Episode Transcript
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Speaker 1 (00:00):
Pressing the newsmakers to get the real story. It's Andrew
Dickens on Hither Duplessy Allen Drive but with One New
Zealand and the power of satellite mobile news talk said,
be well.
Speaker 2 (00:13):
The moon and welcome to the program, and thank you
so much for joining us and coming up over the
next three hours. Inflations up to four point one percent?
Will this force an interest rate rise? We're going to
talk to former Reserve Bank senior economist Michael Riddell. The
tariff war is back on, with the United States slaving
a fifty percent levy on Canada. What could that mean
for us? We've got a guy who's actually warning that
(00:34):
we could be facing the same thing in the future.
And should you be able to rock up to an
election booth on election day and enroll? Labour says yes,
National says no. We'll talk to Commitlla Ballots from Labor
and Paul Godsmith from National. On the huddle, Sarah Trupman
and Mark Sainsbury. We've got Sport, We've got Murray Olds
from Australia, and you can have your say by sending
us a text. Ninety two ninety two Small Town Supplies.
(00:56):
It's eight after four Andrew dickens. So this cost of
living crisis is not going away anytime soon, despite what
any number of New Zealand political parties promise they can
do about it. The inflation figures are out. It's gone
up by one percent. There's now a four in a
large part of that cost is petrol, which we can
(01:16):
do nothing about. Diesel diesels up seventy one percent, but
excluding the tradable inflation that we can't influence non tradable
information is still above the Reserve Bank's arbitrary target band.
It came in at two point nine percent. That's up
three point four percent in a year two point nine.
There's stuff in there which really gets our goat, like
(01:38):
the twelve percent rise in electricity prices. Rates are up
eight point eight percent. That's the that's the non tradable stuff.
We can influence that, but we're not. It's all going up.
But all are saying that this increases the pressure on
the Reserve Bank to increase interest rates to squash these
price rises. Now, the problem I have with that is
the nascent recovery that we're starting to see gets squashed
(01:59):
as well as the prices forcing us into a longer
period of dime turn and stagnation. And that's because this
simplistic inflation target does not take into account all the
complex wheels that's been in an economy. It's this brutal,
simplistic measure that in fact served us so well when
it was first introduced thirty years ago, which is now
(02:20):
seeing us boom and bust and rock up and down
on a roller coaster, which you have to say is
no good for long term economic planning. There is a
strong argument for a new way of calculating our position
rather than an inflation percentage figure, but it's going to
take a very smart person to figure all that out.
So until then, the fairy ground ride that is our
(02:42):
macroeconomic setting will continue. So as I say Michael Riddell
on the inflation figures out to five, the US tariffs
on Canada, a Canadian economists after six warning the same
could happen to us one day and we should get prepared. Meanwhile,
Labor says the Electoral Commission's not doing enough to enroll
(03:04):
voters ahead of this year's election. Its concerns follow changes
to the laws made by the National leg Coalition, which
means that voters cannot enroll or update their enrollment on
election day or even during the advanced voting period. So
to talk about this, I'm joined by Labour's Justice spokesperson
Camella Bellach.
Speaker 3 (03:22):
Good afternoon, Camilla, Good afternoon to you too, Thanks for
having me.
Speaker 2 (03:26):
So what do you reckon the problem with this is?
Speaker 3 (03:29):
Well, we're really worried that people who just want to
go along on election day and cast their vote will
be prevented from doing that, and that the government will say, well,
maybe they should have done it in advance. But we
know that a lot of people don't think about voting
until around the election period anyway, and we're worried that
the school limits are their ability to participate in our democracy,
(03:50):
thus ironically affecting the government's mandates to govern. So we
think that politicians should be making it easier for people
to vote, not harder and unfortunate leave the government is
doing the opposite.
Speaker 2 (04:01):
But if you haven't got the wits and the wisdon
to enroll by enrolling date, why should you be allowed
to vote? Surely the people who suddenly remember to vote
on voting day have not actually engaged in the democratic process.
Speaker 3 (04:14):
Well, there might be some people who have just turned eighteen,
for example. There might be some people who have moved
house recently. And if you've just moved, I mean this
happens to people a lot. They move house, they forget
to update their details and maybe they contact the Electoral Commission,
they don't quite lodge the information, or they could even
be a mistake at the Electoral Commission's end, whatever the reason,
(04:35):
if they don't have their correct address associated with their
details on the electoral role, there's a chance they vote
won't be counted. And people will struggle to know this too.
So I'll turn up at the electoral booth and they
will feel good about participating in the democratic process, but
it'll only be after the election that their vote will
actually be will actually not be counted. And that's a
(04:56):
real shame because people won't have the opportunity to say, well,
maybe I did send that information and then provide that
to the Electoral Commission, because the vote will be over
and the election will be decided and the government will
be in place, and we just think this is really counterintuitive,
and the evidence shows it won't make it faster either.
Speaker 2 (05:12):
The Electoral Commission reckons that the about fifty five thousand
votes could be disallowed. Do you agree with that, Well.
Speaker 3 (05:19):
They're the experts. I mean, it could be even more
than that, But that's certainly an alarming number, and I
think really should give the government pause for thought as
to whether this is really the right type of change
to be making to our electoral system.
Speaker 2 (05:33):
But the government also argues that this slows the countdown.
Speaker 3 (05:37):
Well, they did say that at the beginning. They said
that that was the reason that they needed to make
this change. But subsequently the Electoral Commission was asked whether
these changes would actually speed up the count and they
said no, it wouldn't.
Speaker 4 (05:49):
So the whole basis for this change.
Speaker 3 (05:52):
The Electoral commissions themselves, the ones who will actually be
implementing the change, have said that it won't speed up
the count. So I really think that the government should
reach seat of those So it's really alarming to think
of a number of people whose will be disenfranchised as
a result of this change.
Speaker 2 (06:06):
All right, thank you so much for your time to
take out of Belicher's the Labor's justice suppokeswoman. You know what,
I remember when this all came in. You can enroll
on election day, and somehow I felt a little bit swizz,
because of course I'd grown up my whole life. So
you had to get everything in, you had to register,
you had to do all the paperwork. Then you got
your little letter from the orange guy, and then you're
rocked up to the booth. I like rocking up to
(06:26):
the booth. And then they changed it all that you
could rock up that day and you could just vote,
and you can you can vote scenes like months beforehand,
and the whole sanctity of the election day was gone,
and the whole getting involved in the process of democracy
was gone. So when we're talking about this in the
newsroom beforehand, and the younger guy said, well, you know,
you've got to have a vote, and some of you
told you can't have a vote just because you didn't
(06:48):
know a little bit of administrative thing mare, I go, well, yeah, well, yeah,
I guess. But then they told me a story about
a young fella who went, oh, it's voting day, went
and enrolled to vote. And when I asked, what do
you vote for, he said, the guy who keep the
guys who keep my benefit going. And who's that mate?
National Oh my god, that person had a vote. What
(07:09):
do you think about all of this? Should you be
able to enroll on election Day ninety two ninety two
is the text Darcy's on the way.
Speaker 1 (07:17):
It's the Heather Topsy Alan Drive Full Show podcast on
iHeartRadio powered by News Talk zeb Yes.
Speaker 2 (07:24):
And everyone's pointing out the problem that Kemmla Bellett had
with her interview there, because a lot of it was wrong.
If a person hasn't changed their address, they have to
be found on an electoral roll to get a voting paper,
so then they would have to do a special vote.
So there's a difference to that, which she did not
really mention. Somebody mentioned the same day. Enrollment also prevents
a scrutiny of electoral roles by the parties to target fraud,
(07:45):
which is of course of the great Trump complaints about
all this sort of things. So, yeah, there's pros and cons.
Where do you stand on it? It is seventeen after.
Speaker 1 (07:52):
Four sport with generate for award winning performances, generate kiwisavor
dot co, dot insad.
Speaker 5 (08:00):
Mood or Trump and great in the same sentence. You
wouldn't have read about that.
Speaker 2 (08:03):
Now, Yeah, okay, you are in a good mood. Darcy
came in here and had a big old complained about
his folk.
Speaker 5 (08:10):
Don't worry about it. Just move on. No one needs
to know about that. Andrew, I thought you were a professional.
We leave it away from the microphone.
Speaker 2 (08:16):
All right, Well, it was very funny. I thought it
was very funny. Old people complaining about phones is the
wonderful thing. Hey, so the Warrior's team is.
Speaker 5 (08:23):
Named I'm not that old, and I don't think there
be any changes him comes out at six o'clock and
even though they nearly got rolled by the worst team
of the competition, they've got the Bulldogs coming up on
Saturday night. It's away from home. It was a shock.
It was a slap in the face. But as I believe,
like Wade Egan was off, but he's back on again.
I don't think there's anyone with injury, and I really
(08:44):
don't think that Andrew Webster will.
Speaker 2 (08:47):
Punish anybody of anything.
Speaker 5 (08:49):
Those games they used to lose, and this time they
have it and this year they haven't been so I
think that they'll probably run with the same group and
go right lessons.
Speaker 2 (08:58):
Yeah, yeah, And look, I feel they're in a getting
through period of time because of all the injuries and
because of all that sort of thing.
Speaker 5 (09:04):
All the byes they've had by they've a break by break,
but it just gone on and on, and now they're
finally settling back in a rhythm again, so I think
there won't be too many changes.
Speaker 2 (09:14):
So if you get through that period with no losses
or very few losses or whatever, that's actually a bonus. Yeah,
it's better than.
Speaker 5 (09:20):
It was last year, and we're getting players back again
and it's looking stronger. So let's just forget about last week.
Speaker 6 (09:26):
Right.
Speaker 2 (09:26):
So I woke up this morning, I'm listening to Mike
and somedding in the news. Louis Vastrata leaves ORKINDFC, and
I go hold on. Louis leaves, Jesse Randall leaves, Steve
Corricer leaves. Seven players have lived? Is there anybody left?
Speaker 5 (09:39):
And you don't want to play for AKFC against Tottenham,
don't you?
Speaker 2 (09:43):
Well, here's the thing. They're playing Tottenham Hotspur this weekend
and I don't even know who've got a coach.
Speaker 5 (09:49):
I know they'll leave someone in there who's having a
bit of a crack. And so because they've lost, they
nonely lost the coach, what else have they lost? Someone
else in the back room still too? And seven players.
I think it is now with.
Speaker 2 (10:00):
All the feed, all the fief a thing, you know,
with everybody actually into football with Spurs here in the weekend.
Who knows who's going to turn up for Spurs. But whatever,
this is the chance, you know for us to bloody
their nose the same way that the Phoenix did against
aston Villa and west Ham, you know. So it's going
to be really.
Speaker 5 (10:18):
Hard to bloody their noses with little small fists if
they haven't got a first team like that. I don't know,
but I don't think it'll take away from the celebration
of the fact stenham answere I always come over and
celebrate that, but it might be a little on the
embarrassing side.
Speaker 2 (10:33):
And there's also a season coming up and we've got
so used to walk and the FC being top level
at the top of the game, and now it's a
big change.
Speaker 5 (10:40):
How about this, some new young players come through and
make a huge statement. You go, you know, you're worried
about what's happening in the future, hold my beer and
they go in there and they wallop Tottenham and walk
around cock of the hoop about that.
Speaker 2 (10:54):
So Ryan has to win the Halberg. In my opinion,
you're going to talk about news and golf on the
show to not.
Speaker 5 (11:01):
Yeah, we're going to talk with Greg with three Greek gs.
I might add Thope his high Performance Development management is
also acting CEO while the current CEO, Jeff latches over
in Britain and just talking about where to now. Because
I think we've wrung the neck out of the Fox situation.
So I'm gonna squeeze with bit on juice out of
it because I'm interested to know how they capitalize on this.
Speaker 2 (11:23):
Now, what do they do?
Speaker 5 (11:24):
Golf's been on the up and up now since COVID
pretty much what happens next? You've got this ridiculous opportunity
to build the game further, and you've got a guy
that I'm sure won't mind being dragged into help, will we,
because he's that kind of character.
