June 23, 2025 • 34 mins
On the Early Edition with Ryan Bridge Full Show Podcast Tuesday 24th of June 2025, the golden Visa scheme has taken off former Labour cabinet minister Stuart Nash shares his thoughts.
Newstalk ZB Sports reporter Nick Bewley provides analysis on the new All Blacks squad.
AA Principal Policy Advisor Terry Collins shares his thoughts on fears petrol prices could increase by 30c a litre as Iran's leadership considers whether to block vessels from sailing through the strait of Hormuz.
Plus Middle East Correspondent Alistair Bunkall has the latest on Iran launching missiles at US airbases in Qatar and Iraq.
Get the Early Edition Full Show Podcast every weekday on iHeartRadio, or wherever you get your podcasts.
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Speaker 1 (00:01):
The issues, the interviews and the insight. Ryan Bridge on
an early edition with ex pole insulation, keeping Kiwi Holmes
warm and try this winter News Talks.
Speaker 2 (00:11):
That'd be Good Morning It at six after five year
on News Talks. A b as we go to air,
Iran is attacking Iraq and Qatar US air bases. We'll
keep you up to date with that situation. It's happening
as we speak, apparently the one over Doha, because there
are explosions being heard in Doha right now. That has
been emptied evacuated by the Americans ahead of time, so
(00:33):
we'll keep you up to date with whatever happens there.
Plus we'll get to Stuart Nash, the former Labor Cabinet minister,
on the Golden visas which are pulling in the numbers
in terms of applications. We'll find out exactly how much
money they're going to bring with them. Nick Brewley is
with us, this is News Talks. He'd be sports journalist
on the thirty five man All Black squad that's been
(00:53):
named to face France. And we'll look at the price
of oil as well. Pretty holding up pretty well, actually
not going through the roof, not going through the floor.
Actually pretty stable the price of oil, all things considered.
In the Middle East. We'll get to that shortly with
Terry Collins from AA seven after five.
Speaker 1 (01:12):
The agenda so.
Speaker 2 (01:15):
Just gone a pm local time. In Kafa. Explosions are
being heard and alert has been issued for US air
bases in Iraq. But as I said, explosions heard and
cuta the capital, Dohat, world's busiest airport, closed the airspace
above it closed three hundred and sixty flights per day there.
They reckon the explosions at this stage could be air
(01:35):
defense systems. We will keep you up to date with
what's going on there. Trump meanwhile, talked about regime change yesterday.
But don't worry. Caroline Levitt's come out. She's been wheeled
out to rain this in. But if they refuse to
engage in diplomacy moving forward, why shouldn't the Iranian people
rise up against this brutal terrorist regime. That's a question
(01:56):
the President raised last night.
Speaker 3 (01:57):
But as far as our military pasture, it hasn't changed.
Speaker 2 (02:00):
Meanwhile, world ladies have been arriving in the Hague for
this year's NATO summit. NATO's Secretary General Mark Rutter spoke
to media ahead of the summit.
Speaker 3 (02:08):
If you're committed to defending every inch of Allied territory,
should any potential adversary make the mistake of attacking any
ally based on those plans, Allies have agreed and ambitious
new set of capability targets, the specific practical requirements that
(02:28):
ensures that we can implement our any sense plants.
Speaker 2 (02:32):
Luck and wrapping up in Belgium, heading to NATO in
the Hague. Still not criticizing or supporting the US attacks
on Iran. We do not want to see a nuclear
armed Iran.
Speaker 4 (02:42):
What will solve the problems.
Speaker 2 (02:43):
As a political solution that.
Speaker 4 (02:44):
Requires it a dialogue and diplomacy.
Speaker 1 (02:48):
Ryan Bridge on earlier edition with expole insulation keeping Kiwi
Holmes warm and dry.
Speaker 2 (02:54):
This winter news talks, ab news talks it be. It's
just gone nine minutes half to five. So budget twenty
twenty five we had one point three seven billion dollars
for GPS. That's from the health budget. One point three
seven billion dollars was what they allocated, and yesterday the
minister reached an agreement with the GPS. Because this is
you know, the problems that people have you most often
(03:16):
hear about is I can't get into a GP, like
I can't even get on the role for to see
a doctor, or once I get on the roll, I'm
having to wait three weeks or a month, by which
time I'm well again, the whole thing's pointless. So they've
increased the funding, and it'd be interesting to hear from
GPS today what their response to this is. But the
(03:37):
numbers have come out this morning new agreements signed with
GPS yesterday. Thirteen point eight nine percent increased this year.
That's an extra one hundred and seventy five million dollars
for GPS. In theory should cut the weight times in theory,
should allow more enrollments, but will it Is it enough
to patch up the cracks? Five million dollars for this
(03:57):
is interesting for minor procedures, so that because they're to
take the pressure off hospitals, right, so one of the
things they're going to do is give some more money
for minor procedures, like if you've got a skin legion
or a you know, some sort of iron infusion that
would otherwise need to be done by a hospital will
potentially be able to be done by a GP. So
(04:17):
that should speed for the wake times up as well,
they reckon. We'll hear from them today on that. I'm
sure if you're just joining us right now, Iran is
This is, according to Iran's one of their state news agencies,
launching what they're calling the Annunciation of Victory operation in
Iraq and Cussa, and they are targeting US military bases
(04:42):
or US lead military bases. They are firing on these.
Doha's airspace has been closed. Kutars air defenses have intercepted
attacks on a US base there. Now, we had heard
from the Americans over the last couple of days warning
to their citizens and cuting are quite specifically. And then
(05:03):
we heard from Lamming over in the UK are warning
to UK citizens in the last couple of hours that
they should be aware of their safety as well and
basically shelter in place. Now, this is interesting because Doha
is the world's home to the world's busiest airport, one
of the busiest in the world, three hundred and sixty
flights a day, so that is currently closed and the
(05:25):
ten thousand troops or defense full staff they reckon that
normally would be at this base. Apparently everyone's been evacuated
ahead of time because the Americans kind of saw this coming,
so we'll keep you up to date with that. Next
we talk the price of oil. Eleven after five News
Talk said B.
Speaker 1 (05:43):
The first word on the News of the Day early
edition with Ryan Bridge and x fol Insulation keeping Kiwi
homes warm and dry this winter.
Speaker 2 (05:52):
News Talk Sat B. You're just joining news Talk sead
B fourteen minutes after five KATARS reporting that there have
been no deaths or injuries after Iran attacked a US
airbase in Doha. The espace there is currently closed. We'll
cross through our Middle East correspondence at about quarter to
six this morning for the latest on that. Meanwhile, Luxeon's
over in I mentioned earlier. He's over in the Hague,
(06:15):
heading to the Hague from Brussels. This is for the
NATO summer and everyone is hoping well. He was hoping
that Trump would have a meeting. Apparently wanted to meet
with the IP four, which is US in the South
Koreans and the Japanese and the Australians, the sort of
partners of NATO in the Indo Pacific. But in the
last twenty four hours the Japanese prime ministers pulled out.
(06:38):
He's not going, and also Anthony Albanize is not going.
He's sending his deputy and defense minister. So that doesn't
bode well for a meeting with Trump, because if Trump
was going to be meeting with you, then you'd probably
find that those two leaders would be going. Ryan Breed,
quarter past five, price of oil hasn't gone through the roof,
despite what's happening in the Middle East. Brent crude oil
is actually down four percent of the day to seventy
(07:01):
dollars seventy cents a barrel. This is US and there
are a couple of reasons for this. We'll get to
those in a second. Terry Collins, the principal AA advisor
with US Petrol Expert Oil expert, on the program, Terry,
good morning, Good morning on Yeah, were you surprised to
see or did the markets just price in trouble in
the Middle East?
Speaker 4 (07:23):
You're right initially what they did when their text were
launch as they just twicted the risk. Everybody now was
just sitting back and seeing how the Uranians retaliate to
the US strikes. They've talked well threatened to shut straight
up the moors, and that could take a variety of forms,
everything from the stopping some targeted ships of certain nationalities,
(07:44):
to putting minds down to directly attacking shipping, and each
of those would have an impact on the twice of oil.
Speaker 2 (07:51):
Interesting that the markets are only betting on a twenty
five to thirty percent chance of that actually happening because
they've threatened to do this before and nothing came of it.
Speaker 4 (07:59):
Right, Yeah, I think what everybody's sitting back and looking
is the Uranians know that they can't go full on
with the US and its neighbors, so they've got to
save face. They've got to do some form of recaliation.
Let's say to the world that we will defend ourselves
and if you strike us, we will strike back. But
I think they're scared about going too far because of
(08:20):
the consequences of that.
