Full Show Podcast: 25 August 2025

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
Pressing the newsmakers to get the real story. It's Heather
duper Cy Ellen Drive with One New Zealand to coverage
like no one else.

Speaker 2 (00:10):
News Talks have be.

Speaker 3 (00:13):
Afternoon. Welcome to the show. Coming up today, the Reserve
Bank is considering dropping some rules which will make our
mortgages cheaper. We'll speak to banking expert doctor Claire Matthews
after five. Our new cops really as bad as the
older cops. Reckon Police Association on that, and Nikola Willis
the Finance Minister as per usual on a Monday. After six,
Heather duper Cy Ellen, I'll tell you what I'm surprised by.

(00:34):
It's that we're still surprised that Argentina can and will
beat the All Blacks. I was listening last week to
all of the confidence and how the All Blacks were
going to make it two from two, and I was
wondering if I was missing something, because I wasn't feeling
nearly that confident. Firstly, because Argentina is actually a decent
side nowadays. This is the fourth time they've beaten the
All Blacks. Now, I know four doesn't sound like a lot,

(00:55):
but four times has all happened since twenty twenty four
times twenty twenty with the disruption in the closed borders
of Covid is actually not half bad. Now, of course
they would have to beat the All Blacks at their
home eventually. A lot of people are making a big
song of ninth, but oh, it's the first time it
happened in Argentina. That was inevitable. If they could beat
the All Blacks in New Zealand, which they have, then

(01:18):
they were definitely going to be able to beat the
All Blacks in their own backyard. And mainly, what I
think we're failing to understand here is the mental game
for the Argentinians. The All Blacks are no longer scary,
unbeatable men to them. They slayed that dragon five years ago.
That actually counts for much more than a lot of
people think. But also why I wasn't feeling that confident
heading into this game is that I haven't been convinced

(01:39):
by what I've seen of the All Blacks this year
so far? Have you? It's been scrappy. I mean it's
been scrappy against even a French B side, not at
all convincing. We're still not sure that we've got the
right number. Ten we've got serious injuries at number nine.
Elliott has just written an article calling for us to
call back Aaron from overseas where disciplined, or as Gregor

(02:01):
Paul says, we're dumb and dirty now the All Blacks
are not the slick winning machine of past years, not
yet anyway, So maybe forever or maybe just for now.
The days of assuming that the All Blacks are going
to beat everyone, especially teams have beaten them before, are
over and Argentina is at least for now not to
be written off either.

Speaker 2 (02:19):
Dupuicy Ellen, don't.

Speaker 3 (02:24):
The text number, standard text fees and apply. Of course,
a Jason Pine is going to be with us shortly
now onto other matters. The Prime Minister is calling for
a change to how we fund major events. He told
Ryan Bridge this morning that sporting events and concerts are
key to getting the economy back up and running.

Speaker 4 (02:39):
I really want us to rethink what we do with
the major events fund because it takes a while for
events and activity to come to a country. You've actually
got to stuff it as a pipeline.

Speaker 3 (02:48):
Brent eccles is the founder of Ecles Entertainment and a
representative for Frontier Touring New Zealand and Steve Armitage is
the CEO of Hospitality New Zealand. We've got both of
them with us. High lads.

Speaker 5 (02:58):
Good, it is Monday, Brent.

Speaker 3 (03:00):
Is what do we need to rethink about?

Speaker 6 (03:03):
This?

Speaker 3 (03:03):
Isn't isn't the problem that actually the fund was working
perfectly then we stopped the fund working perfectly well.

Speaker 6 (03:09):
From a contemporary music perspective, it all sounds good, but
they never ever founded anything out of the Major Events Fund.
It was only sport.

Speaker 3 (03:17):
Oh really, we never did any concerts or anything like that.

Speaker 6 (03:20):
No, no, never.

Speaker 3 (03:21):
Okay, have you got a problem with us just doing
sport out of it?

Speaker 6 (03:25):
No, I don't. There's quite a long lead time to
access the fund, and with contemporary music you don't have
that lead time. It's pretty it's pretty hard and fast,
so we'll never quite be able to qualify. And as
I say, the Major Events Fund has been focused on sport,
not rock and roll.

Speaker 3 (03:44):
Do you think that we need to just get it
moving faster? Is that the problem?

Speaker 6 (03:48):
Absolutely? Yeah, absolutely, it's not that hard to do. If
they have relationships. There's only read two or three promoters
who work in that realm, and it's pretty it's pretty
easy to get into the pipeline. Actually I'm to pen
points on funds, but the sooner the better. I love
the sound of it.

Speaker 3 (04:05):
How long was it taking Break to get the money
out of it?

Speaker 6 (04:08):
Well, I think it was like a three month lead time.
It doesn't work for rock and roll. You guys need
it within a month, just by the time, just by
the time the show comes on and by the time
it goes on sales really quick. Yeah, So you've got
to get those things sorted out, with budgets on all
kinds of agents and managers and all down the chain
around the world. You've got to take across the line.

(04:29):
So it needs to be the need to put some
sort of reserves and money for contemporary music, and then
you can just eat the access with a good relationship.
That's the way to do that.

Speaker 3 (04:39):
Now, Steve, what's gone wrong here? Because I'm just just
from an all clump perspective. We haven't got anything on
the calendar, and haven't had anything on the calendar since
like seriously since Coldplay, So why.

Speaker 7 (04:51):
Well, First of all, can I just say when I
heard this this morning, my first reaction was about time
we've been highlighting the importance of a consistent five events
for years and actual fact, I think this speaks directly
to the government's own ambition to double the value of tourism.
You need strong demand drivers and events have proven winners
in that regard. So this is a really interesting mindset shift.

(05:12):
The argument that the Prime Minister made this morning in
support of events was nowhere to be seen earlier this
year when we get the America's Cup of the potential option,
so it's really interesting to see how that shifted. Well,
we were in with a chance to secure America's Cup
here in New Zealand. The same argument that the Prime
Minister was making this morning around the fund that generates

(05:32):
the importance of having a consistent pipeline of major events
and the Melbourne comparison was really interesting because he's talking
about really large, global scale of events being hosted every quarter.
That's a great aim, but we know we need having
the funding in place to be able to deliver that.

Speaker 3 (05:48):
What is tell me, Steve if I'm imagining it, But
it felt to me as if we had a bunch
of stuff on the calendar and then the Major Events
Fund stopped funding things, or did I just imagine that.

Speaker 7 (06:00):
There's a couple of layers to this. A lot of
funding used to come through from Auckland Council through its
council controlled organization. Yes, and of course the Council's had
to pull back a significant amount of funding. So the
approach to major events sort of prior to COVID was
usually it was co funded between the council and central
government through the New Zealand Major Events Fund. With the

(06:21):
city under pressure, they haven't been able to put together
a fund fighting fund for large scale major events.

Speaker 3 (06:28):
So that's the money that there was, money that dried
up and that's what it was.

Speaker 7 (06:32):
Hence the argument for the accommodation levy.

Speaker 3 (06:34):
Okay, Now, Steve, have you got a better example than
the America's Cup, because that's distinct example. I'm tired of
talking here.

Speaker 7 (06:42):
Well, if you go back to your recent history, we
had the feet for Women's World Cup here, we've had
we've co hosted a Cricket World Cup. I know brands
talking about music being different to sport, but Auckland and
New Zealand in particular was a custom every year to
having a global event here. Yes, and Brent's absolutely right.
Sometimes for an event like FISA that's sixty seven years

(07:04):
of hard work to get that over the line before
it's delivered here. And at the moment we'd be starting
largely from scratch, but we need some certainty of funding
to be able to get ourselves in front of the queue.

Speaker 3 (07:15):
Okay, Brient, if you could pick, if you could pick
just one event that you would like to bring here,
what would it be? Taylor Swift?

Speaker 8 (07:22):
Ah?

Speaker 6 (07:22):
Well, you know we could dream about that. I don't
think that's ever going to work yet, actually, but you
know that's been banned around a lot. There are a
lot of other artists I think will be great to
bring here.

Speaker 2 (07:31):
You who.

Speaker 6 (07:34):
Paul McCartney, how's that?

Speaker 3 (07:36):
Can say?

Speaker 5 (07:38):
Yeah?

Speaker 6 (07:38):
Yeah? How about Bruce Bringsteen? How about that?

Speaker 3 (07:43):
Been there, done that though, haven't we?

Speaker 6 (07:46):
How about the Eagles? Always great though? I mean, you know,
first class international entertainment and it works well in the stadium. Yeah,
there's not a lot, there's not a lot around, but
the stuff around is good.

Speaker 3 (07:57):
So you know what you don't say the America's Cup again.

Speaker 7 (08:03):
Look, large scale mess participation events are really good. We're
the World Masters Games here not so long ago. And
the good thing about that is that people stay for
longer too. They come and they compete in their particular
discipline and then on average they were staying up to
two weeks either side. So the more that we can
see that spend extend out across a period of time,
the better.

Speaker 3 (08:24):
Yeah, hey, guys, thank you very much. I think we're
all on board with the same idea. It's good to
see the prime ministers as well. Brent Eckles, Steve Armitage.
Brent's obviously with Eccles Entertainment, the founder and Frontier touring
now and the Steve Armitage is with hospitality in New Zealand.
Heather to the text, Heather, all of us rugby haters
were well aware that your beloved Rais is full of shite,
so it's no surprise that the ab scrappy performance. Brian,

(08:46):
remember this date, twenty fifth of Vulgus twenty twenty five.
You were going to eat your words, mate, You are
going to eat your words because he is going to
be fantastic once he gets these guys into shape. He's
just dealing with a team that's been run down. I mean,
you think about any organization that's been run down over
a period of years, definitely during the Fozzy years, maybe
even before and he's got to turn knock it into shape.

(09:07):
Get everybody, get get the right guys in the right place.
Hasn't got the right guys. You know that the best
number ten's over in Japan. Got to get them all in,
gotta knock them into shape. It's gonna be but once
they're humming, gonna eat your words. Brian sixteen past four.

Speaker 1 (09:20):
It's the Heather Duper see Allan Drive Full Show podcast
on iHeartRadio powered Blaye News Talk.

Speaker 3 (09:26):
Zeb Lord, Heather, you're full of shite. Razor couldn't even
beat the bloody Japanese at the moment. Nineteen past four.

Speaker 1 (09:35):
Sport with the tab app download and get your bed
on R eighteen bit responsibly.

Speaker 3 (09:40):
Jason Pine sports Wore Coast, Poney, you see what I'm
dealing with.

Speaker 9 (09:43):
Yeah, but rude, you helped me out here.

Speaker 3 (09:45):
He's not that bad, jeez. He just he's just taking
a minute to get them into shape because they're really
run down.

Speaker 10 (09:51):
There's been a lot of reaction, and for me anyway,
a lot of overreaction. I think you know there's and
the wake of any all blacks lost, there is a
rush to blame somebody, and normally more than one person
and I think, yeah, there's just been a lot of
hyperbole over for the last twenty four hours. I think
we all need to take a deep breath and calm down.
It's okay to be emotional about our sports teams, the

(10:12):
ones we love, and it's okay to question them when
things aren't going well. But you know, some of the
suggestions I've heard over the last twenty four hours have
been way out of left field.

Speaker 9 (10:21):
Look, I think something has to change and.

Speaker 10 (10:24):
Guys like Wallace a tt to Mighty Williams will come
back into the team for South Africa having come back
off the bench yesterday. I've got everything cross that Cam
Royguard's going to be okay, And I think they have
to look at changes in the back three as well.
I just wonder whether Rico Yowani and Seva Reese are
the right guys. I'd be making some change there as well.

Speaker 3 (10:44):
Okay, Now we do have a problem without our depth
and number nine now at the moment, don't we?

Speaker 9 (10:49):
We do?

Speaker 10 (10:50):
Because you look at what might happen if Quartet Latimer's
rub injury is bad enough to keep him out of
the first South African Test and Royguard has not recovered
and we know, No, I hope them won't be there.
Top three half backs the ones we chose or rated
did for the French Test and presumably would tests and
whatever the Rugby Championship.

Speaker 9 (11:06):
But I'm not there.

Speaker 10 (11:07):
So we're down to Finlay Christy, you know, serviceable enough
halfback but not in the top three, and then Kyle
Preston who's never played for the All Blacks before. So
in the biggest test is the last Rugby World Cup final,
we're pretty thin at number nine.

Speaker 3 (11:21):
Really, would you be doing what Elliott says we should do,
which is calling up Aaron Smith to come back from Japan.

Speaker 9 (11:28):
Look, I'd certainly be on the phone just checking them out.

Speaker 10 (11:31):
Look, I mean you know what, Heather, you could do
a lot worse than getting Aaron Smith back. He's in
still in pretty good shape playing in Japan, you know,
for a hail Mary in SOS.

Speaker 3 (11:41):
We're talking rubbish, heare, aren't we because he don't he's
not eligible he's playing in Japan.

Speaker 10 (11:45):
Well you can bend rules, can't you, as needs must
look at they're only New Zealand Rugby's own rules.

Speaker 3 (11:51):
We're going to break them if we're calling Aaron back
from Japan. Why don't we call the handsome one back
from Japan as well? Is that TJ No, the handsome
one in number ten?

Speaker 10 (12:00):
Richie, it's a different situation together, and that he probably
doesn't want to come back just at the moment. Look, look,
I don't think well, I don't think we're sending out
out sos's.

Speaker 9 (12:10):
I think they'll go with what they've got.

Speaker 10 (12:11):
But yeah, look like I said, I think the single
biggest boost of this team would be if Cameroy guards
fit for these games.

Speaker 3 (12:17):
Yeah, totally. Now listen, are the Warriors top four? Just
update us where we're at with this.

