Latest / Early Edition with Ryan Bridge / Full Show Podcast: 23 May 2025

Transcript

Full Show Podcast: 23 May 2025 · Early Edition with Ryan Bridge

0:01
Speaker 1: The issues, the interviews and the insight. Ryan Bridge on
0:06
Speaker 1: an early edition with one roof make your Property Search
0:10
Speaker 1: Simple used talks'd be good morning.
0:13
Speaker 2: It is six a half to five year on news
0:14
Speaker 2: Talk said be Friday morning.
0:17
Speaker 3: Welcome.
0:18
Speaker 2: It's an early edition budget special this morning, and that
0:21
Speaker 2: means we get to speak to Barb from Accounts. That's
0:24
Speaker 2: barbar Rudmonds from the Labour Party. Also Shammabil Yako will
0:26
Speaker 2: join us talk about the Kiwi Saber changes. We are
0:29
Speaker 2: going to go to Vincent mcavny, who's in the UK
0:31
Speaker 2: net migration there down fifty percent in the last year.
0:35
Speaker 2: We'll ask why piney on the Auckland FC almost to
0:39
Speaker 2: sell up for them this weekend and Trump gets his
0:42
Speaker 2: big beautiful bell through the house.
0:47
Speaker 1: The agenda.
0:48
Speaker 2: Outrage in the US this morning, our two staff at
0:51
Speaker 2: the Israeli Embassy were shot dead in Washington, d C.
0:55
Speaker 2: This is the suspect being detained yet one of those
1:08
Speaker 2: the Attorney General speaking out, this is the last thing.
1:12
Speaker 4: These two young people, they were at a religious event
1:15
Speaker 4: right around the corner from where we're standing, a religious
1:18
Speaker 4: event with friends and with coworkers. They walked outside to
1:22
Speaker 4: go home and were gunned down. That cannot happen in
1:26
Speaker 4: our community. And this is the day where we all
1:29
Speaker 4: need to come together, no matter what religion we are.
1:32
Speaker 2: Now Trump's big, beautiful bill, He's a happy chappy this morning,
1:35
Speaker 2: has passed the House, very slim, but past the House.
1:39
Speaker 2: So this is your tax cuts from the first time
1:42
Speaker 2: he was president. It's ending taxes on tips, it's increasing
1:46
Speaker 2: your military, your border spending. All that stuff still needs
1:48
Speaker 2: to go through the Senate, where probably they'll get more
1:50
Speaker 2: of the tug of war and some compromise. The UK
1:53
Speaker 2: has signed a deal to seed sovereignty of the islands
1:58
Speaker 2: of Mauritius. Deal was signed off by key allies, including
2:02
Speaker 2: New Zealand. It will allow the UK to lease the
2:04
Speaker 2: military base there for the next ninety nine years.
2:07
Speaker 5: His starma, the strategic location of this place is of
2:11
Speaker 5: the utmost significance to Britain, from deploying aircraft to defeat
2:14
Speaker 5: terrorists in Raq and Afghanistan to anticipating threats in the
2:19
Speaker 5: Red Sea and the Indo Pacific. The base is right
2:24
Speaker 5: but the foundation of our security.
2:27
Speaker 2: It's seeding sovereignty of the Chagos Islands to Mauritius now,
2:30
Speaker 2: after intense international pressure, it seems AID trucks are now
2:33
Speaker 2: making it to those who need it. In Gaza. Israel
2:36
Speaker 2: was blocking the AID of course being distributed, but now
2:39
Speaker 2: at least forty trucks are being dispatched, but still not enough.
2:43
Speaker 6: They say they need at least one hundred trucks a day,
2:46
Speaker 6: if not more, to get through the border to address
2:49
Speaker 6: the needs of the people in there. The unsay there's
2:52
Speaker 6: been disagreement between them and the Israeli army over safe
2:56
Speaker 6: passage without the AID being looted or robbed.
2:59
Speaker 2: On the other are you an Addi Das fan and
3:02
Speaker 2: Adidas fan? Well, sorry, but like Nike, they're going to
3:05
Speaker 2: put their prices up on trainers and clothing. They put
3:08
Speaker 2: the blame squarely on Trump's tariffs. Nike hasn't explicitly named
3:12
Speaker 2: them as a reason yet, but added as says it
3:15
Speaker 2: regularly makes quote price adjustments.
3:18
Speaker 1: The first word on the News of the Day early
3:22
Speaker 1: edition with Ryan Bridge and One Room to make your
3:25
Speaker 1: Property Surge Symbol News Talk Zippy.
3:29
Speaker 2: Nine minutes half to five nine two nine two is
3:31
Speaker 2: the number to text I'd love to know your score
3:33
Speaker 2: for the budget out of ten.
3:34
Speaker 3: It's a pretty meaningless.
3:35
Speaker 2: Scale really, but I'm just inton to know what your
3:38
Speaker 2: gut reactions were to it, your feelings, S and P.
3:41
Speaker 2: The rating agency is actually not having great gut reactions
3:43
Speaker 2: to it. So this is the SMP note from them
3:46
Speaker 2: last night. Spending cuts only partially offset the expected decline
3:50
Speaker 2: and revenue growth due to a weaker economy and a
3:52
Speaker 2: new accelerated depreciation policy. This is the business boost part
3:56
Speaker 2: of the package you would have heard about yesterday. They say,
3:59
Speaker 2: out our elevated twin deficits that's our fiscal deficit and
4:03
Speaker 2: our current account deficit are weaknesses that could weigh on
4:07
Speaker 2: our credit rating. That is a bad thing because when
4:10
Speaker 2: they hit your credit rating, you pay more for your debt,
4:13
Speaker 2: and it's all very already, very very expensive for us.
4:16
Speaker 2: We basically the problem is we spend more than we
4:21
Speaker 2: earn overseas, and our government at the same time spends
4:26
Speaker 2: more than it earns from taxing us. That is called
4:30
Speaker 2: living beyond your means. We'll ask Barbara Edmonds what she
4:33
Speaker 2: thinks about that later on in the program. The reaction
4:36
Speaker 2: yesterday to the budget on the news, lovely bunch of
4:39
Speaker 2: older ladies outside Parliament absolute charmers. Have a listen, I said, I.
