Full Show Podcast: 4 July 2024

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:02):
Pressing the newspakers to get the real story.

Speaker 2 (00:05):
It's Heather duplicy Ellen drive with one New Zealand, let's
get connected news Talk said.

Speaker 3 (00:10):
Be.

Speaker 4 (00:12):
Hey, good afternoon, welcome to the program. So today we're
going to talk to developer David Whitburn about Chris Bishop's
plan to flood cities with housing. Henry Ulster Olson, who's
an American Polster, is going to give us the latest
on Biden and I'll tell you what, there's quite a
lot to get you across in the last twenty four hours.
And Consumer New Zealand wants a full ban on sun beds.

Speaker 1 (00:30):
Heather due tolic Ellen's So it looks.

Speaker 4 (00:32):
Like we are going to finally give in and allow
shoebox apartments in New Zealand. This is part of Chris
Bishop's plan to flood the country with houses. This morning
he announced a whole raft of changes that are designed
to make houses more affordable. And one of those changes
is that he's going to remove any requirements for how
big an apartment must be and also how big the
balcony of that apartment must be. He reckons that back

(00:54):
in around about twenty fifteen or thereabouts, when Auckland Council
changed the balcony sized restrictions at push the price of
apartments in the city up by forty to seventy thousand
dollars each. That's a lot of money. That is a
lot of money to pay just so you got a
little bit extra space on the old balcony. So I think,
actually it's a good call from him and it's about
time that we got on board with this. The very,

(01:14):
very first property that I ever put to my name
was a tiny, tiny apartment. The bedrooms were so small
in the apartment you could fit in. You could just
put in a double bed and there was just enough
space around the double bed for you to be able
to walk around, but your one shoulder would be touching
the wall. That's how cramped it was. I didn't have
space for a dining table, so I took a bed

(01:34):
out of a bedroom, put the dining table in there,
and you could just get the chairs out from under
the dining table without them hitting the walls. It was
that tiny, but it was what I wanted, which was
a place that I could afford to buy in the
middle of the city. And by the end, I have
to be honest. By the end of living there, I
was embarrassed by how tiny it was, and mainly because

(01:55):
somebody had come around and they were drunk and they said,
you shouldn't be living in a place this small, and
it kind of pointed out to me how small it
wasn't After that, I just couldn't get over it. So
when I could afford to, I just sold it and
moved on to another place. But at the time that
I bought it, it was perfect, and frankly I couldn't
afford much more, and it got me onto the property ladder. Now,
shoebox apartments I give you are not ideal, okay, But

(02:17):
then renting because you cannot afford to buy, that's even
less ideal than living in a shoebox apartment. Yes, there
will be developers who will take the mickey with how
small they go. Yes, these kinds of apartments are often
an eyesore to everyone else who has to look at
the bloody thing. But frankly, our priority has got to
be something else now right. It has got to be
getting people into their own homes, however small those homes are.

(02:40):
We have got to accept that we've got a housing crisis.
We have got to accept it. It is not good for
younger generations to feel like they're locked out of home
ownership and not be able to see a future for
them to be able to buy their own homes. And
if they want to live in a small space because
it's all they can afford, why would we prevent that?

Speaker 2 (02:57):
The name you trust to get the answers you need
the dup to see Allen drive with one New Zealand
let's get connected and new s talk because z'd.

Speaker 4 (03:05):
Be We're going to speak to a developer about it.
Alf the five o'clock stand by for that now. A
defiant Joe Biden has ruled out any talk of dropping
out of the presidential race after his troubling debate performance.
In response to a New York Times story that suggested
he's weighing up his options, the president stated that no
one is pushing him out, and he's not leaving now.

(03:25):
Henry Olsen is an American polster. Hi, Henry, hello today?
Is it looking more or less likely to you that
he stays in the race.

Speaker 5 (03:35):
I think he is less likely to stay in the
race than he was even twenty four hours ago. Democrats
are beginning to call publicly for him to step down.
Polls are sinking fast, and while he remains steadfast in
his public statements, he's politically aware enough to know the
sand is shifting out from under him.

Speaker 4 (03:52):
Yeah. So that the poll that you're talking about, I'm
assuming is the Wall Street Journal poll that I mean,
it only has the lead that Trump is. We've got
widening out to six percent. I would have expected more,
wouldn't you.

Speaker 5 (04:03):
Well, we have two things working to prevent that. One
is the extreme partisanship we have in the United States
right now, and the second is his alternative is Donald Trump.
That there'll be plenty of people who will hear that
poll and say, yes, Joe Biden is too well to
run for office, but Donald Trump is, and then talk
about why they can't vote for Trump. Eighty percent of

(04:24):
the people in that poll said that Joe Biden was
too old to run for president. And that gives you
an idea of how many people are swallowing their reservations
about President Biden because they're either died in the world Democrats,
or they just can't stomach Donald Trump.

Speaker 4 (04:39):
Do the polls fall further from him.

Speaker 5 (04:42):
I think they do a little bit. There's only so
far that a Democrat can fall in this current circumstance.
But the fact is, because of the electoral college balance
towards Trump, Biden has to win by two points or
more to have any chance of winning the electoral college
being down by six when he's this well known and

(05:04):
Trump is this well known, this late in the campaign,
it's almost fatal and most serious Democrats know it.