Speaker 2 (12:21):
Yeah.

Speaker 9 (12:22):
Fourth at the moment, are still in their own hands.

Speaker 10 (12:23):
Two games to go, Eels Friday night at home and
then the Sea Eagles away the following weekends.

Speaker 9 (12:28):
Win them both and they're in. They can afford to
lose one.

Speaker 10 (12:30):
If one of the Broncos or Sharks, in fact, both
of them lose one of their remaining games, they're still
a bit to go.

Speaker 9 (12:35):
Look, it's in their own hands.

Speaker 10 (12:37):
They've won two in a row now off the back
of that sort of three lost period, got players coming back.
I'm backing them into the top four once they get there.
Who knows, but given the fact they were thirteenth last year,
if you'd said, you know, to Warriors fans, you'll be
fourth in twenty twenty five, they would bite your hand
off for them.

Speaker 3 (12:53):
We'll take it. Thank you Piney, appreciate it. Jason Pine
and Sports store Coast. He's back at seven o'clock to night.
By the way, on the NRL, the Titans of sacked
Des Hasler after that loss. They were like, you are
no longer our coach. Out you go this. They did
it first thing this morning because they're basically I don't
know if you're aware of this, on track to get
the Wooden Spoon. No indication yet as to who is

(13:14):
absolutely going to be replacing him by tell you what
they've got No mercy over there, do they?

Speaker 1 (13:17):
For twenty three The name you trust to get the
answers you need, it's Heather Duplicy Ellen Drive with one
New Zealand coverage like no one else us talk.

Speaker 2 (13:28):
They'd be okay, this is.

Speaker 3 (13:30):
How you would get over here. If you could use
that funding for the rock stars, you'd get Lady Gaga
because she's going to Australia later in the year, hasn't
confirmed she's coming here you get Oasis because they're going
to Australia, they're not coming here. You get Beyonce, you
get Tata, get all the big names, wouldn't you get
You could probably stretch to that headiest demon Hunter's song
and get them over here, but unfortunately they're not real,

(13:50):
are AI? Just just to remind you of how much
that how shite that song is for twenty six Now,
this is a little bit technical and boring, but this
is important because if this does go ahead in one
form or the other, it will it will bring down
your mortgage what you're paying the banks, hopefully by at
least something. The Reserve Bank is reviewing the capital requirements.

(14:11):
The bank capital requirements. This is the thing that they've
been ushering in for the last six years after Adrian
all dreamt it up. The thing is designed to make
it so that banks don't fall over in a crisis,
but it's very onerous and really conservative, like it's it's
totally planning for the absolute worst case scenario and we're
probably not going to have that anyway. Got two options,
which is basically they freeze where they're at right now

(14:33):
and don't go any further because there's more to come
or they make some other changes with the same broad
effect whatever, and one will be more advantageous to your
mortgage repayments than the other, so making it cheaper for us.
We're going to have a chat to Clare Matthews, the
banking expert. She'll be with us after five o'clock. The
mushroom chef is back in court today, by the way,
Aaron Patterson. She's got her sentencing, so she's been in

(14:55):
court all day, been running all day. Family families of
the victims have been given their victim impact statements. We're
going to go to Oli Peterson after six sorry only
about twelve minutes actually, and have a chat to him.
Just get the latest on it. Former impact. It just
just this is not going to come up in corporate.
Here's a bit of goss for you. A former inmate
reckons that she had a filthy prison cell, and that

(15:18):
she hardly slept when she was in jail, and that
she crocheted day and night. Didn't deny the crimes, but
said they couldn't prove it. News is next.

Speaker 1 (15:42):
On your smart speaker, on the iHeart app, and in
your car on your drive home. It's Heather Duplicy Ellen
Drive with one New Zealand had the power of satellite
mobile news talks'd be.

Speaker 3 (15:53):
I told Judihar, so can you compaen minutes time? Oliver
Peterson is standing by out of Australia hea that the
Titans have announced that Josh Hannay is going to coach kat.
Thank you for the heads up. Guess how much the
immigrant population in the US has fallen since Donald Trump
started his crackdown? One million people. That's a significant amount,

(16:16):
because it's that it was about fifty three million. It's
down to slight fifty one and change. It's been growing
for fifty years and since he started the crackdown. Fallen
twenty five away from four.

Speaker 1 (16:27):
It's the world wires on news Talks, Eddy Drive.

Speaker 3 (16:31):
Twenty five away from five. Obviously actually apologies for that.
At least two people have died in an Israeli strike
on the capital of Yemen. The Middle East experts says
Israel and the Hooties attacks on each other are getting.

Speaker 11 (16:41):
Worse another who the attack has a greater chance of
inflicting casualties inside of Israel, and if that does happen,
we would expect the Israelis to react very harshly. Towards Yemen,
especially towards some of its civilian military infrastructure.

Speaker 3 (16:55):
The Australian federal government is accelerating a scheme to get
first home buyers into houses. The program will allow first
home buyers to buy a house with only a five
percent deposit, and we'll start in October, which is three
months earlier than planned. Here's elbow.

Speaker 12 (17:07):
These measures, together with our Housing Australia Future Fund, our
Build to Rent scheme, our Shared Equity scheme, are all
about delivering inquest supply but also delivering increased home ownership.

Speaker 3 (17:21):
And finally, a sheriff in Florida has shown up to
a press conference wearing a gold chain seized in a
drug trafficking bust. Sheriff Grady Judd was very excited to
show off his new drip alongside all the drugs and
guns that were seized in the bust.

Speaker 8 (17:36):
I got your drip, I got their body, we got
their guns, we got their dop.

Speaker 3 (17:44):
Drip is obviously the new slang term for swag or blindling.

Speaker 1 (17:48):
International correspondence with ends and eye insurance peace of mind
for New Zealand.

Speaker 3 (17:53):
Business, Olli Peterson six pr per Live presenters with us
OLLI Hallo.

Speaker 9 (18:00):
Hallo, heaven.

Speaker 13 (18:03):
Yes, and our ands can't control this one because it's
at my end, you.

Speaker 3 (18:10):
Know, honestly, just the confidence from you after what the
spring Box did to you, guys, so.

Speaker 14 (18:16):
You can't lose, Heather.

Speaker 13 (18:17):
I mean, you've got a foot in both camps this weekend.
New Zealand lose, South Africa wins, So Heather's happy, right, Yeah.

Speaker 3 (18:23):
Yeah, I'm having a good time quite, do you know what.
I'm one of those contrarians though, that likes it when
the All Blacks just get reminded that they can't always win,
because that does get dull. You'll never have experienced the
alli in your life, but as a country that always
won for a really long time, gosh, it gets boring.

Speaker 13 (18:39):
Oh I'm sure it does. But I mean, like we
always do here in Australia. If when, if there's something
that's successful in New Zealand's we obviously claim it for
ourselves because if it didn't leave New Zealand and the
rest of the will wouldn't know about it unless it
came to us throughout from.

Speaker 3 (18:52):
Either But hey, listen, what about we were so stoked
about James O'Connor and then as boot just went awry,
didn't it?

Speaker 13 (18:58):
It did, But that's okay. You know, we broke a
record in Johannesburg. You know, lots of injuries over the weekend.
But we're back with that baby. Oh yeah, I'm confident
with us.

Speaker 3 (19:07):
See now Aaron Patterson is back. How did that go down?

Speaker 14 (19:10):
Yeah, well, I'll tell you what.

Speaker 13 (19:12):
She's appeared back in court today and she has been
us to hear these impact statements and our only surviving
victim has forgiven her would you believe, for trying to
kill her husband, But she urged her in court to
confess to the murders, and Aaron Patterson continues to deny
that so Ian Wilkinson's wife Hedda, who was obviously murder
along with her sister Gail Patterson husband Don by that

(19:34):
death cat mushroom lace beef Wellington prepared by Patterson. And
in the Supreme Court of Melbourne today the church pastor
he stood in the court and described the impact of
losing his wife becoming ill while offering that olive branch
of forgiveness to the killer. He said, what foolishness possesses
a person to think that murder could be a solution
for their problems, especially people who only have good intentions
towards her.

Speaker 14 (19:53):
She's brought deep.

Speaker 13 (19:54):
Sorrow and grief into my life and the life of others.
Now she hasn't said anything. She's refusing to again confess
to those murders. But no doubt there's a hell of
a lot of intrigue into this today and whether we
hear anything from Aaron Patterson before she is formally sentenced.

Speaker 14 (20:10):
I'm not holding the breath now.

Speaker 3 (20:11):
I'm surprised that you guys don't have a public sex
offender registry in Queensland's going to be the first.

Speaker 14 (20:17):
Yeah, it is.

Speaker 13 (20:18):
So you're going to be able to research this depending
on where you live, to know if there is a
sex offender that lives in your neighborhood, and you'll actually
get images as well of what this particular person looks like.

Speaker 3 (20:27):
So it's public facing, so we can go for a
little search on it.

Speaker 8 (20:30):
Well that's it.

Speaker 13 (20:31):
So you know, look, there are some lobby groups here saying, well,
you know there's some human rights issues around this.

Speaker 14 (20:38):
Well, you know, don't do what you did before then
you wouldn't have to worry about these things.

Speaker 13 (20:41):
But I'm not saying that you want vigilades to go
around and bashing people up. But it is interesting here
in Western Australia we do have not quite the same
level of what Queensland is just introduced. But you can
research if they're you know, put your post code basically
into a website and say does somebody live at six
double zero four? Now they've got to tee you the
address or the street that they live or but how
many sex offenders live in your suburbs? So Queensland is

(21:03):
going well, that's right, it doesn't mean anything, doesn't So
you might live in a suburb with ten and I
might live in a suburb with one hundred.

Speaker 14 (21:09):
Great, how does that make you feel?

Speaker 13 (21:11):
So this one, though, they want to go national, and
it actually ties into what we were talking about on
Friday Heather with regards to the childcares and being able
to have a police check. So the attorney's generals nationally
cannot agree to standardize legislation around that particular police check.
But that's why Queensland's going hard. And first it's brought
on by the morcamb family or all. Remember Daniel Morcambe

(21:33):
of course in his legacy as to why this is
being introduced Daniel's law.

Speaker 14 (21:38):
It's to try and help children who can't protect themselves.

Speaker 13 (21:41):
But I just I wonder whether or not by providing
people with images of those people who live in your suburbs,
what does that do?

Speaker 14 (21:48):
What does that lead to? It's a rather interesting well is.

Speaker 3 (21:52):
It about that, Ollie or is it actually about them?
I mean, there is an element to that. But we've
had a case, We've had cases where people have committed
sex offenses then gone under the radar, popped up again
and done it. Now, wouldn't it be helpful if you
are the step mother, let's say that you're the mother,
this is the step father, to actually just google them
and be like, has ha ay done this stuff before?

Speaker 14 (22:12):
That's true, That's very true.

Speaker 13 (22:13):
And I mean we use in WA a lot of
you know, sex offenders who are out from jail that
there to wear ankle bracelets. We have lots of people
that were them over here in WI and they don't
always work either.

Speaker 3 (22:23):
Yeah, well there you go. Now listen, why did Sydney
walk away from this train station in the seventies.

Speaker 13 (22:29):
Because all the Nimbi's didn't want I mean, it's Sydney's
eastern suburbs, right, this is like the most exclusive addressed
in Australia if you wanted to live in Well, I mean,
this is kind of place you'd live if you're in
Sydney Wllara, you'd love it. Head So they're saying, right,
this was built back in the seventies. It's all there,
but it's grassed over the top. But on the weekends,
how's this? They're going to open this station sixty years

(22:49):
later and build enough affordable housing apartments for additional ten
thousand new homes.

Speaker 3 (22:55):
Oh no, ten thousand.

Speaker 13 (22:57):
That's a nuts figure that they think they can squeeze
into a Lara.

Speaker 14 (23:00):
The Nimbis are not happy about.

Speaker 3 (23:02):
It at all, of course they're not. Hey, thank you
very much, Ollie, appreciate it and your charming as always.
Oliver Peterson six PR Perth Live Presenter eighteen away from.

Speaker 2 (23:10):
Five ever due for c Allen.

Speaker 3 (23:13):
It must be my age. But the more I think
about it, the more I love this public facing sex
offender register. Wouldn't you love that? I think? Do you
know what I have? I think I've reached the end
of the road with them caring about offenders' rights. It
might look it might just be surrounding myself with a
bunch of conservatives working at newstalk ZBI. I don't know.

(23:35):
Maybe it's maybe it comes. Maybe it's because I've hit
forty and I'm on the downhill slope. Maybe it's because
I've got kids. But if I had to choose between
old mate having his face on public and having to
walk around the street and be like, oh, yeah, there's
the sex pest in other areas and him feeling shamed
about that, I if that's that's one alternative. That's one possibility.
The other possibility is that you can know who shouldn't

(23:57):
be in your home, who shouldn't be with your children.
Oh you need to cross the road for you know
what I mean? Like, I prefer the second one. So
I feel like, if you're the kind of creepo who
has a go at other people for a bit of
your own self gratification, you should be named and shamed.
And I just don't give a tote anymore about it.
What do you think We've got far too far worrying
about them and theirs? Anyway? Definitely, I definitely sound, don't

(24:20):
I I definitely sound like I've got blue rims and
pearls right now, don't I and I'm about eighty years
old and I live in Nio or maybe even worse. Candala, Heather,
have you had a chance. If you get a chance,
can you please ask Nikola Willis when this announcement is
coming on the groceries. They said it would be by
the end of the quarter, which is Sunday, and if
they don't have an announcement, she will have lost all

(24:41):
credibility as far as I'm concerned. Thanks Hagen. Thank you
Hagen for reminding us we do have it on our list.
We did have also initially have it anyway on our
list for nikolib but it's always nice to know other
people have it on their list too. She's with us
after six sixteen away.

