Latest / Early Edition with Ryan Bridge / Full Show Podcast: 28 October 2025

Transcript

Full Show Podcast: 28 October 2025 · Early Edition with Ryan Bridge

0:01
Speaker 1: The issues, the interviews and the insight. Ryan Bridge on
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Speaker 1: early leadership with r V Supercenter, explore r V successories
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Speaker 1: and servicing all in one news talk said, be good morning.
0:12
Speaker 2: Welcome to your Tuesday aged. Here is a big problem
0:15
Speaker 2: in this country. There is not enough of it and
0:17
Speaker 2: it's expensive. Reforms on the way. We've got Casey Costello
0:20
Speaker 2: on that they've got crocodile attacks and tornadoes and Australia
0:23
Speaker 2: power cuts here at home. Andrewism was sport this morning.
0:26
Speaker 2: Pluster on the ground in Kuala Lumpa for the Ussian.
0:29
Speaker 1: Summit, the agenda.
0:33
Speaker 2: Speaking of Trump's now left there. He's in Japan. He's
0:36
Speaker 2: meeting with the new Prime Minister, Taka Eachy. First woman
0:39
Speaker 2: plays the drums, China Hawk, that one we've spoken about
0:41
Speaker 2: her before. Then it's off to Apec and South Korea.
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Speaker 2: All signs pointing to a deal between China and the US.
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Speaker 3: It could avert the one hundred and fifty seven percent
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Speaker 3: tariffs that in the United States was going to be imposing.
0:54
Speaker 3: A priority of the presents when he sits down where
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Speaker 3: she is to talk to him about the war between
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Speaker 3: Russia and Ukraine, specifically to see if she would be
1:04
Speaker 3: willing to try and convince Russia to the negotiating table.
1:07
Speaker 2: Trump also wants to sneak in a little trip to
1:10
Speaker 2: see Rocketman off the back. Nothing is confirmed. Meanwhile, remember
1:14
Speaker 2: his ultimatum to Argentina vote for Hajavia Malay this is
1:19
Speaker 2: the president, or you will lose the forty billion dollar
1:21
Speaker 2: lifeline that I propped up the pace over. Well, it
1:23
Speaker 2: turns out they listened.
1:24
Speaker 4: We're not just going to defend the reforms that were made,
1:27
Speaker 4: but we are also going to promote to the reforms
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Speaker 4: they are still needed to achieve that future.
1:32
Speaker 2: We want to be a country that grows into the Argentina.
1:34
Speaker 5: We should never have stopped being to make Argentina greet again.
1:38
Speaker 2: To the UK King Charles's Unbeiled Memorial honoring LGBTI plus
1:42
Speaker 2: community military community. They weren't allowed to openly serve in
1:46
Speaker 2: the armed forces until the year two thousand.
1:48
Speaker 6: This is in effect the culmination of their journey, but
1:51
Speaker 6: Fighting with Pride has a mission to continue to seek
1:53
Speaker 6: to find the rest of those veterans who are still
1:56
Speaker 6: lost to the military community. Their reparations have to be
2:00
Speaker 6: cleaned before December of next year. So our guiding mission
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Speaker 6: through sole December next year is to seek every single
2:06
Speaker 6: one of those missing LGBT veterans.
2:08
Speaker 2: And put them on that journey home. The news you.
2:12
Speaker 1: Need this morning and the in depth analysis early edition
2:15
Speaker 1: with Ryan Bridge and r V Supercenter explore RVs accessories
2:20
Speaker 1: and servicing fall in one.
2:21
Speaker 2: News talks that'd b eight after five nine nine. The
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Speaker 2: numbers text would love to hear from you this morning
2:26
Speaker 2: is always aged. Here is one of those things that
2:28
Speaker 2: people often write to me about. It's expensive, there aren't
2:31
Speaker 2: enough beds. Everybody says the service is great once you
2:35
Speaker 2: get it, if you can get it, and that's the problem.
2:38
Speaker 2: Getting it is getting harder. There's almost a million kiwis
2:41
Speaker 2: now aged over the age of sixty five. Twenty percent
2:45
Speaker 2: of us will be over the age of sixty five
2:47
Speaker 2: without in short order. And when you get old, Let's
2:51
Speaker 2: be honest, you need a bit more key, you need
2:52
Speaker 2: a bit more help. You need hospital beds, you need
2:54
Speaker 2: home visits, you need cleaning, you need help around the house.
2:57
Speaker 2: Not everyone, but many do. So is how do you
3:00
Speaker 2: pay for all of that? Right now? It's means tested.
3:03
Speaker 2: So those with assets draw them down first and get
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Speaker 2: a subsidy. Those without get the full subsidy, but there
3:09
Speaker 2: aren't enough beds because they tell us you get people
3:13
Speaker 2: with lots of assets in cash buying up spots and
3:17
Speaker 2: there aren't enough left for everyone else. This is the argument.
3:20
Speaker 2: So the government is reviewing all of this again and
3:23
Speaker 2: if it sounds familiars, because we've had one hundred reviews
3:26
Speaker 2: on this already and now we have a working group.
3:29
Speaker 2: Thank god. Working groups are code for too hard basket.
3:32
Speaker 2: In my mind, the Aussies have been there, done that.
3:35
Speaker 2: They had their working group which actually worked, and they
3:38
Speaker 2: had I think twenty three recommendations. They said yes to
3:41
Speaker 2: all of them. Over there. If you're rich, you self fund.
3:44
Speaker 2: The clinical stuff is still free because they have a
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Speaker 2: free healthcare system like ours, but you self fund all
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Speaker 2: the extra things, all the cleaning, all the living, help,
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Speaker 2: the meals if you can't cook, etc. And I think
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Speaker 2: it's only a matter of time before we do something
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Speaker 2: similar here, like it or loathe it. The system costs
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Speaker 2: us right now two and a half billion dollars, and
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Speaker 2: like the aging population, the cost is going in one direction,
4:10
Speaker 2: in one direction only. Bryan Bred'd love to know what
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Speaker 2: you think about that. Five to ten on News Talk,
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Speaker 2: said b just coming back to Malay for a second
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Speaker 2: in Argentina. This is the chainsaw guy, you know, taking
4:20
Speaker 2: a chainsaw to government spending, blew up entire government departments.