Speaker 4 (05:09):
Okay, So Henry, how does this play out? What's going
to be the thing that finally tips it out of
Biden's favor and he's got to get out of the race.

Speaker 5 (05:18):
I think what's going to have to happen is some
senior Democrats are going to have to either publicly call
for his removal or his removing himself he can't be
absent himself, or they have to say in guarded diplomatic
language that that's the case, but they're not actually calling

(05:38):
for it. There are some Democrats who are saying that
he's going to lose under the current circumstance, and they're
not calling for his removal, but everybody inside the Beltway
knows what that means.

Speaker 4 (05:47):
And then who replaces him as a Kamala Harris.

Speaker 5 (05:51):
That's the betting right now is that that's the easiest
choice for the Democrats, and it's the one that rankles
the fewest intra party constituencies. The problem is, Kamala Harris
has her own problems. She's not known as a decisive communicator.
Her opinion ratings, her favorability ratings are as bad as

(06:12):
Joe Biden's, and she's tied to an unpopular administration. So
that may be the easier course for them, but that
doesn't mean it's the better course for them. But compared
to an eighty one year old man who can't complete
a sentence or paragraph under pressure, that may be their
least bad option.

Speaker 4 (06:30):
Yeah, this is a very good point. Hey, listen, Henry,
Thank you. I always appreciate you time. Henry Elson, American polster. Now,
what is going on in the last twenty four hours
is there was that report in the New York Times
that said that Biden is reconsidering the situation and whether
he should drop out. He then after that came out
and said I am not going anywhere, I am not leaving.
They then had a meeting, He had a meeting with

(06:51):
a whole bunch of leading governors on the Democratic tickets,
and they have come out a bunch of them have
been wheeled out, these senior governors to say we've got
his back. So the whole thing is still it's still
an attempt to kind of shore up support for him
and at least, you know, present a united front. But
I'm not buying it. And you heard Henry just say

(07:11):
chances are he's now more likely out than in. So anyway,
we'll come back to that later on. Quickly on the
All Blacks, my man Damien McKenzie is and how about that,
So Boden Barrett's been bench, Damien McKenzie is starting at
first five, Stephen Perafetta is starting at full back, bit
of a surprise, and TJ. Perrianara is it number nine.
So we're gonna have a little chat to our man

(07:32):
Darcy water Grave next on that fourteen past.

Speaker 2 (07:34):
Four, digging deeper into the day's headlines, it's Heather duper
c Allen Drive with one New Zealand one Giant Leap
for business.

Speaker 4 (07:43):
US talks'd be Darcy water Graves. Sports talk hosts would
be Darce. Hello, Hello Heather, Darcy, you're turning the wrong volume.
Knob is the other volume? Knob?

Speaker 1 (07:51):
Look?

Speaker 6 (07:52):
Is that?

Speaker 4 (07:52):
Yeah, that's the one that's all right, just helping you out.
Just lady splain and that to you, Darcy Hi, it
turns out not just the volume not but the microphone button,
the whole shebang. Hey, listen, what do you make of
my man demo starting.

Speaker 1 (08:11):
Your man demo? Was he your man?

Speaker 4 (08:14):
He's my man because he has been my favorite for
a long time.

Speaker 7 (08:20):
I like the fact that t J.

Speaker 8 (08:21):
Pettinara is starting one nine. Look, we talked about the
possibility of moving in as a debutante and taking that
position because of the the roles that they have. I
think it's probably more of a steadier set of hands
in case of crisis. And when it comes to playing
the English and Rugby, it's always crisis.

Speaker 9 (08:42):
You don't know what they're going to do.

Speaker 8 (08:43):
We don't like getting beaten by the I don't think
we mind getting beaten up by South Africa. There's something
about getting beaten by England that just really just.

Speaker 4 (08:50):
Because a little bit. So we just don't like it.

Speaker 8 (08:53):
So we don't know what this team is going to bring.
It's a very different team to a team that's been
playing throughout the six nation. Borthwick has established a new
method of playing due to the fact that some of
the manpower that he had no longer there, so they're
changing what they do. I think a lot of the
attack will go towards Damien McKenzie. We'll see how settled

(09:14):
he is. And I think we saw, even though his
pack didn't give him the base that he wanted in
that Chiefs final against the Blues, he was persona non
grated and I wonder if the things look at that
and go well, but that's if they can get some
form of dominance in that pack, and you'd like to
think they can. So there is a point maybe where

(09:35):
the English well attack. But the standout of all of
this is Stephen beellfifthe.

Speaker 4 (09:40):
I was going to ask you about that. Are you
surprised by that?

Speaker 8 (09:43):
We thought, even though Boden Barrett hasn't played much football,
head end up there in that role and maybe Peter
Fiftha would come in off the bench. But as it's
been pointed out, he's very good under the high ball.
You'd expect a lot of that from the English under
the roof is also taking advantage to the fact that
Zarn Sullivan out of the blue. So Peterfiltha made that

(10:04):
full back position his own and he grew into that role.
He played very well in that role. He's very good
on the accounter attack. He's got a lot more toe
than people give him credit for, so I think people
are a little like okay, but beyond that, he picked
no debutantes Scott Robinson. He's playing a very solid hand
in this game. He's got combinations that he knows works.

