Latest / Early Edition with Ryan Bridge / Full Show Podcast: 01 July 2025

Transcript

Full Show Podcast: 01 July 2025 · Early Edition with Ryan Bridge

0:01
Speaker 1: The issues, the interviews and the insight.
0:04
Speaker 2: Ryan Bridge on early edition with x full insulation, keeping
0:08
Speaker 2: Kimi Holmes warm and.
0:09
Speaker 1: Tray this winter news talks. That'd be good morning.
0:12
Speaker 3: It is six half for five. Great to have your
0:14
Speaker 3: company coming up at four to six. The coward punch penalty.
0:17
Speaker 3: Is it really going to make people stop and think
0:20
Speaker 3: before they do something stupid like throw a punch? We'll
0:23
Speaker 3: ask that question. Centrix data out this morning. Insolvencies up
0:27
Speaker 3: twenty seven percent year on here for businesses. So which
0:30
Speaker 3: parts of the economy are hurting the most and is
0:33
Speaker 3: this because of the economy or is it enforcement by
0:36
Speaker 3: the IID Donald Tomato in Australia. For US pennywong Off
0:39
Speaker 3: to Washington and West New Zealand is open for business today.
0:42
Speaker 3: Is it worth the forty five million dollar price tag
0:45
Speaker 3: that we're paying? Seven after five.
0:49
Speaker 1: The agenda.
0:50
Speaker 3: Tuesday, first of July. Europe in heat wave. This morning,
0:53
Speaker 3: two hundred schools closed Spain. Hottest June day on record
0:57
Speaker 3: forty six degrees.
0:58
Speaker 4: It is quite a lot to see this happening so
1:02
Speaker 4: early in the summer season.
1:03
Speaker 5: So the heat way season.
1:04
Speaker 4: Across Europe starts at the beginning of June and it
1:07
Speaker 4: would extend into September. So if you think about that,
1:10
Speaker 4: you think about what we could see in the rest
1:12
Speaker 4: of the summer with wildfires. And also we have this
1:16
Speaker 4: dry conditions in large parts of Europe's as well, which
1:19
Speaker 4: is raising.
1:20
Speaker 1: The risk of drought.
1:21
Speaker 3: Travel on the shoulder seats and everybody. That's the advice
1:24
Speaker 3: now Around's Depity Foreign Minister. This is on the question
1:27
Speaker 3: of whether they will get back to the table and
1:29
Speaker 3: start talking about the nuclear program. Around Foreign Minister says
1:34
Speaker 3: they must, the UIs must have all let any further strikes.
1:36
Speaker 1: First, we have not agreed to any date.
1:40
Speaker 6: You have not agreed to the modality. Right now we
1:45
Speaker 6: are seeking an answer to this question. Are we going
1:50
Speaker 6: to see a repetition of an actual aggess while we
1:55
Speaker 6: are engaging India? They have not made their position here yet.
2:00
Speaker 3: In the US, the Senate's now voting on the Big
2:02
Speaker 3: Beautiful Bill.
2:03
Speaker 7: Finally, this bill steals people's health care, jacks up their electricity,
2:08
Speaker 7: bill takes away their jobs, all to pay for tax
2:12
Speaker 7: breaks for billionaires.
2:14
Speaker 8: And so yes, there are some improvements and reforms to
2:19
Speaker 8: Medicaid to make it more efficient, to make sure that
2:22
Speaker 8: the people who are supposed to benefit from medicaid do
2:25
Speaker 8: and that it.
2:26
Speaker 9: Doesn't go to people who shouldn't benefit from medicaid.
2:28
Speaker 3: And to New York City the Diddy trial. As we speak,
2:31
Speaker 3: the juries begun their deliberations.
2:34
Speaker 10: The judge who has presided over this case, Ourn Subromanium,
2:38
Speaker 10: gave lengthy instructions to the eight men and four women
2:42
Speaker 10: of this jury on how to structure their deliberations. If
2:46
Speaker 10: they do convict him of the most serious charges, he
2:49
Speaker 10: could spend the rest of his life in prison.
2:53
Speaker 2: The news you need this morning and the in depth
2:56
Speaker 2: analysis earlier this ship with Ryan Bridge and expul in
3:00
Speaker 2: keeping Kiwi homes warm and dry, this winter news talks,
3:04
Speaker 2: he'd be it is.
3:04
Speaker 3: Nine after five. Great to have your company this morning.
3:06
Speaker 3: So stocks only thing going up really, it seems around
3:09
Speaker 3: the world of temperatures if you're in Europe, and stocks
3:12
Speaker 3: in the US going through the roof and in the
3:15
Speaker 3: end of a pretty crazy second quarter for the markets.
3:18
Speaker 3: Now the reason they've gone up overnight this is the
3:20
Speaker 3: S and P five hundred and the Nasdaq heading new
3:23
Speaker 3: intra day records. Canada has withdrawn its digital services tax,
3:28
Speaker 3: so you know how Carne obviously wants a deal over
3:31
Speaker 3: tariffs with Trump, and they're trying to negotiate that and
3:33
Speaker 3: blah blah blah, and Trump the other day was throwing
3:36
Speaker 3: a big stick around, waving a stick around on true
3:38
Speaker 3: social you know, we'll just blow up the any agreement
3:41
Speaker 3: or any partial agreement we had anyway. So that seems
3:45
Speaker 3: to be coming to ahead because Carne clearly wants a deal.
3:49
Speaker 3: So the S and P five hundred finishing on a high,
3:52
Speaker 3: highest close on Friday since February. So it's actually up
3:55
Speaker 3: eight percent on when Trump announced the tariff. So yes,
4:00
Speaker 3: it took a big hat, but it's actually up. We're
4:02
Speaker 3: eight percent higher than we were before. You've still got
4:06
Speaker 3: strong corporate earnings, You've still got growth, pretty resilient holding up.
