July 8, 2025 • 34 mins
On the Early Edition with Ryan Bridge Full Show Podcast for Wednesday 9th of July, the OCR has been cut six times in a row... what will happen today? ANZ Chief Economist Sharon Zollner joins Andrew Dickens to discuss why a cut should happen, but probably won't.
Business NZ Advocacy Director Catherine Beard explains what the Government's new AI strategy means for business.
And Mayor of Hamilton Paula Southgate reacts to Les Bleus snubbing a stay in the Tron for the final test in the series.
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Speaker 1 (00:01):
The issues, the interviews and the insight. Andrew Dickens on
early edition with ex pole insulation, keeping Kimi Holmes warm
and try this winter News Talks there'd be well.
Speaker 2 (00:13):
Good morning to you, Thank you so much for choosing
the program. I'm Andrew Dickens coming up over the next
sixty minutes. An early edition. The government decides to hoe
into AI. Now are they too late? What can they do?
And should we just let the private economy run it.
We're going to talk to Business New Zealand in about
five minutes time. The French rugby side give the gallic
(00:34):
shrug to Hamilton. They want to stay in orcan so?
Howurs Hamilton's mayor Feitling about that the extinct giant flightless
more might have another chance to roam the range. And
Sharon Zola from the A and Z talks to me
about the cash right. We'll have correspondence from around the
world and around New Zealand. Use as it brakes and
you can have your say by sending me a text.
(00:54):
The number is ninety two ninety two. Small charge applies.
If you want. You can see me an email Dickens
at News Talks here b co dot Z it's eight
minutes oter five.
Speaker 1 (01:05):
The agenda.
Speaker 2 (01:06):
Well, it's Wednesday, the ninth of July, and King Charles
has welcomed French President Emmanuel Macron for the UK's first
state visit by European leader since Brexit. The Macrons were
greeted run off the plane by Prince William and Princess Kate,
and there was all the pomp and pageantry Britain could
put on and looked amazing. The President then headed to
the Palace of Westminster, where he talked to MPs.
Speaker 3 (01:30):
And it is a very great honor to speak before
the two houses of the British Parliament, a place composed
of both the High Chamber and the Lord Chamber, a
place of history by bone and the historians, making the
place where modern democracy emerged and the principles of democratic
representation and consint were born.
Speaker 2 (01:49):
Oh, he is charming. Macron has described Francis relationship with
the UK as a brotherhood of arms, which had always
has been, except when they were at war with each other. Obviously,
and staying in Europe is heart so storing temperatures continue to
grip the continent. The city of Athens or shut at
Citadel from one till five local time in the afternoon,
as highs of forty two degrees celsius forecasts and a
(02:13):
category for wildfire warning is in place.
Speaker 4 (02:16):
The health concerns are very serious, as temperatures in several
parts of Greece exceed forty degrees celsius in those hours
where the sun is the strongest, So it's very important
that people avoid being outside when it's not absolutely necessary.
Speaker 2 (02:33):
Authority set the closures for the safety of workers and
visitors alike. And in the United States, an impostor pretending
to be the Secretary of State, Marco Rubio, used AI
to call high level officials. They contacted foreign ministers, they
contacted a governor, they contacted members of Congress. They used
voice and text messages that mimicked Rubio's speaking style.
Speaker 5 (02:57):
When asked about the cable by The Washington Post, the
State Department responded that it would quote carry out a
thorough investigation and continue to implement safeguards to prevent this
from happening in the future.
Speaker 2 (03:08):
At this stage, we don't know who's behind the scam,
and that is the threat by the way of AI,
and we're talking about AI very shortly. It's ten after
five news Talk Zidby on behalf of Aucland. I'd like
to apologize for the ongoing soap opera which is the
debate about the city's stadiums. It's been going on forever,
but as a symptom of New Zealand's general ad hoc
(03:29):
stands when it comes to the development of anything, we
wing it. We stumble forward building stuff or not building
stuff based on the problems of the past, but not
the opportunities of the future. The backers of AUCLANDFC have
pulled out of this sporting precinct development they dreamed up
for Western Springs. They cite the problems of dealing with
public land, which is understandable. Anyone who puts three hundred
(03:52):
million dollars worth of capital improvements on land they don't
own would be getting the wobbles. Plus, after a season
where they sold out a twenty five thousand seaters stadium
week after week after week, the idea of building something
that holds half that I always thought was interesting. Now,
if you have a long memory, you may remember the
council first thought that the Springs would make a great
crickets venue, which it would, but somehow they've lost that
(04:15):
nerve on that. I mean, have you heard any mention
about cricket there No, And while this bumbles on Mount
Smart or Go Media Stadium. When z accolades last year,
it was the ward for being the best large venue
of the year based on its success with AUK, the FC,
the Warriors and rock concerts. And yet Mount Smart is
a broken down wreck with a temporary stand made of
(04:37):
scaffolding which they built for an edge shearing concert which
then just stayed and stayed and stayed, no roof and
at wobbles. So where are we. Let's do something. Let's
just fix up eating park for a big test. And
since it's owned by a trust, not the city, then
maybe they should be finding a bit more private money
for it. Let ORC and the f C take over,
say North Harbor Stadium. They trained the it's the right size.
(05:01):
Let pons, rugby and concert promoters take over Western Springs.
All bring back cricket and we'll see how that works.
But for God's sake, show some love for Mount Smart.
It's done the hard yards and it proved that it works.
Sort of.
Speaker 1 (05:18):
News talk, said B.
Speaker 2 (05:20):
So you heard about the AI impersonating Marco Rubio. You've
seen THEAI everywhere. I'm using it more and more instead
of using Google, but the government's not really had a
strategy about it. Yesterday Shane Retti came up with a
strategy and so we're starting to move forward. Are we
too late? We're going to talk to Business New Zealand
and Katherine Beard next about AI on News Talk ZBB.
Speaker 1 (05:42):
Get ahead of the Headlines on Early Edition with Andrew
Dickins and ex Pole installation Keeping Kiwi Holmes Warm and
Dry this winter News Talk Sat B.
Speaker 2 (05:52):
So this week we've seen debate about whether Desindra A.
Durn should turn up in front of the Commission of
Inquiry into COVID. Yesterday that moved on to chris Hip
Dans who was noncommittal about turning up. He's going to
do some written responses, but he was very noncommittal about
actually turning up for a decent cross examination. Should Chrishipkins
be turning up, you can text me ninety two ninety two. Meanwhile,
(06:16):
the release of the government's first AI strategy outlines how
the technology can be used to boost productivity. Science, Innovation
and Technology Minister Doctor Shane Letty says private industries that
adoption of AI could boost New Zealand's GDP by seventy
six billion dollars. So Katherin Baird is Business new Zealand's
(06:36):
advocacy director and joins me right now, good morning to you, Katherine,
Good morning. So what do you reckon the government's thinking
about AI.
Speaker 6 (06:44):
Look, I think it's really great to have a strategy released.
You know, business wants to know how the government is
going to treat it in terms of legislation, and when
they get some clarity around that, that sort of gives
them more confidence to invest in the team.
Speaker 7 (07:00):
Really, So yeah, we think.
Speaker 8 (07:02):
It's a good approach.
Speaker 6 (07:02):
It's a reasonably light handed approach, and it's you know,
based on current legislation that we already have things like
the Privacy Act, Consumer Rights and Human Rights so they
will all continue to be in place, and they are
technology neutral, so they'll be sort of the guidelines.
Speaker 2 (07:22):
So it's important to have our regulatory ducks in a
row before we plunge in. But some might be saying
a hands off approach might be the best way to
just let private industry do it. I mean some of
them are already started.
Speaker 9 (07:33):
Yeah.
Speaker 6 (07:33):
Look, absolutely, there's a lot of businesses using AI currently
but I think business also wants to be doing it
responsibly because you know, to successfully use the technology, you
need to have consumer trust and we need to be
looking after people's data and their privacy. So business will
be completely up for that. But yeah, look, the productivity
(07:57):
potential is fantastic.
Speaker 2 (08:00):
So who are already using AI? I understand large businesses
have hoed in, but small businesses are a bit more reluctant.
Speaker 6 (08:09):
Yeah, that looks to be the case. So the material
that they've released shows that our small businesses have a
lower uptake than say Australian small business So that is
a bit of a concern because we don't want to
get left behind and we are a country of small
businesses and so to boost their productivity we do need
them to really embrace it. So I think in the
(08:31):
strategy there's some plans to you know, support small business
on that kind of digital journey and we certainly welcome that.
