Latest / Early Edition with Ryan Bridge / Full Show Podcast: 19 August 2025

Transcript

Full Show Podcast: 19 August 2025 · Early Edition with Ryan Bridge

0:01
Speaker 1: The issues, the interviews and the insight. Ryan Bridge on
0:05
Speaker 1: earlier edition with one roof love where you live news
0:09
Speaker 1: talks'd be good morning.
0:10
Speaker 2: It is six after five year on news Talk, said
0:12
Speaker 2: be Zelenski is modicators on the move. He's heading to
0:15
Speaker 2: the White House and we'll be live to Washington, DC
0:18
Speaker 2: for you this morning. This is showdown number two with Trump, Leslie,
0:21
Speaker 2: Yeomans and Australia for US shark attack. Another shark attack
0:24
Speaker 2: in Australia and beaches are closed there. We'll look at
0:27
Speaker 2: what happened a two milk on the Pocono plant purchase
0:31
Speaker 2: and should warranties for building work be mandatory? Should we
0:35
Speaker 2: force them to do it? We look at that this
0:37
Speaker 2: morning at six after five. The agenda, we'll go at
0:42
Speaker 2: the White House. We'll give you the rundown. Zolensky goes
0:44
Speaker 2: in first for talks with Trump, and then you bring
0:47
Speaker 2: in the rest. The gaggle of European leaders that follow Starma, Macron,
0:51
Speaker 2: Mertz and the NATO chief Rato will also be in attendance.
0:55
Speaker 2: But that's after an initial initial bilat with Zelensky and.
1:00
Speaker 3: But President Velnski is trying to convey together with the
1:04
Speaker 3: European partners. Then there are the red lines that they
1:07
Speaker 3: cannot be on one hand legal recognition of Russian and
1:11
Speaker 3: next territories. That there also cannot be a withdrawal of
1:15
Speaker 3: Ukrainian troops from its territory.
1:19
Speaker 4: I think there is concern that if things go badly,
1:24
Speaker 4: it could reach a point of no return really and
1:26
Speaker 4: a bust up potentially between America and its western allies,
1:30
Speaker 4: which would be a very very significant situation.
1:32
Speaker 2: Right. Li's taking on Gaza Hamas is that to approved
1:35
Speaker 2: the latest ceasefire plan. This is a sixty day truce
1:38
Speaker 2: and hostages released in two stages.
1:41
Speaker 5: And then there would be negotiations during this period ongoing
1:45
Speaker 5: for a permanent end to the war. That was the
1:48
Speaker 5: proposal put forward by Steve Wikoff earlier this year. We
1:51
Speaker 5: understand from Palisinine officials familiar with the talks that it
1:55
Speaker 5: is the proposal that has formed the basis of what
1:59
Speaker 5: Hamas agreed to today.
2:02
Speaker 2: You can't help but feel a bit groundhold day about
2:04
Speaker 2: all of us, can you? With ceasefires and then Seasi
2:08
Speaker 2: is broken and then we're back to negotiating tables, but
2:10
Speaker 2: talks of talks. The Cambridge Dictionaries added more than six
2:14
Speaker 2: thousand new words this year, or at least that's what
2:16
Speaker 2: it's calling them. New words include skibbidi, skibbity this is
2:21
Speaker 2: thanks to a bizarre YouTube trend, and delully an abbreviation
2:25
Speaker 2: of delusional. My grandma used to say, do lali, but
2:27
Speaker 2: there you go. Delully is now an official word. A
2:30
Speaker 2: delulu rather, and trad wife this is your old schoolhousewife
2:34
Speaker 2: who cooks and cleans and posts on social media.
2:38
Speaker 1: The first word on the News of the Day early
2:41
Speaker 1: edition with Ryan Bridge and One Root Love where you
2:45
Speaker 1: Live news.
2:46
Speaker 2: Talks that'd be I wouldn't mind meant a tradwife. Myself
2:48
Speaker 2: looks quite quite chilled, doesn't it. I mean you've gotta
2:51
Speaker 2: have babies. I suppose that's the only thing just got.
2:53
Speaker 2: Nine minutes after five news talks, there'd be Arnzed is
2:56
Speaker 2: running as stories at the moment about a guy who
2:58
Speaker 2: reckons that a particular ethnic group should get automatic citizenship
3:03
Speaker 2: to this country, even if they're born overseas, and even
3:06
Speaker 2: if their parents were also born outside New Zealand. This
3:10
Speaker 2: guy is Marty. He has Marty ancestry, but himself he
3:14
Speaker 2: was born in Australia. His kids, they were born in
3:18
Speaker 2: Hawaii and he decides to move to New Zealand with
3:21
Speaker 2: them and says, because they have Marty ancestry, they should
3:26
Speaker 2: automatically be given citizenship. He shouldn't have to go through
3:29
Speaker 2: the process. In other words, you know, not jump through
3:32
Speaker 2: the hoops that everybody else would have to jump through
3:34
Speaker 2: to apply for citizenship. And I was thinking about this
3:37
Speaker 2: driving into work this morning, because it seems it seems
3:41
Speaker 2: a little unfair. Aren't we all Kiwi's or not Kiwi's
3:44
Speaker 2: based on where we're born and where our parents are born.
3:48
Speaker 2: If a parent is a Kiwi citizen, then the kids
3:51
Speaker 2: can become citizens too by descent. Right. You've got to apply,
3:55
Speaker 2: but it's pretty much a foregone conclusion. But in this case,
3:58
Speaker 2: he's not. He's applying for residency himself, so he's not
4:01
Speaker 2: a citizen. And this is interesting because I'm a dual citizen.
4:05
Speaker 2: I have an Irish passport. My parents weren't born in Ireland,
4:09
Speaker 2: but my grandfather was and he sailed here to start
4:14
Speaker 2: a life in a family and a business, et cetera.
