Full Show Podcast: 12 February 2025

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:03):
Digging through the spin spins to find the real story.
Or it's Andrew Dickens on Hither Duplicy Alan Drive with
one New Zealand Let's get connected and News Talks.

Speaker 2 (00:13):
They'd be.

Speaker 3 (00:15):
Welcome afternoon to you, and welcome to the program, and
thank you for choosing us. I'm Andrew Dickens in for
Ryan Bridge, who's oft on a family thing for three days.
He'll be back on Monday. Coming up on the program Today,
the government comes up with five changes to help New
Zealand film and TV. But will they make any difference?
We'll have the minister in five minutes time. One oficer
says no to Mackers. The Deputy Mayor will tell us

(00:38):
why the good people have been denied what many consider
to be a basic service in modern cities. That's after
five Judith Collins warns the public service to respect taxpayers.
So what does the Public Service Association think of that?
And the asb's profit lifts from last year. So is
this finally some concrete proof of some green shoots the
ASB CEO. Just after six. You can text during the program.

(01:01):
The number is ninety two ninety two. You can email
on Dickens at News talks airb dot Co dot NZ.
It's eight after four Andrew Dicks So the naming sponsor
of the Allbacks. Ineos once out claiming times are tight.
The deal in New Zealand is worth eight million dollars
a year still has three years to run. New Zealand
Rugby is having to sue them to get the money

(01:22):
they agreed to pay. Even worse, the payments for this
year were unilaterally withheld and from my opinion, that's not on.
A deal is a deal, A contract is a contract.
A judge will decide. Now, let's remember who Ineos are.
They're a petrochemical company and over the last few years
they have sunk five billion dollars into a swathe of sports,

(01:46):
including the Allbacks and your revenue for Ineos fifty five
billion a year. Their profit in twenty twenty three was
one point four billion euros. Eight million dollars is chump
change for Ineos, so is twenty four million dollars if
they see out the contract the contract they signed. Ineos

(02:06):
is also in the process of falling out with Sir
Ben Ainsi's America's Cup campaign. Ineos just spent two point
seven billion dollars to own Manchester United, a football team
which has been falling down the EPL ever since they
took ownership. They have infuriated fans with ticket price hikes
and they've laid off two hundred and fifty staff. Manchester
is not fond of them. And let's remember that Ineos

(02:29):
is owned by Sir Jim Ratcliffe, who is personally worth
just shy of thirty billion pounds. This is the man who,
when he heard land Rover might discontinue the Defender, built
his own car, the Inios Grenadier, and to do that
cost him over one billion pounds of his own money

(02:50):
to develop and start manufacturing. So I have the point,
and that point is that while the Ineos Sports Marketing
Group might be struggling and the parent company might be
less profitable than before they knew what they were getting into,
and the owner is still one of the world's most
wealthiest men, and he has to calculate whether the cost

(03:10):
of the reputational damage is worth the small amount they're
saving by dropping the or Blacks, and whether he wants
the name Ratcliffe to be linked with failure and contract breaking.
So the Ministry of Culture Inheritage has proposed a major
overhaul of our media regulators and their funding agencies. The

(03:30):
discussion document the Ministry has released talks about merging New
Zealand on Air and the Film Commission, replacing the Broadcasting
Standards Authority with a new regulator, and requiring international streaming
services to invest in local content. So the Minister of
Media and Communications, as Poor Goldsmith them, Poor Goldsworth joins me,
Now how it, Paul, So why merge the Film Commission

(03:53):
and New Zealand on Air?

Speaker 4 (03:55):
Well, look at the proposal that would put it me out.
I mean, ultimately they grew out of you know, the
world where you had separate big movies and you had
one group looking after movies on the big screen and
then another group which was focused on television and radio.
And as all your listeners will understand, those two distinct
sort of categories are merging, where you know, TV and

(04:18):
filmer and series and digital stuff on streamers are all
sort of very much in the same space. There are
obviously differences in terms of the quality of feature films,
but it's merging, and so there's a good argument to say,
and met other countries have joined those two historic things together.
There will challenges about how you do that, but So

(04:39):
that's the question I'm putting out.

Speaker 3 (04:41):
For Well, would it mean less money available for content
makers because you've taken two organizations have merged them into one.
You've taken two parts of money merged into one.

Speaker 4 (04:50):
Well no, Well, hopefully it'll be more because there'd be
a little bit less overhead rather than having two organizations
doling it out. If you had one, you know, it
could be a more official way of doing it. We're
not suggesting changing the overall funding levels, it's just how
it's administered.

Speaker 3 (05:07):
Okay, how much money do you want the likes of
Netflix to invest into local shows?

Speaker 5 (05:12):
Well?

Speaker 4 (05:12):
Yeah, I mean I think that's it's another thing that
all around the world people are grappling with. In the past,
you've had a local TV stations are being required or
expected to do some development of material and programming here
in the country. That doesn't happen with sort of Apple
TV necessarily or Prime. And there's a whole range out

(05:34):
there who are doing well, and so the question is, well,
what's the best mechanism to encourage them to be also
developing some stuff in New Zealand, but also putting New
Zealand material on their site and making giving it some
prominence and there's.

Speaker 3 (05:49):
A wide variety. Can you actually force streaming services to
make New Zealand shows movies? I mean if they don't
want to have to, Well.

Speaker 4 (05:57):
Yeah, there are various ways of doing it. You could
sort of have an expectation around percentage being available, you
could have you know, there are different ways of doing it,
and that's what the discussion document is designed to flush
out where we don't want to be overly prescriptive and
we want to work out what's the best way to

(06:19):
ensure that when I mean, what's the public interest in
all of this is that you know, in a world
where you've got the world at your fingertips, which is
great for consumers. Everybody loves it. In fact, you can
see anything anywhere. But we also do want to ensure
that our New Zealand stories are available and can be
tracked down and reasonably prominent. Which is one of the
other basic things we're doing or suggesting is you know,

(06:42):
when you buy your new smart TV, you plug it
in and these apps come up in terms of various
things like Netflix and so forth. We want to ensure
that the New Zealand apps TV and Z and so
forth are actually there and quite frequently now when buy
TV they're not and it's quite difficult to work out
people struggle with that. So some of those basic things

(07:02):
that actually make a difference for the New Zealand media
landscape is what we're trying to do.

Speaker 3 (07:07):
The fair News Bargaining Bill is on hold. Why is that?
We were you bullied by Google?

Speaker 6 (07:14):
No?

Speaker 4 (07:14):
Is just simply that the Australians, who you know, I
think it makes very good sense for us to be
broadly in step with have just before Christmas announced a
different approach that they're going to take. They're going to
put out a discussion document. I'm going to be meeting
with the Minister hopefully next week to talk about it.
And I just think it makes sense to take a
stock and see exactly how the Australians land and how

(07:37):
that how the rest of the world responds to that,
and then New Zealand can follow if it makes sense.
And I think that's a better way of doing it
rather than just bearing off in our own direction. Good.

Speaker 3 (07:46):
I thank you. Paul Goldsmith, the Media and Communications Minister
at the time right now is four fifteen your thoughts
ninety two to ninety two. There is a small charge
with the text just a very small charge. No charge
on the emails Dickens at newt b dot co dot Nz.
When I was doing earlier edition on Monday, I got
a text very early on after the result of the
Whales game, and someone said, how on earth has Warren

(08:08):
Gatland still got a job? Wouldn't you know it? He
doesn't have a job anymore. More on this in just
a Moment with Darcy water Grave.

Speaker 1 (08:15):
It's the Heather Dupers Allen Drive Full Show podcast on
iHeartRadio powered by News.

Speaker 3 (08:21):
Talk Z eighteen after four, Darcy water Grave joins me,
I want your chair.

Speaker 7 (08:26):
I'm sorry you cannot have it. I know what you mean,
because that's Matt Heath's chair and it alwayst sits extraordinarily
low because there's something about math that Matt likes to
take the lowest seat.

Speaker 3 (08:36):
He's like, it's like being a low ride a bike.
You're quite right, like being on one of those bikes
that the kids ride, you know, But your yours is
good all and high enough. Yes, yes, thank you, Tyler. Finally,
Warren Gatland got marched.

Speaker 7 (08:49):
Well, he marched and got marched. It's always the same line,
isn't it. By mutual agreement. You can read into that
what you want. But when push comes to shove, we
know one thing that is fourteen consecutive losses. It ends
now because he's no longer coaching the side.

Speaker 3 (09:04):
If I went into a meeting and the guy said
we don't really want you anymore, and then how do
you feel about it? I said, well, by mutual agreement,
I don't want to work for you anymore. So it's
mutual agreement. But you know that you started it. Yeah,
that's exactly.

Speaker 7 (09:18):
It's understandable. I ain for theory around this is that
Welsh rugby you've only got themselves to blame. Warren was
amazing four six Nations, three Grand Slams, two semi finals
of the World Cup between two seven and twenty nineteen.
I want to say, that's astonishing, that's fantastic. Don't go

(09:38):
back to the past. Last results started to doom what's
happening in the future. I think they made a huge error.
I'm not quite sure what he was thinking going back
there again, but he did. But he's gone and now
the assistant's taken the role. And we see because I
believe after getting beaten by Italy last week, which is
the nail in the coffin. They've got the Irish sharp
in front of them next week.

Speaker 3 (09:59):
Look respect one great greatly and his and his kid
and all that sort. The turning point for Warren was great.
The turning point for for for mister Gatlin was when
mister Emerson did that cartoon and put during the Lions
tour and made him look like a clown.

Speaker 8 (10:13):
Oh the clown knows that.

Speaker 7 (10:14):
So that was a huge for all, isn't that? I
remember that he was a very good artist.

Speaker 9 (10:20):
There we go.

Speaker 3 (10:21):
It's a confidence game and maybe maybe one got kicked
a few millions. Anyway, we've got it's all the press.
Is the new guy any good one of his insistence?

Speaker 8 (10:30):
I don't know.

Speaker 7 (10:31):
We'll find out. But he's got nothing to lose, has it?

Speaker 3 (10:33):
So I just got stuck into Jim Ratcliffe care mate.

Speaker 7 (10:36):
He's rich.

Speaker 3 (10:37):
I it a call, no, but he's spent five billion
dollars on a whole heap of sports over the last
few years, knowing the regulatory environment that exists in Europe.
And then he's going, oh no, actually it's a bit
tough here, and now I don't have enough money to
give eight million dollars to the Orbits.

Speaker 7 (10:51):
So you're a billionaire, it's in your change pocket. Just
but and we're not talking big money here, but let's
talk about the curse of Anios. Okay, mer sae.

Speaker 3 (11:01):
Ye nothing, all right, because that's the Formula one team
he's supporting, right, it's the one.

Speaker 7 (11:06):
Okay, let's go to I think it's the Grenity cycling team.

Speaker 3 (11:10):
Used to be good when they were Sky, used to
be good when there were Sky.

Speaker 7 (11:12):
Go to the America's Cup. You know that didn't work
from either. Let's go now to rugby and that's going.

Speaker 3 (11:19):
Down Hell Street. Two point seven billion on Manchester United
that was.

Speaker 7 (11:23):
The next So that's five. I don't know if I've
got any more in there, but not a good track record.
So if you're out there looking for money, don't knock
on Jim's door. It's it's awful that he's made that commitment.
He's plainly personally really wealthy. And if his company's tanking
the weed, well that's your proper a week. Don't say, oh,

(11:45):
it's gone backwards. You sign the deal.

