Episode Transcript
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Speaker 1 (00:01):
The issues, the interviews and the inside Andrew Dickens on
early edition with one roof make your property search simple,
U stalks.
Speaker 2 (00:11):
It'd be wellcome morning to you. Thank you so much
for choosing the program. My name is Andrew Dickens. I'm
in for Brian Bridge. It's the start of the reporting season,
so I had to wish good luck to businesses and
their investors. Let's hope we'd see some green shoots, huh
okay on the program today. Coming up in the next hour,
New Zealand first introduce a bill to stop banks withdrawing
services from customers for woke reasons. We'll have more on
(00:35):
this with a banking expert in five minutes time. There
are two new political polls out that give a lean
to the left Block Bridget Morton. Political scientists will analyze
the numbers in about ten and the Prime ministers announced
a foreign investors summit to happen next month and what
do we want to get out of it. We'll talk
to Infrastructure New Zealand just before six. We'll have correspondences
(00:55):
from right around the world and New Zealand And news
as it breaks and you can text me on ninety
two ninety two small charge applies, or you can email
me Dickens at Newstalks atb dot co dot endz.
Speaker 1 (01:07):
The agenda.
Speaker 2 (01:09):
It is seven minutes after five. It is Tuesday, the
eleventh of February, and Donald Trump is back with the tariffs,
this time on steel and aluminium. He says he'll impose
a twenty five percent import tax on all steel and
aluminium that enter the country.
Speaker 3 (01:24):
US steel making is in formerly heartland industrial states like
Pennsylvania the russ Belt, places which were key voting blocks
for mister Trump. He believes that this will protect US
steel making domestically.
Speaker 2 (01:39):
And wouldn't you know at Canada and Mexico are two
of the United states biggest steel trading partners, and Canada
is warning the tariffs would have a damaging impact on
its economy. Meanwhile, Australia says thousands of American jobs could
be lost if Donald Trump pushes ahead with those plans.
To Europe we go, and French President Emmanuel Macron says
Europe is falling behind and in the AI race. At
(02:02):
a used AI he made a deep fake video of
himself to publicize the start of a two day AI
action summit which is taking place in Paris, Du coming
Dong now see Meanwhile, ahead of today's summit, France and
(02:25):
the United Arab Emirates have agreed on a deal to
invest billions of euros to build a giant AI data center.
I think the release of that video, as funny as
it is, is ready to say people, look, there are
these fears about AI.
Speaker 4 (02:38):
It's misused.
Speaker 1 (02:38):
The deep fakes I.
Speaker 5 (02:40):
Have been used Frenan macer against lots of other politicians
as well.
Speaker 2 (02:44):
And did you watch the big game yesterday, the Super Bowl?
The Philadelphia Eagles celebrating they won forty twenty two. That's
a very flattering number for Kansas City Chiefs. This was
the fifty ninth Super Bowl play of Hollywood. A list
has responded in the stands. Taylor Swift was there, Bradley
Cooper was there, Jay Z was there, Donald Trump was there.
(03:04):
And the entertainment was Kendrick Lamar who took the stage
for the halftime show. And there was a surprise appearance
from Serena Williams's.
Speaker 1 (03:14):
Up mikel Trona Baker, ain't you tie your trying to
strike a.
Speaker 6 (03:18):
Clause in his.
Speaker 2 (03:26):
No not say not like us, Thank you very much,
Kendrick for your appearance. It is ten after five News.
Speaker 1 (03:34):
And Views you trust to start your day. It's the
early edition with Andrew Dickens and one roof Make your
Property Search Simple. You've talked sid me.
Speaker 2 (03:43):
So as I said yesterday, I am generally supportive of
the new so called golden visas which were announced on
Sunday for wealthy foreign investors wanting to come here because
you know, if you little helps right, But our the
visas a white night writing to save our economy? Do
they strike at the root of the barriers to our
wealth creation? Well not really. For all the good the
golden visas could do, there's just as much that's bad
(04:06):
about them, and they're not a unique proposition. About sixty
countries have had golden visas, but at the same time
many who instituted the visas then withdrew them due to
their unintended consequences. So Australia scrapped a similar scheme at
the beginning of the year. They decided the scheme added
little to the economy and facilitated fraud. Transparency International Australia
(04:28):
said corrupt officials and kleptocrats use golden visas as a
vehicle to park their illicit funds in Australia and hide
their proceeds of crime. Now Peter Dutton is considering reinstating them.
