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April 2, 2025 • 100 mins

On the Heather du Plessis-Allan Drive Full Show Podcast for Wednesday, 2 April 2025, a review has found a litany of failures led to an 11 year-old being mistaken for a woman in her 20s, restrained and drugged. Ryan Bridge speaks to chief medical officer Dr Richard Sullivan.

Maori Party MPs will get another chance to front up to the Parliamentary Privileges Committee, but Act MP David Seymour says their pay should be cut for not turning up in the first place.

Weightloss doctor Dr Lara Courtenay speaks about the new Ozempic-like weightloss drug that's just been approved.

Is the housing market just about to take off? Property investment expert Ed McKnight has the inside word.

Plus, the Huddle debates why the majority of us regret their career choice.

Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts.

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Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:02):
Digging through the spin spins to find the real story.
Or here's Ryan Bridge on Heather dupers Ellen Drive with
one New Zealand. Let's get connected and news talks.

Speaker 2 (00:12):
That'd be good. Afternoon. It is seven after four. Trump's
about to play god with the global economy. We're across
all the details of Liberation Day. This afternoon, health en
zed fronts on the case of mistaken identity. Turns out
they gave the girl adult drugs. We'll look at housing
as well, the markets, some early signs of a slow
takeoff for them. And Chris pink is here with a

(00:34):
crackdown on cowboy builders before end of seven. Brian Bridge Wellington.
Here we go again. Wellington is to New Zealand what
San Francisco is to the United States. They're both hilly,
earthquake prone, lovely character homes, stunning harbor views. Sadly, they're

(00:55):
both socialist run cities. And when I say run, I
mean run into the ground. And if you haven't visited
Sandfraan lately, it's because your travel agent will recommend you don't.
Downtown there's crime and beggars. It's so bad. In fact,
workers in Nancy Pelosi's federal building were ordered to work
from home. A Sanfran's standard newspaper report sums it up

(01:16):
quite nicely. I thought, bloody side walks, knife attacks and
a corpse. What workers face outside Nancy's building? Wellingtonian's do
you share the pain? Do you feel the pain? Are
you both failed cities or at least broken cities? Today
we learned why business people quit the mayor's so called

(01:38):
business advisory group. Basically, she and her staff weren't actually
listening to them. One prominent leader said the Golden Mile
project was essentially a business and vibe killer. Three years
of disruption in business closures, nearly one hundred million dollars
and for what a new bike lane in a footpath?
They've opted for cycle ways over sewerage, kindness not cops,

(02:00):
and for the homeless, red tape not roofs overheads. I
interviewed Tory Faro during her campaign for mayre. She promised
at the time twenty thousand new homes in Wellington along
the corridor of a project labour promised but never delivered.
Guess what. The homes haven't been either. Sanfran had the

(02:23):
infamous three million dollar toilet, a single public toilet in
a city neighborhood. This is not a joke. Thirteen square
meters and it would have taken them three years to
design and build. Yes, one loo, one very expensive pooh.
The public found out about this only because city officials

(02:44):
were planning a launch party in the town square to
celebrate the funding being secured. Just the funding being secured,
nothing actually delivered. Does this sound familiar to you? Luckily,
for the good folk of San Francisco, the thing was
never built. Eventually, private businesses got involved and the job
was done for three hundred thousand dollars. So what was

(03:04):
the cost about building? Permits, planning laws, consultation? You see
where I'm going here. Not all of these problems can
be sold by a mayor or a local MP. But
there's a theme, isn't there. Wellington and San Francisco are
socialist sister cities, failed by their leaders, elected on a

(03:24):
platform of hope, promise and competence, and under delivery.

Speaker 3 (03:30):
Spray and bridge.

Speaker 2 (03:32):
It's ten after four news talks. Mb a popular weight
loss drug made famous by its celebrity users, has been
approved by Medsafe Today We're gov. A sister drug of
ozempic has proven effective to help people lose up to
five percent of their weight. Doctor Lara Courtney is a
GP and a bariatric physician at the Weightless Clinic in

(03:53):
Auckland and she's with me now, good afternoon.

Speaker 4 (03:56):
Hi.

Speaker 2 (03:57):
So this way go v. This is for weight loss
as opposed to diabetes, which is the ozempic one. Is
that right?

Speaker 5 (04:05):
Yes, it's the same medication as ozepic, but it's there
have been trials done and it's been rebranded as we
go be, so it's exactly the same drug, just at
different doses based on the trials.

Speaker 2 (04:17):
And this is for weight loss. So how big would
you have to be to get this way? Goov?

Speaker 5 (04:23):
I don't actually know what the rules are yet in
New Zealand, but for sexender, which is Lyra glue Tide,
which is a similar type of medication that's a once
a day injectible, you have to be a BMI over
thirty or a BMI of over twenty seven with a
comorbidity related to obesity. So I'm not sure what the
rules will be yet, but I'm assuming it will be similar.

Speaker 2 (04:47):
Okay, so you have to you have to be pretty
serious on the on the obesity spectrum in order to
get this. Still, it's not like you, you know, I
want to lose a few pounds. I've gone to the
gym for a week.

Speaker 5 (04:57):
I'll try Waygovy, No, no, no, it's not like that at all.
And actually all the trials are done with lifestyle change
and an increase in physical activity. So whoever's doing the
prescribing should be also talking to you about diet change
and lifestyle change. So it has actually indicated for all
the studies we're actually done with a very low calorie

(05:19):
diet alongside increase in exercise. So whoever goes on it
should be doing all those things together. You can't just
take the medication and expect it to sort of change
your life.

Speaker 2 (05:29):
What does the medication do then, Does it make you
eat less or does it make you eat better or both?

Speaker 5 (05:36):
So I've actually had quite a few patients who have
sourced this medication from overseas over the last few years,
so I've spoken to them about it, and it makes
you feel full throughout the day. What a lot of
patients say it does is it reduces their food noise
and when you eat, you don't want to eat as
large a volumes. But the risk is we don't want

(05:56):
people not eating, and I think that has been happening
over seat We've got people going really high doses, not
managed by a comprehensive team, and then just not eating.
But the whole point of this is to take it
and then eat a healthier balanced diet while you're on
it and lose weight in a healthy way.

Speaker 2 (06:15):
Are there long term side effects we don't know about yet.

Speaker 5 (06:20):
There could be. I mean these are new medications. The
other medication that I talked about earlier has been around
about ten years. But in terms of what they're finding
out recently about we GOV and ozimpic is that you
might get a reduction in muscle mass if you're on
it long term. So I think it is important again
that we start implementing chicking people's muscle mass. In Australia,

(06:42):
they're checking what's called a grip strength test and doing
those body composition scans. So I think we just do
need to now check that patients that are being monitored
while they're on it, because it has been abused overseas.

Speaker 2 (06:54):
That's interesting because muscle mass is obviously very important. If
you go over the age of fifty sixty your seventies,
you need muscle, otherwise you're fall We know that's a
that's a big problem right.

Speaker 5 (07:05):
Totally, So we shouldn't be deconditioning people. They should be
getting stronger and healthier. And also also the medications overseas
and no are being used. You would have seen for
the oscars and things like that for weight loss, but
that's not what it's indicated for. So hopefully in New
Zealand doctors stick to the prescribing rules.

Speaker 2 (07:24):
What does it cost?

Speaker 5 (07:26):
Oh, I don't actually know. In Australia they do have
a pricing schedule, but sex enters around five fifty a months,
so it should be similar to that.

Speaker 2 (07:38):
And it's not fun.

Speaker 5 (07:39):
They haven't released it.

Speaker 2 (07:40):
It's not going to be fun as far as we know.
Farmac's not going to fund it, so it'll be up
to you totally.

Speaker 5 (07:46):
Yeah, it'll it'll be up to the patient to pay.

Speaker 2 (07:48):
Is this Is this a drug you would take as
opposed to getting bariatric surgery.

Speaker 5 (07:55):
I think there are some calculations you can do. It
depends about how much weight loss you needed to achieve.
So I think if you're needing to if your BMIs
over thirty five, you qualify the bariertric surgery. Often, if
you add up the amount of months you need to
be on this medicine, it is better to be on
barriage to have bariatric surgery. So, but for some people

(08:16):
it definitely will be an alternative.

Speaker 2 (08:19):
Do you think it could be abused here? Will doctors
start handing it out like candy?

Speaker 5 (08:24):
I hope not, but that is a risk that's happened overseas.

Speaker 2 (08:28):
Fascinating stuff. Thanks very much for coming on the show
explaining that to a doctor. Lara Courtney, GP and bariatric
physician at the Weightless Clinic and All Clinic just gone
quarter past four News Talks. Eb I do want to
let you know, well a couple of things. First of all,
Wagovi has come out and said to get this drug
you have and people described it as a miracle drug.
To get this you have to be overweight, and there's

(08:49):
a definition you can look up for that, but you
have to be overweight and you have to have a
comorbidity like high cholesterol or diabetes or heart disease or
something like that in theory overseas. I mean, I've got
friends who are on it in Australia and they just
go around the fancy suburbs of Melbourne and Sydney, and
they go to the right doctors and they just ask
for it and they get it, despite the fact they've

(09:11):
probably not got a lot wrong with them other than
they want to lose some weight. Now, doctor Lara has
taken money. I wanted to make this clear to everyone.
Taken money to speak on behalf of both these drug companies.
She told me she does it for educational purposes. She
works at a private clinic doing this stuff. They don't
give out scripts, Willie Nelly. There they have to go.
You have to get to a doctor, go to a

(09:31):
dietician first, all that kind of stuff. But just interesting
that doctors can get money from big farmer in New Zealand.
I didn't realize it was a thing. But there is
a register. It's not illegal here, you just have to
declare it. There's a register. Doctors and health professionals got
about six hundred thousand dollars in total from thirteen companies
in twenty twenty three. So there you go. David Seymour

(09:52):
says the Maori Party shouldn't be paid while they don't
front to this all powerful privileges committee that doesn't appear
to have much power. We'll talk to Jason Wall's out
of parliament before well after four forty and we will
talk to David Seymour after five.

Speaker 1 (10:06):
It's the heather Tops. See Allen Drive Full Show podcast
on iHeartRadio powered by News Talks.

Speaker 2 (10:12):
That'd be news Talks had been nineteen minutes after four.
Darcy's he was sport Darcy, good afternoon.

Speaker 6 (10:17):
I'm watching the cricket.

Speaker 2 (10:19):
Who's winning?

Speaker 1 (10:20):
We are?

Speaker 6 (10:20):
I want to say we, I mean the black Caps
because I've got nothing to do with in any way.

Speaker 2 (10:24):
Shape or form.

Speaker 6 (10:25):
I managed to score a reasonable amount of runs. The
two new openers rolled in and scored like very very fast.
This is unfortunately they kind of ran out of about
the fifty run mark. Then it slowed right up and
then they put on a squirt towards the very end.
So New Zealand ended up scoring two hundred and ninety two.

(10:47):
It's pretty handy, are considering the slack metal that they
had and Parker Stan have started off with stagger are
They are twenty seven for three, but they have been
smashed around. Duffy and O'Rourke having a field out there.
They're moving around on a string pretty much plenty of

(11:07):
edges from Pakistan. They're only what coming up ten overs
in and they're running it less than three and over
the couple of bats and at the moment Risuan Salman
are on four and nine, so they're making pretty light
work of it. Although insane, man, it's cricket, so a
couple of good partnerships and maybe New Zealand's tail or

(11:30):
head drops a wee bit, but the way they're running
right now, what there is twoudred sixty five needed off
two hundred and forty balls to keep that momentum up
during the rest of this inning, I'd suggest would be
far too difficult.

Speaker 2 (11:43):
And well, who are you doing on it tonight? What
are you talking about tonight?

Speaker 6 (11:46):
I'm not going anywhere near the cricket. I will have
someone on at the end of the game. We're talking
to about that game.