4:10
Speaker 3: Inflation is near two percent. So that's a pretty incredible
4:14
Speaker 3: story really for a stock market that's been battered and
4:17
Speaker 3: bruised to come out with a result like that. Ten
4:20
Speaker 3: after five News talks there be we'll talk here in
4:22
Speaker 3: New Zealand about invest New Zealand. Can we attract some
4:26
Speaker 3: of that foreign capital to come our way. That's next
4:30
Speaker 3: ten after five.
4:32
Speaker 2: Get ahead of the headlines on early edition with Ryan
4:36
Speaker 2: Bridge and x Fole insulation keeping Kiwi Holmes warm and
4:40
Speaker 2: dry this winter.
4:41
Speaker 1: News talks, that'd be five.
4:42
Speaker 3: Po thirteen on news talks, there'd be nobody puts Winston
4:44
Speaker 3: Peters in privatization in the same sentence. Well, normally, you
4:48
Speaker 3: know the economic nationalist he is, you wouldn't do that.
4:50
Speaker 3: But this morning there's a story in the Herald Winston
4:53
Speaker 3: Peters has opened the door for the part privatization of
4:57
Speaker 3: the new fairies that we're getting. So we get a
5:00
Speaker 3: couple of new, beautiful, brand spanking fairies, and they're bigger
5:03
Speaker 3: and better than the previous ones. Not as big or
5:05
Speaker 3: as good as the ones we would have got, but
5:07
Speaker 3: better than the ones we have Anyway, Peters takes a
5:11
Speaker 3: paper to Cabinet earlier this year with Nikola Willis and
5:14
Speaker 3: Chris Bishop, and included in that is a direction to
5:18
Speaker 3: Faery Holdings, which is the publicly owned companies set up
5:21
Speaker 3: to get these fairies to consider options for ferry ownership
5:25
Speaker 3: and the operation that will improve efficiency and recycle government
5:28
Speaker 3: capital in other world in other words, get capital out
5:31
Speaker 3: and then put it in somewhere else. So that is
5:33
Speaker 3: on the table. But then you ask Inston Peter's to
5:35
Speaker 3: his face and he says, no, We're not doing anything
5:37
Speaker 3: like that. So a curious move and reeks of something
5:41
Speaker 3: to do with backroom negotiations amongst the coalition partners. Fourteen
5:46
Speaker 3: after five from today will officially have a new regulatory
5:50
Speaker 3: body for overseas investment. Invest in Z is an agency
5:53
Speaker 3: set up to help attract and retain large investment from
5:56
Speaker 3: overseas buyers. Responsible Minister Tom McClay hopes this will create
5:59
Speaker 3: job boost productivity. Catherine bed Sea Business ends, the advocacy
6:03
Speaker 3: director with us this morning. Catherine, good morning, Good morning.
6:07
Speaker 3: So this is obviously going to be an expensive exercise.
6:10
Speaker 3: I think forty five million dollars over the next few years.
6:13
Speaker 3: Are we sure of eighty five million dollars over four
6:16
Speaker 3: years to establish it and it's as itself as an
6:19
Speaker 3: autonomous Crown entity. Is it going to be worth it?
6:22
Speaker 3: Do we think? Oh?
6:24
Speaker 11: Look, we definitely had to do something, Ryan. We are
6:27
Speaker 11: one of the hardest places to invest in the OECD
6:31
Speaker 11: and as everybody knows, investment is the lifeblood of economic success,
6:38
Speaker 11: so we definitely needed to make it easier and I
6:41
Speaker 11: think this is a really good start. It will be
6:43
Speaker 11: much much more of a bespoke concierge sort of approach.
6:48
Speaker 11: I think they've looked at Ireland and other countries that
6:51
Speaker 11: do it far better than we do. And my understanding
6:55
Speaker 11: is it's going to be quite a small, lean and
6:57
Speaker 11: mean agency as well, and taking some of that work
7:02
Speaker 11: away from MZTE. So hopefully it's not going to be
7:05
Speaker 11: too expensive.
7:06
Speaker 3: Right And do you what sort of people do you
7:09
Speaker 3: think that they'll be hiring.
7:13
Speaker 12: Look, I've heard that it'll be people with really good
7:17
Speaker 12: roll indecks of international investors, in connections, so they should
7:21
Speaker 12: be well connected to investors around the world, and you know,
7:26
Speaker 12: they should be also looking at where the opportunities are
7:29
Speaker 12: here and where our gaps are and where.
7:31
Speaker 11: We actually need investment. So well connected people. Not a
7:35
Speaker 11: lot of them my understanding, but well connected all right.
7:38
Speaker 3: So we will live and across our fingers and hope
7:41
Speaker 3: and pray that this works. We need to, of course,
7:43
Speaker 3: have attractive investments here to begin with. Is this is
7:47
Speaker 3: our problem just cosmetic we're not advertising ourselves well enough
7:52
Speaker 3: or are there a lack of viable attractive deals?
7:56
Speaker 13: Oh?
7:56
Speaker 11: Look, I think there'll be a lot to invest in
7:59
Speaker 11: a New Zealand. You know, as you know, we have
8:02
Speaker 11: a big infrastructure deficit. There's a lot of spending that
8:07
Speaker 11: needs to be done. And yeah, and you know, look,
8:11
Speaker 11: I think we've got a lot of opportunities in the
8:13
Speaker 11: future if we get into some more long term thinking
8:16
Speaker 11: and you know, business is Zealand we're advocating thirty years.
8:20
Speaker 11: You know, have a thirty year horizon. What will we need?