That's a political point of difference with Albanesi. Meanwhile, countries
in Europe have ended or titaned their schemes recently, places
like Spain, the UK, Ireland and the Netherlands. And that
(04:51):
was after the European Commission said that the golden passports
and golden visas pose serious risks to their security and
opened the door to corruption, money wandering and tax avoidance. Now,
when Australia dropped its scheme, it was calculated that it
cost them point zero zero two five percent of their GDP,
so its positive effect was negligible and so was the
(05:14):
cost of dropping them. Now compare that to Vanuatu, who
also have golden visas. They reported that their program contributed
a whopping fifty percent of government revenue in twenty twenty two,
So it's working for them. So the question for you remains,
are we more like Australia or are we more like
vanuat two? What do you think? Meanwhile, many economists will
(05:35):
agree that the key to generating wealth lays in our
hands at not unwealthy immigrants. And you know what that needs.
That needs a lower corporate tax rate and an end
to waste for spending resulting in a decrease in the
size of the state. Let's get into it. Twelve minutes
after fives. Now here's another funny old question for you.
Should the Prime Minister be getting legal advice on invading
(05:56):
the Cook Islands? No, I'm not joking Matthew Houghton's yesterday yesterday,
So we know the Cook Islands privatism about Brown is
off to China to sign a strategic partnership and other agreements.
We know that the Cook Islands is part of New Zealand,
part of our realm, and we are responsible for the
Cook Islands foreign policy and national defense. And we also
know that Cook Islanders are New Zealand citizens with all
(06:19):
the rights and responsibilities that come with that. So what
do we do about a Prime minister that's gone deal
making rogue in China? So we could cancel cut aid
to the Cook Islands, but that would simply make things
a lot worse because the matt Brown would just shrug
and say, oh, no problem, China will replace at tenfold,
which it probably would, So could we increase our aid
(06:40):
by a similar amount. That might be a better option.
But we've not got a lot of money, and that
would reward Matt Brown's bad behavior and he would come
back and ask for more. So is there a present
for invading the Cook Islands? Well?
Speaker 4 (06:53):
There is.
Speaker 2 (06:55):
David Longi ordered the SAS to invade Fiji back in
nineteen eighty seven after the coup. He said, get in
there and secure New Zealand's interests. The military refused, The
SAS refuse because Fiji's a sovereign country, free to make
their own minds up even if they're wrong. So the
question is, should Christopher Luxen do a similar thing to
what David Longi did, send the sas in take over
(07:18):
the key government buildings and tell Mark Brown to start
having more conversations. Now, that would mean setting the Sas
on New Zealand. Citizens and military don't like doing that thing.
That's akin to civil war. So should we invade, should
we cut aid? Should we increase aid? What would you do?
The text number is ninety two ninety two. And meanwhile,
(07:41):
back at home, New Zealand first has come up with
a law, a bill to stop banks withdrawing their services
for any reason other than commercial bias. This is to
stop the wake banks. Could this work? A banking expertise
next the News.
Speaker 1 (07:58):
You need this morning and begin e analysis early edition
with Andrew Dickens and one roof make your Property search
simple youth talk said.
Speaker 2 (08:06):
Be as goodbarding to you. It is now sixteen minutes
after five. So New Zealand first want banks to lend
to everyone, and they've introduced a bill to make that happen.
Speaker 4 (08:15):
Now.
Speaker 2 (08:16):
The bill would stop banks from withdrawing their services for
any reason other than a commercial basis. Withdrawal for so
called woke reasons such as environmental or social grounds would
make banks liable of fines of up to half a
million dollars. And this of course follows concerns that banks
won't lend to fossil fuel companies so that they can
achieve a clean green image. So we have a banking
(08:38):
expert with us. The associate professor at Massi University Business
School is Claire Matthews. Good morning to you, Claire, Good
morning Ellen.
Speaker 7 (08:46):
Thanks.
Speaker 2 (08:46):
What do you make of it?