Speaker 1 (24:54):
From five Politics with centrics credit check your customers and
get payments certainty.

Speaker 3 (24:58):
Either the end of the quarter actually the thirtieth of September.
You're welcome, Thank you, Phil. We had got that wrong.
Thirteen away from five Barries so per senior political correspondence
with us Hallo Barring.

Speaker 15 (25:07):
Good afternoon, Hedther.

Speaker 3 (25:08):
Okay, so what do you make of the Reserve Bank
reviewing the capital requirements?

Speaker 15 (25:11):
Well, look, there've been calls for this for so long
now it was Adrian or that pushed it through in
twenty nineteen against all advice, and of course banks say
that they're charging higher mortgage interest rates as a result.
At the moment, large banks have to hold thirteen and
a half percent of what they call risk weighted assets

(25:32):
in capital. Now that'll a rise, according to the ore recipe,
to eighteen percent by twenty twenty eight. Smaller banks that
are eleven point five rising to sixteen percent. So you know,
there's a lot of capital being held, and the financial
institutions here, as we know, are very very sound, and
that's one thing that we can be happy about. It

(25:55):
was interesting today that Chris lux and i'd know whether
you heard him the small talking about having a meeting
with the Reserve Bank in advance of the ocr being announced.
Now that is commonplace.

Speaker 9 (26:09):
A lot of the.

Speaker 15 (26:10):
Media has said, well, this is terrible, there's the independence
of the Reserve Bank. Well, prime ministers and finance ministers
have for a very long time met with the Reserve Bank,
who have told them what the official case rate will be.
The decisions already been made by the time they meet
with the politicians. This is how Chris Luxen sees his

(26:34):
conversations with the Central Banker before those ocr meetings or
announcements are made.

Speaker 4 (26:40):
We will share our respective observations and views on the
economy and what we're respectively seeing coming at it from
slightly different takes a fiscal sense and also a monetary sense,
and those engagements I've always found very productive, very constructive.
You know, occasionally they're robust as we give our different
views on things. But equally the Reserve Bank always has
insight that I think is incredibly valuable for me dear

(27:01):
perspective as well, and that's why I appreciate those conversations.
But I want to be under no illusions I do
not direct the Reserve Bank. The Reserve Bank independence as sacrescinct.

Speaker 15 (27:09):
The problem with Chris Luxen was that maybe he went
too far. He said in response to a question from
the host that in fact he would have cut by
fifty basis points. And perhaps that's taking it too far
because the independence of the bank has to be preserved.

Speaker 3 (27:27):
It's a fair point. Is act going to be able
to get this end of Life Choice Act changed?

Speaker 15 (27:33):
Well, it has to be a private members bill because
it's a conscience vote. And Todd Stevenson, the ACTMP. He's
going out talking to politicians around the House trying to
get their support for it. Like I said, it's a
conscience vote. Interestingly, if you look at the figures from
the year that the assisted death started in November twenty one,

(27:55):
two hundred and fifty seven assisted deaths took place in
that year, had grown a year later to six hundred
and seventy. From April twenty three to twenty four, three
hundred and forty four had their lives taken in that year.
About two and a half thousand people have applied. Now,
what they're saying, what Todd Stevens is saying, is the

(28:17):
Act should be changed so there's no longer that six.

Speaker 3 (28:21):
Month than no dying in six months.

Speaker 15 (28:24):
That yeah, you've got to have it from a position
that you're going to die with well.

Speaker 3 (28:28):
Because the hell knows no what. Also, some people are
living with such debilitating condentionalize that will never kill them,
but which are so miserable to live with that they
don't want to.

Speaker 15 (28:39):
Well, it's an undignified life. And what this is all
about is what they talk about is dignified, being dignified
in death and people that do suffer the way you've outlined.
I mean, why should they not be able to decide
to take their own life.

Speaker 3 (28:54):
And see which way you would vote I for you
in the parliament? Well absolutely, Now what about the early
voting in the Timachem Toto seat.

Speaker 15 (29:02):
It's opened today, so the ballot booths are out. I
keep saying it every time I see I think of
Tayrant I'm sure will be that's right, Yeah, he's it's
a race between him and the broadcaster are Reny Coprara.

(29:23):
But we've got the a couple of other people there
as well. You've got Bishop Tomoky's wife Hannah, she's in
the race as well. But look, people can enroll on
any day up to including voting day because the rules
haven't been changed yet, so they can go along, but

(29:45):
they can't change their electorate and they should remember that.
They can't turn up and say, now this is Tommocky
Maccolda to Malory seat. I want to be on the
Maldi roll now.

Speaker 3 (29:55):
But you can't do that in advance. Do you think
it would be do you think it would be early
on set with you? Would it just be straight out to.

Speaker 16 (30:05):
Mess I think that is just.

Speaker 15 (30:10):
Laugh about things like I've heard you time and time again.
No call people the wrong.

Speaker 9 (30:20):
Yeah, I just listeners.

Speaker 8 (30:22):
Bond Bard, that.

Speaker 3 (30:24):
Senior political correspondent away from five.

Speaker 1 (30:29):
Putting the tough questions to the newspeakers. The mic asking
breakfast Bill.

Speaker 17 (30:34):
Blacks go down to the argies for the first time
at their place, and you know how New Zealand has
handled an all black lost que the critics, Sir Graham
Henry joins us are we in trouble?

Speaker 6 (30:42):
Nah?

Speaker 2 (30:42):
Good, ma'am.

Speaker 17 (30:43):
So I'm right this morning. It's the dumbest and dirtiest
team in rugby? Is that true?

Speaker 16 (30:48):
No, that's that's just ridiculous. It's a very evening competition.
I think we've probably got a bit complacent. We've got
a bit comfortable, I would imagine after and reasonably easy.
We're in the first chase and I think they paraty
got comfortable, but I think be very good going forward
against Aubert Precuran. Here there's nothing like Anwzeland team that's
all black team that's got beat and it really galvanizes them.

Speaker 17 (31:07):
Back tomorrow at six am, the mic hosking Breakfast with
a Vida News Talk z'd beat hither.

Speaker 3 (31:14):
To be fair to Barry you've called the time wrong
twice today, so here thank you. Will I have and
I'm aware of that. I guess, I guess the differences.
I know when it's happening. No, then, to be fair,
so did he anyway? Listen, serious stuff five away from five.
It's not a good time to be a pharmacist at
the moment, I would think, because we've got two more
cases a pharmacist stuffing things up. Now you already know

(31:35):
about the one where the unfortunately the two month old
died because she was given an adult dose of phosphate.
Now you've got two more cases, a woman who overdosed
on fentanyl because the pharmacy gave her six times the
amount she was supposed to have. Also the case of
a man who died because the pharmacist mismanaged as blood thinners.
This has become public now. What appears to have happened
is when you're on the blood thinners, you're supposed to

(31:56):
get blood's done every now and again. Pharmacist was making
sure everything was with the range, but he was out
of range, and he was like way out of range.
So he's supposed to go up to his GP, but
the pharmacist didn't send him to the GP just made
some changes to the dose which gave the man instructions
about what to take and when told him to come
back for a week and a week rather for another test.
Never made it that father man was in a hospital

(32:17):
in an Ambo, on the way to hospital the very
next night and then died. So not a great great
time for trust and pharmacists. So I would say we're
going to speak to one after five o'clock, just ten
past five. Oh and also some good never mind fon
Terra Picks Pixus or you know the Peanut butter people,
you know the great peanut out of people from Nelson.
They've just sold fifty one percent of the business to

(32:39):
an Aussie based business. It's out of Melbourne. So we
have chick to chat to the chap who set up Picks.
He'll be with us also in the next twenty minutes.
Congratulations to Simeon Brown. We were going to get him
on the show today, but Simeon can't come on the
show because Simeon as on paternity leave. You know, we
have a baby. The dad's get a couple of weeks.
Isn't that that space baby number four? So if you

(33:01):
think geez, look at him, he's young. Look at how
young that man is doing such a big job. Not
only is a young man doing a big job, but
he's a young man with four children as well. So
congrats to mister and mister and mister and missus Brown. Right,
I'll have a chat about banking next News Talks.

Speaker 2 (33:16):
It be.

Speaker 1 (33:39):
The only drive show you can trust. Truck to ask
the questions, get the answers, find a fag.

Speaker 2 (33:45):
And give the analysis.

Speaker 1 (33:48):
Here the duplicy Ellen Drive with one New Zealand and
the power of satellite Mobile News Talks That be afternoon.

Speaker 3 (33:56):
The Reserve Bank is proposing to change the rules around
how much money our banks are supped to hold for
a rainy day. So they're reviewing the so called capital
requirement rules, which are supposed to help retail banks whether
are one in two hundred year crisis, but they're widely
considered to be onerous and very conservative. Doctor Claire Matthews
is Massy University's banking expert. High clear, Hi, Heather, how

(34:16):
do you feel about them going softer?

Speaker 18 (34:20):
Members to be comfortable? The reality is there's been a
lot of comment about the fact that the current regulations
we're seen as a little bit higher than they need
to be. So all we're looking at is bringing them
back to what is really seen as a more reasonable level.

Speaker 3 (34:35):
And which of the two options do you prefer at
the stage? I don't have a strong preference.

Speaker 18 (34:42):
I think we need to have a little bit more
time to have a look at them and just see
exactly what are the implications of them both.

Speaker 3 (34:49):
How would you feel abo us about us unwinding it
all together, going back to the way it was pre
twenty nineteen.

Speaker 18 (34:55):
Well, that's an option, but I think the reality is
that it's reasonable to suggest that before twenty nineteen we
were perhaps a little bit light, so beefing it up
a little bit, but perhaps just not as far as
the current rules have taken us.

Speaker 3 (35:09):
I mean, there are some estimations that if we had
gone all the way through with this, we would be
paying twenty five basis points, maybe thirty eight bases points
too much in contrast to the Australians. Would you say
that's about right?

Speaker 18 (35:22):
I haven't done the calculations, but I'm prepared to accept
that those calculations are probably accurate.

Speaker 3 (35:27):
And so therefore if we stop it in its tracks,
won't be as much as that, but we could potentially
save a fair chunk in money that we're not going
to have to pay.

Speaker 16 (35:35):
Oh.

Speaker 18 (35:35):
Absolutely, it will have an impact on the rates that
are charged on home loans and other lending and therefore
all duice three payments and that's got to be good
for everybody.

Speaker 3 (35:45):
Yeah, listen on that. Do you have any concern about
the fact that this review has quite clearly come about
because the Finance Minister has been asking for it.

Speaker 18 (35:56):
I mean that is a concern, the political intervention, But
given that it's reasonable that you know, there have been
a lot of people that have said that actually the
bank Reserve Bank went too far. It's just taken the
government intervention to actually force them to have another look
at it. So, yes, some disquiet, but not a huge amount.

Speaker 3 (36:17):
And then what about Christopher Luxen this morning saying that
he thought the Reserve Bank should have cut the ocr
lower earlier. Is that also a little bit of overstepping
the mark read the independence? What do you think?

Speaker 18 (36:28):
Oh, it's fine to offer an opinion, but the problem
is when you're the Prime minister, it's more than an opinion.
It's seeking to sway what's happening. And yes, that really
is going beyond what should be being said, given that
we do have an independent reserve bank, and they're making
the judgment call.

Speaker 3 (36:46):
Okay, But the thing is, Claire, we all know the
Reserve Bank is wrong, right, we're looking at it. We
can all see they should a cut earlier. We all
knew the capital requirements were too onerous. So if you
have to choose between them actually getting on the right
track with a little bit of political help versus independence,
which is more important to.

Speaker 18 (37:00):
You, to be honest, Actually the independence is more important
because the political interference at the moment might not be
too bad, but there's a strong risk that you know,
it's a slippery slope and you know a little bit
now and it gets a lot more significant later on.
So independence would win out over the benefits of the

(37:21):
little bit of political push that we've had so far.

Speaker 3 (37:23):
Claire, thanks for your time and your expertise. That's Claire Matthews,
Doctor Clare Matthew's Matthew University Banking expert.

Speaker 2 (37:29):
Ever due for see Ellen.

Speaker 3 (37:31):
Concerns are being raised about the safety of prescriptions after
two more reports of incorrect dosage. Now a Dunedin woman
has suffered an overdose of fentanyl after being given six
times her prescribed dosage. And a man has passed away
after a pharmacist saw anomalies in his blood from the
blood than medication he was on, but didn't send him
back to his GP like he should have. Lanny Wong
is the director of mung of Phi Pharmacy and with us. Hey, Lannie,

(37:53):
her cooky again and it's good to have you back
with us. Thank you. Are these isolated incidents or something
bigger going on here?

Speaker 19 (38:00):
Look, you know it's I think errors do happen, like
it definitely does happen. I'm not saying, you know, farmers
Is are perfect. This is one of those things that
definitely happened, and I think, you know, the media is
definitely highlighting it. I think there's a lot of interest
in why this is happening, which is which is probably
a good thing, but also very sad to finally talk
about this so openly, you know, you know, on the

(38:21):
backs of such a sad case.

Speaker 3 (38:24):
Problem here is I mean, in at least two of
the incidents, the problem could well be that that perhaps
you know, somebody had failed to double check, or they
had double checked and just not had their brain turned
on but in the one with the failing to send
the doctor back to the sort of failing to send
the passion back to the GP, what happened there.

