Latest / Early Edition with Ryan Bridge / Full Show Podcast: 11 February 2026

Transcript

Full Show Podcast: 11 February 2026 · Early Edition with Ryan Bridge

• 0:01
  Speaker 1: The issues, the interviews and the insight. Ryan Bridge on
• 0:05
  Speaker 1: earlier show with one roof Love where you Live News Talk,
• 0:09
  Speaker 1: sa'd be good.
• 0:10
  Speaker 2: Morning, just gone six half for five. Great to have
• 0:12
  Speaker 2: your company. We will look before six o'clock the India FDA.
• 0:15
  Speaker 2: This after my interview with the Trade Minister yesterday. Some
• 0:18
  Speaker 2: clarification around the student numbers that Winston's been worried about
• 0:22
  Speaker 2: the Olympic medals apparently over in Italy a breaking. We'll
• 0:26
  Speaker 2: speak to our Corey Mike Pierce about that. Goldie is
• 0:29
  Speaker 2: hit the fog cannon on the retail crime group. Is
• 0:32
  Speaker 2: that a victim of its own success at Sunny Claims?
• 0:35
  Speaker 2: And we'll go to the US on this minerals deal,
• 0:38
  Speaker 2: talk of a mineral's deal. All ahead.
• 0:43
  Speaker 1: The agenda.
• 0:47
  Speaker 2: It is Wednesday, it is the eleventh of February, and
• 0:50
  Speaker 2: it is great to be with you this morning. Let's
• 0:53
  Speaker 2: go to the UK Starma and he's going to hold
• 0:56
  Speaker 2: on to his job. According to Starma.
• 0:59
  Speaker 3: Whatever's go again. The termile of politics. There's been quite
• 1:02
  Speaker 3: a lot of that going on in the last few days.
• 1:05
  Speaker 3: I know that for you and for millions of people,
• 1:10
  Speaker 3: what matches most is the possibilyit, but I also know
• 1:13
  Speaker 3: it's the most important issue that we must spoke us
• 1:15
  Speaker 3: on because I know what I'm fighting for and who
• 1:20
  Speaker 3: I'm fighting for.
• 1:22
  Speaker 2: That's what the poles are telling me, right, Cabinet Minister's
• 1:24
  Speaker 2: a rallying random as.
• 1:25
  Speaker 4: A collective body, the Cabinet, the Labor Party looked at
• 1:31
  Speaker 4: the alternatives of going down this road of a chaotic
• 1:35
  Speaker 4: leadership election trying to depose the Prime Minister, and they said, no,
• 1:38
  Speaker 4: that's not for us.
• 1:39
  Speaker 2: We expect change, and he's promised to give that change
• 1:42
  Speaker 2: now to the USD. Today's show host Evanna gathries she's
• 1:45
  Speaker 2: got a new video about pleading for information about her mum, Nancy,
• 1:49
  Speaker 2: who's still missing. We're entering the tenth day.
• 1:52
  Speaker 5: No matter where you are, even if you're far from Tucson,
• 1:55
  Speaker 5: if you see anything, hear anything, if there's anything at
• 1:58
  Speaker 5: all that strange to you that you report to law enforcement,
• 2:03
  Speaker 5: we are an hour of desperation and.
• 2:06
  Speaker 2: We need to drop this trial in La of where
• 2:08
  Speaker 2: the social media is addictive has begun. Instagram and YouTube
• 2:11
  Speaker 2: are being accused of creating addiction machines.
• 2:14
  Speaker 6: The crux of the plaintiffs allegations are that Big Tech
• 2:18
  Speaker 6: was aware of the harm of their products, but they
• 2:21
  Speaker 6: continued to pursue profit over children and they understood it
• 2:25
  Speaker 6: as a cost of doing business that some children would
• 2:28
  Speaker 6: be harmed by their products.
• 2:30
  Speaker 2: Duckerberg and other top bosses will be grilled later on
• 2:32
  Speaker 2: in the trial.
• 2:34
  Speaker 1: Views and Views You Trust. To start your day, It's
• 2:37
  Speaker 1: early edition with Brian Bridge and one roof Love where
• 2:42
  Speaker 1: you Live News Talks.
• 2:43
  Speaker 2: That'd be nine after five nine two nine two is
• 2:46
  Speaker 2: the number to text the number of overseas students in
• 2:48
  Speaker 2: New Zealand. This is good news this morning. I'd like
• 2:51
  Speaker 2: to start with a bit of good news at the moment,
• 2:52
  Speaker 2: don't I, because I think we need it. We could
• 2:55
  Speaker 2: use it start the year off in a good way.
• 2:57
  Speaker 2: The number of overseas students here for the month of
• 3:01
  Speaker 2: January is the highest it has ever been for the
• 3:04
  Speaker 2: month of January, so basically the highest at this time
• 3:06
  Speaker 2: of year that we've ever had in our country's history.
• 3:09
  Speaker 2: So great, seventy six thousand student visas at the moment. However,
• 3:14
  Speaker 2: if you break down, because remember we were trying to
• 3:16
  Speaker 2: get the numbers back after COVID up thirteen percent on
• 3:20
  Speaker 2: last year, which again is good, but the type of
• 3:23
  Speaker 2: student that is here has changed. More kids going to
• 3:26
  Speaker 2: secondary school and fewer of them going to university. So
• 3:29
  Speaker 2: basically we have younger students in the country making up
• 3:32
  Speaker 2: these numbers, and the older ones are better for the
• 3:35
  Speaker 2: economy because they spend more while they're here. And also
• 3:39
  Speaker 2: the younger ones are obviously usually boarding at somebody's house
• 3:43
  Speaker 2: rather than renting a house, which might explain why even
• 3:45
  Speaker 2: though you get an increase in student numbers and you think, wow,
• 3:48
  Speaker 2: it must be great for my investment property that I
• 3:52
  Speaker 2: have done in Dunedin or whatever. Not necessarily it's about
• 3:56
  Speaker 2: the type of student that's here. But to be getting
• 3:59
  Speaker 2: the numbers better just in general is a good thing
• 4:02
  Speaker 2: and something that should be celebrated. Ten after five, Ryan Bridge,
• 4:06
  Speaker 2: I want to spend a bit of time with Harvey
• 4:07
  Speaker 2: k He's the US Critical Minerals Executive. He's the chairman
• 4:11
  Speaker 2: there looks after a Sheep Creek deposit in Montana, and
• 4:16
  Speaker 2: he is fighting, along with a bunch of other Americans,
• 4:19
  Speaker 2: are fighting for critical and rare earth mineral sovereignty. They
• 4:23
  Speaker 2: want about to look after themselves and stick it to China.
