Latest / Early Edition with Ryan Bridge / Full Show Podcast: 02 December 2025
Transcript
- 0:01Speaker 1: The issues, the interviews and the insight. Ryan Bridge on
- 0:05Speaker 1: early edition with our the Supercenter explore our the successories
- 0:09Speaker 1: and servicing more than one news talks. They'd be good morning.
- 0:12Speaker 2: It's Tuesday, six after five. We'll look at the rates
- 0:15Speaker 2: cap before six this morning. Leslie's in Australia for US
- 0:17Speaker 2: the International Convention Center. Just how international is it really?
- 0:21Speaker 2: We'll ask the question plus more Key Wes reckon they
- 0:24Speaker 2: can buy a house than they did a year ago.
- 0:27Speaker 2: But where.
- 0:29Speaker 1: The agenda?
- 0:31Speaker 2: It is Tuesday, the two of December. The UK Budget
- 0:34Speaker 2: Office about as dumb as the budget that they accidentally
- 0:37Speaker 2: released last week.
- 0:39Speaker 3: It was to do with using atensially a piece of
- 0:41Speaker 3: software and I think the analogy is drawn here that
- 0:44Speaker 3: would be more suitable for a small or medium sized
- 0:46Speaker 3: enterprise than a major government that may have made some
- 0:49Speaker 3: sense in termas of your independence, but made little sense
- 0:52Speaker 3: and centers. The critical security of the data involves.
- 0:55Speaker 2: Whoop see Meanwhile, Starmer's been accused of hyping up a
- 0:58Speaker 2: fiscal crisis to pay for new welfare programs, blaming a
- 1:02Speaker 2: black hole that actually didn't really exist.
- 1:03Speaker 4: There was no br productivity review. The result of that
- 1:08Speaker 4: was there was sixteen billion pounds less than we might
- 1:11Speaker 4: otherwise have had. So we had, on the one hand,
- 1:13Speaker 4: sixteen billion pounds less than we might otherwise have had.
- 1:16Speaker 4: We had clear commitments that we'd made throughout the process
- 1:19Speaker 4: as to what it was we were going to achieve. Therefore,
- 1:23Speaker 4: against that backdrop, it was inevitable that we would always
- 1:27Speaker 4: have to raise revenue. So there's no misleading.
- 1:29Speaker 2: Yeah, we get, we get. We get explaining as losing
- 1:31Speaker 2: in politics. And that sounded a hell of a lot
- 1:34Speaker 2: like explaining, didn't it. Let's go to the US where
- 1:36Speaker 2: lawmakers demanding answers this over the strikes on the Venezuelan
- 1:39Speaker 2: drug votes. Washington Post reported that there was a follow
- 1:43Speaker 2: up strike ordered to kill the survivors of an initial strike.
- 1:47Speaker 5: He said he.
- 1:48Speaker 1: Did not want them.
- 1:50Speaker 5: He didn't even know what people were talking about. So
- 1:53Speaker 5: we'll look at we'll look into it. But no, I
- 1:56Speaker 5: wouldn't have wanted that a second strike. The first strike
- 2:00Speaker 5: is very lethal.
- 2:01Speaker 2: It was fine to the movies. Disney's Zootopia two has
- 2:04Speaker 2: gone gang buses at the box office, proof we still
- 2:07Speaker 2: love the cinema.
- 2:08Speaker 1: Let me ask you, do you think we're a good ten?
- 2:10Speaker 6: Of course, az.
- 2:14Speaker 7: I just wish I knew what we had to do
- 2:16Speaker 7: to prove it to everyone else.
- 2:18Speaker 2: Betured the perimeter, snoop a little behind.
- 2:20Speaker 1: Nothing, bebout no snake? Has that put in Utopia in
- 2:24Speaker 1: for Raver?
- 2:24Speaker 2: Yeah? Massive? So five hundred and half a billion dollars
- 2:28Speaker 2: worldwide since opening, the biggest international opening for an animated
- 2:32Speaker 2: film ever and the fourth biggest global debut of any movie.
- 2:37Speaker 2: Who would have.
- 2:37Speaker 1: Thought Ryan Bridge on earlier edition with r VS Supercenter
- 2:43Speaker 1: explore r V successor Reason servicing all in one news talks.
- 2:47Speaker 2: It'd be used talks. Heb it's nine minutes after five,
- 2:51Speaker 2: nine ninety two is the numbered text. Great to have
- 2:53Speaker 2: your company this morning. Do flip me a message, love
- 2:55Speaker 2: to hear from you. I'll get to the Mackenzie has
- 2:58Speaker 2: just handed me the most ridiculous story about Bacon. I'll
- 3:01Speaker 2: get to that in a second. I can't resist. But
- 3:04Speaker 2: housing and buying your first house, getting on the property ladder.
- 3:07Speaker 2: We had a report from ASB yesterday. We've got another
- 3:09Speaker 2: one today. This one's from Kiwi Bank, basically saying the
- 3:13Speaker 2: Kiwi dream of owning a property is alive and well
- 3:15Speaker 2: and there's no surprise in that. But what is interesting
- 3:18Speaker 2: is the number of kiwi's of renters who now feel
- 3:23Speaker 2: that they are able to get on too, or at
- 3:25Speaker 2: least that they're not locked out of the property market,
- 3:27Speaker 2: Like it's not an impossible thing. Hard, yes, impossible. No,
- 3:32Speaker 2: So fifty seven percent of non owners feel locked out
- 3:36Speaker 2: of the property market, and that still sounds a bit bad,
- 3:38Speaker 2: but it's actually an improvement of six percent on last year.