(10:27):
He's got guys that he can trust that are going
to listen to. What he's going to do is Luke
Jacobson's coming off the beachs to cover six, seven and eight.
The other team member people have been talking about as
summerpen female and what he is going to bring as
opposed to we talked about yesterday Ethan Blackadder and what
brings up. What I like about it is that Simipenie

(10:48):
is aggressive, aggressive tackler. He loves monstering people a bit
like Shanon Frizzelle from back in the day. And they'll
be targeting that fly half that young first five Mark Smith.
Someone said, oh, he's going to have a taget on
his back, so you no, the target will be on
his front because some of that he's going to run
straight out and straight over him.

Speaker 4 (11:08):
Does who's been left out of the football Ferns.

Speaker 8 (11:11):
The goal scoring champion from Wilkinson from back in the day.
Remember when she scored that opening goal that really blew
the whole World Cup apart and everything. It's our year,
here we go and then I think we pair shaped
up after that. There's a couple of other majors there.
But I think the Ferns have got a bigger problem
than the staff that they've got. They've got that long
term issue that Bunyon, that corn on the foot of

(11:33):
the team, and that is the head coach.

Speaker 4 (11:36):
Yet give us so who's coaching?

Speaker 8 (11:38):
Who's assistant coach and can't remember his name? But she
can't go to the Olympics because obviously the dynamic between
her and her team is not good at do you
want to take them to arguably well one of the
two biggest tournaments in global football and there is some
kind of disconnect between you and your players.

Speaker 4 (11:58):
No, no, no, you don't think we're watching the slow exit,
aren't we? Because you can't keep her around like that.

Speaker 8 (12:02):
They're slowly falling to the knees and eventually crawling along
on their hands, giving it the Black Knight do no
matter how many injuries they take that.

Speaker 4 (12:11):
Thank you as always for being awesome. That's Darcy water.

Speaker 8 (12:15):
I'm sorry I hit the wrong buttons and plugged in
the wrong headphone.

Speaker 4 (12:18):
Hot mess, I need more staff media, We'll share a
pa Darcy water Grave sports talk host back at seven
four two.

Speaker 2 (12:27):
Digging deeper into the day's headlines, it's Heather Duper Clan
drive with one New Zealand.

Speaker 1 (12:33):
Let's get connected and new stalks.

Speaker 4 (12:35):
That'd be not a lot of love for the shoe
box apartment idea, Heather Auckland in the city. Tiny apartments
are reminiscent to the ugly apartments that were built by
Russia after the war and the once beautiful Eastern European cities.
That's from Marie. It's a fair point. You're not gonna
love them right nobody else. You're not supposed to love them.
They're just a means to an end. Here the Pookakoe
vegetable grower here, please ask questions of the government as

(12:55):
to whether they are going to protect the highly productive
growing areas around New Zealand, especially the around Pooka Koe.
We don't want our precious land built over by houses.
From Barrett, I heard, I was listening to the speech
that Chris Bishop gave to the real estate agents today,
and he did say that they're going to protect tier
one and tier two land and that will be the
great stuff, the pooka koe growing stuff. So as far

(13:17):
as I can see, you're pretty okay. Shoe box apartments actually,
by the way, are probably one of the least controversial
parts of Chris's housing package. Let me run you through
the rest of it. Big council so you get tier
one and tier two councils, Okay, the Tier one councils,
the big ones, and the tier two councils, the next
ones down Tier one really big councils like Auckland, Wellington,
christ Church and Todunger and Tier two councils like Fangadau

(13:41):
and New Plymouth and Dunedin. They will all have to
live zone enough land for thirty years worth of housing,
rather than let it become available bit by bit like
they drip feed it at the moment like they do.
They just have to go, right, here's thirty years of land,
go for it, and you just built. You just go
held for leather and build it. Councils will not be
able to impose the urban all boundary lines and their
planning documents, like Auckland very famously does. Now the Tier

(14:04):
one councils Auckland, christ Church, Todunger and Wellington will have
to enable appropriate levels of density in their urban areas.
They must allow housing intensification along strategic transport corridors like
major bus routes and so on. They must also allow
things like and this is Tier one and Tier two councils,
cafes and dairies and shops in the urban areas. They

(14:27):
can still keep the industrial stuff away from the houses,
but you've got to have more retail in the urban areas.
And amen to that, because who wants to be driving
everywhere to a moll the MDRS, which was that ridiculous
thing that Labor and National did where they gave you permission,
your neighbor permission to just stick three houses up to
three stories on the land next to you and you
can't do anything about it. That is now optional, it's

(14:48):
not compulsory. And all of this, in conjunction and combination
with each other, should mean that house prices do not
rise as rapidly as they have in the past. We're
going to speak to a Developer about it after five
o'clock see what their take on it is. There is
yet another chapter in the Bruce Lherman saga over in Australia.
If you've been keeping an eye on this thing, this
has just like had more tentacles than an octopus. He

(15:09):
has now been committed to stand trial over allegations that
he raped a different woman twice in twenty twenty one.
His lawyers tried to have the case thrown out, but
a magistrate this afternoon said, nap, there's enough evidence. Got
to go to the district court. He denies the allegations
of murray Old's will be thus shortly and talk us
through that. Heather, please note to Peranara he's an old
man where he's harsh. Headline's next.

Speaker 2 (15:35):
The day's newsmakers talked to Heather first, Heather Duplicy Allen
drive with One New Zealand. Let's get connected and news
talk z.