4:16
Speaker 2: So I have an Irish passport, but my parents weren't
4:20
Speaker 2: born there, so there is precedent for the test going
4:24
Speaker 2: back further. I your grandparent was Kiwi, then doesn't matter
4:29
Speaker 2: whether you where your parents are born. You can get
4:31
Speaker 2: an open door, welcome kyolder come through the door. But
4:35
Speaker 2: what this guy is asking for is not that, because
4:38
Speaker 2: that applies to any Irish citizen. It's based on not
4:42
Speaker 2: based on on blood or ethnicity. Surely, if you want
4:45
Speaker 2: to change the rules to make the tests go further
4:49
Speaker 2: up the family tree, then fine, but you can't. Surely
4:52
Speaker 2: you can't do that only for certain ethnicities. Government made
4:59
Speaker 2: some big well announced some big changes and won't happen
5:03
Speaker 2: to the middle of the next year. For building, what
5:05
Speaker 2: does this mean if you're going to build a house
5:07
Speaker 2: and you're going to pick a builder, what does this
5:09
Speaker 2: mean for you? And should they be forced to get
5:13
Speaker 2: warranty industry backed warranties and insurance. We'll look at that next.
5:17
Speaker 2: News Talk ZB.
5:19
Speaker 1: Get ahead of the Headlines on early edition with Ryan
5:23
Speaker 1: Branch and one roof Love Where You Live, News Talks B.
5:27
Speaker 2: Five perteen on News Talksbill Get to your texts in
5:29
Speaker 2: a second. Freightways had a good result, well, a solid
5:32
Speaker 2: result yesterday. They're cutting down debts, their margins are up,
5:35
Speaker 2: their market share is up there year to June. This
5:39
Speaker 2: is versus the year prior net profit eighty million. That's
5:41
Speaker 2: up from seventy point nine revenue one point twenty nine billion,
5:44
Speaker 2: that's up from one point two to one billion. The
5:47
Speaker 2: year prior final dividend for your shareholders twenty one cents
5:50
Speaker 2: per year v. Nineteen cents per year. It's courier's post
5:55
Speaker 2: taste distribution, big chill distribution. You might have seen those
5:58
Speaker 2: trucks around, so they've done well given the circumstances that
6:03
Speaker 2: we're in, and I'll have more on that later in
6:05
Speaker 2: the show too. But lower debt means you're not paying
6:08
Speaker 2: as much interest, does it, which is always good for business.
6:10
Speaker 2: We'll look at a two milk just before around five
6:13
Speaker 2: twenty this morning too, Just gone fourteen, after local councils
6:17
Speaker 2: set to save some cashes, the government scraps building consent rules.
6:20
Speaker 2: Building Minister Chris Penk says councils are reluctant to grant
6:23
Speaker 2: building consents because they're the ones responsible to pay the
6:27
Speaker 2: building owner if a construction company goes bally up. Now
6:30
Speaker 2: each party is liable for only the work that they
6:33
Speaker 2: were responsible for. That's the change they're pushing for it's proportional.
6:36
Speaker 2: Malcolm Fleming, Certified Builders CEO with me this morning. Malcolm,
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Speaker 2: good morning, Good morning Ryan. So what proportion of builders
6:42
Speaker 2: do you recton currently don't have aren't covered by a
6:46
Speaker 2: warranty like an industry backed warranty, or have insurance.
6:53
Speaker 6: So if we look at the minister's announcement, he talks
6:56
Speaker 6: about exploring two things, professional and dimly insurance and home warranties. Now,
7:02
Speaker 6: professional insurance and demanly insurance is covered by what is
7:07
Speaker 6: available to the architects, the quality surveyors, the engineers, et cetera.
7:11
Speaker 6: That's already in the market. The piece that he's looking
7:13
Speaker 6: at is home warranties and that is provided by a
7:18
Speaker 6: portion of the market. And so also insurance is a
7:21
Speaker 6: guess probably about sixty percent of the market is covered
7:25
Speaker 6: by it.
7:26
Speaker 2: Right, So for the other forty percent, if something you
7:29
Speaker 2: know of my wall caves in, what happens.
7:34
Speaker 6: For those who are not covered by it? They're left
7:37
Speaker 6: to the homeowners, therefore dealing the builder if they're around,
7:40
Speaker 6: getting them back to fix it. If they're not around,
7:42
Speaker 6: they got a longer term problem.
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Speaker 2: So this is looking to go to proportional so whoever
7:47
Speaker 2: did it badly pays for it their share of that.
7:52
Speaker 2: Is that a good one?
7:53
Speaker 6: Correctly?
7:53
Speaker 2: Yes.
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Speaker 6: At the moment, we've got joint and several so everybody's
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Speaker 6: bound together to take one hundred percent of the loss
8:00
Speaker 6: in the case of an issue arising on a building project.
8:03
Speaker 6: So if, for example, when a claim comes forward, if
8:09
Speaker 6: one of the player is not there and it could
8:11
Speaker 6: be the architect, it could be the builder, the rest
8:13
Speaker 6: of those, including the council, needs to pull together to
8:17
Speaker 6: cover that's part of the claim where the builder or
8:22
Speaker 6: the architect, whomever is not there. What this talks about
8:25
Speaker 6: is making it very clear that the assessed proportion which
8:29
Speaker 6: is liable to each party is a tribute to each party.
8:32
Speaker 6: It must be met byage party. The piece that's been
8:34
Speaker 6: missing over the decades that this has been running is
8:39
Speaker 6: the building warranty insurance. Builders can't keep professional indemnity insurance
8:44
Speaker 6: which covers all their projects. So a build consumer product
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Speaker 6: like a guarantee which applies to the house is the
8:51
Speaker 6: best way forward. And the good news is that there's
8:55
Speaker 6: those products here in the market. There is the Association
8:59
Speaker 6: backed to Get guarantees NGCB, new ZULM, CIFI, builders how
9:03
Speaker 6: to guarantee, and the master will guarantee for the master builders.
9:05
Speaker 6: And there's also an insurance product out there as well
9:08
Speaker 6: for building garranty insurance.