Speaker 2 (08:22):
Also, the other thing about the Strait that I was
running about yesterday, part of it is actually in Oman's waters,
with vessels actually able to go in their waters to
get through. So can they actually completely block it off?
Speaker 4 (08:37):
Well, the straight that its scenarios is about thirty three
kilometers wide, and for the cook straight of that scenarios
is about twenty two. But they've got these shipping rains
about three kilometers wide. In both directions. One of them
will be in the Omar side, that's in one direction.
Practicalities of it, if they're going to start shooting each
other will laying minds. They'll just do it discruminent where
(08:59):
they has drop them. So what that happens is the
shipping companies, because of the insurance issues, won't want to
take the ships in there. They'll do that voluntary. I'll
think the risk of being struck by a mine the
environment will clean up is too significant, and that's how
they will slow down.
Speaker 5 (09:14):
The supply of will all right.
Speaker 2 (09:15):
And these to talk of potentially doubling the price of
oil per barrel overblown.
Speaker 4 (09:22):
Overblown, and probably if it did happen, it would be
a short term spike. What we saw after the Russian
evasion of Ukraine is the world did spike around the
one twenty one to thirty, but then as alternative roots
of oil going back onto the market were established, those
prices drop down. We've seen from a number of these
geopolitical events that there's an immediate short term spike and
(09:44):
then the court of markets settled down as alternative arrangements
are made for delivering oil to the market.
Speaker 2 (09:49):
Terry appreciate your time this morning. Terry Collins from AA.
It is eighteen minutes after five. You're on News Talk CBB.
So the market pretty resilient to what's going on over
in the Middle Ag despite the fact that missiles are
still flying into new locations as well in Kuta and
Iraq from Iran. You're on News Talks hebe coming up next.
(10:10):
It's the All Blacks, the squad naming who's and who's out,
and there is some controversy about who's out. We'll get
to that next.
Speaker 1 (10:17):
Get ahead of the headlines on early edition with Ryan
Bridge and x fol Insulation keeping Kiwi Holmes warm and
dry this winter.
Speaker 2 (10:26):
News Talks b You're on News Talks HEB is twenty
minutes after five. If you're just joining US, Iran is
right now attacking US bases in Kata and Iraq. We've
got a correspondent out of the Middle East just before
quarter to six this morning. We will get an update then,
plus you'll have more on the news at five point thirty.
But just so that you're aware, the airspace above Kut
above Doha, I should say, and Kuta has been closed. However,
(10:50):
no deaths have been reported thus far no injuries and
that air base, that US air base was evacuated ahead
of time. Somebody's just texted to say, I Reckon are
quite performative from aram these attacks and at this stage
you'd have to say that though obviously they're still ongoing,
so damage assessment still some time off. Twenty one minutes
half to five. All Blacks coach Scott Robertson has unveiled
(11:12):
as thirty five band squad to face France and next
month's three test series, including five new faces. Nick Beuley
is News Talks a big sports journalist and is with
me now, Nick, good morning.
Speaker 6 (11:22):
Wanning's here Ryan.
Speaker 2 (11:23):
Big surprises for you, probably just.
Speaker 6 (11:26):
The one, and that would be Chief Sooker Brody McAllister,
who was down my way in Crusaders Country up until
last year, was behind the likes of Cody Taylor, who's
in this all Black squad and was told, you know,
you might want to go try and get some game
time outs where established yourself went to the chiefs and
by all accounts you know from the All Black sports
coach Jason Ryan and the All Blacks coach Scott Robertson
(11:48):
really made every post a winner and he wasn't on
many predicted squads before midday yesterday, so he's the genuine bolter.
The other new names, the likes of Duplassy Kadifi from
the Hurricanes to Mafi Tavatavanawai and Fabian Holland from the
Highlanders and Olie Norris from the Chiefs are probably pretty forecast.
But yeah, Brady mcallus to the big surprise.
Speaker 2 (12:08):
Yeah, and on do please? Could he the nearly a
decade in Super Rugby and NPC? This is quite long
overdue for him, isn't it.
Speaker 6 (12:16):
Yeah, he's really toiled away and had an opportunity to
go overseas and make a fair bit of money in Japan,
but I felt that there was unfinished business for him.
And yeah, he's a real success story of if you
persist and apply the what's been passed on. I suppose
in terms of the feedback that the all backs coaches
(12:36):
are after, you can make it. So I was really
pleased to see deeplessly kriefy. These offers a point of difference.
He's right up there in Super Rugby this season right
in terms of the top players in terms of turnovers,
has work in and around the ball, over the breakdown
is second to none. So yeah, I'd like to see
him really get a real good opportunity against France and
the formidable loose forward trail likes of Ardi sav and
(12:57):
Wallace a Ted as well.
Speaker 2 (12:58):
It's reading Gregor Paul's take on this this morning in
the Herald. What has the reaction been like from fans,
you know, from the pundits, what are they praying?
Speaker 5 (13:07):
Well?
Speaker 6 (13:08):
Look Ryan down here in Crusader's country, there's a few
people that feel a little bit aggrieved because Ethan Blackadder
was probably one of our best in the Super Rugby
Final against the Chiefs on Saturday and had a really
good back end of the season. He wasn't there. He's
been an All Black in the past. I think he
can consider himself one of the unlucky ones. David harvillly
as well, the Crusaders captain not getting a nod there
(13:30):
in the midfield. But look at the same time, it's
a very good squad and it should be tough to
pick an All Blacks team, you know, to whistle it
down to thirty three now, the challenge for Scott Robinson
is to get it to twenty three for a match day.
So look, I think on the whole it's a very
good team and one that should really push and really
it should beat Friends France.
Speaker 2 (13:52):
Well that would be the goal, wouldn't it. Nick appreciate that.
Of course, there's really News Tooks. He'd be sports reporter
with us this morning on the Squad Yesterday twenty four
minutes after five and you're on News TALKSB. Coming up next,
the numbers. We've had a couple of numbers on an
investment from the government over the last few days. One
is on the investment Visa, you know, the Golden Visa
(14:14):
where we get the rich Americans to come over here.
But also yesterday we had one from David Seymour. We
have more on both of those next the.
Speaker 1 (14:21):
Early edition full the Show podcast on IHARM Radio powered
by News TALKSB.
Speaker 2 (14:28):
News Talks THEIRB is twenty six minutes after five. A
couple of investment related revelations from the government this week
prove a couple of basic points about business. One you've
got to sell something that people want, and two you've
got to do it at a competitive price. Take the
Golden Visa numbers. The government's crowing about. This is changes
(14:48):
netting results. This is where we give residency to wealthy
foreigners and they're basically got to buy their way in.
In the three months since the government changed the rules,
we've had six hundred people apply via two hundred applications.
The old category had one hundred and sixteen applications in
two and a half years, so we've nearly doubled the
(15:10):
number in three months. So clearly loosening the rules, allowing
property and bonds to be included as investments and lowering
the amount required has given this visa the rocket up
the JAXI that it needed half the applicants that are American.
So you've got a bunch of wealthy American families fed
up with trumpour on the hunt for a new bolt
hole whatever, and suddenly our requirements are at least as
(15:34):
competitive or more competitive to similar options, and hula, you
get some wins. That's potentially eight hundred and forty five
million dollars of investment for New Zealand. But what they're
essentially buying is our lifestyle. They want a beautiful, safe
place at the bottom of the world to call home
or home away from home. The numbers Seamol revealed in
(15:56):
his press conference yesterday on overseas investment show that while
we've made that process more attractive for people, more competitive,
you've still got to have something worth selling at the
end of the day, which in this case is an
attractive investment. You can make it as easy and hassle
free to invest here as you want, but if the
opportunities aren't here, if the potential for wins aren't here,
(16:20):
the investment won't follow. Overseas investment decisions are now being
made twice as fast thanks to Seymour's intervention, but the
number of applications has gone down in the last year.
Why because the property market's gone capot Which is not
to say the process shouldn't have been simplified, but it
just goes to show if you want investment, you've got
(16:42):
to have something attractive on offer, and right now, the lifestyle,
the key we lifestyle is what we've got going for us.
Ray eight minutes after five you're on News Talks EB
and if you're just joining us, there's a bit of
breaking news out of the Middle East. Iran is responding
to the United States attack on its nuclear weapons facilities.
(17:06):
They have done this by attacking military bases. US military
bases in Kuta and in Iraq. So far, we haven't
had any reports of casualties. The Qatari Foreign Minister is
condemning Iran entering its airspace. Airspace over Doha has been closed.
