Latest / Early Edition with Ryan Bridge / Full Show Podcast: 23 January 2025

Transcript

Full Show Podcast: 23 January 2025 · Early Edition with Ryan Bridge

• 0:00
  Speaker 1: What start the day, informed, entertained and despires. My Head's
• 0:07
  Speaker 1: Early Edition with one room, make your property search simple,
• 0:11
  Speaker 1: used talk set B.
• 0:13
  Speaker 2: Good morning, Welcome to Early Edition. I'm Francisco Budkin filling
• 0:16
  Speaker 2: in for Ryan Bridge. He's going to be with you
• 0:17
  Speaker 2: at six for the Mike Hosking Breakfast Show this morning.
• 0:20
  Speaker 2: Good to have you with us. You're most welcome to
• 0:22
  Speaker 2: contact me anytime this morning. You can flict me a
• 0:24
  Speaker 2: text on ninety two ninety two, or you can email
• 0:27
  Speaker 2: me at Francesca at Newstalk, VIDB, dot co, dot MZ.
• 0:31
  Speaker 2: Coming up on the show, the Prime Minister is giving
• 0:33
  Speaker 2: his State of the Nation's speech today. We discuss what
• 0:36
  Speaker 2: we should expect and what does he need to deliver.
• 0:38
  Speaker 2: Construction is booming and Canterbury why, what's behind this good
• 0:42
  Speaker 2: news and can it last? Also this hour we get
• 0:45
  Speaker 2: our heads around the inflation figures and what it means
• 0:47
  Speaker 2: for twenty twenty.
• 0:48
  Speaker 1: Five the Agenda.
• 0:52
  Speaker 2: Prince Harry has settled the court case against the publisher
• 0:55
  Speaker 2: of The Sun newspaper NGN, the group owned by Rupert Murdoch,
• 0:59
  Speaker 2: has a pologized for intruding into his life between nineteen
• 1:02
  Speaker 2: ninety six and twenty eleven, and has agreed to pay
• 1:05
  Speaker 2: substantial damages.
• 1:07
  Speaker 3: This represents a vindication for the hundreds of other claimants
• 1:12
  Speaker 3: who were strong armed into settling without being able to
• 1:16
  Speaker 3: get to the truth of what was done to them.
• 1:19
  Speaker 2: The settlement avoids a High court trial that was set
• 1:21
  Speaker 2: to get underway yesterday. South Korea's impeached president has made
• 1:27
  Speaker 2: his first public appearance in court following his arrest last week.
• 1:30
  Speaker 2: He's denied allegations by a special forces unit commander that
• 1:34
  Speaker 2: he directly asked to have troops forcibly removed lawmakers from
• 1:38
  Speaker 2: parliament during his short lived declaration of martial law. While
• 1:42
  Speaker 2: his presidential powers have been suspended, the Constitutional Court has
• 1:46
  Speaker 2: until June to decide whether to reinstate or remove him.
• 1:50
  Speaker 2: The death toll in the Turkish ski resort fire has
• 1:53
  Speaker 2: increased to seventy six.
• 1:56
  Speaker 4: We smelt it. We went down relatively early, save relatively early,
• 2:01
  Speaker 4: because the alarm hadn't gone off. Two floors were probably
• 2:05
  Speaker 4: on fire. We were trying to get to the upper
• 2:07
  Speaker 4: floor and we couldn't. There was no fire department around anyway.
• 2:11
  Speaker 4: It took one to one and a half hours for
• 2:14
  Speaker 4: the fire department to come from below.
• 2:17
  Speaker 2: Nine people, including the hotel's owner, have been arrested as
• 2:20
  Speaker 2: the investigation into the cause of the fire continues, and
• 2:24
  Speaker 2: the Toyota Aqua has taken out the top spot as
• 2:26
  Speaker 2: the country's most stolen car for the third year in
• 2:29
  Speaker 2: a row, making up eight percent of all thefts. That
• 2:32
  Speaker 2: was closely followed by the Toyota Corolla and in the
• 2:35
  Speaker 2: Andita in second and third place. Vehicle theft occurred mostly
• 2:39
  Speaker 2: in our big cities, whereth Auckland and Canterbury taking the
• 2:42
  Speaker 2: top two places. According to AMI Insurance, all of.
• 2:46
  Speaker 1: The analysis, none, none of the nonsense. It's earlier this
• 2:50
  Speaker 1: year with one room. Make your property search symbol Newstalks dB.
• 2:55
  Speaker 2: It's nine past five. You know, I would really think
• 2:58
  Speaker 2: twice before buying a ticket to a music festival in
• 3:00
  Speaker 2: New Zealand at the moment. The festival circuit is really
• 3:03
  Speaker 2: struggling right now and in some cases people have been
• 3:06
  Speaker 2: left hanging. Splow Festival has taken a break this year.
• 3:09
  Speaker 2: Paradise City Rock Festival are refunding tickets after poor ticket sales.
• 3:13
  Speaker 2: Bay Dreams and Juicy Fest announced they would not be
• 3:17
  Speaker 2: returning in twenty twenty five. Juicy Fest the festival where
• 3:21
  Speaker 2: a man had his ear partially bitten off by gang
• 3:23
  Speaker 2: member last year, said their cancelation was a result of
• 3:26
  Speaker 2: an inability to obtain alcohol licenses. Bay Dreams said it
• 3:30
  Speaker 2: was struggling in the face of rising costs and attracting
• 3:33
  Speaker 2: international talent. The Timeless Summer Tour featuring Bonnie Tyler Boy
• 3:37
  Speaker 2: George Little Riverband in Starship was postponed recently rumor as
• 3:40
  Speaker 2: they too couldn't find a licensed venue, and the popular
• 3:44
  Speaker 2: Langway Festival in Auckland sold tickets to sixteen and seventeen
• 3:47
  Speaker 2: year olds, only to have them barred in December after
• 3:50
  Speaker 2: their application to admit younger patrons was rejected by the
• 3:53
  Speaker 2: Auckland District Licensing Committee due to concerns around security and
• 3:57
  Speaker 2: occurrence of preloading. Yea, eighteen year olds do that too. Unfortunately,
• 4:02
  Speaker 2: there are a lot of reasons why festivals are suffering
• 4:05
  Speaker 2: both here and across the Ditch. Times are tough, costs
• 4:08
  Speaker 2: have increased and artists charged more. But I think there's
• 4:10
  Speaker 2: something else going on here too. A reluctance from councils
• 4:14
  Speaker 2: and possibly the police to support gatherings where large groups
• 4:17
  Speaker 2: of people drink. Now this isn't a bad thing, but
• 4:21
  Speaker 2: not everyone loses an air at a festival. If we
• 4:24
  Speaker 2: want a vibrant music scene, something I appreciate, then promoters,
• 4:27
  Speaker 2: councils and police need to be talking constructively to find
• 4:30
  Speaker 2: compromises to make sure events can take place safely and successfully.
