Latest / Early Edition with Ryan Bridge / Full Show Podcast: 14 August 2024

Transcript

Full Show Podcast: 14 August 2024 · Early Edition with Ryan Bridge

• 0:01
  Speaker 1: The issues, the interviews and the inside Ryan Bridge new
• 0:08
  Speaker 1: for twenty twenty four on the early edition with Smith City,
• 0:12
  Speaker 1: New Zealand's furniture Beds and a play at store New Stalks.
• 0:15
  Speaker 2: It'd be good morning.
• 0:16
  Speaker 3: It is six after five, coming up this morning before six.
• 0:19
  Speaker 3: Adrianaw's big day today. Willy drop, Willie hold, We'll look
• 0:23
  Speaker 3: at that. Gavin Gray's in the UK. A thirteen year
• 0:26
  Speaker 3: old girl is pleading guilty over the riots there, but
• 0:29
  Speaker 3: for what we'll ask him. Before five point thirty We've
• 0:32
  Speaker 3: got the Board of Airline Reps on tourism data not
• 0:36
  Speaker 3: looking good there. It is six after five.
• 0:39
  Speaker 2: The agenda, and it.
• 0:41
  Speaker 3: Is when stay the fourteenth of August. Tensions are continuing
• 0:44
  Speaker 3: to rise in the Middle East, with fairs that Iran
• 0:46
  Speaker 3: could attack Israel as soon as this week. I know
• 0:49
  Speaker 3: they have been saying that for a couple of weeks now.
• 0:51
  Speaker 3: The US is sending one of its aircraft carriers, the
• 0:54
  Speaker 3: USS Abraham Lincoln, to the region, as well as the
• 0:56
  Speaker 3: USS Georgia submarine. US officials so they want to see
• 1:00
  Speaker 3: de escalation, not war. What we're focused on is continuing
• 1:05
  Speaker 3: to de escalate diplomatically.
• 1:07
  Speaker 4: Our hope in our intent is to make sure that
• 1:10
  Speaker 4: an attack doesn't happen.
• 1:12
  Speaker 3: Housing of full affordability remains low despite dropping property values
• 1:17
  Speaker 3: and rising incomes. Poor Objects says the time needed to
• 1:20
  Speaker 3: save for a deposit is the lowest since COVID, at
• 1:24
  Speaker 3: just over ten years. That compares to thirteen years to
• 1:26
  Speaker 3: save back in COVID days. Meanwhile, rent is consuming twenty
• 1:31
  Speaker 3: eight percent of household income, the most in at least
• 1:33
  Speaker 3: twenty years. Chief property economist Calvin davids And says the
• 1:37
  Speaker 3: full picture is still far from ideal.
• 1:39
  Speaker 5: There's still a lot of strain on the market.
• 1:41
  Speaker 6: Housing affordability has improved a little bit on.
• 1:43
  Speaker 5: Some measures and not on others, so there's still pressure there.
• 1:46
  Speaker 5: Morlgitrates something and really still the key challenge.
• 1:48
  Speaker 6: For a lot of people.
• 1:49
  Speaker 3: Nas Is Mars insight lander has discovered water below the
• 1:53
  Speaker 3: surface of the Red planet.
• 1:55
  Speaker 2: Excuse me.
• 1:56
  Speaker 3: It's been recording seizemic activity on the planet for the
• 1:58
  Speaker 3: past four years, with analysis showing that seismic signals of
• 2:03
  Speaker 3: liquid water believed to be ten to twenty kilometers below
• 2:07
  Speaker 3: the surface. The desert like planet shows signs there were
• 2:10
  Speaker 3: at once rivers, oceans, and lakes on the surface. More
• 2:14
  Speaker 3: than three billion years ago.
• 2:16
  Speaker 7: News and Views you trust to start your day is
• 2:19
  Speaker 7: early edition with Ryan Bridge and Smith City, New Zealand's
• 2:23
  Speaker 7: furniture beds and a flying store.
• 2:25
  Speaker 2: News Talk said they.
• 2:27
  Speaker 3: We start this morning with this really rarely concerning story
• 2:31
  Speaker 3: about lollies. The Auckland City Mission is warning there are
• 2:35
  Speaker 3: potentially lethal levels of methan fettering and donated lollies that
• 2:40
  Speaker 3: were given out in food parcels. Somebody ate one fell
• 2:44
  Speaker 3: ill and the testing three hundred doses and one lolly
• 2:49
  Speaker 3: three hundred doses of meth in one lolly. Police say
• 2:53
  Speaker 3: that these lollies may have been distributed over several weeks
• 2:57
  Speaker 3: in Auckland. So if you have in your possession a
• 3:01
  Speaker 3: Render brand pineapple lolly, retail sized packages apparently were handed out.
• 3:07
  Speaker 3: If you have one of those, or if you know
• 3:09
  Speaker 3: somebody who gets food parcels, please let them know do
• 3:13
  Speaker 3: not eat these. Contact the City Mission and contact the police.
• 3:17
  Speaker 3: These are Render brand Pineapple lollies. They tested one lolly
• 3:21
  Speaker 3: and it had three grams of meth in it. Three
• 3:25
  Speaker 3: grams in one lolly, you'd have to imagine it's the
• 3:28
  Speaker 3: whole lolly is just meth. The average the common dose
• 3:32
  Speaker 3: is ten to twenty five milligrams, so up to three
• 3:37
  Speaker 3: hundred doses in one lolly. So yeah, please please if
• 3:42
  Speaker 3: you know anyone who gets food parcels, if you get
• 3:44
  Speaker 3: food parcels, do not consume them. Please call the police.
• 3:47
  Speaker 3: And he begs the question, doesn't it Did somebody do
• 3:49
  Speaker 3: this deliberately? Did you know with somebody importing meth and
• 3:53
  Speaker 3: these ended up in the wrong hands by accident? I
• 3:56
  Speaker 3: don't know. But they're going to have a press conference,
• 3:58
  Speaker 3: that is the City Mission and the Drug Foundation at
• 4:01
  Speaker 3: about eleven o'clock this morning, just gone ten after five.