(17:26):
We've got a Middle East correspondent coming your way after
News News Talk said be.
Speaker 1 (17:47):
On your radio and online on iHeartRadio early edition with
Ryan Bridge and ex fol Insulation keeping Kiwi Holmes warm
and dry. This winter News Talks at b.
Speaker 5 (18:05):
Good Burning.
Speaker 2 (18:06):
It is twenty four minutes away from six year on
News Talks V. We'll get to our reporters around the
country shortly. We're going to get to the former Cabinet
Minister Stuart Nash, who's now running a sort of an
advisory for people wanting to come to New Zealand on
the Golden visa numbers we had yesterday. And if you're
just joining us, the Run is heading back trying to
hit back at the United States after its attack on
(18:27):
three nuclear sites in Iran. They have this morning, just
in the last hour, they have attacked two US military
bases in Qatar and in Iraq, and so far there'd
been no reports of casualties in either of the attacks.
The Americans kind of saw it coming and evacuated the
basis beforehand. Just in the last couple of minutes, an
(18:49):
update from the White House that General Dan Kin who's
the chairman of the Joint chiefs of Staff, and Pete
Headseth who's of course Secretary of Defense. They are in
the White House Situation Room, so no doubt they are
monitoring what's going on there. And we will speak to
alistair Buncle, he's the Middle East correspondent for Sky News.
Just before quarter two six this morning now twenty three
(19:09):
to two Brian and reporters. We start with Calm and Donedan, Calm,
good morning morning, right, international flights touching down in Dunedan
once again.
Speaker 7 (19:19):
If this is the first of Jet Stars direct flights
between Donedan and the Gold Coasts, call and gather. It
lands at two forty five this afternoon. So much excitement
here around that this new service will fly three times
a week and it's the first international route for the
city since twenty twenty. This will add about fifty thousand
seats between the two cities annually. Daniel Tobono's the Daneedan
(19:40):
Airport Chief Executive. He says this has taken years of
hard work to get over the line. The occasions being
marked today with some of Dunedin's landmark buildings let up
in Jetstar Orange and the airport has a celebration plan
to welcome today's first passengers in from the GC.
Speaker 2 (19:55):
Nicean, that's good to hear. And how's the weather for
that first flight?
Speaker 7 (20:00):
Well compared to the Gold Coast where it's twenty three
today and Eden's fine and twelve brilliant.
Speaker 2 (20:04):
Thank you. I know which way I'd rather give you going? Callum,
thank you?
Speaker 5 (20:08):
Clear?
Speaker 2 (20:08):
In christ Church, hey clear, good morning, good morning. Now
you've got your annual plan being finalized. That's exciting.
Speaker 8 (20:14):
Yeah, how exciting. Look the plan outlines the day to
day activities and services that christ Church City Council will
provide alongside the capital projects, so that stuff like our
new stadium. The average rates increase is set to be
six point seven seven percent. That's lower than the seven
point five eight percent that they did mention in the draft.
It works out to be around five dollars a week
(20:35):
for the average at christ Church household. The total operational
spend of eight hundred and seventy one million dollars is
included in that that is higher by nine point seven
million than what was originally proposed. Councilors are also going
to decide today whether to pause our Christ Church Cathedral
Levy Now. Households have been paying about six dollars fifty
two cents per year for the restoration of the cathedral
(20:57):
since twenty eighteen. But we do expect that we'll go.
There's also expected to be money for a study into
a central city shuttle service to be discussed too.
Speaker 2 (21:06):
Okay, how's your weather?
Speaker 8 (21:08):
Very frosty to start? Should clear to fine a bit
later nor the least developing. The high will be.
Speaker 2 (21:12):
Eleven last one. Thank you and Max and Wellington Max.
Good morning, Max, good morning.
Speaker 9 (21:20):
Can you hear me?
Speaker 2 (21:20):
Yeah, I've got you. Hell Hey, tell us about your
new toilet?
Speaker 9 (21:24):
Yeah, not my new toilet. A new block of public
toilets has been unveiled in the Capitol and the CBD
Taranaki and Dixon Streets, accompanied by quite an extravagant press
release by the city Council. It's got apparently a ribbed
timber facade which can be transformed into a special light
show at night. Exterior lighting by Angus Mure Design, with
(21:48):
the colors that can be changed to reflect campaigns like
Breast Cancer Awareness Month, Christmas, the Jazz Festival or Ranzac Day,
they shall not grow old. At two point three million
dollar cost for these toilets, one hundred and fifty thousand
a loan for the lights, the project delayed quite a
few months, otherwise it wouldn't be a council project. Two
standard loos and essentially four accessible ones as well. Bit
(22:10):
if a mixed reaction from locals is spoken to by
our newsroom on the streets, the owner of a neighboring
business calls these two point three million dollar toilets a
bit of overkill, but they certainly stand out.
Speaker 2 (22:22):
Two point three million dollars and how many do you get?
You get six toilets.
Speaker 9 (22:25):
Two standards, three accessible toilets, and then one sort of
changing room.
Speaker 2 (22:31):
With no actual lu in it just somewhere to why
do you need to get changed in the middle of
the city.
Speaker 9 (22:37):
Well, if you're you know, stuck in a pinch or something,
just use one of the toilets.
Speaker 2 (22:43):
I mean, okay, two point three million dollars and it's
a nice light show. Do the lights go in the
toilet or edit for outside viewing?
Speaker 9 (22:51):
No exterior lighting? And I suppose you know, pink for
Breast Cancer Awareness months. Stuff like that.
Speaker 2 (22:58):
Interesting all right, Max, how's your with it today?
Speaker 9 (23:01):
A cold star but should be mostly fine. Fourteen the
High Central brilliant.
Speaker 2 (23:06):
Thank you. Let's go to Neva and Aukland Hay Neva,
good morning. Sounds like a bit of a flashy I mean,
that's why they don't get anything done in Wellington, isn't it.
Because everything's got lights and the raid and a show,
and I just.
Speaker 10 (23:18):
The lose I know, so much money.
Speaker 2 (23:20):
You're just somewhere to sit down and do your business.
Speaker 11 (23:22):
That's all you need. Do it and go.
Speaker 2 (23:24):
Honestly, a hole in the ground.
Speaker 10 (23:25):
Do you need lights? Noney?
Speaker 2 (23:28):
We do need this Northern Expressway though, we do.
Speaker 1 (23:31):
Now.
Speaker 10 (23:31):
I can tell you that an Australian, Spanish and French
firm now they're all vying to build. This is the
first stage of the multi billion dollar Northland Expressway. So
this twenty six kilometer project, which will connect Walkworth and Tehna,
is being delivered as a private public partnership. The Australian
company it's called Plenary. Now they've committed to bid on
five New Zealand partnerships over the next five years. Vancy
(23:53):
is the French construction company one of the biggest in
the world, and the Spanish firm Axia is the third
bit of hope. That's a great pronunciation. And it built
the Pooh Boy to Walk With Highway which will connect
to the North of Expressway.
Speaker 2 (24:07):
So nice, yes, see how that goes? Good job there.
How's our weather today, Neva.
Speaker 10 (24:12):
Partley, cloudy sixteen is the high quite warm actually for us?
Speaker 2 (24:15):
Thank you Ryan, thank you, she's out, Thank you, Neva. Right,
it is eighteen minutes away from six year. On News
Talk SB, we'll get to our Middle East correspondent on
the news over just in the last hour that Iran
is heading back at the US and cutter and Iraq.
We will also get to Stuart Nash on the Golden
(24:35):
Visa numbers that the government's crowing about. That's all ahead.
Speaker 1 (24:38):
News Talk SEDB International Correspondence with Ends and Eye Insurance,
Peace of Mind for New Zealand business.
Speaker 4 (24:45):
Of the New Talks.
Speaker 2 (24:46):
We've been waiting for Iran to respond. While they've done.
In the last hour they have attacked you were spaces
in Iraq and Kuta. So far, no injuries or deaths
or casualties have been reported that according to the Pentagon
via Fox News in the last couple of minutes. Elister
Bankle is the Middle East correspondent from Sky News. When
us this morning, Alistair, what is the lightest on these attacks?
Speaker 12 (25:10):
Well, I mean, the only confirmed attack is the one
on Katar, on the Alu Ded Air Base, which is
the biggest American air base in the region. The Iranians
reportedly fired ten missiles, saying they are saying fired a
missile for every missile that the Americans fired at them
when the Americans attacked the nuclear bases over the weekend.
(25:32):
I'm not sure that figure exactly tallies, but we haven't heard.
