Latest / Early Edition with Ryan Bridge / Full Show Podcast: 24 April 2026

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Full Show Podcast: 24 April 2026 · Early Edition with Ryan Bridge

0:00
Speaker 1: The issues, the interviews and the insight. Ryan Bridge on
0:05
Speaker 1: an early edition with Spunk for business Technology that keeps
0:08
Speaker 1: Business moving, Hues talks.
0:10
Speaker 2: They'd be good morning, Welcome to Friday. At six alf
0:12
Speaker 2: to five we'll go to Brad Olsen this morning. Treasury
0:15
Speaker 2: is throwing out the workings and starting again ahead of
0:18
Speaker 2: the budget. Vincent's in the UK. For us, it's a
0:21
Speaker 2: super super rugby weekend in christ Church. We'll talk about that,
0:24
Speaker 2: and Kate Eckland from Beef and Lamb joins us because Labor,
0:28
Speaker 2: finally after dragging their heels for weeks, is going to
0:31
Speaker 2: support the India FTA the agenda Friday twenty four. Faithful
0:36
Speaker 2: John Bolton, this is Trump's former national security advice that
0:39
Speaker 2: we've spoken to him on this show before, says Trump
0:41
Speaker 2: needs to up the pressure on the Strait and he
0:43
Speaker 2: has shoot to Kell Waters.
0:45
Speaker 3: I think if we try to get out of this
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Speaker 3: without having demonstrated military dominance of the straight of for moves,
0:52
Speaker 3: the Orian regime is going to use.
0:54
Speaker 2: This like a late switch.
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Speaker 3: They're going to turn the straight of form moves off
0:57
Speaker 3: and on when it suits them.
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Speaker 4: And if we weren't willing to use military force to
1:01
Speaker 4: open straight.
1:02
Speaker 5: Now, when are we ever going.
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Speaker 2: To be willing to use now? Who do you need
1:06
Speaker 2: to come rescue Ukraine? Who do you need to send
1:08
Speaker 2: a big strong message to Potin And who's potent going
1:11
Speaker 2: to listen to Prince Harry? Apparently no nation.
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Speaker 6: Benefits from the continued lost life whil Way seek. There
1:19
Speaker 6: is still a moment now to stop this war, to
1:23
Speaker 6: further to prevent further suffering from Ukrainians and Russians alike,
1:27
Speaker 6: and to choose a different course.
1:30
Speaker 2: Lease go to the US Warner Brothers Discovery shareholders. Big
1:33
Speaker 2: tick tick for the Paramount takeover.
1:35
Speaker 7: You were a shareholder of WBD you had to share
1:37
Speaker 7: is worth about eight dollars a share this time last year,
1:40
Speaker 7: Paramounts paying thirty one dollars per share. But this deal
1:43
Speaker 7: has been a source of intense controversy. Many entertainment industry
1:46
Speaker 7: veterans are warning against media consolidation, and many political activists
1:49
Speaker 7: are warning out about Paramounts close ties to President Trump.
1:53
Speaker 2: Now to the feet of World Cup. No chance you'll
1:59
Speaker 2: be hearing this national anthem that fop world Cup. This
2:02
Speaker 2: is despite a special envoy to Trump suggesting that Italy
2:06
Speaker 2: could be fast tracked and replace Iran at the tournament.
2:09
Speaker 2: Italy's Sports minister says, no, it's not going to happen.
2:12
Speaker 2: They didn't qualify. For those who are interested, Bryan Bridge,
2:16
Speaker 2: time is eight after five. Great to have your company
2:18
Speaker 2: this morning. Now I find this interesting what Andrew Little
2:21
Speaker 2: has said, because remember after the Auckland floods and it
2:23
Speaker 2: rained cats and dogs, actually been raining a little bit
2:26
Speaker 2: overnight here in Auckland, but being was raining cats and
2:30
Speaker 2: dogs at the Auckland Anniversary flood and then a bunch
2:32
Speaker 2: of homes were inundated, and a lot of them were
2:36
Speaker 2: yellow stiket or red stiket, and then it became who's
2:39
Speaker 2: going to pay for that? The bill ended up being
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Speaker 2: something like two billion dollars, massive sum of money, and
2:45
Speaker 2: the government and the council agreed to go fifty to
2:48
Speaker 2: fifty on it, and so they went half seas. And
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Speaker 2: Andrew Little has come out after their event in Wellington
2:54
Speaker 2: and said, actually Wellington's quite broke because we kind of
2:58
Speaker 2: screwed the poach with our speed and we might not
3:02
Speaker 2: be able to put any money into buying any of
3:05
Speaker 2: these homes, the flood stricken homes. So Auckland went fifty
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Speaker 2: to fifty Wellington, indicating little sort of suggesting they could
3:14
Speaker 2: turn to the government for support. Now, how do you
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Speaker 2: feel about that? And how many more storms are be goinging?
3:21
Speaker 2: If you look at what the insurance company said the
3:23
Speaker 2: other day, how many storms are we having? They reckon
3:26
Speaker 2: once every eight days. We're having a storm that results
3:29
Speaker 2: in claims for insurance. If this keeps happening, we'll go
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Speaker 2: bankrupt before the next one. So how is the government
3:38
Speaker 2: going to afford to pay for all of that? That's
3:40
Speaker 2: my question for you this morning, nine two ninety two.
3:42
Speaker 2: By the way, Jetstar, you know they've been cutting flights
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Speaker 2: and cutting roots because of the cost of jet fuel. Well,
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Speaker 2: it's the jet refining margins that are the real killer.
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Speaker 2: So February your jet refining margin was twenty US dollars
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Speaker 2: a barrel. The peak now US one hundred and twenty
3:58
Speaker 2: dollars a barrel. And because of that that they are
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Speaker 2: extending their cuts to domestic routes. That was a twelve
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Speaker 2: percent cut that they announced and would run through to
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Speaker 2: mid May, and are saying it's going to go through
4:07
Speaker 2: to the end of June. Bryan Bridge time is ten
4:11
Speaker 2: minutes after five on News Talk se b. We'll get
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Speaker 2: to the India FTA next.
