Latest / Early Edition with Ryan Bridge / Full Show Podcast: 31 March 2026
Transcript
- 0:01Speaker 1: The issues, the interviews and the insight. Ryan Bridge on
- 0:05Speaker 1: earlier this show with one roof love where you live
- 0:09Speaker 1: news talks.
- 0:09Speaker 2: It'd be good morning, six after five. Great to have
- 0:11Speaker 2: your company. We'll speak to Cameron Beggriy on this new
- 0:13Speaker 2: ASP report that has inflation peaking at four percent. Donald
- 0:16Speaker 2: Demo is an Australia for US builders are doing home renos,
- 0:19Speaker 2: not new builds. We'll look at the snail mail between
- 0:23Speaker 2: Labor and National on the India FDA and not a
- 0:26Speaker 2: great time to have a kidney disease.
- 0:29Speaker 1: The agenda.
- 0:30Speaker 2: Tuesday, the thirty first of March. Trump's on social media
- 0:33Speaker 2: he says We're going to do a deal with the
- 0:35Speaker 2: new regime in Iran. Marco Rubio is fronting the media.
- 0:38Speaker 3: Well, they are talking to us in ways that previous
- 0:41Speaker 3: people in charge in Iran have not spoken to us
- 0:44Speaker 3: in the past. Some of the things they're willing to do,
- 0:46Speaker 3: some of the things they're saying they're willing to do.
- 0:48Speaker 2: Obviously they have to go do it.
- 0:49Speaker 3: We're going to test our proposition very strongly because we
- 0:52Speaker 3: always prefer to settle things tough negotiation and diplomacy, but
- 0:56Speaker 3: we also have to be prepared for the fact that
- 0:58Speaker 3: that effort might fail.
- 0:59Speaker 2: Iran still talking tough as they do.
- 1:02Speaker 4: Aggression and occupation will yield no results other than the
- 1:05Speaker 4: humiliating capture, dismemberment, and disappearance of the aggressors. American commanders
- 1:11Speaker 4: and soldiers will become food for the sharks of the
- 1:13Speaker 4: Persian goal.
- 1:14Speaker 2: Pakistan's is we've got the place, mets out, we've got
- 1:16Speaker 2: the dinner, we're out, We're really to host peace talk.
- 1:19Speaker 5: There is a real fine line that Pakistan is trying
- 1:21Speaker 5: to balance being able to speak to both sides. We
- 1:24Speaker 5: know that they are passing messages between both sides, but
- 1:27Speaker 5: whether or not that is going to materialize into talks,
- 1:30Speaker 5: whether those talks will take place here in Azamabad, we
- 1:33Speaker 5: still don't know.
- 1:34Speaker 2: Now let's go to the other war. Ukraine. They want
- 1:36Speaker 2: an energy ceasefire with Russia. That's basically, don't bomb our
- 1:39Speaker 2: power plants please, and we won't touch yours. But it's
- 1:42Speaker 2: all tied to a run. Some of Ukraine's.
- 1:44Speaker 6: Partners has asked him to reduce Ukraine's attacks on Russia's
- 1:51Speaker 6: energy infrastructure because clearly, as field prices are surging across.
- 1:57Speaker 2: The globe, everyone needs to keep their housewarm, don't they find?
- 2:00Speaker 2: Only the BBC can't get itself out of the headlines.
- 2:02Speaker 2: High profile Radio two host Scott Mills. He's been given
- 2:06Speaker 2: the sack this over allegations to do with his personal conduct.
- 2:09Speaker 7: The fact that the bosses have had to do this
- 2:12Speaker 7: means there must be something potentially very significant here to
- 2:15Speaker 7: let one of their big names go. We're now asking
- 2:18Speaker 7: questions about another megastar at the BBC who was on
- 2:21Speaker 7: between three hundred and fifty five thousand pounds and three
- 2:24Speaker 7: hundred and fifty nine thousand pounds per year.
- 2:28Speaker 1: Get ahead of the headlines on an early edition with
- 2:31Speaker 1: Ryan Bridge and one roof Love where you.
- 2:34Speaker 2: Live News Talks, it'd be eight after five, So the
- 2:37Speaker 2: Aussies have blinked, hadn't they. Elbow has got a bit
- 2:40Speaker 2: panicked deer in the headlights and he is having the
- 2:43Speaker 2: excise on petrol.
- 2:44Speaker 8: We're making feel cheap in today because we understand that
- 2:48Speaker 8: Australians are under serious pressure.
- 2:50Speaker 2: Two point six billion dollars. It's actually uncosted, but they
- 2:54Speaker 2: reckon two point six billion dollars is what it will cost.
- 2:57Speaker 2: That's based on your averduce, et cetera. But it's under
- 3:00Speaker 2: cost it it could go on. You know, everyone could
- 3:02Speaker 2: go fill up every day for three months and bankrupt
- 3:05Speaker 2: the government. That's the plan. So over here we're doing
- 3:08Speaker 2: things very differently. You may have noticed but Jim Chalmer's
- 3:12Speaker 2: language and you had to laugh reading this. They he
- 3:15Speaker 2: described it as temporary, timely and responsible, as opposed to
- 3:20Speaker 2: Nicola Willis who describes ours as temporary, timely and targeted.
- 3:24Speaker 2: You see ours as much more targeted than that. So
- 3:27Speaker 2: he says this award off recession. His reasoning is, if
- 3:30Speaker 2: I don't do this, we will end up like in
- 3:33Speaker 2: COVID when people wish stuck in their homes and basically
- 3:36Speaker 2: and shut down, lockdown. That's what we'll get to. And
- 3:41Speaker 2: so I need to make sure that the country is
- 3:43Speaker 2: still moving. And he encouraged people to go for a
- 3:45Speaker 2: drive and go away for Ester. So very different kettle
- 3:50Speaker 2: of fish over in Australia. Go and enjoy your Easter holidays.
