May 7, 2026 • 34 mins
On the Early Edition with Ryan Bridge Full Show Podcast Friday 8th of May 2026, a new OECD report's calling for the age of eligibility for NZ super to rise, Informetrics CEO, Brad Olsen shares his thoughts.
The Government's doing a review on why the CRL has cost so much, Infrastructure NZ CEO Nick Leggett tells Ryan what we can do to prevent huge cost blow outs of future projects.
It's about to get easier for tourism businesses to use conservation land, Tourism Holdings Limited Chief Executive Grant Webster tells Ryan how big of an impact this will have.
Plus, UK/Europe Correspondent Vincent McAviney has the latest on
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Speaker 1 (00:00):
The issues, the interviews and the insight. Ryan Bridge on
early edition with Spunk for Business Technology that keeps business
moving News talks.
Speaker 2 (00:10):
They'd be good morning, Welcome to Friday six alf to five.
Coming up, we'll do the superannuation debate. Vincent's in the
UK for US Andrew former Prince Andrew in a bit
of trouble. Curl is gold plated. Yeah we know. Tourism
Holdings Boss on charging foreigners coming here to use our parks.
The agenda FRODA, the Age of May, the hands of virus.
(00:31):
Don't worry, the World Health Organization says, we don't need
to panic.
Speaker 3 (00:35):
This is not the start of a corvid pandemic. This
is an outbreak that we see on a ship. This
is not the same situation we were in six years ago.
It doesn't spread the same way like coronaviruses do. It's
very different. It's that close intimate contact that we've seen,
and most hunted viruses don't transmit between people at all.
Speaker 2 (00:53):
Right, So the ship now sailing to the Canary Islands,
passengers will be evacuated into tenres that.
Speaker 4 (00:58):
They will be completely a stated from the pub they'll
be taken too isolated fenced off police. They will be
a vehicles. They will written area of the airport that
will be completely isolated. They will embark on aeroplanes and
then they will leave. I would say this just so
(01:19):
public in the Canary Islands, women.
Speaker 2 (01:22):
There just don't go near rap Who's that's the moral
of the story. Across the ditch, three women, the Isis
bride's alleged Isis brides. They've landed in Melbourne and straight
away that from Syria and they've been arrested.
Speaker 5 (01:34):
The Victorian Joint Counter Terrorism Team have arrested two women
at Melbourne International Airport. It is expected a fifty three
year old woman will be charged tonight or tomorrow. These
offenses each carry a maximum penalty of twenty five years imprisonment.
Speaker 2 (01:49):
And to the US, Lulu disilvers at the White House.
This is the Brazilian president alongside Trump. They'll talk about tariffs.
There's a lot of teriffs on Brazilian goods, plus the war.
Speaker 6 (01:58):
Whether there will be updates on where it's there with
peace negotiations. But it's notable that President Lula really is
one of the biggest and most outspoken critics of the
US Israel war. There He's called it madness.
Speaker 7 (02:11):
And finally this morning and there are snakes here too.
Lots of each hunt requires more energy, draining the bears
of their reserves. Kenya, famous for its big cats, the
Supreme Hunters.
Speaker 2 (02:30):
And the Supreme Voice of Nature, turns one hundred today.
Concerts planned for him at the Royal Albert Hall in London.
He's seed a special birthday message too.
Speaker 8 (02:38):
I had rather thought that I would celebrate my one
hundredth birthday quietly, but it seems that many of you
have had other ideas. I've been completely overwhelmed by birthday greetings.
Speaker 1 (02:57):
Views and views you trust to your day. It's early
edition with Ryan Bridge and Spark for Business Technology that
keeps business moving.
Speaker 2 (03:07):
Confused talks had been nine after five nine two nine
two is the number to text. He's got one of
those voices, doesn't he? So that I didn't even did
you notice there? I didn't even say his name once
during that segment, But you knew who we were talking about,
didn't you. Let's go to Australia very quickly and I'll
just run through what the isis alleged isis brides are
accused of doing and why they've been arrested because there
was a huge kafuffle at Melbourne Airport when they arrived.
(03:31):
So you got three alleged Isis brides touching down met
by security who were all wearing black clothes. It was
really bizarre and they were obviously pre arranged to come
and escort these private security of some description. Anyway, the
security ended up getting in a scuffle with the media
who were all trying to get pictures and video as
the brides arrived and come from Syria, all the way
(03:54):
from Syria. So chaos at Melbourne airport and then they're arrested.
So two of them facing charges of crimes against humanity
for enslaving a woman. Charges include possessing a slave, using
a slave, engaging in slave trading, each of which carries
a penalty of twenty five years. And it was alleged
(04:16):
that a Kurdish speaking religious minority, a woman from that community,
was who they were holding. The other one was charged
with joining a terrorist organization charming. Now, SpaceX, I want
to update you on what's happening here because we spoke
the other week about how there's likely going to be
an IPO of SpaceX. This is Musk's big space company. Well,
(04:36):
it's a rockets company, it's a satellites company. It's actually
an AI company now too. It's a bit of everything,
and boy, it'll be worth a pretty penny when it
goes on to the stock market. They reckon anywhere to
two trillion US dollars. I mean, I don't even know
how much that is. I certainly can't count it on
one hand, can you. So the IPO, there is an
event in June ahead of that. He is spending up
(04:59):
big I'm talking massive money. They're doing launch pads in Florida.
They're doing a new solar cell factory in Texas. They're
doing potentially sending up to a million AI satellites into
low Earth orbit in the years ahead. A million AI satellites.
What happens if they crash? Like it's just a big
(05:19):
dump up there? Isn't it's just a big tip in
the sky. Anyway, The amount that's being spent is eyewatering.
So there's a chip factory that they are going to
build in conjunction with Tesla, his other company. Apparently fifty
five billion dollars they are spending on this factory. Eleven
minutes after five Ryan Bread, We'll all be abed by
(05:40):
shares of course. Apparently Retail Investor is going to be
a massive part of that IPO launch when it happens
in May. You're on News Talk seed B. Coming up
next we will do the tourism changes coming the Government's
introduced a bill. We've got details. Next. News Talk sed B.
Speaker 1 (05:55):
The first word on the News of the Day, Early
edition with Ryan Bredge and Spark for Business Technology that
keeps Business Moving.
Speaker 2 (06:04):
News TALKSB five fourteen News Talks. You continue to surprise me,
dear listener. I thought people would love David Edinburgh. I
love David Edinburgh. What's not to love about David Edinburgh?
Ryan Atedinburgh Climate change Wokester says, one, Ryan although an environmentalist,
what is his carbon footprint? Yeah, but he's not like
a greta. He's not like an annoying, you know, weird
(06:26):
attention seeker. He's a professional who shows like he's one
of those people who, Yes, he talks about in the
environment and the climate, which is nothing actually inherently wrong
with it's the way you go about it. He shows
us as opposed to shouts at us, doesn't he? Ryan
Bridge fourteen after five? I tell you what he probably
(06:48):
won't like this next Tory. It's about to get easier
for tourism businesses to use conservation land. Government is introducing
the Conservation Reform Bill. It's also going to allow new
international visitor levies at some of our hot spots. Grant
Webster Tourism Holdings Limited, Chief executive with us this morning.
Gidda Grant, good morning, good morning. Good to have you
on the show. Now this can you just clarify for
(07:12):
us the tourism businesses and conservation land. What sort of
stuff are we talking here?
Speaker 9 (07:17):
Are you talking anything from jet boating ski? For us,
it's our cave operations in the way Common District. There's
so many.
Speaker 2 (07:26):
Yeah, So it's not like we're building factories on conservation land,
is it. It's tourism stuff and it's low impact.
Speaker 9 (07:33):
Absolutely, it's engaging with the environment in a really controlled
and deliberate manner.
Speaker 2 (07:39):
What do you reckon that this will do for jobs?
Speaker 9 (07:43):
I think this is fantastic All credits, Minister po Tucker.
This is long overdue, you know. His release noted it's
been over forty years and it's going to I think
create an opportunity for all round, all year round jobs
and really open up some regions as well.
Speaker 2 (08:00):
People are going to freak out about the twenty to
forty dollars levees in some of the places, like you know,
Cathedral Cove, Milford Sound. This is very common overseas, isn't it, Grant.
Speaker 9 (08:12):
Look at it is, and it's it's far better for
us to have fees like that that are in trip
rather than at the border, like the International Visitor levy.
Once you're in and going around, you go, okay, looking
extra twenty bucks to see Cathedral Cove. Great, yep, that's
that's okay. Whereas you put something in order and people
may go, yeah, I might not go to New Zealand.
