Episode Transcript
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Speaker 1 (00:01):
The issues, the interviews and the inside. Ryan Bridge new
for twenty twenty four on the early edition with Smith City,
New Zealand's furniture events and a player store New Storks.
Speaker 2 (00:15):
It'd be good morning, New Zealand. It is six half
to five. Great to have your company. I hope you
enjoyed your weekend and looking forward to a big week
this week. Dan Bolton from silver Fern Farms is with us.
He's been with us a few times now. We're talking
the red meat sector, how they're going to fare the
Labor Party conference at the weekend. Lots of promises made.
Should they really have made any promises at all? Stuart
(00:37):
Nash on the show just before four. K Oliver is
in the UK for us this morning. And look, this
is an old story but I only just found out
about it through the international media. It's to do with
one of our Christmas parades here in New Zealand. We'll
get that shortly too.
Speaker 3 (00:54):
The agenda.
Speaker 2 (00:55):
It is Monday, the second of December. It's the worst
fighting in years. This is in Syria. Alissade under attack.
This is the second largest city of Aleppo, where opposition
fighters have now taken control and the Syrian government troops
are withdrawing.
Speaker 4 (01:10):
We enter Aleappo as liberators God willing to end the
oppression of the people, advise all our brothers not to
enter people's homes.
Speaker 2 (01:18):
It is essential that there are no violations. See Alissade's
in trouble here because he's actually in hiding. By the way,
no one knows where he is at the moment, somewhere
in Damascus. But his problem is that his allies are
quite busy. Russia fit busy with Ukraine at the moment.
Iran bit busy with a few proxy wars, including Lebanon
and Gaza.
Speaker 4 (01:36):
Right.
Speaker 2 (01:37):
Black Friday spending this is the United States, not US,
but it was pretty muted apparently this year, up three
point four percent in total though, which kind of was
in line with what they were talking about. Spending wise
on Friday out of the States, so MasterCards, he's spending
it in person at stores was up just zero point
seven year on year, but online spending up fourteen point
(01:58):
six percent. Estimated eighteen billion New Zealand dollars was spent
on Black Friday in the United States. Georgia still fighting
over where to join the EU, and their recent election
result was following a government decision to put negotiations to
join the EU on hold. People don't think that the
most recently elected president should actually be the president because
(02:19):
the election was a farce. Anyway, She's not going anywhere.
Speaker 5 (02:22):
I am president because I've been elected by the people,
and I'm president, and til the time when zinagare to
the president that is legitimately elected by illegitimately elected parliament.
Speaker 2 (02:38):
Twelve people have died in widespread flooding impacting Malaysia and Thailand.
More than one hundred and thirty thousand people have been displaced,
and rescuers are still working to locate stranded residents. It'sis
Goneline up to five.
Speaker 1 (02:51):
The news you need this morning and the in depth
analysis early edition with Ryan Bridge and Swift City, New
Zealand's Furniture, Beds and Appliance News Talks.
Speaker 2 (03:01):
It'd be nine minutes after five. Great to have your company.
We are going to talk about some of the promises
that Labor made during the conference at the weekend, like
the one we won't join ORCUS. Is it a smart
thing to do or would you leave that as a
bit of a bargaining chip up your sleeve when you're
dealing with a Trump administration anyway, they have decided to
(03:21):
rule that out. So we'll talk about that later, both
with Stuart Nash and also just before the news at
five point thirty today, kee We Women. This is a
press release from Who's this from a women's group, Global
Women have put out a press release ki we women
effectively working for free from today. Gender pay gap now
(03:41):
at eight point two percent for al to that is
actually down the pay gap point four percent. So en momentus,
you know, it's a it's a movement in the right direction.
I suppose, isn't it. So At the moment, the calculated
pay gap eight point two percent, the average Kiwi woman
is paid for two hundred and forty point five working
(04:02):
days for the equivalent two hundred and sixty two working
days for men in twenty twenty four. And the moral
of the story is work harder, ladies, all right, and
probably stop talking. That's what's probably wasting all the you know,
a little less yapping, a little less yapping will close
(04:23):
the gap.
