Episode Transcript
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Speaker 1 (00:01):
The issues, the interviews and the insight. Ryan Bridge on
early edition with ex Pole Insulation keeping Kiwi Holmes Warm
and tray. This winter news talk.
Speaker 2 (00:11):
Sa'd be good morning at a.
Speaker 3 (00:12):
Six after five. Welcome to your Wednesday. Great to have
your company unemployment. We'll get a number out this morning
on that meant to be the peak unemployment right now.
Speaker 2 (00:21):
But what about labor market hoarding?
Speaker 3 (00:24):
Have you heard of that? We'll discuss before six this morning.
Gavin Graham the UK. This one in, one out policy
on migrants starts today.
Speaker 2 (00:32):
AI is going to be marking our kids exams. We
will look at that. The foreshore and.
Speaker 3 (00:35):
Seabeds back and China's evs may be about to get
more expensive. If you were thinking of buying a BYD
anytime soon, we'll talk about that too. And NETT and
Yahoo will stay across this meeting on potentially completely taking
over Gaza.
Speaker 1 (00:52):
The agenda.
Speaker 2 (00:54):
It is Wednesday, the sixth of August.
Speaker 3 (00:55):
Remember the Titan sub, the one that exploded with the
billionaires on board. Well, the us cocard's final reports come
out absolutely scathing against ocean Gate, critically flawed safety, skipped inspections,
toxic culture.
Speaker 4 (01:10):
Five people died on that dive. One of them was
the CEO Stockton Rush. This report says that had he
been alive, they would be making a recommendation to the
Department of Justice to consider opening a criminal investigation into
his behavior and the way that he ran oceangate.
Speaker 3 (01:26):
We are now waiting this morning for an Israeli government
security cab at meeting NITYA, who reportedly behind the scenes
pushing to fully reoccupy Gaza.
Speaker 2 (01:36):
Not everyone obviously's on board with that.
Speaker 5 (01:39):
US has really been decimated in honor have any command
and control. They's surely not in a position to threaten Israel,
and that's why the idea does not support this mission.
The Chief of Staff has been openly opposing it, and
that's because the purpose really seems to be to destroy
all the infrastructure and all the homes in Gaza and
drive everybody out of the country, and that's really not
a valid military objective.
Speaker 2 (01:58):
To the US.
Speaker 3 (01:59):
This weird between Sydney's Sweeney and Donald Trump. The white
Lotus Stars My Jeans are Blue ad.
Speaker 2 (02:05):
For American Eagle.
Speaker 3 (02:06):
If you haven't seen it it's online, sparked a backlash
over race and beauty standards. The brand says chill out.
It's just about denim jeans. Trump's jumped in calling it
the hottest ad out there.
Speaker 6 (02:18):
If Sydney Sweeney is a registered Republican, I think her
ad is fantastic.
Speaker 1 (02:25):
Get ahead of the headlines on early edition with Ryan
Branch and ex Fole Insulation keeping Kiwi Holmes warm and dry.
This winter news talk, sa'd.
Speaker 2 (02:34):
Be good morning, just gone eight after five.
Speaker 3 (02:36):
Isn't it funny when he goes after he's going after
that poor woman who's running the labor or she's no
longer running the labor Bureau of Statistics or whatever it
is over in America. She puts out a report revises
down as jobs numbers.
Speaker 2 (02:48):
You're fired. This poor woman.
Speaker 3 (02:51):
She looks like, you know, one of those sort of
geeky bureaucratic types, just crossing her t's and dotting her eyes,
minding her own business, doing her job, and then boomb,
she's fired, been called a partisan hack. Now let's go
to Israel. So this is really interesting. What's happening at
the moment. There is a meeting of the Security Cabinet
that's supposed to be happening keeps getting delayed. So the
(03:14):
question is, what is Netna, Who's next play? He's losing
favor with the Internet. No one's trusts him. Well, I
mean America still does obviously, but in public opinion, you'd
have to say, watching your six pm news and seeing
the to be fair, the hostages too, who are frail
and not clearly not eating, but also people in Palestinians
(03:37):
in Gaza who are starving look to be starving. I mean,
the appetite for this continuing hasn't got much left to run,
has it. So what's he going to do? That's the question.
