Full Show Podcast: 11 February 2025

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
What fat.

Speaker 2 (00:02):
Digging through the spins spence to find the real story story.
It's Ryan Bridge on Heather Duper see Ellen drive with
one New Zealand.

Speaker 1 (00:11):
Let's get connected and news talks.

Speaker 3 (00:13):
They'd be good.

Speaker 4 (00:14):
Afternoon four oh seven Tuesday, the eleventh of February. Great
to have your company. The KO crackdown on tenants who
are not paying rent. Will look at that after five.
Todd McLay on the Trump tariffs, Cameron Baggery looks at
means testing New Zealand's super some good business news for
you after six o'clock and what the hell is going
on with Eneos and MZR.

Speaker 1 (00:34):
We'll look at that too, Brian Bridge.

Speaker 4 (00:37):
So today Kying Order revealed some interesting stuff about their tenants,
those that are and those that aren't paying rent. The
good news, and it is good news. Ninety percent of
our state housing tenants are up to date with their payments. Fantastic,
well done, congratulations. The bad news is just how bad

(00:58):
things had to get for us to start taking some action.
How bad things got during COVID in twenty nineteen, tenants
owed three point four million dollars in outstanding rent three
point four by the start of twenty twenty four, that
number was twenty one point six million dollars. How did
this number blow out so quickly and by such a margin?

(01:21):
I hear you asking, dear listener. Well, today Coying Order
told us in black and white in a Q and
a section of a release that they put out to
the media. So the reasons that it blew out, they say,
the impact of COVID nineteen lockdowns, the steps that KO
took to respond to previous Labor government policy, cost of living,

(01:42):
and wait for it, their sustaining tenancies policy, which was
basically not kicking anyone out. Remember back in twenty twenty
three under Labor just three tenants were evicted from Coying
Order in the entire year. That's despite more than three
hundred serious complaints lodged over behavior every month. And the

(02:06):
twenty odd million dollars that was owing an unpaid rent incredible,
What are shambles? Why would you pay rent if there's
no chance you get evicted? Right? So, what Chao's announced
today is tougher penalties for those who fail to pay,
including evictions for those who won't pay and refuse to
communicate with them for more than twelve weeks. Fair enough,

(02:27):
but they've also had to swallow a big dead rat,
and by they I mean us. They are writing off
about half of the debt that's currently owed. The total
now is about sixteen million, so eight point three million
dollars is being written off or in their words, forgiven. Basically,
the debt piled up far too high under the last

(02:48):
lot and they've had no choice but to kiss goodbye
to any chance of getting that back.

Speaker 1 (02:54):
Cry and Bridge nine.

Speaker 4 (02:56):
After four news talks, they've been New Zealand First has
introduced a member's bill to change the rules around fluoride
in the water. If it's pluck from the ballot and
if it were to pass, the bill would repeal the
twenty twenty one law that gave the Director General of
Health the power to determine if water supplies should be fluoridated. Now,
local water authorities would also be forced to hold a

(03:18):
binding referendum on the issue. Winston Peters is the leader
of the New Zealand First and he's with me this afternoon.
Good afternoon, good afternoon, Great to have you on. So
obviously there's not a lot of support around from your
cabinet colleagues for making a change to this issue. You've
been forced to go down the member's bill route.

Speaker 5 (03:40):
Well, the reality is that this was the state of
affairs for decades until twenty twenty one when the people's
right to choose in a local referendum was removed, and
then they became the victims of an autograde decision which
costs millions for the councils and at a thread of
two hundred dollars fine and ten dollars for every day

(04:03):
that this existed, ten thousand every day since that it
would be in place. So it's two hundred thousand dollars
fine and then a ten dollar fine every day that
the council didn't comply with a dictate from the Director
General of Health as a result of the twenty one legislation.
And we're thying give people back the democracy that they

(04:23):
enjoyed all those decades. Let them decide they're the ones
who are right to have a regard to what they want,
not some bunch of over inflated bureaucrats in Willington.

Speaker 4 (04:33):
Find it as being told because they're obviously the ones
who are kicking up the biggest fuss you'd have to say.
And the Director General is saying, oh, we're going to
go to the will force you through the High Court. Actually,
so they've got to March twenty eight. Now, look it's unlikely.
I mean it is possible, but it's highly unlikely this
bill is going to be anywhere significant by then.

Speaker 5 (04:52):
So what well, it depends, depends depends. If you are
persuasive and your colleagues take a similar line of responsibility,
we could have the all through Parliament by that time
and would not be necessary for the ratepayers of farn
Ray or to Roma for example, or any other council
having to waste all this money.

Speaker 4 (05:08):
Well, not so much my colleagues, but yours. Minister Nicola
Willis just said on the news here at News Talks B.
I want my kids to have fluoride in their water,
and I want that for every other kid too. We're
not touching the law.

Speaker 5 (05:21):
Well, that was not the National Party's position for all
those decades, and I'm talking about in the sixties, seventies,
eighties and nineties all the way through to twenty twenty one.
We're in an authoritative Labor Party by itself made this decision.
So we just wanted to go back to what what
was and we'll trust the.

Speaker 4 (05:40):
People not fair enough. Any comment to make on David
Seymour in the house today and they're driving up the
steps yesterday.

Speaker 5 (05:48):
No, have you heard have you heard the Latin phrase
raise ups a.

Speaker 1 (05:55):
Lock at it?

Speaker 4 (05:56):
No? I haven't exit you what does that mean?

Speaker 5 (05:58):
It means the thing speaks for itself.

Speaker 4 (06:01):
Have you heard from the Prime Minister Mark Brown yet?

Speaker 3 (06:06):
No?

Speaker 5 (06:06):
Because he's in Basing at the moment.

Speaker 4 (06:09):
Do you expect to hear from him? So, I mean,
have you had any communication that you might be hearing
from him?

Speaker 5 (06:15):
Well, again, this is a matter of this is a
matter of awaiting development side. Don't know when that will be.
But we would expect to hear from men course, but
that's not what I expect the next couple of days.

Speaker 4 (06:26):
So he still hasn't even said if he's going to
talk to us yet.

Speaker 5 (06:30):
Oh I know he said he's going to talk to us,
and isn't said he's going to talk to the Cogollen people,
but not before the event after it.

Speaker 4 (06:38):
Mister Peters, thank you very much for your time. I
appreciate it, Deputy Prime Minister, and you've been New Zealand
First Party leader Winston Peters. It is thirteen after four
here on News Talk, said B Sport.

Speaker 2 (06:48):
Next, it's the heather to for See allan drive full
show podcast on iHeartRadio powered my News Talk ZEBB.

Speaker 4 (06:57):
Just gone sixteen after four news Talks. Hebb your text
here from he says, why if you are a state
house tenant, why would you bother paying rent if you've
just heard the news that coying order is going to
wipe half of the debt and rent arears. It's a
very good question. And will I ask a coing order
about it? The bosses on to stuff to five here
at News Talks. He'd be right now. Darcy's head was sport. Hey, Darcy, Hey, Ryan,

(07:19):
can you very simple question that I don't know the
answer to?

Speaker 6 (07:23):
It good because I'm a simple man.

Speaker 4 (07:25):
Why is Anios pulling out of this deal with that?
I don't know.

Speaker 6 (07:29):
Maybe Sir Jim Radcliffe's all angry that Team New Zealand
beat him in the yachting so he's got everything in
a tooice that he's going. I said, I don't know
what I can do. I don't know. It's something he
signed up for and now ins it up saying you
can't reneag on this. Look at services. He's already had
services provided. He still hasn't paid his bill for last.

Speaker 4 (07:50):
Year because the January payment hasn't been made. Right is
this the first we've heard of it? That the contact
was built about.

Speaker 6 (07:56):
Last year, but now we know the New Zealand Rugby
would have known what the end date was. But now
they've gone, Look, they've obviously been in negotiations. Can we
have the money? You ask please? And he's gone no,
I'm going wait.

Speaker 4 (08:11):
Outrageous.

Speaker 6 (08:11):
It is when you look at sporting contracts though they're
not worth the paper they've signed on. Are they with
sports teams like I don't like you anymore? I'm going
home family reasons. So this is very very different. But
if inxid Are didn't do anything that would open floodgates,
and they.

Speaker 4 (08:29):
Have to because then anyone can walk out on them.

Speaker 6 (08:31):
They've got to stand there and go you can't do this.
We'll have our day in court. We will not. It's
posturing to a degree. Hopefully there'll be an out of
court sentiment because we believe it's ten million dollars. This
is probably money down the back of the couch for
Jim Rackliff from any of us. He's a billionaire. But
it represents a fair slug of cash for ends are

(08:53):
and that's coming up over the next couple of years
as well. So now they've got to shift their movement
to the court, but also to who else. It's their
name on the back of the All Blacks backsides, and
that's what it comes down.

Speaker 4 (09:06):
To saying that on No, don't worry. You know, we're
out shopping around and we're confident we can get someone else.
I mean, how much do we know how much this
thing is worth?

Speaker 3 (09:14):
Yeah?

Speaker 6 (09:14):
Ten million dollars right, Yeah, that's that's per annum, So
that's that's a lot of money.

Speaker 4 (09:20):
But that's a whole and if you don't because this
stuff's planned way in advance, right, so it's not like
there's going to be a big corporate out there who's
got that kind of cash. But it takes a couple.

Speaker 6 (09:28):
Of years to actually get that sort of out. These sponsorships,
you don't just ring up some meat on Saturday for
a coffee. We'll sign the deal. There's a long term arrangements.
I think the scary thing about this is that a
Jim Redcliffe is he's plainly making some old decisions. He's
got Manchester United now he's a part owner of them,
and he's upping all of the prices for memberships and

(09:52):
ticket prices, and people don't like him very much. He's
having an argument around the America's Cup. So something's not
right in this well. But would you want to take
on a court battle with a guy with bottomless pockets?

Speaker 2 (10:04):
No?

Speaker 4 (10:04):
Thank you? No?

Speaker 6 (10:05):
How long will it go for?

Speaker 4 (10:06):
How long will they?

Speaker 6 (10:08):
That's it? That's scary.

Speaker 4 (10:09):
Hey. The Hurricanes have decided they're going to have four captains.

Speaker 6 (10:14):
Yeah and yes, everyone went what And I understand that
because it's like you played, you get a certificate, you've
got the jersey. Here had a captaincy, but the guardianships
they're more guardianships.

Speaker 4 (10:25):
Look, there's one person in charge on the field though, right, yep.

Speaker 6 (10:29):
I think that it's a rather pragmatic decision. And the
fact that guys get stood down for all black reasons
because they can't play every game in the season, so
there's someone out. Your captain is probably going to be
an all black. Guys get injured so you can't have
them in the side. Guys get rotated in and out
of a team because that's of high attrition the sport.

(10:50):
So what he's basically saying, is these four guardians of
the team. One of them were the armband and complain
at the ref and decide whether to go for the
three points or not, and the other ones you stand
around and agree. When there's only one in the park,
there's our boss. So I think it's a pragmatic decision.
So we're going to need them.

Speaker 4 (11:07):
Why not just because when someone you know, if someone
gets has to tap out for whatever reason, just peck
another one.

Speaker 6 (11:13):
Then well, they've gotten already lined up. They're in a
cue now, an't they. It's like a taxi rank. I
don't want the blue Star, give me the corporate cabs.

Speaker 4 (11:21):
I don't know. That seems a little weird to me,
seems a little silly.

Speaker 6 (11:24):
Well, they had co captain singular captains. Seeing it. Next
year the Heighthanders are going to announce that the entire
bank is going to be captains. They't let the zoo
all of the students be captains the same time.

Speaker 7 (11:36):
I don't.

Speaker 6 (11:36):
They're just trying something new and fun, all right.

Speaker 4 (11:39):
See how it goes, Darcy, thank you very much for that.
We'll see you later on.

