Latest / Early Edition with Ryan Bridge / Full Show Podcast: 21 August 2025

Transcript

Full Show Podcast: 21 August 2025 · Early Edition with Ryan Bridge

0:01
Speaker 1: The issues, the interviews and the insight. Ryan Bridge on
0:05
Speaker 1: earlier show with One Room Love Where You Live News Talk,
0:09
Speaker 1: sa'd be good morning.
0:11
Speaker 2: It has just gone six minutes after five. Great to
0:13
Speaker 2: have your company this morning. Nikola Willis on the ocr
0:16
Speaker 2: will Be with Mitch mccannon the US. Putin wants a
0:19
Speaker 2: say on Trump's security guarantee over Ukraine, basically dragging the
0:22
Speaker 2: whole thing out even further. A terrible year for Fletcher's
0:26
Speaker 2: and the sis reckons. There's a realistic chance some extremist
0:30
Speaker 2: nut job will attack on key we soil with either
0:32
Speaker 2: a knife or a gun. So that's sorry, knife for
0:35
Speaker 2: a car, So that's fun. We'll look at that at
0:37
Speaker 2: five point thirteen this morning. Six after the agenda Thursday,
0:42
Speaker 2: the twenty first of August, Putin's back to drawing out
0:46
Speaker 2: the war. He says the Kremlin should have a say
0:49
Speaker 2: in any security guarantee that Trump's talking to the Ukrainians about. Meanwhile,
0:53
Speaker 2: NATO generals are meeting virtually today UK's military chief. He's
0:58
Speaker 2: off to Washington to talk post conflict security guarantee.
1:01
Speaker 3: Sol Trump has said, well to get about proofs on
1:04
Speaker 3: the ground. That's not going to happen. The US is
1:06
Speaker 3: not going to commit troops to Ukraine, but it might
1:09
Speaker 3: provide some air support.
1:11
Speaker 2: What does that mean?
1:12
Speaker 1: That's why Vice.
1:14
Speaker 3: Admals Tony Radigan Admiral Robert has gone to Washington to
1:18
Speaker 3: try and establish is this going to be wholesales support?
1:22
Speaker 3: What are going to be the rules of engagement? Is
1:24
Speaker 3: it going to be logistics? Is it intelligence? Is it surveillance?
1:28
Speaker 2: Now, remember yesterday I told you that Hamas had agreed
1:31
Speaker 2: to a ceasefire, sixty days ceasefire, and that the Israelis
1:34
Speaker 2: were going to get back to us in a couple
1:36
Speaker 2: of days. Well, the Israelis are calling up sixty thousand
1:38
Speaker 2: reservists for a ground offensive to occupy all of Gaza City.
1:42
Speaker 2: Hundreds of thousands of Palestinians in Gaza expected to be
1:45
Speaker 2: ordered to evacuate to southern shelters.
1:47
Speaker 4: As we've been hearing the Palestinians in Gaza City, you
1:51
Speaker 4: are very aware that already in recent days things have intensified,
1:55
Speaker 4: particularly on the outskirts of Gaza City, with demolitions taking place,
2:00
Speaker 4: their more strikes, more artillery fire, and that is driving
2:04
Speaker 4: people away from certain neighborhoods.
2:06
Speaker 2: And from ban to fan. The White House is now
2:09
Speaker 2: on TikTok. Here's a slippet of the first video, which
2:13
Speaker 2: has already cocked up a million views.
2:15
Speaker 5: Every day.
2:17
Speaker 1: I wake up determined to deliver a better life for
2:22
Speaker 1: the people all across this nation.
2:25
Speaker 2: I am your voice. Okay, thanks for that.
2:34
Speaker 1: Eight after five the First Word on the News of
2:37
Speaker 1: the Day Early edition with Ryan Bridge and one Roote
2:42
Speaker 1: Love Where you Live News Talks.
2:44
Speaker 2: So we had the strike yesterday and we had the
2:46
Speaker 2: government saying it's just a tantrum. The teachers are throwing
2:48
Speaker 2: a tantrum, tantrum, they're using the students as ransom. And
2:53
Speaker 2: then yesterday the Public Services Commissioner, Sir Brian Roach came
2:57
Speaker 2: out and said, actually, we're going to review our offer. Now,
3:00
Speaker 2: we're revising our offer to the teachers. Our initial offer,
3:04
Speaker 2: he says, clearly hasn't hit the mark and we are
3:06
Speaker 2: doing work on a revised offer. If it was a
3:09
Speaker 2: tantrum like the government MPs said it was, the ministers
3:14
Speaker 2: said it was, why would you reward bad behavior? What
3:19
Speaker 2: kid throws a tantrum and then you give them a lollipop? No,
3:22
Speaker 2: it doesn't happen, does it. So that's weird. Do you
3:25
Speaker 2: think maybe the ministers went a little too far with
3:27
Speaker 2: their er rehtoric At some point you're gonna gett around
3:30
Speaker 2: the table. This report from the SAS, which we'll look
3:33
Speaker 2: at just before five point thirty this morning, it's a
3:35
Speaker 2: New Zealand's threat basically the threat level that we face
3:38
Speaker 2: from global terrorism, from espionas whole bunch of stuff. It's
3:42
Speaker 2: yet you think your Aussie gunman in christ Church, think
3:45
Speaker 2: your neo Nazi types thinks Yajihardi extremists. They've come out
3:49
Speaker 2: and said things that sound scary but all a bit vague.
3:54
Speaker 2: I guess that's the essays for you. I'll just read
3:56
Speaker 2: some of for you. This is the report that was
3:58
Speaker 2: released ten minutes ago. A violent extremist attack is assessed
4:03
Speaker 2: as being a realistic possibility in New Zealand. What does
4:06
Speaker 2: that mean? Well, explains the likelihood there are violent extremists
4:11
Speaker 2: in New Zealand right now with the credible intent and
4:14
Speaker 2: the capability to undertake an attack or an ideologically motivated violence.
