Latest / Early Edition with Ryan Bridge / Full Show Podcast: 13 August 2026

Transcript

Full Show Podcast: 13 August 2026 · Early Edition with Ryan Bridge

0:00
Speaker 1: The issues, the interviews and the insight. Bryan Bridge on
0:05
Speaker 1: an early edition with Spark for business Technology that keeps
0:08
Speaker 1: business moving, news talks.
0:10
Speaker 2: There'd be a very good morning six after five David
0:12
Speaker 2: Seymour on the show that is our lead this morning.
0:15
Speaker 2: We'll talk about the coalition. It's basically bau. We will
0:19
Speaker 2: also talk to Mitch McCann Stateside about the assassination attempt
0:22
Speaker 2: against Donald Trump that I told you about yesterday. We've
0:25
Speaker 2: got more details about that. The capital gains tax property values,
0:28
Speaker 2: something doesn't compute for labor, and this spy report.
0:34
Speaker 1: The agenda.
0:40
Speaker 2: It is Thursday, the thirdingth of August. Starting in the UK.
0:42
Speaker 2: Double murderer rapist Simon Levy is behind bars for life.
0:46
Speaker 3: You are someone who appears to have a morbid fascination
0:49
Speaker 3: of sex, great and crime. You ruthlessly exploited and took
0:54
Speaker 3: advantage of each of those three women for your own
0:58
Speaker 3: personal sexual satisfaction.
1:00
Speaker 2: They gave this guy bail, dumb idea went on a
1:02
Speaker 2: crime spree and they have been criticized for doing that,
1:05
Speaker 2: of course, despite clearly there was a risk.
1:08
Speaker 4: It's not acceptable for its children. Kriminal just a system
1:11
Speaker 4: to put increasing amounts of risks on the street and
1:14
Speaker 4: then say to the police, we're going to give you
1:15
Speaker 4: a bigger and bigger list of dangerous people to monitor,
1:17
Speaker 4: and then just to focus all the Cristism on us
1:19
Speaker 4: if we don't do it as well as because.
1:21
Speaker 2: Good like everybody, your wafer super cup is about to
1:24
Speaker 2: get underway. This is in Salsburg and Austria. But surprise, surprise,
1:28
Speaker 2: Infantino is not there. One of his back is still
1:32
Speaker 2: backing that.
1:32
Speaker 4: The people are decide if they are candidates for one
1:36
Speaker 4: who stand acts to put down their names.
1:38
Speaker 2: I mean there's a right thing. He's been loyal to
1:41
Speaker 2: African football. He enjoys the support of Africa. Finally, they
1:45
Speaker 2: are about right now about to start seeing this or
1:48
Speaker 2: not seeing the solar eclipse that's happening over in the
1:50
Speaker 2: UK parts of Europe. People have been going crazy for it,
1:53
Speaker 2: cuing up for hours to get their hands on special
1:55
Speaker 2: eclipse glasses. One shopkeeper in London says he's sold twenty
1:59
Speaker 2: six thousand peers.
2:02
Speaker 1: Hour by hour of the supply just keeps changing.
2:06
Speaker 2: I just tried to come here and they're completely out.
2:09
Speaker 5: Well, I'm on my lunch right, so I need to
2:11
Speaker 5: get back to us.
2:12
Speaker 6: I've got half an hour to go, and you find somewhere.
2:15
Speaker 7: Else very long queues, many cellars here at the first
2:21
Speaker 7: Ryan Bridge on early edition with sparks for business technology
2:25
Speaker 7: that keeps business moving, news talks, he'd balk.
2:28
Speaker 2: Eight minutes after five, nine nine two is the number
2:31
Speaker 2: to text, good morning Ryan. A lot of the people
2:33
Speaker 2: talking about the media yesterday. Do you know a lot
2:35
Speaker 2: of people complain about TV one, And do you know
2:39
Speaker 2: what I would say to that? Don't watch TV one.
2:41
Speaker 2: There's a there's a very good alternative. In fact, at
2:44
Speaker 2: seven o'clock this morning, you can turn on your TV
2:46
Speaker 2: onto TV three and you'll see yours. Truly, you don't
2:49
Speaker 2: have to watch TV one. It is not compulsory. This
2:52
Speaker 2: is not South Korea. There's not one state run channel.
2:57
Speaker 2: Here's what happened yesterday. Good day for in a lot
3:00
Speaker 2: of ways. Why well, the coup leaders couldn't organize a
3:04
Speaker 2: piss couldn't organize themselves a piss up in a brewery,
3:06
Speaker 2: could they? So that's put to bed. There will be
3:09
Speaker 2: no more coup attempts, no more leader speculation before the election.
3:13
Speaker 2: Anyone who's unhappy, you can go jump in the lake.
3:16
Speaker 2: Number two and I said this yesterday. I was talking
3:19
Speaker 2: to National MPs yesterday who told me that Chris Pink
3:24
Speaker 2: was doing the numbers for himself. Everyone else was saying, oh, no,
3:27
Speaker 2: he's doing it for someone else. He was doing it
3:29
Speaker 2: f rohim self. Now why he was doing it for himself,
3:33
Speaker 2: that's a different question. But the fact is, as I
3:35
Speaker 2: said yesterday, he was doing it for himself. He's gone,
3:38
Speaker 2: no more mister defense Chris Pink. The other thing that's happened,
3:43
Speaker 2: which is the most interesting part about yesterday, So yeah,
3:46
Speaker 2: there was the leadership staff. As soon as Luxon came
3:48
Speaker 2: out and said he had the numbers, it's like right
3:50
Speaker 2: time to move on boring now, and he's going to
3:54
Speaker 2: be you know, there's no point talking about it because
3:57
Speaker 2: there is no way you have a third coup attempt
4:00
Speaker 2: after two failed. Right, But what else happened after that,
4:06
Speaker 2: I think was more significant for the campaign. And it
4:08
Speaker 2: was nothing to do with what Christopher Luxon said, And
4:12
Speaker 2: it was nothing to do with what anyone in National
4:15
Speaker 2: had said. And I'll tell you what that thing is.
