Latest / Early Edition with Ryan Bridge / Full Show Podcast: 08 May 2025

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Full Show Podcast: 08 May 2025 · Early Edition with Ryan Bridge

0:01
Speaker 1: The issues is the interviews and the inside. Ryan Bridge
0:06
Speaker 1: on a early edition with one roof make your property
0:09
Speaker 1: search Simple news talks that'd be good morning.
0:12
Speaker 2: It is six after five used talks that'd be coming
0:15
Speaker 2: up this morning. The Organized Crime Task Force. This is
0:18
Speaker 2: the Casey Costello group. They're going after cash and they're
0:22
Speaker 2: going after crypto. Details of their latest report before six
0:25
Speaker 2: this morning. The new undersea electricity cable connecting North and South.
0:29
Speaker 2: Michael Gordon on the unemployment numbers. Mitch mccanni's stateside for US,
0:33
Speaker 2: and we've got smoke at the Vatican. It's not white,
0:37
Speaker 2: it's not black, it's pink.
0:42
Speaker 1: The agenda.
0:43
Speaker 2: Good morning, first day, the eighth of May. Great to
0:45
Speaker 2: have your company. Pakistan's promising to hit back this morning
0:48
Speaker 2: after India launched a missile strike. India's army says, of
0:51
Speaker 2: course they were hit at least fifteen killed by Pakistani
0:55
Speaker 2: shelling on its side.
0:57
Speaker 3: India's closest relationship is with the United States and Pakistan
1:01
Speaker 3: more and more is being supported by China. So we're
1:04
Speaker 3: talking about a conflagration which is not just two nuclear
1:07
Speaker 3: armed states, but also other major superpowers, and of course
1:10
Speaker 3: Russia is also in the.
1:12
Speaker 2: Mix meanwhile, to the Vatican and conclave is on inside
1:24
Speaker 2: the chapel. They have no communication, of course, with the
1:27
Speaker 2: outside world until they have finally made a decision.
1:30
Speaker 4: All the cleaners, the people, the cooks, all the people
1:33
Speaker 4: who will be looking after the cardinals. They've sworn an
1:36
Speaker 4: oath of secrecy. But of course gossip is inevitable only
1:41
Speaker 4: with the appearance of the next Pope on the balca
1:44
Speaker 4: of Saint Peter's surely note for certain.
1:47
Speaker 2: Remember, black smoke means no Pope. White smoke means new Pope.
1:51
Speaker 2: We should get our first black or white smoke today.
1:54
Speaker 2: We did have some pink earlier. I'll tell you about
1:56
Speaker 2: that later on. Finally, Joe Biden, who's listening at this point,
2:00
Speaker 2: done his first interview since leaving the White House. This
2:03
Speaker 2: is where the BBC says the pressure from the Trump
2:05
Speaker 2: administration on Ukraine to give up territory to Russia is
2:08
Speaker 2: quote modern day appeasement.
2:10
Speaker 5: Listen to what pun said when he talked about going
2:16
Speaker 5: from Kiev into Ukraine. He can't stand the fact that
2:22
Speaker 5: the Russian dictatorship that he runs, that the Soviet Union
2:28
Speaker 5: has collapsed, and anybody thinks you're going to start is
2:32
Speaker 5: a foolish.
2:34
Speaker 1: The news you need this morning and the in depth
2:36
Speaker 1: analysis early edition with Ryan Bridge and one roof make
2:41
Speaker 1: your property search simple news talk said.
2:43
Speaker 2: Be the old boys a hard listen, isn't it? Nine
2:46
Speaker 2: minutes after five nine nineteen the number to text would
2:48
Speaker 2: love to hear from you this morning. David Parker. I
2:52
Speaker 2: enjoyed his valedictory speech he gave it last night. That
2:56
Speaker 2: wasn't so much of a hard listen, and its typical
2:58
Speaker 2: David Parker, very technical, but he made a couple of
3:01
Speaker 2: interesting points and I want to run you through them
3:03
Speaker 2: this morning. So a couple of things on landlords and
3:05
Speaker 2: the interest deductibility he and Robertson. He says, well, not wrong,
3:10
Speaker 2: but sort of wrong. He says. The problem is, as
3:14
Speaker 2: they've always argued, landlord's outbid first home buys.
3:19
Speaker 4: It's only possible because of lack's interest deductibility rules. Leveraged
3:24
Speaker 4: landlords get capital subsidies year after year. Grant Robertson and
3:28
Speaker 4: I fixed this, but sadly it was reversed. Maybe we
3:31
Speaker 4: went a little bit far, but we were right.
3:34
Speaker 2: Right in essence, No you weren't, and yes you did
3:37
Speaker 2: go a little bit too far there, David. The cost
3:40
Speaker 2: of renting, of course, went through the roof. There are
3:43
Speaker 2: signs that's coming down now. But the bigger problem with it,
3:45
Speaker 2: and anyone who's in business will know this well, is
3:49
Speaker 2: that it is a business. And they may not like
3:53
Speaker 2: that fact. It may not sound nice to have people
3:56
Speaker 2: making modest profits off running a rental, but what's the alternative?
4:00
Speaker 2: And if we accept it's a business, imagine trying to
4:04
Speaker 2: run a business where one of your biggest costs, the
4:07
Speaker 2: thing you spend most of your revenue on, can't be
4:10
Speaker 2: offset against that revenue for tax purposes. It just doesn't
4:15
Speaker 2: add up. This utopia that he describes would be a
4:19
Speaker 2: wasteland with no business. But where Parker gets it right
4:23
Speaker 2: in his valedictory, I think, and I'm not entirely sure
4:26
Speaker 2: about this, but it's been on my mind lately as well.
4:29
Speaker 2: Looking at the greens, particularly looking at the greens of
4:32
Speaker 2: late is MMP, he says. And it was interesting watching
4:37
Speaker 2: this because old Chippy was sitting there in the front
4:39
Speaker 2: nodding his head as David Parker was saying this. He says,
4:44
Speaker 2: ditch MMP and bring in STV.