Speaker 3 (11:47):
You know how it works. I say, it's reputational damage.
A deal is a deal, A contract is a contract.
If you can't do a deal with him in sport.
Why would you do a deal with him in business?

Speaker 10 (11:58):
What's King Charles going to say about it? Oh on, mate,
you're a night of the realm.

Speaker 7 (12:03):
You can't behave like this step in line, son.

Speaker 3 (12:06):
What are you talking about tonight?

Speaker 7 (12:07):
What am I talking about tonight? We're talking at the
start of Super Rugby Pacific gets underway on Friday.

Speaker 3 (12:13):
What's changed?

Speaker 7 (12:14):
Andrew horre joins us the CEO of the Championship Blues.
How have they worked on their championship? What are the
deals coming up this weekend? What has to change? And
what's changing amongst the relationship between the fans and the
players and the clubs and Super Rugby. It sounds to
me like they're all actually talking to each other and

(12:36):
listening to each other.

Speaker 3 (12:37):
Good lord, oh lord, but we're excited. Are you excited?
And for this season?

Speaker 10 (12:43):
All right?

Speaker 3 (12:43):
So ninety two ninety two if you want to text
about anything that has been sensible? Charge of players and
Darcy Watergrave, I'm from seven o'clock to night.

Speaker 2 (12:50):
We don't take the charge moving the big stories of
the day before it's Andrew Dickens on hither dupless, Allen
Dry with one newsy line, let's get connected and news talks.

Speaker 8 (13:02):
They'd be.

Speaker 3 (13:05):
Okay. Ninety two ninety two, Hello, be Where is Ryan?
I know Heather is off with the baby, but Ryan
was a great fill And that's from Chris. Think you Chris. Yes,
Ryan has been hit by an unexpected familial responsibility. You
know what happens. I found out yesterday he's got to
do something for three days. He'll be back on Monday.
So Heather's having the baby, Ryan's doing the family thing.
Dickens is going to do the show for a couple

(13:26):
of days. Okay, we're all sorted there. Good, all right.
The big story I'm looking forward to is coming up
round about five fifteen because the good people of Wanica
have decided, well people have decided for them. They don't
want McDonald's in town. Now, this was not surprising. There
were three hundred and sixty six submissions made on the issue,
only twenty one in support. Now the beef, yes, the beef, but.

Speaker 10 (13:49):
Thank you.

Speaker 3 (13:50):
The beef is that McDonald's is responsible for food waste
and pollution and that does not belong in Wonica. They're
also worried they could steal business away from existing operators.
All that might be so, but the decision immediately struck
me as being a bit precious and wrecking of nimbiism.
I've been going to on Aca yearly for more than
thirty years. I've seen it transform from being a sleepy

(14:11):
semi rural village with Skifield to being a successful town.
It's closing in on city status. I've seen extensive property
development towards Albert Town. I've seen more and more young
families move in to live there permanently. I've seen the
town benefit from the growth. When I first went there,
there was only an IgA and it was a revolution
that people hated when one supermarket arrived, and then they

(14:34):
loved it. And now there are two, and the new
supermarket is a rival in size to many city supermarkets.
All of this is the price of progress, and to
prevent logical growth because of the idea of what one
Aca once was, I think is hypocritical. So we're going
to talk to the Deputy mayor just after five o'clock
five to fifteen today to find out why on earth

(14:56):
they did it. Still to come over the next ten
minutes or so, we got the world wise Dad Mitchison
joining us from America as the Jordanian king came to
the White House to meet the US King Donald Trump.
And also apparently at Disney parks are going up in price.
All this the more to come on Drive here on
news Talks at.

Speaker 1 (15:16):
B recapping the day's big news and making tomorrow's headlines.
It's Andrew Dickens on Hither Dupless Alan Drive with one
New Zealand let's get connected news Talks.

Speaker 8 (15:36):
They'd be.

Speaker 3 (15:46):
Welcome on in on your Wednesday afternoon. I'm Andrew Dickinson
for Ryan Bridge, Who'll be back on Monday. We're talking
politics over the next half air. Chris Hipkins has accused
ministers of making racial statements. So who and how and
what and why and where? Jason Walls is joining me
in about ten minutes time. By the way, that oh sorry,
it's Barry Soper. Oh, Barry Soper is joining me in

(16:09):
about ten minutes time. Great to get back and chatting
with Barry and in just a few monuments time. By
the way, that Argie bargie about David Seymour and the
land rover. Can't you spot a stunt when you see
a stunt? He knew he was going to be stopped.
So there's a lot of wasted air about this, but
you can say that about a lot of politics. Barry Soper.
In about ten minutes time, I've had a text through
now from David about Wonica and the McDonald's, and David

(16:30):
says that he opened a new service station in Fakatane
in nineteen ninety five. We had a great food and
drink offering. I would go down to the heads and
other public areas each morning to pick up any litter
that came from my shop. When the waste from my
food and drink offering exceeded the competition, including McDonald's, I

(16:50):
knew I was on to a winner. Wonica is a
closed town, says David. The law that allows new businesses
that provide products at better prices to be excluded is nonsense,
writes David. And I've just received a release from the
act Party about the Oneica decision. We're talking about this
at Fight fifteen. I'll tell you that released from Active
bit later on. It is twenty three to five.

Speaker 1 (17:13):
It's the world wires on news talks.

Speaker 8 (17:15):
It'd be drive.

Speaker 3 (17:18):
To the Middle East and Israeli Prime Minister Natanyahu says
if Hamas doesn't release more hostages, the guys of ceasefire
is off.

Speaker 6 (17:28):
If Hamas does not return our hostages by Saturday noon,
the ceasefire will end and the military will return to
intense fighting until Hamas is finally defeated.

Speaker 3 (17:40):
Meanwhile, US President Donald Trump, in his inimitable way, has
already threatened that I quote, all hell will break loose
unless all the hostages are released by midday Saturday. Midday
Saturday is the deadline to Australia. It looks like Australia
will not be getting an exemption to Trump's steel and
adding midium tariffs after all. Apparently Themericans are unhappy about

(18:01):
how much Ossie aluminium has been sent to the US
under the current exemption. Here's one of Trump's advisors.

Speaker 7 (18:08):
Australia is just killing or aluminum market.

Speaker 3 (18:11):
What they do is they just flood our markets.

Speaker 7 (18:15):
After Biden led them, gave them an agreement that said,
don't flutter markets. You could have a reasonable amount.

Speaker 10 (18:22):
That's what we're dealing with.

Speaker 3 (18:24):
And finally, panic Panic, Yes, we have a Dad's Army story.
A parish council in Northumberland has had a bit of
a nasty shock. The council did the survey of a
local playground and they found a few unexploded bombs very
beneath it. And by a few, we mean one hundred
and seventy four bombs under a playground. The park the

(18:47):
playground is in was used for Home Guard training during
World War II, So it looks like Captain Mannering and
Code buried a whole bunch of unused training bombs there
after the war. So yes, Doctor Panicular did again. Internet
then again, if it's kept a Mannering, don't worry, the
bombs won't go off.

Speaker 1 (19:08):
International Correspondence with ins and Eye Insurance Peace of mind
for New Zealand business to America.

Speaker 3 (19:14):
We go with the time at twenty one to five
and Dan Mitchison joins Us Hill, Dan Hey, Andrew. Today
we've had the visit of the Jordanian king to the
American king we have.

Speaker 11 (19:26):
I guess you can say it like that King of
Bellah who has basically said again that after meeting with
President Trump, that he and his country opposed the President's
plan to resettle millions of Palestinians out of Gaza. And
I don't think that was any surprise right now, it's
kind of put him in a little bit of a
delicate situation right now. And of course you've got President

(19:47):
Trump who keeps iterating that he would take over and
own Guaza, and nobody seems to like that idea right
now except for the president over here. But he's doubling
down on his remarks.

Speaker 3 (20:00):
All right, so this is all good, I guess. I mean,
here we go. Do you think it's going to happen?

Speaker 11 (20:05):
No, I mean, gosh, I mean, I mean, talk to
the historians about this. I mean, I don't think there's
any way that something's like this is going to happen.
I mean, he says, we're going to hold it. This
is a quote, we're going to cherish it. We're going
to get it going eventually where jobs are going to
be created for the people in the Middle East. But
what he didn't give was any specifics right now. And

(20:26):
again I mean, if boy, I mean, you're asking for
stability in the Middle East for the first time, which
I think, again most historians or political experts would say
this is very unlikely.

Speaker 10 (20:35):
All right.

Speaker 3 (20:36):
Disney theme parks appear to be addicted to price hikes.

Speaker 8 (20:40):
Well they do.

Speaker 11 (20:40):
I mean, there are a number of people that come
to the West Coast from your country, and of course
people from all over our country. When they do go
to a theme park, it is usually a Disney theme park.
But right now, for a family of four, you're looking
at three thousand dollars. Now that doesn't include your er
fare if you're coming over from New Zealand, and a
one day ticket broke the two hundred dollar mark for
the first time. And what they're coming under scrutiny for

(21:03):
right now is just how quickly that they are bumping
up their theme park tickets or the park's account for
about seventy percent of their operating income, so that's a
big jump from just a few years ago. So you
understand why they're so enthusiastic about this, but they're just
worrying a lot of people inside Disney are worrying that
the company has become hooked on these price increases and

(21:23):
price gouging. And not only are the prices so out
of control right now, but you have to book specific days,
and depending on the days you go, you're going to
pay more or maybe a few dollars less.

Speaker 3 (21:34):
Yeah, and there's that affecting patronage. And I say this
because I know a lot of families in New Zealand
and for New Zealand to go to Anaheim and go
to Disneyland or something like that. That's you know, it's
a religious experience really, and you make the journey and
then they see the costs and they think, gosh, that's
really really expensive, and more and more are going you know,
maybe we just won't.

Speaker 11 (21:55):
Yeah, you're right, And a lot of people that do,
they'll they'll save up, you know, three thousand and fourth
dollars to take their family for just two days right there.
And you get to the park and you're walking around
and you're thinking, what could I have done with that
four thousand dollars? I mean, I grant you, I love Disneyland.
It is a magical place, but it has become so expensive,
so crowded, and I hate to stay so commercialized because
it always sort of has been, but even more so

(22:16):
right now that it's kind of taken a little bit
of a magic out of the Magic Kingdom.

Speaker 3 (22:20):
And finally den Mak wants to a next California.

Speaker 11 (22:24):
Yeah, this is my favorite story today. That came because,
of course, President Trump continues about the US acquiring Greenland
from Denmark, so Danish citizens have launched their own effort
to purchase our state.

Speaker 6 (22:35):
Here.

Speaker 11 (22:35):
They've got an online petition calling for the Denmarkification of California.
They've got two hundred thousand signatures so far. They're pitching
the Danish citizens by buying California would give a more
sunshine dominance in the tech industry, limitless avocado toast, and
easy access to Disneyland, which we circle back to right now.
Of course, this is all tongue in cheek. Right now,

(22:57):
it's not going to happen where the world's fifth largest economy.
But I guess if you're if I guess for those
in favor of this being the new Denmark, you're going
to have to settle for a day trip maybe the
Santa Barbara County.

Speaker 3 (23:08):
Well maybe it's got just as much chance of happening
as many other proposals that have come from the Trump administration.
You have to say, would it mean that everyone in
California would have to have a Nokia phone?

