January 21, 2025 • 34 mins
On the Early Edition with Francesca Rudkin Full Show Podcast for Tuesday the 21st of January. Donald Trump has been ssworn in as President for his second term - the first non-consecutive second term since the 1800's. Election expert Sean Trende joins us from the U.S.
Water New Zealand's Chief Executive reacts to a new report which has found our water infrastructure is leaking at a very high rate.
Auckland Council is considering big changes to dog walking. What does it mean for you and professional dog walkers?
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Episode Transcript
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Speaker 1 (00:00):
What start the day informed?
Speaker 2 (00:04):
Entertained in Inspired my Head's Early edition with one Room, Make
your Property search simple, Used talks b.
Speaker 3 (00:13):
Good morning, Welcome to early Edition. I'm Francisco Budkean filling
in for Virian Bridge, who is hosting the Mike Costking
Breakfast Show this morning. Good to have you with us.
You're most welcome to contact me anytime this morning. Flip
me a text on ninety two ninety two, or you
can email me at Francesca at Newstalks atb dot co
dot MZ. On the show today, some schools might be
starting the year with a shortage of teachers. We find
(00:35):
out just how bad the situation is. Donald Trump did
not hold back on his first day as president. What
does the day too hold? We find out also this
our inflation figures are out today. We prepare ourselves for
what to expect.
Speaker 1 (00:51):
The agenda.
Speaker 3 (00:52):
It's Wednesday, that's really second of January. A fire at
a Turkish ski resort has killed sixty six people. It
started early in the morning local time, when two hundred
and thirty four people were staying in the resort. A
local official says an initial investigation shows the fire appears
to have started in the kitchen and moved up the
twelve story building. Two people died trying to jump to safety.
(01:15):
Australian Prime Minister Anthony Albanesi has called a national cabinet
meeting with all state and territory leaders following multiple anti
Semitic attacks, the latest and overnight arson attack on a
Sydney childcare center.
Speaker 4 (01:29):
This needs to come in two directions. Of course, from
the top, there are things that the police and security
agencies can do. There are things that political leaders can do.
But it also is a matter of the community as well,
saying enough is enough, this is reprehensible.
Speaker 3 (01:46):
Australian Federal police say they are looking into whether recent
attacks were paid for by overseas actors or individuals. Two
Americans held by the Taliban have been released in a
swap with two Afghan prisoners facing charges of terror and
drug trafficking in the US. The exchange was made just
before Joe Biden left office yesterday and concludes two years
(02:08):
of negotiations. Miamar's government and a rebel group in the
country's north have signed a ceasefire agreement backed by China.
The group have been taking land along my Miamar's border
with China. An earlier agreement signed a year ago was
broken by both sides.
Speaker 5 (02:24):
All that they're an ethnic Chinese armed outfit that was
formed in nineteen eighty nine, and they used to be
part of the Burma Communist Party, and they signed a
ceasefire back in and agreed to a cease fire back
in nineteen eighty nine and largely stayed out of fighting
the Central State until two thousand and nine, in which
they went back into Ope.
Speaker 2 (02:43):
And Revolt, setting the news agenda on early edition with
one roof make your Property Search Simple news dog ZBJE.
Speaker 3 (02:52):
It's been a serious start to the year, hasn't it,
And sometimes heading back into the work year can be
a bit daunting, So that's good to have a laugh, right.
Maybe that's what Toy the Bear brand that likes to
be known as the irreverent voice of the Nation was
thinking when it put up a year right billboard on
Facebook featuring former Green's MP Goldrey's government. They say what
the rest of us are thinking, and there is nothing
(03:14):
wrong with that. But for a brand that likes to
be tongue in cheek and have a bit of a
laugh with some lighthearted banter, they seem to be getting
a bit nasty with it. It was a cheap shot,
an easy target. We're a country that is pretty relaxed
about taking the mickey out of ourselves and others. But
I draw the line when it comes to kicking someone
(03:35):
when they're down, and I think that that's another care
we trait. The toy billboards are iconic and advertising and
once upon a time really quite clever. Maybe they need
to lighten up to can to hear your thoughts on
the billboard. You can text on ninety two ninety two.
You're with Early edition. It is ten pus five hard.
Speaker 2 (03:56):
Facts, if hard opinion, hard hitting talks said, be Early
edition with one room, make your property search simple, News.
Speaker 1 (04:05):
Talks b Yes.
Speaker 3 (04:06):
News Dog's AB twelve past five. There's growing concerns some
schools might not have enough teachers before schools start back
on Monday. There were three hundred and forty six full
time vacancies across the country listed on the Ministry of
Education website, but the shortage is expectant to worsen as
the year goes on. Northern Southland College Principal Pete Wilkinson
(04:28):
joins me, Now, good morning, Pete, thanks for your time.
Speaker 6 (04:31):
At Maria, Good morning, Gretesca.
Speaker 3 (04:33):
Do you know why we're facing such a shortage?
Speaker 6 (04:38):
Yeah, look at the old short effectors. There's there's plenty
going on in education space, and it's just teaching is
just not seen as as the same career are the
same as it used to be way back in the
day when we all started. We've got graduates that are
coming out that have got five better opportunities elsewhere. Yeah,
(05:02):
there's there's just it's not what it used to be
and it's a really tough gig. So some people are
voting with their feet. And I suppose we need to
do more in the space to attract to attract graduates,
to attract young people, good people into education.
Speaker 3 (05:18):
Pete, Is this across the board or mainly in rural
areas that there's a shortage.
Speaker 6 (05:22):
Well, traditionally it was harder to attract people in rural areas.
And I'm and i'm a principle of a of a
of a small school in rural Southland, and we've always
had struggles, you know, attracting people and keeping people because
of the of the rural nature and and and you know,
young people want to be in the in the bigger
in the bigger centers. But no, this is this is
a nationwide problem. Exceptionally hard to attract people into into teaching,
(05:47):
and we have vacancies that are going unfilled for for months,
if not years.
Speaker 3 (05:54):
So Pete, how are you set up? How are you
set up then for the beginning.
Speaker 6 (05:57):
Of the year. Look fluctuates from year to year and
the and the biggest concern is that there there are
people out there that are putting their hand up to teach,
but we're just not getting the quality that we used
to get. We can fill a hole, and at the moment,
you know, schools across the nation, not just rural schools,
but across the nation, we've got people who are qualified
(06:20):
to teach, but not not experts in the areas that
we require. And we're filling holes ad hoc all over
the place with people who are keen to teach and
keen to help out that that aren't aren't exactly what
we're after. My own personal example is that, I mean,
I've graduated in physical education years ago, and we know
that in He's gone by, physical education teachers are very
(06:42):
adaptable and they end up teaching in all sorts of
different subject areas. Now now that's happening everywhere. The mantra
in the education sector is if you're qualified and you're breathing,
you're hired, which which is a pretty sad state of affairs.
Speaker 3 (06:55):
So what do you do if you can't get the teachers?
Do you just have to settle?
Speaker 6 (07:01):
There is? There is? There is a lot of settling,
And there's actually a lot of people who are who
are good teachers who have retired and are relief teaching
and and we're we're calling in favors and shoulders having
these people to stay in education. That's happened many times
in my particular school, but it's happening everywhere. We've got
good people who for all intents and purposes, want to
be retired and want to be stepping back, and they
(07:22):
are continually stepping up.
Speaker 7 (07:23):
To help out.
Speaker 6 (07:24):
The flip side of that is that those same people
who we need for a relief teaching pool on for
day to day relief when you know, when teachers are
ill and that sort of thing, they're not available. So
we're filling holes and overworking our teachers, our current teaching
staff who don't get to keep their their non their
non contact payers that they're entitled to so we can
(07:44):
fill classes. We've got we've got people that are teaching
over over there, over there, allocated teaching timetable. We've got
principles that are stepping in, senior leaders that are stepping
in and teaching when when it's just absolutely not ideal.
So it's all stock geting measures.
Speaker 3 (07:57):
Yeah, it's a short term and a long term problem,
isn't it? Is there anything the government can do to help?
