May 27, 2025 • 34 mins
On the Early Edition with Ryan Bridge Full Show Podcast 2025 Wednesday 28th of May, It's OCR day today, Westpac Chief Economist Kelly Eckhold shares his thoughts on what the Reserve Bank will do.
A 19 year old has died from a 'run-it-straight' style game with his friends, AUT Human Performance Professor Patria Hume warns about the risk of letting these events continue.
Auckland's port is hiking its access fees once again, National Road Carriers Association Chief Executive Justin Tighe-umbers tells Ryan Bridge about the impacts it'll have.
Plus, UK/Europe Correspondent Gavin Grey has the latest on the car that drove through closed off streets at the celebration parade for Liverpool Football Club.
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Episode Transcript
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Speaker 1 (00:01):
The issues, the interviews and the inside Ryan Bridge on
early edition with one roof make your Property search Simple,
News Talks B.
Speaker 2 (00:12):
Good morning, it is six alf to five year on
News Talk, said B. Coming up on the program this morning.
It's ocr day, so we'll talk to Westpac. Of course
b n Z moved some of their rates yesterday. Gavin
Graham the UK for US Liverpool driver could have had
drugs in his system. They reckon the port of Auckland.
A massive fee hike for them. It's all got to
do with Auckland's traffic. We'll tell you about that. Plus
(00:33):
the run at straight game death and Trump says bad
things would have happened to Putin if it wasn't for him.
Speaker 1 (00:42):
The agenda.
Speaker 2 (00:43):
Wednesday, the twenty eighth of May, the King's given a
speech to Canada's Parliament.
Speaker 3 (00:48):
The Prime Minister and the President of the United States
have begun defining a new economic and security relationship between
Canada and the United States, rooted in neutral respect and
founded on common interests to deliver transformational benefits for both
sovereign nations.
Speaker 2 (01:09):
Now this Liverpool football parade drivers arrested on suspicion of
attempted murder and suspicion of driving dangerously on drugs.
Speaker 4 (01:18):
We believe this to be an isolated incident and we
are not currently looking for anyone else in relation to it.
Speaker 2 (01:26):
Fifty people fifty people went to hospital for treatment. Eleven
are still there. This new aid distribution group that's backed
by the US and Israel has begun working in Gaza.
I'll tell you why they're controversial in a second. The
Gaza Humanitarian Foundations say food has reached secure sites, distributions underway.
Speaker 5 (01:44):
The UN is quite skeptical of this new aid organization
because of course forest displacement. If that is one of
the results of the aid hubs, that's a war crime.
Speaker 1 (01:57):
News and Views you Trust to start your day is
early edition with Ryan Bridge and one roof Make your
Property Search simple, News, Talk savvy.
Speaker 2 (02:07):
Couple of numbers for you this morning. Nine two ninety
two is the number to text. Would love to hear
from you. Couple of numbers for you. This is a
consumer confidence in the US bouncing back. I just love
the fact that we've been through a very topsy turvy
period and people are basically just shrugging their shoulders. So
Consumer Confidence Index. This is from the Conference Boards May
survey of consumers in the US Headline index jumped ninety
(02:29):
ninety eight, up from eighty five points seven on a
month earlier. This is the first increase, quite significant, first
increase since November last year. The analyst that expected it
to stay steady. It hasn't. It's gone up. The expectations
index has also gone up. That is good news. It
means that the consumer in the US, which is key
to the global economy because that's the biggest country in
(02:51):
the world. They buy lots of stuff the world seals
and lots of stuff. They still feel good, so I
still feel good. And China they don't care. They're just
getting on with business. So the industrial companies reporting higher
profits in April this was up industrial profit up three
percent year on year. It was two point six percent
year on year two March. And exports industry defiant strong,
(03:16):
shaking off a trade war. Who here is We're not listening,
which is all good news nine after five year on
news talks there b we'll get to the port of Auckland.
And also this run it straight death in Palmerston, North.
What does it change?
Speaker 1 (03:30):
The news you need this morning and the in depth
analysis early edition with Ryan Bridge and one roof make
your Property search simple.
Speaker 2 (03:38):
News talks b top of it morn in two year twelve,
after five year on news talks there B. I am
astonished by the number that the Port of Auckland, which
is council owned by the way monopoly Port of Auckland,
has put out to our poor truckies and by extension
us the consumer, because we'll end up paying more. So
the access fee to get into the port to go
and drop your goods off, will pick them up from
(04:00):
market is going up by seventy seven percent next year
they did say thirty five percent. Oh they changed your mind,
it's now seventy seven percent. It's insane. They were paying
one hundred and thirty bucks per visit for a truck
in twenty twenty five. The port originally suggested that go
up to one hundred and seventy five dollars. It's now
(04:21):
going to be two hundred and thirty dollars per truck
all up. That is an increase of twenty five million
dollars on the trucking industry. How do you justify that? Well,
they have and I'll tell you how and why. When
we speak to the truck he's next. It's twelve after five.
Brian Bradley, and nineteen year old has died from head
injuries after playing a run It Straight style game with
(04:43):
his mates last week. Professor Petrie Hume warned at the
risk to life letting these events continue, as she is
with us this morning, Human Performance Professor at aut Petraer,
Good morning, Patria. Can you hear me all right? Money
to come back to Patria? I can't quite get her
on the line MCNs. We will sort that out for us.
(05:05):
A very very sad thing, indeed, very very sad for
the family. And I can just imagine he went to
a parmesanrth boys high. I think I can just imagine
how the family is feeling. But I wonder what changes
when there's a death. Ideally it'll put other kids off
doing it. Right, I think we've got Patria back, Patria.
Can you hear me?
Speaker 4 (05:24):
I can right?
Speaker 2 (05:25):
Good morning, good morning. You predicted this last week. Sadly
your predictions come true.
Speaker 4 (05:32):
Yes, Ryan's death was prevengable. It was a backyard copycat
of the run at events which have been designed for
social media impact. And you know, people need to understand
the risks when two people are running at each other
under this run at style. It's like the forces are jumping,
like jumping off your house, you know, and landing flat
on your front. That's the level of trauma. And so
(05:52):
unfortunately Ryan has died. And I did warn about the
impact forces and that this could happen.
Speaker 2 (05:58):
The thing is, these are young boys, right, and I've
been a young boy before, and you do dumb stuff
and sometimes you get really hurt. Do you How do
you stop behavior like that because obviously they weren't listening
to you.
Speaker 6 (06:14):
No unfortunate at the moment.
Speaker 4 (06:15):
And it's everyone to make their own decision about what
activities they want to participation. So if you think about
skydiving that has a fatality rate of one gest and
one hundred thousand jumps, and paragliding you know, one death
and eleven thousand flights. Rugby Union and League actually death
rates are quite low, they're extremely rare, but we do
(06:36):
have high injury rates. My concern is for these run
it type events, we've already had one death so far
with only just about a month of promotion of the activity.
It's an extremely high risk activity. You're really rolling the
dice with your life and with your risk of injury
if you participate. People have said, oh, it's just like
(06:57):
bull rush. It is not like bull rush. Bull rush
you have someone who wants to tag and you're trying
to evade them. In this case, you've got two people
who are purposely running at each other with very high impact.
There is a very high risk of injury.
Speaker 2 (07:12):
There's a lot of people saying, oh, the police should
get more involved in stuff. I mean, what are they
going to do?
Speaker 4 (07:17):
Well, can actually intervene, particularly with events, so under the
Health and Safety at Work Adventure Activities Regulations twenty sixteen,
I mean, organizers, they're legally required to ensure health and
safety of participants, and as the public, we have a
moral duty to be able to protect them.
Speaker 2 (07:37):
Couldn't you then ban a rugby game? I mean, if
it's about the health and safety of participants and people
break their necks in rugby, we shouldn't be having rugby games,
you know what I mean.
Speaker 4 (07:47):
So if you think about rugby, it's got safety protocols
and it's got very clear governed rules to minimize harm
and protect athletes. You know, we've conducted over thirty years
of research, including with World Rugby and New Zealand Rugby
to try and reduce the risk of injury. And if
you look over the years, there have been changes to
(08:08):
the game to reduce injury risks. So doctor Ken Quarry,
the senior scientist from New Zealand Rugby, with his PhD,
he did studies to look at how you changed the
scrum and the scrum was depowered and it reduced the
incidence of neck injuries and severe spinal injuries. There's also
(08:28):
been changes to the height of the tackle. I remember
in twenty twelve I had a debate on TV with
Wally Lewis about the shoulder charges and why they should
be banned, and whially was completely against them being banned.
