Full Show Podcast: 18 December 2024

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
Pressing the newsweakers to get the real story. It's Ryan
Bridge on Hither Duplicy Ellen Drive with one New Zealand,
Let's get connected.

Speaker 2 (00:10):
Newstal said, be good afternoon, New Zealand. Great to have
you with me this afternoon. It is Wednesday, the eighteenth
of December. Coming up on the program an update from
Port Vila on Vanuar to Chris Bishop on the show
after five, What the Green Party wants with your cat?
Barry Soper on the Easter training laws that just never

(00:30):
seem to pass. Plus, if you're an investor, what is
a Santa Bounce?

Speaker 3 (00:36):
Bryan Bridge?

Speaker 2 (00:37):
When you say fast track, how fast do you actually mean?
That question is absolutely crucial when it comes to the
fortunes of this country, which, let's face it could do
with a bit of a polish, a bit of a
spit and shine. As soon as the Fast Track Bill
passed its third reading in the House yesterday, the opposition
benches were shouting and screaming and making threats to the

(00:58):
one hundred and forty nine projects and envy that were
listed on the bill. If we're to have any hope
of getting richer as a country, if we're to have
any hope of securing energy in this country. This bill
has to be the closest thing to practical lawmaking aimed
at doing just that that our Parliament has seen it
in a very long time. You have to agree with that.

(01:20):
Just last week we brought you news from one of
the projects. It was the Fuddy ketto Pong of mine.
This is in why he minimum four billion bucks worth
of gold and they want to get it out of
the ground. It's an underground, mind, not an open pit.
Three hundred extra jobs on top of the four hundred
that are already there. These guys have cash they want
to invest, and like many others, they get wrapped up

(01:43):
in consents and red tape and stuff doesn't happen, and
we all get poorer in the process. We get poorer.
You and I. Fast forward to yesterday afternoon in the House,
the opposition MP's were threatening to revoke any consents that
are granted under this legislation if they're re elected to government,
and they were warning potential investors to take that threat

(02:08):
seriously before investigating projects to fund in New Zealand. Now,
not every project is going to be excellent for the
environment granted, and not every project should get the go ahead,
but there is a process. It is independent ministers no
longer have final say and how embarrassing, honestly, how embarrassing

(02:29):
as a country that's just been told it'll be in
the red till the twenty thirties, whose debt to GDP
will hit fifty percent at peak to be telling investors
and businesses we're basically closed. Sorry, So to the government,
I say, how fast is your fast track? Because if
shovels aren't in the ground by the time you leave office,

(02:51):
they may well never be bread rich. Nine minutes after
four news talks, they'd been nine two ninety two is
the number to text. We'd love to hear from you
this afternoon. Sport Esports n Z they're not happy. They
say it's short sighted that they've been left out of
a funding boost from High Performance Sport. New Zealand. High
Performance Sport just announced it's investing around one hundred and

(03:11):
sixty million dollars for thirty six national sporting organizations over
the next four years. Some of the sports included rowing.
You name them, you'll know them, cycling, speed climbing, tennis,
but electronic sports. Nah president of the New Zealand est
Sports Federation. It's Connor English's with me this afternoon, Connor Goodey,
how are you good? Thank you? What did they say

(03:33):
to you exactly when they rejected you?

Speaker 4 (03:38):
They just said that on this occasion, your investment request
has been unsuccessful when assessed against the criteria.

Speaker 2 (03:46):
What's the criteria?

Speaker 4 (03:48):
Oh, look, it's on your website.

Speaker 2 (03:53):
Well hang on, let me ask you. That's a different question.
Is one of the criteria that it has to be
an actual sport?

Speaker 4 (04:00):
Well, the sports is a sport and we know this
Ryan because the New Zeland, sorry, the International Olympic Committee
are setting up a whole new Olympic Games around the sports.
You'll have the Summer Olympics, the Winter Olympics, and then
the Eastport Olympics, which is a third part of what
they do. And I think it's recognized globally that esport

(04:25):
is a sport.

Speaker 2 (04:26):
And there was a slightly a slightly tang and check question,
but I think I think people, I mean, here's the question.
If you're the sporting high performance sporting body, wouldn't you
rather isn't it better to fund sport, the actual sport,
the one where people are physically doing it, rather than
the e.

Speaker 5 (04:46):
Version well, high Performance Sport New Zealand have actually provided
five thousand dollars a year out of one hundred and
sixty million dollars for supporting a high performance athlete from
New Zealand d sport. That's joke k King And he's
been in a football and he's actually done not too bad.
He's been to a lot of international tournaments. But I

(05:09):
think the thing with esport does seem to take some
people a while to get their head around.

Speaker 6 (05:13):
Is it.

Speaker 5 (05:13):
It's digital competition that we're talking about, and that can
take the form of swift, which is people sitting on
a cycle riding a bike literally that someone else is
riding a bike somewhere else and they're confedting digitally, or
you have digital manifestations of existing traditional sports like say
soccer or rugby or basketball. And in the third area

(05:37):
is really around that sort of you know, seem to
see if you're like around Fortnite, go to you know,
rocket works and all that, those sorts of games, because
there's a real variety of them.

Speaker 2 (05:51):
So you can actually get a sweat on doing sport.

Speaker 4 (05:54):
Yeah. Absolutely, And I think the thing that wakes a
lot of skill to be an esport athlete.

Speaker 2 (05:59):
I'm sure it does. What about the cost though, There's
got to be a massive difference here. I mean, if
you're swimming, if you're doing real swimming in an actual pool,
you're going to need an actual pool, You're going to need,
you know, a mountain bike. If you're doing mountain bike.
You know, the costs involved surely would be far greater
for those doing the real sport than the esport.

Speaker 4 (06:19):
Well it could be. I mean, an esport you can
play on your phone, on your laptop or on a console.
And we've got a lot of people in New Zealand
who are gaming and playing esports, you know like this.
You know almost one and a half million people or
so that are engaging digitally in a digital competition sorry,
on a sort of a weekly basis. So it's just

(06:41):
getting more and more popular and it is very accessible,
as you say, and very inclusive.

Speaker 2 (06:46):
Why is it more inclusive than actual sport?

Speaker 4 (06:50):
Ah, Because it doesn't matter what your shape or sizes,
what your race or creed is. All that matters is
whether you've got more points than the other guy. And
anyone who can use their brain and use their arms
and legs can pay.

Speaker 2 (07:07):
Yeah, isn't I mean, shouldn't sport be about athleticism? You know,
if if some fat bugger can beat you, you know,
are you really a champion?

Speaker 4 (07:18):
Well? You know, I think there's all SATs and sizes
with athletes as well, you.

Speaker 2 (07:26):
Know what I'm saying. And the other thing is we're
trying to get rid of obesity in New Zealand. Do
we really want to be encouraging people to be you know,
on their computers.

Speaker 4 (07:35):
I've been too a few international events where we've had
players from you know, one hundred countries engaging in competition,
and you know, just a casual observation was there was
all shapes and sizes of the just like there is
if you go to an athletic sports event.

Speaker 2 (07:52):
Interesting. All right, so are you going to follow up
with them? Any hope still that you holding out hope
that you might get some funding from High Performance?

Speaker 4 (07:59):
Well, it's only disappointing in that this is a four
year program that they've rejected and we've got you know,
Eestport Olympics next year and then two years later. And
as a country we are very well placed because we
have got a national sporting organization that is in the
esports area. So we're ahead of a lot of other countries,
but we do need funding from government and if high

(08:21):
Performance Sport isn't going to deliver it, I guess the
question is how will we get some funding? Because if
we want to look credible on the international stage, at
the Olympic level, we do need to have some funding.
So if New Zealand as a country and as a
government wants to reject these sports and doesn't want to
be a participant in it, then I think the government
and the Minister of Sport and High Performance in hiss

(08:42):
OIGN should just say that and then we can skin
the cats some other way.

Speaker 2 (08:47):
Thanks so much for your time, Connor English, President of
the New Zealand Esports Federation. We'd love to hear your
views this afternoon, nine two ninety two is the numbers text?
Do you think they are deserving of a bit of dosh?
We could ask Darcy too here and.

Speaker 1 (09:00):
Next who will take the White House results and analysis
of the US election? On Heather Dupless Alan Drive with
one New Zealand Let's get connected news talk said B
Sport with TB get your bed on R eighteen bed responsibly.

Speaker 2 (09:19):
Good afternoon, it is eighteen minutes after four News Talk said,
b We've just spoken to Esports New Zealand. They have
missed out on funding from high Performance Sport in New Zealand.
Loads of feedback on that. By definition, they.

Speaker 7 (09:32):
Let me guess, it's not a sport.

Speaker 2 (09:33):
Not a sport, fatman beer, Darcy's here for sports something. Well,
actually no, here is the defense our darts. A sport
is stand up pistol shooting a sport. Neither requires physical prowess.
That's true, Darcy.

Speaker 7 (09:46):
There's a theory that says if you don't have to
change your shoes, it's not a sport.

Speaker 2 (09:53):
Okay, yeah, well they don't even need to wear shoes,
do they They just sit on the couch.

Speaker 7 (09:57):
Well, they do whatever they want, so they can do it. Look,
the thing is it's a growth area and entertainment, sportainment
if you will. It's about the ability to.

Speaker 3 (10:11):
It's the best way.

Speaker 7 (10:11):
I remember when I was younger going to Wizards, which
is a people may remember that from way back in eighties.
It was a video game parlor in christ Church. It's
the big thing you want to do it. I was like, well,
you know, Dad, can I have some money because I
need to go to wizards because my hand eye coordination
is going to go through the roof. I'll end up
being a.

Speaker 2 (10:28):
Really good soul, missing out though on something by not
funding it.

Speaker 7 (10:32):
Now, you know the problem with the funding model that
High Performance Sporting z has is that it's based on
we you successful last time. If you were, will give
you more money you can do it again. But if
you soiled the bed cheets last time out in a
pinnacle event, we're going to take your money off you
because you weren't good enough. So it's an interesting whip

(10:54):
bash from behind or a carrot out the front. Now
with e sport, which has got its own Olympic event
coming up, there's no history. So how the former sports
would look at that. They go, well, we don't know,
And there's the argument whether it's a sport or not,
and that goes on and on because apparently chess is

(11:15):
a support as a sport.

Speaker 2 (11:16):
No, it's so well, they say it moving your finger.
So who's missed out? Then? Based on the Paris.

Speaker 7 (11:23):
Hockey hockey have been smashed. They've lost one point four
million dollars of funding and a million of that's been
taken off the wahna. The big thing here is it's
the trickle down because there's other sports that get funding,
but then they're quite elite. Anyway, snow sports getting a
whole lot after what they've done globally, and I think

(11:44):
it's magnificent because I'm a snow junkie. Not that I've
been up the mountain for so long because I'm old
and my knees gone.

Speaker 2 (11:50):
But saying they shouldn't get it because they're largely rich people.

Speaker 3 (11:53):
Well no, no, no.

Speaker 7 (11:54):
What's saying is that, based on what they had and
what they've achieved, they do need that money, but it
doesn't affect a wider scale of people, whereas hockey does.

Speaker 2 (12:03):
He's played by a lot more.

Speaker 7 (12:04):
Played by a lot of people, down to a grassroots level.
I mean, did you play hockey when you're a younger woman?

Speaker 2 (12:10):
Look at what it does to your your shins. No way,
you're beginning mean shopping pads. Come on, man, now, are
we talking about this next interview or not?

Speaker 7 (12:17):
Well, I don't know what are you doing.

Speaker 8 (12:21):
Clause.

Speaker 7 (12:22):
I'm very very pleased to him.

Speaker 3 (12:23):
He's a top bloke.

