Full Show Podcast: 13 April 2026

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
The only drive show you can trust truck to ask
the questions, we get the answers, find a fact sack
and give the analysis. Heather Duplicy Ellen, Drive with One
New Zealand and the power of satellite mobile News.

Speaker 2 (00:15):
Doorgs that'd be.

Speaker 3 (00:17):
Good? Afternoon, Welcome to the show. Coming up today, We're
going to go to the Middle East to find out
why Trump wants to blockade the straight up hormoson whether
it will work. Sharon Zolner of A and Z on
why they're predicting three OCR hikes now before the election.
And then Chris Hipkins on whether he is going to
support the India FBA or not.

Speaker 2 (00:35):
Heather Duplicy Allen, Right.

Speaker 3 (00:36):
Here's a question I'd like to answer. Do we all
have weird priorities about what we care about in this country?
Or is it just the TV news in the evening
that has these weird priorities. Last night I had to
sit through thirteen minutes of TV one telling me that
nothing had happened with the cyclone before I got to
the Iran War where something had actually happened. First One
News took us to the reporter in the Bay of Plenty.

(00:58):
That reporter told us the storm had brought down a
tree in the main street, and a couple of old
ladies made some jokes about wanting to go for a
swim in the big swell, but really nothing had happened.
Then we went to Gismond to be told the waste
water flooded and the guy in the caravan from the
previous night's news was hardly affected by the storm because
nothing much happened. And then we went to Henry and
Hawke's Bay, where nothing had happened yet. And then we
went to the Corimander, where Simon Mercep told us he

(01:20):
looked there were the really big storm surges and fits Younga,
but nothing had happened. And then we went to the
far North where the river was really high, but nothing
had happened. Then the weather girl wrapped it all up,
and then they told us breakfast would be all over
it in the morning, just in case something happened. And
then finally, after twelve minutes and forty five minutes of this,
forty five seconds of this, finally we went to the

(01:41):
Iran Wars situation, where something had happened. The peace talks
had broken down in the delegation the US delegation had
now left. That is a war, by the way, that
will affect every single one of us. We will not
escape it. The weather's going to affect some people. It
will absolutely have affected a small group of people quite dramatically.
The Iran war will affect every single one of us

(02:02):
in this country because diesel is tipped to hit four
dollars a liter, which means food prices will go up.
Inflation is now rumored to peak higher than after COVID
at seven point five percent, and A and Z is
calling three OCR hikes this year because of it. Now,
I wondered if this was some sort of a reflection
of what audiences were interested in, as in, they can't
get enough of the weather and couldn't care less of

(02:23):
some war in Iran. No I checked with the Herald
this afternoon. Both of them are the top trending stories
and there isn't much between them. I would like to
suggest that the TV news in the evening may want
to rethink the strategy of thirteen months minutes of nothing
leading the bulletin. So I realize importance pictures are important
to TV, and I realized that they've paid to cend

(02:43):
Simon to the corimandal, so they do need three minutes
from him to chuck on the tally. But pictures of
nothing is still nothing, And there's only so much time
in the day that we can spend watching nothing. Before
as audiences, we just stopped watching.

Speaker 2 (02:57):
Ever do for c Ellens.

Speaker 3 (03:00):
There ninety two nineteens of text understandard textrees ofl like
you can tell me. Is it the TV news with
the weird varieties or is it all of us? As
I just said, Okay, so all of that anxious prep,
let's talk about what happened with the actual meat service here.
All of that anxious prep around the country turned out
to be, for the most part, for nothing. So what question,

(03:20):
of course is what happened? John Law from the Meat
Service is with us now? Hi John Kyoto.

Speaker 4 (03:25):
He thanks very much having me on.

Speaker 3 (03:26):
Yeah, it's great to chat to you.

Speaker 5 (03:27):
Now.

Speaker 3 (03:28):
Is there a risk that you guys overhyped it somewhat?

Speaker 6 (03:32):
Well?

Speaker 4 (03:32):
I think if we look at the actual weather that
ran across the country, we actually had some very incredibly
strong winds which brought plenty of trees and power lines
down across particular that easter, and there are plenty thousands
of people without power through there flooding as well over
a month's worth of rainfall through places like Sandre, which
has already seen incredibly large amounts of rainfall so far
this month, to building on top of those already saturated soils,

(03:53):
and a real concern that this situation could bring potentially
life threat and their shues with strong winds bringing trees
down onto roads, limiting the number of people on the
road has really helped them safe productivity. Whenever we issue forecasts,
we always marry up two things, our confidence in the
forecast and the potential impacts. We want to make sure
that those impacts are mitigated, and giving people as much

(04:16):
time to plan prepare is what we want the forecast
to do. We never want our forecast to be over
dramatic or over hype, but we want to get people
enough time to prepare and see what the future might have.

Speaker 2 (04:28):
Right.

Speaker 3 (04:28):
Did it end up being life threatening?

Speaker 4 (04:32):
Well, I think because Bill took those precautions hopefully and
tied things down and made sure they weren't outside and
those very incredibly strong winds gusts of over one hundred
and twenty hundred and thirty comes out through parts of
the Beair of plenty around place like March here pushing
that see on it as well. I think it was
a case that those winds had the potential and taking
care and precaution is a really important thing to do.

Speaker 3 (04:53):
Okay. So John, that's where I think that you guys
may have made the mistake when you say to me
life threatening, I thank Jesus, this is going to be big,
This is gonna be huge. What happened. What happened? Well,
I can't speak for anywhere else in the country because
I wasn't anywhere else. But everybody that I've spoken to
in any part of the country described to me nothing
more than the kind of stock standard day in Wellington.

Speaker 4 (05:13):
Wouldn't you say, I would say, and went and we
don't have that whether every single day. These were incredibly
strong winds that came down, and so you.

Speaker 3 (05:21):
Do think then that what we experienced in places like
Auckland was life threatening.

Speaker 4 (05:27):
I think in Auckland the winds were around about one
hundred and ten kilometers now, and they weren't the strongest.
The strongest winds were on the eastern flank of that
area of low fresher Now, this is one of the
issues that come through is where the strongest winds will
be now four days out we issued that first forecast,
those first watches and warnings that highlighted the risk of
the situation to come through. Now when we issue those

(05:48):
forecasts at early we bring it in the ability and
that element of uncertainty in the exact path of where
or go, and that's going to have a big impact
on which areas. See the strongest winds now move just
a little bit further towards the east, taking the strongest
winds away from say the Commandal and pushing them in
towards the likes of the eastern Bear of Plenty. If
that had gone the other way and pushed it through

(06:10):
towards the likes of say Auckland, you can imagine that
puts a lot of people in danger. Yes, it was
for Auckland. The strongest winds are from that southwesterly direction
in the afternoon.

Speaker 3 (06:19):
Okay, so at what point did you guys realize that
it wasn't going to be as bad as you saw?

Speaker 4 (06:26):
I think the situation is still pretty strong. We had
those red heavy red strong wind warnings for the likes
of the Commander and the Bad Plenty, So that was
the area we're really focusing on for those strongest winds
and keeping the watches and warnings out for the likes
of Auckland. So remember we issue those warnings when we're
expecting those gusts of wind to be above one hundred
and ten closed.

Speaker 3 (06:43):
Yeah, I know, and win John, did you realize it
wasn't going to be that bad? It wasn't going to
be life thriepling bed?

Speaker 4 (06:49):
I think it was still a very active and still
dangerous situation, particually for those people in those red warning areas.

Speaker 3 (06:54):
Should I read this and should I interpret this answer
from you as you as in you didn't realize it
had it had?

Speaker 6 (07:00):
I think?

Speaker 4 (07:03):
I don't think it was a tame situation. It's still
still a very active situation that came through it flood
and as well so Auckland. Thankfully the worst of those
winds away towards the east, but it's still a very
active weather. So that particularly for those areas which have been.

Speaker 3 (07:15):
Okay, Maybe I'm not okay, but why don't we try
this in a different way? What I would like to
suggest to you guys. I feel like I'm some weird
zone of the moment where I'm handing out advice to people,
But would it not have been good John, if you
guys had sure? I mean, I'm happy to be warned
that there's bad weather coming and prepare for the worst, right,
But should you not have when you realized it wasn't
going to be that bad, come back to us and said, hey, guys,

(07:36):
it could still be bad, but we don't think it's
not going to be as bad as we thought, so
you can probably relax a week. But would that have
been wise?

Speaker 4 (07:43):
So as we went through the day, we did adjust
those warnings. We put down the wind speed to place
out the coromandal and drop the winds warning for place
out the Gret Barret eye from.

Speaker 3 (07:51):
That failure, then of the news media, who are required
to carry your message to then interpret that as things
have calmed down somewhat.

Speaker 4 (08:00):
I think it's the case that obviously the worst the
weather didn't run through Auckland, which is good news through there.
But I think he is one of those situations trying
to keep track of where the worst the weather is.
We don't want to make the situation where we say
everything it's fine, especially when it's still very much an
evolving situation and there is still that potential of the
weather to come through. Obviously, we'll keep a track on it.
We have radar satellites and we'll be keeping updated with

(08:23):
all the observations as well, but trying to get that
information out and across to the people in public. Will
be doing it. We always update the forecast as we
go through the day with all the newest information.

Speaker 3 (08:31):
As about John, thanks very much, appreciate your time, mate,
John Law from the Met Service. Look, I don't know
if it was clear what I was trying to communicate there,
because that felt a little frustrating. But I don't know
who to blame for how overhyped this thing was in
the lead up to Saturday night Sunday morning. I don't
know who to blame, whether it's the Meat Service just
stuffing up their job, because that happens from time to
time with the don't see bad weather coming and then whoops,

(08:53):
all of a sudden, Auckland's flooding, and maybe this time,
I don't know, were they sitting there going, Jesus is
going to be bad. Jesus is going to be bad. Oh, look,
it's not that bad. Or was the problem with the
news media who failed to understand that the forecast had
been downgraded and didn't tell tell that to us. I
don't know who to blame. Who do you blame? I
don't know, and John does not seem to have registered that.

(09:13):
That was what I was asking him. Sixteen past four.

Speaker 1 (09:17):
It's the Heather Dupussy Allen Drive Full Show podcast on
iHeartRadio powered by News Talk zeb.

Speaker 3 (09:25):
I'm getting a lot of texts on it, so we'll
get to those shortly. Nineteen past four, Jason Pine's sports
talk host.

Speaker 1 (09:30):
Sports with Generates putting performance first generate kiwisafor dot co
dot NZD.

Speaker 3 (09:36):
Heiney, Hello, hello head that for one hot minute, I
thought Rory had blown as lead, did I?

Speaker 7 (09:42):
After the third round he was, and we all know this,
It's been said so many times. He was six shots
clear after two rounds. Nobody's ever led the Masters by
that march after two rounds. Then yesterday that lead completely evaporated,
so we're went into today's joint leader, but still leader
none the least. But then double bogied early on the
four hole. I think, and I thought he's blowing it,

(10:02):
he has blown it, but instead he came back around
sort of Armen corner, which is a pretty famous part
of Augusta got a couple of birdies, held his nerve.
Others were coming at him, some were dropping shots here
and there. Scottish Scheffler was looking good. But at the
end of it all, he puts in for bogie on
the eighteenth, and all of a sudden, after not having
any green jackets two years ago, he's now got two

(10:22):
of them.

Speaker 3 (10:24):
That puts them in the I mean, did we have
any doubt that he was this great?

Speaker 7 (10:29):
I think we did because he hadn't won the Masters
two years ago. It was almost like it was this
it he couldn't scratch. He won the other three majors,
but Augusta has always had this aura about it that,
you know, no majors greater than any other. But I
think if you win the Masters, everything that goes with it,
from the green jacket to the history to the course itself,

(10:49):
it feels as though if you don't want it, you're
not complete as an elite golfer. Now that he's won
two back to back, I think we can remove any doubt.

Speaker 3 (10:57):
He can start. He can start taking drugs and rolling
his car now, can't he is nail?

Speaker 7 (11:02):
I guess that's over to him.

Speaker 8 (11:03):
Yes, up to everyone.

Speaker 9 (11:04):
To do it.

Speaker 3 (11:04):
Hey, listen to the Warriors. Now, that isn't what they've
managed to do there is incredible. Do you reckon that
this will be the mental tick that they need to
be able to take this through the rest of the season.
I hope.

Speaker 7 (11:14):
So remember on Friday I said to you anything could
happen in the NRL, and I was saying it really
as as trying to find some shred of positivity about
this seventeen game losing stregt that had against the Storm.
But that was some performance on Saturday night, not just
the fact they broke that long standing winless streak against
the Storm, but the manner in which they achieved it.

(11:34):
You know, they were physical, they were good on attack,
They defended against a Storm side that is going through
a few problems, but a mix of some of the
younger guys and then Roger tui Vasaschek into the centers
and the physicality he brought. I just thought it was
a really good performance. To answer your question, I hope.
So you look back and you think, Okay, well, if
there is a turning point in the season, if they

(11:54):
go on from a here to be really really good,
you can probably look back at it and say, yeah,
that's where they actually believed that they had what it
took to be really great this year.

