November 18, 2025 • 34 mins
On the Early Edition with Andrew Dickens Full Show Podcast Wednesday the 19th of November 2025, a new report from Business NZ projects a shortfall of at least 250,000 workers by 2045, Chief Executive of Business Canterbury Leeann Watson shares her thoughts.
Over half of our apprentice trainees in new zealand drop out before they complete their course, Te Pukenga CEO Gus Gilmore tells Andrew what needs to change.
It's been revealed the Government spent over $38 million on business start-up grants to beneficiaries, Small Business NZ founder Phil Wicks shares his thoughts.
Plus, UK/Europe Correspondent Peter Anderson has the latest on British MPs warned by security service MI5 they’re at risk of being targeted by Chinese spies and technology from Formula 1 cars is being used in a pilot scheme to provide faster and more reliable wi-fi on British trains.
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Speaker 1 (00:01):
The issues, the interviews and the insight. Ryan Bridge on
early leadership with r V Supercenter, explore r V successories
and servicing all in one news talks.
Speaker 2 (00:12):
They'd be well, good morning to you. No not Ryan
Bridge today, Andrew Dickens has Ryan fills in for Heather
who lost her voice. Now coming up in the next
sixty minutes, Government is spending thirty eight million dollars on
business startup loans to beneficiaries and no one is checking
up on the results. We'll have that story for you
in five. Apparently over half of apprentice students don't finish
(00:32):
their training, so what's causing them to quit?
Speaker 3 (00:34):
We'll have that story. In ten.
Speaker 2 (00:36):
Authors are getting canceled because of AI Who and why?
Just before how Fast and a Business New Zealand report
warns of a shortfall of at least two hundred and
fifty thousand workers by twenty forty five. So where are
we going to get these workers from? We'll have that
story just before six. We'll have correspondence from right around
New zeal And. Peter Anderson joining us from the UK.
And you can have your say anytime you like with
(00:57):
a text ninety two ninety two in a small chat
jupplies at seven up to.
Speaker 3 (01:01):
Five the agenda.
Speaker 2 (01:04):
It's Wednesday, the nineteenth of November. Saudi Arabia's Crown Prince
Mohammed ben Salmon is at the White House. He's here
to discuss deals on defense and civilian nuclear power, and
Donald Trump says the United States will sell F thirty
five fighter jets to the Saudis.
Speaker 4 (01:22):
You're in a great lay. They've got to like us
very much. Look at the Iran situation. What we did
in terms obliterating there, We obliterated their nuclear capability. Yeah,
I will say that we will be doing that. We'll
be selling F thirty five.
Speaker 5 (01:40):
Yeah.
Speaker 2 (01:40):
Meanwhile, Jeffrey Epstein victims have been speaking in Washington ahead
of the United States House of Representatives vote to release
all the files.
Speaker 6 (01:48):
I am begging every member of Congress, every representative, to
step up and choose the chaos. Choose the survivors, choose
the children's attacked the children.
Speaker 2 (02:02):
The bill calls for travel records and names of individuals
and entities referenced in the investigation to be unveiled. Meanwhile,
Marjorie Taylor Green is still heading out of Donald Trump
despite his change of heart on the bill.
Speaker 7 (02:15):
I've never owed him anything, but I fought for him,
for the policies and for America first. And he called
me a trader for standing with these women and refusing
to take my name off the discharge petition.
Speaker 2 (02:30):
And finally, Google's boss says every company in the world
would be affected if the AI bubble were to burst.
He says, while the growth of AI investment has been extraordinary,
there's a little bit of irrationality in the current AI boom.
Speaker 5 (02:43):
There are moments you or shoot right. Collectively as an industry,
we can look back at the Internet right now. There
was clearly a lot of excess investment, but none of
us would question whether the Internet was profound or did
it drive a lot of impact. It's fundamentally changed how
he worked. Did you as a society? I expect AI
to be the scene, so I think it's bought rational
(03:05):
and there are elements of irrationality through a moment like this.
Speaker 2 (03:09):
More on AI just before five point thirty is coming
up ten past five.
Speaker 3 (03:14):
Get ahead of the headlines on early edition with Brian
Bridge and r V Supercenter explore r these accessories and
servicing all in one news talks that'd be.
Speaker 2 (03:25):
So the Greens yesterday threatened to cancel mining contracts and
permits retrospectively if they get into power, and it was
greeted by scorn from the Finance minister. Also act in
New Zealand, first Shane Jones reached for his thesaurus and
slammed it. Meanwhile, David Seymour called it economic terrorism and
the Finance Minister called it economic vandalism. But I'm going
(03:46):
to give the Greens some praise. It's better to know
what they want to do rather than having to second
guess them, something you can't say about Labour these days,
because who knows what they would do. Secondly, this is
absolutely what they've always wanted to do, so at least
they're staying true to their beliefs, which again is more
than you can say about many politicians. And Thirdly, the
simple point is if you agree with them, vote for them.
(04:08):
If you don't, don't simple as that they're nowhere near
power yet, but you know they're not wrong that the
world needs to get over burning stuff. But that doesn't
happen overnight. It is a process, and we're already so
much better than we were twenty years ago. It's just that,
as you grow your economy, your alternatives need to grow too,
and it's a never ending process. And this is why,
(04:29):
despite all our best efforts, we still need coal. And
I'd rather buy New Zealand coal than Malaysian And we
are buying coal. We need it to keep the lights on.
We've bought one million tons of coal this year alone
to keep the lights on. But you know what really
you to telling me about yesterday's drama was the claim
that counseling international contracts ruins our international reputation. And I
(04:53):
thought that was a little rich because the current government
easily canceled the cook Straight ferry deal and had to
pay a hefty amount to compensation. So are they any better?
Speaker 3 (05:01):
Were we?
Speaker 2 (05:03):
Is our reputation any worse? Alie Jones last night on
the panel noted that they canceled fair pay legislation. But
I don't see women around the world samming us. And
this government is wearing the brunt of criticism about our
climate policy at COP thirty, but they don't seem to
mind that either. You know, governments cancel former governments deals
all the time, and it happens all around the world,
(05:23):
and people don't have conniptions, So let's stop thinking about
whatever other people think and it's just stay true to
our own beliefs that be Here's a shocking statistic for
this morning. Apparently the government spends thirty eight million dollars
on business startup grants to beneficiaries and the worst thing
about it is that they don't check out how well
(05:44):
the investment's going. We'll have the story for you in
a few moments time with Phil Wicks, who is the
Small Business New Zealand founder. It is twelve after five.
Speaker 1 (05:53):
News and Views you trust to start your day. It's
early edition with Bryan Bridge and are these super center
explore of these accessories and servicing fall than one news
talks they'd be Good.
Speaker 2 (06:05):
Morning to you Andrew Dickins today it is fourteen minutes
after five. We've got some evidence of bad spending by
the Ministry of Social Development and OIA by the Taxpayers
Union has revealed the government spent over thirty eight million
dollars on business startup grants and they gave them to beneficiaries. However,
the Ministry doesn't track the performance of the businesses to
(06:25):
see how they do once we give them the handout.
And the real kicker hundreds of those given the grants,
we're back on the benefit within two years. To talk
about this, I'm joined by Phil Wicks, who is the
Small Business New Zealand founder.
Speaker 8 (06:36):
Morning to you, Phil, Good morning here are you?
Speaker 2 (06:39):
I'm good? Is this bad fund management? George just playing stupidity?
Speaker 8 (06:44):
Well, I'll also entrepreneurship. You know it's being my life
with small business owner's. Starting business is hard. It's not
a quick fix round employment. If we're going to use
taxpayers made to help people into business has to be
more than just writing checks and wishing them a goodish
and good.
Speaker 2 (07:00):
Luck, patting on the back and go go to it.
I don't want to be rude, but the guys that
they've given the thirty eight million dollars to are already
unemployed and there may be a reason for that.
Speaker 8 (07:11):
Yeah, our starting a business is not a social service.
It's a high risk commercial decision. You need skills, planning, support, resilience,
not just a lumplification as you see to put on
the back. Now, often people on these schemes of the
furtherest from the labor market. I guess it doesn't mean
I can't succeed. And I said I'm all for entrepreneurship.
(07:31):
But it does mean they need more structure, more mentoring,
and clearer expectations, not less. And you got a proper
recourse on what happens as well.
Speaker 2 (07:42):
You could say we have tracked this because we've found
out that hundreds of the people who got these grants
we're back on the benefit within two years. So we
can assume that the business has failed. And so we
can assume, you know, the whole program did not work.
So we should just stop it, shouldn't we?
Speaker 8 (07:58):
Yes, I would think so if you take some he's
been on a benefit for a long time in government
grad Child'm not a business owner, but you don't wrap
proper support around them. You're almost you're almost setting them
up to fail and sending them straight back into straight
back into a benefit.
