Latest / Early Edition with Ryan Bridge / Full Show Podcast: 26 May 2026

Transcript

Full Show Podcast: 26 May 2026 · Early Edition with Ryan Bridge

0:00
Speaker 1: The issues, the interviews and the insight. Ryan Bridge on
0:05
Speaker 1: early edition with Spark for Business Technology that keeps business
0:09
Speaker 1: moving news talks.
0:10
Speaker 2: They'd be good morning and welcome to your Tuesday. We'll
0:13
Speaker 2: look at the government gas bank deal. Donna's in Australia
0:16
Speaker 2: for US this morning. International business conferences are up almost
0:19
Speaker 2: back to pre COVID and cruise ship numbers are down
0:22
Speaker 2: at touch. We'll tell you about that too. The agenda Tuesday,
0:26
Speaker 2: the twenty sixth of May run says some progress but
0:29
Speaker 2: no deal. This is after Trump made a big song
0:31
Speaker 2: and dance of the weekend actually run saying no eminent deal.
0:35
Speaker 3: Most of the topics on the negotiating table have been
0:37
Speaker 3: agreed upon. That's true, However, it cannot yet be confirmed
0:41
Speaker 3: that a final agreement will be signed, nor party can
0:44
Speaker 3: make a claim at the stage.
0:45
Speaker 2: Also, if you don't get the enriched uranium, what was
0:48
Speaker 2: the point of going in in the first place? On
0:49
Speaker 2: the Strait, As I've always said, as it's always been known,
0:52
Speaker 2: the war is one thing, the Strait quite another. Now
0:55
Speaker 2: been closed for four months.
0:56
Speaker 4: Why should Iran be the one to manage the Strait
0:59
Speaker 4: of horor news? Because we don't want a military invasion
1:02
Speaker 4: in the Persian Gulf. We have stopped the invasion. We
1:05
Speaker 4: have stopped the insecurity. The Straight of hor News is
1:09
Speaker 4: closed for the prevention of insecurity and military invasion.
1:12
Speaker 2: Brent Crude Future is down six percent on the news.
1:15
Speaker 2: Pretty solid thing on the table, is how Rubio described it.
1:19
Speaker 5: Well, we have it what I think is a pretty
1:20
Speaker 5: solid thing on the table in terms of their ability
1:23
Speaker 5: to open up the streets, get the streets open. As
1:25
Speaker 5: the President said, he's not in a hurry. He's not
1:27
Speaker 5: going to make a bad deal. I mean, the President's
1:28
Speaker 5: not going to make a bad agreement.
1:30
Speaker 2: Now let's go to Scotland. So the former National Party
1:33
Speaker 2: chief there, his name is Peter Murrell. He's admitted to
1:35
Speaker 2: embezzling more than four hundred thousand pounds from his party
1:40
Speaker 2: over more than a decade. How did no one notice?
1:44
Speaker 2: The estranged husband of the former First Minister, Nichola Sturgeon,
1:47
Speaker 2: pleaded guilty in court in Edinburgh. He's in custody now.
1:50
Speaker 6: It's totally immoral and the fact that money went missing
1:54
Speaker 6: and there was no accountability and that people have to
1:57
Speaker 6: be held accountable for that actions and it was absolutely
2:00
Speaker 6: thanks the money had been stored.
2:01
Speaker 2: What they buy luxury goods, cars, even a motor home.
2:05
Speaker 2: Last week it was the university students. Now Pope Leo
2:08
Speaker 2: is having a crack at AI.
2:09
Speaker 7: Artificial intelligence needs to be disarmed. The word is strong,
2:14
Speaker 7: I know, but deliberately chosen because this moment needs words
2:19
Speaker 7: capable of attracting attention, awakening consciences and indicating paths forward
2:26
Speaker 7: for humanity.
2:27
Speaker 2: Honestly, stick to love in Jesus. Finally, this morning gen
2:30
Speaker 2: Z the cockroach people movement is taking off in India.
2:34
Speaker 2: Supreme Court judge there has described unemployed young people as
2:37
Speaker 2: cock croaches and parasites.
2:41
Speaker 8: They don't get any employment, they don't have any place
2:43
Speaker 8: in profession.
2:44
Speaker 2: Some of them become media, some of them become social media.
2:47
Speaker 2: So then addressing up as cock croaches in protests when
2:51
Speaker 2: what they really should be doing, of course, is getting
2:53
Speaker 2: a job.
2:54
Speaker 1: Currett First, Ryan Bridge on early edition with Spark for
2:59
Speaker 1: business tech that keeps business moving news talks that'd.
3:02
Speaker 2: Been nine after five, nine ninety two is the number
3:05
Speaker 2: to text. There is a buon fight going on. It
3:07
Speaker 2: all can council at the moment, which is not unusual,
3:09
Speaker 2: but this one affects us and it affects us quite greatly.
3:12
Speaker 2: If you ask me, three hundred and twenty dollars a
3:14
Speaker 2: year extra is how much they want to put on
3:16
Speaker 2: your rates bill. That's the average, three hundred and twenty
3:20
Speaker 2: dollars a year extra. That's six bucks a week. And
3:23
Speaker 2: so what are they fighting about. Well, Wayne is actually
3:27
Speaker 2: wanting to put the rates up higher than now apparently
3:30
Speaker 2: majority of the counselors. So there's a vote happening today.
3:33
Speaker 2: It's all going to come to a head. The pimple
3:34
Speaker 2: will be popped, the boil will be lanced. But at
3:39
Speaker 2: the moment as it stands, it's eight percent for Wayne,
3:42
Speaker 2: that's your increase for the year. And the dissenters they
3:45
Speaker 2: reckon there's twelve out of twenty wants six percent. So
3:49
Speaker 2: is it eight percent? Is it six percent? The most
3:52
Speaker 2: of the cost of the eight percent is doing the CRL,
3:55
Speaker 2: running the railway. That's the cost. But there are other
3:58
Speaker 2: costs included. And this is interesting that one of the
4:02
Speaker 2: councilors has come out and said some of those other
4:04
Speaker 2: costs that we could cut back on. We could put
4:08
Speaker 2: a freeze on filling non essential staff vacancies for one year.
