Latest / Early Edition with Ryan Bridge / Full Show Podcast: 01 July 2026

Transcript

Full Show Podcast: 01 July 2026 · Early Edition with Ryan Bridge

• 0:00
  Speaker 1: The issues, the interviews and the insight. Ryan Bridge on
• 0:05
  Speaker 1: an early edition with Spark for business technology that keeps
• 0:08
  Speaker 1: business moving. News Talks, they'd.
• 0:10
  Speaker 2: Be good morning at six, half to five. Great to
• 0:13
  Speaker 2: have your company. So Treasury needs to kick up the
• 0:15
  Speaker 2: Jacksie Cameron Bagray on that. This morning we'll head to
• 0:17
  Speaker 2: the UK with Gavin Gray. They've got a defense plan
• 0:19
  Speaker 2: finally in their hands. What does it mean? We will
• 0:22
  Speaker 2: talk about the Michelin stars handed out last night, multiple
• 0:25
  Speaker 2: and one double. We'll also talk this morning about school lunches.
• 0:29
  Speaker 2: I guess at the other end of the scale when
• 0:33
  Speaker 2: it comes to when it comes to lunch. Look, I
• 0:37
  Speaker 2: just think, honestly, if the kid's hungry, they'll eat what's
• 0:40
  Speaker 2: in front of them, won't they if they are really hungry.
• 0:42
  Speaker 2: News Talks b the agenda when Stay of first of July,
• 0:47
  Speaker 2: Starma's ten year defense spending plan is out a fifteen
• 0:51
  Speaker 2: billion dollar boost. John here you remember he was the
• 0:53
  Speaker 2: minister who resigned. Well here's the new defense Sectridge, Dan Jarvis.
• 0:58
  Speaker 3: We will reach three percent in the next parliament with
• 1:01
  Speaker 3: funding set out that the next spending review, in which
• 1:05
  Speaker 3: defense will be the number one priority.
• 1:08
  Speaker 2: Now the big SmackDown in the States for Trump from
• 1:11
  Speaker 2: the Supreme Court. They have struck down his bid to
• 1:14
  Speaker 2: limit birthright citizenship. This is one hundred and fifty year
• 1:17
  Speaker 2: old role. Anyone born in America automatically a citizen, so
• 1:22
  Speaker 2: that will stay. Here's the live reaction from House Speaker
• 1:25
  Speaker 2: Mike Johnson as he was giving a press conference.
• 1:28
  Speaker 4: Oh dear, I'm sure there's gonna be lots of discussion
• 1:30
  Speaker 4: about that, I will see.
• 1:31
  Speaker 2: I'm very disappointed in that outcome. I think it subjects
• 1:34
  Speaker 2: the country to serious challenges going forward and want have
• 1:37
  Speaker 2: to deal with it as a Congress. Finally, this morning,
• 1:39
  Speaker 2: remember Joe Biden, Sleepy Joe, how could you forget? Well,
• 1:41
  Speaker 2: he's come out of retirement to call Trump a loser.
• 1:43
  Speaker 5: No, jess, His vanity projects tearing down the eastwing of
• 1:48
  Speaker 5: the White House make you reom for his ballroom with
• 1:51
  Speaker 5: his name on the Kennedy Center, brilliant at arch and
• 1:55
  Speaker 5: his own honor Vin hiring his old pool guy affixed
• 2:00
  Speaker 5: to affecting Paul WHOA, but I'll loser.
• 2:05
  Speaker 2: Just go to bed, Joe, go to bed. Here it first.
• 2:10
  Speaker 1: Ryan Bridge on early edition with Spark for business technology
• 2:14
  Speaker 1: that keeps business.
• 2:15
  Speaker 2: Moving news Talk said, be fascinating. It's just how well
• 2:20
  Speaker 2: Zelenski and Ukraine are taking it to Putin and Russia.
• 2:23
  Speaker 2: I'm every day I wake up and read the news
• 2:25
  Speaker 2: and I'm just incredible and surprised. Well, I'm no longer
• 2:28
  Speaker 2: surprised because it's to be expected. Now it's become the norm.
• 2:31
  Speaker 2: But they were not meant to be this good at fighting.
• 2:34
  Speaker 2: They've made themselves as good at fighting over four years,
• 2:37
  Speaker 2: and they're creating and manufacturing drones at a rate of knots,
• 2:41
  Speaker 2: faster and better than anyone else in the world. And
• 2:44
  Speaker 2: it is really starting to irk Old Poots. And he
• 2:49
  Speaker 2: said it this week, didn't He admitted, Look, it's getting
• 2:51
  Speaker 2: a bit hard. And now people have been sending me
• 2:53
  Speaker 2: on email. People have been sending me these videos of
• 2:55
  Speaker 2: Russian's going nuts at the gas station, trying to fill
• 2:58
  Speaker 2: up their cars with petrol and they're punching their big
• 3:00
  Speaker 2: punch ups, happening big fights on the forecourt because no
• 3:03
  Speaker 2: one can get any petrol, no one get any fuel.
• 3:06
  Speaker 2: And the reason is like directly linked related to the
• 3:11
  Speaker 2: long range drones that the Ukrainians are firing in inside Russia.
• 3:16
  Speaker 2: That these things can go two thousand kilometers. That's like
• 3:19
  Speaker 2: firing a drone and bluff and it hitting Cape Ranger
• 3:22
  Speaker 2: heading on an oil refiner at Marsden Point, So you're
• 3:25
  Speaker 2: in bluff. This is how far they have come, about
• 3:28
  Speaker 2: two thousand kilometers and they are hitting refineries. They've done
• 3:32
  Speaker 2: two overnight. They've done a bunch over the last few months,
• 3:35
  Speaker 2: and it's causing real problems, as we know through the
• 3:38
  Speaker 2: Strait of hor moves. When you don't get your oil refined,
• 3:40
  Speaker 2: you don't get the stuff in your car. Right, that's
• 3:42
  Speaker 2: the problem I've got. So they're now punching each other.
• 3:44
  Speaker 2: And I just thought it was interesting that there was
• 3:46
  Speaker 2: only one comment, because there's not a lot of free
• 3:49
  Speaker 2: press in Russia, as you know. But the one comment
• 3:52
  Speaker 2: that I did see from a local woman, one woman
• 3:56
  Speaker 2: identified only as Tanya twenty nine, told me she waited
• 4:00
  Speaker 2: thirteen hours in Siberia to get half a tank of fuel.