• 4:05
  Speaker 3: Big day today obviously, our fight against inflation, our ocr
• 4:09
  Speaker 3: announcement that is two pm today. In the US overnight
• 4:12
  Speaker 3: the down s and P five hundred were up. They
• 4:15
  Speaker 3: had some good inflation data in that it was weaker
• 4:17
  Speaker 3: than expected the July Producer Price Index. All eyes on
• 4:23
  Speaker 3: their CPI and their retail sales figures which are coming
• 4:26
  Speaker 3: out in the next couple of days. But it's good
• 4:29
  Speaker 3: news in a sense, isn't it for the US? And
• 4:33
  Speaker 3: they'll be looking for a rate cut as are we today.
• 4:37
  Speaker 8: T five still find so much you.
• 4:54
  Speaker 7: The news you need this morning and the in depth
• 4:56
  Speaker 7: analysis early edition with Ryan Bridge and this City, New
• 5:01
  Speaker 7: Zealand's furniture beds had a playing store News.
• 5:03
  Speaker 3: Talk, said Bird, seen after five on news Talk said
• 5:06
  Speaker 3: b Brad, I agree with you, Brad as text in
• 5:09
  Speaker 3: nine two nine two. The number can't see adriena or
• 5:12
  Speaker 3: cutting early. He will wait until next time, but his
• 5:15
  Speaker 3: monetary policy wording will change to strongly looking at a
• 5:20
  Speaker 3: cut in the near future. I think you might be
• 5:23
  Speaker 3: on the money there. It'll be all about the wording
• 5:25
  Speaker 3: around it, rather than him actually coming out today and
• 5:29
  Speaker 3: saying yep, we're cut cutting rates. That is happening at
• 5:32
  Speaker 3: two pm, thirteen after five. Now the government's taking genetic
• 5:35
  Speaker 3: editing out of the lab that's been confirmed from as
• 5:38
  Speaker 3: early as next year. Low risk and well understood gene
• 5:42
  Speaker 3: technologies can be used outside of the laboratory settings without
• 5:46
  Speaker 3: any regulation. It's been banned for thirty years. A dedicated
• 5:50
  Speaker 3: regulator will be set up to manage the gene technologies.
• 5:54
  Speaker 3: And Michael Buntz is with the Otaga University in Curtain University,
• 5:57
  Speaker 3: is a professor genetics expert. He's with us this morning. Mike,
• 6:01
  Speaker 3: Good morning, Good morning Ryan. What has changed in genomencing
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  Speaker 3: since nineteen ninety six or since the late nineties.
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  Speaker 6: An awful lot since over the last thirty years, we've
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  Speaker 6: gone from things like the human genome costing four billion
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  Speaker 6: dollars and taking a decade complete to now been done
• 6:21
  Speaker 6: for about one thousand dollars in a day. And we've
• 6:23
  Speaker 6: had the advent of new things, you know, other jargon
• 6:26
  Speaker 6: such as CRISPA, which is the ability to edit genes.
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  Speaker 6: So we've got lots of genetic information out there, and
• 6:34
  Speaker 6: we've got the ability to sort of find and replace
• 6:36
  Speaker 6: function within the genome if you like.
• 6:38
  Speaker 3: So it's quicker, it's more efficient. Is it safer?
• 6:43
  Speaker 2: Yes, it is.
• 6:44
  Speaker 6: So these new precision editing tools, as I said, it's
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  Speaker 6: a bit of a fine and replaced within a document,
• 6:48
  Speaker 6: so we're able to sort of look for a specific
• 6:51
  Speaker 6: word within a document and replace it with another piece
• 6:54
  Speaker 6: of genetic code quite easily. So it's moved into the
• 6:58
  Speaker 6: realm of called precision editing. So we've always edited the
• 7:02
  Speaker 6: DNA of the organisms around us, especially things like crops
• 7:06
  Speaker 6: et cetera, because they we've done it through selective breeding
• 7:09
  Speaker 6: over thousands of years, but that is speeding up this.
• 7:12
  Speaker 6: So now we've got these gene editing tools which are
• 7:16
  Speaker 6: sort of almost indistinguishable away from from domestic breeding that's
• 7:21
  Speaker 6: occurred over over decades.
• 7:23
  Speaker 3: So we've been doing this outside already, and now we're
• 7:27
  Speaker 3: going to be able to do it in the labs.
• 7:31
  Speaker 6: Oh, we've been you know, I guess that that through
• 7:33
  Speaker 6: that domestication process and choosing different variants right similar golden
• 7:37
  Speaker 6: kiwi fruit. We've been doing it for I think, and
• 7:39
  Speaker 6: now we're going to sort of like speed up that process.
• 7:42
  Speaker 6: And and you know what, the government has signaled in
• 7:44
  Speaker 6: this new gene Technology bill, and we're still light on
• 7:47
  Speaker 6: details about what it's going to do, but it's going
• 7:49
  Speaker 6: to it's going to bring us in line with what's
• 7:51
  Speaker 6: happening internationally. We're saying some of these low risk applications,
• 7:55
  Speaker 6: we're going to move away from, you know, a fully
• 7:58
  Speaker 6: precautionary approach that we've got in the moment into into
• 8:01
  Speaker 6: something that's slightly more permissive.
• 8:04
  Speaker 3: And slightly more grown up in the approach. We're taking
• 8:07
  Speaker 3: what there's a pine tree example that you talk about.
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  Speaker 3: What is that?
• 8:14
  Speaker 6: Yeah, well, there's lots of applications of the gene technology.
• 8:16
  Speaker 6: We're using it for making medicines such as in zelin.