Speaker 2 (08:15):
How should we spend thirty eight million dollars in a
better way?
Speaker 8 (08:20):
Well, there are schemes, you know, there are some very
good government schemes. The capabilities out your scheme for one,
which is it's a small you know, I think it's
a very underfunded scheme. It's but it's very well run.
It's run very well by the regional business partners. There's
a good structure around it, and an office of generally
(08:41):
offers a very good returnal investment. You know, business owners
get up to it's fifty fifty funding, they get up
to five thousand dollars. But you can trace back and
we've done that with our own clients that have benefited
from that scheme. I think about a year ago, had
to look at everybody that had been throughout with and
we could measure that on average they over a long
(09:03):
term they've got about I think it was about one
hundred and eleven percent growth. Now that's a return on
investment that's well run. You can measure it, and you
know that those businesses that succeed off of more into
the economy, there's more tax that they're paying these more
people that they employ. So that's an example of a
of a really well run scheme. But there's a lot
(09:23):
of like I said, there's a lot of support support
around there. You know, if you're don't to do anything
like this, you must make the money conditional on mass milestones,
you know, finishing a business plan, complete training, show some
actual customers, hit some revenue, few targets. Yeah, yeah, well
that's our investors will work in the real world isn't
exactly right.
Speaker 2 (09:43):
Execuate Phil works, I thank you for your time. Small
Business New Zealand founder more on this with Mike. He's
going to talk to Phil Riley. He's going to talk
about the whole thing. It does seem quite bizarre, doesn't it.
It is eighteen minutes after five, so we've had a
lot of talk about how you go to a tech
get a trade. It turns out that getting a traded
print inship isn't necessarily a good thing for everybody. In fact,
(10:03):
over half the apprentice trainees in New Zealand drop out
before they complete their course.
Speaker 3 (10:08):
Why.
Speaker 9 (10:08):
I don't know.
Speaker 2 (10:09):
That's why we're talking to Gus Gilmore, who is the
CEO of Tippukinga, which, by the way is the text
that's the Institute's that's next here on news Talks here
b it's nineteen after five.
Speaker 1 (10:20):
Ryan Bridge on Early Edition with r V Supercenter explore
r v's accessories and servicing.
Speaker 3 (10:27):
All in one news Talks.
Speaker 2 (10:28):
It'd be twenty one after five. I talked about the
Greens earlier, about their economic vandalism, their economic terrorism whatever,
and I said, well, they're just standing up for what
they believe in. Taylor writes, I don't know which way
it's all going to swing next year, and this all
makes me worried either way. All right, it turns out
a trade apprenticeship isn't the hail Mary. Some think it is.
(10:48):
Over half of our apprentice trainees in New Zealand drop
out before they complete their course. Last night, Vocational Education
Minister Penny Simmons told Ryan Bridge how much we've wasted
on it.
Speaker 10 (10:59):
It's tens of millions, probably getting close to hundreds of millions,
so it's quite a lot of money.
Speaker 11 (11:04):
But it's a waste all round.
Speaker 5 (11:06):
Really.
Speaker 10 (11:06):
It's a waste for the government, but it's also a
waste for the employer.
Speaker 2 (11:10):
So joining me now is the CEO of Tipper Kinger,
Gus Gilmore.
Speaker 3 (11:13):
Good morning to you, Gus, Good morning Andrew.
Speaker 2 (11:16):
Is the money spent on your thing a waste?
Speaker 9 (11:20):
Look?
Speaker 12 (11:20):
I think the initiative from the ministers she announced yesterday
is a really good thing. We need to continue to
research thoroughly why we're losing apprentices and a key to
that is first year attention rates. That's the canary in
the mind for us, and we've seen a steady decline
in those first year attention rates.
Speaker 8 (11:40):
Why due to a.
Speaker 12 (11:41):
Number of factors.
Speaker 2 (11:42):
Yeah. Why.
Speaker 12 (11:44):
There's sort of three main categories from the research we
did in twenty twenty three. The first one is the
system level type factors where the apprentice and the employee
don't have control over things like training, wage rates, low pay,
economic climate where are simply apprentices are unemployment and lose
(12:04):
their job due to the downturn in our economy. Second
major area is government compliance and immigration policy settings. So
in some sectors it's not a requirement to have apprenticeship
qualification and we see in those areas of our economy
the dropout rates are higher. And then the third major
(12:26):
category is government incentives and apprentice apprenticeship boost scheme is
a really good one. During twenty during the COVID period,
there was an incentive which paid employers to attract and
retain apprentices. Unfortunately, that turned into a bit of a
sugar rush and we saw huge growth and apprenticeship numbers,
(12:49):
but the completion rates foul.
Speaker 2 (12:53):
So the ball is in your court. You're here to
train our next generation of workers. Can we fix it?
Speaker 12 (13:00):
Yeah?
Speaker 8 (13:00):
And there is an emerging positive picture.
Speaker 12 (13:03):
As I said, the canary in the mind is our
first year attention rates. Last year in twenty twenty four,
we saw those first year rates move from sixty percent
to seventy percent. So we're going to see more apprentices
completing over the next three four years of their apprenticeship program.
But important initiatives likes providing support in the workplace. Two
(13:29):
apprentices is important. Apprentice is feeling valued, having the right
culture in the workplace, providing mentors from industry, those experienced
people wrapping their support around our young people while a're
learning on the job.
Speaker 2 (13:46):
Good stuff, Gus, I thank you so much for your
time today and I wish you were the very best
of luck. And if you are doing this thing, stick
to it. It'll play off in the long run. Five
twenty four the early.
Speaker 1 (13:55):
Edition for All the Show podcast on Iart Radio Power
by News Talks at Me.
Speaker 2 (14:01):
News Books have B five twenty six. So there's a
bit of controversy in the Ockham New Zealand Book Awards
as two books by notable authors are withdrawn from competition
because their covers were created using AI. Shame on them,
Stephanie Johnson's collection of short stories called Obligate Carnivore and
Elizabeth Smithers collection of Novella's Angel Train are the two
(14:21):
books canceled so their covers were created using AI, and
the Book Awards are on high alert for anything that
takes the place of human activity in the creative field.
The decision to amend the criteria around AI was spurred
by a desire to support creative and copyright interests of
the country's writers and illustrators. So, look, I understand the
concern from the creatives about the rise of AI, but
(14:44):
I don't think they really understand how AI was used
in these circumstances. So you make a cover, A graphic
designer does that. Sometimes they might commission an artist to
draw the cover. That's all good. More often, though, they've
been creating images using computer programs like Photoshop or Adobe,
but an. In all cases, a human is in charge,
and it's the same here. Elizabeth Smithers team had a
(15:05):
specific image of Mind combining a steam locomotive and an
angel inspired by Mark Schaghale, and then a human asked
AI to do it. It popped it out. Then a
human refined it is that any different to a graphic
designer pulling it together in Adobe? But AI is spooking
the creatives, right, AI bands have had hit albums. Now
Paul McCartney is releasing a single two minutes forty five
(15:27):
seconds of complete silence, in protests at all the AI
that is stealing a sound. Morgan Freeman is writing against
AI copies of his voice. But Elizabeth Smithers and Stephanie
Johnson wrote their books, and in Stephanie's case, the short
stories have been written over twenty years. But now her
work has been canceled because of a virtue signaling protest
(15:49):
against progress. She must be heartbroken. AI is out of
the genies bottle. It's important that whenever it's used, its
influence should be credited. But it still can't do its
own thing. It still needs a human to guide it
and set it on its way. So it's just like
any other tool, including a pen and a piece of paper. Meanwhile,
on AI on Thursday, we hear the Nvidia result. Now,
(16:12):
Nvidia is the bell weather stock of AI is the
chips that they use to fire this whole thing. And
there are bears and bulls and people talking about the
bursting of the AI tech bubble as being a thing.
And I just want to warn that AI is interesting,
AI is good, but AI is still in its infancy
and there's a lot a long way to go before
it becomes a terminator film. And I have to say
(16:33):
what interesting times we live in. And I don't agree
that Ockham New Zealand Book Awards should actually cancel. Stephanie
Johnson and Elizabeth Smithers.
Speaker 3 (16:43):
Zibby, raise yourself.
Speaker 2 (16:44):
We're going to play some Metallica in a few moments
time that is certainly not artificially generated by a computer.
Oh no, some incredible stories around Metallica. So that's on
its way. Text through from Mark about their appredices. He
reckons half of them drop out because the training is subsidized,
if not free, and taken on by low income family
members who are unemployed. They train because they need to
(17:05):
do something, but then they find a paid wage employee
elsewhere and they leave for immediate dollars. But it does
mean that taxpayers dollars have been somewhat wasted in the
process Metallica. Our UK correspondent Peter Anderson, apparently the Chinese
spies are using LinkedIn. That's all on the way. I'll
tell you what's happened out of Cop thirty as well.