4:19
Speaker 2: This has been the assessment, by the way, just before
4:22
Speaker 2: you totally freak out, since twenty twenty two. But something's
4:26
Speaker 2: changed and we can all see it. The global violent
4:29
Speaker 2: extremist environment has changed and we are part of that
4:33
Speaker 2: because the Internet. The most likely attacked scenario they reckon
4:37
Speaker 2: in New Zealand is someone who acts alone, who has
4:41
Speaker 2: radicalized online, who's prepared for violence without anyone else knowing,
4:46
Speaker 2: and they'll carry out their attack. They reckon using basic weapons,
4:50
Speaker 2: either a knife or a vehicle, or some combination of both.
4:54
Speaker 2: We'll look at that at five twenty this morning. It
4:56
Speaker 2: is eleven after Get ahead of.
4:59
Speaker 1: The headline on early edition with Ryan Bridge and one
5:03
Speaker 1: roof Love where you Live.
5:05
Speaker 6: News Talks at Me.
5:07
Speaker 2: So the government made a change just gone thirteen minutes
5:09
Speaker 2: after five made a change and now it stile making
5:12
Speaker 2: a change about the interchange fees that you pay when
5:14
Speaker 2: you go and swipe your card, especially if it's a payWave,
5:17
Speaker 2: there's an extra fee added. And most businesses have gone
5:20
Speaker 2: all right, well, we're going to review this. Most councils
5:22
Speaker 2: are going to go over except Auckland Transport. I'll get
5:26
Speaker 2: to that a little later in the show, Bryan Bridge.
5:30
Speaker 2: A violent extremist attack in New Zealand is a realistic possibility.
5:34
Speaker 2: This is according to the sas the latest security report says,
5:37
Speaker 2: we're up against the most challenging national security environment in
5:40
Speaker 2: recent times. Foreign espionage is happening here, likely happening here
5:44
Speaker 2: without us even knowing, targeting sensitive information and critical infrastructure.
5:49
Speaker 2: John Battersby is a Massi University Center of Center for
5:53
Speaker 2: Defense and Security Studies with me this morning, John, Good morning, Good.
5:56
Speaker 6: Morning to you.
5:58
Speaker 2: Do you find this alarming?
6:01
Speaker 6: I don't know they find it alarming. I think I've
6:03
Speaker 6: often been critical of New Zealand has been a bit
6:06
Speaker 6: complacent about security issues and that we really do need
6:10
Speaker 6: to face up to the fact that the world is
6:11
Speaker 6: changing and that there are new things happening out there
6:14
Speaker 6: and they're not always good. So we do need to
6:16
Speaker 6: be a lot more aware of the types of security
6:19
Speaker 6: risks that exist.
6:21
Speaker 1: Now.
6:22
Speaker 6: Whether I would say that for alarming, I'm not too sure.
6:24
Speaker 6: I think a number of the thinking all of these
6:27
Speaker 6: things are listed in the threat assessment have been sitting
6:31
Speaker 6: sitting with us for quite some.
6:33
Speaker 2: Time now, and there's no I mean, it's the sis.
6:36
Speaker 2: So they're how they're going to tell you all their
6:38
Speaker 2: workings and exactly what they're thinking is right, and where
6:41
Speaker 2: the threats are and who they are. Is there enough
6:44
Speaker 2: detail to go off for you to be confident in
6:46
Speaker 2: their assessment.
6:48
Speaker 6: I think there's enough contextual detail to be to be
6:54
Speaker 6: confident that, yes, those security risks exist with this type
6:59
Speaker 6: of report. As you say, there's just they don't give
7:02
Speaker 6: a lot of detail. There is a fair bit of glossy, large,
7:06
Speaker 6: large text in this, so they don't really provide enough
7:10
Speaker 6: evidence to convince me that it's way worse than it
7:13
Speaker 6: was last year. But then they know things we don't
7:16
Speaker 6: and it's sort of one little advantage they have. It
7:19
Speaker 6: wouldn't surprise me if things have got a little bit worse.
7:23
Speaker 6: The geostrategic situation the Pacific is changing, there's a new
7:27
Speaker 6: contender on the block has been there for a while.
7:30
Speaker 6: That's going to affect how the Pacific is. Online extremism,
7:34
Speaker 6: I can't see that it's ever going to reduce year
7:37
Speaker 6: on year. It's just going to be so more common
7:40
Speaker 6: each year, I think. So, I think that's probably there,
7:43
Speaker 6: and yes, that's something we've been asleep to for a
7:46
Speaker 6: long time. That is happening here. It's been happening here
7:48
Speaker 6: on off I think for some time.
7:50
Speaker 2: Is that like, do you mean a tax on infrastructure
7:53
Speaker 2: cyber attacks that kind of thing, or do you mean
7:55
Speaker 2: physical has been our spies.
7:57
Speaker 6: I would say yeah. Look, I would say both. And
8:01
Speaker 6: the actors that are doing the cybertech can be state
8:04
Speaker 6: based or they can just be malicious actors, right, So
8:07
Speaker 6: that's not becoming a less of a risk ever in espionage.
8:13
Speaker 6: You know, look right back into the Cold War. If
8:16
Speaker 6: there's a soft option somewhere, there are states condeending for
8:19
Speaker 6: influence in geostrategic spaces, then yes, there will be a
8:23
Speaker 6: degree of espionage going on here.
8:26
Speaker 2: John, appreciate your time this morning, John Baddisbury, Massive University
8:29
Speaker 2: Center for Defense and Security Studies. It's sixteen after five
8:32
Speaker 2: on News talk s'b Ryan says John, different, John, publicizing
8:37
Speaker 2: these comments only puts ideas into the heads of people
8:40
Speaker 2: who do want to carry out and don't need much encouragement. Well,
8:45
Speaker 2: you've got what do you mean to do? Then? The
8:47
Speaker 2: reason they put these reports out is so that they
8:50
Speaker 2: appear at least to have some transparency around them, because
8:54
Speaker 2: we don't really know what they do or how they
8:56
Speaker 2: do it. So they put out a report that's very
8:58
Speaker 2: vague but gives you an idea of how scared you
9:01
Speaker 2: should be of something. I think it's a reasonable thing
9:03
Speaker 2: to do. Seventeen after five newstalks THEDB Fletchers next on.