Speaker 4 (15:44):
B pay breaking news. Fatim Ac Payman of the Labor
Party over in Australia has just quit and moved to
the Cross being that has some pretty serious ramifications for
the governing PARTI being Labor. So murray Olds are standing

(16:05):
by to have a little chat to us about that.
Hither am I correct in saying that TJ agreed with
the Hurricane Women's Hucker? Is it going to bring this
kind of stuff to the All Blacks Hucker? Probably not.
I feel like there's going to be a lot more
oversight of what happens in the All Blacks Hucker, don't
you think than like Women's cop the tournament that none
of us actually watch. However, having said that, it's part

(16:25):
of the reason why TJ is not everybody's favorite at
the moment, Mirage, Now I need to get you across
what's happening actually with the civil service? Well, wow, we
is this government not cleaning the place out at the moment.
There are some departures in the public service which are
pretty edgy today being reported that, and I say, like

(16:46):
the cleanout because you just had old mate who's running
caring or order leave, you had the board leave, You're
having the board of key we Rail leave. So there's
a real clean out going on. Being reported this morning
that three public service bosses are not going to have
their contracts renewed. At least two of them haven't even
done five years yet, and fully would have expected to
be able to have their contracts from you. Not gonna
happen there out the door. So it's Iona Holsteed who

(17:08):
runs the Ministry of Education now yay, because the Ministry
of Education sucks at its job. It's not educating kids
very well at all, is it? And it buck stops
at the top. So she's got to go, Bye bye.
Caroly McLeish who runs Treasury, she's going, and also Lillly
Anderson who runs the office for Maori Crown Relations. Maybe
because they blew their budget out wildly this year. Who knows. Anyway,

(17:32):
none of them have been confirmed except for Caroly MacLeish
of the Treasury that has been confirmed now and the
other two were waiting on. Barry Soper is going to
have a chat to us about that when he's with
us very shortly, in about ten minutes time. It's twenty
three away from five.

Speaker 1 (17:44):
It's the world wires on newstalks. They'd be drive Democrats.

Speaker 4 (17:48):
State governors have rallied around President Joe Biden. A number
of governors met with the President today and they say
there's no need for him to stand down from the
presidential race. Everything is absolutely tickety boo. Here's Minnesota Governor
Tim Walls.

Speaker 2 (18:01):
What we saw it in there today was a guy
who was the guy that all of us believed in
the first time, who could beat Donald Trump and did
beat Dom Trump.

Speaker 4 (18:09):
Hurricane Beryl has ripped through Jamaica and his heading for Mexico.
Power was knocked out of much of Jamaica's capital, Kingston,
and the Jamaican government has declared a state of emergency.
Actress Cheryl Lee Ralph was in Kingston when the storm hit.
We are praying for safety for it everybody, and stay
off the roads, standside because I'm going all went back

(18:33):
inside now yeah and finally, yeah, get yourself. Gerdiallins for
this one. The man who allegedly had an accident in
Gwyneth Paltrow's bed hopefully the spare bed has been named
and shamed. He's a socialite, Derek Blasberg. He has been
named by The Daily Mail as the mystery house guest

(18:53):
who lost control of his bowels one night while he
was staying at Gwyneth's house in the Hamptons. He's been
blamed this on ozempic but an unnamed sources. He's just
telling everyone that so he can save face. So yeah,
if you're an Airbnb host, maybe you want to check
if you have any bookings from a Derek Blasberg coming up,
so you can just just whip that cleaning for you
right in there.

Speaker 2 (19:16):
International correspondence with Ends and Eye Insurance Peace of Mind
for New Zealand Business Murray.

Speaker 4 (19:22):
Old Zsie correspondents with US Hamas.

Speaker 7 (19:24):
Very good afternoon, Heather.

Speaker 4 (19:25):
Are those protesters off the roof of Parliament?

Speaker 7 (19:27):
Yeah they are.

Speaker 10 (19:28):
They were up there for well, if I said less
than an hour, I wasn't across the entire timeline this morning.
But one thing I can tell you for certain, without
knowing for certain, there's going to be a big review
of security at Parliament House.

Speaker 7 (19:41):
I mean two separate groups of protests.

Speaker 10 (19:43):
Is one on the roof wearing Palestinian scarves and wearing
masks and carrying banners pro Palestinian banners from the River
to the Sea and condemning war crimes. A third referencing
Aboriginal land being stolen. They were chased off the roof
by police and eventually came down themselves, condemning Australia's relationship
with Israel and also making the point Australia was founded

(20:04):
on genocide.

Speaker 7 (20:05):
At the same time Climate protesters.

Speaker 10 (20:08):
Were inside in the foyer of the building, bluing themselves
to the floor and the ballards apparently. So look, they're
going to be charged with being bloody idiots and there's
going to be a big review of security.

Speaker 4 (20:20):
Charges do they face Well, I don't know.

Speaker 10 (20:23):
I mean, you know, destroying public property, you know, disrupting
the piece.

Speaker 7 (20:29):
Whatever.

Speaker 10 (20:31):
They will find something to charge them with because you
can't have this in the national capital. I mean imagine
if they had guns and bombs and things. So there's
going to be a review, no doubt about that. And
I'll let you know next week about charges.

Speaker 4 (20:44):
Brilliant, I love it. Go hard on them. Okay, So
fatima payment quitting. This is reasonably significant, isn't it.