Speaker 2 (08:40):
Is this seventy six billion dollar GDP hit? Was it
an exaggeration or is that true?
Speaker 7 (08:46):
Look?
Speaker 6 (08:47):
I think people are being quite blown away about the potential.
And you know, one of the one of the companies
in the material as an example is Halter, which is
that fantastic new company that's doing you know cows. Yeah, yes, absolutely,
(09:07):
So that's that's a really great example. You know, they
use AI and that technology, they you know, getting rid
of electric fences and apparently that's a billion dollar company
already in its valuation, and it's I think it's only
really been around for about five years. So you know,
if New Zealand can like have the creativity and innovation
and use the technology to do that kind of business,
(09:28):
then you know, a great a great future.
Speaker 2 (09:32):
True. Absolutely, Now we could get a GDP boost, but
what might it mean for employment numbers? Might we be
making loads of money but have very few jobs.
Speaker 6 (09:42):
Yeah, people are concerned about the job market. I think
if we look at history and the introduction of new technology,
there will be jobs destroyed, but there will also be
jobs created. And we you know, often the jobs that
are taken out of of you know, with this new
technolo jia that sort of repetitive, dull, boring and sometimes
(10:04):
dangerous jobs. So yeah, we think people will be able
to use it. People should embrace the technology, know how
to use it and make it part of their you
know why they're a great employee because they know how
to use it and they can increase their productivity.
Speaker 2 (10:21):
Well, Catherine, here comes the future. Brace yourself. It's inevitable,
as Thanos said, and I thank you for your time today,
Catherine Beard, who's Business New Zealand's advocacy director. It is
nineteen minutes after five. So Hamilton gets a test first
time in three years, and it's the all backs versus France.
But then France turns around and says, made, no, we
do not want to stay in Hamilton. We want to
(10:42):
stay in the nice hotels up in Auckland with the
good restaurants. So how is the mayor of Hamilton feeling
about that attitude? Well, Paula Southgate is with.
Speaker 1 (10:49):
Me next on your radio and online on iHeartRadio early
edition with Andrew Dickens and ex full Insulation Keeping Keeley
homes warm and dry. This winter news talk se'd be it's.
Speaker 2 (11:03):
Five twenty one, Colin writes Andrew Shirley. All these main
players in the COVID response should have received summons to
appear weeks ago. Yeah, Colin, but it's not like a
legal thing. It's a Royal Commission of Inquiry. They get
invited so they can actually decide whether they're turning up
or not. More on this in a moment, and Kate
from the Wilder Upper says, read chippy. Of course the
(11:23):
main party should all be there. It's a royal inquiry.
If the tables were turned and the tone of the
fightings weren't so grim, you can bet your bottom dollar
that will be there taking the credit. That coward's shame
on them, Thank you, Kate.
Speaker 5 (11:33):
Right.
Speaker 2 (11:33):
The French rugby team has snubbed staying in Hamilton ahead
of the showdown of their tour with the All Blacks
the third Test. The squad will stay in Auckland until
just two days before the final match due to the
world class facilities and the accommodation available in the city
of Sales. Nevertheless, le Bleau will take on the national
squad at a sold out game at FMG Stadium on
(11:56):
Saturday the nineteenth. And I'm sure she's going to be there.
The mayor of Hamilton is Paula Southgate and she joins me, Now,
how the Paula.
Speaker 7 (12:03):
Good morning, and I absolutely am going to be there.
Speaker 2 (12:06):
Now your response to the French rugby team, can you
swear in French?
Speaker 7 (12:11):
I know I can't, can't well, and I wouldn't.
Speaker 2 (12:15):
Good on you. You had more classes than they. What
would you like to say to them?
Speaker 7 (12:19):
Oh, look, I'm not too bothered about it, to be
quite honest. We've got a fully sold out stadium, so
we've got people coming into town to have a good time.
They're going to spill out into our businesses and support
our hospitality in retail. I know we've got fantastic accommodation offer,
and I know we've got a fantastic stadium, so I
think it's a little bit more of their lost for hours.
Speaker 2 (12:41):
If this becomes a bit of a trend though, if
the word gets out to international teams around the world,
does it hurt the city's ability to host big games
going forward? After all, this is the first test you've
had for three years now.
Speaker 7 (12:53):
I don't believe it does. Look, we had FIFA in
last year. We hosted FIFA at Women's World Cup. They
said to me directly that are hosting was some of
the best they had in the whole time they were away.
They were very, very pleased with the facilities at our stadium,
with the changing facilities, with the training facilities around town,
(13:14):
and had no issues staying in Hamilton either. Look, you know,
I know, we're a great city with lots to offer.
I think it's a French's loss and our game.
Speaker 2 (13:24):
What have they lost? I mean, what are they missing
out on by not staying in Hamilton? Obviously a trip
to the gardens.
Speaker 7 (13:30):
Oh, obviously a trip to gardens number one Trip Advisor
traveler attraction in New Zealand. So that's that's something that
they should have come down to see for sure. But look,
you know, Hamilton's an easygoing city. We've got all that
you need here. We've got great hotels, we've got a
great stadium. As I say, we haven't got the traffic congestion.
It's easy to move around. It's nice and quiet, and
(13:53):
you know, I think they would have had a very
relaxing time and being they were a good form for
the game.
Speaker 2 (13:57):
They should have gone for a run around the lake.
We never go to Hamilton go for a walk around
the lake. It's very, very pretty now you say that,
you sit pretty.
Speaker 7 (14:04):
And the river Park Riverway as well.
Speaker 2 (14:06):
Of course, there's a lovely parade down the river and
you go past us spit fire and it's all good. Hey,
are you still the fastest growing city in the country?
Or has christ it's taken over that mantle.
Speaker 7 (14:17):
No, as far as I know, we're still the fastest
between the fastest for the last two years, and the
demographers that I speak to, all these population experts, as
far as they can tell us that we probably will
be for another two to five years. It's all happening
here in Hamilton. And actually, you know, I think sometimes
people forget that we're a city that's come of age
and we've got a lot of really great things going
(14:39):
on here and as I say, easy living, easy to
get around, friendly people. But at the end of the
day with the French, it doesn't matter because we're going
to beat them on the pitch.
Speaker 2 (14:52):
Hey, Paul, great, I probably should have charged you for that,
and but there we go. Poor the south Gate Mayor
of Hamilton. He's to talk to five twenty.
Speaker 1 (14:59):
Five Early edition full show podcast on iHeartRadio powered by
News Talks at ME five seven.
Speaker 2 (15:07):
So Chris Hipkins was on Kerry Woodhams Show yesterday, also
with Ryan Bridges on a streaming show on the Herald
dot co dot in z and he talked about the
COVID inquiry and he insinuated that the inquiry had been
slanted against Labor because New Zealand First is now part
of a national government and had drawn up the scope
of the inquiry to benefit them. It also came out
that he has drafted written responses to the questions the
(15:30):
Commission might ask of him, but he is noncommittal about
fronting up for a verbal grilling, a good cross examination.
Now also on the table is Justindre a Durn who
doesn't look like showing despite the wish of many for
her to be held to account. But the thing about
this commission is that it is not a trial. It's
an inquiry. It's a show trial. Really, it's a political thing,
and Chris Hipkins is still in the political game, unlike
(15:52):
to Sindra Adern, so he needs to handle this thing well.
He was the Minister of Health during the pandemic. In fact,
he was the minister of just about everything because he
would the most competent in his party. So if he
wants to be the leader of this party going into
the next election, he really must turn up and face
that cross examination of what he was part of. But
we know what he did, it's already there in black
(16:13):
and white. But what we don't know is the thought
processes that drove his actions and we haven't had the
chance to question him. And what we don't know is
his thoughts with hindsight as to what he might have
done better. So if he's honest about learning lessons about
the pandemic management, because there's going to be another pandemic
in the future, then he really must turn up and
face the heat. It'll be good for him, it'll be
good for us. If he doesn't, the conspiracy theorists that
(16:37):
he mentioned yesterday will bring all their bias to bear
against him next election. So Chris Hipkins has choices face
up and tell the truth, stand apart and let speculation
of what he calls or buy what he calls conspiracy
theorists run wild, or just quit, quit his aspiration to
become prime Minister one more time, and enjoy a retirement
(16:58):
from public life. S in your Courts news Talk said
b five twenty nine. Les Miserabla, that's Les Blue. They
send their seed team to beat our AB's and then
they snub Hamilton. They're lucky they are not playing in
Parmesan nor Today's Bonker's idea is Sir Peter Jackson and
(17:18):
some guys in America wanting to resurrect the mar I'll
give you some details on that in a few moments time.