9:08
Speaker 1: Your radio and online on Iheard Radio Early Edition with
9:12
Speaker 1: Ryan Bridge and one roof Love where You Live.
9:16
Speaker 2: News Talks d been five nineteen on News Talks, SADB
9:19
Speaker 2: Fletchers have had a pretty crappy year. It's fair to
9:22
Speaker 2: say four hundred million bucks. The net loss for last
9:24
Speaker 2: year twice as bad as the previous year six hundred
9:27
Speaker 2: and forty million dollars and losses over two years. Julian
9:31
Speaker 2: Lee's is a Building Industry Federation CEO with me this morning, Julian, good.
9:35
Speaker 7: Morning, Good morning Ryan.
9:37
Speaker 2: Geez, how much longer can you keep that up?
9:41
Speaker 7: Oh? Look, it's I think only only fletchures could probably
9:44
Speaker 7: withstand a loss like that. But it does underscore against
9:48
Speaker 7: the broader downturn that we're seeing across the whole construction sector,
9:51
Speaker 7: where these sorts of economic pressures that we're seeing are
9:54
Speaker 7: really reducing profitability and activity.
9:58
Speaker 2: Plus they've got this Sky City lawsuit hanging over them.
10:01
Speaker 2: There's a whole bunch of other risks that have been
10:03
Speaker 2: going to be factored in.
10:04
Speaker 7: Two Yeah, look absolutely, but you know what, I think
10:07
Speaker 7: the really interesting thing about this result was that they're
10:12
Speaker 7: actually their underlying profit went from five hundred and nine
10:15
Speaker 7: million out of three hundred and eighty four and that
10:18
Speaker 7: really highlights the fact that they were having squeezed margins
10:23
Speaker 7: across you know, all of their.
10:26
Speaker 6: All of their work.
10:27
Speaker 7: And that also again sort of highlights what we're seeing
10:30
Speaker 7: around sort of delays, the and just just the low
10:35
Speaker 7: margins that that that the sector is now having to face.
10:38
Speaker 7: And that's and that's not good.
10:41
Speaker 2: And the way that they're talking is like basically they're
10:44
Speaker 2: in a holding pattern at the moment, they're hunkering down,
10:46
Speaker 2: you know, environment remains uncertain, focus on cost control, operational discipline,
10:52
Speaker 2: all that sort of stuff.
10:54
Speaker 7: Yeah, which is probably the sensible thing particularly I guess,
10:58
Speaker 7: you know, they talk to their shareholders. But but you know,
11:00
Speaker 7: if look at the sector, we've gone from last year
11:04
Speaker 7: we had ninety nine billion dollars across building in construction.
11:07
Speaker 7: That's dropped five billion dollars to ninety four billion this year.
11:11
Speaker 7: So it's come down a lot. We've seen a lot
11:13
Speaker 7: of job losses. I think it's been reported around twelve thousand.
11:17
Speaker 7: So they are taking that conservative approach. I guess what
11:20
Speaker 7: we have to now to look at is what's going
11:22
Speaker 7: to be the things are going to drive the sort
11:24
Speaker 7: of recovery you know, are there signs that you know
11:28
Speaker 7: building and construction is going to come out of this?
11:30
Speaker 7: Are we at the bottom Bryan?
11:33
Speaker 2: We'll see how those OCI cuts announced yesterday and the
11:36
Speaker 2: track Ford impact that Julian, thank you. That's Julian Lees
11:39
Speaker 2: who's Building Industry Federation Team executive on Fletcher's result. Time
11:43
Speaker 2: is twenty one minutes after five Bryant Bridge. So you
11:47
Speaker 2: know when the government came out and said about the
11:50
Speaker 2: transaction fees, the card fees when you swipe your payWave, well,
11:54
Speaker 2: when you do it in Auckland and go park a car,
11:57
Speaker 2: Auckland Transport charges you fifty cents. A fifty centence transaction
12:02
Speaker 2: fee applies to whatever it is that you're paying for
12:05
Speaker 2: your parking. This has always annoyed me because there is
12:08
Speaker 2: no alternative. You can't pay cash, and you cannot use
12:13
Speaker 2: an f post card. You have to tap. And if
12:16
Speaker 2: you can't tap, well presumably you could do it online.
12:18
Speaker 2: I don't know. But when you if you turn up there,
12:20
Speaker 2: you can't tap, you can't cash. You've got to, you know,
12:23
Speaker 2: pay your fifty cents now they've come out and said
12:27
Speaker 2: we're not changing that. We don't think we have to.
12:30
Speaker 2: How arrogant. Even Wilson Parking, who's you know, everyone thinks
12:34
Speaker 2: it's pretty much hitler. Even Wilson Parking is saying that
12:38
Speaker 2: they're going to revise their fees. Even Wellington City Council,
12:42
Speaker 2: who everyone thinks is you know, well woeful. Even they're
12:47
Speaker 2: reviewing their fee and guess what their fee is? Thirty cents?
12:51
Speaker 2: So why is two things? Why is Auckland's fifty and
12:55
Speaker 2: Wellington's thirty? And why is Auckland Transport the only only
13:00
Speaker 2: one not budging the answer? Because there are a bunch
13:03
Speaker 2: of a holes. Twenty three after five the early.
13:08
Speaker 1: Edition full show podcast on iHeartRadio how It by NEWSTALKSB.
13:14
Speaker 2: News talksb it is twenty five minutes after five. Nine
13:17
Speaker 2: to ninety two is the number to text on your
13:19
Speaker 2: Thursday morning. Remember just a few weeks ago John Key
13:22
Speaker 2: came out and he said he wanted one hundred basis
13:26
Speaker 2: point cut from the Reserve Bank. Well, they almost gave
13:29
Speaker 2: him what he wanted yesterday. It's easy to be an
13:32
Speaker 2: armchair critic of the boffins. Down at number two. The terrorists.
