Episode Transcript
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Speaker 1 (00:09):
You're listening to a podcast from news Talk, said B
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Used Talk said B Talk said.
Speaker 2 (00:24):
Hello, my beautiful beanies, and welcome to the bean for Thursday.
First of yesterday's news. I am Glen Harten. We're looking
back at Wednesday the tax policy. It's pretty clear that
they're going to be introducing some taxes if they get
back in. That sort of thing is not that popular
with people. People just don't want to pay more tax.
(00:46):
So it would be interesting to see how that all
chakes out fees free has been a complete disaster. The
R three sixty competition has been targeting league players as
well as revy players, but the NRL is having none
of it. And we haven't been tipping like we used to.
So Yeah, restaurants they've got record turnover, apparently not making
(01:09):
any money and to thing something to do with it,
I think. But before any of that, Wow, a fancy
being able to advertise on Sunday mornings, talk about shake
up the whole world.
Speaker 3 (01:20):
Until today, the rules forbade TV stations from running ads
on Sunday mornings and ANZAC Morning and FORBADE both TV
and radio stations from running ads on Christmas Day, Good
Friday and Easter Sunday, mainly, not exclusively, but mainly because
of religion. Now, there was a time when this rule
was probably fair enough because the country was predominantly Christian,
(01:41):
going to church every Sunday morning, and the support for
the no ads on a Sunday rule would have been
quite high. But that traditional version of New Zealand departed
a long time ago, so you have to wonder how
the rule has managed to last this long now, mind you, right,
not everybody wanted the rule to go. There was some
in Parliament who voted to keep it right. New Zealand
first wanted to wanted to keep things just the way
(02:02):
they were. They say, the extra six million dollars in
advertising it might bring in represents an increase of only
one percent.
Speaker 4 (02:08):
For the companies.
Speaker 3 (02:09):
But one percent is not to be sniffed at by
a media sector that is now so broke that Sky
TV just bought TV three for a dollar. And as
far as I can set, every dollar that's generated by
an ad on a Sunday morning is a dollar that
the taxpayer will not be asked for when or if
media companies come to the government with the begging bowl out,
and it's only fair when you think about this. You
open YouTube on a Sunday morning, you're gonna get ads.
(02:30):
You watch Prime TV on a Sunday morning, you're gonna
get ads. I haven't tried it, but I imagine if
you open the TV and Z plus streaming thing on
a Sunday morning, you're probably gonna get ads. And yet
you turn the tally on no ads. That's not fair.
This feels like one of those rules that we have
too many of. Once upon a time made sense, don't
make sense anymore now. Only preventing someone earning money that
they really need, happy to see the back of should
(02:53):
have happened years ago.
Speaker 2 (02:54):
The thing that surprises me about all this, I mean
obviously the fact that it's still been a thing up
until now. But the other thing is that I've I
always sort of considered Christopher Luxan to be pretty religity.
That was one of my major concerns about him, in
spite of his foul mouth, because he's frickin' all the
(03:15):
time and kick ass and things like that. But yeah,
I would have thought he'd be against anything happening on
a Sunday or on Christmas or Easter turns out no,
so you know he's full of surprises in the old.
Speaker 1 (03:33):
Lucksm news talk has it been me?
Speaker 2 (03:37):
While on the other side of the house, Labor thinks,
uh taxing, taxing people for things that they haven't actually
made money on yet, said, I don't understand how this works?
How's how how is that going to win votes? Come on, Labor.
Speaker 5 (03:54):
The opposition to it comes not just from the usual suspects,
but also former Prime Minister Labor storewart legend Paul Keating.
Even the unions were crying boohoo about it. So he's
had to you tune and he's u turned on unrealized gains,
which has been a stupid thing to try and tax.
How can you pay tax on money you haven't earned?
The Greens want to do this, David Parker wanted to
(04:15):
do it to party, Mardy wants it, and Debbie said
at the weekend that she and Chippy are on the
same page when it comes to a wealth tax. Interesting,
isn't it. He denies this, but does anyone believe a
guy who won't tell you what he's really thinking or
what he really stands for until he rules something in
or out. He looks like a guy plotting in secret.
He and Barbara squirreled away with an abacus in some office,
(04:37):
quietly conjuring up new and inventive revenue streams, and we're
left wondering whose business, whose property, whose wealth is ripe
for the picking. The warning from Australia is pretty night
and day if you're going to tax something, and that's
a big if here at home. But if you're going
to do it, you'd better make sure it's a realized
gain and not a tax on imaginery on paper earnings.
Speaker 2 (05:00):
I don't know, though, I guess if Trump can put
tariff's on in other countries because yes, or just because
that's the way you can't text people just because the
world's gone mad mate us talk siddy, Hey remember fees
(05:21):
free and you know the whole tic hears on me,
bah blah blah, complete disaster.
Speaker 6 (05:31):
And now it looks like, according to the analysis, that
fees free final year won't work either, at least not
forgetting disadvantage kids through degrees. For those who are highly
motivated and have families that go to university. It's like,
who's way excellent, We'll take the twelve thousand dollars off
our student debt, Thanks very much, and good if it
helps motivated kids get through their study with less of
(05:56):
a financial burden around their neck, makes it easier for
them to move on to the next phase of their life,
buying a home, starting a family. This is all good,
but in terms of the objectives, it's going to fail.
