Latest / Early Edition with Ryan Bridge / Full Show Podcast: 27 August 2025
Transcript
- 0:01Speaker 1: The issues, the interviews and the insight. Ryan Bridge on
- 0:05Speaker 1: Earlieritia with one roof love where you live news talks,
- 0:09Speaker 1: there'd be good morning.
- 0:10Speaker 2: It is six alf to five. Great to have your
- 0:12Speaker 2: company our lead interview this morning, the new business Investi
- 0:15Speaker 2: vis Auckland cheerleader Simon Bridges on the show, Gavin Graham
- 0:19Speaker 2: the UK for US tax changes coming for skilled migrants.
- 0:22Speaker 2: Plus we're about to overtake Australia on growth. But it's
- 0:25Speaker 2: not all good news. We've got that one from Westpac shortly.
- 0:31Speaker 3: The agenda.
- 0:32Speaker 2: It is Wednesday, the twenty seventh of August. Hostage families
- 0:35Speaker 2: are protesting in Israel after it bombed a hospital in Gaza.
- 0:38Speaker 4: Were the people demand you prioritize the hostages.
- 0:42Speaker 2: Go back to the negotiation teable.
- 0:44Speaker 5: There's a good deal on the teable to bring all
- 0:47Speaker 5: the hostages.
- 0:47Speaker 2: About Ntnyah, who's called this a tragic mishap, which obviously
- 0:51Speaker 2: no one is happy about. The stage between Trump and
- 0:55Speaker 2: Lisa Cook, this is the Federal Reserve governor is heading
- 0:58Speaker 2: up cooking up. Trump says, Hell, immediately fire her. This
- 1:01Speaker 2: is over the mortgage fraud claims. She's now sewing lawyer up.
- 1:04Speaker 2: She says, and you've got no authority to remove me.
- 1:07Speaker 4: Hook, for her part, is taking a defiant stance.
- 1:11Speaker 6: In a statement released by her lawyer, Cook.
- 1:14Speaker 7: Said that President Trump purported to fire me for cause
- 1:18Speaker 7: when no cause exists under the law and he has
- 1:21Speaker 7: no authority to do so.
- 1:23Speaker 2: I will not resign.
- 1:25Speaker 8: She says.
- 1:26Speaker 2: Yesterday I told you about Harry and Meghan's Diana Docker idea,
- 1:30Speaker 2: just an idea at this stage. Well, if you can't wait,
- 1:32Speaker 2: Season two of Meghan's reality show just dropped on Netflix.
- 1:37Speaker 2: She says she makes hot breakfast for the family every morning.
- 1:41Speaker 2: I mean, how out of touch can you be in
- 1:44Speaker 2: Montecito as She also said that it was Harry that
- 1:48Speaker 2: said I love you first?
- 1:49Speaker 3: Did you tell him first?
- 1:51Speaker 2: Does he tell you?
- 1:52Speaker 6: He told me?
- 1:53Speaker 2: Oh that's nice, that's funny. You started to blush.
- 1:58Speaker 3: I will stop the final She still got it? You
- 2:02Speaker 3: still got it?
- 2:04Speaker 2: Divorce sing.
- 2:07Speaker 1: The first word on the News of the Day early
- 2:10Speaker 1: edition with Ryan Bridge and one Root Love Where you
- 2:14Speaker 1: Live News Talks, that'd be.
- 2:15Speaker 2: It is eight after five. Great to have your company
- 2:17Speaker 2: nine two nine two the number of the text. Social
- 2:20Speaker 2: media is one of those things in life that's good
- 2:22Speaker 2: until it's not like fast food yum yum, yum, yum yum,
- 2:25Speaker 2: and then you're fat. You know, it's one of those.
- 2:27Speaker 2: I was chatting to a documentary making yesterday and she
- 2:30Speaker 2: did an experiment. This is what she's filmed for her documentary.
- 2:33Speaker 2: Sets herself up with an account on Instagram and she's
- 2:37Speaker 2: posing as a thirteen year old girl, not doing anything
- 2:41Speaker 2: on there, just logging in, didn't search for anything, logs
- 2:44Speaker 2: in scrolls just to see what the algorithm serves her up.
- 2:48Speaker 2: And what did she get? Anorexia, content, depression, anxiety content, girls, crying,
- 2:55Speaker 2: girls looking thinners, rakes and then regretting lunch. All of
- 3:00Speaker 2: this took four days. She didn't search anything four days.
- 3:04Speaker 2: The worst part it was under Instagram's new teen safety
- 3:08Speaker 2: account settings. I mean, give me a break. Obviously been
- 3:12Speaker 2: a roaring success, that hasn't it. And then there's Mesa.
- 3:15Speaker 2: The Herald had a piece yesterday which is interesting about
- 3:18Speaker 2: businesses here in New Zealand have been locked out of
- 3:20Speaker 2: their own business accounts. The bots over in America apparently
- 3:25Speaker 2: decided that they were posting explicit content, which they weren't,
- 3:28Speaker 2: but their accounts were shut down. And imagine building up
- 3:32Speaker 2: that following. You know that one of them was a
- 3:34Speaker 2: wedding photographer, building up that following over years, that business,
- 3:38Speaker 2: and then all of a sudden click of a button,
- 3:40Speaker 2: it's gone. Try contacting Silicon Valley for help, Well, you'd
- 3:45Speaker 2: have more luck getting a reply out of Santa frankly.
- 3:48Speaker 2: And then there's the media ad revenue situation. There's a
- 3:51Speaker 2: whole bunch wrong with social media. So what do you
- 3:53Speaker 2: do about it? Temptation is to crack down, legislate, tax
- 3:58Speaker 2: big tech. That's you, that's the levers you can pull.
- 4:02Speaker 2: But take on big tech at your peril because guess
- 4:06Speaker 2: who has their back? Donald J. Trump? And overnight he's
- 4:11Speaker 2: again shown why governments like ours are pretty much powerless
- 4:14Speaker 2: to do anything meaningful about social media. Tax my tech
- 4:18Speaker 2: firms and old tariffire. That's pretty much what he said.
- 4:22Speaker 2: Our government's hands are basically tired on this, but ours
- 4:24Speaker 2: are not. We can control how much we use these apps,
- 4:28Speaker 2: and in doing so, teach our kids a lesson about
- 4:30Speaker 2: how much they should be using them too.
