Latest / Early Edition with Ryan Bridge / Full Show Podcast: 22 July 2026

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Full Show Podcast: 22 July 2026 · Early Edition with Ryan Bridge

0:00
Speaker 1: The issues, the interviews and the insight. Ryan Fridge on
0:05
Speaker 1: an early edition with punk for business technology that keeps
0:08
Speaker 1: business moving.
0:09
Speaker 2: News talks. They'd be good.
0:11
Speaker 3: Morning six a half to five. Great to have your company.
0:13
Speaker 3: We'll speak to the co Op Banks CEO on inflation
0:15
Speaker 3: this morning. Gavin in the UK. The Russians are firing
0:17
Speaker 3: and missile off the coast of Britain. Just as Burnham
0:20
Speaker 3: gets signed in as the new PM. We'll look at
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Speaker 3: R and B and tariffs this week for US.
0:26
Speaker 2: The agenda Wednesday.
0:27
Speaker 3: Twenty second of July. Hopefully not as bad as Canada.
0:30
Speaker 3: They're getting hit with fifty percent on a whole bunch
0:32
Speaker 3: of imports. Trump's been talking about that at the White House.
0:34
Speaker 3: Canada has been very very tough on us over the years,
0:38
Speaker 3: for many years, and no other president's don't anything about it.
0:42
Speaker 2: I love Canada.
0:43
Speaker 3: I love the people of Canada.
0:45
Speaker 2: I mean, in all fairness to them, they need.
0:47
Speaker 3: Us to serve Knti's not loving the tariffs though. Let's
0:50
Speaker 3: get around the table, he says. We're at the table
0:52
Speaker 3: and we'll be having those more intense discussions. And you
0:56
Speaker 3: know what the issue has been for us has been comprehensive.
1:01
Speaker 2: Agree.
1:03
Speaker 3: Meanwhile, you know yesterday I told you about the Houthees
1:05
Speaker 3: and Yemen saying they're doing a maritime blockade against the
1:08
Speaker 3: Saudis who were getting the oil through the Red Sea
1:11
Speaker 3: rather than the straight up hor moves for obvious reasons.
1:13
Speaker 3: Or Trump's been meeting with the Lebanese president at the
1:16
Speaker 3: White House and talking about that.
1:18
Speaker 2: We've had no problem with the Hooties.
1:19
Speaker 3: They've had no problem with us for a long period
1:23
Speaker 3: of time, including during this conflict.
1:25
Speaker 4: I think that if there is something like that, we'll
1:28
Speaker 4: just have to take care of business.
1:29
Speaker 3: Now, let's go to the UK. This is an awful
1:32
Speaker 3: update on the alleged murder of Anne Whittikm. This is
1:36
Speaker 3: the MP reform candidate courts being told the accused allegedly
1:41
Speaker 3: struck a twenty one times or the hammer in her
1:44
Speaker 3: head inside her home. Finally, Andy Burnham selected his cabinet
1:47
Speaker 3: first meeting a PM, telling his ministers he wants to
1:50
Speaker 3: be a cost of living government. First act acts the
1:55
Speaker 3: tax on electricity bills we.
1:57
Speaker 5: Need, so every day think well, what can we do
2:00
Speaker 5: just to take that little bit of pressure off people's shoulders,
2:05
Speaker 5: just to give them that little extra sense that helps
2:08
Speaker 5: coming so that they can have that bits of hope
2:12
Speaker 5: that things are getting better.
2:16
Speaker 1: The news you need this morning and the in depth
2:19
Speaker 1: analysis early edition with Ryan Bridge and Spark for business
2:23
Speaker 1: technology that keeps business moving news talks.
2:26
Speaker 3: You may have noticed Andy Burnham. Nine to ninety two
2:29
Speaker 3: is the number to text, by the way, But Andy Burnham,
2:31
Speaker 3: they said little and bit about five times in one sentence,
2:34
Speaker 3: and there's a reason for that. It's going to say
2:36
Speaker 3: forty five pounds per year for your average household. Gavin
2:41
Speaker 3: Gray will have more on that later in the show.
2:42
Speaker 3: I mean it's it's a drop in the ocean, is
2:45
Speaker 3: what people are saying. Hey, you in Auckland there, and
2:48
Speaker 3: if you're outside of Auckland you'll be going, oh here
2:50
Speaker 3: you are moaning about your character homes again. But they
2:53
Speaker 3: are moaning about the character homes in Auckland last night.
2:56
Speaker 3: Although this whole issue should be put to bed, theory
3:00
Speaker 3: put to bed there now, though it'll be years that
3:02
Speaker 3: they'll still be talking about this. This is Plan Change
3:05
Speaker 3: one twenty. Auckland Council fiercely debated this and have decided
3:10
Speaker 3: that they will zone up to one point seven million
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Speaker 3: new dwellings. Now what exactly are they? Where exactly are they?
3:17
Speaker 3: It's very hard to tell because basically all you care
3:20
Speaker 3: about is my home on the list or off the list.
3:24
Speaker 3: Here are the sort of boundaries. So if you're within
3:27
Speaker 3: ten k's of the city center, you can be zoned
3:29
Speaker 3: for ten to fifteen story apartments within ten k's of
3:33
Speaker 3: the city center. If you're outside there, six story buildings
3:36
Speaker 3: could be coming to your suburb. If you're on a
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Speaker 3: bus route, you could be up zoned for six stories.
3:42
Speaker 3: That's within a two hundred meter corridor of a bus route.