4:18
Speaker 2: At about twenty five minutes after five news talks, ab
4:21
Speaker 2: Ryan Bridge show me up next. We're going to look
4:22
Speaker 2: at spies. We've got an Essays report out today on
4:25
Speaker 2: what you know is that China is at Russia, Who's
4:28
Speaker 2: coming after us? Who's coming after our computers, who's coming
4:31
Speaker 2: after our government computers? All that stuff. They've had a
4:34
Speaker 2: good look under the hood. That's next, News Talk said
4:37
Speaker 2: B the Early.
4:38
Speaker 1: Edition Full the Show podcast on iHeartRadio powered by News
4:42
Speaker 1: Talks AB. Before the news breaks here it first Ryan
4:47
Speaker 1: Bridge on early edition with spark for business technology that
4:51
Speaker 1: keeps business moving.
4:53
Speaker 2: News TALKSB five thirteen on News Talk ZB across the Tessman.
4:56
Speaker 2: They've got a problem with well, they had a problem
4:58
Speaker 2: with their house prices if if you own one, that
5:01
Speaker 2: is they are falling potentially five percent. This is what
5:04
Speaker 2: the Reserve Bank said this week that house price is
5:07
Speaker 2: there as a result of the charmers and a result
5:09
Speaker 2: of the elbow budget will fall five percent. Not that
5:12
Speaker 2: Labour's actually upset about that. Just if you've own a home,
5:15
Speaker 2: particularly if you own if you're a first home buyer
5:18
Speaker 2: and you are negative negative equity, you will be in trouble.
5:22
Speaker 2: But their bigger problem this is according to the west
5:24
Speaker 2: Pac bank boss Anthony Miller. He says, you've got interest
5:29
Speaker 2: rates remaining elevated to twenty twenty eight, potentially beyond that
5:33
Speaker 2: without improvement to productivity growth. And he makes the point
5:38
Speaker 2: that productivity growth, so we need to recognize one of
5:42
Speaker 2: the reasons the property tax regime of the nineteen nineties
5:45
Speaker 2: worked really well in the nineties and one of the
5:48
Speaker 2: reasons why we've had such a great run as a
5:50
Speaker 2: country is we were really good on productivity. Then, we
5:55
Speaker 2: were really focused on productivity. The problem now is you
6:00
Speaker 2: have property prices falling and you have productivity in Australia falling.
6:07
Speaker 2: Treasury has brought the forecast down. The Reserve Bank this
6:11
Speaker 2: week has downgraded its forecast. It's now a negative territory
6:16
Speaker 2: for the December quarter. Now the Opposition has looked at
6:21
Speaker 2: Australia Bureau of Stats numbers. They reckon that it'll take
6:26
Speaker 2: labor over there eight years to regain the losses that
6:32
Speaker 2: have been made to productivity since twenty twenty two when
6:35
Speaker 2: they came into power. It's fourteen after five by the
6:39
Speaker 2: Sas the spies, they release an annual Threat Environment report.
6:43
Speaker 2: So what are we worried about is that AI's supercomputers
6:46
Speaker 2: coming after our infrastructure or the most likely scenario, alone
6:51
Speaker 2: wolf radicalized on the Internet. John G. Howard, retired Major General,
6:54
Speaker 2: New Zealand Initiative Senior fellow with me this morning, John,
6:57
Speaker 2: Good morning, Good morning, Ron, very well, thank you. So
7:01
Speaker 2: is a lone wolf? Do we know what they might
7:03
Speaker 2: be thinking or where they might come from?
7:06
Speaker 8: No, you'll never know what a lone wolf is thinking.
7:10
Speaker 8: The point that the Director General of the Essays is
7:12
Speaker 8: making is that that risk is still present in our society,
7:16
Speaker 8: as it is in Western Europe and in America.
7:21
Speaker 2: And how do you if they're a lone wolf by
7:23
Speaker 2: the definition as you can't have said, you don't really
7:26
Speaker 2: know who they are or where they are, So how
7:28
Speaker 2: do you stop them?
7:30
Speaker 8: It's a really good question. So the first thing, as
7:32
Speaker 8: they've laid out in their report is that we've just
7:34
Speaker 8: got to be aware that this risk is real. The
7:38
Speaker 8: ability to stop them is if you see something, say something.
7:41
Speaker 8: That's the classic international security and national security mantra. And
7:46
Speaker 8: none of us should be worried or concerned. We shouldn't
7:48
Speaker 8: change the way we approach our daily business. We just
7:51
Speaker 8: need to be aware of what's going on around us,
7:53
Speaker 8: and when something is of concern, then raise the issue.
7:56
Speaker 8: And this was clear to the nation and should be
7:59
Speaker 8: since our national security strategy came out three years ago.
8:01
Speaker 2: John, When you say that, you know, you know, whenever
8:04
Speaker 2: there's some sort of terror attack overseas and they're going
8:07
Speaker 2: into the other neighbors and neighbors go, oh, yeah, they
8:09
Speaker 2: were a bit weird. They kept to them, you know,
8:12
Speaker 2: they kept to themselves. I didn't talk to them much.
8:15
Speaker 2: Should we go and just ring an one hundred number
8:18
Speaker 2: about all of our weird, quiet neighbors?
8:20
Speaker 9: You know?
8:21
Speaker 8: Look, so New Zealand is a really open, friendly society
8:26
Speaker 8: and we live in a relatively calm society, which is
8:31
Speaker 8: ranked You see this with the international relations. But the
8:33
Speaker 8: concept here is if you see something that really concerns
8:36
Speaker 8: you discuss it with someone first. Whether that's with the
8:39
Speaker 8: people in your home, your wiye afano, or your community.