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Speaker 2: He's a libertarian at heart and liberalizes the broken economy.
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Speaker 2: Their inflation was two hundred percent two years ago. It's
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Speaker 2: now thirty two percent. So he went to some midterm
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Speaker 2: elections and Trump was backing him with, you know, with
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Speaker 2: buying out the pace. Forty billion dollars he did. He
4:45
Speaker 2: threw in there and it's worked. The strategy has worked
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Speaker 2: because he has just one secured forty one percent of
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Speaker 2: the national vote, at least one third of seats in
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Speaker 2: both legislative chambers and the country he has achieved its
5:00
Speaker 2: first balanced budget in more than a decade. So it's worked.
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Speaker 2: It's a big win for Malay, it's a big win
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Speaker 2: for the free market. It's double the size that he
5:11
Speaker 2: has in Congress, and that gives him a crucial power,
5:15
Speaker 2: a crucial power of veto to basically keep doing what
5:19
Speaker 2: he's doing. Five eleven were in quant Olympic Next News
5:22
Speaker 2: Talks VB.
5:24
Speaker 1: Get ahead of the headlines on early edition with Ryan
5:28
Speaker 1: Bridge and r V Supercenter explore RV's accessories and servicing
5:32
Speaker 1: all in one News TALKSB.
5:34
Speaker 2: Five fourteen News Talk ZB. We'll get to Azaria Hall,
5:37
Speaker 2: who's our reporter, with the Prime Minister in quir Olumpa
5:39
Speaker 2: in just a moment.
5:43
Speaker 1: This is News Talks NB Breaking News.
5:46
Speaker 2: In breaking news this morning, the labour parties finally announced
5:49
Speaker 2: their capital gains tax. It will apply to profit made
5:52
Speaker 2: after the first of July twenty twenty seven. This is
5:56
Speaker 2: Chris Hopkins and his big capital gains announcement. So it'll
6:01
Speaker 2: apply to property made after the first of July twenty
6:03
Speaker 2: twenty seven when a commercial property or a residential property
6:07
Speaker 2: is sold. Now this excludes the family home. So already
6:11
Speaker 2: we know they're not going for a comprehensive capital gains
6:14
Speaker 2: tax because that would have included stuff like farms, Kiwi,
6:17
Speaker 2: saver shares, business assets, inheritances, personal items. You know, would
6:22
Speaker 2: you tax that when you sell your car or you
6:25
Speaker 2: sew to your boat or sod your piece of art. No,
6:27
Speaker 2: it won't apply to those things. It is quite narrow.
6:30
Speaker 2: It would apply to residential property and commercial property. We
6:33
Speaker 2: already have the bright line test, of course, but they're
6:36
Speaker 2: obviously saying that's not good enough. Now they say nine
6:39
Speaker 2: out of ten kiwis won't pay tax on the property
6:43
Speaker 2: that they own. And they say that everyone, regardless of
6:46
Speaker 2: your income, will get three free doctors visits a year
6:51
Speaker 2: out of this, So it's a little tax for Medicaid
6:56
Speaker 2: or Medicard. They're calling it switch a rough every dollar
7:00
Speaker 2: raise they say they claim will go straight into the
7:03
Speaker 2: health system, including funding three free doctors visits a year
7:06
Speaker 2: for everyone with a new MEDICRD. This will save New
7:10
Speaker 2: Zealander's money every year, according to Christopher Hipkins. They say
7:15
Speaker 2: it's simple, they say it's targeted. Currently, most profits from
7:19
Speaker 2: selling commercial property or residential property are tax free. However,
7:23
Speaker 2: work and productive business activities are taxed. See this is
7:28
Speaker 2: the thing. If you have a commercial property and you
7:31
Speaker 2: are earning money off that commercial property, that money is taxed.
7:36
Speaker 2: Your income is taxed in the same way that if
7:38
Speaker 2: you own a coffee shop, your income is taxed. So
7:41
Speaker 2: you can sell your coffee shop and not pay any
7:44
Speaker 2: tax on the capital game that you've made from building
7:46
Speaker 2: up your business. But if you own a commercial property,
7:51
Speaker 2: you'll be taxed. From the first of July twenty twenty seven,
7:54
Speaker 2: it is sixteen after five Bryan Bridge. That's assuming they
7:57
Speaker 2: get into government, of course. Right back in his hotel
8:01
Speaker 2: in Kuala Lumpa now after a dinner hosted by the Malaysians.
8:04
Speaker 2: No sign yet of a meeting with Donald Trump. Of course,
8:07
Speaker 2: there could be a chance at APECK. He's now done
8:10
Speaker 2: with the Usian Summit, that is Trump and he's off
8:13
Speaker 2: to Japan, but Luxon remains in in Malaysia for the
8:18
Speaker 2: Asian Summit. Then he is off to South Korea for
8:20
Speaker 2: APEC Becauzarria. How his news talks are by political reporter
8:24
Speaker 2: with him in Kuala Lumpa. Welcome to the shows, Aaria,
8:27
Speaker 2: Thanks so much.
8:28
Speaker 7: Good to be with you.
8:28
Speaker 2: So any sign of the big Man yet, Any sign
8:30
Speaker 2: of Donald Trump or his modicade.
8:33
Speaker 7: Yeah, no sort of sign of Donald Trump in terms
8:36
Speaker 7: of what I've seen. I mean, he was in the area,
8:39
Speaker 7: but he since actually left. So Donald Trump now in
8:42
Speaker 7: Japan a meeting with their new leader. Trump did not
8:46
Speaker 7: meet with Chris Luxen, but the two paths do cross
8:50
Speaker 7: again in just a few days at APEX in South Korea.
