Episode Transcript
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Speaker 1 (00:03):
Digging through the spin spins to find the real story,
or it's Andrew Dickens on Hither Duplessy Alan Dry with
one New Zealand, Let's get connected and us talks.
Speaker 2 (00:13):
V Well, a very good afternoon to you. Thank you
for choosing the program. My name is Andrew Dickens here
until seven and on the show today. Our NCA pass
rates are low. We know that from last week. But
what is the deepest story about mildly education? We'll have
that story for you in two minutes time. Inflation, well
(00:33):
it's static, but is it under control? And there are
worrying signs about the year ahead. So for that's Minister
Nicola willis to starfter five. Why can't gen z do
diy that story? And what we can do about it?
With peak wolf cap about five fifteen and what is
happening to the media industry as NZB me sheard staff
(00:53):
Duncan Gree from the spin off is joining us after six.
We'll have these stories and correspondence from right around the
world and New Zealand and you can text ninety two
ninety two and if you want, you can email a
as well. And that is Dickens at Newstalk set B
dot co, dot Z. It is eight after.
Speaker 3 (01:09):
Four Andrew dickens, So today we.
Speaker 2 (01:12):
Had a glimmer of good economic news. The inflation rate
hasn't changed, has it gone up, has it gone down?
It's two point two percent. Inflation, though is still obviously
happening at two point two percent, less than before a
couple of years ago it was over seven percent. So
tradable inflation is low because the global economy is settled
down a little bit, so it's good. But non tradable
(01:34):
or domestic inflation is down, but it's still down to
four point five percent, and frankly, that's still far too high,
and you need to remember that when you get to
your next rate bill or insurance premium. But the question
we all have is are we out of the woods?
And I'd say we're not, because we're still vulnerable to
what might happen in the world, and you need to
(01:54):
think about that. Germany's economy is stagnant. Politically, they're unstable.
South Korea is in a major period of political instability
right now. They're a big economy. Kias Starmer is United
Kingdom not on the best shape. China is more fragile
than it has been for years, and it's about to
get into a trade war with the United States. And
there's a very real threat that the United States might
(02:16):
be closing its doors to everybody to global trade and
that will affect everybody. And the US books are a nightmare.
Their debt to GDP levels exceed one hundred percent of GDP.
I think it's one hundred and ten percent. Japan's is
at two hundred and sixty three percent. Makes us look good.
Putin will feel that Russia's getting stronger in its war
with Ukraine because of this week's development, it feels picked
(02:39):
on by the West. That's a threat, and she controls
a lot of the world's energy. And we've got extreme
weather events and natural disasters which are stressing the world's
insurance markets. That Ala fires are going to affect everyone.
I know that's a negative list, and I don't like
being negative because New Zealand is putting its house in order,
even though there's many saying that we've done it far
(03:00):
too ruthlessly. But look at it. Our dollar is week,
our petrol prices are starting to rise, imports are on
the way up in price, and inflation is picked to
rise again later this year. Because of that alone. So
we are sitting here in a weekened state after the
last six years, and you know that. Look at your
company's accounts, look at my company's accounts, look at the warehouse,
(03:23):
look at the body shop. The risk of another big
global shock is pretty high and it's all potentially bad.
So as the year progresses this just hope calm heads prevail,
particularly the shorter medium term. But the deeper question is
will this affect our interest rates when the Reserve Bank
meets in February. We'll talk about this as the show
goes on, and we've got Nikola Willis after five education
(03:48):
experts are calling on the government to step up its
game when it comes to improving mildly education rates. So
we had the NCA figures out last week and MILDI
students lagged around twenty percent behind European kids or Pakiha
kids or non Mary kids in last week's NCEA results
for all of the reading, writing, and maths. So educating
(04:11):
consultant Allen Pool is with me right now. Hell Allen, hi, Andrew,
how are you very good? How big is that disparity
in these recent NCA results between Mary and everybody else?
Speaker 4 (04:23):
It's huge, and it's been long term huge. But one
of I guess to me, there are two imperatives about
improving things, and they are imperative. One is that the
portion of New Zealand that is Maori or Pacifica who
are also struggling is now increasing rapidly and in twenty
(04:45):
years time that kind of political ethnic portion of our
population will be thirty three percent. And then the second
one is to me, it's a moral imperative and linked
to the Treaty of Waitangi. If every ethnicity has full
status as citizens, then we should be fully providing and
(05:09):
expertly providing, and we're not.
Speaker 2 (05:10):
But what are the reasons for the huge gap, because
it's not just because you've got brown skin, you know,
there are other reasons around that that contribute to it,
which predominantly affect people with brown skin.
Speaker 4 (05:21):
Well, yeah, people can point to causality, and I think
one causality is that we are not very good at
presence in New Zealand at parenting. Are zeros to five.
There are loads of examples of children from a range
(05:41):
of situations arriving at school at five years old and
being significantly behind, and that was quite well reported on
last year, but we do very little about parenting, and
these children who are coming to school at five years
old and are a long way behind. We can show
that as a whole they don't catch up, and then
(06:01):
as we can sort of continue through schooling that those
differences get exacerbated. But I also think that we live
well and truly in the past by seeing people with
brown skin with the old kind of attitudes, that they
are tactile, that they are looking forward to a role
as a laborer and all this sort of thing, and
we're missing out on developing huge amounts of ability that
(06:25):
are needed for productivity, they're needed for our good society.
Speaker 2 (06:27):
So how does the government fix that? Because it's pretty
clear that they don't like basing any funding decisions or
any decisions at all on race.
Speaker 4 (06:37):
That is clear. And I hear, you know, people like
Don Brash saying, look wise, equality a dirty word because
he's looking at some form of equality under law. But
I don't think he's looking any deeper than that to
see just how disadvantaged through life because of our education
(06:58):
situation and a link to py and previous poverty and
previous education things. There is no equality formali as a
whole in our society. They are a long way behind
it in many ways. So I mean the government might
look at it as an ethnicity thing, but they have obligations,
(07:19):
whether that's under the treaty or whether it's just a
human obligations United Nations rights of the child, and it's
a huge problem. They have to fix it.
Speaker 2 (07:29):
Obviously, if we improve education right across the board, it
will mean Milord kids get a better education. Or do
we need to do something to target this portion of
the population specifically, And again something that I think you'll
find the government is not into.
Speaker 4 (07:44):
Look, I think we need to start from scratched to
some extent with every child born, regardless of ethnicity. How
do we provide an outstanding first five years for them?
And that's important. We do nothing I've advocated before for
(08:05):
a Crown entity for parenting that's non interventional, it's informational based.
We need to change the attitudes of our schools by
incremental goal setting. A lot of the schools who are
straggling down the bottom if you like, of their achievement
tables are predominantly Maori schools and we just let them
go on year after year after year and don't change anything.
(08:27):
And look, I mean it's probably a bit of a
bugbearer for me because I don't think they do a
great job. But prior to the election, Act to National
said they would reprioritize or repurpose the Ministry of Education.
There's still way over four thy two hundred employees and
what do they do? And it's impressed our education profile
(08:50):
and achievements have gone down.
Speaker 2 (08:52):
Awen, I thank you so much for all your commently
as Alan Paul, who is an education consultant former ahead
of man Hobson Middle School. Last article I saw from
Allen was in praise of the Grammar way of doing things.
It is sixteen after four now the Super Smash is
a fantastic competition and it will be even better if
more people saw it. However, it's in a bad time zone,
(09:14):
so how could we make Super Smash better? Darcy Waldegrave
has some ideas and he's.
Speaker 1 (09:19):
Next who will take the White House results and analysis.
Speaker 3 (09:25):
Of the US election on hither Dupless?
Speaker 1 (09:27):
Alan Drive with one New Zealand Let's get connected news
talk said.
Speaker 2 (09:31):
Be is now four nineteen Darcy Waldgrave. Novak Djokovic is
the goat and I don't care how prickly he is,
and he proved it again last night. Listen to the
program last night. We yes, I was thank you very much,
but it's true. Between sern and eight Monday, to prove
he's prickly, I get that. And that's what makes them great.
Speaker 5 (09:51):
Yeah, it does. And he's got the numbers. And if
you're running on numbers, run on that. I don't believe
he got over the Spaniard last night.
Speaker 2 (10:00):
It was I was up till two in the morning.
Speaker 5 (10:04):
Just after two, it was like, okay, that was the
most astonishing third set. I cannot believe it. I've been watching.
Speaker 2 (10:10):
Surely, I'm not staring up for this.
Speaker 5 (10:12):
This is going to go five. Only went four.
Speaker 2 (10:15):
That was intense.
Speaker 5 (10:15):
And again what we talked about last night, he focuses
his rage in the right position and he stands up.
He didn't have to bring up that errant broadcaster who
made a stupid comic and to let it go it
doesn't matter. But no, no, he did it because he
did it because he wanted to give some fire to himself.
Speaker 2 (10:32):
And then he turns around and looks at the audience
and he puts his finger behind his ear and he
goes hello. So there we go. Meanwhile, meanwhile, Aaron Raudlift
is having a very good tournament.
Speaker 5 (10:41):
Aaron routlifts in two semi finals now was juggling the
women's doubles and she's obviously had success in that before
with gibbet Rowski. It's coming up on Friday, but starting
in about all I don't know about an hour mixed
doubles worth Michael Venus two again, semi.
Speaker 2 (10:59):
Five two Kiwis.
Speaker 5 (11:01):
It's so good, Yes, And she's the most wonderful character.
And you'll hear more from her tonight and it will
we yarm with it this afternoon, like before she goes
on court, like three hours or two hours before she
goes on court. Yeah, that's the excess you want got
on you, So looking forward to that.
Speaker 2 (11:20):
I read an article over the weekend and it's all
about Super Smash and the cricket and how good a
product it is, particularly when the black Caps are playing,
and how it's sort of it's disappointing that it's in
a bad time zone for India in places like that,
but they wanted to somehow make it better. So what's
this hint that Super Smash and the Big Bash League
in Australia might sort of join forces.
Speaker 5 (11:40):
Well, in the rugby league we do, in Super Rugby
we do, in the netball we're trying to get back
to that again. In the football we do, and then
some in the NBL we do. Cricket for some reason
don't want to join the party. Maybe the Ossies don't
want us. But the super big bast smash crash, pass,
slash slash, what have you got to that has got potential?
(12:03):
Maybe some haircuts required. You mightn't have two, three maybe
teams over here if the Australians want us on board.
But you think of the quality of the competition when
you've got a focused amount of New Zealand cricketers and
maybe three maybe two teams and they're flying over the
ditch over the ditch, are flying over here and you
promote it. It's got so much going forward, I'm sure.
(12:25):
And he's out in cricket of thinking about this. They
wouldn't have passed them.
Speaker 2 (12:28):
Have you heard anything about that or is this a
Darcy water Grave trademarked idea.
Speaker 6 (12:32):
No.
Speaker 5 (12:33):
I was actually talking with Chris Kens about that, so
I'm going to get him on tonight to expand on it.
I'm not going to take Christmas thunder. That's not fair.
But he's contemplating that and contacting usk Old on why
aren't we doing this. I think It's been talked about
on a number of occasions. So I'm interested in fan
base out there, what works, what doesn't work, because I'll
be all I like Super Smash. I think it's great.
(12:54):
I really enjoy it, love going to the games. But
Big Best Super Smashed combo well, the quality of athletes
and the quality of coverage and commentary and everything else
of mate An.
Speaker 2 (13:07):
Look what it did for Hobart because Hobart had had
a funny little ground and never got anything, but then
they got the Hurricanes who are now finalists and they
got them into the competition. The ground looks amazing, better
than anything we've got. The cricket they've got is amazing.
That people of Hobart got this is amazing and turn
up every day.
Speaker 5 (13:23):
So are they play at christ There's a South Island team,
maybe there's a North Island team, and you've got some
wonderful boutique venues. I'm believing that suddenly Auckland miss out
on everything because they haven't all due respect to eating part.
But I think when it comes to the grassy knoll
would rather be standing on that now.
Speaker 2 (13:40):
Wouldn't they? Absolutely? Hey, thanks and back again at seven,
Thank you so much.
Speaker 1 (13:45):
Recapping the day's big news and making tomorrow's headlines. It's
Andrew Dickens on hither duplicy Alan Drive with one New
Zealand Let's get connected news talks that'd.