Speaker 7 (12:24):
He's got a very dry sense of humor and he's
not afraid to use it. I think some people lose
that sense that he has when he's being interviewed. He's
so laid back and even in the press conference today,
is hed done really excited by this? I don't look
at that I am because that's the way.

Speaker 2 (12:42):
He with everything brilliant.

Speaker 7 (12:43):
You can shoot him and he just look at you and.

Speaker 3 (12:45):
Go, why did you do that?

Speaker 2 (12:48):
Darcy will see tonight, Good see it.

Speaker 7 (12:50):
Matt Caleb Bly joined us on the show tonight as well,
talking about who swapped from.

Speaker 2 (12:54):
Rugby to lead brilliant. Darcy Watergrave, host of Sports Talk
seven o'clock tonight on News Talk, said, someone says, good afternoon, Ryan,
regarding esports. I do believe the current Formula Champion Formula
One champions competitors hone their driving skills on a simulator. Yeah,
but then they go and do the real thing. That's different,
isn't it? Nine two nine two? It is twenty two?

Speaker 1 (13:13):
After four hard questions, strong opinion, Ryan Bridge on Heather
duper Ce Alan Drive, Where's one New Zealand, Let's get connected?

Speaker 2 (13:21):
News Talk z B twenty five after four, Chris Bishop
after five on the fast tracked Law. Hi Rhyan says,
Greg my brother in law is higher up in the
oil and gas industry in New Zealand. He says investment
in New Zealand is seen as riskier than investing in
Nigeria because of our political environment. It's terrible that this
is the state we're in. We're going to talk to

(13:41):
Chris Bishop about just how sustainable the whole fast tracks
thing is, you know, if we have change of government,
which eventually we will have a change of government. Also,
we're going to tell you today whether you can drive
a new Jannles and claim insurance if you crash your car.
Have you ever wondered that, Well, there is an answer
and we have it for you after. I was thinking
about this earlier because I do drive in Jandles, but

(14:04):
one time when I was a teenager, I got pulled
over after ten o'clock on my restricted license. You know
how you have to you meant to be home. Got
in trouble anyway, the police officer there was a pizza box.
I'd been eating pizza in the car, as you do,
and I had the pizza box down near my feet
and he said, I'm going to find you for that
as well, because that's dangerous if you put your foot

(14:27):
down on the break and there's a pizza box in
the way. Well, that's hardly going to help you with it.
So anyway, he actually interesting sides. Note he took the police.
Officers drove me home in the police car, and I
was absolutely packing myself. Can you imagine, you know, your
parents are waiting at home. You shouldn't be out, you're
on a restricted license. It's like, oh, and they're driving

(14:49):
me home and then all of a sudden they get
a call and you know, their radio goes off and
they to my joy and luck, they dropped me off
at the end of my driveway. They get called out
to something bigger and they're like, well, come back. Never
came back. They said, we'll send to Fine. Never seen
to Fine, And to this day I regret. I remember

(15:10):
thinking sitting in the back of this police car thinking,
I hope whatever's going on out there is really bad.
Whatever they've been called to, I hope it's really terrible,
which is such a bad thing to think. But when
you're sixteen and you're in trouble with your parents' boys,
I'll take I would have taken a house fire, I
would have taken anything. Twenty seven after four anyway, got

(15:32):
away with it, never got a fine Mom and Dad
still don't know until now.

Speaker 1 (15:45):
Digging deeper into the day's headlines, it's Ryan Bridge on
Heather duplessy Ellen Drive with one New Zealand let's get
connected and use dog said.

Speaker 9 (15:53):
By Bummy GiB Yeah, I've been breaking my back just
keeping weaving. Jones Is y'all know what I mean and
y'all no we go.

Speaker 2 (16:09):
I hope you're enjoying your Wednesday afternoon, New Zealand. It's
great to have your company across the country. We are
going to Barry Soper at about quarter to five. We're
talking Lake Alis survivors and what compensation they may be
entitled to plus Easter trading just goes nowhere. Easter trading.
Barry Soper will break that down for us in the
next ten minutes. On news Talks EBB.

Speaker 1 (16:32):
It's the world wires on News Talks EDB Drive.

Speaker 2 (16:36):
We're starting in the US, where Luigi Mangioni has officially
been charged with murder of the United Healthcare CEO Brian Thompson.

Speaker 10 (16:43):
Defendant is charged with one count of murder in the
first degree and two counts of murder in the second degree,
including one count of murder in the second degree as
an act of terrorism for the Breezen targeted and premeditated
shooting of Brian Thompson.

Speaker 2 (17:00):
More on that in the Moment with a UIs correspondent
Dan Mitchison, who's standing by to the war in Ukraine
where the head of Russia's nuclear forces has been killed
by a bomb hidden inside an electric scooter.

Speaker 11 (17:09):
The bomb was concealed in an electric scooter and was
reportedly the work of Ukraine's security service. Kirilov was a
top Russian general. His assassination here, not even five miles
from the Kremlin, brings the war much closer to home
for those living nearby.

Speaker 2 (17:27):
In Australia, broadcaster Alan Jones's addressed as in decent assault charges,
welcoming the opportunity to clear his name.

Speaker 12 (17:33):
I am certainly not guilty and I'll be presenting my
account to a jury.

Speaker 2 (17:40):
As you heard this morning.

Speaker 12 (17:41):
I will not be engaging in a running commentary in
the media. These allegations are all either baseless or they
distort the truth.

Speaker 2 (17:51):
I interviewed him months it's to say he was a
bit weird. Finally, to the top ten Weirdest Guinness World
Records for twenty twenty four, they're out, including the smallest
washing machine ever. Seven Sagi of India broke the record

(18:13):
when his appliance was officially measured at one point two
eight inches, smaller than a Tamagotchi toy. That's a reference
I haven't heard in a while. In order to qualify
for the record, Saji had to demonstrate that his washing
machine was fully functional and could run a full cycle wash, rinse,
and spin. But what is it washing and rinsing and
spinning at that size? For goodness sake?

Speaker 1 (18:35):
International correspondence with Ends and Eye Insurance, Peace of Mind
for New Zealand Business twenty.

Speaker 2 (18:42):
Three away from five. Dan Mitchison's a US correspondent, Luigi
Manngione charged with an act of terrorism in the United
Healthcare CEO killing Dan.

Speaker 13 (18:52):
Yeah.

Speaker 14 (18:53):
Interesting that they've charged him underneath this, and I think
we're going to find out a lot more, as is
kind of fralls in the next couple of days.

Speaker 2 (19:01):
Two.

Speaker 14 (19:01):
I mean, they're still trying to bring him to a
New York courtroom from Pennsylvania, and he was already charged
with murder last week of Brian and Thompson, the CEO.
But this indictment that we just heard today could help
move the procedural steps I guess towards extraditing him out
of here. And it's also interesting too, at the same

(19:21):
time that this is coming out, we just had a
pull out from Emerson College that's finding that more young
Americans that believe his assassination was acceptable than don't, which
I find very staggerant. I mean, forty one percent of
these people believe that the murder of Thompson, the CEO,
was somewhat or completely acceptable.

Speaker 2 (19:44):
That is shocking, Dan, because and I was pleased to
see that that included the word terrorism in the second
degree murder charge here because a lot of people saying,
OT's vigilante justice. No it's not. It's it's violence with
a political and allegedly political out of which is anti
you know, Wall Street, anti capitalism. I mean, that is

(20:04):
the definition of terrorism.

Speaker 14 (20:06):
It is, well, yeah, I mean you said that and perfectly,
And yet you've got all these defense funds that have
been popping up for him on a lot of different
websites as well. And the question though, that I'm wondering
after reading into a lot of this over the last
couple of days, I mean, are we and by we,
I mean the public and is this why that you're
getting so many people that seem to be siding with
this guy. Are they feeling sympathy for the shooter or

(20:28):
are people just angry at the healthcare system for you know,
the obvious reasons, you know, the high prices and the
red tape and the insurance companies that are denying the claims.
And I think that's what you hope it is, and
not the fact that they're giving a pass to this
guy that just went out and committed a cold blood
of murder.

Speaker 2 (20:48):
This young woman who's being accused of a shooting at
a Christian school in Wisconsin seen wearing a chilling a
chilling photo of her with a T shirt on what's
this about?

Speaker 14 (20:59):
Well, yeah, there is, I mean in a manifesto too
that she shared online before she stormed into this school today.
I mean, they're still not quite sure where this all
came from at this point. But what is interesting on
what everybody is talking about too is the fact that
you know, she is a girl and it's one of more.

(21:20):
I mean, this is the shooting that we had. I
hated to say it. I even asked my daughter today,
I said, how many shootings do you think we've had
on school grounds this year, and she guessed, she said
three hundred, and I said, well, you're clothes. It was
three hundred and twenty.

Speaker 2 (21:31):
This year so far.

Speaker 14 (21:32):
But what's unusual is that that this is a female shooter,
and you only have a handful of these I think
maybe twelve or thirteen that have been women in these
So I think that's what's got a lot of people
in newsrooms and out in the community and in the
media talking about something that is so unusual like this.
You have a teenager who is not the so called
traditional angry white male that we associate with many of

(21:53):
these shootings.

Speaker 2 (21:54):
Tell us about the hidden ticket fees and vacation rental
charges that have been banned in America.

Speaker 14 (22:00):
Well, yeah, let's sort of end things on a good
note here. I mean the Federal Trade Commission today, what
they're doing is banning hotels and ticketing and short term
rental companies from including these hidden junk fees and their prices,
which is good news if you want to come on
over on your summer holidays and visit us over here
in the US. So rather than getting hit with these
so called service or convenience fees, they're going to have

(22:21):
to let you know up front, because you go online
and you see, wow, this deal is just too good
to be true, and you get through, and you get through,
and by the time you get to the end, you
find a well, wait a minute, I'm paying a couple
of one hundred dollars more than I was told I
was going to be and these can add up to hundreds,
if not thousands of dollars for a family vacation. So
you think you're getting a bargain, you really aren't. This
is going to change and it could save nine fifty

(22:43):
sixty million hours per year for people who are searching
online for a great deal, not to mention billions of
dollars over the next decade in savings for people. So
come on over and take advantage of it.

Speaker 2 (22:54):
Sounds pretty good, Dan, Dan mentions and now US correspondent,
thanks so much for your time. Eight and a wife
from five. I'm sorry. Can we just just take a
second to reflect on that forty one percent of young
Americans think that it's okay or somewhat okay that a
young guy, point blank, first thing in the morning on

(23:14):
a busy street in New York shoots a dude for
running a company. Really, I can understand people getting upset,
getting angry. If you know you're someone sexually abuses one
of your family members or kills one of your family members,
I can understand why you would think it's justified to
shoot them or to take physical action against them. I

(23:36):
can understand that. But just for running a company, even
if that company did something bad, I mean, you have
to start worrying if this is the mindset you don't.
You have to start worrying about people who are you know,
who really are obsessed with climate change? What would they
think is justifiable to the CEO of BP? You know
where does this end? Seventeen to five politics credit, check

(24:01):
your customers and get payments certainty, Just go on quarter
just five News Talk ZIB. The senior political correspondent, Barry
Soper is in Wellington with us today. Hey Barry, good afternoon,
Right Ken, we can touch on the inconsistencies. Can we
over the conscience vote on Easter trading in Sunday advertising?

Speaker 3 (24:20):
Yes, it's fascinating, isn't it.

Speaker 15 (24:22):
That You've got to remember they'll keep Holly the Sabbath
Because the first reading of the advertising at the Weekends
bill that was successful ninety four to twenty nine. But
it seems the cruc affexion and the rise of Jesus.
A couple of days later at Easter trading, we people

(24:43):
have broken the law essentially to trade.

Speaker 3 (24:46):
Easter trading has been defeated again seventy.