Speaker 3 (12:03):
Did Luke Metcalf play?

Speaker 7 (12:05):
He did not play.

Speaker 3 (12:06):
So can we continue with my my conspiracy theory that
when the stars are out the Warriors shown, I.

Speaker 7 (12:13):
Think we need a bigger body of work.

Speaker 3 (12:15):
I'll just keep building on it. I'll keep adding to
that file, and then I keep reminding you. Thank you, Piney,
appreciate it, Jason pine Sports Talk post right. I'll get
to those texts after the break Ay four twenty.

Speaker 1 (12:24):
Two, cutting through the noise to get the facts. It's
Heather do for c Ellen Drive with one New Zealand
coverage like no one else's news talks.

Speaker 3 (12:34):
They'd be I agree with your conspiracy theory, Heather, thank you.
I think my conspiracy theory is starne I reckon. I've
got a decent body of work here actually of two
seasons with the Warriors where the stars are out and
then they play quite well. So just keep adding. So
we'll just keep reminding Piney four twenty five. Heather, our
aviation forecasts yesterday were nothing more than a wet and
windy day, totally different to the general forecast Hither it

(12:56):
was the news media that were hysterical. I looked at
the forecasts, saw that it wasn't going to be the
bad that's ross from Raglan. Hither, I've had a guts
full of the met Service, and they're poor report and
completely ruined thousands of people's weekend, promoted anxiety and panic.
Hither the media continued to call it a cyclone, even
though it was a tropical lob. I was sitting there
the whole week and going, why are we still calling
this thing a cyclone? Anyway? Not everybody, I mean, there

(13:19):
were loads of people I don't know about you. I went
out and I sent the husband out, tie down the trampoline,
tie bits and bits and pieces together so they didn't
fall over. Other people went out and bought all kinds
of emergency stuff. So it did actually really impact people's lives.
Not everyone's, though. Let me refer you to Hawks Bay.
So there were five hundred and fifty coastal homes in
Hawks Bay that were told they had to evacuate over

(13:40):
the weekend, and it turns out a whole bunch of
them just completely ignored it because the local newspaper, Hawks
Bay Today went to talk to them about it. Found
all of the houses that they knocked on the doors
of in teh Awanga, Hormoana Wai Matama Ocean Beach, none
of them had evacuated. Everybody'd stayed put. They all said
they were ready to go. I had grab bags to go,

(14:00):
they had the cars ready, they had the caravans locked
onto the cars. They're all good to go. But all
they got was big swell, so they stayed put. And
they described the over the evacuation orders as an overreaction.
Wirrawa Mayor Craig Little said he refused. All the other
Hawks Bay councils declared states of emergency, he refused to
do it. He said, we didn't need a state of emergency.
When you make a call like that, it means you

(14:21):
are under the pump. I think it takes away the
importance of a state of emergency. Now, if you remember
your history, as in your recent history, Wirawa has been
flooded twice, so they know what it means to actually
be in a state of emergency. And I respect him
for holding the line on that. Good on him. Anyway.
We'll refer this to the huddle when they are with
us We've obviously got Trisherson and Josie BEGANI with us

(14:43):
after the Hulp US five listen on the Iran walls.
So this is where the Iran war I kind of
referred to this at the very start of the program.
This is where it's heading us now. A and Z
has just increased its prediction of how many ocr rises
we're going to get in this calendar year. They had
one previously, then now calling three. They say it's going
to happen in July, in August, and October, all of

(15:04):
which you will note is before the general election. So
that makes things a bit hairy for the for the
incumbent government. The good news, there's good news here. Good
news is that they previously thought it would peak at
three point five percent. Now they're saying it's only going
to go to three percent before it pauses, and you know,
everybody takes a moment to reflect and see if it's working.
Sharon Zongner will be at us after five o'clock and

(15:24):
talk us through that newstalg SIDB.

Speaker 1 (15:35):
Hard questions strong opinion here the duplicy Ellen drive with
one New Zealand and the power of satellite mobile news dogs.

Speaker 3 (15:43):
eNB right, Barry Soapa is going to be with us
in ten minutes time. Sam Ruth has a stress factor
on his lower league. You know who I'm talking about
is this is a wonder wonder boy runner. He's posted
on social media. I think it's just turned seventeen the
other day anyway, posted on social media that he's going

(16:04):
to be off the radar for a while. What is
not clear here is whether this is going to affect
his preparation or his availability for the Commonwealth Games, which
is actually not their fault. What's it May June July
three months away, So hopefully it's not that serious and
the boy gets to run twenty five away from five.

Speaker 1 (16:19):
It's the world wires on news talks, it'd be drive.

Speaker 3 (16:24):
JdE Barnes has returned to the US after the peace
talks with Iran broke down.

Speaker 10 (16:28):
We've made very clear what our redlines are, what things
were willing to accommodate them on, and what things we're
not willing to accommodate them on. And we've made that
as clear as we possibly could, and they have chosen
not to accept our terms.

Speaker 3 (16:41):
Donald Trump has now threatened to block Haide. The straight
up harmers the security analyst says the point of this
is probably to bring Iran back to the negotiating table.

Speaker 11 (16:49):
It seems to be probably least part of the negotiating
strategy to ratchet up Tensional and Iran and also to
hit them economically in terms of less revenues for Iran.

Speaker 3 (17:00):
Peter Magya is the new Prime Minister of Hungary, unseating
Victor Auban With ninety eight percent of the votes count
of the pro eu cent to right Tisar party is
set to win one hundred and thirty eight of Hungary's
one hundred and ninety nine parliamentary seats, and Hungarians are
celebrating in the streets.

Speaker 12 (17:16):
It's a moment of truth, of transparency and of change.

Speaker 3 (17:20):
And I'm feeling very ecstatic.

Speaker 13 (17:22):
It's just a communal feeling of like everyone feeling that
the need for a change.

Speaker 3 (17:29):
And finally, the chief of the Ugandan Defense Forces is
threatening to cut ties with Turkey if the President Erduwan
doesn't meet his demands. The defense chief, who is the
son of the Ugandan president, says Turkey has been failing
to pull its weight in the conflict in Somalia, so
the defense chief has demanded that Turkey, pay him one
billion US dollars and send the most beautiful woman in

(17:49):
Turkey to be his wife. Obviously, I'm not sure, I'm
tirely sure how that's meant to help the war efforts
in Somalia.

Speaker 1 (17:55):
But whatever, international correspondence with ends, and I insure peace
of mind for New Zealand business.

Speaker 3 (18:03):
Ollie Peterson ABC per Drive presenters with US Ali get
a Heather, where's elbow? Off to next looking for petrol?

Speaker 14 (18:10):
Off to Brunei and off to Malaysia. So do you
let him to get you in here?

Speaker 9 (18:13):
You?

Speaker 8 (18:13):
Okay?

Speaker 3 (18:14):
Now we're actually this time we're doing better than you.

Speaker 8 (18:17):
Oh right, okay, that'd be your.

Speaker 3 (18:18):
First a lot a lot better.

Speaker 14 (18:20):
Maybe you could give us some of your fuel. I
mean you've always been charging a bit more for fuel. Anyway,
I'll tell you what, don't laugh. It may well get
to it.

Speaker 3 (18:27):
We may have to get our we don't have a refinery,
but we may have to give you. We may have
to give you some of our good stuff.

Speaker 14 (18:32):
So you just be nice, all right, I'll be I'll
be a lot more pleasant than I usually am. We
don't have a refinery either, I think we have. We
don't have any over this side of the country. But yes, Brunei,
Malaysia is the next destination for the next couple of
days after the PM jetted back in from Singapore.

Speaker 8 (18:46):
A handshake agreement at this stage.

Speaker 14 (18:49):
But what he will leverage Prime Minister alban easy with
both Malaysia and Brunei where we actually source a feebit
of our fuel from and also fertilizer. Really important obviously
for our farmers at the moment is that we in
supply lots to those countries, including natural gas and also
in terms of Australian agriculture that heads that way.

Speaker 8 (19:07):
So he's feeling a little more chippery.

Speaker 14 (19:09):
He was on the front page of the Straight Times
in Singapore on Saturday saying there was a deal done
between the two countries. There doesn't seem to be the
same level of anxiety at the moment heather in Australia
as there was, say pre easter. But that's also because
we saw the fuel excise cut by twenty six cents.
But let's hope you can show up some deals and
we can keep driving to work.

Speaker 3 (19:28):
What is it that people are unhappy about? Read the
twenty million dollar fuel campaign.

Speaker 14 (19:33):
Just the money that's been spent and the message that's
being provided to Australians. There's some claims and these opposition
claims and you'd expect that that it's contradictory to the
message that was put out by the Prime Minister pre Easter,
which was go and live a normal life.

Speaker 8 (19:46):
But I mean, look, we can all.

Speaker 14 (19:48):
Understand that there's a lot of pressure on the petrol
pumps at the moment because we were also feeling that
out of the back pocket and inflation's about to bite
us all on the backside. So where we can we
be asked to do it with the twenty million dollar
camp pain. Maybe you know a car pool or if
you can get a take public transport to work or
to school instead, then that's obviously an option. The governments

(20:08):
have to do this sort of advertising campaign. You think
you're in a size of our country. Let's be blunt.
Twenty million dollars on advertising probably doesn't buy you that much.

Speaker 8 (20:16):
But when we're having to.

Speaker 14 (20:17):
Tighten our belts with everything else, there's obviously an argument
as well, do you really need to put out the
message and can you just rely on obviously the press
to continue to tell you what you need to and.

Speaker 3 (20:25):
Not do yeah, well, yeah, I mean that's a good
question that you ask. It probably could get the message
out there just like that. Anyway, what's the problem with
people buying houses? Why aren't they.

Speaker 14 (20:34):
Because it's all getting very expensive and they don't like
the idea of auctions anymore here they Sydney and Melbourne
particularly being big auction markets. But the clearance ray, now
this is a good pattern for a good month, has
really fallen. One of the major real estate agencies over
here had about three hundred go to market on the
weekend and sold less than fifteen under the hammer.

Speaker 8 (20:54):
So that indicates while auction.

Speaker 14 (20:56):
Has been a very popular form of selling here in Australia,
that we've then went interestrate high. We're expected to see
another one in the coming weeks, potentially a third by
the end of this year.

Speaker 8 (21:07):
That maybe we've just hit the top of that market.

Speaker 14 (21:08):
And obviously the city market in particular has been running
red hot for quite a long period of time. Perth
where I AM has grown exponentially over the last few years,
but still has a little wriggle room and it has
to catch up to the likes of Sydney and Melbourne.
So it's just another warning sign at the moment had
a like the Local Council Association over this side of
the country has said today that expects your council rates

(21:29):
to go out by eight.

Speaker 8 (21:29):
Percent next financial year.

Speaker 14 (21:31):
So we're all just coppying it from all angles, and
everybody is you're coppying it, We're copying it, and I
think we're all just starting to have a look around
and see how far our pennies are going to go.

Speaker 3 (21:40):
Quite right, Ollie, thank you as always Only Peterson ABC
Perth Drive Present to nineteen away from five Heather Duple
see album A couple of things in politics to bring
you up to speed on. So, first of all, it
looks like ACT is going to go hard on race
relations again the selection. This is according to politic dot
co dot MZ, which just pointed out that ACT is
starting to ramp up its complaining about local council's appointing

(22:01):
unelected ebe representatives to council committees, which, to be fair,
when I say complaining, it sounds like they aren't right
to I think they are right to raise I don't
think anybody unelected should be on a council committee, so
I think they are right to raise concerns about the
so far Act has named the Far North District Council,
the Otago Regional Council, the New Plymouth District Council, the
Tasman District Council and the Carpety Coast District Council as

(22:23):
having all appointed unelected EWE or hapou reps to council committees.
And if they're doing it now, if it takes like
if it starts getting a bit of attention, they're probably
flying a bit of a kite. And if it gets
attention they may well run it out of the election. Also,
what's going to happen with inflation?

Speaker 8 (22:39):
Now?

Speaker 3 (22:40):
This is stepping into a completely different situation, so away
from politics here, but into the Iran situation. Vernon Small
who used to work for maybe David Parker previously. I
think it might have been David Parker and the Labour
Party anyway. Vernon writes a column for the Sunday Start
Times he reckons the in side word in Wellington is

(23:01):
that Treasury reckons inflation is going to get up to
seven point five percent because of the Iran crisis, which
is basically means we're back up to and slightly above
the same level as COVID took us to, which was
seven point three percent. He writes the inside hints from
the government's Advisorati that Treasury's tentative top inflation number could
be as high as seven point five percent. Reporters have

(23:23):
tried to praise the prize the Treasury figure out of
Finance Minister Nikola Willis, who will only say the figure
is higher than the three point seven percent she had
previously disclosed. She has argued quite defensively that the financial
focus number one. The Terrists have not yet translated the
finger in the wind figures into concrete scenarios for the
May budget, so it would be premature and unfair to
put them in the public arena. But if you so,

(23:44):
and there endeth the reading from the column. But if
you remember, cast your mind back to when Nicola first
came out with that three point seven figure. We all went,
b yes, there's no way that's that's the base level.
There's going to go way above that, mate, there's no
way that's your highest figure. And at the time Cam
Baggery wrote a piece and he came on the show
and he said, take three point seven and double it.

