Full Show Podcast: 10 July 2024

Episode Transcript
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Speaker 1 (00:02):
Pressing the newsmakers to get the real story.

Speaker 2 (00:05):
It's Heather Duplicy Ellen drive with one New Zealand let's
get connected news.

Speaker 1 (00:10):
Falk said, be.

Speaker 3 (00:14):
Afternoon coming up on the show. Turns out the crew
on the Arteta which ran aground absolutely not stoked to
be accused of getting a coffee while the boat was
on order pilot. We're going to speak to their lawyer.
The official cash raid is still at five and a
half percent, but there is a hint that cuts are
coming sooner than expected. Kiwibank on that and Federated Farmers
on Shane Jones saying we are at peak cow Heather
Duplicy Ellen, Well, thank goodness, there are some common sense

(00:35):
left in this country. Country Kindy has been given permission
to stay open for another twelve weeks at least.

Speaker 4 (00:41):
Now.

Speaker 3 (00:41):
I've been fascinated by this story since we got wind
of it late last week. And what happened if you
haven't been across it, is that Thursday last week it
was announced that the Ministry of Education was going to
close down Country Kindy from Monday, and then Monday it
was announced that Country Kindy was taking court action to
overturn the decision and then yesterday it was announced that
David Seymour had now got involved in his capacity as

(01:03):
an education minister, and the Ministry had agreed to allow
Country Kendy to stay open for the next twelve weeks
while the court action takes place, which is good because
this situation is ridiculous. First of all, imagine the impact
on the parents of those twenty two kids who are
told on a Thursday that from Monday they're going to
have to find alternative care for their kids. Good luck

(01:24):
trying to get kids into an early childhood center with
two days notice. Even in a place like Auckland, She's
got heaps and heaps of ECE on offer. It's hard,
never mind trying to find that in the manner were
two somewhere in the middle of Fielding and Hunterville. I
don't know about you, but I don't think there's gonna
be a lot of Kindi's there in Auckland. Just to
give you an example of how tight it is, I

(01:44):
was on a waiting list for a candy for eighteen
months until I canceled it because I couldn't be bothered
waiting anymore. So imagine what it's like somewhere between Fielding
and Hunterville. Imagine the impact on those parents right, Imagine
the impact on their workplaces because one of them ain't
coming to work because I've got a preschooler at home now.
And imagine the impact also on the kids who just
want to go to kindy and see their friends. But

(02:04):
worst of all of this is why the candy was
shut down. It was shut down because it failed to
meet seven seven regulations, including my personal favorite three. Condition
one a philosophy statement that guides the services operation. Literally,
it got shut down because it didn't have a philosophy statement.
Condition five. Demonstrate that adults providing education and care engage

(02:27):
in meaningful, positive interactions to enhance children's learning and nurture
reciprocal relationships. Condition six The practices of adults providing education
and care demonstrate and understanding of children's learning and development,
and knowledge of relevant theories and practice in early childhood education.
The teachers weren't beating the kids, they weren't starving the
kids to death locking them outdoors all day. There wasn't

(02:48):
a health and safety issue. Which didn't write a philosophy statement.
Apparently it means they need to get shut down. This
is ridiculous. What this is as a perfect example of
a why the early childhood sector desper needs that red
tape review that David Seymour's doing, and be what's gone
wrong with the Ministry of Education because apparently to them,
paperwork and philosophy statements are more important than kids just

(03:09):
being able to go to kindy. So thank goodness that
this place is still open, and he is hoping that
the Ministry of Education gets a spanking in court, Heather
due for ce Len nineteen ninet two is the text
number and standard text fee supplier and David Seymore's with
us on that. Just after the half past five news,
Now Woolworths is calling on the government to help a
deal with ongoing retail crime. They reckon that physical assaults

(03:30):
in store have increased fifty percent just in the last
year and they want tougher tress parcelaws, which they reckon
will help. Gary Morrison is the CEO of the Security
Association and with us nowhy Gary, Yeah, Hi, Heather, So
do you think the trest parcelors need updating?

Speaker 5 (03:45):
Definitely. It all refers back to the crimes at nineteen
sixty one, so we're talking about very old legislation and
whilst it covers what needs to be covered, it's very
old wording and very difficult to understand and comply with.
We fully support the argument.

Speaker 3 (04:01):
Okay, So their argument seems to be that if you
trespass somebody from misbehaving in one will Worth store, that
does not trespass them from the others. And if they're
misbehaving one will Worth stare, they're just going to go
to another one and do the same thing, and they
need permission to trespass them across all premises. Would you agree?

Speaker 6 (04:16):
I hope you agree.

Speaker 5 (04:16):
Yes.

Speaker 3 (04:17):
Are they going to listen to that though? I mean,
if somebody is coming in and assaulting assaulting other people
in a store, it's hardly as if they're going to
give two hoots about trespass laws.

Speaker 5 (04:26):
I think that's sort of a wider discussion about what
security can do at that stage as well. And it's
not just trespass. We're also talking about citizens arrest, we're
talking about breach of the peace, et cetera. So there's
other opportunities there, this ability to or retain property or
retrieve property. So we're actually in discussion with Minister mar
Mitchell on exactly the same issues. What is critical for

(04:48):
us is they have some support from the police and
to have appropriate training in conjunction with that as well.

Speaker 3 (04:55):
Okay, so citizens arrest, you want security guards to be
able to.

Speaker 5 (04:59):
Do this in the right situation with right training. Yes,
we should be able to retrieve property and if it's
appropriate and it's safe to do so, to detain offenders,
but that obviously needs the support of the police to
be able to do that as well.

Speaker 3 (05:14):
Retrieve property. By that, do you mean like, actually take
it off these people.

Speaker 5 (05:18):
Correct before we exit the store?

Speaker 3 (05:20):
Don securitygards actually not do that?

Speaker 4 (05:23):
No?

Speaker 5 (05:23):
Effectly, Well, I shouldn't say no flat out because the
Crimes Act actually allows it. But it's very difficult to
make that interpretation. And currently the advice would be not
to engage with offenders because of the risk and the
uncertainty that security staff could actually be arrested themselves for assault. Exactly. Yeah,
that's great, and that's a gray area that sits within
the law. Okay, we believe there are some fairly simple

(05:48):
changes that could be made fairly quickly before conducting a
fairly significant review of the Crimes Act, just to start
changing the messaging and the perception that's out there with
what with regards to.

Speaker 6 (05:59):
What can be done?

Speaker 3 (06:00):
Do security guards themselves want to be able to do this?

Speaker 5 (06:05):
Not across the board, and it would only be staff
who have got the right skills and the right attitude
and aptitude to do so, and who have gone through
their preparate training. And ideally for us, that training could
well involved working with the police to make sure they've
got a full understanding from a more of a policing
perspective as well. It is high risk and it would
only be for a small number of very well qualified

(06:26):
and trained staff.

Speaker 3 (06:27):
Right, so you can potentially do it, like, not all
security guards can do this, but if you reach a
certain qualification then you can do that.

Speaker 5 (06:32):
Yet exactly it would have been a form of accreditation
linked to training and licensing that would very clearly identify
which staff could do that.

Speaker 3 (06:40):
Okay, at the moment, security guards are just warm bodies
standing there, aren't they.

Speaker 5 (06:46):
I think it goes a little bit beyond that. They
do provide a protective function. They are there as eyes
and ears. They do minimize risk and if something happens,
they are there's control of.

Speaker 7 (06:54):
The situation, et cetera.

Speaker 5 (06:55):
So I think we have to give due credit to
what they do, but it is limited with regards to
the powers I have currently.

Speaker 3 (07:01):
Gary, best of luck trying to get this one across
the line, because it seems like that one's common sense
as well. That's Gary Morrison, CEO of Security Association. Now
bit of a bummer that lu Lusun has been and
knocked out of Wimbledon, But jeezy, I mean, that's an
impressive run. That's the furthest anybody playing under the New
Zealand flag has got into the quarter finals. How good
is that she now gets to walk away with seven
hundred and eighty two thousand dollars it's New Zealand dollars.

(07:24):
But I reckon, probably more importantly, her ranking's going to change.
I think her ranking was something like one hundred and
twenty three. Apparently it's now going to go to somewhere
between fifty and sixty, which is pretty incredible, which has
a significant impact actually on what happens to her, right
because if you're sitting at a ranking of around fifty
to sixty, it means you don't have to worry about
qualifying matches in order to get into tournaments. You'll just

(07:46):
guarantee the spot in the main draw in the next
four Grand slams. Now, that is important because before Wimbledon,
in order to qualify, she already had to play three
matches just to prove that she was of the standard
to get in right, So by the time she was
at the quarter finals, she had already I think played
seven matches and this was her eighth, and her opponent,
Donna from Croatia, would have only played four and this

(08:08):
was her fifth. That is a big difference in the
respective tiredness of each of the athletes. So if you
imagine you take out those three matches that you play
before a big Grand Slam and you just walk on
in there, things can only get better for Lulu soon.
How good?

Speaker 2 (08:21):
Quarter past Digging deeper into the day's headlines, it's Heather
Duper c Allen Drive with one New Zealand one Ji
of Leaf.

Speaker 1 (08:30):
For business used.

Speaker 3 (08:31):
Talks, it'd be Darcy Watergrave, host of sports Talkers with
me right now. Hey, dars greetings, have a sale GP.

Speaker 8 (08:37):
Well it's here.

Speaker 3 (08:38):
How good? Okay? So how is it that they've managed
to remediate the site that could not be remediated before
at the win your point, I don't.

Speaker 8 (08:45):
Know, but the lease has expired so BP no longer
have responsibility over that. Was it shelwrothought, was BP look
one of those great big conglomerates and that one of
the gas pumping I don't know, but they've the lease
has expired now so they don't have to worry about
dealing with that. The mitigating circumstances are they're still a
little worried about the possible toxicity of that particular area

(09:07):
of town at at Winded Quarter, which is exactly where
Sir Russell Coots wants his baby part from what I
can gather, they're going, they're looking at the ways to
mitigate the threat. It's only for a short amount of time,
so that might come into it, Like it's only a
couple of weeks. Maybe they'll what can you put down

(09:28):
to stop that? Maybe it rollsome Breamworth out.

Speaker 3 (09:31):
How toxic can the place seriously be if you're sitting
there for like how long you watch this thing for
if you're sitting in a stand, well not that long,
like a couple of hours.

Speaker 8 (09:39):
Yeah, But I don't know what the toxicity levels are
of things like that.

Speaker 1 (09:42):
I talk.

Speaker 8 (09:45):
It does, but I think that maybe and I don't
know this for sure, but Sir Russell coots after that.
Let's face it, that was an embarrassment for him. It's
his home city, it's the city of Sales, and he
couldn't do what he wanted to do and he packed
the sad, went down and started pestering dolphins. So he's
come back again good and I'd suggest that over the
passing time he's made absolutely sure that this embarrassment will

(10:08):
not happen again. So whatever James's paol, whatever he's done
behind the scenes, I would suggest, good work.

Speaker 3 (10:16):
Maybe the Auckland officials have got the hurry up.

Speaker 8 (10:18):
What maybe you think about all the people on the waterfront,
all the businesses on the waterfront that are suffering because
the bridge won't go down. They will be absolutely keen
to actually get people there. So I expect they would
have leaned in as well and said, hey, what can
we do about this because this is really essential for
major events and Tatuki are Auckland unlimited. This is huge

(10:40):
for them. This is a major event and they can't
be dropping the ball on this one. So whatever happened
in the background, most of us won't care as long
as we get I'm stoked an amazing event.

Speaker 3 (10:51):
Christ to you take your dolphins, I'll take my boats.
Auckland FC. Hey signing it Mount Smart?

Speaker 9 (10:57):
What is it?

Speaker 3 (10:57):
Mount Smart's actual name?

Speaker 8 (10:59):
Go Media Stadium Mount Smart.

Speaker 3 (11:01):
I needed to say that other than I'm going to
get a text from Mike at Go Media crack at me?

Speaker 8 (11:06):
Does he line your pockets? Does he not? Okay, Fine,
that's all right. That's the nose. And I'm just saying
it's a sponsorship. It's like a sponsorship. I feel that
I don't have to call any of these stadiums by anything.
I don't pay me to do it, do they.

Speaker 3 (11:18):
I've got nothing from Mike other than abusive texts about this, Like,
nothing from Mike other than abusive texts.

Speaker 8 (11:24):
Okay, I want to do you as goodwill. I should
start using the proper name. I'm still calling it a
Rata tonguel, which is the name of the hell before
people turned up and quarrying it for motorways way back
in the day. Oh, that was great, settlers Alien.