Speaker 2 (13:57):
Be yes, the time is now for twenty six and
after my Owen Paul interview about Mari and pacifica education
past raids some texts. Andrew remind me what obligations we
have to Pasivika under the Treaty of White Honey. The
New Zealanders, I think you'll find, so we owe it
to them. The treaty brought us together as a country.
(14:17):
Therefore they are New Zealanders, are they not? Andrew? Isn't
the root of the problem that Madi have been poor
parents for kids age one to four and possibly beyond
very probably Bernie, also their parents and their parents' parents'
parents and their parents' parents before that as well. So
this is quite a heavy problem. And someone says it
should not be looked at through an ethic lens. We
need to look at it based on need, which is
(14:38):
true because lowerdess our schools are way down the figures.
If extra support is needed, then that is We'll wait
to see what happens. Now, have you got a gen
Z and can they do anything around the home or
are they actually useless? Apparently they are quite useless due
to a survey that has gone out around the world
over the last twenty four hours. For instance, gen Z,
(14:59):
a quarter of gen Z adults say they would not
change a light bulb themselves, reasons a stip ladder is
dangerous and one to five fear the bob could be hot.
Now gen Z's will not put air into a car
tire because almost half of gen Z say they could
not change a tire, which can be done at home
or at a petrol station. They would prefer and peak
a mechanic to do it for them. They cannot hang
(15:21):
a picture frame, they cannot clean a car. They cannot
fit a wiper blade, but then again can you, even
though it will take you a minute and you just
slide it on in there. So there's obviously something about
all this. So Peak wolfgampers joining us around about round
about five fifteen five twenty to talk about why gen
Z can't do DIY and what you as parents can
do to teach them how to do it, because surely
(15:42):
you should just put a hammer in their hand and
let them go for it when they're thirteen.
Speaker 1 (15:46):
That's just push a mazani informed insight into today's issues.
It's Andrew dickens on Hither Duplicy Alan drive with one
New Zealand let's get connected news talks.
Speaker 3 (16:01):
They'd be already.
Speaker 2 (16:04):
So fun, you know, forget me. I'm glad, you glad,
welcome back. I'm Andrew. And for Heather. He's had a baby,
a girl, mackay. She'll be back in I don't know
last time she were on a maternity leave. She's supposed
to go for three months. She was back in two,
so she could be three months, could be two, which
(16:26):
might be next week.
Speaker 7 (16:26):
You never know.
Speaker 2 (16:27):
Anyway, it was twenty four minutes to five. Apparently gen
Z can't hang a picture frame eleven percent, so they
would call in a professional to complete the task, which
of course takes seconds. Now here's the thing. I would
do one picture frame. I'm quite happy about that. But
when we moved house and we're putting up all the pictures,
I actually got a professional and to do it, and
he did a perfection job that I could not have
(16:48):
I could not have replicated. And not only that, it
meant that there wasn't just you know, a chorus of
filthy and obscene language all afternoon long as I hung
the pictures and screwed it up and went through the
plaster board and you know, just put it in slightly
the wrong place and didn't get it level. So I
would do that. But that's all right. Text through saying
(17:09):
gen z aren't useless if you parent them correctly. Agree
with that. Parents these days are useless no matter what
race they are. And unfortunately parents have electronic devices in
their hands, and parents these days never say no, and
the kids watch the parents get in, you know, the
higher hobby. So you know, we're all to blame. It's
all our own fault, the architects of our own destiny.
(17:30):
Twenty three to five.
Speaker 3 (17:32):
It's the world wires on youth talks. They'd be drive
before I do that.
Speaker 2 (17:37):
Though you should have told you. Pete Wolfcamp at five
point fifteen on DIY and teaching kids right to the
world wires and overseas. Donald Trump has been busy signing
more executive orders today. He's also pardons, of course, fifteen
hundred people who are convicted of crimes related to the
January sixth insurrection. And here's what he had to say
about those pardons.
Speaker 5 (17:56):
We've served years in jail and murderers don't even go
to jail on this country.
Speaker 3 (18:01):
If you look at the American public, the American public
is tired of it.
Speaker 5 (18:05):
Take a look at the election.
Speaker 3 (18:07):
Just look at the numbers on the election.
Speaker 2 (18:09):
We won this election in a landslide because the American
public is tired of people like you that are just
one sided.
Speaker 3 (18:17):
Horrible people.
Speaker 2 (18:19):
Okay. The Australian Federal Police say the recent anti Semitic
attacks in Sydney may have been funded by someone outside
the country, and here is Prime Minister Albanezi.
Speaker 6 (18:31):
Some of these are being perpetrated by people who don't
have a particular issue, aren't motivated by an ideology, but
are paid actors.
Speaker 7 (18:41):
Now it's unclear.
Speaker 2 (18:44):
Who or where the payments are coming from. And finally,
that's not a bat, that is a rat. Because we've
got a story for you about a plague of rats
which is descended upon police stations and Houston, the mayor
of Houston says, the rodents are breaking into evidence lockers.
Why are they're doing that to feast on the drugs
(19:07):
The rodents like the drugs exterminators have been called in.
These are drugs that have been confiscated and instored there.
The excriminators have been called in. That hasn't worked. Now
the Mayor's hears all the police stations are going to
try and get rid of any drugs that have been
stored inside the evidence lockers for more than ten years.
What you could do is get the drugs, take them
out of the evidence lockers, put them out on the street,
and then the rats will actually go, hey, let's leave
(19:29):
the lockers and they'll go out in the streets. But
oh yeah, then some vagrants might pick it up. Maybe
not a good idea.
Speaker 1 (19:35):
Twenty one to five International Correspondence with Ends and Eye Insurance,
Peace of Mind for New Zealand Business.
Speaker 2 (19:43):
Dan Mitchens, Happy New Year and welcome to the program.
Speaker 8 (19:46):
Thank you and to you too.
Speaker 3 (19:47):
Andrew.
Speaker 2 (19:48):
I was talking to a Republican strategist yesterday, and I
was talking about all the executive orders and the cavalcade
of executive orders that were going to were happening and
continue to happen and still continue to happen. And I
did outright ask how many of these are going to happen?
And how many legal uh legal, uh you dispute, just
(20:09):
how many of them are going to be disputed legally?
And I know we're gonna he's going to start high
and maybe he might finish low. I don't know. So
how many have been disputed we're one day in.
Speaker 8 (20:19):
Well, already the main one has been this this court
action over the birthright.
Speaker 9 (20:23):
Uh.
Speaker 8 (20:24):
What he's doing or is trying to do, is to
to roll back birthright citizenship. So he's ordering agencies to
refuse to recognize the citizenship of kids that have been
born in this country if a mom or father is
not a US citizen or a legal permanent residence. So boom.
Already you've got the American Civil Liberties Union on there,
You've got immigrant organizations, You've got an expected mother that
(20:48):
that has even filed. So, I mean cases in the
hours after Trump has signed these executive orders, I think
are are kind of expected, and they're they're already starting
to pile up, and I think you're gonna a lot more.
We over here always judge the president, they say watch
the first one hundred days. I think with Trump it's
almost like the first one hundred hours. I mean, the
guy has a stack of things on his desk already,
(21:09):
he's signing.
Speaker 2 (21:09):
Absolutely, he's got a lot of power. But at the
end of the day, the constitution and the judiciary can
actually win.
Speaker 8 (21:16):
Exactly because even the top prosecutor in California he filed
a lawsuit on this today and he said, you know what,
you can't do this. It violates the fourteenth Amendment of
our Constitution and the Immigration and Nationality Acts. So under
the amendment, it means anyone that's born here on us
soil automatically becomes a citizen in the country. You'd have
to change the constitution. I don't think Trump is going
(21:37):
to be able to do that in you know, one term,
and that's what he is. He is, in a sense,
a lame duck president because he can't run again.
Speaker 2 (21:43):
Well yeah, well maybe maybe not. But you know, I
think this is what the strategist said yesterday. You know,
start high, finished, low, nothing, ventured, nothing one. We'll have
a crack at this and see if it flies, and
we'll wait to see as time will tell. Meanwhile, one
thing He also hinted at very very strongly to the
point that you think it's a given, is that he's
going to put trade tariffs on two countries in February.
(22:05):
One is Mexico. We can understand that. Boy, he really
doesn't like Justin Trudeau, and he doesn't like Canada because
they were mentioned as well.
Speaker 8 (22:13):
No, he doesn't right now, and it's I think it's
it's also going to be Europe. I think we're going
to see this in New Zealand, where you guys could
pay more as well. Basically, he said, you know what,
we're going to follow through by imposing these tariffs on Canada.
And he said that they're going to impose about a
twenty five percent tax on goods that are coming in
(22:33):
both from Canada to or north and Mexico to or
South as soon as, like you said, February first, and
he said, don't worry about this. All these important goods
you're not going to feel. And you, being the consumer,
you're not going to feel any of this. Well, of
course you are, because if these guys are paying thirty
percent more in tariffs, this is going to trickle down
to us. So the consumer is going to have to
pay more. It's the way it works, no matter if
(22:53):
you're a Republican or Democrat in any presidency.
Speaker 2 (22:55):
Yes, I don't think people I quite understand tariffs is
a tax, but the text is not like if we're
giving you meat, we're selling you meat. We're not paying
your text. It's you guys who pay the text, and
that stops you wanting to buy so much of our meat. So,
in fact, this is a cost put onto the American.
Speaker 8 (23:11):
People, exactly exactly it is. And I think this is
going to happen to a lot of countries, and I
think this is going to come back, and you know,
the Republicans are going to spend this to to make
it sound good like we're getting a break. But at
the end of the day, just watch what prices are
going to do it grocery stores, what cost of furniture,
what cars are going to be doing, what electronics made
in China. So I think this is going to be
(23:31):
a big impact for a lot of people.
Speaker 2 (23:33):
And Zuru toys from New Zealand. Don't forget that. Now,
tell me about Donald Trump's special new button in the
Oval office.
Speaker 8 (23:40):
This is my favorite Trump story because if you when
you when you see a picture of Donald Trump in
the office. Now, if you're looking at your television set,
you're going to have to look to his to the
to the left, but it's on his actually right hand side.
On the office, he has reinstated this button on the
desk that alerts White House staff when he wants a
fresh can of diet coke, nothing else. It is a
button strictly for that, and he had it installed back
(24:01):
in twenty seventeen. It was obviously taken off when Joe
Biden came in, but before he was the inauguration happened.
He got his personalized bottle of his favorite drink directly
from Coca Cola, and when he walked into the office
for the first time, they had the button installed. So
anytime he does that, he will have a valet that
will come in with a can of coke and the
(24:22):
guy goes through nobody knows how many, but he's a
huge fan of coke or diet coke. I should say
right now, but of all the strange things to have installed, no, I.
Speaker 2 (24:30):
Want one too. I want in fact, Laura, I want
one too. I want a big butt button here. I
don't want diet coke because that's an abomination. I want
a button, I push it and suddenly an expressive machiatta
turns up on my disc. Is that cool? It is cool?
We've done day out there today.
Speaker 8 (24:43):
I can I can imagine what Laura's thinking and looking
at it right now.
Speaker 2 (24:48):
I will tell you what an express of makaiata is
a bit later on, and you will bring it to
me when I push that button. Thank you you, thank
you you, Dan Mitchison. It takes through a ninety two
ninety two. Remember there was a small stop bashing gen Z.
My children can cook manager house and a garden. They
grow great vegetables, and they know how to save, and
they have big bank balances. They are smart and doing
well in their jobs. We as parents taught them the
(25:10):
necessary fundamentals to get them started independently in life. Older parents, though,
says for we are older parents, well this is true.
My boys A good one he left home at seventeen,
had to do his own diy and the other one well,
he worked all the way through school and university at
might attend and stuff got in. It is sixteen to
five for looking at New Zealand politics. Next this is
(25:30):
news talks.
Speaker 1 (25:31):
Heb politics with centrics credit, check your customers and get
payments certainty.
Speaker 2 (25:36):
Jason Walls is our political editor and joins me. Now hala, Jason, Oh,
good afternoon. Are you at the National Caucus Retreat.
Speaker 7 (25:43):
I'm not.
Speaker 10 (25:44):
I'm down in Wellington. I've been handling business down here.
