Latest / Early Edition with Ryan Bridge / Full Show Podcast: 15 July 2026
Transcript
- 0:00Speaker 1: The issues, the interviews and the insight. Ryan Bridge on
- 0:05Speaker 1: early edition with Spark for business technology that keeps business
- 0:09Speaker 1: moving news talks.
- 0:10Speaker 2: They'd be good morning.
- 0:11Speaker 3: Six halfand five. Great to have your company Wall Street
- 0:14Speaker 3: bank profits are hitting new records this morning. I've got
- 0:16Speaker 3: numbers for you. IBM share prices and free full oil
- 0:20Speaker 3: is up at home act as a new candidate. Gavin's
- 0:23Speaker 3: in the UK for US and farmers are wanting to
- 0:25Speaker 3: bankers the agenda. So the fifteenth of fly Trump's already
- 0:30Speaker 3: backing down on this twenty percent toll tariff in the
- 0:33Speaker 3: straight of hor moves.
- 0:35Speaker 4: So I put it out yesterday. Thought it was good.
- 0:38Speaker 4: I was told by different people different countries, and they said,
- 0:41Speaker 4: we'd love to.
- 0:41Speaker 2: Do it a different way.
- 0:42Speaker 4: We'd love to invest in the United States with billions
- 0:46Speaker 4: and billions of dollars as opposed to higing fee.
- 0:49Speaker 2: And that was very satisfactory.
- 0:51Speaker 3: Okay, he's got a Racks PM at the White House
- 0:53Speaker 3: at the moment.
- 0:54Speaker 4: The relationship is a whole big relationship where we don't
- 0:56Speaker 4: need the military there. We're there to help them, we're
- 0:59Speaker 4: there to protect that we've need be but we don't
- 1:02Speaker 4: think that's going to be necessary.
- 1:03Speaker 2: Iran was a big burden on Iraq.
- 1:06Speaker 4: Because they were the vully of the Middle East, says
- 1:09Speaker 4: you know, and we were just talking about that. But
- 1:13Speaker 4: they're not going to have that problem anymore because Iran
- 1:16Speaker 4: has been very much destabilized.
- 1:19Speaker 3: Now, all you really need to know is that he
- 1:22Speaker 3: has told Trump that, as Trump told Congress will continue
- 1:25Speaker 3: with the military action against Iran for another sixty days.
- 1:28Speaker 3: So back up right in the UK Counterterror Police there
- 1:31Speaker 3: in charge of this Anne whittakumb investigation now into her
- 1:35Speaker 3: alleged murder. They say this morning she was quote targeted.
- 1:40Speaker 5: We're still working to understand the extent of any planning
- 1:43Speaker 5: or preparation and the motivation that sits behind that attack.
- 1:48Speaker 5: The suspect can now be held for questioning for up
- 1:51Speaker 5: to seven days under the Terrorism Act. He remains under
- 1:55Speaker 5: arrest on suspicion of commission, preparation or instagratation of acts
- 2:01Speaker 5: of terrorism.
- 2:02Speaker 3: Back to COVID for a second, but staying in the UK.
- 2:04Speaker 3: Turns out we weren't the only ones who stuffed up
- 2:06Speaker 3: the Ppe. You know, the mass and the protective gear
- 2:09Speaker 3: for the doctors and the nurses, and the UK twenty
- 2:12Speaker 3: three billion new Zealand dollars this COVID inquiry. That's how
- 2:16Speaker 3: much was wasted.
- 2:18Speaker 6: These figures demand a fundamental change and how the UK
- 2:22Speaker 6: prepares for emergency procurement. Hard ministers and officials being better
- 2:26Speaker 6: equipped with appropriate plans, information and systems, procurement decisions would
- 2:31Speaker 6: have been easier, fairer and far less costly.
- 2:36Speaker 2: Ryan Bridge on early edition with Spark for.
- 2:39Speaker 1: Business Technology that keeps business moving us Dog ZB.
- 2:43Speaker 3: Nine two nine tours. The numbers text always love hearing
- 2:46Speaker 3: from you. Just gone nine minutes after five. So we
- 2:48Speaker 3: had the survey out from businesses yesterday. This is the
- 2:51Speaker 3: Nzier Survey Dune quarter. A net twelve percent of firms
- 2:56Speaker 3: expect improvement in the coming year. So people are feeling
- 2:58Speaker 3: better than certainly better than they were in Court one
- 3:01Speaker 3: of this year when it was a net one percent
- 3:03Speaker 3: of firms who were feeling cherry looking up into the
- 3:07Speaker 3: months ahead. So that's a good thing. The fuel price
- 3:10Speaker 3: easing that helped them along. And this is if you're
- 3:13Speaker 3: not familiar with the survey. It is the longest running one,
- 3:16Speaker 3: so it's one you pay attention to. Ten thousand businesses
- 3:19Speaker 3: get surveyed every quarter. Now these surveys went out and
- 3:23Speaker 3: came back between June tenh and July seven, So some
- 3:27Speaker 3: of them were pre Trump signing the MoU with Iran,
- 3:31Speaker 3: which is now not worth the papers written on, but
- 3:35Speaker 3: pre that still quite negative. The survey responses that came back,
- 3:40Speaker 3: because there were two batches, one came back before the
- 3:43Speaker 3: MoU was signed Trump and Iran, and one batch came
- 3:47Speaker 3: back after. The ones that came back before negative, the
- 3:51Speaker 3: ones that came back after markedly more positive. So added together,
- 3:55Speaker 3: you get a net twelve percent feeling good. However, given
- 3:59Speaker 3: where we are now, you have to wonder how positive
- 4:01Speaker 3: those people who have said they were feeling positive, whether
- 4:03Speaker 3: they're still feeling positive this morning. By the way, net
- 4:07Speaker 3: three percent of firms planning to cut investments. This is buildings, plants,
- 4:11Speaker 3: and machinery over the next year, which is not a
- 4:13Speaker 3: great thing, is it. However, like the tariffs, you know,
- 4:17Speaker 3: the tariffs came along and I've said this before, but
- 4:19Speaker 3: the tariffs came along last Every year Trump does something
- 4:22Speaker 3: that's a little surprise, a little jack in the box
- 4:24Speaker 3: from Trump over in the White House, something to just
- 4:27Speaker 3: really get your heart onto the collar. People freak out
- 4:30Speaker 3: and then we get over it happened last year with
- 4:31Speaker 3: the tariffs, happening now with the war, and this will
- 4:34Speaker 3: be over soon. He's got midterms eleven after five, Ry
- 4:38Speaker 3: and Bridge. The more numbers coming at you shortly, but
- 4:40Speaker 3: we will next we'll get to certified builders, because yes,
- 4:45Speaker 3: it will cost you a little bit more if you're
- 4:47Speaker 3: in the business of building a residential property in New Zealand.