- 3:42Speaker 2: And this stands to reason prices are coming down. People
- 3:45Speaker 2: feel that they can afford a house, which is actually
- 3:48Speaker 2: a good thing because in society, and here I sound
- 3:51Speaker 2: like I'm lecturing you, but this this is true of
- 3:55Speaker 2: any society if people don't feel like they can have
- 3:58Speaker 2: a stake in it, if they Judith Collins talks quite
- 4:01Speaker 2: eloquently about this, more eloquently than I could. If you
- 4:05Speaker 2: don't feel like you can get on the property ladder,
- 4:07Speaker 2: like you can buy a piece of the land and
- 4:10Speaker 2: the society you live in, then you go to hell
- 4:13Speaker 2: in a hand basket. No one has buy and you
- 4:15Speaker 2: basically end up worth the guillotines. Right. So this is important,
- 4:20Speaker 2: and what this tells us is that price is coming
- 4:23Speaker 2: down means that people feel like they can get on
- 4:26Speaker 2: the ladder. They have a shot, they have a chance,
- 4:28Speaker 2: and more people this year feel they have a shot
- 4:30Speaker 2: than last year. That's a good thing. That's a great thing. Now,
- 4:33Speaker 2: what is interesting about these numbers that have come out
- 4:35Speaker 2: this morning is the fact that people are willing to
- 4:40Speaker 2: give up a few things in order to buy buy
- 4:42Speaker 2: a house. Yes, I'm willing to cut my cloth. I'm
- 4:46Speaker 2: willing to cut some expenses. Seventy percent of people said
- 4:49Speaker 2: they were willing to move to a different area to
- 4:51Speaker 2: buy a house, which I think is fascinating. If you're
- 4:54Speaker 2: a first home buyer, you're willing to move town or
- 4:57Speaker 2: city to buy a house or buy a house in
- 4:59Speaker 2: another town is city which maybe you don't live in.
- 5:02Speaker 2: And I think that that is a good sign. It
- 5:05Speaker 2: is a healthy sign. It means people. The only thing
- 5:08Speaker 2: in this that I think is bad is that people
- 5:10Speaker 2: aren't willing to compromise on size. Now, when I bought
- 5:14Speaker 2: my first house, it was tiny. I'm talking teeny tiny,
- 5:18Speaker 2: like forty something square meters. I mean I could barely
- 5:22Speaker 2: fit in it. I'm quite a tall person, and I
- 5:24Speaker 2: could probably from head to toe, lie down in the
- 5:28Speaker 2: floor in the bedroom and go from wall to wall
- 5:30Speaker 2: that's how small it was. But you've got to do
- 5:33Speaker 2: these things. That's just what you've got to do. If you,
- 5:34Speaker 2: I mean, if you want where there's a world, there's
- 5:37Speaker 2: a way, I think is the point. And if you
- 5:39Speaker 2: really want to get something, if you're really determined and
- 5:42Speaker 2: it is your dream and it is your goal, you
- 5:45Speaker 2: can make it happen. Bright and Bread read five twelve.
- 5:48Speaker 2: Now the bacon story. We've got to get to this.
- 5:51Speaker 2: So smelling bacon. This is embargoed until five am, so
- 5:54Speaker 2: we're twelve minutes into being able to talk about it.
- 5:57Speaker 2: I know, smelling bacon in the womb is lenked to
- 6:00Speaker 2: a high risk of adult obesity. Is this for real?
- 6:03Speaker 2: It's a study. According a study on mice, the smell
- 6:09Speaker 2: of fatty foods during pregnancy might put babies at higher
- 6:13Speaker 2: risk of obesity later in life. This is according to
- 6:16Speaker 2: overseas research. Scientists fed two groups of pregnant mice the
- 6:20Speaker 2: same healthy diet, but added artificial bacon flavor to the
- 6:24Speaker 2: food of one group, knowing that the bacon smell molecules
- 6:29Speaker 2: would reach the pups through the liquid in the womb.
- 6:32Speaker 2: The mice that were exposed to fatty food fatty smells
- 6:37Speaker 2: of foods, used up less energy, gain more weight, showed
- 6:41Speaker 2: signs of diabetes, and had brain changes linked to obesity.
- 6:45Speaker 2: So be careful what you're cooking around a pregnant woman.
- 6:48Speaker 2: Is the moral of the story. I suppose if we
- 6:50Speaker 2: two believe it. Thirteen after five, we'll took to squirrel
- 6:53Speaker 2: on home ownership.
- 6:54Speaker 1: Next the first word on the News of the Day,
- 6:58Speaker 1: Fairly editioned with Ryan Rich and r V Super Center
- 7:02Speaker 1: explore RV's accessories and servicing more than one, News Talks AB.
- 7:06Speaker 2: Quarter past five and News Talks B. I'll tell you
- 7:08Speaker 2: how you might be able to save some money on
- 7:10Speaker 2: your car insurance bill. It's a really weird little trick,
- 7:13Speaker 2: but I will tell you just after five point thirty
- 7:15Speaker 2: this morning. Now, building residential building consents, and I stress
- 7:19Speaker 2: residential because non residential ain't looking so good. But residential
- 7:22Speaker 2: building consents we're on the rise for October, especially townhouses.
- 7:27Speaker 2: Non residential consents unfortunately in decline, and they reckon building
- 7:31Speaker 2: can work. Residential building will pick up next year, which
- 7:34Speaker 2: is long overdue, isn't it. It's quarter past five, Ryan
- 7:38Speaker 2: Bridge More renters reckon they have a shot at buying
- 7:40Speaker 2: a home of their own. Kibank's latest housing report out
- 7:42Speaker 2: this morning, fifty seven percent of non owners feel lockdown
- 7:45Speaker 2: of the market, which still sounds bad, but actually an
- 7:48Speaker 2: improvement of six percent on last year. The key we
- 7:51Speaker 2: property dream seems to be alive and well. David Cunningham
- 7:54Speaker 2: is with us Chief Squirrel at Squirrel Mortgages. David, good morning, Hi, Ryan,
- 7:59Speaker 2: good good. More that more renters think it's possible.
- 8:04Speaker 8: Well, yeah, I think we've got this Goldie locks condition
- 8:07Speaker 8: really for first home Bars and interest strats are down,
- 8:10Speaker 8: so that makes renters think it's better. You know, rents
- 8:13Speaker 8: have come down a little bit, so maybe they're able
- 8:15Speaker 8: to save a bit more if they're getting the benefit
- 8:17Speaker 8: of a lower rent. You know, your key with Saber
- 8:19Speaker 8: balance has gone up quite a bit, so your deposits
- 8:21Speaker 8: getting easier. There's heats of choice out there, properly price
- 8:25Speaker 8: to fullum. There's heats of choice and there's not a
- 8:27Speaker 8: lot of competition, So we call it a Goldilocks time
- 8:30Speaker 8: for first time buys. It's been that way for a
- 8:32Speaker 8: year and it's you know, it looks like at least
- 8:34Speaker 8: another year of that where there's not a lot of
- 8:37Speaker 8: competition for first time by so I'm not surprised to
- 8:39Speaker 8: see more people saying that it's possible. But there is
- 8:43Speaker 8: this cohort of New Zealanders for whom it's sort of
- 8:46Speaker 8: the dream that's probably not going to happen, you know,
- 8:48Speaker 8: generally related to much lower income.