Speaker 2 (11:38):
Well, when you think about Chasing the Fox and what
he's done there and how he's popularized and democratize golf,
you know he's going to be the best ambassador that
we can have for that game.
Speaker 5 (11:49):
We love him because he's us, He's absolutely us. What
did that the American guy say? It's like some of
father whos just walked out of Costco. But that is
so good, that's what, because that's what we're like.
Speaker 2 (12:02):
You know, I just decided to wack him right up.
The metal man scrows up. I'll live with it, and
I'll use this until I get taken off air.
Speaker 5 (12:10):
He didn't walk towards pressure. He ran at it and
punched it in the face.
Speaker 7 (12:14):
Yeah.
Speaker 2 (12:14):
Is that who you got? Pressure? That's good? Okay, Darcy,
after seven it is now for twenty two.
Speaker 1 (12:20):
Here what matters the facts over the noise. It's Andrew
dickens on Hither Duplessy Allen drive with one New Zealand
and the power of satellite mobile.
Speaker 2 (12:31):
Used talk z B. So David writes to me after Andrew,
I ask many what will actually signal the end of
the cost of living crisis. David suspects that no one
actually knows, and I don't either. I get the feeling
that inflation is baked to not just hear but globally
and worldwide. And the continuing tension with the geopolitical situation,
with all the big elephants dancing around the place, means
(12:51):
that we're going to have inflation on the table the
whole time, which means the cost of living is going
to go up and up and up and up and up,
despite despite the fact what Barbara Edmund said, this is
actually a global phenomenon and there are bits that we
can influence that we could do better. And I think
we should now on the enrolling on the election day
and all that whole carry on. We're going to talk
to Paul Goldsmith about this later. Someone says, if you
(13:14):
didn't know there was an election, then who would you
know who to vote for unless you get a food
voucher or something to reward you voting as a privilege.
Take it seriously. Dumbing it down helps no one except labor. Now,
that is something that many people have said that the
only reason that labor is so concerned about it is
(13:35):
that it will affect their voting base. Others point out
that Australia has a thirty day or is it three
weeks they have a cutoff point for enrollment compared to
New Zealand, which we don't. Someone says, definitely have a
cutoff date prior to the elections. Ever since they brought
it in, it's called caused big hold ups on the
day with people enrolling, because you do. Some of us
(13:58):
are crazy. Me I like to turn up to the
election booth on election day and do it. I like
to go out. I like to have a coffee in
a cafe. I like to do some of my Saturday
morning shopping, etc. I like to see everybody else I
hang out with in my suburb. And I like to
cast my vote. I will never post a vote in
my life. I liked it. It's a process for one day,
(14:19):
I'm actually involved in this whole thing. And then if
you turn up to an election booth and there's a
damn great queue for of all these people who never
had the wit and wisdom to actually enroll beforehand, and
you're waiting and you're thrumbing your fingers, and you're going,
oh my god, this person has a vote. Another text
says we should have a basic screening test as part
(14:40):
of pre rolling A government elected by people casting a
vote without knowing what they're voting for. Is not democracy.
It's idiocy. But I get that. Here's the other thing
that we've been talking about in the office. Democracy is
not just the right of the rational and the responsible
and the people who care and the people who think
democracy is a vote amongst everyone, even the loose gooses
(15:04):
who don't have a clue. But if you're a loose
goose who doesn't have a clue, for God's sake, shut
up for the next three years. You can't complain about
things because you didn't have a clue in the first place. Anyway,
Paul Goldsmith about this after five. Did you hear that
Barnaby Joyce, Great New Zealander now in Australian was being
interviewed on TV the other day and then he yelled
sit down, which scared the Jesus out of the interviewer
(15:27):
but also the viewing audience, who said, what happened there?
Turns out it was a dog and that's gone It
was his dog, which he shouted to off camera, So
it's gone viral. So Murray Olds is going to talk
about just how crazy that went and what they've been
talking about.
Speaker 8 (15:42):
The day's newsmakers.
Speaker 1 (15:43):
Talk to Andrew first, Andrew Dickens on here the duplessy
Ellen Drive with One New Zealand and the power of
satellite mobile news.
Speaker 8 (15:51):
Dogs'd be.
Speaker 2 (16:03):
All right, it's twenty five to five. So to the
question on everybody's lips wear's head that it's not well,
the lurgi struck it not surprising it has been striking
and everybody. It struck me in the weekend. It started
off with a bit of a sneeze attack, and then
I got the sniffles, and then of course it turns
into a post nators will drip and then before you
know it, you're having a cough, and then before you
know it, it's over and you're well again. And then
it comes back two or three days later. It's the Lurgi.
(16:25):
She's got the lurgie. You can't be here. But to
add to that, Marry Barry can't be here either, because
apparently he's emceeing some sort of security conference where people
are talking about keeping big famous dignitaries and foreign politicians safe,
and he's the MC because nobody knows how to keep
a big foreign dignitary safe like Bruis of Barry the
(16:46):
tough man of enforcement. So he's doing that. So Azaria
Howell will be joining us on politics in about fifteen
minutes time, and I'm doing the show for Heather, And
that's twenty four to five.
Speaker 8 (16:58):
It's the World Wires News Talks. It'd be drive.
Speaker 2 (17:03):
All right to the Middle East, and the Iranian president
says his country is now back in a full scale
war with the United States. The US has reportedly hit
the city of Tubbedes in northwestern Iran for the first
time since the fighting started up again. The U s
Secretary of State Marco Rubio says he's still open to
a diplomatic solution to this war.
Speaker 9 (17:24):
The United States always.
Speaker 10 (17:25):
Remains open to a diplomatic solution. We tried multiple times
with Iran and we'll continue to try. If that door opens,
we'll be happy to see it open. But their behavior
is what we're responding to, and their behavior as the
launching missiles and drones against ships, including tonight.
Speaker 2 (17:41):
Now to the UK, where the kick of the North,
Andy Burnham has been invited by the King Charles the
third to former government as Prime Minister of the United Kingdom,
and mister Burnham has given his first official speech outside
Number ten Downing Street.
Speaker 11 (17:57):
I am acutely conscious, but I am the sixth person
in the last ten years to walk up this street.
It requires my generation of politicians to raise our game.
Speaker 2 (18:13):
I saw an article actually from The Guardian, which was
talking about the cat at number ten Downing Street, who
was quoted as saying different human, same food. The cat's
name is Larry and finally I mentioned this just before
the news Barnaby Joyce doing a TV interview with the ABC.
He was on a video link and then he randomly
started yelling at a dog.
Speaker 4 (18:32):
Are you really comfortable with where she is taking you?
Speaker 12 (18:36):
I think, sorry, it's a dog.
Speaker 1 (18:43):
I have to apologize for this dog which has decided
to bail up.
Speaker 4 (18:47):
Don't worry about the dog, just answered the question, wouldn't
be rude?
Speaker 2 (18:51):
Oh hello, and there we go in the funny thing
about it is he was being asked about Pauline Henson's
comments on the White Australia policy and then shouted it's
twenty two.
Speaker 1 (19:01):
To five international correspondence with ends and eye insurance, peace
of mind for New Zealand business.
Speaker 2 (19:08):
Hey, Johnny, that's from Australia's Murray Old Hella Murray.
Speaker 6 (19:12):
Very good afternoon mate. Yeah, he's got history with dogs.
Speaker 9 (19:16):
He's got history with dogs.
Speaker 6 (19:17):
Remember back in twenty fifteen, Johnny Depp arrived in Australian
private jet with Pistol and Boo a couple of nights
little freeze on whatever the hell they called free and yeah,
thank you, and Joyce threat to have them put down.
Johnny Depp said, I was, I was accosted by a bloke.
He looks like he's been crossed at birth with a
(19:37):
tomato with his web face. In twenty seventeen he was
forced to resign as a senator. Remember this because his
dad was a keywig. And you can't be a senator
of the Australian Parliament. You can't be in the Lower
House either if one of your parents was a New Zealander.
And in twenty twenty four he was photographed, of course,
on the Candra footpath, lying on his back on the
(19:59):
phone with his feed up on a platter box, absolutely trolleyed.
He was talking on the phone, he said later he
was he'd mixed alcohol with prescription medication and it hadn't
done that, it hadn't gone that well. So anyway, as
you said, Pauline Hanson came to the defense of Barnaby Joyce.
He's her star recruit, right you talk about, you know,
(20:22):
the life and soul of the party. It's a party
of two, got these weirdows that sort of make up
the rest of it. Looks like the bar scene out
of Star Wars, you know. And look, Barnaby Joyce is
a country guy, has been he moved up to the
bush after school in Uni and he's been there for
the rest of his life. So he's got dogs, he
runs property and you have to yell at your.
Speaker 9 (20:44):
Dog from time to time.
Speaker 6 (20:45):
But it was honestly, I think anyone who was watching
last night started to laugh so hard you wet your pants.
Speaker 9 (20:51):
It was just funny, funny television.
Speaker 2 (20:55):
And and it went viral as well. And it's just
adds into the dogs that is Barnaby Joyce. But meanwhile,
the serious issue that they were talking about over that
whole thing is Pauline Hanson and One Nation and her
White Australia comments, Well.
Speaker 6 (21:11):
She's walked that back, and to be fair, I went
back and had to listen to what she told that
with Robinson and she was never saying she was I
love white Australia, I love the White Australia policy. He
asked her, how did you come to have so many
people who aren't white in Australia and she said, well,
it was GoF Whitland back in nineteen seventy three, that
then Labor Prime Minister who dropped the White Australia policy
(21:35):
and since then it's kind of been open the season
for mirgrants from all over the world. That's what makes
Australia such a wonderful country. And you know, to be fair,
I think she was a little bit misrepresented. She said,
forget it. I'm not advocating for a white Australia. That's
just silly. But what I am advocating for is for
people who come here to learn English and to I guess,
(21:56):
become as Australian as they can be. And she said,
I don't think it's too much to ask. And you know,
and make no mistake, Andrew, She's got a lot of
support and the latest Poli she's got the same level
of support as the as the Labor government thirty percent
primary vote and the poor Ole Opposition is nineteen that's
the two parties combined. And you know, Pauline Hansen that
(22:20):
they you know, I keep riding her off, as so
does everybody else.
Speaker 9 (22:23):
She keeps coming back.
Speaker 2 (22:24):
Absolutely. Now, the woman I feel the most for in
Australia right now is a poor woman who already I
think she had four kids and then something like that
she became pregnant naturally and that was all well and good,
and then she had quadruplets. Now she's got eight eight children.
Speaker 6 (22:38):
A monozygotic pregnancy, in other words, a quadruplets monozygotic where
a single fertilized egg splits into four embryos. So you know, yeah,
I'm pregnant again with my fifth child, six and seven?
What eight? So the father was interviewed last I'm telling
he said, you know what, we need a bigger vehicle.
Speaker 2 (22:59):
Don't kidd.
Speaker 6 (23:01):
Kidding you leave one of those giant buses. But I mean,
here's the thing. These bubbers were born by cesarian in
twenty eight weeks. They're not big by any means, and
there's a long there's a long road in front of them.
Speaker 9 (23:13):
They have to.
Speaker 6 (23:14):
They'll be at hospital for weeks. They're getting the very
best of care. But you know, there's a great deal
of optimism, the healthy, strong, little little bubbers, and she'll
get them home eventually. And she as you say, a
family of eight children, oh my god, school lunches.
Speaker 2 (23:31):
Yeah, exactly, And she'll get loads of support though because
these multiple buds, I mean, they seem to decrease lately.
But I remember when I was younger, we had and
you see them, the laws and quinns. I remember that,
you know, and they were five kids, and then they
got magazine covers and they got help, and they and
people raise funds for them. And you think, you know,
how are you going to deal with five babies, you know,
(23:51):
just just running back and forth feeding them. You know,
that's a whole day's work. But they got a lot
of help. Nobody says it's going to be easy. And
of course it's a lifestyle. But I pray for this
woman with eight children, four of which are sharing the
same birthday. Imagine the birthday party. Oh my lord, I
feel for her as well. Murray all the very best
and I thank you, thanks vite, all the best.
