Latest / Early Edition with Ryan Bridge / Full Show Podcast: 12 February 2026

Transcript

Full Show Podcast: 12 February 2026 · Early Edition with Ryan Bridge

0:01
Speaker 1: The issues, the interviews and the inside. Ryan Bridge, on
0:05
Speaker 1: an earlier issue with one roof love where you Live,
0:09
Speaker 1: News Talk said.
0:10
Speaker 2: Good morning, just gone six, half to five. Great to
0:12
Speaker 2: have your company. We'll look at this COVID inquiry before
0:14
Speaker 2: six o'clock. Mitch mccannon's stateside for us, why we need
0:18
Speaker 2: cheaper beer? The Aussies are doing it, so why shouldn't we?
0:21
Speaker 2: And how long are you holding on to your house?
0:25
Speaker 2: The agenda is that the top of February, one of
0:27
Speaker 2: Canada's deadliest mass shootings. They reckon a disaster over there.
0:31
Speaker 1: This is the kind of thing that feels like it
0:33
Speaker 1: happens in other places an close to home.
0:36
Speaker 2: Some of the deaths happened at a school, some of
0:38
Speaker 2: them happened at a house. They're not entirely sure or
0:41
Speaker 2: convinced that they are actually connected.
0:44
Speaker 3: Well, we have two scenes. We have the school and
0:47
Speaker 3: then we have found two other persons deceased at our
0:50
Speaker 3: residence and tumbler Ridge that we're trying to determine the
0:53
Speaker 3: connection to this event. We believe they're connected, but we're
0:57
Speaker 3: not in a position to provide.
0:58
Speaker 2: That open The yew is thet we've been following. Nancy Guthrie,
1:02
Speaker 2: poor woman eighty four years old. The newsreader's mum kidnapped
1:06
Speaker 2: in the middle of the night, so they rased the guy.
1:08
Speaker 2: They released the guy, so still no answers and still
1:11
Speaker 2: looking at that creepy surveillance image of presumably another guy
1:15
Speaker 2: to the one they rested.
1:17
Speaker 4: Well, it is a potential breakthrough for investigators in this case.
1:21
Speaker 4: Pictures have been released by the FBI and they show
1:25
Speaker 4: an maass an armed individual. This is the FBI's statement.
1:29
Speaker 4: Who appears to have been tampering with the doorbell camera in.
1:33
Speaker 2: A master Isn't he how to identify?
1:35
Speaker 5: Right?
1:36
Speaker 2: Finally, Nityahu Trump meeting today on Iran in Washington.
1:39
Speaker 6: I think that he would pressure the president, who has
1:42
Speaker 6: some isolationist tendencies, to go with maximalist demands and basically
1:48
Speaker 6: force Iranians to give up on the missile program, which
1:51
Speaker 6: is quite a threat to the Israelis.
1:55
Speaker 1: Views and views you trust. To start your day, It's
1:59
Speaker 1: earlier this ship with Bryan Bridge and one Roofe Love
2:03
Speaker 1: where you Live news talks had been.
2:05
Speaker 2: Nine two is the number to text a Thursday, the
2:07
Speaker 2: twelfth of February. Great to have your company and the
2:10
Speaker 2: story of the day. The one to watch that I
2:12
Speaker 2: reckon is Wellington and the pipes. I know, I got
2:14
Speaker 2: boring for a while and it'd say, yeah, okay, we
2:16
Speaker 2: get it, the pipes are broken. But it's going to
2:19
Speaker 2: get juicy again now because there's this blog post that's
2:22
Speaker 2: came out a couple of days ago and now there's
2:24
Speaker 2: stories coming out about it. It's it's a council meeting
2:28
Speaker 2: from a couple of years back, twenty twenty one, a
2:31
Speaker 2: long term plan decision meeting at Wellington City Council starring
2:37
Speaker 2: none other than Tamotha Paul. Now Tamatha Paul is now
2:40
Speaker 2: a Green Empeace. She used to be on the council
2:42
Speaker 2: in Wellington and at this meeting they pushed through and
2:46
Speaker 2: it's i'll tell you why this is interesting or significant
2:49
Speaker 2: in a second. But they had a plan to fund
2:52
Speaker 2: a bunch of money for some cycle ways. You know
2:55
Speaker 2: they love a bike, the Greens. It was a one
2:57
Speaker 2: hundred and twenty one million bucks or something. Anyway, she
3:00
Speaker 2: puts forward this motion says no, no, no, let's double it.
3:02
Speaker 2: Let's go for two hundred and twenty six million dollars,
3:05
Speaker 2: and the troops were rallied.
3:07
Speaker 7: What I will say is that this is a decade
3:09
Speaker 7: of investment and this is the key thing that we
3:13
Speaker 7: will do in the next ten years to do the
3:15
Speaker 7: most that we can to reduce our climate emissions. It
3:18
Speaker 7: will not be easy. We will need to take out
3:20
Speaker 7: hundreds of car parks. But I stood for council to
3:23
Speaker 7: make transformational bold change.
3:25
Speaker 2: Right, transformational bold change. Did that include stuffing the pipes?
3:29
Speaker 2: Because this is the other thing now that's been written
3:31
Speaker 2: people saying, well, actually, what they also did was cut
3:36
Speaker 2: or go for a reduced amount of funding on the pipes,
3:39
Speaker 2: on the wastewater renewals. There was an option to fund
3:42
Speaker 2: more and they voted against it. Now since then, it's
3:45
Speaker 2: all getting very cloak and dagger. Since then, apparently there's
3:49
Speaker 2: been a private little meeting between Andrew Little, who's told
3:52
Speaker 2: in one of his counselors shut up in the media
3:55
Speaker 2: about this because you're not getting things right. You've also
4:00
Speaker 2: at the same time Tamitha Paul herself coming out and saying,
4:04
Speaker 2: you guys are financially illiterate, because that's not how counsel works.