- 8:51Speaker 2: Yes, but that that problem has always existed, hasn't it. Well,
- 8:54Speaker 2: I mean, it's certainly gotten worse over the last decade
- 8:57Speaker 2: or two, but it's a yeah, that's right.
- 8:59Speaker 8: Yeah, yeah, that's right. I mean there's always been about
- 9:02Speaker 8: sixty five percent home ownership in New Zealander. You know,
- 9:04Speaker 8: it's going up and down a little bit over time,
- 9:07Speaker 8: but it's generally about two thirds of New Zealanders get
- 9:09Speaker 8: to own their own home, and it's been that way
- 9:11Speaker 8: for fifty to seventy five years. To be honest, what.
- 9:13Speaker 2: Did you say, Because you're obviously at Squirrel Mortgage is
- 9:15Speaker 2: dealing with a lot of first home buyers, a lot
- 9:17Speaker 2: of home buyers. This textas says Ryan, No, you're wrong
- 9:20Speaker 2: about half of under thirties in this country will never
- 9:22Speaker 2: own a house. The bird has flowing. Talking it up
- 9:25Speaker 2: won't help them. I'm afraid how much of this do
- 9:28Speaker 2: you think just personally comes down to like attitude. I
- 9:32Speaker 2: know that sounds almost like gas lighting. Because some people
- 9:36Speaker 2: can't afford to buy a house. I get that, But
- 9:39Speaker 2: for others they can, they just don't think they can.
- 9:45Speaker 8: Yeah, look to the honest. I respect you know what
- 9:48Speaker 8: your listeners said. But to be honest, it is easier
- 9:52Speaker 8: now than it was. When I bought my house in
- 9:54Speaker 8: nineteen ninety. I paid one hundred and fifty thousand. I
- 9:57Speaker 8: had say, fifteen thousand, which was at that time a
- 9:59Speaker 8: lot of mone the bank of Mom and Dad good
- 10:01Speaker 8: our banker. Mom and Dad chipped in fifteen thousand, and
- 10:04Speaker 8: my payments were seven hundred bucks a week. Today that
- 10:07Speaker 8: would be two thousand, two hundred bucks. But today that
- 10:10Speaker 8: same average mortgage seven hundred thousand dollar house one hundred
- 10:14Speaker 8: and forty thousand dollars mortgage is the equivalent is a
- 10:17Speaker 8: one thousand and four to three six. So you know,
- 10:19Speaker 8: it's actually significantly cheaper now than it has been for
- 10:22Speaker 8: a long Cynaney compared back then. So you know, us
- 10:25Speaker 8: old guy said it tough, you know, you could say,
- 10:27Speaker 8: but in reality, if you've got the motivation, you've got Kiwisaver,
- 10:31Speaker 8: which has been an absolute game changer almost every first
- 10:34Speaker 8: term by uses kiwisaver, they wouldcraw forty three thousand dollars
- 10:37Speaker 8: per person. Last year there were forty thousand people that
- 10:40Speaker 8: did that, so it's it's actually been the enabler. So
- 10:43Speaker 8: it is within the reach of more people, perhaps than
- 10:46Speaker 8: so a few years ago.
- 10:47Speaker 2: David, appreciate your time this morning. David Cunningham from Squirrel
- 10:50Speaker 2: mortgagees time is five nineteen News Talk.
- 10:52Speaker 1: Said big get ahead of the headlines on early edition
- 10:57Speaker 1: with Brian Bridge and are the super explore our VSE,
- 11:01Speaker 1: accessories and servicing all in one news Talks.
- 11:04Speaker 2: I'd be five twenty one. We'll get to Australia with
- 11:06Speaker 2: our correspondent just after five thirty this morning. Here, after
- 11:09Speaker 2: years of building delays and one raging fire, finally we've
- 11:13Speaker 2: got an opening date for the new International Convention Center
- 11:15Speaker 2: in Auckland, eleventh February. Doors will open. Preue Deally, is
- 11:19Speaker 2: general manager for the convention Center, joins me this morning. Morning.
- 11:22Speaker 9: Preue, Good morning Ryan, thanks for having me.
- 11:25Speaker 2: Great to have you. One hundred and twenty one events
- 11:27Speaker 2: already for twenty twenty six on the on the calendar.
- 11:30Speaker 2: What interested to know what proportion of those are local?
- 11:33Speaker 2: Versus international.
- 11:36Speaker 9: Yeah, so we estimate that you know, each year, about
- 11:39Speaker 9: thirty percent of the number of events that we're going
- 11:41Speaker 9: to do will be international. We're hoping that it'll be more,
- 11:44Speaker 9: but as you can imagine, we've still got lots of
- 11:46Speaker 9: events coming in and the team we're working on converting
- 11:49Speaker 9: those every single day. So for us at the moment,
- 11:51Speaker 9: where we're looking toward targeting about thirty percent and that
- 11:55Speaker 9: will equate to about thirty three thousand new international visitors
- 11:59Speaker 9: that will is it.
- 12:01Speaker 8: We'll visit New.
- 12:02Speaker 9: Zealand and Auckland every year and that will look to
- 12:05Speaker 9: bring about ninety million dollars of economic impact to the
- 12:08Speaker 9: city and the country.
- 12:09Speaker 2: So that's what you're forecasting. And is that what you're
- 12:11Speaker 2: seeing with the events that you've got booked so far?
- 12:15Speaker 9: Yeah? Absolutely, I mean for twenty twenty six out of
- 12:18Speaker 9: one hundred and twenty one, we do have some great
- 12:20Speaker 9: international congresses already concerned. A good example of one of
- 12:23Speaker 9: those is the Coral Reef Symposium, which is coming in July.
- 12:28Speaker 9: That's seeing two thousand people come for a conference for
- 12:30Speaker 9: four days. That alone is around five million dollars of
- 12:33Speaker 9: economic impact. And that's just one of the ones that
- 12:36Speaker 9: we've got coming for next year, and a few more
- 12:38Speaker 9: to announce shortly, seeing too.