4:17
Speaker 1: On your radio and online on Iheard Radio Belly Edition
4:21
Speaker 1: with Ryan Bridge and Spark for Business Technology that keeps
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Speaker 1: business moving News TALKSB five twelve.
4:28
Speaker 2: Great to have your company. Four point one four billion
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Speaker 2: dollars for March. This is how much locally issued credit
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Speaker 2: cards were billed for the month. Now, why are we
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Speaker 2: spending more? This is more evidence we're spending more, but
4:39
Speaker 2: probably not on the right things. It's just higher fuel
4:42
Speaker 2: costs and then related purchases which are probably inflated because
4:46
Speaker 2: of fuel costs. In any case, for the year to March,
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Speaker 2: it is up two point four percent and that is
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Speaker 2: the highest gain in twenty eight months. Ryan Bridge, Labor
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Speaker 2: finally giving the green light to the FTA. It'll be
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Speaker 2: signed next week. Exporters need to be where they say.
5:01
Speaker 2: This is Damian O'Connor. Potential clawbacks if the government doesn't
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Speaker 2: promote enough investment into India, which is something we've been
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Speaker 2: talking about for a while. Kate Aklan Beef and Lamb
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Speaker 2: joins us this morning. Kate get a, Well, Ryan, this
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Speaker 2: is on the government, isn't it. It's not you, It's
5:15
Speaker 2: not if business doesn't invest enough. It's if government doesn't
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Speaker 2: promote it enough.
5:20
Speaker 8: Look, that's our understanding.
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Speaker 9: So we can only take what government is telling us
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Speaker 9: that face value, and you're on the surface of it.
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Speaker 9: This is a really great thing for New Zealand. So
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Speaker 9: you know, as you say, it's on the government.
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Speaker 2: What about the demand over there for beef and lamb?
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Speaker 2: What are we looking at? What are your numbers telling you?
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Speaker 9: Well, obviously it's not a beef market, and the lamb
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Speaker 9: market is largely it largely doesn't exist at the moment
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Speaker 9: for New Zealand land because it's been unavailable or an
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Speaker 9: economic due to.
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Speaker 8: The thirty three percent tariff there. But we know that
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Speaker 8: there is a huge amount of sheep meat consumed in India.
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Speaker 8: Know that it's the past. China is the most populous
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Speaker 8: country in the world and it's it's projected to be
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Speaker 8: the third largest economy within five years. So well, the
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Speaker 8: real growing middle class. We're anticipating that demand will grow,
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Speaker 8: but it's certainly not going to be an overnight success story.
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Speaker 8: This will be about investing in the market and growing
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Speaker 8: the market.
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Speaker 2: Of course, it's not a beef market. Whoop. See hey,
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Speaker 2: it's early, it's really Kate it's really hey in terms
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Speaker 2: of the investment, then how realistic do you think that
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Speaker 2: number is that they've put in there.
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Speaker 9: Look, we would have to spend a bit of time
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Speaker 9: understanding that.
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Speaker 8: You know what we've been told of. It's an aspirational target.
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Speaker 9: We can only take that on face value.
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Speaker 2: Kate that COLN chairperson Beef and Land new zill and
6:44
Speaker 2: Good TV on the show this morning, Kate for fourteen
6:46
Speaker 2: minutes after five branch heay over in the UK. The
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Speaker 2: bio Bank this is it's not a compulsory government bank
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Speaker 2: of biological samples that you know you're getting your DNA
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Speaker 2: and stuff out of you, but it's a voluntary one.
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Speaker 2: Still they have half a million participants and the thing
7:05
Speaker 2: has been hacked and all the data is now for sale,
7:07
Speaker 2: well not all of the data, I'll tell you which bits,
7:09
Speaker 2: because if you have taken part in this and your
7:12
Speaker 2: name and information is in the bank, you'll be worried
7:14
Speaker 2: that it's now on a Chinese website for sale, for
7:17
Speaker 2: goodness sakes. And it's not just one or two or
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Speaker 2: three or four participants of this, it's all of them,
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Speaker 2: all five hundred thousand. So what didn't give the name
7:27
Speaker 2: the address the contact details, but it does say the age,
7:30
Speaker 2: the gender, the month and the year of birth, your
7:34
Speaker 2: socioeconomic status, your lifestyle habits and measures from your biological samples.
7:40
Speaker 2: Now all for sale in China. Quarter Past five News
7:43
Speaker 2: Talk ZEB to christ Church.
7:45
Speaker 1: Next News and Views you Trust to start your day.
7:50
Speaker 1: It's early edition with Ryan Bridge and Spark for business
7:54
Speaker 1: Technology that keeps Business Moving, US TALKSB.
7:57
Speaker 2: Five A teen News Talks B. This is the kind
7:59
Speaker 2: of stuff we're buying when there is a fuel fuel
8:03
Speaker 2: situation happening, a price bike in fuel. So Heartland put
8:07
Speaker 2: out some numbers yesterday along with their profit forecast, saying
8:10
Speaker 2: they're on track. But EV lending volumes in March were
8:14
Speaker 2: three times higher than the monthly average in the financial
8:17
Speaker 2: year to date, so people are going out to buy
8:19
Speaker 2: evs globally. It's lipstick. Lorel Cosmetics founder a company of course,
8:26
Speaker 2: very well known around the world. Best quarterly sales in
8:28
Speaker 2: two years. The lipstick effect is when things are a
8:32
Speaker 2: bit tough and people go out and splurge on small,
8:35
Speaker 2: little indulgences like lipstick. So sales revenue up three point
8:42
Speaker 2: six percent from the same period last year, best result
8:44
Speaker 2: in two years. Time is eighteen after five Bryan Bridge
8:47
Speaker 2: one in Zed Stadium. It's akaha kicking off with a
8:50
Speaker 2: super bang for ANZAC weekend. These Super Rugby Super Round
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Speaker 2: ten teams back to back games. Lee and Watson, chief
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Speaker 2: executive at Business Canterbury, joins me this morning, get Alien,
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Speaker 2: good morning, very exciting weekend head for you. How many
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Speaker 2: are you expecting? What sort of activity in the city.
