Latest / Early Edition with Ryan Bridge / Full Show Podcast: 30 April 2025

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Full Show Podcast: 30 April 2025 · Early Edition with Ryan Bridge

• 0:01
  Speaker 1: The issues is the interviews and the insight. Ryan Bridge
• 0:06
  Speaker 1: on early edition with one roof make your property search
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  Speaker 1: simple used dogs.
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  Speaker 2: That'd be good morning.
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  Speaker 3: It is six after five Wednesday, the thirtieth of April.
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  Speaker 2: Great to have your company this morning.
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  Speaker 3: We have a story for its news story this morning
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  Speaker 3: on auditing a tumid ecre bit of a worry.
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  Speaker 2: A thousand kids are on a weight list.
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  Speaker 3: Someone reports them to ordering a tumbdykey says they're worried
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  Speaker 3: about them. A thousand kids are on a weight list
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  Speaker 3: and not being seen in the time that they should.
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  Speaker 2: We'll look at that. Just before six o'clock.
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  Speaker 3: This morning, we're in Ottawa for the latest on the
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  Speaker 3: Canadian election. We'll have Gavin Gray in the UK and
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  Speaker 3: lotsmall little bits for you this morning to keep you going.
• 0:44
  Speaker 3: Six after five.
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  Speaker 1: The agenda.
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  Speaker 3: Carnie's revived the Liberal Party in Canada, scoring a fourth
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  Speaker 3: term for them. The Trump bump was real, It turns
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  Speaker 3: out a lot of tough talk. Question this morning whether
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  Speaker 3: he follows through on it right.
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  Speaker 4: Ties to the United States economically are so deep and
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  Speaker 4: multifaceted that it's hard to imagine the situation, certainly in
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  Speaker 4: which we cut them completely or in fact significantly reduce them.
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  Speaker 4: We want to be talking to other partners. We want
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  Speaker 4: to find a more rational way forward with the United States.
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  Speaker 3: We'll head to Ottawa for the latest and just a
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  Speaker 3: couple of minutes. One hundred days, the Trump kicks off
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  Speaker 3: with a scrap with Amazon.
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  Speaker 2: They were reportedly going to.
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  Speaker 3: List Trump's tariffs alongside shipping costs at the bottom of
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  Speaker 3: the page when you got to pay for stuff. Trump
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  Speaker 3: went nuts. Here is Caroline Livitt.
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  Speaker 5: This is a hostile and political act by Amazon.
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  Speaker 6: Why did Amazon do this.
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  Speaker 5: When the Biden administration heighted plation to the highest level
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  Speaker 5: in forty years.
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  Speaker 4: It's not a surprise because, as Reuters recently.
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  Speaker 7: Wrote, Amazon, Amazon has partnered with a Chinese propaganda arm.
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  Speaker 3: So the Paul yeah sorry, sheer price has gone up
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  Speaker 3: and down in the I'll bring you up to speed
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  Speaker 3: on this because there's been a development in the last
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  Speaker 3: few minutes. Mike Johnson's speak out on the Defense this
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  Speaker 3: morning over those bad.
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  Speaker 2: Poll numbers we told you about earlier in the week.
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  Speaker 8: What they're seeing and what the real polling is showing
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  Speaker 8: is that they understand that we're headed somewhere. This is
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  Speaker 8: the out of the gates, all these big achievements that
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  Speaker 8: we just recounted, and I said, we're just getting started.
• 2:17
  Speaker 3: So over in Spain Portugal, they've officially ruled out a
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  Speaker 3: cyber attack. It was the weather actually that caused the
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  Speaker 3: mass power cut. The Spanish Prime Minister promising a full investigation.
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  Speaker 9: We want to understand what has happened. We want to
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  Speaker 9: adopt the measures so as to ensure that this does
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  Speaker 9: not happen again. The technicians of the electricity grid are
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  Speaker 9: continuing with their analysis of the situation. We heard that
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  Speaker 9: there will be preliminary results shared in the next few
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  Speaker 9: hours of days.
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  Speaker 2: The news you.
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  Speaker 1: Need this morning and the in depth analysis early edition
• 2:46
  Speaker 1: with Ryan Bridge and One Room Make your Property Search
• 2:50
  Speaker 1: Simple News Talks.
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  Speaker 3: It'd be good morning to you. Great to have your company.
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  Speaker 3: Nine minutes half to five. Nine ninety two is the
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  Speaker 3: number to text. We'd love to hear from you this morning.
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  Speaker 3: Now I'm going to say one thing about the completely
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  Speaker 3: delusional Wellington mayor and then nothing else ever again maybe never,
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  Speaker 3: I mean, maybe I will do it again, but at
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  Speaker 3: least for today, Okay, because there are far more important
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  Speaker 3: things going on in the world right now.
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  Speaker 2: It actually doesn't matter. But just one final thing, just
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  Speaker 2: a little thing. Did you know she's.
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  Speaker 3: Gone off on an overseas holiday to celebrate the fact that.
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  Speaker 2: She's no longer running for mayor.
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  Speaker 3: Yes, toriy Faro is right now on a plane somewhere.
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  Speaker 3: You cannot make this stuff up. It's like an episode
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  Speaker 3: of Yes Minister, a really bad one.
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  Speaker 2: The politician who said she was just.
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  Speaker 3: Yesterday, remember, determined to sign all the contracts possible for
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  Speaker 3: the Golden Mile. And the short time she's got left
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  Speaker 3: in office, she's going to miss today's council meeting, and
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  Speaker 3: she's going to miss a local government New Zealand meeting
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  Speaker 3: of mayor's chairs and chief executives from the across the
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  Speaker 3: country tomorrow. Now on to more important matters, the budget deficits.
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  Speaker 3: We're going to talk about them a lot this morning.
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  Speaker 3: Why because borrowing costs are high. We know this government's
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  Speaker 3: have been splashing the cash post COVID our jet to
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  Speaker 3: debt to GDP double to forty percent, meant to go
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  Speaker 3: possibly to forty five. So Willis yesterday announced that she's
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  Speaker 3: raining it in. It is game time over in the
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  Speaker 3: States for Trump's big, beautiful budget bill.
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  Speaker 2: Today.
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  Speaker 3: This is to pay for the tax cuts and the
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  Speaker 3: beefing up of the border, he's going to have to
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  Speaker 3: slash and burn your medicaid, your benefits on the chopping block,
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  Speaker 3: all that kind of stuff. So they're kicking off the
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  Speaker 3: markup sessions in the House today to get this thing done,
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  Speaker 3: and even once they do, they will still have one
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  Speaker 3: of the biggest hikes to the federal deficit in recent
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  Speaker 3: history in the US. We'll speak to Labour's finance spokesperson
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  Speaker 3: about Nichola's budget inside the next twenty minutes here, but
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  Speaker 3: here is the upshot of all of this for you
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  Speaker 3: this morning. If you've got a mortgage, the sugar free diet,
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  Speaker 3: that's what Nicolas got us on, basically, sugar free diet
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  Speaker 3: could actually be good news is going to be good
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  Speaker 3: news for you. Why because it shifts the onus forgetting
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  Speaker 3: the economy moving from Nicola Willis's pouch to the reserve banks.