- 12:40Speaker 2: Brilliant, brilliant How many are coming here specifically because of
- 12:43Speaker 2: the venue, like they would you know that they wouldn't
- 12:47Speaker 2: have happened anyway, you know what I mean?
- 12:50Speaker 9: Yeah, absolutely, I mean that's all that international business Ryan.
- 12:53Speaker 9: You know, a lot of them wouldn't have been able
- 12:56Speaker 9: to come to New Zealand without this convention center of
- 12:58Speaker 9: scale and being able to who you know, hold these
- 13:01Speaker 9: conferences as sort of fifteen hundred and two thousand people.
- 13:05Speaker 9: So at the moment, you know, we've got a handful
- 13:06Speaker 9: of those that are sitting around those numbers for the
- 13:08Speaker 9: next few years, and quite a solid pipeline that we're
- 13:11Speaker 9: working on to convert because we've got inquiries all the
- 13:13Speaker 9: way out unto twenty thirty two at the moment for
- 13:16Speaker 9: these big congresses. So the team are working really hard
- 13:19Speaker 9: on making sure that we can we can bring them
- 13:21Speaker 9: to the country.
- 13:22Speaker 2: There are a lot of people out there listening who
- 13:23Speaker 2: need a job. Job market's been tough. How many jobs
- 13:28Speaker 2: are you looking to put on and the next we are.
- 13:31Speaker 9: Yeah, good question. We are actually soon to be going
- 13:34Speaker 9: out with a recruitment drive for our casual workforce. So
- 13:37Speaker 9: these are our people on the ground that will be
- 13:39Speaker 9: welcoming our visitors into the building. It might be showing
- 13:42Speaker 9: them to their seats in the theater, it might be
- 13:44Speaker 9: serving them a cup of coffee or their morning tea.
- 13:48Speaker 9: We're going to kick off with about three hundred people
- 13:50Speaker 9: that we need to find for positions, and then once
- 13:54Speaker 9: we get up and firing, we estimate that that could
- 13:56Speaker 9: go up to about five hundred people. So we are
- 13:59Speaker 9: on the hunts for great kiwis to come and help us,
- 14:02Speaker 9: you know, showcase this building to the world.
- 14:04Speaker 2: Brilliant prude, nice to have you on the show. Proudally
- 14:06Speaker 2: general manager for the International Convention Center. So we need
- 14:08Speaker 2: some nice, smiley, happy welcoming people. No ninja's need apply.
- 14:12Speaker 1: The early edition full show podcast on IHART Radio. How
- 14:16Speaker 1: It Buy NEWSTALKSB.
- 14:18Speaker 2: News TALKSB it is five twenty six. This rates cap
- 14:22Speaker 2: popular politics, no doubt about it, and local government needs
- 14:25Speaker 2: a good cack in the pants. We all know that.
- 14:27Speaker 2: But does a two to four percent band simply mean
- 14:29Speaker 2: that we're going to pay more in other Sneaky little
- 14:32Speaker 2: fees rates aren't the only way these guys make money
- 14:35Speaker 2: off us. We also pay for specific things like resource
- 14:38Speaker 2: and building consents, limb requests, dog registrations, campgrounds. Will hairdressers
- 14:45Speaker 2: have to pay more to register under the Health Act? Yes,
- 14:47Speaker 2: this is a thing in Kaipita, for example, I had
- 14:50Speaker 2: a look this morning. It'll cost your business four hundred
- 14:52Speaker 2: and twenty three bucks. Thank you very much to do that.
- 14:55Speaker 2: Will we pay more for a burial plot at the
- 14:57Speaker 2: local cemetery? That's another fee? Will we pay more to
- 15:01Speaker 2: register our dogs? The options are endless. Waikato District Council
- 15:05Speaker 2: has a document setting out the fees that it wax
- 15:08Speaker 2: on ratepayers. It's forty five pages long. Four five The governments,
- 15:15Speaker 2: you know, they've done this too. They can change the
- 15:18Speaker 2: revenue levers and stop them pulling one, but they haven't
- 15:22Speaker 2: stopped them pulling the other. And actually, if you look
- 15:25Speaker 2: at it, this is exactly what the government itself has
- 15:27Speaker 2: been doing. We're seeing the rise of the fee. Twenty
- 15:31Speaker 2: twenty six will be the year of the fee, the surcharge.
- 15:35Speaker 2: The Coalition may have cut taxes, but they are also
- 15:38Speaker 2: overseeing one of the biggest hikes in fees and charges
- 15:40Speaker 2: of any government in recent history. Road user charges, user
- 15:45Speaker 2: pays road tolls, congestion chargings coming, fines are going up,
- 15:50Speaker 2: immigration fees, airport fees, you name it. If you can
- 15:54Speaker 2: name it, chances are it's heading north. It's a strategy.
- 15:58Speaker 2: The top line number comes down, but all the little
- 16:01Speaker 2: bits that they hope we won't notice go up. Councils
- 16:05Speaker 2: will be no different. Add in the water done well fee,
- 16:08Speaker 2: which is separate from this, remember, which will be massive
- 16:12Speaker 2: also in some places. And the reality is, I think
- 16:14Speaker 2: that no ratepayer will feel like they're getting a better
- 16:17Speaker 2: deal post cap band. The question is whether this is
- 16:21Speaker 2: a reason not to do it, of course, and the
- 16:23Speaker 2: answer is probably not. But it should come with tempered
- 16:27Speaker 2: expectations that we won't feel fleeced when the council emails
- 16:31Speaker 2: those pesky quarterly rates bills to us, or worse, still
- 16:35Speaker 2: charges you for sending a hard copy by.
- 16:37Speaker 1: Snale mail by.
- 16:39Speaker 2: Eight minutes after five News Talk ZVB. We'll talk to
- 16:43Speaker 2: Andrew a little about that. Actually I can tell you
- 16:45Speaker 2: because it's all about Andrew and it's all about Wellington.
- 16:47Speaker 2: The press conference yesterday, have a listened to this, think
- 16:49Speaker 2: about some.
- 16:50Speaker 9: Of the dumb stuff that's happened here in Wellington.
- 16:52Speaker 8: We've had a classic, you know, a two million.
- 16:54Speaker 10: Dollar plus public toilet block with a light show for
- 16:57Speaker 10: goodness sake, I mean we have jumped the shark at
- 16:59Speaker 10: that point in time.
