Latest / Early Edition with Ryan Bridge / Full Show Podcast: 08 October 2024

Transcript

Full Show Podcast: 08 October 2024 · Early Edition with Ryan Bridge

0:01
Speaker 1: The issues, the interviews and the inside. Ryan Bridge you
0:08
Speaker 1: for twenty twenty four on the early edition with Smith City,
0:12
Speaker 1: New Zealand's Furniture Beds and a play a store us
0:15
Speaker 1: Dog SIDB.
0:15
Speaker 2: Good morning, it has just gone six after five. Welcome
0:18
Speaker 2: to your Tuesday morning news Dog said, be great to
0:21
Speaker 2: have your company this morning. We're going to talk treaty
0:24
Speaker 2: just before six this morning. Big debate coming tonight between
0:27
Speaker 2: David Seymour and Helmmeut Modlick. He's the NATI toer EWE
0:30
Speaker 2: chief executive. He's on the show just before six this morning.
0:34
Speaker 2: Basically at issue is the government sovereign in New Zealand.
0:39
Speaker 2: We're going to talk to Westpac. They've got in a
0:41
Speaker 2: very interesting regional report out this morning. Donald Tomayo out
0:45
Speaker 2: of Australia and don'tk and grieve on Onenews, dot co
0:49
Speaker 2: dot MZ being no more.
0:52
Speaker 1: The agenda.
0:53
Speaker 2: It is Tuesday, the eighth of October. The one year
0:56
Speaker 2: anniversary of Hamas's attack on Israel has been marked in
0:59
Speaker 2: the middle at least his Benjamin Netanyahu.
1:02
Speaker 3: A year ago.
1:03
Speaker 2: We suffered a terrible blow.
1:05
Speaker 4: In the past twelve months, we are changing the reality
1:08
Speaker 4: to end.
1:09
Speaker 2: Two Chinese nationals have died and at least ten people
1:12
Speaker 2: have been injured following an attack in Pakistan by a
1:15
Speaker 2: militant group. They've carried out the attack, which was targeting
1:18
Speaker 2: Chinese engineers. The group has been known to carry out
1:21
Speaker 2: attacks on Chinese nationals involved in Pakistan development projects. The
1:27
Speaker 2: southeast United States bracing for another major hurricane. Milton is
1:32
Speaker 2: quickly intensifying Category four.
1:35
Speaker 5: Talking about three and a half four and a half
1:37
Speaker 5: meter storm surge along the west coast of Florida. And
1:40
Speaker 5: it's significant because Helen produced storm surge about a meter
1:45
Speaker 5: less than what we're expecting to see.
1:47
Speaker 2: With Milton and a new research out this morning, an
1:50
Speaker 2: analysis of death has shown that rapid improvements in life
1:55
Speaker 2: expectancy that we achieved over the twentieth century have slowed
1:58
Speaker 2: dramatically over the past three decades. Basically, we're maxing out.
2:03
Speaker 2: We're tapping out our ability to live forever. We've done
2:06
Speaker 2: the cancer, treatments of dementia, the heart disease. What we
2:09
Speaker 2: need next, they reckon to keep increasing This is drugs
2:14
Speaker 2: to actually slow the aging process. Good luck with that.
2:17
Speaker 2: Eight after five.
2:19
Speaker 1: On your radio and online on iHeartRadio Early Edition with
2:24
Speaker 1: Ryan Bridge and Smith City, New Zealand's furniture beds and
2:27
Speaker 1: applying store new Talk.
2:29
Speaker 2: Said be well don't we already have that botox slows
2:32
Speaker 2: the aging process. Our new research out this morning, also
2:35
Speaker 2: from aut that I want to bring to your attention,
2:37
Speaker 2: and it's one of those Yeah, we knew that. So
2:40
Speaker 2: this is research about the media during the COVID pandemic.
2:44
Speaker 2: And remember there was subsidies, there was direct cash in
2:48
Speaker 2: the Public Interest Journalism Fund paid to media private media companies.
2:53
Speaker 2: This research has found, oh, actually there were some unintended
2:56
Speaker 2: negative consequences as a result of that. Really, so what
3:01
Speaker 2: they found is one, it didn't stop the redundancies. Obviously,
3:05
Speaker 2: people are still being laid off now from these private
3:08
Speaker 2: companies they were paid. The money was paid to these
3:11
Speaker 2: companies at a time where they were in profit and
3:15
Speaker 2: paying their shareholders' dividends, so that doesn't make sense. But
3:19
Speaker 2: the bigger issue is around the perception of the government
3:25
Speaker 2: funding and therefore having an influence over what the media
3:29
Speaker 2: was saying. That was a big one, I think for
3:31
Speaker 2: a lot of people. So it's essentially confirming what people
3:35
Speaker 2: already thought and already knew and what like the lights
3:39
Speaker 2: of Willie Jackson have said on this program before around
3:42
Speaker 2: the role of the treaty and how that was tied
3:44
Speaker 2: to some of the funding. Even he conceded that they
3:47
Speaker 2: overegged that a little bit. And to my mind, the
3:51
Speaker 2: bigger problem was it was the Decinda Show during COVID,
3:55
Speaker 2: wasn't it, and everybody just bowing at the feet and
3:59
Speaker 2: not asking particularly probing questions about all of this. All
4:03
Speaker 2: the while we're locked in our homes feeling very frustrated.
