Full Show Podcast: 08 October 2024

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Episode Transcript

Speaker 1 (00:01):
Pressing the newsmakers to get the real story. It's Jack
tame on hither due to see Ellen drive with one
New Zealand Let's get connected news Falk saidb.

Speaker 2 (00:19):
Sophia Christani's death was quote a tragic accident that could
have been prevented. That is the ruling of Corona Heather
Mackenzie and her conclusion reflecting on that tragic accident. In
twenty nineteen, after five o'clock rece evening on news Talks HEADB,
we will take you to Dunedin for reaction from the
Students Association at a Tiger university. Ask them what they
are doing to make sure that tragic history is not repeated.

(00:42):
As well as that Hurricane Milton is drawing ever closer
to the coast of Florida, and this one right off
the back of Hurricane Helene looks like an absolute monster.
So I'm going to give you the very latest on
that shortly. Right now, it's eight past four. Team news
slash two e year right billboard accused of being bad taste.

Speaker 3 (01:05):
WHOA.

Speaker 2 (01:05):
For a moment there, I thought I'd been transported back
to two thousand and six. Is it in good taste? No,
of course not it's a billboard for a beer company.
For goodness sake, of course it's in bad taste. And
let's be honest, I don't think I don't think anyone
has ever accused of Tui being in good taste, if
you get what I mean. Anyway, given the extent to

(01:27):
which the sensational details of the Polkinghorn case have been
scandalizing the nation over the last few months, it's hardly
a surprise to see the billboards pop up around the country.
I'll be honest with you, it doesn't upset me. But
if I were Pauline Hander's family, YEP, I might quite
reasonably feel a bit miffed at a company trying to

(01:49):
cash in on something related to my death. But here's
the thing, even if it did upset me, And sometimes
the most effective strategy for opposing some thing is actually
to contain your outrage, especially when that thing is designed
to outrage. And I actually feel the same way about
aspects of the Treaty Principles bill debate. You know, I

(02:11):
wonder if the most extreme opposition to act's proposal might
not ultimately help ACTS cause. And you know, perhaps for
those who most vehemently oppose ACT suggestions perhaps a more
considered opposition might be a bit calmer, might be a
bit quieter, and ultimately starve the issue from the attention

(02:35):
upon which it'll very likely thrive. Two E is banking
on controversy. I mean it has literally set up a
feedback line so that people can voice their outrage. But
if you really, if you really, sincerely have a problem
with their billboards, don't give them the attention, and hey,
just don't buy two team nine to two nine two

(02:58):
is the tech number if you want to get in
touch at newstalk zeb dot co dot nz get this.
Less than half of all the dogs impounded in Auckland
last year made it out alive, with an average of
eleven dogs euthanized every day. Auckland Council euthanized just over
four thousand dogs in the last financial year, up fifty

(03:18):
percent on the year before it. It marks the first
time in a decade that more dogs were euthanized than
re homed or returned to their owners, and the council
is pleading potential owners. Pleading with potential owners to properly
consider if they can actually commit to all of the
responsibilities that come with caring for a dog. Ali Wayitoor
is Auckland Council's manager of Animal Behavement Management and she's

(03:42):
with us this evening, Kelder.

Speaker 4 (03:43):
Good Evening's Jack.

Speaker 2 (03:45):
Why has there been such a rise in the number
of euthanized dogs.

Speaker 4 (03:50):
Well, we've had a huge increase of twenty six percent
of the pounded dogs across our shelters over us around
three eighty three hundred dogs and unfortunately we as being
the lowest claim rate from dog owners in about ten
years and only forty three percent of those dogs have
been claimed, so unfortunately that leads to increased euthanasias, which

(04:14):
is half on everybody.

Speaker 2 (04:16):
Yeah, it must be really painful, But why do you
think you've had so many more dogs being impounded in
the first place.

Speaker 4 (04:25):
There's been a sort of a puppy boom across Auckland
since COVID. We've noticed that there's a lot of puppies
being dumped in parks and our shelters, all of people
trying to relinquish puppies. So I think that there are
people who are getting dogs which probably aren't in a
position where they should have a dog, and the funds
to look after them don't have the proper fencing, they're

(04:46):
letting them roam and they're ending up in our shelters.

Speaker 2 (04:50):
But do you put that down to COVID. Is it
like a COVID hangover kind of thing?

Speaker 4 (04:54):
Well, there, that indeed sext thing. So we're definitely seen
a puppy boon since then, and our known dog popular
each year has increased exponentially compared to pre COVID, So
there's definitely an isition in terms of desexing, and around
eighty three percent of the dogs in the last three
years through our shelters are entire and haven't been desex

(05:14):
so that gives us a bit of a picture of
what's happening out there.

Speaker 2 (05:17):
Yeah, right, So eight hundred and fifty dogs had to
be euthanized because the shelters were full. So talk to
us though about the efforts that the team takes to
actually try and rehome the dogs.

Speaker 4 (05:29):
So or the dogs that come through here, they're kept
for a minimum of seven days to allow the owners
to come forward and to claim the dog where the
dog is unclaimed, and some as we do, enable extensions
for owners who have genuine reason that they may be
a couple of days late, but the start they implement

(05:50):
test the dog, or we need to make sure that
any dog that we're potentially going to rehome is suitable
to go back into the community and won't pose a risk.
But the dogs that were ethnos due to capacity, there
were potentially adoptable dogs, but there's nowhere for them to go.
So when you look at that large number and the

(06:10):
four thousand dogs who put down, where do people think
that four thousand dogs are going to go every year
where they're going to be looked after, cared for, fed,
often unsocialized. So unfortunately, there's just very limited options for
those dogs other than to be euthanized.

Speaker 2 (06:29):
So sad, I mean, how does it affect you and
your team?

Speaker 5 (06:33):
Ali devastating.

Speaker 4 (06:36):
They're all dog lovers, all of us in animal management them,
almost all of us have dogs, a lot of them
pound dogs, and it's really difficult, particularly on the shelter
staff who have to support the vets during euthanasias, but
also our field officers who are picking these dogs up
as well, and the abuse that they suffer at the
hands of the community and on Facebook, social media, that

(06:58):
sort of thing. So it's really devastating. But of course
the ultimate triest is paid by the dogs and the
owners who don't claim them are four thousand owners go
on and get another one from up the road and
the process starts all over again.

Speaker 2 (07:14):
Does that happen quite often?

Speaker 4 (07:17):
Well, constantly? Yeah, dog ends up in the pound, owner
doesn't claim it, we've been handed out like Lolli's. They
get another dog and that ends up in the pound
in six six months time. So that's the cycle that's happening.
And we're teaching where children are being taught and that's
the appropriate way to care for a dog in your position.

Speaker 2 (07:38):
Yeah, so how do we break the cycle? What would
be your message?

Speaker 4 (07:43):
Decet thing six de sts. You know, there's a lot
of the issues we're having are in these low socio
economic areas. So we do have some programs that we've
been running. One of them was to provide free D
sixteen four dogs. Claspider is menacing and also the high
risk of dog attack areas. We have limited funding for that,
and this high demand business has some issues with vet

(08:06):
capacity to keep up with the demand. But what it
really needs, and my view is for c central government
to support to look at the statistics, realize the enormity
of the situation, and to put together some form of
funding and campaign to help change people's behavior attitudes towards

(08:28):
desecting and roaming and provide some services to get these
dogs these sets because when we think, be foolish not
to think. There's ten female dogs having lists of puppies
across Auckland today, right and as we're desexing one hundred
a day, we're not keeping on top of it and
it's going.

Speaker 5 (08:46):
To get worse.

Speaker 2 (08:48):
Yeah, that's really tough. Thank you, Alie, really appreciate your time.
Ali Wyitour, who's Auckland City Council's Animal Management manager. Dog
attacksas year up fourteen percent in Auckland as well, and
it's incredible complaints from the public about abandoned almost treated
dogs up eighty percent in just a year. Thank you
for your feedback.

Speaker 6 (09:07):
Jack.

Speaker 2 (09:07):
When it comes down to it, there are lots of
apartments around now and many of them won't allow dogs.
Jack leave dogs to professional breeders. Make it so you
have to have a license for breeding dogs. They're living
creatures and deserve the same kind of rights as humans.
You've got my support on that one. I think it's
a really good idea. You have to have a license
to breed dogs if you're breeding them for sale. And

(09:28):
Jack regarding the toey billboards, absolutely love them. Think it's hilarious.
At the moment I saw them, I was so delighted
the towy billboards were back. Thank you for that, Aaron.
If you want to send us a message, nine to
two nine two is the text number. Don't forget that
standard text costs apply if you are doing that. A
couple of minutes we'll get our sporto's thoughts on news
that well. The message from Akira Yuani to Hoskinstitutu, don't

(09:50):
stick around New Zealand's done. You're dirty. Head to the
UK instead.

Speaker 7 (09:54):
Digging deeper into the day's headlines, it's hither duper c
Allen drive with one usal a t one j of
leaf for business used talks'd be sport with the new
tab app downloaded today eighteen bed responsibly and.

Speaker 2 (10:08):
The host of Sports Talk tonight from seven o'clock on
News Talks, he'd be Nick Bewley. Is a wea us highnak.

Speaker 6 (10:14):
Good afternoon, Jack.

Speaker 3 (10:15):
So.

Speaker 2 (10:15):
Akira Yoani has urged Hoskins Tutu to switch to England
after the latest selection snub, although Hoskins tutu is going
to be playing for the New Zealand All Backs fifteen.

Speaker 6 (10:26):
Correct.

Speaker 8 (10:27):
Yeah, so he's still there or thereabouts, isn't he? After
being the Super Rugby Pacific Player of the Year. Hoskins setutu.
He didn't make that All Blacks fifteen squad last year. Jack,
and I guess after that point in time when Jason
Ryan was the All Black sports coach, then of course
under En Foster, but now under Scott Robertson as the
head coach, I guess it looked like the writing was
on the wall that Hoskins wouldn't be able to force

(10:48):
himself back into either squad, no matter how good his
form was in Super Rugby or MPC. But today he
is among twenty twenty nine man squad for that All
Blacks fifteen tour games against Munster and Georgia. I do wonder, though,
if he's sort of been taken along just to I'm
not necessarily taken along for a bit of a ride,
but there just to sort of say we want you here,

(11:09):
we want you in New Zealand, we want you as
an option, whether you're the fourth, sixth choice loose forward,
just please stay around as opposed to being lost to
another country. As you say, he's got three different options
in terms of eligibility. He's played for the All Blacks,
his father played for Fiji, so he could wait it
out and play for Fiji. And his mother was born

(11:29):
in England, so he's got options. I'm sure he'll have suitors.
He's an outstanding player, but for the time being he's
going to be in this development team for the All
Blacks and on the cusp of the All Blacks selection.

Speaker 2 (11:39):
I mean Georgia, you know, it's hardly the world's I mean, like,
I don't want to speak too soon, but in terms
of the standard of opposition to the All Blacks, I've
been Monster might be a bit trickier, but Georgia really.

Speaker 8 (11:54):
Yeah, it's in Montpellier as well, which is a nice
part of the world jack. But yeah, as a curious solution,
Georgia just no disrespect to them. They are there on
the way up. But yeah, I would have thought our
development side would beat Georgia rather convincingly. Munster different proposition
depends again on who's available for them, whether they'll play
some of their front line Irish internationals.

Speaker 6 (12:15):
But I'm intrigued.

Speaker 8 (12:16):
These are the next wave of telling. A lot of
guys like Peter Larquye, who I thought might be on
the cusp of all Black selection. On that in the
year tour squad that was named yesterday he features. We've
got a lock by the name of Fabian Holland who's
just become eligible. He grew up in the Netherlands.

Speaker 2 (12:31):
He's in there.

Speaker 8 (12:32):
So it's very much the next wave knocking on the doors.
These guys could be there at the twenty twenty seven
Rugby World Cup.

Speaker 2 (12:38):
Stacy Jones has named his KEYWI squad for the Pacific Championship.