Speaker 19 (38:41):
Yes, it's very hard for me to comment on that
case without knowing all the full details. But you know,
like I would always go back to saying, you know,
farmers are so definitely under pressure, like we're you know,
our work. You know, the way we're funded is that
we are being funded to do more prescription, like you know,
the You know, if we want our business to be vible,

(39:01):
we need to keep up with their amount of prescription
that we do. So you know, we're funded for volume,
rad and value. So you know that's always at play
every day in the community. Arm Zy, how we how
we manage our workloads that we need to go through
all the script If we don't hit the target, then
we're making a lost kind of thing, if that makes sense.

(39:22):
So there's always that pressure and it's definitely unsustainable because
our uplift hasn't actually kept up with inflation. So for
the last two decades we're doing the same type of
work for less. So in order to sort of keep up,
you know, keep our business vible, we need to dispense
more prescriptions, so that that is that is not sustainable.

(39:42):
Put it that way, and we need we need to
rethink that.

Speaker 3 (39:45):
Lannie, it's good to talk to you. Thank you, Lanny Wong,
Director of mung A Phi Pharmacy, thirteen past five. Ever
du for the l Yeah, you can't be mean to
vary about early on set dementia when you thought that
the latest quarter ends this week. Bas fair point bas However,
I blame Nikola Willis because this is what.

Speaker 20 (40:01):
She said, We'll be making an announcementth this quarter, so
that this quarter ends at the end of August.

Speaker 3 (40:09):
This quarter ends at the end of August. That was
about the supermarket announcement, by the way she said that.
Do you know what though, she said that on the
twenty eighth of July, and I didn't even think about
it on the day she said it, and I just
will Yeah, the quarter ends at the end of August.
Of course it does. Of course it doesn't. But you know,
I didn't even hear it. And then for the entire
month we've been waiting that we locked it in and

(40:29):
we were like, okay, announcements coming at the end of August,
and for the entire month of August. None of us
have tweaked to the fact that she got it wrong.
We've just been sitting here blithely waiting for it so
until today. So this means I don't know what happens next.
Do we get the supermarket announcement at the end of
August like she said, which means this week, or do
we get it at the end of the quarter, which
means she's got another five weeks. Anyway, I could go

(40:52):
either way. I'm going to talk to her. She's in fact,
she's coming into the studio after six o'clock. We have it.
It's the first time, I think that Isaura. Is it
the first time we've ever had a finance minister in studio. Yeah,
Laura's been here for like five hundred years, and she's
been here since before Larry, and it's probably the first time.
So it's a big what's Paul Larry? Since before Larry?

(41:14):
Was there even a drive show before Larry? So anyway,
what I'm trying to say is this is completely not
going to change your experience of listening to Nicolae. But
for us, we're gonna have to put the lippy on
this big deal. Fourteen past five They say in Spain
that the rain falls mainly on the plains. Here in
New Zealand, though rain just falls everywhere, doesn't it. We've
got rain on all terrain. So with all that rain,

(41:35):
you'd want a pretty decent spouting system on your house,
wouldn't you. Well, For over thirty years, Continuous Group have
been making spouting and facia and down pipes right here
in New Zealand, specifically for our conditions. They are the
original continuous spouting company that brought you the very first
spouting without all those annoying joints, and man was it popular.
And thanks to Continuous Group, more than three hundred thousand

(41:55):
Kiwi homes now find rain way less of a pain.
If you're building a new home or you're spouting just
isn't cutting it, I'd suggest you give the good people
at Continuous Group a shout. They're available nationwide. You can
find your local continuous spouting specialist at Continuous dot co
dot in z. Do not let the rain drive you insane.
Get the original continuous spouting at your home. Contact your

(42:15):
local Continuous Group at Continuous dot co dot in z.
That is Continuous dot co dot in z.

Speaker 2 (42:22):
Togeather Duplessy La.

Speaker 3 (42:23):
Eighteen past five. I've got fair bit of good news
for you. Actually, I'm going to come to some in
a minute, but first here's some good news. It's all
on for our international interest in buying great New Zealand businesses.
At the minute. Picks Peanut Butter is the latest. It
is now fifty one point three percent owned by a
Melbourne firm. The business has found a PIC Pecos still
holds a minority stake and is with us hat PIC. Congratulations,

(42:45):
Well thank you. Why do you sell the majority though?

Speaker 2 (42:48):
Pick?

Speaker 5 (42:50):
Well, because we needed the money and and so we
had we had big plans and we were getting sort
of stuck with sort of bit too much debt, and
you know, I'm ready to do other things like I'm
very happy to continue I'm doing I'm doing. I'm doing
marketing stuff. So I get out and cas bavies and

(43:11):
go to food shows and meet people which is what
I like, and force them to eat peanut butter. And
then I've got this beautiful bit of land out here
at Manaho where i am tonight and the gorgeous evening,
and I'm planting trees and looking after a bit of
wetland and fixing up an old house and doing you know,
sort of cool stuff.

Speaker 3 (43:27):
Oh that's fantastic.

Speaker 5 (43:28):
Yeah, I'm doing all the good stuff.

Speaker 3 (43:30):
So I mean, if you to sell the majority, though,
you'd have to have fair confidence that these guys are
going to keep on going with the good stuff that
makes your brand your brand.

Speaker 5 (43:38):
Right, absolutely, And I think we've been very lucky and
coming across Scale though, because they well they started off
really we started talking to them and we're having sort
of issues sort of getting hold of our peanuts. So
so I don't know if you heard, but the Peanut
Company of Australia, where we used to source all our
peanuts from, was sold to a competitive bigger in Australia.

(44:02):
And then the volumes of nuts kept dropping as the
land started drying out. And then about six weeks ago
the Peanut Company of Australia folded and they have been
going for one hundred and twenty odd years and so
it suddenly closed and there's you know, all the people
in Kingroy, they're all all unemployed and looking for something

(44:29):
else to do. So we've been really lucky. You've got
really good timing because Scales they've got such very cool
international relationships so they are very big peanut buyer, and
so they can get really good deals on the top
quality peanuts, which is what we love. And it's been
really it's been really useful. And they've also they've also
brought with them a heap of skills, the technical skills

(44:51):
and management's abilities. Are just good, good people. They've been
around for a long time and most of their staff
have been there for fifteen twenty years. It's fantastic.

Speaker 3 (45:00):
Oh that's brilliant. And listen, I'm stoked that you're going
to have a good time planting your trees. Enjoy that.
I can't imagine how much fun that is. I'd love
to be able to do it. Let's pick Peeko, the
chief executive of Picks Peanut Butter. Here the Where is Larry,
by the way? Is he happy and healthy? Yes? Very much,
very much so. Larry is floating around the place playing
the golf. Nicky is playing the golf with him. I

(45:23):
don't know it. Does Nicki enjoy the golf as well?
I don't think Nicki enjoys the golf as much as
Larry enjoys the golf, because you know, she finds herself
in a very similar relationship to me, which is when
you play your golf partner is prone to outbursts of anger.
I don't think this. I don't think this will take
you by surprise about laz get get a little crotchety

(45:43):
at his skills, do you know what I mean? And
so for NICKI, it's an emotional management. It's eighteen holes
of emotional management, isn't it. But anyway, they are very well.
The pair of them came to say the last time
I saw them was actually, I reckon. Baby must have
been about maybe two months, maybe two and a half months.
They came by and yeah, mid breastfeeding. You know how
it is mid breastfeeding when you sometimes when you when

(46:06):
you're breastfeeding in the summer, you just walk around without
a top on, and I do. I was doing that
a lot, just shorts, shorts and and birkenstocks and a
crop top like a little gym thing. I don't think
that Larry was expecting that. Let's just say that was
a shock to him. But we are friends like that,
so he's got over it. So I'm glad you asked
that question. Five two, cutting.

Speaker 2 (46:26):
Through the noise to get the facts.

Speaker 1 (46:28):
It's Heather do for Clan Drive with one New Zealand
coverage like no one else news talks, they'd.

Speaker 3 (46:34):
Be five twenty five. I tell you what I found
interesting in the last few days is the enormous surprise
at the start now the debate about Chris Bishop saying
it's a good thing that house prices are falling. He
was asked about this on Friday and he said, yes,
it's a good thing. We have got to decouple the
idea that the New Zealand economy is driven by house prices,
it's artificial wealth. The immediate response to that was shock

(46:57):
that anyone could say it, but especially a national part
Arty minister. And now three days later there are still
newspaper pieces expressing surprise that he's got away with it.
And in contrast, for example Mattia Tude who didn't got
smacked down for it, and just and Ardoun who wouldn't
go there. And what's more, the surprises that the Prime
Minister has now apparently contradicted him and said no, he

(47:18):
does want some modest and consistent house price rises. Look,
christ Biship has got away with it because he's right.
It is actually a good thing that house prices have
come back. It sucks. It sucks right now, quite badly,
doesn't it, because none of us feel wealthy as our
house prices drop away, And it is definitely prolonging the
recession because we're not spending like we normally would when
our house price values increase, which make us feel wealthy.

(47:39):
But it is the short term medicine that this economy
needs for improvement, because we cannot keep plowing our money
into property. We should be putting it into productive investments like,
for example, buying shares and picks or whatever. Now I
know people who are actually changing their behavior because of
what is going on with house prices. I know a
woman early forties thought about buying an investment property, but

(48:00):
will put her money into shares instead because it's much
of a muchness.

Speaker 6 (48:03):
Now.

Speaker 3 (48:04):
To answer the question of why Chris Bishop can get
away with it when mattedia two day got punished for
it and when Jasinda Ardurn wouldn't even go there for
fear of public backlash, is because it is already happening.
He's not threatening to do it to us like those
two birds might have. It is already happening to us.
He's actually said it before, by the way, so he
is consistent and maybe just maybe enough of us have

(48:25):
already realized that this is the pain we have to
go through, as much as we hate it right now,
for the sake of future generations. And also, by the way,
I like the fact that he said something that he
truly believes in rather than saying something that he might
have thought. We all want to hear together do for
Sea Ellen. We're going to talk to the huddle about that.
Also going to talk to the huddle and actually Chris

(48:45):
Carhill Police Association next about whether our new cops really
are as bad as the survey suggests. I'm going to
put this to you. I'm going to ask him this question, right,
is this not just another case of you know, if
you surveyed any business out there or any sat out there,
wouldn't we all complain about the new ones coming through?
Our new journalists suck. Oh, new police suck. Well, the

(49:07):
new waiters suck. Wouldn't we all say that? And isn't
that just what's happening? Anyway? We'll ask them about that shortly.

Speaker 21 (49:12):
Headlines now, hard questions, strong opinion, Hither Dupsy Ellen Drive
with One New Zealand tand the power of satellite Mobile
news dogsa'd be.

Speaker 2 (49:33):
Hither.

Speaker 3 (49:33):
I'm starting to worry about Chris Bishop. Wanting to move
downtown Auckland to Kingsland is one thing, but wanting house
prices to depreciate. I think he's got one more strike
left interesting, Paul. I don't feel like he's used up
a strike at all. Quite the opposite. I feel like
it's lovely to see somebody speak with conviction about something
they actually believe in, even if I don't love it anyway.
The huddle will give us their take on it shortly

(49:54):
and we'll speak to Nickolouillis, the Finance min of Staff
to six about it as well as twenty four away
from six Now. A survey of senior police officers shows
there's concern that the cops coming out of police college
aren't up to the job. This is the survey of
training officers found fifty five percent feel that new cops
were barely or not at all well equipped with knowledge
of arrest and charge procedures. Chris Carhill is the president

(50:15):
of the Police Association and with us right now.

Speaker 5 (50:17):
Hey, Chris, good afternoon.

Speaker 3 (50:19):
Either have they got something to complain about here or
is it just experienced people complaining about the youngies. Like
in every sector, there's a.

Speaker 5 (50:27):
Little bit of that.

Speaker 6 (50:28):
Look, there's some good stuff there that give you.

Speaker 5 (50:30):
The steer at the college where they need to put
some more time. But I think we've always said over
the years that the group after is aren't as good
as we were in as an element of that in
there there's some quite good stuff here. I was pleased
to see that the stuff where I'm driving, in tactical options,
firearms generally they thought the guys were doing recruits were
doing really well in those areas. But it certainly gives

(50:50):
a steer where they need to put more resources in
at the college.

Speaker 3 (50:54):
Not so good at the paperwork. Now, is that just
because no one's good at paperwork when they're young, or
is it because young people are coming out of school
not very good at doing the reading and writing? What
do you reckon?

Speaker 5 (51:04):
Well, I think it's a little bit that. I think
also it's an area that college needs to put more
time until we do know. We get a lot of
reports that they're not good at taking statements, chain of evidence,
preparation of stuff for really important. Not mess through the
sexy stuff, but the stuff that will catch you out
when you're out on the street and you start suddenly
going to court and putting files together. So it is

(51:24):
also stuff you sort of have to learn as well
as you do, but certainly an area to put more
resources into.

Speaker 3 (51:30):
I think, yeah, hey, thank you very much. Chris appreciated
Chris Carhill Police Association. It's twenty three away from six.

Speaker 1 (51:35):
The huddle with New Zealand Southeby's International Realty. Find your
one of a.

Speaker 3 (51:40):
Kind huddle with me this evening. Chosey PEGANI if Child
Fan CEO there in Tim Wilson of Maximums to shoot,
Hello you two?

Speaker 22 (51:48):
Hello, how are you going?

Speaker 3 (51:49):
What happened to you? Just syn Jos?

Speaker 5 (51:51):
I don't know.

Speaker 23 (51:51):
I was just vaguing out, thinking, oh, nice to do
Timmy and I forgot to say hello.

Speaker 3 (51:55):
I just watched that happen. I watch. You were looking
at me when I started saying your name. When I
said Tim's name, you looked away and it was like, Yeah,
what I.