• 4:27
  Speaker 2: And we're going to be part of that solution for them.
• 4:29
  Speaker 2: We'll speak to him next.
• 4:31
  Speaker 1: The News you Need this morning and the in depth
• 4:33
  Speaker 1: Analysis early edition with Ryan Bridge and One Room Love
• 4:38
  Speaker 1: Where You Live News Talks at.
• 4:39
  Speaker 2: Me five point thirteen. Great to have your company this morning.
• 4:43
  Speaker 2: Across the Tasman, the house prices have had a fifteen
• 4:46
  Speaker 2: year high. You know when Chloe and the Greens and
• 4:49
  Speaker 2: they all say, oh, look, life is so much better
• 4:51
  Speaker 2: in Australia and everyone's moving to Australia. The economy is
• 4:55
  Speaker 2: doing so much better over there. Why can't we be
• 4:57
  Speaker 2: more like Australia? Do you really want to be more
• 4:59
  Speaker 2: like Australia, particularly when their house price sentiment is just
• 5:04
  Speaker 2: had a new low because the prices are way too high. Bridge, right,
• 5:08
  Speaker 2: everyone knows that China, well, they had America by over
• 5:12
  Speaker 2: a barrel when it comes to rear Earth's with holding
• 5:15
  Speaker 2: them was one of the Beijing's most effective weapons against
• 5:17
  Speaker 2: Trump's tariffs. The Americans use them in cars, healthcare, electronics,
• 5:21
  Speaker 2: whole bunch of stuff the world does. New Zealand is
• 5:24
  Speaker 2: looking at a framework to sell some of ours to Washington.
• 5:27
  Speaker 2: Harvey k is executive chairman at US Critical Minerals, which
• 5:31
  Speaker 2: is a privately owned rare earth company, and he joins
• 5:35
  Speaker 2: me on the show this morning. Harvey, welcome, Thank you, Brian.
• 5:38
  Speaker 7: It is a pleasure to be here. And actually it's
• 5:42
  Speaker 7: us critical materials as opposed to minerals. Just want to
• 5:47
  Speaker 7: get that straight. So you have basically made my opening speech,
• 5:52
  Speaker 7: because the reality of it is is that the geopolitical
• 5:56
  Speaker 7: aspects of this are about fifteen years in the making.
• 6:00
  Speaker 7: And what that means is is that fifteen years ago,
• 6:04
  Speaker 7: basically the Chinese made the statement that the Middle East
• 6:09
  Speaker 7: has oil, we have rare earths, and of course we
• 6:13
  Speaker 7: didn't quite understand the implications of that many many years ago.
• 6:17
  Speaker 7: It has now come home to roost, and just as
• 6:20
  Speaker 7: you've said, it has now become a geopolitical weapon. It
• 6:25
  Speaker 7: has been in effect in a long term strategy for
• 6:28
  Speaker 7: a long time, particularly Africa other parts of the world
• 6:34
  Speaker 7: where even if they have rare earths, the weapon that
• 6:37
  Speaker 7: the Chinese use is processing, and the processing that they
• 6:42
  Speaker 7: have developed in which they controlled ninety eight percent of
• 6:46
  Speaker 7: the world's capability of processing. It is old, environmentally dangerous
• 6:52
  Speaker 7: and it just is what it is. And so about
• 6:57
  Speaker 7: three or four years ago, starting at the end of
• 7:00
  Speaker 7: the Biden administration and then accelerating with the Trump administration. Okay,
• 7:06
  Speaker 7: the United States realized, just as you have pointed out,
• 7:10
  Speaker 7: that we are in effect not only over a barrel,
• 7:14
  Speaker 7: but the Chinese have their knee on our neck, and
• 7:17
  Speaker 7: that is not acceptable. The reason is not acceptable is
• 7:20
  Speaker 7: because the future of innovation in every area of human development,
• 7:26
  Speaker 7: from medicine to defense to artificial intelligence, is dependent upon
• 7:34
  Speaker 7: having a ready supply of the rare earth. In particular,
• 7:40
  Speaker 7: this country has decided, with a number of executive orders
• 7:45
  Speaker 7: and a number of moves, so to speak, to accomplish
• 7:51
  Speaker 7: a couple of different things, one of which is to
• 7:54
  Speaker 7: accelerate permitting, the other of which is to supply a
• 7:59
  Speaker 7: guaranteed floor price one of the commodities that come out
• 8:03
  Speaker 7: of the ground, because many years ago, what the Chinese
• 8:06
  Speaker 7: did is they flooded the market and they killed off
• 8:10
  Speaker 7: the new companies that were trying to develop. And you know,
• 8:14
  Speaker 7: once burned, you know you've learned the lesson, and the
• 8:17
  Speaker 7: lesson is you need to support the price floors of
• 8:21
  Speaker 7: these critical minerals and rare earths. To that end, I
• 8:25
  Speaker 7: hope you don't mind me just kind.
• 8:27
  Speaker 2: Of going on the way into it keep going Okay, good,
• 8:30
  Speaker 2: thank you.
• 8:31
  Speaker 7: So to that end, what you saw in the news
• 8:36
  Speaker 7: the other day was an announcement of something called the Vault.
• 8:41
  Speaker 2: And what the.
• 8:42
  Speaker 7: Purpose of the vault is is to try to put
• 8:46
  Speaker 7: together a collaboration, a consortium if you will, of rare
• 8:52
  Speaker 7: earth deposits the guarantee floor for those minerals and an
• 8:59
  Speaker 7: understanding of process. What we have done is we've adopted
• 9:04
  Speaker 7: a little bit of a phrase at US Critical Materials,
• 9:07
  Speaker 7: and that phrase is that we have the keys through
• 9:11
  Speaker 7: the vault, which I like saying because it kind of rhymes.