4:09
Speaker 2: They're saying. She's come out and said, with you could
4:12
Speaker 2: make the same argument about funding we did for the
4:15
Speaker 2: library for example, or same argument about funding we did
4:19
Speaker 2: for housing for example, or same argument about funding we
4:23
Speaker 2: did for public transport for example. Well I'm sorry, but
4:26
Speaker 2: the difference here is you don't need cycle ways, do you?
4:31
Speaker 2: Is that core council business? And she didn't deny the
4:36
Speaker 2: thrust of the claim, did she in her response. So
4:40
Speaker 2: that's one to watch this morning for endlessly fascinating. As
4:43
Speaker 2: you eat your breakfast and what you eat for breakfast
4:46
Speaker 2: literally ends up in the waves. At Lyle Bay five
4:50
Speaker 2: to eleven News Talk CB, we'll talk about your house
4:52
Speaker 2: prices and how long that means you hold on to them.
4:54
Speaker 1: Next, the News you Need this morning and the in
4:59
Speaker 1: depth analysis early edition with Ryan Bridge and one Roote
5:04
Speaker 1: Love where you Live News Talks.
5:05
Speaker 2: That'd been all great news. Thirteen after five on the
5:08
Speaker 2: ocr front this morning. This time it's from Westpac. Yesterday
5:11
Speaker 2: I told you that they were the economists were predicting it.
5:14
Speaker 2: B and Z was saying, Oh, we think they'll go
5:15
Speaker 2: up in September. The rates will start going up again
5:19
Speaker 2: because we've got a meeting next week where they're going
5:20
Speaker 2: to hold But what happens after that's the more interesting part.
5:23
Speaker 2: And what they say about what's going to happen after
5:26
Speaker 2: that is the really interesting part. And if they say nothing,
5:29
Speaker 2: does that also speak volumes? You're really reading the tea
5:33
Speaker 2: leaves here.
5:33
Speaker 5: Anyway.
5:34
Speaker 2: Westpac has been doing a bit of that. The economist
5:36
Speaker 2: there reckon we will have six hikes to the OCR
5:40
Speaker 2: during next year because we've got excess capacity in the economy.
5:43
Speaker 2: It's going to be swallowed up more quickly than they
5:45
Speaker 2: had expected. So they reckon that the Reserve Bank's going
5:48
Speaker 2: to have to step in six times next year. By
5:50
Speaker 2: the end of next year, the OCR. I remember, it's
5:53
Speaker 2: two point twenty five percent right now. The OCR, they reckon,
5:56
Speaker 2: will hit four percent. Ryan Bridge fourteen after five, I
6:00
Speaker 2: have homeowners holding on to their properties for the longest
6:02
Speaker 2: period on record. Properties resold for a gain had been
6:05
Speaker 2: held on to for a median of ten point one years,
6:09
Speaker 2: while those resold at a loss had been owned for
6:12
Speaker 2: just under four years. Calvin Davidson, Catality, chief Property economists
6:16
Speaker 2: with us this morning. Hey Calvin, good morning, So how
6:19
Speaker 2: does that compare?
6:22
Speaker 8: Well, Yeah, it's the highest I've got on records, So
6:25
Speaker 8: I think just consistent with the pretty flat housing market.
6:28
Speaker 8: If people are looking to get some kind of game.
6:30
Speaker 8: I guess they've just got to hang on for longer
6:32
Speaker 8: than in the past. And it really is quite a
6:36
Speaker 8: stark trend. And I think the contrast there between the
6:40
Speaker 8: whole periods for gains and the whole period for losses
6:43
Speaker 8: is a really interesting thing, because if you hang on
6:46
Speaker 8: to ten years, for seeing twenty years, very likely you're
6:49
Speaker 8: make a profit. But of course if you've only held
6:51
Speaker 8: on three or four years and face gained circumstances or
6:54
Speaker 8: something like that, much higher chance of making it loss,
6:57
Speaker 8: particularly in this current market over the last three or
6:59
Speaker 8: four years, with values are still down. So quite a
7:02
Speaker 8: stark difference there between whole periods for losses and games.
7:05
Speaker 2: Basically, if you don't have to well you don't want
7:07
Speaker 2: to have to sell, do you. And maybe were people
7:10
Speaker 2: are staying together in relationships, they otherwise wouldn't just just
7:14
Speaker 2: to hold on to their properties and keep their values.
7:17
Speaker 8: Well possibly, yeah, well our data doesn't tell us about
7:20
Speaker 8: our relational issues, but yeah, we can certainly see that
7:24
Speaker 8: difference there between between whole periods. And I mean, in
7:28
Speaker 8: any market, there's always a greater chance of making a
7:30
Speaker 8: loss if if your whole period's pretty short you probably
7:33
Speaker 8: didn't intend to hold for a short period of time,
7:35
Speaker 8: but things change. But it's just emphasized in this current
7:39
Speaker 8: market because the house prices are still down eight aener
7:41
Speaker 8: cent in the peak, So that last three or four
7:44
Speaker 8: years has been really tough time to hold for a
7:47
Speaker 8: short period.
7:48
Speaker 2: Is that an understandable but ultimately dumb psychological move that
7:51
Speaker 2: we do that, because then we when we sell, presumably
7:54
Speaker 2: we're selling into a higher market and buying more for
7:56
Speaker 2: the next one.
7:57
Speaker 8: Anyway, you know, there is always that old shay of
8:01
Speaker 8: doesn't really matter if you buy and sell in the
8:03
Speaker 8: same market, but it doesn't necessarily hold true at the moment,
8:06
Speaker 8: because yes, if you say you're a first home buyer
8:09
Speaker 8: in twenty twenty one, at the top of the market,
8:11
Speaker 8: you've paid top dollar, you're now sitting on a property
8:14
Speaker 8: potentially depending on where you are in the country, not everywhere,
8:17
Speaker 8: but if you're sitting on a property in Auckland, you
8:20
Speaker 8: might still be down twenty five percent. So it does
8:24
Speaker 8: very across the country, and there is that cliche of
8:28
Speaker 8: the say, but certainly a tough time at the moment
8:30
Speaker 8: to be buying and selling in a short period of time.