Speaker 7 (20:50):
Oh, this is big news. This is big news.

Speaker 10 (20:52):
And look on a bunch of different levels that a
whole lot of things to tease out about this. Principally
for me, how the hell did labor not see this coming?
I mean, she's a young, very bright, very attractive, hijab
wearing Muslim woman born in Carble. You'd think an ideal
Australian immigrant success story, tic tic tick every box you

(21:13):
can think of, and she was elected in Perth as
the number six senator Labor senator from Perth's if I
said she's early thirties, I may be doing a disservice.

Speaker 7 (21:24):
She could be late twenties or something.

Speaker 10 (21:26):
She's very young, photogenic, smart and powerful, and she's quit.
How Labor didn't see this coming. I mean, here's the thing.
She got up last week and sided with the Greens,
and the government said, oh, you can't do that. And
when she said on national television on Sunday, on Sunday,
I would cross the four again on Palestine, well, Anthony
Albaneze suspended her from.

Speaker 7 (21:47):
The caucus, the Labor caucus. Here's the thing.

Speaker 10 (21:49):
The government supports a two state solution but has made
no decision on recognizing Palestine as an independent nation. Fatima says, listen,
far as I'm concerned, it must be an independent, free nation.
She's quit this afternoon the Labor Party. And here's some quotes.
I'm going to be a true voice. She said on
the right side of humanity, condemning Israel for carrying out

(22:11):
a genocide of unimaginable proportions. Well, what a mess for Labor.
You can see Peter Dutton licking his chops because this
is Labor with a big own goal, a bright, young,
attractive ethnic woman getting smacked and getting kicked out of
the party that she embraced.

Speaker 4 (22:28):
What does it mean mass for their ability. This is
Labour's ability to be able to get things through the Senate.

Speaker 10 (22:32):
Now, well, she's going to be sitting on the cross bench.

Speaker 7 (22:36):
We already know it's tough enough.

Speaker 10 (22:38):
If the Green side with the Coalition, well they can't
get anything through.

Speaker 7 (22:41):
This is just one vote lost in the upper House.

Speaker 10 (22:44):
But luckily for Labor, and this is the last day of.

Speaker 7 (22:49):
The Parliament. They rise today for the winter recess.

Speaker 10 (22:53):
So Labor's got to go away and just do some
soul searching because this has been a bloody stuff up
from start to finish.

Speaker 7 (22:59):
They could have handled us more poorly in my view.

Speaker 4 (23:02):
Yeah, speaking of stuff ups, Bruce Lehman.

Speaker 1 (23:04):
More of it.

Speaker 10 (23:05):
Well, that's right, Bruce Lehrman now charged. Well, he's been
committed to stand trial on two charges of rape and
Queensland relating to an incident one night in October twenty
twenty one.

Speaker 7 (23:16):
The allegation.

Speaker 10 (23:18):
He's denied this, of course, but the magist today found
sufficient evidence to commit him to stand trial. He met
a young woman at a nightclub and to Woomba, his hometown,
went back to a friend's house.

Speaker 7 (23:28):
They had consensual sex.

Speaker 10 (23:30):
The allegations of sexual assault of rape pertaining to two
other acts of sex that occurred that night, and the
prosecution has made the point every act of sex must
be accompanied by a consent, and the allegations are that
the first was okay, the second two were not okay.
And that's what mister Lehman's going to be standing trail for.

Speaker 4 (23:50):
Miss Thank you very much, appreciate it, MARYL. Look after yourself.
Murray Old's Australia correspondent.

Speaker 6 (23:55):
Here.

Speaker 4 (23:55):
The small balconies are fine, but two small apartments are
not good for mental health because some people will stay
for years to save money. That's from Brenda brend'arte. What's
worse for mental health and a small apartment is never
being able to own your own home. That's really bad
for mental health. So I'd rather have a small one
over nothing at all. What do you think The Ministry
of Education is warning that we need to start building

(24:16):
more classes, because you'll remember that the government has postponed
plans for new schools and so on. They are saying
that we need new schools, and we need new classrooms
urgently because there is just too much population growth going on.
They reckon at the Ministry of Education. One hundred and
thirty nine schools are already over their classroom capacity. There
are parts of Auckland and christ Church which have critical

(24:36):
unmet demand. We're going to speak to Tim Botting, who's
the principle of Ormiston Senior College, who I think actually,
I think that they are teaching kids in the cafe
and the library. I mean the library not ideal, the
cafe really not ideal. So anyway, he'll be with us
about ten plus five, talk us through that very sop
as next.

Speaker 2 (24:55):
Politics with centrics credit, check your customers and get payment certainty.

Speaker 4 (25:00):
So our senior political correspondence with us right now. Hey, Barry,
just the other micro didn't doing the same thing as
as Darcy did earlier, roll microphone. I think this is
a problem. We're going to fix the We're going to
fix this ourselves. This is a set up problem. This
is not a your problem. So I apologize for that, Barry.
I apologize for us embarrassing you like that.

Speaker 9 (25:18):
Yeah, well Darcy didn't say it sound too embarrassed.

Speaker 4 (25:21):
Neither of us, since it's not my fault, not even
a shame of the Hey, the housing shakeup's going to
prove controversial, isn't it.