• 9:15
  Speaker 7: But the reason I say that is we have the
• 9:20
  Speaker 7: richest deposit of rare earths ever found in America. As
• 9:24
  Speaker 7: you pointed out, Sheep Creek, Montana, with three hundred and
• 9:28
  Speaker 7: thirty six claims covering eleven square miles represents the richest
• 9:35
  Speaker 7: deposit of rare earths ever found in America. We average
• 9:40
  Speaker 7: nine percent total rare earth, and to give you a comparison,
• 9:45
  Speaker 7: Mountain Pants has four or five US rare earth has
• 9:49
  Speaker 7: one percent. But most importantly what we have are the
• 9:54
  Speaker 7: heavy rare earths, and we also have an extremely rich
• 9:59
  Speaker 7: deposit of gallium. Gallium is a critical mineral, and it
• 10:04
  Speaker 7: is now the number one product on the government's list
• 10:11
  Speaker 7: of must acquire, primarily because there are thirty eight hundred
• 10:15
  Speaker 7: military uses of gallium alone.
• 10:19
  Speaker 2: Just what is the hardest bet? Is it finding them?
• 10:22
  Speaker 2: Is it getting them out of the ground, or is
• 10:24
  Speaker 2: it processing and refining them.
• 10:27
  Speaker 7: It's processing and refining them, and it is getting the
• 10:32
  Speaker 7: permitting done. Historically, Ryan, it has taken fifteen years to
• 10:40
  Speaker 7: do an extraction permit, whether it's mining or any other
• 10:45
  Speaker 7: important material. I did an interview about six months ago
• 10:51
  Speaker 7: with Bloomberg in China, and the question that they asked
• 10:56
  Speaker 7: me was, what makes you think that the United States,
• 11:00
  Speaker 7: where the free world, if you will, is going to
• 11:03
  Speaker 7: be able to get rid of the dependence upon China
• 11:07
  Speaker 7: in any time that makes any sense, because it takes
• 11:11
  Speaker 7: fifteen years to do that. And my answer to that
• 11:14
  Speaker 7: question was the same answer to the question that it
• 11:17
  Speaker 7: was asked to be when I testified in front of
• 11:20
  Speaker 7: Congress about six months ago. What can we do to
• 11:23
  Speaker 7: help you. You can expedite permitting, and you can create
• 11:30
  Speaker 7: a floor and have an economic floor for these products
• 11:35
  Speaker 7: in the event that the Chinese, you know, try to
• 11:38
  Speaker 7: do what they did fifteen years ago.
• 11:41
  Speaker 2: We bet we have very quickly running out of time.
• 11:43
  Speaker 2: That I want to quickly ask we New Zealand fits
• 11:46
  Speaker 2: into this.
• 11:48
  Speaker 7: That I appreciate that question very much. What we have
• 11:53
  Speaker 7: developed is an ability to utilize new technology use based
• 12:01
  Speaker 7: around artificial intelligence, to be able to assess ores that
• 12:06
  Speaker 7: come from other places, be able to match that with
• 12:11
  Speaker 7: the appropriate processes we are involved with five or six
• 12:15
  Speaker 7: of them, and then to be able to help those
• 12:17
  Speaker 7: minds negotiate off take agreements one at a time, replacing
• 12:23
  Speaker 7: the trainees.
• 12:23
  Speaker 2: Ah, Harvey, I got to Harvey. We have to leave
• 12:26
  Speaker 2: it there. This is Harvey k US critical materials in
• 12:31
  Speaker 2: the United States. As you can hear nosis stuff. Great
• 12:34
  Speaker 2: to talk to him about this. We are currently negotiating
• 12:37
  Speaker 2: a framework with the Americans about how we might get
• 12:39
  Speaker 2: some of ours out of the ground, sent there and
• 12:43
  Speaker 2: processed there. Twenty one after five.
• 12:46
  Speaker 1: The first word on the News of the Day early
• 12:48
  Speaker 1: edition with Ryan Bridge and one Root Love where you
• 12:52
  Speaker 1: Live News Talks.
• 12:53
  Speaker 2: I'd b B twenty three. We'll get to Mike Pierce
• 12:56
  Speaker 2: out of the UK. That's coming up a quarter to
• 12:58
  Speaker 2: six this morning. They reach out Crime Group. This is
• 13:00
  Speaker 2: the group the government set up to fight retail crime. Well,
• 13:03
  Speaker 2: it's been disbanded early May. It was meant to end September.
• 13:06
  Speaker 2: Goldsmith's'ys is because all the resignations that we've had you've
• 13:10
  Speaker 2: heard about those. Only two of the five members are remaining.
• 13:13
  Speaker 2: Carolyn Young quit. We spoke to her at the time
• 13:15
  Speaker 2: when she did retail and zed Carolen good morning, Hey, Jonas,
• 13:19
  Speaker 2: good thank you Sonnykschell's reckons they were so productive that
• 13:23
  Speaker 2: they could wrap early. What do you reckon?
• 13:26
  Speaker 8: Look, I think retail crime is a very complex issue
• 13:28
  Speaker 8: and you've never solved it. There's always a lot more
• 13:30
  Speaker 8: to do and a lot of different things that you
• 13:32
  Speaker 8: can look at around how you can help support retail
• 13:36
  Speaker 8: and create better environments in our community to shop. And
• 13:39
  Speaker 8: so I don't think we've solved retail crime. I think
• 13:42
  Speaker 8: there's a couple of things that might help it.
• 13:46
  Speaker 2: It's never solved, okay, But has the rate come down?
• 13:50
  Speaker 2: You know, is there any tangible evidence that anything's improved,
• 13:53
  Speaker 2: Because there's a bill of that's progressing through the House,
• 13:55
  Speaker 2: there's more changes up only coming, But is the rate
• 13:57
  Speaker 2: actually come down?
• 14:00
  Speaker 8: Not at the moment, No, we haven't seen those changes.
• 14:03
  Speaker 2: Right, So what do you make of what he's saying
• 14:05
  Speaker 2: then just bluster.