3:46
Speaker 3: Presumably they mean arterial routes, because buses do go pretty
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Speaker 3: much everywhere. Five five hundred special homes, which are character homes,
3:55
Speaker 3: will lose protection under this latest plan. Mike Lee says
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Speaker 3: Saint's Bay for those who don't know Auckland, it's like
4:01
Speaker 3: a fancy place. It's like Mount Victoria and Wellington. It's
4:04
Speaker 3: like probably like Fendalton in christ Church. Saint Mary's Bay
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Speaker 3: very nice. He says, it's been targeted for destruction because
4:12
Speaker 3: you put a whole bunch of apartments in when you've
4:15
Speaker 3: got nice big villas there. That's destroying. Apparently a suburb
4:20
Speaker 3: anyway that's been voted on, And I can't tell you
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Speaker 3: if your particular house is going to be have a
4:27
Speaker 3: fifteen story apartment block next to it, because we just
4:29
Speaker 3: don't know yet. They haven't given us maps, which is
4:32
Speaker 3: what David seen was most upset about over in Australia.
4:36
Speaker 3: In this I find endlessly fascinating because every day a
4:38
Speaker 3: new Jiharti pops up and Australian Gihardy pops up and
4:41
Speaker 3: wants to come home, and they've found one that they
4:44
Speaker 3: thought was dead. So you've had your ten Isis brides
4:47
Speaker 3: who have returned from Syria to Australia in the last
4:50
Speaker 3: couple of weeks. Now you've got doctor g Hard. Doctor
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Speaker 3: g Hard was a Perth born pediatrician, semi attractive looking,
5:00
Speaker 3: who was used as propaganda by the Caliphate Isis propaganda videos.
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Speaker 3: This was ten years ago. They thought he was dead,
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Speaker 3: as the family thought he was dead, the Australian government
5:11
Speaker 3: thought he was everyone thought he was dead. He's alive
5:15
Speaker 3: and they have found him locked inside a high security
5:18
Speaker 3: Bagdad prison, being interrogated by elite counter terrorism a task force.
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Speaker 3: So this has all come out in court documents being
5:27
Speaker 3: reported this morning by the Australian. Fascinating thing. But anyway,
5:33
Speaker 3: he also guess what wants to come home and they've
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Speaker 3: met the ISIS brides and if he's got an Australian passport,
5:39
Speaker 3: this is the problem. Born in Perth nineteen eighty five,
5:43
Speaker 3: worked at Royal Adelaide Hospital. There was no sign he
5:46
Speaker 3: was going to go join ISIS until he did. Twelve
5:48
Speaker 3: after five, Ryan Bridge News Talk'd talked to Beef and
5:52
Speaker 3: Land next about Trump and his tariffs for US.
5:55
Speaker 1: The Early edition Full the show podcast on iHeartRadio, ho
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Speaker 1: Use Talks AB on your radio and online on Iheard Radio.
6:06
Speaker 1: Bellly Edition with Ryan Bridge and Spark for Business Technology,
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Speaker 1: The Keeps Business Moving News Talks AB by fourteen.
6:13
Speaker 3: We've had a global dairy trade auction overnight. We've had,
6:16
Speaker 3: as you know, falls for the last one, two three,
6:20
Speaker 3: and we were up last night which was actually a
6:22
Speaker 3: bit of a surprise one and a half percent. Importantly
6:25
Speaker 3: for US, skim milk powder up two point eight percent,
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Speaker 3: whole milk powder up a touch at one point six,
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Speaker 3: mozzarella up one point three, butter down point six, butter
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Speaker 3: milk powder up ten point five, Cheddar down six point
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Speaker 3: five so overall up one and a half, which is
6:41
Speaker 3: not as bad as it was feared yesterday, and obviously
6:44
Speaker 3: better than the fact we were going backwards for the
6:46
Speaker 3: last three It is a quarter past, Ryan Bridge exporters
6:51
Speaker 3: steering down the barrel of a hike to tariff sometime
6:54
Speaker 3: this week, probably from the Americans looking at twelve and
6:57
Speaker 3: a half percent blanket better than the Canadians. So we're
7:00
Speaker 3: getting fifty percent on twenty billion worth of goods, but
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Speaker 3: we don't actually know what we don't know at this point.
7:06
Speaker 3: Kate aclan Beef and Lamb, New Zealand share with us Kate,
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Speaker 3: good morning.
7:10
Speaker 6: Morning Ryan.
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Speaker 3: So we don't I mean I asked Winston Peters about
7:13
Speaker 3: this the other day. We're actually not sure at this point.
7:16
Speaker 3: We're just sort of we're sort of guessing, but we're
7:18
Speaker 3: not actually sure.
7:19
Speaker 6: No, Look, I can't help any further. We really don't know,
7:22
Speaker 6: but we are anticipating that twelve and a half percent
7:25
Speaker 6: will come on at some stage in the next week.
7:29
Speaker 3: Does it freak out when you see Canada getting fifty
7:31
Speaker 3: percent or is that you said that is a different case.
7:35
Speaker 6: No, look, that's quite a different case. And you know
7:37
Speaker 6: all of the processes. New Zealand's involved in a couple
7:39
Speaker 6: of trade cases or issues at the moment, went around Lamb,
7:42
Speaker 6: and there's one case as well. These are quite separate investigations.
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Speaker 6: The Canada one's quite a different, quite a different proposition.
7:52
Speaker 3: Where are we at with the Lamb one because there's
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Speaker 3: a whole bunch of Republicans and they're backed by some
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Speaker 3: local producers there who are pushing this quite hard.
8:02
Speaker 6: Yeah, look they are and it's just kicked off. So
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Speaker 6: you know there's going to be an investigation into land.
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Speaker 6: It's carried out by something called the US International Trade Commission,
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Speaker 6: So that's quite separate from government, which is that's a
8:14
Speaker 6: good thing. So it will follow an investigation that will
8:17
Speaker 6: last about four months, and we've got the ability to
8:20
Speaker 6: feed evidence into that and sax and data into that,
8:23
Speaker 6: and you know, if they determine that injury has been
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Speaker 6: caused to local producers, then they'll come up with what
8:28
Speaker 6: they call remedies, which could be a range of things,
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Speaker 6: including tarists.
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Speaker 3: When you say it's quite separate to government, is anything
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Speaker 3: that separate to government in America these days?
8:41
Speaker 6: Well?
