Episode Transcript
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Speaker 1 (00:02):
Digging through the spin spids to find the real story.
Or it's Ryan Bridge on Heather Duplicy Ellen drive with
one New Zealand. Let's get connected and news talks.
Speaker 2 (00:13):
They'd be good.
Speaker 3 (00:14):
Afternoon coming up today, Chris Bishop. We're back to one
hundred on the state highways from tonight. Auckland Hospitals run
out of hot Water Wellington's Events Center. Events are a flop.
Dan Mitchison is in the US and Gavin Gray's in
the UK. Ryan Bridge, so speed limits they're back to
one hundred from tonight. This is on about thirty eight
stretches of state highway. And I celebrate this because I
(00:37):
hate driving slowly, and I strongly dislike other people who
drive slowly on our roads. Don't like them. And I
wanted to come here today and I wanted to tell
you that lower speed limits are a fraud and that
they don't save lives. I wanted to mount a case
for lower speed limits having little to no effect on
(00:58):
accidents and injuries and dead and everything they go on about.
I wanted to defend speed this afternoon, but the fact
is I can't. You can't not only do those annoying
evidence people have the evidence, But there's also just plain
old common sense. Right if we all cruised around at
ten kilometers an hour in our cars, there would be
(01:18):
no deaths on the roads. So it's true. So the
question is not does slowing down save lives? The question
is how many extra crashes are we willing to tolerate?
Are we willing to wear in order to get places faster?
How many extra crashes are we willing to tolerate to
get our goods and our exports delivered to supermarkets and
to ports up and down the country, economic growth, productivity,
(01:41):
all of those things. Because let's be clear, people will
still die on our roads doing eighty kilometers an hour.
Does that mean that we drop all of our speed
limits to fifty?
Speaker 2 (01:53):
No?
Speaker 3 (01:54):
Where does it stop. At the end of the day.
Governments draw line in the sand, and it's often where
they draw this line. The problem with the reductions that
the last lot enacted was that they took that arbitrary
line and they drew it all over roads around the
country that didn't need the reductions, in places where the
locals just scratched their heads in disbelief. Masterton to Featherston
(02:16):
is a good example. It's a road that I drive
relatively frequently and the journey from Wellington to Marsterton used
to take you closer to an hour and a half.
Now it will be closer to two hours. That's on
my clock anyway. And even Kera MacNulty, the Labor MP,
the local MP and cabinet minister in the government that
(02:38):
made the change, thought it was done. Apparently he couldn't
do anything to change it. So finally some of these
decisions are being reversed and that is a good thing,
including that particular stretch of State Highway to All of this,
of course, ignores the bigger problem, which is the state
of our roads. People don't die on good roads generally.
In fact, there's plenty of international evidence. If you want it,
(03:00):
you put the speed up from one hundred to one
hundred and ten on a good road without more deaths,
and that is proof that the real problem is the
state of the roads and that lowering speed limits was
the half asked way of masking that problem.
Speaker 2 (03:16):
Brian Bridge ten.
Speaker 3 (03:17):
After four news talks thereb In the first two weeks
of this year, batteries have caused five different fires in
rubbish and recycling trucks and that is just in Auckland.
The Auckland recycling facility has one or two small fires
every week. Justine Hayes is with Auckland Council. She's the
general manager of Waste Solutions and she's with us this afternoon.
(03:39):
Good afternoon, Justine, Good afternoon. This is all to do
with lithium iron batteries, are we sure of that?
Speaker 4 (03:48):
We can't attribute them the fires directly, but what we
do know is that the highly explosive material, and there's
many more of them in our waste stream than ever before,
and we are experiencing many more fires. So it's a
very very likely cause of this issue.
Speaker 3 (04:07):
How many So five fire truck fires in the space
of a couple of weeks since we started the year,
that's nuts.
Speaker 4 (04:14):
Yeah, We've actually had nine in January now, so that
that was in the first two weeks and we've had
another four. So yes, that's our highest number in one month.
Speaker 3 (04:23):
What happens when there's a fire, Like, does the driver
see smoke and then pull over and call someone? Is
there an explosion?
Speaker 4 (04:32):
Sometimes they are aware with something like smoke and kind
of can take more precaution. Sometimes there's an explosion. Sometimes
they're literally seeing the footage of flames in the truck,
and unfortunately, the only way of extinguishing the fire at
the moment is to drive to a safe place where
they can tip the rubbish out onto the ground so
(04:55):
that emergency services can put out the fire. And the
problem with the fires it requires huge volumes of water
to put out, so then that creates a whole load
more waste and environmental spoil, which then requires even more
clean up. So yeah, it's a big problem. So and
of course that relies on the truck being able to
(05:15):
get somewhere safe to offload, and.
Speaker 3 (05:17):
That would just presumably be the closest place. So then
you end up then with a bunch of rubbish on
the side of the road that I guess you guys
are going to come and clean up again, that's right.
Speaker 4 (05:27):
And unfortunately many of these fires occur in our recycling trucks,
so actually that all of that recycling material then becomes
our landfill rather than recyclable, right, So it's a bit
of a double whareme?
Speaker 3 (05:38):
What do you know what the main culport is, because
there's you know, there's the whole ev batteries, there's the scooters,
there's the vapes. Do you know, do you have an
idea of which of those is the worst offender?
Speaker 5 (05:50):
No, we don't really.
Speaker 4 (05:51):
Unfortunately the problem is the increasing numbers of all of
those things, so vapes, laptop batteries, phones, electronic tooth brushes, raises, toys.
You know, there's an endless number of things now that
have batteries to operate them, and that's the problem. So
it's difficult to estimate the total number of these batteries
(06:13):
that are in circulation. So it's actually hard to even
estimate the scale of this risk.
Speaker 3 (06:18):
Interesting, Justine, thanks so much for your time. That's Justin
havees Or Thus she's the general manager of Waste Solutions
for Auckland Council. It is thirteen minutes after four News
Talks EDB. Actually I got some numbers for you on
and on lithium ion batteries, how many more there are
in circulation right now and how many more fires we
are seeing from the monk of them to you shortly,
(06:39):
you're on News Talks CEDB. Sport next with Darcy who
will take.
Speaker 1 (06:44):
The White House results and analysis of the US election
on Heather Dupless Alan Drive with One New Zealand.
Speaker 2 (06:50):
Let's get connected News Talk Sedb.
Speaker 3 (06:55):
It is sixteen after four news talks EDB and Darcy's
here was sport, Dusty good.
Speaker 6 (06:59):
Afternoon and afternoon to Utian.
Speaker 3 (07:01):
We've just been talking about the temperature of the studio.
So the boys in the afternoon have it at about
nineteen degrees and I've put it up by a degree
to twenty, which I think is sort of doable. But
you're walking in here like you've got something wrong.
Speaker 6 (07:16):
I'm really skinny.
Speaker 3 (07:19):
What do you say?
Speaker 6 (07:20):
I have no body fat, so I feel cold. I'm
sitting at about seventy five kg at the moment, and
I think I feel way too much. So I'm going
to go on line in the sun like a lizard
and recharge after this cross not sport, though, is it?
Speaker 7 (07:35):
No?
Speaker 3 (07:36):
Netflix and Amazon Prime reportedly looking to go after the
NERL broadcasting rights in Australia.
Speaker 6 (07:41):
I'm not sure if they're going after it, and was
the point the landis is go? I think you guys
should buy it. I want a million billion dollars. So
I think though that these massive streaming companies, and you
know that the likes of Netflix and does Zone and
Amazon have already or more than to toe and the
sports broadcast market. They've almost dived into it. This is
(08:03):
a massive area of growth for these major international streaming monsters,
and they look to attract the eyeballs of sport globally.
They're willing to pour a lot of money into it.
And you look at DA and z Orzone and where
they came from. Now the Saudi Arabians have invested a
(08:24):
billion dollars, buying ten percent of the market, if ten percent.
Speaker 8 (08:28):
Of their company.
Speaker 6 (08:29):
So they're super super ken and they've climbed into everything,
the Saudi Arabians. So you might have some moral objections
to that, but at the end of the day, it's
only a matter of time before they own everything. But
of course you got Netflix on the other side going no,
we want a bit of that. Netflix had the disastrous
might Tyson fight on but they want to climb. And
you look at the money in Formula one globally, and
you look at the money in NASCAR for example, and
(08:51):
how long before Amazon Prime and other major streamers think, actually,
we want a bit of that as well.
Speaker 8 (08:57):
Because it's worked.
Speaker 3 (09:00):
Mentioned they won't Tyson Fight, but it's worked for them.
Their numbers have gone up. They'm now able to put
their monthly subscription fees up in the US and they're
about to do it into the UK they reckon as well,
So clearly they're doing something right on that front.
Speaker 6 (09:12):
People want sport that whether they're willing to pay for
it and what that does to the price.
Speaker 3 (09:19):
They see. This is the advantage of Sky's Sport right
because you pay one price and you get all sports basically,
don't you.
Speaker 6 (09:25):
Well, you're used to but not anymore. That's kind of
spread around. We've got Colin Smith on the show up
of seven o'clock's a regular contributors, a sports broadcast negotiator,
writes a expert, and he'll talk to us about that
and what that will mean the bottom line, because really,
do we care about the globe?
Speaker 2 (09:41):
No?
Speaker 6 (09:41):
What about us?
Speaker 2 (09:42):
Is this going to cost us more?
Speaker 3 (09:43):
Exactly? Do I get to see you're having to spend
one hundred dollars a month on different lots of different subscriptions.
Then it becomes very expensive and annoying, doesn't it?
Speaker 8 (09:52):
Right?
Speaker 3 (09:52):
The one of the hecklers from the Aussie open As
speaking out what she's saying, Nina.
Speaker 6 (09:58):
Nina was the one that stood up and screamed that
Australia believes Olga and Brenda. Now they're the two ladies
with the Alexander's varie of case that accused him of
domestic abuse. Now, eventually that story went away through German
courts as they he paid a set sum of money,
so it didn't go through the court, so he pushed
(10:19):
it to one side. He said around Nina and her explosion,
there are no more accusations. There haven't been for the
last nine months. I'm not going to deal with that
subject again. He's not interested in doing it. Nina is saying,
we believe you. Whether Australia believes or it's just her
who knows, but she was real, premeditated, where she sat,
(10:42):
the timing of what she said, so it got full
coverage by the media. But she's talked now about why
she did it.
Speaker 9 (10:49):
We believe you.
Speaker 3 (10:50):
We think, yeah, it's annoying. I think it's hard for
them because she doesn't know these people personally. She's got
nothing to do with it, and here she is yelling
across the enjoyment of other people's sports.
Speaker 6 (11:02):
She has an issue around previous with domestic abuse herself
is very personal to her, so that's what she's came
through it.
Speaker 3 (11:09):
But it's a matter of it's a new picure issue
though it's picture issue, isn't it was sport these days,
whether it's climate change or whether it's stop oil or whatever.
Any old Joe blogs feels that they're entitled to come
to your Yesterday, we're talking about a theater production in
London and people are jumping up and having a go
halfway through. I mean, just what theater production was that?
(11:29):
I forget what it call our UK Chorus, but was
the Tempest? And you had this big actress from America
coming over to perform in it, Sigourney Weaver, and off
the Brits go pay there ten pounds or whatever it
is to go and see. And someone stands up and
starts protesting halfway through about something completely underlay.
Speaker 6 (11:45):
They can buy a ticket, they can go into the game,
whether you think she's right or wrong. And they've got
this massive platform because the world is looking at them, so.
Speaker 3 (11:54):
You can't screen them at security, can you? For the
what they're going to.
Speaker 6 (11:57):
Say a little difficult, I'd say, But they dragged Marstra
at the door a hear it she's come public with
and said this is why I did it.
Speaker 3 (12:03):
Interesting, Darcy, thank you. We look forward seeing Tonight at
seven Darcy Wadgrave Sports Talk Here on news Talk ZBB
twenty one after four.
