July 14, 2026 • 34 mins
On the Early Edition with Ryan Bridge Full Show Podcast Wednesday 15th of July 2026, former broadcaster Paul Henry's the next big name making the jump to parliament, Political Commentator Brigitte Morten tells Ryan what this will mean for the Act Party.
The Reserve Bank says farmer lending dropped nearly one and a half billion in the year to April, Federated Farmers Banking Spokesperson Mark Hooper shares his thoughts.
NZ Certified Builders CEO Malcolm Fleming shares his thoughts on Cotality data which shows residential construction costs up 1.1% in the three months to June.
Plus, UK/Europe Correspondent Gavin Grey has the latest on UK Counter-terror police say the murder of the former Prisons Minister was a planned and targeted attack and several people have died in a fire at a building under construction in Brussels.
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Speaker 1 (00:00):
The issues, the interviews and the insight. Ryan Bridge on
early edition with Spark for business technology that keeps business
moving news talks.
Speaker 2 (00:10):
They'd be good morning.
Speaker 3 (00:11):
Six halfand five. Great to have your company Wall Street
bank profits are hitting new records this morning. I've got
numbers for you. IBM share prices and free full oil
is up at home act as a new candidate. Gavin's
in the UK for US and farmers are wanting to
bankers the agenda. So the fifteenth of fly Trump's already
backing down on this twenty percent toll tariff in the
(00:33):
straight of hor moves.
Speaker 4 (00:35):
So I put it out yesterday. Thought it was good.
I was told by different people different countries, and they said,
we'd love to.
Speaker 2 (00:41):
Do it a different way.
Speaker 4 (00:42):
We'd love to invest in the United States with billions
and billions of dollars as opposed to higing fee.
Speaker 2 (00:49):
And that was very satisfactory.
Speaker 3 (00:51):
Okay, he's got a Racks PM at the White House
at the moment.
Speaker 4 (00:54):
The relationship is a whole big relationship where we don't
need the military there. We're there to help them, we're
there to protect that we've need be but we don't
think that's going to be necessary.
Speaker 2 (01:03):
Iran was a big burden on Iraq.
Speaker 4 (01:06):
Because they were the vully of the Middle East, says
you know, and we were just talking about that. But
they're not going to have that problem anymore because Iran
has been very much destabilized.
Speaker 3 (01:19):
Now, all you really need to know is that he
has told Trump that, as Trump told Congress will continue
with the military action against Iran for another sixty days.
So back up right in the UK Counterterror Police there
in charge of this Anne whittakumb investigation now into her
alleged murder. They say this morning she was quote targeted.
Speaker 5 (01:40):
We're still working to understand the extent of any planning
or preparation and the motivation that sits behind that attack.
The suspect can now be held for questioning for up
to seven days under the Terrorism Act. He remains under
arrest on suspicion of commission, preparation or instagratation of acts
(02:01):
of terrorism.
Speaker 3 (02:02):
Back to COVID for a second, but staying in the UK.
Turns out we weren't the only ones who stuffed up
the Ppe. You know, the mass and the protective gear
for the doctors and the nurses, and the UK twenty
three billion new Zealand dollars this COVID inquiry. That's how
much was wasted.
Speaker 6 (02:18):
These figures demand a fundamental change and how the UK
prepares for emergency procurement. Hard ministers and officials being better
equipped with appropriate plans, information and systems, procurement decisions would
have been easier, fairer and far less costly.
Speaker 2 (02:36):
Ryan Bridge on early edition with Spark for.
Speaker 1 (02:39):
Business Technology that keeps business moving us Dog ZB.
Speaker 3 (02:43):
Nine two nine tours. The numbers text always love hearing
from you. Just gone nine minutes after five. So we
had the survey out from businesses yesterday. This is the
Nzier Survey Dune quarter. A net twelve percent of firms
expect improvement in the coming year. So people are feeling
better than certainly better than they were in Court one
of this year when it was a net one percent
of firms who were feeling cherry looking up into the
(03:07):
months ahead. So that's a good thing. The fuel price
easing that helped them along. And this is if you're
not familiar with the survey. It is the longest running one,
so it's one you pay attention to. Ten thousand businesses
get surveyed every quarter. Now these surveys went out and
came back between June tenh and July seven, So some
(03:27):
of them were pre Trump signing the MoU with Iran,
which is now not worth the papers written on, but
pre that still quite negative. The survey responses that came back,
because there were two batches, one came back before the
MoU was signed Trump and Iran, and one batch came
(03:47):
back after. The ones that came back before negative, the
ones that came back after markedly more positive. So added together,
you get a net twelve percent feeling good. However, given
where we are now, you have to wonder how positive
those people who have said they were feeling positive, whether
they're still feeling positive this morning. By the way, net
three percent of firms planning to cut investments. This is buildings, plants,
(04:11):
and machinery over the next year, which is not a
great thing, is it. However, like the tariffs, you know,
the tariffs came along and I've said this before, but
the tariffs came along last Every year Trump does something
that's a little surprise, a little jack in the box
from Trump over in the White House, something to just
really get your heart onto the collar. People freak out
and then we get over it happened last year with
(04:31):
the tariffs, happening now with the war, and this will
be over soon. He's got midterms eleven after five, Ry
and Bridge. The more numbers coming at you shortly, but
we will next we'll get to certified builders, because yes,
it will cost you a little bit more if you're
in the business of building a residential property in New Zealand.
But it's nowhere near as much as they thought it
(04:54):
would be, which is the good news part of the story.
And we're building more stuff. That's next. News Talks at Beach, the.
Speaker 1 (05:00):
Early edition Full the Show podcast on iHeartRadio, How It By,
News Talks at Me.
Speaker 2 (05:07):
Get ahead of the.
Speaker 1 (05:08):
Headlines on early edition with Ryan Bridge and Spuck for
Business Technology that keeps Business Moving.
Speaker 2 (05:15):
News Talks AB.
Speaker 3 (05:16):
Five point thirteen. A banking boss says, this could be
as good as it ever gets, and you just don't
know how long the good times are going to last.
We'll get to the blockbuster banker profits out of Wall
Street this morning in a second. But just to Australia
very briefly. You know the Isis Brides we talked about
that they've flown into Melbourne Airport they flew into Sydney
as well, just a few months ago. Well, one of
(05:38):
them is on trial. One of them is before the
Melbourne Magistrates Court right now facing charges of being a
member of a terrorist organization. This is a young woman
mother and they've put videos evidence before the court because
they're obviously you know, there's evidence being presented filmed herself training.
(05:58):
This is what she's alleged to have done. This is
a mother, thirty four year old mother with a toddler,
allegedly filmed herself training her toddlers how to use a
rifle and demanded that they show her how ge hardest
fighters should slaughter an infidel or a non believer. Can
you just imagine that for a second. And there's video
(06:18):
footage she's filming her infant allegedly while doing I mean,
it's absolutely, if true, disgusting. Messed up. Anyway, they didn't
play the video in court because the footage would have
been quote distressing for the accused. I mean, come off
at fourteen after five rainbridge. Right, Let's get to building
(06:41):
cost A building house up one point one percent in
the three months to June. This is from totality. Annual
cost growth up three and a half percent. Actually not
bad given the war price of oil, building activity starting
to gain traction as well. Malcolm Fleming, New Zealand certified
builder CEO of me this morning mal can get.
Speaker 7 (06:56):
A good morning, Ryan.
Speaker 3 (06:59):
So not as bad as it could have been. You
thought it might be.
Speaker 7 (07:03):
A surprisingly low number. I'd have to say one point
one percent, as you said in your intro for two
to two, well below what expectations were given the backdrop
of there are war and the cost escalation we saw
in building project products. Soon after it has sort of
(07:24):
calmed down the building cost escalations we're seeing. So a
pretty good number and I think it's important also in
the note that the overall number of the twelve months
is below what coutality are talking about is the usual
number of four percent.
Speaker 3 (07:41):
Manually, Yeah, who's coming? When are we going to developer
is going to come back? Because it looks like they've
all kind of pulled back. They're all a bit nervous,
which is more to do with the market than the
cost of building. But what are you seeing hearing out there?
Speaker 7 (07:53):
I'm sing to here that the market is slowly changing.