- 4:34Speaker 3: Bryan Bridge, you're on.
- 4:35Speaker 2: News Talks AV coming up next to look at the
- 4:37Speaker 2: Aussies versus the Kiwi's. This is on GDP it's it
- 4:41Speaker 2: looks like a good news story, and it is a
- 4:42Speaker 2: good news story. We are going to overtake the Aussies
- 4:45Speaker 2: on growth in the coming years. But what's up with
- 4:47Speaker 2: the unemployment number and the labor market?
- 4:50Speaker 3: WISPAC next Get ahead of the Headlines on early edition
- 4:55Speaker 3: with Ryan Bridge and One roof Love Where You Live.
- 4:59Speaker 2: News Talks AB. He's on five point thirteen on News
- 5:01Speaker 2: Talks there B. We've got the SEAK Employment report out.
- 5:03Speaker 2: This is for July. Volumes no change. This is month
- 5:07Speaker 2: on month, quarter on quarter, no change. Year on year.
- 5:11Speaker 2: We're down two percent and applications per AD month on month,
- 5:16Speaker 2: no change. What does all this mean? Well, for ten
- 5:18Speaker 2: months we've had no change in the volume of ads
- 5:21Speaker 2: on SIKH and the same number basically now as we
- 5:25Speaker 2: had in October of twenty twenty four. AD volumes are
- 5:28Speaker 2: up month on month in Canterbury, Hawks Bay, Southland, Tasman
- 5:32Speaker 2: West Coast year on year. Canterbury up seven percent, that's
- 5:36Speaker 2: not surprising, Otago up five percent, that's not surprising. But
- 5:39Speaker 2: Wellington up six percent year on year, which is interesting
- 5:43Speaker 2: given the state of play there. It communication. Those have
- 5:47Speaker 2: been rising steadily since November. AD volumes in construction and
- 5:51Speaker 2: professional services. Again, this wouldn't really marry up with what
- 5:55Speaker 2: you hear, but grew by a I suppose it's only
- 5:58Speaker 2: a little bit a wafer one percent over the last year.
- 6:03Speaker 2: So over the last month it is fourteen minutes after five.
- 6:06Speaker 2: We're about to overtake the Aussies on GDP. That's the forecast.
- 6:10Speaker 2: GDP growth here should hit two point four percent by
- 6:12Speaker 2: the end of this year, the Aussies two percent twenty
- 6:15Speaker 2: twenty six US three point one percent, the Aussies two percent.
- 6:21Speaker 2: But the Reserve Bank roller coaster we've been on with
- 6:24Speaker 2: the induced recession means that we're left with more spare
- 6:27Speaker 2: capacity in our economy. Statiste ranchod is Westpac with Westpac
- 6:31Speaker 2: and has been comparing us with the Aussies and joins
- 6:33Speaker 2: me this morning. Satiste, good morning.
- 6:35Speaker 6: Good morning Ryan.
- 6:36Speaker 2: So we're going to be growing faster but still have
- 6:38Speaker 2: higher unemployment for a while longer.
- 6:40Speaker 6: Why is that exactly? We've had a deeper recession, as
- 6:44Speaker 6: you say, because we had tighter policy in the past
- 6:47Speaker 6: few years. It meant that we came to the last
- 6:50Speaker 6: downturn in a softer position in the Australians and now
- 6:54Speaker 6: while we're going to be growing, we've still got that
- 6:56Speaker 6: lingering softness in the labor market means that it's still
- 6:59Speaker 6: going to be tough for a lot of us in
- 7:01Speaker 6: the next few years.
- 7:02Speaker 2: So it doesn't matter how how much how good we
- 7:05Speaker 2: get in the coming years. We're still kind of bogged
- 7:08Speaker 2: down by our past.
- 7:11Speaker 6: We are getting better, but we do have to deal
- 7:14Speaker 6: with the fact that we're coming from a soft position,
- 7:16Speaker 6: and it's been pretty tough on a lot of fronts.
- 7:19Speaker 6: We did have quite strong inflation the last few years,
- 7:21Speaker 6: stronger than the Australians, even with higher interest rates. So
- 7:25Speaker 6: the downtown that we had was necessary to get some
- 7:27Speaker 6: of those cost of living pressures back were more manageable positions.
- 7:31Speaker 2: Our reserve bank, obviously, with the OCO went up like
- 7:34Speaker 2: a rocket and then down like a ton of bricks.
- 7:37Speaker 2: Which reserve bank, if you had to pick one, performed
- 7:40Speaker 2: better over that period.
- 7:42Speaker 6: I think these pluses and minuses from both strategies. Even
- 7:46Speaker 6: with those larger interest rate increases here we still had
- 7:49Speaker 6: some pretty tough inflation, and if we took a more
- 7:50Speaker 6: gradual approach, we could be still dealing with much stronger
- 7:54Speaker 6: cost of living pressures. The more moderate approach in Australia
- 7:57Speaker 6: meant that they did have a firmer labor market. Their
- 8:00Speaker 6: registrates are still tight now and even though they're coming down,
- 8:03Speaker 6: New Zealand's got a better growth position. It's a tough
- 8:06Speaker 6: trade off to make.
- 8:08Speaker 2: What's driving their growth, what's driving ours.
- 8:12Speaker 6: In New Zealand. What we are seeing are those improvements
- 8:14Speaker 6: in commodity export incomes. You're just seeing how we're seeing
- 8:17Speaker 6: better employment prospects and areas like christ Church in parts
- 8:20Speaker 6: of the South Island, and those lower interest rates here
- 8:23Speaker 6: they are going to be boosting growth, but it's taking
- 8:26Speaker 6: a while to come through across the ditch. They're still
- 8:28Speaker 6: seeing some firmness in the demand story, but some of
- 8:31Speaker 6: the big drivers from the past that are easing off,
- 8:34Speaker 6: especially their fiscal policy which drive a lot of activity recently.
- 8:38Speaker 2: So tasse appreciate your time this morning. Great analysis is
- 8:40Speaker 2: always to test Rancher Westpac New Zealand senior economists time
- 8:43Speaker 2: now seventeen minutes after five nine to ninety two is
- 8:47Speaker 2: the number to text. You're on news Talk set B.