Speaker 2 (08:33):
When do you actually pay it? Does the tourism operator
you know, taking you on a ride around Cathedral Cove
or on a kayak? Do they charge it? How does
it get paid?
Speaker 9 (08:44):
Look, it's different in different places around the world, and
I don't know what the detail is for this one.
I would hope that we actually wake up do something
simple and digital and hopefully Pavement of Conservation can do
something like that easy on an app GEO based. I'm
mentoring this area being on my credit card.
Speaker 2 (09:03):
Done sounds too good to be true, Grant, but let's
hope they can do it. Grant Webster Tourism Holdings Limited,
Chief Executive with US Live this morning, seventeen after five, Ryan,
it's Lego one Zeru nil. This is the massive trademark
battle that's been going on. So basically it all comes
down to one line, one promo line on a max
(09:23):
Build more plastic brick building kit that Zuru put out.
This is a Mobras outfit, the Mobras, I should say.
So they put on their Lego brick compatible. So they've
released their own Lego and they say it's which you know,
I shouldn't be using the word, should I, But here
we are, and they say it's Lego brick compatible. Now
(09:44):
Lego didn't like that because they put the Lego logo
on their brick. So they are trademark battling now. And
the Supreme Court has approved Lego's application to take further action.
So Lego's up one. This is toy wars. This is
Ego Wars, isn't it. So anyway, they're going to go
to the Court of Appeal, make their case and see
(10:05):
if they can uphold an earlier High Court ruling. It
is eighteen minutes after five year on news Talk said
be next, we'll talk infrastructure the CRL. Who would have
thought it was gold play today.
Speaker 1 (10:16):
Get ahead of the headlines on early edition with Ryan
Bridge and Spark for business technology that keeps business moving newstalks.
Speaker 2 (10:25):
That'd be right. Of course, the entry fees you should
pay them. An entry to Yozamite National Park in the
US for a US citizen is one hundred bucks. That's
US and one hundred and sixty New Zealand dollars. Imagine
what we could do with even a thirty dollars fee,
says Nathan good point. Time is twenty after five Ryan Bridge.
I'll get to the political donations in just a second
(10:45):
because that's a bit spicy. But first gold plated cost blowouts.
The government's doing a review now on why the CRL
has cost us so bloody much. Former sera OL boss
Sean Sweeney has told The Herald it could have probably
been done for two billion dollars cheaper, two billion cheap
at total cost five point five.
Speaker 10 (11:02):
I think we could have delivered this for half the cost,
but it would have looked different.
Speaker 2 (11:07):
Netleget Infrastructure New Zealand CEO with US this morning Hey, Nick,
how are you on the money?
Speaker 10 (11:15):
I wouldn't be arguing with anything shawan tween he said,
I think that when he was close to the projects,
he knows the decisions that were made, and he says
now that based on his experience, it was over specified
and over designed. And look, I think that does happen
quite a lot of infrastructure in New Zealand. We don't
(11:36):
have the proper controls, and sometimes we take too long
to plan, or we don't plan enough and we let
things drag on.
Speaker 11 (11:44):
And you know, he also.
Speaker 10 (11:45):
Makes a really key point, and that is get the
right people with the right expertise on at the start.
And that's another change. We don't do some of these
projects Ryan often enough.
Speaker 11 (11:57):
If you think about it, when was a metro rail?
Speaker 10 (12:01):
When was a metro rail project done in New Zealand
like this, it's hard to remember.
Speaker 11 (12:06):
So we don't have the expertise often.
Speaker 10 (12:08):
On shore, and we don't line things up properly, and
it's sort of a bit of a continuous cycle and
I think we've got to learn from it.
Speaker 2 (12:18):
But isn't the irony of all of this that he
himself probably shouldn't have been a hide because he says
he didn't have the experience to know that this meaning
that was being done probably shouldn't have been done.
Speaker 10 (12:30):
I think if you look at the project, we're going
to get a very high quality project. But ultimately, the
people who specify the design and agree to it, you know,
the people that contract these sort of projects, they're the.
Speaker 11 (12:46):
Ones that are ultimately in control. So you know, he's said,
look I didn't know enough.
Speaker 10 (12:51):
Fair call who was better, and uh, look it's just
the case of we just got to lift our game
as a country.
Speaker 2 (12:59):
And is it the design, the designers, the geotech.
Speaker 11 (13:03):
No, it's it's it's not.
Speaker 10 (13:04):
It's it's the who contracts the job, who pays for
the job, that's the question.
Speaker 11 (13:10):
You know, those are those are the things we've got
to look at and are they just the questions.
Speaker 2 (13:14):
A JV between the government and the council, which this
was not a good idea.
Speaker 10 (13:21):
Well, I think jvs are a good idea. We should
be doing more. But what we've got to do is
make sure that they're specifying the right designs, that they're
they're focusing on getting the right cost controls and not
you know, as he uses this word gold plating.
Speaker 11 (13:37):
You know, some of these stations.
Speaker 10 (13:39):
You know, a couple of stations are you know, the
same size as the biggest ones in the London underground
two hundred meters long. It's right, and I've just I'm
actually not in New Zealand, which is why I sound
so bright and bright.
Speaker 11 (13:55):
Eyed and bushy tailed. I'm in Norway.
Speaker 10 (13:57):
I've just looked at we just looked at a metro
development today. It's twice as long as CRL, and it's
got twice as many stations, and it's costing the same
And so we can lock to international expertise.
Speaker 11 (14:11):
The other thing though, after giving.
Speaker 10 (14:14):
Ourselves a short sharp kick, we've got to change our
behavior with the stuff.
Speaker 11 (14:18):
We've also got to remember that CRL is going to
be awesome for Auckland.
Speaker 10 (14:22):
The next challenge is to make sure that we get
the best out of it, which.
Speaker 11 (14:27):
Means getting more housing around it, got more jobs and growth.
Don't that's the bit we should hold ourselves to.
Speaker 2 (14:34):
Now, don't waste a very expensive opportunity and leget infrastructure
New Zealand and CEO twenty four after five. Here are
the numbers national six point two million. This is donations
for twenty twenty five six point two million dollars in
donations for the National Party Act two point four. Labor
also two point four actscellently ahead of them, the Greens
one point eight New Zealand first one point three. Now
(14:56):
before you go and sale, that's as big money and
big money is funding our well, it is a lot
of that, but there's also a whole bunch of individual
donations sixty five thousand under fifteen hundred bucks to Labor
and nineteen thousand under fifteen hundred bucks to National Interesting though,
the Greens can't go running around saying that big money
(15:16):
is and rich you know elites are funding the other
parties because they received one hundred and thirty two thousand
dollars from investor Robert Morgan. They at Labor, for their part,
received one hundred and twenty five grand from the Mills
family Leis Mills, Gym Empire Tycoons. Terrible twenty five after five,
(15:37):
the early edition.
Speaker 1 (15:38):
Full show podcast on iHeartRadio powered by News.
Speaker 2 (15:41):
Talks AV News talksb twenty seven after five. It is
somewhat ironic the latest lecture we're getting from an office
of global boffins is headquartered in Paris. No offense to
the French, but they are screaming out for a lesson
in basic economics. Their debt to GDP ratio one hundred
and eighteen percent, their debt sixty percent above the EU limit,
(16:02):
breaking all sorts of records for the wrong reasons. You're
used to hearing about the Italians and the Greeks in
the EU, but the French are up there with them too,
in the top three most indebted nations in the Bloc.
The country nearly fell over, remember that, trying to cut
back on pension spending. Poor old Macron. They spend billions
on stuff that we would consider nice to have. Basically,
you asked them, do you want to spend something, and
(16:22):
they say that's the French. The OCD is, of course,
a multi nation group just happens to be based in Paris,
been around since the sixties. But they've come up with
a bunch of stuff that they think that we need
to do, including linking pensions to life expectancy. So if you're,
on average, meant to live longer, you'll get your pension later.
That's the idea. This, of course, is a problem because
(16:43):
not everyone is the average. Why should somebody get super
before you, only for you? To get hit by a
bus or hit by cancer and only end up with
a few years on your Gold card getting discount public transport.
This is the same group that wanted us a few
years back, you might remember, tax property and shares. I
(17:03):
know they're also saying we should have quotas for women
on boards in publicly listed companies. I mean even Haln
Clark doesn't think that's a good idea. So a lot
of this is to say that it should be taken
with a grain of salt and probably actually better shouted
out the window of their offices in Paris. Ryan Bridge
coming and picking picking on us down here in the
(17:25):
South Pacific. You're on News Talks B twenty nine minutes
after five Vincent is in the UK for US. Next
we'll also talk about the super debate with Brad Olsen
before six. Happy Friday, said love Kisto. I'm a couple
(17:45):
of months from.