Speaker 6 (11:42):
I think you spend more time in the sun than
I do, Ryan.

Speaker 4 (11:44):
Bridge, Well, I tell you what. I spent a good
four days up in Russell over the weekend, absolutely beautiful
and yes I did spend a good portion of that
in the sun at Darcy Watergrave a sports talk host.
Here on news talksic be just gone twenty one minutes
after four. Coming up next, I'm going to tell you
about Trump's tariffs, exactly what they could mean for us

(12:06):
and what the real reason is behind them.

Speaker 2 (12:08):
That's ahead recording the challenging questions to the people at
the heart of the story. It's Ryan Bridge on Hither
Duplice Ellen Drive with one New Zealand let's get connected
News Talks.

Speaker 4 (12:21):
They'd be four four on News Talks. They'd be Todd McLay.
The trademans are coming up after five o'clock on the tariffs.
What does it mean for steel? What does it mean
for aluminium? I was reading an interesting piece in the
Wall Street Journal this afternoon and it kind of explained
why Trump is doing this and why he's using such
broad brushstrokes when he's applying them right. I mean, we've

(12:41):
already seen Australia say, oh we want to we would
like some kind of exemption that sort of thing. So
we'll talk about that later on with our Australia correspondent Muriols.
That's after four point thirty. But what's interesting about the
fact that he's made them so broad is this transshipments.
So transshipments is when because really he's trying to do
is target China. China, he says, is subsidizing all of

(13:04):
their steel. It's getting into the United States. They're dumping
it there, making their American firms less competitive, Right, So
why not just target China with a specific China steel
import tariff or tax? Why hit all countries and not
just China. Well, apparently the reason is transshipments, which is

(13:27):
basically where steel and aluminium people different countries will be
able to import the raw metals into their country right
from China, process it and then ship it to the
United States as an export on their own, thereby avoiding
the tariffs that would be applied on trying it. So
the reason that they are saying, apparently, according to the

(13:49):
Wall Street Journal, the reason that he needs to be
so broad is to avoid exactly that problem. It does
have implications for US, it has implications for Rio Tinto,
and that is what we're going to ask the Trade
Minister about on the program after five o'clock. Lots to
talk to him about, as you can imagine, and it
looks like the Australians are going to get special treatment.

(14:10):
We don't know exactly what type of special treatment at
this point. We just know that Trump and Albanezi you
have had a conversation. Something is in the works, something
is in the waters, and we haven't got anything at
this point. So we'll talk to Tom McLay about that.
We're also going to try and get to the bottom
of why is the Ineos has pulled out of a

(14:31):
deal with nz Are and exactly how much that's going
to cost us and how much time we might be
spending in court trying to deal with it. All of
that ahead here on News Talks B twenty six minutes
after court.

Speaker 8 (14:42):
Go and we ain't going on but on back stability
and run just to me and a truck bad while
like a Californi you can't. We could break it in
if you know what I mean, some hous on that
girl say witty and eron, just sue me and trust wire,

(15:09):
I could California came, We could break it in if
you know what I mean.

Speaker 2 (15:14):
Put the.

Speaker 6 (15:18):
We could break it in.

Speaker 9 (15:20):
If you know what I mean.

Speaker 4 (15:22):
Put some miles on. We do break it in. If
you know what I mean, push some miles.

Speaker 1 (15:30):
Ony checking the point of the story.

Speaker 2 (15:35):
It's Ryan Bridge on, Hither duplicy Allen drive with one
New Zealand let's get connected and us talks.

Speaker 10 (15:41):
It be because I'm already so Fina good to moget me.
I'd rather again my Julie gram Me.

Speaker 4 (15:53):
Good afternoon. It is twenty five minutes away from five
year on news talks it be. I just have to
talk about Choe Swarbrook and news here because it just
grinds my gears when I hear people talk about the
lunches and have I tried them?

Speaker 11 (16:06):
No?

Speaker 4 (16:07):
Have I seen the photos of them?

Speaker 3 (16:09):
Yes?

Speaker 4 (16:10):
Do they look like they will make you sick? Or
do they look poisonous?

Speaker 12 (16:14):
No?

Speaker 4 (16:17):
She talks about and I've got the clip to play
for you. He talks about in the house asking Chris
lux and some questions about forcing lunches on children.

Speaker 13 (16:25):
Have a listen, will be Prime Minister then commit to
eating the same lunches that he is forcing on our
school children, like one of these three that I have bought.

Speaker 4 (16:37):
Forcing Honestly, if you are hungry, you will eat it.
If you are not hungry, then you shouldn't be getting
a free school lunch in my opinion. Twenty four minutes
away from five, it's.

Speaker 1 (16:49):
The world wires on news dogs.

Speaker 4 (16:51):
They'd be drive as promised, and he does what he
says he'll do you. As President, Donald Trump has announced
a twenty five percent tariff on all still and aluminium
enter in the country. He said he will consider an
exemption for Australia as he just had a chat with
Elbow earlier today.

Speaker 9 (17:07):
I just spoke to him, very fine man, and he
has a surplus. I mean, we have a surplus with Australia,
one of the few. And the reason is they buy
a lot of aeroplanes. They are rather far away and
they need lots of aeroplanes, and we actually have a surplus.
It's one of the only countries which we do. And
I told him that that's something that we will give

(17:29):
great consideration to.

Speaker 4 (17:31):
Mariold on Matt in a second, Hamas has indefinitely postponed
the next hostage release. The militant group has accused Israel
are failing to live up to its end of the
ceasefire deal. A member of the Hamas Political bureauses the
Israeli defense forces have fired on Palestinians several times.

Speaker 14 (17:46):
More than twenty five Palacinians have been killed and doesn't
wound it. Most of the humilitym head, which was greed
upon is still hold outside by the time.

Speaker 4 (17:58):
Finally, this afternoon, a monkey has managed to cause a
country wide power cut in Sri Lanka. The Sri Lankan
Energy Minister says the animal came into contact contact rather
with a transformer, caused an imbalance that shut off the
whole national grid. One monkey. Power has been restored, but
some Sri Lankan citizens have said it's a bit worrying

(18:20):
that something like this is even possible. Also, don't know
what happened. I mean, I'm assuming the monkey's not in
great condition, but I'm not entirely sure.

Speaker 2 (18:29):
International correspondence with Ends and Eye Insurance Peace of Mind
for New Zealand Business.

Speaker 4 (18:35):
Twenty three away from five now. Murray Old's are Australia
correspondent Murray Good afternoon, Yeah, very good afternoon. So what's happening?
Have you got an exemption? Not got an exemption?

Speaker 3 (18:45):
Well, not sure, but as you heard President Trump pointing
out on that clip, Australia does have a fairly significant
relationship with the United States, to the extent that, yes,
there is a surplus that Australia that America enjoys with
the United States. With Australia, plus the fact you've got
Orcus in that mix. Of course, that's the deal in

(19:06):
which Australia has agreed to buy at the you know,
about half a trillion dollars over the life of this thing.
It's going to buy heaps and heaps of American nuclear
powered submarines. So to the extent that Donald Trump can
be you know, taking it as word, well, okay, there'll
be no exemptions, but he is considering it because mister

(19:29):
ALBINIZI a very fine man. As the said over here,
Peter Dutton, the Opposition has thrown it's full support behind
the government. Surprise surprise, because of course, don't matter what
happens to the next election. We need the United States
because the trade steel and aluminium worth it's a billion

(19:50):
dollar deal every year with the United States for Australia
one billion dollars. It's a lot of money. And the
American steel, of course is the Australian stee has been used,
presumably in some way to help build Australia's nuclear submarines.
So look, there's a fair way to go on this
deal yet, and we just have to have to see
which way the mop flops.

Speaker 4 (20:13):
Let's talk about the jury. It's out in the Sam
Kirk case currently deliberating.

Speaker 3 (20:17):
That's right, that's right, And to be honest, from this distance,
it's really hard to see which way they are going
to go. But from where I'm sitting, I would be
absolutely staggered if Sam Kerr doesn't get off. She's been
charged with what racially vilifying a white policeman. But he
wasn't racially upset and vilified. For eleven months after the

(20:39):
initial spray that he got from sam Kirk that night,
after she had vomited in the back of the cab
and came home absolutely drunk as a lad with a partner,
he took offense after the prosecution in London said there's
nothing to see here, move on, so he took offense.
Eleven months later. You know he's got and you'd have

(21:00):
to say, what was the big delay all about? If
he was upset, he should have been upset that night,
wouldn't you think he wasn't the one drunk? And you know,
as she in her own defense, Sam Kerr said she
was under the view that he was picking on her
because of the color of a skin. She's Anglo, a
dad's Indian heritage, bumbers of course Caucasian and she also

(21:23):
said that, you know, I mean he also said the
copper also said, Didney in evidence that he didn't know
who she was. But I mean, that's staggering. They're in London,
she is with Chelsea. It's one of the highest profile
football teams and she's one of the highest profile in
female footballers in England. It's inconceivable that the police officer
didn't know who she was. So if she's found guilty,

(21:46):
well I'll just be stick daggered, honestly.

Speaker 4 (21:48):
Murray, you've found an ossie angle on the super Bowl
for the first time ever and Aussie's won. Apparently that's right.

Speaker 3 (21:54):
But it's a beautiful, gorgeous story about a migrant about
a migrant family. I mean Simon and mum and dad.
They come to Sydney all those years ago, thirty odd
years ago and have a son amongst other many many children,
and the son is Jordan. Jordan my later, my laugh,
I beg your pardon. Anyway, he grows up, he is

(22:15):
this astonishing young man, athletic young fellow, and he wants
to have a career in rugby league. He is an
enormous schoolboy, one of those enormous Polynesian guys you see
running around football fields as a young man, and his
dream was to play for the South Sydney Rabbidos. But
they looked at him as he was getting older and said,

(22:35):
you know what, I'm not sure he's got the physique
that we need in modern rugby league. We're up the
ten back, the ten, up the ten back the ten.
They wouldn't. I mean, there was nothing wrong with his
strength in his hands, and you know, all the ability
that he had. They just didn't think he would cut
the mustard as a full on rugby league star. So
his management took him off to the United States and

(22:57):
twenty eighteen he signed the deal with the Philadelphia Eagles
and here he is now. He's on one hundred million
dollar bonus, if you don't mind, or a thirty million
dollar bonus on a one hundred million dollar three year deal.
And apparently Dwayne the Rock Johnson is the only smo
and athlete in the world who's got a bigger bank
balance than Jordan my Latter. He's apparently a gorgeous man.

(23:21):
He sang as with all his brothers and this is
mum and Dad in the local church choir at Bankstown
and Sydney. He appeared on some American TV show, the
Masked Voice, whatever it's called, and he is about one
thing his former rugby league coach, that he could have
been a rock and roll star if that's what he
wanted to be, such as the beauty of his voice.
I haven't heard him sing, but I saw him play yesterday.

(23:41):
And my god, don't run into Jordan my laty, you
end up in hospital.

Speaker 4 (23:45):
I suggest married nicely and thank you. I think it's
the Masked Singer the TV show you were clutching for.

Speaker 15 (23:51):
There.

Speaker 4 (23:52):
Murray Olds are Australia correspondent with us this afternoon, just
gone seventeen away from five Ryan Bridge, so we're talking
trade after five and you heard from Murray there that
obviously there's a huge trade surplus, as the American President
likes to put it, surplus. And I looked at our
numbers today. It's interesting because we were about the same

(24:12):
in terms of imports exports to the United States. This
is New Zealand's numbers up until around twenty nineteen, and
then their import's dropped a bit. It means that they
are a little bit out of whack, which I mean
our government is over there in Washington, d c. Selling
US as a trade neutral. You know, there's no nothing
to see here. You don't need to come after us,
Donald Trump, even though they have elevated in the last

(24:35):
couple of years to our second largest export market. So
it goes China, and it goes to the US, then
it goes Australia, then it goes Japan. Our exports are
worth fourteen and a half million dollars. We import eleven
point six million dollars worth of goods and services into
this country from the United States. That means there's a
surplus at our end of about three and a half
billion dollars, and that means that there's a deficit at

(24:59):
the are in of about three and a half billion dollars.
Though Tom McClay seems to think that's just fine and
we shouldn't be too worried about what the White House
might do next. We'll ask him about that after five.
Of course, just gone sixteen away from five. Lots been
going down in the house. Actually, lots of texts coming
in about Chloe and that comment about the school lunches. Ryan,
Did Chloe steal the school lunches that she brought into

(25:20):
the house today? Tut tut, naughty Green says, I doubt
she stole them. I don't know actually, but Barry Soperthia next,
we'll ask him.