4:08
Speaker 2: And everybody's different, right, So some kiwis in their minds
4:12
Speaker 2: personal freedom, you know, association with their friends and family,
4:17
Speaker 2: freedom of speech, all of those things are quite vital
4:20
Speaker 2: to their quality of life. And if there's a perception
4:24
Speaker 2: that those things are being hindered or shut down, and
4:30
Speaker 2: that the media was complicit in that, that's almost unforgivable,
4:35
Speaker 2: isn't it, And maybe that is part of the problem
4:37
Speaker 2: that we have in the media landscape. Today. We're going
4:40
Speaker 2: to talk to Duncan Grieve actually about this report from
4:43
Speaker 2: aut but also about one used dot co dot nz
4:46
Speaker 2: being shut down. We'd love your views on this this morning.
4:50
Speaker 2: Nine to nine two is the number to text eleven
4:52
Speaker 2: after five.
4:53
Speaker 1: Ryan Bridge.
4:56
Speaker 2: Also this morning, lots of economic data to get through.
5:01
Speaker 2: How does that Does that got you excited for your
5:03
Speaker 2: Tuesday house prices? You will be interested in that. Also,
5:08
Speaker 2: we're going to look at the ocr The guy who
5:11
Speaker 2: was calling for a one and a half percent cut
5:14
Speaker 2: by Christmas. He wants to take a sledgehammer to the OCR.
5:19
Speaker 2: We'll talk about that with Westpac inside the next half hour.
5:22
Speaker 2: You're on News Talks MB.
5:29
Speaker 1: Ryan Bridge new for twenty twenty four on early edition
5:33
Speaker 1: with Smith City, New Zealand's furniture beds and a playing store.
5:37
Speaker 1: News Talks EDB.
5:38
Speaker 2: Thirteen minutes after five. Great to have you with me
5:40
Speaker 2: this morning. So this is from Interest dot co dot
5:43
Speaker 2: in z one year, mortgage rates have fallen to around
5:46
Speaker 2: six point three to three percent. This is on average.
5:49
Speaker 2: They peaked at seven point three five percent in January,
5:52
Speaker 2: so that's a huge drop already. The problem if you're
5:55
Speaker 2: trying to get a mortgage, if you're trying to get
5:57
Speaker 2: a home, particularly first home buyers, the test that's being
6:01
Speaker 2: applied by the banks is still you know, nine percent,
6:04
Speaker 2: which is quite significant. The other problem we're going to have,
6:08
Speaker 2: even when rates come down, the debt to income ratios
6:12
Speaker 2: will kick in they've already started, but they're not you're
6:16
Speaker 2: not feeling the impact of them because interest rates are
6:18
Speaker 2: too high, so that will cap the amount you can
6:21
Speaker 2: borrow at six times your income. So if you are
6:25
Speaker 2: a first home buyer, sorry, things are going to be
6:29
Speaker 2: tough for a while yet. And that is assuming that
6:33
Speaker 2: property prices hold up kind of where they have been
6:35
Speaker 2: and on that. We have new numbers, which I'll get.
6:38
Speaker 1: To in a second bridge right.
6:40
Speaker 2: Now, though we're going to Westpac. The Regional Economic roundup
6:43
Speaker 2: is out. This is the October report. It's a bit
6:46
Speaker 2: of a mixed bag. It comes also as Greg Smith
6:50
Speaker 2: from Devon Funds promotes an aggressive sledge hammer approach to
6:55
Speaker 2: the ocr We've obviously got a cut coming tomorrow, but
6:57
Speaker 2: how big will it be? He wants one and a
7:00
Speaker 2: half percent off by Christmas? That would require seventy five
7:03
Speaker 2: basis points tomorrow and seventy five basis points in November.
7:08
Speaker 2: Ranchold Is, the Westpac Senior Economists, is with us this morning.
7:11
Speaker 2: Statistic Good morning.
7:13
Speaker 6: Good morning, Ryan.
7:14
Speaker 2: First of all, do you think aggressive cuts like that
7:17
Speaker 2: are required?
7:19
Speaker 7: I think that the scope to cut the OCI pretty quickly,
7:22
Speaker 7: but not that sort of pace. While We've seen that
7:25
Speaker 7: inflation's coming down, unemployments still high, and we've got tired
7:28
Speaker 7: interest rate. So that makes the case to cutting the
7:31
Speaker 7: OSIO fast paced. We saw during the pandemic that when
7:34
Speaker 7: you cut rates too quickly can't have unintended consequences. It
7:38
Speaker 7: could risk supercharging the housing market, which could be a
7:41
Speaker 7: different problem for us altogether.
7:43
Speaker 2: Let's look at your regional roundup, HOSTPO, retail bad, Wellington bad.
7:46
Speaker 2: We expect those things, We know those things. What were
7:50
Speaker 2: you told about new hiring from businesses?
7:54
Speaker 7: What we're hearing is that very few firms are looking
7:57
Speaker 7: at taking on staff right now. Those pressures a listening
8:00
Speaker 7: in terms of demands means that they are more cautious
8:02
Speaker 7: about taking on stuff, and a lot of them have
8:04
Speaker 7: actually been shedding workers recently.
8:07
Speaker 2: Agriculture, tourism, are they giving you a bit of hope.
8:11
Speaker 7: They are the bright spots of the economy right now.
8:13
Speaker 7: Tourism has been a boom for regions like Queen Sound.
8:17
Speaker 7: We're also seeing some better prices for some of our
8:19
Speaker 7: key experts. That's been welcome for some of our rural regions.
8:24
Speaker 2: Southland. I noticed you mentioned Southland in the report that
8:28
Speaker 2: they are coming off a little bit.
8:31
Speaker 7: Yeah, Southland has seen some more mixed conditions recently, spending
8:35
Speaker 7: there has flattened off, but with a mix of conditions
8:39
Speaker 7: they're especially that improvement and agriplaces. It's really looking a
8:42
Speaker 7: bit more flat rather than weak.
8:45
Speaker 2: All right, thanks Sama. Just finally that the North South divide,
8:49
Speaker 2: who is more optimistic right now?
