Latest / Early Edition with Ryan Bridge / Full Show Podcast: 28 September 2026

Transcript

Full Show Podcast: 28 September 2026 · Early Edition with Ryan Bridge

0:00
Speaker 1: The issues, the interviews, and the insight. Ryan Fridge on
0:05
Speaker 1: Early Edition with Spark for Business. Technology that keeps business moving.
0:09
Speaker 1: Newstalk ZB.
0:11
Speaker 2: Good morning, it is six after five. Great to have
0:13
Speaker 2: your company on a Monday. It is bribe time, election time.
0:16
Speaker 2: We'll look at this. A potential terror attack plans for
0:19
Speaker 2: one in the UK. We'll talk to Gavin. Vicky does
0:21
Speaker 2: business for us. And the Strait of Hormuz. Trump says
0:24
Speaker 2: no thanks to a full reopening, albeit on Iran's terms.
0:30
Speaker 1: The agenda.
0:31
Speaker 2: Monday the 28th of September, five men arrested on suspicion
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Speaker 2: of preparing a terror attack in Britain. They were heading
0:37
Speaker 2: towards a Royal Air Force base in Gloucestershire.
0:40
Speaker 3: Work to establish the full nature of this incident is
0:43
Speaker 3: ongoing and we are in constant communication with our partners
0:47
Speaker 3: both locally and nationally. In particular, we are working closely
0:52
Speaker 3: with our partners in counter-terrorism policing.
0:54
Speaker 2: Sky UK now reporting potential links to Iran to do
0:57
Speaker 2: with this, so we'll keep you updated throughout the programme.
1:00
Speaker 2: Staying in the UK, Burnham says, well, he's pitching an
1:02
Speaker 2: NHS-style welfare system for England. There is free personal care
1:06
Speaker 2: elsewhere in the UK.
1:08
Speaker 4: I don't think it's right that people in England don't
1:11
Speaker 4: get the same.
1:12
Speaker 2: It will be a system of that kind, so everyone contributes,
1:15
Speaker 2: everyone's covered, but not precisely necessarily in the same way
1:18
Speaker 2: that we currently pay for the NHS. The US ambassador
1:23
Speaker 2: to the UN is explaining exactly why Trump has rejected
1:27
Speaker 2: that offer, the Iranian offer, deal to open the strait.
1:31
Speaker 5: They were asking for everything up front. They were asking
1:36
Speaker 5: for relief from billions and billions of of sanctions that
1:41
Speaker 5: are going into place as Operation Economic Fury. They were
1:44
Speaker 5: also asking for access to billions in frozen assets. So
1:49
Speaker 5: the bottom line is they were asking for everything up
1:51
Speaker 5: front with a promise that they would then talk.
1:54
Speaker 2: Pope Leo is doing a tour of France saying sorry
1:56
Speaker 2: for all the abuse.
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Speaker 6: He is going to later be meeting with abuse survivors
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Speaker 6: here in Lourdes and he has met with.
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Speaker 2: The bishops of France.
2:05
Speaker 6: For a behind-closed-doors meeting where it is expected that he
2:09
Speaker 6: will address this topic of abuse.
2:12
Speaker 2: Finally this morning, plenty of excitement in Atlanta in the US. Why?
2:16
Speaker 2: Because two giant pandas are heading to Zoo Atlanta from China.
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Speaker 7: We had been closely watching the radar in the last
2:22
Speaker 7: few hours to monitor the progress of the panda flight
2:25
Speaker 7: from China to Atlanta. FedEx flight 9756 arrived just a
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Speaker 7: few minutes ago. We can now confirm the good news.
2:35
Speaker 7: The two giant panda bears have actually landed here at
2:38
Speaker 7: Atlanta's Hartsfield-Jackson International Airport.
2:43
Speaker 2: Hear it first.
2:44
Speaker 1: Ryan Bridge on early edition with Spark for Business. Technology
2:48
Speaker 1: that keeps business moving.
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Speaker 2: News Talk ZB. Nine after five, 9292 is the number
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Speaker 2: to text. Always love to hear from you and read
2:55
Speaker 2: your feedback out on air. Now, we heard from John
2:57
Speaker 2: Key at the weekend. He's obviously been speaking to the
3:01
Speaker 2: National Party. And he's saying, basically, don't try and be tricky.
3:05
Speaker 2: Don't try and be clever with your votes, New Zealand.
3:08
Speaker 2: Just vote for the party you want to lead the government,
3:11
Speaker 2: which is all very well, except you don't have to,
3:12
Speaker 2: do you? I talked to a whole bunch of people
3:14
Speaker 2: on Friday morning who said they're doing exactly the opposite.
3:18
Speaker 2: They're going to candidate vote for national and then they're
3:21
Speaker 2: going to party vote for some of them were ACT
3:24
Speaker 2: and some of them were New Zealand First. Now, I've
3:26
Speaker 2: been saying for a while on this show, I don't
3:28
Speaker 2: think this election is going to be about whether the
3:30
Speaker 2: left or the right will get in. It's going to
3:32
Speaker 2: be about the makeup of the centre-right government that will
3:35
Speaker 2: eventually be elected. And I think people will come alive
3:39
Speaker 2: to that fact. And New Zealand First will do quite
3:42
Speaker 2: well out of some left-wing voters. Because when people realise
3:45
Speaker 2: that actually we're probably going to get on balance a
3:47
Speaker 2: coalition re-elected, they will insurance vote New Zealand First. And
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Speaker 2: that's why I've always said New Zealand First will do
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Speaker 2: well in this election either way, because they will do
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Speaker 2: well out of disaffected National Party voters or they will
4:03
Speaker 2: do well out of disaffected Labour Party voters. Either way,
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Speaker 2: the House always wins. Winston wins. Anyway, so what John
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Speaker 2: Key said at the weekend was interesting and typical of
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Speaker 2: a major party. But you don't have to listen to that,
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Speaker 2: do you? You can do exactly the opposite of what
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Speaker 2: he said. And people will. People will because they're annoyed
4:22
Speaker 2: at the fact that the coalition is spending with Nicola Willis,
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Speaker 2: with her hand on the lever, spending more than Grant
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Speaker 2: Robertson did. I mean, what on earth is that about?