9:10
Speaker 2: Malcolm. The Aussies went proportional in the nineties and they
9:12
Speaker 2: mandated these warranties that you're talking about. If we mandated
9:16
Speaker 2: them here, would that mean we're going to pay more
9:19
Speaker 2: for our building work, our housing.
9:21
Speaker 6: So they mandated in Australia and that's the key. The
9:25
Speaker 6: insurance must be mandated. It will be a cost that
9:28
Speaker 6: gets passed on for homeowner. To give some context around that,
9:32
Speaker 6: say for a five hundred thousand dollars renovation, which is
9:35
Speaker 6: pretty standard these days, the cost of a guarantee product
9:39
Speaker 6: is in the order of fifteen hundred dollars. If you
9:42
Speaker 6: don't mandate it, it won't be picked up and there
9:46
Speaker 6: won't be any cover there for the homeowner in case
9:48
Speaker 6: things go wrong.
9:49
Speaker 2: Roger Malcolm got that. Thank you. Malcolm Fleming, Certified Builders,
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Speaker 2: Chief Executive. Eighteen minutes after five nine two ninety two
9:56
Speaker 2: is the numbers text, Well, look at a two milk
9:57
Speaker 2: next on.
9:59
Speaker 1: Your ready and online. On Iheard Radio Early edition with
10:03
Speaker 1: Ryan Bridge and one roof love where you live, news talks, there'd.
10:08
Speaker 2: Be five twenty on news talks. Hed B I can
10:10
Speaker 2: confirm to you from Washington, DC that Zelenski and Trump
10:14
Speaker 2: are sitting down together in the Oval Office. They are
10:17
Speaker 2: just taking photos with the press at the moment. They
10:19
Speaker 2: will then get down to talks and they will talk
10:21
Speaker 2: for an hour or two at all. JAD advances in
10:24
Speaker 2: the room. Look out, says Marco Rubio. That all, and
10:27
Speaker 2: there's Heggseeth and there as well a bunch of reporters
10:29
Speaker 2: that oh, they're asking questions already, So straight into it.
10:33
Speaker 2: We'll bring you the latest from the White House as
10:36
Speaker 2: it comes to hand. Course, and after all of this,
10:39
Speaker 2: after the by letter, you have a multilateral where the
10:42
Speaker 2: European leaders A will come in and have their say.
10:44
Speaker 2: Two twenty one, after five good day for a two
10:47
Speaker 2: milk shareholders. Company posts two hundred million dollar profit for
10:51
Speaker 2: twenty five announced they're getting ready to turbocharge production. This
10:55
Speaker 2: is the purchase of a plant in Pocono. This is
10:57
Speaker 2: for three hundred million bucks. Pocono, PA has two registrations
11:01
Speaker 2: to sell infant formula in China. This isn't clearly an
11:04
Speaker 2: area that a two seeds is a growth market. Matt's
11:06
Speaker 2: Montgomery is for sith By analyst with me this morning. Matt,
11:09
Speaker 2: good morning, good morning, great to have you here. This
11:14
Speaker 2: market reaction, some strong results for them, and also a
11:18
Speaker 2: lot of trust in their management here obviously.
11:21
Speaker 7: Yeah, that's right. I think in the context of numerous
11:24
Speaker 7: New Zealand corporates over the last couple of years a two,
11:28
Speaker 7: it has stood out, I mean consistently exceeding expectations despite
11:33
Speaker 7: operating in what is a relatively tough in formula market
11:37
Speaker 7: in China. And you know, the decision yesterday to acquire
11:41
Speaker 7: the Plants and Pocono sort of one quite big step
11:45
Speaker 7: in continuing that growth pathway.
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Speaker 2: You said, it's a tough market for infant formula in China,
11:50
Speaker 2: they've got an aging population. Is this a growth market?
11:55
Speaker 7: Well, the market itself is flat to slightly down the time,
12:00
Speaker 7: but birth rates did increase last year, so you're seeing
12:04
Speaker 7: a little bit of an air pocket of growth in
12:06
Speaker 7: the very short term. But Eights have been taking markets
12:10
Speaker 7: share consistently across both their Chinese and English label formula products.
12:15
Speaker 7: So the market itself is relatively challenging, but their execution
12:21
Speaker 7: has been very impressive for a few years.
12:24
Speaker 2: Now, can you sell milk to the old and aging population?
12:29
Speaker 7: Well, yeah, they have been diversifying the business. So if
12:33
Speaker 7: you think back five years ago, it was principally an
12:36
Speaker 7: formula play in China, but they have been diversifying the
12:41
Speaker 7: business into other nutritionals. So that selling senior milk powers
12:45
Speaker 7: and that's been a division growing at sort of thirty
12:48
Speaker 7: percent plus. So you're trying to stretch the brand, I
12:51
Speaker 7: guess if you will into other skews smaller today, but
12:57
Speaker 7: you have another small growth angle for the business.
13:00
Speaker 2: Trunk of change they paid for Pocono.
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Speaker 7: Yeah, two eighty two as it value is around two
13:06
Speaker 7: point fifty. But you know, the company reported net cash
13:10
Speaker 7: of just over a billion dollars yesterday, so they haven't
13:15
Speaker 7: been short of change, and that's allowed them to return
13:17
Speaker 7: a three hundred million dollars special dividend to shareholders yesterday
13:20
Speaker 7: and we see the scope for more distributions to shareholders
13:25
Speaker 7: over the next few years. So yeah, the free cashlor
13:29
Speaker 7: generation and the business over a long time's allowed them
13:31
Speaker 7: to be in this position.
13:32
Speaker 2: Good to see an ambitious company well run.
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Speaker 7: Yes, indeed, management's doing a good job.