Speaker 6 (08:03):
Look, this is multifaceted sort of things. You know, we
need to incentivize teaching. I was just in preparation for this,
I got I got speaking with a few quite a
few staff members and a few long term staff members
that have that have retired and relief teachers, and one
said to me, when I began teaching, I earned the
same amount of money as a bank backpench MP. Now
(08:25):
there is no way that teachers in this day and
age are earning the same at the top of the scale
as a back bench MP. No, we near it. So
that's you know that the whole and money is only
part of the equation. You know, we had successive governments
that you know, we're playing Mira go arounds of all
sorts of educational things, and every three years we seem
to pivot. Overseas, other countries like Finland, they have a
(08:48):
bipartisan approach to education, so you're not constantly having to
change tech. And in this current environment, teachers are pretty
wrecked and burnt out. Hopefully not at this time of
the year because we're about to off again and get
back into it in twenty twenty.
Speaker 1 (09:03):
Five, but.
Speaker 6 (09:05):
Just yet, it's all sorts of things we have to do.
Money as part of the equation. You've got graduates coming
out from a university, let's say in the secondary space,
when they do a teaching they do a degree first
and then they can do their teaching diploma, the their
postgraduate qualification. They're not they're voting with their fact they're
going elsewhere. And it's got to be a mixture of
pay and conditions. We're just not getting those young people saying, hey,
(09:27):
I really want to go into education, and yeah, there's
all sorts of things we could do to fix it,
but a bipartisan approach ways to improve the desire for
people to want to go teach.
Speaker 3 (09:43):
Oh, Pete, best of luck, Thank you so much for
your time this morning. That was Pete Wilkinson Northern Southland
College principle. It's eighteen past five.
Speaker 2 (09:50):
All of the analysis of the nonsense. It's early edition
with one room, make your property search symbol, news dogs
there be.
Speaker 3 (10:00):
Five twenty now. Donald Trump hasn't held back. On his
first day as president. He signed twenty six executive orders
ending birthright citizenship, leaving the World Health Organization, and he
backtracked on seventy eight executive actions taken by the Biden administration.
These were among the orders. He also declared a national
order emergency, and US correspondent Nick Harper joins me, Now,
(10:23):
thanks for your time.
Speaker 7 (10:24):
Nick, good warning, Francesca.
Speaker 3 (10:27):
A busy day. What does it all mean. What's the
reaction being, Yeah, an.
Speaker 7 (10:32):
Unbelievably busy day, showing that he is hitting the ground
running and showing that he has a very clear agenda
for his second time in the White House. The reaction
from Republicans his party, as you could imagine, is one
of absolute delight. They feel that Donald Trump, the man
who can save America, is back where he belongs, back
in the White House, and is enacting a whole raft
(10:54):
of legislative agenda that they have been wanting to see
for the last four years, the four years under President
Biden that they feel has been four years of decline
for the country. On the other side of the isle,
the Democrats have been looking at this and wondering if
the country is now going to the dogs, because there
is significant concern about some of those executive actions he
(11:16):
signed yesterday. Top of the list amongst worry four Democrats
seems to be what he's doing to the rule of
law and the Justice Department overturning the convictions of one
than five hundred people who had been convicted for their
actions on January sixth, twenty twenty one when they stormed
the US capital. So it really depends on who you ask.
(11:36):
Some people love Donald Trump being back. Some are very
concerned what will happen over the next four years.
Speaker 3 (11:42):
Are we going to see similar action today his first
full day as president.
Speaker 7 (11:48):
Yeah, a little bit different. I think for this day
there is the potential for more orders to be signed,
but he's also getting into I guess, the nitty gritty
of the details today. First order of business at the moment,
attending the Special National Prayer ceremony that always takes place
the day after inauguration at that taking place in Washington,
(12:08):
DC's National Cathedral. But after that he heads to Capitol Hill,
where he'll be meeting with the top Republicans there, really
speaking about what he hopes to achieve on Capitol Hill
to try and get his legislation pushed through over the
coming months. There is also a suggestion that there will
be a big announcement later on infrastructure that's been teased
(12:30):
by his White House press sector. You will see if
that develops. But there is, of course, with Donald Trump,
the potential for anything to happen at any moment. We
could see him back in the White House signing more
orders before the end of the day.
Speaker 3 (12:41):
Do you see any of these executive orders being challenged
by the courts.
Speaker 7 (12:45):
We've already seen challenges actually on one of them, in
particular his birthright citizenship. He wants to end that if
you're born in the US, you get citizenship by law.
But already claimants have come forward saying that he has
no authority to redefine American citizenship. And there are three
lawsuits against the newly created Department of Government Efficiency. That's
(13:06):
the one being headed up by Elon musk At. That
lawsuit claim that it is violating transparency lawns. Potentially more
lawsuits to come on some of the other actions he's
announced as well on NEX.
Speaker 3 (13:18):
Thank you so much for your time this morning. That
was ourguis correspondent Nick Happer. It is twenty three past five.
Speaker 2 (13:24):
The Early Edition full show podcast on I have Radio
powered by News Talks it be.
Speaker 3 (13:30):
You're with Early Edition. It is twenty five past five.
Speaker 8 (13:32):
Right.
Speaker 3 (13:32):
There's a lot going on in the world this week,
which is a bit of an understatement, isn't it. This Friday,
the Academy of Motion Picture Arts and Sciences provide some
lighthearted relief from the world's challenges by announcing the Oscar
nominees for the twenty twenty five Academy Awards. Now the
nominees were due to be announced on January eighteen, then
January twenty, before being delayed again, giving those impacted by
(13:54):
the fires still raging in southern California more time to vote.
But as filmmakers, actors, and the masterful crafts people responsible
for making some of the best films of the year
wait patiently to see whether they will get the nomination
nod from their peers, a prickly conversation is brewing about AI,
the latest controversy in film was around the use of
(14:15):
AI and two potential nominees, The Brutalist and Amelia Peris,
which both won big at the Golden Globes. These two
OSCAR front runners are dealing with the backlash after it
was revealed they use voice cloning to enhance actors' performances.
So in The Brutalist, Adrian Brody and Felicity Jones play
Jewish Hungarians who survived the Nazi camps and escaped to
(14:37):
the US. The actors spent two months working with a
dialect coach to perfect their accents, but the filmmakers wanted
their Hungarian to sound perfect, so added individual sounds and
letters to both Brody and Jones's Hungarian language dialogue to
perfect it. This has caused quite an uproar, and The
Brutalist director Brady Corbett was forced to issue a statement
(15:00):
to Hollywood Trade Publication saying Adrian and Felicity's performance is
completely their own, who went on to say the aim
was to preserve the authenticity of Adrian and Felicity's performance
in another language, not to replace or alter them, and
done with the utmost respect for the craft. Their performances
in this film which I have seen are extraordinary. The
film is stunning, ambitious, audacious, and if a tool was
(15:24):
used to tweak their Hungarian along the way, well, Hungarians
are probably grateful with Amelia Peeras it has emerged, AI
cloning was used to enhance the singing voice of Amelia
Peire's as Carlo Sophia Garson to increase the range of
Garson's vocal register. Their singing was then blended with that
of Camille, the French pop star who co wrote the
film's score. People are upset really in the film Elvis
(15:48):
Austin Butler's voices mixed with Eldest's. Marilyn Monroe did not
hit her own high notes. Zac Efron has a ghost
singer in high school Musical films have been tricking us
for years, but suddenly, because it's AI, everyone is up
in arms about it. And it's not just correcting accents
and singing voices where AI is used. It's already embedded
(16:08):
in everything from production to writing to visual effects. Just
don't expect anyone to shout it from the rooftops. Some
say it's more of a pr problem than a tech problem,
and that it's just another tool like CGI to be
used to make better films. Obviously, there are concerns about
the prolific use of AI. No one wants to see
whole sectors of the industry replaced, such as writers or
(16:30):
graphic artists or background actors. It's often the lowest paid
on the call sheet who suffer. So it is up
to the industry to draw the line and work towards
safeguards and regulation so the industry can find a way
to use AI for good and love or hate it.
AI is going to be part of our lives in
(16:51):
ways we can already see in ways we can't imagine.
Just don't let the controversy ruin a good film for you.
Speaker 1 (17:00):
News talks'd be.