8:33
Speaker 2: It sounds like it too, Kelvin. Appreciate your update this morning.
8:35
Speaker 2: Calvin Davidson, Catality Chief Property Economists with US. It's sixteen
8:39
Speaker 2: after five. Next, the ausies have made a change to
8:42
Speaker 2: their bear excise regulations and I'm interested to hear that
8:47
Speaker 2: how they're going to plan to do this in New Zealand.
8:49
Speaker 2: I mean not that they are, but there are calls
8:51
Speaker 2: for them to do it in New Zealand. It it
8:54
Speaker 2: sounds very complicated to me, but we'll see if they
8:56
Speaker 2: can explain that to us. Next, News Talks ever been.
9:00
Speaker 1: The first word on the news of the day Early
9:02
Speaker 1: Eddiship with Ryan Bridge and one Roote Love where you live.
9:07
Speaker 2: News Talks, that'd be it is nineteen minutes after five.
9:10
Speaker 2: You know how when you go on social media and
9:12
Speaker 2: the social media companies just seem like this massive behemoth
9:15
Speaker 2: that live in the ether and you'll never get hold
9:18
Speaker 2: of them, and they'll never email you back, and you
9:20
Speaker 2: complain about something and they just do not care. Talk
9:24
Speaker 2: to the hand. That's what Facebook says to you. Well,
9:27
Speaker 2: India's doing something about it. So they've just introduced new
9:30
Speaker 2: laws over there. They're going to make it mandatory for
9:32
Speaker 2: social media companies to remove unlawful content within three hours
9:37
Speaker 2: of so soon as you tell them and give them
9:40
Speaker 2: a tap on the shoulder and say this is illegal
9:43
Speaker 2: content or this is something's wrong with this. As soon
9:45
Speaker 2: as you notify them, they have three hours to do
9:48
Speaker 2: something about it. And bredge Brig Australia's just frozen draft
9:52
Speaker 2: bear excise to relieve some pressure on local pubs and
9:55
Speaker 2: Keewi brewers here are calling for the same to be done.
9:58
Speaker 2: Our excise tax rises all dramatically every year, as you
10:01
Speaker 2: know if you go to the pub, Well, beer consumption
10:03
Speaker 2: has fallen to the lowest level on record. Tim Ward
10:06
Speaker 2: from Abandoned Breweries with me this morning.
10:08
Speaker 5: Hey Tim, how are you doing? Ryan?
10:10
Speaker 2: Yeah, really good, thank you. So what can you explain
10:12
Speaker 2: to us what the Aussies have done?
10:15
Speaker 9: Yeah, what the Aussies have done is they've put a
10:17
Speaker 9: freeze on excise tacks as you said, to put give
10:20
Speaker 9: relief to breweries. But they've actually gone a step further
10:24
Speaker 9: and they've frozen up to fifty thousand liters for crafts breweries.
10:30
Speaker 2: And so how much are they saving?
10:34
Speaker 9: What's roughly twenty percent of the retail price that you've
10:37
Speaker 9: seen on shelves. So if you're purchasing the product, and
10:40
Speaker 9: craft beers in a four to forty more can send
10:43
Speaker 9: at around say ten dollars or twelve dollars, that's twenty
10:47
Speaker 9: percent of that is going straight into the government's coffers.
10:51
Speaker 2: Is this twenty percent, sorry, just craft bear that we're
10:54
Speaker 2: talking about here, or all beer.
10:56
Speaker 9: We're talking about all beer. But what the Australi aliens
11:00
Speaker 9: did some time ago is they provided release directly to
11:03
Speaker 9: craft brewers, really to give the small guys an opportunity
11:08
Speaker 9: to survive. It's not really a level playing field when
11:11
Speaker 9: you've got you've got large companies with huge efficiencies able
11:17
Speaker 9: to produce product and mass and then sell it at
11:20
Speaker 9: a very very low price, competing with small businesses which
11:25
Speaker 9: have got much higher costs and smaller volumes.
11:28
Speaker 2: How do you separate out who's big who's small? And
11:32
Speaker 2: is the excise not just on alcohol rather than beer
11:36
Speaker 2: or wine or anything specific x.
11:39
Speaker 9: Those taxes alcohol by volume? I think the bigger question
11:43
Speaker 9: is what is the excise tax trying to achieve? And
11:46
Speaker 9: essentially it's an offset to the cost of alcohol harm
11:49
Speaker 9: and discourage consumption, and in my opinion, it's a very
11:53
Speaker 9: blunt instrument. There are several other ways to reduce alcohol
11:57
Speaker 9: harm that could be more successful. What well, there was
12:02
Speaker 9: a recommendation in twenty twelve and the last sellar Licor
12:06
Speaker 9: Act which was ignored, and that's to split the drinking
12:10
Speaker 9: age between off premise and on premise. Essentially, off premise
12:15
Speaker 9: would go up to twenty and on premise would stay
12:18
Speaker 9: at eighteen. The sery there is that bars and restaurants
12:22
Speaker 9: are highly regulated environments where start are on hand at
12:26
Speaker 9: all times to check alcohol consumption and individuals, whereas it
12:30
Speaker 9: an off premise, an eighteen year old could walk in
12:35
Speaker 9: still in school in school uniform and their connectivity with
12:39
Speaker 9: somebody who's much younger is still there because of their
12:43
Speaker 9: school relationship, whereas a twenty year old is much less
12:47
Speaker 9: likely to buy alcohol.
12:48
Speaker 2: For a young person, tim is this actually an argument
12:51
Speaker 2: that's a little bit redundant Now? Young people aren't drinking
12:53
Speaker 2: anywhere near as much as we used to when we
12:56
Speaker 2: were younger, and they're not buying as much alcohol. That's
12:58
Speaker 2: your real problem.
13:01
Speaker 9: And that probably plays into why it's such a blunt instrument.