Speaker 2 (25:37):
More reports from Iraq at the moment.
Speaker 12 (25:40):
On the one hand, it is a major major escalation.
Iran attacking a GCC country in the Middle East, a
country like Katar is a huge escalation. But we knew
the Arenas would have to respond in some way. This
is well start, possibly the end of their response, and
(26:03):
no reports of casualties, so possibly, you know, it does
provide everybody with a bit of an off ramp, But
then it depends on the way President Trump sees it.
Speaker 2 (26:16):
Does the fact that there are no casualties indicate that
the Americans because they had been warning their own citizens
in Kata for a couple of days, and we heard
from the UK in the last couple of hours that
these citizens should be aware in Kata. Is it possible
that they did give them a well, that they were
no one about and that you know, that's why we
didn't see any casualties. Yeah, I reckon so.
Speaker 12 (26:38):
To be honest, we don't know that officially, but I
think that's probably very likely. The Ktaris are pretty close
to the Iranians. Qatar hosts the leadership of Hummas, for example,
an Iranian proxy, but they're also close to the Americans.
They host major US military bases. And my sense from
(27:02):
covering these things for many years is that this would
have been known about. There would have been a maybe
not more than a few hours, but there would have
been some notification that this.
Speaker 2 (27:14):
Was happening, and it would have allowed.
Speaker 12 (27:16):
Everybody to ensure that there were no US forces above ground.
They were either not at the base or they were
underground in safety. Ditto to the British. The British have
a very large military personnel at that airbase, but I
understand they had evacuated it in the recent days and
so if that's accurate, then what it does is it
(27:39):
gives Aroun the kind of the story to say, look,
we have attacked the biggest US air base in the region,
and it gives the Americans the ability to sort of
back away having suffered no damage.
Speaker 2 (27:53):
Elistair appreciate that analysis. This morning, Alistair Bankele, who's the
Middle East correspondent for Sky News, confirming there that there
have been a missiles fired from Iran into a US
air base in Katar, though apparently intercepted. No injuries or
casualties reported at this stage. Iran has said that they
(28:14):
have fired missiles not just at US air bases in Kata,
but also in Iraq, though as Alista says, that hasn't
been confirmed. Eleven minutes away from six Ryan Bridge. So
the Golden visas have gone gangbusters. Apparently, nearly two hundred
applications from foreign investors have been received since the scheme
was launched in April, so it's only been three months.
(28:34):
One hundred of those have been approved. In principle, seven
applications have already invested. Applicants rather invested their money and
been granted visas. Stuart Nash by the way, by comparison,
there was only just over one hundred and two and
a half years to this category. Stuart Nash, former Labor
Cabinet minister who launched the Golden visas back in twenty
twenty two, is with us this morning. Stuart. Good morning,
(28:55):
Good morning, Roight.
Speaker 5 (28:56):
How are you?
Speaker 4 (28:57):
Yeah?
Speaker 2 (28:57):
Good, thank you. So does this mean that the to
kick up the jaxi the listening of the rules is worked.
Speaker 5 (29:03):
It seems to have worked. But it's also you know,
all the geopolitical uncertainty that's going on in the world
at the moment. I mean, you've just talked to your
guy about Iran and the US. We've got a lot
of lot going on in American domestic politics. Obviously, we've
got the British Prime Minister talk about putting his forces
on you know, a sort of a higher alert. You've
got the South China Sea, obviously, you've got the tinder
(29:25):
box which is the Middle East. So you know, we're
a bit of an oasis at the bottom of the
world at the moment.
Speaker 2 (29:30):
And this is potentially an eight hundred and forty five
million dollars of new investment for US if they all convert.
Do we know what the conversion rate normally is for
visas like this.
Speaker 5 (29:40):
Yeah, it's very high. Keeping in mind these people have
to pay quite a lot of money to get the
visa in the first place. They've gone through quite a
rigorous process because the one thing that we wanted to
ensure was that everyone coming to New Zealand had integrity.
And by that I mean you've got to prove that
the money you've got has been gained by legitimate means.
You've got to do a health test, you got to
do a police test. So it's quite a rigorous process
to actually put the visa in. So the conversion rate
(30:02):
is very high. From once you apply to the visas
being submitted and then approval.
Speaker 2 (30:08):
What did they do when they get here, Well, they've got.
Speaker 5 (30:12):
Six months to invest in money, and keeping in mind
a lot of these, well over fifty percent of coming
from the United States. So you're allowed to put your
money in a managed fun to start with, or you
can put your money direct into equities or bonds or
direct into a company if you really want. So there
are two classes of people, really ryan. There are those
who were seeking permanent residency who don't necessarily want to
immigrate here, and then there are those who want to
(30:34):
immigrate here two different pathways. So you know, if you're
part of the growth category, you only have to spend
three weeks over three years. But what we tend to
find is that once you've invest in, you know, you're
five million or you're three million in US, and you
come over here after a while, you know, you fall
in love with the place, and you tend to immigrate
or spend more time here than the minimum.
Speaker 2 (30:55):
This is a net positive for New zeal I mean,
we're getting a lot of text thing and why do
we need these rich Americans coming here who are escaping
Trump and using us as some kind of bunker. I
mean that the benefits to us far outweigh the costs
of having right.
Speaker 5 (31:11):
I don't see any downside to this. Now we're not
getting people coming here like Peter Tael. Remember that that
very wealthy American who came over here, bought a property,
was given citizenship after about eleven days. This is not
that skin. These are people who are required to invest
five million kre we or three million US and the
growth fund or ten million care we or six million
(31:33):
US and the balance fund. They're contributing in a way
that adds value that now it's not just about the money. Also,
for me, fifty percent of it is about the connections,
the networks they experience, the competencies, the capabilities these men
and women bring, and keeping in mind if they're actively investing,
by and large, a lot of them take a very
active interest in the companies they're investing in, so this
(31:57):
is there is no downside. Also, keep in mind that
they're not competing with Kiwis for faith houses. We're talking
about the very wealthy here. They're not you know that
they're buying down in Queenstown or up north or on
the northern slopes of Humbey if they decide to immigrate here.
So that for me, there was absolutely no downside. And
keeping in mind capital has always been mobile. These people
(32:18):
are looking for a home for themselves. In the past,
most have tax havens. At the moment a lot of
them are seeking safe havens, which is what New Zealanders.
But like I said, they're investing a lot of money here.
They've been part of our community, part of our economy,
and there's a it's just fantastic, man. I think it's
there's no downside.
Speaker 2 (32:35):
Stuart, appreciate your time. This morning, Stuart Nash, former Labor
Cabinet minister. It is seven away from six News Talk, said,
B might next news.
Speaker 1 (32:43):
And views you trust to start your day. It's early
edition with Ryan Bridge at ex Bowl insulation keeping Kiwi
homes warm and dry. This winter News Talks EDB.
Speaker 2 (32:54):
News Talks Hebb. It's five minutes away from six and
Mike is here with your next Mike, good morning.
Speaker 11 (32:59):
What would you be doing if you're on the one
fifteen this afternoon?
Speaker 2 (33:03):
Auckland to Doha pulling out? Well, I mean it's not
going to be It's not going to be going anywhere,
is it. I don't know airports, well, airspace is closed.
Speaker 11 (33:11):
So it's interesting when it starts to it starts to
affect us home.
Speaker 2 (33:15):
Yeah. So you know, three hundred and sixty flights a
day and out of Doha, they said, and currently none
of them are moving.
Speaker 11 (33:21):
Interesting, interesting times. Oil You note the oil price are
gone backward?
Speaker 2 (33:25):
Yes, I did, And do you know what?
Speaker 11 (33:26):
Do you know what I think that is? I think
the world's seas are run for what they are, which
is basically a busted flush performative. And we've been here
many many times before, and therefore there is no panic.
Speaker 2 (33:36):
They threatened to close the strait a couple of times.
Speaker 11 (33:38):
And they threw a lot of stuff.
Speaker 2 (33:40):
Plus you can apparently go through Aman's waters rather than
theirs anyway to get through there. So but also the
market's priced it all in so.
Speaker 11 (33:48):
I think so too. So anyway, we'll talk about that
in other matters this morning. Scott Robinson's with us, by
the way.
Speaker 2 (33:52):
Oh nice for a catch up.
Speaker 11 (33:54):
Haven't talked to him all year?
Speaker 2 (33:55):
What do they do all yet?
Speaker 11 (33:56):
What's the all black coach literally do all year up
until this particular point. I mean, obviously watch is super regular.
Speaker 2 (34:00):
I supposed decide what he announced.