Speaker 2 (25:47):
But Sophie Trigger is there. But we've got the State
of a Nation's speech tomorrow from Christopher Luxon, Prime Minister.
Speaker 7 (25:53):
Indeed we do.
Speaker 10 (25:54):
It's been you know, when it rains at paus down
here in politics Land. We have nothing for a couple
of months and this week we have National's Caucus Retreat,
Labor's Caucus Retreat, National State of the Nation, at State
of the Nation in the Ratina, all in one week.
But it was The Herald's Jamie Ensil who's actually been
up there at the caucus retreat. He says it's been
(26:15):
rather dull in yester years as a bit of backyard cricket.
There's barbecues, everybody's in polos or in sunnies. Jamie said,
there's none of that, and he told me that the
meetings are just in bland beige conference rooms and it
was corporate with the capital. See kind of makes sense, really,
I wasn't expecting a jovial affair from the NATS back
to basics from them really And then meanwhile, Luxein's getting
(26:38):
ready for his State of the Nation speech tomorrow. The
theme of that is you guessed it, economic growth, and
there'll be an announcement as I understand it, but nothing
hugely major. I mean, the Shane Avetty cabinet reshuffle earlier
this week was the main bit of news, if you will.
There's going to be some interesting information about how they
plan to solve some of the more systemic ten to
(27:00):
twenty or even thirty year economic plans. And I do
understand that there is going to be a new refocus
on opening up minds in New Zealand. So the Greens
are going to love that.
Speaker 2 (27:12):
One absolutely, and we're hearing rumors were talking about this.
We'll talk about this with Nicola Willis as well. It's
a Simon Bridges idea that we'll get rid of the
visa obligations for the Chinese and Simon Rickens there is
a billion dollars worth of extra tourism that will get
from that alone. You reckon that will be in the
State of the Nation. You reckon that might be a
policy he announces, because that's an immediate benefit a short term.
Speaker 10 (27:35):
Oh, I don't think that'll be in the announcement tomorrow.
I've it hasn't from what I understand it. It hasn't
been billed as a major announcement. And that's what I
would consider to be something quite major, and that's something
you need to get Winston Peters on board with as well.
So I haven't heard any soundings to say it's anything
along those lines.
Speaker 2 (27:51):
All right, very good. We have another political poll out
and warning it's a Roy Morgan.
Speaker 7 (27:56):
Yeah.
Speaker 10 (27:56):
So it just goes to show how up in the
air everything really is. Last week, you know, there was
the taxpayer union funded Courier poll showing that National had
dropped four and a half points to twenty nine and
they were actually leap frogged by the Labor Party. Well,
this new Roy Morgan pole shows that over the December
period the Nats were actually up two point five percentage points.
Speaker 7 (28:15):
To thirty one.
Speaker 10 (28:16):
Act was on thirty in New Zealand, First on seven
point five. In fact, the three parties remained well ahead
of Labor, which is on twenty six percent, Green's thirteen
point five and Tea Party Marti on five point five,
so sort of split that out. For the right block
the coalition government, it's fifty one point five percent and
forty four for the left. Hence why I don't think
(28:37):
last week's bad poll for National would have been the
focus of the caucus retreat today. They're just kind of moving.
The poles are moving around too much. We don't tend
to focus on Roy Morgan as much as the others.
But it's a good little snapshot to just say, you know,
things are really really up in the air right now.
Speaker 7 (28:52):
Yeah.
Speaker 2 (28:53):
True, but of course the only pole of councils in
two years time, and I think the Courier pole will
just remind everybody. It's like a kick out the really,
you know, you've got to work hard if we're going
to keep the benches in two years time.
Speaker 3 (29:04):
So there we go.
Speaker 2 (29:05):
Now a trigger warning. You are about to hear a
voice you haven't heard for a while. But tell me
the story about a book, Jason.
Speaker 10 (29:14):
Well, it's by one just Cinda Ardurn.
Speaker 5 (29:17):
Remember her.
Speaker 10 (29:18):
June third is when her book is coming out. It's
called a Different Kind of Power. And you'll never guess
what the theme is. Well, here's a little bit of
what she said, As I say, trigger warning.
Speaker 11 (29:29):
I've written about things that I haven't shared before, but
I've also tried to share how it feels to lead,
especially if you're surprised to find yourself in leadership. And
for anyone who has ever doubted themselves, I really hope
there's something in it for them as well.
Speaker 2 (29:48):
They go only nineteen seconds, and at least we didn't
show the visuals as well, because she smiled brightly through
the entire presentation of what was a two minute video.
Speaker 10 (29:59):
Yeah, I mean, nobody's going to be surprised by the
fact it's a book about kindness and empathy, and if
you're expecting a brutal takedown piece, you'd be out of luck,
although I can't imagine why you'd be expecting that, So
I expect to see a lot more of just send
our dourness she goes to promote this book. I'm interested
to see whether she actually comes back to New Zealand
and does the book launch here, or if she does
it in Harvard or Buckingham Palace or somewhere like that.
(30:21):
So we'll have to wait. But yeah, brace yourself with
some more just send ardurn.
Speaker 2 (30:25):
Apparently she has a documentary out next week as well.
Speaker 10 (30:28):
And yes, yes, I've heard I've heard a fair bit
about that documentary as well by Clark Gayford, who was
documenting behind the scenes the whole time.
Speaker 2 (30:36):
Yes, it's called Prime Minister. And I'm getting some very
funny texts coming up to say, and I thank you
Jason Walls here on news talks, it'd.
Speaker 1 (30:44):
Be putting the tough questions to the newswakers, the Mike
hosking breakfast terror threats.
Speaker 3 (30:50):
You've got pardons of plenty. The list goes on. Matt
Tyrrell is joining us now.
Speaker 6 (30:54):
He's the former chief of staff to the new Secretary
of State Marco Rubio.
Speaker 12 (30:59):
And managing partner of fire House Strategies.
Speaker 9 (31:01):
The bottom line is, is Trump being Trump? This has
been obviously a non traditional inauguration. You saw him on
the heels of the inauguration speech yesterday, then go to
Capitol One Arena where he did a rally unheard of
for someone during an inauguration day and knowing that he
signed executive orders right then and there in front of
a massive crowd of supporters. Then went to the Oldal
offense with reporters in the room, signing more executive orders.
(31:22):
It was a day in which he was filming his
day one promise.
Speaker 1 (31:25):
Ryan Bridge on the mic hosting Breakfast Back tomorrow at
six am with the Range Rover of the Lawn News
Talks head be Can I just I gave you.
Speaker 2 (31:33):
A trigger warning? Didon't I? And it was only nineteen
seconds of audio as it takes through. Oh my gosh,
that is one nasty trigger. My blood pressure has just skyrocketed.
Cannot wait for the book. It will be hidden by
me and everyone else.
Speaker 13 (31:45):
I know.
Speaker 2 (31:46):
My ears are bleeding. Please don't ever do that again,
Roger says, had a cold shiver run down my spine
with that audio. Andrew and someone else said, don't put
her voice on ZB I'm sorry. Are you a believer
in not a believer in free speech and censorship? And
you want me to start censoring people? Yeah, that's tough.
Speaker 3 (32:04):
Now.
Speaker 2 (32:05):
The inflation figures her out and it's stable, they say,
two point two percent, they say, but domestic inflation, the
non tradable stuff, that's up at four point five percent.
That's still pretty high. Plus the dollar's going down and
we know that. Therefore, imports are going up and we
know that, and the petrol price is going up and
(32:25):
we know that as well, and therefore some people are
warning that inflation will return as the year goes on.
So it's a nasty little brew, and we are going
to have Nicola Willis on the program in just a
few moments time. The Finance Minister, who, while not actually
in charge of actually dealing with inflation as such, is
in charge of dealing with the economic growth that can
help us get out of the whole. And she's meeting
(32:47):
and talking about this in the retreat. So what are
the ideas to get away from what is an interesting situation.
Nicola Willis is my next guest here on News Talk SVB.
Speaker 1 (33:41):
Questions, answers, facts, analysis, The Drive show you trust for
the full picture. Andrew Dickens on Hither Duples see Alan
Drive with One New Zealand let's get connected News Talks.
Speaker 13 (33:54):
It'd be.
Speaker 2 (33:56):
Thank you so much for joining us this afternoon. It
is when the twenty second of January. I know it
feels like a Friday, but that's because it's the beginning
of the year and all these weeks feel like this.
My name is Andrew Dickins. I'm figuring for Heather to Allan.
So the big story is inflation, and inflation has remained
stuck at two point two percent for the year to December. Now,
that is roughly in line with economists expectations. So lower
(34:20):
petrol prices help keep our inflation down. But the thing
is domestic inflation is sticky, like rents. For instance, they're
at four point two percent, and local authority rates are
up twelve point two percent. That's twelve point two percent.
That's all inflation. Meanwhile, economists say that the lower New
Zealand dollar we have at the moment and the higher
(34:41):
oil prices that are emerging, could see a return of
higher inflation imported into this country late this year. So
Finance Minister Nichola Willis joins me. Now, Hella Nikoler, Hello,
how worried to you that this inflation rate that we've
battled to obtain might reaccelerate as a year goes on.
Speaker 14 (35:00):
I think there's some positive signs in this data because
what it shows is that domestic inflation overall, what we
call non tradable inflation, has come down from four point
nine to four point five. That's going in the right direction.
For the first time in a long time. We're seeing
some real progress there, so that's positive. As we look
to the future, yes, of course, we can expect that
(35:21):
there will be other inflationary pressures that can emerge, whether
that's from offshore or other things outside our control. So
our job as a government is to make sure that
we're keeping that discipline around our own spending, not adding
fuel to the inflationary fire, and let the Reserve Bank
do their job of making sure interest rates are in
the right place. Look, I'm pleased because today's data, which
(35:43):
is the second quarter in a row that we've had
inflation back and target ban means that there's room for
the Reserve Bank to keep reducing interest rates, and that
flows through the mortgageholders, that flows through to our real economy.
That's where growth and recovery comes from.
Speaker 2 (35:56):
Now, think about non tradable inflation on what they call
domestic inflation, is that there's many different leavers that you
can use to control it, and one of them is
regulatory and that is completely the ball is completely in
your court. So what would be your message to councils
to keep putting rates up and contributing to our interest rates?
Can you can? You can you cap their weight?
Speaker 14 (36:15):
My message would be that my message would be the
same as the prime ministers, which is if you care
about your rate payers, then do everything you can control
your costs because when you go and do your nice
to have projects and add all of these extra costs,
it's rate payers for paying and they can't really afford
to in many cases right now. So it's time for
discipline and restraint in local government. And yes we've now
(36:40):
that a new local government mister Simon Watts. He will
carry on the great work that Simeon Brown has been progressing.
Where we are looking at this concept putting some limits
on the level of rent the rate increases that councils
can do because in too many cases they have been
pretty out of control.
Speaker 2 (36:56):
Okay, so that's a rates cap and can you do
it this year and can it take effect this year?
Speaker 14 (37:00):
Well, as I say, there's a new minister with his
feet under the desk, but I've seen him today. The
message he is getting loud and clear from New Zealanders
is help me with my rapes fill and I know
that top of mind for him.
Speaker 2 (37:11):
Rents up four point two percent again, how can you
get those rent costs down?
Speaker 3 (37:16):
Yeah?
Speaker 14 (37:16):
Well, those rent costs have been increasing dramatically in recent years,
and we want to see that moderating. That's why we're
making it so much easier to build houses, because we
basically need a situation where landlords are competing for tenants
rather than the other way around. So that fast tracked
legislation which we've put through that includes more than forty
new housing developments up to fifty five thousand more homes.
(37:40):
New Zealand's basic problems we don't have enough houses for
the number of people who need to be housed. Only
when we really solved that underlying issue where we get
affordable rents. I want affordable rents. It's a major cost
for many families, for many young people, and we don't
want to see the great rent increases continuing into the future.
Speaker 2 (38:00):
Now, of course you've been in retreat and you've been
talking about growth, and a strategy is to get growth,
and it's needed now, not in five years or ten
or fifteen years time. We need to start going now.
And there's been some talk about changing visa processes, meaning
that Chinese princes don't have to apply for a visa,
as Simon Bridges reckons. That would be an instant boost
for the economy. For of a billion dollars. So are
(38:21):
you thinking about making China visa free for visitors? And
could we expect that maybe even tomorrow when the State
of the Nation's speech comes out.