Speaker 13 (24:13):
Cheers.
Speaker 2 (24:14):
Still, hey, I mentioned earlier, of course, this debate about
being able to enroll on election day. We're going to
talk to Paul Goldsmith about this after five o'clock. They're
the guys who change the rules. Labor likes it, but
you have to say it is true that it gets
Labor a young voters, because it's the young voters who
tend not to be organized as such. I've had a
text from Anne Ann's worked for the Electoral Commission on
(24:35):
past elections. She says, I can tell you that allowing
people to enroll on the day adds tremendously to the workload,
especially when a bus load of people turn up, as
happened last time. All these people are rounded up, incentivized
and essentially told who they're going to be voting for.
Those are not the sort of informed voters the country needs.
(24:56):
Is that democracy and Ed writes that his friend walked
into voting booth with all the intention to vote National,
but a seven year old son. Her seven year old
son had a tantrum because he wanted her to vote
for just Zinder, because he thoughts he was pretty so unbelievably,
the mum voted Labor. I wonder if that's apocryphal. You
(25:19):
just have to trust the text sometimes as they say it.
But anyway, as Ed says, this is what we're fighting.
It's a quarter to five talking about politics. As Zaria
howl is.
Speaker 1 (25:28):
Next politics with centrics credit, check your customers and get
payments certainty.
Speaker 2 (25:33):
I'm Andrew Dickinson for Heather Head's a bit sick, and
Barry is off earning some coin being an MC and
so we're joined now by news Talks. He Be's senior
political reporters Arria hal Azaria.
Speaker 14 (25:43):
Hello, Hello, good to be with you.
Speaker 2 (25:45):
Okay, the inflation figures are out and Labour wants Nichola
Willis to take some blame.
Speaker 14 (25:51):
Yeah, the big news of today the inflation figure four
point one percent, a two year high. The CPI increased
by four point one percent in the year to June
twenty twenty six quarter, according to Stats and Z numbers
released today. Not good news because it's above the one
to three percent target band that the Reserve Bank and
the government's looking at. Important though, to note that one
(26:14):
of the reasons why we're seeing this increase is petrol
up twenty seven point five percent in price now. SATNZ
says if petrol and diesel prices had not changed, the
consumer Price Index or the inflation number would be two
point nine percent, so within target. The Finance Minister's argument
here really is that she's not the one responsible for
(26:36):
higher fuel prices. Well, it's someone.
Speaker 3 (26:38):
Else, Donald Trump, per centainly mad things had any economists
would fully acknowledge the cause of this high inflation is
the international oil shock.
Speaker 14 (26:46):
Well, Labour's finance spokesperson, Barbara Edmonds wants Willis to take
some of the credits, specifically pointing to the fact that
GP fees seem to be on the rise. She's also
saying that she's holding Nikola Willis to the same standard
that they held Grant Robertson to Will. Labor leader Chris
Hipkins then attempted to hold the PM's feet to the
fire on food prices at question time today. But Chris
(27:09):
Luxen quick to defend what we've been seeing on inflation.
Speaker 15 (27:12):
Food inflation under this government is running at two and
a half percent versus telve and a half percent under
his government. But I also am curious because the member
keeps raising this in questions and it just speaks to
the economic illiteracy from the other side, because he's arguing
for something called deflation and I haven't heard a single
economists actually recommend that as a course of economic activity,
because falling prices leads to less spending, that leads to
(27:35):
businesses not investing, and as a result, the economy shrinks.
Speaker 14 (27:38):
So interestingly as well, just on the broader economic picture,
Labors also promised it would be coming out with a
fiscal strategy soon and when question will how soon? Is soon?
They said, in due course, So potentially some more economic
policy and plans to come from Labor soon as well.
Speaker 2 (27:56):
Yeah, good stuff. By the way, electricity out twelve percent
and rate eight point eight percent to Nicolaillis hasn't got
anything to do with that either, So I mean it's
just all over the show now Shane Jones. Shane Jones
and his kneepag comment continues to be a thing in Parliament.
Speaker 14 (28:12):
Yeah, the fallout continues after those comments from Shane Jones.
National MPs as well as the Labor leader and the
Greens co leaders criticizing Shane Jones for comments he made
about the Indian Prime Minister Narendra Modi's visit to New Zealand.
Now over the weekend, Shane Jones, the Deputy of nzid
first said political leaders needed to take off their knee
(28:34):
pads when foreign leaders visit. Now, this came after a
successful visit from India's prime minister that's been facing scrutiny
from enzied First. The prime ministers come out and called
the remarks crass. Meanwhile, Trade Minister Todd McClay says Jones
needs to get over it and also says history will
judge him over those comments. Labor Leader Chris Hopkins says
(28:54):
if Shane Jones was one of his MP's he would
have sacked him for making those comments. The Greens leader
Madame Davidson has also today given her take on those
remarks as well.
Speaker 16 (29:04):
Absolute intentional distraction and a division that is targeting specific
people Brown people actually in our communities. It's unacceptable, what
it's to be expected. This is typical bottom of the
barrel politics from them.
Speaker 14 (29:20):
Well, Jones has also today had his chance to respond
to all of the criticism and he did. He's partially
blaming the media for the negative reactions he's been having
on this.
Speaker 17 (29:30):
I think that's a comment on the wocism that riddles
the modern media that a harmless and innoxious expression there
could have been to do with gardening volleyball has been
turned into some risque trope.
Speaker 14 (29:44):
Well, what about the fact that Chris Luxon himself called
a crass.
Speaker 17 (29:48):
Prime Minister is responding to media questions and those questions
are being driven by this ongoing virus of wocism that
the Mutwa doesn't like.
Speaker 14 (29:57):
Well, Shane Jones, they're defending those comments, also unsurprisingly calling
himself the Muttawa saying this was a colorful expression that
means when you go to an event for a foreign leader,
don't bow down. You have to represent New Zealand. He
is backing the comments that he made despite criticism from
a lot of different political parties.
Speaker 2 (30:16):
Oh fine, good on you. Well, look it is Chris
Matt Tua. You could always say uncle to and I
thank you so much as Zariah Hall's coming up now
eight minutes to five.
Speaker 1 (30:27):
It's the Hither Duper c Allen Drive Full Show podcast
on iHeartRadio powered by News Talk zibbi, The Feelers, Focused Informed.
Speaker 8 (30:39):
It's the Mic Hosking.
Speaker 2 (30:40):
Breakfast, Aden Boltoner's UK political commentator.
Speaker 8 (30:43):
Has the Revolution arrived?
Speaker 2 (30:45):
Is Labor a different party? Is Britain a different country?
Or is there just a new blank at number ten?
Speaker 18 (30:49):
You know, it's a real purge. We've had a dozen
people who were seen as being close to secure Starma
kicked out.
Speaker 8 (30:55):
Of the government. So it will be a.
Speaker 18 (30:57):
Very different face to Theish government, not least because Andy
Burnham is a confident and good communicator presenter of argument
in comparison to Gear Starmer, who often appears rather robotic,
even constipated.
Speaker 19 (31:13):
Back tomorrow at six am the Mic Hosking Breakfast with
Defender Trophy News Talk z'b absolute to you.
Speaker 2 (31:20):
I'm Andrew Dickinson for Heather duper c Ellen. Have you
heard Wayne Brown and the pontsv News are at war
about freedom of speech and all sorts of things. I
know this isn't exactly Donald Trump versus the Washington Post
or whatever, Wayne Brown versus PS and B News that
Madam Leech, the editor of the ponts By News, will
be joining us soon and Wayne Brown's has sent me
(31:41):
out of statement. It's fascinating reading some thinking needed for
one of their stories at five to ten with Paul Goldsmith.
And this is about changes to the Ruma. And yesterday
it was announced that all Manafa a Rocki agreements between
Council and EWE will be made mal and void. Now
they've been a part of treaty settlements and they provided
formal processes for Mali and EWE to actually contribute towards
(32:04):
Council's decisions. And councils over the last year in particular,
have decided, even though this has been around for ten years,
they've decided, you know what, we're going to make more
of these Manifuka Hona of Arahi agreements. But the government
came out after earlier saying they wouldn't scrap them and
said well, actually no, they are going to be scrapped.
(32:25):
And that's led a whole lot of people to say, well,
what's going to happen to the treaty settlements that had
all this written into it. Isn't there some legal stuff
that we have to honor. So to find out whether
we will still be honoring the treaty settlements and what
this means like a Todjya needs a bit of thinking.
We're going to talk to Paul Goldsmith and we're going
(32:46):
to talk about the inflation figures of Michael Riddell and
the Reserve Bank. All still to come on Drive with
Andrew Dickens on News Talks. Heb like.
Speaker 8 (32:55):
Go output.
Speaker 6 (33:00):
Deal, this Croson, every barrel's drive all was that came
here Academy tonight. There's a class always living life like
we ain't born up by a deal.
Speaker 20 (33:17):
Every bel always come here.
Speaker 12 (33:21):
Academy to night.
Speaker 20 (33:23):
It's a class always living life like we are.
Speaker 12 (33:26):
Organ like we ain't barged.
Speaker 1 (33:44):
The only Drive show you can trust to ask the questions,
get the answers, find the facts and give the analysis.
Andrew Dickens on Hither Duplicy Ellen Drive with One New
Zealand and the power of satellite mobile New Stork Hippy.
Speaker 2 (34:00):
Welcome to the program. So finally we can see the
effect of the Middle East war. Inflation has hit a
two year high of four point one percent. That CPI
rise was mostly driven by increases in the price of fuel.
That's war diesel up seventy one percent. But power and housing,
which is internal inflation or what they like to call
(34:22):
tradable inflation. Always get that a little bit confused, have
gone up as well. Anyway, you're probably experiencing all this yourself,
and people are talking about the cost of living crisis.
So Michael Riddell is a former Reserve Bank senior economist,
and he joins me right now afternoon to here, Michael,
that's known. So is this what you expected or was
it worse or better than you might have thought?
Speaker 13 (34:43):
I think iturse pretty much on consensus. The range of
economists and forecasters were all in that sort of three
point nine to four point one sort of range.
Speaker 2 (34:51):
The politicians have now got into the blame game, with
Nicola Withers saying well, it's all Donald Trump's fault, and
labor saying no, it's all Nichola Willis's. So what would
you say.
Speaker 13 (35:03):
I'd probably be closer than Nicola Willis on this occasion.
I mean, clearly, there's nothing that New Zealand politicians or
the Reserve Bank could do anything do about the diesel
prices or the petrol prices. The underlying issues there around
inflation are the responsibility of the Reserve Bank. Ultimately, they're
not politicians at all. And it is true that probably inflation,
(35:23):
even if you strip out the petrol prices, it's not
quite as low as we'd like it to be, and
that's part of the reason why the Reserve Bank made
their first acur increased last month.
Speaker 2 (35:33):
So what do you need to do now?
Speaker 13 (35:35):
In your opinion, I don't think there's any urgency at
all about raising rates from here. If you strip out
all sorts of things that central banks can't do much about,
food and energy and government charges, inflation is only just
over the midpoint of the target range. Now, that's not
what people are experiencing out there, but that's what the
(35:56):
Reserve Bank should be focusing on. They want to focus
on where that inflation it's going to be in twelve
or eighteen months time, because mantial policy moves today take
a while to have their impact, So I think they
probably will need to raise rates a little more at
some stage later in the year. I don't think there's
any urgency about that at all.
Speaker 2 (36:15):
Okay, here's the question. Do we actually have the right
system in place for handling the inflation in the metric
of just the inflation figure then affecting what we do
with our interest rates. It's a very simplistic thing, but
of course economies are very complex, and people have complained
that we keep on booming and busting on a roller
coaster of macroeconomic policy. Is there a better way of
actually calculating our real position.
Speaker 13 (36:39):
Probably not, although it's fair to say that central banks
don't pay a lot of attention to the headline inflation numbers,
so they am economists enormous a matter of effort and
trying to unpick the numbers and get what we call
core or trend inflation and to see how that's evolving
through time. But it's a bit like the famous line
about democracy. You know, it's not a perfect system. It's
(36:59):
just better than any the alternatives that have been tried,
and inflation targeting is a bit like that as well.