(24:05):
What happens if you double it? Seven point five percent,
So he was bang on very early on. Anyway, I'd
love to say Nicholas with us after six. She isn't.
She's got something else going on this evening. So Chris
Bishop is in for her and we'll ask him about
that number.

Speaker 1 (24:18):
Barrisopa's next politics with Centrix Credit check your customers and
get payments, certainty.

Speaker 3 (24:24):
Chris Hipkins of the Labour Party is going to be
with us after five thirty on whether they're going to
get their riggle on and sign the India FT or
helped her to pass the India FDA legislation. It's after
five point thirty right now, it's thirteen away from five
and Barrisoper, senior political correspondence with US Aloe Barry.

Speaker 15 (24:37):
Good afternoon.

Speaker 3 (24:38):
So Trump is planning to blockade the Strait.

Speaker 15 (24:40):
Yeah, the rhetorics really wound up, hasn't it. It's quite
interesting that responding to the the assurance by Trump that
a blockade will be made of any and all ships
trying to enter or leave the straight ire Arms naval forces,
they've said that any military vessels approaching the waterway would

(25:03):
be dealt with severely. So that's the old rhetoric. But
I've got to say promise to Chris Luxon seems a
little bewildered about what the President's on about, and certainly
no calls gone out for us to be part of
any international effort in the Strait that Trump's also talked
about to keep the straight open.

Speaker 16 (25:23):
I'm not aware that's actually happening. I'm aware of statements
that the President may have uttered around that, but again,
I don't think that is actually happening. I know we
haven't been And of course what we're advocating for on
the Straight uphor moves is that actually we want the freedom.

Speaker 8 (25:36):
Of navigation restored as a critical.

Speaker 16 (25:38):
Element of international law. We need these ships moving in
and out of that region unimpeded, and that's what we
call on all parties to do.

Speaker 15 (25:45):
Yeah, and that's as best as it could possibly get.
But so no one's really sure what Trump is doing there.

Speaker 3 (25:54):
Or he's trying to force them back to the negotiating table. Well,
because the talks have broken down but they haven't ended.

Speaker 5 (26:00):
Well.

Speaker 15 (26:00):
Yeah, but the whole American team left Pakistan on the
completion of the talks. You would think that it's some
lower level they would have hung around to actually cross
some tees and dot.

Speaker 3 (26:12):
Some mart There's still a week and a half left
in the spar right, so it's still possible, or week
in a bit at least. Anyway, the Pope came in
from a bolock. I don't feel sorry for the Pope,
do you.

Speaker 2 (26:23):
Well?

Speaker 15 (26:24):
He was asking if you were brought up like me
a Roman Catholic. The Pope is sacrisanct. No one criticizes
the Pope, as you can see.

Speaker 8 (26:35):
On genin.

Speaker 15 (26:37):
Because you know you cannot criticize the pope. Anyone in
the world is the head of the Catholic Church for
goodness sake. Well, it seems to be the old story though,
doesn't it. Yeah, well, the old story is repeating itself.
Disagree with Trump, and like many others, even the American

(26:57):
pontumum itself isn't up to the job.

Speaker 2 (27:00):
Listen, I don't think he's.

Speaker 5 (27:01):
Doing a very good job.

Speaker 2 (27:03):
He likes crime.

Speaker 5 (27:04):
I guess he hit us.

Speaker 15 (27:06):
Think of it.

Speaker 5 (27:07):
He's worried about fear. We don't like a pope that's
gonna say that it's okay to have a nuclear weapon.
We don't want to pope that says crime is okay
in our cities. I don't like it. I'm not a
big fan of Poblio. He's a very liberal person and
he's a man that doesn't believe in stopping crime.

Speaker 2 (27:25):
He's a man that doesn't think that.

Speaker 5 (27:27):
We should be coing with a country that wants a
nuclear weapons so they can blow up the world. I'm
not a fan of Publio.

Speaker 15 (27:36):
Hell and them Nation upon you, mister prison.

Speaker 3 (27:39):
I don't think he's a Catholic, so it doesn't count.
I think he's all right. It's not his pope.

Speaker 15 (27:44):
Well, even playing that I'm going to go to confession,
you're gonna have to now barry or just one other thing?
His last mate, and you're in Europe. Oban is golden
from the Hungarian Prime ministership. And I really find an
entry that the new man in the place is Peter Magyar.

(28:05):
If you take the the why and they are out
of that, what do you have? Mega?

Speaker 3 (28:10):
Well done? That's a dad joke, Jo, Just curious, isn't it?
Conspiracy theory? Has has the prime minister defended all of
the states of emergency? Is he in places that probably
didn't need a state of emergency?

Speaker 15 (28:25):
You know you would be sitting here if states of
emergency weren't declared, and you were and something bad really
did happen.

Speaker 3 (28:34):
And you'd say, well, why didn't they let us know?

Speaker 15 (28:36):
As many people did it the last one, the cyclone Gabriel.

Speaker 3 (28:41):
That's what a state of emergency when there's actually an emergency.

Speaker 15 (28:44):
Well, you know, I mean the Meteorological Service, as we know,
has read well, no, they have to read the way
the atmosphere is looking.

Speaker 2 (28:56):
From one.

Speaker 3 (28:58):
It's the numpties who work in the councils.

Speaker 15 (29:00):
Well, look I heard you praise the mayor of Wairah
and they've had their share of floods. There's no doubt
about it. Craig Little, well, even though the Prime Minister
is very fond of Craig Little, as you'll hear, Chris
Lackson defends as I said, the states of emergency.

Speaker 17 (29:16):
I love Craig.

Speaker 16 (29:17):
I've spent a lot of time with them, given he's
had some major weather events in Waira over the last
few years. And so I'll happily wear a woke label
at this time if it means that we didn't lose
anyone's lives. But you know, this is something that was
a pretty serious event, pretty significant event. Obviously it's up
to each mayor and local district councilor to make their
own decisions. But Craig's been someone you know, Mark Mitchell
and I know very well. We spent a lot of

(29:38):
time with them. We've worked incredibly well together actually on
the challenges that Wairo's placed with flooding.

Speaker 15 (29:43):
So I don't call it woke. That's the number one
lesson out of all of that, because and I think,
you know, I think we should be praising our emergency
people and the way they did handle this. I thought
it was excellent. Even though as you said earlier, you
had me going out tying everything down in the backyard.

(30:06):
It didn't worry me having done all that work the
problem and not happening.

Speaker 3 (30:11):
Craig Little's argument is a fair argument. If you declare
a state of emergency every time, it's going to have
a bit of a like a bit of a tropical
sprits in Auckland and a bit of it just a
bit of a bit of a breeze. If you do
that for every singing, don't do it for every single barry.
If you do it when it doesn't actually require a
state of emergency when you call it, and it does
need one, it's going to be the boy who cried wolf.

(30:31):
It's just going to sound like white noise to people.
You've got to save it for the real bad stuff.

Speaker 15 (30:37):
I don't look I agree with that theory. But if
the cyclone, as it did, change direction.

Speaker 3 (30:44):
Tell us the undeclared the state of emergency.

Speaker 15 (30:46):
Imagine if it then turned around came back.

Speaker 3 (30:49):
Oh my gosh. Imagine if it suddenly happens overnight tonight.
Imagine if a tree falls over there. Imagine if there's lightning.
Imagine if you get hit by a car. Barrius O
for Senior Political Correspondence seven Away.

Speaker 1 (30:59):
From five, the headlines and the hard questions. It's the
mic Hosking breakfast.

Speaker 16 (31:05):
The prime ministers, what do we have a supply any
price for fuel?

Speaker 2 (31:09):
Because I'm assuming you're paying them.

Speaker 14 (31:10):
No.

Speaker 16 (31:11):
Well, it's just it's just about actually how you make
the deal work and confidence that this is truly additional supply,
which it is. You want to work with a provider
that you can actually trust. Yeah, you don't want to
be and so some of the lots of oil traders
and I not know we want to work with really.

Speaker 6 (31:24):
No, I know you do.

Speaker 3 (31:25):
But some of the people who have approached us Cowboy, there.

Speaker 16 (31:27):
Will have been what we call fuel traders rather than
those that are actually fuel importers, and so we want to
work with reputable folks.

Speaker 2 (31:32):
So that's that's good.

Speaker 16 (31:33):
I mean, that's just adding us additionality and an insurance policy.

Speaker 2 (31:36):
So what I want to know is we're fine.

Speaker 16 (31:37):
Yeah, we will there.

Speaker 1 (31:40):
Is no rest back Tomorrow at six am the Mic
Hosking Breakfast with a Vida News talk.

Speaker 3 (31:45):
Z B Either. I fully agree with you. Obviously, I'm
not reading any of the texts that agree with Barry.
I'm just going to be completely straight up with you
right now. I'm just bypassing them hither. I fully agree
with you. They should have withdrawn the state of emergency
as soon as they knew it was changing course, but
probably by two late. By then people had already bought
sixteen years worth of toilet paper. Now fair point. I

(32:06):
think Chemist Warehouse is expanding like it has got quite
significant expansion plans, So we're gonna have a chat about
that after the quarter. Passpect. What I'd like you to
consider when we talk about this is if they expand,
they are going to do it at the expense of
your local pharmacy. Your local chemists gone right? Do you care?
Is your local chemist so awesome that you don't want

(32:27):
to lose them? Or would you much rather have a
giant yellow building with like cut price shampoo in it?
You let me know. Now, I've got to talk about councils,
because I don't know I reckon. This has got to
take the cake for some sort of special category of
dumb spending. South Taranaki District Council has been busted spending
nearly fifty thousand dollars on new chairs for its new

(32:48):
library in a hardwater. How many chairs do you reckon
you get for forty nine thousand dollars forty nine thousand
dollars forty nine thousand dollars forty nine like the price
of a good car. How many chairs do you reckon
you get for forty nine thousand dollars? Sam says, my year,
one hundred. I'll give you the answer later. It's not
one hundred. Stand by. Next up, they were going to

(33:10):
the Middle East. Just find out what Trump is trying
to do with this blockade and if it's gonna work.
Newstalks eb.

Speaker 1 (33:36):
Pressing the newsmakers to get the real story It's heather
Duper Clan drive with one New Zealand coverage like no
one else NEWSTALGSB.

Speaker 3 (33:47):
Good afternoon. Donald Trump says he will start blockading the
straight up Pumu's overnight our time. This comes after ceasepy
negotiations and Pakistan collapsed over the weekend. Alexander Cornwall is
Reuter's senior Middle East correspondent in televivan with US Hi.
Alexander Hi, good to be with you. Is this a
negotiating tactic to force around back to the table.

Speaker 8 (34:09):
That's a very good question.

Speaker 17 (34:10):
You know, neither the Iranians nor the Americans have said
explicitly that the negotiations are over. They did enter this
negotiations with a two week cease fire period, so it's
a fair question that is this simply a negotiating tactic. However,
we know that at least from the US military that
they will start blockading the Strait of Homers for ships

(34:32):
traveling to and from Iranian ports from ten am Eastern
Standard time, which is overnight in and Z. And that
you know, the other question is that if the military
does go ahead with this, what will be the Iranian reaction?

Speaker 3 (34:47):
Does it bring that I mean, I'm assuming the ships
don't have to go in the blockade, doesn't have to
go into the Strait in order to form the blockade,
so it'll be outside of the strait, But does it
bring those ships into range of the Iranian missiles.

Speaker 17 (35:00):
Hasn't said exactly where they're going to position their ships,
but you know, it's quite a wide area that stretches
from the land mass that is Oman to Iran, so
it's a wide area they have to cover. They said
it's a naval blockade, they haven't. I don't believe they've
expelcily said what role fighter jets or other aircraft will play,

(35:24):
but it could it well and truly could put the
American ships close to Iranian territory. But the other thing
is that we've known over this past six weeks of so,
is that the Iranians have the capability to fire long
range aerial attacks. We've seen them hit Israel many times,
they hit across the Gulf Arab States many times. So

(35:45):
just because naval ships are not right on Iran shore
doesn't mean the Ranians won't be able to hit them.

Speaker 3 (35:50):
How much of Iran's will goes through the Strait as
opposed to over the land borders pretty much.

Speaker 17 (35:55):
The bulk of it goes through the Strait of Humus.
There's that Kag Island which the Americans hit earlier in
the war. Now that when they hit it, they said
they were hitting military infrastructure and not oil facilities oil
religious please. That island produces or handles sorry that the
bulk of Iran's oil exports, So the oils go to
Cargo Island and then they're shipped out via the strait.

Speaker 3 (36:18):
How critible is it that Trump is apparently starting to
reconsider doing strikes again.

Speaker 8 (36:24):
I mean, it's a good question.