- 8:50Speaker 2: We've told you about this a while ago. The government's
- 8:53Speaker 2: trying to keep top talent here in New Zealand trying
- 8:56Speaker 2: to get investors to stay in the country. They're making
- 8:58Speaker 2: a few tax change you'd probably call them tax tweaks. Well,
- 9:03Speaker 2: the Minister Simon Watson has introduced the bill to the House.
- 9:06Speaker 2: Will explain that next on.
- 9:08Speaker 1: Your radio and online on Iheard Radio Early edition with
- 9:13Speaker 1: Ryan Bridge and one Root Love where you Live News
- 9:17Speaker 1: talks'd been five nineteen.
- 9:19Speaker 2: I'll tell you why it's all about Auckland. Even though
- 9:21Speaker 2: everyone hates Aucklanders, well not everyone, but a lot of
- 9:24Speaker 2: people hate Auckland as particularly the further south you go.
- 9:26Speaker 2: Have you ever thought about the fact that given the
- 9:28Speaker 2: current state of play, and you look at the growth
- 9:30Speaker 2: of GDP, you look at house prices, you look at
- 9:34Speaker 2: employment and otago, you basically economically need to flip the
- 9:38Speaker 2: country the other way around. We always talk about Auckland
- 9:40Speaker 2: being the top of the country and the South being
- 9:43Speaker 2: the bottom. Well economically, actually it's the other way around
- 9:46Speaker 2: at the moment, isn't it. We'll talk to Simon Bridges
- 9:48Speaker 2: about the government's latest move to try and fix that
- 9:51Speaker 2: and fix Auckland. That's coming up just before six o'clock,
- 9:54Speaker 2: and I'll give you my thoughts on it. At about
- 9:58Speaker 2: five minutes time as well. It's twenty half to five, Ryan, Fred.
- 10:01Speaker 2: So the government's pushed to keep top talent and investors
- 10:03Speaker 2: in the country. Tax tweaks being made. We knew about these.
- 10:05Speaker 2: Simon Wattsough has introduced the bill Migrants will no longer
- 10:09Speaker 2: be taxed on estimated overseas income, only on what they
- 10:13Speaker 2: actually earn. Rachel Simpson is an immigration specialist with Business
- 10:16Speaker 2: New Zealand, joining me this morning. Rachel, good morning, Good morning, Ryan.
- 10:20Speaker 4: How are you very well, How are you very well?
- 10:23Speaker 2: Thank you very good? Now why is it that we
- 10:26Speaker 2: were basing it on estimated overseas and come to begin.
- 10:29Speaker 8: With Well, what the text bill does is make sure
- 10:33Speaker 8: that the immigration and tech settings makes sense with each other.
- 10:36Speaker 8: So in the case of the foreign Investment SUND rules,
- 10:38Speaker 8: there are quite a few people being caught out by
- 10:40Speaker 8: double taxation in two different countries. So we think it's
- 10:43Speaker 8: going to be a positive move to make sure that
- 10:45Speaker 8: we can attract particularly top tech talent, to make sure
- 10:48Speaker 8: that the foreign Investment sundrules realize actual income from things
- 10:53Speaker 8: like share sales rather than estimated.
- 10:55Speaker 2: How many people are we talking about.
- 10:57Speaker 8: Here, Well, not quite sure, but part of the push
- 11:01Speaker 8: illness is to be able to attract that talent to
- 11:03Speaker 8: the country. So hopefully this will make New Zealand far
- 11:06Speaker 8: more attractives to some of that talent to be able
- 11:09Speaker 8: to come here and contribute their skills and expertise to
- 11:12Speaker 8: the New Zealand tech community as well.
- 11:14Speaker 2: Everyone talks about the digital nomads. Is that what we're
- 11:17Speaker 2: talking about here, will that they be interested in this?
- 11:20Speaker 8: Yeah. So the bill has two parts to it. So
- 11:22Speaker 8: one part takes care of the foreign Investment sundrules. The
- 11:25Speaker 8: other part makes it clear that if you're coming here
- 11:27Speaker 8: for a short period of time, you're being paid by
- 11:30Speaker 8: an overseas company, you're paying tax in that overseas country,
- 11:35Speaker 8: then we won't double taxi on that either. So if
- 11:37Speaker 8: you think about things like social media influences for example,
- 11:40Speaker 8: that coming here and helping promote New Zealand tourism activities,
- 11:44Speaker 8: then the textill also takes care of making the rules
- 11:47Speaker 8: around that clear.
- 11:48Speaker 2: It means that the government will miss out on tax
- 11:50Speaker 2: take though as a consequence.
- 11:52Speaker 8: Right, well, if you look at the Foreign Investment fundrules,
- 11:56Speaker 8: they're still text on it. They're just text on it
- 11:57Speaker 8: when they actually realize their income, So there is still
- 12:00Speaker 8: taxation coming in, but it's far more practical in a
- 12:06Speaker 8: common sense approach to do it when the income has
- 12:08Speaker 8: actually realized.
- 12:09Speaker 2: Fair but with a digital nomad, if you're coming here
- 12:12Speaker 2: and you know you're, as you say, an influencer, social
- 12:16Speaker 2: media influence, they're coming here and taking photos of yourself
- 12:19Speaker 2: with a bikini on the remarkables, then you're being taxed
- 12:25Speaker 2: in the UK. You will no longer be taxed here
- 12:27Speaker 2: as well.
- 12:29Speaker 8: Well, yeah, and I think for that situation, what you
- 12:33Speaker 8: end up doing is getting into an argument are youment
- 12:35Speaker 8: around what's the nature of work? So this is a
- 12:38Speaker 8: very real case. There has been social media influencers who
- 12:41Speaker 8: have come here and as I said, this aligns the
- 12:44Speaker 8: immigration settings as well. So make sure that people know
- 12:47Speaker 8: they're not in breach of their immigration conditions if they're
- 12:50Speaker 8: here on a visit of visa, but they're doing some
- 12:52Speaker 8: of that promotion work while they're here as well.
