Latest / Early Edition with Ryan Bridge / Full Show Podcast: 10 December 2024

Transcript

Full Show Podcast: 10 December 2024 · Early Edition with Ryan Bridge

0:02
Speaker 1: The issues, the interviews, the lists and the inside. Andrew
0:08
Speaker 1: Dickens on the early edition with Smith City, New Zealand's
0:12
Speaker 1: furniture Beds and apply at store us Dogs.
0:15
Speaker 2: It'd be hey, good morning to you, welcome to the program.
0:18
Speaker 2: Welcome to you Tuesday. My name is Andrew Dickins. Thank
0:20
Speaker 2: you for choosing us on the program today. Our sex
0:24
Speaker 2: ed curriculum is loose and variable and not fit for
0:27
Speaker 2: purpose according to Ero, do we need to do something
0:30
Speaker 2: about it? The PPTA president Chris Abbitt promby while on
0:33
Speaker 2: this in just moments Chris penk he's at war with
0:37
Speaker 2: the insulation industry as he tries to make building cheaper.
0:40
Speaker 2: So the minister is going to join us shortly and
0:42
Speaker 2: can we bank needs more money and the government is
0:44
Speaker 2: allowing them to find it. So is this going to
0:46
Speaker 2: work for competition? What is Operation Avelaite in Australia. Donad
0:50
Speaker 2: Demayo joins me just after five thirty and we have
0:54
Speaker 2: Massi University banking expert Claire Matthews joining us just before six.
0:58
Speaker 2: It is Tuesday, the tenth of December. You can text
1:01
Speaker 2: me on ninety two ninety two. You can email Dickens
1:03
Speaker 2: at newstoroks at b dot co dot MZ.
1:06
Speaker 1: The agenda.
1:08
Speaker 2: So Syrian president batshah Al Assad and his family have
1:13
Speaker 2: been granted asylum in Moscow after fleeing the country. Some
1:15
Speaker 2: people were trying to say that his plane crash yesterday,
1:18
Speaker 2: but obviously it didn't. He arrived. Meanwhile, in Syria, the
1:22
Speaker 2: leader of the rebel group HTS has talked about his
1:25
Speaker 2: plan for leading the country.
1:27
Speaker 3: We're not talking about rule by individuals or personal wins.
1:31
Speaker 3: It's about institutional governance. Syria deserves a governing system that
1:35
Speaker 3: is institutional, not one where a single ruler makes arbitrary decisions.
1:40
Speaker 2: So the United States says, okay, we'll work with all
1:42
Speaker 2: groups in Syria, despite cause HTS being designated a terrorist
1:46
Speaker 2: entity by the US. I think we're in a wait
1:48
Speaker 2: and see, don't you think. South Korea's president has been
1:51
Speaker 2: banned from leaving the country while he's under investigation for
1:54
Speaker 2: invoking martial law. His name is Yun Zuk Yol, and
1:58
Speaker 2: he's been named as a suspect multiple charges, including treason
2:02
Speaker 2: to America and authorities in New York and New Jersey
2:06
Speaker 2: investigating multiple sightings of large drones flying over the States
2:10
Speaker 2: over the past weeks, and some of these drones have
2:13
Speaker 2: fallen over as recently as yesterday.
2:15
Speaker 4: When you see something of this capacity, you wonder why
2:19
Speaker 4: it would be needed. What are they doing? It implies
2:23
Speaker 4: a heavy payload, and a heavy payload would be either
2:27
Speaker 4: something dangerous, but in this case surveillance of some sort.
2:32
Speaker 2: Oh yes, the deep State is watching you. Investigations so
2:36
Speaker 2: far though inconclusive, with the FBI now taking part. New
2:40
Speaker 2: Jersey's Governess says there is no threat to the public
2:44
Speaker 2: and this November was the second warmest in the world
2:47
Speaker 2: on record, global temperatures averaging fourteen point one degrees, which
2:50
Speaker 2: is quite pleasant really, even possibly a little chile, But
2:53
Speaker 2: that's the average. Remember it's only just behind November last year,
2:56
Speaker 2: which was eight degrees warmer. The result means twenty twenty
2:59
Speaker 2: four will likely be the first year where the average
3:01
Speaker 2: temperature is one point five degrees above pre industrial times.
3:07
Speaker 1: Get ahead of the headlines. Andrew Dickens on early edition
3:11
Speaker 1: with Smith City, New Zealand's furniture beds and applying store
3:14
Speaker 1: us Talk said be yes.
3:16
Speaker 2: It's nine after five. Chris Pink Chris Penk has come
3:18
Speaker 2: out against building regulations that make insulation wildly expensive if
3:22
Speaker 2: you're building or renovating. Chris Pink wants common sense over
3:26
Speaker 2: the whole build rather than restrictive rules on individual elements. However,
3:32
Speaker 2: he's backed down after pressure from the industry. Well, I mean,
3:35
Speaker 2: no one wants to kill the goose that lays the
3:37
Speaker 2: golden egg, do they. So here's a story for you.
3:40
Speaker 2: Here's a building story.
3:41
Speaker 5: You'll love it.
3:41
Speaker 2: I have a mate who's recladding and renovating his house.
3:44
Speaker 2: He wants to put in new windows. He has to
3:46
Speaker 2: have double glazing. He's okay with that, it's nice. So
3:50
Speaker 2: then he also has to have cracked adiuminium frames because
3:53
Speaker 2: you need some air going through or as a room
3:55
Speaker 2: feels like a sealed diving bell. Okay, or he's okay
3:59
Speaker 2: with that, But these windows are getting more and more expensive.
4:01
Speaker 2: And then he was told by his architect that the
4:03
Speaker 2: window needs to be tinted to prevent excessive sun heat.
4:09
Speaker 2: My friend had a look at the sample. It's ugly,
4:12
Speaker 2: as he wants clear glass. He wants to see the
4:15
Speaker 2: real colors of the garden. If the sun is too much,
4:18
Speaker 2: he help pull the curtains. But no, guess what the
4:22
Speaker 2: tinting is wildly expensive. So the architect says, when the
4:26
Speaker 2: Council building expector comes along, they may approve the clear
4:31
Speaker 2: glass windows if he put in the clear glass windows,
4:33
Speaker 2: and so everything's sweet, But then again they may not,
4:37
Speaker 2: and then tell you to rip all those clear windows
4:39
Speaker 2: out and put the tints in, because that is the
4:41
Speaker 2: rules and the regulations. And you wonder why it's so
4:44
Speaker 2: expensive to build a New Zealand. I just want a
4:47
Speaker 2: window with clear glass. They had clear glass windows in
4:51
Speaker 2: Roman times two thousand years ago. That's all I want.