Speaker 3 (04:24):
How's that?
Speaker 2 (04:25):
It's eleven minutes after five news Talk, said Ryan Bridge.
I can't wait till Leva comes in. Leava's coming in
for news just after five thirty this morning. Adam Cooper
is with us with sport coming up as well as
Dan Bolton Silver Fern Farms. Your own news Talk said.
Speaker 3 (04:47):
Be get ahead of the headlines.
Speaker 1 (04:58):
Ryan Bridge you for twenty two twenty four on early
edition with Smith City, New Zealand, Fourniture Beds and a
Planet Store News Talks.
Speaker 2 (05:06):
It'd be thirteen after five nine two nine two is
the number to text. Here's a quick question for you.
If you leave your house for a long weekend or
to go away for a night even, do you turn
every single plug in your house off. My partner insists
that we do this every single time we go. Sometimes
even if it's if we're going out for the evening
(05:26):
and coming, you know, staying that night, every single plug
has to go off. It's a little paranoid if you
ask me. But they should have done it in this
home in Greenheight and Auckland because they bought a teamur
Did you see this in the news. They bought a
TEAMU charger, which is that cheap knockoff website where you
can buy things for a dollar. It was a flashing
(05:48):
green charger. I put it in their house anyway, it
exploded while they were out. The house caught fire, significant damage.
The thing was just you know, up in flames. And
apparently they put they put this green flashing cord next
to a pillow in the bedroom to stop a rabbit
from eating the cord. And it seems like this is
(06:10):
the quote from Fens, it seems like the cord being
so hot, just caught the bed on fire and it
all went off. So there you go. I guess be
careful where you buy your charges, where you put them,
and maybe be a little more paranoid when you leave
the house. It's fourteen after five, Bryan Bridge. We're going
to Dan Bolton, our Silverfern Farms chief executive, for our
real catch up. So we've had the dairy headline numbers
(06:34):
doing quite well, but what about the red meat sector?
What about the Trump's and Trump's tariffs and also our
disputes with Canada. It's great to have Dan back on
the program. Dam good morning, Good morning, Ryan, great to
talk to you. Let's start with the whole Trump tariff thing.
How you guys worried about that.
Speaker 6 (06:55):
I mean, clearly there's some big predicts and promises there
around blanket tariffs, and they created some big headlines here
in New Zealand and sort of made us sit up
as a large export nation in the US market is
a really important market for our sheep, beef and venicson
farmers and that market's going extremely well for us. But
when our viewers, there's still a lot of water to
(07:15):
go under the bridge between now and the twentieth of
January and where the New Zealand will actually be affected,
you know, and whether those tariffs are going to be
more targeted versus blanket, and we're sort of seeing, you know,
they're definitely going to be focusing on nations that is
a trade of balance with the US, and luckily New
Zealand in the US is quite a balanced trade position.
(07:36):
And I think for us, the US is very very
short on beef at the moment, you know, and they're
going to be relying heavily on us over the next
few years. So, you know, I think for us, there's
a lot of waters to go under the bridge. The
chances of a blanket tariff is is probably less likely
than we think, but we are watching it very closely
and we're also seeing, you know, consumers in the US also,
(07:59):
you know, a very up in arms around the impact
of increasing food prices with those as well, so we're
monitoring it. You know, a lot of water to go
into the bridge, but you know, several farms. We're really
good at sort of managing.
Speaker 3 (08:12):
Sort of geopolitical and trade changes.
Speaker 6 (08:15):
You know, we export to over sexty country.
Speaker 2 (08:17):
Bit you got to be on top of this. You
when you're when you're a really exported like us, how
is how how are exports doing generally in the sector
at the moment. How are exports doing? How are we presuing?
Speaker 6 (08:30):
Well, we've just come off our farmer roadshows and we've
shared a lot of optimism as we move into twenty
twenty five. You know, we're seeing some big global supply
dynamics swimming back into our favor, which is going to
be good for our farmers. And and then what we're
also seeing on the back of climate change and some
you know, other large producer nations, food security is becoming
a real concern for some of our high value customers offshore.