And he, apparently, along with his some of his government ministers,
has been briefing the press over in Israel saying we
are now seriously going to take over and occupy fully
(04:01):
occupy Gaza. Senior military officials apparently are breaking ranks with this,
saying well, actually, if you do that, then you put
all of the hostages who are left still being held
by Hamas, you basically consign them to death. There's a writer,
this is for a local magazine, a military affairs commentated
(04:23):
there who says hostages will die, large numbers of Israeli
defense full soldiers will be killed, as well as a
serious logistical problem for the Israelis. We're to house roughly
a million civilians who are now in Gaza City. Currently,
Israel simply doesn't have legitimacy either to continue to fight
(04:44):
in Gaza or to establish a city of refugees on
its ruins. So that's where we're at this morning and
this meeting. Apparently there'll be a presser afterwards.
Speaker 2 (04:54):
Afterwards we will.
Speaker 3 (04:55):
Find out exactly what Netanyahu's thinking, and then we will
wait for a response from the rest of them world.
Speaker 2 (05:01):
You know who's going to back that.
Speaker 3 (05:03):
Eleven after five News Talk SIB, we'll look at this
marine and coastal areas at change coming. The government's moving
forward with the changes despite what the Supreme Court ruling was.
We'll look at that. Next news talk SeeDB.
Speaker 1 (05:15):
News and Views you trust. To start your day, it's
Earliership with Ryan Bridge at x fol Insulation keeping Kiwi
Holmes warm and dry.
Speaker 2 (05:24):
This winter News Talks B five thirteen.
Speaker 3 (05:26):
The Global dairy trade auction overnight up point seven percent,
which is good, and whole milk powder, which is our
big ticket item, up two point one percent, which is
also good. Skim milk powder up point four percent. But
you will be pleased to know dips a three point
eight percent, and this comes after ainsaid yesterday. I don't
know whether you saw this, but the commodity price index
that they released this is for July over June fell
(05:49):
one point eight percent. Dairy prices weighing on that we've
had a couple of bad auctions over the last three while, however,
they are still way above where they would normally be,
in fact ten point seven percent. This is commodities generally
ten point seven percent higher than a year ago, which
is great in what's keeping things moving, keeping the lights on.
Dairy price is often ease at this time of year
(06:10):
because there's the new season production ramping up, spring coming,
all of.
Speaker 2 (06:14):
That sort of stuff. So I'm not a bad result for.
Speaker 3 (06:16):
Us this morning, just gone fourteen after five, Bryan Bridge,
we're back in the hot waters of the foreshore and
seabed debate. The Government says it'll move ahead with changes
to the Marine and Coastal Areas Acts as part of
the coalition deal it has with New Zealand. First, we've
spoken about this before. It follows the Supreme Court ruling
which basically throughout the proposed changes in December last year.
(06:37):
Harry Clatworthy is a barrister at Tamata Law and represented
NATI to Whehi's foreshore and seabed claim at the High Court.
And he's with me now, Hi, Harry, good to have
you going.
Speaker 2 (06:48):
Yeah, good, thank you.
Speaker 3 (06:49):
This is all about defining customary title, isn't it? Can
you just cut to the chase with us what exactly
is going on here?
Speaker 7 (07:00):
It is about defining customery title. Essentially, what the government
has done through these amendments is make it harder for
Marty to have their customery title recognized through the courts.
Speaker 3 (07:10):
And they're going to make sure that that stays. It
stays that way, basically, aren't they?
Speaker 7 (07:16):
That's the plan. This new amendment will basically make the
test harder for Marty groups, particularly Marty groups who who
have areas of interest that are in higher areas of
third party use. So Auckland Totonger areas with his development
and there's a lot of third parties using their area.
They're basically trying to make it so they don't pass
(07:39):
the test to have customary title or customer rights awarded
in those areas.
Speaker 3 (07:43):
Because you had to prove that you had continuous and
exclusive use of an area since eighteen forty, basically didn't you.
Speaker 2 (07:52):
That was what Key.
Speaker 3 (07:53):
Brought in, and so that courts softened that slightly, which
is what this government's got a problem with.
Speaker 7 (08:01):
No, so that still.
Speaker 8 (08:03):
Has to be proved.
Speaker 7 (08:05):
So continuous use and occupation without substantial interruption since eighteen forty,
and really what that actually means is, you know, a
massive legal gray area. Of course every group, there's of
course some interruption to the use of the ocean by
(08:27):
any group. What this new amendment has done is basically
make it easier for the Crown to prove substantial interruption.
So there's a lower bar for there to be substantial interruption,
which basically extinguishes the customary title.
Speaker 3 (08:41):
How many actual cases do you think we could be affected?
Speaker 2 (08:45):
How many claims?
