Latest / Early Edition with Ryan Bridge / Full Show Podcast: 10 February 2026
Transcript
- 0:01Speaker 1: The issues, the interviews and the insight. Ryan Bridge on
- 0:05Speaker 1: an earlier show with one roof love where you Live
- 0:09Speaker 1: News Talks, there'd be good morning.
- 0:10Speaker 2: Welcome to Tuesday six. After five we'll speak to an
- 0:13Speaker 2: energy sector boss on this Allen g terminal before six
- 0:15Speaker 2: this morning. Donald to Mayow in Australia for us, the
- 0:17Speaker 2: lawyer on the two hundred thousand dollars they found in
- 0:20Speaker 2: the ceiling in their home but couldn't keep the money
- 0:22Speaker 2: and top of Clay signs a new deal with the Aussies.
- 0:25Speaker 2: What's that about? We'll find out the agenda today of
- 0:29Speaker 2: tenth of February. More heat on Starmer this morning. This
- 0:32Speaker 2: is now the Scottish labor leader who's coming out against him.
- 0:37Speaker 2: A Nussawa is his name. He's calling on Starma to
- 0:39Speaker 2: stand down over mandals to the nepsteam.
- 0:41Speaker 3: The situation in Downing Street is not good enough. There
- 0:46Speaker 3: have been too many mistakes. Cure Starmer is a decent
- 0:50Speaker 3: man and it is no secret they have always got
- 0:53Speaker 3: on well with them, and he has dedicated his life
- 0:56Speaker 3: to public service. I have also dedicated myself to public
- 0:59Speaker 3: service and I need to decide what I'm willing to accept.
- 1:04Speaker 3: Are what I'm willing to tolerate.
- 1:05Speaker 2: And there's a couple of problems with him saying what
- 1:07Speaker 2: he's saying. I'll get to those shortly. Also, the PM's
- 1:10Speaker 2: in a circle fitting out. You know, yesterday we heard
- 1:13Speaker 2: about the chief staff. He's gone. Now the comms director
- 1:16Speaker 2: Tim Allen has gone too. And let's go to Japan.
- 1:20Speaker 2: Taki Ichi won with a landslide victory in the snap election.
- 1:22Speaker 2: We told you that yesterday. The top concern now, of course,
- 1:25Speaker 2: is China.
- 1:26Speaker 4: If there is an attack on Taiwan by China, that
- 1:30Speaker 4: would greatly affect Japan, and more likely than not, there
- 1:33Speaker 4: might be an intervention by the United States, and as
- 1:36Speaker 4: a treaty ally, Japan would be drawn into such a conflict.
- 1:41Speaker 4: But these sort of spats between Japan and China the
- 1:43Speaker 4: sort of ebb and flow, and it just seems to
- 1:46Speaker 4: be a sort of a never ending issue.
- 1:47Speaker 2: Would America step in though, And that's the real question
- 1:50Speaker 2: is and it let's go there. These Settle Seahawks have
- 1:52Speaker 2: won the Super Bowl, but of course no one cares
- 1:54Speaker 2: about the actual game. They're talking about the halftime performance
- 1:57Speaker 2: from Bad Bunny, Trump calling it the worst halftime show
- 2:01Speaker 2: ever for I twe.
- 2:07Speaker 5: So Chi.
- 2:11Speaker 2: Yeah, look it was a bit weird. I mean, I
- 2:14Speaker 2: don't know him as an artist, so I probably didn't
- 2:16Speaker 2: understand that Ricky Martin was there. Lady Gargo. You always
- 2:36Speaker 2: get behind a bit of Lady Gaga.
- 2:39Speaker 1: Views and views you trust to start your day. It's
- 2:42Speaker 1: early edition with Bryan Bridge and one roofe Love where
- 2:47Speaker 1: you Live news talks.
- 2:48Speaker 2: He'd be like our colleague Michael, who's a straight man
- 2:50Speaker 2: that goes to Lady Gaga concerts and Taylor Swift concerts.
- 2:54Speaker 2: Very odd, very strange behavior, but he'd be into a
- 2:56Speaker 2: bit of that too, right. It's nine minutes half to five.
- 3:00Speaker 2: A little updates for you this morning, early and this
- 3:02Speaker 2: is good news to start your Tuesday. Okay, I wanted
- 3:04Speaker 2: to start with something happy, not massive news, but it's
- 3:08Speaker 2: just a little sign, a little nice piece of information
- 3:11Speaker 2: for you. Early stage angel investment. This is for small
- 3:15Speaker 2: startup businesses in New Zealand for the first time is
- 3:17Speaker 2: seeing positive growth. First time. Sin's twenty twenty one that
- 3:21Speaker 2: they have seen positive growth in early stage angel investment.
- 3:25Speaker 2: This is good. This is where great things begin. So
- 3:28Speaker 2: new deals attracted eight point six percent more capital overall.
- 3:32Speaker 2: Now the amount we're talking about, as I warned you,
- 3:35Speaker 2: not massive. It's just over thirteen million dollars. But then
- 3:38Speaker 2: they are small startups, aren't they, So they don't need
- 3:41Speaker 2: much and checks might be smaller. But more companies are
- 3:45Speaker 2: getting seated, and they reckon that the investors are holding
- 3:48Speaker 2: back for the second round hoping that they do well.