Speaker 7 (08:50):
Well, given what's been said by Shane Jones and the
recent pass it's not surprising that they've chosen to do it.
But I think it's fun to mentionally under understands why
the banks are making the decisions that they are. The fundamentally,
the decisions they make are a risk management decision, and
it would appear that under the legislation that they've introduced
(09:12):
that would still be possible. So it's unlikely to make
the difference that they are looking for.
Speaker 2 (09:17):
Indeed, I mean, could the banks believe that damaging the
environment is damaging the economy actually be a valid commercial
reason for withdrawing their services.
Speaker 7 (09:28):
It could be, but it's actually more likely. The pure
risk associated with lending to mining companies and similar companies
is that there is a risk around whether these what
the future of these businesses are, and whether lending to
them is actually a good commercial decision, because there is
(09:50):
a risk that it in the future that there's a
different government that has different rules, and therefore all of
a sudden, these organizations become uncommercial and therefore there's a
huge risk to the banks associated with that.
Speaker 2 (10:02):
Yes, well, I mean, where do we draw the line
between banks doing what they want and their social license,
Because let's be honest, our super funds already they're not
investing in defense companies. So this sort of thing is
already happening.
Speaker 7 (10:15):
Absolutely, and the key WE Saber companies are doing that
because that's what the consumers have said they want. They
want to be able to choose key WE SAB funds
that are investing in what's described as an ethical way,
So people want to be able to choose their investments
in a way that aligns with their ethical belief The
reality is that we want to be able to do
(10:35):
the same thing with our banks, because we want to
bank with a company that is aligned with our ethical
beliefs as well. And as there's a company that is
not lending to fossil fuel companies and that's what we
want to see personally, then that's going to influence who
we choose to bank with. And all of a sudden,
it's removing that choice as the government is not going
to allow banks to not do that.
Speaker 2 (10:56):
Well, wait to see what happens, Claire, Thank you for
getting up with it for us. That is clear math
use the associate professor at the Massive University Business School. Meanwhile,
we had a couple of political polls that came out yesterday.
I saw television New Zealand do when they have a poll,
they really trumpet it, doesn't they They really go all
plummet and there's all lots of words when in fact
there's minor movements. But we'll have a look at these poles.
(11:17):
Two Poles next with Brigitte Morden.
Speaker 1 (11:22):
The First Word on the News of the Day Early
Edition with Andrew Dickens, and One Room to Make Your
Property Search and Simple News Talk Nippy.
Speaker 2 (11:32):
It is five twenty two, So Mikey Schuman, the political
editor of TV ands he was very excited on the
Telly last night and released the results of a poll
that give a lean to the left block and as
she says or said, spells trouble for the coalition. But
there was another one as well, the Taxpayer's Union Courier
poll reflected the same thing. It sees Labor Greens and
Tapatimali able to reach a sixty one seat target. Both
(11:54):
of the poles do support for the coalition has foremen
One News has New Zealand first teaching in their parliamentary
seat in the coalition. They're at just five percent the threshold.
Fifty percent of those polled said the country's going in
the wrong direction. So political commentator Bridget Morton is my
guest this morning. Come morning to you, Bridget, Good morning.
So are labor pulling people in or are National pushing
(12:16):
people away?
Speaker 4 (12:18):
I think it's the economy that's making everyone seem a
little bit depressed about what's going forward. So I think
that's undoubtedly one of the biggest factors, particularly in the
right track wrong track. I think also for National that
there has been a lot of distracting issues over the
last couple of months. Twenty principles building the major one,
and they want to be really talking about the economy
and what they're doing there.
Speaker 2 (12:39):
Well they are, because I don't know if you've noticed
so far this year it's been growth, growth, growth, growth, growth, growth, growth.
There's been a couple of announcements. Could this be seen
as some sort of proof that their moves on the
economy so far in twenty twenty five have not been
motivating for voters.
Speaker 4 (12:56):
I think you've got to be careful that some of these,
you know, there's just all these announcements of very very
new and help perhaps are not flowing through. A lot
of them are also about signularly that they're focusing on
that economic growth passage as opposed to necessarily moves that
are going to affect households. So you know, people are
thinking about how much their mortgage costs, how much it's
costing to get food on the table, and none of
(13:17):
those announcements are quite touching those things. Yet they're about
getting those economic settings right, So I think you're going
to see probably more of that household cost of living
message coming through as well.