(17:26):
This is a news talk, said b in a fast.
Speaker 1 (17:28):
Cut bars and we can fly stealing to make a
decision and leave none lived.
Speaker 3 (17:34):
This way.
Speaker 1 (17:39):
The news you need this morning and the in depth
analysis Early edition with Ryan Bridge and are the Supercenter.
Explore our these accessories and servicing all in one news
talk SETB never.
Speaker 5 (18:00):
Want into you.
Speaker 2 (18:00):
A little bit of Metallica to wake you up.
Speaker 3 (18:02):
Hot and heavy.
Speaker 2 (18:03):
They're playing tonight in Auckham's I'm Going. I can tell
you the weather is kind of misty rain and it's
pretty humid and warm. It's actually perfect music for hot,
hard and heavy metal music. So there we go. Now
there's gonna be traffic chaos all around, Eat and part,
they say, And there's gonna be traffic coias and orkhand.
The whole thing is sold out. However, if you really
(18:24):
want to go because you just heard a little bit
of sad Man, there are still VIP tickets available, but
hold your horses. They are not cheap. Metallica gives you
a snake pits experience. It's advertised at four thousand dollars
a ticket. You get your ticket, you get a lanyard,
you get exclusive standing sections seats, you get a meet
(18:44):
and greeting conversation with just two of the band members
and you get an official photo with them four thousand dollars.
You also get a tour backstage, a photo on stage,
and party with other fans pre show with free drinks
and canopies, and you get priority lanes at the venue
and taking. You get to take home some exclusive merchandise
and an audio file of the show from the night.
Four thousand bucks.
Speaker 5 (19:05):
Can you believe it?
Speaker 2 (19:06):
For one thousand you can get a ticket to the
snake pit standing section, pre show party entry, slightly less
merch and the audio file, no interaction with the band,
And for five hundred dollars you could get yourself a
four ticket with early entry, a Metallica drink bottle or cup,
one free beverage, early access to the merch stand and
a priority laying into the venue. Now, look, I love Metallica,
(19:27):
but not that much. It is twenty two to six.
Speaker 3 (19:31):
Used dogs'd be around the country.
Speaker 2 (19:34):
We go Callum Procter joins is from Otago. Good morning
to you, Callum morning, Andrew. So the Great Walks, there's
a lot of them down your area, but they're being
hit with delays and opening.
Speaker 13 (19:44):
Yeah, well the big one's milk for track isn't it,
And it's now going to reopen on Monday. Was meant
to be today, but it's been pushed out again after
significant spring snow and rain caused large avalanches on the
track that changed water courses to damage sections of the
track covered sections with debris as well, so another delay.
Dock's already been forced to delay it's reopening twice. November
(20:07):
eleven was the first date, the first postponed date that
was pushed out to today and November nineteen, so it's
now going to be Monday, which is the twenty fourth.
Doc says that these persistent avalanche conditions coupled with all
this unfavorable weather meant their work to reinstall some bridges
just wasn't possible until this week. They've been in direct
contact with the poor old walkers who have been impacted.
(20:29):
They're now looking forward to hopefully getting on with it
uninterrupted summer.
Speaker 4 (20:33):
Yeah.
Speaker 2 (20:33):
Well, I hear that the Rootburn track is still partially
closed because they've got wasiste deep snow. Meanwhile, we're playing
the plunket shield and cricket funny old time of the year. Hey,
how is your weather today?
Speaker 9 (20:44):
Yeah?
Speaker 13 (20:44):
Pretty good around the South mostly Dunedin's mainly find north
Easterly is today twenty to high.
Speaker 2 (20:49):
To Christ here as we go. Good morning, Clear Sherwood,
Good morning, very sad day, and I remember this day
very well. Fifteen years since the Pike River explosions of
what's happening hard.
Speaker 6 (20:58):
To believe it's been that long.
Speaker 14 (21:00):
I know. Look, it has been fifteen years today since
twenty nine men died in the Pike River. Mind Anna
Osborne who lost her husband and Sonya Rockhouse, whose son
died today spending the anniversary.
Speaker 11 (21:12):
Some are a little unusual, to be fair.
Speaker 14 (21:14):
They're sitting down with the Workplace Relations and Safety Minister
at Brook van Valden. They did request a meeting and
they did also want the minister to watch the newly
released film Pike River ahead of it. They tell me
they're not sure of today's meeting and the timing of
it was intentional, but they do say most people would
like to spend an anniversary like this with their loved
(21:34):
ones commemorating in their own way. Anna Osborne, though, says
they do plan to sit the minister down tell her
how hard it is to lose a loved one at
work and to feel like it's being brushed under the carpet.
In fact, her words were that she still feels as
if no one in New Zealand gives a damn about
workplace safety the minister. We've been chasing some answers to
questions for several days now, and we do want to
(21:56):
know whether she's watched the movie. Her office have responded
they haven't said any of our questions, but they did
say this is a meeting requested by some of the
families and the Minister has accepted their invitation and will listen.
Speaker 2 (22:07):
Yeah, okay, how'd you.
Speaker 14 (22:09):
With her often cloudy simpatche light rain about this morning
nor the least easing and the high will be twenty
three to Wellington?
Speaker 15 (22:15):
We go next, told good morning, good morning.
Speaker 2 (22:17):
What's the latest we know from the sense and fire
that has broken all of their hearts.
Speaker 16 (22:21):
Yeah, we've been waiting for this update and it came yesterday.
This house fire and Samson in man O, wa Tu
Saturday afternoon, absolutely horrific. Three young children under seven dead, August,
Hugo and Goldie and their father dead as well. At
first you thought, how could this happen at two o'clock
in the afternoon and Sadly, our suspicions were finally confirmed
that police are treating it as a homicide, i e.
(22:42):
A triple murder suicide potentially carried out by the father.
We understand he's a local businessman. The comment that really
stood out by police yesterday was that the father himself
was not burned in the fire. Post mortems have now
been carried out. We don't know exactly how the children
die yet. We don't know if they died in the
fire or were killed earlier. Potentially three hundred thousand dollars
(23:05):
so far raised in fundraising efforts for the children's grieving mother.
Speaker 2 (23:09):
Okay, how's your weather?
Speaker 16 (23:11):
Showers today? North least twenty today's Hey, you.
Speaker 2 (23:13):
Never read of a man who joins me right now?
Speaker 11 (23:15):
From morning to good morning.
Speaker 2 (23:16):
I played some Metallica and talked about Metallica, and you
are going, oh, yeah, wow, it's going to be awesome.
Full house as well, fall house. It's not just eating
part that's going to be full.
Speaker 11 (23:29):
No, you're quite right. So you know, we've also got
four thousand international delegates. They're going to be gathering the CBD,
the LTI As Center. Now, this is four the country's
largest ever academic conference celebrating Indigenous education, so we've got
that happening this week or happening right now. And Metallica,
so the much needed boost for Auckland hotels today fifty
(23:51):
seven thousand visitor nights, bringing them to full capacity. So
good news.
Speaker 2 (23:55):
You cannot get a hotel room in Auckland.
Speaker 11 (23:58):
And if you do, Crawul, you're probably gonna play like
three thousand. Hey, so what's the tips. What time are
you getting down there to Eden Park?
Speaker 4 (24:06):
Well?
Speaker 11 (24:06):
Will you be there by like three thirty?
Speaker 2 (24:08):
There's a band Evanescence is playing also Suicidal Tendencies in
their Metallica, so you know they start playing from five
to thirty, so anytime.
Speaker 11 (24:15):
Well, I live in that hood, so I'm not going, obviously,
but I'm looking forward to listening to it all from
my balcony.
Speaker 2 (24:21):
Yes, and how is the weather for the concert?
Speaker 11 (24:23):
Okay, well rain, but that'll be quite nice though.
Speaker 2 (24:28):
It'll bead shower booky and yeah, that's.
Speaker 11 (24:31):
Fit the mood. And it's still warm. Twenty two is
the high So yeah, looking pretty good for the fans.
Speaker 2 (24:37):
Thank you very much. Never read your manner on the way.
I'll tell you what happened at cop thirty and unfortunately
it's not good for us. And also there's this new
report out at the moment which is about always bad.
It's about how New Zealand will be in twenty fifty.
We won't have enough workers, pensions will absorb all of
our income tax and a whole lot more. We'll talk
more about this before six here on news Talk.
Speaker 1 (24:55):
ZB International correspondence with ends and Eye durrants peace of
mind for New Zealand business.