Speaker 11 (23:18):
I probably that, and we'd have to learn a new language.
And I mean, we do have the Danish capital of
the US just down the road in Solvan, which is
near Santa Barbara, So I mean, you know, I mean
it's a start.

Speaker 12 (23:29):
We've got a foot in the door.

Speaker 3 (23:30):
Californians love Danish.

Speaker 10 (23:32):
You know that we do.

Speaker 6 (23:33):
We do.

Speaker 3 (23:34):
Hey, thank you so much. Dan Machison from the United
States of America. In New Zealand, we're worrying about a McDonald's,
a fantastic decision about mcdee's, writes a text. If the
majority of the community aren't keen, well good on them.
I can tell you. It's two hundred and sixty six submissions,
only twenty one in favor of the McDonald's. Another Texas says, wow,

(23:55):
you were very judgmental. Andrew McDonald's would have got through
on another site. In one it was never going to
fly where they wanted it. I'm not sure about that. Then,
right near the Three Parks Industrial Estate, there are only
one hundred and fifty meters away from a mighty teen
mega a warehouse, a huge New World and a mountain warehouse.
I didn't see how the McDonald's in its position was

(24:16):
any worse than any of those players, but they got permission.
We'll talk about this at five point fifteen, but next
it's Barry Soper and Studio to talk about politics. Here
are news talks. Heb sixteen to five.

Speaker 1 (24:29):
Politics with centrics credit check your customers and get payments.

Speaker 3 (24:32):
Certady Barry Soper, Hello, you got to turn your microphone on?
Oh hold on, there we go and had to turn
the microphone.

Speaker 10 (24:40):
Oh and s being naughty boy again?

Speaker 3 (24:42):
Can I, before we move on, just admit that Nokia
is in fact finished, not Danish. But never mind. I
just had to do that now. I also just said
about David Seymour riding the land rover up the steps,
and I said, look, he's not a stupid man. It
was a stunt, you know. He he wanted to get
some headlines. He wanted to be a little bit of

(25:04):
a renegade. Why are we wasting so much oxygen?

Speaker 10 (25:06):
They are wasting a lot of oxygen in the debating
chamber about it. They were again today telling the Prime
Minister that he should be dismissed as a minister. It's
unbecoming behavior of a minister in his cabinet. They want
him sacked. They have questioned Luxon's ability to discipline his
minister as well. You imagine if he disciplined David Seymour,

(25:29):
an Act coalition partner, you might see the coalition sort
of falling apart, but nevertheless so the issue from labor today. Though,
The real issue they concentrated on was the so called
racial statements being made by Luckson's ministers, outlined by Leader
Chris Hopkins.

Speaker 13 (25:47):
Have a listen to Todd mcclay's statement to another MP,
you're not in Mexico now, Shane Jones's statement send the
Mexicans home, and Winster's Peter's statement immigrants should quote show
some gratitude, meet his expectations of ministerial conduct.

Speaker 14 (26:03):
If so, why well, in answer to the last part
of that question, I have huge confidence in the Deputy
Prime Minister who really believes in the Mexico New Zealand
relationship and visiting the country and cares deeply about those relationships.

Speaker 15 (26:17):
So the Prime Minister, does this government have any plans
to go through the telephone book and find home buyers
with Chinese sounding names.

Speaker 16 (26:28):
No, the real issue here is no one can surely
be condemned for expecting immigrants to come to this country
to be grateful for the country they've come to.

Speaker 10 (26:37):
So there you go. Winston had the final say. But
you remember it was Andrew Little who was accused of
looking for Chinese names to prove that they were buying
up all the houses here. So look it goes on
and on and on.

Speaker 3 (26:49):
See if a man had that good a question, David Seymour,
do you really think he's that stupid that he didn't
know the rules?

Speaker 8 (26:54):
Oh?

Speaker 3 (26:55):
Can I just also say that security guard that stopped him,
great job. Man deserves a I know the guy.

Speaker 10 (27:01):
He's been there a long time and he's a really
good man.

Speaker 3 (27:05):
Wasn't intimidated straight out? No, No, great policing. Shane Jones
has been talking about mining gold in them.

Speaker 10 (27:11):
The hills, is Shane. What I like about Shane Jones
is that he likes preaching in parliament rather than simply
asking or answering patsy questions. Of course, gold is a
big deal in New Zealand at the moment, when you
consider that in twenty twenty one, New Zealand produced four
hundred and seventy two million dollars worth of gold. In

(27:34):
twenty twenty two that was up to six hundred and
ten million. Now apparently there are billions of dollars under
the ground here in New Zealand. The mining cheerleader, as
I said, Shane Jones, he was on his feet in
Parliament today preaching the value of coal and of gold
mining in this country.

Speaker 17 (27:53):
I have been to a gold mine located at why
He to launch New Zealand's and Lord Greal mineral strategy,
and whilst I was there, it was evident that economics,
seeds are germinating, buds are developing. No longer will the
sector be shackled in green tapes. No longer will people
be able to carry on talking on smartphones dependent on minerals,

(28:17):
minerals imported into the country when we have them in
our own country. And also it's my pleasure, sir to
tell the House that most of the people there reminded.

Speaker 8 (28:27):
Me they never left the Labor Party.

Speaker 12 (28:29):
The Labor Party left them.

Speaker 10 (28:33):
I always like the upput infliction is that he speaks
and it's preaching and I always enjoy shown Joan style.

Speaker 3 (28:41):
Very good stuff. And the Malory Party MP found guilty
of misleading parliament.

Speaker 10 (28:45):
Taker to Paris. Yes, he deliberately, according to the Privileges Committee,
misled the House. They recommend that he be forced to
apologize to the House because he had denied that he
had called as fellow MPs liars. But I've got to
say today an apology wasn't forthcoming. It would usually be

(29:05):
the case as soon as possible after a privileges committee finding.
The irony in this case is that Perris was what
the one apparently telling lies about those who accused of
being liars. I haven't listened to the exchange which got
him into trouble last September.

Speaker 8 (29:21):
Lies.

Speaker 15 (29:21):
In other words, many in this house are masters of it,
and it is a disservice to those who voted you
into your positions.

Speaker 8 (29:28):
Well, unless, of course, it.

Speaker 16 (29:31):
Is certainly not acceptable for someone that experienced as he
is to Nevertheless, I accuse the other MPs keep quite
when I'm making a point of all. All right, he
made the allegation that members of his parliament of liars
there should have been stopping the tracks right then.

Speaker 14 (29:42):
But if he has made that statement, then he should
withdraw and apologize as quickly as possible.

Speaker 18 (29:49):
I haven't made that statement.

Speaker 10 (29:50):
It just finished making the statement and said this man.
He was there, and normally you're expected in a Wednesday debate,
which was what this was, not to speak from notes.
He was speaking from a computer. You meant to be
able to regale stuff without using notes in the debating
chamber but that seems to have changed.

Speaker 3 (30:11):
Which means he had intention to use the word liar
to It didn't just pop into his head. He wrote
it down on a computer. He said it. He's thought
about the whole thing. And when I find amazing about
that word liar, too many people in this world these
days flee it around and it's one of the worst
insults you can do. If you're pulling out the liar,
you were going nuclear.

Speaker 10 (30:31):
And he didn't have the good grace Andrew surely he
must have known he accused him of being liars, didn't
have the good grace to immediately stand as most MP's
would do and say, look, I apologize, you know, because
he obviously must have realized that he was in the wrong.
So now we await his apology, and I thank you

(30:51):
very much.

Speaker 3 (30:52):
It is now seven minutes to five. This is News Talks.

Speaker 8 (30:54):
It'd be digging into the issues that affect you.

Speaker 19 (30:58):
The mic hosting break, Anthony Alberanizi had been on the
phone to Donald Trump over tariffs. He was happy to
report that Donald had said they could work on an
exemption read the steel and the aluminium. This was presented
by Elbow as good news, not long after that, I
watched Donald signing some more executive orders. It then got
to the steel and aluminium he signed at twenty five
percent on everything not made in America, no exceptions, no exemptions.

(31:19):
Donald could not have been clearer on steel and aluminium.
America didn't need anyone. They would be making their own.
We sell apples and wine and burger patties basically, so
we might get lucky out of this. But poor old
Elbow will eventually have to explain what he might have
thought happened didn't Back tomorrow at six am the mic
Hosking Breakfast with the Rain.

Speaker 3 (31:36):
Drove of the Lahn News Talk z B Jack writes,
common sense would tell you a vehicle cannot be driven
up the steps of Parliament, and yet so many people
have done it. There's been a land rover before, there's
been attractive before. People have done it normally as a
stunt jack. Are you accusing David Seymour of not having
common sense? Of course he knows you shouldn't drive up

(31:57):
the steps of Parliament, but he had a little bit
of a crack at it. And when Sam the security
guard came in and went no, and he stopped and
he's ended out with a whole lot of press and
who are we talking about David Seymour And of course
why are Labor getting stuck into him? Because they want
to get stuck into anything with the Coalition just to
make any crack, any fisher, pull it apart any way

(32:18):
they can. Another text says the security guard who stops
Seymour is my cousin Sam. Yes, amazing guy. Barry Soper
informsly that Sam is a gentle giant, a lovely fellow
until you start trying to drive a land rover up
the steps and then he'll go no stop. Speaker says
no anyway. On the way a shocking story out of

(32:42):
New South Wales about nurses and Israeli's details to come.
Also on the way, the Central Lake's Deputy mayor on
why Wannica cannot have a mcdea's sot to come. I'm
Andrew Dickens. This is news talks hereb.

Speaker 1 (33:03):
Hellus, questions, answers, facts, analysis, the drive show you trust
for the full picture. Andrew Dickens on hither dupless Alan
drive with one New Zealand let's get connected.

Speaker 8 (33:24):
News talks that'd.

Speaker 3 (33:25):
Be welcome in seven out to five did Australian nurses
kill Israeli patients. We're going to go to New South
Wales on what sounds like a very shocking story. What
is the truth? We'll try to find out. But first
of our fishing industry is in for a shakeup, with
Fisheries Minister Shane Jones proposing a reform of the Fisheries
Act now. The changes would see a loosening of catch

(33:48):
regulations and more frequent updates to catch limits. It would
also restrict people who can access the camera footage from
the fishing vessels, confining the surveillance to MPI in the courts.
Seafood New Zealand says the reform is a win and
CEO Lisa Footcheck is joining me now.

Speaker 20 (34:05):
Hello Lisa Cuider Andrew and thank you so much for
inviting me on.

Speaker 3 (34:10):
It's a pleasure. Why is this a win?

Speaker 4 (34:12):
Oh?

Speaker 21 (34:13):
Look, this is a when largely for sustainability in the
broadest sense of the word, so sustainability for our oceans
that is woven throughout this consultation document, but also importantly
sustainability for our fishing businesses. How well, if you look
at the way that it's been framed up at the outset.
The MPI talks about focus on responsiveness, on certainty, and

(34:37):
on efficiency, and all of those things are really really
critical when you consider just how complicated the legislative and
regulatory environment is for our fishing industry.

Speaker 3 (34:48):
Some critics would say they'd see the words loosening of
catch regulations and go, can we actually afford that for
our fish stocks?

Speaker 21 (34:57):
Look, the focus on sustainability, nothing about that, it's going
to change. So our Fishing Act it provides for utilization
of the resource, but ensuring sustainability, and that doesn't change.
As I say, so no one has to be concerned
about that. And reading through that document you'll see just
how big the focus is on sustainability. But what I

(35:19):
would say is that the changes in the setting of
PACs are totally allowable. Catches is keeping pace with the technology,
so we have more information that we can input into
those decisions, and therefore we can make them more quickly
and in a more agile way.

