March 13, 2026 • 39 mins
This week on The Panel, Tim Beveridge is joined by Brad Olsen and Allan Blackman to discuss the biggest stories from the week that was.
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Speaker 1 (00:05):
You're listening to the Weekend Collective podcast from News Talks EDB.
Speaker 2 (00:10):
Welcome to the Weekend Collective. I'm Tim Beverage this Saturday,
the fourteenth of March. Now you can text your feedback
anytime on nine two nine to two, and if you're
not in a hurry, you can email me Tim be
at Newstalk saidb dot codd in Z. But right coming
up on today's show shortly our panelist will be our
panel I'll be introducing our panelists shortly and looking ahead
to later in the show when we do take your calls,
(00:32):
we want your involvement. On eight hundred and eighty ten
eighty after four o'clock, we have the One Roof radio
show and Mike Atkinson, who's he's a managing director at
a spy property management. We're going to talk about what
are the red flags or the green flags when it
comes to choosing your property or more specifically, do you
sometimes choose your landlord or your tenant because you know
(00:53):
we've all been one or the other and forming those
early agreements, So what are those red flags should make
you think, actually, maybe I'll find another tenant or maybe
I'll find that other property without such an awkward land.
And also we're going to dip into the contractual questions
of reasonable wear and tearing all that and taking your calls.
And at five o'clock for the Parents Squad, John Cown
(01:14):
is with us and the question about dealing with those
times when your kids haven't just been a bit naughty,
they've done something really that shocked you and how do
you actually cope with that and when do you have
to give way from your strictness to the empathy when
they've really got themselves in trouble. So we're going to
talk about when kids have really done something wrong in
(01:36):
taking your course for that one, of course. And shortly
before six for the Sports Rap Sports Rap Superman is
with us, Chris Reeve, the Fiji and Andrew. We've got
lots of Crusaders, Highland, as Reds, wiretas F one and China,
Newcastle Jets and AUK and FC lots to get through
for sport as well. Shortly before six lots to get
on with. Welcome to the Weekend Collective. It is nine
(01:56):
minutes past three.
Speaker 1 (01:58):
Insightful, entertaining and always mold points Tim Beveridge on the
Weekend Collective News Talks by.
Speaker 2 (02:05):
Joining me for the panel we have. It's an interesting
combination we've got today. Both I think pretty intelligent chaps.
We could say. One of them is a professor of
chemistry at aut and his name is Alan Blackman. And
it's with me now.
Speaker 3 (02:19):
Good Allen, very well, thank you, Tim Well, how things in.
Speaker 2 (02:23):
The world for chemistry?
Speaker 3 (02:24):
Anything? I always always advanced any late breaking news, none
that I can.
Speaker 2 (02:28):
Report him excellent, good to have you good, to have
you here?
Speaker 3 (02:32):
Good?
Speaker 2 (02:32):
And the other my other guest. Look, he's a promising
young man with a bright future. His name is Brad
Olson Ceoven for metrics. Brad, Hello, how.
Speaker 4 (02:41):
Are you good? Afternoon? I am well. I'm having a
great time down here in Wellington.
Speaker 2 (02:46):
Yes, coming down the line for us. Well, actually tell
you what. I was going to ask you a few
things about how things are going, but I think they
will unveil themselves as we talk about the opening issues
for the weekend collective. Let's get into it, guys. Look,
by the way, just for you out there, I have
been a little bit you know, I don't really want
(03:06):
to see too many stories about the war or the
conflict in Iraq and Iran, so we're not going to
dwell on it, but we're not going to ignore it either. Okay,
so because there are some issues that are going to
affect us. But I just think it's worth touching on
the latest statement from Donald Trump that he says that
the war will end when he feels it in his bones,
(03:27):
and there is a lot of uncertainty around it. The
new Supreme Leader has taken power. We haven't seen him
apparently because he's injured or Hexseth city's a bit disfigured.
But it's amazing what the difference of week makes, not
in a good way? Does it allen?
Speaker 1 (03:41):
Go?
Speaker 3 (03:42):
Jesz Hexseth saying someone's disfigured and he's banning photographers from
his press conferences or something. Apparently it can be taking
bad photos of them.
Speaker 2 (03:50):
So oh really, Oh yes, indeed, yeah, I'm reminded of
you ever seen the movie Team America World.
Speaker 3 (03:55):
Police Absolutely two thousand and four.
Speaker 2 (03:58):
That's twenty two years old. No, it's twenty two years old.
And somebody mentioned it to my show in my show
the the other night, and I actually created a version
of not created. I edited a version of the theme
song because it has a lot of expletives in it,
and I bleeped out all the expletives, and the songs
mostly just bleeps any comments somewhere we're at with just
(04:21):
the conflict, Brad, I don't think it's quite going America's way,
but or else, I don't know if.
Speaker 4 (04:27):
War goes anyone's way in particular, right, I mean, it's war,
But I mean I just find it fascinating that, you know,
you've got these sort of continued views coming down the
line from particularly US politicians, where I mean, they're not
particularly consistent. Right. At one point, I remember, I think
it was this week, I mean weeks. A long time
in the war, it seems, but at one point I
(04:48):
think the President said that it was quote pretty much
end quote done, and now he's talking about how he
might feel it in his bones. You know, you've got
different politicians who are saying, you know, we're going to
do heaps more bombing, and others who think that it's
all but there. The most interesting one that I find
at the moment is all the tour around, you know,
more almost more military intervention, you know, having US ships
(05:10):
that are going to escort everyone through the Strait of Hormos.
They're now sending some marines and I mean they're not
acting like they're sort of close to finishing up. They
seem like they're close to winding up.
Speaker 2 (05:20):
Yeah, look, I must have met. I wouldn't say I
was worried about it last week, but I do. I
am pretty worried because of course the effects of the
conflict are starting to be felt here now, guys. So
New Zealand's going to have to release about six days
worth of fuel as part of a decision by the
International Energy Agency that's you know, the IEA is unanimously
(05:43):
agreed to release four hundred barrels million barrels of oil
from its reserve reserves. Now we're having conversations about how
much fuel we've got to go. Actually, let's go to
the economist in the room. That's not me, it's not
Allen Brad. Tell us about what your think's going on here?
And how you know are you? Did you rush down
(06:04):
and fill up at the hump last night?
Speaker 4 (06:06):
Well, see, this is the thing. You know, we've talked
on the show before about how I don't own a
house and so I'm not particularly useful to talk about
house prices. I also don't own a car, team so
I don't need a fuel up either at the moment.
Speaker 2 (06:18):
At all, you're just whatever.
Speaker 4 (06:20):
No, well, I'm actually I'm more worried about the other
parts of the economy. I mean, like, in a sense, yes,
it's going to hit everyone who fuels up their car,
but it's more that transporting everything around is going to
be more expensive. And you know, you look at the
likes of farmers and what have you. Not only is
it fuel, but they've also got high fertilizer costs and
and everything else. What's interesting, So New Zealand has to
(06:41):
hold under these IA agreements ninety days worth of fuel,
but we don't actually hold it physically. It's not like
there's a tank buried in Kaitai or something that we're
about to release it from. It's we hold tickets with
other countries where we basically say, can you hold some
fuel for us in case we need to release it
into the market. So nothing changes too much here at home.
The biggest sort of question concern and that is around
(07:05):
the likes of our other stocks. So I think we've
got fifty days or so worth of fuel that's either
here in New Zealand or it's in a tanker that's
sort of close and coming through. It's more will we
get the next shipment when everyone else is basically looking
out for the same amount of fuel. Because that four
hundred million barrels from IA, it's the largest release from
the strategic reserve in history. But I also read something
(07:26):
that only something like three million barrel Sorry, yeah, I
think it's three million barrels a day actually can get
out at any one time. So it's a slow release.
It's only worth twenty days worth of oil that would
normally go through the Strait of hor moves. It sounds enormous.
It still hasn't stopped oil prices heading towards and sticking
around one hundred dollars a barrel, So the challenges there regardless.
Speaker 2 (07:46):
Actually just on the on the percentages. Isn't it twenty
percent of the world's world's fuel supply, Yeah, it's twenty percent.
It's from the drama and the headlines, it feels like
all the fuels of the world is supposed to go
through the Strait of hormones. Have you got your head
around that?
Speaker 3 (08:03):
Can I be a conspiracy theorist here, but prefer not?
Speaker 2 (08:09):
Okay, you know, there we go.
Speaker 3 (08:11):
Remember Venezuela, You know that was that was not that
long ago, and now they've got all Venezuela's oil and
they obviously knew they were going to go into it.
Speaker 4 (08:21):
Days.
Speaker 3 (08:21):
I don't come out of course, you see.
Speaker 2 (08:23):
You know why I don't think that because I don't
think Trumps further ahead than thirty minutes to his latest
social media fee. And and also I also think that
the decision to go to war was driven l significantly
by Netanyahu unless he wasn't you know. Yeah, but it
is a great theory, and you might be completely right.
I'm just trying to push back again.
Speaker 3 (08:43):
You just never know. But coming back to the numbers,
like there's four hundred million barrels that they're going to release. Now,
let's not talk about barrels, guy, I don't you know
barrels one hundred and fifty nine liters? Just for you know?
Speaker 2 (08:54):
Is it forty gallons?
Speaker 3 (08:56):
Yeah? Well where is I? Now? Where is I?
Speaker 4 (09:00):
I don't know?
Speaker 2 (09:00):
I still think of barrels.
Speaker 4 (09:01):
And but how good is it to have a chemist here.
Speaker 2 (09:04):
To give yes?
Speaker 3 (09:06):
But get this? Okay, So four hundred million barrels does
sound like a lot, as Brad said, But in twenty
twenty four, the daily oil consumption of the planet is
one hundred million barrels a day, So that's only four
It's frightening, isn't it. It's only four days.
Speaker 2 (09:22):
It's actually amazing the amount of it, doesn't it.
Speaker 3 (09:27):
Yep? And jeez oh good.
Speaker 2 (09:29):
Actually this thing about we don't actually we don't actually
have that that stock ninety barrels we have slightly? Are
you saying, Brad, we've got a credit night for it?
Is it a bit like when you buy gold, you
don't actually get the nuggets. You get a certificate that
says you own this gold, which is somewhere.