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  Speaker 3: Nichola is not going to swipe the credit card to
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  Speaker 3: get this thing moving. So poor old Christian Hawksby, who's
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  Speaker 3: only going to be there for six months unless he
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  Speaker 3: gets the full time job, he's going to have to
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  Speaker 3: do the lifting for her, and that means lower interest rates,
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  Speaker 3: ASB came out last night and said this. Remember they
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  Speaker 3: were aiming for neutral by Christmas. That's three percent. That's
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  Speaker 3: seventy five points off by December. Some of the economists
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  Speaker 3: already reckon, we'll go lower than that two point seventy five.
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  Speaker 3: One even said two point five. So Trump aside.
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  Speaker 2: The question this.
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  Speaker 3: Morning, and it's a good one if you have a mortgage,
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  Speaker 3: is just how low do we go?
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  Speaker 2: Eleven minutes after five.
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  Speaker 3: Coming up next, we're speaking of Reserve Bank governors and politicians.
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  Speaker 3: Carney has been both. He's now in charge of Canada
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  Speaker 3: Proper and we're in Ottawa for the latest.
• 5:56
  Speaker 1: Get ahead of the headlines on early edition with Ryan
• 6:00
  Speaker 1: and one roof Make Your Property Search Simple News Talk ZAB.
• 6:04
  Speaker 2: Five fourteen on News Talks HEB.
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  Speaker 3: So this report, I'll just bring you up to speed
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  Speaker 3: with the latest on this Amazon thing this morning. So
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  Speaker 3: Amazon was going to list the tariff cost on the
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  Speaker 3: checkout when you go.
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  Speaker 2: To pay for stuff.
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  Speaker 3: You know, when you go and it'll say this is
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  Speaker 3: your GST or your VAT, this is your shipping cost.
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  Speaker 3: They were then going to put basically like Trump's tariffs
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  Speaker 3: and how much it was going.
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  Speaker 2: To cost you.
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  Speaker 3: This was the report in the press this morning. Trump
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  Speaker 3: when Nato gets on the phone to Bezos, Bezos gets
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  Speaker 3: on the blower, he calls his team and there's a
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  Speaker 3: full back down. This is the statement from Tim Doyle.
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  Speaker 3: They wheeled him out. Amazon spokesperson this morning. The team
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  Speaker 3: that runs out ultra low cost Amazon Hall store considered
• 6:45
  Speaker 3: the idea of listening import changes on certain products. This
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  Speaker 3: was never approved and is not going to happen. That's
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  Speaker 3: how your unfart when Trump gets angry. It's just gone
• 6:54
  Speaker 3: quarter past five, Ryan Bridge. So the Trump boo speaking
• 6:57
  Speaker 3: of was real. Canti's won the Canadian election. Insult to
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  Speaker 3: injury this morning for Pierre Pogiev, the guy Cannie beat.
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  Speaker 3: He's projicted to lose his seat in the House of
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  Speaker 3: Commons too. He's held it for twenty years now. Some
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  Speaker 3: liberals are going to take it off him. He's lost
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  Speaker 3: the chance of becoming Prime minister, end his seat. That
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  Speaker 3: is a bad day at the office. Feature Storying News
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  Speaker 3: political analyst Nick harpers with us this morning.
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  Speaker 2: Nick, Good morning, Good morning, Ryan. That's pretty embarrassing for him,
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  Speaker 2: isn't it.
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  Speaker 7: Oh complete disaster? Like you say, he has been and
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  Speaker 7: then being for a very long time. He's been there
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  Speaker 7: and he's been going through a lot of things, and
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  Speaker 7: he thought three months ago that he was going to
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  Speaker 7: be leading Canada into the foreseeable future. But then we
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  Speaker 7: saw this tremendous turnaround in the polls. The Conservatives' double
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  Speaker 7: point lead suddenly completely fell away, and going into the election,
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  Speaker 7: the Liberals were leading it. As we saw on the light,
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  Speaker 7: the Liberals took a fourth term, mark Carney remaining as
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  Speaker 7: the Prime Minister. He was there for a few weeks
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  Speaker 7: ahead of the election after he took over from Justin Trudeau.
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  Speaker 7: He will now be serving a full term as Prime minister.
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  Speaker 7: Before Donald Trump came into office, this seemed unthinkable because
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  Speaker 7: Canada was quite simply fed up with Liberals, fed up
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  Speaker 7: with Justin Trudeau at the head of the party. He
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  Speaker 7: stepped down at a time when he was particularly unpopular,
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  Speaker 7: and the thinking was that this was going to be
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  Speaker 7: a referendum on Justin Trudeau and therefore the other party,
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  Speaker 7: the Conservatives, would have won. That's not what happened, largely
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  Speaker 7: because of the Trump effect and everything that he's been
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  Speaker 7: saying about Canada over the last few.
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  Speaker 3: Monthsick obviously an incredible feat for him. But is this
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  Speaker 3: I just wonder, is this the high tide mark for
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  Speaker 3: mac Canney. You know, sure Trump helped unite Canada, but
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  Speaker 3: all of those problems that had Polly of twenty five
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  Speaker 3: points that here just a few weeks ago haven't gone away.
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  Speaker 3: The cost of living, the crime.
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  Speaker 2: And you've had a decade of liberal rule.
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  Speaker 3: Now he's got a hell of a job, doesn't he.
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  Speaker 7: He has. Yeah, there are plenty of problems that many
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  Speaker 7: Canadians were nunhappy with, housing, the cost of living, problems
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  Speaker 7: with the healthcare system, immigration, all of those problems are
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  Speaker 7: things that Mark Carney needs to tackle while also trying
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  Speaker 7: to unite the country around Donald Trump. We could see
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  Speaker 7: tariffs potentially disappear overnight. We know that Donald Trump likes
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  Speaker 7: to change things really day by day with one tweet
• 9:11
  Speaker 7: or another. Of course, if those all disappear, suddenly, this
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  Speaker 7: reason why he was elected as Prime minister vanishes, and
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  Speaker 7: those big problems that Canadians really want to be dealt
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  Speaker 7: with something that he will then have to tackle. I mean,
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  Speaker 7: it's going to be a tough time for him. He
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  Speaker 7: has a tremendous to do list to try and work
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  Speaker 7: out and that's not without mentioning the fact that he
• 9:30
  Speaker 7: will have to deal with his nearest neighbor, the United States,
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  Speaker 7: and try and work out a trade policy in a
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  Speaker 7: way that the two countries can move forward together.