It's definitely not perfect. Economies. Do cycle up and down,
but there isn't really a better alternative on option on
our f at this stage.
Speaker 2 (37:13):
But if we suddenly crank up the interest rates, we'll
even crank them up slowly. This nascent economic recovery and
could get squashed as well, which is bad for the country.
Speaker 13 (37:23):
It could, but that's not likely. So if you look
at the Reserve banks forecasts, what they will say is
we'll raise interest rates a bit. That will slow the
recovery a little bit, but you know, maybe it'll slow
it from two and a half to two point two
per cent. But those are the sorts of orders of
magnitude that you're thinking about. What you really don't want
is the mess that we got into five years ago.
Right the Reserve Bank let inflation get away, and then
(37:46):
they had to ramp up interstrates by five hundred basis
points in really only about eighteen months. That did squash
the economy precisely because it had been grossly overheated. What
they should have been doing is moving you If they'd
moved earlier, they wouldn't have needed to have moved so much,
and we would have had a smoother run through the
last few years.
Speaker 2 (38:06):
It's a difficult business, and I thank you for your insight.
That's Michael Riddell, former Reserve Bank senior economists.
Speaker 8 (38:12):
Heathern Andrew Diggins.
Speaker 2 (38:15):
Heather as well, not well, okay Now. Labor Leader Chris
Hipkins says that some treaty settlements will need to be
renegotiated following the proposed changes to the RIMA that have
been released. Yesterday, it was announced that all Manafaca agreements
between the Council and EWE will be made null and void.
But of course in some treaty settlements, those certain agreements
(38:37):
are actually written in. So Paul Goldsmith is the Treaty
Negotiations Minister and joins me. Now, hello, Paul good Hey,
how are you very good? Is Chris Hipkins right?
Speaker 21 (38:47):
No, No, he's not right. So where there are specific
arrangements put in treaty settlements, they will continue, obviously to
be honored. What we're talking about different arrangements that were
sort of set up under the RMA, and we're changing
the whole RMA system and so that will carry on.
(39:08):
And no treaty settlement said that the government could never
change legislation in the future, and so we'll make those
arrangements is appropriate.
Speaker 2 (39:18):
So the matter of fact, hanehron Rohi agreements of course
came in ten years ago, nobody actually adopted them for
a while. There's been a real rush over the last year.
Speaker 21 (39:26):
Why yes, Well because just because they because it was
clear that the system was about to change, and so
a whole lot of those have been coming in and
so that's why. But you know, look, our basic principle
when it comes to local government is that when it
comes to making decisions and voting on your rates bill
(39:47):
and on things that really affect people's lives in terms
of the cost of regulation and what you can and
can't do on your property, then our basic premises that
people who make those decisions should be elected and should
be accountable to the electorate every three years. And so
what's happened is some councils and the organ Council, which
(40:09):
started off with a Maori representatives on committees that dealt
with just environmental matters, has expanded and expanded and expanded
into actually making decisions on your rate. This is and
if you can't sort of throw people out because you
don't like the decision, you've got a bit of a problem. Yeah,
(40:31):
and this is what I thought I was talking to
you about I thought I was talking to about the
general election and election day stuff.
Speaker 2 (40:36):
But this is a big thing. Can I ask you
question is matter of fac Roji agreement. The Taxpayers Union
says they were basically co governance by stealth.
Speaker 21 (40:46):
Yes, well, they provided opportunities for councils to make arrangements,
but they grew and very rapidly and were part of
and in some cases we're getting beyond those normal expectations
of people living in a modern democracy for everybody to
have an equal say on these things. So, yes, there
(41:08):
are areas where it makes sense to have arrangements with
local ee in terms of particularly sacred sites and wahi
tapu and things like that.
Speaker 12 (41:19):
That makes reference.
Speaker 21 (41:20):
But if you extend it much further up the chain
of democratic decision making, like I say, ultimately to fundamental
decisions around rate, then I think you know, in a
democracy we should have people who are elected and are
accountable to the electorate.
Speaker 2 (41:36):
Okay, So to these early voting changes where you won't
be able to rock up to the booth on enrollment
on voting day and enroll. Labour says, this is heading democracy.
All the youngsters around me say, isn't democracy not about
every single personal person being able to cast their vote?
And they ask the question, why make it more difficult?
Speaker 21 (41:57):
Yeah, and so I mean every country around the world,
there's different arrangements in place. In Australia you need to
be enrolled about thirty days before the election. In New
Zealand it always you needed to be enrolled the day
before the election and then labor at the last labor
j cinder our durn change that to enrolling on election
day itself. Now the problem is that if everybody, I
(42:19):
mean the whole point of the electoral commissioners to encourage
people to be enrolled well before the election, because it
takes much much longer to deal with a vote that
is what's called a special vote, which happens after writ day.
It's all quite a complicated system, but that's six weeks
before the election, and so it's about just trying to
have an efficient system, so we're not waiting for weeks
(42:41):
and weeks after the election to get the official result.
Always used to take two weeks to get an official result.
Then it's blown out to three weeks. And when I
came and they said, if we carry on as we are,
it'll be heading towards four weeks to get a final
result because we've got all these late enrollments leading to
a complicated arrangement, which is what the officials are warned
would happen when Labor made the change, and that's why
(43:03):
we're winding them back and making sure that people are
enrolled before voting starts for the election.
Speaker 2 (43:10):
Hey, Paul, I thank you for your time today. That
is Paul Goldsmith and this is news B and in
shocking news, Rhythm and Vines is no longer going to
be held in the Gisbon Vines. What's the story that's next.
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Speaker 1 (44:17):
Your smart speaker, on the iHeart app, and in your
car on your drive home it's Andrew Dickens on hither
Duper Clan Drive with one New Zealand and the power
of Satellite Mobile NEWSTALKSB.
Speaker 2 (44:29):
So, Okay, this new RMA build that will take away
MARI votes, Well, we'll take away the votes at the table,
but I don't believe it will take away their voice.
So there's concern that scrapping the manifaker rojie agreements have
been around what they've been around for a decade, but
getting rid of that will exclude them from planning decisions. No,
it will take away formal roles the new bill has
(44:50):
rules over forming EWE participation agreements, and they've done that
to ensure any treaty settiments can still be upheld and
that Mary can still have a voice. And as Chris
Bishop says, the new rules are there to stock scopereach,
in other words, making decisions on things that we can
all make a decision on that aren't necessarily totally maori.
In other words, to prevent EWE having essay in things
(45:11):
that are not part of their mandate. FAED Farmers has
welcomed the changes, saying there was absolutely a place for
relationship agreements between councils and EWI, but what they need
is safeguards And they say this is FAED Farmer's decision
making powers that affect communities should remain with democratically accountable
elected representatives. So the simple solution for MAORI still put
(45:32):
up candidates and get them democratically elected, and then you
get the mandate making sure we all have a voice
in shaping our future, rather than relying on legislation to
give them the whip hand.
Speaker 9 (45:43):
Right.
Speaker 2 (45:44):
In shocking news, Rhythm and Vines is no longer going
to be on the vines. This year will be the
last time. The long running New Year's Eve Music festival
is held at the estate in Grisbon. Kieren Spelane is
Rhythm and Vine CEO and joins now Kieren.
Speaker 9 (45:58):
Hello, Okay, Andrew, how good?
Speaker 2 (46:00):
So the so the festival keeps going because we've had
some bad news about festivals recently. The festival keeps going.
You're just moving.
Speaker 22 (46:07):
Yeah, that's that's that did a nutshell, really, I mean,
our our goal for vines is to be in be
in this game for for the long term, and it
means evolving. So after twenty five you know, amazing and
interesting years in in Gismon, it's it was time for
for a hard decision.
Speaker 2 (46:23):
Okay. Was the vineyards sick of the mess each year
and was it affecting their business?
Speaker 9 (46:29):
Oh no, not at all. I mean the vineyards are
they're not.
Speaker 22 (46:32):
Commercial vineyards, so yeah, no, that the land and it's
basically this decision. We we we review the festival each
year after after the festival, and we just check it's
it's relevant in the marketplace and it's relevance towards for
our customers and and and our festival fans. And you know,
over the last year or so, these reviews have certainly
been pointing us towards a location that will help us
(46:53):
grow and help us.
Speaker 2 (46:54):
You know, you're a victim of your own success. Will
will will they? Will the venue be in Gisbone?
Speaker 9 (47:03):
No, it won't.
Speaker 22 (47:04):
Well I'm not going to get drawn into into where
the venue will be.
Speaker 9 (47:08):
But this will be yet R and V.
Speaker 22 (47:09):
This year will be our last, our last rhythm of
bans after twenty four years.
Speaker 2 (47:13):
Well, the Gisbane may says, he's very said, and the
Gisbone businesses are very said. And what do you say
to them?
Speaker 22 (47:19):
I mean, listen, yet we we it's yeah, we know
how this affects people who have been part of R
and V for for for for many many years.
Speaker 9 (47:26):
And we don't we don't take that lightly. We have.
Speaker 22 (47:30):
Yeah, we're here to support a smooth transfer, you know, transition,
and to try and give these you know, these businesses
as much notice as we possibly can, which we think
we've gone in terms of this is obviously decision made
for December twenty twenty seven.
Speaker 2 (47:44):
I'm grown recently moved from Wellington to Hamilton. Are you
going to Hamilton?
Speaker 9 (47:48):
I said, I'm not going to get I'm not going
to get drawn.
Speaker 2 (47:50):
I know you said that that I know he's the idea.
Speaker 9 (47:53):
I'll say it, I'll say it again. Yeah, I don't know.
Speaker 22 (47:57):
With a lot of work to go, so we're not
going to get drawn. That will will Induke Horse will
make the announcement.
Speaker 2 (48:01):
Come on, give us, give us something. Who who? Who
is your headliner this year?
Speaker 9 (48:07):
I can't tell you that either, so I'm sorry.
Speaker 2 (48:10):
But are you promising a bigger and possibly even better
festival than ever before?
Speaker 22 (48:15):
Yeah, we're hoping this will be This will be the best,
biggest and the best R and B we've ever had.
We really want to go out, go out with a
bang and say a huge thank you so that the
wonder people have wonderful people of Gisman who have who
have helped them and support this festival over the years,
and we owe them a lot. And you know, Gismond
will be always be kind of part of the DNA
of Rhythm and Vines as we move forward. So yeah,
(48:37):
we're really excited about the lineup has been announced on
the twenty ninth of this month.
Speaker 9 (48:40):
We think we've got an amazing lineup. Yeah, we're really excited.
As I said, we're going to go out with a
with a big bang.
Speaker 2 (48:47):
Western Springs will be good, but you're not going to
answer that either. So I thank you so much for
your time and all the best and all the greatest
of success. There's a whole lot of kids on media
is eve depending on you. Kieran Spallane Rhythm and Vines
CEO News Talks here B five twenty five.
Speaker 1 (49:00):
It's the Heather Duplicy Allen Drive Full Show podcast on
my Heart Radio empowered by News Talks EBB. The name
you trust to get the answers you need, it's Andrew
Dickens on Heather Duplicy Ellen Drive with One New Zealand
and the power of Satellite Mobile US talksb.
Speaker 2 (49:18):
On the whole en roll. We got Election Day and
all that that we talked with Paul Goldsmith. Somebody says
you don't have to worry about how long it takes
to count the votes because we end up waiting for
a coalitioner anyway, and that can be a lot longer
than the three or four weeks that Paul Goldsmith said
was a problem. Electoral Commission has since come out and
said it doesn't it's not going to speed up the
count in any way, shape or form. So anyway, I
(49:41):
think there are real reasons behind Labor and National's position
on rolling on election day, and I think you're smart
enough to figure it out yourself. Meanwhile, I have had
an email from Pedro who says the sixty million dollar
ransom paid out to fletch your concrete is an unbelievable
con to the taxpayer. And I just wanted to point
out that that concrete place makes sixty percent of our
(50:02):
concrete and they make it using New Zealand stuff. The
other forty percent of concrete is often using clinker that's
been imported from overseas. We keep talking about wanting to
be resilient, we keep talking about being self sufficient. So
here is and you've got to say it. Concrete is
at the heart of all all of our construction. Here
we are being resilient and self sufficient. They need a
(50:24):
helping hand, they're keeping it going. I see no problem
with it. The same way I don't see any problem
with the government building big old silos up at Mars
and point to house some diesel, even though there's a
private company doing that as well. Yes, it's corporate welfare,
but at the end of the day, it makes New
Zealand think stronger. And sixty million dollars. I think it
was a good investment anyway, Wayne Brown versus the Ponsby News.