- 12:54Speaker 2: Interesting stuff, Rachel, thank you for that. Rachel Simpson, who's
- 12:57Speaker 2: immigration specialist at Business New Zealand on those changes that
- 13:00Speaker 2: have been made by Simon Watts twenty three minutes after
- 13:02Speaker 2: five on News Talk said, Ryan don't hate Auckland as
- 13:07Speaker 2: hate what Auckland is this is from one of our
- 13:10Speaker 2: listeners this morning, a commercial and cultural entity and the
- 13:14Speaker 2: way it has sucked so many people and so much
- 13:17Speaker 2: money out of the rest of the country. See, people
- 13:19Speaker 2: just see Auckland as a burden rather than the You
- 13:23Speaker 2: wouldn't call it the beating heart. What is it? Probably
- 13:25Speaker 2: the lungs. What would you call it? How would you
- 13:28Speaker 2: if it was an organ? What would you call Auckland?
- 13:31Speaker 2: Certainly wouldn't be the brain, would it? Well, it might
- 13:34Speaker 2: be the brain. I mean you'd have to say that
- 13:37Speaker 2: the regions at the moment are actually the legs in
- 13:40Speaker 2: the arms because they're doing all the stuff that's making
- 13:42Speaker 2: the money. You know, what would you call? What organ
- 13:44Speaker 2: would Auckland be? Anyway, we'll talk about Auckland next because
- 13:47Speaker 2: it's quite important not just to our economy but also
- 13:50Speaker 2: to the potentially the next government whoever wants to be
- 13:54Speaker 2: the government. You need to have Auckland on side. Labour
- 13:57Speaker 2: learned that the hard way. More on that in a second,
- 13:59Speaker 2: and as I said, Simon Bridges before six and we'll
- 14:01Speaker 2: get to the UK with Gavin Gray after News at
- 14:03Speaker 2: five point thirty News Talks VB.
- 14:05Speaker 1: The early edition Full the show podcast on iHeartRadio, Power
- 14:09Speaker 1: by News Talks.
- 14:10Speaker 2: V News Talks VB. It is twenty six after five.
- 14:14Speaker 2: I really have this coming. But everyone's saying Auckland would
- 14:18Speaker 2: be Someone says the colon. Someone says Auckland would be
- 14:20Speaker 2: the asshole if it were to be a body part. Anyway,
- 14:24Speaker 2: there is a very good reason that National is talking
- 14:26Speaker 2: about revamping the Major Events Fund. It's the same reason
- 14:29Speaker 2: you're seeing them announced just half an hour ago they're
- 14:31Speaker 2: creating a new business investor VISA. Foreigners will get a
- 14:35Speaker 2: fast track to residency for chucking two million bucks into
- 14:38Speaker 2: a Kiwi business. It's the same reason they'll announce in
- 14:41Speaker 2: a few weeks. I reckon most reckon that some wealthy
- 14:44Speaker 2: investors will be able to buy expensive houses here. From November.
- 14:48Speaker 2: They're trialing visa free holidays for the Chinese coming here
- 14:51Speaker 2: via Australia, and you can expect to see more where
- 14:54Speaker 2: that came from. The reason is, of course, to boost growth,
- 14:56Speaker 2: but specifically they hope in our largest city, it's all
- 15:00Speaker 2: about Auckland, the colon. It's the giant missing piece of
- 15:04Speaker 2: the puzzle their runway for sorting out the economy by
- 15:07Speaker 2: election time. Hinges on them throwing the kitchen sink at
- 15:10Speaker 2: the Jaffers. It's forty percent of our GDP. But a
- 15:14Speaker 2: sort of economic malaise has set and not everyone, not
- 15:16Speaker 2: in every industry. But the two speed recovery is real.
- 15:20Speaker 2: The vibes off a bit and the numbers back it up.
- 15:23Speaker 2: I asked the Prime Minister about this on Monday. He says,
- 15:26Speaker 2: they're basically looking at everything and anything for Auckland, and
- 15:29Speaker 2: I reckon they'll campaign on a bed tax, and I
- 15:32Speaker 2: reckon they'll announce that they intend to do this either
- 15:34Speaker 2: late this year or early next to win the next election.
- 15:38Speaker 2: You don't need to win all of Auckland, but if
- 15:40Speaker 2: you lose Auckland, you're stuffed. Ask Chippy. Labor scored twenty
- 15:45Speaker 2: nine percent of the party vote in Auckland at the
- 15:47Speaker 2: twenty twenty three election. This is increasingly a city of
- 15:50Speaker 2: migrants and these policies are aimed at them, their families
- 15:54Speaker 2: and their businesses. Forty two percent of auckland Is were
- 15:57Speaker 2: born overseas along with otar Go. It's where most of
- 16:01Speaker 2: the expensive houses are that those wealthy investors will be
- 16:04Speaker 2: able to buy to boost this economy in a short
- 16:07Speaker 2: to medium term window. The government's clearly targeting migration. Foreign investment,
- 16:11Speaker 2: which often comes through existing connections to a city. Foreign
- 16:15Speaker 2: students is another one. They're moving on Chinese tourists and
- 16:19Speaker 2: big events. The question is how quickly can they give
- 16:23Speaker 2: this city the tickle up that it needs and have
- 16:26Speaker 2: they left enough of a runway to turn things around?
- 16:29Speaker 3: Bryan Bridge, twenty eight after.
- 16:31Speaker 2: Five news talks there Beat, let's go to Wellington for
- 16:33Speaker 2: a second show. We and I'm just slightly distracted by
- 16:37Speaker 2: your texts on how you're describing Auckland. I'll get to
- 16:41Speaker 2: some of those in a second because I need to
- 16:43Speaker 2: filter them. Twenty eight minutes after five. So Wellington, if
- 16:47Speaker 2: you know Wellington Newtown is a beautiful place near the
- 16:50Speaker 2: Basin Reserve. They've got a homeless problem at the moment.
- 16:54Speaker 2: And normally there's always been a few colorful characters in Newtown,
- 16:58Speaker 2: you'd say, but it's gotten way worse. This fighting in
- 17:00Speaker 2: the middle of the street. There's human excrement behind a
- 17:03Speaker 2: bus shelter. Story the other day about hundreds of drug
- 17:05Speaker 2: bags on the ground. There's a problem, So don't worry.
- 17:08Speaker 2: Tory Faro's onto it. She's asked for urgent advice from officials,
- 17:13Speaker 2: and the advice was, I'm just reading here from the report,
- 17:18Speaker 2: don't send a uniformed patrol because that would likely generate
- 17:22Speaker 2: community concerns about over enforcement. But goodness sakes, good luck Wellington,
- 17:28Speaker 2: Good luck. Twenty nine after five. We're in the UK afternoons.