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Speaker 2: So you can listen to him, but you don't have
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Speaker 2: to listen to him. You know what I mean? Ten
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Speaker 2: after five.
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Speaker 4: Brian Bridge.
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Speaker 2: You're on Newstalk ZB. I'll run you through what's happening
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Speaker 2: in the UK this morning because it's pretty freaky, actually.
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Speaker 2: And the way that they found out about this is
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Speaker 2: not the way that you would expect them to find
4:49
Speaker 2: out about a potential terror attack near an air force base.
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Speaker 2: That's next, 11 after five.
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Speaker 1: The early edition full show podcast on iHeartRadio, powered by
4:59
Speaker 1: Newstalk ZB. Before the news breaks, hear it first. Ryan
5:05
Speaker 1: Bridge on early edition with Spark for Business, technology that
5:09
Speaker 1: keeps business moving.
5:10
Speaker 2: Newstalk ZB. 5.13, so the Brits are looking at right
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Speaker 2: now on their TV screens a drone shot of a
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Speaker 2: bomb disposal unit. This is near an Air Force base
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Speaker 2: in Gloucestershire. This is the Air Force base that the
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Speaker 2: US has been using to launch their bombers to go
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Speaker 2: and hit the Iranians. And there have been five men
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Speaker 2: arrested in a little town near the Air Force base.
5:32
Speaker 2: Because they are suspect. Well, they looked dodgy is the
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Speaker 2: reason that they were pulled over in the first place.
5:36
Speaker 2: Some local residents. This is the scary part. Local residents
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Speaker 2: saw three white vans rolling around town near an Air
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Speaker 2: Force base and thought, that looks dodgy. Let's call the police.
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Speaker 2: That's how this whole thing was uncovered. Next minute, we've
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Speaker 2: got the bomb disposal unit. We've got 85 houses evacuated.
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Speaker 2: Everyone has to go stay in a leisure centre for
5:55
Speaker 2: a while. We've got Andy Burnham, who was supposed to
5:58
Speaker 2: be playing a football game against a friendly against the
6:01
Speaker 2: media in Liverpool, cancelled. He's now on terror watch. So
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Speaker 2: five men held on suspicion of preparing an act of terror.
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Speaker 2: And they have now explosive guys going in there to
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Speaker 2: try and figure out what exactly they were using, potentially using,
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Speaker 2: and what they were going to blow up. The question now,
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Speaker 2: which Sky is asking, with good reason, is whether how much,
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Speaker 2: to what extent, the Iranians were involved in maybe getting
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Speaker 2: this thing off the ground. It's 14 after five. Speaking of,
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Speaker 2: Trump says no thanks to an Iranian plan to reopen
6:35
Speaker 2: the Strait of Hormuz and get the oil back on
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Speaker 2: the water.
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Speaker 8: While I'm rejecting their deal, they want to make a
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Speaker 8: deal where they open the strait immediately because they're losing
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Speaker 8: so badly. You know, you don't read that or you
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Speaker 8: don't see that in the fake news. But we're winning tremendously.
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Speaker 8: We have total control of the Harmo Strait.
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Speaker 2: Yeah, OK, OK. He reckons the deal's simply not needed.
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Speaker 8: Massive amounts of oil are coming out of the Harmo Strait.
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Speaker 8: Last night we had 29 ships come out.
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Speaker 3: They want to make a deal.
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Speaker 8: And I think that's fine. I like making a deal, too.
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Speaker 8: But that deal would not be acceptable.
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Speaker 2: Randy Manor is retired Major General of the U.S. Army,
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Speaker 2: served as Deputy Commanding General of all U.S. Army forces
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Speaker 2: in the Middle East, joins us live this morning. Randy,
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Speaker 2: nice to have you back on the show.
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Speaker 9: Thank you for having me.
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Speaker 2: So is this because it would give the Iranians too
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Speaker 2: much control of the Strait? Is that the reason he
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Speaker 2: said no?
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Speaker 9: So the devil is always in the details. I think
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Speaker 9: it's very unfortunate that the president verbally rejected it outright
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Speaker 9: without saying hey, there's an opportunity to get together and
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Speaker 9: to figure out what right looks like. Unfortunately, he is
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Speaker 9: mixing total propaganda that we control the straight and everything
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Speaker 9: is flowing and we're winning and all that. That is
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Speaker 9: pure propaganda for his base. The reality is, as we
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Speaker 9: all know, the oil prices are high. The Strait is
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Speaker 9: not open, and there are a very limited number of
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Speaker 9: tankers moving through at this time.
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Speaker 2: Yeah. And to fact check that, you only have to
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Speaker 2: listen to him. Why would he even be needing to
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Speaker 2: entertain a deal on the Strait of Hormuz if the
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Speaker 2: Strait of Hormuz was already open?
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Speaker 9: Exactly.
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Speaker 10: That's exactly the point.
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Speaker 9: He's telling a lie while telling a lie. And it's
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Speaker 9: very sad for the people around the world who are
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Speaker 9: paying so much more for gasoline and oil prices and
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Speaker 9: food prices. So the bottom line up front is, This
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Speaker 9: truly only can be done through negotiation, and that is
8:27
Speaker 9: very difficult, and it takes a lot of time. Our
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Speaker 9: president does not have that kind of patience, unfortunately. He's
8:34
Speaker 9: tried to do an all-out war. It did not work.
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Speaker 9: And in fact, as we know, the Iranians are far
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Speaker 9: more powerful now because they are able to influence the
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Speaker 9: world oil price at any time they choose. That's far
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Speaker 9: more important and usable than developing a nuclear weapon, which,
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Speaker 9: of course— they weren't and they don't have the capability.