4:12
Speaker 2: Hell yes, do it? Non essential travel. Hell, yes, do it.
4:18
Speaker 2: Non essential advertising. Probably not good for business if you're
4:21
Speaker 2: in the media game, which we are, but I'll take it.
4:24
Speaker 2: Let's do it. Subscriptions and ceremonies. How many ceremonies do
4:28
Speaker 2: you need? How many ribbons does a politician local politician
4:32
Speaker 2: really need to cut? Well, not enough to justify six
4:35
Speaker 2: dollars extra a week on your rates bill, I would
4:37
Speaker 2: have thought. So let's get rid of that too. The
4:40
Speaker 2: other thing that raising is the you know, the green
4:43
Speaker 2: food scrap bin that you've got outside your house that
4:45
Speaker 2: you don't put outside your house because you don't use it.
4:47
Speaker 2: It's just sitting inside the fence. That could be scrapped
4:51
Speaker 2: as well under these proposals. So we'll see where that
4:54
Speaker 2: gets to today. The thing that annoys me every time
4:57
Speaker 2: this happens is they go, oh, well it's own the price.
5:00
Speaker 2: You know, six dollars a week. They say, well, that's
5:02
Speaker 2: only a cup of coffee a week. One who can
5:04
Speaker 2: afford to buy a cup of coffee a week these days? Two?
5:08
Speaker 2: If you added up all the cups of coffee that
5:10
Speaker 2: every politician local and central had told you that, it's
5:14
Speaker 2: only a couplic you know, the pennies add up and
5:17
Speaker 2: before you're not you've been pounded, Ryan Bridge, even after
5:21
Speaker 2: five news talks. Hebb coming up next, we're talking about
5:24
Speaker 2: the cruise ship numbers dropping off before the news breaks.
5:28
Speaker 1: Here it first, Ryan Bridge on early editions with sparks
5:32
Speaker 1: for business technology that keeps business moving NEWSTALKSB five thirteen.
5:37
Speaker 2: Things going from good to good for dairy farmer's ra.
5:39
Speaker 2: Bu Banks got its forecast out twenty six to twenty seven,
5:42
Speaker 2: another strong one. They reckon it. By the way, the
5:44
Speaker 2: current season ends on May thirty first, that will be
5:47
Speaker 2: a record high. The opening Fonterra price they're estimating will
5:51
Speaker 2: be nine to fifty to ten bucks for the forthcoming season. However,
5:56
Speaker 2: margins are still squeeze, so inflation is pushing up costs
5:58
Speaker 2: on farm and that is mean that the margins are
6:00
Speaker 2: getting squeezed, so that's not necessarily a good thing. However,
6:04
Speaker 2: there is a sort of a silver lining, if you
6:06
Speaker 2: can call it that to the disruption in the straight
6:08
Speaker 2: of horn moves is the fact that other countries will
6:10
Speaker 2: bring ford demand. You know, they all worry about security,
6:13
Speaker 2: so they bring ford orders, so that might push the
6:15
Speaker 2: price up even further. Fourteen after five. We've got a
6:19
Speaker 2: three percent drop in port calls from cruise ships this season,
6:22
Speaker 2: forty one less for the North but an extra twenty
6:24
Speaker 2: three for the South. We lost two hundred and fifty
6:27
Speaker 2: last year on the year before, Wellington down twenty four percent.
6:30
Speaker 2: Todd Barbarall, General Manager Wellington and Z with us this morning.
6:34
Speaker 2: Hey Todd, good morning Ryan. How are you very well?
6:37
Speaker 2: Thank you? How bad is it in Wellington right now?
6:39
Speaker 9: From your perspective, Look, I think there's a lot of
6:43
Speaker 9: negativity that's coming around in media about cuts and the like,
6:47
Speaker 9: but I also look at some glimmers of hope when
6:50
Speaker 9: I think of Wellington at the moment over the last
6:52
Speaker 9: international visitor season to March. You know, we've had an
6:56
Speaker 9: increase in visitors, but have an increase in spend we've
6:59
Speaker 9: had domestically. From a city perspective, opening of Tat and
7:04
Speaker 9: Tanaco Square, it just feels like there's actually some positive
7:07
Speaker 9: momentum coming. So when we face these challenges of cruise lines,
7:10
Speaker 9: which they make decisions a couple of years out, it's
7:12
Speaker 9: one that we just need to balance against some of
7:14
Speaker 9: our long term objectives.
7:15
Speaker 2: When you say that you're international visiting numbers are up.
7:19
Speaker 2: Are you back up over pre COVID yet? For Wellington?
7:22
Speaker 9: Not quite, But what we do know is that the
7:25
Speaker 9: spend that we're having is increasing. So for Wellington, for instance,
7:30
Speaker 9: we are getting more spin out of our international visitors,
7:32
Speaker 9: particularly the Americans, the Chinese, we can longest stay from
7:35
Speaker 9: a UK and European. So while we haven't quite got
7:38
Speaker 9: the visit of numbers back, the spend is definitely approaching
7:41
Speaker 9: to the previous numbers we had before COVID.
7:44
Speaker 2: Are you getting everyone's getting slammed with aussi's? Are you
7:46
Speaker 2: getting the aussi's and Wellington?
7:49
Speaker 9: Well, we love Australian's to be fair, we know that
7:51
Speaker 9: we're a great destination for a long extended break over weekends.
7:55
Speaker 9: But now with some of the boost funding the governments provided,
7:58
Speaker 9: we've been able to focus on getting people on things
8:00
Speaker 9: like the place in the Zealand Wine Trail which heads
8:02
Speaker 9: up to Hawk's Bay, the Wire and to Marlborough and
8:05
Speaker 9: destinations like that, or touring Root's like that is quite
8:08
Speaker 9: an attractive proposition. So the more Australians that can come,
8:11
Speaker 9: we welcome them.