13:05
Speaker 9: These days. Young people are aren't drinking as much alcohol,
13:09
Speaker 9: and the excise tax is really just a massive revenue
13:13
Speaker 9: collection for the government that's too too, too great for
13:17
Speaker 9: them to ignore.
13:18
Speaker 2: So you actually, what you're saying is they are responsible
13:21
Speaker 2: enough to handle cheaper booze.
13:25
Speaker 9: No, what I'm saying, like the other thing that would
13:28
Speaker 9: help with alcohol hammers and was recommended in twenty twelve
13:32
Speaker 9: and a Law Commission report was a minimum drink pricing
13:37
Speaker 9: so that big liquor couldn't gain the efficiencies. They had
13:41
Speaker 9: to set a minimum unit price for alcohol. Let's say retailers,
13:47
Speaker 9: not the big liquors, had to set a minimum drinks price,
13:50
Speaker 9: and that would just reduce accessibility to larger quantities to
13:56
Speaker 9: the consent, I'm on.
13:57
Speaker 2: Board with what you're saying, and God, I'd love to
14:00
Speaker 2: for booz cheap of bear at the pub and craft
14:02
Speaker 2: bear in particular would be lovely. But then what about
14:05
Speaker 2: any other industry where you have big players who have
14:08
Speaker 2: economies of scale, who can make stuff cheaper versus your
14:11
Speaker 2: smaller guys I mean pack an industry, and you'll find
14:14
Speaker 2: the same problem.
14:16
Speaker 9: I don't think you're ever going to get cheaper bus.
14:18
Speaker 2: I think the.
14:20
Speaker 9: Freezing of the excise tax or a concession for artisan
14:27
Speaker 9: businesses is going to go straight to the back pockets
14:29
Speaker 9: of those small businesses. The price is going to stay
14:32
Speaker 9: relatively the same for the consumer. Small businesses craft worries
14:36
Speaker 9: have struggle for years and they're unable to pass on
14:40
Speaker 9: discounts that they might get from suppliers or from a
14:43
Speaker 9: drop in the excise tax or a freezing exiit.
14:45
Speaker 2: Gotcha, Yeah, yeah, no, got you. Tim. Appreciate your update
14:49
Speaker 2: this morning. Thank you, Good luck with the mission. Tim Ward,
14:53
Speaker 2: founder and director at Abandoned Brewery. Its twenty five after five.
14:57
Speaker 2: We'll talk about another terrible case, yes today, a historical
15:01
Speaker 2: one of child abuse and child neglect in New Zealand
15:04
Speaker 2: and another minister being chased through the halls of Parliament.
15:07
Speaker 2: Really is this going to get us anywhere? We'll talk
15:09
Speaker 2: about that next, and we're to Mitch McCann after News
15:12
Speaker 2: at five point thirty Newstalks EDB, the early.
15:16
Speaker 1: Edition full show podcast on iHeartRadio powered by News Talks AB.
15:21
Speaker 2: News Talks hed B five twenty seven. The brutal death
15:24
Speaker 2: of that poor wee boy, Malachi Subec is a disgrace.
15:28
Speaker 2: No one will argue with that. It was basically torture.
15:31
Speaker 2: Horrible stuff, and now we have these debates popping up
15:34
Speaker 2: about it back in the news another report being done.
15:37
Speaker 2: Should the minister front for interviews that was the focus
15:40
Speaker 2: of an article yesterday. Karen Shaw, herself a product of
15:43
Speaker 2: the foster care system, criticized, didn't attend or didn't do
15:47
Speaker 2: any interviews. Apparently yesterday during the day she was busy
15:51
Speaker 2: attended a pre planned lunch event to eat some lamb
15:54
Speaker 2: on Parliament's lawn. Criticized for this, she should have, according
15:58
Speaker 2: to this irn Z story, presumably been inside answering questions
16:02
Speaker 2: about why more wasn't being done about this boy's murder,
16:05
Speaker 2: which you might recall was back in twenty twenty one.
16:08
Speaker 2: Calvin Davis, you may recall, also came in for a
16:12
Speaker 2: hammering from the media when he was the minister. So
16:14
Speaker 2: I think we should all be really clear at the outset.
16:17
Speaker 2: Neither Karen nor Calvin nor any politician is responsible for
16:21
Speaker 2: the deaths of babies. The fact we have no culprit
16:25
Speaker 2: for the death of baby ru in the hut is
16:28
Speaker 2: you could say the fault of the police. But ultimately,
16:31
Speaker 2: as with all of these cases, fault lies with those
16:34
Speaker 2: who do the killing and those who do the covering up.
16:38
Speaker 2: You know, the family who don't speak to police, the
16:40
Speaker 2: partner who won't dob in their other half, the other
16:42
Speaker 2: real culprits here. Yes, there are things we can learn,
16:45
Speaker 2: things we can do, things that can change. We can
16:48
Speaker 2: change the name of an agency. God We've done that
16:51
Speaker 2: enough times. We can add a red flag system here,
16:54
Speaker 2: we can appoint a children's commissioner there. But ultimately, does
16:57
Speaker 2: any of it do any good? Average around ten or
17:01
Speaker 2: eleven kids killed by homicide every year in New Zealand.
17:04
Speaker 2: Ask ot or sits before them, and they'll tell you
17:07
Speaker 2: that reports of abuse seem to be trending down, but
17:10
Speaker 2: they have a new thing called reports of concern. They
17:12
Speaker 2: are going up. We actually don't know for certain if
17:16
Speaker 2: this is getting better or worse, because there's apparently a
17:18
Speaker 2: data lag. I know it's an incredible thing to have
17:21
Speaker 2: a data lag on, but here we are. You would
17:23
Speaker 2: have to say, though, on the whole the picture is
17:26
Speaker 2: not rosy and no amount of stalking MPs around Parliament
17:30
Speaker 2: is going to fix it. Any fix surely has to
17:33
Speaker 2: be in the home.