13:34
Speaker 2: They should have gone for fifty Club twenty five was
13:37
Speaker 2: too cautious. But markets listeners much to the guff after
13:42
Speaker 2: the big announcement as they do the actual announcement. And
13:45
Speaker 2: if you need proof of that, already, retail banks have
13:47
Speaker 2: started slashing mortgage rates, both variable and fixed. That's on
13:50
Speaker 2: top of the cuts that they already made last week.
13:53
Speaker 2: Pricing in the twenty five Some of the big ones
13:55
Speaker 2: will in the coming weeks, some say, some economists picking
13:58
Speaker 2: get down to four and a half on short term fixed.
14:02
Speaker 2: Look how the currency markets reacted. These guys were surprised.
14:06
Speaker 2: Coming out with what is essentially a triple shot to
14:08
Speaker 2: two point five by Christmas is a strong signal to send.
14:14
Speaker 2: It's easy to get caught up in the hysteria of
14:17
Speaker 2: calls for double shot all at once, but the bank
14:20
Speaker 2: can have its cake and eat it to eat it too,
14:23
Speaker 2: get businesses and households spending without risking inflation which is
14:26
Speaker 2: touching cloth on three percent. Yes, they do look through
14:30
Speaker 2: near term inflation, but there's also heat in the provinces.
14:34
Speaker 2: It's not all about Auckland. And remember the days of
14:37
Speaker 2: Adrian Or where the Reserve Bank hiked the rate quick
14:40
Speaker 2: as a sherper up Mount Everest before nose diving it
14:43
Speaker 2: back down again. You can achieve the same outcome without
14:47
Speaker 2: risking overcooking things again, repeating the same mistakes. It's only
14:53
Speaker 2: six or so weeks till the next call. If they
14:56
Speaker 2: do need more, they can do more. There's no doubt
14:59
Speaker 2: we've had we've had a quarter two recovery blip, but
15:02
Speaker 2: we've had promising July manufacturing data. We've got improving services
15:08
Speaker 2: sector data out last week. All of that stuff is happening.
15:10
Speaker 2: All of that stuff is good and showing promise. The
15:14
Speaker 2: message is clear though. We're not walking back to Everest camp.
15:18
Speaker 2: We are walking back to Everest camp. Rather, we're not running.
15:21
Speaker 2: We're not in a hurry, we're not sprinting. And given
15:23
Speaker 2: the over and undercooking that went on under Or, that's
15:27
Speaker 2: probably the right speed. So I'm with the four in
15:30
Speaker 2: club twenty five with a caveat for now Brich twenty
15:36
Speaker 2: seven after five. Now, let's here from Christian Hooksby, who
15:39
Speaker 2: was at the press conference at the Reserve Bank yesterday.
15:43
Speaker 8: I mean, another key message for both households and businesses
15:46
Speaker 8: is that they can have confidence that inflation is going
15:49
Speaker 8: to remain low and stable into the future, and they
15:52
Speaker 8: should base their decisions on being in that environment.
15:57
Speaker 2: Yes, So then you go, there's Christian Hawksby he'll be
15:59
Speaker 2: on with Mike l on this morning twenty eight minutes
16:01
Speaker 2: after five, and Ryan Napier City Council Hastings and a
16:04
Speaker 2: couple of others says Blair don't even have the extra
16:08
Speaker 2: parking transaction fee, not to mention the two dollars an
16:12
Speaker 2: hour to park. Well, yeah, that'd be a dream, wouldn't it.
16:15
Speaker 2: I have still have no resolution. By the way, it's
16:18
Speaker 2: no resolution to my personal parking problems, which I know
16:21
Speaker 2: are not the most important thing in the world. But
16:24
Speaker 2: you get stung for it. You get a ticket outside
16:26
Speaker 2: parking outside your house, even though you've got a permit
16:29
Speaker 2: that they make you pay for and they know you've
16:31
Speaker 2: got And then the guys who walk around with the
16:34
Speaker 2: little machines they come along, and they meant to check
16:37
Speaker 2: first before they ticket your car. They should check and
16:39
Speaker 2: say does this person have a permit? And two times
16:45
Speaker 2: now in the last month they have given me a
16:47
Speaker 2: ticket even though I have a permit. And what you
16:49
Speaker 2: then have to do is write in and then you
16:51
Speaker 2: have to wait for them to reply to your letter
16:54
Speaker 2: and then you call them. You call Auckland Transport and
16:57
Speaker 2: they say we no longer have a phone. Number of
17:00
Speaker 2: months ago, you used to be able to be put
17:02
Speaker 2: through to the team who does this and complain and
17:05
Speaker 2: say you know this is obviously unfair or whatever. No,
17:09
Speaker 2: can't do that anymore. You cannot even speak to them.
17:12
Speaker 2: You can speak to a call center, but it's not
17:14
Speaker 2: the right one. They are in different parts of the
17:16
Speaker 2: building apparently. So there we go. Hey, Zesprey, I know
17:21
Speaker 2: we like talking about Zesprey. They've come out with the
17:24
Speaker 2: twenty five to twenty six season look ahead and it's
17:27
Speaker 2: pretty impressive. I'll get to that once we get back
17:30
Speaker 2: from News at five point thirty and Where to the
17:32
Speaker 2: States with Mitch McCann. Used Talk ZB, Views.
17:48
Speaker 1: And Views You Trust to start your day. It's early
17:51
Speaker 1: edition with Ryan Bridge and one roof Love, Where you Live,
17:56
Speaker 1: Us Talks EDB.
18:03
Speaker 9: Not on.