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Speaker 2: To do so. Randy, clock's ticking on the midterms, isn't it?
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Speaker 8: Oh, yes.
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Speaker 9: That is, it's a very, very difficult time here in
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Speaker 9: the United States. We have governors that are saber-rattling about
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Speaker 9: safeguarding the election. We have the president himself saying that
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Speaker 9: he doesn't trust certain areas to do the right thing.
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Speaker 9: He's already verbally said over the past six months, I
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Speaker 9: should have seized ballot boxes when I had the chance.
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Speaker 9: He is actually telling the Department of Justice to be
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Speaker 9: prepared in these handful of areas that are contested, meaning
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Speaker 9: when I say contested, they are too close to call.
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Speaker 9: And so, quite frankly, we have at least two-thirds of
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Speaker 9: America that is absolutely on edge about what this president
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Speaker 9: may do to seize power this fall.
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Speaker 2: Good to have you on the show, Randy. Randy Manor,
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Speaker 2: retired Major General, US Army, 17 after five. Fascinating watching
9:45
Speaker 2: poor old J.D. Vance. They call it Vance-splaining. So Trump
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Speaker 2: says something bombastic and then Vance comes out and tries
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Speaker 2: to soften it, you know, try to soften Trump's harder
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Speaker 2: edges because they are worried about losing some conservatives who
9:57
Speaker 2: are grumpy with Trump, basically worried about losing the base.
10:00
Speaker 2: coming up to the midterms. You know, he says, I'll
10:02
Speaker 2: give you $ 5, 000 free money. And the conservatives go, what?
10:05
Speaker 2: What's happening to our debt? Even the media ban, which
10:09
Speaker 2: was supposed to play to the base, some are a
10:11
Speaker 2: bit iffy about because what's to stop a Democrat kicking
10:14
Speaker 2: Fox out? Anyway, they call it Vance-splaining. He's between a
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Speaker 2: rock and a hard place. He wants to run in
10:20
Speaker 2: 2028 to be the president, and he can't be too
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Speaker 2: associated with his bombastic boss. 18 after 5, Vicky does
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Speaker 2: the business next.
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Speaker 1: News and views you trust to start your day. It's
10:40
Speaker 1: early edition with Ryan Bridge and Spark for Business. Technology
10:44
Speaker 1: that keeps business moving.
10:46
Speaker 2: Newstalk ZB. 520 on Newstalk ZB, 9292 the number to text.
10:50
Speaker 2: You know, Albanese last week came out and said at
10:52
Speaker 2: the UN in New York that OpenAI has accessed our
10:55
Speaker 2: health systems and then OpenAI has now come out over
10:59
Speaker 2: the weekend and said, oh, actually, it wasn't just you.
11:01
Speaker 2: We think there have been dozens of websites... from international institutions, governments, universities,
11:08
Speaker 2: public agencies, dozens. We don't know for sure, but we
11:13
Speaker 2: think that we might have gone and hacked. As a result,
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Speaker 2: OpenAI has announced they have paused training their AI models.
11:21
Speaker 2: 21 after 5. Let's get to Vicky Price with the business. Vicky,
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Speaker 2: good morning. Good morning. Now, Andy Burnham's got a tough job,
11:30
Speaker 2: doesn't he? He's in Liverpool at the party conference saying
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Speaker 2: we can all hope again, but borrowing costs a problem. Gas, electricity, petrol,
11:39
Speaker 2: all higher since the Ukraine war, all within two months
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Speaker 2: of him taking office.
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Speaker 3: Absolutely.
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Speaker 11: And of course, one of the first things he's been
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Speaker 11: saying is how he wants to tackle the cost of
11:48
Speaker 11: living crisis. He's done a few things, but I'm afraid
11:51
Speaker 11: there's quite a lot of concern there. coming up because,
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Speaker 11: of course, energy prices have gone up since the time
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Speaker 11: he made that sort of promise of reducing the cost
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Speaker 11: of living. He's also got the problem of interest rates
12:03
Speaker 11: being very high. So if you look at what's going
12:05
Speaker 11: on in the bond markets of the 10 year bond yield,
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Speaker 11: in other words, the interest rate you have to pay
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Speaker 11: for borrowing for 10 years by the UK is something
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Speaker 11: like 5.3 percent or 5.4 even at times. And what
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Speaker 11: you've got is that in August alone, we actually paid
12:20
Speaker 11: eight billion pounds just to service the debt in one month.
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Speaker 10: Which is enormous.
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Speaker 11: And of course, if that continues, we're talking about over
12:29
Speaker 11: £ 100 billion a year that will be paid just to
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Speaker 11: service the debt. So he's got that problem. He's got
12:34
Speaker 11: to convince the markets that he's actually got a plan
12:36
Speaker 11: ahead to contain the debt, if you like. But the
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Speaker 11: greatest problem he's got is that inflation is picking up
12:43
Speaker 11: and the markets don't like that. Other countries as well,
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Speaker 11: of course, are facing similar problems, but the UK seems
12:49
Speaker 11: to face even bigger ones than others. So he's got, therefore,
12:52
Speaker 11: a big issue to deal with.
12:54
Speaker 2: Meanwhile, you've got the EU saying to the Brits, can
12:57
Speaker 2: you please up your tariffs on China?
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Speaker 11: Well, that's a very interesting thing because, of course, again,
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Speaker 11: Andy Burnham wants to get more growth in the economy.
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Speaker 11: And one of the things he wants is more trade,
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Speaker 11: more investment. The Chinese are investing in the UK. The
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Speaker 11: last thing he'd want is to make the trade relations worse.