8:42
Speaker 3: Yes, I know there's nothing we can do about that,
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Speaker 3: is there? But I mean, on the whole, the twelve
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Speaker 3: and a half percent probably going to happen. We're prepared
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Speaker 3: for that, we are.
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Speaker 6: I mean remember we were at fifteen only a short
8:56
Speaker 6: time ago. So you know, our export is a getting
9:00
Speaker 6: very used to sort of expecting the unexpected or the
9:03
Speaker 6: you know, this sort of a constant change. But twelve
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Speaker 6: and a half percent wouldn't be as bad as you know,
9:11
Speaker 6: some might have expected.
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Speaker 3: Kate Ackland beefrom Land, New Zealand, she appreciate your time
9:15
Speaker 3: this morning. As always, it is seventeen minutes after five,
9:18
Speaker 3: so we're streeting. You know, it was going to be
9:20
Speaker 3: the British Prime minister as of a few months ago.
9:23
Speaker 3: Now defense new Defense Secretary, he's got his first job
9:27
Speaker 3: and it's the Russians. So the Russians, on the same
9:30
Speaker 3: day that Andy Burnham was being sworn in as Prime
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Speaker 3: Minister of the UK, they decide abruptly south of Plymouth
9:40
Speaker 3: off the coast to fire up the warship and get
9:44
Speaker 3: their main cannon going so at very short notice, suddenly
9:49
Speaker 3: announcing it intended to fire its guns. This is a
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Speaker 3: Russian warship in the morning, and requested that a British
9:56
Speaker 3: warship which was tracking them and following them retreat a
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Speaker 3: couple of miles to a safe distance. This is seventy
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Speaker 3: k's off the coast of Plymouth for those who know Plymouth.
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Speaker 3: Thirty minute firing drill ensues at about nine thirty am.
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Speaker 3: It's in an international waters so you can't really complain
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Speaker 3: that much, but this is just close to the south
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Speaker 3: of the UK and where Streading has said after his
10:18
Speaker 3: first full day and the job, it was performative and irresponsible.
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Speaker 3: But the Russians making themselves known on a day that
10:23
Speaker 3: should be Andy's eighteen after five News Talks HEB the Early.
10:27
Speaker 1: Edition full show podcast on iHeartRadio powered by Newstalks at
10:32
Speaker 1: B before the news breaks here at first, Ryan Bridge
10:37
Speaker 1: on Early Edition with Spark for Business Technology that keeps
10:41
Speaker 1: business moving.
10:42
Speaker 2: News Talks EDB five twenty.
10:44
Speaker 3: We'll look at inflation just before six this morning. In
10:46
Speaker 3: about twenty five minutes time, we will talk to the
10:49
Speaker 3: CEO at co Op Bank about the inflation number we
10:53
Speaker 3: got yesterday. The interesting part about it is the tradeable inflation.
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Speaker 3: That's the stuff that we impored up four point eight percent,
10:58
Speaker 3: non tradables, that's domestic three point eight percent. So the
11:01
Speaker 3: Reserve Bank won't be as worried about this as perhaps
11:03
Speaker 3: the top number would have you believe. We'll get to
11:06
Speaker 3: that and shortly it's.
11:07
Speaker 2: Twenty one after five Brian Bridge to.
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Speaker 3: Gisbane parties over R and V ditching the coast from
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Speaker 3: next year after twenty three years. They say city is
11:16
Speaker 3: too remote, making selling tickets harder and attracting artists more expensive.
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Speaker 3: Reheat stalts gisben Mere with me this morning, Reheit. This
11:22
Speaker 3: has got to hurt.
11:24
Speaker 7: Yeah, we are very sad. It is tough for us.
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Speaker 7: We are really sad that twenty twenty six will be
11:31
Speaker 7: the last festival. But you know they've made the decision
11:34
Speaker 7: and they have justified why they've done it.
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Speaker 3: Did you try and keep them, did you try and
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Speaker 3: throw money at this? Or were you throwing money at
11:40
Speaker 3: this to begin with?
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Speaker 7: No, this Festus are looked after itself for twenty four
11:45
Speaker 7: years and no, we absolutely wanted them to stay. But
11:50
Speaker 7: they've made up their mind and so we will have
11:53
Speaker 7: one big last bash in twenty twenty six.
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Speaker 3: Here in Gusee, I've heard they're going to Hamilton. What
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Speaker 3: do you know?
12:00
Speaker 7: Will they go to Hamilton? No, I've heard in the
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Speaker 7: North island, but they will struggle to get a venue.
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Speaker 6: Like way Estate.
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Speaker 7: They will have to really really lock at something that
12:12
Speaker 7: is as good as this. But I haven't heard the
12:14
Speaker 7: tron yet.
12:15
Speaker 3: What's wrong with Hamilton is scoffed.
12:20
Speaker 1: I just.
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Speaker 7: Think if you come to Giston and you're camping in
12:24
Speaker 7: the vineyards and the sun is basking on you, and
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Speaker 7: you've got the beautiful beaches, I'm sure they might be
12:30
Speaker 7: might not be looking at Hamilton, but you know what,
12:33
Speaker 7: I'll be waiting for that announcement.
12:36
Speaker 3: Isn't this the sad part of it? Though? You are
12:39
Speaker 3: one of the most beautiful places in the country, but
12:42
Speaker 3: probably because you are more remote roading resilience is a problem.
12:47
Speaker 3: We have those summer storms, the air fares, the access,
12:51
Speaker 3: all of those things. Like your biggest attribute is probably
12:54
Speaker 3: also kneecapping you a bit here.
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Speaker 7: Yes, because we call it the splendid isolation. You know
13:00
Speaker 7: when you come here, beautiful beaches, lovely sunshine, but it
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Speaker 7: is a journey to get here. No one travels through Gisbone.
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Speaker 7: You have to come here, and I'm sure that was
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Speaker 7: part of the decision making future proofing their festival is
13:12
Speaker 7: making it easy to get there.