8:25
Speaker 11: What could we be great at and let's have a
8:28
Speaker 11: plan and get on with it.
8:30
Speaker 3: Catherine, appreciate your time this morning. Thank you for coming on.
8:32
Speaker 3: Catherine Beard, Business en Advocacy Directed. That time is sixteen
8:35
Speaker 3: after five year on News Talks theb construction industry. No
8:40
Speaker 3: surprises for you. You feature quite prominently in company liquidations
8:44
Speaker 3: up twenty seven percent year on year.
8:46
Speaker 2: More on that next on your radio and online on
8:50
Speaker 2: iHeartRadio early edition with Ryan Bridge and x foll Insulation
8:55
Speaker 2: keeping Kiwi Holmes warm and dry.
8:57
Speaker 3: This winter News Talks at B five nineteen on Newstalks RBS.
9:01
Speaker 3: So from today there's a new twenty four to seven
9:04
Speaker 3: digital health service, so you can basically call or you
9:07
Speaker 3: can video chat a doctor. And this is round the
9:11
Speaker 3: clock outside normal clinic hours. Things that they this is
9:14
Speaker 3: the government giving you information. Things you can ring them
9:17
Speaker 3: about a mother with a sick child in the middle
9:19
Speaker 3: of the night, someone waking up with a sudden rash
9:22
Speaker 3: on a public holiday. Sounds like it's been a good one.
9:26
Speaker 3: A farmer in rural New Zealand needing help after ours,
9:29
Speaker 3: a family on holiday in a different part of the country,
9:31
Speaker 3: or someone not enrolled with the local GP, which is
9:33
Speaker 3: a good point because when you're in a different area
9:36
Speaker 3: you have to pay these exorbitant fees. So anyway, this
9:39
Speaker 3: is what's happening from today. You can now call a
9:41
Speaker 3: number and have a video consult through the government and
9:46
Speaker 3: this is to improve the lot because people are waiting
9:48
Speaker 3: too long to see a GP. This is one of
9:50
Speaker 3: the ways I'll do it. But it's a little bit
9:52
Speaker 3: like using private hospitals for public operations. Is there a
9:56
Speaker 3: staffing shortage? Do you create a problem with the labor
9:59
Speaker 3: works down the line? People won't care well they once
10:03
Speaker 3: you've got a coffin and you phone a number and
10:04
Speaker 3: it's sorted. Twenty after five, Ryan Bridge, you started out
10:08
Speaker 3: this morning from centrics and business liquidations up twenty seven
10:11
Speaker 3: percent year on year. Business loan defaults also up fourteen percent.
10:14
Speaker 3: Brian Williams principal at BWA Insolvency with me this morning, Brian.
10:18
Speaker 3: Good morning, Oh, good morning Ryan.
10:20
Speaker 14: Good to speak with you.
10:21
Speaker 3: Great to have you on. Now, are these insolvencies because
10:25
Speaker 3: of the economy or because we're taking more enforcement action?
10:29
Speaker 3: What's behind them?
10:30
Speaker 14: I think that the combination of both. To be honest,
10:33
Speaker 14: I think that the density four hitholders to take the
10:38
Speaker 14: view that they can no longer continue with their current
10:40
Speaker 14: circumstances is certainly a feature of what we're seeing, but
10:44
Speaker 14: it is clearly a result or an after glow of
10:47
Speaker 14: COVID and the lower demand that's flowed out of the
10:51
Speaker 14: government policies. I think that's exposed. We can balance sheets
10:56
Speaker 14: as the tiger's out. Of course, that exposes all of
10:58
Speaker 14: those rocks that are not forming the strongest position for
11:03
Speaker 14: the companies, and they can't be dealt with by continued
11:08
Speaker 14: levels of sales that existed in the past.
11:10
Speaker 3: What sort of businesses are able to survive? I mean,
11:14
Speaker 3: are you seeing trends in terms of industries presumably constructions
11:18
Speaker 3: up there?
11:19
Speaker 14: Well, I think the construction always features highly anyway, because
11:23
Speaker 14: they represent such a high proportion of the gross domestic
11:26
Speaker 14: products of the country. But they're certainly high, no doubt
11:29
Speaker 14: about that. The particular segment inside the construction industry of
11:35
Speaker 14: those builders that started for the hammer and started to
11:39
Speaker 14: smash nails and a timber and don't necessarily followed up
11:43
Speaker 14: with the exities that requires to make sure that they're
11:46
Speaker 14: very slim margins results in survival.
11:52
Speaker 3: Sorry, party, absolutely. When do you see this turning around?
11:55
Speaker 3: I mean you're at the could face and we're seeing
11:56
Speaker 3: it every month we get the reports that it's here
11:59
Speaker 3: on year, still up. When do we start to see
12:01
Speaker 3: it come down? Do you think?
12:04
Speaker 14: I think later this year, And it could be asked,
12:07
Speaker 14: why would I think that. I think that there is
12:10
Speaker 14: a discretionary spend will increase as the year progresses, as
12:14
Speaker 14: the sun shines more towards Christmas. People have an enlightened
12:18
Speaker 14: or like the viewpoint about their future. But they've got
12:22
Speaker 14: to have funds to spend, and that is going to
12:25
Speaker 14: be lowered interest rates and I guess costs coming down.
12:33
Speaker 14: So I think that later on this year there will
12:35
Speaker 14: also be I think a new surge of a new
12:38
Speaker 14: economy on the way. If gear political environment will allow it,
12:42
Speaker 14: there'll be a new economy on the way. AI is
12:46
Speaker 14: featuring more and more in the news all the time,
12:49
Speaker 14: and there'll be new providers, new supply siders. So I
12:54
Speaker 14: think Christmas New Year will be the time where we get.