The big news today is what will the Reserve Bank
do and with the official cash rate? And how is
our economy? Some thoughts about that a bit later on
as well. You've got early edition. I'm Andrew Dickinson for
Rian Bridge. This is news Talk set b ad on
a cardoies not to celebrate.
Speaker 1 (17:43):
News and views you trust to start your day. It's
early edition with Andrew Dickens at expol Insulation keeping Kiwi
Holmes warm and dry. This winter news talk said by.
Speaker 9 (17:57):
Me, don't you win the body?
Speaker 10 (17:59):
I can do this all to be done to dul
Good morning on the baby BOSTEO.
Speaker 2 (18:06):
Good morning, Welcome to your Wednesday. I'm Andrew Dickinson for
Ryan Bridge. Now, as you heard with Neva, today's bonkers
story is that Sir Peter Jackson and Ita who have
joined forces to genetically engineer a return of the more
that big flightless bird that went extinct six hundred years
ago as Mary hunted them into extinction. And they teamed
(18:26):
up with the American company humbly called Colossal Biosciences, and
they reckon they've got enough DNA from caves to be
able to resurrect the bird within a decade, and Peter
Jackson has so far put in ten million dollars Currently,
COLSS of Biosciences are well. They brought back the dire
wolf you heard that with Neva, but they're also working
to bring back the wooly mammoth, while also working towards
(18:49):
the resurrection of the Tasmanian tiger and of course the Dodo.
So this month, that company is based in Techno, Texas,
announced it had genetically engineered some wooly mice. Now, boys,
mouse is a long way from an elephant, but fair
play to here. Now what could possibly go wrong? Hey?
(19:10):
Is Jurassic Park becoming true the way Terminator is coming
true with the rise of AI. Scientists have already been
warning of the unintended consequences of this whole project. They
did that back in March. For instance, if the more
ever got out of the wild, I mean, who wants
to bump into an angry ten foot high bird while
on a tramp? What would they eat? Where would they go?
Could they run through our cities? The scientists have also
(19:32):
warned about resurrecting the hasted eagle because with a tongue
in cheek fair to say, they say that children could
be plucked away by the giant extinct eagle. It's all
the glorious waste of money by people who have too
much money and too much time. For God's sake, Peter,
just make a film. But of course there's one question
we're all asking about the more. What do they taste like?
(19:55):
And how do you cook them? Because I think you'll
find the more is too big for my oven. Heather's
talking about this at seven to fifty this morning. It's
twenty one to six News Talk said, be around the country.
We go Callen Proctor in Dunedin.
Speaker 11 (20:08):
Hello, Wading Andrew.
Speaker 2 (20:10):
So there's a bit of a reorganization of Southend councils
that's being investigated.
Speaker 11 (20:15):
It's been looked at by the Local Government Commission. This
follows South and Mere's proposal last August to reorganize local
government into two unitary authorities here one rural base and
one for Invercargol City. The Commissions agreed to investigate this
initiative after consulting with the authorities affected by the reorganization.
South and Mere. Rob Scott's welcoming this news. He says
(20:37):
there is need for change in their local government south
and does deserve relevant representation. He says that's connected to
their communities more efficient and also more affordable.
Speaker 2 (20:46):
And how is Otago's weather.
Speaker 11 (20:49):
It's cloudy and windy, fresh nor easterly today morning drizzle.
The highth of Duneda is ten today.
Speaker 2 (20:54):
And I thank you Claire Sherwood from Christian's joins a
good morning, good morning. How many of the current Christiach
City council is a seeking reelection?
Speaker 12 (21:01):
Well news talks s head Beacon today reveal all of
the current sixteen christ City councilor is a seeking re
election next year, well this year rather.
Speaker 13 (21:09):
In some form now.
Speaker 12 (21:10):
The majority of the city councilors want to retain their seat.
There is Heathkit Counselor Sarah Templeton, though she's giving up
her council seat and throwing everything at a mayoralty bid
up against the incumbent mayor film Major. The central ward
is also heating up. That's where we've got former city
councilor and the Opportunities Party leader Rath Mangi making a
bid to unseat the incumbent Jake McClellan in Innis. We've
(21:34):
got Allie Jones looking to topple Paulnecotter. That will be
one to watch because Alie only missed out by eight
votes in twenty twenty two for that seat. We've also
got vocal housing density opponent Tony Simon's going up against
Tyler Harrison Hunt and Ricketton and of course Newstalks s
head B's a former broadcaster, James Daniels is eyeing a
seat Mackett Council in the coastal Ward. That's four years
(21:57):
after he sparked a sixty five thousand dollars by election
when he resigned.
Speaker 2 (22:00):
So how to Canterbury's weather cloudy.
Speaker 12 (22:03):
Again today a few showers expected, northeasterly, strong and exposed
places and high of teen.
Speaker 2 (22:08):
We're joined by Max Toll from Wellington. HELLIMEX, good morning, gee,
this has just going This story is so slow. New
details of Kirie Ellen's crash, which happened sometime in the past,
have just been revealed.
Speaker 4 (22:20):
Yeah.
Speaker 9 (22:20):
Well look, our newsroom has been trying to get this
released for more than a year and police have finally
relented amid intervention by the Ombudsman. I should say and
police now except it is in the public's interest to
know more about what happened that night in Wellington events
that led to Kirie Allen's resignation. Of course, amid Labour's
election campaign. We already knew she blew over the limit
(22:41):
after crashing her car around Oriental Bay. We now know
via police that she spoke to officers and said she
was not the driver, said she wanted to speak to
her lawyer, refused to accompany officers for testing and was
hence handcuffed. Alan also was verbally abusive, according to police,
grabbed onto shrubbery, a tree or a bush at one
(23:03):
point to avoid being moved to the police car. At
the station. She was then handed a court summons, but
refused to accept it and then refused to leave the
station until the court summons disappeared. She also accused police
of charging her as a political stunt at that time.
Media have contacted Allan for comments. She was eventually fined
(23:25):
for careless driving, order to pay reparation and convicted and
discharged on a charge of refusing to accompany.
Speaker 2 (23:31):
How's Wellington's weather cloudy with.
Speaker 9 (23:33):
A few showers twelve the high Central and.
Speaker 2 (23:35):
Neva ritten man who joins me from Auklandella and Neva
good morning. So apparently there's some dropkeecks who think her
fun Friday night is wrecking in historic cemetery.
Speaker 14 (23:43):
I know this is just an outrage, isn't it?
Speaker 2 (23:46):
So?
Speaker 14 (23:46):
Yes, the vandalism. This is of historic graves at Auckland,
Saint Stephen's Chapel and Parnell. Now the very Reverend Ann
Mills says that there's about a dozen headstones and are
made of marble and sandstone. They were pushed over, shattered.
Auckland Council says this is just disgraceful and anyone with
information to contact police, and Mills says, for years, you know,
(24:07):
these graves have been maintained by volunteers and of course
the Auckland's early settlers is buried at the chapel. Mills
says that they'll be distress that people can just obliterate
historic significance with no respect respect.
Speaker 2 (24:20):
Why, what's what's the outcome of that? Exactly?
Speaker 14 (24:24):
Nothing better us today?
Speaker 2 (24:25):
Yeah, I know my sister in law got married in
that chapel. It is the most beautiful, loveliest, the most
beautiful little church in Aukland.
Speaker 14 (24:31):
How is Orchand's weather Well as cloudy, chance of a
shower scattered round developing from the afternoon a little bit warmer.
Sixteen the high.
Speaker 2 (24:38):
And I thank you now. The question that we're all wondering,
like what does more taste like? And the Texas says,
tastes like chicken. Everything tastes like chicken. It depends on
the source. Clive says, morning Andrew, what a drumstick? Wow, Yes,
that's true. And Jason writes the statement that mildly killed
all the mare is technically true. But as you say,
(24:59):
the past eagle will be a threat today. I put
it to you that the eagle was the reason the
man he killed all the more as it was the
only way to get rid of the eagle and make
it safe for their children to visit the riverside again.
All right, it is sixteen to six or the pomp
and ceremony that you could ever hope for happened overnight
in England as Emmanuel Macron visited the UK for the
(25:23):
very first time since Brexit. Gavin Gray is in the UK.
Speaker 1 (25:26):
He's next international correspondence with Ensit Eye Insurance Peace of
Mind for New Zealand Business, Good Oney two.