Speaker 8 (12:42):
He has and poor old Stacy Jones first time of
course as a head coach and eight players is called
upon eight new players and Peter Herku out of Super League.
The reason I say poor old Stacy Jones is this
is because after a grueling NRL season, Jack, you know
this best part of I think it's twenty seven round
in the regular season plus four weeks of finals. A
bunch of his frontline players just aren't available through injury

(13:06):
or being told by their clubs you're better off having
a bit of a tidy up surgery and getting ready
for going around again in the NRAL in twenty twenty five,
so a lot of big names out, but at the
same time it will be interesting to see how some
of these young guys go. There's a guy made me
feel a bit old, born in two thousand and six.
He's only eighteen, Casey McLain. He's played a handful of
games for the Penrith Panthers, of course, you know what

(13:30):
a stellar system to be in and amongst with Ivan
Cleary in the last four years winning all those NRL titles.

Speaker 2 (13:35):
But he's there.

Speaker 8 (13:36):
Looking forward to seeing if he'll get an opportunity and
another one out of the Penrith system as well.

Speaker 2 (13:41):
In Trent to toy.

Speaker 8 (13:42):
Lal he plays a a bit in the Harves, a
bit at hooker, which is particularly a position of a
bit of an issue with some of those injuries, So
looking forward to that. We get them down here in
my neck of the woods, Jack and christ Church a
labor weekend against the kangaroos.

Speaker 2 (13:54):
So yeah, good, that's gonna be a massive weekend. Thank
you so much, Nick. Nick Burley will be behind the
mic for Sport Talk this evening right after seven o'clock
news on News talks 'b right now, it's twenty three
past four.

Speaker 1 (14:05):
The day's newsweakers talk to Jack first, Jack Dame on
Hither duple see Alan drive with one New Zealand Let's
get connected news talk.

Speaker 2 (14:14):
Said, be thank you for your feedback this afternoon. He
some messages coming through. Get Ajax's Peter to parallel tooy
billboards and what to do with them and David Seymour
is an abuse of your position. Sorry, Peter, I'll take
that one. I wasn't paralleling David Seymour in the tooy billboards.
I was rather paralleling outrage. Sometimes. I just think that

(14:35):
lots of things in our culture, and certainly social media
plays a big role in this. Mean that people, when
they are upset, decide to get as loud as possible
when they're outraged. And sometimes I think a more effective
opposition if you are opposed to something, be at a billboard,
be at a piece of policy, is to not immediately

(14:55):
go from first to fifth, is to not immediately go
from zero to one hundred, and just to be a
little bit more considered in your response. That's what That's
the point I was trying to make Jack owning a
dog that is not de sext should be illegal and
the dog should be removed. If the law is broken,
only licensed dog breeders who meet strict requirements should allow

(15:16):
dogs should be allowed dogs that are not de sex.
I think it's a great idea. Doesn't have a problem
with me. Ninety ninety two. If you want to send
us some messon, we're going to get the latest on
the latest hurricane to hit the US.

Speaker 1 (15:26):
Next the name you trust to get the answers you need,
Jack tame On, Heather Duplicy, Alan Drive with one New Zealand,
let's get connected.

Speaker 6 (15:37):
And news talk.

Speaker 3 (15:38):
As said, be.

Speaker 9 (15:39):
Again News with Jack tame in for Heather.

Speaker 2 (15:55):
She's just having a little bit of a break this week,
little bit of a rest, but she's going to be
back next week. Hey, after five o'clock, we're gonna get
the very latest on HMNZ s Manamanui. You know, we've
just been in little little tidbits of information over the
last few days. So last night on the show, Nicola
Willis told us that the ship had the equivalent the
ship equivalent of the third party insurance, which means the

(16:15):
ship itself was not insured, of course, but that parts
of the salvage slash cleanup were insured, although the Finance
minister didn't know exactly how much. For Sarma's government now
says that the oil spilled risk is its single biggest concern,
with confirmation the manamanus carrying one thousand tons of diesel
when it went down. So we're going to get the

(16:36):
very latest on that situation for you right after five o'clock.
Right now it is twenty four minutes to five.

Speaker 1 (16:41):
It's the world wires on news.

Speaker 3 (16:44):
Dogs'd be drive.

Speaker 2 (16:46):
And strikes have continued in the Middle East, coming from
both sides of the border.

Speaker 10 (16:52):
Vowing to continue a long war of attrition. Hamas fired
a volley of rockets at Tel Aviv, the attack causing
some shock but little damage. In Lebanon, Hesbla attacked Haifa,
a port city in the north as the Israelis launched
a massive response, one hundred aircraft targeting one hundred and

(17:13):
twenty sites in the space.

Speaker 6 (17:15):
Of an hour.

Speaker 2 (17:16):
Hurricane Milton is quickly becoming an absolute monster off.

Speaker 11 (17:21):
The coast of Florida, up to one hundred and eighty
miles per hour, and in fact, it's forecast Jake to
get to one eighty five after midnight tonight and then
make landfall either as a Category four or a Category
three very close to Tampa. The forecast surge in Tampa
itself is now ten to fifteen feet.

Speaker 2 (17:42):
Republicans are continuing to attack Kamala Harris's response to Hurricane Helene.
He's seen it at John Kelly.

Speaker 12 (17:48):
Last couple of days. The Vice President goes on some
show called call Call Her Daddy, or call your Daddy,
or or hoosually Daddy and among others. She's talking about
about tamponch You know, the people of Appalachia right now
don't give a function about Tampanche.

Speaker 3 (18:08):
They need water.

Speaker 2 (18:11):
Meanwhile, Donald Trump has been relaying a message to the
women of America.

Speaker 13 (18:15):
I say to the women, and I think I do
very well with the women. Actually, I think it's a
lot of fake polling. I think I do very well
because I say I will keep you safe. I'm not
not going to allow prisoners to come out from Venezuela
and many other countries all over the world, the Congo,
the Middle East. They come out from the Congo in
tremendous numbers. I am going to keep you safe. I'm

(18:36):
not gonna let people hurt you.

Speaker 2 (18:38):
And finally had a bad day taken down. A UK
shopper has been taking the hospital after colliflower fell on
her heads. Sammy May was walking down the aisles when
the vegetable allegedly fell one point two meters from a
top shelf. My was treated in hospital for a headache,

(19:00):
nausea and dizziness. It was later diagnosed with post concussion syndrome.

Speaker 1 (19:06):
International correspondence with Ends and Eye Insurance Peace of mind
for New Zealand business.

Speaker 2 (19:12):
The Fank correspond to Murray Old is with us afternoon
yet a.

Speaker 6 (19:15):
Murray Jack very good afternoon.

Speaker 2 (19:17):
So October seventh was the one year anniversary of the
attacks in Israel, and Anthony Albanezi has been getting smashed
on the political optics of Israel twenty four hours.

Speaker 14 (19:28):
Absolutely right, Yeah, look, look there are lots and lots
of moving parts and central among them. According to his critics,
Anthony Alberaniz, he has been more worried about domestic politics
than he has been for on the one hand, the extraordinary, hideous,
atrocious loss of Israeli lives a year ago at the

(19:50):
hands of those butchers from Harmas, but then also failing
to call out what Israel's been doing to the civilian
population of Gaza, with the United Nations saying at least
forty thousand people have been killed by the Israeli response,
most of them women and children. So politically he's in
a bit of a bind Albanesi because many seats that

(20:11):
Labour holds in the current Federal Parliament contain some of
the largest populations of Middle East Muslim people that have
moved and migrated to Australia. So he's very anxious, clearly
anxious given the closest of the upcoming election that Labor
for obvious reasons, Jack has not wanted to upset and
eighty and eight those very important voters in those very

(20:32):
important seats, and he's been getting kicked silly by Peter
Dutton in the Opposition over this. So finally, after twelve months,
he staggers to the line in Parliament today and puts
up a motion that condemns the Harmas attack, says that
Israel and the Jews around the world will always have
a day of pain on the anniversary of what happened,

(20:53):
and it must have been a cruel eternity, he said,
since the loss of twelve hundred lives and the kidnapping
of two hundred and fifty more Jews, but Peter Dutton
has slapped him silly. When it comes to will you
support this motion as condemnation, Dutton says no, because the
motion refers to every life matters, a reference there to
the Palestinian people who have been killed. Dunton says it

(21:15):
should only be about October seventh last year. It should
only about the be about the Hamas attack on Israel.

Speaker 6 (21:25):
That's where it starts and finishes.

Speaker 14 (21:26):
And I was reminded when I heard Dutton speaking of
the Parliament today. Thirty one years ago nineteen ninety three,
Paul Keating stands up in the Parliament, leans across the
dispatch box because John Houston's there, the Liberal leader, opposition leader,
leans across and says, mate, I'm going to do you slowly.
And it's just one of those epic keithing one liners

(21:49):
that resounded down the years. And that's exactly what it's
like for Albaniz. He doesn't know which way to turn.

Speaker 2 (21:57):
Yeah, you can see that. Politically, I mean, this is
so tough. This is such a fraught subject everywhere, right,
but especially I mean.

Speaker 6 (22:04):
What's happening in the y with the president and elected.

Speaker 2 (22:08):
I mean that, but the populations in Australia. You have
a large Muslim population, a large Palestine, your large Lebanese population,
but also Jewish large popularly exactly a large Jewish population,
and so there's just you know it is. You can
just see how fraught this is for a politician to
try and navigate. And we've had a clash between the
New South Wales governor and a pro Palestine group over

(22:29):
the future of demonstrations in Sydney.

Speaker 6 (22:31):
Yeah, for fifty two straight weeks.

Speaker 14 (22:33):
Is an outfit called the Palestine Action Group which has
been on.

Speaker 6 (22:36):
The streets of Sydney.

Speaker 14 (22:37):
We're mainly in Hyde Park, which for those who know
the city, it's right on the CBD Lovely Park in
the middle of town. And they've had, you know, tens
of thousands of people go to these rallies every single week,
every Sunday for fifty two weeks. Ever since that a
trusted he happened, Well, the government has saenter this morning
the pretty broad head. It's looking at changing the rules
around whether you can and cannot keep on demonstrating every

(23:01):
single week. The Premier still up this morning Chris Men's
at a door stop and said, listen, the cost of
taxpayers is going to the roof, and the cost in
terms of police resources is also becoming unsustainable because every
time there's a protest you've got hundreds and hundreds and
hundreds of coppers, men and women out there guaranteeing public safety.

Speaker 6 (23:21):
It's just a fact of life. You have to have that.

Speaker 14 (23:23):
And what Men's was saying this morning again as the
reference of the political difficulties that leaders are facing, he said, listen,
you're allowed to protest, but we're going to be looking
at changing the rules. Well, you can't do that because
it's the Supreme Court in New South Wales that changes
any rules around peaceful, lawful gatherings.

Speaker 6 (23:42):
There's no law against protesting. It's a free country.

Speaker 14 (23:46):
But what Men's is trying to do is maybe set
the stage for some sort of tweaking of the rules
because without police around them, demonstrators have to apply to
police for permission under the rules in New South Wales.
If police say no, you can't do it this Sunday
because we haven't got enough offices, that has to go
to the Supreme Court for adjudication.

Speaker 6 (24:07):
So where this is going to land, I don't know.

Speaker 14 (24:09):
I spoke to both sides today when I was in
the newsroom and there's absolutely no possible resolution inside as
far as either side's concerned.

Speaker 2 (24:19):
And you've got the opposition leader or the ex opposition
leader in South Australia now leaving parliament and then his
drugs scandal.

Speaker 6 (24:26):
This is a mess. His name's David Spears. He's thirty
nine years old.

Speaker 14 (24:30):
He is the former Liberal leader in South Australia. As
you say, he stepped down as opposition leader eight weeks ago,
and that was eight weeks before South Australian Police confirmed
he was facing two charges of supplying illegal drugs. Police
apparently raided two properties, one on Adelaide, one out on
the South Australian Riverland. Beautiful part of the world. There

(24:50):
they grow wine and all sorts of fruit and whatnot.
That must be his holiday home anyway. Spears reportedly cocaine
is the drug involved here. You don't know that from
police at this point. That's only what's being reported. But
David Spears, denying all the allegations, says his mental health
has been sliding, not surprisingly, needs to be with his

(25:10):
family and quote, he hasn't been my best self.

Speaker 6 (25:13):
Well hello, come in, spinner.

Speaker 14 (25:16):
He's at a hell of a time, and only a
minute ago he was you know I'm going to be
next premier. Well sadly, no, just mind the door doesn't
hit you on the bum on the way out.