4:46
Speaker 7: Can't believe it's still fighting this at my age seventy two.
4:51
Speaker 2: Yeah, semed a bit feral on the news last night.
4:54
Speaker 2: I don't think they do themselves any favors that they
4:56
Speaker 2: were at a pay equity protest because they just look
4:58
Speaker 2: a bit silly, look a little bit rabbit, you know,
5:01
Speaker 2: old unionists from way back swearing across the four quarter
5:05
Speaker 2: of Parliament at the government. They looked like bollocks man
5:08
Speaker 2: from the train station inside Parliament.
5:11
Speaker 3: What was going on? Where was to party? Mardy?
5:14
Speaker 2: Remember remember all of the fuss that was made to
5:17
Speaker 2: get them there, and the seats were empty. Where were
5:19
Speaker 2: they skipping class after all that fuss? So Chris Bishop
5:24
Speaker 2: tweeted a photo yesterday of Nikola Willis because she goes around,
5:27
Speaker 2: hands out the budget to everyone, two empty seats for
5:30
Speaker 2: the leaders of the to party Mardi, no debs, no arwity.
5:34
Speaker 2: And then Debbie does a Facebook post because they looked up.
5:37
Speaker 2: I was like, where we were they anyway? She does
5:39
Speaker 2: a Facebook post, she's at home. She hits back and
5:44
Speaker 2: it sounded a little bit like you know when kid
5:46
Speaker 2: gets in trouble and over explains themselves. She said this
5:50
Speaker 2: unlike his party of privilege. We run like AMAI and
5:53
Speaker 2: everyone carries the co pupper. We had one MP on media,
5:58
Speaker 2: one MP speed and the House one on Budget analysis
6:04
Speaker 2: whatever that is, one inside the budget lockdown and one
6:08
Speaker 2: on the pay equity protest that was happening outside, and
6:11
Speaker 2: then another one holding the line on the Regulatory Standards Bill. Now,
6:16
Speaker 2: anyone who knows Parliament will know just how close the
6:20
Speaker 2: fore Court of Parliament is to the debating chamber. It
6:23
Speaker 2: will take you two minutes to walk there. The protest
6:26
Speaker 2: was at one pm, the budget was at two, honestly,
6:31
Speaker 2: and you need one to do media. Most MPs do
6:34
Speaker 2: media on the way into the house. The one who
6:37
Speaker 2: went to the lockdown again it finished at too.
6:39
Speaker 3: The house starts at two.
6:41
Speaker 2: It literally makes no sense. As for those kids who
6:44
Speaker 2: are sitting around on the xbox and getting the doll,
6:47
Speaker 2: that'll now your parents will now be means tested for this.
6:50
Speaker 2: There was applause from some, but there was shock and
6:52
Speaker 2: horror from others.
6:53
Speaker 8: This was a had pushback on parents to take that responsibility.
6:58
Speaker 2: Hack that responsibility. We actually agree with these parents who
7:01
Speaker 2: were on the news last night. It is not a
7:04
Speaker 2: parent's responsibility to look after an eighteen or a nineteen
7:09
Speaker 2: year old who won't work.
7:12
Speaker 3: I agree with you, but it's certainly not mine, right
7:15
Speaker 3: iron Bridge Bridge, it's this.
7:17
Speaker 2: In minutes after five, you're on News Talk ZBB. We'll
7:19
Speaker 2: get to Shower Bill Jacob next, plus Jason Pine standing
7:22
Speaker 2: by Auckland FC here on News Talk SEDB, on.
7:26
Speaker 1: Your radio and online on iHeartRadio. Early edition with Ryan
7:31
Speaker 1: Bridge and one Roof to make your Property search simple
7:35
Speaker 1: Youth Talk z B.
7:37
Speaker 2: It's quarter past five News Talk zid B. Garrisays morning Ryan,
7:40
Speaker 2: seven out of ten for the budget last night. I'm
7:42
Speaker 2: hoping our tax take will improve operating balance, especially from
7:45
Speaker 2: farming and ird from the money owed to the government. Gary,
7:49
Speaker 2: thanks for your message this morning. Another says nine out
7:51
Speaker 2: of ten. Let's get to key we Saver. And now
7:54
Speaker 2: we've got changes to key we Saver as promised. The
7:57
Speaker 2: default key we Saver contribution will increase from three of
8:00
Speaker 2: four percent that falls on you, the worker or the employer,
8:04
Speaker 2: and the government has its contribution to a maximum of
8:07
Speaker 2: two sixty a year. The savings for the government two
8:10
Speaker 2: and a half billion dollars over four years. Shama Bill
8:12
Speaker 2: Jacob is economist at Simplicity with me this morning, Shoma,
8:15
Speaker 2: Good morning, good morning. So, if you're for a young
8:18
Speaker 2: person who's saving for their retirement, the net result of
8:22
Speaker 2: all these changes are you better off or worse off
8:25
Speaker 2: by the time you get there.
8:28
Speaker 9: You will be better off because you will have more
8:30
Speaker 9: money in retirement, but you will have less money in
8:33
Speaker 9: your back pocket on the way through.
8:35
Speaker 2: So does that mean over my lifetime am I better
8:39
Speaker 2: or worse off? Presumably better off because if I'd spent
8:42
Speaker 2: the money rather than saved it, I wouldn't get compounding returns.
8:46
Speaker 3: This is it.
8:47
Speaker 9: So the way it works is for the average person,
8:51
Speaker 9: your q server contributions will increasp about a thousand dollars
8:54
Speaker 9: a year, Your tea compare will fall by about seven
8:57
Speaker 9: hundred fifty dollars a year, and the government's revenue will
9:00
Speaker 9: increase BM but five hundred dollars a year.
9:03
Speaker 2: So anyone will lose. Anyone who will be paying any
9:06
Speaker 2: extra percent will lose seven hundred and fifty dollars a year.