They have been banned for many, many years for very
good reason because they were inducing a lot of them jury.
Speaker 2 (08:48):
In patrial rules. Yes, those rules have changed, and some
would argue they have made the game boring. And you
get sports specifically like this popping up and you went
nuts because it gives people the first that they crave
for body combat.
Speaker 4 (09:09):
Yes, it's said of the said reality of human nature,
I mean the mixed martial arts. The death rates has
been twenty deaths recorded already in sanctioned events. So yes,
that's human nature. It's like we have wars as well,
but they are not desirable human attributes we should.
Speaker 2 (09:26):
Be don't exist, don't they?
Speaker 4 (09:28):
I mean public to come up with ideas. We need
events that are going to be really intellectually stimulating, develop
our minds and bodies that people really want to participate in,
that are not going to kill people.
Speaker 2 (09:40):
All right, Trea, I really appreciate you coming on the program. Patrue,
whom a human performance professor at aut time is eighteen
after five Get to the ports next.
Speaker 1 (09:47):
The first word on the News of the Day earlier
edition with Ryan Bridge and one Room, Make Your Property
Surgeon Symbol News Talks.
Speaker 2 (09:57):
Nine nine two the number of six. We'll get to
Westpac on the OCR full six. Auckland's Port is hiking
its access fees once again. From next year, the cost
will rise. It will increase seventy seven percent and twenty
twenty two freight distributors would pay around eight bucks a vehicle.
Next year, they'll be paying as much as two hundred
and thirty dollars a vehicle just in Taijumba's National Road
(10:17):
Carriers Association CEO with me this morning justin good.
Speaker 6 (10:20):
Morning, Good morning Ryan, thanks for having me on.
Speaker 2 (10:23):
They need to be profitable, that's their argument. They need
to be profitable and they need to get trucks off
the road during peak hours. Do you buy it.
Speaker 6 (10:31):
Yeah, Look, we accept that the port has to make
a fear out of return for its owners or can council,
and it hasn't been today. But that's why the port
has gone and said its forecast charges as part of
its commitment to return a dividen into the council under
the ten year long term plan. And so last year
the port said its pricing pathway, they put an access
(10:53):
charge forecast go up wapping thirty seven percent, and the
transport operators went happy with us, but they took breath
and said about telling their customers the bad news, hearing
billing system adjustments, you know, all of the admin work
that goes and behind that. What's happened this week is
the Porter's told them that thirty seven percent increases not enough.
It's going to be double to seventy seven percent, as
(11:14):
you say, And so transport operators absolutely fed up with
the increases, the lack of certainty. You administered a burden
and they're getting absolutely nothing back for this latest increase.
There's no improvement to services or anything like that.
Speaker 2 (11:27):
And guess what you've got nowhere else to go?
Speaker 6 (11:31):
That's right? What is it? Is a monopoly?
Speaker 2 (11:35):
What's the reaction been from the retailers? And who's going
to pay this cost? Because it's twenty five million bucks?
You reckon?
Speaker 6 (11:43):
Yeah, Look, there's about ten thousand containers going through each week.
That translates to just another twenty five million dollars taken
out of the system effectively. And what this does is
it hurts the exporters, manufacturers, importers, and ultimately it hits
you and I in the pockets so as consumers. So
you can think about the money go around. The port
(12:04):
sets up its charge, it gets passed through to a
transport operator, the then pass it through to freight border,
to the cargo owner, to retailer, and then ultimately we
pay for it. So yeah, there's a lot of frustration
all the way through that system. And the real issue
with this ryan is is that it's doing nothing to
lift our productivity as a nation, and in fact, every
(12:27):
dollar it goes on, these charges make our exports less competitive.
Speaker 2 (12:31):
They say, if you go off peak because they want
to get cars off the road at at peak times.
This is all can transport the owner, this is their goal.
They say, if you go off peak, it's half priced.
Why can't you do more journeys at nights and weekends.
Speaker 6 (12:46):
Yeah, Look in transport operators would love to operate more
off peak, and it's easier time to operate. There's less traffic.
Obviously it's more efficient. But there's actually a couple of
key impediments to that happening. And one around the areas
where all of these goods are being delivered, the distribution centers, etc.
There are often covenants from the council about noise, so
(13:08):
trucks noise abatement, so trucks can't drive down roads after
particular hours at night. The other is actually we don't
have the workforce set up. Walkland still a relatively small city.
We're not big enough to move to a twenty four
hour city model where you've got twenty four hour distribution
centers running because we just simply don't have the workforce.
We don't have enough people who are prepared to work
(13:29):
those hours. So there's real structural limitations here. So getting
up the price to get that shift is ultimately going
to bang into those limitations.
Speaker 2 (13:39):
Justin appreciate your time. Justin timbers a, Chief executive, National
Road Carriers Association. You're on News Talk CB. We'll get
more on the run at straight death. This poor young
guy in Palmerston North next Also just after we'll get
to our reporter Rap and Gavin Graham the UK on
this driver into the Liverpool football parade apparently had drugs
in his them and there's facing charges.
Speaker 1 (14:02):
The early edition full the show podcast on iHeartRadio power
by News.
Speaker 2 (14:06):
Talks at B five twenty six News Talks It Big.
What happened in Palmeston North with this young man was
obviously an absolute tragedy. We don't know exactly what happened.
It was linked to another viral challenge. The sad reality
is stuff like this will happen again and again and again,
and the campaigners and the professionals will warn about the
(14:27):
dangers and then kids will be kids, and another craze
will come along and somebody else will get hurt or die.
Ten years ago, remember the planking challenge.
Speaker 7 (14:36):
Planking turned deadly for one twenty year old Australian man
as he fell to his death or early Sunday morning,
trying to plank on a thin balcony railing seven stories high.
This is the first known death as a result of planking,
but with its rising appeal, police are worried more serious
injuries will follow. The question is will this phenomenon catch
on big here in the States.
Speaker 2 (14:57):
The next thing to come along with skin art, where
young people paint sunscreen on some parts of their bodies
and burn the rest in the sun.
Speaker 8 (15:05):
It only takes one bad sunburn before the age of
eighteen to double your risk of melanoma, and if you
have more than five sunburns over your lifetime, you have
an eighty percent chance of getting a skin cancer.
Speaker 2 (15:18):
This American family lost their son to the infamous blackout challenge,
where kids choke themselves all their friends for fun.
Speaker 6 (15:26):
Our soun teens was fourteen years old and passed away
due to one of these social media challenges.
Speaker 9 (15:33):
Kent was a great kid.
Speaker 10 (15:34):
He had a lot going for him, many friends, very popular.
His friends have been in shock like everybody else in
our family.
Speaker 2 (15:44):
Since the beginning of time, teenagers, especially boys, have played bullrush,
drink to excess, driven cars way too fast. Frontal lobes
don't develop properly until the age of twenty five. That's
when reason overtakes risk in the brain and your behavior changes.
If you ask me honestly if society can ever prevent
these tragedies from happening again, I would say, look at
(16:07):
the numbers, look at the trends, and look at the
social media algorithms. Of course we can't. But more than that,
that overwhelming urge when you are young to experiment with danger,
to push the boundaries in life, to just goof off
with your mates, that urge has existed since the dawn
of time and doesn't appear to be going anywhere in
(16:28):
a hurry. All we can do, really is, individuals is
offer our sincere condolences to this poor family and hope
that others will learn a lesson from his death. Bridge
it is twenty eight minutes after five. We're going to
get to well, get some more out of King Charles.
He didn't write the speech, of course, it was Carne
that writes it, and he delivers it from the Canada's parliament.
(16:51):
So we'll get more out of King Charles. We'll go
to the UK find out more about the Liverpool parade driver.
What exactly was he doing? Volvos cut a bunch of jobs,
which I think is interesting because there is such ugly
boxy cars. Just a personal preference thing. And we'll get
to our reporters around the country too. News Talks MB.
Speaker 1 (17:33):
Get ahead of the headlines on early edition with Ryan
Bridge and one roof Make your Property search Simple News
Talk ZIBB.
Speaker 2 (17:46):
Good morning, twenty four away from Sexier on News Talk ZIBB.