Speaker 7 (08:48):
It's hard to say. There's about two hundred claims out there,
and so far nearly all of them have been successful. However,
the areas and the really high developed parts of the
country are yet to go all the way through five days,
about halfway through, so I would say at least at
(09:09):
least fifty or more are going to be affected by this,
if not more. All of them will be affected, and
all apart from the seven that have already been confirmed,
so they'll be all right. But the rest of them
are gonna have to either be reheard or meet this
new and updated test. But that's hard to say before
we get some decisions from judges because at the end
of the day, they're the one to interpret the law.
Speaker 3 (09:31):
Harry, what do you get if you can prove customer title?
What does that actually mean? Can you go and use
the foreshore and c bed and no one else uses it?
Speaker 2 (09:39):
What does it mean?
Speaker 7 (09:39):
No? No, no, So look, at the end of the day,
as Mary, we say, you don't get, you don't get
a whole hell of a lot. There's a big misconception
and a lot of public fear around Mary going to
stop people going to the beaches they're going to, you know,
basically cut off that the ability of non Mardi to
(10:00):
use the waner, which completely isn't true. There is all
navigation excess and fishing is completely protected under MACA.
Speaker 8 (10:08):
Basically, what groups have the ability to do is.
Speaker 7 (10:13):
Turn down resource management consents. However, there's a big exception
for accommodated activities, which is pretty much everything except basically
private resource consents in the area. Mildy have the ability
to veto.
Speaker 3 (10:27):
Those fascinating Harry, thank you, thank you for that. Appreciate
you coming on the show this morning. It's Harry Clattworth,
a barrister at Tamata Law, also represented NATI to where
his foreshore and CBA claim at the High Court. So
it's not like if you get customery title, you own
the beach and everyone else can buger off.
Speaker 2 (10:44):
But it does.
Speaker 3 (10:45):
I mean that's a significant pal. It's about to turn
down or prevent a resource management consent from going ahead.
So the government's basically moving to show this up the
foreshore and cebe. They don't want to repeat of that.
Will there be a big protest and pushback A he well.
Speaker 2 (11:00):
The Marti part to five. Marty is certainly talking about
that in the last twenty four hours.
Speaker 3 (11:04):
Nineteen after five here on News Talks Here b next
it's Ai marking your kids homework.
Speaker 1 (11:09):
Bryan Bridge on early edition with ex bowl insulation, keeping
Kiwi Owes warm and try this winter News Talks a.
Speaker 2 (11:17):
B five twenty one.
Speaker 3 (11:18):
Dave says Ryan, it was John Key and Chrisphin Lason
HR allowed Marty to contest the beaches and the foreshore
and the sea beard open up a real can of worms. Ironically,
Helen Clark wouldn't have had a bar of it. Yeah, Dave,
you're right Helen Clark. Actually, we've got in touch with her.
She's got something to say on it. We'll mention that
later in the program. Right now, Education Minister Erica Stanford
announcing that school exam marking will be aided by the
(11:42):
use of AI, taking the responsibility away from teachers.
Speaker 2 (11:46):
Are we opening a can of worms here?
Speaker 3 (11:47):
Danny Biddingfield is a learning development and AI specialist at
Cyclone Computer Company, joining us this morning.
Speaker 2 (11:53):
Danny, good morning, Oh, good morning, How are you good?
Thank you? Would you trust AI to mark your kids exam?
In a nutshell?
Speaker 7 (12:03):
No?
Speaker 4 (12:03):
No.
Speaker 9 (12:03):
Look, I do a lot of work with alongside teachers
and businesses around the use of AI, and there's a
lot of really great things that it can do to
save us time. But I've got real concerns around transparency
and around ethical use of AI, particularly the privacy area
as well, and i just feel like using it to
mark student work is really crossing a barrier that we
(12:24):
don't want to go to.
Speaker 2 (12:25):
What's wrong with that?
Speaker 3 (12:26):
Because in my mind, I mean there's things like maths
and science presumably be pretty straight up and down English.
Maybe if there's a you know, an essay writing competition,
it might not be as as workable, But what are
the what's wrong with AI doing it?
Speaker 9 (12:41):
Well, the main problem I've got at the moment is
that all the AI sort of tools that we're using
are generally based on overseas data or overseas large language models,
and the problem of that, of course is they're not
based on anything to do with New Zealand. And New
Zealand's a very unique country to buy multicultural situation. You know,
obviously we've got the Treaty of White Tongue and so on,
(13:01):
and all these things are not taken into consideration in
the AI models that we're currently using, so you know,
we'd have to look at developing our own models in
here in Altiola to make them more suitable to the
data that we're hoping to mark student work. And then
there's the whole idea around transparency with students and things
as well, which is just really really concerned.