12:58
Speaker 3: A little, little, most little kickback. Brian appreciate you to
13:02
Speaker 3: at least not getting worse month on month. Brian, appreciate
13:05
Speaker 3: you time this morning. Thank you very much, principal at
13:07
Speaker 3: BWA insolvency if you're just joining us. Company liquidations was
13:10
Speaker 3: in twenty seven percent year on year, partly, as Brian says,
13:14
Speaker 3: partly because of IID enforcement action, but also partly just
13:17
Speaker 3: the state of the economy at the moment. Twenty three
13:19
Speaker 3: minutes after five News Talks, here be more on AI
13:21
Speaker 3: next the.
13:23
Speaker 2: Early edition full show podcast on iHeartRadio powered by News Talks.
13:27
Speaker 3: It be five twenty five News Talks. There be the
13:31
Speaker 3: robots are coming. Look out everybody and they reckon though
13:34
Speaker 3: that be better at us than us humans doing really difficult
13:37
Speaker 3: complex stuff like being a doctor. Microsoft has announced overnight
13:42
Speaker 3: an artificial intelligence system which I am just calling a
13:46
Speaker 3: robot that performs better. This is what they're arguing performs
13:50
Speaker 3: better than a human doctor at complex health diagnosis. This
13:55
Speaker 3: is according to Guardian reporting in the last couple of
13:58
Speaker 3: hours they say Microsoft's come out. There AI unit has
14:01
Speaker 3: come out and said they're creating a path to medical superintelligence.
14:06
Speaker 3: Look out world. So they think in their case studies
14:11
Speaker 3: that their AI doctor solves or correctly diagnosed eight out
14:17
Speaker 3: of ten case studies, really complex ones eight out of ten.
14:21
Speaker 3: The real doctors who didn't have access to the Internet
14:23
Speaker 3: or to books or anything, the real doctors two out
14:26
Speaker 3: of ten. So who are you going to trust? And
14:29
Speaker 3: that's the question you start asking yourself. Do you trust
14:32
Speaker 3: AI to make important decisions, like health decisions on your behalf,
14:36
Speaker 3: even though doctors don't always get it right. The thought
14:39
Speaker 3: of a computer deciding your fate is kind of weird,
14:42
Speaker 3: hard to get used to. But if it's shown to
14:45
Speaker 3: work reliably, if it's accurate, and I suppose why not. China, meanwhile,
14:50
Speaker 3: is into robots big time. A company there wants a
14:54
Speaker 3: humanoid robot cleaning our dishes and washing our clothes in
14:57
Speaker 3: a matter of years. They had an exhibition this week.
15:00
Speaker 3: They want one robot for every home, and this I
15:03
Speaker 3: can get on board with. But you've got to ask.
15:06
Speaker 3: With the robots apparently taking every job under the sun,
15:08
Speaker 3: they'll be cutting our hair soon. What are we going
15:11
Speaker 3: to do once they've completed their mission to take over
15:14
Speaker 3: the world? What do we do for work? Seventy seven
15:16
Speaker 3: percent of companies are either using AI right now or
15:20
Speaker 3: are actively trying to. Year on year growth for this
15:24
Speaker 3: industry is now at more than one hundred percent. Seventy
15:27
Speaker 3: seven percent of all devices in the world are currently
15:31
Speaker 3: using some form of AI. And I get why this
15:34
Speaker 3: is happening and everything from health to housework, because it's
15:39
Speaker 3: far more efficient and cost effective to do this. But
15:43
Speaker 3: with so much of the work being done by others,
15:46
Speaker 3: what's left to occupy our time?
15:48
Speaker 1: Fry and Bridge?
15:49
Speaker 3: Shall we just sit and think? I don't know. What
15:51
Speaker 3: do we do? Is it like early retirement? How do
15:54
Speaker 3: we get paid? Twenty eight minutes after five news talks,
15:56
Speaker 3: thereb Dalai Lama is preparing for his succession plan and
16:02
Speaker 3: this is irking China because of course China thinks that
16:05
Speaker 3: they will pick the next Dalai Lama. They see him
16:08
Speaker 3: as a separatist. He's living in exile outside of Tibet,
16:11
Speaker 3: He's living in India, and the Dalai Lama is apparently
16:15
Speaker 3: going to reveal The process for this is ahead of
16:19
Speaker 3: his ninetieth birthday, so he's doing well innings wise. He
16:23
Speaker 3: is going to announce what the process is for picking
16:25
Speaker 3: a successor, and this is really irked China because they
16:28
Speaker 3: think they will be Beijing will be the one to
16:30
Speaker 3: pick whoever it is, boy or girl, and where they
16:33
Speaker 3: come from is the other important thing too. Twenty eight
16:36
Speaker 3: minutes after five coming up after the news at five thirty,
16:39
Speaker 3: we'll get to our reporters around the country. Donnad de
16:41
Speaker 3: Mayo is in Australia for US this morning, and lots
16:45
Speaker 3: to talk about with her, including Penny Wong heading off
16:48
Speaker 3: to America and the press in Australia saying that she's
16:53
Speaker 3: the wrong person for the job. You don't want to
16:55
Speaker 3: send somebody who has sort of blundered her way through
16:58
Speaker 3: the Gaza situation and raised eyebrows over in Washington. But
17:02
Speaker 3: nonetheless she'll be off so done and demy on that.
17:05
Speaker 3: And of course we'll look at the record temperatures out
17:08
Speaker 3: of this European heat wave and more on the Microsoft
17:12
Speaker 3: announcement overnight too here on News Talk sbb.