(50:47):
That story is after the news here on news talk.
Speaker 1 (50:49):
Zebi Accountability analysis answers here what matters. It's Andrew Dickens
on Hither Duplicy Ellen with One New Zealand and the
Power of Satellite Bobile used talk Zippy's.
Speaker 23 (51:06):
Your book stuff for against? Is your truck break? Did
your first through my diger? It's fun.
Speaker 2 (51:14):
Welcome to the program. If you're just joining us, head
is a bit ill today, I'm afraid so I'm Andrew Dickens.
Karen's actually just sent me an email about Rhythm and
Vines and I saw pass. Yeah, Western Springs might be
quite good, mate, because they're not telling us where the
new venue is going to be. Karen says, Andrew. Do
you know that Western Springs is about seven times smaller
than the current venue for Rhythm and Vines. No, I
(51:36):
don't know that because I've never been to Rhythm and
Vines because it's in Gisborne, which is quite a long
way away. On New Year's not to mention to the
fact I'd be one of the oldest guys there However,
if it was near to my house, I'm more than
happy to go wandering in to watch the new acts
the same way I go to Laneway. That's why I
said Western Springs. But yeah, they're going to need a
big venue if they're leaving the Rhythm and Vines venue,
(51:58):
and so Karen's speculation is they're going to have to
find somewhere near Topol or perhaps white cattle, which will
be easier to get to, particularly with our weather events.
And I guess they're not saying anything indifference to the
good people of Gisborne, who obviously will be heartbroken at
losing this money. I actually I know of a farm
just outside of Narawaia. You used to have a festival
(52:18):
called Sweetwaters that was quite big. Yeah, Kevin likes that idea.
Twenty two to six Andrew Dickens right oh to the
war between the pons We News and Mayor Wayne Brown
or can. Mayor Wayne Brown is in some hot water
after a very aggressive email sent to the local newspaper,
the poncev News Now that run an opinion piece by
Counselor Mike Lee which went after the mayor's weight rises
(52:43):
and that caused Wayne, who by the Way also has
a column with the Pontsab News. To send an email
to the editor saying, if you're going to publish Mike
Lee bagging me, then your paper will die. Martin Leach
is the editor of the pontsv News, joins me. Now, hello, Martin,
Oh hello, how are you?
Speaker 7 (53:03):
Andrew?
Speaker 2 (53:03):
Very well? Long time no, Chad, I hope you're will
now absolutely How do you react when you got that email?
Speaker 24 (53:10):
To be honest, I was quite shocked. You know, I've
been publishing an editing magazine since nineteen ninety and I've
never ever had an email like that. So I sort
of sat there for a moment quite stun thinking is
this meant for me?
Speaker 2 (53:28):
Did you see it as Did you see it as
a threat, because of course Wayne Brown has no power
to actually kill your paper.
Speaker 24 (53:35):
No, I didn't see it. I didn't see it as
like a he's going to get away with this. I
was just shocked at thinking he would use those words.
Speaker 2 (53:45):
Okay, have has he apologized to you? Does he need
to apologize to you? Or is this just the hurly
burlier being in the media. Look, I can't tell you
how many death threats I get of an average day.
Speaker 24 (53:57):
Well, this is the first one that I've ever had
in thirty six years. But look, I I like Wayne
Brown as an individual. I've always found him to be
quite funny, and you know, I've always gotten on with him.
I've really met him three or four times, but we've
always had, you know, good banter. And so that's why
I was a bit shocked that he well, it was
(54:20):
was having a go at me about what Mike Lee
has said, which was all fact, and it was about
the rates increase in Auckland, which everybody's thieved about seven
point nine percent.
Speaker 25 (54:34):
I mean.
Speaker 2 (54:34):
So, so he sent that email to you on July
the third. This is what he claims. He sent that
email at July the third, you know, and keep bagging
me that your paper's going to die. He may be
just suggesting that maybe there's enough Wayne Brown friends there
that they're just not going to pick up your paper,
even though of course your paper's free, isn't it. But
there we go. But then two weeks later you emailed
him back asking for a column in the August issue
of Ponsby News. So really, as all this outrage two
(54:59):
weeks after the fact, is this a publicity stunt made?
Speaker 24 (55:06):
It could be I didn't mean it to come across
like that, to be honest with you, I've did a
screenshot of the email, sent it off to Mike, and
then I sort of forgot about it until I looked
at my Facebook page over the weekend and for all
the comments.
Speaker 2 (55:26):
How long has pons me News been going for since
nineteen eighty nine? You've done well, mate, It's been tough times.
I see the what is it? The akioa mail is
celebrating the one hundred and fiftieth birthday. They've been publishing
and doing media for one hundred and fifty years in English,
not in French, though you could imagine that. So congratulations
to ponts Me News and Akio Mail, and thank you
(55:48):
so much for joining us sponsor Mey News editor Martin Leitch.
It is twenty so eighteen to six the.
Speaker 1 (55:55):
Huddle with New Zealand Southerby's International Realty, a name you
can trust locally and globally.
Speaker 2 (56:00):
And on the whole. Today we have Sarah Trupman, business
mentor's chief executive at Mark Sainsbury, who's, of course Mark Sainsbury,
owner of a magnificent moustache. Welcome people, Hello, Hello alone,
what do you make of Wayne Brown versus the posibly News.
Speaker 4 (56:16):
Well, we're not surprised, are we yet another example of
our Auckland. They're behaving with a distinct lack of decorum. Actually,
I'm elected on Auckland Council's writing mat our local board,
and the constituent stopped me recently and as Stephen might
have dementia.
Speaker 2 (56:33):
Oh really, Well, that's a hell of a claim to
make on public radio. You have to say, I mean, Sarah,
I mean.
Speaker 4 (56:39):
Oh look, I'm serious that I've sat next to Wayne
at council things and just you know, as I say,
his lack of boundaries, his lack of poise and professionalism
is quite staggering, and I think New Zealand's largest city
deserves the mayor.
Speaker 2 (56:55):
Woson Polish, Sarah, I've interviewed him. I know what you're
kind of talking about. But Mark, it's it's exactly that
lack of Polish that people like, and he keeps getting in.
They keep voting for him. So he's got a Democratic
He's got a Democratic man to be a grumpy old bugger.
Speaker 26 (57:12):
Well, I was just about to say he's rocking the
old man vibe, isn't he. That's the thing. And but
like Martin, you know, Wayne.
Speaker 12 (57:21):
Has a z idiosyncrasies.
Speaker 26 (57:22):
I've never had to share a public office or anything
with him, so that's a bit different. But you know,
he's rise people you actually can't help like he is
actually because he is different and does things different ways.
But this and then someone taking a swing at him
the other night and did they didn't they?
Speaker 20 (57:42):
No?
Speaker 26 (57:42):
But that but that whole thing that doesn't sort of
all sort of adds to it some sort of as
I said, it's just like the sort of he's cheaning
into a grumpy.
Speaker 2 (57:49):
Old man, Mark turning into he's been a grumpy old
man for some considerable time.
Speaker 8 (57:56):
And consistency is a wonderful thing.
Speaker 2 (57:59):
And politics a freedom of speech. We're all into freedom
of speech. And I'll even have freedom of speech for
the mayor to be a grumpy old get from time
to time. You just have to understand. At sixteen to
six on the Huddle, Mark Sainsbury, Sarah Trupman, we'll be
back in a brack fast the Huddle.
Speaker 1 (58:15):
With New Zealand Southebyst International Realty, the only truly global
brand on.
Speaker 2 (58:20):
The Huddle Today we've got Sarah Trupman we've got Mark Sainsbury,
We've had the inflation figures out and more and more
people saying, well, this makes interest rate rises from the
Reserve Bank more and more inevitable. Interest rates will go up.
That's the cost of living crisis event as well. And
we're in the middle of a nascent economic recovery, so
raising those interest rates squashed that recovery. And I would
(58:42):
like to ask you, Mark, are you confident that the
Reserve Bank have the right handle on things?
Speaker 13 (58:47):
Well.
Speaker 26 (58:48):
The new governor, certainly, as I think, has made a difference.
It was unders that your interview earlier on with Michael
was quite fascinating because he was quite sort of luke warm.
Wasn't it that this was going to have the sort
of too much of a too much of an inflationary effect.
It was going to sort of bring it down a bit.
But it's just like for people like you and I
(59:09):
and everyone I was sitting at home, we're really feeling
it's not it's not some academic debate about where this
rate's going to go. All your bills, all your outgoings,
everything's gone up. I was surprised. I thought the cost
of living would be actually up far more than what.
Speaker 2 (59:22):
It was and then Sarah to combat it. Then your
interest rates go up if you've borrowed any money, So
you know that just adds to everything.
Speaker 4 (59:31):
I'm not economist, but I certainly believe the Reserve Bank
will put the ocr up just slightly, either in September
or Detember. But we certainly don't want the volatility that
we had five years ago. Those small tweaks brings a
solid recovery.
Speaker 2 (59:46):
I think, yes, well, we've all mentioned what happened during COVID,
but there I think, well, you know what I really
think Mark, at that moment, the Reserve Bank actually didn't
have confidence in New Zealand's resilience and our ability to
get through, and when the COVID closed down happened, I
think they were shocked at how much economic activity continued,
and from that moment we were behind the eight ball.
Speaker 26 (01:00:07):
Yeah, yeah, no, I think I think you might be right.
It's look, is it a science or is it voodoo?
Speaker 7 (01:00:14):
In terms of.
Speaker 26 (01:00:15):
Working this out, It's a It's an interesting looking I
mean around the world at other countries in the central
banks and whether they have political control or leave them
to do it, which has always been the man for here,
isn't it. I mean, we leave it to the Reserve Bank,
out of our hands. So the politicians saying, get their
hands on the levers. But what do you do when
the results seem to be staring in the face saying
(01:00:37):
it's not going how it should be?
Speaker 2 (01:00:39):
All right, Sarah, you're a politician, so you might be
interested in this. You might have an opinion as well.
There's changes, of course to the way we do our elections,
with no more enrolling on election day. We've had Camella
Bolich on this saying, well, this actually fails. It's not democratic.
It fails a lot of people who are young they
might turn eighteen beforehand, or who are moving how etc.
(01:01:01):
Another saying well, if you can't actually enroll, but before
the election, do you have the right to vote? Where
do you stand on this? Is this democratic or anti democratic?
Speaker 4 (01:01:09):
I think I'm saying that the Electoral Commission is failing
voters is just a step too far. They're definitely not
failing the voters, and we do need to reduce the
number of special votes and the time taken to process them.
I think what we need is for people to have
a bit of individual responsibility. It doesn't take much to
ensure that you're enrolled. We've got civics education and schools.
(01:01:33):
We've got political meetings at university, we've got politicians debating
up and down the country and community halls. At all
of those events, people can hear how to get themselves
enrolled to vote. And of course, if we have any
hesitation about this, Andrew, we can just look to Australia
with us so much more strict.
Speaker 2 (01:01:53):
Yeah, that's what you have to enroll thirty days before
for the election. And of course here's the thing, Mark,
I wanted to be a grumpy old get myself. I
mean I always live, I always live with and rolling
well before the election. I lived before the days of
you know, postal votes. I live before the days of
pre election voting, which I find surreal. If we could
(01:02:14):
live with it, then, why can't we live with it now?
Speaker 9 (01:02:17):
Well?
Speaker 26 (01:02:17):
See, it's such an interesting one in this one, because
I mean I looking up one hundred and ten thousand
people enrolled or updated their details on election day last time.