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  Speaker 3: Yeah, hey, just quickly, there's one hundred and seventy two,
• 9:40
  Speaker 3: the magic number for a majority with no idea yet
• 9:42
  Speaker 3: whither they've got the.
• 9:43
  Speaker 7: Yet no, not quite there yet, and it could be that,
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  Speaker 7: you know, he will need to scrabble around for some
• 9:49
  Speaker 7: other parties to be able to build that coalition. It
• 9:52
  Speaker 7: could be difficult for him to do, and of course
• 9:54
  Speaker 7: that reduces his ability his mandate to lead the country
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  Speaker 7: if he hasn't got quite the majority he needs.
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  Speaker 3: Nick, appreciate your time. Great to have you on feature story.
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  Speaker 3: News political analyst Nick Harper with us this morning. Quebecua
• 10:06
  Speaker 3: is the party that will hold the balance of power
• 10:08
  Speaker 3: should they not reach one hundred and seventy two. They're
• 10:10
  Speaker 3: a left leaning regional party. Eighteen minutes after five, your
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  Speaker 3: News Talk said b Barb is here next, Barbara Edmonds
• 10:16
  Speaker 3: from Labor. She's gonna have a crack at Nickeler about
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  Speaker 3: the budget announcement yesterday on.
• 10:22
  Speaker 1: Your radio and online on iHeartRadio early edition with Ryan
• 10:26
  Speaker 1: Bridge and one roof to make your property search simple.
• 10:30
  Speaker 1: News Talk said be.
• 10:32
  Speaker 3: Five twenty Gavin Gray Amen in the UK. Europe is
• 10:34
  Speaker 3: with us after the half news. This is on the
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  Speaker 3: latest for Spain and Portugal right now. The government harving
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  Speaker 3: the operating allowance and this budget to one point three
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  Speaker 3: billion it was two point four billion billions and savings
• 10:45
  Speaker 3: will be found to fund new stuff, health, education, cops, defense,
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  Speaker 3: They're all getting a boost, according to the minister yesterday.
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  Speaker 3: Labour's finance spokesperst and Barbara Evans will be this morning.
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  Speaker 2: Barbara, good morning, Good morning, Ryan.
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  Speaker 10: How are you.
• 10:58
  Speaker 2: I'm very well, thank you. Good to have you on.
• 10:59
  Speaker 3: Did you see that note from ASB last night They're
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  Speaker 3: perking interest rates will have to go lower to do
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  Speaker 3: more of the heavy lifting for growth.
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  Speaker 2: What do you make of it?
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  Speaker 10: Yeah, that I've seen that commentary a little bit as
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  Speaker 10: well online from different economists and that's really to help
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  Speaker 10: stimulate the economy and growth. So if that's the case,
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  Speaker 10: I mean, I know the Reserve Bank governor or the
• 11:20
  Speaker 10: previous guy said that there'll be two cuts before the
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  Speaker 10: middle of the year. So the Financial Stability Report will
• 11:27
  Speaker 10: come out next week, so it'll be interesting to see
• 11:30
  Speaker 10: where they land.
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  Speaker 3: That would be a good thing, though, wouldn't it. I mean,
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  Speaker 3: if you have the Reserve Bank doing more of the
• 11:35
  Speaker 3: heavy lifting bringing our mortgage rates down so we're not
• 11:39
  Speaker 3: so poor, is that not a good outcome?
• 11:42
  Speaker 10: Yeah, that is a good outcome if you've got a
• 11:44
  Speaker 10: mortgage and if you rent, obviously, But it's very much
• 11:48
  Speaker 10: clear that it's at the economy is not growing.
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  Speaker 2: Yeah, yeah, yeah, I know, But I mean, well, who's
• 11:55
  Speaker 2: is at the moment? I suppose that's the problem, isn't it.
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  Speaker 3: So the surplus, that's what we want to get to, right,
• 12:01
  Speaker 3: and this is why she's she's cut the operating allowance
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  Speaker 3: because she wants to get that surplus by twenty twenty nine.
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  Speaker 2: Is that not a laudable goal?
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  Speaker 10: Well, it comes down to what are the choices she's
• 12:11
  Speaker 10: going to have to make to get to that surplus.
• 12:14
  Speaker 10: So again we've had concerns around productivity. We want to
• 12:19
  Speaker 10: make sure that that they're smart investment. You know, it's
• 12:23
  Speaker 10: really clear and New Zealand does have a productivity issue
• 12:26
  Speaker 10: and some of those key areas like innovation, research and development,
• 12:30
  Speaker 10: that's where smart governments.
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  Speaker 3: Totally, but that we've had those problems for thirty years now,
• 12:35
  Speaker 3: haven't we If we're looking at the here and now,
• 12:38
  Speaker 3: surely the bigger issue is the debt. You know, debt
• 12:41
  Speaker 3: to GDP is forty percent heading to forty five. It's
• 12:44
  Speaker 3: twice what it was pre COVID. Borrowing costs are going up.
• 12:48
  Speaker 3: You know, what do we do if we have an earthquake?
• 12:50
  Speaker 3: What do we do if there's a cyclone? You know,
• 12:51
  Speaker 3: we've got Trump and his terrace. We're a small trading nation.
• 12:55
  Speaker 3: When is a good time to get to surplus and
• 12:57
  Speaker 3: start paying down debt?
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  Speaker 2: Barbara?
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  Speaker 10: Yeah, And the point is key that as long as
• 13:02
  Speaker 10: the economy is growing, your deep to GDP measure will fall.
• 13:07
  Speaker 10: So that's the really important part to it. You know,
• 13:09
  Speaker 10: labor had a surplus before we went into COVID in
• 13:12
  Speaker 10: twenty nineteen of seven billion dollars. And you're right, you
• 13:16
  Speaker 10: put the umbrella up when you need to when there's
• 13:19
  Speaker 10: a pandemic, when there was a cyclone, so it's making
• 13:22
  Speaker 10: sure you have that headroom.
• 13:23
  Speaker 2: Was there a little too much umbrella? Do you think?
• 13:27
  Speaker 10: Well, we had to invest to keep people in jobs.
• 13:30
  Speaker 10: We had the lowest COVID mortality rates in the world.
• 13:34
  Speaker 10: You know, we had record low employment when Treasury was
• 13:36
  Speaker 10: forecasting economic but it.
• 13:38
  Speaker 3: Was all going to have to be paid for at
• 13:40
  Speaker 3: some point, which is what's happening now, isn't it. I mean,
• 13:42
  Speaker 3: that's the lesson we've learned, Barbara.
• 13:45
  Speaker 10: And that's the interesting thing is that actually we only
• 13:47
  Speaker 10: went into a recession last year. We were actually still
• 13:50
  Speaker 10: growing in the Treasury said that to me.