- 3:50Speaker 2: So that is good news for you, bad news because
- 3:53Speaker 2: there's always a double ed sword and you kind of
- 3:57Speaker 2: know this already. But yesterday B and Z came out
- 3:59Speaker 2: with their predictions for what the Reserve Bank is going
- 4:02Speaker 2: to do next week when they have their first OCR
- 4:05Speaker 2: review of the year, and surprise, surprise, they are saying
- 4:09Speaker 2: they will probably lift in September, so they'll hold next month,
- 4:14Speaker 2: lived in September, But they won't tell you that that's
- 4:16Speaker 2: what they're going to do because of what happened last
- 4:18Speaker 2: time where they said, yeah, we're gonna we're gonna lower
- 4:22Speaker 2: the rate, but then we're probably going to increase it
- 4:25Speaker 2: again later and everyone went, well, hang on, that undoes
- 4:29Speaker 2: undoes everything that you've just done. So they're not going
- 4:32Speaker 2: to make that mistake again, predicts B and Z. By
- 4:34Speaker 2: the way, the OCR, if you haven't caught up two
- 4:36Speaker 2: point two five percent at the moment, and the market's
- 4:40Speaker 2: pricing in a seventy five percent chance of a jump
- 4:44Speaker 2: by September. That would take us to two and a
- 4:46Speaker 2: half percent. Time is eleven after five, Brian, I'm fascinated
- 4:51Speaker 2: by the story out of America. You know Annie Guthrie,
- 4:54Speaker 2: who's a very famous newsreader, morning news TV presenter in
- 4:59Speaker 2: America and gets kidnapped in the middle of the night,
- 5:02Speaker 2: seven now, eight days on. How do they not know
- 5:05Speaker 2: anything about where she is, where she's gone. There's no cars,
- 5:10Speaker 2: there's no suspects. I'll running through those details shortly eleven
- 5:14Speaker 2: after five, The.
- 5:16Speaker 1: News you need this morning and the in depth analysis
- 5:19Speaker 1: early edition with Ryan Bridge and one Root Love Where
- 5:23Speaker 1: you Live News Talks.
- 5:24Speaker 2: That'd be just before six News Talks AB it's thirteen
- 5:27Speaker 2: minutes after five, just before six, we will talk about
- 5:29Speaker 2: this new al terminal that the government announced yesterday. If
- 5:33Speaker 2: you didn't catch the press conference, there was a lot
- 5:35Speaker 2: of this talk is type of talk coming from the
- 5:37Speaker 2: Prime Minister.
- 5:38Speaker 6: And as a result, and so it's an and and.
- 5:43Speaker 2: Yeah, it's an and and and result that we're getting
- 5:47Speaker 2: apparently out of this LNG terminal in Tantanhago that.
- 5:50Speaker 7: Will be subject to commercial negotion negation which is underway.
- 5:55Speaker 3: But you're looking at north of a billion dollars okay,
- 5:57Speaker 3: four four.
- 5:59Speaker 4: And fifty million, and savings a year, sorry, savings in
- 6:03Speaker 4: terms of net savings, so that is benefits are less.
- 6:07Speaker 4: Costs in the region are two hundred and seventy five
- 6:09Speaker 4: million dollars.
- 6:09Speaker 2: Now we're not quite sure about that number. That was
- 6:12Speaker 2: Simon Watt's Energy minister. We're not quite sure about that
- 6:14Speaker 2: number because it's all based on advice and advice courses
- 6:18Speaker 2: often not that reliable. We'll talk to John Carnegie, whose
- 6:21Speaker 2: energy resources are tore to are after just before six
- 6:24Speaker 2: o'clock this morning.
- 6:25Speaker 1: Bryan Bridge.
- 6:27Speaker 2: First, though, the government signed a new standards agreement with Australia.
- 6:30Speaker 2: It covers areas like AI, data management and cybersecurity. Scott
- 6:34Speaker 2: Simpson did this. He's our Commerce and Consumer Affairs Minister.
- 6:39Speaker 2: He says it's going to lower costs for businesses. Brad
- 6:41Speaker 2: Olson Informetrics with us this morning. Hey Brad, good morning,
- 6:45Speaker 2: what is it? What is this thing?
- 6:48Speaker 5: Well, it's effectively making sure that all of this sort
- 6:51Speaker 5: of real base level standards. So the various things that
- 6:54Speaker 5: businesses have to do when they're operating in either New
- 6:57Speaker 5: Zealand or Australia are aligned. So if you're you know,
- 7:00Speaker 5: someone who's offering services or try and offer services in
- 7:03Speaker 5: both countries, you don't want to have to fill out
- 7:05Speaker 5: two sets of paperwork and sort of conform to two
- 7:08Speaker 5: different standards to do effectively the same work. We're so
- 7:11Speaker 5: close with Australia. They are one of our biggest trading partners,
- 7:14Speaker 5: certainly in the services industry, and so effectively this is
- 7:18Speaker 5: meant to allow a lot of businesses who do with
- 7:20Speaker 5: trans Tasmin to do that a whole lot more efficiently. Whereas,
- 7:24Speaker 5: and this is the challenge that we continue to hear
- 7:26Speaker 5: from businesses otherwise sort of start doing all that paperwork.
- 7:30Speaker 5: They're trying to sort of figure out how they do
- 7:31Speaker 5: the base stuff. They don't actually have the time to
- 7:33Speaker 5: do actual work and then make money. So this is
- 7:36Speaker 5: a good move. It's not something that I don't think
- 7:38Speaker 5: consumers are going to notice a whole lot. They're not
- 7:40Speaker 5: going to be looking at ENZ Standard three zero one
- 7:42Speaker 5: eighty five, but it's going to make a difference to
- 7:45Speaker 5: businesses not having all that admin to do in the background.
- 7:48Speaker 2: Which way does more business go trans tasmin wise from
- 7:52Speaker 2: US to them or them to us.