- 17:00Speaker 2: The disco Lewin Wellington got a lot of attention in
- 17:02Speaker 2: the press conference. Yes, today we'll talk to Andrew Little
- 17:04Speaker 2: about that and what are they going to do with
- 17:06Speaker 2: their little sneaky fees. That's coming up before six this morning.
- 17:09Speaker 2: Leslie Yeoman is in Australia. By the way, in Australia,
- 17:13Speaker 2: they had a terrible time on the AAX, quite an
- 17:15Speaker 2: embarrassing outage. You think the UK government budget blunder was bad.
- 17:20Speaker 2: They obviously released quite sensitive information while they've had to
- 17:25Speaker 2: stop that because of an outage and it's affecting New Zealand. Two.
- 17:29Speaker 2: More on that.
- 17:29Speaker 1: Next on your radio and online on iHeartRadio Early edition
- 17:40Speaker 1: with Ryan Bridge and are the Supercenter explore are these
- 17:44Speaker 1: accessories and servicing? Paul than One News Talk said, be.
- 17:51Speaker 2: Twenty four away six on news Talk Sai'd be great
- 17:53Speaker 2: to have you on this Tuesday morning. Coming up before six,
- 17:55Speaker 2: the rates cap. How's poor old Wellington and cope without
- 17:58Speaker 2: more disco dunnies, you know, the toilets that light up
- 18:01Speaker 2: like Christmas trees. Will ask the mayor. Also, we'll go
- 18:03Speaker 2: to Australia correspondent lots to talk about the AX had
- 18:06Speaker 2: a glitch yesterday, a technical problem, and fifty companies had
- 18:10Speaker 2: to be put in a trading hole. There are sensitive information,
- 18:13Speaker 2: you know, market information that they released couldn't get out
- 18:15Speaker 2: because of this technical problem, and the investors called it
- 18:19Speaker 2: a very embarrassing mistake, one that's been plaguing them for
- 18:21Speaker 2: a while. And the big problem is that if you
- 18:23Speaker 2: had dual listed companies on the z X and the
- 18:26Speaker 2: ASEX and they were releasing information, they still have to
- 18:29Speaker 2: release it in New Zealand, but couldn't necessarily release it
- 18:33Speaker 2: in Australia. So that causes a big problem, big headache
- 18:35Speaker 2: for them. Now I told you I would give you
- 18:39Speaker 2: a little hot tip on how you can save money
- 18:42Speaker 2: on your car insurance. And this is again this has
- 18:45Speaker 2: come from Australia. It feels a little bit like we're
- 18:47Speaker 2: doing Australian news today, but here it is. So an
- 18:49Speaker 2: Aussie driver gets finds a bit of a loophole, goes
- 18:53Speaker 2: for insurance with NRMA, which is an insurance company over there,
- 18:57Speaker 2: and just for fun, techs this guy's ben is twenty
- 19:00Speaker 2: two years old, puts his details in and just for fun,
- 19:04Speaker 2: just to see what happens, ticks non binary instead of
- 19:07Speaker 2: mail when it comes to gender, and the car insurance
- 19:11Speaker 2: quote drops by eight hundred bucks a year if you
- 19:14Speaker 2: tick the non binary box. So the question is our
- 19:17Speaker 2: non binary driver is safer and the answer is, well,
- 19:20Speaker 2: there's no evidence to say that they are or they aren't.
- 19:25Speaker 2: This is interesting because then a radio station picks it
- 19:28Speaker 2: up over there two GBBN Fordham and Sydney and says, look,
- 19:31Speaker 2: this is a bit ridiculous, asks the insurance company, and
- 19:35Speaker 2: they say, well, it's not discrimination against males or because
- 19:39Speaker 2: it's also non binary cheaper than female. So the non
- 19:42Speaker 2: binary was cheaper than male and female drivers. They say,
- 19:45Speaker 2: we're not discriminating against anybody, it's just our policies. So
- 19:49Speaker 2: you'd pay two and a half grand for a male,
- 19:52Speaker 2: you pay two thousand odds for a female, and you'd
- 19:54Speaker 2: pay seventeen hundred bucks for a non binary. How does
- 19:58Speaker 2: that work? They say, we consider there are a number
- 20:00Speaker 2: of factors when determining the premium for car insurance. Okay,
- 20:04Speaker 2: there you go. So next time you're taking boxes and
- 20:07Speaker 2: you're paying for stuff, who's to know? Crayan Bridge twenty
- 20:11Speaker 2: two away from six our reporters now come and Toned
- 20:14Speaker 2: and Collen. Good morning wedding. Right you've got to clean
- 20:17Speaker 2: up commitment at t y point.
- 20:20Speaker 7: Yeah, that's right. So Rio Tinto is putting fifteen million
- 20:23Speaker 7: dollars into its new facility or a new facility that
- 20:27Speaker 7: will process spent cell liner. This is the hazardous by
- 20:30Speaker 7: product of aluminium production there. So this marks a bit
- 20:33Speaker 7: of a major milestone in their cleanup commitments. Remember Rio
- 20:37Speaker 7: Tinto's twenty twenty one apology over how smelter waste was managed.
- 20:41Speaker 7: The acting general manager, Matt Blax told the ODT here
- 20:44Speaker 7: processing the material on site is a milestone for.
- 20:47Speaker 2: Them delivering on their remediation commitments.
- 20:49Speaker 7: He says it means less waste, better environmental outcomes, and
- 20:52Speaker 7: say for handling the projects expected to create twenty construction
- 20:56Speaker 7: jobs and six permanent roles.
- 20:58Speaker 2: All right, how's your weather.
- 21:00Speaker 7: It's a weekday here today, rain the shells this afternoon,
- 21:03Speaker 7: some possibly heavy the high fifty.
- 21:05Speaker 2: Thank you by the way. Over in the UK, the
- 21:07Speaker 2: Office of Budget Responsibility Chair has just resigned over that
- 21:11Speaker 2: blunder with the budget. Clear Shewoard in christ Church. Clear,
- 21:14Speaker 2: good morning, Good morning. So speaking of blunders, a couple
- 21:17Speaker 2: of dodgy school lunches, is anyone sick?
- 21:20Speaker 11: Oh?