4:54
Speaker 2: I don't want a tints. Richard Prebble noted in a
4:58
Speaker 2: recent column that three hundred pages of the new regulations
5:02
Speaker 2: were enacted in the last financial year ending June thirtieth,
5:06
Speaker 2: and he said, and I quote, the Coalition is creating
5:09
Speaker 2: red tape as fast as Labour ever did, including tinting windows.
5:14
Speaker 2: So it's time for all governments to start walking their
5:16
Speaker 2: talk and rationalizing the rules around daily life and New
5:19
Speaker 2: Zealand before it becomes too expensive for any of us
5:21
Speaker 2: to do anything. Chris Penk joins me in about ten
5:24
Speaker 2: minutes time, it's eleven minutes after five. I'll have some
5:27
Speaker 2: quick thoughts about the polls very shortly. But next Chris
5:30
Speaker 2: An Mercrombie on what's happening with our sex ed curriculum.
5:35
Speaker 1: News and Views you trust to start your day. It's
5:38
Speaker 1: early edition with Andrew Dickens and Smith City, New Zealand's
5:41
Speaker 1: Furniture Beds and a Flying Store Youth Talk Sidby.
5:45
Speaker 2: So we had a couple of poles out yesterday and
5:47
Speaker 2: the big views of both of them, the Courier and
5:49
Speaker 2: the Varian is that yes, Actor is up after its
5:51
Speaker 2: treaty debate, but also Yes to Party MILDI is also up.
5:55
Speaker 2: So yes, you could say the treaty debate is helping
5:57
Speaker 2: both the parties. But here's my question for you today
6:00
Speaker 2: text ninety two ninety two Are treaty issues an election changer?
6:05
Speaker 2: Are they a game changer? Because the Courier poll asks
6:07
Speaker 2: what is the most important issue and top of the
6:10
Speaker 2: vote at the moment, the cost of living topped the
6:12
Speaker 2: poll twenty two point five percent, followed by the economy
6:15
Speaker 2: at eighteen point eight percent, health at eleven point eight percent,
6:19
Speaker 2: and treaty issues down at eight point four percent. So
6:21
Speaker 2: is that making it a real election game changer? The
6:24
Speaker 2: way ACT might hope and therefore you know, is Christopher
6:27
Speaker 2: Luxen's attitude to stand back from the treaty issue a
6:31
Speaker 2: good idea or not a good idea? Your thoughts? Ninety
6:33
Speaker 2: two ninety two is the text number the Education Review officers.
6:38
Speaker 2: Our relationship and sexual health teaching is inconsistent in different
6:42
Speaker 2: schools at not meeting student needs. So they did another
6:46
Speaker 2: one of these reports back in twenty eighteen and then
6:49
Speaker 2: AERO found that schools were meeting minimum standards, but there
6:52
Speaker 2: were gaps in what was taught. Those results have been
6:54
Speaker 2: mirrored in today's report. I'm joined now to talk about
6:57
Speaker 2: this by the PPTA president Chris abberc be good morning
7:00
Speaker 2: to you.
7:01
Speaker 6: Good morning.
7:02
Speaker 2: So this is the second report to find that it's
7:05
Speaker 2: a bit loose all over a nation. Why has nothing
7:07
Speaker 2: being done about the curriculum.
7:09
Speaker 6: Well, this is an incredibly sensitive space for a lot
7:12
Speaker 6: of people, and so as the report said, you know,
7:14
Speaker 6: schools are under pressure, principles, under pressure from certain parts
7:18
Speaker 6: of their community, and so it's incredibly sensitive issue. So
7:22
Speaker 6: I think this hasn't been dealt with, but it's really
7:24
Speaker 6: clear it needs to be.
7:25
Speaker 2: Yeah, I read the reporter. It says parents and students
7:28
Speaker 2: want to learn earlier about personal safety. They're in friendships
7:31
Speaker 2: and bullying. Our parents want students to learn more about consent.
7:34
Speaker 2: Boys want to learn all topics later than girls. Fathers
7:38
Speaker 2: want less of that relationship stuff and sexuality education taught
7:42
Speaker 2: the mothers. So with so many points of view, isn't
7:45
Speaker 2: it just impossible to write a curriculum that meets with
7:47
Speaker 2: mass approval? So it should be in the hands of
7:49
Speaker 2: these schools and not a national curriculum.
7:52
Speaker 6: Well, the problem at the moment is in the hands
7:54
Speaker 6: of these schools and it's not meeting really anyone's needs.
7:56
Speaker 6: Is The report said three quarters of recent school leavers
7:59
Speaker 6: said they learn enough. So the idea of a national
8:02
Speaker 6: curriculum is that everyone knows what's expected. Everyone's got a
8:05
Speaker 6: clear understanding and what's happening. So parents could withdraw their
8:08
Speaker 6: students if they chose to, or supplement the students are
8:12
Speaker 6: learning if they chose to. So it's just giving one
8:15
Speaker 6: a clear baseline.
8:16
Speaker 2: So is there any work going into a clear baseline
8:20
Speaker 2: or are we going to end out dilly delling the
8:22
Speaker 2: way we already have between twenty eighteen and now this
8:24
Speaker 2: new report in twenty twenty four.
8:26
Speaker 6: My understanding, there's nothing on the horizon for this part
8:30
Speaker 6: of the curriculum. So we're really hoping the government takes
8:33
Speaker 6: on board these recommendations from er.
8:36
Speaker 2: Could it be too terrible, in me shock horror to
8:38
Speaker 2: suggest that perhaps forget about the schools and maybe parents
8:40
Speaker 2: should take this into their own hands.
8:43
Speaker 6: Well, I mean parents should absolutely have a key role
8:45
Speaker 6: in this, and it's really important that parents understand that.