Speaker 3 (11:38):
I'm not surprised that that that it's Mount Smart because
they have been involved. I suspect from the start.

Speaker 8 (11:43):
Well, this has been a very poorly kept secret. Everybody's known,
but it's now I finally been official, it's been rubber stamped.
It's five years. There's not going to be a great
deal of change around the place itself. That all they've
got to do is work out the transport, workout deals
with a T and how to get people from all
over Tomamakodo there because at the moment, if you're way

(12:05):
out in the depths of West Auckland, you gotta catch
eight hundred trains. If you're lucky, you might get there.
Same with the north of Auckland. So this being I believe,
something that needs to be approached by Auckland e FC
saying how can we make this work? Because it's the
best stadium as far as viewing this concerned. It's a
rectangular stadium.

Speaker 3 (12:22):
Plus it's got a little bar out well there you go, Oh.

Speaker 8 (12:24):
Good, They'll make more little bars, trust me they'll be.
It's a rectangular stadium that you can see. The energy
in that place when it's full is extraordinary.

Speaker 10 (12:33):
So this is this is great news where it goes
to what five years whether they decide to build another one,
because you remember Bill Foley join me on Sports Talk,
the guy who owns all this, saying.

Speaker 3 (12:42):
You know, we want a waterfront.

Speaker 8 (12:43):
We want a waterfront one. We're gonna get it going down.
And like if you ever dealt with Auckland Stadium before
Auckland are Council before and he says, look, I'm gonna
get things done kind of guy. I said, okay, we'll
just hold that space a see what happened so hopefully
us So that's where they're going to be. So that's
great news.

Speaker 3 (12:57):
Thanks Darcy, appreciate it, Darcy water Grave Sports or Coast
back at seven this evening. Nice turtleneck, Thank you lord
every time. For twenty two.

Speaker 2 (13:07):
Digging deeper into the day's headlines, it's Heather Duper Clan
drive with one New Zealand let's get connected news dogs.

Speaker 3 (13:14):
That'd be Heather li Luson also gets free Wimbledon tickets
for life because she's part of the top eight club.
Now how good is that? Oh what a story. Listen.
No surprise at all in that the official cash rates
been held at five and a half percent. Also probably
not a surprise, but still what really welcome news that
it looks like the cuts are coming, because the statement
from the Reserve Bank today says the higher interest rates

(13:36):
are doing their job. They have significantly reduced consumer price inflation.
They're now expecting inflation to return to the one to
three percent target range in the second half of this year.
That's different to what it's said before, which was the
end of this year. So obviously they getting the results
faster than they were expecting. We're gonna have a chat
to Kiwi Banks Jared Kerr ten past five and get

(13:57):
his take on when they're calling for the cuts, right,
they were saying, well, I think they're still in a
November cup caller. I hope they are. That's what I'm
hoping for anyway, very very interesting story about the payout
to the former chief executive of the Film Commission in
the Herald today. Let me run you across the Skill.
There's more to it. Them was in the Herald right,
This guy, David Strong was only in the job for

(14:18):
nine months before he was put on special leave. It
would appear he was put on special leaf because of
a conflict of interest, and that's what I'm going to
tell you about in a minute. He was on leaf
for about four months, so he worked for nine months
on LEIF for about four months and then Leila. He
left with a payout of four hundred and forty thousand dollars,
which is way more than the payout to the chief
executive Caye or Order. That guy had been in the
job for eight years. This guy the job nine months

(14:39):
gets more money. That doesn't work right. Not only that,
but his payout is actually more than he was even earning,
which was three hundred and twenty thousand dollars. And while
he was on leaf for four months, he earned another
on hundred thousand dollars. You're very welcome, David Strong, for
all the money you got from us. Here's the conflict
of interest thing. So before David Strong became a chief executive,
he was a soldier. When he left the Defense Force,
he wrote a script called The p Pilgrim about a

(15:00):
traumatized SAS officer on the run with a massive political
with massive political corruption in New Zealand. He tried to
make that into a film and he shopped it around,
but no one wanted to do it because it was
expensive because you'd have to film overseas and then you'd
need explosions and staff, and it apparently wasn't very good.
But then Great Southern Pictures said they would make it.
Now it's going to be a TV show. Not a film.

(15:21):
Then David Strong, while he's working on his film his
TV show is appointed, in a big surprise to the industry,
is appointed the chief executive of the Film Commission. And
he's very upfront he's making this particular TV show. That's
not a conflict of interest yet, right, because the Film
Commission funds films and he's the boss of that. TV
shows like The Pilgrim are funded by New Zealand on Air.
It's a different body. But the problem is that Carmel

(15:41):
Sepaloni then sets up a new fund with fifty million
dollars to fund projects and it's run by New Zealand
on Air, the Munga Pahu and the Film Commission, and
so he is now involved in making decisions that in
some cases do fund TV shows or whatever. And then
Great Southern Pictures, which he's helping to make The Pilgrim with,
come to the fund for money and he yes, they

(16:03):
give it some money. There are seven props from Great
Southern Television. Two of them get funding. Now there's no
suggestion they shouldn't have got the funding. But what's worried
the industry is can he really be tough on a
company that he's working with How can you trust the calls?
He's put on special leave, he leaves the film commission,
he gets a payout. Come on, we can do better
than these conflicts of interest, can't we? Headline's next, The.

Speaker 2 (16:29):
Day's newsmakers talk to Heather First, Heather Duplicy Allen drive
with one New Zealand Let's get connected news talk z B.

Speaker 3 (16:48):
I'm getting a lot of texts saying lu Lucon is
not the most successful Kiwi at Wimbledon. Chris Lewis got
to the final in nineteen eighty three. Anthony Wilding won
Wimbledon four consecutive years from nineteen ten to nineteen thirteen. Yeah,
so on and so anyway, look, oh I'm sorry I
should have clarified I did. I lost a word there
which was Kiwi woman. So anyway, this is fair enough

(17:11):
to pull me up on it. This is slightly speaking
of women. Uncomfortable situation for the Greens, I would imagine,
because they are getting accused of not being very kind
to Mary women.

Speaker 1 (17:20):
Hmmm.

Speaker 3 (17:21):
Isn't this is awkward because this is the this is
their co pappa being nice to Mary women and basically
anybody else who's you know, diverse A former national MP
who is now a Watier news reporter, Claudette Howiti. You
might remember her from some years ago. She's now on
the news, obviously a Whittier news. She's basically accusing the
Greens of treating Mary women differently to how they treat

(17:42):
white women, because the Greens somehow have managed to get
rid of all the Mary women MPs who've caused trouble,
Mattedia Tude, Elizabeth Keittikety, Darling Tanna. But Julie Angenter. It
was a white lady and was accused of bullying and
was caught on camera yelling right up in someone's face
like there was there's no dispute about her behavior. It
was right there. Look at the video, look at her

(18:03):
behaving like an absolute crazy. She's fine. Not even investigation,
not even an investigation into behavior. She gets to stand
the party of the others out the door, she says,
this is Claudete Huiti. She says, it raises questions of
double standards in the Green Party. How safe is it
in the Greens for wahiin ne Mahi for the Green Party.
Let me tell you being accused of this, this is
dog whistling racism at them. That is awkward, isn't it?

(18:24):
Barry Soap is going to be us than ten minutes
and damage insiner standing by it's twenty two away from five.

Speaker 1 (18:29):
It's the world wires on news talks. He'd be drive.

Speaker 3 (18:33):
The big NATO summit is underway in Washington, DC. Here's
Joe Biden.

Speaker 11 (18:37):
It's a pleasure to host you in this milestone year.
Look backward, pride at all we've achieved, and look I
had our shared future with Trent and with resolve.

Speaker 3 (18:49):
Sometime during the summit, the Alliance is expected to declare
that Ukraine's path to membership is irreversible. Speaking of Joe Biden,
he's been challenged to another debate by his election opponent,
Donald Trump. Here's Trumpy, speaking at a rally in Florida.

Speaker 12 (19:01):
Let's do another debate this week so that sleepy Joe
Biden can prove to everyone all over the world that
he has what it takes to be president. But this
time it will be manned to man, no moderators.

Speaker 1 (19:15):
No holes barred.

Speaker 12 (19:17):
Just name the place, any time, anywhere.

Speaker 3 (19:20):
He's also challenged Biden to an eighteen hole golf match, obviously,
and finally, her great grandmother in Pennsylvania. Has one get
a load of this eight point one million dollars on
a scratchy. I've only even won about five Donna Osborne
was meant to fly to Florida with a daughter to
see some family, but their plane was delayed several times,

(19:40):
so she gave up when she went home, and she's
a longtime lottery punter, so she just grabbed herself a
scratchy on the way home to cheer her up. And
now she plans to spend some of the winnings on
a trip to Alaska.

Speaker 2 (19:50):
International Correspondence with Ends and Eye Insurance Peace of Mind
for New Zealand Business.

Speaker 3 (19:55):
Dan Mitchinson, US correspondent with US Now, Hey Dan, Hi, Heather.
I mean, he was pretty fire in that speech as
he quelled any concerns.

Speaker 12 (20:02):
No.

Speaker 13 (20:03):
I mean, it's interesting because normally when you get leaders
like this together, we'd be talking about what they're talking about.
But in this case, well, I mean it would have
been Ukraine and Russia obviously, but this week I think
it's more watching president buying to see if he's capable
to run the country for another four years, and that's
what everyone's talking about over here. I think he was
speaking a little better today. He had a little more energy,

(20:25):
it felt like from watching him. But remember, I mean,
this speech was read from a teleprompter, it was from
prepared remarks. It wasn't off the cuff, and you don't
take questions in the situation. So we'll see how this
works out later in the week. I think, you know,
by the weekend, early next week, we're gonna have a
better idea if he's got the support that he needs
to stay in this race, not just from world leaders
but here at home.

Speaker 1 (20:44):
Yeah.

Speaker 3 (20:44):
I mean, the thing about about his performance is that
it is so hit and miss, right, and we have
seen him go from being really really lackluster to being
really energetic, and so having an energetic performance once off
is not really convincing, is it.

Speaker 13 (20:57):
No, No, you're right, it's hit and miss. I mean,
the night after the debate, he was pretty good. When
he was out on the campaign trail, a couple of
days later, he was ah. Today he looked he sounded
real good too, And I think they're really working on
him to, you know, to stay the course and every
single day, and I mean every single day counts between
now in the next week or two, I think fair.

Speaker 3 (21:15):
Enough how's it going for Alec Baldwin.

Speaker 13 (21:18):
Well, I mean they've they've got a jury that's been selected,
so opening the arguments are scheduled for tomorrow. It looks like,
I mean, if things go as planned, this is going
to be a fairly quick case. I mean, closing arguments
are expected next week sometime I think around the nineteenth.
And he did score a little bit of a victory,
I guess when the judge ruled that prosecutors can't introduce

(21:38):
evidence of his status as a producer on this movie,
which he was as well as you know, starring, and
then that you know, it was kind of interesting too
because his attorney took a minute or two to remind
the jurors today that bald when it was or is
quote a real person and then asked everyone if they
had seen Baldwin in a movie or a comedy show
that they didn't like and would they hold that against him,

(21:58):
because some jawors obviously would. He doesn't have the best
reputation in the public. Y.

Speaker 3 (22:03):
Hey, how are they having a film festival in the prison?

Speaker 1 (22:06):
I love this?

Speaker 13 (22:07):
And to give you a little background, San Quentin State
Prison is a maximum security correctional facility for men. It's
located here in northern California. It's near San Francisco. You've
probably seen it a million times and didn't even realize
it on TV shows and movies, and so they're holding
the first ever film festival inside a prison. They just
named the jury today, which includes actors like Jeffrey Wright

(22:29):
who played oh Felix Leider in the Bond movies, and
Mary Louise Parker and a lot of other actors and
actresses too. This is going to take place on the
tenth and eleventh inside the prison. They're going to have
short form films and pitches from people who are currently
locked up, who were formerly locked up. They're going to
have a separate jury that's inside people that are currently
incarcerated as well as the actors. And you know, this

(22:53):
is the first kind of a film festival that's ever
been held here. But they already do a lot of
media works inside this place too. I mean, they've got
a podcast that they produce that's listened to all over
the world called Ear Hustle and Uncuffed, and they also
have a little sort of in house bulletin too. So
I guess it's just giving the people in there sort
of another resource when they get out, if they get out.