17:39
Speaker 1: Get ahead of the headlines on early edition with Ryan
17:43
Speaker 1: Bridge and one roof Love Where you live used talks at.
17:47
Speaker 5: Me pretty far away from Sex News.
18:03
Speaker 2: Talk on your Thursday morning. Great to have your company clear.
18:06
Speaker 5: Matthews.
18:07
Speaker 2: You know the banking expert. We used her quite a
18:09
Speaker 2: lot because she's good, and she's going to talk to
18:11
Speaker 2: us about the COVID inquiry that's coming for the RBNZ
18:14
Speaker 2: and potentially coming for labor too. I guess that's the
18:17
Speaker 2: point of it. John has checked in Ryan. I think
18:19
Speaker 2: the inquiry is a cunning election ployee. We can prove
18:23
Speaker 2: this by the extra high pitched wine coming from Hipkins,
18:26
Speaker 2: who still hasn't gotten around to apologizing for anything COVID related. John,
18:30
Speaker 2: did you see him on the news last night. I
18:32
Speaker 2: nearly choked on my steaken chips. I wasn't having staken chips.
18:38
Speaker 2: I was having chicken and broccoli. But there we go,
18:41
Speaker 2: trying to sound cool, relatable. So he's One of the
18:46
Speaker 2: grabs that he did on the tiles yesterday was Ah,
18:50
Speaker 2: this will just bring out all this is the COVID conspiracy. Theorist,
18:54
Speaker 2: bro do not start with that. It's not a conspiracy.
19:00
Speaker 2: Like it happened. Okay, COVID happened, the response happened, the
19:06
Speaker 2: money printing happened, the government borrowing happened. There's no conspiracy
19:12
Speaker 2: about that. What's the harm in asking what harm it did?
19:16
Speaker 2: Ryan Bridge, twenty three minutes away from six. Also, I'll
19:19
Speaker 2: tell you, Brittany, So I've just been given a piece
19:21
Speaker 2: of paper. Mackenzie's given me a piece of paper that
19:23
Speaker 2: tells us Britney Spears. You know how she went do
19:26
Speaker 2: lally and then came back and the conservatorship and they
19:29
Speaker 2: put her back in charge of her own money. Well
19:32
Speaker 2: she's gone and sold her entire music catalog. This is
19:36
Speaker 2: according to the BBC, you know. And people are going, gosh,
19:39
Speaker 2: is she in a state to sell it? And how
19:41
Speaker 2: much did she get? I'll tell you that in a
19:43
Speaker 2: second too. But first we'll go to our reporters around
19:45
Speaker 2: the country and we'll go to Mitch McCann Stateside. Shortly
19:47
Speaker 2: Collum Proctor is with us in Dneed and Collen good
19:49
Speaker 2: morning morning, right, So fireworks display for New Year's EVAs
19:54
Speaker 2: back on.
19:56
Speaker 10: Yeah, the council here looking at at bringing it back
19:59
Speaker 10: for an enterprise to Need and here recently surveyed the
20:02
Speaker 10: public Ryan after last year's event, events egauge whether it
20:06
Speaker 10: meets community expectations, and it clearly didn't. The majority of
20:10
Speaker 10: respondents expressing overall dissatisfaction, many describing the display as anti climactic,
20:16
Speaker 10: unclear or ending abruptly. There were no fireworks. Dunedin in fact,
20:20
Speaker 10: hasn't run a New Year's Eve pyrotechnics display since welcoming
20:24
Speaker 10: in twenty twenty one, and there are calls for that
20:27
Speaker 10: to return. Our Maya, Sophie Barker, wants something magical to
20:30
Speaker 10: happen at midnight. She's told us. Fireworks displays, though, started
20:34
Speaker 10: a cost of around forty thousand dollars, which is a
20:36
Speaker 10: challenge for them when residents want the council to be
20:39
Speaker 10: fiscally responsible. Councilors will consider that in a meeting today.
20:44
Speaker 2: All right, how's your weather? A fine day for us?
20:47
Speaker 2: Nor easterly is twenty three cheers Callen, Thank you, Claire
20:50
Speaker 2: and christch morning, Claire, good morning. Porterloo's are being distributed
20:54
Speaker 2: to help the homeless.
20:56
Speaker 11: Yeah, We've got Christier at City Council paying to put
20:59
Speaker 11: Porterloo's in the red zone on the eastern side of
21:02
Speaker 11: the city in order to cope with a growing homelessness problem.
21:05
Speaker 11: The facilities have been in place now for several months.
21:08
Speaker 11: Following some complaints about people who were using the public
21:11
Speaker 11: spaces for toileting. The move comes as our Council is
21:14
Speaker 11: discussing the council's role in housing and homelessness and developing
21:19
Speaker 11: a homelessness strategy. Christchurch East MP Reuben Davidson says the
21:23
Speaker 11: issue is not going away and now people are popping
21:26
Speaker 11: up where they haven't been seen before. He says, the
21:29
Speaker 11: reality is people need homes, not just portaloose.
21:32
Speaker 2: And are they using the portal loose like the instances
21:36
Speaker 2: of the musing out the grass are going down? Do
21:39
Speaker 2: we know?
21:39
Speaker 11: Yes, yes, that's reducing So it's a good thing and
21:41
Speaker 11: the thing in terms of the problem. The question is
21:43
Speaker 11: whether we should be paying for that at the ambulance
21:46
Speaker 11: at bottom of the cliff or whether we need help
21:48
Speaker 11: earlier in the process.
21:49
Speaker 2: Yeah, good point. How's your weather morning?
21:51
Speaker 11: Cloud should clear to find today northeasterly is picking up
21:54
Speaker 11: a bit later and a high twenty two.
21:55
Speaker 2: You have a great day, clear morning, Max.
21:58
Speaker 12: Morning.
21:58
Speaker 2: You got a golf tournament teeing off in the case.