• 4:35
  Speaker 2: Christ Church, however, Good on You, is bucking the trend.
• 4:38
  Speaker 2: Not only is the Electric Avenue Music Festival, which is
• 4:41
  Speaker 2: taking place in Hagley Park next month, the most sought
• 4:44
  Speaker 2: after ticket in the country. At the moment, it's expanding
• 4:47
  Speaker 2: from one to two days. Sixty thousand people are expected.
• 4:51
  Speaker 2: It is set to become the biggest party in Australasia.
• 4:54
  Speaker 2: So good on christ Church and gee, I hope it
• 4:57
  Speaker 2: goes well. It needs to go well. But if you
• 5:00
  Speaker 2: spent your money on another festival and awaiting a refund,
• 5:03
  Speaker 2: my sympathies can hear your thoughts. You might be one
• 5:06
  Speaker 2: of those people who bought tickets and good faith and
• 5:09
  Speaker 2: are wondering if you're ever going to get to see
• 5:11
  Speaker 2: these bands. It is eleven past five. You're with News
• 5:15
  Speaker 2: Talks FB.
• 5:16
  Speaker 1: The latest from around the country and around the world.
• 5:19
  Speaker 1: Early edition with one room, Make your Property search simple.
• 5:23
  Speaker 2: News TALKSB thirteen past five. So it's a big day
• 5:28
  Speaker 2: for the Prime Minister today. He's delivering his State of
• 5:30
  Speaker 2: the Nation's speech in Auckland. It's his first major speech
• 5:33
  Speaker 2: to the year, where he'll be sharing his vision for
• 5:35
  Speaker 2: New Zealand and share the inside track on the government's
• 5:38
  Speaker 2: growth agenda. Former Senior Ministerial advisor for the National Party
• 5:42
  Speaker 2: and political commentator Bridget Morton is with me now. Thanks
• 5:44
  Speaker 2: for your time this morning, Bridget, good morning. First of all,
• 5:48
  Speaker 2: how big a deal actually is the State of the
• 5:50
  Speaker 2: Nation speech? Does anyone care?
• 5:53
  Speaker 5: I think you've got to be a bit realistic. They
• 5:55
  Speaker 5: are big set pieces for the year and a lot
• 5:57
  Speaker 5: of effort goes into them. But realistic, most people aren't
• 6:01
  Speaker 5: that much attention to all of the messages that are
• 6:04
  Speaker 5: in that speech.
• 6:05
  Speaker 2: What are you expecting to come out of it?
• 6:08
  Speaker 6: The economy?
• 6:09
  Speaker 5: The economy, the economy. Without a doubt, there's a big
• 6:12
  Speaker 5: focus this year by the government of economic growth. You've
• 6:16
  Speaker 5: seen that in the cabinet reshuffle, You've seen it in
• 6:19
  Speaker 5: the announcements and the media interviews given over the last
• 6:23
  Speaker 5: twenty four hours. I think you're going to be talking
• 6:25
  Speaker 5: about how they can get the New Zealand back out
• 6:28
  Speaker 5: of that recession, get employment back up, get you know,
• 6:33
  Speaker 5: retail spending, business confidence, all of those things happening. I
• 6:36
  Speaker 5: think that's going to be absolute focus today.
• 6:38
  Speaker 2: How much detail do you think we're going to get, Bregert,
• 6:40
  Speaker 2: Because we've heard from the Prime Minister and the Finance
• 6:44
  Speaker 2: Minister Nikola Willis. They're painting this lovely big picture narrative
• 6:48
  Speaker 2: at the moment, but we're not really getting down to
• 6:50
  Speaker 2: the nitty gritty or any detail or how we're going
• 6:52
  Speaker 2: to get there. Should we expect that today?
• 6:56
  Speaker 5: Not in the state of the nation. They are much
• 6:57
  Speaker 5: more about building that narrative out, that message about what
• 7:01
  Speaker 5: the year will look like, what the sort of aims are,
• 7:04
  Speaker 5: you know, so much more like a news resolution type
• 7:07
  Speaker 5: speech as opposed to the detail about how they get
• 7:10
  Speaker 5: to those goals.
• 7:11
  Speaker 7: There'll probably be.
• 7:11
  Speaker 5: A small announcement in there. It normally is something, but
• 7:15
  Speaker 5: for the most part is about setting the tone.
• 7:18
  Speaker 2: But no one sticks to the New year's resolutions, and you.
• 7:22
  Speaker 5: Already given up on yours.
• 7:24
  Speaker 2: I don't even bother anymore till about February, when I've
• 7:28
  Speaker 2: really thought about it long and hard. Okay, so maybe
• 7:32
  Speaker 2: alerttle bit of policy.
• 7:35
  Speaker 5: Yeah, I think so. But I think you'll hear some
• 7:36
  Speaker 5: of those things we've heard, you know, trade deals, you know,
• 7:40
  Speaker 5: how they can get rid of red tape in terms
• 7:43
  Speaker 5: of regulation, what they can do in terms of getting
• 7:46
  Speaker 5: business confidence and getting people back you know, spending. I
• 7:50
  Speaker 5: think you saw yesterday, you know, they were applauding the
• 7:53
  Speaker 5: fact that low inflation was staying relatively steady. So I
• 7:56
  Speaker 5: think you'll hear a lot of those messages coming through.
• 7:59
  Speaker 2: Is that enough? Do you think? Is that enough at
• 8:01
  Speaker 2: the moment, especially when we've had a recent poll which
• 8:03
  Speaker 2: has got you know, national dropping into the twenties.
• 8:08
  Speaker 5: Yeah, I think you've got to be careful here in
• 8:10
  Speaker 5: terms of you know, as you said that the State
• 8:12
  Speaker 5: of the Nation that is about setting the tone. I think,
• 8:14
  Speaker 5: without a doubt there'll be something in there that'll be
• 8:16
  Speaker 5: something new. But you've got to be realistic that they're
• 8:19
  Speaker 5: not going to dump out a whole lot of new
• 8:21
  Speaker 5: policy right at the beginning of the year, because, as
• 8:24
  Speaker 5: we've talked about, at the beginning, not that many people
• 8:26
  Speaker 5: are listening to all of the detail in the State
• 8:29
  Speaker 5: of the Nation speech.