(08:51):
So that's another positive sign for Newland. And so you
know we start to see that see both of those
play out, and you know, already in the Q the
last quarter of this year, we're seeing land pricing recover well,
you know, backups over the eight dollar mark, and that's
favorable and we're seeing that continue into into twenty twenty five.
The UK is going to be short and we're seeing
some good year on the year price this and on beef,
(09:14):
you know, some record pricing out the farm gate at
this point in time, particularly off the back of the
US being very short, so and we're seeing that going
to be continuing for some time as well. So lots
of the tailwinds which our farmers desperately need. So we're
looking forward to a pretty exciting twenty twenty five.
Speaker 2 (09:32):
This Canada's dispute that we've gotten, we've had Todd McLay
over in Canada meeting with them to talk about it
in the last couple of days. Anything to do with
red meat or is this all a dairy thing?
Speaker 6 (09:42):
Yeah, it's all a dairy thing, So I think we're
pretty safe there.
Speaker 2 (09:46):
Nice all right, Dan, thank you very much for being
with us. Really appreciate it, Dan Bolton, silver Fin Farms,
Chief Executive. You're on news Talk, said b It is
eighteen after five numbered text nine to nine two on.
Speaker 1 (09:57):
Your radio and online on iHeartRadio Early Edition with Ryan
Bridge and Smith City, New Zealand's furniture beds and a
playing store.
Speaker 3 (10:05):
News Talk said, B.
Speaker 2 (10:07):
It is twenty after five year on news Talk said,
B is this true that the Santa Parade and christ
Church the christ Church Christmas Show parade is what it's called.
Is it true that you can only go five kilometers
an hour and have to wear a seat belt? I
mean not that you should go faster, but that you
have to wear a seat belt when you do that.
Evan Santa and his elves, it's got a big ballot.
(10:31):
He's got a lot of cushion if something were to happen,
and he's got all of his you know, sacks filled
with presents around him, which are like year bags. He
doesn't need to go wear a seat belt going five
kilometers an hour. I wouldn't have thought. Twenty one minutes
after five Bridge bought with Adam coopan now the Black
Cats of Boston, England at him.
Speaker 4 (10:49):
Yeah.
Speaker 7 (10:49):
Pretty disappointing, Ryan Morning, Yeah, not not a great sort
of start to this, you know, much anticipated series. And
I think what's probably most frustrating for from a New
Zealand perspective on this one is is that the hosts
there in christ Church since Thursday, certainly had their chances
and had their opportunities to capitalize on a pretty evenly
poised tests, you know, which it was for at least
(11:10):
the first couple of days. And I think the real
takeout from that was eight dropped catches in that first
innings of England they managed to get four hundred and
ninety nine, which you know, compared to New Zealand's three
hundred and forty eight first innings. That's where the Test
was won. And when there's eight dropped catches in the innings,
it's more than just coincidence, it's more than just chance.
Speaker 2 (11:30):
So yeah, pretty disappointing.
Speaker 7 (11:31):
This black Caps team at one point in the last
of five six years, have been you know that the
world leaders in fielding. It was one of those aspects
of New Zealand's game that made them, you know, sit
right at the top of the world cricket standings and
be competitive. So pretty worrying to just to see how
many catches were dropped by the black Caps there, and
(11:52):
you know, England just just were able from that moment
to guide through, didn't have to take too many risks
and wrap up a very comprehensive eight wicket win over
New Zealand. So two tests to go, so still winnable
for New Zealand. Starts next test starts Wellington on Friday.
All right, what's happening with the IF one in Qatar?
Speaker 2 (12:08):
Apparently Liam Lawson's been that we was up and then
he was down and then was up again.
Speaker 7 (12:12):
Has it looking Yeah, he's sort of sort of holding
that sort of seventeenth spot where he started on the grid.