Wednesday the twenty eighth, made great to have your company
this morning. We'll get to Westpac just before six on
the OCR announcement today. What are we expecting? B n
Z dropped their rates yesterday, So do we think the
other big boys will follow suit boys girls? Whatever you
should say these days big days, I don't know. Now
(18:07):
Volvo or Before we get to Volvo, we were talking
about support of Auckland, which is councilon. It's a monopoly
and they're increasing their charges by seventy seven percent next
year because two reasons. One they need to make a profit,
which I think is fair enough. But second the council
has told them get the trucks off the roads at
peak hours there's too much traffic, so they've dropped the rate.
(18:28):
The rate will be half off peak as what it
is on peak. So that's what they're trying to do. Now.
Part of the problem is when you know the trucks
don't just appear in Auckland and then get to Port.
They're going to drive up and down the country. And
driving up and down this country, you will know those
signs that say no engine breaking please. There are places
where trucks aren't really welcome at nighttime because people are
(18:50):
trying to sleep. So do we get rid of those rules?
Do you live on a main road? How would you
feel about getting rid of the engine breaking rules if
it meant that the country could go fast, productivity could
increase and you could do a bit all be it
a sleepless night for this country's economic growth. It is
twenty three minutes away from Sex and I screwed up
in the wrong piece of paper, which means my reporter's
(19:11):
one is here. Clum Proctor is into need in this morning. Clum,
good morning morning. Right now you got the merger for
the Big Council. Yeah, Look, there's.
Speaker 11 (19:20):
A growing support for this in South and the four
existing councils. It's proposed is to merge them into two
unitary authorities. South n Federated Farmers now the latest group
to back this idea first suggested by the local mayor,
Rob's Scott Environments South and announced its support last week.
It's estimated that this proposal could save the region at
least ten million dollars. The Federated Farmer's president, Jason Herricks
(19:44):
is having these two unitary authorities would ensure that rural
funding doesn't disappear completely into city priorities. And the Local
Government Commission will decide next month whether it's to proceed
with this investigation.
Speaker 2 (19:55):
Interesting Fred Farmers is on board. How's your weather.
Speaker 11 (19:59):
It's cloudy today. Not Eastlei's developing and thirteen.
Speaker 2 (20:01):
Nice one Cullum Clears and christ Church clear good morning,
good morning. You're trying to get just every first place
you can get out of the city now potentially going
to be the loudest city.
Speaker 10 (20:11):
In New Zealand, much to some people's disgrace. Ryan, Yes, Look,
christ Church City councilors have been discussing several options about
potentially increasing the noise restriction in christ Church's central city.
This has been ongoing for some years. Here, of course,
we've got the likes of Takaha Stadium and a whole
bunch of new hospitality precincts opening with that though, and
post quake there's a lot of central housing options too.
(20:35):
There's been years now of live music venues saying that
you know, these restrictions are going to drive them out
of business.
Speaker 9 (20:41):
They'll have to shut down.
Speaker 12 (20:43):
Residents.
Speaker 10 (20:43):
In twenty twenty three, though said that noise was the
number one issue they had about living centrally. Now we've
heard that the preferred option is to lift to the
CBD to sixty five decibel LAEQ. Now that's a measure
of continuous sound. The limit here has until now been
sixty that's the same is what the unlimited restriction is
(21:04):
for both Auckland and Wellington. So we want to go
up to sixty five. The public, though, we'll get a
say on this. Plans for public consultation will open in
the next few weeks.
Speaker 2 (21:12):
Okay, can you discover us an idea of what sixty
five might sound like?
Speaker 10 (21:15):
And I wouldn't want to put you through at.
Speaker 2 (21:17):
Ryan Truarly in the morning, how's my husband? How's your weather?
Speaker 10 (21:21):
Mostly cloudy rain in the evening, northeasterly is becoming strong
and thirteen nice unclear.
Speaker 2 (21:26):
Thank you, Maxis and Wellington. Hey Max, good morning the
Crown Observer. You've got new observations again. Leaked.
Speaker 13 (21:33):
Yeah, this is a leaked memo from Lindsay Mackenzie. He's
been issuing a warning about party politics around the council
table and Wellington. He's been observing issues regarding leadership obviously
very low public trust at the moment. He warns that
trust can be eroded when a counselor is perceived to
be making decisions based on party policies rather than their
(21:55):
electorate's best interests. Recent polling in the city found almost
a third of us don't want party politics, sorry two
thirds at a council level. A lot of berating in
this city in the past year year and a half,
as well as when certain councilors don't vote the way
their colleagues want them to. The failed airport shares sale
created a lot of bad blood. For instance, too much pillarying.
(22:18):
That's a word used by Mackenzie. I'm struggling to say it.
Pillarying for the way counselors are voting from their colleagues.
Speaker 2 (22:24):
One more time, Max, Oh God, pillarying. Now that it's
weird to say, how's your weather?
Speaker 13 (22:33):
Mostly overcast, a little rain this afternoon, strong winds as well.
Speaker 2 (22:36):
Nice Ron, Hey, thanks Max and Ney of us an Orkneva.
Good morning.
Speaker 9 (22:39):
Good diction there from Max Pillory.
Speaker 2 (22:42):
Pillarying, pillarying. Yeah it is hard, hey wyuku. Yes, they
raised crossings. They're raising some eyebrows.
Speaker 9 (22:49):
Correct, So Franklin Local Board member Garry Holmes, he's claiming
that this Queen Street crossing is going to cost four
hundred thousand dollars, and he's also saying that the installation
will close the road for nearly thirty days. Homes are saying, look,
there are other options. There's the rubber options that could
be installed, which would be cheaper and quicker. We've gone
to at and at SIS. It's project teams going to
(23:11):
work through concerns and also the possible solutions with the
Franklin Local Board. And this will happen in a workshop
apparently before it progresses any further.
Speaker 2 (23:19):
All right, well that's good. They drive me insane. I
was actually they're building one around my house at the moment,
and I'm stuck in traffic waiting for it to be built.
And then you know, once it's built, you're going to
have more traffic. And I was just daydreaming about putting
a beanie on and putting a face mask on in
the nighttime and doing something with a bulldozer or a jigger.
Speaker 9 (23:41):
Was you know, it's so tempting to do something like that.
Speaker 2 (23:45):
Wouldn't you like to do that? A bit of vigilant.
Speaker 9 (23:47):
And usually when they say it's going to be finished
and blah blah blah time it'll be constructed, Well that's
a big fat lie because then it takes another it's
always delayed.
Speaker 2 (23:55):
Where's my wrecking ball?
Speaker 13 (23:56):
Yeah, well, you know, in a.
Speaker 9 (23:58):
Way, Thank goodness, you get up early in the morning,
and you could do things like that.
Speaker 2 (24:01):
Actually, we imagine the little spree we could go.
Speaker 9 (24:05):
I could join you. I will join you do that
instead of coming to work.
Speaker 2 (24:09):
We shouldn't obviously, of course we shouldn't know, et cetera.
How's the weather, Well, not a.
Speaker 9 (24:14):
Good day to do things like that. It's cloudy and
there could be some showers later rain in the afternoon.
Nineteen is the high in Auckland.
Speaker 2 (24:21):
And never I forgot to tell you, but we get
so many you know, this herald show that we're doing
in the morning, oh years, and you read the news,
and you're on camera reading the news, and I always say, oh,
you know the voice, but have you seen how hot
she is?
Speaker 9 (24:33):
Oh ah, cheeky monkey.
Speaker 2 (24:36):
So many Neva love hearing because it is.
Speaker 9 (24:40):
A radio bullet, you know. So sometimes I'm just sitting there.
You I don't move a lot. I've heard I'm motionless.
Speaker 2 (24:46):
But that's what you're reading this, That's what I do.
You doing your job?
Speaker 9 (24:48):
Should I Should I wave my arms around today? Okay?
Speaker 2 (24:52):
Well you do just randomly?
Speaker 9 (24:56):
Ah?
Speaker 2 (24:57):
Hey, thanks, Neva, you're doing great job. Seventeen away from
sex news talks, you'd.
Speaker 1 (25:00):
Be international correspondence with ins andn Eye Insurance peace of
mind for New Zealand business.
Speaker 2 (25:07):
It has just gotten fourteen away from six Kevin Gray
are UK europe correspondent given good morning to you. Uncomfortable
questions for the police after how on earth when you
know there's going to be a big parade like this,
How on earth a car gets through a crowd of people?