22:00
Speaker 13: Yeah, this is the Women's Amateur Asia Pacific Championship which
22:04
Speaker 13: tees off this morning at Royal Wellington. And as we've
22:07
Speaker 13: been reporting, I think the headline act in this eighty
22:10
Speaker 13: three strong field is unquestionably a thirteen year old Wellington
22:13
Speaker 13: student named Elise Barber who plays off a plus two.
22:17
Speaker 13: She's a skipping school today at Queen Margaret College to
22:20
Speaker 13: take part.
22:21
Speaker 2: Took up golf at the age of six, could not
22:23
Speaker 2: hit it as.
22:23
Speaker 13: Far as other girls at times, so really fine tuned
22:27
Speaker 13: her short game. She's a bit of a wizard around
22:28
Speaker 13: the greens. And the winner gets the incredible prize of
22:31
Speaker 13: being able to compete at three of this year's women's majors,
22:34
Speaker 13: including the Open. Ten thousand people expected at the course
22:38
Speaker 13: in Upper Hut over four days. There's a two day cut.
22:41
Speaker 13: The fifteenth ranked player in the world is in the field.
22:44
Speaker 13: It'll be shown on sky Sport. Terrific for Royal and
22:47
Speaker 13: the region.
22:47
Speaker 2: Oh fantastic. That is some good news. Finally out of ums.
22:51
Speaker 2: How's the weather for this tournament?
22:53
Speaker 5: It is good news.
22:54
Speaker 13: I was personally asked to take part in the prom
22:56
Speaker 13: but it couldn't take a day's leave so declined.
22:58
Speaker 5: Fine.
22:59
Speaker 13: Whether light winds and capital mid twenties really were you?
23:02
Speaker 5: Yes?
23:03
Speaker 2: I was, yeah, just throwing it in there, but.
23:06
Speaker 13: As a sixteen handicap, I thought i'd embarrass myself as well.
23:09
Speaker 2: So do you ask for leave and they didn't give
23:11
Speaker 2: it to you?
23:11
Speaker 13: Or no, No, I don't have any leave at the moment.
23:14
Speaker 13: I'm in the negatives. So did you know I have
23:17
Speaker 13: a trip coming up to Vancouver. I'm going to the
23:19
Speaker 13: World Cup in June.
23:21
Speaker 2: Big and can we do some crosses? Can you get
23:24
Speaker 2: a couple of days leave back? If you do? You know,
23:28
Speaker 2: let's say you do three crosses for us. That's a
23:31
Speaker 2: day's that's a day's annual leave back.
23:33
Speaker 13: But you know, if you lobby on my behalf, I
23:35
Speaker 13: think we can get this across the line, you know,
23:37
Speaker 13: three minute cross from the stadium. I'm probably half drunk.
23:43
Speaker 13: I think it'll be great.
23:44
Speaker 2: What's different about that? I think we consider this done?
23:48
Speaker 2: All right, done deal, It's been signed off. Thank you, Max,
23:51
Speaker 2: Neither good morning.
23:52
Speaker 5: Good morning.
23:53
Speaker 14: The boss is ringing the phone. The phone is running
23:56
Speaker 14: hot to Wellington weather?
23:59
Speaker 1: What oh did you ask?
24:01
Speaker 5: Oh?
24:01
Speaker 14: No, sorry, who cares about the Wellington.
24:06
Speaker 2: You weren't listening?
24:07
Speaker 12: Oh was I not?
24:08
Speaker 5: So sorry?
24:08
Speaker 2: The shame is on you, Yeah, it is on me.
24:10
Speaker 14: Apologies, apologies.
24:12
Speaker 2: Okay, let's talk about the boarding school thing.
24:16
Speaker 14: Yes, now, look, the Ministry of Educations proposing to close
24:19
Speaker 14: Massy's Westbroach. This is Westbridge Residential School and it's over
24:24
Speaker 14: safety in education concerns. Now, this is a boarding school
24:27
Speaker 14: for students with extreme behavioral needs. And there's a newly
24:31
Speaker 14: released Education Review Office report. Now it's found twenty six
24:35
Speaker 14: assaults on staff, six on students, twenty incidents of property
24:39
Speaker 14: damage in terms one and two last year. So the
24:42
Speaker 14: report also says that the students they weren't consistently getting
24:45
Speaker 14: the support expected. What we know now that's going on
24:49
Speaker 14: is that consultation on the proposed closure ends next month.
24:53
Speaker 14: The school potentially, I don't know if this is all
24:55
Speaker 14: going to go to fruition. It's going to be shut
24:57
Speaker 14: by July.
24:59
Speaker 2: High needs students and boarding school. Sounds like it's going
25:02
Speaker 2: to be a difficult thing.
25:03
Speaker 14: Yeah, that's exactly what I thought. And I mean these
25:05
Speaker 14: students are typically enrolled for between twelve to eighteen months.
25:09
Speaker 14: So it's a really difficult one because you're quite right,
25:12
Speaker 14: extreme behavioral you know needs.
25:13
Speaker 2: And we were right yesterday about the Navy woman. Did
25:17
Speaker 2: you see that?
25:17
Speaker 5: Oh? Yes I did.
25:18
Speaker 2: I was going to text you well, I mean, we
25:21
Speaker 2: shouldn't have talked about.
25:22
Speaker 14: It not guilty though, wasn't it not guilty?
25:24
Speaker 5: Yes?
25:24
Speaker 2: Yes, yes, yeah, well we should probably just leave it there.
25:27
Speaker 5: Yeah.
25:27
Speaker 2: How's our weather?
25:28
Speaker 14: Cloudy home twenty seven hot?
25:31
Speaker 2: Thank you bloody hot? Isn't it right? Mitch mccainn next
25:34
Speaker 2: out of the US clear Matthews on this RB and
25:37
Speaker 2: the banking inquiry? Is it needed? Is it political? Or
25:40
Speaker 2: you know, is there more left to learn apart from
25:44
Speaker 2: the inquiries that we've already done.
25:46
Speaker 1: News Talk se B International correspondence with Ends and Eye Insurance,
25:51
Speaker 1: Peace of mind for New Zealand business.