Speaker 1 (12:11):
Getting the facts discarding the fluff. It's Ryan Bridge on,
Heather Duplis, Allen Drive with one New zealanst Let's get connected.
Speaker 3 (12:19):
News talks'b four twenty four. Caroline leave Ittt is her name,
and you will hear a lot of over the next
four years. She's just twenty seven years old, and she
is Trump's chief press secretary. So she is in the
White House in the briefing room talking to the press
day in day out. She's had her first one today
and I sat down and watched it this morning and
I thought, wow, she is impressive. And she is the
(12:43):
antithesis of the talking in circles nonsense that you got
from KJP, who was Biden's press secretary. So she interestingly
so twenty seven years old, and you think, man, that's young.
She's There was one other in their twenties. It was
Nixon's press sect. I mean, obviously it didn't do a
very good job today for Nixon, but he was twenty
(13:04):
nine years old. Nixon's press sick and anyway, Caroline Trump's
is twenty seven. Here's what she had to say, certainly
not pulling any punches on day one.
Speaker 10 (13:13):
We will call you out when we feel that your
reporting is wrong or there is misinformation about this White House.
So yes, I will hold myself to the truth, and
I expect everyone in this room to do the same.
Speaker 3 (13:24):
She also stood up there in front of all of
the quote legacy media, you know your TV stations, your newspapers,
your radio stations, etc. And she said, do you know
what you guys are becoming increasingly irrelevant. So I'm going
to let social media. I'm going to let podcasts. I'm
going to let social influencers in here.
Speaker 10 (13:42):
The Trump White House will speak to all media outlets
and personalities, not just the legacy media who are seated
in this room. We're also opening up this briefing room
to new media voices. We welcome independent journalists, podcasters, social
media influencers, and content creators to apply for credentials to
cover this White House.
Speaker 3 (14:04):
She also refused to answer questions. If a reporter asked
a question that had already been asked a day prior
or two days prior, she just wouldn't answer it. And
she was pressed on deportees and She didn't hold back
on that either.
Speaker 10 (14:17):
We want to deport illegal criminals, illegal immigrants from this country,
but the President has sad that. Of course, the illegal
criminal drug dealers, the rapists, the murderers, the individuals who
have committed heinous acts on the interior of our country
and who have terrorized law abiding American citizens. Absolutely, those
should be the priority of ICE.
Speaker 3 (14:39):
Yeah, it's interesting, isn't it, Because in New Zealand we
would never have a non elected person speaking to the press.
You know, you get press secretaries who like brief journalists
and stuff around the back on the phone, whatever, but
you don't get them actually doing a stand up themselves.
I think it's a weird convention, but I've done it
for years over then why stop now? Anyway, She's quite good,
(15:02):
doesn't mince her words. Caroline Levett has in name twenty
seven years old. It is twenty seven after four. You're
on news Talks.
Speaker 11 (15:09):
He'd be.
Speaker 1 (15:30):
Putting the challenging questions to the people at the heart
of the story. It's Ryan Bridge on hither dupers Ellen
drive with one New Zealand.
Speaker 2 (15:39):
Let's get connected. News talks'd be.
Speaker 3 (15:48):
Good afternoon, twenty five minutes away. From five. After five,
we're going to talk Auckland Hospital. So they've lost their
hot water in one of the main buildings at Auckland
Hospital and they won't get it back on for seventy
two hours, something to do with a pipe, and the
maternity ward has been affected. So if you've just given
birth to a baby, apparently what you want as a shower.
(16:08):
I mean, obviously I wouldn't know, but apparently what you
want as a shower, and you're going to have to walk, which,
by the way, you're not supposed to do if you've
just given birth to a baby, but you're going to
have to walk to another building to have a shower
because there's well we unless I suppose ess you want
a cold one, and a lot of people these days
are having water births and presumably that would need to
be warm. So there's a few problems at Aukland Hospital.
(16:31):
We'll talk about that after five.
Speaker 2 (16:34):
It's the World wires on news talks. They'd be drive.
Speaker 3 (16:38):
US President Donald Trump has had another executive order blocked
by a judge. This time it was freezing one hundred
million dollars worth of funding for federal agencies. He might
have to jump through a few hoops to get it unblocked.
Speaker 12 (16:52):
He can make proposals as he has done to hold
funding back, but there is a procedure for Congress to
approve or disapprove of that.
Speaker 3 (17:02):
Very happy in Australia today, the inflation rate there has
fallen from two point eight percent two point four percent.
Here's Sky News Business editor Ross Greenwood.
Speaker 9 (17:10):
There's suggestions that rents are starting to fall or ease
off a little bit. They were down by point seven percent.
Transport prices fuel prices are lower, so as a result,
the cost of transport down by point seven percent during
this quarter. The cost of living crisis is quite clearly
is still there because prices overall are not falling, but
key prices are starting to moderate.
Speaker 3 (17:31):
About time for them too. Finally, the city of Greenville
and North Carolina has agreed to allow an RV dealership
to fly a gigantic American flag that's so big it
breaches local regulations. Every Camping World outlet in the US,
(17:52):
including the Greenville location, flies a flag that's almost three
hundred square meters in totally. For context, the four of
the debating chamber in our Parliament is two hundred and
sixty square mesis, well, this flag is fifteen times bigger
than the maximum flag size you're allowed in Greenville. The
city has agreed to make an exception for Camping World
(18:13):
because the owner said he wouldn't take it down.
Speaker 1 (18:16):
International correspondence with ends and eye insurance, peace of mind
for New Zealand business.
Speaker 3 (18:22):
There's got stateside now, Dan Mitchesson, our US correspondent, Dan
Good Afternoon, Hey, Ryan very young, twenty seven years old,
the new White House Press secretary, laying down the law
on her first day. How'd she do.
Speaker 13 (18:35):
Well?
Speaker 14 (18:35):
I guess it depends who you ask. I mean, she's smart,
that's for sure. I mean, what we know about her
is she ran for a seat in Congress a couple
of years ago on a pro Trump gun ownership platform.
She lost, but she's been a Trump fan since her
high school days. She is very gen Z style. Given
a shakeup at the podium earlier today, I mean, she
(18:57):
opened the room to TikTokers and she has created a
seawash and I should say she but she and Donald
Trump for new media. So that's you know, that's sort
of a part of the overhaul that I think Trump
wants in this in this new cabinet to.
Speaker 3 (19:10):
Said, I mean, how's that gone down with, you know,
with the Report at Times and the and the Jennalist
Because it's a reality that those more traditional you know,
I mean c and N is laying off hundreds of
stuff right now, and the podcasts and all that stuff
attacking off. So does it does it make sense?
Speaker 14 (19:28):
I mean that's a good question too, because you've got
old media and new media right now. I mean, reporters
obviously start putting up their hands right away, and she
started with the new media I mean like Axios and
and Britbart and before going to the traditional news organizations
and a lot of the right wing outlets on this.
So I think that's sort of giving us a clue
about where they're headed. Like you said, CNN had just
(19:50):
laid off two hundred people. But what they're doing is
they're going to their parent company and they're going to
use that money and they're putting that into digital and
new media. So some of those people probably going to
be applaning for those jobs, I would think, But it's
it's you know, will she be around though, that's the
question six months from now. You know, we had Sean
Spicer during Trump's first term here, and then we had
three other spokespeople that followed followed Spicer as well, So
(20:13):
we'll see short runway.
Speaker 3 (20:14):
Google Maps is going to rename the Golf of Mexico
to the Gulf of America.
Speaker 14 (20:18):
I find this fascinating today. This has been something that
I've been talking about with a lot of colleagues too,
how you can go ahead and do something like this. Now,
the thing is, when you get into the weeds of this,
Google will say, okay, the location's name will appear differently
depending on where you are. So in the US, we're
going to see it as I guess the what what
President Trump wants to call it, the Gulf of America.
(20:41):
Around the rest of the world, you're going to see
it by the name used by the country where you're
accessing the map. So you'll see the Gulf of Mexico,
and you all may see right next to it, to
the Gulf of America. And you know, the federal government
will formally reference the golf in this mountain they want
to change over here back to Mount McKinley in the
new names. But I mean, just think about all the
(21:01):
history books and the maps that are printed out for
I mean You can't go back and forth with something
like this, now, can you?
Speaker 3 (21:08):
Why does Starbucks stop getting a panic buston.
Speaker 14 (21:12):
Because they're not allowing people to just come hang out
like they used to. You know, people wanted to just
go in and use the restroom or hang out in
the store. So this is kind of a reversal of
their open door code. And why this is if you
go back to twenty eighteen, they had a couple of
African American men who werearrested in Philadelphia and a Starbucks there.
They were waiting for a business meeting to start. They
didn't buy anything. So you flash forward to today and
(21:35):
the new CEO says, no, we don't want people just
hanging around here. So they've seen some pushback on this.
Some stores are going to have these panic buttons that
will prevent more people from coming in. Employees are getting
some kind of training on how to de escalate confrontations.
And you understand both sides. I think, I mean, it's
nice when you're caught short and you want to run
into a Starbucks to use the bathroom there, But you know,
you see a lot of teens and homeless hanging out
(21:55):
all day taking up space and this is you know,
at the end of the day, a business bottom line
is the companies there to make money and they need
the seats free for people that want to buy something.
Speaker 3 (22:04):
Yeah, Dan, thank you for that. Dan Mitchison, a US correspondent,
just gone nineteen minutes.
Speaker 2 (22:09):
Away from five Bryan Bridge.
Speaker 3 (22:11):
So if you've been paying attention to Parliament this afternoon,
which let's face it, I mean I watched question Time
and honestly, the caliber of the debate these days is
just not what it was. And Jerry Baron I had
listened to Jerry this afternoon. He said he's got hearing
aids now so he's actually finding it a little overwhelming
in the chamber because he can now hear all of
(22:32):
the mud slinging that's going on from the back of
the debating chamber. Anyway, it was in a Select committee
today that the departy Mardi MP Muddy Amen or Kapa
Kinghey said this to the Children's Minister Karen Saw. They
were talking about boot camps. That's the context of it,
but this is what was said.
Speaker 15 (22:49):
You refer to ancestry cannot matter more than the safety
of a mook upon it, which is an absolute abhorrent
to tikon. It is abhorrent to mindy, It is abhorrent
to the in which we see the world.
Speaker 3 (23:03):
Can you say to you know, Karen Shaw, we all
know was brought up in Foster Holmes, but has fucker
papa's malti. She has Maori ancestors. Can you say to her,
you know, basically you're not a real Maori. You don't
know the essence of being Maori. Can you say that
and not be a racist? Nine two nine two. It
(23:23):
is eighteen to five. We're going to talk to Jason
Walls out of Parliament on this next.
Speaker 1 (23:28):
Politics with centric credit, check your customers and get payments.
Speaker 3 (23:31):
Certaindy just go on quarter to five Jason Walls as
well as from Parliament. Jason, good afternoon, Good afternoon. Right,
So to party, Marty's at it again. Indeed they are.
You know they started yesterday on the right track.
Speaker 16 (23:44):
I have listened to what Debbie Nadi Wapaka said during
the Prime Minister's debate or the debate on the Prime
Minister's speech.
Speaker 17 (23:50):
I'm standing on behalf of T Party MARII today to
constructively give our view on the Prime Minister's statement. And
I've got to be really honest, what I've witnessed this
afternoon is showing that even day one, the deterioration of
our behavior and our debate can't be held.
Speaker 16 (24:08):
So I thought, oh good, they're going to stay in
They're not going to stay out of pocket things, They're
not going to be too extreme with their language. I thought, fantastic.
They've taken the year, they've taken the summer to assess
alas it took less than twenty four hours for Tiparti
Marti to show their own deterioration in the way that
they're speaking and the way that they're interacting with the
other MPs. Have a listen to what Ti parti Marti
(24:31):
p Mediameno Cappaccini told Karen Shaw during a Select committee
this morning when talking about the boot camps.