- 3:54Speaker 2: There is no budget offset. This is going on the
- 3:58Speaker 2: credit card. They're running the same as US running structural
- 4:00Speaker 2: deficit over in Australia. And even some labor MPs were
- 4:04Speaker 2: quoted yesterday saying scratching their heads, we just can't get
- 4:08Speaker 2: our heads around this. We have studied article after article
- 4:11Speaker 2: that says this doesn't help. It is a quick, short
- 4:14Speaker 2: term sugar hit. Why are we doing it? Perplexed was
- 4:19Speaker 2: the word that they used. Ten after five, Ryan Bridge, Well,
- 4:22Speaker 2: the polls. Remember the pole we told you about yesterday.
- 4:25Speaker 2: That would be one reason I would have thought, not
- 4:27Speaker 2: that they're crash diving, but his popularity is and he
- 4:31Speaker 2: wants to make sure he stays in charge. Ten after five,
- 4:35Speaker 2: We'll talk where you can get good kidney help in
- 4:38Speaker 2: New Zealand, because it depends where you live. Newstalk, SAIDB.
- 4:42Speaker 1: On your radio and online on Iheard Radio Early Edition
- 4:46Speaker 1: with Ryan Bridge and one roof Love where you live?
- 4:50Speaker 2: News Talk SEDB. News Talk, SAIDB. There's two prices for
- 4:53Speaker 2: Brent futures. The brink cruded is the you know, the
- 4:56Speaker 2: one everyone talks about in the media, But there's actually
- 4:58Speaker 2: two prices when people talk about Brent crude futures. There's
- 5:02Speaker 2: the futures of one hundred and sixteen dollars a barrel.
- 5:05Speaker 2: That is the price of the front month contract, which
- 5:08Speaker 2: expires on March thirty first, so today tomorrow for America
- 5:12Speaker 2: for delivery in May. So you've got your May price
- 5:15Speaker 2: one hundred and sixteen, and then you've got your April
- 5:18Speaker 2: with delivery June price. That's one hundred and eight dollars
- 5:22Speaker 2: a barrel. So May delivery one hundred and sixteen, June
- 5:25Speaker 2: delivery one hundred and eight. Both of those prices were
- 5:29Speaker 2: up on the back of news that maybe they'll send
- 5:31Speaker 2: some troops in to get some uranium out of Iran.
- 5:33Speaker 2: But what's interesting is that the price eases as the
- 5:37Speaker 2: months progress. Rain Bridge, right, Let's talk kidney failure, well,
- 5:42Speaker 2: kidney dialysis in New Zealand this morning. Bit a concern
- 5:45Speaker 2: about this. Health New Zealand has admitted it is under
- 5:48Speaker 2: funding treatments, specifically dialysis in some areas of the country,
- 5:52Speaker 2: and there is a warning about an increase in demand,
- 5:55Speaker 2: a tsunami of demand. Maddie kay is General manager at
- 5:58Speaker 2: Kidney Health New Zealand, joins us this morning. Many good morning,
- 6:02Speaker 2: good morning, thanks for having me on. Good to have
- 6:04Speaker 2: you on. So where is it? Where is the worst
- 6:07Speaker 2: place in New Zealand? Do we know if you need dialysis?
- 6:11Speaker 9: I mean that's a really good question. I don't know
- 6:14Speaker 9: if we have a really clear understanding of which of
- 6:17Speaker 9: our units is under the most pressure, but it's really
- 6:19Speaker 9: clear that every unit around the country is struggling. I
- 6:22Speaker 9: think christ Church have come forward and talked about their
- 6:25Speaker 9: concern of having to get to the point where people
- 6:27Speaker 9: might be rationed, and we've seen, you know, some scurrying
- 6:31Speaker 9: to suddenly recruit more staff. But I think that if
- 6:34Speaker 9: we spoke to each unit, that'd be feeling similar pressures.
- 6:37Speaker 9: And I know that in some units around the country,
- 6:42Speaker 9: you know, they are already providing four shifts of dialysis
- 6:45Speaker 9: a day, and dialysis shifts last for five hours, so
- 6:49Speaker 9: you know that's getting well, that's the maximum that we
- 6:51Speaker 9: can provide, and so when they hit capacity, you know,
- 6:55Speaker 9: they don't have any wiggle room to recruit more staff.
- 6:58Speaker 9: Those machines will be in use. They need a structured
- 7:01Speaker 9: plan in place.
- 7:02Speaker 2: Maddie, what does rationing look like? Doesn't everyone need it?
- 7:07Speaker 9: Yeah, I mean it's really tragic, and I feel for
- 7:10Speaker 9: the patients who came forward to talk about how frightened
- 7:13Speaker 9: they felt. Dialysis is a life sustaining treatment and we
- 7:17Speaker 9: would absolutely want people to have access to high quality care.
- 7:20Speaker 9: You know, the doctors that came forward in christ It
- 7:22Speaker 9: talked about the fact that no one trains for decades
- 7:25Speaker 9: to provide care that is below the minimum standard. And yeah,
- 7:30Speaker 9: we would hope that the government would come forward with
- 7:32Speaker 9: a plan to ensure that no one is facing ration dialysis.
- 7:35Speaker 2: What's our problem matter? Is it not enough machines? Because
- 7:38Speaker 2: I heard that people can do this at home? Is
- 7:41Speaker 2: that a sort of a backup option? Do we need
- 7:43Speaker 2: more machines or do we need more nurses helping to
- 7:45Speaker 2: do it or both?
- 7:48Speaker 9: I mean, I think the main thing we need is
- 7:49Speaker 9: a plan. I think it's you know, there's multiple factors
- 7:52Speaker 9: that would make a difference. I think, you know, one
- 7:55Speaker 9: of the issues with getting people on home dialysis is
- 7:58Speaker 9: making sure that we have people in the units that
- 8:00Speaker 9: can train people how to dialize at home. It's reasonably complicated.
- 8:04Speaker 9: You want to have comprehensive support, you want to feel
- 8:07Speaker 9: that you're resourced, and then you know, we're conscious that Yeah,
- 8:12Speaker 9: like I said, some of the units around the country
- 8:14Speaker 9: aren't offering you three shifts a day, and that's generally
- 8:19Speaker 9: due to staff and constraints. So I think there's multiple
- 8:22Speaker 9: factors that would make a massive difference. I do think
- 8:24Speaker 9: it's important to remember that not everyone would be eligible
- 8:27Speaker 9: to dialize at home. You know you need to be
- 8:30Speaker 9: meet the medical criteria to do that, so we do
- 8:33Speaker 9: need to be able to service the demand for dialysis
- 8:36Speaker 9: in center as well.