Speaker 3 (35:35):
The proposals also say that boats can release unwanted fish
back into the sea rather than bring it to shore,
but only if they've got a camera on board or
an observer. Is this better because it doesn't it sounds counterintuitive.

Speaker 21 (35:49):
No, no, that is definitely better better for us, better
for the fish, and better for the environment. So the
situation there, of course, is that at the moment, if
unwanted fish and there's only a small amount there, but
if there's unwanted fish that come on board at the moment,
the situation is that has to be taken back to
land where it is disposed of in the landfill. But

(36:12):
as you say, for those where where there's cameras on
board or there are observers, it's going to be possible
as the result of being able to verify that those
fish can be put back into the fee so that
they can be part of the ocean food web.

Speaker 18 (36:25):
But I have to.

Speaker 21 (36:25):
Emphasize that they're not being dumped. These fish are counting
against the annual catch entitlement of the fishes, so they
have to pay for them. Of course, there's no incentive
to do anything other than minimize anything other than target catch, and.

Speaker 3 (36:39):
That's why you have to have a camera on board
or an observer, so we can actually count the unwanted
catch and make it count towards the fish's annual canter entitlement.
The whole camera thing that's right, the whole thing, camera thing.
At the moment, anyone can access camera footage from fishing
boats via the OIA Official Information Act. That's stopped. Why
was that a problem?

Speaker 21 (37:00):
This is a really really big problem for privacy. So
just bear in mind that the boats are the workplace
of our fishes and our industry, but in many cases
they're also home for extended periods of time. So there's
a privacy issue here. But not only that, Unfortunately we
see some pretty bad behavior and attitudes towards our fishes
who are bullied and verbally and sometimes physically abuse. Now

(37:23):
we don't see that there is any need for camera
footage to be available to public because our regulator is
the one that will check the camera footage and if
there has been a transgression, then that will be dealt
with through the appropriate channels.

Speaker 20 (37:37):
Would or public to have access?

Speaker 3 (37:39):
Would you have wanted the cameras to be ditched completely?

Speaker 21 (37:43):
The cameras are here, and what we would like to
see is that the information and the data that we
can derive from those cameras is used in a clever,
smart way to make our businesses more efficient and more sustainable.

Speaker 3 (38:00):
I thank you so much, Lisa is the Seafood New
Zealand CEO. It is twelve after five, Andrew dickens, Okay,
this is shocking. An urgent investigation is underway in New
South Wales. A video has appeared on social media that
shows nurses bragging about killing and refusing to treat Israeli patients.
Have a listen, let's say, let's say an Israeli.

Speaker 8 (38:23):
God them up to them, you'll kill them.

Speaker 22 (38:27):
So if an Israeli is in Australia and that's forbid,
something happened to.

Speaker 8 (38:31):
Him and he comes to your hospital, would you kill him?

Speaker 22 (38:35):
Okay, you have no idea how many Israeli A dog
came to this hospital and.

Speaker 3 (38:42):
And then the guy makes a throat sitting gesture. Police
have been called in. Prime Minister Albanezi has described the
footage as sickening. Australian correspondent Andrew McFarlane is with me,
Hello Andrew, Hello, how are you good? Where did the
video come from?

Speaker 23 (38:57):
Yes?

Speaker 24 (38:57):
This video popped up on Instagram this morning and certainly
sent shockwaves through. It's sort of shot like a chat
roulette video where there's a social media personality and his
whole shtick because he goes around on this Roulette at
and talks to people from around the world. When he
stumbles across these two New South Wales Health employees who
are on the night shift at Bankstown Hospital, he starts

(39:18):
talking to them and when the pair in the video
discover that he is Israeli, that is when this discussion
starts between the two of them. And obviously those shocking
comments were made which have been allegedly labeled anti Semitic
by the police here by Anthony Albanesi, the Premier and
health officials as well.

Speaker 3 (39:34):
What do we know about the nurses?

Speaker 24 (39:36):
So the two of them were wearing these blue uniforms
with New South Wales Health logo. They've been working in
the Health department here for some time. One of them
is from Afghanistan but has moved to Australia several years
ago and become a citizen. There's a slightly strange situation
here where because the two of them were working the
overnight shift, they may technically still be asleep at this hour.

(39:57):
So while the Health department said they've been stood down
in their line to be fired, the pair of them
may not actually know that just yet.

Speaker 3 (40:03):
Is there any truth that they actually did something terrible
or is this a braggadoccio or is there any evidence
of any patient harm.

Speaker 24 (40:11):
At this stage there is no evidence. New South Wales
Health was pretty quick to say that they are obviously
testing those comments made allegedly by the pair in this video,
but at this stage they say there is no evidence
that anyone's either been denied treatment or killed in a
New South Wales Health facility because they are Israeli.

Speaker 3 (40:29):
There have been a number of stories of anti Semitic
attacks in Australia, anti Semitic words and sentiments over the
past few months. It seems to just be growing. So
the pressure is on is it being stopped?

Speaker 24 (40:43):
Well, that's the question Anthony Albanezi is facing daily. We've
had here in Sydney. There was a period of a
few weeks but almost every single day, certainly every single weekend,
the Jewish community in Sydney was waking up to these
pretty shocking comments, these bits of graffiti across their buildings,
their synagogues as well. They have taken a bit of

(41:04):
a downturn recently, but it's taken a lot of police
resourcing and a lot of messaging as well. This is
a very high profile incident and this is probably going
to attract a lot more international attention than the past ones.
And Anthony how Albanezi is facing accusations that he's going
soft on anti Semitic attacks. This isn't going to help
that narrative around his leadership.

Speaker 3 (41:22):
Currently, Andrew McFarland, I thank you for your time. It
is now five point fifteen at the Big story out
of Oneicut. No mcdee's, no Mackers, no, no Big mac
text from Ron Andrew Kaikura managed to block makers to
save their awesome, little niche food outlet. So I'm glad
they did so we can enjoy their awesome food. If
I opened on the main drag, visitors would breeze through
and miss out on the village atmosphere. So he supports Ononica.

(41:45):
Another person says hold on McDonald's is an owner operator,
so they are denying a prospective or current resident employer
that's from Clive Employment. And another Chris comes on and
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(42:08):
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(42:50):
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(43:11):
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It's the big story. There will be no McDonald's and Wonica,

(43:32):
at least not anytime soon. The fast food giant's consent
application has been declined by commissioners. They said the proposed
development will be at odds with the town's rural living
environment and activities. Three hundred and sixty seven public submissions
were made, most of them against the McDonald's. Quentin Smith
is Queenstown Lakes District Deputy mayor and a one ACA local. Hello,

(43:53):
Quentin good Ay here you going good? Are you four?
Or against?

Speaker 20 (43:58):
Well?

Speaker 23 (43:59):
Look at it? Well you take a side, but I
think that you know from councils, suspect from from planning.
This was the discussion about location, probably not so much
about fast food.

Speaker 3 (44:12):
Is Oneica still really rural living.

Speaker 23 (44:17):
Well parts of it are. And this is the point that,
like I said before, there may be parts of town
where this activity might be appropriate. And if this was
within a commercial within the town center or within a
commercial zone within the town, I there say there's very
little that any anybody could do to stop that.

Speaker 3 (44:37):
Was it within one hundred meters of a mighty team
mega or warehouse in the New World?

Speaker 23 (44:42):
No, not within one hundred meters, but it's not too
far away. But it is right on the on the right,
on the intersection and edge of the edge of town.

Speaker 3 (44:52):
It's not okay, I didn't I have a measure. I'll
tell you. I'll it's right beside Mount Iron. It's right
beside the intersection. You go down the intersection to three,
maybe it's two hundred and fifty meters and then there's
a whole lot of concrete car parks. So what's wrong
with that place for a mcde's.

Speaker 23 (45:08):
Well, look, that's not for me to determine. But the zoning.
You know that the planning assessment is based on the
zoning that it currently is and the Polish isn't objective
as this district plan and the commissioners found that that
was inconsistent. Look, if it was on a directly next
to my mile attend and it was on a commercial land,

(45:28):
that assessment would be need.

Speaker 10 (45:29):
To be made.

Speaker 3 (45:30):
Have McDonald's been told that that if they moved there
so they will probably get consent?

Speaker 23 (45:36):
Well, look, I think that's pretty obvious to any professional
planners that the bust that that if they complied with
the zone rules and a commercial zone, they wouldn't.

Speaker 3 (45:48):
Are you still with me or have you disappeared off
for a burger?

Speaker 2 (45:51):
No?

Speaker 23 (45:51):
No, I am here, I am here.

Speaker 3 (45:53):
Oh good god, you just actually dropped off a little bit. Sorry,
that's okay, It's okay, okay. So it's all about proposed
mister gay measures. People who complained about it said, all
the planting and the bounding arms enough, and the building
and the signage and the lighting in the parking areas,
and they do not align with the communities objective to
protect and enhance our natural landscapes. Where they bang on

(46:13):
with that or are they wrong?

Speaker 23 (46:15):
Well, look, traditionally in the ruts roon, if there is
an activity, even a house or that would be set
back from the road edge and they would use earth
mounting and planting or something like that to mitigate the impact.
It's fair to say that the McDonald's proposal was hard
against the road boundary and very little mitigation in place.

Speaker 3 (46:35):
All right, rentin your phone line's terrible. I'm afraid you
should actually invest actually in rural phones and phone networks
down there. So I'm going to leave it there. But
Quentin Smith is the Deputy mayor of the Queenstound Lakes District,
and the claim is made if they had a different site,
perhaps they might get some approval. What do you think?

(46:56):
Ninety two ninety two, it's five twenty.

Speaker 1 (46:57):
Three insight into today's issues. It's Andrew Dickens on Hither
duplicy Alan Drive with one New Zealand let's get connected
news talk.

Speaker 3 (47:09):
Sa'd be So this morning's breaking story was all about
caring a order putting limits on the debt areas of
renters using their service and their attempts to reduce their
client's debt to the state. And I thought the whole
thing was a no brainer. If you don't enforce these rules,
that's a path to even more poverty, a poverty trap.
As Kerrick said, anyone who thought this was a good

(47:29):
idea at the time, you don't make him pay it back,
that was exhibiting a false kindness because the thing about
debt is that it never magically disappears. So blame for
this whole thing has been sheeted home to the previous government.
Well that's fair enough, because it was a simplistic answer
to a complex problem. They were putting people into motels,

(47:50):
they weren't paying rent. They got into debt. But blame
must also rest on the public servants. Now, the case manager,
the regional manager, the national manager, and all the others
in the chain of bureaucracy charge with dealing with the
issue had a chance to say, look, you're getting into debt,
but they didn't. Did the minister know, did any of
the politicians know?

Speaker 23 (48:09):
No?

Speaker 3 (48:10):
And I would say that those public servants were careless
with the public purse. And in talkback on the topic
today we heard from an emergency housing specialist telling a
story about a family that costs the state six hundred
thousand dollars over two years to be housed in a
motel for two years. That is eight hundred dollars a

(48:32):
week for a motel room. Somebody said yes to that. Again,
that's on the government because the buck stops there, But
it's also on the public servants and also on the
motel owner who was profiteering off the tax player and
who that person? You knew you were ripping off the state.
Surely remember you're a taxpayer too. You're ripping yourself off.