• 8:19
  Speaker 6: At the moment, we're using it for cancer cells. But
• 8:22
  Speaker 6: when we're talking about you know, planting things in New
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  Speaker 6: Zealand for the first time. We've got lots of genetically
• 8:29
  Speaker 6: modified organisms in New Zealand at the moment in terms
• 8:33
  Speaker 6: of medicines and food. But when we're talking about using
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  Speaker 6: it actually growing our own material in New Zealand, we've
• 8:41
  Speaker 6: got to look at examples of that. Or one of
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  Speaker 6: those examples is a sterile pine tree. So we know
• 8:47
  Speaker 6: about the problem of wilding pines in New Zealand that
• 8:49
  Speaker 6: they spread into the conservation estate and onto farmlands. And
• 8:55
  Speaker 6: you know, one of the applications that's been touted is
• 8:57
  Speaker 6: just when you put a pine tree in the ground,
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  Speaker 6: if it can't reap juice, stays where it is, so
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  Speaker 6: we don't end up with this big seed bank sort
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  Speaker 6: of moving all around New Zealand.
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  Speaker 3: So we can desecx pine trees.
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  Speaker 6: We can, and that you know, Scion has been developing
• 9:13
  Speaker 6: that technology for years and you know, a huge industry
• 9:17
  Speaker 6: for New Zealand, but also a major environmental problems. So
• 9:21
  Speaker 6: these are the sort of win win examples that the
• 9:24
  Speaker 6: government wants to take a closer look at rather than
• 9:27
  Speaker 6: this sort of quite precautionary approach. So it's not really
• 9:32
  Speaker 6: been banned in New Zealand. That's the wrong set of technology,
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  Speaker 6: but it's been so precautionary and there's been so much
• 9:40
  Speaker 6: red tape and hoop jumping that's going on that it's
• 9:45
  Speaker 6: starting to create problems for us.
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  Speaker 3: Really interesting and I'm very excited to see where some
• 9:50
  Speaker 3: of this research might lead. It's Michael Buntz. He is
• 9:53
  Speaker 3: a genetics expert. He's with Otaga and Kirton University as
• 9:57
  Speaker 3: a professor. Eighteen minutes after five. Coming up next, we're
• 10:01
  Speaker 3: going to look at tourism. Why is our post COVID boom,
• 10:05
  Speaker 3: well not boom, but recovery starting to falter.
• 10:09
  Speaker 7: The first word on the News of the Day early
• 10:12
  Speaker 7: edition with Ryan Bridge and Smith City, New Zealand's furniture
• 10:16
  Speaker 7: Beds and a playing store.
• 10:17
  Speaker 2: News Talk said, good.
• 10:18
  Speaker 3: Morning, it's five point twenty on Ryan Bridge and if
• 10:21
  Speaker 3: you like a drink and you're over sixty, bad news
• 10:23
  Speaker 3: for you. Coming up just after five point thirty. Also,
• 10:27
  Speaker 3: quick update on the situation in Russia. This is Ukraine's
• 10:30
  Speaker 3: incursion into Russia. Zelensky has said he is not interested
• 10:35
  Speaker 3: in holding this land. He says Poutin must be forced
• 10:38
  Speaker 3: into peace negotiations, so they're basically going to continue this
• 10:42
  Speaker 3: offensive until Moscow agrees to peace. Twenty one after five. Now,
• 10:48
  Speaker 3: our tourism recovery appears to have stalled. The number of
• 10:51
  Speaker 3: overseas arrivals reached three point two million in the year
• 10:54
  Speaker 3: a joune. That sounds good, but it's down seventeen percent
• 10:57
  Speaker 3: on pre pandemic peaks and still hovering it around eighty
• 11:02
  Speaker 3: percent of pre COVID levels for the year. It comes
• 11:05
  Speaker 3: at a time where visa charges are going up in
• 11:08
  Speaker 3: the international visitor levy could rise by as much as
• 11:11
  Speaker 3: three times to one hundred dollars for many tourists outside
• 11:14
  Speaker 3: of Australia in the Pacific. Cath O'Brien's with the Board
• 11:17
  Speaker 3: of Airline Representatives is with us this morning. Cath, Good morning,
• 11:20
  Speaker 3: Good morning. How do we compare, How does our recovery
• 11:23
  Speaker 3: post COVID compare to other countries?
• 11:26
  Speaker 9: Yeah, look, I think you know, New Zealand's among those
• 11:28
  Speaker 9: countries that had its borders closed for longer, so we
• 11:32
  Speaker 9: are slower to recover. And you know, last Timmer we
• 11:35
  Speaker 9: enjoyed a great sort of boom recovery from COVID and
• 11:38
  Speaker 9: saw a lot of travel watches fantastic and saw a
• 11:41
  Speaker 9: lot of tourists returning to New Zealand. What we're seeing now, though,
• 11:45
  Speaker 9: is that kind of recovery stop, which is unusual in
• 11:50
  Speaker 9: the world.
• 11:54
  Speaker 10: And unusual and compared to what, yeah, like unusual in
• 11:59
  Speaker 10: that you know, we've got We've got other countries who
• 12:01
  Speaker 10: would see tourism continue to grow and New Zealand appears
• 12:05
  Speaker 10: to be seeing tourism are numbers kind of stalling, which
• 12:09
  Speaker 10: makes us strange.
• 12:10
  Speaker 9: Right, So looking ahead to the summer twenty twenty four,
• 12:14
  Speaker 9: so airlines have planned their schedules and we can see
• 12:17
  Speaker 9: that New Zealand as a total country will receive just
• 12:20
  Speaker 9: two percent more services than we saw last year, which
• 12:24
  Speaker 9: is far less than we would love to see. So
• 12:28
  Speaker 9: you know that that is going to bring us to
• 12:31
  Speaker 9: you a tourists and in a time that that's happening,
• 12:33
  Speaker 9: you know, to increase our VisiC costs so very deeply
• 12:37
  Speaker 9: and so suddenly is really counterproductive.
• 12:40
  Speaker 3: What is behind us, do you think?
• 12:44
  Speaker 9: Yeah, that's a really good question. New Zealand appears to
• 12:47
  Speaker 9: be losing market share, so we seem to sort of
• 12:52
  Speaker 9: be losing the fight and being a great place to
• 12:54
  Speaker 9: go to. You know, there are other nature based economies
• 12:56
  Speaker 9: that offer far more inexpensive holidays. You know, I'm looking
• 13:01
  Speaker 9: here at the likes of Indonesia, Thailand, Vietnam. You know,
• 13:04
  Speaker 9: those economies are seeing some great, some great recoveries and
• 13:08
  Speaker 9: and noticably Vietnam has taken its visitor a rival charge
• 13:13
  Speaker 9: to zero to encourage that to happen at New Zealand?
