Latest / Early Edition with Ryan Bridge / Full Show Podcast: 12 November 2024

Transcript

Full Show Podcast: 12 November 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, Bands and a playing store newstalgs dB.
• 0:16
  Speaker 2: Good morning, it is six after five year old news
• 0:18
  Speaker 2: Talk said be welcome for four to six this morning,
• 0:21
  Speaker 2: our lead interview, the government apology to those abused in state.
• 0:25
  Speaker 2: Here is happening today. Ponterra looks like it's selling its
• 0:28
  Speaker 2: Anka Carpany brands, things like that. Who's going to buy them?
• 0:32
  Speaker 2: Plus Australia is struggling to figure out what the truth is.
• 0:36
  Speaker 2: I'll tell you more about that later in the show.
• 0:38
  Speaker 2: Plus supposedly sexist Donald Trump appoints another woman to a
• 0:43
  Speaker 2: top job.
• 0:45
  Speaker 3: The agenda.
• 0:46
  Speaker 2: But it's Tuesday, the tenth of November. Japan's Prime Minister
• 0:49
  Speaker 2: Shigeru Iseshiba will stay in the top job this after
• 0:53
  Speaker 2: he won a vote in parliament he was required to
• 0:55
  Speaker 2: have one. Remember after the election, it's been less than
• 0:58
  Speaker 2: thirty days. The coalition government lost the majority it held
• 1:01
  Speaker 2: for twelve years after that snap election that he called
• 1:04
  Speaker 2: bad idea that was at the start of October. But
• 1:07
  Speaker 2: he's held in there. Cheers in private US prison companies
• 1:11
  Speaker 2: have risen this after Donald Trump announced Tom Hoeman will
• 1:15
  Speaker 2: be in charge of all deportation of illegal aliens back
• 1:18
  Speaker 2: to their country of origin. This is the borders are
• 1:22
  Speaker 2: He's a Fox News contributor to this guy. Meanwhile, the
• 1:25
  Speaker 2: races on for who will be the next Senate majority
• 1:27
  Speaker 2: leader after Republicans flipped it in the election. Rick Scott,
• 1:30
  Speaker 2: he's your rich senator that Elon Musk is backing. He's
• 1:33
  Speaker 2: the pick.
• 1:33
  Speaker 4: I'm very optimistic. I believe I'm going to win, you know,
• 1:37
  Speaker 4: doing in corner and our friends. Here's where I bring
• 1:40
  Speaker 4: to the teaple. I clearly believe in the Trump agenda.
• 1:44
  Speaker 4: Number one. I need business guy that has success doing
• 1:48
  Speaker 4: exactly what we need to do in the Senate.
• 1:50
  Speaker 2: Sounds like he's got the job. The timing of germans
• 1:53
  Speaker 2: expected election could be delayed because of a lack of
• 1:56
  Speaker 2: paper for the ballots. We told you last week the
• 1:59
  Speaker 2: government collapsed up for Chancellor Ola Schultz, fied, a key minister.
• 2:02
  Speaker 2: If a vote of no confidence goes ahead and the
• 2:04
  Speaker 2: opposition once one, he'd probably lose. This means new elections
• 2:09
  Speaker 2: early next year. Now. The head of the Electoral Commission,
• 2:11
  Speaker 2: Ruth Brand, says it's bad timing because quote, we have
• 2:15
  Speaker 2: Christmas and then New Year, and then there might not
• 2:18
  Speaker 2: be enough paper available for the documents to be printed.
• 2:22
  Speaker 2: There has been a backlash to her comments, and Poland
• 2:24
  Speaker 2: has offered to sell them some paper. An eighteen year
• 2:27
  Speaker 2: old park worker has died while working to extinguish a
• 2:30
  Speaker 2: wildfire in New York.
• 2:31
  Speaker 5: It's heart breaking, It's very unfortunate.
• 2:33
  Speaker 3: You know.
• 2:34
  Speaker 6: Wildland fire floting is one of the most dangerous jobs
• 2:37
  Speaker 6: someone can have.
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  Speaker 2: It's ten percent contained at the moment, burning through more
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  Speaker 2: than three thousand acres, one of several wide wildfires burning
• 2:44
  Speaker 2: across the northeast of the United States.
• 2:48
  Speaker 6: Get ahead of the headlines, Ryan Bridge you for twenty
• 2:51
  Speaker 6: twenty four on early edition with Smith City, New Zealand,
• 2:55
  Speaker 6: furniture beds and a playing at store news talks.
• 2:57
  Speaker 2: It'd be more evidence that owes are bad and social
• 3:01
  Speaker 2: media is anything but social. This is a study from
• 3:04
  Speaker 2: Age Concern and a fifty nine percent of participants. This
• 3:08
  Speaker 2: is people over the age of sixty five, so nearly
• 3:11
  Speaker 2: sixty percent had recently felt lonely or socially isolated. Nothing
• 3:17
  Speaker 2: surprising there, We know older people do get lone thirty
• 3:20
  Speaker 2: percent experience loneliness often or always, which is sad. Seventy
• 3:26
  Speaker 2: five percent of lonely older adults used social media doesn't help.
• 3:32
  Speaker 2: In fact, if you had social media, you were more
• 3:35
  Speaker 2: likely to feel more lonely. So it's almost like you're
• 3:39
  Speaker 2: looking out the window and you can see what other
• 3:42
  Speaker 2: people are doing. It looks like everybody else is having
• 3:44
  Speaker 2: a good time, and you're sitting in there at home alone,
• 3:47
  Speaker 2: feeling more lonely because of it. So just throw the
• 3:50
  Speaker 2: phone out the window. I would say, It's funny, isn't it,
• 3:54
  Speaker 2: Because yesterday we talked about diabetes and how bad that is,
• 3:58
  Speaker 2: and the rates are going up. And we're just weird species,
• 4:02
  Speaker 2: aren't we. We're human beings. We're innately lazy. You know.