Speaker 14 (38:30):
You can't expect that one to be announced tomorrow. But
I'm on the same page that one of the immediate
things we can do is get more tourists into New Zealand.
When tourists come here, they spend money in our local businesses,
they spend money with our local hospitality providers, our restaurants
and our bars. It's good for the economy, it's good
for jobs, it's good for all of us. So I
do want to see us increasing those numbers. The tourism
(38:51):
numbers increased in December and January, up to five year high.
I've talked to Louis Upston today, the new Minister for Tourism.
I've seen the leaps look pretty quick at the FSER
idea because if we can bring more Chinese tourists here
and they spend more money at local shops, that is
good for New Zealanders. So let's put that high on
the agenda, and it certainly is high on your agenda.
Speaker 2 (39:11):
Well, we're all waiting with bated breath to see some
of your growth strategies and we look forward to it
and I thank you so much for your time today.
That is Nicola willis the Finance Minister. It is thir
teen minutes after five Andrew Diggers and keeping of course
with inflation, it is the big story of the day.
And how's it going to affect the Reserve Bank who
are making a decision about our interest rates in February.
So we've got all the four big banks cutting their
(39:32):
mortgage interest rates over the last few days, so there's
a signal there. There is a question as to just
how low the official cash rate will come in in
light of these stats and in light of the fears
that inflation might re emerge a bit over the course
of the year. So Gareth Kanan is Infametrics Principal forecaster
and joins me. Now, hello Gareth Andrew. So everyone's expecting
(39:54):
a fifty point drop in the OCR. Where do you
see the OCR going now that the inflation figures have
actually come in.
Speaker 15 (40:00):
Yeah, we're still sitting with a fifty point drop in
next month's meeting at this stage. I mean, look, the
markets over the last month or so have been looking
internationally at some of the trends that have been going on,
looking at the New Zealand dollar, which is down six
percent over the last three months, and going oh, okay,
there's just some inflationary risks out there that perhaps we're
not seeing when the Reserve Bank last published their forecasts,
(40:21):
but taking today's darted look, their non tradable inflation is
still coming down. There's risks on the trade all side,
but I don't think there's enough there to sway the
Reserve Bank towards going with a smaller twenty five point cut.
Speaker 2 (40:31):
Okay, And I think the rest of the banks must
agree because they've preemptively started dropping their interest rates. What
do you think has the drop in mortgage interest rates
in our banks?
Speaker 15 (40:41):
Yeah, we've seen some of the shorter term wholesale rates
drifting down, basically following the GDP numbers late last year,
which recourse showed we're in quite a significant recession at
that point in time. We've seen over the last possibly
eight to ten days, that some of those wholesale rates
have actually been drifting a little bit back up again.
So it almost looks to me like the bank's been
away on holiday. They've come back and seen their funding
(41:02):
costs have come down and mostly held down, and they've
reacted to that. Financial markets have priced in a fifty
point cut next month, So there is an element of
passing that on to borrowers as well.
Speaker 2 (41:14):
And you've done some research and you found that people
who consistently fix for one year get the best deals.
Speaker 3 (41:20):
Is that correct.
Speaker 15 (41:22):
Over the longer term year? Certainly when you look through
following the global financial crisis right through until COVID struck us,
the one year rate was pretty consistently the cheapest one
out there if that was what you were consistently doing,
and you know, fixing for longer terms in general was
not going to be as good a bet. Of course,
we know that if you fix for five years back
in twenty twenty one, when the rates were three percent,
(41:44):
you'd be arguing with me. And you know that was
one of these sort of anomalies or unusual situations. But
when we're looking forward again from here, we are expecting
in general the one year rate to be the most attractive,
almost financially beneficial guys.
Speaker 2 (41:56):
Kevivian Formentris, can I ask your question, can you fit
a wayer bleed? I can?
Speaker 3 (42:01):
For the wife and blade a.
Speaker 15 (42:02):
She did it for the first time a couple of
months ago forty eight. Finally finally manage to have the
opportunity to do it.
Speaker 2 (42:08):
Good And can you hang a picture frame? I can
do that too, you good man. Apparently gen Z can't.
So we're talking about this in a few moments time.
And I thank you so much for your time today.
Speaker 15 (42:16):
Gareth, excellent, Thanks for uchchandri.
Speaker 2 (42:19):
Sixteen after five Joy rights Andrew. My bloody rates when
up nineteen percent. Every time you get your rates that
contributes to inflation. You can talk about inflation as much
as you like. You can talk about the government spending,
et cetera, et cetera. You can do all the different factors.
But every time you get something that goes up, this
is the non tradable inflation. The rates, the rents, the
(42:40):
insurance premiums, the supermarket prices, et cetera. Every time you
get something like that, you are getting hit. So Joy
luckily is retired in her own home. She's on her own,
but she's saying it's tough. Inflation is still here. Love
your show, Thank you, Joy, Love you too. Pete wolf
Camp is my special guest in a moment news talks.
Now you may realize that Golas Garman has been spoken
(43:04):
to by police after a complaint that there was some
shoplifting a pack and say, but the thing is Pack
and Save never made the complaint. And the question is
how did the police know about it? Well, there's a
database and you may not know about it, but we're
going to introduce you to that just after the five
thirty news. But right now, almost a quarter of gen
Z adults would rather pay a professional to change a
light bulb than do it themselves because they're worried that
(43:26):
the light bulb is too hot. Actually data and this
is out of the United Kingdom, so that maybe they're
the softies. Records the gen z Is can fork out
up to two thousand, eight hundred New Zealand dollars a
year for professionals to do their household tasks because they
just don't do it and resident build it. And host
of our show on Sunday's Pete wolf Camp joints you, now,
how are Pete crazy hyphane ys here? This is pretty amazing,
(43:50):
is it true? Can gen Z do nothing?
Speaker 3 (43:53):
Well?
Speaker 16 (43:53):
I saw this the article as well, and I saw
something else the other only forty of them cook forty
percent could identify what.
Speaker 7 (44:02):
A screwdriver looks like.
Speaker 16 (44:03):
So we're off to a flying start there. Hey, look,
part of me goes, you know what, as a professional,
and like all of my colleagues looking for work, will
take your money, right, So if you want to pay
us to do it, that's awesome. But at the same time,
we do want to encourage a little bit of self reliance.
So things like in this article, unblocking a sink, I'm
(44:23):
not so sure about the refreshing tile group heving go
up fixing ely sure, a little bit of repair to
a wall before painting. I laughed my head off it
with a suggestion that you should loosen a sticking door
by rubbing it down with sandpaper, you'll be there for days.
Rewiring a plug, I think stay away from that, to
be fair.
Speaker 2 (44:43):
True true your question, Peter, did you install your Did
you install your own internet because you're dropping out every
now and a little bit every now and then, or
did you get a professional to do it?
Speaker 5 (44:53):
No?
Speaker 16 (44:53):
No, no, Actually, you know what, I actually kind of
did do it myself.
Speaker 3 (44:57):
That's a lot.
Speaker 2 (44:58):
Oh and there he's gone. That's briefly again, the screwdriver thing.
You're quite right. Thirty percent of those too, they could
not even identify as screwdriver, which means probably they couldn't
even identify as screw And what I thought when I
read that is that the first time I had a
screwdriver is when my dad gave me one. First time
I had a screwdrivers and Dad said, screw this in, boy,
and it was great fun, say with a hammer. Yes,
(45:20):
But also when I was at intermediate school, we did
manual training. Does that exist anymore? It doesn't does it.
Speaker 3 (45:30):
Across the board.
Speaker 16 (45:30):
So again, probably you and I are a similar vintage.
So when I went to school, there was you know,
woodwork classes, middle work classes, that sort of thing, and
everybody did it. It wasn't an elected subject as such.
And you're right, if you go to people's houses these days,
you might not find that there is the variety of
tools that there might have been in the garage that
you know, I grew up and let's say all our
(45:53):
family did. And then I had another thing today too.
I went out and did or I had to mount
a bracket onto a block wall, and I used to
rotary hammer, drill and a vacuum and a socket set
and some drill bits and a jack and a corking done,
and some timber and a sledgehammer. And I thought, okay,
if you don't have those things, how are you going
(46:13):
to do those jobs? True, so less people with tools,
and possibly that's driving it as well.
Speaker 2 (46:19):
All right. Pete wolf Camp of course is on Sunday
morning doing the Breakfast Show. What a great show it
is as well. And if anybody can go and fix
his internet, because he put it in himself, that would
be really good and then he won't fall out every
now and then. But I thank you for your time.
It is five twenty two. It's news talks here. But
by the way, my kids, when they left home, I
went out and got them one of those little bags
that had a drill and also had all the screw
(46:41):
driving sets you might ever want, the drill sets, you want,
a level, a box cutter, all those sorts of things.
Because I said, boys, you're on your.
Speaker 1 (46:51):
Own on the iHeart app and in your car on
your drive home it's Andrew Dickens on hither dupericy Alum
drive with one new Land.
Speaker 3 (47:00):
Let's get connected news talks.
Speaker 2 (47:02):
They'd be Yeah, it's five twenty five. You know, we
go on about teaching civics at school. You know, we
go on about teaching kids how to drive because you
need a driver's license to get jobs at school. But
when I went to school, when I was eleven and twelve,
and when I was an intermediate, we did manual training,
and we did woodwork, and we did metal work, and
we also did cooking and sewing. At the age of eleven,
(47:23):
I was part of a class that was cooking a
bomb Alaska and it was a disaster, but I learned.
We also learned how to do an omelet. Now I
don't know does manual training still exist, is it compulsory?
And if not, why not? And is it a good idea?
You can text me ninety two ninety two. And while
we're talking about education, there's been consternation at the past
levels of our last NCA exams. So the latest ones,
(47:47):
the results from last year show are twelve percent decline
and level one pass rates. And Erica Stanford gave a
couple of explanations. Schools have ditched Level one NCA. Those
schools are normally higher deessile schools than those kids. Those
schools normally did well in NCAA level one and brought
the average up. They had better results. And she also
recomed that the new compulsory numeracy and literary requirements made
(48:08):
things a little harder. But that's a good thing. But
what was little reported word than Maori figures and their
figures are worrying. Oh no, they're just They're just reading,
aren't they. Fifty seven point seven percent of Maori participants
pass reading compared to seventy eight point eight percent of Europeans.
Fifty five point one of Maori past writing compared to
seventy four percent of non Maori, and thirty eight point
(48:31):
one percent of Maori passed numeracy thirty eight point one
versus sixty three percent of European And the question I
have is what do you think we should do about it?
The Treaty principals debate has shown that many people don't
believe you should do anything different for a kid if
that difference is based on race. But I don't think
Mari are not achieving just because of their race. It's
because many live in lower deescile school areas. It's because
(48:53):
their parents didn't do very well at education, and their parents'
parents didn't and they don't get the jobs because they
got a poor education and that denies them access to
the better jobs, and therefore we end out in a
vicious circle and nothing changes. So do you have any
suggestion of what Erica Stamford could do without appearing to
give Maury an inequitable privilege which would upset David Seymour,
(49:15):
because I'm sure Erica Stamford would gradly accept them. Because
it's a thing coming up to five thirty the latest
of news in Sport, and then we're talking to the
guy who's got the database that watches you while you're
retail spending that the police use to file a complaint
against Gold's government. Maybe you didn't know about the system.
(49:35):
You will soon.
Speaker 1 (49:38):
Getting the facts discarding the fluff. Is Andrew Dickens on
Hither Duels Alan Drive with One New Zealand let's get
connected news talks.
Speaker 3 (49:47):
That'd be we.
Speaker 17 (49:50):
Belong yelling cool duty.
Speaker 3 (49:57):
Weather.
Speaker 2 (50:00):
It feels like a Friday, but it's a Wednesday. But
that's back to work for you, and I'm so glad
you chose the program. My name is Andrew Dickinson for
Heather T. C Allen and the time right now is
twenty four minutes to six. So is there still manual
training against school? And thank you to the text it
says yes there is. It's called tech these days, cooking, sewing,
woodwork and design. My son made a radio, my daughter
(50:26):
a wooden lap table, and a neck pillow for travel.