Speaker 3 (17:03):
The brutalist. I do highly recommend the film, but I
do need to warn you with three hours and thirty
five minutes long, and there is a fifteen minute interval
which is embedded in the film, so you'll get a
break to go and get a snack and go to
the loo and things. But it is absolutely stunning. So
I let it. Silly little AI tiff put you off,
going to say it, wondering if you've had to get
(17:25):
your head around AI. Was it something your industry was
worried about, or you were worried about affecting your job
or has it turned out to be a great advantage.
Ninety two ninety two is the.
Speaker 1 (17:35):
Text separating the fact from the fiction.
Speaker 2 (17:43):
It's early edition with one roof make your property search simple.
Speaker 1 (17:48):
News Talk said b.
Speaker 3 (17:52):
Last, good morning, this is early edition on news Talk ZB.
I'm franchisecobd Can filling in for Ryan, Who'll be with
you at six am. Thanks for being with us and
(18:12):
the next half hour we head to the UK and
Europe where at least sixty six people have died in
a horrific fire at a hotel at a ski resort
in Turkey, and before the end of the hour. Inflation
figures are out today and it is thought that annual
inflation is likely to have ended twenty twenty four within
the Reserve banks target between one to three percent as
domestic price precious continue to ease slowly, but economists are
(18:35):
warning about an uncertain yeary Head n Zier Principal economist
Christina Leung is going to be with us with her
thoughts on what to expect and the impact it will have.
Get into some of your feedback now, a lot of
feedback about the teachers. Please stop the constant winging by teachers.
Look up some stats. There have never been so many
teachers in New Zealand per pupil, and it's never good enough.
(18:59):
Another text says badly behave children putting people off teaching
high Fridjesca. People just cannot afford to become teachers anymore.
The cost of living has been a problem for teachers
for a long time now and Homers Texas a Morning
team saying young people don't want to go into teaching. Well,
no jobs, easy people, No jobs easy people have got
(19:20):
very high expectations and zero experience. They need to have
a look at the real world. Cheers, great show, Thank
you Hamish. Please keep the feedback coming. You can text
on ninety two ninety two.
Speaker 1 (19:33):
Z me right.
Speaker 3 (19:35):
Let's head around the country and joining us now from
Dunedin is Callum Proctor and Callum those looking for a
property and then the cargo may have to prepare to
stretch the budget.
Speaker 9 (19:45):
Yeah morning, it's right. Qv's latest house price index figures
are out and it shows that the cargol has come
out on top when it comes to average home value growth.
Prices there have grown more than any other large urban
area with values up by three point nine percent annually
to reach almost half a million dollars A one roof.
Editor Owen Vaughan says in for Cargol's affordability is responsible
(20:07):
for the situation. He says their own research shows and
for Cargols still has the greatest share of suburbs where
properties sell for less than.
Speaker 3 (20:15):
Five hundred thousand and Callum Dunedin's weather today.
Speaker 9 (20:19):
You're good fine today and twenty two sounds good.
Speaker 1 (20:21):
Thank you.
Speaker 3 (20:22):
Claire Sherwood is in christ Church. Good morning, Claire. A
historic christ Church kindergarten with ties to author Iiomarsh and
politician Craigcroft Wilson is closing down.
Speaker 8 (20:32):
That's right, Francesca. This is Richmond Kindergarten on North An Road.
It's been operating for one hundred and three years, but
we'll close its stores at the end of term one
and that's because of dwindling enrollment numbers. Kids First Kindergarten
CEO Cheryl Wilson says back in the twenties, Niomarsh and
Craycroft Wilson assisted on the Kindergartens Committee for this one.
(20:54):
She says it was a tough decision in light of
what's happened in the area, remembering this is the east
of christ Church, which is obviously been undergoing all of
that rebuilding since the quakes, but also given that historic
significance too. She does say that alternative kindergarten placements have
been offered to Tamadiki. The building as well as the
block of land will be sold.
Speaker 3 (21:15):
Thinky Claire and the weather today.
Speaker 8 (21:17):
Fine, aside from a bit of plad about this morning
northeasterlies will be fresh a bit later. The highest twenty.
Speaker 3 (21:23):
Two sounds good. Max Toll is with us now from
Wellington and it sounds like things are moving at warp
speed again in Wellington. Max another delay for the Golden
Mile project.
Speaker 10 (21:34):
Yes, for those who don't know that Golden Mile is
the very controversial council plan to pedestrianize essentially some central
Wellington streets, take cars off them, take car parks off,
the most notably Courtney Place. Our newsroom obviously very across
the latest developments of the Golden Mile. We noted that
councilors were told late last year that construction contracts would
(21:55):
be awarded in December work would begin this month. The
contract hasn't even happened. Yet this is the mayor's flagship project.
Of course she campaigned on it. We were told yesterday
she Tori Fino doesn't even have five minutes this week
to answer a few simple questions about this new delay.
We understand the construction contracts are still being negotiated, so
(22:20):
a little way off work starting. Yet in the meantime,
you've got businesses in the area fretting, no idea when
this disruptive work is going to start. Already got months
of work ahead on the parallel Wakefield Street, which is
already causing serious interruption. In the meantime, all we can
do is keep asking questions.
Speaker 3 (22:37):
Wellington's weather today, Max.
Speaker 10 (22:39):
Should be fine, Saie still he's twenty four the high central.
Speaker 3 (22:43):
Good to hear, thank you, and neither body man who
has kind of strutted SIMI danced into the studio to
join us.
Speaker 7 (22:49):
Now.
Speaker 11 (22:50):
I love how the ear corner is on and you've
got it quite cool in here.
Speaker 3 (22:53):
But you know how I started the week quite hot
because you complain and it needs to bring your patha
jacin and so day started in Monday really warm.
Speaker 11 (22:59):
Just ease you back into it the menopause, because it
was your.
Speaker 3 (23:03):
First, and then I've just called it down to suit
the South as the week's gone on.
Speaker 11 (23:10):
No, I like this, this is great, this is okay.
It'll be interesting when Ryan comes in because he will complain.
Speaker 3 (23:15):
But he doesn't do what Mike Hoskin does, who comes
in and changes the tag before I finished the show.
Speaker 11 (23:19):
Mike changes everything.
Speaker 3 (23:23):
How to do something about it? Have you got something
to talk about?
Speaker 8 (23:26):
Yes?
Speaker 3 (23:26):
I do.
Speaker 11 (23:27):
And homeowners, now would you be happy about this? Going
to face more delays? I don't think this is a
huge shock. This is in finding out the value of
their properties. So the release of the latest capital values
it's now going to be pushed back to may or
later this year. Now, this is previously being pushed back
from late last year. So it's a delay of a
delay of a delay, and the delay is due to
(23:50):
the value at general requesting amendments to ensure accuracy before
public release.
Speaker 3 (23:55):
Is the problem said about accuracy. I'll just put up
our venues and put up our rates somehow.
Speaker 7 (24:00):
You know.
Speaker 11 (24:01):
I think people will always complain about that. So the
good news, though, is it Ron whin Heat. She's from
the Auckland Council. She's a lot the council is making
every effort to have them released so they can be
used to see the rates by July. First, do you
have it?
Speaker 3 (24:13):
How's the weather out there today?
Speaker 11 (24:14):
Cloudy, few showers mainly this afternoon, still very very warm.
Twenty five is are high here in Auckland.
Speaker 3 (24:19):
Thank you so much, Neva. Next, we're off the UK
and Europe. You're with a news TXIV. It is seventeen to.
Speaker 2 (24:26):
Six International correspondence with ends and eye insurance, Peace of
mind for New Zealand business.
Speaker 3 (24:34):
It is fifteen to six. Joining me now is Gail Downey,
our UK and Europe correspondent. And Gail, just a horrible
story coming out of Turkey.
Speaker 12 (24:43):
Absolutely sixty six people are known to have died in
a fire and it's at a hotel at a ski resort,
very popular ski resort in Turkey. Two people also died
trying to jump to safety and the fire broke out
in the early hours of the morning and took twelve
hours to put out. The fire service was about an
(25:04):
hour away because of the distance from the resort to
the nearest town, and although it's only twenty five kilometers,
of course, the freezing weather conditions being a ski resort
hampered in terms of the time it takes the crews
to get there. The fire was believed to have been
started in the restaurant on the fourth floor spread to
(25:24):
the rest of the building. Footage being circulated in Turkey
shows people using linen possibly bedsheets, I guess, hanging from
windows to escape from the burning building. Four people have
been arrested, including the owner of the hotel, Gail.