8:49
Speaker 6: And it's a relationship between school and parents to get
8:51
Speaker 6: this right. And so the report really clearly says that
8:54
Speaker 6: some people want more, some people want less, and so
8:57
Speaker 6: it's about just making sure everyone's got a clear baseline
9:00
Speaker 6: so that parents can supplement, battle or remove these students
9:03
Speaker 6: if they choose to.
9:04
Speaker 2: Chris Amercrobi, thanks for getting up early for us. Chris
9:07
Speaker 2: is the PPTA president. Your thoughts ninety two ninety two.
9:10
Speaker 2: It is seventeen minutes after five. We have another Chris
9:12
Speaker 2: on the way, Chris Penk who took on the insulation industry.
9:16
Speaker 2: The insulation industry fought back and then he backtracked, showing
9:22
Speaker 2: you how difficult it's going to be to try and
9:24
Speaker 2: reduce some of the regulation and some of the red
9:27
Speaker 2: tape that's around the place. So we'll talk about this
9:28
Speaker 2: with Chris pink In just a few moments time here
9:30
Speaker 2: on news Talks.
9:31
Speaker 1: There be Andrew Dickens on early edition with Smith City,
9:36
Speaker 1: New Zealand's furniture bedch and applying store news Talks.
9:39
Speaker 2: It'd be It's five twenty now. The latest qv House
9:43
Speaker 2: price index has just come out at five o'clock this morning.
9:45
Speaker 2: So this is hot off the press. Housing market on
9:47
Speaker 2: track for its flattest calendar year in more than a decade.
9:52
Speaker 2: Home values grew nationally by an averageere point three percent.
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Speaker 2: Your average home in New Zealand now worth nine hundred
9:58
Speaker 2: and eight one hundred than seventy three dollars. My father
10:01
Speaker 2: would be spinning in his grave. He bought a house
10:03
Speaker 2: for twenty five grand. By the way, nine hundred and
10:06
Speaker 2: eight thousand is zero point seven percent less than at
10:09
Speaker 2: the same time last year. So is this the modest
10:13
Speaker 2: beginning of a housing market's long the way to rebound world?
10:15
Speaker 6: Not quite.
10:16
Speaker 2: I think the weight might go on for longer. Andrew
10:19
Speaker 2: Dickins five point twenty one. The government has backtracked and
10:23
Speaker 2: decided not to roll back the new insulation standards that
10:25
Speaker 2: were introduced last year. Construction Minister Chris Penk has announced
10:29
Speaker 2: a review of the H one standards after this is
10:32
Speaker 2: an insulation the H one standards. After reports came out
10:38
Speaker 2: that told them that it may building a new house
10:40
Speaker 2: cost forty to fifty thousand dollars more, there was backlash
10:45
Speaker 2: from the industry. The ministry is now going to go
10:47
Speaker 2: back to the standards and just make some slight changes
10:50
Speaker 2: to them and trying to get everybody on board. Minister
10:52
Speaker 2: for Building and Construction Chris Penk joins me, Now, hello.
10:55
Speaker 7: Chris Boring, and how are you good?
10:57
Speaker 2: It's going to be tough to actually to to fight
11:00
Speaker 2: these regulations they seem ingrained.
11:03
Speaker 7: Well, I think the point is that we need a
11:05
Speaker 7: sensible level of regulation. Usually that means we need less
11:08
Speaker 7: red tape and green tape, but actually there are ways
11:10
Speaker 7: that we can be sensible about the way that we
11:13
Speaker 7: have people meet the requirements that actually can reduce costs.
11:17
Speaker 7: But also that with that good result of a sensible
11:19
Speaker 7: level of insulation. So I think we're going to end
11:22
Speaker 7: up in a good space on this.
11:23
Speaker 2: But when you came along to the insulation industry and said, look,
11:25
Speaker 2: this is crazy, we need to rationalize this, what did
11:28
Speaker 2: they say back to you, Well, I mean, there.
11:31
Speaker 7: Are a number of different views out there, and certainly
11:33
Speaker 7: for people who sell insulation for a living, obviously they
11:36
Speaker 7: had a particular view. And so the advocates, who you know,
11:39
Speaker 7: for all the right reasons and with got intentions, always
11:42
Speaker 7: advocate for more insulation, not less as a mandated requirement,
11:47
Speaker 7: but certainly for homeowners who are fed up with paying
11:50
Speaker 7: massively increasing construction costs and those who are not homeowners
11:54
Speaker 7: that would like to be and facing those areas. You know,
11:57
Speaker 7: there was a interviews. I've taken those all into account,
12:00
Speaker 7: and as I say, I think if we can, you know,
12:03
Speaker 7: make everyone happy by having a good standard but ensuring
12:07
Speaker 7: that to be meet in a way that more flexiboord
12:09
Speaker 7: them have got currently, then everyone will be heavy.
12:12
Speaker 2: That's the word flexible. And I believe your attitude is
12:15
Speaker 2: let's look at the entire building, let's look at the
12:17
Speaker 2: whole thing rather than worrying about each individual component.
12:21
Speaker 7: Well, that's exactly right, and to be fair, the rules
12:25
Speaker 7: do currently allow for that. And there is a modeling
12:28
Speaker 7: method which is pretty much works down.
12:29
Speaker 8: But you can model what the missions are going to be,
12:32
Speaker 8: and the usergy efficiency is kind of be taking the
12:34
Speaker 8: building as a whole, and then you've got a calculation
12:37
Speaker 8: this which is similar but a bit more basic.
12:41
Speaker 7: But the thing that we're getting or looking to get wrong,
12:43
Speaker 7: and I should emphasize actually this public consultation now, but
12:47
Speaker 7: certainly I'm interested in getting rid of a suital method,
12:50
Speaker 7: which is a really proscriptive approach where the roof in
12:54
Speaker 7: the walls in the form always to have a minimum
12:57
Speaker 7: level of insulation, and it sort of locks you and
13:00
Speaker 7: to have been you know, probably as a result that
13:04
Speaker 7: that's more than is required in each of those components
13:07
Speaker 7: in effought overall. And of course what that does is
13:10
Speaker 7: pushing up the cost a lot. And it's before you
13:12
Speaker 7: get into, you know, some of the concerns about kind
13:15
Speaker 7: of lack of the equation.