My eleven year old boy just baked some chocolate chip
biscuits with no adult import This is because I was
at work and he was in care of his older brother.
He used the oven and the cake mixer at home.
He followed the recipe and he tied it up, and
so when I got home, I had a very tasty biscuit.
So they do use the manuals. So what's the story
(50:47):
about gen Z actually always hiring a pro to do it?
I don't know, but that you know what, that's possibly
the most uplifting thing I've heard in news this entire
week twenty three to six, Andrew time to talk about
a thing called Aura.
Speaker 7 (51:01):
Now.
Speaker 2 (51:02):
Aura is a surveillance network that retailers use and can
submit footage of shoplifting incidents to the police. So when
former Green MP god Is government was spoken to by
Pack and Save Security last year for suspected joplifting, pack
and Save did not talk to the police, They did
not make a complaint to the police, but they did
(51:22):
record the incident on the system called AURA. Police have
access to ORA apparently, and they have confirmed that how
they found out about this latest incident with Gold's garment.
So Phil Thompson is the CEO of AURA and he
joins me right now. Hello, welcome to the program.
Speaker 8 (51:40):
Phil.
Speaker 2 (51:41):
Thanks and did you name that after Harry Potter?
Speaker 18 (51:46):
No, old Latin words for light, So keeping everyone safe?
Speaker 12 (51:50):
Right?
Speaker 2 (51:50):
So JK. Rowling stole it from Latin. You've stole it
also from Latin, and that is good. So what do
you guys actually do with this system?
Speaker 18 (51:59):
Yeah, I'm really useful to understand and mischaracterized as surveillance,
but quite simply, we're our crime reporting platform. So retailers
are capturing information on crimes and attempted crimes that happen
in their stores and making that visible to their own
head office and also to police. So it's a good
chance for retailers to work closer with police run retail crime,
(52:22):
because I think it's probably not as widely understood the
problem itself, but across the country we've got a serious
retail crime problem. You know, there's more than two million
dollars every day being stolen. We're all paying more for
our goods because of that. And actually there's a lot
of violence associated with that crime as well. So of
all those retail crimes include some sort of threats of
violence to people.
Speaker 2 (52:43):
I'd hate to say this, mate, that doesn't surprise anybody
we know about this. So here's the question. How much
access do police have and can they look at everything
or any camera anytime any shop in New Zealand that
is using Aura.
Speaker 18 (52:57):
No, they can't, So I think you know we are cameras,
we're not a surveillance system. Quite simply, retailers choose to
make the crimes that they witness in their stores visible
to police, and then it's up to police to determine
how they use it information to investigate further and solve
more crime. So it's a way for retail to provide information,
including evidence like video, to police more efficiently. It's we're
(53:20):
just modernizing what's always happened, but rather than paper files
and USB sticks, we're making it digital much faster for
both sides.
Speaker 2 (53:27):
And I know you don't want to talk about this
case that we have at the moment because it's in
process and all that sort of thing. But after what
you just said, how come pack and safe to to
make a complaint. But the police actually saw what happened.
Speaker 18 (53:38):
So retailers generally provide visibility to crime events for the police,
and they often choose which ones they want to report
officially for further follow up. And often it comes down
to things like if it's a non repeat offender or
if it is someone who's high value. But often it's
almost like when you call Triple five right for dangerous
(53:59):
driving that you see on the road yourself. You're not
making an official, complete please complaint, but you're providing them
with information of what you're seeing. It's how we keep
our community safe, and I think police having information around
crimes that occur in our community is a good thing
that that helps all of us rather than being seen
as a sinister thing.
Speaker 2 (54:15):
I get that, and I see now how they were
notified about where to look on the tape to find out,
by the way, is there tape or no, of course
it's not a memory stick or something.
Speaker 18 (54:23):
Well, no, it's purely I mean the retailers now upload
their own evidence, so video footage, witness statements into the cloud,
and it makes it easier for police to download that
footage and then use it if they need to.
Speaker 2 (54:33):
Are their text and balances in place to prevent the
footage from being missus.
Speaker 18 (54:38):
Yes, there are so. Retailers and police have their own
policies around what information has uploaded, how it's used. And
also we've built a lot of safeguards and privacies by
design into the platform itself, so it's a restricted access
and use of the platform and only certain things like
crimes and tymper crimes are visible to police within that platform.
Speaker 2 (54:58):
And is the footage ever deleted? How long does it
sit there?
Speaker 18 (55:02):
Yeah, retailers will keep information for as long as their
lawful purpose for doing so, and that is deleted when
it's no longer needed.
Speaker 2 (55:10):
Very good. So how many retailers have signed up?
Speaker 18 (55:15):
We work with probably most major retailers across New Zealand
and we're actually operating in Australia, the US and the
UK as well. And when a retail crime is a
massive problem right across the world, and like I said earlier,
you know, we as the consumer end up paying more
for our goods because of it, and also our frontline
workers are the targets of this violence and threats in store.
Speaker 2 (55:38):
It's very good. So if you if you've gotten the
Furious Purpose, be warned you are being watched. Phil Thompson
from Aura, thank you so much for your time today.
It is now twenty three to six.
Speaker 1 (55:49):
The Huddle with New Zealand Southerbe's international Realty, local and
global exposure like no other.
Speaker 2 (55:56):
And on the Huddle today, Jack Tavin, Tim Wilson, gentlemen.
Speaker 3 (55:59):
Hello, goodieving.
Speaker 6 (56:02):
I didn't do my own internet, so I hope you
can hear me.
Speaker 2 (56:06):
Jack.
Speaker 7 (56:06):
Are you there?
Speaker 2 (56:08):
Jack is muted?
Speaker 6 (56:10):
Oh no, you know what he's done his own Internet,
just like Peter wolf Camp.
Speaker 2 (56:16):
Okay, it's the DIY plague. Okay, Jack, you have to
take yourself off mute. Mate, Good luck. Now, gosh, this
is like teens meetings gone terribly wrong.
Speaker 7 (56:26):
How am I the millennial the one struggling with it?
Speaker 12 (56:30):
How it's better to leave oneself on mute than to
leave oneself on speaker?
Speaker 7 (56:35):
Well, inadvertently, she thought someone's colleagues.
Speaker 2 (56:39):
When it is very good, then we'll talking about the
DIY later. I was so tempting to talk about it
right now and to make fun of Jack, but we won't.
But here's the thing. We just talked to Aura, we
talked to Phil Thompson and the surveillance that is happening
with people in retail shops. Some people freak out about
that sort of thing a little bit. Are you, Tim
Wilson concerned?
Speaker 6 (57:00):
No, No, it seems like sort of speed cameras for shoplifters,
if you want to put it that way, and please
get to see see evidence of people nicking stuff. I
don't see that there's a problem here, you know. I'm
not even not even sure why we're saying, oh, there
is a problem. I think a good discussion, good interview
you had with Phil Thompson about you know, the constraints
around the privacies, obviously an issue as we're moving towards
(57:22):
you know, greatest surveillance. But I think what we're doing
here is connecting actions to consequences, which is a good thing.
If there are fewer consequences to actions than our actions degrade.
Speaker 2 (57:32):
What do you think, Jack, And by the way, I've
got a text from a fellow who said, oh boy,
I hate the idea of face recognition everywhere. I still
wear an M ninety five mask outside all over the
place because of that. You know so that there are
according to Ron.
Speaker 12 (57:47):
Masks right about licens sure not to Yeah, okay, okay,
each to their own. Look, I have absolutely no problem
with the system. Obviously, retail crime is a major issue.
Having having cameras operating in these big retail space is
just part of life in the twenty first century. And
because this comes as any great surprise and you've had
your hid in the sands, as far as I'm concerned,
I think there are probably legitimate questions and appropriate scrutiny
(58:10):
that needs to come with those who are accessing the information.
Speaker 7 (58:13):
And you know, in some instances, if they are a
police who are deciding to.
Speaker 12 (58:20):
Pursue investigations when a complaint hasn't been made, that sort
of sort of thing sounds like it might be putting
things the wrong way around. But yeah, by and large,
I have absolutely no problem with it. And I think,
you know, if this is the sort of thing that
can help police get better data on where we're seeing
surges and retail crime and where responses to retail crime
is more effective than other neighborhoods, then that's great.
Speaker 2 (58:41):
Very good. Thank you so much, so good that you
are a mutant. Will talk more in just a few
moments time with Tim Wilson and Jack Tame, we're going
to talk infation. We're going to talk about the you know,
worry the.
Speaker 1 (58:51):
Huddle with New Zealand Soerby's International Realty Elevate the Marketing
of your Home.
Speaker 2 (58:56):
It is thirteen to eight Tomiston and Jack Tamer on
the Huddle, the Big the Day. Of course, the inflation
has stayed stuck. It's at two point two percent, but
once again non treadable inflation on what they call domestic
inflation remains high, and that's insurance premiums and rents and
council rates, and they're still rising at a much much
higher rate and always have than average inflation. So gentlemen,
(59:18):
and I'll start with you, Jack Taym, what do you
make of the inflation figures? And you know, are we
really fixing ourselves up or are we still stuck at
a spiral?
Speaker 7 (59:26):
No, it's frustrating. I mean, they're not wildly higher than what.
Speaker 12 (59:30):
Most analysts we're picking, but obviously you always want inflation
to be on the lower side if you're hoping the
mortgage rates can be coming down a little bit faster.
I mean, it's really interesting though, looking at those parts
that are proving stickier than others, right, insurance premiums, like
you say, local council rates.
Speaker 7 (59:47):
I mean, these things are only going to get worse.
Speaker 12 (59:50):
And you know, part of that as a result of
not having properly invested in some of our vital infrastructure
over the decades. You know, there's a reason that councils
are trying to play catch up when it comes to
water infrastructure at the moment, they're obviously new regulations they've
got to meet when they're providing the three Waters attor
New Zealanders going forward, that's going to be pretty expensive.
Speaker 7 (01:00:10):
And insurance, I mean, I hate.
Speaker 12 (01:00:12):
To break it to you, but we're obviously moving into
a world where we're going to see more and more
extreme weather events, which means that actually insurance premiums are
only going to be headed in one direction. And when
it comes to inflation data, there are only really two
ways to look at this. Either we just have to
accept this is going to be a part of inflation
data going forward, which seems like the likeliest, or there
is an argument that you could strip it out of
(01:00:33):
the inflation measures when it comes to something like the
CPI so that you can have a CPR that doesn't
actually take into account some of those some of those measures,
and maybe gives us a lower rate, but I mean
at the end of the day, it's still costing us.
Speaker 2 (01:00:45):
Yeah, why would you do that, because that's just ignoring reality.
You know, this is all inflation in one way or another.
Speaker 6 (01:00:51):
Tim Yeah, I guess it's I mean, I think it's
interesting and interesting diagnostic, but it's sort of like, you know,
you're agreeable in inflation, you disagree inflation if you stripped
it out. Look, I think there's ways that you can
respond to this stuff, you know, on a personal level,
like insurance. Our car insurance went up by twenty five
(01:01:11):
percent last year. We just went we found someone else
to do it. So there are you know, there are measures.
Look at the inflation in Argentina, for example, in twenty
twenty three, it was two hundred and twenty four percent.
They got it down over the next thirteen months. This
this month that's one hundred and seventeen percent, which was
(01:01:31):
pretty significant. It's just very simple, don't borrow, don't spend
what you don't have, and increased productivity. That latter part
that productivity, that's a big question for our country going forward.
Speaker 2 (01:01:41):
Absolutely, absolutely, But you've got to remember there's a political
thing in this as well, because at the end of
the year, the Prime Minister and the Finance minister, we're
pooping and haurrahing that look at this, we've actually tamed inflation.
And then today you get it out and the economists
are saying, well, look the dollars going down and the
oil's going up, and there's a whole lot of overseas
factors and yeah, inflation might accelerate. So it comes to
(01:02:03):
whether their credibility exists in terms of economic management and
that they've said it's gone when it hasn't gone.
Speaker 3 (01:02:10):
Jack.
Speaker 7 (01:02:11):
Yeah.
Speaker 12 (01:02:11):
I mean when it comes to the central government, that
there are only so many levers any one government can pull,
and I mean I think I think you'd have to
say that this government.
Speaker 7 (01:02:19):
Has pulled a lot of the leavers that are available
to it.