18:03
Speaker 2: You're on News Talks V twenty four away from sixth
18:05
Speaker 2: Great to have your company this morning. We'll get to
18:07
Speaker 2: our reporters around the country very shortly. Nikola willis on
18:10
Speaker 2: the OCR before six o'clock. Mitch McCann and the US
18:13
Speaker 2: on Ukraine. I like this text from you, Luke. We
18:16
Speaker 2: were just talking about all can transport and when they
18:19
Speaker 2: you know, when you get a fine that actually you
18:21
Speaker 2: should never have received, and then you spend half of
18:24
Speaker 2: your the rest of your life trying to get off it.
18:28
Speaker 2: Luke suggests, when I go back, when they come back
18:32
Speaker 2: to me and say, actually, you're right, we shouldn't have
18:34
Speaker 2: done this to you, then I go back to them
18:37
Speaker 2: with a bill. And then just for fun, given that
18:40
Speaker 2: they are adding fifty cents to every transaction when you
18:43
Speaker 2: use a parking machine, which is way more than Wellington's doing,
18:47
Speaker 2: and they're not reviewing it even though the government told
18:49
Speaker 2: them to, Luke suggests I go back and add an
18:52
Speaker 2: extra say three percent four percent to the bill, just
18:55
Speaker 2: as a transaction feed. Don't don't be too specific, just
18:58
Speaker 2: be a little bit spiteful, Luke. I like the way
19:01
Speaker 2: that you're thinking. This morning twenty three Away from Sex
19:04
Speaker 2: our reporters Callen Is and Dunedin First Clum, Good morning morning, right,
19:08
Speaker 2: what's the latest situation at the Milburn prison.
19:12
Speaker 10: Correction staff there have been working into the night rind
19:14
Speaker 10: to try and talk this inmate down from the roof
19:18
Speaker 10: of the Otago Corrections Facility unit. This is south of
19:20
Speaker 10: Dunedin at Millburn. The remand prisoner climbed up onto the
19:24
Speaker 10: roof of about a quarter to one yesterday afternoon. That
19:27
Speaker 10: prompted Corrections to deploy its specialist working at heights. Team
19:33
Speaker 10: Fire and Emergency have also been assisting the facility General
19:36
Speaker 10: Manager's Dave Miller. He says the prisoner has refused to comply,
19:39
Speaker 10: but there is no threat to the prison's security. He
19:42
Speaker 10: says staff have worked in extremely cold and difficult conditions
19:46
Speaker 10: and another update will be provided later this morning. Right,
19:49
Speaker 10: how's your weather fine? Chance for shower, westerlies and thirteen today.
19:54
Speaker 10: Cheers Callum clais and christ Church morning.
19:55
Speaker 2: Claire, good morning. So you had a chat yesterday the
19:58
Speaker 2: council about where to put national arabus memorial. Has there
20:01
Speaker 2: been a decision?
20:02
Speaker 11: Yes, there has been a decision and Christchurch City Councilors
20:05
Speaker 11: have agreed to offer up but two different options for
20:08
Speaker 11: an arabus memorial here. The first is Craycroft Reserve at Cashmere.
20:13
Speaker 11: The second is a spot on the bank of.
20:14
Speaker 12: The Avon River. Now, this is despite the majority of
20:18
Speaker 12: the families connected to the Arabis crash, hoping that it
20:21
Speaker 12: would be in Auckland. The Ministry for Culture and Heritage though,
20:24
Speaker 12: so they did look at Auckland locations and simply couldn't
20:28
Speaker 12: find somewhere suitable. Aviation historian Richard war says Christchurch is
20:33
Speaker 12: ultimately the gateway to Antarctica. He also says it's important
20:37
Speaker 12: we move quickly here because a lot of the victims'
20:39
Speaker 12: family members are now getting older, so there's a sense
20:42
Speaker 12: of pastoral urgency to get this done. Some councilors still
20:46
Speaker 12: remain concerned about a lack of buy and from families,
20:49
Speaker 12: so the mayor has invited them down to have a
20:50
Speaker 12: look for themselves and see what's being offered.
20:53
Speaker 2: All right, how's your weather, but cloudy.
20:55
Speaker 12: Some isolated showers clearing in the evening.
20:58
Speaker 2: Are high of eleven excellent in Wellington. Good morning, Mechs
21:02
Speaker 2: Good morning like lowerhart Mere, Campbell Berry He's won this
21:04
Speaker 2: missy legal bait battle.
21:06
Speaker 5: Yeah Campbell Barry has been engaged in Yeah, Messi is
21:10
Speaker 5: the right word. A property dispute that's involved his estranged
21:14
Speaker 5: mother in law, who had more recently even started supporting
21:18
Speaker 5: Barry's political rivals, which I assume really been driving a
21:22
Speaker 5: wedge in family dinners. This is about a Wainoya Matter
21:25
Speaker 5: property that they bought in twenty nineteen. The Barries, along
21:29
Speaker 5: with his wife's parents. The four intended to all live
21:33
Speaker 5: together on the property, share costs, etc. But when the
21:35
Speaker 5: parents themselves separated, the mother apparently stopped paying costs, refused
21:41
Speaker 5: to be bought out. Q grievances, allegations, court filings, different
21:45
Speaker 5: amounts in terms of cash deposits, who's entitled to exactly what? Should?
21:50
Speaker 5: Even started supporting it and linking herself with a political
21:54
Speaker 5: rival of Campbell Barry, a former counselor who had also
21:57
Speaker 5: taken him to court. Comments on Facebook messages YadA, YadA, YadA.
22:01
Speaker 5: A judge has now determined she's out in terms of
22:04
Speaker 5: the property and some quite critical comments about her as well.
22:07
Speaker 2: The mother.
22:08
Speaker 5: Barry, of course himself on his way out as mayor
22:11
Speaker 5: this year, we understand, hoping to possibly get a cushy
22:14
Speaker 5: job at the new regional water entity.
22:16
Speaker 2: A I was gonna ask what was his next move is?
22:19
Speaker 2: They're going to look at at Parliament. I see right.
22:23
Speaker 2: How's your weather?