Speaker 12 (17:48):
It.
Speaker 1 (17:53):
Continue on your radio and online on iHeartRadio Belly Edition
with Ryan Bridge and Spark for Business Technology that keeps
Business Moving.
Speaker 2 (18:06):
News Talk ZB pretty far away from six Yer on
News Talks VB Vincent in the UK for US. Surely
we'll do the super debate before six and over in Australia.
There is an election this weekend which is of interest,
and we just talked about the donations for our political parties.
We're pulling Hanson's doing pretty well, thank you very much.
In fact, gena Ryan Hart, you know big mining magnate
(18:29):
as they like to call them, because it's a bit
of alliteration to it. I think that's the only reason anyway,
she's throwing a bunch of money at them. Goodbye to
the Liberal National Coalition, a lot of money going towards
one nation and pulling Hanson at the moment across the Tasman.
Now this text of lots of text over the CRL,
which is good because people are rightly annoyed at how
(18:49):
much it's costing, but doesn't mean we won't use it
when it comes. However, this person says, and I tend
to agree, though I do like Nick Leget. This person says,
why are you talking to Nick leg about infrastry? He's
got a BA in political science. What would he know
about delivering infrastructure? Look at male point, surely you need
to speak to an engineer as someone who actually can deliver.
(19:10):
I tend to agree. We do speak to him I mean,
he is the boss of Infrastructure New Zealand, so there
is a good reason to talk to him about that.
But I tend to agree that engineers kind of make sense.
And my brother in law as an engineer, and when
they talk, you go, oh yeah, you know Wayne Brown,
same thing. You go, oh yeah, that makes sense. David
Seymour he started engineering at university and you go, oh yeah,
(19:32):
kind of makes sense when they talk. Do you know
what I mean? Twenty two away.
Speaker 13 (19:36):
From six, Ryan Bridge coll.
Speaker 2 (19:39):
Him into need and colhim good morning morning. Right, winter
grazing season, you've got some flights going up over Otago.
Speaker 14 (19:46):
Yeah, the Regional Council to hear they're taking to the
skies over the next six weeks conducting compliance flights around
the region. So they'll be monitoring activities like intens of grazing, forestry, earthworks,
land surbances and machinery operating near waterways. The Regional Council
says these flyovers again a bird's eye view on land
(20:08):
use to help identify.
Speaker 2 (20:09):
Risks to water quality.
Speaker 14 (20:11):
So they say farmers and contractors are all expected to
have plans in place for managing sediment to protect Otago's waterways.
Speaker 2 (20:19):
This winter.
Speaker 14 (20:20):
We'll right, how'd you wear the calum Yeah, we'll tell
you about that. Due to the heavy rainfallcast for our region.
Rain developing for duned and today as well, possibly heavy
light winds and seventeen today.
Speaker 2 (20:30):
Nice one, Thank you, Clears and christ tore Its morning, Claire,
good morning. The stink in Bromley.
Speaker 12 (20:36):
Yeah, it's been a while since we talked about this,
but of course it all came to a head in
February when Environment Canterbury issued a christ Church City Council
with that abatement notice that was over the smell that
was particularly bad over summer. It's from the previously fire
damaged wastewater treatment plant, but now it's just from the
ponds effectively not working well. There were more than five
(20:56):
thousand complaints in a matter of weeks from people concerned
about the smell.
Speaker 6 (21:00):
Well.
Speaker 12 (21:00):
Environment Canterbury's abatement notice had demanded council provide a plan
outlighting both the short and long term odor mitigation measures.
That's when we heard from the mayor who suggested that
we just send the sewage out to the sea basically,
which surprised to many and also discussed the aquaculture industry.
But now Christich City Council says that abatement notice has
(21:20):
officially been canceled. That's come about after a review found
it no longer acquired because the council has now put
forward some plans and met the requirements.
Speaker 2 (21:29):
How'd you wear the Claire?
Speaker 12 (21:30):
Mostly cloudy, there is some occasional rain A bit later.
Northeasterly is becoming strong and high of twenty two.
Speaker 2 (21:35):
You have a great weekend, Max and Wellington Morning, Max,
good morning. I saw this footage yesterday, incredible of the orca.
Speaker 15 (21:41):
Yeah, you can watch it on the Herald. It is incredible.
Local Michael Lanzensburger was flying his drone around Wellington's south
coast when he spotted this pod of orca a cuff
a juvenile two adult orcas swimming close to the Short
Island Bay. Everyone loses their mind here when they spot
a whale or dolphin or whatever, but this is quite
something apparently, this pot of orcers. We're out hunting stingrays
(22:04):
very close to the coast. Some lucky surfers even had
seen them close up earlier around Lyle Bay and Houghton Bay.
And just to point out, an experienced drone operator well
within the rules stead clear of the airport, et cetera,
et cetera.
Speaker 2 (22:17):
Great footage. You can watch it on the Herald. It
really really I highly encourage people to do it. It was
taken on Ensac Day as well. The lighting of it,
it almost looks ai, doesn't it. It's not. It's real. Yeah,
good on him. How's your weather?
Speaker 15 (22:30):
Periods of rained strong northerlies, very strong northerlies. Indeed this afternoon,
this evening gale force eighteen. Today's hey, cheers, Max Navy,
Good morning, greetings.
Speaker 2 (22:38):
It's going on on Wypoo.
Speaker 1 (22:40):
Yes, well, let's.
Speaker 16 (22:40):
Talk about the glow Worm Cave farm. Now it's putting
out the word because it's looking for a fifty hand
to help fund its conservation work. Now the owner of
the Northland Attractions hoping, hoping a billionaire will buy forty
nine percent share of the cave and the surrounding land.
Now the Waipoo glow Worm Cave. You know, it's home
to the Milkie Way Cave, known for hosting concerts and
(23:02):
all the public tours as well. In Fox he's the owner.
He says, Look, I still want to be in charge.
I won't just take anybody, but I am open to
looking off shore. So he's hoping that the word spreads
as he starts this very he's calling it a low
key campaign. I don't think it is, but there you have.
Speaker 2 (23:18):
It, brilliant Neva.
Speaker 16 (23:19):
How's our weather cloudy, isolated showers, rain tonight, possibly heavy
and those winds will become strong tonight as well. Still warm.
Twenty one is the high here in Auckland.
Speaker 2 (23:28):
Thank you very much. You have a great weekend. It
is eighteen minutes away from six. You know, the other
day we told you that Merse, the global shipping giant,
is upping their fees almost thirty percent in terms of
the fuel surcharged coming to New Zealand, Impulse coming into
New Zealand going to push the price price of goods
that come here up. Well, the boss of Merse, the
CEO of Vincent Clerk says, I mean stating in the
(23:51):
bleeding obvious, but this is why they're doing it.
Speaker 17 (23:54):
The most important disruptions that we're faced with is the
rising energy cost, with a price of fuel that has
nearly doubled, and that implies about a half a billion
dollar off cost extra cost per month since since the
beginning of this we can do some on pressing the
cost agenda further, but for us, what is really important
(24:16):
is actually to pass on these cost increases to our
customers as much as possible so that we can protect
our margin and the operations integrity going forward.
Speaker 2 (24:26):
So unsurprising. Basically, it's the war and wheel eighteen away
from six y're on news talks here B. We're live
to the UK next. According to six on News Talks
here B, we'll get to the UK in a couple
of seconds very quickly. Back home, average rents flat and
auckland declining in Wellington. The trend continues. This is the
latest number from real estate dot co dot in z
infact in Wellington. I mean there might not be as
(24:47):
many jobs around and they might not be paying as much,
but your rent is down and whopping seventy seven bucks
on average a week over the last two years.
Speaker 1 (24:55):
International correspondence with ends and eye insurance, peace of mind
for News Island business.
Speaker 2 (25:01):
But to make of any ow UK europe correspondents and
the hint of virus the who is saying dank pinnic. Yeah,
that's right.
Speaker 18 (25:09):
They've held a press conference today saying it was not
the same situation as a couple of years ago with
COVID nineteen. Because this virus spreads through close and intimate contact.
The latest that we have on this is that five
of the eight suspected cases of hantavirus have now been confirmed,
(25:30):
and that's on top of the three people who have died,
including a sixty nine year old Dutch woman, her husband,
and a German woman who were all on this cruise ship.
The virus typically spreads from rodents, but to the latest
outbreak that who has confirmed has seen the documented cases
for the first time of human to human transmission. So
(25:53):
this is something they're keeping an eye on as they
decide what to do with the one hundred and fifty
passengers and crew from this small cruise ship that has
now docked in the Canary Islands.