Speaker 3 (23:15):
Interesting. All right, Dan, thank you very much, appreciate it.
We'll talk to you in a couple of days. Its
Dan Mitchison, US correspondent here. The hope that we may
continues to get better, and you guys are catching up
on sleep, let me tell you, yeah, So, yes, I'm
catching up on sleep. He he's you know, like the
cough hangs around after the croup for a little while.
So he's going to take a little while. But anyway,

(23:35):
so he was well enough today to go down to
the skate park and have a crack on the scooter
against he likes scootering. I turned up to the skate
park to you know, hang out just a little bit.
Turned up to the site of old mate having little
mate having face planted into the skate park with a
busted lip and blood absolutely everywhere. I was like, it's
just one thing after the other with children, isn't it.

(23:57):
Here you are like one minute you can't breathe because
you're the next minute you're going too fast on the
scooter and now you've got a busted lip. Anyway, he'll
be fine, he'll be fine. It is a lesson to
him to put his helmet on, not that the helmet
necessarily would have helped the lip, but anyway, we're going
to use this as a learning experience. But I did
turn up to work with blood all over my coat,
which I only noticed when I was here, and I

(24:18):
was like, oh, well, there you go, badge of honor,
and now I've got a yarn to tell he'll be fine,
Thank you for asking. It sounds like the crew on
the Atter's Head Air this is the boat that ran aground,
are really not stoked about the story that New Zealand
First has put out that they put the thing on
autopil and went for a coffee. The bridge crew, it
turns out, are unionized, and they've got a lawyer, the
union lawyer, and he has categorically ruled out that any

(24:41):
beverages were involved in the incident, and he's really angry
with New Zealand posts. New Zealand First for putting that
post on Twitter, says it was completely inappropriate given that
it came from a party in government and it's spread
unfounded rumors. So we're gonna have a chat to this lawyer.
Troy's a Troy Stayed, who's going to be with us
just after five o'clock. Stand by for that. It's quarter
to two.

Speaker 2 (24:59):
Politics was centrics credit check your customers and get payment certainty.

Speaker 3 (25:03):
And your political correspondent barrisoapas with us. Hey, Barry, good afternoon, Heather.
Has Darling Tana quit yet?

Speaker 14 (25:08):
No?

Speaker 3 (25:08):
Has anybody heard from her?

Speaker 11 (25:10):
No?

Speaker 10 (25:11):
I've texted her on a number of occasions, offering her
the opportunity to put her side of the story. Never
heard anything back. It seems that there are leaks coming
from all over the place at the moment, though, and
one that was published today showed if you read it
on its merit, it shows that Darling Tana was all

(25:35):
over her husband's busoners and was involved in many of
the decisions and the allegations of migrant exploitation. She certainly
didn't convince you if you read the reports. She didn't
convince the barrister that was inquiring into it that she
was telling a straight story.

Speaker 3 (25:56):
On the balance of wasn't it something like on the
balance of probability? She she must have known about the allegation.

Speaker 10 (26:02):
Well, there was more than that, because she told one
story and then changed the story. And you know, I
think you know unless this report is formally released. And
this is what happens when you've got a political party
that really hasn't handled this well, It hasn't handled many
issues well this year. When they sit on a report

(26:23):
like this that was largely funded by the taxpayer, and
when Darling, when they say that Darling, Tana simply has
to line or has to sign off the release of it,
then you've got an issue. You're going to get leaks
all over the place, so you never know where you
really are.

Speaker 3 (26:39):
Some of those leaks may even be from the party.

Speaker 1 (26:41):
Yeah, well true that.

Speaker 10 (26:43):
And it seems that everyone agrees that Tana should resign
now as an MP and allow the Greens to bring
in the next person on their list. That's certainly the
view of Labor leader Chris Hopkins.

Speaker 15 (26:55):
I don't want to necessarily pass judgment on the issues
around migrant exploitation. I haven't seen that. But the reality
is she was elected as a Green Member of Parliament.
She's resigned from the Green Party and so she should
resign from parliament. She doesn't have a mandate to be
an independent MP. She was elected as a Green EMP.
She no longer is, so she should go. Everybody voted
for her to be an independent MP. They voted for

(27:16):
the Greens and she became an MP because of that.

Speaker 3 (27:19):
What a hypocrite, No is what a hypocrite agree with her,
It doesn't matter. He's happy to hand out advice to
another party to pull the pen on the walker jumping
legislation and be the first party to do that. But
when he had the opportunity with meta fight and he
did he do it.

Speaker 10 (27:32):
Well, the point is that he would make He was
asked that, and in fairness to help Kins, he said that, Look,
was a couple of months out from an election, so
what was the point of causing a by election? Because
she actually held her seat that Darleentana didn't she was
a list MP.

Speaker 3 (27:50):
I mean, there is there is some merit to that argument.
You'd have to say, how long can Darlin Tanna carry
the song where she's quiet? I suppose she can do
it for all of recess, right, so she's got another
two and a half week, Well, of.

Speaker 10 (27:59):
Course she can, and then she can turn up to
Parliament and be probably the most unpopular person in the place.

Speaker 3 (28:04):
Yeah, so's she's got round about three weeks maximum before
she has to turn up and face the music, turn up.

Speaker 10 (28:10):
And face the music, or join up with the Mouldi
Party and become a Maulti Party.

Speaker 8 (28:15):
MP.

Speaker 3 (28:16):
Can I talk to you about Joe Biden?

Speaker 10 (28:17):
Yes, of course you can.

Speaker 3 (28:20):
Are you convinced by his speech?

Speaker 10 (28:24):
Look, he's going to be very much sent to stage
over the next forty eight hours because it's the first
time in twenty five years that the NATO leaders thirty
two of them have met in Washington, DC. And sent
to stage of course will be Biden. He'll be hosting
a dinner at the White House, and of course he

(28:45):
will be chairing the main event and will be holding
a press conference which will be very interesting to see. Basically,
New Zealand gave more money to the Ukraine today on
the eve of the NATO summit because the Ukrainian President
to Lensky, he'll be there, So we're giving a further
sixteen million dollars in military and humanitarian assistance. And that

(29:11):
brings now to the total that New Zealand has contributed
to one hundred and thirty million dollars, a lot of
money we've given to this effort. Luxeon, apparently because he'll
be sitting on the sidelines. Interestingly, there's what they call
a P four, which is observers to NATO. New Zealand

(29:31):
is the chair of that this year, so he'll be
in the chairs in the chairman's seat of the observers
and that includes Australia, Japan and South Korea. So you
know he'll be more important than what he may have
expected to be, although he probably was well and truly
across it before he went there. But he apparently will

(29:53):
get probably meetings with the Canadian Prime Minister, Justin Trudeau
and with the lame duck president from France, Emmanuel mccron. Interestingly,
both of those were great fans of Jason Dad, so
he'll be meeting with them. Probably.

Speaker 3 (30:11):
Good stuff, Berry, Thank you very much, appreciate. It's Barry Soper,
Senior political commentator. It's coming up seven away from.

Speaker 1 (30:15):
Five digging into the issues that affect you. The Mic
Hosking Breakfast.

Speaker 16 (30:20):
Labor will be floating their new ideas for an inheritance tax.
The big hurdle for the taxes where you suddenly find
a wad of cash, or granddad suddenly croaks and leaves
you his farm or whatever, then you have to sell
your inheritance to find the cash to pay the state,
which destroys.

Speaker 8 (30:33):
The inheritance and the emotion connected to it.

Speaker 16 (30:35):
And then, in a cruel irony, some richer guy buys
your inheritance off you and he gets richer, and so
much ignores the fact that money comes from one generation
to it another. How many of us owe our house
to the windfall that came from the hard work of
a previous generation.

Speaker 1 (30:47):
So good luck labor.

Speaker 16 (30:48):
The real problem with introducing these taxes a generation who
suddenly loses the benefits that previous generations had and they
get angry and then they don't vote fear.

Speaker 2 (30:56):
Andrew Dickens on the Mic Hosking Breakfast Fact to Morrow,
It's six am with Jaguar on news Talk.

Speaker 1 (31:02):
Sa'd be hither.

Speaker 3 (31:03):
I'm appalled at how much money we've given to Ukraine.
Do you know what?

Speaker 17 (31:07):
I think?

Speaker 3 (31:08):
I'm starting to come on board with the side you
because I think it's becoming really, really obvious that Ukraine
can never win this war, in which case, surely the
smarter thing to do. I mean, it depends on where
you sit on this, obviously, but surely the smartest thing
to do would be not to throw good money after
bad and just prolong a war that's frankly going to
end up not being won. But maybe the smartest thing

(31:30):
to do would be to sue for peace. Right encouraging
him to sue for peace, he's gonna have to give
up some territory to putin. I was very unpalatable to
most people to consider that, but I think that that
is inevitably what's going to happen. And if Trump wins
the election, he is definitely going to give up some land,
so he might want to get his head around that
one quickly. Hither, can you please ask Troy the lawyer
if the autopilot was on that boat. I'll ask that,

(31:52):
because yeah, they've denied the coffee, but they haven't denied
the autopilot, have they. Hither, I'm absolutely with you. I
want to see Darlne Tanastay in the Green State and
their own juices fell on with you on that now
walking access to Corimandel Cove in Corimandel, the cathedral cover
rather in Corimandel is going to be restored by this summer,
which is fantastic news. It's going to cost five million

(32:13):
bucks for a temporary fix and then some sort of
a long term fix as well. We're going to talk
to the minister about this because I can't quite get
my head around what's going on here. So in January,
the Department of Conservation, we're like, ah Na, it's never
going to be able to open it again. Probably never
going to be able to open it again because the
giant rocks just still moving and falling on people and
you know you can get squashed and never again. And

(32:36):
so how have we gone from January never again to
July five million bucks cheap airs, don't worry about it fixed?
How did that happen? So anyway, I'm a portacker will
explain it to us when he's with U shortly. And
we're also going to deal with the Reserve Bank lest
we forget those are interest rates coming down? That's what
we want. News Talk ZB how aren't you? And need
you old girl a.

Speaker 12 (32:59):
Neat?

Speaker 1 (33:01):
It's beautiful.

Speaker 2 (33:03):
It the only drive show you can trust to ask
the questions, get the answers by the facts and give
the analysis together due to see Ellen drive with one
New Zealand let's get connected and News Talk said, be
good afternoon.

Speaker 3 (33:20):
It turns out the crew on the bridge of the
ferry that ran aground and not happy to be accused
of ducking out for coffee just before it happened. That
was what New Zealand First had said on Twitter yesterday.
They said that the crew had put the boat on
autopilot and went out to get a coffee and then
couldn't get the autopilot off in time. Here's Winston Peters
on the Country today.

Speaker 14 (33:37):
When I read the response in the jun Herald, I thought, claggy,
that's not a denial. Why would you need an inquiry?
Four we heating the four West letter into something as
simple as that. This is not complicated.

Speaker 12 (33:49):
Now.

Speaker 3 (33:50):
The crew are unionized, The union has a lawyer. The
lawyer as Troy stayed with us. Now, hey Troy, hello,
he very well, thank you. Did they duck out for coffee?

Speaker 9 (34:00):
Absolutely not.

Speaker 3 (34:01):
Nobody on the bridge. Nobody on the bridge dug out
for coffee.

Speaker 9 (34:06):
Regarding New Zealand First comments on Twitter last night and
Minister Pez this morning, both are quite frankly unhelpful and
it assounds me that the acting Prime Minister would raise
unsubstantiated rumor and conjecture in the middle with an active investigation.
No crew went out at ness cafe Gate, if you

(34:29):
want to call it that is little more than unsubstantiated rumor.

Speaker 3 (34:34):
Did they put the vessel on autopilot?

Speaker 9 (34:38):
So the Mulborough District Council Harbard Master has addressed this
point already. The point at which the vessel incident occurred,
the vessel was able to be on autopilot and the
steering configurations used for the departure of the vessel were
in line with standard operations at the at hands of

(35:01):
experienced crew. The presence of autopilot hasn't been payed as
an issue for the departure of the vessel was.

Speaker 3 (35:10):
Yet okay, So are you saying yes, it was on autopilot?

Speaker 9 (35:14):
Autopilot is an aspect on the operation of the vessel
at that time.

Speaker 3 (35:18):
Episode yes, were they struggling to get it off autopilot?

Speaker 9 (35:23):
So the investigation involves a large number of quite complex systems.
We're actively engaging with that investigation, as are the crew,
trying to get to grips with what happened. Unfortunately, we're
not in a position where we can conclusively say for
sure what happened and provide you specific comment.