Speaker 23 (52:03):
Was thinking is that you're going to go Joseph, you
got Child Fund CEO of Child Fund, Tim Wilson, CEO
of Maximums to It's like who would have guessed that
Tim and I would be CEOs?

Speaker 3 (52:16):
That's actually what was happening in my mind. But yeah, Tim,
I reckon, I reckon, it's just that the old cops
complaining about the young cops because, as as Chris said,
nobody's as good as us.

Speaker 22 (52:27):
Well, well, now that you're fully here that you know
it's an eternal truism that all young people are supposed
to be useless, and this just confirms.

Speaker 3 (52:34):
That we've got the data.

Speaker 2 (52:35):
Now.

Speaker 22 (52:36):
Look, thought I thought it was the was interest. I
mean Mark Mitchell saying, okay, as I boosted up from
sixteen to twenty weeks, Chris carl Is saying thirty weeks
compared to say, with Australia's twenty eight as.

Speaker 2 (52:48):
A police college.

Speaker 22 (52:49):
But my question is does more equal better? So I
get the point about maybe digging into a few more
arrest and charging procedures. But like him, I do like
the fact that firearms, technical, road stuff or pretty good.

Speaker 23 (53:01):
What do you think, Jersey, it's interesting. I do think
that the training needs to be longer. I think more
is probably better to when you think about it, it
takes three years to do a degree in gender studies
in twenty weeks.

Speaker 3 (53:13):
To you, I mean, you're firing around and getting drunk
every night and stolen during the day. So one thing
that takes three years, one thing I did oh at university. Yeah,
not police college. And they just efficient right because I
know a.

Speaker 23 (53:26):
Young guy who's I've known since he was six years old.
He's just joined the police. He's fit, he's smart. So
I'm thinking, if you can't train someone like him properly
and they're not doing reports and some one there's something
wrong with the training. Maybe. But the other thing I
thought about because it turns out they're really good at
shooting guns and tasers, but they're not very fat and
they're whatever according to the surveys. So I recoonis it's

(53:48):
a generation. It's just sat on the couch eating chips,
playing video game, shooting zombies and which is where?

Speaker 22 (53:55):
Which is where we started?

Speaker 24 (53:57):
Actually?

Speaker 22 (53:57):
But that to that point though, I reckon. Okay, so
at the end of police college yet get it. I
want to know what they're like after two years with
a senior staff member being with them. I'd like to
hear the feedback on that because that's where that's where
the real learning probably happens.

Speaker 3 (54:11):
They're not fat, they've got the desk job. It's fine
cruising around in the car. You get quite fat doing that.
What do you think, Josie about Chris Bishop saying he
wants the house prices to fall, I think good on them.
This is a politician. May be fair to him say
he wants them to fall. He said the fact that

(54:32):
they are falling is a good thing.

Speaker 23 (54:34):
Because what he's saying, and this is and he's a
politician with your right or left, who knows why he's
in politics. Total is on a mission right now. So
he's not afraid to offend some people by making a choice.
And the choice he's making is that rather than house
prices going up and up and up in a bubble,
which I love because I'm a house owner, he's saying,
I want the money not to go to houses. I

(54:54):
want it to go to the productive sector. I want
it to invest in businesses. So I actually take my
hat off to any politician who is prepared to say
what they will do and what they won't do. And
if you think of labor in the last government, they
could not choose between what the problem in housing was
was was it supply of social housing or was it affordability.
Those are two completely different problems and you're never going

(55:18):
to solve one of them if you don't make a choice.

Speaker 3 (55:20):
I totally agree.

Speaker 22 (55:21):
What do you think, Tim, Yeah, well you look at
what is Auckland's multiple today is seven point six times
medium wage to buy a median house. There's just out
of reach for so many people. Imagine three or four
times annual income, which is what it's like in the States. Now,
I just don't. I will warn you all never google

(55:41):
suburban Chicago. Four bedrooms, four bathrooms, twelve hundred square meters
and it's one point two million New Zealand. It's basically
a country estate.

Speaker 23 (55:51):
And why yeah, yeah, I'm never going to google that, Tim,
that's weird Google.

Speaker 25 (55:56):
Yeah, why what?

Speaker 22 (55:57):
It was going to make you drop because we compare
hearing that too, you know, three or four times median
income as opposed to seven point six times, which is
what it is an Auckland. So that's the comparison.

Speaker 23 (56:07):
Really brave about this here is that you know, every
other government, if you think about the John Key government,
they were really clear to say, oh no, no, there's
a wealth effect here. We know we don't all lose
that support. We're not going to say that house prices
have to go down. So he's actually he's taking a risk.
But actually, you know, voters respect it when you when
you say, hey, this is.

Speaker 3 (56:27):
A huge sense. Yeah. I mean, listen, we have spent
our entire lives reading body language, right, so we can
sense when somebody is dicking around and just trying to
say the thing that they think that we want to hear,
whereas as opposed to saying at the conviction, which he does. Josie,
do you think for that reason, if something was to
happen in luxe and fell under a bus, that actually

(56:47):
he would be the guy that takes over.

Speaker 23 (56:49):
I think he'd be a definite contender. Yeah, he's got
that kind.

Speaker 3 (56:52):
Of who else he's the guy? Well, and Erica Stamford
is the other po No, not well liked to Looboucus unfortunately.

Speaker 25 (56:58):
No.

Speaker 23 (56:58):
But when's that ever been a reason not to succeed.

Speaker 24 (57:03):
It's just counting popularity, contest threatened people.

Speaker 23 (57:06):
That's right to him, it's not And I think that's
the thing again, coming back to Chris Bishop. Yes, of
course you're in politics to win elections. That doesn't mean
you're in politics to be popular or.

Speaker 3 (57:15):
Light Yet totally, what do you think to him? Might
he be? Might he be the guy.

Speaker 22 (57:20):
Well, look, I think you've you've nailed something here which
is saying what you actually think. And we need we
need more of our politicians to do more of that,
I think. And that's that's across across the political spectrum,
not cow tewing to oh, here's what you know, here's
here's what the party line is. No, here's what I
think is actually true.

Speaker 23 (57:40):
Give us a name.

Speaker 3 (57:42):
You're dodging. My question takes over from luxam.

Speaker 22 (57:45):
If who takes a well, well, oh I don't know them,
sort of out.

Speaker 2 (57:48):
It could be.

Speaker 22 (57:51):
Quite quite like your Christine for too, because she's saying,
you know, she's she's doing great stuff in education. How
about a horse race, Stanford versus Besh, go for your life?

Speaker 3 (57:59):
Anything about Erica? But I know that Bush has got
two children and a wife, and a fluffy dog and
a cat I've never seen.

Speaker 23 (58:07):
And a mullet which he's now got rid of it.

Speaker 3 (58:08):
Yeah, well, and.

Speaker 22 (58:09):
Actually you know you know who I'm going to go
for Sime and Brown. Four kids, Now, that's what I'm
talking about.

Speaker 3 (58:14):
That's just because it matches your life. Okay, hang on
a tech, we'll take a break, come back to you guys,
and just to take sixteen away from six the.

Speaker 1 (58:20):
Huddle with New Zealand Southeby's International Realty, the global leader
in luxury real estate.

Speaker 3 (58:26):
You're back with the Huddle, Joseph A. Gunny and Tim Wilson. Tim,
have you got any concerns about the Reserve Bank independence
from the current crop?

Speaker 16 (58:33):
Oh?

Speaker 22 (58:33):
Look, I think it's obviously it's something that has to
be preserved. But I'm not particularly concerned about the Well,
I probably shouldn't have said that today, But then again,
if you look at the Reserve Bank's behavior, they're not
particularly compliant. They're clearly not doing what the government's saying.
And so you compare that with Adrian or who fire
host the Economy and was compliant. I think we've got

(58:55):
what you might call a productive disharmony here.

Speaker 3 (58:59):
I am not too worried about it, Josie, because I
think the Reserve Bank has been so wrong for such
a long time that that and it's a terrible thing
to say that. I'm almost fine with them losing their independence. Yeah,
very bad, very bad.

Speaker 23 (59:12):
That's very bad, Naught, Quel, because I think what Claire
Matthews said is right. Where the principle of independence has
to be maintained even when you agree with someone will
disagree with him. Right, and this is nowhere near Trump's
attacks on the head of the Fed, Jerome Powerwell, he
wrote a letter saying you're a fool and a numb
school and a stupid person, you know, which you know

(59:33):
is clearly biased.

Speaker 3 (59:35):
No, nobody's going to be quiet.

Speaker 23 (59:36):
I do think you have to be careful of political independence,
you know, and the pressure that you might put you
have protected.

Speaker 3 (59:41):
Yeah, I did think it was.

Speaker 23 (59:42):
Slightly weirder when when Christopher Luxen and Nicola Willis stood
up to take credit for the Reserve Bank dropping the
ocr which was even odder than criticizing or saying I'd
like the I'd like the Reserve Bank to do this because.

Speaker 3 (59:55):
It's not it's it's monetary policy.

Speaker 23 (59:57):
It's not meant to be anything to do with the government. Yeah,
so yeah, that was slightly odd. I don't think I've
ever seen that.

Speaker 22 (01:00:03):
Well, also, we're burying the lead here, which was was
the thing that I quite liked, which is Mike Hoskings
audition and audition for the governorship at the Reserve Bank.
I think he's got I mean, he's not doing much
in the afternoons. What do you, guys, reckon, is.

Speaker 23 (01:00:15):
That anything that man can't do?

Speaker 3 (01:00:17):
He does everything you do. Realize he's also running the country,
I mean a lot of them.

Speaker 23 (01:00:20):
And there he's Mayor of Auckland as well, secretly without taking.

Speaker 3 (01:00:24):
The personal number of things and he does the vacuum.

Speaker 1 (01:00:27):
Yeah.

Speaker 3 (01:00:27):
The number of things that he comes up with on
his show that they then adopt his policy is actually
quite staggering, isn't it, Tim.

Speaker 22 (01:00:34):
It's very It's very impressive. This is the problem with.

Speaker 2 (01:00:37):
Governor and the shadow.

Speaker 23 (01:00:39):
It's a fashion lord.

Speaker 22 (01:00:41):
No, wash your mouth out there, that's complete right.

Speaker 3 (01:00:42):
We're going to give him such a big head. Hey, Tim,
have you ever gone on holiday with because there's an
article on the paper today about going on holiday with
your friends and what a bad idea is in the
fact that you then fall out and never talk to
each other again. Have you ever done it?

Speaker 5 (01:00:53):
Yeah?

Speaker 22 (01:00:54):
Yeah, Look I read the article and I think the
takeaway is don't holiday with colleagues who you mistake for
your friends, who are actually dirt bags. This is not
actually about bad holidays. This is about a friendship crisis.
The fact that I think people have trouble finding true
friends and if you think, pull back a bit, no
one talks about Jesus' biggest miracle, which is the fact

(01:01:15):
that he had twelve friends in his thirties.

Speaker 26 (01:01:19):
Very good.

Speaker 23 (01:01:21):
I was just saying to Heather actually that I think
I've lost more friends than I've gained in the last
twenty years. And Heather's basically my best friend now, but
she doesn't know it.

Speaker 3 (01:01:29):
I didn't realize. Slightly alarming.

Speaker 23 (01:01:31):
So yeah, let alone going holiday with people. But that's
probably being a political commentators that.

Speaker 3 (01:01:36):
You lose friends, but they're not real friends if you
lose them, John See exactly true.

Speaker 23 (01:01:42):
But I have had some very uncomfortable experiences on things
like boating holidays where you're doing the dishes with your
rubber gloves and literally someone is sitting next to you
having a pooh, and that's like, I'm just really uncomfortable.
We did speak to each other again, but.

Speaker 22 (01:01:56):
Yeah, wait wait the doors shut, Josie.

Speaker 3 (01:01:59):
The doors shut. Well, it's just a weird sort of
paper door.

Speaker 6 (01:02:03):
Enough.

Speaker 3 (01:02:03):
It requires a lot of you've got it, you've really
got to escape. Hey, Tim, did you how was your cruise?

Speaker 22 (01:02:09):
By the way, Yeah, it was great, it was it
was It was fantastic, went with family, not friends, and
had a great time, time of life. Boys got their
hair braided on Mystery Island. We did the water slide,
I did the Twister. I didn't do the green lightning
because you drop eleven meters. But yeah, it was just

(01:02:30):
making memories. When you say, not a holiday, but it
wasn't a holiday. By the way, she's.

Speaker 23 (01:02:36):
Got a friend who's I've got this aura ring now,
And I've got friend who's got an aura ring. And
he went on holiday with his family and then came
back to work and he was the most stressed on
holiday with his family and he came back to work.
Or I said, you were in a very relaxed state.

Speaker 3 (01:02:49):
Oh, because family, it's hard.

Speaker 26 (01:02:52):
Yeah.

Speaker 3 (01:02:52):
Did you take when you say said you went on
holiday with your family, was it just you and the
four boys and your wife or did you take other members?

Speaker 22 (01:03:00):
No, I was there was wider family. Actually it was
my my birth father's family, so all of the Hollingworths.
So it was it was so lovely.

Speaker 3 (01:03:09):
Oh yeah, deep.

Speaker 23 (01:03:11):
But then Tim has so so many family, so much family,
so many children.

Speaker 3 (01:03:16):
But you can't fit in.

Speaker 22 (01:03:18):
And we always we always get we always get to
this Heather, and we can we can shout it out
when we go on holiday together.

Speaker 3 (01:03:23):
So jose yeah, listen, I'll come on holiday with any
of you guys and help out with the children if
you need. Thank you and I expected back. Thank you
so much, both of you. Joseph A. Ganney, Child Funds CEO,
Tim Wilson, Maxim Institute. Eight Away from six.