• 14:08
  Speaker 8: Well, it's an election year, isn't it. And he is
• 14:11
  Speaker 8: a candidate or has been a candidate for Labor and
• 14:13
  Speaker 8: has been a candidate for National. I'm sure he'll be
• 14:15
  Speaker 8: standing for a party again this year and we were
• 14:20
  Speaker 8: wanting to secure votes. So you have to really take
• 14:23
  Speaker 8: between what's the one of the headline news and what's
• 14:27
  Speaker 8: the actual news. So I think really understanding what are
• 14:30
  Speaker 8: the impacts of anything that's been put in place and
• 14:32
  Speaker 8: has it made a difference.
• 14:33
  Speaker 2: Which party do you reckon?
• 14:35
  Speaker 8: Carolyn, Well, you know, I'm not sure and you'd have
• 14:39
  Speaker 8: to ask Sonny. Obviously Breon would think it would be National,
• 14:42
  Speaker 8: but it could be one of the other parties as well, have.
• 14:46
  Speaker 2: Been in New Zealand. First, Carolyn will leave it there.
• 14:48
  Speaker 2: Carolyn Young Retail Ends in CEO, former member of the
• 14:51
  Speaker 2: Retail Crime Advisory Group, which will be over in May
• 14:54
  Speaker 2: twenty five. After five Newstalks, there be the early.
• 14:57
  Speaker 1: Edition full the show podcast on Ihart Radio Tell It
• 15:00
  Speaker 1: By News.
• 15:01
  Speaker 2: Talks IV five twenty seven News Talks. Labor's getting flack,
• 15:06
  Speaker 2: especially in Auckland for their capital gains tax and rightly so,
• 15:10
  Speaker 2: but National's approach, as is usually the case with center
• 15:13
  Speaker 2: right parties, is user pays. It's a way to get
• 15:16
  Speaker 2: revenue without appearing to tax grab your poor, old starving constituents.
• 15:20
  Speaker 2: Yesterday it was whacking a new tax on our power
• 15:23
  Speaker 2: bills in order to make them cheaper, we hope. Last
• 15:26
  Speaker 2: week they scraped the full driver licensed test. But then
• 15:29
  Speaker 2: NZTA comes out and says, oh, we might need to
• 15:32
  Speaker 2: increase fees for the first test and for other bits
• 15:36
  Speaker 2: to make up costs. We all pay tolls to get
• 15:39
  Speaker 2: the roads that we want. We're about to get hit
• 15:42
  Speaker 2: with congestion charging. International tourists pay a tourist tax, of course,
• 15:46
  Speaker 2: Domestic tourists pay to use dock huts. More recently, car
• 15:50
  Speaker 2: parks at peak places Wellington, you'll probably have to pay
• 15:54
  Speaker 2: some kind of targeted special rate for pumping all your
• 15:57
  Speaker 2: number twos into the cook straight now, so long as
• 16:01
  Speaker 2: this stuff is ring fenced, I prefer things are charged
• 16:04
  Speaker 2: in this way because if you don't want to use
• 16:06
  Speaker 2: a toll road, use a taxed one. You know, user
• 16:09
  Speaker 2: pays makes more sense to me. It's fairer to those
• 16:13
  Speaker 2: who use it, more importantly, to those who don't use
• 16:16
  Speaker 2: a particular good or service, But at some point your
• 16:19
  Speaker 2: household budget is hit with so many fees and charges
• 16:22
  Speaker 2: that you have to stop and ask how long this
• 16:24
  Speaker 2: can continue. It's death by a thousand cuts, and then
• 16:28
  Speaker 2: you ask, can the government cut wasteful spending elsewhere to
• 16:31
  Speaker 2: cover some of this stuff or give me back some
• 16:33
  Speaker 2: tax please that I'm currently paying handover fist. In case
• 16:38
  Speaker 2: you needed examples of that this week, Shane Jones's half
• 16:42
  Speaker 2: billion dollar slush fund would be a good place to start,
• 16:45
  Speaker 2: I would have.
• 16:46
  Speaker 1: Thought, Brian b.
• 16:48
  Speaker 2: Nine minutes after five, we'll get to Mike PARC's our
• 16:51
  Speaker 2: UK europe correspondent. We're going to talk to him about
• 16:54
  Speaker 2: By the way, congratulations to Luke Harrington who's won a
• 16:57
  Speaker 2: bronze medal at the Winter Olympics this morning. Well, we're
• 17:01
  Speaker 2: also going to talk to Mike Pears because the medals
• 17:03
  Speaker 2: that they're getting are breaking the ribbons. Not the metal itself,
• 17:06
  Speaker 2: but the ribbon that it's tied to is breaking, and
• 17:09
  Speaker 2: then presumably the meal falls off your neck. Anyway, they've
• 17:13
  Speaker 2: had that, some of the athletes have had a press conference,
• 17:15
  Speaker 2: held them up and showed their damaged ribbons. So they're
• 17:19
  Speaker 2: promising to fix all those. We'll talk to Mike Pears
• 17:21
  Speaker 2: out of the UK News Talks MB.
• 17:34
  Speaker 1: Get ahead of the headlines on early edition with Ryan
• 17:37
  Speaker 1: Bridge and one roof Love where you live. News Talks B.
• 17:42
  Speaker 2: He's from tax just back until Bay.
• 17:46
  Speaker 1: He's just stabbing railroom.
• 17:49
  Speaker 2: Twenty four away from Sex News Talks B. We'll get
• 17:51
  Speaker 2: to Mike ps Our UK you'repe correspondent in a few
• 17:54
  Speaker 2: minutes and before six will talk about the India FTA.
• 17:58
  Speaker 2: I like this text from Graham Morning Graham, Ryan, we
• 18:01
  Speaker 2: have five million people in New Zealand. We've just been
• 18:03
  Speaker 2: speaking to an American guy who runs the private minerals
• 18:07
  Speaker 2: company over there. We have five million people in New
• 18:10
  Speaker 2: Zealand probably one and a half million effective tax payers. Therefore,
• 18:14
  Speaker 2: it seems that if we want all the good stuff
• 18:16
  Speaker 2: that larger countries have, we need to open the place
• 18:19
  Speaker 2: up and use the resources that we have, or we
• 18:21
  Speaker 2: will end up with a green utopia where the ocean
• 18:24
  Speaker 2: is our sewerage disposal and we all freeze in winter.