8:53
Speaker 7: There's no word though if there will be a meeting,
8:56
Speaker 7: but there was a press conference from PM Chris Luxen
9:00
Speaker 7: and he said they may meet, they may not, but
9:02
Speaker 7: admitted though that it was unlikely we will see any
9:05
Speaker 7: sort of reprieve from those US tariffs. I mean, in
9:08
Speaker 7: terms of the wider situation at Asian you can tell
9:12
Speaker 7: there's something big going on. I mean, there's motorcades as
9:15
Speaker 7: far as the eye could see, there's so much security
9:18
Speaker 7: and police in the area. But in terms of actually
9:21
Speaker 7: any sign of Donald Trump, haven't actually seen him and
9:25
Speaker 7: he's gone off to Japan now, but maybe South Korea
9:28
Speaker 7: will be the place to catch a glimpse of him.
9:31
Speaker 2: This gala dinner that was hosted by the late Malaysian
9:33
Speaker 2: PM tonight, what came with that much?
9:37
Speaker 7: Yeah, well, Luxon finished the day with that gala dinner
9:40
Speaker 7: that was put on by the Prime Minister of Malaysia.
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Speaker 7: It also came with some performances, cultural performances, speeches and
9:47
Speaker 7: orchestra as well, but media were not invited to go
9:51
Speaker 7: to that one. But it did sort of put an
9:54
Speaker 7: end to what had been a massive political day for
9:58
Speaker 7: really a lot of world leaders. Luxon met with a
10:01
Speaker 7: number of world leaders in Malaysia for the Asian Summit
10:05
Speaker 7: bilateral meetings with people like the Prime Minister of Vietnam,
10:09
Speaker 7: the PM of Cambodia, Lao Thailand as well, and also interestingly,
10:14
Speaker 7: Chris Luckson actually met with India's Minister of External Affairs.
10:18
Speaker 7: Now that's a really important meeting for the government. New
10:20
Speaker 7: Zealand's really been pushing for that free trade agreement with India,
10:24
Speaker 7: so it is important that they've managed to get that
10:27
Speaker 7: meeting as well. But in terms of that gala, I
10:29
Speaker 7: think it's more about celebrating Asian and bringing together all
10:34
Speaker 7: of these sorts of cultures as well. Also, there will
10:37
Speaker 7: be today later today in Asian New Zealand leaders gala
10:41
Speaker 7: lunch and that comes with a kapahaka performance. Chris Luxan
10:45
Speaker 7: last night obviously treated to those cultural performances at that gala.
10:49
Speaker 7: This is a chance really to show what New Zealand
10:52
Speaker 7: has to offer. So it will be quite interesting to
10:54
Speaker 7: watch that one.
10:56
Speaker 2: Azari, I've been to these things before. You've been to
10:58
Speaker 2: these things before. You know all about the size of
11:00
Speaker 2: the motorcade, how big was Chris Luxeon's. Because I saw
11:04
Speaker 2: he was greeted by the Minister of Youth or something. Ran.
11:07
Speaker 2: I mean, it's almost like being greeted by the mayor
11:09
Speaker 2: when you.
11:10
Speaker 7: Arrive, he was greeted by the Minister of Youth. Yes,
11:14
Speaker 7: that's correct, and I mean some people did make those
11:16
Speaker 7: comparisons between Chris Luxon's arrival and Donald Trump's arrival. There
11:22
Speaker 7: was no sort of dancing from Chris Luxon, no people
11:25
Speaker 7: waving flags, but it was still he did still get
11:27
Speaker 7: a guard of honor and a motor cat as well,
11:30
Speaker 7: so it wasn't like it was, you know, completely nothing.
11:34
Speaker 7: But yes, sir, Donald Trump really taking the headlines in
11:38
Speaker 7: terms of Usian and he's already left.
11:40
Speaker 2: He's gone, he's out the building. All right. Well, we'll
11:42
Speaker 2: look forward to your next update. The Zaria Thanks very much.
11:45
Speaker 2: That was Azaria. Azaria. How who's our political reporter in Malaysia?
11:50
Speaker 2: Just gone five twenty Couple more tidbits. Just as I'm
11:53
Speaker 2: digesting this release from Labor this morning, they've come out
11:56
Speaker 2: with a capital gains tax. It's quite target. It's commercial
11:58
Speaker 2: property and residential property. It is on profit made after
12:02
Speaker 2: first July twenty twenty seven. So that means normally they
12:05
Speaker 2: when they do stuff like this, I will say, if
12:07
Speaker 2: you purchase a property after a certain date, then this
12:10
Speaker 2: tax will apply to you. Well, they're not doing that
12:12
Speaker 2: from what I can see, it's if you own the
12:15
Speaker 2: commercial property or the residential property now and you sell
12:19
Speaker 2: it after first of July twenty twenty seven, then you
12:23
Speaker 2: will be taxed. They say it's not comprehensive, so most
12:26
Speaker 2: stuff won't be There's a media stand up today at
12:29
Speaker 2: ten thirty in the Labor Caucus room. I've got Hipkins
12:31
Speaker 2: on my show on Herald Now later on, so I
12:33
Speaker 2: ask them about this. They say, one in six New
12:35
Speaker 2: Zealanders can't afford to visit a doctor, so you'll get
12:38
Speaker 2: three free doctors visits a year, which immediately raises the question,
12:42
Speaker 2: if only one in six key we can't afford to
12:44
Speaker 2: see the doctor, then why does everybody need this special
12:47
Speaker 2: card to get three free visits. The tax rate, by
12:51
Speaker 2: the way, twenty eight percent, same as the company tax rate.
12:53
Speaker 2: It's twenty one after five News Talk set.
12:55
Speaker 1: B on your radio and online on iheard radio earlier.
12:59
Speaker 1: Is shy with Ryan Bridge and are the Supercenter explore
13:04
Speaker 1: V accessories and servicing.
13:06
Speaker 2: All in one news talk sa'd be five twenty three
13:08
Speaker 2: news talks. Taylor says Ryan. They won't get and doesn't matter.
13:11
Speaker 2: This is labor and their capital gains tax. I've announcement
13:14
Speaker 2: this morning, Ryan. This capital gains tax won't even raise
13:16
Speaker 2: any money from July twenty twenty seven. How are they
13:19
Speaker 2: going to gain money on capital when a house prices
13:22
Speaker 2: are going back with says Sarah. See the thing I
13:24
Speaker 2: think there's another text to here makes a good point.