8:42
Speaker 8: There'll be someone there that you should start with, even
8:45
Speaker 8: if it's local law enforcement. But if you're really concerned,
8:48
Speaker 8: there are numbers to ring. And look, you know, I
8:50
Speaker 8: lived in the US for many years where this threat
8:52
Speaker 8: was a lot more real, and in Western Europe, and
8:55
Speaker 8: that these things are becoming more real for everybody every day,
8:58
Speaker 8: So it's not a cause for panic. It's a call
9:01
Speaker 8: to community in my mind, for us to be able
9:04
Speaker 8: to be aware of our neighbors and help our neighbors
9:06
Speaker 8: because someone else in the neighborhood may see something that
9:09
Speaker 8: you don't as well.
9:11
Speaker 2: What about threat prevention? Have we got enough going on there? Oh?
9:15
Speaker 8: Look, so the threat, as the report that came out
9:19
Speaker 8: overnight has clearly said, has accelerated and it has changed.
9:23
Speaker 8: It's what I call velocity and vector, so dual use technologies,
9:27
Speaker 8: and by that I mean something that might be for
9:31
Speaker 8: good artificial intelligence or small first person drones. These things
9:35
Speaker 8: can be put with criminal intents or with lethal intent
9:39
Speaker 8: against citizens, and we need to be quite aware of it.
9:42
Speaker 8: And then the ability to stop it means, as we
9:46
Speaker 8: used to say, to be forewarned is to be forearmed.
9:48
Speaker 8: So you know, I'd always say more funding and resources
9:52
Speaker 8: to the National Security Architecture and to the SAS and
9:55
Speaker 8: GCSB and police. Of course that's a decision for the
9:58
Speaker 8: cabinet table, but for all of us, be aware, be advised,
10:03
Speaker 8: and when you've got to concern, to scout and ask
10:04
Speaker 8: someone about it.
10:06
Speaker 2: John G. Howard, retired Major General, New Zealand Initiative Senior
10:08
Speaker 2: Feller always good to be on the program, eighteen after
10:11
Speaker 2: five on News Talks AB. Next. If you're worried about
10:14
Speaker 2: a capital gains tax, well look at the house prices.
10:19
Speaker 2: What are they actually going to tax?
10:21
Speaker 1: The Early edition Full the Show podcast on iHeartRadio powered
10:25
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10:30
Speaker 1: your day. It's early edition with Ryan Bridge and Spark
10:35
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10:38
Speaker 2: By twenty Right. Let's look at labour's capital gains tax
10:41
Speaker 2: in light of this new coatality data. It shows us
10:44
Speaker 2: that thirteen percent of house houses in New Zealand sold
10:47
Speaker 2: for a loss. This is the worst profitability that's inverted
10:51
Speaker 2: commas since twenty twelve. You might need to hold on
10:54
Speaker 2: to your investment property for an entire decade to make
10:57
Speaker 2: anything back. Matt Bull Property Investors Federation because he managed
11:00
Speaker 2: with me this morning. Matt, Good morning, morning, Ryan, thanks
11:04
Speaker 2: for having me on. Good to have you here. So yeah, look,
11:06
Speaker 2: no surprise that it is getting harder to sell and
11:09
Speaker 2: when you do sell you might be taking a loss.
11:12
Speaker 2: What has this got to do with the capital gains?
11:15
Speaker 10: Okay, so the data here is pretty good, but it
11:18
Speaker 10: doesn't tell the whole picture. Totality data looks at a
11:22
Speaker 10: sale ten years ago and then a sale today and
11:25
Speaker 10: compares the two and you get the nominal profit or loss.
11:28
Speaker 10: It doesn't take into account the cost of owning the property,
11:30
Speaker 10: your upgrade costs, and all of that sort of thing.
11:33
Speaker 10: But most importantly, it doesn't take into account inflation. And
11:37
Speaker 10: inflation over the last ten years is about thirty nine percent,
11:42
Speaker 10: So it's probably worth putting some numbers on this. And
11:44
Speaker 10: actually I've got an example right in my neighborhood. Some
11:48
Speaker 10: neighbors who bought a property in twenty fifteen for six
11:50
Speaker 10: hundred and fifty five thousand dollars thanks to inflation, selling
11:54
Speaker 10: now they need to make nine hundred and eleven thousand
11:57
Speaker 10: dollars to make a profit. Now they're asking price is
12:00
Speaker 10: eight hundred and thirty five thousand, So they're going to
12:03
Speaker 10: make a nominal profit, but in real terms, they're not
12:05
Speaker 10: making anything. Now. Where that comes in for labour's capital
12:08
Speaker 10: gains tax is labor is going to be taxing inflation,
12:12
Speaker 10: and that means you make a paper profit, but you
12:17
Speaker 10: are going to be taxed as if that was real income,
12:20
Speaker 10: really rubbing salt into.
12:21
Speaker 2: The wound, except that their tax doesn't come in until
12:25
Speaker 2: what twenty twenty seven, right, any increase in value post
12:28
Speaker 2: twenty twenty seven.
12:31
Speaker 10: Yeah, but that's not the point, rhyme. See, the point
12:33
Speaker 10: is from that point onwards, it doesn't matter whether you
12:36
Speaker 10: actually make an actual profit or not. You're going to
12:39
Speaker 10: be taxed on inflation. Yes, so, but I said, those
12:41
Speaker 10: tax comes in. We look back in ten years time,
12:44
Speaker 10: this is the picture we're going to see.
12:46
Speaker 2: I understand what you're saying, but I think that you know,
12:49
Speaker 2: to be fair to them, you can as an investor
12:53
Speaker 2: make a decision around that, you know what I mean.
12:55
Speaker 2: You can you can say, all right, well, I know
12:57
Speaker 2: these guys are coming in, Well, these guys might be
13:00
Speaker 2: coming in and they will be doing this from twenty
13:02
Speaker 2: twenty seven. Therefore I'll organ my eyes my fears around
13:05
Speaker 2: basically getting out of property potentially.