• 8:31
  Speaker 2: Is the speech away for him to entice voters?
• 8:35
  Speaker 5: Oh, of course. I mean, at the end of the day,
• 8:38
  Speaker 5: he's a politician. He needs the popular vote to keep
• 8:40
  Speaker 5: him in, So everything's going to be about talking to
• 8:43
  Speaker 5: voters and about what they care about. We know in
• 8:46
  Speaker 5: recent polls that cost of living in the economy is
• 8:50
  Speaker 5: the biggest issue and that is something that the National
• 8:53
  Speaker 5: Party has really campaigned on. That be the right party
• 8:56
  Speaker 5: to really focus on those issues. So he's going to
• 8:59
  Speaker 5: continue demonst at what they've done today and what they're
• 9:02
  Speaker 5: planning on doing to get those two issues under control.
• 9:06
  Speaker 2: Bridget, thanks so much for your time today. Appreciated. That
• 9:09
  Speaker 2: was former Senior Ministerial Advisor of for the National Party
• 9:12
  Speaker 2: and political commentator Bridget Morton. What do you want to
• 9:15
  Speaker 2: hear from LUXM this morning? Is Bridget said, Look, this
• 9:17
  Speaker 2: is kind of once again another big picture, set the
• 9:21
  Speaker 2: tone for the year kind of speech. Oh what does
• 9:24
  Speaker 2: Luxan need to do to catch your attention? To impress you?
• 9:28
  Speaker 2: You can text on ninety two ninety two it is
• 9:32
  Speaker 2: a seventeen past five. You're with early edition to stay.
• 9:35
  Speaker 1: Ahead of the curve. Early edition with one roof, make
• 9:38
  Speaker 1: your property search simple news talk said, being.
• 9:43
  Speaker 2: Yes, you're with early edition. It is twenty past five. Right,
• 9:46
  Speaker 2: Construction in the South is booming, with one in five
• 9:49
  Speaker 2: new Zealand homes being built in Canterbury. In the past year,
• 9:52
  Speaker 2: sixy five hundred new homes were consented by Canterbury councils,
• 9:56
  Speaker 2: equating to nine point four homes per thousand residents, the
• 10:00
  Speaker 2: highest rate in the country. Canterbury is also the only
• 10:03
  Speaker 2: region still building more homes than before the COVID pandemic.
• 10:07
  Speaker 2: Construction analyst Mike Blackburn joins me, Now, thank you for.
• 10:10
  Speaker 6: Your time, Mike, Good morning, Francesca.
• 10:13
  Speaker 2: So why is Canterbury growing so much more than the
• 10:15
  Speaker 2: rest of the country.
• 10:17
  Speaker 6: Well, look, I think there's a number of combinations. Firstly,
• 10:23
  Speaker 6: following the extraordinary peak of building activity in twenty twenty
• 10:28
  Speaker 6: one and twenty twenty two, the building consent numbers across
• 10:32
  Speaker 6: the whole country declined significantly, and unfortunately for many other
• 10:39
  Speaker 6: parts of the country, building consent numbers are continuing to decline.
• 10:44
  Speaker 6: One of the reasons why Canterbury as a standout region
• 10:47
  Speaker 6: at the moment is that those numbers have plateaued and
• 10:49
  Speaker 6: an actual fact, the numbers that I've been tracking have
• 10:52
  Speaker 6: actually shown a slight increase over the last six months
• 10:57
  Speaker 6: or so. And the number one reason why can debris
• 11:00
  Speaker 6: has continued to do so well as primarily because of
• 11:04
  Speaker 6: internal migration. So that's people moving from other places in
• 11:08
  Speaker 6: New Zealand to Canterbury.
• 11:11
  Speaker 2: Well, why wouldn't you construction? I believed that construction costs
• 11:15
  Speaker 2: in Christy to the second highest in New Zealand. That
• 11:17
  Speaker 2: doesn't seem to be slowing things down.
• 11:20
  Speaker 6: Look, that's I'm not so convinced about that. Certainly, when
• 11:23
  Speaker 6: you look at the average price of a residential house
• 11:27
  Speaker 6: here in christ Church or sort of certainly the wider
• 11:30
  Speaker 6: Canterbury area, it's it's at around about seven hundred and
• 11:34
  Speaker 6: thirty thousand dollars and that's sort of significantly cheaper, you know,
• 11:38
  Speaker 6: twenty percent twenty five percent cheaper than a new house
• 11:43
  Speaker 6: in Auckland. And so I think that's another reason why
• 11:46
  Speaker 6: we are seeing people wanting to sort of move down
• 11:49
  Speaker 6: here is the fact that overall the economy in Canterbury
• 11:53
  Speaker 6: is actually pretty good. Jobs are relatively against the trend
• 11:59
  Speaker 6: of the rest of the country where we're seeing a
• 12:01
  Speaker 6: rise in unemployment. Jobs are still relatively plentiful here in
• 12:06
  Speaker 6: christ Church. Pay rates relatively on average with many of
• 12:10
  Speaker 6: our other largest cities, and of course this is the
• 12:12
  Speaker 6: reason why people are choosing to sort of relocate here
• 12:17
  Speaker 6: to Canterbury. If you can, if you don't have to
• 12:19
  Speaker 6: be tied to a desk in an Auckland or Hamilton,
• 12:23
  Speaker 6: and you can get a job down here in lovely Canterbury,
• 12:27
  Speaker 6: then it's a little bit like winning lotto.
• 12:31
  Speaker 2: So the number of consensus high. Are people actually buying
• 12:34
  Speaker 2: these homes? Is the demand there?
• 12:37
  Speaker 6: Yes? Yes, Look, I spent sort of all day long
• 12:40
  Speaker 6: talking to builders, developers realized that agents and they're saying that.
• 12:44
  Speaker 6: Certainly over the last six months, the telephone has started
• 12:48
  Speaker 6: to ring again. Sales inquiries are up again, just reinforcing
• 12:52
  Speaker 6: what I said about people moving in from other parts
• 12:55
  Speaker 6: of the country. They're also seeing that same sort of
• 12:58
  Speaker 6: level of demand from from people outside of Canterbury. So look,
• 13:03
  Speaker 6: relative to the number of dwellings that were being consented
• 13:07
  Speaker 6: a couple of years ago, year, the market is down.
• 13:10
  Speaker 6: But look, I think that Canterbury is very very well
• 13:13
  Speaker 6: placed to come out of the currents that have downturn
• 13:16
  Speaker 6: much much faster than the rest of the country. The
• 13:19
  Speaker 6: current building consent numbers reinforced that, and I'm really really
• 13:23
  Speaker 6: positive about the next couple of years for new house
• 13:26
  Speaker 6: construction here in Canterbury.