• 13:54
  Speaker 3: The Treasury economists, sorry, say that again. The Treasury chief
• 13:57
  Speaker 3: economist told you that the growth that.
• 14:00
  Speaker 10: We had been growing, we still had actual marginal growth
• 14:04
  Speaker 10: post COVID, And actually we only went into recession the
• 14:08
  Speaker 10: last three quarters of the last financial year.
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  Speaker 2: Yeah, everybody knows that.
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  Speaker 3: But you're not saying that's just because we had a
• 14:13
  Speaker 3: national government, are you.
• 14:15
  Speaker 10: No, all we're saying that this is where choices really matter.
• 14:18
  Speaker 10: But the choices houses you keep construction workers in jobs,
• 14:22
  Speaker 10: you build homes. Government's pulling back at a time when
• 14:26
  Speaker 10: they should be investing.
• 14:27
  Speaker 3: But you guys went too HUNDI, didn't you. And you
• 14:30
  Speaker 3: mentioned the fact we were growing, but inflation was through
• 14:33
  Speaker 3: the roof. We had to bring that under control. That's
• 14:36
  Speaker 3: what's happening now.
• 14:37
  Speaker 10: And that goes to your earlier points right around the
• 14:40
  Speaker 10: Reserve Bank having to do a lot of that heavy lifting,
• 14:42
  Speaker 10: and they believed that they needed to hike interest rates
• 14:45
  Speaker 10: up to bring inflation down because that's their mandate. So
• 14:48
  Speaker 10: seeing that ASB the commentators are saying, well, they think
• 14:51
  Speaker 10: interest rates are going to drop further, that's the Reserve
• 14:53
  Speaker 10: Bank doing their job.
• 14:55
  Speaker 3: All right, I really appreciate you coming on the show
• 14:57
  Speaker 3: as always. Barbara Edmonds, Labour's finance spokesperson. Twenty five minutes
• 15:00
  Speaker 3: after five News Talks have been.
• 15:02
  Speaker 1: The early edition full show podcast on iHeartRadio how It
• 15:06
  Speaker 1: By News Talks AB.
• 15:09
  Speaker 3: Five twenty seven News Talk said, B, where you can't
• 15:11
  Speaker 3: say that we weren't warned. Nikola Willis will be taking
• 15:14
  Speaker 3: to government spending like a butcher to a fresh carcass.
• 15:17
  Speaker 3: She has been saying that for months. Yesterday she has
• 15:20
  Speaker 3: the operating alliance to one point three billion. All this
• 15:23
  Speaker 3: because she wants to do what she said she'd do
• 15:25
  Speaker 3: and planned to do, and that's balanced the books by
• 15:27
  Speaker 3: twenty twenty nine. The recessions cut her tax takes, So
• 15:31
  Speaker 3: you either push your surplus out or you trim your
• 15:33
  Speaker 3: spending labor. Of course, says this is austerity and it's
• 15:36
  Speaker 3: bad and we should be spending more, not less. Well,
• 15:39
  Speaker 3: we know where that got us, don't We waiste deep
• 15:41
  Speaker 3: in our own shite shape that Willis is now wading
• 15:45
  Speaker 3: her way through trying to clean it up. Budgets are
• 15:48
  Speaker 3: just bigger versions of what we all do in our
• 15:50
  Speaker 3: own day to day lives. We make decisions, We make
• 15:52
  Speaker 3: choices about how much to spend, how much to borrow,
• 15:56
  Speaker 3: what we spend on, and more importantly, what we don't.
• 16:00
  Speaker 3: And if you ask most kiwis today what they're doing
• 16:03
  Speaker 3: right now, are they doing a Hipkins borrowing and splashing
• 16:07
  Speaker 3: the cash, stacking the pantry with nice brand, spanking new purchases.
• 16:11
  Speaker 3: Or are they doing a Willis spending on the stuff
• 16:14
  Speaker 3: that you need, cutting the stuff that you don't, and
• 16:17
  Speaker 3: trying to balance your budget so you can start paying
• 16:20
  Speaker 3: down your debt. I reckon most Kiwis are doing the latter,
• 16:23
  Speaker 3: and in that score, she's on the money. But here's
• 16:26
  Speaker 3: the thing to worry about, and it's a worry every
• 16:29
  Speaker 3: time there's an election. The political calculation for budget twenty
• 16:32
  Speaker 3: twenty five will be very different to Budget twenty twenty six.
• 16:36
  Speaker 3: You can get away with running a tight ship in
• 16:38
  Speaker 3: the off season, but next year we're going to the polls.
• 16:41
  Speaker 3: Just look across the Tasman for a whiff of how
• 16:44
  Speaker 3: mad that makes us and by extension, our politicians. Elbow's
• 16:48
  Speaker 3: borrowing so much for his spand angle election promises that
• 16:52
  Speaker 3: stand in pause, threatening to downgrade their triple A credit rating.
• 16:55
  Speaker 3: Debt funded elections, spending so out the gate, it's pushing
• 16:59
  Speaker 3: government out outlays to the highest levels since World War Two.
• 17:03
  Speaker 3: They're now promising to cut seven billion dollars out of
• 17:06
  Speaker 3: the public service. Least they pushed the boat out too far.
• 17:08
  Speaker 3: And this is a labor government across the testament. Let's
• 17:12
  Speaker 3: not forget the coalition's been dining out on the credit
• 17:15
  Speaker 3: card too. It's not just the lefties. And this is
• 17:18
  Speaker 3: the lesson and the warning this morning. Being frugal and
• 17:22
  Speaker 3: thrifty is easy when you're not trying to buy an election.
• 17:25
  Speaker 3: So yes, Willis is making the right noises for now,
• 17:30
  Speaker 3: but next year might just be a different story.
• 17:33
  Speaker 1: Bryan Bridge.
• 17:34
  Speaker 3: By twenty nine, Y're on news Talk, saidb Gavin Gray
• 17:37
  Speaker 3: out of the UK. After news, we'll get to our
• 17:39
  Speaker 3: reporters around the country and news.
• 17:42
  Speaker 1: And views you trust to start your day. It's early
• 17:46
  Speaker 1: edition with Ryan Bridge and One Room Make your property
• 17:49
  Speaker 1: search simple.
• 17:51
  Speaker 5: Can you talk, Siv.
• 17:58
  Speaker 2: Keep morning. It is twenty four minutes away from the
• 18:00
  Speaker 2: news talk, said b.