Speaker 2 (25:27):
Politics was centric crey to check your customers and get payments.

Speaker 4 (25:31):
Certainty you're on news talks, there'd be thirteen minutes away
from five. Barry Soper, senior political correspondent with US lots
to talk about, Barry, Good.

Speaker 7 (25:37):
Afternoon, Good afternoon, Ryan.

Speaker 4 (25:39):
So we got the clash between Luxon and Hipkin's labor
clearly buoyed by these opinion polls out well, no doubt
about it.

Speaker 7 (25:45):
And of course it's come back today after a resear
so you always expected fully fiery parliament. After that, the
Speaker began the session by rebuking the act Leader, David
Seymour for that stunt he did yesterday trying to either
jeep up the or land rover up the front steps.
Of Parliament. Seymour turns out didn't have any permission from

(26:08):
the Speaker. He indicated he might have, but there was
no permission. As Jerry Browney said, there was no contact
between the Actor office and his office, so he drove
it up there. The Prime Minister, though, was he was
in the hot seat as well, with almost half the
questions today which is unusual, being aimed at him, with

(26:28):
Labour's Crusipkins being told by Lucks and he clearly doesn't
understand anything about economics.

Speaker 3 (26:34):
Here's that crash.

Speaker 16 (26:35):
That member is like the arsonists that lit the fire
and now criticizes the fire brigade for putting it out right,
it's all a bit a bit convenient just to forget
recent history.

Speaker 17 (26:46):
How will his government find the skilled workers needed for
major infrastructure projects when they finally work out what they
actually want to build, given that many of those thirteen
thousand skilled workers who lost their jobs have already left.

Speaker 16 (26:58):
The country, That left the country to go to sectors
that that member doesn't support. To think about mining in Australia,
for example, then we're going to build infrastructure, not just
talk about it, like Auckland light rail and harbor crossings.
And a bunch of other kombaiara mush from the muppets.

Speaker 17 (27:13):
On the other side, what's Nicola willis more likely to
replace this year the Enter Island fairies or him as
Prime Minister.

Speaker 16 (27:25):
Well, I'm incredibly proud of a great minister of finance.

Speaker 7 (27:29):
Let's hope he continues to be proud of a great
minister of finance. I think he certainly will this side.

Speaker 1 (27:35):
Of the next selection.

Speaker 4 (27:36):
All right, we've got to move on. Seymore in the
firing line over the polking Horn essay, yes he was.

Speaker 7 (27:41):
There was that rebuke over the landrover stunt. Then it
was on to the Philip Pokinghorn Polkinghorn thing. The question
really that many of us wanted answered, and we talked
about it yesterday was where the Polkinghorn was a donor
to Seemoa on the Act party. Well, the party leader
wrote the letter, but it was left answered that question

(28:01):
or was it?

Speaker 18 (28:02):
Have a listen?

Speaker 17 (28:03):
Has he asked David Seymour if he has ever received
political donations from Philip Polkinhorn?

Speaker 1 (28:08):
If not, why not?

Speaker 11 (28:09):
No?

Speaker 4 (28:09):
And I have nothing else to sell it.

Speaker 17 (28:12):
Given David Seymour has refused to answer publicly whether he
has received donations from Philip Polkinhorn, and the Prime Minister
is the only person who can judge whether there is
a conflict of interest.

Speaker 1 (28:23):
Why hasn't he asked him?

Speaker 16 (28:24):
Because the Minister was not a minister at the time
in which he sent the letter.

Speaker 19 (28:29):
Mister Speaker, it would be the easiest thing in the
world for me to just stand up and say that
there's been no such donation to me.

Speaker 1 (28:39):
But I'm not going to do that.

Speaker 4 (28:43):
Okay, well why not?

Speaker 7 (28:46):
We don't know, but you know, and I know you
want to hear from Chloe.

Speaker 4 (28:51):
Come on, well, the school unch debated did get.

Speaker 7 (28:55):
The airing in Parliament today the Green's leader, Chloe Swarbrick.
She turned up with packs for each of the three
coalition leaders, inviting them to taste what's being served up
to our kids. Now we know they've had teething problems
with Swarbrick, I think scored something of an own goal
when The Lunches author David Seymour rose to ask a

(29:15):
question when she was grilling the Prime Minister about the
lunches she brought along for them to taste.

Speaker 13 (29:21):
Is there one standard and acceptable food for parliamentarians and
another for our children.

Speaker 16 (29:28):
I'm more worried about which children are missing out on
those lunches that you have nicked them.

Speaker 19 (29:31):
From, missus s finger, Is the Prime Minister aware that
yesterday the school lunch program achieved one hundred percent on
time delivery in every region with two exceptions, where in
one case ninety five percent on time delivery was achieved
and in the other case ninety two percent on time

(29:54):
delivery was achieved.

Speaker 4 (29:56):
I wasn't, but that sounds fantastic.

Speaker 1 (30:00):
That wasn't the answer.

Speaker 7 (30:01):
I think that Chloe's for all we wanted to hear.

Speaker 4 (30:04):
No, it wasn't. I want to know whether Chloe Swarbrook
tasted the meals or.

Speaker 7 (30:08):
Not while they were sitting there tantalizingly on her desk
in front of her. I'm not sure. I would suggest
that if the Prime Minister was feeling a bit hungry,
should have nipped over and stuck one on the microwave.

Speaker 4 (30:20):
Absolutely, why not? They looked. They looked fine to me,
very neat that you thank you very much for that.
Barry Soper, our senior political correspondent here at News Talk,
sai'd be just a text from lynd says David seam
was starting to make a bit of an ass of himself.
And there's a few that pop in like that and
have been popping in over the last couple of days.
I've got more to say on David Seymour and on

(30:41):
Winston Peters as the minnows in this coalition that's coming
up after just before five point thirty this evening, now
eight to five, and the Trade Minister after the news.

Speaker 2 (30:52):
Putting the time questions to the newspeakers, the Mike asking breakfast.

Speaker 4 (30:56):
My Minister Christopher Lexon is with us. I suggested to
you last week you might be on the gun of runway.
We had Rod Duke of Brisco's on the program the
other day. Here's what he said, and I.

Speaker 1 (31:04):
Think they will be marked seriously if we don't see
some serious initiatives.

Speaker 3 (31:09):
Is he right?

Speaker 14 (31:10):
He's going on?

Speaker 16 (31:10):
We need to get this economy moving. We've had some
long standing problems for thirty years about economic productivity and
that's what you're saying. We've got to invest summit coming
up a fast track hit last Friday. We've got trade deals,
investment treaty deals that we just did in the UAE.
We've got a rolling thunder of constant announcements to remove Bark.

Speaker 4 (31:29):
We've got a rolling thunder back tomorrow at six am
the Mike Hosking Breakfast with the Raindrover, the last News
Talk ZB four to five on News Talk ZB. SO
a bunch of executive orders that Trump signed in the
Oval Office today. Obviously we'll be talking about the tariffs,
the most important ones, but among them the paper straw
plastic straw. Yes, he signed a plastic straw decree from

(31:54):
the Oval Office today, So he's signed an executive order.
It's aimed at encouraging the government, US government consumers to
purchase plastic drinking straws.

Speaker 20 (32:03):
Once again, this is an executive order relating to the
use of paper straws.

Speaker 16 (32:07):
As you've consistently identified, nobody really likes paper straw.

Speaker 1 (32:11):
Number one trending.

Speaker 9 (32:12):
We're going back to plastic straws. These things don't work.
I've had them many times and on occasion they break,
they explode if something's hot. They don't last very long,
like a matter of minutes, sometimes a matter of seconds.
It's a ridiculous situation. So we're going back to plastic straws.
I think it's okay.

Speaker 8 (32:36):
There.

Speaker 4 (32:36):
You go play SX straws back and I have to
say that the paper ones have gotten better over time,
they're not as bad as they used to be. But
the paper forks, now you just never convinced me on that.

Speaker 21 (32:47):
I mean, the one you always want the politicians to
do is to make a law that the chips have
to fill up the whole bag. And you don't have
a bag that's like mostly air. So maybe Trump is
the president who actually do something about that.

Speaker 4 (32:57):
You've just nailed the next executive order, Chips. It is
three to five News Talk zb KO after the news.

Speaker 2 (33:21):
Questions, answers, facts, analysis, the drive show you trust for
the full picture. Brian Bridge On, Heather Duplice Allen Drive
with One New Zealand Let's get connected news talks be
good Evening.

Speaker 4 (33:35):
It's seven after five Caying of Order cracking down on
tenants who aren't paying their rent, but also at the
same time going to wipe about half of the debt
they currently owed and rent arears. The State Housing Agency
will start evicting tenants have more than twelve weeks rent
outstanding and aren't making an effort to repay their debt
or keeping in contact with the agency. Matt Crockett is

(33:56):
coming of Order's chief executive. He's with me this evening.
Good evening, Good evening, Ryan, How are you good? Thank you.
We'll start with the wiping of the renter reors. First,
Why are you wiping basically eight million dollars in rent hode.

Speaker 1 (34:09):
Yeah.

Speaker 11 (34:09):
What we want to do here is incentivize our customers
to get onto a repayment plan. And for many of
the customers that have like long, we have about two
thousand customers who have more than twelve weeks, it just
becomes too daunting to even deal with it, and it's
a disincentive to engage. So this is about incentivizing them
to engage and lowering the debt to a level they

(34:30):
can actually repay you realistically.

Speaker 4 (34:31):
But aren't you incentivizing them by wiping the debt for
anything that's more than twelve weeks? Incentivizing them to get
to more than twelve weeks so it gets wiped again.

Speaker 11 (34:40):
No, because with the go forward policy, and we're not
going to allow anyone to go beyond twelve weeks, and
we're going to intervene and manage it more closely earlier
so that we never have customers who get more than
twelve weeks. So this is about cleaning up the situation
we've got at the moment and resetting to move forward
with a more pragmatic approach.

Speaker 4 (34:59):
So anyone who gets to twelve weeks and they haven't
paid their rent for twelve weeks, you'll start the eviction process.

Speaker 11 (35:09):
Yeah, and will it be engaging with them earlier than that.
So obviously when someone misses their rent payment, will be
discussing why. And as long as they're engaging and moving
towards a repayment plan, that's fine. But if they're not
engaging or they're not forming a repayment plan, then we
will actually issue a Section fifty six notice and eventually
take it to the residential Tribunal to actually have the

(35:30):
tendency terminated. We want to avoid that and will wherever
we can, but our tenants have to come to the
party and pay their rent.

Speaker 4 (35:35):
Right, So that process only starts after twelve weeks or
are you saying that process could start after a couple
of weeks of missed rent.

Speaker 11 (35:43):
Yeah, it will start earlier so that by the time
a tenancy is terminated there won't be more than twelve weeks.
We'll do everything we can to avoid getting to that point,
but we will not allow the tendency to go beyond
that point.

Speaker 4 (35:53):
Was the sustaining tenancies policy of the previous government, as
ridiculous as it seems in the press release that you've
put out today. You know, you went from about three
million dollars in rent areas to twenty million dollars by
the beginning of last year. This is from twenty nineteen
to the beginning of last year. Part of the problem,
you said is sustaining tenancies. In other words, you weren't

(36:17):
kicking enough people out, You weren't being hard enough on this.