Speaker 2 (26:04):
Basically, are they saying that don't freaking out because person
to person contact you basically have to be having intercourse
and order for that to happen.
Speaker 18 (26:12):
It seems so it seems like it has to be
very close contact.
Speaker 2 (26:16):
Hey, what about Andrew, former Prince Andrew in the threat
that he's been under.
Speaker 18 (26:21):
Yeah, this story has emerged today last night here in
the UK at about seven point thirty pm, It's understood
that Andrew Mountbatten Windsor was walking dogs and he has
near his new home in Norfolk, when a man wearing
a balaclava approached him and his private security started yelling
(26:41):
and apparently was acting in an intimidating manner and had
a weapon on them. Andrew and his security ran into
a car and got away. This person did sort of
try to chase them, and we understand that they have
now been arrested on suspicion of a public order offense
and possess seeing an offensive weapon.
Speaker 2 (27:02):
Appreciate your update. Vince mcaviny, a UK europe correspondent, Time
airs twelve minutes away from six Bryan B. So back
to this new OECD report for a second. They reckon
the age of eligibility for super should go up. Basically
you get the pension later. Okay, that's not so controversial
now outside of a New Zealand first in our parliament.
But recommending eligibility be linked to life expectancy that is controversial,
(27:27):
eventually rising as high as age sixty nine. Also recommending
means testing to factor in ethnicity and occupation. Nichola Willis
agrees that something has to change. On this.
Speaker 5 (27:37):
Whether or not it is through the approaches that the
OECD suggests is another question.
Speaker 18 (27:42):
But is there a form required to our superanuation settings?
Speaker 2 (27:47):
Yes, so, Brad Elson informetric CEO with us this morning.
Hey Brad, good morning. How would it work the life
expectancy part? If it's is it linked to an average
for an ethnicity or well, how would it work?
Speaker 19 (28:00):
Well? I mean all of those details would have to
be worked through when we've looked at it before. The
general better approach, in my mind, would to be to
have it to just general life expectancy, And partly that's
how you'd already get up to sort of you know,
sixty seven sixty eight as the age, because we are
just spending so much more time, we're living so much
longer that we're spending more time on New Zealand super.
(28:22):
So you could do that over time, you could look
at it stats and z brings out comprehensive life expectancy
figures over time. I'm probably less keen personally on you know,
looking things through life expectancy for different ethnicities or cohorts
only because I don't really feel that you should be
paid out earlier in life or change your expectancy just
(28:44):
because you're a different ethnicity. If we've got problems there,
and so, for example, we know that Marty die earlier,
we shouldn't pay them out because they die earlier. We
should stop them dying earlier. There's sort of a different
approach here. But long story short, the OECD has made
it clear we need to do something about super You
know it, I know it, Everyone seems to know it.
But we're also not particularly convinced it will happen. Be
(29:05):
it something around means testing all the age or life expectancy,
or for example, one of the things Treasury has talked about,
which is linking superannuation payments through to inflation rather than wages.
All of those things we're going to have to consider
because at some point otherwise we're going to hit a
bit of a fiscal cliff.
Speaker 2 (29:23):
Yeah, we're going to pay the piper. Hey, what about it? So,
just coming back to your point, and it was a
good one about ethnicity and whether you use that as
a barometer for how long somebody or how early somebody
gets super it doesn't seem I mean, it's the current
situation is not fair on average. You have to accept that.
But also if you were to say, oh, this Chinese
(29:45):
person or this Indian person or this European person gets
SUPER earlier or later. I mean, you can all get
hit by a bus tomorrow, can't you, And then you've
only had SUPER for a year or two, and then
that's not fair.
Speaker 20 (29:57):
Well exactly, and not only that, but again depending on
just how detailed you get it. You know what happens
if you then bring in the likes of you know,
the occupation that you're in. I know that's a constant
one that's brought up in terms of you know, people
who are often in more manual trades and similar and
they often can't keep.
Speaker 19 (30:13):
Working past a certain stage, and so you get into
all those complications. I guess that the worry writers that
when you look at some of those occupation groups, the
same rings true today. Like it's not like at age
sixty five today, you know, builders are just absolute spring chickens,
and at sixty five plus one, they're all of a
sudden completely destitute and unable to work. Like, the pressures
(30:34):
on occupation groups are.
Speaker 20 (30:35):
Very much there.
Speaker 19 (30:36):
I think the decision we've got to come to as
a country is at the moment we've got a universal system,
everyone broadly gets it all. At the same time, if
we move away from that, we've got to, I think,
have a much broader conversation about why, what is the
purpose of New Zealand super what are we trying to achieve?
And at the moment, I think the challenge, right Ryan,
is we keep having this conversation. I mean, we could
do this every three weeks report that.
Speaker 20 (30:57):
Comes out and says it. And are we realistic that
it's it going to change?
Speaker 19 (31:00):
I certainly feel pretty despondent that anyone's actually going to
take the bull by the horns.
Speaker 2 (31:04):
As soon as Winston Peters leaves politics and this will
all change, mark my words. Eight to six Ryan Bridge line.
Considering men die on average a few years earlier than women,
would that mean that men get to retire earlier? Very
good point. Hey. By the way, we talked the other
day about Shell about BP doing pretty well. We've got
a number now profit for shall they're British six point
(31:25):
nine billion for the first three months of the year.
That is almost a quarter more than a year ago.
And of course this is thanks to the high oil prices,
which is thanks to the war.
Speaker 13 (31:33):
News talk said b before the news breaks here it first,
Ryan Bridge on early edition with Spark for Business Technology
that keeps Business Moving News Talk said B News Talks.
Speaker 2 (31:45):
It is six minutes away from six. It is Friday morning,
and Mike is here as he always this morning, Mike,
good to see you, Ryan. Did you see you know
all of the chip companies are doing really well off
of AI. Some of the other companies, the associated companies
that are doing well, like the toilet maker, ceramic toilet
maker in Japan. Did you read about them this morning?
Speaker 19 (32:03):
No?
Speaker 21 (32:04):
I haven't.
Speaker 2 (32:04):
They're up something like fifty percent. There's shares over the
last year because ceramics are used in semiconductor components. Isn't
that fascinating. There's another company that does. They've got a
windfall from data centers. They do glass making.
Speaker 21 (32:21):
No, I did know about that, because the strait's the
problem because the whole ceramic Do you again, where's the
ceramic industry based India? Yes, and so that's that's been
closed down, but anything adjacent to it is booming.
Speaker 2 (32:34):
Because of it.
Speaker 21 (32:35):
Do you know I'm going to install this is a
related love stories. No, No, don't tell me. Tell me
why we haven't done it before? Why don't we all
have Japanese toilets.
Speaker 2 (32:46):
Hey speaking preaching to the choir, Have you got a
Japanese toilet? No do I have. I have lobbied my
partner for one for a very long time.
Speaker 21 (32:53):
I reckon, Once you've had a Japanese toilet, there's no
going back.
Speaker 2 (32:57):
These are the guys that make them. Yeah, total yeah,
but they washlets and they have been around for donkeys years.
Speaker 21 (33:04):
You go to Japan, they're everywhere. They're not a thing.
It's like going to Finland and seeing a sauna. It's
like it's like having a kitchen.
Speaker 2 (33:11):
Totally.
Speaker 21 (33:12):
Everyone has a sauna. Everyone has a warm toilet.
Speaker 2 (33:14):
Well, not only that, they play music to discuss what
you're doing.
Speaker 21 (33:17):
The lift, the lift of the seat you never touched,
You never touch it, which is clean, it cleans itself,
or you were.
Speaker 2 (33:23):
Talking to the people to the time.
Speaker 21 (33:26):
I don't actually know what they cost, and I suspect
they cost a lot.
Speaker 2 (33:29):
I don't think they're that experiend when you can get
cheap versions version.
Speaker 21 (33:33):
Because that's going to break and then you're going to
try and ring somebody to come and fix your toilet.
There's not going to be no one and no one
in the country. But you want a top one. But
what would you pay? So so regular that's a thousand bucks,
that can pay two or three or four.
Speaker 2 (33:44):
I'd probably pay another five seven. Oh, you're probably made
in another seven hundred.
Speaker 21 (33:48):
Bucks for one thousand dollars. I reckon, I reckondly three
or four times more expensive than a regular toil.
Speaker 2 (33:52):
You know, we haven't even talked about the best feature
of all, which is it's cold, it's nighttime. You need
to sit down, it's warm.
Speaker 21 (33:58):
It's warm, and once you've done it, you'd never go back,
That's right. Why haven't we Why are we so third
world in this country?
Speaker 2 (34:05):
Anyway?