So and it's a balance, isn't it. We don't want
this going on forever. We don't want it taking weeks
and weeks and weeks to get it good to get
a final result, but at the same time, our right
to vote, irrespective of how extreme it may seem, I think,
(01:02:39):
is something we've got a really, really value. So before
they start, you know, cutting those people out, and of
course it gets them the political argument because just like
in the States, where it's pretty much you know, strengthening
the voting requirements and cutting back on the time is
pretty much a Trump public and Republican initiative, but a view,
it's the more likely labor voters the ones. So we'll
(01:03:01):
leave it to the last minute.
Speaker 2 (01:03:02):
Well with your value democracy and roll early now, Sarah,
Rhythm and Vines is moving and they're obviously growing and
that's good for them, but this has going to be
a big blow for Gisbone.
Speaker 25 (01:03:14):
Oh.
Speaker 4 (01:03:14):
I think we'll have had an incredibly positive economic impact
on the location. And of course it's a wonderful story.
Three guys from university started up in one of their
family homes backyards and it's been there now for twenty
four years. But R and V have got the capacity.
They've got capacity and events need to stay fresh and
(01:03:37):
that chat Kevin you were talking to earlier has a
strong major events background. Tea and his team will deliver
something spectacular and I hope they go. They'll get the
support of local council and businesses behind them.
Speaker 2 (01:03:50):
Of course they will, because it's a windfall. And this
is the thing, Mark, We've complained too long about things
moving away from the regions, away from rural areas into
the big cities, because that's where the big money is
and that's not necessarily a good thing for community spirit.
Speaker 23 (01:04:03):
It isn't.
Speaker 26 (01:04:04):
But you know the reality is, I mean, twenty four
years have been fantastic. Like my daughter heading off there,
it wasn't something I went on a regular basis myself.
I think we might be a bit the same in
terms of that. But yeah, fantastic. But they've got to
they've got to move on. You can't sort of force
them to stay SOS. What Grisbond's got to do is
(01:04:27):
it's got to find other things.
Speaker 2 (01:04:29):
Are a place I.
Speaker 26 (01:04:30):
Love gets and I think it's a fantastic place, but
it's it is isolated and it's difficult.
Speaker 2 (01:04:35):
How about well, apparently there's a vineyard coming free. How
about a little jazz festival in there. We'll be into that,
wouldn't we, Mark, Yeah, of course you would, Mark Zainsbury,
Sian Trump and on Theerhuddle Nestle zb it is seven
minutester six.
Speaker 1 (01:04:50):
It's the Heather too for see allan Drive Full Show
podcast on iHeartRadio powered by news Dog ZEBB.
Speaker 2 (01:04:58):
This I'm Andrew because I was listening to Heather last
night just before the seven o'clock news. I was listening
to Kerry this morning and both of them were talking
about the same thing, and the same thing must be
the biggest story in New Zealand right now. And this
is the new Worlds Smeg Knives sticker thing, the promotion.
I mean, Heather was talking about it last night. Apparently
Heather informed there are now products you can buy and
(01:05:18):
you get bonus stickers if you buy those products, and
so you end up buying stuff that you don't want
just to get the stickers, and of course people pointing
out that is this really a bargain. You've got to
do an awful lot of shopping to get the stickers.
And then Kerry this morning was saying, I don't think
I'm quite up to actually doing another sticker thing because
the Smeg culinary stuff, the cook and stuff that we
(01:05:42):
had last time to my head, and because we were
running out of numbers. I'm going to give all my
stickers away, And can I just say I love this,
but I viewed as a loyalty program. I just buy
exactly the same stuff that I always buy, get the
stickers and ef it turns out that I happen to
get a knife for free that the wife is is
actually currently saying, the four steak knives look nice. But
(01:06:03):
if I happen to get a chef's knife for free, bonus,
am I going to buy something I don't need just
to get a sticker?
Speaker 9 (01:06:10):
No?
Speaker 8 (01:06:11):
Why?
Speaker 2 (01:06:11):
Because I'm an adult and a grown up, and I
have personal responsibility, and times are tight, and every penny
saved is a dollar saved, you know what I mean.
So it's a stick of promotion and that's that still
to come, though, the United States have launched some fifty
percent tariffs on Canada because of all the booze and
(01:06:34):
the cars and all that sort of thing. And I
don't think Donald Trump likes Make Carney because Mark Carney
is very smart. Anyway, there's a feller going to talk
about this out of Canada, and I warn you, he
warns us that it could come to us soon. So
imagine a fifty percent tariff. We've got that interview for
you right after the news which is next here on
News Talks hereb.
Speaker 23 (01:06:57):
Phone cokill on the perfect less easy.
Speaker 1 (01:07:24):
We're Business Meets Inside the Business Hour with Andrew Dickens
and Ma's.
Speaker 8 (01:07:30):
Insurance and Investments. Your futures in good hands.
Speaker 2 (01:07:34):
News Talks that be afternoon to you, Welcome to the
Business Hour. Jamie McKay joining us a bit later. Rompaul Bloxham,
the man who invented the Rockstar economy phrase, the HSBC
Chief Economist, is joining us after six thirty. But right
now we're off to Canada, and Canadian experts are warning
of an all out trade war with America after the
latest very ballsy US tariff move over, twenty billion dollars
(01:07:58):
of Canadian goods have been slapped with whopping fifty percent
tariff by this southern neighbor, all due to theceived discrimination
on American cars, American booze, and American milk. So Carlo
Dad is the director of International Policy at the New
North America Institute, which is based at the University of Calgary,
and joins me now, good evening to you, Carlo, Good morning, So,
(01:08:21):
how did this go down in Canada.
Speaker 7 (01:08:24):
It went down about as well as everything else the
Americans have done to us and to others around the globe.
Not entirely unexpected. Certainly the analyst community, myself and others
have been preparing for this. But it's just another blow in,
you know, Francois Truffau's Thousand Blows or whatever the movie was.
Speaker 2 (01:08:47):
You've got thirty days until the tariffs take hold. Is
there any way you can negotiate your way out of it?
Speaker 9 (01:08:54):
Oh?
Speaker 7 (01:08:54):
Potentially, but we could also negotiate our way into the
Americans asking for even more from us. Well, stepping back
for a second, it's good for listeners to understand that
only two countries have attempted retaliatory trade measures or tariffs
with the US. Both those countries begin with the Sea.
(01:09:15):
I think your leaders know or your listeners know, the
other country, China. There's not much the Americans can do
to make an example out of China, but there's a
lot they can do for other countries around the globe,
with whom they are also pressuring to make terrorff concessions
or trade concessions or deal with irritants. So we've largely
(01:09:35):
expected that sticking our head up would get us hit
hard by the Americans.
Speaker 2 (01:09:41):
So Matt Connie says he'll do everything for Canada, but
he stopped short of talking about tip to tariffs. But
there are other leaders in Canada who have been quite
vocal about responding with very similar tariffs the other way.
Which way do you think he will go?
Speaker 7 (01:09:58):
So this is the key issue that we face, as
other jurisdictions including New Zealand Australia don't face. In Canada,
the provinces are quite strong, especially in terms of trade issues.
There are areas of provincial responsibility where the province, well,
the buck stops with the provinces. So this lends itself
to sort of a foreign interference where the Americans gain
(01:10:22):
leverage by causing domestic dissension within different sectors and different provinces.
The terriffs we've had from the administration Section two three
two terrafs which have never been exempted under the various
other COSMA Trade Agreement provisions, hit provinces differently. Fifty eight
(01:10:43):
percent of what Ontario exports to the US are covered
by those terraffs, fifty five percent for Quebec, but here
in Alberta four point five percent next door in Saskatchewan,
four Newfoundland Labrador less than one, British Columbia close to
forty percent. So you have already these provincial splits. And
(01:11:05):
this is not because the administration is targeting provinces, but
because not every province in Canada makes all those Section
three three eight allows the US President to go beyond
de facto provincial tarrists too, explicitly naming provinces and tariffing
only goods that come from certain provinces. So this is
(01:11:28):
a real game changer for US.
Speaker 2 (01:11:30):
Is your advice for country like New Zealand to remain
quiet because we could actually see that this could be
a boon for us if we are seen in a
bit of light or should should we be standing up
to these tariffs and this tectic.
Speaker 7 (01:11:47):
You should prepare for the worst, hope for the best,
prepare for the worst. Specifically, look at the agreements that
twenty other countries have been forced to negotiate with the Americans,
making concessions to the US in exchange for higher tariffs.
So your baseline of holding on to what you have
(01:12:07):
is probably not viable in the longer term. At some
point in time, the Americans are probably going to come
to you and ask for a baseline tariff of the
type that the UK EU create. You'll work your way
through the list. So we're publishing a paper examining what
the Americans got, how do those twenty agreements and what
(01:12:28):
Canada should be preparing for. In terms of the Americans
asking for concessions, it's not the economy of the past
exporting milk, lamb commodities. The Americans are pushing for rules
on digital trade to take control of the economy of
the future AI technology data. So the sort of buying
(01:12:55):
for everyone is how much of tomorrow's trade do you
sacrifice for protecting the trade of today. And that's something
that you do well to have a national debate about.
Speaker 2 (01:13:08):
Yeah, okay, Carlo Data, I thank you for your time today.
And Carlo is the director of international policy at the
New North America Institute that's at the University of Calgary.
Rob sent me a text while that interview was on
saying when Trump put their first tariffs on Canada, they
took us products off the shelves and Jack Daniels and
Jim Beam lost one hundred and fifty million dollars in sales.
(01:13:28):
So yeah, they cut off their nose to spite their faiths.
When they first did these tariffs, Mark Carney, the Prime
Minister of Canada, former Bank England governor, went out and
did a deal with China to bring in three million
evs and said, stuff you to the American car industry.
Here's the thing. Mark Canney and Donald Trump were together
(01:13:48):
at the World Cup final in the same room, along
with the President of Mexico. Can you imagine how cold
and frosty that room must have been when the next
day this has happened. And I think, really, to be honest,
Donald Trump is a little leary about Mark Carney, because, well,
Mark Carney's bright, and he knows his way around this
macroeconomic stuff. Now, got some good news in the dairy
(01:14:11):
area from Jamie McKay from the country, and he's joining
me next. Well, I want to tell you about a
fellow called Neville who lives in the Bay of Plenty.
And Neville spent most of his life working on machinery,
and like a lot of people, he put the fact
that his hearing was going a bit dodgy down to
getting older, and it never occurred to him that it
might be work related. I mean, he was working with
machinery after all, turns out it was. And because of that,
(01:14:35):
it means it's ACC funded. And here's what that looks like.
If you go along to resonate Health, whatever ACC funding
band you get approved for, you're going to get some
really good, top of the range hearing RAID aids from
resonate Health, not the basic option, not something you have
to pay extra to upgrade. Their team also take care
of the whole process. They do the paperwork, the fitting,
the follow up, so you're not left chasing it yourself.
(01:14:57):
It's a Neville in the Bay of Plenty did not
think he'd qualify, but he did. And there's a lot
of people in New Zealand in exactly his position, but
they never find out simply because nobody told them to check.
So I'm telling you to check. So if you've worked
hard and noisy conditions, like say on the radio with
very large headphones, take ten minutes figure out where you stand.
(01:15:18):
Then phone eight hundred seven three seven sixty six two
oh eight hundred seven three seven sixty six two or
go to the website resonate Health dot co dot mz.
Speaker 8 (01:15:27):
Ed the Rural Report with Farmlands. Rural never rests and
neither as farmlands.
Speaker 2 (01:15:33):
All right, we're joined now by Jerry McKay, host of
the country Hallo, Jane.
Speaker 25 (01:15:37):
Get Andrew, do you reckon? I see say you'll fund
you and I a couple of veterans of the radio industry. Sorry,
hearing aids when our time comes.
Speaker 2 (01:15:45):
You know, I think a lack of hearing. Yeah, yeah,
a lack of hearing is actually beneficial in this industry.
You know, a one eyed, no eared, chalkback host is
actually a good thing. Hey, now, look, we're going to
have the World Dairy Summit. Would this means two thousand
people come in here and spending money?