Speaker 2 (25:34):
It is now thirteen to six, We're off to the UK.
Gavin Gray, Hello, Hi, There, aint pomp and ceremony as
a manual. Macron comes to the UK for the very
first time since two thousand and eight, for the very
first time since Brexit.
Speaker 13 (25:49):
Yes, a three day state visit. The red carpet being
rolled out quite literally. He's just spoken to Parliament saying
that the UK and France have a duty to tackle
illegal migration with humanity, solidarity and firmness. Some people in
this country don't believe France is doing enough to prevent
the small boats from leaving their shores, and the tens
of millions of New Zealand dollars that the UK has
(26:11):
given to France to tackle the problem has simply not
been used for that purpose. Nevertheless, there's a state banquet
at Windsor Castle this evening and so far a great
deal of warmth from all the dignitaries towards Immanuel Macron.
Haven't seen any protests either, and of course the UK
very very keen to be slightly warmer towards Europe under
(26:34):
the new Prime Minister of Sekire Starmership Sirkire Starmer and
his premiership rafter the rather tough brexit use. But there's
another thing. The French are still very very angry at
the ORCA steel the deal between the US, Australia and
the UK over its defense, and the canceling at late
notice of a submarine contract between Australia and France, which
(26:58):
then led to the announcement of ORCAS a short while later.
So a few apologies I think on the way, and
well hopefully some better news for him at home as well.
Speaker 2 (27:07):
It's always slightly evolved with Orcus. And here's the thing.
The Australians went for the deal with America, and then
of course in came Donald Trump, who says, I don't
really want to worry too much about global global issues
in global pex. So maybe it's all bit of a mess.
We'll see. Now. Three men have been found guilty of
an asinatach on a London warehouse and it's got Russian
(27:28):
mercenaries involved.
Speaker 13 (27:30):
Yeah, that's right. So two twenty three year olds and
a twenty year old were found guilty today of aggravated
arson with intent to endanger life at an industrial unit.
The reason it's so important is this particular warehouse the
company sent aid and internet satellite equipment to Ukraine.
Speaker 4 (27:48):
So when it.
Speaker 13 (27:49):
Suddenly burnt down seemingly without cause, a few eyebrows were
raised and it was said that they A group had
orchestrated this arson attack on behalf of the wagon A
group or the bargainer group, which is of course the
Russian Mercenary group. The UK government has prescribed this group
as a terrorist group, and it was said that roughly
(28:09):
two point three million New Zealand dollars worth of damage
was caused in the attack at the warehouse. But of
course it did mean as well that production also was disrupted,
and that, no doubt is what the Russians were after
all along, not like in the fact that Ukraine was
receiving business and aid from this particular group. It shipped
humanitarian aid and goods to Ukraine, including the so called
(28:32):
Starlink satellite equipment that's crucial for Ukrainian troops as they
work out where the enemy is. And so consequently this
was a bit of a setback, it's thought to that
and a big warning from the Crown Prosecution Service here
that Russia cannot view the UK as some kind of
a soft target with which to do its dirty deals.
Speaker 2 (28:52):
Kevin Gray, out of the UK I thank you so much.
It's ten minutes two six now. Well I mentioned the fact,
by the way, while we're still in the UK, the
Ringo Star has been looking at the progress of the
film about him. Remember they're making four films about Ringo
Star about the Beatles, should I say one about each guys.
And he's been looking at it and he's been saying
it's looking really good. The story will be released in
(29:13):
twenty twenty eight. He had a few concerns when he
read about scenes that featured his first wife, Maureen, and
he still wonders how the films will meet the deadline.
But here would go Ringo Star happy Now. I forgot
to say that Monday was Ringo's eighty fifth birthday and
he's looking good. And once again he made his call
to the world to go outside at midday and shout
to the world peace and love. I don't know how
(29:36):
many people on Monday actually went out at midday and
said peace and love. But what I do know is
that it didn't work.
Speaker 1 (29:43):
Does that be.
Speaker 2 (29:45):
All right? The official cast rate has had six cuts
in a row. Will this end today? It's wide They
expected to hit pause, but a cut is not off
the cards. ANC chief economist Sharon's on has got up
early for us. Hello Sharon, good morning. Two days ago
I suggested a cut of twenty five basis points to
a flat three might give the moribund parts of our
(30:07):
economy a bit of a g up for summer. Was
that a silly idea?
Speaker 8 (30:12):
No, not at all. In fact, you know we're on
record is saying, actually, we think a cut is justified.
Wouldn't be a bad idea. What we've seen in a
wide range of data actually is that things have just
started to roll over a bit in the last few months.
And in fact, the Reserve Bank's own shiny new toy,
the DVP now indicator, is progesting a chance that GDP
actually i've gone backwards in the last sec three months
(30:35):
of this year. So in our mind that kind of
more than offsets the fact that GDP in the first
three months was stronger than they thought. That we actually
think that matters quite a bit. That momentum is play
failing a little bit at the moment.
Speaker 2 (30:47):
Can we just talk about that. I've been actually watching
that Reserve back now cast app which is on their website,
and it gives a real time indication of GDP, and
it's saying the economy fell back into contraction in the June.
Is that app accurate? Do you think it's readings are real?
Are we falling back into contraction?
Speaker 8 (31:06):
Well, it's not new and so far as it's just
rolling together all the indicators the Reserve Bank looks at anyway,
but it is kind of in your face, and so
you can't rule out that it might impact the committee
just by the fact that it's not their official GDP forecast.
They have their own forecasters who will take that into account,
(31:27):
but everything else as well. But our own forecast is
kind of zero point one positive.
Speaker 2 (31:33):
Sorry, So did you say zero point one?
Speaker 8 (31:37):
That's what we're our current forecast for the second quarter
as a positive.
Speaker 2 (31:41):
Let's just call the zero amongst freedom, shall we?
Speaker 8 (31:43):
Yeah, exactly. I think that's some timely reasonable.
Speaker 2 (31:46):
Yeah.
Speaker 8 (31:46):
So it does look like the economy more or less
went nowhere in the last three months that we've just finished.
Speaker 2 (31:51):
And do you think they will not do anything today?
Speaker 8 (31:55):
Well, they don't have a GDP target, they don't have
an employment target either. They've got an inflation target. And
in May there was one member of the committee who
felt pretty strongly they shouldn't have cuts back then, and
actually they couldn't reach consensus to cut. They had to
hold a vote, which is actually quite unusual. They do
prefer to all agree a very New Zealand way that
they couldn't. So it's particularly tricky one to call because
(32:19):
they're trying to guess not just what a committee will think,
but ultimately you know, this one holdout. How are they
feeling now? There was a mention in the summary record
of meeting last time that it was concerned about inflation
expectations and inflation generally, that the lingering inflation could come back,
that the members could catch fire again. We can see
(32:41):
why those concerns exists. There's certainly sticky parts of inflation,
but basically in the bigger picture, we think those concerns
will be alleviated rather than will intensify.
Speaker 2 (32:51):
Well, Sharon, thank you so much for your advice today.
Certainly it feels like inflation is rested in I mean,
look at your rates bill, eh it is five to
six to six.
Speaker 1 (33:00):
Andrew Dickens on early edition with ex bowl insulation, keeping
Kiwi homes warm and try this winter news talks.
Speaker 2 (33:08):
It'd be while talking about the resurrection of the MA.
I'm very upset that absolutely no one listening has taken
offense at my question. The biggest question of all is
what does it taste like?
Speaker 10 (33:19):
Tastes like whale?
Speaker 2 (33:21):
You reckon everyone. We'll never know everyone, What do you mean?
We'll never know if they make it. We want to
eat it. That's the human nature. You got to eat
everything once.
Speaker 10 (33:29):
Generations before you're allowed to have you eaten whale.
Speaker 13 (33:32):
No.
Speaker 10 (33:32):
Yeah, but are you sure though, because your face looks
like they're lying right now.
Speaker 2 (33:35):
No, I haven't, I have not.
Speaker 10 (33:36):
Okay, good, Well, it will be generations before you're allowed
to try the more so you're not going to be
able to and you're not allowed to try the whale,
so you'll never know.
Speaker 2 (33:42):
You're talking about this at seven fifty.
Speaker 10 (33:43):
Yeah, we are going to be talking about this and
how realistic it is. Also OCR day today probably going
to hold, should cut.
Speaker 2 (33:49):
Yes, I just said that. I just said that. Sharon
zong I agreed.
Speaker 10 (33:52):
Yep, absolutely, but we'll hold, and we'll also talk about AI.