Speaker 21 (34:06):
Nichola Willis by the way, Ben this morning after.
Speaker 2 (34:08):
Seventh, have a great Friday. See you Monday.
Speaker 1 (34:15):
For more from Early Edition with Ryan Bridge. Listen live
to News Talks it Be from five am weekdays, or
follow the podcast on iHeartRadio.
The issues, the interviews and the insight. Ryan Bridge on
early edition with Spunk for Business Technology that keeps business
moving News talks.
Speaker 2 (00:10):
They'd be good morning, Welcome to Friday six alf to five.
Coming up, we'll do the superannuation debate. Vincent's in the
UK for US Andrew former Prince Andrew in a bit
of trouble. Curl is gold plated. Yeah we know. Tourism
Holdings Boss on charging foreigners coming here to use our parks.
The agenda FRODA, the Age of May, the hands of virus.
(00:31):
Don't worry, the World Health Organization says, we don't need
to panic.
Speaker 3 (00:35):
This is not the start of a corvid pandemic. This
is an outbreak that we see on a ship. This
is not the same situation we were in six years ago.
It doesn't spread the same way like coronaviruses do. It's
very different. It's that close intimate contact that we've seen,
and most hunted viruses don't transmit between people at all.
Speaker 2 (00:53):
Right, So the ship now sailing to the Canary Islands,
passengers will be evacuated into tenres that.
Speaker 4 (00:58):
They will be completely a stated from the pub they'll
be taken too isolated fenced off police. They will be
a vehicles. They will written area of the airport that
will be completely isolated. They will embark on aeroplanes and
then they will leave. I would say this just so
(01:19):
public in the Canary Islands, women.
Speaker 2 (01:22):
There just don't go near rap Who's that's the moral
of the story. Across the ditch, three women, the Isis
bride's alleged Isis brides. They've landed in Melbourne and straight
away that from Syria and they've been arrested.
Speaker 5 (01:34):
The Victorian Joint Counter Terrorism Team have arrested two women
at Melbourne International Airport. It is expected a fifty three
year old woman will be charged tonight or tomorrow. These
offenses each carry a maximum penalty of twenty five years imprisonment.
Speaker 2 (01:49):
And to the US, Lulu disilvers at the White House.
This is the Brazilian president alongside Trump. They'll talk about tariffs.
There's a lot of teriffs on Brazilian goods, plus the war.
Speaker 6 (01:58):
Whether there will be updates on where it's there with
peace negotiations. But it's notable that President Lula really is
one of the biggest and most outspoken critics of the
US Israel war. There He's called it madness.
Speaker 7 (02:11):
And finally this morning and there are snakes here too.
Lots of each hunt requires more energy, draining the bears
of their reserves. Kenya, famous for its big cats, the
Supreme Hunters.
Speaker 2 (02:30):
And the Supreme Voice of Nature, turns one hundred today.
Concerts planned for him at the Royal Albert Hall in London.
He's seed a special birthday message too.
Speaker 8 (02:38):
I had rather thought that I would celebrate my one
hundredth birthday quietly, but it seems that many of you
have had other ideas. I've been completely overwhelmed by birthday greetings.
Speaker 1 (02:57):
Views and views you trust to your day. It's early
edition with Ryan Bridge and Spark for Business Technology that
keeps business moving.
Speaker 2 (03:07):
Confused talks had been nine after five nine two nine
two is the number to text. He's got one of
those voices, doesn't he? So that I didn't even did
you notice there? I didn't even say his name once
during that segment, But you knew who we were talking about,
didn't you. Let's go to Australia very quickly and I'll
just run through what the isis alleged isis brides are
accused of doing and why they've been arrested because there
was a huge kafuffle at Melbourne Airport when they arrived.
(03:31):
So you got three alleged Isis brides touching down met
by security who were all wearing black clothes. It was
really bizarre and they were obviously pre arranged to come
and escort these private security of some description. Anyway, the
security ended up getting in a scuffle with the media
who were all trying to get pictures and video as
the brides arrived and come from Syria, all the way
(03:54):
from Syria. So chaos at Melbourne airport and then they're arrested.
So two of them facing charges of crimes against humanity
for enslaving a woman. Charges include possessing a slave, using
a slave, engaging in slave trading, each of which carries
a penalty of twenty five years. And it was alleged
(04:16):
that a Kurdish speaking religious minority, a woman from that community,
was who they were holding. The other one was charged
with joining a terrorist organization charming. Now, SpaceX, I want
to update you on what's happening here because we spoke
the other week about how there's likely going to be
an IPO of SpaceX. This is Musk's big space company. Well,
(04:36):
it's a rockets company, it's a satellites company. It's actually
an AI company now too. It's a bit of everything,
and boy, it'll be worth a pretty penny when it
goes on to the stock market. They reckon anywhere to
two trillion US dollars. I mean, I don't even know
how much that is. I certainly can't count it on
one hand, can you. So the IPO, there is an
event in June ahead of that. He is spending up
(04:59):
big I'm talking massive money. They're doing launch pads in Florida.
They're doing a new solar cell factory in Texas. They're
doing potentially sending up to a million AI satellites into
low Earth orbit in the years ahead. A million AI satellites.
What happens if they crash? Like it's just a big
(05:19):
dump up there? Isn't it's just a big tip in
the sky. Anyway, The amount that's being spent is eyewatering.
So there's a chip factory that they are going to
build in conjunction with Tesla, his other company. Apparently fifty
five billion dollars they are spending on this factory. Eleven
minutes after five Ryan Bread, We'll all be abed by
(05:40):
shares of course. Apparently Retail Investor is going to be
a massive part of that IPO launch when it happens
in May. You're on News Talk seed B. Coming up
next we will do the tourism changes coming the Government's
introduced a bill. We've got details. Next. News Talk sed B.
Speaker 1 (05:55):
The first word on the News of the Day, Early
edition with Ryan Bredge and Spark for Business Technology that
keeps Business Moving.
Speaker 2 (06:04):
News TALKSB five fourteen News Talks. You continue to surprise me,
dear listener. I thought people would love David Edinburgh. I
love David Edinburgh. What's not to love about David Edinburgh?
Ryan Atedinburgh Climate change Wokester says, one, Ryan although an environmentalist,
what is his carbon footprint? Yeah, but he's not like
a greta. He's not like an annoying, you know, weird
(06:26):
attention seeker. He's a professional who shows like he's one
of those people who, Yes, he talks about in the
environment and the climate, which is nothing actually inherently wrong
with it's the way you go about it. He shows
us as opposed to shouts at us, doesn't he? Ryan
Bridge fourteen after five? I tell you what he probably
(06:48):
won't like this next Tory. It's about to get easier
for tourism businesses to use conservation land. Government is introducing
the Conservation Reform Bill. It's also going to allow new
international visitor levies at some of our hot spots. Grant
Webster Tourism Holdings Limited, Chief executive with us this morning.
Gidda Grant, good morning, good morning. Good to have you
on the show. Now this can you just clarify for
(07:12):
us the tourism businesses and conservation land. What sort of
stuff are we talking here?
Speaker 9 (07:17):
Are you talking anything from jet boating ski? For us,
it's our cave operations in the way Common District. There's
so many.
Speaker 2 (07:26):
Yeah, So it's not like we're building factories on conservation land,
is it. It's tourism stuff and it's low impact.
Speaker 9 (07:33):
Absolutely, it's engaging with the environment in a really controlled
and deliberate manner.
Speaker 2 (07:39):
What do you reckon that this will do for jobs?
Speaker 9 (07:43):
I think this is fantastic All credits, Minister po Tucker.
This is long overdue, you know. His release noted it's
been over forty years and it's going to I think
create an opportunity for all round, all year round jobs
and really open up some regions as well.
Speaker 2 (08:00):
People are going to freak out about the twenty to
forty dollars levees in some of the places, like you know,
Cathedral Cove, Milford Sound. This is very common overseas, isn't it, Grant.
Speaker 9 (08:12):
Look at it is, and it's it's far better for
us to have fees like that that are in trip
rather than at the border, like the International Visitor levy.
Once you're in and going around, you go, okay, looking
extra twenty bucks to see Cathedral Cove. Great, yep, that's
that's okay. Whereas you put something in order and people
may go, yeah, I might not go to New Zealand.
Speaker 2 (08:33):
When do you actually pay it? Does the tourism operator
you know, taking you on a ride around Cathedral Cove
or on a kayak? Do they charge it? How does
it get paid?
Speaker 9 (08:44):
Look, it's different in different places around the world, and
I don't know what the detail is for this one.
I would hope that we actually wake up do something
simple and digital and hopefully Pavement of Conservation can do
something like that easy on an app GEO based. I'm
mentoring this area being on my credit card.