There is some enthusiasm for motion industry that we are
at the bottom of cycle coming suddenly come out of it.
We started to see some good signs and I've been
on your show earlier this year talking about but those
were and then of course we had their own war,
so that then eroded some of those gains and that
positivity was starting to see that and back in the
(08:18):
twenty eighth to Peter and when the UN war started
and the month afterwards, we were very concerned about cost
escalations and that has played out that it and slowed
things down a little bit. That the actual cost escalation
has been less than we were thinking it would be
as a good sign when you marry that up. It
was only a week or two we were talking about
(08:39):
building consent numbers for year to the end of May
being above where they were the corresponding time last year.
You were starting to be some good signals returning.
Speaker 3 (08:50):
Yeah, absolutely, Malcolm, good see you are good to hear you,
I should say, Malcolm Fleming, you's get on certified builders
CEO those numbers. By the way, seventeen minutes after five
those numbers can see it's risen from below thirty four
thousand last year to more than thirty nine thousand. That
is a good thing. How not every consent house consented
gets built, right, But the more you have consented, the
(09:13):
more chance you have of those you have consented being built. Therefore,
if it's going north, it's not a bad thing. It
is eighteen minutes after coming up, we're still going to
talk about Well, I'm still going to get to the
banking situation with the farmers, because it's quite interesting. They
had the banking inquiry, the rural banking inquiring. You think
or what's that ever going to achieve? Well, maybe it
did something or at least changed the perception that farmers
(09:36):
have about their banks and the thing that is more
important for a farmer to do with their bank, more
important than their interest rate. What is it tell you next?
News Talks the b the.
Speaker 1 (09:48):
Early Edition full show podcast on iHeart Radio, How it
By News Talks it Me on your radio and online
on Iheard Radio Early Edition. It's Ryan Bridge and Spark
for business Technology that keeps business moving.
Speaker 2 (10:04):
News Talks That b.
Speaker 3 (10:06):
Timer is twenty minutes after five. Great to have your company.
So Wall Street's big banks doing very well. Second quarter
earnings are out and it's been a bumper season for them. Basically,
why well, they've been creaming and off the back of
some very strong market activities, some IPOs. Lots of stuff
going on with stocks, lots of buying and selling and
trading and IPOs which is pushing there. You know, they
(10:27):
get fees. There's mergers and acquisitions, they get fees, all
that stuff. So JP Morgan Global banking revenue, for example,
sixty one billion dollars for the quarter, up twenty four percent.
A JP Morgan chased, similar story, Bank of America's similar story,
far exceeding analysts expectations, all of them and yet deal making.
(10:49):
I think SpaceX, the IPO rocketing into and the money
that comes with it, market volatility that's been caused by
the ditches to do with AI, but also the war
and run has helped their trading income too and their
bottom line. Twenty one after five reserve banks starting with farming,
sorry staying with banking for a second, Reserve Bank says
(11:09):
farmer lending dropped nearly one and a half billion in
the year to April. Heirback home Fonterra and their Lactalis
payout plus strong returns for red meat for dairy while
they're paying down debt. Number of farmers with mortgages under
two million forty one percent. Six months ago it was
thirty eight percent. Mark Hooper, Fed Farmers Banking spokesperson, Hey.
Speaker 2 (11:29):
Mark, good morning.
Speaker 3 (11:31):
It's interesting to see the change in the attitudes of
farmers to their banks.
Speaker 8 (11:38):
Yeah, yeah, well, I mean overall, it's it's a positive
trend at present. What we're seeing is a sixty nine
percent satisfaction rate, which is the highest that we've seen
since twenty eighteen. And at the other end of the spectrum,
those farmers that are feeling under undue pressure from their
banks down to ten percent, which is also below since
(12:00):
twenty eighteen. So a good kind of growing strong relationship.
I think happening.
Speaker 3 (12:08):
There is that a function of farmers are doing well,
so banks are less concerned or do you think there's
a genuine improvement and how they're getting.
Speaker 8 (12:17):
On well, it's no doubt a little bit of both. Certainly,
good times make for good friends, don't they. But what
we're actually seeing happen, and it's probably a reflection of
what you were reporting on there with international banks, is
(12:37):
that the New Zealand banks are currently competing quite strongly
for a share of that rural market debt and so that,
in turn, I think does drive good service and that's
probably one of the key messages that came out of
the service survey as well. It's the relationship that the
person has with the bank which tends to override a
(12:58):
lot of the other outcomes. There might be variations and
interest rates and things, but if they've got good communication,
a good relationship with their agrig manager, they tend to
be more satisfied.
Speaker 3 (13:08):
Yeah. I thought that was the most interesting thing to
come out of well. I mean, obviously the drop and borrowing,
but the most interesting thing was they care more about
the relationship, having someone decent who comes to the farm
and talks to them and they know over an interest rate.
Speaker 8 (13:29):
Yeah, yeah, that's right. But I think that internet relationship
does tend to drive some of those some of those
interest rate outcomes as well. I guess the concerning area
here is that we've got a couple of things. One
is that there is still quite a bit of variability
within that. We do still get reporting come through of
(13:50):
people having poor relationships and feeling under pressure from their banks,
and that's a reflection often of that breakdown of relationship.
But also it'll be interesting see because we don't we're
not having fear weather times with arable farmers at at
this stage they are feeling the punch quite a bit
(14:10):
more than others for a variety of reasons. And I
guess how well the bank manages those relationships will be
a reflection of the overall attitude.
Speaker 3 (14:20):
Good point, Mark Cooper, fod Farmers, Nice Tavy on the
show was always twenty four minutes after five ran Bridge show.
There's and IBM worst day on trading day for them
on record. I think today fell by more than twenty percent.
That was pre market open this morning. Our second quarter earnings.
They put a note to the market saying theyred on
July twenty second, but their earnings are going to be
(14:41):
well nowhere near as good as the analysts expected them
to be. And so the investors go, well, we've bere
to sell before we hear the bad news. So customers
apparently prioritizing spending on AI infrastructure over what they do,
which is software twenty five after five by twenty seven
news to swearing unless you're a bishop, or maybe they
(15:03):
do it in private as well. Most of us do this,
don't we, especially in New Zealand. We all know what
a GC is, and it's nothing to do with the
white sandy beaches of Queensland. You don't do it in
front of mum. Everyone knows that that's just one oh
one of swearing and you shouldn't use the words and
anger at people unless they really really deserve it, and
(15:23):
then it's fine. But have you noticed lately the media's
obsession with calling out people for swearing? Exhibit A is
a furious, apparently furious Benji Marshall, West's Tigers coach, at
the expletive laden presser. Is how they described this.
Speaker 9 (15:38):
The fact that people can make up rumors that we're
having a relationship breakdown or a risk between our friendship.
Speaker 2 (15:43):
There's absolutely so.
Speaker 3 (15:46):
The media had been saying he was in a spat
or a row with a now former player and they
were at war, et cetera, et cetera. You know what
the media does, none of which, according to Benji, was
actually true. So he responds and they say he's ranting
and swearing and quote going nuclear. Isn't that what they
used to call gaslighting? Remember that? Then there was Winston
(16:06):
Peters and you will remember this one.
Speaker 6 (16:08):
I haven't been around this long to come on this
program to talk about that sort of wake up question.
Speaker 10 (16:13):
Now the media called that a foul language outburst. How
can a word that so many people use describing an
act that clearly so many people do be so offensive
and worthy of mention. Christine Fletcher Orcland Council complains about
swearing and the council chambers at the moment the Dunedin
Council boss, did you see this yesterday? Was done for
(16:35):
swearing about counselors and calling them bad words behind their backs.
Speaker 3 (16:38):
Who hasn't done that? The truth is that most of
us don't mind occasionally too much and you sound like
trash too little, and you sound a bit too cautious
directed in anger. Never a good idea should not happen
at work either. The obsession with people using it from
time to time though, especially in the age of the
Internet where people do and say whatever they want, well
(17:03):
that's a waste of beeping time. Ryan Bridge addition twenty nine,
after five news talks B we'll get to the UK
that whittickim, I mean I told you this yesterday. The
terrorism charges. So they came out on day one and
said nte, we think it's we think it's nothing to do.