We've got that we're the last country in the developed
will to publish an AI strategy.
Speaker 2 (33:59):
Good stuff, great show. Hither and for Mike, I'm Andrew Dickens,
I'll see it tomorrow.
Speaker 1 (34:11):
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
The issues, the interviews and the insight. Andrew Dickens on
early edition with ex pole insulation, keeping Kimi Holmes warm
and try this winter News Talks there'd be well.
Speaker 2 (00:13):
Good morning to you, Thank you so much for choosing
the program. I'm Andrew Dickens coming up over the next
sixty minutes. An early edition. The government decides to hoe
into AI. Now are they too late? What can they do?
And should we just let the private economy run it.
We're going to talk to Business New Zealand in about
five minutes time. The French rugby side give the gallic
(00:34):
shrug to Hamilton. They want to stay in orcan so?
Howurs Hamilton's mayor Feitling about that the extinct giant flightless
more might have another chance to roam the range. And
Sharon Zola from the A and Z talks to me
about the cash right. We'll have correspondence from around the
world and around New Zealand. Use as it brakes and
you can have your say by sending me a text.
(00:54):
The number is ninety two ninety two. Small charge applies.
If you want. You can see me an email Dickens
at News Talks here b co dot Z it's eight
minutes oter five.
Speaker 1 (01:05):
The agenda.
Speaker 2 (01:06):
Well, it's Wednesday, the ninth of July, and King Charles
has welcomed French President Emmanuel Macron for the UK's first
state visit by European leader since Brexit. The Macrons were
greeted run off the plane by Prince William and Princess Kate,
and there was all the pomp and pageantry Britain could
put on and looked amazing. The President then headed to
the Palace of Westminster, where he talked to MPs.
Speaker 3 (01:30):
And it is a very great honor to speak before
the two houses of the British Parliament, a place composed
of both the High Chamber and the Lord Chamber, a
place of history by bone and the historians, making the
place where modern democracy emerged and the principles of democratic
representation and consint were born.
Speaker 2 (01:49):
Oh, he is charming. Macron has described Francis relationship with
the UK as a brotherhood of arms, which had always
has been, except when they were at war with each other. Obviously,
and staying in Europe is heart so storing temperatures continue to
grip the continent. The city of Athens or shut at
Citadel from one till five local time in the afternoon,
as highs of forty two degrees celsius forecasts and a
(02:13):
category for wildfire warning is in place.
Speaker 4 (02:16):
The health concerns are very serious, as temperatures in several
parts of Greece exceed forty degrees celsius in those hours
where the sun is the strongest, So it's very important
that people avoid being outside when it's not absolutely necessary.
Speaker 2 (02:33):
Authority set the closures for the safety of workers and
visitors alike. And in the United States, an impostor pretending
to be the Secretary of State, Marco Rubio, used AI
to call high level officials. They contacted foreign ministers, they
contacted a governor, they contacted members of Congress. They used
voice and text messages that mimicked Rubio's speaking style.
Speaker 5 (02:57):
When asked about the cable by The Washington Post, the
State Department responded that it would quote carry out a
thorough investigation and continue to implement safeguards to prevent this
from happening in the future.
Speaker 2 (03:08):
At this stage, we don't know who's behind the scam,
and that is the threat by the way of AI,
and we're talking about AI very shortly. It's ten after
five news Talk Zidby on behalf of Aucland. I'd like
to apologize for the ongoing soap opera which is the
debate about the city's stadiums. It's been going on forever,
but as a symptom of New Zealand's general ad hoc
(03:29):
stands when it comes to the development of anything, we
wing it. We stumble forward building stuff or not building
stuff based on the problems of the past, but not
the opportunities of the future. The backers of AUCLANDFC have
pulled out of this sporting precinct development they dreamed up
for Western Springs. They cite the problems of dealing with
public land, which is understandable. Anyone who puts three hundred
(03:52):
million dollars worth of capital improvements on land they don't
own would be getting the wobbles. Plus, after a season
where they sold out a twenty five thousand seaters stadium
week after week after week, the idea of building something
that holds half that I always thought was interesting. Now,
if you have a long memory, you may remember the
council first thought that the Springs would make a great
crickets venue, which it would, but somehow they've lost that
(04:15):
nerve on that. I mean, have you heard any mention
about cricket there No, And while this bumbles on Mount
Smart or Go Media Stadium. When z accolades last year,
it was the ward for being the best large venue
of the year based on its success with AUK, the FC,
the Warriors and rock concerts. And yet Mount Smart is
a broken down wreck with a temporary stand made of
(04:37):
scaffolding which they built for an edge shearing concert which
then just stayed and stayed and stayed, no roof and
at wobbles. So where are we. Let's do something. Let's
just fix up eating park for a big test. And
since it's owned by a trust, not the city, then
maybe they should be finding a bit more private money
for it. Let ORC and the f C take over,
say North Harbor Stadium. They trained the it's the right size.
(05:01):
Let pons, rugby and concert promoters take over Western Springs.
All bring back cricket and we'll see how that works.
But for God's sake, show some love for Mount Smart.
It's done the hard yards and it proved that it works.
Sort of.
Speaker 1 (05:18):
News talk, said B.
Speaker 2 (05:20):
So you heard about the AI impersonating Marco Rubio. You've
seen THEAI everywhere. I'm using it more and more instead
of using Google, but the government's not really had a
strategy about it. Yesterday Shane Retti came up with a
strategy and so we're starting to move forward. Are we
too late? We're going to talk to Business New Zealand
and Katherine Beard next about AI on News Talk ZBB.
Speaker 1 (05:42):
Get ahead of the Headlines on Early Edition with Andrew
Dickins and ex Pole installation Keeping Kiwi Holmes Warm and
Dry this winter News Talk Sat B.
Speaker 2 (05:52):
So this week we've seen debate about whether Desindra A.
Durn should turn up in front of the Commission of
Inquiry into COVID. Yesterday that moved on to chris Hip
Dans who was noncommittal about turning up. He's going to
do some written responses, but he was very noncommittal about
actually turning up for a decent cross examination. Should Chrishipkins
be turning up, you can text me ninety two ninety two. Meanwhile,
(06:16):
the release of the government's first AI strategy outlines how
the technology can be used to boost productivity. Science, Innovation
and Technology Minister Doctor Shane Letty says private industries that
adoption of AI could boost New Zealand's GDP by seventy
six billion dollars. So Katherin Baird is Business new Zealand's
(06:36):
advocacy director and joins me right now, good morning to you, Katherine,
Good morning. So what do you reckon the government's thinking
about AI.
Speaker 6 (06:44):
Look, I think it's really great to have a strategy released.
You know, business wants to know how the government is
going to treat it in terms of legislation, and when
they get some clarity around that, that sort of gives
them more confidence to invest in the team.
Speaker 7 (07:00):
Really, So yeah, we think.
Speaker 8 (07:02):
It's a good approach.
Speaker 6 (07:02):
It's a reasonably light handed approach, and it's you know,
based on current legislation that we already have things like
the Privacy Act, Consumer Rights and Human Rights so they
will all continue to be in place, and they are
technology neutral, so they'll be sort of the guidelines.
Speaker 2 (07:22):
So it's important to have our regulatory ducks in a
row before we plunge in. But some might be saying
a hands off approach might be the best way to
just let private industry do it. I mean some of
them are already started.
Speaker 9 (07:33):
Yeah.
Speaker 6 (07:33):
Look, absolutely, there's a lot of businesses using AI currently
but I think business also wants to be doing it
responsibly because you know, to successfully use the technology, you
need to have consumer trust and we need to be
looking after people's data and their privacy. So business will
be completely up for that. But yeah, look, the productivity
(07:57):
potential is fantastic.
Speaker 2 (08:00):
So who are already using AI? I understand large businesses
have hoed in, but small businesses are a bit more reluctant.
Speaker 6 (08:09):
Yeah, that looks to be the case. So the material
that they've released shows that our small businesses have a
lower uptake than say Australian small business So that is
a bit of a concern because we don't want to
get left behind and we are a country of small
businesses and so to boost their productivity we do need
them to really embrace it. So I think in the
(08:31):
strategy there's some plans to you know, support small business
on that kind of digital journey and we certainly welcome that.
Speaker 2 (08:40):
Is this seventy six billion dollar GDP hit? Was it
an exaggeration or is that true?
Speaker 7 (08:46):
Look?
Speaker 6 (08:47):
I think people are being quite blown away about the potential.