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Speaker 3: What are you going to do for three and a
13:16
Speaker 3: half three to five million dollars a year? Now the
13:19
Speaker 3: economy is going to take a hit.
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Speaker 7: One thing we do know is that we are great
13:24
Speaker 7: hosts and we do have what it takes. We've proven
13:26
Speaker 7: it for the last twenty four years. We will be
13:29
Speaker 7: actively looking how do we fill that spot? How do
13:32
Speaker 7: we make sure other people still come here, because like
13:36
Speaker 7: you said, this is a beautiful place to visit. We'll
13:39
Speaker 7: be working hard. We know we've got the goods. We
13:41
Speaker 7: just need to make sure we talk to other promoters
13:45
Speaker 7: and fill that spot out.
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Speaker 3: Grey Head Stalt's mirror of Gisbon It is twenty three
13:48
Speaker 3: minutes half to five grand Bridge nine two nine two.
13:52
Speaker 3: What's wrong with Hamilton or where do you think it
13:54
Speaker 3: will go? I mean most gigs these days go to
13:56
Speaker 3: either christ Church or Hamilton, don't they? You know the
14:00
Speaker 3: Homebrew in Wellington? Wellington's a little bit like Gisbon sort
14:04
Speaker 3: of to be avoided at the moment. Wellington hasn't got
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Speaker 3: the money to buy the tickets, so where did they go?
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Speaker 3: Hamilton with Homebrew? And then christ Church is the other
14:14
Speaker 3: one where people like to take their gigs and festivals homegrown.
14:19
Speaker 3: I was homegrown, not homebrew. Forgive me hey, somebod who's
14:23
Speaker 3: texted in rhyme. What prices went down to get the
14:25
Speaker 3: average to four point one percent for the year to
14:28
Speaker 3: join this is inflation. We've got those large items in
14:31
Speaker 3: the waged basket that went up considerably more than four
14:34
Speaker 3: point one percent. Paul, you're absolutely right. In fact, over
14:37
Speaker 3: the last two thirds of the inflation for the last
14:41
Speaker 3: quarter was petrol and diesel two thirds of it. But yes,
14:47
Speaker 3: there were things that came down. Guess what. Butter came
14:51
Speaker 3: down and we saw that in the dairy trade option
14:53
Speaker 3: this morning. Butter came down, Milk came down. There's a
14:58
Speaker 3: whole list. I'll tell you about them. Women get too
15:00
Speaker 3: the co Op CEO that's coming up in about twenty
15:03
Speaker 3: minutes Time News Talk SEVB US Talk SEMB. It is
15:07
Speaker 3: five twenty seven. Chris Hipkins is floating the idea of
15:09
Speaker 3: what is basically an effective tariff on imported cement. He
15:14
Speaker 3: reckons this could be a better way of dealing with
15:16
Speaker 3: our cement problem than the sixty million dollars in corporate
15:19
Speaker 3: welfare the government's just handed out to Golden Bay's cement.
15:22
Speaker 3: They need the bailout because the cost of buying carbon
15:25
Speaker 3: credits from twenty thirty onwards is too high. The cost
15:28
Speaker 3: of carbon credits credits is because of the ETS. When
15:32
Speaker 3: your builder goes to lay cement, for example, they might
15:36
Speaker 3: just go and buy imported stuff because it'll be cheaper
15:39
Speaker 3: no carbon costs included. So how do you get around this?
15:42
Speaker 3: This is the question for our politicians. You could change
15:45
Speaker 3: the ETS system. You could exempt cement safe steel, as
15:49
Speaker 3: we'd largely do with agriculture, but then you undermine the ETS.
15:53
Speaker 3: You could delete the ETS altogether, just get rid of it,
15:56
Speaker 3: which would mean ditching the Paris Agreement of course. Or
15:59
Speaker 3: you could do as the e You does and go
16:00
Speaker 3: with a carbon border adjustment mechanism, which is basically a
16:05
Speaker 3: carbon tariff. So you go and slap a tariff on
16:08
Speaker 3: the importers to level the playing field with your local producers.
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Speaker 8: What the Europeans argument is that they're treating those importing
16:15
Speaker 8: products the same as they are treating domestic producers, and
16:19
Speaker 8: so their argument there is actually it is about treating
16:21
Speaker 8: people equally, treating companies equally, rather than having different standards
16:25
Speaker 8: based on whether a product's produced within your zone or
16:28
Speaker 8: outside of it.
16:28
Speaker 3: It was hip consyest. Today now he's saying this is
16:31
Speaker 3: an idea labor would consider, national won't because they say
16:34
Speaker 3: it'll mess with our free trade agreements. So we're a
16:37
Speaker 3: bit boxed in here, aren't we. If we want to
16:39
Speaker 3: be a country of free trade and a climate warrior,
16:43
Speaker 3: then we seem destined to lose a bunch of local
16:45
Speaker 3: production and industry. Sure will do better in some areas,
16:49
Speaker 3: but manufacturing anything involving carbon emissions lookout. And in the
16:53
Speaker 3: meantime it looks like taxpayer funded corporate welfare. To the
16:57
Speaker 3: rescue crane Bridge twenty nine after five News TALKSB So
17:02
Speaker 3: we'll look at the inflation just before in about the
17:05
Speaker 3: quarter of an hour, and we will go to the
17:07
Speaker 3: UK to speak to Gavin Gray about the Russians firing
17:09
Speaker 3: from their worship off the coast of England. While it
17:13
Speaker 3: was meant to be Andy Burnham's moment to shine the
17:16
Speaker 3: day that he's sworn in as Prime Minister, the Battle
17:19
Speaker 3: for the Skies. This is coming up right after news.
17:22
Speaker 3: Airbus and Boeing Boeing's had their problems. Airbus is coming
17:27
Speaker 3: for them. It's the Europeans VI the Americans. Next News
17:31
Speaker 3: Talks at B.