• 18:27
  Speaker 2: Good point now that I want to talk to you
• 18:29
  Speaker 2: about mortgages. Mortgages because and it will be no surprise
• 18:32
  Speaker 2: to you, but this is fixed term numbers that have
• 18:36
  Speaker 2: come out from the Reserve Bank for December, So how
• 18:38
  Speaker 2: long do we fix for? And we're back in love
• 18:41
  Speaker 2: with the two years. So twenty three point two percent
• 18:45
  Speaker 2: of borrowing, that's more than two billion dollars of borrowing.
• 18:49
  Speaker 2: Four mortgages have gone on the two year rate. That's
• 18:51
  Speaker 2: up from ten percent in November, so a lot of
• 18:54
  Speaker 2: switching over the one year rates twenty one percent. That's
• 18:57
  Speaker 2: down slightly but floating. You won't be to have. Voting
• 19:00
  Speaker 2: went off a cliff over this period from November to December,
• 19:04
  Speaker 2: from forty seven percent of our borrowing to just twenty
• 19:07
  Speaker 2: one percent of it. So we were done playing the
• 19:10
  Speaker 2: interest rate market game. And well for now anyway.
• 19:14
  Speaker 1: Bread in the next few years.
• 19:16
  Speaker 2: Let's go to our reporters, colorm and, Toned and Cullum.
• 19:18
  Speaker 2: Good morning, morning, right, So what's going on with these
• 19:21
  Speaker 2: seal deaths on the beach?
• 19:23
  Speaker 9: Yeah, well, look, the question marks are being raised by
• 19:26
  Speaker 9: the Department of Conservation the investigating the death of at
• 19:29
  Speaker 9: least one first Seal on Zanita's Allen's Beach, and sadly,
• 19:33
  Speaker 9: human involvement is not being ruled out. Photos of these
• 19:37
  Speaker 9: dead First Seals have circulated on social media, and DOC
• 19:41
  Speaker 9: says it seems like parts of the seals may have
• 19:44
  Speaker 9: been eaten by an unknown shark species. It could have
• 19:47
  Speaker 9: been a great white. They're not sure, but they say
• 19:49
  Speaker 9: one seals body may have been tampered with before or
• 19:53
  Speaker 9: after death, noting what looks like a straight cut the
• 19:57
  Speaker 9: seals had been decapitated.
• 19:59
  Speaker 2: It's an effect.
• 20:00
  Speaker 9: It's to kill, remove or keep any part of a
• 20:02
  Speaker 9: protected species under the Wildlife Act in New Zealand, and
• 20:05
  Speaker 9: so DOC is looking further into it. All right, how's
• 20:07
  Speaker 9: your weather clearing to find? So today in Northeasterly's nineteen today,
• 20:12
  Speaker 9: Thank you Claires.
• 20:13
  Speaker 2: In christ this morning, Claire, Good morning. Takah has nearly finished.
• 20:18
  Speaker 10: Yeah, well officially, New Stalk said, being can confirm the
• 20:21
  Speaker 10: major construction part of one Enzed Stadium is now done.
• 20:25
  Speaker 10: The six hundred and eighty three million dollar project, of course,
• 20:28
  Speaker 10: will open Anzac weekend in time for Super Rugby's Super Round.
• 20:32
  Speaker 10: There are twenty five thousand permanent seats that can increase
• 20:35
  Speaker 10: to thirty thousand with some temporary seating. The project director
• 20:39
  Speaker 10: Kent Summerfield says there is still plenty of work about
• 20:42
  Speaker 10: the site, but there's now no longer the need for
• 20:44
  Speaker 10: any cranes or lifting devices. He says it's a significant
• 20:48
  Speaker 10: wind down from a constructive perspective now with just one
• 20:51
  Speaker 10: hundred workers now on site compared to four hundred at
• 20:54
  Speaker 10: the peak. He adds that operational staff will be in
• 20:57
  Speaker 10: the facility more over the next few weeks and then
• 21:00
  Speaker 10: start their stress testing of these systems ahead of kickoff.
• 21:03
  Speaker 2: All right, how's your weather fine?
• 21:05
  Speaker 10: Aside from some morning and evening cloud as southerlyast turning northeasterly,
• 21:09
  Speaker 10: and we should make twenty two degrees.
• 21:11
  Speaker 2: That's one clear. Thank you Max and Wellington Morning. Max morning,
• 21:14
  Speaker 2: you've got an update on the work they're doing at
• 21:16
  Speaker 2: More Point.
• 21:17
  Speaker 11: Yeah, this story really is the only game in town
• 21:20
  Speaker 11: at the moment. I'm afraid. Basically we've cut down on
• 21:22
  Speaker 11: this raw sewage flowing out, but we've still got partially
• 21:25
  Speaker 11: treated wastewater pouring out in abundance around the coastline. The
• 21:29
  Speaker 11: positive is there is one is that the work to
• 21:31
  Speaker 11: clean this more Point treatment plant is about ninety percent complete,
• 21:35
  Speaker 11: and when that's done you can fully look at what
• 21:37
  Speaker 11: went wrong and start fixing it. Until then, it's too
• 21:40
  Speaker 11: hazardous to go in it. Details of this an independent
• 21:44
  Speaker 11: investigation or inquiry, I imagine will be ironed out rather
• 21:47
  Speaker 11: in days than weeks or months. The bad news is
• 21:50
  Speaker 11: that there might be able to rainfecast for the end
• 21:52
  Speaker 11: of the week weekend, which would mean raw sewage around
• 21:55
  Speaker 11: the bays again, because when it rains, you can't stop it.
• 21:59
  Speaker 11: One last thing, Willington Water says it acknowledges it's basically
• 22:02
  Speaker 11: had a flood of complaints about the smell in certain areas.
• 22:06
  Speaker 11: Can't really do anything about it. I'm afraid no.
• 22:09
  Speaker 2: Okay, great. How's the weather hopefully blowing in the other direction.
• 22:13
  Speaker 11: Hopefully got a different story tomorrow. Mostly fine, northerly, serning southerly,
• 22:16
  Speaker 11: mid twenties.