4:47
Speaker 4: Like the Aussies, we are all hostages to MMP. Why
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Speaker 4: else would so much political capital be fritted away on
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Speaker 4: identity politics while others culture wars and size society polarized.
5:00
Speaker 4: To be clear, MMP drives these behaviors in main main
5:04
Speaker 4: parties too. Under whose past the post New Zealand became
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Speaker 4: amongst the best country in the world. But EMMP was
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Speaker 4: meant to be better. Perhaps doctor Houghton is right and
5:15
Speaker 4: MMP gets worse over time.
5:17
Speaker 2: So he says, go with this TV. He said, we
5:20
Speaker 2: should look at this again and we should go with
5:22
Speaker 2: this TV. You know, where you rank your favorites, pick
5:24
Speaker 2: your phase basically, and whoever gets past fifty percent and
5:27
Speaker 2: and electorate wins. They do this in Australia. The point
5:30
Speaker 2: is you must have an electorate. And I don't know
5:35
Speaker 2: if he's right about the cultural wars and the identity
5:37
Speaker 2: politics stuff, but I think there's a point to be
5:40
Speaker 2: made about having an electorate and being competent. You're accountable
5:46
Speaker 2: to a smaller group of people. They normally know you personally.
5:50
Speaker 2: And I do trust most of us that we wouldn't
5:53
Speaker 2: elect incompetent people on scale to represent us. You know,
5:57
Speaker 2: it's easier to vote for people who have no idea
6:00
Speaker 2: what they're doing when you don't actually rely on them
6:04
Speaker 2: for anything practical. You know your immigration case will give
6:07
Speaker 2: state highway netting an upgrade or whatever it might be.
6:10
Speaker 2: So I think on that it may be worth looking
6:14
Speaker 2: at it again. Maybe twelve After five News Talks heb
6:19
Speaker 2: Ryan Bridge, Lots to come. We're going to get to
6:21
Speaker 2: our reporters around the country after half five Michael Gordon
6:24
Speaker 2: from Westpac. But next it's this cable undersea cable between
6:27
Speaker 2: north and South. How much it'll cost us to put
6:30
Speaker 2: a new one down.
6:32
Speaker 1: Get ahead of the headlines on early edition with Ryan
6:36
Speaker 1: Bridge and one Route, Make your property search simple.
6:40
Speaker 2: News Talks B five A quarter past five Now News
6:43
Speaker 2: Talks b SO conclave underway the Vatican. First vote expected
6:47
Speaker 2: this afternoon their time, so that this morning our time.
6:50
Speaker 2: Thereafter you'll have four votes held each day until one
6:55
Speaker 2: candidate reaches the two thirds majority. So basically the lucky
6:58
Speaker 2: number is eighty nine. Now the pink smoke thing, so
7:02
Speaker 2: there are some Catholic women campaigners who released pink smoke
7:06
Speaker 2: from flares. Obviously you're waiting for your black smoke and
7:10
Speaker 2: you're waiting for your white smoke. But in the meantime,
7:12
Speaker 2: we've got pink smoke, they say, because at the moment
7:15
Speaker 2: only men can be priests. Certainly you couldn't have a
7:18
Speaker 2: woman cardinal. Who are there the ones that are electing
7:22
Speaker 2: the pope. So they say, not only should you have
7:24
Speaker 2: female priests, but you should have female cardinals and presumably
7:27
Speaker 2: eventually you should have a female pope. Bryan Bridge Transpower
7:31
Speaker 2: says they need to replace the electricity cable connecting North
7:33
Speaker 2: and South. The cost one point four billion dollars. The
7:36
Speaker 2: question how much will it cost us on our power bills?
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Speaker 2: John Harvard's Major Electricity us as group chairman with me
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Speaker 2: this morning. John, Good morning, Good morning. So cables went
7:45
Speaker 2: live first, went to nineteen sixty five, replaced nineteen ninety one.
7:50
Speaker 2: End of life is twenty thirty. So we've got to
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Speaker 2: do this, don't we.
7:54
Speaker 6: Oh, we absolutely do. The cable that connects the North
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Speaker 6: and South Island literally just keeps the light on them
7:59
Speaker 6: both island, So it's absolutely essential infrastructure.
8:02
Speaker 2: What'll it do to prices chan making the fix?
8:07
Speaker 6: Yeah, So the one point four billion dollars that transpaer
8:09
Speaker 6: has quoted, that will all get passed on to consumers.
8:12
Speaker 6: So the proposal effectively is that consumers will pay one
8:16
Speaker 6: point four billion dollars more than they're currently paying. And
8:19
Speaker 6: then the proposal transpayer talks about possibly doing an additional
8:22
Speaker 6: cable for extra sort of backup security that will be
8:25
Speaker 6: in addition to the one point four billion.
8:27
Speaker 2: All right, we'll come to it back up in a second,
8:29
Speaker 2: but let's stick with one point four for now. That
8:32
Speaker 2: sounds like a lot of money, but it would be
8:34
Speaker 2: spread over the life of the asset, wouldn't it, And
8:36
Speaker 2: transmission only eight percent of our bill as it is.
8:39
Speaker 2: Do we have any idea what the number might actually
8:41
Speaker 2: look like?
8:43
Speaker 6: Not yet. It's important to note that the transpayer has
8:46
Speaker 6: to put a proposal to the Commerce Commission, and the
8:48
Speaker 6: Commerce Commission will have the final say and how much
8:51
Speaker 6: Transpayer will spend. So until that happens, we don't know
8:54
Speaker 6: the final number.
8:56
Speaker 2: What do happen to manufacturers because they're obviously the big users.
9:00
Speaker 6: Yeah, so what typically tends to happen is a greater
9:04
Speaker 6: proportion of the costs of these projects falls on large
9:07
Speaker 6: industrial manufacturers, so they will pay sort of more than
9:12
Speaker 6: a fair share of the burden. And we're not arguing
9:13
Speaker 6: with that. We need the electricity. But as we know,
9:16
Speaker 6: many of our manufacturing companies are already struggling with very
9:21
Speaker 6: high electricity prices, and that will just make this situation
9:24
Speaker 6: even worse.