There's no political motivation. This is a reform spokesperson on immigration. No,
(17:25):
we think that's nothing now. Of course they're investigating, so
we'll talk through our correspondent about that. News Talks at B.
Speaker 1 (17:39):
The Early edition Folk Show podcast on iHeartRadio, Power it
by News Talks it B.
Speaker 2 (17:45):
Before the news breaks here it first.
Speaker 1 (17:48):
Ryan Bridge on early edition with spark for business technology
that keeps business moving.
Speaker 2 (17:54):
News Talks at B.
Speaker 3 (18:01):
Were away from sixty News Talk said, be great to
have you coming this morning. What exactly is Paul Henry
going to do in Parliament? That's in fifteen minutes from now.
We'll get to the UK for the latest on this
invent now terrorism investigation into the death of an MP
former minister, Conservative minister and whittikem Now a couple of
things to update you on from overnight. So JP Morgan
(18:22):
chief Jamie Diamond, we've spoken about him on the show before.
He says it's getting close to as good as it gets.
This after announcing massive banker profits over their bumper banking
profits four quarter two. We just don't know how long
it's going to last. Now. Nasdaq is up overnight. June
inflation for the US came in at three and a
half percent. That's actually less than expected. So as a
(18:44):
result of that, all of the investors said, ok, the
odds of an interest rate hike that we thought was
coming this month went from forty two percent saying yeah,
we think we're going they're going to have to hike
interistrates to about sixteen percent. And then Wash, who is
resent now with the feed he's taken questions from lawmakers,
say no, no, don't worry, I'll deal with inflation. So that
(19:07):
prediction is pretty much up in the air. As we
go to ERE this morning, and a little number four
you oh, price of oil, So it's come back down.
It's about eighty It was up as high as eighty
seven dollars a barrel. This is the benchmark Brent crude.
Trump said he taxed the straight. Now he's saying you
won't tax the straight. So again up in the air.
I mean we could sit here and endlessly go through
(19:30):
the menuchet of everything that Trump says about the Strait,
but I would be wasting your time and I would
be wasting my time too. Frankly, twenty two minutes away
from six Ryan, let's go to our reporters. Callum, good morning, morning. Right,
what's the update with Waki Hospital.
Speaker 11 (19:46):
Well, we know now that this independence inquiry will take
place in secure at the facility and it will examine
ryan whether the patients were treated lawfully and appropriately or not.
Ward TENA is what's under the microscope here at twelve
unit for adults with intellectual disabilities involved in the justice system.
It's closing after Ombudsman inspectors found evidence of punitive and
(20:08):
coercive treatment and including one patient being kept in isolation
for eighteen months. The Ministry of Health released the terms
of references for this inquiry which it's commissioning. It says
it'll examine care provided over the past two years, including
whether wider systemic issues need addressing, and its findings will
be reported to the Director General of Health within six months.
Speaker 3 (20:28):
All right, how's your weather?
Speaker 11 (20:30):
A few showers this morning and afternoon northwest is today
the high ten nice one.
Speaker 3 (20:34):
Thanks Callum Claire and christ Church morning Claire, good morning.
Are people being scammed at parking machines?
Speaker 9 (20:40):
Well, that's what it seems. Christ Church residents are been
warned to watch out for these fake stickers that have
been placed on parking machines directing them to fake payment websites.
The city Council put out an urgent alert yesterday afternoon
after discovering these QR code stickers had been placed over
parking machines across the city, both on machines operate by Counsel,
but also other parking providers as well. Some of the
(21:04):
machines had also been vandalized with permanent marker to stop
people being able to use them. A Head of Transport,
Stephen Wright says the issue is being taken very seriously.
This increased monitoring by the Parking Surveillance Team. As a result.
Police are also helping to identify affected machines and hopefully
remove the fake stickers after they became aware of the
issue yesterday afternoon.
Speaker 3 (21:25):
Terrible. How's your weather?
Speaker 9 (21:27):
Mainly find a bit of high cloud about today. There
could be the odd shower later too. Northerlyast turning southwesterly
and the high will be sixteen.
Speaker 3 (21:33):
Nice wine clear. Thank you to bes in Willington. Ha Tobs,
Good morning Ryan. So Winston was just taking a look
at whether we would get another short term firy, was
he Yeah?
Speaker 12 (21:43):
So while the rail Minister says that there's nothing wrong
with being ready, Yeah, this is after revelations that he
wrote to key We Rail asking it to explore options
for another cook straight fery as we know whenter Island
is currently down to just the one. This is after
the retirement of the outer teddy and schedule maintenance of
the other two. So a lessa from March was sent
(22:05):
just weeks after Peter's put out a statement saying it
wouldn't make sense for the agency to get another faery.
It has actually been done before with KEII Rail leasing
a fery from England in twenty twenty one. He told
KWI Rail of concerns from those in the freight industry
and question the cost of an additional fury, but he
was told leasing one wouldn't be economically viable. We've got
(22:26):
the two new ships, of course, arriving in twenty twenty nine.
Speaker 3 (22:29):
How's your weather?
Speaker 12 (22:31):
A cloudy today, chance of rain, northerly wins and fourteen
degrees the high here in Wellington.
Speaker 3 (22:36):
Thank you to Bess and Wendy's with me in Auckland.
Good morning, Good to see what's going on with this
freshwater gold clan.
Speaker 13 (22:42):
Yeah, well, Auckland Council is obviously worried about it. They're
seeking help to prevent the highly invasive freshwater gold clan
from spreading into the region. A Council report says the
aquatic pest found in Waikato and Taranaki is at a
high risk of entering Auckland within the next four years.
Anessa intervention so asking the Ministry of Primary Industries to
(23:03):
establish a controlled area notice for fourteen water bodies around
the region and introducing a check clean and dry procedure.
The Council's Head of Natural Environment Services, Image and Basset,
says the clam are prolific breeders. She says this quick
block water treatment plants, they stop irrigation systems, and they
destroy local biodiversity, so he has something to watch out for.
Speaker 3 (23:24):
There certainly sounds like it. Haw's our weather.
Speaker 13 (23:26):
Well, it's very foggy, wasn't it.
Speaker 3 (23:28):
On the drive.
Speaker 13 (23:30):
I had the lad to put the lights on and
the wipers and the wipers so the fog were clear.
And it's going to become a lovely fine day light
when seventeen degrees beautiful now not compare.
Speaker 3 (23:39):
That's what we'd like to hear, Wendy, thank you very
much for that. It is eighteen minutes away from six
News Talks B. You want to hear the good news
out of China, This is their trade surplus. June exports
were up almost thirty percent twenty seven percent from the
same month a year ago. This is driven by mainly
US businesses, which has kind of counterintuitive, but US businesses
(24:00):
piling because they thought that the inflation re effects, you know,
the second round inflationary effects, would push up their prices,
so they buy a bunch of stuff from China. China's
exports go up and at the same time, but plus
they export a whole bunch of cars, which we're all buying,
aren't we, the evs. At the same time, their inputs
were up thirty six percent. Why well, price of oil.
(24:20):
Remember they had to pay for that. That was part
of the problem. So this leads to a in total,
a near record trade surplus for the Chinese for the
month of June US one hundred and twenty six billion
dollars for the month seventeen to six. News TALKSB were
in the UK next. Most New Zealanders are getting better
at managing their money, and the tools that help improve
(24:43):
your money management are actually getting better all the time,
so you should check them out. Quite regularly. But there
is such a thing as too much information. You've probably
heard the advice about not checking too often on a
long term investment like Kiwisaver. It's tempting to well not
follow that advice. This isn't it. The key is focusing
on the right numbers. If you're investing for something that's
(25:05):
many years away, like retirement, it makes sense to judge
results over several years, not what's happened in the past quarter,
or in the past twelve months, or heaven forbid, in
the past week. For long term investments, it's long term
results that matter, and Milford is a key we save
provided with a track record of delivering strong long term results.
(25:26):
Learn more at Milford Asset dot com. Past performance not
a reliable indicator of future performance. Investment involves risk. Milford
Funds Limited is the issuer of the Milford Keewisaber Plan.
Go to Milford Asset dot com to read the Milford
Kiwisaber Plan Product Disculosure.
Speaker 1 (25:40):
Statement, International correspondence with Ends and Eye Insurance Peace of
Mind for New Zealand business.