- 21:20Speaker 12: A couple of dodgy school lunches. Some dodgy school lunches
- 21:24Speaker 12: indeed handed out at Highata Community Campus yesterday, Ryan. This
- 21:28Speaker 12: is the school that was previously known as Danui Hi.
- 21:30Speaker 12: For those who are wondering, basically what happened is the
- 21:34Speaker 12: school lunches arrived, they were boxed up, they were handed
- 21:36Speaker 12: out to kids who then went and sat down. It
- 21:38Speaker 12: was a teacher who then went to tuck into one
- 21:40Speaker 12: of the leftovers, remembering that the government wants the leftovers eaten,
- 21:43Speaker 12: and they found that it was furry with mild It
- 21:46Speaker 12: was liquefied and many children had already consumed this by
- 21:50Speaker 12: the time the school called them back. Now, while the principal,
- 21:53Speaker 12: Peeky Burrow, says they have had issues with lunches before,
- 21:56Speaker 12: she describes this as catastrophic, totally unacceptable. It says they
- 22:00Speaker 12: have no six children at the moment, but they are
- 22:03Speaker 12: watching and sending warnings home to families about the signs
- 22:07Speaker 12: of food poisoning. The school Lunch Collective says it's now
- 22:10Speaker 12: working with High UNTA and the MPI following this incident.
- 22:13Speaker 12: It says it takes pride in food quality and knows
- 22:16Speaker 12: this is something that can't be compromised. It will provide
- 22:19Speaker 12: more details as they come to hand.
- 22:21Speaker 2: Did she really describe it as catastrophic?
- 22:23Speaker 12: She said catastrophic indeed, But no one's sick yet.
- 22:27Speaker 2: But it's not yet, all right. How's the weather?
- 22:30Speaker 12: First I of the cricket at Hagley Oval and we're
- 22:32Speaker 12: hoping that scattered rain will be minimal if anything. Easterly
- 22:36Speaker 12: is turning southwest and a high of twenty.
- 22:38Speaker 2: Brilliant, Thank you, Clear Max and Wellington Morning Max Morning.
- 22:41Speaker 2: The pull up record being set by a council staffer.
- 22:44Speaker 13: Yeah, so a bit of a heartwarming story here. You
- 22:47Speaker 13: wouldn't have pegged the Wellington City Council team manager as
- 22:50Speaker 13: a potential world record holder fitness freak, but yeah, Josh
- 22:54Speaker 13: Harding decided at the start of the year he wanted
- 22:56Speaker 13: to beat four thousand odd pull ups in seventeen hours.
- 23:00Speaker 13: Pull Ups, I'm sure everyone knows what they are. You
- 23:01Speaker 13: grab a horizontal bar above your head and lift up
- 23:04Speaker 13: and down. So at his local gym at Potty Doo,
- 23:07Speaker 13: he set about to the task of the weekend. His
- 23:11Speaker 13: goal was sort of get through the first two thousand
- 23:14Speaker 13: or so by doing one every five seconds, and then
- 23:17Speaker 13: naturally slowed down a little bit, got a little tougher,
- 23:19Speaker 13: a little tougher. This is a guy who gets up
- 23:21Speaker 13: at four am to do three hours of this stuff
- 23:23Speaker 13: in the morning before work the gym again seven pm
- 23:27Speaker 13: till eleven. Not every day. I'm sure he has a
- 23:29Speaker 13: seven year old son. Anyway, over the weekend, the forty
- 23:32Speaker 13: one year old five am till nine pm, he did
- 23:34Speaker 13: manage the target in fifteen and a half hours, four
- 23:37Speaker 13: thousand pull ups. His son was there, his girlfriend apparently
- 23:40Speaker 13: he almost fainted later. Now he only has vague memories
- 23:43Speaker 13: of the day, like he was really drunk or something.
- 23:46Speaker 13: His whole body went numb. Anyway, he's raised thousands for November.
- 23:50Speaker 13: No plans though to repeat the record or the top.
- 23:53Speaker 2: It good on him, I thought when I saw the photo,
- 23:55Speaker 2: because I looked at the photo of him, and I thought,
- 23:57Speaker 2: I think she thought he would have been more ripped.
- 23:58Speaker 13: To be honest, a disappointing physique.
- 24:03Speaker 2: Hey how's your weather clearing to find strong northerlies? Nineteen
- 24:07Speaker 2: thank you and Neva's good morning, Neva.
- 24:09Speaker 6: Grape mind thinker like I didn't see that photo, and
- 24:12Speaker 6: as Mix was telling the story, I thought, this guy
- 24:15Speaker 6: must be ripped.
- 24:15Speaker 2: And Adonis, you were passing. Now, good on in those
- 24:19Speaker 2: raise some money for amazing, isn't it? It is? But
- 24:22Speaker 2: imagine spending three hours every morning, I mean, no one
- 24:24Speaker 2: of the council workers get nothing done, no exhausted.
- 24:27Speaker 6: You should be listening to us. And could he stop
- 24:29Speaker 6: for breakes to eat or not?
- 24:30Speaker 8: Really?
- 24:31Speaker 1: You know he did?
- 24:31Speaker 2: He did. He had stopped and carbo loaded and had
- 24:34Speaker 2: some sugar and stuff like that. Hey in Auckland there
- 24:38Speaker 2: seven point nine rates rise next year.
- 24:41Speaker 6: Yeah, so this would re united.
- 24:44Speaker 2: Yell for a train we won't use.
- 24:45Speaker 6: That's right there, five point five billion dollar city rail
- 24:48Speaker 6: link when it opens with passengers. And remember last week
- 24:51Speaker 6: when they said that it's not it's going to be opening.
- 24:53Speaker 6: You know later we knew that would happen, like in
- 24:56Speaker 6: the second half of the year. I thought, shivers, we
- 24:58Speaker 6: won't even be around.
- 24:59Speaker 1: Will we.
- 24:59Speaker 6: So the increase will cover the two hundred and thirty
- 25:01Speaker 6: five million dollar operating cost of this rail service underground
- 25:05Speaker 6: rail service. And this is the largest rate rise since
- 25:08Speaker 6: Aalkland Council was formed in twenty ten. So this means
- 25:11Speaker 6: that the annual rates for the average household there go
- 25:14Speaker 6: to climb from around four thousand dollars to more than
- 25:17Speaker 6: four thousand, three hundred, so it's the weekly cost of
- 25:19Speaker 6: eighty three dollars and then after next year rates is
- 25:23Speaker 6: set to rise by three point five percent each year.