Speaker 2 (09:03):
Done sounds too good to be true, Grant, but let's
hope they can do it. Grant Webster Tourism Holdings Limited,
Chief Executive with US Live this morning, seventeen after five, Ryan,
it's Lego one Zeru nil. This is the massive trademark
battle that's been going on. So basically it all comes
down to one line, one promo line on a max
(09:23):
Build more plastic brick building kit that Zuru put out.
This is a Mobras outfit, the Mobras, I should say.
So they put on their Lego brick compatible. So they've
released their own Lego and they say it's which you know,
I shouldn't be using the word, should I, But here
we are, and they say it's Lego brick compatible. Now
(09:44):
Lego didn't like that because they put the Lego logo
on their brick. So they are trademark battling now. And
the Supreme Court has approved Lego's application to take further action.
So Lego's up one. This is toy wars. This is
Ego Wars, isn't it. So anyway, they're going to go
to the Court of Appeal, make their case and see
(10:05):
if they can uphold an earlier High Court ruling. It
is eighteen minutes after five year on news Talk said
be next, we'll talk infrastructure the CRL. Who would have
thought it was gold play today.
Speaker 1 (10:16):
Get ahead of the headlines on early edition with Ryan
Bridge and Spark for business technology that keeps business moving newstalks.
Speaker 2 (10:25):
That'd be right. Of course, the entry fees you should
pay them. An entry to Yozamite National Park in the
US for a US citizen is one hundred bucks. That's
US and one hundred and sixty New Zealand dollars. Imagine
what we could do with even a thirty dollars fee,
says Nathan good point. Time is twenty after five Ryan Bridge.
I'll get to the political donations in just a second
(10:45):
because that's a bit spicy. But first gold plated cost blowouts.
The government's doing a review now on why the CRL
has cost us so bloody much. Former sera OL boss
Sean Sweeney has told The Herald it could have probably
been done for two billion dollars cheaper, two billion cheap
at total cost five point five.
Speaker 10 (11:02):
I think we could have delivered this for half the cost,
but it would have looked different.
Speaker 2 (11:07):
Netleget Infrastructure New Zealand CEO with US this morning Hey, Nick,
how are you on the money?
Speaker 10 (11:15):
I wouldn't be arguing with anything shawan tween he said,
I think that when he was close to the projects,
he knows the decisions that were made, and he says
now that based on his experience, it was over specified
and over designed. And look, I think that does happen
quite a lot of infrastructure in New Zealand. We don't
(11:36):
have the proper controls, and sometimes we take too long
to plan, or we don't plan enough and we let
things drag on.
Speaker 11 (11:44):
And you know, he also.
Speaker 10 (11:45):
Makes a really key point, and that is get the
right people with the right expertise on at the start.
And that's another change. We don't do some of these
projects Ryan often enough.
Speaker 11 (11:57):
If you think about it, when was a metro rail?
Speaker 10 (12:01):
When was a metro rail project done in New Zealand
like this, it's hard to remember.
Speaker 11 (12:06):
So we don't have the expertise often.
Speaker 10 (12:08):
On shore, and we don't line things up properly, and
it's sort of a bit of a continuous cycle and
I think we've got to learn from it.
Speaker 2 (12:18):
But isn't the irony of all of this that he
himself probably shouldn't have been a hide because he says
he didn't have the experience to know that this meaning
that was being done probably shouldn't have been done.
Speaker 10 (12:30):
I think if you look at the project, we're going
to get a very high quality project. But ultimately, the
people who specify the design and agree to it, you know,
the people that contract these sort of projects, they're the.
Speaker 11 (12:46):
Ones that are ultimately in control. So you know, he's said,
look I didn't know enough.
Speaker 10 (12:51):
Fair call who was better, and uh, look it's just
the case of we just got to lift our game
as a country.
Speaker 2 (12:59):
And is it the design, the designers, the geotech.
Speaker 11 (13:03):
No, it's it's it's not.
Speaker 10 (13:04):
It's it's the who contracts the job, who pays for
the job, that's the question.
Speaker 11 (13:10):
You know, those are those are the things we've got
to look at and are they just the questions.
Speaker 2 (13:14):
A JV between the government and the council, which this
was not a good idea.
Speaker 10 (13:21):
Well, I think jvs are a good idea. We should
be doing more. But what we've got to do is
make sure that they're specifying the right designs, that they're
they're focusing on getting the right cost controls and not
you know, as he uses this word gold plating.
Speaker 11 (13:37):
You know, some of these stations.
Speaker 10 (13:39):
You know, a couple of stations are you know, the
same size as the biggest ones in the London underground
two hundred meters long. It's right, and I've just I'm
actually not in New Zealand, which is why I sound
so bright and bright.
Speaker 11 (13:55):
Eyed and bushy tailed. I'm in Norway.
Speaker 10 (13:57):
I've just looked at we just looked at a metro
development today. It's twice as long as CRL, and it's
got twice as many stations, and it's costing the same
And so we can lock to international expertise.
Speaker 11 (14:11):
The other thing though, after giving.
Speaker 10 (14:14):
Ourselves a short sharp kick, we've got to change our
behavior with the stuff.
Speaker 11 (14:18):
We've also got to remember that CRL is going to
be awesome for Auckland.
Speaker 10 (14:22):
The next challenge is to make sure that we get
the best out of it, which.
Speaker 11 (14:27):
Means getting more housing around it, got more jobs and growth.
Don't that's the bit we should hold ourselves to.
Speaker 2 (14:34):
Now, don't waste a very expensive opportunity and leget infrastructure
New Zealand and CEO twenty four after five. Here are
the numbers national six point two million. This is donations
for twenty twenty five six point two million dollars in
donations for the National Party Act two point four. Labor
also two point four actscellently ahead of them, the Greens
one point eight New Zealand first one point three. Now
(14:56):
before you go and sale, that's as big money and
big money is funding our well, it is a lot
of that, but there's also a whole bunch of individual
donations sixty five thousand under fifteen hundred bucks to Labor
and nineteen thousand under fifteen hundred bucks to National Interesting though,
the Greens can't go running around saying that big money
(15:16):
is and rich you know elites are funding the other
parties because they received one hundred and thirty two thousand
dollars from investor Robert Morgan. They at Labor, for their part,
received one hundred and twenty five grand from the Mills
family Leis Mills, Gym Empire Tycoons. Terrible twenty five after five,
(15:37):
the early edition.
Speaker 1 (15:38):
Full show podcast on iHeartRadio powered by News.
Speaker 2 (15:41):
Talks AV News talksb twenty seven after five. It is
somewhat ironic the latest lecture we're getting from an office
of global boffins is headquartered in Paris. No offense to
the French, but they are screaming out for a lesson
in basic economics. Their debt to GDP ratio one hundred
and eighteen percent, their debt sixty percent above the EU limit,
(16:02):
breaking all sorts of records for the wrong reasons. You're
used to hearing about the Italians and the Greeks in
the EU, but the French are up there with them too,
in the top three most indebted nations in the Bloc.
The country nearly fell over, remember that, trying to cut
back on pension spending. Poor old Macron. They spend billions
on stuff that we would consider nice to have. Basically,
you asked them, do you want to spend something, and
(16:22):
they say that's the French. The OCD is, of course,
a multi nation group just happens to be based in Paris,
been around since the sixties. But they've come up with
a bunch of stuff that they think that we need
to do, including linking pensions to life expectancy. So if you're,
on average, meant to live longer, you'll get your pension later.
That's the idea. This, of course, is a problem because
(16:43):
not everyone is the average. Why should somebody get super
before you, only for you? To get hit by a
bus or hit by cancer and only end up with
a few years on your Gold card getting discount public transport.
This is the same group that wanted us a few
years back, you might remember, tax property and shares. I
(17:03):
know they're also saying we should have quotas for women
on boards in publicly listed companies. I mean even Haln
Clark doesn't think that's a good idea. So a lot
of this is to say that it should be taken
with a grain of salt and probably actually better shouted
out the window of their offices in Paris. Ryan Bridge
coming and picking picking on us down here in the
(17:25):
South Pacific. You're on News Talks B twenty nine minutes
after five Vincent is in the UK for US. Next
we'll also talk about the super debate with Brad Olsen
before six. Happy Friday, said love Kisto. I'm a couple
(17:45):
of months from.
Speaker 12 (17:48):
It.
Speaker 1 (17:53):
Continue on your radio and online on iHeartRadio Belly Edition
with Ryan Bridge and Spark for Business Technology that keeps
Business Moving.