• 4:04
  Speaker 2: Imagine that, I mean thirteen hours in Siberia period. But
• 4:09
  Speaker 2: waiting for half a tank of fuel not a great
• 4:12
  Speaker 2: place to be blamed Putin's war for the chaos quote.
• 4:16
  Speaker 2: He should stop this senseless conflict and just let us
• 4:19
  Speaker 2: live normally. Ryan bridge Jee Russian ten after five News
• 4:24
  Speaker 2: Talks MB playing more to come. We will talk about
• 4:26
  Speaker 2: the school lunches, but I want to know you just
• 4:28
  Speaker 2: do a litmus test with you this morning. School lunches.
• 4:32
  Speaker 2: If they're not up to nutritional standards, then are they
• 4:35
  Speaker 2: worth it? And do you support the savings over potentially
• 4:40
  Speaker 2: the quality nine two nine to the number to text.
• 4:43
  Speaker 2: We'll talk about that next the Early.
• 4:45
  Speaker 1: Edition Full the Show podcast on iHeartRadio powered by NEWSTALKSB
• 4:51
  Speaker 1: Before the news breaks here it first Ryan Bridge on
• 4:55
  Speaker 1: early edition with Spark for business Technology that keeps business
• 4:59
  Speaker 1: moving News.
• 4:59
  Speaker 2: Talk five point thirteen two billion dollars. That's how much
• 5:03
  Speaker 2: Allkland councils spent on recovery after those floods. This was
• 5:06
  Speaker 2: buying homes. This was red stick at homes. It was
• 5:08
  Speaker 2: even yellow stick at homes. Council goes and buys up
• 5:11
  Speaker 2: the land and there's now turning a lot of it
• 5:13
  Speaker 2: into wetland. They'll be able to sell a little bit
• 5:15
  Speaker 2: of it and make some changes and make it commercially
• 5:19
  Speaker 2: viable again to build residential housing. But Wayne Brown is
• 5:22
  Speaker 2: now cool because this fund is drying up coming to
• 5:25
  Speaker 2: it to the end of its life. After the floods,
• 5:27
  Speaker 2: and he's now coming out and saying, hey, if you
• 5:30
  Speaker 2: want to put a rates cap on us councils, then
• 5:32
  Speaker 2: you as in government and you as in insurers, need
• 5:36
  Speaker 2: to step up and fund whatever it is that happens next.
• 5:40
  Speaker 2: You need to become the insurer of last resort because
• 5:43
  Speaker 2: with rates caps, it's sure as how ain't going to
• 5:46
  Speaker 2: be the council talk, said b Seymour' school lunch program
• 5:50
  Speaker 2: back in the firing line this morning, Auditor General seas
• 5:53
  Speaker 2: up to twenty thousand meals a day being returned uneaten.
• 5:56
  Speaker 2: Half of those delivered didn't meet the ministry's nutrition standards.
• 5:59
  Speaker 2: That was up to December last year. Here's Seymour. When
• 6:02
  Speaker 2: you put more vegetables and it reaches the standard and
• 6:04
  Speaker 2: fewer children want to eat them, you're damned if you do,
• 6:07
  Speaker 2: and you're damned if you don't. So what do you do?
• 6:10
  Speaker 2: Providers say? By the way, that term four, the number
• 6:13
  Speaker 2: was actually seventy five percent. We're meeting the nutritional standards.
• 6:18
  Speaker 2: Phil Palfree, the Kaiatal Intermediate School principal, with us this morning.
• 6:23
  Speaker 6: Get a Phil, good morning, Ryan, how are you very well?
• 6:27
  Speaker 2: Thank you so at your school do you have this
• 6:30
  Speaker 2: program at your school, and how many kids, how many
• 6:33
  Speaker 2: of the meals go uneaten where you.
• 6:34
  Speaker 6: Are are probably around about fifty percent, from forty to
• 6:42
  Speaker 6: fifty percent go and eat them.
• 6:43
  Speaker 2: Shoot, now, does that mean forty to fifty percent of
• 6:47
  Speaker 2: the kids aren't hungry?
• 6:50
  Speaker 6: No, it doesn't mean that.
• 6:53
  Speaker 2: Why would they eat food?
• 6:56
  Speaker 6: Well, it sounds it sounds simple, but it's the fact
• 6:59
  Speaker 6: that it looks unempetizing, and it is unepetizing. And there's
• 7:05
  Speaker 6: the fact that they're from from the historical thing. They've
• 7:09
  Speaker 6: seen it. You know, they might have tried it first
• 7:11
  Speaker 6: couple of times and just the look of it, and
• 7:14
  Speaker 6: they say no, They said no, no, And it's really
• 7:17
  Speaker 6: a real tragedy because I know they're hungry some of them.
• 7:21
  Speaker 6: Some of them are the resort of that eating stuff
• 7:23
  Speaker 6: from the local shop on the way to school, which
• 7:26
  Speaker 6: is really unhealthy and just a very bad way to
• 7:29
  Speaker 6: start the day.
• 7:30
  Speaker 2: Where do they get the money from for that?
• 7:33
  Speaker 6: That's a great point. There's only a few that do it,
• 7:37
  Speaker 6: but it just looks terrible and it's very unhealthy. But
• 7:40
  Speaker 6: we do have fruit and skulls, which we're really lucky
• 7:44
  Speaker 6: to have, and the kids a lot of kids eat
• 7:47
  Speaker 6: the fat fresh fruit. They can have that all day long.
• 7:50
  Speaker 2: So I'm really interested in this because you said that
• 7:54
  Speaker 2: it is so unappetizing, and yet half the kids are
• 7:57
  Speaker 2: eating it. So what's the difference between these two kids.
• 8:01
  Speaker 2: You've got one and two. One of them say looks
• 8:03
  Speaker 2: at it and says, that's unadvertising. I'm not eating it,
• 8:06
  Speaker 2: and the other one says, presumably that equally it looks unappetising,
• 8:10
  Speaker 2: but I am eating it. And to me, that says
• 8:13
  Speaker 2: one is hungry than the other. Frankly, no, it's not.