Speaker 11 (34:02):
It's a lot of deciding, six months of deciding. Anyways,
with us after night.
Speaker 2 (34:06):
Beg Calls, Beg Money, three minutes away from six You're
on News Talks. It'd be right next to you tomorrow.
Speaker 1 (34:18):
For more from Early Edition with Ryan Bridge. Listen live
to News Talks it'd be from five am weekdays, or
follow the podcast on iHeartRadio.
The issues, the interviews and the insight. Ryan Bridge on
an early edition with ex pole insulation, keeping Kiwi Holmes
warm and try this winter News Talks.
Speaker 2 (00:11):
That'd be Good Morning It at six after five year
on News Talks. A b as we go to air,
Iran is attacking Iraq and Qatar US air bases. We'll
keep you up to date with that situation. It's happening
as we speak, apparently the one over Doha, because there
are explosions being heard in Doha right now. That has
been emptied evacuated by the Americans ahead of time, so
(00:33):
we'll keep you up to date with whatever happens there.
Plus we'll get to Stuart Nash, the former Labor Cabinet minister,
on the Golden visas which are pulling in the numbers
in terms of applications. We'll find out exactly how much
money they're going to bring with them. Nick Brewley is
with us, this is News Talks. He'd be sports journalist
on the thirty five man All Black squad that's been
(00:53):
named to face France. And we'll look at the price
of oil as well. Pretty holding up pretty well, actually
not going through the roof, not going through the floor.
Actually pretty stable the price of oil, all things considered.
In the Middle East. We'll get to that shortly with
Terry Collins from AA seven after five.
Speaker 1 (01:12):
The agenda so.
Speaker 2 (01:15):
Just gone a pm local time. In Kafa. Explosions are
being heard and alert has been issued for US air
bases in Iraq. But as I said, explosions heard and
cuta the capital, Dohat, world's busiest airport, closed the airspace
above it closed three hundred and sixty flights per day there.
They reckon the explosions at this stage could be air
(01:35):
defense systems. We will keep you up to date with
what's going on there. Trump meanwhile, talked about regime change yesterday.
But don't worry. Caroline Levitt's come out. She's been wheeled
out to rain this in. But if they refuse to
engage in diplomacy moving forward, why shouldn't the Iranian people
rise up against this brutal terrorist regime. That's a question
(01:56):
the President raised last night.
Speaker 3 (01:57):
But as far as our military pasture, it hasn't changed.
Speaker 2 (02:00):
Meanwhile, world ladies have been arriving in the Hague for
this year's NATO summit. NATO's Secretary General Mark Rutter spoke
to media ahead of the summit.
Speaker 3 (02:08):
If you're committed to defending every inch of Allied territory,
should any potential adversary make the mistake of attacking any
ally based on those plans, Allies have agreed and ambitious
new set of capability targets, the specific practical requirements that
(02:28):
ensures that we can implement our any sense plants.
Speaker 2 (02:32):
Luck and wrapping up in Belgium, heading to NATO in
the Hague. Still not criticizing or supporting the US attacks
on Iran. We do not want to see a nuclear
armed Iran.
Speaker 4 (02:42):
What will solve the problems.
Speaker 2 (02:43):
As a political solution that.
Speaker 4 (02:44):
Requires it a dialogue and diplomacy.
Speaker 1 (02:48):
Ryan Bridge on earlier edition with expole insulation keeping Kiwi
Holmes warm and dry.
Speaker 2 (02:54):
This winter news talks, ab news talks it be. It's
just gone nine minutes half to five. So budget twenty
twenty five we had one point three seven billion dollars
for GPS. That's from the health budget. One point three
seven billion dollars was what they allocated, and yesterday the
minister reached an agreement with the GPS. Because this is
you know, the problems that people have you most often
(03:16):
hear about is I can't get into a GP, like
I can't even get on the role for to see
a doctor, or once I get on the roll, I'm
having to wait three weeks or a month, by which
time I'm well again, the whole thing's pointless. So they've
increased the funding, and it'd be interesting to hear from
GPS today what their response to this is. But the
(03:37):
numbers have come out this morning new agreements signed with
GPS yesterday. Thirteen point eight nine percent increased this year.
That's an extra one hundred and seventy five million dollars
for GPS. In theory should cut the weight times in theory,
should allow more enrollments, but will it Is it enough
to patch up the cracks? Five million dollars for this
(03:57):
is interesting for minor procedures, so that because they're to
take the pressure off hospitals, right, so one of the
things they're going to do is give some more money
for minor procedures, like if you've got a skin legion
or a you know, some sort of iron infusion that
would otherwise need to be done by a hospital will
potentially be able to be done by a GP. So
(04:17):
that should speed for the wake times up as well,
they reckon. We'll hear from them today on that. I'm
sure if you're just joining us right now, Iran is
This is, according to Iran's one of their state news agencies,
launching what they're calling the Annunciation of Victory operation in
Iraq and Cussa, and they are targeting US military bases
(04:42):
or US lead military bases. They are firing on these.
Doha's airspace has been closed. Kutars air defenses have intercepted
attacks on a US base there. Now, we had heard
from the Americans over the last couple of days warning
to their citizens and cuting are quite specifically. And then
(05:03):
we heard from Lamming over in the UK are warning
to UK citizens in the last couple of hours that
they should be aware of their safety as well and
basically shelter in place. Now, this is interesting because Doha
is the world's home to the world's busiest airport, one
of the busiest in the world, three hundred and sixty
flights a day, so that is currently closed and the
(05:25):
ten thousand troops or defense full staff they reckon that
normally would be at this base. Apparently everyone's been evacuated
ahead of time because the Americans kind of saw this coming,
so we'll keep you up to date with that. Next
we talk the price of oil. Eleven after five News
Talk said B.
Speaker 1 (05:43):
The first word on the News of the Day early
edition with Ryan Bridge and x fol Insulation keeping Kiwi
homes warm and dry this winter.
Speaker 2 (05:52):
News Talk Sat B. You're just joining news Talk sead
B fourteen minutes after five KATARS reporting that there have
been no deaths or injuries after Iran attacked a US
airbase in Doha. The espace there is currently closed. We'll
cross through our Middle East correspondence at about quarter to
six this morning for the latest on that. Meanwhile, Luxeon's
over in I mentioned earlier. He's over in the Hague,
(06:15):
heading to the Hague from Brussels. This is for the
NATO summer and everyone is hoping well. He was hoping
that Trump would have a meeting. Apparently wanted to meet
with the IP four, which is US in the South
Koreans and the Japanese and the Australians, the sort of
partners of NATO in the Indo Pacific. But in the
last twenty four hours the Japanese prime ministers pulled out.
(06:38):
He's not going, and also Anthony Albanize is not going.
He's sending his deputy and defense minister. So that doesn't
bode well for a meeting with Trump, because if Trump
was going to be meeting with you, then you'd probably
find that those two leaders would be going. Ryan Breed,
quarter past five, price of oil hasn't gone through the roof,
despite what's happening in the Middle East. Brent crude oil
is actually down four percent of the day to seventy
(07:01):
dollars seventy cents a barrel. This is US and there
are a couple of reasons for this. We'll get to
those in a second. Terry Collins, the principal AA advisor
with US Petrol Expert Oil expert, on the program, Terry,
good morning, Good morning on Yeah, were you surprised to
see or did the markets just price in trouble in
the Middle East?
Speaker 4 (07:23):
You're right initially what they did when their text were
launch as they just twicted the risk. Everybody now was
just sitting back and seeing how the Uranians retaliate to
the US strikes. They've talked well threatened to shut straight
up the moors, and that could take a variety of forms,
everything from the stopping some targeted ships of certain nationalities,
(07:44):
to putting minds down to directly attacking shipping, and each
of those would have an impact on the twice of oil.
Speaker 2 (07:51):
Interesting that the markets are only betting on a twenty
five to thirty percent chance of that actually happening because
they've threatened to do this before and nothing came of it.
Speaker 4 (07:59):
Right, Yeah, I think what everybody's sitting back and looking
is the Uranians know that they can't go full on
with the US and its neighbors, so they've got to
save face. They've got to do some form of recaliation.
Let's say to the world that we will defend ourselves
and if you strike us, we will strike back. But
I think they're scared about going too far because of
(08:20):
the consequences of that.
Speaker 2 (08:22):
Also, the other thing about the Strait that I was
running about yesterday, part of it is actually in Oman's waters,
with vessels actually able to go in their waters to
get through. So can they actually completely block it off?