• 4:07
  Speaker 2: We give us more choice and more freedom and phones
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  Speaker 2: and access to information and all the food in the world,
• 4:12
  Speaker 2: you know, more information, more choice, and more freedom than
• 4:15
  Speaker 2: we have ever had in our history. And what do
• 4:18
  Speaker 2: we do with the wealth and the things? We eat
• 4:20
  Speaker 2: ourselves to death. We stay on the couch, we look
• 4:23
  Speaker 2: at our screens, and we leave poor old granny to
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  Speaker 2: fend for ourself. It's a sad little world we live in,
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  Speaker 2: isn't it. Anyway, that's a happy thought for your Tuesday.
• 4:31
  Speaker 7: Ten after five, Ryan Bridge, here's some good news if
• 4:38
  Speaker 7: you own bitcoin, do the price is still surging after
• 4:41
  Speaker 7: Trump came in eighty two thousand dollars.
• 4:44
  Speaker 2: They have served two overnight. In addition, the dollar in
• 4:46
  Speaker 2: the US is still strong. Stocks are on track to
• 4:49
  Speaker 2: continue their record run. Shares of Tesla and Trump Media
• 4:54
  Speaker 2: have both risen sharply after the bell this morning over
• 4:58
  Speaker 2: in New York, along with the banks as well. They're
• 5:01
  Speaker 2: also having a good time. Eleven minutes after five, We're
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  Speaker 2: going to look at that Fonterra potential sale of those
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  Speaker 2: Fonterra brands. Right after this.
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  Speaker 6: News and Views you trust to start your days early
• 5:25
  Speaker 6: edition with Ryan Bridge and Smith City, New Zealand's Furniture
• 5:28
  Speaker 6: Beds and a Flying Store.
• 5:30
  Speaker 2: News Talk said, be thirsting after five on news Talk
• 5:32
  Speaker 2: said b tom Holm. And the guy I mentioned just
• 5:34
  Speaker 2: a few minutes ago who served in Trump's last administration.
• 5:38
  Speaker 2: Trump has now picked him to be his quote border czar.
• 5:42
  Speaker 2: He's going to be responsible for deporting these so called
• 5:45
  Speaker 2: illegal immigrants into the United States. He has told Democrats
• 5:49
  Speaker 2: to get the hell out of our way. We have
• 5:52
  Speaker 2: a mandate to make this change, he also says, revealing
• 5:55
  Speaker 2: on Fox News, where he's been a contributor for about
• 5:58
  Speaker 2: four years. He also said on Fox News is that
• 6:00
  Speaker 2: he has received death threats since his job was announced overnight.
• 6:06
  Speaker 3: I've been often grid for three days.
• 6:07
  Speaker 8: It's because I couldn't handle all the phone cars and
• 6:10
  Speaker 8: plus of the death threst rulin. And my family's not
• 6:14
  Speaker 8: at home right now because that's starting. But now that's
• 6:17
  Speaker 8: something we're gonna deal with. The I can bully me away,
• 6:19
  Speaker 8: theyre I can shut me up, then I can make
• 6:21
  Speaker 8: me go away. This is the biggest national security vulnerability
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  Speaker 8: this nation is since is ninety eleven.
• 6:26
  Speaker 3: We have to fix it.
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  Speaker 2: Rich Fonterra has confirmed it's going to sell some consumer businesses,
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  Speaker 2: including brands like Anchor, Mainland and Carpety. The sale could
• 6:35
  Speaker 2: potentially bring in billions for the dairy co Op put
• 6:37
  Speaker 2: it up to three billion. To decide how to sell
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  Speaker 2: the businesses, either through a direct sale or an IPO,
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  Speaker 2: all cards are kind of on the table. Matt Montgomery
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  Speaker 2: is with Forsyth Bar. He's a senior analyst equities there. Matt,
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  Speaker 2: good morning, come on, No, thanks for having me, Thanks
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  Speaker 2: so much for being with me. First of all, who
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  Speaker 2: do you think would buy this?
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  Speaker 5: Yeah? Water, A lot of water's going to the bridge.
• 7:02
  Speaker 5: Clearly they see yesterday they've received meaningful buyer interest in
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  Speaker 5: the businesses and as you mentioned, that's either through there
• 7:11
  Speaker 5: were trades and if that was the case, I would
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  Speaker 5: expect it to be the more akin to the large
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  Speaker 5: dairy companies like Nestle to known Black Palace or they
• 7:21
  Speaker 5: have also mentioned an IPO. And the other thing I'd
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  Speaker 5: add is there could be multiple buyers that play here too.
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  Speaker 5: There's every chance it's not cut into one one large sale.
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  Speaker 5: There could be multiple buyers.
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  Speaker 2: So you could have Meslade taking Cappity and then another
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  Speaker 2: big boy.
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  Speaker 7: Wow.
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  Speaker 5: Maybe not quite that level of granularity, but they are
• 7:43
  Speaker 5: talking about Australia, then the consumer brands and some businesses
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  Speaker 5: in Sri Lanka, so there are different ways that it
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  Speaker 5: could be cut.
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  Speaker 2: Yeah. What are the benefits of an IPO.
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  Speaker 5: Yeah, I think the important thing there from a point
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  Speaker 5: of view, would be able to continue to have judgment
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  Speaker 5: and access of those key businesses for New Zealanders and
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  Speaker 5: shareholders alike. It's clearly been a relatively denying period in
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  Speaker 5: the listed market for i PO so that would be helpful.
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  Speaker 5: Whereas if there was a trade salf and you could
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  Speaker 5: envisage that possible buyers, there could be reasonable synergies for
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  Speaker 5: those businesses through sales and distribution where they already have
• 8:31
  Speaker 5: quite established networks globally.
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  Speaker 2: Why did we why did Fonterra, I should say, invest
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  Speaker 2: in and start and purchase some of these businesses in
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  Speaker 2: the first place. What was the theory?