9:09
Speaker 3: On average.
9:10
Speaker 9: The average person who's on earning seventy five thousand dollars.
9:13
Speaker 9: That's the typical wedge.
9:14
Speaker 3: For a QII. Okay, and how's that going to go down?
9:17
Speaker 3: Do you reckon.
9:19
Speaker 9: Well, I think that's the main worry about this thing.
9:21
Speaker 9: So I actually like the fact that we're going to
9:23
Speaker 9: increase contributions because we actually to increase even more over time.
9:27
Speaker 9: Australia is going to twelve and a half percent. But
9:29
Speaker 9: for people who are in mid, middle or low income
9:32
Speaker 9: that reduction in Tea Compei might be a bit of
9:35
Speaker 9: a concern, especially given the current cost of living crisis
9:38
Speaker 9: and people are still struggling.
9:40
Speaker 2: Right the government's sweetener for Kiwi savor that's obviously getting
9:44
Speaker 2: the chop are halved, but also means tested. This is
9:47
Speaker 2: a retirement savings scheme, and where means testing the government
9:52
Speaker 2: contribution a little ironic, we're not means testing that Super two.
9:57
Speaker 3: Well, that was my thought.
9:59
Speaker 9: It feels right that we are means testing because you know,
10:01
Speaker 9: for people like me who are earning good money, we're
10:03
Speaker 9: doing enough to save for retirement. But it seems ironic
10:07
Speaker 9: that we are very clear about means testing this particular subsidy,
10:12
Speaker 9: which only doesn't know, only cost about a billion dollars
10:15
Speaker 9: this year, right, but Super is going to cost US
10:19
Speaker 9: twenty five billion dollars and it's increasing by one and
10:21
Speaker 9: a half billion dollars a year. So there's this kind
10:23
Speaker 9: of weird kind of political incoherence that's taking place, But
10:26
Speaker 9: it's not surprising.
10:27
Speaker 3: We've been doing this for decades, right Yeah, And once
10:30
Speaker 3: Winston's gone, it'll all be sorted, I'm sure.
10:33
Speaker 2: Shammi thank you. Shamabu Jacob, a Simplicity chief economist with
10:37
Speaker 2: me this morning, a budget reaction eighteen minutes after five
10:40
Speaker 2: loads of texts coming in on people are talking about
10:43
Speaker 2: eighteen and nineteen year olds sitting on their butts playing PlayStation,
10:48
Speaker 2: which is not what anyone who's playing an AUCKLANDFC would
10:52
Speaker 2: have been doing when they were eighteen or nineteen. That
10:53
Speaker 2: would have been out on the football field. Piney on
10:55
Speaker 2: that Next News.
10:57
Speaker 1: And Views you trust to start your day is the
11:00
Speaker 1: edition with Ryan Bridge and One Room Make Your Property
11:04
Speaker 1: Search Simple, News TALKSB.
11:06
Speaker 2: Five twenty one on your Friday morning here on News
11:08
Speaker 2: Talk SB. We'll get to Barbara Evans from Labor just
11:10
Speaker 2: before six o'clock. Right now, it's game two. It is
11:13
Speaker 2: the crunch time for Auckland FC. They're taking on Melbourne victory.
11:16
Speaker 2: This is the second leg of the A League semi Final.
11:18
Speaker 2: This weekend they hold a one nil advantage right now,
11:21
Speaker 2: twenty eight thousand fans heading to Mount Smart. Jason Pine
11:24
Speaker 2: football commentator in News Talk ZBIS week in Sport host
11:26
Speaker 2: with me Piney, Good morning, get I Ryan. So what
11:29
Speaker 2: are they going to do here?
11:31
Speaker 7: Well, I mean I think they'll be. I think they'll
11:34
Speaker 7: be exactly the way they've been all season, which is
11:36
Speaker 7: going out to win football matches. There they're one nill ahead,
11:39
Speaker 7: as you say, so they know that if they don't
11:42
Speaker 7: concede they make the Grand Final. It's all done on aggregate,
11:46
Speaker 7: So anil all draw, for example, would get them through
11:49
Speaker 7: one mill on aggregate. But I just don't think it's
11:53
Speaker 7: an Auckland f c's DNA to sit back and defend
11:57
Speaker 7: for ninety minutes. And I don't really think they'll do
11:59
Speaker 7: anything other then go out tomorrow night and try and
12:02
Speaker 7: win this football match and sort of stride confidently into
12:05
Speaker 7: the final next week rather than just sort of you know,
12:08
Speaker 7: defend for ninety minutes and squeak in that way. So yeah,
12:12
Speaker 7: I think we'll see the Aukland f C we've seen
12:13
Speaker 7: pretty much all season, a very very good football side
12:17
Speaker 7: that likes to you know, obviously be tight at the back.
12:20
Speaker 7: You know, but when the opportunity presents attack, I think
12:24
Speaker 7: we'll see some goals tomorrow night without a shadow of
12:26
Speaker 7: a doubt.
12:26
Speaker 2: Plus, if they can go one nill in Melbourne, then
12:29
Speaker 2: surely they can go one better here.
12:31
Speaker 7: Yeah that's a very good point. Yeah, you expect to
12:33
Speaker 7: win your home games. You expect that home advantage means
12:36
Speaker 7: just that that you have the advantage, and you talked
12:39
Speaker 7: about the crowd and my goodness, it's going to be
12:42
Speaker 7: something else tomorrow night when when that game kicks off,
12:46
Speaker 7: and if Auckland f C can get the job done.
12:49
Speaker 7: Of course we know that next Saturday they'll host the
12:53
Speaker 7: Grand Final at the same venue, so there's huge incentive
12:56
Speaker 7: there for them to get the job done. For the
12:59
Speaker 7: fans that we'll turn up, they would love one more
13:01
Speaker 7: opportunity over Ken's birthday weekend to chair this team in
13:04
Speaker 7: a Grand final. So yep, your home advantage means just that,
13:07
Speaker 7: and it's been it's been something that Auckland f C
13:10
Speaker 7: have taken good advantage of the season.