Speaker 2 (25:25):
And Murray finally, are all the Aussies who want out
of Lebanon out?

Speaker 6 (25:29):
No they're not.

Speaker 14 (25:30):
There are still many, many more. The government is arranging flights.
In fact, the first one got in last night to Sydney.
More are planned. I think a couple of planned this evening.
I think they're only coming into Sydney. There were about
fifteen sixteen thousand Australians living in Lebanon or visiting Lebanon.
That was the number that popped up last week when
the Israeli invasion began. The government saimp listen, whatever you

(25:53):
can get on a flight, don't worry about it as
not to Dubai, or it's not through London or Paris.

Speaker 6 (25:58):
Get out of there if you can.

Speaker 14 (26:00):
So the government is doing its best to as long
as the Beyroute International Airport remains open. The government says
it'll keep on putting on flights to get Ozzie's home.

Speaker 2 (26:09):
Hey, thanks for your time, really appreciate it. Murray. Olds
are Australian correspondent. They're just so you know. In the
last few minutes, Roy Morgan has released its September New
Zealand Politics poll. You know they poll New Zealand politics
every month. It shows that the coalition government support has
increased again, up two points to fifty five percent now,
which is a very comfortable lead over the Labor Greens

(26:32):
to Party Maldi opposition that's down now at forty one percent.
So I'll give you the baseline numbers for the parties
that are in parliament. National is up one point five
percent according to Roy Morgan to thirty seven point five.
Labour is down three point five to twenty three percent.
The Greens have gone up one which is remarkable given
the Darling Tunner situation continues there at fourteen percent, Actors

(26:55):
at ten percent, up half a percent. New Zealand Verse
unchanged at seven point five, to Party Monet four percent
fourteen to five. You're rejectaying this is news.

Speaker 1 (27:03):
Dorgsy'd be politics with centrics credit, check your customers and
get payments certainty New Storks.

Speaker 2 (27:10):
He'd be senior political reporter. Sophie Trigger is with us killed.

Speaker 15 (27:13):
A good afternoon, Jack.

Speaker 2 (27:14):
So the fast track list has revealed a proposal to
nearly double the capacity of Auckland Prison. So what's happening there.

Speaker 15 (27:20):
Yeah, that's right, Jack, a really interesting one to come
out of the list of potential fast track projects unveiled
over the weekend. So it's a proposal for Auckland Prison
and the project description says it would alter the prison's
designation conditions under Auckland's Unitary Plan via what's called a
nose of requirement, allowing the current cap on prisoner numbers

(27:41):
to be increased from six hundred and eighty one to
twelve hundred. The Department of Corrections says there are no
immediate plans to expand the prison, but it has applied
for fast tracking so it could respond quicker to any
future increases in demand. Now, Corrections Minister Mark Mitchell has
told The Herald he anticipates there being an increase of
people coming into the corrections system in the short term.

(28:02):
We know, of course, that the government has made tougher
sentences for serious offenders part of its crackdown on crime.
When the sentence singing reforms were announced by the Justice
Minister earlier this year. Measures like capping sentence discounts implementing
a sliding scale for early guilty please. For example, he said,
at that time it was estimated to add between fourteen

(28:24):
hundred and eighty to seventeen hundred and thirty prisoners per
ANNAM over ten years. So this does look very much
like more prison capacity could be needed, and Mitchell says
Corrections is being proactive amid forecast for prison population growth.

Speaker 2 (28:41):
Now a debate is going ahead tonight between ex David
Seymour and Nazi Touris chief executive Helmet Modlegs. So what
can we expect?

Speaker 15 (28:48):
Yes, this is going to be an interesting one, Jack.
The Treaty Principal's Bill has of course been in the
public consciousness for quite a while, and while the bill's architect,
David Seymour has been speaking about it since, you know,
before last year's election, tonight will be the first time
he publicly debates the bill and he will be going
head to head, as you say, with NATITOA chief executive

(29:10):
Helmet Modlick on the Working Group podcast. Both were on
news Talk z B earlier this morning, and here is
first what Seymour had to say to Mike Cosking ahead
of the debate.

Speaker 16 (29:21):
I think it's going to be a good discussion, and
I think there'll be a model for what can happen
with this truitty Principles Bill, because ultimately there are people
that want it to be all bad and we can't
have an opinion and I shouldn't be able to say
anything because we're not experts. But I actually think that
New Zealand needs to mature a little bit to the
point where ordinary people can have an opinion about their
country's constitutional future.

Speaker 3 (29:41):
Now.

Speaker 15 (29:42):
Madlik said he reached out to Seymour immediately after. Seymour
said he wanted a national conversation about tatidity, and he
spoke to Ryan Bridge on early Editions, saying he's also
keen for a debate.

Speaker 17 (29:53):
Have a listen.

Speaker 18 (29:54):
The real issue isn't about the technicalities. The real issue
has always substance of hel civil society. Do we actually
believe in things like truth and justice and freedoms inequality
before the earth? We do, then, cool, let's look with
crystal clear eyes and what's that got us to where
we're at.

Speaker 15 (30:14):
So the Treaty Principle's Bill, of course a big political
topic for a long time, and we've of course now
seen that Cabinet paper with Seymour's three proposed principles. We've
had a lot of feedback on this bill, of course,
from opposition parties, from the White Tongue Tribunal, from Ministry
of Justice officials, but we haven't yet seen Seymour take
part in a debate of this nature where he'll go

(30:36):
head to head with some of those criticisms. So definitely
an interesting one to watch.

Speaker 2 (30:41):
Yeah, this can be really intriguing and very quickly, Sophie,
Health New Zealand's deficit has ballooned once again one point
seven six billion dollars.

Speaker 15 (30:48):
Now, that's right, Jack, So of course Health New Zealand
hasn't been far from the headlines over the past few months.
Of course, the board was replaced with Commissioner Lester Levy
back in July, but documents from Health Select Committee suggests
the annual deficit could blow out to one point seventy
six billion, as you say, worse than predicted, and documents

(31:08):
from last month state that without intervention, that agencies estimated
to continue to lose about one hundred and forty seven
million dollars every month. That's, of course, on top of
the fact that we learned last week in the quarterly
report from the agency that the preliminary financial result for
the year to the end of June shows a nine
hundred and thirty four million dollar deficit. Earlier in quarter

(31:30):
three it was a two hundred and ninety nine million
dollar surplus forecast. So not only does the previous year
have a deficit larger than expected, but the year we're
currently in could be going the same way without serious intervention.

Speaker 2 (31:42):
Yeah, hey, thanks, Sophy, appreciate it. That is Sophie trigger Newstalks.
He'd be senior political reporter seven to five on news doorgs.

Speaker 6 (31:48):
He'd be.

Speaker 1 (31:51):
Putting the tough questions to the newspakers, the mic asking breakfast.

Speaker 19 (31:55):
Holl's so tight, you can't separate Harris from Trump. Our
favorite America watching Nick Bryant, what are your thoughts on
Harris as a candidate.

Speaker 17 (32:01):
Well, I think she's a lot better candidate than we thought.
She was good a bit, but I do think she
still has weaknesses, particularly on the economy and particularly on immigration.

Speaker 3 (32:08):
Exactly.

Speaker 19 (32:09):
One of the things they are saying about her is
she doesn't actually say anything.

Speaker 20 (32:13):
She just gabbles. It's a real problem for her.

Speaker 17 (32:16):
She does serve up these words Salax and I think
the message on the economy has been really core. I
don't think Donald Trump's as strong a candidate as he
was in twenty sixteen. We were talking about the problems
with Kamala Harris's messaging. I think Trump has them too.
I mean, he's just not as articuler, he's not sharp,
he's not as match fit.

Speaker 19 (32:31):
Back tomorrow at six am the Mike Hosking Breakfast with
the Jaguar f page used talk zbe.

Speaker 2 (32:36):
The fascinating issue coming up after five o'clock. So if
you look at all the new housing stock being built
in New Zealand, less than twenty percent of the new
stock are two bedrooms one bedroom homes, less than ten
percent of the new stock. And of course we're investing
in all these new terroraced homes or townhouses, a lot
of which have steers, which is to say they are
not appropriate for retirees. The Retirement Commissioner wants us to

(32:57):
rethink things. She's going to be with us after five o'clock.
We're going to get the very latest on the situation
with the eighth gm n Z s MANAMNUI. Concerns from
the Sarman government about the potential environmental impact. It was
carrying a thousand tons of diesel when it went down.
To update you on that very shortly, News is next
you were Jacktame, This is newsdalg'.

Speaker 1 (33:16):
Edb the only drive show you can trust to ask
the questions, get the answers by the facts and give
the analysis. Jack taine On, hither dup to c Alan
drive with one New Zealand let's get connected news talk ZENB.

Speaker 6 (33:33):
Good evening.

Speaker 2 (33:34):
There is still concern about the environmental impact from the
Manamanui ship sinking off the coast of Sarmor. The Navy
says the ship, which sunk after hitting a reef on Saturday,
had almost a thousand tons of diesel fuel on board.
Sarmon locals say turtles have perished and oil can be
smelt on some Sarman beaches, but officials say that's probably
from the original sinking, and an assessment today of the

(33:57):
wreck shows, at least from the outside, no sign that
the vessel is currently leaking. Wycuttle University marine scientist Chris
Battershill is with the Suce Evening Kilder. Chris got a
nine hundred and fifty tons of diesel fuel, so just
how significant is that risk.

Speaker 21 (34:15):
It's a significant risk if it was lost very quickly
in a short period, and wouldn't you know, particularly if
there was a non shore wind at that time, so
that amount would be quite significant in coming ashore or
moving across a reef. Recent intelligence suggests that it's relatively

(34:38):
well contained on the ship, which is great news. So
if there's a way that it can be pumped out
as they did with the Arena, will be it in
slightly a shallower depths, then there's every chance that that
load of diesel can be taken out of the environment.

Speaker 2 (34:55):
So Manamanui is currently sitting at about thirty meters that's
how deep it is right now, which is, like you say,
slightly deeper than the Arena, but obviously not out of
the reach of commercial and experienced divers. How complicated would
it be to try and pump that quantity of fuel
off the wreck.

Speaker 21 (35:14):
They did it for the Arena in very very poor conditions.
The windows of opportunity were quite short because it's an
exposed location. There lots of open ocean of course coming in,
which is pretty much the same as being experienced in
Sarmah where the Manawanui is. I understood that she was
down at around one hundred and fifty meters, however, which

(35:38):
is quite significantly deeper. If it's thirty meters, that's great news.
That is well within the reach of most salvage operations.
Albeit they'll need to have a decompression chamber in all
of the other ordnance on board for the salvage divers. Yeah,
but if it's a bit deeper, it gets tricky.

Speaker 2 (35:57):
No, I believe, I believe it is thirty. I believe
that the commodore has explained tonight that it's at about
thirty meters underwater off a reef, so we can go
to the Navy for confirmation. But obviously the shallower it is,
the better it is in terms of access for divers.
Obviously other conditions can affect things, are the currents, the
weather conditions, all those kinds of things. But the shallower
the better. They're looking to pump that fuel OFFT How

(36:18):
long do they have How quickly do they need to
move if they want to get this fuel OFFT before
the vessel itself is corroded and the tanks holding the
fuel are more likely to be breached.

Speaker 21 (36:30):
The coroasion issue is probably not a significant one that
vessel will lasts for a very long time underwater. Even
the main problem is at thirty meters, it's still probably
within the reach of deeper, deeper oceanic swells, and as
we experience with the Rena once again using that as
an example, it was those storm events, the cyclonic events

(36:53):
coming in with deep ocean swells that move the ship
around and tended to beat it up quite severely, to
the extent that it's we're going to sway further and
further down the reef. When that's happening, yes, then there's
going to be issues structurally, and that's when there could
be other leaks opened up.

Speaker 2 (37:14):
So Nicola Willis told us last night, Manha Manui effectively
had third party insurance or the naval ship equivalent of
third party insurance. So the ship's not ensured, but some
parts of the salvage and the response are insured, although
we don't know for how much at the stage, but
give us some perspective here, how much is an event

(37:36):
like this and trying to pump off the fuel the
whole response in salvage likely to cost.

Speaker 21 (37:41):
To be certainly around fifty to one hundred million. I
would think for oceanic work quit that. I can't quite
recall what the arena cost in the end, but they
were also pulling us that vessel out of the water.
But it was it was the second most expensive ship

(38:02):
salverge omiration in the world, next to the cost of Concordia.
It was many hundreds of millions.