Speaker 3 (35:46):
Have any of the members of the bridge crew said
to you, yes, we couldn't get it off autopilot.

Speaker 9 (35:53):
So the as I say, the engagement we're having with
the crew, that's still subject to the investigation. So I'm
not in a position to disclose that as yet.

Speaker 3 (36:01):
What action are you going to take that? If they've
engaged you, there's a point for that, so what are
you supposed to do.

Speaker 9 (36:07):
So we're advocating for their interests in this matter, ky
Rail independently advised. We're taking them through the investigation process,
first of all with take Transport Act Accident Investigation Commission,
and then should they choose Maritime Zeland as the regulator,
we'll come through with an investigation.

Speaker 3 (36:28):
With respect to what Winston Peter's in New Zealand first said,
are you going to do anything there?

Speaker 9 (36:34):
So we can take instruction on that point, but I
think giving it any further oxygen just does a disservice
to the crew and the professionalism with which they handled
the vessel during and after the investigation after the incident.

Speaker 3 (36:45):
Rather, Troy, thank you for your time, really appreciate it,
Troy staid, maritime lawyer. So it was an order pilot
quarter part rather eleven past five.

Speaker 1 (36:53):
Hever du Allen.

Speaker 3 (36:55):
If you've got a mortgage, maybe there's a little bit
of light at the end of the tunnel. The Reserve
Bank has left the official cash rate on changed today,
but economists reckon his tone has become softer. Jared Kerr
is ki we Bank's chief economist and with us Now, hey, Jared, hi, right,
So are you expecting a cup in November?

Speaker 12 (37:10):
Still?

Speaker 6 (37:11):
Yep.

Speaker 18 (37:11):
We're sticking with that forecast. And the commentary that we
saw out of the Reserve Bank today suggests that are
opening the door to a rate cut earlier than they
had expected.

Speaker 3 (37:21):
Do they still sound to you? I mean, they're saying
that the inflation is going to be within the target
band of one to three this half of the year,
which is bringing it forward slightly, but it's still lingering
concerns about sticky inflation.

Speaker 18 (37:33):
Yeah, there is, But I think they had to acknowledge
the collapse and business confidence we saw last week, and
we've got very weak household confidence at recessionary levels, and
we've been in a recession for a year and a half.
So you know enough enough it's time to turn the
tide and start lowering rates.

Speaker 3 (37:54):
Do you think then, okay, that the data that we've
got so of all the data that we've got between
now and let's say November. What is it that we
need to be looking at to be seeing whether it
does happen in November.

Speaker 18 (38:07):
I think everything comes out in inflation. The next inflation report,
I'm not that interested in. It's the third quarter, the
September quarter inflation report that comes out mid October that
has us excited because we forecast inflation will be below
three percent then, and that'll open the door for a
cut in November.

Speaker 3 (38:27):
Good stuff, Jared, so right down to the wire. I
appreciate it as Jared Kirky, we Banks chief economist ever do.
For see ellens Heither you must be in the appeasement
camp or Ukraine. You sound like a nineteen thirty Tory
hither touched up with your thoughtful comments on Ukraine. Sounds
like you're putting your hands up for the situation, almost
vacant in the Green Party. Listen, I tell you what,
let's just mark this down, okay. Tenth of July. I

(38:49):
said to you that I think that this war is
unwinnable by Ukraine and that at some point Vladimir a
Zelenski is just going to have to give pootin some
land to make them go away. I've said that. Now,
let's see what happens, right, We see if you've got
a problem with that. Let's see if they win the war,
and then we'll find out who was right. We have
got on another subject. We've got another case potentially of

(39:10):
the wrong person being convicted for murder. Now, this is
the case of Gail Many and Stephen Stone. Gail Manie
and Stephen Stone have both been convicted for the murder
of Dean pull of Sanders, which happened in nineteen ninety nine. Now,
they had a trial in nineteen ninety nine. They also
had a trial in two thousand and they were convicted it. Particularly,
Gail Manie has always maintained her innocence. She said she

(39:32):
she didn't even know the dead guy, let alone. The
story was apparently that the dead guy had burgled her
and then she got her mate Stephen to kill him.
She says she didn't even know him, let alone get
Stephen to kill him, so that didn't happen. What has
happened now is it was due to go to the
Court of Appeal next month and in a really big
surprise move, the Crown has just admitted today that there

(39:53):
was a miscarriage of justice in both of the trials,
apparently grave problems with the evidence heard him both trials
ninety ninety nine and two thousand, which led to the
miscarriage of justice. What this means is it's probably still
going to go to the Court of Appeal next month,
but the acquittal that the pairs lawyers want probably going
to happen much faster now. So keep an eye on that.

(40:13):
Fourteen past five, Hi, Heather, listening to that interview. Oh, yes,
that ferry was absolutely on auto pilot and the sounds
as well. Trevor. Yes, the ferry was an order pilot.
Here's the thing, Okay, so we've established so what happened
is New Zealand Versus made three allegations in that tweet.
Number one that the ferry was an order pilot, number
two that the autopilot could not be removed in time,
and number three that somebody left the bridge for a coffee. Right,

(40:33):
So we've established, Yes, they were correct on the fact
that it was on auder pilot, and what we now
need to find out is and they were wrong on
the coffee bit. But were they right that somebody had
left the bridge to do something else? I don't know,
maybe they went for a Wii. I don't know, you know,
something else such a said, oh, I'm going for a coffee,
but they really went for a wee. Who knows? So
did they leave for another reason? And also this is important.
Could they not get the autopilot off in time? Hither

(40:56):
it sounds like the pile on toppling inquiry again. Actually,
actually I've got an update for you on that retranspower.
Stand by because you're going to want to hear this.
We're going to get to that. Eighteen past five. Good
news for the Coramandel because it's just been announced walking
access to Cathedral Cove is going to be back in
time for summer. The government has pledged five million dollars
for a fix to the walkway, which has been closed

(41:18):
since cyclone. Gabriel Tama Portucke is the Conservation Minister.

Speaker 6 (41:21):
Hay Tummer Jadada.

Speaker 3 (41:23):
I'm stoked about this. I am stoked about this. But
explain to me how we have gone from it may
never open ever again in January to six months later
in July. Yep, we can open it for five million bucks.
How did that happen?

Speaker 6 (41:35):
Well, it's absolutely pleasure to be part of promise that
Christoph Luxin's cannet and he wants to get things done.
We're very targeted and solutions focused around looking after our
land and sea for future generations. So the aising with
Doc and the community were deliberated, made a decision We've
got to fix it, get on with it.

Speaker 3 (41:52):
So Doc was saying, I think in February that the
hillside was still unsafe and things may still tumble down
like gigantic rocks may tumble down and squish people. Is
that not going to happen?

Speaker 6 (42:02):
Well, I think that we live on the top of
techtonic plates that come together. We do have some challenges,
but they've done some due diligence. They've worked with experts.
They've figured out a way how we can minimize those
risks and create a safe environment for people to walk
down to the beach and enjoy the great place of
Cathedral code.

Speaker 3 (42:20):
Were they catastrophizing the situation at DOC because they didn't
want to have to pay for this? Is that what
was really going on?

Speaker 6 (42:27):
No, I think that there's an absolute appetite to have
both a short and a long term fix, not only
just for the walking track, but the car parking and
a whole range of other things, and I've worked deliberately
to get to a solution and I've encouraged them along.

Speaker 3 (42:39):
Yeah, and this money is this coming out of Dock's
budget or is it out of special new money?

Speaker 6 (42:44):
No, this money has emerged from the International Visitor Levy
DOC and the Tourism Crew. We get fifty percent each
of the International visit a levy paid by international visitors,
and every year we've been fortunate enough to get some
funds which we can apply to important projects like Cathedral
Coke cool And how long.

Speaker 3 (43:03):
Is five million bucks going to keep this walkway open for?

Speaker 6 (43:06):
Well, I think there's both a short term and a
long term solution that's underway. The first part is to
get the short term fixed for Christmas this year so
we can be down there in December, and the long
term fix might take a couple of years to work
through and figure out and make it sustainable.

Speaker 3 (43:22):
Tamma, thank you so much for taking the time to
talk to us. I really appreciate and best of like
getting that walkway open. People are going to be stoked.
That's Tuma Pawtucker, the Conservation Minister got Heather that autopilot
that ran at a ground is not very good autopilot,
is it right? Something something went wrong here? Are you?
Are you thinking what I'm thinking?

Speaker 1 (43:40):
B one?

Speaker 3 (43:40):
If you're on auto pilot, how on earth did you
end up on the beach. Something's gone on here, right,
So let's just find out how many nuts were taken
out all at exactly the same time. Got some official
numbers on the brain drained to Ossie last year. So
net for twenty twenty three is twenty seven thousand people
who just went from New Zealand to Australia, not anywhere
else in the world, just Australia. It's almost double the

(44:01):
fourteen thousand, six hundred who went there in the year
before in twenty twenty two. But in order for you
to not freak out all together, like I think we
should be worried, But let's not freak out all together,
because it is still well below the record which was
set in twenty twelve forty four thousand people. So twenty
seven thousand, it's a lot, but it's not forty four thousand,
is it? Five to twenty one?

Speaker 2 (44:22):
The name you trust to get the answers you need
have a dut to see allan drive with one new Zealand.

Speaker 1 (44:28):
Let's get connected and news talk as they'd be.

Speaker 3 (44:30):
Hey, David Seymore is going to be with us just
after the half past five news talk us through what's
going on with country kindy right now it's coming up
five to twenty four. Now, it seems like there might
be a little bit of hope for our universities after all,
based on the surprisingly good free speech policy that was
announced by the Otago University today. I don't know if
you've seen this. This is awesome. Their policy acknowledges that
free speech is the lifeblood of a university, that it

(44:52):
enables the exploration of ideas, the challenging of assumptions, the
uncovering of truth through open exchange. And it says that
the university will not restrict debate or deliberation simply because
the ideas put forth I thought by some to be offensive, unwise,
immoral or wrongheaded. Amen, because that is how people shut
down debate at universities. They are defensive and wrong and

(45:14):
these guys are going that's not a good reason. Now,
this is surprisingly good I think for a lot of people,
given how concerned a lot of people were about Otago
University getting a little bit on the woke side with
the rebranding and becoming treaty centered and stuff like that.
But really, for me, more importantly why I'm surprised is
because our universities have very very quickly in the past
moved to shut down debate. Massi University banned on brash,

(45:37):
Auckland University basically divorced itself from the seven academics who
wrote to the Listener about matodong Amari, and even recently
Victoria University changed a debate on free speech because it
upsets some people. This policy from Otago University is so
good it's going to put pressure on the other universities
to step their games up because our senior universities like
Victoria and Auckland are also working through their own policies

(45:58):
at the moment, because this is just something that universities
in the English speaking world are all doing. Auckland University,
though no surprise, is already well down the path of
writing a policy that looks like it's gonna be absolute rubbish.
It says it's gonna protect free speech as long as
the university can put some regulations around what staff and
students say. If they think they need to safeguard the

(46:20):
well being of other staff and students, which is not
free speech at all. Right, it's just going it. You
might offend some people. That's not a free speech policy.
That's just carrying on with status quo. So bravo Otago University.
Completely unexpected, and here's hoping it puts pressure on the
remaining universities in this country to step their game up
as well.

Speaker 1 (46:37):
Heather do for CLA.

Speaker 3 (46:39):
We're gonna speak to them after half past six. Okay,
here we go read the pylon thing we call Transpower
today because we wanted to talk to them about what's
going on at the moment up north, because they've said
to the people up north that they're not going to
pay any more COMPO because Transpower just apparently finds itself
doesn't when it sees a giant hole, it goes, get
me a spade, let me make us worse. So we

(47:00):
got in the call and we were like, is this
what are you gonna pay these people? Compo? Are you're
not going to pay these people at COMPO? Can you
come on and talk to us? And they were like,
we are never ever, ever, ever, ever ever ever coming
on the show with Heather ever ever again. And we
were like, what producer Jack Bless had to do it.
We had to let him be in charge of that.

(47:21):
We had producer Jack was like, oh why, and they
were like two reasons. Because Heather played the clown music.

Speaker 19 (47:30):
All the nuts securing the tower to the bass plate
on three legs have been removed, which caused the tower
to lift off the bass plate and fall.