Speaker 15 (24:49):
Four votes to forty nine, So the retailers won't be
able to trade at Easter weekend.

Speaker 3 (24:55):
But it's incredible, isn't it. At a time Ryan, when
you think, if.

Speaker 15 (24:58):
Ever the retailer we're facing it tough at the moment
that the MPs would have thought, well, let's give them
a break.

Speaker 2 (25:07):
Which MP's are we talking about? I mean, who was
largely in four and four?

Speaker 15 (25:13):
And again, well, if you look at the Easter trading
seventy four we're against in forty nine four, I would
imagine the whole of the National Party voted for. But
you know they don't do the breakdowns of who voted what, and.

Speaker 3 (25:31):
So you know it's a funny. It's a conscience vote.

Speaker 2 (25:34):
Yeah, it is weird in mansistent, Yeah, it is Lake Alice,
a torture survivor's art to get compensation.

Speaker 15 (25:40):
Yeah, well, you know a dreadful period in our history
that was they can either choose an expedited payment, a
quick payment for one hundred and fifty thousand dollars, or
they can lodge acclaim and that'll be viewed by an
independent arbiter and they'll make a determination on their mouth. Now,

(26:01):
these were many of them with kids and they were
getting shock treatment, which was absolutely shocking. They in fact
have got until April next year. Those are the ones
that want the expedited payment, or they can delay until
September next year if they want to negotiate a payment. Well,

(26:22):
payments will be all done by the end of next year.

Speaker 3 (26:25):
Now.

Speaker 15 (26:26):
The Minister Erica Stanford said all the organs of state
were notified about the torture of children, but it seems
no one was listening.

Speaker 16 (26:34):
Dozens more complaints and concerns were made to every government
department that had some connection or responsibility for lake Alis.
Complaints were made to police officers, social workers, heads of
departments of social welfare, education and health, the Medical Council,
Yombusman district inspectors, doctors and nurses, and none was sufficiently

(26:55):
acted on. The Crown utterly failed survivors. When we owed
the majority of care protection, you'd have.

Speaker 3 (27:01):
To say that was absolutely the case.

Speaker 2 (27:03):
Absolutely yeah, no arguing with that. The final clash of
the leaders in the House for the year.

Speaker 15 (27:09):
Yeah, the Prime Minister and the leader of the Opposition.
Given the clash, they'll no doubt certainly be pleased see
the last of each other. As Parliament draws to a
close for the year, they're having the adjournment debate. At
the moment Chris Luckson has just been on his feet
and Chris Hopkins followed him, but earlier on during question time.
Here they are, with Chris Luckson defending the record of

(27:31):
his Finance minister, Nichola Willis.

Speaker 17 (27:33):
Nichola Willis is going to go down as the best
finance minister as country's ever seen.

Speaker 2 (27:38):
He goes, by god, what a mess she.

Speaker 17 (27:40):
Has picked up, and she is cleaning house and she's
getting the job done, and she has delivered a value
for money, reliable, sensible, faery solution of rail, combatible fairies,
and our great Minister of Rail's got a limited window
to try and improve upon it.

Speaker 2 (27:55):
Otherwise we're going.

Speaker 17 (27:56):
To get new fairies twenty twenty nine.

Speaker 2 (27:57):
Don't you worry about it?

Speaker 18 (27:58):
So why does he think he the most unpopular prime
minister in New Zealand's history and what does he think
Nichola Willis is more likely to replace next year the
inter Island fairies or have his Prime Minister.

Speaker 2 (28:12):
I mean that is a bit ranch, isn't it? Isn't
that a bit ranch?

Speaker 17 (28:16):
How are the conversations with David Parker and Kieren McNulty
working out sun They're getting olf very well, haven't they?

Speaker 2 (28:21):
Goodness? Okay, all right? And just finally Shane Jones while
he's having a bit of fun too, well.

Speaker 3 (28:29):
Look he was at his lyrical best.

Speaker 15 (28:31):
I've got to say as he was lauding the success
of his regional summits, he's been holding up and down
the country in his mind. Jones told Parliament he hasn't
a sceric of doubt about how well they were.

Speaker 19 (28:45):
Received, unheralded popularity. The summits have been an opportunity to
meet and greet people. Occasionally there have been one of
three protesters as I've sought to engage garden variety Kiwis.
But the days of those mung being meddlers are over,
without a doubt. Taranaki will enjoy a boost with offshore

(29:07):
mining opportunities. Sadly, no, that's enough from the Kumua munches.

Speaker 2 (29:11):
I'm not going to have any of that today.

Speaker 19 (29:13):
And International Gas and Oil Explorer announced at six thirty
this morning they're no longer withdrawing from New Zealand and
on your behalf New Zealand. I claim a little credit
for that.

Speaker 15 (29:30):
God to say that's a great way to go out,
isn't it, Because you know, he is probably I think
one of the most humorous and able speakers in the
place at the moment.

Speaker 2 (29:38):
Yeah. That, well, they're a bit short on those, aren't they.

Speaker 3 (29:41):
They in the past week.

Speaker 2 (29:44):
We had great.

Speaker 15 (29:45):
Orators in the old days and they're not quite the
same today.

Speaker 3 (29:48):
So he's the pick of the budge at the moment.

Speaker 2 (29:51):
I think long may he rain, Uncle Shane, thank you
so much. Barry Soper out of Parliament, nine away from
five news talks, be.

Speaker 1 (29:58):
Putting the tough questions, the newspeakers, the mic Hosking breakfast.

Speaker 2 (30:02):
This is worse than expected.

Speaker 11 (30:03):
We're not going to be getting to surplus anytime this decade.
Only two things that are going up as debt and
interest repayments.

Speaker 2 (30:08):
Finance Minister Nicholaullss is with us.

Speaker 10 (30:10):
Hey.

Speaker 11 (30:10):
The other thing that's going up is growth.

Speaker 3 (30:12):
Next year. So that's a.

Speaker 11 (30:13):
Positive zero point five percent. Yeah, and then it recovers
beyond that. But after several years bouncing.

Speaker 20 (30:18):
Along the bottom and recessionary conditions, that period of sustained
growth will feel a lot better.

Speaker 2 (30:23):
I take your point.

Speaker 21 (30:24):
But we are still going backwards to capita next year,
aren't we.

Speaker 2 (30:26):
I mean, I'm literally going to be getting poorer.

Speaker 13 (30:28):
Look, there's no sugarcoating.

Speaker 22 (30:29):
It's what the Treasury presented was a tough set of
books that represent significant economic challenges for New Zealand. Now
the government is going to do the right things.

Speaker 1 (30:38):
Hey, the Duplessy on the mic Hosking Breakfast back tomorrow
at six am with the Jaguar f Base on News Talks.

Speaker 2 (30:45):
EDB six to five on News Talks dB oh nearly
did that. Now, Wellington City Council absolutely positively useless. So
they get finally they get to their long term plan
yesterday and they get it done and they get it
signed off, and you think they'd be like, all right,
I'm going to the pub for a drink and I'm
going to just get myself out of the media spotlight
for Christmas. No, after all of that, the councilor terry

(31:09):
O'Neill called Councilor Ray Chung a racist.

Speaker 20 (31:13):
The councilors that vote against the submission should be ashamed.
This is giving into racist rhetoric and it's for the
sake of a cheap boat. It is sinister to pretend
that your opposition to the submission is anything other than racist.

Speaker 2 (31:26):
So this was all over the submission on the Treaty
Principal's bill. Terry O'Neill's like a pakiha. Lady Ray Chung
is of Chinese descent. I believe she's calling him racist
because he doesn't want not because he doesn't support the bill,
but because he doesn't want the council to put a
submission in on a bill that's going nowhere anyway. So anyway,

(31:50):
Councilor Ray Chung is now laying a Code of conduct
complaint against Terry O'Neill for this, saying she shouldn't be
allowed to call him racist. This is serious, Terry. She's
now had a chat with Tory and stands by her comments.
She's now as in Tory is now reached out to
Ray for a one on one and as yet to
hear back. Good luck everybody. Four minutes away from five

(32:15):
on news talks, there'd be lots of your texts coming
in on ester trading. Who would have thought to be
honest with you. It's one of those issues I just
never really think about because it happens once a year
and it doesn't have a huge effect on me. It's
one effing day, says John. For goodness sakes, you can
do without shopping. Our parliamentarians have just conscience voted to

(32:37):
keep the ester trading restrictions in place for those who
are just joining us. Barry Soper was life from Parliament.
After five, we're going to the fast Track Bill. How
fast is the fast Track Bill? Is it fast enough
to beat an opposition which has held bent on reversing
anything the government gets through in this term and potentially
reversing any permits for projects that are passed as well.

(33:00):
All of that to the man in charge, Christ Bishop.

Speaker 23 (33:03):
Afternoons, the only drive show you can trust to ask

(33:41):
the questions.

Speaker 1 (33:42):
Get the answers by the facts and give the analysis.
Ryan Bridge on hither duplessy Ellen Drive with One New
Zealand Let's get connected.

Speaker 2 (33:51):
News Talk z B seven. After five we're two for
the fast Track The hotly debated fast Track Builder became
law last night, not before some protesters had their say
one final time.

Speaker 8 (34:14):
Leave the house. Please, no, don't do that, guys, pull that,
don't interfere.

Speaker 2 (34:27):
No, they certainly got told, didn't they. One hundred and
forty nine projects are named in the bill supposed to
get the big infrastructure stuff off and running, housing, energy
projects all off the ground faster. Chris Bishop is the
Minister for Infrastructure. Hello minister hello, thanks for being on
the program. What happens now the law's passed? How quickly
can a project happen?

Speaker 6 (34:49):
So the law has been passed and the Government General
wills fin it and then it will be officially law
and people will be able to apply on the seventh
of Febrary next year, and a whole lot of work
behind the scene. We're standing up the you know, we've
got a point of panel convened, a point of the
expert panels, if we've got to get the sort of
portal live and all the kind of you administrative stuff
that you'd expect. But seventh of February is the key.

Speaker 2 (35:11):
Date, so that's when you can apply. How long do
you think applications will take?

Speaker 6 (35:17):
Well, it will depend a little bit. Some are going
to be more complicated than others. But obviously we've got
that initial list of the one hundred and forty nine
projects that are sort of pre approved as meeting the
test of national and regional significance, so they'll be the
kind of fist cabs off the rank if you if
you want to put it like that, and then I'm
almost certain that many will apply straight away. We've got

(35:40):
to get the expert panel set up as quickly as possible,
so we're doing that work over the next six to
eight weeks, and then you know, they'll be sit up
and they'll be going off to the panel. So I
would expect you will see projects consented next year definitely.

Speaker 2 (35:53):
Will you be okay, that's good? And then presumably they
will be some of them will be going home wanting
to get shove and ground or an ocean whatever it
might be.

Speaker 6 (36:03):
Straightway, Yes, I mean, the whole point of the fast
track law is that it's a one stop shop. So
you're dealing with resource consents, Wildlife Act conservation. You know,
again it will depend on the project, but you know
all of the things you need to do so that
you can turn the first side and get on with things.
Fundings are separate issue. You know, there will be projects

(36:23):
that will get consented that that aren't economic to build
quite yet, or don't have funding attached, both from the
public and the private sector. But you know, if there's
private capital available and the projects are consented through the
fast Track, then you know they can get on with it.
And that's exactly what this country needs. We need people
putting up money, getting on with the job and getting
things built in this country.

Speaker 2 (36:43):
I couldn't agree with you more. But would you be
surprised if any who are on the list one hundred
and forty nine that you talk about don't get approval.