Speaker 2 (38:08):
Yeah, I mean, obviously some differences right with the arena
of the arena was a larger containership, and obviously that the
environmental differences as well. But that being said, it's going
to be an extremely expensive operation, I mean if it
was anything like that. So it's basically the cost of
the ship in the first place, isn't it. Hey, thank
you very much, Chris, appreciate your time. That is why
Cuttle University marine scientist Chris Battershill Right now. It is

(38:31):
twelve minutes past five, and Corina says the death of
nineteen year old Otago University student Sophia Christani was a
preventable tragedy. She died at an overcrowded flat party on
Dundas Street five years ago, and Corona Heath and Mackenzie's
recommending that students take better safety meuss at large parties.
While acknowledging the tenants of the flat known as the

(38:51):
manor took some steps, just not enough. Ultimately, Otago University
Students Association president Keegan Wells is with us, Skelda, should
I have it going very well? Thank you? How much
has changed since twenty nineteen in terms of the safety
of students at parties?

Speaker 22 (39:11):
I would argue almost everything has changed. I have a
decently unique experience because I was a student back in
twenty eighteen and twenty nineteen, and then the whole world
basically flipped on us during COVID, and we see a
different world that students live in in terms of safety
measures and in terms of size of parties and everything

(39:31):
along those lines.

Speaker 2 (39:33):
One of the coroner's recommendations is that students hosting large
parties should register and monitor numbers on the night. Would
students actually do that?

Speaker 22 (39:45):
Students already do that? Good. One party register was set
up in twenty eighteen in christ Church and students have
been registering their parties since then. I'm not going to
say that all parties are registered, because that's certainly not
the case. But I think we see a growing attitude
towards compliance. I guess that of students want their fellow

(40:06):
partygoers to be said, because at the end of the day,
they are their friends.

Speaker 2 (40:09):
Yeah. The corner is also suggesting that the Students Association
like better integrate information about being safe at parties, the
risks of intoxification, how to safely host parties, and student
orientation and flooding resources. Have you already been doing that?

Speaker 22 (40:28):
Maybe not specifically those points, but we have always been
in the business of harm reduction and advocacy for better
times for students, because at the end of the day,
if a party is more safe and everybody's a bit
more informed, it'll be more fun.

Speaker 2 (40:44):
Yeah, But do students have an appetite for the safety
message when they're in the middle of O week and
they are looking to party.

Speaker 22 (40:53):
Probably not at the forefront of their mind. I would say,
there's like way around it. It's more of a marketing exercise,
right of If you tell a student, hey, you should
probably read through your party, they might say why. But
if you say hey, if you read through your party,
you know, at the end of the year you get
free pizza and if they're sick, you know. So it's

(41:15):
some of about the way you frame these messages.

Speaker 2 (41:17):
Or giving them the right end of us. Most thanks
for your time. Kegan. That is Kegan Welles, the Otago
University Students Association president, is just such such a sad story, that,
isn't it Before six o'clock on news Talks. He'd be
a really interesting message from the Retirement Commissioner who is
trying to encourage housing developers to look at some smaller options.
Of course, so much of housing these days, including high

(41:39):
density housing, is around the three bedroom, four bedroom, even
if it's high density stuff, so townhouses that kind of thing.
But she says we need many more one and two
bedroom houses, especially as our population ages, so that people
who are getting into the latter stages of their life
and are looking to downsize actually have better options than
are currently available. So we're going to catch up with
her very shortly. Next up, so is the twoy billboard

(42:01):
too much? Quarter past five on Newstork ZB. Thinking about
renovating your kitchen, here's an interesting development. This year sees
a new type of kitchen bench top enter the market
called Imperio, made of a new layered compound. Imperio offers
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(42:26):
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as a surface for life, an ultra durable bench top
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(42:48):
looks the part too. Available in a range of designs,
it provides a natural quality finish, making for a stylish
centerpiece to any home. Beast of all, it's a highly
affordable option to fit your budget. See for yourself at
Imperio dot n Z. Team twoy is under fire after
referencing Philip Polkinghorn's trial in their latest Year Right campaign.

(43:11):
The new billboards read back to being a respectable meth smoking,
sex worker loving doctor, then yeah right. Philip Polkinhorn was
found not guilty last month of murdering his wife Pauline Hannah,
after an eight week trial in the High Court at Auckland.
Marke Hutcheson is a marketing expert and his Weather's this
evening calder Mike, your reaction to these harmless fun or

(43:32):
something a bit more sinister.

Speaker 23 (43:34):
No harmless fun, and we don't have enough of it.

Speaker 24 (43:38):
I think we just need to poke more fun. It's
an old Kiwi tradition and it's called taking the piss,
and we don't need to.

Speaker 23 (43:44):
Do more of it. We shouldn't be too gentle about it.

Speaker 2 (43:47):
Okay, Just to totally play devil's advocate here, I'm just
thinking about if I was in Pauline Hannah's family right now,
how would they be feeling about it? Do you think?

Speaker 23 (43:56):
Well, then it's all about Pauline Hannah.

Speaker 24 (43:58):
I think she was the the tragic victim of a
bit of a charlatan and not a nice bloke. But
I think watson question is a the ethics of Polkinhorn
himself and also the jury system. Now, I just wonder,
but we should be able to just take the mickey
out of it if we can.

Speaker 2 (44:15):
I am just going to remind everyone he was found
not guilty after that eight week trial.

Speaker 23 (44:19):
But I understand, but he wasn't sorry, It wasn't it
wasn't innocent though.

Speaker 2 (44:23):
Well he was found not guilt. Well, yes he was
found out he was found not guilty and and the
billboard itself represent represent you know, as you say, it
is obviously about Philip Polkinhorn rather than Pauline Hannett directly.
Are those the kind of conversations that that would be
had we I mean, I know, you've you've you've got
a rich history in this in this area. Those are

(44:44):
sort of conversations that advertising musicutives have when they're pitching
a campaign.

Speaker 23 (44:48):
Absolutely. Absolutely.

Speaker 24 (44:49):
In fact, I was involved in Chargeants when that whole
thing began, and the I guess it must have been
late nineties, early early two thousand and it was. It
was a it was a fun project. Everybody got involved
in it. It's a kind of a line now that
belongs to New Zealand. And I like the idea of them,
you know, asking for public feedback and that's it's part
of our tradition taking the mickey.

Speaker 2 (45:08):
It certainly has become you know, whether you love or
hate them, it's I think it's fairly earned the iconic status.
And advertising law is this kind of thing effective, Like
does it does it actually sell.

Speaker 23 (45:18):
Beer what it did at the time?

Speaker 24 (45:22):
It certainly, and it puts the profile of the brand
up and it talks about the brand is not taking
itself too seriously.

Speaker 23 (45:28):
Now we're not talking about fine dining.

Speaker 24 (45:31):
We're talking about in the pub with your mates and
telling a few laps.

Speaker 23 (45:35):
And that's essentially what it's about.

Speaker 2 (45:37):
Is there a line? Is there a line? Do you
do you ever think or do you recall the time
when you think that you guys overstepped it?

Speaker 24 (45:44):
Oh, we did on a number of occasions. And it's
it's like it's the togs, togs under these things. Yeah,
and there's there's no you couldn't legislate for it, but
you just know in your heart what's what's decent and
what's not, what's moral and what's not. And this is
I think plays to that classic key. It's a great story,

(46:05):
you know. And there father telling men before the battle
at Dell elevating General Freiburg took Monty, General Montgonery through
the Kiwi lines before the battle and as they're going through,
Monty said to Friybig, they're not very well disciplined.

Speaker 23 (46:19):
Owne there, Freberg and.

Speaker 24 (46:21):
He said what he means, so well, they're not saluting
And he said no, but if you wave to them
they'll wave back. I mean, that's that's key witness. Yeah, yeah,
take it too seriously.

Speaker 2 (46:29):
Yeah, and look at the very least that the mere
fact that you and I are talking about this evening
is probably points to the success of this, at least
in their marketing sense. Thank you very much, Mike, appreciate
your time as always, great to chat. That's a marketing expert,
Mike hutters and let us know what you think. Nine
two nine two is the text number Jacket news talks.
He'db dot co dot z twenty two past five.

Speaker 1 (46:49):
On your smart speaker, on the iHeart app and in
your car on your drive home it's Jack tame on
hither dupleic Alan drive with one New Zealand let's get
connected and news talk.

Speaker 2 (47:00):
I went for a walk along cutting a happy road
the other night and I saw something that I had
not seen in the longest time. A new restaurant.

Speaker 3 (47:09):
Yeah.

Speaker 2 (47:09):
I didn't even step inside, but honestly, it felt like
a felt like a drink of cold water for a
parched man in the desert. When was the last time
I saw a new restaurant. It is, of course a rarity,
and hardly a sign by itself that the entire economy
is ready to take off. The number of new restaurants
in that part of town is still comfortably outnumbered by
the number of four lease signs sitting woefully in windows.

(47:35):
But as the Reserve Bank prepares for tomorrow's call on
the OCR, two things give me optimism that they're going
to be leaning more towards fifty basis points than twenty five.
The first number one is that if the economists are right,
and I realize that's always a big gift, well, inflation
is already back down within the target band one to
three and maybe even closer to two percent than we
dare to hope. It occurs to me that migration in

(47:57):
flows have really significantly slow in recent months, and that
in turn is reducing the upward pressure on rents, which
was one of the stickier parts of the inflation picture
over the last few quarters. So the next CPI data,
the next Consumer Price index, comes out next week, so
we get the OCR before we get inflation data. But

(48:18):
if that's the case, and we are within the target band,
and especially if we're somewhere closer to two percent on
inflation than three percent, so lower than two point five,
I reckon there is a pretty decent argument, the Reserve
Bank should be moving quickly to get us a whole
lot closer to a neutral cash rate. The second point
that gives me a bit of optimism is timing. So
if this were April, I might feel a little bit

(48:41):
more meh. But after tomorrow there is only one ocr
core before the summer break, and then it is a
long wait until February's next Decision's almost three months, So
while waiting to see what comes of the US election,
the Reserve Bank might rightly be concerned about being left
behind by other central banks around the world with that
three month break between innings. So the markets say yes

(49:05):
to fifty basis points, the banks are saying yes to
fifty basis points. As someone refixing his mortgage in three weeks,
I say yes, please, Jack, Team ninety two. Ninety two
is the text number. We will take a closer look
at that call and some of the data points that
are likely to inform the Reserve Bank's decision after six
o'clock this evening, Jack, fantastic twoy billboard hang handwringing. Woof

(49:28):
the lefties like you will always be offended by things
like this. I didn't say I was offended I said,
I wasn't offended. However, I don't want to speak for
Paul and Hannah's family because they might be Jack the
Twoy billboard is all right. I don't want a society
where we try to destroy every piece of humors, is kemp.
We will ask a huddle about that before six o'clock
this evening. It's almost five point thirty. News is next

(49:50):
on news dog ZDB.

Speaker 1 (49:54):
Jack Tam cutting through the noise to get the facts.
It's Jack Tam on Heather Dupius, see Alan drive with
one New Zealand. Let's get connected and news talk as
it'd be.

Speaker 3 (50:13):
Prere favor.

Speaker 2 (50:29):
So the ocr is headed south. But banks are still stressed,
testing mortgage holders at about nine percent. Huh seems antithetical,
right if interest rates are supposed to be coming down anyway,
We're gonna take a closer look at that after sex
before sex o' cop huddlers. Then we'll get their thoughts
on the Manumnui's latest. Plus of course, those Twoy billboards.

(50:49):
Right now it is twenty three to six Jack Team,
and the Retirement Commissioner is calling for action on the
size of our new houses. With downsizing as you is
causing a massive headache for retire and older New Zealanders.
Get this, two bedroom houses make up less than twenty
percent of the new stock, one bedroom houses less than
ten percent, with new terraced housing obviously having stairs and

(51:11):
thus being unsuitable most of the time. Jane Writeson is
the Retirement Commissioner and is with us this evening Kielder Jack,
how much of an issue is this.