- 8:38Speaker 2: Yeah, a bit freaky jabbing yourself with a big needle
- 8:40Speaker 2: at home too. Maddie, really appreciate your time this morning.
- 8:42Speaker 2: Thank you. That's Maddie k, general manager at Kidney Health
- 8:45Speaker 2: New Zealand. Seventeen minutes after five. By the way, the
- 8:50Speaker 2: Health New Zealand has said that there is a plan coming,
- 8:53Speaker 2: but there is an internal process that it has to
- 8:55Speaker 2: go through first, So there you go. Good morning Ryan
- 9:00Speaker 2: from John. Morning John. I have a five point seven
- 9:02Speaker 2: liter SS Commodore and a late model Ranger, which both
- 9:06Speaker 2: do nine and a half k's to the Lita on
- 9:09Speaker 2: a trip, so when you take rucks into account, the
- 9:12Speaker 2: Commodore is now cheaper to run than the Ranger. Chloe's
- 9:16Speaker 2: going to love this. Seventeen after five, nine two nine
- 9:19Speaker 2: two the number to text. You're on News Talk ZB
- 9:22Speaker 2: and next we're going to talk builders. What's the price
- 9:25Speaker 2: They're doing a lot more renos now than they are
- 9:27Speaker 2: new builds or KO houses, but what's the price difference
- 9:30Speaker 2: if you were to price a job today as a
- 9:32Speaker 2: builder versus a month ago as a builder? How much
- 9:36Speaker 2: would that have changed? News Talk SEB.
- 9:40Speaker 1: News and Views You Trust to start your day, It's
- 9:43Speaker 1: early Ediship with Bryan Bridge and one roof Love Where
- 9:47Speaker 1: you Live.
- 9:48Speaker 2: News Talks B five twenty On News Talks, heb Todd.
- 9:51Speaker 2: Mcclay's got to make a decision. Does he sign the
- 9:53Speaker 2: India FTA before getting the support of parliamentary parties because
- 9:56Speaker 2: New Zealand first doesn't want it. Labor is on the fence,
- 9:59Speaker 2: wants more detail. Do you go ahead and sign the
- 10:02Speaker 2: thing before you know Parliament will pass it. Mody's coming
- 10:05Speaker 2: here later in the year, so you'll definitely want to
- 10:08Speaker 2: have it signed by then, and Labor is sort of
- 10:11Speaker 2: dragging the chain. They have written to maclay and apparently
- 10:14Speaker 2: he took a month to reply to their letter, so
- 10:17Speaker 2: within four days then Hipkins writes him another letter. He
- 10:21Speaker 2: has not had a response to the second letter yet,
- 10:23Speaker 2: so they've got to sort this out, and they've got
- 10:25Speaker 2: to sort it out quickly. Ray and Bridge five twenty Right,
- 10:28Speaker 2: our house renovations are basically keeping builders busy at the moment.
- 10:31Speaker 2: In the year to February, construction jobs went backwards two
- 10:34Speaker 2: point one percent. Manufacturing was down one point six these
- 10:37Speaker 2: with the numbers out yesterday, that's nearly eight thousand jobs
- 10:40Speaker 2: gone in a year. Malcolm Fleming, New Zealand Certified Builders
- 10:43Speaker 2: CEO with US this morning. Hey Malcolm, good morning, Ryan.
- 10:46Speaker 2: Job's going well? Where are the workers going?
- 10:48Speaker 10: Was he?
- 10:51Speaker 11: For the last two years has been pretty tough for
- 10:53Speaker 11: the construction industry, with some reporting talking about fifteen thousand
- 10:57Speaker 11: plus jobs. The part of the sector of people who
- 11:01Speaker 11: have ever left the industry, it's about the industries here
- 11:04Speaker 11: in New Zealand or departed overseas and as you say,
- 11:07Speaker 11: to destroy has been a key destination.
- 11:09Speaker 2: What proportion of the work here now is renolds versus
- 11:13Speaker 2: new builds versus state housing stuff like that.
- 11:17Speaker 11: If I look at our membership and what they're telling me,
- 11:20Speaker 11: over half of their workload going forward is in the
- 11:24Speaker 11: renovation area. That's one area of the market that has
- 11:28Speaker 11: stood up. Looking at stacks in New Zealand's the statistics
- 11:32Speaker 11: over the last twelve months or so, most other things
- 11:35Speaker 11: have fallen away. What would it normally be, It would
- 11:40Speaker 11: be renovations would be below fifty percent. New builds. The
- 11:46Speaker 11: area that has sort of fallen away quite a lot,
- 11:49Speaker 11: and so well qualified builders with the ability to do
- 11:54Speaker 11: so move across and can do things like renovations and
- 11:59Speaker 11: small commercial and other parts of the market.
- 12:02Speaker 2: Malcolm, if you were pricing a job today, I was
- 12:04Speaker 2: thinking about this this morning, pricing a job today versus
- 12:07Speaker 2: say February. You know, before the war began, back in
- 12:10Speaker 2: the golden times, how much extra would you be building
- 12:13Speaker 2: into a job.
- 12:16Speaker 11: Well, talking to merchants over the last couple of weeks,
- 12:22Speaker 11: we're starting to see irregular increases to materials starting to
- 12:26Speaker 11: fly on through. It's almost reminiscent of COVID times across
- 12:29Speaker 11: twenty twenty twenty twenty two, when there was almost fort
- 12:33Speaker 11: the updates to the merchant lists. So they range really
- 12:38Speaker 11: sort of the fuel prices that are being added on,
- 12:42Speaker 11: and they're addings of four percent, eighty percent. This is
- 12:46Speaker 11: an indication across the board. But these are fuel costs
- 12:50Speaker 11: that have been put onto the delivery of products and
- 12:53Speaker 11: added to the delivery costs.
- 12:54Speaker 2: And therefore would the price of a build go up
- 12:57Speaker 2: four to eight percent potentially right.
- 13:02Speaker 11: At the moment in the middle of all this, the
- 13:04Speaker 11: cost of build is going up.