Speaker 15 (24:38):
So, how in your institutionalized, individualized using your words process,
does your system and institutional system understand that and respond
to it in an enduring way because it doesn't sound like, Look,
I have.
Speaker 5 (24:53):
To disagree with most of what you've said, and you're
entitled to say it, and I actually disagree with most
of what you've.
Speaker 15 (24:59):
S got a gat acknowledgments you don't understand.
Speaker 16 (25:06):
So what she said there, that's a that's Marie Manao
Kapakini telling Karen Shaw, who is a Marty MP, that
she doesn't understand the essence of being Mary. And this
is the same MP who accused the Coalition government of
having a quote mission to exterminate Marty and who is
used words like white supremacy, paktiha supremacy when criticizing their
repeal of seven double A of the Tamariki actor. Meanwhile,
(25:29):
sure has been the victim of these attacks before, as
you're well remember Labor MP Calvin Davison. Calvin Davison said
that she saw the world through a quote vanilla lens.
But according to Tipati Marti called leader Debbie Nardi a packer.
She essentially stood by the words of the MP.
Speaker 18 (25:46):
I mean, our role is the challenge and you have
seen it in here specifically, we mentioned the day that
we did the Hucker on what it's like to be
cornered and held to ransom.
Speaker 16 (25:58):
But Seymour's having none of it. He says that all
people who oppose racism should oppose Tipati Marti.
Speaker 7 (26:03):
Well, no, because they don't think they've done anything wrong.
And that is my point, is that they are race fanatics,
racial supremacists, people who believe that before you can talk
about anything else, you've got to talk about your ethnic background.
And that's what I'm wholeheartedly opposed to have.
Speaker 16 (26:18):
So we had a couple of minutes of respite yesterday
in the House and we're back to, as I said,
the way things were.
Speaker 3 (26:25):
It's interesting because this has happened for years and years.
They used to say this about Paula Bennett when she
was in government. They say about Simon Bridges as well,
you know, you're not a real milding, I think was
the phrase that they used to throw around. Then meanwhile, Winston,
what's he done? What are the Greens upset about?
Speaker 16 (26:42):
Well, the first shots were fired yesterday when Winston Peter
said this in the house.
Speaker 8 (26:46):
I know they're laughing.
Speaker 19 (26:47):
The Greens are laughing at that because they find that comical.
They find that comical. The very people who are here,
on the very refuge that wiged to them, have come
here with your ideas foreign to our country, native to this,
and they wish two in person, one out of Parliament.
Now you don't, you're not gonna succeed you. You might
be laughing now, but you might be laughing now, but
(27:08):
you have been crying tomorrow come to this country. So
some Vergian no, let me turn out our policy in sunshine.
Speaker 16 (27:15):
So that was directed to Green MP's Lawrence Sunnan and
Francisco Hernandez, who are both of Asian descent, which the
Greens are taking exception to well.
Speaker 20 (27:26):
To imply that a migrant cannot voice political views and
to dismiss political views because of someone's migrant background implies
a level of the soils to the country and that
is an issue that we take. But more than anything again,
this is about the harm that peace words horse outside
of these four walls.
Speaker 16 (27:42):
So obviously they're not happy about that. Winston Peters today
was trying to wiggle out of it.
Speaker 8 (27:47):
Well.
Speaker 21 (27:47):
I was talking about two people jeering and shouting from
the back benches, the debates of no moments then, and
I was putting out it in the all historical parliamentary
debating fashion. If you can't take it, go somewhere else. Oh,
are you too soft for the next question?
Speaker 16 (28:02):
So, as per usual, he turned the questions back on us.
And that's of course that's not what he means. You
could just go back and physically see what he said
written down. He's absolutely out of line in terms of
what he's implying here and what he said. Meanwhile, the
Greens are also calling out Shane Jones from the same
party for heckling in the house as well. Now it's
a little hard to hear have a listen of.
Speaker 5 (28:21):
Human life decreases, but it's not just about human life.
Speaker 16 (28:26):
So he yells, send the Mexicans home. See if you
can make it up when I play it again.
Speaker 5 (28:30):
Of human life decreases, but it's.
Speaker 16 (28:34):
Not just so the Greens say, it's a reference to
the fact that Ricardo Menandez March a Green MP, is
from Mexico. So a little bit more explaining for New
Zealand first to do again, it's like you pick any
day from the political calendar in the last twenty five
years and we're back to back to the future.
Speaker 3 (28:50):
Really fantastic. What is the day two and we're xenophobia
and racism top of the agenda? Jason, as I mean
it as expected, right, I shouldn't have anything different, dear me.
Jason Wall's News Talk seedb's political editor with us from Wellington.
Thank you very much for that. Nine Away from five
Chris Bishop on speeding after well, not speeding. I shouldn't
(29:13):
say that, because you're not meant to speed. Everybody, remember
that is not what you're meant to do. But you
will be able to go one hundred kilometers an hour
in certain parts of New Zealand on our state highway
network from tonight roads that previously the speed limit was
reduced to eighty ks. Now, question for the Greens, so
after they have accused New Zealand first have being xenophobic
(29:36):
towards them, are they also then going to condemn to
Party Maldi for being racist against Act. What a tangled
web we weave nine to five, putting.
Speaker 1 (29:48):
The time questions to the newspeakers, the mic asking breakfast.
Speaker 22 (29:52):
We're suddenly debating potential asset sales all over again. Last
time we did this, of course, was under John Key,
who is, well, it's doing a bigger fish to fry
in the things.
Speaker 2 (30:00):
We want the boat to go fast.
Speaker 23 (30:01):
There's a lillion things you can do from caving bureaucracy
and Texas at a foreign invest with all those kinds
of things.
Speaker 24 (30:07):
If you want my view, they'll make the boat go
a lot faster than a few sits lf because frankly,
there ain't a hell of a lot to self good.
Speaker 22 (30:13):
I'm glad you said that because I was trying to
work out what's left of genuine.
Speaker 23 (30:17):
Value when we sold forty nine percent of the Jen
Taylor's Contacts and Genesis, so at least you actually sold
out the balance of that.
Speaker 2 (30:25):
I'm not really sure what's around.
Speaker 22 (30:27):
Back tomorrow at six am the mic asking Breakfast with
the Rain drove of the Laugh News Talk ZB.
Speaker 3 (30:33):
It is five to five lots of feedback coming in
after we spoke to Jason Wall's out of Parliament. That's
on the issue of To Party Malory and what they've
said about act and then what Winston Peter says about the.
Speaker 15 (30:45):
Hi.
Speaker 3 (30:46):
Ryan, I am part Malory and I find what to
Party Malory has done today to be disgraceful and degrading behavior.
Bruce says, clearly people aren't racist. If clearly people aren't racist,
if they left when leaning mainstream media don't call it out,
it only applies to Paquiha apparently, says Bruce. I guess
(31:08):
you're talking about the Tapati Mardi stuff. Ryan, with all
the pathetic goings on with the moaning in the New
Zealand about Maudi or about race, no wonder young people
are leaving in their droves. We're not focusing on the
right issues. I tend to agree with that. I think
we have very big fish to fry and having arguments. Honestly,
(31:29):
this is day two in Parliament and we are shout
having a screaming match about who's racist and who's xenophobic
on both sides, on both sides. Well, let's talk about
something more positive. Dolphins quite a cool thing. You know,
dolphins normally you'll see them in a small little group,
a little pod sort of ten twenty maybe thirty max
(31:52):
and the central coast of California a very unusual super
pod of wait for it, fifteen hundred dolphins all crew
us together. Can you just imagine, just stop for a second,
think about how cool that would look. And there was
a couple of lucky scientists who were on a boat
who were looking at this. There's a quote here from
one of them. They were just having a great time.
They were breaching everywhere, as tails were slapping, coming right
(32:15):
on over to the boat. They looked like they were
having a big party. And I started to think, what
would fifteen hundred dolphins be doing together at one time?
You know, is the super Bowl on? Is it like
the swimming championships? What are they doing together? Apparently this
happens semi regularly.
Speaker 14 (32:32):
You know.
Speaker 3 (32:32):
Normally they'll have their groups of twenty thirty whatever, they'll
just come together and the more of more of them
will come together, like they're at Westfield and they were
swimming south, so they're sort of migrating apparently at this time. Anyway,
I thought that was quite a nice thing to read today,
so I mentionine that, but fifteen hundred all at once
(32:55):
probably a bit deafening. News is next yourself.
Speaker 11 (33:03):
To the matselfe Pressonal.
Speaker 2 (33:11):
Moley, Liberal.
Speaker 1 (33:19):
Questions, answers, facts analysis, The drive show you trust for
the full picture. Brian Bridge on Heather Duplicy allan drive
with one New Zealand Let's get connected news talks.
Speaker 8 (33:31):
At be Good evening.
Speaker 3 (33:33):
It is seven after five. Speed limits are going back
up again from tonight thirty eight sections of the state
highway network they'll return to their previously higher speed limits.
This will all happen by July.
Speaker 8 (33:44):
First.
Speaker 3 (33:45):
The first to see the increase State Highway two between
Featherston and Masterton run over the room attackers from Wellington
Transport Minister Chris Bishop is with us. Good afternoon, Good afternoon.
So what's taking so some will start happening tonight. What's
the whole But with all the others, Oh.
Speaker 24 (34:02):
It's just so that NZTA can over the next few
weeks as they do sort of routine maintenance and upgrades
and all the other things that they do on roads,
they do them at the same time, which saves some
money and makes it more efficient. But they'll all be
done by the first of July. But we're doing that
wire Apple one straight away because it's the one that's
caused the most community angst and it's also the easiest
to do because it's a long straight section of road
(34:23):
and anyone who's driven it knows it's ridiculous. It's eighty
right now. It's enormously frustrating for motorists there. So it's
going back up to one hundred and that will happen overnight.
So as of tomorrow morning, you can drive on one
hundred on that section of rowd.
Speaker 3 (34:36):
Fantastic, fantastic news, because I drive that quite a bit
and they reckon. You'll only get it'll only take three
minutes off your journey. But I have to struggled to
believe that. I think that it added much more going
eighty k's along there.
Speaker 24 (34:51):
I was a bit surprised when I read that myself.
I sort of thought it'd be a bit more than
three minutes. That's the official advice, but you know, some
people's journeys will be a bit quicker, little bit slower,
but depending on the time of day and what they're
driving and all that. So, but yeah, look, definitely be
a time saying.
Speaker 3 (35:06):
You know, when they come up with this advice, do
they actually go and sit in the car and start
the timer or do they just do a calculation from Wellington?
Because I think that's part of the at least this
is what the locals there think. This is part of
the problem with this whole issue. You've got someone sitting
in an office in Wellington or maybe Auckland mapping out
the road and it's got so many bends in it,
(35:27):
you know it can only handle eighty k's without actually
going and looking at it.
Speaker 24 (35:31):
That has definitely been part of the problem, There's no
question about that. So that the last government had an
approach which was basically speed is the only thing that matters,
and we're just going to blanketly lower the speed limit
all around the country, both local roads and state highways
and communities said hang on a minute, that there's bits
of the road that should be a bit lower. That's fine,
But actually this idea that you should just you know,
(35:53):
lower the whole estate highway too over in the wire
Rapper for example, down to eighty and pretend you're making
it safer.
Speaker 3 (35:58):
That's nuts.
Speaker 24 (35:59):
And so we've come in and said, exactly right, reverse
what they've done. And it's not to say that there
aren't bits of roads.
Speaker 25 (36:05):
You know.
Speaker 24 (36:06):
Take now the Napier Taupo Road for example, that's another
one that people get worked up about. There's bits of
that road where the speed limit should go down a
bit on some of the nasty corners and things like that.
But the default to go down to aiming it as
crazy as well. So it's the blanket approach that annoys people.
Speaker 3 (36:22):
So we're reversing all of that. So, okay, fair enough.
So it's happening from tonight. What about the forty eight
roads were you're going to consult on? Why do you
need to consult with people? I thought you knew what
you were doing.