Speaker 1 (01:03:37):
It's the Heather Duplessy Allen Drive Full Show podcast on
my Ard Radio powered by News Talk ZB.

Speaker 3 (01:03:46):
Heather, if Bishop aspires to leadership, he needs to sharpen
his appearance. He speaks very well, obviously a prerequisite, but
he is someone who needs to wear a tie and
like some others, learn how to tie it. Phil sharpens,
you mean like Boris? Like Boris sharpened appearance before he
became the Prime Minister of the Yeah. I make the
point right, And I also don't feel like Muldoon was

(01:04:06):
the sharpest. Was he? I think we let a lot
of things slide if we like the person who's wearing
the suit badly. Now we're talking about the pharmacists just before.
This might alarm you. So there is a if you
look at read it, there is a page where someone
has said pharmacist, what mistakes have you made? And pharmacists
have just gone online and admitted all of these mistakes

(01:04:27):
that they've made.

Speaker 8 (01:04:27):
And it is well, they say they're pharmacists here.

Speaker 3 (01:04:30):
Well, I mean they've written things that you don't know
what they are, and they do. So I'm guessing that pharmacists.
Do you think people make things up.

Speaker 8 (01:04:36):
On Well, the point I'm making is that if I
was reading it, they could make up a chemical and
I would have no idea.

Speaker 3 (01:04:42):
Well there's that, okay, so be at that in mine.
Thanks very much for raining it. Literally. He could say
that about everything we say about the internet, but he
chose to say it then. But anyway, so, pharmacists, what
mistakes have you made? First pharmacist says filled oxyd codone
fifteen meals instead of five meals for one of my
favorite eighty year old ladies. She caught it freshout. Is
the next one fresh out of school? I just spends

(01:05:03):
torsimide one hundred grams instead of ten milligrams, one hundred
milligrams instead of pen ten milligrams. Patient was hospitalized and died.
We'll always remember that. Another one wrapped labels on a
bottle of l prasoleum XR and L prasilum ir for
one patient got to the patient, but they'd been taking
both of them for a long time and immediately recognized

(01:05:25):
the mistake, and blah blah blah goes on and on
and on. But the one one person answered this, Most
of the ones here are so mild, some so minor
they barely even count. I did about a decade of
retail in my past, and I average about two med
errors a year. Granted I was filling like one hundred
and eighty thousand scripts a year, so that's not too bad.
Probably fifteen to twenty med eras in that decade. Caught

(01:05:47):
five times as many as a floater off the top
of my head. I gave out amoxicillin instead of augmenting
bactrum ds instead of ss lozatum, wrong strength brackets, illegible
script am load P five instead of ten milligrams non
fe birth control that was supposed to be fe clinder.
My scene underdose called him by a dental receptionist that

(01:06:09):
I didn't clarify with the dentist himself. Patient was hospitalized
that time. I didn't catch any heat for it because
it was technically the officer's error. I dispensed a cream
or suspension ray unreconstituted probably five different times twice to
the same patient, Viagra instead of warfarin brackets, I don't know,
wrong vaccine administered brackets several times, wrong strength of fifty

(01:06:30):
different things. It just goes on and on and on. Anyway,
the lesson from it is, I mean, obviously, is to
be the lesson is I'm not even gonna mince my words. Yeah,
the lesson is to be alarmed, be alarmed by it,
and double check your scripts. Now that I've said this
out loud, every time I go into my pharmacy, he
makes a point of making me look at the thing
and can confirm it with him because he listened to

(01:06:51):
the show and he heard me saying that. But I
think it is a good lesson to don't you think, like,
if you're gonna get something prescribed, it takes five minutes.
Just have a look at it, Just make sure it's
the right dosage. Maybe google it, maybe do a I
don't know, chat, GBT or whatever. It's better than dying,
isn't it. Nicola Willis is with us next us talks.

Speaker 2 (01:07:07):
Edb what's up?

Speaker 1 (01:07:17):
What's down, what with a major cause and how will
it affect the economy? The big business questions on the
Business Hour with Heather Duplicy, Allen and Maz for Trusted
Home Insurance Solutions Used Talks.

Speaker 3 (01:07:31):
dB you've been coming up in the next hour, Shane
Soley's going to talk us through today's results. Tourism Holdings
on their results out today as well, and Gavin Gray
will do the UK for us right now at a
seven parsix and with me in the studio we have
the Finance Minister Nicolo Willis Nicola, Hello, hello here, thanks
for coming in, great to be with you. What brought
you up to Auckland? Was it the Hi?

Speaker 20 (01:07:52):
We at a press conference with the Prime Minister and
I had some meetings with some Auckland based business.

Speaker 3 (01:07:56):
It's very good, okay. Now do you agree with the
Prime Minister and what he said the morning that the
Reserve Bank should have cut sooner?

Speaker 20 (01:08:01):
Well, I think he was making a retrospective comment. And
if you went and talked to the Monetary Policy Committee
today and said, knowing what you now know, could you
have done things differently? You might find quite a few
of them would say, well, maybe would have done things differently.

Speaker 3 (01:08:14):
Do you know fortunately, because you know that well.

Speaker 20 (01:08:16):
Unfortunately, the Monetary Policy Committee, when they make decisions don't
get the joy of being retrospective. They have to deal
with what's happening in real time, and they've often got
uncertain data. They're trying to predict a bit about what
the future will show. And what they clearly decided at
their last rate announcement was actually things have panned out
worse than we had imagined, and therefore more stimulus is

(01:08:37):
required and we need to lodge in another.

Speaker 3 (01:08:39):
Action in the rate. It's not trampling on their independence
because it's talking about what they've done rather than what
they should Exactly.

Speaker 20 (01:08:45):
If the Prime Minister had said this is what they
should do next time, that would have been an overstep.
He did not say that. He said retrospectively, things have
played out differently than the Monetary Policy Committee might have imagined.

Speaker 3 (01:08:56):
What about your involvement with the Capital Requirements Review is
that of stepping the independence?

Speaker 20 (01:09:00):
Absolutely not, because under the legislation I get to issue
what's called a financial policy remont and in that financial
policy remitt I specifically asked that the Reserve Bank give
more emphasis to banking competition and efficiency. They've picked that up.
I also wrote them a letter of expectations about what
that might involve. They've picked that up and consistent with
their legislative requirements, they've said, okay, well that's one of

(01:09:23):
the factors we'll consider here. They've also considered the Commerce
Commission's inquiry, They've considered Parliament's inquiry, developments that have happened internationally,
and the evolving deposit compensation scheme here. So all of
those factors contributed to the Reserve Bank doing a review
of capital settings.

Speaker 3 (01:09:39):
Would you appreciate it? Would you accept you? Guys at
towing the line on the independence thing.

Speaker 20 (01:09:43):
I think we are supporting the Reserve Bank to be
independent because that's very important and we want to safeguard that.

Speaker 3 (01:09:50):
And well, do you have a preference on which of
the two outcomes come from the review?

Speaker 20 (01:09:54):
No, I'm not going to take a preference on that
because I think it was a trick question. Yeah, because
I think it's important that the Reserve do this transparent
feedback process to understand from the different players involved, how
would that affect them. Would it have the impact they
think it would on competition, on the price of lending,
because what their report today says is they think under
all of these scenarios it will lower the cost of

(01:10:15):
borrowing for the New Zealanders, lower it more in particular segments,
including some parts of residential mortgages, agricultural lending, community housing providers,
and that all things being equal, that could actually be
a supporter of more economic growth in the future. Yea,
So those are positive things. The detail is where it counts.
It's their job to understand that detail and to make

(01:10:37):
decisions on it.

Speaker 3 (01:10:38):
Now, have you heard about our confusion about when your
supermarket announcement is coming.

Speaker 27 (01:10:42):
I haven't heard about that concusion.

Speaker 3 (01:10:43):
But you said to us you said it would come
at the end of the quarter, which is the end
of August. But the quarter ends at the end of September. Correct,
So is the supermarket announcement coming at the end of
the August or the end of the quarter.

Speaker 20 (01:10:55):
Well, the Prime Minister's made clear it will happen this quarter,
which I view as the end of September. But I'm
not going to reveal on the show today when that
announcement will happen. What I will tell you, though he's
a little exclusive, is that when I announce it. It's not
going to be the grand silver bullet to solve all
supermarket issues. What it will be is an update on
the work that we have been doing as you know.

Speaker 3 (01:11:14):
No, it's an announcement of an announcement.

Speaker 20 (01:11:16):
No, No, there will be deliberate and specific actions that you
have not heard about before.

Speaker 3 (01:11:20):
Okay, but you're definitely tempering our expectations, aren't you.

Speaker 20 (01:11:24):
I'm not going to be announcing an international supermarket chain
which factory stores is going to be opening up next month.

Speaker 3 (01:11:30):
All right, So when do we get the big silver bullet?
Do we get one?

Speaker 20 (01:11:33):
Well, what we have to do is create the conditions
in which a new entrant or an existing player feel
that they can expand. Now, that is a commercial decision
for that entity. I think the government's job is to say, Okay,
what is the red teap tape that would stop you
doing that? What are the regulatory barriers, what is the
uncertainty about the competition framework that might prevent you? If

(01:11:56):
we can clear all of that out of the way
and we turn be stressed, what then would stop you?

Speaker 27 (01:12:03):
And so that's the approach of the reason.

Speaker 3 (01:12:05):
Me like, you're never going to give us a silver bullet.
And there's going to be no big announcement, it's just
going to be laying the groundwork.

Speaker 20 (01:12:09):
Well, we are making very good progress and we have
a number of irons in the fire, and I'll be
looking forward to making an update on it.

Speaker 27 (01:12:15):
But not today this quarter.

Speaker 3 (01:12:17):
Though not not right. Who are these merchants of misery
and doom and doom say it is?

Speaker 20 (01:12:23):
Well, I'm a little bit frustrated by the way that
that has been taken out of context. My point was
that the Reserve Bank have given forecasts about the economic
future in which they say they see unemployment falling, they
see growth coming back, and inflation stabilizing. My point was
it's not me saying that the Reserve Bank are independent.
They're politically neutral, as we've just discussed, and so those

(01:12:45):
who say, oh no, we don't believe that, we don't
believe it. You know, sometimes they are coming from a
politically motivated perspective to say that.

Speaker 27 (01:12:53):
Equally, I get it.

Speaker 20 (01:12:55):
New Zealanders have been through an incredibly tough few years
and for some of them it feels like there have
been a few false storms.

Speaker 3 (01:13:01):
Who will there have been a lot of false storms,
aren't there? But who are these doom sayers.

Speaker 20 (01:13:05):
Are the people on the other side of me in Parliament.
They tend to come from the Greens and Labor and
if you were to believe Chloe Spawborough and Barbara Edmonds,
it doesn't matter what the government does.

Speaker 27 (01:13:13):
The end of the world is ntcause.

Speaker 3 (01:13:14):
Because how it's been interpreted is that you're saying everything
is too is just absolutely fine.

Speaker 27 (01:13:19):
Not my view. Heither not my view.

Speaker 20 (01:13:21):
You acknowledge it's tough out there, absolutely very tough, and
particularly for some businesses, particularly I think of those small
businesses who had to struggle through COVID, often took on
a lot of debt to stay open and keep staff on,
went through very big price spikes, then got hit with
high interest rates on the debt they had outstanding, and
are now struggling to keep going. I do think that

(01:13:42):
actually it is my responsibility to look those businesses in
the eye, as well as the many households who depend
on them, and say, I can with confidence tell you
that the steps the government is taking mean that we
can forecast that conditions will be objectively better.

Speaker 3 (01:13:58):
That is the.

Speaker 20 (01:13:58):
Case, and I think it's important that I give them
that sense of hope and purpose At the same time,
I don't deny it, whether you are a big business
a small business. In New Zealand household there are many
people who continue to do it tough, and they very
much on our minds.

Speaker 3 (01:14:10):
Okay, cool, Now do you agree with Chris Bishop that
it is a good thing that house prices are falling?

Speaker 20 (01:14:15):
I agree with him that house prices needed to fall
from where they were. They went up thirty percent in
a year that is obviously objectively unsustainable, both from a
financial stability perspective, but also just from a what kind
of a New Zealand do we want to live up?
Because I'm with him, I want this to be a
property owning democracy in which normal working people look forward.

Speaker 27 (01:14:36):
To owning their own home.

Speaker 20 (01:14:37):
And so what that's about is the ratio of incomes
to house prices that had become unsustainable in New Zealand.

Speaker 3 (01:14:43):
But also we're putting our money into the wrong stuff.

Speaker 20 (01:14:45):
Well, we want to see a productive economy being driven
by real growth, not just New Zealand's trading houses with
each So.

Speaker 3 (01:14:52):
Do you think like I do, that house prices will
never again increase at the rate that they were not
even during COVID, during the weird years. But even before that,
when they were galloping along at a good rate, I
don't think that ever happens again.

Speaker 20 (01:15:03):
Well, our government is trying to correct the imbalances that
allowed that to occur, which in our view was that
we artificially in New Zealand constrained the amount of land
available for housing. The Resource Management Act became a massive
stop sign when it came to doing a new housing development,
when it came to building an apartment, and it slowed
down the supply of housing so that even when interest

(01:15:24):
rates were really low, there were lots of people wanting
to buy houses, no one could build quickly.

Speaker 3 (01:15:28):
So you're doing what you can basically as a government
also to stop house prices increasing at the rate that
they were, which is a steady little tick along for years.