• 8:17
  Speaker 6: That's not true. I have tried them myself, and and
• 8:23
  Speaker 6: you know, sometimes and there are some menus through the
• 8:26
  Speaker 6: week that are that are okay, and I've even those,
• 8:31
  Speaker 6: but I think, oh, it's not too bad.
• 8:33
  Speaker 2: What may one give us an example?
• 8:36
  Speaker 6: Oh, I don't know. I don't know. I don't look
• 8:39
  Speaker 6: at them the ones. I do know that the ones
• 8:42
  Speaker 6: that i've some of the ones I've eaten are absolutely horrible.
• 8:46
  Speaker 6: But there are some that I think the kids should
• 8:47
  Speaker 6: actually try. But I just feel it's that historical thing.
• 8:51
  Speaker 6: All I know is that the previous model that we
• 8:53
  Speaker 6: had the kids ate it. There was very little waste
• 8:57
  Speaker 6: and prior to this model coming in where large companies
• 9:03
  Speaker 6: sort of preparing and making the food and seeming it
• 9:05
  Speaker 6: to us has not been successful at all for us.
• 9:08
  Speaker 6: But I know that for some schools and some supplies
• 9:12
  Speaker 6: that works very well. Here in there is one company
• 9:15
  Speaker 6: that supplies across to the primary schools for the contributing
• 9:21
  Speaker 6: primary schools and their food. Fine.
• 9:25
  Speaker 2: And what about over this whole period, so with the
• 9:29
  Speaker 2: old system, with the nude news system, have you seen
• 9:33
  Speaker 2: any material change in academic performance at your school?
• 9:39
  Speaker 6: And no? Not really no?
• 9:41
  Speaker 2: Right, Okay, appreciate your time this morning, Phil Palpread Kaitaile,
• 9:45
  Speaker 2: Intermediate Principal, seventeen after five The Early.
• 9:49
  Speaker 1: Edition full show podcast on iHeartRadio, Power by News Talks
• 9:53
  Speaker 1: at me News and Views you trust to start your day.
• 9:59
  Speaker 1: It's early Editions with Ryan Bridge and Spark for business
• 10:03
  Speaker 1: technology that keeps business moving.
• 10:05
  Speaker 2: News Talks there be five twenty on news Talks, there'd be, sorry, Ryan,
• 10:08
  Speaker 2: If kids are genuinely hungry, they will eat the meals.
• 10:11
  Speaker 2: If they can afford pies on the way to school,
• 10:13
  Speaker 2: then their parents could afford to feed them properly. Surely,
• 10:15
  Speaker 2: says Kirsten Drew. Says Ryan, my son's school lunch would
• 10:19
  Speaker 2: fail the nutritional standards. He rejects fruit and is fussy.
• 10:23
  Speaker 2: Give them a sandwich and fruit. Why is it hot?
• 10:26
  Speaker 2: Why do they always have to have hot foot?
• 10:28
  Speaker 6: Drew?
• 10:28
  Speaker 2: I was exactly the same as you. When I was
• 10:30
  Speaker 2: a kid. It was like marmite, or it was lunch
• 10:32
  Speaker 2: and sausage, and then you would sneak some tomato sauce
• 10:35
  Speaker 2: and maybe or a piece. Dad used to do a
• 10:37
  Speaker 2: piece of lettuce and marmite. I mean that probably wouldn't
• 10:42
  Speaker 2: hit the nutritionals, but I'm fine, aren't I kind of
• 10:47
  Speaker 2: Bryan Bridge Fly twenty this morning. Great to have your
• 10:49
  Speaker 2: company so huge night for the hospitality seen last night.
• 10:52
  Speaker 2: This is the other end of the food scale. First
• 10:55
  Speaker 2: ever New Zealand Michelin Awards have been handed out. Fifteen
• 10:58
  Speaker 2: restaurants picked up stars. Fourteen earned one star, including the
• 11:02
  Speaker 2: world's only restaurant dedicated to salmone cuisine. The big winner,
• 11:05
  Speaker 2: though Queenstown's Essence, the only New Zealand restaurant to take
• 11:09
  Speaker 2: home that covered two star award.
• 11:12
  Speaker 7: Esthens Sheriff Hoots two stars. Speechless to be the only
• 11:22
  Speaker 7: restaurant in New Zealand to have this flows my mind
• 11:26
  Speaker 7: joining Us.
• 11:26
  Speaker 2: Nickel of Walden Restaurant Association CEO was at the awards
• 11:29
  Speaker 2: last night. Nicola, good morning, How was it?
• 11:32
  Speaker 8: Good morning? It was stunning. It was just such a celebration,
• 11:38
  Speaker 8: still buzzing. Actually, it was just to have that recognition
• 11:42
  Speaker 8: of those people that we work with every day, that
• 11:46
  Speaker 8: we know put their hard and souls into their businesses
• 11:50
  Speaker 8: and then seven recognized in such a world kind of
• 11:55
  Speaker 8: renowned way. It was just amazing.
• 11:58
  Speaker 2: And getting it on the first round because they don't
• 12:02
  Speaker 2: have to give out any stars, right, we got fourteen stars,
• 12:04
  Speaker 2: fourteen one stars, but to get a two star on
• 12:07
  Speaker 2: the first round, apparently it's quite a big deal.
• 12:12
  Speaker 8: Yeah exactly. I mean, yeah, I think it succeeded our
• 12:17
  Speaker 8: expectations for you know, the inaugural event, because you know,
• 12:24
  Speaker 8: it was the first one. We're going to see this
• 12:26
  Speaker 8: next year and the year after, so we're really going
• 12:29
  Speaker 8: to build on things from here. But to see, yeah,
• 12:34
  Speaker 8: fourteen one star restaurants and one Tuesdar one hundred and
• 12:39
  Speaker 8: ten restaurants were recognized overall last night. Yeah, the stunning
• 12:45
  Speaker 8: achievement for a little country like ours, Yeah, in such
• 12:50
  Speaker 8: a special hospitality industry.
• 12:53
  Speaker 2: Very cool, indeed, if you saw heads I imagined this morning.
• 12:56
  Speaker 2: Also lots of crying. A lot of people are quite emotional,
• 12:59
  Speaker 2: particularly chefs owners.
• 13:03
  Speaker 8: Yeah, well I was one of them. I've got to
• 13:06
  Speaker 8: admit it. Said feel really really emotional being there, And yeah,
• 13:12
  Speaker 8: I think that's just it shows just how much people
• 13:16
  Speaker 8: put into their businesses. That's what you were seeing last night.