Speaker 2 (13:27):
Not only that those they're not only very new numbers,
they're also miles away from the next election, So how
important are these numbers.
Speaker 4 (13:38):
Well, with polls, it's always about trends, and I think
that's what is more concerning is the fact that they
actually more voters are heading towards that you know, wrong track,
right track. That's going to be a headline number. I
think looking at whether or not labor conformer government is
probably premature, particularly when you've.
Speaker 6 (13:53):
Got to party mold.
Speaker 4 (13:54):
You're making quite radical bottom lines about commissioners with BETO
powers that actually makes at less block coalition that pretty
impossible at the moment. So it's definitely something about whether
or not they're actually getting the narrative right. And I think,
as you pointed out, they are going economic growth growth, growth,
and that's what.
Speaker 6 (14:13):
They're going to be pushing really harder the next couple
of months.
Speaker 2 (14:15):
Hey Bridget, thank you very much. And you're quite right,
Mikey Sherman. Just because you've got some software that can
actually do what a parliament might look like, you don't
have to start worrying about this two years out from
the election. That's just my own feeling on that. It
is five twenty five. It's News Talks MB.
Speaker 1 (14:30):
The Early edition full show podcast on iHeartRadio powered by
NEWSTALKSB News TALKSB.
Speaker 2 (14:37):
I'm Andrew Dickins. Good morning, Welcome to the program. Now
it only took nearly twenty years to address, but high
school rowing teams will no longer be able to have
year fourteen students and their crews. So these were young
people in their sixth year of secondary school and of
course having those guys in they gave their crews an
advantage because it had an extra year of training and development.
(14:59):
They're older, bigger, and it's been a bugbear of many
schools wanting a level playing field, and they've been finding
this for twenty years. On many of the year fourteens
were back at school finishing their academic work because their
good rowers, and they wanted to take advantage of rowing
scholarships overseas, but they needed to up their academic marks,
so they went back to school. But their schools there
still included them in their rep cruise because why not,
(15:22):
don't look a gift elephant in the mouth. Critics of
that decision said the problem was not just the young
adults themselves, the year fourteens, but also all the others
at the school who missed out on a place in
the boat because the year fourteens were there. Now, the
first move to police the practice involved putting age limits
on rowing crews, but it still saw some year fourteen
(15:44):
students with birthdays just after the cutoff competing. But while
they were technically the right age, they still brought an
advantage of an extra years training. So now finally the
year fourteens are gone, and that's a good thing. It
stopped the attitude of schools who believed and win at
any costs. It's returned fairness in sport, and it was
(16:07):
good decision making because it showed that those struggling with
rules on say transgender athletes who've been through puberty, that
it is actually possible to be fair if you're clear
minded and decisive, and we'll have more on this after
seven on the Mike Hosking.
Speaker 1 (16:23):
Breakfast Andrew dickens, So.
Speaker 2 (16:27):
Should we be invading the Cook Islands? Nobody said no yet.
Ninety two ninety two someone said, don't we have one
of our naval ships permanently based in the Cook Islands? John,
that's almost funny, But actually that's some more, isn't it.
Someone else writes about the real risk the Cook Islands
will be joining the bricks like Indonesia have. They will
(16:47):
possibly get the Chinese currency as well. If they carried
out on down this track, New Zealand will be out
of their league. Just to remind you if you didn't hear,
David Longe once upon a time suggested that the Sas
should invade Fiji after the Fiji coup, and now the
talk that maybe we should be asking our Prime minister
if he's looking at those sorts of possibilities. Keep your
texts coming. In ninety two ninety two, on the way
(17:09):
we're off to Australia, Donald Trump is back with steel tariffs,
and now Australia is involved in the conversation because they
have steel, so as you see, these tariffs are inching
their way slowly closer and closer to New Zealand. So
we'll talk those tariffs and Australia with Donald Tomayo. We'll
go right around the country and later Nick Leggott on
(17:30):
this new big Foreign Investor summit that's coming up later
this year. All on new stalks.
Speaker 7 (17:35):
They be.