13:08
Speaker 10: Well, that's one option.
13:09
Speaker 2: I mean.
13:10
Speaker 10: The other option is that labor makes an allowance for inflation,
13:12
Speaker 10: and that would make the tax fair and I think
13:15
Speaker 10: people would understand that. But yeah, you're right. The other
13:18
Speaker 10: option is that people adjust their affairs accordingly. And I'm
13:21
Speaker 10: afraid Ryan, I think this would put a wrecking ball
13:23
Speaker 10: through the rental market. People will just stop investing in
13:27
Speaker 10: rental properties because of that worry that they're going to
13:30
Speaker 10: be taxed on inflation.
13:32
Speaker 2: Have you heard of anyone lately who's been trying to
13:34
Speaker 2: sell their rental property? How is it out there?
13:38
Speaker 10: It is tough, and yes, I'm here a people all
13:41
Speaker 10: the time who are selling rental properties. Some of them
13:44
Speaker 10: are worried about the election and are actually getting out
13:46
Speaker 10: ahead of the game. Others are just sitting tight and
13:50
Speaker 10: watching a bit nervously. So yeah, definitely subdued in some
13:54
Speaker 10: parts of that country. As always, it's better than others.
13:57
Speaker 10: So if you're in Auckland or Wellington, things are pretty tough,
14:01
Speaker 10: and if you're in parts of the country like down south,
14:04
Speaker 10: things are a bit better.
14:06
Speaker 2: Matt, Thank you. Always got to chat Matt Bull Property
14:08
Speaker 2: Investors Federation time in twenty four minutes after five, just
14:12
Speaker 2: while we're on the spires. Very briefly, so, the German
14:15
Speaker 2: government they basically haven't been able to spy properly since
14:18
Speaker 2: the war for obvious reasons, because we know what they
14:21
Speaker 2: did with those spooks wasn't great anyway. As a result,
14:24
Speaker 2: they've sort of like Japan with sure they've done defensive
14:29
Speaker 2: but offensive weapons. You know, they've just kind of been
14:32
Speaker 2: on the sidelines. Let's not let them go there. Well,
14:35
Speaker 2: now they want to go there. This is after that,
14:37
Speaker 2: you know the Pride parade where some nutter drove a
14:40
Speaker 2: car apparently it was associated with Islamic terrorism, drove a
14:46
Speaker 2: car into a crowd of people. Well, they need to
14:49
Speaker 2: actually prevent those sorts of things from happening. So the
14:51
Speaker 2: German government has now proved a draft law that would
14:54
Speaker 2: lift the restrictions on spy agencies that have been there
14:58
Speaker 2: since the post war period. Fascinating. Twenty five after five,
15:01
Speaker 2: News Talks said B. I'll tell you all about what
15:03
Speaker 2: happened yesterday? What really happened yesterday? Next News Talk said B.
15:07
Speaker 2: Twenty seven minutes after five. Everything in this election has
15:11
Speaker 2: just been turned on its head in twenty four hours
15:13
Speaker 2: for three reasons, and it's not because of National. Firstly,
15:17
Speaker 2: yesterday Chris Hopkins was asked if he would do a
15:20
Speaker 2: deal with TOP and how he would do a deal
15:24
Speaker 2: with TOP. What are the caveats, what are the parameters?
15:26
Speaker 2: This is what he said.
15:29
Speaker 7: The National part, he might not have been able to
15:30
Speaker 7: get rid of Christopher Lux and New Zealanders can on
15:33
Speaker 7: the seventh of November.
15:35
Speaker 2: So what he went on to say is that they
15:38
Speaker 2: were the Labor Party, were quote going to do whatever
15:45
Speaker 2: and going to listen to the voters. On Top, now
15:50
Speaker 2: that is a very different thing to what he has
15:53
Speaker 2: said previously. Top is looking more and more likely to
15:57
Speaker 2: get into Parliament and could hold the balance of power. Luxon,
16:01
Speaker 2: while wounded, will not face another coup now that his
16:04
Speaker 2: detractors would basically couldn't August organize a piss up in
16:07
Speaker 2: a brewery and couldn't get themselves on into a single
16:09
Speaker 2: ticket to topple the boss. In this case, the old
16:13
Speaker 2: saying is tipped on its head. Form me once, shame
16:16
Speaker 2: on me, for me twice, shame on you. There are
16:19
Speaker 2: no third chances for a coup pre election, which brings
16:23
Speaker 2: us to the state of play. This election is going
16:25
Speaker 2: to be fought one and lost on one issue, and
16:27
Speaker 2: that's tax. For Hipkins to woo the Greens to party
16:32
Speaker 2: Marti and Opportunity, they will need to move on tax.
16:36
Speaker 2: Chloe Q Laywong and Debbie are loading the gun, cocking
16:40
Speaker 2: it and wanting to fire on Kiwii households on tax,
16:43
Speaker 2: So which taxes I went to tops calculated this morning
16:47
Speaker 2: for the land tax. If you're a single, divorced mum
16:50
Speaker 2: with a house from your settlement, maybe with your ex
16:52
Speaker 2: husband worth two million bucks, which is, let's be honest,
16:55
Speaker 2: not much in Auckland these days or the Deep South,
16:58
Speaker 2: you'll be paying an extra four hundred and fifty six
17:02
Speaker 2: dollars a week in tax. That's if you're on one
17:06
Speaker 2: hundred k a year salary. That includes thirty five thousand
17:10
Speaker 2: dollars a year in land taxes. If you're a couple
17:13
Speaker 2: with kids living in Beachland's in Auckland, you'll be paying
17:16
Speaker 2: an extra thirty bucks a week in taxes, including twenty
17:20
Speaker 2: four thousand dollars in property taxes. That's before you've factored
17:23
Speaker 2: in taxes on farmland and effective inheritance tax, labour's capital
17:28
Speaker 2: gains tax. I mean you can throw the kitchen sink
17:31
Speaker 2: at this when you add them all together. The fact
17:34
Speaker 2: we don't know how these four blocks parties will actually
17:37
Speaker 2: spend that money, well, it's messier than a national The Early.
