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July 2, 2026 14 mins

FIRST WITH YESTERDAY'S NEWS (highlights from Thursday on Newstalk ZB) Good News Only, Thanks/Long Way to Go to Fail/Can't Trust Someone With Funny Eyes/Podcast Roulette

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Speaker 1 (00:09):
You're listening to a podcast from News Talk Said B.
Follow this and our wide range of podcasts now on
iHeartRadio Used Talk Said Talk.

Speaker 2 (00:24):
Hello, my beautiful beanings, and welcome to the bean for Friday.
First with yesterday's news, I am Glenn Hart, and today
we're looking back at Thursday and we've got this brain
game going on now. Of course we're sucking the brains
back into New Zealand from Australia, which is probably good.

(00:45):
I suppose Michael laws weird saying his name out loud.
I'm worried that he might suddenly appear he's back maybe,
And then we're going to do some podcast roulette to
finish up not just the podcast but the week. But
before any of that, the IMF, the Impossible Missions Force,

(01:06):
has done a report about New Zealand. We had how
all these places do these reports about New Zealand? Well,
is it any of their business?

Speaker 3 (01:14):
There's the odd case where you'd want to listen former
world leaders, current world leaders, banks who lean your money,
rating agencies who dictate your cost of borrowing. Oh, listen
to that. But your oecds, your IMF's, your world banks
are United Nations. Do we really care they all come
down here. Someone tells them that we don't have a
capital gains tax, and they say, ah, well, I know

(01:35):
what you need, a capital gains tax and raise your
pension age. The IMF is here doing this right now.
They outline the problem quite well. We have a structural deficit.
Government spends more than it earns. We all know this.
It's borrowing money from the rest of the world just
to keep our heads above water. It's struggling paycheck to paycheck,
taking out payday loans to cover the in betweens. That's

(01:56):
what we are. In fact, it's gotten so bad. I
did some numbers on this, told you about it earlier
this year. Next year, five and a half thousand dollars
of taxes that you pay as a house will go
straight to paying the interest bill on our debt five
and a half grand a year just in interest, more

(02:17):
than we spend on schooling our kids through primary and secondary.
Insane right. Debt servicing is now the fourth largest line
item on the government's books, according to Treasury. So enter
the OECD or the IMF or the OEIMF who cares
their solution a comprehensive capital gains tax that could raise
the equivalent of one percent of GDP, roughly harving the

(02:39):
country's fiscal deficit, a deficit they say we should pay down. Yeah,
the problem with demanding more tax to pay for bad
spending is that it encourages more waste and gluttony. It's
like gorging on fast food, paying for the skinny jab
and then getting fat all over again. You don't learn discipline,

(03:00):
there are no consequences to it. And once the next
structural deficit inevitably arrives, which it will, you know what
the imoecds will recommend and other bloody tax.

Speaker 2 (03:13):
Yes, I reckon. When it comes to these reports from
these overseas institutions, we should ignore them unless they say
nice things. But like you know, if you're some kind
of a performer, you get your management just to pass
on the good reviews and throw away the bad ones.

(03:37):
And I think we'll all feel better about ourselves and
then we'll all do better news talk z been. And
then all the people who.

Speaker 4 (03:44):
Move to Australia will come back and the big one
limited access to social services, as in the Queensland government
helping them out if they get into financial hardship. The
Queensland government quite rightly says I'm sorry, you're not an
Australian citizen. You've come over here to make a new life,
but you've got into trouble. You haven't You haven't begged
yourself with some savings and we can't value out.

Speaker 5 (04:05):
What a turnaround it is, isn't it? From everyone talking
about the glass Ossie's incredible to now Queensland saying you know,
do you research? It's not that great over here? The
grass isn't that that green? But who moves to another
country with no cash and no way to get home?
I can't imagine doing that. Also, what kind of person
would move to Queensland and then expect the Queensland government

(04:28):
to look after them if it doesn't go right?

Speaker 4 (04:30):
That is the biggie there, right, I mean, you.