Speaker 25 (01:16:03):
Yeah, it'd be great to well up to two thousand people.
Last time we had it here was on twenty ten
the Yeah, the International Dairy Federation's World Dairy Summit. So
we're expecting up to two thousand delegates. It's going to
be at the New New Zealand International Convention Center in
Auckland Wednesday, the eighteenth of November. It finishes kicks off
(01:16:23):
on Sunday, the fifteenth. Early bird registrations are open now.
Just google it and get in early because it's quite
a saving to get in before the end of July
other dairy News, Andrew, and I'm going to keep a
really keen eye on this one. And this is the
fourth Global Dairy Trade auction of the new season, which
will happen tonight. Now, we've had a poor start to
(01:16:44):
the twenty six twenty seven dairy season, three consecutive halls.
We lost five percent in the GDT auction in early July.
We've seen as a result of that, a fifty cent
drop in the forecast milk price from Fonterra to nine
dollars twenty five. Now, the futures markets suggesting a small lift,
(01:17:05):
but my guy at jard and Mike mcintie, who's pretty accurate,
it's not quite so confident. Incidentally, futures market at the
moment for this season sitting at nine point forty, so
that's above Fonterra's nine twenty five for next season nine
fifty five, which sounds all right on the face of it,
but remember that break even milk price from Dairy and
(01:17:25):
Za is now sitting at eight dollars seventy nine, and
you've got farmers, for instance, facing up to a forty
three percent increase this season for their fertile Eliza let
alone their fuel.
Speaker 2 (01:17:39):
Yeah, I was thinking about this when I heard of
the four drops and then the change in the farm
gate price, and I thought, well, gosh, that's quite a
big change. But farmers that they didn't they didn't sort
of get over the optimistic, did they. They didn't start thinking, oh, yes,
the greater farm gate prices here and locked in. Are
they prepared for what might be a slightly less return?
(01:17:59):
Dan was picked and six months.
Speaker 25 (01:18:00):
Ago, Oh absolutely, Andrew. And you know, look, farming, dairy, farming,
all farming cyclical businesses. You know, you ride the roller coaster,
you take the ups with the downs. Also remember all
of those or nearly a lot of those Fonterra Farmer
shareholders have picked up a big capital repayment from the
sale of the consumer brand's business. So they're in a
(01:18:21):
pretty good position. One thing, the dairy industry, in fact,
the whole farming industry has done well in the last
four or five years post COVID has repay debts. So
we owe several billion dollars less debt on the farms
of New Zealand than we did in say, twenty nineteen,
twenty twenty. So look, they'll ride this one out. But
the problem with not only dairy farming, all farming, all
(01:18:43):
businesses is just the cost side of the ledger.
Speaker 26 (01:18:47):
It keeps going up.
Speaker 25 (01:18:48):
We've got this Middle East thing which doesn't appear to
be coming to a conclusion anytime soon. So look, and
we're headed for higher inflation, a period of higher inflation.
Speaker 7 (01:18:58):
It's just tougher doing this.
Speaker 2 (01:19:00):
Tell me about avocados, Well, I don't like them.
Speaker 25 (01:19:05):
My wife does, Andrew, but I can't stand them.
Speaker 2 (01:19:08):
I'm allergic to them. They actually can be telling me that. However, however,
my wife loves avocados and has half of one every
single day. But how's the business going?
Speaker 25 (01:19:19):
And here was me thinking, Andrew, you were a smashed
avocado toast of guy being an Auckland. Look, I reckon.
I mean, I shouldn't say this because the avocado guys. Look,
give me a key with for it any though the week.
But the avocado guys have a tough time of it
because their industry really has some ebbs and flows. And
the other interesting thing about avocado is that you may
(01:19:39):
not be guaranteed a crop or a good crop every year,
So that's pretty cyclical as well. Look, we used to
send two thirds of our avocado to Australia. They've got
a gloff of avocado over there. So we're pivoting to
use modern parlance, and we're heading more. We're sending more
to Asia. South Korea seventy up to seventy percent in
(01:20:02):
the past year, China, Hong Kong, India nearly doubled, Taiwan
increased by fifty percent. So New Zealand farmers and growers
are pretty good at finding a home for their produce.
And you know, avocado is a bit of a superfood.
But as I said, give me a Kiwi apple or
a Kiwi fruit any day of the week. Andrew, you
enjoy your smashed africado.
Speaker 2 (01:20:21):
Well I won't because I'm allergic. I told you that, mate, Bet.
Thank you so much. Jamie McKay from the Country. And
it's now six twenty three and it's Newstalk's.
Speaker 8 (01:20:28):
Hebb It's the Heather to Bussy Alan Drive Full.
Speaker 1 (01:20:32):
Show podcast on iHeartRadio powered by News Talks HEBBI Approaching
the numbers and getting the results. It's Andrew Dickens on
the Business Hour with Mass Insurance.
Speaker 8 (01:20:45):
And investments, Your futures in good hands. News Talks EDB on.
Speaker 2 (01:20:49):
The burning issue of the day. Sonya says, regarding the
New World stick and knife promotion, like you, I have
mostly stuck to my grocery list, and that's what you
should do. And then she says, I just declined the
stickers as nobody I know wants them. Well, I don't
do that. Take the stickers every time, spread the love.
I guess six twenty six.
Speaker 8 (01:21:11):
There's no business like show business.
Speaker 2 (01:21:17):
Okay. When I came in this afternoon at twelve thirty,
Sam the setup guy, Samuel the setup guy, got me
all excited because he said, Luke Skywalker's lightsaber has just
been auctioned.
Speaker 8 (01:21:35):
True.
Speaker 2 (01:21:36):
This is the Luke Skywalkers lightsaber from the iconic Luke
I Am your Father scene. And they throw in a
free seven hand because you'll know that he got his
hands seven while he's hanging on to the aerials and
all that, and eventually got a buy only hand. So
they put out for auction. Guess how much this lightsaber
went for reminding you it doesn't really work. It's not
(01:22:02):
a real lightsaber. You can't cut people's heads off with it.
It's just a bit of plastic with a bit of
plastic and some LEDs in it, which sold for six
point four million New Zealand dollars. I know, I feel
the force that makes it the most expensive Star Wars
(01:22:22):
prop ever sold. Wasn't the only piece of movie history
up for sale at the Oxens this week. For nine
hundred thousand, you could have got yourself an original witch's
hat worn by Margaret Hamilton, who was the Wicked Witch
of the West and the original Wizard of Oz for
six hundred thousand dollars. You could have picked up a
Willy Wonka top hat as worn by Gene Wilt Wilder
from nineteen seventy one six hundred thousand dollars for top
(01:22:44):
hat for five hundred thousand, a cool half million. You
could have got a dragon egg from Game of Thrones
for half a million. Though you'd hope the eggs would
hatch and you get a dragon at the end of it.
But I can tell you that they just ruined the carpet.
Fun fact about the light say with the original creations
were made from a box of old scrap from a
photography shop itself, for six point four million dollars. Yeah,
(01:23:10):
news talks hereb By the way, I just watched and
or for the second time because that is just out
and out the best Star Wars ever. And tomorrow I
might watch Rogue one because that followed on quite well.
I do like my Star Wars. We're into the news
and sport in just a few moments time. Next hour,
We've got Paul Bloxham on the line out of Australia,
(01:23:31):
HSBC's chief economists, the man who once upon a time
said New Zealand was the rock star economy and our
favorite favorite Irishman resident in England and de Brady talking
about news out of Europe as the business our on
news talks hereb Oh. I'll also tell you some ratings figures,
and I'm talking about you know, rugby versus league versus
football right after the news.
Speaker 8 (01:24:00):
Whether it's macro, micro or just plain economics.
Speaker 1 (01:24:04):
It's all on the Business Hour with Andrew Dickens and
Mas Insurance and Investments. Your futures in good hands, used
talk zebby, you know what to dare thing.
Speaker 8 (01:24:14):
My head, thing, my head, take it.
Speaker 2 (01:24:21):
Into I'm Andrew Dickens spilling in to Heather Drew P.
C allen, who's taken a little bit poorly today and
hello to Scott. Thank you for listening. Scott writes Andrew.
I agreed, and or rocks. It's Star Wars for adults,
and I'd totally agree with that. Hello, Die, thank you
for listening, and Die writes Hi. Andrew Marcus is calling
for stick is sent to be sent to z B
(01:24:42):
for a caller who barely this out last time. Cheers,
Thank you for that as well. Now you would have
seen yesterday on the news and this caused some talk
this morning with Kerry the television New Zealand led with
their incredible viewing figures for the FIFA World Cup and
then they had Ryan Fox after about ten minutes of
boasting about how great the FIFA World Cup was. And
there's some people who argued that pure news choice like
(01:25:05):
three News, was that Ryan Fox was a bigger story
than the FIFA World Cup ended, and I would agree
with that as well. But you've got to realize that
TV and Z was boasting because they were so happy
about the FIFA World Cup and their success. And they
told us that apparently one in three New Zealanders watched
the tournament either on broadcast TV or on TV and
ZEN plus how good is that? And they have the
exclusive rights to the next World Cup in twenty thirty. Well,
(01:25:28):
wouldn't you know it. SkyTV's come out today with their
viewing figures, but this time about the Warriors and the
All Blacks and also the Nations Championship in rugby, and
they've said that one and a half million New Zealanders
have turned into the nation's champion. That says, oh, wouldn't
you see this? Exactly the same number as the FIFA.
One in three New Zealanders have watched the Nation champs
(01:25:49):
so far, so you can see what's happening here. They're
just comparing themselves apples and oranges, and apples and apples
and oranges and oranges. And then turning to the All
Backs Island match, they had the biggest audience the Skies
have for a while. It overlapped with the Warriors and Dragons.
The All Backs though they won, they got a considerably
larger audience. But here's the interesting thing. Eighty percent of
(01:26:11):
people who watched the Warriors also watched the All Backs.
So the Warriors on the big screen and on the
phone they might have had had the All Backs. They
were multitasking, and unbelievably a lot of them were men.
I told you min multitask twenty one to seven, Dickens.
Paul Bloxham from HSBC, the chief economist, joins in our
(01:26:33):
Paul Good evening. Can I so, our inflation numbers came
out today four point one percent, A lot of it
because of the Middle East, but our non tradables were
also pretty high, electricity and stuff like that rates as well.
So what did you make of them?
Speaker 19 (01:26:49):
Well, I don't think it was surprising that inflation jumped.
It was pretty widely expected and it rose to be,
as you say, quite high. It was above the Reserve
Bank's target and it rose to four point one percent.
A lot of it was fuel that drove the rise.
But then if you look at the broader measures, the
measures that sort of try to strip out the volatile items,
(01:27:10):
they're on a rising trend as well. So I think
it's telling us that there's a bit more inflationary pressure
in the New Zealand economy. It's vindicating the idea that
the arbian Z did lift interest rates earlier this month.
I think that's it vindicates that, and it sort of
indicates that I suspect that the Arbianz's probably going to
have to lift interest rates.
Speaker 12 (01:27:29):
A bit further.
Speaker 19 (01:27:29):
Yet that there's more of a more rate rises yet
to come, and these numbers support that idea all round.
Speaker 2 (01:27:35):
The thing I've been banging on about this evening is
watching this and I've been watching these sorts of things
for thirty years. The problem is, you know, you're in
a nascent economic recovery right now, things are starting to
go well. Last thing you want is your interest rates
and the cost of capital to start going up, because
that's another blow. It's sort of it's stagnatory.
Speaker 12 (01:27:57):
I certainly agree that there's an element of that.
Speaker 21 (01:27:59):
I think.
Speaker 19 (01:27:59):
I think think part of the reason inflation's reason obviously
is because of the offshore shock and the rise in
fuel costs and the events in the Middle East that
we've seen play out, But I think also part of
the recovery, it partly relates to the recovery in the economy.
There is there isn't a modest upswing in growth underway
in New Zealand. So the tricky thing for the rbnzed
(01:28:19):
at this point in time is so that it is
to you know, deal with the inflation that's higher, but
obviously not really stomp on the as you describe, nascent
recovery that's in the economy. So look, our take is
they're going to be pretty cognizant of that. They're probably
going to have to lift interest rates a bit further.