Speaker 11 (36:21):
Yeah. Well, I think we have to remember that during
that period we had the COVID pandemic, we had the
cost of living that came after that, and as part
of that there was the policy of the day was
the sustaining tenancies.

Speaker 12 (36:33):
And you know, in.

Speaker 11 (36:34):
Hindsight, those boundaries not being clear have led to that
growing and this has been a consequence of that. And
we're now dealing to that and just coming up with
a clearer, go forward set of policies that everyone can
manage to, including our tenants.

Speaker 4 (36:47):
Matt, thank you for that. Matt Crockett, Chief Executive at
Coming or Order. It's ten up to five. Ryan bridge
nsaid Rugby's launched legal action against its major sponsor Inios
for breaching its six year sponsorship contract. Indeed, Rugby says
Inios failed to pay the first installment of this year's
fee and that this shows it's exiting its agreement three

(37:08):
years early. So it's not like it's been a cup,
you know. It's not like it's been five years and
they're getting out just before six The deal reportedly worth
eight million dollars a year. Insed asks its financial position
is strong. It started looking for a replacement sponsor for me.
Inded Rugby CEO David moffitters with me. Good evening, David, Okay, Ryan.

Speaker 3 (37:27):
How are you Gray?

Speaker 4 (37:28):
You're really good? Thank you. Why are they pulling out
of this?

Speaker 18 (37:33):
Well, I don't think anybody knows at the moment, and
if it ever gets to court, I'm sure we'll find
out the reasons behind it. It's it's a big step
to take for a sport to sue it's a major sponsor,
But on the face of it, I don't see where
they've had any other option to do that. If after

(37:57):
I believe eight months of discussions, they haven't or to
reach an agreement that's so, he said. In a situation
like this, the only people that are going to win
all lawyers. Uh, and you know they will be damaged
onto both brands. But hopefully the New Zealand Rugby have
got some really really strong legal advice which puts them

(38:20):
on strong grounds so that they're able to recover what
is rightfully there.

Speaker 4 (38:27):
The other thing they need is a strong balance sheet
in the meantime.

Speaker 18 (38:29):
Right Well, I think the inescapable fact is that the
that Ineos and the owner of Anios are reasonably wealthy
and so therefore they won't have taken this action lightly
and they will have looked at all of the options,

(38:50):
including the cost of legal fees. But all of these
things gets settled. But you know, on the steps of
the courthouse the saying goes. And one would hope that
this will be the case because I think the New
Zealand Rugby are facing some financial headwinds. You know, I'm

(39:12):
not quite sure what's going to happen with the new
deal on with Sky and also you know, losing a
sponsorship like this, but they should be able to replace it.

Speaker 4 (39:25):
Well, they say that they're looking. How hard is that
to do, especially when it's you know, it's something that
has to be done in relatively short order. How hard
will it be for them to find the replacement sponsor
and to that level of money as well cash?

Speaker 18 (39:39):
Yeah, I guess the first thing they've had to do
is to actually cancel the sponsorship for non performance, so
that gives them the right to negotiate with other parties.
That would be the thing.

Speaker 4 (39:52):
Other than that.

Speaker 18 (39:53):
You know, if they have been negotiating to try and
stave off this, then something might be be done. But
you know, what I believe is happening is that it's
actually the New Zealand corporate sponsorship are part of the
business which is involving silver Lake, which is actually going

(40:16):
to be taking the court action rather than New Zealand
Rugby because as you know, silver Lake, they've formed a
separate organization and that organization is responsible for getting new
sponsorships and servicing those sponsorships. So it'll be interesting to
see what you know, I mean, silver Lake said that
they were going to get a hundred million new fans

(40:39):
and they were going to you know, they were the
best people placed to actually build the sponsorships and retain them.
So it'll be interesting to see why they haven't been
able to with all of their supposed connections, why they
haven't been able to get this resolved before it gets
into the public domain.

Speaker 4 (41:01):
Yeah, it's a really good point, David one. I'm sure
that they're pondering right now. We really appreciate your time.
David Moffatt, former ends in Rugby CEO with us here
on news talks there'd be just gone fourteen minutes after
five are loads of you have views on this, not
just the ABS but also coying or Order. Will get
to those next plus Cameron Bagriy on whether we need
to means test super that's next five seventeen. On news talks,

(41:24):
there be lots of people upset with the way that
the Caring or Order boss was labeling those people who
aren't paying their rent. He was calling them customers. Ryan says,
Paul would pack and save, call shoplifters customers. Why does
the KO called non payers customers as well?

Speaker 1 (41:40):
I don't know.

Speaker 4 (41:41):
I think that's about harsh. I mean, obviously there are
some people who, because of conditions outside of their control,
have to go into arrears. I guess that the main
thing for Coying Ordering the message they were trying to
get across is you have to actually talk to them
about it, otherwise they'll start cracking down and cracking down hard.
Eighteen minutes after five. So the Finance Minister Nichola Willis

(42:03):
was on this program last night and she says she
would like to have a discussion about how we're going
to pay for our superannuation in the future. But she
quick to point out National hasn't got a position on
this at the moment. Treasury has raised concerns about the
increasingly large bill for New Zealand Super and the Independent
economist Cameron Baggery is with me to discuss Cameron, good afternoon.

Speaker 22 (42:27):
Good afternoon, right, good to see you, Good to talk
to you.

Speaker 4 (42:29):
It's been a while. How urgent is this discussion around
the future of MS Super.

Speaker 22 (42:35):
Well, I guess the longer we keep kicking the ken
down the road, the bigger the economic adjustment or the
shock we're going to face down the track in regard
to the tough choices we're.

Speaker 1 (42:46):
Going to make.

Speaker 22 (42:47):
You know, we should have been biting into this in
the nineteen nineties, but what we keep on doing, Ryan
is that no one's got I guess what you call
the guts to make a bit of a stand. But
if you look at all the numbers on superannuation in
combination with the fiscal cost of an aging population, which
healthcare costs, is clearly not sustainable for the next sort

(43:08):
of forty years. Treasury data statement on the long term
fiscal position, they've been saying for a long time, government
debt on a status quo is going to end up
towards two hundred percent of GDP. Despite those warnings, we're
still not prepared to buy the bullet and put some
alternative options on the table because the status quo the
numbers don't stack up.

Speaker 4 (43:25):
It's allectually obviously very unpopular thing to do. But as
a as a relatively younger person, I don't expect that
by the time I get there that I'm going to
be getting this super that my parents are going to
be getting, or that my grandma is getting. Right now.
Is what is better? I mean, you've argued for means testing,
is that better than increasing the age?

Speaker 22 (43:45):
Well, I think we're going to need a combination of policies.
Increasing the age makes an awful lot of sense because
we're living longer. When you see on separation first come
in in the nineteen fifty. Here, the everage age life
can see for a male was sixty seven and for
a female was seventy one, and now it's an excess
of eighty for both. So you're spending the bigger chunk

(44:08):
of your life over the age of sixty five, which
just puts more pressure on the public person. You know,
I think New zeal superannuation should be leaked to life expectancy,
and life expectancy to be fair, is different across different
ickness groups. So you're not just going to have a
female and a male band. But I don't think that
that in itself is going to be sufficient.

Speaker 8 (44:27):
You know.

Speaker 22 (44:28):
I view the wealthy state is there for the needy.
That's where it needs to get prioritized. Yeah, we've got
now more than fifty percent of all wealthy is spending.
It's going towards New Zealand superannuation. And some people need
that money. But there's a chunk of society that I
don't think need that money, and they're double dipping. And
I know that they used the argument that I've paid
my taxes all my life. Well sorry, We're going to

(44:50):
face some tough choices going forward, because if we expect
the state is quite to work, then someone's going to
have to pay on the other side. And the issue
is who's going to pay on the other side.

Speaker 4 (45:00):
Cameron Bager Independent economists from Bagriy Economics just gone on
twenty one minutes after five. This is what Nicola Willis
had to say on the show last night.

Speaker 9 (45:07):
But you did ultimately have a brass reduction because they're
going to make their steel here.

Speaker 4 (45:10):
This is not going to be It certainly doesn't sound
like Nichola.

Speaker 23 (45:12):
Willis to me, I'm a mother of four kids and
I want to be honest and look them in the eye,
and you know, I want to be able to say
that we're going to keep New Zealand superannuation sustainable into
the future. It seems to me that there will come
another time for a conversation about the age of eligibility.
But as I say, we don't have a national party

(45:33):
position on that right now.

Speaker 4 (45:34):
And for anyone listening who was listening to Cameron and
freaking out thinking, you know, if you're fifty or fifty
five and oh my goodness, I'm ten years away, I'm
fifteen years away from superannuation. Nothing. No government would be
dumb enough to make a change that would affect you.
It's going to affect people who are let's say, in
their forties right now, in their thirties right now, who
aren't expecting that they will get all in sundry by

(45:57):
the time they hit sixty five or sixty seven or seventy,
whatever the hell it is, by the time we actually
get there. Twenty two minutes after five Newstalks dB.

Speaker 2 (46:06):
After making the news, the newsmakers talk to Ryan First.
He's Ryan Bridge on Heather Duplicy Ellen drive with one
New Zealand Let's get connected News.

Speaker 4 (46:17):
Talks, edb five twenty five. If we're wondering why our
politicians keep doing weird, stunty stuff, we need look no
further than the system that we use to elect them.
First week back in the House for twenty twenty five,
it was the Mexican standoff. Remember that the shouting at
foreign born MPs in the House. The whole fiasco from
New Zealand first dragged out for more than a week.

(46:39):
This week it's axe turn. David Seymour wants some spotlight,
so he's driven a land driver up the steps of Parliament.
Make no mistake, these are intentional publicity stunts from our
two minor government partners. They're designed to keep the names
of their leaders in the headlines. Disappear from public and
you might just disappear from parliament. Just ask Winston after

(47:01):
one term with Helen five to eight, and again we
just send it from seventeen to twenty. That is the
problem with our political system. We don't tend to reward
ministers for being just good ministers, do we We reward
them for being good campaigners. We use the Winstons of
the world as either handbrakes or training wheels for bigger parties.

(47:23):
But once we're done with them, the five percent threshold
can crush them into irrelevance like Judith Collins would a
Sabaru WRX. So we shouldn't be surprised that our minor
parties act out in the way that they do. They're
just reminding us that they're there, and in eighteen months
time they'll need your vote again, Thank you very much.

(47:45):
Cry and Bridge twenty six minutes after five. Now, I
was chatting about real estate agents yesterday afternoon, and boy
did we get a lot of feedback about that. So
apparently some people found it a bit offensive, and I
just wanted to clarify. I just wanted to make sure
that you know that it was just ingest I was
only having a laugh might have come across a bit

(48:06):
harsh for some. The point I was really trying to
make is that the bits we don't like about real
estate agents when buying a house are the same bits
that we actually really love about them when we're selling
a house. So really it is us. It's our human
nature that's really the problem when it comes to that issue.

(48:27):
Twenty seven minutes after five Huddle is next after News.

Speaker 2 (48:39):
Everybody moving the big stories of the day orward it's
Ryan Bridge on, Heather Duper see Ellen Drive with one.

Speaker 1 (48:49):
New Zealand let's get connected news talks.

Speaker 12 (48:52):
That'd be.