13:16
Speaker 2: Yea, but it's going to be a tough war. Did
13:18
Speaker 2: you see the Richard Prebble noted in a recent column
13:20
Speaker 2: that there's two three hundred pages of new regulations enacted
13:24
Speaker 2: in the last financial year end of June thirtieth, and
13:27
Speaker 2: you were there. David Seymour has got a red tape
13:29
Speaker 2: ministry that found out the other day that there's too
13:31
Speaker 2: much red tape in their own red tape ministry. This
13:34
Speaker 2: this is A. This is a this is a huge
13:37
Speaker 2: problem for you to try and stamp out. It's like
13:39
Speaker 2: I say, it's ingrained in our psyche. Regulate, regulate, regulate, regulate.
13:44
Speaker 7: Yeah, it is. You're You're absolutely right. It is ingrained
13:47
Speaker 7: a little bit in the psyche, certainly in the Wellington
13:50
Speaker 7: where I've headed now. And and you know the danger
13:54
Speaker 7: is that we overregulate. Was the best of intention then
13:57
Speaker 7: a little bit extra here, a little bit extra there.
14:00
Speaker 7: You know, people say to me, Chris, it's a strip
14:02
Speaker 7: fist funeral dollars on top of the house.
14:07
Speaker 8: Price for you.
14:08
Speaker 7: But it does become significant.
14:10
Speaker 2: How do you eat an elephant? Chris? How do you
14:12
Speaker 2: eat an elephant? One bite at a time? And I
14:14
Speaker 2: understand that, and I thank you so much for your time.
14:16
Speaker 2: That is Chris Pink. This talks there B. It's five
14:18
Speaker 2: twenty four, the early.
14:19
Speaker 1: Edition full show podcast on iHeartRadio powered by News Talks
14:23
Speaker 1: at B.
14:25
Speaker 2: This looks at B. I'm Andrew Dickens. Wayne writes, Andrew,
14:30
Speaker 2: how about parents actually parent and teach the social skills
14:32
Speaker 2: and moral obligations and teachers do the job they're trained
14:35
Speaker 2: to reading and writing. Ye, Wayne, I think I as
14:39
Speaker 2: Sid Chris Abba Grombia, you might have heard that. Meanwhile,
14:42
Speaker 2: someone wanted me to ask Chris Pink why he hasn't
14:45
Speaker 2: built a bypass yet on State Highay sixteen, and to
14:47
Speaker 2: cure me a very good question. Indeed, I want to
14:49
Speaker 2: talk about the times when the media and the academia
14:52
Speaker 2: are their worst enemy. This weekend Sunday Star Times published
14:55
Speaker 2: a think piece of why Christopher Luxon is not popular
14:58
Speaker 2: and he's not as popular as possibly he should be.
15:01
Speaker 2: Yesterday's poll showed that Chris and the Sorry Christopher and
15:05
Speaker 2: the National Party should be better actors mopping up the Conservatives.
15:09
Speaker 2: Unhappy with Nashville anyway, So the Sunday Star Times interviewed
15:12
Speaker 2: UNI professors and their typewriters, and the article came up
15:15
Speaker 2: with answers like no one likes anyone who demands to
15:18
Speaker 2: be called Christopher, and one professor even speculated that New
15:22
Speaker 2: Zealanders have a funny attitude towards bald people. Apparently we
15:25
Speaker 2: don't like them. Could someone tell Monty beat them that?
15:28
Speaker 2: I thought the Sunday Star Times were plucking at straws
15:31
Speaker 2: there and the Nationals and Luxe's lack of popularity, I
15:35
Speaker 2: can tell you why it's called the economy stupid. That's
15:39
Speaker 2: what everything is about. These are tough times. We always
15:42
Speaker 2: blame the sitting government no matter what they inherited. But
15:46
Speaker 2: I would add that mister Luxeon has not made it
15:49
Speaker 2: easy for himself when he inherited our damaged economy. The
15:53
Speaker 2: Reserve Bank was already acting on inflation through interest rate hikes.
15:57
Speaker 2: That is the most effective lever. Squeezing private debt in
16:01
Speaker 2: the economy is the fastest thing way to slow things down.
16:05
Speaker 2: Private debts huge, much bigger than government debt, so that works.
16:10
Speaker 2: But the National Coalition then came in and kept on
16:14
Speaker 2: with their cost of living crisis solution, which was tax
16:16
Speaker 2: cuts and government spending crackdowns and layoffs. So what we
16:20
Speaker 2: had was our country having a two pronged attack on inflation,
16:24
Speaker 2: cost of living, and the economy. None of the solutions
16:27
Speaker 2: made life better in the short term. It has made
16:29
Speaker 2: everything worse. So all the people who are collateral damage
16:34
Speaker 2: believe this government are monsters. And all the people not
16:39
Speaker 2: affected who can see how this austerity, perhaps austerity overkill,
16:45
Speaker 2: will be good for the economy and the country in
16:48
Speaker 2: the medium and long term, they'll be thinking mister Luxeant
16:51
Speaker 2: and his team are heroes. So here's the thing. The
16:54
Speaker 2: government will be hoping that by the time the only
16:57
Speaker 2: pole that counts comes round in twenty twenty sive the election,
17:01
Speaker 2: that more voters will view them as heroes and not
17:06
Speaker 2: as monsters Dickens. So it's twenty nine by the way.
17:10
Speaker 2: By the way, can I actually add more to that.
17:12
Speaker 2: The last time we actually tried to raise interest rates
17:15
Speaker 2: and also have austerity was back in the nineties when
17:19
Speaker 2: Tom Brash was the governor raised the interest rates at
17:21
Speaker 2: the Reserve Bank. Ruth Richardson gave us the mother of
17:23
Speaker 2: all budgets. By the way, Ruth lasted less than three
17:26
Speaker 2: years after that, and she is not remember fondly despite
17:30
Speaker 2: all the good that the austerity did back then, and
17:32
Speaker 2: that I think is a slight warning for the mister Lux's. Hey,
17:35
Speaker 2: we're off to Australia shortly. Donna Demao is here. We
17:37
Speaker 2: got news next. This is News Talks here, b I'm
17:39
Speaker 2: Andrew Dickens.