Speaker 9 (25:28):
Well, it is, but anything would be better than key
we build, I suppose. But I think the main thing
that's getting attention is getting rid of minimum floor areas
and balcony requirements for apartments and rules to allow cities
to extend outwards at the fringes. And I think extending
outwards is actually what cities have been very reluctant to

(25:53):
do in the past, and I think it's a really
good thing. I mean, you can't confine a city and say,
like Labour saw, the answer was density, high identity in cities.
But people don't want to live on top of each
other unless you're in an apartment. And there's nothing wrong
in living in an apartment. The christ Bishop, the Housing minister,

(26:17):
he says the government rejects the view that said he
can cidies can only grow outwards, they can grow up
as well, and to that end, he's talking about apartments. Interestingly,
there was one comment that he made and I'm just
not quite sure how they're going to achieve this. He said,
these city fringe changes would mean people could build there

(26:38):
as long as they covered the costs of associated associated infrastructure.

Speaker 1 (26:44):
I'm not quite.

Speaker 9 (26:44):
Sure how that works. I guess it's developers that developers
want to like Drury, want to develop an area, then
they've got to look after.

Speaker 4 (26:54):
The orchestructure, the council's jobs. So it has been the
responsibility of the council to do all the pipe work
and all that kind of stuff. And so what he's
saying is the developers have to do this right.

Speaker 9 (27:04):
So I see that, But I guess that could be
something of a problem because infrastructure usually is a council's responsibility.

Speaker 4 (27:14):
So developer, I'll tell you what, the developers can make
the money the books balance will still make a buck
out of it. They'll be doing it. They'll be making
those pipes as fast as you possibly can.

Speaker 11 (27:22):
Yeah.

Speaker 9 (27:22):
Well, councils are now being told by central government what's
expected of them when it comes to the likes of apartments.
Here's Chris Bishop.

Speaker 12 (27:30):
Evidence from twenty fifteen shows them in the Auckland market.
For example, balcony size requirements increase the cost of an
apartment by forty to seventy thousand dollars per unit. We
will therefore remove the ability for counselors to set rules
or guidelines that require balconies or flaw areas to be
of a minimum size. Developers will still be able to
size dwellings and choose to provide balconies as they and

(27:51):
their customers see fit, provided they can fly with national
building standards. You sometimes hear people complain about all of
these shoe box apartartments, and you know, I agree, they're
not the right housing solution for everyone. But you know
what's smaller than a shoe box apartment? Cars and tents
that people are living in right now in New Zealand.

Speaker 9 (28:10):
See, And that's a very good point. Actually that isn't
it better? I guess though, if you're living in a
car or an a tent, you really haven't got any
money that you could ever put towards a house or
even an apartment, So you know, I mean it's all
very idealistic. But you know, in shoe box apartments aren't

(28:31):
the most attractive, but at least it's the old story.
It's a roof over your head.

Speaker 4 (28:35):
Absolutely couldn't agree more. Hey, what do you make of
this mental health funder? The governments announced again.

Speaker 9 (28:41):
It's going to be really interesting. Targets have been set
and eighty percent of people they tell us are will
be able to access special mental health and addiction services
within three weeks, and ninety five percent of mental health
and addict and related urgency department presentations they'll be seen

(29:04):
within three hours. Now, that's very idealistic. And they've put
ten million dollars a fund for mental health care innovation.
But it made it got me thinking about what happened
to that massive fund that was announced by Labor back
in twenty nineteen, one point nine billion dollars for mental health. Well,

(29:30):
looking into it, it's hard to see, well, it's not
hard to see where the money went. It didn't well,
it didn't go into mental health. It did go somewhere.
One point one billion of it went into the general
health system, so it went across the board of health system,
not to mental health. The rest has been spread across

(29:51):
a wide range of government agencies. And I find this interesting.
Corrections Housing, Urban Development, and the Ministry of Social Development, courts,
the Rural Commission of Inquiry into Abuse and Care. Really
that's where the money went. And this was so well,
it's a bit like the COVID fund that the Labor

(30:12):
Party said yeah, and said it is going to be
spent on COVID related issues. Well it will spent on well,
it will spend Some of it were spent on that,
but certainly not a lot of it. They farmed it
out to other areas of need.

Speaker 4 (30:25):
Fascinating Seth, Barry, thank you very much, really appreciate it.
That's Barry Soper, Senior political correspondent. It's coming up seven
away from five.

Speaker 2 (30:31):
Putting the tough questions to the newspeakers. Some Mike asking.

Speaker 4 (30:34):
Breakfast changes, rolling on a coing or housing.

Speaker 13 (30:37):
Minister christ Bishop, whethers CHOI or.

Speaker 14 (30:39):
Is a financtually troubled organization for what's a forty five
pillan dollar company. Very important institution for the Crown nicol aside,
but it's very clear to them that we want them
to eliminate losses and get back to their core business,
which is actually being a landlord.

Speaker 9 (30:51):
Counter argument to that is, we need more houses and
they're not building them.

Speaker 15 (30:54):
We won't be building as many, and who fills that gap.

Speaker 14 (30:56):
We may well put more money into KO for them
to build more State House, but we're not going to
do that. It would be irresponsible to give them a
blank check to build more houses until we're confident they've
got their cost under control and they're financially sustainable as
an organization.

Speaker 2 (31:09):
Back tomorrow at six am the Mic Hosking Breakfast with
Jaguine Newstalk zeb Heather.