Speaker 2 (25:03):
It is now fourteen to six. I made Ridd Dickens
to the UK. We go Peter Amison, good morning.
Speaker 9 (25:08):
To you, Andrew, good morning.
Speaker 2 (25:11):
Britis in Peace have been worn by Security Service five
that their risk are being targeted by Chinese spies through
LinkedIn Yeah.
Speaker 9 (25:20):
The UK's Security Service mi I five has issued an
espionage alert to MPs in the House of Commons, but
also to Parliament's second chamber, the House of Lords. The
warning highlights a significant risk of espionage from the Chinese state,
with China believed to be targeting many of those working
closely with national politicians. It's understood that individuals such as
(25:42):
parliamentary staff, economists, consultants and advisors are being targeted for
so called insider insights. I five has even named two
bogus LinkedIn profiles which it believes are being used by
China's Ministry of State Security to target individuals working with
UK politicians, and China's aim is to create long term
(26:04):
relationships that can collect information and influence the UK's parliament.
According to MI five, Britain security services are also warning
of other methods being employed by China, including offers of
cash or cryptocurrency in an effort to buy insider information.
Speaker 2 (26:21):
Well, if a stranger actually ask you how's your job
going on LinkedIn, I would say don't answer. Now we've
got take from Formula one is being used in a
scheme to provide faster and more reliable Wi Fi on
British trains.
Speaker 8 (26:34):
Yeah.
Speaker 9 (26:34):
Recent research has shown that the UK has among the
worst train Wi Fi speeds among Europe and Asia's major nations,
for example, with download speeds taking roughly sixty times as
long as they would in Sweden. Now one train company,
Great Western Railway, which covers the southwest of England, is
looking to address the problem thanks to racing car technology.
(26:56):
Its joined forces with a specialist tech company that used
to be part of Formula one. Business McLaren Group, and
together they're trialing a hybrid system that allows train Wi
Fi to switch automatically between the signal from mobile phone
masts on the ground and the signal from low earth
orbit satellites in space. And The boffins behind the idea
(27:16):
say the issues in accessing the Internet on a train
have many parallels with the challenges faced in motorsport, and
they hope their trial will enable users to reliably connect
to the Internet while traveling without dropouts.
Speaker 2 (27:29):
Good South, Peter Edison, I thank you so much for
your time today. Now Cop thirty wrapped up in Brazil.
Four big takeaways or run you through them. First, the
world needs action, not promises. Leaders say it's time to
deliver on climate goals. Second, Forests front and center billions
pledged to protect the Amazon and support indigenous communities. Thirdly,
climate justice is key, Tackling inequality and building global partnerships
(27:50):
is the only way forward. And finally, and this is
the big one, and this is why I'm mentioning it.
This will affect us. Their final fourth takeaway, cutting super
per allutants like methane, the conference reckons that would slash
warming by half a degree by twenty fifty and that
would be a fast win and unfortunately, of course we
make a lot of methane. It's eleven to six Z.
(28:15):
There's a worrying new report out this morning from Business
in New Zealand. It projects a short fall of at
least two hundred and fifty thousand workers by twenty forty five,
with health and pensions absorbing one hundred percent of our
income tax. And they also reckon there's a one and
four chance of no population growth at all, and they'd
like to see a national bipartisan vision. Leanne Watson is
(28:36):
the chief executive of Business Canterbury Joints.
Speaker 7 (28:39):
Now.
Speaker 15 (28:39):
Hello Leanne, good morning Andrew.
Speaker 2 (28:41):
Not a pleasant read, but are they right?
Speaker 9 (28:45):
Oh?
Speaker 10 (28:45):
Look, I think there is a number of things in
the report that certainly requires some more robust thinking that
I think calling for too much by part of an
agreement might be a little unrealistic, particularly as we are
heading into an election year next year. What we do
need is a clear understanding of the go no go
areas from major political parties and definitely reducing that pendulum
(29:05):
swing to something more manageable for business. You know, the
business people I talk to around the country looking for
a conversation about steady, incremental progress, not a pendulum slift
shift which would potentially south go backwards.
Speaker 2 (29:18):
So that's what a national, a nation bipartisan vision would
look to you just calm down, kick to full time goals.
But the thing that gets me is the two hundred
and fifty thousand workers. I mean, we need workers, business
needs workers. Do we need to change immigration settings? You know,
what what can we do about this shortfall?
Speaker 16 (29:36):
Yeah?
Speaker 10 (29:36):
Absolutely, And look, I think you know there is definitely
air requirement here to ensure that we create some I
guess the scale and the timing of those policy settings
needs to be you know, really clearly laid out for
businesses and for migrants and salves. I mean, we will
always need international talent. We're a country at the bottom
of the world and we're a small country, so it's
(29:58):
a combination of both.
Speaker 12 (29:59):
Though we need.
Speaker 10 (30:00):
International talent, we need to provide certainly around those immigration settings,
because when you're making a decision to move, you know,
from the other side of the world to a different country,
you don't do so lightly, and so having potential for
those settings to change from one government to another is
really unsettling for both those people making those decisions, but
also for the employers who are making big investments on
(30:22):
bringing people into the country. We also need to help
with her to grow our own talent, and we need
to make sure there's a really good interface between our
education sector and industry around future workforce planning, and some
of that has happening. You know, we've got a couple
of great universities in Canterbury, canib University in particular, really
engaged with our business community to make sure that they're
(30:42):
getting those conversations going and getting the right talent coming
through our education systems.
Speaker 2 (30:47):
I'm loving your tone, though, because this comes out at
a bad time and we've had a hard year and
everyone's talking us down and you know, the confidence is low,
and then we hear this like by twenty fifty it's
going to be even worse. But you're she's saying there's
still a lot to look forward to.
Speaker 10 (31:03):
Well, absolutely, I mean I'm from Canterbury and you know
we are fortunate we are in our region and you know,
in the South Island, you know, things are actually going
reasonably well. We've got you know, really great net month
internal migration. You know, we're seeing population growth, you know,
we're seeing export growth and so I think, you know,
(31:23):
there is a lot to be positive about around our
economy in the future. Has it been challenging for the
last sort of five years, Absolutely it has. But I think,
you know, if we get these settings right, if we
create confidence, and you know, we've been doing a bit
of work in Canterbary to provide some of the answers
to make sure that we do have a long term
vision and there's a role for the private sector to
(31:45):
play that in terms of having a really strong ambition.
There is a role for local government and central government
to create the right environment for you know, businesses to
do what they do best, which is to innovate, to
invest and to grow and all of us that's actually
government getting out of lay and sometimes the right.
Speaker 2 (32:02):
Lead exactly, all of us working together, Lee and Watson
from Business to Canterbury. I thank you so much for
your time today.
Speaker 1 (32:08):
The first Word on the News of the Day early
edition with Ryan Bridge and r V Supercenter explore r
v's accessories and servicing.
Speaker 3 (32:17):
More than one news talks.
Speaker 2 (32:19):
That'd be all right, stop with the negative texts.
Speaker 5 (32:21):
Don't need that.
Speaker 2 (32:22):
I know what Business New Zealand has said but hey,
you're always got to look for good news. Aquaculture, Samford
profit up twenty two hundred and twenty four percent, and Mike,
you're talking to the Samford fellers today.
Speaker 3 (32:33):
Yeah, I am.
Speaker 15 (32:34):
He's an interesting bloke. In fact, it's a very likable guy.
He was at Scaler up until relatively recently, and Scaler
up for a good story in themselves. Of course, they're
more than just gun boots, and so he's moved into
Sandford and they had problems, so they've had so it's
a Samford story, not a fishing or aquaculture story. So
he's basically in a year since he's been there, turned
them around, paid off a lot of debt, and they've
(32:56):
got a China Bullish on China and interesting on America
as well in terms of terriff, because those are the
two main market. And muscles. See I love muscles. I
would have thought muscles if you'd ask me, I see,
I love them, But but I would have thought that
they're booming. People love Chinese love muscles full of mine,
full of proteins. Good, it's a protein story to Metallica,
(33:17):
of course, I am who doesn't who doesn't go to
Metallica when they're in town. Why is Metallica a thing
in terms of you know, it's going to be chaotic
and it's parking?
Speaker 7 (33:27):
Is it?
Speaker 15 (33:27):
I mean, why isn't I mean every constants the same,
every concident is the same. So is it going to
be exactly the same, exactly the same? Is it a
different sort of operator? Who's going?
Speaker 3 (33:38):
Is that the Yeah?
Speaker 2 (33:39):
I would say that you won't be able to see
the crowd because they're all in black T shirts.
Speaker 15 (33:43):
Are they the sort of people who park their car
on lawns? Very probably?
Speaker 2 (33:47):
Very probably?