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  Speaker 5: The idea was to shift the strategy towards value our
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  Speaker 5: products and to realize more value per drop of milk
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  Speaker 5: for farmers. Essentially, I think ultimately, if we look back
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  Speaker 5: through time, the human businesses haven't delivered the level of
• 9:02
  Speaker 5: returns and earnings that view that farmers and shareholders would
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  Speaker 5: intimately expect. And that's a combination of challenges to operate
• 9:11
  Speaker 5: three different milk pools. If you think about Frontier's business
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  Speaker 5: with food service, ingredients and consumer and also just lack
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  Speaker 5: of scale when you're looking to launch a number of
• 9:23
  Speaker 5: brands and a number of different jurisdictions around the world,
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  Speaker 5: it creates challenges with respect to the level the cost
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  Speaker 5: space that you need to invest in the business for
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  Speaker 5: the revenue that you can generate. So we think focusing
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  Speaker 5: on the core business be it food service and ingredients,
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  Speaker 5: as were in Frontier's Future Best Lives?
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  Speaker 2: Was value add a fad because we were told, weren't
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  Speaker 2: we that we needed to add value to the still
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  Speaker 2: told actually we need to add value to our you know,
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  Speaker 2: our commodities and order that we get ahead as a country,
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  Speaker 2: et cetera. Is this shown that perhaps the experiment hasn't worked.
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  Speaker 5: Yeah, I wouldn't have had the fam I mean, the
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  Speaker 5: other companies have been successful. But yeah, like I say,
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  Speaker 5: there is Fontierra haven't been as successful as they would
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  Speaker 5: like through a number of years now. It hasn't just
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  Speaker 5: been one or two challenging periods. It's been a prolonged
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  Speaker 5: period of time. But it has worked for other businesses,
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  Speaker 5: and that's why we see other buyers as ultimately better
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  Speaker 5: owners of these brands.
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  Speaker 2: Potentially three billion dollars. What happens to the money they
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  Speaker 2: sell them?
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  Speaker 5: Yeah? Fontierra has stated that they're targeting a significant capital
• 10:40
  Speaker 5: return if you look at Fontira's balance sheets, and a
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  Speaker 5: very good, very good chance, as good as it ever
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  Speaker 5: has been. So you know, we would expect the large,
• 10:51
  Speaker 5: large majority of the capital returns to ultimately be returned
• 10:55
  Speaker 5: to farmers through probably a special dividend of some kind.
• 11:01
  Speaker 2: Thanks so much for your time. Matt Montgomery, who's the
• 11:03
  Speaker 2: Forsyth Bar senior analyst Equities with us talking about the
• 11:06
  Speaker 2: sale of fon Terra's well potential sale and it would
• 11:09
  Speaker 2: be some time in the future, potentially a year before
• 11:12
  Speaker 2: this goes ahead of its consumer businesses. Brands like Anchor
• 11:16
  Speaker 2: Mainland Carpety are worth up to three billion bucks. Nineteen
• 11:19
  Speaker 2: after five, Y're on news Talks. He'd be it is
• 11:22
  Speaker 2: a big day Trodden Cup date in christ Church today.
• 11:25
  Speaker 2: We'll look at that.
• 11:26
  Speaker 6: Next Ryan Bridge New for twenty twenty four on early
• 11:32
  Speaker 6: edition with Smith City, New Zealand's furniture beds and a
• 11:35
  Speaker 6: playing store.
• 11:36
  Speaker 3: News Talk zidby.
• 11:37
  Speaker 2: Twenty one after five, Welcome to you Tuesday morning. A
• 11:39
  Speaker 2: big jet plane land in Auckland yesterday. I'll tell you
• 11:42
  Speaker 2: more about that shortly. Who was in it? Why is
• 11:46
  Speaker 2: everyone talking about it right now?
• 11:47
  Speaker 5: Though?
• 11:47
  Speaker 2: It's the New Zealand Trodden Cup date at Addington Raceway
• 11:50
  Speaker 2: and christ Church today. The races are a big event
• 11:52
  Speaker 2: in the city's calendar, with hope it'll bring in plenty
• 11:54
  Speaker 2: of visitors and terrorism. Jake McClellan's a christ Church counselor.
• 11:58
  Speaker 2: He's with us this morning. Jacob morning, good morning. How's
• 12:01
  Speaker 2: how's your looking? I'm good? Thank you.
• 12:04
  Speaker 9: Yeah, look it's it's looking like it's going to be
• 12:07
  Speaker 9: an all right day. But I mean, regardless, it's going
• 12:12
  Speaker 9: to be it's going to be a great day. Obviously,
• 12:15
  Speaker 9: Tuesday is the biggest, the biggest Cup and show week
• 12:19
  Speaker 9: event on the calendar.
• 12:21
  Speaker 2: It looks like it's going to be a great one.
• 12:23
  Speaker 2: Tell me about the races today, what's happening and who's
• 12:26
  Speaker 2: going to win? What's your picks?
• 12:27
  Speaker 9: Oh jeez, no, I'm I'm not getting down to the
• 12:30
  Speaker 9: races today, so I can't say I'm going to take
• 12:32
  Speaker 9: a punt.
• 12:33
  Speaker 3: I'll prospect a few, suspect a few around here at
• 12:37
  Speaker 3: my place. Will be we'll be watching.
• 12:39
  Speaker 2: What you mean, you're not going what's more important than this?
• 12:43
  Speaker 3: Well, well, counsel brief things unfortunately.
• 12:46
  Speaker 5: But.
• 12:48
  Speaker 2: What's your brief things about? Surely you can skive off
• 12:51
  Speaker 2: for the afternoon.
• 12:52
  Speaker 9: I think the mayor is going to skive off. He's
• 12:54
  Speaker 9: the only one who gets to skive off and a
• 12:56
  Speaker 9: teen race day. Unfortunately, we'll be we'll be watching the plot.
• 13:00
  Speaker 9: Make sure he's not not a way for too long.
• 13:02
  Speaker 3: No, look, it's it's it's.