13:26
Speaker 2: This is the thin edge of the wedge. But once
13:29
Speaker 2: you get the capital gains tax in, you start adding
13:32
Speaker 2: things to it. Like you know, when you're going shopping
13:35
Speaker 2: and you say, I'm just going to get some butter,
13:36
Speaker 2: and I'm just going to get some milk, and then
13:38
Speaker 2: you come away four hundred dollars poorer. That's how we'll
13:42
Speaker 2: all feel. Right, let's go to sport with Andrew. Morning,
13:44
Speaker 2: Andrew Greeting's Ryan, Jeez, a big weekend for sport. Can
13:48
Speaker 2: we start with Dame Knoles?
13:50
Speaker 8: Well, she's beaks and she at least well pending on
13:53
Speaker 8: the bench until she's back.
13:55
Speaker 2: That's right.
13:55
Speaker 8: What had to happen eventually, I think, and and I
13:58
Speaker 8: think it's just the pragmatism of the situation, isn't it
14:00
Speaker 8: could could net wh whos little pay her out? Probably
14:02
Speaker 8: not given the financial commitments and with the rec of
14:06
Speaker 8: a really compelling broadcasting deal and I think just there
14:11
Speaker 8: was a demand that she should return from from within
14:13
Speaker 8: and without.
14:14
Speaker 2: So yeah, she's back and Liam Lawson almost had a
14:18
Speaker 2: run in with the marshals again.
14:20
Speaker 8: God you see that footage that was extraordinary. I mean
14:23
Speaker 8: they would give you the yipside potentially when you need
14:27
Speaker 8: a strong mental fortitude to be able to get beyond it.
14:30
Speaker 8: You know you've you've come around. And that's just such
14:32
Speaker 8: a blight really on the officials not being able to
14:36
Speaker 8: inform him or at least the communication for the guys
14:39
Speaker 8: who are on the track as well. So just for
14:40
Speaker 8: those people haven't seen, he narrowly missed cleaning up for
14:43
Speaker 8: you people. When you go those sort of speeds, yeah
14:45
Speaker 8: you end up yeah pretty much plus to the pavement.
14:49
Speaker 8: Don't you get hit?
14:50
Speaker 2: Exactly? Be frightening thing to happen. So do we know
14:53
Speaker 2: when do we find out whether he's going to get
14:54
Speaker 2: this seat.
14:56
Speaker 8: It's been postponed so effectively it was meant to be
14:58
Speaker 8: after the Mexican Grand Prix, that was the word. But
15:02
Speaker 8: now doctor Helmut Marco, of course advisor to Red Bull,
15:06
Speaker 8: has basically said that it'll be potentially later on Cutter
15:12
Speaker 8: or even aber Dabi just after towards the end of
15:15
Speaker 8: the season pretty much because they're focusing their energy on
15:18
Speaker 8: Max with stup and actually having a crack at the
15:20
Speaker 8: Driver's Championship coming back into the mix, I mean third
15:23
Speaker 8: in Mexico, but Landa Norris taking the race and go
15:26
Speaker 8: to three fifty seven points as teammate and Claren teammate
15:29
Speaker 8: Oscar piastri on three fifty six for star Up in
15:32
Speaker 8: three twenty one. Of course you get twenty five for
15:34
Speaker 8: a win in Formula One. It's four races left. I
15:37
Speaker 8: think that's going to be fascinating. That's going to be
15:39
Speaker 8: potentially the narrative of the season.
15:40
Speaker 2: Absolutely the old laws and for New Zealanders a nice one.
15:44
Speaker 2: Andrew good to say Andrelison was Sport twenty six minutes
15:47
Speaker 2: after five News Talks EDB.
15:49
Speaker 1: The early edition full show podcast on iHeartRadio powered by NEWSTALKSB.
15:56
Speaker 2: On News Talks ZB. Great to have you on a
15:58
Speaker 2: Tuesday morning. It was only a matter of time before
16:00
Speaker 2: Dame Knowles is allowed back right where she belongs leading
16:03
Speaker 2: the silver Ferns. You could almost hear the cheers from
16:05
Speaker 2: the fans, not just of Netbull but of Sport in general.
16:09
Speaker 2: The problem with this whole saga is that for the
16:11
Speaker 2: most part, we the public have been left yesing what
16:13
Speaker 2: was really going on behind the scenes. And the reason
16:15
Speaker 2: became that we all became so invested in this thing
16:19
Speaker 2: and eventually it became political. Was the narrative around the story.
16:23
Speaker 2: Speak to your average punter, and they made up their minds.
16:26
Speaker 2: Dame Knowles is a bloody legend. She's a straight shooter.
16:29
Speaker 2: She calls a spade a spade. She's hard and hearty
16:32
Speaker 2: and gets results. It's not Ted Lee Wings, it's professional sport.
16:36
Speaker 2: And that's why this story, I think took off like
16:38
Speaker 2: a rocket. High performance sport is about exactly that. If
16:42
Speaker 2: you can't take the heat, you get out of the kitchen.
16:45
Speaker 2: The public back to Dame Knowles because this looked like
16:48
Speaker 2: a small group of players, notably excluding Star Grace Wiki
16:52
Speaker 2: who didn't like a coaching style. They got sour grapes.
16:55
Speaker 2: They thought they were bigger than the boss. With Netball
16:58
Speaker 2: New Zealand acting as an over vizealis HR department, the
17:01
Speaker 2: whole thing spoiled and went tits up. Anyway, she's back,
17:05
Speaker 2: Dame Knowles is back, and what have we learned? Well,
17:09
Speaker 2: hweis don't mind a little bit of RGI bargie in
17:11
Speaker 2: sport so long as you're winning. News Talks at B
17:15
Speaker 2: we're live in Australia and some capital gains reaction.
17:18
Speaker 1: Next news and Views you trust to start your day.