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Speaker 10: Oh, look, it'll be certainly a full house at the stadium,
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Speaker 10: So twenty five thousand people will be flowing out of
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Speaker 10: that stadium after the very first game tonight, and that
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Speaker 10: is a moment that christ Church in Canary has been
9:17
Speaker 10: waiting for for a very long time. So it's a
9:19
Speaker 10: super exciting day. But of course it is also just
9:22
Speaker 10: the beginning for the city.
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Speaker 2: Yeah, because you've got six sixty in May, haven't you.
9:25
Speaker 2: You've got Robbie Williams coming later this year. Anything else
9:28
Speaker 2: that you want to announce to us this morning.
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Speaker 10: If I knew, maybe, but I don't. But look, I
9:36
Speaker 10: think you know, this is a really exciting time. You know,
9:39
Speaker 10: we know that the central city was largely sort of
9:42
Speaker 10: rebuilt and that was private sector. You know, we had
9:46
Speaker 10: businesses and private investors, you know, really commit early and
9:49
Speaker 10: get into the central city. And so this is real
9:51
Speaker 10: payback for those businesses now that the stadium is about
9:54
Speaker 10: to open and we will see not only our own
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Speaker 10: people from christ Church and Canary in the South Island coming,
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Speaker 10: but those from the north. Had tried to get a
10:00
Speaker 10: flight back from Willington last night, all of them were full.
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Speaker 10: It's a really great science that will bring people into
10:06
Speaker 10: the city and spending money locally, which is exactly what
10:08
Speaker 10: we want.
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Speaker 2: Leanne, Are you seeing businesses make decisions about where to
10:12
Speaker 2: locate themselves that sort of thing now that the stadium
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Speaker 2: is being.
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Speaker 10: Built, Oh, look definitely, But I mean that's been happening
10:20
Speaker 10: for years actually, which is good. And as I said before,
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Speaker 10: the private sector, you know, really lead the redevelopment of
10:25
Speaker 10: the Central city on the basis that we were going
10:28
Speaker 10: to have the stadium right in the heart of you
10:30
Speaker 10: know what is now our world class central city. So
10:33
Speaker 10: people are still making those decisions. You know, spoken to
10:36
Speaker 10: a number of businesses that have got themselves positioned pretty
10:38
Speaker 10: close to the stadium as well, and they'll no doubt
10:40
Speaker 10: be hosting clients before the game tonight. So it's a
10:45
Speaker 10: real draw card. It puts christ Church back on the
10:47
Speaker 10: world stage. It also bringing forces of course that you know,
10:50
Speaker 10: christ Church is now a new, modern, ambitious city full
10:54
Speaker 10: of opportunity, and that's great for our investors, scrapeful businesses
10:59
Speaker 10: who are looking to move here and also looking for
11:01
Speaker 10: people that are wanting to move into christ Shoot. I'm
11:04
Speaker 10: trying to It really is more than just a piece
11:06
Speaker 10: of infrastructure in the central city totally.
11:09
Speaker 2: It's sort of the icing on the cake, really, isn't
11:11
Speaker 2: it for In terms of your entertainment, Leanne, what about
11:14
Speaker 2: the hotel situation? Hotel and accommodation, have you got enough
11:17
Speaker 2: of it in christ Church. I've been trying to book
11:19
Speaker 2: tickets to stay. I've got it. I'm coming to the concert,
11:22
Speaker 2: but I have been trying to book a hotel and shit,
11:25
Speaker 2: things are a bit tight.
11:27
Speaker 10: Yeah, yeah, and look absolutely they are pretty tight. There's
11:30
Speaker 10: a positive situation to have. We've obviously got you know,
11:33
Speaker 10: the new Sheraton hotel being built at the moment that's
11:36
Speaker 10: imminent and so there is more bids coming, which I
11:40
Speaker 10: think we will definitely need. And that's a good sign
11:44
Speaker 10: that you know, we've got people who are wanting to come.
11:47
Speaker 10: We hope that we can make sure we've got different
11:49
Speaker 10: options of animal people, but I think that is definitely coming.
11:52
Speaker 2: Leanne Watson, Chief Executive Business Canterbury. Time is twenty two
11:56
Speaker 2: minutes after five. Did you ever been watched politics the
12:00
Speaker 2: last few days? I mean, I forgive you if you haven't,
12:03
Speaker 2: because it's just basically politicians running around calling each other names.
12:08
Speaker 2: We've had the butter chicken tsunami. Yesterday we had Nikola
12:12
Speaker 2: Willis was being criticized for her weight or lack thereof,
12:21
Speaker 2: and then we had the other day Chris Hipkins saying
12:24
Speaker 2: something about I mean, it's all just getting a bit
12:26
Speaker 2: silly and Wellington. Isn't it a little bit silly for
12:28
Speaker 2: my liking? But there you go, that's what they'll do.
12:32
Speaker 2: I suppose. I think what happens in Parliament is that
12:34
Speaker 2: when there is something serious going on, like you know,
12:37
Speaker 2: we had a leadership vote earlier in the week, and
12:40
Speaker 2: everybody's tense and nobody's sleeping and everyone's a bit stressed,
12:44
Speaker 2: and then there is almost like this collective sigh of
12:47
Speaker 2: relief when the moment has passed. And I think that's
12:49
Speaker 2: what's happening at the moment. Everybody's having a little a
12:52
Speaker 2: little relaxed, the guards down a little bit. Everyone's trying
12:54
Speaker 2: to have a little bit of fun, but at the
12:56
Speaker 2: same time lobbing a few grenades which clearly have upset
12:59
Speaker 2: some people. Hey, just coming back to the Warner Brothers shareholders.
13:03
Speaker 2: They've approved Paramount's takeover. Of course they would, so they
13:08
Speaker 2: get this is Paramount, Harry Potter, Game of Thrones, they
13:11
Speaker 2: get CNN if they want it while they're going to
13:14
Speaker 2: get it regardless. But the whole thing they might have
13:17
Speaker 2: ticked yes and ticked the box, but it still needs
13:20
Speaker 2: approval from Department of Justice, and it needs approval a
13:24
Speaker 2: tech from competition regulators is in Europe. Twenty three minutes
13:28
Speaker 2: after five.