Speaker 12 (01:02:23):
I mean, whether or not the tax cuts for inflationy
or not maybe a point of contention for some people,
but I mean they've certainly stripped back a lot of
public spending to where we were previously, which you would
would have a de inflation of effect.
Speaker 6 (01:02:36):
Yeah, although they are a bit austerity a verse, aren't they.
I mean, to be fair, they've said austerity is not
going to work and maybe maybe they need to incline
more and growth.
Speaker 12 (01:02:46):
If growth is the goal, then the austerity perhaps it
isn't isn't likely to work.
Speaker 7 (01:02:50):
But at the end of the day, New Zealand is
at the end of the road like we are.
Speaker 12 (01:02:54):
Just we are very much in the in the back
seat of the bus in terms of global affairs. So
you know, when you go over a bump, we get
thrown the just a little bit higher than everyone else,
which means you are susceptible to things like energy prices and.
Speaker 7 (01:03:07):
To be fair, you know, and new administrations who are
looking at tariffs.
Speaker 2 (01:03:11):
To be fair toom Wilson as well. If we've had
austerity light it's fair to say the the electorate hasn't
like even that. So if we actually went full ofcerity,
that's not good. If you actually lose all terms.
Speaker 12 (01:03:23):
Argentina example, go and look at the coverty rates in
Argentina over the last couple of years. True, inflation is
massively down computer to where it was, but I think
you'll find that unemployment is massively up.
Speaker 3 (01:03:35):
I was trying to cheer us up.
Speaker 6 (01:03:36):
At least we don't have one hundred and sev inflation, so.
Speaker 2 (01:03:40):
No, that's true's true. And also we don't have a
dead to equity ratio of two hundred and sixty three
percent late Japan.
Speaker 3 (01:03:47):
So there we go.
Speaker 2 (01:03:48):
There's a there's a good pick me up. Let's talk
about let's talk about DIY, Jack. I know you don't
know how to use a mute button, but i'd expect
you to be quite good at DIY since you're you're
a keen tramper, you're always tramping.
Speaker 7 (01:04:00):
Of the many things that I suck at, there are
a few.
Speaker 12 (01:04:02):
Maybe painting is the only thing that I'm worse at
than d Y or anything sort of artsy and crafty.
That being said, Andrew, if you go into your email
right now, you'll be pleased to know that I've been
spending my afternoon off hanging a.
Speaker 7 (01:04:16):
Couple of oak floating shelves.
Speaker 12 (01:04:18):
And the thing about your oak shelf is it's a
little bit heavier than others and so when you're hanging
it in plaster board, you need to use those plaster
board anchors, which can be very fidly. And I think
if you will go into your email, you have a
look at that photo and you should be able to
teach those.
Speaker 7 (01:04:31):
Are at least they look jemlatively.
Speaker 3 (01:04:36):
Even Jacks just started speaking a foreign language.
Speaker 8 (01:04:39):
Can you translate for me?
Speaker 2 (01:04:40):
Well, he's using the hooks in the plastic board. But
he could have actually looked for some joys so he
actually got a more concrete fixture. But he hasn't. He's
using tech man.
Speaker 12 (01:04:50):
No, I've got an old house of the joyster, the
wrong the wrong height, So why I mean, you can
judge it my wife.
Speaker 7 (01:04:57):
My wife's opinion is the one that's probably gonna matter.
Speaker 12 (01:05:00):
We have to call it again tomorrow and say we've
had to go for the higher Harvey.
Speaker 2 (01:05:03):
You know, well, now we can all sit there and
say we are the older generation and what's wrong with
the younger generation, which every older generation has always said
about the younger generation? And Jack and Tim, I thank
you for your time today.
Speaker 3 (01:05:14):
It is now six to six, Red or blue, Trump
or Harris?
Speaker 1 (01:05:20):
Who will win the battleground states? The latest on the
US election. It's Heather Duplicy Alan drive with one New
Zealand let's get connected.
Speaker 3 (01:05:28):
Use talks it be.
Speaker 2 (01:05:32):
News talks h B. It is four to six it
is fair to say it's been a pretty heavy day
at work today. My company entered me has had to
make some changes because of on account of the economy,
to quote Bruce Springsteen, and there's a lot of people
out there in the newsroom who don't know what's going
to happen next. This is some restructuring happening. So it's
quite funny. I'm going to tell you the observation I
(01:05:53):
saw when we posted the story on The Herald and
also our news talks it be many of the Facebook
comments were like, well, serves you right, your left wing media,
legacy media, you know, serves you right, Go work, go broke.
When the same story got posted on radio in New
Zealand's funny enough, all the Facebook comments said, well, it
serves you right, your right wing sills, your right wing sills,
because the thought of us being biased to whatever has
(01:06:16):
nothing to do with the problems that are affecting the
media industry, not just in New Zealand but right around
the world. So let's talk about this next with a
guy who's running some media that has also been affected.
And some of you might say, well, he's just a
because left and he deserves it, But it's done, congreved
from the split off. But he's a keen observer of
everything that's happening with media and we will talk about
(01:06:37):
that in a few moments time. If you're willing to
have an open.
Speaker 1 (01:06:40):
Mind keeping track of where the money is flowing. The
(01:07:10):
Business Hour with HEREW Dickins News.
Speaker 3 (01:07:13):
Talks v.
Speaker 2 (01:07:16):
Yes, good evening to you at A seven minutes out
to six on the twenty second of January. Thank you
for coming back to the program. My name is Andrew Dickinson.
For Heather to proceed, Allen and Ryan Bridge will be
replacing Heather on the Drivetime Show while she takes maternity leave.
And she's had a girl, Mackay, and people are still
texting wishing her and Barry all the very best, and
(01:07:36):
of course you would. So it's a heavy old day
at this company. Almost forty rolls are set to be
cut at The Herald's business desk and Newstalks heab Now
all these three brands are owned by New Zealand Media
and Entertainment commonly known as enz MEEE. We are restructuring
our newsroom operation. The editor of The Herald has said
(01:07:59):
in the press that the annual print advertising has fallen
by ten million dollars between twenty twenty two and twenty
twenty four. Digital advertising was also down the same period,
but not to the same extent. But when you don't
have ten million dollars worth of income, you can't employ
all the people you used to be able to employ.
We asked Murray if you'd talk with us. He would not.
We also asked anybody from nz ME to talk with us.
(01:08:21):
They would not. So today we're going to talk to
Duncan Grieve, who has been with the spinoff and I
had the spinoff. He hosts the Fold Media bug Gass.
Hello Duncan, Total Andrew. So it finally hit nz ME
because it's already hit TV and Z news Hub and
basically the rest of the industry, including you.
Speaker 19 (01:08:42):
Yeah, that's correct. I mean it's not like this is
the first time in zed may spin hurt, but it's
probably the hardest that's been hurt.
Speaker 2 (01:08:50):
So some people say it's because of politics, but of
course we kind of know if you're in the industry,
that's just bolded at. I actually had a cup of
coffee with Murray Kirkness over and in AKFA and he
seid what people don't understand is that this is an
industry wide problem. It's an industry wide problem in New Zealand,
and in fact it's an industry wide problem right around
the world.
Speaker 19 (01:09:11):
Is he right, Yeah, he's absolutely right. Like if you
if you paid too much attention to the media, as
I have the misfortune of doing this. This is a
weekly you know, all over all over the world you
see like massive job cuts, but you also see you know,
(01:09:32):
as we did last year with news have you see
brands just disappearing completely? So you know, in New Zealand,
unlike a lot of the other sort of anglosphere countries,
you know, it's its economy is going backwards. They're you know,
the media and other countries is going backwards even though
their economies are going forward. So in some you know
(01:09:53):
o bleak respects, it's surprising to me that there's not more,
you know, more and deeper cuts. And you know, it
wouldn't shock me if this was just setting off another
year of that, and and it might not be anything
like the biggest we're going to see.
Speaker 2 (01:10:12):
Is it because the public have lost trust in the media.
Speaker 19 (01:10:17):
I don't I wouldn't want to completely discount that, but
I think that it's the public has never completely trusted
the media, Let's be honest. And you know, as pains
to say that, what matters less is whether you trust
the media as a whole as an institution. It metters
whether you trust the media you consume just the same
as you know, you might not trust one lot of politicians,
(01:10:39):
but as long as you trust your local electorate MP,
you're okay. I think the much bigger problem is that
we've got it. We've just got a sort of a
structural issue with the sort of financial underpinnings of the media.
It was previously wholly and relatively well funded by advertising.
Now it's increased and the audiences which have to pay,
(01:11:02):
and it's just taking a while for people to realize that.
And the longer it takes, the smaller it gets.
Speaker 2 (01:11:07):
And that means we don't have journalists. And the question
will be, because there has been just the most remarkable year,
do we have enough journalists left in the country to
properly report the news? Because you know, these social citizen
journalists who are on social media, they believe they can
report the news, but many of them are actually finding
the news from a real journalist who works in legacy
media and then forwarding their spin on it.
Speaker 19 (01:11:29):
Yeah, I think, I mean that's a perfect encapsulation of it.
I think that when people say they get their news
from TikTok or Facebook or Instagram, most commonly what they're
talking about is someone who will recap particular elements of
the news, whether it's in a vertical video or a
two hundred and eighty character format. But those people aren't
(01:11:53):
almost never doing original reporting. They're just simply reading original
reporting from somewhere else and broadcasting it to their audience. So,
you know, your fundamental problem remains. You know, the work
of journalism is hard and expensive and not always popular,
but they're the mechanism to fund its production just just
(01:12:17):
isn't there anymore. And that's why you know that the
feed digital News Bargaining Bill has been such a contentious
issue lately. But the idea that social media can replace
what you know journalism as a does, as a as
a function for society and democracy, as fastical and doesn't
stand up to even the most basic Scrudinay, okay, so what.
Speaker 2 (01:12:39):
Have we got for a business model? Michael bogs Boggsy,
as we call our CEO, says, video is the fast
growing area where INSI me could grow its audience. Now,
to be fair, none of us know what he's talking about,
do you.
Speaker 19 (01:12:53):
I mean, I do to an extent that there's sort
of you knows. There's two key revenue trends for journalism,
right There's there's audiences, and there's advertisers. Advertisers and particularly
the media agencies that represent them, really love video advertising.
It's a close cousin to TV advertising, which used to
be you know, the biggest noise in media is from
(01:13:16):
a funding perspective, so everyone people still want to buy that.
So if you can create inventory, then plausibly you know
that that's a that's a great business. The thing is,
I think when someone goes to the Herald site or
goes to the news b site, they want to consume
a particular form. Maybe it's audio, maybe it's text. The
(01:13:38):
video is for the most part autoplays. It's a bit
of an annoyance where the Herald, I think, potentially have
a point and a play is on YouTube, which is
rapidly becoming the biggest thing in advertising anywhere. And Herald's
actually had some real success with putting video, whether it's
short documentaries or just News can use packages on there
(01:14:02):
and that has a fifty five to forty five revenue share.
Speaker 2 (01:14:04):
And yeah, okay, so there is a case there.
Speaker 19 (01:14:08):
It's not proven, but it's plausible.
Speaker 2 (01:14:10):
Absolutely, it's plausible. But at the same time, I know,
being in the industry, we were told the podcasts were
the futures, but we still haven't quite figured out how
to monetize podcasts. And if we could, because we do
such great podcasts, we wouldn't have the problems that we've
got at the moment. Anyway, Can I just ask you finally,
how are you going at the spin off? Because when
you hit these walls of advertising drying up, you went
(01:14:32):
to get more paying subscribers to that Bear Fruit.
Speaker 19 (01:14:36):
Yeah, well, we're sort of you know, as Shane reported
on last year, we hit a bit of a wall
in November of last year, and we wrote an open
letter which which kind of laid out to our audience
what was going on and what we needed them to do.
And we're by no means out of the woods, but
(01:14:58):
we've been really, really hort by their response. And I
do think there's something in saying to your audience, this
is how it has to be and letting them decide
ultimately the scale of your organization. So you know, if
you're listening to this and you enjoy the Herald, but
you're not a subscriber, I would strongly suggest that if
(01:15:18):
you want it to be around and you want it
to continue to provide the function that does for you
in your life, but you don't just look at the
free version that you that you pick up A paid's
up to.