8:53
Speaker 7: I think we are seeing some more positive conditions coming
8:56
Speaker 7: through in the South Island. They've got that mix of
8:58
Speaker 7: tourism and agricultu as well as other industries helping to
9:02
Speaker 7: support sentiments. In the North Island, it was clearly a
9:05
Speaker 7: weaker pitchure, especially in Wellington for those job loss being felt,
9:09
Speaker 7: as well as financial pressures right across the country.
9:11
Speaker 2: Statists, thanks so much for your time. Satisha Ranchod with
9:14
Speaker 2: US Westpac Senior Economists, seventeen after five. Up next the
9:18
Speaker 2: Media with Duncan Grief, The.
9:20
Speaker 1: News you Need this morning and the in depth analysis
9:23
Speaker 1: early edition with Ryan Bridge and Swift City, New Zealand's
9:27
Speaker 1: Furniture Beds and a Playing Store News Talk.
9:29
Speaker 2: Zaid be Milton. The hurricane that's heading towards Florida in
9:33
Speaker 2: the United States has just been upgraded to a Category
9:36
Speaker 2: five storm. Winds of two hundred and fifty kilometers an
9:40
Speaker 2: hour expected. This has just happened in the last few minutes.
9:42
Speaker 2: Obviously they've been dealing with the fallout from Hurricane Helene
9:45
Speaker 2: as well, So a lot going on there. Will bring
9:47
Speaker 2: you more just before the News at five thirty right
9:49
Speaker 2: now twenty.
9:50
Speaker 1: After Ryan Bridge.
9:52
Speaker 2: So TVNZ's one News website is set to be cut
9:55
Speaker 2: from February next year as part of the state broadcasters
9:58
Speaker 2: news proposal to head a thirty million dollar savings target.
10:01
Speaker 2: Staff have also been told there's a proposal to consolidate
10:05
Speaker 2: some business areas to align with its news strategy, et cetera,
10:07
Speaker 2: et cetera. Dunk and Grieve spinoff founder and media commentator
10:10
Speaker 2: joins us this morning, Dunk and good morning. Good to
10:14
Speaker 2: have you on the show. Tell me what happens to
10:18
Speaker 2: the website. How important is the website to one News.
10:22
Speaker 8: I mean, it's a brutal thing to say, but I
10:24
Speaker 8: don't think it's particularly important to one News. You know,
10:27
Speaker 8: the core business of them has always been built around
10:31
Speaker 8: that six pm bulletin, which still has such a large audience,
10:36
Speaker 8: and the news room is, you know, rightly or wrongly,
10:39
Speaker 8: driven around creating video the news. So the one news
10:42
Speaker 8: website never got the scale of audience to compete with
10:47
Speaker 8: the bigger text driven websites, and as a result, it's
10:51
Speaker 8: it's always set a bit off to the side. In
10:53
Speaker 8: my opinion.
10:54
Speaker 2: You can't tell me that costs thirty million dollars to
10:56
Speaker 2: run the website, right, So where else are the saving
11:00
Speaker 2: is going to come from?
11:02
Speaker 8: I mean, that's a really good point, you know. I'd
11:06
Speaker 8: say there's probably maybe a couple of million, maybe a
11:10
Speaker 8: bit more in savings associated with the website across you know,
11:14
Speaker 8: the editors, writers, specialized journalists, development and so on. But
11:22
Speaker 8: thirty million dollars is just an enormous sum for it
11:25
Speaker 8: or Slight TV, and it represents roughly ten percent of revenues.
11:29
Speaker 8: But remember they've got a lot of money that goes
11:32
Speaker 8: straight out the door on playing overseas content or local production.
11:37
Speaker 8: So if they're looking to find that within the house,
11:40
Speaker 8: you know, suddenly that starts to look like a very
11:42
Speaker 8: large proportion of their spend and a lot more staff
11:45
Speaker 8: than just a website.
11:47
Speaker 2: This idea of putting video content on their at news
11:51
Speaker 2: video content on their app, it sounds like a good
11:54
Speaker 2: one to me. They'll be competing with I guess the
11:56
Speaker 2: likes of YouTube. Maybe it's more of a local flavor.
11:59
Speaker 2: Do you think it could work.
12:02
Speaker 8: I think it could work. I don't think it's guaranteed
12:05
Speaker 8: by any means. It's unfortunate in a way that TV
12:09
Speaker 8: d Plus, which you know, and it's predecessor TV said
12:12
Speaker 8: on demand, has been running for the second of teen
12:15
Speaker 8: years and news has never felt like a priority for it,
12:18
Speaker 8: not certainly not the way it does on the linear stream.
12:21
Speaker 8: So they're coming from behind to an extent. But even
12:26
Speaker 8: if you go and look at the app now you
12:27
Speaker 8: know they've got this new John Campbell true crime series
12:31
Speaker 8: from a place you can now access individual clips of
12:35
Speaker 8: the news from the home page. You know, it's it's
12:40
Speaker 8: a bit of a sort of stop gap compared to
12:42
Speaker 8: what a fully kind of you know, realized vision of
12:46
Speaker 8: news within TV and Z plus would look like. But
12:48
Speaker 8: it's a start, and that's clearly where they're going to
12:50
Speaker 8: put all the energy now into the digitational news offering.
12:53
Speaker 2: It does sound like it, doesn't it. Hey, this aut report,
12:55
Speaker 2: I know we've only just seen at you this morning
12:58
Speaker 2: and it's only just come out, but it's it's essentially
13:00
Speaker 2: saying that the funding that was given to the media
13:03
Speaker 2: during the COVID pandemic, you know, the Public Interest Journalism Fund,
13:06
Speaker 2: et cetera, had some unintended negative consequences, which I'm I
13:11
Speaker 2: kind of thought was obvious. But they're saying, you know,
13:14
Speaker 2: it didn't stop the redundancies. It was paid at a
13:17
Speaker 2: time where private companies were paying dividends and making profits,
13:20
Speaker 2: and it also led to perception problems. You think it's valid.