Speaker 4 (09:46):
We've effectively got an iou yes, and they set out
across the world. And I mean, in a sense that
probably makes sense for New Zealand for these obligations, because
if you had to get the call up from IA
and I said, hey, can you send your fuel into
the system, we'd be like, yeah, it might just take
a couple of months for us to organize a ship
and then send it through. So I understand them remaining
(10:07):
overseas doesn't help us as much here at home, though,
because you know, this is what everyone's stressing about and going, well,
you know, we've got fuel for the minute, but you
know what gull ran out on on Wednesday or Thursday
because it was their big you know, sort of discount day.
And so I also read yesterday some ripco places have
been selling out of you know, oil, what do you
call them? Canisters and what have you. I mean, I
(10:28):
find that one betty, because for a lot of people
out there, I'm not sure that having that much extra
fuel stored probably or not all that safely in the
back of your garage is necessarily the best of it.
Speaker 2 (10:38):
Maybe they worried, maybe they got very gas gasoly lawnmowers,
they worried about the two strikes or you know, the
relief blast. I think that's not most lord is a
four strike not electric? Are they actually just on that?
I saw that there was a story on the news
about there's been an uptech and interest in evs, and
I think that the journalist painted has been because of
(11:00):
the price of fuel, and it's like, no, no, no.
I think the op tech and interest is because from
people who aren't worried about the money side of things.
They just want to have a car that goes somewhere.
Speaker 4 (11:11):
Probably both right, given you know events, at the moment,
it's going to be a whole lot easier to move
around if you've got an EV and you don't have
to fuel up, and probably you don't have to wait
in lines that you know might form around service station.
I mean, let's be clear, we're not there yet. And
anyone who's looking to buy a car that quickly, you
sort of wonder what's happening in their mind. They must
have a lot of disposable income to just suddenly go,
(11:31):
you know what today's mission is. I'm going to go
and buy a really expensive EV. Nothing else is worrying me.
You know, it's a very small circuit set of the
market i'd expect.
Speaker 2 (11:42):
Yeah, actually there is. I mean in terms of the
playing the game of politics, we are. I mean we
did used to have a requirement that our fuel companies
didn't we This is Shane Jones saying this. You can
tell me whether he's right or wrong. He says that
he's blamed the previous labor government for allowing war companies
to give up storing fuel here in favor of a
justin time model relying on multiple imports sources. Has he
(12:05):
got a point? I'll go to you on this first, Allen.
Speaker 3 (12:08):
Well, I mean, we used to have a refiner. We
did a refinery. Sorry, so why was that closed down?
Was that at the behest of the oil companies or
is that a governmental decision or.
Speaker 2 (12:17):
Well the government had the opportunity to take it over,
I think. But the thing is we still needed the
crude oil to refine it, so I wouldn't have solved
the problem. So that's that's a bit of a red hearing,
I think. But in terms of the requirement to store
ninety days here, what do you make of it?
Speaker 4 (12:32):
Brad Well? So Shane Jones has actually implemented some policies
as Resource Minister that the holdings do have to be
higher now and they came in I think started twenty
twenty five, so we're probably in a better position, or
a slightly more formal position at least than before the challenge, though,
I mean, I think there's some of the stuff around
Marsden Point is absolute rubbish. I mean, look, I grew
(12:52):
up in North and I've had family that have worked
at Marsden Point. It worked at the time, it wasn't
economical relative to big Asian refineries. You know. Most of
our refined feelm comes out of the likes of South
Korea and Singapore. But you're absolutely the right point. The
point here is less around. You know, should we have
the refinery or not. It matters if you can tank
(13:13):
stuff in, be that crude oil or refined oil. So
I don't think it would have solved our issues much.
We do seem to be looking for escapegoat. I mean,
the realistic thing is we've got to have a conversation
potentially as a country over do we need to whack
some big tanks of fuel in somewhere and hold that
and four reserves and or do we need to have
maybe less exposure to all of this because we're not
(13:34):
creating any of it at home and we are very
much at the end of the supply chain. I mean,
this is the same as twenty twenty have either of.
Speaker 2 (13:40):
You guys found And I do have cracks, you know,
reporting on these things, but I'm just going to pull back.
But just say I thought, when I heard that all
prices had gone ballistic and you know, and some of
the language around the reporting of local fuel prices, I
was expecting to open the newspaper and find that fuel
was three dollars fifty, whereas it's sort of still this
(14:01):
side of three bucks which every day. The side of
three dollars is still a win for me because I
remember when it was three dollars twenty So do you
think that there's been a bit too much alarmism in
the way this has been reported. It's a bit dramatic
and headline and anxiety and juson because it's working on
me because I'm anxious.
Speaker 4 (14:19):
Well, I think, look, when it comes to households, I mean,
it's clearly one of the biggest interest stories for everyone
at the moment. I mean that's partly why everyone is
clamoring onto it right, because it's getting eyeballs. People are interested,
They're trying to figure out what it means. I'm more
interested in the fact that, like probably for the first
week of the war, we didn't the markets weren't reacting
like it was all that big of an issue. I mean,
(14:40):
oil price has jumped a bit, but they didn't jump
all that much. And I remember sitting there at my
desk the first week and going, is this it? I mean,
this is possibly the biggest oil shop that we've seen
since the seventies, and the market doesn't seem to be
reacting enough. So I almost wonder if the market reaction
internationally was too much of a slow burn. Maybe we're
overdoing it at the moment, you know, when it comes
(15:01):
to retail prices. I mean someone asked me the other
day when I thought it was going to go to
four dollars for petrol, and I thought that that's a
bit overblowing for the minute. Tim to be fair, if
we came and did the show in a month's time
and rule starting to clamor for fuel and it feels
like the Hunger Games, you might well say it was
underdone at the time, maybe a little bit at the moment.
Speaker 2 (15:19):
Well, and I'm telling you how I had to bike
to work. Yeah, I've already which I've actually already thought
how much of a sweat would I break out into?
And I could bust out the lycra which I've just
started wearing. Actually, so, oh, look what's happening? Oh that
(15:40):
is a very good, very good. That's quite that's quite good.
I don't think I'll even have a crack are for
that's not lovely anyway. Ah, I look good, I tell
you what, you know, the Wolf westls It's all happening
on Tomaki Drive. Now. Look, of course, with all this
you're beginning nostalgic. And there's Here's the other alarmist sort
(16:01):
of thing. Was the Carlos Day's return. I'm I'm old
enough where I can just remember the colorful stickers on
my parents' windscreen saying I think we're a Wednesday or.
Speaker 3 (16:11):
A Tuesday read Tuesday. I remember that, yep, yep, And
I mean why because you know that was back like
seventy nine eighty. There was no sort of big thing
going on in the Middle East then, but you know
there wasn't an oil shock. That was seventy five. I
don't know.
Speaker 2 (16:25):
I was too young to remember. It was just like
all I can remember was what, you know, we had
two cars and one they had different colored stickers, and
that's how we made it work.
Speaker 3 (16:32):
Yeah, yeah, Carlos Days, Brad.
Speaker 4 (16:36):
Unfortunately, my understanding of that time is not particularly well formed,
given that I talked to my mum the other day,
who does remember a sticker somewhat maybe at some point,
but I couldn't get a lot more detail out of it.
I mean, to be fair, this is probably the point
or the bit around word things are maybe being overhyped
a little bit. I mean, government hasn't actually said you
(16:56):
know what. That's that's part of the plan they've been going.
We're canvassing literally everything because we'd rather know now than
sort of having to come out later on. I really
don't think that would be the one. I really hope it's.
Nicola Willis said it's the absolute last resort, and even then,
I'm not sure if they do it. I still think that,
you know, pricing pressures are likely to do a lot
of the heavy lifting. If prices go up, then everyone's
(17:18):
going to go. You know what, I am going to
take the bus. I'm going to put my micra on
and go it around. It's it's a bit easier to
try and transfer the bit that I find probably interesting.
And I don't want to be a conspiracy theorist either,
but we do have a new four level alert system
when it comes to fuel and I feel like that's
giving people a little bit of anxiety and PTSD.
Speaker 2 (17:36):
Hey, by the way, are you in cycling? You don't
have a car? Do you bike anywhere?
Speaker 4 (17:39):
Na? No? No, I know you're.
Speaker 2 (17:41):
A limousine guy. You driven?
Speaker 3 (17:43):
He just flies, doesn't he?
Speaker 4 (17:46):
I do fly quite a bit for this, for this
particular job. Thank you for that burned back I probably
deserve that after my antis before.
Speaker 2 (17:53):
Actually, I tell you what, when you get into cycling,
they're not the sexiest thing, but I get it. I
got to advise that you've got to wear these things
called bib shorts, and they have sort of they're a
little bit like a cross between bike shorts and a
man keen because they got they got the sort of
over the shoulder thing and I put them on the
other day, and you put them on before you put
your t shirt on, so it's just bear skin. And
I walked into the room. My daughters almost wet themselves laughing,
(18:16):
and I was like, okay, this is obviously not.
Speaker 3 (18:19):
A flattering lot. And we started off talking about the wharf.
There we go.
Speaker 2 (18:23):
Hey, Brad, next time you're in Auckland, we'll get the
bib shorts rocket and we'll take it. We'll take it.
Maybe all right.
Speaker 4 (18:29):
I think those flights have now become to come up
the line.
Speaker 2 (18:33):
Okay, hey, lock, this is the panel I'm with Brad
Olsen and Alan Blackman and that will be back in
just a moment news Talks. He'd b yes, welcome back
to the panel with I'm Ton Beveraghire, brad Olsen and
Alan Blackman are my guest today. Now, God, you've got
to well, you feel for everyone. But in New Zealand,
old Nicol Ravas Shankar has had a hell of a
baptism fire, hasn't allen? What are you you know with
(18:54):
the now Ellen New Zealand's announcing, you know, the cancelation
of flights because of the cost of air, of fuel
and everything. Eleven hundred flights will operate as to reduce frequency.
Forty four thousand customers affected.
Speaker 3 (19:09):
And you know, we're just talking before about the fact
that the price of you know, motor fuel doesn't seem
to have been going up that quickly. But you know,
obviously the jet fuel has just gone full, and all
of a sudden, all of these regional flights have gone.
Speaker 2 (19:22):
So I wonder how much how much effect would it have?
I mean, would it affect your any of your decisions
if you're going to be flying around from here to there,
or even holiday decisions.
Speaker 3 (19:33):
Not really, I mean that's the thing. I mean, it's
really only the regional flights, as far as I can
make out anyway, that are going. But I mean, if
this continues, then obviously all of the main trunk and
all of the international flights. Of course they're going to
go up. I wonder how that's affecting Brad.
Speaker 2 (19:47):
I wonder how it's affecting people's holiday plans, you know,
with school holidays ahead, and whether they're thinking booking and
they're just thinking, you know what, maybe we'll stay closer
to home.