Speaker 4 (08:37):
Well, the straight that its scenarios is about thirty three
kilometers wide, and for the cook straight of that scenarios
is about twenty two. But they've got these shipping rains
about three kilometers wide. In both directions. One of them
will be in the Omar side, that's in one direction.
Practicalities of it, if they're going to start shooting each
other will laying minds. They'll just do it discruminent where
(08:59):
they has drop them. So what that happens is the
shipping companies, because of the insurance issues, won't want to
take the ships in there. They'll do that voluntary. I'll
think the risk of being struck by a mine the
environment will clean up is too significant, and that's how
they will slow down.
Speaker 5 (09:14):
The supply of will all right.
Speaker 2 (09:15):
And these to talk of potentially doubling the price of
oil per barrel overblown.
Speaker 4 (09:22):
Overblown, and probably if it did happen, it would be
a short term spike. What we saw after the Russian
evasion of Ukraine is the world did spike around the
one twenty one to thirty, but then as alternative roots
of oil going back onto the market were established, those
prices drop down. We've seen from a number of these
geopolitical events that there's an immediate short term spike and
(09:44):
then the court of markets settled down as alternative arrangements
are made for delivering oil to the market.
Speaker 2 (09:49):
Terry appreciate your time this morning. Terry Collins from AA.
It is eighteen minutes after five. You're on News Talk CBB.
So the market pretty resilient to what's going on over
in the Middle Ag despite the fact that missiles are
still flying into new locations as well in Kuta and
Iraq from Iran. You're on News Talks hebe coming up next.
(10:10):
It's the All Blacks, the squad naming who's and who's out,
and there is some controversy about who's out. We'll get
to that next.
Speaker 1 (10:17):
Get ahead of the headlines on early edition with Ryan
Bridge and x fol Insulation keeping Kiwi Holmes warm and
dry this winter.
Speaker 2 (10:26):
News Talks b You're on News Talks HEB is twenty
minutes after five. If you're just joining US, Iran is
right now attacking US bases in Kata and Iraq. We've
got a correspondent out of the Middle East just before
quarter to six this morning. We will get an update then,
plus you'll have more on the news at five point thirty.
But just so that you're aware, the airspace above Kut
above Doha, I should say, and Kuta has been closed. However,
(10:50):
no deaths have been reported thus far no injuries and
that air base, that US air base was evacuated ahead
of time. Somebody's just texted to say, I Reckon are
quite performative from aram these attacks and at this stage
you'd have to say that though obviously they're still ongoing,
so damage assessment still some time off. Twenty one minutes
half to five. All Blacks coach Scott Robertson has unveiled
(11:12):
as thirty five band squad to face France and next
month's three test series, including five new faces. Nick Beuley
is News Talks a big sports journalist and is with
me now, Nick, good morning.
Speaker 6 (11:22):
Wanning's here Ryan.
Speaker 2 (11:23):
Big surprises for you, probably just.
Speaker 6 (11:26):
The one, and that would be Chief Sooker Brody McAllister,
who was down my way in Crusaders Country up until
last year, was behind the likes of Cody Taylor, who's
in this all Black squad and was told, you know,
you might want to go try and get some game
time outs where established yourself went to the chiefs and
by all accounts you know from the All Black sports
coach Jason Ryan and the All Blacks coach Scott Robertson
(11:48):
really made every post a winner and he wasn't on
many predicted squads before midday yesterday, so he's the genuine bolter.
The other new names, the likes of Duplassy Kadifi from
the Hurricanes to Mafi Tavatavanawai and Fabian Holland from the
Highlanders and Olie Norris from the Chiefs are probably pretty forecast.
But yeah, Brady mcallus to the big surprise.
Speaker 2 (12:08):
Yeah, and on do please? Could he the nearly a
decade in Super Rugby and NPC? This is quite long
overdue for him, isn't it.
Speaker 6 (12:16):
Yeah, he's really toiled away and had an opportunity to
go overseas and make a fair bit of money in Japan,
but I felt that there was unfinished business for him.
And yeah, he's a real success story of if you
persist and apply the what's been passed on. I suppose
in terms of the feedback that the all backs coaches
(12:36):
are after, you can make it. So I was really
pleased to see deeplessly kriefy. These offers a point of difference.
He's right up there in Super Rugby this season right
in terms of the top players in terms of turnovers,
has work in and around the ball, over the breakdown
is second to none. So yeah, I'd like to see
him really get a real good opportunity against France and
the formidable loose forward trail likes of Ardi sav and
(12:57):
Wallace a Ted as well.
Speaker 2 (12:58):
It's reading Gregor Paul's take on this this morning in
the Herald. What has the reaction been like from fans,
you know, from the pundits, what are they praying?
Speaker 5 (13:07):
Well?
Speaker 6 (13:08):
Look Ryan down here in Crusader's country, there's a few
people that feel a little bit aggrieved because Ethan Blackadder
was probably one of our best in the Super Rugby
Final against the Chiefs on Saturday and had a really
good back end of the season. He wasn't there. He's
been an All Black in the past. I think he
can consider himself one of the unlucky ones. David harvillly
as well, the Crusaders captain not getting a nod there
(13:30):
in the midfield. But look at the same time, it's
a very good squad and it should be tough to
pick an All Blacks team, you know, to whistle it
down to thirty three now, the challenge for Scott Robinson
is to get it to twenty three for a match day.
So look, I think on the whole it's a very
good team and one that should really push and really
it should beat Friends France.
Speaker 2 (13:52):
Well that would be the goal, wouldn't it. Nick appreciate that.
Of course, there's really News Tooks. He'd be sports reporter
with us this morning on the Squad Yesterday twenty four
minutes after five and you're on News TALKSB. Coming up next,
the numbers. We've had a couple of numbers on an
investment from the government over the last few days. One
is on the investment Visa, you know, the Golden Visa
(14:14):
where we get the rich Americans to come over here.
But also yesterday we had one from David Seymour. We
have more on both of those next the.
Speaker 1 (14:21):
Early edition full the Show podcast on IHARM Radio powered
by News TALKSB.
Speaker 2 (14:28):
News Talks THEIRB is twenty six minutes after five. A
couple of investment related revelations from the government this week
prove a couple of basic points about business. One you've
got to sell something that people want, and two you've
got to do it at a competitive price. Take the
Golden Visa numbers. The government's crowing about. This is changes
(14:48):
netting results. This is where we give residency to wealthy
foreigners and they're basically got to buy their way in.
In the three months since the government changed the rules,
we've had six hundred people apply via two hundred applications.
The old category had one hundred and sixteen applications in
two and a half years, so we've nearly doubled the
(15:10):
number in three months. So clearly loosening the rules, allowing
property and bonds to be included as investments and lowering
the amount required has given this visa the rocket up
the JAXI that it needed half the applicants that are American.
So you've got a bunch of wealthy American families fed
up with trumpour on the hunt for a new bolt
hole whatever, and suddenly our requirements are at least as
(15:34):
competitive or more competitive to similar options, and hula, you
get some wins. That's potentially eight hundred and forty five
million dollars of investment for New Zealand. But what they're
essentially buying is our lifestyle. They want a beautiful, safe
place at the bottom of the world to call home
or home away from home. The numbers Seamol revealed in
(15:56):
his press conference yesterday on overseas investment show that while
we've made that process more attractive for people, more competitive,
you've still got to have something worth selling at the
end of the day, which in this case is an
attractive investment. You can make it as easy and hassle
free to invest here as you want, but if the
opportunities aren't here, if the potential for wins aren't here,
(16:20):
the investment won't follow. Overseas investment decisions are now being
made twice as fast thanks to Seymour's intervention, but the
number of applications has gone down in the last year.
Why because the property market's gone capot Which is not
to say the process shouldn't have been simplified, but it
just goes to show if you want investment, you've got
(16:42):
to have something attractive on offer, and right now, the lifestyle,
the key we lifestyle is what we've got going for us.
Ray eight minutes after five you're on News Talks EB
and if you're just joining us, there's a bit of
breaking news out of the Middle East. Iran is responding
to the United States attack on its nuclear weapons facilities.
(17:06):
They have done this by attacking military bases. US military
bases in Kuta and in Iraq. So far, we haven't
had any reports of casualties. The Qatari Foreign Minister is
condemning Iran entering its airspace. Airspace over Doha has been closed.
(17:26):
We've got a Middle East correspondent coming your way after
News News Talk said be.
Speaker 1 (17:47):
On your radio and online on iHeartRadio early edition with
Ryan Bridge and ex fol Insulation keeping Kiwi Holmes warm
and dry. This winter News Talks at b.
Speaker 5 (18:05):
Good Burning.