Speaker 17 (36:27):
What is the president thinking? We never know, and he's
known to change his mind at different moments in time.
I'm sure the Americans are thinking about it as one
of many scenarios. Now the question is that if that
he can conduct strikes or reports that limited strikes again,
how do the Iranians react? Because they may go after

(36:47):
these US naval ships that are potentially closer in range
than they had been before earlier in the war. They
can go after the Gulf States, which they did repeatedly
during before the ceasefire, and that includes oil infrastructure. Now
in the UAE, they have a port that sets outside
the Strait Uphmor's, of which you can export oil. The

(37:08):
Saudi Arabians have a port on the Red Seed it
can also export oil.

Speaker 8 (37:13):
The Arayans have proven.

Speaker 17 (37:15):
That they have the capability of hitting both of these
sites that would limit those exports. And there is also
the question of Yemen's hooties and whether they would try
and once again close or restrict the Red Sea, which
would further put pressure on global oil prices.

Speaker 3 (37:30):
Alexander, it's good to talk to you, and I really
appreciate your time. That's Alexander Cornwall, Router's senior correspondent in Jerusalem.

Speaker 2 (37:37):
Here the Duplessy Allen, the.

Speaker 3 (37:38):
Country's biggest bank, has increased the number of OCR hikes
that's expecting this year. What was one forecast rate hike
has now become three in July, September and October. A
z's chief economist, Sharon's owner is with US high Sharon,
good evening, Right, what is going to tip the Reserve
Bank in July? Do you think into a hike?

Speaker 6 (37:57):
Well, essentially, I think the starting point for the really
important it's just two and a quarter of cent. The
Reserve Bank estimates that neutral is about three they're forecasting
inflation well, penciling in inflation being at four point two
in Q two. You know, we want there'll still be
a lot of uncertainty about the medium term, and they
say that's where their focus is. But in real time

(38:20):
they constantly happen to weigh up the upside and downside
risks that were for going too soon, going too late,
And essentially, if you're at neutral, that might feel like
a more comfortable place to perch and wait and see
how things pan out as opposed to having supposedly stimulatory
interest rates. But we think, you know, any hikes from
any level could be pretty powerful, powerful negative for the economy,

(38:44):
given sentiment is so fragile. So in exchange for those
earlier hikes, we now think that the official cash light
will only have to go to three percent rather than
the three and a half percent that we were forecasting.

Speaker 3 (38:56):
Right, So that was exactly the question I was about
to ask you. Next question, then, is over the weekend,
it's been reported that the worst case scenario for inflation
from Treasury on this particular crisis is sitting at seven
point five percent. Does that sound about right to you?

Speaker 6 (39:11):
Well, sort of, how long is a piece of string.
There'd have to be a geopolitical expert to take a
punt on how oil high oil prices could go. But
I mean, obviously things are changing day to day, but
I don't think that doesn't strike me as as a
ludicrous number at all. For a worst case scenario, we'll
be pretty out there for a central but it's been
a worst case scenario. Yeah, that could happen. I means

(39:34):
this as of hearing this blockade of the Strait. If
it's enormously successful and then I run counter attacks on
the other ways of getting oil out of that region,
then we are looking at a very severe shortage. And
obviously those prices could move, Yeah, quite a lot more.
That's not our forecast. Well, but it's for a scenario
analysis that doesn't seem unreasonable.

Speaker 3 (39:54):
Sharon has always really appreciate your time. Sharon's on the
A and z's chief economist together do for THEE. I'll
answer the question for you, how many chairs do you buy?
If you're at the South Taranaki District Council and you're
buying chairs for your new library and hardware? How many
chairs do you get for forty nine thousand dollars? The
answer is twenty four twenty four chairs.

Speaker 18 (40:18):
Listen.

Speaker 3 (40:19):
I thought if you were paying three hundred and fifty
dollars for a dining room chair, you were really blowing
the budget. I was like, that's extreme. Oh no, oh no.
These guys went for two thousand dollars per chair. They
bought fourteen high back chairs for twenty eight thousand dollars,
and then they bought ten wooden leg chairs for twenty
thousand dollars. And they're defending it because they say they

(40:40):
special chairs. So they are chairs for older people, and
they're chairs for people with mobility needs. And they've got
specialized bariatric chairs provided for fat people. And then they've
got chairs with high back support for people who are
nursing babies and toddlers. Now I have nursed two babies.
I don't have one of them high back chairs worth
two thousand dollars. I just think it's very nice to

(41:02):
supply all of these special chairs for all these special people.
But I reckon if you go into the house of
one of these breastfeeding mums, or these fat people or
these pensioners, they haven't spent two thousand dollars on their
chairs in their houses. No of course not, because that's ridiculous.
South Taranaki District Council. You're loaded old whoa you got
classy taste? You do, I tell you what. And that's

(41:24):
not even discussing the one hundred and twenty seven thousand
dollars that they've spent on a sculpture. We're not going
to go there anyway. Now you know what your rates
are being spent on quarter past right. Remember Chris Hipkins
is going to be with us on the Indian FTA
after half past right now, it's eighteen past five. Now
if you thought chemist warehouses were everywhere already, you would
be wrong. They actually are planning to double their stores

(41:45):
here within a decade and they're lobbying the government for
help to do so. John Saywell is the co founder
of the Independent Pharmacy Group and.

Speaker 19 (41:52):
Is with us.

Speaker 12 (41:52):
Hi, John, Hello, how are you going?

Speaker 3 (41:55):
Very well? Thank you. We've got this old debate obviously
of the old local pharmacy versus the big box guy.
Is this a good idea to have so many chemist warehouses?

Speaker 12 (42:04):
Well, our members are pretty keen on keeping their high
trust model with higher service levels and they're a lot smaller,
so the bigger, the corporate chains get, the harder it
is for our independent owner operated pharmacies to stay afloat
and compete.

Speaker 3 (42:22):
What is it that these kinds What is it that
these guys do to drive you guys out of business?

Speaker 12 (42:29):
Well, not only are they taking up a lot of
the staff and putting pressure on the health staff that
are needed in the dispensaries, but they're using their discounts
as a lost leader in their dispensary to grow their
retail foot traffic. And that just takes market share off
everyone else, which is the local owner operated pharmacies.

Speaker 3 (42:52):
And the local owner operator pharmacies cannot compete, can they.

Speaker 12 (42:56):
Well, they certainly can't discount the co payment on prescriptions.
That would put them out of business, whereas the big
corporates are prepared to do that because they're driving foot
traffic into their retail stores.

Speaker 8 (43:10):
John.

Speaker 3 (43:10):
From a consumer perspective, though, isn't it better? Like aren't
we better off as consumers if we have the big
yellow guys around because we can get stuff for free
and for cheap.

Speaker 12 (43:19):
Bigger and cheaper isn't always better? And in healthcare, it's
a good idea to keep the business interests separate from
the care and the local owner operated pharmacists really care
for their communities, which is a big point of difference.
But they need a sustainable business model as well.

Speaker 3 (43:39):
Okay, And a fair point that you make is, I mean,
we all love community, but these guys in the yellow
the yellow buildings still have pharmacists, right, So if you
need care, you're still going to get it.

Speaker 12 (43:49):
Yes, But our local owner operated pharmacy members are focused
on a small range of health care products and services,
and it's that local personal service that makes a difference
in family healthcare. Some of our guys and girls that
I'm in the pharmacies are in their communities for twenty
thirty forty years looking after families and intergenerational health care.

(44:14):
So those things matter. And as I say, bigger isn't
always better.

Speaker 3 (44:19):
Yeah, hey John, thank you as always really appreciated. John
say Well, Independent Pharmacy Group co founder. Does that matter?
This is the question I'm asking. This is not rhetorical,
Like I haven't made my mind up about it. Do
you need to have somebody who treated your grandmother for
her gout?

Speaker 5 (44:33):
Like?

Speaker 3 (44:33):
Does it help you if you have Gran's Grannie's pharmacists
still treating you? Or do you just want a really
really cheap dandruff shampoo? Would that make? Is that better
for you? Nine two nine two is the text number?
Can let me know? Five twenty one.

Speaker 1 (44:47):
Digging deeper into the day's headlines, it's Heather duplicl and
drive with one New Zealand coverage Like no one else
news talks.

Speaker 3 (44:55):
They'd be I'm good is some text. I'm going to
get to that in just to tick five twenty three.
What I'm absolutely hanging out to watch though, is the
Harry and Meghan tour of Australia which is starting tomorrow.

Speaker 19 (45:05):
Now.

Speaker 3 (45:05):
This is not a lark for them. This is really
important for them because the last time they were back
in Australia was in twenty eighteen and Australia loved them.
Cast your mind back. This was the tour. This was
when Meghan was pregnant and they're walking along Sydney by
the Opera House and people were flocking to see them.
This is the tour that made the Royal family realize
the couple were superstars and apparently got noses out of

(45:26):
joint back in London, and they're hoping they're going to
get the same reaction when they're there tomorrow because they
need to still be seen as superstars because the Netflix
deal is expiring and the Spotify deal has fallen over
and all they really have left for sure, like as
in dependable income is basically Meghan's Jam business, which is
really just people buying Meghan's Jam because it's Meghan's Jam,

(45:46):
not because it's actually decent jam. So they need that
Jam brand to be really successful. Therefore they need their
brand to be really successful. This is the really, really,
this is the test Australia because yes, they've done the
faux royal tours to Nigeria and Jordan in Columbia, but
this is the first time they're taking the fake royal
tour to a major English speaking Commonwealth country and I

(46:07):
predict this is not gonna work. I think Australia can
see them for the grifters that they are. The papers,
if you go look at the Ossie papers, they are
full of criticism of Harry charging several thousand dollars for
one speech in Megan charging two thy seven hundred dollars
in Ossie, by the way, for a ticket for a
weekend retreat at the intercont Intercontinental at Sydney's Cougie Beach.

(46:27):
And even if there were, like even if there were
enough naive Royal fans fans to form a crowd outside
of Sydney Hotel, it is not going to be at
the twenty eighteen levels. So any side by side photos
I think are going to show very clearly that their
star has faded. Anyway, that's my reckon, but you know
how I feel about them, So let's find out side
show starts tomorrow. Ever, do for really quickly on, but

(46:49):
really quickly does not indicate how important. This is not
an indication of importance. This is very important, obviously, if
you haven't been looking at the oil prices. Oil prices
are back up after Trump's threat to do the blockade,
and they're now well over well not well over one
hundred bucks of barrels one hundred and two US dollars
so but it's still up. Ed had got down to
about ninety five dollars a barrel, so it's gone right

(47:11):
back up again. Iran's speaker has tweeted, enjoy the current
pump figures. This is to American audiences, enjoy the current
pump figures. With the so called blockade, soon you will
be nostalgic for four to five dollar gas. So it's
not looking at all like it's going to be settled
very soon, does it. Anyway, we're gonna have a chat
to Shane Soley of Harbor Asset Management after six o'clock
will give us his take on how this is looking

(47:32):
in terms of the price of oil and whatnot. I
tell you what, I'm quite excited that's over hyping things.
I think it's well timed that we're talking to Chris
Bishop this evening instead of Nikiller willis because there are
a couple of things I have been meaning to raise
with you and haven't had a chance to do. You
remember when I told you watch what happens with the
roads of national significance. They're going to start scaling them down.

(47:53):
Sure enough, they've started to scale them down. So I
was reading last week Hawks Bay Expressway and Mill Road
project in Auckland. Both of them are not going to
be the four lane grade separated motorways they were supposed
to be. Also, the rumor that I had heard around
the place turns out to be true, which is remember
when they announced they were going to cancel the regional
councils and replace the regional councils with these boards of

(48:16):
mayors who are going to run the show not going
to happen anymore. They'll still scrap the regional councils, but
the mayor boards apparently they're going cold on that anyway.
Chris Bishop is the guy who's in charge of both
of those things, so we'll just put that there in
the little Chris Bishop pile. We'll deal with that after
six o'clock. Heather. I sometimes shop at chemist's warehouse, but
never for pharmaceuticals advice. I find my local chemist as

(48:38):
much easier to talk too, much more helpful with the
tricky meds. Where I can, I do shop local, Heather.
In Australia, chemist wharehouse started doing the free prescriptions, but
then they bump them up to fifty percent. Once they
wipe out the little guys, it'll be back up to
full price. Heather. I live in christ Church. We've been
through that issue with two of these big yellow buildings

(48:59):
in town, and now I think maybe even three. They
fly pharmacists down from Auckland. News is next, and then Chippy.

Speaker 2 (49:08):
The day's newspeakers talk to Heather first.

Speaker 1 (49:11):
Heather Duplicy Ellen drive with one New Zealand and the
power of satellite mobile newsor senv.

Speaker 19 (49:24):
Flationship.

Speaker 3 (49:24):
As I said in for Nicola, willis after six o'clock
and we have the huddle standing by right now. It
is twenty five away from six now. Labour continues to
be the only thing standing between us and a fair
trade deal with India. Prime Minister wrote to Chris Hopkins
on Friday to address key concerns, and of course major
primary industries have now written an open letter also asking
for Labor to get on with it. The Labor Party
leader is Chris Hopkins. High Chippy good a, Heather right,

(49:47):
where are you at? Have you made up your mind yet?