Speaker 3 (13:21):
For me, things like maths and science, though nothing to
do with the treaty, quite universal and same everywhere.
Speaker 2 (13:29):
No, yeah, no, I agree.
Speaker 9 (13:31):
There, but we're using tools right now you know, you
can create forms and things on most Google and Microsoft
tools that we use in schools that will just simply
mark you know, kind of multi choice questions and things.
That's fine, we don't need.
Speaker 2 (13:43):
AI for that.
Speaker 9 (13:45):
You know, where they're going to be using AI is
for judging tools or judging assessments that, as you say,
like essays and things that have a lot more complications
within how you judge whether they are and achieved or
a mirror or a past or whatever they're going to
come up with within you marking systems.
Speaker 2 (14:01):
Okay, Danny, interesting, appreciate your time this morning.
Speaker 3 (14:03):
Danny Beddingfield, Learning development and AI specialist a Cyclone computer
company on Newstalk SB it is twenty four minutes after five.
We'll have more on the NCAA in the marking and
the Prime Minister using AI to help with his job.
People aren't happy about that.
Speaker 1 (14:16):
All ahead the early edition Full the Show podcast on
iHeartRadio powered by NEWSTALKSB.
Speaker 3 (14:23):
News talksb it is twenty six minutes after five. The
future is here, ladies and gentlemen. AI is taking over.
There's a team of robots kept alive in some giant
warehouse with tons of electricity. Right now, whirring away, beavering
away on the world's big problems. AI will soon be
marking our students' exams, according to Erica Stanford, the Swedish
(14:45):
Prime Minister, overnight, admitting he uses AI for a second
opinion on running the country on a daily basis. AI
architects are in high demand. They've been snapped up like hotcakes. Yesterday,
Meta apparently offered an AI researcher to hundred and fifty
million US dollars over four years. AI engineers are apparently
(15:06):
paid upwards of two and a half million bucks a year.
The big tech companies are investing billions. The efficiencies are real.
AI is changing the world, one data center at a time.
So the question for us what do we do about it.
Some of the teachers are upset because they don't trust
AI to mark exams, but really we shouldn't trust the teachers.
According to the Ministry of Education, I've got no reason
(15:27):
to disbelieve this AI is at least as good as,
if not better than, teachers at getting stuff right. Awkward,
there's some stuff so nuanced you will probably need humanized
to be across it, but that would be the exception
surely in marking NCAA exams, not the rule. As for
the Swedish Prime Minister, he's copying flak for not being
(15:47):
able to do his job without the help of a robot.
But you still need to use judgment, don't you. You
can't just punch into AI. Should I go to war
tomorrow and then blindly follow? The answer? Is AI not
the mental equivalent of a forklift, a tool, a machine
doing the heavy lifting for our brains. We don't have
(16:08):
problems with forklifts, do we. They're helpful, they're useful. The
reality is it doesn't actually matter how we feel about
AI and the moraled one thousand moral dilemmas that throws
up like mobile phones, like the internet, smartphones and then
social media. It's one of these phenomenon that takes over
(16:29):
our lives, whether we like it or not. The best
we can probably do is just get used to.
Speaker 2 (16:35):
It and get over it. Bread Rich, she talks. There'd
be nine two nine two is the number to text. Ryan.
Speaker 3 (16:41):
Students are banned from using AI, but it's okay for teachers.
Go figure, you know I do that is odd to me.
That is odd to me, But you have I suppose
you have to know. You have to know that young
people are learning the basics. You have to know the
basics before you can. You know, you need a foundation,
you need.
Speaker 2 (17:00):
Some building blocks.
Speaker 3 (17:01):
Hey, bunch of this is slightly related, which I'll bring
to you as we get back from News. But a
bunch of politicians in Spain are in a big pile
of hot water this morning because they've all been fudging
their cvs and some.
Speaker 2 (17:15):
Of the stuff they've made up is just outrageous. We'll
look at that.
Speaker 3 (17:19):
Also, latest property prices report from Coatality, our reporters around
the country and Gavin Gray in the UK with day
one of the one in one out Immigrant policy news
talk said.
Speaker 1 (17:30):
By the news you need this morning and the in
depth analysis earlier edition with Ryan Bridge and ex Bowl
insulation keeping Kiwi homes warm and dry this winter news
(17:53):
Talk said b.
Speaker 10 (17:56):
To see four minutes away from six year on News
Talks MB on.