Speaker 3 (47:45):
Also, second reason, because we speculated on the Friday that
what happened before they announced happened on the Monday is
what happened. So they did not like us telling you
that on the friday. They did not like us telling
you that someone had taken all the nuts out before
they told you on the Monday that someone had taken
all the nuts out. So Jack said, Jack wrote them

(48:08):
an email just to make sure it's in writing, and
he said to them, so let's just get this right.
You're not going to talk to Heather, but you will
talk to Mike. And they were like absolutely and all
news talks ZB reporters. How juvenile is that? I mean, look,
I'm not going to cry about Transpower because it's not
like Allison from Transpower was going to come on the
show and be like, look, yeah, we took all the
nuts out. That's what happened. We took all the nuts out.

(48:29):
She wasn't going to tell us that. No, no, she's
gonna be like, that's really unhelpful to be speculating. So
it's not as if we're missing it, you know, like
some sort of information flow from Transpower. But basically, just
so you understand, they are upset because we took the
piss out of them like the rest of the country,
and we looked at the thing and said, all the
nuts are gone like the rest of the country. So
they don't like some truth. So I've got loads of

(48:49):
truth torpedoes for you, Transpower, and you're asking for it now.
Headline's next.

Speaker 2 (48:55):
On your smart speaker, on the iHeart app and in
your car on your drive home hither due to see
Allen drive with one New Zealand let's get connected and
news talk.

Speaker 1 (49:04):
As z'd be Heather.

Speaker 3 (49:10):
Clearly, they haven't taken all of the nuts out of
head office at Transpower. Keep it coming, Keep it coming, John,
they're asking for it. If Transpower doesn't want to be
on the show and talk, we'll just talk about them
amongst ourselves and then they don't get a right of
reply and then they'll see how they feel about that.

Speaker 1 (49:23):
Mm mmm.

Speaker 3 (49:25):
Huddle's standing by to have a chat to us very shortly. Also,
Shane Jones has made some really interesting comments. He's basically
said the country's at peak dairy and the future lies
in actually getting stuff out of the sea. We have
a chat to Federated farmers about that just after six o'clock.
Right now, it's twenty three away from six.

Speaker 1 (49:40):
Heather Dupless out now, as we've.

Speaker 3 (49:41):
Been discussing Country Kindy and Rural Manner were two has
received a stay of execution. The Ministry of Education had
announced it was going to close on Monday, but then
David Seymour got involved, and then the Kindy launched legal
action and now the Ministry of Education's decided to allow
the kindy to stay open for twelve more weeks. The
Associate Education Minister, David Seymour was with us. Now, Hey David,
Hey you Heather, So did you get involved in tell

(50:03):
the ministry to change its mind?

Speaker 6 (50:06):
No, I can't do that.

Speaker 7 (50:07):
There's two things I've got to be clear about. One
is that under the law at the moment it is
up to the Secretary of Education. In reality, some of
her staff to make these licensing decisions. And two is
that it's now before the court, so it's probably going
to be up to them to decide. What I've done

(50:28):
is called them all and including the people from one
O H two who have been involved, and said, are
you guys absolutely sure you're making the right decision? And
is any question of student safety? And what they've confirmed
is that there's no question here that any student is
in any danger. There's no health or safety issue. It

(50:49):
all relates effectively to paperwork and compliance around the curriculum.
And I've stressed to them that they want to be
absolutely sure that they're doing the right thing, because they
now I'm going to have to answer to a judge
by the sound of it.

Speaker 3 (51:05):
Okay, so are you aware that they closed the candy
down for things like not writing a philosophy statement.

Speaker 1 (51:12):
Well.

Speaker 7 (51:13):
One of the reasons that the government has a what
we're calling a Regulatory sector review of early childhood is
that early childhood centers are subjected to extraordinary amounts of
regulatory compliance. For example, I had someone email me yesterday

(51:33):
just point out that they have to have nineteen documents
like that ready up to date and prepared for inspection
any time, and they can lose their license, doesn't matter
how much.

Speaker 3 (51:45):
The parents going to the philosophy statement, I mean, how
important is that.

Speaker 7 (51:51):
Well, I just tell you I was in a government
when that was put in place, and that's exactly why
the Ministry for Regulation is going through the the set
of requirements for running an e CE, and their basic
writing instructions are, if it's not helping keep children safe
and keep them growing so they're ready for primary school,

(52:11):
then maybe we don't need it.

Speaker 3 (52:12):
David. We've been told that one of the violations that
the Ministry had originally listed was that the kids needed
to ask permission before they could go to the toilet,
and the Ministry of Education said that didn't give the
kids enough agency. Is that true.

Speaker 7 (52:26):
Well, I've been advised that that is suddenly one of
the issues that has been raised by the Ministry. I
think I've got to leave it up to them and
in any court action that may come to decide the
merits of that. But certainly I remember going to school
and actually I got a letter from one of my

(52:47):
old kindy teachers this week at work, actually, and I
certainly remember having.

Speaker 6 (52:52):
To ask to go to the toilet.

Speaker 7 (52:54):
And I know that people have mix us, but I
think I turned out just fine.

Speaker 3 (52:57):
You've almost got too much agency. Some would say, listen,
do you need I mean, if this is the kind
of nonsense that the Ministry of Education is getting up to,
do you think actually that decisions like this should be
taken out of the Ministry's purview and put with the minister?

Speaker 1 (53:12):
Well?

Speaker 7 (53:13):
It is real interesting. I mean, I just look at
all this elections going on and people getting pretty disillusioned
with the candidates they have to vote for. And it's
not just in France and America and Britain, it's in
the local councils here. One of the trends I notice
is that often the people you can vote for don't
actually have a huge amount of power to make the decisions.

(53:35):
And I think sometimes it's actually better if someone in
my position doesn't have to come on the radio and say, look,
to be honest, it's the secretary's decision for the courts.

Speaker 6 (53:43):
I can't really say much.

Speaker 7 (53:45):
It should actually have the power to make these decisions
and be accountable. You know, if you don't like me,
vote me out, that's how it works. Rather than having
someone who's not subject to that making all the call.
So yep, that's certainly something we're looking in tough.

Speaker 3 (54:00):
Thank god, David, thank you very much, appreciate it. David Seymore,
Associated Education Minister.

Speaker 2 (54:04):
The Huddle with New Zealand South the Beast International Realty
exceptional marketing for every property.

Speaker 3 (54:10):
On the huddle with me. This evening got Jack Tame
host to Q and A Saturday Mornings in Jordan. Williams
Taxpayers Union Highlands Yoda Jack. How does auto pilot on
a ferry landed on a beach? A good question, very
good question.

Speaker 20 (54:24):
I've never used autopilot on a faery or any large
ship personally, I think that's.

Speaker 3 (54:28):
The opposite of what an autopilot's wants to do.

Speaker 20 (54:30):
My question is, is okay? First of all, if auto
pilot was engaged, is it appropriate for autopilot to be
engaged whilst you're still in the sounds?

Speaker 3 (54:39):
The harbor master says yes, it's okay.

Speaker 20 (54:40):
Okay, okay, So then you basically leave. And if autopilot
was engaged and no one was on the bridge, that's
not a great look. But then if autopilot was engaged
in the middle of the night, would you honestly even know?

Speaker 1 (54:53):
I mean the thing is.

Speaker 3 (54:54):
The thing is it only needed to turn you know
a little bit, yeah, a.

Speaker 20 (54:57):
Little bit to end up in the side of the
hillo it's not very good autopilot, I think and D
autopilot was to blame. But we don't know that autopilot
was necessarily to blame just yet.

Speaker 12 (55:07):
It was.

Speaker 3 (55:07):
We know it was on, we know it was one.
We don't know if it was necessarily to blame. Jordan,
I'm getting suspicious about it. I'm getting transpower suspicious about this.
Are you getting like like pylon suspicious about it?

Speaker 21 (55:18):
I think you would program autopilot, you know, stay in
the ocean if you if you're programming in the look
at New Zealand's Is it a troll? I don't know
if it's a troll.

Speaker 6 (55:27):
It's such a good one.

Speaker 12 (55:29):
You know.

Speaker 21 (55:29):
It's recous week. New Zealand First staff as we're sitting around,
what could we how do we inject ourselves into media?
I've got an idea her kids. I'm sure it's a
great yarn. On the other hand, though, New Zealand First,
I'm thinking about over the ten years of Taxpayers Union,
we've often sparred along Keebi rail issues and We've always
really resented that New Zealand first, somehow they must be

(55:53):
close to the Maritime Union or something. Ways can be
inside juice on matters to do with inter islander, and
it really bugs us. So I looked at the side,
don't actually rule them out? They yeah, I don't know,
time will.

Speaker 3 (56:07):
Tell, Yeah totally. Hey what do you Jack make of
the Otago University free free speech policy?

Speaker 20 (56:12):
Ah, it's pretty good in the free speech debate, if
we can even call it that. I am not all
the way an absolutist, but pretty close to absolutist, and
I think that the pendulum has swung far too much
in the other direction over the last couple of years.
It's interesting to go through the statement that the university's
provided a right because it also includes these lines, the
university accepts no duty to provide a space for those

(56:35):
who are not members of its community to advance their
ideas or theories in ways which fundamentally undermine the university's
character as an institute of higher learning. Basically, that means
the UNI can say no to controversial people from the outside. Yes,
they're not duty bound to give those people a platform.
And you can imagine that for like elements like that.
There could be a little bit of tension in the

(56:57):
future if it a really controversial figure comes along and
is invited by you know, a student union group for example,
or a student group of some description, and then other
people at the university or the university itself says, oh,
we oppose this person's ideology. You can imagine there being
some tension, but largely yeah, I think it's great.

Speaker 3 (57:14):
I think in terms of like I mean, so Jordan,
where I land on this is that it's not a
university's place necessary to provide a venue for other people,
but for the people who belong to the university, like
the staff and the students, they should be entitled to
say what they want to say within reasonable parameters. And
this gives them that freedom, doesn't it.

Speaker 21 (57:32):
Ye Well, as Jack has pointed out, the pendulum has
moved totally. The fact that we have to even say,
you know, well done Otaga University. So pointing out that
the university is dark place to have tough discussions, and
you know, if you're offended, you know, boo her, it's
not our job to I'm coincidentally over in Sydney with

(57:54):
the Free Speech Union as we're launching there what it
launched yesterday, the International Associateation of Free Speech Unions as
a whole lot of free speech advocates from around the world.
And we're sitting next to Jonathan Ailing when he got
this news and he looking at his face, he couldn't
quite believe it how good it was, because of course
it was only a few weeks ago. Heither we were

(58:15):
talking about my former university that I'm utterly ashamed of
and its treatment. Particular issue no A Victoria University and
the fact that they called that someone that was from
New Zealand's premier business think tank, the Initiative, the New
Zealand Initiative, as far right and neo liberal, therefore dangerous

(58:36):
and I mean we've got a absolutely the comments they
made about very mainstream people is just absolutely disgusting. And
Victoria University just allowed it to happen. They didn't fight
for free speech. And what's worse, despite being fully taxpay funded,
they won't even front up and answer basic questions about it.
So good on Otagi University. We've been on the back

(58:59):
foot and on the free speech file in New Zealand universities.
It's about time we had a win and this is
a damn good one. And Victoria University you ought to
be ashamed.

Speaker 6 (59:10):
This is the model.

Speaker 3 (59:12):
And as former alumni of Aukland University, I think they
ought to be ashamed too and send all of our
children to Otago with this. Right, Okay, we can take
a break with you to come back and just to
take us fourteen to two.

Speaker 2 (59:22):
The huddle with New Zealand Southeby's international realty, unparalleled reach
and results.

Speaker 3 (59:27):
Right, you're back with the huddle, Jack, Dame Jordan Williams Jordan,
how ridiculous is the situation with Country Kindy where they
shut a candy down because the kids have got to
ask who go to the toilet?

Speaker 21 (59:36):
I was just waiting for David when he was our
position to come out with the outrage.

Speaker 6 (59:41):
He would clearly.

Speaker 21 (59:42):
Wanted to absolutely slam it. And he's right, he's so refreshing.
Of course, we should be able to have our politicians
talk about these nuts decisions and the way that the
last government set it up so they could hide behind
their officials and they did stupid, stupid things.

Speaker 1 (59:58):
You know it was.

Speaker 21 (59:59):
It's Dan ro He should have changed that bill yesterday.
I have I've got two kids in preschool, and I
don't want to go into detail because it'll i'll no
doubt be canceled. But some of the bonkers stuff that
our childcare center is required to force down our kids
throat is just nuts.

Speaker 3 (01:00:19):
Yeah. I'm almost tempted to ask you to explain more,
but I will leave it there. Okay, you can tell
me off there, and then tomorrow I can say somebody
who I will not name, was telling me the story.

Speaker 4 (01:00:31):
Jack.