9:26
Speaker 2: We don't have a backup cable as is right? Is
9:29
Speaker 2: that done? What do other countries do.
9:32
Speaker 6: Well? Most other countries are much more connected with each other.
9:37
Speaker 6: So if you think if you're in Europe, you know,
9:38
Speaker 6: if you're France and your Germany, you've got a land border,
9:41
Speaker 6: you just you know, you've already got pylons and the
9:43
Speaker 6: rest of it that connect to each other. But there
9:45
Speaker 6: are countries where they do need cables that cross the sea.
9:49
Speaker 6: So it's it's not new technology, it's the best way
9:52
Speaker 6: to do it.
9:54
Speaker 2: And it would be good to have a backup, wouldn't
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Speaker 2: it just in case things go tips up. Who benefits
9:59
Speaker 2: most from the CA Is it the South? You know?
10:01
Speaker 2: Do we send because I mean traditionally you think that
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Speaker 2: the South sends more to us? Is that still true.
10:08
Speaker 6: On average?
10:09
Speaker 7: Yes?
10:11
Speaker 6: But sort of. A recent historical trend has certainly been
10:15
Speaker 6: that more electricity is flowing from the North Island to
10:17
Speaker 6: the South Island. Particularly, think like last year or this year,
10:20
Speaker 6: which are dry years in the southern hydro lakes are
10:23
Speaker 6: low and water well. Quite often. The North Island is moving,
10:27
Speaker 6: say GEO, through more electricity or other forms of renewable electricity.
10:30
Speaker 6: They are just more prevalent in the North Island down
10:33
Speaker 6: to the South Island, and you get different season all
10:36
Speaker 6: flows as well, so the electricity certainly flows both ways
10:39
Speaker 6: now more than it used to.
10:40
Speaker 2: Interesting, John, appreciate your time this morning. John Harvard a
10:43
Speaker 2: major Electricity Users Group chair and time is nineteen after
10:47
Speaker 2: five year. On news talks, there'd be Michael Gordon from Westpac.
10:49
Speaker 1: Next on your radio and online on iHeartRadio early edition
10:54
Speaker 1: with Ryan Bridge and One Roof to make your property
10:58
Speaker 1: search simple.
11:00
Speaker 2: Five twenty one. We've got the latest organized crime report
11:03
Speaker 2: before six for you right now. Unemployment five point one
11:06
Speaker 2: percent for quarter one, which is the same as the
11:08
Speaker 2: quarter before it. No news is good news because all
11:10
Speaker 2: the economists and the RBNZ for that matter, thought it
11:13
Speaker 2: to go higher than that. Speaking of they released their
11:16
Speaker 2: financial stability report yesterday, No major surprises. We're basically banking
11:21
Speaker 2: on ocr cuts and the price of milk and meat
11:23
Speaker 2: to get us out of the hole. Banks are making
11:26
Speaker 2: a profit, which I know despite what you think is
11:29
Speaker 2: a good thing, and should things really hlp the fan
11:33
Speaker 2: with the tariffs. They've got cash to keep us going.
11:35
Speaker 2: Westpac senior economist Michael Gordon with me this morning. Michael,
11:38
Speaker 2: good morning, Good morning. Interesting that split between full time
11:41
Speaker 2: and part time on the unemployment.
11:45
Speaker 7: Yeah, I think it's one of the ways that the
11:47
Speaker 7: the labor market does flex when you have a downturn,
11:51
Speaker 7: so to the extent that people are sort of using
11:53
Speaker 7: reduced hours as an alternative to layoffs. It's one factor
11:57
Speaker 7: why the unemployment rate has risen. I think it's really
12:00
Speaker 7: risen quite as high as as some of the people
12:02
Speaker 7: were forecasting.
12:04
Speaker 2: Yeah, so what do you do you think that that
12:06
Speaker 2: is literally the reason that people have switched to part time.
12:10
Speaker 7: It does seem to be one of the responses. It's
12:13
Speaker 7: I mean, we're are sort of seeing growth in the
12:16
Speaker 7: number of part time workers. It's not because of hiring,
12:18
Speaker 7: I don't think, but it is. There's the useful indication
12:22
Speaker 7: in terms of where we go from here. I think
12:24
Speaker 7: as things pick up, businesses are going to be able
12:27
Speaker 7: to get a bit more out of their existing workers
12:29
Speaker 7: before they need to start hiring again. So I think
12:31
Speaker 7: that's why we're seeing the job ads, for instance, I've
12:34
Speaker 7: still pretty low at the moment. Business is not really
12:36
Speaker 7: under pressure to hire at this stage.
12:38
Speaker 2: Do you does this change your opinion of when it
12:40
Speaker 2: might peak unemployment?
12:43
Speaker 7: Yeah, a little bit. I mean, I think we are
12:45
Speaker 7: getting around the peak here, and there's always a little
12:49
Speaker 7: bit of wiggle room around the numbers from quarter to quarter.
12:52
Speaker 7: But bear in mind we are coming out of a
12:54
Speaker 7: couple of years where the Reserve Bank was really happy
12:57
Speaker 7: to put the brakes on the economy to deal with
12:59
Speaker 7: this serious inflation problem, and that's already changed in the
13:03
Speaker 7: last nine months or so. So while it usually takes
13:07
Speaker 7: some time for the ship to turn around, there is
13:09
Speaker 7: reason to think that the job situation in the year
13:13
Speaker 7: ahead should look better than it was from the last
13:16
Speaker 7: or the previous year or so.
13:17
Speaker 2: We'red the RBNZ Financial Stability Report out yesterday. What did
13:20
Speaker 2: you make of it?