• 13:17
  Speaker 3: Does that make a difference? Does that make a difference
• 13:20
  Speaker 3: because we're obviously going to look at hiking us. Does
• 13:22
  Speaker 3: it actually stop people?
• 13:24
  Speaker 10: Yeah?
• 13:24
  Speaker 9: I think it actually really does because it's the total
• 13:27
  Speaker 9: cost of the journey, and especially when New Zealand is
• 13:30
  Speaker 9: you know, a really long way away often for many travelers,
• 13:34
  Speaker 9: a very expensive place to commit to coming to. In
• 13:37
  Speaker 9: any case, then that to add, you know, hundreds of
• 13:40
  Speaker 9: dollars of cost, and here we're seeing Jesus rise. A
• 13:43
  Speaker 9: visitor visa is now three hundred and forty one dollars
• 13:45
  Speaker 9: for an individual, and then what are we going to
• 13:48
  Speaker 9: add the international visit Olivia at another hundred dollars on
• 13:51
  Speaker 9: top of that, So four hundred and forty you haven't
• 13:53
  Speaker 9: even bought a ticket.
• 13:54
  Speaker 3: Yet, Yeah, that's a really good point. Actually, gosh, it
• 13:57
  Speaker 3: sounds a bloody expensive, doesn't it when you put it that.
• 14:00
  Speaker 3: Thank you for your time this morning, Cath O'Brien borught
• 14:02
  Speaker 3: a airline representatives. I can remember traveling around South America,
• 14:07
  Speaker 3: Central America, that kind of stuff when I was younger,
• 14:09
  Speaker 3: and the Galapagus Islands. I mean we had to pay
• 14:11
  Speaker 3: a one hundred dollars I think it was one hundred
• 14:14
  Speaker 3: US dollars visitor levy. But of course it's the Glaphicas Islands.
• 14:18
  Speaker 2: You know.
• 14:18
  Speaker 3: You go there because David Edinburgh went there, you know,
• 14:21
  Speaker 3: and you want to see it all, so you just
• 14:23
  Speaker 3: pay it. But geez, when you're talking about five hundred
• 14:25
  Speaker 3: bucks before, as Cat said, you've even bought a ticket.
• 14:27
  Speaker 3: Twenty four after five the.
• 14:29
  Speaker 7: Early Edition Full Show podcast on iHeartRadio powered by News
• 14:33
  Speaker 7: Talks at Me just.
• 14:34
  Speaker 3: Go on twenty six minutes after five. It's still hard,
• 14:37
  Speaker 3: but still worth it. This is buying a house. There's
• 14:40
  Speaker 3: new Core Logic data out this morning. It's a housing
• 14:42
  Speaker 3: affordability report looks at median property values versus median income
• 14:47
  Speaker 3: for households. Let's put all the details assigned for a
• 14:50
  Speaker 3: second and cut to the chase. Basically, the good news
• 14:54
  Speaker 3: for you, houses are worth about ten times household and sorry,
• 14:59
  Speaker 3: now we're seven point nine percent household income. They were
• 15:02
  Speaker 3: worth ten times, so that is good news. Also good news,
• 15:07
  Speaker 3: the time it takes to save for a deposit is
• 15:10
  Speaker 3: now ten years. I know this is good news because
• 15:15
  Speaker 3: it's better than the thirteen years that it took in
• 15:17
  Speaker 3: twenty twenty one. So that's the good news. The bad
• 15:19
  Speaker 3: news from the start of this morning, mortgage payments fifty
• 15:23
  Speaker 3: four percent of your median household income fifty four percent,
• 15:27
  Speaker 3: and that is ten percent above the average. So there's
• 15:30
  Speaker 3: good news in there's bad news. It's hard but not
• 15:32
  Speaker 3: impossible for most people and still very much worth it.
• 15:36
  Speaker 3: Long term values go up, there's the stability of owning
• 15:40
  Speaker 3: your own place, and there's great stories like this Auckland
• 15:43
  Speaker 3: twenty year old Lewis Pollock, who was in the news
• 15:46
  Speaker 3: the other day, left school early, worked in retail, became
• 15:49
  Speaker 3: a manager. He works hard for his money and he saves,
• 15:53
  Speaker 3: had no help from his parents, and he's brought his
• 15:55
  Speaker 3: first house at twenty. He's a homeowner and he's saying
• 15:58
  Speaker 3: to other young people, you can do it. If you
• 16:01
  Speaker 3: put your mind to it. Now, I know this is
• 16:03
  Speaker 3: not possible for everyone. You know, in some circumstances it
• 16:08
  Speaker 3: just wouldn't allow you to be able to put the
• 16:10
  Speaker 3: money aside to save. But for most young people it's hard,
• 16:16
  Speaker 3: but not impossible and well worth the effort. Twenty eight
• 16:21
  Speaker 3: after five in Bridge brich Lots that come just before six,
• 16:24
  Speaker 3: we're talking about the ocr which will obviously have an
• 16:27
  Speaker 3: impact on whether you can afford the house that you
• 16:29
  Speaker 3: might have just purchased, whether you can afford to make
• 16:32
  Speaker 3: the mortgage payments on that. We're going to talk to
• 16:34
  Speaker 3: a Jardin economist just before six for his take. Also
• 16:38
  Speaker 3: this morning, if you are over sixty and you enjoy
• 16:41
  Speaker 3: a tipple, well, i'll tell you after our five thirty news,
• 16:46
  Speaker 3: bad news, bad news for you. Will you listen to
• 16:49
  Speaker 3: the news. Will you listen to the warnings? Probably not.