17:40
Speaker 1: Good morning, the news you need this morning and the
17:45
Speaker 1: in depth analysis early edition with Andrew Dickens and Smith
17:49
Speaker 1: City New Zealand's furniture bids and applying store News Talk said, be.
17:54
Speaker 2: Good morning, welcome back to the program the tenth of December.
17:56
Speaker 2: I'm Andrew Dickens. So there's been three recent anti Semitic
17:59
Speaker 2: attacks at Australia. There's been an attack on a synagogue
18:02
Speaker 2: in Rippingley, an attack on a Jewish labor MP's electorate
18:05
Speaker 2: office and an incident in Sydney where a car was torched.
18:08
Speaker 2: And so now President, sorry President Prime Minister Anthony Alberisi
18:12
Speaker 2: has come up with an idea. Ton de Mayo will
18:14
Speaker 2: tell us about that idea very shortly. So the fella,
18:17
Speaker 2: the fella who wrote the piece that said or made
18:20
Speaker 2: the quote that said that Christopher Luxon demanding to be
18:23
Speaker 2: called Christopher makes him less likable to New Zealand as
18:27
Speaker 2: is a guy called Mark and he's a student, he's
18:31
Speaker 2: an a lecturer at a university. Lee has sent me
18:36
Speaker 2: a text and said, I have never heard such nonsense
18:40
Speaker 2: in my life. If his name is Christopher and he
18:42
Speaker 2: wants to be called Christopher, what's that got to do
18:45
Speaker 2: with anybody else? My son is called Daniel. He does
18:48
Speaker 2: not want to be called Danny, so why not call
18:50
Speaker 2: him Daniel? And I know, and I understand because my
18:53
Speaker 2: name is Andrew and it is well known that I
18:56
Speaker 2: hate being called Andy. You call kids, and he called
18:59
Speaker 2: it children. Andy. You can call me Andrew, thank you
19:02
Speaker 2: very much. I've always been Andrew. I've said this on
19:04
Speaker 2: air before and now everybody who doesn't like me always
19:07
Speaker 2: sends me a text or an email and it starts
19:09
Speaker 2: with hello Andy, and knowing that it bugs me, but
19:11
Speaker 2: it doesn't really bug me anymore. But yeah, I like
19:14
Speaker 2: to be called Andrew, thank you very much. I have
19:15
Speaker 2: no problem with Christopher being called Christopher, which is why
19:18
Speaker 2: I had problems with that article in the Sunday Star
19:20
Speaker 2: Times Andrew Dickens. See he said Andrew, didn't he It's
19:26
Speaker 2: twenty two to six has to go around the nation.
19:28
Speaker 2: Calum Productive from Dunedin.
19:29
Speaker 9: Hell they morning, Andrew loving it.
19:35
Speaker 2: Tell me about the new pedestrian crossings in Dunedin.
19:38
Speaker 9: Yeah, a couple of new rainbow crossings proposed for the
19:41
Speaker 9: city are being finalized by counselors today, so we'll know
19:44
Speaker 9: whether they get to go ahead. They're proposed to be
19:46
Speaker 9: painted in prominent areas in the central city, one on
19:49
Speaker 9: George Street, the other nearby on Lower Stuart Street. These
19:52
Speaker 9: designs were developed by local artists. They say that it
19:56
Speaker 9: will depict how diverse strands of the Rainbourg community buying
19:59
Speaker 9: together to bring strength. If these are approved, the crossings
20:02
Speaker 9: will have to be accommodated within and already existing one
20:05
Speaker 9: and a half million dollar Bath Street upgrade budget.
20:09
Speaker 2: Very good. How's your weather?
20:11
Speaker 9: I mainly find that some shells developed this afternoon, some
20:13
Speaker 9: possibly heavy Dunedin's high twenty two today.
20:15
Speaker 2: Great soulf Calum, give my love to Patrina. Jamie Cunningham
20:18
Speaker 2: now joins me from christ Church. Hell Allo Jamie. Morning
20:21
Speaker 2: so christiach city councilors talking about rates? Are they going
20:24
Speaker 2: to reduce them?
20:26
Speaker 10: Well, we're not sure yet, but there's calls for some
20:28
Speaker 10: caution ahead of today's rates discussion. As direction of the
20:31
Speaker 10: next annual plan is set. Staff have recommended an eight
20:34
Speaker 10: point four percent rise or a five dollars and ninety
20:37
Speaker 10: five cents weekly increase in the annual Plan twenty twenty
20:41
Speaker 10: five to twenty six. Projects such as Takaha Stadium will
20:44
Speaker 10: be completed within this plan's time frame. Mia Fum Major
20:48
Speaker 10: says the recommendations are too high, with councilors likely to
20:51
Speaker 10: add little items to the plan this week. Major says
20:54
Speaker 10: it gets out of control when you start adding multiple
20:57
Speaker 10: things together and the council needs to show restraint.
21:00
Speaker 2: Very good. How's your with her?
21:02
Speaker 10: It's another fine day down here with Westerly's turning northerly
21:05
Speaker 10: this morning and a high of twenty five.
21:07
Speaker 2: It was twenty eight yesterday, wasn't it. It was quite
21:09
Speaker 2: a hot day yesterday.
21:10
Speaker 10: Yes, yeah, yeah, I think yeah, around twenty eight. Yeah,
21:14
Speaker 10: it's been great all week.
21:15
Speaker 2: Okay, I thank you. Max Toll from Wellington where the
21:18
Speaker 2: weather's not quite so good. Hello, Max, Good morning, mister Dickens. Oh,
21:22
Speaker 2: mister Dickens. Now we're getting very formal all right. Now
21:25
Speaker 2: you've got more hospitality closures.
21:28
Speaker 5: Yeah, both sort of cool, trendy places that locals speak
21:31
Speaker 5: very highly of. We had the exclusive yesterday about this
21:34
Speaker 5: place called Myrtle Bakery on Kent Terrace, very close to
21:37
Speaker 5: the Embassy Cinema. Highly regarded. In fact, last week it
21:41
Speaker 5: was named best bakery in the city at the local
21:43
Speaker 5: Hospital Awards. They've run into some issues with their landlord,
21:47
Speaker 5: but at this point they're not looking to reopen anywhere else.