Speaker 2 (01:15:27):
All right, and I think you for your time, don
can grieve. It is now six fifteen. This is news
Talks hereb.
Speaker 1 (01:15:33):
Analysis from the experts bringing you everything you need to
know on the US selection. It's the Business Hour with
Heather Duplicity, Allen and my Hr Ehr solution for busy
SMEs used talks, it'd be.
Speaker 2 (01:15:47):
New s talks, HEB, I've had a texture. This is well.
Come on, look how intmb entities reported on Elon must
salute this week. That's a clear example of why people
no longer trust the legacy media. And I have to
agree with this one because I made a complaint about
it because many places, including Murdo me here around the
place just did a thing. This is because we don't
have many journalists. We don't have we've got a lot
(01:16:07):
of kids and all that, and it said outrage at
Elon musk salute. My thought, oh boy, that's going to
go down a tree, isn't it. And it did and
people went, well, look at that, your left wingers. You know,
I saw another headline on a website that said raised
eyebrows at Elon musk Salute and it had the video.
And let you make your own mind up, because certainly
(01:16:29):
there were some raised eyebrowsers, like, did I just see
what I just saw? That was better than outrage? But
can I tell you that probably half the papers in
the world ran with outrage at Elon musk salute. So
you know, we make mistakes, right, but if you defund
(01:16:50):
us even more, we'll make even more mistakes. It is
six nineteen. The Orders to General has fed up with
government departments spending money without reporting on what they're spending achieves.
So what they have, the Order to General wants to
do is change the law to track what comes with
government policies and programs. So what's the story here? Tonay
tips Rainy is The Herald's Willington business editor and joins you, now,
(01:17:12):
hello today today, Andrew, what does the Order to General want.
Speaker 17 (01:17:16):
Well, I had a chat to the Order to General
the other day and he is really worried about the
fact at budget time governments allocate money to various initiatives.
You know, that catches the headlines, it's all over the news,
but then in the future we often don't know what
comes of that money. We don't actually know what has
been achieved. Now, an example he pointed to was the
(01:17:37):
Provincial Growth Fund. Our listeners might remember this one. It's
a New Zealand first initiative launched under the Labor led
government in twenty eighteen. That was three billion dollars allocated
to various projects in the regions, you know, aimed at
economic development, so on and so on. But do we
really know what's come of that three billion? Like we know,
you know which projects have been funded, but there has
(01:17:59):
been no sort of checking up on what's been achieved
and figuring out what it's actually done. So John Ryan,
the Order General, his seven year term is coming to
an end at the middle of this year, and it
seems like he's really sort of upping the ante, kind
of raising his concerns quite publicly to the media about
(01:18:20):
the quality and the level of reporting and accountability.
Speaker 2 (01:18:24):
And that is good because of course the new government
came in and said, we're going to look at all
this sort of stuff and we're going to go through
it line by line and we're going to forensically account
for everything. They haven't been doing it. And this is
what the Order to General is actually finally requiring from
government departments.
Speaker 4 (01:18:37):
Good on you.
Speaker 2 (01:18:38):
Does it require a law change?
Speaker 17 (01:18:40):
Yeah, so this is just his idea. I think what
the government is wanting to do is cut spending. He's
saying we need to know what the spending actually does.
He reckons A way to do this would be to
change the Public Finance Act. That's the law that sort
of oversees how the stuff is reported. I asked Nichola
Willis what she thinks, and she said she was in
too changes. Now, this issue might be investigated by the
(01:19:03):
Finance and Expenditure Committee. That's a parliamentary committee made up
of MPs. Nichola Willa said, you know, if that happens,
you'll take advice from the committee. Otherwise it's something that
she might have a look into herself.
Speaker 7 (01:19:17):
Yeah.
Speaker 17 (01:19:17):
Now, look, John Ryan says it's important that the public's
engaged in this because you know, for the sake of
trust and confidence in the public sector. The stuff is important.
Speaker 2 (01:19:26):
Do you reckon that? Brian Roach and John Ryan are
mates and they've been talking over the barbecue.
Speaker 17 (01:19:31):
Well, it certainly looks like it, so it's right.
Speaker 5 (01:19:35):
Yeah.
Speaker 17 (01:19:35):
Brian Roach is the Public Service Commissioner, and readers of
The Herald might remember that last week we did a
story he came out and talked to us as well
about the need for the public sector to be modernized
and better reporting and so on. So they are singing
off the same song.
Speaker 2 (01:19:50):
Sheet that's great today. I thank you so much for
your time today. And of course that story reported on
the Hell that more of the left wing dross that
we actually commit every day, because you know, we'll like that. Somebody,
if Tony Acy writes news is free. If it's not free,
it's not news. If inzi me don't do the news
for free, then someone now is will will they will will?
Speaker 13 (01:20:09):
They?
Speaker 2 (01:20:09):
Just will they will they? This is probably complaining about
the paywall. Okay, Now, I guess what water is a
human right? Is plumbing free? You know, maybe it should
be free so that we can get the water, so
that we can all live. Just to thought six twenty.
Speaker 1 (01:20:22):
Two, everything from SMEs to the big corporates. The Business
Hour with Andrew Dickens and My HR the HR Solution
for busy SMS on News Talk ZB.
Speaker 2 (01:20:34):
It's six twenty five. We're going to look at the
markets right now. We've got Jeremy Hatton from Milford Asset
Management with US.
Speaker 7 (01:20:39):
Hello, Jeremy, Hi, Andrew.
Speaker 2 (01:20:41):
Trump is back. The S and P was strangely unmoved over.
They must affected it. Then what about inz X?
Speaker 20 (01:20:49):
Yeah, Trump is back and there are a whole bunch
of potential impacts on insid X listed companies and the
New Zealand economy as a whole. I'll start with Fisher
and pluck Or Healthcare. So there our largest listed company
and they're exposed through two different limbs. So firstly, around
fifty percent of their medical devices are sold in the US,
(01:21:11):
so perhaps there will be some impact here on demand
if tariffs are put in place. But also Fisher and
Pikel has a substantial manufacturing base in Mexico. Around sixty
percent of their manufacturing product is based there, and Mexico
does seem to be in Trump's sites a lot more.
Now Fisher and Pikel does have manufacturing in New Zealand
(01:21:32):
as well, and of course that can be sent across
to the US, but that does depend a little bit
on the cost and the tariff differential between US in Mexico.
But perhaps at the very least you could see an
increase in freight cost for Fisher and pikeal healthcare and
perhaps a small profit hit as well.
Speaker 2 (01:21:49):
Okay, so no media impact, but watch the space it
could be coming. What about renewable energy and wind could
that be impacted?
Speaker 10 (01:21:58):
Yeah?
Speaker 20 (01:21:58):
Trump does have renewable inn energy and the subsidies for
those into sites in particular so Biden's Inflation and Reduction Act.
There has been a huge boom of on shure on
offshore wind developments and also some solar projects too in
the US. And we have a business also listed on
the Zidex Infratil and they have a portfolio company called
(01:22:19):
Long Road Energy and they are a large developer of
renewable energy in the US. So Long Road is about
fourteen percent of Infantool's value. So it will be impactful
and has been talked about in the market as having
a bit of Trump risk, But there are a few
comments encountered to this risk most of Long Road's development
(01:22:41):
pipeline is solar and batteries. Only six percent of the
pipeline is wind, and Trump does seem a lot more
fixated on wind and know the killing of the birds
from this wind and then finally a lot more sorry.
And a lot of these Long Road solar projects are
in red states, mainly Texas in Arizona, and so you
(01:23:01):
might get some pushback from fellow Republicans, particularly if it
starts to impact jobs in these states.
Speaker 2 (01:23:08):
Very good stuff. Jeremy Hardon from Milford Act Management, I
thank you so much for your time today, and the
time is now six twenty eight and I've got to
text through saying Andrew, rents are up four point five percent.
Went landlords given a tax break to try and curb
rent rises? Yeah it didn't work though. All right, still
to come Barbachawla from the Indian New Zealand Business Council
(01:23:32):
because they're still talking about FTA, and also Gavin Gray
from the UK. We mean business. This is New Storksbee today.
Speaker 3 (01:23:50):
Oh aren't you on?
Speaker 16 (01:23:51):
Need you olga.
Speaker 3 (01:23:55):
Need these beautiful things that are If it's to do
with money, it matters to you.
Speaker 1 (01:24:04):
The Business Hour with Andrew Dickens and my HR the
HR solution for busy SMS on US talks it be.
Speaker 5 (01:24:14):
Can make this?
Speaker 3 (01:24:15):
Can myself?
Speaker 2 (01:24:18):
You ourselb every week. Welcome back to the program. I'm Andrew.
It's twenty four minutes to seven. Pictory of the day.
Of course, inflation which is static, but our domestic in
place is still very high. The non tradable stuff, you know,
the rents, the rates, the insurance, and of course people
are pointing out that even though people who landlords who
(01:24:43):
rent out houses got a substantial three billion dollar tax
break from the incoming government a here ago, of course
they're still having to deal with the main inputs, which
are council rates, interest rates and insurance. So you can
see all the things that are contributing to high domestic
inflation which is still a zero point five percent, which
has Nicola worse. Tommy is down and that's good news,
(01:25:05):
but it's still high, isn't it. The important inflation is
way down in the low ones, so you know it's
here to stay. I'm afraid to say it is twenty
three minutes to seven, Dickens. So the hunt for the
mythical free trade agreement with India continues but here's some
(01:25:27):
good news. India has started to sound out some of
its largest businesses to hear what they think about that
potential free trade deal with US. The Indian government sent
an email to members of the Federation of Indian Chambers
of Commerce and Industry asking for feedback on the idea
of starting trade negotiations. So Badata Chala is the chair
(01:25:49):
of the Indian New Zealand Business Council and joins me, Now,
how about.
Speaker 5 (01:25:52):
It, Hi Andrew?
Speaker 2 (01:25:54):
How are you very good? This is good for New Zealand.
It is a sign at least in the government, the
Indian governments to ask businesses what can we do with
New Zealand.
Speaker 13 (01:26:03):
I think it's wonderful, wonderful news and it actually it
took time, but it's getting getting somehow I can get
better idea for everyone.
Speaker 2 (01:26:12):
Yes, you say it takes time, and we've been talking
about this for at least seven years, so this might
this might be the first step. But you know, are
we ahead? Do we have another seven years ahead of us?
Speaker 13 (01:26:24):
I think if you see government, the current government have
done a lot in last year by going to Indian
building that relationship between diplomats and the government. If I
take the six years before that were we're pretty much
not not well in terms of the travel and discussion
with the government.
Speaker 7 (01:26:44):
Is that correct?
Speaker 13 (01:26:45):
So I think that's that I'll discount that six years
and said that this year has been wonderful or last
year have been wonderful.
Speaker 2 (01:26:52):
Good, that's true. Now, if the private sector starts saying, yeah,
we're a little bit interested, that would make things happen faster,
wouldn't it.
Speaker 13 (01:27:00):
I think from an India perspective, private sector gets a
kind of a sale to do it. So it's again,
it will not happen immediately. I think I'm not saying
that it will happen tomorrow, but it's a direction which
we want to see and with coming months or years
you will see more improvements or more positives in the relationship.
Speaker 2 (01:27:20):
So look, what exactly would India want to import from
New Zealand? What could we sell them? What would they
want from us?
Speaker 13 (01:27:29):
I think a lot of time, if you see I
was in India two weeks ago, what they want is
more about how we can provide the technology transfers, or
we can provide about investments in India in terms of
manufacturing sector, or even improve the tourism sector or other
areas even against the primary industries are doing well towards
(01:27:50):
getting to the direction of positivity.
Speaker 2 (01:27:52):
Well, you say saying manufacturing and you're saying technology because
of because we always instantly think, you know, primary products
that make beef and milk and all the lamb and
all that sort of stuff. But you're you're saying that
the India would be more interested in how we make
the meat, the beef, the lamb and the milk, then
the milk and the and the beef.
Speaker 13 (01:28:14):
I'm not I'm not saying that we don't want that
within there, but like the Focus which has been working
on that. What else News and can give? So what
we are doing with India now and we can improve
on that. But if you see example of Racon which
have provided the transmitters for the chand Ryan three space program.