Speaker 2 (18:06):
News Talk ZB pretty far away from six Yer on
News Talks VB Vincent in the UK for US. Surely
we'll do the super debate before six and over in Australia.
There is an election this weekend which is of interest,
and we just talked about the donations for our political parties.
We're pulling Hanson's doing pretty well, thank you very much.
In fact, gena Ryan Hart, you know big mining magnate
(18:29):
as they like to call them, because it's a bit
of alliteration to it. I think that's the only reason anyway,
she's throwing a bunch of money at them. Goodbye to
the Liberal National Coalition, a lot of money going towards
one nation and pulling Hanson at the moment across the Tasman.
Now this text of lots of text over the CRL,
which is good because people are rightly annoyed at how
(18:49):
much it's costing, but doesn't mean we won't use it
when it comes. However, this person says, and I tend
to agree, though I do like Nick Leget. This person says,
why are you talking to Nick leg about infrastry? He's
got a BA in political science. What would he know
about delivering infrastructure? Look at male point, surely you need
to speak to an engineer as someone who actually can deliver.
(19:10):
I tend to agree. We do speak to him I mean,
he is the boss of Infrastructure New Zealand, so there
is a good reason to talk to him about that.
But I tend to agree that engineers kind of make sense.
And my brother in law as an engineer, and when
they talk, you go, oh yeah, you know Wayne Brown,
same thing. You go, oh yeah, that makes sense. David
Seymour he started engineering at university and you go, oh yeah,
(19:32):
kind of makes sense when they talk. Do you know
what I mean? Twenty two away.
Speaker 13 (19:36):
From six, Ryan Bridge coll.
Speaker 2 (19:39):
Him into need and colhim good morning morning. Right, winter
grazing season, you've got some flights going up over Otago.
Speaker 14 (19:46):
Yeah, the Regional Council to hear they're taking to the
skies over the next six weeks conducting compliance flights around
the region. So they'll be monitoring activities like intens of grazing, forestry, earthworks,
land surbances and machinery operating near waterways. The Regional Council
says these flyovers again a bird's eye view on land
(20:08):
use to help identify.
Speaker 2 (20:09):
Risks to water quality.
Speaker 14 (20:11):
So they say farmers and contractors are all expected to
have plans in place for managing sediment to protect Otago's waterways.
Speaker 2 (20:19):
This winter.
Speaker 14 (20:20):
We'll right, how'd you wear the calum Yeah, we'll tell
you about that. Due to the heavy rainfallcast for our region.
Rain developing for duned and today as well, possibly heavy
light winds and seventeen today.
Speaker 2 (20:30):
Nice one, Thank you, Clears and christ tore Its morning, Claire,
good morning. The stink in Bromley.
Speaker 12 (20:36):
Yeah, it's been a while since we talked about this,
but of course it all came to a head in
February when Environment Canterbury issued a christ Church City Council
with that abatement notice that was over the smell that
was particularly bad over summer. It's from the previously fire
damaged wastewater treatment plant, but now it's just from the
ponds effectively not working well. There were more than five
(20:56):
thousand complaints in a matter of weeks from people concerned
about the smell.
Speaker 6 (21:00):
Well.
Speaker 12 (21:00):
Environment Canterbury's abatement notice had demanded council provide a plan
outlighting both the short and long term odor mitigation measures.
That's when we heard from the mayor who suggested that
we just send the sewage out to the sea basically,
which surprised to many and also discussed the aquaculture industry.
But now Christich City Council says that abatement notice has
(21:20):
officially been canceled. That's come about after a review found
it no longer acquired because the council has now put
forward some plans and met the requirements.
Speaker 2 (21:29):
How'd you wear the Claire?
Speaker 12 (21:30):
Mostly cloudy, there is some occasional rain A bit later.
Northeasterly is becoming strong and high of twenty two.
Speaker 2 (21:35):
You have a great weekend, Max and Wellington Morning, Max,
good morning. I saw this footage yesterday, incredible of the orca.
Speaker 15 (21:41):
Yeah, you can watch it on the Herald. It is incredible.
Local Michael Lanzensburger was flying his drone around Wellington's south
coast when he spotted this pod of orca a cuff
a juvenile two adult orcas swimming close to the Short
Island Bay. Everyone loses their mind here when they spot
a whale or dolphin or whatever, but this is quite
something apparently, this pot of orcers. We're out hunting stingrays
(22:04):
very close to the coast. Some lucky surfers even had
seen them close up earlier around Lyle Bay and Houghton Bay.
And just to point out, an experienced drone operator well
within the rules stead clear of the airport, et cetera,
et cetera.
Speaker 2 (22:17):
Great footage. You can watch it on the Herald. It
really really I highly encourage people to do it. It was
taken on Ensac Day as well. The lighting of it,
it almost looks ai, doesn't it. It's not. It's real. Yeah,
good on him. How's your weather?
Speaker 15 (22:30):
Periods of rained strong northerlies, very strong northerlies. Indeed this afternoon,
this evening gale force eighteen. Today's hey, cheers, Max Navy,
Good morning, greetings.
Speaker 2 (22:38):
It's going on on Wypoo.
Speaker 1 (22:40):
Yes, well, let's.
Speaker 16 (22:40):
Talk about the glow Worm Cave farm. Now it's putting
out the word because it's looking for a fifty hand
to help fund its conservation work. Now the owner of
the Northland Attractions hoping, hoping a billionaire will buy forty
nine percent share of the cave and the surrounding land.
Now the Waipoo glow Worm Cave. You know, it's home
to the Milkie Way Cave, known for hosting concerts and
(23:02):
all the public tours as well. In Fox he's the owner.
He says, Look, I still want to be in charge.
I won't just take anybody, but I am open to
looking off shore. So he's hoping that the word spreads
as he starts this very he's calling it a low
key campaign. I don't think it is, but there you have.
Speaker 2 (23:18):
It, brilliant Neva.
Speaker 16 (23:19):
How's our weather cloudy, isolated showers, rain tonight, possibly heavy
and those winds will become strong tonight as well. Still warm.
Twenty one is the high here in Auckland.
Speaker 2 (23:28):
Thank you very much. You have a great weekend. It
is eighteen minutes away from six. You know, the other
day we told you that Merse, the global shipping giant,
is upping their fees almost thirty percent in terms of
the fuel surcharged coming to New Zealand, Impulse coming into
New Zealand going to push the price price of goods
that come here up. Well, the boss of Merse, the
CEO of Vincent Clerk says, I mean stating in the
(23:51):
bleeding obvious, but this is why they're doing it.
Speaker 17 (23:54):
The most important disruptions that we're faced with is the
rising energy cost, with a price of fuel that has
nearly doubled, and that implies about a half a billion
dollar off cost extra cost per month since since the
beginning of this we can do some on pressing the
cost agenda further, but for us, what is really important
(24:16):
is actually to pass on these cost increases to our
customers as much as possible so that we can protect
our margin and the operations integrity going forward.
Speaker 2 (24:26):
So unsurprising. Basically, it's the war and wheel eighteen away
from six y're on news talks here B. We're live
to the UK next. According to six on News Talks
here B, we'll get to the UK in a couple
of seconds very quickly. Back home, average rents flat and
auckland declining in Wellington. The trend continues. This is the
latest number from real estate dot co dot in z
infact in Wellington. I mean there might not be as
(24:47):
many jobs around and they might not be paying as much,
but your rent is down and whopping seventy seven bucks
on average a week over the last two years.
Speaker 1 (24:55):
International correspondence with ends and eye insurance, peace of mind
for News Island business.
Speaker 2 (25:01):
But to make of any ow UK europe correspondents and
the hint of virus the who is saying dank pinnic. Yeah,
that's right.
Speaker 18 (25:09):
They've held a press conference today saying it was not
the same situation as a couple of years ago with
COVID nineteen. Because this virus spreads through close and intimate contact.
The latest that we have on this is that five
of the eight suspected cases of hantavirus have now been confirmed,
(25:30):
and that's on top of the three people who have died,
including a sixty nine year old Dutch woman, her husband,
and a German woman who were all on this cruise ship.
The virus typically spreads from rodents, but to the latest
outbreak that who has confirmed has seen the documented cases
for the first time of human to human transmission. So
(25:53):
this is something they're keeping an eye on as they
decide what to do with the one hundred and fifty
passengers and crew from this small cruise ship that has
now docked in the Canary Islands.
Speaker 2 (26:04):
Basically, are they saying that don't freaking out because person
to person contact you basically have to be having intercourse
and order for that to happen.
Speaker 18 (26:12):
It seems so it seems like it has to be
very close contact.
Speaker 2 (26:16):
Hey, what about Andrew, former Prince Andrew in the threat
that he's been under.