13:26
Speaker 8: Not really. I mean, like I sort of looked at
13:30
Speaker 8: the study when it arrived yesterday and I was like, yeah,
13:32
Speaker 8: a lot of it's captain obvious and essentially duplicative of
13:36
Speaker 8: a U two researcher already exists around the sort of
13:39
Speaker 8: trust issue. But the idea that you that it went
13:43
Speaker 8: to private companies that are paying dividends. You know, if
13:46
Speaker 8: if the government's kind of participation in news means that
13:52
Speaker 8: private companees are to stop paying dividends, that it can
13:55
Speaker 8: only participate them basically not for profit, so therefore only
14:00
Speaker 8: hour and that So that just seems like a weird
14:02
Speaker 8: thing to single out. And the whole structure of the
14:06
Speaker 8: PIGF was here is some money for you to do
14:08
Speaker 8: something new. You wouldn't ordinarily do, which meant that it
14:13
Speaker 8: was kind of cost neutral, but it but it did
14:17
Speaker 8: its job on that front. But unfortunately, because of the
14:20
Speaker 8: timing of it and because of you know, the sort
14:22
Speaker 8: of world canvas, you know, ways that it approached particular areas,
14:28
Speaker 8: it led to a perception of politicization. But again, this
14:31
Speaker 8: is all sort of quite well known, so I didn't
14:34
Speaker 8: really see what the function of that research was.
14:36
Speaker 2: I've got to study something, don't they aut.
14:39
Speaker 8: The thing that's interesting is like, we have these journalism
14:43
Speaker 8: schools kind of creating journalists, but we also have an
14:46
Speaker 8: industry that is, you know where this time in February
14:51
Speaker 8: of next year, we'll have too fewer of our five
14:55
Speaker 8: biggest news sites, you know, And so what is the
14:58
Speaker 8: pipeline for, Like why are we educating journalists because right
15:01
Speaker 8: now it looks like this is an industry that is
15:04
Speaker 8: running to shut down. So, you know, it's weird that
15:07
Speaker 8: they're doing with kind of semi esoteric research projects when
15:10
Speaker 8: the big question is why are we training people at all?
15:14
Speaker 2: Don't Angrieve with a great start to your morning. Thank
15:16
Speaker 2: you very much for your time. It's been off. Founder
15:18
Speaker 2: and media commentator on One News and the state of
15:21
Speaker 2: the media. More generally twenty five after five the early.
15:24
Speaker 1: Edition full the Show podcast on iHeartRadio, Power by News Talks.
15:28
Speaker 2: At me, you're on news Talks. There'll be twenty seven
15:32
Speaker 2: minutes after five o'clock. Inflation is still the dominant force
15:35
Speaker 2: in global politics, no doubt about it. We've got the
15:39
Speaker 2: US election next month. The Aussies are going to the
15:41
Speaker 2: polls by midway through next year, so are the Canadians.
15:43
Speaker 2: We just had the UK, we've just had France, and
15:46
Speaker 2: inflation rules the roost and bad news for old Elbow
15:50
Speaker 2: in Australia. There's a new poll out this morning that
15:53
Speaker 2: has him neck and neck with Dutton and with the Coalition.
15:59
Speaker 2: But here's it's the bad part, the really bad part.
16:01
Speaker 2: Forty four percent of Aussies think the economy will worsen
16:04
Speaker 2: in the next six months. What's more, Dust and the
16:08
Speaker 2: Coalition are favored on the economy thirty eight percent to
16:11
Speaker 2: twenty six percent, and more people blame the government for
16:16
Speaker 2: causing inflation rather than global issues. So he has an
16:20
Speaker 2: uphill battle, doesn't he. For New Zealand, inflation should be
16:25
Speaker 2: should be a distant memory by the time we had
16:27
Speaker 2: twenty twenty six. In our next election, it's expected to
16:30
Speaker 2: be inside the target range. By Christmas. GDP should have
16:35
Speaker 2: picked up, unemployment, should have fallen, torourism, agriculture. We've already
16:39
Speaker 2: heard this morning or showing promising signs. But there's always
16:42
Speaker 2: a defining issue in a political campaign, isn't there? What
16:46
Speaker 2: will ours be in twenty twenty six? Do you think
16:49
Speaker 2: a smart government will always try to define what that
16:53
Speaker 2: issue is ahead of time and to control the narrative,
16:55
Speaker 2: control the language around it, control the debate. I think
16:59
Speaker 2: the biggest risk for the National Party this point, this
17:01
Speaker 2: far out. I know it is a bit far for predictions,
17:04
Speaker 2: crystal ball gazing, but I think at this stage it
17:06
Speaker 2: is probably public service cuts, you know Dunedin Hospital, public transport, health,
17:12
Speaker 2: education etc. The reality is probably most of us will
17:16
Speaker 2: give them another go, but it wouldn't hurt them to
17:19
Speaker 2: keep an eye on what comes next. Twenty nine after five.
17:27
Speaker 1: To the First Word on the News of the Day
17:41
Speaker 1: Early edition with Ryan Bridge and Smith City New Zealand's
17:45
Speaker 1: furniture beds and a play at store.
17:46
Speaker 9: News Talk zibby, good morning, it is twenty four minutes
17:59
Speaker 9: away from six.
18:00
Speaker 2: You're on news Talk, said be great to have your
18:02
Speaker 2: company this Tuesday. Australians apparently easy prey for cryptos scammers?