Speaker 14 (25:21):
Yeah, we've had an update on a second press conference
there Ryan about of course, those who are out on
the streets of Liverpool in Northwest England celebrating Liverpool Football
Club's Premiership title and as you said, car managed to
get right into the city center in an area that
was closed off to vehicles. Well, today, at this second
(25:42):
press conference, we've had an update on the number of
people who went to hospital. That was twenty seven yesterday.
Now it's said fifty people were treated at hospitals. Eleven
remain in hospital but are in a stable condition and recovering. Well,
I guess those are probably people that walked in as
well as we're taken by ambulance. Anyway, we're also being
(26:02):
told that a suspect is from the West Derby area
of Liverpool and has been arrested on suspicion of attempted murder,
dangerous driving offenses and driving while unfit through drugs. He's
a fifty three year old British ban who was believed
to be local. Now about that car getting into this area, well,
we were told that there was quote a robust traffic
(26:24):
management plan in place, So how did the car get in. Well,
they're working on the theory that the driver of the
Ford Galaxy car that crashed into so many people was
able to follow an ambulance that had gone to the
area to treat somebody with a suspected heart attack and
the roadblock was temporarily lifted and the driver of the
(26:47):
Ford Galaxy apparently followed them through.
Speaker 2 (26:50):
Goodness, mate, that makes you sick, doesn't it.
Speaker 7 (26:52):
Now?
Speaker 2 (26:52):
KFC has announced planes to create seven thousand new jobs
across the UK. What's with that?
Speaker 14 (26:59):
Yeah, well it's inter and out burga day today actually
for you guys, twenty eighth of May. But Kentucky Fried
Chicken is certainly making all the headlines here in the
UK with a creation of seven thousand new jobs and
a one point five billion pounds so about three point
three billion New Zealand dollar investment over five years in
(27:19):
UK and Ireland. It's getting a very competitive market, the
chicken market because there's new kids on the block, Popeyes,
famed for catering for the singer Beyonce and rapper Jay
Z's wedding in two thousand and nine and others as
well coming into this fast food particular outlet in the UK.
(27:40):
It's a massive, massive market, with UK spending almost six
billion New Zealand dollars on fried chicken from fast food
shops in the year to the twentieth of April. It's
big business and that's why Kentucky Fried chicken looking at
more sites and more people being employed, asked whether there
were those people ready to fill the vacancies. Absolutely, and
(28:03):
indeed there are a number of people here in the UK,
not in education or training or studying, who could certainly
fit the bill.
Speaker 2 (28:12):
I see you've had an upgrade from the IMF on
your growth forecast too, so that a little plan to
it too, no doubt, Gavin, Thank you for that. Gavin
Gray are UK Europe, corresponding eleven minutes away from five o'clock,
Brandge six o'clock. Excuse me now, it's o our day today.
That's why I'm all excited and all over the place.
Where are those numbers going to go? Twenty five basis
point cut is on the cards? That would take us
to three point twenty five percent? Westpac chief economist, Kelly,
(28:34):
you're cold with me, Kelley, Good morning, Good morning. Hey.
They're going to go down, aren't they? How low will
they go? Though? That's the question, isn't it?
Speaker 15 (28:42):
Well? Today I think we get the twenty five point
cut from universally expected and had been pretty well signaled previously.
After that, though, I think there's quite a bit more debate,
quite a lot of the data that's come out last
few months hasn't really surprised negatively, the Reserve Bank very much.
It really depends a lot on how much weight they
(29:04):
put on that international outlook.
Speaker 2 (29:06):
That's the big question here, isn't it. Because your non
tradable inflation is coming down, You've got CPI within band,
so you know, and to what extent because below three
percent you're starting to get expansionary, Right, to what extent
is the Reserve Bank meant to just keep cranking growth?
Speaker 15 (29:26):
Well, they're it's not on the mandate at all, right,
it's all been changed to be solely focused on inflation.
And I think the problem they've got here is in
the short term, like if you look at inflation forecast
for the next year, inflation's actually nudging three percent again,
So when you're seeing that sort of profile, you wouldn't
normally expect them.
Speaker 4 (29:45):
To cut rates very far.
Speaker 15 (29:46):
So hence you know, we've got a forecast suggest that
they'll get down to about three percent and finish the year.
But after that, if you look through its next year,
if this global environment looks really weak, then inflation could
fall back quite rapidly. So hence you've got some commentators
talking about maybe rates getting to two and a half
a cent.
Speaker 2 (30:06):
Then you're into real guessing work, though, aren't you.
Speaker 15 (30:09):
Well, we're always in the guessing stage now, and we've
got to remember that this easing cycle was very well advanced.
You know, we've had two hundred points of easing. We'll
be getting up towards two hundred and twenty five, maybe
even a bit more as you go through the next
few months. I think it's fair to say it's not
just simply a case of closing your eyes and picking
a rate cat. You're going to have to start thinking
(30:30):
about pauses, and at some stage it will stop.
Speaker 2 (30:34):
So what do we do right now if we're waiting
for the bottom.
Speaker 15 (30:39):
Well, for borrowers, I mean basically, what usually happens is
people go back to picking the lowest rate on the curve,
don't they. So all the mortgage rates have adjusted down
quite considerably. You know, usually at this stage that's when
people start moving sort of out of the very short
rates into something a bit longer, so that they can
lock in current rates for a while. I think there's
(31:00):
any prospect of rate hikes coming into the calculations for
quite some time. But you know, the idea, for example,
that the mulgat rates go down into the very low
force or into the three starts to look a little
bit speakilative thing and least something really bad happens.
Speaker 2 (31:18):
Which, as we have learned from history and even recent history,
can happen. Kelly, appreciate your time this morning, Kelly E.
Cold westpactive economist with US News Talks. He'd be eight
to six.
Speaker 1 (31:30):
On your radio and online on iHeartRadio Early Edition with
Ryan Bridge and one roof Make Your Property Search Simple
Youth Talks.
Speaker 2 (31:39):
That'd be the carmakers having a tough time of it.
Volvo has cut around three thousand jobs that announced yesterday
as Sweden based, but it's Chinese owned the mainly office positions.
Fifteen percent of their white collar workforce will be gone.
Problems the tariffs, the higher cost of materials, and the
slowest sales. Global sales to April were down eleven sent
(32:00):
compared to the same time last year. Apparently nothing can
do with the fact that the cars aren't that pretty.
Five to six, Crying Bridge Morning, Mike, Greetings to you.
Speaker 12 (32:11):
Tesla sales are down forty nine percent in Europe and
byd are having to discount, but nevertheless are now beating
Tesla over a very short period of time.
Speaker 2 (32:21):
They're getting big subsidies, aren't they.
Speaker 12 (32:24):
It's a funny thing, isn't it That It was what's
his name's offsider, Buffett's offsider who got into BYD very
early on, and he said, what the Chinese have done
with the car market compared with Tesla is astonishing. They've
done it and comparatively speaking, five and a half minutes,
which took Tesla for decades to come to a conclusion.
And suddenly they're in the market dominating.
Speaker 2 (32:44):
And there's more of them, there's a bigger range, they
look better.
Speaker 12 (32:47):
Do you know the problem's going to be And I've
said this many times before, So there are so many
there's one hundred manufacturers in China of well known manufacturers
of BB's one hundred. So you name me ninety seven
of them you can't. Of course, you can name me
B y D and maybe you can do Gely, maybe
you can do MG. That's them, right. So you're going
to go into France and you're going to buy your
(33:07):
new Chinese EP and a week and a half lay
that company is going to be gone because and then.
Speaker 1 (33:13):
You can't have it.
Speaker 12 (33:14):
You can't have one hundred car manufacturers forever. What are
you going to do about the parts? What's the value
of your car?
Speaker 2 (33:19):
How do you get if that cheap, you just buy
another one.
Speaker 12 (33:22):
Well, that's that's what Jeremy Clarkson says. Clarkson says, these
things are just white goods on wheels now, so it
is like a fridge.
Speaker 2 (33:30):
I wonder though all of the Chinese businesses that have
been buying up you know, Volvos owned by the Chinese,
So you've got the Chinese competing with the Chinese. Yes,
that so.
Speaker 12 (33:41):
The whole thing's just going to eat itself and you're
going to be left with a handful of producers in
ten year's time and hopefully you chose the right car
and you can get it serviced and it's worth something.
Trade Minister this morning, by the way, got a whole
bunch of data out on the trade how well we're doing.