• 18:01
  Speaker 3: We just had Barbara Edmonds, Labur's finance spokesperson on Nikola
• 18:04
  Speaker 3: Willis's budget, which she's trimming a lot of fat to
• 18:07
  Speaker 3: be trimmed. Kirsten says, oh, my goodness, this is what's
• 18:10
  Speaker 3: scary about labor. Thus, Ben Spin Spin Ryan God helped
• 18:13
  Speaker 3: the country. If Barbara ever gets her hands on the books,
• 18:16
  Speaker 3: and Dan says, surely that is not a person trying
• 18:19
  Speaker 3: to represent our country and finance. The thing about Barbara
• 18:22
  Speaker 3: is at least she understands the economy, the basics of it.
• 18:27
  Speaker 3: You couldn't say that for a lot of former labor
• 18:30
  Speaker 3: finance spokespeople produce now Scott Besson speaking of smart people,
• 18:34
  Speaker 3: he's the US Treasury secretary. He's the guy that you
• 18:37
  Speaker 3: want to listen to. This is my view anyway, from
• 18:40
  Speaker 3: what I can gather, he's the guy you want to
• 18:42
  Speaker 3: listen to. He's former Hedge fun guy, he's smart. Trump
• 18:45
  Speaker 3: obviously trusts him. He fronted a press conference with Leavitt
• 18:48
  Speaker 3: today and he's not the looney one, he's not Lutnik
• 18:51
  Speaker 3: the trade guy. Anyway, he comes out today and he
• 18:54
  Speaker 3: lays out the strategy. What he says the tariff strategy
• 18:57
  Speaker 3: as have a listen.
• 18:58
  Speaker 5: I think one thing that has been a little disconcerting
• 19:01
  Speaker 5: for the markets is, you know, President Trump creates what
• 19:04
  Speaker 5: I would call strategic uncertainty in the negotiations. What we
• 19:08
  Speaker 5: are doing is we've created a process. I think the
• 19:10
  Speaker 5: aperture of uncertainty will be narrowing, and as we start
• 19:15
  Speaker 5: moving forward announcing deals, then there will be certainty. But
• 19:22
  Speaker 5: certainly is not necessarily a good thing in negotiating.
• 19:24
  Speaker 3: In other words, yes, it's chaos now, but that's intentional,
• 19:28
  Speaker 3: and we want to get some trade deals done. In
• 19:30
  Speaker 3: other words, the end goal is not necessarily tariff revenue,
• 19:34
  Speaker 3: but it's bringing tariffs down. I mean, could we end
• 19:37
  Speaker 3: up could we see a world where we get more
• 19:39
  Speaker 3: free trade out of a Trump presidency than a Biden one?
• 19:44
  Speaker 3: You know, could this actually be? And we saw those polems,
• 19:47
  Speaker 3: could this actually be the low tide mark for Donald Trump?
• 19:50
  Speaker 3: If he gets the deals done, if he gets more
• 19:52
  Speaker 3: free trade with the big partners, plus a little bit
• 19:54
  Speaker 3: of tariff revenue from the rest of us that pays
• 19:57
  Speaker 3: for you, you know, your no tax on tips that
• 19:59
  Speaker 3: is promp must be Americans. He might be celebrated in
• 20:02
  Speaker 3: a year or two for that, you know, just a question. Meanwhile,
• 20:06
  Speaker 3: you've got Carnie on the other hand, who's celebrating today.
• 20:09
  Speaker 3: But as this is high tide mark, he's a guy
• 20:12
  Speaker 3: representing a party being in power for ten years, huge
• 20:16
  Speaker 3: social problems that aren't going to go away overnight. And
• 20:19
  Speaker 3: then what you've got the same party that's been in
• 20:21
  Speaker 3: there for fourteen years?
• 20:23
  Speaker 2: Is this his high tide mark? Twenty two away from.
• 20:26
  Speaker 3: Sex Bridge Show to our reporters around the country, Callum
• 20:29
  Speaker 3: Proctors and Dunedin for us this morning with an update
• 20:31
  Speaker 3: on the alcohol laws for the AB's test later this year.
• 20:34
  Speaker 2: Clum, Good morning, Year morning Ryan.
• 20:37
  Speaker 11: The city Council hes being asked to lift an alcohol
• 20:40
  Speaker 11: ban for the lower octagon for the test against France
• 20:43
  Speaker 11: here on July five. This is the only South Island
• 20:47
  Speaker 11: All Blacks tests of the year, so it's expected to
• 20:48
  Speaker 11: sell out. That'll be thirty thousand. Around eighteen thousand of
• 20:51
  Speaker 11: those fans will be from out of town. A report
• 20:54
  Speaker 11: to Council, says staff for proposing to create an octagon
• 20:56
  Speaker 11: hub for the event, including food and beverage offering and
• 21:00
  Speaker 11: also a giant beer tent and a bid to enhearance
• 21:02
  Speaker 11: the event. They're asking for council to consider a temporary
• 21:06
  Speaker 11: suspension of the alcohol band from midday to seven pm
• 21:09
  Speaker 11: that day.
• 21:10
  Speaker 2: And how's your weather color?
• 21:12
  Speaker 11: It's mostly cloudy today, chance of a shower or two
• 21:15
  Speaker 11: Southerlys and a high of only twelve today.
• 21:17
  Speaker 2: Excellent clears and Christy, it's spading clear.
• 21:19
  Speaker 3: Good morning, good morning.
• 21:20
  Speaker 2: Now more records broken for Electric Avenue.
• 21:23
  Speaker 3: Yes, that's right, Ryan.
• 21:24
  Speaker 12: Look, this is the music festival that was held here.
• 21:27
  Speaker 12: It celebrated its tenth anniversary actually in February now we
• 21:31
  Speaker 12: believe or christ Church and Z stats say that this
• 21:34
  Speaker 12: has produced the largest spend of any local event potentially
• 21:38
  Speaker 12: since the nineteen seventy four Commonwealth Games were here. Now
• 21:41
  Speaker 12: seventy five thousand people went to Hagley Park over the
• 21:44
  Speaker 12: two days this February, around ten point five million dollars
• 21:47
  Speaker 12: was spent in christ Church. According to this new economic
• 21:50
  Speaker 12: impact report. To give you an idea, if we compare
• 21:53
  Speaker 12: that to the twenty twenty three sale GP here for example,
• 21:56
  Speaker 12: that resulted in a four million dollar spend. So the
• 21:59
  Speaker 12: festival director, Callum Mitchell, says, it's been phenomenal growth over
• 22:02
  Speaker 12: the past decade for Electric av and there's always more
• 22:05
  Speaker 12: improvements to keep making it bigger and better.
• 22:08
  Speaker 6: He says he does.
• 22:09
  Speaker 12: Feel a bit of pressure actually to deliver an event
• 22:11
  Speaker 12: of this scale, knowing what it means economically for the city.
• 22:14
  Speaker 2: It's fantastic news. How's your wead to Claire.
• 22:16
  Speaker 10: We're under a.
