November 11, 2025 • 13 mins
FIRST WITH YESTERDAY'S NEWS (highlights from Tuesday on Newstalk ZB) There's a Time and a place for Ice Cream/One Percent Isn't Relative/Raining Red Tape on Parades/What to Say, "Nah" To/How to Improve Cup Day
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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, be you talk.
Speaker 2 (00:24):
Him, my beautiful beanies, And welcome to the Being for Wednesday.
First of yesterday's news. I am Glen Hard and we're
looking back at Tuesday billionaires. Why do we hate them
so much? Parades are hard to hold? We'll find out why.
What are the year now awards and who's won them?
(00:44):
And Cup day yesterday in christ jewage. But before any
of that, insolvency, how many businesses are going out of business?
Speaker 3 (00:54):
And why there are many people who through the GFC
it was similar. There were businesses that went by the
wayside as people suddenly found they had no spare cash
in their pockets. Stock market crash in New Zealand that
saw people with astronomically high interest rates mortgage interest and
(01:17):
business interest rates. Again, people with no disposable lack of
consumer confidence, time of austerity. There were plenty of businesses
that went under in the eighties as well. Eighty seven
was the stock market question then. I think it was
(01:38):
really about nineteen ninety that I remember that it was
just a very, very grim, grim au stare brutal time.
So people have been through it before, and if you have,
is their life after insolvency, after a liquidation, after closing
(01:58):
your doors and saying I cannot do this anymore. I
just can't. There are more important things. My health is
more important. My family is more important? Is there? And
this is where I'm going to need you to tell
me because I've never owned my own business, but I've
(02:19):
certainly heard from a number of you over the years
who love being your own boss. You can't imagine working
for anybody else, but by God, that comes at a price,
especially in times like these. So if you've made the
decision to call it, does insolvency mean the end and
(02:40):
a new beginning.
Speaker 2 (02:41):
I may have already mentioned the ice cream shop around
the corner from my house on a road with very
little foot traffic, and yeah, I've seen one customer in
there and then tired. It's been opened for a couple
(03:02):
of months now. I think what pasted the other night
and it was closed before it was supposed to be closed.
There's never a good sign either, And I always think
who lent them the money? Because I'm presuming, but yeah,
they didn't just win lotto and decide to open an
(03:23):
ice cream shop? But who thought that was a viable proposition?
Speaker 1 (03:29):
News Talk It Bean.
Speaker 2 (03:30):
Did they think they were going to make billions out
of selling ice cream on a shop with no passes?
In a shop with no passes? By how do you
make billions? And if you do, you've got to be
prepared for people being a bit jealous, don't you.
Speaker 4 (03:47):
I think there's something you know and the point, you know,
the human species, which is us, our species. Are we
all supposed to just just grind on, all on the
same level with the same level of output?
Speaker 1 (03:57):
Or do we want to.
Speaker 4 (03:58):
Take bag bag bag giant steps forward every now and
then do things that no run of the human milk
human will do? You know, you know, as Michael saying,
those works of arts commissioned by the super rich, the
innovations made by those that are sort of striving for
astronomical success. You know, should you not be rewarded for
(04:22):
changing the world. There's kind of a view that we
all should be on the same level. Comes back to that.
You know, what is it? Comparison is the thief of joy? So,
you know, should we all just be able to look
at each other and go this person's the same because
because actually it's kind of hypocritical in New Zealand, because
for most of us looking at you, Tyler, you know,
(04:44):
someone could hassle a billionaire. You could sit there hassling
a billionaire. But there's so many millions and millions and
millions of people in the world that would look at
your life and say that you've got too much and
you're too very true affluent. And there may be you
may be closer to a billionaire then a lot of
the poor people in this world out to you.
Speaker 5 (05:02):
I'm a one percentage to a lot of people in
this world, no doubt about it. But you're right.
Speaker 6 (05:06):
Fortune favors the brave, and people laughed at Elon Musk
when he said he was what he was going to do,
and Bezos and everybody else.
Speaker 7 (05:11):
So that's a very fair point.
Speaker 2 (05:12):
I hate to be a stickler for details and to
be overly pedentic, but you're either a one percenter or
you're not a one percenter. I don't think it's it's
relative to how you're looking at it, which angle you're
looking at it from, whether you personally are rich or poor.
(05:34):
If you see somebody else that they're either in the
top one percent or they are. I think it's just maths.
That's just a fact. It's not real. Do you know
what I'm saying? Do you know what I'm saying?