Speaker 4 (19:55):
Well, I suspect part of it might be this set
of holidays people probably already booked ahead of time. But
it's more that it's your subsequent ones. I mean in
New Zealand's also I think put an extra ten dollars
each way charge on to domestic flights, twenty dollars extra
on transit has been ninety on international. So there's definitely
a bit of pressure that's going to start to come
(20:16):
on there. And as Ellen said, it's the sort of
regional routes that have taken the brunt. I mean I
saw some of the numbers out of the likes of Hamilton,
for example, that have been curtailed.
Speaker 3 (20:26):
Well, Jesus, don't call Hamilton regional. You'll get letters jaeh.
Speaker 4 (20:30):
I've been given the primary sector. I think Hamilton quite
like the prime the regional sort of provincial numbers and
money that's coming in the bigger one. And I mean
I feel for in New Zealand on multiple fronts. But
I mean they've already just announced that, you know, they've
had a pretty tough financial period. They have actually they
hedged their bits on all they have hedging against the
likes of Brint and so they probably thought they were
(20:50):
half protected. But he's a real technical one. The crack
spread on what you pay for aviation fuel above Brent
has gone wild even further, and so they've probably gone,
we thought we protected ourselves, and then the other part
of the fueler equation has sort of jacked up. So
I mean, yeah, it's a tough one. At a time
when they were already struggling to recover. This is sort
of knee kept all of that.
Speaker 2 (21:11):
Again, the crack spread, what's that.
Speaker 4 (21:13):
It's the difference between what the refiners are sort of
charge on the difference between your Brint crude oil, you know,
the crude oil coming in and then producing the air
gas out the other side. But to be fair, I
should probably defer to the chemist on that front.
Speaker 3 (21:27):
God no, no, no, that's an economics question, Jase.
Speaker 2 (21:30):
Okay, Well, actually what we'll move on looked on something
positive because in fact, well I thought of this as
a nice little segue on the choices that we make
on transport. And you know, people might be thinking about
if there are other ways of getting around, or shall
I catch the bus or the train? But I saw
that there's been Auckland Transport has tested their planned City
(21:52):
rail Link. Now my apologies to people who are not
in Auckland and won't be well at some stage you
might be able to enjoy the new CRL. But and
I've mentioned this before, but it does feel that the
energy is ramping up towards actually opening the CRL. And
I do think I've always been I think most people
around New Zealand have always probably been a little envious
(22:13):
of Wellington's rail service that they've I mean, you hear
problems about it. Of course, you know we're not in
the thick of it. But I think this is going
to be a game changer for Auckland, isn't it. Brad Oh?
Speaker 4 (22:24):
Absolutely. I mean the fact that you know, we are
getting closer that people can see it above ground, that
people will at some point be able to see it
below ground. People are changing the way that they're traveling.
I mean Auckland's got a good public transport system at
the moment, but this will help a whole lot more
to sort of move people around. I'm glad though that.
I mean, part of what drove this conversation right is
that they've been doing a bit of testing at the
(22:45):
moment and finding that actually it's not sort of bang
on the money yet how their schedules set up because
of sort of the peak numbers. I'm really glad they're
doing that because you imagine if when they opened it
then had all these sort of issues, we'd pillar it
to you know, ends gone on. So I'm glad that,
like we're doing a bit of testing because hopefully, I'm
really hoping when it does open it's just smooth and seamless,
(23:07):
and like.
Speaker 2 (23:08):
The pressure is going to be immense because the media
will be there in at a pounce, you know, oh
three minutes late into the K road whatever that station
is called. Actually that might be the one. We actually
understand the name of that one, doesn't it. Alan? Are
you excited about the CRL when we're going to talk
about it again obviously when it in fact does open.
But I was excited to see the video of them
going through the tunnels.
Speaker 3 (23:29):
You know that that was cool to see that. But
I mean, I live out west, and the problem with
living out west is that there's living west many states. No,
there's so many stations and there's so many level crossings
out there. It's just slow as a we're at weak
and I'm really not sure that cutting out a couple
of stations in the middle of town so you can
come into it from the west is going to make
(23:50):
that much.
Speaker 2 (23:51):
But once you're sitting there, you can sit there with
your laptop or your phone. You can just watch the
world go by. It's the smoothness of rail. There's no one,
you know, there's no sort of traffic sort of smoothness.
Speaker 3 (24:03):
Jeez, what or you could relatively half narrowlier in your car,
hate to say, well, or or maybe not.
Speaker 2 (24:13):
Well, that'll be well, that will be interesting actually, but
it'll make be a game changer for some people. I
know people who work here, Like I mean, this will
be a game changer for me because it'll be a
stationed just up the road.
Speaker 4 (24:22):
Do you reckon? We could maybe do a show from
c RL when it opens. Sort of alive, we'll just
keep going. Actually, the receiver works down there.
Speaker 2 (24:32):
I think that would be a mighty fine idea. I'll
get tired of suggest it to our people, who will
talk to their people, who will talk to our people,
and then they'll get hosking.
Speaker 5 (24:40):
To do it. That's that's how it'll work. It'd be
like great idea to look decided to get tell me
I'm wrong, look and that's all. That's all meant with
the generosity of spirit and a sense of humor. Anyway, Hey, I.
Speaker 2 (25:01):
Forgot what we're going to do. Oh okay, the other
big story Now I say big story almost because it
is significantly it is in reality big story. But I've
had a theory and I tried it out, and I
might have poured cold water on it when I introduced
the topics on us doing talkback, But I just said,
is anyone out there outside of the media and politicians,
(25:25):
anyone there interested in hashing out what we've learned from
the Royal Commission into COVID the second take of it?
And I don't think I took one call in five hours.
I might have had one and a couple of texts.
I don't think the COVID inquiry it has been released
and various people have made various noises. I'm over it.
I just don't care. Alan, what do you think.
Speaker 3 (25:46):
I think that this is just descended into political points
scoring sadly, I'm looking at Usamian Brown long. But look,
we were assaulted with something totally unprecedented in March twenty
twenty and the government, by god, they did brilliantly. They
(26:07):
absolutely did. Yeah sheesh, they might have got some things wrong,
but hey, compared to most of the countries around the world,
we did pretty damn well. And I think that, you know,
the inquiry basically says that the report basically says that
you pretty much got most things right. Here's a couple
of things you did wrong, and of course the government
(26:28):
now of the day is jumping on those things that
you know.
Speaker 2 (26:31):
La hypocrisy. Winston's been a doner switcheroo. I did a
bit of a fact check on the stuff. He was
saying that people who didn't get the JAB were a
weight on our society, and all of a sudden he's
like singing about how people were forced to get the
JAB and it was not okay.
Speaker 3 (26:44):
I mean, we're action coming out, Yeah I know.
Speaker 2 (26:47):
But but here, see, I can't even be bothered pushing
back against me. They might want about Alan with the
Auckland lockdown and all that sort of stuff, But because
I've just moved on, what do you think, Brad?
Speaker 4 (26:58):
I think I think we're just all exhausted by it.
But right, I mean, no one really wants to go
back to those times and relive it, you know, either
in reality or even in our minds. So it's always
useful to have a Royal commission, like genuinely they are.
They get into the details, but I agree the actual
sort of what comes out the other side the point scoring,
I mean, the challenge is well, right, none of us
have read the what is it five six hundred pages
(27:20):
plus of the report. We've just read the sort of
press releases that different politicians have put out. I mean,
there are some useful pieces in there, but I'd like
to think that most people going, you know what, to
Allan's point, there was a lot of good at the time,
there was a lot that should have been done differently,
if you've got some hindsight, there are a few issues
there that are legitimate and genuine. But otherwise I think
the point is more what have we learned from it?
(27:41):
So if something similar happened tomorrow, we wouldn't have the
same mistakes. But apart from that, the whole sort of
casting blame and similar it does feel like we've moved
on a bit and I think everyone wants to just
sort of let dogs lying dogs.
Speaker 2 (27:54):
Like, oh my goodness, let's get it. Let's sleeping dog lie.
Speaker 4 (27:59):
Like this doesn't sound right.
Speaker 3 (28:01):
The economist's version.
Speaker 2 (28:03):
Look, let lie dogs sleep. Actually that's actually that's better
because you're talking about politicians. Let's let the lying dogs
go to sleep. That's what you rarely meant, that is
that is a brilliant piece of work. Lovely switcheroney on
the lyrics there, tell you what, God, we have got
a little bit more politics and also are we going
(28:26):
to come up back and discuss how when it comes
to the currency in the UK? Goodbye Winston Churchill, Hello
beavers back in a moment News Talk said be yes,
this is the panel. My guess, Sir Brad Olsen, the
CEO of Informetrics, and Alan Blackman, professor of chemistry at
a u T, who's written a brilliant text on chemistry
and it's actually inventively entitled chemistry. Yes, it's entitled chemistry.
Speaker 3 (28:49):
Great great, great title does what it says on the
tin exactly.
Speaker 2 (28:54):
Now, hey, guys, this I'm quite having intrigued with the
whole negotiation with the teachers union. But now it seems
that the negotiator, Brian Rose should got a bit frustrated
and thought, well, he's all these non union teachers have
been held back and getting a pay rise. So he's
offered non union teachers four point seven percent, given schools
(29:16):
the right to introduce that to their contracts. The union
is saying, you know, it's devisive, they're splitting us off.
It's like, well, they're already split off. They're not in
the union. I've got zero problem with this, Brad.
Speaker 4 (29:28):
Yeah. I mean, look personally, if they're not covered by
the collective agreement that's being negotiated, then I'm not sure
why they have to sort of wait around for that
to come through. I mean it's dragging on a lot now.
And so there are a lot of teachers out there,
you know, who are not part of the union that
are probably going, we'll hang on. I'm waiting for something.
I might not get the back pay, i might not
get whatever else is on offer. If I'm happy to
(29:48):
it enough to accept it, then you know, why am
I being beholden by someone else. It's almost sort of saying, well,
actually you don't have to be part of the union,
but you still, you know, get hit with it. So
I'm all right with it. I mean, it's unusual, but
I think that's also why, you know, it has taken
such a long time. It's not like it was Option
one the first day of negotiating. It's dragged on long
enough that now the Public Service Commissioner said, well, actually
(30:10):
something's got to sort of change, so we're going to
do that. We'll continue to think negotiations. I don't feel
like there's a change in or sort of you know,
active bad faith here. It's just saying at some point
you've got to let others move on as well.