- 17:35Speaker 1: If this man Views and Views you trust to start
- 17:41Speaker 1: your day. It's early edition with Bryan Bridge and one
- 17:45Speaker 1: roofe Love where you live, News Talk SIB.
- 17:56Speaker 2: Pretty far away pre sex. You're on newstalk, said b
- 17:58Speaker 2: and we had some brain we can use this morning.
- 18:01Speaker 2: Taylor Swift is engaged. Yes, Hollywood's most shopped around superstar
- 18:06Speaker 2: has finally decided to settle down. Taylor Swift is going
- 18:09Speaker 2: to get married to Travis Kelcey and in less than
- 18:13Speaker 2: twenty minutes they've had one point eight million likes on
- 18:16Speaker 2: their Instagram posts. So the world is celebrating Taylor Swift
- 18:19Speaker 2: this morning. No one's very happy about Auckland though, and
- 18:22Speaker 2: the state of play with the economy. Simon Bridges joins
- 18:24Speaker 2: us for reaction to the government's latest business visa. That's
- 18:28Speaker 2: before six. Gavin Graham the UK. Ryan, if I was
- 18:31Speaker 2: to describe Auckland as an organ says this Texter. It
- 18:34Speaker 2: would be a clogged artery, the largest municipal population on
- 18:38Speaker 2: the smallest land mass. Hi, Ryan Auckland would be the appendix.
- 18:44Speaker 2: Get rid of it when it becomes a pain. Auckland
- 18:47Speaker 2: is forty percent of the GDP, says this text to
- 18:49Speaker 2: Canterbury is fourteen percent. Who needs who someone standing up
- 18:53Speaker 2: for Auckland here. If Auckland is the ahole, Canterbury is
- 18:56Speaker 2: the excrement Ryanington, this meson says Ryan Wellington is definitely
- 19:04Speaker 2: the big hairy feminist Vagina and bread Brich twenty three
- 19:10Speaker 2: to six. Colum practice with us from Dunedin in this
- 19:12Speaker 2: morning how colum, good morning morning right, good to have
- 19:16Speaker 2: you now? No thanks to this student cycle way. No,
- 19:20Speaker 2: it's not going ahead.
- 19:21Speaker 9: This proposed to cycle way through the student quarter by
- 19:24Speaker 9: our university. The plan was ryan to create this accessible
- 19:28Speaker 9: walking and cycling link on Albany Street, which runs alongside
- 19:32Speaker 9: the university, would connect through to the CPD a CBGD
- 19:36Speaker 9: and benefits student and pedestrian safety. It would have come
- 19:40Speaker 9: to cost though forty eight car parks and one and
- 19:42Speaker 9: a half million dollars. The councilors were split right down
- 19:45Speaker 9: the middle on this. One of them is Lee vandas
- 19:47Speaker 9: he says, the loss of parking and its costs are
- 19:50Speaker 9: major concerns he heard from the community and other Councilor
- 19:52Speaker 9: Mandy Mayhem says it was important to make decisions benefiting
- 19:55Speaker 9: safety and future generations. In the end, though, the Mayor
- 19:58Speaker 9: Juels Raddick finalized decision that the decision he used is
- 20:01Speaker 9: casting vote against the cycleway due to costs.
- 20:05Speaker 2: How's your weather come? A fine? Becoming cloudy today? In sixteen?
- 20:10Speaker 2: Nice one? Thank you. Claire's in christ Church. Hey Claire,
- 20:12Speaker 2: good morning.
- 20:13Speaker 3: Now.
- 20:14Speaker 2: Some worrying details emerging following the rest of a man
- 20:17Speaker 2: for approaching school students.
- 20:19Speaker 10: Yeah, this one's yucky. Ryan Look, one of New Zealand's
- 20:22Speaker 10: worst sex offenders has been arrested, accused of approaching some
- 20:25Speaker 10: christ Church schoolgirls and offering them some cash in exchange
- 20:29Speaker 10: for inappropriate favors. The fifty three year old was arrested
- 20:32Speaker 10: after reports it came from the areas of Merrivale and
- 20:36Speaker 10: Saint Albans. This became public when police sent letters to
- 20:40Speaker 10: eleven local schools warning them of the man's behavior, seeking
- 20:44Speaker 10: information and asking that they speak with students are in
- 20:47Speaker 10: Zed's now naming him as Leo Darren Goodwin. He has
- 20:50Speaker 10: extensive history. This is a man who has multiple convictions
- 20:54Speaker 10: for violence and rape dating back to the nineteen nineties
- 20:57Speaker 10: here and also in Australia. He's been charged for now
- 21:00Speaker 10: with breaching release conditions. Our newsroom understands corrections applied to
- 21:05Speaker 10: the New Zealand Parole Board to have him recalled to prison.
- 21:09Speaker 2: How's your weather They're clear.
- 21:11Speaker 10: So fog lifting a bit later this morning, cloud by
- 21:14Speaker 10: evening Northerlys and the high will be fifteen.
- 21:16Speaker 2: All right, and Max is with us from Wellington. Good morning, Max,
- 21:20Speaker 2: good morning. You've got some economic figures for the capital.
- 21:23Speaker 8: Yeah.
- 21:23Speaker 5: This Informatric's latest quarterly monitor shows that one hundred and
- 21:28Speaker 5: seventy seven businesses in the city have closed down in
- 21:31Speaker 5: that quarterly period.
- 21:33Speaker 2: People are spending less.
- 21:34Speaker 5: The house price recovery here is lagging behind other centers.
- 21:39Speaker 5: There are more people in the jobless queue. The obvious
- 21:41Speaker 5: reason is public sector cuts. Nikola Willis Even has told
- 21:44Speaker 5: our newsroom she fully acknowledges that having that restraint in
- 21:49Speaker 5: her term in the public sector has impacted Wellington close
- 21:52Speaker 5: to with the ten thousand jobs in fact in the
- 21:54Speaker 5: sector gone since late twenty twenty three, but people on
- 21:58Speaker 5: job Seeker in Wellington up sixteen on last year as well.