Speaker 18 (26:21):
Yeah, this story has emerged today last night here in
the UK at about seven point thirty pm, It's understood
that Andrew Mountbatten Windsor was walking dogs and he has
near his new home in Norfolk, when a man wearing
a balaclava approached him and his private security started yelling
(26:41):
and apparently was acting in an intimidating manner and had
a weapon on them. Andrew and his security ran into
a car and got away. This person did sort of
try to chase them, and we understand that they have
now been arrested on suspicion of a public order offense
and possess seeing an offensive weapon.
Speaker 2 (27:02):
Appreciate your update. Vince mcaviny, a UK europe correspondent, Time
airs twelve minutes away from six Bryan B. So back
to this new OECD report for a second. They reckon
the age of eligibility for super should go up. Basically
you get the pension later. Okay, that's not so controversial
now outside of a New Zealand first in our parliament.
But recommending eligibility be linked to life expectancy that is controversial,
(27:27):
eventually rising as high as age sixty nine. Also recommending
means testing to factor in ethnicity and occupation. Nichola Willis
agrees that something has to change. On this.
Speaker 5 (27:37):
Whether or not it is through the approaches that the
OECD suggests is another question.
Speaker 18 (27:42):
But is there a form required to our superanuation settings?
Speaker 2 (27:47):
Yes, so, Brad Elson informetric CEO with us this morning.
Hey Brad, good morning. How would it work the life
expectancy part? If it's is it linked to an average
for an ethnicity or well, how would it work?
Speaker 19 (28:00):
Well? I mean all of those details would have to
be worked through when we've looked at it before. The
general better approach, in my mind, would to be to
have it to just general life expectancy, And partly that's
how you'd already get up to sort of you know,
sixty seven sixty eight as the age, because we are
just spending so much more time, we're living so much
longer that we're spending more time on New Zealand super.
(28:22):
So you could do that over time, you could look
at it stats and z brings out comprehensive life expectancy
figures over time. I'm probably less keen personally on you know,
looking things through life expectancy for different ethnicities or cohorts
only because I don't really feel that you should be
paid out earlier in life or change your expectancy just
(28:44):
because you're a different ethnicity. If we've got problems there,
and so, for example, we know that Marty die earlier,
we shouldn't pay them out because they die earlier. We
should stop them dying earlier. There's sort of a different
approach here. But long story short, the OECD has made
it clear we need to do something about super You
know it, I know it, Everyone seems to know it.
But we're also not particularly convinced it will happen. Be
(29:05):
it something around means testing all the age or life expectancy,
or for example, one of the things Treasury has talked about,
which is linking superannuation payments through to inflation rather than wages.
All of those things we're going to have to consider
because at some point otherwise we're going to hit a
bit of a fiscal cliff.
Speaker 2 (29:23):
Yeah, we're going to pay the piper. Hey, what about it? So,
just coming back to your point, and it was a
good one about ethnicity and whether you use that as
a barometer for how long somebody or how early somebody
gets super it doesn't seem I mean, it's the current
situation is not fair on average. You have to accept that.
But also if you were to say, oh, this Chinese
(29:45):
person or this Indian person or this European person gets
SUPER earlier or later. I mean, you can all get
hit by a bus tomorrow, can't you, And then you've
only had SUPER for a year or two, and then
that's not fair.
Speaker 20 (29:57):
Well exactly, and not only that, but again depending on
just how detailed you get it. You know what happens
if you then bring in the likes of you know,
the occupation that you're in. I know that's a constant
one that's brought up in terms of you know, people
who are often in more manual trades and similar and
they often can't keep.
Speaker 19 (30:13):
Working past a certain stage, and so you get into
all those complications. I guess that the worry writers that
when you look at some of those occupation groups, the
same rings true today. Like it's not like at age
sixty five today, you know, builders are just absolute spring chickens,
and at sixty five plus one, they're all of a
sudden completely destitute and unable to work. Like, the pressures
(30:34):
on occupation groups are.
Speaker 20 (30:35):
Very much there.
Speaker 19 (30:36):
I think the decision we've got to come to as
a country is at the moment we've got a universal system,
everyone broadly gets it all. At the same time, if
we move away from that, we've got to, I think,
have a much broader conversation about why, what is the
purpose of New Zealand super what are we trying to achieve?
And at the moment, I think the challenge, right Ryan,
is we keep having this conversation. I mean, we could
do this every three weeks report that.
Speaker 20 (30:57):
Comes out and says it. And are we realistic that
it's it going to change?
Speaker 19 (31:00):
I certainly feel pretty despondent that anyone's actually going to
take the bull by the horns.
Speaker 2 (31:04):
As soon as Winston Peters leaves politics and this will
all change, mark my words. Eight to six Ryan Bridge line.
Considering men die on average a few years earlier than women,
would that mean that men get to retire earlier? Very
good point. Hey. By the way, we talked the other
day about Shell about BP doing pretty well. We've got
a number now profit for shall they're British six point
(31:25):
nine billion for the first three months of the year.
That is almost a quarter more than a year ago.
And of course this is thanks to the high oil prices,
which is thanks to the war.
Speaker 13 (31:33):
News talk said b before the news breaks here it first,
Ryan Bridge on early edition with Spark for Business Technology
that keeps Business Moving News Talk said B News Talks.
Speaker 2 (31:45):
It is six minutes away from six. It is Friday morning,
and Mike is here as he always this morning, Mike,
good to see you, Ryan. Did you see you know
all of the chip companies are doing really well off
of AI. Some of the other companies, the associated companies
that are doing well, like the toilet maker, ceramic toilet
maker in Japan. Did you read about them this morning?
Speaker 19 (32:03):
No?
Speaker 21 (32:04):
I haven't.
Speaker 2 (32:04):
They're up something like fifty percent. There's shares over the
last year because ceramics are used in semiconductor components. Isn't
that fascinating. There's another company that does. They've got a
windfall from data centers. They do glass making.
Speaker 21 (32:21):
No, I did know about that, because the strait's the
problem because the whole ceramic Do you again, where's the
ceramic industry based India? Yes, and so that's that's been
closed down, but anything adjacent to it is booming.
Speaker 2 (32:34):
Because of it.
Speaker 21 (32:35):
Do you know I'm going to install this is a
related love stories. No, No, don't tell me. Tell me
why we haven't done it before? Why don't we all
have Japanese toilets.
Speaker 2 (32:46):
Hey speaking preaching to the choir, Have you got a
Japanese toilet? No do I have. I have lobbied my
partner for one for a very long time.
Speaker 21 (32:53):
I reckon, Once you've had a Japanese toilet, there's no
going back.
Speaker 2 (32:57):
These are the guys that make them. Yeah, total yeah,
but they washlets and they have been around for donkeys years.
Speaker 21 (33:04):
You go to Japan, they're everywhere. They're not a thing.
It's like going to Finland and seeing a sauna. It's
like it's like having a kitchen.
Speaker 2 (33:11):
Totally.
Speaker 21 (33:12):
Everyone has a sauna. Everyone has a warm toilet.
Speaker 2 (33:14):
Well, not only that, they play music to discuss what
you're doing.
Speaker 21 (33:17):
The lift, the lift of the seat you never touched,
You never touch it, which is clean, it cleans itself,
or you were.
Speaker 2 (33:23):
Talking to the people to the time.
Speaker 21 (33:26):
I don't actually know what they cost, and I suspect
they cost a lot.
Speaker 2 (33:29):
I don't think they're that experiend when you can get
cheap versions version.
Speaker 21 (33:33):
Because that's going to break and then you're going to
try and ring somebody to come and fix your toilet.
There's not going to be no one and no one
in the country. But you want a top one. But
what would you pay? So so regular that's a thousand bucks,
that can pay two or three or four.
Speaker 2 (33:44):
I'd probably pay another five seven. Oh, you're probably made
in another seven hundred.
Speaker 21 (33:48):
Bucks for one thousand dollars. I reckon, I reckondly three
or four times more expensive than a regular toil.
Speaker 2 (33:52):
You know, we haven't even talked about the best feature
of all, which is it's cold, it's nighttime. You need
to sit down, it's warm.
Speaker 21 (33:58):
It's warm, and once you've done it, you'd never go back,
That's right. Why haven't we Why are we so third
world in this country?
Speaker 2 (34:05):
Anyway?
Speaker 21 (34:06):
Nichola Willis by the way, Ben this morning after.
Speaker 2 (34:08):
Seventh, have a great Friday. See you Monday.
Speaker 1 (34:15):
For more from Early Edition with Ryan Bridge. Listen live
to News Talks it Be from five am weekdays, or
follow the podcast on iHeartRadio.
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