Speaker 6 (36:53):
Well, we've deliberately left it open for the expert panels
to decline projects in some circumstances where the adverse effects
on the environment outweigh the significance of the project. And
so you might remember when we first started talking about
fast Track, it was going to be the minister or

(37:13):
minister's plural the twika, you know, me and Shane and
sim we were going to have the ability to essentially
grant the consents ourselves. We changed that because, well, for
a variety of reasons, but we heard the sort of
public feedback around that, and so the Panels have the
ability to grant the final yay or nay, so you
know it will be ultimately over to the panels. But

(37:34):
we've sent a very clear message Parliament has and the
government has that we want to get on with the
job of making it easy to build infrastructure, renewable energy, minds,
quarries and all the things that this country needs to
get ahead.

Speaker 2 (37:46):
Opposition says if they are put back in charge, they'll
revoke consents. They are even warning those who are investing
in these projects look out, because you know we'll becoming
and making life hard for you. Do you think that
would put Bat's call some trepation in the minds of
those who are wanting to invest.

Speaker 6 (38:03):
Well, the Married Party said that, but I don't think
anyone takes them particularly seriously. I mean they're just a
joke of a political party that that sort of stuff
would make New Zealand into a banana republic. I mean,
no one should take.

Speaker 2 (38:13):
Well, we did the oil, and we did the oiland
was no warning.

Speaker 6 (38:18):
Yeah, well, I don't think anyone should take anything. The
Married Party says, seriously, this is a really important bill
and act actually now that will help New Zealand get ahead,
and any sort of suggestion from the opposition that projects
that are consented might have their their projects retrospectively reversed
or anything like that, you know, that would that would

(38:39):
see in New Zealand even further down down the past
the civil status where we were heading under.

Speaker 2 (38:43):
The last government. It's technically possible, though, I mean, if
a new government came in and they wanted to do that,
they could do that. What you're saying is that that
would just sully our reputation to the point beyond beyond
which it's a joke.

Speaker 6 (38:54):
Well, Parliament and New Zealand a sovereign you know, Parliament,
Supreme Parliament can do you know, almost anything in this country.
But there are institutional norms and constitutional conventions that prevent
parliaments doing things like that. So I would hope that
saner minds on the opposition ventures prevail and no want
to take any as any attention to the wild ramblings
of a favored political party in the married party. No

(39:15):
ultimately Parliament of sovereign, but I think saner minds would prevail.

Speaker 2 (39:19):
All right, minister, thank you for that. That's christ Biship,
Infrastructure Minister twelve after five Ryan Bridge. The bill's seeking
to remove Good Friday and Easter Sundays restricted trading days
has been voted down. Politicians voted against at seventy four
to forty nine, and the conscience vote Carolyn Young Retail
and Z Good Evening, Go TOV on the.

Speaker 4 (39:35):
Show, Carolyn Callen, nice to be here.

Speaker 2 (39:38):
You disappointed with that?

Speaker 24 (39:40):
We are really because you know it's a good opportunity.
It was a good opportunity for the trading shop trading
hours to be aligned with other places around the world.
And with online trading, you can buy anything. People will
be online on Christmas Day, purchasing, making purchases ahead of
Boxing Day, stores on on the on Boxing Day, and

(40:02):
there's nothing to stop someone trading online. So why would
not be sensible for someone for a store to be
able to be open should they want to be open
on Easter Friday or the Friday Easter Sunday.

Speaker 2 (40:15):
Well, I think it's the staff. It's the staff, isn't it.
It's giving everybody a day off together as one. I mean,
sure people can shop online, but you don't have to
man a physical store.

Speaker 24 (40:26):
Well, I think the thing about that is that we're
not all the same and so the fact that people
think that everybody wants to have the day off with
their family on that day, some people might rather work
and get the penal rates and then be able to
take the day and lose that they get as an
alternate public holiday that they could go to their son

(40:46):
or daughter's school sports day or see their play or
something like that which they couldn't do any other time.
Fair enough, sometimes that can give you greater flexibility.

Speaker 2 (40:54):
Are you giving up on this?

Speaker 4 (40:55):
Now?

Speaker 2 (40:55):
Is as dead in the water?

Speaker 24 (40:58):
Look, I think it'll come background again, Pops is here
up every time. We'll be looking to make it.

Speaker 2 (41:04):
Just like it'll be back next year. Hey, let's talk
about this this ComCom thing. So the comments question has
come out that got a draft proposal for reducing Visa
and master Card payment fees that we pay, which the
well the retailers pay and then we pay. And now
MasterCard has released a statement suggesting that some retailers pass

(41:24):
on more fees than they are actually charged.

Speaker 24 (41:28):
Do they look, it's a complicated space. What we can
say in somewhat, I guess is a short answer, but
the long answer is that the merchant service fee, which
is the total fee that retailers pay. Retailers and hospitality
businesses pay to accept transactions via those rails. There's up

(41:49):
to six providers in there that are all taking a
piece of the pie. For a retailer, it's a really
complex space to really understand what your total fees are
for problems. One is that when you pay on the terminal,
you go there and you pay a lot of people
think about it as being the f pos terminal, but
it's a terminal. Those terminals don't have the ability to

(42:10):
put differential fees on them, so you should. What we
want the terminal providers, and what we wrote to the
Commics Commission about was actually that the terminal food providers
need to be able to pay differential fees for a
debit transaction or a credit transaction. That would go some
way to alleviating that, I think also simplifying the system
so that everybody understands what the total fees are. The

(42:34):
draft that's come back for the Commerce Commission goes some
way to some of the things that we were looking for,
which is lower fees. But actually we our submission was
ready about we think that if the Commis Commission wants
the fees to be at one percential lower, which is
what they stated in their draft documentation for consultation. They
should regulate the total fee because what we know that

(42:57):
interchange is only one part of the fee.

Speaker 2 (43:00):
Yeah, they haven't done and in short, can you give
me just a really short yet or no here after
this draft proposal has been released, are consumers going to
get cheaper fees at the terminal?

Speaker 24 (43:13):
Well, retailers will will eventually get cheaper fees and consumers
will as well because the comments Commission will be regulate so.

Speaker 2 (43:22):
Long, so long as they're passed on. Carolyn, that's the key,
Carolyn Young, retail and Z sixteen after five. We all
want to be the best, don't we, But not all
of us get to say that we actually are the best.
One company that can proudly claim this accolade is One
New Zealand who've been named as having the best mobile
network and altor I forget this. The third year running,

(43:42):
the award was handed out in May by independent benchmarking
organization i'mlot, which tests and compares more than two hundred
mobile networks worldwide. Of the three major Kiwi tael cos,
one New Zealand's mobile network performed the very best they
came out on top for voice and dart and had
the most reliable mobile network. The results are good news

(44:04):
for one in Z, who invests millions of dollars each
year into its network. It's also good news for people
like you and me who rely heavily on our phones
for both work and personal use and need a mobile
network that keeps us connected. So if you'd like to
learn more about joining New Zealand's most reliable mobile network,
jump online and visit one dot in Z cry and Bridge.

(44:27):
You know this myth that you can claim insurance. Oh,
by the way, somebody has text in about what happened
at the Northern Club in Auckland, and yes we are
going to talk about that, and yes we will do
it soon right now. Though, you know that myth that
you can't claim insurance if you crash your car while
wearing jandles. Sometimes your mum would say, hey, you can't
wear chandles. Well, according to the Insurance and Financial Services
on Bodsman, it's all nonsense. Apparently insurers will decline your

(44:52):
claim for other reasons, but not just because you're wearing Jandles.
Karen Stevens is the Insurance and Financial Services on boardsman Karen. Hello,
hello Ryan, how are you very well? Thank you, so
we can cross this one off the list. It's a myth.

Speaker 25 (45:07):
It is a myth. And the thing is that most
people wear jendles when they drive. And the only thing
is if you know that wearing jendles, your jendle is
going to get stuck under the accelerator so that you
might hit something or that the particular problem with the
type of shoe you're wearing. Then of course you don't
do that because that's a risk that you don't take.

(45:28):
But otherwise, if you think that you've done many times
and there's never been a problem, then it should be okay.
What insurers are worried about are the risks that you
know about already that you take anyway, because those are
never going to be covered.

Speaker 2 (45:44):
No. But if you've got a warrn a fitness so
recently issued warrn of fitness and your tires are there's
a bit of tread lost on them, they a bit baled.
You might not know that, but they can still decline
you on that. Is that right?

Speaker 24 (45:58):
Yeah?

Speaker 25 (45:58):
And I think that the word you use there is
an important one recently issued whaff because in most cases
that we've seen through the ifso scheme, it's usually a
WAFT has been issued, you know, sort of nine months earlier,
and somebody's done probably hundreds of kilometers since that time.

(46:19):
They know that their tires were sort of a bit
borderline when they got the WHAFF, and they haven't done
anything to get new tires in the meantime. That's that's
the sort of thing that you know that there's a
bit of a risk there and you don't do anything
about it, And that's what an insurer is not prepared
to pay for.

Speaker 2 (46:36):
Right if you are so. Lots of people are going
on there summer roadies in the next couple of weeks,
next couple of days. Even if you've got your war
on a fitness you know, you've recently serviced, you've got
no other reasons to think there's something wrong with your car.
Do you have to or should you go and get
it checked anyway by a mechanic, because I mean, it
is expensive to get it done and they are busy

(46:57):
at this time of year.

Speaker 25 (46:58):
Not if there is no thing to alert you to
the fact that there's a problem. I think that's probably
going above and beyond. Most people will check their tires
before they go away and make sure that you know
everything is fine. If you look at your tires and
you think, oh, this one's looking a bit bored, or
oh there's a bit of a problem with this one,
then that's when you should do something, not think, oh,

(47:20):
she'll be right and leave it. It's the sort of
thing that you think about before you go. It's not
taking the risk that most of us wouldn't take in
that particular circumstance. And that's what insurers don't want you
to do. You know, most of the time, you know,

(47:40):
we can be a little bit careless, we can be
a little bit negligent, But if you take it that
step further and then you're positively reckless about oh, well,
look I don't care. I know that you know my
tires are a bit dodgy, or I've got a problem
with this, or you know, I'm leaving the house, but
I've left a window open to the cat.

Speaker 2 (47:59):
It's not so you most you're in different territory than Karen.
Thank you for that. Karen Stevens, Insurance and Financial Services
on Bardsman. On your road trip before you take off
this summer, make sure you've got no worries. Twenty four
after five News Talk said, be.

Speaker 1 (48:14):
The day's newsmakers talk to Ryan first, Ryan Bridge on
Heather Duper c Ellen drive with one New Zealand let's
get connected at news Talk as sid BE.

Speaker 2 (48:24):
Twenty six after five News Talk said be let's be
honest everybody, the news and the lead up to Christmas
has been a bit depressing. It's been a little bit gloomy,
a bit ho hum. Surplus is pushed out, costs have
blown out, rates are going up, and yesterday confirmation our
GDP per person will go backwards again next year. We've

(48:48):
all been running with clenched cheeks towards the end of
the year, hoping and praying for a bit of growth
in twenty twenty five, like you know, almost like you
know when you're holding a bit of gas after dinner,
trying to get to the car to let it out,
say that no one hears you. That's what we've been
doing getting to the end of this year, just hoping
against all hope that we will have some growth next year,

(49:10):
and then bang, the equivalent of a fiscal punch in
the face right on Christmas Eve, boom, no growth. In fact,
we're going to go backwards per person. It's disappointing, but
it's also not the end of the world. And that's
my message this afternoon. When you look at the rest
of the world, we have plenty to be grateful for.
At least we're not France. Their debts so bad they

(49:33):
can't even pass a budget without collapsing their entire government.
They are literally back to political square one, the same
place they were when we watched the Olympians get Giardia
in the Seine during the Olympics in July. No government,
no prime minister and no budget. So there we go.
Number one, we're not France, we're doing well. Number two,
we're not Germany. They also can't sort a budget without

(49:55):
collapsing a three way coalition. They're back to the polls
in January. Number three, see what are you feeling better already?
Number three Britain has care Starmer. We're not them. Australia
has Albanezi. We're not them. And four Yes, technically negative
real growth makes us losers, but at least we're not
losers like the Democrats and Kamala Harris. You see, most

(50:19):
of us saw our misfortunes coming. Those guys spent an
entire one hundred day campaign living in deluded La La land,
thinking that they would beat the don on their economy
didn't happen. So today it's not a great day, it's
not an awful day. And tomorrow, well tomorrow's neither great
nor awful either. But it could always be worse, couldn't it,

(50:43):
And for that we should always be grateful.