Speaker 3 (18:06):
A Wednesday, and before six, we're going to hear about
the unemployment rate a lot today. It's meant to hit
five point three percent, but is that the peak? That's
what the government's telling us. What about labor market holding?
We asked that question before six this morning our UK
correspondent Gavin Grays with US Starmer's big plan to stop
the migrant boats and crossing the Channel kicks off today,
so we'll look at that if you are interested. Actually
(18:28):
there's two things I want to get across to you
this morning. One is about your house prices. The other
is about how many fish we got in the ocean.
What's going to happen to them when Shane Jones is
finished as the fisheries minister, Minister for Oceans and Fisheries,
so he has come out this morning just put out
a release, So making a couple of changes.
Speaker 2 (18:46):
Main thing is to speed up.
Speaker 3 (18:47):
And simplify your cat You know when companies have a
sustainable catch limit so you can't go after this certain
type of species of fish. He's going to speed up
and simplify that process. Our exports are worth one and
a half billion year and he says this should mean
if there are more fish in the ocean of a
certain species, you will be able to catch more, and
(19:09):
when there are fewer, then you'll.
Speaker 2 (19:10):
Be able to catch less. That's basically what he's saying.
Speaker 3 (19:13):
Also, you know on the fishing boats, how you can
now will you now have to buy law have cameras
on board. He is going to exclude that footage from
the Official Information Act. He says, this is because you
want to protect Fish's privacy, so they will no.
Speaker 2 (19:30):
Longer you will.
Speaker 3 (19:31):
Any member of the public could have requested the footage, checked,
the footage.
Speaker 2 (19:35):
Played the footage.
Speaker 3 (19:36):
We could as a media outlet do the same no
longer under the changes being proposed by Shane Jones this morning,
it is and I'll get to your property prices shortly
twenty two away from six o'clock, Ryan Bridge. Right, Let's
get to our reporters around the country and we start
in Toneedin this morning with Rosy Leishman. Rosy, good morning,
Good morning.
Speaker 2 (19:56):
Now a man's.
Speaker 3 (19:56):
Stretching two mayoralty bids across nearly a th kilometers of
the South Island.
Speaker 2 (20:01):
Who is this man?
Speaker 11 (20:03):
This is Andrew Clark, who has put his hat in
the ring to take over from his brother outgoing Invercargo
mayor Nobby Clark, who and he's also put his hand
up for the top job in his hometown of Tasman.
He's campaigning under different names in each district Andrew and
in Vicargo, and Maxwell and Tasman and Andrew says he
(20:24):
doesn't see an issue in the door bit, claiming that
he'd live in the southern city. He believes people should
be more open minded, saying it's more important about delivering
what the community wants.
Speaker 2 (20:35):
Which community, Rosie, that's the question, isn't it.
Speaker 3 (20:38):
Do you think Do you think he thought no one
would realize it was him running for both because using
different names.
Speaker 12 (20:45):
I don't know.
Speaker 11 (20:46):
I think he's just sort of like, look, either works
for me, guys. I've promised that I'm king for YouTube.
Speaker 2 (20:51):
How's the weather in Dneda today, Rosie.
Speaker 11 (20:54):
It's frosty this morning, but it's said to be fine
with a nice high cloud, light winds and a high
of twelve degrees.
Speaker 2 (21:00):
Last one, you have a good day, Clears in christ Church,
high clear, Good morning.
Speaker 3 (21:04):
North Canterbury residents expected to fill out the community halls.
Speaker 2 (21:08):
What's this about?
Speaker 13 (21:10):
Yeah, this is in relation to this story about potential
changes to rural police stations in Canterbury. It's a story
that's been bubbling around for a few days now. As
we know, police have been consulting internally with their people
and that consultations due to open due to close rather
next week. They're looking at possibly reducing some personnel at
rural stations. Now, it's important to note that the overall
(21:31):
headcount isn't necessarily going to go down, but it will
mean that the police and where they are located changes,
so they'll move from some of those rural areas and
those sort of single cop stations to be operating from
twenty four seven hubs in the likes of Dungi Order
and Rolliston. Federated Farmers has been very vocal in opposition
to this. They're hosting some public meetings starting tonight in
(21:53):
Colvidin and Leiston. There's another one planned tomorrow at Hanmas Springs.
Hudnui District Councilor Tom Davies says are already stretched in
these areas. He says there is the fear that there
will be a shortage of staff or an inability to
cope with major issues as they happen.
Speaker 2 (22:09):
All right, how'se to weather? They're clear a bit.