Speaker 25 (51:21):
It's an emerging issue, is what it is. And it's
our job here at the Commission to just nudge people
to think harder about some of their future brands. I mean,
when you look at the new house builds, you can
see that we've got the three story townhouses. You can
see we've got the expensive apartments. You can see we've
got the five bedroom, five bathroom jobs a bit further out,

(51:42):
and none of these are particularly suitable for retirement, particularly
when you if you think you're going to fe out capital,
would you sell your family home?

Speaker 2 (51:51):
If there is demand, Why isn't the supply Well, it's.

Speaker 25 (51:54):
A really good question. I think it tells you how
hard to the housing market is to change. And there
may well be supplied, but it may well be a
bit late. It's hard to know. I mean, there's a
big wave of people tiring over the next ten, ten,
twenty years, and as we see with all the other
issues around the housing market, it's a slow it's a

(52:15):
slow burn, that's one of them. But this is more
a bit of a wake up call just for people
that are contemplating what they'll do in the next ten
or twenty years, particularly if they're living in a house
they've assumed they would sell and pocket some capital gains,
because it won't be as easy as you think, which
means thinking earlier is a good idea.

Speaker 6 (52:32):
Yeah.

Speaker 2 (52:33):
See, it actually benefits the whole country too, doesn't it.
Because if we have housing stocks that suits people when
you know they're getting on a little bit and they
want to downsize, then that actually potentially frees up larger
houses that they otherwise might not sell for families and
people who have more than just two people under the roofs.

Speaker 25 (52:52):
Exactly, yeah myself.

Speaker 2 (52:55):
So how do we incentivize it? We how do we
get a bit more action?

Speaker 25 (53:00):
I don't know how we do that other than keeping
talking about it. You know, there may be some developers
who see an opportunity here. There may be some opportunities
in government housing policy, possibly as they're freeing up land
for new developments. You know, I know that people generally
don't like regulation in the space, but you know, if

(53:20):
you go to make land available for a big development,
it wouldn't be silly, would it to ensure that there
are a range of housing sizes included in that development,
Because what's.

Speaker 2 (53:30):
The danger that people at the moment end up overspending
on those smaller houses.

Speaker 25 (53:35):
Well, especially if you're wanting a late model one, you know,
because you know, the dream is that you retire to
a smaller house, you don't need to do much maintenance.
It's the size that you need, and it's in a
place that is connected, that has got public transport, or
as close to a hospital or the other things that
you need. So all of these things adding up are
a bit tricky, unless, of course, your particularly well off

(53:56):
you can consort.

Speaker 5 (53:57):
Things out yourself.

Speaker 25 (53:57):
But you know, the majority of new zettlers so much
so you just need to think harder about this and
prodd some of the decision makers to understand that this
is as much of an issue as housing our families.

Speaker 2 (54:08):
Speaking of prodding decision makers, moved to the boardroom last
week and Nikola Willis and Barbara Edmonds from Labor agreeing
to have a conversation about the future viability of superannuation.
I felt as soon as I saw that headline like
you would have some very strong thoughts.

Speaker 25 (54:26):
I do, and the Minister of Finances being a bit
mischievous of course, as governments are trying to prod oppositions
into doing things they want to do. But it's a
really smart idea to have a conversation between major parties
to go what do we think we want to do
for retirement income policy in the wrong term, because the
worst thing that could happen to New Zealanders, and that's

(54:46):
both retires and taxpayers, frankly, is that you work between systems.
The best thing that you can do is take advantage
of all the evidence you've got and work together to
take some quite hard and crunchy choices.

Speaker 15 (54:58):
You know.

Speaker 25 (54:59):
Usually this compromises on both sides. Usually you've got the
kind of black hattery from Treasury which she is the
country's going to afford nothing. And then you take another perspective,
but what do the people need? And somewhere in between
will be the answer. And I can only keep calling
for a kind of cross party approach on this because
it's hard and it certainly doesn't put itself into the

(55:22):
great easy situation of three year electoral cite.

Speaker 2 (55:26):
You know, hey, thanks Janes, I appreciate it. It's no problem,
Thank you, catch you said, Jane writes in The Retirement Commissioner.
They're nineteen to six the Huddle.

Speaker 1 (55:35):
With New Zealand Southerby's international realty, local and global exposure
like no other.

Speaker 2 (55:41):
On the huddle this evening the CEO of the Maximum Institute,
Tim Wilson, and Alie Jones from red PR Elder corduer
Hi Jack. So, then let's start off with the hm
NZ s Manouanui locals there saying today that they can
smell oil, that they're filmed a sea turtle struggling in
the area around them, or though the Navy says for

(56:01):
the time being, most of the almost one thousand tons
of diesel on board the ship is still on board
the ship. Tim, how much money should we be sinking?
Is that term? Knowing the full context? How much money
should we should we be sinking into the recovery and salvage?

Speaker 6 (56:18):
Yeah, well, look we need to determine how bad it is.

Speaker 26 (56:20):
And I think that there's been a sort of cascade
of information about you. We saw that those images, but
we don't really know exactly what's going on. The Navy
says it's not leaking oil.

Speaker 20 (56:31):
There's still substantial amount of diesel in there.

Speaker 26 (56:34):
But of course, look when the kids spill something in
our house, they have to clean it up. I think
that's that's a good basis to move forward on. The
problem is it's our ship, but it's since some More's territory,
so there'll be limited I want there'll be limited resources there.
I understand the Navy's going to send the Canterbury out tomorrow.
Well that's you know, that's going to take some time
to get up there.

Speaker 6 (56:53):
Yeah.

Speaker 2 (56:53):
Yeah, it's going to take a few days for the
time being. Though there's nothing to suggest that the tanks
that are holding the fuel have been breach or anything
like that. The divers who went down today said that
it all seems to be holding. But surely some More
is going to want New Zealand to pour every resource
available into this alley.

Speaker 20 (57:08):
Yeah.

Speaker 27 (57:08):
Well, and I think that's what we've heard so far.
I think every time Christopher Luxon has talked on this
in the last sort of twenty four hours. He's made
it very clear that some more will be leading this
and that New Zealand will be providing whatever resources are required.
Just going back to what Tim said, you know about
if the kids spill something at home, they have to
clean it up. Well, if the kids spill something at
home and then throw it over the fence into the neighbors,

(57:30):
then they have to make good with the neighbors. And
I think that's part of what's happened here as well.

Speaker 2 (57:35):
You know, this is Elliott.

Speaker 26 (57:39):
It depends how it depends how well you get on
with the neighbors.

Speaker 27 (57:43):
Well, if you want to continue getting on well with
the neighbors from I suggest that you know, this is
a tourist area, it's an environmentally sensitive area, and it's
someone's backyard for food. So we have to put into
it whatever we need.

Speaker 2 (57:57):
To, Okay, Tim, the two E bill board is it?

Speaker 3 (58:00):
Yeah?

Speaker 20 (58:01):
Yeah?

Speaker 26 (58:01):
No, Well like you like you, like you're saying, Jack,
we're talking about it, So job done. Look, I've got
to say that I'm absolutely thermonuclear and furious, and that's
because there's no hyphens in there. So as I understand
AP style meth smoking, there's one hyphen sex worker loving.
That's two hyphens. There's no hyphen there. Also, the guy

(58:23):
is not a doctor, he's retired, so it's grammatically and
factually untrue. Let's do something that's grammatical and factual. How
about Jack tam hates offending people?

Speaker 2 (58:33):
You're right, hang on, you have an answer though. If
we put the grammar to one side, is it is it?
Is it on the right side of the tasteline viewed him.

Speaker 26 (58:44):
Ah, it's just it's here's the thing about humor.

Speaker 20 (58:49):
It's a man it sounds like fading.

Speaker 26 (58:52):
It's well, what I'm saying, is it It doesn't need
to be as cheery as that one is. Yeah, isn't
isn't the soul of brevity? I mean I think for
obviously for the family of Philip Polkinghorn's wife, then then
that's going to be sad, and I sympathize with them
because that's a that's a public sadness.

Speaker 2 (59:12):
What do you think, Allie Well?

Speaker 27 (59:14):
I laughed, But as Tim said, I clearly this isn't
funny to everyone. And I've heard, you know, have Pauline
Hannah's family mentioned. I think this actually works for them.
It's basically saying that this guy is a dick, and
you know, and I think that that's what I get
from that. But just because people not everyone will find

(59:35):
this funny doesn't make it wrong all bad. I just
think we're too easily offended these days. This has worked
well for two years, you said, Tim, we're talking about it,
but we just don't take risks anymore for fear of offending.
And I wonder what the next stage is. Perhaps Tim,
someone will be canceled, might be you.

Speaker 26 (59:50):
Know, well, can we cancel people for abusing misuse of hyphens?

Speaker 20 (59:55):
I'm into it.

Speaker 2 (59:56):
Sorry, don't get me start on fewer and less than Tim,
otherwise we'll be here.

Speaker 27 (01:00:01):
Yeah, just before you go to the break. One thing
I've been hearing this.

Speaker 3 (01:00:04):
There is no that I know I know.

Speaker 2 (01:00:08):
Right, And this is like here, if we're cracking down
on grammar, there're you know, people in glasshouses, right, So
there is no that we've got to say, at me
INDs mona Anui hit a reef and went under, as
opposed to the at me inss mona Anui hit a
reef and went under. These things are hard to get right.
I've only just got used to getting my daylight saving.
This is my Daylight Savings. Ali, so he's up Ellie Jones,

(01:00:31):
Tim Wilson our huddlers this evening. We're back in a
couple of minutes fourteen to six.

Speaker 1 (01:00:36):
The Huddle with New Zealand Southeby's International Realty Elevate the
marketing of your home.

Speaker 2 (01:00:41):
And on the Huddle this evening, Ellie Jones from red
PR Tim Wilson, the CEO of the Maximum Institute. Elie
an extraordinary interview earlier in the show with the head
of the dog shelters for Auckland City Council. So Auckland
Dog Shelters have been forced to euthanize about eleven dogs
a day over the last financial years, more dogs than
at any other point in the past decade. And I
think the term that she used was that dogs have

(01:01:02):
been handed round or puppies are handed round like Lolly's
in some parts of Auckland. At the moment, I mean,
this is terrible. Do you think it justifies greater regulations
and restrictions on who can breed dogs?

Speaker 27 (01:01:16):
I don't know where you start, you know, is it
the breeding and does that just make it then go underground?
And I didn't hear the interview, but What was interesting
about this issue is that I did go back and
have a look at what the situation has been in
christ Church, and in twenty twenty three June, covering the
eleven months prior to that, there were two two hundred

(01:01:36):
and forty six lost dogs reported to the City Council
here in christ Church. Only five hundred and sixty five
had to go to the dog shelter, and of those
five hundred and sixty five all were either adopted or
they ended up back home. None were euthanized or euthanized.
So and I think one of the things that works
there for us is that our team, which is awesome

(01:01:56):
at the City Council, is that they work with other
organizations like Dogs Watch and Bull Breed and they try
really hard to adopt these dogs out using social media.

Speaker 20 (01:02:05):
And so forth.

Speaker 25 (01:02:06):
But I don't know how you stop this.

Speaker 27 (01:02:08):
I mean, this is clearly did they say in the
interview it's a result of.

Speaker 2 (01:02:12):
Cost of living, combination of fact, but well, just I
mean there's the COVID as well, which meant that dogs
weren't being desex nearly as regularly as they had been
in the past. That's the big one, right, And then
basically people are taking on dogs. And I mean the
example that the animal shelter management manager used with us
was she said that dogs are sometimes people have them

(01:02:32):
for a year or two, they get sick of them,
they let them go, they abandon them, then they immediately
go and get a new puppy. I mean, it's really
it says a lot about responsibility, Tim, Yeah, it does, Jack.

Speaker 26 (01:02:42):
And owners needs to be made more accountable, I think
because dogs behaving badly as a sign of humans behaving badly.
And but what's particularly said is I think a quarter
of those those dogs who were euthanized was because there
was no room in the pound. Yeah, that is just
that is just really that's that's that's really sad. And look,
I'm going to I'm going to make a bit of

(01:03:03):
a pivot here, but you think about what about those
humans who have to quote unquote choose euthanasia because of
no limited access to pelleative care and issues like that.
We feel sorry for the dogs, but I think as
we think about reviewing the euthanasia legislation through the lens
of pelleative care, we look to that too.