Speaker 4 (31:15):
There's a lot of land in South Auckland already developed.
No houses can go on the land because there's no
water or sewage. The roads are Oakland Road and Hayfield
Way just off the Papa coulda turn off a karraka.
What is Chris Bishop on about if there's no infrastructure.
All the government narrative about freeingland is just blah blah.
So much land within the Auckland perimeter with property still
on semptic tanks and their own water supply as they
cannot hook up to the main system, and you call

(31:36):
them out on this, Marie, thank you very much. Appreciate that.
We will talk to the developer. We're going to talk
to who's David Whitburn and just get his take on
whether this is feasible or not. Now, this is bad
news for Joe Biden if he lived in New Zealand,
because I don't know if you noticed, but the other
day he got a fake tan. I mean he went
from being like pasty, white, sick looking guy to all
of a sudden, like the color of Donald Trump. Anyway related,

(32:00):
I just was using it as I'm not gonna lie.
I'm just using it as an opportunity to talk about
Joe Biden again, because the man is an ongoing joke.
But anyway, So, on the subject of fake tans, Consumer
New Zealand wants a ban on sun beds in New
Zealand because the advice from Health New Zealand is that
you shouldn't be using it a sun tanning bed if
you have fair skin. So basically, if you're like, what

(32:21):
is fair skin? Ants is fair skin a white person
or is it a white person with freckles and jiji.

Speaker 16 (32:26):
Yeah, I was going to say, they call it Tier
one in like the system that they have. So I
think it's like you know your mate who's like, no,
I actually can't go out in the sun because I
know Scottish cousin.

Speaker 4 (32:36):
Yeah yeah, okay, so my cousin can't use it. And
also people under eighteen are not supposed to. But apparently
Consumer New Zealand cent a fourteen year old and they
were very happy to let the gingery fourteen year old
have a crack at it, even though fair skin people
shouldn't do it and under eighteen year olds shouldn't do it.
So Consumer New Zealand's reach for the nuclear button, which

(32:56):
Joe Biden would fail to find at this stage, and
Consumer New Zealand has decided that's it. Not at any
more Sundan beds anymore, the whole of New Zealand no
more for you because we can't trust them. So anyway,
they're going to be with us in twenty minutes and
talk us through that. Yeah, News Talk z'ba.

Speaker 2 (33:19):
The only drive show you can trust to ask the questions,
get the answers, by the facts and give the analysis.
Heather due to Celum Drive with One New Zealand Let's get.

Speaker 1 (33:30):
Connected and News Talk z be.

Speaker 4 (33:33):
Afternoon. Chris Bishop has revealed his plan to flood the
market with houses. The new rules these outlined today would
abolish urban rural boundaries around cities, demand that council's free
up thirty years worth of development land, demand intensification, especially
along transport corridors, and remove restrictions on apartment sizes and
balcony sizes. That would mean the market would make the
rules and not the council. David Whitburn is a professional

(33:56):
property developer and investor in with us.

Speaker 1 (33:58):
Now, hey David, yeah, how are you very well?

Speaker 4 (34:01):
Thank you? Do you reckon? This is going to see
more houses built and prices kept down.

Speaker 17 (34:06):
It will, but unfortunately it's not the holy grail that
many are looking for. This will be a little bit
of a trickle only because we need to couple with
infrastructure funding there considering urban sprawl when getting rid of
the metropolitan urban limits to Auckland and christ Church have
already factored in thirty years of supply in their plans anyway,

(34:28):
so that really only adding in the Hamilton, told On
and Wellington councils is the tier one councils for this,
And until we get the infrastructure funding sorted out, we're
not going to be able to get too much of
a dent in this, unfortunately, because it is very expensive
to put in the wastewater networks, theroading, the connections to
electricity reticulation and so forth to get a full benefit

(34:51):
from that.

Speaker 4 (34:52):
You don't think the developers will pay for it willingly.

Speaker 17 (34:56):
Developers won't pay for willing because we've got to make
a profit could be more useful if we could consider
addressing the high interest rates that are hurting us.

Speaker 5 (35:05):
Is so bad that at.

Speaker 15 (35:06):
The moment they're just too high, but the infrastructure costs
will help it. Just where's the funding the platform from them?
There have been some successful models, the likes of what
Fulk and Hogan have done in Mildale has been great
with a targeted contribution to the rates. I think it's
over thirty years to alleviate some of the pressure, but
it's very expensive doing it. We're seeing development contributions upwards

(35:28):
of ninety thousand dollars in Drury that just gets tagged
to the cost of houses properly. So as a result
we see places like Kumiu and Herpei in northwest of
Auckland and Karaka and Pocino. We're seeing there in addition
to some quite lengthy commute times, we're also seeing that
these areas using the old speak the sort of nine
to ten nicer more costly areas. So it doesn't really

(35:51):
help the housing affordability and will only make a minor
dent and things. It's the right principle and all in
better and lower house but unfortunately, unless it's dovetailed around
intrast rates lying and the provision of more bulk infrastructure
ideally funded by government who can burow a couple of
least two hundred basis points lower than we developers can.

(36:13):
It's going to still be a real challenge.

Speaker 4 (36:15):
How do you feel about the possibility of shoe box apartments?

Speaker 17 (36:19):
Not good?

Speaker 15 (36:19):
We foiled a lot in the in the night and
noticed a bit of work with.