Speaker 13 (22:11):
Of fog about this morning, otherwise should clear to mainly
find with high cloud northeasterlies and a high of twelve.
Speaker 3 (22:16):
Thank you Max and Wellington. Haymax, good morning, A job
well done for your Crown observer.
Speaker 14 (22:22):
Apparently, Yeah, the Council's adult in the room these past
few months. Lindsay McKenzie wrapping up his stint as Crown Observer,
brought in by the government originally after a period of
turmoil at council relating to the long term plan. We've
seen his final report. I don't think it's published yet.
We've seen it a lot of praise for councilors coming
together on the budget on water investment, the next annual plan,
(22:44):
and some suggestions for how they deal with conflict in
the future and how these this sort of bickering impacts
everyone and impacts the city. We spoke to Local Government
Minister Simon Watts last night, very pleased with the process,
says further appointments will be made, would be made here
should things break down again and elsewhere. Not against using
(23:04):
a Crown observer in the future. Good value for money,
he believes, despite that thousand dollars a day salary also
worth mentioning. There is the first mayoral debate in Wellington tonight,
Andrew Little will be there, Ray Young will be there
and we will be there as well in case things
kick off.
Speaker 2 (23:19):
Well, that's exciting. When where is it? Where are they
having it? Location.
Speaker 14 (23:23):
I'm not exactly sure, but I am sending my reporter.
It starts at five point thirty.
Speaker 2 (23:27):
Okay, we have to change in. I'm sure he knows
where it is. Yeah, yeah, someone will. What's so where
they're doing mostly fine?
Speaker 14 (23:35):
Fourteen the High Central?
Speaker 2 (23:36):
Nice?
Speaker 3 (23:36):
Thank you, Hey, Neva, Greetings, greetings, good morning. You've got
an update on Takapuna, France.
Speaker 8 (23:42):
Joe.
Speaker 15 (23:42):
He's a positive story.
Speaker 2 (23:44):
Now.
Speaker 15 (23:44):
The Takapoona Business Association's revealed hospitality venues have had more
than ten percent increase in spending in June alone compared
to last year. Spending across retail and leisure also rowse
almost six percent in that same period. So the Association's CEO,
that's Terrence Harper. He says people are flocking over to
the new places making their mark, Like and I haven't
(24:07):
been there before, the Takapoona Surf Club.
Speaker 6 (24:09):
Have you been there?
Speaker 2 (24:09):
No, but I've heard. I've got friends who have been
there said it's great.
Speaker 15 (24:12):
Yes, And there's a new rooftop bar there, very fancy,
very fancy. People are going there. So you know, he's
saying this is fantastic, a lot better than you know
some of the central areas of CBD in Auckland. So
the North Shore doing very very well for itself, are lovely.
Speaker 3 (24:27):
Down there by the beach, there's a house and there's
a really rich, obviously really rich guy who's built a
massive house down there, and I just feel so sorry
for the people in the apartments behind him. Literally it's
a it's probably a fifteen meter high concrete wall. Oh really, Yes,
I imagine going from one of the most beautiful views
in the city, yes, to see the concrete wall. But
(24:48):
I mean if you don't buy the rights to the
air in front of your home then that will happen.
Speaker 15 (24:53):
My gosh, you burst my bubble for my positivity story.
Speaker 2 (24:58):
How's that with cloudy with the if you shower?
Speaker 15 (25:00):
Sixteen is a high here in Auckland today.
Speaker 2 (25:02):
That's funny.
Speaker 3 (25:03):
That Good to see you as always. It is seventeen
minutes away from six News Talk CBB. We'll get to
Gavin Gray and the UK next check out on checkout
Starma's immigrant policy is at working?
Speaker 2 (25:12):
Is it going to work?
Speaker 3 (25:13):
And I will give you those numbers on your house
prices and your house values soon.
Speaker 1 (25:17):
International correspondence with Ends and Eye Insurance. Peace of mind
for New Zealand business.
Speaker 3 (25:23):
Spots being away from six News Talk TIB we'll get
to the unemployment number with Michael Gordon from West Pekin
just a second right now, Gavin Gray are UK europe
correspondent with us Kevin.
Speaker 2 (25:31):
Welcome to the show.
Speaker 3 (25:32):
This one and one out migrant deal between the UK
and France begins shortly. What are they saying about it?
Speaker 12 (25:39):
Well, plenty of people skeptical it'll end in a positive
result that the number of people coming over to claim
asylum from the UK crossing the English Channel in small
boats illegally will drop. Others as saying that this isn't
going to work. It's a good idea, but it's not
gonna work. Why because we don't know right and how
(26:00):
many people the scheme applies to. There are theories and
reports that it might just be fifty to sixty each week.