- 4:51Speaker 3: But it's nowhere near as much as they thought it
- 4:54Speaker 3: would be, which is the good news part of the story.
- 4:56Speaker 3: And we're building more stuff. That's next. News Talks at Beach, the.
- 5:00Speaker 1: Early edition Full the Show podcast on iHeartRadio, How It By,
- 5:04Speaker 1: News Talks at Me.
- 5:07Speaker 2: Get ahead of the.
- 5:08Speaker 1: Headlines on early edition with Ryan Bridge and Spuck for
- 5:12Speaker 1: Business Technology that keeps Business Moving.
- 5:15Speaker 2: News Talks AB.
- 5:16Speaker 3: Five point thirteen. A banking boss says, this could be
- 5:19Speaker 3: as good as it ever gets, and you just don't
- 5:21Speaker 3: know how long the good times are going to last.
- 5:23Speaker 3: We'll get to the blockbuster banker profits out of Wall
- 5:27Speaker 3: Street this morning in a second. But just to Australia
- 5:29Speaker 3: very briefly. You know the Isis Brides we talked about
- 5:32Speaker 3: that they've flown into Melbourne Airport they flew into Sydney
- 5:36Speaker 3: as well, just a few months ago. Well, one of
- 5:38Speaker 3: them is on trial. One of them is before the
- 5:40Speaker 3: Melbourne Magistrates Court right now facing charges of being a
- 5:45Speaker 3: member of a terrorist organization. This is a young woman
- 5:48Speaker 3: mother and they've put videos evidence before the court because
- 5:53Speaker 3: they're obviously you know, there's evidence being presented filmed herself training.
- 5:58Speaker 3: This is what she's alleged to have done. This is
- 6:00Speaker 3: a mother, thirty four year old mother with a toddler,
- 6:04Speaker 3: allegedly filmed herself training her toddlers how to use a
- 6:07Speaker 3: rifle and demanded that they show her how ge hardest
- 6:11Speaker 3: fighters should slaughter an infidel or a non believer. Can
- 6:16Speaker 3: you just imagine that for a second. And there's video
- 6:18Speaker 3: footage she's filming her infant allegedly while doing I mean,
- 6:23Speaker 3: it's absolutely, if true, disgusting. Messed up. Anyway, they didn't
- 6:29Speaker 3: play the video in court because the footage would have
- 6:33Speaker 3: been quote distressing for the accused. I mean, come off
- 6:37Speaker 3: at fourteen after five rainbridge. Right, Let's get to building
- 6:41Speaker 3: cost A building house up one point one percent in
- 6:43Speaker 3: the three months to June. This is from totality. Annual
- 6:46Speaker 3: cost growth up three and a half percent. Actually not
- 6:49Speaker 3: bad given the war price of oil, building activity starting
- 6:52Speaker 3: to gain traction as well. Malcolm Fleming, New Zealand certified
- 6:55Speaker 3: builder CEO of me this morning mal can get.
- 6:56Speaker 7: A good morning, Ryan.
- 6:59Speaker 3: So not as bad as it could have been. You
- 7:01Speaker 3: thought it might be.
- 7:03Speaker 7: A surprisingly low number. I'd have to say one point
- 7:07Speaker 7: one percent, as you said in your intro for two
- 7:09Speaker 7: to two, well below what expectations were given the backdrop
- 7:14Speaker 7: of there are war and the cost escalation we saw
- 7:17Speaker 7: in building project products. Soon after it has sort of
- 7:24Speaker 7: calmed down the building cost escalations we're seeing. So a
- 7:28Speaker 7: pretty good number and I think it's important also in
- 7:31Speaker 7: the note that the overall number of the twelve months
- 7:34Speaker 7: is below what coutality are talking about is the usual
- 7:39Speaker 7: number of four percent.
- 7:41Speaker 3: Manually, Yeah, who's coming? When are we going to developer
- 7:44Speaker 3: is going to come back? Because it looks like they've
- 7:46Speaker 3: all kind of pulled back. They're all a bit nervous,
- 7:47Speaker 3: which is more to do with the market than the
- 7:49Speaker 3: cost of building. But what are you seeing hearing out there?
- 7:53Speaker 7: I'm sing to here that the market is slowly changing.
- 7:55Speaker 7: There is some enthusiasm for motion industry that we are
- 8:00Speaker 7: at the bottom of cycle coming suddenly come out of it.
- 8:02Speaker 7: We started to see some good signs and I've been
- 8:04Speaker 7: on your show earlier this year talking about but those
- 8:07Speaker 7: were and then of course we had their own war,
- 8:09Speaker 7: so that then eroded some of those gains and that
- 8:12Speaker 7: positivity was starting to see that and back in the
- 8:18Speaker 7: twenty eighth to Peter and when the UN war started
- 8:21Speaker 7: and the month afterwards, we were very concerned about cost
- 8:24Speaker 7: escalations and that has played out that it and slowed
- 8:28Speaker 7: things down a little bit. That the actual cost escalation
- 8:32Speaker 7: has been less than we were thinking it would be
- 8:34Speaker 7: as a good sign when you marry that up. It
- 8:37Speaker 7: was only a week or two we were talking about
- 8:39Speaker 7: building consent numbers for year to the end of May
- 8:45Speaker 7: being above where they were the corresponding time last year.
- 8:47Speaker 7: You were starting to be some good signals returning.