13:23
Speaker 7: I think there was a little bit of focus on
13:26
Speaker 7: their comments on the tariff effects. Obviously sort of early stages,
13:31
Speaker 7: but it's not really something that's that's sort of directed
13:34
Speaker 7: at the monetary policy implications for this, and of course
13:38
Speaker 7: it is still early stages. We've got the reserve backs
13:41
Speaker 7: actual monetary policy statement coming later this month, they'll probably
13:44
Speaker 7: have a bit more thinking about what this might mean
13:47
Speaker 7: to interest rates here, and it's it is a tricky
13:50
Speaker 7: one because we're New Zealand's sort of not really directly
13:52
Speaker 7: in the firing line in the way that the US
13:55
Speaker 7: Central bankers they're going to be sort of met announcing
13:59
Speaker 7: later this morning. They're kind of dealing with this fact
14:02
Speaker 7: that it's going to actually be quite an inflationary effect
14:04
Speaker 7: in the US.
14:05
Speaker 2: At least, appreciate your time, Westpac Senior Economist Michael Gordon. Michael,
14:09
Speaker 2: good to have you on the show. As always, it
14:11
Speaker 2: is five twenty four News Talks CB. If you're one
14:13
Speaker 2: of those people who likes to complain about any New
14:15
Speaker 2: Zealand flight prices, the next one is for you.
14:19
Speaker 1: The early edition full the show podcast on iHeartRadio Power
14:23
Speaker 1: by News TALKSB.
14:25
Speaker 2: News TALKSB. It is twenty six minutes after five. So
14:28
Speaker 2: after all of the hand ringing, the complaints, the stomping
14:31
Speaker 2: of feet, the comcoms shooting down, talk of a probe
14:34
Speaker 2: and to domestic air fares, Foreign and co Will of
14:37
Speaker 2: course see this as a vindication, a validation that despite
14:41
Speaker 2: the headlines and consumer and zed's the market has broken claim.
14:45
Speaker 2: In fact, the reality is their costs have gone up,
14:49
Speaker 2: and surprise, surprise, it's expensive to run roots with high
14:52
Speaker 2: fixed costs to small places with more sheep than people.
14:56
Speaker 2: So they conclude doing a market study, which is easy politics,
15:01
Speaker 2: it scratches the itch, won't actually achieve anything, and by
15:05
Speaker 2: that they mean it won't lead to consumers getting a
15:08
Speaker 2: better deal. Refreshing honesty. Could the same refreshing honesty you
15:13
Speaker 2: have been applied to the claims about banking and supermarkets
15:16
Speaker 2: and petrol stations, et cetera, et cetera, et cetera. The
15:18
Speaker 2: list goes on, Like most things post COVID, costs have
15:22
Speaker 2: gone up. Airport landing charges up, air traffic control up,
15:26
Speaker 2: security levees up. And when you're in business and you
15:30
Speaker 2: own we own this one, remember fifty one percent of it.
15:33
Speaker 2: You recoup those costs by putting your own prices up.
15:37
Speaker 2: We don't want them subsidizing flights and crashing our business. Right,
15:41
Speaker 2: the business we own. We sold off the National Carrier
15:45
Speaker 2: in nineteen eighty nine. We renationalized in two thousand and
15:48
Speaker 2: one after Anset went bus that cost us close to
15:51
Speaker 2: a billion bucks. An sets problem was high costs and
15:54
Speaker 2: regulation changes when airlines failure gets expensive for tax payers. Now,
16:00
Speaker 2: I don't want to defend an airline charging me four
16:02
Speaker 2: hundred dollars to fly for forty minutes any more than
16:05
Speaker 2: the next guy. But and this is the crux of
16:08
Speaker 2: most of the complaints we hear through the media. Short flights,
16:12
Speaker 2: regional flights are expensive to run and people don't use
16:15
Speaker 2: them often enough. They use more fuel as a proportion
16:18
Speaker 2: of a total flight because of the takeoff and the climb.
16:22
Speaker 2: Takes a bit of gas to lift us into the sky,
16:24
Speaker 2: especially now we're getting so fat. The cost of fuel
16:27
Speaker 2: is a third of the operating cost for air New Zealand,
16:30
Speaker 2: something foreign can't control. That's more the purview of a
16:33
Speaker 2: Poutin or a sultan. Planes spend way too long sitting
16:36
Speaker 2: on the ground. Your costs are higher, and you've got
16:39
Speaker 2: fewer passengers to spread those costs over on the smaller routes.
16:42
Speaker 2: Using jets, of course, that would be more efficient, but
16:44
Speaker 2: again we don't have the people to fill them, which
16:47
Speaker 2: is why I said the other day, and it's true,
16:49
Speaker 2: but doesn't make it palatable. We're a small country. We
16:53
Speaker 2: pay a price for sparsely populated, beautiful, untouched landscape. The
17:00
Speaker 2: ComCom does say there's room for improvement, but on the
17:03
Speaker 2: whole the real enemy here is the politician or the
17:07
Speaker 2: talking head who tells us by simply bashing Air New
17:11
Speaker 2: Zealand's head into the wall, they can make Kiwis fly
17:15
Speaker 2: on the cheap bright and bread bread twenty nine. After
17:19
Speaker 2: five year on news Talk, SAIDB. Lots of your feedback
17:21
Speaker 2: on David Parker's speech. We'll get to that after news.
17:26
Speaker 2: Our reporters all around the country and we're state site.
17:29
Speaker 2: News Talk, SAIDB.
17:31
Speaker 7: No elass name.
17:36
Speaker 1: News and views you trust to start your day, It's
17:40
Speaker 1: early edition with Ryan Bridge and one Room, Make your
17:43
Speaker 1: property search simple.
17:45
Speaker 8: News Talk SBET you good morning, twenty four minutes away
17:54
Speaker 8: from six.