25:53
Speaker 2: It is fourteen minutes away from six. A very quick
25:55
Speaker 2: update for you on so Britney Spears. The conservatorship is
25:59
Speaker 2: over and she's now sold her music catalog for weight
26:02
Speaker 2: for it two hundred million US dollars. That's three hundred
26:05
Speaker 2: and thirty million New Zealand dollars gone to Primary Wave.
26:08
Speaker 2: That's the outfit that bought Prince's back catalog, the out
26:12
Speaker 2: same outfit that bought Whitney Houston's back catalog. Heaps of
26:15
Speaker 2: them are doing it. Bruce Springsteen, Justin Bieber, Justin Timberlake, Shakira,
26:20
Speaker 2: They've all recently jumped on board and sold out. Springsteen
26:23
Speaker 2: sold his back catalog to Sony. You might remember this
26:26
Speaker 2: back in twenty twenty one for five hundred million US dollars.
26:31
Speaker 2: There's fifteen to six. Now. Mitch McCann's our US correspondent,
26:35
Speaker 2: and the White House has just confirmed that Netanya who
26:37
Speaker 2: has arrived for a meeting with Trump to talk about Iran. Mitch,
26:40
Speaker 2: what's the latest.
26:42
Speaker 15: Yeah, Well, look, this is the sixth meeting since Donald
26:44
Speaker 15: Trump's second term started, and it comes at a really
26:46
Speaker 15: important moment given the situation in Iran. At the moment,
26:50
Speaker 15: Ryan Israel Seesar Run as an existential threat and it's
26:54
Speaker 15: greatly concerned by the possibility that Iran could be rebuilding
26:57
Speaker 15: its nuclear arsenal. Now this is happening as the United
27:00
Speaker 15: States continues negotiations with Iran. There's this massive build up
27:04
Speaker 15: of US warships and planes sitting in the Arabian Sea
27:07
Speaker 15: threatening to bomb Iran over the killing of thousands of
27:10
Speaker 15: protesters and because of its reported nuclear plans. So Benjamintnya
27:14
Speaker 15: who says he's going to outline Israel's position as it
27:19
Speaker 15: relates to these negotiations. And while Israel might like to
27:22
Speaker 15: see the US destroy Iran's weapon making capabilities. The risk
27:27
Speaker 15: here is that Iran will respond, attacking both Israel and
27:31
Speaker 15: US military positions in the region.
27:33
Speaker 2: And then get absolutely smothered by the US. Presumably, Hey,
27:37
Speaker 2: what's happening with Savannah Guthrie the newsreader and her mum Nancy.
27:41
Speaker 2: They arrest the guy and then he's released.
27:44
Speaker 15: Yeah, that's right, So of course this is such a
27:46
Speaker 15: major story here in the US at the moment, Ryan
27:49
Speaker 15: involving the kidnapping of eighty four year old Nancy Guthrie.
27:51
Speaker 15: She's the mother of Savannah Guthrie, who is one of
27:54
Speaker 15: the biggest names in US television. Late last night, there
27:57
Speaker 15: was this major development. Police detained demand questioning, leading to
28:01
Speaker 15: anticipation they may have found someone responsible or involved in
28:05
Speaker 15: this kidnapping, only to release the man a few hours later,
28:08
Speaker 15: who then told reporters he doesn't even follow the news
28:11
Speaker 15: and didn't really know anything about the case or who
28:13
Speaker 15: Savannah Guthrie was. So more than ten days after this disappearance,
28:17
Speaker 15: it seems officials still may be no closer to finding
28:20
Speaker 15: out who took Nancy or even where she is at
28:23
Speaker 15: the moment.
28:23
Speaker 2: Did they say, did police come out and say this
28:26
Speaker 2: is why we thought it was this guy or did
28:29
Speaker 2: they just arrest and release and we don't know why.
28:32
Speaker 15: We still don't know yet. They may speak for the
28:34
Speaker 15: coming hours about this. But he was arrested at a
28:36
Speaker 15: traffic stop. It's still very unclear why this man was
28:40
Speaker 15: stopped at the stage.
28:41
Speaker 2: It seems very obvious. They have no idea who's behind
28:44
Speaker 2: They say it looks like that.
28:46
Speaker 15: But they have released some areen camera footage about nine
28:50
Speaker 15: days after the disappearance, showing a man in a mask
28:53
Speaker 15: and wearing a large jacket. It's hard to make out
28:56
Speaker 15: who that is, but they're hoping that might lead to
28:58
Speaker 15: any clues as to what's happened here.
29:00
Speaker 2: It's a very bizarre case. Yeah, that's one way to
29:02
Speaker 2: put it. Mitch McCann, a US correspondent Times ten to six.
29:05
Speaker 2: Ray and Sapiers moved from the government yesterday just because
29:08
Speaker 2: of the timing. So an inquiry into the Reserve Bank's
29:11
Speaker 2: COVID money splash. You'll remember the ocr was slashed to
29:15
Speaker 2: a quarter of a percent, fifty five billion dollars pumped
29:18
Speaker 2: into the economy, and this was the Finance minister yesterday.
29:22
Speaker 16: The purpose of the review is to learn from experience
29:26
Speaker 16: so that future shops can be navigated in the best
29:29
Speaker 16: possible way. Those who don't learn the lessons of history
29:33
Speaker 16: are doomed to repeat them.
29:35
Speaker 2: Claire Matthew's, associate professor, Massi University Business School, Claire, good morning,
29:40
Speaker 2: Good Warring. It's surprised at the time. And do we
29:43
Speaker 2: care about the timing? Is there more to learn?
29:47
Speaker 17: Oh, there probably is some more to learn, but the
29:50
Speaker 17: timing does seem.
29:51
Speaker 2: Very odd because it's election here.
29:55
Speaker 17: Because it's election year, quite frankness.
29:57
Speaker 18: They want to get rid of the election paint.
30:00
Speaker 17: Just don't have it reporting before the election. Go ahead
30:02
Speaker 17: with the review, but have it reporting December February next year.