• 13:04
  Speaker 9: A great event and it's a massive deal for the
• 13:08
  Speaker 9: Caterbury economy. Yeah, and we just hope that everyone behaves themselves.
• 13:14
  Speaker 2: Ah, you're a bit worried about people being a bit boozed.
• 13:17
  Speaker 9: It has been an issue in the past, but the
• 13:20
  Speaker 9: event organizers and police have made some real strides.
• 13:23
  Speaker 3: In recent years.
• 13:24
  Speaker 9: So hopefully it's a good day with not too many
• 13:28
  Speaker 9: perverse consequences.
• 13:29
  Speaker 2: What's it worth to the region, denaw to Christ It I.
• 13:34
  Speaker 9: Don't know off the top of my head. I mean
• 13:36
  Speaker 9: I think every every you know, every regional holiday has
• 13:41
  Speaker 9: is pretty significant in terms of as a bit of
• 13:44
  Speaker 9: a precursor. Well, certainly for us, it's a precursor into
• 13:47
  Speaker 9: that that summer spending, you know, whether it's field Days
• 13:51
  Speaker 9: or any other of the regional holidays. You know, it's
• 13:55
  Speaker 9: a big deal locally, particularly particularly given how long Cup
• 13:58
  Speaker 9: and Show Week go for. So yeah, it's a substantial deal.
• 14:02
  Speaker 2: All right, big deal. Goezy on the booze, Jake, thank you,
• 14:05
  Speaker 2: Jake McLellan, Christ Judge councilor. Twenty four minutes after five
• 14:08
  Speaker 2: News talks Hebb the early.
• 14:10
  Speaker 6: Edition full show podcast on Ihart Radio Power by NEWSTALKSV.
• 14:15
  Speaker 2: You're on news Talk Sebb. Good morning, everybody who's got
• 14:20
  Speaker 2: a trillion dollars to spare this morning?
• 14:22
  Speaker 3: Have you?
• 14:23
  Speaker 2: That's the value of our new climate change tab from
• 14:27
  Speaker 2: COP twenty nine. The Climate change conference this year, all
• 14:31
  Speaker 2: the officials, the politicians, the experts, the industry, every man
• 14:35
  Speaker 2: and his dog has foun to Azerbaijan to lecture everybody
• 14:39
  Speaker 2: not in the room about climate change. And they're already
• 14:43
  Speaker 2: cranking the classics through the stage speakers. We're at a
• 14:46
  Speaker 2: turning point, the Paris Agreements at a crucial tipping point
• 14:50
  Speaker 2: because Donald Trump's going to pull out, even though we've
• 14:53
  Speaker 2: been through this crucial tipping point before. Last time he
• 14:55
  Speaker 2: was in our house, is burning all the classics. This
• 15:00
  Speaker 2: is the problem with COP insert number here. No one
• 15:03
  Speaker 2: really listens. Every year they make the same pilgrimage and
• 15:06
  Speaker 2: give the same speech, and every year we shrug our
• 15:08
  Speaker 2: shoulders and wonder why doesn't the number ever match the year?
• 15:11
  Speaker 2: Shouldn't it be COP twenty four? Oh well, back to
• 15:15
  Speaker 2: them all for another coffee at Robert Harris. I also
• 15:19
  Speaker 2: need to pick up some presents from Kmart for the
• 15:22
  Speaker 2: grandkids this Christmas. Things to do. If the definition of
• 15:25
  Speaker 2: insanity is doing the same thing every year, over and
• 15:28
  Speaker 2: over and expecting a different result, than these guys are
• 15:30
  Speaker 2: beyond nuts. The big push this year is finance. They
• 15:35
  Speaker 2: wanted rich country supposedly like ours, to pay one hundred
• 15:39
  Speaker 2: billion dollars a year to poor countries to stop them
• 15:41
  Speaker 2: from burning coal and adapting to climate change by twenty twenty.
• 15:44
  Speaker 2: Well we missed that goal, and now they want a
• 15:46
  Speaker 2: trillion dollars a year. That's one thousand billion, or four
• 15:51
  Speaker 2: Elon musks. Despite all the talk and flying around in
• 15:55
  Speaker 2: threats and end of day's speeches, global emissions went up
• 15:59
  Speaker 2: last year, reaching record levels. Do we care about climate change? Yes,
• 16:05
  Speaker 2: enough to change our habits in a major way. No,
• 16:09
  Speaker 2: we keep electing leaders to fix other things like inflation,
• 16:12
  Speaker 2: and until that changes, or all of our houses actually
• 16:16
  Speaker 2: do catch fire, will be at them all down at
• 16:20
  Speaker 2: Robert Harris not listening to Azerbaijan Ryan Bridge on twenty
• 16:25
  Speaker 2: eight minutes after five. We'd love your feedback this morning.
• 16:27
  Speaker 2: Nine two is the number to text Donald Demyo coming
• 16:30
  Speaker 2: to us from Australia shortly Australia's pursuing an AI and
• 16:33
  Speaker 2: social media regulation. Also having trouble discerning what the truth is,
• 16:40
  Speaker 2: which is crucial because they're currently doing a misinformation disinformation
• 16:43
  Speaker 2: bill through Parliament. We'll talk about that plus the abuse
• 16:46
  Speaker 2: in state care apology at two o'clock this afternoon.
• 17:30
  Speaker 6: The news you need this morning, and the in depth
• 17:33
  Speaker 6: analysis Early edition with Ryan Bridge and Smith City New
• 17:37
  Speaker 6: Zealand's furniture bids and applying store News Talk sid.
• 17:40
  Speaker 2: B Good Morning New Zealand. It is twenty four minutes
• 17:50
  Speaker 2: away from six year on News Talk, said b Donald. Tomorrow,
• 17:52
  Speaker 2: our Australia correspondent is with us in just a few moments. Also,
• 17:56
  Speaker 2: Jim Goodwin, he's an abuse survivor. That big apology going
• 18:00
  Speaker 2: down at Parliament today. What will it mean for the victims.