Speaker 24 (36:32):
Yeah, So there's forty eight roads where there's there's mixed
community views about about the reductions, and they're also more complicated,
so there are some nasty sections of those roads. And
so that's precides the point I made before, where we're
going to consult on them. And it may be that
NCTA says the default will go back up to one hundred,
for example, but there'll be bits where we keep the
(36:53):
speed limit at a particular point.
Speaker 3 (36:55):
So they'll take a bit of a horse labour says
if anyone dies on any of these roads from here
on out, the literally what they said is the blood
is on your hands.
Speaker 24 (37:04):
Yeah, well they've got to work out what They've got
to work out what their position is. Becausechris kip Can
started the twenty twenty three I don't know if you
remember this by saying he was going to do a
bonfire of all the dumb policies from just sinder Ardouna.
One of them was the speed limit thing. That's what
he said they would do. Then they didn't actually do it.
And then Karen mcinnaughty who was the local MP over
in the wire Rapper you know, said a few weeks ago,
(37:25):
I looked m ZTA in the eye and they told
me they couldn't raise the speed on it.
Speaker 3 (37:28):
Well, I've just done what he's on about. There's no blood.
Speaker 24 (37:30):
Well they've got to work out what their stances. All
three different Labour Party people have a different stance on
us as part of the course with those guys.
Speaker 3 (37:36):
Thank you very much for your time. Appreciated, Chris Bishop,
Transport Minister. From tonight. If you live in Marsterton or
Featherston you will enjoy one hundred kilometers are now once
more on State Highway two eleven after five Rich The
main building at Auckland Hospital has no running hot water. Yes,
it's a problem and it's something to do with the pipes.
(37:57):
It may take seventy two hours to fix this problem.
Health New Zealand says there are mitigative mitigations in place
to ensure the hospital's usual clinical care will continue, et cetera.
Malcolm Mulholland's Chair of Patient Voice Alt he's with me tonight, Malcolm,
good evening. Okay, Rian, what have you heard about this?
What's going on here?
Speaker 26 (38:15):
Yeah?
Speaker 27 (38:16):
So I heard that one of the water pipes burst
yesterday and that it could take up to seventy two
hours to rectify the situation. But Unfortunately, it's affecting Building
thirty two and those who are familiar with Auckland Hospital
would know that's the main building in New Zealand's biggest
hospital where most of not all patients are housed in
(38:39):
the wards and this is.
Speaker 3 (38:41):
The maternity ward that's affected, right, so.
Speaker 27 (38:44):
Well, yeah, amongst others, amongst others. So it's maternity wards.
It's most people who are receiving care in the wards
who are affected by this, whether it be cardiovascular or renal,
you name it, they're affected.
Speaker 3 (39:01):
Right, Is there a I mean, can can they shower
like your new mums have just had babies? Do you
know what's going on there? Or are there? Can they
go somewhere else?
Speaker 1 (39:11):
Yeah?
Speaker 27 (39:11):
So they're going to have to be transported away from
the maternity ward to another part of Auckland Hospital in
order for them to have a shore. That's certainly not
ideal for mothers who have just given birth, keeping in
mind some would have hit suffered a traumatic birth and
so their bodies will be sore and transporting them around
(39:34):
certainly isn't the recommended stendard of care. As well as
that they've got on top of that, whether or not
they take their new born with them because some of
course will require.
Speaker 3 (39:43):
Breastfeeling goodness, mate, thank you, Malcolm. Malcolm A holand patient
voice ALTA A chair on the main building at Auckland
Hospital with no running water. I mean it's not ideal,
is that when you don't have pipes that work in
our hospitals to get people hot water, to have a shower,
or presumably to sterilize equipment. I mean obviously Health New
Zealand test said I've got things under control. So I
(40:05):
guess you could have believe that, don't you until you
know otherwise? The doomsday clock. I'll tell you more about
that coming up in a second. Your texts on the
speed limits and the roads. Plus we're looking at that
new convention center in Wellington, you know, the one that
they said would save the city. Well we have some
numbers for you on just how successful it's been. Now
listen up and get your credit card ready, because there
(40:27):
is no way you're going to want to miss out
on this wine deal. In fact, it is so good.
The full details have been kept a mystery on air tonight.
The wine's true label is on the box and the bottle,
and all is revealed when it lands on your doorstep.
The deal is exclusively available at the Good Wine Co
And is being sold as the Mystery Premium Mulborough Savenyon
(40:48):
Blanc for twenty three. This is a multi award winning
ninety five out of one hundred rated Mulbra saven Yon
Blanc that also includes a ninety three out one hundred
Top Value award and selected as a Bye of the
Week with Mass of Wine Bob Campbell. With the twenty
four vintage ready to go, the winery is discreetly clearing
the last stocks of the twenty three vintage and let's
(41:09):
just say, for twelve ninety nine you are getting one
hell of a good deal here and a seriously smart
bottle of Marlboro's Savenyon Blanc. To view the full details
and the savings, you'll need to visit the website. And
if you order now, you'll pay just one dollar per
case delivery to your door anywhere in New Zealand. Conditions apply.
Multi award winning ninety five out of one hundred rteds
Marlbra seven Yon Bloc up for grabs. It an incredible
(41:31):
twelve ninety nine per bottle and a dollar per case
delivery to your door nationwide. This is a deal that
you do not want to miss. Order online right now
at the Goodwine dot co dot NZ or call oh
eight hundred double six two double six to.
Speaker 2 (41:44):
Two, Ryan Bridge.
Speaker 3 (41:46):
It has just gone eighteen minutes after five. The three
rate payer funded exhibitions at Wellington's one hundred and eighty
million dollar Convention Center. Yes I did say that correctly.
Nearly two hundred million dollars for this thing have flopped.
The latest failed to break even. The Doctor Who Worlds
of Wonder ran from June to October, displaying props from
(42:09):
the show set. Wellington City cou Council documents show the
exhibit made a loss, but the council is refusing to
say how big the deficit was. It comes after a
Marvel and a Jurassic World exhibition earlier also failed to
break even or they missed their targets. Counselor Diane Colvit
is with me this evening, Diane, Hello, Hi Ryan. This
(42:32):
sounds like a bit of a sad story.
Speaker 28 (42:34):
Really Yeah, Well, I mean I think it's sad also
because we're just trying to get information that should be
available publicly, or at least some of it.
Speaker 29 (42:43):
I can understand some of the commercial sensitivities about perhaps
some of the visitor numbers, but repairs, you have a
right and to know how much does it cost them
against what was actually originally budgeted for, Because if we
don't deal with it openly, how can we look for
improvements and how can we action those improvements that I'm
(43:04):
sure you know we can do, because look, I went
to the Marvel one and I was bitterly disappointed. I
think it costs was about eighty five dollars ahead, and yeah,
it just it just was not value for money.
Speaker 3 (43:17):
Okay, So you're saying the council has put some money
in at some stage to this doctor who thing to
make it to get it here.
Speaker 2 (43:26):
I believe so.
Speaker 30 (43:27):
But again, you know, when we saw the news article
this morning, it obviously came to surprise to a number
of us, and so I know and others have gone
back asking for information and we're still trying to obtain that.
Speaker 3 (43:41):
Yeah, I was surprised to see that as well. I
mean saying it's commercially sensitive to say how many people went.
I mean, what implication would that have for a commercial operation,
especially one that's already been held.
Speaker 31 (43:54):
Look, I can't answer that, But what I'd also be
asking is why why would we be agreeing to something
like that as well, especially when repairs funds, you know,
are a risk.
Speaker 3 (44:06):
So who how are they able to do this unilaterally?
Do they not have to ask for your permission? Or
do you are you giving them too big a budget
that they're able to throw money at doctor?
Speaker 26 (44:15):
Who?
Speaker 28 (44:16):
Well you could you know, Look, I think we just
need to find out how how these things get approved.
I know there was there's generally a small committee that
will approve these exhibitions. And look, sometimes you do take
a bit of a risk, but when you you know,
if things don't turn out, you need to be open
about saying what could we have done differently, what could
(44:38):
we have done better? And if we've had three exhibitions
that have not delivered, we really need to say what
are we not doing right in these things? And we
really have we haven't had that conversation or even seen
the information.
Speaker 3 (44:53):
Diane, Thanks for your time doing COVID the Wellington City
councilor on the Convention Center and Wellington doing not so well.
But more importantly the fact that the council thinks they
can just say commercial sensitivity like it's some magic wand
and you don't get to ask any questions about where
the money's going. That's not how it should be working.
Twenty one after five, when we come back the doomsday clock,
(45:14):
I'll give you my thoughts on that.
Speaker 2 (45:17):
Checking the point of the story.
Speaker 1 (45:19):
It's Ryan Bridge on Heather Duplicy Ellen Drive with one
New Zealand let's get connected and new stalks.
Speaker 3 (45:25):
That'd be five twenty four. Good evening to you. You
will see this story today, if you haven't already, you'll
hear about it tonight. You'll see it on the news.
Atomic scientists have pushed the clock to eighty nine seconds
before midnight. This is the doomsday clock. This is the
end of the world. And they are citing nuclear risk,
(45:46):
the threat of AI and the climate crisis as a warning.
And this is an example of when you start something
and you have to keep it going. That's what this
clock is. It was started back in nineteen forty seven
and Chicago after World War Two. It was during the
Cold War, was to warn about the threat of nuclear war.
(46:08):
And the threat of nuclear war is by and large
contained specially compared to what it was like during the
Cold War. And so now they're coming up with everything
under the sun. It's a grab bag of threats that
you might face, you know, threat the possibility that a
palm tree might fall on you as you walk home
(46:29):
this evening, the possibility that AI might some AI robot
might kill you on your way home tonight. They are
clutching its straws. Anyway, they've moved it by a second,
so it's now eighty nine seconds before midnight. But I
come back to this point about nuclear the threat of
nuclear war. Actually, the nuclear threat is not as relevant
(46:53):
today as it was during the Cold War. Yes, we
have nuclear weapons, but they are essentially doing their jobs.
They are deterring wars. You know, this idea of mutually
assured destruction means that nobody pushes the red button because
someone will push a red button back on you. So,
in a funny kind of a way, yes, we have
(47:14):
regional wars, we have proxy wars, but we don't have
world wars. And that is in large part because of
nuclear weapons. So in a roundabout kind of way, they
have sort of worked, which makes a mockery of the
doomsday clock, because they're destroying everything in there, everything and
anything they can in there to justify its existence. Twenty six,
(47:36):
after five lots of texts on the roads, Ryan, if
it's three minutes each way, This is from Steve. He's
done the maths on at the time saved from going
one hundred kilometers an hour versus eighty kilometers an hour
between Masterton and Featherstone. If it's three minutes each way
in time reduction, that's six minutes a day over five days.
(47:57):
That'll save you thirty minutes over a month. It'll save
you two hours of your life, which means over a
year it's twenty four hours of driving saved. Amazing. What
three minutes does? Puts it in perspective, doesn't it? Someone
else saying Ryan, I find that everybody is tailgating me
(48:18):
now that these speed limits have come down, so I'm
glad they're going back up. That's from Ben twenty seven,
after five on news talks, he'd be Tanya Tatsil after news.
Speaker 2 (48:35):
After making the news, the news makers talk to Ryan first.
Speaker 1 (48:40):
It's Ryan Bridge on hither Duplicylan drive with one New
Zealand let's get connected.
Speaker 2 (48:46):
News talks, he'd be on the just have been with
a woman. I love how much your right leg.
Speaker 3 (48:55):
Biding it is twenty five minutes away from sex. After sex,
we're going to talk to Fonterra. It's a going for
electricity over gas for their big boilers in the North
Island and that's going to cost them one hundred and
fifty million dollars. So this is not a cheap transition
for them to make. Are they making the right one
and doing it at the right time? We'll ask them
after six they huddle in just a few moments. Right now, though,
(49:17):
a political war of words is erupted over a police
operation that targeted trolley theft in thirteen arrests, nineteen trespassed,
forty five trolleys returned. Police have confirmed that some of
those arrested were homeless, and this is the point of contention.