13:29
Speaker 1: The early edition full show podcast on iHeartRadio Power by
13:33
Speaker 1: NEWSTALKSB News TALKSB.
13:36
Speaker 2: It is twenty five minutes after five on your Friday morning.
13:39
Speaker 2: I see act is buying a bit of a kite
13:41
Speaker 2: on free money for school kids, which sounds a bit
13:44
Speaker 2: odd because they have an aversion to giving free lunches.
13:47
Speaker 2: But here we are. Seymour's talking about giving each year
13:50
Speaker 2: eleven student that's your fifth formers, five hundred bucks each
13:54
Speaker 2: to invest. So the whole thing would cost about thirty
13:57
Speaker 2: million dollars a year could be funded. He has sit
14:00
Speaker 2: jested via the Keiwi Saver subsidy, and they'd be able
14:04
Speaker 2: to invest in a term deposit. So term one you
14:06
Speaker 2: go term deposit, Term till you go manage fund, and
14:08
Speaker 2: term three you go equities. It'd be a controlled fund,
14:12
Speaker 2: so they couldn't just go nuts or withdraw the money,
14:14
Speaker 2: but they might learn something. Trump's done a similar thing
14:17
Speaker 2: in the US, although they've had the help of private
14:20
Speaker 2: capital to fund this. This is a great way to
14:23
Speaker 2: get young people interested in investing and learning about investing.
14:26
Speaker 2: There's no doubt about that. But isn't there an inherent
14:29
Speaker 2: problem with this? Giving them free money doesn't teach them
14:33
Speaker 2: the value of earning it in the first place, the
14:35
Speaker 2: value of a dollar, which I would have thought was
14:37
Speaker 2: central to acts philosophy on life. I spoke to Fraser
14:41
Speaker 2: winner A a couple of months back now for a
14:43
Speaker 2: Mercury Boss, and he's got this idea for Kiwi Saver
14:47
Speaker 2: two point zero. He reckons we should overhaul Kiwi save
14:49
Speaker 2: it give every newborn Kiwi CAD five thousand dollars instead
14:54
Speaker 2: of giving adults the two hundred and fifty bucks or
14:56
Speaker 2: whatever it is that they currently get from the government,
14:59
Speaker 2: and key we save to subsidy, give it all to
15:03
Speaker 2: the kids. With compounding returns, that twenty five grand or
15:09
Speaker 2: that five grand, I should say, becomes about twenty by
15:11
Speaker 2: the time you're eighteen. The lesson is simple. Time in
15:14
Speaker 2: the stock market equals money in the bank. Whether it's
15:17
Speaker 2: acts or phrases approach probably depends on how you look
15:22
Speaker 2: at it and how you view the trade offs. But
15:24
Speaker 2: there's no doubt in my mind that they're both on
15:27
Speaker 2: the right path. We need to improve financial literacy, not
15:30
Speaker 2: just for the sake of Akie wee kids, but for
15:32
Speaker 2: the sake of the whole country. Really. Twenty seven after five,
15:36
Speaker 2: Ryan Bread said, be you know Tim Walls, speaking of
15:40
Speaker 2: financial literacy. They had a big fraud in Minnesota. They
15:43
Speaker 2: had a big fraud case. This was Kamala Harris's running mate.
15:46
Speaker 2: He's been asked about the big fraud case and is
15:49
Speaker 2: basically saying, oh, nothing to see here. Happens everywhere, and
15:52
Speaker 2: it's Donald Trump's fault. Anyway, it happens in other states.
15:55
Speaker 11: We were going back and many of these people are prosecuted.
15:57
Speaker 2: In twenty twenty one.
15:58
Speaker 11: He used it as an excuse because it was a
16:00
Speaker 11: perfect thing to do to say there was freud.
16:02
Speaker 8: Imagine that, you know, coming from this guy, he would
16:04
Speaker 8: know friud where it was at.
16:05
Speaker 2: So it's just no care, no responsibility going to the Pentagon.
16:09
Speaker 2: So you're seeing trumps come out and he's trying to
16:12
Speaker 2: do the end of civilization thing, the equivalent of that
16:16
Speaker 2: on the boats saying shoot to kill. The Pentagon has
16:19
Speaker 2: had to come out and hose down reports that it's
16:22
Speaker 2: going to take six months to d mind the straight
16:25
Speaker 2: of hor moos. Bunch of media outlets over the last
16:28
Speaker 2: twenty four hours have reported on these elite confidential briefings
16:33
Speaker 2: saying it would take six months to d mine it,
16:36
Speaker 2: and no major commercial shipping operators that want to go
16:39
Speaker 2: through there until the thing is d mined, and certainly
16:42
Speaker 2: no one's going to want to cover them in terms
16:44
Speaker 2: of insurance. Now they've come out and say, no, that's
16:47
Speaker 2: not true, that we couldn't let that happen, But it
16:49
Speaker 2: did take years to fully d mine after the Gulf
16:52
Speaker 2: War and the shipping routes in the Red Sea, after
16:56
Speaker 2: the Hooties that did their big attacks. Some of them
16:59
Speaker 2: are still not back to full traffic, so it's not
17:02
Speaker 2: completely outside the realms of possibility. To BP. I told
17:07
Speaker 2: you a couple of months ago that they have are
17:09
Speaker 2: getting a new chief executive and Meg O'Neill, who is
17:12
Speaker 2: American and the first outsider to come in and run
17:16
Speaker 2: the place in its one hundred and sixteen year history.
17:19
Speaker 2: And BP's obviously had a lot of trouble big oil
17:22
Speaker 2: company that went green then kind of went broke. Their
17:25
Speaker 2: share value dropped against those of their competitors, and they're
17:29
Speaker 2: trying to basically unfart and go big oil again. And
17:34
Speaker 2: their shareholders have come out overnight and said no half
17:38
Speaker 2: of them have voted against the company dropping their climate goals.
17:42
Speaker 2: But there you go, uphill battle for them. News Talks
17:45
Speaker 2: EDB to the UK.