Speaker 20 (01:15:35):
Well, what we're doing is what we can mean that
housing supply can respond to actual demands, so that with
a growing population, we're building enough houses for everyone. So
you don't get a situation where you have unsustainable rent increases,
where you have growing numbers of people depending on the
government for housing, where you have house prices being so
out of control that normal people on an average wage

(01:15:56):
can't even dream of owning a house. Now what the
Treasury forecast as we are going to continue to see
moderate house price growth over the coming years. And I
know that that will be of some comfort to those
people who are sitting there looking at the big mortgage
that they racked up when prices were very high. But
over time, the best thing for New Zealand is that
we actually have house prices which are sustainable.

Speaker 3 (01:16:19):
Yeah, totally. Did Simeon have a boy or a girl?

Speaker 27 (01:16:22):
He had a boy, did he?

Speaker 3 (01:16:24):
Yeah?

Speaker 27 (01:16:24):
Indeed he did.

Speaker 3 (01:16:25):
That's lovely.

Speaker 20 (01:16:25):
He's got two boys and two girls now, which I
happen to think is the perfect arrange because you.

Speaker 3 (01:16:30):
Have this arrangement too. This is good. Hey, thank you
very much. Nicola really appreciated. Nichola will Is the Finance
min It's a sixteen past six.

Speaker 27 (01:16:37):
Thank you.

Speaker 1 (01:16:39):
It's the Heather dupas Allen Drive Full Show podcast on
my Heart Radio powered by newstalg Zebbi.

Speaker 16 (01:16:47):
Here.

Speaker 3 (01:16:47):
The immigration was what drove house prices up, and immigration
has now dried up, and that's probably the question that
the minister should answer. That's from granted, that's actually a
fair point. The immigration has dropped off massively, which is
causing all kinds of funny little things to happen in
the economy, isn't it nineteen pars six and Shane solely
harbor asset management is with us. Now Hey Shane, Hello, Heather. Okay,
So the US Fed governor has opened the door to

(01:17:09):
the rate cats. Did this on Friday. How did the
markets react?

Speaker 26 (01:17:12):
Well, said he was speaking at this big jam barreo
for economists and politicians called Jackson Hole. It was more dubbish.
So he opened the door up for cuts in September.
But he's not pre committing. The key change for markets
was he's not just first to keep focusing on inflation.
He's also talking about labor markets and there have been
about week. He also talked about terraces and suggested that

(01:17:34):
maybe it's less of an inflation rist and the previously
talked about. But he's going to wait for some data
here that is coming up this week on Friday, and
news the on time what's called the Core Personal Expenditure
measure that's out on Friday, and then in August, he's
got the August unemployment data out middle of the month
next month. I should say that'll be important to him.

(01:17:56):
Pushing the button on go in September. Market liked it.
We saw the US shear market up one and a
half percent. US bond yields, this interest costs went down.
UIs dollar went down as well. Not much of a
pass through here, we're our shoemaker here today was about
zero point three percent, but helpful. So, yeah, we've got
an opening up of the taps.

Speaker 3 (01:18:16):
Did you see that retail sales data out today?

Speaker 26 (01:18:19):
Yeah, it was a surprise, you know, with the marketing
in expecting a negative number, it actually came out positive,
up zero point five percent for the quarter to a June.
And even if if we take out automotive, which can
be quite lumpy, it was up zero point seven percent.
So we've got a bit of growth out there in retail.
But you know, we just sort of look make the
observation that retailers have been doing a lot of deals

(01:18:41):
to stimulate activity. Everybody knows that qui's love a bargain
and retailers have been working hard to do that. So
just to pinch your salt theer, but nonetheless it does
suggest that we've seen the bottom of the New Zealand economy.

Speaker 3 (01:18:52):
Yeah, how good please to hear that. Now, what did
you make of today's company.

Speaker 26 (01:18:55):
Results, Yeah, actually pretty solid scales was this is the
US on Horticulture and supply chain company. There was the
best result on the day. Shap price is up three
percent Courus. That obviously brings our broadband into our many
of our homes. Stock price up two percent, mainly because
it went into an Australied yar market index lines company

(01:19:15):
Victor the ship Rice up two percent up. The company
delivered a really good result and some positive dividend guidance.
Industrial property own a property for industry. That share prices
up one and a half percent. Good solid result, talk
about more development. Share price of recreational vehicle. We're into
company tourism holdings that was flat on the day, even
though the company management team we're talking about, hey, thinks
are getting bit better out there. We're seeing some improving

(01:19:38):
rental demand. And finally still on Tube share price down
just over four percent. A pretty weak result from them,
really highlighting what's been a very tough diusy on economy.

Speaker 3 (01:19:47):
And so what do you make of how things have
gone in this reporting season so far for US?

Speaker 26 (01:19:51):
Yeah, it's actually been better. We're actually seen better in
that there's less negatives. That's a bit of a double
many in there. We're seeing less negatives. Companies are heading
expectations and a lot of that's about costs come in
better and expected revenue still a bit choppy, but costs
are coming in and any outlook statements they're pro It's
still cautious, but not as cautious as they have been

(01:20:13):
so generally better.

Speaker 3 (01:20:14):
Good stuff. Hey, Shane, always good to talk to you. Thanks,
we'll talk to you next week. That Shane solely Harbor
asset management. Those retail figures that came out today, they're
from HSBC, and what they showed was retail was up
zero point five percent quarter on quarter. Now, that is
better than anybody thought. HSBC, which is always very very
optimistic of late, they're definitely leading the charge in optimism.
They thought it was going to come at zero point

(01:20:36):
three percent, so it beats it at zero point five
percent market as Shane was saying, thought it would be
zero point three percent down. HSBC reckon. This is a
sign that the Reserve Bank might be wrong with how
miserable they were last week, and they reckon the start
of the upswing that we're starting to see here six
twenty three.

Speaker 2 (01:20:51):
Approaching the numbers and getting the results.

Speaker 1 (01:20:53):
It's Heather Duplan with the Business Hour and MAS for
Trusted Home Ensurance Solutions.

Speaker 2 (01:21:00):
News talks'd be whither.

Speaker 3 (01:21:02):
I'm really sick of hearing winging about how bad businesses
are doing and when you contact them, they don't bother
to reply. For example, I'm trying to book a photographer
on y heckare zero zip nada? Donna, Thank you, Donna,
you speak my language. I'm shocked at the number of
people out there who but maybe they've given up, like
maybe it's past the point of no return for their
business and they just stop stop answering the emails and stuff.

(01:21:25):
But yeah, friend of mine and I, Rachel, she knows
how she is. We love to winge about trades people
not answering phone calls, and you think, oh, I thought
it was tough out there, you needed all the business.
But they just they say, oh, yeah, we'll come around tomorrow,
and then they don't come around tomorrow. It's remarkable. Anyway, Hey,
this is news that's just come out from TV and Z.
They are going to launch a pay TV offering our

(01:21:45):
last Sky TV. This is what they're doing now, They're
going to coincide it with next year's FIFA World Cup,
all of the all Whites matches are going to be
available free. Some other selected games will be available free
as well, but if you want to watch all of
the matches at the World Cup, you'll need to pay
for an event pass on TV and Z Plus. It's
about bloody time. I'm stoked that they've got great content there.

(01:22:06):
They need to put it behind the paywall, including a
most importantly Bluey obviously six twenty seven in some showbiz news. No,
I'm just jogging if it's not the Crown, but it's
kind of like the Crown. It's the Royals. It's not
the real Royals, it's the home brand Royals. It's Has
and Mesa. They've got that big Netflix steel that that's

(01:22:28):
worth apparently about one hundred million dollars and it's got,
you know, brilliant content. It's created like with Love Megan,
which no one's watched. But apparently they're now looking to
do another documentary about Diana. It would likely involve interviews
from Harry on his mum, who he wrote about in
his memoir.

Speaker 28 (01:22:44):
Although my mother was a princess named after and goddess,
both those terms always felt weak people routinely compared her
to icons and saints, from Nelson Mandellen to Mother Teresa
to join the varc but every such comparison, while lofty
and loving.

Speaker 3 (01:22:59):
Also I can not wait. It would come out in
two years, which would be thirty years since her death.
Let's be honest. We're not interested in their lives. We're
just interested in the lives of their family. So it's appropriate.
News is next, whether.

Speaker 1 (01:23:16):
It's macro microbe or just plain economics. It's all on
the Business Hour with Heather Duplicy, Hellen and Mas for
Trusted Home Insurance Solutions. These talks that be can here
you were.

Speaker 14 (01:23:29):
My head when I'm dreaming you.

Speaker 3 (01:23:37):
A number of stories I'm getting, by the way, on
the text about prescription mets. Either I got home from
the pharmacy with the dose of opioids that were four
times the amount that the doctor prescribed. In a phone
call to the pharmacy said, oh sorry about that, just
bring them back. I'll give you the correct ones. Well,
but to be fair, what do you expect them to say?
This is their job, Like if I get something wrong,
I'd be like, oh sorry, did I defame you? Oh?

(01:24:01):
Oh sorry, yeah, sorry about that. What else can I do.
That's the risk of my job. They give you drugs
that can kill you.

Speaker 2 (01:24:07):
You know.

Speaker 3 (01:24:08):
It's not like the builder who just put the wrong
I don't know, the painter who painted at the wrong color.
Oh sorry, I'll fix it, you know. Anyway, This is
why I say, double check, double check, double check what
they do because it can kill you. Twenty four away
from seven Heather do for Clen Tough Annuel result for
Tourism Holdings today, but the Campathan company is still bullish
about the future. THHL has posted a net loss after

(01:24:30):
tax of nearly twenty six million dollars, but that includes
a number of one off adjustments as such as non
cash impairments and so on. The company is still confident
that it will exceed one hundred million dollar net profit
after tax a year on average over the next three
to four years. Grant Webster is Tourism Holding CEO.

Speaker 8 (01:24:46):
And with us, Hey, Grant, good a, how are you.

Speaker 3 (01:24:48):
I'm well? Thank you? Do you reckon You're through the
worst of it?

Speaker 25 (01:24:51):
Yeah, we do. We think that we've passed the bottom
of the cycle learnings and as we say, you know,
it's an inflection point. We're ready to charge a head.

Speaker 3 (01:25:00):
Why do you think you're through the worst of it.

Speaker 25 (01:25:02):
Well, look, the first primary thing is we're a core
of our business is about rental revenue and that tourism
environment still remains really really positive. Then, on top of that,
we've got ahead of the sort of the fleet excess
issues that we've had over the last of the twelve
eighteen months. And the third one is we've got some
really good cost savings coming through the business. So you

(01:25:23):
put those three things together and it definitely looks more
positive than the outlook.

Speaker 3 (01:25:27):
Did I see somewhere that you're considering or are selling
off the UK division.

Speaker 25 (01:25:32):
It's under I know that it's political terms, but it's
under strategic review, so we're not saying definitely that we'll
sell it. But look, that business has got about sixty
million dollars worth of funds New Zealand dollars and it's
not delivering a profit, has it for a little while.
So it's right for us to challenge ourselves pretty harshly
on where it sits and why it's with the business.

Speaker 3 (01:25:51):
Yeah, what about the tariffs? How are you finding them?

Speaker 25 (01:25:55):
Well, not a lot of fun, to be fair, I guess,
you know, interesting customers from the EU to the US
have been talking about price borders, and you know the
tariff's being the Trump drifector, So what what is it
that really motivates and go to the US. At the moment,
it's it's been challenging this year, but we see some

(01:26:17):
upside next year, but not for a few months to come.

Speaker 3 (01:26:19):
Hey, what happened to the buyout? Why did that fall over?

Speaker 16 (01:26:23):
Well?

Speaker 25 (01:26:24):
On August the fourth, we gave the feedback to BGH
Consortium that we thought the value of TL was well
north of three dollars. They had offered two dollars thirty
this year, so it's been quite since then, so we'll
see what happens from here.

Speaker 3 (01:26:38):
Okay, do you are you expecting something else, maybe like
a little rethink?

Speaker 25 (01:26:43):
Well, no doubt they are thinking to some extent, but
we know from watching what they do with other situations
that they'll either hold and watch or who knows what.
So not really for us to speculate, but it'll be interesting.

Speaker 3 (01:26:56):
Grant, what do you reckon we need to do to
get tourists back in the in this country the way
that they were with us pre COVID. Is that even
a good idea?

Speaker 25 (01:27:05):
Yes, it's a good idea. We have plenty of space
and availability in this country. We can definitely get back
to our pre COVID level numbers and beyond. Yes, there
are some infrastructure things that need to be sorted out
in places like Queenstown, but don't let that stop the
ambition of tourism getting ahead of dairy again from an
export earning perspective, So what do we need to do.

(01:27:27):
We need to increase their capacity and that's been an issue.
We need to invest in events, and we need out
the cruise industry, and we do those three things and
I think you'll see that numbers will really start to
increase dramatically.

Speaker 3 (01:27:38):
Are you talking about investing in events in Auckland in particular.

Speaker 25 (01:27:42):
Well, Auckland is the center of events in the country,
but you look in December last year, we had a
record December because of the World iron Man Games that
were on in Tolpo. So it doesn't have to be
Auckland centric. It can be across the country. To look
at the fief of Woman's World Cup, that made a
huge difference across country. So left like overly Auckland centric,

(01:28:02):
but of course that's where most of the events are held.

Speaker 3 (01:28:05):
I'm trying to figure out what went wrong. I mean,
we had all of these fantastic events and now we
don't anymore. So what happened?

Speaker 25 (01:28:11):
We stopped funding it?

Speaker 3 (01:28:12):
Who did.

Speaker 5 (01:28:14):
Well?

Speaker 25 (01:28:14):
Across the board? We the government funding that was going
into large scale events reduced and we haven't been supporting
them to the same extent, from both local councils and
central government.

Speaker 3 (01:28:25):
Okay, I know that Auckland Council's funding dropped off, but
are you saying the government's central governments funding dropped off too.