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Speaker 11: But Europe, of course, on which we depend quite significantly,
13:18
Speaker 11: is saying that we're not going to be using uk
13:23
Speaker 11: products in our supply chain and we're not going to
13:26
Speaker 11: include uk in the procurement practices that we've got unless
13:29
Speaker 11: the tariffs that they charge against all countries including china
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Speaker 11: are the same as the ones we charge in the
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Speaker 11: eu and of course just on cars alone the eu
13:38
Speaker 11: charges 45 the uk nothing at all um and if
13:42
Speaker 11: that continues of course first of all this huge amount
13:44
Speaker 11: of dumping going on well at least a lot of
13:47
Speaker 11: exports diverged to the UK. And second, the EU cannot
13:50
Speaker 11: really allow that because whatever goes back into the EU
13:54
Speaker 11: from the UK will have different tariffs and that that
13:57
Speaker 11: already have applied to them. And that's a real problem
13:59
Speaker 11: for them.
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Speaker 2: Vicky, thank you very much. Vicky Price, our business correspondent
14:03
Speaker 2: out of the UK. It's 24 minutes after five. Very
14:07
Speaker 2: quickly for you on the sidelines of that UN summit
14:09
Speaker 2: I mentioned over in New York, Germany and Russia. met
14:13
Speaker 2: for the first time, this is their foreign ministers, first
14:16
Speaker 2: meeting between the Germans and the Russians since before the
14:20
Speaker 2: invasion of Ukraine, so pre-2022. And it lasted 20 minutes.
14:25
Speaker 2: And what came out of it? Well, nothing. The Germans
14:29
Speaker 2: apparently took it to Lavrov and said, hey, stop doing
14:33
Speaker 2: your drone incursions in Europe. Why don't you pull out
14:35
Speaker 2: of Ukraine? He said no, and they went their separate ways.
14:37
Speaker 2: 24 minutes after five, Newstalk ZB. Newstalk ZB, 26 minutes
14:42
Speaker 2: after five. It's not quite Briscoe's sale level, but 10%
14:46
Speaker 2: off your student loan, not to be scoffed at, is it? Unless,
14:49
Speaker 2: of course, you're not a student, you've never had a
14:52
Speaker 2: student loan, and you don't plan on sitting in a
14:54
Speaker 2: lecture theatre for three years to learn about post-feminist critical
14:58
Speaker 2: race theory or environmental market terrorism. Doesn't that sound like fun?
15:02
Speaker 2: In that case, you don't really care about this policy
15:05
Speaker 2: from Labour, except for what it costs you as a taxpayer.
15:09
Speaker 2: You see, the unfortunate thing about democracy is that we're
15:12
Speaker 2: all taxpayers, aren't we? It'll cost, they reckon, by their
15:15
Speaker 2: own calculations, half a billion dollars next year, almost, totaling
15:19
Speaker 2: almost $ 600 million over five years. It's up front, most
15:23
Speaker 2: of this cost. Now, this is an old trick in
15:26
Speaker 2: Labour's playbook. Many of you will remember Helen Clark scoring
15:30
Speaker 2: a third term after doing interest-free student loans. That was
15:33
Speaker 2: back in 2005. But this week, the Nats will probably
15:38
Speaker 2: hit back with their own little sweetener. The books are
15:41
Speaker 2: open tomorrow for everyone to have a little peek under
15:44
Speaker 2: the hood. And listening to the sounds that Nicola Willis
15:47
Speaker 2: was making yesterday, the bank economists were making on Friday,
15:51
Speaker 2: growth and surplus should be, albeit Obigalex, should be looking
15:56
Speaker 2: a little better than the last update we got at
15:58
Speaker 2: the budget. And then... Nicola Willis will use the numbers
16:03
Speaker 2: to release policy tax cuts. She's dropped hints about this
16:07
Speaker 2: at the Business New Zealand election conference a few weeks ago.
16:10
Speaker 2: She's going to try and do something about bracket creep, which,
16:13
Speaker 2: unlike Labour's student loan bribe, is a bribe that almost
16:18
Speaker 2: all Kiwis, taxpayers, will benefit from.
16:20
Speaker 1: Time is 28 minutes after five.
16:24
Speaker 2: I have to say, I did watch the live streams.
16:27
Speaker 2: Does anyone else do anything sad like that on a Sunday?
16:29
Speaker 2: Watch the live streams of the two election launches that happened.
16:34
Speaker 2: And Labour's was better just because they had singing. And
16:40
Speaker 2: they did. They had beautiful singers. They were amazing voices.
16:43
Speaker 2: There was a choir behind them. It was all razzle-dazzle,
16:47
Speaker 2: all go. And the National Party one, we had a
16:50
Speaker 2: slick video, sure. But then we had Simeon Brown trying
16:53
Speaker 2: to do the chant thing, which didn't really... Actually, I've
16:56
Speaker 2: got audio of that, haven't I? Have a listen to
16:58
Speaker 2: Simeon Brown doing the chant thing. It wasn't quite as
17:01
Speaker 2: effective as Labour's. Have a listen.
17:04
Speaker 6: And is National the party of no new taxes?
17:06
Speaker 12: Yes!
17:08
Speaker 2: We're the party of what?
17:09
Speaker 6: No new taxes!
17:12
Speaker 8: Yeah.
17:14
Speaker 2: But, you know, I mean, no one watches this stuff,
17:15
Speaker 2: so who cares? However, Chippy did seem to get a little...
17:20
Speaker 2: He was a little titchy. Have a listen.
17:23
Speaker 13: Their only answer is cuts.
17:26
Speaker 2: That's it.
17:27
Speaker 1: Oh, and lying about tax, which is bullshit, by the way.
17:33
Speaker 2: Unbecoming of a prime minister, don't we think? Oh, we'll
17:36
Speaker 2: let that one slide. You're on Newstalk ZB. We're in
17:39
Speaker 2: the UK next with Gavin about this potential terror attack
17:43
Speaker 2: of an Air Force base.
17:46
Speaker 1: The Early Edition Pool Show Podcast on iHeartRadio. Powered by
17:50
Speaker 1: Newstalk ZB. Ryan Bridge on Early Edition with Spark for Business.