Speaker 4 (49:05):
Good evening. It is twenty five away from six year
on news Talk said, be some good business news coming.
We haven't had a lot of this lately, have we.
So we've got some really good business news coming your
way after six o'clock. This is to do with the
Malari and Z mill. This is in Tartarfati. It is reopening.
It's coming back under new Ossie ownership. So we'll explain
all the details on that after six o'clock. But it

(49:27):
is some good news. It does mean that there is
a mill opening rather than closing in New Zealand, and
it does mean that there are jobs being created to
twenty four minutes away from six bread Rich. Let's talk
about how Trump's new tariffs are going to affect us
here down under. And as we've been talking about, he's
putting a blanket twenty five percent tariff on all steel

(49:47):
and aluminium entering the United States. New Zealand exported about
seventy million dollars worth of aluminium and eighty eight million
dollars worth of iron and steel to the States in
twenty twenty three. President says the new tara will be
a good thing for American consumers.

Speaker 9 (50:03):
You're going to ultimately have a price reduction because they're
going to make this steal here. There's not going to
be any tariff. These foreign companies will move to the
United States, will make this steal and aluminum in the
United States an ultimately little bit cheaper. But we'll also
have jobs, many many more.

Speaker 4 (50:18):
Jobs, publicized Trade and Investment ministries with US now, Minister
good evening.

Speaker 1 (50:24):
Ryan, good evening.

Speaker 4 (50:25):
So how bad is this for US?

Speaker 24 (50:28):
Well, it's not at all surprising, and I think I
probably said that when I was on the show last week,
and the reason for that is when President Trump came
to Offers last time, he focused on stealing al aluminium
and they have particular concerns around the so called steel
about there where they have a lot of manufacturing and
they are viewing this unfair competition. So for New Zealand exporters,

(50:49):
we will face about an extra five million dollars of
tariffs plus or minus. That's on about one hundred and
fifty million dollars total of exports. So it's not significant,
particularly compared to the amount of beef and wine and
other things we sell to them. But we are going
to take a little bit of time to have a
good look that fully understand it, and then I'll get

(51:09):
a bit of advice on whether we should approach the
US to seek an exemption, as I see some other countries,
including Australia, are considering doing it.

Speaker 4 (51:18):
You haven't done that already, Well, we haven't.

Speaker 24 (51:20):
No, we haven't because the announcement is well, because the
announcement has just come out there doing.

Speaker 4 (51:25):
It and they had a cool Albanez he had a
call with Trump ahead of the announcement.

Speaker 24 (51:33):
Yeah, So I think if you look at the amount
of steel that the Australians sell to the US, can
you compare to us. It's a much larger and more
significant part of their trade. So it's not that we're
going slow.

Speaker 1 (51:45):
It's just that.

Speaker 24 (51:46):
We're talking about five million dollars worth of tariffs, and
actually I want to have a really good understanding of
that compared to the many other things we sell them before.

Speaker 4 (51:55):
I understand that it did come on the program. The
first thing you said was it was not surprising that
it was coming, and you said last time it was coming,
I just assumed you would have done some work in
the meantime. Do you know what implications it might have
for t WY point.

Speaker 24 (52:08):
Well, actually we have done a lot of work as
opposed to not doing any in the meantime.

Speaker 1 (52:12):
We've done a lot of work on us.

Speaker 24 (52:13):
But I'm saying to you it's five million dollars worth
of additional tariffs compared to you know, the billions of
dollars we're selling the mouseware. So we need to one,
you know, take that into account. And then secondly, what
we also need to do is, you know, look at
the overall approach. You asked about ty points. It is
going to have some effect upon them. Although very interestingly,
when President Trump pulled tariffs on aluminium last time, there

(52:37):
was a lot of conversation, particularly with the company that
owns that with the US because of the quality of
the aluminum.

Speaker 1 (52:44):
It's very high quality.

Speaker 24 (52:45):
They don't get it from any other places, and so
one of the things we need to do is talk
to the owners of that company about exactly their approach
to this to make sure that we're not jumping ahead.

Speaker 4 (52:53):
But yeah, it's hi. It's high quality aluminium, and it's
often used for the defense industry, for which there are
a few other supplies. So that's why they were given
an exemption last time. But you're saying you haven't even
spoken to t y point yet.

Speaker 24 (53:05):
I know what I'm saying to. What I'm saying to
is the announcement was a few hours ago.

Speaker 4 (53:10):
And we're talking it was coming, remember, minister, and we're.

Speaker 24 (53:13):
Talking about five million dollars of additional tariffs to give
you an example, to give you an example of that,
you know, by comparison to the amount of alum milliner
we sell them, we sell them one hundred and twenty
million dollars worth of pet food up there, so let's
keep it in context. Yes, there will be a cost
to New Zealand as a result of this, but it
is not significant in companion and comparison to the many

(53:34):
other things that we sell them. So we haven't had
an opportunity to talk to the US yet because it's
just been announced. We will take a little bit of
time to consider the impact upon us and actually exactly
what we right to talk to the US about for
that company.

Speaker 4 (53:46):
Absolutely, I'm sure, I'm sure it is a significant number
for the likes of t why point it's really targeted
at subsidies for steel in China? Does China dump steal?

Speaker 24 (53:57):
I don't have a view of what they do in
the US market. What about how much Dallen they doated
zenn Al though they having investigations in the past in
that area and the Commerce ministery responsible that has provide
information to successive governments.

Speaker 1 (54:10):
That that is not the case.

Speaker 24 (54:12):
But we do have the ability to look at that
where you know players in our market. I think there's
harms being done. I just want to come back to
your point. You said you think that that is significant
for a t y point, you know, five million dollars
is important to any company, but the amount that they
export all over the world by comparison to five million
dollars in additional tariffs is something we want to have
a better understanding of with them.

Speaker 4 (54:32):
Tom McClay really appreciate your time. Trade and Investment Minister.
Just gone nineteen minutes away from.

Speaker 2 (54:37):
Six the huddle with New Zealand southerba's international realty, local
and global exposure like no other.

Speaker 4 (54:43):
On the hudd of the South Tonoon Auckland Council of
Richard Hill's good after, We've good evening actually at this point,
how are you good? Thank you? And Jordan Williams is
with us the Taxpayers Union.

Speaker 1 (54:52):
Hi, Jordan, good a.

Speaker 4 (54:54):
Gents, great to have you both here. We'll start with
coming orders. So they're going to start evicting tenants, you know,
sooner rather than later, well or not at all, as
the case was for unpaid rent Jordan A. Were you
surprised at just how much that rent arear's bill had
gotten had crept up to during COVID.

Speaker 25 (55:14):
Yeah, it is sad too that you've got beneficiaries with
lumped with huge debts at frankly, they'll never be able
to pay I think it's quite in Richard's views on this,
because Yep, there's a bit of stick that you know,
we're going to start kicking people out of god forbid,
they don't pay their rent. But on the other hand,
as long as you do and you stick to repayment plans,

(55:36):
they're also going to help in wiping some of these
unrealistic amounts.

Speaker 4 (55:41):
Yeah, it seems like a pretty even handed approach Richard.

Speaker 26 (55:44):
Yeah, absolutely. I mean the carrot approach of paying off
some of the debt. That'll take a lot of stress
off people. But I do worry about the kicking people out.
Think it's much like the emergency accommodation numbers. I think
in Auckland a year or two ago we're up about
eight hundred hour down to thirty nine. And I think
a lot of local residents know there's a lot more
homeless people on the streets and people not accessing houses.

(56:06):
So simply kicking people out of caying order homes during
very high unemployment benefits being cut, it doesn't really.

Speaker 25 (56:14):
Make sense benefits are being cut.

Speaker 4 (56:16):
Don't be silly, well, benefits.

Speaker 26 (56:17):
Are being cut.

Speaker 4 (56:18):
We have high traffic system which has takes your wild
to get on it.

Speaker 1 (56:22):
That's quite different.

Speaker 4 (56:23):
But it's interesting what you've said, because I have actually
sort of noticed this a little bit, but that's so anecdotal.
Do we actually have numbers on whether we have more
people living rough on the street right now than we did,
you know, a year ago.

Speaker 26 (56:36):
So the data is very difficult to show. But you
will see around our communities that there's clearly as a need,
and our community housing providers tell us that they do
not have proof that people are moving from emergency housing
or be kicked out of climing order homes and going
somewhere else. So there is a big issue out there
from the people working at the Cultut Jordan.

Speaker 4 (56:54):
Clearly we went too far the other way under the
last lot, right because we had we went from three
point four million dollars in twenty nineteen in rent areas
to twenty one million dollars at the beginning of last year.
And we just weren't evicting people well, let alone for
threatening their neighbors, but you know, for failing to behave
rent as well. Yeah, I mean it very clearly.

Speaker 25 (57:16):
The government also wants to seend a message. You know,
there's a new sheriff in town. You look at the
how difficult it was to get evicted for antisocial behavior,
and the stories we had through the media about neighbors
pulling your hair out, that you only need to make
an example of a few and it changes behavior.

Speaker 4 (57:31):
I just want to push back up.

Speaker 25 (57:32):
Look, Richard, you'll be far more familiar with the with
the information coming from social agencies. But there was a
some data out from the government a few weeks ago
suggesting that the number of people applying for emergency housing
was also down significantly. So I would have thought that's
a reasonable indication that, you know, if you're homeless, presumably

(57:55):
you're at least going to show up on those application figures.

Speaker 26 (57:58):
It does depend on how they're getting access to applying.
I mean, if it just doesn't make sense to me
that unemployment is the highest or the biggest jump of
fifteen years, as high as it was during COVID. You've
got people coming off emergency housing, but there's suddenly this
gap and it's all fine. So I think that it's
really difficult data to have. And I'm not saying there

(58:19):
shouldn't be a contract with these people. You know, you
need to pay something, you need to do something. But
I do worry about this whole hard and fast. I
will just move people on. It'll be fine because we're
seeing those social issues on the street and not a
lot of new fundings.

Speaker 25 (58:35):
Sometimes that, for lack of a bit of term, the
tough love actually results in better outcomes. I mean, you
know these remember these are by definition income.

Speaker 3 (58:47):
Tied related rent.

Speaker 25 (58:49):
You know, it's only you only twenty percent of what
your income is. It's not an unreasonable expectation to say,
you know what, you actually have to pay this amount
or we're going to kick you out. This isn't sort
of this is on the scale of tough love.

Speaker 4 (59:02):
It ain't that tough and that is now the clear expectation. Jordan,
thank you for that. Jordan Williams Taxpayer and Richard Hill's
organ councilor back in just a moment, we're going to
talk about Chloe and her lunch boxes.

Speaker 2 (59:13):
Next the huddle with New Zealand Sotheby's International Realty Gallivate
the marketing of your Home twelve.

Speaker 4 (59:21):
Away from six News Talks, there'll be Richard Hill's Auckland
Counselor and Jordan Williams Taxpayer's Union on the huddle this evening.
Chloe Swarbrook in the house this afternoon, brought in with
her three examples of school lunches, which hadn't been echen.
I don't think she'd tried them either, but just by
looking at them. But anyway, she was trying to convince
the Prime Minister. She brought one for each Luxeon, Seymour

(59:44):
and Peters tried to get them to have a little
bite and here was Luxeon's response, I'm more.

Speaker 16 (59:51):
Worried about which children are missing out on those lunches.

Speaker 4 (59:53):
Aren't you nicked them from? So anyway, she's trying to
get them to have a habit taste. People are now
asking did you you steal them? You know where they
come from. In my mind, Richard, if you are hungry,
then you will you know, you'll eat the food. And
if you're not hungry, then you shouldn't be getting a
school lunch.

Speaker 26 (01:00:12):
Yeah, I mean, there's a good point out there, I
think trying to get Luxeon and Seymour. Although we'll say
Chloe seems to have brought luxem and Seymour back together.
You know, for the first time in a week or
two they've been brawling and fighting and now they have
something to agree on. But I mean those first images
of those lunches compared to what was being sent out before, sandwiches,
fruit like things that kids look like they wanted to eat,

(01:00:34):
to the kind of sloppy nature of and you're probably
just being sent the worst images of course, and of
course the late ones, but trying to get the Prime
Minister to eat them. I don't know if that was
the biggest need during the debate, but I think it
is worthy of saying, if you are providing these lunches,
could they not have been done in the local way.
They had a lot of other benefits, not just chucking

(01:00:55):
the lunch across the table out of the van.