Speaker 2 (01:03:20):
Well, that is definitely a pivot. Him.

Speaker 25 (01:03:24):
Can you remember that.

Speaker 27 (01:03:25):
Do you remember that promotion years ago where we were
told that dogs were not just for Christmas?

Speaker 12 (01:03:30):
Do you remember that?

Speaker 2 (01:03:30):
Yeah, yeah, yeah, And I thought it.

Speaker 27 (01:03:33):
Was really effective. It was telling people you have a dog,
you have it for the life of the dog. It's
not something you just keep for Christmas.

Speaker 2 (01:03:39):
Yeah.

Speaker 27 (01:03:40):
And maybe there needs to be a bit more public
information around them.

Speaker 2 (01:03:43):
I think it's going to be the decexing and I
reckon for people who are selling dogs effectively breeding them.
I think we could look at, you know, greater regulation
around that as well. Thank you so much for your
time and thoughts, guys, really thoughtful as always, our huddle
this evening, Allie Jones and Tim Wilson, thank you for
your vback as well. Jack to Jack, absolutely love the
twoy billboards. Jack, the two billboards are great. Not so

(01:04:05):
sure about there be ninety two ninety two if you
want to get in touch. That is the text number.
It is seven minutes to six year with Jack Tame.
This is News Talks.

Speaker 20 (01:04:12):
He'd be.

Speaker 1 (01:04:15):
On your smart speaker, on the iHeart app and in
your car on your drive home. Heather duple c Allen
drive with one New Zealand one Giant Leap for Business
News Talk SIB News Talks.

Speaker 2 (01:04:27):
He'd be thank you very much for your feedback.

Speaker 6 (01:04:29):
Jack.

Speaker 2 (01:04:29):
Absolutely disgusting that Auckland Council has been forced to put
down so many dogs. A dog is part of your family.
Anyone How any human being can be so cruel to
an animal that they abandon it. I just do not
understand it, says Steve. It's the puppy millers, all the
people making designer dogs that think they're going to make
heaps of money that I think is the big problem.

(01:04:50):
People need to be held accountable. Sorry for the rant, No, Steve,
do not apologize. I'm totally with you on that one.
Totally with you. I think you hit the nail on
the head. I mean those numbers are extraordinary. Eleven dogs
a day for the last financial year for all con
City Council. Just imagine what it's like on the staff
working there. Because people working in animal shelters are people
who love animals, they love dogs, you know, I just

(01:05:11):
imagine having to go through that. It is really really tricky.
We'll get to wear your feedback after six o'clock this evening.
As well as that we're going to take a closer
look at why the banks are still stress testing mortgage
holders at nine percent, especially ahead of tomorrow's OCR announcement.
I mean, most of the big banks, all of the
retail banks in factor, are picking a fifty fifty basis

(01:05:33):
point cut to the OCR, maybe a fifty basis point
cut in the OCR coming up in November as well
for the last OCR call before Christmas. If that is
the case, if we're potentially looking down a situation where
in six eight weeks time, the OCR is going to
be one hundred basis points lower than it is right now,
then why on earth are the banks stress testing at

(01:05:54):
nine percent? I wonder if it has anything to do
with a certain election being held at the start next month.
As well as that news today or official documents released
today on the health New Zealand budget blowout. It just
gets getting bigger and bigger and bigger. One point seven
billion dollars is the latest number. So we will give
you all of the details on that very shortly. I

(01:06:16):
mean one point seven billions. It's always sort of made
up numbers at this point, isn't it. News is next though,
It is just coming up to six o'clock. Jack tame
in for Heather du plasy Allen. This is Newstalk ZEDB.

Speaker 1 (01:06:43):
What's what's down? What were the major calls and how
will it affect the economy of the big business questions
on the Business Hour with Jack Tam and My Hr
on News TALKSB.

Speaker 2 (01:07:00):
This time tomorrow the Monetary Policy Committee for the Reserve
Bank will have made their call, the second to last
for twenty twenty four. Fifty basis points is what is
being packed by most of most economists and the big
banks at the moment. So what will that mean for
our mortgage rates? What does it mean for a November
cut as well? We'll take a look at that before
seven o'clock this evening. Right now though it is seven

(01:07:21):
past six, and Health New Zealand could be in the
read by almost one point eight billion dollars by the
end of the financial year. It's come from official documents
released this afternoon that we're requested by the Health Select Committee.
It shows that Health New Zealand was insisting it was
on track to meet its twenty three to twenty four
budget and provide more than half a billion dollars in
savings right up until March of this year, before a

(01:07:43):
sudden deterioration in its financial position. The Association of Salaried
Medical Specialists executive director Sarah Dalton is with us this evening.
Kill to Sarah Shelter Jeck, how are you doing very well? Thanks?
So what is going on here? Why are they losing
so much money?

Speaker 28 (01:08:00):
I'm not sure that that the picture here is quite
what is being claimed. So I've had some of my
team trying to pull through those papers, and as you
probably know, there's more than four hundred and fifty pages
that have humbled out today, so there's a lot in
there to look at. And as far as we're concerned,
what it seems to be showing is that we're still

(01:08:22):
not investing enough in our health system. If you're trying
to increase staffing in our health system, it costs more,
and if you don't budget for that, then it's going
to look like a blowout. So that's an issue, and
that's really government choices right in terms of how they
fund heals. We already had heard that a big chunk
of that deficit is more than five hundred million dollars

(01:08:43):
of pay equity money that hasn't been transferred across yet
running a health system isn't cheap. All the pational groups,
as far as we can see, still appear to be understaffed,
and that's certainly what our members are telling us. But
you know, both things can be true at the same time.
That it is costing more as you staff up and

(01:09:03):
you still don't have enough staff, right, And we're in
a system that's been run down over many, many years,
So staff's a big cost. Deferred maintenance costs as you
start to address those things really expensive. And health CPI
runs higher than average CPI, so you.

Speaker 2 (01:09:23):
Know, it's it's a combination. Yeah, it is.

Speaker 3 (01:09:29):
It is.

Speaker 28 (01:09:29):
So I'm not sure that we're seeing mismanagement. We're still
seeing an under investment in our health system. But you know,
the ways we account for it, the way the government
chooses to push the money through, the way to fu
to Order plans that spend over the year, all of
those things will have an impact on the books. But
I think what matters for most New Zealanders is can

(01:09:52):
I get the care I need when I need it?

Speaker 2 (01:09:54):
Yeah, of course has to fus to Order been sufficiently
transparent about its financial position.

Speaker 28 (01:10:01):
We don't really get to see the detail inside of
those numbers. So I was just in a meeting today
about a critically understaffed service and acute service and had
a bit of hand ringing from the local boss and
the regional boss about oh, well there, you know how
difficult it is, and it's like, well, actually I don't.
This is a core public health service that needs to

(01:10:22):
be staffed. You're not proposing to close beds and nor
should they, but you need to fund staffing to make
that need. So we're looking at health the wrong way
round and I think this government needs to own that.

Speaker 2 (01:10:37):
So how are we looking at the wrong way around?

Speaker 28 (01:10:40):
Well by saying what we'd like to help you with
this obviously understaffed service, but you know we're running a
bit short of money so we can't.

Speaker 4 (01:10:48):
Pay for that or it's difficult.

Speaker 28 (01:10:50):
Well hang on, isn't part of the social contract that
you must.

Speaker 2 (01:10:54):
So what kind of intervention do we need or is
it simply a case of getting the government to pony
up even more money.

Speaker 28 (01:11:02):
Well, you know, obviously they're looking for a decent return
on the money they put in, and they want to
know the money is being spent wisely and appropriately. But
for example, the minister's announcement about money being spent in
the Palmerston North ed today they talked about six million
dollars three and a half million dollars in the first year.
It says it's coming out of of operating you know

(01:11:25):
already agreed operational funding. So it's not new money, it's
it's recycled money from somewhere else, or it's being taken
from another party. Where is that coming from? So I
think we need a little more visibility about where are
the priority area is. Recently there was a news letter
to staff from GIAPA inlist Levy saying, you know, we

(01:11:48):
won't make cats to the clinical frontline. Well I don't
agree about that, but let's just assume that for a moment.
But we may be making some cuts from the National
Public Health Service well, as far as we concern, that
is also frontline. I've written to.

Speaker 4 (01:12:01):
Them asking what are those cuts, what's impact what you
plan to do? Haven't had a response. So we need
to understand what sits behind both the numbers but also
the priorities for care. We're going to have to drill
down into that a bit.

Speaker 2 (01:12:15):
Yeah, if you can look at it at this with
whatever relationships and biases and all of those things put
to one side. Can you acknowledge that there are inefficiencies
and bloat within parts of Tifutu, water Health New Zealand
and New Zealand's health system management at large?

Speaker 28 (01:12:36):
I don't know, to be honest, maybe I don't see it,
but I only see part of the system. Right. What
I see is that overcrowded wards and overcrowded eds cause
and efficiencies which create costs. I also could say that
a heavy reliance on locom staff costs heaps.

Speaker 2 (01:12:57):
Yeah, because they more right.

Speaker 28 (01:12:58):
Yeah, yeah, so I would call both those things in efficiencies,
but they're all about shortages at their heart. We could
also have, you know, an even more wide ranging discussion
and saying that respiratory disease from damp houses, preventable diseases
through poor diets, alcohol sugar lead people to spend time

(01:13:23):
in hospital than might otherwise. Not, so that brings us
back to public health. It also brings us back to
a whole other things like warm, dry housing, affordable housing
that sit well outside vote health.

Speaker 2 (01:13:33):
Yeah, yeah, that's tricky. I thank you so much, Sarah.
We appreciate your perspective. Sarah Dalton is the executive director
of the Association of Salary Medical specialist Brad Olsen from
Informetrics with us next fourteen past six on news dogs EDB.

Speaker 1 (01:13:47):
Crunching the numbers and getting the results. It's Heather dupic
Ellen with the Business Hours thanks to my HR, the
HR platform for SME on NEWSGB.

Speaker 2 (01:13:58):
Sixteen pass six on Newstalks B. We've got some new
insights into how companies view hybrid working and the use
of AI. Hunter Campbell has just released more of their
mood of the CFO report, and it found of the
company surveyed, one in five reported their business had adopted
stricter work from home policies in twenty twenty four. In
for Metric, principal economist Brad Olson is with us this

(01:14:20):
evening Calder Brad, is this surprising, Culder Jack, No, Well,
I don't think so.

Speaker 29 (01:14:25):
I think it's really a necessity there for businesses who
during the pandemic, of course, you had to allow a
lot more working from home, otherwise business operations often wouldn't continue.
But over the last year or so people have been saying, well, actually, look,
let's try and get a little bit more of a
policy in place that's understand what those implications are. Let's
have more of a discussion. But I think also this

(01:14:46):
is not sort of a binary either you must work
in the office or you never work in the office environment.
Looking through some of the survey results from the Hunter
Campbell Mood of the CFO survey, what was interesting was
that sure you do have sort of you've still got
a lot of people working from home, but about forty
one percent of businesses reported that there are more people
working in the office now than twelve months ago. So

(01:15:08):
there has been a bit more of that shift. And
we see that as well in a lot of other
data where it's really a bit of a lifestyle change
right where you've got a lot of particularly you know,
inn urban centers, where you've got the rise of the twits,
the Tuesday, Wednesday, Thursday workers and people work at home
on Mondays and Fridays. So I think what it is
is that lifestyles are reshaping how you do businesses reshaping,

(01:15:31):
and actually you've got to be careful with this hybrid
working that you don't go too strict and actually risk
losing some of your good workers.

Speaker 2 (01:15:38):
So there's a balance with all of them. Yeah, so
talk to us a bit more about that. What else
do we learn from the report about working from home
trains Well, I think that the biggest one was that,
you know, people are still looking at sort of how
that shift looks over time, because there was still around
eight percent of businesses that reported that more employees were
now working from home than a year ago, So it's

(01:15:58):
not sort of a one way street, one way direction.
What's also I think coming through though, is that with
that sort of shift to hybrid working, it's been enabled
by a greater level of use of technology. Right, you know,
go back a couple of years ago and you never
had to say, well, you're stuck on mute because most
people didn't do zoom, teable or whatever calls. What's also, though,
become a lot more parent is that we're all using

(01:16:19):
technology in a very different way. So AI was one
of the other areas that, funnily enough, has sort of
come through as a much sort of bigger part of
what businesses are doing. About forty four percent of companies
seem like they're currently using AI, which is probably a
bit higher than I would have thought given that, you know,
some of the Treasury results, for example, suggests that our
uptake ism is good, but it also seems like our

(01:16:41):
AI use is a little bit more.