Speaker 3 (25:41):
The UK Prime Minister has announced a public inquiry into
the horrible killing of three young girls at a dance class.
What's going on here?
Speaker 12 (25:51):
Yes, he actually made the announcement this morning live on
TV and radio. And what he said is the concern
that has arisen from Alex Ruder Cabana, who's eighteen years old,
who pleaded guilty yesterday to murdering the three girls and
the attempted murder of ten others, plus two terror related charges. Now,
(26:15):
the terror related charges couldn't be revealed before the case
because that might have harmed in terms of you know,
whether someone was innocent or guilty. But because he pleaded
guilty at the very last minute at the case, these
have now started to come out. He also admitted producing
the biological toxin ricin and a charge under the Terrorism
(26:40):
Act related to possessing an Al Qaeda training manual and Sirkir.
Starmer's concern is that he says the UK faces a
new threat and that terrorism has changed. He said the
threat now comes from extreme violence carried out by Lona's
misfits and young men in their bedrooms. Acts has seen
(27:00):
dangerous material online and the Home Secretary today told MP's
in the Housard Commons At Cooper said it was a
disgrace that Axel Ruder Cabana had also been able to
buy a knife from Amazon when he was just seventeen
years old, even though he had a previous conviction for violence.
Speaker 3 (27:19):
Gail, thank you so much for the updates. I appreciate that.
That was UK and Europe correspondent to Gail Downey. It
is eleven to six.
Speaker 1 (27:27):
As it be right.
Speaker 3 (27:28):
We're getting inflation figures today. Economists of forecasting it could
fall between two point one to two point three percent,
which is within the Reserve Bank's target range, ensured Ier
Deputy Chief Executive Christina Lung joins me. Now, good morning,
Christina mordnna. What's your pick.
Speaker 13 (27:46):
We for cast CPI to increase point six percent over
the final quarter of last year. Now, this will bring
in your CPI inflation to two point two percent for
the year, as you say, still within the Reserve banks
one to three percent inflation target. Then, so for the quarter,
we do expect that housing costs such as rents and
construction costs to be a key driver behind the increasing
prices out of the quarter.
Speaker 3 (28:06):
Because I was going to say, this inflation data is
for December, so what factors will be taken into account
during that period aside from those two things.
Speaker 13 (28:14):
So besides the CPI results itself, we do see a
suite of other inflation indicators. For example, we are seeing
it continue easing and inflation pressures in the New s economy.
Our latest NDAR quarter less this opinion shows some easing
and cost pressures reported by firms, while proportion of firms
raising prices in the December quarter remain low. So although
(28:36):
firms are feeling positive about a recovery and demand a head,
at the moment, demand conditions do remain weak and this
is weighing on the price and power of firms.
Speaker 3 (28:45):
So Christina, how is this going to set us up
for this year? How are you expecting inflation to track?
Speaker 13 (28:51):
So we do see a list in inflation over the
coming year, but still comfortable and within the Reserve banks
one to three percent inflation tiger band. The recent depreciation
in the New Zone dollar does post some upside rest
to inflation, given that raises the price of important goods.
So already in our MZAAR quarterly surve our Business Opinion,
(29:12):
we had retailers reporting increased cost pressures and we expect
that the low New Zealand dollar to have played a
part in this. So the impact of the low New
Zealand dollar on inflation is definitely an important development to
keep an eye on for now, though the signs are
that inflation is contained and within the Reserve banks target bands.
The Reserve Bank had indicated that late last year it's
(29:33):
intended to cut interest rates by another fifty basis point
at the February meeting, and we don't see recent development
standing in the way of that.
Speaker 3 (29:42):
You mentioned the week New Zealand dollar there. What about
higher oil prices? Could they impact inflation this year?
Speaker 13 (29:48):
Certainly? So, you do tend to see the low New
Zealand dollar that impact. The more immediate impact that comes
through in petrol prices at the pump and also crude
all price global crude all prices play, but when it
comes to what we pay for petrol here in New Zealand,
over the longer term, New Zealand dollar does have teends
to have been more lagged impact on a range of
(30:09):
other household important household goods. So you do tend to
see that comes through in the next few quarters. When
it comes to the impact of the lower New Zealand
dollar on prices on the retail front.
Speaker 3 (30:20):
You mentioned half percentage point cut to the official cash rate.
When do you sort of expect that When would you
expect that to kick in?
Speaker 13 (30:29):
So back in late last year, the Reserve Bank had
indicated that it would look to cut the oco bernarda
fifty basis point in its February meeting and then and
for the further easing to be more measured beyond that. Certainly,
when we look at what the recent to continue easing
and inflation pressures, it does suggest that recent developments are
(30:54):
on track in line with the Reserve banks full past,
so we do expect that it will follow through with
that the basis point cut in its February metum.
Speaker 3 (31:02):
Okay, cool, what is the impact do you think of
Trump's tariffs and potential tariffs.
Speaker 13 (31:08):
So there has been concern about the inflationary the potential
inflationary impact of physical policies in the US. So that
will be an influence in terms of the longer term
path of interest rates. The fact that there's already a
discussion about the potential with the inflation impact for interest
rates to be high for longer in the US. So
(31:31):
that does play a part in terms of particularly with
the impact on the New Zone dollar with interstrate differentials.
If interest rates were to stay higher for longer in
the US, then that potentially continues to put down with
pressure on the New Zone dollar, and that plays a
part in terms of the price of important goods here.
(31:51):
Certainly it could play a part in terms of the
other factors such as how those prices global prices feed
into prices here in these as well.
Speaker 3 (32:00):
A lot to keep our eye on this year.
Speaker 13 (32:02):
Christina certainly never told moment.
Speaker 3 (32:06):
Always good to talk, Thank you so much. That was
Christina Leung who is the deputy Chief Executive at n
Z I E R. And so, of course those inflation
figures will be out today. It is six to six.
You with the News TALKSTB first with.
Speaker 2 (32:25):
News first with views, it's earlier this year with one
roof make your property such simple News.
Speaker 3 (32:31):
Talks b Now, one of the first things you might
have done when you got back to work this year
is taking a look at the where all the public
holidays lie and worked out how you can get your
best bank for you back when it comes to holidays
and already booked your holidays. And Ryan and I were
just discussing the fact that we are clearly way behind
the apell here because the News Talks EP. Everyone seems
to book the yearly holidays and you and I going
(32:51):
to be here the whole year working away.
Speaker 14 (32:54):
Somebody's got to work, someone's going to zerit the business.
I'm not too worried about it. But but at some
point you'll take a break, will they?
Speaker 3 (33:01):
Oh yeah, Like I'll do Sunday session on Sunday and
then I'll take a week off, oh yeah yeah, and
then come back. And I'm not complaining, I'm just laughing
how everyone else has got really organized, very strategy people
out there who are very strategic, and then there's the
rest of us who just end up filling in. Tell
me what you got coming up on the show.
Speaker 14 (33:17):
So we're obviously going to do. I know you've spoken
to the end ziar this morning about the inflation data
that's coming out today. We're going to talk to one
of the big banks about that. We're also going to
talk about obviously the implications for interest rates. The RBNZ meeting.
They have the longest hiatus of any central bank in
the world.
Speaker 3 (33:35):
Talking about people that are strategically good at taking holidays, very.
Speaker 14 (33:38):
Good at taking holidays. It's like three months and meanwhile
New Zealand crumbles.
Speaker 3 (33:43):
That's just between meetings, that's not holidays.
Speaker 14 (33:45):
No, you're right, Yeah, I've been a little We're both mean.
You will be generous. I think I think they are
at the beach. Perhaps are at Davos actually, which is
kicking off, and we will talk about that as well.
Plus teachers shortage and the secondary principles shortage as well.
Apparently there are lots of schools without a principle going
(34:06):
back to school.
Speaker 1 (34:06):
At the moment.