• 22:17
  Speaker 2: All right, Chess Max and neighbas here in Auckland. Morning there,
• 22:20
  Speaker 2: good morning. You've got an update on this military panel
• 22:23
  Speaker 2: into a navy officer.
• 22:25
  Speaker 12: Yes, that's right now, Look, this panel will resume deliberations today. Yes,
• 22:29
  Speaker 12: you're quite right on the fate of a senior naval
• 22:31
  Speaker 12: officer accused of misconduct. Now they've pleaded not guilty. This
• 22:35
  Speaker 12: is a court martial and devenport Naval base charge with
• 22:38
  Speaker 12: an act likely to prejudice service discipline. Now this is
• 22:41
  Speaker 12: punishable by up to two years in prison. It's alleged
• 22:44
  Speaker 12: that during a twenty twenty three overseas deployment, they encouraged
• 22:48
  Speaker 12: a junior officer under their command to kiss them on
• 22:50
  Speaker 12: the cheek. They deny it happened. The defense and prosecution
• 22:53
  Speaker 12: accounts differ, so the panel's three members they must reach
• 22:57
  Speaker 12: a unanimous verdict, so they continues.
• 23:00
  Speaker 2: It's interesting because you're not allowed to say who. Obviously
• 23:02
  Speaker 2: you can't say who it is. But I noticed in
• 23:04
  Speaker 2: all the reporting it's saying they rather than he or she,
• 23:07
  Speaker 2: you know, normally, So it's all a bit strange, isn't it? Mysterious?
• 23:12
  Speaker 8: Serious?
• 23:12
  Speaker 2: All right? How's are we?
• 23:14
  Speaker 7: That?
• 23:14
  Speaker 2: Mainly?
• 23:14
  Speaker 12: Fine? Twenty seven is a high yre at organ nice.
• 23:16
  Speaker 2: One need to thank you? Where to Mike psa UK
• 23:18
  Speaker 2: europe correspondent. Next. I've said it before, I wish I'd
• 23:22
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• 23:25
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• 23:34
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• 23:37
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• 23:40
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• 23:43
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• 23:45
  Speaker 2: out what they are and then stick to them. That's
• 23:48
  Speaker 2: where money goals dot co dot nz comes in. It's
• 23:51
  Speaker 2: a hub with investing insights, kiwisaver tips, practical ways that
• 23:55
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• 23:57
  Speaker 2: Listen on the go this summer or read it when
• 24:00
  Speaker 2: it suits. And because it's created by Milford, it's credible
• 24:03
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• 24:07
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• 24:17
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• 24:20
  Speaker 2: and financial Advice Provider Disclosure Statement.
• 24:24
  Speaker 1: International correspondence with Enzi Eye Insurance Peace of Mind for
• 24:28
  Speaker 1: New Zealand Business Now UK.
• 24:30
  Speaker 2: You're a correspondent at Quarter to Sixers. Mike Pierce, Mike,
• 24:32
  Speaker 2: welcome to the show. You've got another day, another Starmer
• 24:36
  Speaker 2: update and he's saying I'm here to stay.
• 24:39
  Speaker 13: Yeah, good morning. He says he will fight on. He
• 24:41
  Speaker 13: told a meeting of his own MPs he was not
• 24:43
  Speaker 13: prepared to stand down now. Speaking publicly a short time ago,
• 24:47
  Speaker 13: he said, and this was for the first time since
• 24:49
  Speaker 13: Israel broke. He will never walk away from his mandate
• 24:52
  Speaker 13: he was given to change the country. But some of
• 24:54
  Speaker 13: his own party are still demanding he goes. His press
• 24:57
  Speaker 13: secretary and chief of staff have resigned. The leader of
• 25:00
  Speaker 13: the Labor Party in Scotland says he should stand down.
• 25:03
  Speaker 13: It was also revealed his former Deputy Prime Minister, Angela Rayner,
• 25:07
  Speaker 13: has prepared a website as part of potential leadership challenge.
• 25:12
  Speaker 13: Starmer has now won the backing though of his senior minister,
• 25:14
  Speaker 13: so I think he's safe immediately, but we'll just have
• 25:17
  Speaker 13: to wait and see public support me. While for the
• 25:19
  Speaker 13: Labour Party, he leads is just sixteen percent according to
• 25:22
  Speaker 13: a new poll, that's below all the other major parties.
• 25:25
  Speaker 13: The how, of course, is that Starmer gave Lord Manderson
• 25:28
  Speaker 13: the top job of UK ambassador in the United States.
• 25:31
  Speaker 13: That was in spite of knowing he had a relationship
• 25:33
  Speaker 13: with Jeffrey Epstein. Now, meanwhile, the King has expressed his
• 25:36
  Speaker 13: profound concern over allegations about the former Prince Andrew. Buckingham
• 25:41
  Speaker 13: Palace said the King will stand ready to support the
• 25:44
  Speaker 13: police over any claims that are made. Police are investigating
• 25:47
  Speaker 13: allegations Andrew passed on top secret government information to Epstein.
• 25:51
  Speaker 13: So this whole route continues, continues, continues.
• 25:55
  Speaker 2: What about the King of the North, Andy Burnham, as
• 25:57
  Speaker 2: he's backing Stammer, isn't he just stay in there?
• 26:02
  Speaker 13: Yeah, he's of course. You will remember he's been blocked
• 26:05
  Speaker 13: from standing in a crucial by election we have here
• 26:07
  Speaker 13: in two weeks time. I think, you know, senior leaders
• 26:11
  Speaker 13: in the party are coming to Starmer's aid for the moment,
• 26:14
  Speaker 13: but I think the real issue they face is this
• 26:17
  Speaker 13: that election is in two weeks time. All the polls
• 26:19
  Speaker 13: are saying they potentially will come last. There is very
• 26:23
  Speaker 13: little public support according to the polls for Labor at
• 26:25
  Speaker 13: the moment. And if that happens, I think that's the
• 26:28
  Speaker 13: next really danger point for Starmer. People don't vote for
• 26:31
  Speaker 13: the party. What happens then will there be a new
• 26:33
  Speaker 13: cause for him to stand down and then we could
• 26:36
  Speaker 13: perhaps see a leadership challenge.
• 26:38
  Speaker 2: Gotcha?
• 26:38
  Speaker 7: Now?