- 25:25Speaker 6: As we know, how's our Christmas?
- 25:27Speaker 2: Merry Christmas? How's our weather?
- 25:28Speaker 6: Never butley cloudy shower is possibly heavy? What else could
- 25:31Speaker 6: go right for us? I have twenty five though, thank you.
- 25:35Speaker 2: Sixteen away from Sex News Talk SEB Morning.
- 25:38Speaker 1: Ryan.
- 25:38Speaker 2: My theory on house prices this is on the council
- 25:41Speaker 2: rating is that they will just change the way so
- 25:44Speaker 2: they can't cap the increase. They'll just change the way
- 25:46Speaker 2: that they charge you. They'll increase your values and get
- 25:49Speaker 2: you that way. That's a question for the government this morning,
- 25:52Speaker 2: isn't it. It's sixteen to two Sex News Talk SEBB
- 25:55Speaker 2: thirteen to six. We'll get to Andrew Little on the
- 25:57Speaker 2: rates cap in just a second. But a little update
- 26:00Speaker 2: for you. This is the Centrics credit indicator and sow
- 26:03Speaker 2: some encouraging signs. This is for November. We are as
- 26:06Speaker 2: consumers demanding more credit. That means we're going to spend more.
- 26:10Speaker 2: That is a good thing. So consumer credit demand is
- 26:13Speaker 2: up four point eight percent year on year. Personal loan
- 26:16Speaker 2: demand is up. This is ahead of Black Friday as well.
- 26:19Speaker 2: New household lending up thirteen point two percent year on year.
- 26:23Speaker 2: Consumer arears that is trending in the right direction. Only
- 26:26Speaker 2: eleven point eighty three percent of the credit active population
- 26:30Speaker 2: in areas. That is the lowest level in two years.
- 26:33Speaker 2: The only thing to watch here as company liquidations. They
- 26:36Speaker 2: are up. In fact that October was the highest monthly
- 26:40Speaker 2: number of liquidation since twenty eleven. That is always one
- 26:44Speaker 2: of the lagging indicators, isn't It's thirteen away from.
- 26:46Speaker 1: Six International correspondence with ends and eye insurance, peace of
- 26:51Speaker 1: mind for New Zealand business.
- 26:53Speaker 2: There's the yeomens Our Australia correspondent joins us this morning, Lizida,
- 26:56Speaker 2: Good morning, morning Ryan. Four people arrested in Sydney. This
- 27:01Speaker 2: is a accused of being involved in a satanic child
- 27:05Speaker 2: six abuse ring.
- 27:07Speaker 14: Yeah, really unpleasant story. These four people, including a former
- 27:12Speaker 14: swim coach and another person who describes himself as an
- 27:16Speaker 14: independent journalist. They were arrested across Sydney late last week.
- 27:23Speaker 14: They've appeared in jail in court rather and are in
- 27:27Speaker 14: prison awaiting a trial in January when they'll next appear.
- 27:32Speaker 14: Now what happened was they're accused of having this material
- 27:37Speaker 14: and distributing it, but they're not actually accused of making
- 27:42Speaker 14: it or producing it. Three of the people are aged
- 27:45Speaker 14: between thirty nine and forty six. The fourth one who
- 27:48Speaker 14: describes himself as a journalist, he's a twenty six year
- 27:52Speaker 14: old man by the name of Landon Graminata Mills, and
- 27:56Speaker 14: he's said to be the leader of this group. His
- 28:01Speaker 14: basically his media or website is called the Underground Media Network.
- 28:08Speaker 14: Now I've never heard about it, and I think a
- 28:10Speaker 14: lot of other people haven't, but he's the one that's
- 28:14Speaker 14: been accused of being the leader of this group and
- 28:18Speaker 14: of distributing and disseminating this very unpleasant material.
- 28:23Speaker 2: That's horrific. Leslie, thanks for that update, Leslie Yeomans, who's
- 28:27Speaker 2: our Australia correspondent. It is eleven away.
- 28:29Speaker 1: From six Bryan Bridge.
- 28:31Speaker 2: No more discolues for Wellington or any council. Actually this
- 28:35Speaker 2: is what's the rates cap is coming.
- 28:37Speaker 10: I want to be clear with counsels that they should
- 28:41Speaker 10: not wait for the enactment of the rates capping model
- 28:45Speaker 10: before controlling rates increases to their constituents.
- 28:49Speaker 2: The band two to four percent unless you get sign
- 28:51Speaker 2: off from a government regulator not included water and other fees.
- 28:55Speaker 2: Andrew Little, as the Wellington mayor joining us this morning,
- 28:57Speaker 2: Good morning Andrew, no more disco lose in the future.
- 29:02Speaker 2: Will you live with that?
- 29:05Speaker 11: I thought, well, right now our council is doing the
- 29:09Speaker 11: very thing, and the government talked about the line by
- 29:11Speaker 11: line review. We're inter the city Council, no doubt, like
- 29:14Speaker 11: many others, has to get its financial controls in order
- 29:19Speaker 11: and getting spending under control, and that's what we're doing.
- 29:21Speaker 11: But in terms of the specialized disabled toilets in Courtney Place,
- 29:27Speaker 11: there's a facility that is aimed at providing a facility
- 29:32Speaker 11: for some of the most profoundly disabled people who do
- 29:34Speaker 11: go to Courtney Plass occasionally.
- 29:36Speaker 2: So your the cost is this whole thing just misnoma
- 29:40Speaker 2: that the cost of it, how much of it was
- 29:42Speaker 2: on the lights and the design as opposed to practical
- 29:45Speaker 2: things like disability access.
- 29:48Speaker 11: Look, I don't know, I wasn't involved in the project.
- 29:50Speaker 11: I've inherited it. It's there now. But two things that
- 29:54Speaker 11: they were it was aimed to do when was more
- 29:57Speaker 11: secure toilets because the ones that were there previously we're
- 30:00Speaker 11: the scene of Well it was pretty insecure, pretty unsafe,
- 30:05Speaker 11: but also a facility for particularly highly a mobile and
- 30:09Speaker 11: disabled people to get extraitute that one of the toilets
- 30:12Speaker 11: got a hoist in it, another toilet's got a shower
- 30:14Speaker 11: in it when accidents happened. So it provides those facilities
- 30:19Speaker 11: very expensive. That is correct, And I don't know why
- 30:21Speaker 11: it's got the light show on the front of it,
- 30:22Speaker 11: but that's what the previous council approved.