13:12
Speaker 2: You'll be their commentating. Of course, do they give you
13:15
Speaker 2: extra soundproof glass because of the of the sound.
13:19
Speaker 7: Well I might need it, I tell you, you know, they've
13:24
Speaker 7: added extra seats, they've added extra hospitality. I think every
13:27
Speaker 7: space that's available at the ground will be utilized. But look,
13:31
Speaker 7: you have to give it to Auckland f C's you know,
13:34
Speaker 7: fan base. Just how quickly this has become a thing.
13:38
Speaker 7: You know, I mean, eighteen years without a team in Auckland,
13:41
Speaker 7: and there were doubts after what happened to the nights
13:43
Speaker 7: back in the you know, two thousand and five, two
13:45
Speaker 7: thousand and six time frame, that people would turn up. Well,
13:49
Speaker 7: goodness made They've turned up and some and made some noise.
13:52
Speaker 7: So yeah, I think I think anybody expecting or wanting
13:57
Speaker 7: a quiet night should steer clear of I'll go medium
14:01
Speaker 7: out smart tomorrow night.
14:02
Speaker 3: Good advice, Jason.
14:03
Speaker 2: Good to have you on as always, Jason Pine, football commentator,
14:06
Speaker 2: weeknd Sport hosts right here on news Talk, said B
14:08
Speaker 2: twenty four minutes.
14:09
Speaker 3: After five lots of your text, we'll get to.
14:10
Speaker 2: Them soon on the eighteen and nineteen year olds, some
14:13
Speaker 2: really good ones and actually there's there's arguments on both sides.
14:16
Speaker 3: I'll get to news Talk, said B.
14:18
Speaker 1: The early edition full the Show podcast on iHeartRadio Power
14:23
Speaker 1: by News Talks AB.
14:25
Speaker 2: Good Morning, twenty six after five, and guess what things
14:29
Speaker 2: are looking up? Futures looking bright everybody, not from the
14:33
Speaker 2: budget announcements themselves, necessarily, but the treasury forecasts if they
14:37
Speaker 2: are to be believed, and I'll more on than a second,
14:41
Speaker 2: we'll he just shy of three percent growth next year,
14:44
Speaker 2: It'll average two point nine percent, so basically three percent
14:48
Speaker 2: across the next four years. Unemployment back below five, inflation
14:52
Speaker 2: down at two, wages growing faster than costs at two
14:55
Speaker 2: point seven percent.
14:57
Speaker 3: Great, but there there is a dip.
15:01
Speaker 2: This is an update on the halfierly the HAFU. There
15:05
Speaker 2: is a dip first to get through of down point
15:09
Speaker 2: eight percent. The government surplus also a fly in the ointment.
15:13
Speaker 2: Despite that average growth of almost three percent a year
15:16
Speaker 2: for the next four years, Willis won't in any of
15:18
Speaker 2: these years return the books to surplus and actually start
15:22
Speaker 2: paying down the debt. It's very expensive. Costs us more
15:26
Speaker 2: to service than defense, police, corrections, justice, and customs combined.
15:31
Speaker 2: It peaks at forty six percent in twenty twenty eight
15:33
Speaker 2: and won't come down below the forty percent target band
15:36
Speaker 2: in this forecast period. And you say why I do?
15:40
Speaker 2: I say why not? Net debt doubled under the last lot,
15:44
Speaker 2: and your net borrowing is still increasing as a proportion
15:48
Speaker 2: of the economy, and the economy is going to grow.
15:52
Speaker 2: Willis says this would have required harsher cuts, you know, health, education,
15:55
Speaker 2: that stuff.
15:56
Speaker 3: If you were running a business.
15:57
Speaker 2: Though, you'd got the costs, wouldn't you. There's more fat
16:00
Speaker 2: to trim. But Willis sadly is not running a business,
16:03
Speaker 2: She's running a country. You cut too deep and you
16:07
Speaker 2: risk being turfed out in twenty twenty six and the
16:09
Speaker 2: next lot, reversing the cuts you've made. Anyway, in a way,
16:13
Speaker 2: deep cuts less sustainable politically than smaller, incremental ones. And
16:20
Speaker 2: this is not to take away from the growth track.
16:22
Speaker 2: The question of reliability is a reasonable one to ask.
16:26
Speaker 2: Treasury has been wrong before. We know that the elephant
16:30
Speaker 2: in the White House is, of course Donald Trump. He
16:33
Speaker 2: is to economists what cyclones are to meteorologists, quite hard
16:37
Speaker 2: to predict with accuracy. Trying to nail down an accurate
16:41
Speaker 2: forecast is a bit like trying to whack a pinata
16:45
Speaker 2: blindfolded and drunk. So all of this is to say that, finally,
16:51
Speaker 2: on the whole, you'd have to feel a bit more
16:54
Speaker 2: hopeful about the future of this country today than you
16:57
Speaker 2: did yesterday, Ryan Bridge?
16:59
Speaker 3: Do you nine? After five?
17:02
Speaker 2: Someone said, well, actually we'll come back to these. This
17:04
Speaker 2: is the eighteen or nineteen year olds who will have
17:06
Speaker 2: to rely on mummy and daddy to get by if
17:09
Speaker 2: they don't have a job, because the doll is going
17:12
Speaker 2: to be means tested. Your reaction to that, Plus Vincent
17:15
Speaker 2: McAvennie over in the UK's coming up next here on
17:18
Speaker 2: News Talk SIBB.
17:20
Speaker 10: Me too, what you what you?
17:25
Speaker 1: What you mean?
17:25
Speaker 4: Me do?
17:27
Speaker 3: What?
17:28
Speaker 8: What's your.
17:32
Speaker 11: What you me?
17:34
Speaker 9: What?
17:36
Speaker 12: What should do you do? Look what you just made
17:39
Speaker 12: me do?
17:40
Speaker 1: Ryan Bridge on early edition with one roof make your
17:44
Speaker 1: property search simple?