17:30
Speaker 1: It's earlier this ship with Bryan Bridge and r V
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Speaker 1: Supercenter explore r v's accessories and servicing Fall than one.
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Speaker 2: News Talks at B twenty four away from six yer
17:43
Speaker 2: on News Talks B for your Tuesday morning. Great to
17:45
Speaker 2: have your company. Casey Costello coming up before six on
17:47
Speaker 2: Aged Care will also get this DONA mail out of Australia.
17:50
Speaker 2: We might sneak in some reaction to Labour's capital gains
17:53
Speaker 2: tax announcement this morning as well. If you're just joining us,
17:55
Speaker 2: that's happened. It's a thing. It's going to apply to
17:58
Speaker 2: all commercial outside the family home. If you own a
18:01
Speaker 2: commercial building or commercial property, or if you own a
18:05
Speaker 2: second home, then when you go to sell that after
18:08
Speaker 2: the first of July twenty twenty seven, providing Labour gets
18:12
Speaker 2: into power, you will pay a capital gains taxent on
18:15
Speaker 2: that to the tune of twenty eight percent. How are
18:18
Speaker 2: you feeling about that new Zealand. Already the text machines
18:21
Speaker 2: lit up. As you can imagine, this is from Ann right.
18:24
Speaker 2: Our commercial building is our retirement. We worked hard to
18:27
Speaker 2: pay it off and they say you need a huge
18:29
Speaker 2: amount of money to retire. We're nervous. This is a
18:33
Speaker 2: kick in the guts. Looks like we'll be selling up
18:36
Speaker 2: if it looks like labor will be getting in. And
18:38
Speaker 2: that's the thing. People are now going to be watching
18:39
Speaker 2: the poles like hooks, because what does this do to
18:43
Speaker 2: the valuations? You know, if the chance of labor becoming
18:47
Speaker 2: government is a reality, does this put a dampner on
18:51
Speaker 2: housing market valuations which are already going sideways or backwards?
18:55
Speaker 2: Does it put a dampner on commercial property valuations ahead
18:59
Speaker 2: of them even being elected? Because she kicks in pretty
19:02
Speaker 2: quick thereafter twenty three Away from sex Bran reporters around
19:07
Speaker 2: the country this morning, Callum and Dunedan Callum, Good morning,
19:10
Speaker 2: morning Ryan. Another warning for people about the weather.
19:14
Speaker 4: Yeah, look it doesn't stop here South and Klufa and
19:16
Speaker 4: also let's remember Caikota remain under a state of emergency
19:20
Speaker 4: after last week's fierce winds. Thousands though still remain without
19:24
Speaker 4: power here and it could be a week yet before
19:26
Speaker 4: those homes are reconnected. We've learnt the governments contributing one
19:31
Speaker 4: hundred and fifty thousand dollars to those areas mirror relief
19:34
Speaker 4: funds to support our local recovery efforts. But on top
19:37
Speaker 4: of this, we've had this cold snap now which has
19:40
Speaker 4: brought snowfall warnings for several South Island roads. Cluther Civil
19:44
Speaker 4: Defenses twenty two of their roads are still blocked by
19:47
Speaker 4: trees and power lines. They say contractors are ready to
19:50
Speaker 4: clear those roads, but are just waiting for power teams.
19:52
Speaker 4: Here in Dunedan Ryan our roads snowfall warnings now expired,
19:56
Speaker 4: but three mile Hill Road here remains closed due to snow.
19:59
Speaker 2: All right, thank you clears and christ Church clear good morning,
20:02
Speaker 2: Good morning. The historic theater building you've got skying on
20:07
Speaker 2: the market in christ Church. What's the story correct?
20:10
Speaker 9: This is our odeon theater building. This is one that
20:13
Speaker 9: has been is considered our last remaining example of nineteenth
20:17
Speaker 9: century architecture. It has been over the years of public hall,
20:21
Speaker 9: a cinema. It's even been used as a church for
20:23
Speaker 9: some time. It's got a white stone facade and some
20:26
Speaker 9: Italian detailing. The entryway as well as the staircase, have
20:30
Speaker 9: been very carefully restored and retained over time. It was
20:33
Speaker 9: purchased by Environment Canterbury in twenty twenty. That was when
20:36
Speaker 9: it still had some shipping containers out the front of
20:39
Speaker 9: it to hold the facade up post quake. It's now
20:42
Speaker 9: decided to sell the high profile corner side as well
20:46
Speaker 9: as the adjacent sites. It covers about sixteen hundred square
20:49
Speaker 9: meters of land. Collier's Investment Sales Director Courtney Doug is
20:54
Speaker 9: looking after the sale. She says buyers have many options
20:57
Speaker 9: with the site, including heritage restoration, but also mixed use
21:01
Speaker 9: development given the CBD location. Offers are being sought for
21:05
Speaker 9: the Odeon Theater site until a December deadline.
21:08
Speaker 2: All right, how's your weather?
21:09
Speaker 1: Clear?
21:10
Speaker 9: Rain and the winter's east, but was very strong overnight
21:13
Speaker 9: south and westerlies will be strong again a bit later today,
21:16
Speaker 9: turning north at westerly by evening a high only ten.
21:19
Speaker 2: Goodness me all right, thank you, Max and Wellington morning,
21:21
Speaker 2: Max morning, How you got a measles outbreak there?
21:25
Speaker 10: Yeah, we're up to ten cases nationally, but there's a
21:28
Speaker 10: real fear of an outbreak here in Wellington. Two more
21:31
Speaker 10: cases here over the weekend at high schools. Hundreds of
21:35
Speaker 10: students are now close contacts, considered close contacts at Wellington
21:38
Speaker 10: College Girls College. One of the cases also traveled on
21:42
Speaker 10: a ferry crossing. They were on school buses. Public Health
21:46
Speaker 10: getting in touch, of course with all those kids, all
21:48
Speaker 10: those contacts, potential locations of interest also being published online.
21:53
Speaker 10: Only eighty two percent of two year olds have vaccinated.