18:07
Speaker 2: Is it because they're stupid? It's not very nice. Donald
18:10
Speaker 2: Demato is with us out of Australia shortly. Also, the
18:12
Speaker 2: big Treaty debate kicks off tonight. We're going to speak
18:14
Speaker 2: to one of the participants, the guy who's going up
18:17
Speaker 2: against David Seymour David and Goliath. He is with us
18:20
Speaker 2: just before six this morning. Lots of your feedback on
18:23
Speaker 2: what the next big issue will be for the government
18:26
Speaker 2: when it comes to getting elected. This is twenty twenty six.
18:29
Speaker 2: I know it's a bit far in the future, Ryan,
18:32
Speaker 2: I think the big thing at the next election will
18:34
Speaker 2: be the Treaty Principles and National could lose some votes
18:37
Speaker 2: to Act. That's obviously the ACT party's strategy, David Simol's
18:41
Speaker 2: strategy with this Treaty Principle's Bill, because he knows it's
18:44
Speaker 2: going nowhere, but he knows it will sit on the
18:45
Speaker 2: books and then hopefully he can revive it or at
18:47
Speaker 2: least use it as a stick to beat the government,
18:49
Speaker 2: to beat National with it the next election. Will it work?
18:53
Speaker 2: I don't know. I don't know. It depends what else
18:55
Speaker 2: is going on, right, And that's the question we've been
18:57
Speaker 2: asking this morning on COVID and this new report out
19:01
Speaker 2: from aut which says basically, during COVID, government paid media money,
19:07
Speaker 2: media was still making profit and perception problems created for media,
19:13
Speaker 2: huge problems, and so many of you have gotten touch
19:15
Speaker 2: about this. In particular, Ryan, we completely stopped watching television
19:20
Speaker 2: during COVID and we just haven't gone back there. One
19:23
Speaker 2: news is of the world who've announced cuts in the
19:25
Speaker 2: last couple of hour, twelve hours paying the price for
19:29
Speaker 2: this still, says Penny Penny. Thanks for your message, Ryan.
19:32
Speaker 2: Of course the media was complicit, TV and ZE radio
19:35
Speaker 2: in New Zealand, stuff, etc. All of them were bribed
19:38
Speaker 2: by the government. I make a slight distinction and that
19:41
Speaker 2: I don't think it was the money that was causing
19:45
Speaker 2: the problems. I think it was COVID and journalists and
19:51
Speaker 2: the media felt that if they stepped outside of the
19:56
Speaker 2: lines around COVID and the you know, the narrative, then
20:02
Speaker 2: they would get into big trouble. And look what to
20:06
Speaker 2: hap him to Simon Bridges when he tried to step
20:08
Speaker 2: outside of the lines a little bit, he got rolled
20:10
Speaker 2: from the National Party. Do you know what I mean?
20:12
Speaker 2: I think that was the bigger problem anyway, I digress
20:14
Speaker 2: twenty two minutes away from six News talks the'b Brian Bridge.
20:18
Speaker 2: We're going to our reporters around the country and we're
20:20
Speaker 2: starting with Cullum and Nedin this morning. Culum, give us
20:24
Speaker 2: an update. The protests continue, albeit behind the scenes on
20:28
Speaker 2: the hospital. Yeah, that's right.
20:32
Speaker 3: Look, Prime Minister Christopher Luxe and visited Dunedin yesterday and
20:35
Speaker 3: everywhere he turned he was ambushed by hospital protesters, which
20:39
Speaker 3: is not surprising. He was here checking in on how
20:42
Speaker 3: the city coped with Friday's floods.
20:45
Speaker 2: This protest after.
20:46
Speaker 3: The government signaled a hospital project downgrade following a claim
20:49
Speaker 3: three billion dollar blowout.
20:52
Speaker 2: Even the mayor was protesting. Him and fellow counselors.
20:54
Speaker 3: Wore the hospital protest t shirts for the Prime Minister's
20:58
Speaker 3: visit yesterday and the mutuals. Radick says, look, his Southern
21:03
Speaker 3: delegation protest to Wellington remains on the cards. He says,
21:07
Speaker 3: a solid protest campaign is still planned. They want the
21:10
Speaker 3: government to deliver what was promised and he's also signing
21:13
Speaker 3: the Bullet Declaration today stating our health systems in crisis.
21:17
Speaker 2: All right, and your weather today, your health system not great,
21:20
Speaker 2: But how's your weather looking? Yeah? Look better?
21:22
Speaker 3: Another good data for the city to dry out. Find
21:25
Speaker 3: today one or two afternoon showers, northerly, strong and exposed
21:28
Speaker 3: places and a warm high of nineteen All.
21:31
Speaker 2: Right, come, thank you for that. Clear and christ Church clear,
21:34
Speaker 2: Good morning to you. So these buses, the public transport
21:37
Speaker 2: they were going to put on for the cruise ships,
21:38
Speaker 2: have they been axed?
21:40
Speaker 7: Yeah?
21:40
Speaker 10: Look, this has all been bubbling around here just for
21:42
Speaker 10: the last kind of twenty four hours or so. Ryan,
21:45
Speaker 10: we've effectively learned that e CAN here won't be funding
21:48
Speaker 10: additional bustners or support staff for this upcoming ship cruise
21:53
Speaker 10: ship season.
21:53
Speaker 11: Of course, we're only a week out.
21:55
Speaker 10: From the first ship docking at Littleton. The thing about
21:57
Speaker 10: this is the call was made back in April, during
22:00
Speaker 10: the long term planned deliberations. E CAN tells us that
22:03
Speaker 10: was in order to help reduce rates increases because there
22:06
Speaker 10: was community concern about the original rates proposal. There's been
22:10
Speaker 10: some backlash from residents though, saying they weren't aware of
22:13
Speaker 10: it and that it's come as a shock. Local government
22:15
Speaker 10: expert Andy Asquith says the situation didn't need to be
22:18
Speaker 10: directly communicated instead of buried in documents and then released
22:22
Speaker 10: this week to us in the media. He says it's
22:25
Speaker 10: a big ask to expect the average citizen to read
22:28
Speaker 10: all LTP decisions.