- 8:50Speaker 3: Yeah, absolutely, Malcolm, good see you are good to hear you,
- 8:52Speaker 3: I should say, Malcolm Fleming, you's get on certified builders
- 8:55Speaker 3: CEO those numbers. By the way, seventeen minutes after five
- 8:59Speaker 3: those numbers can see it's risen from below thirty four
- 9:01Speaker 3: thousand last year to more than thirty nine thousand. That
- 9:04Speaker 3: is a good thing. How not every consent house consented
- 9:09Speaker 3: gets built, right, But the more you have consented, the
- 9:13Speaker 3: more chance you have of those you have consented being built. Therefore,
- 9:17Speaker 3: if it's going north, it's not a bad thing. It
- 9:20Speaker 3: is eighteen minutes after coming up, we're still going to
- 9:22Speaker 3: talk about Well, I'm still going to get to the
- 9:24Speaker 3: banking situation with the farmers, because it's quite interesting. They
- 9:27Speaker 3: had the banking inquiry, the rural banking inquiring. You think
- 9:30Speaker 3: or what's that ever going to achieve? Well, maybe it
- 9:33Speaker 3: did something or at least changed the perception that farmers
- 9:36Speaker 3: have about their banks and the thing that is more
- 9:39Speaker 3: important for a farmer to do with their bank, more
- 9:43Speaker 3: important than their interest rate. What is it tell you next?
- 9:47Speaker 3: News Talks the b the.
- 9:48Speaker 1: Early Edition full show podcast on iHeart Radio, How it
- 9:52Speaker 1: By News Talks it Me on your radio and online
- 9:57Speaker 1: on Iheard Radio Early Edition. It's Ryan Bridge and Spark
- 10:02Speaker 1: for business Technology that keeps business moving.
- 10:04Speaker 2: News Talks That b.
- 10:06Speaker 3: Timer is twenty minutes after five. Great to have your company.
- 10:08Speaker 3: So Wall Street's big banks doing very well. Second quarter
- 10:12Speaker 3: earnings are out and it's been a bumper season for them. Basically,
- 10:15Speaker 3: why well, they've been creaming and off the back of
- 10:17Speaker 3: some very strong market activities, some IPOs. Lots of stuff
- 10:21Speaker 3: going on with stocks, lots of buying and selling and
- 10:24Speaker 3: trading and IPOs which is pushing there. You know, they
- 10:27Speaker 3: get fees. There's mergers and acquisitions, they get fees, all
- 10:31Speaker 3: that stuff. So JP Morgan Global banking revenue, for example,
- 10:35Speaker 3: sixty one billion dollars for the quarter, up twenty four percent.
- 10:40Speaker 3: A JP Morgan chased, similar story, Bank of America's similar story,
- 10:43Speaker 3: far exceeding analysts expectations, all of them and yet deal making.
- 10:49Speaker 3: I think SpaceX, the IPO rocketing into and the money
- 10:54Speaker 3: that comes with it, market volatility that's been caused by
- 10:57Speaker 3: the ditches to do with AI, but also the war
- 10:59Speaker 3: and run has helped their trading income too and their
- 11:01Speaker 3: bottom line. Twenty one after five reserve banks starting with farming,
- 11:07Speaker 3: sorry staying with banking for a second, Reserve Bank says
- 11:09Speaker 3: farmer lending dropped nearly one and a half billion in
- 11:12Speaker 3: the year to April. Heirback home Fonterra and their Lactalis
- 11:16Speaker 3: payout plus strong returns for red meat for dairy while
- 11:20Speaker 3: they're paying down debt. Number of farmers with mortgages under
- 11:23Speaker 3: two million forty one percent. Six months ago it was
- 11:26Speaker 3: thirty eight percent. Mark Hooper, Fed Farmers Banking spokesperson, Hey.
- 11:29Speaker 2: Mark, good morning.
- 11:31Speaker 3: It's interesting to see the change in the attitudes of
- 11:34Speaker 3: farmers to their banks.
- 11:38Speaker 8: Yeah, yeah, well, I mean overall, it's it's a positive
- 11:41Speaker 8: trend at present. What we're seeing is a sixty nine
- 11:45Speaker 8: percent satisfaction rate, which is the highest that we've seen
- 11:49Speaker 8: since twenty eighteen. And at the other end of the spectrum,
- 11:54Speaker 8: those farmers that are feeling under undue pressure from their
- 11:57Speaker 8: banks down to ten percent, which is also below since
- 12:00Speaker 8: twenty eighteen. So a good kind of growing strong relationship.
- 12:07Speaker 8: I think happening.
- 12:08Speaker 3: There is that a function of farmers are doing well,
- 12:11Speaker 3: so banks are less concerned or do you think there's
- 12:14Speaker 3: a genuine improvement and how they're getting.
- 12:17Speaker 8: On well, it's no doubt a little bit of both. Certainly,
- 12:24Speaker 8: good times make for good friends, don't they. But what
- 12:30Speaker 8: we're actually seeing happen, and it's probably a reflection of
- 12:33Speaker 8: what you were reporting on there with international banks, is
- 12:37Speaker 8: that the New Zealand banks are currently competing quite strongly
- 12:41Speaker 8: for a share of that rural market debt and so that,
- 12:46Speaker 8: in turn, I think does drive good service and that's
- 12:49Speaker 8: probably one of the key messages that came out of
- 12:51Speaker 8: the service survey as well. It's the relationship that the
- 12:55Speaker 8: person has with the bank which tends to override a
- 12:58Speaker 8: lot of the other outcomes. There might be variations and
- 13:02Speaker 8: interest rates and things, but if they've got good communication,
- 13:04Speaker 8: a good relationship with their agrig manager, they tend to
- 13:07Speaker 8: be more satisfied.
- 13:08Speaker 3: Yeah. I thought that was the most interesting thing to
- 13:10Speaker 3: come out of well. I mean, obviously the drop and borrowing,
- 13:15Speaker 3: but the most interesting thing was they care more about
- 13:19Speaker 3: the relationship, having someone decent who comes to the farm
- 13:23Speaker 3: and talks to them and they know over an interest rate.