Speaker 5 (04:31):
Go over there, try and make it. If you don't
just scurry off home with your tub between your leagues,
don't you? Yeah?

Speaker 3 (04:37):
I mean part of me?

Speaker 4 (04:39):
How long do we have that? It was headline after
headline saying Australia is now the land of milk and
honey again and the New Zealand is broken. So if
you're young, don't even worry about New Zealand. Just shoot
off to Australia. They'll sort yet you'll be able to
make a life and in one hundred and fifty thousand
dollars a year and your dreams will come true. And
then all these young people clearly said, okay, I'll give
it a go. I've got nothing to my name, I
don't really have any skills. I'll just go over there

(05:00):
and see if I can make my dreams come true.
And they get crushed, you know.

Speaker 2 (05:04):
I for friends of mine moved to Earth, which is
it's like two countries away, three countries away really with
their whole family, and ended up coming back. It's a

(05:25):
long way to go, isn't it. I don't really have
a point. I just can't imagine moving that far. Last
time I moved, it was around the corner. I moved
around the corner.

Speaker 1 (05:43):
Us talk zibby.

Speaker 2 (05:46):
It was about four hundred meters away at that from
from one house to the neck. We consider just walking
all that stuff around the corner. It's fine until you
get to things like the piano. Anyway, CARRY wanted a
word on people coming back as well.

Speaker 6 (06:01):
It's vastly different. It's not just the snakes and the spiders.
That's the difference. It's not not transferable. You might think
that we have Yeah, it's basically we're moving to a
biggest city within New Zealand. According to people who've lived there,

(06:22):
it is nothing like that, and I would very much
love to hear from people who have made the move
or have friends and family who have made the move.
How much did you need to have in your back
pocket to feel comfortable, to feel safe? Did the job

(06:42):
turn out as you expected? Were you prepared for the
differences that there would be all the cops who were
heading over I would have thought it'd be a vastly
different policing environment and policing culture over there. What about
nursing When it comes to nursing, is it a different

(07:05):
kind of culture there as well? Teaching? Do you make
friends through sport? That's the ultimate leveler.

Speaker 2 (07:15):
I'm actually related to a guy who played AFL. He
joined an AFL club and they pay you like he
wasn't like, you know, in the top level or anything,
who's just going out for a bit of a run around,
And he still got paid by the club to play

(07:37):
AFL that he'd never even played before. He was just
quite tall and he was good at jumping, so yeah,
you sport is a good way to make friends in
Australia sometimes, I think. Right, So New Zealand, first, they
just keep coming up with what's the word, interesting things

(08:04):
to get your attention, don't they? Now? Michael Laws was
to serve of them? What's happening.

Speaker 7 (08:11):
He's a really really smart guy, don't get me wrong,
but he is not the guy that New Zealand VERSSE
should be trying to bring on board if they want
to convince voters that they are capable of running this country.
Michael Laws is not their guy. He is fringe. He's
been running a show on a media outlet, no disrespect
to it, that has a very small audience of loyal followers,
and to everybody else it looks a bit weird and fringe.

(08:33):
New Zealand Vers's biggest challenge right now is to appear
credible because they really really want to be supersized in
this coalition, and if you believe the rumors that are
going around, Winston Peters wants to finally, after all of
these years, have a crack at being Prime minister.

Speaker 3 (08:47):
Now.

Speaker 7 (08:47):
A few weeks and months ago that kind of seemed
possible because they captured the zeitgeist. They were promising bold
policies which were cutting through to a small group of
not a small actually quite a large group of voters
who have got incredibly frustrated by the normal run of things,
normal run of the mill politicians and policies and parties
and so on. But then in the last few weeks

(09:08):
that that momentum seems to have kind of evaporated and
it's got a little bit weird, isn't it. Winston might
have pushed it a bit far with the infighting with
his colleagues and the anti Indian document which seems to
give him what he wants, but now he's complaining about
that and knarcking on us to the Indians. And then
you've got the Michael Law's announcement, which, if it happens,
is going to double down on that weirdness. Tane Randall

(09:30):
was a great get for New Zealand. First. Stewart Nash
was a good get for New Zealand.