(48:52):
You're ripping off your mates. You're ripping off me. It's
the same when you hear the building a state house
costs so much more than a private bill. Someone else's
clipping the ticket because it's the government, But you're clipping
the ticket off my money that I've given to actually
fund other stuff. We are all asking the government for
physical prudence, but all that comes to nothing if we
the taxpayers, view the taxpayers through the government as a

(49:16):
cash cow. Meanwhile, Judith Collins I lectured the Public Service
the other day and said, do not treat taxpayer money
like it's your own money, and stop wasting money and
leave the acronyms at the door. We're going to talk
about this with Flurfit Simon's from the Public Service Association. Shortly.
It is coming up five twenty nine, and this is

(49:38):
News Talk.

Speaker 1 (49:38):
Zemb on the iHeart app and in your car on

(49:59):
your drive home, it's Andrew Dickens on Heather Dupers Alan
drive with one New Zealand let's get connected news Talks.

Speaker 8 (50:06):
It'd be no.

Speaker 3 (50:15):
Good afternoon to you. I'm Andrew Dickins. I'm into Ryan Bridge.
He's dealing with a family thing. He's gone for three
days and of course Ryan was in for Heather and
she's dealing with a family thing, which is a baby.
So she's gone for three months, and Ryan will be
back on Monday. I'll be here for the rest of
the week. So the oneicas McDonald's is getting a hot attraction.
A lot of back and forth on the text. Somebody says, Andrew,

(50:38):
you are way out of line. You don't live in Ononicad,
therefore it's none of your business. Well, if we all
took that attitude, nobody would talk about anything.

Speaker 25 (50:45):
But there we go.

Speaker 3 (50:46):
I go there enough, and I know where it is,
and I do have some opinions about it, and I've
expressed them. Meanwhile, the guy who does live there and
has been involved in the community at many different levels,
both in terms of commercial operations and in governance, has
sent me a text that says, Andrew, a coltext has
planned for the same site at the intersection off to hardware,

(51:09):
A coltext has planned for the same site. Will that
get approval? Well, well, I don't know, probably not. After this,
I'll be Then it's petrol, and everyone needs petrol. Nobody
complains about petrol. And then if you had a McDonald's
and a Coltex on that intersection. Wouldn't that automatically start
making it a semi industrial site and therefore everybody will

(51:29):
be pleased. So it's all about the future, Wanica. It's
all about the future. It is twenty two to.

Speaker 8 (51:35):
Six Andrew Dickens.

Speaker 3 (51:38):
The new Public Services Minister, Judith Collins, has told public
sector bosses to stop wasting money and leave their acronyms
at the door. She made a speech to all the
public service leaders yesterday. She said, I want you to
cut down on the gob of degook. I want you
to treat taxpayers money like your own. I want you

(51:59):
to embrace the Prime Minister's culture of Yes. So flur
fit Zimon's is Public Service Association National Try that again.
It's a run up because it's a long title. Flur
Public Service Association Acting National Secretary and joins me, Now,
so did you get a telling off?

Speaker 6 (52:19):
No?

Speaker 9 (52:19):
I don't think so. I think the Minister was had
elements of kind of performative nature to what she was saying.
There's a lot to agree with in her speech though
she talked about using plain English. She talked about the
importance of free and frank advice and the value of
public servants. It's a bit rich to hear some of
that from a government though that has cut so many jobs,

(52:41):
and we know that New Zealanders are really feeling the
impacts of that.

Speaker 3 (52:45):
They've cut jobs because they believe that government spending is high.
They believe government spending is high because I believe government
money is being wasted, and they believe the people doling
out the government money in many cases are in fact
public servants.

Speaker 9 (53:00):
Right, and we fundamentally disagree with that. And actually what
we need to see is more investment in our public service.
We're dealing with complicated, difficult issues like climate change, and
we're a coastal nation. We are going to need the
best and brightest working on these difficult issues to make
sure that New Zealand can protect itself and deliver its
emission reduction targets. And it's just one example. There are

(53:22):
many such complicated issues that we need public servants working
on every day and we need to keep the best
and brightest here in New Zealand.

Speaker 3 (53:30):
Yes, but the Minister also said that New Zealand did
not have the economic growth to support the thirty four
percent increase in the size of the public service that
happened between twenty seventeen and twenty twenty three, and you
do have to be proportionate, don't you.

Speaker 9 (53:45):
Yeah, we don't really agree with her figures there. Actually,
if you look at the size of New Zealand's public
service compared with Australia or the United Kingdom, is a
proportion of the population, it's broadly similar. But also it's
worth remembering that during that period we did have an
increased number of public servants working on COVID, and nobody
would disagree that the important work they did to save

(54:08):
lives shouldn't be invested in. So look, there has been
some very damaging cuts and the cuts have been damaging
for those individuals and their families, but also for the
capacity of our public service to deliver the policy needs
and policy implementation for the government of the day.

Speaker 3 (54:27):
Do you feel like the previous government has been carrying
the can for all of this because perhaps they weren't
well served by the public service.

Speaker 9 (54:35):
Now I think we've got a very professional public service.
In fact, New Zealand's public service is known as one
of the least corrupt.

Speaker 20 (54:42):
All over the world.

Speaker 9 (54:43):
We don't have a problem with corruption, we have good transparency,
we have strong public servants, giving free and frank advice
to governments of the day in a politically neutral way,
no matter who's in government.

Speaker 3 (54:54):
Well, very good. I thank you for your time today, flirforit. Simons,
who is the Public Service Association Acting National Secretary? I
thank you for your time. It is eighteen to six
The Huddle with.

Speaker 1 (55:05):
New Zealand Southerby's International Realty, local and global exposure like no.

Speaker 3 (55:10):
Other jactating from Saturday mornings on news Storks at B
and Sarah Trumpman from Business Mentors join me. Howll the
guys killed up? Oh us right? Sarah? Are you there?
I sure am, And that's very good. So Judith Collins
told off the public service? What did you make of it?

Speaker 20 (55:26):
Jack?

Speaker 10 (55:28):
Look?

Speaker 26 (55:29):
I think flu is entirely right. I think there was
probably an element of political theater involved in Judith Colins statements.
And when it comes to political theater, there are a
few masters of greater talent than Judith Collins. That being said,
at the core of the message I think are entirely
reasonable points. Yes, I think sometimes the public service can
get a bit grandiose in some of its language, and

(55:50):
especially given the current fiscal conditions we all face. The
economic conditions we all face. I think it's absolutely incumbent
public service public servants spend taxpayer dollars wisely. That being said,
I don't think there are too many recent examples, at
least during this term and government, of you know, gross

(56:12):
spending from government departments or public service that might raise
the ire of the taxpayer. You know, I recall a
couple of prime examples in the last couple of years
from farewell Who's and celebrations and birthday parties and things
where some tens of thousands of dollars well spent. I
think that sort of you know, that sort of attitude

(56:33):
has been stamped out. Probably wasn't terribly widespread to begin with,
But yeah, I think most public servants are probably on
board with the minister's comments. They probably didn't need the reminder.
I think that's for the rest of us.

Speaker 3 (56:44):
Well, what do you think, Sarah I actually thought when
I was listening to Flur, I thought, oh gosh, she's
she's saying no all the way through that there was
a lack of humility, that you know, she believed that
her point of view was more important than the ministers.
What do you think look to be honest?

Speaker 5 (56:59):
I found myself getting a bit irritated with her the
more she spoke. And you know, to Jack's point, with respect,
if somebody's throwing a thirty thousand dollar farewell for a
CEO and they think it's okay, one wonders about the
culture and an organization. When I heard JERF Collins warning

(57:21):
the public service, I thought, hallelujas, here's a politician that
understands the blood, sweat and tears that goes into making
a dollar. But I also noticed that she called on
the public service to embrace innovation, specifically AI, and to
be championing high standards and on all for that. But look,
I think she's always been a great servant of the people.

(57:42):
She's always got the people at heart. We the tax
person spends what six billion dollars on salaries for people
in the public service, As Furst said, I think it
was blursted that's gone up thirty four percent and it's
got to come back down. Many of these people are
but it certainly doesn't hurt to encourage them to spend

(58:03):
our money as if it's their own.

Speaker 27 (58:04):
Yeah, okay, Sarah can that's just so one thing I
think I think we do like run into danger of
turning public servants into the enemy kind of unnecessarily, like
turning this cultural war that doesn't need to exist.

Speaker 3 (58:19):
I mean, Jack, I don't know how much you've dealt
with them. Some of them are the enemy, some of
them are actually they've got such a political belief they
stop stuff at.

Speaker 26 (58:27):
Actually, I actually think for the most part, so that Look,
there are bad actors in every organization, everywhere, whether it's
the private sector or the public sector. I think for
the most part we can be thankful that in New
Zealand we have a relatively politically neutral public service. I'm
not saying it's perfect, but I think for the most
part it's pretty good. And I think for the most part,
the vast majority of people working in the public service

(58:49):
are not working there because they're expecting to make millions
of dollars or.

Speaker 27 (58:52):
Anything like that and everyone else off.

Speaker 3 (58:56):
I agree with you on that they are woefully underpaid.
If you go to Singapore, then the highest paid people,
you know, they are woefully underpaid and pay peanuts. You
get monkeys. But look, we're got to get on to
the big story of the day, which is one, and
it's McDonald's. It's next, it's fourteen to six.

Speaker 1 (59:12):
The Huddle with New Zealand Sotheby's International Realty Elevate the
marketing of your Home.

Speaker 3 (59:18):
On the Hell of Jack, Jack Taymer and Sarah Trupman
and I'm Andrew Dickens right. Oneicer has told Macas it
won't be allowed to build a restaurant in the town.
We talked to the Deputy mayor. He suggested that maybe
it was a better site. It could be, it could happen. However,
i've read the decision. I never read any of that
in there. What did you guys make of the decision? Sarah?

Speaker 5 (59:38):
Oh, look, I wasn't surprised by it. The vast majority
of those three hundred and fifty submittives and that's quite
a high number for this sort of consultation, they were
opposed to it. But I do wonder about it. I think, yes,
the commissioners do need to consider the district plan. These
things are usually widely consulted on. But for me, I wondered,

(59:58):
where are we're the property rights set in the priority
of things. And I also thought it was interesting that
McDonald's spent more than a year navigating the Rima, making
major concessions throughout the process, and you've got to wonder
what sort of message we're sending on the ease of
doing business in New Zealand.

Speaker 3 (01:00:17):
Jack, Wait, reckon, I know you're a keen tramp and
you go at the mountains and boy, there's nothing like
a quarter pounder when you've come down from mount to
spot help.

Speaker 26 (01:00:25):
Far be it from me to jump on the side
of the big fast food franchisers. In fact, I think
it's eighteen years at least since I had my last
meal from McDonald's Andrew, But I think with the decision,
so the locals raise concerns about the esthetic essentially right,
and McDonald's tried to meet them halfway. They said, right

(01:00:47):
for starters, we won't operate twenty four hours a day
just by our original plan, or reduce the opening hours,
and they even reduced the size of the golden arches
of the logo as far as I understand it. So
I don't know, like I say, far for me to
come down the side of the big brands. But I
reckon it's a little bit snooty. I reckon it's just
a little bit snooty.

Speaker 6 (01:01:06):
And you know.

Speaker 26 (01:01:08):
That maybe there'll be another opportunity for another operator to
come in and perhaps McDonald's to have another crack if
they find another location. But yeah, I'm on McDonald's side
on this one.