17:46
Speaker 1: Next Ryan Bridge on early edition with Spark for business
17:52
Speaker 1: Technology that keeps business moving. US TALKSB.
18:02
Speaker 2: Twenty four away from six. News talks 'B it is
18:04
Speaker 2: your Friday morning. Treasuries rewriting their predictions ahead of the budget.
18:08
Speaker 2: We'll talk about that about before six this morning. Also,
18:10
Speaker 2: Vincent's in the UK for US reporters with you in
18:13
Speaker 2: just a second. I reckon that Winston Peters has made
18:16
Speaker 2: a bit of a mistake this week and coming at
18:19
Speaker 2: No one likes someone getting someone else getting involved in
18:22
Speaker 2: your business. You know, a National Party obviously had their woes,
18:25
Speaker 2: had their issues, and then in comes Winston with his
18:29
Speaker 2: something bad is going to happen, There'll be consequences for this,
18:32
Speaker 2: and then the next day goes and does all the
18:35
Speaker 2: media rounds. He was on my show on the Hereld,
18:37
Speaker 2: he was everywhere, It was everywhere, and I just wonder
18:41
Speaker 2: whether people might find that a little distasteful. Certainly we've
18:45
Speaker 2: had lots of texts about it this morning nine two
18:47
Speaker 2: nine two, the numbers of text from people saying now,
18:49
Speaker 2: I'm just not sure about that. Also, Graham very upset
18:53
Speaker 2: with the comments about Nicola Willis. Well, not just about
18:56
Speaker 2: Nichola Willis, but just the tone of Parliament in the
18:58
Speaker 2: last two days where everybody's sitting around calling each other names.
19:03
Speaker 2: Twenty three minutes away from six o'clock columns with us
19:05
Speaker 2: in toned and Morning Calum, Morning Ryan. So how needed
19:09
Speaker 2: is a new cancer imaging service in the Southern region
19:11
Speaker 2: right now? Yeah?
19:13
Speaker 12: Well, look, this is mess of a huge boost to
19:16
Speaker 12: certainly ease pressure on the other machines around the South Island.
19:19
Speaker 12: This is a new pet CT scanner that is now
19:22
Speaker 12: up and running in Dunedin and it's set to benefit
19:25
Speaker 12: thousands of patients across Otago and Southland. Let's remember this
19:29
Speaker 12: is the region's first scanner up and operating and it's
19:33
Speaker 12: set to ease pressure on christ Church's two machines, which
19:36
Speaker 12: are currently the ones serving the South Island. So the
19:39
Speaker 12: plan is here. With greater local access for Southerners. This
19:42
Speaker 12: will cut down the travel stress for those patients and
19:45
Speaker 12: also importantly speed up clinical decisions. Health New Zealand data
19:49
Speaker 12: shows just over half of MRI patients in the Southern
19:52
Speaker 12: region are being seen within the forty two day target.
19:56
Speaker 12: This service follows another recent boost RN with a new
19:58
Speaker 12: MRI scanner confirmed for Wanica brilliant.
20:01
Speaker 2: How's your weather, Callum, fine.
20:03
Speaker 12: Day today are partly cloudy westerlies and nineteen.
20:06
Speaker 2: Nice one clears and christ Church this morning clear, good morning. Now, look,
20:10
Speaker 2: I just before we get into this and talk about
20:12
Speaker 2: what's happening this weekend, I've just heard from Leanne at
20:15
Speaker 2: Business Canterbury that one of the food options available this
20:19
Speaker 2: weekend is a deep fried pie sandwich.
20:22
Speaker 3: I know, I don't even eat pies and I saw
20:25
Speaker 3: a photo of it yesterday and I have said to
20:27
Speaker 3: the team, I think I'll line up for that.
20:30
Speaker 2: Really does it look good? It sounds horrific to me.
20:32
Speaker 3: I'll send you a photo when I get off here,
20:34
Speaker 3: I promise.
20:35
Speaker 2: All right, So you be excited about this weekend day.
20:38
Speaker 3: Oh so excited.
20:39
Speaker 13: But it's so funny.
20:39
Speaker 3: I feel like we've talked about nothing but takaha to
20:41
Speaker 3: you on here for months, but it would be so
20:43
Speaker 3: remissive me not to mention it again today. It really
20:46
Speaker 3: is the landmark moment for the Garden City. And the
20:49
Speaker 3: cool thing about it is that most people, I think
20:51
Speaker 3: outside of christ Church, or a lot of people outside
20:53
Speaker 3: of christ Church might say things like, you know, it's
20:55
Speaker 3: just a rugby stadium, it's just a rugby field whatever.
20:58
Speaker 3: In christ Church, we know it is so much more
21:00
Speaker 3: than a stadium. This six hundred and eighty three million
21:02
Speaker 3: dollar venue launches officially tonight. We have thousands expected there.
21:06
Speaker 3: As you heard from Leanne. This has been fifteen years
21:09
Speaker 3: in the making and it's really special for lots of people,
21:11
Speaker 3: for all of the residents. But one person we've chased
21:14
Speaker 3: up is the city council project director Kent Summerfield. He's
21:17
Speaker 3: the guy who was in the hard hat, who showed
21:18
Speaker 3: us through the stadium in the early days, who walked
21:21
Speaker 3: through the muddy ground and those very very very very
21:23
Speaker 3: first stages.
21:24
Speaker 13: He says that.
21:25
Speaker 3: It's quite bittersweet tonight to hand over what has become
21:28
Speaker 3: his baby after so much time and effort. We also have,
21:32
Speaker 3: of course, the economic push that comes with it, the
21:35
Speaker 3: likes of Christia gen Z have, you know, influences in
21:37
Speaker 3: town and people from Australia here to take a look
21:39
Speaker 3: at it. They say that this weekend's going to inject
21:41
Speaker 3: six million dollars into visitors spending and will attract thirteen
21:45
Speaker 3: thousand people from outside of town. So very much a
21:48
Speaker 3: sense of excitement in the Garden City, and you'll hear
21:51
Speaker 3: a lot more of it throughout today.
21:52
Speaker 2: Brilliant Claire. How's the weather looking, importantly.