• 13:21
  Speaker 8: And I just loved the so many of the chefs
• 13:25
  Speaker 8: that got up on the stage. You know, they talked
• 13:27
  Speaker 8: about their teams and how this was a team effort,
• 13:31
  Speaker 8: and you know, I think this is recognition for our
• 13:35
  Speaker 8: producers as well. They're so important to what we do
• 13:39
  Speaker 8: in restaurants every day. Yeah, it was a really emotional time.
• 13:46
  Speaker 2: Good stuff. Nicola Waldron, Restaurant Association CEO with us and
• 13:50
  Speaker 2: congratulations to all last night's when it's twenty three minutes
• 13:53
  Speaker 2: after five. In case you're wondering, one Michelin star is
• 13:57
  Speaker 2: considered very good, worth the stop to cooking, worth a detour,
• 14:01
  Speaker 2: three stars exceptional cooking, worth a special journey. So if
• 14:05
  Speaker 2: you want to get tourists into New Zealand, but potentially
• 14:07
  Speaker 2: you're going to able to get something with a three
• 14:09
  Speaker 2: with a number three on it, don't make the mistake
• 14:13
  Speaker 2: I did this morning when I googled Essence, So Essen's
• 14:15
  Speaker 2: got two and you get a number of results that
• 14:18
  Speaker 2: pop up. So there's Essence, which is the one that's
• 14:21
  Speaker 2: actually won with a four hundred and fifty dollars set
• 14:23
  Speaker 2: menu with dinosaur eggs and edible leaves, very fancy stuff.
• 14:28
  Speaker 2: Don't confuse that with Essence Cafe and Bar and Palmi
• 14:32
  Speaker 2: because Essence Cafe and Bar and Pami is a brilliant establishment.
• 14:36
  Speaker 2: But it's it's it's dining fine not fine dining, if
• 14:39
  Speaker 2: you know what I mean. But you can get cheesy
• 14:42
  Speaker 2: garlic bread. This is their menu. I thought, oh gosh,
• 14:44
  Speaker 2: this doesn't sound very michelin. But cheesy garlic bread, thank you, kalamari,
• 14:48
  Speaker 2: thank you, Fish and chips, pork belly, lamb shank. There
• 14:52
  Speaker 2: is a chef special and it does change every day.
• 14:56
  Speaker 2: Five twenty seven news talks, they'd be good morning, and
• 14:58
  Speaker 2: I really do mean good morning. Four months ago wall
• 15:01
  Speaker 2: kicked off in the Middle East. A year earlier. Year
• 15:03
  Speaker 2: before that, the tariff war kicked off all over the world,
• 15:06
  Speaker 2: and yet today the following things are happening. Regardless of those,
• 15:10
  Speaker 2: Wall Street is steaming ahead on track for the best
• 15:13
  Speaker 2: or some of the best quarterly performances since COVID. The
• 15:16
  Speaker 2: S and P up fourteen percent through Monday, Nasdaq up
• 15:20
  Speaker 2: twenty percent. This is for the quarter. Price of oil
• 15:23
  Speaker 2: is falling. Manufacturing activity in the United States it is
• 15:27
  Speaker 2: a four year high. Here at home. People always tell
• 15:30
  Speaker 2: you the bad stuff, but they rarely report the good
• 15:32
  Speaker 2: or the stable. Yesterday, business confidence was up in June
• 15:36
  Speaker 2: and that thirty seven percent of businesses are more confident
• 15:40
  Speaker 2: this month compared to last. Despite the ward and the
• 15:43
  Speaker 2: oil in the shops being a bit more cautious, there's
• 15:46
  Speaker 2: optimism out there. There's hope out there. Jobs. Remember they
• 15:51
  Speaker 2: said jobs would fall off a cliff like that's literally
• 15:55
  Speaker 2: what one economist said, people would stop hiring. Remember the
• 15:58
  Speaker 2: employment survey that came out weeks ago was the most
• 16:01
  Speaker 2: negative or depressing read since it began decades ago. And
• 16:05
  Speaker 2: then we got jobs number Monday. We gained opportunities, we
• 16:10
  Speaker 2: gained jobs, We gained workers on a net basis, We
• 16:14
  Speaker 2: added to the pull. That's why on this program we
• 16:17
  Speaker 2: always strive to bring facts without so much emotion and hyperbole.
• 16:21
  Speaker 2: Bad things happen and people react, but not always in
• 16:24
  Speaker 2: the way that you think or even they think they will.
• 16:29
  Speaker 2: And if there's one thing you can be sure of,
• 16:31
  Speaker 2: no matter how disastrous the headline, all the event, all
• 16:34
  Speaker 2: the war, or the pandemic, commerce will always find a way.
• 16:38
  Speaker 2: Sometimes it'll take a little longer than others. Twenty eight
• 16:42
  Speaker 2: minutes after five, speaking of lending to businesses picked up.
• 16:46
  Speaker 2: This is numbers out from on a sorry business lending
• 16:51
  Speaker 2: numbers out, I should say, rising four point eight five
• 16:56
  Speaker 2: percent for the year, fastest paced since March of twenty two,
• 17:00
  Speaker 2: twenty three. I when businesses borrow, it means they are
• 17:03
  Speaker 2: hopefully going to grow. It means they are feeling good,
• 17:06
  Speaker 2: feeling confident. Now I'll come to this after actually because
• 17:10
  Speaker 2: I want to spend a little bit of time on it.
• 17:13
  Speaker 2: But there's just a WTF thing happening with the ticketing solution,
• 17:18
  Speaker 2: if we can call it a solution. You know when
• 17:20
  Speaker 2: you get on a bus, when you get on a train,
• 17:22
  Speaker 2: they want one card to rule them all. Well, it's
• 17:25
  Speaker 2: costing us a pretty penny. I'll bring your details next,
• 17:28
  Speaker 2: and we're live to the UK News TALKSB.
• 17:37
  Speaker 9: Sometimes I just can't.
• 17:41
  Speaker 2: You haven't.
• 17:43
  Speaker 1: The early edition full the Show podcast on iHeartRadio power
• 17:48
  Speaker 1: by news talks It b Ryan Bridge on early edition
• 17:53
  Speaker 1: with Spunk for business technology that keeps business moving.