21:55
Speaker 10: It's not good enough. It needs to come up. Hospitals
21:58
Speaker 10: are already stretched. That's the message from Health. A lot
22:01
Speaker 10: of advice out there were crossing our fingers, so this
22:03
Speaker 10: doesn't turn into a widespread outbreak.
22:05
Speaker 2: All right, how's your winner?
22:07
Speaker 10: Cloudy this morning, but a rain later, some strong Southerly's
22:10
Speaker 10: fifteen the high cheers Max.
22:12
Speaker 2: Neighbors an Auckland morning. Never good morning. The AA's got
22:15
Speaker 2: some questions about AT's parking enforcement cars, those things that
22:19
Speaker 2: drive around in Zapia.
22:20
Speaker 11: That's the one. Yeah, you're right. So look, data provide
22:23
Speaker 11: a news talk ZB shows that the infringements from the
22:26
Speaker 11: license plate recognition vehicles they almost doubled. This is from
22:30
Speaker 11: twenty twenty three to twenty twenty four. Now eighties is Look,
22:33
Speaker 11: that's because the fleet increased from nine to sixteen cars
22:37
Speaker 11: during that time. Martin Glynn, he's the AA policy director.
22:41
Speaker 11: He said, look, I'm hoping that they're just being used
22:43
Speaker 11: for these stated goals of keeping parking spots clear. Eighty
22:47
Speaker 11: sees that the most common type of infringement is not
22:50
Speaker 11: paying for parking in these paid zones, and eighties is look,
22:54
Speaker 11: use the app. Paying with the app so much cheaper
22:56
Speaker 11: than having to cough up that seventy dollars fine.
22:58
Speaker 2: I have to say, it does change your behavior a bit,
23:00
Speaker 2: doesn't it. Because I used to just run the gauntlet
23:02
Speaker 2: most days outside my gym because it was cheaper to
23:06
Speaker 2: get the occasional fine than it was. But now you
23:09
Speaker 2: get them all the time. Yeah.
23:10
Speaker 12: Well that's right.
23:10
Speaker 11: Someone out there in the news room said exactly the
23:12
Speaker 11: same thing I did many years ago. But now I
23:14
Speaker 11: use the app.
23:15
Speaker 2: Yeah, yeah, so I guess it works, your little rebel,
23:18
Speaker 2: you I know, no longer how's hour.
23:20
Speaker 11: Weather, no rain, heavy at times, thunderstorms, localized downpours early morning,
23:24
Speaker 11: easing to a few showers in the afternoon. Twenty the high.
23:26
Speaker 2: Brilliant, thank you, Graham says, run twenty five percent of
23:29
Speaker 2: your profit. I wonder how long till Kiwi Savers included.
23:32
Speaker 2: That's the thing, Graham, That's the thing here is a
23:36
Speaker 2: small looking, maybe to most innocent looking capital gains tax
23:41
Speaker 2: announcement from labor. But once you turn the tap on,
23:44
Speaker 2: the floodgates open, don't they Eighteen away from six News
23:47
Speaker 2: Talks EB, Casey Costello, Donald de Mayo in Australia and
23:51
Speaker 2: we'll get a quick little reaction from Brad Olsen on
23:53
Speaker 2: the on the CGT all Ahead News Talks.
23:56
Speaker 1: EB International correspondence with any insurance feace of mind for
24:01
Speaker 1: New Zealand business.
24:03
Speaker 2: Good to the minister, and we'll get to brad Elson
24:05
Speaker 2: and just the second first on a tomorrow out of
24:07
Speaker 2: Australia on a good morning, Good morning, jeez, what's happened
24:10
Speaker 2: with this crocodile attack?
24:12
Speaker 13: Yes, it's the start of crocodile breeding season in October
24:16
Speaker 13: and a teen boys in hospital he was attacked by
24:18
Speaker 13: a crocodile while fishing in far North Queensland. He did
24:21
Speaker 13: suffer wounds to his leg and body at a place
24:25
Speaker 13: in Cape Tribulation, which is a small coastal town about
24:29
Speaker 13: one forty k north of Cairns. He was fishing in
24:31
Speaker 13: thigh high water when attacked, says a spokesperson for the
24:35
Speaker 13: Department of Environment. Now they're going to put in some
24:38
Speaker 13: extra warning signs in the area. And interestingly, if you
24:42
Speaker 13: go to the department website, it says crocodile's become especially
24:46
Speaker 13: sassy when looking for a mate and that does increase
24:50
Speaker 13: the risks of attacks. Over forty years, about fifty one
24:54
Speaker 13: reported crock attacks in Queensland.
24:56
Speaker 2: Goodness me, all right, thanks so much.
24:58
Speaker 13: Oh and thankfully the boys at a stable.
25:00
Speaker 2: Good that's going to say good Donnah, thank you for that, Donald,
25:04
Speaker 2: but modern ordeal Donod Mayo, Australia correspondent, fourteen away from
25:07
Speaker 2: six Bryan Bridge. The government's finally making moves on aged
25:11
Speaker 2: care reform. There's almost a million of US aged over
25:14
Speaker 2: the age of sixty five. New ministerial advisory group being
25:16
Speaker 2: set up looking at the funding model, looking at how
25:19
Speaker 2: to get more beds. Casey Costale is the Associate Health
25:21
Speaker 2: Minister with me this morning, Minister, Good.
25:23
Speaker 12: Morning, good morning Ryan.
25:25
Speaker 2: So how long will this review take?
25:28
Speaker 12: We want very short timeframes, so I'm hoping to get
25:32
Speaker 12: the report back from the group by the middle of
25:34
Speaker 12: next year so that we can be looking at what
25:37
Speaker 12: their implication is for budget twenty twenty seven.
25:40
Speaker 2: How many beds are we short.
25:44
Speaker 12: I think that's the problem that we've got is we
25:46
Speaker 12: keep talking about age care as a bed problem and
25:49
Speaker 12: we have about thirty four thousand older New Zealanders living
25:52
Speaker 12: in age residential care at the moment, but we have
25:55
Speaker 12: over nine hundred thousand over sixty five in New Zealand.