21:55
Speaker 3: Well, it won't matter because we've got a roof on
21:57
Speaker 3: our stadium. Bar said, it is mainly fine today. Some
21:59
Speaker 3: live wins in a high seventeen.
22:01
Speaker 2: They appreciate you. Thank you. Tobias is with us from Wellington.
22:05
Speaker 2: Good morning, Good morning Ryan. The Mayor Relief Fund being
22:08
Speaker 2: set up for the flood damage.
22:10
Speaker 5: Yeah, so the Wellington City Mission believes it's going to
22:13
Speaker 5: take what months for the city to recover from the
22:17
Speaker 5: record breaking seventy seven miller liter dumping which caused widespread
22:21
Speaker 5: damage here in the city on Monday. I spent two
22:24
Speaker 5: days out in about in the hardest hits areas and
22:27
Speaker 5: it is pretty intense. Some homes completely gutted and slips
22:31
Speaker 5: still blocking roads. Wellington's Mayor Andrew Little actually says the
22:35
Speaker 5: destruction could cost the city upwards of the hundreds of
22:38
Speaker 5: millions of dollars are one hundred thousand dollars has now
22:42
Speaker 5: been put towards this fund, which will be given directly
22:44
Speaker 5: to those who need it. And consider donating any household
22:48
Speaker 5: items you have as well, so your pots, pans, couches.
22:51
Speaker 5: Mission and murray Edridge says around forty families have lost
22:55
Speaker 5: their homes so far, and he expects that number to
22:57
Speaker 5: actually still increase as your weather to best well in
23:02
Speaker 5: a complete reversal. It's fine today early morning, frost before
23:05
Speaker 5: the sun comes out and should stay out fifteen the
23:08
Speaker 5: high here in Wellington.
23:09
Speaker 2: So I'm thank you Nevas, good morning morning.
23:12
Speaker 13: I have to bring this up. So five am just
23:16
Speaker 13: in case some of the listeners are just tuning in
23:17
Speaker 13: and they missed the five am news. So I started
23:20
Speaker 13: reading the five am news, you know seriously, and the
23:24
Speaker 13: first story obviously, Donald Trump was all about around giving
23:28
Speaker 13: our listeners the latest. And while I'm reading this live
23:31
Speaker 13: on air, Ryan Bridge in the background is doing his
23:34
Speaker 13: warm up voice exercises. So it sounds like this he
23:44
Speaker 13: didn't realize that he hit his microphone on or I
23:46
Speaker 13: think there was a technical issue. It wasn't your fault.
23:48
Speaker 13: Something happened. I'll blame Glen. He left something on. So
23:51
Speaker 13: this was going on behind the scenes while I was
23:54
Speaker 13: saying I did run blah blah blah. But I must say,
24:00
Speaker 13: you are very diligent. It was the best thing of
24:02
Speaker 13: every heard because I have I take some students well
24:05
Speaker 13: for news reading trading, and I always say to them.
24:08
Speaker 2: You've got a warm it up.
24:08
Speaker 13: You've got a warm it up.
24:09
Speaker 14: Man.
24:10
Speaker 2: It's your it's your organ. You've got to use it.
24:13
Speaker 2: But I do do you do? Red leather, yellow leather,
24:15
Speaker 2: red leather, yellow leather, red yellow.
24:18
Speaker 13: It's three fifteen at home, I have my coffee. I
24:21
Speaker 13: sing everyone a Houston, leave the chill, ralf you thank.
24:27
Speaker 2: God, you only sing in private. Everyone's texting him to
24:30
Speaker 2: say they heard it earlier as well.
24:32
Speaker 13: Yeah, because I was just going to ask, can I
24:33
Speaker 13: have permission because I'm going to download that. I'm going
24:35
Speaker 13: to take that clip. Yeah, and I'm going to give
24:37
Speaker 13: it to the students, you know, to say this is
24:40
Speaker 13: what you should be doing.
24:41
Speaker 2: Turn it into a learning neither.
24:43
Speaker 13: YEA, that's right.
24:44
Speaker 2: Do you know I've had a shocker of the morning.
24:46
Speaker 2: I asked beef and lamb Musiald. I had them on
24:48
Speaker 2: about the ETA. I said, you're going to say much
24:50
Speaker 2: beef and lamb in India? She said, well, obviously not beef.
24:55
Speaker 2: Talking to clear about the super Rugby. How's the weather
25:00
Speaker 2: a going?
25:00
Speaker 14: If?
25:00
Speaker 2: She said, doesn't matter, there's a roof on the stage.
25:04
Speaker 13: I'm going to chat with Mike hosking. What are you
25:07
Speaker 13: going to say to her? Men are YEA, yeah, Hey,
25:12
Speaker 13: well this rain sometimes heavy, possible thunderstorms, downpours and altho
25:17
Speaker 13: funger poa but who kis really a high sixteen.
25:22
Speaker 2: TOXV? It is seventeen to six. We're live to the.
25:25
Speaker 1: Buchanics International Correspondence with ins and Eye Insurance Peace of
25:30
Speaker 1: Mind for New Zealand business holding to six.
25:33
Speaker 2: He's talks to b Donald Trump threatening to shoot boats,
25:36
Speaker 2: shoot to kill, he sees laying minds in the straight
25:38
Speaker 2: of horror movements in Macavini are UK europe correspondent with
25:41
Speaker 2: US livenents and what's the lightest on this?
25:44
Speaker 15: Well, this afternoon there has been forces, US forces taking
25:48
Speaker 15: basically control of an Iranian vessel in the Indian Ocean
25:53
Speaker 15: that was carrying oil. And that came as Donald Trump
25:56
Speaker 15: put out these social media posts saying that the country
25:59
Speaker 15: had total control over the Strait of Homers and that
26:02
Speaker 15: it will shoot to kill any boats laying mines there. Now,
26:05
Speaker 15: of course there's in the backgrounds of you know, there
26:08
Speaker 15: is a ceasefire that is supposedly in place. Talks are
26:12
Speaker 15: stalled though, and we haven't seen jade Van's boarding a
26:14
Speaker 15: plane to go to Pakistan today. So it really is
26:17
Speaker 15: at the sort of whims and temperament of Donald Trump
26:19
Speaker 15: at the moment as to what will happen next.