Speaker 19 (49:50):
We're still waiting for some more information from the government.
We've particularly asked to see the legal advice around some
aspects of the deal, so we're hoping to have that
this week. We'd certainly like to be able to be
in a position to make a decision on it next week.

Speaker 3 (50:04):
Oh so you're going to get you think you're going
to get the legal advice between now and next week.

Speaker 19 (50:08):
Well, that's up to the government. I mean we've you know,
I got a letter back from Christopher Luxe on Friday.
Are applied to him this morning. So we're certainly trying
to move things along as quickly as we can at
our end. It really depends on how quickly the government
move at their end.

Speaker 3 (50:22):
Well, okay, so does is it contingent your decision making
next week? Is contingent on whether you get the legal
stuff this week.

Speaker 19 (50:30):
It's certainly contingent on what the information shows. What we're
worried about is that there are some provisions in the
agreement that are new. They're not in previous trade agreements,
and we're worried about the implications of some of those,
particularly the requirement for New Zealand businesses to invest over
thirty billion New Zealand dollars in India in the next
fifteen years or they'll claw back the provisions. And you

(50:53):
know that the concessions that they're giving us, that is
a concern. So the government's estimate is that we'll get
about a billion dollars a year worth benefits, well thirty
billion dollars a year over fifteen years. That's two billion
dollars going the other way. So how is it that
we basically to earn a dollar we have to spend
two dollars. This is the stuff that we're trying to understand.

Speaker 3 (51:13):
Okay, can I put it to you that you are
going to say yes to this, whether it's next week
or whatever, you're going to say yes to this. You're
just trying to milk it for some political coverage between
now and then.

Speaker 19 (51:22):
Well, if you think about it, if that is a
binding commitment on New Zealand that we have to spend
two dollars in India for every dollar that we get
back from India, then you know, is that a deal
that we should be supporting. That's a very live question
for us.

Speaker 5 (51:39):
Now.

Speaker 3 (51:39):
I think you're still going to support it, Chippy, because
I don't think you guys want to be the party
that says no to a deal with India when we're
as broke as we are.

Speaker 19 (51:47):
Well, but ultimately it we'd be more broke. If we're
spending more money to get the deal than we get
out of the deal.

Speaker 3 (51:52):
We're not going to be I mean, I doubt very
much that that's binding, because there's no way the government
can sign a document on behalf of private businesses that
binds our private businesses to speak.

Speaker 19 (52:02):
This is but this is why we need to recceive
the advice of the government's received eat.

Speaker 3 (52:07):
Your brain like, I'm looking at it and going that
is not possible that this is what they've done. Therefore,
I don't care about it. Why don't you just do that?

Speaker 19 (52:16):
Well, because India's Minister of Commerce is on record saying
that if New Zealand doesn't invest the thirty billion dollars
that the government committing us to, then they will claw back,
and the agreement specifically allows for this, they will claw
back the concessions that they're giving us, potentially leaving our
exporters in a worse position than they are now.

Speaker 3 (52:32):
How would it be worse?

Speaker 19 (52:34):
Well, because if you've basically crowded a big market in
India and then that suddenly gets cut off, and you've
invested money in establishing that market in India, then you're
actually potentially going to end up worse off.

Speaker 3 (52:44):
All right, that's a fair point, should be Thank you.
I still think you're going to sign the bloody thing
after all of this huffing and puffing. Chris Hopkins, Labor
Party leader, twenty one away from six the.

Speaker 1 (52:53):
Huddle with New Zealand Southeby's International Realty a name you
can trust locally and globally.

Speaker 3 (52:58):
That's this evening, Treshearson of US and Willis pr and
Josephaganni child Funcio high ladies, good evening. Trushy's going to
sign it and he's going to pass it.

Speaker 18 (53:07):
I think they have to Labor. I mean, you know,
I think it's good to signal as your opposition that
you're scrutinizing this. But months on where Labor is engaged
in some sort of letter writing campaign to the government
over it, I think it shows, as usual Wellington is
completely out of step with the business community. And also

(53:29):
I think that there have been a lot of businesses
who are just getting on with this. Behind the scenes.
There have been businesses meeting with the Indian High Commissioner
to talk about what they do here and what this
might mean for them. So I think the bigger risk
for Labor is they might think they're getting political headlines
out of this now, but what is the read from business,

(53:50):
particularly on what they're doing. It actually says, Look, in
the absence of any credible policy, you are just politicking
on this and you're holding things up as usual.

Speaker 3 (54:00):
Eric and Josie.

Speaker 20 (54:01):
Yeah, what they could have done, And I mean I'd
come from a labor family where you know, pro trade,
prode industry, pro nation building. There's no way that that
labor of it's serious about government, can be against a
trade deal with India, the biggest, fastest growing, well the
fastest growing economy in the world. What what ship he
could have said, and what he should have said, I

(54:22):
think is to say, look, this is not the agreement
that we would have signed. We would have pushed harder
for a better deal on the you know, business spending
in India versus what we're getting here. I mean, he
could have said all the things he just said to
you in the interview, but said, but of course we're
going to sign it because this is bipartisan.

Speaker 3 (54:41):
It has to be.

Speaker 8 (54:42):
We need this.

Speaker 20 (54:42):
We've got an era at the moment of high tariffs,
we've got wars metastasizing across the world, the rules of
trade are being torn up. Of course we're going to
sign it. We would have done a different deal, but
it has our support. That then you know, you look
like you're serious about being in government. Don't forget guys.
I mean, you know, labor got themselves in a stupid

(55:03):
mess when they were on the wrong side of the
TPP trade Agreement. They all grew beards and went on
protests in the streets and decided they were anti trade
and then of course get into government and recreate something
which is incredibly similar to TPP and just call it
the CPTPP and thank god because that's you know, got

(55:24):
us through COVID and various crises. And the final thing
I'll say is a lot of people, and a lot
of people on the left were, you know, my side
of politics, were against the FTA with China at the time,
even though it was labor that was signing it. Now
that that has grown from about two billion dollars worth
of exports to about twenty billion. That's grown by eight

(55:46):
times since two thousand and eight when we signed it.
So of course this trade deal with India will change
and grow just like that.

Speaker 3 (55:54):
We have to be there.

Speaker 20 (55:55):
It's crazy politics to think that.

Speaker 6 (55:57):
We couldn't be.

Speaker 3 (55:58):
Yeah, they're just going to try and get a few
headline Now what do you think, Trisha I am is
it now saying we're going to get an OCR hike
in what was it, July, September and October and then
we vote in November. I don't I mean this is
shaping up to be a bloody hard election for the incumbent,
don't you think.

Speaker 18 (56:16):
Well, it is a hard election and a hard election
for the incumbent, But it's ugly because of the way
that National has tied its own political fortunes to the
official cash rate in a way that I haven't seen
any other government do. And the issue with that is
it is helicopter parenting in the extreme of home owners,

(56:40):
for both the previous Labor government and for this National
government to sellen expectation that lowering inflation will naturally mean
we can expect subpart five percent mortgage rates. If you
look at rates over time historically, that is an absolute low.
The last time we had of five percent interest rates

(57:02):
was because we had all of that cheap money in
the system after COVID.

Speaker 3 (57:07):
So I think it's a.

Speaker 18 (57:09):
Real flaw of National strategy to have locked themselves so
closely into the OCCA.

Speaker 3 (57:16):
When it goes up, it's bad because when it goes.

Speaker 18 (57:18):
Up, it's bad for them. And actually, if anything that
we've learned over the last ten years is we're going
to see more volatility around this type of stuff just
because the world is changing. The global economy is more volatile,
and I think the better strategy would have been to
be more the grown up in the room with the

(57:41):
electorate and actually to speak to what a government should
be speaking to, not be constantly focused on retail mortgage rates.

Speaker 3 (57:50):
Because I mean the thing about it is, all of
this could go away. Well, it wouldn't go away immediately,
would it, Josie. But it'll be a lot better if all
of a sudden the Strait of Hormus was open. Given
that we now have threats of blockades happen at two
am our time, what does it look like?

Speaker 20 (58:03):
Yeah, so a lot of that stuff is completely out
of the government's control. Right, the price of will the
opening of the Strait of homosif it opens, and that
would that would directly impact O C R and R
inflation levels. And can I say, I think I've got
a girl crush on and a Bremen We all do that?

Speaker 3 (58:21):
Hands up from me too.

Speaker 18 (58:22):
She is like, she is a cool ice on a
world that is overheating. I just she is just such
a breath of It's like a little glacial breeze that
comes love it.

Speaker 20 (58:35):
A sort of yea Scandinavian coolness. And also she's so
she's practical, she's tough, and she signals that she'll make
the tough cause. And you're absolutely right, Trich in the
sense that she's saying, right, this is my mandate, and
I will own it, and I will focus on inflation,
but I'll have an eye on growth. And she and
she answers questions when she gets asked questions really clearly.

(58:58):
And I think for the government right move away from
focusing so much on the ocr because otherwise, if inflation
goes up to that horrible figure that you mentioned seven
point five percent, then that's going to ricochet onto the
government and an election year. What they should be doing
is saying, look, we've got five billion dollars coming in

(59:18):
from the Fonterra sale of Anchor and Mainland. That's going
to be a good stimulus. We've got we've got to focus.
We've got to focus as government on productivity because if
you get productivity up, then you know, that's the other
side of the inflation, which you can't always control. So
there's a whole lot of things that they could and
should own, and if they don't, labor should and whoever

(59:39):
owns that story about getting getting our productivity up and
better exports and better productivity for the hours we work,
they'll deserve to win the elector.

Speaker 3 (59:49):
Right you, Trish, you want to say something.

Speaker 18 (59:51):
Just to really quickly broaden out on an A Bremen.

Speaker 3 (59:53):
I think it's.

Speaker 18 (59:54):
Worth reflecting on how, no, just how quite seriously, how
refreshing it is in this current age of absolute disrespect
in terms of communications. When you see Anna Bremen in
a room full of journalists when she's doing a briefing,

(01:00:14):
she is so capable and confident, but the level of
respect between the two groups means you actually get so
much more out of it, and I think that is
hugely refreshing at the momentally.

Speaker 3 (01:00:26):
All right, let's take a break.

Speaker 20 (01:00:26):
I think we love her.

Speaker 3 (01:00:27):
I think that's become apparent in the last three minute. No, no,
we'll take a break and we'll come back and talk
about the weather over the weekend. Fourteen away from six.

Speaker 1 (01:00:36):
The Huddle with New Zealand Southeby's International Realty, the only
truly global brand.

Speaker 3 (01:00:41):
Right, it's coming up. Eleven away from six, Back with
the Huddle, Trishurs and JOSEPHC. Gghney. Right, Josie, what happened
at the weekend with the weather. What's your because I've
got a bunch of feelings about this that are quite strong.
How do you feel about this? Was this handled properly?

Speaker 20 (01:00:55):
So I think one of my kids in Auckland prepared
for the storm by buying one packet of called Ben's
rice and a pump bottle of water, and that seems
to me about appropriate for the scale of the storm
that we had. So firstly, you know you're asking who
to blame for this, I think that government and ministers
and mayors, they fired the gun too soon on this, right,

(01:01:17):
they shouldn't have gone straight into a state of emergency
before we've had the emergency. What they should have done
is say, right, we're really worried about the storm. Here's
some advice, here's what we think will happen. We'll keep
you updated. So the first fault I think lies there. Secondly,
news media went completely They completely hyperventilated on this. It

(01:01:38):
was like breaking news, nothing's happening, and so I think
you have to look at the media and it's not
I can see why they did it because they thought
this was going to be huge, But they actually should
be a little bit more skeptical because that's their job,
so they should be saying, Okay, you're telling us is
going to be the worst ever emergency and it's life threatening.
How do you know that. What's your degree of confidence?

(01:02:01):
Who's going to be responsible if you're wrong about this?
And what are the risks if you're wrong? I e
that we all sit back and go, well, I'm going
to roll my eyes the next time you tell me
this is going to be life threatening. So I do
think there needs to be some accountability for it. I'm
pretty like you have that. I am pretty pessed off
about it because I think we did all. I worried

(01:02:21):
about my kids, We worried about people who are you know,
loved ones who are in certain areas that could have
been hit. I also think final thing I'll say, I
think ministers and government mayors should stop fronting this stuff.
Let the experts, the civil defense experts, the weather experts
front it, because otherwise, you know, it feels like it

(01:02:42):
becomes a bit political, It becomes a bit like.

Speaker 3 (01:02:45):
You know, you mean Mark Mitchell and his old NIMA jacket.

Speaker 20 (01:02:48):
Oh I love Mitchell and as mema jacket. But it's
just it's better of the experts front and now we
don't have any suspicion that you know. And also we
don't want to spending time updating politicians and mayors about
what to say to the media.

Speaker 3 (01:03:00):
Yeah, and the thing that strikes me as being a
problem here, Trish is boy who cried wolf exactly.