- 7:55Speaker 5: Looking at services activity, the Australia is the second largest
- 8:02Speaker 5: export or area that we export our services too, so
- 8:05Speaker 5: we send services over there now that includes things like
- 8:07Speaker 5: tourism as well. And it's a little bit tricky on
- 8:09Speaker 5: the services side to break down other bits and pieces,
- 8:13Speaker 5: but in terms of overall trade they're sort of second
- 8:15Speaker 5: or third largest after China and the US, so they
- 8:19Speaker 5: are vitally important. And I think the other big reason
- 8:23Speaker 5: that these sort of changes make such a difference is
- 8:25Speaker 5: because we've obviously seen such a big flow of New
- 8:28Speaker 5: Zealanders who go across to Australia and they sort of
- 8:30Speaker 5: often take their skills at points in the past, maybe
- 8:33Speaker 5: not so much at the moment, but they do often
- 8:35Speaker 5: then come back or you know, have families back in
- 8:38Speaker 5: New Zealand and the like. So there is some real
- 8:41Speaker 5: importance here and some of the areas that the government
- 8:44Speaker 5: are noting they should make a bit of a difference
- 8:47Speaker 5: under the hood for a lot of businesses. You know,
- 8:49Speaker 5: you're talking about the likes of electrical installations, you're looking
- 8:53Speaker 5: at civil engineering, you know, parts around building design and construction,
- 8:57Speaker 5: And probably the biggest one is that there's actually twenty
- 8:59Speaker 5: four standards that previously we had in certain areas that
- 9:03Speaker 5: we sort of got out of kilter. The Aussies went
- 9:05Speaker 5: one way, we'd gone another, and so again you're probably
- 9:07Speaker 5: having businesses out there that are effectively having to employ
- 9:10Speaker 5: a whole other person just to sort out the paperwork
- 9:12Speaker 5: on this stuff. Now at least they'll be a little
- 9:15Speaker 5: bit more aligned. And look, talking of businesses, there's a
- 9:17Speaker 5: whole lot of stuff they want to do more, better, faster, stronger,
- 9:20Speaker 5: But these sort of things they are the I guess
- 9:23Speaker 5: that the main app below the surface issue that if
- 9:26Speaker 5: you don't get them right, they're just such an immediate
- 9:27Speaker 5: barrier to a lot of businesses. Oftentimes people go, it's
- 9:30Speaker 5: not worth it to do that work. So this should
- 9:32Speaker 5: free up a lot of capacity across the system as
- 9:34Speaker 5: we go forward.
- 9:35Speaker 2: All right, Brad, appreciate that update this morning, Brad Elson Informetrics.
- 9:38Speaker 2: It is eighteen minutes half five, Ryan Bridge, Ryan bad bunny.
- 9:44Speaker 2: You must be getting old if you don't know who
- 9:46Speaker 2: that is, And yeah, I mean I'm not that old, bust.
- 9:49Speaker 2: It must be getting a bit. But even Mackenzie, he's
- 9:52Speaker 2: a producer. She doesn't know and she's like just got
- 9:55Speaker 2: out of school A Kent's she doesn't know who he
- 9:58Speaker 2: is are it doesn't know much about him. Someone here
- 10:01Speaker 2: was saying it was most of it was pre filmed,
- 10:04Speaker 2: but it was a great show. Yeah, I mean into
- 10:07Speaker 2: each of their own I suppose, And you can I
- 10:09Speaker 2: guess it's halftime, so you can always just go make
- 10:12Speaker 2: a cup of tea, can't you. Eighteen minutes after five
- 10:14Speaker 2: News Talks AB did you hear about that couple that
- 10:16Speaker 2: found two hundred thousand dollars in cash in the roof
- 10:19Speaker 2: of their home and first thing they did was ring
- 10:22Speaker 2: the police. Now they want a bit of the money,
- 10:26Speaker 2: thank you very much, but they can't have it. We'll
- 10:28Speaker 2: speak to a former copp And lawyer.
- 10:29Speaker 1: Next, the first Word on the News of the Day
- 10:33Speaker 1: Early edition with Ryan Bridge and One Route Love Where
- 10:37Speaker 1: You Live, News.
- 10:38Speaker 2: Talks B News Talk SAIB. It's five twenty one over.
- 10:42Speaker 2: You might have heard about it this in America, but
- 10:44Speaker 2: they the American military started giving because they had such
- 10:49Speaker 2: a problem with soldiers coming home with PTSD. They started
- 10:52Speaker 2: giving and trialing MDMA treatments. For returning servicemen and women,
- 10:58Speaker 2: and actually turns out it is quite an effective medication.
- 11:02Speaker 2: The Australian government is just putting a whole bunch of
- 11:05Speaker 2: money into doing this. We'll talk to Donnal tomorrow, who's
- 11:07Speaker 2: our Australia correspondent to back Quarter to six, find out
- 11:11Speaker 2: exactly what they're doing there, whether we should maybe look
- 11:13Speaker 2: at doing something similar here if needs be. Bran brich
- 11:17Speaker 2: shaw I mentioned this earlier fascinating story about any Guthrie
- 11:21Speaker 2: over in the US. We're now and her mum, Nancy,
- 11:23Speaker 2: who's eighty four years old, who was kidnapped middle of
- 11:27Speaker 2: the night from her home and Tucson in Arizona, nice
- 11:31Speaker 2: little rural looking property just from the photos that you
- 11:34Speaker 2: can see of it. So we're now entering day eight
- 11:39Speaker 2: of her being kidnapped, and they have this is the FBI,
- 11:43Speaker 2: no suspects and no leads. How can you And it
- 11:47Speaker 2: just baffles the mind. And you know, with all the
- 11:50Speaker 2: modern technology and all the cameras, they don't even have
- 11:53Speaker 2: a vehicle of interest. Now the FBI was seen searching
- 11:58Speaker 2: any Guthrie's home. That's the daughter the newsreader, the famous
- 12:01Speaker 2: one from the Today Show over in America, seen searching
- 12:05Speaker 2: her home she lives about. Her house is about six
- 12:08Speaker 2: k's from her mum's house. January thirty, first taken in
- 12:14Speaker 2: the middle of the night. They suspect no vehicles identified.
- 12:18Speaker 2: Ransom note was sent to the media. It gave some
- 12:21Speaker 2: dates of pay us this amount by this date, etc.
- 12:25Speaker 2: Second date apparently to pay is coming up to day,
- 12:29Speaker 2: but they still have no idea where it's come from.
- 12:32Speaker 2: There was blood nancymer Nancy's blood was found in a
- 12:35Speaker 2: trail on the front porch, the front door. You know,
- 12:39Speaker 2: you have your doorbell and it has a ring camera
- 12:41Speaker 2: in it that was actually removed. That might have given
- 12:45Speaker 2: them some clothes that was gone. Nancy had a pacemaker,
- 12:49Speaker 2: And this part is fascinating too because you can't you
- 12:52Speaker 2: can't actually use a pacemaker, although it's a technological device.