17:55
Speaker 2: Welcome to your Thursday morning. Great to have your company,
17:58
Speaker 2: our talking Air news Zieland and David Parker. David Parker
18:01
Speaker 2: delivering his valedictory last night in Parliament and see basically
18:06
Speaker 2: let's get rid of MMP. I'd prefer STV a lot
18:09
Speaker 2: of support, well, a lot of support for getting rid
18:11
Speaker 2: of MMP, but not so much love for STV. Ryan
18:14
Speaker 2: STV gave us in Hamilton this textas says, gave us
18:18
Speaker 2: the previous dender loving mayor so not keen on that Ryan.
18:23
Speaker 2: The real problem with the New Zealand, says this text.
18:26
Speaker 2: The turboprop service is the cancelations and at the drop
18:30
Speaker 2: of a hat, not so much the cost. Then it's
18:33
Speaker 2: their lack of customer service after the fact, as in
18:36
Speaker 2: no cash refunds, etc. Twenty three minutes away from six
18:39
Speaker 2: Now in America, I find this absolutely fascinating. There's a
18:43
Speaker 2: guy who was Chris Palkes's name, was killed in a
18:46
Speaker 2: road rage shooting in Arizona in twenty twenty one. The
18:51
Speaker 2: guy this three and a half years later. The guy
18:53
Speaker 2: who's up on charges for killing him, well, he's now
18:57
Speaker 2: been sentenced. And the dead guy, Chris Palke, sort of
19:03
Speaker 2: rises from the grave and does a victim impact statement
19:07
Speaker 2: courtesy played on video to the court, courtesy of artificial intelligence.
19:13
Speaker 9: To Gabriel Horksidas, the man who shot me, It is
19:17
Speaker 9: a shame we encountered each other that day in those circumstances.
19:21
Speaker 9: In another life we probably could have been friends. I
19:25
Speaker 9: believe in forgiveness and in God who forgives.
19:28
Speaker 2: Isn't that bizarre? Twenty two away from Sex Ryan Bridge,
19:33
Speaker 2: joined to our reporters around the country. Now Callen Proctor
19:35
Speaker 2: is in Duneda. Callum, the Catholic Bishop of Dunedin says
19:38
Speaker 2: the new pope needs to be a bridge builder.
19:42
Speaker 5: Here.
19:42
Speaker 8: This is Michael Dooley, Catholic Bishop.
19:45
Speaker 5: Here.
19:45
Speaker 8: He says that he needs to carry on Francis's legacy.
19:51
Speaker 8: And it's very significant that New Zealand has a presence
19:55
Speaker 8: at the election at the Sistine chapelain Kiwi Cardinal John
19:58
Speaker 8: Dewey says, it's quite a usual for such a small
20:01
Speaker 8: church the size of New Zealand's to have that representation.
20:05
Speaker 8: As we know, the doors of the Sistine Chapel have
20:07
Speaker 8: now been locked on the conclave in which one hundred
20:09
Speaker 8: and thirty five cardinals will select a new pope. The
20:12
Speaker 8: last two elections lasted just for two days.
20:15
Speaker 2: How's your weather today, Cullum.
20:17
Speaker 8: It's mainly fine for us. Rain develops later this evening.
20:20
Speaker 8: Gusty Nordley's here today the high twenty.
20:23
Speaker 2: And claire As thank you, Callum, Claires and christ Heads
20:25
Speaker 2: this morning, clear, good morning, good morning. Now you guys
20:28
Speaker 2: are very proud of your storm water management today, Well.
20:31
Speaker 10: We are, indeed national recognition. In fact, we've got the
20:35
Speaker 10: one hundred and nine hectan facility to Kudu, which has
20:38
Speaker 10: won two top awards as the Alto and New Zealand
20:42
Speaker 10: Public Works Engineering Excellence Awards. Now this wetland area was
20:47
Speaker 10: named best public Works Project over five million dollars and
20:50
Speaker 10: also received an Excellence Award for Environment and Sustainability. Now
20:55
Speaker 10: basically it's an expanse of wetland area as well as
20:57
Speaker 10: storm water storage and film traytion basins. We saw it
21:01
Speaker 10: in action last week and mere Film Major says the
21:04
Speaker 10: recognition does feel very timely given the stormwater network played
21:08
Speaker 10: such a critical role during our record rainfall last week.
21:11
Speaker 2: It certainly did. How's you weather today, clear.
21:14
Speaker 10: Mainly fine here a bit of thickening high cloud and
21:17
Speaker 10: the wheat stuff s arriving a bit later. Dusty Nordley's
21:19
Speaker 10: and twenty one degrees.
21:20
Speaker 2: Have a good one. Thank you. Mexis and Wellington Max.
21:22
Speaker 2: Good morning, good morning. Now you've got some pretty nasty
21:26
Speaker 2: graffiti going up around the city.
21:28
Speaker 11: Yeah. This popped up early yesterday. Thankfully, within a few
21:31
Speaker 11: hours had been painted over. The city council claimed it
21:34
Speaker 11: had cleaned it up. The Jewish Council reckoned it was
21:37
Speaker 11: a member of the community. Graffiti at the top of
21:39
Speaker 11: Adolph Street in Ardol Valley. I won't repeat exactly what
21:42
Speaker 11: it said, but it was very pointedly anti Semitic. The
21:46
Speaker 11: Jewish Council says it's been seeing an increase in this
21:48
Speaker 11: sort of thing, hatred, slurs and in the wake of
21:51
Speaker 11: attacks on Gaza Jewish children, abused in schools, attempted arson
21:55
Speaker 11: death threats. The Race Relations Commissioner, doctor Melissa Darby has
21:59
Speaker 11: weighed in. She calls it's shocking the graffiti, confronting and
22:03
Speaker 11: an alarming normalization of anti Semitism. A lot of pro
22:07
Speaker 11: Palestine imaging up around Wellington as well, graffiti that there's
22:11
Speaker 11: been a push to keep up as it's labeled as art.
22:14
Speaker 11: Effectively the counselors and certain counselors and mayor last year
22:18
Speaker 11: late last year said pro Palestine flags, slogans, etc. Should
22:23
Speaker 11: remain up as art, but this is very different. This
22:25
Speaker 11: is anti semitism and thankfully painted over very quickly.