• 13:28
  Speaker 2: I was just about to say will it last?
• 13:31
  Speaker 6: Yeah, Look, look I think I think it will. I
• 13:33
  Speaker 6: mean population growth is that as the number one driver
• 13:36
  Speaker 6: for why we build new houses. Look, Selwyn has been
• 13:40
  Speaker 6: one of the fastest growing regions in New Zealand for
• 13:45
  Speaker 6: the last three or four years. There's a number of
• 13:48
  Speaker 6: combinations which sort of we need to build houses effectively.
• 13:53
  Speaker 6: You did mention before about the cost of construction. Obviously
• 13:56
  Speaker 6: a number of the changes that the government are proposing
• 13:59
  Speaker 6: to make it easier and cheaper to build houses will
• 14:01
  Speaker 6: go a long way farrest track. Land development has been
• 14:05
  Speaker 6: another key thing to make sure that we've got plenty
• 14:08
  Speaker 6: of land supply going forward. I think that certainly here
• 14:14
  Speaker 6: in Canterbury it's a very very popular place. House prices
• 14:17
  Speaker 6: are proportionately much much better. The economy's looking really, really good.
• 14:22
  Speaker 6: I think it's going to be a great couple of
• 14:25
  Speaker 6: years for building houses.
• 14:26
  Speaker 2: Mike, really nice to talk to you. That was Mike
• 14:28
  Speaker 2: Blackburn there. I don't worry about Australia. Head to christ Church, folks.
• 14:32
  Speaker 2: It is twenty four past five.
• 14:33
  Speaker 1: You're with early edition The Early Edition Full show podcast
• 14:36
  Speaker 1: on iHeartRadio powered by Newstalks at Me.
• 14:40
  Speaker 2: You're with Early Edition. It is twenty six past five
• 14:43
  Speaker 2: now I am so pleased to see that. New Zealand
• 14:45
  Speaker 2: Business Herald journalist Kate McNamara continues to write about the
• 14:48
  Speaker 2: woes in the ruapey Who district. Why because the rupey
• 14:51
  Speaker 2: Who region has been hit hard with indecision around two
• 14:54
  Speaker 2: ski fields, the sudden closure of the chateau two years ago,
• 14:57
  Speaker 2: followed by the loss of over two hundred jobs. Windstone's pump,
• 15:01
  Speaker 2: pulp and timber mills shut down late last year. The
• 15:04
  Speaker 2: region has taken a beating through no fault of their own. Yesterday,
• 15:08
  Speaker 2: macnamara focused on the issues surrounding the majestic Chateau Tongurero Hotel,
• 15:12
  Speaker 2: which has been sitting in a derelict state for two years.
• 15:16
  Speaker 2: It's a sad site at the base of lupey Who.
• 15:18
  Speaker 2: I don't know if you've seen it recently. A desolate chateau,
• 15:21
  Speaker 2: the golf course over growing an empty building surrounding it.
• 15:24
  Speaker 2: The area feels quietly paused in time, with no sense
• 15:28
  Speaker 2: of if and when it may spring back to life.
• 15:31
  Speaker 2: Fokobaba Holdings Limited, the company and the process of buying
• 15:33
  Speaker 2: the Fockapuba ski Field is keen to discuss the future
• 15:36
  Speaker 2: of the chateau with government officials. They're interested in taking
• 15:39
  Speaker 2: on historic shadow, reviving it, providing employment and increasing tourism,
• 15:44
  Speaker 2: offering some economic stability for the region. The problem is
• 15:48
  Speaker 2: no one is really interested in talking to them. As
• 15:50
  Speaker 2: we've learnt with the ski fields, this is a complicated
• 15:53
  Speaker 2: region that requires sensitive conversations between government, the Department of
• 15:56
  Speaker 2: Conversation EWI, and other stakeholders. It was a struggle to
• 16:00
  Speaker 2: find the consensus over the ski fields, with some preferring
• 16:03
  Speaker 2: the continuation of a not for profit organization such as
• 16:06
  Speaker 2: the previous operator ral, others preferring to hand things over
• 16:10
  Speaker 2: to private operators. Along the way, a lot of government
• 16:13
  Speaker 2: money was put into keeping the ski fields afloat until
• 16:17
  Speaker 2: it got to the point where the fields were too
• 16:19
  Speaker 2: expensive to fail, as was the prospect of closing them down,
• 16:23
  Speaker 2: removing all the structures from the mountain and returning it
• 16:25
  Speaker 2: to its natural state. Getting the chateau up and running
• 16:28
  Speaker 2: again is going to cost millions of dollars, but on
• 16:30
  Speaker 2: the right term, such as a thirty year lease and
• 16:32
  Speaker 2: a peppercorn rent WHL will be willing to make the investment.
• 16:36
  Speaker 2: They've also done the research into the earthquake strengthening which
• 16:39
  Speaker 2: needs to be done, and believe it is not as
• 16:41
  Speaker 2: extensive as previously suggested. Look, this might not be the
• 16:45
  Speaker 2: deal which makes everyone happy, but frankly I don't see
• 16:48
  Speaker 2: anyone else queuing up to give it a go, leaving
• 16:51
  Speaker 2: the chateau empty and decaying for years, possibly decades, at
• 16:54
  Speaker 2: the cost of around one hundred and fifty to two
• 16:56
  Speaker 2: hundred thousand dollars a month for maintenance. When a possible
• 17:00
  Speaker 2: solution sits on the table, this simply depressing. The government
• 17:04
  Speaker 2: needs to deal with the least termination agreement and pay
• 17:06
  Speaker 2: the previous operators, reopen expressions of interest and have some conversations.
• 17:11
  Speaker 2: Talking is almost always a good place to start, So
• 17:14
  Speaker 2: please take the call Lupe, who is an incredible part
• 17:18
  Speaker 2: of our country and one that deserves to be thriving.
• 17:22
  Speaker 1: News talks edbe give this.
• 17:24
  Speaker 2: Old majestic beauty a chance tear it down. Just don't
• 17:27
  Speaker 2: leave her leaking and sitting there in neglect. Keen to
• 17:29
  Speaker 2: hear your thoughts in text on ninety two ninety two
• 17:33
  Speaker 2: you're with early edition.
• 17:40
  Speaker 1: Fast News Fresh takes the first early edition with one root,
• 17:45
  Speaker 1: make your Property search a simple News talks EDB.
• 18:02
  Speaker 2: Good morning, this is early edition on news Storm ZV.