- 12:56Speaker 2: You can't track a person using a pacemaker, but you
- 13:00Speaker 2: can tell a few other things about them, including obviously
- 13:03Speaker 2: their heart activity. And you remember the actor Gene Hackman
- 13:07Speaker 2: who died and everyone was sort of baffling for a while,
- 13:11Speaker 2: and they used his pacemaker to figure out that he
- 13:14Speaker 2: died ten days before they found his body. So they're
- 13:19Speaker 2: using the pacemaker to try and figure out, you know,
- 13:21Speaker 2: what was her heart rate like, what was her heart
- 13:23Speaker 2: activity like, But they can't actually track her using the pacemaker.
- 13:29Speaker 2: Forgive me, I Savannah Guthrie is her name. I've confused
- 13:32Speaker 2: her with the sister that's the news reader, but the
- 13:35Speaker 2: mom is Nancy. Someone's just texting to clarify. I appreciate
- 13:39Speaker 2: that so baffling that they still have no idea. Well,
- 13:43Speaker 2: at least they're not telling us that they have any
- 13:46Speaker 2: clues into where the eighty four year old Nancy is.
- 13:50Speaker 2: Twenty four minutes after five, News Talks, aid B, I'll
- 13:53Speaker 2: run you through the Alleen g terminal decision when we
- 13:57Speaker 2: come back. You're on news Talk SEB. By the way,
- 14:00Speaker 2: we won't be talking to the former police officer come
- 14:02Speaker 2: lawyer about the two hundred thousand dollars found in this selling,
- 14:06Speaker 2: but we may bring you some more detail on that
- 14:08Speaker 2: afternoons at five point thirty the.
- 14:11Speaker 1: Early Edition Full show podcast on Irradio Power by News.
- 14:15Speaker 2: Talks ATV five twenty six. This government's running into similar problems.
- 14:20Speaker 2: I reckon is to send us one did on energy.
- 14:22Speaker 2: They're getting too much advice, official advice, and too many reports.
- 14:27Speaker 2: The problem when you ask the experts for advice on
- 14:29Speaker 2: every thought that pops into your head is that they
- 14:32Speaker 2: tend to agree with it, and if they don't, you
- 14:34Speaker 2: tend to ignore them. And what does that tell you
- 14:37Speaker 2: about the need for the advice in the first place.
- 14:39Speaker 2: The latest case in point is this alng terminal in
- 14:42Speaker 2: Tartanaki billion bucks. They reckon it's going to cost we'll
- 14:45Speaker 2: all be paying a levy on our power bills to
- 14:47Speaker 2: fund it, though they reckon we'll save in the long run.
- 14:50Speaker 2: Big announcement at the Beehive Theater at yesterday and the
- 14:53Speaker 2: official advice from MB and the rest was that this
- 14:57Speaker 2: is the way to go. This will save us all
- 14:59Speaker 2: on our bridge apparently fifty bucks a year on electricity
- 15:04Speaker 2: if we're lucky. Because remember, as with all advice, there
- 15:07Speaker 2: are caveats. The caveats are depends on this, depends on that.
- 15:11Speaker 2: So we've got an announcement. We hope for the best,
- 15:14Speaker 2: and this thing will be built. Come hallo high water
- 15:16Speaker 2: bar a change in government. By twenty twenty seven, when
- 15:20Speaker 2: the wind don't blow and the sun don't shine, we
- 15:22Speaker 2: will import along and keep the lights on. That's the theory.
- 15:25Speaker 2: But last year we had the Frontier Economics report, same issue,
- 15:29Speaker 2: different set of advisors. They were an independent global consultancy
- 15:33Speaker 2: crowd looking at the wider market. What they said about
- 15:36Speaker 2: ALNG was quite different. They told us it would basically
- 15:40Speaker 2: be a dumb idea to build an import terminal because
- 15:42Speaker 2: you've got a massive fixed cost that you then spread
- 15:46Speaker 2: over a relatively small amount of output because you're only
- 15:49Speaker 2: using this as a backup, and you can't sell an
- 15:52Speaker 2: ALNG terminal once you've finished with it and you have
- 15:56Speaker 2: no need for it anymore. These particular advisors made the
- 15:59Speaker 2: point it's quite a specific piece of kit, isn't It
- 16:02Speaker 2: could well turn into one of this country's biggest white
- 16:05Speaker 2: elephant investments. Yet here we are less than a year later,
- 16:10Speaker 2: with a different set of advice and a different plan.
- 16:15Speaker 2: There's no doubt the country needs a plan to deal
- 16:18Speaker 2: with energy security. Everyone knows that. But depending on who
- 16:21Speaker 2: you ask, this is either brilliant or batshit. Bryan Bridge,
- 16:27Speaker 2: it is twenty eight minutes after five. I mentioned earlier
- 16:30Speaker 2: about the Scottish labor leader who's saying Starma needs to
- 16:33Speaker 2: go because the whole Mandelson issues become a distraction. Well,
- 16:37Speaker 2: there's two reasons to maybe take what he says with
- 16:41Speaker 2: the grain of salt. One is that he has himself
- 16:44Speaker 2: said he used to he was an old mate of Mandelssyn's,
- 16:48Speaker 2: so I mean, go figure, would he not have appointed
- 16:51Speaker 2: him to the same job. The other reason is that
- 16:54Speaker 2: he's got an election coming up in May, and certainly
- 16:58Speaker 2: the tenor of the question that he was being this
- 17:01Speaker 2: is Arnus Sawa, the Scottish Labor Leader. The tenor of
- 17:05Speaker 2: the questions was, are you sure you're not just butt
- 17:07Speaker 2: covering here in case you lose that election and you
- 17:11Speaker 2: need someone that you had that you could blame for
- 17:13Speaker 2: that loss. A starmer getting in the way. So a
- 17:17Speaker 2: couple of reasons to be a little skeptical and maybe
- 17:20Speaker 2: not quite the drama that we thought it might be
- 17:23Speaker 2: with the Scottish Labor Leader this morning, coming up to
- 17:27Speaker 2: half pass to our Ossie Corry.