- 13:07Speaker 2: Appreciate your time this morning. Malcolm, thanks for being with me.
- 13:10Speaker 2: Malcolm Fleming, who is certified to build a CEO. It
- 13:12Speaker 2: is twenty three minutes after five ray Bridge. She's a painting. Well,
- 13:18Speaker 2: they didn't think it was a rem Brand. They thought
- 13:19Speaker 2: it was a copy of a rem Brand and it's
- 13:23Speaker 2: in a privately owned UK art institute and they was
- 13:29Speaker 2: hanging on the wall for ages and they thought, oh,
- 13:31Speaker 2: that's a nice painting that looks like a rem Brand.
- 13:33Speaker 2: That's not really a rem Brand. It's a picture of
- 13:36Speaker 2: It's called old Man with a gold Chain. It's literally
- 13:39Speaker 2: an old man with a gold chain around his neck
- 13:41Speaker 2: and a hat on his head. And you know this
- 13:44Speaker 2: is the Dutch master seventeenth century. Beautiful but is it
- 13:49Speaker 2: actually his well for ages they said no, it's a
- 13:54Speaker 2: near life size depiction of an older man. And for
- 13:57Speaker 2: the first time in four centuries, the two portraits have
- 13:59Speaker 2: been being reunited by the Art Institute of Chicago and
- 14:04Speaker 2: they now believe they were both painted by Rembrandt. So
- 14:07Speaker 2: there you go. Imagine what it'd be worth. Twenty four
- 14:10Speaker 2: after five News Talks VB. We are Larved Australia after
- 14:13Speaker 2: News at five point thirty and Cameron bagriy are on
- 14:16Speaker 2: the latest inflation numbers from the ASB report. That's before
- 14:18Speaker 2: six the.
- 14:19Speaker 1: Early edition full show podcast on iHeartRadio Power by NEWSTALKSB.
- 14:25Speaker 2: News TALKSB twenty six minutes after five. As far as
- 14:28Speaker 2: conditions go before a grand opening, you couldn't do much
- 14:32Speaker 2: better than a petrol spike or a fuel crisis for
- 14:35Speaker 2: the city rail link in Auckland, could you. Construction and
- 14:39Speaker 2: testing due to be finished within three months, then it's
- 14:41Speaker 2: a handover period to the operators. They need another three months,
- 14:45Speaker 2: so we'll be using this thing apparently September, and I'm
- 14:49Speaker 2: told they will depart every four to five minutes in
- 14:53Speaker 2: the city underground in the CBD every four to five minutes,
- 14:56Speaker 2: so you walk down and within a couple of minutes
- 14:58Speaker 2: you'll be on a train. The cost is FI and
- 15:00Speaker 2: a half billion dollars, half funded by the Crown, so Gore,
- 15:03Speaker 2: you've pitched in. Thank you. What's more, Wayne Brown reckons
- 15:07Speaker 2: the operational cost mean that what would have been a
- 15:10Speaker 2: zero percent rate increase this year will instead be something
- 15:13Speaker 2: like seven So it's costing us pretty bloody important we
- 15:17Speaker 2: get it right. Given the size of the capital and
- 15:20Speaker 2: the operational spend and the size of the current petrol
- 15:22Speaker 2: bills that people are staring down the barrel of one
- 15:26Speaker 2: quickly as possible, please two as conveniently as possible. And
- 15:30Speaker 2: on the latter transport people train people are sounding some
- 15:33Speaker 2: alarm bells about this. That's because AT is taking a
- 15:37Speaker 2: transitional approach, a transitional timetable for the first six months
- 15:42Speaker 2: of its operation, meaning fewer trains than we were promised.
- 15:45Speaker 2: On the Western Line, for example, the spacing of the
- 15:49Speaker 2: trains means that commuters could end up waiting longer for
- 15:52Speaker 2: their service than they do right now. That would be
- 15:56Speaker 2: a disaster. This thing needs to sing in full voice
- 15:59Speaker 2: from day dot, which is when people will stress test it.
- 16:02Speaker 2: That's what you do something new and shiny, you go
- 16:04Speaker 2: check it out first. Impressions are everything. If you don't
- 16:08Speaker 2: make a material difference from day one, people might just
- 16:11Speaker 2: write you off. So the pressure is on to get
- 16:14Speaker 2: the CRL up and running sooner, I think, and then
- 16:16Speaker 2: operate quicker than the speed of sound. Frankly, achieving the
- 16:20Speaker 2: goal of transforming drivers into train riders depends on it,
- 16:24Speaker 2: and conditions have never been better. Bran Bridge twenty eight
- 16:29Speaker 2: after By the way, we have fifty nine days of
- 16:33Speaker 2: petrol in the country, fifty four days of diesel, and
- 16:36Speaker 2: fifty days of jet fuel. Petrol up, diesel up, jet
- 16:39Speaker 2: fuel down. There's your update benefits. If you're on a
- 16:44Speaker 2: benefit and you're listening to this this morning, you're up
- 16:47Speaker 2: early the amount extra you're getting. A single person over
- 16:51Speaker 2: twenty five from tomorrow on the job seeker, you'll get
- 16:55Speaker 2: an extra twenty two bucks a fortnight, a couple with
- 16:58Speaker 2: children extra forty a fortnite. And if you have children
- 17:03Speaker 2: then you also get the family tax credit. You get
- 17:05Speaker 2: the family tax credit regardless of whether you're working or not.
- 17:09Speaker 2: There's two things. There's a family tax credit and a
- 17:11Speaker 2: working for family's tax credit. The family tax credit will
- 17:15Speaker 2: go up extra four hundred dollars a year, that rising
- 17:18Speaker 2: to seven hundred and twenty dollars for families with two children.
- 17:20Speaker 2: That's all happening tomorrow, and super will lift more than
- 17:25Speaker 2: fifty bucks a fortnite for a married couple. O't there
- 17:28Speaker 2: you go something to enjoy and look forward to from tomorrow.
- 17:32Speaker 2: News Talks B. We'll get to Donald J. Mayo out
- 17:34Speaker 2: of Australia next.