13:37
Speaker 2: Matt, appreciate your time. Matt Montgomery for sith Bar Senior
13:40
Speaker 2: ans with me on A two this morning twenty four
13:42
Speaker 2: minutes alfter five year on News Talk sad B. So Yes,
13:45
Speaker 2: Trump Zelenski are at the White House. Will cross to
13:47
Speaker 2: Nick Harper Future Story News. He's in Washington, DC, he's
13:50
Speaker 2: our man, He's with us before six o'clock this morning.
13:52
Speaker 2: We'll also get to Australia next though. I'll give you
13:55
Speaker 2: an update on just a few things the government's doing
13:58
Speaker 2: that they probably shouldn't.
14:00
Speaker 1: The early edition full show podcast on Ihart Radio Power
14:04
Speaker 1: by News.
14:04
Speaker 2: Talks B News Talks B. It is twenty six minutes
14:08
Speaker 2: after five. This coalition needs to tighten its agenda as
14:13
Speaker 2: well as it's belt. In the last week, we've had
14:16
Speaker 2: a smorgas board of small, seemingly minor stories hitting their headlines.
14:20
Speaker 2: You know, helmets or no helmets for cyclists, for goodness sakes,
14:24
Speaker 2: which name comes first on the cover of your passport,
14:27
Speaker 2: a ban and then a reversal on a ban on
14:30
Speaker 2: marshmallows and hot chocolates from the coffee machine at hospitals.
14:34
Speaker 2: Not a single one of these stories is significant on
14:38
Speaker 2: their own in and of themselves, but the kind of
14:40
Speaker 2: stories that people remember because they either make no sense
14:45
Speaker 2: or they appear to be a colossal waste of time.
14:47
Speaker 2: Most working families can't afford to even use their passports
14:50
Speaker 2: right now a Hawaiian holiday. No, the only ones actually
14:55
Speaker 2: dusting off their passports right now are probably moving across
14:58
Speaker 2: to the ditch across the Tasman. Is this the stuff
15:01
Speaker 2: that your average punter wanting to feed their kids actually
15:05
Speaker 2: cares about? The answers, of course, No. The Clark government
15:08
Speaker 2: got bogged down by a bunch of these silly little things.
15:11
Speaker 2: I think size of shower heads, size of light bulbs,
15:14
Speaker 2: Remember that fiasco. Instead of asking officials where the little
15:18
Speaker 2: Johnny should be allowed to ride a bike without a helmet,
15:20
Speaker 2: something that no decent parent would allow anyway, why not
15:23
Speaker 2: keep your eyes on the big stuff. No shortage of
15:26
Speaker 2: that around. Yesterday Fitch warned our Doba plus credit rating
15:30
Speaker 2: could be at risk if we get slack on fiscal discipline.
15:33
Speaker 2: If we see a further correction in the housing market,
15:36
Speaker 2: which isn't completely off the cards, we see employments spike
15:39
Speaker 2: up again, also not out of the woods yet. Come on,
15:43
Speaker 2: we have big fish to fry. It's not that this
15:47
Speaker 2: coalition is not focused on these things, of course, certainly
15:50
Speaker 2: more focused on them than the last one. It's just
15:52
Speaker 2: that there's a bit too much noise around on little
15:54
Speaker 2: things that don't actually matter to the swinging middle that
15:57
Speaker 2: national needs if they want to finish the big jobs
16:00
Speaker 2: that they've set out to achieve. Distraction is the enemy
16:04
Speaker 2: of progress. Passports and helmets are distractions, and lately there
16:09
Speaker 2: have been a few too many of them. You're on
16:12
Speaker 2: news Talk, said b Right now, Donald Trump and lotimeres
16:16
Speaker 2: Lensky is sitting side by side in the Oval office
16:18
Speaker 2: in the White House and taking questions from reporters. We'll
16:21
Speaker 2: have the latest, of course news coming up shortly, and
16:24
Speaker 2: we'll have some audio for you after that. We're also
16:27
Speaker 2: going to speak to our reporter Nick Harper. He's feature
16:29
Speaker 2: story News in Washington, DC this morning about exactly what
16:33
Speaker 2: they're going to be discussing, what's on the table, and
16:36
Speaker 2: the initial reactions to their comments that have been made
16:39
Speaker 2: this morning. Some interesting numbers. Do I have time, No,
16:43
Speaker 2: I don't. I'll give it to you when I get back.
16:45
Speaker 2: This is from the services sector yesterday makes up two
16:48
Speaker 2: thirds of our economy. Actually, I can do it now,
16:52
Speaker 2: makes up two thirds of our GDP the services sector,
16:55
Speaker 2: and we had remember a good manufacturing number. On Friday,
16:59
Speaker 2: we had positive of we're in growth territory manufacturing wives
17:02
Speaker 2: for July fifty two point eight. That's expansion territory services
17:06
Speaker 2: sector yesterday, big chunk of the economy.
17:08
Speaker 8: July.
17:09
Speaker 2: Well, we're still going backwards but slowly improving forty eight
17:13
Speaker 2: point nine. Remember you've got to hit fifty to be positive,
17:16
Speaker 2: so that is good news. To get the growth that
17:19
Speaker 2: the Reserve Bank reckons we're going to get. They both
17:21
Speaker 2: need to be hitting fifty three, so we watch these closely.
17:27
Speaker 2: You're on news Talk, said B. Twenty nine after five.
17:35
Speaker 1: Views and views you trust to start your day. It's
17:39
Speaker 1: early edition with Bryan Bridge and one roof love where
17:43
Speaker 1: you live.
17:43
Speaker 2: News Talk said B. Good morning, it is twenty four
17:52
Speaker 2: away from six. It is Tuesday. You're on news Talk,
17:55
Speaker 2: said B. Great to have your company coming up in
17:57
Speaker 2: the next week. While we'll look at the Fitch on
17:59
Speaker 2: our credit r This is for our government credit rating
18:01
Speaker 2: here in New Zealand, Australia. There's a shark attack. We'll
18:04
Speaker 2: talk to Leslie Gooman about that. And our correspondent is
18:07
Speaker 2: in DC for this Trump Zelensky meeting. They are currently
18:11
Speaker 2: sitting together in the Oval office smiling, so very different
18:15
Speaker 2: from last time. There are smiles on their faces this time,
18:18
Speaker 2: which hopefully is a good sign. This is what they've
18:21
Speaker 2: had to say so far.