- 17:30Speaker 8: Next you're in.
- 17:36Speaker 1: Get Ahead of the Headlines on early edition with Ryan
- 17:40Speaker 1: Bridge and one roof Love.
- 17:42Speaker 2: Where you live used talks, it'd be pretty far away
- 17:49Speaker 2: from the six News talks. It'd be on your Tuesday morning.
- 17:52Speaker 2: Great to have your company. We'll speak to Donald tomorrow
- 17:54Speaker 2: out of Australia shortly. Also, energy was also zelted or
- 17:57Speaker 2: on this LNG terminal in Taranaki that we will hope
- 18:00Speaker 2: to have by twenty twenty seven. Lots of feedback on this,
- 18:03Speaker 2: Mike says, morning, Ryan, How on earth are we going
- 18:05Speaker 2: to build this terminal before twenty twenty seven when it's
- 18:08Speaker 2: taken three years to do a widening of a motorway
- 18:11Speaker 2: exercise near Drury in Oakland? Good point, But this from
- 18:16Speaker 2: another text at Ryan, I work for a big gas
- 18:19Speaker 2: company that has been part of this ALERNG process, and
- 18:22Speaker 2: so much work has already gone into the project. Yes,
- 18:25Speaker 2: there is a risk, but isn't it worth it if
- 18:28Speaker 2: it gives energy security over winter months and leads to
- 18:31Speaker 2: savings for each household? Yeah? That I mean, that is
- 18:34Speaker 2: definitely the argument for it. And if you look at
- 18:36Speaker 2: Labour's solution, labor solution was basically Lake Onslow, which was
- 18:41Speaker 2: somewhere between eight they weren't quite sure, but somewhere between
- 18:44Speaker 2: eight and potentially as much as twenty eight billion dollars
- 18:48Speaker 2: to do Lake Onslow, and the timeframe to build it
- 18:51Speaker 2: was seven to nine years twenty three to six in
- 18:54Speaker 2: bread Brech go to our reporters color and to need morning, Colum.
- 18:58Speaker 4: Morning.
- 18:58Speaker 2: Right now, this new dialysis unit in south and sounds
- 19:01Speaker 2: like good news, Yes it is.
- 19:03Speaker 7: It's a new purpose built unit at open yesterday at
- 19:06Speaker 7: Invercargo's Southern Hospital and what it offers is five treatment
- 19:10Speaker 7: spaces for outpatients and eligible in patients along with the
- 19:14Speaker 7: dedicated area for dialysis training and follow up care. The
- 19:18Speaker 7: Health Minister, Simeon Brown says the facility marks a major
- 19:21Speaker 7: step forward for renal care in the South and he
- 19:23Speaker 7: says many southend Is up until now have had to
- 19:26Speaker 7: travel to Dunedin three times a week for dialysis up
- 19:30Speaker 7: until now, so those days are gone. This new unit
- 19:34Speaker 7: increases patient capacity from two chairs to five. It supports
- 19:37Speaker 7: six to eight patients weekly. The numbers are expected to
- 19:39Speaker 7: grow ryan over the next six months.
- 19:41Speaker 2: All right, how's your weather.
- 19:44Speaker 7: Both for in Vicargol and Andeede An occasional rain possibly
- 19:47Speaker 7: heavy this afternoon in Cargo twenty one and twenty.
- 19:50Speaker 2: Two today, nice one, cheers Callum and clear and christ
- 19:53Speaker 2: this morning.
- 19:53Speaker 9: Claire, good morning.
- 19:54Speaker 2: Hey, what's going on in the central city.
- 19:57Speaker 10: Yeah, we've got a police guard in place outside April
- 20:00Speaker 10: on Fitzgerald Avenue. Police were called to a block of
- 20:03Speaker 10: flats there just south of the Beeley Avenue intersection. Just
- 20:06Speaker 10: after midday yesterday, a man was found at the scene
- 20:09Speaker 10: in a critical condition. Initial reports suggests one person was
- 20:13Speaker 10: taken into custody. There are also reports a rubbish truck
- 20:16Speaker 10: driver was seen doing first aid on a man lying
- 20:19Speaker 10: out the front of the property. Detective Sergeant Caroline Johnson
- 20:23Speaker 10: says police do have increased visibility in the area overnight
- 20:27Speaker 10: and today while a scene examination is continuing. She does
- 20:30Speaker 10: say there's no indication of any ongoing risk to the
- 20:33Speaker 10: wider public.
- 20:34Speaker 2: All right, and how's your weather.
- 20:36Speaker 10: A bit of cloud about this morning, but clearing to
- 20:37Speaker 10: mainly fine, A bit of passing high cloud northeasterly's turning
- 20:41Speaker 10: northwest late and the high should be twenty seven.
- 20:44Speaker 2: Thank you, Claire. Morning Max, Good morning. Andrew Little's had
- 20:47Speaker 2: his meeting with the PM.
- 20:49Speaker 10: What do we know?
- 20:50Speaker 6: Yeah, he met with Chris Luxan last night. It seems
- 20:54Speaker 6: Andrew Little did get his wish that the government will
- 20:56Speaker 6: initiate an independent requiry regarding the awful sewage leakun Wastewater
- 21:01Speaker 6: Treatment plant debacle. Remediation work at the plant won't even
- 21:05Speaker 6: start for a few weeks. They're still cleaning the things
- 21:07Speaker 6: they can get in there and look at what went wrong.
- 21:10Speaker 2: What did go wrong?
- 21:11Speaker 6: Apparently, Yeah, we need an investigation to really dig into
- 21:13Speaker 6: it because we still have no real idea why this
- 21:16Speaker 6: plant stopped working and tens of millions of liters of
- 21:19Speaker 6: the rural sewage flowed into the sea for several days
- 21:22Speaker 6: in a row. Also important, says Andrew Little, is making
- 21:25Speaker 6: sure the council looks after people on the south coast
- 21:27Speaker 6: odor minimizing measures. Apparently, public health information being distributed regularly.