17:46
Speaker 3: Youth Talk zibby.
17:53
Speaker 2: Good morning, twenty four minutes away from six year on
17:55
Speaker 2: News Talk Saibb.
17:56
Speaker 3: So we've got our budgets.
17:57
Speaker 2: Here in New Zealand, announced yesterday. Over in the United States,
18:01
Speaker 2: Trump's Tax and Spend Bill has passed. It's reading in
18:05
Speaker 2: the House. It will now go through the Senate. We're
18:07
Speaker 2: going to get to Labour's Barbara Edmonds just before six
18:10
Speaker 2: o'clock for reaction. They're being accused of misinformation of course
18:14
Speaker 2: over this whole thing.
18:14
Speaker 3: Will talk to her.
18:15
Speaker 2: Plus net Migration to the UK down fifty percent. Vincent mcavinie,
18:19
Speaker 2: our correspondent, on that couple of texts on eighteen and
18:23
Speaker 2: nineteen year olds, you know, sitting on the couch, smoking weed,
18:26
Speaker 2: doing nothing, and now mum and dad will have to
18:28
Speaker 2: pay for them, not the state. Well, the parents will
18:32
Speaker 2: be means tested. So if you've got wealthy parents and
18:34
Speaker 2: the kids on the couch, then they won't get money
18:37
Speaker 2: from the state. Ryan old enough to vote. This is
18:40
Speaker 2: from Stephen, old enough to vote, old enough to receive
18:43
Speaker 2: whatever the other adults do and are entitled to.
18:46
Speaker 3: Which is kind of an interesting point.
18:49
Speaker 2: I mean, if I could, I could do that right
18:52
Speaker 2: now and I would get paid money from the state.
18:54
Speaker 2: Why shouldn't an eighteen year old they can vote, they're
18:57
Speaker 2: old enough to vote. They're an adult too in the
18:59
Speaker 2: eyes of the The problem is, if you look at
19:03
Speaker 2: the numbers, anyone an eighteen and a nineteen year old,
19:06
Speaker 2: if they're on the doll at that age, we'll spend
19:08
Speaker 2: an average of eighteen years on it. Twenty three away
19:13
Speaker 2: from six Bryan Bridge, our reporters around the country this
19:16
Speaker 2: morning Cullum's in Dunedan Cullum a charter flights to the
19:20
Speaker 2: Bluff Oyster and Food Festival is a.
19:24
Speaker 13: Shell out, Yes it is, and it didn't take long
19:27
Speaker 13: to sell these seats. In New Zealand release the special
19:31
Speaker 13: package for North Island.
19:32
Speaker 3: As last November.
19:33
Speaker 13: This is a return flight from Auckland tomorrow along with
19:36
Speaker 13: a ticket to the Bluff Oyster and Food Festival in
19:39
Speaker 13: New Zealand. Says it's been their fastest selling charter so far.
19:41
Speaker 13: All seats booked out within the hour and there will
19:44
Speaker 13: be one hundred and seventy seafood superfans on that flight
19:47
Speaker 13: tomorrow into the South for what is one of the
19:51
Speaker 13: highlights of the year here the iconic Bluff Oyster and
19:53
Speaker 13: Food Festival. It is now officially a sellout itself the
19:56
Speaker 13: event more than four thousand expected. There one concern, though,
19:59
Speaker 13: Ryan the weather this week's prevented the oyster boats from harvesting,
20:03
Speaker 13: so there's some nervous organizers. The hopeful to get out
20:06
Speaker 13: today though, to stock up on the delicacy ahead of
20:09
Speaker 13: the big festival.
20:10
Speaker 3: What would it be without the oysters? Just bluff?
20:13
Speaker 13: I suppose how's your weather fine today? With high cloud,
20:17
Speaker 13: westerlies easing and the high sixteen.
20:19
Speaker 3: Thanks Callum Clears and christ Church Clear good morning.
20:21
Speaker 10: Good morning.
20:22
Speaker 3: Now what's wrong with your water?
20:24
Speaker 2: Well, what is wrong with our water?
20:25
Speaker 4: Or maybe not?
20:26
Speaker 14: So it turns out that all but one of christ
20:28
Speaker 14: Church's water treatment plants have been found to be compliant
20:31
Speaker 14: with national Protosia drinking water standards. So the city Council's
20:36
Speaker 14: done I think more than three four hundred samples, analyzed
20:40
Speaker 14: them and found that forty four out of the forty
20:42
Speaker 14: six plants are compliant. This is particularly interesting because there
20:46
Speaker 14: has been a bit of too and throwing over our water. Recently,
20:48
Speaker 14: Greenpeace came out declaring that TOMA to otherwise claim that
20:52
Speaker 14: we had the highest equality water was misleading. So Council's
20:56
Speaker 14: gone through this process. The head of Three Waters, Gavin Hutchinson, said,
21:00
Speaker 14: achieving this Class one compliance means it's avoided having to
21:03
Speaker 14: install any PROTOSO barriers, which will save us a lot
21:07
Speaker 14: of money. That said, he does warn there are still
21:10
Speaker 14: contamination risks within the network of pipes. So unfortunately for many,
21:14
Speaker 14: our coronation is here to stay.
21:16
Speaker 3: It's still the best water in New Zealand, isn't it clear?
21:18
Speaker 13: Ye?
21:19
Speaker 14: So another reason to move here.
21:21
Speaker 3: True, you've get a good sales pitch this week.
21:23
Speaker 14: How's your weather frosty to start, then clearing to find
21:27
Speaker 14: Northwesterly's turning northeast and fifteen degrees.
21:30
Speaker 2: Last son, Thanks Claire, Max and Wellington Heymax, good morning.
21:33
Speaker 2: So you've had your What are we Are we keeping
21:35
Speaker 2: the Bagonia House?
21:36
Speaker 3: Are we keeping?
21:37
Speaker 12: Yeah?
21:37
Speaker 2: The pools?