• 16:52
  Speaker 3: Gavin Gray is in the UK a thirteen year old
• 16:55
  Speaker 3: girl has pleaded guilty to charges in relation to the
• 17:00
  Speaker 3: riots over in the UK. What has she been charged with?
• 17:04
  Speaker 3: We'll look at that with Kevin. That is coming up
• 17:07
  Speaker 3: after the five thirty news as well. You're on news
• 17:09
  Speaker 3: Talk Sidby.
• 17:38
  Speaker 2: Get ahead of.
• 17:38
  Speaker 7: The headlines Ryan Bridge You for twenty twenty four on
• 17:42
  Speaker 7: early edition with Smith City, New Zealand's furniture Bids.
• 17:46
  Speaker 2: And a playing store. News Talk SIDB, Good.
• 17:58
  Speaker 3: Morning, it is twenty four minutes away from six year
• 18:00
  Speaker 3: on news Talk said be great to have your company
• 18:02
  Speaker 3: just before six an economists on today's big OCR decision.
• 18:07
  Speaker 3: We'll get to that shortly. Also, we're live to the
• 18:09
  Speaker 3: UK with Gavin Gray right now. If you love a
• 18:12
  Speaker 3: drink and you are over the age of sixty, listen up.
• 18:16
  Speaker 3: This is a new big study one hundred and thirty
• 18:18
  Speaker 3: five adults. They looked at sixty plus. They tracked them
• 18:21
  Speaker 3: for twelve years. Virtually any amount of alcohol will increase
• 18:27
  Speaker 3: your risk of cancer from the first drop. You know
• 18:30
  Speaker 3: that people used to say, oh, one glass of red wine,
• 18:32
  Speaker 3: that's out. They reckon. There are no heart benefits from
• 18:36
  Speaker 3: even small amounts of alcohol, so put your drinks down. Interestingly,
• 18:42
  Speaker 3: the reason that there were serious flaws and previous studies
• 18:45
  Speaker 3: they reckon because the abstainers as a group include lots
• 18:50
  Speaker 3: of people who are seriously ill. You know, if you're ill,
• 18:52
  Speaker 3: you stop drinking and you still have health issues and
• 18:56
  Speaker 3: you might die earlier. So it made the drinkers look
• 19:00
  Speaker 3: better because they were counting the of stainers as you know,
• 19:06
  Speaker 3: sort of a control group anyway, So that was apparently false.
• 19:12
  Speaker 3: Will this make you stop drinking?
• 19:14
  Speaker 11: No?
• 19:15
  Speaker 3: Probably not. And do they actually look at social and
• 19:19
  Speaker 3: you know, you go to the pub, you talk to
• 19:20
  Speaker 3: your friends, you interact. What about those benefits do they
• 19:24
  Speaker 3: look at those? What about the mental health benefits from
• 19:27
  Speaker 3: letting off some steam?
• 19:28
  Speaker 9: You know?
• 19:31
  Speaker 3: Nineteen is the number to text twenty two.
• 19:33
  Speaker 2: To six rayam Bridge.
• 19:35
  Speaker 3: We're going to come and Proctor and dned and Culum.
• 19:37
  Speaker 3: Good morning to you. Two new witnesses are going to
• 19:40
  Speaker 3: give evidence in this coronial in quest of Locky Jones.
• 19:45
  Speaker 3: Yea morning, Ryan, that's correct. That will happen today.
• 19:48
  Speaker 12: This is Lockey Jones, the three year old who died
• 19:50
  Speaker 12: in twenty nineteen, found in a Council oxidation pond about
• 19:53
  Speaker 12: a kilometer from his home. Police quickly concluded the boy
• 19:57
  Speaker 12: had drowned, but Lockey's father, Paul Jones, believes his son
• 20:00
  Speaker 12: was murdered. Lockey's half brother, Jonathan Scott, will be called
• 20:04
  Speaker 12: for a second time today alongside the new witnesses. Back
• 20:08
  Speaker 12: in May, Scott denied allegations of storing Lockey's body in
• 20:11
  Speaker 12: a freezer, but did admit to buying cannabis while others searched.
• 20:16
  Speaker 3: For his brother on the night he disappeared. Yeah, a
• 20:19
  Speaker 3: really interesting but sad case. Callen, thank you for that.
• 20:21
  Speaker 3: How's the weather in Ternedin today? Fine? Today? Northwesterly he's
• 20:26
  Speaker 3: easing and the high seventeen today, thank you. Blake. Benny
• 20:28
  Speaker 3: is in christ Church this morning, Blake, good morning to you.
• 20:31
  Speaker 3: Tell me about this this well, the people calling for
• 20:34
  Speaker 3: a divorce from Environment Canterbury.
• 20:37
  Speaker 4: Yes, so this is our calls for South Island councils
• 20:40
  Speaker 4: and it simply puts stems from North Otago farmer David Douglas,
• 20:44
  Speaker 4: who is fed up with too many layers of governance.
• 20:46
  Speaker 4: He's leading a group campaigning for the Southern councils from
• 20:49
  Speaker 4: white Tucky to Selwyn to merge into a form of
• 20:51
  Speaker 4: unitary council. Douglas says the areas have so much in
• 20:55
  Speaker 4: common and proper governance would work well. He's visiting all
• 20:58
  Speaker 4: the councils to pitch the of this new breakaway organization,
• 21:02
  Speaker 4: which would be a combination of a territorial and regional council.
• 21:06
  Speaker 4: Now Environment Canterbury says it's aware of the discussions but
• 21:10
  Speaker 4: acknowledges any potential shakeup is a decision for central government.
• 21:14
  Speaker 3: How's the weather today? Fine?
• 21:15
  Speaker 4: With morning Frost's northerly is developing this afternoon high fourteen brilliant.
• 21:20
  Speaker 3: Thank you Max Tols and Wellington Max. I saw this
• 21:22
  Speaker 3: story on the news last night, this girl's school that's
• 21:25
  Speaker 3: having to evacuate because there is quake prone building, and
• 21:29
  Speaker 3: it seemed curious, did the ministry tell them that it
• 21:32
  Speaker 3: was quite prone or not? What's going on here?