Speaker 1 (17:41):
Get ahead of the headlines. On early edition Andrew Dickens
and One Room Make Your Property Search Simple News Talks.
It'd be.
Speaker 2 (18:03):
Welcome back to the program. My name is Andrew Dickins
and for Ryan Bridge. This of course is Brian Adams
who recently visited the New Zealand playing concerts in christ
Church and Auckland, and he's just gone to Perth. But
that concept was canceled because of overflowing sewage caused by
a blockage of fat, grease and rags and the concept
venue in Perth. The water authority said the blockage couldn't
(18:26):
be easily dislodged and made the venues toilets unusable. Front
Tier Touring said that the cancelation was beyond Brian's control,
no kidding, and tickets would be refunded automatically. Now I
mentioned all of this because where I stayed in the
Corimandel last weekend has a similar problem. There's a sewage
pumping station. It's going to have to have one of
those sucking trucks coming in and clearing the tanks out
because of the fat burg that's formed there. Apparently up
(18:48):
the hill there's some households who have been flushing sanitary
podacs and wet wipes and handytowers and whatever they want
down the loo and they've all congealed with all the
fat and gunk that comes out of a human body
to form what they calls a fat burg, and that's
stuffed up the whole system. So ratepayer's money is being
used to suck out the gunk. God knows where they're
(19:09):
going to put it. And I just mentioned this because
this is a warning to us all be careful of
what you've flushed down the toilet, because it doesn't just
magically disappear. It's twenty two to six. Andrew dickens, It's
time to go around the country. Calum Proctor from Dunedin,
Hello morning, Andrew. Tell me about the Queenstown property market.
Speaker 8 (19:30):
Well, it's on the rise as Auckland goes backwards Auckland's
national share of a five million dollar plus property sales
has dipped by fourteen percent in the last year alone. Meanwhile,
Queenstown's have surged by more than twenty percent in the
same period. Patterson Luxury real Estate has looked at these
figures and says there's a growing trend of people now
(19:53):
ditching Auckland for the slower paced lifestyle of places like Queenstown.
They say at least four hundred and fifty million dollars
worth of luxury Queenstown properties have been sold since twenty twenty,
and near third of that in the last year alone.
Speaker 2 (20:07):
Me, every time I've been to Queenstown, I have to
say it's pretty full on. It's not that relaxing. So
how's Dinetians where their Otagos where they callum.
Speaker 8 (20:15):
Pretty good on the whole for toned and fine but
cloudy periods. The high eighteen today?
Speaker 2 (20:19):
Good Ania Claire Shore where it joins me from Croatia
Tella Claire.
Speaker 5 (20:22):
Good morning.
Speaker 2 (20:23):
So we've got what plastic being buried and burnt on
Canterbury farms.
Speaker 9 (20:28):
Yeah, now there's some new measures to try to stop
that from happening. This is particularly focused around the hood
Anui area for now, but there is hope this will
be a service that will expand nationwide. It's the brain
work of a company called Egg Recovery. They've launched to
this pilot program in Houdunui which will allow farmers and
growers to recycle any used farm plastic. There's a drop
(20:50):
off service running twice weekly at the Wipe at a
wine house right through until mid March. It's hoped that
the data collected from this farm waste that they drop
in will help in developing a long term sustainable solution
for farmers. Now spokesperson Tony Wilson says ad Recovery is
receiving dozens of calls from farmers weekly asking for help
with this waste. He says many are struggling to deal
(21:12):
with their plastic consumption and they want to show overseas
markets their practices are sustainable.
Speaker 2 (21:16):
Tell me about Canterbury's weather.
Speaker 9 (21:19):
While it's miserable today, rain turning a bit lighter later
this morning, then clearing to find spouse for the afternoon
light winds and.
Speaker 2 (21:25):
Eighteen Max tol joins us now from Wellington. Hellimax.
Speaker 6 (21:28):
Good morning.
Speaker 2 (21:29):
So this taxpayer courier poll also confirms some negative perceptions
of Wellington.
Speaker 10 (21:35):
Yeah, so it's this one isn't Taxpayers, It is curier
though commissioned by a campaign group that was set up
recently called Better Wellington, essentially asked one thousand people in
the capital for their opinions on the state of the
city in the lead up for the election the local election.