17:27
Speaker 2: WELL News and Views you Trust. To start your day,
17:37
Speaker 2: It's early edition with Ryan Bridge at EXPOL insallation keeping
17:42
Speaker 2: Kiwi Holmes ward and dry.
17:43
Speaker 1: This winter News Talks EDB.
17:49
Speaker 3: Good morning, twenty four minutes away from six. News TALKSB
17:52
Speaker 3: are coming up before six. We're going to get to
17:54
Speaker 3: a defense Luare. This is on from the Law Association
17:58
Speaker 3: on the coward punch? Is a law like that's actually
18:01
Speaker 3: going to change the way people think? Are you going
18:04
Speaker 3: to have a rational thought in the middle of throwing
18:06
Speaker 3: a cowd punch and think, oh, I could go to
18:08
Speaker 3: prison for longer, so therefore I won't do this? And
18:11
Speaker 3: is that actually the point? We'll look at that before six. Also,
18:14
Speaker 3: our Australia correspondent Don and tomorrows with us. Penny Wong
18:17
Speaker 3: is off to Washington today. A lot of people say
18:21
Speaker 3: she shouldn't be going. We'll tell you why. Right now.
18:23
Speaker 3: It is twenty three to.
18:24
Speaker 1: Six, Ryan Bridge, Slow.
18:26
Speaker 3: Reporters around the country and we'll go to Cullum and Dunedin.
18:29
Speaker 3: Cullum Dunedin Council adopting this annual plan. This includes the
18:33
Speaker 3: higher rates, right yeah, it does, Ryan Morning.
18:37
Speaker 15: The plan approved yesterday includes a ten point seven percent
18:40
Speaker 15: rates rise for Dunedin rate payers for the coming year
18:44
Speaker 15: ten point seven So that's slightly higher than the ten
18:46
Speaker 15: point five which was previously consulted on look the mayor
18:51
Speaker 15: here at Jills Raddicks. Defending this rise, He says to
18:53
Speaker 15: Needin's rates are much lower than many of our neighbors,
18:56
Speaker 15: and he says given rates rises across the country for
18:59
Speaker 15: communities to live their infrastructure, he believes the Needin's rates
19:02
Speaker 15: are still below average. He also says their nine year
19:05
Speaker 15: plan achieved the flattening of debt they need and a
19:08
Speaker 15: balanced budget for the first time in a while.
19:10
Speaker 3: All Right, how's your weather.
19:12
Speaker 15: It's fine, fresh westerlies today the high thirteen.
19:15
Speaker 3: Nice one callum, thank you and Courtney in christ jets
19:17
Speaker 3: for us.
19:18
Speaker 1: Hey, Courtney, good morning.
19:19
Speaker 3: Tell us about the upgrades around the new stadium. Apparently
19:23
Speaker 3: very much on time.
19:24
Speaker 16: Yes, no, always a good story when it comes to
19:27
Speaker 16: the stadium. So thirty four million dollar project has improved
19:31
Speaker 16: the water and transport networks around One New Zealand Stadium
19:34
Speaker 16: ahead of its opening in April. MDTA cut funding for
19:38
Speaker 16: the upgrades in November, so the council decided to cover
19:41
Speaker 16: the costs themselves.
19:43
Speaker 3: It says.
19:43
Speaker 16: The final layer of ashvelt on the footpaths will be
19:46
Speaker 16: completed later this year, along with landscaping works on the
19:50
Speaker 16: stadium grounds. The six hundred and eighty three million dollar
19:54
Speaker 16: stadium is on schedule to open in April next year.
19:57
Speaker 3: Fantastic. That is always good news, Courtney.
19:59
Speaker 1: How's fine with some morning frost this morning?
20:02
Speaker 16: Westerly's are high.
20:03
Speaker 11: Of a living.
20:05
Speaker 3: Thank you very much, Courtney, Emex and Wellington, Hey Max,
20:07
Speaker 3: good morning.
20:08
Speaker 11: Jeez.
20:08
Speaker 3: I had to laugh when I saw the you know
20:10
Speaker 3: everybody else is getting the streets flooded by the weather.
20:13
Speaker 3: Wellington started to themselves.
20:15
Speaker 13: Yes, Taylor's old as time. Yeah, two steps forward for water,
20:19
Speaker 13: one step back. The forward part is that finally the
20:23
Speaker 13: final Regional Council has agreed to sign up to this
20:26
Speaker 13: new joint water entity which will take effect in the
20:29
Speaker 13: year's time. Upper Hut yesterday, confirming it will join podyvia
20:33
Speaker 13: Lower Hut Wellington City. The Regional Council informing this body
20:36
Speaker 13: that will take over drinking water, wastewater, storm water, don't
20:40
Speaker 13: close the door on the way out, Wellington Water, more efficiency,
20:43
Speaker 13: hope hopefully less in water charges and of course yeah, meanwhile,
20:47
Speaker 13: we had this monster of a leak in the CBD yesterday,
20:50
Speaker 13: a fifty year old pipe exploding on Johnston Street, spewing
20:55
Speaker 13: brown water. Water was cut off to some officers. It
20:58
Speaker 13: was later turned off for others. Work to fix it
21:01
Speaker 13: went into the night, perhaps symbolic as it came virtually
21:05
Speaker 13: the very moment the final death knell for Wellington Water sounded.
21:09
Speaker 3: Yeah, it's almost like the pipes are in an artistic
21:12
Speaker 3: expression of the city's feelings.
21:15
Speaker 13: It makes sense as you were the next uh fine
21:18
Speaker 13: light winds thirteen brilliant, Thank you, Hey Neva.
21:21
Speaker 3: How are you?
21:22
Speaker 17: Greetings?
21:22
Speaker 3: Good things. Now you've got a financial update on our system, watercre.