Been watching actually very closely what happened at the starting
grid obviously, But a controversy yesterday and qualifying with Maxwist
up and posting the fastest time but then getting a
backup place behind George Russell for a bit of a
confrontation they had there. But maxwist stuff and pretty much
(12:32):
took the lead from the second turn of the race
very early on. Took him about seven or eight seconds
to get back in front. Looks like Lando Norris actually
was going to have the lead from thirty He momentarily
got there, but Maximist up and showing his class early.
But you're right, all eyes on Liam Lawson here. You'd
hope he will be able to make up some places
and get a slightly better score.
Speaker 2 (12:53):
With just two races to go this season, certainly would Adam,
thank you very much for your time this morning. Great
to have you on the show. Was always twenty three
after five, Adam Cooper's be sport coming up. Kay Oliver,
our UK europe correspondent. Why while they're cracking this is
the Labor Party over there cracking down on migration after
it was around twenty thousand illegal immigrants across the channel
since Labor took office. That was only in July. I
(13:13):
remember twenty thousand since then, so we'll look at that.
And then just before six o'clock Stuart Nash, the Form
Labor Minister on their conference at the weekend.
Speaker 1 (13:22):
The Early Edition Full show podcast on iHeartRadio.
Speaker 3 (13:26):
How it by News.
Speaker 2 (13:26):
Talks, it'd be you're on news Talks. There'd be twenty
five minutes after five. Politics is largely about trust. When
you break it down to its most simple terms, it's
about trust. If you see a bloke or a woman
on the tally trying to get your vote, you try
and work out what sort of person they are. Do
they think like me? Are they smart? Are they thick?
(13:47):
Can I trust that they'll make a good decision in
an important time. It's a magic thing that takes a
lifetime to earn, in a second to plunder. And so
as the Labor Party faithful filed in for their annual conference,
scaring up for another year and then probably another term
and opposition, you'd have to stay on balance. Voters will
be thinking about well, actually, voters won't be thinking about
(14:09):
anything to do with politics right now because we're mid cycle.
It's way too early. It's like threshing over a birth
before you're even pregnant. You know, it's just way too
in the future. But when they do, they will ask
whether they can trust Chippy Like a sugar daddy Santa.
He was doling out the cash quicker than you could
rake it in at the weekend. A full priced new
(14:31):
hospital Internedin. How much exactly will it cost? Well, we
don't know, but we don't care. They're getting it, saying
what goes with the rail enabled fairies. They're on their way.
The price was in the billions for the landside parts
of that doesn't matter. It's happening. How are you going
to pay for all of that is the question when,
as we learned last week, our growth outlooks have been downgraded.
(14:52):
Nicolas is hinted at a when we find out finally,
when we get the Hayfu numbers, that we'll probably be
looking at it push the surplus even further out into
the future, which makes you wonder whether it's ever even
going to happen. Ever, no matter who's in government, it's
that bad. So how do you spend all that money,
(15:13):
commit to spending all that money, commit to reversing all
the cuts that nationals made as well, and then still
balance the books. It's like wizardry, and that's where trust
comes into it. After sixty years, Labor lost the country's
trust on many issues because, as many people have said,
they couldn't deliver a pizza, or run a bath or
(15:35):
pick your you know, pick your number of metaphors. They've
been quiet on tax for now, but the remit did
pass at the election. So the question is where the
Labor should at this point be promising much in the
way of anything to anyone when they've lost so much
capital on delivery twenty eight after five, Ryan Bridge is
(15:57):
the numbers to text. We'd love your feedback on that
this morning, if you were watching any of the coverage
over the weekend or maybe you're out enjoying yourself. Actually,
I have to say a quick little shout out to
all of the parents this morning who are tuning in
to news talks, he'd be, and who are taking their
kids to rowing and to swimming lessons. I was in
(16:19):
Russell at the weekend up in Northland and bumped into
a few of you. It was lovely to meet you,
and apparently this is quite a big thing, and I
think good on you because you're probably going to make
your children into wonderful human beings by making these sacrifices.