- 17:41Speaker 1: The news you need this morning and the in depth
- 17:43Speaker 1: Analysis Early edition with Ryan Bridge and One Root Love
- 17:48Speaker 1: Where You Live.
- 17:49Speaker 10: News Talks at b.
- 17:53Speaker 2: Pay Far Away from six Tuesday morning on News Talk Zibe.
- 17:56Speaker 2: Coming up Cameron Bagriy on the inflation number that we
- 17:59Speaker 2: got from a yesterday. They reckon it's going to peak
- 18:01Speaker 2: at four percent. The Aussie is, by the way, peeking
- 18:03Speaker 2: at five percent. We will head there too with Donod Demayo.
- 18:06Speaker 2: Talk about that sovereign citizen Scott Besson over in the US.
- 18:10Speaker 2: We talk about this how often because he seems to
- 18:12Speaker 2: me to be a smart and reasonable person within Trump's cabinet.
- 18:15Speaker 2: He's the Treasury secretary, former Wall Street guy. He's done
- 18:19Speaker 2: an interview overnight. So the situation is we are ten
- 18:21Speaker 2: to twelve million barrels per day short of oil. There's
- 18:26Speaker 2: a bit of movement on the Strait. They had ten
- 18:28Speaker 2: ships through yesterday, they had twenty through in the last day,
- 18:32Speaker 2: and stuff is moving a little bit more because the
- 18:35Speaker 2: Americans have unsanctioned the Russian and the Iranian crew that's
- 18:39Speaker 2: on the water at the moment. We've got the strategic
- 18:42Speaker 2: release of the oil reserves coming, and some countries are
- 18:44Speaker 2: actually now cutting deals with the Iranians to get ships
- 18:47Speaker 2: through the Strait. So Beston's done an interview and says,
- 18:51Speaker 2: don't worry, we're going to take it over one day soon.
- 18:53Speaker 10: Anyway, over time, the US is going to retake control
- 18:57Speaker 10: the streets and there will be free of navigation, whether
- 19:01Speaker 10: it is through US escorts or a multinational escort.
- 19:05Speaker 2: What about the Houthis and the Red Sea? Are you
- 19:07Speaker 2: worried about the Hoothea Not as much.
- 19:08Speaker 10: The Hooties have been very quiet so far. I think
- 19:11Speaker 10: that the showing was Israel specific. This time last year
- 19:17Speaker 10: we had a bombing campaign against the Hooties and they've maintained.
- 19:23Speaker 10: They've been pretty quiet so far, and I would expect
- 19:26Speaker 10: them to likely remain that way.
- 19:27Speaker 2: You've got to hope so because six million barrels a day,
- 19:30Speaker 2: that's how much Saudi Arabia is sending from the Strait
- 19:34Speaker 2: in some pipes to the Red Seas, So if they
- 19:36Speaker 2: hit the Red Sea too, then you kind of bug
- 19:38Speaker 2: it at both ends. Bryan Bridge, our reporters. Colum First,
- 19:42Speaker 2: Good morning, Cullum. Well, I'm right, you've got a new
- 19:44Speaker 2: emergency plan, yeah.
- 19:46Speaker 12: For South in the region's Civil Defense Group in South
- 19:49Speaker 12: has been looking into the threat to South and of
- 19:51Speaker 12: a major quake in the Pasiga Trench that's near Fjordland.
- 19:56Speaker 12: This quake could generate waves affecting the lower South Island
- 19:59Speaker 12: and beyond. But the plan warns some tsunami scenarios may
- 20:03Speaker 12: leave no time for alerts and so with that civil
- 20:06Speaker 12: defenses warning people should evacuate immediately of shakings long and
- 20:09Speaker 12: strong according to local Democracy. The plan also notes a
- 20:12Speaker 12: seventy five percent chance of a major alpine fault earthquake
- 20:16Speaker 12: within the next fifty years, so it's warning areas like
- 20:19Speaker 12: Fiordlands and Rakiura could face prolonged disruption in that major emergency.
- 20:23Speaker 2: All right, how's your weather for Danita and Vikago today?
- 20:27Speaker 12: Old shower through the day, clearing to find this evening
- 20:29Speaker 12: strong south westerly and highs of thirteen today.
- 20:32Speaker 2: All right, Claires and christ Church morning Plaier, Good morning.
- 20:35Speaker 2: Why are the trades who built christ Church's temporary stadium
- 20:38Speaker 2: heading back to it?
- 20:39Speaker 4: Yeah?
- 20:40Speaker 13: Well, look, this is a case of one hundreds of
- 20:42Speaker 13: electrician scaffolders, concrete workers and the rest who worked on
- 20:46Speaker 13: Apollo Project stadium coming together again this good Friday for
- 20:50Speaker 13: the final Crusaders match at the venue. It's the one
- 20:53Speaker 13: that looks like a whole bunch of scaffolding put together,
- 20:55Speaker 13: or I always call it the Micanos Stadium. It was
- 20:58Speaker 13: built in only one one hundred days.
- 21:00Speaker 14: That was fourteen years ago.
- 21:02Speaker 13: All we know at this point is that the structures
- 21:04Speaker 13: and stands will be removed once one in zed stadium
- 21:07Speaker 13: opens next month. What happens from there is still yet
- 21:10Speaker 13: to be confirmed. This is a reunion of the trades
- 21:14Speaker 13: organized by AOTR Electric contracts manager Tim Kennedy. He says
- 21:18Speaker 13: the work at the time was simply organized chaos, but
- 21:21Speaker 13: he also has really great memories of lots of collaboration
- 21:24Speaker 13: between all the subtradees on the site. He says he
- 21:27Speaker 13: had scaffolders helping out his electricians, which usually wouldn't happen
- 21:30Speaker 13: on a normal job, but they knew this was a
- 21:32Speaker 13: really special project. So they're getting together to raise a.
- 21:35Speaker 15: Glass to us.
- 21:36Speaker 2: Very cool. How's your weather?
- 21:37Speaker 13: Mostly cloudy today there is the odd early shower about
- 21:40Speaker 13: southwesterlies and a high of thirteen.
- 21:43Speaker 2: Nice one. Thank you Max and Willington. Morning Max, good morning.