And you know, one of the one of the companies
in the material as an example is Halter, which is
that fantastic new company that's doing you know cows. Yeah, yes, absolutely,
(09:07):
So that's that's a really great example. You know, they
use AI and that technology, they you know, getting rid
of electric fences and apparently that's a billion dollar company
already in its valuation, and it's I think it's only
really been around for about five years. So you know,
if New Zealand can like have the creativity and innovation
and use the technology to do that kind of business,
(09:28):
then you know, a great a great future.
Speaker 2 (09:32):
True. Absolutely, Now we could get a GDP boost, but
what might it mean for employment numbers? Might we be
making loads of money but have very few jobs.
Speaker 6 (09:42):
Yeah, people are concerned about the job market. I think
if we look at history and the introduction of new technology,
there will be jobs destroyed, but there will also be
jobs created. And we you know, often the jobs that
are taken out of of you know, with this new
technolo jia that sort of repetitive, dull, boring and sometimes
(10:04):
dangerous jobs. So yeah, we think people will be able
to use it. People should embrace the technology, know how
to use it and make it part of their you
know why they're a great employee because they know how
to use it and they can increase their productivity.
Speaker 2 (10:21):
Well, Catherine, here comes the future. Brace yourself. It's inevitable,
as Thanos said, and I thank you for your time today,
Catherine Beard, who's Business New Zealand's advocacy director. It is
nineteen minutes after five. So Hamilton gets a test first
time in three years, and it's the all backs versus France.
But then France turns around and says, made, no, we
do not want to stay in Hamilton. We want to
(10:42):
stay in the nice hotels up in Auckland with the
good restaurants. So how is the mayor of Hamilton feeling
about that attitude? Well, Paula Southgate is with.
Speaker 1 (10:49):
Me next on your radio and online on iHeartRadio early
edition with Andrew Dickens and ex full Insulation Keeping Keeley
homes warm and dry. This winter news talk se'd be it's.
Speaker 2 (11:03):
Five twenty one, Colin writes Andrew Shirley. All these main
players in the COVID response should have received summons to
appear weeks ago. Yeah, Colin, but it's not like a
legal thing. It's a Royal Commission of Inquiry. They get
invited so they can actually decide whether they're turning up
or not. More on this in a moment, and Kate
from the Wilder Upper says, read chippy. Of course the
(11:23):
main party should all be there. It's a royal inquiry.
If the tables were turned and the tone of the
fightings weren't so grim, you can bet your bottom dollar
that will be there taking the credit. That coward's shame
on them, Thank you, Kate.
Speaker 5 (11:33):
Right.
Speaker 2 (11:33):
The French rugby team has snubbed staying in Hamilton ahead
of the showdown of their tour with the All Blacks
the third Test. The squad will stay in Auckland until
just two days before the final match due to the
world class facilities and the accommodation available in the city
of Sales. Nevertheless, le Bleau will take on the national
squad at a sold out game at FMG Stadium on
(11:56):
Saturday the nineteenth. And I'm sure she's going to be there.
The mayor of Hamilton is Paula Southgate and she joins me, Now,
how the Paula.
Speaker 7 (12:03):
Good morning, and I absolutely am going to be there.
Speaker 2 (12:06):
Now your response to the French rugby team, can you
swear in French?
Speaker 7 (12:11):
I know I can't, can't well, and I wouldn't.
Speaker 2 (12:15):
Good on you. You had more classes than they. What
would you like to say to them?
Speaker 7 (12:19):
Oh, look, I'm not too bothered about it, to be
quite honest. We've got a fully sold out stadium, so
we've got people coming into town to have a good time.
They're going to spill out into our businesses and support
our hospitality in retail. I know we've got fantastic accommodation offer,
and I know we've got a fantastic stadium, so I
think it's a little bit more of their lost for hours.
Speaker 2 (12:41):
If this becomes a bit of a trend though, if
the word gets out to international teams around the world,
does it hurt the city's ability to host big games
going forward? After all, this is the first test you've
had for three years now.
Speaker 7 (12:53):
I don't believe it does. Look, we had FIFA in
last year. We hosted FIFA at Women's World Cup. They
said to me directly that are hosting was some of
the best they had in the whole time they were away.
They were very, very pleased with the facilities at our stadium,
with the changing facilities, with the training facilities around town,
(13:14):
and had no issues staying in Hamilton either. Look, you know,
I know, we're a great city with lots to offer.
I think it's a French's loss and our game.
Speaker 2 (13:24):
What have they lost? I mean, what are they missing
out on by not staying in Hamilton? Obviously a trip
to the gardens.
Speaker 7 (13:30):
Oh, obviously a trip to gardens number one Trip Advisor
traveler attraction in New Zealand. So that's that's something that
they should have come down to see for sure. But look,
you know, Hamilton's an easygoing city. We've got all that
you need here. We've got great hotels, we've got a
great stadium. As I say, we haven't got the traffic congestion.
It's easy to move around. It's nice and quiet, and
(13:53):
you know, I think they would have had a very
relaxing time and being they were a good form for
the game.
Speaker 2 (13:57):
They should have gone for a run around the lake.
We never go to Hamilton go for a walk around
the lake. It's very, very pretty now you say that,
you sit pretty.
Speaker 7 (14:04):
And the river Park Riverway as well.
Speaker 2 (14:06):
Of course, there's a lovely parade down the river and
you go past us spit fire and it's all good. Hey,
are you still the fastest growing city in the country?
Or has christ it's taken over that mantle.
Speaker 7 (14:17):
No, as far as I know, we're still the fastest
between the fastest for the last two years, and the
demographers that I speak to, all these population experts, as
far as they can tell us that we probably will
be for another two to five years. It's all happening
here in Hamilton. And actually, you know, I think sometimes
people forget that we're a city that's come of age
and we've got a lot of really great things going
(14:39):
on here and as I say, easy living, easy to
get around, friendly people. But at the end of the
day with the French, it doesn't matter because we're going
to beat them on the pitch.
Speaker 2 (14:52):
Hey, Paul, great, I probably should have charged you for that,
and but there we go. Poor the south Gate Mayor
of Hamilton. He's to talk to five twenty.
Speaker 1 (14:59):
Five Early edition full show podcast on iHeartRadio powered by
News Talks at ME five seven.
Speaker 2 (15:07):
So Chris Hipkins was on Kerry Woodhams Show yesterday, also
with Ryan Bridges on a streaming show on the Herald
dot co dot in z and he talked about the
COVID inquiry and he insinuated that the inquiry had been
slanted against Labor because New Zealand First is now part
of a national government and had drawn up the scope
of the inquiry to benefit them. It also came out
that he has drafted written responses to the questions the
(15:30):
Commission might ask of him, but he is noncommittal about
fronting up for a verbal grilling, a good cross examination.
Now also on the table is Justindre a Durn who
doesn't look like showing despite the wish of many for
her to be held to account. But the thing about
this commission is that it is not a trial. It's
an inquiry. It's a show trial. Really, it's a political thing,
and Chris Hipkins is still in the political game, unlike
(15:52):
to Sindra Adern, so he needs to handle this thing well.
He was the Minister of Health during the pandemic. In fact,
he was the minister of just about everything because he
would the most competent in his party. So if he
wants to be the leader of this party going into
the next election, he really must turn up and face
that cross examination of what he was part of. But
we know what he did, it's already there in black
(16:13):
and white. But what we don't know is the thought
processes that drove his actions and we haven't had the
chance to question him. And what we don't know is
his thoughts with hindsight as to what he might have
done better. So if he's honest about learning lessons about
the pandemic management, because there's going to be another pandemic
in the future, then he really must turn up and
face the heat. It'll be good for him, it'll be
good for us. If he doesn't, the conspiracy theorists that
(16:37):
he mentioned yesterday will bring all their bias to bear
against him next election. So Chris Hipkins has choices face
up and tell the truth, stand apart and let speculation
of what he calls or buy what he calls conspiracy
theorists run wild, or just quit, quit his aspiration to
become prime Minister one more time, and enjoy a retirement
(16:58):
from public life. S in your Courts news Talk said
b five twenty nine. Les Miserabla, that's Les Blue. They
send their seed team to beat our AB's and then
they snub Hamilton. They're lucky they are not playing in
Parmesan nor Today's Bonker's idea is Sir Peter Jackson and
(17:18):
some guys in America wanting to resurrect the mar I'll
give you some details on that in a few moments time.
The big news today is what will the Reserve Bank
do and with the official cash rate? And how is
our economy? Some thoughts about that a bit later on
as well. You've got early edition. I'm Andrew Dickinson for
Rian Bridge. This is news Talk set b ad on
a cardoies not to celebrate.