Speaker 3 (01:00:31):
I mean, surely, if you have the choice of like,
shut the place down because it hasn't done the paperwork
on its philosophy statement and you know, Lord above it
asked the kids to ask to go to the toilet
or keep the thing going, the right thing is just
keep the thing going.

Speaker 20 (01:00:43):
Okay, I agree with that. I think just to take
an incredibly dry position on this. If there is a
regulatory review planned for the sector, and the problem with this,
Candy is regulatory I kids aren't in danger. Kids are
perfectly fine and no danger at the moment we're going
to be reviewing the sector's regulations. Surely the sensible thing

(01:01:03):
to do is to wait until that regulatory review has
been completed before then making decisions right.

Speaker 3 (01:01:09):
Yeah, kind of decisions.

Speaker 20 (01:01:10):
Well, I mean, if you know, if this candy is
breaching regulations that might not exist in a few months time,
for example, then that seems.

Speaker 3 (01:01:18):
To me, you see what you're saying, like the Ministry
of Education should not be shutting down kindy's right.

Speaker 20 (01:01:22):
Now as the whole thing with the Ministry of Regulation. Right,
So David Cemo was saying in that interview before you know,
he wants to consider some of the regulation around this.
If he's going to be considering the regulation around this,
and potentially that regulation is the very regulation they're using
to shut this place down, then maybe we should just
wait a little bit.

Speaker 3 (01:01:37):
Yeah, I agree totally. I mean, this to me, Jordan
is a case of what has gone wrong with the
Ministry of Education.

Speaker 22 (01:01:41):
Right.

Speaker 3 (01:01:41):
If you're wondering why they cannot get kids to learn properly,
it's because they fussing over stupid stuff like this, yep.

Speaker 21 (01:01:48):
And we wonder why our education standards are such further
and further behind. You know, what measures gets done. And
the trouble is is that, I mean, and it's not
just education here to namely one government agency right now
in Wellington it is pursuing excellence in its core job.

Speaker 3 (01:02:09):
Well, I don't know, but not the Reserve Bank.

Speaker 21 (01:02:11):
About educating kids. It's all it's all on me.

Speaker 3 (01:02:17):
Yeah, Okay, Hey, listen, I've got something for both of
you that I haven't warned you about. So this is
going to get your real I'm going to get your real,
honest take on this, Jack. How long before Darlene ton
of quits?

Speaker 9 (01:02:28):
I reckon?

Speaker 20 (01:02:29):
Eight days? I reckon, I reckon honestly, the two and
a half years sitting there all by yourself, everyone hating
on you. It's like you might want to do it
out of spite, but spite only fuels you for so long.

Speaker 21 (01:02:42):
Jordan, what do you think, pretty, I'm pretty worried about her.

Speaker 4 (01:02:45):
I mean we were we caught a few days ago
for proof of life.

Speaker 21 (01:02:49):
Because you know, no one had seen it her in Hanton.

Speaker 3 (01:02:51):
Pizza arrived at her house when a journalist was there.

Speaker 21 (01:02:54):
But she's still not fronting, is she? I call me
old fashioned, but I think if you're paying an MP
one hundred and eighty, you know, they ought to sort
of talk to the public. I reckon that she will resign,
you know, once she sort of has to talk to
the public.

Speaker 17 (01:03:08):
Yeah, because it's just unc okay.

Speaker 3 (01:03:11):
I think she's going to resign the day before she
has to be back so she can maximize, which is
the end of recesses. She can maximize the amount of
money she's doing.

Speaker 1 (01:03:18):
That's what.

Speaker 20 (01:03:20):
When you throw a surprise curve ball at us, we
don't consider it properly.

Speaker 21 (01:03:24):
Thank you, guys are standing for the Greens next head?

Speaker 4 (01:03:28):
Yeah?

Speaker 3 (01:03:28):
Absolutely? Why not milk the system? Guys, good to talk
to you. Thank you very much. Jack Dame, host of
Q and A Saturday Morning. Jordan Williams of the Taxpayers Union,
Seven away from six on.

Speaker 2 (01:03:36):
Your smart speaker, on the iHeart app and in your
car on your drive home. Heather Duplicy allan Drive with
one New Zealand one Giant Leap for Business News Talk.

Speaker 3 (01:03:49):
Hither this happened to our preschool last year. They didn't
have enough bark beneath the slide. Oh my gosh, I mean, anyway,
I suppose you need the bark, but like some bark
has been the no bark right. I would have given
them a concession. Anyway. They didn't have enough bark beneath
the slides, so they were closed for two weeks and
now this week we've been told that they're closing permanently
and we all have to scramble to find a new
preschool in Wellington City. Good luck, because that's going to

(01:04:11):
be a tough ask. Hither I'm absolutely gobsmacked. I'm a
secondary school teacher at quite a progressive school and even
our kids have to ask to go to the toilet.
Maybe you should play the clown music when you're talking
about the Ministry of Education, Joe, I still I'm gonna
save it. Look, the Ministry, here's the thing, Okay, the
clown music has to get rolled out when you do
something that is like inexplicably stupid, do you know what

(01:04:34):
I mean, like taking all the nuts out. I feel
like the Ministry of Education it has there is a
higher level, a higher threshold with the Ministry of Education,
because a lot of what they do is already like
quite stupid. It's really stupid stuff they're doing. So they
have to do something that's a real clanger, like really
inexplicably stupid, and then we'll roll out the clown music.

(01:04:54):
And you know that when we roll out the cloud music,
it's a doozy from the Ministry of Education, at which
point people are probably losing their speaking of which, it's
very hard to have confidence in Fletcher at the moment
a Fletcher building because Mark Ken's, who's the former head
of the Port of Todunger and a chairperson of Freightways,
has gone public today with the fact that he's withdrawn
his candidacy for chair of the board. He says he
hasn't heard from the company for three months, which is

(01:05:16):
farcical and frankly for a man with that much experience
and that much money. That's also just rude. They need
I would think that they would need to be moving
with some haste because they've got some real key vacancies
at the moment. The chair's gone. Bruce Hassel's quit, Chief
Executiveross Taylor quit, two other directors retired early. The company
is having a rough time. Half one hundred and twenty

(01:05:37):
million dollar a half a year lost. Look at the
share price. One possible explanation for what's going on and
why he wasn't contacted is that maybe there is some
offshore appointment. Maybe there's a power battle going on amongst
the bigger investors about who should get the chair. But
as Sam Stubb said on LinkedIn, this should be an
alarm bell, because someone with Mark Kens's pedigree and stature

(01:05:58):
doesn't say things like this unless there are something seriously wrong.
NEWSTALK'SBS what's down on?

Speaker 2 (01:06:08):
What were the major calls and how will it affect
the economy of the big business? Questions on the Business
Hour with Hinther, Duplessy Allen and my Hr on News
Talks FB.

Speaker 3 (01:06:21):
Hey, Good evening. Coming up for the next hour. Janetib
Trainey with her take on whether the first OCR cut
comes in November. Milford Asset Management with market reaction to
the OCR announcement today, and we're going to speak to
the guy who helped write Otago University's free speech policy
right now. It's eight past six now. Fisheries Minister Shane
Jones says we're at peak cow. He says dairy is
capped out, and he says it's time to start investing

(01:06:42):
in aquaculture. He said, we're not allowed to grow any
more dairy farms due to negative water outcomes. Wool's not
making much money and the meat sector is facing calls
to decrease its footprint and instead, he says the aquaculture
sector is now one of New Zealand's most promising industries now.
Mark Hooper is a national board member of Federated Farmers
and with us now hoy Mark.

Speaker 17 (01:07:01):
Good evening, Heather.

Speaker 3 (01:07:02):
Do you agree with Shane Jones?

Speaker 17 (01:07:05):
Well, I agree with them in the sense that there's
a huge amount of potential and aquaculture and so we
shouldn't definitely shouldn't put that aside. I guess though, the
terminology that you used there around being at peak care,
that's certainly a rhetoric that's been going around for a while.
And you know, the industry has been really focused on

(01:07:28):
milking the best cows, not necessarily more cows, and as
such has been able to sustain or even grow production
slightly over the last few years. But you know, overall,
it's not really a good thing that we want our
major productive sectors to be stagnant. We really want to

(01:07:48):
get back into a position where we can see some
positive growth happening across all of the primary sub sectors.
They're critical for our economy and you know, this huge opportunity.

Speaker 3 (01:08:00):
I think the argument, though, is that you don't grow
the number of cows, you grow how efficient those cows are.
Is that what you're hoping for? Do you still see
space for us to actually have more cows.

Speaker 17 (01:08:09):
Well, certainly there's a good trend towards having quality cows
and that does make a difference. That is what gives
us a whole lot of efficiencies on farm and improves performance.
But one of the things to understand that in a
sense the Minister was right in that over the last
five years, four years since twenty twenty anyway, when the

(01:08:31):
Essential fresh Water Package came and one of the National
Environment standards was effectively a moratorium on land use changed
to a more intensive use over ten hectares, and so
in effect that had the biggest impact on dairy farming.
Now that National Environment standard is due to expire at

(01:08:51):
the end of twenty twenty four, so that perhaps creates
an opportunity where we can see some potential land use change.
And I think the key thing here is that what
we really want to see is we don't want to
see regulations like that that distort the marketplace. We should
be looking for what is the highest and best use
outcome of the land that's available. Some of that will

(01:09:14):
transition to horticulture. Is opportunity for more land to transition
back to daring or into daring it's just a case
of managing what the environmental impacts around that are.

Speaker 3 (01:09:24):
Mark. I saw you saying somewhere that you see a
huge opportunity for expansion offshore. What do you mean by that.

Speaker 17 (01:09:33):
Offshore? I think that was probably in reference to aquaculture,
and so obviously there is huge opportunities.

Speaker 3 (01:09:38):
I think you like, set up a farm in Brazil.

Speaker 6 (01:09:42):
No, well, there is you know, scope to that.

Speaker 17 (01:09:45):
But of course it's growth here in New Zealand that
drives our economy. You know, we need growth here in
order to build our roads, build our skills, schools, hospitals,
provide employment and that sort of thing. So I think
that's where the key focus should be.

Speaker 3 (01:10:00):
Yeah, brilliant. Hey, Mark, thank you very much. Thanks for clarifying.
That's Mark Cooper, National Board membad for font er at
try the English Federated Farmers. Heather, it's nice that we're
not forgotten one of the listeners seven. Well, let me
tell you it's nice to have one of the listeners
seven listening.

Speaker 9 (01:10:15):
To the show.

Speaker 3 (01:10:15):
I'm very honored because you're very intelligent. So I'm wondering
what the hell you're doing with your brain anyway, In
a twist, I think this is a twist. Some retail
shareholders in Sinlay are considering taking liquidation over the loan tomorrow.
So I've told you about this. It's d day tomorrow.
They're going to vote tomorrow at two o'clock on whether
they take the one hundred and thirty million dollar loan

(01:10:36):
from Bright Dairy, which is a minority shareholder in Sinlay,
is also a Chinese company, and then they would need
that money in order to be able to Sinlay. They
would need that money in order to be able to
pay the banker's bills next Wednesday, or if they don't
take that loan, liquidation for them. The reason why they're
not keen on the loan apparently is because if a
loan is raised, it only gets them that far and

(01:10:58):
then the next step to save the business as a
capital rays and Bright dairy thirty nine percent stake already
then probably increases its shareholding, which would mean existing retail
shareholders positions are obviously diluted, and apparently quite a few
of them are worried about that. Some retail investors are
commenting online that the planned capital rais would consolidate their losses,
and boy have they suffered losses. In the share price,

(01:11:20):
by the way, and they would get more from a
liquidation and selling off assets than an increased Bright Bright
Dairy shareholding. So watch tomorrow at two o'clock. It's going
to get really interesting six thirteen.

Speaker 2 (01:11:32):
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 newstalksb.

Speaker 3 (01:11:43):
Just reminder Caitlin Parker of Milford Asset Management's going to
be with us shortly enough to talk us through the
market reaction to what the Reserve Bank had to say today.
But right now at sixteen past six and while as
we've discussed, the Reserve Bank isn't saying very much and
when we're finally going to see the interest rates fall,
but mortgage holder are betting they're going to fall this year.
Jane Tibshrady is The Herald's Wellington Business editor and with

(01:12:04):
us HEGANA Hey, Heather, so what are you seeing that
indicates their betting on this year?

Speaker 23 (01:12:09):
So the Reserve Bank releases quite a bit of interesting data.
One of the data sets it released recently shows that
about seventeen percent of the new mortgages that banks wrote
in May went to people who fixed for six months,
so that was quite an increase from what we've seen previously.