Speaker 7 (11:52):
Man.

Speaker 6 (11:52):
We're going to be talking to Debbie Sorenson. She's the
acting CEO of Amana pussy Ka because Super Rugby. We've
spent so many years beating this thing with a stick
and kicking it while it's down the rules and O good.

Speaker 2 (12:05):
And now it's going well and now and people are watching.

Speaker 6 (12:07):
Were halfway through it say maybe it's just time we
turned around and went, you know what, you guys have
got it right.

Speaker 2 (12:12):
This is a fantastic well but they did change it.
They did change it, didn't they There's been a lot
of rule tweaks going on.

Speaker 6 (12:17):
They to the people and this is what the new
commissioner has done. They've come out and said, you know what,
we actually don't know what do you guys want? It's gone, well,
actually we quite like this. They've gone all right, let's
do something about it.

Speaker 2 (12:30):
And let's keep it. I know, yes, all right, we're
celebrating super duper rugby on with tonight after seven. You're
on news talks here, b So we'll get to Jason
Wall's out of Parliament on the multi party stuff, because
they're meant to be turning up for this committee but
they're not going to. So the committee's going to meet anyway.
What's the point in that, well, presumably to hand out
a punishment. What should the punishment be for not turning

(12:52):
up to get your you know, your telling off in
the naughty chair? David Seymour says your pay should be cut.
So we'll talk about that after four thirty. Will also
be to the US as well. Dan Mitchison standing by
News Talks HEB.

Speaker 1 (13:05):
Moving the big stories of the d forward. It's Ryan
Bridge on, Heather Duper see Ellen drive with one New
Zealand let's get connected.

Speaker 2 (13:14):
News talks 'b for twenty five. So this girl, this
eleven year old girl that the health en Z people
mistook for a twenty year old woman, well they've made
good on their word. They said they get through a
report in a couple of days and it's been well
just over a week. So they've released their findings and
we're going to speak to Health Things at after five o'clock.
But basically what they did when the girl came into ED,

(13:37):
the nurses and ED are obviously quite onto it. They said,
this is not an eleven year old girl. We think
this looks sorry, this is not a twenty year old woman.
We think this looks more like an eleven year old girl.
So they saw it when they walked in. But then
the police said, oh no, this you know, we've done
this process and everyone just from then on what makes

(13:58):
this whole situation worse. And the new thing that we
learned today is the drugs that they gave her are
not drugs you give to a child, they're drugs you
give to an adult, which makes the whole thing so
much worse health and sat on the show after five.
It's four twenty six. A lot of people talking about
ozempic face. If you don't know what ozempic faces. That's

(14:18):
the weight loss drug. But it's a common side effect
where it can basically sag and age your skin in
your face. You lose all the fat. Suddenly your face
has got too much skin. You look wrinkly and haggard.
And if you've seen Scream the movies, it's a bit
like that, the mask, and they all have it in Hollywood.
Anyone who watches the Real Housewives of Beverly Hills, which

(14:41):
I may or may not do from occasion, love all
got it. It's pretty gross. And if you are going
to use ozempic, don't get filler beforehand, wait till afterwards,
because that all just starts rolling around in your head.
Very odd. In the US, Senator Kobe sorry, Corey Booker,
he's broken the record for the longest ever speech on

(15:02):
the Senate floor. It was twenty five hours straight. This
is how it ended.

Speaker 8 (15:06):
Our founder said we must mutually pledge pledge to each
other our lives, our fortunes, and our sacred honor. We
need that now from all Americans. This is a moral morment.
It's not left or right, it's right or wrong. My friend,
Madam President, I yield the floor.

Speaker 2 (15:25):
I mean politics aside. Impressive feet twenty five hours on
your feet with no wheez. Dan Mitchison after.

Speaker 1 (15:32):
News, recamping the day's big news and making tomorrow's headlines.
It's Ryan Bridge on Hither Duper see Ellen drive with
one New Zealand let's get connected news talk Hibbet.

Speaker 2 (15:55):
Twenty five away from five Newstalk ZIBB. Dan Mitchison, who's
a US correspondent standing by, we'll get to him shortly. First,
we've got some OAA documents. This is from Janee Tipstraney
at the Herald. She's with us after six, by the way,
but she's managed to get her hands on these fascinating
little documents that reveal what went on behind the scenes
when adrian Or was quitting. It's Nicola Willis obviously in

(16:18):
adrian Or. So they have a meeting on February the
twenty fourth, and the purpose of the meeting. We're not
told what the purpose of the meeting is and they
are at pains to not tell the media what the
purpose of the meeting is. So we still don't know that.
We don't know that from the documents. But then March
fifth all resigns. There's text toing and throwing in the meantime.

(16:39):
Interesting the questions that the media people prepared for Nikola Willis.
So this is on, you know, you'll get some media
questions on this. Here are some suggested questions and answers.
So the line of questioning for Nicola willis did you
ever have disagreements with Adrian or the answer, I'm not
going to discuss what happens in meetings, blah blah blah.
The next question, which the press secretary suggested as a

(17:03):
follow up, could be did the governor ever raise his
voice with you? Willis was advised to respond, as I've said,
my relationship blah blah blah batted away basically, So I
don't know how or why that made it in there,
but you would have to suspect that there would be
a reason, wouldn't you do. They put the same line

(17:24):
of questioning for every person Nikola Willis has ever interacted with,
twenty four away from five it's.

Speaker 1 (17:31):
The world wires on news talks, he'd be drive.

Speaker 2 (17:35):
Well, it's all batten down the hatches. Time for leaders
around the world. Trump's tarifs are coming tomorrow. Here's Canadian
PM Mark Carney, as I.

Speaker 9 (17:42):
Mean, clearer to President Trump than our.

Speaker 2 (17:44):
Call last week. I will reject.

Speaker 10 (17:46):
I will reject all attempts to weaken Canada, all attempts
to wear us down, to break us down so that
America can honus.

Speaker 7 (17:57):
That will never ever happen.

Speaker 2 (17:59):
All right, what about in Mexico with Schoenbahm.

Speaker 9 (18:02):
We do not believe in an eye for an eye,
a tooth for a tooth, because that always leads to.

Speaker 2 (18:07):
A bad situation. Over in Australia, Dutton's getting involved.

Speaker 10 (18:11):
If I needed to have a fight with Donald Trump
or any other world leader to advance our nation's interests,
I'd do it in a heartbeat. I'll put the Americans
on notice and anyone else who seeks to act against
our national interest like.

Speaker 2 (18:25):
A physical fight. Do we want to clarify that? Finally,
this afternoon, Hollywood director Oliver Stone has asked the US
Congress to reopen the investigation into the jfk assassination. Stone
famously wrote and directed the nineteen ninety one through JFK,
A movie where it turns out that Kennedy was killed
by a shadowy conspiracy involving the mafia. The CIA and

(18:46):
the Vice President Stone testified to Congress today we.

Speaker 11 (18:49):
Do not know and are not allowed to know anything
about the CIA's true history of the United States, which
is almost I believe the real story.

Speaker 2 (19:03):
Well it but sort of undermine the CIA, wouldn't it
if you told it? Everybody everything, all the time. It's
twenty two.

Speaker 1 (19:10):
To five International Correspondence with ends and Eye Insurance Peace
of mind for New Zealand business.

Speaker 2 (19:17):
Dan Madison's at US corresponding Dan Good out into you,
Hey Good afternoon, Right, So Liberation Day is NIA. Has
anything been leaked or anything been supplied by the White
House as to what might happen.

Speaker 12 (19:30):
No, he's going to give a he being the president,
we'll be talking about this tomorrow afternoon Eastern time. And
simply put, we're expecting him to say. You know what
we've heard him say for weeks and weeks now. He
wants us to buy more goods made in the USA.
He wants to make it more expensive for companies from overseas.
Or across the border to ship things over here. So

(19:51):
starting tomorrow, he's going to target countries the charge fees
on US imports. And we'll call it what it is.
I mean, this is a tax.

Speaker 2 (19:57):
It's a tax.

Speaker 12 (19:58):
It's not going to be absorbed by retailers or mom
and pop businesses. It's going to be added on to
what we all pay when we buy a car or
anything that's imported.

Speaker 2 (20:08):
Yeah, we're going to look at this after five on
the program, just for people to get a sense of
what it might mean here in New Zealand. But in
the States, the US prosecutor is the case of Luigi Manngioni.
This is the guy accused of assassinating the health insurance
boss that are going after the death penalty.

Speaker 12 (20:25):
They are Attorney General Pambondi today said that they're going
to seek the death penalty for him. And this is
if he is convicted on the capital murdered charges. And
basically this goes back to the December shooting of the
CEO United Healthcare CEO Brian Thompson in Manhattan. So Mangioni
is pleaded not guilty to the state charges. He was

(20:47):
charged in a federal criminal complaint he has not been
indicted on those charges or entered a plea. And really,
I mean, this is not unexpected. The Trump administration had
said that they were going to try to go after
the death penalty for any cases where it is is
it applicable? And I think this is the first real
high profile one that we've seen since Donald Trump came

(21:09):
into office back in January.

Speaker 2 (21:11):
Now, this guy who got up and did the twenty
five hour space on the Senate floor, it's over now.
So he lasted twenty for us, But so can you
just confirm for us he didn't tag break, didn't go
to the toilet, and stood up the whole.

Speaker 12 (21:23):
Time basically, And let's face it, that's the question that
everybody in the newsroom and everybody wants to listen is
how can this guy hold it for twenty four hours?

Speaker 2 (21:31):
Right?

Speaker 12 (21:31):
Well, now here's the thing. He had too small, He
didn't need anything, by the way, He had two small
glasses of water that he sipped near him. He was allowed,
or did allow other Democrats to give short speeches, and
they could ask questions to give him a rest from speaking,
and he could lean up against things, but he could
not leave the chamber. And as long as he didn't
leave the chamber, no other senator could force him to stop.

(21:54):
So he just went on and on and on and yeah,
he said a new record. I think it was close
to twenty four hours and eighteen minutes something like that.
And I got to tell you, the remarks were going viral.
There was a speech of him on TikTok earlier. It
had something like two hundred or two hundred and twenty
million likes, and people were posting fan edits of this thing.
Will this really change anything? I mean, he was going

(22:16):
after Donald Trump and the Trump administration. No, does it
make for good sound bites in the evening news and
on the radio. Absolutely does so. I mean good for
him to be able to do this.

Speaker 2 (22:26):
Yeah, I guess, well, you guess so. It doesn't matter
what your politics are. I think just the fact that
you can stand up for that long little alone, not
paid for that long, and keep talking for that long
is kind kind of impressive.

Speaker 4 (22:39):
Dan.

Speaker 2 (22:39):
Thank you very much, Dan Mitchison, our US correspondent. Time
is eighteen minutes away from five, Ryan Bridge. I did
a thing once for radio which was thirty six hours
talkathon where you had I had to down at Sky
city inside a little glass box. It was raising money
for Child Cancer Foundation. Thirty six hours and yeah, let's

(23:00):
just say I did have to use the toilet. There's
no way you could do that length of time without
going to the toilet. I wouldn't have thought it's humanly possible,
but apparently it is. Eighteen minutes away from five news
talks here bat, what is Chris Hipkins saying about our
defense budget and why is he right? We'll talk about that.
Plus after five Healthy and z fronts on this issue
with the mistaken identity.

Speaker 1 (23:20):
Politics with centric credit, check your customers and get payment certainty, right.

Speaker 2 (23:24):
We'll get to Chris Sipkins and what he's saying about
defense shortly. Jason Wall's news Talk ZIB political editor with
us out of Wellington. Hey Jason, Oh, good afternoon, ran
so Departy MAHRTI currently fronting a press conference instead of
being at that privileges committee. What are they saying?

Speaker 13 (23:37):
Indeed, it's all go down here. I've got one of
my reporters outside that select committee room waiting for Judith
Collins to come out. I got another one up stairs
on the black and white tiles at that press conference.
And here I am as the grand coordinator of it
all talking to you as well. So what do we
know so far?