• 26:38
  Speaker 2: The Meddles controversy at the Olympics that's going on.
• 26:42
  Speaker 13: Yeah, well this is an interesting one, okay. So now
• 26:45
  Speaker 13: organizers have been forced to apologize to some athletes after
• 26:48
  Speaker 13: believe it or not, their medals broke. Issue seems to
• 26:51
  Speaker 13: be the ribven they put around their neck is coming
• 26:53
  Speaker 13: away from the actual medal. So the fixing that holds
• 26:56
  Speaker 13: it all together, it seems, well, just isn't fixing. A
• 26:59
  Speaker 13: number of willers had problems and complained. The issue came
• 27:02
  Speaker 13: to light at a press conference where abtholetes held up
• 27:04
  Speaker 13: their medals that were broken, and investigation is underway to
• 27:07
  Speaker 13: find out what's gone wrong.
• 27:09
  Speaker 14: Now.
• 27:09
  Speaker 13: Organizers say it's the last thing they want. They say
• 27:12
  Speaker 13: everything must and will be perfect in the end, So
• 27:14
  Speaker 13: an investigation there, but some very very unhappy athletes.
• 27:17
  Speaker 2: Sounds like it too, and rightly so too, my dad, Mike,
• 27:20
  Speaker 2: thank you for that. Mike pis UK europe correspondent. It
• 27:23
  Speaker 2: is twelve away from six. Rayenbridge Top mclays confirmed the
• 27:27
  Speaker 2: Free Trade Agreement with India will not allow the government
• 27:31
  Speaker 2: to cap the number of students coming in from India.
• 27:35
  Speaker 2: They can cap, however, the number of international students overall,
• 27:39
  Speaker 2: but the FTA would not allow this or any future
• 27:43
  Speaker 2: government to restrict students coming from India. This all came
• 27:47
  Speaker 2: from an interview on The Herald's Rhyan Bridge today yesterday.
• 27:50
  Speaker 2: Marcus Beveridge is Managing director of Immigration lawyer at Queen
• 27:53
  Speaker 2: City Law and joins me this morning. Marcus, good morning morning.
• 27:57
  Speaker 7: Right.
• 27:57
  Speaker 2: So was Winston Peter's right? And I mean they kind
• 28:00
  Speaker 2: of both right in in a technical way.
• 28:04
  Speaker 14: Yeah, it's a bit of a reds under your beds
• 28:06
  Speaker 14: and Asian invasions sort of stuff, and it's a lightning
• 28:08
  Speaker 14: rod for New Zealand to this issue. But an actual fact,
• 28:11
  Speaker 14: Winston did the same thing when we signed the free
• 28:13
  Speaker 14: Trade Agreement about twenty years ago. Helen Clark shut him
• 28:17
  Speaker 14: down at that time. I think Todd maclay and the
• 28:20
  Speaker 14: Prime Minister have been a bit feeble and a week
• 28:23
  Speaker 14: on this one. But so he's got a lot of
• 28:25
  Speaker 14: political mileage. We don't cap any foreign students, so the
• 28:30
  Speaker 14: whole thing is a bit of a red hearing in
• 28:32
  Speaker 14: some ways.
• 28:32
  Speaker 2: Yes, I know, but we might want to at some point,
• 28:36
  Speaker 2: you know. So in that sense, does he have a point?
• 28:40
  Speaker 14: Well, he doesn't. He doesn't In the old days, like
• 28:42
  Speaker 14: with India, it's very hard to get visas anyway. They'
• 28:44
  Speaker 14: put them through all sorts of hoops because of all
• 28:46
  Speaker 14: the fraud and so on. So in the old days,
• 28:48
  Speaker 14: they just take the embassy out or take the visa
• 28:50
  Speaker 14: processing function out of that country and put it in
• 28:53
  Speaker 14: Singapore and make it really hard. But now that it's online,
• 28:56
  Speaker 14: I think typically it takes about ninety days for student
• 28:59
  Speaker 14: visa from India. If you're in the any going to
• 29:02
  Speaker 14: London or Germany, it takes about a week to get approved.
• 29:06
  Speaker 14: And you know, we're talking about jurisdiction that in twenty
• 29:08
  Speaker 14: thirty will be a third of the entire world's global workforce.
• 29:12
  Speaker 14: So you know they could pro create twenty or thirty
• 29:18
  Speaker 14: thousand foreign students and one day in India.
• 29:21
  Speaker 2: By the way, it sort of rolls just by on
• 29:24
  Speaker 2: a numbers game. What about the work rights of a student?
• 29:27
  Speaker 2: How long if you've got a student visa here, what
• 29:29
  Speaker 2: is it? Twenty hours a week or thirty hours a week?
• 29:31
  Speaker 2: You can work? Yeah, twenty hours a week.
• 29:33
  Speaker 14: And I've got mates who are sort of complaining that
• 29:35
  Speaker 14: kids can't even get part time work at the moment.
• 29:38
  Speaker 14: So you know, that's Winston. In terms of New Zealand, first,
• 29:41
  Speaker 14: it's a consideration for US, But I guess we've got
• 29:43
  Speaker 14: to weigh up, you know, all the positive things associated
• 29:47
  Speaker 14: with a free trade agreement with such a big marketplace,
• 29:50
  Speaker 14: and certainly weed out the people we don't want, including
• 29:53
  Speaker 14: some of the downtown uber drivers.
• 29:55
  Speaker 2: And hope that by the time the fte APTA actually
• 29:59
  Speaker 2: comes into force, that we are in a position where
• 30:01
  Speaker 2: we have enough jobs to go around.
• 30:04
  Speaker 6: Yeah.
• 30:05
  Speaker 2: Yeah, that's a good point too.
• 30:06
  Speaker 14: But look, I mean, just pivoting the Golden visas, we don't.