22:25
Speaker 7: Yes?
22:25
Speaker 5: Perhaps a bit too early for central government. Early showers
22:28
Speaker 5: more strong SOUTHERLY'ST ten the high Central.
22:30
Speaker 2: Taks, Thanks Neva's and Auckland. Heyneva, good morning. Busy few
22:34
Speaker 2: months ahead at the Auckland International Convention Center.
22:37
Speaker 13: Yes, that convention center. I can tell you that it's
22:41
Speaker 13: going to hold its first event later this year. So
22:44
Speaker 13: Skycidy is expected to take the keys in October, and
22:48
Speaker 13: this will allow them to start putting in the furniture
22:50
Speaker 13: testing systems and they're even going to do practice catering runs.
22:55
Speaker 13: Future boss Andrew Reading says that there's lots of other
22:57
Speaker 13: stuff happening until then. He saying that the construction works
23:01
Speaker 13: there effectively complete. They've got acceptance testing, compliance processes well underway.
23:07
Speaker 13: And also two all eyes will be on this because
23:09
Speaker 13: sky City is going to release it's any results. That's
23:11
Speaker 13: happening about eight thirty this morning.
23:13
Speaker 2: There's a lot of hubbub around that one. Well, hubbabe.
23:16
Speaker 2: How's the weather today, fine morning, frost.
23:20
Speaker 13: Bit cool fourteen is the high urinal. Yes, the old
23:23
Speaker 13: Southeries are whipping in.
23:24
Speaker 2: They are, and there's no clod cover, so we're a
23:26
Speaker 2: bit freezy, bit nippy. Thanks Neiva. Nineteen minutes away from
23:29
Speaker 2: six News Talks, there'd be Mitch McCann next out of
23:31
Speaker 2: the US and Nikola willis live before six on the
23:34
Speaker 2: OCR News Talks there be. It is sixteen minutes away
23:37
Speaker 2: from six, Ryan, This is from Jake. Why don't they
23:40
Speaker 2: just simply leave that prisoner on the roof. You'll soon
23:42
Speaker 2: get hungry, he'll get bored, he'll get tired, and if
23:46
Speaker 2: this was in South America, of course they'd start shooting
23:48
Speaker 2: around him until he got off the roof. Well, we're
23:50
Speaker 2: not quite there, but I agree with you. Why we're
23:53
Speaker 2: sending a high team, the high assistance team who deal
23:57
Speaker 2: with people on roofs at prisons. Why bother doing that?
24:00
Speaker 2: Just leave him up there until he gets hungry or
24:03
Speaker 2: it rains. Six thing away from.
24:06
Speaker 1: Six International correspondence with Ends and Eye Insurance, Peace of
24:10
Speaker 1: Mind for New Zealand business.
24:12
Speaker 2: Pentagon is going to discuss the security guarantee for Ukraine.
24:15
Speaker 2: Mitch McCann is stateside for US. Mitch, what are they
24:18
Speaker 2: talking about?
24:19
Speaker 9: Yeah, good morning, Ryan. Well, look, officials in Washington are
24:22
Speaker 9: pretty positive. I think we can say after the meeting
24:24
Speaker 9: between Zelensky, European leaders and Donald Trump earlier this week.
24:28
Speaker 9: But that's right. Military chiefs from NATO's thirty two member
24:31
Speaker 9: countries are going to meet virtually with US officials at
24:34
Speaker 9: the Pentagon today to discuss security guarantees for Ukraine. What
24:38
Speaker 9: can this actually look like, because according to the Trump administration,
24:43
Speaker 9: Russia is open to security guarantees for Ukraine, but there
24:46
Speaker 9: are still plenty of questions on how that would actually work.
24:49
Speaker 9: Donald Trump said the US won't be putting troops on
24:52
Speaker 9: the ground. There are reports the UK doesn't want troops
24:56
Speaker 9: on the front line, So what does that mean for
24:58
Speaker 9: security guarantees. The other thing like keeping a close eye
25:01
Speaker 9: on after those talks in Monday is a meeting between
25:04
Speaker 9: Voladimir Lensky and Vladimir Putin. Now, this is what Donald
25:07
Speaker 9: Trump wants, this is what Zelenski wants, but it's something
25:11
Speaker 9: that really isn't exciting the Russians at the moment, it says, Well,
25:15
Speaker 9: it's been reported one of the deputy representatives to the
25:18
Speaker 9: UN told the BBC today that there's no reason for
25:22
Speaker 9: a meeting just for the sake of having a meeting.
25:25
Speaker 9: So we'll see if one actually happens in the coming weeks.
25:28
Speaker 2: All right, Mitch, thanks for that. Mitch McCann stateside for
25:30
Speaker 2: US this morning, just gone fourteen minutes away from six
25:34
Speaker 2: Bryan Bridge. So the OCI was cut twenty five, not
25:37
Speaker 2: fifty points to three percent yesterday. A split decision means
25:40
Speaker 2: two of the committee members wanted to go bigger and
25:42
Speaker 2: go harder at four in club twenty five. And this
25:46
Speaker 2: is the big news yesterday. Really they've signaled down to
25:48
Speaker 2: two and a half percent potentially by Christmas. We also
25:51
Speaker 2: found out inflation expected to get three percent for the
25:53
Speaker 2: September quarter. Nikola Willis, as the Finance Minister, joins me
25:57
Speaker 2: this morning, Good.
25:57
Speaker 6: Morning, good morning man.
26:00
Speaker 2: So they didn't cut both fifty a third of them
26:02
Speaker 2: think we needed to.
26:05
Speaker 7: Do.
26:05
Speaker 2: You are they doing the heavy lifting that you have
26:09
Speaker 2: said that they need to do.
26:11
Speaker 14: It's really important that monetary policy can stimulate the economy
26:16
Speaker 14: and that's what the Reserve Bank made a very clear
26:19
Speaker 14: decision to do tomorrow or ensure that interest rates can
26:23
Speaker 14: fall further so that people are paying less for their debts,
26:27
Speaker 14: so there's more money in people's pockets, so they can
26:29
Speaker 14: be more money circulating in the economy, generating activity, jobs, growth,
26:35
Speaker 14: all of the things we want to see.