Speaker 2 (18:06):
It is twenty four minutes away from six year on
News Talks V. We'll get to our reporters around the
country shortly. We're going to get to the former Cabinet
Minister Stuart Nash, who's now running a sort of an
advisory for people wanting to come to New Zealand on
the Golden visa numbers we had yesterday. And if you're
just joining us, the Run is heading back trying to
hit back at the United States after its attack on
(18:27):
three nuclear sites in Iran. They have this morning, just
in the last hour, they have attacked two US military
bases in Qatar and in Iraq, and so far there'd
been no reports of casualties in either of the attacks.
The Americans kind of saw it coming and evacuated the
basis beforehand. Just in the last couple of minutes, an
(18:49):
update from the White House that General Dan Kin who's
the chairman of the Joint chiefs of Staff, and Pete
Headseth who's of course Secretary of Defense. They are in
the White House Situation Room, so no doubt they are
monitoring what's going on there. And we will speak to
alistair Buncle, he's the Middle East correspondent for Sky News.
Just before quarter two six this morning now twenty three
(19:09):
to two Brian and reporters. We start with Calm and Donedan, Calm,
good morning morning, right, international flights touching down in Dunedan
once again.
Speaker 7 (19:19):
If this is the first of Jet Stars direct flights
between Donedan and the Gold Coasts, call and gather. It
lands at two forty five this afternoon. So much excitement
here around that this new service will fly three times
a week and it's the first international route for the
city since twenty twenty. This will add about fifty thousand
seats between the two cities annually. Daniel Tobono's the Daneedan
(19:40):
Airport Chief Executive. He says this has taken years of
hard work to get over the line. The occasions being
marked today with some of Dunedin's landmark buildings let up
in Jetstar Orange and the airport has a celebration plan
to welcome today's first passengers in from the GC.
Speaker 2 (19:55):
Nicean, that's good to hear. And how's the weather for
that first flight?
Speaker 7 (20:00):
Well compared to the Gold Coast where it's twenty three
today and Eden's fine and twelve brilliant.
Speaker 2 (20:04):
Thank you. I know which way I'd rather give you going? Callum,
thank you?
Speaker 5 (20:08):
Clear?
Speaker 2 (20:08):
In christ Church, hey clear, good morning, good morning. Now
you've got your annual plan being finalized. That's exciting.
Speaker 8 (20:14):
Yeah, how exciting. Look the plan outlines the day to
day activities and services that christ Church City Council will
provide alongside the capital projects, so that stuff like our
new stadium. The average rates increase is set to be
six point seven seven percent. That's lower than the seven
point five eight percent that they did mention in the draft.
It works out to be around five dollars a week
(20:35):
for the average at christ Church household. The total operational
spend of eight hundred and seventy one million dollars is
included in that that is higher by nine point seven
million than what was originally proposed. Councilors are also going
to decide today whether to pause our Christ Church Cathedral
Levy Now. Households have been paying about six dollars fifty
two cents per year for the restoration of the cathedral
(20:57):
since twenty eighteen. But we do expect that we'll go.
There's also expected to be money for a study into
a central city shuttle service to be discussed too.
Speaker 2 (21:06):
Okay, how's your weather?
Speaker 8 (21:08):
Very frosty to start? Should clear to fine a bit
later nor the least developing. The high will be.
Speaker 2 (21:12):
Eleven last one. Thank you and Max and Wellington Max.
Good morning, Max, good morning.
Speaker 9 (21:20):
Can you hear me?
Speaker 2 (21:20):
Yeah, I've got you. Hell Hey, tell us about your
new toilet?
Speaker 9 (21:24):
Yeah, not my new toilet. A new block of public
toilets has been unveiled in the Capitol and the CBD
Taranaki and Dixon Streets, accompanied by quite an extravagant press
release by the city Council. It's got apparently a ribbed
timber facade which can be transformed into a special light
show at night. Exterior lighting by Angus Mure Design, with
(21:48):
the colors that can be changed to reflect campaigns like
Breast Cancer Awareness Month, Christmas, the Jazz Festival or Ranzac Day,
they shall not grow old. At two point three million
dollar cost for these toilets, one hundred and fifty thousand
a loan for the lights, the project delayed quite a
few months, otherwise it wouldn't be a council project. Two
standard loos and essentially four accessible ones as well. Bit
(22:10):
if a mixed reaction from locals is spoken to by
our newsroom on the streets, the owner of a neighboring
business calls these two point three million dollar toilets a
bit of overkill, but they certainly stand out.
Speaker 2 (22:22):
Two point three million dollars and how many do you get?
You get six toilets.
Speaker 9 (22:25):
Two standards, three accessible toilets, and then one sort of
changing room.
Speaker 2 (22:31):
With no actual lu in it just somewhere to why
do you need to get changed in the middle of
the city.
Speaker 9 (22:37):
Well, if you're you know, stuck in a pinch or something,
just use one of the toilets.
Speaker 2 (22:43):
I mean, okay, two point three million dollars and it's
a nice light show. Do the lights go in the
toilet or edit for outside viewing?
Speaker 9 (22:51):
No exterior lighting? And I suppose you know, pink for
Breast Cancer Awareness months. Stuff like that.
Speaker 2 (22:58):
Interesting all right, Max, how's your with it today?
Speaker 9 (23:01):
A cold star but should be mostly fine. Fourteen the
High Central brilliant.
Speaker 2 (23:06):
Thank you. Let's go to Neva and Aukland Hay Neva,
good morning. Sounds like a bit of a flashy I mean,
that's why they don't get anything done in Wellington, isn't it.
Because everything's got lights and the raid and a show,
and I just.
Speaker 10 (23:18):
The lose I know, so much money.
Speaker 2 (23:20):
You're just somewhere to sit down and do your business.
Speaker 11 (23:22):
That's all you need. Do it and go.
Speaker 2 (23:24):
Honestly, a hole in the ground.
Speaker 10 (23:25):
Do you need lights? Noney?
Speaker 2 (23:28):
We do need this Northern Expressway though, we do.
Speaker 1 (23:31):
Now.
Speaker 10 (23:31):
I can tell you that an Australian, Spanish and French
firm now they're all vying to build. This is the
first stage of the multi billion dollar Northland Expressway. So
this twenty six kilometer project, which will connect Walkworth and Tehna,
is being delivered as a private public partnership. The Australian
company it's called Plenary. Now they've committed to bid on
five New Zealand partnerships over the next five years. Vancy
(23:53):
is the French construction company one of the biggest in
the world, and the Spanish firm Axia is the third
bit of hope. That's a great pronunciation. And it built
the Pooh Boy to Walk With Highway which will connect
to the North of Expressway.
Speaker 2 (24:07):
So nice, yes, see how that goes? Good job there.
How's our weather today, Neva.
Speaker 10 (24:12):
Partley, cloudy sixteen is the high quite warm actually for us?
Speaker 2 (24:15):
Thank you Ryan, thank you, she's out, Thank you, Neva. Right,
it is eighteen minutes away from six year. On News
Talk SB, we'll get to our Middle East correspondent on
the news over just in the last hour that Iran
is heading back at the US and cutter and Iraq.
We will also get to Stuart Nash on the Golden
(24:35):
Visa numbers that the government's crowing about. That's all ahead.
Speaker 1 (24:38):
News Talk SEDB International Correspondence with Ends and Eye Insurance,
Peace of Mind for New Zealand business.
Speaker 4 (24:45):
Of the New Talks.
Speaker 2 (24:46):
We've been waiting for Iran to respond. While they've done.
In the last hour they have attacked you were spaces
in Iraq and Kuta. So far, no injuries or deaths
or casualties have been reported that according to the Pentagon
via Fox News in the last couple of minutes. Elister
Bankle is the Middle East correspondent from Sky News. When
us this morning, Alistair, what is the lightest on these attacks?
Speaker 12 (25:10):
Well, I mean, the only confirmed attack is the one
on Katar, on the Alu Ded Air Base, which is
the biggest American air base in the region. The Iranians
reportedly fired ten missiles, saying they are saying fired a
missile for every missile that the Americans fired at them
when the Americans attacked the nuclear bases over the weekend.
(25:32):
I'm not sure that figure exactly tallies, but we haven't heard.
Speaker 2 (25:37):
More reports from Iraq at the moment.
Speaker 12 (25:40):
On the one hand, it is a major major escalation.
Iran attacking a GCC country in the Middle East, a
country like Katar is a huge escalation. But we knew
the Arenas would have to respond in some way. This
is well start, possibly the end of their response, and
(26:03):
no reports of casualties, so possibly, you know, it does
provide everybody with a bit of an off ramp, But
then it depends on the way President Trump sees it.