Speaker 9 (01:01:18):
Yeah.

Speaker 3 (01:01:18):
And here's the thing, didn't the payment is to say,
we've got to stop saying no.

Speaker 26 (01:01:23):
Yeah, right, aren't we all pro growth now? Aren't we
saying yes to these things? Aren't we getting sick of
how long it takes stuff to get through the planning process?
I mean, Wanaka has that classic small town thing. It's
the same thing that they had in Queenstown over the
Hill about twenty years ago.

Speaker 1 (01:01:35):
Right.

Speaker 26 (01:01:35):
One of the charms is that it's a really beautiful
small town in an idyllic location. The problem is that
you get heaps in New Zealanders who go, hey, here's
a beautiful small town, an idyllic location, let's move here.

Speaker 11 (01:01:46):
Right.

Speaker 3 (01:01:47):
Well, I know, well that the old town is like
the old town, but the new town, Northlake and all that,
that's a new town. And there's lots of young families
who have moved there. There's over thirteen thousand people living
in the place. The place is coming on to being
a city, and it's going to be a city without
a McDonald's if they're going to say they've got to
McDonald's in Gore, so come on now. Anyway, New Zealand

(01:02:07):
has slipped to it's worst ever ranking on the Least
Corruption Country list. Than there's conniptions about this because we're
now in spot number four, which is still quite good
or is it not. I don't know, what do you think, Sarah.

Speaker 5 (01:02:20):
I think we should be very worried about it, not
so much that we sit at number four, but more
the trend of perception of our integrity trending downwards. We're
a small country, a long long way away from our
export markets, and I just don't think we can afford
to be complacent about the quality of our reputation. And
I think, also, Andrew, one of the things we've got

(01:02:42):
to remember is that the CPI isn't reporting the views
of Joe average. These views are views of thirteen expert organizations.
And I think also we need to think about the
fact that two thirds of countries have a score of
less than fifty out of one hundred, and there are
billions of dollars of climate funds at risk of being

(01:03:05):
stolen or misused within these countries, And you know, you
just need to look at the last year in climate
change conference and a number of oil and guests, lobbyists
that we're calling all over that.

Speaker 20 (01:03:16):
So I think this is the biggest news of the day.

Speaker 3 (01:03:19):
Oh okay, and Jack, Yeah, look, it's serious, right.

Speaker 26 (01:03:22):
I know you're out of time, Andrew, so I'll just
say this. I think the ranking doesn't matter so much
as the trend. And actually there are a couple of
areas that we could tidy up in New Zealand and
make a big difference.

Speaker 3 (01:03:31):
Some of the rules around lobbying.

Speaker 26 (01:03:33):
Top of the list for me. And if we're trying
to attract international investment, having a really really strong reputation
around corruption is absolutely vital because any company or person
that's coming into New Zealand wants to spend money here
developing a business, of developing our opportunity opening McDonald's and Wanaka,
wants to know that they are doing it on an
equal playing field. They want to know that there's no

(01:03:54):
one else who's getting a secret advantage. And that's why
I think this is so important.

Speaker 3 (01:03:57):
Thank you so so much to both of you. That
is Jack Tame and Sierah Trupman. That's the huddle. This
is news talks here.

Speaker 1 (01:04:02):
B it's the Heather Tuper c Allen Drive Full Show
podcast on my Art Radio powered by News Talks.

Speaker 8 (01:04:09):
It be.

Speaker 3 (01:04:11):
News Talks here. B Martin reckons I'm out of touch
when I say that many public students are underpaid. He says,
the public services full to the brim with those who
are overpaid. No, I disagree with that, Martin. Some are,
some aren't. For instance, Health New Zealand. If you're in
charge of Health New Zealand, you're in charge of eighty
thousand workers. Eighty thousand workers. Margie Appa got eight hundred

(01:04:32):
and ninety five thousand dollars for the privilege of that.
If you're in charge of Fonterra, well there's a lot
of export stuff on that, you get six million. You
look at almost all the companies around the place. They
don't have the staff that. Of course, the public students
have to deal with it, and they are paid much
much more. I could talk about my boss and his
salary at how many people he runs, but I'm not

(01:04:54):
going to because I like working here anyway. I'm going
to talk very shortly to Victorious Short, who is the
ASB CEO. They released their profit today. It's up a
little bit that might be an indication of green shoots
and the recovery. And if there is green shoots, how
long will this recovery take. So Victoria Short asb CEO
is my next guest as we get into the business

(01:05:15):
sector of Heatherton PC Allen's Drive show currently hosted by
Ryan Bridge, who is in the family thing right now.
So I'm Andrew Dickins filling in and back after news
and sporting.

Speaker 8 (01:05:30):
For your family.

Speaker 2 (01:05:32):
But this.

Speaker 19 (01:05:36):
Dot I'm willing, but then stamm where a show you
the daughter.

Speaker 8 (01:05:45):
Fam where.

Speaker 1 (01:06:13):
We're business meets insight, the business hours with Andrew Dickens
and Mayor's Insurance and investments, Grow.

Speaker 8 (01:06:22):
Your wealth, protect your future. Us talks end be's.

Speaker 3 (01:06:28):
Well, good afternoon to you and thank you so much
for joining us. My name is Andrew Dickens, fill again
for Ryan who's doing some family stuff at the moment.
He'll be back on Monday. I had a text through
from Bob and many other people are asking about Heather.
I talked to Barry Sopa about Heather and I said
we really need to talk about hither and the baby,
and he went all okay, And so we've made the
agreement to talk about hither on Friday when Barry does

(01:06:52):
his political summation at about a quarter to five, So
join me then. She's great, by the way, and so's mackay. Anyway,
I've got some big news for you about the City
rail link, but that's later in the program. Right now,
ASB has declared a net profit after tax of seven
hundred and sixteen million dollars for the six months to December.

(01:07:13):
That is up one percent on the same period the
year before. The bank says home and rural lending grew,
but operating expenses have increased for everybody. It comes as
the government's investigating banks and whether they're competitive enough. So
I'm joined now by the asb's CEO, Victoria Short. Hello Victoria,
Hi Andrew, how are you good? Nice little tick up

(01:07:34):
from last year and so can we take from that
at corner has been turned in the economy.

Speaker 22 (01:07:39):
Yeah.

Speaker 20 (01:07:39):
Well, the way that we're describing it is we think
that the economic recovery is beginning, and we know that
inflation's back in target range. We know that the ocr
or infrastrates and moving downwards to more neutral levels. And
what we can see is that our customers who have
been doing it taugh in our stress are really helping actions.

(01:08:01):
They're taking the actions that we can take to support them,
and so we are studying to the customers moving out
of stress situations.

Speaker 3 (01:08:09):
You have described any future recovery as gradual. What do
you mean by that?

Speaker 20 (01:08:15):
It takes time for some of these things to flow through. So,
for example, about eighty percent of our business or rural
customers have been on variable loans, and with variable loans,
we pass through those cash rates very quickly. But we
know that, for example, people with home loans are mostly
fixed and around forty five percent of our fixed blending

(01:08:38):
to homeowners will they will go into a lower rate
by June and about seventy percent by Christmas. So it's
taking some time for the benefits of these lower rates
to flow through and be felt by our particular homeowners.

Speaker 3 (01:08:53):
You've also described it as the most difficult economic cycle
and a generation. So how bad has it been that
it's worse?

Speaker 20 (01:09:01):
Yeah, I think you know what I say. Well, the
way that I'm really thinking about that is the global
financial crisis had some serious impacts around the world, but
wasn't stelt as much in New Zealand. When we think
about what we've gone through recently with COVID and all
of the challenges with lockdowns and and the like. It

(01:09:24):
has been a really difficult period for businesses and households alike,
and they've been making a lot of adjustments. So that's
why we say that it really has been a particularly
difficult period and then also a lot of confusion. You know,
rates have gone down quickly, they've come up quickly, they're
going back down again, and so key decisions around lending

(01:09:49):
and when to fix the weather to float. It's been
quite confusing for people.

Speaker 3 (01:09:53):
Now you've been dropping interest rates. Your lowest rate is
currently the eighteen month rate that's at five point one nine.
When do you think we'll break the five percent barrier?

Speaker 20 (01:10:02):
Yeah, so hard to tell. I think you know what
we're saying. You know, our economists believe that we'll see
a fifty point decrease next week with the ocr call,
and we're expecting another two twenty five drops, so one
hundred basis points decline in the cash rate for this year.
So that's our expectations. But we're also quite quick to say,

(01:10:25):
you know, people need to be thoughtful because interest rates
can change depending on world events, and we've seen a
lot of that over the last few years, so we
need to.

Speaker 3 (01:10:35):
Be cautious to Now Shane Jones is waging a war
against what he calls woke banking. So what do you
make of his bill? It would limit who you can
do business with.

Speaker 20 (01:10:45):
Yeah, look, I think you know, he's posing some good
questions that need a discussion, and I think it's important
that to start with, New Zealand has set a net
zero target and the government has actually reconfirmed its commitment
to that target. So it really that's there.

Speaker 6 (01:11:01):
You know.

Speaker 20 (01:11:01):
For ASB the way we think about it, it's about
supporting our customers and how they transition. So for our
customers who are fuel retailers, you know, this transition is
front and center of their business planning and thinking, and
we want to support them with those transition activities.

Speaker 3 (01:11:18):
But a service station operator who's just trying to do
an honest business and catering for a need that exists,
feels are done by well, we're.

Speaker 20 (01:11:27):
Supporting those customers. I guess that's the point I'm trying
to make. You know, we support fuel retailers, we continue
to and it's part of what we see is our
job in supporting a transition open banking.

Speaker 3 (01:11:39):
Now, the government is very hot on this. Have you
got it running? And if you do, oh you have
that's good people using it.

Speaker 20 (01:11:47):
Yes, so open banking. So yes, we delivered the whole
industry delivered two big APIs as we call them. So
that's the interfaces or technology interfaces between ourselves and our
customer's information and FinTechs. In essence, we have five FinTechs

(01:12:07):
that are live using those that technology if you like.
But I guess one of the things that we noticed
from around the world is open banking just really hasn't
had significant take ups. So what we want to make
sure we get right is the safety of customers, data
and information that's really.

Speaker 3 (01:12:26):
Important, and education obviously. And finally, you are a CEO
of a very big company which has international ownership. Do
you have an opinion on New Zealand's corporate tax levels
and whether they should be lowered and if they were,
would that attract more foreign investment?

Speaker 2 (01:12:42):
Yeah?

Speaker 20 (01:12:42):
Look, I think there's quite a lot in that question.
But you know, the government, the government's job to understand
tax and make the appropriate settings based on how it
says the box. So I think I'll leave that sort
of job to the government. But I do think that
point around foreign investment is a really important one to consider.

(01:13:04):
New Zealand really needs international investment and I think it's
important to make sure we're not sending mixed signals.

Speaker 3 (01:13:12):
Very good Victoria Short, the CEO of the ASB, I
thank you for your time today. The time is now
six fourteen. Here's the big news about Auckland City Rail Link,
the crail, the trains under the tunnels. They're actually going
to have trains running in the tunnel tonight. It's the
first test run of trains through the tunnel, so we're
getting there bit by bit. It's a three point four

(01:13:33):
to five kilometer journey and it's going to be slow.
They're going to run the trains at about five kilometers
an hour and technicians are going to be on board
to complete their first round of checks underground. So tonight
is a major miles stone. It might actually happen. Six
point fifteen. Jane Tip trainee is actually with me in
a few moments time, and we're going to talk about

(01:13:53):
some reviews into the running of the ACC that's next
here on zeb.