• 18:02
  Speaker 2: We'll talk about that. We were just talking about COP
• 18:05
  Speaker 2: twenty nine. This is the Climate change conference. It's taking
• 18:08
  Speaker 2: place in Azerbaijan. Guess who's not there. Greta Thunburg. She
• 18:13
  Speaker 2: wanted to protest outside the conference, but she can't get
• 18:16
  Speaker 2: into Azerbaijan because they closed the land borders and she
• 18:20
  Speaker 2: doesn't want to fly. I think they closed the land
• 18:22
  Speaker 2: borders on purpose, so all of the protesters wouldn't come.
• 18:25
  Speaker 2: But the thing with Greta is she was hard enough
• 18:28
  Speaker 2: to hear the message the first time round. But now
• 18:31
  Speaker 2: she's expanded her causes this. She's written a piece for
• 18:33
  Speaker 2: The Guardian. She's talking not just about climate change now,
• 18:37
  Speaker 2: but about genocides, ecosides, famines, wars, colonialism, rising inequalities, escalating
• 18:44
  Speaker 2: climate collapse. They're all interconnected crises that reinforce each other
• 18:48
  Speaker 2: and lead to unimaginable suffering. I'm sorry. Too many things
• 18:52
  Speaker 2: on the go, Greta. You lost me at Ecoside. Too
• 18:56
  Speaker 2: many things on the go. Twenty three away from six
• 18:59
  Speaker 2: Ryan Bridge. Let's got a Colum Proctor who's in Dunedin
• 19:02
  Speaker 2: this morning. Colen, Good morning morning, right City Council is
• 19:05
  Speaker 2: there expecting to get an update today? This investigation into
• 19:09
  Speaker 2: the chief executive. What's happening?
• 19:13
  Speaker 10: Okay, So I'm just switching to that story. It's a
• 19:18
  Speaker 10: very good question that you ask. So this is about
• 19:21
  Speaker 10: Sandy Graham, who has previously apologized to a staff member
• 19:27
  Speaker 10: following an investigation by a King's Council. The scope of
• 19:32
  Speaker 10: the investigation into Graham's being kept quiet. The ODT those
• 19:35
  Speaker 10: reporting the Council refused to disclose the terms of reference.
• 19:40
  Speaker 10: An extraordinary meeting, closed to the public is due to
• 19:42
  Speaker 10: be held by the Council at four this afternoon. The
• 19:45
  Speaker 10: agenda refers to an update from a decision making committee.
• 19:48
  Speaker 2: All right, okay, we'll wait till we get an update
• 19:50
  Speaker 2: later on this afternoon. How's where they come? Fine and
• 19:53
  Speaker 2: fifteen today brilliant, Thank you Claires and christ Church clear
• 19:56
  Speaker 2: Cup Day in christ Church and the tickets cheaper than
• 19:59
  Speaker 2: ever before.
• 20:00
  Speaker 11: Yes, Ryan, big day here in christ Church. And yes
• 20:02
  Speaker 11: the tickets are cheaper. In fact, tickets have almost halved
• 20:06
  Speaker 11: in cost. That decision was made a little while ago.
• 20:08
  Speaker 11: They've dropped from forty dollars to twenty five. Of course,
• 20:11
  Speaker 11: Cup Day is very much a highlight of our calendar
• 20:14
  Speaker 11: here Racing, Entertainment, fashion, the whole lot. The Addington Raceway
• 20:18
  Speaker 11: CEO Brian Thompson says the decision about dropping the cost
• 20:21
  Speaker 11: to get into Cup Day was about improving accessibility. It
• 20:25
  Speaker 11: certainly looks to have paid off. He says that GA
• 20:27
  Speaker 11: sales are up about ten percent. He thinks it's about
• 20:30
  Speaker 11: Cantabrian's wanting a reason to dress up and celebrate and
• 20:33
  Speaker 11: the ticket prices have allowed a lot more people to
• 20:35
  Speaker 11: do that. Of course, it is the one hundred and
• 20:37
  Speaker 11: twenty first running of the Trotting Cup today. For those interested,
• 20:40
  Speaker 11: last year's winner, Australian horse Swayze, is the favorite. The
• 20:44
  Speaker 11: gates open at eleven this morning. The big one, the
• 20:47
  Speaker 11: Trotting Cup itself, runs at five forty six pm.
• 20:50
  Speaker 2: All right, sounds good. How's the weather for the Cup?
• 20:54
  Speaker 11: Well, it will be a little cloudy to start, but
• 20:55
  Speaker 11: that should clear to find. Northeasterlies will pick up from
• 20:58
  Speaker 11: around midday and be fresh for a time this afternoon.
• 21:01
  Speaker 11: The high those seventeen.
• 21:03
  Speaker 2: Nice one, enjoy it clear. Let's go to mex Toll
• 21:05
  Speaker 2: in Wellington. Mes Lindsay McKenzie, the Crown of Zuvera, who's
• 21:09
  Speaker 2: being named sounds like a pretty sensible choice. Sensible.
• 21:12
  Speaker 12: Yeah, there were calls for someone more, I guess high
• 21:15
  Speaker 12: profile at least in terms of the media spotlight. But
• 21:18
  Speaker 12: Lindsay McKenzie, the former Chief executive of the Tasman District
• 21:22
  Speaker 12: Council Gisbon District Council, now appointed to oversee Wellington's dysfunctional
• 21:27
  Speaker 12: city Council. Minister Simeon Brown specifically pointing to mackenzie support
• 21:32
  Speaker 12: of the Invercargo City Council when it was having problems
• 21:35
  Speaker 12: of its own. Apparently he's good with numbers, good with finances,
• 21:39
  Speaker 12: and not before time. Mert Tori Fano, expressing the need
• 21:42
  Speaker 12: to appoint someone quickly once that initial decision was made.