Speaker 3 (50:45):
Brian Breadley twenty.

Speaker 2 (50:47):
Nine minutes after five. Some very funny myths people are
sending in that their mothers have told them over the years.
We'll get some of those later on. Plus the Greens
on your cats, what exactly do they want to do?

Speaker 24 (51:07):
Good?

Speaker 1 (51:07):
The name you trust to get the answers you need.
Ryan Bridge on Heather d Pussy, Ellen Dray with one
New Zealand. Let's get connected and news talk as they'd
be if we could.

Speaker 9 (51:17):
Dreg it in.

Speaker 26 (51:18):
If you know me, put some on back heavy anderun
just do me and a drug Good afternoon.

Speaker 2 (51:29):
Twenty three minutes away from six, Chris text in the
show earlier are you going to talk? By the way
after six o'clock, we've got a lot more to come
and clear, We're going to do a little focus on
the markets with Milford because there's a bit of a
Sanda bump that happens at this time of year. So
if you've got shares and money invest in the stock market,

(51:50):
you want to know about the sand To bump right now.
Are you going to talk about the Auckland Club today,
says Chris. That's a very out there happening. In fact,
it's just Chris. Yes, I was planning to talk about
the Northern Club and Auckland and I never got round
to it. So here's a good excuse for those who
haven't caught up. So the Northern Club is like a
fancy place where it's a member's only bar and local

(52:14):
facility that rich people use. And there's a District Court
judge called Emma Aitken who went to the Northern Club
at the same time that New Zealand First was having
a party function there, and Winston Peters was there and
Casey Costello was there anyway, and so District Court Judge
Emma Aiken is there with her husband who's an intensive
care specialist and apparently a celebrity doctor. I'd never heard

(52:37):
of him, but anyway, his name is doctor David Galla.
They start yelling and sophisticated place. I've been in there
once for an interview. Who's that British pop star from
the nineties anyway, forget his name. He wasn't that memorable.
It's quite nice in there. You know, everybody's dressed well
and there's white table class and all that kind of stuff.

(53:00):
This District Court judge obviously had a few starts hurling
abuse and yelling at Winston Peters in Casey Costello as
they're holding this event, and this intensive care specialist says
apparently yelled out, you're doing a shit job in government.
I mean, can you imagine how embarrassing at a very

(53:20):
posh club, well to do club in Auckland. Apparently this
is the bad part. They told a waiter, this is
Dr David Gallard, according to the Herald, apparently told one
of the waiters that of the staff there, since when
do we start allowing Indians to enter the club? Now
I'm assuming he is talking about a Casey Costello who
was by the way of Maui and English and Irish heritage,

(53:43):
not Indian, but that's who he was talking about when
he was making all these accusations. Absolutely feral behavior. You know,
you can dress them up in their wigs, with their
gavels and their scrubs at hospital. But that, my friends
reads if you ask me, and they should be kicked
out of the club. That's the same club where old Pokinghorn, remember,

(54:07):
and they gave him the boot after well a lot
obviously woners trial, but on the meth alone they got
rid of him from the club. I would have thought
you'd clean them out with the same broom and brush.
Twenty away from six Ray and Bridge, the Greens are
having a crack at compulsory microchipping for all domestic cats.

(54:28):
Green and p Cellia Wade Brown is proposing a new
law that would force every cat owner to microchip their
cat and register it in a national Register of domestic Cats. However,
the bill doesn't include making d sexing compulsory. Green party
in p Celly Wade Brown is with me. Now, Hello,
good afternoon, Ryan. How are you very well? Thank you.

(54:50):
How difficult do you think it's going to be to
microchip all domestic cats?

Speaker 21 (54:56):
Well, I think about half of people's pets are already microchips,
and we want to make sure that all of them
can be reunited with their owners.

Speaker 2 (55:06):
And why aren't you including compulsory d sixing.

Speaker 21 (55:11):
Well, about eighty eight percent of cats are already defixed,
So we think it's important that the second half of
cats that aren't micro chipped and registered, and that that's
our priority. That's going to improve cat welfare because they'll
be reunited and it will also decrease the number of
strays that become ferrals and are a big problem for

(55:33):
our wonderful, unique wildlife.

Speaker 2 (55:35):
But why not make it compulsory to d six them
so they don't keep procreating and causing more problems.

Speaker 21 (55:43):
Many people do desecx their cats already god free chips.
That's only twelve percent of the total. And we think.

Speaker 2 (55:52):
About very unifications breed like rabbits, don't they cats?

Speaker 21 (55:56):
Certainly, uncontrolled breeding can cause problems, and there are far
too many far or cats. This bill is a step
towards reducing the.

Speaker 2 (56:05):
Number of Why certainly, why take one stick when you
can take two? I mean, why leave the gate open
to twelve percent? Gate open to feral breeding.

Speaker 21 (56:16):
I think there's a lot of people that would like
to consider whether we do compulsory desexing, and that may
come up when I get the bill to Select committee.
The first step is to get this bill to Select
committee so that we can hear the public's views, the
experts views, the animal welfare people in more detail. I've
been working with animal welfare people and conservation groups, and

(56:38):
you're right, there are a lot of people that are
interested in cats being de sex It's a bit more complex.
You need a breeders register, and it's just a step
too far for a private members bill a members fill.

Speaker 2 (56:53):
What happens to all the stray cats when they aren't microchipped.

Speaker 21 (56:58):
Well, it depends what the calls or other organizations that
are already doing, I mean ferral cats in the middle
of field land where you're not allowed to have cats anyway.
That will continue with the whatever trapping procedures that they're
using at the moment. But there's some new technology with
live traps that they won't even go off if it's

(57:19):
a domestic cat, and also if it's a live trap
where it's difficult to know near people's houses where there
are cats, a pet cat or a ferral cat, and
so having a micro chip will make it much easier
to return them home.

Speaker 2 (57:36):
We should bring back those competitions where they shoot the
feral ones. Do you like those?

Speaker 21 (57:41):
I think that the Mirror Mar Peninsula would be much
better off with live traps, have you.

Speaker 2 (57:47):
Yeah, Meanwhire and Mirror Mar. I suppose. But you know
in the rural areas, you're all on board with them,
you know, shooting them.

Speaker 21 (57:54):
Well, the rural communities have been doing a fantastic job
in the catchment communities of bringing that while life and
they don't want to harm their neighbors pet cats either,
So we'll just see horses for courses, rural and town
and city and wild field land.

Speaker 2 (58:11):
It's hard, Isn't that? It's hard? Seily be because it's
because you're you're a green empe and you can't say
shoot cats, you know what I mean, even though you
might want to.

Speaker 21 (58:21):
I think the green MP's are pretty keen on our
overall commitment to both climate protection and nature protection. And
this is one step towards protecting nature with some added
benefits for pet cats.

Speaker 2 (58:36):
All right, get on your Celia Sila around Green Impe.
It is sixteen to two.

Speaker 1 (58:39):
Six the Huddle with New Zealand Southerby's International Realty, Local
and global exposure like no other.

Speaker 2 (58:46):
Welcome to Tim Wilson, the Mexim Institute, Jack Tame host
of Q and A and Saturday mornings on ZB. Good evening, guys,
good evening, Good evening. What do we think, Tim, what
do we think about the cats?

Speaker 13 (59:00):
Well, you probably didn't hear it, but Jack was cracking
up because Cecilia wouldn't take your bait that you dangled
Ryan shooting feral cats. Now, there may or may not
be a place called Young's eergun Shop on Dominion Road
that does Kalashnikov mockups fully automatic BB guns. Now I'm
not suggesting that that's that's the thing to do. I

(59:22):
think she's trying to solve a problem that she thinks
she can solve. It's the micro chipping, so go for it.
But the problem is the numbers. Microchipping is forty to
eighty bucks, desexing fifteen bucks for a male. I know
where i'd go.

Speaker 2 (59:34):
Yeah, well the good point, Jack, what are you? Poor?
Poor Cillia way Brown? I mean, well, came on here
to do a nice interview.

Speaker 27 (59:44):
It was the casualness with which she said, you like
shooting cats?

Speaker 8 (59:47):
So like.

Speaker 27 (59:50):
This, I can see the way your brain's working, and
I love it. Look, I am speaking from the perspective
of someone who made some extremely ill advised comments about
about cats and the protection of birds and various measures
that might help in that front on morning television in

(01:00:10):
the past, and as a result has received about ten
thousand letters of complaint and various death threats and things
in the male. So I'm going to be very careful
with my language, but I am not a big fan
of cats. I think compository marcroshipping is a really good idea.
I think you're right. I think we could go one
step further and have desexting as well. I'd be personally
supportive of that, and I think in the right setting

(01:00:32):
in rural communities when it comes to feral cats not
domestic cats, that yes, sometimes those competitions they have to
try and reduce the feral cat numbers are a very
good idea.

Speaker 13 (01:00:44):
Yeah, because oh my goodness, see the air will cloud,
the air will cloud with texts. Jack Tamer is for
shooting cats. Look out, guys.

Speaker 2 (01:00:51):
I just think because we don't have we've got birds. Basically,
we don't have much in the way of interesting things
to look at in the bush. But we've got birds
and we've got cats killing them, so we need to
kill the cats. Quite simple.

Speaker 27 (01:01:05):
Well, I mean I think that the theory would be
that if we do have more micro chipping and we
have more decexing, which again I support, then hopefully we
would have fewer feral cats in the future and they
would present less of a risk to birds and preps.
We wouldn't have to hunt them as well.

Speaker 2 (01:01:21):
It is thirteen away from six. Coming up next, Tim
Wilson and Jack Tame on the ferals at the Northern Club.

Speaker 1 (01:01:27):
The huddle with New Zealand Southeby's International Realty elevated the
marketing of your Home.

Speaker 2 (01:01:33):
Eleven to six. Tim Wilson the Maxim Institute and Jack
Tame host a Q and A and Saturday mornings on
ZB Guys, that's before we get to the Northern Club
and what the judge and the senior lawyer did or
didn't say to Winston Peters there the easter trading thing.
Obviously the conscience vote has gone nowhere, so easter trading
won't be happening anytime soon for me, Tim, I mean,

(01:01:56):
this is not a religious thing or anything. It's just
it's nice for people to have a after we need
to be shopping every day and you can do it
online anyway.

Speaker 13 (01:02:04):
Yeah, that's that's true, but I guess I was thinking
about those people and obviously, for for me and my
family it's a it's a it's a sacred day. But
for those who don't you know who who don't see
it that way, and the right not to work on
Good Friday, that sort of seemed a fairness issue, which
you would think would appeal to you know, keewis love fairness.

(01:02:26):
So I was quite I was quite surprised by the
sort of vehemence of the response in Parliament on that
conscience vote today. I don't know how much conscience was
being operated. Maybe there's a bit of secret whipping going on.

Speaker 27 (01:02:39):
Well it looks like it, Jack, What do you think, Yeah,
I mean I'm a little surprised actually, because you know
it just I feel like this issue comes up every
single year and has done for my entire lifetime. Like
it feels like that for decades now. Every Easter we
have the inevitable newspaper editorials or talk back radio conversations.