26:37
Speaker 2: We have businesses going to the wall, we have people
26:39
Speaker 2: cutting back on groceries because they're so expensive. We know
26:43
Speaker 2: that we've had a faulded recovery in quarter two. Does
26:46
Speaker 2: this strengthen an argument for you to get involved and
26:49
Speaker 2: do a bit of stimulus.
26:52
Speaker 14: Well, we're veryware of all of those pressures which were
26:55
Speaker 14: exacerbated in the second three months of this year following
26:59
Speaker 14: the Trump tariffs. What the Reserve Bank, if you're clear
27:02
Speaker 14: about in their full statement which they released yesterday, is
27:06
Speaker 14: that the government, by controlling its own spending, is in
27:09
Speaker 14: pressure off inflation, allowing the Reserve Bank to deliver these
27:13
Speaker 14: interrast rate reductions. It's my view that in the absence
27:17
Speaker 14: of control government spending, it would be very difficult for
27:20
Speaker 14: the Reserve Bank to keep reducing interesst rates and that
27:23
Speaker 14: would be a real constraint on some sectors that I
27:25
Speaker 14: think we all are concerned about. You know, construction. Construction
27:29
Speaker 14: projects get over the line where interrast rates are low
27:32
Speaker 14: enough that people are prepared to take on the debt
27:34
Speaker 14: to finance those projects. So totally to the future, this
27:38
Speaker 14: is going to be now demand to the economy.
27:41
Speaker 2: You need demand. You need people who are actually out
27:43
Speaker 2: there going wanting to buy things, wanting to buy property,
27:46
Speaker 2: we just talked about fletchers on the show. I mean,
27:49
Speaker 2: so there's not just for the absence of doubt, you're
27:51
Speaker 2: ruling out any mid year mini sprinkle stimulus, even reprioritize
27:55
Speaker 2: money doesn't have to be new money.
27:57
Speaker 14: Oh, I'm absolutely not ruling that out. Will continue to
28:01
Speaker 14: be taking additional actions to stimulate activity in the economy.
28:05
Speaker 14: What I'm saying is that this is not a time
28:07
Speaker 14: that we will be continuing to drive up additional debt. Well,
28:11
Speaker 14: you've seen us continue to make announcements and deliver policy
28:15
Speaker 14: change more than that, and that will continue. That will continue, right,
28:20
Speaker 14: You will continue to see from the government actions which
28:23
Speaker 14: we believe will stimulate activity, will give people confidence to invest,
28:28
Speaker 14: will give people to take on your soon listen, will
28:33
Speaker 14: continue to see that.
28:34
Speaker 2: Okay, why are you rewarding tantrums?
28:40
Speaker 14: Whose tantrument are rewarded? That's not been my parenting approach.
28:43
Speaker 2: Well, that's I wouldn't have thought it was so the teachers.
28:47
Speaker 2: We had Judith Collins come out and say the teachers
28:50
Speaker 2: are throwing are wobbly throwing a tantrum? Yesterday Brian Roach
28:54
Speaker 2: says we're now reviewing our offer.
28:58
Speaker 14: Oh look, We've always said in order to get a
29:00
Speaker 14: deal over the line with the teachers, which I think
29:02
Speaker 14: everyone wants, they need to be at the bargaining table. Now,
29:06
Speaker 14: what happens at the bargaining table is you negotiate in
29:09
Speaker 14: good faith to get an outcome that can work for everyone.
29:12
Speaker 14: How disappointment the tent from which Judith Collins rightly referred
29:15
Speaker 14: to was the PPTA walking away from negotiations after only
29:20
Speaker 14: six days at the negotiating table.
29:21
Speaker 2: And look what against a very good go Look what
29:23
Speaker 2: it gives them a reviewed offer?
29:26
Speaker 14: Well, we have always been in a position that we
29:28
Speaker 14: want to negotiate. Now, if the PPTA want to play
29:31
Speaker 14: games and are more focused on their social media campaign
29:33
Speaker 14: than actually representing their workers sitting at the table to
29:37
Speaker 14: get a deal, that's on them, that's not on us.
29:40
Speaker 2: Where does the money come from the extra money? Because
29:43
Speaker 2: I think one point seven billion is what they were asking.
29:46
Speaker 2: Where do you have to borrow for that? Is that
29:48
Speaker 2: existing baselines? Is it reprioritize this reviewed offer? Where does
29:52
Speaker 2: that money come from? The extra money?
29:53
Speaker 14: Well, Ryan, I think you're making an assumption about what
29:56
Speaker 14: the components of the reviewed offer are and I wouldn't
29:58
Speaker 14: do that. But course, like every government before us, we
30:02
Speaker 14: have set an envelope for this negotiation that some is confidential,
30:07
Speaker 14: and we will be working within that envelope because, of course,
30:10
Speaker 14: I think people understand there are trade offs here. In
30:13
Speaker 14: this year's budget, we delivered a record package of learning
30:17
Speaker 14: support for children with additional needs that will support additional
30:20
Speaker 14: teacher aids, supports and classrooms.
30:22
Speaker 9: Well.
30:23
Speaker 14: As we actually blow the negotiating budget on the teachers,
30:26
Speaker 14: those things are going to be much much harder to
30:28
Speaker 14: fund now and into the future. So this is all
30:30
Speaker 14: about getting a deal that delivers for students, delivers for families,
30:34
Speaker 14: and yes, delivers for teachers who we value very much.
30:37
Speaker 2: As people are listening to this this morning, they're hopefully
30:39
Speaker 2: putting butter on their hosts. Many won't be. You have
30:42
Speaker 2: congratulated night and day for selling butter at six dollars fifty.