Speaker 2 (30:21):
Yeah, what do you reckon em?
Speaker 3 (30:23):
Yeah, I can't argue with your logic. They're brad. But
from what I've read, the union actually turned down a
similar sort of offer in December, so sort of up
in the region of sort of four point seven percent
or something. Nobody in the bloody that's this public sector
is getting anywhere.
Speaker 2 (30:39):
There No well, in the private sector as well. I mean, yeah,
the thing that I mean, I don't want to be sidetracked.
But this thing about they want that the treaty, why
tongue to be put into the collective agreement and stuff.
It's like, for God's sake, just you know, I'm sorry,
Just get on, do the pay agreement and get on
with you know, you know, making the changes to the curriculum,
(31:00):
and just crack on with doom with bleming jobs. Well
all this political posturing. I know people, by virtue of
my wife, a lot of teachers, and I think there
are quite a few in the Union, are just like,
just get on and do the bloody agreement.
Speaker 3 (31:13):
They want the money primarily, haven't we got a cost
of living crisis or something? Just give Look, teachers need
to be paid as much as bloody possible. You need
to get the best people into teaching because they're the
future of the country. You know, they're looking after a Tamarikian.
You know, God, you sound.
Speaker 2 (31:28):
Like you're ready to put your name on the ballot
for the election. They ever thought of going for politics?
Speaker 3 (31:34):
Oh god, no, yeah, what about you?
Speaker 2 (31:36):
Brad, Ah, Brad, You're only You're only you. He's going
to be on the ticket one day. I'll tell you
what if you were the leader of a political party, Brad,
that would be a very good selling party point for
me voting for you for that party, I'd vote for you.
Speaker 4 (31:52):
Sorry, which party you are?
Speaker 2 (31:53):
You enticed by you being on a leader of the
political party, I'd be like, I think the country is
going to be in good hands with Brad.
Speaker 3 (32:00):
Do we have a lower limit on the age of
the prime minister though?
Speaker 4 (32:03):
Do we?
Speaker 3 (32:03):
Because the Americans do? No, You've got to be like
thirty five.
Speaker 2 (32:06):
How was William Pitt? The younger was obviously.
Speaker 4 (32:10):
Old?
Speaker 2 (32:11):
Brad Olsen. I'm trying to play you a compliment, Brad.
Speaker 4 (32:14):
Oh no, no, I'm deeply I'm deeply grateful. I mean,
look at at the moment, I feel like I can
make a fairly useful contribution to society in the economics field.
So that is where I am happily sticking for the
moment or the tirah, Come on, media, Tyra, you don't
how tire.
Speaker 2 (32:33):
Can you get in touch with the news and just
getting to take that bit of audio, Brad Olsen doesn't
rule out tilted national leadership exactly.
Speaker 3 (32:40):
That's the headlines tomorrow.
Speaker 4 (32:42):
We all know that's awful.
Speaker 2 (32:46):
Like it's good fun though, isn't it. It's good fun.
Speaker 3 (32:49):
It might be for you.
Speaker 2 (32:51):
No, we only make people have fun, fun of the
people we love.
Speaker 4 (32:54):
I was going to say, look, if if I do
a rule and rule out games as an economist, I'm
really going to struggle. You know, if you're going to
go up or down, it's both, probably both. With the
knicks we will I mean, follow is not helpful there, but.
Speaker 2 (33:06):
Yeah headlines Olsen sits on fence on field crisis.
Speaker 4 (33:11):
Right, you can't win either you've made too definitive of
a view or you're sort of too you're too handed,
and you're sort of not useful to anyone.
Speaker 2 (33:18):
I'll tell you why. You can text me people, I'd
vote for Brad. Wouldn't you vote for Brad?
Speaker 4 (33:22):
I would ye.
Speaker 2 (33:23):
Anyway, Look we're having a bit of sport here. You're
going to come back again, aren't you, Brad.
Speaker 4 (33:27):
I'm definitely going to. I mean, I'm quite liking the
sort of you know, distance of the Wellington studio at
the moment, I've got this entire little fifdom here to myself.
Speaker 2 (33:35):
Hey, now look this is an interesting one. So the
headline from Politico, which is where I first saw the stories,
goodbye Winston Churchill, Hello, beavers on English banknotes. So the
banknotes a should by the Bank of England are going
to change and they're going to feature instead of famous
(33:56):
I mean, I must say, I'm going to say straight up,
I think it's ridiculous to get rid of I mean,
I think having historical figures on banknotes is not bad thing.
So they're going to get rid of Winston Churchill on
the five, Jane Austin, author on the ten pound, painter JMW.
Turner on the twenty pounds, and mathematician and computer science
scientist Alan Turing on the fifty. They're going to go
(34:17):
and they're going to have foxes, beavers and other wildlife squirrels,
beaver's etters, deer and seals or something.
Speaker 3 (34:25):
Well, this is easy because they just follow us, because
we've got people on one side and we've got birds
and stuff on the other.
Speaker 1 (34:31):
You know.
Speaker 3 (34:31):
Yeah, it's that simple.
Speaker 2 (34:33):
It's the big deal. Yeah yeah. So I mean, what
do you think, Brad. It's I mean, I think Nigel Farage.
I want to quote him because I generally think he's
a bit of a bit of a douche, but he
said it's wokery and it does feel like, I know,
I know, that's a good collection of people, isn't it.
Jane Austin, JW. Turner, touring and Churchill? What do you reckon? Brad?
Speaker 4 (34:54):
Absolutely? But I mean the thing that I find interesting
here is that this change is based on public feedback,
so I also sort of go, well, you know, if
that's what the people want, I mean, does it matter
that much? It doesn't.
Speaker 2 (35:07):
I'm always suspicious of public feedback when it's based on
people who have the energy to submit.
Speaker 3 (35:12):
Does it actually represent forty four thousand people?
Speaker 2 (35:15):
Yeah?
Speaker 3 (35:17):
About about sixty seventy million, come.
Speaker 2 (35:19):
On out of sixty million? Yeah, yeah.
Speaker 4 (35:20):
I mean the difference as well, though, to be fair,
is you look at what New Zealand's got on its
banknotes and our stuff is interesting. You know if you
go and do a bit of research into some of
the things that we have on our banknotes, and I
don't know all of them, but I have looked into
them at points before, and I'm always like, that's actually
quite cool. I'm not quite sure what a squirrel from England.
It's not the sort of thing I generally associate with
(35:42):
with you know, the English in terms of what you
remember or dares seals otters. I mean again, for New Zealand,
we've got the key. We we've got a number of
you know, birds and similar across our currency. That seems
to make a bit of sense. There's a level of
sort of interaction there. I'm not quite sure what what're
they getting here? I mean, you'd almost be better to
put a big photo of the Big Ben, wouldn't you.
Speaker 3 (36:03):
Well, England go on, but you know, three lines on everything,
don't they? Three lines not endemic to bloody England? Are they?
Where did this lion thing come from? You know it's
a metaphor.
Speaker 2 (36:15):
I guess let's put a metaphor. We've got a good list,
by the way, it's for people will be going on.
Who have we got? We've got Edmond Pillary, Kate Shepherd,
Elizabeth the Second. It'll change for Charles of course, Apara
and Anata and Ernest Rutherford. Not a bad list.
Speaker 3 (36:27):
Hey, that's a chemist. Boom fast on those notes, Brad.
Speaker 2 (36:34):
Let's take off Churchill and put on a Beaver anyway,
mind you. I mean that used to be my nickname
at school, so I'm quite fond of Beaver's a second,
I don't know what I'm talking about now I've completely
lost the plot. We'll be back in just a moment
to find out. Guess what you would have thought that
(36:56):
the baby boomers versus gen Z when it comes to
respect for women. You'd think that gen Z' be wayhead. Well,
I've got news for you, and we'll just go in
just a ticket's nine minutes to four. Yes, and welcome back.
Last couple of minutes with brad Olsen, Alan Blackman. I'm
Tim Beverage. Now, guys, I was actually quite surprised. In fact,
I was very surprised. But there was a global survey
(37:16):
done of twenty nine countries twenty I think about twenty
nine thousand people obviously one thousand and each country surveyed.
In fact, it might have been more than that.
Speaker 3 (37:25):
It was hardly global if it's twenty nine countries.
Speaker 2 (37:28):
Well yeah, but what I mean it wasn't just you know,
it wasn't just one country, but it was across Indonesia, Japan, Brazil, Australia. Anyway,
the surprising stat was that one in three gen Z
men agree that a wife should always obey her husband,
compared to thirteen percent of boomers. I was surprised, but
(37:50):
then you hear, now, well we've got the expansion of
fundamental religion plus Andrew Tait and those sort of misogynistic podcasters.
Are you surprised at this? Brad?
Speaker 4 (38:00):
Look, I am, and look I'm a gen zea who
doesn't hold that view to be blunt, But I was.
I was. I was genuinely shocked by by that, probably
not only the proportion, but like you say, the difference
with you know, older generations. There there was that whole view.
I guess that you know, older generations are generally more traditionalists,
and that you know, as you go through the generations,
(38:21):
people often sort of have broader views, but maybe not.
I mean, that's probably also why you're seeing on TikTok
and social media talk of tradwives and similar you know,
your traditional wife role, and that I just I mean,
I look at some of the stuff and go, man,
people've got a lot of time to think about controlling
other people's lives, just sort of living live.
Speaker 2 (38:40):
So we become more educated, you know, more advanced, and
yet we can still be pretty primitive, can't we all them? Oh?
Speaker 3 (38:45):
Indeed we can. And you know where is this coming from? Well,
I think a lot of it sad to say is
coming from sort of the conservative Christians over in the US, and.
Speaker 2 (38:54):
Well I imagine in Islam as well, and I feel like
that known for their women's rights.
Speaker 3 (38:58):
Yeah, yeah, sadly. And then as part of that, forty
three of gen z men think that young men should
be physically tough. And you know, I well, I must mean.
Speaker 2 (39:09):
Maybe is not to vote for the boomers though, Go boomers.
I mean, I'm gn X, but you know, speak for yourself.
Thanks anyway, Hey Brad, great to see him, mate, look
forward to the CHET Yeah, look forward to next time.
And Alan Blackman as well. And if you're interested in chemistry,
get us book that's called Chemistry. Hey, great, I really
(39:29):
loved the panel today. Good work, guys. We'll be back
with the Not with the Parents Squad, the one roof
radio show talking about Landlord's v tenants finding a good
or a bad one.