And if you are the child listening to this right
now in the car, just thank mum or dad because
it's very early in the morning to be awake and
(16:41):
they obviously love you very much, so just say thank you.
Twenty nine after five News Talks heed Be.
Speaker 1 (17:21):
News and Views you trust to start your day. It's
early edition with Ryan Bridge and Smith City, New Zealand's
furniture bids at a client store.
Speaker 3 (17:30):
News Talk sid BE.
Speaker 2 (17:44):
Good Morning New Zealand, twenty four minutes away from the
sixer on News Talk sid Be on Ryan Bridge. Welcome
to your Monday morning. I hope you have a fantastic week.
I know you haven't spent all week and thinking about
Donald Trump and as tarriffs. But if you needed any
evidence that it is for him just a huge negotiating tactic.
He is overnight threatening one hundred percent tariffs on bricks countries,
(18:08):
now bricks countries. It's a group of countries. They held
their meeting in Russia a couple of months ago. You
might remember that. It's it's Mexico, it's China, it's Russia,
it's Ethiopia, emerging countries. Anyway, he's saying, if you guys
create your own currency to counter mind, I'll whack you
with one hundred percent tariff. Is that ever going to happen? No,
(18:31):
but you know it's a bargaining tool. Which brings us
to Chris Hipkins, the labor leader who has ruled out
joining ORCUS and says in his press release, we are
proud to stand apart in lead the world and being
nuclear free. That is not going to change. Excuse me,
it wouldn't change even if we joined ORCUST Pillar two.
(18:51):
That is a military technology agreement. It's like the b
version the booby prize to the main event, and even
that Pelawana Orcas is about nuclear powered submarines, not like
you know, you're not hosting like a nuclear facility. You're
not Cuba during the Cold War. You know the number
(19:13):
to text. We get to Stuart Nash on.
Speaker 3 (19:14):
That before six, Bryan Bridge.
Speaker 2 (19:16):
And we're going to our reporters around the country callen
proctors into the need in this morning, callen, good morning
to you. A promise there from the Labor Party to
build the Dunedin hospital as promised.
Speaker 8 (19:28):
Yeah, it's got everyone's attention down here. This from the leader,
Chris hip Cons yesterday making this pledge while speaking at
Labour's annual conference in christ Church. Our Mayor Jules Raddick's
been quick to respond. He says the opposition's pledge is reassuring.
Jiles Raddick's hopeful that it will push the current government
to get.
Speaker 2 (19:47):
On with the job.
Speaker 8 (19:48):
Meanwhile, tomorrow Ryan twenty Southern Santas are preparing to visit
Parliament Grounds to deliver Dunedin's Christmas wish list for its
promised hospital.
Speaker 2 (19:57):
That's a good photo. What how's your weather?
Speaker 8 (20:00):
Most of the cloudy but fine breaks morning and afternoon.
Easterly's high of eighteen today.
Speaker 2 (20:04):
Thank you very much, Clears and christ Church. Clear. The
coronial in quest into the death of a Christ Church
father during a charity boxing bout begins today.
Speaker 9 (20:13):
Yeah, Ryan, It's been six years since Caine Parson died.
That was back in November twenty eighteen. He was knocked
out during what was called the Fight for Christ Church event.
This was an event all about raising money for a
children's charity. The thirty seven year old was not wearing
headgear at the time, which was only optional. The coroner
will seek to establish the circumstances which led to Parson's
(20:36):
death and also find ways to prevent similar tragedies from occurring.
The inquest begins today. It's scheduled to run until Friday.
Speaker 2 (20:43):
All right, clear. How's your weather?
Speaker 9 (20:45):
Mainly fine to start the week. Some areas of low
cloud this morning and evening, northeasterlies and a high of
nineteen brilliant.
Speaker 2 (20:50):
Thank you Maxis and Wellington max Daughter. Doors scammers are
an issue. What's going on here?
Speaker 4 (20:57):
Yeah?