17:44
Speaker 1: The Early edition Full the Show podcast on iHeartRadio powered
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Speaker 1: by News TALKSB, News and Views you Trust to start
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Speaker 1: your day. It's early edition with Ryan Bridge and Spark
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Speaker 1: for Business Technology that keeps Business Moving Hues Talks FB.
18:11
Speaker 3: Six year on News Talks MB. We'll get to inflation.
18:13
Speaker 3: The number looks a bit scary, doesn't it, four point
18:16
Speaker 3: one percent, but not quite as scary as it does
18:18
Speaker 3: look on paper. I'll tell you why that's coming up
18:20
Speaker 3: in fifteen minutes. Also, we'll get to the UK. Gavin's
18:22
Speaker 3: got an update for us on Burnham's first day and
18:24
Speaker 3: the job. Cabinets met a couple of texts, and I'm
18:28
Speaker 3: not surprised to hear people say let's just ditch the
18:30
Speaker 3: ets all together. That is the real That's the greater
18:35
Speaker 3: of two evils.
18:36
Speaker 2: Ryan.
18:36
Speaker 3: It appears Hipkins seems keen to get inflation back up
18:39
Speaker 3: and running higher again. If he wants to put a
18:40
Speaker 3: duty or a levee on cement imports just to keep
18:43
Speaker 3: the ETS running. Scrap the thing, Ryan, The etes needs
18:47
Speaker 3: to go. It's killing the economy. No transparency about the
18:50
Speaker 3: cost of the tax payer stunting growth. Resulting in low
18:52
Speaker 3: productivity as the rest of the world takes over twenty
18:55
Speaker 3: three away from six Ryan Bread very quickly. Actually, I'll
18:58
Speaker 3: come to this in a second. This is Boeing, the
19:03
Speaker 3: Boeing the air bus thing that's happening at the moment.
19:07
Speaker 3: If you want to get on a very big jet,
19:09
Speaker 3: one or the other will win the race. Let's first
19:11
Speaker 3: go to reporters colorm and, Toned and Collen. Good morning,
19:14
Speaker 3: Good morning Ryan. Jobs. Jobs, Jobs where you are.
19:17
Speaker 9: Yeah, that's right, Big jobs Expo I suppose you could
19:20
Speaker 9: call it. At the Otago Polytech today it's their annual
19:23
Speaker 9: employment expos So they're opening their doors to the public
19:27
Speaker 9: in general, not just students who may be looking for
19:29
Speaker 9: their first job or a change of career. More than
19:32
Speaker 9: thirty employers, organizations and recruitment agencies will be at the
19:36
Speaker 9: Dunedin campus today offering their direct access to jobs and
19:40
Speaker 9: internship opportunities. It's a three hour event and so it's
19:43
Speaker 9: open to all students and the Polytech and the university
19:47
Speaker 9: as well as anyone wanting professional career advice or exploring
19:50
Speaker 9: their next move. Confirm stallholders today range from the New
19:53
Speaker 9: Zealand Defense Force, the Department of Corrections will be there
19:57
Speaker 9: and also Healthcare Australia snooping around.
20:00
Speaker 3: How's your weathering? The odd early shower? Then find today
20:04
Speaker 3: light winds and thirteen the high Thank you very much,
20:06
Speaker 3: clear than christ Church Morning, Clear, good morning. I didn't
20:09
Speaker 3: realize it was quite this bad. Half of the parking
20:11
Speaker 3: machines in christ Church were targeted by this scam.
20:15
Speaker 10: Yeah, I don't think anyone knew it was quite this bad.
20:17
Speaker 10: We obviously shared this, I think it was last week
20:19
Speaker 10: saying that there had been these dodgy stickers found on
20:21
Speaker 10: parking machines here in christ Church. But it turns out
20:24
Speaker 10: councils now confirmed that as you say, half of the
20:26
Speaker 10: machines were targeted by this, they were effectively stickers that
20:29
Speaker 10: had a fake QR code that sent people to pay
20:32
Speaker 10: in some other platform. The money didn't pay for parking,
20:35
Speaker 10: didn't go to council. Christ Church City Council found one
20:38
Speaker 10: hundred and twenty of its own machines affected. There were
20:40
Speaker 10: also more machines that were impacted by other providers like
20:44
Speaker 10: Wilson's Parking etc. Some had also been vandalized with permanent
20:47
Speaker 10: marker that stopped people using the screens or being able
20:50
Speaker 10: to follow the legitimate instructions. I've spoken with Mayor Film Major,
20:54
Speaker 10: who says Council has provided as much information as it
20:56
Speaker 10: can to police. He says the problem is they can't
20:59
Speaker 10: calculate how much money has been lost to these scammers.
21:02
Speaker 10: That does add that he believes that they were quick
21:04
Speaker 10: and identifying the problem. He says council is not in
21:07
Speaker 10: a position to reimburse anyone, so he is urging the
21:10
Speaker 10: community to double check payment information before going through to payments.
21:14
Speaker 3: All right, how's your weather?
21:16
Speaker 10: A little bit frosty again this morning? Bit of high
21:18
Speaker 10: cloud about and then find this afternoon northeasterlys and the
21:21
Speaker 10: high should be thirteen.
21:22
Speaker 3: Last one, Claire, you've enjoyed tabs in Wellington. Morning to Bess,
21:25
Speaker 3: good morning. You've got news of a factory closure.
21:29
Speaker 11: Yeah, I sure do so. This is the multinational supplier
21:32
Speaker 11: Malt Europe. They've announced they're shutting up their Martin mill,
21:36
Speaker 11: which is southeast of wangan Nui, is the country's main
21:39
Speaker 11: malt supply so Malt Europe currently supplies around seventy percent
21:43
Speaker 11: of the total malt market, including to key breweries such
21:46
Speaker 11: as Lion, dB and asahe It's branch up in Martin.
21:50
Speaker 11: Millings has been home to the largest factory in New
21:52
Speaker 11: Zealand since two thousand and eight, and it's shutting up shop.