The Multi Party says it's a direct attack by the
government on impoverished people. That MP Tom McClay says police
(49:40):
aren't targeting anyone, They're just focusing on combating theft and
antisocial behavior. That otterd amha Is Tanya tapsil kiled a
good afternoon. Sure to Ryan, do you have a problem
with police doing this?
Speaker 26 (49:53):
Absolutely not. In fact, we are incredibly grateful for the
police action in this because honestly, we're a small chown,
so when these trolleys get left around, it looks really
messy and we've tried a lot as counsel. By the way,
cost us five thousand dollars a month when we were
trying to fix it up. Our businesses have been fantastic.
They're trying their best to achieve trolleys within forty eight hours.
(50:13):
But end of the day, these homeless are stealing somebody
else's property, using it in an appropriate way and then
just jumping them in places. It's been a mess.
Speaker 3 (50:22):
You don't just not arrest someone because they're homeless, right.
Speaker 26 (50:26):
Oh, absolutely, And actually, to be fair, the police alongside council,
we've gone really hard on reducing homelessness. So you know,
the council we've managed to reduce the motels way up
to eighty percent, so we don't have as many homeless
as we used to, by the way, But actually when
we do come across homeless, they're given support, they're connected
(50:46):
to services that they need. Even we have City Safe
Guardians that walk around and we've just sent them out
with nurses as well, because you know, some of these
homeless do need help and that help is there if
they want it, some choose not to take it.
Speaker 3 (50:59):
Why was it costing five thousand a month to pick
up the trolleys because there was a.
Speaker 26 (51:04):
Lot, so up to two hundred and sixty on an
average month. But what the problem was is we were
having to employee start well direct, redirect stuff from the
core business they should be doing, to actually take their trucks,
pick up these trolleys, drop them off to the right
supermarkets or you know, kmarts, and it was taking a
lot of time. You add that up, that's five thousand
(51:24):
dollars a month that we do not want to keep spending.
Speaker 3 (51:27):
What do you think of to Percy Mardy who said
that this is an attack by the government.
Speaker 26 (51:32):
On poor people, absolutely ridiculous to be honest, and that's
really unfair on this government who has prioritized reducing crime.
And if you do the crime, then you should be
caught and you should have some consequences. And I agree
with that because in also we got sick of having
these social issues that came from homelessness. We are very
(51:54):
lucky to live in a country where there is support available,
either financial or through emergency housing. You do not have
to be homeless, but if you choose to steal other
people's property act in intimidating ways. Now, I remember it
did say in the articles it was made public that
some of these people being arrested already had other issues
for arrests, such as trespass, violent offenses, you know, the
(52:18):
breaching bail conditions. Some of these people are not helping us,
but they're not helping themselves either. Will see decisions.
Speaker 3 (52:25):
Tanya taps todo a mere thanks for your time, just
gone twenty two to.
Speaker 1 (52:28):
Six The Huddle with New Zealand Southeby's International Realty Elevate
the marketing of your home on The Huddle tonight.
Speaker 3 (52:35):
Q and a host and host of Saturday Mornings on
z B, Jack Taim Hey, Jack Kilder, right, good to
have you on the show. Marris Williamston's here upland counselor
as well, Kilda Morris, Hi.
Speaker 8 (52:44):
Rion, Hi Jack. I shouldn't have said that hijack on
a plane, Morris on a plane, correct, I.
Speaker 3 (52:54):
Just got that right. Let's talk speeds on the roads. Maris,
you look like someone who wants to go fast.
Speaker 12 (53:01):
Well, I was Minister of Transport for some years and
I argued against this that is Zalots always wanting to
go with blanket speed reductions. Look, there are some roads
where you need low speeds, some of the back roads
out of Auckland here where there's lots of curly twisty bends.
Speaker 8 (53:15):
One hundred k's inappropriate.
Speaker 12 (53:17):
But the Zalots and I include the last Labor government,
decided we'll have a blanket reduction of speeds right across
the board. Now, if you look at the Packer Hanger
Highway here where were three lanes either way it was
sixty k and they just put it down to fifty.
Nobody does it, not even the vicar on his way
to church. And it just created so much anger at
just copped an unbelievable and a flat for the stupid
(53:39):
decisions of putting the speed limits down.
Speaker 3 (53:42):
Yeah, Jack, how do you feel about this? Because that
I mean the left is saying and Labour's saying, this
is going to mean that people die and then the
government will have blood on their hands because they're the
ones that made the change. Revest the blanket bank.
Speaker 32 (53:57):
I think there's always a tension with speed limits, and
it doesn't actually matter what the speed limit anywhere is.
I mean, if if you have unlimited speed limits everywhere,
you're going to have more deaths on the road, and inevitably,
where speed limits are higher, you have greater risk of death.
So I think you know you have to you have
to balance those concerns with productivity. And I think Morris
(54:18):
is right in that a blanket approach to reducing speed
limits doesn't work.
Speaker 8 (54:22):
Ideally.
Speaker 32 (54:23):
You want to go round with much more precision and say, actually,
this is a well engineered road, this is a relatively
safe area. We think that we can safely maintain a
speed limit at the current level without having a blanket
kind of approach. And you know, that's obviously where a
lot of the pushbackers come. But you know, when you
go back and you reverse the speed limits, you know inevitably,
you know you do. You do risk the possibility that
(54:45):
there could be serious accents, there could be deaths, and
you know, and if in the future that comes to bear,
and we all hope it doesn't, you can be sure
that the opposition is going to come out and say
this is because the decision your government's made.
Speaker 8 (54:57):
But Brian, one of those was out of schools.
Speaker 12 (55:01):
They wanted to put a blanket down to thirty k
outside of schools full stop. Now, let me just give
you a quick number here, the number of hours in
a year where schools have got kids arriving and leaving.
Given there's six weeks at Christmas they're not there, and
there's three other lots of two week holidays, and there's
Saturdays and Sundays they're not there, those hours come to
four percent of the year where kids are arriving and
(55:22):
leaving school. Now, do you want to put a blanket
down to thirty k for the entire year, or how
about you have a differential speed zone just for the
times when the kids are in danger.
Speaker 3 (55:32):
Yeah, it doesn't make much sense to me why this
was changed in the first place. But anyway, here we
are they're doing. They're reversing that change, although they are
consulting on a whole bunch more.
Speaker 8 (55:41):
Apparently for the rules you have to consult they're not
allowed to just make the change.
Speaker 3 (55:46):
Okay, So where do these rules come from? Because Karen
McNulty was the Associate Minister of Transport and said that
he couldn't get a speed changed on his local road,
you've got the Minister of Transport unable to change speed
lim it's because he nd TA has too much power.
Who gave nz TA power? And can't you just take
it off them?
Speaker 12 (56:06):
Well you can, and that's what Simeon Brown did by
changing the speed rule. The minister has to go out
and consult and then finally table a rule about how
new speed limits are set and so on, and that
you therefore, you can't just sit down and write an
executive order with a big signature on it and on
a black book like Trump does. But you've got to
consult and so on. But he Simon Brown did that,
(56:28):
got a whole new set of speed limit rules settings
in place, and as of the first of July, all
these new speed limits have to be and I'm just
delighted about it.
Speaker 3 (56:37):
Yeah, Jack, the new press sect for the White House, Carolyn,
I don't know if it's leave it or leave it,
but she left it all out there on the and
the briefing today and she's I mean, I kind of
like the style it's takeno prisoners. It's very direct, it's
the it's the antithesis of the last one.
Speaker 32 (56:56):
It's well, yeah, of Biden's one year, but maybe not.
Speaker 8 (57:00):
I can't.
Speaker 32 (57:00):
I mean, Donald Trump went to a couple I think
in his first in his first term. Remember Spicer, he
was always was it Sean Spicer? He was, He was
a character, and we went on to a distinguished career
as a contestant on Dancing with the Stars in the US.
Speaker 14 (57:13):
Yeah.
Speaker 32 (57:14):
I mean it's very it's very on brand for Trump
right to have someone, you know, go up and stand
at the podium and decide to fight back. I mean,
I have no problem with her age, although for some
reason people seem to be moaning about that. I have
no problem with that whatsoever. I do think it's curious
that she's looking to open up accreditation for various other
people in the in the White House Press briefing room.
(57:36):
You know, I have no problem with maybe bloggers and
you know, even even podcast hosts having having an opportunity
to apply for accreditation. I do think influencers might be
where I draw the line. So someone who does no
reporting whatsoever and just shills for companies through an Instagram channel, Yeah,
that's probably not someone I would necessarily want. You know,
(57:57):
you'd hope that people could at least apply a little
bit of scrutiny if they're in that position. But I
suppose this is the Trump way.
Speaker 8 (58:04):
And that room is so dreadfully small.
Speaker 12 (58:06):
It doesn't look it on TV, but it's so incredibly
it's really tiny. So when you get your CNNs and
Fox and all of the mainstream media in the first
few rows, there's no room for anybody else. If you
think of how many bloggers there are in the United
States and how many influences, that you could put it
in the Boody Grand Stadium.
Speaker 3 (58:23):
That all the scene in people are being fined, you see,
so there'll be plenty of room. I would have thought
the new media.
Speaker 12 (58:31):
I just think what a contrast to the last one.
We're Biden would not come out of his little room.
He wouldn't take any questions from anybody unless he was
walking to the helicopter, and then he couldn't hear the
question and you couldn't hear his answer. I mean, Trump's
done more press conferences since he's been elected than Biden
did in the last year.
Speaker 3 (58:48):
Very true. Jack Taym Morris Williamson on the Huddle back
in a second to.
Speaker 2 (58:51):
The Huddle with New Zealand.
Speaker 1 (58:53):
Southerby's international realty, local and global exposure like.
Speaker 3 (58:56):
No other thirteen to six. So it's been a disappointing
start to the parliamentary year. I think anyway this year,
this week in Parliament we've had to Party Maldy call
the Children's Minister Karen Shaw basically saying she's not Moldy enough,
she has a Maldy fucker papa, she fuck up is Maldy.
And today they said you don't know the essence of
(59:20):
being Maldy. I mean, how can you say that to
a Maldy woman. Anyway. Then we've also had from the
Greens accusations that Winston Peters has been xenophobic towards them.
So we're all focused on the right issues. Marris Williamson
on the panel with us and Jack Tame. Marris, I
just shake my head, honestly, I know.
Speaker 12 (59:39):
I mean, it's just a tragedy that it isn't a
debate on real issues and things that affects people's lives,
changes their pocket their pocketbooks, thaty've got some more money.
I think Karen Shew is a particularly good minister, and
I think with her background as having been awarded a
state and so on, she's a perfect person to be
in that role. She knows it's sort of inside out.
(01:00:00):
I've got a lot of respect for that Lady Jack.
Speaker 3 (01:00:02):
A lot of the media, a lot of the texts
coming in is saying, oh, the media doesn't give the
Party Mahdi the same hard time that they would give Winston,
for example, over something he might have said. Do you
think there's truth in that?
Speaker 32 (01:00:16):
Well, speaking speaking personally here, No, and anyone who thinks
that is welcome to go on to the Q and
a YouTube page. Look at my most recent interviews with
to Party Mahdi. My several most recent interviews with To
Party Mardi going back several years, in which case, every
single time I've interviewed these party leaders, I've challenged them
(01:00:36):
about some of the language they choose to use. You know,
I think the language is really ugly. I think the
language today suggesting that Karen Chaw doesn't understand the essence
of being Mahdi wasn't as insulting as some of the
other really deeply personal things that To Party Mardi MP's
have said to the minister. That doesn't make it okay.
(01:00:56):
I'm not suggesting that it's okay for a moment, but
I think it's a very very deliberate tactic. It plays
very well with To Party Maori's supporters and actually sometimes
I wonder if maybe a bit of response from from
the you know, from those people who are most concerned
about this language is actually not to give it the
attention that it is so clearly designed to attract, because
(01:01:18):
they know exactly what they're doing when they're using this
kind of language.