17:41
Speaker 1: Edition Full the Show podcast on iHeartRadio powered by Newstalks
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Speaker 1: at b Ryan Bridge. On Early edition with Spark for
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Speaker 1: Business Technology that keeps business moving US talks at b.
18:03
Speaker 2: Good morning. It is twenty four away from six year
18:05
Speaker 2: on news talks. There'd be Ryan, surely capital gains tax
18:08
Speaker 2: would require a valuation of the asset at the outset.
18:11
Speaker 2: Imagine the costs incurred of doing this, Keith, It is
18:14
Speaker 2: a very good point you make. We will get to
18:16
Speaker 2: the US very shortly. Mitch McCann is stateside for US
18:19
Speaker 2: with more details of this assassination attempt against Donald Trump
18:23
Speaker 2: over in Turkey. We'll also talk to David Seymour. But
18:25
Speaker 2: here's some good news for you to wake up to.
18:28
Speaker 2: So and it's to do with concrete. And I know
18:30
Speaker 2: you know I'm going to associate good news with concrete.
18:32
Speaker 2: But today we are one million meters squed of concrete
18:38
Speaker 2: was delivered in this country in the June quarter. Now
18:41
Speaker 2: this is the first time that has happened in any
18:44
Speaker 2: quarter since twenty twenty three. It is good news. It
18:46
Speaker 2: means that things are getting built. And if you drill down,
18:49
Speaker 2: it's a fifteen percent increase for the quarter in overall
18:54
Speaker 2: and a year on year twelve percent increase. And if
18:58
Speaker 2: you look at Auckland up for the quarter six thirteen percent,
19:03
Speaker 2: and then for the year six point one percent. That's
19:05
Speaker 2: great christ Church up twenty one percent year on year
19:09
Speaker 2: and up ten percent for the quarter. So things are
19:13
Speaker 2: getting built. Twenty three to six. Ryan Bridge, Calumanderneden Calm,
19:17
Speaker 2: good morning, morning, right, tell us about the underwater museum here.
19:23
Speaker 5: This is the revamped museum in North Otago, bringing White
19:26
Speaker 5: Tucky's ancient underwater world back to life. It officially reopens today.
19:30
Speaker 5: It's called the Museum of the Vanished World, and it's
19:34
Speaker 5: in a little place called Duntroon, and it's within the
19:37
Speaker 5: White Tucky White Stone Unesco Global Geopark. This museum's undergone
19:40
Speaker 5: a four hundred and fifty thousand dollars refurbishment and exhibition redesign.
19:45
Speaker 5: It tells the story of the ancient oceans that once
19:48
Speaker 5: covered much of the region, from early whales and dolphins
19:51
Speaker 5: to giant penguins. Tourism Waititucky says, the revitalized museum showcases
19:57
Speaker 5: the region's rich and internationally significant geological stories.
20:01
Speaker 2: Sounds quite cool. Color. How's your weather cloudy?
20:05
Speaker 5: Chants for shower later today the nor'easter dies out fifteen
20:08
Speaker 5: the height nice one.
20:09
Speaker 2: Thank you Claire in christ Church morning, Claire, good morning,
20:12
Speaker 2: there's a first of its kind event at the stadium tonight.
20:15
Speaker 6: Yeah, not high Rocks, but we've got sixty business and
20:18
Speaker 6: community leaders sleeping inside the new stadium. This is the
20:21
Speaker 6: South Island's first edition of the Big Sleepout. The event
20:24
Speaker 6: has already raised more than ninety five thousand dollars for
20:27
Speaker 6: much needed homelessness services here venues. Auto TAHI Chief executive
20:31
Speaker 6: Caroline Harvey Tia says this won't replicate the reality of
20:35
Speaker 6: sleeping rough in christ Church, but does hope it will
20:38
Speaker 6: give participants insight into the challenges that they face. She
20:41
Speaker 6: says they are going to learn a lot from people
20:43
Speaker 6: with lived experience of homelessness. They'll share some soup and
20:46
Speaker 6: bread and sleep the night on a bit of cardboard
20:49
Speaker 6: in the stadium. Harvey ta says she hopes it's the
20:52
Speaker 6: first of many times the stadium can be used as
20:55
Speaker 6: a platform for good.
20:56
Speaker 2: There you go. How's your weather?
20:58
Speaker 6: Cloudy parients, the odds of rain expected northeasterlies warm today
21:02
Speaker 6: eighteen degrees but cold tonight down to three last one.
21:04
Speaker 2: Thanks clear mex and Wellington. Morning Max, Good morning that
21:08
Speaker 2: water entity you've been banging on about. They've got some
21:10
Speaker 2: more oversight coming.
21:12
Speaker 9: Yeah, we seem to go in circles here in the Capitol.
21:15
Speaker 9: This feels like a headline from a year ago, or
21:17
Speaker 9: anytime really recently when we had Wellington Water accused of
21:20
Speaker 9: wasting rate payer money. The Commerce Commission is tightening its
21:24
Speaker 9: oversight of tiaqi Why, promising greater transparency, accountability and independent scrutiny.
21:30
Speaker 9: It says it wants to paint a clearer picture of
21:33
Speaker 9: tiaqi wie's performance, the money it spends and its value.