18:22
Speaker 1: We had a good meeting, as you know, just as
18:24
Speaker 1: shured while ago, with the President of Russia.
18:26
Speaker 2: And I think there's a possibility that something could come
18:29
Speaker 2: out of it, and today's meeting is very important. Now
18:33
Speaker 2: Zelensky is asked by a reporter would you consider seeding territory?
18:37
Speaker 2: All the European leaders are outside by the way waiting
18:40
Speaker 2: to come in, so they have a bilap first and
18:41
Speaker 2: then you bring in your gaggle of Europeans. So he's
18:44
Speaker 2: asked directly by a journalist, would you consider seeding territory
18:48
Speaker 2: if it means you stop the war with Russia? And
18:50
Speaker 2: he said, we need to stop the war. We need
18:53
Speaker 2: to stop Russia. So there's wriggle room there. Clearly. I
18:57
Speaker 2: spoke yesterday to Vasil marosian Chenko, this is the Ukrainian
19:00
Speaker 2: investador to New Zealand, about this issue of don Bas.
19:03
Speaker 2: You know, would you give up that territory? His answer
19:06
Speaker 2: was interesting.
19:06
Speaker 9: That charritory can end up under the Russian occupation which
19:10
Speaker 9: will never be recognized by Ukraine or anybody else. That
19:15
Speaker 9: it cannot be seated as a sovereign territory in Russia.
19:19
Speaker 9: And that's very important to keep it in mind. As
19:20
Speaker 9: you remember Baldic nations, Lithuania, lot To in Estonia, they
19:24
Speaker 9: were under the Soviet occupation for fifty years. They had
19:27
Speaker 9: their own governments in place, and they were never recognized
19:31
Speaker 9: as part of the Soviet Union. So we may end
19:34
Speaker 9: up having a similar arrangement.
19:37
Speaker 2: So you could, in other words, you could without seeding
19:41
Speaker 2: the territory allow it to be under Russian occupation. Twenty
19:44
Speaker 2: two away from six Ryan Bridge. To our reporters around
19:47
Speaker 2: the country, Callum Procter and needing for us this morning, callen,
19:49
Speaker 2: good morning morning. Right, brewers could soon be making a
19:52
Speaker 2: beer faster.
19:55
Speaker 10: Yes, great news for brewers and beer lovers. This is
19:58
Speaker 10: a study out of Otaga University which is discovered that
20:01
Speaker 10: playing white noise can reduce the fermentation process by up
20:06
Speaker 10: to thirty one hours and it doesn't affect the flavor
20:09
Speaker 10: of the beer either, So fermentation can take on average
20:11
Speaker 10: between five to seven days. Associate Professor Grahmy is As
20:15
Speaker 10: told us these findings could have a substantial impact on
20:18
Speaker 10: the beer industry because he says time is money, and
20:21
Speaker 10: so anyway to speed up this process is good news
20:24
Speaker 10: for brewers if.
20:25
Speaker 2: They make it faster. Does that mean we need to
20:27
Speaker 2: drink it faster?
20:28
Speaker 10: I think that's what it means.
20:30
Speaker 2: Good, good, good. How's your weather.
20:33
Speaker 10: We've got few showers, snow flurries to four hundred meters
20:35
Speaker 10: on the hill, so there's a road snowfall warning for
20:37
Speaker 10: our Northern Motorway this morning.
20:39
Speaker 2: Strong southwesters and nine the high Thanks Cullum players in
20:43
Speaker 2: Christ Jay Clear, good morning. Lincoln University got some complaints
20:47
Speaker 2: about its dairy farm.
20:49
Speaker 11: Yeah, this comes from animal advocacy groups SAFE. They've released
20:52
Speaker 11: some footage from the Lincoln Uni farm which they say
20:55
Speaker 11: was filmed last week and shows cattle suffering and living
20:59
Speaker 11: in squalid winter conditions. We've seen the footage among several
21:03
Speaker 11: different things going on on the farm. There are images
21:06
Speaker 11: and pictures there of calves sort of piled on top
21:08
Speaker 11: of each other into a trailer. There's a mother cow
21:11
Speaker 11: being chased by someone on a quad bike. SAFE says
21:14
Speaker 11: that that person is driving at the animal quite aggressively.
21:18
Speaker 11: There's also animals standing out in quite thick deep mud.
21:21
Speaker 11: Now I guess the reality of this is that an
21:24
Speaker 11: MPI inspector went out and visited the farm on Friday,
21:27
Speaker 11: that was the day of the complaint. They say they
21:29
Speaker 11: found no significant concerns. However, Lincoln Uniprovost Chad Hewitt says
21:35
Speaker 11: while the MPI action found there was nothing that they
21:38
Speaker 11: needed to do, they are going to investigate the issues
21:41
Speaker 11: that have been raised. Nonetheless.
21:42
Speaker 2: All right, how's your weather today?
21:43
Speaker 11: Clear, miserable and pouring with rain this morning, some snow
21:47
Speaker 11: falling above four hundred meters but easing, two showers a
21:50
Speaker 11: bit later south east and a high of eight nice one.
21:52
Speaker 2: Max Is and Wellington bidding farewell to the outer Teddy Max.
21:56
Speaker 8: Yeah, it's now retired, likely to be sold to some
21:59
Speaker 8: poor third world country where it can break down on
22:01
Speaker 8: them and not us. The big thing obviously is losing
22:03
Speaker 8: that rail compatibility for a few years and freight having
22:07
Speaker 8: to adapt. But yeah, the Aratelli making its final cook
22:10
Speaker 8: straight crossing yesterday. Our newsrooms are Ethan Mania, I believe
22:14
Speaker 8: was flown to Picton and came back on the boat.