Speaker 3 (34:07):
Cannot wait. Ryan Bridges with you at six am The
Fabulous Day. I'll see you tomorrow at five.
Speaker 2 (34:18):
For more from Early Edition with Ryan Bridge. Listen live
to news Talks. It be from five am weekdays or
follow the podcast on iHeartRadio,
What start the day informed?
Speaker 2 (00:04):
Entertained in Inspired my Head's Early edition with one Room, Make
your Property search simple, Used talks b.
Speaker 3 (00:13):
Good morning, Welcome to early Edition. I'm Francisco Budkean filling
in for Virian Bridge, who is hosting the Mike Costking
Breakfast Show this morning. Good to have you with us.
You're most welcome to contact me anytime this morning. Flip
me a text on ninety two ninety two, or you
can email me at Francesca at Newstalks atb dot co
dot MZ. On the show today, some schools might be
starting the year with a shortage of teachers. We find
(00:35):
out just how bad the situation is. Donald Trump did
not hold back on his first day as president. What
does the day too hold? We find out also this
our inflation figures are out today. We prepare ourselves for
what to expect.
Speaker 1 (00:51):
The agenda.
Speaker 3 (00:52):
It's Wednesday, that's really second of January. A fire at
a Turkish ski resort has killed sixty six people. It
started early in the morning local time, when two hundred
and thirty four people were staying in the resort. A
local official says an initial investigation shows the fire appears
to have started in the kitchen and moved up the
twelve story building. Two people died trying to jump to safety.
(01:15):
Australian Prime Minister Anthony Albanesi has called a national cabinet
meeting with all state and territory leaders following multiple anti
Semitic attacks, the latest and overnight arson attack on a
Sydney childcare center.
Speaker 4 (01:29):
This needs to come in two directions. Of course, from
the top, there are things that the police and security
agencies can do. There are things that political leaders can do.
But it also is a matter of the community as well,
saying enough is enough, this is reprehensible.
Speaker 3 (01:46):
Australian Federal police say they are looking into whether recent
attacks were paid for by overseas actors or individuals. Two
Americans held by the Taliban have been released in a
swap with two Afghan prisoners facing charges of terror and
drug trafficking in the US. The exchange was made just
before Joe Biden left office yesterday and concludes two years
(02:08):
of negotiations. Miamar's government and a rebel group in the
country's north have signed a ceasefire agreement backed by China.
The group have been taking land along my Miamar's border
with China. An earlier agreement signed a year ago was
broken by both sides.
Speaker 5 (02:24):
All that they're an ethnic Chinese armed outfit that was
formed in nineteen eighty nine, and they used to be
part of the Burma Communist Party, and they signed a
ceasefire back in and agreed to a cease fire back
in nineteen eighty nine and largely stayed out of fighting
the Central State until two thousand and nine, in which
they went back into Ope.
Speaker 2 (02:43):
And Revolt, setting the news agenda on early edition with
one roof make your Property Search Simple news dog ZBJE.
Speaker 3 (02:52):
It's been a serious start to the year, hasn't it,
And sometimes heading back into the work year can be
a bit daunting, So that's good to have a laugh, right.
Maybe that's what Toy the Bear brand that likes to
be known as the irreverent voice of the Nation was
thinking when it put up a year right billboard on
Facebook featuring former Green's MP Goldrey's government. They say what
the rest of us are thinking, and there is nothing
(03:14):
wrong with that. But for a brand that likes to
be tongue in cheek and have a bit of a
laugh with some lighthearted banter, they seem to be getting
a bit nasty with it. It was a cheap shot,
an easy target. We're a country that is pretty relaxed
about taking the mickey out of ourselves and others. But
I draw the line when it comes to kicking someone
(03:35):
when they're down, and I think that that's another care
we trait. The toy billboards are iconic and advertising and
once upon a time really quite clever. Maybe they need
to lighten up to can to hear your thoughts on
the billboard. You can text on ninety two ninety two.
You're with Early edition. It is ten pus five hard.
Speaker 2 (03:56):
Facts, if hard opinion, hard hitting talks said, be Early
edition with one room, make your property search simple, News.
Speaker 1 (04:05):
Talks b Yes.
Speaker 3 (04:06):
News Dog's AB twelve past five. There's growing concerns some
schools might not have enough teachers before schools start back
on Monday. There were three hundred and forty six full
time vacancies across the country listed on the Ministry of
Education website, but the shortage is expectant to worsen as
the year goes on. Northern Southland College Principal Pete Wilkinson
(04:28):
joins me, Now, good morning, Pete, thanks for your time.
Speaker 6 (04:31):
At Maria, Good morning, Gretesca.
Speaker 3 (04:33):
Do you know why we're facing such a shortage?
Speaker 6 (04:38):
Yeah, look at the old short effectors. There's there's plenty
going on in education space, and it's just teaching is
just not seen as as the same career are the
same as it used to be way back in the
day when we all started. We've got graduates that are
coming out that have got five better opportunities elsewhere. Yeah,
(05:02):
there's there's just it's not what it used to be
and it's a really tough gig. So some people are
voting with their feet. And I suppose we need to
do more in the space to attract to attract graduates,
to attract young people, good people into education.
Speaker 3 (05:18):
Pete, Is this across the board or mainly in rural
areas that there's a shortage.
Speaker 6 (05:22):
Well, traditionally it was harder to attract people in rural areas.
And I'm and i'm a principle of a of a
of a small school in rural Southland, and we've always
had struggles, you know, attracting people and keeping people because
of the of the rural nature and and and you know,
young people want to be in the in the bigger
in the bigger centers. But no, this is this is
a nationwide problem. Exceptionally hard to attract people into into teaching,
(05:47):
and we have vacancies that are going unfilled for for months,
if not years.
Speaker 3 (05:54):
So Pete, how are you set up? How are you
set up then for the beginning.
Speaker 6 (05:57):
Of the year. Look fluctuates from year to year and
the and the biggest concern is that there there are
people out there that are putting their hand up to teach,
but we're just not getting the quality that we used
to get. We can fill a hole, and at the moment,
you know, schools across the nation, not just rural schools,
but across the nation, we've got people who are qualified
(06:20):
to teach, but not not experts in the areas that
we require. And we're filling holes ad hoc all over
the place with people who are keen to teach and
keen to help out that that aren't aren't exactly what
we're after. My own personal example is that, I mean,
I've graduated in physical education years ago, and we know
that in He's gone by, physical education teachers are very
(06:42):
adaptable and they end up teaching in all sorts of
different subject areas. Now now that's happening everywhere. The mantra
in the education sector is if you're qualified and you're breathing,
you're hired, which which is a pretty sad state of affairs.
Speaker 3 (06:55):
So what do you do if you can't get the teachers?
Do you just have to settle?
Speaker 6 (07:01):
There is? There is? There is a lot of settling,
And there's actually a lot of people who are who
are good teachers who have retired and are relief teaching
and and we're we're calling in favors and shoulders having
these people to stay in education. That's happened many times
in my particular school, but it's happening everywhere. We've got
good people who for all intents and purposes, want to
be retired and want to be stepping back, and they
(07:22):
are continually stepping up.
Speaker 7 (07:23):
To help out.
Speaker 6 (07:24):
The flip side of that is that those same people
who we need for a relief teaching pool on for
day to day relief when you know, when teachers are
ill and that sort of thing, they're not available. So
we're filling holes and overworking our teachers, our current teaching
staff who don't get to keep their their non their
non contact payers that they're entitled to so we can
(07:44):
fill classes. We've got we've got people that are teaching
over over there, over there, allocated teaching timetable. We've got
principles that are stepping in, senior leaders that are stepping
in and teaching when when it's just absolutely not ideal.
So it's all stock geting measures.
Speaker 3 (07:57):
Yeah, it's a short term and a long term problem,
isn't it? Is there anything the government can do to help?