• 21:46
  Speaker 12: She's coming on incidentally, Nick Mills on Wellington Mornings after
• 21:49
  Speaker 12: ten this morning. The problem at the city council obviously
• 21:52
  Speaker 12: the long term plan being thrown out the window with
• 21:54
  Speaker 12: the backtracking on selling airport shares, also councilors walking out
• 21:57
  Speaker 12: of meetings, heated meetings, dispute on advice, whether the advice
• 22:02
  Speaker 12: counselors were getting was fair and balanced. Mackenzie gets to
• 22:06
  Speaker 12: council tomorrow. He'll be there until next July.
• 22:09
  Speaker 2: Yeah, it was interesting timing seven months in the job
• 22:12
  Speaker 2: and then we'll basically be at election times, so he'll
• 22:14
  Speaker 2: be there and holding their hand to get them through
• 22:16
  Speaker 2: the election. How's the weather today.
• 22:19
  Speaker 12: Yeah, exactly, mostly fine. Today's southerly's getting up to twenty brilliant.
• 22:23
  Speaker 2: Thank you, Max Navas and Auckland Neva. Good morning morning.
• 22:26
  Speaker 2: Now the hospitality sector there's stoked with all of the
• 22:29
  Speaker 2: concerts that have been going on exactly.
• 22:31
  Speaker 13: You know, they reckon, there's a wave of energy here
• 22:34
  Speaker 13: in Auckland. I think so too. There's a really cool
• 22:36
  Speaker 13: vibe this week weare there's warm, a lot of people
• 22:38
  Speaker 13: going and obviously we're talking about Pearl Jam playing the
• 22:41
  Speaker 13: two shows last week, and cold Play have got three
• 22:45
  Speaker 13: shows at Eden Park the first tomorrow. Are you going?
• 22:48
  Speaker 2: No, I'm not going either, and.
• 22:50
  Speaker 13: Producer Lego we must be the only three people in
• 22:52
  Speaker 13: Auckland not going. I know so many people going to
• 22:56
  Speaker 13: one of those concerts, and you know the hotels have
• 22:58
  Speaker 13: booked out. Steve Armata now he's a hospitality in Zed
• 23:02
  Speaker 13: chief executive, and he says, look, as we know these events,
• 23:05
  Speaker 13: he liked the life bloodline of the bars and cafes,
• 23:08
  Speaker 13: and we need all that money for accommodation. Bloody blah
• 23:11
  Speaker 13: blah blah, he says, investment in line.
• 23:14
  Speaker 3: Do you like that?
• 23:15
  Speaker 2: Bloody blah blah blah ah, renting and raving and so these.
• 23:20
  Speaker 13: Live performances, he reckons. Recent research shows that for every
• 23:24
  Speaker 13: dollar invested in live shows returns three dollars twenty There there.
• 23:27
  Speaker 2: You go, interestingly, for people who are coming to Auckland
• 23:30
  Speaker 2: for these concerts. Yes, how's your flights going? Nine to
• 23:33
  Speaker 2: nine to the numbers? Text My family came up, my
• 23:36
  Speaker 2: sister in law and brother in law. Yeah, came up
• 23:40
  Speaker 2: for the Pearl Jam and had to drive through the
• 23:43
  Speaker 2: night because the flight was canceled from Parmeston North, the
• 23:46
  Speaker 2: last flight out of Palmiston North there, So they had
• 23:48
  Speaker 2: to drive through the night to get to Auckland. And
• 23:51
  Speaker 2: I just wonder we're there. New Zealand's issues with its
• 23:53
  Speaker 2: planes and its engines and stuff? How many? How expensive
• 23:57
  Speaker 2: is it to get here? And are you have having
• 24:00
  Speaker 2: problems with flight cancelations? Is everyone driving you know, midnight
• 24:03
  Speaker 2: through the desert road?
• 24:04
  Speaker 13: Oh my gosh, well that probably is that name because
• 24:08
  Speaker 13: they were saying O blo blah blah blah.
• 24:14
  Speaker 6: What got news reader International correspondence with ends in eye
• 24:18
  Speaker 6: insurance peace of mind for New Zealand business.
• 24:21
  Speaker 2: According to text on newsbook, deb it is Tuesday morning,
• 24:24
  Speaker 2: Donald to mays Our, Australia correspondent on a good morning,
• 24:27
  Speaker 2: Good morning, is elbow pecking a fight with Trump over
• 24:30
  Speaker 2: social media?
• 24:32
  Speaker 5: Kind of but not really.
• 24:34
  Speaker 2: No, it's a case of what am I making this
• 24:36
  Speaker 2: story sound more interesting than it is.
• 24:39
  Speaker 14: It's a case of what happens next, isn't it really
• 24:41
  Speaker 14: there's all questions being asked in the aftermath of that
• 24:44
  Speaker 14: election win. So Australia is I suppose reassuring the federal government,
• 24:49
  Speaker 14: I should say, is trying to reassure the Australian public
• 24:52
  Speaker 14: that it will still pursue AI regulation, social media regulation,
• 24:58
  Speaker 14: despite as it says that Trump administration opposing it. It's
• 25:02
  Speaker 14: going to push through with these regulations in these areas.
• 25:04
  Speaker 14: And we heard from the Industry Minister, Ed Husseick. Now
• 25:08
  Speaker 14: the minister says that he needs to reassure Australians that
• 25:12
  Speaker 14: he and his government will pursue what it calls the
• 25:15
  Speaker 14: national priorities. And we know that Trump is promising to
• 25:20
  Speaker 14: roll back AI regulation while Australia is saying we are
• 25:23
  Speaker 14: going to develop. The federal government says what they've described
• 25:28
  Speaker 14: as guard rails for high risk uses of AI. For instance,
• 25:31
  Speaker 14: there's going to be some new laws and also they're
• 25:36
  Speaker 14: looking at their social media policies as well, and the
• 25:40
  Speaker 14: minister says the public expects action in these fields. He says,
• 25:43
  Speaker 14: where possible, Australia will work with other countries. But if
• 25:47
  Speaker 14: we need to it will be localized and that will
• 25:50
  Speaker 14: be pursued and to quote the Minister, we need to
• 25:53
  Speaker 14: take these steps necessary so that people can have the
• 25:56
  Speaker 14: confidence to actually use AI into the future. Are very
• 26:00
  Speaker 14: interesting comments to be made.