22:19
Speaker 8: He covered the affair the captain apparently very prolific on
22:21
Speaker 8: the tannoy cracking jokes. Reflecting on the ferries twenty six
22:25
Speaker 8: years of service, spoke to a few employees taking voluntary
22:28
Speaker 8: redundancy as well, who were a little more nostalgic. It
22:32
Speaker 8: wouldn't have been a fitting final voyage without a few
22:35
Speaker 8: hiccups a minor medical emergency. Apparently the Blue Bridge arrived
22:38
Speaker 8: late in Picton as well, which delayed departure by a
22:41
Speaker 8: short time. Infrastructure work can now begin. That means Picton
22:46
Speaker 8: Wharf being demolished, making way for a report that can
22:48
Speaker 8: handle these bigger rail enabled boats that are coming in
22:51
Speaker 8: twenty twenty nine. Cook Straight crossings will be a little
22:54
Speaker 8: stretched for a while. The penalty fees, of course for
22:57
Speaker 8: Labour's prior deal a thing of the past, now appear
23:00
Speaker 8: of make do.
23:01
Speaker 2: Yeah, and then there were two Good luck getting across
23:04
Speaker 2: the Cook Straight. How's your weather?
23:08
Speaker 8: Cold and wht showers and strong southerlyes ten the high
23:10
Speaker 8: central nighte time.
23:11
Speaker 2: Thanks Max Neva's here in Auckland. Hay Neva, good morning.
23:14
Speaker 12: I'm distracted by this hum in the studio.
23:16
Speaker 13: Can you hear it?
23:16
Speaker 2: Yeah? I can hear it. I will well, I was
23:19
Speaker 2: trying to ignore it. Okay, it's been there for five
23:22
Speaker 2: to seven minutes. It suddenly came on and I don't
23:25
Speaker 2: know what to do about it. So I've just been
23:26
Speaker 2: ignoring it.
23:27
Speaker 12: Oh sorry, I should ignore it too, but you know me,
23:29
Speaker 12: I so where is it coming from? I shall try
23:32
Speaker 12: and get to the source.
23:33
Speaker 2: Of it completely throwing, aren't you. Oh look, Glen, I
23:35
Speaker 2: think Glenn's moving into actually good Auckland Council and the
23:39
Speaker 2: officials there want to concentrate housing around city centers and
23:42
Speaker 2: around your big arterial roots.
23:44
Speaker 12: That is correct. So what's happening is then on Tuesday
23:47
Speaker 12: the council is going to address the proposal, because yeah,
23:50
Speaker 12: it wants to do away with the three story developments
23:52
Speaker 12: in suburban areas, so the areas would maintain their single
23:57
Speaker 12: home character with ten story and fifteen story developments playing closer.
24:01
Speaker 12: You're quite right to town centers and transport stations. Simon
24:05
Speaker 12: Wilson The Herald. Simon Wilson, he's on the case, said, look,
24:08
Speaker 12: Auckland could look very different with arterial roads like as
24:11
Speaker 12: you say, Great North Road entirely just lined by apartment blocks.
24:15
Speaker 2: I had a bit of a mingy afternoon yesterday on
24:18
Speaker 2: the phone to Auckland Council. Did you so I park
24:21
Speaker 2: my car out on the street of my You know,
24:23
Speaker 2: I don't have a garage that I can put it in.
24:25
Speaker 10: That's right.
24:25
Speaker 12: I heard about that, which.
24:27
Speaker 2: Mike Costing thinks. It just makes me put it's your garage.
24:30
Speaker 2: It's your garage with your carpet and your garage. Anyway,
24:32
Speaker 2: so I went I rang the council because they keep
24:35
Speaker 2: giving us a ticket even though I've got a permit
24:36
Speaker 2: to park on the street by ticketing the car, and
24:40
Speaker 2: I said, hey, you know this is the second time
24:41
Speaker 2: it's happened. We've written in a letter. Oh well it's
24:45
Speaker 2: now in process, you said, so you've got to wait
24:47
Speaker 2: fifteen days from when you sent the letter. And I'm like,
24:49
Speaker 2: but you can see I've got a permit. Yes, we
24:51
Speaker 2: can see, you've got a can't do anything completely says
24:54
Speaker 2: now really yeah, very annoying.
24:56
Speaker 12: So why is the computer saying no? Did they find you? Like,
25:01
Speaker 12: is there a fine?
25:02
Speaker 2: Fine?
25:02
Speaker 13: How much?
25:03
Speaker 2: Twenty dollars each time?
25:05
Speaker 12: And it all adds up?
25:05
Speaker 13: So what are you up to?
25:06
Speaker 12: Two thousands?
25:07
Speaker 2: No, No, forty has happened twice. Oh that would rip you,
25:11
Speaker 2: but you write the letter for the first fine And
25:14
Speaker 2: she said, have you written a letter for the sing fie?
25:16
Speaker 2: I said, well no, because they should work out from
25:18
Speaker 2: the first one exactly second one wasn't needed. Oh that's
25:22
Speaker 2: my complaint.
25:24
Speaker 12: And the studio is nothing compared to that.
25:26
Speaker 2: I wonder. I'm not worried about it. How's our weather?
25:29
Speaker 12: Shells possible thunderstorms and nail?
25:32
Speaker 2: I have important things happening in my life, Neva, Okay,
25:37
Speaker 2: I'm going. Can I just say, by the way, for
25:40
Speaker 2: the utter teddy from one ferry to another, hiattor deafit
25:46
Speaker 2: all days just around the corner. Put it in calendar Friday,
25:48
Speaker 2: August twenty nine. This is a chance for us all
25:51
Speaker 2: to support the one and three kiwis affected by cancer.
25:54
Speaker 2: That's why a in Z has been such a proud
25:57
Speaker 2: partner of the Cancer Society, and they've been doing that
25:59
Speaker 2: for now for twenty five years. They stand with the
26:02
Speaker 2: community and supporting the important cause this Deafitil Day. Your
26:05
Speaker 2: donation helps provide vital care to transport, treatment, nurses, accommodation, counseling,
26:11
Speaker 2: all that good stuff. It also supports prevention programs and
26:14
Speaker 2: research helping to improve outcomes for future generations. So we're yellow.