• 21:35
  Speaker 13: Yeah, okay, so we spoke to principal Julia Davidson. She
• 21:39
  Speaker 13: says that the Ministry of Education didn't tell them, but
• 21:43
  Speaker 13: knew about this quake prone building back in twenty twenty
• 21:46
  Speaker 13: and didn't do anything about it. And so you've now
• 21:49
  Speaker 13: got they've discovered this that the building meets fifteen percent
• 21:53
  Speaker 13: of the standard. The building typicly caters for up to
• 21:57
  Speaker 13: four hundred kids and teachers. So you've got weeks of
• 22:00
  Speaker 13: disruption ahead for Wellington Girls College. Students are again learning
• 22:05
  Speaker 13: from home today they did yesterday as well. Parents are
• 22:07
  Speaker 13: calling urgent meetings, the school says. The school is again
• 22:12
  Speaker 13: criticizing the Ministry for not for inaction. The school wants
• 22:16
  Speaker 13: the building bold, but the principal told us they believe
• 22:20
  Speaker 13: the ministry just wants to strengthen the block. A few
• 22:22
  Speaker 13: girls from the school planning and holding a protest on
• 22:24
  Speaker 13: Parliament's lawn this morning to complain about that government's inaction.
• 22:29
  Speaker 3: Well, I've been good on them. I suppose they're not
• 22:31
  Speaker 3: at school so they'll have time on their hands. Max, Max,
• 22:34
  Speaker 3: how's the weather today for that protest?
• 22:36
  Speaker 13: It should be fine in Northerlya's twelve, the High Central.
• 22:39
  Speaker 3: Brilliant, thank you. Neither is in Auckland never. This story
• 22:43
  Speaker 3: is just frightening.
• 22:45
  Speaker 11: It is frightening. So what's happening?
• 22:47
  Speaker 6: Is it?
• 22:48
  Speaker 11: The Drag Foundation's warning people?
• 22:50
  Speaker 10: Now?
• 22:50
  Speaker 11: This is after Rinda branded pineapple lollies. They were found
• 22:54
  Speaker 11: to contain up to three hundred doses of myth. Now
• 22:58
  Speaker 11: they would donated to the Auckland City Mission for goodness sake,
• 23:01
  Speaker 11: So the mission obviously had no idea, gave them out
• 23:04
  Speaker 11: and an unknown number of food parcels and mission in
• 23:07
  Speaker 11: their Helen Robinson says a recipient told them that the
• 23:10
  Speaker 11: lollies had a funny taste, and so then they thought well,
• 23:13
  Speaker 11: bring in them, bring them back in and they had
• 23:15
  Speaker 11: them tested and the lolly came back showing potentially lethal
• 23:19
  Speaker 11: levels of meth amphetamine. So the Drug Foundation executive director,
• 23:23
  Speaker 11: Sarah Helm, We've gone to her and she says, look,
• 23:26
  Speaker 11: each lolly, this is I can't believe this. Each lolly.
• 23:29
  Speaker 11: So the rapt lollies contained about three grams of myth,
• 23:33
  Speaker 11: which is up to three hundred doses.
• 23:36
  Speaker 3: It's frightening. The thing is, you'd have to assume, and
• 23:39
  Speaker 3: this is just speculation, we have to assume that the
• 23:41
  Speaker 3: whole lolly is meth Yes, three grams, and then you think, well,
• 23:46
  Speaker 3: why would there be myth? Is it being imported? You know?
• 23:50
  Speaker 3: And did somebody not realize that these lollies were with it?
• 23:53
  Speaker 3: That's right?
• 23:54
  Speaker 11: I mean where all of this, how this all eventuated?
• 23:57
  Speaker 11: I mean it's the story of the day here for Auckland,
• 23:58
  Speaker 11: because we're all talking about in the news and going,
• 24:01
  Speaker 11: my goodness, and especially for a city mission, for the
• 24:03
  Speaker 11: Auckland City Mission. Totally you're sitting there, so the police
• 24:05
  Speaker 11: are on the case anyway, they're now investigating.
• 24:07
  Speaker 3: And there's a presser at eleven this morning, isn't there
• 24:11
  Speaker 3: an't you I'd just like to add my value where
• 24:13
  Speaker 3: I can go. Man, how's the weather today?
• 24:17
  Speaker 4: Fine?
• 24:17
  Speaker 11: Partly clouded this afternoon. Auckland's SiGe fifteen brilliant.
• 24:20
  Speaker 3: Thank you, it is eighteen minutes away from six News
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• 24:26
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• 24:30
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  Speaker 7: NZ International correspondence with Zed Eye Insurance Peace of Mind
• 25:30
  Speaker 7: for New Zealand Business.
• 25:33
  Speaker 3: Kevin Gray is a UK and Europe correspondent. He's with
• 25:35
  Speaker 3: US Live Gavin Good Morning, Morning Ron. A thirteen year
• 25:39
  Speaker 3: old girl has pleaded guilty over charges to do with
• 25:42
  Speaker 3: those riots.
• 25:43
  Speaker 14: What for. Yes, this was for a protest to the
• 25:47
  Speaker 14: hotel housing asylum seekers in Aldershot, to the south and
• 25:52
  Speaker 14: west of London. It's a former army town. Still got
• 25:54
  Speaker 14: at big army presence there and prosecutor said the girls
• 25:58
  Speaker 14: among a crowd gathered outside a hotel well that was
• 26:00
  Speaker 14: being used to house asylum seekers and she was seen
• 26:03
  Speaker 14: punching and kicking at the entrance of the hotel. Of
• 26:07
  Speaker 14: course the asylum seekers inside, I dare say it were
• 26:09
  Speaker 14: pretty terrified. A police officer was injured when disorder broke
• 26:13
  Speaker 14: out at the demonstration. There were roughly two hundred protesters
• 26:16
  Speaker 14: there dating back onto the thirty first of July. The
• 26:19
  Speaker 14: girl can't be named for legal reasons, and at Basingstone Magistrates'
• 26:23
  Speaker 14: Court she sat with her parents and it was a
• 26:26
  Speaker 14: short hearing and the prosecutor said that actually, do you
• 26:30
  Speaker 14: know what if this had been a girl of sentencing age,
• 26:35
  Speaker 14: in other words, not a young girl as she was,
• 26:37
  Speaker 14: then she would have been recommending a two year custodial sentence. Yesterday, Ryan,
• 26:43
  Speaker 14: two twelve year old boys became the youngest to be
• 26:45
  Speaker 14: convicted following recent disorder.