- 13:29Speaker 8: Yeah, yeah, that's right. But I think that internet relationship
- 13:33Speaker 8: does tend to drive some of those some of those
- 13:37Speaker 8: interest rate outcomes as well. I guess the concerning area
- 13:41Speaker 8: here is that we've got a couple of things. One
- 13:44Speaker 8: is that there is still quite a bit of variability
- 13:46Speaker 8: within that. We do still get reporting come through of
- 13:50Speaker 8: people having poor relationships and feeling under pressure from their banks,
- 13:54Speaker 8: and that's a reflection often of that breakdown of relationship.
- 13:57Speaker 8: But also it'll be interesting see because we don't we're
- 14:01Speaker 8: not having fear weather times with arable farmers at at
- 14:05Speaker 8: this stage they are feeling the punch quite a bit
- 14:10Speaker 8: more than others for a variety of reasons. And I
- 14:15Speaker 8: guess how well the bank manages those relationships will be
- 14:18Speaker 8: a reflection of the overall attitude.
- 14:20Speaker 3: Good point, Mark Cooper, fod Farmers, Nice Tavy on the
- 14:22Speaker 3: show was always twenty four minutes after five ran Bridge show.
- 14:26Speaker 3: There's and IBM worst day on trading day for them
- 14:29Speaker 3: on record. I think today fell by more than twenty percent.
- 14:33Speaker 3: That was pre market open this morning. Our second quarter earnings.
- 14:36Speaker 3: They put a note to the market saying theyred on
- 14:39Speaker 3: July twenty second, but their earnings are going to be
- 14:41Speaker 3: well nowhere near as good as the analysts expected them
- 14:44Speaker 3: to be. And so the investors go, well, we've bere
- 14:47Speaker 3: to sell before we hear the bad news. So customers
- 14:50Speaker 3: apparently prioritizing spending on AI infrastructure over what they do,
- 14:55Speaker 3: which is software twenty five after five by twenty seven
- 14:59Speaker 3: news to swearing unless you're a bishop, or maybe they
- 15:03Speaker 3: do it in private as well. Most of us do this,
- 15:05Speaker 3: don't we, especially in New Zealand. We all know what
- 15:07Speaker 3: a GC is, and it's nothing to do with the
- 15:09Speaker 3: white sandy beaches of Queensland. You don't do it in
- 15:14Speaker 3: front of mum. Everyone knows that that's just one oh
- 15:16Speaker 3: one of swearing and you shouldn't use the words and
- 15:20Speaker 3: anger at people unless they really really deserve it, and
- 15:23Speaker 3: then it's fine. But have you noticed lately the media's
- 15:26Speaker 3: obsession with calling out people for swearing? Exhibit A is
- 15:30Speaker 3: a furious, apparently furious Benji Marshall, West's Tigers coach, at
- 15:35Speaker 3: the expletive laden presser. Is how they described this.
- 15:38Speaker 9: The fact that people can make up rumors that we're
- 15:40Speaker 9: having a relationship breakdown or a risk between our friendship.
- 15:43Speaker 2: There's absolutely so.
- 15:46Speaker 3: The media had been saying he was in a spat
- 15:48Speaker 3: or a row with a now former player and they
- 15:50Speaker 3: were at war, et cetera, et cetera. You know what
- 15:52Speaker 3: the media does, none of which, according to Benji, was
- 15:54Speaker 3: actually true. So he responds and they say he's ranting
- 15:57Speaker 3: and swearing and quote going nuclear. Isn't that what they
- 16:02Speaker 3: used to call gaslighting? Remember that? Then there was Winston
- 16:06Speaker 3: Peters and you will remember this one.
- 16:08Speaker 6: I haven't been around this long to come on this
- 16:10Speaker 6: program to talk about that sort of wake up question.
- 16:13Speaker 10: Now the media called that a foul language outburst. How
- 16:18Speaker 10: can a word that so many people use describing an
- 16:21Speaker 10: act that clearly so many people do be so offensive
- 16:25Speaker 10: and worthy of mention. Christine Fletcher Orcland Council complains about
- 16:30Speaker 10: swearing and the council chambers at the moment the Dunedin
- 16:32Speaker 10: Council boss, did you see this yesterday? Was done for
- 16:35Speaker 10: swearing about counselors and calling them bad words behind their backs.
- 16:38Speaker 3: Who hasn't done that? The truth is that most of
- 16:42Speaker 3: us don't mind occasionally too much and you sound like
- 16:45Speaker 3: trash too little, and you sound a bit too cautious
- 16:48Speaker 3: directed in anger. Never a good idea should not happen
- 16:52Speaker 3: at work either. The obsession with people using it from
- 16:56Speaker 3: time to time though, especially in the age of the
- 16:58Speaker 3: Internet where people do and say whatever they want, well
- 17:03Speaker 3: that's a waste of beeping time. Ryan Bridge addition twenty nine,
- 17:06Speaker 3: after five news talks B we'll get to the UK
- 17:09Speaker 3: that whittickim, I mean I told you this yesterday. The
- 17:12Speaker 3: terrorism charges. So they came out on day one and
- 17:15Speaker 3: said nte, we think it's we think it's nothing to do.
- 17:18Speaker 3: There's no political motivation. This is a reform spokesperson on immigration. No,
- 17:25Speaker 3: we think that's nothing now. Of course they're investigating, so
- 17:28Speaker 3: we'll talk through our correspondent about that. News Talks at B.
- 17:39Speaker 1: The Early edition Folk Show podcast on iHeartRadio, Power it
- 17:43Speaker 1: by News Talks it B.
- 17:45Speaker 2: Before the news breaks here it first.
- 17:48Speaker 1: Ryan Bridge on early edition with spark for business technology
- 17:52Speaker 1: that keeps business moving.
- 17:54Speaker 2: News Talks at B.
- 18:01Speaker 3: Were away from sixty News Talk said, be great to
- 18:04Speaker 3: have you coming this morning. What exactly is Paul Henry
- 18:06Speaker 3: going to do in Parliament? That's in fifteen minutes from now.