Speaker 1 (05:46):
Tyler News talk Ze been okay?
Speaker 2 (05:51):
So yeah, yeah, having a parade it's hard work. There's
a lot of forms that have to be filled out.
Speaker 7 (05:57):
Apparently this is one of those stories. It's kind of
like the working from home in the public service, you know,
one of these stories where the government's almost powerless and
the bureaucrats win. This time, it's pure, pure population around
five hundred. It's rural State Highway three, North Island. They
want to close the road on the main drag, which
is their usual route. They want to close this road
(06:19):
from five point thirty pm to eight pm, two and
a half hours for you know, kids get to see
the Santa Sleigh riding through town. Lollies presumably would be
thrown from the floats or do they still do that
if you had a child or you arrest I don't know.
I digress, but you get the idea. We've all been
to one. They're great fun. Guess how much it was
(06:40):
going to cost them because of the grinches traffic rules
and the resulting bill for traffic management costs. It would
normally put them back about one thousand dollars this year.
Wait for it, between ten and fourteen thousand dollars for
two and a half hours. Now. You might balk at that,
and I did. If you're organizing a Sanda parade or
(07:02):
an Anzac parade or a community event, don't worry. The
NZTA website has a helpful guide for you. It's New
Zealand going to temporary traffic management. It's eighty eight pages long.
I read it last night. Well no I didn't. I
read the first page and I thought, this is absolute nonsense.
The only thing you need to read is the first
sentence of the foreword. Yes there's a full word. Wakakotahi.
(07:24):
New Zealand Transport Agency is committed to Road to zero,
a safe for al Toro in New Zealand where no
one is killed or injured on our roads. I hate
to be the bearer of bad news, but this is
an absolute pipe dream of a goal and will never happen.
Aiming for the outcome is mad. What you get as
a result is eighty eight pages of BS and a
(07:45):
fourteen thousand dollar bill to get Santa on a sleigh
for two hours. It's madness and it continues. The organizers
don't worry. They say they have a Christmas meet and greet,
but no actual parade. Christmas is the season to be jolly.
It is the season forgiving, and NZTA is giving grinch
vibes and a bad attitude. In my view, yes, bureaucracy.
Speaker 2 (08:08):
It is kind of like a blob, isn't it. It
just sort of seems to feed on itself and before
you know it, it's spun hopelessly out of control. A
domestic manager in a previous incarnation work wise used to
be in charge of organizing a midwinter swim for the public.
And yeah, by the time you had to get traffic
(08:30):
control and portaloos and it just wasn't worth it. And
then of course you had the fact that who actually
wants to do a midwinter swim? Well, I think that
might have been part of the issue, but not necessarily
directly related to this story. I've never heard of the
(08:50):
year NA Awards, but apparently it's consumers awards for the
Dodgyer's products of the year. Heather, I think she's into it.
Speaker 5 (09:00):
So Pam's Plasters gets an award for basically not being
sticky enough, which is a problem. Hello Fresh gets an
award for making it really really hard to unsubscribe from
the meal service. Harvey Norman gets an award for having
some sort of a sale almost ever a week out
of the ten weeks that consumer looked at it, which
basically means it's not a sale, it's not a special price,
it's just the price, and you're being tricked. And then
Barker's Clothing gets an award for hinting that some clothes
(09:22):
could not be returned when actually anything can be returned
if it doesn't meet legal guarantees. Now, I don't know
about you, but I love this kind of stuff. I
think this is really helpful because I like some of
these brands, and I use some of these brands, so
I like knowing what I need to look out for.
So can I give Consumer a shout out for what
they're doing for consumers? Because I know it is their job.
But I don't think that we give them enough credit
(09:43):
for what they're doing in the successes that they're having,
because they've had a lot of successes lately. They've been
the ones leading the charge on forcing supermarkets to pull
up their socks on the prices they display and the refunds.
Supermarkets are now in legal trouble for the prices they
display and they're publishing their refund policies. Consumer New Zealand's
also been the ones leading the charge on the credit cards,
so surcharges now. I don't think that the right outcome
(10:03):
has been achieved with the surcharge ban, but at least
they got something out of it right. And they'll also
the ones who led the charge on banks needing to
step up on the anti scam stuff like confirmation of pay,
which we all have to do now when we're transferring
funds and this is thanks to consumers pressure. So good
on them for fighting for the consumer. And can I say,
while they're handing out awards, it feels like maybe they
(10:25):
should get an award.