26:22
Speaker 2: What about Prince Harry and his trip to Kiev? What
26:24
Speaker 2: are we hoping to achieve out of this? Do we think?
26:28
Speaker 15: Well, Prince Harry made us unannounced visits to Kiev to
26:31
Speaker 15: try to focus international attention given the way it has
26:34
Speaker 15: slipped down the news agenda with the conflict in Iran. Now,
26:39
Speaker 15: what he's going to be doing there is meeting some
26:40
Speaker 15: of the injured soldiers. He obviously has his Invictus Games
26:43
Speaker 15: and that foundation which does a lot of work with
26:45
Speaker 15: injured service personnel to sort of help them both mentally
26:49
Speaker 15: and physically. He'll be visiting the work of the Halo Trust,
26:52
Speaker 15: an organization that goes back to his mother's who they've
26:55
Speaker 15: cleared land mines, and he'll be seeing that. But he
26:58
Speaker 15: has also given a speech in you calling for both
27:02
Speaker 15: Presidents Putin and President Trump to act now. He is
27:07
Speaker 15: saying that for Putin, you know, there is little gained,
27:10
Speaker 15: There is a lot more that Russia could lose. Now
27:12
Speaker 15: is the time to stop this war. He's also saying
27:14
Speaker 15: to Donald Trump, although he's not naming Donald Trump, he's
27:17
Speaker 15: just saying US leadership is so important, reminding the country
27:20
Speaker 15: that it has a singular role because it was the
27:23
Speaker 15: one that got Ukraine to agree to give up its
27:25
Speaker 15: nuclear weapons for a security guarantee. So he's calling on
27:29
Speaker 15: both sides to focus minds. Of course, there's been you know,
27:32
Speaker 15: no real progress made this year in terms of trying
27:35
Speaker 15: to resolve that conflict too.
27:37
Speaker 2: Vincent mcavanni are UK europe correspondent. Thanks for your time
27:40
Speaker 2: this morning and your updated is twelve minutes away from six.
27:44
Speaker 2: Treasury is ripping up and starting again. This is the
27:46
Speaker 2: forecast the head of the budget with five weeks out.
27:48
Speaker 2: The war is a moving face. That's why comes after
27:51
Speaker 2: Moodies yesterday put us on niggative outlook from stable. He
27:54
Speaker 2: is the finance minister.
27:56
Speaker 4: I am very conscious that many New Zealanders would like
27:59
Speaker 4: to say are splashing the cash right now, and I
28:02
Speaker 4: would love to ease the pressure that many people are feeling.
28:05
Speaker 4: We simply can't do that responsibly as a country right now,
28:09
Speaker 4: because we cannot just keep spending more and borrowing more,
28:13
Speaker 4: as some have suggested.
28:14
Speaker 2: Brad Olson Informetric's principal economis with us this morning. Brad,
28:17
Speaker 2: good morning, good morning. What of the three scenarios that
28:21
Speaker 2: Nicola will has presented yesterday, I mean she seemed to
28:23
Speaker 2: think that the least bad was the most likely. Do
28:26
Speaker 2: you think she'll be right.
28:28
Speaker 14: At the moment, Yes, But that's a pretty big caveat
28:31
Speaker 14: given that you know, we continue to see things Wax
28:34
Speaker 14: and Wayne overseas. That scenario won that best case scenario,
28:38
Speaker 14: and it's still not a particularly good case, to be clear.
28:42
Speaker 14: That was sort of based on the expectation that crude
28:44
Speaker 14: oil prices would be around one hundred and ten US
28:48
Speaker 14: a barrel, and that's sort of a little bit higher
28:50
Speaker 14: than where they are at the moment and have been
28:52
Speaker 14: over the last week. So that's why it seems sort
28:54
Speaker 14: of more sensible to look at that one. The other
28:57
Speaker 14: two scenarios were looking at the likes of than thirty
29:00
Speaker 14: five dollars a barrel for an extended period of time,
29:03
Speaker 14: and then scenario three, the sort of worst case expectation
29:07
Speaker 14: was US one hundred and eighty a barrel and lasting
29:10
Speaker 14: for a couple of years. So I mean, certainly that
29:13
Speaker 14: worst cases is extremely unlikely at the moment, But for
29:17
Speaker 14: the Treasury to reopen their full cast so close to
29:19
Speaker 14: budget time really does show just how uncertain things are
29:23
Speaker 14: for the government and how much they're trying to understand
29:26
Speaker 14: not only what the fiscal impacts will be in terms
29:29
Speaker 14: of what they will have to do as a government,
29:31
Speaker 14: but also what the wider impacts will be on the
29:33
Speaker 14: wider economy and what support they might need to provide
29:35
Speaker 14: or just how they interact in that mix, given everything
29:39
Speaker 14: is so up and down and moving so much day
29:41
Speaker 14: to day.
29:42
Speaker 2: Given the fact you don't know what's going to happen tomorrow,
29:44
Speaker 2: very hard to know. You know the projections how much
29:47
Speaker 2: revenue you're going to get as a government, right, Does
29:48
Speaker 2: that mean that they take a more cautious approach with spending,
29:51
Speaker 2: or more cautious than they otherwise would have.
29:55
Speaker 14: I think they do try and retain as much of
29:57
Speaker 14: a cautious approach as possible, particularly given you've had a
30:00
Speaker 14: second ratings agency that's come through and put them on
30:03
Speaker 14: a negative outlook. Clearly, things even before the war came
30:08
Speaker 14: through were difficult from a government finances point of view.
30:11
Speaker 14: It was still going to be the end of the
30:13
Speaker 14: decade before we saw a surplus, and that would mean
30:15
Speaker 14: that the government was again spending more than it was
30:18
Speaker 14: earning each and every year. You did not look at current conditions,
30:22
Speaker 14: government's probably going to be spending more because everything is
30:24
Speaker 14: going to be costing them more, But like you say,
30:27
Speaker 14: they're going to be making less revenue. So it makes
30:29
Speaker 14: the whole sort of fiscal position a whole lot more difficult.