Speaker 1 (01:00:57):
Yep.

Speaker 4 (01:00:57):
Well, I don't know if they've chucked them out of
a van like minispaper when they were three hours late
the last week. I don't know if that's accurate, but
there are one hundred million dollars cheaper, right Jordan.

Speaker 25 (01:01:09):
Yeah, getting horrible flashbacks to boarding school and the lunch
as we get at the hero rhythmonder Son. I mean, look, clearly,
I'm not someone to complain about stunts at Parliament. I've
just picked up picked up the taxedo for the Jonesy
Awards tomorrow. It's a pretty good one for the Greens,
but I've really got a question. The Greens and Labor

(01:01:31):
have been putting out emails to their supporters saying, send
us pictures of heads disgusting lunch. Well, as I say,
I mean, anyone who went to boarding school knows this's
you know, most are.

Speaker 1 (01:01:42):
But secondly, let's just step back.

Speaker 4 (01:01:45):
Yeah, this brew haha.

Speaker 25 (01:01:46):
Over social media from the Labor and the Greens are
stirring up from parents saying that you know Johnny had
a YACKI lunch. Well, hang on, your job is to
send your kids to school with lunch. The text player
is fronting up because you're you're not doing that, You're
not frankly doing your job as a parent.

Speaker 1 (01:02:07):
And then you've got political leaders saying it's not good enough.
It seemed to tell me, you know how poor you
know poor you.

Speaker 25 (01:02:16):
Uh, you know David Seymour has trying to save some
money and it's a bit yuck.

Speaker 4 (01:02:20):
Well, I'm sorry, but do your job. I agree with you,
I agree with you, And yeah it does feel like.

Speaker 26 (01:02:27):
A little bit like designed to be honest, like you know,
all these ungrateful kids now saying that don't want to
eat this.

Speaker 1 (01:02:32):
No, no, no, no, no, it's I don't care about
the kids. The kids complain.

Speaker 25 (01:02:37):
You know, we used to complain about well, no, we
used to complain about fish Fridays at school.

Speaker 1 (01:02:40):
It was disgusting.

Speaker 25 (01:02:41):
But it's the parents sort of an entitlement that annoys me,
and the encouragement of it that this is the way
that the labor and the greens are gonna This is
when new.

Speaker 26 (01:02:52):
Scan Obviously the government kept it because I think there
is some value in it and all the studies before
and overseas where a lot of countries do all the
kids get lunch in schools that they learn better, they
stay in school, they were likely to turn up to school.

Speaker 4 (01:03:05):
Yeah, but this idea we agree with. But the idea
that they're so starving that they can't learn is absolute
b Yes, if they're turning their noses up at the food,
do you know what I mean? I mean, they can't
be that hungry if they don't like the food anyway.
Marha Drysdale, do you think, Richard, are you offended? I mean,
obviously we're not in Totong, so we can't speak on

(01:03:27):
behalf of the good people of Totong, But do you
think it would be outrageous for Amir to live and
continue to live outside of the city. Look the two things.

Speaker 26 (01:03:35):
One, I think if it's two with schooling of different
things than you know, family and politics aside. But if
you do look back at the conversations he had with
the public, he promised he would move in. I think
he's the only mayor in the whole of the country
that doesn't live within his council ward and he doesn't
seem to have an exact plan of when that's going
to be. And I think most people probably expect that

(01:03:56):
he would move in by now. So I think the
issue was the promise. And the other thing is you
don't have to stand for mayor in a city you
don't live in, so it is his exact.

Speaker 4 (01:04:03):
Choice to stand.

Speaker 26 (01:04:04):
So yep, obviously difficult if you can't find a place
for the kids, et cetera. But you didn't have to stand,
you didn't have to promise you'd move in, and both
of those things he's failing on right now.

Speaker 1 (01:04:14):
Jordan, Yeah, what a churncoat.

Speaker 25 (01:04:17):
You know, I don't care where as long as I'm mayor,
I'm going to stand for this buy election because you know,
I can't figure out what else to do. Yeah, of course,
of course I'll move my family there and then not
Look if if Richard can live on the shore and
make the sacrifice of facing those super city rents for
the sake of being an Auckland counselor Marhie Drysdale, can

(01:04:38):
you know like and actually moved to Tarong. Sorry, sorry,
so again.

Speaker 26 (01:04:43):
I've got a very good bus service from the shore,
so it has its perks.

Speaker 4 (01:04:46):
You know, hey, what's happening while you hear Richard? What's
happening with Wayne and I've just forgotten her name? Gucci sunglasses, Gucci, Disney, Gucci?
What's happening with them?

Speaker 20 (01:04:57):
Do you know?

Speaker 26 (01:04:58):
All just mom and dad back friends. There's no issues there,
They're all everywhere.

Speaker 1 (01:05:03):
How do you have it?

Speaker 25 (01:05:04):
How do you have a situation where the deputy mayor
hasn't said publicly, she's not standing against the mayor and
she remains deputy like it's a bizarre situation.

Speaker 4 (01:05:16):
It's a bit odd, it's a bit odd, but they're
back friends. That's the main thing.

Speaker 26 (01:05:19):
I doing my job for the people of the shore
and support all my colors.

Speaker 4 (01:05:23):
We have to leave it there. Richard Hill's Jordan Williams
on the Huddle News Talks eb It's the.

Speaker 2 (01:05:28):
Heather Duplessy Allen Drive Full Show podcast on my ard
Radio powered by News Talks.

Speaker 4 (01:05:34):
EBB, four minutes away from six News Talks. There've been
lots of text on the lunches, This one from a teacher,
Ryan and man, they came and heat proof black containers.
This is the school lunches and they actually taste Okay,
I've tried them. All of my class of eight special
needs kids ate them today. Chicken curry with rice with

(01:05:54):
a small packet of taco chips to boot. So I
haven't heard of the taco chips before. It's an upgrade,
isn't it. Lots more where that came from. Also, great
news about a middle opening and tight after the GIBSBM.
We'll bring you that after the news.

Speaker 12 (01:06:14):
Day.

Speaker 4 (01:06:16):
Oh aren't you?

Speaker 22 (01:06:17):
I need you?

Speaker 17 (01:06:18):
Olga uh.

Speaker 1 (01:06:21):
Need These beautiful days? Are Quod's up? What's down?

Speaker 2 (01:06:28):
One with a major calls? And how will it affect
the economy? The big business questions on the Business Hour
with Ryan Bridge and Mass Insurance and investments, Grow your wealth,
Protect your future?

Speaker 1 (01:06:42):
News talks that be good evening.

Speaker 4 (01:06:44):
It is six oh seven. Great to have your company
brad Olsen coming to us before the news at six
point thirty on the west Pack forecast, farmgate milk price.
The dairy farmers will be very happy. Jamie McKay is
at Parliament why we'll find out also, so we're going
to talk to in the Brady out of the UK
and find out how much tax after six thirty. Netflix

(01:07:05):
is really playing in New Zealand right now. Some good
business news for a change. New owners will reopen tight
after his sawmill. This means investment, this means jobs. This
is great stuff. The mill ran for thirty years before
closing in twenty twenty three, but is now being acquired
by Malari, which is an Australian outfit. Before its closure,

(01:07:26):
Shane Wilson worked at the mill for twenty three years.
He will return as general manager and he's with me
this evening. Hi, Shane, Hey, you rong? How are you feeling?

Speaker 15 (01:07:35):
I'm excited excited on en.

Speaker 4 (01:07:40):
What is the plan? What have you been told so
far about when and how this will happen.

Speaker 15 (01:07:45):
So currently we're in the settlement stage of the process.

Speaker 18 (01:07:51):
Hopefully you get the.

Speaker 15 (01:07:52):
Key handed over to us leader this month. On that
key over where we'll be entering site and recommissioning most
of the machinery they're suping.

Speaker 4 (01:08:08):
It's an awesome outcome. What state is the machinery and
where they need to be upgrades and things.

Speaker 15 (01:08:14):
There will be a Laura upgrading eventually. The mill is,
like you said, thirty years old and it is a
leave intensive milk and I'm guessing we'll have to try
and get rid of that heavy lifting for our operators.

Speaker 4 (01:08:34):
To be honest, What type of reaction have you had
from people, especially because there would have been a lot
of eighty seven made redundant in twenty twenty three. Have
you heard from some of them?

Speaker 15 (01:08:46):
I have heard from a lot of them, seen as
when public have been getting calls from many seeing chances
of me having a position back at the mill, and yeah,
it's been awesome. There's been a lot of critical staff

(01:09:06):
also with the technical side of everything they've been bringing up,
also trying to secure a position at the up incoming
Malari email.

Speaker 4 (01:09:19):
Shane, how many routs do you know how many jobs
there will be available?

Speaker 15 (01:09:24):
Initially? We're going to just need full staff to do
all the machinery and recommission most of the machinery with
the help of a lot of trade companies contractors coming in. Also,
initially we will head towards the eighty eighty people mark.

(01:09:46):
So that's the initial one, and in two years, maybe
one year, we'll be heading towards the twenty four seven
day operation, which will you around about two hundred to
two eighty staff required.

Speaker 4 (01:10:05):
Wow, so a lot more, a lot more than the
Japanese output. Ended with yes, what's everyone been doing since?

Speaker 8 (01:10:14):
You know?

Speaker 4 (01:10:14):
For those people who did lose their jobs, did they
all manage to find new jobs in the meantime? I mean,
or have people been have some people been kind of
without work for that time?

Speaker 15 (01:10:25):
Are the ones that I know of have had secured
jobs on the day they had finished, Some had finished
earlier which went on gardening to secure jobs and Jane
looked after them. They did workshops, they did career days

(01:10:46):
on site for the stuff, and a lot of the
community help the caman and hired most of them.

Speaker 4 (01:10:57):
All good. I'm pleased to hear it, and I'm pleased
to hear that there's going to be more jobs to
go around for you guys soon. Shane, thanks very much
for your time, appreciate it. Shane Wilson, the general manager,
of malari en z Mill which is coming back. The
mill is coming back to tight after your Gibsbland, which
is fantastic. News just got eleven minutes after six here
on News Talk z'd b brad Olsen is with us next,

(01:11:18):
talking about that great farmgate milk price forecast from Westpac today.
Exactly what is it and what's behind it? That's next.

Speaker 2 (01:11:27):
It's the Heather duper Cy Allen Drive Full Show podcast
on my Heart Radio powered by News Talk ZEBBI.

Speaker 1 (01:11:36):
The Rual Report on Heather Duperssy Allen Drive.

Speaker 4 (01:11:40):
It is fourteen after six. Great to have you with me.
Jamie mckaye, host of the Country, joining us this evening
from the backbench and you're at the pub Jamie, Yeah,
I am Ryan.

Speaker 12 (01:11:49):
I haven't even had the bear yet, so you dragged
me out just as I was about to samp for
my first one. But a big day out on the
Big Smoke for the boys from bnedin for the National
Lamb Day Barbecue.

Speaker 5 (01:12:00):
Today.

Speaker 12 (01:12:01):
We broadcast our show from the Speaker's Lawn and then
took the opportunity to go in and have a look
at question time and it was very entertaining. I heard
arry A. Soper talking to Ryan and I must have
met It was quite humorous on occasions.

Speaker 4 (01:12:16):
Yeah, did you so you would have seen Chloe with
the kids lunches, you would have seen the back and
forth about David Seymour. What was you I mean, did
it look like as much as a circus as it
does sound when you're on when you're on air.