So there are a lot News and can offer. We
(01:28:35):
have a good startup ecosystem, we have good tech. Tech
companies are doing some work like road marking in India
software is done by a news and company. So there's
a lot happening. So we we we always called dairy
or meat or TV. They're already working hard to get there.
But we need to open more doors within the Also.
Speaker 2 (01:28:54):
Yes, I saw the photographs that India took of the
Moon because they said SA so they sped a spaceship
to the And yes, we have some very good rocket
engineers here and so we could help in many different ways.
What could we offer India to make the deal more
attractive because we already have pretty low tariffs internationally and
with India. So what have we got that we that
could make them go, oh great, we're in.
Speaker 13 (01:29:16):
See if you see all the deals of India are
also one of the lines of people movement. Example, we're
talking about how many people we can travel from India
at what kind of visas are there making the process
more smoother. At the same time, the technology which helps
India to increase this productivity, and we do have some
good technologies to work on that. In terms of when
(01:29:36):
we said daily farming, we talk about robotics in giving
fruit picking or apple fruit picking. So there are things
apart from what we are doing now. So if you
see the work it has Justay is doing, or from
AIRA is doing, or Apple and Peer are doing. They're
doing great work, but some more sweetening can help things
(01:29:57):
get there.
Speaker 2 (01:29:57):
I can see that So with all this good news
that the Indian government has asked for consultation from private
companies and how they're feeling about things, do you think
it's realistic to think we might really start real negotiations
in the next couple of years.
Speaker 13 (01:30:11):
I think we should start faster than that. I can
sider that because see India also is looking for more partners.
If you see India five years ago was different to
what it's today. They are doing faster deal signing. If
I say currently there are around ten to eleven agreements
are in discussion with India with other countries, so they
(01:30:32):
can if they want to do a free trade agreement
or do they want to do any comprehensive agreement, they
can sign in one year to eighteen months.
Speaker 7 (01:30:39):
Also, wells is fast now.
Speaker 2 (01:30:42):
That is great and let's hope, sir, because I think
we'd be great friends together and we do some good
business together. And Baata, I would like to thank you
very much for your time today. That's Barachola, who is
the Indian New Zealand Business Council chair. It is now
seventeen minutes to seven, So I'm Andrew because next weekend.
For the next three months, Ryan Bridge who's currently hosting
(01:31:02):
the Breakfast Show, will be your host on the Drive
Show while Heather is away on maternity leave. And this
morning I was listening to Ryan and he made a
very real note that he went to the Luke Holmb's
concert at Eden Park and he went past a bike
park that was set up by at and he said, look,
how ridiculous this is. There was only one bike parked.
Edit and of course criticized at a bit, but I
would like to criticize the people who didn't use the bike.
(01:31:24):
The question is who rides to Eden Park? And I
was screaming at the radio.
Speaker 20 (01:31:27):
I do.
Speaker 2 (01:31:28):
I ride to Eden Park. I've been riding to Eden
Park for decades, since I was a kid at school
to go and see cricket tests. And it's only become
easier in recent years with the event of the north
Western Cycleway. Because the north Western Cycleway from the city
to Eden Park is flat right. I can tell you
I can get from the bottom of Queen Street to
Eden Park in ten minutes on a bicycle ten minutes,
(01:31:51):
and then when I get there, I can park within
five minutes of the front door. I don't know have
to worry about car parks. I've been riding to cricket matches,
I've been adding to rugby games, and I've been riding
to concerts now that they have concerts at Eden Park.
I don't ride if I'm intending to drink. But that's
exactly the same decision I make if I'm trying to
decide whether to take a car. If I'm deciding to
(01:32:12):
drink or the weather is ugly, I take a train,
which again drops me off a couple of hundred meters
from the ground. What is the benefit of me riding
a bike to Eden Park? Well, number one, no traffic
jams at all. At number two I park, it provided
bike wrecks five meters from the entry door, like I've
told you. And number three the big one. It's cheap.
In fact, it is I can tell you the cost free.
(01:32:37):
It costs nothing. There is no search charging from ubers
and taxis, and there's no parking charges. So knock biking
if you want Ryan and everybody else. Knock biking if
you like sitting in traffic jams. Knock biking. If you
like paying one hundred bucks for a cab on top
of your two hundred buck event ticket, Knock biking if
(01:32:59):
you love taking hours to get home. And whenever I
do this sort of thing, people go, well, you're a
virtue signaling dumb ass greenie. I'd like to object to that.
I'm not a dumb ass greenie. I'm a cheap ass.
To be fair, I don't do it for the look.
I do it because I have a choice, and i'd
like to thank everyone who's given me that choice. Go
(01:33:20):
Downey from the UK next.
Speaker 1 (01:33:22):
Crunching the numbers and getting the results. It's ridiculous with
the business hour, fun news talks.
Speaker 3 (01:33:28):
That'd be.
Speaker 2 (01:33:30):
Through Andrew is a female. There is no way I'll
be riding a bike home from eden Park at nighttime.
Of course you can't. Of course you wouldn't. Even though
my partner rides home with me. She's fine with it.
Speaker 6 (01:33:40):
Ah.
Speaker 2 (01:33:40):
But you know, this is called a choice. It's freedom
of choice, and I don't mind having the choice. I
can choose to ride a bike, I can choose to
take a care of I can choose to take a
train or sometimes I could choose to walk. Sometimes I
wouldn't walk home from eden Park. The other thing I
want to say briefly, Garth Hudson has died from the
band last surviving member, so and is going to play
a band song before we finish the show. But of
(01:34:01):
course ANNs has no idea about the band. But I'm
going to let him choose, or you can choose by
texting me. So the choice that we have is the
weight up on Cripple Creek all the night they drove
Old Dixie down. So which one of those three would
you like? And then we'll let ans have a listen
to these songs while I'm talking to Gail Downey and
he can figure he can figure out what he wants
(01:34:21):
to play, So that's exciting. Gail Downey from the UK.
How are you?
Speaker 21 (01:34:25):
Oh, I'm very well, Thank you, Andrew.
Speaker 2 (01:34:27):
How are you good? Do you have a favorite band song?
Speaker 8 (01:34:31):
Oh?
Speaker 21 (01:34:32):
I don't think I do. My music is tastes are
a bit kind of whatever's going on at the time.
Speaker 2 (01:34:38):
Right, No, okay, that's all good. I know it's very ancient,
the Last Waltz and all that. I saw some pictures
of that hotel fire at the ski resort in Turkey
that looked horrific.
Speaker 21 (01:34:47):
Absolutely dreadful, and unfortunately the death toll has now risen
to seventy six people, including a ten year old girl
and her mother, a young chef, and a number of
teenagers who are there with their families. Two people who
died were trying to jump to safety, and you'll have
seen there as you say that, the pictures are absolutely dreadful.
(01:35:09):
People were also seeing tying bed sheets together to escape
through the windows of their hotel rooms. It took twelve
hours to put out the fire, and it took an
hour for the fire service to arrive because of the
freezing conditions, it was difficult for them to get there.
Nine people have been arrested, including the owner of the hotel.
Speaker 2 (01:35:28):
And it seemed like some of the people in hotels
around the hotel didn't seem to care.
Speaker 21 (01:35:35):
Well, I couldn't say that, but because actually there have
been some reports of people actually trying to help. But
I guess the thing is that at a resort like
that and a fire that's so massive, what can you
actually do to help rather than hinder? You see what
I mean?
Speaker 2 (01:35:51):
All right? Okay, And of course it's nighttime and it's
cold because it's a ski resort. That makes sense. Now
Prince Harry is no longer suing the papers about the
phone tapping and all that and there's now Talkie is
going to settle his case against the Sun publisher.
Speaker 21 (01:36:06):
Yes, we talked about this on Monday, didn't we because
the case was supposed to start then, and then that
got delayed, and then it was supposed to start yesterday.
But lawyers for both sides have twice asked to delay
the opening of the case because it turns out negotiations
are going ahead now. Whether the case will still go ahead,
(01:36:30):
who knows. But they asked for a third adjournment during
the day and the judge said, no, the case has
to begin. But because by this time it's two o'clock
in the afternoon, the judge said, look, let's close it
for the day because you know, you need to decide. However,
this morning the lawyers could appeal against the judge's decision
(01:36:51):
and ask for more time for talks. So, as you said,
there is you know, the potential of a settlement on
the cards. That certainly seems to to be what they're
thinking of.
Speaker 2 (01:37:01):
They're great to bit because Harry was one of the
last Lottergaans standing and he has always said, I'm doing this,
you know, for the good of society, to hold these
people to account. And oh, how much money do you
want to offer me? Seems like that are bad play
with bad optics.
Speaker 21 (01:37:19):
Well, it's an interesting one, is it, because he has
always said it's not about the money for him.
Speaker 19 (01:37:24):
And he is.
Speaker 21 (01:37:26):
Him and Labor MP Tom Watson are the only two people.
Everybody else we're talking about, people like Hugh Grant, who
were thirteen hundred people who settled their case. And Hugh
Grant certainly said, you know, I can't take it any
further simply because of the costs of going to court,
whereas Prince Harry has said, look, I'm doing this for
(01:37:48):
everybody else, so we will see what happens. But of
course the case centers around the illegal practices used by
a handful of private investigators and journalists at Newsgroup newspapers
to pride to his private life. His claim is that
it was more than just a couple of bad apples,
some of whom, as you know, have been jailed. He
claims that it's been widespread.
Speaker 2 (01:38:10):
Okay, and finally benefit chiefs of the UK Could heavy
driver's license taken off them?
Speaker 3 (01:38:15):
Yes?
Speaker 21 (01:38:16):
This originally was a Tory government proposal has now been
brought back again to be discussed. The driving bank could
last up to two years, and it's aimed at those
who repeatedly cheat the system and have debts so they
owe in benefit more than two thousand New Zealand dollars
or more. And the idea is that banks will be
(01:38:38):
forced to hand over account information about benefit claims to
help target investigations. It would also give the public sector
Fraud authority more time to investigate complex cases of fraud,
which they can be, as you know, very complex, which
took place during the pandemic. But it could face strong
opposition from banks and privacy campaigners who are worried it
(01:39:00):
could invade claimants' rights to financial privacy.
Speaker 2 (01:39:04):
Oh yeah, okay, Gail, I thank you so much for
your time today and enjoy the rest of it. I
talk to you soon. It is now six minutes to
seven and we'll figure out what band song we're going
to play with Anthony Milica in just a few moments time.
Speaker 3 (01:39:19):
Getting ready for a new administration in the US. What
will be the impact?
Speaker 1 (01:39:23):
It's the Business Hour with Heather Duplicy, Allen and my HR.
The HR solution for busy SMEs news talks.
Speaker 3 (01:39:30):
It'd be.
Speaker 2 (01:39:32):
The dooks. Had been a number of people talking about
me riding my bike to Eden Park and they go great.
So you then get looked over and then you're dead
And how's your family going to feel about that?
Speaker 8 (01:39:40):
Well?
Speaker 2 (01:39:40):
Can I just inform you that the cycle away from
the city to Eden Park goes the whole way off road.
In fact, there's only about two hundred meters that's on
road at the park end, and those roads are closed
and you get off your bike and walk it because
there's about fifty thousand people going to a gig. So
don't you worry about me. I don't get knocked off now.
Speaker 22 (01:39:58):
Anthony up On called Creek was the winner of the
text Poldesty, which the band song we would go out
with today. And it's quite a confidence because I had
a quick listen to these three and this is easily
my favorite.
Speaker 7 (01:40:07):
That's good.
Speaker 3 (01:40:08):
Yeah.
Speaker 22 (01:40:08):
That that organ or whatever it is in the background,
it just sounds really funky.
Speaker 2 (01:40:11):
I love well, that would be the organ that Garth
Hudson would play.
Speaker 6 (01:40:14):
Yeah.
Speaker 22 (01:40:14):
Unfortunately, it's a sad reason we're playing the song because
Garth Hudson, the last surviving original member of the band,
he has died. He was eighty seven years older.
Speaker 2 (01:40:22):
Robbie Robinson of course, the leader of the band. The
band used to back, of course, Bob Dylan. They used
to be called the Hawks for a while. And the
Last Waltz one of the great moving films of all
time by Martin Scorsese. I leave you with a great song.
I thanks to producer Lauren and producer ants Man, to
anybody else who's been involved with the program. See you tomorrow.
Speaker 1 (01:41:05):
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