- 21:33Speaker 6: No update on Polyduo, which you covered yesterday. It does
- 21:37Speaker 6: seem though that the overflow there has stopped. The teams
- 21:39Speaker 6: are still monitoring the site along manor Esplanade. All right,
- 21:43Speaker 6: how's your weather mostly find strong and northern least twenty
- 21:46Speaker 6: one okay.
- 21:47Speaker 2: Max, thank you and neighbors and Auckland morning.
- 21:49Speaker 9: Now, good morning.
- 21:50Speaker 2: You have a South Auckland Business Association who says, surprise, surprise,
- 21:55Speaker 2: Auckland Transport's got too many regulations.
- 21:57Speaker 11: Well, that's right, and delaying the installation of CCTV cameras. Now,
- 22:02Speaker 11: the witty business association claims, look these at rules. Uh,
- 22:06Speaker 11: this is around encroachment on roads. Which means a process
- 22:10Speaker 11: used to take days now takes months. So Gary Holmes,
- 22:14Speaker 11: he's the general manager, saying that there's a lot of
- 22:16Speaker 11: technical reports that need to be carried out. He says, look,
- 22:19Speaker 11: there's a particular camera which has been delayed for months,
- 22:22Speaker 11: and Homes says they want to target a specific intersection
- 22:25Speaker 11: there in Witty which sees burnouts from boy races. So
- 22:28Speaker 11: a bit frustrating for those guys. Delay delay, delay, Yeah, and.
- 22:31Speaker 2: What's the delay? Why are they being delayed? That just
- 22:34Speaker 2: computer says no type things.
- 22:35Speaker 11: I'm not sure about that. I mean we are news
- 22:37Speaker 11: apparently has gone to AT because this is all to
- 22:40Speaker 11: do with.
- 22:40Speaker 2: AT, and for me, they'll do a statement terribly.
- 22:45Speaker 11: We're still waiting because I said, what's going on there? Well,
- 22:48Speaker 11: we have gone to AT. We're just waiting. Went oh yeah, okay,
- 22:52Speaker 11: don't hold your breath.
- 22:53Speaker 2: Do AT will Well? Wayne Brown would have blown AT
- 22:56Speaker 2: up before you get a response from the money. How's
- 22:59Speaker 2: that weather, Bartley?
- 23:00Speaker 9: Cloudy?
- 23:01Speaker 11: Still muggy? Twenty seven is a high here at Auckland.
- 23:03Speaker 2: Nice one, never thank you. It is nineteen minutes away
- 23:06Speaker 2: from six. Now we'll get to Donald Demo out of Australia.
- 23:08Speaker 1: Next International correspondence with Ends and Eye Insurance, Peace of
- 23:12Speaker 1: Mind for New Zealand Business six stand.
- 23:15Speaker 2: Away from sixth on Newstalk ZIB, we'll go to Donnadamayo,
- 23:18Speaker 2: our Australia correspondent. Donna, good morning, good morning to you.
- 23:22Speaker 2: Tell us about the money that's going to help veterans,
- 23:25Speaker 2: and this is the transition from military life to civilian
- 23:29Speaker 2: life and quite an interesting drug that they're looking at here.
- 23:34Speaker 12: They're going to spend seven hundred and thirty nine million dollars.
- 23:38Speaker 12: This is a huge package, a huge announcement and the
- 23:41Speaker 12: Department of Veteran Affairs says that it will fund quite
- 23:44Speaker 12: a number of different ideas and concepts and including funding
- 23:50Speaker 12: of medicinal cannabis but also psychedelic treatments such as MDMA
- 23:56Speaker 12: treatments and combined with intensive psychotherapy. And they want to
- 24:01Speaker 12: help veterans who are suffering with PTSD. So these other offerings,
- 24:08Speaker 12: I suppose it will include yoga and they'll be serf therapy,
- 24:13Speaker 12: they'll be cooking lessons apparently and short courses. I'm not
- 24:16Speaker 12: sure exactly what in but they also may develop other
- 24:21Speaker 12: modern treatments, so very interesting to hear what they might
- 24:25Speaker 12: develop with that.
- 24:27Speaker 8: Quite a hefty sum of money.
- 24:29Speaker 12: Now, this is in response to a Royal Commission into
- 24:31Speaker 12: Defense and Veterans suicide, and the commission found that better
- 24:35Speaker 12: support is desperately needed for service people who are transitioning
- 24:38Speaker 12: out of defense, and the department's chief psychiatrists actually said
- 24:43Speaker 12: that helping veterans find new purpose is what's actually quite
- 24:48Speaker 12: critical for them, and it's very important that these earlier
- 24:52Speaker 12: interventions are implemented and they're desperately needed before their conditions
- 24:58Speaker 12: deteriorate or even become chronic.
- 25:00Speaker 2: There's a hell of a lot of money, isn't that.
- 25:02Speaker 2: But as you say, it's one of those issues we've
- 25:05Speaker 2: spoken about before where it bubbles away and it bubbles away,
- 25:08Speaker 2: and no one wants to see the suicides that you
- 25:11Speaker 2: see within military families. So doing something.
- 25:14Speaker 12: About it absolutely absolutely, Yes, I mean to be commended in.
- 25:18Speaker 8: A way of course.
- 25:19Speaker 2: Yeah. Now tell us about that they're trying to help.
- 25:21Speaker 2: They are. Tell us about this investigation into conditions on
- 25:24Speaker 2: a luxury cruise liner in Darwin.
- 25:27Speaker 8: I found this fascinating. I hope you do too.
- 25:30Speaker 12: Investigators from the Australian Maritime Safety Authority.
- 25:32Speaker 8: Have boarded a luxury cruise ship. It's called the Carnival Encounter.
- 25:36Speaker 8: It's Doctor Darwin.