17:57
Speaker 1: Technology that keeps business moving.
17:59
Speaker 2: Newstalk ZB.
18:01
Speaker 14: Before we go to Gavin in the UK, the plot
18:05
Speaker 14: thickens with this terror plot.
18:26
Speaker 2: Trump has now come out in the last couple of
18:27
Speaker 2: minutes and said, because it's an Air Force, a UK
18:30
Speaker 2: Air Force base in Britain that these guys were arrested
18:34
Speaker 2: outside of. However, it is used by the Americans to
18:39
Speaker 2: launch their attacks on Iran, their bombers to Iran. And
18:43
Speaker 2: so Trump has now come out and said, actually, we
18:45
Speaker 2: have had eyes on these guys for some time.
18:49
Speaker 5: Hmm.
18:50
Speaker 2: They weren't arrested because some intelligence agency somewhere had pointed
18:54
Speaker 2: the finger and said, go and look at those guys.
18:56
Speaker 2: It was actually a local resident in a town near
18:58
Speaker 2: the Air Force Base that called it in. So how
19:01
Speaker 2: do you know about them but not watch them, I guess,
19:03
Speaker 2: is the question. There'll be fallout from that. We'll go
19:05
Speaker 2: to Gavin. Loads of feedback coming in on the official
19:08
Speaker 2: start of the election campaign. This one's saying, Ryan, Labour
19:11
Speaker 2: has left us with a near $ 10 billion interest bill
19:15
Speaker 2: from the huge amount of money that they have borrowed.
19:17
Speaker 2: It's true, the interest bill is nearing... $ 10 billion. I
19:22
Speaker 2: think it's at something like $ 9 billion for the next
19:23
Speaker 2: financial year, and is now the fourth biggest line item
19:27
Speaker 2: on the government's books, 22 minutes away from six. Our
19:32
Speaker 2: reporter's Callum in Dunedin. Morning, Callum.
19:34
Speaker 1: Morning, Ryan.
19:35
Speaker 2: What's happening with the airport in Wanaka?
19:38
Speaker 4: A new master plan is about to be drawn up
19:41
Speaker 4: for the future of Wanaka Airport. Queenstown Lakes District Council's
19:44
Speaker 4: brought in aviation experts to help shape this plan, and
19:48
Speaker 4: this builds on last year's independent review which was done.
19:51
Speaker 4: More than 1,100 people made submissions to that review and
19:55
Speaker 4: they found that the community favoured general aviation and direct
19:58
Speaker 4: flights to the likes of Christchurch and Wellington but no
20:00
Speaker 4: big jets or international services was the preference. There was
20:03
Speaker 4: also support for greater use of the airport for civil defence.
20:07
Speaker 4: So this new draft is Master plans expected to go
20:10
Speaker 4: to council next year before being put out again for
20:12
Speaker 4: public consultation.
20:13
Speaker 2: All right. How's your weather, Callum?
20:16
Speaker 4: Showers around the south this morning for Dunedin today. Strong
20:18
Speaker 4: gusty westerlies, the high 13.
20:20
Speaker 2: Nice one. Thank you. Morning, Claire.
20:22
Speaker 10: Good morning.
20:23
Speaker 2: CBD looking quite good in Christchurch.
20:25
Speaker 15: Yeah, well, chockers in Christchurch. The Garden City's premier retail
20:29
Speaker 15: strip is in fact so tight that businesses are now
20:32
Speaker 15: approaching existing tenants trying to buy out their leases. Collier's
20:37
Speaker 15: market analysis puts our CBD retail occupancy at 96%. That's
20:41
Speaker 15: among the highest level we've seen in several years. Cashel
20:45
Speaker 15: Mall has been singled out as an exceptionally tight pocket
20:48
Speaker 15: of the market. Investment sales broker Marius Ogg says this
20:51
Speaker 15: buyout approach from businesses is incredibly rare but can happen
20:55
Speaker 15: when we have very low vacancy in markets around the world.
20:59
Speaker 15: He says the last time this happened in Christchurch was
21:01
Speaker 15: pre-earthquake in 2007. Ogg says the amount of space available
21:06
Speaker 15: is very constrained but there is expansion happening east of
21:09
Speaker 15: the CBD which will likely lighten the load a bit.
21:13
Speaker 2: How's your weather?
21:14
Speaker 15: Very frosty out there this morning. It should clear to
21:17
Speaker 15: mainly find a bit cloudy by afternoon. Westerlies and the
21:19
Speaker 15: high will be 16.
21:20
Speaker 2: Nice one, Claire. Thank you. Tabeas in Wellington. Morning, Tabeas.
21:24
Speaker 1: Morning, Ryan.
21:24
Speaker 2: Government's selling a block of state houses. People aren't happy
21:27
Speaker 2: about it. Well, some people. Yeah, well, on the.
21:29
Speaker 16: Market now is 36 Kāinga Ora state homes in Wellington's Strathmore.
21:34
Speaker 16: So this is out by the airport. The lot in
21:36
Speaker 16: Nookle Street has three 12-unit blocks and it's actually been
21:39
Speaker 16: vacant since December 2024. What's on the open market now
21:43
Speaker 16: after what Kainga Ora says was a range of export options,
21:47
Speaker 16: this includes being offered to iwi through the right of
21:49
Speaker 16: first refusal process. It says new social housing on the
21:53
Speaker 16: site was simply not financially viable and proceeds they will
21:56
Speaker 16: go to its nationwide housing programme. This has however frustrated
22:00
Speaker 16: local MP, the Greens' Julianne Genter, who says they could
22:03
Speaker 16: have been redeveloped for the some 600 people currently on
22:07
Speaker 16: Wellington's state housing list. She's calling for the around $ 7. 3
22:10
Speaker 16: million sale to be put on hold until after the election.