Speaker 2 (10:26):
There is nothing worse than a plaster that won't stick,
because often it's not necessarily an actual emergency, but it's
getting close to an emergency when you're trying to apply
a plaster and you really want it to be easier
than you're expecting rather than harder, and she you don't
(10:48):
want to be having to get go through several and
then you know there's only three in the box and
you've already botched two of them. And then you're under
pressure because you're still leaking out of your wound and
you still haven't managed to staunch the flow. Thanks for
it turns out very quickly.
Speaker 1 (11:05):
News talks it Bean.
Speaker 2 (11:08):
The difference between a successful Cup Day and a notorious
Cup Day, isn't it. You know, if you're over indulge,
you can become notorious pretty quickly. And if the horse
trip's over then they have to put up the screen
and you hear a bang. That makes the whole event
pretty notorious, doesn't it.
Speaker 7 (11:29):
Cup Day.
Speaker 6 (11:30):
I always mean to get there.
Speaker 7 (11:35):
Every year.
Speaker 6 (11:36):
I say I'm going to get there, But every year
it's at the kind of busy part of the year
and I miss it. So maybe next year might be
the here I get there. But they were just coming
back from the races, or are just partying on the strip.
If that's what they caught, let me know how that
was for you today. I hope it was fantastic, by
the way. I know the people of christ are incredibly
proud of it, as they should be. I know, for
(11:59):
a while there have become a bit of a uh,
it became a bit boozy. Then obviously there was the
creak and the recovery and people wanted to party. But
now it's we've got its happy medium.
Speaker 2 (12:09):
I think I've made it pretty clear how stupid I
think any kind of horse racing is. I I think
I wouldn't be so against it if it was more
like running with the bulls than Pampona, if people actually
had to participate and run around the track at the
same time as the horses and the cats, you know,
(12:31):
sort of like but like a chariot race and ben here.
I guess I think that would be a bit Yeah.
Really give the horses the natural advantage they deserve. That's
how I'd improve it. Well, actually, the main way I'd
(12:52):
improve it by stopped again. It's stupid, but you know,
I am glen hat sort of a racing grunch, I
guess speaking of grenches as we were a little bit earlier.
I'll see you back here again tomorrow, where I'll be
negative about something else, probably used.
Speaker 1 (13:09):
Talking Talking zi Bean. For more from News Talk zt B,
listen live on air or online, and keep our shows
with you wherever you go with our podcasts on iHeartRadio,
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, be you talk.
Speaker 2 (00:24):
Him, my beautiful beanies, And welcome to the Being for Wednesday.
First of yesterday's news. I am Glen Hard and we're
looking back at Tuesday billionaires. Why do we hate them
so much? Parades are hard to hold? We'll find out why.
What are the year now awards and who's won them?
(00:44):
And Cup day yesterday in christ jewage. But before any
of that, insolvency, how many businesses are going out of business?
Speaker 3 (00:54):
And why there are many people who through the GFC
it was similar. There were businesses that went by the
wayside as people suddenly found they had no spare cash
in their pockets. Stock market crash in New Zealand that
saw people with astronomically high interest rates mortgage interest and
(01:17):
business interest rates. Again, people with no disposable lack of
consumer confidence, time of austerity. There were plenty of businesses
that went under in the eighties as well. Eighty seven
was the stock market question then. I think it was
(01:38):
really about nineteen ninety that I remember that it was
just a very, very grim, grim au stare brutal time.
So people have been through it before, and if you have,
is their life after insolvency, after a liquidation, after closing
(01:58):
your doors and saying I cannot do this anymore. I
just can't. There are more important things. My health is
more important. My family is more important? Is there? And
this is where I'm going to need you to tell
me because I've never owned my own business, but I've
(02:19):
certainly heard from a number of you over the years
who love being your own boss. You can't imagine working
for anybody else, but by God, that comes at a price,
especially in times like these. So if you've made the
decision to call it, does insolvency mean the end and
(02:40):
a new beginning.
Speaker 2 (02:41):
I may have already mentioned the ice cream shop around
the corner from my house on a road with very
little foot traffic, and yeah, I've seen one customer in
there and then tired. It's been opened for a couple
(03:02):
of months now. I think what pasted the other night
and it was closed before it was supposed to be closed.
There's never a good sign either, And I always think
who lent them the money? Because I'm presuming, but yeah,
they didn't just win lotto and decide to open an
(03:23):
ice cream shop? But who thought that was a viable proposition?
Speaker 1 (03:29):
News Talk It Bean.