• 17:57
  Speaker 2: News talks It b pretty brought away from sixer on
• 18:09
  Speaker 2: News Tooks. There'll be Cameron Baggery on this report and
• 18:11
  Speaker 2: to Treasury. Bit of a kickout the Jack Sea for
• 18:13
  Speaker 2: the Treasury coming by the looks of it. We'll get
• 18:15
  Speaker 2: to that in the next twenty minutes. Also inside the
• 18:17
  Speaker 2: next ten we will head to the UK new defense spending,
• 18:20
  Speaker 2: their defense plan released. But I wanted to start with
• 18:23
  Speaker 2: this ticket situation. So I was in the Hong Kong recently,
• 18:27
  Speaker 2: and you can get off the plane in Hong Kong,
• 18:29
  Speaker 2: you can get on the train in Hong Kong and
• 18:31
  Speaker 2: you just use your Visa MasterCard, tap on the thing
• 18:33
  Speaker 2: and on you go, and you're in the city within
• 18:35
  Speaker 2: twenty minutes. Brilliant. This happens all over the world. It
• 18:38
  Speaker 2: is not complicated. And I cannot see why we have
• 18:41
  Speaker 2: now spent one point three six billion dollars on a
• 18:45
  Speaker 2: national ticketing solution, solution being the you know, flying the
• 18:51
  Speaker 2: ointment here, because it hasn't even happened yet. So last
• 18:54
  Speaker 2: year the rollout was meant to happen delayed by a year.
• 18:58
  Speaker 2: There was a leadership recess, there was a review done,
• 19:03
  Speaker 2: I know review and then wait for it. A follow
• 19:06
  Speaker 2: up review by the same company, l Ek Consulting in
• 19:09
  Speaker 2: December that was scathing, just as scathing, saying the delayed
• 19:13
  Speaker 2: roll out of the project was still ambitious. Where are
• 19:16
  Speaker 2: we now? National says they're trying to clean it up.
• 19:19
  Speaker 2: Labor's blaming Nationals blaming labor. Labor is now partly blaming
• 19:22
  Speaker 2: national Honestly, why can't you just tap your credit card?
• 19:27
  Speaker 2: What is wrong with people? Do we need a special
• 19:30
  Speaker 2: ticketing system? Just use your phone? For goodness sakes, we
• 19:35
  Speaker 2: are walking devices. We don't need another one to put
• 19:38
  Speaker 2: in a wallet. People don't even have a wallet. What's
• 19:41
  Speaker 2: wrong with these people? Anyway? The Post revealed this is
• 19:45
  Speaker 2: On Saturday, the Post revealed a brand change for the
• 19:49
  Speaker 2: NTS national ticketing system from the name Mutu Move had
• 19:55
  Speaker 2: been scrapped by Bishop after NZTA advised it could cost
• 20:00
  Speaker 2: twenty seven million dollars and push the project back a
• 20:03
  Speaker 2: further twelve months. You have got to be kidding me.
• 20:08
  Speaker 2: I mean, I just feel like for public servants, some
• 20:11
  Speaker 2: of them, not all of them. There are good ones
• 20:13
  Speaker 2: and then there are these ones, you know, who do
• 20:15
  Speaker 2: the reviews, who come up with the cute cultural name,
• 20:19
  Speaker 2: who do the logo, you know, get the catered morning tea,
• 20:23
  Speaker 2: update the LinkedIn profile, do a couple of zoom calls,
• 20:27
  Speaker 2: sit back, and then awake doomsday when it all falls apart.
• 20:30
  Speaker 2: We've got to get rid of those people, Bryan, twenty
• 20:34
  Speaker 2: one minutes away from top of the hour, six o'clock.
• 20:36
  Speaker 2: Nice to have your company. Let's go to our reporters,
• 20:38
  Speaker 2: Cullum and Dned and call them good morning, Goday, Ryan,
• 20:41
  Speaker 2: what's happening your way today?
• 20:43
  Speaker 4: Or residents here getting to have their say on the
• 20:46
  Speaker 4: future of Otago's coasts line. This is the ottag Original Council,
• 20:51
  Speaker 4: which is going to the public seeking feedback on issues
• 20:53
  Speaker 4: around coastal climate change, natural hazards, water quality, public access.
• 20:59
  Speaker 2: Et cetera.
• 21:00
  Speaker 4: Is preparing for a resource management reforms. This engagement will
• 21:03
  Speaker 4: help shape an issue and Opportunities report for future planning
• 21:07
  Speaker 4: under the new RIMA system. One of the regional counselors
• 21:10
  Speaker 4: is Kate Wilson. She says the coast presents both opportunities
• 21:14
  Speaker 4: and challenges, and community input helps deepen their understanding how's
• 21:19
  Speaker 4: weather in Dunedin, Cullum, Another frosty morning here and foggy
• 21:22
  Speaker 4: at the airport. Minus four at the airport, so more
• 21:25
  Speaker 4: flight disruptions there this morning.
• 21:27
  Speaker 2: But a fine day the high twelve. Very cold. Thank
• 21:29
  Speaker 2: you for that. Claire in christ each morning, Claire.
• 21:31
  Speaker 10: Good morning you very cold too, very very cold here
• 21:35
  Speaker 10: this morning. Frosty car to get us going there you
• 21:38
  Speaker 10: go now?
• 21:38
  Speaker 2: Tell us about the new motor home park. Could be
• 21:40
  Speaker 2: the future for some of the Red zone land.
• 21:43
  Speaker 10: Yeah, lots of new ideas about how to use the
• 21:46
  Speaker 10: Red Zone land, particularly in the east of christ Church.
• 21:49
  Speaker 10: The suburb of New Brighton has now been proposed as
• 21:52
  Speaker 10: the site of a caravan or a motor home park.
• 21:55
  Speaker 10: It's in the idea of the New Zealand Motor Caravan Association.
• 21:58
  Speaker 10: That association has a the Council with a ten year
• 22:01
  Speaker 10: transitional lease proposal. They want to host up to one
• 22:04
  Speaker 10: hundred member vehicles for any ten days in a thirty
• 22:07
  Speaker 10: day period. Coastal Councilor Celeste Donovan says it would be
• 22:11
  Speaker 10: a contaminated site that's being used, so at the moment
• 22:14
  Speaker 10: it's not useful to anyone else. She says it is
• 22:16
  Speaker 10: also to note that it's only for the Association members,
• 22:19
  Speaker 10: so it would be very well managed and would potentially
• 22:21
  Speaker 10: bring it up to one point five million dollars a
• 22:23
  Speaker 10: year for the local economy. Donovan says it does seem
• 22:26
  Speaker 10: like the best way forward and would certainly be a
• 22:28
  Speaker 10: boost for New Brighton.