Speaker 18 (01:03:05):
I mean, I think underreacting after cyclone Gabriel would have
been a mistake. But we now have real time data
on this stuff and met Services tracking the whole thing.
I have three main bug bees with it. Number One,
I think that it has become emblematic of our failure

(01:03:26):
on infrastructure in New Zealand that we accept just whenever
there's a storm coming through the harbor bridge will be
closed and that's a solution rather than building a new
harbor crossing number one. Number two, yesterday, when I went
on to find real time information to try and assess
is this bad or not? I went on the met

(01:03:48):
server site. Their latest briefing was from twenty four hours before.
I went on to several media sites. Headlines didn't match
up with then what you click through to the story.
Those live blog stories, I have to say as a
user are an absolute model. Cannot get a handle on
what's happening. The one graphic the twenty four hours before

(01:04:09):
that had been useful, which was kind of the real
time graphic showing this storm as it was progressing where
it was going. No, no, no, no, it had not progressing.

Speaker 6 (01:04:18):
What is it?

Speaker 3 (01:04:19):
Battery?

Speaker 18 (01:04:20):
No reaking?

Speaker 19 (01:04:21):
Have it?

Speaker 10 (01:04:22):
Weaking?

Speaker 21 (01:04:22):
Have it?

Speaker 18 (01:04:22):
And there were two trees down in the main street
that had completely disappeared. So I think at every level
we need to recalibrate this stuff, and it is I
think from a media perspective, this is not about creating
clicks and headlines. This is an instance where you want
to have the latest information that helps your readers actually

(01:04:44):
calibrate what it is they need to know right now.
And that's that is the job. It's a public service
job in this custo.

Speaker 3 (01:04:52):
Yeah, all right, ladies, thank you as always appreciated a
huddle this evening, Tritius and Joseph Gurney. Seven away from six.

Speaker 1 (01:04:59):
It's Heather Dup to see Allen Drive Full Show podcast
on my art Radio powered by News Talk ZB.

Speaker 3 (01:05:07):
Heather, I'm really interested in yours and Barry's opinion on that.
Barrister James Christmas seeking the Tamaque Electric candidacy for acting
place of brook Van Velden. Okay, so I knew that James.
I already knew on Friday because that rumor had gone
around that there was this big, big ACT candidate and
they were going to announce it on Sunday and it
was a really big deal and hold the press, it's

(01:05:27):
a really big deal. Hold the press, it's a really
big deal. So we made some phone calls and it
was James Christmas. I was like, huh, I'm not mentioning
that on air. What who knows who James Christmas is
the only person they know in James Christmas family is
his dad?

Speaker 2 (01:05:42):
Think about it?

Speaker 3 (01:05:43):
Come on, thank you Father Christmas. Anyway, didn't I didn't
stole that joke from somebody else in the Act Party anyway.
So anyway, to get back to it, I didn't mention
it to you because I don't think it's interesting, right.
It's kind of like it's like being interested in who
the warriors messuss? Do you know what I mean? It's
just behind the scenes stuff. However, however, there is one

(01:06:05):
interesting thing that is probably worth mentioning. James Christmas used
to work for chrisphin Layson. He was a National Party
candidate last time around, and he missed out because the
National Party did not get a big enough vote to
get him into parliament. So why did he leave the
National Party and go to Act? Come on, think about it,
think about it, think about it. If he didn't get
in last time, he ain't going to get in this

(01:06:25):
time because the vote is going to be smaller because
National is not going to get National is going to
have a smaller party after this selection than they did
at the last election. So James has looked at it
and gone sinking ship going to the other side. So
he's gone to Act because it's a greater chance of
getting in. That I think is interesting, But as I say,
sort of a middling level, isn't it. You like my
father Christmas joke that how good was that? I mean

(01:06:46):
that's ten out of Tenah. Anyway, Chris Bishop of the
National Party in for Nicola Willis's next news talks.

Speaker 8 (01:06:54):
He'd been I'm a car for themself for reson it.

Speaker 3 (01:07:01):
Hell can tell.

Speaker 1 (01:07:08):
We're Business commeets Insight the Business Hour with Heather Duplessy,
Allen and Mas Insurance and Investments, Your Futures in good
Hands news talks.

Speaker 3 (01:07:18):
There be even in coming up in the next hour
Shane Soley is going to talk us through the market
reaction to the blockade threat, Andrew Little the Mirror of
Wellington on the water bosses in Wellington doubling their own pay,
and then Gavin Gray is with us out of the UK,
Chris Bishop, Associate Finance Minister, and for Nikola willis this
evening high.

Speaker 2 (01:07:35):
Bish, Hello, how are we?

Speaker 3 (01:07:37):
I'm well? Thank you?

Speaker 14 (01:07:38):
Listen?

Speaker 3 (01:07:39):
Have you have you given any thought to this business
about the Wellington the Wellington water bosses doubling their pay
at board level?

Speaker 21 (01:07:45):
I've literally just heard about that this afternoon. But goodness
may that that will go down like a cup of
warm circ with Valentini, and it's given the debarkle that
is there has been Wellington water for a large number
of years. Goodness may that will that will not go down?

Speaker 3 (01:08:00):
Well, what do you reckon? I mean, I don't know
that anybody can stop this short of I'm guessing appealing
to them way a remuneration authority. Also, I don't even
know who sets their pay. But do you think public
pressure would be sufficient for them to back down on this?

Speaker 21 (01:08:15):
Well, ultimately it'll be the councilors who actually set the
pay because ultimately Wellington Water is now Taiaki Wires.

Speaker 2 (01:08:21):
They call it.

Speaker 21 (01:08:21):
Wellington Water is as a wholly owned company of the
councils and they're off the you know, their assets have
been transferred into the entity. And look, the whole point
of it is to get frankly, politicians away from deciding
where the investment goes, because they've been absolutely useless over
twenty thirty years. That's the reason why we're dealing with
this mess and Wellington in the first place is because

(01:08:43):
successive politicians, you know, like Tamotha Paul and others have
diverted money into cycle ways and away from core infrastructure.
So but you know, goodness me, that won't go down well,
particularly after the Male Point disaster, which obviously we're still
still wording for the inquiry in that.

Speaker 3 (01:09:00):
Yeah, Now, is it true that Treasury is telling you
worst case scenario for inflation as a result of a
run a seven point five percent?

Speaker 21 (01:09:08):
Treasury is doing a range of scenarios and forecasts. And look,
to be honest, it's a bit of a movable feast,
right because every day, you know, you'll probably be a
bit like me. You wake up and you open up
you know, Twitter or the news talks. There be Apple,
the Herald Apple, whatever, and you look at what's happened
overnight and you just your heart sinks of it sometimes,
so it's a movable feast. What is undoubtedly true is

(01:09:30):
that inflation will increase. And all of the forecasts are
showing that. There's a bank said last week, you know,
four point two in the June quarters what they expect
it to go up to.

Speaker 2 (01:09:41):
So it will increase.

Speaker 21 (01:09:42):
And the and the reason for that is, I think
people listening will know is that the pruss of petrol
and diesel is just fla you know, skyrocket and has
just flying through the economy and that will have flow
on effects for many goods. And you know, so inflation
is going to spike, and that's that's an unfortunate reality
of global events.

Speaker 3 (01:10:00):
And what is the worst case scenario? What's the worst
case number?

Speaker 21 (01:10:04):
I don't have the worst case number two hand.

Speaker 3 (01:10:06):
And is it seven point five?

Speaker 21 (01:10:08):
It's a it's a high number.

Speaker 2 (01:10:10):
Put it that way.

Speaker 3 (01:10:10):
Is it seven point five? Yes or no, it's a
high number.

Speaker 21 (01:10:14):
But I think the point is that the forecast will
will properly come out with the budget. That's the kind
of next major oky.

Speaker 3 (01:10:21):
But why are you guys? So apparently I was reading
Vernon Smaun's article in the Sunday Star Times yesterday and
he says, everybody's been asking Nichola this question. Is she
won't answer the question, and I'm asking you the question.
You won't answer the question. Why.

Speaker 21 (01:10:32):
Well, the point is that it's a movable feast, right like,
it's a day by day proposition, and it's very hard
to forecast when you're not exactly sure what you're forecasting.

Speaker 3 (01:10:41):
At the other day she was telling this is Nichola
was telling us it was three point seven, So she's
happy to tell us that number, but now not this number.

Speaker 21 (01:10:48):
Well, the Reserve banks saying four point two percent in
the during quarter, and we'll get the official Treasury forecasts
in the budget. But there's no kind of conspiracy here.
The point is there is going to be higher inflation
as a result of the oil price that's flowing through
the economy.

Speaker 3 (01:11:03):
Exactly what that is?

Speaker 21 (01:11:04):
You know? Well, the best, the best estimate, the best
forecast will come out in the budget.

Speaker 3 (01:11:08):
Which I'm so confused by this. The only explanation I
could possibly reach for you guys not wanting to tell
us now is that you want to do some shock
and all strategy and the budget and save it for them.

Speaker 21 (01:11:17):
Well, what happens if I give you a number now
and then the actual forecast tends up to be lower or.

Speaker 3 (01:11:21):
Viotpens all the time, that's not a big deal. The
Reserve Bank released forecasts all the time and they change.
Nobody freaks out.

Speaker 21 (01:11:28):
Yeah, well, as I say, you'll get you'll get the
you'll get the full forecast in the budget.

Speaker 3 (01:11:32):
And yeah, Now do you think that the states of
emergency were maybe a bit of an overreaction.

Speaker 21 (01:11:41):
Well, that's a tricky one, right. We've in the past
as a country, frankly in regions, you know, probably not
been as prepared as we should have been because we've
sort of ignored the weather warnings and haven't you know,
got our ducks in a row and sort of things out,
and you know, we've paid the price for that. On
the other hand, you know, when you have events like

(01:12:03):
on the weekend, and you know, in some parts of
the country quite badly hit others sort of tended to
avoid the damage that was being forecast, People look back
and say, oh, well that was a bit of a
dense squib. Literally nothing to see here nothing to worry about.
So it is one of those tricky balancing next right,
and which you want to be prepared, but you're also
you know, don't on a cry wolf all the time.

Speaker 3 (01:12:23):
Because don't see people that if you start to ignore
the warm exactly, And so for that reason, don't you
declare a state of emergency when you know you actually
have an emergency, not that there might be an emergency.

Speaker 21 (01:12:33):
Yeah, I'm not an expert on this, and I defer
to the Minister of Emergency Management on this and the
Associate plus of course the local civil defense and emergency
management controllers.

Speaker 3 (01:12:45):
I suppose.

Speaker 21 (01:12:45):
I'm just making the point that it is a tricky
one to get right, Like, if you don't declare one
and then something terrible happens, people will say, well, you guys,
were you know, you were lax and you were negligent
and all the rest of it. But when you do
do something and it doesn't work out quite as bad,
this is hard.

Speaker 3 (01:13:00):
There are people who there are people who literally are
employeed to do this all the time. It's literally their job.
Can't be that bloody hart Now listen, moving on, have
you got cold on the idea of councils of mayors
taking over from regional councils when you scrap them.

Speaker 21 (01:13:16):
We're working our way through the feedback. We haven't gone
cold on the idea of local government reform to reduce
duplication and reduce costs and red tape. It'd be fair
to say there's been mixed feedback on the proposal of
putting the mayors in charge of regional plans. Some are
really up for it, others are a bit more squeamish
about it. But what has been really interesting is people

(01:13:38):
have actually responded really well to the idea that there
are the idea of seventy eight different territorial authorities with
regional councils, you know, over the top or to the
side or underneath. No one's actually really too clear about
what they are. Everyone's up for sorting that mess out right.
We have got too many territorial authorities, We've got too
many layers of bureaucracy, too many councils.

Speaker 3 (01:13:56):
I'm for it, but I'm worried about what you're going
to replace the regional councils with. If it's not councils
of mayors, So what is it.

Speaker 21 (01:14:02):
Well, we are working on a bit of a plan
you will have. I'll have more to say soon, and
I think you will like it. What is really interesting
is there's a bunch of regions Northolds a classic actually,
where they have just gone, oh goodness me, this is great.
You guys have ripped the scab off this debarkle of
local government.

Speaker 2 (01:14:20):
Let's get on with it.

Speaker 21 (01:14:21):
And the you know, the Northold guys are up there
are basically proposing, as I understand it, one unitary authority
collapse all the different territorial authorities into one. Make sense,
and they're saying, let's just get on with it. And
there's other people saying exactly the same thing. So we're
just sort of working out how we give effect to
what regions themselves actually want to do.

Speaker 3 (01:14:41):
Now, what have you done to Mill Road, which I'm
obsessed with? It's not a roads of national significance anymore
because it's not. It's not meaning all the criteria. Why'd
you scale it back? Yeah?

Speaker 21 (01:14:49):
No, No, Mill Roads a road of national significance. In fact,
it's even listed in the Auckland City Deal that we
announced on Friday as one of the priority projects for Aucklands.

Speaker 3 (01:14:58):
Didn't I read that it has been scale back, so
it's no longer all of the things that you're supposed
to have like the grade separation and four lanes and stuff.