Speaker 1 (39:39):
For more from the Weekend Collective, listen live to news
Talks it'd be weekends from three pm, or follow the
podcast on iHeartRadio.
You're listening to the Weekend Collective podcast from News Talks EDB.
Speaker 2 (00:10):
Welcome to the Weekend Collective. I'm Tim Beverage this Saturday,
the fourteenth of March. Now you can text your feedback
anytime on nine two nine to two, and if you're
not in a hurry, you can email me Tim be
at Newstalk saidb dot codd in Z. But right coming
up on today's show shortly our panelist will be our
panel I'll be introducing our panelists shortly and looking ahead
to later in the show when we do take your calls,
(00:32):
we want your involvement. On eight hundred and eighty ten
eighty after four o'clock, we have the One Roof radio
show and Mike Atkinson, who's he's a managing director at
a spy property management. We're going to talk about what
are the red flags or the green flags when it
comes to choosing your property or more specifically, do you
sometimes choose your landlord or your tenant because you know
(00:53):
we've all been one or the other and forming those
early agreements, So what are those red flags should make
you think, actually, maybe I'll find another tenant or maybe
I'll find that other property without such an awkward land.
And also we're going to dip into the contractual questions
of reasonable wear and tearing all that and taking your calls.
And at five o'clock for the Parents Squad, John Cown
(01:14):
is with us and the question about dealing with those
times when your kids haven't just been a bit naughty,
they've done something really that shocked you and how do
you actually cope with that and when do you have
to give way from your strictness to the empathy when
they've really got themselves in trouble. So we're going to
talk about when kids have really done something wrong in
(01:36):
taking your course for that one, of course. And shortly
before six for the Sports Rap Sports Rap Superman is
with us, Chris Reeve, the Fiji and Andrew. We've got
lots of Crusaders, Highland, as Reds, wiretas F one and China,
Newcastle Jets and AUK and FC lots to get through
for sport as well. Shortly before six lots to get
on with. Welcome to the Weekend Collective. It is nine
(01:56):
minutes past three.
Speaker 1 (01:58):
Insightful, entertaining and always mold points Tim Beveridge on the
Weekend Collective News Talks by.
Speaker 2 (02:05):
Joining me for the panel we have. It's an interesting
combination we've got today. Both I think pretty intelligent chaps.
We could say. One of them is a professor of
chemistry at aut and his name is Alan Blackman. And
it's with me now.
Speaker 3 (02:19):
Good Allen, very well, thank you, Tim Well, how things in.
Speaker 2 (02:23):
The world for chemistry?
Speaker 3 (02:24):
Anything? I always always advanced any late breaking news, none
that I can.
Speaker 2 (02:28):
Report him excellent, good to have you good, to have
you here?
Speaker 3 (02:32):
Good?
Speaker 2 (02:32):
And the other my other guest. Look, he's a promising
young man with a bright future. His name is Brad
Olson Ceoven for metrics. Brad, Hello, how.
Speaker 4 (02:41):
Are you good? Afternoon? I am well. I'm having a
great time down here in Wellington.
Speaker 2 (02:46):
Yes, coming down the line for us. Well, actually tell
you what. I was going to ask you a few
things about how things are going, but I think they
will unveil themselves as we talk about the opening issues
for the weekend collective. Let's get into it, guys. Look,
by the way, just for you out there, I have
been a little bit you know, I don't really want
(03:06):
to see too many stories about the war or the
conflict in Iraq and Iran, so we're not going to
dwell on it, but we're not going to ignore it either. Okay,
so because there are some issues that are going to
affect us. But I just think it's worth touching on
the latest statement from Donald Trump that he says that
the war will end when he feels it in his bones,
(03:27):
and there is a lot of uncertainty around it. The
new Supreme Leader has taken power. We haven't seen him
apparently because he's injured or Hexseth city's a bit disfigured.
But it's amazing what the difference of week makes, not
in a good way? Does it allen?
Speaker 1 (03:41):
Go?
Speaker 3 (03:42):
Jesz Hexseth saying someone's disfigured and he's banning photographers from
his press conferences or something. Apparently it can be taking
bad photos of them.
Speaker 2 (03:50):
So oh really, Oh yes, indeed, yeah, I'm reminded of
you ever seen the movie Team America World.
Speaker 3 (03:55):
Police Absolutely two thousand and four.
Speaker 2 (03:58):
That's twenty two years old. No, it's twenty two years old.
And somebody mentioned it to my show in my show
the the other night, and I actually created a version
of not created. I edited a version of the theme
song because it has a lot of expletives in it,
and I bleeped out all the expletives, and the songs
mostly just bleeps any comments somewhere we're at with just
(04:21):
the conflict, Brad, I don't think it's quite going America's way,
but or else, I don't know if.
Speaker 4 (04:27):
War goes anyone's way in particular, right, I mean, it's war,
But I mean I just find it fascinating that, you know,
you've got these sort of continued views coming down the
line from particularly US politicians, where I mean, they're not
particularly consistent. Right. At one point, I remember, I think
it was this week, I mean weeks. A long time
in the war, it seems, but at one point I
(04:48):
think the President said that it was quote pretty much
end quote done, and now he's talking about how he
might feel it in his bones. You know, you've got
different politicians who are saying, you know, we're going to
do heaps more bombing, and others who think that it's
all but there. The most interesting one that I find
at the moment is all the tour around, you know,
more almost more military intervention, you know, having US ships
(05:10):
that are going to escort everyone through the Strait of Hormos.
They're now sending some marines and I mean they're not
acting like they're sort of close to finishing up. They
seem like they're close to winding up.
Speaker 2 (05:20):
Yeah, look, I must have met. I wouldn't say I
was worried about it last week, but I do. I
am pretty worried because of course the effects of the
conflict are starting to be felt here now, guys. So
New Zealand's going to have to release about six days
worth of fuel as part of a decision by the
International Energy Agency that's you know, the IEA is unanimously
(05:43):
agreed to release four hundred barrels million barrels of oil
from its reserve reserves. Now we're having conversations about how
much fuel we've got to go. Actually, let's go to
the economist in the room. That's not me, it's not
Allen Brad. Tell us about what your think's going on here?
And how you know are you? Did you rush down
(06:04):
and fill up at the hump last night?
Speaker 4 (06:06):
Well, see, this is the thing. You know, we've talked
on the show before about how I don't own a
house and so I'm not particularly useful to talk about
house prices. I also don't own a car, team so
I don't need a fuel up either at the moment.
Speaker 2 (06:18):
At all, you're just whatever.
Speaker 4 (06:20):
No, well, I'm actually I'm more worried about the other
parts of the economy. I mean, like, in a sense, yes,
it's going to hit everyone who fuels up their car,
but it's more that transporting everything around is going to
be more expensive. And you know, you look at the
likes of farmers and what have you. Not only is
it fuel, but they've also got high fertilizer costs and
and everything else. What's interesting, So New Zealand has to
(06:41):
hold under these IA agreements ninety days worth of fuel,
but we don't actually hold it physically. It's not like
there's a tank buried in Kaitai or something that we're
about to release it from. It's we hold tickets with
other countries where we basically say, can you hold some
fuel for us in case we need to release it
into the market. So nothing changes too much here at home.
The biggest sort of question concern and that is around
(07:05):
the likes of our other stocks. So I think we've
got fifty days or so worth of fuel that's either
here in New Zealand or it's in a tanker that's
sort of close and coming through. It's more will we
get the next shipment when everyone else is basically looking
out for the same amount of fuel. Because that four
hundred million barrels from IA, it's the largest release from
the strategic reserve in history. But I also read something
(07:26):
that only something like three million barrel Sorry, yeah, I
think it's three million barrels a day actually can get
out at any one time. So it's a slow release.
It's only worth twenty days worth of oil that would
normally go through the Strait of hor moves. It sounds enormous.
It still hasn't stopped oil prices heading towards and sticking
around one hundred dollars a barrel, So the challenges there regardless.
Speaker 2 (07:46):
Actually just on the on the percentages. Isn't it twenty
percent of the world's world's fuel supply, Yeah, it's twenty percent.
It's from the drama and the headlines, it feels like
all the fuels of the world is supposed to go
through the Strait of hormones. Have you got your head
around that?
Speaker 3 (08:03):
Can I be a conspiracy theorist here, but prefer not?
Speaker 2 (08:09):
Okay, you know, there we go.
Speaker 3 (08:11):
Remember Venezuela, You know that was that was not that
long ago, and now they've got all Venezuela's oil and
they obviously knew they were going to go into it.
Speaker 4 (08:21):
Days.
Speaker 3 (08:21):
I don't come out of course, you see.
Speaker 2 (08:23):
You know why I don't think that because I don't
think Trumps further ahead than thirty minutes to his latest
social media fee. And and also I also think that
the decision to go to war was driven l significantly
by Netanyahu unless he wasn't you know. Yeah, but it
is a great theory, and you might be completely right.
I'm just trying to push back again.
Speaker 3 (08:43):
You just never know. But coming back to the numbers,
like there's four hundred million barrels that they're going to release. Now,
let's not talk about barrels, guy, I don't you know
barrels one hundred and fifty nine liters? Just for you know?
Speaker 2 (08:54):
Is it forty gallons?
Speaker 3 (08:56):
Yeah? Well where is I? Now? Where is I?
Speaker 4 (09:00):
I don't know?
Speaker 2 (09:00):
I still think of barrels.
Speaker 4 (09:01):
And but how good is it to have a chemist here.
Speaker 2 (09:04):
To give yes?
Speaker 3 (09:06):
But get this? Okay, So four hundred million barrels does
sound like a lot, as Brad said, But in twenty
twenty four, the daily oil consumption of the planet is
one hundred million barrels a day, So that's only four
It's frightening, isn't it. It's only four days.
Speaker 2 (09:22):
It's actually amazing the amount of it, doesn't it.
Speaker 3 (09:27):
Yep? And jeez oh good.
Speaker 2 (09:29):
Actually this thing about we don't actually we don't actually
have that that stock ninety barrels we have slightly? Are
you saying, Brad, we've got a credit night for it?
Is it a bit like when you buy gold, you
don't actually get the nuggets. You get a certificate that
says you own this gold, which is somewhere.
Speaker 4 (09:46):
We've effectively got an iou yes, and they set out
across the world. And I mean, in a sense that
probably makes sense for New Zealand for these obligations, because
if you had to get the call up from IA
and I said, hey, can you send your fuel into
the system, we'd be like, yeah, it might just take
a couple of months for us to organize a ship
and then send it through. So I understand them remaining
(10:07):
overseas doesn't help us as much here at home, though,
because you know, this is what everyone's stressing about and going, well,
you know, we've got fuel for the minute, but you
know what gull ran out on on Wednesday or Thursday
because it was their big you know, sort of discount day.