Speaker 3 (01:03:01):
About why don't we allow trading?

Speaker 27 (01:03:03):
We like, you say, you can go and shop, you
can go and buy stuff on the internet, so why
should you be able to buy stuff on the internet,
but you can't go down to your local garden center
and pick.

Speaker 2 (01:03:10):
Up a thing or two.

Speaker 27 (01:03:11):
So look, I was a little surprised to see the
vote today. I think the only way this debate would
be stopped is if they voted to support easter trading.
And you know we're not there now obviously, but yeah,
you know, I just I think it's inevitable that come
next year, once again we're going to be saying, oh,
why you're allowed to go down to the shops?

Speaker 2 (01:03:30):
Yeah that retail and Z said they pretty much exactly that.
I said, when's the next time you think you're going
to raise this issue? And she goes, well, next year, Hey,
let's talk about what happened Evan Northern. First of all, Tim,
have you been to the Northern Club? What's what's it like?

Speaker 22 (01:03:47):
Can you give us as it's pretty swish and it's yeah,
it's not quite you know, lit the hallways of the powerful,
murmuring their assertions and cravats.

Speaker 13 (01:03:59):
But it is it's wish, it's quiet and it's orderly.
So what what I mean what we're hearing about sounds
like some kind of you know, orientation week brought to
the Northern Club with judges screaming out at you know,
the deputy Prime minister. And you think if you flipped it,
like if there was a judge was found to be

(01:04:19):
screaming at, say, you know it's the deputy prime minister
who was a Greenee. I think this is a bit
of politics going on here as well, where the elite,
a group of members of the elite don't like the
politics of a particular party and they're playing it out.
But that's not leadership. That's not what leaders do. And
you were saying, you know, oh, they should boot them out.

(01:04:40):
N I think actually they should be made to do
the dishes at the Northern Club for two weeks or
working with a lot of Indians.

Speaker 27 (01:04:48):
Isn't it amazing that it doesn't matter what First of all,
I'm glad to see that I'm the only one of
the three of us never to have been to the
Northern Club, so I spoken.

Speaker 13 (01:04:55):
Stat well, you're the one who's saying you've never been
to the Northern Club, Jack.

Speaker 27 (01:05:00):
I find it just amazing. It doesn't matter. It doesn't
matter how professionally successful you are, it doesn't matter how
fancy your job title is. All of that stuff, you
can still come across at a Christmas party, Like what
was going on at this judge's party that things got
so loose? Now, you know, I think it should be
pointed out, is it David Galler.

Speaker 4 (01:05:21):
Is it?

Speaker 27 (01:05:22):
Yeah, he's so strenuously denying he made any kind of
racist comment, but you would have to say, from the
details that aren't being.

Speaker 13 (01:05:30):
Denied, it has been reported.

Speaker 3 (01:05:33):
Yeah, it's just.

Speaker 27 (01:05:33):
Totally totally inappropriate behavior, like you say, definitely has an
ear of politics about it. We should have, you know,
total separation when it comes to the judiciary and politicians.
So I hope that politicians don't go too far in
terms of the consequences that they are demanding of this situation.

Speaker 2 (01:05:50):
But yeah, I think hopefully this.

Speaker 27 (01:05:52):
Reflects really really poorly on those rolls.

Speaker 2 (01:05:54):
Yeah, it does. I think hopefully we can just leave
it there as a sort of a messy end to
the year and a bit bit too much booze at
a Christmas party. Guys, thanks so much for being on
with me. Six minutes away from six that's Jack Tame
and Tim Wilson on ZB.

Speaker 1 (01:06:08):
Red or Blue, Trump or Harris who will win the
battleground states? The latest on the US election. It's Heather
duplicy Alan Drive with one New Zealand Let's get connected
US TALKSB.

Speaker 2 (01:06:21):
News Talk ZB coming up after the News at six,
we are talking to a reporter out of Vila in Vanahatu.
The runway they've got issues with that cracks in the
side of the runway. There has been a landslide on
the port. So how are you going to resupply? They're
okay for supplies at the moment, according to latest reports,
but how do you resupply this area that's been hit

(01:06:44):
by an earthquake. Fourteen people have sadly lost their lives. Thankfully,
some good news today. They did find those two IMFAT
workers are locals who worked for m FAT. They did
find them, so a little spot of bright news. Will
check in with our reporter after this.

Speaker 1 (01:07:06):
What up, what's down? What were the major calls and
how will it affect the economy.

Speaker 3 (01:07:12):
Of big business?

Speaker 1 (01:07:13):
Questions on the Business Hour with Ryan Bridge and my
Ata on News Talks.

Speaker 2 (01:07:18):
FB seven after six, New Talk SEDB. In just a
few moments, we are looking at S and P global ratings.
What are they saying about the government's books we revealed yesterday?
Right now Key we search and Rescue teams are preparing
to fly to Vanuatu in the next few hours. Early
reports estimate hundreds have been injured. More than a dozen
people have died. This after yesterday's seven point three earthquake.

(01:07:41):
There is little to no electricity, running water, or fuel.
Journalist Dan McGarry is with us from Vanuatu. Dan, thanks
for being on the program. First of all, where exactly
are you and what's going on where you are right now?

Speaker 28 (01:07:55):
I'm in Portfolio, the capital, which was about thirty four
to thirty five kilometers away from the epicenter of the earthquake.
It is because it's the most built up area on
this island. It's the area that has experienced the most damage.
We've seen buildings destroyed, you know. I'm sure you've seen
the images and widespread damage to a great many buildings,

(01:08:20):
especially in the city center. We have seen massive landslides.
They're visible from you know, over a kilometer away down
in the area right beside our national shipping or international
shipping terminal that's been closed. The entire facility is out

(01:08:40):
of bounds now, as is the downtown area in Port Vila.
Power is off. Water is being restored very slowly to
local neighborhoods. We lost two large capacity water tanks on
the hills just outside of town, and so water supply

(01:09:02):
is going to be a continuing concern. We've also seen
the National Disaster Management Office is reporting fourteen dead, two
hundred injured, and they expect that the casualty figure will
increase in the next day or so.

Speaker 2 (01:09:19):
Are they still hopeful of finding people alive.

Speaker 28 (01:09:23):
I've heard that rescue operations are ongoing. Somebody told me
that they had pulled somebody out. I haven't been able
to confirm it, so I won't speculate. However, we do
know that there were four bodies recovered from the wreckage
in the last twenty four hours or so.

Speaker 2 (01:09:41):
So the port is basically out of action because of
the landslide. What about the earfield? What about the airport?

Speaker 28 (01:09:49):
There were cracks reported on the edge of the tarmac,
so I think prior to any plane landing they're going
to need to get engineers to take a close look
at at the extent of the damage. So it's just
too soon to say what's going on. But there are
no flights incoming or outgoing at this time. There were

(01:10:10):
overflights by Royal Australian Air Force and New Zealand Air
Force planes to do aerial surveys, but I don't think
that any of them have landed.

Speaker 2 (01:10:21):
Is that a problem that we can't you can't get
freightened or can't get any air freight in at the moment?
Are people in need of water or food or supplies?

Speaker 28 (01:10:30):
We've got enough because we're you know, we import almost
everything by ship. You know, we're used to having a
fairly large standing stock of essentials. But with these two
facilities constrained and possibly offline, that's a really significant concern
in terms of resupply. And so you can imagine, you know,

(01:10:53):
there are a lot of people who are waiting anxiously
to see just what the extent of the damage was,
especially down in the content.

Speaker 2 (01:11:00):
All right, take care Dan. That's Dan McGarry, who's a
journalist based in Portville, Vanawatu. It has just gone ten
minutes after six News Talk said b coming up next,
what are the rating agencies saying about us? After we
opened our books yesterday?

Speaker 1 (01:11:14):
Analysis from the experts bringing you everything you need to
know on the US election. It's The Business Hour with
Heather Duplicy, Allen and my Hr ehr solution for busy
SMEs News Talks EDB.

Speaker 2 (01:11:28):
Six thirteen News Talk ZAIB. SMP Global Ratings is warning
that all the debt we're going to need to keep
the lights on is going to come at a cost.
Treasury yesterday warned that the government will need twenty billion
dollars more than forecast at the budget in May. It's
next to sixteen percent in bonds than was predicted. And
Jane tips Training is with us. She's The Herald's Wellington

(01:11:48):
business editor. She's been across this story. Good evening, Jane.
Nice to have you back on the show.

Speaker 29 (01:11:53):
Hello, Ryan, good to be here.

Speaker 2 (01:11:55):
Now, what has SMP been telling you?

Speaker 30 (01:11:58):
So?

Speaker 29 (01:11:58):
I've just come off the phone with a guy called
Martin fu. Now, you know, credit rating agencies what they
have to say about the New Zealand government books matters
because our credit rating agent. Credit rating determines the sort
of interest rates that we pay investors who buy our debt. Now,
Martin noted, you know they're still digesting the numbers. For

(01:12:21):
now New Zealand's credit rating has not changed. The outlook
is still stable. But he was surprised by the deterioration
of the economic forecast you know, the things are not
looking as good as previously assumed. He also made the
point that because the New Zealand government is having to
issue in additional sixteen percent more bonds, additional twenty billion

(01:12:46):
dollars over four years, that's a lot more than expected.
Because of that, he reckons, sure, there will be investors
around the world and domestically who are willing to buy
those bonds, but it'll come at a cost. Right, So
if there are more bonds in the market, the price
of the bonds falls and the yields rise, so that
means we have to pay more interest most likely to

(01:13:10):
get these bonds sold. So Martin Foo made the point that,
you know, the New Zealand government is not the only
one issuing a whole lot of debt at the moment us.
You know, all through Europe they're doing the same thing.
There are a whole lot of bonds to be bought
in the bond market. Because of that, the interest rates,
the yields, there will be some upward pressure on that
that will rise a bit. So that means, you know,

(01:13:31):
we are paying more interest for the debt.

Speaker 2 (01:13:33):
Interesting, isn't it, because then you start thinking, right, you know,
making a decision in isolation. To issue bonds is one thing.
You know, to take on more debt is one thing,
But then how what the market situation is like at
the time that you actually do that as another And
that's exactly what you're telling us now. And then does
it make you reevaluate whether, oh, perhaps I should have

(01:13:54):
cut more spending or perhaps I should have raised revenue.

Speaker 29 (01:13:58):
Yeah, well that's the thing. When COVID came along, interest
rates were really low, so servicing the debt was very cheap,
and everyone expected interest rates to remain low. So we
didn't foresee the sorts of inflation that we've had globally,
which means we didn't foresee interest rates rising as much
and therefore debt servicing costs rising as much as they have.

(01:14:19):
So the Treasury thinks that the cost of servicing the
debt could hit about twelve billion dollars by twenty eight,
twenty twenty eight, twenty twenty nine, So twelve billion dollars
in a year. That's that's really high.

Speaker 2 (01:14:32):
And this wasn't healthy, it's saying, is it.

Speaker 29 (01:14:37):
Yeah, yeah, well something like that, And you know, we
didn't we didn't foresee that. The reason fiscal conservatives. Conservatives
will say we need to get back to surplus. Is
because once we get the books back to surplus, we
can start repaying the debt. What we're doing at the
moment is just rolling over the COVID debt and then
issuing more debt on top of that to pay for

(01:14:59):
all the new spend. And you know that's fine. We
actually need to keep the lights on in the country.
We have all this infrastructure that we need to invest in,
but it does come at a cost. And other countries
are doing the same thing, and that is putting upward
pressure on those on those interest.