Speaker 2 (03:30):
Did they think they were going to make billions out
of selling ice cream on a shop with no passes?
In a shop with no passes? By how do you
make billions? And if you do, you've got to be
prepared for people being a bit jealous, don't you.
Speaker 4 (03:47):
I think there's something you know and the point, you know,
the human species, which is us, our species. Are we
all supposed to just just grind on, all on the
same level with the same level of output?
Speaker 1 (03:57):
Or do we want to.
Speaker 4 (03:58):
Take bag bag bag giant steps forward every now and
then do things that no run of the human milk
human will do? You know, you know, as Michael saying,
those works of arts commissioned by the super rich, the
innovations made by those that are sort of striving for
astronomical success. You know, should you not be rewarded for
(04:22):
changing the world. There's kind of a view that we
all should be on the same level. Comes back to that.
You know, what is it? Comparison is the thief of joy? So,
you know, should we all just be able to look
at each other and go this person's the same because
because actually it's kind of hypocritical in New Zealand, because
for most of us looking at you, Tyler, you know,
(04:44):
someone could hassle a billionaire. You could sit there hassling
a billionaire. But there's so many millions and millions and
millions of people in the world that would look at
your life and say that you've got too much and
you're too very true affluent. And there may be you
may be closer to a billionaire then a lot of
the poor people in this world out to you.
Speaker 5 (05:02):
I'm a one percentage to a lot of people in
this world, no doubt about it. But you're right.
Speaker 6 (05:06):
Fortune favors the brave, and people laughed at Elon Musk
when he said he was what he was going to do,
and Bezos and everybody else.
Speaker 7 (05:11):
So that's a very fair point.
Speaker 2 (05:12):
I hate to be a stickler for details and to
be overly pedentic, but you're either a one percenter or
you're not a one percenter. I don't think it's it's
relative to how you're looking at it, which angle you're
looking at it from, whether you personally are rich or poor.
(05:34):
If you see somebody else that they're either in the
top one percent or they are. I think it's just maths.
That's just a fact. It's not real. Do you know
what I'm saying? Do you know what I'm saying?
Speaker 1 (05:46):
Tyler News talk Ze been okay?
Speaker 2 (05:51):
So yeah, yeah, having a parade it's hard work. There's
a lot of forms that have to be filled out.
Speaker 7 (05:57):
Apparently this is one of those stories. It's kind of
like the working from home in the public service, you know,
one of these stories where the government's almost powerless and
the bureaucrats win. This time, it's pure, pure population around
five hundred. It's rural State Highway three, North Island. They
want to close the road on the main drag, which
is their usual route. They want to close this road
(06:19):
from five point thirty pm to eight pm, two and
a half hours for you know, kids get to see
the Santa Sleigh riding through town. Lollies presumably would be
thrown from the floats or do they still do that
if you had a child or you arrest I don't know.
I digress, but you get the idea. We've all been
to one. They're great fun. Guess how much it was
(06:40):
going to cost them because of the grinches traffic rules
and the resulting bill for traffic management costs. It would
normally put them back about one thousand dollars this year.
Wait for it, between ten and fourteen thousand dollars for
two and a half hours. Now. You might balk at that,
and I did. If you're organizing a Sanda parade or
(07:02):
an Anzac parade or a community event, don't worry. The
NZTA website has a helpful guide for you. It's New
Zealand going to temporary traffic management. It's eighty eight pages long.
I read it last night. Well no I didn't. I
read the first page and I thought, this is absolute nonsense.
The only thing you need to read is the first
sentence of the foreword. Yes there's a full word. Wakakotahi.
(07:24):
New Zealand Transport Agency is committed to Road to zero,
a safe for al Toro in New Zealand where no
one is killed or injured on our roads. I hate
to be the bearer of bad news, but this is
an absolute pipe dream of a goal and will never happen.
Aiming for the outcome is mad. What you get as
a result is eighty eight pages of BS and a
(07:45):
fourteen thousand dollar bill to get Santa on a sleigh
for two hours. It's madness and it continues. The organizers
don't worry. They say they have a Christmas meet and greet,
but no actual parade. Christmas is the season to be jolly.
It is the season forgiving, and NZTA is giving grinch
vibes and a bad attitude. In my view, yes, bureaucracy.
Speaker 2 (08:08):
It is kind of like a blob, isn't it. It
just sort of seems to feed on itself and before
you know it, it's spun hopelessly out of control. A
domestic manager in a previous incarnation work wise used to
be in charge of organizing a midwinter swim for the public.