21:51
Speaker 5: And this morning we've also got the story about Mabel's,
21:54
Speaker 5: a Burmese restaurant literally just opposite our building on Tory
21:58
Speaker 5: Street that's been running since the start of twenty twenty two.
22:01
Speaker 5: No reason given for them closing, but earlier this year
22:04
Speaker 5: they did talk. Their owner talked about the issue of
22:06
Speaker 5: rising costs, the unpredictable nature of the industry and just
22:10
Speaker 5: going back to myrtle though a real dearth emerging in
22:13
Speaker 5: terms of bakeries in the capital. This year also brought
22:15
Speaker 5: the closure of the Bordeaux and Pandoro Cafes bakeries, of
22:20
Speaker 5: which there were three each. Tough work in hospitality at
22:23
Speaker 5: the moment.
22:23
Speaker 2: All right, how's your weather should be?
22:25
Speaker 5: Mainly fine? Northerlys twenty the high in the CBD, Thank.
22:29
Speaker 2: You so much, Maxidus nineteen to six. Good morning, neither
22:31
Speaker 2: letten many.
22:32
Speaker 11: Good morning.
22:33
Speaker 2: So there's a bridge down and when you're quarter that
22:34
Speaker 2: broke that bridge? Yes, apparently it might reopen this week.
22:38
Speaker 11: Yes, could reopen, that's the keyword. Could, let's hope. So
22:43
Speaker 11: particularly for all those businesses who you know it's been
22:46
Speaker 11: tough for them since it closed, or you know it
22:48
Speaker 11: was forced to close back in March, so what we know,
22:51
Speaker 11: and for those outside of Auckland, just to refresh your
22:54
Speaker 11: memory that this bridge can accept. Area with the viaduct
22:57
Speaker 11: has been closed since March for repairs and it's twenty
23:00
Speaker 11: minute walk so Auckland Council's Property management arm Ekipanuku is
23:04
Speaker 11: hoping to reopen it by Friday now apparently initially it'll
23:10
Speaker 11: open between seven thirty am and eleven thirty pm. This
23:13
Speaker 11: is to test how it operates in live conditions. There's
23:17
Speaker 11: been about one hundred and forty thousand people. They've jumped
23:19
Speaker 11: on board that fairy because remember they put the ferry
23:21
Speaker 11: in and that's been you're not talking what's going on?
23:24
Speaker 2: Oh I'm grumping and fuming about that bridge. Oh I
23:27
Speaker 2: know that bridge was a temporary bridge. There was a
23:29
Speaker 2: better plan for a much more permanent and more more
23:32
Speaker 2: sturdy bridge business back during the Rugby World Cup twenty eleven,
23:35
Speaker 2: but we didn't do it. We did a cheap we
23:37
Speaker 2: put in a temporary bridge, saying oh, we'll do it later,
23:39
Speaker 2: and then they went, oh no, let's just keep on
23:40
Speaker 2: maintaining it so it never to be. The costs blowout,
23:43
Speaker 2: it never to be, and now we spend tens of
23:45
Speaker 2: millions to fix it up and now we're going to
23:47
Speaker 2: get a new bridge. No, we're just going to keep
23:48
Speaker 2: on fixing the old temporary full down bridge.
23:51
Speaker 11: So fingers crossed that it does open on Friday. That's
23:53
Speaker 11: all I've got to say, especially for those businesses. I mean,
23:55
Speaker 11: you know our reporters here, they've been speaking to the
23:57
Speaker 11: Conservatory bar and restaurant director Tricky Hartly. You know their
24:01
Speaker 11: revenue's been down sixteen percent.
24:03
Speaker 2: Shocking, shocking. How's our weather showers.
24:06
Speaker 11: Clearing early morning, fight spells increasing this afternoon high twenty
24:09
Speaker 11: one be caller for us here in Auckland today.
24:11
Speaker 2: That's why you're wearing a lead the jacket. I thought
24:14
Speaker 2: it's about fourteen degrees, but I can hear it creaking
24:17
Speaker 2: when you're reading the New York Yeah, can you really
24:20
Speaker 2: a kid?
24:23
Speaker 1: New Souls you've been international correspondence with ends and eye insurance,
24:27
Speaker 1: peace of mind for New Zealand business.
24:30
Speaker 2: At the court of the Section of Donna Toneyo joins me, Hello, Donna,
24:34
Speaker 2: good morning.
24:34
Speaker 6: How are you.
24:35
Speaker 2: I'm very good. So we've had three attacks on Jewish
24:38
Speaker 2: targets in Australia. So Anthony Albanezi has come up with
24:41
Speaker 2: an idea what is.
24:42
Speaker 12: It the Australian Federal Police Task Force and now this
24:45
Speaker 12: is going to investigate these recent incidents of which you
24:48
Speaker 12: speak of anti Semitism. Now there's been an arson attack
24:52
Speaker 12: at a synagogue in Melbourne. That's the most recent incident.
24:54
Speaker 12: Three suspects are now being hunted over what is being
24:58
Speaker 12: described as a suspect did terror incident.
25:01
Speaker 13: That's how police are describing it.
25:03
Speaker 6: Now.
25:03
Speaker 12: The task course will be called Operation Avalite and its
25:06
Speaker 12: prime objective is to combat anti Semitism. The Prime Minister
25:09
Speaker 12: reference the task force and introducing that and putting that together.
25:15
Speaker 12: Now these three recent attacks. Also, besides the attack on
25:19
Speaker 12: the synagogue, there was an attack on Jewish labor MP
25:22
Speaker 12: Josh Bourne's electoral office and also the third incident, a
25:26
Speaker 12: car was torched and buildings vandalized with anti Israeli messages
25:31
Speaker 12: Israel message sorry. In Sydney, the AFP Commissioner, Reese Kershaw
25:35
Speaker 12: says police will have expanded powers to investigate, made up
25:39
Speaker 12: of a squad of twenty one counter terrorism investigators who
25:43
Speaker 12: will focus on threats and violence and hatred. We also
25:47
Speaker 12: heard from the Commissioner saying that unfortunately today those of
25:50
Speaker 12: Jewish ethnicity or religion are being targeted because of who
25:54
Speaker 12: they are. This is a crime and this needs to stop.