Speaker 3 (33:48):
Are you going? Yes, I am?
Speaker 15 (33:49):
You have good time?
Speaker 2 (33:50):
It's going to be fun.
Speaker 15 (33:51):
Will honestly they.
Speaker 2 (33:53):
Get a producer. N z Laker's next, a Heavy.
Speaker 3 (34:00):
For More famili edition with Ryan Bridge.
Speaker 1 (34:02):
Listen live to Newstalk STB from five am weekdays, or
follow the podcast on iHeartRadio
The issues, the interviews and the insight. Ryan Bridge on
early leadership with r V Supercenter, explore r V successories
and servicing all in one news talks.
Speaker 2 (00:12):
They'd be well, good morning to you. No not Ryan
Bridge today, Andrew Dickens has Ryan fills in for Heather
who lost her voice. Now coming up in the next
sixty minutes, Government is spending thirty eight million dollars on
business startup loans to beneficiaries and no one is checking
up on the results. We'll have that story for you
in five. Apparently over half of apprentice students don't finish
(00:32):
their training, so what's causing them to quit?
Speaker 3 (00:34):
We'll have that story. In ten.
Speaker 2 (00:36):
Authors are getting canceled because of AI Who and why?
Just before how Fast and a Business New Zealand report
warns of a shortfall of at least two hundred and
fifty thousand workers by twenty forty five. So where are
we going to get these workers from? We'll have that
story just before six. We'll have correspondence from right around
New zeal And. Peter Anderson joining us from the UK.
And you can have your say anytime you like with
(00:57):
a text ninety two ninety two in a small chat
jupplies at seven up to.
Speaker 3 (01:01):
Five the agenda.
Speaker 2 (01:04):
It's Wednesday, the nineteenth of November. Saudi Arabia's Crown Prince
Mohammed ben Salmon is at the White House. He's here
to discuss deals on defense and civilian nuclear power, and
Donald Trump says the United States will sell F thirty
five fighter jets to the Saudis.
Speaker 4 (01:22):
You're in a great lay. They've got to like us
very much. Look at the Iran situation. What we did
in terms obliterating there, We obliterated their nuclear capability. Yeah,
I will say that we will be doing that. We'll
be selling F thirty five.
Speaker 5 (01:40):
Yeah.
Speaker 2 (01:40):
Meanwhile, Jeffrey Epstein victims have been speaking in Washington ahead
of the United States House of Representatives vote to release
all the files.
Speaker 6 (01:48):
I am begging every member of Congress, every representative, to
step up and choose the chaos. Choose the survivors, choose
the children's attacked the children.
Speaker 2 (02:02):
The bill calls for travel records and names of individuals
and entities referenced in the investigation to be unveiled. Meanwhile,
Marjorie Taylor Green is still heading out of Donald Trump
despite his change of heart on the bill.
Speaker 7 (02:15):
I've never owed him anything, but I fought for him,
for the policies and for America first. And he called
me a trader for standing with these women and refusing
to take my name off the discharge petition.
Speaker 2 (02:30):
And finally, Google's boss says every company in the world
would be affected if the AI bubble were to burst.
He says, while the growth of AI investment has been extraordinary,
there's a little bit of irrationality in the current AI boom.
Speaker 5 (02:43):
There are moments you or shoot right. Collectively as an industry,
we can look back at the Internet right now. There
was clearly a lot of excess investment, but none of
us would question whether the Internet was profound or did
it drive a lot of impact. It's fundamentally changed how
he worked. Did you as a society? I expect AI
to be the scene, so I think it's bought rational
(03:05):
and there are elements of irrationality through a moment like this.
Speaker 2 (03:09):
More on AI just before five point thirty is coming
up ten past five.
Speaker 3 (03:14):
Get ahead of the headlines on early edition with Brian
Bridge and r V Supercenter explore r these accessories and
servicing all in one news talks that'd be.
Speaker 2 (03:25):
So the Greens yesterday threatened to cancel mining contracts and
permits retrospectively if they get into power, and it was
greeted by scorn from the Finance minister. Also act in
New Zealand, first Shane Jones reached for his thesaurus and
slammed it. Meanwhile, David Seymour called it economic terrorism and
the Finance Minister called it economic vandalism. But I'm going
(03:46):
to give the Greens some praise. It's better to know
what they want to do rather than having to second
guess them, something you can't say about Labour these days,
because who knows what they would do. Secondly, this is
absolutely what they've always wanted to do, so at least
they're staying true to their beliefs, which again is more
than you can say about many politicians. And Thirdly, the
simple point is if you agree with them, vote for them.
(04:08):
If you don't, don't simple as that they're nowhere near
power yet, but you know they're not wrong that the
world needs to get over burning stuff. But that doesn't
happen overnight. It is a process, and we're already so
much better than we were twenty years ago. It's just that,
as you grow your economy, your alternatives need to grow too,
and it's a never ending process. And this is why,
(04:29):
despite all our best efforts, we still need coal. And
I'd rather buy New Zealand coal than Malaysian And we
are buying coal. We need it to keep the lights on.
We've bought one million tons of coal this year alone
to keep the lights on. But you know what really
you to telling me about yesterday's drama was the claim
that counseling international contracts ruins our international reputation. And I
(04:53):
thought that was a little rich because the current government
easily canceled the cook Straight ferry deal and had to
pay a hefty amount to compensation. So are they any better?
Speaker 3 (05:01):
Were we?
Speaker 2 (05:03):
Is our reputation any worse? Alie Jones last night on
the panel noted that they canceled fair pay legislation. But
I don't see women around the world samming us. And
this government is wearing the brunt of criticism about our
climate policy at COP thirty, but they don't seem to
mind that either. You know, governments cancel former governments deals
all the time, and it happens all around the world,
(05:23):
and people don't have conniptions, So let's stop thinking about
whatever other people think and it's just stay true to
our own beliefs that be Here's a shocking statistic for
this morning. Apparently the government spends thirty eight million dollars
on business startup grants to beneficiaries and the worst thing
about it is that they don't check out how well
(05:44):
the investment's going. We'll have the story for you in
a few moments time with Phil Wicks, who is the
Small Business New Zealand founder. It is twelve after five.
Speaker 1 (05:53):
News and Views you trust to start your day. It's
early edition with Bryan Bridge and are these super center
explore of these accessories and servicing fall than one news
talks they'd be Good.
Speaker 2 (06:05):
Morning to you Andrew Dickins today it is fourteen minutes
after five. We've got some evidence of bad spending by
the Ministry of Social Development and OIA by the Taxpayers
Union has revealed the government spent over thirty eight million
dollars on business startup grants and they gave them to beneficiaries. However,
the Ministry doesn't track the performance of the businesses to
(06:25):
see how they do once we give them the handout.
And the real kicker hundreds of those given the grants,
we're back on the benefit within two years. To talk
about this, I'm joined by Phil Wicks, who is the
Small Business New Zealand founder.
Speaker 8 (06:36):
Morning to you, Phil, Good morning here are you?
Speaker 2 (06:39):
I'm good? Is this bad fund management? George just playing stupidity?
Speaker 8 (06:44):
Well, I'll also entrepreneurship. You know it's being my life
with small business owner's. Starting business is hard. It's not
a quick fix round employment. If we're going to use
taxpayers made to help people into business has to be
more than just writing checks and wishing them a goodish
and good.
Speaker 2 (07:00):
Luck, patting on the back and go go to it.
I don't want to be rude, but the guys that
they've given the thirty eight million dollars to are already
unemployed and there may be a reason for that.
Speaker 8 (07:11):
Yeah, our starting a business is not a social service.
It's a high risk commercial decision. You need skills, planning, support, resilience,
not just a lumplification as you see to put on
the back. Now, often people on these schemes of the
furtherest from the labor market. I guess it doesn't mean
I can't succeed. And I said I'm all for entrepreneurship.
(07:31):
But it does mean they need more structure, more mentoring,
and clearer expectations, not less. And you got a proper
recourse on what happens as well.
Speaker 2 (07:42):
You could say we have tracked this because we've found
out that hundreds of the people who got these grants
we're back on the benefit within two years. So we
can assume that the business has failed. And so we
can assume, you know, the whole program did not work.
So we should just stop it, shouldn't we?
Speaker 8 (07:58):
Yes, I would think so if you take some he's
been on a benefit for a long time in government
grad Child'm not a business owner, but you don't wrap
proper support around them. You're almost you're almost setting them
up to fail and sending them straight back into straight
back into a benefit.
Speaker 2 (08:15):
How should we spend thirty eight million dollars in a
better way?
Speaker 8 (08:20):
Well, there are schemes, you know, there are some very
good government schemes. The capabilities out your scheme for one,
which is it's a small you know, I think it's
a very underfunded scheme. It's but it's very well run.