Speaker 3 (01:01:21):
It's hard, though, isn't it, because then you've got you know,
remember the Tyger White Tty campaign that said give nothing
to racism, and you know, call it out every time,
So it's like, well, what do you just ignore it
every time? Somebody doesn't you know?
Speaker 32 (01:01:32):
Well, well, yeah, I mean, I just, I just I
don't know what the answer is necessarily, But I do
think that to party Maori clearly like this is by
design that the language that they choose to use from
time to time, whether you like it or not, it's
it's very much by design.
Speaker 23 (01:01:48):
They know how to they know how.
Speaker 32 (01:01:50):
To get that, you know, get their party in the media.
They know issues in the media, well, they know they
know how to fire people up right, and you know, yeah,
I think it's perfectly legitimate from their perspective to be
attacking Karen Chaor's policies. I think it's perfectly legitimate to
be attacking Karen Chare as a minister, and indeed you
wouldn't expect anything less from an opposition party. I do
(01:02:12):
think when it comes to decorum in that forum, we
could actually expect pretty high higher standards of language around
attacking people at a personal level.
Speaker 12 (01:02:22):
And yeah, yeah, well what I find on Brian, what
I find unacceptable about it is that they are setting
themselves up as some sort of an arbiter and seeing,
we'll determine whether you're mari enough or whether you fit
the mold. I mean, she's been attacked before, is not
being mari enough and all sorts of things like that.
That is just disgusting. That is absolutely disgraceful. Go for
(01:02:44):
the policies and say we don't accept your policy because
it's causing this much harm, and will do so. I
think that's a legitimate role for an opposition to do.
And while I was in Parliament I had heaps and
heaps of attacks on policies that I put in place
and was fine with it. But once you get into
that personal stuff for no reason. I mean, Karen Turea,
I think is a genuine decent lady who deserves a
(01:03:06):
bit of bit more respect than that sort of nonsense.
Speaker 3 (01:03:08):
Yeah, fair enough to Marris Williamson Augland Council. I thank
you for being on the huddle tonight. And Jack tame
q and, a host and host of Saturday mornings here
on News Talk, said, B it is eight to six
red or.
Speaker 1 (01:03:20):
Blue, Trump or Harris? Who will win the battleground states?
The latest on the US election. It's HEAs a duplicy
allan drive with one New Zealand. Let's get connected.
Speaker 2 (01:03:30):
News Talks ed B.
Speaker 3 (01:03:33):
News Talk said B it is six to two six.
After six we're going to talk, well, actually after six
thirty we're going to talk to Andrew Curtain from Milford
Asset Management. So that's just before the news at six
thirty about the stocks and how they're bouncing back after
the deep seat shock. Not bouncing back in an enthusiastic way,
not like a big bounce, just a little tiny bounce. Yeah,
(01:03:54):
like you dropped the bouncy ball rather than you threw
it with force at the ground.
Speaker 33 (01:03:58):
We've got a producer, Laura to city that it might
be a bit of what you'd call a dead cat bounce.
Speaker 3 (01:04:02):
A dead cat bounce, that's what I'm looking for. Thank you. Now,
the hospital business where the hot water at Auckland Hospital
in the main building that was potentially going to be
off for seventy two hours. They are hoping they can
avoid that, so they've sent us a statement. This is
from Health New Zealand. There will be a full shutdown
now of the water system and Building thirty two from
(01:04:24):
six pm tonight. This is for all the cold and
hot water, so they're hoping. This is expected to last
for up to ten hours and will mean no tap
water will be available throughout the Building thirty two until
we have the issue resolved. They've got some questions and answers,
which I'm sure you have. Are there plans to move
any patients out of Building thirty two to another building
(01:04:45):
until the hot water is fixed? If not, will new
mums be transported from maternity services to other buildings for
a shower when they need one. No patients in Building
thirty two will not be moved. We have made plans
for new mothers to have access to a shower in
an unaffected part of hospital, So there you go. Other
than the maternity services, the only other services are affected
(01:05:06):
are approximately six hundred inpatient beds in that same building
and building thirty two. There you go. If you're there,
you'll probably already know about it. If you're not, they're
long and the short is there's no water for ten
hours potentially tonight. I mean, look, you want to say, oh,
the hospitals are underfunded and they're overrun, and you know,
(01:05:27):
somebody should have thought about the pipes. But at the
same time, this happens, doesn't it. I mean, it's a
big building, it's a commercial building. I'm sure it happens
to a lot of places. It just so happens that
when it happens to a hospital, you know, you think
the worst. A very good text here on the Nuclear Clock.
We are going to have an interview on then after
six thirty as well with a scientist, just to talk
about how significant it is, David says on the Nuclear Clock, Ryan,
(01:05:49):
all well and good about the ongoing deterrent nature of
a nuclear weapon, unless that is Donald Trump mistakes his
nuclear button for his diet coke one, because they're apparently
the same color, and it's true he does have a
diet coke button. Coming up after six, We've got news next,
and then Fonterra, What's Up, What's down?
Speaker 2 (01:06:32):
One with a major cause and how will it affect
the economy.
Speaker 1 (01:06:36):
The big business questions on the Business Hour with Ryan
Bridge News Talks.
Speaker 2 (01:06:41):
At b.
Speaker 3 (01:06:44):
Good evening. It is seven after six on News Talks.
Hed be coming up Janee Tips Trainee on the number
of us who are switching banks as mortgage rates start
to come down. Also, we are with Andrew Kurchaine Milford
Asset Management on the tech stock dead cat bounce. Right
now though, Fonterra is set to invest one hundred and
fifty million dollars to convert its North Island gas boilers
(01:07:05):
to electricity. It's a move that will lower its total
gas use by almost forty Chris Caine is Fonterra's director
of Global Engineering and Technical Hey Chris kira alro on,
how are you going? Yeah, really good, thank you. So
until now you've been converting your coal boilers. Why are
you now moving on to gas.
Speaker 13 (01:07:24):
Well, we've always had a plan to convert gas boilers
at a point in time, but downstream security, they are
rising costs of gas and carbon just makes us an
opportune time for it to.
Speaker 3 (01:07:35):
Get on with that. So it's what one hundred and
fifty million dollars to do.
Speaker 8 (01:07:38):
This is that right, that's correct.
Speaker 13 (01:07:41):
There are the rights across three sites for Edgecomb and
a small portion at our White Eye site.
Speaker 3 (01:07:46):
Is this in relation to in reaction to the gass
you know, spot price hikes that we've seen in recent times.
Speaker 13 (01:07:55):
Well, look, we've got long term gas contracts in place,
so we're not so much affected by that. But you know,
as I mentioned, it's always no plan to get the
fossil fuels and the security of supplies probably top of mind,
so it just made sense for us to bring that
forward a little bit.
Speaker 3 (01:08:09):
The fact the government's saying they're going to open up
for oil and gas again, that doesn't change the situation
for you, I don't think so.
Speaker 13 (01:08:16):
There our primary focus is and making sure we've got
a reliable security energy source for our sites, very critical
to make sure we can process our farment's milk. So
they'll do what they have to do, but we'll have
to make the cause that is the best interests of Fonterra.
Speaker 3 (01:08:31):
What'll it cost you to run electricity versus gas?
Speaker 13 (01:08:36):
All wouldn't be able to share that with the offline.
But look, in the long run, we see gases getting
more expensive, we see carbon prices increasing, and we see
electricity as a reliable and economic, secure source of energy
for the future.
Speaker 3 (01:08:52):
Will it be more expensive?
Speaker 13 (01:08:54):
Initially it might be a tad more expensive, but in
the long run it'll be more economic, particularly aout of
the gas price as are going in carbon taks.
Speaker 3 (01:09:01):
A lot of people say this is ironic. You know
your Fonterra it's dairy. The impact that has on you know,
global warming versus a couple of boilers.
Speaker 13 (01:09:13):
Well, maybe the case with an actual fact. You know,
we're probably fifty percent of New Zealand's process heats, so
our scope one and two emissions are very large by
New Zealand context, and I think everything we do is
actually is great for the environment and great for our carbon.
Speaker 3 (01:09:27):
Do you would all worry about the electricity sector more
generally the fact that we are relying on electricity. We
have had problems with gas, and you know, we're largely renewable,
and then we have winters that don't do the things
that we need it to do. We doesn't rain enough, whatever,
we start to run into problems. Is that as legitimate
(01:09:48):
concern for you?
Speaker 13 (01:09:49):
Look, maybe in the short term, I think in the
long term in New Zealand is a wonderful country for
renewables generation. I don't think we have a problem with
I think the immediate and short and medium term problem.
Short term problem is transmission distribution. So now these projects
of PHACE can then around at the back end of
twenty twenty six and then stage thirt firero probably towards
twenty seven twenty eight. So we're pretty confident now we
(01:10:10):
can get the transmission distribution up. We're very comfortable and
confident around the country's ability to supply renewable energy. So
I think in a long term that's the view we'll take,
and we're very comfortable with that.
Speaker 3 (01:10:23):
And all said and done, once you've done made these
two major changes, how much of your operation will be
run by coal, how much by gas, how much by electricity?
Speaker 13 (01:10:32):
Well it's a good question. You know, the South Island
we're getting off coal very quickly, so we've got a
mixture of the coal and biomass, and it's framptly swhich
are into biomass electricity. North Island we're heavily leveraged on
gas because it's reticulated, so this is probably the first
moving off gas there. So you know, electricity becomes a
bigger portion I don't have the figures on the top
of my head, but you know, give you some sints. Now,
(01:10:55):
by twenty thirty will be fifty percent reduction emissions Scope
one and two, which means at only fifty to thirty
fossil fills, and probably at the end of twenty seven
I think will be about thirty three percent of the
way There're so that gives you sort of an idea
of that sort of trajectory towards renewables.
Speaker 3 (01:11:10):
Okay, because you had hoped to be completely coal free
by twenty thirties, is that still going to happen?
Speaker 13 (01:11:17):
No, that's not correct.
Speaker 8 (01:11:18):
Now.
Speaker 13 (01:11:18):
Twenty thirty seven is a ceceasion date for coal, and
that was always our targets about a coal by twenty
thirty seven, and we are breaking the back of it
at present and towards the end of the decade, but
it will still some time to be totally off coal.
Speaker 8 (01:11:32):
Are you?
Speaker 3 (01:11:32):
Are you but loose on that date?
Speaker 13 (01:11:35):
Well, twenty thirty seven is a firm date and we
have to be before that. But you know, we have
to manage the workload, we have to manage a security
of supply. So now I think we'll be before that date.
But twenty thirty seven is a drop that date.
Speaker 3 (01:11:49):
Okay, what happens if you don't? You just have broken
a promise. There's no agreement, your sign it.
Speaker 13 (01:11:54):
Won't it won't be an option because you know, as
I say, twenty thirty seven there's a secession date. We
won't have a conceit to burn coal after that, and
we have public commitments and we have you know, security
the supply. So again I'm confident will be before twenty
thirty seven.
Speaker 3 (01:12:09):
We have to be all right, Chris, thank you very
much for that. That's Chris Kane, the director Global Engineering
and Technical at fon Terra. They are if you're just
joining us, they're investing one hundred and fifty million dollars
to convert their North Island gas boilers to electricity. It's
twelve minutes after six. You're on News Talk CB. Andrew
Curtain will be coming your way in a few moments
(01:12:29):
time from Milt Milford Asset Management will look at the markets.
But up next it's Tonde Tips training and we're going
to talk about how many of you at the moment.
Actually I said to my partners say, because we need
to do this, the whole fixed you know readjust what
do you call refix your mortgage? We have to do
that thing. And I said, let's just go shop around.
Let's go, you know, flirt with some bankers and see
(01:12:51):
what we can get. And that's what we're going to do.