• 22:31
  Speaker 2: Absolutely good to have you on clear as always. Let's
• 22:34
  Speaker 2: go to Wellington to be as Macintosh good morning to
• 22:36
  Speaker 2: best morning Ryan. Now, select committee? Is the Drug Foundation
• 22:40
  Speaker 2: heading to a Select committee today after the GHB overdose?
• 22:44
  Speaker 2: Is there?
• 22:45
  Speaker 3: Yeah?
• 22:45
  Speaker 7: This is sort of following on from what we've been
• 22:47
  Speaker 7: talking about. Six people right across Wellington have allegedly overdosed
• 22:51
  Speaker 7: on GHB also known as liquid ecstasy, since Friday. One
• 22:55
  Speaker 7: person is dead. We heard from Police Minister Mark Mitchell
• 22:59
  Speaker 7: yesterday who says police are doing what they can, but
• 23:01
  Speaker 7: people are making poor decisions. He wants people to take
• 23:05
  Speaker 7: a bit of personal responsibility, saying well, don't use drugs.
• 23:09
  Speaker 7: But the Drug Foundation says people are often too scared
• 23:12
  Speaker 7: of the repercussions to dial for help during a suspected overdose.
• 23:16
  Speaker 7: It's now pushing the Drug Overdose or Assistant Protection Amendment Bill,
• 23:21
  Speaker 7: also known as the Good Samaritan bill. This will see
• 23:24
  Speaker 7: no prosecution for dialing one one one in a suspected overdose.
• 23:28
  Speaker 7: It says, being able to confidently call for life saving
• 23:31
  Speaker 7: help is really really important.
• 23:34
  Speaker 2: How's your weather?
• 23:36
  Speaker 7: Cold start this morning? Areas of morning frost, cloudy periods
• 23:39
  Speaker 7: after dark and eleven degrees are high in Wellington.
• 23:42
  Speaker 2: A nice one to bear. Thank you, Neva and ouklam
• 23:43
  Speaker 2: morning never good morning. Wayne Brown's saying councils come can
• 23:47
  Speaker 2: no longer be the insurers of last resort.
• 23:49
  Speaker 11: Yes, that's exactly what he's saying. He's calling on central
• 23:51
  Speaker 11: government and also the insurance sector, you know, to take
• 23:54
  Speaker 11: greater responsibility for disaster recovery funding. Now, Auckland spent two
• 23:59
  Speaker 11: billion recovering from severe weather events. That was back in
• 24:02
  Speaker 11: twenty twenty three. Brown says that look, a nationally lead
• 24:06
  Speaker 11: funding model should be in place before the next disaster strikes.
• 24:10
  Speaker 11: He says, look, that will be quite important really if
• 24:13
  Speaker 11: the government continues with the rates capping efforts.
• 24:16
  Speaker 2: Very good.
• 24:16
  Speaker 11: How's that we that fine light wins are high fifteen
• 24:19
  Speaker 11: here in Auckland today.
• 24:20
  Speaker 2: Fifteen sounds good to me. We'll take it neither, thank
• 24:23
  Speaker 2: you very much. It is eighteen minutes away from six. Ryan.
• 24:25
  Speaker 2: Sharing folk work all day, every day for many years,
• 24:29
  Speaker 2: eating not much at all. Occasionally we have a meal
• 24:33
  Speaker 2: fit for the king. But these little brats at schools
• 24:37
  Speaker 2: eating all the pies on the way to school, but
• 24:39
  Speaker 2: then apparently can't afford the lunch and won't eat what's
• 24:42
  Speaker 2: in front of them taxpayer funded. Not good enough, not happy.
• 24:45
  Speaker 2: This is from the sharers this morning, Ryan, And this
• 24:48
  Speaker 2: is on the stupid cost blow out of that travel
• 24:51
  Speaker 2: card no one needs. Ryan visited surfers a few weeks ago.
• 24:54
  Speaker 2: Cost fifty cents on the local metro unit. Just tapped
• 24:57
  Speaker 2: my phone on the reader. Simple and cheap chairs, Andy,
• 25:02
  Speaker 2: seventeen to six, London Next. New Zealanders are getting better
• 25:06
  Speaker 2: at managing their money. We know this, and the tools
• 25:09
  Speaker 2: for that are improving all the time. There is such
• 25:11
  Speaker 2: a thing as too much information, though you have to
• 25:14
  Speaker 2: be worried about that. You probably heard the advice about
• 25:16
  Speaker 2: not checking too often the long term investment that is
• 25:20
  Speaker 2: key we save it. It's tempting not to follow that advice.
• 25:24
  Speaker 2: The key is focusing on the right numbers, not the
• 25:27
  Speaker 2: wrong ones. If you're investing for something many years away,
• 25:31
  Speaker 2: like retirement, for example, it makes sense to judge results
• 25:34
  Speaker 2: over several years, not what has happened in the past
• 25:36
  Speaker 2: quarter or even the past twelve months, let alone the
• 25:39
  Speaker 2: past week. For long term investments, it's long term results
• 25:44
  Speaker 2: that really matter, and Milford is a key we save
• 25:47
  Speaker 2: provider with a track record, a strong track record of
• 25:50
  Speaker 2: delivering strong long term results. Learn more at Milford asset
• 25:54
  Speaker 2: dot com. Past performance not a reliable indicator of future performance.
• 25:57
  Speaker 2: Investment involves risk. Milford Fund Limited is the issue of
• 26:01
  Speaker 2: the Milford Kevsaver plan. Go to Milford esseit dot com
• 26:03
  Speaker 2: to read the Milford KEEVSAB plan product disguised as.
• 26:06
  Speaker 1: Statement International correspondence with Insigneye Insurance Peace of mind for
• 26:11
  Speaker 1: New Zealand business.