25:57
Speaker 6: He said.
25:57
Speaker 12: The AFP will not tolerate crimes at undermine Australia's security
26:01
Speaker 12: or way of life.
26:02
Speaker 2: Okay, I've been looking up whatever Light means, because that's
26:06
Speaker 2: an operations name, and Everlight was a city in Somalia,
26:09
Speaker 2: and otherwise it's quite it's it's quite a very obtuse
26:14
Speaker 2: name for a task for so don't you think you know?
26:16
Speaker 12: Also I looked it up and I didn't get very
26:19
Speaker 12: far either in regard to trying to figure out why
26:22
Speaker 12: it's called.
26:22
Speaker 2: That strange stuff. Let's go to Melbourne. The university there
26:27
Speaker 2: has to replace seventy two million dollars to staff.
26:29
Speaker 12: Why well, this is one of Australia's top universities and
26:34
Speaker 12: the Fair Work Commitsman has made this order because it well,
26:38
Speaker 12: the institution admitted to underpaying quite a number of academics.
26:42
Speaker 12: It impacted more than twenty five thousand staff over a
26:47
Speaker 12: decade and it's been called unlawful conduct. Now, there was
26:51
Speaker 12: a legal action which has been dropped against the university
26:55
Speaker 12: by the Ombudsman. This action is the legal action and
27:00
Speaker 12: began in twenty twenty three. So that's been dropped now.
27:02
Speaker 12: But that's a hefty amount I have to pay back.
27:05
Speaker 12: It was over about ten years from twenty fourteen right
27:07
Speaker 12: through to twenty twenty four these underpayments happened, and it
27:10
Speaker 12: happened across all faculties and campuses, and the union says, well,
27:15
Speaker 12: at least it finally brings justice to all the staff
27:18
Speaker 12: that were impacted.
27:19
Speaker 2: Dona, thank you for your time. It is now twelve
27:21
Speaker 2: to six Andrew dickens. So we've got an update to
27:25
Speaker 2: the banking environment in New Zealand the government is looking
27:28
Speaker 2: to inject Kiwi Bank with five hundred million dollars in
27:31
Speaker 2: capital to i quote disrupt the status quote kie Weibank's
27:36
Speaker 2: parent company, Kiwi Group Capital and Treasury have been instructed
27:40
Speaker 2: to talk to potential investors, but the government has ruled
27:43
Speaker 2: off actually selling its Kii bang chaares to the public.
27:46
Speaker 2: And IPO massive university banking expert Clear Matthews joins me. Now,
27:50
Speaker 2: hello Clear Marianna.
27:52
Speaker 14: Andrew, So, good move. It's an interesting move. It's not up,
27:59
Speaker 14: it's not an unexpected move. It's where it's going to
28:02
Speaker 14: really make a difference as something that we will wait
28:05
Speaker 14: to see.
28:06
Speaker 2: Well, that's a nothing answer. And why did you cackle?
28:12
Speaker 14: Because the government is pushing us very much as it's
28:16
Speaker 14: going to make a huge difference to competition, and I'm
28:18
Speaker 14: struggling to see that it really will make that much
28:20
Speaker 14: of a.
28:20
Speaker 2: Difference, because it's just an extra five hundred million dollars
28:23
Speaker 2: on the balance sheet, which won't when you're competing with
28:25
Speaker 2: other banks that have billions and billions and billions.
28:29
Speaker 14: Yeah, I mean, five hundred million is obviously not a
28:31
Speaker 14: small amount of money. But the government has indicated that
28:34
Speaker 14: we'll enable it to do four billion dollars worth of
28:37
Speaker 14: business leaning or ten billion dollars of home lending. And
28:41
Speaker 14: at the moment, the banks between them have've got a
28:42
Speaker 14: total of just under four hundred or around four hundred
28:46
Speaker 14: and ninety billion dollars worth of leanding. So that amount
28:50
Speaker 14: of additional leanding is really quite a drop in the bucket,
28:54
Speaker 14: and you've got a question how much of a difference
28:55
Speaker 14: that can make to the competitive environment.
28:58
Speaker 2: Okay, now, the left, let let's talk another part to it.
29:01
Speaker 2: The left is squealing that this is a part privatization,
29:03
Speaker 2: which I think is true. This is not taxpayers money,
29:06
Speaker 2: broadening the capital base, but don't appeal to private investors.
29:10
Speaker 2: So will this appeal to those private investors to invest.
29:15
Speaker 14: You'd really have to ask the private investors. It's going
29:17
Speaker 14: to depend on the conditions and the terms associated with
29:21
Speaker 14: the issue of the capital. What return are they going
29:24
Speaker 14: to get? What are the options associated with that. One
29:28
Speaker 14: of the key things is it does appear.
29:30
Speaker 6: To be.
29:32
Speaker 14: What they call a put option, so the investors are
29:36
Speaker 14: going to have the right to sell those shares back
29:38
Speaker 14: to the government as a proposed IPO doesn't go ahead,
29:42
Speaker 14: so they're talking about making an IPO whereby the public
29:46
Speaker 14: could buy shares. I think the public would have an
29:49
Speaker 14: interest in buying shares where that private investors would. But
29:52
Speaker 14: if they know that they're going to be able to
29:53
Speaker 14: get rid of them in a couple of years time,
29:56
Speaker 14: either to the government or to private investors, then maybe
30:00
Speaker 14: that's attractive. But it will depend on the terms exactly,
30:02
Speaker 14: and they may be able to lock in some really
30:04
Speaker 14: good terms that which case you've got to say, is
30:07
Speaker 14: that good for the government?
30:08
Speaker 2: Well, leaving out that IPO is interesting, they say it's
30:11
Speaker 2: because of technical reasons that they haven't finished the computerization
30:14
Speaker 2: of kiwibank or something like that, so the IPO couldn't
30:17
Speaker 2: happen until twenty twenty eight, So is that actually smart?
30:20
Speaker 2: Was that forced by necessity? And the fact is, no
30:22
Speaker 2: one is going to invest in some shares in five
30:26
Speaker 2: hundred million dollars of extra capital if they can't on
30:29
Speaker 2: sell at a later date at a market price and
30:32
Speaker 2: not to a government.