• 30:09
  Speaker 14: We don't. There's no age discrimination, there's no cap, there
• 30:14
  Speaker 14: is no cap on those numbers coming in. I mean
• 30:16
  Speaker 14: there's only five hundred families under that program so far
• 30:19
  Speaker 14: in one year under Indian students in his own I
• 30:22
  Speaker 14: think there's twelve thousand at the moment, and we could
• 30:25
  Speaker 14: probably handle a few more. But yeah, allowing them all
• 30:28
  Speaker 14: to work twenty hours, and whether that's within edge of
• 30:30
  Speaker 14: the wedge and they do a few more under the
• 30:32
  Speaker 14: table or whatever, I mean, it's a consideration that we
• 30:34
  Speaker 14: have to be mindful of. And the if you go
• 30:37
  Speaker 14: to Silicon Valley, I mean it's filled with Indians and
• 30:39
  Speaker 14: Chinese and they've all got PhDs and electronic engineering. So
• 30:43
  Speaker 14: we want to somehow get the ones that work well
• 30:45
  Speaker 14: for us.
• 30:46
  Speaker 2: Marcus, appreciate your time this morning. Marcus Beveridge, Managing Director
• 30:49
  Speaker 2: and Immigration Law at Queens City Law. It is eight
• 30:52
  Speaker 2: to six News Talk set be.
• 30:55
  Speaker 1: On your radio and online on iHeartRadio Early edition with
• 31:00
  Speaker 1: Bridge and One Route Love where you Live News Talks
• 31:04
  Speaker 1: d B six.
• 31:05
  Speaker 2: To six on Newstalks. The'd be Mike's in the studio.
• 31:07
  Speaker 2: We were just talking about how I might need some
• 31:08
  Speaker 2: new shoes, Mike going to the gym getting myself injured.
• 31:12
  Speaker 2: The problem is where do I get shoes? If I
• 31:16
  Speaker 2: may be.
• 31:16
  Speaker 15: So bold, is that you're clearly at the age and
• 31:19
  Speaker 15: stage of life of just venturing into new physical activity
• 31:23
  Speaker 15: that you're clearly not equipped for. You're your classic I'm
• 31:27
  Speaker 15: here for some fundsies at the gym and you're not
• 31:31
  Speaker 15: ready for it.
• 31:31
  Speaker 2: Well, because you look at a wreck. I'm just sweaching.
• 31:34
  Speaker 2: What do you mean I look a wreck?
• 31:35
  Speaker 15: Because you were having a fit when I walked in
• 31:37
  Speaker 15: the stretching people look like stretch. You look like a
• 31:41
  Speaker 15: fit anyway, and then you got your broken bones, pain.
• 31:44
  Speaker 2: Broke and stuff like that. It's because I'm doing a
• 31:46
  Speaker 2: bit more cardio now and getting on the treadmill.
• 31:49
  Speaker 15: On a treadmill, complete waste of time. Why absolute waste
• 31:52
  Speaker 15: of time. It's false running. If you want to run,
• 31:54
  Speaker 15: run go on the earth. But on the earth on
• 31:57
  Speaker 15: the pavement. It's so bad for your joints, that is true.
• 31:59
  Speaker 15: So many people I know who are nearer to your.
• 32:02
  Speaker 2: Age are getting hips and these are placed and I'm like, well, well,
• 32:06
  Speaker 2: let's agree.
• 32:07
  Speaker 15: More like you're on to the right thing. But it
• 32:08
  Speaker 15: shouldn't run. I would say, don't run.
• 32:11
  Speaker 2: But it's a treadmill unless someone's chasing you.
• 32:13
  Speaker 15: Because I tell you what I did. I was in
• 32:15
  Speaker 15: Los Angeles, Beverly Hills actually back in the days when
• 32:19
  Speaker 15: I was running, and I didn't want to run because
• 32:21
  Speaker 15: it was at a period of time when there are
• 32:23
  Speaker 15: a lot of homeless people in Beverly Hills, and I thought,
• 32:25
  Speaker 15: I don't need this. So I was at the hotel.
• 32:27
  Speaker 15: I went, I got onto the treadmill at the hotel,
• 32:30
  Speaker 15: and I thought, this is fantastic because of course, on
• 32:32
  Speaker 15: the treadmill you can run at a pace that you
• 32:33
  Speaker 15: can't normally run.
• 32:34
  Speaker 2: And you know exactly and you know what the pace is.
• 32:37
  Speaker 15: Well, no, it's not, because that's false, because you think
• 32:39
  Speaker 15: you're fantastic, you're moving, You think this has got to
• 32:41
  Speaker 15: be good for me. Then I got back to running
• 32:43
  Speaker 15: on the road and you think, oh my god, what's
• 32:45
  Speaker 15: happened to me? What's happened to all my fitness? There's
• 32:47
  Speaker 15: no fitness on a treadmill. It's doing it for you?
• 32:49
  Speaker 2: Is it an illusion? It's an illusion. It's for people.
• 32:53
  Speaker 15: You know, you're having a fit in the studio with
• 32:55
  Speaker 15: a broken you look like a wreck, and you're just
• 32:57
  Speaker 15: questioning the whole thing.
• 32:58
  Speaker 2: It's softer, it feels softer than pa so then it's
• 33:01
  Speaker 2: got to be flying down on a sofa. But it
• 33:04
  Speaker 2: doesn't mean. It doesn't mean it's any good for you.
• 33:09
  Speaker 2: You gotta no pain. I'll run, I'll run, go and
• 33:12
  Speaker 2: go further than I would on the road, and that'll.
• 33:14
  Speaker 15: Personally I'd walk, I'd just walk at pace.
• 33:16
  Speaker 2: Walking is no, it does nothing for you, dud walking.
• 33:20
  Speaker 15: Oprah told me it's the best possible exercise walking.
• 33:23
  Speaker 2: Look, look how well exercises over the years. What are
• 33:31
  Speaker 2: you doing today? Oh I don't know.
• 33:32
  Speaker 15: It's like, well, I'm just getting into that. You know,
• 33:35
  Speaker 15: this India student. It's just like, I mean, were the
• 33:38
  Speaker 15: trade Min's is going to work us through that. For
• 33:40
  Speaker 15: some I think it's a non story, but I could
• 33:43
  Speaker 15: be wrong. All right, anyway, good luck, I'm running out
• 33:48
  Speaker 15: of here.
• 33:57
  Speaker 1: For more from Early Edition with Ryan Bridge, listen line
• 34:00
  Speaker 1: to news Talks it'd be from five am weekdays, or
• 34:03
  Speaker 1: follow the podcast on iHeartRadio.