22:29
Speaker 2: Yeah, thankfully they are keeping on top of that. How's
22:31
Speaker 2: your WEATHERMX?
22:33
Speaker 11: Mostly cloudy today with the odd shower seventeen the high
22:35
Speaker 11: central brilliant.
22:36
Speaker 2: Thank you Neivers and Aukland NEOVA. Good morning meetings. Greetings.
22:39
Speaker 2: Now we've had Actually I saw a great photo of
22:43
Speaker 2: from behind of Helen Clark and John Key. Oh you
22:47
Speaker 2: said this event, Yes, it sounded but weird actually, but
22:51
Speaker 2: she was resting her head on his shoulder. Look, he
22:55
Speaker 2: was obviously saying something to her during this event. It
22:58
Speaker 2: was quite a cute little photo. Well, I wonder what
23:01
Speaker 2: they would have said. Wow, they're probably just you're looking
23:03
Speaker 2: great today. Yeah, I shouldn't. I should have nice yet
23:06
Speaker 2: when you know when who.
23:09
Speaker 3: I think you are?
23:10
Speaker 2: Hey, but they're both sort of an agreeance on the
23:13
Speaker 2: Auckland bed tax idea.
23:14
Speaker 12: Yes, now, look they've both come out in favor of
23:17
Speaker 12: an Auckland bid Tex obviously to support major events and
23:20
Speaker 12: as you say, this event marking the fifteenth year of
23:23
Speaker 12: the super City.
23:24
Speaker 1: They're there and.
23:25
Speaker 12: They both spoke in support of the measure. And I'm
23:27
Speaker 12: sure you know Wayne Brown to be very happy Auckland
23:29
Speaker 12: here because he's been a staunch advocate of the policy.
23:32
Speaker 12: Simeon Brown, who's the Minister for Auckland. He told the panel, Look,
23:34
Speaker 12: it's not something that they came pained on and it's
23:37
Speaker 12: well he's saying it wasn't really a priority. So let's
23:40
Speaker 12: see what's happening there. But pretty good that Clark and
23:43
Speaker 12: Key have both come out in support of that. Oh
23:44
Speaker 12: that's a lovely wee yarns. I want to see that photo.
23:47
Speaker 2: It's a great photo.
23:48
Speaker 13: Wh did you see it?
23:50
Speaker 12: I must be in the media right what day.
23:58
Speaker 2: The problem with it is the word isn't it? That's
24:01
Speaker 2: why they don't want to go near it. But it
24:03
Speaker 2: does make a lot of sense.
24:04
Speaker 12: And especially for Auckland four events and things like that.
24:07
Speaker 2: Only isn't it? Yeah, it does, So we're on board.
24:10
Speaker 14: We are.
24:10
Speaker 2: You lean your head into my shoulder and we can
24:13
Speaker 2: kumbayar on that.
24:14
Speaker 10: Bay ya.
24:16
Speaker 2: How's the weather?
24:16
Speaker 12: And we sho on the few showers possibly heavy today,
24:20
Speaker 12: becoming more frequent this evening, but still hot twenty one man,
24:24
Speaker 12: it was hot yesterday was neither?
24:27
Speaker 2: Thank you? Good to see yes seventeen away from six
24:29
Speaker 2: News talks thereb where with Nick Harber Stateside after this
24:33
Speaker 2: and there's a new report out this morning on transnational
24:36
Speaker 2: organized crime? Did you know that we have and I
24:40
Speaker 2: didn't know this until I read this report, but did
24:42
Speaker 2: you know that we have cryptocurrency? Atm machines, about two
24:46
Speaker 2: hundred of them in New Zealand. This is a problem
24:49
Speaker 2: and they want them gone.
24:50
Speaker 1: International correspondence with ends and eye insurance, peace of mind
24:54
Speaker 1: for New Zealand business.
24:56
Speaker 2: You talk, they'd be. It's fourteen minutes away from sixty
24:59
Speaker 2: cardinals who are electing the new pope, and the Sistine
25:01
Speaker 2: Chapel still locked away. It's a secret ballot, of course,
25:04
Speaker 2: still locked away. We haven't had any smoke yet, so
25:06
Speaker 2: we don't know whether there's even been a vote held,
25:08
Speaker 2: but we are expecting mine inside the next basically that
25:10
Speaker 2: we don't have a pope. We don't have a pope
25:12
Speaker 2: at this point, but we hope to bring you that
25:15
Speaker 2: news as soon as we get it. If they don't
25:17
Speaker 2: do it in the first round today, there only be
25:19
Speaker 2: one vote today, and then if they don't do it,
25:21
Speaker 2: then there's four votes every day thereafter until they finally
25:24
Speaker 2: get one. But let's go down to Nick Harbor who
25:27
Speaker 2: Nick Harper, I should say, he's in the US for us.
25:29
Speaker 5: Nick.
25:29
Speaker 14: Good morning, Yeah, good morning to you.
25:32
Speaker 2: Good to have you on the show. Now, Biden's done
25:34
Speaker 2: this interview with the BBC. He's taken a few shots
25:36
Speaker 2: at Trump, House. It playing out.
25:39
Speaker 14: Yeah, this first interview was long awaited. It appeared on
25:41
Speaker 14: the BBC. He spoke about a whole range of things,
25:44
Speaker 14: but one of the big topics that's making headlines is
25:46
Speaker 14: the fact that, quite simply, he said he had no
25:48
Speaker 14: regrets for dropping out of the presidential race just four
25:52
Speaker 14: months before the election. He said that he'd done so
25:55
Speaker 14: much during his time in office it made it difficult
25:58
Speaker 14: to walk away. He said it was a hard decision.