8:12
Speaker 2: What does the twenty four percent down on the cruise
8:15
Speaker 2: ship port calls. What does that actually mean? Do you
8:18
Speaker 2: know how much less that will mean for the economy?
8:22
Speaker 9: Not precisely, because I mean we've averaged about seventy million
8:26
Speaker 9: dollars from cruise over the past number of years. And
8:29
Speaker 9: just because it's reduction in vessels isn't necessarily a step
8:34
Speaker 9: down in the spend as such. And the reason I
8:37
Speaker 9: say that, Ryan, is that sometimes what they see with
8:40
Speaker 9: cruise isn't necessary proportional to spend, so the bigger vessels
8:44
Speaker 9: don't always necessarily have the largest spend.
8:48
Speaker 2: Good stuff, Todd, Nice to see you, Todd, Barbara or
8:50
Speaker 2: general manager at Wellington and Z. It is seventeen minutes
8:53
Speaker 2: after five. You're on News Talk SEDB. Still lots to come,
8:57
Speaker 2: including we're going an update on international conferences. You've got
9:00
Speaker 2: christ Church Convention Center, you got your Auckland Convention Center.
9:03
Speaker 2: Everybody is coming here. Everybody loves the conference. We'll talk
9:06
Speaker 2: about that. I also want to play for you a
9:07
Speaker 2: little bit of audio from a World War Two vet
9:10
Speaker 2: who has spoken over in America burst into tears when
9:14
Speaker 2: he was doing. This's gone viral with all the young
9:16
Speaker 2: ones online news talks, AB news and views.
9:21
Speaker 1: You trust to start your Day. It's early edition with
9:24
Speaker 1: Ryan Bridge and Spark for business Technology that keeps Business.
9:28
Speaker 2: Moving News Talks, AB nineteen after five. Did anyone else
9:33
Speaker 2: just burst into tears watching the news last night? I
9:35
Speaker 2: don't know whether you were watching one news, but sadly,
9:38
Speaker 2: with the passing yesterday of Dame Jewele's Top Top Twins,
9:41
Speaker 2: Dame Linda, her sister, was given a note by Jules
9:46
Speaker 2: on her deathbed, and inside the note was a message,
9:50
Speaker 2: and the message said, can you please read this out
9:52
Speaker 2: to New Zealand. I want you to thank New Zealand
9:55
Speaker 2: on behalf of us, because New Zealand are the ones
9:57
Speaker 2: that made.
9:57
Speaker 4: Us to forget chance Linder.
10:01
Speaker 2: Could you thank New Zealand for me.
10:04
Speaker 10: And so.
10:07
Speaker 2: We now New Zealand.
10:10
Speaker 11: I'd just like to thank you for being there for
10:14
Speaker 11: us for over forty years.
10:17
Speaker 2: We couldn't have done on without you.
10:20
Speaker 12: He made us who we are, He made us to
10:22
Speaker 12: the top of Twins.
10:23
Speaker 2: And the Top Twins are iconic in New Zealand. They
10:27
Speaker 2: are up there with your Billy T. James, They're up
10:30
Speaker 2: there with your John Clark's Fred Daggs. You know, in
10:34
Speaker 2: my mind they are absolutely icons of this country. And
10:37
Speaker 2: I am very very sad to hear of Dame Jules's
10:40
Speaker 2: passing and what a lovely message from her sister Linda.
10:43
Speaker 2: Twenty one, after five news talks, heb international business events
10:47
Speaker 2: bouncing back almost at pre COVID levels now stats in
10:50
Speaker 2: Dad says fifty percent jumping overseas delegates in Q one.
10:53
Speaker 2: That's sixteen and a half thousand people. What's it worth
10:56
Speaker 2: fifty four million bucks? Thank you very much. Leanne Watson,
10:59
Speaker 2: Chief Execs Kind of Business, Canterbury, Good morning.
11:02
Speaker 10: Good morning Ryan.
11:04
Speaker 2: What's driving the increase?
11:07
Speaker 9: Oh?
11:07
Speaker 10: Look, I think New Zealand is certainly a great place
11:10
Speaker 10: to come right now. It's a safe haven. We've got
11:12
Speaker 10: some amazing convention centers now right across the country, and
11:16
Speaker 10: so you know, people are wanting to get out to
11:18
Speaker 10: New Zealand and it's a great place to come and
11:20
Speaker 10: have a conference and it's getting easier to get to
11:23
Speaker 10: and it's really great to see the year on your
11:25
Speaker 10: increase across the country that you know, these events make
11:27
Speaker 10: a significant contribution to the economy, as you've just outlined.
11:30
Speaker 2: What about the events centers that we've got the christ
11:33
Speaker 2: Church Events Center, we've got the Auckland International Convention Center,
11:37
Speaker 2: do these things make a difference in actually dragging people.
11:39
Speaker 10: Here, Well, they absolutely do. And you know we've seen
11:45
Speaker 10: a number of direct flight increases as well. Obviously they
11:49
Speaker 10: announce the Bay in New Zealand last week with the
11:50
Speaker 10: three direct flight increases from Singapore, Tokyo and Perth. Those
11:54
Speaker 10: sorts of things make a difference because it's just easier
11:56
Speaker 10: to come to. But having those sort of world class
11:59
Speaker 10: facilities available in the three main centers, I think, you
12:03
Speaker 10: know again, gives people choices. It makes it easy for
12:07
Speaker 10: those involved in you know, organizing these big international delegations
12:11
Speaker 10: to have a choice. Obviously in christ Church, you know
12:13
Speaker 10: we've been up and running for about four years and
12:17
Speaker 10: you know, to Buy Conventions Center contributes about around seventy
12:20
Speaker 10: seven million to national GDP annually in about sixty three
12:23
Speaker 10: million of that goes to the Canary region. So you know,
12:26
Speaker 10: this is significant and these are the sorts of things
12:28
Speaker 10: that we need to continue to attract to this country.
12:30
Speaker 2: Lean do these people who come here and do their
12:32
Speaker 2: conference and they fly and fly out, do they ever
12:35
Speaker 2: come back? Like do we is it a chance to
12:38
Speaker 2: you know, give them a bit of a little strip
12:40
Speaker 2: tease and they come back for the full Monty.