Think the Good Lord will look at the Reserve Bank
as well and what they're going to do. You know
the shadow board. Some people are saying twenty five, some
(34:01):
people saying fifty, some people saying none.
Speaker 2 (34:03):
And these are experts.
Speaker 12 (34:05):
Shows you how uncertain times.
Speaker 2 (34:06):
Are Yeah twenty five. See you tomorrow
Speaker 1 (34:14):
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 inside Ryan Bridge on
early edition with one roof make your Property search Simple,
News Talks B.
Speaker 2 (00:12):
Good morning, it is six alf to five year on
News Talk, said B. Coming up on the program this morning.
It's ocr day, so we'll talk to Westpac. Of course
b n Z moved some of their rates yesterday. Gavin
Graham the UK for US Liverpool driver could have had
drugs in his system. They reckon the port of Auckland.
A massive fee hike for them. It's all got to
do with Auckland's traffic. We'll tell you about that. Plus
(00:33):
the run at straight game death and Trump says bad
things would have happened to Putin if it wasn't for him.
Speaker 1 (00:42):
The agenda.
Speaker 2 (00:43):
Wednesday, the twenty eighth of May, the King's given a
speech to Canada's Parliament.
Speaker 3 (00:48):
The Prime Minister and the President of the United States
have begun defining a new economic and security relationship between
Canada and the United States, rooted in neutral respect and
founded on common interests to deliver transformational benefits for both
sovereign nations.
Speaker 2 (01:09):
Now this Liverpool football parade drivers arrested on suspicion of
attempted murder and suspicion of driving dangerously on drugs.
Speaker 4 (01:18):
We believe this to be an isolated incident and we
are not currently looking for anyone else in relation to it.
Speaker 2 (01:26):
Fifty people fifty people went to hospital for treatment. Eleven
are still there. This new aid distribution group that's backed
by the US and Israel has begun working in Gaza.
I'll tell you why they're controversial in a second. The
Gaza Humanitarian Foundations say food has reached secure sites, distributions underway.
Speaker 5 (01:44):
The UN is quite skeptical of this new aid organization
because of course forest displacement. If that is one of
the results of the aid hubs, that's a war crime.
Speaker 1 (01:57):
News and Views you Trust to start your day is
early edition with Ryan Bridge and one roof Make your
Property Search simple, News, Talk savvy.
Speaker 2 (02:07):
Couple of numbers for you this morning. Nine two ninety
two is the number to text. Would love to hear
from you. Couple of numbers for you. This is a
consumer confidence in the US bouncing back. I just love
the fact that we've been through a very topsy turvy
period and people are basically just shrugging their shoulders. So
Consumer Confidence Index. This is from the Conference Boards May
survey of consumers in the US Headline index jumped ninety
(02:29):
ninety eight, up from eighty five points seven on a
month earlier. This is the first increase, quite significant, first
increase since November last year. The analyst that expected it
to stay steady. It hasn't. It's gone up. The expectations
index has also gone up. That is good news. It
means that the consumer in the US, which is key
to the global economy because that's the biggest country in
(02:51):
the world. They buy lots of stuff the world seals
and lots of stuff. They still feel good, so I
still feel good. And China they don't care. They're just
getting on with business. So the industrial companies reporting higher
profits in April this was up industrial profit up three
percent year on year. It was two point six percent
year on year two March. And exports industry defiant strong,
(03:16):
shaking off a trade war. Who here is We're not listening,
which is all good news nine after five year on
news talks there b we'll get to the port of Auckland.
And also this run it straight death in Palmerston, North.
What does it change?
Speaker 1 (03:30):
The news you need this morning and the in depth
analysis early edition with Ryan Bridge and one roof make
your Property search simple.
Speaker 2 (03:38):
News talks b top of it morn in two year twelve,
after five year on news talks there B. I am
astonished by the number that the Port of Auckland, which
is council owned by the way monopoly Port of Auckland,
has put out to our poor truckies and by extension
us the consumer, because we'll end up paying more. So
the access fee to get into the port to go
and drop your goods off, will pick them up from
(04:00):
market is going up by seventy seven percent next year
they did say thirty five percent. Oh they changed your mind,
it's now seventy seven percent. It's insane. They were paying
one hundred and thirty bucks per visit for a truck
in twenty twenty five. The port originally suggested that go
up to one hundred and seventy five dollars. It's now
(04:21):
going to be two hundred and thirty dollars per truck
all up. That is an increase of twenty five million
dollars on the trucking industry. How do you justify that? Well,
they have and I'll tell you how and why. When
we speak to the truck he's next. It's twelve after five.
Brian Bradley, and nineteen year old has died from head
injuries after playing a run It Straight style game with
(04:43):
his mates last week. Professor Petrie Hume warned at the
risk to life letting these events continue, as she is
with us this morning, Human Performance Professor at aut Petraer,
Good morning, Patria. Can you hear me all right? Money
to come back to Patria? I can't quite get her
on the line MCNs. We will sort that out for us.
(05:05):
A very very sad thing, indeed, very very sad for
the family. And I can just imagine he went to
a parmesanrth boys high. I think I can just imagine
how the family is feeling. But I wonder what changes
when there's a death. Ideally it'll put other kids off
doing it. Right, I think we've got Patria back, Patria.
Can you hear me?
Speaker 4 (05:24):
I can right?
Speaker 2 (05:25):
Good morning, good morning. You predicted this last week. Sadly
your predictions come true.
Speaker 4 (05:32):
Yes, Ryan's death was prevengable. It was a backyard copycat
of the run at events which have been designed for
social media impact. And you know, people need to understand
the risks when two people are running at each other
under this run at style. It's like the forces are jumping,
like jumping off your house, you know, and landing flat
on your front. That's the level of trauma. And so
(05:52):
unfortunately Ryan has died. And I did warn about the
impact forces and that this could happen.
Speaker 2 (05:58):
The thing is, these are young boys, right, and I've
been a young boy before, and you do dumb stuff
and sometimes you get really hurt. Do you How do
you stop behavior like that because obviously they weren't listening
to you.
Speaker 6 (06:14):
No unfortunate at the moment.
Speaker 4 (06:15):
And it's everyone to make their own decision about what
activities they want to participation. So if you think about
skydiving that has a fatality rate of one gest and
one hundred thousand jumps, and paragliding you know, one death
and eleven thousand flights. Rugby Union and League actually death
rates are quite low, they're extremely rare, but we do
(06:36):
have high injury rates. My concern is for these run
it type events, we've already had one death so far
with only just about a month of promotion of the activity.
It's an extremely high risk activity. You're really rolling the
dice with your life and with your risk of injury
if you participate. People have said, oh, it's just like
(06:57):
bull rush. It is not like bull rush. Bull rush
you have someone who wants to tag and you're trying
to evade them. In this case, you've got two people
who are purposely running at each other with very high impact.
There is a very high risk of injury.
Speaker 2 (07:12):
There's a lot of people saying, oh, the police should
get more involved in stuff. I mean, what are they
going to do?
Speaker 4 (07:17):
Well, can actually intervene, particularly with events, so under the
Health and Safety at Work Adventure Activities Regulations twenty sixteen,
I mean, organizers, they're legally required to ensure health and
safety of participants, and as the public, we have a
moral duty to be able to protect them.
Speaker 2 (07:37):
Couldn't you then ban a rugby game? I mean, if
it's about the health and safety of participants and people
break their necks in rugby, we shouldn't be having rugby games,
you know what I mean.
Speaker 4 (07:47):
So if you think about rugby, it's got safety protocols
and it's got very clear governed rules to minimize harm
and protect athletes. You know, we've conducted over thirty years
of research, including with World Rugby and New Zealand Rugby
to try and reduce the risk of injury. And if
you look over the years, there have been changes to
(08:08):
the game to reduce injury risks. So doctor Ken Quarry,
the senior scientist from New Zealand Rugby, with his PhD,
he did studies to look at how you changed the
scrum and the scrum was depowered and it reduced the
incidence of neck injuries and severe spinal injuries. There's also
(08:28):
been changes to the height of the tackle. I remember
in twenty twelve I had a debate on TV with
Wally Lewis about the shoulder charges and why they should
be banned, and whially was completely against them being banned.
They have been banned for many, many years for very
good reason because they were inducing a lot of them jury.
Speaker 2 (08:48):
In patrial rules. Yes, those rules have changed, and some
would argue they have made the game boring. And you
get sports specifically like this popping up and you went
nuts because it gives people the first that they crave
for body combat.