Speaker 10 (20:57):
Police a warning about a couple of people going door
to door in the hut posing as tree trimmers. They
speak to whoever opens the front door. They distract them
while they have accomplices scope out their properties, likely targeting older,
more vulnerable people. One person posted on social media about
the thieves trying to steal some pigs from their back garden.
(21:19):
Police are investigating. The investigation is in its early stages,
but there have been reports of this. Tour Tree Services
is the name of the fake company, last seed in Appahad.
Just be wary of anyone going door to door, I suppose.
Speaker 2 (21:31):
Right, So they're not I mean, they're not really scammed
their thieves essentially, aren't they exactly?
Speaker 10 (21:35):
So yr scammers is probably a term used by police
that's made it into our story, but the thieves would
be a fairer description, that's right.
Speaker 2 (21:42):
All right. So just well you just don't ounce your
door to anyone really well, I mean that's probably a
bit much. Pigs.
Speaker 10 (21:49):
Pigs is an odd thing to try and steal from
a garden as well. Yeah, not very inconspicuous. It's all
going on there. How's the weather partly cloudy? Northerly's twenty
to the high Central.
Speaker 2 (21:59):
Thank you Michael Siegel's in Auckland. Mike could have obtamed
some exclusive new numbers on bus fair evasion in Auckland.
Speaker 11 (22:07):
Yes, transport officers caught twelve seven hundred fair evaders over
the past six months, issuing infringements to four point eight
percent of them and warnings to another two point four percent.
At estimates, fear evasion makes up about three percent of
all journeys now, which is roughly a million times in
the past six months. So you probably have a higher
chance of winning Lotto Division five, six or seven the
(22:27):
naturally facing enforcement action if you don't pay your bus fare.
At says most fear evason is by school students and teenagers,
but it doesn't tolerate fair evation, and it's been using
data to deploy transport offices where fair EVAs is worse,
and the numbers suggest that's actually proven quite effective. And
the routes for those with the highest rates of fair
evation route thirty three, the Route eighteen, and the route thirteen.
Speaker 2 (22:51):
So how many times has this happened? A million instances
over the past six months?
Speaker 11 (22:57):
Well, based on eight's figures, it's about three percent journeys,
which would be about about that many good times maybe,
and they are only chasing up what did you say,
four point eight So of those that get caught, about
four point eight percent end up facing enforcement action.
Speaker 2 (23:12):
So it's happening a lot, and then in.
Speaker 11 (23:14):
Less than five percent of those that get caught actually face.
Speaker 2 (23:17):
Well, why would you stop, said when you don't have Yeah,
when you're not getting caught. How's the weather today?
Speaker 11 (23:24):
Might mainly find apart from some areas of want to
cloud the high twenty five to good numbers?
Speaker 2 (23:28):
Did they say they wanted to fix that or did
they just yeh?
Speaker 11 (23:31):
So, I mean they've because they've got transport officers out there,
you know, so they're trying to put them where where
the problems were. So for example, Route thirty three, they
managually bring down the numbers on that particular route quite
significantly just by targeting them where they know it's worse.
Speaker 2 (23:47):
Interesting, all right, thank very much, Michael. Michael Suga with
US and Auctrom of that exclusive story. Just gone eighteen
minutes away from six, Y're on news Talk, said be
Stuart Nash on Labour's conference over the weekend just before six,
and we're live to the UK next, You're on News Talk.
Sere B Milford has been recognized as a Responsible Investment
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Speaker 1 (25:00):
International correspondence with Insigneye Insurance, Peace of Mind for New
Zealand business Right sure.
Speaker 2 (25:07):
Nation, Just a moment right now, Kay Oliver, our UK
Europe correspondent k Good morning to you, a defiant Mastershift
judge going nowhere over.
Speaker 12 (25:15):
There well absolutely, good morning to you Ryan and just
to say, it seems it's a case of out of
the frying pan, straight into the fire for Greg Wallace.