• 22:17
  Speaker 12: Heavy rain warning at the moment for much of the
• 22:19
  Speaker 12: wider Canterbury area. Christchich itself has a heavy rain watch.
• 22:23
  Speaker 12: The warning in place until late tomorrow will have southerly'es
• 22:26
  Speaker 12: and a high of thirteen as well.
• 22:28
  Speaker 3: All right, thanks so much for that. Maxim Wellington this morning, Max,
• 22:30
  Speaker 3: good morning, Good morning. You've got some good news finally
• 22:33
  Speaker 3: on this missing twelve year old.
• 22:35
  Speaker 13: Yeah, a lot of coverage of the past few days
• 22:37
  Speaker 13: about a twelve year old Corrory kid, William Walsley. He
• 22:42
  Speaker 13: went missing Saturday night. Terrifying experience for the parents. Had
• 22:46
  Speaker 13: been in the CBD Saturday, not heard from it at
• 22:49
  Speaker 13: all until Monday when he told a friend he was okay.
• 22:53
  Speaker 13: The police found him yesterday in Lower Hut and brought
• 22:56
  Speaker 13: him home. They went full tech as well. Through that
• 22:58
  Speaker 13: text to his friend, police were able to track him
• 23:01
  Speaker 13: via his phone use. Walmsley is unharmed, but apparently we're
• 23:05
  Speaker 13: not yet at the bottom of what actually happened. It
• 23:07
  Speaker 13: had seemed like a runaway case. Walmsley had told his
• 23:11
  Speaker 13: friend had been had met other runaway kids in the
• 23:14
  Speaker 13: CBD and was with one of them. There were strangers
• 23:18
  Speaker 13: involved as well. Apparently the important thing though, right now
• 23:21
  Speaker 13: is that he's home safe.
• 23:22
  Speaker 2: Yeah, yeah, that's great news. How's your weather, max.
• 23:25
  Speaker 13: Rain heavy falls from this afternoon's strongest southerlyies as well
• 23:29
  Speaker 13: a high of sixteenth central.
• 23:30
  Speaker 2: Thank you never, good morning, good morning.
• 23:32
  Speaker 3: Now this beneficiary who got about one hundred and sixty
• 23:34
  Speaker 3: K in a bank account.
• 23:35
  Speaker 2: And not who then spends it, Yes, could be in.
• 23:39
  Speaker 14: Trouble, could be in trouble. Absolutely so. Look a Mount
• 23:43
  Speaker 14: Roskill pinchiner accidentally sent his retirement savings you know, to
• 23:48
  Speaker 14: the wrong account, like as you say, and that was
• 23:50
  Speaker 14: back to New Zealand from the UK WESTPEC have they've
• 23:54
  Speaker 14: got like twenty eight thousand dollars of that, but the
• 23:57
  Speaker 14: rest of it has gone on cars and all sorts
• 23:59
  Speaker 14: of things. What they're saying is that this person could
• 24:03
  Speaker 14: be prosecuted for theft. I hope they are. We were
• 24:05
  Speaker 14: talking about this in the news room because we thought,
• 24:07
  Speaker 14: would you do it?
• 24:08
  Speaker 2: No, no, of course you wouldn't. You wouldn't do it,
• 24:10
  Speaker 2: do you know what?
• 24:11
  Speaker 3: At worst, what you would do is set it aside,
• 24:15
  Speaker 3: not spend it, but just set it aside and see
• 24:17
  Speaker 3: if anyone, well, we'll just you know, see if anyone
• 24:21
  Speaker 3: comes to claim it at worst.
• 24:22
  Speaker 14: At worst. And the other thing too that we were
• 24:24
  Speaker 14: talking about is that if you were a victim, say
• 24:26
  Speaker 14: like I mean, I remembered years ago, I found the
• 24:28
  Speaker 14: wallet in the mall and I didn't even open it.
• 24:31
  Speaker 14: I just picked it up, took it to customer service,
• 24:34
  Speaker 14: and you do that. But you know, like I thought,
• 24:37
  Speaker 14: oh well, depending on you know, would I expect like
• 24:39
  Speaker 14: a thirty dollars little reward? So most of us in
• 24:42
  Speaker 14: there thinking, you know, we would expect a little we reward.
• 24:45
  Speaker 14: Would you do that was too much?
• 24:47
  Speaker 2: I think that might be a little too okay.
• 24:49
  Speaker 3: But the thing is there we people out there who'll say, well,
• 24:52
  Speaker 3: this is a beneficiary who didn't have much money, so yes,
• 24:55
  Speaker 3: they're going to spend it.
• 24:56
  Speaker 1: Absolutely.
• 24:57
  Speaker 2: It doesn't make it right now, it doesn't make it right.
• 24:58
  Speaker 14: Thank goodness, we're honest. Towns to wear the neighbor, Ryan
• 25:01
  Speaker 14: tuning to shew as possible thunderstorms from the afternoon. Another
• 25:04
  Speaker 14: warm one turn the earcon on Aucklander's twenty two Sighs.
• 25:07
  Speaker 3: Seventeen to Sexy're on news, Talk to b We'll get
• 25:10
  Speaker 3: to Devin Gray in the UK.
• 25:11
  Speaker 1: Next international correspondence with insign Eye Insurance Peace of Mind
• 25:16
  Speaker 1: for New Zealand Business fourteen to sex.
• 25:18
  Speaker 3: Develop developing story for you this morning out of Sweden,
• 25:20
  Speaker 3: a shooting at a hear seal on Gavin Gray are
• 25:23
  Speaker 3: UK europe correspondent with the later skivin What do we know?
• 25:27
  Speaker 15: Yeah, very sketchy details at the moment, Ryan, but we're
• 25:30
  Speaker 15: being told that potentially three people may have been killed.
• 25:34
  Speaker 15: Earlier reports suggested several, so it's probably somewhere in the middle,
• 25:39
  Speaker 15: I would have thought. As the news comes in in Uppsala,
• 25:42
  Speaker 15: a city in Sweden, now it's reported that right in
• 25:45
  Speaker 15: the city center there were a series of loud cracks
• 25:48
  Speaker 15: and bangs indicating gunfire. Members of the public called the
• 25:52
  Speaker 15: police saying that were gunshots being fired, and several people
• 25:56
  Speaker 15: were found in and around the city center with injuries
• 25:59
  Speaker 15: and gunshot wounds. It's being reported police say they're cording
• 26:03
  Speaker 15: off a large area of the city. There are gun laws,
• 26:08
  Speaker 15: of course in Sweden, but I'm afraid. Back in February,
• 26:11
  Speaker 15: in another Swedish city, ten people were killed in the
• 26:14
  Speaker 15: country's deadliest ever mashed suiting. There a thirty five year old,
• 26:17
  Speaker 15: unemployed loner open fire on students and teachers at an
• 26:21
  Speaker 15: adult education center. We don't know much more about today's shooting.