• 26:01
  Speaker 2: What type of guard rails are they talking about?
• 26:04
  Speaker 14: How do you're afraid you'd ask that things like being
• 26:08
  Speaker 14: able to have human intervention and oversight. For instance, when
• 26:12
  Speaker 14: we are using AR, you.
• 26:14
  Speaker 2: Want, of course, you want a human if it starts,
• 26:17
  Speaker 2: you know, I don't know if the computer starts fizzing,
• 26:20
  Speaker 2: blowing up or shooting people. You want a human to
• 26:22
  Speaker 2: be able to press the button and.
• 26:23
  Speaker 14: Turn it off, not to sensationalize in any way.
• 26:26
  Speaker 2: Shape or forn. Hey, Australia's first Anti slavery Commission has
• 26:31
  Speaker 2: been appointed.
• 26:31
  Speaker 3: What is this?
• 26:32
  Speaker 14: This is a very serious matter. Of course, there's an
• 26:34
  Speaker 14: estimated forty one thousand people living in modern slavery in
• 26:38
  Speaker 14: Australia and so we have heard from the government and
• 26:42
  Speaker 14: they've appointed the former Labor Senator Chris Evans, and he's
• 26:45
  Speaker 14: going to address these exploitative practices. We're talking about deceptive recruiting,
• 26:50
  Speaker 14: we're talking about debt bondage, we are talking about forced marriages,
• 26:53
  Speaker 14: human trafficking and forced labor. It's a five year term
• 26:57
  Speaker 14: for the former Immigration and Workplace Relations Minister. And we
• 27:00
  Speaker 14: also heard from the Attorney General who said that of course,
• 27:03
  Speaker 14: modern slavery deprives the victim of the dignity, fundamental rights
• 27:07
  Speaker 14: and freedom.
• 27:08
  Speaker 2: All right, Donald, thank you very much for that. Donald.
• 27:11
  Speaker 2: To our Australia correspondent. It is seven sorry, twelve minutes
• 27:15
  Speaker 2: away from six Bridge. The Government's national apology to victims
• 27:19
  Speaker 2: of abuse in state care will take place today. It
• 27:22
  Speaker 2: comes along with a bill with a raft of new
• 27:24
  Speaker 2: changes for protecting people that are currently in state care,
• 27:28
  Speaker 2: which will pass its first reading today. It'll ban strip
• 27:30
  Speaker 2: searches of children and youth justice facilities. It'll create harsher
• 27:35
  Speaker 2: restrictions for people working with kids and enforce better record
• 27:39
  Speaker 2: keeping by government agencies, which has been a key theme
• 27:43
  Speaker 2: or a failure, I should say, of those who've submitted
• 27:47
  Speaker 2: on the Royal Commission, Jim Goodwin is an abuse survivor.
• 27:50
  Speaker 2: He's with us this morning. Jim, good morning, Good morning, Ron.
• 27:53
  Speaker 2: Thank you for being with me. How are you feeling today, Ah, nervous?
• 28:00
  Speaker 5: Are you thinking about it?
• 28:01
  Speaker 3: Yeah? This is this is a huge thing. For a
• 28:05
  Speaker 3: huge number of people.
• 28:08
  Speaker 2: Yeah, why nervous.
• 28:12
  Speaker 3: Ah, I hope they don't stuff it up. The potential
• 28:18
  Speaker 3: for a government to make yet more mistakes around survivors
• 28:23
  Speaker 3: and around care is massive.
• 28:27
  Speaker 2: Stuff up the apology or stuff up now the ones
• 28:31
  Speaker 2: who are currently in care.
• 28:33
  Speaker 3: That they won't stuff up the apology that will be
• 28:35
  Speaker 3: that will be well done, I think, But continuing to provide,
• 28:42
  Speaker 3: how will they provide support for survivors and what will
• 28:46
  Speaker 3: they do about preventing abuse and care in the future.
• 28:49
  Speaker 3: That's what I'm worried about.
• 28:51
  Speaker 2: The compensation issue. There's been some criticism that they haven't
• 28:55
  Speaker 2: got that sorted before the apology. Does that bother you
• 28:58
  Speaker 2: or are you more worried about them doing it right
• 29:00
  Speaker 2: when they do it.
• 29:02
  Speaker 3: Conversation is important, but it's only part of what survivors need.
• 29:08
  Speaker 3: Survivors need to be able to access ongoing support, like
• 29:12
  Speaker 3: counseling support for their lives, and that's quite difficult for
• 29:19
  Speaker 3: a lot of survivors at the moment. So I hope
• 29:21
  Speaker 3: that the government will change that. But conversation is only
• 29:25
  Speaker 3: a part of it.
• 29:26
  Speaker 2: Yeah, that's fair enough for those who have been abused
• 29:29
  Speaker 2: in state care or in faith based institutions in a school,
• 29:33
  Speaker 2: stuff like that, who have then gone on to offend.
• 29:38
  Speaker 2: What is your view on that? Because the society is
• 29:42
  Speaker 2: grappling with this question right about somebody who's been abused
• 29:46
  Speaker 2: It was there nothing to do with their not their fault.
• 29:48
  Speaker 2: They were placed in a situation and they go on
• 29:51
  Speaker 2: to offend. Do they get should they get more leniency?
• 29:55
  Speaker 2: What do you have a view on that?
• 30:00
  Speaker 3: It's offending abuse as a factor in offending, maybe some
• 30:06
  Speaker 3: people should get leniency. Unfortunately, the bad people also claim
• 30:11
  Speaker 3: that they have had a terrible life and that's why
• 30:13
  Speaker 3: they've offended. What would be better is to provide people
• 30:18
  Speaker 3: who have been abuse with support. And I'm thinking I
• 30:21
  Speaker 3: mentioned counseling before and that will reduce the risk of offending.