Speaker 29 (01:16:43):
Sort of simplistic. We're using it for spelling and grammar,
we're using it for translation services. We haven't given it
and sort of told it the AI overlords to run
yet with all of our data and make lots of
big decisions. So I still think we're probably feeling our
way through there. I'll makes you encouraged because we know
we've got a productivity problem in this country, and so

(01:17:04):
AI and technology that does have big advantages for us
for the future.

Speaker 2 (01:17:08):
Yeah, this is the danger, right, because because I mean
there are kind of infantestible options for AI, right, and
applications for AI. There are so many different applications. I mean,
the vast number were probably never even considered. But the
way that many of us engage with AI in the
first place, at least as consumers, was through chatbots. So
that's the way we think about AI, right, But it's

(01:17:28):
so much more than chat GBT totally.

Speaker 29 (01:17:31):
Well, and you look, I mean chat GPT can't tell
me how many ares there are in the word strawberry.
So I think there's also like there's a natural level
of caution, right, And that was what one of the
other things was that you know, CFOs also said that,
you know, some of them were a bit cautious and
a bit worried about it about sort of forty five
percent of sorry, fifty five percent of CFO said they
had some concerns around AI, not from it it's a

(01:17:52):
bad thing, but more like, what are the processes you
have to put in place, what's the right sort of
you know, framework. And I think though as well, that
big part where we often talk about AIS, that sort
of the worry around risk of jobs, and I totally
understand that. I think what's interesting, certainly in my own experience,
and this was born out in the survey, was just
how much sort of you can get a bit of
productivity game without having to throw an entire task over,

(01:18:13):
but you just make yourself so much more efficient. So
I think thirty seven percent of CFOs report that in
their business they use AI for the likes of meeting transcription. Now,
someone who can never read my own handwriting, after I've
scribbled some notes in a meeting, getting an email afterwards,
it's not only a transcript, but a summary that says, hey, Brad,
you said that you were going to do these couple
of tasks afterwards. That has you know that is incredibly useful.

(01:18:36):
That's the way you do it instead of saying, well
you'll replace it. Well, actually you don't have to do
as much of these other tasks. You've now got more
time to do those high value adding tasks. That's where
the benefit lies. That's a really really good point.

Speaker 2 (01:18:46):
Hey, you guys are still picking fifty basis points tomorrow, right, No, we're.

Speaker 29 (01:18:50):
One of the only ones that isn't. We're on team
twenty five. But to be theajeck, I could definitely see
a fifty basis point cap coming.

Speaker 2 (01:18:57):
However, I'm a little bit worried.

Speaker 29 (01:18:59):
This decision that comes out two pm tomorrow is a
week before we get the latest inflation data, so that
worries me. I'd be much more comfortable with twenty five
tomorrow signaling there's a good chance of perhaps fifty come November,
because also in November, the Reserve Bank's got a three
month break. They can assess how things are going over summer.
Might be a bit of an insurance policy, So what.

Speaker 2 (01:19:20):
Are you picking next week?

Speaker 20 (01:19:20):
Though?

Speaker 29 (01:19:21):
For the CPI at the moment, we're sort of in
that two point three percent.

Speaker 2 (01:19:25):
Feet to come out bread well within the band it is.

Speaker 29 (01:19:29):
But this is my worry writers that over the last
couple of days. You look back two weeks, all the
bank economists were sitting at twenty five, maybe one at fifty.
The last week, everyone's gone to fifty last night, but
someone on the radio is like, we should go seventy five,
And I just worry if that's the direction we go,
and then we're all going, wow, everything is completely lost control.
If the Reserve Bank does fifty or anything more, it's

(01:19:50):
sort of as saying that it has already lost control
of things and it's behind the eight ball. So I
think that's why I think twenty five than fifty would
be more considered. It's probably time for fifty. But that's
not what they said last time.

Speaker 2 (01:20:01):
But why why if we are within the band, shouldn't
the Reserve Bank cut to a neutral rate.

Speaker 29 (01:20:06):
But this is also the argument though, right for last
time and the time before then, they've said, look, you know,
look at the pretty pictures and you'll see what we
were thinking. And that's pretty hard to look through. I
think that this is the worry, though, Jack, you know,
and I'll try and keep the short. The worry for
me is that in a sense, I'd definitely be picking
much larger cuts, but I worry that at what point
then do we go, Well, the Reserve Bank said something,

(01:20:27):
and we almost have to imply that they'll do the
exact opposite the next time, so that all factors in.

Speaker 6 (01:20:32):
You could read the.

Speaker 29 (01:20:33):
Data anyway you want, fifty or twenty five, both very
live options on the table.

Speaker 2 (01:20:37):
Very good. Thanks for your time and expertise has ever
Brad brad Olsen in for Metrics Principal Economists. They are
twenty three Part six.

Speaker 1 (01:20:45):
Crunching the numbers and getting the results is Jack Team
with the Business Hour thanks to my HR the HR
solution for busy s Emmys on news Talks.

Speaker 2 (01:20:55):
We six PAS nine on newstalks 'db host of the
Country Jamie McKay is where US and amy ZESPRI is
doubling down on its efforts to convince its New Zealand
growers of the value of greater Northern Hemisphere supply.

Speaker 5 (01:21:07):
Yeah. Well, they want to keep the shelves and the
supermarkets full, Jack, good afternoon or good evening, by the way,
a full for twelve months of the year. So what
they're going They've gone to their growers and they've asked
them to consider up to licensing up to four hundred
and twenty additional hectares per year over six years, all
up about two and a half thousand hectares to try

(01:21:28):
and fill that off season production lack lag if you want.
Here in New Zealand, they had to crack a couple
of years ago to try and get ten thousand hectares
of Northern Hemisphere supply or orchard plantings, but it missed out.
They need a seventy five percent threshold or approval to
get it past. The goalie only got just under seventy.

(01:21:49):
So the current proposal Jack is down size to two
and a half thousand hectares mainly in Italy, France, Japan,
Korea Grease half it'll be planted and Italy is sun
Gold Grease interestingly, is right into the Kiwi fruit green.
That'll help the supply there. Italy is the jewel in
the company's crown, and believe it or not, they've had
strong growers over there for over twenty years now. The

(01:22:13):
problem for Zesbury or Zesbury Growers is if they don't
accept this, there will be plenty of out of season
suppliers in the Northern Hemisphere. Out of our season suppliers
and the enormous hemisphere who would be very happy to
fill those supermarket shells. So I think they've got to
go with it. At least they control it, unlike what's
happening in China.

Speaker 2 (01:22:33):
Yeah right, Jamie. No, Fonterra Pharma shareholders have decided to
go through with the non assessment process for the Fontira
direct is election.

Speaker 5 (01:22:41):
Jack. At times, I've been a bit critical of Fonterra
and and the selection around the board because it's kind
of like big Brother. They assess all the candidates and
if they don't give you the tick of approval, you
haven't got a dog show. But unfortunately, if you were
a would be candidate and none have put their hands
up this year, you would have been up against John Nichols.
I don't really know much about John Nichols, but I

(01:23:02):
know plenty about the other candidate, the director standing for reelection,
Peter McBride. He's the chairman along with Miles Hurrell. He
has turned the good ships on tra around, so that
will be an absolute shoe on. So there you go.
No changes around the board.

Speaker 2 (01:23:19):
Oh very good, Jamie, Thank you very much, sir. That
is host of the Country Jamie McKay before seven o'clock
on Newstalks EDB. We're going to take a closer look
at why banks are still being so conservative with lending
stress testing at nine percent when interest rates are coming down.
It's almost like thirty. Their news is next to you
with Jack tam on newstorgs B.

Speaker 1 (01:23:43):
Whether it's Macro micro or just playing economics, it's all
on the Business Hour with Jack team and my HR.
The HR solution for busy SMEs NEWSTALKSBEE.

Speaker 9 (01:24:02):
You can see it's stand these.

Speaker 2 (01:24:08):
If you're looking for a challenge, I would say warmer climbs,
but I don't think that Tasmania really is warmer climes
comparable climbs. Tasmania's largest farm is back on the market.
They're expecting offers of more than one hundred million Australian
dollars about one hundred and ten million. New Zealand Rushi
Lagoon you if Ozzie's absolutely nailed the names. A Rushi

(01:24:32):
Lagoon is the sprawling twenty two thousand hectare property. It's
in the northeastern tip of Tasmania anyway. It's up for
sale right now. So if you're going to call one
hundred and ten million looking for a lifestyle change. Rushi
Lagoon could be for you. Twenty three to seven, Jack
Team and banks are still stress testing mortgage applicants at
rates at eight point seven percent almost nine percent, as

(01:24:53):
borrowers hope for another interest rate reprieve after that OCR
announcement tomorrow. So one year mortgage rates have dropped to
a about six point three percent. They peaked at seven
point three percent back in January, so they've lost a
four percent over the last eight or nine months. A
and ZB and z k WE bank stress testing home
buyers at eight point five percent. West Pack at ASP

(01:25:13):
is slightly higher at eight point six five eight point
seven respectively. Lee Hodgits is the national manager at the
Finance and Bocage Advisors Association and it is with us
this evening.

Speaker 30 (01:25:22):
Get a Lee, Hi, Jack, Are you going very well?

Speaker 2 (01:25:26):
Thanks? Why are they stress testing homeowners at almost nine
percent when everyone reckons the OCR is coming down.

Speaker 30 (01:25:33):
I guess it's just the formula and the policy that
each bank have, and they are all different. There is
no flat sort of stress tests or a buffer rate
that they add to say the variable loan rate. Here,
I'll just take a step back. In Australia, if you're
interest rate is eight percent, they'll add on three percent
and you'll get tested at eleven percent and all the

(01:25:54):
banks follow that. It's a regulated thing. So thank goodness
we're not. We don't do that because we would be
in a worsen a much more tricky position to get
finance here in New Zealand. So all the banks, all
the lenders do have different formulas how they come up
with the stress testing a percentage, but a lot of
it it could be between you know, two and three percent,

(01:26:16):
but we're seeing that to be lower. Importantly, it's not
against the fixed straight so yeah, we've seen some really
good rates coming out for one year down to I
think six point three five and a couple of special
rates coming out too. But it's tested against the floating
rate or the variable rate.

Speaker 28 (01:26:33):
Yeah.

Speaker 30 (01:26:34):
So that's that's the key here, Jack. If you come
off for six months floating rate, you go on to
that variable rate. So you could go from a six
point interst rate and straight up to like an eight percentage.
That's where things were heading, but hopefully we're moving downwards.
But the key is it's against the floating rate.

Speaker 2 (01:26:53):
Yeah, right, So to what extent do the banks when
they are making these considerations, to what extent did they
involve their forecasts? So if banks are expecting interest rate
cuts and a cut to the OCR, do they take
that as part of their equation.

Speaker 30 (01:27:08):
Yeah, absolutely absolutely, And look I've spoken to a couple
of the banks today just to get a bit of
a understanding, a deeper understanding, I guess, and they all
operate quite differently, but they do take in the OCR rates,
so look at the economic climate, and they'll take a
bunch of those factors into place before they set their
their servicing rate, which is another word for the test rate.

(01:27:31):
So yeah, so it's not one standard approach, but we
don't have that really heavy regime that it's a high
it's you know, three percent above the rate. And look
as interest rates come down, and we're all expecting that
to happen, of course tomorrow, we will see these stress
testing or these testing rates come down as well. They

(01:27:52):
came down slightly when we went downer point two five
percent in August, and we'll see a little bit of
a reduction here, which again will makes it more affordable
for borrowers.

Speaker 2 (01:28:03):
So I mean, it is easy to grumble a little
bit about in stress testing so high, but ultimately it's
not just in the bank's interest to stress test their customers, right,
This is actually in customer's interest as well to a
certain extent.

Speaker 30 (01:28:15):
Yeah, and also to the consumer because if you if
you go into a home loan, and it's usually a
chunk of money you're borrowing from a bank, you want
to make sure that you've got that buffer there so
if interest rates do go up, you can afford to
keep keep the loan, and that's the real key part.
So it's protecting the consumer as well. So it's a
bit of an all round time.