Speaker 6 (08:03):
Look, this is multifaceted sort of things. You know, we
need to incentivize teaching. I was just in preparation for this,
I got I got speaking with a few quite a
few staff members and a few long term staff members
that have that have retired and relief teachers, and one
said to me, when I began teaching, I earned the
same amount of money as a bank backpench MP. Now
(08:25):
there is no way that teachers in this day and
age are earning the same at the top of the scale
as a back bench MP. No, we near it. So
that's you know that the whole and money is only
part of the equation. You know, we had successive governments
that you know, we're playing Mira go arounds of all
sorts of educational things, and every three years we seem
to pivot. Overseas, other countries like Finland, they have a
(08:48):
bipartisan approach to education, so you're not constantly having to
change tech. And in this current environment, teachers are pretty
wrecked and burnt out. Hopefully not at this time of
the year because we're about to off again and get
back into it in twenty twenty.
Speaker 1 (09:03):
Five, but.
Speaker 6 (09:05):
Just yet, it's all sorts of things we have to do.
Money as part of the equation. You've got graduates coming
out from a university, let's say in the secondary space,
when they do a teaching they do a degree first
and then they can do their teaching diploma, the their
postgraduate qualification. They're not they're voting with their fact they're
going elsewhere. And it's got to be a mixture of
pay and conditions. We're just not getting those young people saying, hey,
(09:27):
I really want to go into education, and yeah, there's
all sorts of things we could do to fix it,
but a bipartisan approach ways to improve the desire for
people to want to go teach.
Speaker 3 (09:43):
Oh, Pete, best of luck, Thank you so much for
your time this morning. That was Pete Wilkinson Northern Southland
College principle. It's eighteen past five.
Speaker 2 (09:50):
All of the analysis of the nonsense. It's early edition
with one room, make your property search symbol, news dogs
there be.
Speaker 3 (10:00):
Five twenty now. Donald Trump hasn't held back. On his
first day as president. He signed twenty six executive orders
ending birthright citizenship, leaving the World Health Organization, and he
backtracked on seventy eight executive actions taken by the Biden administration.
These were among the orders. He also declared a national
order emergency, and US correspondent Nick Harper joins me, Now,
(10:23):
thanks for your time.
Speaker 7 (10:24):
Nick, good warning, Francesca.
Speaker 3 (10:27):
A busy day. What does it all mean. What's the
reaction being, Yeah, an.
Speaker 7 (10:32):
Unbelievably busy day, showing that he is hitting the ground
running and showing that he has a very clear agenda
for his second time in the White House. The reaction
from Republicans his party, as you could imagine, is one
of absolute delight. They feel that Donald Trump, the man
who can save America, is back where he belongs, back
in the White House, and is enacting a whole raft
(10:54):
of legislative agenda that they have been wanting to see
for the last four years, the four years under President
Biden that they feel has been four years of decline
for the country. On the other side of the isle,
the Democrats have been looking at this and wondering if
the country is now going to the dogs, because there
is significant concern about some of those executive actions he
(11:16):
signed yesterday. Top of the list amongst worry four Democrats
seems to be what he's doing to the rule of
law and the Justice Department overturning the convictions of one
than five hundred people who had been convicted for their
actions on January sixth, twenty twenty one when they stormed
the US capital. So it really depends on who you ask.
(11:36):
Some people love Donald Trump being back. Some are very
concerned what will happen over the next four years.
Speaker 3 (11:42):
Are we going to see similar action today his first
full day as president.
Speaker 7 (11:48):
Yeah, a little bit different. I think for this day
there is the potential for more orders to be signed,
but he's also getting into I guess, the nitty gritty
of the details today. First order of business at the moment,
attending the Special National Prayer ceremony that always takes place
the day after inauguration at that taking place in Washington,
(12:08):
DC's National Cathedral. But after that he heads to Capitol Hill,
where he'll be meeting with the top Republicans there, really
speaking about what he hopes to achieve on Capitol Hill
to try and get his legislation pushed through over the
coming months. There is also a suggestion that there will
be a big announcement later on infrastructure that's been teased
(12:30):
by his White House press sector. You will see if
that develops. But there is, of course, with Donald Trump,
the potential for anything to happen at any moment. We
could see him back in the White House signing more
orders before the end of the day.
Speaker 3 (12:41):
Do you see any of these executive orders being challenged
by the courts.
Speaker 7 (12:45):
We've already seen challenges actually on one of them, in
particular his birthright citizenship. He wants to end that if
you're born in the US, you get citizenship by law.
But already claimants have come forward saying that he has
no authority to redefine American citizenship. And there are three
lawsuits against the newly created Department of Government Efficiency. That's
(13:06):
the one being headed up by Elon musk At. That
lawsuit claim that it is violating transparency lawns. Potentially more
lawsuits to come on some of the other actions he's
announced as well on NEX.
Speaker 3 (13:18):
Thank you so much for your time this morning. That
was ourguis correspondent Nick Happer. It is twenty three past five.
Speaker 2 (13:24):
The Early Edition full show podcast on I have Radio
powered by News Talks it be.
Speaker 3 (13:30):
You're with Early Edition. It is twenty five past five.
Speaker 8 (13:32):
Right.
Speaker 3 (13:32):
There's a lot going on in the world this week,
which is a bit of an understatement, isn't it. This Friday,
the Academy of Motion Picture Arts and Sciences provide some
lighthearted relief from the world's challenges by announcing the Oscar
nominees for the twenty twenty five Academy Awards. Now the
nominees were due to be announced on January eighteen, then
January twenty, before being delayed again, giving those impacted by
(13:54):
the fires still raging in southern California more time to vote.
But as filmmakers, actors, and the masterful crafts people responsible
for making some of the best films of the year
wait patiently to see whether they will get the nomination
nod from their peers, a prickly conversation is brewing about AI,
the latest controversy in film was around the use of
(14:15):
AI and two potential nominees, The Brutalist and Amelia Peris,
which both won big at the Golden Globes. These two
OSCAR front runners are dealing with the backlash after it
was revealed they use voice cloning to enhance actors' performances.
So in The Brutalist, Adrian Brody and Felicity Jones play
Jewish Hungarians who survived the Nazi camps and escaped to
(14:37):
the US. The actors spent two months working with a
dialect coach to perfect their accents, but the filmmakers wanted
their Hungarian to sound perfect, so added individual sounds and
letters to both Brody and Jones's Hungarian language dialogue to
perfect it. This has caused quite an uproar, and The
Brutalist director Brady Corbett was forced to issue a statement
(15:00):
to Hollywood Trade Publication saying Adrian and Felicity's performance is
completely their own, who went on to say the aim
was to preserve the authenticity of Adrian and Felicity's performance
in another language, not to replace or alter them, and
done with the utmost respect for the craft. Their performances
in this film which I have seen are extraordinary. The
film is stunning, ambitious, audacious, and if a tool was
(15:24):
used to tweak their Hungarian along the way, well, Hungarians
are probably grateful with Amelia Peeras it has emerged, AI
cloning was used to enhance the singing voice of Amelia
Peire's as Carlo Sophia Garson to increase the range of
Garson's vocal register. Their singing was then blended with that
of Camille, the French pop star who co wrote the
film's score. People are upset really in the film Elvis
(15:48):
Austin Butler's voices mixed with Eldest's. Marilyn Monroe did not
hit her own high notes. Zac Efron has a ghost
singer in high school Musical films have been tricking us
for years, but suddenly, because it's AI, everyone is up
in arms about it. And it's not just correcting accents
and singing voices where AI is used. It's already embedded
(16:08):
in everything from production to writing to visual effects. Just
don't expect anyone to shout it from the rooftops. Some
say it's more of a pr problem than a tech problem,
and that it's just another tool like CGI to be
used to make better films. Obviously, there are concerns about
the prolific use of AI. No one wants to see
whole sectors of the industry replaced, such as writers or
(16:30):
graphic artists or background actors. It's often the lowest paid
on the call sheet who suffer. So it is up
to the industry to draw the line and work towards
safeguards and regulation so the industry can find a way
to use AI for good and love or hate it.
AI is going to be part of our lives in
(16:51):
ways we can already see in ways we can't imagine.
Just don't let the controversy ruin a good film for you.
Speaker 1 (17:00):
News talks'd be.
Speaker 3 (17:03):
The brutalist. I do highly recommend the film, but I
do need to warn you with three hours and thirty
five minutes long, and there is a fifteen minute interval
which is embedded in the film, so you'll get a
break to go and get a snack and go to
the loo and things. But it is absolutely stunning. So
I let it. Silly little AI tiff put you off,
going to say it, wondering if you've had to get
(17:25):
your head around AI. Was it something your industry was
worried about, or you were worried about affecting your job
or has it turned out to be a great advantage.