Speaker 2 (09:35):
First.

Speaker 7 (09:36):
Michael Laws is a bad get because he brings the
whole party down by association is.

Speaker 2 (09:41):
He always has he tattooed the eyeliner on.

Speaker 3 (09:49):
Do people just look that way?

Speaker 4 (09:50):
It's like JD.

Speaker 2 (09:51):
Varance the American Vice President. He's got those sorts of
funny eyes that look like he's just wearing eyeliner all
the time as well. And I find he called me shallow,
but I just find that so distracting. Then can't concentrate
on anything else that's going on news talk been. We're
going to finish up with podcast Roulett. Quite a detailed

(10:17):
title for this clip that Marcus's producer has sent me,
and yet I still can't wait to hear it, and
I'm still not quite sure what's going to happen. It's cool, Marcus,
let me keep my damn hat on, so yep, it's uh,

(10:37):
it's cock fat hammer, as they say, and let the
podcast relet the gin. Do they say that? I don't
know if they do say that.

Speaker 7 (10:44):
And you thank you, Charlotte.

Speaker 8 (10:46):
Yeah, I do wear a hexits. It has been good.
It is cold down south. You get used to a hat,
get used to woolen hat. I got a bit of that,
but also too on. Don't you start taking off then
you inevitably lose it. That's the thing. Take it off
on the Lastly, where's it where I leave my hat?
Where to leave my hat?

Speaker 2 (11:03):
Ask you?

Speaker 8 (11:04):
The kids asking if I where's my hat? Just easy
to leave it on. It's practical, great things hats, A
lot of love for hats. Love a hat, might open
a hat shop Lush's Hats. Although on Hill's Hats had
financial trouble at they had to go crowdfunding lit all
those funny little sort of cloth caps. I'm not into that,

(11:25):
those peak caps. I'm quite particularly about my hats. It's
not a bad hats. All of the texts are agreeing
with me. I was taught. I've taught my son that

(11:54):
hats off inside. But I find it's the elderly whose
manners are worse than younger people. I find that the
young kids manners are a lot better. Yes, love manners.
What's the point you say? Thank you? I think that's
kind of what it is. Twenty two from twelve. Wow,

(12:17):
oh yeah, I finally got people wound up about hats.
But I think probably the past I went up the
most was myself, just with people's Does it matter? Godness,
does it matter? Not in a jot? Did anyone die

(12:44):
because someone wore a hat inside? No, no one died.

Speaker 2 (12:52):
It's a funny one, isn't it. I do find some
reason and I you know, nobody cares less about you know,
manners and traditions, and you know what you are and
aren't supposed to do than me. And yeah, I do
find it really rude when people leave their hats on,
especially when they're eating for some reason. I don't know why.

(13:16):
It's quite a rational, as Marcus is correctly pointed out.
But also so I've got no here, So I'm a
hat wearer of course, both in winter and in summer
for different reasons. And the thing I like about it
is taking it off. I really like taking the hat
off now when I sit down in a restaurant or something,

(13:38):
can't wait to give that hat off. But he's right,
you do tend to leave it behind, and many's the
time I've got up. I've walked down the road and
domestic managers said to me, where's your hat, and I've
left it behind, and then they have to go back
and you know it's still there. Usually, So it's not

(14:00):
true anyway. The point is, it's not true what Paul
Young saying about in that song. Wherever you lay your hat,
that's not your home. It's probably just a restaurant. Can't
live in a restaurant. This has got stupid at the end.
Once again, you've really been let down. If you've made
it this far, I don't know why you do that.

(14:21):
You should stop when you hear me doing this last bit.
As soon as I start doing this last bit, you
should just stop. You've had You've got the best out
of the podcast at it when I reckon. But anyway,
for whatever, for whatever reason, you listen, I hope you
come back again on Monday for a weekend edition. I'll
see you there.

Speaker 1 (14:39):
Used Talking Talks It beam for more from news Talk
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