21:38
Speaker 11: Yeah yeah yeah, all the good community things, the swimming pool,
21:41
Speaker 11: the events center in Krori, the glasshouse. All got the
21:44
Speaker 11: big ticic by council yesterday. Water reform that was maybe
21:47
Speaker 11: the big ticket that got the sign off as well.
21:50
Speaker 11: Goodbye Wellington Water, we hardly knew you. Hello, new joint
21:54
Speaker 11: entity with the Hut Polydor and Regional Council. Three councilors
21:58
Speaker 11: for some reason voting to keep Wellington Water, but a
22:01
Speaker 11: pretty strong majority to ditch it. Also a big compromiser
22:04
Speaker 11: for airbnb owners and Wellington not happy at the proposed
22:07
Speaker 11: rates increased for them. That was compromised. It came down
22:11
Speaker 11: new parking fees for motorbike riders a dollar an hour
22:15
Speaker 11: Monday to Friday. Eighty percent of the public didn't want it,
22:18
Speaker 11: but it's happened anyway. Similarly, a motion to investigate whether
22:21
Speaker 11: the Golden Mile could be delayed a little none of
22:23
Speaker 11: the Meyrial candidates wanted. Obviously, that was a shot down,
22:26
Speaker 11: full steam ahead in Wellington.
22:29
Speaker 3: So how does this all add up?
22:31
Speaker 2: I don't even want to ask. You get everything and
22:34
Speaker 2: you pay everything too. How's your weather?
22:36
Speaker 3: See?
22:37
Speaker 11: Exactly fine with light Wedding sixteen the High Central.
22:40
Speaker 3: Thank you neighbors, an Auckland, Hey Neava, good morning. Who's
22:43
Speaker 3: giving away a million dollars? Can you believe it worth
22:45
Speaker 3: of art?
22:46
Speaker 10: Exactly? So this is I kid you, not an Auckland
22:49
Speaker 10: artist giving away one million dollars worth of art. This
22:53
Speaker 10: is an exhibition with a twist. So one hundred original
22:57
Speaker 10: artworks veer up for grabs tonight. Now this is Jackarden's
23:00
Speaker 10: exhibition called money Laundering. Now with the legal contract in tow,
23:04
Speaker 10: the piece is are deemed inauthentic if sold for less
23:08
Speaker 10: than ten thousand dollars. So it's freeze giving away one
23:11
Speaker 10: hundred pieces. But you can't on sal it. So Carden
23:14
Speaker 10: says it's a distribution of one million dollars in conceptual value.
23:19
Speaker 10: He says having the artwork sold for less than ten
23:21
Speaker 10: thousand dollars destroys a chance to appreciate further, which is
23:24
Speaker 10: the point. So there's you know, like legal contracts and
23:27
Speaker 10: all that. So the exhibition it's on tonight on k
23:30
Speaker 10: Road from six o'clock.
23:31
Speaker 3: So no one pays anything.
23:33
Speaker 10: No one pays anything. You'll give them away. But that's
23:36
Speaker 10: the whole crux of it. You can't on sell it
23:38
Speaker 10: for less than ten thousand dollars, right, So that's his
23:42
Speaker 10: whole point.
23:42
Speaker 3: But who better? Who would want to buy them? Well,
23:45
Speaker 3: you're just giving them away.
23:47
Speaker 2: You just give me them away if you haven't seen them,
23:49
Speaker 2: and I thought it means they're worth nothing.
23:51
Speaker 10: I'm just wondering, you know, because you never know. They'll
23:54
Speaker 10: probably be ques down k row. Oh that's true, because
23:57
Speaker 10: that's the kind of thing that the arty, farty world
24:00
Speaker 10: people of weird like that. Yes, that's why we're not
24:02
Speaker 10: artie people.
24:03
Speaker 3: Yeah, oh they don't like it.
24:04
Speaker 5: We love it, right, we stick figures.
24:07
Speaker 10: I'm going to try to be an artist.
24:09
Speaker 2: We should do the same.
24:10
Speaker 3: How's the wea They neither cloudy?
24:12
Speaker 10: Isolated, showers clearing this afternoon, eighteen is the high here
24:15
Speaker 10: in Auckland.
24:15
Speaker 3: Brilliant.
24:16
Speaker 2: Thank you you're on News Talks B seventeen to six.
24:18
Speaker 2: Barbara Edmunds next, Vincent mcaveny.
24:20
Speaker 1: Next international correspondence with insign Eye Insurance Peace of Mind
24:25
Speaker 1: for New Zealand Business called the.
24:27
Speaker 2: Sticked On News Talks to the Abili Skips to Vincent mcaviny,
24:30
Speaker 2: our UK europe correspondent, Vincent, Welcome to the program. So
24:33
Speaker 2: we've got the UK handing over sovereignty to the Chagos
24:37
Speaker 2: Islands to Mauritius. But then there's a leaseback deal happening too.
24:41
Speaker 8: Yeah, good morning.
24:42
Speaker 12: That's right.
24:42
Speaker 8: This has been a long running dispute over the sovereignty
24:45
Speaker 8: of these islands in the Indian Ocean. This negotiation was
24:49
Speaker 8: actually started back in the previous Conservative government and it's
24:53
Speaker 8: been had to be carried on by labor because of
24:55
Speaker 8: the sovereignty dispute. So what we're doing now is transfer
25:00
Speaker 8: vowing sovereignty but leasing it for ninety nine years with
25:03
Speaker 8: a possible option of forty more for around one hundred
25:06
Speaker 8: million pounds a year. Now why are we paying that much? Well,
25:09
Speaker 8: is because it has one of the top bases for
25:12
Speaker 8: both the UK and the US. It's one of the
25:15
Speaker 8: world's most secretive sites. On this paradise island sort of
25:19
Speaker 8: sits kind of roughly between where you might It has
25:22
Speaker 8: an airport, so planes can take off there and reach
25:25
Speaker 8: both the Middle East and Southeast Asia if needed, and
25:28
Speaker 8: it's seen as a key strategic location that both countries
25:31
Speaker 8: needed to hold on to despite the dispute over sovereignty.