30:35
Speaker 14: I know, they might be happy to have a guarantee
30:37
Speaker 14: that they can sell back to the government. So that
30:39
Speaker 14: doesn't necessarily mean that they have to be able to
30:41
Speaker 14: sell to the public, but they do want to be
30:42
Speaker 14: able to sell because they don't want to be stuck
30:44
Speaker 14: with them. I personally don't understand why they have to
30:49
Speaker 14: complete the digital change over in order to do the IPO,
30:53
Speaker 14: but you know, maybe there's something I'm missing there. But
30:57
Speaker 14: investors want to have a way out. They so the
31:01
Speaker 14: government might be happy to have no way out, but
31:05
Speaker 14: for investors, they need to be able to know that
31:06
Speaker 14: if the time comes and they want to sell the
31:08
Speaker 14: shares for some reason, they've got to be able to
31:10
Speaker 14: do that.
31:11
Speaker 6: Okay.
31:12
Speaker 2: In your opinion, is our banking environment does it need
31:17
Speaker 2: a revamp? Because this is a common talking point, and
31:20
Speaker 2: yet we have many bangs. We have competition, They are
31:24
Speaker 2: running businesses, their margins are not excessive.
31:28
Speaker 14: Well, that's the problem. Some people think they are excessive.
31:30
Speaker 14: It's just that they make large amounts of money and
31:32
Speaker 14: it sounds terrible because it sounds like they're making all
31:36
Speaker 14: this money off New Zealanders, but in reality they need
31:39
Speaker 14: to make a return because if they're not making a
31:41
Speaker 14: satisfactory return for the capital that they've got investors, they're
31:44
Speaker 14: not going to continue to operate. And they do spend
31:47
Speaker 14: a lot of money in New Zealand as well as
31:49
Speaker 14: those operations in terms of the profits they're making, they
31:52
Speaker 14: spend a lot of money to make that and most
31:54
Speaker 14: of that comes into the New Zealand economy.
31:56
Speaker 2: Thank you so much, Claire, doctor Claire Matthews, who is
31:59
Speaker 2: the Associate Professor Banking at Massy University. And remember these
32:02
Speaker 2: are not Australian banks. In fact, the Australian banks have
32:05
Speaker 2: owners as well. There's always a bigger fish. As they
32:07
Speaker 2: said in Star Wars, it is seven minutes to six
32:11
Speaker 2: News Talks. He'll be Heather's in in a moment.
32:16
Speaker 1: The first Word on the News of the Day Early
32:19
Speaker 1: edition with Andrew Dickens and Smith City, New Zealand's Furniture
32:22
Speaker 1: Beds and Appliant Store. You talk saidy had.
32:26
Speaker 2: The duc Allen is here after six o'clock this morning,
32:28
Speaker 2: and she will have the Prime Minister Christopher Luxem.
32:33
Speaker 13: He's dropped that though, hasn't he. I think he's he's
32:35
Speaker 13: trying to switch, see. I think he started switching to
32:38
Speaker 13: the Chris Luxon, but unfortunately the Christopher Luxeon's already stuck
32:41
Speaker 13: an Atte.
32:41
Speaker 2: He said it. Once you say it once, you know
32:43
Speaker 2: one goat it just sticks, you know, so's he said it.
32:47
Speaker 2: It's not an issue for me. I'm an Andrew. I
32:49
Speaker 2: don't ever call me and Andy. And I've said that,
32:51
Speaker 2: why because Andy's what a child is called. Whe is
32:53
Speaker 2: a kid's name? Andy?
32:54
Speaker 6: Hey?
32:54
Speaker 2: Andy? How are you scratch you on the head? What's
32:56
Speaker 2: Barry's real name?
32:57
Speaker 13: Barry?
32:58
Speaker 2: Really? Yeah, he's not barr Rington. Barrington sober no. If
33:02
Speaker 2: he was Barrington, that would be a better name for
33:04
Speaker 2: a political editor.
33:05
Speaker 9: Well, I think it.
33:05
Speaker 13: Would name to a human, frankly.
33:07
Speaker 2: Sir Barrington sober no.
33:09
Speaker 13: But but Andrew, hang, I reckon that this shows that
33:12
Speaker 13: there's some emotion. You've got some emotional blocks going on here.
33:15
Speaker 2: Because yeah, oh no, what about Andrew?
33:18
Speaker 13: Yeah, because somebody referring to you by a nickname is
33:21
Speaker 13: a form of endearment. It means that they really like you.
33:23
Speaker 13: What you're doing is you're creating an emotional distance between
33:26
Speaker 13: yourself and the people around you.
33:27
Speaker 2: I as show you my texters. Yeah, who now know
33:29
Speaker 2: the secret?
33:30
Speaker 6: Yeah?
33:30
Speaker 2: If they don't like me, what are you talking about?
33:33
Speaker 2: And it's just an excellent needle.
33:36
Speaker 13: I think it's nice. I think it's nice to have nicknames.
33:38
Speaker 13: I reckon Christeny's. In fact, I think I think he
33:41
Speaker 13: needs to lean into it. Although on that subject, because
33:43
Speaker 13: you were talking about that article that came out at
33:45
Speaker 13: the weekend, apparently baldness is a superpower.
33:47
Speaker 2: Which I quite enjoyed. M Steve wrote to me this morning. Morning, Andrew,
33:51
Speaker 2: I do think Laxon's shaved head is a turn off?
33:55
Speaker 13: Yeah, because I well there's something, there's something kind of
33:57
Speaker 13: a little but it's because it's shiny.
34:00
Speaker 2: We talked about how from there tell the rock there.
34:03
Speaker 13: Yeah, but they're not running for prime minister, are they.
34:05
Speaker 13: They're doing it for aerodynamic reasons, aren't they.
34:08
Speaker 2: It's going to be a great shape. Christopher Lexon here
34:10
Speaker 2: do and producer Leo, thank you so very much for
34:14
Speaker 2: My name is Andrew Dickens Kiss what I'm going to
34:16
Speaker 2: be back again tomorrow, I think.
34:20
Speaker 1: Listen for more from Early Edition with Ryan Bridge, Listen
34:28
Speaker 1: live to News Talks it Be from five am weekdays,
34:31
Speaker 1: or follow the podcast on iHeartRadio