Speaker 21 (01:15:05):
Like that on a few of them, and Mill Road
will be one of them, and there's others actually around
the country. It's not just Mill Road. NZTA has has
scaled some of the the four lane hundred and ten
grades separated, you know, the kind of really big, you know,
super roads. They've scaled it back a bit. And that's
just on cost grounds.

Speaker 3 (01:15:22):
Right, So is it going to be a stink called
two lane highway? It's going to be a great road,
and it's going to be Is it going to be
a two lane highways?

Speaker 21 (01:15:31):
It is going to be a great road.

Speaker 3 (01:15:33):
And in killing me, mate, DTA are.

Speaker 21 (01:15:36):
Going through the details around that right now. In fact
that I think they're I think they're in the middle
of processing the resource consent for that right now.

Speaker 8 (01:15:44):
They're certainly not far away from it.

Speaker 3 (01:15:46):
Okay, we'll keep an eye. Thank you very much, appreciate it.
It's Chris Bishop, Associate Finance Minister. Hither, I don't have
the number to hand. Hither it's a high number. He knows,
of course he does sixteen past six.

Speaker 1 (01:15:58):
It's the Heather Dupless on Drive Full Show podcast on
my hard radio empowered by news dog Zebbi.

Speaker 3 (01:16:06):
Right here are the numbers for you INSTX fifty down
one point twenty two percent today ASX fifty down one
point or rather zero point one five percent so far today.
Barrel of Brent crude, as I was telling you earlier,
is now costing about one hundred and one US dollars.
That is up seven percent today. One New Zealand dollar
is worth fifty eight US cents, eighty three cents, fifty

(01:16:26):
euro cents, forty three UK pens in ninety three yen.
And right now it is nineteen past six, and Shane
Solly Harbor Asset Management is with us. Hello, Shane, how
are you the yes? So, how did the markets react
to the US deciding that they're going to do the blockade?

Speaker 22 (01:16:40):
Yeah, well, look a suddenly, as you called out there,
the will price was a key indicated there we're back
up above one one hundred and one a barrel.

Speaker 2 (01:16:47):
It got worse.

Speaker 22 (01:16:47):
Obviously, mister Trump's gone on and say that he's unconcerned
with the Aneans come back. I don't care if they
come back or not.

Speaker 2 (01:16:53):
I'm all fine.

Speaker 22 (01:16:54):
The details of the blockade obviously, we don't know you
until it's best go sposed to start Washington time ten
o'clock tonight. But we did see the wider Asian markets
down between sort of half a percent and one percent
in the US dollar, up gold down bond yield.

Speaker 10 (01:17:10):
It's a little bit up again.

Speaker 22 (01:17:11):
So we saw them drop last week after the ceasefire,
and they've gone back to where they were. So really
we're seeing this market it's being very weary about the
residience and timing of the ceasefire. Tonight, the uish shear
market futures are shown the market should be down about zero.
But look, if we go back to if there is
a realistic fire and we do get a de escalation,

(01:17:35):
even if it's a bit of a noisy de escalation,
markets kind of position to go dot that we've seen
a if we say stable geopolitical, better macro policies. Market
investors have really taken a lot of risk out, so
we're back to interesting that we'll see heither pretty choppy though.

Speaker 3 (01:17:49):
Yeah, it really is quite choppy. And then I see
A and Z and we've talked to Sharon Zola of
A and z about the saying that that there will
be three great hikes this year. What do you make
of that?

Speaker 22 (01:17:58):
Yeah, look, I think it's about being pre empted. So
taking the obviously the aims and saying, hey, look take
the medicine, now, get a head, get new true early,
which means taking this terminal rate special case rate to
three percent by October when we look at what the
market is priced and the market's actually priced, and more
than that we go through the June next year. So
it's about timing, whether it happens early or later. What

(01:18:20):
we know is a real economy at the moment, it's
struggling and certainly absorbing. And this tightening whether by the
Reserve Bank and ze on hiking rates or the banks
actually front running the potential move we put that ballot
into fuels. There's a bit of pressure going out there
in New zeal economy. Today. We had the purchasing services
onex out and that wasn't great. Were the performances A
service index issues there was down to forty six, down

(01:18:43):
from forty eight last month. So that's telling us that
really consumer sensitive part of the economy, accommodation, cafes and
so forth, is in the crunch already. So if you
crank up those rates too quick, we're going to see
a company, a country looking at a recession again.

Speaker 3 (01:18:57):
Now listen, this was interesting what happened today. Fontierra sharholders
fund tonight and A two milk share prices went in
completely different directions today. What happened there?

Speaker 22 (01:19:06):
Yeah, big divergence. Fontira Shielders fund up at nine point
eight percent to six dollars fifteen, A two down twelve
point four percent nine eighty two. So Fonterra appoint announced
the appointment of the local Frontier executive Richie Allen COO
and also confirmed this payout of three point tv and
dollars tomorrow that's going to help people with bank accounts.
So good announcement missed Allen's well regarded and as achiri,

(01:19:29):
so people were worried about somebody being dropped and parachuted.
And contrast A two can that with quite a significant
twenty twenty six four cast downgrade, very much driven by
supply supply chain disruption. And given where the A two
share price has been priced at quite a high multiple,
it's certain sort of stop price weaker. The guidance is
about ten to fourteen percent down. Quite a lot of

(01:19:50):
it is to do with product getting into China, particularly
through Chinese clearance, through testing, and some of the costs
associated with getting product and have gone up. And of
course since manufacturer partner Sinlay is having a few problems
to so you look the atshe price quite a sharp
drop there. It's going to have to show us that

(01:20:10):
we've got product going back into China as normal again
before we perhaps say that ship so here sustained recovery.

Speaker 8 (01:20:17):
Yeah.

Speaker 3 (01:20:17):
Hey, Shane as always good to talk to you, mate.
Look after yourself and we'll chat next week. That Shane Solly,
Harbor Asset Management six twenty three.

Speaker 1 (01:20:24):
Ever, it's to do with money. It matters to you.
The Business Hour with Heather Duplicy, Allen and Mas Insurance
and investments, your futures in good hands, news talks that'd be.

Speaker 3 (01:20:36):
I'm gonna have to read some of these texts because
there are some very good points being made here. But
the first of though, Heather one newses top story is
that there's a fallen tree down on the South Island.
I don't know if it's a South Island or sit
down South. It's not even clear anyway. Hither I had
seven warnings sent to the phone about one hundred and
fifty one hundred and fifty k plus wins and rain
promised what we got. We didn't even blow an empty

(01:20:57):
ice cream container off the barbecue table, and we got
about fifteen millimeters of rain. Craig, thank you. Herether the
irony of you saying it's okay to get an inflation
forecast wrong, but then grilling Bish on getting a weather
forecast wrong. Now, John, you make a fair point, but
actually I'm consistent on this. So my position is you
release your forecast, but when it changes, you can change it. Right,

(01:21:18):
So I don't mind if the influ inflation forecast comes
out at the start of the Iran war and it's
three point seven inflation is the worst case scenario? Where now,
what is it close to it? We're six seven weeks in.
Of course it's going to be higher. So what is it?
And if we go on and it goes higher, what
is it? And we go well, you can keep changing
it as the facts changed. That's cool. That's exactly what
I wanted from the met Service, right. So when you

(01:21:39):
say you're telling us we're going to get these like
god awful wins, when it's apparent to you we're not
going to get those gold awful wins. Can you tell
us that please? Because I feel like that's an important update.
I don't mind the forecast if that's what you thought
was going to happen, But when you didn't think it
was going to happen anymore, can you update it? There's
your problem? Six twenty seven.

Speaker 1 (01:21:56):
There's no business like show Business.

Speaker 3 (01:22:03):
Got the lineup for a Celebrity Treasure Island today? Why
are we playing islands in the stream.

Speaker 23 (01:22:09):
Because it's Celebrity Treasure Island and it's on an island
In the songs of art, Oh.

Speaker 3 (01:22:13):
The word island. Okay, there's the connector okay yep. Got
the lineup for Celebrity Treasure Island today. Bree Thomas, thel
and Jordan Daniels will once again host it. There are
sixteen celebrities. Ben Barrington as in Shorty Streets, Doctor Drew
and then his on screen wife, doctor Harbor Whitley, who's
played by Rhea Vandervis. They're both on IT. Zion Dale

(01:22:34):
is on it. He's the TV and Z sports reporter.
He's quite good. Does the news sometimes Miss World New
Zealand twenty twenty five. Sammy Pools there, Frank Buntz, you
don't need me to tell you who he is. Harrison
Keith from the Edge, and Polly Gillespie who was on
the radio one time too. They are there. They're going
to be split into two teams led by Captain Simon
Barnett and Porscha Woodman Wickliffe. Important note, the Herald Reckins

(01:22:55):
Porsche is going to take out the crowns for standby.
David Careos from The Burger King Ad and Live Parker
from The spark Ad are also there. Plus there's a
twist this season. Two cast members are top secret and
yet to be revealed once the show gets underway. And
I'm making a prediction right now that it's Matt Heath
is one of them, because he was away the week

(01:23:15):
that they were filming, and then he said he was
on jury duty, and then he came back with the Tan,
and every time we tease him about it, he changes
the subject. So I feel like when they announced Matt Heath,
I told you first, because Sam told me. Was Sam's idea.
He started a totally conspiracy theory that makes sense anyway.
It's back on Channel two and TVNZ plus from April
twenty seven. Andrew Little was with us just after the

(01:23:38):
news News talks 'b.

Speaker 2 (01:23:46):
Approaching the numbers and getting the results.

Speaker 1 (01:23:49):
It's Heather duper c Allen on the Business Hour with maths,
insurance and investments.

Speaker 2 (01:23:54):
Your futures in good hands, used talks. I'd be.

Speaker 3 (01:24:05):
Either if inflation hit seven percent and or higher, this
country has screwed you. Watch costs of living become eyewatering,
hospitality collapse, mortgagee house sales and on it goes. House
prices will crash to get buyers cash up now, sally
your home, get ready for distressed assets. Lord grim, isn't
it We've already done the seven percent and none of
that has happened. So I'm hoping that all of that
is just absolutely worst case scenario.

Speaker 23 (01:24:26):
With a text that you can see why they don't
want to tell us the number of the number of
per can't you.

Speaker 3 (01:24:30):
I mean, I think we think we might have just
made Biscius and Nicholas's case for keeping that number on
the on the down low. Yeah, good point, ants, thank you.
Gavin Gray is going to be a US in ten
minutes time out of the UK. It's twenty three away
from seven now the new Wellington Water entity is going
to pay its board members twice as much as Wellington
Water did. The Wellington Water chair is paid sixty thousand
dollars a year, but the new Tiaki Y chair will

(01:24:52):
get one hundred and ten thousand dollars and the chief
executive position goes from about five hundred and fifty thousand
dollars thereabouts to six hundred and four five thousand dollars.
Andrew Little, as Wellington's mayor, Hi Andrew h are these
pay rises deserved?

Speaker 24 (01:25:08):
You know, there's not a lot of difference between Willington
Water at the moment and Jaki. Why the difference is
that Chiaki Why the new entity is going to own
the assets, whereas at the moment went in to Water
really sill and manages them. But actually that's the main thing.
The main thing people want is to know that water
is flowing through the pipes into the houses and the
waste water is flowing away from the houses. That's the

(01:25:29):
job of willing To Water. That'll be the primary job
of Shaki. Why so, it's to be honest, it's a
little bit disappointing to see it. I think the thing
is that they're gone out to consult over their sort
of future pricing, and they're saying, you know, they're under
huge cost pressure. Well, and then you see the cost
that they haven't posed on themselves. So I was frankly

(01:25:49):
just disappointed to see it.

Speaker 2 (01:25:52):
Now.

Speaker 3 (01:25:53):
Just because it's a bad look, and just because the
job load isn't increasing doesn't mean it's not deserved, right,
And I'm not arguing it is, But what does your
take on it? Given the assets that they are in
charge of, were they actually maybe underpaid or was it
a fair level of play?

Speaker 24 (01:26:07):
Yeah, I'm never going to be that's the fifty four
or six hundred and forty thousand dollars question, depending on
how you look at it. There's always that you know,
we know, we can say with a degree of confidence
that's the last thirty forty years, water assets haven't been
well managed. They haven't been maintained, property, all that sort
of stuff. Your business been a bit patchy, and they're

(01:26:28):
quite a bit of money has gone into fixing them
up over the last few years, but there's still plenty
more to do, so they've got their work cut out
for them, there's no question about it. But at the
end of the day, too. They are effectively a public entitry.
They're owned by five councils who get their most of
their income from rate payers and residents, and therefore these
guys are in the public sector. So it does have

(01:26:50):
to be some recognition that, you know, and they're a
monopoly too, there's no they're not competing with any other business.
So it does have to be some recognition of all that.
And so I do just wonder whether the incomes are
slightly overpriced.

Speaker 3 (01:27:04):
Yeah, listen, have you guys got water meat, Like, have
you got plans for water meters across the region yet?