Speaker 1 (17:43):
News and views you trust to start your day. It's
early edition with Andrew Dickens at expol Insulation keeping Kiwi
Holmes warm and dry. This winter news talk said by.
Speaker 9 (17:57):
Me, don't you win the body?
Speaker 10 (17:59):
I can do this all to be done to dul
Good morning on the baby BOSTEO.
Speaker 2 (18:06):
Good morning, Welcome to your Wednesday. I'm Andrew Dickinson for
Ryan Bridge. Now, as you heard with Neva, today's bonkers
story is that Sir Peter Jackson and Ita who have
joined forces to genetically engineer a return of the more
that big flightless bird that went extinct six hundred years
ago as Mary hunted them into extinction. And they teamed
(18:26):
up with the American company humbly called Colossal Biosciences, and
they reckon they've got enough DNA from caves to be
able to resurrect the bird within a decade, and Peter
Jackson has so far put in ten million dollars Currently,
COLSS of Biosciences are well. They brought back the dire
wolf you heard that with Neva, but they're also working
to bring back the wooly mammoth, while also working towards
(18:49):
the resurrection of the Tasmanian tiger and of course the Dodo.
So this month, that company is based in Techno, Texas,
announced it had genetically engineered some wooly mice. Now, boys,
mouse is a long way from an elephant, but fair
play to here. Now what could possibly go wrong? Hey?
(19:10):
Is Jurassic Park becoming true the way Terminator is coming
true with the rise of AI. Scientists have already been
warning of the unintended consequences of this whole project. They
did that back in March. For instance, if the more
ever got out of the wild, I mean, who wants
to bump into an angry ten foot high bird while
on a tramp? What would they eat? Where would they go?
Could they run through our cities? The scientists have also
(19:32):
warned about resurrecting the hasted eagle because with a tongue
in cheek fair to say, they say that children could
be plucked away by the giant extinct eagle. It's all
the glorious waste of money by people who have too
much money and too much time. For God's sake, Peter,
just make a film. But of course there's one question
we're all asking about the more. What do they taste like?
(19:55):
And how do you cook them? Because I think you'll
find the more is too big for my oven. Heather's
talking about this at seven to fifty this morning. It's
twenty one to six News Talk said, be around the country.
We go Callen Proctor in Dunedin.
Speaker 11 (20:08):
Hello, Wading Andrew.
Speaker 2 (20:10):
So there's a bit of a reorganization of Southend councils
that's being investigated.
Speaker 11 (20:15):
It's been looked at by the Local Government Commission. This
follows South and Mere's proposal last August to reorganize local
government into two unitary authorities here one rural base and
one for Invercargol City. The Commissions agreed to investigate this
initiative after consulting with the authorities affected by the reorganization.
South and Mere. Rob Scott's welcoming this news. He says
(20:37):
there is need for change in their local government south
and does deserve relevant representation. He says that's connected to
their communities more efficient and also more affordable.
Speaker 2 (20:46):
And how is Otago's weather.
Speaker 11 (20:49):
It's cloudy and windy, fresh nor easterly today morning drizzle.
The highth of Duneda is ten today.
Speaker 2 (20:54):
And I thank you Claire Sherwood from Christian's joins a
good morning, good morning. How many of the current Christiach
City council is a seeking reelection?
Speaker 12 (21:01):
Well news talks s head Beacon today reveal all of
the current sixteen christ City councilor is a seeking re
election next year, well this year rather.
Speaker 13 (21:09):
In some form now.
Speaker 12 (21:10):
The majority of the city councilors want to retain their seat.
There is Heathkit Counselor Sarah Templeton, though she's giving up
her council seat and throwing everything at a mayoralty bid
up against the incumbent mayor film Major. The central ward
is also heating up. That's where we've got former city
councilor and the Opportunities Party leader Rath Mangi making a
bid to unseat the incumbent Jake McClellan in Innis. We've
(21:34):
got Allie Jones looking to topple Paulnecotter. That will be
one to watch because Alie only missed out by eight
votes in twenty twenty two for that seat. We've also
got vocal housing density opponent Tony Simon's going up against
Tyler Harrison Hunt and Ricketton and of course Newstalks s
head B's a former broadcaster, James Daniels is eyeing a
seat Mackett Council in the coastal Ward. That's four years
(21:57):
after he sparked a sixty five thousand dollars by election
when he resigned.
Speaker 2 (22:00):
So how to Canterbury's weather cloudy.
Speaker 12 (22:03):
Again today a few showers expected, northeasterly, strong and exposed
places and high of teen.
Speaker 2 (22:08):
We're joined by Max Toll from Wellington. HELLIMEX, good morning, gee,
this has just going This story is so slow. New
details of Kirie Ellen's crash, which happened sometime in the past,
have just been revealed.
Speaker 4 (22:20):
Yeah.
Speaker 9 (22:20):
Well look, our newsroom has been trying to get this
released for more than a year and police have finally
relented amid intervention by the Ombudsman. I should say and
police now except it is in the public's interest to
know more about what happened that night in Wellington events
that led to Kirie Allen's resignation. Of course, amid Labour's
election campaign. We already knew she blew over the limit
(22:41):
after crashing her car around Oriental Bay. We now know
via police that she spoke to officers and said she
was not the driver, said she wanted to speak to
her lawyer, refused to accompany officers for testing and was
hence handcuffed. Alan also was verbally abusive, according to police,
grabbed onto shrubbery, a tree or a bush at one
(23:03):
point to avoid being moved to the police car. At
the station. She was then handed a court summons, but
refused to accept it and then refused to leave the
station until the court summons disappeared. She also accused police
of charging her as a political stunt at that time.
Media have contacted Allan for comments. She was eventually fined
(23:25):
for careless driving, order to pay reparation and convicted and
discharged on a charge of refusing to accompany.
Speaker 2 (23:31):
How's Wellington's weather cloudy with.
Speaker 9 (23:33):
A few showers twelve the high Central and.
Speaker 2 (23:35):
Neva ritten man who joins me from Auklandella and Neva
good morning. So apparently there's some dropkeecks who think her
fun Friday night is wrecking in historic cemetery.
Speaker 14 (23:43):
I know this is just an outrage, isn't it?
Speaker 2 (23:46):
So?
Speaker 14 (23:46):
Yes, the vandalism. This is of historic graves at Auckland,
Saint Stephen's Chapel and Parnell. Now the very Reverend Ann
Mills says that there's about a dozen headstones and are
made of marble and sandstone. They were pushed over, shattered.
Auckland Council says this is just disgraceful and anyone with
information to contact police, and Mills says, for years, you know,
(24:07):
these graves have been maintained by volunteers and of course
the Auckland's early settlers is buried at the chapel. Mills
says that they'll be distress that people can just obliterate
historic significance with no respect respect.
Speaker 2 (24:20):
Why, what's what's the outcome of that? Exactly?
Speaker 14 (24:24):
Nothing better us today?
Speaker 2 (24:25):
Yeah, I know my sister in law got married in
that chapel. It is the most beautiful, loveliest, the most
beautiful little church in Aukland.
Speaker 14 (24:31):
How is Orchand's weather Well as cloudy, chance of a
shower scattered round developing from the afternoon a little bit warmer.
Sixteen the high.
Speaker 2 (24:38):
And I thank you now. The question that we're all wondering,
like what does more taste like? And the Texas says,
tastes like chicken. Everything tastes like chicken. It depends on
the source. Clive says, morning Andrew, what a drumstick? Wow, Yes,
that's true. And Jason writes the statement that mildly killed
all the mare is technically true. But as you say,
(24:59):
the past eagle will be a threat today. I put
it to you that the eagle was the reason the
man he killed all the more as it was the
only way to get rid of the eagle and make
it safe for their children to visit the riverside again.
All right, it is sixteen to six or the pomp
and ceremony that you could ever hope for happened overnight
in England as Emmanuel Macron visited the UK for the
(25:23):
very first time since Brexit. Gavin Gray is in the UK.
Speaker 1 (25:26):
He's next international correspondence with Ensit Eye Insurance Peace of
Mind for New Zealand Business, Good Oney two.
Speaker 2 (25:34):
It is now thirteen to six, We're off to the UK.
Gavin Gray, Hello, Hi, There, aint pomp and ceremony as
a manual. Macron comes to the UK for the very
first time since two thousand and eight, for the very
first time since Brexit.