Speaker 2 (23:52):
Well, I'll tell you what.

Speaker 13 (23:53):
I'll fill you in on the latest with Tipati, Maris
Rawdy Waitit and Dabbie Nardi Wapakis still speaking to media.
But this little quote kind of sums up how Tea
Party Marty feel about the Privileges Committee process.

Speaker 14 (24:07):
This is not about a silly little Privileges committee and
their silly little rules.

Speaker 2 (24:11):
It's bigger than.

Speaker 13 (24:12):
The very condescending of the committee in general and the
severity of what's happening right now. Judith Collins has recently
spoke to media within the last twenty minutes and said
she's never seen anything like it in her life. So
to catch you up, Tea Party Marty was supposed to
be in that select committee right now, but they've basically
boycotted it. They've vetoed it because they said they've been
denied a joint hearing, they weren't allowed an expert in

(24:36):
Ti Kangamadi to come and brief MPs. They said there
was scheduling conflicts. They wanted their senior Council Chris Finleyson
to be in there as well, and then a number
of other issues as well. So what are they going
to be doing instead, Well, here's what Debbie Nadi Wapaka
told media just moments ago.

Speaker 14 (24:53):
So we will hold an alternative independent hearing here at
Parliament on Wednesday the May, and this was the original
date that we had been requesting, and we will make
sure that you're all aware of the details.

Speaker 13 (25:07):
So the details are coming in. We're waiting to see
what's going on. I can see the press conference is
just finished. But essentially what they're doing is they're circumventing
the Privileges Committee process and doing something by themselves that
they say is going to be independent. I know the
question that you have does this have any teeth? The
answer is most likely no. You can't do something like this.

(25:27):
Privileges Committee is Privileges Committee for a specific reason because
it contains the high profile senior MP's tasked with dishing
out the discipline or recommending the discipline to the Speaker.
What they plan to do will have no bearing, it
will have no legitimacy in the eyes of Parliament. So essentially,
I mean Arawdi Wykditi called what was happening in the

(25:47):
Privileges Committee a kangaroo court. I think it might be
more apt to describe what they've what they've unveiled later today.
So in terms of the haka in the House, here's
what Arawaiti had to say about that. Oh we know,
we're not sorry. Would we do it again in a
heartbeat because this is who we are. But this doesn't
mean the Privileges Committee still won't make a ruling. So

(26:10):
we're waiting for Judith Collins to come out of that
Select Committee hearing today to find out what on earth
is the next step here?

Speaker 2 (26:18):
So what time we're expecting her out?

Speaker 13 (26:20):
Well, that's the thing. Everything has been completely thrown out.
The committee hearing was supposed to be from four ten
to five forty. We don't know if that's going to
be wrapping up sooner. So we're going to have somebody
that will be waiting to see what happens now.

Speaker 2 (26:33):
All right, we'll keep people updated then, Jason, thank you
very much for that. Jason Will's News Talks heb's political
editor coordinating at all at Parliament for US afternoon, twelve
minutes away from five News Talk, SeeDB putting.

Speaker 1 (26:44):
The tough questions to the newspakers, the mic asking Breakfast.

Speaker 15 (26:48):
Remember brook ben Belden. As she told us on the
program the other day, there was a plethora of change
coming this week under her watch. The latest is that
landowners will no longer be liable for recreational accidents. Health
and safety lawyer Grant Nical centers with us. Is the
law crying out to be reformed?

Speaker 2 (27:02):
No, not at all.

Speaker 4 (27:03):
This is a solution in search of a problem.

Speaker 2 (27:06):
Okay, So what about White Island?

Speaker 15 (27:07):
Would that not be a good example of where things
got a bit muddy?

Speaker 16 (27:10):
Yet?

Speaker 1 (27:10):
I think that's fair and it's probably the only example
where we've seen things good a bit muddy.

Speaker 17 (27:15):
But ultimately the court did its job and.

Speaker 2 (27:17):
In the High Court the current Management Limited was acquipped.

Speaker 15 (27:20):
Back tomorrow at six am, the Mike Hosking Breakfast with
the Rain driver of the Laugh News Talk said.

Speaker 2 (27:25):
Been nine minutes away from five News Talk, sa'd be
we'll get to what's happening in Parliament to just a second,
We've got another update since we just spoke to Jason
Walls out of Wellington. Now first putin. He has come
out and said basically he wants he's put the call
out to Russian men and well men actually aged between
the ages of eighteen and thirty. He wants one hundred

(27:46):
and sixty thousand of them to join the military. It's
the biggest call up, biggest request from the Russians, from
the Kremens. It's twenty eleven odd thing for a man
to do. Who's about to end a war, right, obviously
not so this is quite significant. He wants one point
five million active servicemen in three years. That's an increase

(28:07):
of one hundred and eighty thousand. So he's starting by
the call up. I mean, you've got to take into accounttriction,
of course. So he's come out in year one saying
he wants one hundred and sixty thousand, and then he'll
see where he gets, and then the goal is to
add one hundred and eighty thousand to get to the
one point five million. Quite what he wants to do
with that military force, you better get you be the judge. Now,

(28:29):
speaking of defense spending, countries around the world, no surprise,
everybody's increasing their spending. And here there was a poll
out today that said around half fifty percent of us
think it's a good idea to increase defense spending. And
Chris Hipkins agrees with this here's what he had to
say this morning.

Speaker 18 (28:46):
So if you think about the sort of capability that
we need in our defense force, I think there is
a recognition by New Zealanders that we need to have
good ability to participate in disaster response and recovery, provide
aid in the Pacific, particularly in the case of natural disasters,
and that you know, the defense force sort of would
struggle to cope with multiple events. So if there been

(29:09):
a similar event in the Pacific, for example, at the
same time as we were dealing with Cyclone Gabriel here
in New Zealand, then I think our defense force sort
of struggled to be able to deliver the sort of
thing that we would ask of them in those circumstances.
And we need to take that seriously.

Speaker 2 (29:24):
All right. It's one of the world's longest dances. But
I agree with the gist of what he's saying. What
he's saying is it doesn't matter whether a majority of
the population want to increase defense spending. You need to
introcase increased defense spending. And no one's going to go
into a being called by a polster or go into
the voting booth and say I'm voting today on defense,

(29:45):
because it's just not front of mind, is that you
might say, you know, the hospital waiting list or the
cost of living or whatever. But defense is one of
those things that governments have to do and at the
moment it's a must have, isn't it in the world
that we live in right now? So must have. So
I agree with Chris Hipkins. It does have to be done.
And it doesn't matter who disagrees with you. It's just

(30:06):
gone six away from five Bryan Bridge. So back to
Parliament for a second, because the Maori parties just have
their press conference. All the media is there so you
can imagine. So they are now alleging bullying of Hannah
rafferty Miipi Clark. She's the one that did the hacker
in Parliament originally that kicked all this Privileges Committee stuff off.
So now the Maori Party is saying she is the

(30:29):
victim of bullying after leading that harker. Have a listen.

Speaker 14 (30:33):
We were particularly concerned for Hannah Rafitimipi Clark, who has
already been sanctioned in the House for her involvement in
leading the hakker and yet faces repeated proceedings. We said this, yes,
say emphatically we will not allow the bullying of Hannah
because of her profile. And we've become really concerned for
how Aldamatahi are being bullied in this place.

Speaker 2 (30:57):
I mean anyone who if you can, if you're going
to do something in Parliament, if you're going to rip
up someone's piece of legislation, then you need to expect
that there will be some pushback on that. Does that
mean it's bullying from other members of the House. That's
up for interpretation, I suppose. Isn't it a really interesting
thing happened today and this is slightly related to Party

(31:20):
Marti because it's from Napui. An EWE leader in Napui
in Northland they saw a child smoking meth, a child
smoking meth and phetamine on the main street of Kaiko
and they came to the news and they said crime
in myth is at crisis point and we want help.
We want help from the government. But interestingly, and this

(31:42):
isn't a really sobering thought to Party Mardi and for
the Green Party, the EWI. The EWI leader who saw
the kids smoking myth on the streets of Kaiko said
this specifically, we need more police. So quite how that

(32:03):
squeazed with the policies of both of these parties. I
don't know, but what he said was there are instances
where crime and violence could be averted if police were
on the beat, if we had more police. In Northland
police were alerted to escalating violence before it happened, but
they didn't have the numbers to intervene to stop it.

(32:25):
Literally prevention, which is what the government has been saying
about police all along. It's what police say about police.
It's what most people think about police, because not if
you're into party MARII or the Greens anyway, at least
in up we agrees. It's coming up to five o'clock.
Newstalk said, be healthy, end Z on the mistaken identity
case next.

Speaker 19 (33:10):
Today.

Speaker 2 (33:12):
Oh aren't you I need you Olga, H.

Speaker 19 (33:16):
Need these beautiful things that are.

Speaker 1 (33:24):
Questions answers, Thanks analysis, the drive show you trust for
the full picture. Brian Bridge on hither duplicy allan drive
with one New Zealand let's get connected news talks.

Speaker 2 (33:37):
He'd be good evening in a seven half for five Health
indeed's reporting to this case of mistaken identity is out today.
This is the eleven year old autistic girl who was
mistaken for a twenty year old woman somehow. Doctor Richard
Sullivan is Health Indeed's Chief medical officeries with me this evening. Hello,
Hi Ryan, Yeah, good, thank you. So does anyone get

(33:58):
fired over this or on?

Speaker 6 (34:01):
Ryan?

Speaker 7 (34:01):
So, look, you know, this has obviously been a very
you know event that just should never happen in our
health system. And as you're read, we've done two full
reports on that, one around the event and one around
the escalation. And I think what's clear here is that
you know, our staff we're doing everything and that faith,

(34:22):
we're working hard. There's no doubt there's some human error
curred here, but we just need to learn from that.
Related to the escalation, you'll see one of the best
advice in that recommendation is to look into an HR
process to see what, you know, what shall be undertaken
and what further action should be taken from that. But

(34:44):
that's a piece of.

Speaker 2 (34:45):
Work, right, that's the fact that you didn't tell the
minister's on time, right or in time?

Speaker 7 (34:49):
That's right?

Speaker 2 (34:49):
Okay, So coming back to this young girl, how do
you go from so staff she comes in staff saying,
oh she doesn't she looks like a child. She doesn't
look like an adult to then admit ministering adult medications
anti psycholic adult medications.

Speaker 7 (35:05):
Yes. So the background of app which again you're seeing
the report, is that, as you say, you know, the
police brought her and she was in the ED initially,
and the staff team who were looking after there, you know,
YSED exactly as you've described, within a short period of time.
Then the misidentification, if I put it that way, from
the best came through confirming it was as somebody else,

(35:29):
and so the team needing it, which was a different
team than the one that's seeing you earlier, then talked
that as the identification, there's no other means to identify
you unfortunately, which again you'll see in the report, and
that comes down to some of the recommendations we've made.
And so from then on, the team provided that, you know,
with the best information they had recognizing that.

Speaker 2 (35:52):
Well, well you could argue the best information they had
was actually from the ED staff who said this is
a child.

Speaker 7 (35:58):
I don't think they said this is a child. I
think there was a yeah, I was going to say
there was. There was. There was no questions raised as
to you know, you have an undidentified patient in the
d the questions are raised as to who is this
And there was, as you say, commentary, the flap of
child and that's I guess that's what we call them.

Speaker 2 (36:15):
Out of the find she refused the oral medication that
she was offered, this young girl, and then you injected
her with meds adult meds anyway, is that common? I mean,
can you just inject anybody who does who refuses medication?

Speaker 7 (36:31):
So I'd probably look at it slightly differently. So this
they believe they were treating a patient who had significant
metal health illness who was under the Mental Health Act,
and so they were providing care based on that patient's
history and and so they were delivering therapy that they
would normally deliver the patient so that they thought she had.