Speaker 2 (01:15:13):
Rates, which gets us to the peak forty seven percent
GDP to debt to GDP ratio that we're expected to
hit on the back of these new forecasts. Right and
you know, you look for pre COVID, we were sitting
at around twenty we're always twenty or maybe up to
twenty four, but less than that. Then we went up
to forty. Now we're going to peak at forty seven

(01:15:35):
percent debt to GDP. Is that how worrying is that?
Obviously it's nothing nowhere near what other countries like Europe, etc. Are,
But we're a small trading nation. How vulnerable are we
on that.

Speaker 29 (01:15:46):
Well, that's the exact thing.

Speaker 9 (01:15:48):
You know.

Speaker 29 (01:15:48):
There'll be people who say, we can't just go slashing
everything because we need you know, healthcare, and we desperately
need investment in infrastructure, so we can't go not spending money.
But on the other hand, if there was to be
another big disaster or another big event, we are exposed.
We're a little ireland. We rely on our trading partners.

(01:16:09):
The world is a pretty volatile and uncertain place. There
is arguably greater need for us to have our books
in really good shape because of our vulnerabilities compared to
other countries like the US, you know, which have way
more debt than we have, even relative to the size
of the economy. So it's a balancing act and you know,
the government has a national at least has suggested it

(01:16:31):
does want to strike a good balance and not you know,
slash spending at all costs. Whether they are striking that
right the balance in a good way is the issue
that's really up for debate.

Speaker 2 (01:16:45):
To know, really good analysis. Thank you so much for that.
Jena to Trainey, who's New Zealand Herald's Wellington business editor,
with US Live nineteen minutes after six on news Talk SEBB.
So at the moment it sounds like the rating agencies,
the s and ps, etc. They're not they're not panicking
about what's going on, but they do say it's going
to cost us because everyone else is issuing bonds and
we're issuing a lot more of them than we thought.

(01:17:07):
We won't get as good a price, as mean as
we're going to pay more for the debt that we
need to run the place. Nineteen after six Coming up next?
What is coming up next? Forgive me? It's Milford and
we're talking about Santa. What has Santa got to do
with your shares?

Speaker 1 (01:17:24):
Whether it's macro micro or just playing economics. It's all
on the Business Hours with Ryan Bridge and my HR
the HR solution for busy SMEs News talksb.

Speaker 2 (01:17:35):
Twenty two after six. Time to have a quick look
at the market. Stephanie Bachelor from Milford Asset Managements with me. Stephanie, Hello,
good afternoon, Ryan. There's a phenomenon in the financial markets.
They call it the Santa Rally. Apparently happens every year.
What is it?

Speaker 30 (01:17:50):
Yeah, So the Centanta rally refers to the share market's
history of being really strong over the last five trading
sessions in December and the first two trading sessions in
the new year. If you go back and look at
every year since nineteen twenty eight, those seven trading sessions
have delivered positive returns almost eighty percent of the time,
and on average it's delivered a return of about one

(01:18:12):
point six percent. So it's a nice little gift from Center.

Speaker 2 (01:18:16):
Is this like what causes it? Because is this more
just that most traders are actually away on holiday at
this time.

Speaker 30 (01:18:23):
Yeah, so that's part of it. It's not really known,
but there are a few theories. So one is that
it's a time when people get Christmas cash gifts or
work bonuses that they then want to put to work
in the markets. And because a lot of those professional investors,
as you mentioned, are off on holiday, there are fewer
trades happening, and so that can amplify share price movements.

(01:18:45):
Others kind of think it's just the general holiday optimism
that helps, or it could actually just be a bit
of a self fulfilling prophecy. Because people know about CENTER rally,
they invest in stocks to benefit from it, which in
turn pushes is higher and kind of causes the Center
rally in itself.

Speaker 2 (01:19:03):
We actually can't discount Stephanie that it might actually be
Santa at work.

Speaker 30 (01:19:10):
True, I hadn't thought of that one.

Speaker 2 (01:19:12):
Nice to learn it for some people then if they
want to jump in at this time of year, what
let's take a look back at the year that was though,
how global markets ended up in general? Obviously, the US
has been up heaps, Japan's been up heaps. Tell us
the numbers.

Speaker 30 (01:19:25):
Yeah, so it's been an incredibly strong year pretty much
all around. So as you say, the US market has
been the strongest, up twenty seven percent, Japan also strong
eighteen percent, and actually China's done quite well since the
government announced stimulus measures, so that's kind of up in
the mid teens. And then we have New Zealand, Australia,
Europe all coming in around nine percent, and the UK's

(01:19:47):
at seven percent, So pretty positive all round.

Speaker 2 (01:19:50):
What have been some of the big winners? You know,
I'm thinking tech stocks AI.

Speaker 30 (01:19:55):
Yeah, So if we look at the MSCI world, it's
the main global The best performing stock has been a
company called app Lovin, and it's up seven hundred and
sixty percent this year. So that's a technology company that
provides advertising solutions to gaming app developers. And then the
next one on the list is Palenteer, which is up

(01:20:17):
three hundred and forty percent, and again it's a tech company.
It offers software platforms to help companies better analyze and
utilize all the data that they that they have. And
both of these, as you say, they're considered AI stocks,
so that theme is very much alive and well. And
another name that people might recognize is robin Hood that's

(01:20:39):
coming in at number five, up two hundred and forty percent,
and that's the stock trading platform that became really popular
during COVID at Love.

Speaker 2 (01:20:47):
And I hadn't heard of that one before. I'm just
googling it now. Really interesting company. Let's talk about the
big bad boy of well, not bad boy, but the
big boy of the post child of AI in Nvidia.
How have they performed this year because obviously they had
a stellar run over the last four to five years.

Speaker 30 (01:21:03):
Yeah, they have, so it's it's still right up there.
It's number eight on the list, so a very healthy
upp one hundred and seventy percent year to date. But
keep in mind that's after a very strong run, you know,
two hundred and forty percent last year, so very impressive
growth still for that one.

Speaker 2 (01:21:20):
And then now where their market cap is now more
than the next five listed a top five listed companies
or something ridiculous like that, and the companies that haven't
done so well s Jeff this year.

Speaker 30 (01:21:35):
Yeah, So in stark contrast to Nvidia is actually another
semiconductor company called Intel, and it used to be the
largest computer chip maker, but it's more focused on legacy
PC chips rather than those kind of newer, hotter areas
of the market which are GPUs and that's all about AI.
So shares of Intel are down about sixty percent this year.

(01:21:58):
And then another name people might remember is Maderna. So
it rolled out one of the first COVID vaccines back
in twenty twenty and shares did really well, but of
course vaccine sales have fallen and it doesn't have enough
of the sort of other products or other vaccines to
fill the gap. So shares on this one also down
about sixty percent this year.

Speaker 2 (01:22:19):
All right, stephaniely, thank you for that's Stephanie Bachelor Milfin
Asset Management with a market wrap just coming up twenty
seven minutes after six year on news Talk, said be
lots more to come. After the news, I'll tell you
about the hunting accident in the United States. It's making headlines.
It's a shocking story. Also, the bridge from Winyard Quarter
will get you from Silo Parks of Winyard Quarter. They've

(01:22:40):
fixed it ten million dollars again two times now. It's
it's broken after being fixed. So we'll get to look
at that as well.

Speaker 1 (01:22:54):
Everything from SMEs to the big corporates. The Business Hour
with Ryan Bridge and My the HR Solution for busy
s Emmy on News Talk ZIBB.

Speaker 3 (01:23:05):
Sebaration.

Speaker 2 (01:23:10):
And Mere seven Good evening, twenty five away from seven
Newstalk ZVB. We're going live to our correspondent, our international
correspondent just before seven right now. Virginia and the United States.

(01:23:31):
This is an awful case of it's kind of calmer
to be honest with you. So a group of hunters
go hunting in Virginia for beers. They're going beer shooting
and follow the beer through the forest through the trees.
Beer runs up a tree. This is a true story.
It's been reported today. A beer runs up a tree.

(01:23:53):
The hunters pull back from the tree to see if
they can get it catch a glimpse of the beer.
One hunter does catch a glimpse of the bear, opens fire,
kills the bear. Beer falls from the tree, lands on hunter,
kills hunter karma, isn't it?

Speaker 8 (01:24:09):
I mean?

Speaker 2 (01:24:10):
And moral of the story, it's a dangerous thing. Apparently
this is quite common. Another man was injured in twenty nineteen.
So his hunting partner shot a bear in tree and
this is in North Carolina. The bear fell out of
the tree, wasn't dead, started biting the hunter. I mean,
there dangerous animals. What do you expect? Anyway? The man

(01:24:30):
and the animal then tumble off a cliff. Hunter taken
to hospital. Bear was found dead. Moral of the story,
dangerous bear hunting dangerous twenty four away from seven ran Bridge.
Also potentially dangerous is installing some of our kitchen bench
tops In New Zealand. The government has opened a consultation
process around the harmful effects of engineered stone that's used

(01:24:53):
in our kitchens. Australia banned the use of them and
the manufacturer back in July after evidence of serious illness
from dust particles. The government has expressed a number of
options are possible, including a partial or total band Doctor
Alexandra Mutu is the Royal Australasian College of Physicians spokesperson
and is with me this evening. Good evening, Hi Ryan,

(01:25:16):
how are you very well? Thank you? Can you give
us an idea of exactly what it is we're talking
about here? Engineered stone? What is it? How common is
it in New Zealand.

Speaker 31 (01:25:26):
So if you have a look at the kitchen at
your workplace or your home and maybe a bathroom, that
benchtop material is probably made of engineered stone. It's the
most common sort of thing that's used in those locations
in your property because it's really easy to fabricate and
it looks good.

Speaker 2 (01:25:46):
Looks like marble somewhere. Let's not go overboard. But it
looks nice, yes, And is it harmful to us if
we just sitting here eating.

Speaker 31 (01:25:55):
Off it, No, it's not harmful. It's a little bit
like asbestos, if any of their listeners know about that.
So if it's left alone and it's solid, then it
is fine. The danger is that when it's being maybe
what we call fabricated, which is you might put a
tool onto it and you make dust. It's got a
very high content of silica in it, and so that

(01:26:17):
dust goes into the air, which is made of silica dust,
and you breed that in and it gets right to
the bottom of the lungs and causes a whole raft
of health conditions, both in the lungs but also elsewhere
in the body.

Speaker 2 (01:26:30):
Does a mask fix that.

Speaker 31 (01:26:32):
Only some masks work, and only if they're worn properly,
and it's very tricky to do it well. There's also
silica in natural rocks, so when people are doing construction
work like the tunnels or mining, that also produces silica
dust in the air, but that is at a much

(01:26:52):
lower concentration. So an engineered stones, the concentration can be
right up above eighty ninety percent of the product, you know,
is silica, and so what you're breathing in is a
very high concentration of silica dust. And we know from
the research and from what work Safe has done when
they've gone and looked at these workplaces, is that even

(01:27:14):
after really good education, people cut corners. They either don't
wear a mask or they don't wear it properly. And
so there's other things that can be done.

Speaker 13 (01:27:24):
Like.

Speaker 31 (01:27:25):
When you're producing that dust, you can use water to
dampen down the dust. Again, that only works partially, and
so we know that we're still getting workers who are
getting high concentrations of silica dust down into their lungs,
even when they're doing everything they can to try and
protect themselves and their colleagues.

Speaker 2 (01:27:47):
How does it affect their health?

Speaker 31 (01:27:50):
It can affect your health in multiple ways. One the
most common one that we're talking about often in the
media is silicosis. Silicosis is really what we call an
interstitial lung disease. What that means is it causes scarring
in the lungs, and scarring in the lungs can be
caused by multiple different things, one of which is silica

(01:28:12):
dust and with enginet stone, because of the really high
concentration of silica, you get a much shorter exposure period.
So what I mean by that is the first time
you get exposed to it, you can have one or
two years of workplace exposure and develop this significant scarring
in the lungs, Versus if you were in mining, it

(01:28:34):
might take ten years of exposure with poor controls, so
there's a much higher risk. So that's the scarring and
the lungs. It can also lead to cancers in the
lungs and elsewhere it can cause autoimmune problems and impact
on the heart and other systems like the kidneys.