30:45
Speaker 2: That's apparently they're losing three bucks on every block. You've said,
30:50
Speaker 2: food stuffs and will worse have the same option, you'd
30:53
Speaker 2: encourage them to lower prices. I had food Stuffs on
30:55
Speaker 2: my Herald Now show on Monday. They said they are
30:58
Speaker 2: making a loss on the home brand butters that they
31:01
Speaker 2: sell for eight dollars twenty nine. Did you realize that.
31:05
Speaker 14: I listened to your show, Ryan, and this is the
31:08
Speaker 14: kind of commercial behavior that you want to see. I
31:11
Speaker 14: think all of us want to see retailers competing hard
31:14
Speaker 14: against each outboy, which sometimes involve for having one product
31:18
Speaker 14: or a whole range of products where they're selling below
31:20
Speaker 14: costs because they know that they will recruit some profits
31:23
Speaker 14: in other areas and other products that they are selling.
31:26
Speaker 14: And my point's always been the more competitive the market is,
31:29
Speaker 14: the more you've got night and days and other entities
31:31
Speaker 14: snapping at the heels of the big guys, more likely
31:34
Speaker 14: you are to get those sorts of offers. All I
31:37
Speaker 14: want is the best deal for Kiwi shoppers, and I
31:39
Speaker 14: continue to believe more competition will support that.
31:42
Speaker 2: All right, Nichola Willis appreciate your time this morning, the
31:44
Speaker 2: Finance Minister. It is eight minutes away from six News
31:48
Speaker 2: Talks EDB.
31:49
Speaker 1: The news you need this morning and the in depth
31:52
Speaker 1: analysis early edition with Ryan Bridge and One Route Love
31:56
Speaker 1: Where you Live News Talks EDB.
31:58
Speaker 2: It is a six six on News Talk said B
32:01
Speaker 2: and Auckland Transport. If you haven't caught up with the
32:03
Speaker 2: story Auckland Transport isn't budgeting on their fifty cent parking
32:06
Speaker 2: meter transaction fee. They say it's not a surcharge, even
32:09
Speaker 2: though the governments saying they shouldn't be doing things like this.
32:12
Speaker 2: Augen Transports saying, I don't care whatever do you park
32:15
Speaker 2: Mike in the city and pay this fifty cent fee?
32:18
Speaker 2: Because no, I don't go.
32:18
Speaker 15: I only go into the city once every three weeks
32:21
Speaker 15: for my haircut and so they do a lovely job.
32:24
Speaker 2: They do a very good job, don't they, And so
32:26
Speaker 2: I haven't got much to work with them. That's the
32:29
Speaker 2: that's the.
32:30
Speaker 15: Only time I go into the city. So I've got
32:32
Speaker 15: no idea. I just tap and go.
32:34
Speaker 2: Yeah, because you can't. You can only tap and go.
32:36
Speaker 2: This is what annoys me. You cannot use cash and
32:39
Speaker 2: you cannot use an f post card, so you've got
32:42
Speaker 2: no choice. You have to pay the fifty cents. Even
32:44
Speaker 2: in Wellington it's thirty cents, is it?
32:47
Speaker 15: Governdal sit on. I mean, you can't ban something and
32:49
Speaker 15: then somebody else goes well, we're not adhering to that.
32:52
Speaker 15: It's not how the rules work.
32:53
Speaker 2: Surely not they need to sit But the arrogance of it,
32:55
Speaker 2: though from mors.
32:56
Speaker 15: I mean Auckland. See, of all the things of Auckland,
32:59
Speaker 15: transport don't started a good place anyway, reputationally speaking. So
33:03
Speaker 15: so then anyway, we've got one of the people from
33:05
Speaker 15: that particular organization on today.
33:07
Speaker 2: Just very quickly.
33:07
Speaker 15: You're wrong by the one, the twenty five points. So
33:10
Speaker 15: I'm watching Hawksby yesterday. You can't believe a word Hawksby says,
33:13
Speaker 15: because on one hand, he goes, you can be reassured
33:16
Speaker 15: that inflation's under control. Can I well, last time you
33:18
Speaker 15: told me you weren't needing any more cuts because there
33:20
Speaker 15: was growth and there were shoots. Oh what, Sorry, I
33:23
Speaker 15: forgot to look at Q two which went backwards. We
33:25
Speaker 15: didn't see that coming.
33:26
Speaker 2: Yeah, but you can't see what hasn't happened.
33:29
Speaker 15: Yes, that's the whole purpose of the Reserve Bank. That's
33:32
Speaker 15: what they're supposed to do. They're supposed to go we
33:34
Speaker 15: see this unfolding. Hence here is our commentary for today.
33:38
Speaker 2: Tell me a reserve bank that saw Trump going as
33:40
Speaker 2: ballistic as he did on the narration.
33:42
Speaker 15: That's an excuse because yes, there'll be uncertainty in that
33:45
Speaker 15: period of time because people go, oh my god, what's
33:47
Speaker 15: he doing? But he's blaming everything on that, which isn't true.
33:51
Speaker 2: But remember on Hard and So we dropped, the markets
33:54
Speaker 2: dropped almost twenty percent. I mean, the world was freaking out.
34:00
Speaker 2: They would they did, look at the sentiment surveys. After that,
34:04
Speaker 2: you can get a job.
34:04
Speaker 15: On the Monetary Policy Committee.
34:06
Speaker 2: That's what I mean. Perhaps that's what I'm angling for.
34:09
Speaker 15: He's put his you notice he's put his CV in
34:11
Speaker 15: for the so anyway, he's with us after seven thirty.
34:14
Speaker 2: Brilliant. All right, we'll look forward to that. Mike Costing
34:17
Speaker 2: is with the next here on News Talk Set B.
34:19
Speaker 2: See you tomorrow, Look the Past, be the pastors Waivers.
34:27
Speaker 1: For more from earlier edition with Ryan Bridge, listen live
34:30
Speaker 1: to News Talk Set B from five am weekdays, or
34:33
Speaker 1: follow the podcast on iHeartRadio