Speaker 2 (36:52):
If you're under the Act, then that can be done.
But for your average Joe Bloggs is not under the Act.
There's no way that you could walk into a to
a high hospital and be injected with something you didn't
want to be injected with. Right, So it was the
mistaken identity that led to the injection. Indeed, okay, what
was she doing that required anti muscular drugs?

Speaker 7 (37:15):
So she was one of the challenges with you know
how people present through to our health systems is that
different people, different illness can kind of mimic other situations.
So her symptoms were mimicking, you know, what you would
see with somebody who had an underlying mental health illness.
And so you know, again the staff, based on you know,

(37:35):
what they knew, you know, with thiss information they had,
were treating her with somebody who they believed had the
mental help illness, who, as you're seeing the report, had
a history of symptoms escalating, and so they were treating
with that lens rather than knowing that it was somebody different.

Speaker 2 (37:51):
Can you give it to some plain language? What was
she doing like convulsing or punching or being angry? What?

Speaker 7 (37:57):
No, just just just just just demonstrating, you know, symptoms
of somebody who you know could have an underlaying mental
health illness.

Speaker 2 (38:04):
But what are the symptoms?

Speaker 7 (38:07):
I probably you wouldn't want to go into too much detail,
but you know, she was stressed, you know that when
you could imagine she was stressed because she was identified
as somebody that she wasn't, so that they were doing
that to kind of manage her in the environment.

Speaker 2 (38:21):
But what I guess what I mean, people will be
wondering how stressed was she, you know, like, was she aggressive?
Was she violent? Was she throwing her hands around? Was
there a need for her to have anti muscular drugs?
Or do you just sedate people because they're under a
section and it's easier to do.

Speaker 7 (38:38):
Yeah, Look, I don't I don't from what I understand,
I don't believe she was what you've described. But as
I say that, I think that the issue here is
that she was presented. They believe she was somebody else.
They were following their normal protocols and pathways when they're
providing that care. And as I said, I think that
you know, this is human era the staff and good

(38:58):
faith were delivering and obviously it wasn't until later that
day when the police appropriately identified her that obviously we
discovered that the caresh'd hack was not okay. And I
think that's really important to be clear. Ryan, you know
it's not okay that this happened, and you know, you
know we're going to do everything we can to make

(39:19):
sure this doesn't happen again in our system.

Speaker 2 (39:21):
All Right, I appreciate your time. Doctor Richard Sullivan, Chief
Medical Officer, Healthy and Sad I should say, and a
lot of people are texting in where were the parents?
We don't know the answer to you know, the caregiver
or the parents to this young girl. We don't know
the answer to that. I don't know the answer to
that because I don't know who she is, because healthy
and sad doesn't say because it's confident you know private
patient information, which you can understand too. So I understand

(39:44):
why people ask the question. I've asked the question too,
but I just don't have the answer for you. It
is thirteen minutes after five. Parliament's Privileges Committee has had
a hearing today. This is on the Treaty Principal's Bill,
and the Hucker and Party Marley didn't turn up. And
then they held a press conference separate to this. Separate
to this, they held a press conference announcing that they're

(40:06):
going to hold their own hearing.

Speaker 14 (40:07):
So we will hold an alternative, independent hearing here at
Parliament on Wednesday, the sentence of May. And this was
the original date that we had been requesting, and we
will make sure that you're all aware of the details.

Speaker 2 (40:21):
David Seamen was the AT Party leader. He's the one
the hacker was directed at he's with me now, Hi David, Hey, Ryan,
So what do you think the punishment punishment should be
because we don't know what the committee is going to
say yet, but what should the punishment be if you
don't turn up?

Speaker 20 (40:36):
Well, it's up to the Privileges Committee and I'm not
trying to influence them, but I hope they listened to zb.
The Privileges Committee should make an interim report to the
House of Representatives, that's the full Parliament and say we
are finding these people uncooperative with our procedures, and we

(40:56):
ask that the House resolve that they be sustained without
pay until such a time as their front to the
Committee and comply with its request. A very simple thing
to do, because what you just heard is a group
of people who will continue to undermine the institution of Parliament.

(41:17):
And therefore, all of those New Zealanders, to the overwhelming
majority of New Zealanders from every background, who actually are
pretty grateful to live in one of the most successful
parliamentary democracies in human history, they're something their knows that
all of us, and they should be told no uncertain terms,

(41:38):
you're certainly not going to keep taking your seat in
the House and get paid well, you can't respect the
house's procedures, just as anyone else in any workplace would
face consequences for behaving this way.

Speaker 2 (41:49):
I had to argue with that. David Seymour at Party Leader,
appreciate your time this afternoon. It is quarter past five,
you're on news Talks. There'd be the housing market some
early tiny little signs that it might be turning a corner.
We'll have details for your next You'd have heard me
talk about it on the show before. But One New
Zealand satellite is here. It's officially here and it's a
total game changer. This is world first technology. It provides

(42:12):
satellite powered mobile phone coverage in places that your traditional
sell towers don't reach. And actually it turns out that
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it's quite significant. You need to get yourself an eligible
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are lucky. They can now text anywhere they have line
of sight to the sky. You just need to allow

(42:32):
a few minutes for the message to be delivered. The
One end Z team are pitching it as a peace
of mind in your pocket, which I quite like. It's
an additional layer of communication when in the most remote
parts of New Zealand, but also when dare I say it,
there could be a natural disaster striking or a cell
tower going down temporarily, you can literally text in the
middle of nowhere anywhere in New Zealand. To learn more

(42:53):
about how one New Zealand satellite can help you stay safer,
better connected, and more productive, visit one end z slash satellite,
Ryan Bridge nineteen after five, property sales are the highest
in years, but the number of unsold houses is also
at a record high. Auckland real estate company Barfoot and
Thompson said March was a record month for house sales,

(43:15):
the most since twenty twenty one. But while listings and
sales are up, Tony Alexander says, the price they're selling
for hasn't gotten any better. So where does this leave us.
Let's get a picture a snapshot of the market. Resident
economist at Opah's Partners, Ed McKnight's with me now ed,
good evening.

Speaker 16 (43:32):
Great to talk to you, Ryan.

Speaker 2 (43:33):
So what's behind, First of all, the behind the rising
number of unsold properties.

Speaker 16 (43:39):
Yeah, we're seeing a lot of listings on the market
depending on what you look at than terms of the
data source, somewhere between thirty two thousand up to forty
thousand properties that are currently sitting there on the market.
There's a couple of things happening there. There are actually
more properties that are selling, but we're equally seeing a
lot of supply coming onto the market as well. And
then on top of that, those listings that are coming

(44:01):
to the market are also sitting around for a lot longer,
so we're seeing the days to sell a property. It's
up from about fifty five days, up from fifty one
days last year up to fifty four this year. So
it's not just about more listings, it's also that those
listings are sticking around.

Speaker 2 (44:18):
And then what the owners. The vendors basically don't want
to drop the price, don't They not willing to go
below a certain amount, so they're happy to sit there.

Speaker 16 (44:26):
It's a bit of a game of who's going to
blink first? Are those sellers going to capitulate to what
the market is actually willing to offer. And it's quite
fascinating because I see this myself with friends who are
selling properties that they're saying, oh, my real estate agencys,
I could flick this property off, but i'd really have
to lower the price. Well, if that's market price, that's

(44:47):
the market price. You either decide to sell it or
you sit there on the market. Some sellers are saying,
you know what, maybe we'll just sit there on the market,
not take that listing off.

Speaker 2 (44:56):
Yeah. I've heard a bit of that too, A lot
of talk that maybe where you know, at the bottom
of the curve was starting to come out of it,
and there's there's some lower cost suburbs that are starting
to pick up, you know, two three four percent in price.
Is that what is that happening or is that defigment
of people's imaginations.

Speaker 16 (45:13):
Oh, that is happening. If we look at Inbicagol City,
where we've got some of the cheapest properties in the country.
I mean you can buy two or three houses down
there for the price of a single Auckland property. House
prices an Inbicagol up four percent year on Yes, Southland,
which is you know, just kind of surrounds in Chicago,
they are up six percent per year. And a lot
of the west coasts of the South Island, where again
we've got properties that you can still buy for three

(45:35):
hundred thousand dollars are seeing a bit of growth. Of course,
when those properties are a bit cheaper, a four percent
or a three percent might be ten grand worth of growth,
So it's not necessarily massive numbers, but as a percentage're
seeing a bit of an uptick. Wherever house prices are
a little bit more expensive, like in christ Church, they
are only kind of up one percent year on year.

(45:56):
Auckland's still losing a little bit of ground. House prices
there down two percent year on year, but it's kind
of middling growth. Ryan, you know, there's nothing spectacular happening
at the moment, but it does seem to be a
bit of a recovery. Here's one stat you might like.
Over the last six months, we've seen house prices go
up seasonally adjusted house prices go up five out of

(46:18):
those six months. The six months before that, house prices
went down five out of those six months.

Speaker 2 (46:25):
So we see what we're saying.

Speaker 16 (46:27):
Is a bit of a tune there. But it's not
like we're going to go through a boom and we're
going to be up another ten percent over the next
twelve month.

Speaker 2 (46:34):
We're not taking off in rockets quite yet. I do
love a good house stat ed, Thank you very much.
Ed McKnight, resident economist that Opah's partners twenty two minutes
after five The who, the how, the when and the
where on Trump and his tariffs.

Speaker 1 (46:46):
That's next informed inside into today's issues. It's Ryan Bridge
on hither duper cellan drive with one New Zealand let's
get connected news talks'd be.

Speaker 2 (46:58):
Five Trumps tariffs are coming tomorrow. He's basically going to
play god with the global economy. And here's the stuff
we should know. Presser is at four pm Eastern time
in the Rose Garden at the White House. That's nine
am our time, So set your alarms if you're a
late sleeper. The reason it's late over there is because
they want the markets to be closed when he announces it.

(47:19):
This is big league stuff. The guy has the power
to make countries, to break countries, to break markets and
tire industries. Here's some stats for you. Goldman Sachs odds
on a US recession are up from twenty percent to
thirty five percent. Moody's They reckon could cost worst case
scenario five point five million jobs that would see the

(47:40):
unemployment rate go from around four percent now to seven
percent GDP could be chopped one point seven percent from
peak to trough. For context, that is about two thirds
the equivalent of two thirds of the growth of our
economy expecting this year. Reciprocal tariffs are basically broad based tariffs,
taxes on its across all countries. They've been tight liped.

(48:03):
The White House has on so far on carve outs
or exemptions, but some countries are hammering the phones, begging
for them on Downing Street. They are panicked. Although Starmer
says he's staying calm and keeping cool, they're working the phones.
Talk of getting an economic deal has turned into just that.
They now say it's likely they going to get hit
like everyone else. India they've been on the phones, which

(48:24):
is ironic. They're notorious for trade protectionism there, so it's
a bit rich from them, but their sheer market's been
felling the heat. Vonder Lan is readying the war chest.
The EU says they will fight back. Britain won't, neither
will Vietnam, neither will New Zealand. Luxon's message today was
much the same as starmers, keep calm and carry on agriculture,

(48:46):
as we've been talking about since the minute that Trump
tweeted about this is on the cards. The US overtook
the Aussies this year. Is our second largest export market
for goods thanks to red meat that could hurt, but
applied equally to the Arntentennian and the Aussie beef, perhaps
not so much. It all depends on the number ten
percent we could stomach. Twenty five percent a bigger problem.

(49:07):
The real threat is the world's biggest economy going into
recession and the flow on effects of that. The smart
money has already been piling into gold and European stocks.
Tomorrow we find out what America First really means for
the rest of US. Ryan Bridge, twenty eight. After five
your news talks, there'd be. We'll get to the huddle afternows.

(49:28):
Next we'll talk to Jeremy Hutton by the way from Milford,
will talk us through all of this. After six and next.
The German guy in Napier not wanting Americans in his house.