26:19
Speaker 2: Buy a daffodil, show you support on Defitil Day. Now
26:22
Speaker 2: if you can, you can go one step further and
26:25
Speaker 2: actually make a donation, because every deafitile dollar gets you
26:30
Speaker 2: a kid increases the amount that goes to these kids'
26:34
Speaker 2: kindness counts. It's about care, it's about hope, it's about
26:38
Speaker 2: standing with those who need it most. Let's make every
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Speaker 2: daffidil count With an Z text donate to three four
26:44
Speaker 2: nine three to make an instant three dollars donation to
26:48
Speaker 2: the Cancer Society.
26:49
Speaker 1: International correspondence with NZ and Eye Insurance, Peace of Mind
26:53
Speaker 1: for New Zealand business.
26:55
Speaker 2: You're on newsbalk B thirteen minutes away from six. We'll
26:58
Speaker 2: get to Washington and just a second first, Leslie Omen
27:01
Speaker 2: with us from Australia. Good morning, Good to have you
27:03
Speaker 2: on the programmer. As always, thank you. Quantus to face
27:07
Speaker 2: a pretty hefty fine. This is for outsourcing ground staff.
27:10
Speaker 14: This long running dispute, very long running, yes, massive fine.
27:16
Speaker 14: Said to be the largest case of illegal sackings in
27:18
Speaker 14: Australia's history. Just to give you a small background, Back
27:22
Speaker 14: in twenty twenty, during the COVID pandemic. Quantus made the
27:26
Speaker 14: decision to outsource its ground handling staff, which included baggage
27:30
Speaker 14: handlers and cleaners and the like. Now then come forward
27:35
Speaker 14: a little bit and the Transport Workers Union decided that
27:39
Speaker 14: they would take Quantus to court and sue them for
27:42
Speaker 14: that illegal sacking. So that's what happened. And earlier this
27:46
Speaker 14: year Quantus was found guilty of the illegal sacking of
27:51
Speaker 14: all those workers. Now come to yesterday and the Federal
27:55
Speaker 14: Court has decided that Quantus will be fined ninety million
27:59
Speaker 14: dollars for those illegal sackings, and fifty million of that
28:03
Speaker 14: will be going to the Transport Workers' Union for the workers.
28:06
Speaker 14: Or that's what Justice Michael Lee has suggested happen, and
28:10
Speaker 14: the other forty million will be to sell. What happens
28:12
Speaker 14: with the other forty million will be decided at a
28:16
Speaker 14: later date.
28:18
Speaker 2: This Sharkiteck now the beach closed. Now the shark Aitek,
28:20
Speaker 2: New South Wales.
28:22
Speaker 14: Yes, the second one in the roughly a month. What
28:27
Speaker 14: happened was yesterday morning early Brad Ross was out serving
28:31
Speaker 14: at Cabareta Beach. It's a beach between Tweedheads and Byron
28:35
Speaker 14: Bay and northern New South Wales and Brad found that
28:39
Speaker 14: he had an unwanted visitor, and that unwanted visitor was
28:43
Speaker 14: a large great white shark, probably about four meters, and
28:47
Speaker 14: it decided that it took a liking to his board
28:50
Speaker 14: and chumped it in half, left a massive bitemark out
28:54
Speaker 14: of the board which was now in two. And unfortunately
28:58
Speaker 14: he wasn't hurt. He was able to get back back
29:01
Speaker 14: to shore. But these borders a lot.
29:05
Speaker 2: Thank god, Thank goodness, Leslie, thank goodness he is okay.
29:09
Speaker 2: I did see his borden. You right, there's a giant
29:11
Speaker 2: chunk out of it. I wouldn't be getting back in
29:12
Speaker 2: the water. Thanks for that update, lizzliey Oomen's Australia correspondent.
29:16
Speaker 2: Just gone ten to six, Ryan, So to the White
29:19
Speaker 2: House we go. This is sitting on the sofa, Zelensky
29:22
Speaker 2: and Trump together. So far all smiles, no shouting. Trump
29:25
Speaker 2: says he will call potin after the meeting. The European
29:28
Speaker 2: leaders will join later joining us. Nick harp a feature
29:31
Speaker 2: story news correspondent in Washington. Good morning, Good.
29:35
Speaker 10: Morning, Ryan.
29:35
Speaker 2: So what's so far so good?
29:38
Speaker 15: Well, yeah, so far so good. I mean the wheels
29:40
Speaker 15: didn't come off in the way they certainly did in
29:41
Speaker 15: that February meeting where they were shouting at each other,
29:44
Speaker 15: where the Ukrainian delegation was ejected from the White House early.
29:49
Speaker 15: They managed to get through that meeting in Theory. They
29:51
Speaker 15: go behind closed doors. There could be some tension there,
29:55
Speaker 15: but so far it all seems to be going quite well.
29:58
Speaker 2: What's he said about if they mean territory, have they
30:01
Speaker 2: mentioned another meeting?
30:03
Speaker 15: Well, I think that is what's going to get hashed
30:05
Speaker 15: out later on, first of all between Donald Trump and
30:08
Speaker 15: President Zelenski and then that multilateral meeting in Theory in
30:12
Speaker 15: about an hour and ten minutes time with the Europeans.
30:15
Speaker 15: At one point, Zelenski was asked to readily in the
30:17
Speaker 15: Oval office just a moment ago by a reporter, are
30:20
Speaker 15: you going to redraw the map? He dodged that question.