21:55
Speaker 11: In September, thang A Tiki Mayor Andy Watson told Local
21:59
Speaker 11: Democracy concerned about the impacts this could have on local
22:02
Speaker 11: industries and the fourteen workers at the mill. The closure
22:06
Speaker 11: of the local pulp and sawmill in twenty twenty four
22:08
Speaker 11: saw roughly two hundred and thirty jobs cut across the
22:11
Speaker 11: same region, but Watson says he's hopeful the closure could
22:14
Speaker 11: bring new opportunities for the.
22:16
Speaker 3: District that's gutting more of the same unfortunately. How's your weather?
22:21
Speaker 11: Some morning cloud for us. Otherwise fine light, northerlyies and
22:24
Speaker 11: thirteen degrees the high.
22:26
Speaker 3: Thanks mate. Emily Ansel in Auckland, Good morning, Emily, good morning.
22:29
Speaker 3: Now you have been sitting through the most interesting p
22:33
Speaker 3: one twenty. This is the Auckland Council Housing density plan change.
22:37
Speaker 3: Tell us what's happened?
22:39
Speaker 12: That's correct? Well, Auckland councilors have passed a plan to
22:42
Speaker 12: increase density in the city central areas to be prepared
22:45
Speaker 12: for public consultation. Councilors voted fifteen to seven in favor
22:49
Speaker 12: of a hybrid version of two initial options, one which
22:51
Speaker 12: covered the legal bare minimum based off recent government changes,
22:55
Speaker 12: and another which increased density along transport routes. But this
22:58
Speaker 12: version is much less than what was originally proposed, restricting
23:01
Speaker 12: density and outer areas. Specific changes include culor density from
23:06
Speaker 12: some local centers based on community board feedback, but allowing
23:09
Speaker 12: ten to fifteen stories along Western, Eastern and Southern rail lines.
23:13
Speaker 12: It will also mean the withdrawal of the other eighty
23:15
Speaker 12: five percent of Auckland which don't have any changes, which
23:18
Speaker 12: start say should speed up this process with submissions from
23:21
Speaker 12: these areas not prioritized. Those who voted against it spoke
23:24
Speaker 12: about the fact Arima changes are due to hit in
23:27
Speaker 12: a few years, effectively requiring a complete density plan replacement
23:32
Speaker 12: staff say this plan would still have a three to
23:34
Speaker 12: four year life family.
23:35
Speaker 3: If I will go online and try and search for
23:38
Speaker 3: a map, do they have an updated map yet? Because
23:40
Speaker 3: let's talk, people care about is what happens to my house?
23:42
Speaker 6: Yeah?
23:43
Speaker 12: Well, not that I understand from what they said yesterday.
23:46
Speaker 12: Because this is going out to public consultation. There are
23:49
Speaker 12: a few more steps in this process still to go
23:52
Speaker 12: five years on from when it started. So once that
23:56
Speaker 12: is confirmed then I believe staff will be preparing maps
23:59
Speaker 12: for publication to know.
24:00
Speaker 3: Emily, thank you for the update.
24:01
Speaker 12: How's our weather cloudy period's with a few showers mainly
24:04
Speaker 12: this morning. In today's high is fifteenth.
24:06
Speaker 3: Thank you very much, eighteen minutes away from six. Now
24:09
Speaker 3: let's go to the Battle of the skies. This is
24:11
Speaker 3: the Europeans via the Americans, so Bowing, which is the
24:14
Speaker 3: American outfit that makes the planes. The Triple seven X
24:17
Speaker 3: is their new plane that has what when We haven't
24:20
Speaker 3: even seen it yet because it's been delayed by seven years,
24:22
Speaker 3: so production issues, big problems for them, regulation issues, and
24:28
Speaker 3: the Europeans are looking to come and try and cut
24:31
Speaker 3: their lunch. The Triple seven X is a four hundred
24:33
Speaker 3: and fifty passenger plane. It's the wide bodies. Everybody loves
24:36
Speaker 3: a wide body. The big booty is in vogue at
24:38
Speaker 3: the moment. However, air Bus is saying, well they're not
24:42
Speaker 3: saying publicly but through sort of back channels that in
24:47
Speaker 3: the next twelve months they will look at lengthening, potentially
24:51
Speaker 3: lengthening the body of their existing A three fifties to
24:54
Speaker 3: take on Boeing because Airbus basically got out of that business.
25:00
Speaker 3: They abandoned that discontinued. There a three eighteen the double
25:03
Speaker 3: deckers in twenty nineteen. They just said, no, we're not
25:05
Speaker 3: going to do that anymore. Leave it to Boeing. Boeing's
25:07
Speaker 3: now I've got problems. Airbus could be coming back seventeen
25:10
Speaker 3: to six. We're in London next. New Zealanders are getting
25:13
Speaker 3: better at managing their money, and the tools that are
25:16
Speaker 3: helping them do that are improving all the time. But
25:18
Speaker 3: there is such a thing as too much information, which
25:21
Speaker 3: stands counterintuitive, but stick with me. You've probably heard the
25:24
Speaker 3: advice about not checking too often a long term investment
25:28
Speaker 3: like Kiwi saver. It's tempting not to follow that advice.
25:31
Speaker 3: The key, though, is focusing on the right numbers. If
25:34
Speaker 3: you're investing for something many years away, like retirement, it
25:37
Speaker 3: makes sense to judge results over several years, not what's
25:41
Speaker 3: happened in the past quarter, or the past twelve months
25:44
Speaker 3: or the past day. For long term investments, it's long
25:47
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26:00
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26:03
Speaker 3: Go to Milford esset dot com to read the Milford
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Speaker 3: Kiwisaberplane Product Disclosure Statement.
26:08
Speaker 1: International correspondence with insitn Eye Insurance Peace of mind for
26:13
Speaker 1: New Zealand business.