That's the plan for next week anyway, because they're all
be just hungry at the moment, one't theyre chomping at
the bitch try and get new business. Apparently we are
not alone. Many of us are trying to do the
same thing right now. And Jane, I'll have more on that.
Speaker 2 (01:13:07):
Next crunching the numbers and getting the results.
Speaker 1 (01:13:10):
It's Heather Dupi c Ellen, Width of Business hour and
MAS insurance and investments, Grow your wealth, Protect your.
Speaker 2 (01:13:17):
Future please talks eDV.
Speaker 3 (01:13:22):
So there's a lot of mobile companies out there claiming
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And boy is this testing thorough. It's like for light
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(01:13:45):
at the same location performing the exact same action like
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They also supplement their scoring with crowdsource Starta, which covers
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(01:14:05):
Z's mobile network performed the best, winning for both voice
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So if you're with one end Z, it's good to
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you're not, check out one dot enz and join the winners.
Speaker 2 (01:14:24):
Cry and Bridge.
Speaker 3 (01:14:26):
You're on news Talk CREB. It is seventeen after six.
It seems the mortgage wars are on. People are increasingly
shopping around for a better mortgage rate. Banks switching has surged.
In December, Training is The Herald's Wellington Business editor. Good evening,
Hey Ryan, nice to have you on Janay. How much
is being moved around here?
Speaker 34 (01:14:46):
Well?
Speaker 5 (01:14:47):
In December, which is the month that we have the
latest dart available for two billion dollars of mortgage debt
changed hands between banks and non banks. So that is
actually a record amount since at least twenty seventeen when
the Reserve Bank started publishing the start. Now, if you
look at that two billion dollars as a proportion of
all the new mortgage mortgages written during the month, that
(01:15:11):
makes up twenty five percent of that sum. So you know,
in dollar terms and in percentage terms, that was really significant.
I mean, yeah, for the month of December. Now, now
we had seen it in prior months similarly large sums
of money switch hands between banks and non banks. Now,
(01:15:32):
the Reserve Bank data doesn't, you know, give you a
reason for exactly what was going through a borrowers' minds
and why they were doing it. But I talked to
loan market mortgage advisor Bruce Patten earlier today and he said, basically,
people were cha chasing lower interest rates.
Speaker 23 (01:15:48):
So you know, they were.
Speaker 5 (01:15:49):
Happy to pay in some instances, happy to pay break
fees at their bank and give back any cash incentive
that they received from the bank. They were happy to
do that to get a deal, better deal from from
a different bank.
Speaker 3 (01:16:02):
Right, And do we know where they're coming from and
where they're going to what does the data not get
that into that kind of detail.
Speaker 5 (01:16:08):
Yeah, the data doesn't get into that kind of detail.
Another factor I think with this is that it has
been easier for people to switch bank because people have
been fixing their mortgages at really short terms, like six
months or a year. A lot of people have also
been putting their mortgages on floating rates. So actually, in November,
(01:16:30):
which is the month where the newest data for nearly
half of new mortgage debt was floating. So you know,
if a lot of your mortgage is floating on a
shorter term, a lot of it will expire. You know,
it's easier to get it all to mature at the
same time, so you could shift the whole lot to
a new bank, you know, because you can't shift part
of your mortgage for a new bank and keep part
(01:16:50):
of it at the old bank.
Speaker 3 (01:16:53):
So I think that unless you want to cut your
house up, of course.
Speaker 5 (01:16:56):
Exactly exactly, So you know, I think that that that
has definitely made it easier for people to shift than
if you were say, locked in for two years and
you couldn't move because you had two years to go
or something like that.
Speaker 3 (01:17:08):
That's interesting. So that might explain some of the big
the big shift that's going on. Are the banks offering
are they being competitive?
Speaker 5 (01:17:16):
Well, you know, that's that's the big question at the moment.
Bruce Patton thinks it's not not not too competitive with
those rates. You know, banks are maintaining their profit margins,
so they're cutting as much as they can, but their
shareholders are certainly happy, you know, those bank profits have
remained elevated. I had wondered as well whether perhaps people,
(01:17:38):
you know, because there's been so much chat about bank
competition and so on, I had wondered whether people who
had gone to the mortgage brokers and said, oh, there's
all this you know, chat on social media and in
the news about bank competition, can you get me a
better deal? But again, it's hard to sort of get
sort of firm data on that. But but Bruce said,
you know, people are all over social media on this stuff.
(01:17:59):
So they're in chat groups and they're on Facebook, and
they're all chatting about where the best deals are. You know,
that does prompt a bit more engagement than there would
have been, you know, back in the day before you
could talk about your mortgage rate with your mates online
or with strangers Gammy.
Speaker 3 (01:18:15):
Cases exactly today. Thank you for that fascinating stuff. Jena Trainey,
New Zealand here Wellington Business Editor with us talking about
the switcheroo that's going on as people try and get
better deals, and so they should and it is good
that people talk about it, you know, in the workplace,
when they say, don't tell your colleague what you get paid,
because then you'll all start a revolution. It's not that
(01:18:38):
rule does not apply outside of the workplace. When it
comes to your mortgage. You should tell people what your
rate is, and you should tell your friends, and you
should join these websites and there's groups now where you
can go on and tell people your branch, your bank,
and what your mortgage interest rate is. And then the
people who live in your neighborhood can go, well, excuse me, Barry,
I happen to know that you've given this person this rate,
(01:19:02):
and therefore you should give me the same rate. Twenty
one after six.
Speaker 2 (01:19:07):
If it's to do with money, it matters to you.
Speaker 1 (01:19:10):
Give a business hour with Ryan Bridge on Newstalks B
six twenty four.
Speaker 3 (01:19:15):
Let's got Andrew Curtain Milford Asset Management. Andrew good Evening,
Hi right, how are you. Yeah, really well, thanks, good
to have you on the show. Techtoks the kind of
coloring back at half their losses today.
Speaker 30 (01:19:28):
Yeah, that's right.
Speaker 23 (01:19:28):
We had a one point five percent rally in the Nasdaq,
which is against the three percent full yesterday. What's what's
good of going on today is people starting to learn
a little bit more about this Chinese company, Deep Seek,
which is an AIA model company and came up yesterday
announced and it had models almost as good as Chat GPT,
sort of the leading model player. But people now started
(01:19:51):
to learn that, you know, maybe this is actually good
for the AI industry. Maybe this is good for the
overall market because if you've got sort of fast improvements
in AI model efficiencies, that means everyone's going to be
able to access generative AI earlier and at a lower
cost points. So really the market's starting to consider is
(01:20:11):
this a positive thing?
Speaker 3 (01:20:13):
Who's most affected by that? And I'm talking negative here,
who's most affected by this or the tech firms?
Speaker 23 (01:20:20):
Yeah, we think the big loser is the unlisted company
Open Ai. This is a company that owns Chat GBT.
It's sort of considered the model or the AI model
leader at the moment in the world, and deep Seek
is now showing that with you know, actually a lot
lot lower cost people talking about between ten to twenty
times lower cost. Is built a model which is which
(01:20:42):
is almost as good or.
Speaker 2 (01:20:43):
As good as chat GPT.
Speaker 23 (01:20:44):
So they're sitting their loser, they'll be they'll be panicking
at the moment and trying to sort of work out
what to do the next Probably the next biggest loser
or the company that say has got a higher risk
level now is Nividia. So Nividia benefits from selling a
lot of high performance chips to companies like open Ai. Now,
if you've just made models more efficient, you don't necessarily
(01:21:05):
need as many of these chips. So Nividia is, let's say,
the risk that people might not be buying as many
of these chips from Nibdia has gone higher. We'll get
a bit more color from this and when we have
Microsoft and Meta Results reporting tomorrow morning, and they should
talk a little bit about sort of outlook for Capex,
which basically means how many chips are they going to
buy from Niberdya.
Speaker 3 (01:21:24):
It's interesting because what Donald Trump's reaction has been is like, well,
this is great for competition. We should have been on
the ball with this. China's actually doing something right here,
and I guess they'll now be looking at Deep Seat
as they did with TikTok for national security concerns.
Speaker 8 (01:21:40):
That's right.
Speaker 23 (01:21:41):
There's actually anouncement overnight from the White House who came
out and said that the National Security Council is reviewing
the implications of deep Seek. And they've also said, and
Trump's been saying this the last couple of days, that
it's a wake up call to the American AI industry.
So put this in context, Trump is really pro American
(01:22:01):
AI leadership. He wants America to dominate the AI industry,
so he's going to do everything he can to make
sure America maintains this leadership.
Speaker 3 (01:22:11):
And here at home, the only real big mover was Infantil.
Speaker 23 (01:22:16):
The inverto was down four percent yesterday, down I think
another one and a half percent or so today. The
reason for that is Invitel's largest investment is a data
center company called CDC. So yeah, same sort of theory
with Navidia having high levels of risk that maybe there's
going to be less growth in data centers over coming years.
But you know, it's hard to tell us early stages.
Speaker 8 (01:22:38):
CDC is sort of the very.
Speaker 23 (01:22:40):
Good business and who's doing well, so the market's kind
of racked in first and probably digestive information.
Speaker 3 (01:22:45):
Good on it. Great to have you on the show,
Andrew Andrew Curtaine, Milford Asset Management, twenty eight minutes after
six coming up after the news that doomsday cop Do
we bother listening? Are we counting? Are we checking down
and worrying and stressing it about this or do we just.
Speaker 2 (01:23:02):
Ignore the clock, encroaching the numbers and getting the results.
It's Ryan Bridge with the Business Hour on News Talks NB.
Speaker 3 (01:23:17):
Feeling down make you even twenty four away from seven
News TALKSB. Earlier we were talking about the lithium iron
batteries and the numbers are quite interesting. So the number
of fires that they think they suspected being ignited had
been lit by lithium ion batteries In twenty twenty there
(01:23:38):
were fifty one. Last year in twenty twenty four there
were one hundred and four, so it's doubled over four years.
Not insignificant, especially when the back of rubbish trucks are
exploding and bursting into flames. It's not a great thing,
is it. Interestingly. So it's vapes, it's eat scooters, it's
mobile phones that have got these lithium ion batteries in them.
(01:23:59):
There are at Auckland Council the waste disposal people say
that in December alone, this is just Auckland, they had
six hundred laptops in the putting the bins. What I mean,
that is one item I have to say. I mean,
obviously you should do everything properly, but that is one item.
(01:24:20):
I would definitely go and find a digital place to
dispose of it. You know, it's quite a large piece
of equipment too, but six hundred of them in one month, honestly,
I mean, how often are people getting laptops new laptops?
Obviously every year, get rid of that one at Christmas
Boxing Day sales and then you've got a brand new
one for January? Is that how it works? Twenty three
(01:24:42):
to seven, the doomsday clock has inched ever closer to
midnight than ever before, and the atomic scientists that set
the clock have set it now at eighty nine seconds
to midnight. Symbolic it shows us how close that humanity
has come to the end the world. Jack Khnemann is
a professor of genetics at the University of Cantaburani's with
(01:25:05):
me tonight, Hijack.
Speaker 25 (01:25:07):
Hello, it's good to be here.
Speaker 3 (01:25:09):
Do I take this seriously?
Speaker 2 (01:25:12):
Well?
Speaker 25 (01:25:12):
I think you should. I mean, the atomic scientists have
been publishing on the Clock for since the late nineteen forties,
and while we're still here, they have given us an
indication of the kind of stresses on our planet and
on our society that are leading us ever closer to
our own destruction.
Speaker 3 (01:25:33):
Don't they. I mean, because it's been around since the
nineteen forties, don't they have to move it every year
just to justify being the.
Speaker 25 (01:25:44):
Yeah, so that they can earn a living Yeah. No,
it hasn't always moved closer to midnight. There have been
times when it's moved further away from midnight. There have
been good news stories like the fall of the Soviet
Union moved the clock backwards. It reduced tensions for nuclear warfare.
So it doesn't always go in one direction, which you
(01:26:04):
might expect if they were trying to raise subscription rates.