21:27
Speaker 17: That's right now water Care has completed. This is the
21:30
Speaker 17: country's largest corporate debt capital rais. So this is now
21:34
Speaker 17: at three point four billion dollars. What this means it
21:37
Speaker 17: becomes financially separate from Auckland Council. So the move this
21:41
Speaker 17: is just a key component of the government's local Water
21:43
Speaker 17: Done Well legislation. This was announced in May last year.
21:47
Speaker 17: Jamie Sinclair is the chief executive. He says the separation
21:50
Speaker 17: gives water here the ability to borrow in its own
21:53
Speaker 17: name for the first time and also borrow more so.
21:56
Speaker 17: He says that means they can keep prices lower than
21:59
Speaker 17: they could have otherwise today, you know, July first, everything's
22:02
Speaker 17: coming in today. But water, key is water and wastewater
22:05
Speaker 17: prices the increased by seven point two percent.
22:08
Speaker 3: Just on that right, Hey, how's out with it today?
22:11
Speaker 17: Ah? Cloudy, we've got isolated showers. They'll be clearing though.
22:14
Speaker 17: Fifteen is the high here in Auckland.
22:15
Speaker 3: Brilliant. Thank you, Neva. We'll see you later on. That
22:17
Speaker 3: is neither with news nineteen minutes away from six here
22:20
Speaker 3: on News Talk CREB and we will get to our
22:22
Speaker 3: correspondent Donald tomorrow out of Australia.
22:24
Speaker 11: Next.
22:26
Speaker 3: A couple of things talk to her about, including Penny
22:27
Speaker 3: one off to Washington, and then the coward punch? Does
22:32
Speaker 3: changing a lure just saying you'll get an extra year
22:35
Speaker 3: if you throw that punch change people's behavior? And if not,
22:41
Speaker 3: because I don't necessarily think it will. But if not,
22:45
Speaker 3: is there another meaning to having longer sentences? Is that
22:50
Speaker 3: for the benefit of the victim perhaps rather than the system.
22:54
Speaker 3: And if that's the goal, then surely it's got to
22:56
Speaker 3: be a good thing. We'll talk to a Laurie about
22:58
Speaker 3: this just before six. It's nineteen two International correspondence with
23:02
Speaker 3: ends in eye Insurance peace of mind for New Zealand
23:05
Speaker 3: Business sixth anyway from six News talks, there'd be done
23:08
Speaker 3: on Tomaw's our Australia correspondent on a good morning, good
23:12
Speaker 3: morning to you. Now we have deliberations. This is in
23:14
Speaker 3: the Mushroom Lady murder trial.
23:17
Speaker 18: Yes, so after more than nine weeks of legal proceedings,
23:20
Speaker 18: the jury is deliberating on its verdict. The jury has
23:24
Speaker 18: been sequestered so they can't actually go home. And as
23:28
Speaker 18: I'll just give you a little bit of background. Obviously,
23:30
Speaker 18: Aaron Pattison is accused of murdering three relatives and attempting
23:33
Speaker 18: to murder at fourth at a lunch at her home
23:36
Speaker 18: in Lencoln Gathera, which is southeastern Melbourne. That was way
23:38
Speaker 18: back in twenty twenty three. She has pleaded not guilty
23:41
Speaker 18: to all charges. Her lawyers argue the incident was a
23:44
Speaker 18: tragic accident. Now, there were fifteen potential jurors that were
23:49
Speaker 18: impaneled initially and the Supreme Court had these extras just
23:52
Speaker 18: in case one fell sick or was discharged. Now I
23:55
Speaker 18: don't know if you know this, but in May a
23:58
Speaker 18: jura was actually removed. The judge in the court that
24:01
Speaker 18: the juror had been discussing the case with family and friends,
24:05
Speaker 18: and so the other two reserved duras are now also gone,
24:08
Speaker 18: and so now we are left with the twelve people
24:11
Speaker 18: which will determine if Miss Patterson is to be convicted
24:14
Speaker 18: or acquitted. Now, there were more than fifty prosecution witnesses
24:17
Speaker 18: in the trial, and of course we'll never know what
24:21
Speaker 18: happens in that deliberation room, but we will know at
24:24
Speaker 18: some point what they think, and obviously it has to
24:28
Speaker 18: be a unanimous verdict, so we'll have to wait and
24:32
Speaker 18: see what the jury decides.
24:34
Speaker 3: Yeah, I think most people kind of have a pretty
24:37
Speaker 3: clear view on what they think happened there, but we'll
24:39
Speaker 3: just have to wait and see. Hey, Penny Wong heading
24:42
Speaker 3: off to the US for talks with Washington, but not
24:44
Speaker 3: everyone sort are happy that she's the one going.
24:47
Speaker 18: Well, we know that Anthony Albaneze is still waiting face
24:51
Speaker 18: to face with Donald Trump. But in the meantime, Foreign
24:53
Speaker 18: Minister Pennywong is off to Washington. She's going to meet
24:56
Speaker 18: with the Quad Foreign Ministers there. Now it's the second
25:00
Speaker 18: foreign ministers meeting in just six months. She says it's
25:03
Speaker 18: about strengthening corporation to ensure a peaceful, stable and prosperous
25:07
Speaker 18: Indo Pacific. She's going to meet with the US Secretary
25:11
Speaker 18: of State Mark Rubio, and she says it's just about
25:14
Speaker 18: working to further Australia's economic and security partnerships and advance
25:19
Speaker 18: our mutual interests, et cetera, et cetera. But we know
25:23
Speaker 18: that defense spending is high on their gender. You might
25:25
Speaker 18: recall that the US is still pushing for Australia to
25:29
Speaker 18: increase defense spending lifted to three point five percent of
25:33
Speaker 18: our GDP, and also obviously waiting to hear what's going
25:38
Speaker 18: to happen with these tariffs, these Trump tariffs that we're introduced.