Speaker 25 (01:28:30):
We have not had the same amount of major event
funding as we did pre COVID.

Speaker 3 (01:28:37):
Okay, yeah, yeah, I think you might have a good
point there actually, And how do you feel about the
economy in New Zealander? Reckon, We've turned a corner.

Speaker 25 (01:28:45):
Oh, turning slowly. It's interesting, As you know, THL operates
around the world. We certainly see Australia as in a
better place than New Zealand right at the moment, and
from a tourism perspective, I think it's got a really
positive few years to hit. Canada actually has all the
terriff issues going on, but feels reasonably positive. New Zealand

(01:29:05):
definitely turning the corner. We've seen that in our action
manufacturing businesses starting to get some contracts and transport and
so forth again, so starting to turn the corner bit
some time to come, you know.

Speaker 3 (01:29:18):
Grant, I feel like obviously a lot of what we've
gone through is the whiplash that is the result of
all of the COVID spending and stuff like that. So
there's been like really crappy management of the economy, both
fiscally and monetary that we're now paying for. But I
wonder also, I'm starting to feel as if maybe some
of this is us just having to take the medicine
for some bad things we've been doing, like investing in

(01:29:39):
housing and stuff, and perhaps this is a correction that
we've been that's long overdue.

Speaker 25 (01:29:43):
Is that possible, Oh, look, it's entirely possible. I think
when you look at New Zealand's ambition, it feels like
that's a bit of what we've lost. Yeah, you know,
you look at that attitude to say, actually, we're going
to take on the rest of the world, We're going
to grow into other countries. You know, all everything seems
sluggish and so yeah, I look, I'm a firm believer

(01:30:04):
and the whole Let's stay positive, let's be realistic about
where we are, and I think tourism is a good
example of that. Right, we really can grow this economy
if we're open to these kinds of tourism opportunities. So
let's get on with it.

Speaker 3 (01:30:18):
So what is it that caused us to lose our ambition?

Speaker 25 (01:30:21):
I do personally, I definitely think it was just that
drag of COVID And for some reason, when I look
around the rest of the world, other countries just and
I travel a fair bit for this business, other countries
feel like they've just leent into things and just got
on with things. To a greater extent, we seem to
have got ourselves into a bit of a rut. But

(01:30:42):
as you said, maybe turning the corner.

Speaker 3 (01:30:44):
Yeah, hopefully. Hey, Grant, thank you was always I really
appreciate talking to you. That's Grant Webster, Tourism Holding CEO.
It's coming up seventeen away from seven.

Speaker 2 (01:30:50):
Heather do for sel Mary Richardson.

Speaker 3 (01:30:53):
Shout out to Mary Richardson, who was the CEO of
christ Church City Council. I'll tell you what, it's not
every day on the show that you get shout out
to a city council at least of all the CEO
of a city council, but this one deserves it. She
took over from Dawn who was the CEO there before,
and then she took at Dawn Baxendale by the way,
and then she took over as the interim CEO. This
is Mary and filled in there for a little week

(01:31:15):
while they were like, Mary's doing a good job. Mary,
would you like to be the CEO? And she's like yep.
And they were like, would you like a pay increase?
And she said no. Who Ever says no to a
pay increase, Mary says no to a pay increase. She
says leadership in public service isn't just about delivering results,
it's about upholding values. It is important to acknowledge the

(01:31:36):
realities our community is facing, especially the financial press says
many residents are currently experiencing. Now, how much of a
legiond is Mary for saying that because rates have shot
up massively, so is christ Church. You don't know how
lucky you are to have a CEO like that who's
prepared to not take the pay increase so that you

(01:31:56):
don't have to pay the rate increase to pay for it?
What an absolute champion. More of that please? Sixteen away
from seven Everything.

Speaker 2 (01:32:03):
From SMS to the big corporates.

Speaker 1 (01:32:05):
A business hour with Hither duplic Ellen ands for Trusted
Home Insurance Solutions, News Talks.

Speaker 3 (01:32:12):
Env Either I had someone else's name or my prescription
last week, Well, as long as it was the right prescription, Chris.
I'm not too worried. It's not going to kill you,
is it? Thirteen away from seven Gavin Gray, UK correspondent
with US. Now, Heykevin, hither have that right? So if
you've been convicted of a crime, is it possible that
you might not end up you might be you might
end up being unable to go to a parb or
a concert or sports match.

Speaker 24 (01:32:33):
This is what the government are looking at, yes, So
non custodial terms is the thing, in other words, where
a court imposes a sentence which is in a prison sentence,
and the reforms that the government is looking at here
in the UK are effectively going to give those courts
more power to hand out things like driving and travel bands,

(01:32:55):
as well as offenders being told to remain in specific
areas and that could mean yeah, that they can't go driving,
that they can't go abroad traveling, and also that in
certain certain circumstances, it's thought that that might be a
ban on pubs, concerts, and sports matches, things that matter

(01:33:16):
to certain people, and therefore they will think potentially twice
is the theory about committing a crime. There was a
review of a sentencing policy recently which came out recommending
fewer custodial sentences for less serious offenses. Why we have
got massively overcrowded presence here, They're simply out of capacity.
So we've already been reporting, haven't we, on how some

(01:33:39):
prisoners are being released earlier through their sentences, And now
we're getting this idea that fewer people are going to
be sent to prison in the first place. Everyone is
not comfortable with this, but I think you do hear
of a number of people who have been sentenced to prison,
you think is that really the best way to have
dealt with them?

Speaker 3 (01:33:55):
So I see France is upset with Charles Koshner.

Speaker 2 (01:33:59):
Yeah, very upset.

Speaker 24 (01:34:01):
And this is all over a letter, an open letter
that he wrote in the Wall Street Journal. It was
a letter, an open letter that he wrote to the
French President Emmanuel Macron, in which he basically criticized France
for failing to tackle a surge in anti Semitism. Now,

(01:34:21):
of course, the name is very familiar, Charles Kushner. He
is the father of the US Donald Trump's daughter Ivanka,
and sorry, his son is married to Donald Trump's daughter Ivanka.
And Charles Kushner is also the US Ambassador of Paris.
And Kushner said there had been an explosion of hatred

(01:34:43):
towards Jews in France since the war in Gaza began.
And he carried on really criticizing pretty much in this
letter what have been going on, said that he stood
ready to work with Emmanuel Macron and other French leaders
to forge a serious plan to tackle it. In France,
he said, and I quote, not a day passes without
Jews assaulted in the streets, synagogues or schools faced, or

(01:35:07):
Jewish owned businesses vandalized. Your own Interior ministry has reported
anti Semitic incidents, even at preschools. And he said it's
not good enough. France isn't doing enough to stop this,
and Macron has got very very upset and annoyed, so
they've summoned the US ambassador for those talks. Be very
interesting to be a fly.

Speaker 2 (01:35:25):
On the wall.

Speaker 24 (01:35:25):
There is he right or wrong? Well, I'm afraid to
say that along with the UK and other European countries,
we are seeing a rise in anti Semitic crime owing
to the fact that people are so infuriated about what's
happening in Gaza, and many do not believe the Israeli
States official verdict of the getting food supplies in. And

(01:35:48):
that said, are France doing enough? You know, it's one
of those things that is very difficult, isn't it to
try and stamp out and stop. But the idea that
I think France is doing nothing is very unp It's
possible that they just perhaps aren't putting enough effort into
finding those responsible for some of these incidents of vandalism.

Speaker 3 (01:36:07):
Yeah, hey, thank you very much Keavin for running us
through that. That's Kevin Gray, UK correspondent. Chorus just click
update on more reporting today. Chorus back in the black.
Four million dollar net profit for the year to June.
That's compared to last year's loss of nine million, So
they'll be pretty pleased about that. Got there by cutting
stuff and some strong cost management. Full year dividend not
bad dividend actually fifty seven point five cents per year

(01:36:31):
nine away from seven.

Speaker 2 (01:36:33):
It's the heather too.

Speaker 1 (01:36:34):
For see allan Drive full show podcast on iHeartRadio powered
by newstalk ZEBBI.

Speaker 3 (01:36:41):
Here here's another one with the pharmacy problem. Jase from Queenstown.

Speaker 2 (01:36:46):
Here.

Speaker 3 (01:36:46):
A few years back, I had an operation and I'm
in recovery from addiction, and I made it very clear
not to give me any OPI eight opioid opioid, opiate
obeit op obeit. Thanks Hans, opiate based painkillers. All the
person prescribing the meds didn't I think that they needed
to be held up to that, and prescribe me a
very strong opiate based painkiller. And thankfully, my chemist, who
knows my recovery journey, questions if that's what I wanted

(01:37:08):
or not knowing my history, my chemists help me in
that sense. I don't know what anyway, this this text
no longer makes any sense to me, Jason, but I
get the point. The point is the chemist helped you out,
and there's a case of a chemist knowing what they
need to know. By the way, can I just say
I was very pleased this morning when I was listening
to Ted talking to Mike and Ted said this about rugby.

Speaker 16 (01:37:31):
I think the rule book's too complicated. I think they
should blow it up and start again. Quite frankly, Now.

Speaker 3 (01:37:37):
Why I was thrilled about that is because, yes, I
do say that a lot on this show. I say
it a lot, and I say the rules suck, but
nobody listens to me because I'm a girl from the office.
They're like, oh, listen to that girl. Oh what does
she do? She sits around in an office ordation, didn't
know what she's talking about. She didn't know rugby. Then
Ted says it, and they go bang on, bang on,

(01:37:57):
and look, I understand that's human nature. I know it's fine.
I mean Ted has more credibility in rugby than I do,
for very good reason. But I just want to point
out that when Ted said that, I have been saying
that for a long time, and maybe I'm not as
dumb as you think I am. Pauline, when you text

(01:38:17):
me every single time I talk about Rugby that I
must shut up and never talk about rugby again, just
saying I said the same thing that Ted said, adds.

Speaker 8 (01:38:26):
I like Pauling's persistence as well. You're clearly not going
to stop with a single time every time. Goodnesspeak Pauling,
Nick Cave and the Bad Seeds coming to New Zealand.
It's their first time in this part of the world
since twenty seventeen. They'll be doing two shows at tesB
Arena and Wellington. Wellington's got this one. Actually, they haven't
announced any shows for the rest of the country as yet.

(01:38:48):
Thursday the fifth of February and White Tonguey date Friday
the sixth of February. Next year. They're also doing a
bunch of shows in Australia, so for some reason that's
closer for you. You could get to the.

Speaker 3 (01:38:57):
Dimini Ata say that both shows are in Wellington.

Speaker 8 (01:39:00):
Will be at Tarsp Arena in Wellington.

Speaker 3 (01:39:03):
Ah, does is Nick not?

Speaker 22 (01:39:05):
Like?

Speaker 3 (01:39:05):
Does he not know anything about New Zealand? I mean,
I don't want.

Speaker 8 (01:39:10):
To be a dick, but well, it's a real shame,
isn't it Because just after you were proven right on
the rugby thing, just now that Ted's backing you up.
We remember us talking weeks ago about how Wellington's just
not getting any events and goodness me, they need to
catch up with all them and christis now this happens now?

Speaker 9 (01:39:25):
I think even wrong.

Speaker 3 (01:39:26):
It doesn't make sense if you're Nick Cave and you're
going to play in Wellington. I mean I get that,
like Wellington is the right venue for him, isn't it? Acts?
Because he's all dark and gloomy.

Speaker 8 (01:39:34):
And I mean it would probably sell out. I think
I've backed that to sew up.

Speaker 3 (01:39:37):
But would you choose to play at TSB because you'd
want something a bit more moody and cool, wouldn't you?

Speaker 8 (01:39:44):
Well, all I'll say is that he's got the Monday,
Tuesday and the Wednesday between the Sunday and the Thursday
that are all free, so he could probably sneak another
shell in there if it's an arm for it.

Speaker 3 (01:39:54):
Do I want to go down to Wellington for this?
Do I want to take the concert girls down to
Do I want to take the menopausal middle edge women
to Wellington?

Speaker 2 (01:40:01):
See him? And you're not man, You'll see him in
your dream.

Speaker 3 (01:40:05):
I don't hate the idea. I mean, can you imagine
three menopausal women listening to for months and a months
to get ready? He's gonna be homicidal. Okay, we'll think
about it.

Speaker 9 (01:40:18):
You'll see him in your head.

Speaker 3 (01:40:20):
I see him by screen, Hey, buddy, I'm warning you
to Drinado.

Speaker 17 (01:40:26):
He's a goup of he's a god.

Speaker 2 (01:40:28):
He's a man, he's a good group.

Speaker 15 (01:40:33):
You're one microscopic called Dennis catastrophic plan designed and directed
by his red right hand.

Speaker 1 (01:41:00):
For more from Hither Duplessy Allen Drive, listen live to
News Talk Set B from four p m. Weekdays, or
follow the podcast on iHeartRadio

All Episodes

Episode Transcript

Popular Podcasts

Stuff You Should Know

My Favorite Murder with Karen Kilgariff and Georgia Hardstark

The Joe Rogan Experience

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

.css-14f5ked{margin:0;word-break:break-word;display:-webkit-box;-webkit-box-orient:vertical;box-orient:vertical;-webkit-line-clamp:2;overflow:hidden;}Full Show Podcast: 25 August 2025

Episode Transcript

Popular Podcasts

.css-r6mb8g{margin:0;word-break:break-word;display:-webkit-box;-webkit-box-orient:vertical;box-orient:vertical;-webkit-line-clamp:1;overflow:hidden;}Stuff You Should Know

My Favorite Murder with Karen Kilgariff and Georgia Hardstark

The Joe Rogan Experience

All Episodes

Full Show Podcast: 25 August 2025

Stuff You Should Know