22:30
Speaker 2: Yeah, I think it is too clear. Your weather today a.
22:33
Speaker 10: Really foggy start here in christ Church. The northwesterlies will
22:36
Speaker 10: be strong and exposed places too afternoon, gusting eighty kilometers
22:39
Speaker 10: per hour before easing. The high though eventually will be
22:42
Speaker 10: twenty one.
22:43
Speaker 2: All right, thank you Max's and Wellington. Hey Max, your
22:45
Speaker 2: buildings are being inspected, your residents are being evacuated and
22:49
Speaker 2: they're being sent back in. Yeah.
22:52
Speaker 1: No.
22:52
Speaker 12: Look, as someone who lived through to major quakes in
22:55
Speaker 12: christ Church, this one was moderate. I would say there's extreme,
22:59
Speaker 12: which is oh, and then there's moderate, which is oh.
23:02
Speaker 12: And this was more of a oh. But look, you're
23:05
Speaker 12: hearing me to start this morning because we've obviously been
23:08
Speaker 12: let back into our office yesterday. We were kicked out
23:11
Speaker 12: after some cracks were noticed on Sunday and inspection was done.
23:15
Speaker 12: And we're not the only one. Quite a few owners
23:17
Speaker 12: taking a cautious approach around the city this week. The
23:19
Speaker 12: Council also says seventeen of its buildings have been inspected.
23:23
Speaker 12: The Opera House, Saint James Theatre, Michael Fowler Center, all
23:26
Speaker 12: apparently passing with flying colors. But it was a big
23:30
Speaker 12: enough for shake to crack open. Some of our decades
23:33
Speaker 12: old pipes to drinking water pipes have broken. One pottydoer
23:37
Speaker 12: one in Kelburn, Wellington water reckons. We're going to see
23:40
Speaker 12: an increase in leaks and bursts in the days and
23:43
Speaker 12: weeks following this jolt, and Worth saying this jolt was
23:47
Speaker 12: the strongest in New Zealand actually in over a year.
23:51
Speaker 13: And you only scored it an oh as you're with
23:55
Speaker 13: it today, Hi, cloudy until rain this evening some very
23:59
Speaker 13: strong more still he's fifteen the high in the city.
24:02
Speaker 2: Next neighvas and nevers tough as an e Mac. Yes,
24:05
Speaker 2: who needs a director scale when you've got mac? That's right?
24:08
Speaker 2: Telling me about the flood clean up. This is a
24:10
Speaker 2: milestone for or Con Transport.
24:11
Speaker 11: It is for eighty So this is the cleanup from
24:14
Speaker 11: last year's anniversary weekend flood. So the Transport agency says
24:18
Speaker 11: it's now completed. Can you believe it? Ninety percent of
24:21
Speaker 11: repairs so that's the major milestone. So I can tell
24:24
Speaker 11: you that it's spent about two hundred and twenty five
24:26
Speaker 11: million dollars on flood repairs. This includes fixing about three
24:30
Speaker 11: thousand sites, so that includes one hundred and eighteen major slips.
24:34
Speaker 11: Murray boot he's the infrastructure director. He says, look, we've
24:37
Speaker 11: got one hundred and sixty five thousand dollars left and
24:40
Speaker 11: we've got two hundred sites still to repair. He reckons that,
24:44
Speaker 11: look that they're on track to stay within budget. Do
24:46
Speaker 11: you believe it?
24:47
Speaker 1: No?
24:48
Speaker 11: I agree with you because he's said that. You know, look,
24:50
Speaker 11: they've got challenging repairs still ahead of them.
24:52
Speaker 7: So let's see.
24:53
Speaker 11: Let's see what happened.
24:54
Speaker 2: How's the weather today, Neva.
24:55
Speaker 11: We've got morning evening cloud otherwise fine, no rain today.
24:58
Speaker 2: Yay yay now high ninety, thank you very much. It
25:01
Speaker 2: has just gone seventeen minutes away from six News Talks.
25:04
Speaker 2: Therebb lots of feedback on Dunedin. Andrew says, Ryan, way
25:07
Speaker 2: too much virtue signaling from Dunedin on this. Someone else
25:12
Speaker 2: has to pay for that hospital. Three billion dollars too much.
25:15
Speaker 1: You're on Newstalk's EBB International Correspondence with ends and eye insurance,
25:21
Speaker 1: peace of mind for New Zealand business.
25:24
Speaker 2: Selba come what's your house worth? And also the treaty
25:27
Speaker 2: debate which is taking place tonight. We'll get to that
25:29
Speaker 2: in a second right now, fourteen away from six and
25:32
Speaker 2: Donod tomorrow is our Australia correspondent Donna. The Prime Minister
25:35
Speaker 2: Anthony Alberani haz Haing spoken to a vigil marking the
25:38
Speaker 2: anniversary of October seven.