25:42
Speaker 18: So she will be meeting with Japan, You're meeting with
25:44
Speaker 18: India and obviously the US and interesting times for Penny
25:49
Speaker 18: wont But as I said, elbows still yet to meet
25:51
Speaker 18: with the administration.
25:52
Speaker 3: Yeah, it's been to a hot minute two. Hasn't it
25:54
Speaker 3: appreciated that Donna Donald, our Australia correspondent, thirteen minutes away
25:57
Speaker 3: from six Brian Bridge, by the way, I see over
26:01
Speaker 3: at the White House Press briefing room, that Caroline Leavitt
26:05
Speaker 3: has been taken a new tactic holding up all the
26:07
Speaker 3: central Bank interest rates, a big list of them to
26:10
Speaker 3: the press saying look where we are. You know this
26:13
Speaker 3: is part of their campaign to try and scare or
26:16
Speaker 3: prompt jer own Power to start dropping rates, even though
26:19
Speaker 3: he has clearly no intention of doing so. Thirteen minutes
26:23
Speaker 3: away from six o'clock now the government here on a
26:26
Speaker 3: bit of a roll with law and order announcements. Coward
26:28
Speaker 3: punches will now be made a specific offense punishment eight
26:32
Speaker 3: years or fifteen years if you and ten grievous bodily harm.
26:35
Speaker 3: If a victim dies following an attack, the maximum penalty
26:39
Speaker 3: is life, and new offenses will be added to the
26:43
Speaker 3: three strikes legislation the regime. Julianne Kincaid is a case cy,
26:48
Speaker 3: vice president of the Law Association. With me this morning, Jillian,
26:52
Speaker 3: Good morning, Good morning Ryan, Thanks for being with me.
26:55
Speaker 3: Do you think these changes will make a difference.
27:00
Speaker 5: I think that they are cosmetic. I understand there has
27:04
Speaker 5: been a lot of discussion looking for a form in
27:06
Speaker 5: this area, but in effect, what these changes will do
27:10
Speaker 5: is add one year to the maximum penalty of offenses
27:14
Speaker 5: which already exist. So I don't think that in reality
27:18
Speaker 5: they will have huge impact. On any particular case.
27:22
Speaker 3: Is that because judges will use the discretion.
27:26
Speaker 5: Look, sentencing in any case is always very complex, and
27:30
Speaker 5: when we look at assault charges in particular, we look
27:33
Speaker 5: first of all at the harm that was caused, the
27:34
Speaker 5: grievous fully harmor was at an injury, and then we
27:38
Speaker 5: look at the intent behind it, which helps us to
27:42
Speaker 5: choose which one of the myriad of assault charges there are.
27:45
Speaker 5: There's at least over thirteen already in the Crimes Act.
27:49
Speaker 5: This is adding another two. The fact that they're also
27:52
Speaker 5: putting these onto the three strikes legislation isn't the difference
27:56
Speaker 5: because of the offenses that already exist are strike offenses well.
28:00
Speaker 5: And also the fact that the maximum penalty in a
28:03
Speaker 5: culpable homicide in a case of this nature is one
28:06
Speaker 5: of life imprisonment is not a change and that's already
28:09
Speaker 5: the case, right, So I think it's quite cosmetic.
28:12
Speaker 3: Okay. Do those who perperpetrate these types of attacks think
28:18
Speaker 3: about the sentence when they're doing it? Typically?
28:21
Speaker 5: Well, no, of course, not often that type of offense
28:25
Speaker 5: who cars at night when people are perhaps have had
28:28
Speaker 5: a few drinks and so on. I don't think it
28:31
Speaker 5: would stop anyone in that particular situation, it doors allow
28:35
Speaker 5: for advertising. However, as it's happened in Australia, and this
28:39
Speaker 5: is a law that does exist in some states in Australia's,
28:42
Speaker 5: there's no comparable legislation in England. I would like to
28:46
Speaker 5: add one thing round that an attack to the head
28:48
Speaker 5: is already an aggravating feature for assault cases, whether it's
28:52
Speaker 5: one punch or several, it's already a factor which is
28:56
Speaker 5: very much taken into accountant sentence.
28:59
Speaker 3: This is different than isn't it. This is a punch
29:01
Speaker 3: you had no warning about, you didn't see coming. You
29:04
Speaker 3: can't brace yourself, you can't defend yourself.
29:08
Speaker 5: Yes, look, thankfully these cases do exist. Of course they do.
29:12
Speaker 5: And there was one widely publicized case where people were
29:16
Speaker 5: concerned with the sentence saying, which led to a lot
29:20
Speaker 5: of discussion on this, and I'm lawyers are always very
29:23
Speaker 5: cautious about any legislation that arises out of one particular case.
29:28
Speaker 5: There are as a long line of authorities for situations
29:33
Speaker 5: where this type of one punch has occurred, and judges
29:36
Speaker 5: have been sentencing in this category for a very long time.
29:40
Speaker 5: Most of the time it doesn't cause anyone any concern
29:43
Speaker 5: at all. Appreciate now and again there can be some
29:45
Speaker 5: cases which do we shouldn't legislates on the basis of
29:49
Speaker 5: those one or two situations.
29:52
Speaker 3: But why not, Because that's one or two families who
29:55
Speaker 3: don't feel they've had justice. Some guy who's come up
29:58
Speaker 3: behind their son, their brother, their husband while they's out
30:01
Speaker 3: having a good time, puts them from the back of
30:03
Speaker 3: the head. I mean, who key is what's wrong with
30:06
Speaker 3: legislating for one or two.