• 26:48
  Speaker 3: Given a quick update on the wildfires that are riding
• 26:52
  Speaker 3: near Ethens and Grace.
• 26:54
  Speaker 14: Yeah, they've sort of peeped out into smaller hotspots which
• 26:58
  Speaker 14: are still being fought. But sadly we now know that
• 27:01
  Speaker 14: there has been at least one victim. It's a sixty
• 27:03
  Speaker 14: three year old woman whose body was found in a
• 27:05
  Speaker 14: burnt out factory just on the outskirts of Athen, the
• 27:09
  Speaker 14: first confirmed victim of the far that's torn through one
• 27:11
  Speaker 14: hundred thousand acres of land, leaving dozens more injured. Colleagues
• 27:15
  Speaker 14: said she'd been too scared to jump from the building
• 27:18
  Speaker 14: as the flames came close, and she then became trapped
• 27:20
  Speaker 14: inside and died. So this situation still very very tense
• 27:25
  Speaker 14: in Greece, particularly around Athens, with the temperature still very high.
• 27:31
  Speaker 3: Kevin, thanks so much for that, Kevin Gray, UK europe correspondent.
• 27:34
  Speaker 3: It is twelve to six, Ryan Bridge, and it is
• 27:37
  Speaker 3: ocr day today. Economists, well, I mean take you pick
• 27:41
  Speaker 3: some say one thing, some say another ASB predicting a
• 27:43
  Speaker 3: cut of twenty five basis points B and zied Kiwi
• 27:46
  Speaker 3: Bank also think that they will cut a in zid.
• 27:49
  Speaker 3: Isn't rolling out a cut that's sitting on the fence,
• 27:52
  Speaker 3: isn't it? West Pek and Kiwi Bank think rates will
• 27:54
  Speaker 3: be held. John Kern is a Jardin economists, investment strategists
• 27:58
  Speaker 3: and crystal ballgeyser. He's with us this morning.
• 28:00
  Speaker 5: Hey John, Yeah, good morning, Ryan.
• 28:03
  Speaker 3: What are you picking?
• 28:04
  Speaker 2: Cut?
• 28:04
  Speaker 3: Hoold engage? What's he going to do?
• 28:06
  Speaker 5: Look, I'm erring on the side of a hold today.
• 28:11
  Speaker 5: It is a close run thing though, and we can
• 28:13
  Speaker 5: see that through the disparity of views. We're seen.
• 28:19
  Speaker 3: How important is the language that's used around the decision.
• 28:24
  Speaker 5: I think it will be incredibly important I mean, this
• 28:27
  Speaker 5: is a full monetary policy statement out today, so this
• 28:31
  Speaker 5: will have refreshed forecasts or predictions from the Reserve Bank,
• 28:37
  Speaker 5: and I expect that although they may hold today, they
• 28:42
  Speaker 5: will signal that interest rate cuts are coming very soon,
• 28:48
  Speaker 5: much sooner than they previously indicated.
• 28:51
  Speaker 3: What will that mean for mortgages If they signal cuts
• 28:56
  Speaker 3: are coming to do mortgages rates drop?
• 29:00
  Speaker 1: Yes?
• 29:00
  Speaker 5: I think they will because what happens is the banks
• 29:04
  Speaker 5: anticipate cuts down the track, and particularly for those fixed
• 29:10
  Speaker 5: term interest rates, the one and two year, three year rates,
• 29:16
  Speaker 5: you will see most likely some cuts to those rates,
• 29:21
  Speaker 5: even if the Reserve Bank stays on hold, but signals
• 29:26
  Speaker 5: that cuts are coming, perhaps as early as October.
• 29:30
  Speaker 3: Okay, well that sounds promising. We'll have to wait and see, obviously,
• 29:33
  Speaker 3: for two pm this afternoon. Asb reckons that we're effectively
• 29:37
  Speaker 3: under three percent inflation, now, I mean, obviously there's a
• 29:39
  Speaker 3: time lag with data, etc. Do you agree with that?
• 29:43
  Speaker 5: Yeah, I think I do agree with that. There is
• 29:47
  Speaker 5: very clear that inflation is coming down. Then even the
• 29:50
  Speaker 5: Reserve Bank admits that they'll be within their one three
• 29:55
  Speaker 5: percent target band by the third quarter of this year,
• 29:59
  Speaker 5: So you know, it's quite clear, and people are expecting
• 30:02
  Speaker 5: that too. Inflation expectations are coming down and they are
• 30:06
  Speaker 5: expecting things to ease off further.
• 30:09
  Speaker 3: All right, John, thanks so much for your predictions. Hold
• 30:12
  Speaker 3: from John, but expecting some language softening around cuts later
• 30:17
  Speaker 3: this year. John Karen is the Jardin economist and investment strategist.
• 30:21
  Speaker 3: It has just gone nine minutes away from six y're
• 30:23
  Speaker 3: on news Talk, said B. Interestingly, when it comes to
• 30:26
  Speaker 3: the time lag, the delay when rates were rising, people
• 30:33
  Speaker 3: had fixed at lower rates for longer, so you go
• 30:36
  Speaker 3: long and low when rates are low, and as they
• 30:39
  Speaker 3: started rising, it takes longer for that to kick in,
• 30:42
  Speaker 3: whereas now you know, people are shorter and higher. You're
• 30:47
  Speaker 3: going six months or a year, so actually the effect
• 30:51
  Speaker 3: should be more immediate on the way down than it
• 30:54
  Speaker 3: is on the way up. It is nine away from six.