Speaker 1 (01:13:59):
It's the head supers Allen Drive Full Show podcast on
iHeartRadio empowered by News.

Speaker 3 (01:14:04):
Talks EPPI News Talks B. It is seventeen minutes after
six and the government's announced not just one, but two
reviews into the running of ACC and consultants will look
into ACC's operational performance and its investments.

Speaker 2 (01:14:18):
Now.

Speaker 3 (01:14:18):
Janete hips Freni is The Herald's Wellington Business editor and
joins me in the studio. Hello, Jay, you good? He Andrew,
all right, why is there reason to believe that the
Accident Compensation Corporation's investment decisions are not the right ones?

Speaker 28 (01:14:34):
Well, that is a good question. ACC has actually been
reporting pretty good returns in the past year at its
returns worth seven point twenty six percent. Since nineteen ninety two,
on average, its returns have been just over nine percent,
so it's been beating its benchmark over the years. Those
are pretty good returns. But Commas and Consumer affairsman are
stand also the Minister for ACC, Andrew Bailey, he is

(01:14:57):
wary of the fact that ACC basic he doesn't have
enough money to meet all of its claims liabilities.

Speaker 10 (01:15:04):
Now.

Speaker 28 (01:15:04):
ACC is seven billion dollars in deficit at the moment.
You know, that is really big and that is weighing
on the government's books substantively. Listeners might recall that Nicola Willis,
the Finance Minister, was so wary of this that she
got the Treasury to introduce a new way of reporting
the government's surplus or deficit called ober gal X to

(01:15:25):
exclude ACC because ACC's deficit was weighing so heavily on
the government's books. You know, it makes the government look bad.
So Andrew Bailey is trying to do what he can
to figure out, well, you know, what are the issues
and what can be improved. Now, one of the things
is the investments he wants to He's getting these consultants
and to look to see are they using the right approach,

(01:15:46):
what's the governance like, so on and so on? Are
they focusing too much on investing in clean things? That
was something he suggested to me. You know, carbon emissions.
Are they too fixated on that? So it'll be interesting
to see what comes of that now, you suggested as well.
The other thing they're looking at is the way ACC operates,
you know, the claims management. Are they letting people stay

(01:16:08):
in ACC for too long?

Speaker 3 (01:16:09):
Right? Okay, So what are the consultants expected to do?

Speaker 28 (01:16:13):
Well, there's a long list of things they need to do.
Andrew Bailey said that he ultimately, whatever came of this,
he's not going to tell ACC this is how you
need to invest the money. It's fifty billion dollars of money, right,
that's the size of the portfolio. It's a lot of money.
But I guess if there are any constraints he's used
the word constraints preventing ACC from maximizing returns, he wants

(01:16:37):
to remove those. My opinion is that the bigger issue
here is actually around claims management. It's the fact that
people are staying on ACC for longer, They're taking longer
to get rehabilitated to get back to work. You know,
that might bring up some bigger questions around the health system.
Is it taking people too long to be seen?

Speaker 3 (01:16:55):
And court decisions in seeing that ACC has expanded responsibilities
and liabilities totally.

Speaker 28 (01:17:02):
So that is a huge factor. There've been a number
of court rulings, one of which relates to people who
can't work because of injuries suffered when they were children.
This court ruling means that ACC reckons about an additional
one hundred thousand people might become eligible for ACC cover
for compensation due to this court ruling now that should

(01:17:24):
bring ACC's claims liability up by about three point five
billion dollars.

Speaker 3 (01:17:30):
That's just the one court ruling.

Speaker 28 (01:17:33):
So so you know, Andrew Baty said to me that
she looking at what ACC covers, the scope of its
coverage is not something the reviews are going to cover.

Speaker 3 (01:17:43):
It's a huge, huge story and you're covering it so well.
And I thank you so much to natim trying you
think you It is now six twenty one for the
asset management on asset stuff and investment stuff is next.
So look, we all do it. We do it every day.
We overthink big things, things like job and security and
mortgage rates in that lump in our neck, and we

(01:18:03):
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Speaker 1 (01:19:02):
Inz crunching the numbers and getting the results. It's Andrew
Dickens whim of the Business Hour and MAS Insurance and Investments,
Grow your Wealth, Protect your Future News talks eNB.

Speaker 3 (01:19:16):
It is now six twenty five and Jeremy Hutton joins
me from Milford Act Management.

Speaker 22 (01:19:21):
Hello, Jeremy, good evening, Andrew.

Speaker 3 (01:19:24):
Reporting season kicked off this week with Vulcan Steel. So
what are we expecting for the financial results of inside
X Companies and Artilla. We just had the result from
ASB which is a tick up and people are saying, oh,
that might be you know, a suddenly a sprout of green.

Speaker 20 (01:19:40):
Yeah.

Speaker 22 (01:19:41):
Vulcan Steel they kicked off what will be a very
busy three week period for INSIDEX stock market analysts, so
this should be a lot of newsflow coming out of
New Zealand companies over the next few weeks. So that'll
be really interesting seeing how they're seeing the world at
the moment. Now, this result period does cover the second
half of twenty twenty four, which prizingly the market has

(01:20:01):
pretty low expectations for now. Vulcan Steel their results confirmed
some of those challenges we're expecting as reference for listeners.
Vulcan is a steel and aluminum distributor based in New
Zealand and Australia, and their first half net profit result
was down sixty five percent versus last year and this

(01:20:21):
is now down from around eighty five percent from the
peak times that they had just after COVID.

Speaker 3 (01:20:27):
And this is before the steel and odymdium tariffs that
are coming in as well. But Vocus Steel had some
very interesting comments yesterday on their outlook for twenty five.

Speaker 22 (01:20:38):
Yeah, one of the most interesting aspects in my view
of the reporting season is it is a really good
chance to hear from a variety of New Zealand businesses
on their view of the go forward so what are
their expectations for twenty twenty five. And Vulcan Steel, as
we know, has been at the really pointy end of
a construction and building activity slowdown and this is a
really important part of the New Zealand economy. But they

(01:21:00):
finally had some more positive news. So the Vulcan management
team they were much more optimistic on their view of
the next twelve months. They are talking to tangible green
shoots that they're seeing and better customer orders in their
forward pipeline as well. So finally some good news for
that sector.

Speaker 3 (01:21:17):
Play to Buildings next week. Do you think they might
say something similar.

Speaker 22 (01:21:22):
Yeah, I'd say that Fletchers are unlikely to be as positive.
They have warm of the market up fairly well for
a tough six month period that's just been and the
business has been through a lot of change recently at
the senior leadership level, so a relatively new CEO, CFO
and the chair also just appointed fairly recently as well,
so they're all getting their feet under the table somewhat.

(01:21:44):
But the market won't have that much patience, you know,
they'll be expecting some pretty significant thinking from those senior
leaders on what the go forward plans for the business
are and further furthermore the New Zealand Convention Center another week.
It just highlights some of the challenges that Fletcher's is
continuing to work through.

Speaker 3 (01:22:04):
And we're expecting news out of the electricity gent tailors.

Speaker 22 (01:22:08):
Yeah, Contact Energy. They're kicking off the big electricity gent
tailors on Monday, and some of the gent tailor results
will be a little soft around the edges, you know,
some of them have been impacted by that very dry
end to the winter in twenty four Some of them
had to buy some very expensive gas to keep the
market supplied with electricity. I also expect the gent tailors

(01:22:31):
to announce a range of renewable projects. It's very important
that they continue to build more generation for the country
as it demands. And then finally, any comments that they
have on system resilience or gas that will be followed
very closely, especially by politicians. They will not be wanting
a repeat of some of the winter stresses that we

(01:22:53):
had last year.

Speaker 3 (01:22:54):
Is I've got some news on that after the news
which is up next. Jeremy Hutton from Milford Asset Management,
I thank you so much for your time, Day six
twenty nine.

Speaker 1 (01:23:08):
Whether it's macro microbe or just plain economics. It's all
on the Business Hours with Andrew Dickens and theirs. Insurance
and investments, Grow your wealth, protect your future, use talks,
feed in.

Speaker 8 (01:23:26):
Name and say.

Speaker 3 (01:23:29):
Evening to you. I'm Andrew Dickens and for Ryan Bridge,
and this is the Business Hour. We heard Jeremy Hutton
just now from Milford Asset Management talking about the gent
tailors and talking about how they may announce some new renewables.
Well they need to because here is a story that
happened today which hits New Zealand's ambition to become a
greener economy. The country's big four power companies are looking

(01:23:52):
to extend the life of Huntley Power Station. They want
to improve energy security. Genesis owns the station. It's agreed
with Mercury, Meridian and Contact to look at ways to
extend the life of the coal and gas fired units.
Now those units were due for retirement in the next
few years. This power station is getting old. Last winter's

(01:24:15):
energy crisis is the reason. You know, so say whatever
you want, believe whatever you want. Until we develop more
renewable and clean energy sources, then coal is here to stay.
Because you can't put the wagon before the horse. You
can't get rid of coal if you don't have the replacement.
And remember, if you want growth, growth, growth, growth, growth, growth, growth,

(01:24:37):
you need power, power, power, power, power, power power. All right,
on the way, Gavin Gray from the UK. But right
now we've got Patrick Smley from Business Desk. It sounds
like New Zealand First has come to the party when
it comes to overseas buyers of property and Patrick, a
Business desk is reporting New Zealand First to set to
agree to allow wealthy people to buy homes above a

(01:25:00):
certain threshold, reportedly five million dollars. So Patrick Spley from
Business Desk is with me. Now, Hello, Patrick, Hi, Andrew.

Speaker 18 (01:25:08):
I'm sure I'm not the only person who's written there.

Speaker 3 (01:25:10):
You know, well, okay, do we know that the threshold
is five million dollars?

Speaker 18 (01:25:16):
We don't know that, and in many ways do pervoty
yds with you. I think the more important thing is
that New Zealand First has agreed to a set of
reforms to the Overseas Investment Regime and so act. And
it seems to me that that's actually even more significant
than the residential property thing, because that's what international investors

(01:25:41):
coming into the summit next month will be wanting to
know about. So it's almost like that summit has accelerated
a debate that had to be had at the Coutnet
table about how they got to that point, and all
this visa stuff is really supporting all of that, so
that people who might want to come here in the
course of making investments, we'll find that easier to do.

Speaker 3 (01:26:04):
Yeah, okay, I understand act absolutely, But New Zealand first,
that is a sea change.

Speaker 29 (01:26:11):
They have been persuaded over a period of time, and
Peter started talking about it last year, and I think
Shane Jones is particularly on board and has probably been
influential in changing Winston Peters's mind to a more nuanced
view about foreign investment.

Speaker 18 (01:26:31):
And as long as it's a reasonably toppy threshold, I
mean it was. There was a cartoon I saw in
a newspaper this morning which suggested that letting rich people
coming from from America or wherever by very expensive homes
would would increase homelessness. I thought, I don't really think
that's very likely. They're not going to be buying houses
that the average first home buyer is looking for. No,

(01:26:52):
they won't even be allowed.

Speaker 3 (01:26:53):
To Yeah, exactly, well five million god speak, you know,
here we go. So you've already mentioned, of course we've
got the summit. It's coming up very shortly, and this
is setting quite a good scene for the whole thing.
When you look at all the business settings that we
are presenting before these international investors. Are we starting to
look attractive enough?