30:07
Speaker 5: Cases, because it's very difficult to take all of the
30:10
Speaker 5: factors in that one case and then apply them out
30:14
Speaker 5: right across the board for everyone. There's so many different
30:17
Speaker 5: factors that apply in all sorts of cases, including assault cases,
30:21
Speaker 5: and in my respectful opinion, they're already very much covered
30:26
Speaker 5: in all of the legislations. Often families are very unhappy
30:30
Speaker 5: with outcoming cases, but it doesn't mean that the legislation
30:34
Speaker 5: that sits behind them is in fact wrong or not
30:36
Speaker 5: working properly. Julie, that's a different feature.
30:39
Speaker 3: I appreciate. I appreciate your time this morning, Julian kink Casey,
30:43
Speaker 3: Vice President of the Law Association, with an opinion I'm
30:45
Speaker 3: sure many of you will be scratching your heads out potentially,
30:51
Speaker 3: because in my mind, if the justice system isn't serving
30:55
Speaker 3: the victim's family, is what's the point of a justice system?
30:58
Speaker 3: You know, it's the it's there to punish, yes, but
31:01
Speaker 3: it's also there to to help with the healing of
31:05
Speaker 3: the victim, isn't it? Nine nine two, It's eight to
31:09
Speaker 3: six News Talks MB.
31:11
Speaker 2: Ryan Bridge on early edition with ex bowl insulation keeping
31:16
Speaker 2: chili hos warm and dry.
31:17
Speaker 1: This Winter News Talks.
31:19
Speaker 3: MB just gone six minutes away from six now. Lots
31:21
Speaker 3: of texts on the coward punch law change. We just
31:24
Speaker 3: spoke to a lawyer, a KC about this, Ryan, about
31:26
Speaker 3: the coward's punch. Surely it would be better to up
31:29
Speaker 3: the minimum sentence. The judge has too much discretion when
31:32
Speaker 3: you give them a discount on a maximum sentence. It's
31:34
Speaker 3: a very good point, Ryan. Why is a punch to
31:37
Speaker 3: the back of my head worse than one straight in
31:39
Speaker 3: my face by someone twice my size? Well, you can't
31:43
Speaker 3: do anything about a punch that comes to the back
31:45
Speaker 3: of your head, can you? If you don't know it's coming,
31:47
Speaker 3: you can't move, you can't brace, you can't your powerless, Ryan,
31:52
Speaker 3: should we should get Ai to replace lawyers and judges
31:55
Speaker 3: one day the outcomes will be fast, simpler and clearer.
31:58
Speaker 3: Five to six Bridge might with us. Hey, Mike morning,
32:03
Speaker 3: good morning. What do you think of the coward punch?
32:06
Speaker 9: I think it might work or it might not. They
32:07
Speaker 9: called it a king hit in Australia. I don't know
32:09
Speaker 9: why it's become a coward punch, but.
32:11
Speaker 3: I think because they wanted to make it less cool.
32:13
Speaker 3: You know, was right.
32:15
Speaker 9: So you're on the street and you're about to deck
32:19
Speaker 9: somebody and you're going, well, it was gonna but now
32:21
Speaker 9: it's called and you used a coward punch, so I won't.
32:28
Speaker 3: I can know. I can kind of understand though, like
32:30
Speaker 3: if you're doing the headline and a paper, a coward
32:33
Speaker 3: punch couches it and better hang on about to hit you.
32:39
Speaker 9: But I'm just thinking, now, what's the headline.
32:41
Speaker 3: In the paper? And not for the guy who keep digging, Ryan.
32:44
Speaker 9: Keep digging, mate, Dear. It sounds like I think you
32:51
Speaker 9: made a reasonable point before having said that, and your
32:54
Speaker 9: point being that no one's thinking about this on the street,
32:57
Speaker 9: are they, and so you're not thinking of the consequences.
32:59
Speaker 9: But also I was watched the Prime Minister yesterday post cabinet,
33:01
Speaker 9: and his point was, you know, people in the jail
33:03
Speaker 9: are going to be people in the jail, and we
33:05
Speaker 9: have more people in the jail, so be it.
33:07
Speaker 3: That's just laughing.
33:07
Speaker 9: We'll need to build more jails. And I think ultimately
33:10
Speaker 9: they're probably on the right side of this, because if you.
33:12
Speaker 3: Think about punishments around the world, people are a lot
33:15
Speaker 3: harsher than us. You know, where they have but where
33:17
Speaker 3: they have the death penalty, people still murder, of course,
33:20
Speaker 3: do you know what I mean?
33:20
Speaker 9: So if you're looking, if you're looking for the ultimate deterrent,
33:23
Speaker 9: there is no greater deterrent than you.
33:25
Speaker 3: We will kill you, but it doesn't stop you. It
33:28
Speaker 3: doesn't stop you, you know.
33:28
Speaker 9: So I think I think the reality will come to
33:30
Speaker 9: the conclusion that there need to be a proportion of
33:32
Speaker 9: people locked away, and when they're locked away, we're safer.
33:36
Speaker 3: Yeah, that's that anyway.
33:38
Speaker 9: David seymore on the privacy of the fit.
33:40
Speaker 3: Do you kill?
33:40
Speaker 9: The fairies are partly privatized, you know, and if they
33:44
Speaker 9: improve the service, who.
33:45
Speaker 3: Could do a worse child than what okay, civil I
33:48
Speaker 3: would make for your next All the problems of the
33:51
Speaker 3: world solved here before sex even Who's talked To.
34:01
Speaker 2: For more from earlier edition with Ryan Bridge, listen live
34:04
Speaker 2: to Newstalk STB from five am weekdays, or follow the
34:07
Speaker 2: podcast on iHeartRadio