- 18:08Speaker 3: We'll get to the UK for the latest on this
- 18:10Speaker 3: invent now terrorism investigation into the death of an MP
- 18:14Speaker 3: former minister, Conservative minister and whittikem Now a couple of
- 18:19Speaker 3: things to update you on from overnight. So JP Morgan
- 18:22Speaker 3: chief Jamie Diamond, we've spoken about him on the show before.
- 18:25Speaker 3: He says it's getting close to as good as it gets.
- 18:27Speaker 3: This after announcing massive banker profits over their bumper banking
- 18:32Speaker 3: profits four quarter two. We just don't know how long
- 18:35Speaker 3: it's going to last. Now. Nasdaq is up overnight. June
- 18:39Speaker 3: inflation for the US came in at three and a
- 18:42Speaker 3: half percent. That's actually less than expected. So as a
- 18:44Speaker 3: result of that, all of the investors said, ok, the
- 18:48Speaker 3: odds of an interest rate hike that we thought was
- 18:50Speaker 3: coming this month went from forty two percent saying yeah,
- 18:54Speaker 3: we think we're going they're going to have to hike
- 18:55Speaker 3: interistrates to about sixteen percent. And then Wash, who is
- 19:00Speaker 3: resent now with the feed he's taken questions from lawmakers,
- 19:04Speaker 3: say no, no, don't worry, I'll deal with inflation. So that
- 19:07Speaker 3: prediction is pretty much up in the air. As we
- 19:09Speaker 3: go to ERE this morning, and a little number four
- 19:12Speaker 3: you oh, price of oil, So it's come back down.
- 19:16Speaker 3: It's about eighty It was up as high as eighty
- 19:18Speaker 3: seven dollars a barrel. This is the benchmark Brent crude.
- 19:22Speaker 3: Trump said he taxed the straight. Now he's saying you
- 19:24Speaker 3: won't tax the straight. So again up in the air.
- 19:27Speaker 3: I mean we could sit here and endlessly go through
- 19:30Speaker 3: the menuchet of everything that Trump says about the Strait,
- 19:32Speaker 3: but I would be wasting your time and I would
- 19:34Speaker 3: be wasting my time too. Frankly, twenty two minutes away
- 19:37Speaker 3: from six Ryan, let's go to our reporters. Callum, good morning, morning. Right,
- 19:42Speaker 3: what's the update with Waki Hospital.
- 19:46Speaker 11: Well, we know now that this independence inquiry will take
- 19:49Speaker 11: place in secure at the facility and it will examine
- 19:53Speaker 11: ryan whether the patients were treated lawfully and appropriately or not.
- 19:56Speaker 11: Ward TENA is what's under the microscope here at twelve
- 20:00Speaker 11: unit for adults with intellectual disabilities involved in the justice system.
- 20:03Speaker 11: It's closing after Ombudsman inspectors found evidence of punitive and
- 20:08Speaker 11: coercive treatment and including one patient being kept in isolation
- 20:12Speaker 11: for eighteen months. The Ministry of Health released the terms
- 20:15Speaker 11: of references for this inquiry which it's commissioning. It says
- 20:19Speaker 11: it'll examine care provided over the past two years, including
- 20:22Speaker 11: whether wider systemic issues need addressing, and its findings will
- 20:26Speaker 11: be reported to the Director General of Health within six months.
- 20:28Speaker 3: All right, how's your weather?
- 20:30Speaker 11: A few showers this morning and afternoon northwest is today
- 20:33Speaker 11: the high ten nice one.
- 20:34Speaker 3: Thanks Callum Claire and christ Church morning Claire, good morning.
- 20:38Speaker 3: Are people being scammed at parking machines?
- 20:40Speaker 9: Well, that's what it seems. Christ Church residents are been
- 20:43Speaker 9: warned to watch out for these fake stickers that have
- 20:46Speaker 9: been placed on parking machines directing them to fake payment websites.
- 20:50Speaker 9: The city Council put out an urgent alert yesterday afternoon
- 20:53Speaker 9: after discovering these QR code stickers had been placed over
- 20:56Speaker 9: parking machines across the city, both on machines operate by Counsel,
- 21:00Speaker 9: but also other parking providers as well. Some of the
- 21:04Speaker 9: machines had also been vandalized with permanent marker to stop
- 21:07Speaker 9: people being able to use them. A Head of Transport,
- 21:10Speaker 9: Stephen Wright says the issue is being taken very seriously.
- 21:13Speaker 9: This increased monitoring by the Parking Surveillance Team. As a result.
- 21:17Speaker 9: Police are also helping to identify affected machines and hopefully
- 21:20Speaker 9: remove the fake stickers after they became aware of the
- 21:23Speaker 9: issue yesterday afternoon.
- 21:25Speaker 3: Terrible. How's your weather?
- 21:27Speaker 9: Mainly find a bit of high cloud about today. There
- 21:28Speaker 9: could be the odd shower later too. Northerlyast turning southwesterly
- 21:32Speaker 9: and the high will be sixteen.
- 21:33Speaker 3: Nice wine clear. Thank you to bes in Willington. Ha Tobs,
- 21:36Speaker 3: Good morning Ryan. So Winston was just taking a look
- 21:39Speaker 3: at whether we would get another short term firy, was
- 21:41Speaker 3: he Yeah?
- 21:43Speaker 12: So while the rail Minister says that there's nothing wrong
- 21:46Speaker 12: with being ready, Yeah, this is after revelations that he
- 21:50Speaker 12: wrote to key We Rail asking it to explore options
- 21:53Speaker 12: for another cook straight fery as we know whenter Island
- 21:56Speaker 12: is currently down to just the one. This is after
- 21:59Speaker 12: the retirement of the outer teddy and schedule maintenance of
- 22:02Speaker 12: the other two. So a lessa from March was sent
- 22:05Speaker 12: just weeks after Peter's put out a statement saying it
- 22:07Speaker 12: wouldn't make sense for the agency to get another faery.