26:15
Speaker 3: Right with the inflation in the second thirteen to six First,
26:18
Speaker 3: it is Gevin grow in the UK for US bit
26:20
Speaker 3: of a shot across the bell from the Russian seer Gevin.
26:23
Speaker 13: Indeed, you had quite a surprise round. So this is
26:26
Speaker 13: a Russian warship just off the southwest coast of England
26:29
Speaker 13: near Plymouth, which has a naval base, and the Russian
26:32
Speaker 13: warship carried out a live fire military exercise. Now this
26:36
Speaker 13: was in the international waters around forty nautical miles off
26:39
Speaker 13: the UK coast, that's roughly seventy five kilometers. But the
26:43
Speaker 13: vessel was being timed shadowed by a Royal Navy ship
26:47
Speaker 13: at the time and carried out the military maneuver yesterday.
26:52
Speaker 13: But it's only just been revealed that this happened. Now
26:54
Speaker 13: the new Defense Secretary is saying, look, don't read anything
26:58
Speaker 13: into this, because people have been saying, oh, on Monday,
27:01
Speaker 13: the day we have a new Prime minister pledging to
27:04
Speaker 13: support Ukraine. They're saying, don't read too much into this.
27:08
Speaker 13: They're saying that it all was a sort of okay,
27:12
Speaker 13: but they're saying it was quite reckless to be doing
27:14
Speaker 13: it quite so close to the close, and also saying
27:18
Speaker 13: that the ship was being escorted by a Royal Navy
27:20
Speaker 13: vessel at the time and had engaged, as it were,
27:24
Speaker 13: in communication with HMS time with its intention to connect
27:29
Speaker 13: and conduct that gunnery activity. But as you can imagine,
27:32
Speaker 13: quite a shock. And just last month, if you remember,
27:34
Speaker 13: another Russian ship actually fired warning shots at a British
27:38
Speaker 13: couple sailing a yacht off the south coast of England.
27:41
Speaker 3: Yeah, this is Burnham's first deck was to ex the
27:43
Speaker 3: text on household electricity bills. Forty five pounds a year
27:48
Speaker 3: will be saved for each household. Is it you rocking
27:51
Speaker 3: the boat?
27:53
Speaker 13: Well, I suppose every little help. So about one hundred
27:56
Speaker 13: New Zealand dollars a year saved by reducing the tax
27:59
Speaker 13: that people pay on their electricity bills for household householders,
28:03
Speaker 13: not businesses. That is particularly important now what the government
28:07
Speaker 13: is saying, look, you know we need to try and
28:08
Speaker 13: give people a breathing space, and everything is costed. And
28:11
Speaker 13: immediately one of the ministers who had been sacked was
28:15
Speaker 13: a close ally of Secure Starmer, the previous Prime minister
28:18
Speaker 13: immediately said, but you haven't costed this. So it looks
28:22
Speaker 13: like a little bit of infighting on this. But the
28:24
Speaker 13: government is saying no, no, we've dropped the digitalized the
28:27
Speaker 13: ID scheme that is going to save us a well
28:30
Speaker 13: over a million New Zealand dollars in this year, so
28:33
Speaker 13: therefore we could afford this large s. But others are saying, well,
28:37
Speaker 13: actually you should have gone much more. We need much
28:39
Speaker 13: cheaper energy bills. The question, of course is always going
28:42
Speaker 13: to be well how are you going to pay for that?
28:44
Speaker 13: And so backwards and forwards we go. But Andy Burnham's
28:47
Speaker 13: saying more measures to be unveiled soon, all with regard
28:50
Speaker 13: to easing those cost of pressures.
28:53
Speaker 3: Kevin graye Are UK europe correspondent. It is a living away.
28:55
Speaker 2: From sex Bryant Bridge four.
28:57
Speaker 3: Point one percent. That's inflation for the year to Petrol
29:00
Speaker 3: up twenty eight percent, diesel up seventy seven percent for
29:03
Speaker 3: the quarter inflation one and a half percent, and of
29:07
Speaker 3: that quarter two increase, the war quarter, petrol and diesel
29:11
Speaker 3: accounted for two thirds of the increase.
29:14
Speaker 14: Donald Trump has certainly made things harder. And I think
29:17
Speaker 14: any economist would fully acknowledge that the cause of this
29:20
Speaker 14: high inflation and the quarter just released is the international
29:24
Speaker 14: oil shock. That is what has caused this inflation.
29:27
Speaker 3: Domestic inflation three point eight percent. By the way, Mark Wiltshire,
29:31
Speaker 3: the Cooperative Bank CEO with me this morning.
29:33
Speaker 2: Hey Mark, good morning one.
29:36
Speaker 3: Good to have you on the program. So, once you
29:38
Speaker 3: strip out fuel and food, the core inflation number not
29:41
Speaker 3: as bad as what potentially it could have been.
29:44
Speaker 15: It's still looked bit on the high side. Ryan, So
29:47
Speaker 15: we're two point nine you strip out those oil prices,
29:50
Speaker 15: but so highering of the range. I think, as you say,
29:53
Speaker 15: the fuel price is really driving this. So that at
29:56
Speaker 15: least conflict pushing up inflation and also pushing up expectations
30:01
Speaker 15: and interest rate markets. Wholesal interest rates are up on
30:05
Speaker 15: the back of that Middle East conflict.
30:07
Speaker 3: Does that mean we're going to see fixed rates because
30:09
Speaker 3: at the moment we've you know, a lot of the
30:10
Speaker 3: stuff is being priced in what the Reserve Bank's been
30:12
Speaker 3: talking about, where we see fixed rates go up soon exactly.
30:16
Speaker 15: I would think, yes, you think you're going to see
30:18
Speaker 15: fixed rates. I mean those wholesal rates are up about
30:21
Speaker 15: thirty basis points, that's point through the cents in the
30:24
Speaker 15: last couple of weeks, and I think banks will have
30:26
Speaker 15: to start pricing that on even though the OCA was
30:30
Speaker 15: priced in. As you say, those wholesale markets have lifted,
30:33
Speaker 15: so i'd expect this to be upward pressure on retail
30:38
Speaker 15: mortgage rates.