Ninety two ninety two is the.
Speaker 1 (17:35):
Text separating the fact from the fiction.
Speaker 2 (17:43):
It's early edition with one roof make your property search simple.
Speaker 1 (17:48):
News Talk said b.
Speaker 3 (17:52):
Last, good morning, this is early edition on news Talk ZB.
I'm franchisecobd Can filling in for Ryan, Who'll be with
you at six am. Thanks for being with us and
(18:12):
the next half hour we head to the UK and
Europe where at least sixty six people have died in
a horrific fire at a hotel at a ski resort
in Turkey, and before the end of the hour. Inflation
figures are out today and it is thought that annual
inflation is likely to have ended twenty twenty four within
the Reserve banks target between one to three percent as
domestic price precious continue to ease slowly, but economists are
(18:35):
warning about an uncertain yeary Head n Zier Principal economist
Christina Leung is going to be with us with her
thoughts on what to expect and the impact it will have.
Get into some of your feedback now, a lot of
feedback about the teachers. Please stop the constant winging by teachers.
Look up some stats. There have never been so many
teachers in New Zealand per pupil, and it's never good enough.
(18:59):
Another text says badly behave children putting people off teaching
high Fridjesca. People just cannot afford to become teachers anymore.
The cost of living has been a problem for teachers
for a long time now and Homers Texas a Morning
team saying young people don't want to go into teaching. Well,
no jobs, easy people, No jobs easy people have got
(19:20):
very high expectations and zero experience. They need to have
a look at the real world. Cheers, great show, Thank
you Hamish. Please keep the feedback coming. You can text
on ninety two ninety two.
Speaker 1 (19:33):
Z me right.
Speaker 3 (19:35):
Let's head around the country and joining us now from
Dunedin is Callum Proctor and Callum those looking for a
property and then the cargo may have to prepare to
stretch the budget.
Speaker 9 (19:45):
Yeah morning, it's right. Qv's latest house price index figures
are out and it shows that the cargol has come
out on top when it comes to average home value growth.
Prices there have grown more than any other large urban
area with values up by three point nine percent annually
to reach almost half a million dollars A one roof.
Editor Owen Vaughan says in for Cargol's affordability is responsible
(20:07):
for the situation. He says their own research shows and
for Cargols still has the greatest share of suburbs where
properties sell for less than.
Speaker 3 (20:15):
Five hundred thousand and Callum Dunedin's weather today.
Speaker 9 (20:19):
You're good fine today and twenty two sounds good.
Speaker 1 (20:21):
Thank you.
Speaker 3 (20:22):
Claire Sherwood is in christ Church. Good morning, Claire. A
historic christ Church kindergarten with ties to author Iiomarsh and
politician Craigcroft Wilson is closing down.
Speaker 8 (20:32):
That's right, Francesca. This is Richmond Kindergarten on North An Road.
It's been operating for one hundred and three years, but
we'll close its stores at the end of term one
and that's because of dwindling enrollment numbers. Kids First Kindergarten
CEO Cheryl Wilson says back in the twenties, Niomarsh and
Craycroft Wilson assisted on the Kindergartens Committee for this one.
(20:54):
She says it was a tough decision in light of
what's happened in the area, remembering this is the east
of christ Church, which is obviously been undergoing all of
that rebuilding since the quakes, but also given that historic
significance too. She does say that alternative kindergarten placements have
been offered to Tamadiki. The building as well as the
block of land will be sold.
Speaker 3 (21:15):
Thinky Claire and the weather today.
Speaker 8 (21:17):
Fine, aside from a bit of plad about this morning
northeasterlies will be fresh a bit later. The highest twenty.
Speaker 3 (21:23):
Two sounds good. Max Toll is with us now from
Wellington and it sounds like things are moving at warp
speed again in Wellington. Max another delay for the Golden
Mile project.
Speaker 10 (21:34):
Yes, for those who don't know that Golden Mile is
the very controversial council plan to pedestrianize essentially some central
Wellington streets, take cars off them, take car parks off,
the most notably Courtney Place. Our newsroom obviously very across
the latest developments of the Golden Mile. We noted that
councilors were told late last year that construction contracts would
(21:55):
be awarded in December work would begin this month. The
contract hasn't even happened. Yet this is the mayor's flagship project.
Of course she campaigned on it. We were told yesterday
she Tori Fino doesn't even have five minutes this week
to answer a few simple questions about this new delay.
We understand the construction contracts are still being negotiated, so
(22:20):
a little way off work starting. Yet in the meantime,
you've got businesses in the area fretting, no idea when
this disruptive work is going to start. Already got months
of work ahead on the parallel Wakefield Street, which is
already causing serious interruption. In the meantime, all we can
do is keep asking questions.
Speaker 3 (22:37):
Wellington's weather today, Max.
Speaker 10 (22:39):
Should be fine, Saie still he's twenty four the high central.
Speaker 3 (22:43):
Good to hear, thank you, and neither body man who
has kind of strutted SIMI danced into the studio to
join us.
Speaker 7 (22:49):
Now.
Speaker 11 (22:50):
I love how the ear corner is on and you've
got it quite cool in here.
Speaker 3 (22:53):
But you know how I started the week quite hot
because you complain and it needs to bring your patha
jacin and so day started in Monday really warm.
Speaker 11 (22:59):
Just ease you back into it the menopause, because it
was your.
Speaker 3 (23:03):
First, and then I've just called it down to suit
the South as the week's gone on.
Speaker 11 (23:10):
No, I like this, this is great, this is okay.
It'll be interesting when Ryan comes in because he will complain.
Speaker 3 (23:15):
But he doesn't do what Mike Hoskin does, who comes
in and changes the tag before I finished the show.
Speaker 11 (23:19):
Mike changes everything.
Speaker 3 (23:23):
How to do something about it? Have you got something
to talk about?
Speaker 8 (23:26):
Yes?
Speaker 3 (23:26):
I do.
Speaker 11 (23:27):
And homeowners, now would you be happy about this? Going
to face more delays? I don't think this is a
huge shock. This is in finding out the value of
their properties. So the release of the latest capital values
it's now going to be pushed back to may or
later this year. Now, this is previously being pushed back
from late last year. So it's a delay of a
delay of a delay, and the delay is due to
(23:50):
the value at general requesting amendments to ensure accuracy before
public release.
Speaker 3 (23:55):
Is the problem said about accuracy. I'll just put up
our venues and put up our rates somehow.
Speaker 7 (24:00):
You know.
Speaker 11 (24:01):
I think people will always complain about that. So the
good news, though, is it Ron whin Heat. She's from
the Auckland Council. She's a lot the council is making
every effort to have them released so they can be
used to see the rates by July. First, do you
have it?
Speaker 3 (24:13):
How's the weather out there today?
Speaker 11 (24:14):
Cloudy, few showers mainly this afternoon, still very very warm.
Twenty five is are high here in Auckland.
Speaker 3 (24:19):
Thank you so much, Neva. Next, we're off the UK
and Europe. You're with a news TXIV. It is seventeen to.
Speaker 2 (24:26):
Six International correspondence with ends and eye insurance, Peace of
mind for New Zealand business.
Speaker 3 (24:34):
It is fifteen to six. Joining me now is Gail Downey,
our UK and Europe correspondent. And Gail, just a horrible
story coming out of Turkey.
Speaker 12 (24:43):
Absolutely sixty six people are known to have died in
a fire and it's at a hotel at a ski resort,
very popular ski resort in Turkey. Two people also died
trying to jump to safety and the fire broke out
in the early hours of the morning and took twelve
hours to put out. The fire service was about an
(25:04):
hour away because of the distance from the resort to
the nearest town, and although it's only twenty five kilometers,
of course, the freezing weather conditions being a ski resort
hampered in terms of the time it takes the crews
to get there. The fire was believed to have been
started in the restaurant on the fourth floor spread to
(25:24):
the rest of the building. Footage being circulated in Turkey
shows people using linen possibly bedsheets, I guess, hanging from
windows to escape from the burning building. Four people have
been arrested, including the owner of the hotel, Gail.