Speaker 1 (49:53):
On the iHeart app and in your car on your
drive home, it's Ryan Bridge on Heather Duplicy Ellen Drive
one New Zealand. Let's get connected news dogs. They'd be.

Speaker 20 (50:10):
Good evening.

Speaker 2 (50:10):
It is twenty four minutes away from the sixth, Jack
tam and Trishuson standing by with the huddle in just
a second. Right now, Judge Judy has emerged from the
Privileges Committee. She just walked out and this is over
the party, Marti. And where you know they didn't turn
up to the committee meeting. They were supposed to come
to the meeting. They are going to hold a separate thing,
basically a theatrical media show day on the seventh of May.

(50:34):
I think it was the day the original hearing was
meant to happen. Anyway, Judge Duty has just come out
and she was asked if the committee had made a
decision on how the Malori Party MPs would be punished
for the Huckett in Parliament.

Speaker 21 (50:47):
So we've reached a decision on the next steps.

Speaker 19 (50:49):
That is what I can tellue.

Speaker 2 (50:51):
They're giving them another chance.

Speaker 21 (50:53):
We will be offering and I think it's fair enough
actually been at that we'll be offering one further opportunity
for the three members to individually come before the committee
and answer questions and that will be the final offer.

Speaker 2 (51:09):
And then what we don't know, do you get the
Sergeant at arms to march through and pull them out
of their offices and drag them into the so called
Powerful Privileges Committee. What is the next step? Well, Judith
didn't say, Judge Duty didn't say, But I guess we'll
have to wait and see, won't we Because they're not
going to bend over now and a bow down now,
are they. They're going to just keep doing what they're

(51:30):
doing and head on with the press conference on the
seventh of May twenty three away from six Ryan Bridge.
So there's a Bloken Napier. He's in the news today.
He owns a B and B which is on his property.
He's turning away Americans who support Trump. Mario Schmidz's name.
He owns the Bluff Lighthouse BMB in Napier. If you're American,
he doesn't want you. Mario's with me now, good afternoon, Yeah, hello,

(51:54):
So what brought this on? Why don't you want any
Americans coming? Will Republican Americans?

Speaker 22 (52:00):
Well, I'm I'm a Staun's Ukraine supporter, have been for
the last three years and I've been doing my best
here in New Zealand trying to help Ukraine from New Zealand.
So that's my motivation. My four goals in the last
three years has been in Ukraine and I will do
anything from New Zealand to help. So that's my motivation.

Speaker 2 (52:20):
And the Trump stuff is that after the meeting they
had in the Oval office, you didn't like that.

Speaker 22 (52:25):
Well, that's when I got triggered.

Speaker 11 (52:26):
Yeah.

Speaker 22 (52:26):
I literally threw up. I've never thrown up, and somebody's
that that just my blood was boiling.

Speaker 5 (52:34):
Threw up.

Speaker 22 (52:35):
Yeah, I literally threw up. Yeah, my blood was boiling.
After I've watched the interview live.

Speaker 2 (52:40):
I hope you didn't have I hope you didn't have
any guests in the house.

Speaker 22 (52:43):
No, No, I did not have. It happened, yes.

Speaker 2 (52:49):
Right, do you have many guests in the house?

Speaker 22 (52:52):
Uh?

Speaker 4 (52:52):
No.

Speaker 22 (52:54):
The house is separate, so it's a separate The apartment
is separate. So I don't customers, I guess it is
completely separate.

Speaker 2 (53:02):
But on the same same property but.

Speaker 22 (53:04):
Different the same property, but not inside the same house.
You know, I housed people. They have they have their
own rooms, their own kitchen, their own bassroom and everything else.
I don't engage with the customers, Mario.

Speaker 2 (53:13):
I think you should probably be able to do what
you want with your own property, whether you want people
to stay there or not. But we did ask a
lawyer today and they said, you can't discriminate based on
someone's political opinion. So what do you think about that?

Speaker 22 (53:26):
Yeah, I thought that, so before I sent both the emails,
I mean, I canceled two customers to to a US
guests and and thefore I sent the email to the
to the booking company. When I sent it to the
to the to the traveler into the emails were intercepted
because of the language, because of what I said about Trump.

(53:47):
Obviously that was picked up on on some sort of system.

Speaker 4 (53:52):
Would you say we're reviewed.

Speaker 22 (53:53):
I mean, I think the email is published. I think
the email is published. I basically just said I can
read it to you if you like.

Speaker 2 (53:58):
But well, not the whole thing, but the juicy bit,
the juicy bits.

Speaker 22 (54:03):
Mario, Well, what was what was published in the paper today? Basically,
you know, I don't agree. You know, I said the
US is turning to fascism, and and I don't agree
with that. I don't agree with I can.

Speaker 2 (54:17):
See why for a B and B booking website, the
word fascism might might be a little complicated or loaded.
So anyway, so you've said to these guests they can't
come and it's only if they're Republicans and you're standing
by this, you're not worried about the consequences.

Speaker 22 (54:33):
I will cancel all Americans from now. And I only
just gave them the options because these two people are canceled,
were already booked. But who else is now booking? I
will just tell them they can't book I carry on
doing that.

Speaker 2 (54:42):
Even Democrats.

Speaker 22 (54:43):
Now, well, yes I can't. Just you know, say one
or the other. I'm going now for the My my
grandson is half American, my my my in laws are Americans.
I love American people. I'm not. You know, it's not
like I don't like American people. You know, my son
looks for American company.

Speaker 2 (55:05):
It's just a Ukraine issue. That's your big bug beer, Mario, Mario,
I appreciate your time. Thanks for coming on with me. Okay,
all right, Mario, that's Mario Schmidt, owner of the Bluff
Lighthouse BMB in Napier. If you're American, just don't think
about it.

Speaker 1 (55:23):
The huddle with New Zealand Southeby's International Realty the ones
with worldwide connections that perform, not a promise.

Speaker 2 (55:30):
It is nineteen minutes away from six now, Jack Tame,
host of Saturday Mornings here on ZIB and Q and
a's with us Hey Jack Hey right, and Tristius and
Hus and Willis pr Hi Trish Hi Ryan. Now what
do we start with? Maybe the Maori Party and Judge
Judy Who's and the Maulori Party now saying Trish that

(55:50):
they're going to have a separate which is not a
legal process or anything. It's just for a pr purposes,
but they have a separate trial almost on in May.
To respond to this, what do we make of all
of this?

Speaker 23 (56:03):
I think it's an absolute waste of time and energy
in Parliament when there are a lot of very big
things to be focused on. The point about Parliament is this,
It is a rules based system.

Speaker 4 (56:17):
It's like a court.

Speaker 23 (56:18):
The rules are very clear and if you go to Parliament,
in my view, you sign up to those rules, and
in particular the Privileges Committee. I mean, I remember when
I first went to Parliament. I don't know, this is
twenty five years ago.

Speaker 13 (56:32):
To work there, you know.

Speaker 23 (56:34):
To be hauled before the Privileges Committee was a very
rare thing. MPs took it extremely seriously because you need to,
and it's Parliament's way of having real checks and balances
on behavior in the House. So I think, you know,
to party Maori have to really get with the program

(56:54):
here in Parliament and follow the rules.

Speaker 2 (56:56):
But clearly they're not. And I mean they even said
today they said, oh, I don't care what the consequences are,
so Jack, do you? I mean, what about this idea
from David Seymour that if they don't come, you dock
their pay.

Speaker 4 (57:07):
Well, it's my understanding that it is actually their rights
to what not to attend the Privileges Committee hearing. So
they don't. They're not at this stage at the very least,
they're not compelled to go to the Privileges Committee, and
they have the other instances in which MPs haven't attended,
although usually those MPs have made submissions. You know, I've
said this before on the huddle. We just have to
remember it. This is exactly what these MPs want. The

(57:32):
more that people half and half and stomp their feet
and say these guys are breaking the rules, the happier
they will be. They are activists, they are not legislators
at the stage that they don't put forward you know,
carefully worded bills or you know, or pieces of legislation
that that have gone through you know, careful drafting processes.

(57:54):
They are agitators, professional agitators. And the more that many
of us half and paf and stomp our, the happier
their supporters will be because they will feel like these
MPs are going in there and to what they think
is sometimes a racist institution and pulling the fingers to
the system, and that's exactly.

Speaker 2 (58:13):
What they want. Yeah, I think you make a good point,
but I think the words you use professional protesters. If
you take away the money, trish, then they're just protesters.
And then do they turn.

Speaker 23 (58:24):
Up well, well, I'm thinking should I pull back on
my huffing and puffing stock, Well, we'll put a lot
of energy into it. Well, and this is a decision
for them because Parliament is not you know, I often

(58:45):
worry about this myself, watching where Parliament is going, that
there are MP's in the house on the fringes who,
it seems to me, turn up there to make social
media clips rather than turning up to make legislation. And
I think what we're the sort of performative stuff today
is an example of that.

Speaker 4 (59:07):
It's interesting, this is the polarization of politics in real
time right that the parties on the fringes always benefit
when they're seen to be fighting each other. So as
much as to Party Mahudi will be loving the attention
they're getting today, David Seymour will equally be loving the
attention that slamming to Party Maldi gives him. And I
think it's really important to remember that even though there

(59:29):
are really strict rules that govern both the Standing Orders
in the House and the Privileges Committee, to Party Malori
does have an avenue through which they can submit to
the rules. So if indeed they think and we think
that in modern New Zealand there should be a space
for hakker and greater acknowledgment of te kung and that
kind of thing in Parliament, there is a process by
which you can contribute to changing the rules to allow

(59:51):
for that kind of thing. So far, we haven't gone
through that. So far the rules state that hakker and
that kind of thing aren't allowed in parliament. But yeah,
like I said, it benefits all of the parties on
the fringes of this when they're seen to be fighting
over this stuff. It's just read meat to the base.

Speaker 2 (01:00:06):
Jack time Trisherson on the huddle, I had a thought
while Trish was talking, maybe we ban like we have
in schools band cell phones at Parliament. Maybe that would
help the problem.

Speaker 1 (01:00:15):
Back in a minute the huddle with New Zealand Southeby's
International Realty achieve extraordinary results with unparallel reach.

Speaker 2 (01:00:23):
Jack Tim Trisherson on the huddle tonight. So more than
half of us regret our career choice. This is according
to new data today by Sikh, mainly due to insufficient
earnings and a lot of us don't realize until it's
too late in life.

Speaker 17 (01:00:35):
Now.

Speaker 2 (01:00:36):
Trish, you obviously past that point now, but if you
could have your time again, would you pack a different career.

Speaker 23 (01:00:43):
I'm going to overlook the little barb in there.

Speaker 16 (01:00:46):
Ryan, but.

Speaker 23 (01:00:48):
I well, I have changed Korea in in my lifetime,
my extended lifetime.

Speaker 13 (01:00:56):
So I went.

Speaker 23 (01:00:57):
I started as a journalist, went into working as a
press sect in parliament. Then I went back to journalism,
and then I went back to the kind of work
that I do now in corporate affairs. I absolutely love
what I do. I think every day what a privilege.
You never know who's going to ring what you need
to learn, and I have never regretted it for a moment.

Speaker 2 (01:01:20):
Jack, what about you?

Speaker 4 (01:01:22):
Do you know what I have done that really weird
thing that everyone used to do one hundred years ago
and no one does anymore, And that I've been with
the same company for like coming up twenty years now,
which is crazy I started with I know, I started
with one company when i was nineteen and I'm now
thirty eight. So yeah, so it doesn't happen that much anymore.

(01:01:43):
I wouldn't change my job. I absolutely love my job. However,
given the state of our industry, Ryan, I do think
about possible second and third careers. And the curious thing
for me is that when I started in the job,
you know, I never had any hesitation in going out
and reckon mending it to other people. But now when
I'm asked to speak at universities and journalism schools and

(01:02:05):
that kind of thing, I always feel like I need
to caveat everything I say by saying, look, it's a
great job, you have amazing experiences, meet interesting people, etcetera, etcetera, etcetera.
You're not going to make any money and your job
security absolutely sucks.