• 26:24
  Speaker 15: That suffice to say there'll be more questions about tightening
• 26:27
  Speaker 15: gun laws in Scandinavia.
• 26:29
  Speaker 2: Devin, there's Spain, Portugal cyber Atteck.
• 26:32
  Speaker 3: Well, not a cyber Atteck, but a power cut now
• 26:34
  Speaker 3: we know definitely not a cyber Attech.
• 26:37
  Speaker 2: Is it possible that this weather thing could happen again.
• 26:40
  Speaker 15: Yeah, that's the big fear, and I think lots of countries,
• 26:43
  Speaker 15: including the UK, thinking, well, hang on a minute, are
• 26:46
  Speaker 15: we sort of resilient enough to get through this if
• 26:49
  Speaker 15: it happened to us, Because let's not forget people were
• 26:51
  Speaker 15: stuck in lifts. The electric trains simply stopped mid stations
• 26:56
  Speaker 15: and you couldn't open the doors. It was a very
• 26:58
  Speaker 15: hot day yesterday in Spain and Portugal, and of course
• 27:02
  Speaker 15: the petrol pumps weren't working, and the cash registers weren't working,
• 27:07
  Speaker 15: and of course the credit cards weren't accepted, so all
• 27:10
  Speaker 15: of a sudden there was panic buying with cash. There
• 27:12
  Speaker 15: were cash machine cues that were very lengthy, but we
• 27:15
  Speaker 15: now looked like that are very large drop in energy
• 27:19
  Speaker 15: equivalent to sixty percent of the demand was suddenly lost
• 27:22
  Speaker 15: from the system. About fifteen Gigawa was in just five second.
• 27:27
  Speaker 15: So there's been a press conference in which it said
• 27:29
  Speaker 15: there were two disconnection events barely a second apart in
• 27:33
  Speaker 15: southwest Spain when there is a substantial solar power generation.
• 27:37
  Speaker 15: So whether it is this effort to use green energy
• 27:42
  Speaker 15: that suddenly caused a problem for not just Spain but
• 27:45
  Speaker 15: Portugal and bits of France as well is another matter.
• 27:48
  Speaker 15: It does appin most of these properties that were disconnected,
• 27:52
  Speaker 15: of which there were a vast areas of Spain and
• 27:55
  Speaker 15: Portugal in particular, it does look like that has now
• 27:58
  Speaker 15: been reconnected. But this a sudden drop in power is
• 28:01
  Speaker 15: obviously deeply worrying. The big investigation underway.
• 28:04
  Speaker 3: All right, Gavin, appreciate your time. Gavin Gray are UK
• 28:07
  Speaker 3: europe correspondent. It is eleven minutes away from at six
• 28:11
  Speaker 3: to worry. These numbers coming out of Ordering at Tamadiki
• 28:14
  Speaker 3: this morning via a report from enz ME, more than
• 28:17
  Speaker 3: thirteen hundred kids who are overdue to be assigned a
• 28:20
  Speaker 3: social worker. On top of this, eighty one thousand reports
• 28:24
  Speaker 3: of concern. That's when people are worried about a kid,
• 28:27
  Speaker 3: they report it to Ordering a Tamidiki eighty one thousand
• 28:30
  Speaker 3: in the last year to March. That is a forty
• 28:32
  Speaker 3: five percent increase on the previous year. The chief executive
• 28:35
  Speaker 3: Child Matters Jane Seyle with us this morning.
• 28:37
  Speaker 2: Jane, good morning, Good morning, Ryan. Now those overdue, So
• 28:41
  Speaker 2: the thirteen hundred kids overdue to be assigned a social worker,
• 28:44
  Speaker 2: that's ten days or more. How serious is that? Give
• 28:48
  Speaker 2: us an idea, Well.
• 28:50
  Speaker 6: It's usually concerning. So you need to have social workers
• 28:53
  Speaker 6: in front of these children to understand what the risk is.
• 28:56
  Speaker 6: So the question is what does it mean or we
• 28:58
  Speaker 6: have an increase in unallocated cases. The answers increase risk
• 29:01
  Speaker 6: for our vulnerable kids.
• 29:03
  Speaker 3: And a forty five percent increase in the reports of
• 29:06
  Speaker 3: concern just to clarify that's not necessarily eighty one thousand kids.
• 29:11
  Speaker 3: Is that there could be double.
• 29:13
  Speaker 6: Ups there, So it's well, it depends how they calculate
• 29:17
  Speaker 6: it and if there are reports concerns about the same
• 29:20
  Speaker 6: children or the same children in one family. But I mean,
• 29:23
  Speaker 6: we've always sat high with our reports are concerns, but
• 29:25
  Speaker 6: these are the highest numbers that I've seen. What's called
• 29:28
  Speaker 6: that that's up to debate. We do know, of course
• 29:30
  Speaker 6: that that's as a fraction of the children that are
• 29:32
  Speaker 6: risk in the country, because report are concerned are only
• 29:35
  Speaker 6: a fraction of what we know is going on. So
• 29:38
  Speaker 6: it shows that are doing this committy keys increasingly swamped
• 29:40
  Speaker 6: with this workload. And if you're swamped to do the
• 29:43
  Speaker 6: work that you're meant to be doing, that's a huge concern.
• 29:46
  Speaker 2: You said, it's up to debate about why.
• 29:48
  Speaker 3: Obvious answers one is there's more abuse going on or
• 29:52
  Speaker 3: people are reporting it more.
• 29:53
  Speaker 2: What do you say?
• 29:56
  Speaker 6: I would say it could be a mixture of both.
• 29:57
  Speaker 6: But we know that there's a huge amount of underreporting
• 29:59
  Speaker 6: and what I hear from the social sector is that
• 30:02
  Speaker 6: probably there is less reporting from some serious cases. So
• 30:05
  Speaker 6: it's certainly not indicative of the fact that it's just
• 30:08
  Speaker 6: more being reported and that we're knowing what's going on more.
• 30:11
  Speaker 6: I don't think that's the case.
• 30:13
  Speaker 3: Help This makes sense for me. Government says there's more
• 30:16
  Speaker 3: social workers going in, they've revamped the reporting system sixty
• 30:20
  Speaker 3: eight million dollars over four years or whatever it was
• 30:22
  Speaker 3: last year, and yet they are swamped. In your words,
• 30:25
  Speaker 3: what's going on?
• 30:27
  Speaker 6: But the answer is that OT is a very big
• 30:29
  Speaker 6: ship to turn around and it is going to take years.
• 30:31
  Speaker 6: We always knew that, but I think that, I mean,
• 30:34
  Speaker 6: this shows that the capacity is storm it not what
• 30:36
  Speaker 6: it should be. And if our weight lists are growing,
• 30:38
  Speaker 6: then it's going to increase risk. So there's no there's
• 30:40
  Speaker 6: no way of talking around that.