Speaker 12 (01:12:29):
Oh, look, it is a circus because there was there's
a lot of noise and speaker Jerry Browne was telling
them to be quiet and it did get awey bit
out of control. They were like kids back at boarding
school after the first day after after holidays. Look, it
was just good watching some of the I guess, just

(01:12:50):
behavior of some of these politicians. Winstant cheekily waving at
the opposition when he's got a good shot, and on
that Seymour, everyone looking at him with daggers, Chloe thinking
she was the cat's pajamas with the school lunches, and
then Luxeon and Winston a sort of double teeming her
on whether she'd pinched the lunches. Yeah, so it was
quite good. But you know, the abiding memory for me

(01:13:12):
is Ryan and I haven't been in Parliament at question
times since nineteen ninety five when it all blew up
over the Martua gardens, sitting in Wanganui and toe Henery
went completely off. The things that was most the abiding memories,
the Patsy questions. They're appalling. There are an appalling wasted

(01:13:32):
time and an appalling waste of taxpayers money. I don't
know why they go through the motions.

Speaker 4 (01:13:38):
Well, the speak Jerry Brown, he tried to tighten them
up and he has. He's a lot stricter than previous
speakers have been in keeping them to time. But I
agree with you. They just feel like they suck the
year out of the place, don't they.

Speaker 22 (01:13:51):
Oh?

Speaker 12 (01:13:51):
Absolutely, and honestly they don't really serve any purpose or
not that I can see. And I just feel so
incredibly sorry for por Schmuck's and the back benches who
their only job the day, they're only they're only speaking
role for the day is to ask Patsy question. It
must be sold to strife.

Speaker 4 (01:14:11):
It must be Jamie, you go and enjoy your beer.
I won't hold you any longer. Thanks for joining us
from the back bench aparty in Wellington. That's Jamie McKay,
who is host of the Country here on News Talks
he'd be just gone seventeen minutes after six. He's right.
I used to love going to Question Time and go
down there like kind of geekerly. But during university I
would go down and watch question Time. Used to go

(01:14:31):
with my grandma often as well. It's free for a start,
so you don't have to pay anything to go in there.
Obviously it's entertaining. Lest it was entertaining. It sounds like
Jamie had had a good time, but maybe not a
great time. At seventeen after six, brad Olsen is with
us next on the fortunes of our dairy farmers.

Speaker 2 (01:14:52):
If it's to do with money, it matters to you.
The Business Hour with Ryan Rich and Their's insurance Men,
Grow your wealth, Protect your future.

Speaker 4 (01:15:03):
News Talks v twenty after six on News Talks ZB
you'll tell you what someone has robbed an armor guard
van in the last this afternoon, just after two thirty
this afternoon on the North Shore. And I always wondered,
you know, when you see them driving around and you
look at the deprivation that's going on in some plants
in New Zealand, you think, man, I'm sure those things
would be getting robbed a lot more often and anyway,

(01:15:24):
apparently someone took off on foot. No one was injured, thankfully.
They don't know how much was taken, but we'll keep
you up to date. Now News bulletins has just gone
twenty one after six now. Brad Olsen, the Prime Minister,
was grilled about his poor poll numbers on his morning
media around this morning, and he kept quoting one economist
when promising that things will get better. Yeah, it is

(01:15:44):
this some you know, some green sheets.

Speaker 16 (01:15:46):
I mean I saw, you know, Brad Olsen saying by
the end of the you know, by the end of
the year, did we forty five million dollars extra week
and kiwis pockets to spend in the economy? That's all
good stuff as interest rates come down.

Speaker 4 (01:15:55):
Brad Olson is of course Infametrics principal economisties with us
this evening high Brad, good evening. So in reference to
the Prime Minister's comments, when will we be feeling better,
how will we be feeling about the economy by the
end of the year. Yeah, I mean we do.

Speaker 27 (01:16:10):
Expect things to continually get better. Of course, those interest
rates are coming down, but it takes a bit of
time for everyone to refix onto them. And at the
same time, you know, data out recently showed that the
unemployment rate has been going up. So I do think
we're in that odd period and very challenging period still
where there's a lot of hurt and a lot of
economic challenge around, but there are those grander shoots showing through.

(01:16:33):
The Prime Minister referenced one of the numbers that we've
recently quoted when we looked at our latest economic forecast,
which is that by the end of this year, we
expect around forty five million dollars a week more to
be available for households to spend out in the economy
that previously they had to put on those much higher
mortgage rates. So that's certainly helping, and you're starting to
see that in some areas across business, you're starting to

(01:16:56):
see the likes of job ads that have plataued out
and so but in reference, I mean you mentioned Ryan
that some of those Pole results, it was interesting some
of them last night showing the likes of household's economic
outlook as well. Households are saying that you know, there's
still nearly a quarter that are saying they expect things
to be worse in a year's time, and given the

(01:17:17):
interest rates are coming down, that's of course quite concerning.
So it shows that the economic recovery is not going
to be balanced across everyone. There are some definite differences
across but we are a lot more confident, and that
comes after some pretty difficult economic times.

Speaker 4 (01:17:32):
Yeah, the RBNS dead where everyone sort of expecting a
half a percent when they go to meet next week.
But after that, do you expect that they will signal
or maybe even during the meeting will signal that they
will go further before November, you know, perhaps even further
than what we predict.

Speaker 27 (01:17:50):
Well, in a sense, we're actually wondering at infometrics the opposite,
and this has been a slightly more controversial view than
we thought it would be when we started talking about it,
But we wonder looking at some of the pressure out
there in the economy. You look at the likes of
important inflation fears, the fact that the New Zealand dollar
is down, you know, quite a bit against the US
over the last couple of months. The fact that in

(01:18:11):
the latest A and Z Business Outlook survey there were
a higher proportion of businesses saying they expect to get
higher cost increases in the next couple of months. None
of that's sort of good for longer term inflationary trends.
So we actually wonder if, yep, the Reserve Bank goes
by fifty in February, but they might well signal that
there's not quite as many cuts left in the tank

(01:18:32):
after that.

Speaker 25 (01:18:33):
End.

Speaker 27 (01:18:34):
Of course, we've seen retail banks the last couple of
weeks cutting their interest rates back quite a bit, and
so it wouldn't surprise us if you saw the Reserve
Bank cut the official cash rate, but maybe not quite
as many cuts to retail rates because the banks have
already priced some of them in. Now that's not to
say that the economy won't continue to get better, but
there is just that open question of sort of, you know,

(01:18:54):
are we where are we trying to get to? Are
we trying to get back to sort of a more
normal level of growth not or are we able to
supercharge it ahead. At the moment, we're still worried that,
you know, we get growth back to just sort of
plodding along, and I think everyone's quite clear they'd like
to see more than that.

Speaker 4 (01:19:10):
What's your take on what is good news from Westpac today?
Predicting that those dairy prices will stay above ten dollars
this year. What's your take on that?

Speaker 27 (01:19:18):
Oh, look very encouraging, and I think, you know, we've
been expecting for a couple of months now that a
lot of the economic recovery that we're starting to come through. Yep,
it'll be driven by households. But at the same time,
those rural and provincial parts of New Zealand really are
starting to get a little bit more momentum showing through.
I've spent the last couple of days traveling around parts
of South Island, through the West Coast and Canterbury, and

(01:19:40):
there's certainly been a little bit more activity than I
feel like I saw towards the end of last year,
certainly the middle of twenty twenty four, and that just
suggests it's a little bit more confidence starting to come through.
The difficulty is, you know, we're not seeing the economy
absolutely rip roaring, like no one's saying that, But equally
we're not in the same doldrums. I think that we
were going back a year ago and trying to find

(01:20:01):
that new economic goldilock zone is going to be important,
and I think we're starting to get a little bit
more clarity on where that might be. It's better, but
it's not fantastic and just hell raising all of a sudden,
all that quickly.

Speaker 4 (01:20:13):
Brad, thank you very much for that. Brad Olson informentric
principal economist off quoted by the Prime Minister. Twenty five
minutes after six, Ryan Bridge, your on news talks here.
B Inbicagol apparently disappeared off Google Maps today and the
first to notice was the Inmbicargol City Council and they
posted on their Facebook page hello, anyone out there in

(01:20:34):
Bicargol has managed off Google Match. No one actually can
explain at this point why it happened. The Herald has
reached out to Gurgle for a comment, but I don't know.
Maybe they update it every now and then and then
occasionally something falls off and it just so happens. In
this case, it was in the Cargol that fell off.
Twenty six minutes after six, You're on news talks there
b coming up after news, We're going to talk about Netflix. Gosh,

(01:20:58):
I watch a lot of Netflix in the evenings. I've
noticed lately when I get home from work, nothing better.
But how much tax are they paying here? If anything,
we'll look into that. Also, we're going to end to Brady,
who's a UK correspondent. Twenty six up six Baby, you
blame me.

Speaker 1 (01:21:16):
Baby, I blame you.

Speaker 22 (01:21:18):
That ain't true.

Speaker 4 (01:21:22):
It ain't like God to make this coming mess up
by myself.

Speaker 6 (01:21:26):
I'm back like you mind meself.

Speaker 1 (01:21:29):
By week if you go and tell they said, see
one makes.

Speaker 12 (01:21:34):
Some train.

Speaker 1 (01:21:53):
Crunching the numbers and getting the results.

Speaker 2 (01:21:55):
It's Ryan Bradge with the business our and mas insurance
and investments.

Speaker 1 (01:22:00):
Grew your wealth, protect your future. The newstalks dB.

Speaker 4 (01:22:16):
Good Evening, twenty five minutes away from the seven News
talk SAVB. Now Netflix. There are questions about the global
streaming giant and how much tax it is actually paying
here in New Zealand. We've got one point three million
Netflix users in New Zealand paying at least eighteen dollars
fifty a month each. The company apparently doesn't meet the

(01:22:37):
eleven million revenue threshold to make finances public, which would
indicate a small tax bill. Edward Miller is a researcher
at the Center for International Corporate Tax Accountability. He's gould
meet this evening high Edward Sheldo great to be with it,
So how much do they make here?

Speaker 11 (01:22:53):
Do we know?

Speaker 20 (01:22:55):
No, we don't know that information. If you look at
what Netflix files in Australia, they their their filings say
that they earn revenue of one point one five billion
dollars in Australia, but in New Zealand the revenue that
they earn here is less than eleven million dollars, which
basically means or appears to mean that the revenue is

(01:23:18):
being booked in another jurisdiction, not in New Zealand.

Speaker 4 (01:23:21):
How do you do that? How do you book your
revenue elsewhere? Legally?

Speaker 20 (01:23:26):
It's a great question and one that should be should
be sitting in front of the IRD because if they
can't do it in Australia, then why can they do
it here. The Australian Tax Office has had a more
muscular approach to investigating multinationals. So it might be that
Netflix feels that they can't get away with as much
in Australia as they can here under the ir D.

(01:23:48):
But if you're a Netflix user in New Zealand, you're
paying for a service that's being delivered in New Zealand,
it's being consumed in New Zealand. I think it's the
fair thing to be asking why is the revenue thing
in what appears to be another jurisdiction.

Speaker 4 (01:24:02):
They've been this is authorities and other districtions like Europe.
They've been raiding Netflix offices in Paris and they've been
doing it in Amsterdam. What exactly are they investigating them
for there?

Speaker 20 (01:24:14):
So that investigation they raided the Paris and Amsterdam offices
because what happened in the French filings is that Netflix
revenue jumped from very little to a lot in subsequent years,
So they are investigating subsequent years of which in Netflix
appears to be booking revenue that had been earned in

(01:24:37):
France from French Netflix users in the Netherlands. And that's
my suspicion that what is happening in France is probably
very similar to what's happening here because the parent company
of the New Zealand Netflix subsidiary is the same company
in Netflix International dv I see incorporated in the Netherlands.

Speaker 4 (01:24:57):
Right, given that our government and is looking at corporate
tax rate here in New Zealand and particularly as it
relates to multinationals, trying to get them become here, etc.
Is this related to that? I mean, is this something
that we should be potentially looking at alongside a change
to our corporate tax right.