- 21:46Speaker 2: Bit of a rebrand cost warning, Yes, so.
- 21:50Speaker 16: The act party wants this stuff done faster. Renaming rebranding
- 21:54Speaker 16: government agencies with that English First directive.
- 21:57Speaker 17: Act.
- 21:57Speaker 16: MP Todd Stevenson has written to Minister Judith Collins this
- 22:00Speaker 16: month saying effectively, get it done. It notes that the
- 22:03Speaker 16: government's main web page has its branding in telley O
- 22:07Speaker 16: Maori first. Judith Collins's position on this is it's a
- 22:10Speaker 16: case by case basis and sometimes the cost just doesn't
- 22:13Speaker 16: add up. And what's more important to her is well
- 22:16Speaker 16: obviously delivering more effective services making the most of taxpayer dollars.
- 22:20Speaker 16: You've also got Sir Brian Roach reminding agencies, departments and
- 22:23Speaker 16: politicians even to be mindful of every dollar spent in
- 22:26Speaker 16: the public sector. So you've got this slight difference of
- 22:28Speaker 16: opinion on priority. Obviously the ACT Party wants more cohesion
- 22:32Speaker 16: in style, the government a little more relaxed, I should
- 22:35Speaker 16: National Party, I should say a little more relaxed about
- 22:37Speaker 16: this whole English first thing.
- 22:39Speaker 2: You don't want to cost You're going to watch the
- 22:41Speaker 2: poutia in YAKITTI don't you make.
- 22:45Speaker 17: It with us.
- 22:47Speaker 2: Cloudy period southerly sixteen.
- 22:51Speaker 18: Just responding finish, Yes, it's funny morning Nevor, good morning
- 23:00Speaker 18: now augand Transport's going to provide one hundred replacement buses.
- 23:03Speaker 11: Yes.
- 23:04Speaker 15: Now this is because we're heading into this April rail shutdown,
- 23:08Speaker 15: so there's going to be closures or partial closures. Now,
- 23:11Speaker 15: this will happen this Easter weekend also Anzac Day weekend,
- 23:15Speaker 15: and there's going to be other periods throughout the month.
- 23:18Speaker 15: So AT is going to be testing the timetable. Of
- 23:20Speaker 15: course the City rail Link and it's set to open
- 23:23Speaker 15: later this year. So what will happen is that there's
- 23:26Speaker 15: going to be sixty percent more buses available compared to
- 23:29Speaker 15: the closures in January. And this will include express options
- 23:32Speaker 15: for Western and Southern Line passengers. Yay, So that hopefully
- 23:36Speaker 15: will make everyone happy for April.
- 23:38Speaker 2: Keep everybody moving. How's our weather party?
- 23:40Speaker 15: Cloudy, isolated showers twenty one is the highre and auclay.
- 23:43Speaker 2: Maybe I have a quick idea to talk to you about.
- 23:44Speaker 2: You know, how we're going to be the first to
- 23:46Speaker 2: ride the new City rail Link, correct when it will
- 23:49Speaker 2: be first on there and first passengers we'll get the
- 23:52Speaker 2: first tickets all of that stuff. But there was an
- 23:55Speaker 2: idea from Alberaniza yesterday in Australia that people in the
- 23:57Speaker 2: cities should go on public use, public transport and leave
- 24:02Speaker 2: the fuel for the people in the countryside. Do you
- 24:04Speaker 2: think we should do something like that here?
- 24:05Speaker 15: Like, well, if that happens, then I'd have to catch
- 24:07Speaker 15: the bus. The last time I caught a bus was
- 24:11Speaker 15: nineteen seventy five.
- 24:13Speaker 2: To be fair, you're the working hours don't really suit
- 24:15Speaker 2: a bus.
- 24:15Speaker 15: Yes, no, well that's quite right. We cannot catch the bar.
- 24:18Speaker 15: But yeah, this I mean, look, even in the news room,
- 24:21Speaker 15: one of our colleagues went out and bought a moped yesterday,
- 24:24Speaker 15: really last night, Jodi A wow, she's because of the yes,
- 24:29Speaker 15: and so she lives outside of the region where where
- 24:32Speaker 15: you and I will we live a lot closer. And
- 24:35Speaker 15: she thought she would save on petrol and she was
- 24:37Speaker 15: telling me all about it, fifteen dollars to fill up,
- 24:40Speaker 15: you know, ninety one and she you know, I was
- 24:43Speaker 15: gonna say motorbike and.
- 24:45Speaker 2: She zoomed in the same and what's the verdict?
- 24:48Speaker 15: Great, she said, it's fantastic. How far she d well,
- 24:51Speaker 15: because you obviously can't go on the motorway, which is
- 24:53Speaker 15: you know, so well, she's coming from ramas.
- 24:58Speaker 2: Li, I have a scooter. I meant your priority.
- 25:02Speaker 15: You didn't want to be judging judge, because I thought,
- 25:04Speaker 15: you know, at least you and I we go in
- 25:06Speaker 15: from you know, one basement into another and we're here
- 25:08Speaker 15: in three minutes.
- 25:09Speaker 2: Exactly, all right, Okay, good to know. Basically, basically the
- 25:12Speaker 2: moral of the story is to the people who are
- 25:15Speaker 2: living in the country right now. No, there's no help.
- 25:19Speaker 15: And do you know what she did say though, I've
- 25:21Speaker 15: just got to say that she said when she went
- 25:22Speaker 15: in to buy the two other people were there.
- 25:25Speaker 2: Oh, really buying one?
- 25:26Speaker 1: So here you go.
- 25:27Speaker 2: Okay, thank you, neither and good luck. Tody sixteen away from.
- 25:31Speaker 1: Six International Correspondence with ends and eye insurance, Peace of
- 25:36Speaker 1: mind for New Zealand Business fourteen to Sex.
- 25:39Speaker 2: We'll get the Cameron bagery and a second, it's got
- 25:41Speaker 2: to Donald Tomoro out of Australia. Don a good morning,
- 25:44Speaker 2: good morning to you. What's the We was Dezzy Freeman
- 25:47Speaker 2: hiding all this time before he was shot by police?