30:32
Speaker 14: So yes, I think they do have to remain conservative.
30:34
Speaker 14: And importantly, there's this question that keeps coming up around
30:38
Speaker 14: should there could there be more government support? And one
30:40
Speaker 14: of the challenges is, given we don't know how long
30:43
Speaker 14: this current crisis lasts, do you lock in support for
30:46
Speaker 14: what you think might be a couple of months but
30:48
Speaker 14: could turn into an entire year, because.
30:50
Speaker 2: That could be a very big.
30:51
Speaker 14: Drawdown on limited government funds. And also what sort of
30:55
Speaker 14: support are you providing, because we know that looking at
30:58
Speaker 14: the likes of Australia where they've provided some support at
31:00
Speaker 14: huge cost two point five billion dollars on our lower xys.
31:04
Speaker 14: That's at the same time as they don't have enough fuel,
31:06
Speaker 14: but effectively all else being equal to some surizing fuel,
31:10
Speaker 14: like we just don't have that sort of one money
31:13
Speaker 14: in the bank or two. There's not a lot of
31:15
Speaker 14: great ways you can support the economy when it's already
31:18
Speaker 14: constrained at the minute.
31:19
Speaker 2: But that's before you talk about their loans free loans
31:22
Speaker 2: for businesses, interest free loans for businesses. Brad, Thank you,
31:25
Speaker 2: Brad Olson Informetrics principal economists with us this morning. It
31:28
Speaker 2: is eight minutes away from six News Talks HEADB.
31:31
Speaker 1: The news you need this morning and the in depth
31:34
Speaker 1: analysis earlier edition with Ryan Bridge and Spark for Business
31:39
Speaker 1: Technology that keeps Business Moving News.
31:41
Speaker 2: Talks EDB, This Talks d B. It is six minutes
31:43
Speaker 2: away from six and Mike is in the studio with us. Morning. Mike,
31:47
Speaker 2: Hey you Ryan plans for the weekend? Got any gardening?
31:51
Speaker 2: What are we doing?
31:52
Speaker 11: We don't do gardener. We've had a lot of Do
31:55
Speaker 11: you remember the story I told you about my electricity?
31:57
Speaker 2: Yes, I've actually been meaning to ask you about that
31:59
Speaker 2: because you don't care.
32:02
Speaker 11: But that's okay, you got time to fill so anyway,
32:04
Speaker 11: the point being, it's finally come to a conclusion, okay.
32:08
Speaker 2: And the thick thing is you never actually told us
32:10
Speaker 2: what specifically what the issue was.
32:12
Speaker 11: Only because it's so complicated you'd fall asleep board witness.
32:17
Speaker 11: But it was major anyway, it was like, and I
32:19
Speaker 11: have sympathy for people in charge of the CRL and
32:22
Speaker 11: major infrastructure in this country because for me, this is
32:24
Speaker 11: a spar issue that this has been a major infrastructure
32:27
Speaker 11: issue for me, and so like all things, it's over
32:30
Speaker 11: budget and behind time.
32:31
Speaker 2: Actually, yeah, and so you can't control your costs better
32:34
Speaker 2: than any government agency.
32:35
Speaker 11: No, I can't. But do you know what my problem is,
32:39
Speaker 11: I'm too nice a guy because I got noted. I
32:42
Speaker 11: don't look like that. So anyway, first thing.
32:44
Speaker 2: We got a quote. Everyone's scoffing at home.
32:46
Speaker 11: First thing we got a quote, and that was fine.
32:48
Speaker 11: And then the maybe day one, day two. And this
32:51
Speaker 11: is not to speak ill of the contractor, because he's
32:53
Speaker 11: a lovely guy. And this is my problem, because.
32:55
Speaker 2: Everyone's a lovely guy. I love them. Is it because
32:57
Speaker 2: you don't want them to think you're a bad person.
33:00
Speaker 11: I can hear less about that. I just want people
33:02
Speaker 11: to do work and get stuff done. It's any rate
33:05
Speaker 11: rings up. The first thing he does, he goes, oh,
33:08
Speaker 11: it's going to be a few thousand more than I thought.
33:10
Speaker 11: Just like that, it's going to be a few thousand
33:11
Speaker 11: more than I thought. There was already tens of thousands
33:13
Speaker 11: to start. What shoot, Oh, yes, it's a huge job.
33:16
Speaker 11: I'm talking it's made to infrastructure.
33:18
Speaker 2: But I now need to know what it is.
33:20
Speaker 11: I can't explain, it's too complicated. The point is the
33:23
Speaker 11: gardener rang up the other day and said, have you
33:26
Speaker 11: seen the size of the trench? And fortunately I had,
33:30
Speaker 11: so I said, that's a big trench, isn't it. Anyway,
33:32
Speaker 11: we ended up with about three or four truckloads of
33:35
Speaker 11: soider leftover. Now that was going to cost us hundreds
33:37
Speaker 11: more to move the sore. So I said to the gardener,
33:39
Speaker 11: can you just pop it down there and make a bund?
33:41
Speaker 2: But the least stuff. I've got some stuff.
33:44
Speaker 11: But the problem is the land's too wet at the
33:46
Speaker 11: moment to get the digger across the landage, and.
33:48
Speaker 2: You just don't want to rip up your grass. I
33:50
Speaker 2: don't want to rip up your grass.
33:51
Speaker 11: And so now I'm paying hundreds more to ship the soil,
33:53
Speaker 11: good soil off the property.
33:55
Speaker 5: What a mess?
33:56
Speaker 2: What a mess anyway, that's why it still sounds like
34:00
Speaker 2: fabulous weekend.
34:01
Speaker 11: Anyway, I'm going to repair all of that this weekend
34:03
Speaker 11: to answer your question.
34:04
Speaker 2: Excellent. Well you enjoy and have a good show for
34:07
Speaker 2: your Friday. See you next Tuesday. Everybody, enjoy your long
34:10
Speaker 2: hands that weekend.
34:18
Speaker 1: For more from Early Edition with Ryan Bridge, listen live
34:21
Speaker 1: to News Talks it Be from five am weekdays, or
34:24
Speaker 1: follow the podcast on iHeartRadio.