Speaker 2 (01:02:19):
Yeah, it's good to be honest, Jack. I remember Bernard
Heckey came to our journalism school in Wellington, and he
said exactly. He was really honest. He said, Now he said,
it'll be fun, but you'll be made redundant at least once.
And I always wanted to think up until last year.
I thought, oh, well he was wrong about one thing,

(01:02:40):
and then boom and it comes so no very good.

Speaker 23 (01:02:46):
My daughter is doing her communications degree and when she
chose that, which is what I did, I was laughing
and I said, oh, why do you want to do that?
And she said, cheeky monkey and she said, oh, so
I can have big gial money. And I said, oh,
what do you do when you have but gil money?
She says, you have recurring hair appointments.

Speaker 2 (01:03:06):
So there's well, there you go. Everyone just go and
do PR. Thanks Trash and thanks Jack. Nice to have
you guys on. Jack Tame, host of Saturday mornings on
News Talks EB and for twenty years at TV and
z now at Q and A, trishus and suson willis PR.
It is eight minutes away from six.

Speaker 1 (01:03:26):
It's the Heather Duper c Allen Drive Full Show podcast
on my Ard Radio powered by News TALKSB.

Speaker 2 (01:03:34):
News Talks mb SO, nine o'clock tomorrow morning we find
out about Trump's tariffs, I will definitely be tuning into that.
Here is what Chris Luxon, he was on the country
today and he was asked about Liberation Day, and you know,
the heaper new tariffs, including potentially tariffs on our agricultural
exports going to the United States, which is no our
second largest market. And the PMC is basically, don't panic.

Speaker 7 (01:03:56):
The bottom line is New Zealand's relatively well positioned to
compare to other countries in the world. We've done the
very best weekend to build good relationships within your administration.

Speaker 2 (01:04:06):
He does have a point, and yes, we are building relationships,
but that does not mean we get an exemption. Doesn't
sound like Trump's basically going to do any exemptions on tariff.
We're going to talk about this after six. Jeremy Husson
from Milford will be with us. We're also going to
talk about the restaurant in Auckland. It's quite an interesting
model and I've been to this restaurant. It's on Ponsonby
Road called Coal Now. The owner is quite well known

(01:04:29):
in the industry. They are going to close the store,
but they're going to keep the lease. I'm assuming their
leasing not only keep the building and then allow pop
up restaurants to come in and operate out of it.
It's an interesting model. I've seen it done in retail before.
I've seen it done when you're talking about like clothing stores.
There's a place around the corner from me that does

(01:04:51):
pop up in art installations and clothing stores, but I've
never heard of it done before, a pop up restaurant
dedicated restaurant's space. So we'll talk to the owners about
why they're doing that. Also, Gavin Gray's in the UK
for us, so lots more to come. And of course
Jeanete Tipstrainey and the juice that she's got from the

(01:05:11):
beehive over Adrian Oran's resignation. So today she did a
story OAA documents are out and looked at what happened
in the background around Adrianaw's resignation. Nicola and Adrian have
a meeting, don't know what it was about, all of
its secret, and then he resigns within a week and

(01:05:34):
then announcements meant to happen later happens basically straight away.
Before that, Ben Binanki Reserve bank knees up that they
had which cost us one hundred thousand dollars by the way,
and he didn't go to in the end, but anyway,
So there's text messages, there's the OAA documents, and then
there's the juice from the Press secretary who was feeding

(01:05:57):
information to Nicola Willis ahead of media interviews about this.
Oh it's juicy, and Janet Strainey's got all the details
for us after six News Talks.

Speaker 3 (01:06:06):
B keeping track of where the money is flowing.

Speaker 1 (01:06:48):
The Business Hour with Ryan Bridge and Insurance and Investments,
Grow Your Wealth, Protect Your Future News Talks a B.

Speaker 2 (01:06:57):
You got evening at a seven half the six News
Talk ZIB we'll look of the Adrian or Nichola Willis
beef Milford Markets tonight on Liberation Day eve and the
restaurant closing but stay staying open sort of doors will
remain open to some business. And Gavin Gray's in the
UK right now. The government this evening is announcing a
suite of changes to crack down on cowboy builders and

(01:07:18):
on shoddy work. This is beefing up the ability to
basically take the disciplinary action against dodgy builders. It's also
going to become easier to work out if a builder
has been suspended. Chris Pink is the minister. He's with
me now, good evening.

Speaker 23 (01:07:32):
Good evening to you.

Speaker 2 (01:07:33):
So talk us through it. What kind of action can
be taken against a shoddy builder? And how do you
know who a shoddy builder is?

Speaker 24 (01:07:42):
Yeah?

Speaker 2 (01:07:42):
Good question.

Speaker 24 (01:07:43):
I mean, at the moment, there are disciplinary boards that
are meant to maintain standards when a builder does poor work,
But at the moment, they can't actually initiate their own investigations.
And if councils don't tell them about bad work that's
going on out there, then the cowboys and just to
be clear, it's relatively few out there, but the high
profile cases make everyone nervous. You know, they sort of

(01:08:03):
go un detected and they rec havoc. And what that
means is that new Zellas don't have so much confidence
in the system as they should.

Speaker 2 (01:08:10):
So how will this change? What will be the process? Then?
If it does, the house will have to tell. Are
they going to be forced to tell or what?

Speaker 4 (01:08:19):
No?

Speaker 24 (01:08:19):
No, I mean, I'm certainly encouraging counsels to be more
upfront about that rather than simply complaining about, you know,
some bad work that's going on out there, and to
be fear some of them are, but as with all
these things, that's a bit inconsistent out there. But not
only will the boards be able to initiate investigations on
their own account, they'll also have greater powers to take action.
So if they've given a training order, we're a bit

(01:08:40):
more you know, remediate action is needed on the part
of the builder. They'll actually be able to enforce that.
They'll also be able to make it clear when there's
been disciplinary action, because at the moment, the consumers are
bit in the dark. You know, you think you're classic
young couple looking to buy there or build their first home,
and it's not clear on the website that someone who's
lost their licensed building practitioner license for disciplinary reasons. So

(01:09:02):
a bit more clarity I think will help in that
regard as well on a buyer beware kind of basis.

Speaker 2 (01:09:06):
Right, And who sits on those boards, Oh well, I.

Speaker 24 (01:09:10):
Mean they're expert people who've got a bit of background
also maybe sometimes a legal background, and the point of
them is to do the occupation or licensing stuff, and
you know, we just need to give them the tools.
And actually partly it's about the powers that they can exercise.
But even having codes of ethics so that when there
is unethical action, and you know, sometimes is fraud or

(01:09:31):
bad behavior or insolvencies magiced away by a company closing
up shop and then setting up down the road else
arounder a different name, so there'll be a mechanism for
that to be held to account.

Speaker 2 (01:09:42):
Code of ethics sounds a bit wishy washy. Is that
actually going to make a difference? Is that actually? I mean,
what's in it?

Speaker 24 (01:09:48):
Well, I mean, I think it's a suite of tools,
but it's basically I mean, you know, it sounds a
bit technocratic, but actually at its heart, it's about having
some standards that the reasonable person would think, Well, if
I'm going to have someone take a you know, tens
of thousands of dollars as a deposit alone, put put
more on the line, you know, half a million dollar
of a house new build, for example, then there's got
to be some standards and accountability. And again just to emphasize,

(01:10:11):
most builders are actually great people during great work, totally
of cowboys sort of ruin it forever.

Speaker 2 (01:10:16):
So you hand your ten thousand dollars over they do
something unethical, what can you actually do about it with
your code of ethics. What's the practical application of it?
What do I do?

Speaker 24 (01:10:27):
Yeah, well, I mean if there's a code of ethics
in place, and in a couple of instances, so electricians
and plumbers, there isn't one. So we need down a
place so we can say, well, actually, if you've behaved
in an unethical way, there's actually something to measure. It's
not just someone sitting on a board somebody's saying tut tut.
There's actually something against which they can be held accountable
in terms of the ten or twenty or more thousand

(01:10:48):
dollars worth of deposit, for example, on a relatively modest
renovation that might be you know, that's at the moment
that goes back to that problem of the council being
on the hook for having signed off work. If that's
done in a dodgy fashion, that's not picked up. Okay,
part of a bigger reform that we do need to
do for that accountability.

Speaker 2 (01:11:07):
Something happens to the new I've had a new bill built.
Something goes wrong, either the guy takes off with my
money or they do a bad job on the roof whatever.
I go to this board do it and I say, look,
they've breached the code of ethics. What can the board
then do to this person, Well, they.

Speaker 24 (01:11:24):
Can suspend or cancel their license. And at the moment, though,
see that's actually not much good to you. So your
question's actually a good one because that highlights a bit
of a current gap in the system. Because that doesn't
get you year ten or twenty thousand dollars back. No,
that doesn't get you deposit back, because it doesn't get
me a new roof. No it doesn't. But I mean
there are other mechanisms and unfortunately you know the gaps

(01:11:48):
and those as well, and so we're looking at it
the whole libry, right.

Speaker 2 (01:11:51):
But this is about dealing with the trade themselves. This
is about their registration. And so the moral of the
story is if they're not registered, then don't go near
them and check if they're registered first, because if they've
been deregistered, is for a reason. Great advice, all right, yes, okay,
very good. Well wish I didn't have to give it.

(01:12:11):
But there we are, Chris Penk Building and Construction Minister,
and I saved you on the show. It is twelve
after six News Talks VB. We'll get to Jane to
training from The Herald.

Speaker 1 (01:12:20):
Next, it's the Heather dupas Allen Drive Full Show podcast
on iHeartRadio empowered by News Talks.

Speaker 2 (01:12:27):
EBB News TALKSB. It has just gone quarter past six.
So Elon Musk spent millions and millions and millions of
dollars trying to get this conservative state court judge elected.
Turns out and it was probably wasted money. It looks
like the Democrat Susan Crawford is actually on course to
beat the conservative rival for this job. The voting took

(01:12:49):
place today in the Midwestern state and apparently the most
expensive or the most money ever spent on a state
supreme court race. I guess that's what happens when you
have a billionaire entered with his funding. Right, it's gone
quarter past six.

Speaker 12 (01:13:05):
Brian Bridge, back.

Speaker 2 (01:13:06):
To the juicy details around Adriannall's resignation. Jane to Petriney
is The Herald's Willington business editor. She's been looking into this. Jane,
good evening. Hi, Ryan, it's so best Oia. You've got
back in a week. While what's what's the gist?

Speaker 25 (01:13:20):
It was a pretty juicy day for me. We got
some documents back from Nikola Willis's office. They showed a
couple of things. Firstly, they showed that Adrian the Reserve
Bank had planned to announce Adrianall's resignation on March ten.

Speaker 4 (01:13:37):
That would have.

Speaker 25 (01:13:37):
Been after the Reserve Bank hosted a massive conference with
international economists from around the world, but that announcement actually
ended up being made on March five, the day before
the conference. So I remember on March five, it was
all a scramble. The Reserve Bank ended up calling a
press conference late in the day and this was all
happening as economists were arriving in news Zellan from around

(01:14:00):
the world ready for this big conference the following day
to mark thirty five years of inflation targeting. So what
we don't know is why was that announcement brought forward?
And you know what prompted that, because it's pretty embarrassing
for New Zealand to host a big conference and for
the big news of the day to be the governor

(01:14:23):
of the Reserve Bank has just resigned. So that was
one little nugget. The other one was that the documents
show that Nicola Willis's press secretary prepped her and said, look,
here's a list of questions that journalists might ask you
about Aw's resignation. A couple of the questions the press
Sects said might be asked were around meetings that Nicola

(01:14:46):
Willis had with Adrian or specifically a question he said
media might ask is, did or raise his voice with you?
And were their disagreements with you? So we don't know
if a meeting that happened before he resigned, you know
how feisty it was, whether people raise their voices or not.