21:37
Speaker 9: These first quarterly water bills have come in, a lot
21:39
Speaker 9: of people are not happy. It won't be long until
21:42
Speaker 9: people here are spending six thousand dollars a year just
21:45
Speaker 9: on water that's obviously not sustainable. You also had bills
21:48
Speaker 9: delivered a couple of weeks ago for car parks the
21:50
Speaker 9: homes ruined in the flooding earlier this year that haven't
21:53
Speaker 9: even been lived in in the past quarter. Consumer Affairs
21:56
Speaker 9: Minister Cameron Brewer also considering imposing you before wants requirement
22:01
Speaker 9: rules on TIQY, which has obviously just been set up.
22:05
Speaker 9: How's your weather mostly cloudy with a period of morning
22:08
Speaker 9: rain late Wedds fifteen.
22:09
Speaker 2: All right, nice one, Thank you, never good morning, Good morning,
22:12
Speaker 2: Auckland wants to put its best foot forward as a
22:15
Speaker 2: cruising destination.
22:17
Speaker 11: Yes, quite right, so Auckland Unlimited and the city's port
22:21
Speaker 11: Now they have just unveiled a ten year plan. Now
22:24
Speaker 11: this will focus on strengthening areas like visitor experience, infrastructure,
22:28
Speaker 11: the environment. So this is coming after the country lost
22:32
Speaker 11: about two hundred and fifty port calls last season compared
22:36
Speaker 11: to the previous season and then set to lose another
22:38
Speaker 11: twenty this summer. So any Dundas Auckland Unlimited Destination director,
22:43
Speaker 11: she's said, look, we've got to show these international cruise
22:46
Speaker 11: lines that they want them here, that we want them here,
22:49
Speaker 11: and also, as we all know, great revenue into the
22:52
Speaker 11: city's economy. So let's see how this plan goes.
22:54
Speaker 2: To have the foot traffic too.
22:55
Speaker 11: How's our weather cloudy, odd shower, areas of fog morning
22:58
Speaker 11: and night, but good news line spells developing this afternoon
23:01
Speaker 11: eighteen Hi here in Auckland today, love.
23:03
Speaker 2: It Neva, thank you very much. By the way, we
23:05
Speaker 2: got a CPI number out of America yesterday, so up
23:08
Speaker 2: point two percent. This is for July. They do monthly
23:11
Speaker 2: figures there, of course, which we will eventually be doing
23:14
Speaker 2: our core prices. So you strip out your food, you
23:16
Speaker 2: strip out your energy. Two and a half percent increase
23:18
Speaker 2: in July from a year earlier. This is actually okay,
23:22
Speaker 2: it is as expected. And now the prop after that
23:25
Speaker 2: number came out. Probability of wash and co at the
23:29
Speaker 2: FED hiking rates in September now fallen below fifty percent.
23:34
Speaker 2: Eighteen to six. We're in the US.
23:36
Speaker 1: Next international correspondence with ends and eye insurance. Peace of
23:40
Speaker 1: mind for New Zealand business.
23:43
Speaker 2: You're on news talk, said be Mitch Buchanan, state side
23:46
Speaker 2: for US this morning. Mitch, good morning, Let's talk about
23:48
Speaker 2: this assassination attempt on Trump. We're getting all the details.
23:52
Speaker 12: Yeah, good morning, Ryan. Lots of new details emerging in
23:54
Speaker 12: the last couple of hours. Of course, this goes back
23:57
Speaker 12: to Donald Trump's secret plane swap, has been widely reported
24:01
Speaker 12: over the last couple of days. That was when while
24:03
Speaker 12: returning from the NATO summit in Turkey, Donald Trump secretly
24:06
Speaker 12: flew home on a plane that wasn't Air Force one.
24:09
Speaker 12: Despite boarding the plane and the press thinking he was
24:12
Speaker 12: on board, he was secretly transferred onto a catering vehicle
24:16
Speaker 12: and then on another plane to head back to the
24:19
Speaker 12: UK where the stopover was. Now the New York Times
24:21
Speaker 12: is reporting that there was a specific threat of a
24:25
Speaker 12: surface to air missile being used against Air Force One,
24:28
Speaker 12: which is why Donald Trump changed planes. And the report
24:31
Speaker 12: this morning also says that the Iranians knew specifically where
24:34
Speaker 12: Donald Trump was staying in Turkey, including which floor of
24:37
Speaker 12: the building his room was in. Now, Donald Trump has
24:40
Speaker 12: been the target of Iranian plots before. Just a few
24:43
Speaker 12: months ago, the Defense Secretary Pete higsays said that Iran
24:47
Speaker 12: tried to kill President Trump, and President Trump got the
24:49
Speaker 12: last laugh. But of course these threats are not something
24:52
Speaker 12: that the Secret Service or the intelligence agencies are rushing
24:55
Speaker 12: to make public, so it's hard to know exactly how
24:58
Speaker 12: high the threat level is against Donald Trump. It would
25:00
Speaker 12: seem extremely high, given they took such dramatic action to
25:03
Speaker 12: get him out of Turkey safely.
25:05
Speaker 2: Now, the Progressives, the socialist wave is heading a bit
25:09
Speaker 2: of a wall in Wisconsin. Yeah, that's right.
25:12
Speaker 12: You and I have spoken in recent months, Ryan about
25:14
Speaker 12: this surging left wing of the Democratic Party. They call
25:16
Speaker 12: themselves the Progressives, and this includes the elections of Zorah
25:20
Speaker 12: Mundani here in New York or doctor Abdul al said
25:24
Speaker 12: in Michigan. Last week we spoke about he's the Democrat
25:27
Speaker 12: Party candidate for the Senate. But last night the state
25:29
Speaker 12: of Wisconsin surprised many and elected a moderate or what
25:33
Speaker 12: we might call a regular Democrat, David Crowny, to run
25:36
Speaker 12: for governor, over a woman called Francesca Hong. Now she
25:39
Speaker 12: was leaving the polls even though she had once called
25:42
Speaker 12: for the cancelation of Thanksgiving, and she was seen by
25:44
Speaker 12: many as perhaps too radical for the party. She also
25:47
Speaker 12: wanted to reduce police funding. Crowley only won the race
25:51
Speaker 12: by a whisker zero point five percent, but it perhaps
25:54
Speaker 12: shows Ryan that this progressive movement isn't quite as invincible
25:58
Speaker 12: as some people thought.