- 25:49Speaker 14: Do we know Dizzy Freeman, as you know, was on
- 25:53Speaker 14: the run since last August when he did fatally shoot
- 25:56Speaker 14: two police officers at his poor Punker property. And we
- 26:00Speaker 14: know that yesterday he was about one hundred and ninety
- 26:04Speaker 14: kilometers away. It's about a two and a half hour drive.
- 26:06Speaker 14: He was in an area called Wohwah which is on
- 26:08Speaker 14: the Victorian boarder with New South Wales and police is
- 26:12Speaker 14: still unsure how or when Desi Freeman left the Poor
- 26:16Speaker 14: Punker area, and we've heard from the Chief Commissioner Mike Bush,
- 26:18Speaker 14: who says he's keen to establish if anyone, well, you know,
- 26:22Speaker 14: he thinks possibly someone may have helped him leave the
- 26:25Speaker 14: area and he says those people will be held accountable.
- 26:29Speaker 14: He says he has no sympathy for anyone who is
- 26:32Speaker 14: harbored a police killer. What we do know is during
- 26:36Speaker 14: that incident where Freeman was killed, he was in dialogue
- 26:41Speaker 14: with officers for about three hours, so it was a
- 26:44Speaker 14: three hour standoff. And we know that Freeman was in
- 26:47Speaker 14: a shipping container at this property in Wahwah and that
- 26:50Speaker 14: a firearm was presented that's how police have phrased it,
- 26:54Speaker 14: and it was likely or quite likely loaded, as they
- 26:57Speaker 14: put it, and police say he was given every every
- 27:00Speaker 14: opportunity to give himself up peacefully and safely, and then
- 27:04Speaker 14: as police phrase, did it again, tactics were deployed that
- 27:08Speaker 14: police will not go into detail about. And we also
- 27:12Speaker 14: have heard from the Victorian Premier premier about what happened,
- 27:15Speaker 14: and she put it an evil man is now dead.
- 27:19Speaker 10: Yeah.
- 27:19Speaker 2: What are people thinking about Elbow's field tax cut?
- 27:23Speaker 6: Ah?
- 27:24Speaker 14: Yes, well we have heard that the fuel excise has
- 27:28Speaker 14: been cut by twenty six cents per liter, which sounds
- 27:31Speaker 14: like a great deal. But we also know that the
- 27:36Speaker 14: government is turning to the h PRAC to make sure
- 27:38Speaker 14: that the petrol companies actually pass this on, so we're
- 27:43Speaker 14: sort of waiting with baited breath. In the meantime, we've heard, well,
- 27:47Speaker 14: Victoria and Tasmania both trying to help us out with
- 27:52Speaker 14: these interesting cost of living pressures, as you might put them,
- 27:56Speaker 14: a free transport for Victorians for about a month and
- 28:00Speaker 14: sport in Tasmania for about three months. So let's see
- 28:04Speaker 14: if that helps also a little bit with what is
- 28:06Speaker 14: going on with the fuel price is just continuing to
- 28:10Speaker 14: rise across the country.
- 28:11Speaker 2: Don I thank you? Donald demo out of australia'leaving away
- 28:13Speaker 2: from six back home. Asb's latest update, inflation peaks at
- 28:18Speaker 2: four percent mid year growth down one point six points
- 28:21Speaker 2: from two point nine to one point three. So basically
- 28:23Speaker 2: we go for the year and growth from nearly three
- 28:26Speaker 2: to a little over one. Cameron Bagri Independent economists with
- 28:29Speaker 2: us this morning. Morning, Cameron, you got me, Cameron. We'll
- 28:36Speaker 2: come back to Cameron bagriy once so we can find them. Ah,
- 28:40Speaker 2: there is Hello Cameron, good morning. All right, we'll come
- 28:44Speaker 2: back once that's sorted. Trump I was mentioning earlier what
- 28:47Speaker 2: on earth they are going to do with these ground troops?
- 28:49Speaker 2: Are they going to go take carg Island or what
- 28:51Speaker 2: the hell else have they got on their minds? Well,
- 28:53Speaker 2: there's one hundred pounds of uranium in Iran that apparently
- 28:57Speaker 2: Trump wants his hands on, and it's a very risky
- 29:00Speaker 2: literary operation to go and extract it, but they reckon.
- 29:03Speaker 2: He is currently being advised on ways that you might
- 29:06Speaker 2: be able to do it. And because they're enrich the
- 29:09Speaker 2: uranium beyond what they need it for when it comes
- 29:12Speaker 2: to civilian use, basically power plants, stuff like that. So
- 29:17Speaker 2: after we'll come back to Cameron, hang on a stick,
- 29:20Speaker 2: We'll come back to Cameron and I'll tell you about
- 29:22Speaker 2: the uranium. Cameron, have it? Gotcha?
- 29:25Speaker 17: Yep?
- 29:26Speaker 2: Yeah, there we go, Cameron. Is that a conservative number
- 29:28Speaker 2: from numbers from ASP or about where you would think
- 29:31Speaker 2: it should.
- 29:31Speaker 17: Be at it's probably around your central scenario at the moment,
- 29:35Speaker 17: but look, there's a lot of variance around that central scenario.
- 29:39Speaker 17: If anybody can give me a sort of firm idea
- 29:42Speaker 17: or any economists in regard to how long moves is
- 29:46Speaker 17: going to be closed or how on this event is
- 29:49Speaker 17: going to last for we'll start to put some firm
- 29:51Speaker 17: numbers at the moment. But then all honestly, at the
- 29:53Speaker 17: moment we're whistling Dixie, how long this thing is going
- 29:56Speaker 17: to take place?
- 29:57Speaker 2: It called me battle hardened. But at least we're not
- 29:59Speaker 2: talking about recession.
- 30:03Speaker 17: Oh yeah, I guess. Yeah, then's a your definition of recession.
- 30:07Speaker 17: So if you have a look at what's called GDP
- 30:09Speaker 17: to your capital, Ryan, it's still down three point four
- 30:11Speaker 17: percent speak around three years ago. So in terms of
- 30:17Speaker 17: level of GDP, we're still climbing out an economic hole.
- 30:21Speaker 17: And obviously ASP's forecast, which I agree with, time is
- 30:24Speaker 17: going to move backwards in the gym quarter. Now that
- 30:27Speaker 17: might technically not technically.