It's run very well by the regional business partners. There's
a good structure around it, and an office of generally
(08:41):
offers a very good returnal investment. You know, business owners
get up to it's fifty fifty funding, they get up
to five thousand dollars. But you can trace back and
we've done that with our own clients that have benefited
from that scheme. I think about a year ago, had
to look at everybody that had been throughout with and
we could measure that on average they over a long
(09:03):
term they've got about I think it was about one
hundred and eleven percent growth. Now that's a return on
investment that's well run. You can measure it, and you
know that those businesses that succeed off of more into
the economy, there's more tax that they're paying these more
people that they employ. So that's an example of a
of a really well run scheme. But there's a lot
(09:23):
of like I said, there's a lot of support support
around there. You know, if you're don't to do anything
like this, you must make the money conditional on mass milestones,
you know, finishing a business plan, complete training, show some
actual customers, hit some revenue, few targets. Yeah, yeah, well
that's our investors will work in the real world isn't
exactly right.
Speaker 2 (09:43):
Execuate Phil works, I thank you for your time. Small
Business New Zealand founder more on this with Mike. He's
going to talk to Phil Riley. He's going to talk
about the whole thing. It does seem quite bizarre, doesn't it.
It is eighteen minutes after five, so we've had a
lot of talk about how you go to a tech
get a trade. It turns out that getting a traded
print inship isn't necessarily a good thing for everybody. In fact,
(10:03):
over half the apprentice trainees in New Zealand drop out
before they complete their course.
Speaker 3 (10:08):
Why.
Speaker 9 (10:08):
I don't know.
Speaker 2 (10:09):
That's why we're talking to Gus Gilmore, who is the
CEO of Tippukinga, which, by the way is the text
that's the Institute's that's next here on news Talks here
b it's nineteen after five.
Speaker 1 (10:20):
Ryan Bridge on Early Edition with r V Supercenter explore
r v's accessories and servicing.
Speaker 3 (10:27):
All in one news Talks.
Speaker 2 (10:28):
It'd be twenty one after five. I talked about the
Greens earlier, about their economic vandalism, their economic terrorism whatever,
and I said, well, they're just standing up for what
they believe in. Taylor writes, I don't know which way
it's all going to swing next year, and this all
makes me worried either way. All right, it turns out
a trade apprenticeship isn't the hail Mary. Some think it is.
(10:48):
Over half of our apprentice trainees in New Zealand drop
out before they complete their course. Last night, Vocational Education
Minister Penny Simmons told Ryan Bridge how much we've wasted
on it.
Speaker 10 (10:59):
It's tens of millions, probably getting close to hundreds of millions,
so it's quite a lot of money.
Speaker 11 (11:04):
But it's a waste all round.
Speaker 5 (11:06):
Really.
Speaker 10 (11:06):
It's a waste for the government, but it's also a
waste for the employer.
Speaker 2 (11:10):
So joining me now is the CEO of Tipper Kinger,
Gus Gilmore.
Speaker 3 (11:13):
Good morning to you, Gus, Good morning Andrew.
Speaker 2 (11:16):
Is the money spent on your thing a waste?
Speaker 9 (11:20):
Look?
Speaker 12 (11:20):
I think the initiative from the ministers she announced yesterday
is a really good thing. We need to continue to
research thoroughly why we're losing apprentices and a key to
that is first year attention rates. That's the canary in
the mind for us, and we've seen a steady decline
in those first year attention rates.
Speaker 8 (11:40):
Why due to a.
Speaker 12 (11:41):
Number of factors.
Speaker 2 (11:42):
Yeah. Why.
Speaker 12 (11:44):
There's sort of three main categories from the research we
did in twenty twenty three. The first one is the
system level type factors where the apprentice and the employee
don't have control over things like training, wage rates, low pay,
economic climate where are simply apprentices are unemployment and lose
(12:04):
their job due to the downturn in our economy. Second
major area is government compliance and immigration policy settings. So
in some sectors it's not a requirement to have apprenticeship
qualification and we see in those areas of our economy
the dropout rates are higher. And then the third major
(12:26):
category is government incentives and apprentice apprenticeship boost scheme is
a really good one. During twenty during the COVID period,
there was an incentive which paid employers to attract and
retain apprentices. Unfortunately, that turned into a bit of a
sugar rush and we saw huge growth and apprenticeship numbers,
(12:49):
but the completion rates foul.
Speaker 2 (12:53):
So the ball is in your court. You're here to
train our next generation of workers. Can we fix it?
Speaker 12 (13:00):
Yeah?
Speaker 8 (13:00):
And there is an emerging positive picture.
Speaker 12 (13:03):
As I said, the canary in the mind is our
first year attention rates. Last year in twenty twenty four,
we saw those first year rates move from sixty percent
to seventy percent. So we're going to see more apprentices
completing over the next three four years of their apprenticeship program.
But important initiatives likes providing support in the workplace. Two
(13:29):
apprentices is important. Apprentice is feeling valued, having the right
culture in the workplace, providing mentors from industry, those experienced
people wrapping their support around our young people while a're
learning on the job.
Speaker 2 (13:46):
Good stuff, Gus, I thank you so much for your
time today and I wish you were the very best
of luck. And if you are doing this thing, stick
to it. It'll play off in the long run. Five
twenty four the early.
Speaker 1 (13:55):
Edition for All the Show podcast on Iart Radio Power
by News Talks at Me.
Speaker 2 (14:01):
News Books have B five twenty six. So there's a
bit of controversy in the Ockham New Zealand Book Awards
as two books by notable authors are withdrawn from competition
because their covers were created using AI. Shame on them,
Stephanie Johnson's collection of short stories called Obligate Carnivore and
Elizabeth Smithers collection of Novella's Angel Train are the two
(14:21):
books canceled so their covers were created using AI, and
the Book Awards are on high alert for anything that
takes the place of human activity in the creative field.
The decision to amend the criteria around AI was spurred
by a desire to support creative and copyright interests of
the country's writers and illustrators. So, look, I understand the
concern from the creatives about the rise of AI, but
(14:44):
I don't think they really understand how AI was used
in these circumstances. So you make a cover, A graphic
designer does that. Sometimes they might commission an artist to
draw the cover. That's all good. More often, though, they've
been creating images using computer programs like Photoshop or Adobe,
but an. In all cases, a human is in charge,
and it's the same here. Elizabeth Smithers team had a
(15:05):
specific image of Mind combining a steam locomotive and an
angel inspired by Mark Schaghale, and then a human asked
AI to do it. It popped it out. Then a
human refined it is that any different to a graphic
designer pulling it together in Adobe? But AI is spooking
the creatives, right, AI bands have had hit albums. Now
Paul McCartney is releasing a single two minutes forty five
(15:27):
seconds of complete silence, in protests at all the AI
that is stealing a sound. Morgan Freeman is writing against
AI copies of his voice. But Elizabeth Smithers and Stephanie
Johnson wrote their books, and in Stephanie's case, the short
stories have been written over twenty years. But now her
work has been canceled because of a virtue signaling protest
(15:49):
against progress. She must be heartbroken. AI is out of
the genies bottle. It's important that whenever it's used, its
influence should be credited. But it still can't do its
own thing. It still needs a human to guide it
and set it on its way. So it's just like
any other tool, including a pen and a piece of paper. Meanwhile,
on AI on Thursday, we hear the Nvidia result. Now,
(16:12):
Nvidia is the bell weather stock of AI is the
chips that they use to fire this whole thing. And
there are bears and bulls and people talking about the
bursting of the AI tech bubble as being a thing.
And I just want to warn that AI is interesting,
AI is good, but AI is still in its infancy
and there's a lot a long way to go before
it becomes a terminator film. And I have to say
(16:33):
what interesting times we live in. And I don't agree
that Ockham New Zealand Book Awards should actually cancel. Stephanie
Johnson and Elizabeth Smithers.
Speaker 3 (16:43):
Zibby, raise yourself.
Speaker 2 (16:44):
We're going to play some Metallica in a few moments
time that is certainly not artificially generated by a computer.
Oh no, some incredible stories around Metallica. So that's on
its way. Text through from Mark about their appredices. He
reckons half of them drop out because the training is subsidized,
if not free, and taken on by low income family
members who are unemployed. They train because they need to
(17:05):
do something, but then they find a paid wage employee
elsewhere and they leave for immediate dollars. But it does
mean that taxpayers dollars have been somewhat wasted in the
process Metallica. Our UK correspondent Peter Anderson, apparently the Chinese
spies are using LinkedIn. That's all on the way. I'll
tell you what's happened out of Cop thirty as well.
(17:26):
This is a news talk, said b in a fast.
Speaker 1 (17:28):
Cut bars and we can fly stealing to make a
decision and leave none lived.