Speaker 3 (25:47):
What's tall hen we're going to do in Parliament? We'll
ask that in a couple of minutes first, let's go
to the UK. Gavin Grays with us so counter terror
police now all over this investigation into Anne Whittakim's death.
Speaker 14 (25:57):
That's right, yes, Ryan, and the most recent breast conference.
A couple of hours back. Now, the counter Terrorism Police
chief said that Ann Whittigam had died in a brutal
and targeted attack.
Speaker 15 (26:08):
Now.
Speaker 14 (26:09):
Anne Whittighum's seventy eight years old but still involved in politics,
was a former prisons minister under John Major in the
mid nineteen nineties. She was Conservative so in power for
a long time and then defected to Reform UK and
became an MEP, a member of the European Parliament. She
was actually giving television interviews and radio interviews, a series
(26:31):
of them from her home virtually on the day of
her murder. It's been now announced, but the counter Terrorism
Police chief says that she died in this brutal targeted attack.
They say they have now obtained a warrant to hold
a twenty eight year old white male suspect for up
to seven days under the Terrorism Act, but they say
(26:51):
they're still working to try to understand the motive. Now
it's been rumored in newspapers, but not confirmed by the
police that there was some communist literature at the home
of the suspect, but as I said, completely unconfirmed with that,
and a counter terrorism investigation is now running in parallel
to the murder investigation, but it has not been declared
(27:12):
a terrorist incident at this stage. They say it's complex,
multiple lines of inquiry, digital forensic examinations as you could expect,
use of the computer, phone, etc. And well, this mystery
just seems to go on and on, with more tributes
pouring in for this very very unusual politician given.
Speaker 3 (27:31):
I'm quite intrigued by this one because the police was
so quick to come out and say they didn't think
there was any political motivation. This is the reform UK
immigration spokesperson who dies in brutal circumstances in her home
and they were so quick to dismiss it, you know,
initially yes, yep.
Speaker 14 (27:50):
And Nigel Farah saying that more security needs to be
given to his colleagues. To him, this has been kind
of dismissed as well by the authorities saying we regularly
reviewing who needs what security we are in charge, and
others are saying, look, this is a clear indication of
what happens not just at Reform UK, but to any
(28:10):
politician dealing with controversial matters. We have in the past.
In the not too distant past, Ryan had two MPs
who were both murdered. And the fear is that as
people do more and more circulating and stuff online that
this could happen again. So we don't yet know. We
can't get too certain on the exact target on this,
(28:31):
but yes, you're right. They dismissed the fact that it
was politically motivated at the time.
Speaker 3 (28:36):
Kevin Gray are UK europe correspondent. It is a living
away from sex, Bryan Bridge. So we all need saving.
The country needs saving. Who's going to do it? Apparently?
Paul Henry an act.
Speaker 15 (28:47):
You know, I'm enormously disappointed with national Yes, I want
to be a minister. Why do I want to be
a minister? As I said before, I'm sixty five years old.
I'm not doing this to waste my time on.
Speaker 3 (28:57):
Bridget more than political commentator with us as morning, Hey Bridget.
Speaker 16 (29:01):
Good morning.
Speaker 3 (29:02):
Do celebrity candidates form a broadcast that kind of thing?
Do they ever really change the dial in terms of polling?
Speaker 16 (29:10):
I think they do and that they bring attention and
I think particularly with someone like Paul Henry, you've seen
act sort of stagnate in the polls. They haven't gone
disily down, but sitting around that seven to eight percent,
whilst there are others that are Coalish and part in
New Zealand Services actually skyrocketed in the polls, so they
actually do need a bit of attention currently in a
crowded seat of market going into the election, and Paul
(29:31):
Henry has the power to do that.
Speaker 3 (29:33):
Anyone going to roll Luxon.
Speaker 16 (29:36):
I don't think anyone's going to roll Lutson at the moment.
I don't think it's Paul Henry, for instance, it's going
to roll Xon.
Speaker 3 (29:42):
But I mean the bad polling numbers that the changing
now is not going to change those numbers necessarily, are
they No.
Speaker 16 (29:50):
I think one of the key things that every political
party is always aware of is that generally the voters
don't reward you for spending time talking about yourself rather
than talking about them and what's happening in their household.
So any kind of leadership discussion is trying to keep
it minimum as possible. Hence why Luckson, you know, pushed
(30:10):
the vote earlier in the year that to rely on
under it and it has been very quiet since then.
Speaker 3 (30:16):
If we assume that we are going to get the
result that the polls assume we're going to get right now,
it'd be a very different government, won't it with maybe
a quarter of cabinet made up of New Zealand first,
if they get a bump from Paul Henry, act could
have a few more as well, and you start to
look at half national in caucus, sorry, in cabinet.
Speaker 13 (30:36):
Yeah.
Speaker 16 (30:36):
And you've also got to take into account that actors
campaigning on having a smaller cabinet as well. That's one
of the things I said is really important that actually
they want less ministers and they said they're prepared to
have less act ministers as well. So that's going to
have quite a change dynamic on what that cabinet looks like.
Speaker 3 (30:54):
Bridget Mordern, political commentator, Good TV on the show this morning.
It is nine minutes well just gone eight minutes away
from six News Talk SEDB.
Speaker 2 (31:02):
News and Views you Trust to start your day.
Speaker 1 (31:06):
It's early edition with Ryan Bridge and Spark for Business
Technology that Keeps Business Moving US TALKSB.
Speaker 3 (31:13):
Six to six News Talks. Heb we had some numbers
yesterday on tourists and on long term you know, like
citizens will want would be citizens coming to New Zealand.
So twelve months to May, because I mean, forget about
the month net loss of thirty six thousand, eight hundred
New Zealand citizens, the net gain fifty five thousand non
New Zealand citizens. Where did they come from? India? So
(31:36):
I mean Winston won't like this. India biggest source of
migrants in the twelve months to May this year, eleven thousand.
You had about ten thousand from China, seven eight hundred
from the Philippines, next with Sri Lanka and then the USA.
Everyone goes on about how many Americans are moving here,
Well it was seventeen hundred in the year and even
fewer Aussies. No Ustralians just don't move to New Zealand,
(31:57):
do they. I guess it's so close and so similar
way would you? And we're a bit poorer eight hundred
and sixty nine Australian citizens during the year it is
five to two bread There is numbers. Very good.
Speaker 17 (32:09):
I'm really well, thank you. The trick is the gap.
The gap is smaller than it was. We've always literally
always lost people to Australia.
Speaker 3 (32:18):
Literally a market gap, isn't it.
Speaker 17 (32:21):
It is a gap, but it's always been a game.
Best years were three thousand, we got down to three
thousand loss and the worst years are about forty seven
forty eight thousand. So at thirty something we're getting better
than we were.
Speaker 3 (32:32):
Still agreed in part, which was always the John King,
that it was exactly right. Hey, would you ever run
for parliament? Absolutely not No.
Speaker 17 (32:39):
And I know Paul well, Paul and I go back years, decades,
and I'm a little bit surprised because it's one thing
to what he says. I'm pleased and proud of them
in the sense you want to make a contribution.
Speaker 3 (32:53):
I like that. But at the same time, you've got
a yacht, you've got multiple houses, and you've got a
lot of money. Enjoy it.
Speaker 17 (33:00):
There's an element of that. But I think the thing
is what I suspect is because we're sort of similar.
I can't work in a team. I'm no good in
a team. I wouldn't I just wouldn't last five minutes.
And that and Viral, I haven't noticed it exactly and
I don't think. I don't know that he will either,
And I just wonder how long before he says something random?
Speaker 3 (33:21):
How how long before? How long does Seymour stay there?
That's good, that's I don't think he's there for long.
He's not a journeyman. He's not a let's make this
a career. No, so he'll be looking who's going to
run this party when I'm gone?
Speaker 17 (33:34):
Well, that's who's going to run Winston's party when he's
gone as well. There's a couple of questions for you
this morning anyway. But you know, but I like people
who don't have to do stuff doing stuff, you know
what I mean? Yeah, And there's something laudable in that.
And if you know, I'm as concerned about the country
as he is. But so he's a better person than
me because I'm not running for politics and he is
so good luckily.
Speaker 3 (33:52):
And then the question is what does he actually do that?