25:59
Speaker 2: All right, Mitch mcair and our US correspondent, good to
26:01
Speaker 2: have yond Mitch, time is to away from six Right,
26:04
Speaker 2: He's done it again, Lux and survived a second no
26:07
Speaker 2: confidence vote in four months.
26:09
Speaker 13: There was a confidence vote of my leadership this morning
26:11
Speaker 13: at our caucus meeting.
26:11
Speaker 9: I have the full support of our caucus.
26:14
Speaker 14: And our caucus is united and it is determined to
26:17
Speaker 14: win this election.
26:18
Speaker 2: David Seymour, Deputy Prime Minister, Act Leader with me this morning.
26:21
Speaker 2: David good morning, good morning, No changes for the coalition, right,
26:25
Speaker 2: nothing's happened.
26:27
Speaker 14: No, you know, I was saying last night it kind
26:32
Speaker 14: of looks like from a distance that it's all just
26:34
Speaker 14: a bunch of politicians in Wellington. But there are different institutions,
26:40
Speaker 14: and the political parties one thing, the government's another, and
26:45
Speaker 14: whatever may be happening in one of the political parties,
26:48
Speaker 14: the government itself is a sort of joint project of
26:51
Speaker 14: three parties. Continues to function very well. I mean, just
26:55
Speaker 14: yesterday we released that we've had record results for taking
27:01
Speaker 14: unenrolled children, getting them enrolled and back to school in
27:06
Speaker 14: the first six months of this year. And you know today,
27:09
Speaker 14: well we'll have more to say about applings the government
27:12
Speaker 14: is doing, which are actually very positive, like.
27:14
Speaker 10: What well, if I told you now it ruin, I'll
27:18
Speaker 10: have to kill me. What about what.
27:22
Speaker 2: About that pole? Unfortunately they are what about that poll
27:26
Speaker 2: last night? And it's not just that pole, it's the
27:28
Speaker 2: poles that now show that. You know, every pole we get,
27:33
Speaker 2: opportunity gets a little inch closer to actually crossing the
27:36
Speaker 2: five percent threshold. And then you have Hipkins come out
27:39
Speaker 2: yesterday and say, well, it's up to the voters now
27:42
Speaker 2: it's up to the voters, and so you could potentially
27:44
Speaker 2: have opportunity to party Maldi, Green and Labor and you
27:48
Speaker 2: start adding up the taxes and things get pretty scary.
27:53
Speaker 14: Yeah, And I think it's really helpful that that Pole
27:56
Speaker 14: has put the proposition to people at this point so
28:00
Speaker 14: they can really weigh their up. This Opportunity Party presents
28:04
Speaker 14: itself as centrist. I note in TV one's coverage last
28:08
Speaker 14: night they face them right in the center as the
28:11
Speaker 14: keystone of the of the parties and.
28:13
Speaker 10: Their horseshoe graphic.
28:16
Speaker 14: And yet this is a party that wants to raise
28:19
Speaker 14: taxes by about twenty five billions so that they can
28:22
Speaker 14: pay everybody a welfare benefit. That's a pretty extraordinary policy
28:29
Speaker 14: that if the Greens came out with it, we'd say, well,
28:31
Speaker 14: that's a radically left policy. But even the Greens haven't
28:35
Speaker 14: done anything like that. So I think as people further
28:39
Speaker 14: examined it, which is.
28:42
Speaker 2: Going to be what happens now right, I'm speaking to
28:44
Speaker 2: Quila one at seven o'clock this morning, so I have
28:46
Speaker 2: some questions. But in terms of the pms called to
28:49
Speaker 2: rule Opportunity out, do you think actually, you know, given
28:52
Speaker 2: you say they're pretty much left of the Greens it
28:54
Speaker 2: was a good thing. And would you rule them out too,
28:57
Speaker 2: I mean, you wouldn't prop up in case they do
29:00
Speaker 2: go back on it. You wouldn't be going into any
29:02
Speaker 2: coalition deals or negotiations with top involved, would you.
29:07
Speaker 14: Well, I just work on the basis of policy. You know,
29:10
Speaker 14: there are two main policies, tax every bit of land
29:14
Speaker 14: and what that would do to farms and the value
29:18
Speaker 14: of farms.
29:19
Speaker 10: In facts, it's it's not just.
29:20
Speaker 14: The tax you pay on your land, it's what it'll
29:22
Speaker 14: do to land value because it will become very expensive
29:25
Speaker 14: to own land in New Zealand. That's a policy that
29:28
Speaker 14: we just aren't abide. And then this idea that you know,
29:32
Speaker 14: instead of having some people on welfare and actually doing
29:35
Speaker 14: our best to get them back into work, we'll just say, look, bugger,
29:40
Speaker 14: everyone gets an unemployment benefit. Here's your here's your four
29:43
Speaker 14: or five hundred bucks a week. If you want to work,
29:46
Speaker 14: you can, but we're not really interested. That's that's an
29:50
Speaker 14: extraordinary thing. And then on.
29:56
Speaker 2: That basis, David, we would never see act in government
29:59
Speaker 2: with TOP Well.
30:01
Speaker 14: I mean, look, the funny thing is they say that
30:03
Speaker 14: actually those policies aren't that important. To them and maybe
30:07
Speaker 14: they could give them up. So I'm just focusing on
30:10
Speaker 14: the poll.
30:10
Speaker 2: Are you okay? So you're so you're saying you could
30:14
Speaker 2: work with top of they had a sex change.
30:18
Speaker 14: Well I didn't, that's what you're saying, right, gin, I
30:20
Speaker 14: didn't realize.