- 22:11Speaker 12: It has actually been done before with KEII Rail leasing
- 22:13Speaker 12: a fery from England in twenty twenty one. He told
- 22:17Speaker 12: KWI Rail of concerns from those in the freight industry
- 22:20Speaker 12: and question the cost of an additional fury, but he
- 22:23Speaker 12: was told leasing one wouldn't be economically viable. We've got
- 22:26Speaker 12: the two new ships, of course, arriving in twenty twenty nine.
- 22:29Speaker 3: How's your weather?
- 22:31Speaker 12: A cloudy today, chance of rain, northerly wins and fourteen
- 22:34Speaker 12: degrees the high here in Wellington.
- 22:36Speaker 3: Thank you to Bess and Wendy's with me in Auckland.
- 22:38Speaker 3: Good morning, Good to see what's going on with this
- 22:41Speaker 3: freshwater gold clan.
- 22:42Speaker 13: Yeah, well, Auckland Council is obviously worried about it. They're
- 22:46Speaker 13: seeking help to prevent the highly invasive freshwater gold clan
- 22:49Speaker 13: from spreading into the region. A Council report says the
- 22:52Speaker 13: aquatic pest found in Waikato and Taranaki is at a
- 22:56Speaker 13: high risk of entering Auckland within the next four years.
- 22:59Speaker 13: Anessa intervention so asking the Ministry of Primary Industries to
- 23:03Speaker 13: establish a controlled area notice for fourteen water bodies around
- 23:06Speaker 13: the region and introducing a check clean and dry procedure.
- 23:10Speaker 13: The Council's Head of Natural Environment Services, Image and Basset,
- 23:14Speaker 13: says the clam are prolific breeders. She says this quick
- 23:17Speaker 13: block water treatment plants, they stop irrigation systems, and they
- 23:21Speaker 13: destroy local biodiversity, so he has something to watch out for.
- 23:24Speaker 3: There certainly sounds like it. Haw's our weather.
- 23:26Speaker 13: Well, it's very foggy, wasn't it.
- 23:28Speaker 3: On the drive.
- 23:30Speaker 13: I had the lad to put the lights on and
- 23:32Speaker 13: the wipers and the wipers so the fog were clear.
- 23:35Speaker 13: And it's going to become a lovely fine day light
- 23:37Speaker 13: when seventeen degrees beautiful now not compare.
- 23:39Speaker 3: That's what we'd like to hear, Wendy, thank you very
- 23:41Speaker 3: much for that. It is eighteen minutes away from six
- 23:43Speaker 3: News Talks B. You want to hear the good news
- 23:45Speaker 3: out of China, This is their trade surplus. June exports
- 23:49Speaker 3: were up almost thirty percent twenty seven percent from the
- 23:53Speaker 3: same month a year ago. This is driven by mainly
- 23:55Speaker 3: US businesses, which has kind of counterintuitive, but US businesses
- 24:00Speaker 3: piling because they thought that the inflation re effects, you know,
- 24:03Speaker 3: the second round inflationary effects, would push up their prices,
- 24:06Speaker 3: so they buy a bunch of stuff from China. China's
- 24:08Speaker 3: exports go up and at the same time, but plus
- 24:12Speaker 3: they export a whole bunch of cars, which we're all buying,
- 24:14Speaker 3: aren't we, the evs. At the same time, their inputs
- 24:17Speaker 3: were up thirty six percent. Why well, price of oil.
- 24:20Speaker 3: Remember they had to pay for that. That was part
- 24:22Speaker 3: of the problem. So this leads to a in total,
- 24:26Speaker 3: a near record trade surplus for the Chinese for the
- 24:29Speaker 3: month of June US one hundred and twenty six billion
- 24:32Speaker 3: dollars for the month seventeen to six. News TALKSB were
- 24:36Speaker 3: in the UK next. Most New Zealanders are getting better
- 24:39Speaker 3: at managing their money, and the tools that help improve
- 24:43Speaker 3: your money management are actually getting better all the time,
- 24:46Speaker 3: so you should check them out. Quite regularly. But there
- 24:48Speaker 3: is such a thing as too much information. You've probably
- 24:51Speaker 3: heard the advice about not checking too often on a
- 24:54Speaker 3: long term investment like Kiwisaver. It's tempting to well not
- 24:59Speaker 3: follow that advice. This isn't it. The key is focusing
- 25:01Speaker 3: on the right numbers. If you're investing for something that's
- 25:05Speaker 3: many years away, like retirement, it makes sense to judge
- 25:08Speaker 3: results over several years, not what's happened in the past quarter,
- 25:12Speaker 3: or in the past twelve months, or heaven forbid, in
- 25:14Speaker 3: the past week. For long term investments, it's long term
- 25:19Speaker 3: results that matter, and Milford is a key we save
- 25:21Speaker 3: provided with a track record of delivering strong long term results.
- 25:26Speaker 3: Learn more at Milford Asset dot com. Past performance not
- 25:29Speaker 3: a reliable indicator of future performance. Investment involves risk. Milford
- 25:32Speaker 3: Funds Limited is the issuer of the Milford Keewisaber Plan.
- 25:36Speaker 3: Go to Milford Asset dot com to read the Milford
- 25:38Speaker 3: Kiwisaber Plan Product Disculosure.
- 25:40Speaker 1: Statement, International correspondence with Ends and Eye Insurance Peace of
- 25:44Speaker 1: Mind for New Zealand business.
- 25:47Speaker 3: What's tall hen we're going to do in Parliament? We'll
- 25:48Speaker 3: ask that in a couple of minutes first, let's go
- 25:50Speaker 3: to the UK. Gavin Grays with us so counter terror
- 25:53Speaker 3: police now all over this investigation into Anne Whittakim's death.
- 25:57Speaker 14: That's right, yes, Ryan, and the most recent breast conference.
- 26:02Speaker 14: A couple of hours back. Now, the counter Terrorism Police
- 26:04Speaker 14: chief said that Ann Whittigam had died in a brutal
- 26:07Speaker 14: and targeted attack.
- 26:08Speaker 15: Now.