22:14
Speaker 2: How's your weather, Tobias?
22:16
Speaker 16: Mainly fine today. Northwesterly is turning southwesterly at night, 15
22:19
Speaker 16: the high in Wellington.
22:20
Speaker 2: Good stuff, mate. Thank you very much. Good morning, Neva.
22:22
Speaker 10: Good morning.
22:23
Speaker 2: Now, Faraday's is the very fancy, even fancier than what
22:27
Speaker 2: went before it, new department store on Queen Street.
22:30
Speaker 10: Correct, and it is open. It opened on Saturday afternoon, so.
22:35
Speaker 17: Yes, it brings, you're quite right, Ryan, a raft of
22:38
Speaker 17: international fashion and beauty brands to the city centre. More
22:42
Speaker 17: than 220 brands, to be exact. This is across nine categories.
22:46
Speaker 17: Mayor Wayne Brown, now, obviously, of course, he was among
22:50
Speaker 17: the first guests there. He said that, you know, he
22:52
Speaker 17: treated himself to a glass of champagne while his wife
22:55
Speaker 17: browsed it.
22:56
Speaker 10: Shoe section. That I know for a fact.
22:59
Speaker 17: He says, look, the store fills a hole in the
23:01
Speaker 17: city and will obviously, likely be aimed at the big
23:06
Speaker 17: spenders like yourself, Ryan.
23:07
Speaker 2: Yeah, big, big money people. A lot of stone, a
23:09
Speaker 2: lot of marble, a lot of travertine.
23:12
Speaker 3: Have you been?
23:13
Speaker 2: Did you go?
23:13
Speaker 11: No, no, no.
23:13
Speaker 2: I looked at all the photos.
23:15
Speaker 10: Yeah, I saw the photos in the queues on Saturday.
23:17
Speaker 2: My husband wants to go there and I said, I'm
23:18
Speaker 2: not interested. Well, looks like it'll be busy for a while.
23:21
Speaker 10: It will.
23:22
Speaker 2: And very expensive, Neva.
23:23
Speaker 10: Thank go with your husband, though. Do something nice. Yeah.
23:27
Speaker 10: Go and have a wee look and tell.
23:29
Speaker 8: Come back.
23:29
Speaker 2: Yeah, I'll report back. But do you know who would
23:31
Speaker 2: have been already? Yes.
23:32
Speaker 1: Mike.
23:33
Speaker 10: Yeah.
23:34
Speaker 2: Because he's rich.
23:35
Speaker 10: Yeah, he's rich. He probably would have spent like hundreds
23:37
Speaker 10: of thousands of dollars.
23:38
Speaker 2: Without blinking.
23:39
Speaker 10: On his underwear.
23:40
Speaker 2: How's your weather? Okay.
23:41
Speaker 10: Partly cloudy, isolated showers. I am 15.
23:46
Speaker 2: Brilliant. Neva, happy Monday. 18 minutes away from 6, Newstalk ZB.
23:50
Speaker 2: We will get to the UK next, get the latest,
23:52
Speaker 2: the lowdown on what's happening outside this Air Force base.
23:55
Speaker 2: Newstalk ZB. Quarter to six, we'll get to Labour and
24:04
Speaker 2: their student loan policy in a second. First, Gavin Gray,
24:07
Speaker 2: our UK-Europe correspondent. You've got five men arrested. You've got
24:10
Speaker 2: a major counter-terrorism operation underway at the moment outside an
24:13
Speaker 2: air force base. Gavin, what do we know about potential
24:17
Speaker 2: links to the Iranians?
24:19
Speaker 13: Well, at the moment, it's all rather sort of up
24:22
Speaker 13: in the air. But it is thought that the Iranians
24:25
Speaker 13: could be behind this potential attack. Police were called by
24:29
Speaker 13: a local resident, apparently, just after midnight, saying there was
24:33
Speaker 13: some suspicious activity in the village, which is next to
24:37
Speaker 13: RAF Fairford, which is to the west of London in Gloucestershire. Now,
24:40
Speaker 13: it is an RAF base, but the U.S. Air Force
24:43
Speaker 13: has used the base to launch attacks against Iran since March. And,
24:47
Speaker 13: of course, Iran's foreign ministry back in July did say
24:51
Speaker 13: that any party in any manner participating in military aggression
24:55
Speaker 13: against Iran was will bear responsibility for the consequences and repercussions.
24:59
Speaker 2: So that's why.
25:00
Speaker 13: People are thinking this is Iran. We don't know anything
25:03
Speaker 13: about the five men who have been arrested. But they are,
25:06
Speaker 13: as you say, being arrested on suspicion of committing offenses
25:10
Speaker 13: under the Explosives Act. and also being questioned by counterterrorism police. U.S.
25:15
Speaker 13: President Donald Trump, just in the last few minutes, telling
25:18
Speaker 13: reporters the men arrested were looking to do big damage.
25:22
Speaker 13: He said, quote, we had them under investigation. They were
25:25
Speaker 13: looking to do big damage to our fort, and working
25:28
Speaker 13: with the British worked out great. He continued, it may
25:31
Speaker 13: be Scotland Yard.
25:32
Speaker 2: I don't know.
25:32
Speaker 13: We've worked them with a lot. We've had them under
25:35
Speaker 13: review for a long time, and we've got them. It
25:37
Speaker 13: was fantastic. So we'll wait to see more details as
25:39
Speaker 13: they emerge around.
25:40
Speaker 2: Thank goodness for the nosy parker neighbours near the airfield base.
25:45
Speaker 13: Yes, and it rather contradicts what Donald Trump's just said
25:48
Speaker 13: about we had them under scrutiny, under investigation. But yeah,
25:52
Speaker 13: whether it was a neighbour or whether they were being followed, yeah,
25:55
Speaker 13: quite a catch, so close to the base, just a
25:57
Speaker 13: matter of a couple of hundred metres away and a
26:00
Speaker 13: 400-metre cordon now in place, 85 homes evacuated.