26:00
Speaker 14: Of course. He handed the bat on over to Kamala
26:02
Speaker 14: Harris's vice president, and he said that even though she
26:05
Speaker 14: only had about three and a half months to mount
26:07
Speaker 14: a campaign, he didn't think it would have mattered if
26:10
Speaker 14: he dropped out earlier. He also spoke but spoke about
26:13
Speaker 14: Donald Trump's plans to try and make Canada the fifty
26:16
Speaker 14: first state of the United States to take Greenland by force.
26:20
Speaker 14: He said that that was despicable, saying no president should
26:23
Speaker 14: talk like that. And on the Russia Ukraine War, he
26:26
Speaker 14: said it was modern day appeasement to give a deal
26:29
Speaker 14: to Russia that seemed to favor Moscow over Ukraine at
26:32
Speaker 14: giving away large tracks of Ukrainian territory that Russia has
26:36
Speaker 14: taken during this conflict.
26:37
Speaker 2: Neick, how do people see that claim from him? You know,
26:39
Speaker 2: does it sounds a bit delusional to say if I
26:42
Speaker 2: had pulled out of the race sooner, it would have
26:44
Speaker 2: made no difference. I mean, he wouldn't have had that debate.
26:48
Speaker 14: You know, Well, well absolutely, I mean it went badly,
26:51
Speaker 14: badly wrong for him in the last year. It was
26:53
Speaker 14: very clear that he was struggling that disastrous debate and
26:56
Speaker 14: about June time, that really was the final nail in
26:59
Speaker 14: The Democrats apparently had been screaming at him for months
27:04
Speaker 14: before that to consider his future to potentially drop out
27:08
Speaker 14: of the race. But if he'd done so much earlier,
27:10
Speaker 14: maybe a year or so before he did, there would
27:12
Speaker 14: have been a real chance, I think for Democrats to
27:15
Speaker 14: try and find a candidate that they think would have
27:18
Speaker 14: beaten Donald Trump in the election. They just simply weren't
27:20
Speaker 14: given that chance due to that very late decision by
27:23
Speaker 14: President Biden.
27:24
Speaker 2: Yeah, interesting stuff, and Nock appreciate your time. Nick Harper,
27:27
Speaker 2: US correspondent, Picture story News. It is twelve away from
27:29
Speaker 2: six Bryan Bridge. Casey Costello's organized crime task force that
27:34
Speaker 2: April reported is out and it's quite a doozy actually,
27:36
Speaker 2: some interesting stuff in here. They say one of the
27:38
Speaker 2: biggest lies in the world is that crime doesn't pay.
27:41
Speaker 2: It actually does. Cops currently restraining seventy five million dollars
27:46
Speaker 2: a year in assets. They want to do more. So
27:48
Speaker 2: some of the recommendations from them. They say, ideally you
27:51
Speaker 2: would ban cash all together in New Zealand because obviously
27:56
Speaker 2: that's the currency of your criminal right. But they say,
28:00
Speaker 2: can't do that, so you've got to restrict its use.
28:02
Speaker 2: Certain industries they say, like construction, hospitality, agriculture. Certain industries
28:07
Speaker 2: they say should be banned from paying wages in cash.
28:10
Speaker 2: You would have to use electronic means. They want the
28:13
Speaker 2: cops to be able to monitor bank accounts in real time.
28:17
Speaker 2: A whole bunch of stuff in here. Joining me to
28:19
Speaker 2: discuss Glen Dobson, the Drug Detection Agency CEO. Glenn, good morning, Yeah.
28:23
Speaker 15: Good morning Rod.
28:24
Speaker 2: What did you make of that?
28:26
Speaker 15: Yeah, look, it's interesting reading. I think the main part
28:29
Speaker 15: of the report reinforce it you favorable conditions in terms
28:32
Speaker 15: of business, improve the market, and that's the same for
28:35
Speaker 15: transnational organized crime groups. You know, we're moving a lot
28:37
Speaker 15: of drugs New Zealand at the moment, and they go,
28:40
Speaker 15: I guess is to make unfavorable are taking cash and
28:42
Speaker 15: bring around other regulations around that.
28:44
Speaker 2: The problem they've always got is that crime moves moves fast,
28:48
Speaker 2: and enforcement agencies can only move at the speed of law,
28:52
Speaker 2: and that often takes too long.
28:55
Speaker 15: Yeah, that's right, and that's a challenge not only domestically
28:58
Speaker 15: in New Zealand, but obviously we're talking about transnational organized crime.
29:02
Speaker 15: The agencies obviously have to play within the rules the
29:05
Speaker 15: regulations allow them to play with. And I think what
29:08
Speaker 15: this report is doing is saying, hey, look, we need.
29:11
Speaker 6: To move faster.
29:11
Speaker 15: We need to move with the times. We're deal with
29:13
Speaker 15: financial markets and that moves quickly, and we need to
29:16
Speaker 15: give our authorities the best chance to target the profits
29:21
Speaker 15: of the transnational organized crime groups to stop these drugs
29:24
Speaker 15: coming into our country.
29:25
Speaker 2: That graph, how scary was it looking at that graph
29:27
Speaker 2: that shows the price of myth and fetamine and which
29:31
Speaker 2: has come down, but the use the consumption of it
29:34
Speaker 2: that there's just a line going to the sky.
29:38
Speaker 15: Yeah, look, that is really scary for the country. And
29:41
Speaker 15: we've seen recent is on the waist wood a stacks
29:43
Speaker 15: show that myth is going through the roof as well.
29:46
Speaker 15: The drug Tex changing. We had a conference just last week.
29:48
Speaker 15: We had some US experts over speaking about the global
29:52
Speaker 15: movements of drugs and so on, and one of our
29:54
Speaker 15: experts on myth actually opened the conference with saying very clearly,
29:59
Speaker 15: at all is all about the money. That's the one
30:01
Speaker 15: thing it's all about. And whether they're moving drugs or
30:03
Speaker 15: where they're moving human trafficking, whether they're doing other sort
30:06
Speaker 15: of illicit trade, it's all about the money. So I
30:08
Speaker 15: really support this report trying to cut their ability to
30:12
Speaker 15: use the profits.