25:58
Speaker 12: So this is about the developing a system that allows
26:03
Speaker 12: care to be integrated, to be able to deliver in
26:06
Speaker 12: home care the right care the right place. And our
26:09
Speaker 12: model doesn't allow for that transition from care, doesn't support
26:14
Speaker 12: investment in the in home care and all of the
26:17
Speaker 12: leavers that we can pull to allow people to live
26:20
Speaker 12: well where they choose to live for as long as possible,
26:22
Speaker 12: and that's what we're trying to achieve.
26:24
Speaker 2: So you want the money to follow the needs of
26:26
Speaker 2: the person.
26:28
Speaker 12: We want to be able to put the care at
26:31
Speaker 12: the heart of this. And this is when you mentioned
26:33
Speaker 12: earlier about Australia. This is about what is the right
26:37
Speaker 12: care where you need to live, where it needs to
26:39
Speaker 12: be delivered. And this is the problem that you hear
26:43
Speaker 12: repeatedly is the access to care, the type of care
26:46
Speaker 12: you need where you need it, and we know that
26:50
Speaker 12: most people want to be able to stay at home
26:53
Speaker 12: for as long as possible, and with the right care,
26:56
Speaker 12: we can deliver that and take some pressure of this
26:59
Speaker 12: concept of more and more beds. You know, we have
27:02
Speaker 12: a care system that is publicly funded but privately delivered,
27:06
Speaker 12: and so this is what we need to do is
27:08
Speaker 12: understand those that are delivering the services. And that's what
27:11
Speaker 12: we're hoping with the Misereal Advisory Group is technical people
27:15
Speaker 12: that know what is needed in the system.
27:18
Speaker 2: If you're rich, should you be expecting to pay more
27:21
Speaker 2: for aged care? After you're done and dusted with all this.
27:25
Speaker 12: I think the reality is now the way our funding
27:28
Speaker 12: model is set up, that's what's occurring. You know, we
27:31
Speaker 12: have premium bed rates, we have occupational rights agreements to care,
27:35
Speaker 12: we have a range of systems that is making that
27:38
Speaker 12: a cure now. And this is why we need to
27:40
Speaker 12: have some really honest conversations about how is this being
27:43
Speaker 12: structured and ensure that those that need it most are
27:48
Speaker 12: getting the right care.
27:49
Speaker 2: Hey got any reaction to Labour's capital gains tax announcement?
27:53
Speaker 12: Yeah? Well, as a New Zealand first mp CA, you
27:55
Speaker 12: can imagine it's not something that we're going Yeah, this
27:58
Speaker 12: is a great idea. So yeah, I think was a
28:00
Speaker 12: bit of a shocker this morning, but I suppose we
28:02
Speaker 12: sort of knew what was coming. So we'll see what
28:04
Speaker 12: this all that is from here there. Other policies hadn't
28:06
Speaker 12: been so successful, so we'll see how it goes.
28:09
Speaker 2: Casey Cassello, who is with us this morning, Associate health
28:11
Speaker 2: time is eleven away from six ran bread. Yes, if
28:15
Speaker 2: you're just joining us this morning, neighbors announced it's a
28:17
Speaker 2: narrow capital gains tax. You have you have to say,
28:19
Speaker 2: doesn't apply to businesses yet, doesn't apply to farms yet,
28:22
Speaker 2: doesn't apply to key we saver yet, shares yet, inheritance yet.
28:26
Speaker 2: What it does apply to is commercial property and residential
28:29
Speaker 2: property outside the family home sold after the first of
28:32
Speaker 2: July twenty twenty seven. This cour of course, is all
28:36
Speaker 2: on the proviso that they get back in the government.
28:38
Speaker 2: Brad Olfson infametrics of me this morning, Brad, good morning,
28:41
Speaker 2: good morning. Yeah, they're taking the narrow option.
28:44
Speaker 5: Yes, I mean a very narrow option, as you say,
28:46
Speaker 5: focused on residential and commercial property. I think I mean
28:51
Speaker 5: that's really because of the politics of this all, But
28:54
Speaker 5: at the same time, as an economist, it does make
28:57
Speaker 5: you wonder why they didn't go broader given this. Well,
29:00
Speaker 5: looking at the lights of the housing market and similar
29:02
Speaker 5: at the moment, there's not a huge amount of gains
29:04
Speaker 5: happening in there, so the ability to produce revenue is
29:07
Speaker 5: a lot different from when we had the capital gains
29:10
Speaker 5: tax a while ago. But realistically, again, it seems like
29:15
Speaker 5: you've got this sort of very very narrow definition. If
29:17
Speaker 5: it's not wide and broad based, it does sort of
29:20
Speaker 5: be the question why we're bothering with something so so specific?
29:23
Speaker 2: How much would it raise? Do you reckon?
29:26
Speaker 5: Well, that's sort of that the question I've been asking
29:28
Speaker 5: myself the last sort of ten to fifteen minutes since
29:31
Speaker 5: getting the releases. I don't know, there's no costings that
29:34
Speaker 5: are outlined in the release around what might be brought
29:37
Speaker 5: in or what the expectations might be. Now, as an
29:40
Speaker 5: economic forecast, I get that putting out numbers can be difficult,
29:43
Speaker 5: but it's hard to sort of assess if we're talking
29:46
Speaker 5: ten million, one hundred million, or a billion dollars worth
29:48
Speaker 5: of revenue over any sort of time period. I think
29:51
Speaker 5: given the limitations and given how narrow of a capital
29:54
Speaker 5: gains tax expansion is being talked about here. I wouldn't
29:57
Speaker 5: expect it to be a huge money spinner, but again
30:00
Speaker 5: it's sort of hard to evaluate given there's just no
30:02
Speaker 5: details that I can see.
30:04
Speaker 2: There's more blank space on this release than there are words. Brad,
30:07
Speaker 2: what about the issue if you're an elderly person listening
30:10
Speaker 2: to this radio show this morning, and you have purchased
30:12
Speaker 2: a commercial property or a couple of rental properties to
30:15
Speaker 2: fund your retirement, and you were planning on selling them
30:18
Speaker 2: in the next few years, this is going to be
30:20
Speaker 2: a real kick in the guts.