Speaker 4 (09:09):
Yes, it's said of the said reality of human nature,
I mean the mixed martial arts. The death rates has
been twenty deaths recorded already in sanctioned events. So yes,
that's human nature. It's like we have wars as well,
but they are not desirable human attributes we should.
Speaker 2 (09:26):
Be don't exist, don't they?
Speaker 4 (09:28):
I mean public to come up with ideas. We need
events that are going to be really intellectually stimulating, develop
our minds and bodies that people really want to participate in,
that are not going to kill people.
Speaker 2 (09:40):
All right, Trea, I really appreciate you coming on the program. Patrue,
whom a human performance professor at aut time is eighteen
after five Get to the ports next.
Speaker 1 (09:47):
The first word on the News of the Day earlier
edition with Ryan Bridge and one Room, Make Your Property
Surgeon Symbol News Talks.
Speaker 2 (09:57):
Nine nine two the number of six. We'll get to
Westpac on the OCR full six. Auckland's Port is hiking
its access fees once again. From next year, the cost
will rise. It will increase seventy seven percent and twenty
twenty two freight distributors would pay around eight bucks a vehicle.
Next year, they'll be paying as much as two hundred
and thirty dollars a vehicle just in Taijumba's National Road
(10:17):
Carriers Association CEO with me this morning justin good.
Speaker 6 (10:20):
Morning, Good morning Ryan, thanks for having me on.
Speaker 2 (10:23):
They need to be profitable, that's their argument. They need
to be profitable and they need to get trucks off
the road during peak hours. Do you buy it.
Speaker 6 (10:31):
Yeah, Look, we accept that the port has to make
a fear out of return for its owners or can council,
and it hasn't been today. But that's why the port
has gone and said its forecast charges as part of
its commitment to return a dividen into the council under
the ten year long term plan. And so last year
the port said its pricing pathway, they put an access
(10:53):
charge forecast go up wapping thirty seven percent, and the
transport operators went happy with us, but they took breath
and said about telling their customers the bad news, hearing
billing system adjustments, you know, all of the admin work
that goes and behind that. What's happened this week is
the Porter's told them that thirty seven percent increases not enough.
It's going to be double to seventy seven percent, as
(11:14):
you say, And so transport operators absolutely fed up with
the increases, the lack of certainty. You administered a burden
and they're getting absolutely nothing back for this latest increase.
There's no improvement to services or anything like that.
Speaker 2 (11:27):
And guess what you've got nowhere else to go?
Speaker 6 (11:31):
That's right? What is it? Is a monopoly?
Speaker 2 (11:35):
What's the reaction been from the retailers? And who's going
to pay this cost? Because it's twenty five million bucks?
You reckon?
Speaker 6 (11:43):
Yeah, Look, there's about ten thousand containers going through each week.
That translates to just another twenty five million dollars taken
out of the system effectively. And what this does is
it hurts the exporters, manufacturers, importers, and ultimately it hits
you and I in the pockets so as consumers. So
you can think about the money go around. The port
(12:04):
sets up its charge, it gets passed through to a
transport operator, the then pass it through to freight border,
to the cargo owner, to retailer, and then ultimately we
pay for it. So yeah, there's a lot of frustration
all the way through that system. And the real issue
with this ryan is is that it's doing nothing to
lift our productivity as a nation, and in fact, every
(12:27):
dollar it goes on, these charges make our exports less competitive.
Speaker 2 (12:31):
They say, if you go off peak because they want
to get cars off the road at at peak times.
This is all can transport the owner, this is their goal.
They say, if you go off peak, it's half priced.
Why can't you do more journeys at nights and weekends.
Speaker 6 (12:46):
Yeah, Look in transport operators would love to operate more
off peak, and it's easier time to operate. There's less traffic.
Obviously it's more efficient. But there's actually a couple of
key impediments to that happening. And one around the areas
where all of these goods are being delivered, the distribution centers, etc.
There are often covenants from the council about noise, so
(13:08):
trucks noise abatement, so trucks can't drive down roads after
particular hours at night. The other is actually we don't
have the workforce set up. Walkland still a relatively small city.
We're not big enough to move to a twenty four
hour city model where you've got twenty four hour distribution
centers running because we just simply don't have the workforce.
We don't have enough people who are prepared to work
(13:29):
those hours. So there's real structural limitations here. So getting
up the price to get that shift is ultimately going
to bang into those limitations.
Speaker 2 (13:39):
Justin appreciate your time. Justin timbers a, Chief executive, National
Road Carriers Association. You're on News Talk CB. We'll get
more on the run at straight death. This poor young
guy in Palmerston North next Also just after we'll get
to our reporter Rap and Gavin Graham the UK on
this driver into the Liverpool football parade apparently had drugs
in his them and there's facing charges.
Speaker 1 (14:02):
The early edition full the show podcast on iHeartRadio power
by News.
Speaker 2 (14:06):
Talks at B five twenty six News Talks It Big.
What happened in Palmeston North with this young man was
obviously an absolute tragedy. We don't know exactly what happened.
It was linked to another viral challenge. The sad reality
is stuff like this will happen again and again and again,
and the campaigners and the professionals will warn about the
(14:27):
dangers and then kids will be kids, and another craze
will come along and somebody else will get hurt or die.
Ten years ago, remember the planking challenge.
Speaker 7 (14:36):
Planking turned deadly for one twenty year old Australian man
as he fell to his death or early Sunday morning,
trying to plank on a thin balcony railing seven stories high.
This is the first known death as a result of planking,
but with its rising appeal, police are worried more serious
injuries will follow. The question is will this phenomenon catch
on big here in the States.
Speaker 2 (14:57):
The next thing to come along with skin art, where
young people paint sunscreen on some parts of their bodies
and burn the rest in the sun.
Speaker 8 (15:05):
It only takes one bad sunburn before the age of
eighteen to double your risk of melanoma, and if you
have more than five sunburns over your lifetime, you have
an eighty percent chance of getting a skin cancer.
Speaker 2 (15:18):
This American family lost their son to the infamous blackout challenge,
where kids choke themselves all their friends for fun.
Speaker 6 (15:26):
Our soun teens was fourteen years old and passed away
due to one of these social media challenges.
Speaker 9 (15:33):
Kent was a great kid.
Speaker 10 (15:34):
He had a lot going for him, many friends, very popular.
His friends have been in shock like everybody else in
our family.
Speaker 2 (15:44):
Since the beginning of time, teenagers, especially boys, have played bullrush,
drink to excess, driven cars way too fast. Frontal lobes
don't develop properly until the age of twenty five. That's
when reason overtakes risk in the brain and your behavior changes.
If you ask me honestly if society can ever prevent
these tragedies from happening again, I would say, look at
(16:07):
the numbers, look at the trends, and look at the
social media algorithms. Of course we can't. But more than that,
that overwhelming urge when you are young to experiment with danger,
to push the boundaries in life, to just goof off
with your mates, that urge has existed since the dawn
of time and doesn't appear to be going anywhere in
(16:28):
a hurry. All we can do, really is, individuals is
offer our sincere condolences to this poor family and hope
that others will learn a lesson from his death. Bridge
it is twenty eight minutes after five. We're going to
get to well, get some more out of King Charles.
He didn't write the speech, of course, it was Carne
that writes it, and he delivers it from the Canada's parliament.
(16:51):
So we'll get more out of King Charles. We'll go
to the UK find out more about the Liverpool parade driver.
What exactly was he doing? Volvos cut a bunch of jobs,
which I think is interesting because there is such ugly
boxy cars. Just a personal preference thing. And we'll get
to our reporters around the country too. News Talks MB.
Speaker 1 (17:33):
Get ahead of the headlines on early edition with Ryan
Bridge and one roof Make your Property search Simple News
Talk ZIBB.
Speaker 2 (17:46):
Good morning, twenty four away from Sexier on News Talk ZIBB.
Wednesday the twenty eighth, made great to have your company
this morning. We'll get to Westpac just before six on
the OCR announcement today. What are we expecting? B n
Z dropped their rates yesterday, So do we think the
other big boys will follow suit boys girls? Whatever you
should say these days big days, I don't know. Now
(18:07):
Volvo or Before we get to Volvo, we were talking
about support of Auckland, which is councilon. It's a monopoly
and they're increasing their charges by seventy seven percent next
year because two reasons. One they need to make a profit,
which I think is fair enough. But second the council
has told them get the trucks off the roads at
peak hours there's too much traffic, so they've dropped the rate.