He has posted a defiant online video which basically, over
these claims of inappropriate conduct, he is pointing a finger
at middle class women of a certain age. Now, he's
(25:40):
also said that he over nearly twenty years, has worked
with perhaps four thousand contestants and this is a tiny
minority of these women who are making these allegations of
inappropriate language and misogyny. And it would be perhaps a
question to be answered as to why at this stage,
(26:00):
if we're talking about crisis management, he has gone out
and put this online so that now millions of people
can see this rather defiant backlash coming through. There are
questions being asked right left and center about this one,
including claims from another male former contestant that Master Chef
(26:22):
has a very toxic atmosphere and that what is being
said about Greg Wallace is really the tip of the iceberg.
The BBC are launching investigations right left and center. But
this seems to be a story that's going to run.
Speaker 2 (26:35):
And run at the moment here, Goodness may what about
the crackdown on the promised crackdown on migration from labor.
Speaker 12 (26:43):
Well, we've been hearing about this promised crackdown since they
came into office in July, and it seems that numbers
today have revealed twenty thousand small boat crossings since July,
with no sign of it really letting up. Ryan Now
Labour's Pat Sadden speaking today. He's a government minister. He
has promised that the government is determined to tackle this issue,
(27:08):
but when christioned would really not give a target figure
for the numbers, So there is no specific number that
they're going to talk about. However, we do know that
last week there were figures revealed by the Office of
National Statistics that shows under the Tory watch, up until
June twenty twenty three, nine hundred thousand people came into
(27:32):
this country. And the feeling is that if these numbers
continue to grow like this, by the year twenty forty six,
we will have fifteen extra cities the size of Birmingham
needed to accommodate all the people that are over here.
So obviously this is still very much a political hot
(27:52):
potato as we wait to see what action they will take.
Speaker 2 (27:56):
Certainly sounds like AKA, thank you very much for that
k Oliver our UK, your correspondent to gone eleven away
from six Bridge. So big Labor Party conference in christ
which at the weekend. Rail Yes, you're getting your rail
and able the ferries across the cook straight the need
and you're getting your hospital. Everything that was promised. The
cuts they will reverse them. So how do you get
back to surpus? How do you balance the books?
Speaker 13 (28:18):
I'm absoluently confident we'll be able to put out a
fiscal plan before the election as we always do. That
shows that all of the commitments that we are making
will be able to pay.
Speaker 2 (28:26):
For on tax. Yes they did discuss tax, but like
fight club, you don't talk about what you're talking you
don't talked about the.
Speaker 13 (28:32):
Remits process feeds into a policy process that will result
on us producing policy before the election.
Speaker 2 (28:38):
So it did pass the tax remit. Joining us is
former Labor Minister Stuart Nashda. Good morning, good morning, right,
how are you?
Speaker 4 (28:45):
Yeah?
Speaker 2 (28:45):
Really good? Thank you? Good to have you on the show.
What did you think yesterday the call around Orcus which
I would have thought you would want to leave it
up your sleeve as a bargaining chip, wouldn't you rather
than rule it out, You'll leave it.
Speaker 4 (28:58):
You're willedly out at the moment. You know has always
been very much about for an independent foreign policy. You
wouldn't take it after the US and UK at the moment,
would you really? I just think you'd know, you'd rule
it out and see what happens.
Speaker 2 (29:12):
What about the tax, I mean, it's obviously the remit
has passed, but there's a lot of water to go
under the bridge. What's your pack of how they will
how they will offer this tax increase will be to
capital gains or whatever.
Speaker 4 (29:25):
Yeah, as far as I'm aware, there are probably two
people in the country who don't believe we need a
kepital gains tax. One of them is Nichola Willison. The
other one is Chris Luxon. I think everyone else, every
sensible economists, the business around tabor talk about it. Now
your major agencies are saying we need a capital gains tax.
You know, we tax labor, we don't tax capital. Just
doesn't seem right. So you know, when the reporter and
(29:47):
the stand up asked, how are you going to balance
the budget or how are you going to meet all
your physical obligations? Well, it will probably be through some
form of capital taxation, which is necessary and everyone agrees
it is.