A thousand people, by the way, is impressive. It tends
to be the number of respondents in most political polling
(21:56):
Taxpayers Union, for instance, one News variant. It shows Wellingtonians
want the City Council to overwhelmingly stick to the basics
i e. Water also overwhelmingly only fifteen percent I think
the City Council performed well last year. A majority opposed
the Golden Mile plan thirty seven percent four twenty again sorry,
(22:20):
thirty seven percent oppose it, only twenty percent supported. Only
eleven percent think social housing should be the city Council's responsibility.
That's been an issue in the spotlight I suppose in
the Capitol recently. And in terms of the mayor, forty
six percent rates Tori Fino's leadership is poor or very poor.
Only seventeen percent rated as good or very good, which
(22:42):
will spell a bit of trouble for her in the
lead up to October.
Speaker 2 (22:45):
I'm sure me if I know, is having a wonderful
morning this morning hearing all that news. How's your weather? Cloudy,
little drizzly this morning? Nineteen the high Central nev A
written man who joins us now from Walkandalla and good morning.
So the mayor has taken a swipe at all can
Transport again?
Speaker 5 (23:00):
Yes, what he's calling, as we all know, Cone Central,
Cone City. So look what's happened is at Wayne Brown?
He's spposted this video on social media and in that
video he's questioning all the road works that have been
carried out. This is on Victoria Street West, right outside Skytower.
In the video, he's saying, look, can't quite work out
what's been built over one of the road's lanes. He says,
(23:21):
what was once this really lovely, nice clean two lane
road doesn't work like that now and he's questioning whether
this new construction is for a bus cyclist or walkers.
You know what is going on now? You remember late
last year Andrew that you know, Brown stripped Aukland Transport's
right to make decisions. That was about the policy and
or the Planning and Strategy, so At says, look, this
(23:42):
is an ongoing project to extend the Victoria Street cycleway
as it was agreed by the Auckland Council.
Speaker 2 (23:47):
It's not that's wrong. Oh no, it's a park. The
plan's been out forever. It's a sort of a parky
plasari thing with the ability to take your scooters and
your cycles up there, or to be a pedestrian. But
the plan is public knowledge.
Speaker 5 (24:02):
There's so many roadworks going on, I just keep driving.
Actually I just go, oh, here's another one. One of
millions here in Auckland.
Speaker 2 (24:09):
CBD aka house Orkan's weather mainly find.
Speaker 5 (24:11):
Just a few showers in the afternoon, possibly heavy sundry
south of the city. Muggy, wasn't it muggy yesterday? Twenty
six is the high here today in Auckland.
Speaker 2 (24:19):
And I thank you so much. We're off to Australia
very shortly with Donna to Mayo. We've got Tasmanian bushfires happenings.
We'll talk about that. I talked about fatburgs just now.
Text through the fat burg that caused Brian Adams show cancelation.
It's an increasing risk and taxpayer costs for people flashing
wet wipes. They are mostly synthetics. They are plastic now
and another single use plastic that should be banned. I'm
(24:41):
surprised that text wasn't all in caps. It is seventeen to.
Speaker 1 (24:44):
Six International Correspondence with Ends and Eye Insurance, Peace of
Mind for New Zealand Business.
Speaker 2 (24:52):
Yes, goodbody, I'm Andrew Dickinson for Ryan Bridget. Is fourteen
to six and we're off to Australia and good morning Donna.
Speaker 11 (24:57):
To Moyo, good morning to you.
Speaker 2 (24:59):
So Tariff Talk comes to Australia with your Prime Minister
to talk to Donald about steel.
Speaker 11 (25:05):
Yes, mister Albinizsi, our PM is planning a chat with Trump.
He wants to make that case for fee free, sorry
free and fair trade with America. Now that we know that,
President Trump says he's going to impose his tariffs on
all steel and aluminium imports into the US. Now this
is on top of existing metal duties that we know of,
(25:26):
and he says that that's going to count for everybody.
Everybody's facing this twenty five percent tariff. So the Albanese
government has been preparing for such a decision, it says,
and it's been reported that attempts on how to secure
these tariff exemptions have been developed behind the scenes. We
know that Richard Miles, who is our Defense Minister, was
in the US on the weekend and he has been
(25:48):
meeting with senior Trump officials, but no word on that yet. Meantime,
the PM says he does have an upcoming phone call.