25:36
Speaker 2: What about nit migration your numbers this is for the
25:39
Speaker 2: UK down by almost fifty percent.
25:42
Speaker 8: Yeah, a huge fall down to four hundred and thirty
25:46
Speaker 8: one thousand in the twelve month period. The previous year
25:51
Speaker 8: it was eight hundred and sixty thousand, And really that
25:53
Speaker 8: number is what did it in for the Conservatives at
25:56
Speaker 8: last year's general election. There was a sort of huge,
26:00
Speaker 8: huge number that year, in part because pandemic restrictions around
26:03
Speaker 8: the world were lifted and we saw a sort of
26:06
Speaker 8: rush of people to the UK. But what is being
26:09
Speaker 8: cited now is changes that the UK made over the
26:12
Speaker 8: last government. So for instance, people coming to study here
26:15
Speaker 8: at universities can't bring family members automatically any more, and
26:19
Speaker 8: some other measures. And then Labor on top of that
26:21
Speaker 8: has changed our rules to try and reduce this number
26:24
Speaker 8: even further, with a new immigration bill last week putting
26:27
Speaker 8: things like language requirements in another tougher restriction. So voters
26:31
Speaker 8: continuously in this country saying immigration is the key issue
26:34
Speaker 8: for them and whether or not Labor can sort of
26:37
Speaker 8: use these numbers to beat back Nigel Faraj and the
26:40
Speaker 8: Reform Party in the polling remains to be seen.
26:44
Speaker 2: Thanks so much for that, Vincent. Vincent mcavinni our UK
26:47
Speaker 2: europe correspondent. Time is twelve minutes away from six News
26:50
Speaker 2: Talks you b Bryan Rich Can we save pay equity?
26:55
Speaker 2: Text changes for businesses? Some of the big things to
26:58
Speaker 2: come out of Budget twenty twenty five delivered by the
27:00
Speaker 2: Finance Minister yesterday. Joining us this morning is Barbara Evans,
27:03
Speaker 2: Labour's finance spokesperson.
27:06
Speaker 15: Good morning, Good morning, Ryan's big days today, wasn't it?
27:09
Speaker 3: Big day?
27:10
Speaker 2: Big day and a big claims made as well. Barbara,
27:13
Speaker 2: You've been accused your party been accused of spreading misinformation
27:16
Speaker 2: saying that the key we saver for your average young
27:19
Speaker 2: person they would be sixty six thousand dollars worse off
27:23
Speaker 2: after the changes. Will young people young kiwis be worse
27:28
Speaker 2: off or better off as a net result of the
27:32
Speaker 2: changes announced yesterday?
27:34
Speaker 15: So the sixty six thousand dollars less is what we
27:39
Speaker 15: calculated from the removal or the halving of the government
27:44
Speaker 15: contribution so I understand that with them increasing their contributions,
27:50
Speaker 15: if they increased them to four percent, because members, they
27:52
Speaker 15: could drop them down to three and then their employer
27:55
Speaker 15: lifting it up to four percent as well. Next they'll
27:59
Speaker 15: be better off. But they could have been way better
28:02
Speaker 15: off if the government had kept the contributions.
28:04
Speaker 11: In as well.
28:05
Speaker 3: So you would reverse that.
28:08
Speaker 15: We're not going to reverse anything. We're not going to
28:11
Speaker 15: say we're going to put it back in to yesterday
28:13
Speaker 15: and today is about working through that budget and we
28:16
Speaker 15: will come together with our fiscal plan pay equity.
28:19
Speaker 2: You have already said you would reverse that law change.
28:23
Speaker 2: Will you restore the full close to thirteen billion dollars
28:28
Speaker 2: that was taken from to use your words, rated from
28:31
Speaker 2: the kitty.
28:32
Speaker 15: Yeah, we're absolutely committed to pay equity. What we need
28:37
Speaker 15: to do is work through how they got to that
28:39
Speaker 15: twelve billion dollar figure, close to thirteen billion dollar figure.
28:42
Speaker 15: That'll probably come up with the budget, release of the
28:45
Speaker 15: documents and in probably about two months time. We need
28:49
Speaker 15: to work through that, but we will ensure we don't
28:52
Speaker 15: we do not shirk our responsibility and we don't want
28:55
Speaker 15: women to be paid less. So we're going to work
28:57
Speaker 15: through that Kevlen and sure we have appropriate contingency set
28:59
Speaker 15: as for it.
29:00
Speaker 2: So you will confirm that you'll get you'll restore the
29:03
Speaker 2: thirteen billion dollars.
29:05
Speaker 15: We will, we confirm we're going to reverse the changes.
29:07
Speaker 15: We're going to work through to see how the government
29:09
Speaker 15: got to that thirteen billion, because there was confusing messages
29:12
Speaker 15: from the government throughout the House in the last three weeks.
29:15
Speaker 15: That's the way understand wasn't.
29:18
Speaker 2: It wasn't that confusing yesterday it was close to thirteen
29:20
Speaker 2: billion dollars.
29:21
Speaker 3: I mean, you can't have it both ways.
29:22
Speaker 2: You can't run around and say this is women being
29:27
Speaker 2: thirteen billion dollars has been stolen from women, and then
29:31
Speaker 2: on the other hand say, actually, we don't know if
29:32
Speaker 2: that number is right.
29:34
Speaker 15: We're going to absolutely make sure we set aside the
29:37
Speaker 15: appropriate contingencies for it, and we want to work through
29:40
Speaker 15: to understand how they got to that figure. We are
29:42
Speaker 15: absolutely committed to pay equity, right, absolutely committed to it.
29:45
Speaker 2: Would you keep the learning support funding?
29:49
Speaker 15: The learning support funding is a good thing, right, But
29:51
Speaker 15: the problem is they've taken money from elsewhere within the
29:55
Speaker 15: education system. So again, like everything else in the budget,
29:59
Speaker 15: like everything, we will take to the next election. We
30:01
Speaker 15: will work through it carefully and we're part of our
30:04
Speaker 15: fiscal plan going forward.