Well at the moment, as of the thirtieth of July,
more than twenty five thousand people across the channel in
small boats so far this year, and that is up
nearly fifty percent at the same point than last year.
(26:20):
The scheme is this, some arriving tomorrow in the UK
on small boats will be detained and return to France.
In return, the UK will accept an equal number of
asylum seekers, but those who have not tried to cross
and can pass security and eligibility checks. The idea, of course,
is it's encouraging people not to cross. However, there are
(26:43):
lots of people stuck, as it were in northern France
who have made the horrendous journey from North Africa or
the Middle East, mostly in order to try to get
to the UK, and is this likely to put them off?
Well no, according to some. The Prime Minister, however, is
heralding it as a product the months have grown up
diplomacy that'll deliver real results. Others are saying it's unworkable
(27:06):
and wide open to abuse.
Speaker 2 (27:07):
What about the number? What are people saying about the number?
Speaker 12 (27:10):
You know?
Speaker 2 (27:10):
Why isn't it one and a three out? You know?
Speaker 12 (27:13):
Well's simply because France is unlikely to have accepted anything
like that. All this time they've said, you know, it's
the UK's fault and therefore if they're not claiming asylum
here then we just have to let them go sort
of thing. So, yeah, I don't think that would have
washed in France. How long this will go on for?
It's set to be an eleven month scheme, but let's
(27:35):
see how it goes on day one.
Speaker 2 (27:36):
Kevin Great, appreciate your time this morning our UK. You're
a correspondent. Time now twelve away from six, Ryan Brie.
Speaker 3 (27:42):
We get another look into our job market today and
I wouldn't hold your brief if you're expecting good positive news.
Economists reck and unemployment set to hit five point three
percent highest and nine years, up from five point one
in the last quarter. Michael Gordon, WISPEC senior economists with
me this morning.
Speaker 2 (27:56):
Michael, good morning, Good morning. Is this as bad as
it going to get?
Speaker 8 (28:02):
I think we're getting towards the end of it, if
not necessarily there yet, because the labor market tends to
be one of the more lagging parts of the economic cycle.
Even as we've seen some signs of better activity this year,
it's taken we're not seeing the same a degree of
improvement come through in the jobs numbers. Yet we know
that hiring is pretty low at the moment, so it's
(28:22):
sort of hard to get people out of unemployment if
businesses aren't hiring at the moment. So we're thinking probably
the peak in the unemployment rate is either around here
or slightly higher, but maybe by the end of this
year early next year we should see some science of improvement.
Speaker 3 (28:38):
Okay, what about this idea of labor hoarding where people
firms are anticipating things will get better, so you hold
on to staff hope, you know, carry them over until
things get better. But actually things are taking a long
time to get better. So do those people get let
go in the meantime?
Speaker 8 (28:54):
I think there is an element of that already happening.
It is again a part of that lagged aspect of
the cycle. But we did see I think, you know,
a couple of years ago, we were hearing from businesses
that they were sort of wearing of getting burnt by
the labor shortages that we had experienced relatively recently, and
(29:15):
we're trying to hold onto people. I think it was probably,
you know, that was the story up until about a
year ago. Since then we have seen that job shedding
going on. So again there's probably a bit of catch
up and still maybe some more to go there before
businesses really feel like they are their right size for
the amount of work that's on.
Speaker 2 (29:31):
And Michael, who is being made unemployed young people grads.
Speaker 8 (29:36):
That has been the case, I think to it's an
unusual degree in this cycle. Again, going back to a
couple of years ago, there were a lot of young
people that were brought into the labor force when there
were really severe worker shortages. So it was a hot economy.
Border was closed so you couldn't get migrant workers, and
so a lot of people were actually who were already
in study were being brought into work as well. Now
(29:57):
we're seeing the reverse of that. A lot of these
people are you know, they're either out of work or
not able to find a job in the first place.
In many cases, they're just concentrating on their studies and
they're not counting towards the ranks of the actively unemployed.
They just get counted as not in the workforce.
Speaker 3 (30:12):
Michael, does it feel like every time you talk to
one of us journos that you are saying it will
get better soon, it will peak, you know, and it's
going to peak soon, and it's going to be over soon,
and it keeps getting dragged out.
Speaker 8 (30:25):
Yeah. Yeah, there's definitely a cry of are we there yet?