• 30:42
  Speaker 2: Jane. I appreciate your time this morning, Jane steal Child
• 30:44
  Speaker 2: Matters Chief Executive. It is nine minutes away from six,
• 30:48
  Speaker 2: Ryan Fred, you're on news Talk, said b we'll get
• 30:50
  Speaker 2: to Mike next.
• 30:52
  Speaker 3: He's in the Actually, the government announced this morning Paul
• 30:54
  Speaker 3: Goldsmith has put out a release. You know, in twenty
• 30:56
  Speaker 3: twenty Cabinet let the prisoners who were on sentences of
• 30:59
  Speaker 3: less than three years vote because why not you know
• 31:03
  Speaker 3: that's a priority. Well was for them anyway. Paul Goldsmith
• 31:07
  Speaker 3: put out a press release this morning saying that we're
• 31:09
  Speaker 3: going to reverse that, so they'll be banned again.
• 31:12
  Speaker 2: Eight to six.
• 31:14
  Speaker 1: Ryan Bridge on Early Edition where one roof make your
• 31:18
  Speaker 1: Property Search Simple used dog Ziby.
• 31:21
  Speaker 3: Good Morning at a six to six on newstalk. Zb
• 31:23
  Speaker 3: I said, yesterday we get some quarter one earnings reports
• 31:25
  Speaker 3: from the US. General Motors had theirs this morning, profit
• 31:28
  Speaker 3: down for quarter one and they've pulled their guidance. Jet
• 31:32
  Speaker 3: Blue Airways soft for quarter one again pulled their guidance,
• 31:36
  Speaker 3: which basically means they don't tell you how much they
• 31:39
  Speaker 3: think they're going to earn because they're just not sure.
• 31:41
  Speaker 3: They will have to tell us at some point. A
• 31:42
  Speaker 3: job's report out this morning from the US March job
• 31:45
  Speaker 3: Openings has actually looked okay. Consumer sentiment for April. It's
• 31:48
  Speaker 3: a survey, so take it with a grain of salt,
• 31:50
  Speaker 3: but was pretty bleak. Meanwhile, in China, state media have
• 31:54
  Speaker 3: released this video, including Ai sounding quite ominous against Trump's griffs.
• 32:01
  Speaker 8: This is just like the deadly trap of the eye
• 32:03
  Speaker 8: of the storm.
• 32:04
  Speaker 2: Bowling to a bully is like drinking poison. To quench thirst.
• 32:08
  Speaker 2: It only deepens the crisis quite grim five to six
• 32:12
  Speaker 2: Graying Bridge, you might.
• 32:14
  Speaker 16: Good morning, very good morning to you. I was reading
• 32:16
  Speaker 16: a report yesterday speaking of all of that. There's an
• 32:19
  Speaker 16: analyst in America who's charted exactly when the American economy
• 32:23
  Speaker 16: is going to end up in recession. So what happens
• 32:26
  Speaker 16: at the moment is the ships don't come. When the
• 32:28
  Speaker 16: ships don't come in a couple of months, the shells
• 32:30
  Speaker 16: start to be empty, prices go up. So you've got
• 32:32
  Speaker 16: a combination of prices going up. So it's like the
• 32:34
  Speaker 16: Amazon story this morning or Addi dask this morning announced
• 32:37
  Speaker 16: that they're basically going to put all their prices up
• 32:39
  Speaker 16: and people are they going to pay them all. They're
• 32:40
  Speaker 16: not things like tam anyway. So the shelves didn't become
• 32:43
  Speaker 16: empty in a couple of months. At the point of
• 32:45
  Speaker 16: the shells becoming empty, the truck drivers start getting laid
• 32:47
  Speaker 16: off because they don't have anything to transport anymore. Once
• 32:50
  Speaker 16: they get laid off, unemployment starts to rise, spending cuts down,
• 32:53
  Speaker 16: and then you're into recession.
• 32:55
  Speaker 3: So the end of summer, end of summer, I was
• 32:57
  Speaker 3: going to say, the Christian really is whether they are
• 32:59
  Speaker 3: already in recess.
• 33:00
  Speaker 16: Well that's the thing, of course, it's retrospective.
• 33:03
  Speaker 2: Of course.
• 33:03
  Speaker 16: But by the time the end of some of the
• 33:05
  Speaker 16: analyst said, it will be abundantly obvious to everybody that
• 33:09
  Speaker 16: America will be in recession.
• 33:10
  Speaker 3: It's got business this morning saying, look, I've done this
• 33:12
  Speaker 3: a long time and I don't really listen to the surveys.
• 33:15
  Speaker 2: That's cool.
• 33:16
  Speaker 3: The sentiment surveys don't really mean much to me, but
• 33:19
  Speaker 3: look at the hard data.
• 33:20
  Speaker 16: They will when they have the midterms next year and
• 33:23
  Speaker 16: things go really wrong. You can ask old Polyevan Canada
• 33:27
  Speaker 16: just just what it's like to lose your seat precisely,
• 33:31
  Speaker 16: and so, you know, it's amazing how the vota will
• 33:33
  Speaker 16: turn on you when times are tough.
• 33:35
  Speaker 3: See I reckon with Carney. This will be his high
• 33:37
  Speaker 3: tide mark because all of those problems that they hated.
• 33:40
  Speaker 2: The Liberals or you know, just a few nuts think
• 33:43
  Speaker 2: nothing's changed, nothing's changed.
• 33:44
  Speaker 16: Very important to remember too, when you look at that result,
• 33:47
  Speaker 16: it's actually that everyone's going, oh, it's incredible. The liberals one.
• 33:49
  Speaker 16: It's not incredible.
• 33:50
  Speaker 2: The Liberals one.
• 33:50
  Speaker 16: They've only just one they've only just won and Carney.
• 33:54
  Speaker 16: No one knows who he is. Barker, he's no different
• 33:58
  Speaker 16: to Trudeau. He a lovely like Trudeau. Wantz And so
• 34:02
  Speaker 16: you're right.
• 34:02
  Speaker 3: And if they don't get the majority, they're going to
• 34:04
  Speaker 3: be pulled even further left by this correct you know,
• 34:08
  Speaker 3: left party first animation for now. But let's see how
• 34:10
  Speaker 3: the whole thing's actually unfolds solve the world's problems.
• 34:13
  Speaker 2: Mike. Just a couple of minutes. Mike is here. We've
• 34:16
  Speaker 2: been next to have a great day. See tomorrow.
• 34:23
  Speaker 1: For more from Early Edition with Ryan Bridge. Listen live
• 34:26
  Speaker 1: to News Talks it'd be from five am weekdays, or
• 34:29
  Speaker 1: follow the podcast on iHeartRadio.