30:23
Speaker 5: Well, it might seem like that to start with. I
30:25
Speaker 5: think we do have to take a little bit of
30:26
Speaker 5: a breath before we get sort of too much into
30:28
Speaker 5: all of that, because my expectation, again without having read
30:31
Speaker 5: absolutely every new sort of legal piece that's come out
30:34
Speaker 5: on this in the last fifteen is that it will
30:36
Speaker 5: likely only apply to those gains after the start of
30:39
Speaker 5: the period.
30:40
Speaker 12: So if you bought something.
30:41
Speaker 5: Five years ago and it's made one hundred K, it's
30:44
Speaker 5: not going to get taxed until you start to make
30:47
Speaker 5: a gain after, say twenty twenty seven. So I think
30:49
Speaker 5: we do have to hold our breath a little bit
30:51
Speaker 5: on that, because people often say, well, I bought something
30:54
Speaker 5: thirty years ago and now it's going to get taxed
30:55
Speaker 5: to all kingdom. Come. No, that's not actually the case,
30:58
Speaker 5: but there is, I guess, question over again, how people
31:01
Speaker 5: might spend their money or invest in the future. Question
31:04
Speaker 5: of course also of politics and how this plays out,
31:06
Speaker 5: what the vote does, and everything else.
31:08
Speaker 2: Appreciate your time, Brad. Brad Olson in for metrics here
31:10
Speaker 2: on News Talk sebb.
31:13
Speaker 1: Ryan Bridge on early edition with r V Supercenter explore
31:17
Speaker 1: r v's accessories and servicing all in one news talksb.
31:21
Speaker 2: You got records on the Stock Exchange, the Dow, the SMP,
31:25
Speaker 2: the Nasdaq, all heading record HighRes in Japan, South Korea,
31:28
Speaker 2: time on the Shanghai Composite closing in its highest level
31:32
Speaker 2: in ten years. This all ahead of a now highly
31:35
Speaker 2: anticipated meeting between Jinping and Trump, which will hopefully happen
31:39
Speaker 2: on Thursday. Our time and listening to Scott Best, who's there,
31:43
Speaker 2: Treasury guy, the one that I always played for you
31:44
Speaker 2: here on early edition, He's saying, basically, we've set said
31:48
Speaker 2: it all up. Don't worry. The threats were all just
31:51
Speaker 2: that it was the art of the deal and we
31:53
Speaker 2: should have something done on Thursday. There you go, Mike's
31:56
Speaker 2: in the studio now for your Tuesday morning. Good morning,
31:59
Speaker 2: Mike morn So what did you make of Dame Knowles?
32:02
Speaker 2: I thought that was a great result, inevitable result.
32:04
Speaker 14: What was the biggest story? If you're a sports journalist,
32:07
Speaker 14: what's the biggest story Joseph Parker's defeat because you're no
32:11
Speaker 14: longer chasing one of the biggest prizes in global sport,
32:15
Speaker 14: or Noelene Tarrua's reinstatement, or by a fairly minor sport
32:19
Speaker 14: that's limited to certain parts of the world.
32:22
Speaker 2: How many New Zealanders watch boxing versus I don't know.
32:27
Speaker 2: Now I would say the zone. I don't know. I
32:29
Speaker 2: would say it's about the same.
32:31
Speaker 14: It was one of the biggest in the world. I
32:32
Speaker 14: remember when certainly when Parker went with Anthony Joshua and
32:36
Speaker 14: of course you remember David tour that that was as
32:39
Speaker 14: big as sporting event as the country.
32:40
Speaker 2: When Peter, when boxers were biting ears off their opponents,
32:45
Speaker 2: it was quite good. Those were the days. But those
32:47
Speaker 2: are the golden days. Now we've got UFC. You know,
32:49
Speaker 2: you've got so many other things that people are what you're.
32:51
Speaker 14: Saying, it's not the same.
32:52
Speaker 2: I think it's not the I'm just pleased.
32:54
Speaker 14: What's weird about it is? And I've never seen anything
32:57
Speaker 14: as badly handling. The guy Matt Winneray who's the chair
32:59
Speaker 14: of a New Zealand. It's a very likable guy and
33:02
Speaker 14: it's been around a long time in business circles and
33:04
Speaker 14: it's very experienced. But I've never seen anything as ineptley handled.
33:08
Speaker 2: And did you see what they came out and said yesterday?
33:11
Speaker 2: They said nothing, No, no, they said that we think
33:14
Speaker 2: this has been a great thing for nipple.
33:16
Speaker 14: Yeah, I don't see that's It's got labor party esk
33:21
Speaker 14: vibes about it, hasn't it, In the sense that you've
33:23
Speaker 14: cocked it up so badly you can offer no real explanation.
33:26
Speaker 14: So you'll just try and bluff your way through, thinking
33:29
Speaker 14: the new cycle will get you through into Wednesday and
33:30
Speaker 14: we can all forget about it.
33:32
Speaker 2: But what does Noling get out of it?
33:34
Speaker 14: So she comes back when sometime later on once we've
33:38
Speaker 14: got this constellation cup over and it's the weirdest thing,
33:41
Speaker 14: isn't it? And then I was watching the one of
33:43
Speaker 14: the netball players, going, we haven't discussed it as a group.
33:46
Speaker 14: What you're talking about like in the changing room, going, Oh,
33:50
Speaker 14: I can't talk about but.
33:52
Speaker 2: We as a country still have no idea what we're
33:54
Speaker 2: arguing about.
33:55
Speaker 14: You and get this millions of dollars of taxpayers money
33:58
Speaker 14: into the sport for what? Anyway, Prime Minister, this morning
34:01
Speaker 14: Adam from Asia for you brilliant, looking forward to it.
34:03
Speaker 2: Mike next, have a great Tuesday. See you tomorrow.
34:07
Speaker 1: For more from Early Edition with Ryan Bridge, listen live
34:10
Speaker 1: to News Talks. It'd be from five am weekdays, or
34:13
Speaker 1: follow the podcast on iHeartRadio.