• 26:13
  Speaker 2: Kevin Begray on the Treasury standing by, But let's go
• 26:15
  Speaker 2: to Gavin Gray in the UK. Gavin, finally we have
• 26:17
  Speaker 2: a hands on a defense plan. Is it under over
• 26:20
  Speaker 2: or about right? Whelming? Ah?
• 26:23
  Speaker 9: Well, it's pretty underwhelming for those within the armed forces
• 26:27
  Speaker 9: who have been battling for significant funds. So the Prime
• 26:31
  Speaker 9: Minister has said there will be a roughly thirty three
• 26:34
  Speaker 9: billion New Zealand dollar increase in military spending. But how's
• 26:38
  Speaker 9: it going to be funded. Well, he's saying there'll be
• 26:40
  Speaker 9: cost cutting in other government departments and some road plans,
• 26:45
  Speaker 9: road projects and some energy projects won't get the go ahead.
• 26:50
  Speaker 9: But looking at the figures, you know, he's roughly leaving
• 26:53
  Speaker 9: a hole of some eleven billion New Zealand dollars. Now,
• 26:57
  Speaker 9: somebody's got to fill that hole, and he's got obviously
• 27:00
  Speaker 9: going to leave that up to whoever is his successor,
• 27:03
  Speaker 9: probably Andy Burnham, to try and sort out. So there's
• 27:06
  Speaker 9: a little bit of buck passing going on here. But
• 27:08
  Speaker 9: to put this in context, Ryan, so he's promised this
• 27:11
  Speaker 9: fifteen billion pounds, but the former Defense secretary resigned because
• 27:15
  Speaker 9: he said, really it should not be less than twenty
• 27:18
  Speaker 9: eight billion. So that is, you know, almost double what's
• 27:22
  Speaker 9: being given. And he said because these armed forces has
• 27:25
  Speaker 9: been absolutely hollowed out over the years.
• 27:28
  Speaker 2: Now asylum seekers they turn up in the UK get
• 27:30
  Speaker 2: ten thousand pounds towards the cost of their accommodation and support.
• 27:33
  Speaker 2: Once they start earning money, is the government saying they
• 27:37
  Speaker 2: must start paying it back.
• 27:39
  Speaker 9: Yeah, that's right. Yeah, So the average asylum seeker actually
• 27:42
  Speaker 9: often costs much much more to house over the period
• 27:45
  Speaker 9: of time. But this is the government saying it's trying
• 27:48
  Speaker 9: to recoup this money because the figures are just amazing.
• 27:51
  Speaker 9: Around eight and a half billion New Zealand dollars last
• 27:55
  Speaker 9: year were spent by the UK on supporting asylum seekers.
• 27:58
  Speaker 9: In the last year alone. Accommodation for one night for
• 28:02
  Speaker 9: an asylum seeker can range from everything from about fifty
• 28:05
  Speaker 9: New Zealand dollars up to about three hundred New Zealand
• 28:08
  Speaker 9: dollars and they get an average weekly sum somewhere around
• 28:13
  Speaker 9: one hundred and ten New Zealand dollars a week. Now,
• 28:16
  Speaker 9: what the government is saying, we're doing all this to
• 28:18
  Speaker 9: help you if you are allowed to stay and you
• 28:20
  Speaker 9: then get work. We want some of that money back,
• 28:24
  Speaker 9: roughly twenty two thousand New Zealand dollars, and they say
• 28:27
  Speaker 9: they will take it off people's pay packets. Now, the
• 28:30
  Speaker 9: Refugee Council says this is unfair and impractical and is
• 28:34
  Speaker 9: an extra tax on refugees make it harder for families
• 28:37
  Speaker 9: to rebuild their lives. A Migration observatory, though, is questioning
• 28:41
  Speaker 9: just how much money the government will be able to recoup,
• 28:43
  Speaker 9: and that is because, of course the refugees are often
• 28:47
  Speaker 9: in low rates of employment and earning lower amounts of money,
• 28:51
  Speaker 9: So will they be able to ever afford it? Well,
• 28:53
  Speaker 9: it's certainly grabbing the headlines. Something the government we've pleased
• 28:56
  Speaker 9: about the question is will the Home Office ministry in
• 28:59
  Speaker 9: charge of this is still be in charge once somebody
• 29:02
  Speaker 9: takes over promise.
• 29:03
  Speaker 2: The guest Gavin Gray, UK europe correspondent, Times turned away from.
• 29:06
  Speaker 1: Six Bryan Bridge.
• 29:08
  Speaker 2: So external review Treasury not good, apparently losing the confidence
• 29:12
  Speaker 2: of ministers. It's so bad. This is a report hasn't
• 29:15
  Speaker 2: happened in ten years. We've got one economic advice week,
• 29:19
  Speaker 2: string of Failure's advice on acc deficit, health, New Zealand spending,
• 29:24
  Speaker 2: inter Island of Fury, replacement, saga, all those get across
• 29:27
  Speaker 2: cross cross Cameron Bag reformer Treasury economist, Independent Economists with
• 29:30
  Speaker 2: us this morning. Cameron, get a good morning. Bad as
• 29:33
  Speaker 2: it looks.
• 29:35
  Speaker 12: Oh, it's not great and I guess the spur of
• 29:37
  Speaker 12: the Treasury sort of lost their mojo. And good news
• 29:40
  Speaker 12: is under Ian Rennie that started to get their mojo back.
• 29:43
  Speaker 12: But Treasury to government's lead one extra advisor. Your advice
• 29:47
  Speaker 12: is critical. We need a high performing performing treasury and
• 29:51
  Speaker 12: the report to sort of highlights haven't been perhaps as
• 29:53
  Speaker 12: high performing as what we would have locked.
• 29:54
  Speaker 2: How did it lose its mojo?
• 29:57
  Speaker 12: Oh? I think a long time. Over a long time,
• 30:00
  Speaker 12: they've sort of filtered away from following economists towards more generalists.
• 30:05
  Speaker 12: I think there's been a few issues under previous leaders.
• 30:07
  Speaker 12: If you don't get the right leaders of the type type,
• 30:10
  Speaker 12: it tends to pullifer through the whole organization. I don't
• 30:13
  Speaker 12: think Treasury has been strong enough with previous ministers. Good
• 30:17
  Speaker 12: news once again under Ian Rennie, we've seen a bit
• 30:20
  Speaker 12: of a strategic shift within Treasury. Treasury still advisors the minister,
• 30:24
  Speaker 12: so you can't exactly get kids to the minister. And
• 30:30
  Speaker 12: their investment statement has been calling the government to account
• 30:34
  Speaker 12: as far as you can on key issues such as
• 30:36
  Speaker 12: physical sustainability, such as the operating balance in touches of
• 30:40
  Speaker 12: quality of government assets in the management of them.