(18:28):
The rate will be half off peak as what it
is on peak. So that's what they're trying to do. Now.
Part of the problem is when you know the trucks
don't just appear in Auckland and then get to Port.
They're going to drive up and down the country. And
driving up and down this country, you will know those
signs that say no engine breaking please. There are places
where trucks aren't really welcome at nighttime because people are
(18:50):
trying to sleep. So do we get rid of those rules?
Do you live on a main road? How would you
feel about getting rid of the engine breaking rules if
it meant that the country could go fast, productivity could
increase and you could do a bit all be it
a sleepless night for this country's economic growth. It is
twenty three minutes away from Sex and I screwed up
in the wrong piece of paper, which means my reporter's
(19:11):
one is here. Clum Proctor is into need in this morning. Clum,
good morning morning. Right now you got the merger for
the Big Council. Yeah, Look, there's.
Speaker 11 (19:20):
A growing support for this in South and the four
existing councils. It's proposed is to merge them into two
unitary authorities. South n Federated Farmers now the latest group
to back this idea first suggested by the local mayor,
Rob's Scott Environments South and announced its support last week.
It's estimated that this proposal could save the region at
least ten million dollars. The Federated Farmer's president, Jason Herricks
(19:44):
is having these two unitary authorities would ensure that rural
funding doesn't disappear completely into city priorities. And the Local
Government Commission will decide next month whether it's to proceed
with this investigation.
Speaker 2 (19:55):
Interesting Fred Farmers is on board. How's your weather.
Speaker 11 (19:59):
It's cloudy today. Not Eastlei's developing and thirteen.
Speaker 2 (20:01):
Nice one Cullum Clears and christ Church clear good morning,
good morning. You're trying to get just every first place
you can get out of the city now potentially going
to be the loudest city.
Speaker 10 (20:11):
In New Zealand, much to some people's disgrace. Ryan, Yes, Look,
christ Church City councilors have been discussing several options about
potentially increasing the noise restriction in christ Church's central city.
This has been ongoing for some years. Here, of course,
we've got the likes of Takaha Stadium and a whole
bunch of new hospitality precincts opening with that though, and
post quake there's a lot of central housing options too.
(20:35):
There's been years now of live music venues saying that
you know, these restrictions are going to drive them out
of business.
Speaker 9 (20:41):
They'll have to shut down.
Speaker 12 (20:43):
Residents.
Speaker 10 (20:43):
In twenty twenty three, though said that noise was the
number one issue they had about living centrally. Now we've
heard that the preferred option is to lift to the
CBD to sixty five decibel LAEQ. Now that's a measure
of continuous sound. The limit here has until now been
sixty that's the same is what the unlimited restriction is
(21:04):
for both Auckland and Wellington. So we want to go
up to sixty five. The public, though, we'll get a
say on this. Plans for public consultation will open in
the next few weeks.
Speaker 2 (21:12):
Okay, can you discover us an idea of what sixty
five might sound like?
Speaker 10 (21:15):
And I wouldn't want to put you through at.
Speaker 2 (21:17):
Ryan Truarly in the morning, how's my husband? How's your weather?
Speaker 10 (21:21):
Mostly cloudy rain in the evening, northeasterly is becoming strong
and thirteen nice unclear.
Speaker 2 (21:26):
Thank you, Maxis and Wellington. Hey Max, good morning the
Crown Observer. You've got new observations again. Leaked.
Speaker 13 (21:33):
Yeah, this is a leaked memo from Lindsay Mackenzie. He's
been issuing a warning about party politics around the council
table and Wellington. He's been observing issues regarding leadership obviously
very low public trust at the moment. He warns that
trust can be eroded when a counselor is perceived to
be making decisions based on party policies rather than their
(21:55):
electorate's best interests. Recent polling in the city found almost
a third of us don't want party politics, sorry two
thirds at a council level. A lot of berating in
this city in the past year year and a half,
as well as when certain councilors don't vote the way
their colleagues want them to. The failed airport shares sale
created a lot of bad blood. For instance, too much pillarying.
(22:18):
That's a word used by Mackenzie. I'm struggling to say it.
Pillarying for the way counselors are voting from their colleagues.
Speaker 2 (22:24):
One more time, Max, Oh God, pillarying. Now that it's
weird to say, how's your weather?
Speaker 13 (22:33):
Mostly overcast, a little rain this afternoon, strong winds as well.
Speaker 2 (22:36):
Nice Ron, Hey, thanks Max and Ney of us an Orkneva.
Good morning.
Speaker 9 (22:39):
Good diction there from Max Pillory.
Speaker 2 (22:42):
Pillarying, pillarying. Yeah it is hard, hey wyuku. Yes, they
raised crossings. They're raising some eyebrows.
Speaker 9 (22:49):
Correct, So Franklin Local Board member Garry Holmes, he's claiming
that this Queen Street crossing is going to cost four
hundred thousand dollars, and he's also saying that the installation
will close the road for nearly thirty days. Homes are saying, look,
there are other options. There's the rubber options that could
be installed, which would be cheaper and quicker. We've gone
to at and at SIS. It's project teams going to
(23:11):
work through concerns and also the possible solutions with the
Franklin Local Board. And this will happen in a workshop
apparently before it progresses any further.
Speaker 2 (23:19):
All right, well that's good. They drive me insane. I
was actually they're building one around my house at the moment,
and I'm stuck in traffic waiting for it to be built.
And then you know, once it's built, you're going to
have more traffic. And I was just daydreaming about putting
a beanie on and putting a face mask on in
the nighttime and doing something with a bulldozer or a jigger.
Speaker 9 (23:41):
Was you know, it's so tempting to do something like that.
Speaker 2 (23:45):
Wouldn't you like to do that? A bit of vigilant.
Speaker 9 (23:47):
And usually when they say it's going to be finished
and blah blah blah time it'll be constructed, Well that's
a big fat lie because then it takes another it's
always delayed.
Speaker 2 (23:55):
Where's my wrecking ball?
Speaker 13 (23:56):
Yeah, well, you know, in a.
Speaker 9 (23:58):
Way, Thank goodness, you get up early in the morning,
and you could do things like that.
Speaker 2 (24:01):
Actually, we imagine the little spree we could go.
Speaker 9 (24:05):
I could join you. I will join you do that
instead of coming to work.
Speaker 2 (24:09):
We shouldn't obviously, of course we shouldn't know, et cetera.
How's the weather, Well, not a.
Speaker 9 (24:14):
Good day to do things like that. It's cloudy and
there could be some showers later rain in the afternoon.
Nineteen is the high in Auckland.
Speaker 2 (24:21):
And never I forgot to tell you, but we get
so many you know, this herald show that we're doing
in the morning, oh years, and you read the news,
and you're on camera reading the news, and I always say, oh,
you know the voice, but have you seen how hot
she is?
Speaker 9 (24:33):
Oh ah, cheeky monkey.
Speaker 2 (24:36):
So many Neva love hearing because it is.
Speaker 9 (24:40):
A radio bullet, you know. So sometimes I'm just sitting there.
You I don't move a lot. I've heard I'm motionless.
Speaker 2 (24:46):
But that's what you're reading this, That's what I do.
You doing your job?
Speaker 9 (24:48):
Should I Should I wave my arms around today? Okay?
Speaker 2 (24:52):
Well you do just randomly?
Speaker 9 (24:56):
Ah?
Speaker 2 (24:57):
Hey, thanks, Neva, you're doing great job. Seventeen away from
sex news talks, you'd.
Speaker 1 (25:00):
Be international correspondence with ins andn Eye Insurance peace of
mind for New Zealand business.
Speaker 2 (25:07):
It has just gotten fourteen away from six Kevin Gray
are UK europe correspondent given good morning to you. Uncomfortable
questions for the police after how on earth when you
know there's going to be a big parade like this,
How on earth a car gets through a crowd of people?
Speaker 14 (25:21):
Yeah, we've had an update on a second press conference
there Ryan about of course, those who are out on
the streets of Liverpool in Northwest England celebrating Liverpool Football
Club's Premiership title and as you said, car managed to
get right into the city center in an area that
was closed off to vehicles. Well, today, at this second
(25:42):
press conference, we've had an update on the number of
people who went to hospital. That was twenty seven yesterday.