We're not exactly sure when that is, but he's going
to bring up tariffs, so we have to just wor
you see what happens there after that little chin wag.
Speaker 2 (26:02):
All right, just now, you've got some big bushfires in Tasmania.
Speaker 11 (26:07):
Yes many many, in fact, about sixteen blazers are raging
across Tasmania's remote west. But we know that help is
on its way and Aircraft Operations Manager is coming from
New Zealand to help with the fire fighting efforts, so
thank you very much for that. But lightning strikes that
started these bushfires in western Tasmania. It's about a week ago.
(26:28):
They're still raging. There's hundreds of people there trying to
get on top of it, and we know that there's
also specialists from New South Wales and Queensland heading down.
But unfortunately Tasy's going to have some searing heat, some
very very hot weather on its way at least for
tomorrow and Thursday. But thankfully the cold front is due
late Thursday, so hopefully that will help.
Speaker 2 (26:48):
And have we offered help.
Speaker 11 (26:51):
Yes, yes, someone from New Zealand is coming. An aircraft
operations manager apparently is on their way. Fature, we have
to say thank you very much for helping us with
our fire fighting efforts.
Speaker 2 (27:04):
Oh it's nothing, it's okay, thank you, Donald Tomay. It
is now twelve minutes to six seconds. So the Prime
Minister means business and we know this because he says
it every time he talks growth. Growth, growth, growth, growth,
growth growth. His latest announcement about growth is a two
day summit to entice interest in New Zealand projects. One
hundred world high profile investors, business leaders and construction companies
(27:29):
are expected to visit next month. Here's the PM.
Speaker 5 (27:32):
We want people from all corners of the globe to
know that there's now a culture of saying yes in
New Zealand, yes to investment, yes to innovation, and yes
to getting stuff done.
Speaker 2 (27:42):
So Infrastructure New Zealand CEO Nick Legget joins me this morning,
Good morning to your neck Hello, have you been invited?
Speaker 6 (27:49):
I told to climb the target at the target audience here.
Speaker 2 (27:53):
Well, you're there to talk. I thought that your whole
job was to talk up New Zealand and infrastructure. And
surely as infrastructure in New Zealand, you want some of
these overseas investors coming in to help you out.
Speaker 6 (28:02):
Well, I think what's important is that this is the
kind of event that shows that New Zealand is open
to business and that we are welcoming of people who
can help us build more infrastructure. Infrastructure, as we often
talk about Andrew, is an enabler to not just economic
(28:24):
growth but also social progress. We've got a big deficit
in this country. We know we need more transport infrastructure,
we need schools, hospitals and also if you think about water,
there's a massive gaping hole there as well. So across
the board we need to invest. And when you think
(28:49):
about projects that we talk about here, the missing link
is often the funding. Where is the money coming from?
And we've had we've gotten into this habit of openly
play and putting together business cases, but the money sort
of side of thing is what kills it. And Auckland
light Rail is a good example, and if you think
(29:09):
about it, let's get well into moving. But we talk
big and we don't deliver and that has to change.
And so I think the Prime Minister's got it right
in terms of actually who are the people that can
help inject some funding but also bring some other expertise
so we do infrastructure better and we know we have
a new culture of not just funding but actually building.
Speaker 2 (29:33):
That's why I asked you are you going? Do we
need to know who's coming to figure out how effective
this summit might be, because if we're inviting the wrong people,
if the wrong people are not coming, the right people
are not coming, then it's then it's just virtue signaling.
Speaker 6 (29:47):
Well, I mean, I think that it's about it's a
new habit that we have to get into. Right, It's
not all going to be fixed in one two day summer.