• 30:42
  Speaker 2: One of the problems attracting talent if you're a numbers
• 30:44
  Speaker 2: nerd is Treasury is still a place you want to go.
• 30:53
  Speaker 2: I think we might have loved Cameron there, Kim, you're.
• 30:56
  Speaker 6: There, Cameron, Yeah, lost you.
• 31:00
  Speaker 2: I'm just saying retaining staff and attracting new talent as
• 31:03
  Speaker 2: a problem if you're a numbers nerd coming out of
• 31:05
  Speaker 2: UNI or coming out into the private sector into the
• 31:07
  Speaker 2: public sector, is treasury somewhere you want to go. Still,
• 31:15
  Speaker 2: we're having issues with Cameron to leave it there. It
• 31:17
  Speaker 2: is ten minutes away from six. By the way, on
• 31:20
  Speaker 2: the issue of defense in the UK, we were just
• 31:23
  Speaker 2: speaking to Gavin Gray out of London. So Starmer's defense plan,
• 31:27
  Speaker 2: so NATO wants them. Their target is three and a
• 31:29
  Speaker 2: half percent of GDP by twenty thirty five. The plan
• 31:33
  Speaker 2: that Starmer has put out will have them having two
• 31:37
  Speaker 2: point seven percent by twenty thirty So on the way,
• 31:41
  Speaker 2: but no guarantees. Currently they are spending two point four
• 31:44
  Speaker 2: percent if you fully funded this ten year plan, which
• 31:49
  Speaker 2: they haven't, which is the point of it. Starma's just
• 31:52
  Speaker 2: sort of spray and walk away. But if you were
• 31:53
  Speaker 2: to fully fund the ten year plan, you would need
• 31:56
  Speaker 2: to be spending four point two percent of GDP in
• 31:59
  Speaker 2: the UK. Seven to six News TALKSB.
• 32:03
  Speaker 1: The news you Need this morning and the in depth
• 32:05
  Speaker 1: analysis earlier edition with Ryan Bridge and Spark for Business
• 32:10
  Speaker 1: Technology that keeps Business Moving.
• 32:12
  Speaker 2: News Talks B News Talks V is five minutes away
• 32:16
  Speaker 2: from six Mike's in the studio. Good morning, Mike Morning.
• 32:19
  Speaker 2: Two stars for essence.
• 32:20
  Speaker 13: Yeah, yeah, there's a funny thing. I've got a lot
• 32:23
  Speaker 13: to say. I watched the whole thing last night. One
• 32:26
  Speaker 13: of the most embarrassing things I've ever seen as an event.
• 32:29
  Speaker 2: I thought now was what absolutely my feedback's been shocking,
• 32:33
  Speaker 2: the antithesis of what you're well, who told you so?
• 32:36
  Speaker 2: With two people who were there, friend of mine and
• 32:39
  Speaker 2: we've had the restaurant association on this morning sands well,
• 32:42
  Speaker 2: of course Sam Sam.
• 32:44
  Speaker 13: Sam agrees with me. But Sam stayed for the free food,
• 32:46
  Speaker 13: so he liked the free food at the end of it,
• 32:48
  Speaker 13: so he got.
• 32:49
  Speaker 2: Swayed well quickly.
• 32:50
  Speaker 13: What was embarrassing it was the way it was presented. Honestly,
• 32:52
  Speaker 13: we need to do and something in this country is
• 32:54
  Speaker 13: wrong with our ability to put on any event. And
• 32:58
  Speaker 13: I'm the only good thing that came out of it.
• 32:59
  Speaker 13: For one, the mission starts fantastic. The people who won
• 33:03
  Speaker 13: and got recognition, they were clearly beside themselves because they're
• 33:07
  Speaker 13: joining an international community, and that part of it's brilliant.
• 33:10
  Speaker 13: But the event itself was it looked like three idiots
• 33:14
  Speaker 13: had got together over lunch and thought, let's toss a
• 33:16
  Speaker 13: bit of this, a bit of that and have a
• 33:18
  Speaker 13: night of it.
• 33:18
  Speaker 2: You know, it had that about it. At least the
• 33:20
  Speaker 2: lunch would have been good, but the food would have
• 33:22
  Speaker 2: had good. But we were just talking about pecking your
• 33:25
  Speaker 2: own because it essence. You come, they tell you what
• 33:27
  Speaker 2: to do.
• 33:28
  Speaker 13: It's four hundred and fifty yes for the full menu,
• 33:30
  Speaker 13: and they tell you dinosaur egg with leaves, and that's
• 33:33
  Speaker 13: kind of the Michelin thing. That's what they like as
• 33:37
  Speaker 13: an option.
• 33:38
  Speaker 2: So you don't like that.
• 33:39
  Speaker 13: It's personally it's not my thing. You're taking a risk
• 33:41
  Speaker 13: on food. But I'm fussing. People go, I'm in the
• 33:43
  Speaker 13: hands of the chef.
• 33:45
  Speaker 2: Yeah, people love that. I like being told what to do,
• 33:47
  Speaker 2: Like I'll go with a cocktail of so you tell me.
• 33:50
  Speaker 13: But this is eight or nine courses and it's four
• 33:52
  Speaker 13: fifty I'm saying. So you're relying on the brilliance of
• 33:55
  Speaker 13: the chef, and that's why he won.
• 33:56
  Speaker 2: He's on today. By the way. Oh good. I bought
• 33:58
  Speaker 2: some sunglasses and per read what'd you get? Oh well,
• 34:02
  Speaker 2: I went into the shop and I said, you tell
• 34:04
  Speaker 2: me which ones.
• 34:05
  Speaker 13: And they just said follow you please, and.
• 34:07
  Speaker 2: I'm very happy with the Birches Leader.
• 34:10
  Speaker 1: Mine for more from Early Edition with Ryan Bridge. Listen
• 34:15
  Speaker 1: live to News Talks it Be from five am weekdays,
• 34:18
  Speaker 1: or follow the podcast on iHeartRadio