12:43
Speaker 10: Look absolutely, and I think you know, the important thing
12:46
Speaker 10: to note here too is when we do have international
12:51
Speaker 10: delegates in the country, they do tend to spend more
12:54
Speaker 10: than the domestic tourists. You know, for example in Canterbury,
12:57
Speaker 10: So those out of region delegates spend on average aroun
13:00
Speaker 10: four hundred and ninety six dollars per day while in
13:02
Speaker 10: the region, and many of them, as you say, douce
13:04
Speaker 10: day for a couple of days. You know. One of
13:06
Speaker 10: the probably the disadvantages of New Zealand is it is
13:09
Speaker 10: a long way to come for a lot of people,
13:11
Speaker 10: and so you know, rather than just come for two
13:13
Speaker 10: or three days of a conference, we do find that
13:14
Speaker 10: they might stay for an extra two or three days,
13:17
Speaker 10: and for many of them it can be the first
13:18
Speaker 10: time they've actually come into the country. So it's a
13:21
Speaker 10: great opportunity to really showcase astudies in region to those
13:24
Speaker 10: people at the same time and hopefully trap them back.
13:26
Speaker 2: Nice one Land Watson, Chief Executive Business Canterbury. It is
13:29
Speaker 2: twenty three after five Brian Bridge Space races on again.
13:34
Speaker 2: China is sending three astronauts. Interesting who they're sending. They're
13:38
Speaker 2: sending them to their Shenzhal twenty three mission is part
13:41
Speaker 2: of their effort to land people on the Moon by
13:42
Speaker 2: twenty thirty. So China wants to be on the Moon
13:45
Speaker 2: by twenty thirty. They want to beat the Artemis program,
13:49
Speaker 2: which is the Americans. They've sent one Chinese astronaut who
13:53
Speaker 2: will spend the year in orbit. That will be the
13:55
Speaker 2: national record. No Chinese person has ever spent that long
13:58
Speaker 2: in space in orbit, and they're sending another guy from
14:03
Speaker 2: Hong Kong, first person to ever go there from Hong Kong,
14:06
Speaker 2: a former cop. Twenty four after five, the Enhanced Games debate.
14:11
Speaker 2: Next the early.
14:12
Speaker 1: Edition Full The Show podcast on iHeartRadio powered by Newstalk.
14:16
Speaker 2: ZIB News Talks MB. It is twenty six minutes after five.
14:20
Speaker 2: Some guy won a million bucks for swimming fifty meters
14:23
Speaker 2: in a pool with a wetsuit on.
14:26
Speaker 13: A columb prom on record record who record Priscian column
14:37
Speaker 13: of twenty point eight one. We've got a two million
14:42
Speaker 13: dollar man.
14:43
Speaker 8: He wins a million dollars last year.
14:45
Speaker 13: He comes to the Hands Games and he sets it again.
14:49
Speaker 2: There you go, I know, right, awesome. Should be stoked
14:52
Speaker 2: to the guy. He's Greek, he's an athlete, he broke
14:54
Speaker 2: a world record problem as he was taking part in
14:57
Speaker 2: the Performance Enhancing Drugs Games, the Enhanced Games, and was
15:02
Speaker 2: wearing a wetsuit that was not legit, like you wouldn't
15:04
Speaker 2: get away with wearing it at the Olympics. But what
15:07
Speaker 2: I can't understand is the backlash, the tut tutting from
15:10
Speaker 2: the medical professionals and the sporting bodies. They're upset for
15:13
Speaker 2: two reasons. One, these athletes are in their words, potentially
15:17
Speaker 2: putting themselves at risk medically long term. Two, it undermines
15:21
Speaker 2: traditional non doping sports. Well, on the first point, isn't
15:26
Speaker 2: that a bit rich? Isn't it a bit hypocritical for
15:29
Speaker 2: the medical fraternity who relies on medical trails of patients
15:33
Speaker 2: with sometimes unknown long term consequences and risks to be
15:36
Speaker 2: tut tutting here? This Greek guy just made a million bucks.
15:40
Speaker 2: That's money he can feed his family with and change
15:43
Speaker 2: his life. Are we really going to judge? And as
15:45
Speaker 2: for the sport argument, name me a sport that doesn't
15:48
Speaker 2: result in long term injuries or medical problems down the line,
15:52
Speaker 2: except for maybe competitive walking, especially at a professional level.
15:56
Speaker 2: Is boxing one hundred percent safe? Can rugby claim no concussions.
16:01
Speaker 2: How many horse riders do you know are in wheelchairs?
16:05
Speaker 2: I'm not saying these things are wrong or there's anything
16:08
Speaker 2: wrong with it about all wrong with sport being dangerous
16:10
Speaker 2: In general, it's human nature. We love challenging ourselves and
16:14
Speaker 2: sometimes that challenge can lead to damage or death. Were
16:16
Speaker 2: thrill seekers essentially, aren't we us? Humans? The enhanced games
16:20
Speaker 2: are basically that on steroids. Literally, if you don't like it,
16:24
Speaker 2: don't watch it. But don't judge a guy banking a
16:26
Speaker 2: million bucks for going for a swim ray and bridge.
16:31
Speaker 2: Twenty eight minutes after five year on news talks, there'd
16:33
Speaker 2: be Trump is speaking at Memorial Day. We'll get to
16:36
Speaker 2: some of that little later on. We're also going to
16:38
Speaker 2: get to Donna in Australia. Over in Australia, by the way,
16:41
Speaker 2: we have been following their budget. Look, it's been a shambles.