Speaker 3 (17:34):
This way.
Speaker 1 (17:39):
The news you need this morning and the in depth
analysis Early edition with Ryan Bridge and are the Supercenter.
Explore our these accessories and servicing all in one news
talk SETB never.
Speaker 5 (18:00):
Want into you.
Speaker 2 (18:00):
A little bit of Metallica to wake you up.
Speaker 3 (18:02):
Hot and heavy.
Speaker 2 (18:03):
They're playing tonight in Auckham's I'm Going. I can tell
you the weather is kind of misty rain and it's
pretty humid and warm. It's actually perfect music for hot,
hard and heavy metal music. So there we go. Now
there's gonna be traffic chaos all around, Eat and part,
they say, And there's gonna be traffic coias and orkhand.
The whole thing is sold out. However, if you really
(18:24):
want to go because you just heard a little bit
of sad Man, there are still VIP tickets available, but
hold your horses. They are not cheap. Metallica gives you
a snake pits experience. It's advertised at four thousand dollars
a ticket. You get your ticket, you get a lanyard,
you get exclusive standing sections seats, you get a meet
(18:44):
and greeting conversation with just two of the band members
and you get an official photo with them four thousand dollars.
You also get a tour backstage, a photo on stage,
and party with other fans pre show with free drinks
and canopies, and you get priority lanes at the venue
and taking. You get to take home some exclusive merchandise
and an audio file of the show from the night.
Four thousand bucks.
Speaker 5 (19:05):
Can you believe it?
Speaker 2 (19:06):
For one thousand you can get a ticket to the
snake pit standing section, pre show party entry, slightly less
merch and the audio file, no interaction with the band,
And for five hundred dollars you could get yourself a
four ticket with early entry, a Metallica drink bottle or cup,
one free beverage, early access to the merch stand and
a priority laying into the venue. Now, look, I love Metallica,
(19:27):
but not that much. It is twenty two to six.
Speaker 3 (19:31):
Used dogs'd be around the country.
Speaker 2 (19:34):
We go Callum Procter joins is from Otago. Good morning
to you, Callum morning, Andrew. So the Great Walks, there's
a lot of them down your area, but they're being
hit with delays and opening.
Speaker 13 (19:44):
Yeah, well the big one's milk for track isn't it,
And it's now going to reopen on Monday. Was meant
to be today, but it's been pushed out again after
significant spring snow and rain caused large avalanches on the
track that changed water courses to damage sections of the
track covered sections with debris as well, so another delay.
Dock's already been forced to delay it's reopening twice. November
(20:07):
eleven was the first date, the first postponed date that
was pushed out to today and November nineteen, so it's
now going to be Monday, which is the twenty fourth.
Doc says that these persistent avalanche conditions coupled with all
this unfavorable weather meant their work to reinstall some bridges
just wasn't possible until this week. They've been in direct
contact with the poor old walkers who have been impacted.
(20:29):
They're now looking forward to hopefully getting on with it
uninterrupted summer.
Speaker 4 (20:33):
Yeah.
Speaker 2 (20:33):
Well, I hear that the Rootburn track is still partially
closed because they've got wasiste deep snow. Meanwhile, we're playing
the plunket shield and cricket funny old time of the year. Hey,
how is your weather today?
Speaker 9 (20:44):
Yeah?
Speaker 13 (20:44):
Pretty good around the South mostly Dunedin's mainly find north
Easterly is today twenty to high.
Speaker 2 (20:49):
To Christ here as we go. Good morning, Clear Sherwood,
Good morning, very sad day, and I remember this day
very well. Fifteen years since the Pike River explosions of
what's happening hard.
Speaker 6 (20:58):
To believe it's been that long.
Speaker 14 (21:00):
I know. Look, it has been fifteen years today since
twenty nine men died in the Pike River. Mind Anna
Osborne who lost her husband and Sonya Rockhouse, whose son
died today spending the anniversary.
Speaker 11 (21:12):
Some are a little unusual, to be fair.
Speaker 14 (21:14):
They're sitting down with the Workplace Relations and Safety Minister
at Brook van Valden. They did request a meeting and
they did also want the minister to watch the newly
released film Pike River ahead of it. They tell me
they're not sure of today's meeting and the timing of
it was intentional, but they do say most people would
like to spend an anniversary like this with their loved
(21:34):
ones commemorating in their own way. Anna Osborne, though, says
they do plan to sit the minister down tell her
how hard it is to lose a loved one at
work and to feel like it's being brushed under the carpet.
In fact, her words were that she still feels as
if no one in New Zealand gives a damn about
workplace safety the minister. We've been chasing some answers to
questions for several days now, and we do want to
(21:56):
know whether she's watched the movie. Her office have responded
they haven't said any of our questions, but they did
say this is a meeting requested by some of the
families and the Minister has accepted their invitation and will listen.
Speaker 2 (22:07):
Yeah, okay, how'd you.
Speaker 14 (22:09):
With her often cloudy simpatche light rain about this morning
nor the least easing and the high will be twenty
three to Wellington?
Speaker 15 (22:15):
We go next, told good morning, good morning.
Speaker 2 (22:17):
What's the latest we know from the sense and fire
that has broken all of their hearts.
Speaker 16 (22:21):
Yeah, we've been waiting for this update and it came yesterday.
This house fire and Samson in man O, wa Tu
Saturday afternoon, absolutely horrific. Three young children under seven dead, August,
Hugo and Goldie and their father dead as well. At
first you thought, how could this happen at two o'clock
in the afternoon and Sadly, our suspicions were finally confirmed
that police are treating it as a homicide, i e.
(22:42):
A triple murder suicide potentially carried out by the father.
We understand he's a local businessman. The comment that really
stood out by police yesterday was that the father himself
was not burned in the fire. Post mortems have now
been carried out. We don't know exactly how the children
die yet. We don't know if they died in the
fire or were killed earlier. Potentially three hundred thousand dollars
(23:05):
so far raised in fundraising efforts for the children's grieving mother.
Speaker 2 (23:09):
Okay, how's your weather?
Speaker 16 (23:11):
Showers today? North least twenty today's Hey, you.
Speaker 2 (23:13):
Never read of a man who joins me right now?
Speaker 11 (23:15):
From morning to good morning.
Speaker 2 (23:16):
I played some Metallica and talked about Metallica, and you
are going, oh, yeah, wow, it's going to be awesome.
Full house as well, fall house. It's not just eating
part that's going to be full.
Speaker 11 (23:29):
No, you're quite right. So you know, we've also got
four thousand international delegates. They're going to be gathering the CBD,
the LTI As Center. Now, this is four the country's
largest ever academic conference celebrating Indigenous education, so we've got
that happening this week or happening right now. And Metallica,
so the much needed boost for Auckland hotels today fifty
(23:51):
seven thousand visitor nights, bringing them to full capacity. So
good news.
Speaker 2 (23:55):
You cannot get a hotel room in Auckland.
Speaker 11 (23:58):
And if you do, Crawul, you're probably gonna play like
three thousand. Hey, so what's the tips. What time are
you getting down there to Eden Park?
Speaker 4 (24:06):
Well?
Speaker 11 (24:06):
Will you be there by like three thirty?
Speaker 2 (24:08):
There's a band Evanescence is playing also Suicidal Tendencies in
their Metallica, so you know they start playing from five
to thirty, so anytime.
Speaker 11 (24:15):
Well, I live in that hood, so I'm not going, obviously,
but I'm looking forward to listening to it all from
my balcony.
Speaker 2 (24:21):
Yes, and how is the weather for the concert?
Speaker 11 (24:23):
Okay, well rain, but that'll be quite nice though.
Speaker 2 (24:28):
It'll bead shower booky and yeah, that's.
Speaker 11 (24:31):
Fit the mood. And it's still warm. Twenty two is
the high So yeah, looking pretty good for the fans.
Speaker 2 (24:37):
Thank you very much. Never read your manner on the way.
I'll tell you what happened at cop thirty and unfortunately
it's not good for us. And also there's this new
report out at the moment which is about always bad.
It's about how New Zealand will be in twenty fifty.
We won't have enough workers, pensions will absorb all of
our income tax and a whole lot more. We'll talk
more about this before six here on news Talk.
Speaker 1 (24:55):
ZB International correspondence with ends and Eye durrants peace of
mind for New Zealand business.
Speaker 2 (25:03):
It is now fourteen to six. I made Ridd Dickens
to the UK. We go Peter Amison, good morning.
Speaker 9 (25:08):
To you, Andrew, good morning.
Speaker 2 (25:11):
Britis in Peace have been worn by Security Service five
that their risk are being targeted by Chinese spies through
LinkedIn Yeah.