(01:12:31):
So basically, proportionally proportionately, a lot more of the new
mortgage lending was going to people fixing for relatively short periods,
so that seventeen percent for owner occupiers. For investors it
was even higher at twenty two percent, quite a big
jump from where it had been. Now, I should say

(01:12:52):
that fixing for a year is still by far the
most popular option, and it has been for some time.
But I think it is interesting that in May, you know,
fairly significant number of people thought to fix for six months,
and that was despite the Reserve Bank at that time
suggesting that it would only cut the OCR in around

(01:13:12):
August next year.

Speaker 3 (01:13:14):
Now, Jenay, I probably have not actually underscored this enough
on the show this evening, but what has just happened
from the Reserve Bank is a massive change in tone. Right.
They have gone from being like really hawkish to really
dubvish in the space of two announcements, haven't they.

Speaker 23 (01:13:30):
Yeah, Look, I thought it was a significant pivot from
as you say, surprisingly hawkish to surprisingly dubvish in quite
a short space of time. Interestingly, without any new inflation
figures in that period that the Reserve Bank has changed
its view. So the Reserve Bank currently only has inflation
figures for the March quarter as it did back in May.

(01:13:52):
I thought that the change was notable, it was a pivot.
Sharon Zohner from A and Z, who I took to,
obviously thought, yeah, it's a change of tone, but it's
not too drastic. Look, I think the new inflation figures
for this joone quarter, which are out next week, will
be the ones to watch. Yeah, right, like if that, yeah,

(01:14:14):
if they if they come in showing that inflation is
actually falling quite a bit, you know, I think we
could see rate cuts soon. I think the Reserve Bank
previously suggesting that the first cut would be in August
next year, is now, you know, totally an outdated view.

Speaker 3 (01:14:31):
Is it possible that somebody like Sharon Zohlner says it's
not a massive pivot because nobody believed them when they
were being that hawkish anyway.

Speaker 23 (01:14:39):
Yeah, look, that is interesting. Markets in particular, it didn't
believe the Reserve Bank at all. Economists were a little
bit more balanced, and you know, now today's statement really
has given markets the evidence they were looking for to
price in rate cuts soon. My understanding is that that

(01:15:00):
the pricing is such that markets, you know, there is
a chance that you know, some people think there's a
chance that the first cut could even come in August,
but most economists are now still picking November. I think
if you take a step back, this is all pretty
confusing for your average person trying to figure out how
to fix their mortgage or what to do with their

(01:15:21):
term deposits. Because we've had, you know, quite a few
different views come out within the past few weeks. But
what I would say is interest rate cuts now seem
like they could happen sooner than we thought two months ago,
and the chance of a hike is probably now no
longer there.

Speaker 3 (01:15:39):
Yeah, hey, Jena, thank you very much. Really appreciate you
talking us through that genative training. Harold's Wellington Business Editor. Apparently,
if you want an ADHD diagnosis in at the moment,
you are going to have to wait a very very
long time, like potentially up to a year. The Herald's
done a survey of twenty specialists around the country. Around
half of them are not taking any new patient because

(01:16:00):
their books are already full. Of the remaining half who
are taking new patients, the earliest available appointment was six
weeks away, and that was an outlier. The actual typical
wait is about six months to a year. One poor
receptionist that the Herald called had no free appointments until
August next year. August next year, that is more than

(01:16:24):
a year away, and she was obviously exasperated because she
just had another request for an assessment two minutes earlier
before the Herald called. So by the time the Herald call,
she was at a wits end. Basically, what's going on
here is that I have changed my attitude towards ADHD.
Right there was It wasn't long ago where I was like, oh,

(01:16:44):
you're thinking you've got ADHD. No you don't, No, you don't,
but actually maybe you do. Because what's going on is
its adult assessment for ADHD, typically from women. It started
about three years ago because it basically people became more
aware of ADHD, started wondering if that's what was going on.
And normally, of course, nowadays you'd pick up the kids

(01:17:05):
like at school, you'd pick up if they have ADHD.
But that wasn't the case when you were going to
school in the eighties and nineties, nobody was picking up
that kind of thing. So you've lived your whole life
with it, and now you're going to get the diagnosis.
So that explains what's going on here. So it's a
whole generation of people who are well informed, probably tertiary educated,
probably time on their hands trying to figure out what

(01:17:26):
the hell's wrong with them, and then they go, maybe
it's ADHD, So they're going to go get a diagnosis.
All power to you, six twenty one.

Speaker 1 (01:17:32):
If it's to do with money, it matters to you.

Speaker 2 (01:17:35):
The Business Hour with Heather Duplic Ellen and my HR,
the HR platform for sme us talk, sa'd be whither.

Speaker 3 (01:17:43):
I don't have the attention span to wait a year
for an ADHD diagnosis. No one does. No one does. Hey, listen,
I've got to get you across this. Three News is
reporting that they've got a safety bulletin that details what
happened with the Artitella just before the thing ran aground.
Get a load of this, okay, autopilot was on, Oh yeah,
it was at nine twenty six. This is at night.

(01:18:03):
The execute button was accidentally pressed and caused the ship
to sail off course. This is execute their autopilot. The
crew then try to regain control for about a minute
before steps were implemented to try to slow down the ship,
but by then it was too late. A key part
of the investigation will be into whether the bridge crew
knew how to turn off the autopilot, and the memo

(01:18:25):
claims that nobody knew that to overrule the autopilot you
had to hold on the button for five seconds. I
think this explains why the crew has a lawyer, you
know what I'm saying. Six point twenty five. Now, let's
go to Caplin Parker of Milford Asset Management. Hey, Caitlin,
Hey here we am okay, I'm very well. Thank you know,
we've got almost three years of high interest rates. Are

(01:18:48):
we starting to see an acknowledgment? Do you think from
the Reserve Bank of the damage that this is causing
the economy?

Speaker 24 (01:18:54):
Yeah, look, preasingly we are so for the first time
this cycle. Today the ROBNSAD they signal their intend to
create in the statement, and that was definitely a pleasant
surprise for the market because going in, you know, most
of us we did expect that the statement was going
to be pretty neutral and that the orban said we're
going to actually say very little. And the market had
been expecting the Urban ved to specquitting right later this year,

(01:19:17):
but no one is really expecting them to admit to
this today as such, and they will and truly did
let the cat out of the bag that they are
thinking about interest rate cuts. So this was a definite shift.
And some of the key points I suppose for me
was really the confidence that the Orban said. Have I
mentioned it, I think twice in the statement, but they
are confident that inflation will go back to their one

(01:19:38):
to three percent target in the next six months. And
also the Urban said they did discuss that this height
monetary policy, these high interest rates that they're feeding through
to domestic demand more strongly than they expected, but very positively.
There was no mention of any or any talk of
an whether out or hike in the statement today versus

(01:19:58):
earlier in the year when they tried to elude and
come into the market that potentially they would hike again
if inflation remains for abust.

Speaker 3 (01:20:04):
Yeah, and so what was the market reaction to the
Reserve Bank today?

Speaker 24 (01:20:08):
Look, so market was expecting them to start cutting later
this year, and now they're expecting a larger quantum of
cuts and at a faster pay, So now putting about
a sixty percent probability that the orbanst will start cutting
in August versus later in the year. So we thought
interest rates putting lower immediately on the back of that
statement been released. So the two year interest rate, which

(01:20:31):
is an input into mortgage rates, that was down abouzero
point two percent. Currency was also weaker, and share market
rallied on the back of it a bit. So it
was received very well by the market, and I would
imagine that these moves will be somewhat extent that the
offshore markets come in and get involved overnight. So the
orbian dead they would have been well aware of what

(01:20:51):
this statement would have done and the market reaction that
would have been received, and the markets starting to price
the work. But so it won't be surprised the orbian
zet how I've reacted.

Speaker 3 (01:21:01):
Caitlyn, always good to talk to you. Thank you so
much for expertise. It's Kaitlyn Parker of Milfit Asset Management.
I got this text from Andrew at twenty seven past five,
so about an hour ago, but bang on an hour
ago here the last week I was on a water
taxi and picked in and the skipper told me he
was farying engineers back and forth to the ferry while
it was on the beach, and they told him there
was absolutely nothing wrong with the steering and it was
one hundred percent human error. And Andrew who text us

(01:21:24):
that an hour ago, bang on? By the looks of things,
how can you not know that this is transparent all
over again? How do you not know? Just press the
button for five seconds, mate? That's pretty much a restart,
isn't it. Headlines next.

Speaker 2 (01:21:41):
Crunching the numbers and getting the results. It's Heather Duplice
Ellen with the Business Hours thanks to my HR, the
HR platform for sm on us talks edb well.

Speaker 18 (01:21:55):
Gathered cold us.

Speaker 3 (01:22:00):
Do you think there was clown music on the ferry
bridge when they were panicking with the autopilot button, Steve Quiet?
I think there might have been the soundtrack of clown
music going on there. So winnip and New Zealand first
proved correct on two things now, first claim autopilot was
on bing correct. Second claim they couldn't get autopilot off

(01:22:22):
in time ding correct. Third claim somebody was off having
a coffee. Now I'm starting to wander, is it possible, Like,
it's very hard to believe that there was absolutely nobody
on that ship who knew that you had to hold
down the button for five seconds to make it go off.
Do you know what I mean? In which case, is
it possible that the person who knew about that button

(01:22:43):
and that you had to hold it for five seconds
was off, having a weibi or doing something so like
partially right on claim three, I stand I stand by
to find out where that person was on the ship,
because they obviously weren't on the bridge trying to get
the button to go down for five seconds. Update on
Darlene Tana, she has broken her silence. She's spoken to
the Herald. She reckons that the leak of the report

(01:23:05):
that we had last night and which was also then
leaked to arn Z this morning, as designed to pressure her.
She says the leaks were intended to pressure her, but
she didn't speculate on who was behind them. Quote the
leak of the investigation report or part of it, appears
to be another attempt to pressure me. She's also confirmed
she won't be pursuing a further inquiry. She says there's

(01:23:25):
no point in inquiring into whether the inquiry made the
right cause, because that's just going to waste money. She
didn't want to have anything to say, like I had
nothing to say about what Rachel Bert in the report
had found about her husband. Her INSIGHT's not mine, Nor
can I speak for my husband. He's his own person
and how he engaged in the process was entirely up
to him. That speaks to the heart of this investigation.
He makes his own decisions about his business. He doesn't

(01:23:46):
have any obligation to close that disclosed that information to me.
And then she was asked whether she would remain in
Parliament as an independent MP. She wouldn't say that. She
wouldn't say either way. She just said that she was
taking time to consider the report. She said, I gave
the Green Part my utmost patience throughout the investigative process.
I am disappointed they are not extending the same patients
with me, which actually is a fair call, isn't it.

(01:24:08):
Because she has been made to go home and take
some sicky leave, which in a wedd all love for
four months, and in that time she waited for them
to do their thing. But then what they get the
report on Friday and they're like quit by Monday. I
mean maybe they can make just give her a couple
of days to think about it. Twenty two away from.

Speaker 1 (01:24:24):
Seven together for see Alan.

Speaker 3 (01:24:26):
As we've discussed. Otago University has released its freedom of
speech policy and it's been called gold standard. The university
has promised not to restrict debate or deliberation even when
it comes to ideas that could be seen as offensive
or immoral. Emeritus Professor James McLaurin led the working group
that put the statement together, and James is with us James, Hi, Heather,

(01:24:48):
this is surprisingly good From somebody sitting on the outside
who cares about free speech. I'm looking at this saying
this is surprisingly good. Was it a battle to get
it to this point?

Speaker 4 (01:24:56):
As a long process, We've been working on this since January.
We put out a call that anybody in the university,
in all our campuses around the country could come and
talk to us in confidence, and so we've had a
huge number of discussions. The university is keen on doing this.
A lot of the universities have a free speech statement.

Speaker 6 (01:25:15):
We didn't have one.

Speaker 4 (01:25:17):
We think it's essential the university has got to have one.
So it's been exciting doing it. It's good that it's done.

Speaker 3 (01:25:25):
Did you have much internal opposition to this?

Speaker 1 (01:25:29):
Oh?

Speaker 4 (01:25:30):
We gave people a few questions that you know, we
thought they might come along having thought about. And one is,
you know, why does free speech matter? And how much
should a universe care about free speech? And pretty much
everybody who either came and talked to us or wrote
us something came with views about the importance of free speech.