And so I also read yesterday some ripco places have
been selling out of you know, oil, what do you
call them? Canisters and what have you. I mean, I
(10:28):
find that one betty, because for a lot of people
out there, I'm not sure that having that much extra
fuel stored probably or not all that safely in the
back of your garage is necessarily the best of it.
Speaker 2 (10:38):
Maybe they worried, maybe they got very gas gasoly lawnmowers,
they worried about the two strikes or you know, the
relief blast. I think that's not most lord is a
four strike not electric? Are they actually just on that?
I saw that there was a story on the news
about there's been an uptech and interest in evs, and
I think that the journalist painted has been because of
(11:00):
the price of fuel, and it's like, no, no, no.
I think the op tech and interest is because from
people who aren't worried about the money side of things.
They just want to have a car that goes somewhere.
Speaker 4 (11:11):
Probably both right, given you know events, at the moment,
it's going to be a whole lot easier to move
around if you've got an EV and you don't have
to fuel up, and probably you don't have to wait
in lines that you know might form around service station.
I mean, let's be clear, we're not there yet. And
anyone who's looking to buy a car that quickly, you
sort of wonder what's happening in their mind. They must
have a lot of disposable income to just suddenly go,
(11:31):
you know what today's mission is. I'm going to go
and buy a really expensive EV. Nothing else is worrying me.
You know, it's a very small circuit set of the
market i'd expect.
Speaker 2 (11:42):
Yeah, actually there is. I mean in terms of the
playing the game of politics, we are. I mean we
did used to have a requirement that our fuel companies
didn't we This is Shane Jones saying this. You can
tell me whether he's right or wrong. He says that
he's blamed the previous labor government for allowing war companies
to give up storing fuel here in favor of a
justin time model relying on multiple imports sources. Has he
(12:05):
got a point? I'll go to you on this first, Allen.
Speaker 3 (12:08):
Well, I mean, we used to have a refiner. We
did a refinery. Sorry, so why was that closed down?
Was that at the behest of the oil companies or
is that a governmental decision or.
Speaker 2 (12:17):
Well the government had the opportunity to take it over,
I think. But the thing is we still needed the
crude oil to refine it, so I wouldn't have solved
the problem. So that's that's a bit of a red hearing,
I think. But in terms of the requirement to store
ninety days here, what do you make of it?
Speaker 4 (12:32):
Brad Well? So Shane Jones has actually implemented some policies
as Resource Minister that the holdings do have to be
higher now and they came in I think started twenty
twenty five, so we're probably in a better position, or
a slightly more formal position at least than before the challenge, though,
I mean, I think there's some of the stuff around
Marsden Point is absolute rubbish. I mean, look, I grew
(12:52):
up in North and I've had family that have worked
at Marsden Point. It worked at the time, it wasn't
economical relative to big Asian refineries. You know. Most of
our refined feelm comes out of the likes of South
Korea and Singapore. But you're absolutely the right point. The
point here is less around. You know, should we have
the refinery or not. It matters if you can tank
(13:13):
stuff in, be that crude oil or refined oil. So
I don't think it would have solved our issues much.
We do seem to be looking for escapegoat. I mean,
the realistic thing is we've got to have a conversation
potentially as a country over do we need to whack
some big tanks of fuel in somewhere and hold that
and four reserves and or do we need to have
maybe less exposure to all of this because we're not
(13:34):
creating any of it at home and we are very
much at the end of the supply chain. I mean,
this is the same as twenty twenty have either of.
Speaker 2 (13:40):
You guys found And I do have cracks, you know,
reporting on these things, but I'm just going to pull back.
But just say I thought, when I heard that all
prices had gone ballistic and you know, and some of
the language around the reporting of local fuel prices, I
was expecting to open the newspaper and find that fuel
was three dollars fifty, whereas it's sort of still this
(14:01):
side of three bucks which every day. The side of
three dollars is still a win for me because I
remember when it was three dollars twenty So do you
think that there's been a bit too much alarmism in
the way this has been reported. It's a bit dramatic
and headline and anxiety and juson because it's working on
me because I'm anxious.
Speaker 4 (14:19):
Well, I think, look, when it comes to households, I mean,
it's clearly one of the biggest interest stories for everyone
at the moment. I mean that's partly why everyone is
clamoring onto it right, because it's getting eyeballs. People are interested,
They're trying to figure out what it means. I'm more
interested in the fact that, like probably for the first
week of the war, we didn't the markets weren't reacting
like it was all that big of an issue. I mean,
(14:40):
oil price has jumped a bit, but they didn't jump
all that much. And I remember sitting there at my
desk the first week and going, is this it? I mean,
this is possibly the biggest oil shop that we've seen
since the seventies, and the market doesn't seem to be
reacting enough. So I almost wonder if the market reaction
internationally was too much of a slow burn. Maybe we're
overdoing it at the moment, you know, when it comes
(15:01):
to retail prices. I mean someone asked me the other
day when I thought it was going to go to
four dollars for petrol, and I thought that that's a
bit overblowing for the minute. Tim to be fair, if
we came and did the show in a month's time
and rule starting to clamor for fuel and it feels
like the Hunger Games, you might well say it was
underdone at the time, maybe a little bit at the moment.
Speaker 2 (15:19):
Well, and I'm telling you how I had to bike
to work. Yeah, I've already which I've actually already thought
how much of a sweat would I break out into?
And I could bust out the lycra which I've just
started wearing. Actually, so, oh, look what's happening? Oh that
(15:40):
is a very good, very good. That's quite that's quite good.
I don't think I'll even have a crack are for
that's not lovely anyway. Ah, I look good, I tell
you what, you know, the Wolf westls It's all happening
on Tomaki Drive. Now. Look, of course, with all this
you're beginning nostalgic. And there's Here's the other alarmist sort
(16:01):
of thing. Was the Carlos Day's return. I'm I'm old
enough where I can just remember the colorful stickers on
my parents' windscreen saying I think we're a Wednesday or.
Speaker 3 (16:11):
A Tuesday read Tuesday. I remember that, yep, yep, And
I mean why because you know that was back like
seventy nine eighty. There was no sort of big thing
going on in the Middle East then, but you know
there wasn't an oil shock. That was seventy five. I
don't know.
Speaker 2 (16:25):
I was too young to remember. It was just like
all I can remember was what, you know, we had
two cars and one they had different colored stickers, and
that's how we made it work.
Speaker 3 (16:32):
Yeah, yeah, Carlos Days, Brad.
Speaker 4 (16:36):
Unfortunately, my understanding of that time is not particularly well formed,
given that I talked to my mum the other day,
who does remember a sticker somewhat maybe at some point,
but I couldn't get a lot more detail out of it.
I mean, to be fair, this is probably the point
or the bit around word things are maybe being overhyped
a little bit. I mean, government hasn't actually said you
(16:56):
know what. That's that's part of the plan they've been going.
We're canvassing literally everything because we'd rather know now than
sort of having to come out later on. I really
don't think that would be the one. I really hope it's.
Nicola Willis said it's the absolute last resort, and even then,
I'm not sure if they do it. I still think that,
you know, pricing pressures are likely to do a lot
of the heavy lifting. If prices go up, then everyone's
(17:18):
going to go. You know what, I am going to
take the bus. I'm going to put my micra on
and go it around. It's it's a bit easier to
try and transfer the bit that I find probably interesting.
And I don't want to be a conspiracy theorist either,
but we do have a new four level alert system
when it comes to fuel and I feel like that's
giving people a little bit of anxiety and PTSD.
Speaker 2 (17:36):
Hey, by the way, are you in cycling? You don't
have a car? Do you bike anywhere?
Speaker 4 (17:39):
Na? No? No, I know you're.
Speaker 2 (17:41):
A limousine guy. You driven?
Speaker 3 (17:43):
He just flies, doesn't he?
Speaker 4 (17:46):
I do fly quite a bit for this, for this
particular job. Thank you for that burned back I probably
deserve that after my antis before.
Speaker 2 (17:53):
Actually, I tell you what, when you get into cycling,
they're not the sexiest thing, but I get it. I
got to advise that you've got to wear these things
called bib shorts, and they have sort of they're a
little bit like a cross between bike shorts and a
man keen because they got they got the sort of
over the shoulder thing and I put them on the
other day, and you put them on before you put
your t shirt on, so it's just bear skin. And
I walked into the room. My daughters almost wet themselves laughing,
(18:16):
and I was like, okay, this is obviously not.
Speaker 3 (18:19):
A flattering lot. And we started off talking about the wharf.
There we go.
Speaker 2 (18:23):
Hey, Brad, next time you're in Auckland, we'll get the
bib shorts rocket and we'll take it. We'll take it.
Maybe all right.
Speaker 4 (18:29):
I think those flights have now become to come up
the line.
Speaker 2 (18:33):
Okay, hey, lock, this is the panel I'm with Brad
Olsen and Alan Blackman and that will be back in
just a moment news Talks. He'd b yes, welcome back
to the panel with I'm Ton Beveraghire, brad Olsen and
Alan Blackman are my guest today. Now, God, you've got
to well, you feel for everyone. But in New Zealand,
old Nicol Ravas Shankar has had a hell of a
baptism fire, hasn't allen? What are you you know with
(18:54):
the now Ellen New Zealand's announcing, you know, the cancelation
of flights because of the cost of air, of fuel
and everything. Eleven hundred flights will operate as to reduce frequency.
Forty four thousand customers affected.
Speaker 3 (19:09):
And you know, we're just talking before about the fact
that the price of you know, motor fuel doesn't seem
to have been going up that quickly. But you know,
obviously the jet fuel has just gone full, and all
of a sudden, all of these regional flights have gone.
Speaker 2 (19:22):
So I wonder how much how much effect would it have?
I mean, would it affect your any of your decisions
if you're going to be flying around from here to there,
or even holiday decisions.
Speaker 3 (19:33):
Not really, I mean that's the thing. I mean, it's
really only the regional flights, as far as I can
make out anyway, that are going. But I mean, if
this continues, then obviously all of the main trunk and
all of the international flights. Of course they're going to
go up. I wonder how that's affecting Brad.
Speaker 2 (19:47):
I wonder how it's affecting people's holiday plans, you know,
with school holidays ahead, and whether they're thinking booking and
they're just thinking, you know what, maybe we'll stay closer
to home.