• 31:01
  Speaker 7: On your radio and online on iHeartRadio. Early edition with
• 31:06
  Speaker 7: Ryan Bridge and Smith City, New Zealand's Furniture, Beds and
• 31:09
  Speaker 7: a playing Store on news Talk, said B.
• 31:11
  Speaker 3: Good morning, you're an early edition on news Talk, said B.
• 31:14
  Speaker 3: And it is six to six. Mike Hosking is here.
• 31:17
  Speaker 3: Good morning, Mike morning.
• 31:18
  Speaker 15: Quick quiz for you want to play a quiz game.
• 31:20
  Speaker 3: You okay it when you do this? Times you asked
• 31:23
  Speaker 3: me times tables and I sound stupid.
• 31:25
  Speaker 15: No, it's not timetables. It's just it's an interesting thing.
• 31:28
  Speaker 15: It's one of the most interesting pieces of news. I
• 31:30
  Speaker 15: think I've gotten the last twenty four hours. Now, if
• 31:31
  Speaker 15: you've seen the story, don't pretend you haven't seen the story,
• 31:35
  Speaker 15: so you then look like a genius. Okay, okay, because
• 31:38
  Speaker 15: this is one of those things that I think you're
• 31:40
  Speaker 15: going to be surprised. What percentage of garages in this country?
• 31:45
  Speaker 3: Oh, I haven't seen this a carpeted Oh.
• 31:49
  Speaker 15: Would you wenty twenty percent? See now, I would have
• 31:52
  Speaker 15: gone fifty to fifty personally?
• 31:53
  Speaker 3: Really? Oh yeah, absolutely, I've never even stepped foot in
• 31:57
  Speaker 3: a carpeted garage. Are you poor? Clearly?
• 32:02
  Speaker 15: So the answer the answer is the answer.
• 32:08
  Speaker 3: Why would you drive on carpet?
• 32:10
  Speaker 15: Because look, I've got carpeted garages, and I've always had
• 32:13
  Speaker 15: I've always had carpet of garages. And once you have carpet,
• 32:15
  Speaker 15: there's no there's no way back.
• 32:16
  Speaker 3: Do you know I don't even have a garage.
• 32:18
  Speaker 2: Oh no, wonder you are poor?
• 32:20
  Speaker 3: Back on the streets.
• 32:21
  Speaker 15: Oh, for goodness, say what happened to your contract?
• 32:23
  Speaker 9: To you?
• 32:23
  Speaker 15: Normally I think you must be the only Zibbie host
• 32:26
  Speaker 15: who doesn't have a garage. Now something's gone wrong there anyway.
• 32:29
  Speaker 15: The answer, the answer is ninety three percent.
• 32:33
  Speaker 3: No, it's not yes, it is. I don't believe it.
• 32:35
  Speaker 15: It's well, it's it's the So the ike of people
• 32:38
  Speaker 15: did this big survey around New Zealand, right because they're
• 32:40
  Speaker 15: coming to the country and they're working out what we
• 32:41
  Speaker 15: feel about homes. What's important? You know, what's the dream?
• 32:46
  Speaker 15: You know, renovations of a kitchen turns out.
• 32:47
  Speaker 3: To be it's a line.
• 32:48
  Speaker 15: They're lying ninety three percent. You can't lie when you
• 32:51
  Speaker 15: go to somebody's house and go do you have a
• 32:53
  Speaker 15: carpet of garage?
• 32:54
  Speaker 3: They're not going to go. So they went did they check?
• 32:57
  Speaker 15: They feel that what you now do is impugning the
• 33:01
  Speaker 15: reputation about Keia, one of the biggest global players in
• 33:04
  Speaker 15: the furniture market in the world.
• 33:05
  Speaker 3: Was there. Do you have underlay when your course you've got?
• 33:09
  Speaker 3: Of course you do.
• 33:10
  Speaker 15: Of course, of course you don't just go yes, you
• 33:14
  Speaker 15: soften it up. Have you never seen Garrett Well for
• 33:16
  Speaker 15: a person it hasn't even got a garage. I don't
• 33:18
  Speaker 15: even know why I'm talking to you about this, but
• 33:20
  Speaker 15: isn't that a stunning number? I think it's lone ninety
• 33:23
  Speaker 15: three percent?
• 33:24
  Speaker 3: Anyway.
• 33:24
  Speaker 15: The other thing the problem with houses in this country
• 33:28
  Speaker 15: is the entrance way is cluttered. The vast majority of
• 33:31
  Speaker 15: New Zealand entrance.
• 33:32
  Speaker 3: Ways you have cut and so the time on your hand. No,
• 33:35
  Speaker 3: you've got key.
• 33:36
  Speaker 15: No, this is how they're stocking their stores, right.
• 33:40
  Speaker 3: Is that?
• 33:40
  Speaker 15: What you need is something nice here in the entrance
• 33:42
  Speaker 15: way so you're not dropping your keys on the floor
• 33:44
  Speaker 15: or putting the kids.
• 33:44
  Speaker 3: Say so, you have been hoodwink by marketing genius. No,
• 33:48
  Speaker 3: I don't.
• 33:48
  Speaker 15: I am surprised at ninety three and I would be
• 33:51
  Speaker 15: tempted to agree with you that it's a stunningly large number.
• 33:55
  Speaker 15: A stunningly large number. But do you think of all
• 33:56
  Speaker 15: the new builds in this country. Most people would go
• 34:00
  Speaker 15: up and on their garage when they're doing a new build.
• 34:01
  Speaker 15: It's like heat pumps, isn't it.
• 34:03
  Speaker 9: Jeez?
• 34:04
  Speaker 3: If I had time right, we could relate their hopes.
• 34:07
  Speaker 15: We could really go down this right hole.
• 34:09
  Speaker 3: I'll see you tomorrow. Mike's next.
• 34:15
  Speaker 2: For more from News Talk st B. Listen live on
• 34:18
  Speaker 2: air or online, and
• 34:19
  Speaker 7: Keep our shows with you wherever you go with our
• 34:21
  Speaker 7: podcasts on iHeartRadio