Speaker 2 (01:28:53):
And what percentage of workers are we talking Is this widespread?
Are we talking like one percent of the work force?

Speaker 31 (01:29:01):
If we look at the Australian data they have done
in some of their states, they have done very extensive
assessments of all of the workers and they have up
to twenty five percent of workers with very serious disease. Sure, yeah,
it's really high.

Speaker 2 (01:29:19):
And that's with them using the safety precautions as well,
or a bit of both, a bit of both.

Speaker 1 (01:29:29):
We know that.

Speaker 31 (01:29:31):
The people who yeah, it's a good question, Ryne, We
know that people who get educated should be able to
use better safety precautions. But we know from the evidence
that those things aren't usually followed very well.

Speaker 2 (01:29:42):
I mean, I understand that we all get a bit lazier.
I mean we get lazy with driving a car. I mean,
I can imagine you know what I mean. You get
lazy with things that work and health and safety, don't you.
So what happens what happened in Australia when they got
rid of the industry, basically when they banned this product.

Speaker 31 (01:30:00):
So I understand, you know there are commercial sensitivities and
I do feel really feel for people who have had
their business in this area. But I've met some of
those people who have developed significant disease personally or in
their loved ones. And I know of at least one
New Zealander who has passed away from silica related lung disease,

(01:30:22):
and that was a family owned business. So you know,
while in Australia, I know there are people who have
lost some of their livelihood and they've had to go
back to using products such as marble. What's happened is
there's been less introduction of this engineered stone products into

(01:30:46):
Australia and so the demand has obviously gone because it's
illegal now to use.

Speaker 2 (01:30:51):
It, right, Interesting, all right, Well, obviously our government's open
for consultation, so we'll wait and see what comes of that.
Thank you very much for your time. Great to have
you on the program, Doctor Alexandra Mouth through the Royal
Australasian College of Physicians spokesperson. The time is seventeen minutes
away from seven. You're on NEWSTALKSBB Lots more to come,
including our international correspondent and an update on what they're

(01:31:14):
doing in the Australian state of Victoria with protesters. That's
proving controversial.

Speaker 1 (01:31:19):
If it's to do with money, it matters to you.
The Business Hour with Ryan Bridge and my HR the
HR Solution for busy SMS on News TALKSBB.

Speaker 2 (01:31:31):
Fourteen Away from seven on News TALKSZBB. Gavin Gray is
our UK correspondent. We're going to get to him in
just a second, but I just wanted to run this by.
This is in Victoria in Australia. This is a legislation
that's being introduced, so it's just at the state level,
but the Premiere they're just into alan. Obviously they've been
dealing with some pretty horrible arson attacks on a synagogue

(01:31:51):
in particular in Melbourne, right and they're wanting to do
something to try and stop these attacks from happening in
the future. So the Victorian pre has come up with
an idea protesting would be banned outside any place of worship.
What's more, if you protest with a face mask or
certain flags, then they would be prohibited. You could be

(01:32:15):
arrested for doing that. Now it's a tough one, isn't it,
Because obviously you don't want anyone to be going out
and inciting violence or harassing people outside a place of worship,
you know, like a synagogue, and no one wants to
see that. But also, at what point do you start
to encroach on people's civil liberties when you say you

(01:32:38):
can't wear a mask outside, you can't protest outside this
building and outside that building. And I know they do
that with abortion clinics in New Zealand. I don't know.
I guess where do you draw the line? Nine two
nine two. It's just gone thirteen away from seven Bridge.
Kevin Gray are UK correspondent with US. A plot to
assassinate Pope Francis during a trip to Iraq has been

(01:32:59):
stopped following a tip off from British intelligence. Kevin, what
can you tell us about that?

Speaker 24 (01:33:04):
Yeah?

Speaker 3 (01:33:04):
Ran.

Speaker 32 (01:33:04):
This all comes from the autobiography, which is being published
over the coming weeks now, and the Pope writes that
after landing in Baghdad back in March of twenty twenty one,
he was told that an event at which he was
set to appear was going to be targeted by two
suicide bombers. His visit to the country, which took place

(01:33:25):
over three days during the pandemic, was the first ever
to rite by a pope, and it did see a
massive and intense security operation. The year before there'd been
lots of infighting between Shea and Sunny Muslims, as well
as the persecution of religious minorities, so as you can imagine,
when he got there, the security operation was pretty huge. Now,

(01:33:47):
according to British intelligence, a plot was discovered in which
basically a woman was going to become a suicide bomber
and head towards Mosul to blow herself up d in
the papal visit, a van had also set off at
high speed with the same intention. It's being reported, so

(01:34:07):
this is the allegation. The British officials then told the
Iraqi police and then those two were intercepted and killed.
This according two excerpts from the autobiography coming up. Apparently,
the Pope asked the security official what had happened to
the would be attackers, and the official replied they are
no more. The Iraqi police intercepted them and blew them up.

(01:34:29):
The book is entitled Hope. It's published in mid January.

Speaker 2 (01:34:34):
Well, I think we'll all be getting copies of that.
Sounds fascinating. What about the former Archbishop of Canterbury George
Kerry who's resigned as a priest after allegations of sexual abuse.

Speaker 32 (01:34:45):
Yeah, this is quite extraordinary. The Church of England here
is in disarray, would appear. So let me just go
back a bit so you'll know that the Archbishop of
Canterbury has resigned. He's stepping down on the sixth of January.
That was over the way in which he handled or
didn't handle allegations against a serial abuser, John Smythe He

(01:35:09):
had said that somebody's head must roll and it should
be his. But the report into the serial abuser John
Smith showed that he was the most prolific serial abuser
associated with the church and he could have been brought
to justice earlier if the Archbishop Justin Welby had reported
him to the police in twenty thirteen. So wellbeat resigns.

(01:35:30):
His temporary stand in is the Archbishop of York, Stephen Cottrel.
He is now being accused of not doing an off
over a sex abuse case as well. He allowed a
priest called David Tudor to stay in post despite knowing
that he had been banned by the church from being
alone with children and had already paid compensation to a

(01:35:52):
sexual abuse victim. So there's that going on. And now
we learn that the former Archbishop of Canterbury, George Carey,
has actually resigned as a priest. He said it had
been an honor to serve, having been practicing since nineteen
sixty two. He is eighty nine years old and was
named this month. And an investigation into a disgraced priest

(01:36:14):
who was found to have been barred by the church
from being alone with children and paid compensation to a
sexual victive sexual abuse victim. So I'm afraid the three
very high or two very high members of the current
Church of England and a former archbishop, all very very
quickly now having their reputations looked at, that this resignation

(01:36:35):
actually from becoming from being a priest is quite extraordinary.

Speaker 2 (01:36:40):
Certainly is in kiss Starmer the British Prime Minister. He's
in a spot of bother for looking about stingy again.

Speaker 32 (01:36:48):
Yes, he's becoming known as the flip flop Prime Minister.
Saying one thing in opposition and another thing in government
sounds familiar, doesn't it. I think a lot of politicians
do that. But in this that's because women were hit
by changes to the state pension age. But not properly
informed about it, So three point six million women born

(01:37:09):
in the nineteen fifties were not properly informed of the
rise in state pension age to bring them into line
with men. So ages ago, back in the dawn of time,
women were receiving a state pension age at sixty and
men had to wait until they were sixty five. The
government decided to level this up. However they didn't fully

(01:37:33):
inform the women who were being leveled up, who were
suddenly being told, oh, no, you're not going to get
your pension immediately, you're going to get it in a
few years time, that they didn't inform them of what
would happen. So apparently some women decided to retire only
then to realize they weren't going to get a pension
payment for several more years than they had expected. And

(01:37:55):
at the time, in opposition the Labor Party, in Secure
Starmer said this is clearly an injustice and the recommendations
from the Ombusman was that each woman should receive roughly
four thousand New Zealand dollars in compensation. Now our Prime
Minister Kistarma is saying, yeah, it's not good, but actually,
do you know what we can't dish out money to everyone.

(01:38:17):
So he's being accused of hypocrisy and flip flocking there.

Speaker 2 (01:38:21):
Right, It's always about how when you're in pairing and
that you've got no money, isn't it? Yeah, thank you
very much for that. Gavin Gray, a UK correspondent out
of London, seven minutes away from seven. Just for those
who are interested in the memoir by the Pope, it
would be the first memoir written by a sitting pontiff.
It'll be published by a random house, I think it is.
And it looks at his roots back in Italian roots,

(01:38:45):
his ancestry, his immigration to Latin America, his childhood has
adaly since the whole gambit by the sounds of it.
So there you go. I would have thought you'd be
wanting people to read the Bible, but there you go.
Read my memoir.

Speaker 1 (01:38:59):
Getting ready for it. You administration in the US, what
will be the impact? It's the Business Hour with hither
Duplicyllen and my HR the HR solution for busy SMEs
News talksb.

Speaker 2 (01:39:11):
Just gone four minutes away from seven. On news talks,
heb Auckland Council is fixing the bridge. This is the
one that takes you from Silo Park across to wind
you'd quarter the big thing that moves. It's like one
of those robots, one of those transformers. That's what I'm
trying to say. It's like a transformer. Anyway. They spent

(01:39:32):
ten million dollars fixing this bridge because it was broken.
It lets boats through, it goes up and down and
up and down, and then last Friday they finally opened.
It's been closed for most of the year and then
since then it's had to close twice to be fixed. Now,
instead of saying we're fixing new problems with the bridge,
they have used this phrase, which just bugs me, rectifying

(01:39:55):
minor teething issues. We're not fixing the bridge, We're rectifying
minor teething issues. So there you go with the bridges closed.
You know why. And also it's only opening at the
moment between seven thirty am and eleven thirty pm because
if something were to happen, they need someone obviously on
call to fix it. So that you go. Andy is
on with us today, Andy, what are we going out to?

(01:40:15):
We're going out with the Jonas brothers who have joined
the lineup for Dick Clark's New Year's Rock and Eve
with Ryan Secrets twenty twenty five.

Speaker 14 (01:40:23):
Very American, but I always hear about it every year,
but ever watch it, But anyway, they're goodlining it with.

Speaker 2 (01:40:29):
Rita Aura very good. Thanks Andy, Thanks everyone for listening to.

Speaker 9 (01:40:36):
The legacy Gouty led Joy One.

Speaker 3 (01:40:41):
Angie j.

Speaker 21 (01:40:44):
J Jis you Joe you?

Speaker 1 (01:40:51):
For more from Heather Duplessy Allen Drive, listen live to
news Talks it'd be from four pm weekdays, or follow
the podcast on iHeartRadio

All Episodes

Episode Transcript

Popular Podcasts

Dateline NBC

Amy Robach & T.J. Holmes present: Aubrey O’Day, Covering the Diddy Trial

Stuff You Should Know

.css-15opob5{left:0;position:absolute;top:0.8rem;} All Episodes

.css-14f5ked{margin:0;word-break:break-word;display:-webkit-box;-webkit-box-orient:vertical;box-orient:vertical;-webkit-line-clamp:2;overflow:hidden;}Full Show Podcast: 18 December 2024

Episode Transcript

Popular Podcasts

.css-r6mb8g{margin:0;word-break:break-word;display:-webkit-box;-webkit-box-orient:vertical;box-orient:vertical;-webkit-line-clamp:1;overflow:hidden;}Dateline NBC

Amy Robach & T.J. Holmes present: Aubrey O’Day, Covering the Diddy Trial

Stuff You Should Know

All Episodes

Full Show Podcast: 18 December 2024

Dateline NBC