• 30:26
  Speaker 3: I treated its source.
• 30:28
  Speaker 2: Not at the other end, what about boot camps?
• 30:31
  Speaker 3: That terrible idea, terrible idea never worked, will never work,
• 30:38
  Speaker 3: based on a false premise that you can knock people
• 30:40
  Speaker 3: into shape, a really bad idea.
• 30:42
  Speaker 2: What do we do with these kids then?
• 30:46
  Speaker 3: If possible, well, if possible, we should work prodigiously to
• 30:52
  Speaker 3: keep them at home. Even if their home is pretty wonky,
• 30:55
  Speaker 3: it's still the home. It's what they know so you
• 30:58
  Speaker 3: work to port the faros, support the people who care
• 31:02
  Speaker 3: about them, and try to keep people at home. Institutions
• 31:08
  Speaker 3: should be an absolute last resort.
• 31:11
  Speaker 2: Your abuse took place at Christ's College back in the
• 31:14
  Speaker 2: nineteen seventies and it was from other students. Yeah, what
• 31:17
  Speaker 2: do you want to say to the people who abused you.
• 31:21
  Speaker 3: Ah, they know who they are, they know what they did. Yeah,
• 31:27
  Speaker 3: they can live with it. Jim.
• 31:30
  Speaker 2: I've gone on.
• 31:32
  Speaker 3: I've gone on to live my life.
• 31:34
  Speaker 2: Jim. Jim, thank you very much for your time this morning.
• 31:36
  Speaker 2: I really appreciate it. Okay, thank you, Jim Goodwin their
• 31:39
  Speaker 2: abuse survivor the apology happening at Parliament this afternoon.
• 31:44
  Speaker 6: The first word on the News of the Day early
• 31:47
  Speaker 6: edition with Ryan Bridge and Smith City, New Zealand's furniture
• 31:51
  Speaker 6: Beds and a player store, new talk sticks.
• 31:54
  Speaker 2: Away from sex. Lots of text about the flight from
• 31:56
  Speaker 2: Palmerston North to Auckland a family member of mine. It
• 32:00
  Speaker 2: was canceled at the last minute. There's all these concerts
• 32:02
  Speaker 2: going on in Auckland and because of the aircraft issues
• 32:05
  Speaker 2: and some engineering issues, flights are getting canceled and people
• 32:08
  Speaker 2: are driving through the night. Ryan. My return flight to
• 32:11
  Speaker 2: Auckland from Wellington this Thursday, costing me seven point fifty return.
• 32:16
  Speaker 2: The last flight out of Palmston North says another is
• 32:18
  Speaker 2: notoriously unreliable known. I've known several people on different occasions
• 32:23
  Speaker 2: that will be canceled that we're on that flight. So
• 32:25
  Speaker 2: there's a song in that. The last flight out of
• 32:26
  Speaker 2: Pami to Australia. Albanize's misinformation bill that we've spoken about
• 32:32
  Speaker 2: before missing some quite crucial information and that is how
• 32:37
  Speaker 2: you tell what is truth and what is not truth.
• 32:40
  Speaker 2: So the idea is that they set up this bill
• 32:42
  Speaker 2: and they will empower the federal authorities to force the
• 32:46
  Speaker 2: tech giants to act on alerts about damaging falsehoods or
• 32:50
  Speaker 2: lies on the internet. The lawyers who have submitted on
• 32:53
  Speaker 2: this bill say, actually, how do you tell what is
• 32:55
  Speaker 2: truth and what is not truth? The bill does not
• 32:57
  Speaker 2: address that. So there's some problems there are away from
• 33:00
  Speaker 2: six Now Mike's here next, Hey, Mike morning.
• 33:02
  Speaker 15: The numbers came out yesterday on reliability of planes and
• 33:06
  Speaker 15: so here's your problem with facts. The problem is they
• 33:09
  Speaker 15: only do the competitive roots Auckland, Wellington, Christy, et cetera, Queenstown.
• 33:14
  Speaker 15: They don't do international So the stories you hear, and
• 33:17
  Speaker 15: I've heard as many stories as you have, and we
• 33:19
  Speaker 15: all know the stories there were. Stories you hear are
• 33:21
  Speaker 15: the regional New Zealand stories, which they don't measure because
• 33:24
  Speaker 15: there's no competition in the market, and they don't measure internationally.
• 33:27
  Speaker 15: Hear a lot of international stories about planes. I mean,
• 33:29
  Speaker 15: I had to buy a bloke, for example, who was
• 33:31
  Speaker 15: leaving on the one o'clock to Sydney the other day
• 33:33
  Speaker 15: but didn't leave until seven o'clock and that's not uncommon,
• 33:35
  Speaker 15: so that's a hang on.
• 33:36
  Speaker 2: So in New Zealand doesn't measure like a parmy all.
• 33:40
  Speaker 15: No, no, because there's no competition, so there's nothing to measure.
• 33:43
  Speaker 15: So when you look at the cancelation, it's down at
• 33:45
  Speaker 15: one point something percent. In other words, most planes take
• 33:48
  Speaker 15: off on time and land on time.
• 33:50
  Speaker 2: Sounds like misinformation.
• 33:52
  Speaker 15: Well it's lacking the full detail, is what I'm saying.
• 33:55
  Speaker 15: Christopher Luxean's on this morning on the head of the
• 33:58
  Speaker 15: Apology this afternoon, and look.
• 34:00
  Speaker 2: Forward to Mike's next see tomorrow, veryone, Have a great day.
• 34:11
  Speaker 6: For more from Early edition with Ryan Bridge, listen live
• 34:14
  Speaker 6: to News Talks. It be from five am weekdays, or
• 34:17
  Speaker 6: follow the podcast on iHeartRadio m HM