30:05
Speaker 2: So you won't commit to keeping that learning support which
30:07
Speaker 2: has been welcomed by the unions.
30:10
Speaker 15: We welcome extra support for learning support, but does that
30:14
Speaker 15: have to be at the cost of something else in education?
30:17
Speaker 15: And the government also gave tax breaks to multinational companies
30:20
Speaker 15: two point nine billion dollars to landlords. You know there
30:23
Speaker 15: is funding there because it's about choices. They just have
30:26
Speaker 15: to choose, and the choices we will make will be
30:28
Speaker 15: covered in our fiscal plan.
30:29
Speaker 2: The problem is you're doing a lot of choices and
30:32
Speaker 2: not a lot of cutting. Right, So are you sticking
30:35
Speaker 2: to Grant Robertson's and Treasury's fifty percent cap or not?
30:39
Speaker 15: We are working. We are working currently within that cap
30:42
Speaker 15: that was given to us, both that the government is
30:45
Speaker 15: working under and part of our fiscal plan.
30:47
Speaker 2: But again at the elect choice that was at the election.
30:50
Speaker 2: You won't exceed if your plan won't exceed a fifty
30:53
Speaker 2: percent cap. You're confirming that for us this morning.
30:56
Speaker 15: There is still another budget to go, Ryan, and we
30:59
Speaker 15: still have time to put together our fiscal plan the
31:02
Speaker 15: way we currently work it and it's the way that
31:04
Speaker 15: we started with our own fiscal plan in twenty twenty three.
31:07
Speaker 15: We will work through it carefully and everybody will be
31:10
Speaker 15: able to see our plan when we announce it.
31:12
Speaker 2: Will you get to surplus the same time as national
31:15
Speaker 2: or would you push that out? Be happy to push
31:17
Speaker 2: that out again?
31:18
Speaker 15: Well then even that's questionable, right, I mean, I've seen
31:21
Speaker 15: so many commentators saying, well, do they really think they're
31:24
Speaker 15: going to get that way for thin surplus by ober
31:26
Speaker 15: gal x which is a new measure they put in
31:29
Speaker 15: by that time.
31:30
Speaker 11: But what.
31:32
Speaker 15: It's about our fiscal plan. We're going to work through
31:34
Speaker 15: it carefully and we will announce it in due course
31:37
Speaker 15: when it's time.
31:38
Speaker 2: But the problem you've got, Barbara, is that it's not
31:40
Speaker 2: adding up right. You've promised so many things, You've promised
31:44
Speaker 2: to restore so many things. This is going to mean
31:46
Speaker 2: either borrowing or taxing or pushing surplus out or all three?
31:52
Speaker 3: Which will it be?
31:54
Speaker 15: And it'll be about possibly also changing things that the
31:57
Speaker 15: government said that they're funding again, given a lot of
32:00
Speaker 15: tax breaks to different sectors. It's all about choices. Every
32:04
Speaker 15: political party will have that choice. We've still got another
32:08
Speaker 15: budget to go and we will make sure that our
32:10
Speaker 15: fiscal plan is measured, it's responsible, and it adds up.
32:14
Speaker 15: We didn't promise two hundred and fifty dollars of tax
32:17
Speaker 15: cuts two people. We still can't find a family who
32:20
Speaker 15: actually got the four two fifty.
32:21
Speaker 2: Barbara, appreciate your time this morning, Barbara Edmunds, Labor's finance spokesperson.
32:25
Speaker 3: You're on news Talk, said B.
32:26
Speaker 1: The news you need this morning and the in depth
32:29
Speaker 1: analysis early edition with Ryan Bridge and one roof make
32:33
Speaker 1: your property search simple.
32:35
Speaker 3: News talk Z.
32:36
Speaker 2: Five to six on news Talk, said B. See, there's
32:38
Speaker 2: a crazy guy over in the States in DC outside
32:42
Speaker 2: the Israeli embassy who shot dead two staffers. And you
32:46
Speaker 2: remember we had the guy who shot the health executive
32:48
Speaker 2: in New York City as well, allegedly. You just kind
32:52
Speaker 2: of despair, don't you. Those are both young people who
32:56
Speaker 2: are presumably given what they've said, on some kind of
32:59
Speaker 2: cruise and people have ended up dead. Mike's here in
33:02
Speaker 2: the studio with me this morning, as he always is.
33:05
Speaker 2: Hey Mike, Hey, Ryan, Now what's on the agenda this weekend?
33:10
Speaker 2: I've got this weekend?
33:11
Speaker 12: Yes, oh, I got a lot of good times lined
33:13
Speaker 12: up from a tremendous amount of drinking.
33:15
Speaker 3: And you're not No, I'm not you two. Your body's
33:18
Speaker 3: a temple.
33:19
Speaker 12: Body is a temple. So I'll be praying to that body, Ryan,
33:21
Speaker 12: is what I'll be doing. And I'll be decompressing after
33:24
Speaker 12: another hard week dealing with you, Nikola Willis. Nikola Willis Is,
33:28
Speaker 12: And do you know what I like most of all
33:30
Speaker 12: yesterday two hundred million dollars for the oil because that's
33:32
Speaker 12: skin and the game money. So what they're doing is people,
33:35
Speaker 12: mister it is. They're going if you want to come
33:37
Speaker 12: in and explore for oil in this country, will go
33:39
Speaker 12: in with you.
33:40
Speaker 2: So it's a government to be going into business.
33:41
Speaker 12: That's the risk side. But because our reputation is so
33:44
Speaker 12: badly damaged, they need to do it. And so that
33:46
Speaker 12: gives intent. It's intent to say we're serious.
33:49
Speaker 2: And hard for the other lot to come in and
33:51
Speaker 2: pull out. Precisely, all right, Nichola Willis with Mike this afternoon,
33:55
Speaker 2: this morning, rather have a great day.
33:57
Speaker 1: For more from early edition with Ryan's Bridge, Listen live
34:00
Speaker 1: to News Talks ITB from five am weekdays, or follow
34:04
Speaker 1: the podcast on iHeartRadio.