Speaker 20 (01:25:16):
I think it's a great wake up, Paul Ryan, for
us to start thinking about what the relationships are about
services being delivered in New Zealand, about revenue being booked
in New Zealand or otherwise, and about whether we can
tax that revenue, whether it's being derived from New Zealand
or otherwise. I don't think we have enough information to
be able to make a clear call that we can
confidently say that we can cut the corporate tax right,

(01:25:39):
because it appears that foreign multinationals have lots of tools
at their disposal to be able to shift profits that
are earned in New Zealand to other jurisdictions where they
are taxed at a lower rate.

Speaker 4 (01:25:53):
How did you start Why did you start looking into
this to do with Netflix in particular and New Zealand.
What kind of got you into I.

Speaker 20 (01:26:02):
Saw these stories coming out from France or from at
Front and Amsterdam, and I thought that's interesting. I'm just
going to search in the company's register and see what
the ownership relations of the Netflix subsidiary here, and that's
when I saw that it was the exact same company,
and I thought, oh, there's a story here. I took
a look at the Australian filings because I could get those,

(01:26:24):
and I tried to take a look at the New
Zealand filings and they simply weren't there. And if you
sort of do some basic back of the envelope calculations,
you know you were talking about one point three million
subscribers paying eighteen fifty. I mean, some of those will
be paying seven fifty because they're sort of the piggybacks
that can use a subscribers. But any way you slice
up the apple into the number of subscribers on them

(01:26:45):
out they're paying, you're looking at hundreds of millions of
dollars of revenue that should be being booked in New Zealand,
which is definitely nor than the eleven million dollar threshold
that foreign owned companies are required to report at. So
I started looking at that and then trying to look
at the Dutch filings and the British filings and get
a sense of what's happening in the company. I don't

(01:27:05):
have the sine of the answers, but it seems very
clear that the revenue of Netflix subscribers that being consumed
here in New Zealand is not being booked here in
New Zealand, and I think it's a cause for concern.
And as you say, in terms of the international investment position,
it seems that there's no clear relationship that exists around
the economic activity that's taking place here and the tax

(01:27:27):
revenues that's being booked here, and that we need to
zoom out us some more questions and start to think
about whether we need more transparency about these things before
we go and cut the corporate tax.

Speaker 4 (01:27:38):
Edward, thank you very much for that. Edward Miller, who's
a research at the Center for International Corporate Tax and
Accountability Research, who's had a look at a little look
into Netflix. I mean, obviously you don't really know, and
what you don't know, what you don't know, right, but
less than an eleven million dollars in revenue, No one's
buying that, are they? Nineteen minutes away from seven on

(01:27:58):
news talks they've been coming up next, we're going to
end well before the top of the hour. I should say,
we'll go to ende Brady in the UK. Lots to
talk about with him, because there's lots been happening the
UK is getting tough on, even tougher, I should say,
in deporting illegal immigrants over there. We spoke yesterday about this.
There are new measures and rules out joining the EU

(01:28:21):
fight against Trump's tariffs. So that's interesting from Kirstarma. He's saying, no, no,
you know what, I'm not going to sit with you
guys and throw rocks at the White House. I'm going
to go my own way. We'll talk to Endo about
that next nineteen to seven.

Speaker 2 (01:28:34):
Whether it's macro micro or just playing economics. It's all
on the business hours with Ryan Bridge and theirs. Insurance
and investments, Grow your wealth, Protect your future talk b.

Speaker 4 (01:28:46):
Sixteen away from seven on News Talk said be Harry
has a text in the program to say, do you
know when the OCR gets reviewed this months? Next Wednesday
is the OCR monetary policy statement. So we'll find out
a two pm from memory it is two pm, so
we'll have some kind of indication by a round five
past right, just gone sixteen away from seven. Now we're

(01:29:09):
going to Inde Brady, a UK correspondent in the Good
Evening to you.

Speaker 28 (01:29:13):
Hey, Ryan, good to speak to you again.

Speaker 4 (01:29:14):
Good to speak to you too. So the UK getting
even taffer on deporting illegal immigrants. What's the lightest there.

Speaker 28 (01:29:21):
So what's behind this is the rise of the Reform
Party led by Nigel Farage and he obviously every time
he speaks pretty much speaks about migrants, immigration, the state
of the country and how the government is failing on this.
So what really I think is driving Starmer and pushing
their hands the fact that Reform in the most recent

(01:29:42):
national poll went one percent above Labor Reformer on twenty
five percent. Now this is a party with only five
members and yet everyone's talking about them. They get a
lot of media coverage. So overnight what we've seen is
the UK government announced it since Labour came to power
last July, they have deported nineteen thousand people out of

(01:30:04):
the UK, from failed asylum seekers to illegal immigrants, people
who've come across in those dinghies from France and foreign
criminals who've been released from prison. And Labor are saying
that this is the highest this figure has been in
this short space of time for about eight years, so
they're claiming the credit for that. And in addition, they've
also released a video on social media showing someone arriving

(01:30:27):
in the UK, someone getting detained at a property and
then put on a jet back to their home country,
basically the journey of an illegal immigrant. So Labor making
the point that they are making progress on this, but
obviously not quick enough for Nigel Farage.

Speaker 4 (01:30:43):
Now calling it feeble. And because I was writting an
article the other day, they were around six hundred thousand.
Were in estimates of six hundred thousand illegal migrants in
London alone at the moment.

Speaker 28 (01:30:56):
Yes, yes, And what we're seeing is, you know, the
government going rounding up a couple dozen people who work
in nail bars and then releasing this in the media.
You know, yeah, it's a huge, huge problem here. But
I think what they need to be doing is cracking
down on the businesses and the criminal enterprises who are
making money off these people's backs. You know, a lot
of these people are it's modern slavery in some cases.

Speaker 1 (01:31:19):
And what we need to see is.

Speaker 28 (01:31:21):
A far more joined up approach from all the authorities
to crack down on the people who are making millions
and millions every week off the back of these people.

Speaker 4 (01:31:30):
The EU is saying they're going to fight back against
Trump's terraces and kiss dam are you lot saying well,
we're not joining you, you're on your own.

Speaker 1 (01:31:37):
Yes, precisely that.

Speaker 28 (01:31:39):
So this is a very awkward situation now where France
and Germany are very much on the same page. Schultz
and Macron have both come out this morning and said, okay,
you put twenty five percent tariffs on European steel, and
our steel going into America will do the same, and
everything that comes out of America with stealing it. A
Starmer has been trying to build bridges, build or a

(01:31:59):
lationship with Trump and not fall out with him. British
steel with the British steels on its knees as it is,
I mean, this would be not the final nail in
the coffin. This will be pushing the coffin into the
incinerator in the crematorium if we end up with twenty
five percent tarrets on British steel. So Starmer is at
pains to avoid upsetting Trump and hoping that they can

(01:32:22):
negotiate some sort of exemption. Apparently Australia is getting an
exemption because Trump feels they have a trade surplus and
that the Australians are not causing the Americans a problem.
So I think Starmer will be doing anything he can
to avoid twenty five percent tax being whacked on British steel.

Speaker 4 (01:32:39):
Yeah. Absolutely, and you can understand why. Still mystery around
the deaths of this British couple have been found in France.
What do we know about what's happened or the latest theory.

Speaker 1 (01:32:51):
So this is Andy and Dawn Cyle.

Speaker 28 (01:32:54):
They were living in a tiny little hamlet, not even
a village, tiny beautiful little hamlets, about two hours north
of Tulu, who's in southern France, and they were both
found dead over the weekend, huge police investigation. Dawn Cerle
was found beaten to death outside the property and her
husband was found dead inside the property. Now the police
theories range from was it a murder suicide? Their friends

(01:33:17):
are saying, there's categorically no way they killed each other,
or one or the other, you know whatever. Their friends
are saying they were happy, very very happy, no financial problems,
and they were living their best life in France. They'd
learned French, they had many friends in the area, and
they'd completely integrated themselves into a beautiful part of southern France.

(01:33:37):
So their friends are saying that quite clearly they've been murdered.
Now one theory police are looking at in France. Andy Cyril,
when he worked in the UK, was a financial crimes
investigator and French police are wondering is it some criminal
in the UK who has tracked him down? But people
in the banking world they're saying, actually, all this kind
of financial crime investigation is quite anonymous and criminals would

(01:34:00):
never know who was investigating them anyway, because it's all
done behind computer screens. So right now it is a
mystery area sealed off and French police in charge of
the investigation. But families devastated at the loss of two
fine people.

Speaker 4 (01:34:14):
It's awful and you would hope for some quick answers
for those family members too, And to thank you very
much for that. Lovely to have you on as always
Into Brady, a UK correspondent. It has just gone ten
away from seven on News Talks HBB.

Speaker 2 (01:34:28):
It's the Heather too for see Alan Drive Full Show
podcast on iHeartRadio powered by News Talk.

Speaker 4 (01:34:34):
ZIBB News Talk ib It is eight minutes away from seven.
A little three issues, three techs. I'll start with this
one from Larry which is just coming. This is on
school lunches. We've been talking about this today because Chloe
got it into the into the question time Ryan. Regarding
overseas school lunches, it is a fiction that everybody gets
a free lunch overseas. My English grandson occasionally gets them,

(01:34:57):
but his parents have to pay. Often he takes a
home provided lunch. They aren't rich, tiny two bedroom home,
but they work so they pay. Larry, thank you for that.
On tariffs, this listener says, Hi Ryan, I think about
the tariffs. It's about picking your battles with Trump. There
are other sectors with far more significant exports into the

(01:35:17):
United States, not undermining the steel and aluminium. But we
need to be strategic. That's a good point. And this
one from Kevin I quite like. On superannuation, so we
were talking and Cameron Baggery, the economist, is on the
program saying, you know, it's unaffordable going into the future,

(01:35:38):
the superannuation. So we've got to do something about it.
We either increase the age or we means test it.
And one of the ideas he had was depending on
your the length of your expected life expectancy, that would
depend how much you get. Kevin says Hi Royan. If
women live three years longer, let them work to sixty
eight so they enjoy as much pension as men. It's

(01:36:01):
fair because men die sooner. I mean, that is true.
I don't know how they'd feel about that. You're on
news talk sare'd be I am going to be away
for the next three days, but back with you here
on Drive from Monday. Thank you very much for listening,
for all of your feedback, all of your texts and
all of your emails. And what are we going out
to tonight?

Speaker 21 (01:36:19):
Don't look back in anger by Oasis to play us
out tonight. You remember that story you were telling us
last night about the people buying tickets to Oasis and
getting them refunded because of their accused of being bots.
So Ticketmaster reckon that all of those tickets were bought
by bots and the real people who've got them now
brought them off resale sites. They haven't said this, they've
implied it in their press release. Brought them off resale sites,

(01:36:41):
off a bot and that's why they were like, well,
we told you all not to use resale sites anyway.
This nice lady Karen Kelly on Twitter or x as
it's called now, she hit up Liam Gallaghan saying, Liam,
what do you think of the ticket situation? Thinking fans
of bots and getting their money returned, and Liam responded with,
I don't make the rule. We're trying to do the
right thing. It is what it is. I'm the singer,

(01:37:03):
Get off my case. Which is I think about as
helpful as you can expect one of the Gallagher brothers
to be.

Speaker 4 (01:37:08):
But I suppose at least he responded well, at least
he's honest too. I mean, it wasn't far from his job.
Thank you, Thanks everyone, See you next Monday.

Speaker 5 (01:38:35):
She knows well, you know.

Speaker 9 (01:38:45):
No where.

Speaker 3 (01:38:49):
Cannot go.

Speaker 10 (01:38:57):
Where she knows.

Speaker 1 (01:39:39):
For more from Hither Duplessye Alan Drive.

Speaker 2 (01:39:41):
Listen live to news talks it'd be from four pm weekdays,
or follow the podcast on iHeartRadio

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