26:04
Speaker 2: Manchester City, what's the scandal?
26:08
Speaker 13: Well, Manchester City are really debating, I think, what to do.
26:11
Speaker 13: It looks almost certain they are going to appeal against
26:14
Speaker 13: this ruling, which found the club guilty of breaking the
26:17
Speaker 13: Premier League's financial rules. Manchester City are accused of a
26:21
Speaker 13: huge breach, but they mostly centre around claims that they
26:24
Speaker 13: inflated sponsorship revenue from connected companies and made other, quote,
26:29
Speaker 13: off-the-books payments to circumnavigate financial regulations. Now, spending by Premier
26:34
Speaker 13: League clubs and football clubs in the UK, very heavily regulated.
26:38
Speaker 13: The allegation is that on the 115 charges brought against them,
26:43
Speaker 13: Manchester City have been found guilty against the vast majority
26:46
Speaker 13: of them. Now, their chairman, Khaldun al-Mubarak, says he's confident
26:51
Speaker 13: of proving the club's innocence. He said they are almost
26:54
Speaker 13: certainly going to appeal. But here's the rub with this, Ryan.
26:57
Speaker 13: Imagine if you lost a place going to European football
27:01
Speaker 13: because of Manchester City, when now it's been ruled that
27:04
Speaker 13: they have in some way cheated, allegedly. And imagine if
27:09
Speaker 13: you've been relegated because you lost one space. I mean,
27:12
Speaker 13: a relegation is said to be worth roughly eight million
27:16
Speaker 13: New Zealand dollars in the season, but missing out on
27:18
Speaker 13: a place in Europe, potentially 20 million New Zealand dollars.
27:23
Speaker 13: So this is big money. And I can see other
27:25
Speaker 13: Premier League clubs coming forward now. to try and possibly
27:28
Speaker 13: launch compensation claims.
27:29
Speaker 2: Gavin Gray, our UK-Europe correspondent. Time is 12 minutes away
27:32
Speaker 2: from six. Here on Newstalk ZB, if you've got a
27:35
Speaker 2: student loan, well, Labour wants your vote.
27:38
Speaker 13: If you finish your study and you're still paying off
27:41
Speaker 13: a student loan, we will wipe 10% off what you
27:44
Speaker 13: owe on the 1st of April next year.
27:49
Speaker 2: And we won't stop there. On top of that, anyone
27:51
Speaker 2: who finishes their study and stays in New Zealand for
27:53
Speaker 2: three years gets another 10%, gets a 10% cut The
27:57
Speaker 2: cost is $ 583 million over the next four years. Shannon Halbert,
28:02
Speaker 2: Labour's tertiary education spokesperson with me this morning. Shannon, good morning.
28:07
Speaker 2: Good morning. Good to have you on the show. So
28:09
Speaker 2: you have said yesterday Kiwis are ditching New Zealand, increasing
28:12
Speaker 2: number of them. So I want to know what problem
28:15
Speaker 2: you're fixing here. How many university graduates are leaving New
28:18
Speaker 2: Zealand each year?
28:21
Speaker 14: What we know is that we want to give Kiwis
28:25
Speaker 14: every reason to stay here in New Zealand and build
28:27
Speaker 14: their life here. By reducing their debt by 10%, that
28:31
Speaker 14: offers an incentive for them to do just that, for
28:34
Speaker 14: them to get ahead, to be able to buy their
28:39
Speaker 14: house when they need to. We can't see the number
28:42
Speaker 14: of people going offshore all the time, and we've got
28:45
Speaker 14: to give them every reason to stay.
28:47
Speaker 2: Here, Brian. We can see how many people go offshore
28:50
Speaker 2: all the time through Stats NZ data, right? So you
28:53
Speaker 2: don't know how many leave with a university degree within
28:57
Speaker 2: the first three years? Well, we know that.
29:01
Speaker 14: We've seen 20,000 people get offshore to Australia, for example.
29:06
Speaker 14: New Zealand knows that we've got a problem in qualified
29:10
Speaker 14: people going across the ditch. We want to change that,
29:13
Speaker 14: and the way that we will do that is about
29:15
Speaker 14: addressing the cost of living here in New Zealand and
29:18
Speaker 14: reducing their student loan debt. That's our response as a
29:22
Speaker 14: future government.
29:23
Speaker 2: Sure, but how many, I mean, you said that the
29:25
Speaker 2: number is increasing, the number of qualified people going to
29:28
Speaker 2: Australia is increasing. How many? What by?
29:32
Speaker 14: I said that thousands of New Zealanders are going across
29:36
Speaker 14: the ditch.
29:36
Speaker 2: Yeah, but how many of them have got degrees? Across qualification. Yeah,
29:40
Speaker 2: but Shannon, your policy is about people with degrees, right?
29:42
Speaker 2: So how many with degrees are going? I haven't got
29:45
Speaker 2: that number in front of me this morning, Ryan. But
29:48
Speaker 2: every New.
29:49
Speaker 14: Zealander knows that there's thousands of people going across the ditch.
29:54
Speaker 14: that is skills going across to Australia. We want those
29:57
Speaker 14: skills staying here in New Zealand and we've got to
30:00
Speaker 14: offer an incentive for young people to stay here.
30:03
Speaker 2: The first payment, so there's two payments, the first payment, 10% off,
30:08
Speaker 2: is the 1st of April next year. Is that right?
30:12
Speaker 2: That's correct.
30:13
Speaker 14: And that's 10% for people that have completed studies already
30:18
Speaker 14: and have a balance sitting on their loan.
30:20
Speaker 2: Right. The second group. So just staying with the first one.
30:24
Speaker 2: So anyone who's finished uni and has a balance to
30:26
Speaker 2: pay on the 1st of April next year, they get 10% off.