25:40
Speaker 4: Yes, he attended a vigil where about seven thousand people gathered,
25:47
Speaker 4: some lanterns will let and obviously a lot of reflection
25:50
Speaker 4: was made on what happened on October seven. But interestingly
25:56
Speaker 4: the Prime Minister didn't speak at the event and there
25:59
Speaker 4: was a little bit of in fact, some people were
26:02
Speaker 4: saying shame as he attended this gathering. But earlier in
26:07
Speaker 4: the day Anthony Abaneze did issue a video message and
26:11
Speaker 4: he did say it was a moment to reflect on
26:13
Speaker 4: the horrific terrost atrocity and yet he holds hope that
26:18
Speaker 4: peace for all is possible, and he said the first
26:22
Speaker 4: anniversary will carry terrible pain, including for the families of
26:26
Speaker 4: those hostages that and he declared sorrow knows no boundaries
26:30
Speaker 4: and recognizes no differences. Interestingly, he also talked about the
26:34
Speaker 4: fact that since the atrocities of October seven, as he
26:37
Speaker 4: put a Jewish Australians have felt the cold shadow of
26:41
Speaker 4: anti Semitism reaching into present day.
26:44
Speaker 2: Is that a bit weird that he didn't. I mean,
26:46
Speaker 2: he releases a video message, but doesn't she speak at
26:48
Speaker 2: the vigil?
26:50
Speaker 4: It is interesting. Meantime, about ten thousand people gathered in
26:55
Speaker 4: Sydney at a commemorative event, a vigil, and the Opposition
27:01
Speaker 4: leader was actually heard just to say that a moral
27:05
Speaker 4: fog had descended on Australia. And apparently there were cheers
27:09
Speaker 4: for Bete Dunden who did the opositionally diet my dad
27:13
Speaker 4: who did speak.
27:14
Speaker 2: So yes, I can't.
27:17
Speaker 4: Speak for all Australians, but it was an interesting decision
27:19
Speaker 4: for the PM not to speak last night.
27:21
Speaker 2: I certainly was Johnna, thank you very much for that update.
27:23
Speaker 2: Don and Demo our Australia correspondent with us this morning,
27:26
Speaker 2: twelve minutes away from six Bryan Bridge. Big debate coming
27:30
Speaker 2: tonight on the Treaty Principles builders as David Seymour's topic,
27:34
Speaker 2: Djuur and he will be taking on the Nazi Tower
27:37
Speaker 2: chief executive Helmet Modlick. They'll go head to head in
27:40
Speaker 2: a public debate. It will take place at eight pm
27:43
Speaker 2: this evening. It's been live streamed on all sorts of
27:45
Speaker 2: different platforms, and Helmet Modlick is with us this morning. Helmet.
27:49
Speaker 2: Some say we shouldn't be debating the treaty. That is
27:53
Speaker 2: a very strong line coming from the lights of the party. Mardi.
27:56
Speaker 2: Does this mean you disagree we do need the debate.
27:59
Speaker 6: I agree entirely that we should have a debate, which
28:02
Speaker 6: is why I've made myself available to participate in it.
28:05
Speaker 6: What I was discomfited by was the lack of substantive
28:09
Speaker 6: information and thought exchange. We were only getting, you know,
28:14
Speaker 6: curated sound bite versions of one position. And so yeah,
28:19
Speaker 6: I'm looking forward to the debate and welcome it.
28:21
Speaker 2: What do you make of tapaty Marii's approach to this,
28:24
Speaker 2: which has been to throw words like genocide and white
28:28
Speaker 2: supremacists out there. What's your take on their stance.
28:33
Speaker 6: Well, I can't speak for to party Maori, of course,
28:35
Speaker 6: but what I do know is that the historical record
28:39
Speaker 6: of the harm that has occurred in the Mali community
28:42
Speaker 6: as a consequence of breaches of they to await Tonguey
28:46
Speaker 6: are hard to overstate, and in fact that my memory
28:48
Speaker 6: shaves me right. I believe the word genocide was originally
28:51
Speaker 6: used by the white Tonguy tribunal connection with the harm
28:54
Speaker 6: that resulted to the Taranaki people as a consequence of breaches.
28:58
Speaker 6: So I understand the feeling, I understand the language, I
29:01
Speaker 6: understand the passion, and there's no avoid at this point
29:07
Speaker 6: in our history, though, I think the time for us
29:11
Speaker 6: is here, is for us to exchange ideas about to
29:14
Speaker 6: go forward.
29:14
Speaker 2: Okay, this sounds promising. This sounds like you're going to
29:17
Speaker 2: have a robust discussion. Do you you've seen that, You've
29:23
Speaker 2: seen that the principles that the government has put forward,
29:26
Speaker 2: David Siemil's put forward. You know, the government has the
29:28
Speaker 2: power to govern, respecting the rights of Ewy and Hapoo
29:31
Speaker 2: and being equal before the law. Is there anything wrong
29:34
Speaker 2: with those?
29:37
Speaker 6: Yeah? Well, okay, you don't want me to give away
29:39
Speaker 6: the game plan for tonight, bud, but just really quickly,
29:42
Speaker 6: the government has the right to govern and sees who
29:44
Speaker 6: and how did they get that right? Well, that's a
29:46
Speaker 6: rather fundamental question than will examine tonight. Secondly that the
29:50
Speaker 6: rights that accrue to the hapu of in fact, the
29:54
Speaker 6: bill sees that they are as outlined in the treaty,
29:58
Speaker 6: but constrained by whatever government of the day actually concedes
30:02
Speaker 6: that they may be. So there's a lot of logical flaws,
30:06
Speaker 6: even on the question of equality before the law. I
30:08
Speaker 6: look forward to pointing out tonight how how equality before
30:11
Speaker 6: the law is a fiction today, yesterday, and probably tomorrow.
30:15
Speaker 6: So there's a lot of logical flaws which I look
30:17
Speaker 6: forward to surfacing. And yeah, well that's it, Helmut.
30:21
Speaker 2: How the big one here, and you mentioned it to
30:23
Speaker 2: start with that the governor has the right to govern.
30:26
Speaker 2: You say, says, who when did that happen? It's it's
30:30
Speaker 2: the fundamental question is whether Mary seated sovereignty, whether the crown,
30:35
Speaker 2: whether the government is sovereign in New Zealand, they have
30:37
Speaker 2: the right to make laws. You don't think they do.