30:07
Speaker 17: Just don't have it reporting before the election, and that
30:09
Speaker 17: gets rid.
30:09
Speaker 2: Of that problem. But it isn't so much of what
30:12
Speaker 2: our problems are now. The genesis of them is COVID.
30:19
Speaker 17: Well, I guess that's something that the review will tell us.
30:22
Speaker 17: I think it's a bit simplistic to say that all
30:24
Speaker 17: our problems today are due to COVID. Wh're now six
30:28
Speaker 17: years past the start of COVID. There's been a lot
30:30
Speaker 17: of other things happen in that time. It's all going
30:33
Speaker 17: to be combining together to influence that and as time
30:39
Speaker 17: goes on, it gets very difficult to separate out what's
30:43
Speaker 17: happening from between the different parts of it and to
30:46
Speaker 17: be able to say what we're experiencing now is only COVID,
30:49
Speaker 17: I think is very simplistic.
30:51
Speaker 2: Was listening to Michael Videll used that he was saying, look,
30:54
Speaker 2: your Reserve Bank is supposed to take into account because
30:57
Speaker 2: obviously the government was spending like a drunk, and say,
31:00
Speaker 2: but the Reserve Bank is meant to take that into
31:02
Speaker 2: account when they're setting their rates.
31:03
Speaker 5: Right.
31:05
Speaker 17: Oh, absolutely, But you've also got to remember that COVID
31:09
Speaker 17: was unprecedented. It's not something that we had experienced at
31:12
Speaker 17: any recent time. There was a lot of concern and
31:16
Speaker 17: so everybody was trying to do what was seen to be.
31:19
Speaker 18: Best at the time.
31:20
Speaker 17: Now, in hindsight, it's fine to be able to say, well, actually,
31:23
Speaker 17: maybe there.
31:24
Speaker 18: Are things that we can learn, so yes, potentially there is.
31:27
Speaker 17: Some value in there. Although the Reserve Bank has already
31:30
Speaker 17: done a review, it's taken some lessons out of there.
31:34
Speaker 17: How much more are we going to learn that The
31:36
Speaker 17: timing just I'm afraid I'm in.
31:38
Speaker 18: The cynical camp. It's an election of the employed.
31:41
Speaker 5: Cleared.
31:41
Speaker 2: You know, there's so many things I want to argue with,
31:44
Speaker 2: argue with you about that you just said, but I
31:47
Speaker 2: actually can't be bothered, and I think I think probably
31:50
Speaker 2: most people will now so far on fall into the
31:53
Speaker 2: same camp. Like you know, we kind of know what happened.
31:57
Speaker 2: It's time to move on. But there we go. Clear,
32:00
Speaker 2: appreciate your time, this one in Clear Matthew's Associate Professor,
32:02
Speaker 2: Massa University Business School. You're on News Talks HEEDB.
32:06
Speaker 1: On your radio and online on Iheard Radio early edition
32:11
Speaker 1: with Ryan Bridge and one roof Love where you live News.
32:15
Speaker 2: Talks d B five away from six. I mentioned yesterday
32:18
Speaker 2: they would have some job numbers for US today from America.
32:20
Speaker 2: They've been worried about the health of the job market there.
32:23
Speaker 2: They've added one hundred and thirty thousand jobs for January
32:25
Speaker 2: and that is the strongest growth in more than a year.
32:28
Speaker 2: So some of those concerns at least have been are
32:31
Speaker 2: partially allayed by that. It's five away from six Bryan Bridge, Mike,
32:36
Speaker 2: no doubt you'll be across that this morning and other things.
32:38
Speaker 12: Shut down affected. I think those numbers.
32:42
Speaker 2: We're still the last ones definitely were but I thought
32:45
Speaker 2: we were true that.
32:46
Speaker 12: I think we're still shut down affected anyway this inquiry. Yeah,
32:51
Speaker 12: think about it this way.
32:52
Speaker 19: So all the upset about oh it's political that assumes
32:57
Speaker 19: a result, doesn't it, Because it's an ind pendent inquiry.
33:01
Speaker 12: So do you know the result that you were?
33:04
Speaker 5: Wow?
33:05
Speaker 19: And so that's the interesting thing. So if it's truly independent,
33:09
Speaker 19: you can't question the integrity of the two people doing it.
33:11
Speaker 19: So it's it's open to interpretation. So what we seem
33:15
Speaker 19: then to all agree on that it's a gargantuan cock up.
33:20
Speaker 2: Of epic proportion. And Chippy knows it.
33:23
Speaker 12: And he knows it.
33:24
Speaker 19: And if you had that the same way, you're calling
33:27
Speaker 19: it a gas tax in election year, you play you
33:30
Speaker 19: played every guard you could.
33:32
Speaker 2: It is funny, and you think about what would Grant
33:34
Speaker 2: Robertson do. He did the exact same thing. Of course
33:36
Speaker 2: she was on the other foot.
33:38
Speaker 19: Can to be frank, I don't think there's I cannot
33:41
Speaker 19: speak of the rage I hold internally over what was
33:45
Speaker 19: done to this cantra by these clowns.
33:46
Speaker 2: Hey very quickly, literally in ten seconds. You gave me
33:50
Speaker 2: stick yesterday for running on a treadmill, and I later
33:52
Speaker 2: learned that you sit on a spin bike all afternoon
33:55
Speaker 2: very much so you are incredible.
34:00
Speaker 12: Well I am. That's what I say to myself every day.
34:03
Speaker 19: That's what I do as I clock shake my hand,
34:05
Speaker 19: I clock up, I clock up ten k's every day
34:08
Speaker 19: at pace.
34:09
Speaker 8: Nice.
34:10
Speaker 2: All right, have a good show. See tomorrow everyone.
34:15
Speaker 1: For more from Early Edition with Ryan Bridge. Listen live
34:18
Speaker 1: to News Talks it Be from five am weekdays, or
34:21
Speaker 1: follow the podcast on iHeartRadio.