But they have to keep it because of the coalition
(06:17):
agreement with both New Zealand First and Act, so they
might have to do what Labor did and just rewrite
the objectives. Our objective is that we reward kids who
were going to go to university anyway, who are motivated,
who are successful, who we want to keep in New Zealand,
will take twelve thousand dollars off their overall student debt
(06:41):
so they'll stay here, buy a house and have a family.
And on the face of it, that's not a bad objective.
Speaker 2 (06:47):
All I know is that there's somebody living in my
house who's been taking a very long time to do
a degree, and there's been racking up a lot of
debt in the process. So there's a way that we
can get that or at least some of that wiped away.
(07:08):
I'm all for it. Whatever it is whoever that is
is proposing city, right, Are this R three sixty competition
kind of like the one day cricket or T twenty
or seven a side rugby of rugby? Hang on, We've
already got a seven a side rugby of rugby. That's
(07:29):
not that anyway. It doesn't matter if you play legal
or union. They want you anywhere else.
Speaker 4 (07:35):
It's Princess and daughter, Princess Sarah, her husband who is
a rugby player. He is trying to get off this
thing called Rugby three sixty and it's all Saudi money.
And what they're trying to do is have a situation
(07:58):
where it's like the IPL for cricket Landego for eight
weeks or something, and it'll be I think it's probably
a hybrid of rugby and union or rugby and lee.
But yeah, so they want to get great athletes, and
I think you'd play for a different county and you
don't need to go to Saudi Arabia's live. It's just
(08:18):
for a short time and you get a ton of money.
But like the IPL, Mike Tindle's the guy's name that's
behind it all. So but you know they have got
bottomless cash. The Saudi's oil money, and when they sort
of like they did it with golf and people said
it wouldn't happen. They've done it with football. They've got
some of the great players. Now they're doing it with comedy.
(08:39):
They've got some of the great comedians going there to perform.
But I don't know if it's going to how it's
going to work for You might have a comment about that.
I've always been quite interested in it. But ten year
ban for the players, I mean, that's your career over.
Speaker 5 (08:53):
So whatever.
Speaker 4 (08:54):
If you go there and you get dropped, well they
catch you drinking? Can you drink there?
Speaker 7 (09:00):
I suppose you can't.
Speaker 2 (09:01):
From what I understand. There's ways around that sort of thing,
depending on who you are and what you're doing there.
It's a bit like the Sunday advertising. Yeah, it's all
up to interpretation, some of these rules that are based
on strict religion.
Speaker 8 (09:21):
News talk has it been I'm going.
Speaker 2 (09:23):
To finish up by leaving a tip? Oh no, hang on,
we're not. Actually, why aren't we?
Speaker 5 (09:29):
We're talking about tipping in New Zealand. It's down forty
percent according to the latest Hospitality report.
Speaker 1 (09:34):
So do you tip?
Speaker 7 (09:35):
And why I love to hear from you. Joe, welcome
to the show.
Speaker 8 (09:40):
Hi, I'm just driving. I'm just going to pull over
so I can take it. Ony Hans free.
Speaker 7 (09:47):
Be careful with you pulling over. How are you going?
You're indicating yeah, indicating that's good. Did you look good?
Do you check your blind spot?
Speaker 8 (09:54):
Yeah? Yeah?
Speaker 1 (09:55):
You begin us before?
Speaker 7 (09:56):
Do you need a parallel park? Do you need some
time to or?
Speaker 5 (09:58):
Are you're right?
Speaker 8 (09:59):
I'm all good? All stop now, beautifully done?
Speaker 7 (10:02):
Wow, listen, now how good your phone line is now
that you've stopped?
Speaker 8 (10:05):
Yes, if it makes a difference, all right, We're good
to go. I don't tip. And my concern with the
tipping is people are getting tax free income often and
that is a concern.
Speaker 7 (10:18):
That's a very good point, Dude, tips get text in
New Zealand or I mean, I imagine they wouldn't imagine
if you slipped someone to be a very honest person,
if you slip them a twenty, that they then informed
the idea about it, wouldn't they.
Speaker 8 (10:31):
How many people will be declaring that on the so
it's all tax free income. Yeah, that's concern.
Speaker 7 (10:38):
I imagine that you would be taxed if it's a
tip that comes through the f POS machine, you know, Joe,
when you when you go up and then sometimes there's
that screen saying do you want to tip that? That
would surely because that they would go through the accountant,
all through the system, you account it's not going to
let you get the way it was that Yeah, you
would hope.
Speaker 8 (10:56):
So if it depends on the business owner, I guess
whether they do it legit or not, or they just
pass them the money.
Speaker 2 (11:02):
But you'd hope you I've always been confused about that
how that works, because generally when you tip somebody, it's
because they've personally given you good service, or you know,
fix something that wasn't quite right or what. And I
don't want to be I don't want to tip the
(11:24):
whole business. I just want to tip that person. But
I don't think that's how it works with that on
the old payWave device. It's a shame that you can't
sort of payWave them directly, isn't it That will happen
eventually we will got chips in our brains. We can
just blink three times and we'll send somebody twenty bucks.
(11:48):
This is not happening at the moment. I don't think
I am a Glenn Hat that was sort of a
tipping and tech update for you. At the end of
the pod. I will see they're here at the end
of morw us Talk, Said Bean.
Speaker 1 (12:03):
For more from News Talk, Said b. Listen live on
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