30:39
Speaker 3: When are you going to lift your rates? Mate?
30:41
Speaker 15: I think they're going to have to go pretty soon.
30:43
Speaker 15: It's yeah, it's pretty skinny out there at the moment,
30:46
Speaker 15: so yeah, I think they're not big changes, but I
30:50
Speaker 15: think we're going to have to see that pass through
30:52
Speaker 15: wholesale market has been very volatile on the back of
30:54
Speaker 15: these conflicts.
30:55
Speaker 3: How much we're talking I.
30:58
Speaker 15: Think around that kind of just what the whole our
31:00
Speaker 15: markets are in that region of thirty basis points is
31:02
Speaker 15: going to have to happen pretty.
31:04
Speaker 3: Soon, right And the other thing courses council rates, which
31:08
Speaker 3: people are texting in the program right now. As you
31:10
Speaker 3: can imagine, my council rates have gone up x y
31:12
Speaker 3: z and quarter three rates are going to be a
31:15
Speaker 3: big feature, aren't they.
31:17
Speaker 15: They are, I mean eight point eight percent in those
31:19
Speaker 15: inflation figures from council rates. So those are the big
31:23
Speaker 15: ones fuel rates, electricity, and they're not that easy to
31:27
Speaker 15: avoid for customers too, so people out there hard to
31:31
Speaker 15: really dodge those ones, and those rates are certainly effected
31:34
Speaker 15: on this inflation result.
31:35
Speaker 3: Mark All is good to have you on. Mark Wiltshire
31:37
Speaker 3: Cooperative CEO. Time is eight to six. So you go
31:40
Speaker 3: some honesty rates fixed rates for your mortgage. It's going
31:44
Speaker 3: to go up soon.
31:46
Speaker 1: Ryan Bridge on early edition with Spark for Business Technology
31:50
Speaker 1: that keeps Business moving US dog ZB It.
31:53
Speaker 3: Is six to six Ryan cement and the ets no
31:57
Speaker 3: different from pork and the welfare standards. Remember that I
32:00
Speaker 3: was thinking about this this morning, Dead Texter local products
32:03
Speaker 3: unfairly disadvantaged by local regulations. Then the cheaper imports eventually
32:08
Speaker 3: caused the closure of local industry. This is what's happening
32:10
Speaker 3: right now. It is five to six. Bread Read, Good morning, Mike.
32:15
Speaker 3: Great to see you, Ryan, to see you're great. What
32:17
Speaker 3: are you doing today?
32:18
Speaker 4: Well, I'm doing a variety of things. I've got very
32:21
Speaker 4: good news on Avocado's hot podge. I've got a hodge
32:24
Speaker 4: Podge potpourri this morning. I've got some very good news
32:26
Speaker 4: on Avocado's. I've got some concern among about the youth,
32:30
Speaker 4: and the youth are applying for more and more special
32:33
Speaker 4: assistance in the NCEA exams. So you can get you
32:36
Speaker 4: you don't have kids, but the NCAA thing, it's a
32:39
Speaker 4: gravy train of problems, and so you can go. I'm
32:42
Speaker 4: a bit anxious.
32:44
Speaker 3: I need a support person, and I need a support person.
32:46
Speaker 4: I need a writer. I need a bit of this
32:48
Speaker 4: and a bit of that, and some extra time. And
32:49
Speaker 4: those numbers have just loaded.
32:52
Speaker 3: How do you when you were doing exams at school?
32:54
Speaker 3: Did you have any tips? Because I was told that,
32:57
Speaker 3: you know, your smell is closely associated with your men,
33:00
Speaker 3: and so when I was studying, I would sit there
33:03
Speaker 3: with a lemon. Yes, smell the lemon, and then you
33:06
Speaker 3: take the lemon into the exam and put it on
33:08
Speaker 3: the desk, and it would help you remember what you
33:11
Speaker 3: had learned the day before.
33:12
Speaker 4: Did you pass school? C it's the same thing you
33:17
Speaker 4: remember your singing of the answer. It's a person sitting
33:21
Speaker 4: in a tree, So you then think of a person
33:23
Speaker 4: sitting in a tree, and then you associate it with
33:25
Speaker 4: a specific answer, or a specific theory, or a specific number.
33:30
Speaker 3: Why a person sitting in a tree?
33:32
Speaker 4: You invent what's comfortable for you, so you associate the
33:35
Speaker 4: answer with anything you want. You kicking a soccer ball
33:38
Speaker 4: in your backyard, so you go to the soccer ball
33:39
Speaker 4: in the backyard. Oh, that's that's red. That's how you say.
33:42
Speaker 4: It's just, it's just association doesn't have to be A
33:44
Speaker 4: lemon can be a fish sniffing a lemon sounds you
33:47
Speaker 4: could do it. Caw why straight straight straight to the
33:51
Speaker 4: deep fried snapper. Whatever it is. Anyway, these kids are
33:54
Speaker 4: having a lot of problems with goo. Nikola Willis of
33:56
Speaker 4: course too. I'll have to ask about the cements.
33:58
Speaker 2: Of course you do.
33:59
Speaker 4: It's an ong story, and there seem to be. It's
34:02
Speaker 4: one of those what makes a fascinating there's no actual arm.
34:06
Speaker 3: Well, there are many different roads you can go down,
34:08
Speaker 3: and they all have their problem.
34:09
Speaker 4: One hundred percent. Anyway, Joy to see.
34:11
Speaker 3: You, Joy to see you, just thinking about the man
34:15
Speaker 3: in the tree. Three to six newsicalks said there.
34:25
Speaker 1: For more from earlier edition with Ryan Bridge, listen live
34:28
Speaker 1: to news talks. It'd be from five am weekdays, or
34:31
Speaker 1: follow the podcast on iHeartRadio