16:47
Speaker 2: Can we say? Every day Elbow is coming out and
16:51
Speaker 2: hosing down another angle to his capital gains tax and
16:55
Speaker 2: what yesterday? I told you that the plan was to
16:58
Speaker 2: just exempt the tech startup so no everyone else get
17:02
Speaker 2: will copy it. But the tech startups, for some bizarre reason,
17:05
Speaker 2: they are going to be fine. We'll give it to
17:07
Speaker 2: a carve out for them. They're doing the carve out
17:09
Speaker 2: this week. Now this morning we wake up elbows opened
17:13
Speaker 2: the door to everyone again. So maybe we'll do a
17:16
Speaker 2: carve out for all startups, not just tech startups. How
17:21
Speaker 2: many times can you patch up a bruised and battered
17:24
Speaker 2: dog that It's only two weeks old this budget by
17:27
Speaker 2: the way, So anyway, bat'll all play out Thursday, Australia.
17:31
Speaker 2: Next News Talk, said.
17:32
Speaker 1: B Bryan Bridge on early edition with sparks for business
17:41
Speaker 1: technology that keeps business moving News Talks edb.
17:52
Speaker 2: A very good morning. It is twenty four minutes away
17:54
Speaker 2: from Sexer on News Talks. Hebe coming up. We'll look
17:57
Speaker 2: at the government's gas bank loans. We'll get to Australia
17:59
Speaker 2: with Donald to lots to come, just one thing. Lots
18:02
Speaker 2: of texts actually coming in for the passing of jewels top.
18:05
Speaker 2: And I'm very very sad, and I'm sure you were
18:07
Speaker 2: if you were watching the news last night, balling your
18:09
Speaker 2: eyes out as Linda read out the message on behalf
18:11
Speaker 2: of her sister. Ryan. They are real people and they
18:14
Speaker 2: represent us beautifully and have done on the world stage. Ryan,
18:18
Speaker 2: my heartbreaks. I know I feel all of that too
18:20
Speaker 2: this morning. Ryan, Maybe if the council this is in
18:23
Speaker 2: Wellington stopped wasting money on bike lanes, speed humps and
18:27
Speaker 2: pointless roadworks, I'd say there are savings to be made there. Yes,
18:31
Speaker 2: I agree with you. This is a big bunfight happening
18:33
Speaker 2: in Auckland. It's going to there's a council meeting happening today.
18:36
Speaker 2: It's the difference between an eight percent rate rise for
18:38
Speaker 2: you Aucklanders and a six percent rate rise for you Aucklanders.
18:42
Speaker 2: And the difference will be, you know, a couple of
18:45
Speaker 2: dollars a week, but it's a couple of dollars a
18:47
Speaker 2: week that you could be spending on something that you
18:49
Speaker 2: want to spend it on or need to spend it on,
18:52
Speaker 2: not something that someone else decides should be spent on.
18:55
Speaker 2: Just while we're on this, very briefly, I was reading
18:57
Speaker 2: an article. It was in the Economist at the week. It
19:00
Speaker 2: was talking about just the amazing resilience of the US economy,
19:04
Speaker 2: like Trump has thrown tariffs at it, Trump has thrown
19:07
Speaker 2: all sorts of stuff at that was you know, oil
19:10
Speaker 2: price shocks, and it just keeps growing. It's the little
19:14
Speaker 2: lill big engine that could two percent. They're growing and
19:17
Speaker 2: at the moment they reckon without all that Trump stuff,
19:19
Speaker 2: they call it the mag attacks, it'll probably be more
19:21
Speaker 2: like three percent. And a lot of this is AI
19:23
Speaker 2: like stock markers doing well. But one of the secrets
19:26
Speaker 2: to their source is their federal system. So where you've
19:29
Speaker 2: got states, So if you've got a business, you need
19:32
Speaker 2: dynamic environments for business. So if you've got a state
19:35
Speaker 2: that's taxing you too much, New York California, you just jump,
19:39
Speaker 2: you just state jump and move your business to a
19:41
Speaker 2: state where there are fewer regulations, there is less tax
19:44
Speaker 2: and you can go ahead and do what you do best,
19:46
Speaker 2: which is making money. That is part of the secret
19:49
Speaker 2: to the American economy. And we just don't have that here,
19:52
Speaker 2: do we. But what I reckon that Christ the South
19:54
Speaker 2: Island should do, because I've been thinking about how appealing
19:57
Speaker 2: Christ churches. We've just heard in the news. You can
19:59
Speaker 2: fly to Tokyo, you can plan of the Islands, you
20:00
Speaker 2: can fly to Asia. I mean, you've got all your
20:03
Speaker 2: links there, you've got your new stadium, beautiful place you need.
20:06
Speaker 2: I say more, The South Island should be and it
20:09
Speaker 2: should annex itself from the North and you should become
20:13
Speaker 2: your own free state, and you should cut your taxes.
20:16
Speaker 2: You should get big international corporations in build the skyscrapers
20:21
Speaker 2: in the South Island and get the job done. Twenty
20:25
Speaker 2: one away from.
20:26
Speaker 1: Six crain Bridge.
20:27
Speaker 2: What do we think about that? Idea? Nine ninety two
20:30
Speaker 2: is the number to text. Right, let's go to our reporters,
20:32
Speaker 2: come and toned morning, callum all right. Queenstown cracking down
20:36
Speaker 2: on drivers who don't fit chains.
20:39
Speaker 14: Yeah, big fines on the way this winter for murderists
20:42
Speaker 14: who fail to fit chains on our alpine roads. They
20:46
Speaker 14: could be facing a seven hundred and fifty dollars fine
20:48
Speaker 14: for the first time. The Queenston Lakes District Council issuing
20:53
Speaker 14: this reminder to drivers to take extra care and be
20:55
Speaker 14: prepared to fit chains when the conditions require, and police
20:59
Speaker 14: will shoe these infringements, but they say they'll begin with
21:02
Speaker 14: an education first approach alongside council. Council says this enforcement's
21:06
Speaker 14: all about keeping the key routes clear because what happens
21:09
Speaker 14: is these stuck vehicles delay the grit trucks and the
21:11
Speaker 14: road clearing crews and they can't get to the job
21:15
Speaker 14: at hands. So drivers urge to check conditions before traveling,
21:18
Speaker 14: allowing extra time and pullover and safely fit chains before
21:22
Speaker 14: those icy sections.