That as we go on for a while. I mean,
a key part of managing the cycle really lies with
the reserve bank. They you know, they have done a
lot big part of their job in terms of lowering
interest rates. It's taking some time to feed through into
what borrowers are actually paying and then get hopefully sort
(30:47):
of freeing up some cash for them to do something with.
We kind of knew it was going to be a
gradual pace, given that it's the timing of when people
would be able to move on to those lower interest rates.
But yeah, I can always feel very drawn out when
you're talking about something that you know, you know it's
going to take a year or so, and you're having
to talk about it every day.
Speaker 3 (31:06):
I feel like you've summed it up perfectly there, Michael,
Thank you, Michael Gordon WISPAC senior economists. That number out
this morning on unemployment just gone eight minutes away. No
matter what it is, you can beat your bottom dollar
that Christopher Luxon won't be firing the stats in's in
boss because he doesn't like the numbers. Well, never say never.
We'll get your property values the latest numbers from Totality next,
(31:28):
and Mike is here to start his show too. News
talksb the First Word on the News of the Day,
Early edition with Ryan Bridge and x fol Insulation, keeping
King we Holmes warm and dry.
Speaker 1 (31:41):
This winter news Talks dB.
Speaker 3 (31:42):
Clicks away from six News Talks ZIBB. Property values in
New Zealand. Will you be surprised to hear that down
point two percent for July? This is cotality's latest home
value index, So annual drop was the same, down zero
point two percent. Median value nationally is now eight hundred
and nineteen pounds and dollars. It's all the usual stuff
we've spoken about, job weakness, loads of listings. At the
(32:04):
moment keeping prices down. Twenty twenty five, they were predicting
a five percent jump in your property values, now more
likely one to two percent, five to six. It contributes
to us all feeling a bit poorer and not going
out and spending, and then makes.
Speaker 2 (32:19):
The whole thing worse. Mike, good morning on that positive upbeat.
Speaker 6 (32:23):
I was just going to say, it wasn't yes yesterday's
best story was was Christa and her husband's shed?
Speaker 2 (32:30):
Wasn't it? I didn't see that?
Speaker 6 (32:31):
Oh no, this is fantastic. So they which channel we changed?
It was not a channels, it's the news we've got
announced yesterday. So Christa and her husband they rang the
tip line for the government, right, so the government was
looking for tips on what to do around red tape
and bollocks in your backyard and building and stuff. So
it all ties and with it, you know how you
can build a granny flat and stuff with less paperwork
and yeah, except so anyway, yesterday's announcement was you can
(32:54):
now have a shed in your backyard. So the current
rule is that you need to be away from the
boundary as much as your shed is high. So if
your sheds two and a half meters high, you need
to be two and a half meters away from your boundary.
Speaker 2 (33:06):
Most people in.
Speaker 6 (33:07):
Smaller lots these days, I mean by the time you
move two and a half meters away from your boundary,
you're on the other side of the boundary, or.
Speaker 2 (33:13):
Your shared is so small you can't see hundred percent.
Speaker 6 (33:15):
So they changed the rule yesterday too. If you want
to put it up against the fence, put it up
against the fence. And they got that idea from Christa
and her husband.
Speaker 2 (33:22):
Who did it.
Speaker 6 (33:23):
Anyway, so technically we're breaking the rules. But I saw
the pictures. They were quintessential Middle New Zealand. They were
just getting on with life. They're not interested in all
of frippery and bullshit that goes on around rules and
regulations and red tape. They'd just gone ahead and done it.
David Seymour had seen it and thought, great idea, based
on your idea, let's change the.
Speaker 2 (33:43):
Law, and saw them cutting a ribbon.
Speaker 6 (33:45):
That's exactly, that's exactly what it was, and they put
them exactly, so they changed the law.
Speaker 8 (33:50):
Works.
Speaker 2 (33:51):
No, someone's answering the phone, and.
Speaker 6 (33:53):
Someone answers the phone and someone that's not a bad idea.
The next thing you know, you've got a minister in
your backyard cutting a ribbon. I mean, is that how
to run country? You sent to run exactly if you've
built a shed risc oh sperspect.
Speaker 2 (34:07):
But good on them. That's great progress for Assurance c
B this morning. Hey, a great day. Run to see tomorrow.
I don't away goes.
Speaker 6 (34:16):
I got to celebrate it.
Speaker 9 (34:19):
Just learn away.
Speaker 1 (34:23):
For more from Early Edition with Ryan Bridge, listen live
to News Talks. It'd be from five am weekdays, or
follow the podcast on iHeartRadio.