Speaker 3 (25:41):
The UK Prime Minister has announced a public inquiry into
the horrible killing of three young girls at a dance class.
What's going on here?
Speaker 12 (25:51):
Yes, he actually made the announcement this morning live on
TV and radio. And what he said is the concern
that has arisen from Alex Ruder Cabana, who's eighteen years old,
who pleaded guilty yesterday to murdering the three girls and
the attempted murder of ten others, plus two terror related charges. Now,
(26:15):
the terror related charges couldn't be revealed before the case
because that might have harmed in terms of you know,
whether someone was innocent or guilty. But because he pleaded
guilty at the very last minute at the case, these
have now started to come out. He also admitted producing
the biological toxin ricin and a charge under the Terrorism
(26:40):
Act related to possessing an Al Qaeda training manual and Sirkir.
Starmer's concern is that he says the UK faces a
new threat and that terrorism has changed. He said the
threat now comes from extreme violence carried out by Lona's
misfits and young men in their bedrooms. Acts has seen
(27:00):
dangerous material online and the Home Secretary today told MP's
in the Housard Commons At Cooper said it was a
disgrace that Axel Ruder Cabana had also been able to
buy a knife from Amazon when he was just seventeen
years old, even though he had a previous conviction for violence.
Speaker 3 (27:19):
Gail, thank you so much for the updates. I appreciate that.
That was UK and Europe correspondent to Gail Downey. It
is eleven to six.
Speaker 1 (27:27):
As it be right.
Speaker 3 (27:28):
We're getting inflation figures today. Economists of forecasting it could
fall between two point one to two point three percent,
which is within the Reserve Bank's target range, ensured Ier
Deputy Chief Executive Christina Lung joins me. Now, good morning,
Christina mordnna. What's your pick.
Speaker 13 (27:46):
We for cast CPI to increase point six percent over
the final quarter of last year. Now, this will bring
in your CPI inflation to two point two percent for
the year, as you say, still within the Reserve banks
one to three percent inflation target. Then, so for the quarter,
we do expect that housing costs such as rents and
construction costs to be a key driver behind the increasing
prices out of the quarter.
Speaker 3 (28:06):
Because I was going to say, this inflation data is
for December, so what factors will be taken into account
during that period aside from those two things.
Speaker 13 (28:14):
So besides the CPI results itself, we do see a
suite of other inflation indicators. For example, we are seeing
it continue easing and inflation pressures in the New s economy.
Our latest NDAR quarter less this opinion shows some easing
and cost pressures reported by firms, while proportion of firms
raising prices in the December quarter remain low. So although
(28:36):
firms are feeling positive about a recovery and demand a head,
at the moment, demand conditions do remain weak and this
is weighing on the price and power of firms.
Speaker 3 (28:45):
So Christina, how is this going to set us up
for this year? How are you expecting inflation to track?
Speaker 13 (28:51):
So we do see a list in inflation over the
coming year, but still comfortable and within the Reserve banks
one to three percent inflation tiger band. The recent depreciation
in the New Zone dollar does post some upside rest
to inflation, given that raises the price of important goods.
So already in our MZAAR quarterly surve our Business Opinion,
(29:12):
we had retailers reporting increased cost pressures and we expect
that the low New Zealand dollar to have played a
part in this. So the impact of the low New
Zealand dollar on inflation is definitely an important development to
keep an eye on for now, though the signs are
that inflation is contained and within the Reserve banks target bands.
The Reserve Bank had indicated that late last year it's
(29:33):
intended to cut interest rates by another fifty basis point
at the February meeting, and we don't see recent development
standing in the way of that.
Speaker 3 (29:42):
You mentioned the week New Zealand dollar there. What about
higher oil prices? Could they impact inflation this year?
Speaker 13 (29:48):
Certainly? So, you do tend to see the low New
Zealand dollar that impact. The more immediate impact that comes
through in petrol prices at the pump and also crude
all price global crude all prices play, but when it
comes to what we pay for petrol here in New Zealand,
over the longer term, New Zealand dollar does have teends
to have been more lagged impact on a range of
(30:09):
other household important household goods. So you do tend to
see that comes through in the next few quarters. When
it comes to the impact of the lower New Zealand
dollar on prices on the retail front.
Speaker 3 (30:20):
You mentioned half percentage point cut to the official cash rate.
When do you sort of expect that When would you
expect that to kick in?
Speaker 13 (30:29):
So back in late last year, the Reserve Bank had
indicated that it would look to cut the oco bernarda
fifty basis point in its February meeting and then and
for the further easing to be more measured beyond that. Certainly,
when we look at what the recent to continue easing
and inflation pressures, it does suggest that recent developments are
(30:54):
on track in line with the Reserve banks full past,
so we do expect that it will follow through with
that the basis point cut in its February metum.
Speaker 3 (31:02):
Okay, cool, what is the impact do you think of
Trump's tariffs and potential tariffs.
Speaker 13 (31:08):
So there has been concern about the inflationary the potential
inflationary impact of physical policies in the US. So that
will be an influence in terms of the longer term
path of interest rates. The fact that there's already a
discussion about the potential with the inflation impact for interest
rates to be high for longer in the US. So
(31:31):
that does play a part in terms of particularly with
the impact on the New Zone dollar with interstrate differentials.
If interest rates were to stay higher for longer in
the US, then that potentially continues to put down with
pressure on the New Zone dollar, and that plays a
part in terms of the price of important goods here.
(31:51):
Certainly it could play a part in terms of the
other factors such as how those prices global prices feed
into prices here in these as well.
Speaker 3 (32:00):
A lot to keep our eye on this year.
Speaker 13 (32:02):
Christina certainly never told moment.
Speaker 3 (32:06):
Always good to talk, Thank you so much. That was
Christina Leung who is the deputy Chief Executive at n
Z I E R. And so, of course those inflation
figures will be out today. It is six to six.
You with the News TALKSTB first with.
Speaker 2 (32:25):
News first with views, it's earlier this year with one
roof make your property such simple News.
Speaker 3 (32:31):
Talks b Now, one of the first things you might
have done when you got back to work this year
is taking a look at the where all the public
holidays lie and worked out how you can get your
best bank for you back when it comes to holidays
and already booked your holidays. And Ryan and I were
just discussing the fact that we are clearly way behind
the apell here because the News Talks EP. Everyone seems
to book the yearly holidays and you and I going
(32:51):
to be here the whole year working away.
Speaker 14 (32:54):
Somebody's got to work, someone's going to zerit the business.
I'm not too worried about it. But but at some
point you'll take a break, will they?
Speaker 3 (33:01):
Oh yeah, Like I'll do Sunday session on Sunday and
then I'll take a week off, oh yeah yeah, and
then come back. And I'm not complaining, I'm just laughing
how everyone else has got really organized, very strategy people
out there who are very strategic, and then there's the
rest of us who just end up filling in. Tell
me what you got coming up on the show.
Speaker 14 (33:17):
So we're obviously going to do. I know you've spoken
to the end ziar this morning about the inflation data
that's coming out today. We're going to talk to one
of the big banks about that. We're also going to
talk about obviously the implications for interest rates. The RBNZ meeting.
They have the longest hiatus of any central bank in
the world.
Speaker 3 (33:35):
Talking about people that are strategically good at taking holidays, very.
Speaker 14 (33:38):
Good at taking holidays. It's like three months and meanwhile
New Zealand crumbles.
Speaker 3 (33:43):
That's just between meetings, that's not holidays.
Speaker 14 (33:45):
No, you're right, Yeah, I've been a little We're both mean.
You will be generous. I think I think they are
at the beach. Perhaps are at Davos actually, which is
kicking off, and we will talk about that as well.
Plus teachers shortage and the secondary principles shortage as well.
Apparently there are lots of schools without a principle going
(34:06):
back to school.
Speaker 1 (34:06):
At the moment.
Speaker 3 (34:07):
Cannot wait. Ryan Bridges with you at six am The
Fabulous Day. I'll see you tomorrow at five.
Speaker 2 (34:18):
For more from Early Edition with Ryan Bridge. Listen live
to news Talks. It be from five am weekdays or
follow the podcast on iHeartRadio,
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