Speaker 24 (01:27:10):
Yeah? Well, that's why that's part of the job is
to look at that they put to or at least
will into water has put together a business case that'll
go that'll transfer to the new entity when they take over.
The expectations we will do They tell me it'll take
five to six years to implement once they once they
sort of start. But I think, and you know, increasing me,
when I talk to people, people want it because the

(01:27:31):
people who are who use very little water, so why
should they pay? They're saying, as somebody who's got a
swimming pool or a sparpol and all that sort of stuff,
so I think that there's good reason for it. They
also say it helps with managing leaky water, so that's
a good thing too. We will have water meters eventually.

Speaker 3 (01:27:48):
Okay, do you think that the bill that people are
facing now of what is it like, twenty four hundred
dollars annually? That seems like that seems incredibly steep? Is
that fair?

Speaker 24 (01:27:58):
Well? What they tell us is that X, I mean
it's twenty one one hundred dollars will get up to
twenty four hundred and next year. But the sad even
that doesn't really pay the true cost of supplying water
and taking wastewater away and or so taking storm water away.
Is you know then be true?

Speaker 3 (01:28:15):
Andrew in Auckland, we don't. I mean I reckon that
I would pay half of that, and I've got a family.
How does that work?

Speaker 24 (01:28:22):
Yeah, I think because the reality is well, and we're
doing a lot of stuff now that should have been
done right a long time ago, over the last three
or forty years. A big catch up happening at the moment.
And I think after the co court It earthquake in
twenty sixteen, probably a lot more damage done to the
pipes than was evident in the months that followed, but
that's now becoming apparent, and so is more to be

(01:28:42):
fixed in the shortest pace of time.

Speaker 3 (01:28:44):
Now, Andrew, I need to talk to you about this
business with the I frankly am appalled at what the
unelected guys have done to you people in this new building,
putting you on the bottom level and them taking the top.
And I know you don't want to spend the money
because you have said that rates have to be kept down.
But I just wonder if actually this is a principle
you should abandon for the sake of just the standing

(01:29:04):
of the mayor in Wellington. I think you should force
a redesign.

Speaker 24 (01:29:08):
What do you think, Yeah, because it will cost money.
And you know I'm disappointed too, but my egos are
so bad that, you know, I think I need to
have the prime space and the office building and all
the rest of it. So I'll let it go. I've
got more important things, so things that are more important
to right thousand residents. That's what I'm focused on. But

(01:29:29):
I you know, as me, I entertained a lot of dignitaries,
a lot of a lot of people who who want
to see you Wellington and see the best that Wellington's got.
We have a building that's right on the waterfront. It
would make sense you would have thought to have an office.
But then there can say, look, here's our amazing harbor,
here's our amazing waterfront, here's the beautiful city that we've got.
I won't have a chance to do that, but I'll

(01:29:50):
find a way to.

Speaker 2 (01:29:51):
Do it somehow.

Speaker 3 (01:29:52):
Andrew as always, thank you for your time. Appreciate your
adherence to your principal There Andrew Little The Wellington Math
eighteen away from seven du see ellis so Milania Trump
was the butt of the joke in the cold opening
of Saturday Night Live when it launched in the UK.
No oh, I need to give you context. So picture
there's a cat picture of the opening scene. It's three

(01:30:15):
palms sitting on a root in a rooftop cour chart Croydon,
I think. And they're having a barbecue and it's hideous.
So they start playing a drinking game. Never have I ever,
Never have I ever kissed two boys on the same night.
Guilty Okay, okay, okay. I haven't been friends with Jeffrey Ette,

(01:30:44):
so what is weird about that? Not that, but this
the whole thing is that we are now three days
on from that unbelievably bizarre press conference that she called
on Friday morning, our time, and we still don't bloody
know why she did it, Like, we have no explanation
for it. There has been no drop of some article.
There is no weird rumor we didn't see on social
media that's popped up and reared its ugly head. Is

(01:31:06):
like the dominant rumor now. So of course, the speculation
continues to be that she might have just done it
to mess with her husband, which is what I said
to you on Friday. But if you don't trust me,
don't worry. Trust Maureen Doubt, who's been writing for the
New York Times forever and is just brilliant, she says.
After firing the prevaricating Pam Bondi and threatening at Easter
that the Iranians might soon be quote living in hell,

(01:31:28):
the President surely thought that he was finally wriggling away
from the sordid, sticky pedophile scandal. For mysterious reasons, the
so Slovenian sphinx stunned the West Wing, walking into the
Grand entrance hall of the White House to dump kerosene
on the flickering Epstein fire. In effect, Milania's dramatic message was,
Hey guys, we're not done here yet. Everybody, come look

(01:31:50):
at what my husband so terribly doesn't want you to
look at. That's got to be the prevailing theory now,
doesn't it She was messing with him. Sixteen away from seven.

Speaker 1 (01:32:00):
It's macro micro or just plain economics. It's all on
the Business Hour with Heather Dupicila and MAS Insurance and Investments,
your futures in good Heads News Talks IVY.

Speaker 3 (01:32:12):
What about this unexpected silver lining for Fisher and Pikel
appliances from the Iran war? Apparently they reckon. There has
been a run on chest freezers because people are freaked
out that if the diesel runs out then people are
not then we're not going to get the stock onto
the shelves. Who won't be food on the shelves, and
so as a result they've gone and bought themselves chest
freezers and just filled it up, preparing for the worst.
Thirteen away from seven. Gavin Gray UK correspondence with US. Hello, Gevin, Hi,

(01:32:36):
there so the UK is not going to be involved
in this blockade.

Speaker 13 (01:32:40):
That's what we understand. There's been no official spokespeople yet
put up to say exactly that, But that's what the
journalists are being told by THEOS people, not on the record,
as it were. The Prime Minister continues to urge de
escalation here in the UK, but those words are really
falling onto very very stony ground, I think at the moment.
But we are being told that yep, they continue to

(01:33:03):
support freedom of navigation and the opening of the Strait
of horn Moves, which is urgently needed. We're being told
to support the global economy. Well, we know all about that.
The US, however, with Donald Trump telling Fox News that
other countries will be involved with the US in blockade
in the Strait, he didn't say which ones. He did
say NATO had offered to clean out the strait his

(01:33:25):
words dot mine and said it will be free to
use in the not too distant future. And he said
that the US would bring in mind sweepers and the UK,
a member of NATO, would too. He said, I understand
the UK and a couple of other countries are sending minesweepers. Well,
I think that's news to the government here. They've always
ruled that direct UK military involvement in the conflict. But

(01:33:47):
is this direct UK military involvement or is this simply
trying to maintain one of the international waterways. So yeah,
interesting oil prices surging stock markets are going to be
very jattery today.

Speaker 3 (01:34:00):
Listen, what is it that Starmer is planning with the
Single Market.

Speaker 13 (01:34:03):
Rules, something which has outraged those who think that this
should go before Parliament for a vote. So Sakire Starmer
is prop is proposing a law that will mean that
the government can adopt the EU Single Market rules without
a vote in Parliament. Now what are the Single Market rules?
Where they're an agreement that enables goods, services and people

(01:34:27):
to move freely between member states, where countries applying common
rules and standards, so that, in other words, the whole
of the bloc has exactly the same standards. And the
UK and the EU are currently negotiating different deals, including
one concerning food safety and standards for animal and plant health.
And it's always been said by those that think that

(01:34:48):
the Single Market is something we should have stayed in
that it lowers costs for businesses because Brexit paperwork has
added effectively to the cost of a weekly shot. But
the idea that he's trying to overt Brexit by the
back door and get in a single market application as
it were for Europe without a vote among MPs. Has

(01:35:10):
caused a storm.

Speaker 9 (01:35:11):
Of outrage among the Conservatives, the former government and also
Reform UK Nigel Farag's Upstart party doing so well in
the polls that are saying we voted to leave, you
are now trying to rejoin without a vote and that
is unfair.

Speaker 3 (01:35:27):
Now, how significant do you think the loss of allbanas.

Speaker 13 (01:35:31):
I think it's very significant the Hungary and will really
give the European Union a lot of very pleasant dreams
and sleepless nights. Won't be banished altogether, but they will
be fewer and far between. Victor Auban, the Prime Minister
of Hungary for sixteen years, was a good friend is
a good friend of Vladimir Putin in Russia, and often

(01:35:52):
he has taken Vladimir Putin side of things and not
the European Unions, even though Hungary is in the EU
and high benefits massively financially from being in the EU
with huge grants and aids for trying to sort of
get its economy going. Now, last night, our time, the

(01:36:12):
opposition party took control and Victor Auban resign saying he
realized that with some ninety eight percent of the vote counted,
that he was going to lose this election by a landslide.
And the new prime Minister appears to be Petta Maga,
and he is a very very strong supporter of the
European Union. And so all those days when Victor Auburn

(01:36:35):
basically stuck two fingers up at the EU blocked aid
going to Ukraine because he deemed that to be anti
Russian and took the side of Vladimir Booted, those days
would now appear to be gone. And I think it'll
be much more harmonious between the EU and Hungary.

Speaker 3 (01:36:50):
Yeahkevin, thanks very much, thanks for running us through that.
Devin Gray, UK correspondent. Hither Auckland Water has an economy
of scale that Wellington doesn't have, as in a lot
more rate payers, which is why Wellingtonians pay more for
their water and Auckland less well and also the deferred
maintenance of course with all that leaking pipe where eight
away from seven it's the.

Speaker 1 (01:37:10):
Heather too for see Allen Drive Full Show podcast on
iHeartRadio powered by newstalg ZB.

Speaker 3 (01:37:18):
Here the Wellington pays more for water because it's more woke. Honestly,
I think we can thank you, ken't thank you. I
think we can definitely say the word woke is being
overused now because Craig I don't know if I mean.
I didn't mention this because I thought that's silly. I'm
not going to say that. But Craig Little of Wairau,
the mayor there, said he didn't declare a civil defense
emergency because it's woke. I mean, he had a much

(01:37:39):
better reason, but that was the reason that he actually
when he explained it, I was like, yep, I'm on
board with your decision here. I'm just not sure that
woke actually adequately covers what you Yeah. Anyway, now I
see the good people of Canterbury have decided that they
need to name Takaha, give it a nickname. The names
at the moment that are up for considering are the muffin,

(01:38:02):
the cupcake, the car buncle, the salad spinner. I think
somebody said the casserole dish as well. I would like
to just suggest that, as with most nicknames.

Speaker 23 (01:38:15):
We're a hungry bunch, are we? Basically all of those
are food related.

Speaker 3 (01:38:19):
Because clearly what's happened is they've got Wellington's one's about
food peg Ton, So we've got to have one that's
about some sort of cocking thing casseroles. That'll do. Like
with most nicknames, it's the affection is earned. Give it,
give it a bit of time, let it develop its
own nickname. Trying to give it a nickname is just
it's desperately uncool. Like we haven't even played a game

(01:38:42):
in that place. Have we played a game there? We
haven't played a game yet, have we an Zac weekend
that's when the first can we just I tell you what,
Let's get to Anzac Weekend. Let's have a good look around.
We'll see what happens, and then we can come up
with a nickname after that and.

Speaker 23 (01:38:55):
We belong together. By Mariah Carey to play us out tonight,
Mariah Carey is selling her house, her New York City
penthouse in Tribeca. It will only cost you twenty seven
million US dollars, which is about forty three I think
New Zealand forty three million, sorry in New Zealand dollars.
But you get three floors, like it's an eighteen story

(01:39:16):
building and you get the full top three floors eight bedrooms,
six full bathrooms and three half bathrooms. I mean, who
doesn't need three half back?

Speaker 3 (01:39:26):
Why is she selling it?

Speaker 23 (01:39:27):
Well, so this is the worry is that, hopefully she's
doing okay, but she's taken out a bunch of debts
against this house in the US, eighteen point six million
US dollars against this home. So the fact that she's
now selling it might suggest that things are not going
all that go on?

Speaker 3 (01:39:40):
Did you say it was forty three million she's selling
she's got eighteen? Yeah, she still comes out with twenty
five miliship bill right yeah?

Speaker 23 (01:39:46):
Yeah, Well because that's across two currencies though, it's twenty
seven million, so that's not a nine million dollar profit.

Speaker 3 (01:39:52):
Oh no, how old is she? Shall I just quickly
work out if she's got enough money to retire?

Speaker 4 (01:39:56):
Yeah?

Speaker 23 (01:39:56):
Yeah, Well, well that's why I'm pumping the song. You know,
maybe we can get a He's up and she won't
have to sell.

Speaker 3 (01:40:02):
This is fantastic. Do you know what this means? Mariah
is going to do a tour? She needs money.

Speaker 23 (01:40:07):
That is usually what happens, isn't it.

Speaker 3 (01:40:08):
Yes, I'm here for this concert. Club is ready for Mariah.
Pump the tunes. Thanks and we'll see you tomorrow.

Speaker 1 (01:40:52):
For more from Hither Duplessy Allen Drive, listen live to
news talks it'd be from four pm weekdays, or follow
the podcast on Heart radio

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