Speaker 4 (19:55):
Well, I suspect part of it might be this set
of holidays people probably already booked ahead of time. But
it's more that it's your subsequent ones. I mean in
New Zealand's also I think put an extra ten dollars
each way charge on to domestic flights, twenty dollars extra
on transit has been ninety on international. So there's definitely
a bit of pressure that's going to start to come
(20:16):
on there. And as Ellen said, it's the sort of
regional routes that have taken the brunt. I mean I
saw some of the numbers out of the likes of Hamilton,
for example, that have been curtailed.
Speaker 3 (20:26):
Well, Jesus, don't call Hamilton regional. You'll get letters jaeh.
Speaker 4 (20:30):
I've been given the primary sector. I think Hamilton quite
like the prime the regional sort of provincial numbers and
money that's coming in the bigger one. And I mean
I feel for in New Zealand on multiple fronts. But
I mean they've already just announced that, you know, they've
had a pretty tough financial period. They have actually they
hedged their bits on all they have hedging against the
likes of Brint and so they probably thought they were
(20:50):
half protected. But he's a real technical one. The crack
spread on what you pay for aviation fuel above Brent
has gone wild even further, and so they've probably gone,
we thought we protected ourselves, and then the other part
of the fueler equation has sort of jacked up. So
I mean, yeah, it's a tough one. At a time
when they were already struggling to recover. This is sort
of knee kept all of that.
Speaker 2 (21:11):
Again, the crack spread, what's that.
Speaker 4 (21:13):
It's the difference between what the refiners are sort of
charge on the difference between your Brint crude oil, you know,
the crude oil coming in and then producing the air
gas out the other side. But to be fair, I
should probably defer to the chemist on that front.
Speaker 3 (21:27):
God no, no, no, that's an economics question, Jase.
Speaker 2 (21:30):
Okay, Well, actually what we'll move on looked on something
positive because in fact, well I thought of this as
a nice little segue on the choices that we make
on transport. And you know, people might be thinking about
if there are other ways of getting around, or shall
I catch the bus or the train? But I saw
that there's been Auckland Transport has tested their planned City
(21:52):
rail Link. Now my apologies to people who are not
in Auckland and won't be well at some stage you
might be able to enjoy the new CRL. But and
I've mentioned this before, but it does feel that the
energy is ramping up towards actually opening the CRL. And
I do think I've always been I think most people
around New Zealand have always probably been a little envious
(22:13):
of Wellington's rail service that they've I mean, you hear
problems about it. Of course, you know we're not in
the thick of it. But I think this is going
to be a game changer for Auckland, isn't it. Brad Oh?
Speaker 4 (22:24):
Absolutely. I mean the fact that you know, we are
getting closer that people can see it above ground, that
people will at some point be able to see it
below ground. People are changing the way that they're traveling.
I mean Auckland's got a good public transport system at
the moment, but this will help a whole lot more
to sort of move people around. I'm glad though that.
I mean, part of what drove this conversation right is
that they've been doing a bit of testing at the
(22:45):
moment and finding that actually it's not sort of bang
on the money yet how their schedules set up because
of sort of the peak numbers. I'm really glad they're
doing that because you imagine if when they opened it
then had all these sort of issues, we'd pillar it
to you know, ends gone on. So I'm glad that,
like we're doing a bit of testing because hopefully, I'm
really hoping when it does open it's just smooth and seamless,
(23:07):
and like.
Speaker 2 (23:08):
The pressure is going to be immense because the media
will be there in at a pounce, you know, oh
three minutes late into the K road whatever that station
is called. Actually that might be the one. We actually
understand the name of that one, doesn't it. Alan? Are
you excited about the CRL when we're going to talk
about it again obviously when it in fact does open.
But I was excited to see the video of them
going through the tunnels.
Speaker 3 (23:29):
You know that that was cool to see that. But
I mean, I live out west, and the problem with
living out west is that there's living west many states. No,
there's so many stations and there's so many level crossings
out there. It's just slow as a we're at weak
and I'm really not sure that cutting out a couple
of stations in the middle of town so you can
come into it from the west is going to make
(23:50):
that much.
Speaker 2 (23:51):
But once you're sitting there, you can sit there with
your laptop or your phone. You can just watch the
world go by. It's the smoothness of rail. There's no one,
you know, there's no sort of traffic sort of smoothness.
Speaker 3 (24:03):
Jeez, what or you could relatively half narrowlier in your car,
hate to say, well, or or maybe not.
Speaker 2 (24:13):
Well, that'll be well, that will be interesting actually, but
it'll make be a game changer for some people. I
know people who work here, Like I mean, this will
be a game changer for me because it'll be a
stationed just up the road.
Speaker 4 (24:22):
Do you reckon? We could maybe do a show from
c RL when it opens. Sort of alive, we'll just
keep going. Actually, the receiver works down there.
Speaker 2 (24:32):
I think that would be a mighty fine idea. I'll
get tired of suggest it to our people, who will
talk to their people, who will talk to our people,
and then they'll get hosking.
Speaker 5 (24:40):
To do it. That's that's how it'll work. It'd be
like great idea to look decided to get tell me
I'm wrong, look and that's all. That's all meant with
the generosity of spirit and a sense of humor. Anyway, Hey, I.
Speaker 2 (25:01):
Forgot what we're going to do. Oh okay, the other
big story Now I say big story almost because it
is significantly it is in reality big story. But I've
had a theory and I tried it out, and I
might have poured cold water on it when I introduced
the topics on us doing talkback, But I just said,
is anyone out there outside of the media and politicians,
(25:25):
anyone there interested in hashing out what we've learned from
the Royal Commission into COVID the second take of it?
And I don't think I took one call in five hours.
I might have had one and a couple of texts.
I don't think the COVID inquiry it has been released
and various people have made various noises. I'm over it.
I just don't care. Alan, what do you think.
Speaker 3 (25:46):
I think that this is just descended into political points
scoring sadly, I'm looking at Usamian Brown long. But look,
we were assaulted with something totally unprecedented in March twenty
twenty and the government, by god, they did brilliantly. They
(26:07):
absolutely did. Yeah sheesh, they might have got some things wrong,
but hey, compared to most of the countries around the world,
we did pretty damn well. And I think that, you know,
the inquiry basically says that the report basically says that
you pretty much got most things right. Here's a couple
of things you did wrong, and of course the government
(26:28):
now of the day is jumping on those things that
you know.
Speaker 2 (26:31):
La hypocrisy. Winston's been a doner switcheroo. I did a
bit of a fact check on the stuff. He was
saying that people who didn't get the JAB were a
weight on our society, and all of a sudden he's
like singing about how people were forced to get the
JAB and it was not okay.
Speaker 3 (26:44):
I mean, we're action coming out, Yeah I know.
Speaker 2 (26:47):
But but here, see, I can't even be bothered pushing
back against me. They might want about Alan with the
Auckland lockdown and all that sort of stuff, But because
I've just moved on, what do you think, Brad?
Speaker 4 (26:58):
I think I think we're just all exhausted by it.
But right, I mean, no one really wants to go
back to those times and relive it, you know, either
in reality or even in our minds. So it's always
useful to have a Royal commission, like genuinely they are.
They get into the details, but I agree the actual
sort of what comes out the other side the point scoring,
I mean, the challenge is well, right, none of us
have read the what is it five six hundred pages
(27:20):
plus of the report. We've just read the sort of
press releases that different politicians have put out. I mean,
there are some useful pieces in there, but I'd like
to think that most people going, you know what, to
Allan's point, there was a lot of good at the time,
there was a lot that should have been done differently,
if you've got some hindsight, there are a few issues
there that are legitimate and genuine. But otherwise I think
the point is more what have we learned from it?
(27:41):
So if something similar happened tomorrow, we wouldn't have the
same mistakes. But apart from that, the whole sort of
casting blame and similar it does feel like we've moved
on a bit and I think everyone wants to just
sort of let dogs lying dogs.
Speaker 2 (27:54):
Like, oh my goodness, let's get it. Let's sleeping dog lie.
Speaker 4 (27:59):
Like this doesn't sound right.
Speaker 3 (28:01):
The economist's version.
Speaker 2 (28:03):
Look, let lie dogs sleep. Actually that's actually that's better
because you're talking about politicians. Let's let the lying dogs
go to sleep. That's what you rarely meant, that is
that is a brilliant piece of work. Lovely switcheroney on
the lyrics there, tell you what, God, we have got
a little bit more politics and also are we going
(28:26):
to come up back and discuss how when it comes
to the currency in the UK? Goodbye Winston Churchill, Hello
beavers back in a moment News Talk said be yes,
this is the panel. My guess, Sir Brad Olsen, the
CEO of Informetrics, and Alan Blackman, professor of chemistry at
a u T, who's written a brilliant text on chemistry
and it's actually inventively entitled chemistry. Yes, it's entitled chemistry.
Speaker 3 (28:49):
Great great, great title does what it says on the
tin exactly.
Speaker 2 (28:54):
Now, hey, guys, this I'm quite having intrigued with the
whole negotiation with the teachers union. But now it seems
that the negotiator, Brian Rose should got a bit frustrated
and thought, well, he's all these non union teachers have
been held back and getting a pay rise. So he's
offered non union teachers four point seven percent, given schools
(29:16):
the right to introduce that to their contracts. The union
is saying, you know, it's devisive, they're splitting us off.
It's like, well, they're already split off. They're not in
the union. I've got zero problem with this, Brad.
Speaker 4 (29:28):
Yeah. I mean, look personally, if they're not covered by
the collective agreement that's being negotiated, then I'm not sure
why they have to sort of wait around for that
to come through. I mean it's dragging on a lot now.
And so there are a lot of teachers out there,
you know, who are not part of the union that
are probably going, we'll hang on. I'm waiting for something.
I might not get the back pay, i might not
get whatever else is on offer. If I'm happy to
(29:48):
it enough to accept it, then you know, why am
I being beholden by someone else. It's almost sort of saying, well,
actually you don't have to be part of the union,
but you still, you know, get hit with it. So
I'm all right with it. I mean, it's unusual, but
I think that's also why, you know, it has taken
such a long time. It's not like it was Option
one the first day of negotiating. It's dragged on long
enough that now the Public Service Commissioner said, well, actually
(30:10):
something's got to sort of change, so we're going to
do that. We'll continue to think negotiations. I don't feel
like there's a change in or sort of you know,
active bad faith here. It's just saying at some point
you've got to let others move on as well.
Speaker 2 (30:21):
Yeah, what do you reckon em?