- 25:38Speaker 12: And we've heard via the ABC that the Maritime Union
- 25:41Speaker 12: of Australia says there've been reports.
- 25:43Speaker 8: From an anonymous crew member mind you on board.
- 25:46Speaker 12: These allegations are that workers are being forced to live
- 25:48Speaker 12: in overcrowded conditions below deck without safe drinking water. Now
- 25:54Speaker 12: I don't know, it's a bit of a human right
- 25:55Speaker 12: as far as I'm aware.
- 25:57Speaker 8: They are allowed.
- 25:59Speaker 12: To or they get access to safe water by buying it,
- 26:02Speaker 12: but wait for it, they're paid as little as two
- 26:05Speaker 12: dollars fifty.
- 26:06Speaker 8: An hour allegedly.
- 26:07Speaker 12: Now the Maritime Authority has confirmed it's now looking into
- 26:11Speaker 12: these claims related to workers welfare, and we've heard further
- 26:14Speaker 12: from a union spokesperson that over the last six months
- 26:17Speaker 12: there've been hundreds of complaints about this particular international cruise
- 26:22Speaker 12: line and workers have described horrifying conditions.
- 26:26Speaker 8: These allegations include crew.
- 26:27Speaker 12: Members forced to work despite suffering from serious illnesses. Now
- 26:32Speaker 12: the union is claiming the company uses a loophole to
- 26:35Speaker 12: employ foreign workers who are excluded from Australia's employment laws.
- 26:41Speaker 12: So interesting to hear what investigators find after they've boordered
- 26:45Speaker 12: that luxury cruise ship.
- 26:47Speaker 2: And thank you, Donna. Donald Demara, Australia Correspondent thirteen to six.
- 26:50Speaker 2: Ryan brig Government's given the all creator build and ling
- 26:53Speaker 2: import facility. This is to help with energy security in
- 26:56Speaker 2: the dry years. It will cost north of a billion dollars,
- 26:59Speaker 2: hopefully set up in tallahak you by next year or
- 27:02Speaker 2: early twenty twenty eight. John Carnegie is Energy Resources down
- 27:05Speaker 2: to at chieved executive with me this morning, John, Good morning, Yes,
- 27:08Speaker 2: good morning. Your thoughts on that?
- 27:10Speaker 13: Oh, well, look, we think it's a necessary dry year
- 27:13Speaker 13: insurance policy that's required because New Zealand actually faces a
- 27:17Speaker 13: massive fuel shortage with lower than anticipated domestic gas supply
- 27:22Speaker 13: and the constant risk of dry years.
- 27:26Speaker 2: Is the LNG terminal the right call, though, because that
- 27:28Speaker 2: Frontier Economics report last year said it could be basically
- 27:32Speaker 2: a white elephant. You've spent a billion bucks on this thing,
- 27:35Speaker 2: and then what do you do with it after?
- 27:38Speaker 13: Oh, look, there's obviously a large upfront infrastructure costs of this,
- 27:42Speaker 13: but officials have assured us all that this is going
- 27:47Speaker 13: to be more than offset by the downward pressure on
- 27:50Speaker 13: future wholesale electricity prices and are reduced and will reduce
- 27:55Speaker 13: the risk premium in our years. So what this investment
- 27:59Speaker 13: will affect we do is take the heat out of
- 28:01Speaker 13: the electricity market and lower peak prices compared to those
- 28:05Speaker 13: without the investment. And of course this is great news
- 28:08Speaker 13: for anyone who cares about our major industrials, our energy
- 28:12Speaker 13: intensive industries which will benefit from both moderated future electricity
- 28:17Speaker 13: prices in dry years and the potential availability of freed
- 28:20Speaker 13: up domestic domestic natural gas.
- 28:22Speaker 2: Will this stop the do you think will stop the
- 28:26Speaker 2: closures the plant closures?
- 28:28Speaker 13: Well, it will certainly contribute to doing that, you know,
- 28:33Speaker 13: It's certainly not a silver bullet, but it will take
- 28:38Speaker 13: some stress off while we work to bring more domestic
- 28:41Speaker 13: gas online in a medium term. And I think what
- 28:45Speaker 13: we know is that New Zealand's energy system will be
- 28:49Speaker 13: at its most effective when renewable generation and firming fuels
- 28:53Speaker 13: like energy and domestic natural gas actually work in harmony.
- 28:57Speaker 13: And we need to stop having binary good deth This
- 29:00Speaker 13: is bad conversations. All fuel options need to be on
- 29:03Speaker 13: the table.
- 29:04Speaker 2: John, Why don't your members pay for stuff like this?
- 29:07Speaker 2: Why do we users have to pay a levy?
- 29:12Speaker 13: Yeah, well, I mean, I think the key thing is
- 29:14Speaker 13: that it's the reason the crown has a role here
- 29:19Speaker 13: is an acknowledgment, due to the absence of cross party support,
- 29:24Speaker 13: that this vital investment wouldn't actually proceed without the Crown
- 29:28Speaker 13: taking a position to secure it. So, you know, it's
- 29:33Speaker 13: just a recognition that the market risk of an investor
- 29:37Speaker 13: to come in and invest a billion dollars with the
- 29:40Speaker 13: prospect that, however, many years later, it might become a
- 29:44Speaker 13: white elephant due to government policy settings just predicates the
- 29:50Speaker 13: needs of the ground to be involved.
- 29:51Speaker 2: But won't it. So you're saying, if because our politicians
- 29:54Speaker 2: can't agree on stuff, we're having to pay.
- 29:57Speaker 13: For it, well we'd have to pay for for it
- 30:00Speaker 13: anyway in all likelihood with our declining supply of domestic gas.
- 30:06Speaker 13: And what this what the crown's involvement is just to
- 30:11Speaker 13: bring it, to bring it forward, to provide the investor
- 30:14Speaker 13: with the eventual investor, with some comfort.
- 30:17Speaker 2: Is it not because does the government not have to
- 30:19Speaker 2: get involved because no private investor would do this because
- 30:23Speaker 2: it will become a white elephant because our energy security
- 30:26Speaker 2: problem is a medium term not a long term one.