30:41
Speaker 6: You have hit the nail on the head, Ryan, and I.
30:43
Speaker 2: Look forward to Jesus, where does that leave us?
30:47
Speaker 11: It leaves us.
30:47
Speaker 6: It leaves us right where we are, Ryan, right where
30:50
Speaker 6: we are. So so the real issue isn't about the
30:54
Speaker 6: the technicalities. The real issue has always is the substance
30:58
Speaker 6: of our civil society. Do we actually believe in things
31:02
Speaker 6: like truth and justice and freedoms and equality before the
31:05
Speaker 6: life we do? Then? Cool, let's look with crystal clear
31:08
Speaker 6: eyes and what's that got us to where we're at.
31:11
Speaker 6: We're in a great place. This is an awesome place
31:14
Speaker 6: with an awesome group of people and democracy call. So
31:17
Speaker 6: let's not ignore that, but let's be truthful about what
31:21
Speaker 6: got us here and how to go forward and the
31:23
Speaker 6: way that Qiwei's actually wants.
31:25
Speaker 2: That's it both, all right? Hey, Hey, saldzeg is going
31:28
Speaker 2: to be a good debate. Look forward to watching it. Helmet,
31:30
Speaker 2: thanks so much for your.
31:31
Speaker 1: Time get ahead of the headlines. Ryan Bridge, you for
31:36
Speaker 1: twenty twenty four on early edition with Smith City, New
31:39
Speaker 1: Zealand's furniture bids and a playing store news Talks, it'd be.
31:43
Speaker 2: Six minutes away from six year on news Talk, said
31:45
Speaker 2: be very quickly because I promised you. The QV House
31:48
Speaker 2: Price Index average home value for September down point four percent,
31:52
Speaker 2: slight improvement on August, which was down point five for
31:55
Speaker 2: September quarter, down one point six for the August quarter,
31:58
Speaker 2: down two. So I mean they call it green shoots?
32:01
Speaker 2: Is it green shoots or is it just less bad
32:02
Speaker 2: than it was. I guess they're the same thing. Mike's yeah,
32:05
Speaker 2: good morning, Mike.
32:06
Speaker 14: I'm seeing green shoots in housing, yep, and you buy
32:11
Speaker 14: I'm all over the place, you know me, I'm just everywhere.
32:14
Speaker 14: But you're seeing a lot more people at open homes,
32:17
Speaker 14: and that's been a noticeable trend you're seeing. Spring always
32:20
Speaker 14: helps if you look at a place north of Auckland,
32:22
Speaker 14: like Omaha at the moment, which is a beach community.
32:24
Speaker 2: Which is obviously where you're looking at it.
32:26
Speaker 14: No, I'm not, but it's booming. It's like the number
32:29
Speaker 14: of listening to the number of houses coming on. So
32:31
Speaker 14: there's a bit of a vibe about.
32:33
Speaker 2: The place because Omaha obviously quite expensive. But if you're
32:36
Speaker 2: going to buy anywhere, it's so close to the city
32:38
Speaker 2: at to Aukland, isn't it. That's where you want to there?
32:40
Speaker 14: You are you're selling it right.
32:41
Speaker 2: Wellington not so much though, down three point two percent,
32:44
Speaker 2: and the only one that's actually getting worse at the moment.
32:49
Speaker 2: What do you mean getting worse backwards? Going backwards by
32:52
Speaker 2: more than it did in the August quarter, if you
32:54
Speaker 2: know what I mean?
32:55
Speaker 14: What Wellington well for obvious reasons, because everyone's been fired.
32:59
Speaker 14: Well it's all so Tory me. So you've got Tory
33:02
Speaker 14: and there is no work, So why would you want
33:04
Speaker 14: to buy a house? Well, mind you, that's the time.
33:06
Speaker 14: That's how markets work, right, isn't it? As you get
33:09
Speaker 14: in low, you make your money and get out. I mean,
33:12
Speaker 14: do I have to tell you everything here? Goodness, Saint,
33:15
Speaker 14: I do enjoy your life lessons in the morning. Yeah,
33:17
Speaker 14: today head of the Navy, so he's he's I'm going
33:21
Speaker 14: to be interested to see. I mean, what do you reckon?
33:23
Speaker 14: The premium on third party insurance is for a big boat.
33:25
Speaker 2: Well, I'm surprised they even had third party, to be honest.
33:28
Speaker 14: I was astonished. I asked Judith Collins yesterday, as almost
33:31
Speaker 14: as a joke, I said, I take it you don't
33:33
Speaker 14: have insurance, and she will actually we do, And I thought, man,
33:36
Speaker 14: I don't know where you get insurance from for a
33:38
Speaker 14: for a warship. Who's underwriting that exactly? And so what
33:41
Speaker 14: what's your premium? Anyway, So we'll talk to the head
33:44
Speaker 14: of the Navy and find out where they are with that.
33:45
Speaker 14: And we find out this morning it's sunk and it's
33:47
Speaker 14: deep and you know how they're going to do it.
33:49
Speaker 14: I mean, how big is that job?
33:50
Speaker 2: And who are they going to hide?
33:51
Speaker 14: The whole thing's a missed, it's a complete miss and
33:53
Speaker 14: of course the Prime Minister being Tuesday, it's it's Prime
33:55
Speaker 14: Ministerial Tuesday.
33:57
Speaker 2: MICUs with the next I'll be back tomorrow. Have a
33:58
Speaker 2: great one, everybody.
34:08
Speaker 1: For more from News Talk st B, listen live on
34:11
Speaker 1: air or online, and keep our shows with you wherever
34:14
Speaker 1: you go with our podcasts on iHeartRadio.