(01:15:07):
But the fact that the pres sects has prepared Nichola
Willis for questions around that, you know, it tells us
somewhat juicy and interesting story.

Speaker 2 (01:15:16):
Yeah, it's it is interesting because it's not like and
we can't say whether Adrian all raised his voice in
that meaning because we were there and clearly Nichola Willis
is not telling us, But you would you would ask
the question, do the pre sects prepare for every meeting
that the minister has? Do they say, Hey, someone might
ask you where the voices were raised? You know what
I mean? You can kind of make your own inference,

(01:15:38):
I suppose, can't you.

Speaker 25 (01:15:40):
Well, that's the thing, and you know we did ask
Nicola Willis at the time. I asked, actually was Adrian
or sick, and I asked was the misconduct involved, so
that these were fair questions that we did ask. My
biggest sort of my guess as to why he resigned
would and this is just a guess, would be that
he clashed with Nichola Willis over the amount of government

(01:16:01):
funding the Reserve Bank would receive. And also they clashed
over the amount of capital that the Reserve Bank requires
banks to hold to make them strong. So those are
two things. It's probably about that, But you know, I
feel like details will just keep trickling out over.

Speaker 2 (01:16:18):
Time, slowly but surely. A couple of big issues, couple
of big personalities, and maybe some raised voices. Jena, thank
you for that. Genati OFUS training Insit Herolds, Wellington Business Editor.
It is nineteen minutes after six year. On news talks,
there'd be people are rightly pointing out, actually wasn't just
one billionaire who was in that race in the US.
It was also George Soros, who was there for the Democrats.

(01:16:39):
Nineteen after six, we'll get to Milford and the markets
bracing for Trump Day tomorrow. You w inch closer to retirement,
it's natural to start thinking about your finances. Those questions
that pop up from time to time, especially with the
cost of living the way it is today. How much
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the money going to last? These can be pretty confronting
questions for you, as we all know, but you're not alone.

(01:17:01):
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Speaker 1 (01:17:39):
Whether it's macro, micro or just playing economics, it's all
on the Business Hour with Ryan Bridge and theirs. Insurance
and investments, Grow your wealth, protect your future.

Speaker 2 (01:17:51):
These talks six two news talks there b Jeremy Hutton
from Milford's with near the Rose Garden. Nine am tomorrow
our time. It's all on for young and old. What
are you looking for in this Trump announcement, Jeremy.

Speaker 9 (01:18:03):
Yeah, that's right, Ryan. So financial markets have been very
focused on this tariff event, and you're right nine am
tomorrow morning. I think a lot of investors and traders
will be glued to their screens. But from a New
Zealand perspective, you know, there's still a little bit of
hope that we can fly under the radar. We won't
be able to avoid the universal tariff, which is one

(01:18:24):
limb that seems very likely to come in. That will
be negative for some of our key exports into the US,
so think wine, meat and some dairy products. But then
on the reciprocal tariffs, that's another limb. We do have
very low tariffs of US imports into New Zealand, so
that's a theoretical tick in the good box for US there.

(01:18:44):
And then the third limb, so Trump does seem very
fixated on US trade deficits. Now, the US does have
a small trade deficit with New Zealand, but again it's
not too bad, especially compared to some other countries like China,
so maybe also a small tick for US there. But
of course, these things are moving around a lot, and
we're just gonna have to wait and see for tomorrow morning.

Speaker 2 (01:19:04):
Global markets have been moving around a lot, although they've
settled down a bit this week. How's the inset expen today.

Speaker 9 (01:19:11):
Yeah, global markets in general have had to sell off
on this tariff news uncertainty though though you're right, you know,
a small rally this week, but you know, to some extent,
markets have been assuming the worst news for now with
this uncertainty, and you know that they're they're seeing these
tariffs as stagflationary, so you know, in other words, that's
very low economic growth and potentially inflationary as as prices

(01:19:34):
could rise as well, and markets do hate this stagflationary environment.
They're getting none of the interest rate cuts that they
are expecting at the start of the year and also
some potentially lower earnings from companies going forward, so it
could be a bit of a bit of an ugly situation.
And you know, as a response to this, you know
the techiv NASDAK that's off around twelve percent from the

(01:19:56):
February highs. You know, the SMPS off eight percent, but
the has feared a little bit better. It's only our
five and a half percent, And that does make sense
given the relative lack of focus that these tariffs have
had on New Zealand.

Speaker 2 (01:20:09):
Yeah, well, let's hope it stays that way. Hey, although
maybe not for Fisher and Pike with healthcare. They're quite
exposed to America, aren't they.

Speaker 9 (01:20:16):
Yeah, Fisher and pikeal healthcare that appears the most impacted
from the New Zealand the insiet X companies, and that
share prices down around eleven percent since all the tariff
news began. And effectively, this is Fisher and PIKEL. They
you know, they're manufacturing a decent amount of product in
Mexico which they then export into the US. And this
is exactly the type of business that has been right

(01:20:39):
in Trump's firing line. He's trying to reshure this type
of business. A few counts to that though, you know,
Fisher and PIKEL is a fantastic business, and it operates
in a very defensive sector, which is medical devices. So
they do have a few mitigants they can go to,
and they have released the market already that they think
they can offset around half of the cost of these tariffs,

(01:21:01):
mainly by just switching their exports to or from New
Zealand from Mexico. So they do have a few options.
But remember Fisher and pikel it is our largest listed company.
It's around fifteen percent of the INSIDEX index, so you
know these tariffs can still have a material impact on
the local market.

Speaker 2 (01:21:18):
Here, nice one, Jeremy Nice. Heavy on the show is
always Jeremy houton Milford Asset Management. It is twenty six
minutes after six. You're on news talk zeb Ryan Bridge,
smart people at Milford. I do a podcast with them,
and they were talking last year. Mark Riggle, who's one
of their senior guys, were talking to me last year
about European stocks, saying, you know, they're undervalued and all

(01:21:39):
that sort of stuff, and I'm like, let's talk about
Donald Trump. Well it turns out he was onto something
because European stocks are up more than thirteen percent this year,
and actually what you should be investing in. Because here's
my free advice. Don't listen to me.

Speaker 26 (01:21:55):
This is no constitute financial advice.

Speaker 2 (01:21:56):
Certainly does not and it's completely unrelated to everything that's
gone before it, but is defense stocks in particularly Germany,
but anywhere in Europe at the moment doing quite well
because they're spending a whole bunch of money on defense.
People think the war with Ukraine will be over soon
and it's not America, So quite a lot of upside.
Twenty seven after.

Speaker 1 (01:22:15):
Six, everything from SMEs to the big corporates, the Business
Hour with Ryan Bridge and players, insurance and investments, grew
your wealth, Protect your future.

Speaker 2 (01:22:28):
News Talks EDB.

Speaker 19 (01:22:29):
We're never are for, We'll never We're never up for.
We're never up for.

Speaker 1 (01:22:45):
You harden from now.

Speaker 19 (01:22:49):
There's something in the way that you talk.

Speaker 2 (01:22:51):
I mean it's twenty five away from seven. You're on
News TALKSB. We'll get to Gavin Gray in the UK next.
Right now, one of Akans best known restaurants to couples
is shutting down one of his businesses, but with a twist,
Sid and chant sadahwit on the French Cafe and Sid
and his wife are shutting the upon Sumbie Road restaurant Cole,
which will be disappointing for many, but the premises won't

(01:23:14):
be empty for long. They have been taking applications for
a new venture to take over the space with the
bonus of mentorship from the couple. Chant is with us
this evening, good evening, good evening, Ryan, How are you
very good? Thank you. I'm sad to hear about Cole.
I went and loved it. What's the decision? What has

(01:23:34):
forced the decision or made the decision?

Speaker 17 (01:23:37):
Well, I mean, you have to be fiscally responsible, and
we've been seeing a downturn for about the last three
or four months, and we've been putting in our own funds.
But you know, you can only hope for so long
and try and change things around offer a cheaper deals.
But we've decided we need to pull the pin on

(01:23:57):
this concept and try something different.

Speaker 2 (01:24:02):
And what is that something different?

Speaker 17 (01:24:04):
Well, we thought about it. We think that the market
has changed with the cost of living crisis, and discretionary
spend has gone down for most of the middle class.
So I think there is some other concept out there.
We've got some ideas of what we would do with
the space, but we feel like, look, when we started

(01:24:26):
in two thousand and nine, we started our first restaurants
that dark and we were helped along with a Biolovely
mentor who was also an Angel investor, and he took
a chance on this not known couple and gave us
some funding and we wouldn't be here without that angel investor.
So we want to do the same thing and see
if there is a better idea out there than what

(01:24:49):
we have for the space and hopefully meant to someone
who's a budding chef or front of house or someone
who's got hospitality in their blood take the next step.

Speaker 2 (01:24:59):
So how does it work? Will they have to pay
for the space and then you know, pay for the
basically take on the lease or are you stub leasing?
How does it work?

Speaker 17 (01:25:08):
So it's not a sublaze, it's what of course, it
had to have a viable business plan, which is why
we've got a panel of expert's helping us. We've got
Kelly Brett, We've got of course the magazine, Marissa bidduo
of the Restaurant Association, and well known restaurant Al Brown
helping us make this decision to be fair as well

(01:25:29):
to all the applicants because we know so many people
in the industry ourselves and we don't want to be
favoring somebody. So they need to have a good business plan,
describe their concept to us and the panel will decide
they need. The business has to be a business and
pay rent and help us with the rent. But all
the chattels are there, the spit out, which is expensive,

(01:25:52):
it's just two years old, is there for them to
use all these things. If you were to try and
buy a business, you'd have to redo and you know,
you'd have to buy the place, You'd have to get
a liquor license, you'd have to do all that. All
of the setup is there. So they don't have to
buy the business. They don't have to take the responsibility
of the lease either, because the lease remains an un name.

(01:26:12):
Concept does not work out for whatever reason, the LEAs
still are and they can walk away.

Speaker 2 (01:26:19):
Ah. So it's a sort of a risk free trial
for someone who's wanting to get into it. Or maybe
someone who does takeaways at the moment has never done
a restaurant that exactly.

Speaker 17 (01:26:30):
It could be someone with a food truck. It could
be someone who's running a cafe somewhere else in the country,
someone in the Cargill Hokatika. We don't know. Someone who
wants to try the hand and the big smoke on
once and by road and see if their concept will
be appreciated by the current market and there's no risk involved.
We're there to help mentors, so is the Restaurant Association.

(01:26:53):
We just want to see someone else succeed and give
them that leg up in life.

Speaker 2 (01:26:56):
Interesting. It'll be interesting to see how it goes. Chring
to really appreciate you coming on the program. That's chance
that Dawit who's a restaurateur with us. It is twenty
one minutes away from seven. I've been to that restaurant.
I really enjoyed my meal and I really enjoyed my cocktails.
Thank you very much. I'm sad it won't be there anymore.
Rayam Bridge, right, we'll get to the UK before the

(01:27:17):
top of the hour, though. All behaving differently over there.
It depends where you go. The reaction to Donald Trump
and they're all kind of I guess bracing for impact.
Is that the way you would put it. You've got
vonder Lane and the EU saying we're going to fire back,
so whatever you hit us with, we are ready, we're
going to hit you back just as hard. And then

(01:27:38):
you've got the British approach, the Downing Street approach, which
is well, we're just going to wait and see whatever happens.
We're not going to do anything immediately. We haven't got
anything prepared and we're still talking behind the scenes hoping
that we can get some kind of economic deal. The
big loser out of all of these, well out of Europe,
really is potentially going to be Ireland because they're so
reliant on American company. He's headquartered there and that is

(01:28:02):
something that a trend that Trump wants to reverse. So
reliant on for GDP but also for tax. So it'd
be interesting to see what happens with Ireland anyway. Gavin
Gray in the UK.