Speaker 3 (30:23):
Yeah, I can't argue with your logic. They're brad. But
from what I've read, the union actually turned down a
similar sort of offer in December, so sort of up
in the region of sort of four point seven percent
or something. Nobody in the bloody that's this public sector
is getting anywhere.
Speaker 2 (30:39):
There No well, in the private sector as well. I mean, yeah,
the thing that I mean, I don't want to be sidetracked.
But this thing about they want that the treaty, why
tongue to be put into the collective agreement and stuff.
It's like, for God's sake, just you know, I'm sorry,
Just get on, do the pay agreement and get on
with you know, you know, making the changes to the curriculum,
(31:00):
and just crack on with doom with bleming jobs. Well
all this political posturing. I know people, by virtue of
my wife, a lot of teachers, and I think there
are quite a few in the Union, are just like,
just get on and do the bloody agreement.
Speaker 3 (31:13):
They want the money primarily, haven't we got a cost
of living crisis or something? Just give Look, teachers need
to be paid as much as bloody possible. You need
to get the best people into teaching because they're the
future of the country. You know, they're looking after a Tamarikian.
You know, God, you sound.
Speaker 2 (31:28):
Like you're ready to put your name on the ballot
for the election. They ever thought of going for politics?
Speaker 3 (31:34):
Oh god, no, yeah, what about you?
Speaker 2 (31:36):
Brad, Ah, Brad, You're only You're only you. He's going
to be on the ticket one day. I'll tell you
what if you were the leader of a political party, Brad,
that would be a very good selling party point for
me voting for you for that party, I'd vote for you.
Speaker 4 (31:52):
Sorry, which party you are?
Speaker 2 (31:53):
You enticed by you being on a leader of the
political party, I'd be like, I think the country is
going to be in good hands with Brad.
Speaker 3 (32:00):
Do we have a lower limit on the age of
the prime minister though?
Speaker 4 (32:03):
Do we?
Speaker 3 (32:03):
Because the Americans do? No, You've got to be like
thirty five.
Speaker 2 (32:06):
How was William Pitt? The younger was obviously.
Speaker 4 (32:10):
Old?
Speaker 2 (32:11):
Brad Olsen. I'm trying to play you a compliment, Brad.
Speaker 4 (32:14):
Oh no, no, I'm deeply I'm deeply grateful. I mean,
look at at the moment, I feel like I can
make a fairly useful contribution to society in the economics field.
So that is where I am happily sticking for the
moment or the tirah, Come on, media, Tyra, you don't
how tire.
Speaker 2 (32:33):
Can you get in touch with the news and just
getting to take that bit of audio, Brad Olsen doesn't
rule out tilted national leadership exactly.
Speaker 3 (32:40):
That's the headlines tomorrow.
Speaker 4 (32:42):
We all know that's awful.
Speaker 2 (32:46):
Like it's good fun though, isn't it. It's good fun.
Speaker 3 (32:49):
It might be for you.
Speaker 2 (32:51):
No, we only make people have fun, fun of the
people we love.
Speaker 4 (32:54):
I was going to say, look, if if I do
a rule and rule out games as an economist, I'm
really going to struggle. You know, if you're going to
go up or down, it's both, probably both. With the
knicks we will I mean, follow is not helpful there, but.
Speaker 2 (33:06):
Yeah headlines Olsen sits on fence on field crisis.
Speaker 4 (33:11):
Right, you can't win either you've made too definitive of
a view or you're sort of too you're too handed,
and you're sort of not useful to anyone.
Speaker 2 (33:18):
I'll tell you why. You can text me people, I'd
vote for Brad. Wouldn't you vote for Brad?
Speaker 4 (33:22):
I would ye.
Speaker 2 (33:23):
Anyway, Look we're having a bit of sport here. You're
going to come back again, aren't you, Brad.
Speaker 4 (33:27):
I'm definitely going to. I mean, I'm quite liking the
sort of you know, distance of the Wellington studio at
the moment, I've got this entire little fifdom here to myself.
Speaker 2 (33:35):
Hey, now look this is an interesting one. So the
headline from Politico, which is where I first saw the stories,
goodbye Winston Churchill, Hello, beavers on English banknotes. So the
banknotes a should by the Bank of England are going
to change and they're going to feature instead of famous
(33:56):
I mean, I must say, I'm going to say straight up,
I think it's ridiculous to get rid of I mean,
I think having historical figures on banknotes is not bad thing.
So they're going to get rid of Winston Churchill on
the five, Jane Austin, author on the ten pound, painter JMW.
Turner on the twenty pounds, and mathematician and computer science
scientist Alan Turing on the fifty. They're going to go
(34:17):
and they're going to have foxes, beavers and other wildlife squirrels,
beaver's etters, deer and seals or something.
Speaker 3 (34:25):
Well, this is easy because they just follow us, because
we've got people on one side and we've got birds
and stuff on the other.
Speaker 1 (34:31):
You know.
Speaker 3 (34:31):
Yeah, it's that simple.
Speaker 2 (34:33):
It's the big deal. Yeah yeah. So I mean, what
do you think, Brad. It's I mean, I think Nigel Farage.
I want to quote him because I generally think he's
a bit of a bit of a douche, but he
said it's wokery and it does feel like, I know,
I know, that's a good collection of people, isn't it.
Jane Austin, JW. Turner, touring and Churchill? What do you reckon? Brad?
Speaker 4 (34:54):
Absolutely? But I mean the thing that I find interesting
here is that this change is based on public feedback,
so I also sort of go, well, you know, if
that's what the people want, I mean, does it matter
that much? It doesn't.
Speaker 2 (35:07):
I'm always suspicious of public feedback when it's based on
people who have the energy to submit.
Speaker 3 (35:12):
Does it actually represent forty four thousand people?
Speaker 2 (35:15):
Yeah?
Speaker 3 (35:17):
About about sixty seventy million, come.
Speaker 2 (35:19):
On out of sixty million? Yeah, yeah.
Speaker 4 (35:20):
I mean the difference as well, though, to be fair,
is you look at what New Zealand's got on its
banknotes and our stuff is interesting. You know if you
go and do a bit of research into some of
the things that we have on our banknotes, and I
don't know all of them, but I have looked into
them at points before, and I'm always like, that's actually
quite cool. I'm not quite sure what a squirrel from England.
It's not the sort of thing I generally associate with
(35:42):
with you know, the English in terms of what you
remember or dares seals otters. I mean again, for New Zealand,
we've got the key. We we've got a number of
you know, birds and similar across our currency. That seems
to make a bit of sense. There's a level of
sort of interaction there. I'm not quite sure what what're
they getting here? I mean, you'd almost be better to
put a big photo of the Big Ben, wouldn't you.
Speaker 3 (36:03):
Well, England go on, but you know, three lines on everything,
don't they? Three lines not endemic to bloody England? Are they?
Where did this lion thing come from? You know it's
a metaphor.
Speaker 2 (36:15):
I guess let's put a metaphor. We've got a good list,
by the way, it's for people will be going on.
Who have we got? We've got Edmond Pillary, Kate Shepherd,
Elizabeth the Second. It'll change for Charles of course, Apara
and Anata and Ernest Rutherford. Not a bad list.
Speaker 3 (36:27):
Hey, that's a chemist. Boom fast on those notes, Brad.
Speaker 2 (36:34):
Let's take off Churchill and put on a Beaver anyway,
mind you. I mean that used to be my nickname
at school, so I'm quite fond of Beaver's a second,
I don't know what I'm talking about now I've completely
lost the plot. We'll be back in just a moment
to find out. Guess what you would have thought that
(36:56):
the baby boomers versus gen Z when it comes to
respect for women. You'd think that gen Z' be wayhead. Well,
I've got news for you, and we'll just go in
just a ticket's nine minutes to four. Yes, and welcome back.
Last couple of minutes with brad Olsen, Alan Blackman. I'm
Tim Beverage. Now, guys, I was actually quite surprised. In fact,
I was very surprised. But there was a global survey
(37:16):
done of twenty nine countries twenty I think about twenty
nine thousand people obviously one thousand and each country surveyed.
In fact, it might have been more than that.
Speaker 3 (37:25):
It was hardly global if it's twenty nine countries.
Speaker 2 (37:28):
Well yeah, but what I mean it wasn't just you know,
it wasn't just one country, but it was across Indonesia, Japan, Brazil, Australia. Anyway,
the surprising stat was that one in three gen Z
men agree that a wife should always obey her husband,
compared to thirteen percent of boomers. I was surprised, but
(37:50):
then you hear, now, well we've got the expansion of
fundamental religion plus Andrew Tait and those sort of misogynistic podcasters.
Are you surprised at this? Brad?
Speaker 4 (38:00):
Look, I am, and look I'm a gen zea who
doesn't hold that view to be blunt, But I was.
I was. I was genuinely shocked by by that, probably
not only the proportion, but like you say, the difference
with you know, older generations. There there was that whole view.
I guess that you know, older generations are generally more traditionalists,
and that you know, as you go through the generations,
(38:21):
people often sort of have broader views, but maybe not.
I mean, that's probably also why you're seeing on TikTok
and social media talk of tradwives and similar you know,
your traditional wife role, and that I just I mean,
I look at some of the stuff and go, man,
people've got a lot of time to think about controlling
other people's lives, just sort of living live.
Speaker 2 (38:40):
So we become more educated, you know, more advanced, and
yet we can still be pretty primitive, can't we all them? Oh?
Speaker 3 (38:45):
Indeed we can. And you know where is this coming from? Well,
I think a lot of it sad to say is
coming from sort of the conservative Christians over in the US, and.
Speaker 2 (38:54):
Well I imagine in Islam as well, and I feel like
that known for their women's rights.
Speaker 3 (38:58):
Yeah, yeah, sadly. And then as part of that, forty
three of gen z men think that young men should
be physically tough. And you know, I well, I must mean.
Speaker 2 (39:09):
Maybe is not to vote for the boomers though, Go boomers.
I mean, I'm gn X, but you know, speak for yourself.
Thanks anyway, Hey Brad, great to see him, mate, look
forward to the CHET Yeah, look forward to next time.
And Alan Blackman as well. And if you're interested in chemistry,
get us book that's called Chemistry. Hey, great, I really
(39:29):
loved the panel today. Good work, guys. We'll be back
with the Not with the Parents Squad, the one roof
radio show talking about Landlord's v tenants finding a good
or a bad one.
Speaker 1 (39:39):
For more from the Weekend Collective, listen live to news
Talks it'd be weekends from three pm, or follow the
podcast on iHeartRadio.
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