21:23
Speaker 2: All right, good stuff. How's the weather? And to name
21:26
Speaker 2: but o rain this morning?
21:27
Speaker 14: Should clear this afternoon, it says the highju just twelve today.
21:30
Speaker 2: Nice one cheers Callum clear and christ Its morning, Claire,
21:32
Speaker 2: good morning. How close is Selwyn District are becoming a city?
21:36
Speaker 11: Well, it feels like we edge closer to that every day.
21:38
Speaker 11: Selone District councils embracing this continued growth. There are thousands
21:42
Speaker 11: more homes coming into the area. We know four and
21:44
Speaker 11: a half thousand are coming to the west Haven subdivision
21:47
Speaker 11: in Rolliston. Darfield is also set for major expansion. There's
21:51
Speaker 11: plans there for a seven hundred home development. The mayor
21:54
Speaker 11: for Selwyn, Lydia Glidden, says there's no doubt Salwyn's on
21:57
Speaker 11: track to eventually become a city in its own right.
22:00
Speaker 11: I should take about thirty years or so, though she
22:02
Speaker 11: is focused with that in mind on making decisions about
22:05
Speaker 11: the long term future of the district. Glidden says planning
22:08
Speaker 11: decades ahead is very challenging at the moment in a
22:11
Speaker 11: high growth district, especially when council can't control every factor,
22:15
Speaker 11: but she does want to ensure that growth pays for
22:17
Speaker 11: growth and it doesn't end up impacting ratepays in a
22:20
Speaker 11: negative way.
22:21
Speaker 2: Claire, what do you think about cutting the South Island
22:23
Speaker 2: off from the north.
22:24
Speaker 11: Oh, it sounded like someone who wanted to move to
22:26
Speaker 11: christ Church from what I heard Ryan. But I think
22:28
Speaker 11: it's a great idea.
22:29
Speaker 15: I told you we're streaking ahead.
22:31
Speaker 2: Yeah, I know, and see Grant says us in the
22:33
Speaker 2: South Rhine have been saying this for years. Cut the
22:35
Speaker 2: cables so to speak.
22:37
Speaker 11: Now we've known it.
22:38
Speaker 2: That's it.
22:38
Speaker 15: You're all just learning it up there.
22:40
Speaker 2: Do you know what I would do? I would jump
22:42
Speaker 2: on a plane and I would get down there to
22:43
Speaker 2: become a citizen before you did the change, because.
22:46
Speaker 11: Well if I get the inside word, I'm not allowed
22:48
Speaker 11: to do this in journalism, but I'll give you a
22:50
Speaker 11: heads up.
22:50
Speaker 2: Okay, thank you. How's your were the Claire?
22:52
Speaker 11: Mostly cloudy, some scattered rain about later today. Southwesterly is
22:55
Speaker 11: developing and we should reach thirteen nice one.
22:58
Speaker 2: Thank you morning. Adam Wellington. Another Wellington Seaside road to
23:03
Speaker 2: be upgraded to protect it from erosion.
23:05
Speaker 8: And it's right this latest project is on the northeast
23:07
Speaker 8: side of Mirima Peninsula here in the Capitol. Now more
23:10
Speaker 8: than two hundred meters of massy roads needs work on
23:13
Speaker 8: its seawall to maintain the support or maintain support of
23:16
Speaker 8: the road above. So this is pretty big work. It
23:18
Speaker 8: means the road is going to be shutting from next
23:20
Speaker 8: week through till October. It's known as a bit of
23:22
Speaker 8: a scenic waterfront drive, so Sunday drivers may have to
23:25
Speaker 8: find a different road to cruise around on for the
23:28
Speaker 8: next few months. It includes a new concrete wall being built,
23:31
Speaker 8: reinstatement of roads and habitats, and improved drainage. Not cheap though,
23:35
Speaker 8: three point four million dollars the bill for this one,
23:38
Speaker 8: and it of course comes after we have this new
23:40
Speaker 8: cycle and walking path that's just opens between Nottinga and Potoni,
23:43
Speaker 8: built mostly to protect the railway lines and the motorway
23:46
Speaker 8: between Wellington and the Hut.
23:48
Speaker 2: That one came in.
23:48
Speaker 8: It's three hundred and forty eight million, So not cheap
23:51
Speaker 8: to safeguard these seaside roads.
23:53
Speaker 2: No, it's certainly not. How's your weather.
23:55
Speaker 8: Fine with high cloud today?
23:56
Speaker 4: Anna?
23:56
Speaker 2: Hi fifteen, nice one, Thank you neither, Good morning, Good morning,
24:00
Speaker 2: district health boards. The former CEO got some issues.
24:04
Speaker 15: Yes, now, look the former CEO of what was You're
24:08
Speaker 15: quite right, the organ district Health board is speaking out.
24:10
Speaker 15: This is about the treatment of her late husband in
24:13
Speaker 15: dementia care. So ales are clear now. She's claiming that
24:17
Speaker 15: her husband, Alan Jones, was skeletal, skeletal and groaning in pain.
24:22
Speaker 15: This is during his final days in twenty twenty three
24:25
Speaker 15: at Booper North Haven Care Home. So the Deputy Health
24:28
Speaker 15: and Disability Commissioner, that's Rose Wall. She has ruled that
24:31
Speaker 15: the care he received was inadequate. And Claire has also
24:35
Speaker 15: told The Herald that there should be a single agency
24:37
Speaker 15: for people to report neglect to. She says, look, lots
24:40
Speaker 15: of organizations, they have little bits of the picture, but
24:43
Speaker 15: there's really no place that puts it all together. Now,
24:46
Speaker 15: we do know that Booper's acknowledged its carefel short and
24:50
Speaker 15: are saying that the facility is now under new management.
24:52
Speaker 2: All right, How's how's our weather?
24:54
Speaker 15: Never fine with high cloud some areas of early morning fog.
24:58
Speaker 15: Seventeen is the high here in Auckland.