- 30:25Speaker 2: Will there be no more light shows under Andrew level?
- 30:29Speaker 11: Well, we're cutting spending and we'll do It's not a no.
- 30:34Speaker 2: There's not a no.
- 30:36Speaker 11: Come on, We're not putting light shows on toilet all right?
- 30:39Speaker 2: Very good and is two to four percent reasonable.
- 30:43Speaker 11: The problem with things like that is a lot of
- 30:47Speaker 11: a lot of the rates increases in the last few
- 30:49Speaker 11: years have been because of decades of underspending or under
- 30:55Speaker 11: waiting residents to look after infrastructure. Sits under the ground
- 31:01Speaker 11: and that's reality Wellington to the chuncil's borrowed to do
- 31:03Speaker 11: a lot of infrastructure, infrastructure upgrades. The reality a lot
- 31:06Speaker 11: of that is water that gets shifted off to water
- 31:09Speaker 11: entities don not covered by the restriction. So I'll see
- 31:12Speaker 11: that how that happens. I think that the main thing
- 31:14Speaker 11: is what the governments tapped into is a justified consume
- 31:17Speaker 11: with a lot of people seeing their rates going up
- 31:20Speaker 11: at an astronomical rate at the same time as only
- 31:23Speaker 11: costs as well about rates for counselors. That should do
- 31:27Speaker 11: a bit of job at keeping the spinning out of control,
- 31:29Speaker 11: and we need to do that, isn't that Christopher?
- 31:30Speaker 2: All right? We will see how you go. Andrew little
- 31:32Speaker 2: Wellington Mere. It is eight six News Talk sad been.
- 31:36Speaker 1: Views and Views you trust to start your day. It's
- 31:39Speaker 1: early in this ship with Ryan Bridge and are the
- 31:42Speaker 1: super Center explore are these accessories and servicing fall and
- 31:46Speaker 1: one news talks.
- 31:47Speaker 2: That'd be it's the six News Talks. He'd be Mike
- 31:49Speaker 2: in the studio for your Tuesday morning morning. Mike, Greetings
- 31:52Speaker 2: to you.
- 31:52Speaker 11: Ryan.
- 31:53Speaker 2: Do you think that people will feel like they're not
- 31:55Speaker 2: being fleeced by counsels because there's a rates band cap coming.
- 32:00Speaker 15: Surprised a bit ever happens to be honest with you,
- 32:02Speaker 15: because with something that's announced yesterday, this government has got
- 32:05Speaker 15: a pretty election for announcing things that are a little
- 32:08Speaker 15: bit further down the track than you might actually want.
- 32:10Speaker 15: So the foreign buyer thing, I don't think most people
- 32:13Speaker 15: understood that when they announced that that legislation isn't coming
- 32:16Speaker 15: to pass until next year. So this isn't coming until
- 32:19Speaker 15: twenty twenty nine. Yes, so think about that. That's two
- 32:22Speaker 15: elections away. So they've got to win next year and
- 32:25Speaker 15: they got to win the following one. So I mean really,
- 32:27Speaker 15: and we already know that labor aren't So would you
- 32:30Speaker 15: say this is a government that's good for three terms? Possibly?
- 32:34Speaker 15: And I suppose one of those things that once you
- 32:35Speaker 15: get it and you probably never go back.
- 32:37Speaker 2: No, you wouldn't, because it's popular.
- 32:40Speaker 15: Yeah, but this idea that old old watsae yesterday was
- 32:43Speaker 15: going and I want you to start straight away not
- 32:46Speaker 15: putting it.
- 32:46Speaker 2: And I thought, mate, come on, well, within hours, Wayne
- 32:49Speaker 2: Brown comes out with almost eight percent.
- 32:50Speaker 15: It's not going to work and so that's it, you know,
- 32:52Speaker 15: So you got this pushback thing it's kind of interesting
- 32:54Speaker 15: with the schools at the moment you see thety thing
- 32:57Speaker 15: and all the schools are going, well, you can say
- 32:58Speaker 15: whatever you want, we're not going to do it, and
- 33:00Speaker 15: you'll get the same with councils until they're forced into it.
- 33:02Speaker 2: Same with the bureaucrats.
- 33:03Speaker 15: And the aspect of it is that we don't care
- 33:06Speaker 15: about local body politics. We don't turn up. We've just
- 33:08Speaker 15: had an election, no and turned up. No one can
- 33:10Speaker 15: be involved.
- 33:10Speaker 2: So it's I just think there's so many other levers
- 33:13Speaker 2: they can pull that you can cap them on their
- 33:15Speaker 2: general rates, but then they'll just go, don't do the water,
- 33:18Speaker 2: they'll do the fees. Your dog, Red Joe.
- 33:20Speaker 15: Yeah, to be fair to that, that's a that's more
- 33:23Speaker 15: a classic National Party type operation, which is you use
- 33:26Speaker 15: a pay so you'll pay more for your dog if
- 33:28Speaker 15: you've got a dog, and you know so if you
- 33:29Speaker 15: don't have a dog, you'll have two to four percent
- 33:31Speaker 15: rates caps. So look, well we'll talk to the minister
- 33:33Speaker 15: about that this morning. But to be perfect the Frank,
- 33:35Speaker 15: I'm more interested in the netball coup you heard about
- 33:37Speaker 15: the Yes I have the zones The zones are angry,
- 33:40Speaker 15: are turning on turning Old Jenny and Jenny and the boats,
- 33:44Speaker 15: so we'll talk about that as well. And David Williams,
- 33:46Speaker 15: by the way, you love.
- 33:49Speaker 2: You've had him on quite a lot, but he's a regular.
- 33:52Speaker 2: Is he in the country or is he on the line?
- 33:54Speaker 2: Down the line?
- 33:54Speaker 15: Bring them at home. We'll give him a call after eight.
- 33:57Speaker 2: Brilliant, great day everyone, See tomorrow.
- 34:04Speaker 1: Time flies along. Been twice for more from early edition
- 34:09Speaker 1: with Ryan Bridge. Listen live to News Talks it be
- 34:12Speaker 1: from five am weekdays, or follow the podcast on iHeartRadio.