• 18:05
  Speaker 2: It is twenty three to six. I'm franchescribud Can filling
• 18:07
  Speaker 2: in for Ryan. He's going to be with you at
• 18:09
  Speaker 2: six this morning. Thanks for being with us. And the
• 18:11
  Speaker 2: next half hour we head to the US with twenty
• 18:13
  Speaker 2: two states are already stealing the Trump administration over plans
• 18:17
  Speaker 2: to change the highly controversial birthright citizenship rule. And before
• 18:20
  Speaker 2: the end of the hour, we've got a lot of
• 18:22
  Speaker 2: inflation figures yesterday, so we're going to get a bit
• 18:24
  Speaker 2: of understanding of what they mean for the year. And
• 18:26
  Speaker 2: one of the biggest drivers was rent, So we look
• 18:28
  Speaker 2: at the outlook for rent. Will it continue to rise?
• 18:32
  Speaker 2: Thank you so much for your feedback, Save Texas. Ay Francesca,
• 18:35
  Speaker 2: There's no way that sales pitch. Whatever convinced me to
• 18:38
  Speaker 2: move to christ Church, the weather is crap. We're off
• 18:41
  Speaker 2: to living the Gold Coast to new energy and vibe
• 18:44
  Speaker 2: they can vibe that cannot be replicated here. Well, I tried,
• 18:48
  Speaker 2: I tried. Steve Judy also texts to say the Chateau
• 18:51
  Speaker 2: is a key building in the history of New Zealand
• 18:53
  Speaker 2: early tourism and the THHC chain of hotels is part
• 18:56
  Speaker 2: of our heritage and one of our major industries. As
• 18:59
  Speaker 2: a build alone, it is commanding and unique. We don't
• 19:02
  Speaker 2: want to lose this old girl, a pioneer of tourism.
• 19:06
  Speaker 2: Thank you very much for the text. Keep the feedback coming.
• 19:10
  Speaker 2: You can text on ninety two ninety two news Talk
• 19:15
  Speaker 2: zebby righty home, let's head around the country and joining
• 19:19
  Speaker 2: us now from Dunedin as Callum Proctor and Dnedan residents
• 19:23
  Speaker 2: have got a little bit of a slap on the
• 19:24
  Speaker 2: wrist from the council over their poor recycling habits Callum.
• 19:29
  Speaker 8: Yes, yeah, we have.
• 19:30
  Speaker 9: The city councils taken to Facebook here who express its
• 19:32
  Speaker 9: frustration over the amount of contamination found in people's yellow
• 19:36
  Speaker 9: recycling bins over the break. They say that this contamination
• 19:41
  Speaker 9: increased markedly during December. Amongst the recycling they found food waste, nappies,
• 19:47
  Speaker 9: plastic bags, glass, unwashed products and other general rubbish. The
• 19:51
  Speaker 9: councils says it's disappointing to see the slip and quality
• 19:54
  Speaker 9: and as reminding people to download the curb side collection
• 19:57
  Speaker 9: app to check what can and cannot be recycled.
• 20:00
  Speaker 2: And in Eden's weather column.
• 20:02
  Speaker 9: I've got to change today fresh so esterly this afternoon
• 20:05
  Speaker 9: rain possibly heavy, eases to showers later the high twenty Thank.
• 20:09
  Speaker 2: You so much. And Claire Sherwood is and christ Church.
• 20:12
  Speaker 2: I've just been talking about christ Church Electric Avenue Music Festival.
• 20:16
  Speaker 2: There is a massive weightlist for tickets, but no more
• 20:19
  Speaker 2: tickets are going to be released. Claire. We need to stop.
• 20:21
  Speaker 10: Telling people how good it is here or they'll all
• 20:23
  Speaker 10: be moving. Francesca, there is a massive weightlist. There's about
• 20:27
  Speaker 10: seventy thousand people expected to be at Hagley Park next
• 20:31
  Speaker 10: month February twenty one. It's the first time Electric Avenue
• 20:34
  Speaker 10: has been a two day festival. There are though another
• 20:37
  Speaker 10: twenty thousand on the weightlist hoping for tickets. We've chased
• 20:41
  Speaker 10: up festival director Callum Mitchell. He says, well, demand is
• 20:45
  Speaker 10: incredible and they would love to increase the capacity. Their
• 20:48
  Speaker 10: focus right now is to ensure the attendees who have
• 20:51
  Speaker 10: already got their tickets have a really good experience, he says.
• 20:53
  Speaker 10: At the stage there are no firm plans to add
• 20:55
  Speaker 10: any other editions of the festival elsewhere either. Christ Church
• 20:59
  Speaker 10: in z is estimating this event brings in seven million
• 21:02
  Speaker 10: dollars to the local economy.
• 21:04
  Speaker 2: My son's supposed to be getting ready to go to
• 21:06
  Speaker 2: university in Canterbury and all he is doing is trying
• 21:08
  Speaker 2: to get tickets to this festival. Ah the weather today, Claire, early,
• 21:13
  Speaker 2: low cloud, a bit of fog possible, but otherwise should
• 21:15
  Speaker 2: be fine untilson rain this afternoon. The highest twenty five,
• 21:19
  Speaker 2: thanks Claire. Max toll is in Wellington and some good
• 21:21
  Speaker 2: news today MAX. Road deaths at a notable low.
• 21:25
  Speaker 11: Yeah, you may not believe it with the current quality
• 21:28
  Speaker 11: of driving on our roads, but the AA celebrating an
• 21:30
  Speaker 11: historic low number of deaths on Wellington's roads last year
• 21:35
  Speaker 11: six fatalities across the region. That's the lowest in at
• 21:38
  Speaker 11: least thirty four years, it says, at least I assume
• 21:41
  Speaker 11: because that's on record and not unique to Wellington. In fact,
• 21:44
  Speaker 11: there was the lowest per capita road toll across New
• 21:47
  Speaker 11: Zealand in a century. We may not have better drivers,
• 21:50
  Speaker 11: but we do have safer highways and more are to
• 21:53
  Speaker 11: open in the coming decade, more cameras as well more police.
• 21:57
  Speaker 11: These are all factors the road toll. Typically it does
• 22:00
  Speaker 11: fluctuate quite a bit year to year. But let's cross
• 22:04
  Speaker 11: our fingers and this proves not to be an anomaly.
• 22:07
  Speaker 2: And Wellington's weather today max.
• 22:09
  Speaker 11: Should be fine nor the least twenty two the high
• 22:11
  Speaker 11: central good to hear.
• 22:12
  Speaker 2: And joining me in the studio now is never Britty Manu,
• 22:15
  Speaker 2: an owner of the third most stolen car in New Zealand,
• 22:17
  Speaker 2: the nist and Tea. Did you nick yours?