30:13
Speaker 2: Yeah, interesting stuff. Appreciate your time this morning, Glenn. Glenn Dobson,
30:16
Speaker 2: the Drug detect Detectant Agency CEO, just gone nine minutes
30:20
Speaker 2: away from six.
30:22
Speaker 14: Yeah.
30:22
Speaker 2: One of the other things that it mentions is the
30:24
Speaker 2: crypto ATMs. We've got about two hundred crypto ATMs in
30:28
Speaker 2: New Zealand and they say we shouldn't. They should all
30:31
Speaker 2: be banned. Nine to six mic next.
30:34
Speaker 1: Ryan Bridge on early edition where the one Room Make
30:38
Speaker 1: Your Property Search Simple, used Talk ZIBB.
30:42
Speaker 2: Seven away from six news Talk sib So we're waiting
30:44
Speaker 2: for a pope at the Vatican City and this text
30:47
Speaker 2: because we were talking earlier about David Parker, he had
30:50
Speaker 2: his valedictory last night. Could he be at the new Pope? No,
30:53
Speaker 2: he had his valedictory last night and it was interesting.
30:55
Speaker 2: He said, get rid of m MP. He says, in
30:57
Speaker 2: an ideal word, you would get rid of MP and
30:59
Speaker 2: he would go for STV. Ryan says this text. What
31:03
Speaker 2: voting system are they using to find the new Pope?
31:05
Speaker 2: Could that be STV? Well, no, I remember black smokers. No,
31:09
Speaker 2: we haven't had any smoke yet. They are voting at
31:11
Speaker 2: the moment. Black smokers, no, white smokers.
31:14
Speaker 6: Yes.
31:15
Speaker 2: And basically each cardinal writes down their favorite on a
31:19
Speaker 2: piece of paper. It goes to a little box. They
31:23
Speaker 2: count them and you need a two thirds majority. Eighty
31:26
Speaker 2: nine is the number, and they keep going until somebody
31:30
Speaker 2: gets to two thirds. Six away from six Crayon Bridge, Mike,
31:34
Speaker 2: good morning morning.
31:35
Speaker 13: How many do you think because we were talking about
31:39
Speaker 13: this outside. First of all, they've been there for two weeks, right,
31:42
Speaker 13: So just imagine your day. My day's a busy day.
31:45
Speaker 13: Your day's a busy day because we've got stuck to
31:47
Speaker 13: do him. We our show starts at five or six
31:49
Speaker 13: o'clock and we've got some preparation. So if you're a cardinal,
31:52
Speaker 13: What is it you do all day?
31:53
Speaker 2: Literally? What does it think deeply?
31:55
Speaker 7: Exactly?
31:56
Speaker 13: That must get dull after a while, mustn't it.
31:58
Speaker 2: But that's whither also old.
32:00
Speaker 13: So then you go into your room and you go,
32:02
Speaker 13: after what, let's say, three days, you're going, God, this
32:06
Speaker 13: is boring, and so you go, Look, I don't like Brian,
32:09
Speaker 13: but look, I'm just going to write Brian down.
32:11
Speaker 2: But I think it would be probably the most interesting
32:14
Speaker 2: time of your career. Because that's politicet, that's the set
32:19
Speaker 2: I'm leading to. It's the sad business of that little
32:22
Speaker 2: moment in time to do. Your relevancy has never been greater.
32:26
Speaker 2: You may be yourreveralent. Maybe the food inside's good. What
32:29
Speaker 2: do you think, Well, they got chiefs, they've got a
32:32
Speaker 2: guest house and script it for but they've been looked after.
32:35
Speaker 2: What do you think about because this morning we had
32:37
Speaker 2: pink smoke. The female Catholics were saying we should be
32:41
Speaker 2: in there as cardinals pecking.
32:43
Speaker 13: Is that pay equity as well? Are they running through
32:45
Speaker 13: they're running that particular program in there? Do they want
32:49
Speaker 13: their own smoke?
32:50
Speaker 2: What do you think about the idea of a woman pope?
32:53
Speaker 13: Oh, I couldn't kill this. Yes, I mean, I'm after tellent.
32:56
Speaker 13: All I want is somebody who's good at the job
32:58
Speaker 13: and it's cold, is exactly what exactly, So the confident
33:01
Speaker 13: hope looked like. What doesn't that what they look like.
33:04
Speaker 13: It's what they do at the end of the day.
33:05
Speaker 13: But having said that, so we're going to talk to
33:07
Speaker 13: Nicola Willis this morning about the jobless numbers. Hopefully they
33:11
Speaker 13: peaked and five point one was it better number than
33:13
Speaker 13: we expected, which is quite exciting. And Greg four ands
33:16
Speaker 13: and Greg is going to give us his first time
33:18
Speaker 13: leaving the company interview, which will be nice to catch up.
33:21
Speaker 13: I will ask him why. Here's my vibe. It's been
33:25
Speaker 13: too hard. It's all been a bit crap. Walmart was
33:28
Speaker 13: more fun and more money and more money, and this
33:32
Speaker 13: lack of engine, lack of playing thing. I'm tired of
33:35
Speaker 13: dealing with it. And if you whine one more time
33:38
Speaker 13: about the price of tickets to Partmers the North, I'm
33:40
Speaker 13: going to hitch you.
33:41
Speaker 2: Although did you see that ComCom not study but the
33:44
Speaker 2: fact that they don't want to do a study because actually.
33:46
Speaker 13: Exactly, there's nothing to see here exactly, and that's rare
33:49
Speaker 13: from the Concorin anyway, Greek Forum with us Excell Mike.
33:52
Speaker 2: Have a great day everyone, I will see you tomorrow.
33:54
Speaker 2: And News Talk they'd be.
34:12
Speaker 1: For more from Early Edition with Ryan Bridge. Listen live
34:15
Speaker 1: to News Talks it be from five am weekdays, or
34:18
Speaker 1: follow the podcast on iHeartRadio h