Speaker 2 (26:16):
Does the fact that there are no casualties indicate that
the Americans because they had been warning their own citizens
in Kata for a couple of days, and we heard
from the UK in the last couple of hours that
these citizens should be aware in Kata. Is it possible
that they did give them a well, that they were
no one about and that you know, that's why we
didn't see any casualties. Yeah, I reckon so.
Speaker 12 (26:38):
To be honest, we don't know that officially, but I
think that's probably very likely. The Ktaris are pretty close
to the Iranians. Qatar hosts the leadership of Hummas, for example,
an Iranian proxy, but they're also close to the Americans.
They host major US military bases. And my sense from
(27:02):
covering these things for many years is that this would
have been known about. There would have been a maybe
not more than a few hours, but there would have
been some notification that this.
Speaker 2 (27:14):
Was happening, and it would have allowed.
Speaker 12 (27:16):
Everybody to ensure that there were no US forces above ground.
They were either not at the base or they were
underground in safety. Ditto to the British. The British have
a very large military personnel at that airbase, but I
understand they had evacuated it in the recent days and
so if that's accurate, then what it does is it
(27:39):
gives Aroun the kind of the story to say, look,
we have attacked the biggest US air base in the region,
and it gives the Americans the ability to sort of
back away having suffered no damage.
Speaker 2 (27:53):
Elistair appreciate that analysis. This morning, Alistair Bankele, who's the
Middle East correspondent for Sky News, confirming there that there
have been a missiles fired from Iran into a US
air base in Katar, though apparently intercepted. No injuries or
casualties reported at this stage. Iran has said that they
(28:14):
have fired missiles not just at US air bases in Kata,
but also in Iraq, though as Alista says, that hasn't
been confirmed. Eleven minutes away from six Ryan Bridge. So
the Golden visas have gone gangbusters. Apparently, nearly two hundred
applications from foreign investors have been received since the scheme
was launched in April, so it's only been three months.
(28:34):
One hundred of those have been approved. In principle, seven
applications have already invested. Applicants rather invested their money and
been granted visas. Stuart Nash by the way, by comparison,
there was only just over one hundred and two and
a half years to this category. Stuart Nash, former Labor
Cabinet minister who launched the Golden visas back in twenty
twenty two, is with us this morning. Stuart. Good morning,
(28:55):
Good morning, Roight.
Speaker 5 (28:56):
How are you?
Speaker 4 (28:57):
Yeah?
Speaker 2 (28:57):
Good, thank you. So does this mean that the to
kick up the jaxi the listening of the rules is worked.
Speaker 5 (29:03):
It seems to have worked. But it's also you know,
all the geopolitical uncertainty that's going on in the world
at the moment. I mean, you've just talked to your
guy about Iran and the US. We've got a lot
of lot going on in American domestic politics. Obviously, we've
got the British Prime Minister talk about putting his forces
on you know, a sort of a higher alert. You've
got the South China Sea, obviously, you've got the tinder
(29:25):
box which is the Middle East. So you know, we're
a bit of an oasis at the bottom of the
world at the moment.
Speaker 2 (29:30):
And this is potentially an eight hundred and forty five
million dollars of new investment for US if they all convert.
Do we know what the conversion rate normally is for
visas like this.
Speaker 5 (29:40):
Yeah, it's very high. Keeping in mind these people have
to pay quite a lot of money to get the
visa in the first place. They've gone through quite a
rigorous process because the one thing that we wanted to
ensure was that everyone coming to New Zealand had integrity.
And by that I mean you've got to prove that
the money you've got has been gained by legitimate means.
You've got to do a health test, you got to
do a police test. So it's quite a rigorous process
to actually put the visa in. So the conversion rate
(30:02):
is very high. From once you apply to the visas
being submitted and then approval.
Speaker 2 (30:08):
What did they do when they get here, Well, they've got.
Speaker 5 (30:12):
Six months to invest in money, and keeping in mind
a lot of these, well over fifty percent of coming
from the United States. So you're allowed to put your
money in a managed fun to start with, or you
can put your money direct into equities or bonds or
direct into a company if you really want. So there
are two classes of people, really ryan. There are those
who were seeking permanent residency who don't necessarily want to
immigrate here, and then there are those who want to
(30:34):
immigrate here two different pathways. So you know, if you're
part of the growth category, you only have to spend
three weeks over three years. But what we tend to
find is that once you've invest in, you know, you're
five million or you're three million in US, and you
come over here after a while, you know, you fall
in love with the place, and you tend to immigrate
or spend more time here than the minimum.
Speaker 2 (30:55):
This is a net positive for New zeal I mean,
we're getting a lot of text thing and why do
we need these rich Americans coming here who are escaping
Trump and using us as some kind of bunker. I
mean that the benefits to us far outweigh the costs
of having right.
Speaker 5 (31:11):
I don't see any downside to this. Now we're not
getting people coming here like Peter Tael. Remember that that
very wealthy American who came over here, bought a property,
was given citizenship after about eleven days. This is not
that skin. These are people who are required to invest
five million kre we or three million US and the
growth fund or ten million care we or six million
(31:33):
US and the balance fund. They're contributing in a way
that adds value that now it's not just about the money. Also,
for me, fifty percent of it is about the connections,
the networks they experience, the competencies, the capabilities these men
and women bring, and keeping in mind if they're actively investing,
by and large, a lot of them take a very
active interest in the companies they're investing in, so this
(31:57):
is there is no downside. Also, keep in mind that
they're not competing with Kiwis for faith houses. We're talking
about the very wealthy here. They're not you know that
they're buying down in Queenstown or up north or on
the northern slopes of Humbey if they decide to immigrate here.
So that for me, there was absolutely no downside. And
keeping in mind capital has always been mobile. These people
(32:18):
are looking for a home for themselves. In the past,
most have tax havens. At the moment a lot of
them are seeking safe havens, which is what New Zealanders.
But like I said, they're investing a lot of money here.
They've been part of our community, part of our economy,
and there's a it's just fantastic, man. I think it's
there's no downside.
Speaker 2 (32:35):
Stuart, appreciate your time. This morning, Stuart Nash, former Labor
Cabinet minister. It is seven away from six News Talk, said,
B might next news.
Speaker 1 (32:43):
And views you trust to start your day. It's early
edition with Ryan Bridge at ex Bowl insulation keeping Kiwi
homes warm and dry. This winter News Talks EDB.
Speaker 2 (32:54):
News Talks Hebb. It's five minutes away from six and
Mike is here with your next Mike, good morning.
Speaker 11 (32:59):
What would you be doing if you're on the one
fifteen this afternoon?
Speaker 2 (33:03):
Auckland to Doha pulling out? Well, I mean it's not
going to be It's not going to be going anywhere,
is it. I don't know airports, well, airspace is closed.
Speaker 11 (33:11):
So it's interesting when it starts to it starts to
affect us home.
Speaker 2 (33:15):
Yeah. So you know, three hundred and sixty flights a
day and out of Doha, they said, and currently none
of them are moving.
Speaker 11 (33:21):
Interesting, interesting times. Oil You note the oil price are
gone backward?
Speaker 2 (33:25):
Yes, I did, And do you know what?
Speaker 11 (33:26):
Do you know what I think that is? I think
the world's seas are run for what they are, which
is basically a busted flush performative. And we've been here
many many times before, and therefore there is no panic.
Speaker 2 (33:36):
They threatened to close the strait a couple of times.
Speaker 11 (33:38):
And they threw a lot of stuff.
Speaker 2 (33:40):
Plus you can apparently go through Aman's waters rather than
theirs anyway to get through there. So but also the
market's priced it all in so.
Speaker 11 (33:48):
I think so too. So anyway, we'll talk about that
in other matters this morning. Scott Robinson's with us, by
the way.
Speaker 2 (33:52):
Oh nice for a catch up.
Speaker 11 (33:54):
Haven't talked to him all year?
Speaker 2 (33:55):
What do they do all yet?
Speaker 11 (33:56):
What's the all black coach literally do all year up
until this particular point. I mean, obviously watch is super regular.
Speaker 2 (34:00):
I supposed decide what he announced.
Speaker 11 (34:02):
It's a lot of deciding, six months of deciding. Anyways,
with us after night.
Speaker 2 (34:06):
Beg Calls, Beg Money, three minutes away from six You're
on News Talks. It'd be right next to you tomorrow.
Speaker 1 (34:18):
For more from Early Edition with Ryan Bridge. Listen live
to News Talks it'd be from five am weekdays, or
follow the podcast on iHeartRadio.
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