Speaker 17 (33:55):
Well, he's done the right thing in the sense he's
got the right party who can get him right into
cabin Ye, he'll almost want to be be in cabinet.
But you don't want to be Minister of Sivil Defense orts,
you know what I mean? Imagine if you got that,
I may not quote on this or the census exactly anyway,
He's with us after seven Right Stuff Microgymix Newspalalk Quickly.
Speaker 1 (34:16):
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. Ryan Bridge on
early edition with Spark for business technology that keeps business
moving news talks.
Speaker 2 (00:10):
They'd be good morning.
Speaker 3 (00:11):
Six halfand five. Great to have your company Wall Street
bank profits are hitting new records this morning. I've got
numbers for you. IBM share prices and free full oil
is up at home act as a new candidate. Gavin's
in the UK for US and farmers are wanting to
bankers the agenda. So the fifteenth of fly Trump's already
backing down on this twenty percent toll tariff in the
(00:33):
straight of hor moves.
Speaker 4 (00:35):
So I put it out yesterday. Thought it was good.
I was told by different people different countries, and they said,
we'd love to.
Speaker 2 (00:41):
Do it a different way.
Speaker 4 (00:42):
We'd love to invest in the United States with billions
and billions of dollars as opposed to higing fee.
Speaker 2 (00:49):
And that was very satisfactory.
Speaker 3 (00:51):
Okay, he's got a Racks PM at the White House
at the moment.
Speaker 4 (00:54):
The relationship is a whole big relationship where we don't
need the military there. We're there to help them, we're
there to protect that we've need be but we don't
think that's going to be necessary.
Speaker 2 (01:03):
Iran was a big burden on Iraq.
Speaker 4 (01:06):
Because they were the vully of the Middle East, says
you know, and we were just talking about that. But
they're not going to have that problem anymore because Iran
has been very much destabilized.
Speaker 3 (01:19):
Now, all you really need to know is that he
has told Trump that, as Trump told Congress will continue
with the military action against Iran for another sixty days.
So back up right in the UK Counterterror Police there
in charge of this Anne whittakumb investigation now into her
alleged murder. They say this morning she was quote targeted.
Speaker 5 (01:40):
We're still working to understand the extent of any planning
or preparation and the motivation that sits behind that attack.
The suspect can now be held for questioning for up
to seven days under the Terrorism Act. He remains under
arrest on suspicion of commission, preparation or instagratation of acts
(02:01):
of terrorism.
Speaker 3 (02:02):
Back to COVID for a second, but staying in the UK.
Turns out we weren't the only ones who stuffed up
the Ppe. You know, the mass and the protective gear
for the doctors and the nurses, and the UK twenty
three billion new Zealand dollars this COVID inquiry. That's how
much was wasted.
Speaker 6 (02:18):
These figures demand a fundamental change and how the UK
prepares for emergency procurement. Hard ministers and officials being better
equipped with appropriate plans, information and systems, procurement decisions would
have been easier, fairer and far less costly.
Speaker 2 (02:36):
Ryan Bridge on early edition with Spark for.
Speaker 1 (02:39):
Business Technology that keeps business moving us Dog ZB.
Speaker 3 (02:43):
Nine two nine tours. The numbers text always love hearing
from you. Just gone nine minutes after five. So we
had the survey out from businesses yesterday. This is the
Nzier Survey Dune quarter. A net twelve percent of firms
expect improvement in the coming year. So people are feeling
better than certainly better than they were in Court one
of this year when it was a net one percent
of firms who were feeling cherry looking up into the
(03:07):
months ahead. So that's a good thing. The fuel price
easing that helped them along. And this is if you're
not familiar with the survey. It is the longest running one,
so it's one you pay attention to. Ten thousand businesses
get surveyed every quarter. Now these surveys went out and
came back between June tenh and July seven, So some
(03:27):
of them were pre Trump signing the MoU with Iran,
which is now not worth the papers written on, but
pre that still quite negative. The survey responses that came back,
because there were two batches, one came back before the
MoU was signed Trump and Iran, and one batch came
(03:47):
back after. The ones that came back before negative, the
ones that came back after markedly more positive. So added together,
you get a net twelve percent feeling good. However, given
where we are now, you have to wonder how positive
those people who have said they were feeling positive, whether
they're still feeling positive this morning. By the way, net
three percent of firms planning to cut investments. This is buildings, plants,
(04:11):
and machinery over the next year, which is not a
great thing, is it. However, like the tariffs, you know,
the tariffs came along and I've said this before, but
the tariffs came along last Every year Trump does something
that's a little surprise, a little jack in the box
from Trump over in the White House, something to just
really get your heart onto the collar. People freak out
and then we get over it happened last year with
(04:31):
the tariffs, happening now with the war, and this will
be over soon. He's got midterms eleven after five, Ry
and Bridge. The more numbers coming at you shortly, but
we will next we'll get to certified builders, because yes,
it will cost you a little bit more if you're
in the business of building a residential property in New Zealand.
But it's nowhere near as much as they thought it
(04:54):
would be, which is the good news part of the story.
And we're building more stuff. That's next. News Talks at Beach, the.
Speaker 1 (05:00):
Early edition Full the Show podcast on iHeartRadio, How It By,
News Talks at Me.
Speaker 2 (05:07):
Get ahead of the.
Speaker 1 (05:08):
Headlines on early edition with Ryan Bridge and Spuck for
Business Technology that keeps Business Moving.
Speaker 2 (05:15):
News Talks AB.
Speaker 3 (05:16):
Five point thirteen. A banking boss says, this could be
as good as it ever gets, and you just don't
know how long the good times are going to last.
We'll get to the blockbuster banker profits out of Wall
Street this morning in a second. But just to Australia
very briefly. You know the Isis Brides we talked about
that they've flown into Melbourne Airport they flew into Sydney
as well, just a few months ago. Well, one of
(05:38):
them is on trial. One of them is before the
Melbourne Magistrates Court right now facing charges of being a
member of a terrorist organization. This is a young woman
mother and they've put videos evidence before the court because
they're obviously you know, there's evidence being presented filmed herself training.
(05:58):
This is what she's alleged to have done. This is
a mother, thirty four year old mother with a toddler,
allegedly filmed herself training her toddlers how to use a
rifle and demanded that they show her how ge hardest
fighters should slaughter an infidel or a non believer. Can
you just imagine that for a second. And there's video
(06:18):
footage she's filming her infant allegedly while doing I mean,
it's absolutely, if true, disgusting. Messed up. Anyway, they didn't
play the video in court because the footage would have
been quote distressing for the accused. I mean, come off
at fourteen after five rainbridge. Right, Let's get to building
(06:41):
cost A building house up one point one percent in
the three months to June. This is from totality. Annual
cost growth up three and a half percent. Actually not
bad given the war price of oil, building activity starting
to gain traction as well. Malcolm Fleming, New Zealand certified
builder CEO of me this morning mal can get.
Speaker 7 (06:56):
A good morning, Ryan.
Speaker 3 (06:59):
So not as bad as it could have been. You
thought it might be.
Speaker 7 (07:03):
A surprisingly low number. I'd have to say one point
one percent, as you said in your intro for two
to two, well below what expectations were given the backdrop
of there are war and the cost escalation we saw
in building project products. Soon after it has sort of
(07:24):
calmed down the building cost escalations we're seeing. So a
pretty good number and I think it's important also in
the note that the overall number of the twelve months
is below what coutality are talking about is the usual
number of four percent.
Speaker 3 (07:41):
Manually, Yeah, who's coming? When are we going to developer
is going to come back? Because it looks like they've
all kind of pulled back. They're all a bit nervous,
which is more to do with the market than the
cost of building. But what are you seeing hearing out there?
Speaker 7 (07:53):
I'm sing to here that the market is slowly changing.
There is some enthusiasm for motion industry that we are
at the bottom of cycle coming suddenly come out of it.
We started to see some good signs and I've been
on your show earlier this year talking about but those
were and then of course we had their own war,
so that then eroded some of those gains and that
positivity was starting to see that and back in the
(08:18):
twenty eighth to Peter and when the UN war started
and the month afterwards, we were very concerned about cost
escalations and that has played out that it and slowed
things down a little bit. That the actual cost escalation
has been less than we were thinking it would be
as a good sign when you marry that up. It
was only a week or two we were talking about
(08:39):
building consent numbers for year to the end of May
being above where they were the corresponding time last year.