Speaker 1 (01:28:13):
Yet, if it's to do with money, it matters to you.
The Business Hour with Ryan Bridge and Mayor's Insurance and Investments,
Grow your Wealth, Protect Your Future, News Talks Dead.

Speaker 2 (01:28:25):
B, News TALKSB seventeen minutes away from seven. Gavin Gray's
our UK correspondent, Gavin Good evening, Good evening, right now.
You're expecting the worst but hoping for the best. Is
anyone seriously expecting an exemption here or do you think
that's sort of wishful thinking? Yeah?

Speaker 27 (01:28:42):
I think that's wish for thinking. Now there's been a
real tone, a change in the tone from the Prime
Minister and ministers about what they're expecting from so called
Liberation Day from Donald Trump and those impending tariffs. The
UK has a pretty similar amount of imports to exports
in the US, and therefore it had been hoped unlike
the EU, which imports, or rather exports a lot more

(01:29:06):
to America than it imports. There have been hope perhaps
that along with this announcement of a trade deal that's
expected soon, perhaps the UK would expect to avoid all
these tariffs. But it doesn't really sound as though that's
going to be possible this way, And is how will
the UK act? The Prime Minister saying there will be
no knee jerk reaction, there will be a calm approach,

(01:29:29):
but the EU is looking much much more aggressive, or
at least sounding like they're going to be much more
aggressive by using retaliatory tariffs almost immediately.

Speaker 4 (01:29:38):
This could be a.

Speaker 27 (01:29:38):
Big hit for the UK, a very big hit for
the EU as well. Some in the UK suggesting that
if a trade war does break out and the UK
then imposes tariffs in reverse as it were, that there
could be a one percent decline in GDP. So this
is huge money. But as I said, at the moment,
I think any thought that the UK is going to
escape these tariffs completely now seems to be much much

(01:30:01):
more wish for thinking as this trade deal that's been
talked about for so long between the US and the
UK since Brexit could finally materialize, but that is looking
to take a lot longer than perhaps some hope, which
is significant.

Speaker 2 (01:30:15):
The one percent thing significant, isn't it for the UK?
Because you expected to grow? But I was looking last
night one between one and one point seven percent, depending
on which economists you talk to, which expit you talk to.
So I mean that could basically take you down to
known growth, couldn't it.

Speaker 27 (01:30:30):
Yeah, very much so. And not just that, it completely
wipes out the fiscal headroom, as it's called, in other words,
the spare money which this government is keeping to one
side in order to make sure they actually comply with
their own rules about borrowing. And so if that headroom,
as it were, that spare bit of margin of error

(01:30:51):
is wiped out, then I'm afraid we are going to
have to see probably significant cuts to benefits there, but
also potentially tax rises that long been talked about here,
and I think these tariffs would certainly mean the government
has an excuse then to go for that route.

Speaker 2 (01:31:06):
Too, Yeah, because where else are they going to get
the money? The French love approach is, don't they? And
there's a new one for Lapin.

Speaker 27 (01:31:13):
Yeah, indeed so. So we learned, of course, that Marie
Le Penn has been found guilty effectively of embezzlement using
roughly five and a half million New Zealand dollars of
European Union funding to run her own party. She had
denied those allegations. It was expected she would be found guilty.
What was not expected, ryan was that she would be

(01:31:35):
barred from holding public office for five years. That means
that the favorite for the next presidential election in France
in twenty twenty seven has been dealt a dramatic blow.
She is allowed to appeal, but the timing of that
appeal may make it very difficult for her to run
in twenty to twenty seven. So it looks like stepping
up to the mark will be her deputy, Jordan Bardella.

(01:31:58):
He's called now on people tor in the center of
Paris on Sunday to protest at the ruling. We now
know that the judges who made this ruling have received
a lot of backlash on social media and threats as well.
This is something that the National Rally Party Marine le
Penz Party has condemned. However, it shows, I think the

(01:32:19):
strength of feeling and shows, particularly this weekend, how difficult
this march could be for the authorities in Paris as
they try to contain feelings but also trying to make
sure it doesn't become violent or around any very unpleasant
scenes in the heart of the capitol.

Speaker 2 (01:32:34):
Not just the TIFFs that are going up for you guys,
but a series of quite essential household bills, you name
it, it's going up.

Speaker 27 (01:32:43):
So as we change financial year from twenty four twenty
five to twenty five twenty six, water bills, energy prices
are going up. That's gas and electric. It's not just
those council tax that's the tax you pay to your
local government, as it were, your local offices, As are
the costs of taxing your car, having a television license,

(01:33:05):
broadband and phone bills all going up within the space
of a few days, and some of them really quite considerable.
Some council tax bills going up generally by about five percent,
but some going up by ten percent and more. These
are significant bills and according to one big charity here
in the UK. This is going to hit millions of

(01:33:27):
people on lowest incomes who are already stretched a breaking point.
And Ryan, it affects many on low incomes, particularly single parents.
Why well, because a lot of these increases are in essentials.
In other words, they're not luxuries. People can't you know,
suddenly not use energy or not use water. So that's
why it hits these people hard, is and they are

(01:33:47):
saying that some are really going to be pushed to
a breaking point because, believe it or not, one in
five families here in the UK do not have any
savings at all. Ryan, So although the wages are rising
faster than the rate of infletion, I'm afraid there is
going to be some very very tough months ahead for
those on lower incomes.

Speaker 2 (01:34:09):
Goodness me, Kevin, thank you for that. Kevin Gray, a
UK correspondent. It is eleven minutes away from seven. So
this is why this is the problem, isn't it that
we were talking to Jeremy Hutton from Milford about it earlier.
Stagflation which if what he says is true about Donald
Trump and if the terrorists go ahead in the worst
case scenario and you lose a percent off growth in
the UK, and yet you've got rising costs. That's stagflation.

(01:34:32):
That's low or no growth plus inflation is stagflation. It's
a very difficult, nasty place to be because your costs
are going up, but you can't grow your way out
of it. And we've just been through the whole world
has just been through so much in the last five
how many years, twenty twenty and I just want this

(01:34:52):
to be over. I want us to be growing, I
want us to be getting out of it. And then
I just feel like Donald Trump is coming in to
rain on our parade, to our lunch. Just go away.
I mean, I get it. I get it. There is
an American middle class that feels like they're being left behind,
and so they vote for Donald Trump. And America is
a waning superpower and this is sort of its death throws,

(01:35:16):
isn't it? Is that what we're looking at here? Anyway?
I suppose we'll find out tomorrow ten to seven.

Speaker 1 (01:35:22):
It's the Heather Tupice allan Drive full show podcast on
iHeartRadio powered by News Talk ZBB.

Speaker 2 (01:35:29):
News Talks MB. It is eight minutes away from seven,
so you know, the big battle that's going on right now.
Public battle that's going on between Prince Harry and the
charity trust that he used to run in Africa. Well,
and the chair of that is a woman who has
been in the headlines and was photographed next to Meghan Mirkael, remember,
and she Meghan Michael apparently told her that she should

(01:35:52):
move in the photo. Anyone calls the big uproar and
then apparently Prince Harry goes to the charity, goes to
the chair of the charity and says, can you please
go out there and defend my wife, and the charity
says that's not our job. We don't want to be
an extension of your pr team. These are the headlines
you would have been reading. Well anyway, the latest one
is the charity boss who's of African descent. She has

(01:36:16):
said accused other members on the board of this charity
of misogyny and misogoynoir. That's what's that now. Misogoren noir
apparently is when is misogyny against a woman who's of
a woman of color, misogohnoir. So there you go, so
accusing the board of misogyny and misogoren noir. And now

(01:36:39):
the board have come back and saying she's playing the
race card. What an utter mess? And who's the charity
helping but themselves? At this point six away from seven
News Talks B We've had some very sad news this afternoon. Ants,
haven't we?

Speaker 26 (01:36:52):
Yeah, yeah, we have sir. Actor Vel Kilmer was sixty
five and he has unfortunately died. His daughter, Mercedes kill
has said he died of pneumonia. He did have throat
cancer back in twenty fourteen, but he recovered from that.
I think a lot of people would probably be familiar
with El Kilma, mostly from a couple of movies, Batman Forever.
He was Batman back in the nineties, and then he

(01:37:14):
was Iceman in Top Gun, and I think he reprised
his role in the in the recent Top Gun sequel
as well.

Speaker 2 (01:37:21):
My favorite putback die Hard die Hard. Was he in Diehard?

Speaker 18 (01:37:26):
Well?

Speaker 2 (01:37:26):
Maybe he was? Did he definitely? Was? He was the
Batman in die Hard? Wasn't he was?

Speaker 26 (01:37:30):
Wasn't that Alan Rickman?

Speaker 2 (01:37:32):
Maybe?

Speaker 26 (01:37:33):
Was it a different Diehard? Was he in one like
die Hard?

Speaker 2 (01:37:35):
For There's four? Isn't there?

Speaker 4 (01:37:36):
Yeah?

Speaker 26 (01:37:36):
There are a bunch of them. My favorite performance by
him personally was a movie from two thousand and five
called Kiss Kiss, Bang Bang. It's like, lots of people
haven't seen this movie.

Speaker 16 (01:37:44):
It's brilliant.

Speaker 26 (01:37:45):
It's him and Robbie Robert Downey Junior play like a
Buddy Copp, well almost buddy cop.

Speaker 2 (01:37:48):
One of them is.

Speaker 6 (01:37:49):
Neither of them cops.

Speaker 2 (01:37:50):
They're crims.

Speaker 26 (01:37:50):
But it's like a murder mystery thriller comedy and it's
just really funny. And I'm just gonna play a little
bit of one of their exchanges here.

Speaker 19 (01:37:57):
Where's we.

Speaker 16 (01:37:59):
Know?

Speaker 2 (01:37:59):
I like, No, I got rid of it again.

Speaker 13 (01:38:02):
Yeah, I threw it in the lake because I figured
you wouldn't.

Speaker 19 (01:38:04):
I would.

Speaker 7 (01:38:05):
I got priors in New York, so I really can't.
I can't be messing around.

Speaker 2 (01:38:07):
You threw it away.

Speaker 16 (01:38:08):
Yeah, Plus it's evidence, is what.

Speaker 2 (01:38:10):
What we were thinking, Like two thousand dollars ceramic vector
my mother got me as a special gift. You threw
in the lake next to the car. What happens when
they drag the lake? You think they'll find my pistol?

Speaker 13 (01:38:21):
Jesus, look up idiots in the dictionary.

Speaker 19 (01:38:23):
You know what you'll find picture of me?

Speaker 2 (01:38:25):
No, the definition of the word idiot, which you are.

Speaker 26 (01:38:29):
It's just it's very funny and it's very, very cleverly written.
And yeah, it's a real shame of someone with their skill.
I mean, it's a sad when anybody dies, but yeah,
I think a lot.

Speaker 2 (01:38:37):
Of us are going to miss them, especially so young
as well, just sixty five years old Bell Kilmet.

Speaker 26 (01:38:42):
Yeah, so we'll go out with that Take My Breakaway
by Berlin. Obviously most people will know it from the
first Topout movie.

Speaker 2 (01:38:47):
Really nice. Looking forward to tomorrow, everybody, don't forget. Put
it in your Calendar's nine o'clock tomorrow morning. We will
hear from the Rose Garden from Donald Trump what his
plan is, what America First means for everybody else that
announcement nine o'clock tomorrow morning. Course will have some analysis

(01:39:08):
for you here on the show tomorrow afternoon. Enjoy your evening,
Go and watch a Voil Kilmer movie. See tomorro.

Speaker 1 (01:40:16):
For more from Heather Duplessy Allen Drive. Listen live to
news Talks. It'd be from four pm weekdays, or follow
the podcast on iHeartRadio.
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