• 22:20
  Speaker 12: I wish I had no, no, but yes I do
• 22:23
  Speaker 12: own a Nissentita and this is my seat Tita. You're
• 22:28
  Speaker 12: right for them to say you and your pronunciation. This
• 22:30
  Speaker 12: is my second second Missentita, because I have had My
• 22:34
  Speaker 12: previous one was stolen about eight years ago, used in
• 22:37
  Speaker 12: a ram raid ah terrible.
• 22:39
  Speaker 8: I was a victim. Victim.
• 22:42
  Speaker 2: Now, a state of the art electric boat is almost
• 22:45
  Speaker 2: ready to take passengers around Auckland Harbor.
• 22:46
  Speaker 12: For this is such a cool story, so full of
• 22:48
  Speaker 12: three sixties new it's a ten seater electric vessel, comedic.
• 22:52
  Speaker 12: Now it's going to be available for thrill rides. Thrill
• 22:55
  Speaker 12: rides around the harbor. Now this is from next week,
• 22:58
  Speaker 12: so we know we've got Auckland and three weekend coming up. Yay,
• 23:01
  Speaker 12: But this is happening from windsor spins out there or something.
• 23:04
  Speaker 2: Oh yeah, you can.
• 23:06
  Speaker 12: Well no, well, well that's thrill thrill rides. I don't
• 23:09
  Speaker 12: want to put words in their mouth, but I mean
• 23:11
  Speaker 12: that sounds pretty cool. I mean, just take your sea legs.
• 23:13
  Speaker 2: Are you good on boats?
• 23:14
  Speaker 12: You'd be good on boat.
• 23:15
  Speaker 2: I'm fine when i'm sailing. I'm not good on a
• 23:17
  Speaker 2: large boat and a swell.
• 23:19
  Speaker 12: Yeah, well I'm not good. I'm not even good on
• 23:20
  Speaker 12: the fairy. I can't even go on the ferry to
• 23:23
  Speaker 12: the Devonport.
• 23:23
  Speaker 2: And I can manage that, but not with you.
• 23:27
  Speaker 12: This is fully emission free. It uses the hydrofoiling technology.
• 23:32
  Speaker 12: So this is similar to what's used in America's cupboats
• 23:34
  Speaker 12: to help speed in efficiency.
• 23:37
  Speaker 1: Cool.
• 23:37
  Speaker 2: That's very cool.
• 23:38
  Speaker 12: So but we do know too that the boats make it.
• 23:40
  Speaker 12: Auckland startups if they're aiming to follow this up, because
• 23:42
  Speaker 12: this current one is ten seats with a nineteen meter,
• 23:46
  Speaker 12: one hundred passenger model or something, get that out.
• 23:49
  Speaker 2: There, getting this quiet, get it out of the fairies
• 23:51
  Speaker 2: out there. I love it. Auckland's weather today.
• 23:53
  Speaker 12: Cloudy, isolated showers becoming fine. This afternoon, still warm, muggy,
• 23:56
  Speaker 12: twenty fours a high.
• 23:57
  Speaker 2: Thank you so much for next We're off the US.
• 24:00
  Speaker 2: It is seventeen to six Newstorok's.
• 24:02
  Speaker 1: FB international correspondence with ends at Eye Insurance Peace of
• 24:08
  Speaker 1: Mind for New Zealand Business.
• 24:12
  Speaker 2: And Mitch McCann is with me now from the US. Mitch,
• 24:16
  Speaker 2: the birthright citizenship rule seems to be very controversial. I
• 24:21
  Speaker 2: can see that twenty two states are already suing the
• 24:24
  Speaker 2: administration over plans to bring this into action.
• 24:28
  Speaker 8: Yeah, that's right.
• 24:29
  Speaker 13: Good morning, Francisca from New York. This is extremely controversial.
• 24:32
  Speaker 13: Donald Trump is trying to end birthright citizenship here in
• 24:36
  Speaker 13: the United States. So if you are born in the
• 24:37
  Speaker 13: US at the moment, you automatically get citizenship and a
• 24:41
  Speaker 13: US passport. That's the way it's been for a very
• 24:43
  Speaker 13: very long time. Donald Trump is trying to change that
• 24:46
  Speaker 13: the people that are born with parents who are here illegally,
• 24:51
  Speaker 13: so he's part of his crackdown on illegal immigration. Now,
• 24:54
  Speaker 13: twenty two states have sued Donald Trump saying this is
• 24:57
  Speaker 13: illegal because of the fourteenth Amendment to the u US
• 25:00
  Speaker 13: Constitution that guarantees birthright citizenship. So this will take effect
• 25:05
  Speaker 13: in about twenty seven twenty eight days from now, although
• 25:08
  Speaker 13: it probably will be delayed as it's held up in
• 25:11
  Speaker 13: the couse. But this is just one of many measures
• 25:13
  Speaker 13: Donald Trump has enacted in terms of illegal immigration. So
• 25:17
  Speaker 13: if we look at some very quickly, He's declared a
• 25:20
  Speaker 13: border emergency at the southern border. He's changed laws which
• 25:25
  Speaker 13: mean that ICE agents, this is immigration enforcement agents can
• 25:29
  Speaker 13: make arrests or conduct raids now in places like hospitals
• 25:33
  Speaker 13: or churches or schools, whereas previously they weren't able to
• 25:37
  Speaker 13: do that. And in the last hour we have learned
• 25:40
  Speaker 13: that the US Justice Department has ordered prosecutors around the
• 25:43
  Speaker 13: country to investigate and prosecute law enforcement officials if they
• 25:48
  Speaker 13: refuse to enforce Donald Trump's new rules. So they'll be
• 25:52
  Speaker 13: keeping a close eye in all local police and law
• 25:54
  Speaker 13: enforcement agencies to make sure they're doing what Donald Trump's
• 25:57
  Speaker 13: telling them to do.
• 25:58
  Speaker 2: The match just quickly. You couldn't Dick Blast pounding the
• 26:02
  Speaker 2: stay Francisca.
• 26:03
  Speaker 13: It's so cold at the moment right now in New
• 26:05
  Speaker 13: York it is minus eight degrees celsius and it's lunchtime. Yeah,
• 26:09
  Speaker 13: it's cold, and it's particularly cold for some of these
• 26:11
  Speaker 13: states that aren't used to the caller weather places like Texas, Alabama, Georgia,
• 26:16
  Speaker 13: and Florida. More than one hundred and thirty thousand homes
• 26:19
  Speaker 13: in those states, as well as businesses, are without power
• 26:22
  Speaker 13: because it's freezing there as well. There is no escape.