You were starting to be some good signals returning.
Speaker 3 (08:50):
Yeah, absolutely, Malcolm, good see you are good to hear you,
I should say, Malcolm Fleming, you's get on certified builders
CEO those numbers. By the way, seventeen minutes after five
those numbers can see it's risen from below thirty four
thousand last year to more than thirty nine thousand. That
is a good thing. How not every consent house consented
gets built, right, But the more you have consented, the
(09:13):
more chance you have of those you have consented being built. Therefore,
if it's going north, it's not a bad thing. It
is eighteen minutes after coming up, we're still going to
talk about Well, I'm still going to get to the
banking situation with the farmers, because it's quite interesting. They
had the banking inquiry, the rural banking inquiring. You think
or what's that ever going to achieve? Well, maybe it
did something or at least changed the perception that farmers
(09:36):
have about their banks and the thing that is more
important for a farmer to do with their bank, more
important than their interest rate. What is it tell you next?
News Talks the b the.
Speaker 1 (09:48):
Early Edition full show podcast on iHeart Radio, How it
By News Talks it Me on your radio and online
on Iheard Radio Early Edition. It's Ryan Bridge and Spark
for business Technology that keeps business moving.
Speaker 2 (10:04):
News Talks That b.
Speaker 3 (10:06):
Timer is twenty minutes after five. Great to have your company.
So Wall Street's big banks doing very well. Second quarter
earnings are out and it's been a bumper season for them. Basically,
why well, they've been creaming and off the back of
some very strong market activities, some IPOs. Lots of stuff
going on with stocks, lots of buying and selling and
trading and IPOs which is pushing there. You know, they
(10:27):
get fees. There's mergers and acquisitions, they get fees, all
that stuff. So JP Morgan Global banking revenue, for example,
sixty one billion dollars for the quarter, up twenty four percent.
A JP Morgan chased, similar story, Bank of America's similar story,
far exceeding analysts expectations, all of them and yet deal making.
(10:49):
I think SpaceX, the IPO rocketing into and the money
that comes with it, market volatility that's been caused by
the ditches to do with AI, but also the war
and run has helped their trading income too and their
bottom line. Twenty one after five reserve banks starting with farming,
sorry staying with banking for a second, Reserve Bank says
(11:09):
farmer lending dropped nearly one and a half billion in
the year to April. Heirback home Fonterra and their Lactalis
payout plus strong returns for red meat for dairy while
they're paying down debt. Number of farmers with mortgages under
two million forty one percent. Six months ago it was
thirty eight percent. Mark Hooper, Fed Farmers Banking spokesperson, Hey.
Speaker 2 (11:29):
Mark, good morning.
Speaker 3 (11:31):
It's interesting to see the change in the attitudes of
farmers to their banks.
Speaker 8 (11:38):
Yeah, yeah, well, I mean overall, it's it's a positive
trend at present. What we're seeing is a sixty nine
percent satisfaction rate, which is the highest that we've seen
since twenty eighteen. And at the other end of the spectrum,
those farmers that are feeling under undue pressure from their
banks down to ten percent, which is also below since
(12:00):
twenty eighteen. So a good kind of growing strong relationship.
I think happening.
Speaker 3 (12:08):
There is that a function of farmers are doing well,
so banks are less concerned or do you think there's
a genuine improvement and how they're getting.
Speaker 8 (12:17):
On well, it's no doubt a little bit of both. Certainly,
good times make for good friends, don't they. But what
we're actually seeing happen, and it's probably a reflection of
what you were reporting on there with international banks, is
(12:37):
that the New Zealand banks are currently competing quite strongly
for a share of that rural market debt and so that,
in turn, I think does drive good service and that's
probably one of the key messages that came out of
the service survey as well. It's the relationship that the
person has with the bank which tends to override a
(12:58):
lot of the other outcomes. There might be variations and
interest rates and things, but if they've got good communication,
a good relationship with their agrig manager, they tend to
be more satisfied.
Speaker 3 (13:08):
Yeah. I thought that was the most interesting thing to
come out of well. I mean, obviously the drop and borrowing,
but the most interesting thing was they care more about
the relationship, having someone decent who comes to the farm
and talks to them and they know over an interest rate.
Speaker 8 (13:29):
Yeah, yeah, that's right. But I think that internet relationship
does tend to drive some of those some of those
interest rate outcomes as well. I guess the concerning area
here is that we've got a couple of things. One
is that there is still quite a bit of variability
within that. We do still get reporting come through of
(13:50):
people having poor relationships and feeling under pressure from their banks,
and that's a reflection often of that breakdown of relationship.
But also it'll be interesting see because we don't we're
not having fear weather times with arable farmers at at
this stage they are feeling the punch quite a bit
(14:10):
more than others for a variety of reasons. And I
guess how well the bank manages those relationships will be
a reflection of the overall attitude.
Speaker 3 (14:20):
Good point, Mark Cooper, fod Farmers, Nice Tavy on the
show was always twenty four minutes after five ran Bridge show.
There's and IBM worst day on trading day for them
on record. I think today fell by more than twenty percent.
That was pre market open this morning. Our second quarter earnings.
They put a note to the market saying theyred on
July twenty second, but their earnings are going to be
(14:41):
well nowhere near as good as the analysts expected them
to be. And so the investors go, well, we've bere
to sell before we hear the bad news. So customers
apparently prioritizing spending on AI infrastructure over what they do,
which is software twenty five after five by twenty seven
news to swearing unless you're a bishop, or maybe they
(15:03):
do it in private as well. Most of us do this,
don't we, especially in New Zealand. We all know what
a GC is, and it's nothing to do with the
white sandy beaches of Queensland. You don't do it in
front of mum. Everyone knows that that's just one oh
one of swearing and you shouldn't use the words and
anger at people unless they really really deserve it, and
(15:23):
then it's fine. But have you noticed lately the media's
obsession with calling out people for swearing? Exhibit A is
a furious, apparently furious Benji Marshall, West's Tigers coach, at
the expletive laden presser. Is how they described this.
Speaker 9 (15:38):
The fact that people can make up rumors that we're
having a relationship breakdown or a risk between our friendship.
Speaker 2 (15:43):
There's absolutely so.
Speaker 3 (15:46):
The media had been saying he was in a spat
or a row with a now former player and they
were at war, et cetera, et cetera. You know what
the media does, none of which, according to Benji, was
actually true. So he responds and they say he's ranting
and swearing and quote going nuclear. Isn't that what they
used to call gaslighting? Remember that? Then there was Winston
(16:06):
Peters and you will remember this one.
Speaker 6 (16:08):
I haven't been around this long to come on this
program to talk about that sort of wake up question.
Speaker 10 (16:13):
Now the media called that a foul language outburst. How
can a word that so many people use describing an
act that clearly so many people do be so offensive
and worthy of mention. Christine Fletcher Orcland Council complains about
swearing and the council chambers at the moment the Dunedin
Council boss, did you see this yesterday? Was done for
(16:35):
swearing about counselors and calling them bad words behind their backs.
Speaker 3 (16:38):
Who hasn't done that? The truth is that most of
us don't mind occasionally too much and you sound like
trash too little, and you sound a bit too cautious
directed in anger. Never a good idea should not happen
at work either. The obsession with people using it from
time to time though, especially in the age of the
Internet where people do and say whatever they want, well
(17:03):
that's a waste of beeping time. Ryan Bridge addition twenty nine,
after five news talks B we'll get to the UK
that whittickim, I mean I told you this yesterday. The
terrorism charges. So they came out on day one and
said nte, we think it's we think it's nothing to do.
There's no political motivation. This is a reform spokesperson on immigration. No,
(17:25):
we think that's nothing now. Of course they're investigating, so
we'll talk through our correspondent about that. News Talks at B.
Speaker 1 (17:39):
The Early edition Folk Show podcast on iHeartRadio, Power it
by News Talks it B.
Speaker 2 (17:45):
Before the news breaks here it first.
Speaker 1 (17:48):
Ryan Bridge on early edition with spark for business technology
that keeps business moving.
Speaker 2 (17:54):
News Talks at B.