Speaker 2 (01:28:36):
I mean, it's like it's like the old subprime mortgage crisis, right,
like if consumer if you can just go and sell
any old mortgage rate to consumers and they don't necessarily
understand the implications and they end up facing a much
steeper interest rate than they were perhaps initially expecting, then
that obviously isn't in their interests.

Speaker 4 (01:28:53):
That's right.

Speaker 30 (01:28:53):
That's right. So, yes, the banks makes some money out
of it, and we all know that they make a
lot of money, but we also want to protects and
make sure that we can afford our home loans. I've
got one coming off a fixed straight soon, so I'm
looking eagerly at what's happening now on these these and
again twelve one year, two years is what most people
are refixing it at the moment. No one's sort of

(01:29:15):
going any out further than that. These are consumers that
are looking at refined or refixing their lines because there's
that expectation that the rates will go down, and we're
seeing those reductions in rates being factored into so that
the twelve months even the two year rates to a
degree at the moment, and things are looking good.

Speaker 2 (01:29:32):
Yeah what what what do you what sort of feedback
of your members getting from customers. But as to the
kind of sentiment for people who are looking to get
into the property market sometimes soon or preps upgrade their place.

Speaker 30 (01:29:42):
Yeah, again, it's another little bit of hope that things
will be more affordable. I think it's it's confidence in
the market. They can borrow a little bit more money,
and they know that interest rates forecast is looking at
going down next year again, so it's giving people consumers
that confidence to go in. But eyes wide open, and

(01:30:05):
we don't want the rates to go down too quickly.
Because then it's a bit of a free for all
and we just need to make sure it's a managed reduction,
but any reduction, and we're hoping it's point five tomorrow
as well, and perhaps another a smaller drop towards November.

Speaker 2 (01:30:20):
Yeah, so you're thinking maybe a fifty tomorrow and twenty
five in November.

Speaker 30 (01:30:24):
Yes, that could be wishful thinking, but that's sort of
what we'd like to see. Definitely point five tomorrow, I
think that will. It takes about, you know, twelve to
eighteen months to see the effects of interstrate drops, you know,
in the economy, so it takes a little while to
see the outcomes of the disinterest rate drops on spending
habits and the comfort with the consumers. So yeah, the standard,

(01:30:46):
we start reducing it at a good rate and then
we'll have a better year in twenty twenty five.

Speaker 2 (01:30:51):
Yeah, that's a significant lag a twelve to eighteen months
and easy, you know, to forget that. Not everyone is
fixing their mortgage or refixing their MOREGA the day after
the o CR announcement. We actually have to wait quite
until you're coming off a fixed period. But yeah, have
you noticed the difference though, because people were fixing for
longer periods generally on the way up, is does the

(01:31:15):
lag change on the way down when people are generally
fixing for shorter periods.

Speaker 30 (01:31:19):
Yeah, yeah, we are seeing that. So we're seeing i
mean even six months. It's not there's a few, quite
a few people going in on a six month rate
because we know that, you know, within the next six
months we'll see you.

Speaker 4 (01:31:30):
Know, further reductions.

Speaker 30 (01:31:31):
But people want that security of what their loan repayment's
going to be for in the near future. So we
are seeing six months, twelve months, and there are some
people going in two years because we know that the
rates will go down further, but that it's been factored
in a little bit, sort of like five point sixty
nine the figure I'm looking at at the moment for

(01:31:51):
a two year fixed rate. So therefore, you know, that's
already been priced in, and it would give someone some
comfort that they could, you know, if they were locking
in now if their loan is due to be refixed,
now that it's two years of what is a reasonably
good rate compared to what we've had in the last
four years.

Speaker 2 (01:32:07):
So for example, yeah, right, that, Yeah, that seems seems
to make a lot of sense. So you see it
at twelve to eighteen months for the lag to be
fully felt throughout the economy. But given the kind of
pent up demand in the housing market, are you expecting
a bounce back that perhaps comes a little faster.

Speaker 30 (01:32:26):
Yeah, And look that the inquiries have certainly ramped up
with our members. I've spoken to a lot actually over
the last couple of weeks about this, and inquiries have
picked up. I think there's more property on the market
and people are getting pre approvals again. Some banks are
doing pre approvals more readily than they were before. But

(01:32:47):
we should see some good activity as long as it's
manageable and you know, the turnaround times and the banks
can or with the volume increase, we've got to make
sure that the banks can manage with servicing the knowl Yeah, everybody.
And that's also mortgage advisors. You know, we've got a
lot of people out there that introduce lines to the banks,
are giving good advice to consumers and the customers out there,

(01:33:10):
So it's all going to be managed well. I think
that's the key to it as well.

Speaker 2 (01:33:13):
Yeah, Hey, thank you so much, Lee, really appreciate it.
That is the manager of the Finance and Mortgage Devisors
Association of New Zealand, Lee Hodgetts. I'll get to more
of your feedback in a couple of minutes and we're
taking you to UK and Europe. Next call it to seven.
You're with jacktam on Newstalks EDB.

Speaker 1 (01:33:29):
Everything from SMEs sort of big corporates, The Business Hour
with Jack Team and my HR the HR Solution for
Busy SMS on Newstalks.

Speaker 2 (01:33:39):
EDB, Tom seven Non newstorgs EDB, UK correspondent in the
Brady's with us high Ender.

Speaker 20 (01:33:45):
Hey Jack, good to speak to you, Agam you too.

Speaker 2 (01:33:47):
So who is now the second most powerful person in
the UK government.

Speaker 20 (01:33:52):
Well, you'll never have heard of this fellow, and unless
you're a major political geek focusing on the UK. He's
actually Irish Morgan Sweeney is his name. He's from a
town called mccroome in County Cork and he has just
been made Chief of Staff in Number ten Downing Street
by Keir Starmer. So it's clear there's been a power
battle for the past one hundred odd days that Labor

(01:34:13):
have been in power between one faction led by McSweeney,
who was the strategist who oversaw the election victory and
a woman called Sue Gray who was the chief of
the Civil Service, and Starmer recruited her, got her into
the Labor Party eighteen months ago with a view to
basically imparting all of her knowledge about how the civil
service works so Labor could get ready for government. There's

(01:34:36):
been a series of let's call the missteps by Starmer's
government since they've been in power, and I think she
has fallen on her sword, and ultimately Morgan MacSweeney is
now running the show at number ten. It needs to improve.

Speaker 2 (01:34:49):
Yeah, So is it going to be enough to turn
things around for Kostama? Do you think?

Speaker 3 (01:34:54):
Yeah?

Speaker 20 (01:34:54):
Look, I think Look, it's early days and he has
inherited a broken country. I mean literally, from the potholes
in the roads we drive on to the National Health
Service for seven million people are still waiting for treatment.
Everything is broken. There is no money to fix anything.
But what he needs to sharpen up on is internal discipline.
You know, all these leaks coming out of Downing Street

(01:35:15):
about the fact that Sue Gray was earning more than starmars.
So she was the advisor and he's the Prime Minister
and she was on six k year more just didn't
make any sense. So they need to start getting into line.
And you know, successful government's work when one person is
making the decisions and everyone is on board with that,
and clearly that has not been happening for some time here.

Speaker 2 (01:35:36):
Yeah, it's interesting, how I mean. So it's like you said,
these are not necessarily household names, although they fast becoming
in the UK. But chief of staff is absolutely vital
and given Sue Gray's experience, you know, many will have
been surprised to see these kind of tensions. Now an
Irish politician has been caught spying for Rassia and yet
he is still in parliament.

Speaker 20 (01:35:56):
You could not make this up, but he is still
sitting in Parliament and everyone's asking who is this Irish
politician caught spying for Russia? And what's happened basically is
an actual spy from the Russian embassy has been seen
in conversation with this person and observed by the Irish police,

(01:36:16):
by the military, by intelligence, all carrying out surveillance work.
And the feeling is that it was not money that
was being offered, but it was access to a Russian woman,
shall we say, in return for the Russians wanting introductions
to paramilitaries. We still have terrorists, although they're not killing
each other or anyone else, they still are around and

(01:36:37):
they still have weapons in the North of Ireland. So
this was a couple of years ago that the meetings
were filmed and observed and basically the Russians I think
were trying to stir up trouble in the North of Ireland.
It was peak bregsit negotiation time. There was talk of
a border down the Irish Sea, and obviously the six
counties in the North of Ireland are currently still part

(01:36:59):
of the United Kingdom and that was where the Russians
thought they could foment public unrest by you know, having
access to these paramilitary So this guy was prepared to
effectively sell his country down to Swanee in return for sex.

Speaker 6 (01:37:15):
Wow.

Speaker 2 (01:37:16):
Yeah, probably not the first. That case, Sadley and Hi,
the weagetha Christi libel case is going back to court.

Speaker 20 (01:37:25):
Yeah, you couldn't make this up. So the judge repeatedly
warned these two women over what was effectively a rout
about social media postings. In twenty nineteen. They were repeatedly
told that every minute you spend in this court is
costing astronomical cash in lawyers.

Speaker 3 (01:37:44):
Now.

Speaker 20 (01:37:44):
Colleen Rooney is married to Wayne Rooney, the soccer star.
She has had a successful TV career herself. Rebecca Vardy
is married to the soccer player Jamie Vardy, fellow England
player at the time with Rooney, and the two women
went at a big time in a libel case at
the High Court, which Colleen Rooney effectively won and costs
were then awarded against Rebecca Vardy. Why they're back in

(01:38:08):
court is because Vardi has just received the legal bill
from Rooney's lawyers and it amounts to three point two
mill instead. And Vardy is pointing out the hang on.
She's itemized that she looked at there's a hotel in
London apparently where lawyers were staying sixteen hundred n z
the night. There was mini bar bills, there was sub

(01:38:28):
quote quote substantial meals. You can just imagine the kind
of rock star lifestyle some of these lawyers were having
all on expenses. Varney's not happening. It's in front of
the judge and squat jack. That legal bill just keeps
ticking up.

Speaker 2 (01:38:42):
Yeah, yeah it does. Hey, thank you so much. Inda
appreciate your time in the Brady UK and your correspondent
is seven to seven. You ajag time on news talks.

Speaker 1 (01:38:51):
He'd whether it's micro micro or just playing economics. It's
all on the business with Hitt, Duplicy Ellen and my
Ahob the HR platform for sused TALKIP.

Speaker 2 (01:39:04):
Well, the All Backs fifteen have been named. They've got
to get a slightly unusual itinerary head. So they're playing
Georgia and Munster. I was a bit I was a
bit rough on Georgia earlier in the show. So and
got a couple of texts about as well, those keen
George and Rugby fans who are listening who said, actually,
you know, the Georgie and Rugby team is a whole
lot better than I might be giving them credit for.
So we will see when they take on the All

(01:39:25):
Backs fifteen. Anyway, Nick Buley is going to be going
through that squad announcement for the All Backs fifteen this evening.
He is on Sports Talk taking your calls after seven
o'clock this evening as well. That is us though for
this afternoon on drive. Thank you very much for your
texts and emails and for Kensy and Ando for doing
the tough stuff and oh the song to play as

(01:39:47):
after they don't want Your God.

Speaker 31 (01:39:49):
A bit of music radio Taylor Swift. Everyone loves Taylor Swift,
do they? Yeah, they do. You have to say that
if you're in music radio.

Speaker 2 (01:39:56):
Yes, Donald Trump doesn't.

Speaker 31 (01:39:58):
No, that's true, tweeted out.

Speaker 2 (01:39:59):
I hate Taylor, Yeah, everyone else does.

Speaker 6 (01:40:01):
Though.

Speaker 31 (01:40:02):
He's a fickle little Amanda. She's become the richest female
musician in the world. She's worth two point six billion
dollars and she said she's going to give it order
to fut to.

Speaker 2 (01:40:10):
Order, which is great. That'll get about to waterhole.

Speaker 6 (01:40:15):
Yeah.

Speaker 31 (01:40:15):
Yeah, so we get a new ship and they don't
worry about how New Zealand.

Speaker 2 (01:40:19):
She's coming very good. We're back tomorrow. Till then, have
a great evening.

Speaker 1 (01:40:27):
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.