- 26:09Speaker 14: Anne Whittighum's seventy eight years old but still involved in politics,
- 26:13Speaker 14: was a former prisons minister under John Major in the
- 26:16Speaker 14: mid nineteen nineties. She was Conservative so in power for
- 26:19Speaker 14: a long time and then defected to Reform UK and
- 26:24Speaker 14: became an MEP, a member of the European Parliament. She
- 26:27Speaker 14: was actually giving television interviews and radio interviews, a series
- 26:31Speaker 14: of them from her home virtually on the day of
- 26:34Speaker 14: her murder. It's been now announced, but the counter Terrorism
- 26:39Speaker 14: Police chief says that she died in this brutal targeted attack.
- 26:43Speaker 14: They say they have now obtained a warrant to hold
- 26:45Speaker 14: a twenty eight year old white male suspect for up
- 26:48Speaker 14: to seven days under the Terrorism Act, but they say
- 26:51Speaker 14: they're still working to try to understand the motive. Now
- 26:54Speaker 14: it's been rumored in newspapers, but not confirmed by the
- 26:57Speaker 14: police that there was some communist literature at the home
- 27:00Speaker 14: of the suspect, but as I said, completely unconfirmed with that,
- 27:05Speaker 14: and a counter terrorism investigation is now running in parallel
- 27:08Speaker 14: to the murder investigation, but it has not been declared
- 27:12Speaker 14: a terrorist incident at this stage. They say it's complex,
- 27:16Speaker 14: multiple lines of inquiry, digital forensic examinations as you could expect,
- 27:21Speaker 14: use of the computer, phone, etc. And well, this mystery
- 27:25Speaker 14: just seems to go on and on, with more tributes
- 27:28Speaker 14: pouring in for this very very unusual politician given.
- 27:31Speaker 3: I'm quite intrigued by this one because the police was
- 27:34Speaker 3: so quick to come out and say they didn't think
- 27:36Speaker 3: there was any political motivation. This is the reform UK
- 27:40Speaker 3: immigration spokesperson who dies in brutal circumstances in her home
- 27:46Speaker 3: and they were so quick to dismiss it, you know,
- 27:48Speaker 3: initially yes, yep.
- 27:50Speaker 14: And Nigel Farah saying that more security needs to be
- 27:53Speaker 14: given to his colleagues. To him, this has been kind
- 27:57Speaker 14: of dismissed as well by the authorities saying we regularly
- 28:00Speaker 14: reviewing who needs what security we are in charge, and
- 28:04Speaker 14: others are saying, look, this is a clear indication of
- 28:07Speaker 14: what happens not just at Reform UK, but to any
- 28:10Speaker 14: politician dealing with controversial matters. We have in the past.
- 28:14Speaker 14: In the not too distant past, Ryan had two MPs
- 28:17Speaker 14: who were both murdered. And the fear is that as
- 28:21Speaker 14: people do more and more circulating and stuff online that
- 28:25Speaker 14: this could happen again. So we don't yet know. We
- 28:28Speaker 14: can't get too certain on the exact target on this,
- 28:31Speaker 14: but yes, you're right. They dismissed the fact that it
- 28:34Speaker 14: was politically motivated at the time.
- 28:36Speaker 3: Kevin Gray are UK europe correspondent. It is a living
- 28:39Speaker 3: away from sex, Bryan Bridge. So we all need saving.
- 28:42Speaker 3: The country needs saving. Who's going to do it? Apparently?
- 28:45Speaker 3: Paul Henry an act.
- 28:47Speaker 15: You know, I'm enormously disappointed with national Yes, I want
- 28:50Speaker 15: to be a minister. Why do I want to be
- 28:52Speaker 15: a minister? As I said before, I'm sixty five years old.
- 28:55Speaker 15: I'm not doing this to waste my time on.
- 28:57Speaker 3: Bridget more than political commentator with us as morning, Hey Bridget.
- 29:01Speaker 16: Good morning.
- 29:02Speaker 3: Do celebrity candidates form a broadcast that kind of thing?
- 29:05Speaker 3: Do they ever really change the dial in terms of polling?
- 29:10Speaker 16: I think they do and that they bring attention and
- 29:12Speaker 16: I think particularly with someone like Paul Henry, you've seen
- 29:16Speaker 16: act sort of stagnate in the polls. They haven't gone
- 29:18Speaker 16: disily down, but sitting around that seven to eight percent,
- 29:21Speaker 16: whilst there are others that are Coalish and part in
- 29:23Speaker 16: New Zealand Services actually skyrocketed in the polls, so they
- 29:26Speaker 16: actually do need a bit of attention currently in a
- 29:28Speaker 16: crowded seat of market going into the election, and Paul
- 29:31Speaker 16: Henry has the power to do that.
- 29:33Speaker 3: Anyone going to roll Luxon.
- 29:36Speaker 16: I don't think anyone's going to roll Lutson at the moment.
- 29:39Speaker 16: I don't think it's Paul Henry, for instance, it's going
- 29:41Speaker 16: to roll Xon.
- 29:42Speaker 3: But I mean the bad polling numbers that the changing
- 29:45Speaker 3: now is not going to change those numbers necessarily, are
- 29:48Speaker 3: they No.
- 29:50Speaker 16: I think one of the key things that every political
- 29:52Speaker 16: party is always aware of is that generally the voters
- 29:56Speaker 16: don't reward you for spending time talking about yourself rather
- 29:59Speaker 16: than talking about them and what's happening in their household.
- 30:02Speaker 16: So any kind of leadership discussion is trying to keep
- 30:08Speaker 16: it minimum as possible. Hence why Luckson, you know, pushed
- 30:10Speaker 16: the vote earlier in the year that to rely on
- 30:13Speaker 16: under it and it has been very quiet since then.
- 30:16Speaker 3: If we assume that we are going to get the
- 30:19Speaker 3: result that the polls assume we're going to get right now,
- 30:22Speaker 3: it'd be a very different government, won't it with maybe
- 30:24Speaker 3: a quarter of cabinet made up of New Zealand first,
- 30:27Speaker 3: if they get a bump from Paul Henry, act could
- 30:30Speaker 3: have a few more as well, and you start to
- 30:31Speaker 3: look at half national in caucus, sorry, in cabinet.