Speaker 3 (18:01):
Were away from sixty News Talk said, be great to
have you coming this morning. What exactly is Paul Henry
going to do in Parliament? That's in fifteen minutes from now.
We'll get to the UK for the latest on this
invent now terrorism investigation into the death of an MP
former minister, Conservative minister and whittikem Now a couple of
things to update you on from overnight. So JP Morgan
(18:22):
chief Jamie Diamond, we've spoken about him on the show before.
He says it's getting close to as good as it gets.
This after announcing massive banker profits over their bumper banking
profits four quarter two. We just don't know how long
it's going to last. Now. Nasdaq is up overnight. June
inflation for the US came in at three and a
half percent. That's actually less than expected. So as a
(18:44):
result of that, all of the investors said, ok, the
odds of an interest rate hike that we thought was
coming this month went from forty two percent saying yeah,
we think we're going they're going to have to hike
interistrates to about sixteen percent. And then Wash, who is
resent now with the feed he's taken questions from lawmakers,
say no, no, don't worry, I'll deal with inflation. So that
(19:07):
prediction is pretty much up in the air. As we
go to ERE this morning, and a little number four
you oh, price of oil, So it's come back down.
It's about eighty It was up as high as eighty
seven dollars a barrel. This is the benchmark Brent crude.
Trump said he taxed the straight. Now he's saying you
won't tax the straight. So again up in the air.
I mean we could sit here and endlessly go through
(19:30):
the menuchet of everything that Trump says about the Strait,
but I would be wasting your time and I would
be wasting my time too. Frankly, twenty two minutes away
from six Ryan, let's go to our reporters. Callum, good morning, morning. Right,
what's the update with Waki Hospital.
Speaker 11 (19:46):
Well, we know now that this independence inquiry will take
place in secure at the facility and it will examine
ryan whether the patients were treated lawfully and appropriately or not.
Ward TENA is what's under the microscope here at twelve
unit for adults with intellectual disabilities involved in the justice system.
It's closing after Ombudsman inspectors found evidence of punitive and
(20:08):
coercive treatment and including one patient being kept in isolation
for eighteen months. The Ministry of Health released the terms
of references for this inquiry which it's commissioning. It says
it'll examine care provided over the past two years, including
whether wider systemic issues need addressing, and its findings will
be reported to the Director General of Health within six months.
Speaker 3 (20:28):
All right, how's your weather?
Speaker 11 (20:30):
A few showers this morning and afternoon northwest is today
the high ten nice one.
Speaker 3 (20:34):
Thanks Callum Claire and christ Church morning Claire, good morning.
Are people being scammed at parking machines?
Speaker 9 (20:40):
Well, that's what it seems. Christ Church residents are been
warned to watch out for these fake stickers that have
been placed on parking machines directing them to fake payment websites.
The city Council put out an urgent alert yesterday afternoon
after discovering these QR code stickers had been placed over
parking machines across the city, both on machines operate by Counsel,
but also other parking providers as well. Some of the
(21:04):
machines had also been vandalized with permanent marker to stop
people being able to use them. A Head of Transport,
Stephen Wright says the issue is being taken very seriously.
This increased monitoring by the Parking Surveillance Team. As a result.
Police are also helping to identify affected machines and hopefully
remove the fake stickers after they became aware of the
issue yesterday afternoon.
Speaker 3 (21:25):
Terrible. How's your weather?
Speaker 9 (21:27):
Mainly find a bit of high cloud about today. There
could be the odd shower later too. Northerlyast turning southwesterly
and the high will be sixteen.
Speaker 3 (21:33):
Nice wine clear. Thank you to bes in Willington. Ha Tobs,
Good morning Ryan. So Winston was just taking a look
at whether we would get another short term firy, was
he Yeah?
Speaker 12 (21:43):
So while the rail Minister says that there's nothing wrong
with being ready, Yeah, this is after revelations that he
wrote to key We Rail asking it to explore options
for another cook straight fery as we know whenter Island
is currently down to just the one. This is after
the retirement of the outer teddy and schedule maintenance of
the other two. So a lessa from March was sent
(22:05):
just weeks after Peter's put out a statement saying it
wouldn't make sense for the agency to get another faery.
It has actually been done before with KEII Rail leasing
a fery from England in twenty twenty one. He told
KWI Rail of concerns from those in the freight industry
and question the cost of an additional fury, but he
was told leasing one wouldn't be economically viable. We've got
(22:26):
the two new ships, of course, arriving in twenty twenty nine.
Speaker 3 (22:29):
How's your weather?
Speaker 12 (22:31):
A cloudy today, chance of rain, northerly wins and fourteen
degrees the high here in Wellington.
Speaker 3 (22:36):
Thank you to Bess and Wendy's with me in Auckland.
Good morning, Good to see what's going on with this
freshwater gold clan.
Speaker 13 (22:42):
Yeah, well, Auckland Council is obviously worried about it. They're
seeking help to prevent the highly invasive freshwater gold clan
from spreading into the region. A Council report says the
aquatic pest found in Waikato and Taranaki is at a
high risk of entering Auckland within the next four years.
Anessa intervention so asking the Ministry of Primary Industries to
(23:03):
establish a controlled area notice for fourteen water bodies around
the region and introducing a check clean and dry procedure.
The Council's Head of Natural Environment Services, Image and Basset,
says the clam are prolific breeders. She says this quick
block water treatment plants, they stop irrigation systems, and they
destroy local biodiversity, so he has something to watch out for.
Speaker 3 (23:24):
There certainly sounds like it. Haw's our weather.
Speaker 13 (23:26):
Well, it's very foggy, wasn't it.
Speaker 3 (23:28):
On the drive.
Speaker 13 (23:30):
I had the lad to put the lights on and
the wipers and the wipers so the fog were clear.
And it's going to become a lovely fine day light
when seventeen degrees beautiful now not compare.
Speaker 3 (23:39):
That's what we'd like to hear, Wendy, thank you very
much for that. It is eighteen minutes away from six
News Talks B. You want to hear the good news
out of China, This is their trade surplus. June exports
were up almost thirty percent twenty seven percent from the
same month a year ago. This is driven by mainly
US businesses, which has kind of counterintuitive, but US businesses
(24:00):
piling because they thought that the inflation re effects, you know,
the second round inflationary effects, would push up their prices,
so they buy a bunch of stuff from China. China's
exports go up and at the same time, but plus
they export a whole bunch of cars, which we're all buying,
aren't we, the evs. At the same time, their inputs
were up thirty six percent. Why well, price of oil.
(24:20):
Remember they had to pay for that. That was part
of the problem. So this leads to a in total,
a near record trade surplus for the Chinese for the
month of June US one hundred and twenty six billion
dollars for the month seventeen to six. News TALKSB were
in the UK next. Most New Zealanders are getting better
at managing their money, and the tools that help improve
(24:43):
your money management are actually getting better all the time,
so you should check them out. Quite regularly. But there
is such a thing as too much information. You've probably
heard the advice about not checking too often on a
long term investment like Kiwisaver. It's tempting to well not
follow that advice. This isn't it. The key is focusing
on the right numbers. If you're investing for something that's
(25:05):
many years away, like retirement, it makes sense to judge
results over several years, not what's happened in the past quarter,
or in the past twelve months, or heaven forbid, in
the past week. For long term investments, it's long term
results that matter, and Milford is a key we save
provided with a track record of delivering strong long term results.
(25:26):
Learn more at Milford Asset dot com. Past performance not
a reliable indicator of future performance. Investment involves risk. Milford
Funds Limited is the issuer of the Milford Keewisaber Plan.
Go to Milford Asset dot com to read the Milford
Kiwisaber Plan Product Disculosure.
Speaker 1 (25:40):
Statement, International correspondence with Ends and Eye Insurance Peace of
Mind for New Zealand business.
Speaker 3 (25:47):
What's tall hen we're going to do in Parliament? We'll
ask that in a couple of minutes first, let's go
to the UK. Gavin Grays with us so counter terror
police now all over this investigation into Anne Whittakim's death.
Speaker 14 (25:57):
That's right, yes, Ryan, and the most recent breast conference.
A couple of hours back. Now, the counter Terrorism Police
chief said that Ann Whittigam had died in a brutal
and targeted attack.