- 22:01Speaker 5: Willis also pointing interestingly towards weak local leadership as well,
- 22:06Speaker 5: which is probably a fair comment. We haven't been very
- 22:09Speaker 5: pro business since twenty twenty two, but it is still
- 22:12Speaker 5: hard to look beyond those public sector jobs going. But
- 22:16Speaker 5: like any cliched business story, there are you know, green
- 22:18Speaker 5: shoots and uptick signs of recovery. A zero point two
- 22:22Speaker 5: percent quarterly increase in local GDP as well, so maybe
- 22:26Speaker 5: things turning a corner.
- 22:27Speaker 2: Still. Have you been through Newtown lately? Max, because apparently
- 22:30Speaker 2: it's quite bad. I've always loved Newtown, but have you
- 22:33Speaker 2: been through the what's it like? At times?
- 22:35Speaker 5: There are parts of Newtown that resemble a slum, But
- 22:38Speaker 5: Newtown's funny Newtown. I think in the in the Wellington
- 22:42Speaker 5: region is the suburb that it is its most unique.
- 22:48Speaker 2: Area.
- 22:48Speaker 5: It's sort of a you know, what I'm trying.
- 22:51Speaker 2: To say is it's got colorful, has its own ecosystem totally. Yeah,
- 22:55Speaker 2: it's its own little personality. But it sounds like things
- 22:57Speaker 2: might have gone a bit too far. One way. Hey,
- 22:59Speaker 2: how's your weather today?
- 23:01Speaker 5: Should be fine with Northerly's fourteen. The high Central is one.
- 23:03Speaker 2: Next, thank you and neivas An Auckland good morning, now,
- 23:06Speaker 2: good morning. Now there's what a concern in Auckland. Some
- 23:09Speaker 2: still not getting the message around port safety.
- 23:12Speaker 11: Yes, now this is nine months after national standards are introduced.
- 23:15Speaker 11: Now the standards create a set of rules for unloading
- 23:18Speaker 11: and loading cargo ports and on ships. Cal fin Lane,
- 23:21Speaker 11: now he's the Maritime Union national secretary. He's come out.
- 23:24Speaker 11: He says, look, some companies are implementing they're much better
- 23:27Speaker 11: than others. He says, look, I'm not going to name names,
- 23:29Speaker 11: but he's talked with companies about fatigue issues. He's also
- 23:33Speaker 11: saying that some employee is seeming keen to allow workers
- 23:35Speaker 11: to do twelve hour ships with only two half hour breaks.
- 23:38Speaker 11: But he says this is a work in progress. So yep,
- 23:41Speaker 11: they're just continuing.
- 23:42Speaker 2: With that, all right. And I know the big news
- 23:45Speaker 2: that you really want to get to this morning is
- 23:47Speaker 2: Tite getting engaged.
- 23:49Speaker 11: Exactly just happened this after five am. Our news room.
- 23:53Speaker 11: We are just like we're very very happy.
- 23:56Speaker 2: Do you know it's one she's one of those stars
- 23:59Speaker 2: that sort of had a bad rap for a while
- 24:00Speaker 2: because she was dating lots of people and then writing
- 24:03Speaker 2: songs about them, people thought she was a bit disingenuous.
- 24:05Speaker 2: I think she just looks very happy. She could be more.
- 24:08Speaker 4: He does too.
- 24:09Speaker 11: They've been dating for two years. The engagement widely welcomed
- 24:13Speaker 11: on social media, apparently more than one point eight million
- 24:16Speaker 11: likes on Instagram posted in less than twenty minutes. And
- 24:19Speaker 11: the tenuous link here for Tata and New Stalks he
- 24:24Speaker 11: Being Newsroom is that you don't know this because we
- 24:27Speaker 11: have Newstalks z'd be. We have a video to a
- 24:30Speaker 11: Tata song, shake it Off, and we did it back
- 24:33Speaker 11: in twenty sixteen. It is amazing. It's a group of
- 24:36Speaker 11: all everyone in New Stalks z'd be. It's like a
- 24:38Speaker 11: two minute where we're all dancing. It's actually really good.
- 24:42Speaker 2: Oh well, you have to show it to me during
- 24:43Speaker 2: the aids, and maybe you have to repost it in
- 24:45Speaker 2: celebration of.
- 24:46Speaker 11: I think so, because I think Kelsey saw that and
- 24:49Speaker 11: saw the videos, or I must I must find Tata
- 24:52Speaker 11: after that video.
- 24:53Speaker 2: How's that with her? How's that weather in Auckland?
- 24:55Speaker 11: Okay, well, we got scared of rain? Clearing though by
- 24:57Speaker 11: the afternoon fifteen is a high here in Auckland.
- 24:59Speaker 2: Brilliant, Thanks Neva. It is seventeen minutes away from Sex
- 25:02Speaker 2: News talks there being now Nigel Farage over in the UK.
- 25:05Speaker 2: He's prepared, He's put his money where his mouth is.
- 25:09Speaker 2: He's prepared to deport wait for it, six hundred thousand
- 25:13Speaker 2: migrants if he is elected to power the next election.
- 25:17Speaker 2: Gavin Gray has the latest on that.
- 25:18Speaker 1: Next International Correspondence with Ends and Eye Insurance Peace of
- 25:23Speaker 1: Mind for New Zealand Business.
- 25:25Speaker 2: Simon Bridges on the government's new business visa. Shortly first,
- 25:28Speaker 2: the Reform UK. This is Nigel Farage's party. They have
- 25:32Speaker 2: said overnight that they are prepared to deport six hundred
- 25:35Speaker 2: thousand migrants over five years if they win powert the
- 25:38Speaker 2: next election, and they're polling well. Our UK correspondent Gavin
- 25:41Speaker 2: Gray's with us. Gavin, who exactly are they talking about?
- 25:45Speaker 2: Which migrants are they talking about?
- 25:48Speaker 12: Well, anyone arriving illegally they are saying would effectively be told, right,
- 25:55Speaker 12: you're going to be immediately kept in a center for
- 25:59Speaker 12: migrants and then deport it. So they're saying that anyone
- 26:03Speaker 12: who comes to the UK on small boats from claiming
- 26:05Speaker 12: asylum will be banned. And they're also saying that the
- 26:09Speaker 12: government under them, if they won power, would make some
- 26:12Speaker 12: four billion Aussie dollars available and four and a half
- 26:16Speaker 12: billion New Zealand dollars available to offer payments or aid
- 26:20Speaker 12: to countries like Afghanistan in order to encourage them to
- 26:23Speaker 12: take back migrants that they're currently refusing to take back.