30:24
Speaker 15: He said we need to stop the war instead, and
30:26
Speaker 15: he said he hoped that American and EU partners could
30:28
Speaker 15: help with that. But I think territory is going to
30:31
Speaker 15: be a very important part of today. Donald Trump now
30:34
Speaker 15: seems to be pushing President Putin's idea that Ukraine as
30:38
Speaker 15: well as giving up Crimea that was annexed back in
30:41
Speaker 15: twenty fourteen by Moscow also gives up the entirety of
30:45
Speaker 15: the Dnetsk region, even though Russia hasn't captured all of
30:49
Speaker 15: that during this three and a half year conflict.
30:51
Speaker 2: What about a security guarantee from America? Did Trump given any? Hence?
30:57
Speaker 15: Yeah, this is a big one, because Ukraine to join NATO.
31:01
Speaker 15: Trump and Putin say quite simply, he can't. That's not
31:04
Speaker 15: something that's going to happen. But there is this suggestion
31:07
Speaker 15: both from Donald Trump and the Europeans that he might
31:09
Speaker 15: get security guarantees like the same thing that NATO members
31:13
Speaker 15: get Article five. So if Ukraine were to be attacked
31:17
Speaker 15: in the future, the other NATO members would be standing
31:19
Speaker 15: by ready to defend. But also we heard in that
31:23
Speaker 15: meeting just now, Donald Trump said that he did want
31:25
Speaker 15: to be a part of future security guarantees. Unclear what
31:29
Speaker 15: that might mean, would the US troops stationed in Ukraine
31:34
Speaker 15: for example? So far, obviously that is a redline for
31:36
Speaker 15: President Putin. But Donald Trump saying that he wants to
31:39
Speaker 15: be involved. I guess that's another thing they're just going
31:41
Speaker 15: to have to hash out today.
31:42
Speaker 2: Yeah, absolutely all right, Nick, We'll wait and say. Nick Harp,
31:45
Speaker 2: a Future Story News correspondent in Washington for US this
31:47
Speaker 2: morning eight to six. Mike of course will be following
31:50
Speaker 2: this on his show, and he's with us next the.
31:53
Speaker 1: News you need this morning, and the in depth analysis
31:56
Speaker 1: early edition with Ryan Bridge and One Route where you
32:00
Speaker 1: Live News Talks.
32:01
Speaker 2: They'd be stix away from six News Talks. B I
32:03
Speaker 2: promise I'll quickly give you an update from Fitch. This
32:05
Speaker 2: is the rating agency. We're on double A plus at
32:08
Speaker 2: the moment. Yes, we can keep that rating, Thank you
32:10
Speaker 2: very much. How do you get an upgrade? That's what
32:12
Speaker 2: I wanted to know to your triple A minus. It's
32:15
Speaker 2: like batteries. Basically, you need major fiscal consolidation. That's getting
32:19
Speaker 2: back to surplus, that's cutting your debt ratio. Nationals doing that,
32:22
Speaker 2: but it's happening very slowly, and you need to hack
32:25
Speaker 2: through your current account deficit. Currently we're paying eleven billion
32:28
Speaker 2: bucks a year servicing debt. That's more than police defense
32:30
Speaker 2: and corrections combined. Crying Bridge, Good morning, Mike Morning. See
32:35
Speaker 2: Trump comes out and says, I think to actually get
32:37
Speaker 2: through this, we're going to need a trilateral meeting.
32:40
Speaker 13: Nothing's going to happen today, is it.
32:42
Speaker 2: No? But it's good that they're talking. It's good they're
32:45
Speaker 2: talking about that and not shouting.
32:46
Speaker 13: So Zelensky presumably what I guess you want to run
32:50
Speaker 13: a bet what will happen is that what you think
32:52
Speaker 13: is going to happen is going to happen. So the
32:53
Speaker 13: Europeans will get them across the line on crimea court,
32:57
Speaker 13: whatever you want. They'll give up a slye. Someone will
32:59
Speaker 13: provides security guarantees, so Russia will be stopped and that'll.
33:03
Speaker 2: Be that, and they'll give up a bit of the
33:06
Speaker 2: nets even though they shouldn't.
33:08
Speaker 13: Yeah, well, I mean, what do you want more? See?
33:10
Speaker 13: The problem with the Europeans is the Europeans, like everybody
33:13
Speaker 13: is self sensed. Doren't they so as much as they
33:15
Speaker 13: basically they want to stop Russia, don't they. So Zelenski
33:19
Speaker 13: wants all his country back, He's not going to get it,
33:22
Speaker 13: but Russia. Europeans want to stop Russia. They get a
33:25
Speaker 13: security guarantee and they go to blood. They go, look,
33:27
Speaker 13: it's just the right hand side of the country. Don't
33:28
Speaker 13: worry about it.
33:29
Speaker 2: Let's move on and something that's got an American backstop obviously.
33:33
Speaker 2: But the thing about it is that the Europeans, you
33:38
Speaker 2: have to give credit to Trump forgetting the Europeans across
33:41
Speaker 2: the line.
33:42
Speaker 13: If he gets us across the line, that's a Nobel
33:44
Speaker 13: Peace Prize.
33:44
Speaker 2: I would have thought.
33:45
Speaker 13: I would have thought so, along with his eighteen other
33:47
Speaker 13: wars that he's claiming his solf.
33:48
Speaker 2: Just think about where the Europeans were a year, two
33:51
Speaker 2: years ago under Biden.
33:53
Speaker 13: They just got them from two percent to five percent,
33:55
Speaker 13: drag them into the war, and I mean, you can't
33:59
Speaker 13: do any more than that, can you?
34:01
Speaker 2: Really?
34:01
Speaker 13: Anyway, we'll cover this off throughout the morning for.
34:03
Speaker 2: Excellent look forward to it. Mike, have a fantastic day, everybody.
34:06
Speaker 2: It's coming up to six o'clock on News Talk said B.
34:09
Speaker 2: I will see you again tomorrow from five.
34:21
Speaker 1: For more from Early Edition with Ryan Bridge. Listen live
34:24
Speaker 1: to News Talk shied B from five am weekdays, or
34:27
Speaker 1: follow the podcast on iHeartRadio.