Speaker 15 (26:08):
Now.
Speaker 14 (26:09):
Anne Whittighum's seventy eight years old but still involved in politics,
was a former prisons minister under John Major in the
mid nineteen nineties. She was Conservative so in power for
a long time and then defected to Reform UK and
became an MEP, a member of the European Parliament. She
was actually giving television interviews and radio interviews, a series
(26:31):
of them from her home virtually on the day of
her murder. It's been now announced, but the counter Terrorism
Police chief says that she died in this brutal targeted attack.
They say they have now obtained a warrant to hold
a twenty eight year old white male suspect for up
to seven days under the Terrorism Act, but they say
(26:51):
they're still working to try to understand the motive. Now
it's been rumored in newspapers, but not confirmed by the
police that there was some communist literature at the home
of the suspect, but as I said, completely unconfirmed with that,
and a counter terrorism investigation is now running in parallel
to the murder investigation, but it has not been declared
(27:12):
a terrorist incident at this stage. They say it's complex,
multiple lines of inquiry, digital forensic examinations as you could expect,
use of the computer, phone, etc. And well, this mystery
just seems to go on and on, with more tributes
pouring in for this very very unusual politician given.
Speaker 3 (27:31):
I'm quite intrigued by this one because the police was
so quick to come out and say they didn't think
there was any political motivation. This is the reform UK
immigration spokesperson who dies in brutal circumstances in her home
and they were so quick to dismiss it, you know,
initially yes, yep.
Speaker 14 (27:50):
And Nigel Farah saying that more security needs to be
given to his colleagues. To him, this has been kind
of dismissed as well by the authorities saying we regularly
reviewing who needs what security we are in charge, and
others are saying, look, this is a clear indication of
what happens not just at Reform UK, but to any
(28:10):
politician dealing with controversial matters. We have in the past.
In the not too distant past, Ryan had two MPs
who were both murdered. And the fear is that as
people do more and more circulating and stuff online that
this could happen again. So we don't yet know. We
can't get too certain on the exact target on this,
(28:31):
but yes, you're right. They dismissed the fact that it
was politically motivated at the time.
Speaker 3 (28:36):
Kevin Gray are UK europe correspondent. It is a living
away from sex, Bryan Bridge. So we all need saving.
The country needs saving. Who's going to do it? Apparently?
Paul Henry an act.
Speaker 15 (28:47):
You know, I'm enormously disappointed with national Yes, I want
to be a minister. Why do I want to be
a minister? As I said before, I'm sixty five years old.
I'm not doing this to waste my time on.
Speaker 3 (28:57):
Bridget more than political commentator with us as morning, Hey Bridget.
Speaker 16 (29:01):
Good morning.
Speaker 3 (29:02):
Do celebrity candidates form a broadcast that kind of thing?
Do they ever really change the dial in terms of polling?
Speaker 16 (29:10):
I think they do and that they bring attention and
I think particularly with someone like Paul Henry, you've seen
act sort of stagnate in the polls. They haven't gone
disily down, but sitting around that seven to eight percent,
whilst there are others that are Coalish and part in
New Zealand Services actually skyrocketed in the polls, so they
actually do need a bit of attention currently in a
crowded seat of market going into the election, and Paul
(29:31):
Henry has the power to do that.
Speaker 3 (29:33):
Anyone going to roll Luxon.
Speaker 16 (29:36):
I don't think anyone's going to roll Lutson at the moment.
I don't think it's Paul Henry, for instance, it's going
to roll Xon.
Speaker 3 (29:42):
But I mean the bad polling numbers that the changing
now is not going to change those numbers necessarily, are
they No.
Speaker 16 (29:50):
I think one of the key things that every political
party is always aware of is that generally the voters
don't reward you for spending time talking about yourself rather
than talking about them and what's happening in their household.
So any kind of leadership discussion is trying to keep
it minimum as possible. Hence why Luckson, you know, pushed
(30:10):
the vote earlier in the year that to rely on
under it and it has been very quiet since then.
Speaker 3 (30:16):
If we assume that we are going to get the
result that the polls assume we're going to get right now,
it'd be a very different government, won't it with maybe
a quarter of cabinet made up of New Zealand first,
if they get a bump from Paul Henry, act could
have a few more as well, and you start to
look at half national in caucus, sorry, in cabinet.
Speaker 13 (30:36):
Yeah.
Speaker 16 (30:36):
And you've also got to take into account that actors
campaigning on having a smaller cabinet as well. That's one
of the things I said is really important that actually
they want less ministers and they said they're prepared to
have less act ministers as well. So that's going to
have quite a change dynamic on what that cabinet looks like.
Speaker 3 (30:54):
Bridget Mordern, political commentator, Good TV on the show this morning.
It is nine minutes well just gone eight minutes away
from six News Talk SEDB.
Speaker 2 (31:02):
News and Views you Trust to start your day.
Speaker 1 (31:06):
It's early edition with Ryan Bridge and Spark for Business
Technology that Keeps Business Moving US TALKSB.
Speaker 3 (31:13):
Six to six News Talks. Heb we had some numbers
yesterday on tourists and on long term you know, like
citizens will want would be citizens coming to New Zealand.
So twelve months to May, because I mean, forget about
the month net loss of thirty six thousand, eight hundred
New Zealand citizens, the net gain fifty five thousand non
New Zealand citizens. Where did they come from? India? So
(31:36):
I mean Winston won't like this. India biggest source of
migrants in the twelve months to May this year, eleven thousand.
You had about ten thousand from China, seven eight hundred
from the Philippines, next with Sri Lanka and then the USA.
Everyone goes on about how many Americans are moving here,
Well it was seventeen hundred in the year and even
fewer Aussies. No Ustralians just don't move to New Zealand,
(31:57):
do they. I guess it's so close and so similar
way would you? And we're a bit poorer eight hundred
and sixty nine Australian citizens during the year it is
five to two bread There is numbers. Very good.
Speaker 17 (32:09):
I'm really well, thank you. The trick is the gap.
The gap is smaller than it was. We've always literally
always lost people to Australia.
Speaker 3 (32:18):
Literally a market gap, isn't it.
Speaker 17 (32:21):
It is a gap, but it's always been a game.
Best years were three thousand, we got down to three
thousand loss and the worst years are about forty seven
forty eight thousand. So at thirty something we're getting better
than we were.
Speaker 3 (32:32):
Still agreed in part, which was always the John King,
that it was exactly right. Hey, would you ever run
for parliament? Absolutely not No.
Speaker 17 (32:39):
And I know Paul well, Paul and I go back years, decades,
and I'm a little bit surprised because it's one thing
to what he says. I'm pleased and proud of them
in the sense you want to make a contribution.
Speaker 3 (32:53):
I like that. But at the same time, you've got
a yacht, you've got multiple houses, and you've got a
lot of money. Enjoy it.
Speaker 17 (33:00):
There's an element of that. But I think the thing
is what I suspect is because we're sort of similar.
I can't work in a team. I'm no good in
a team. I wouldn't I just wouldn't last five minutes.
And that and Viral, I haven't noticed it exactly and
I don't think. I don't know that he will either,
And I just wonder how long before he says something random?
Speaker 3 (33:21):
How how long before? How long does Seymour stay there?
That's good, that's I don't think he's there for long.
He's not a journeyman. He's not a let's make this
a career. No, so he'll be looking who's going to
run this party when I'm gone?
Speaker 17 (33:34):
Well, that's who's going to run Winston's party when he's
gone as well. There's a couple of questions for you
this morning anyway. But you know, but I like people
who don't have to do stuff doing stuff, you know
what I mean? Yeah, And there's something laudable in that.
And if you know, I'm as concerned about the country
as he is. But so he's a better person than
me because I'm not running for politics and he is
so good luckily.
Speaker 3 (33:52):
And then the question is what does he actually do that?
Speaker 17 (33:55):
Well, he's done the right thing in the sense he's
got the right party who can get him right into
cabin Ye, he'll almost want to be be in cabinet.
But you don't want to be Minister of Sivil Defense orts,
you know what I mean? Imagine if you got that,
I may not quote on this or the census exactly anyway,
He's with us after seven Right Stuff Microgymix Newspalalk Quickly.
Speaker 1 (34:16):
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
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