- 26:28Speaker 12: And if those countries don't accept those migrants and don't
- 26:31Speaker 12: accept the money, Nigel Faras is saying we would impose
- 26:34Speaker 12: sanctions on uncooperative countries now before Reform has suggested this
- 26:40Speaker 12: new idea to deport six hundred thousand migrants. He had
- 26:45Speaker 12: previously said that mass deportations were a political impossibility. But
- 26:49Speaker 12: how times are changed. Everyone digesting what's been said, and
- 26:53Speaker 12: as you would expect, the government of the day and
- 26:55Speaker 12: the previous government of the day are both saying it's unworkable.
- 26:59Speaker 2: Yeah, because you kin'd of given us a correct before.
- 27:01Speaker 12: Right, Yeah, I mean Niger Faraj seems more determined, shall
- 27:07Speaker 12: I say? He is suggesting without any sort of hesitation
- 27:12Speaker 12: that he believes that UK should leave the European Convention
- 27:17Speaker 12: on Human Rights. The ECCHR and that Ryan is where
- 27:20Speaker 12: many people go to to say, look, my human rights
- 27:23Speaker 12: are being abused. You can't turn me down from my
- 27:26Speaker 12: asylum ship. I need to be here because of XYZ.
- 27:29Speaker 3: Instead.
- 27:29Speaker 12: Reform says, having banned that it'll create the British Bill
- 27:33Speaker 12: of Rights, that it will apply to UK citizens and
- 27:35Speaker 12: those who have a legal right to live in the UK.
- 27:37Speaker 12: I have to say it's such a contentious subject. This
- 27:40Speaker 12: is going to get headlines for days on end.
- 27:42Speaker 2: Thanks so much for your tom this morning. That's Kevin
- 27:44Speaker 2: Gray Are UK Europe Correspondent twelve to.
- 27:46Speaker 3: Six Ryan Bridge.
- 27:48Speaker 2: Another visa moved from Erica Stanford, this time targeting investors.
- 27:51Speaker 2: The new business Investor visa fast treks your residency for
- 27:55Speaker 2: anyone checking two million dollars or more into a KeyWe company.
- 27:58Speaker 2: All applicants have to pass health check, character English language
- 28:02Speaker 2: tests before they're approved. Simon Bridges is Auckland's cheerleader Aukland
- 28:06Speaker 2: Business team for CEO with us this morning. Hey Simon,
- 28:09Speaker 2: Hey get a Rian. What do you make of this one?
- 28:11Speaker 6: Yeah?
- 28:12Speaker 4: I think first blush blush, it's excellent additional policy. I
- 28:15Speaker 4: think you know, if you think about it. We've seen
- 28:17Speaker 4: for quite some time in sem Land. Older business owners
- 28:22Speaker 4: they want to get out, they've built up a successful business,
- 28:26Speaker 4: their son and daughter doesn't want to take it over.
- 28:29Speaker 4: How do they provide for a successor and get a
- 28:31Speaker 4: payday before before they retire? And I think, of course, look,
- 28:35Speaker 4: you know that the issues we've talked about around auprim
- 28:38Speaker 4: this is you know, more cash one and two million
- 28:40Speaker 4: dollar lots coming in. Some of them go on Carol
- 28:43Speaker 4: and Steve going on their overseas holiday, but look, a
- 28:46Speaker 4: bunch of it will be injected back into the local economy.
- 28:49Speaker 4: I think one questions around just the discreete cri curier.
- 28:54Speaker 4: It's hard to tell them the abstract just how permissive
- 28:57Speaker 4: and enabling this is. You know, you've mentioned some of
- 28:59Speaker 4: them five five full time staff, English language requirement, it
- 29:02Speaker 4: can't be convenience stores and so on. All of that
- 29:05Speaker 4: sort of on its own makes sense, But if we
- 29:07Speaker 4: add it all up, just just how permissive is this policy?
- 29:09Speaker 4: But I think overall an excellent edition is.
- 29:12Speaker 2: Two million dollars minimum enough for a fast track to residency?
- 29:17Speaker 4: Oh yeah, I think so. I think I think you
- 29:20Speaker 4: get a lot of businesses that fall into that sort
- 29:23Speaker 4: of category. And you know, I think in the end
- 29:26Speaker 4: it comes back to the point I want you. You've got
- 29:28Speaker 4: to structure this right so that you are getting investors
- 29:32Speaker 4: coming in who want to work on the businesses. Remember
- 29:34Speaker 4: the other thing here that is not particularly permissive. But
- 29:37Speaker 4: you know, I can understand that the logic of is
- 29:39Speaker 4: the person who buys is going to have to work
- 29:41Speaker 4: in this business for a period of time, you know,
- 29:43Speaker 4: And that's well, that's work, that's hard work.
- 29:46Speaker 2: How you have been quite successful in lobbying the government
- 29:49Speaker 2: on haalf of business Chamber to get Auckland stuff done. Well,
- 29:54Speaker 2: I reckon they're going to go with a bid tax
- 29:56Speaker 2: to the election. What do you reckon.
- 30:00Speaker 4: That there's such sort of entrench positions around not having
- 30:02Speaker 4: a tax. The reality is this, they don't need to
- 30:05Speaker 4: do a text. I mean, what they could just do
- 30:07Speaker 4: is from the center, that is, from that the tax
- 30:09Speaker 4: money we pay in provide a dollar of cash back
- 30:13Speaker 4: for the kind of initiatives I think, you know, it's
- 30:15Speaker 4: important to see better events funding and so on. I
- 30:17Speaker 4: mean that the figures that I have in my mind,
- 30:19Speaker 4: I don't quite me the exact you know, ten thousand
- 30:22Speaker 4: or anything. But you go back a decade or so,
- 30:25Speaker 4: there's about thirty million dollars going into major events and
- 30:28Speaker 4: the like from the crown and local government. Now it's
- 30:32Speaker 4: more like seven to ten million. You know, if we
- 30:35Speaker 4: want to do well versus kind of your berbag AUSSI cities,
- 30:38Speaker 4: we do need to invest more.