30:21
Speaker 10: What this early show was like. But all all I.
30:25
Speaker 14: Would say is that you know, they say that they
30:28
Speaker 14: could give up the two Biggas policies, which makes you
30:31
Speaker 14: wonder if they're really the Opportunity Party or perhaps the
30:34
Speaker 14: Opportunist Party.
30:35
Speaker 2: David Seymour at Party Leader, Deputy Prime Minister. Nine to
30:39
Speaker 2: six News Talks.
30:40
Speaker 1: B, the news you need this morning and the in
30:44
Speaker 1: depth Analysis early edition with Ryan Bridge and Spark for
30:48
Speaker 1: Business Technology that keeps Business Moving.
30:51
Speaker 2: News Talks B, News Talks B. It is seven minutes
30:54
Speaker 2: away from six on Wall Street. Stocks are rising this
30:57
Speaker 2: off the back of that number we gave you earlier,
30:59
Speaker 2: this CPI number which was basically not as bad as
31:02
Speaker 2: they thought it would be, and the jobs report. This
31:05
Speaker 2: means expectations that the Fed and WASH will raise interest
31:08
Speaker 2: right their next meeting is September. Now fall in that
31:11
Speaker 2: the expectations they will raise fallen below fifty percent at
31:14
Speaker 2: six two, Ryan Fred, Good morning, Mike, Ryan, A thrill
31:18
Speaker 2: to see you. So, hey, what did you see that
31:21
Speaker 2: poll last night about top Still not convinced they'll get there,
31:24
Speaker 2: but it's more of a hole. The poles are jack up.
31:27
Speaker 13: So here's why it's This is the critical point that
31:30
Speaker 13: people have got to understand. You either poll properly or
31:33
Speaker 13: you don't poll at all. So the assumption that the
31:36
Speaker 13: key line was assuming the Maori Party win all their seats.
31:41
Speaker 13: You can't do that because that's not what the poll is.
31:44
Speaker 13: The poll is what percentage of the vote will you
31:46
Speaker 13: get in that particular pole? The Murray Party was one?
31:49
Speaker 13: So will the Murray Party get all six seeds? No,
31:51
Speaker 13: therefore your numbers don't work. Therefore, what's the point but
31:55
Speaker 13: to your belly?
31:56
Speaker 2: Would they get the seats?
31:57
Speaker 13: Though they may get one possibly two max. So the
32:01
Speaker 13: numbers are skew with here's the point. So I thought
32:04
Speaker 13: last night was if you want to take it seriously,
32:06
Speaker 13: which I don't. First of all, the other thing was
32:07
Speaker 13: margin vere was different to normal because they didn't talk
32:10
Speaker 13: as many people. So that was probably, in my view,
32:13
Speaker 13: the first poll that I would believe that opportunity are
32:16
Speaker 13: there thereabouts. I don't believe last week's I think the
32:19
Speaker 13: Courier one was was rogue. Hopkins's right, but there's a
32:22
Speaker 13: trend here, right, there's a trend, and I reckon they
32:25
Speaker 13: need three or four in the sevens. And you can
32:28
Speaker 13: say there's a reason.
32:30
Speaker 2: Question so here come, let's go to lux and Nana's
32:33
Speaker 2: decision to not work with them, great idea.
32:36
Speaker 13: It's fantastic idea.
32:37
Speaker 2: Now you have how do your parties?
32:39
Speaker 13: How do you work with a party that's going to
32:42
Speaker 13: charge people hundreds of thousands of dollars more in.
32:44
Speaker 2: Tax than tax even if you're not working.
32:47
Speaker 13: Next point for people who think about voting for opportunity,
32:51
Speaker 13: None of their policies are ever going to see the
32:53
Speaker 13: light of day, even though they make it to parliament.
32:54
Speaker 13: They're a tiny little party, right, they'll be at the
32:57
Speaker 13: arsy end of some sort of arrangement even if they
32:59
Speaker 13: got to the arc into.
33:00
Speaker 2: But they're the the king maker.
33:02
Speaker 13: No, there's no party. I guarantee you remember where you
33:07
Speaker 13: heard it first, Hipkins or lax And would go minority
33:10
Speaker 13: government on a confidence and supply deal. Before you ever said, oh,
33:15
Speaker 13: by the way, we've got to suck up a land tax.
33:17
Speaker 2: No one's doing that.
33:19
Speaker 13: Yeah, so therefore their policies will never see the light
33:21
Speaker 13: of day. So therefore you ask yourself if you're thinking
33:23
Speaker 13: about voting for the opportunity, but what is it I'm
33:25
Speaker 13: voting for.
33:26
Speaker 2: Let's splickable the wall and they're not going to sit there.
33:29
Speaker 2: They're not going to sit there in confidence and supply
33:31
Speaker 2: for nothing.
33:32
Speaker 13: They'll they'll give up something might So there's nothing like
33:35
Speaker 13: what what you don't give the keys nothing. These are
33:38
Speaker 13: fair questions. But my my interesting thing is I didn't
33:41
Speaker 13: realize they're about to announce their bottom lines. No one
33:44
Speaker 13: has bottom lines apart from allegedly them. So if what
33:47
Speaker 13: are the bottom lines? And from that point you'll.
33:49
Speaker 2: Be able to work out whether they're the real deal,
33:51
Speaker 2: whether it's a land tax that will cost you.
33:54
Speaker 13: If they say the land tax is a bottom line
33:56
Speaker 13: and will do business, then that's the end of them.
33:58
Speaker 13: They want to get.
33:58
Speaker 2: Across the world and also the chippy. It makes it interesting.
34:02
Speaker 2: News Talks dB my next.
34:09
Speaker 1: For more from Early Edition with Ryan Bridge, Listen live
34:12
Speaker 1: to News Talk seed B from five am weekdays, or
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Speaker 1: follow the podcast on iHeartRadio.
34:18
Speaker 4: H