• 26:25
  Speaker 13: The only warm weather, it seems, is where you are
• 26:28
  Speaker 13: back home.
• 26:29
  Speaker 2: Thank you so much much, nice to catch up with you.
• 26:31
  Speaker 2: That was Mitch McCann.
• 26:33
  Speaker 1: News Talk said b right.
• 26:36
  Speaker 2: Inflation has remained steady, increasing two point two percent in
• 26:40
  Speaker 2: the year to December, the same increase as the previous
• 26:42
  Speaker 2: September update. Quarterly inflation increased by point five percent. The
• 26:46
  Speaker 2: biggest driver was rent up four point two percent, accounting
• 26:50
  Speaker 2: for a fifth of the increase, followed by local authority
• 26:53
  Speaker 2: rates which are up twelve point two percent. Domestic non
• 26:57
  Speaker 2: tradable inflation increased by four point five percent, also driven
• 27:01
  Speaker 2: by rents. So a lot of numbers. What does it
• 27:03
  Speaker 2: all mean, we spect? Senior economist Satisa Renhood is with
• 27:07
  Speaker 2: me now. Thank you for your time this morning.
• 27:09
  Speaker 7: Good morning, Francesca.
• 27:11
  Speaker 2: Can you tell me what does the rise and non
• 27:13
  Speaker 2: tradable inflation mean.
• 27:15
  Speaker 7: What we've been seeing are some strong pressures in the
• 27:18
  Speaker 7: domestic economy. A lot of households have been feeling that.
• 27:21
  Speaker 7: The good news though, is that those pressures are coming off,
• 27:25
  Speaker 7: especially in areas like hospitality, and that means household should
• 27:28
  Speaker 7: like to see a little less pressure on their finances
• 27:31
  Speaker 7: this year.
• 27:31
  Speaker 2: Okay, so rent was a big driver of this increase.
• 27:34
  Speaker 2: Will we see that continue into the year?
• 27:37
  Speaker 7: I think we're likely to see a bit less pressure
• 27:39
  Speaker 7: on rents this year. We've seen population growth slow down
• 27:42
  Speaker 7: and big increase in the housings play over the past year,
• 27:45
  Speaker 7: and we're already hearing about reduced pressure on rents in
• 27:47
  Speaker 7: areas like Narrington, which often think big increases.
• 27:50
  Speaker 2: Okay, so we shouldn't be too concerned about rents rising
• 27:54
  Speaker 2: throughout twenty twenty five.
• 27:56
  Speaker 7: I think it's still a pretty important concern for a
• 27:58
  Speaker 7: lot of households. It's a big share of this spending,
• 28:00
  Speaker 7: but hopefully those increases that we see will be more
• 28:03
  Speaker 7: moderate over the coming year.
• 28:05
  Speaker 2: What else would households be thinking about heading into twenty
• 28:08
  Speaker 2: twenty five and what these numbers can tell us.
• 28:11
  Speaker 7: We've had a lot of pressure on households finances over
• 28:14
  Speaker 7: the last couple of years. That's been a big squeeze
• 28:17
  Speaker 7: on this spending. But what we're seeing now is a
• 28:19
  Speaker 7: much better contained inflation environment. It means that their paychecks
• 28:23
  Speaker 7: aren't going to be eroded at the same pace. This
• 28:25
  Speaker 7: will also be very important for the Reserve Bank.
• 28:28
  Speaker 2: Yes, so how does this impact a February o C
• 28:30
  Speaker 2: R cut?
• 28:32
  Speaker 7: With now that inflation that's very close to the RBS target,
• 28:35
  Speaker 7: the economy is still looking a bit soft. I think
• 28:37
  Speaker 7: put that together and it's a green light for another
• 28:40
  Speaker 7: big fifty basis point cut in February, and politely more
• 28:44
  Speaker 7: further rate cuts beyond that.
• 28:46
  Speaker 2: If we're looking further beyond that, what are you anticipating.
• 28:49
  Speaker 7: I think beyond February, we're likely to see probably a
• 28:52
  Speaker 7: twenty five basis point cut at each of the two
• 28:54
  Speaker 7: following meetings. That'll cash right down to three twenty five,
• 28:58
  Speaker 7: the lowest it's been in a long time.
• 29:00
  Speaker 2: So I suppose if you're if you're you've got a
• 29:02
  Speaker 2: mortgage out there, and maybe this year you've got a
• 29:04
  Speaker 2: chance to sort of refix that. Where would you seduce
• 29:07
  Speaker 2: that you kind of start thinking about that if you
• 29:10
  Speaker 2: wouldn't mind just you know, looking into your crystal ball
• 29:13
  Speaker 2: there citation.
• 29:14
  Speaker 7: I think it's a great time to re look at
• 29:16
  Speaker 7: where you're mortgage at that I can't say exactly what
• 29:18
  Speaker 7: a household could do, but we think the big drops
• 29:21
  Speaker 7: over the past year. So if you had fixed us
• 29:23
  Speaker 7: a one or two years a couple of years back,
• 29:25
  Speaker 7: you could see a mortgage rate that's now about one
• 29:27
  Speaker 7: hundred basis points world than when you look last fixed,
• 29:30
  Speaker 7: So that could be a big saving for your finances.
• 29:33
  Speaker 2: So when you look at all those inflation figures that
• 29:34
  Speaker 2: were released yesterday's Tish, how how are you feeling? How
• 29:39
  Speaker 2: positive are you feeling about twenty twenty five.
• 29:43
  Speaker 7: I think this is a really important and a really
• 29:45
  Speaker 7: positive development to the economic inflation that's contained me. We'll
• 29:49
  Speaker 7: see a less pressure on household's finances have really been
• 29:52
  Speaker 7: pressured over the last couple of years. But importantly the
• 29:55
  Speaker 7: related reduction and interest rate could put a lot of
• 29:58
  Speaker 7: money back in households back pock and that will also
• 30:01
  Speaker 7: be positive for economic birth and employment more broadly, as
• 30:04
  Speaker 7: we go through twenty twenty five, we.
• 30:06
  Speaker 2: Shall take that positivity. Satish, thank you very much for
• 30:08
  Speaker 2: your time this morning. That was Westpac senior economist Satish Ranchard.