24:59
Speaker 2: Today, brilliant. It is seventeen minutes away from six year
25:03
Speaker 2: On news talks, they'd be great to have your company
25:05
Speaker 2: this morning. Ryan. I love listening to you. But that's
25:07
Speaker 2: the silliest idea about the South Island I have ever heard.
25:12
Speaker 2: This is coming from an Aucklander. Leave the South Island alone. Yes,
25:16
Speaker 2: I know your idea was in jest, says Glen Glenn.
25:18
Speaker 2: No it wasn't. I'm deadly serious if I was. Well,
25:23
Speaker 2: what I'm saying is if I was a South Islander.
25:25
Speaker 2: If I was a Mainlander, you could call it Mainland
25:28
Speaker 2: New Zealand. That would be a great name. If I
25:31
Speaker 2: was a South Islander, I would be wanting to cut
25:33
Speaker 2: us off like a cancer. Sixteen to six. For many businesses,
25:39
Speaker 2: banking decisions are rarely just about rates and fees. It's
25:42
Speaker 2: more than that. It's about judgment. It's about trust and
25:45
Speaker 2: whether your bank actually understands how your business operates. A
25:48
Speaker 2: lot of New Zealand businesses say values play a big
25:51
Speaker 2: role and how they make decisions day to day, which
25:54
Speaker 2: is why relationships still matter, especially when things aren't straightforward.
26:00
Speaker 2: Where Kiwibank has been doing things differently, you want to
26:03
Speaker 2: check them out. It's business. Bank puts a strong emphasis
26:07
Speaker 2: on staying close to clients. Rallying a team to put
26:10
Speaker 2: a strong deal together and making decisions with long term
26:13
Speaker 2: in mind. That relationship led approaches enabled Kiwibank to compete
26:17
Speaker 2: for and win more complex business Relationships with depth of
26:21
Speaker 2: understanding and long term value matter as much as the
26:24
Speaker 2: deal itself for businesses thinking differently about the role that
26:28
Speaker 2: their bank plays. Kiwibank's relationship first model is another example
26:32
Speaker 2: of how it's quietly changing the status quo. You might
26:35
Speaker 2: have noticed this. To learn more, visit the Kiwi Bank
26:39
Speaker 2: Business Banking website and see how they could help your
26:42
Speaker 2: business today.
26:44
Speaker 1: International correspondence with Ends and Eye Insurance Peace of mind
26:47
Speaker 1: for New Zealand business.
26:50
Speaker 2: Dono de mayo. It is twelve away from six, our
26:52
Speaker 2: Australia correspondent on a good morning. Good to have you here.
26:56
Speaker 2: Let's talk about One Nation, the rise and rise of
26:58
Speaker 2: one Nation. We know about that the polls now, I
27:01
Speaker 2: mean labors sort of trying to fight back.
27:04
Speaker 16: Oh interesting. The latest research from Redbridge Group and Accent
27:08
Speaker 16: Research is predicting that One Nation could become the federal
27:12
Speaker 16: opposition if the election was held now, it could win
27:16
Speaker 16: up to fifty nine seats according to this latest polling.
27:19
Speaker 16: So Labor interestingly, is now asking for help and donations
27:24
Speaker 16: to stop this incredible rise of one nation. Federal Labor
27:28
Speaker 16: has now taken out advertisements and this is after these
27:32
Speaker 16: polling projections we just mentioned. So, you know, this minor
27:35
Speaker 16: party is really growing in popularity according to polls and
27:38
Speaker 16: you know, according to a lot of commentators, and it
27:41
Speaker 16: looks like it's going to get some really strong support
27:44
Speaker 16: in some key electorates. So the Labour's taken out these
27:48
Speaker 16: ads asking for supporters to chip in even ten bucks,
27:52
Speaker 16: maybe twenty seven dollars, which is a really random amount,
27:56
Speaker 16: and they're saying that.
27:57
Speaker 17: This is to prevent one nation from turning this polling
28:02
Speaker 17: momentum into seats, and Labor has said that they're building
28:05
Speaker 17: the campaign that is needed to respond now before things escalate.
28:10
Speaker 2: It is random twenty seven dollars. Is that because one
28:13
Speaker 2: nation's on twenty seven percent or something?
28:15
Speaker 16: You know, I have no idea.
28:18
Speaker 2: Hey, their budget's not going down very well, is it either? Well,
28:22
Speaker 2: from what I've been reading, is that what the feeling
28:24
Speaker 2: you're getting?
28:26
Speaker 16: Oh well, I mean everyone is reeling from a few
28:29
Speaker 16: of those budget announcements and they're still sort of like
28:33
Speaker 16: dissecting it and you know, yeah, there's been ongoing discussion
28:38
Speaker 16: about the impact of labor's budget, so you know, and
28:43
Speaker 16: a lot of a lot of not quibbling, but just
28:46
Speaker 16: interesting debates as to where the labor's getting it right.
28:50
Speaker 2: At the moment, stuff done And to Mayo our Australia
28:52
Speaker 2: correspondent time as ten to sex government stepping into guarante
28:56
Speaker 2: all bank loans to get the profitable businesses off gas.
29:00
Speaker 18: Spaghetty Fund was hundreds of millions of dollars handed out
29:04
Speaker 18: willy nilly at the behest of a minister. This is
29:08
Speaker 18: commercial banks determining who is credit worthy and making loans
29:12
Speaker 18: so that firms can invest their own money in the transition.
29:16
Speaker 2: So this is how it works. Government underwrites eighty percent
29:19
Speaker 2: of the loan banks can offer cheaper rates individual loans
29:22
Speaker 2: being capped at fifty million. Taxpayers exposure is max fifty
29:25
Speaker 2: million for bad debts. Catherine Baird Business and Z Catherine,
29:28
Speaker 2: good morning, Good morning. What rates were the banks offering
29:32
Speaker 2: for this kind of work to be done then, versus
29:36
Speaker 2: what do we think that a business will be charged
29:38
Speaker 2: after this intervention? Do you know, Oh.