Speaker 2 (01:26:08):
Why why is it?
Speaker 3 (01:26:10):
Why is it bumped to eighty nine then from ninety
last year? I mean's what's so precarious about the world
right now? That you know, didn't. I mean, we had
the war with the Ukraine, we had Russia's aggression, we
had the Gaza War going on the Middle East. If anything,
what's happened in the Middle East in the last little while,
particularly with Iran's weakness, you could argue you might have
(01:26:33):
put that to bed a little bit more.
Speaker 25 (01:26:36):
It's it's a very difficult, difficult equation, and it's not
just one or two events that they factor in.
Speaker 2 (01:26:42):
It's across the board.
Speaker 25 (01:26:44):
So yes, it's it's only one second change, But in
part it tells us that things haven't improved. Nothing has
gotten better in Ukraine, and really nothing is a lot
better in Gaza. At the same time, in both of
those theaters of conflict, there have been discussions about introducing
(01:27:06):
weapons of mass discussion destruction, such as nuclear weapons. That
has increased tensions in many different parts of the world.
On top of that, we're still looking at really no
substantial progress on controlling carbon and climate change, so we
continue to put pressure on societies and infrastructure the environment
(01:27:33):
in ways that get us to a tipping point. But
I think what they've drawn particular attention to this year
is the uncontrolled possibility of further disruption to our biological ecosystems,
not just through the spontaneous occurrence of a new kind
(01:27:53):
of pathogen that's still a possibility, but also because we
are developing very rapidly our use of gene technologies and
creating ever more opportunity for both accidental and nefarious use
of life in either warfare or release into the environment
(01:28:15):
through I suppose good intentions that go bad.
Speaker 3 (01:28:19):
So we got like something in a lab some lab,
and I don't know, China or maybe America, whatever, something
leaks and we all get wiped out. They're taking that
into account here too.
Speaker 25 (01:28:30):
That's one scenario. The other scenario is that, just like
New Zealand is discussing right now, we deregulate the use
of gene technologies so that they can be used outside
of the lab by more people, fewer people trained, and
more organisms exposed to the gene technology, leading to ever
more complicated mixtures of organisms that might already be released
(01:28:56):
rather than in a laboratory and then escape to.
Speaker 3 (01:29:00):
The grab bag of horrible things that could happen to
planet Earth. What what happens at when the clock hits midnight?
Speaker 25 (01:29:08):
Oh yeah, I suppose we won't be here if it
actually hits midnight, that's just something you won't know about
the You know, the clock can cause people to disengage
and to be depressed about circumstances. But I would hope
people would look at it another way. It's also telling
(01:29:30):
us that we have a pathway back. We have we
have clear indicators of where we should put our priorities
to help heal the earth and make it make the
earth again a much more welcoming place to sustain human life.
Speaker 3 (01:29:46):
Tick tick Jack tick yep, thanks so much having with me.
That is Jack Heyneman. He's a professor of genetics at
the University of Canterbury. Talking about the doomsday clock eighteen
minutes away from seven, A lot of people saying, why
do they have the climate change? Why do they throw
climate change in there? This is what I mean. I
think they just they've added to it over time, haven't they.
(01:30:07):
It's it's more from just a nuclear weapon, warning clock,
warning sign barometer. It's become in everything. It's become an
end of the world. Oh well, I guess it's become
the doomsday clock, hasn't it. And there are many reasons
that the world might be doomed. That's what we've learned.
Seventeen minutes away from seven. We've got our UK correspondent
(01:30:29):
coming up for Top of the R two.
Speaker 1 (01:30:30):
Whether it's macro, micro orgos, play economics, it's all on
the Business Hour with Ryan Bridge on us Dogs ev.
Speaker 3 (01:30:40):
Just go one quarter to seven. We just spoke to
a genetic professor of genetics at the University of Canty
about the doomsday clock, which predicts the end of the world,
High Ryan, isn't the clock cumulative i e. The Cuban
missile crisis? The clock jumps forward heaps obviously, but then
once it's averted, does it jump back heaps? Yes, it does, Ryan,
I'm an ee near. How of this person talking was
(01:31:01):
just a lot of ball a lot of ifs. Is
there a concrete, verified research behind this, asks Harry. I
mean yes, they are all experts in their fields, but
I mean it is a lot of guesswork. And also,
how do you compute all of that vast and disparate
information about nuclear war and climate change and AI and
(01:31:24):
put it into a clock. I mean, this just sounds
a bit absurd, doesn't it. It's just gone fourteen away
from seven now, and we're going to the UK Gale
downies with us Hi Gail, Hi, Ryan, lovely to have
you on the show. Tell us about the It sounds
a bit like our government yours is fighting for growth.
Speaker 34 (01:31:42):
That's exactly right. And the Chancellor, Rachel Reeves has been
talking about a major announcement for a week now and
today is the day she's going to make that major announcement,
which is expected to include the government giving it support
for a third runway. He Throw Airport to get with
expansion plans at Gatwick and Luton, so the government can't
(01:32:04):
prejudge the results of any planning application, but the boss
of Heathrow has said the airport needed a clear steer
from the government by the end of this year. He's
argued the expansion is needed to keep up with rival
airports in Europe which have fewer passengers and more runways.
Are given examples. So Heathrow had eighty million passengers in
twenty twenty three and has two runways. Meanwhile, Skipple Airport
(01:32:27):
at Amsterdam has six runways, dealing with around sixty million
passengers a year. However, any plans for expansion third runway
have been opposed in the past and probably in the
future by environmentalists and residents living near the airport, and
even some labor MPs. The Tories say, Rachel reeves plans
(01:32:48):
have been hastily cobbled together.
Speaker 3 (01:32:51):
Goodness, mate, let's talk about these numbers you've got for
us a healthy food, a basket of healthy food versus
a basket of not so healthy food. What's the difference.
Speaker 34 (01:33:01):
The difference is that a basket of healthy food, so
it would cost around sixteen dollars for basically a thousand
calories of healthy food, is twice as much as that
of eight dollars for the equivalent of less healthy food
such as ready meals and process mates. And it's analysis
(01:33:21):
that has been done by the UK charity, the Food Foundation,
which is worrying them because it says low income families
simply can't afford to eat healthily. So how it calculated
it is it took the average price of four hundred
and fifty food items that are used by the Office
of National Statistics to calculate monthly inflation. It then graded
(01:33:42):
the foods on their nutritional value. And that the concern,
of course, as I mentioned, is the fact that so
many households, it's estimated eight million households in the UK
are dealing with food insecurities and have cut back on
healthy food because of that.
Speaker 3 (01:34:00):
Interesting basically double, isn't it. The bear stuff costs you double?
Speaking of expensive for you is a brut and for
me as a key we we in basically anyone who's
outside of the EU, we're going to have to pay
more to see the Mona Lisa.
Speaker 34 (01:34:17):
Yes, it's part of a major refurbishment of the Louver
where the Mona Lisa is house. And it was the
French President Emmanuel Macron who talked about the expansion plans yesterday.
In fact, he's running an international competition to find out
find an architect or planner whoever to design the refurbishment,
(01:34:37):
and he says that he's taking the Mona Lisa from
its current position in the Louver, going to put it
into a separate exhibition space alongside that, as you say,
non EU residents like yourself and myself are going to
be charged more. He hasn't explained why we're going to
be charged more, but he just said we will be
(01:34:59):
charged more.
Speaker 3 (01:35:01):
I suppose someone's got to pay for it, don't they.
And it looks like it's our scale.
Speaker 8 (01:35:05):
Thank you.
Speaker 15 (01:35:06):
It is.
Speaker 3 (01:35:08):
That scale down. You have a great day at UK
Correspondent with us. Just go on ten to seven on
News TALKSB. Big fuss has been made, by the way
about what Jason Walls told us about earlier in the show.
This is Shane Jones shouting send the Mexicans home while
the Green MP's were speaking a Ricardo Mininda's march is
(01:35:30):
obviously from Mexico. You can't say that well, I mean
you can't say that it's the free world. I don't
think you should say something like that. It's not a
particularly constructive way to be debating in Parliament as it
is ten to seven.
Speaker 2 (01:35:46):
Whether it's macro microbe or just playing economics.
Speaker 1 (01:35:49):
It's all on the business hours with Hinther Dupleicy Ellen
and Mas Insurance and Invests, Crew, Your Wealth, Protect your Future,
News Talks NB.
Speaker 3 (01:36:00):
We've been talking a lot this afternoon, this evening at
seven Away from seven about lithium and the lithium ion batteries.
I was quite interested to read so half of all
lithium produced in the world comes from Australia. Then you've
got countries like China and Chili who produce the rest
of it, along with a bunch of other countries, but
Australia is by and large the main one, more than
fifty percent of output. I was interested to read today
(01:36:22):
that every ton of lithium that's extracted from mining, you
generate fifteen thousand tons of carbon dioxide. So although it
is going you know, the lithium is going into batteries
which are going into evs, which is obviously good for
fossil fuel emissions, etc. You are still creating carbon dioxide
(01:36:43):
by extracting it from the earth. And you can do
it in two ways. You can do it through hard
rock like your traditional mining as we would know and
see it, or you can do it what they call
through extracting through brine, which it says here is an
extremely salty liquid sits underground. The is pumped up to
the surface into big ponds, left for a couple of
years for the water to evaporate, leaving behind lithium salts.
(01:37:07):
That uses two million liters of water for every ton
of lithium produced. So there you go. I mean, I
guess that nothing is going to be good, is it.
If you want to if you want to produce something,
if you want electricity, if you want power, if you
want innovation, if you want advancement, then it's going to
cost you something. It's going to come at the cost
(01:37:28):
of something. Nothing is free. Thank you so much for
all of your texts today. A couple more on the
speed limit that I didn't get to earlier. Higher one
hundred kilve minutes an hour is enough for anybody. I
set on that speed on our highways and the huge
majority of the idiots feel the need to pass me,
says Dennis. Dennis. I mean, look, you're going to speed limit.
(01:37:49):
I can't say anything about that. But some people, you know,
some people just want.
Speaker 33 (01:37:55):
To get And we're running out of time on the
show today, aren't we, Ryan?
Speaker 3 (01:38:00):
Are we actually no, No, you're fine. Do I need
to speak or do I need to slow down? What
are we listening to? What are we going out today?
Speaker 33 (01:38:09):
James Blunt, you're beautiful to play us out tonight?
Speaker 8 (01:38:11):
He is announced.
Speaker 33 (01:38:12):
He has announced that he will be coming to New
Zealand to play. Unfortunately just the one show, so you
will have to get to Auckland for it. It's going
to be in Spark Arena on the twenty first of
October this year at Spark Arena, being in Auckland. I
was thinking to myself. I was like, oh, hang on,
wasn't he just here did a show at Spark Arena
not that long ago? And that's true, but it was
in twenty eighties, so you know that time just sort
of flies, doesn't it?
Speaker 26 (01:38:32):
Right?
Speaker 3 (01:38:32):
That long time ago? All right, here he is and
we'll see tomorrow from my.
Speaker 27 (01:38:37):
Face that our.
Speaker 2 (01:38:40):
Fine.
Speaker 11 (01:38:42):
Don't think that I see her jam we shall morman
Tha will last. Yam, yuh beautiful, yu your beautiful. It's true.
(01:39:05):
I saw y'all pants in a cloud in place.
Speaker 2 (01:39:12):
And I don't know want to it's a they with you, my.
Speaker 11 (01:39:37):
Y'all beautiful, y'all beautiful, y'all beautiful.
Speaker 3 (01:39:44):
It's truth.
Speaker 18 (01:39:48):
It must be.
Speaker 2 (01:39:50):
With a flood on her face when she thought that
I should be with you.
Speaker 23 (01:40:05):
But it's time to face the true.
Speaker 2 (01:40:11):
I will never be with you.
Speaker 1 (01:40:18):
For more from Hither duplessy Allen Drive, listen live to
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