- 30:36Speaker 13: Yeah.
- 30:36Speaker 16: And you've also got to take into account that actors
- 30:39Speaker 16: campaigning on having a smaller cabinet as well. That's one
- 30:43Speaker 16: of the things I said is really important that actually
- 30:45Speaker 16: they want less ministers and they said they're prepared to
- 30:48Speaker 16: have less act ministers as well. So that's going to
- 30:51Speaker 16: have quite a change dynamic on what that cabinet looks like.
- 30:54Speaker 3: Bridget Mordern, political commentator, Good TV on the show this morning.
- 30:57Speaker 3: It is nine minutes well just gone eight minutes away
- 30:59Speaker 3: from six News Talk SEDB.
- 31:02Speaker 2: News and Views you Trust to start your day.
- 31:06Speaker 1: It's early edition with Ryan Bridge and Spark for Business
- 31:10Speaker 1: Technology that Keeps Business Moving US TALKSB.
- 31:13Speaker 3: Six to six News Talks. Heb we had some numbers
- 31:15Speaker 3: yesterday on tourists and on long term you know, like
- 31:18Speaker 3: citizens will want would be citizens coming to New Zealand.
- 31:21Speaker 3: So twelve months to May, because I mean, forget about
- 31:25Speaker 3: the month net loss of thirty six thousand, eight hundred
- 31:28Speaker 3: New Zealand citizens, the net gain fifty five thousand non
- 31:32Speaker 3: New Zealand citizens. Where did they come from? India? So
- 31:36Speaker 3: I mean Winston won't like this. India biggest source of
- 31:39Speaker 3: migrants in the twelve months to May this year, eleven thousand.
- 31:43Speaker 3: You had about ten thousand from China, seven eight hundred
- 31:46Speaker 3: from the Philippines, next with Sri Lanka and then the USA.
- 31:49Speaker 3: Everyone goes on about how many Americans are moving here,
- 31:51Speaker 3: Well it was seventeen hundred in the year and even
- 31:54Speaker 3: fewer Aussies. No Ustralians just don't move to New Zealand,
- 31:57Speaker 3: do they. I guess it's so close and so similar
- 31:59Speaker 3: way would you? And we're a bit poorer eight hundred
- 32:02Speaker 3: and sixty nine Australian citizens during the year it is
- 32:05Speaker 3: five to two bread There is numbers. Very good.
- 32:09Speaker 17: I'm really well, thank you. The trick is the gap.
- 32:13Speaker 17: The gap is smaller than it was. We've always literally
- 32:16Speaker 17: always lost people to Australia.
- 32:18Speaker 3: Literally a market gap, isn't it.
- 32:21Speaker 17: It is a gap, but it's always been a game.
- 32:23Speaker 17: Best years were three thousand, we got down to three
- 32:25Speaker 17: thousand loss and the worst years are about forty seven
- 32:28Speaker 17: forty eight thousand. So at thirty something we're getting better
- 32:31Speaker 17: than we were.
- 32:32Speaker 3: Still agreed in part, which was always the John King,
- 32:35Speaker 3: that it was exactly right. Hey, would you ever run
- 32:37Speaker 3: for parliament? Absolutely not No.
- 32:39Speaker 17: And I know Paul well, Paul and I go back years, decades,
- 32:43Speaker 17: and I'm a little bit surprised because it's one thing
- 32:47Speaker 17: to what he says. I'm pleased and proud of them
- 32:50Speaker 17: in the sense you want to make a contribution.
- 32:53Speaker 3: I like that. But at the same time, you've got
- 32:55Speaker 3: a yacht, you've got multiple houses, and you've got a
- 32:58Speaker 3: lot of money. Enjoy it.
- 33:00Speaker 17: There's an element of that. But I think the thing
- 33:03Speaker 17: is what I suspect is because we're sort of similar.
- 33:07Speaker 17: I can't work in a team. I'm no good in
- 33:09Speaker 17: a team. I wouldn't I just wouldn't last five minutes.
- 33:12Speaker 17: And that and Viral, I haven't noticed it exactly and
- 33:15Speaker 17: I don't think. I don't know that he will either,
- 33:18Speaker 17: And I just wonder how long before he says something random?
- 33:21Speaker 3: How how long before? How long does Seymour stay there?
- 33:25Speaker 3: That's good, that's I don't think he's there for long.
- 33:27Speaker 3: He's not a journeyman. He's not a let's make this
- 33:30Speaker 3: a career. No, so he'll be looking who's going to
- 33:33Speaker 3: run this party when I'm gone?
- 33:34Speaker 17: Well, that's who's going to run Winston's party when he's
- 33:36Speaker 17: gone as well. There's a couple of questions for you
- 33:38Speaker 17: this morning anyway. But you know, but I like people
- 33:40Speaker 17: who don't have to do stuff doing stuff, you know
- 33:43Speaker 17: what I mean? Yeah, And there's something laudable in that.
- 33:45Speaker 17: And if you know, I'm as concerned about the country
- 33:48Speaker 17: as he is. But so he's a better person than
- 33:49Speaker 17: me because I'm not running for politics and he is
- 33:51Speaker 17: so good luckily.
- 33:52Speaker 3: And then the question is what does he actually do that?
- 33:55Speaker 17: Well, he's done the right thing in the sense he's
- 33:57Speaker 17: got the right party who can get him right into
- 33:59Speaker 17: cabin Ye, he'll almost want to be be in cabinet.
- 34:01Speaker 17: But you don't want to be Minister of Sivil Defense orts,
- 34:03Speaker 17: you know what I mean? Imagine if you got that,
- 34:06Speaker 17: I may not quote on this or the census exactly anyway,
- 34:09Speaker 17: He's with us after seven Right Stuff Microgymix Newspalalk Quickly.
- 34:16Speaker 1: For more from Early Edition with Ryan Bridge. Listen live
- 34:19Speaker 1: to news Talks it'd be from five am weekdays, or
- 34:22Speaker 1: follow the podcast on iHeartRadio