Speaker 9 (25:20):
The UK's Security Service mi I five has issued an
espionage alert to MPs in the House of Commons, but
also to Parliament's second chamber, the House of Lords. The
warning highlights a significant risk of espionage from the Chinese state,
with China believed to be targeting many of those working
closely with national politicians. It's understood that individuals such as
(25:42):
parliamentary staff, economists, consultants and advisors are being targeted for
so called insider insights. I five has even named two
bogus LinkedIn profiles which it believes are being used by
China's Ministry of State Security to target individuals working with
UK politicians, and China's aim is to create long term
(26:04):
relationships that can collect information and influence the UK's parliament.
According to MI five, Britain security services are also warning
of other methods being employed by China, including offers of
cash or cryptocurrency in an effort to buy insider information.
Speaker 2 (26:21):
Well, if a stranger actually ask you how's your job
going on LinkedIn, I would say don't answer. Now we've
got take from Formula one is being used in a
scheme to provide faster and more reliable Wi Fi on
British trains.
Speaker 8 (26:34):
Yeah.
Speaker 9 (26:34):
Recent research has shown that the UK has among the
worst train Wi Fi speeds among Europe and Asia's major nations,
for example, with download speeds taking roughly sixty times as
long as they would in Sweden. Now one train company,
Great Western Railway, which covers the southwest of England, is
looking to address the problem thanks to racing car technology.
(26:56):
Its joined forces with a specialist tech company that used
to be part of Formula one. Business McLaren Group, and
together they're trialing a hybrid system that allows train Wi
Fi to switch automatically between the signal from mobile phone
masts on the ground and the signal from low earth
orbit satellites in space. And The boffins behind the idea
(27:16):
say the issues in accessing the Internet on a train
have many parallels with the challenges faced in motorsport, and
they hope their trial will enable users to reliably connect
to the Internet while traveling without dropouts.
Speaker 2 (27:29):
Good South, Peter Edison, I thank you so much for
your time today. Now Cop thirty wrapped up in Brazil.
Four big takeaways or run you through them. First, the
world needs action, not promises. Leaders say it's time to
deliver on climate goals. Second, Forests front and center billions
pledged to protect the Amazon and support indigenous communities. Thirdly,
climate justice is key, Tackling inequality and building global partnerships
(27:50):
is the only way forward. And finally, and this is
the big one, and this is why I'm mentioning it.
This will affect us. Their final fourth takeaway, cutting super
per allutants like methane, the conference reckons that would slash
warming by half a degree by twenty fifty and that
would be a fast win and unfortunately, of course we
make a lot of methane. It's eleven to six Z.
(28:15):
There's a worrying new report out this morning from Business
in New Zealand. It projects a short fall of at
least two hundred and fifty thousand workers by twenty forty five,
with health and pensions absorbing one hundred percent of our
income tax. And they also reckon there's a one and
four chance of no population growth at all, and they'd
like to see a national bipartisan vision. Leanne Watson is
(28:36):
the chief executive of Business Canterbury Joints.
Speaker 7 (28:39):
Now.
Speaker 15 (28:39):
Hello Leanne, good morning Andrew.
Speaker 2 (28:41):
Not a pleasant read, but are they right?
Speaker 9 (28:45):
Oh?
Speaker 10 (28:45):
Look, I think there is a number of things in
the report that certainly requires some more robust thinking that
I think calling for too much by part of an
agreement might be a little unrealistic, particularly as we are
heading into an election year next year. What we do
need is a clear understanding of the go no go
areas from major political parties and definitely reducing that pendulum
(29:05):
swing to something more manageable for business. You know, the
business people I talk to around the country looking for
a conversation about steady, incremental progress, not a pendulum slift
shift which would potentially south go backwards.
Speaker 2 (29:18):
So that's what a national, a nation bipartisan vision would
look to you just calm down, kick to full time goals.
But the thing that gets me is the two hundred
and fifty thousand workers. I mean, we need workers, business
needs workers. Do we need to change immigration settings? You know,
what what can we do about this shortfall?
Speaker 16 (29:36):
Yeah?
Speaker 10 (29:36):
Absolutely, And look, I think you know there is definitely
air requirement here to ensure that we create some I
guess the scale and the timing of those policy settings
needs to be you know, really clearly laid out for
businesses and for migrants and salves. I mean, we will
always need international talent. We're a country at the bottom
of the world and we're a small country, so it's
(29:58):
a combination of both.
Speaker 12 (29:59):
Though we need.
Speaker 10 (30:00):
International talent, we need to provide certainly around those immigration settings,
because when you're making a decision to move, you know,
from the other side of the world to a different country,
you don't do so lightly, and so having potential for
those settings to change from one government to another is
really unsettling for both those people making those decisions, but
also for the employers who are making big investments on
(30:22):
bringing people into the country. We also need to help
with her to grow our own talent, and we need
to make sure there's a really good interface between our
education sector and industry around future workforce planning, and some
of that has happening. You know, we've got a couple
of great universities in Canterbury, canib University in particular, really
engaged with our business community to make sure that they're
(30:42):
getting those conversations going and getting the right talent coming
through our education systems.
Speaker 2 (30:47):
I'm loving your tone, though, because this comes out at
a bad time and we've had a hard year and
everyone's talking us down and you know, the confidence is low,
and then we hear this like by twenty fifty it's
going to be even worse. But you're she's saying there's
still a lot to look forward to.
Speaker 10 (31:03):
Well, absolutely, I mean I'm from Canterbury and you know
we are fortunate we are in our region and you know,
in the South Island, you know, things are actually going
reasonably well. We've got you know, really great net month
internal migration. You know, we're seeing population growth, you know,
we're seeing export growth and so I think, you know,
(31:23):
there is a lot to be positive about around our
economy in the future. Has it been challenging for the
last sort of five years, Absolutely it has. But I think,
you know, if we get these settings right, if we
create confidence, and you know, we've been doing a bit
of work in Canterbary to provide some of the answers
to make sure that we do have a long term
vision and there's a role for the private sector to
(31:45):
play that in terms of having a really strong ambition.
There is a role for local government and central government
to create the right environment for you know, businesses to
do what they do best, which is to innovate, to
invest and to grow and all of us that's actually
government getting out of lay and sometimes the right.
Speaker 2 (32:02):
Lead exactly, all of us working together, Lee and Watson
from Business to Canterbury. I thank you so much for
your time today.
Speaker 1 (32:08):
The first Word on the News of the Day early
edition with Ryan Bridge and r V Supercenter explore r
v's accessories and servicing.
Speaker 3 (32:17):
More than one news talks.
Speaker 2 (32:19):
That'd be all right, stop with the negative texts.
Speaker 5 (32:21):
Don't need that.
Speaker 2 (32:22):
I know what Business New Zealand has said but hey,
you're always got to look for good news. Aquaculture, Samford
profit up twenty two hundred and twenty four percent, and Mike,
you're talking to the Samford fellers today.
Speaker 3 (32:33):
Yeah, I am.
Speaker 15 (32:34):
He's an interesting bloke. In fact, it's a very likable guy.
He was at Scaler up until relatively recently, and Scaler
up for a good story in themselves. Of course, they're
more than just gun boots, and so he's moved into
Sandford and they had problems, so they've had so it's
a Samford story, not a fishing or aquaculture story. So
he's basically in a year since he's been there, turned
them around, paid off a lot of debt, and they've
(32:56):
got a China Bullish on China and interesting on America
as well in terms of terriff, because those are the
two main market. And muscles. See I love muscles. I
would have thought muscles if you'd ask me, I see,
I love them, But but I would have thought that
they're booming. People love Chinese love muscles full of mine,
full of proteins. Good, it's a protein story to Metallica,
(33:17):
of course, I am who doesn't who doesn't go to
Metallica when they're in town. Why is Metallica a thing
in terms of you know, it's going to be chaotic
and it's parking?
Speaker 7 (33:27):
Is it?
Speaker 15 (33:27):
I mean, why isn't I mean every constants the same,
every concident is the same. So is it going to
be exactly the same, exactly the same? Is it a
different sort of operator? Who's going?
Speaker 3 (33:38):
Is that the Yeah?
Speaker 2 (33:39):
I would say that you won't be able to see
the crowd because they're all in black T shirts.
Speaker 15 (33:43):
Are they the sort of people who park their car
on lawns? Very probably?
Speaker 2 (33:47):
Very probably?
Speaker 3 (33:48):
Are you going? Yes, I am?
Speaker 15 (33:49):
You have good time?
Speaker 2 (33:50):
It's going to be fun.
Speaker 15 (33:51):
Will honestly they.
Speaker 2 (33:53):
Get a producer. N z Laker's next, a Heavy.
Speaker 3 (34:00):
For More famili edition with Ryan Bridge.
Speaker 1 (34:02):
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