- 30:39Speaker 2: What about because there are a couple of other things
- 30:41Speaker 2: you have mentioned yesterday, what are the other big things
- 30:45Speaker 2: leaders you think the government needs to pull for Auckland.
- 30:48Speaker 4: I mean, look, I'm not a brains trust, but there's
- 30:51Speaker 4: there's so many things they could do. I mean, I
- 30:53Speaker 4: don't think another one that is in the Ericas Stanford
- 30:56Speaker 4: kind of area. Is just ongoing liberalization of tourism and
- 30:59Speaker 4: international edge ication visas. These are levers you can pull.
- 31:02Speaker 4: There is a boom in Asian tourism going on at
- 31:05Speaker 4: the moment in your Malaysias and your Vietnams and your Thailand.
- 31:08Speaker 4: Why isn't it in New Zealand. Yeah, we're a bit
- 31:10Speaker 4: more expensive, but I'll tell you what, we've made the
- 31:13Speaker 4: visa set settings not easier, but tougher. Are we too
- 31:16Speaker 4: rich to not need that cash?
- 31:18Speaker 8: You know?
- 31:18Speaker 4: I think I think we need it right now in Auckland.
- 31:20Speaker 4: Hotel nights. The occupancy rates in Auckland hotels are as
- 31:24Speaker 4: a generalization, abysmal. So I think that is something they
- 31:28Speaker 4: could pull. That would be quite a switch actually to
- 31:31Speaker 4: seeing more Asian tourists walking around our streets.
- 31:34Speaker 2: Interesting stuff. Some appreciated time this morning, Simon Bridges, Aukland
- 31:37Speaker 2: Business Chamber of CEO. Time is eight to six Newstalk SB.
- 31:42Speaker 1: The news you need this morning and the in depth
- 31:44Speaker 1: analysis early edition with Ryan Bridge and One Room Love
- 31:49Speaker 1: Where You Live, News Talks, EDB.
- 31:51Speaker 2: It is five to six on NEWSTALKSB. This Texas is
- 31:54Speaker 2: Ryan Irack and the government is going to do a
- 31:55Speaker 2: big tax as well. They are in talks with Hospitality
- 31:57Speaker 2: of New Zealand. At the moment, us in the accommodation
- 32:00Speaker 2: and sector are very against the idea. You're on news Talk,
- 32:04Speaker 2: said B. And Mike is with you next. Good morning,
- 32:06Speaker 2: Mike morning.
- 32:06Speaker 7: What makes you so they're going to do that?
- 32:08Speaker 2: Well, it's my instinct, is it? It is?
- 32:10Speaker 7: Well sitting there, it's just I asked the Prime Minister
- 32:12Speaker 7: the other day and he said no in a definitive
- 32:16Speaker 7: kind of way, in a sort of a well will
- 32:18Speaker 7: see it. Didn't say well, we'll see or it's you
- 32:20Speaker 7: know what I mean.
- 32:21Speaker 2: He I asked them the same question on Monday and
- 32:23Speaker 2: he said no this term. So I'm saying, I think
- 32:27Speaker 2: they'll go to the election with a bad tax.
- 32:30Speaker 7: But why would you go to an election with a
- 32:31Speaker 7: bad tax, because he is because it shuts Auckland up.
- 32:35Speaker 2: And that's a problem for this government because Auckland's look
- 32:39Speaker 2: at labor, what happened to them when they lost Auckland.
- 32:41Speaker 2: So you've got to kind of give them something. And
- 32:43Speaker 2: if you give them a bad tax, you can say, well,
- 32:45Speaker 2: don't worry, that's coming. You know, we are moving on that.
- 32:49Speaker 7: We'll see. I could almost lay a dollar with you
- 32:52Speaker 7: on it, all right. I just don't think. I don't
- 32:54Speaker 7: think it's a thing. If you're going to do it,
- 32:55Speaker 7: it's not. What I'm saying is it's not a big
- 32:57Speaker 7: enough deal to go. It's you know, no one cares
- 33:01Speaker 7: apart from the tourism industry and a few walks like
- 33:03Speaker 7: Simon Bridge. I mean, you're not sitting in Auckland going,
- 33:06Speaker 7: oh my god, I was. I was toying with labor,
- 33:08Speaker 7: but now there's a bed Tepe.
- 33:09Speaker 2: I agree, but it's it's you start to add up
- 33:13Speaker 2: the policies and he can stand there in a debate
- 33:15Speaker 2: with Chippy and Chippy'll say, look, you've screwed Auckland and
- 33:17Speaker 2: he'll say, yeah, but I've got this, this, this, and
- 33:20Speaker 2: you got to have a shop on us. It's interesting.
- 33:22Speaker 7: It's a million bucks a lot this visa. It's not it,
- 33:25Speaker 7: it's really I mean they say things like a million
- 33:27Speaker 7: dollars see the Golden Visa at five and ten. That's
- 33:29Speaker 7: serious money. Yes, but a lot of people, without sounding
- 33:32Speaker 7: like a snob, a lot of people have a million bucks.
- 33:35Speaker 7: A million dollars isn't a thing. It's it's really most people,
- 33:38Speaker 7: if they wanted know, most people, if they needed to.
- 33:41Speaker 7: You think about anyone who owns a house in Auckland
- 33:43Speaker 7: or Toweronga or Central Otago.
- 33:45Speaker 2: With a massive mortgage stuff.
- 33:46Speaker 7: No, no, no owns the house.
- 33:48Speaker 2: You've got more than a million dollars.
- 33:49Speaker 7: So I mean there's a lot of people in the
- 33:50Speaker 7: world like that that have gone a million dollars to
- 33:52Speaker 7: park themselves in the country.
- 33:53Speaker 2: Luke text and the show's thing. Every time they announced
- 33:55Speaker 2: a new visa, it seems to get cheaper and cheaper. Precisely, anyway,
- 33:57Speaker 2: we'll talk to Erica about it, brilliant. Mike is with
- 34:00Speaker 2: have a great day, see you tomorrow.
- 34:02Speaker 3: Hello, Sorry for more from Early Edition with Ryan Bridge.
- 34:09Speaker 1: Listen live to News Talks it'd be from five am weekdays,
- 34:12Speaker 1: or follow the podcast on iHeartRadio.