(01:25:51):
Everybody thinks that it's important. Not everybody thinks of it
in quite the same way.

Speaker 3 (01:25:55):
Do you think, though? I mean, is it one of
those things where when you when you talk about free speech,
the proponents of free speech will argue for it, But
when a problematic speaker pipes up and says something problematic,
the other guys are suddenly going to find their voice
and have a problem. Then, like, your battle with this
policy is down the road yet.

Speaker 4 (01:26:14):
Yeah, I guess in some ways it is. But you're
going to think. You know, if you think about the
people that we think about, the famous scientists and scholars,
you know, Darwin Newton, Copernicus, whoever, all those people, why
did they all have in common? They all had views
that all the people around them disagreed with. So they
all had to fight to get a very different view
to be you know, taken seriously by people. So you know,

(01:26:38):
that's our heritage and we've got to grab onto that.
If you're if you're all about discovery and a university
should be, then this is something we've we've got to do.

Speaker 18 (01:26:47):
We've got to.

Speaker 3 (01:26:48):
Own James if the listener seven who spoke up about
their views on the tot ang Amori we're not employed
by the University of Auckland, but we're employed by the
University of Otago right now this policy in place, do
you reckon they would have been treated differently.

Speaker 4 (01:27:05):
It's hard to know because I'm not in the University
of Auckland, but I feel like they.

Speaker 3 (01:27:09):
Would have because the chancellor, the Vice Chancellor, Dawn Freshwater
obviously went publicans said that what they had said publicly
had upset people. So presumably under this policy she wouldn't
have said something like that because you guys accept that
people will be upset and that's just how life is.

Speaker 4 (01:27:28):
Yeah, when people came and talk to us, they had
all sorts of ideas about you know, what the standard
would be. We shouldn't upset people, we shouldn't defend people,
we should respect one another. You know, they all sound
like nice things, but they're all too ambiguous to have
us a standard. People just disagree about what's offensive, they
disagree about what it is to be respectful to one another.
So those things can't be the standard. And I guess

(01:27:51):
the other thing that we thought is, you know, New
Zealand's got plenty of problems to solve out there at
the moment, and we've got a pretty polarized world, and
we don't want to limit free speech in the university
where people are informed and want to have constructive debates
more than we limited you know, out on the streets
as it were. So so we take this permissive view

(01:28:13):
and this idea that we want to get people with
very different ideas in the room together.

Speaker 3 (01:28:17):
Why did you guys make the call that you have
You have the ability to say though to outside speakers.

Speaker 4 (01:28:27):
So we think of this thing called university community that
has the staff and all our students, and you know,
everybody who's connected with this with the university, including people
that we invite to.

Speaker 6 (01:28:37):
Come and work with us.

Speaker 4 (01:28:40):
All those people we expect to have read this policy
and we are going to try and get them and
boosed about this policy and think that this is this
is the way for it. People who come from outside
the university and just say I want to rent a room,
you know, I want to have some sort of event there.
They're not in any sense, you know, bound by this policy.

(01:29:01):
As you just said before. You know, the future is
a big place. We don't know what's going to happen.
It's possible at some point in the future that somebody
comes along they want to hold an event that we
just think is way off space. Is not the sort
of things we want to happen in university. So we
want to give ourselves a get out clause for that case.
But that's not the case, you know, that's not for
our starting students.

Speaker 3 (01:29:21):
Do you think that you're going to have a whole
bunch of parents around the country who are going to
want to send little Johnny and little Jill down to
Otigo University because of this policy, Because I'll tell you what,
it will appeal to a lot of people.

Speaker 4 (01:29:35):
Yeah, I am partner with on this working group because
for a long time I taught critical thinking, I teach philosophy,
and parents are very enthused about the idea that their
kids will get to university and be presented with difficult
problem and have to cope with, you know, disagreement and

(01:29:56):
discovering something they really thought was true turns out, you know,
probably not. You know, those are the things that we
want people to get out of university rather than just
wrote learning a bunch of facts. So I hope that
people will see this as a positive.

Speaker 3 (01:30:09):
Yeah, absolutely, I think they will. James say, thank you
very much, really appreciate talking to you. There's James McLaurin
Otago University emeritus professor who helped them write the freedom
of speech policy at sixteen away from seven.

Speaker 2 (01:30:19):
Whether it's macro micro or just playing economics, it's all
on the Business Hour with Hither duplic Ellen and my HR,
the HR platform for SME News talks.

Speaker 3 (01:30:30):
It b Kevin Gray are UK correspondents with us this evening?
Hey Kevin, Hi?

Speaker 1 (01:30:34):
There have so given?

Speaker 3 (01:30:35):
Why is Kirstarman not saying when the UK defense budget
will hit two point five percent?

Speaker 25 (01:30:40):
Yeah, that's what lots of people are asking. So he's
currently at the NATO summit, NATO members pledging to spend
at least two percent of their gross domestic product their
GDP on defense by twenty twenty four and some twenty
three of the thirty two members in the Alliance are
projected to meet this target this year. The UK already
spends a little over that figure on its defense, but

(01:31:04):
the Prime Minister, Secure Starmer, is pledging to commit to
two and a half percent of national income on defense,
but not putting a timeline on it when that will
be delivered. And you know, he's saying he's set out
a roadmap. There are multiple threats, so we have to
be ready to defend ourselves. There's a route and branch
review to secure Britain's defenses. But yeah, I mean, he

(01:31:28):
says that he wants to get a strategic review done first,
and frankly many think that could be right kicking into
the long grass because that could take a long long
time to come. But he says he needs to review
all the different security risks that this country's faced before
he then commits to this two and a half percent.
But it is I think perhaps the first potential little

(01:31:50):
sticking point within his new premiership. And suffice to say,
meeting all the world leaders, including Joe Biden his big
first international event.

Speaker 3 (01:31:59):
Yeah total, Hey, So BYD has decided it's going to
start making some cars in Turkey. This is the Chinese
electric vehicle maker. Are they doing this to get around
the EU sanctions?

Speaker 25 (01:32:08):
Yeah, pretty much so I think that's exactly why they're
doing it. So a new plant is going to create
up to one hundred and fifty thousand vehicles a year,
five thousand jobs created by the end of twenty twenty six,
in a deal signed at a big event by the
President Regip tier Birda one and the chief executive of BYD.

(01:32:29):
But this comes as Chinese electric vehicle makers really under
the screw frankly from the European Union in the US
with these huge new tariffs that we've talked about for
some cars, up to nearly fifty percent tariff. But Turkey
is part of the EU's Customs Union, and that means
that things made in the country and ex exported to

(01:32:53):
the rest of the bloc can avoid the additional tariff.
And so that's why this is particularly attractive for the
Chinese car makers. And indeed, of course it's a similar
thing in America where Joe Ryden ramping up Carason Chinese
made electric vehicles, solar panel steels and other goods where
he's really imposed these spaces, including a one hundred percent board,

(01:33:16):
attacks on electric vehicles. And this is all because the
EU and the US say that the Chinese government is
effectively subsidized in the production of electric cars with state grants,
something incidentally both byd and the Chinese government strenuously deny.

Speaker 3 (01:33:33):
Yes, okay, what do you have to do when you're
in Denmark in order to be able to get the
free food and the free activities?

Speaker 25 (01:33:39):
Yeah, I quite like the sound of this. I really
can't see it working, however, but that is a cynical
brit talking to you here. Ever, this is a trial
scheme beginning in just five days time, and that'll see
tourist attractions in Copenhagen, the Danish capital, offer rewards to
tourists for activities like litter picking, traveling by public transport

(01:34:00):
or biking around the city instead of using a car.
And under the initiatives, once it's been proven you've done
these things, visitors can claim free lunches, coffees, even glasses
of wine. And the kayak rental scheme supposedly open anyway.
It's called Cope and Pay. It's designed to offset the

(01:34:21):
environmental burden of tourism, according to the Copenhagen Tourist Board.
And they're really saying, you know, these are little steps,
but they are important steps towards a green transition. They
say it is trust based, meaning attractions are unlikely to
ask for proof that the green activity has been completed.
So in other words, you could say you've done a

(01:34:42):
bit of litter picking and get your lunch and actually
not have done it. I think they are, however, expecting
to see your bicycle if you're cycling. But yeah, it
sounds a bit loose to me.

Speaker 3 (01:34:52):
Yeah it does. Trust models never work, Gavin, They work
in our favor if we just want a free glass
of wine, appreciate your time, mate. That is Devin gray
aw Uk corresponding Biden, things are getting like marginally worse
for him because there is now a seventh Democrat in
the House who's called on him not to run for reelection.
This is the representative of New Jersey, Mikey. Sheryl Mikey

(01:35:14):
says the stakes are too high, the threat is too
real to stay silence. There's a mounting number of people,
including donors now representatives and donors who have said, yeah,
gotta go, so we'll just see how long he can.
It's a bit of a Darling tunn of situation. Ah,
how long are you going to hold this line for
mate eight away from seven?

Speaker 2 (01:35:30):
Whether it's macro MicroB or just playing economics. It's all
on The Business Hour with Heather Duplicy, Allen and my HR,
the HR platform for sme US talksp.

Speaker 3 (01:35:42):
I did tell you this about this before. I think
this is very cool. Did you realize that the Wimbledon
officials asked Lulusun to donate her racket for their museum
this morning after she lost in the quarter finals. The museum,
the Wimbledon Museum, has some of the most memorable artifacts
and memorabilia and stuff since basic the thing started all
the way back in eighteen seventy seven. And the reason

(01:36:03):
that they asked her to donate her racket is because
she is the first New Zealand woman ever to reach
the singles quarter finals and they thought that that was
worth marking. And of course she did it. She said
it was an honor to do so, because of course
it is. But here's my little conspiracy theory on it. Right,
they don't care about New Zealand. Who cares about New Zealand.
I think they can see a talent in the making.

(01:36:23):
So what they've done, this is my conspiracy theory, I reckon.
What they've done is they've gone that lu Lucin, that
girl's going to be a big thing. Get her racket.
Get her racket, because then we can say, this is
the first time that she ever was at Wimbledon, and
we've got the racket. And then one day when she's
like number one or number two or some you know,
some high faluting seeding, they can say we've got the racket,
and everybody's going to go look at the rect because

(01:36:44):
nobody's going to go look at the racket. Now, nobody's
gonna be like, oh, that's the girl from New Zealand,
that first one to get into the quarter finals. No,
but when she's really high in the rankings and they're
going to go look at the racket, aren't they. That's
my conspiracy theory, not a conspiracy theory. Trek five is happening.
Shriek five is happening. It's gonna be in a couple
of years, twenty twenty six. They've got Mike Meyer's back,

(01:37:05):
They've got Eddie Murphy back, They've got Cameron Diez like
everybody's back and get this. When it comes out, it
will be twenty five years after the first film came out.
That's longevity. And it's why are you playing the clown music?

Speaker 22 (01:37:16):
I was gonna say. I thought, since this music has
gotten us into such trouble with transfer, I may as
well talk a little bit about what it is and
where it came from. This is Entry of the Gladiators
or Entrance of the Gladiators as composed by Julius Oh
my check's really bad, Julius Fucik. I'll say there he
was in eighteen ninety seven. He did it as a
march for the Austro Hungarian Army because he was the

(01:37:39):
military band master of the army stationed in Sadajevo. And
since then, in nineteen oh one, an American publisher, Carl
Fisher made a version of it that a lot of
circuses decided that they like the sound of and they'd
use it and they'd play it whenever the clowns were
about to come out, and so that kind of stuck,
and that association has lasted to this day. And so
now Entrance of the Gladiator this is a universally recognized

(01:38:01):
across the Anglo sphere as the cloud music.

Speaker 3 (01:38:03):
What was Transpower complaining about we were playing gladiator music
for them.

Speaker 22 (01:38:08):
We were like, yeah, a bit of other radio stations
played classical music all the time. They wouldn't complain about that,
but when we do it, they get all upsets.

Speaker 3 (01:38:14):
Yes, me, and because here's the thing, right, here's an
alternative spin on it, Transpower. We were playing the gladiator
music for you because no normal mortal can bring down
an entire pylon, but one of your mortals can because
they're gladiators.

Speaker 1 (01:38:27):
They about that.

Speaker 3 (01:38:28):
You didn't have to get upset about it. In the end,
look forward to talking to you one day, See you tomorrow.
He's dog Zibi.

Speaker 2 (01:39:10):
For more from Hither Duplessy Allen Drive, listen live to
News Talks at b from four pm weekdays, or follow
the podcast on iHeartRadio.

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