Now it's said fifty people were treated at hospitals. Eleven
remain in hospital but are in a stable condition and recovering. Well,
I guess those are probably people that walked in as
well as we're taken by ambulance. Anyway, we're also being
(26:02):
told that a suspect is from the West Derby area
of Liverpool and has been arrested on suspicion of attempted murder,
dangerous driving offenses and driving while unfit through drugs. He's
a fifty three year old British ban who was believed
to be local. Now about that car getting into this area, well,
we were told that there was quote a robust traffic
(26:24):
management plan in place, So how did the car get in. Well,
they're working on the theory that the driver of the
Ford Galaxy car that crashed into so many people was
able to follow an ambulance that had gone to the
area to treat somebody with a suspected heart attack and
the roadblock was temporarily lifted and the driver of the
(26:47):
Ford Galaxy apparently followed them through.
Speaker 2 (26:50):
Goodness, mate, that makes you sick, doesn't it.
Speaker 7 (26:52):
Now?
Speaker 2 (26:52):
KFC has announced planes to create seven thousand new jobs
across the UK. What's with that?
Speaker 14 (26:59):
Yeah, well it's inter and out burga day today actually
for you guys, twenty eighth of May. But Kentucky Fried
Chicken is certainly making all the headlines here in the
UK with a creation of seven thousand new jobs and
a one point five billion pounds so about three point
three billion New Zealand dollar investment over five years in
(27:19):
UK and Ireland. It's getting a very competitive market, the
chicken market because there's new kids on the block, Popeyes,
famed for catering for the singer Beyonce and rapper Jay
Z's wedding in two thousand and nine and others as
well coming into this fast food particular outlet in the UK.
(27:40):
It's a massive, massive market, with UK spending almost six
billion New Zealand dollars on fried chicken from fast food
shops in the year to the twentieth of April. It's
big business and that's why Kentucky Fried chicken looking at
more sites and more people being employed, asked whether there
were those people ready to fill the vacancies. Absolutely, and
(28:03):
indeed there are a number of people here in the UK,
not in education or training or studying, who could certainly
fit the bill.
Speaker 2 (28:12):
I see you've had an upgrade from the IMF on
your growth forecast too, so that a little plan to
it too, no doubt, Gavin, Thank you for that. Gavin
Gray are UK Europe, corresponding eleven minutes away from five o'clock,
Brandge six o'clock. Excuse me now, it's o our day today.
That's why I'm all excited and all over the place.
Where are those numbers going to go? Twenty five basis
point cut is on the cards? That would take us
to three point twenty five percent? Westpac chief economist, Kelly,
(28:34):
you're cold with me, Kelley, Good morning, Good morning. Hey.
They're going to go down, aren't they? How low will
they go? Though? That's the question, isn't it?
Speaker 15 (28:42):
Well? Today I think we get the twenty five point
cut from universally expected and had been pretty well signaled previously.
After that, though, I think there's quite a bit more debate,
quite a lot of the data that's come out last
few months hasn't really surprised negatively, the Reserve Bank very much.
It really depends a lot on how much weight they
(29:04):
put on that international outlook.
Speaker 2 (29:06):
That's the big question here, isn't it. Because your non
tradable inflation is coming down, You've got CPI within band,
so you know, and to what extent because below three
percent you're starting to get expansionary, Right, to what extent
is the Reserve Bank meant to just keep cranking growth?
Speaker 15 (29:26):
Well, they're it's not on the mandate at all, right,
it's all been changed to be solely focused on inflation.
And I think the problem they've got here is in
the short term, like if you look at inflation forecast
for the next year, inflation's actually nudging three percent again,
So when you're seeing that sort of profile, you wouldn't
normally expect them.
Speaker 4 (29:45):
To cut rates very far.
Speaker 15 (29:46):
So hence you know, we've got a forecast suggest that
they'll get down to about three percent and finish the year.
But after that, if you look through its next year,
if this global environment looks really weak, then inflation could
fall back quite rapidly. So hence you've got some commentators
talking about maybe rates getting to two and a half
a cent.
Speaker 2 (30:06):
Then you're into real guessing work, though, aren't you.
Speaker 15 (30:09):
Well, we're always in the guessing stage now, and we've
got to remember that this easing cycle was very well advanced.
You know, we've had two hundred points of easing. We'll
be getting up towards two hundred and twenty five, maybe
even a bit more as you go through the next
few months. I think it's fair to say it's not
just simply a case of closing your eyes and picking
a rate cat. You're going to have to start thinking
(30:30):
about pauses, and at some stage it will stop.
Speaker 2 (30:34):
So what do we do right now if we're waiting
for the bottom.
Speaker 15 (30:39):
Well, for borrowers, I mean basically, what usually happens is
people go back to picking the lowest rate on the curve,
don't they. So all the mortgage rates have adjusted down
quite considerably. You know, usually at this stage that's when
people start moving sort of out of the very short
rates into something a bit longer, so that they can
lock in current rates for a while. I think there's
(31:00):
any prospect of rate hikes coming into the calculations for
quite some time. But you know, the idea, for example,
that the mulgat rates go down into the very low
force or into the three starts to look a little
bit speakilative thing and least something really bad happens.
Speaker 2 (31:18):
Which, as we have learned from history and even recent history,
can happen. Kelly, appreciate your time this morning, Kelly E.
Cold westpactive economist with US News Talks. He'd be eight
to six.
Speaker 1 (31:30):
On your radio and online on iHeartRadio Early Edition with
Ryan Bridge and one roof Make Your Property Search Simple
Youth Talks.
Speaker 2 (31:39):
That'd be the carmakers having a tough time of it.
Volvo has cut around three thousand jobs that announced yesterday
as Sweden based, but it's Chinese owned the mainly office positions.
Fifteen percent of their white collar workforce will be gone.
Problems the tariffs, the higher cost of materials, and the
slowest sales. Global sales to April were down eleven sent
(32:00):
compared to the same time last year. Apparently nothing can
do with the fact that the cars aren't that pretty.
Five to six, Crying Bridge Morning, Mike, Greetings to you.
Speaker 12 (32:11):
Tesla sales are down forty nine percent in Europe and
byd are having to discount, but nevertheless are now beating
Tesla over a very short period of time.
Speaker 2 (32:21):
They're getting big subsidies, aren't they.
Speaker 12 (32:24):
It's a funny thing, isn't it That It was what's
his name's offsider, Buffett's offsider who got into BYD very
early on, and he said, what the Chinese have done
with the car market compared with Tesla is astonishing. They've
done it and comparatively speaking, five and a half minutes,
which took Tesla for decades to come to a conclusion.
And suddenly they're in the market dominating.
Speaker 2 (32:44):
And there's more of them, there's a bigger range, they
look better.
Speaker 12 (32:47):
Do you know the problem's going to be And I've
said this many times before, So there are so many
there's one hundred manufacturers in China of well known manufacturers
of BB's one hundred. So you name me ninety seven
of them you can't. Of course, you can name me
B y D and maybe you can do Gely, maybe
you can do MG. That's them, right. So you're going
to go into France and you're going to buy your
(33:07):
new Chinese EP and a week and a half lay
that company is going to be gone because and then.
Speaker 1 (33:13):
You can't have it.
Speaker 12 (33:14):
You can't have one hundred car manufacturers forever. What are
you going to do about the parts? What's the value
of your car?
Speaker 2 (33:19):
How do you get if that cheap, you just buy
another one.
Speaker 12 (33:22):
Well, that's that's what Jeremy Clarkson says. Clarkson says, these
things are just white goods on wheels now, so it
is like a fridge.
Speaker 2 (33:30):
I wonder though all of the Chinese businesses that have
been buying up you know, Volvos owned by the Chinese,
So you've got the Chinese competing with the Chinese. Yes,
that so.
Speaker 12 (33:41):
The whole thing's just going to eat itself and you're
going to be left with a handful of producers in
ten year's time and hopefully you chose the right car
and you can get it serviced and it's worth something.
Trade Minister this morning, by the way, got a whole
bunch of data out on the trade how well we're doing.
Think the Good Lord will look at the Reserve Bank
as well and what they're going to do. You know
the shadow board. Some people are saying twenty five, some
(34:01):
people saying fifty, some people saying none.
Speaker 2 (34:03):
And these are experts.
Speaker 12 (34:05):
Shows you how uncertain times.
Speaker 2 (34:06):
Are Yeah twenty five. See you tomorrow
Speaker 1 (34:14):
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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