But we're not sort of super convinced that they're going
to be lifting interest rates, you know, in a very
(01:28:40):
long sequence and by a substantial amount. I mean, I
think the other thing is growth is in an upswing,
but the housing market is still very very tepid.
Speaker 12 (01:28:48):
In the housing market in New Zealand's.
Speaker 19 (01:28:49):
Quite weak, and that makes it quite a different interest
rate cycle to previous ones. In the past, inflation's got
the economy has been an up housing has been an
up swing, and the RBNZ lifts interest rates this time around.
Inflation's rise high and on rising, and growth is in
a bit of an upswing, but of course the housing
market isn't. So we still we do think they'll lift rates.
(01:29:10):
We don't think they're going to list rates quite as
much as the market's pricing at the moment.
Speaker 2 (01:29:13):
Now, well, this is all about our confidence in the
Reserve Bank. And I was talking to Michael Riddell earlier
this evening and we were talking about what happened over
COVID where we absolutely dropped the rates to made money
too cheap because we didn't realize just how well we
were going to actually keep the economy going over the
COVID lockdowns, and the result of that was incredible inflation,
incredible house prices going up, and so then we had
(01:29:34):
to clamp down it with an incredible hard hit on
interest rates going up five hundred basis points. So the
Reserve Bank, with the benefit of hindsight, got that wrong,
underestimated us. The question is will the new Reserve Bank
under An A. Bremen be better at looking at the
complexities and the nuances.
Speaker 19 (01:29:54):
I certainly think there's some truth to the idea that
there was a lot of stimulus delivered to the New
Zealand economy through the pandemic, and in the end, house
prices rose by forty five percent through that period, which
is a substantial ramp up. And then of course when
we got to the end, like the rest of the world,
there was a surge in inflation when the global economy
and the New Zealand economy reopened, and of course they
(01:30:15):
dealt with it by lifting rates.
Speaker 12 (01:30:16):
They've created more of a cycle.
Speaker 19 (01:30:18):
So I certainly agree with you that you know now
the challenge is to find the right balance of taking
a bit of the heat out of the economy so
that inflation doesn't get out of you know, doesn't get
out of hand, and he does head back towards target,
but also not stomping on what is you know, just
just a nascent recovery in the economy. So it's not
there won't be easy choices, but I do think the
(01:30:39):
likely balance is going to be we'll see a few
more rate rises yet.
Speaker 2 (01:30:43):
Good stuff. Paul Boxton from HSBC, I thank you for
your time today. It is seventeen minutes to seven still
to come. We're off to Europe with the end of
Brady we'll be talking about to Andy Burnham. Andy Burnham
is now the Prime Minister. Andy Burnham was invited by
King Charles the Third to form a government today. Andy Burnham,
the King of the North, Andy Burnham the far more,
(01:31:04):
the far more socialist socialist than Sekia Starma ever was.
So people got a bit upset with Ka at the time.
Didn't like the way the country was going. Now the
Labor Party have taken it upon themselves to put Andy burnerman.
Is it really any difference? In fact, have they made
things worse? So we'll talked to Dy Brady about that,
(01:31:27):
and we might even talk about Larry the cat from
Tien Downing Street, who was quoted today as saying, oh yeah,
new human, same food.
Speaker 1 (01:31:37):
It's the Heather Dupless Allen Drive Full Show podcast on
my Art Radio powered by News talks EDB everything from
SMEs to the big corporates, The Business Hour with Andrew
Dickens and Ma's Insurance and Investments, Your Futures in Good
Hands Us talks EDB.
Speaker 2 (01:31:56):
Yes and everything, including Luke Skywalker's lightsaber, which I talked
about just before the news, which is sold at auction
from the Star Wars film for six point four million dollars.
And I said, you know the one, the one that
was used in the scene where Darth Vader says, I'm
your father, Luke. Well, people have said, no, that's not
what was said in the scene, and that is true.
(01:32:18):
Darth Vader never actually says Luke, I am your father.
The exact quote is no, I am your father. So
this happens during their climactic Lightsaber duel, and Luke said,
and I think he's talking about everyone. He said, he
told me enough, he told me you killed him and
Darth Vader said, no, I am your father. So yeah,
(01:32:41):
I got it wrong. But what's happened is it's changed
over time and say I'm your father. Luke has become
the popular thing. But in the essence and the interests
of getting things right, that is now the correct quote.
He still doesn't stop the story that to pay six
point four million dollars New Zealand for a prop a
lightsaber prop and one that doesn't actually cut bread, I
(01:33:03):
thought it was an owle lot of money. Right, it's
off to the UK. We go in Europe and we're
talking to Indo Brady hellow Enda.
Speaker 20 (01:33:11):
Hey, I've about seven of them from when I was
a kid. If anyone wants to pay one million dollars,
I'll sign it.
Speaker 2 (01:33:18):
I know, all right. So we have a prime minister.
King Charles the Third invited Andy to become the prime minister.
And what's been made of it.
Speaker 20 (01:33:29):
Well, I think, look, there's a lot of skepticism and
a lot of kind of worry about what he's going
to do. But a couple of words, the buzzwords from
the speech, which I thought was excellent hope and change
and look, if he can deliver either of those, I
think people will think it's Christmas every day because we've
had very little of that for about fourteen years. So
(01:33:51):
I thought it was an impressive start. He is an
ambitious man. He can work a room, he can communicate,
he knows how to get things done. So he ran
Manchester very very well for nine years. Excellent transport links
up there, affordable transport as well, and clean streets and
it is. But there's a big difference between running a
(01:34:12):
regional city and running a country. So today's day one,
let's see how he goes.
Speaker 2 (01:34:17):
See there's tresshead ideas as well, and she got them
done quite quickly, and they really did not work. And
the question is it's very easy to say hope and change,
but changed to what.
Speaker 9 (01:34:30):
Well.
Speaker 20 (01:34:30):
I think what he's planning to do is make a
few little easy wins for people in terms of cost
of living so vat value add attacks on energy bills.
Apparently that is going to be reduced today. He's also
going to cap bus fares at a maximum of four
dollars anywhere every day. That will help people. But the
(01:34:51):
problem is this just colossal debt piled in the UK.
Government has allowed itself to run up. I mean I
heard the statistic yesterday, which is true and it just
shocked me to my core. Eight percent of all money
that the government takes in every year goals on servicing
the interest on the debt previous governments have run up.
(01:35:12):
That is, if it was a government department, it will
be second behind the health service and they are just
basically burning cash to service interests as well as that.
Speaker 2 (01:35:22):
Well, the UK public public sector net debt to GDP
ratio is ninety five point one percent, so any promise
he makes is going to be paid for with borrowed money.
And of course you've got all the interest rates. Here
in New Zealand, we're having conniptions about the fact that
we're at forty percent and our government wants to get
down to thirty percent. So the UK is quite fundamentally
(01:35:43):
stuffed on the ditch side.
Speaker 20 (01:35:46):
Yeah, I look, I think honestly, if the UK was
a human being at some point, the banks would be
sending around men with batons. That that's where we're at.
You know, It's it's not good Burnham. I think let's
hope there's a Burnum bounced this week and that the
papers kind of give him a chance, because I think
a lot of right wing media are sharpening the ives
(01:36:06):
already calling for a snap election and then what I mean,
this revolving door of Downing Street just has to stop.
Speaker 2 (01:36:15):
Yeah, so that might have something to do with your
five year terms, but that's another story entirely.
Speaker 18 (01:36:19):
Now.
Speaker 2 (01:36:19):
What has really fascinated me is the murder of n
Whittacombe and a man is due in court today to
be charged with that murder. So what happened with that story?
Speaker 20 (01:36:31):
So it's very much a live legal proceeding now. So
what I can tell you is that a twenty eight
year old man from the town of Rotherham in South
Yorkshire called Joshua Kerry will today be brought before Westminster
Magistrates Court in central London and charged with the murder
of Ann Whittickumbe. Investigation continues and remember he was arrested
(01:36:53):
on suspicion of commissioning acts of terrorism as well. So
the police continuing their investstigations. There may well be more charges.
We simply don't know. But what they did tell us
yesterday evening is that they received eight hundred lines of inquiry.
That's information from the public. So this will give you
an idea of the complexity of this investigation.
Speaker 2 (01:37:15):
Now it's a story that we'll only get fuller and
fuller and be reported on for a very long time.
And we only had a couple of minutes to go.
And in fact, I'm looking at my TV in the
screen and he is the boyish face of Kevin Keegan
Beck in his glory days as manager. And Kevin has
passed away. It breaks my heart. Seventy five years old.
Speaker 20 (01:37:31):
Yes, he had staged four cancer, which he only revealed
a few weeks ago, and it's very very sad because
he was such a larger than life personality played for Liverpool,
played for England, managed England, went off to Germany, won
the Bundesliga with Hamburg, who were not a very fashionable
club until he arrived. And if anyone struggling to picture
(01:37:52):
the face of Kevin Keegan, you might remember the frizzy
perm in the seventies and early eighties and he became England.
I met him a few times over the years. I'm
a Liverpool fan and he was just one of those
people who had this infectious energy and zest for life
and you just came away from meeting him thinking, wow,
(01:38:13):
I can do anything. And because he came from a
tiny club. He went from Scunthorpe United in the bottom
division and joined Liverpool and won a European Cup. I
think he inspired so many young sports people at the time. Yeah,
that you can you can just come from a small
place and become huge and that's what he did.
Speaker 2 (01:38:32):
And there was that magic time with Liverpool and Joe Jordan,
and there was that Scottish fella who would just run
at defences and Kevin Kegen. There were an amazing group
of players who played beautiful football. And Kevin Keegan has
passed away at seventy five and Inda, I thank you
for your time today. Ed is coming up six minutes
to seven.
Speaker 6 (01:38:49):
See.
Speaker 2 (01:38:49):
I was talking about these great guys from Liverpool back
in the seventies who used to play, and I talked
about the Scottish fella and I was thinking about Graham
Sonis who was seventy eight to eighty four. But the
person I was really thinking about that was Kenny Dalgliesh
from Scotland who actually ran at New Zealand. I think
Scotland beat US in the World Cup five to three
and it was because of Kenny Dalgleish who ran himself
(01:39:10):
into the ground and he was just amazing. And he
was there with Kevin Keegan, and together they were a
group of working class lads with thick accents who I
thought were just magic. Anyway, time for some music.
Speaker 6 (01:39:20):
So and what have we got?
Speaker 27 (01:39:22):
Well, I almost said, well, Heather, she's sick. Well, Andrew
with the news today that R and V Rhythm and
Vines is moving to a new area after twenty four
years in the current one, I thought, well, let's go
right back to the very first Rhythm and Vines that
was held in the exact same spot that the last
one at the end of the year we had Now
it was two thousand and three through to the New
(01:39:43):
Years of two thousand and four. The headliners of that
festival the Black Seeds. So we'll go out, what's so true?
Speaker 2 (01:39:48):
So cool? Also a New Zealand headliner.
Speaker 27 (01:39:50):
Yeah, yeah, well it was all I think it was
all New Zealanders the first time. The others were the
WBC sown Paradigm, Pays a Load, Ground Swell, Deducer, Callum
and Blackbirds. So there you go.
Speaker 2 (01:40:01):
Okay, anyway, Brad, the Black Seeds are still around. This
is Barnabe. We as singing son of Dick Weir who
used to be a two s heer B and national
radio kids show, a producer and make a great, great
broadcaster with a great great son. Thank you so much, An,
It's good piece of music to go out on. Kevin.
Thank you for producing the show. Samuel, thank you for
setting up the show. My name is Andrew Dickinson. For Heather,
(01:40:23):
who's a bit poorly, I have no idea if I'm
back again tomorrow or not, but we'll see by Bie.
Speaker 8 (01:40:46):
For more from Hither Duplessye Allen Drive.
Speaker 1 (01:40:48):
Listen live to news talks it'd be from four pm weekdays,
or follow the podcast on iHeartRadio