29:41
Speaker 12: Gosh, that's a tough question. It's probably going to depend
29:44
Speaker 12: on the bank. I'd say there'd be more than one
29:46
Speaker 12: bank involved in this, but the aim should be for
29:49
Speaker 12: it to be considerably more affordable than it would have
29:54
Speaker 12: been otherwise. And we think this is very necessary because
29:59
Speaker 12: there's will be a whole lot of businesses that could
30:02
Speaker 12: actually get a lower energy cost if they went to
30:05
Speaker 12: something like an electric heat pump. But the barrier is
30:09
Speaker 12: the capital expenditure, and so we're very much in favor
30:13
Speaker 12: of helping business to get over that that hump micro
30:18
Speaker 12: and they've got to pay it back.
30:19
Speaker 2: They've got to pay back. But my question in Catherine
30:22
Speaker 2: is we have a solid we're told solid and sound
30:24
Speaker 2: banking system in New Zealand. If we have a profitable business,
30:28
Speaker 2: a profitable business who's got a long term relationship with
30:31
Speaker 2: the bank, and they go to the bank and they
30:33
Speaker 2: say I need some money to lower the capital expenditure,
30:36
Speaker 2: to lower the cost of my inputs and secure my business,
30:41
Speaker 2: why would a bank say no, or why would the
30:44
Speaker 2: cost be so prohibitive it couldn't be done.
30:47
Speaker 12: Look, I think there's an element of uncertainty there for
30:50
Speaker 12: businesses in terms of does the business case stack up
30:54
Speaker 12: to do it? Under normal learn loan circumstances and also
30:59
Speaker 12: what's the future look like, so you know, what are
31:02
Speaker 12: my alternatives. And part of the package here is some
31:05
Speaker 12: more funding for EKA to lean into businesses, help them
31:09
Speaker 12: with the business case, help them look at the long
31:12
Speaker 12: term future viability of their business. So are their cheaper
31:16
Speaker 12: fuel options out there? What would they need to do
31:18
Speaker 12: to actually, you know, move through that. I think for
31:23
Speaker 12: businesses there's been short term contracts, has been concerned about
31:28
Speaker 12: the availability of gas. The price has obviously gone up,
31:32
Speaker 12: and you know we've already seen quite big businesses closed
31:36
Speaker 12: down and energy has been part of the problem.
31:38
Speaker 2: Absolutely, Cather and no one arguing with that. Catherine Beard,
31:41
Speaker 2: Business and Z. Nice to have you on the show
31:43
Speaker 2: this morning, eight to six. News Talks THEREB right next.
31:47
Speaker 1: The news you need this morning and the in depth
31:49
Speaker 1: analysiss earlier edition with Ryan Bridge and Spark for business
31:54
Speaker 1: technology that keeps business moving.
31:56
Speaker 2: News TALKSB five to six. Appreciate all your texts this morning,
31:59
Speaker 2: Ryan Lamb and beef. Electricity would be our main exports.
32:03
Speaker 2: This is if we split the South Island off from
32:05
Speaker 2: the North Island and have them a separate countries. It's
32:07
Speaker 2: just the North island that will be buying our hydro
32:10
Speaker 2: productions is grant but almost universal support for this idea.
32:14
Speaker 2: This morning, I have to say five to six Bryan Bridge,
32:17
Speaker 2: Good morning, Mike.
32:18
Speaker 19: See Canada is having a vote on that.
32:20
Speaker 2: Yeah, guy, I think I don't think it will happen.
32:24
Speaker 2: It's not going to happen because you have to get
32:27
Speaker 2: even once you if you the referendum was successful, there's
32:31
Speaker 2: like a thousand legal hoops they got to jump through
32:33
Speaker 2: to actually make it work. But it's it's a similar
32:35
Speaker 2: situation like they've got all the eighty percent of the
32:38
Speaker 2: resources that are in this one province, and it's kind
32:41
Speaker 2: of like the South Island. You know, they've got everything
32:43
Speaker 2: going on for them, don't they. They've got primary production.
32:46
Speaker 2: You ever moved to South Elk.
32:47
Speaker 19: I lived in the South Arm. Yeah, but don't even
32:51
Speaker 19: get me started on that. We've had this ongoing conversation
32:53
Speaker 19: with the last several years, have you.
32:54
Speaker 2: Yeah.
32:55
Speaker 19: And I'm keen personally being a Cantabrian to move home,
33:00
Speaker 19: as they say, because I don't want to be a
33:03
Speaker 19: fly by night. I like you, for example, you just
33:04
Speaker 19: pop in and go hy Christ you chow. You know
33:06
Speaker 19: what I'm saying, I understand you've got to be there,
33:09
Speaker 19: You've got to be from there, so I But Katie says,
33:12
Speaker 19: because she's an Aucklander, she's never lived anywhere outside of Auckland,
33:16
Speaker 19: that would be it would be a psychological who.
33:20
Speaker 2: Psychological Although I mean you've been there recently. It is
33:23
Speaker 2: a different place.
33:24
Speaker 19: It's a magnificent place.
33:26
Speaker 2: I love it.
33:26
Speaker 19: I can't speak highly enough of it, and we could.
33:28
Speaker 19: We should all, even even if we're from a distance,
33:30
Speaker 19: celebrate the success of the South in general, and thank
33:33
Speaker 19: the Good Lord that they're largely paying the bills. Speaking
33:37
Speaker 19: which were there's a bit of that stuff this morning
33:39
Speaker 19: on the program the Crew season. I think you've talked
33:41
Speaker 19: about this morning. The dairy forecast is coming out. We've
33:44
Speaker 19: got business and stuff. We'll talk to the head of
33:46
Speaker 19: a bank. Apart from anything, Shane Jones on the Gas
33:49
Speaker 19: for You will cover.
33:50
Speaker 2: All of that off. Mike is with you next. Enjoy
33:52
Speaker 2: your morning, especially to you South Islands, you Mainlanders this morning.
34:00
Speaker 1: For more from earlier edition with Ryan Bridge, listen live
34:03
Speaker 1: to Newstalk SETB from five am weekdays, or follow the
34:07
Speaker 1: podcast on iHeartRadio.