- 30:29Speaker 4: Buy in the.
- 30:32Speaker 17: A recession because for theater recession you need to go
- 30:35Speaker 17: back two quarters in a row. But you've got the
- 30:37Speaker 17: level of GDP still three point four percent down from
- 30:39Speaker 17: you from your peak, it's still going to feel like
- 30:41Speaker 17: it's pretty.
- 30:42Speaker 2: Tough out there and break crude price futures before I
- 30:45Speaker 2: came on this morning about one hundred and twelve bucks
- 30:47Speaker 2: in barrel. If we get a headline that says boots
- 30:49Speaker 2: on the ground, what happens to that price.
- 30:53Speaker 17: I saw a headline over the over the weekend, which
- 30:56Speaker 17: is one of the reasons we're seeing all prices new
- 30:57Speaker 17: back up is that your ground of base, you've got
- 31:01Speaker 17: to build up the troops in the Middle East. And
- 31:03Speaker 17: the commentary around that was that if you're going into
- 31:07Speaker 17: a grand invasion, while you're talking months, you're not talking
- 31:09Speaker 17: weeks in regard to the how long this thing's going
- 31:11Speaker 17: to last. So yeah, let's go on. In regard to
- 31:15Speaker 17: markets are thinking, if you look at the forward price
- 31:17Speaker 17: for crude oil, you know, the forward price is still
- 31:19Speaker 17: what's called downmond slope i e. And six months. We're
- 31:22Speaker 17: expecting lower oil prices as opposed to higher all prices.
- 31:25Speaker 17: But yeah, it's anybody's guest. Now in regard to what's
- 31:28Speaker 17: going on, You've got the Whoshi's down and Yemen and
- 31:31Speaker 17: our opening up. What looks like it could be a
- 31:33Speaker 17: seeking potential your choke points, so that the world's on edge.
- 31:36Speaker 17: You know, I'm personally I'm a little bit surprised. Well, markets,
- 31:40Speaker 17: particularly equities have taken this.
- 31:43Speaker 2: Yeah, they've been pretty resilient. Would you be rationing already,
- 31:47Speaker 2: I'd be at libel two, Cameron Beggary. Appreciate your time
- 31:51Speaker 2: this morning, Cameron Begory, Independent Economists. Time is seven to six.
- 31:56Speaker 1: The first word on the News of the Day Early
- 31:58Speaker 1: edition with Ryan and One roof Love where You Live
- 32:03Speaker 1: News Talks.
- 32:04Speaker 2: B us Talk said, bed is five away from six.
- 32:06Speaker 2: I mentioned this just a few seconds ago when we
- 32:08Speaker 2: were talking to Cameron. The uranium that they have enriched
- 32:11Speaker 2: beyond what you need for civilian use in Iran. How
- 32:14Speaker 2: can Trump do anything in terms of a deal if
- 32:17Speaker 2: he doesn't get that uranium out of the country. And
- 32:20Speaker 2: he has asked his advisers about how he can do that,
- 32:22Speaker 2: because that's been the whole point, isn't it. Well, that
- 32:24Speaker 2: and oil, but that's been the whole point. So there's
- 32:27Speaker 2: a lot of it in there. It's beyond what they
- 32:29Speaker 2: need for civilian use. Whether you get that through a
- 32:32Speaker 2: deal or whether you get that by sending troops in
- 32:35Speaker 2: on the ground. For some pretty risky military operations. Well
- 32:39Speaker 2: that's TBC Morning, Mike Greetings, Ryan Racings. Lots of people
- 32:44Speaker 2: buying scooters. Just had a text from Bob says he's
- 32:46Speaker 2: bought one as well.
- 32:47Speaker 8: You mean any scooters.
- 32:49Speaker 2: Well, no, the petrol scooters. Oh, but they're more efficient. Yeah,
- 32:52Speaker 2: they'd be cheaper than a car.
- 32:54Speaker 8: I don't believe that.
- 32:55Speaker 2: Think of how big a car is. Yeah, we've got
- 32:58Speaker 2: to like that around. I've already thought about that, right, But.
- 33:00Speaker 8: What I don't believe is that people, a lot of
- 33:02Speaker 8: people are out there buying motorized scooters. Well, we simply
- 33:05Speaker 8: don't believe it. There's some mates onto it in.
- 33:08Speaker 2: Our newsroom who was there buying one yesterday, and two
- 33:11Speaker 2: other people were in the shop.
- 33:13Speaker 8: So you've got a bit of anecdotal even it's on
- 33:15Speaker 8: the corner of the news room.
- 33:15Speaker 2: We've got one confirmed, two potential and they were petrol.
- 33:18Speaker 8: You're telling me not electric, yes, because I haven't seen
- 33:21Speaker 8: a petrol scooter for ages. Really, Oh no, I mean
- 33:24Speaker 8: they're all electrical these days, battery operated. I mean you're
- 33:27Speaker 8: talking like a little motor mooleer engine.
- 33:30Speaker 2: Two stroke or four stroke? Yeah, you got hand four.
- 33:32Speaker 8: Straight You don't want to go down the two stroke thing.
- 33:34Speaker 2: It's the loud one, isn't it?
- 33:35Speaker 8: Give it done two straight? You got to buy special
- 33:37Speaker 8: fluid for the two strokes, so you get your picture,
- 33:39Speaker 8: then you set the special fluid and to make it too.
- 33:41Speaker 2: Just is the two stroke a really loud one. It
- 33:43Speaker 2: doesn't make any difference.
- 33:44Speaker 8: It's just it's more complicated.
- 33:46Speaker 2: It's had a scooter before, but it was an e
- 33:48Speaker 2: scooter and what happened to us the beck wheel fell
- 33:52Speaker 2: out in David Seymour this morning. By the way, on
- 33:57Speaker 2: the FTA with India Brilliant.
- 34:01Speaker 15: I Know.
- 34:02Speaker 1: For more from Early Edition with Ryan Bridge. Listen live
- 34:05Speaker 1: to News Talks it Be from five am weekdays, or
- 34:08Speaker 1: follow the podcast on iHeartRadio