- 30:29Speaker 13: Oh lookly, yeah, there are a lot of earth and
- 30:31Speaker 13: buts in their rhyme. As I said, I think what
- 30:35Speaker 13: we need is system.
- 30:37Speaker 2: Ji, can I ask you when as it stands, Yes,
- 30:41Speaker 2: I know that, But as it stands, how far do
- 30:43Speaker 2: we need to leap to to get you know, to
- 30:46Speaker 2: bridge this gap? How big is the gap? When will
- 30:48Speaker 2: we have enough energy security or do we just need
- 30:50Speaker 2: to keep adding and you know forever in the in
- 30:53Speaker 2: the day.
- 30:55Speaker 13: Well, I mean, the good news is that we're growing
- 30:59Speaker 13: our renewable base. But the issue was growing more renewables
- 31:03Speaker 13: such as wind and solar and batteries, is that their
- 31:06Speaker 13: growth also by definition exacerbates the problem of being too
- 31:10Speaker 13: weather depend them. So actually, what we do need is
- 31:12Speaker 13: a reliable fuel, and we will always need a reliable
- 31:16Speaker 13: fuel to fill the gaps which domestic and natural guests
- 31:20Speaker 13: previously filled. And you know, eventually we will get other fuels,
- 31:24Speaker 13: We will get biomass and biomethane and all the alternatives,
- 31:30Speaker 13: but at the moment it falls to domestic natural gas
- 31:36Speaker 13: and daring gen.
- 31:38Speaker 2: John, appreciate your time this morning, John Carnegie Energy Resources
- 31:40Speaker 2: are our chief executive. It's eight to six news talk,
- 31:43Speaker 2: said b.
- 31:45Speaker 1: On your radio and online on iHeartRadio Early Edition with
- 31:49Speaker 1: Ryan Bridge and One Route Love where You Live.
- 31:53Speaker 2: News talk s ed B five to six. Glain Maxwell
- 31:56Speaker 2: is going to appear before on virtually via video link
- 31:59Speaker 2: the Houseover Committee today on EPSTEIN, but we won't get
- 32:02Speaker 2: to see it. They might relex latest and footage. Anyway,
- 32:05Speaker 2: She's expected to deplete the fifth so they won't say much.
- 32:07Speaker 2: But this was they were talking about the Clinton's coming
- 32:11Speaker 2: in for a grilling, so they got her and for
- 32:13Speaker 2: a grilling about the Clinton's coming in for a grilling.
- 32:15Speaker 2: And now that Clintons have said they will come in,
- 32:16Speaker 2: so the whole thing seems to be a waste of time. Anyway, Mike,
- 32:19Speaker 2: good morning, greetings, How are we very well?
- 32:22Speaker 9: In a couple of questions for you around the LNG.
- 32:24Speaker 9: First of all, how's it taken us so long to
- 32:27Speaker 9: get here? Because you'll remember Simme and Brown when he
- 32:29Speaker 9: was the Energy Minister in the winter of twenty four
- 32:33Speaker 9: said I reckon we should do something about LNGM We
- 32:36Speaker 9: felt fair enough, why not? And so here we are
- 32:38Speaker 9: a year and a half, almost two years later, for
- 32:41Speaker 9: just what really is an announcement and nothing more than
- 32:43Speaker 9: that second second point. Second point is do you honestly
- 32:47Speaker 9: believe they can build a facility by next year.
- 32:49Speaker 2: Well that's what our texts is saying. This is not
- 32:52Speaker 2: a hope.
- 32:52Speaker 9: And I mean sure they're being sort of it already
- 32:55Speaker 9: there and they need to put a flag on top.
- 32:57Speaker 9: There is no way we're building something in this country
- 33:00Speaker 9: ambitious within a year.
- 33:02Speaker 2: But also and remembering them interim, we had the report
- 33:05Speaker 2: from Frontier Economics last which said the opposite said it
- 33:09Speaker 2: would be a white elephant, don't build it.
- 33:10Speaker 9: Next problem and it wasn't dealt with in the press
- 33:12Speaker 9: conference yesterday, yet again let down by the media of
- 33:15Speaker 9: this country. First question, you ask, if you're going to
- 33:18Speaker 9: build a facility that you're going to dip into the
- 33:21Speaker 9: LNG market periodically, just what level of availability is there
- 33:25Speaker 9: an LLERG Because one of the things you should know
- 33:27Speaker 9: about Australia, the Eastern Seaboard has a lot of trouble
- 33:30Speaker 9: with allergy getting it out of West Australia because the
- 33:32Speaker 9: West Australians are very keen on selling it to the
- 33:34Speaker 9: world at much higher prices than the Eastern Seaboard's prepared
- 33:37Speaker 9: to pay. So along comes New Zealand in the middle
- 33:40Speaker 9: of some dry winter and goes, hello, we want some Yeah, exactly,
- 33:43Speaker 9: they pay through the notes exactly. I mean, how much
- 33:46Speaker 9: are we paying for that if they work that out?
- 33:47Speaker 9: And of course the answer is they haven't, And how
- 33:49Speaker 9: much is it going to save us a dollar or
- 33:51Speaker 9: a week? That's the hopefully should everyone be paying for
- 33:55Speaker 9: it as post?
- 33:55Speaker 2: But then we can't just do nothing, can we? That?
- 33:57Speaker 9: Well, that's the point, because I I thought Huntley had
- 34:02Speaker 9: solved the problem, the deal they had done on Huntley
- 34:04Speaker 9: and Cole.
- 34:04Speaker 2: I was led to believe you've covered it. Apparently lots
- 34:07Speaker 2: of people that talk to about this this morning. Y good,
- 34:10Speaker 2: Have a great day everyone. Mike's with you next.
- 34:15Speaker 1: For more from Early Edition with Ryan Bridge, listen live
- 34:18Speaker 1: to News Talks it Be from five am weekdays, or
- 34:21Speaker 1: follow the podcast on iHeartRadio.