But what we need to know, I think more importantly
is do we have projects that are ready to be
funded and built and once people actually show interest in
(30:10):
New Zealand, are the policy settings right? And so I
think there's still work to do there and I think
that what we'd be more interested in is that something
comes out of the summer and that there's an ongoing
interest in the country, not just for two days in March,
but next year, in five years time, so we can
really build that effective pipeline that we know we need
(30:32):
to build. We get the efficiencies out of actually having
more than one project on the garden and that ongoing pipeline,
because that's the best way for New Zealand to overcome
all the challenges it's got. We don't build infrastructure well here,
we don't line the funding up, we don't line the
projects up. There's also I want to make this really clear,
it's not just about foreign direct investment. There is capital
(30:57):
in New Zealand that is keen to invest. If you
think key we Saver ew Wee Marty, there are a
whole lot of opportunities and we've got to be open
to all of them if we're going to get out
infrastructure builds done better.
Speaker 2 (31:08):
Nick Leggett, I thank you for your time. Nick Legget
is the CEO of Infrastructure New Zealand. And. Yes, we
can invite the people, but do we have the projects
ready to go? Do we have the infrastructure ready to go?
Do we have the plans that we can say to
these people, this is what we're thinking about do you
want to be part of it? And that's all on
the government, is it not? At the moment it is anyway,
it is our seven minutes to Sex. It's news talk said.
Speaker 1 (31:28):
B on your radio and online on iHeartRadio Early Edition
with Andrew Dickens and one roof Make Your Property Search
Simple Youth Talks.
Speaker 2 (31:39):
B five to six. Haven't really talked about the super Bowl.
It was over by halftime. But I've got a text
here that says the most notable thing about the Super
Bowl is that every year the halftime show is rubbish.
It's amazing how they do it. I can tell you
how they do it. They've sold it off to Apple Music,
and Apple Music then gets the guys who sell records.
But that's not necessarily what the people in the stands
and the people on the telly want to hear. The
good old days was the good old days was Prince
(32:02):
Lately it's been who I mean. I didn't know a
single thing about Kendrick la Marle Well. I do know
Kendrick Lamar, but it's not really a halftime show. May
casking Yeah morning.
Speaker 12 (32:11):
Although having said that, having watched the whole thing yesterday,
the game was over by halftime, so you were sort
of believed that there was something coming that was because
it was a waste.
Speaker 2 (32:20):
It was waste of time. And then at the end
they started throwing bombs and the bombs actually landed, and
you go, well, at least that's entertaining.
Speaker 12 (32:25):
Yeah, that's true, and the national anthem was good as well,
and so as a spectacle, it was a It was
an unfortunate normally these games not to bore everyone who
doesn't watch the NFL, but normally these games. The wonderful
thing about American football is that it's become extremely competitive,
like very tight. It's it's most unusual to see what
happened yesterday, highly unusual for a blowout like that. And
(32:46):
you saw one of the greatest players in the history
of the game in Patrick Mahomes's panic and just completely
and utterly rattled and had no idea what he was doing.
So that was signaling and the young Eagles coach you
were just reanim so happy for him as well.
Speaker 2 (33:00):
He's had a lot of grief.
Speaker 12 (33:02):
There were people I think it was two years ago,
so they won a couple of years ago, and so
they've always been but they used to be useless, like
they were a really useless site and they've turned it around.
And he was controversial, and he's been controversial with the
fans and so he's you know, he's set for life.
Speaker 6 (33:15):
Now.
Speaker 2 (33:16):
They should in New Zealand invade the Cook Islands.
Speaker 12 (33:18):
I didn't know where that came from. Houson wrote a PCs.
I just thought apparently long he.
Speaker 2 (33:24):
Suggested to the sas back during the Fijian coup and
they went, well, you know, do we care enough? I mean, honestly,
do we care enough?
Speaker 12 (33:30):
I mean, what if he comes back. I'll talk to
Prime Minister about this this morning. What if he comes back?
Brown comes back and it's actually just a we'll build
a wharf, we'll give you some new water systems, and
we're good guys. There's nothing to do.
Speaker 2 (33:41):
With is that a wharf or is that a naval Well?
Do you know what I'm saying?
Speaker 12 (33:44):
But what if it's just you know, support and help
and stuff like that, and this is the way of
the future, and what really are we going to do
about any of these countries?
Speaker 2 (33:52):
Christopher Luxem Christopher Luxeon after seven thirty very good. I'm
Andrew Dickins. I won't be back for the rest of
the week. Francisca is doing it. I'll be doing drive.
Thanks producer Kenzie, Thank you for your attendance today, Have
a great day.
Speaker 1 (34:04):
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