Speaker 13 (25:49):
Yes, a three day state visit. The red carpet being
rolled out quite literally. He's just spoken to Parliament saying
that the UK and France have a duty to tackle
illegal migration with humanity, solidarity and firmness. Some people in
this country don't believe France is doing enough to prevent
the small boats from leaving their shores, and the tens
of millions of New Zealand dollars that the UK has
(26:11):
given to France to tackle the problem has simply not
been used for that purpose. Nevertheless, there's a state banquet
at Windsor Castle this evening and so far a great
deal of warmth from all the dignitaries towards Immanuel Macron.
Haven't seen any protests either, and of course the UK
very very keen to be slightly warmer towards Europe under
(26:34):
the new Prime Minister of Sekire Starmership Sirkire Starmer and
his premiership rafter the rather tough brexit use. But there's
another thing. The French are still very very angry at
the ORCA steel the deal between the US, Australia and
the UK over its defense, and the canceling at late
notice of a submarine contract between Australia and France, which
(26:58):
then led to the announcement of ORCAS a short while later.
So a few apologies I think on the way, and
well hopefully some better news for him at home as well.
Speaker 2 (27:07):
It's always slightly evolved with Orcus. And here's the thing.
The Australians went for the deal with America, and then
of course in came Donald Trump, who says, I don't
really want to worry too much about global global issues
in global pex. So maybe it's all bit of a mess.
We'll see. Now. Three men have been found guilty of
an asinatach on a London warehouse and it's got Russian
(27:28):
mercenaries involved.
Speaker 13 (27:30):
Yeah, that's right. So two twenty three year olds and
a twenty year old were found guilty today of aggravated
arson with intent to endanger life at an industrial unit.
The reason it's so important is this particular warehouse the
company sent aid and internet satellite equipment to Ukraine.
Speaker 4 (27:48):
So when it.
Speaker 13 (27:49):
Suddenly burnt down seemingly without cause, a few eyebrows were
raised and it was said that they A group had
orchestrated this arson attack on behalf of the wagon A
group or the bargainer group, which is of course the
Russian Mercenary group. The UK government has prescribed this group
as a terrorist group, and it was said that roughly
(28:09):
two point three million New Zealand dollars worth of damage
was caused in the attack at the warehouse. But of
course it did mean as well that production also was disrupted,
and that, no doubt is what the Russians were after
all along, not like in the fact that Ukraine was
receiving business and aid from this particular group. It shipped
humanitarian aid and goods to Ukraine, including the so called
(28:32):
Starlink satellite equipment that's crucial for Ukrainian troops as they
work out where the enemy is. And so consequently this
was a bit of a setback, it's thought to that
and a big warning from the Crown Prosecution Service here
that Russia cannot view the UK as some kind of
a soft target with which to do its dirty deals.
Speaker 2 (28:52):
Kevin Gray, out of the UK I thank you so much.
It's ten minutes two six now. Well I mentioned the fact,
by the way, while we're still in the UK, the
Ringo Star has been looking at the progress of the
film about him. Remember they're making four films about Ringo
Star about the Beatles, should I say one about each guys.
And he's been looking at it and he's been saying
it's looking really good. The story will be released in
(29:13):
twenty twenty eight. He had a few concerns when he
read about scenes that featured his first wife, Maureen, and
he still wonders how the films will meet the deadline.
But here would go Ringo Star happy Now. I forgot
to say that Monday was Ringo's eighty fifth birthday and
he's looking good. And once again he made his call
to the world to go outside at midday and shout
to the world peace and love. I don't know how
(29:36):
many people on Monday actually went out at midday and
said peace and love. But what I do know is
that it didn't work.
Speaker 1 (29:43):
Does that be.
Speaker 2 (29:45):
All right? The official cast rate has had six cuts
in a row. Will this end today? It's wide They
expected to hit pause, but a cut is not off
the cards. ANC chief economist Sharon's on has got up
early for us. Hello Sharon, good morning. Two days ago
I suggested a cut of twenty five basis points to
a flat three might give the moribund parts of our
(30:07):
economy a bit of a g up for summer. Was
that a silly idea?
Speaker 8 (30:12):
No, not at all. In fact, you know we're on
record is saying, actually, we think a cut is justified.
Wouldn't be a bad idea. What we've seen in a
wide range of data actually is that things have just
started to roll over a bit in the last few months.
And in fact, the Reserve Bank's own shiny new toy,
the DVP now indicator, is progesting a chance that GDP
actually i've gone backwards in the last sec three months
(30:35):
of this year. So in our mind that kind of
more than offsets the fact that GDP in the first
three months was stronger than they thought. That we actually
think that matters quite a bit. That momentum is play
failing a little bit at the moment.
Speaker 2 (30:47):
Can we just talk about that. I've been actually watching
that Reserve back now cast app which is on their website,
and it gives a real time indication of GDP, and
it's saying the economy fell back into contraction in the June.
Is that app accurate? Do you think it's readings are real?
Are we falling back into contraction?
Speaker 8 (31:06):
Well, it's not new and so far as it's just
rolling together all the indicators the Reserve Bank looks at anyway,
but it is kind of in your face, and so
you can't rule out that it might impact the committee
just by the fact that it's not their official GDP forecast.
They have their own forecasters who will take that into account,
(31:27):
but everything else as well. But our own forecast is
kind of zero point one positive.
Speaker 2 (31:33):
Sorry, So did you say zero point one?
Speaker 8 (31:37):
That's what we're our current forecast for the second quarter
as a positive.
Speaker 2 (31:41):
Let's just call the zero amongst freedom, shall we?
Speaker 8 (31:43):
Yeah, exactly. I think that's some timely reasonable.
Speaker 2 (31:46):
Yeah.
Speaker 8 (31:46):
So it does look like the economy more or less
went nowhere in the last three months that we've just finished.
Speaker 2 (31:51):
And do you think they will not do anything today?
Speaker 8 (31:55):
Well, they don't have a GDP target, they don't have
an employment target either. They've got an inflation target. And
in May there was one member of the committee who
felt pretty strongly they shouldn't have cuts back then, and
actually they couldn't reach consensus to cut. They had to
hold a vote, which is actually quite unusual. They do
prefer to all agree a very New Zealand way that
they couldn't. So it's particularly tricky one to call because
(32:19):
they're trying to guess not just what a committee will think,
but ultimately you know, this one holdout. How are they
feeling now? There was a mention in the summary record
of meeting last time that it was concerned about inflation
expectations and inflation generally, that the lingering inflation could come back,
that the members could catch fire again. We can see
(32:41):
why those concerns exists. There's certainly sticky parts of inflation,
but basically in the bigger picture, we think those concerns
will be alleviated rather than will intensify.
Speaker 2 (32:51):
Well, Sharon, thank you so much for your advice today.
Certainly it feels like inflation is rested in I mean,
look at your rates bill, eh it is five to
six to six.
Speaker 1 (33:00):
Andrew Dickens on early edition with ex bowl insulation, keeping
Kiwi homes warm and try this winter news talks.
Speaker 2 (33:08):
It'd be while talking about the resurrection of the MA.
I'm very upset that absolutely no one listening has taken
offense at my question. The biggest question of all is
what does it taste like?
Speaker 10 (33:19):
Tastes like whale?
Speaker 2 (33:21):
You reckon everyone. We'll never know everyone, What do you mean?
We'll never know if they make it. We want to
eat it. That's the human nature. You got to eat
everything once.
Speaker 10 (33:29):
Generations before you're allowed to have you eaten whale.
Speaker 13 (33:32):
No.
Speaker 10 (33:32):
Yeah, but are you sure though, because your face looks
like they're lying right now.
Speaker 2 (33:35):
No, I haven't, I have not.
Speaker 10 (33:36):
Okay, good, Well, it will be generations before you're allowed
to try the more so you're not going to be
able to and you're not allowed to try the whale,
so you'll never know.
Speaker 2 (33:42):
You're talking about this at seven fifty.
Speaker 10 (33:43):
Yeah, we are going to be talking about this and
how realistic it is. Also OCR day today probably going
to hold, should cut.
Speaker 2 (33:49):
Yes, I just said that. I just said that. Sharon
zong I agreed.
Speaker 10 (33:52):
Yep, absolutely, but we'll hold, and we'll also talk about AI.
We've got that we're the last country in the developed
will to publish an AI strategy.
Speaker 2 (33:59):
Good stuff, great show. Hither and for Mike, I'm Andrew Dickens,
I'll see it tomorrow.
Speaker 1 (34:11):
For more from Early Edition with Ryan Bridge, Listen live
to news talks it'd be from five am weekdays, or
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