Speaker 18 (01:27:18):
I doubt it, But I do think that there are
a number of things which start to come together, which
should start to come together, which maybe at the moment
they are a bit hard to see how they connect
because they're not the connections not happening. If you've put
a big list of fast track projects that need funding
in front of a whole bunch of people with lots
of money they want a deploy in safe countries to

(01:27:40):
do good things and hopefully make some money, then the
fast track and the infrastructure projects that the government has
on its own books represent a whole bunch of opportunities
for investments. So it's now becoming possible to think that
you could get it. If you think in these terms,
instead of it taking ages, it will be reasently quick

(01:28:01):
to get the thing underway. So yeah, I think to
some extent, but I think it's the reality is only
going to set in very slowly.

Speaker 3 (01:28:08):
But of course it means nothing if we don't actually
get people with investment capability, you know, and our higher
class of investment capability to come along. And they've been
very tight lipped about who's coming to the summit. I
interviewed Neck Leggett the other day from Infrastructure in New Zealand.
I said, mate, are you invited? And he went, I
don't know.

Speaker 6 (01:28:27):
Do you know?

Speaker 18 (01:28:28):
Do you live it? Signed?

Speaker 3 (01:28:29):
Yeah, I know exactly. I would have thought he would
have been number one or certainly high up there from
the New Zealand side. Do you know who's been invited?

Speaker 18 (01:28:37):
I know a few of the people have been invited,
and I have make educated guesses about others. I mean
New Zealand first is very keen on the on the
Singaporean Government's Sovereign Wealth Fund Temasek. I would expect them
to be there. We know that Morrison and Co. Which
is the company that manages in for till infrastructure Investor,

(01:29:00):
will be there and has invited other parties that they
deal with internationally to be present, some banks, some some
other uh. I think she's struggling to remember who the
hell that we know about? Oh, Black Frock. Of course
we kind of botted the copeople off of it. But

(01:29:20):
they will send a reasonably senior person, which is which
is which is good? I kind of thought they abandoned us.

Speaker 3 (01:29:28):
Really, Okay, Patrick, Yes, Black Rock is coming and that's
gonna that's going to put some wolves amongst the sheep,
is it not? Anyway, Thank you so much for your time.
Patrick's smile from Business desk. It is seventeen minutes to seven.
This is News Talks here being on the way. Kevin
Gray from the UK. As we look at europe news.

Speaker 1 (01:29:48):
Everything from SMS to the big corporates, the Business Hour
with Andrew Dickins and mayors, insurance and investments, Grow your wealth,
Protect your future, youth talks.

Speaker 8 (01:29:59):
That'd be.

Speaker 3 (01:30:01):
It's fourteen to seven ninety two. Ninety two is the
ticket number of small chat's applied. If you want to
say anything about anything that we're talking about here, I
like to welcome to the program. Kevin Gray from the UK. Hello, Gvini.
There Andrew a Palestinian family. They used to live in
Gaza have now been given the right to live in
the UK. It was not easy for them to get

(01:30:23):
that right.

Speaker 12 (01:30:25):
No, indeed not.

Speaker 30 (01:30:27):
And this is because they applied under a scheme for
Ukrainian refugees. I'll explain that in a minute. But the
ramification of this is now that this could open up
the floodgates form many many more from Gaza to say well,
if that's the case, then we can come to the
UK as well. The government has been contesting this. So anyway,

(01:30:49):
the mother, father, and their four children were aged. The
children aged between seven and eighteen, were displaced after their
home was destroyed by an airstrike in the Israel Hamas War. Now,
they applied to the UK using the Ukraine Family Scheme
because they said there was no other way that they
could apply for refugee.

Speaker 12 (01:31:10):
Status in the UK.

Speaker 30 (01:31:12):
So they applied under that Ukrainian scheme to join the
father's brother who's lived in the UK for seventeen years
and is a British citizen. Their application was refused. The
Home Office here said that the requirements of the scheme
were not met. The family of six have been granted anonymity.
They had an appeal dismissed. However, they then went to
another appeal and are the article eight of Yes, you

(01:31:34):
guessed it. The European Convention of Human Rights, which protects
the right to family life. The judge there decided they
should absolutely be allowed to stay in the UK because
their lives were at risk. As I said, now we
get the government here saying they are going to contest
this and other applications that now come in.

Speaker 3 (01:31:52):
Okay, interesting, interesting, But it shows the desperation of the
Palestinians that they look at a creative way of actually
becoming a fugi.

Speaker 12 (01:32:01):
Yep, yep. Absolutely, and their needs and desperate desires too. Yeah.

Speaker 3 (01:32:05):
Okay, Now tell me about the WhatsApp scandal that's coming
out of Manchester.

Speaker 30 (01:32:10):
Yeah, so this is getting particularly bad for the government.
These are all Labor Parties supporters or members or in
a couple of cases MPs. The WhatsApp group has shared
effectively racist, homophobic, agist comments, particularly unpleasant even about some
of those in the Labor Party themselves. One Health minister

(01:32:32):
has been sacked, Another MP was suspended after admitting some
badly misjudged comments. The hunter's been on from a right
wing newspaper to identify the rest of the WhatsApp group.

Speaker 12 (01:32:43):
Sounds easy to do, but it's quite difficult if you're not.

Speaker 30 (01:32:46):
A member of it to work out how to get
those other numbers and then work out who those numbers
belong to. And now all of a sudden, the Labor Party,
which is the party of government here in the UK,
has suspended eleven of its own counselors in Great to
Manchester as part of this investigation. And it looks like
that they think they've probably got a lid on it

(01:33:08):
now that this drip drip drip of people coming out
as being labor members, labor supporters, labor MPs who are
part of this group with these highly offensive messages, Well
that's been very damaging for this government.

Speaker 3 (01:33:20):
Yes, well yes, and the Labor Patty always prides itself
as being at a high morality wise.

Speaker 10 (01:33:26):
But who was it?

Speaker 3 (01:33:27):
Andrew Guyinn got suspended.

Speaker 30 (01:33:30):
Yep, that's right, and he was suspended on Saturdays said
his comments were badly misjudged.

Speaker 12 (01:33:35):
Just to give you an idea.

Speaker 30 (01:33:37):
In some of the messages that have been revealed, one
of those in the group said they hope a seventy
two year old woman would soon be dead after she
wrote to her local counselor about bin collections.

Speaker 3 (01:33:48):
Mister Gwinn, by the way, was a health nurs so
that's not a good look as well. Now the de
industrialization of oil in Europe. Now we've been talking about
this because of in the hos who have withdrawn from
wanting to fund all backs Jerseys. BP says that they
are in trouble.

Speaker 30 (01:34:08):
Yeah, and this is all because they said they were
focusing a lot more on green energy and they're rowing
back on that now, in line incidentally with other some
big energy jants. Last week, the Norwegian energy giant Equinor
said it would harve its investment in renewable energy over
the next two years while increasing oil and gas production.

(01:34:30):
Of course, Donald Trump famously said drill, Baby, drill when.

Speaker 12 (01:34:34):
It comes to oil and gas.

Speaker 30 (01:34:35):
And now oil giant BP, formerly known as British Petroleum,
says it will quote fundamentally reset its strategy with profits
dropping sharply last year. Profits fell from fell to fourteen
billion from some roughly twenty two billion the previous year,
and it said lower oil and gas prices and lower

(01:34:57):
profits from its refineries had dented how how much money
it had made.

Speaker 12 (01:35:01):
But this is a big change for BP.

Speaker 30 (01:35:03):
Because five years ago it's set to target a fifty
gigawad of renewables generation capacity by twenty thirty, and we
expect that to be abandoned.

Speaker 12 (01:35:12):
A major change of strategy to announce at the end.

Speaker 30 (01:35:14):
Of this month, with the company set to scale back
massively on its renewables. And as I said, it's not
the first big company and it won't be the last
of it, I think to announce something similar.

Speaker 3 (01:35:23):
So to put it in a nutshell, they're making less
than they used to make from oil, but they're making
even less from their renewables, and so it's a double wemming.

Speaker 30 (01:35:34):
Yeah, and they're not going to invest as much in
the research and into getting that renewable off the ground
as they once were. It had set out a commitment
of ten billion US dollars in renewables until twenty thirty,
and it's expected that they could well announce they're going
to have.

Speaker 3 (01:35:52):
That good stuff. Kevin, I thank you so much for
your expertise and your information. It is now eight Minister Siven.
This is Newstalks ITB.

Speaker 1 (01:36:01):
It's the Heather Too per C Allen Drive Full Show
podcast on iHeartRadio powered by Newstalk ZEBB.

Speaker 3 (01:36:08):
News Talk ZP. I think that was fascinating from Gavin Gray,
especially when you consider what happened with Ineos and the
all back sponsorship over the last little while. The feller
from Inios came out today and said, look, there's been
d industrialization of the oil and gas industry in Europe
and we're just not making as much money as before,
and we've got five billion dollars worth of investments in sports.

(01:36:29):
It's time to cut back. So they're saying there's no
money in oil anymore. BP saying there's no money in
oil anymore. But they've also spent money making renewables, and
the renewables are selling, but they're not making the same
profit out of the renewables that historically they got out
of the traditional power sources, the carbon power sources, and
so the new model is not as profitable. And yet

(01:36:51):
at the same time Europe's using more energy but there's
not any money in it. Don't you love disruption? Don't
you love chain? It never goes quite as anyone expects. Now,
Anthony Millissich is our technical director and he's playing the
music the Kooks.

Speaker 25 (01:37:10):
She moves in her own way to play us out Tonight.
They've just announced the Cooks have that they're going to
do a tour across North America across from may Or. Yes,
it starts in May and it goes into June, and
they're going to do sixteen stops. Now you're probably listening
there sitting. I don't want to fly all the way
to North America just to see the Koks. Well, good
news for you. Then you don't have to be you
don't even have to wait that long either. They're also
going to be playing next Saturday at Electric Avenue Festival

(01:37:33):
in christ Church. Yeah, they'll be on the park stage
at five pm on the Saturday.

Speaker 3 (01:37:39):
I'm just very glad that they're still around. I love
the song when it came out, and then I haven't
heard anything from them in decades.

Speaker 25 (01:37:45):
And yeah, in North America want to see them so much.
They're going to do sixteen shows. There you go, you
can go see it.

Speaker 3 (01:37:50):
But this is a lovely song, so turn it up.
My thanks to Laura the producer, Anthony of course our
technical director, and Libby. We're doing set up and I'm
Drew Ricken said, yes, I'm back again tomorrow. Rhyme's back
on Mondays. You don't well talk about here.

Speaker 11 (01:38:06):
They're on Friday, Okay, smoothing.

Speaker 8 (01:38:16):
Away, changing my show Monday.

Speaker 10 (01:38:26):
Sound the.

Speaker 8 (01:38:31):
Service, give them, give us, but dumps the surface.

Speaker 31 (01:38:39):
Sounding service, begin us dump service.

Speaker 8 (01:39:06):
Oh do the kids?

Speaker 2 (01:39:08):
She moves in a wrong way.

Speaker 8 (01:39:12):
She chang to show My Day

Speaker 1 (01:39:32):
For more from Hither Duplessy Allen Drive, Listen live to
news talks it'd be from four pm weekdays, or follow
the podcast on iHeartRadio.

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