30:30
Speaker 2: Do they have to be living in New Zealand or
30:33
Speaker 2: can they just be in New Zealand on the 1st
30:35
Speaker 2: and get the 10% off?
30:38
Speaker 14: They have to meet the criteria under IRD and be
30:43
Speaker 14: based in New Zealand.
30:44
Speaker 2: Yes, they do.
30:45
Speaker 14: On top of that, those people who have loans of
30:49
Speaker 14: under $ 2, 000, those will also be written off.
30:52
Speaker 2: So what is the criteria? Can I come back into
30:55
Speaker 2: New Zealand? If I'm living overseas, got a student loan,
30:57
Speaker 2: I want 10% off. Can I fly in for a
30:59
Speaker 2: week and fly out and get the 10% off?
31:02
Speaker 14: No, you have to meet the criteria, and that requires
31:05
Speaker 14: you to be here at least one month prior in
31:08
Speaker 14: order to be eligible for the 1st of April next
31:11
Speaker 14: year in 2027. If you don't move that, there is
31:15
Speaker 14: an incentive for you to still come home and be
31:18
Speaker 14: eligible for the next round of payments in the following years,
31:21
Speaker 14: the write-off in the following years.
31:23
Speaker 2: Shannon Halbert from Labour, 8 to 6, Newstalk ZB.
31:27
Speaker 1: The news you need this morning and the in-depth analysis.
31:30
Speaker 1: Early edition with Ryan Bridge and Spark for Business. Technology
31:35
Speaker 1: that keeps business moving.
31:36
Speaker 2: Newstalk ZB. Newstalk ZB. It is six minutes away from six.
31:41
Speaker 2: Loads of text coming in on Labour and their plan
31:45
Speaker 2: for the students and the student loans and you're 10% off.
31:48
Speaker 2: A lot of people were saying this feels and looks
31:50
Speaker 2: a lot like a lolly scramble, which I suppose is
31:53
Speaker 2: to be expected when you're launching political campaigns. Six weeks
31:56
Speaker 2: out from an election. Five away from six now, and
31:59
Speaker 2: Mike's here. Morning, Mike. Old trick, of course. Yeah. Helen
32:02
Speaker 2: Clark did it well. And it worked well.
32:04
Speaker 12: So why wouldn't you give it a nod? Did you
32:06
Speaker 12: see Barbara's explanation?
32:08
Speaker 2: Yeah, I did.
32:10
Speaker 12: See, she's technically correct.
32:12
Speaker 2: She is right.
32:13
Speaker 12: And she does have a tax background, so she knows
32:15
Speaker 12: what she's talking about. But the way she explained it,
32:17
Speaker 12: if you don't understand assets and on the books and
32:20
Speaker 12: stuff like that, It's the same thing at the end
32:23
Speaker 12: of the day. But what I've always been suspect about
32:25
Speaker 12: is when they treat it as an asset, if you're
32:28
Speaker 12: owed a billion dollars, you're assuming the billion dollars is
32:31
Speaker 12: coming back. And we know for a fact it isn't.
32:34
Speaker 12: So how much isn't coming back? Well, that's where they
32:37
Speaker 12: get to fair value, isn't it? And this is their problem.
32:41
Speaker 12: But anyway, we wish them.
32:42
Speaker 2: All the best. But also, they do forego the interest
32:46
Speaker 2: payments on whatever they're cutting.
32:47
Speaker 12: It's money you don't get. So no, you're not handing
32:50
Speaker 12: it out of your wallet. But it's something that you
32:52
Speaker 12: lose and you don't have anymore. It's as simple as that.
32:54
Speaker 2: You're right. It all gets very technical. But at the
32:56
Speaker 2: end of the day, if someone is not paying something,
32:59
Speaker 2: then that is costing somebody else. And that's us.
33:02
Speaker 12: And that's before you get to the letters I've got
33:03
Speaker 12: this morning from people overseas who have gone, you know,
33:06
Speaker 12: we left and we paid it back because we wanted
33:08
Speaker 12: to and you should pay it back. And then all
33:10
Speaker 12: of a sudden, oh, no, whoops. If you didn't pay
33:12
Speaker 12: it back, I mean, it rewards slackness basically, doesn't it?
33:16
Speaker 2: And you've now had two messages on student loans. One
33:19
Speaker 2: was in 2005, which said, oh, no, you don't need
33:21
Speaker 2: to pay interest on your loan. And now you are saying, well,
33:24
Speaker 2: you don't even need to pay it. No, exactly.
33:26
Speaker 12: So anyway, it's very Biden-esque because Biden, of course, did
33:29
Speaker 12: exactly the same thing. I didn't realize the number of citizens' arrests.
33:35
Speaker 1: No.
33:35
Speaker 2: How many? Through the roof.
33:37
Speaker 12: 90 in 45 days. We're doing more than two a day.
33:40
Speaker 12: So we've got these new rules that apparently wrangle someone
33:43
Speaker 12: to the ground. I feel like I'm missing out. I
33:45
Speaker 12: might go and arrest somebody today and see how we go.
33:48
Speaker 2: Go on at Faraday's. Have you been to Faraday's yet?
33:50
Speaker 2: I've been. Oh, you have? No, no, no, this one.
33:54
Speaker 2: He's showing me his top.
33:56
Speaker 12: It's Eddie's shop, so I'm an old fan.
34:00
Speaker 2: But yes, apparently there's one in the Waikato that's a
34:02
Speaker 2: bit suspect, the citizens' arrests.
34:04
Speaker 12: Yeah, so anyway, we'll look at that this morning, along
34:06
Speaker 12: with the Prime Minister, of course.
34:07
Speaker 2: Great stuff. Mike is next. Newstalk ZB.
34:11
Speaker 15: Gone.
34:14
Speaker 1: For more from Early Edition with Ryan Bridge, listen live
34:17
Speaker 1: to News Talk ZB from 5 a.m. weekdays or follow
34:20
Speaker 1: the podcast on iHeartRadio.