• 30:12
  Speaker 2: It is eight to six. I just want to go
• 30:16
  Speaker 2: back to the text here. Thanks mis Francesca for a
• 30:18
  Speaker 2: raising awareness about the chateau and RuPay who area heads
• 30:21
  Speaker 2: need to be knocked together? Agree, The government really need
• 30:24
  Speaker 2: to solve the challenges you mentioned and bring opportunities for tourism,
• 30:27
  Speaker 2: jobs and prosperity back to the area so we can
• 30:29
  Speaker 2: enjoy our first national park. Yeah, and look, it's not
• 30:33
  Speaker 2: just this government. This has been the previous government as well,
• 30:36
  Speaker 2: made a total mess of sorting out the Skifield issue
• 30:39
  Speaker 2: as well. So I just really feel for that place.
• 30:42
  Speaker 2: It's just such a stunning part of the country and
• 30:45
  Speaker 2: it's been just very sad to see it slowly decline.
• 30:49
  Speaker 2: And I hate to use that word for the people
• 30:51
  Speaker 2: who live there and love it, but it would be
• 30:54
  Speaker 2: good to get some good news for the region. You're
• 30:57
  Speaker 2: with early addition.
• 31:00
  Speaker 1: Hard fags, hard opinions, Hard hitting news Talk said be
• 31:04
  Speaker 1: early edition with one roof make your property search symbol.
• 31:08
  Speaker 1: US Talk said, be.
• 31:10
  Speaker 2: Coming up at six is Ryan Bridge with my costing breakfast,
• 31:14
  Speaker 2: and he joins me, Now.
• 31:14
  Speaker 8: Good morning, good morning.
• 31:15
  Speaker 2: Would you like would you like a cupcake?
• 31:17
  Speaker 8: Ah?
• 31:19
  Speaker 2: Oh no, you're not. You're one of these people that doesn't.
• 31:21
  Speaker 8: Love a cupcake. Really do you know I got wage yesterday?
• 31:24
  Speaker 1: Why?
• 31:25
  Speaker 8: Well, would you go, Well, there's a dietician that we
• 31:28
  Speaker 8: that I go and see, and I came in at
• 31:32
  Speaker 8: one hundred and one kilos.
• 31:33
  Speaker 2: You don't look at one hundred and massive.
• 31:38
  Speaker 8: Tall man, No, I'm tall. But the structural integrity of
• 31:40
  Speaker 8: this cheer, I think is being challenged the longer I
• 31:43
  Speaker 8: sit on it. So now I won't have a cupcake,
• 31:46
  Speaker 8: but lovely offer.
• 31:47
  Speaker 2: No, that's all right. My daughter has spent the summer baking.
• 31:51
  Speaker 2: She just to pass the time. And we got to
• 31:53
  Speaker 2: the point where we're like, we can no long eat
• 31:55
  Speaker 2: the bacon, so we provide news talks. Be Yeah, they've
• 31:59
  Speaker 2: got a bit addictive to it.
• 32:00
  Speaker 8: They look great.
• 32:01
  Speaker 2: They too may need to weigh in shortly.
• 32:02
  Speaker 8: Hey, have you seen the front page of the Herald today?
• 32:05
  Speaker 8: It's quite a shocking story. So that that giant skyscraper,
• 32:10
  Speaker 8: the Seascape residential building, and this is in Custom Street,
• 32:13
  Speaker 8: Easter in Auckland. Massive how tall? Are two hundred and
• 32:17
  Speaker 8: twenty meters in the year there's a giant crane next
• 32:19
  Speaker 8: to it. Some teenager has scaled it, yes, and hung
• 32:24
  Speaker 8: from the top of it with one hand, with one
• 32:26
  Speaker 8: arm for TikTok likes. What on earth is wrong with
• 32:30
  Speaker 8: these kids?
• 32:31
  Speaker 2: I don't know, but you know, could we just get
• 32:34
  Speaker 2: the you know, why is this building being left well
• 32:36
  Speaker 2: open to the elements? You know there's a dispute I
• 32:40
  Speaker 2: believe between the builders and the subcontractors, and you know
• 32:45
  Speaker 2: it shouldn't be left there just I mean, it's not
• 32:46
  Speaker 2: good for the building to be open to the elements either.
• 32:48
  Speaker 2: It's not good for the integrity of the building. There's
• 32:50
  Speaker 2: a whole lot of issues. But you know that is horrific.
• 32:53
  Speaker 8: Hanging from a crane like a smart idea. No, I
• 32:56
  Speaker 8: certainly wouldn't be climbing a two hundred and twenty meter crane. No,
• 32:59
  Speaker 8: what are you going to talk about this morning? We're
• 33:01
  Speaker 8: doing Kiwi Bank, the Boss and Kiyi Bank. Obviously we've
• 33:03
  Speaker 8: had the inflation data out yesterday. It's flat. So when
• 33:05
  Speaker 8: are the bank's going to drop their rates? We'll ask
• 33:07
  Speaker 8: them after seven. Also, we're going to talk Trump. He's
• 33:10
  Speaker 8: now threatening Russia with tariffs because Russia's courses are at
• 33:14
  Speaker 8: war with Ukraine, and he says that war needs to
• 33:17
  Speaker 8: end and if it doesn't end, I'm going to slap
• 33:18
  Speaker 8: you with tariffs. So he's now threatening tariffs against big
• 33:21
  Speaker 8: tariffs against Russia, China, Canada, Mexico, and then smaller ones
• 33:28
  Speaker 8: against everybody else who.
• 33:29
  Speaker 2: Exist, South Korea and various other places. Do you think
• 33:31
  Speaker 2: that'll work with Trump? Do you think that sorry?
• 33:33
  Speaker 8: With Well, look, I think that part of the reason
• 33:38
  Speaker 8: that the Middle East has come to you know, there's
• 33:40
  Speaker 8: a ceasefire there is because Trump got the heavy language
• 33:43
  Speaker 8: out and forced them to do a deal and to
• 33:46
  Speaker 8: come to a peace agreement. So I think stranger things
• 33:48
  Speaker 8: have happened. Interesting. Zelenski has come out. He's at Davos
• 33:52
  Speaker 8: where all the the elite go. He says they would
• 33:56
  Speaker 8: need two hundred thousand Allied troops to man the border,
• 34:01
  Speaker 8: to man a piece steal. So if this does happen,
• 34:03
  Speaker 8: it's going to still mean a lot of military.
• 34:05
  Speaker 2: You go do a couple of quick squats before the show,
• 34:08
  Speaker 2: and we look forward to seeing you at just six.
• 34:11
  Speaker 2: Thanks for your company today, Take care.
• 34:17
  Speaker 1: For more from Early Edition with Ryan Bridge. Listen live
• 34:20
  Speaker 1: to News Talks it'd be from five am weekdays, or
• 34:23
  Speaker 1: follow the podcast on iHeartRadio.