And yeah, by the time you had to get traffic
(08:30):
control and portaloos and it just wasn't worth it. And
then of course you had the fact that who actually
wants to do a midwinter swim? Well, I think that
might have been part of the issue, but not necessarily
directly related to this story. I've never heard of the
(08:50):
year NA Awards, but apparently it's consumers awards for the
Dodgyer's products of the year. Heather, I think she's into it.
Speaker 5 (09:00):
So Pam's Plasters gets an award for basically not being
sticky enough, which is a problem. Hello Fresh gets an
award for making it really really hard to unsubscribe from
the meal service. Harvey Norman gets an award for having
some sort of a sale almost ever a week out
of the ten weeks that consumer looked at it, which
basically means it's not a sale, it's not a special price,
it's just the price, and you're being tricked. And then
Barker's Clothing gets an award for hinting that some clothes
(09:22):
could not be returned when actually anything can be returned
if it doesn't meet legal guarantees. Now, I don't know
about you, but I love this kind of stuff. I
think this is really helpful because I like some of
these brands, and I use some of these brands, so
I like knowing what I need to look out for.
So can I give Consumer a shout out for what
they're doing for consumers? Because I know it is their job.
But I don't think that we give them enough credit
(09:43):
for what they're doing in the successes that they're having,
because they've had a lot of successes lately. They've been
the ones leading the charge on forcing supermarkets to pull
up their socks on the prices they display and the refunds.
Supermarkets are now in legal trouble for the prices they
display and they're publishing their refund policies. Consumer New Zealand's
also been the ones leading the charge on the credit cards,
so surcharges now. I don't think that the right outcome
(10:03):
has been achieved with the surcharge ban, but at least
they got something out of it right. And they'll also
the ones who led the charge on banks needing to
step up on the anti scam stuff like confirmation of pay,
which we all have to do now when we're transferring
funds and this is thanks to consumers pressure. So good
on them for fighting for the consumer. And can I say,
while they're handing out awards, it feels like maybe they
(10:25):
should get an award.
Speaker 2 (10:26):
There is nothing worse than a plaster that won't stick,
because often it's not necessarily an actual emergency, but it's
getting close to an emergency when you're trying to apply
a plaster and you really want it to be easier
than you're expecting rather than harder, and she you don't
(10:48):
want to be having to get go through several and
then you know there's only three in the box and
you've already botched two of them. And then you're under
pressure because you're still leaking out of your wound and
you still haven't managed to staunch the flow. Thanks for
it turns out very quickly.
Speaker 1 (11:05):
News talks it Bean.
Speaker 2 (11:08):
The difference between a successful Cup Day and a notorious
Cup Day, isn't it. You know, if you're over indulge,
you can become notorious pretty quickly. And if the horse
trip's over then they have to put up the screen
and you hear a bang. That makes the whole event
pretty notorious, doesn't it.
Speaker 7 (11:29):
Cup Day.
Speaker 6 (11:30):
I always mean to get there.
Speaker 7 (11:35):
Every year.
Speaker 6 (11:36):
I say I'm going to get there, But every year
it's at the kind of busy part of the year
and I miss it. So maybe next year might be
the here I get there. But they were just coming
back from the races, or are just partying on the strip.
If that's what they caught, let me know how that
was for you today. I hope it was fantastic, by
the way. I know the people of christ are incredibly
proud of it, as they should be. I know, for
(11:59):
a while there have become a bit of a uh,
it became a bit boozy. Then obviously there was the
creak and the recovery and people wanted to party. But
now it's we've got its happy medium.
Speaker 2 (12:09):
I think I've made it pretty clear how stupid I
think any kind of horse racing is. I I think
I wouldn't be so against it if it was more
like running with the bulls than Pampona, if people actually
had to participate and run around the track at the
same time as the horses and the cats, you know,
(12:31):
sort of like but like a chariot race and ben here.
I guess I think that would be a bit Yeah.
Really give the horses the natural advantage they deserve. That's
how I'd improve it. Well, actually, the main way I'd
(12:52):
improve it by stopped again. It's stupid, but you know,
I am glen hat sort of a racing grunch, I
guess speaking of grenches as we were a little bit earlier.
I'll see you back here again tomorrow, where I'll be
negative about something else, probably used.
Speaker 1 (13:09):
Talking Talking zi Bean. For more from News Talk zt B,
listen live on air or online, and keep our shows
with you wherever you go with our podcasts on iHeartRadio,
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