Speaker 2 (29:58):
Yeah, but so that's interest. So you don't think they
will offset it, because this was the thing that Bill
English did so well right with the GST. You off
city say well, we are going to increase taxes here
or introduces tax here, but we will cut taxes here,
which means it's physically neutral, which doesn't address the wider
issue that labor has, which is how do you afford
all the stuff you promise?
Speaker 4 (30:19):
Look, I think there'll be a measure a bit of
both have any sort of capital gain tax, and I
don't think there'll be a wealth tax that's just nothing.
But any form of capital gain tax will will be
offset in either taxes and labor or tax for business,
for example, through accelerate depreciation, which is something we do
the hell of a lot of work on. Or what
you do do is you use a little bit of
(30:39):
it to pay off debt, because theres a lot of
debt around at the moment. I find Nikola that makes
me smile when she talks about labor spending. She has
spent more in last year's budget than labor spent in
any of its six budgets. When we were in government,
so she's lost all her credibility. So it makes it
easier to introduce something like this because, as mentioned, Nicholas
just lost her credibility when it comes to fiscal and
(31:01):
economic methods.
Speaker 2 (31:02):
Well, I mean, yeah, you could argue the books to
deteriorating and that's out of her control, et cetera. Blah
blah blah. Look, but you guys said the same.
Speaker 4 (31:09):
The fourteen billion dollar text cast.
Speaker 2 (31:13):
Anyway, Hey, just before you go, will be the leader
at the next election? You reckon.
Speaker 4 (31:18):
I have absolutely no doubt if he wants to be
the leader, and I'm assuming he does because he's sort
of he's engaged, his passed. Look, the main goal of
a conference one year out, one year after an election,
two year out from an election, is to send the
faithful way believe in that the party can win the
next election. So it's got to be upbeat, it's got
to be it's got to be positive. And I think
(31:40):
this this was You know, you've got a prime minister
who is the most unpopular prime minister one year out
from an election that you've ever had, and I think
Labors a Lady's doing quite well. I think the supporters
will have walked away going yeah, we could do it.
You can't mind the lady. It's not about pat coalition parties.
(32:02):
The laborsos will have walked away, Bacon beat National. That's
the main goal. Out of the ellect, out of the Campik,
out of the Sorry conference.
Speaker 2 (32:09):
It's great to have you on the schag now for love,
mister just gon on seven away from Sex News Talks, heb.
Speaker 1 (32:15):
Ryan Bridge you for twenty twenty four on early edition
with Smith City, New Zealand's Furniture Beds and a playing
store News Talk SIBB.
Speaker 2 (32:25):
Good morning, it is four minutes away from Sex News Talk,
said b. Welcome to your Monday morning Mike's in the studio.
Good morning, Mike morning.
Speaker 14 (32:32):
Did you watch on Friday? And we should be covering
this more and this is a lesson why you launch
stories on Friday. The bloke with his extendable pointer who
is the head of the navy, oh no, in front
of his whiteboard, tapping to a thruster on the left
and a thruster on the right, explaining to us when
(32:52):
auto pilots on the thrusters don't work, so we.
Speaker 2 (32:55):
Just need to cancel autopilot in New Zealand.
Speaker 14 (32:57):
It's like, are you at how how many ships need
to crash? Well, there'll be planes neck before somebody. Well
that's the point, doesn't it. I mean, yeah, they run
on an auto plant. What part of auto pilot is
it that confuses so many people in this country?
Speaker 2 (33:12):
And what does it say about us? Do you know
why I missed that much? Why did you miss it?
Was piloting my own vehicle at the week.
Speaker 14 (33:18):
Piloting your own vehicle.
Speaker 2 (33:19):
Did at three point three killing me to swim from
pie Head to Russell?
Speaker 4 (33:23):
You did not?
Speaker 2 (33:24):
I did on a boat. You actually swam. I swam
in what time? On autopilots? It was sixty two minutes?
Is that good? It was one hundred and forty nine
out of three hundred people.
Speaker 4 (33:35):
So no.
Speaker 1 (33:39):
For more from Early Edition with Ryan Bridge, listen live
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