Speaker 17 (36:26):
Some lawyers today and.

Speaker 15 (36:27):
An expert witness brief on one such infamous project there.
It's something we've got to be a bit conscious of. Unfortunately,
we've got to take some of our most vulnerable people
along with us on the journey, and some people don't
have that choice. So potentially, yet, if we were developed
that peraps weren't quite so conscious there, I may be

(36:47):
able to build nine square meter units and peraps have
a shared bathroom.

Speaker 4 (36:52):
Would anybody live the really?

Speaker 15 (36:54):
Unfortunately they haven't. In student halls of residents have examples
of that. Some workers accommodation do it in cities like
Hong Kong and numerous European cities. I've seen ones as
small as nine square meters. Unfortunately, so some vulnerable people. Unfortunately,
do you have to live in that. Yes, it's better

(37:15):
than living in the car or a living rough, but
it's not very nice. I'm not so sure about having
a removal of balconies, particularly when you can have no
opening windows. In addition to these full size it probably
it could be a better way to have some minimum
stands there, just to make sure that our country's most
vulnerable and left behind.

Speaker 4 (37:34):
David, it's really good to get your perspective on it.
Thank you very much. David Whitburn, professional property developer and investor.

Speaker 1 (37:39):
Helor duper see Alan speaking.

Speaker 4 (37:40):
Of building, the Ministry of Education has warned the government
that it needs to get on with building new schools
and classrooms because of a roll bulge that's moving through
schools and incoming migration. It reckons one hundred and thirty
nine schools are already over their classroom capacity. Tim Botting
is the principle of Ormiston Senior College and with.

Speaker 1 (37:57):
Us, Hey Tim, Hey, how the go?

Speaker 4 (37:59):
Yeah, I'm very well, thank you? How bad is it
with you guys?

Speaker 18 (38:02):
We wouldn't said it's bad. We're definitely experiencing the role growth.
We're currently got fourteen hundred students in a building that's
designed for eleven hundred.

Speaker 11 (38:11):
And twenty five.

Speaker 18 (38:12):
So we've had to make some adjustments within our space
is to accommodate those students.

Speaker 4 (38:16):
Yeah, like teaching in your cafe, aren't you.

Speaker 18 (38:19):
Yeah, we've had to use some cafe space. Our library
space now has students in it. We're coping really well.
Our staff have adapted brilliantly, and our students are doing
really well in the space. And thankfully the Ministry is
working really well at the school to bring in some
short term role growth buildings for the end of the
year and to move ahead with the full build going

(38:41):
on later.

Speaker 13 (38:42):
On the year.

Speaker 4 (38:42):
You're getting another ten temporary classrooms.

Speaker 6 (38:44):
Is that enough?

Speaker 13 (38:47):
No?

Speaker 18 (38:48):
But these plans in place that are working forward. I
think we're in a position in Ormiston because we're identified
as a very high growth area by the Ministry of
Education as well. They're aware of our situation. So we've
got those ten coming in and then we'll have another
ten by the end of the year and potentially another

(39:08):
ten next year while they are building a twelve classroom
extension to our current block.

Speaker 4 (39:14):
Tim, thank you very much, really appreciate it. I mate,
that's Timbotting. The principle of Ormiston Senior College.

Speaker 1 (39:19):
Heather duper cee Ellen Heather, we.

Speaker 4 (39:21):
Are affectionately known as apply in swite. We can even
glow in the dark. That's from Rachel. That's about people
who shouldn't be getting sunbeds. We're going to talk to
consumer getting into the sun bed It's going to talk
to consumer New Zealand about it shortly. But how good
is this? I love this. ASB has changed its forecast
for when they're packing an OCR cut and they've brought
it forward to this year. They were saying it was
going to be February next year, but now they've looked

(39:42):
at all the data and they go, nah, November this year.
Welcome to the party. ASB. Keew We Bank and I
have been here for a while calling November. I'm not
that I count for anything. I basically just read what
Keewi Bank said and I was like, yep, that sounds
about right, because that looks like what we're seeing out there,
way too hard. Keiwibank's position is it is just way
too hard out there right now for people. Retail is suffering.

(40:04):
Everybody's having a hard time. We're clearly in a massive
recession of some sort, and you can't carry on like this,
and you're going to have to cut earlier than you
think you're going to have to cut, which will be November.

Speaker 13 (40:13):
Now.

Speaker 4 (40:13):
The reason that ASB says it's changed is because the
dynamic is really changing very quickly. This year. They're starting
to see inflation indicators soften really quickly. They reckon inflation
will be in the target one to three percent band
by the year's end. Households are clearly struggling, businesses are
starting to cut jobs, wage growth is slowing, and job
security worries are now on the up. So yay. If

(40:34):
there's going to be a little bit of good news,
it's that we can start to turn the corner in
November fourteen past five. Hither, what Chris Bishop was implying
is user pay, So it's the end user, not the
developer who pays. For example, a Milldale's development, the developer
didn't pay the development contribution. It was the house owner
who paid an extra five thousand dollars a year on
top of their rate for twenty years. So the end
user bears the cost, which, to be fair, is not

(40:56):
a bad idea, is it, Because that way it's not
the rate payer who should be the very last person
who's paying for this seventeen past five. Now Consumer New
Zealand is calling for a ban on sun beds. They
did a bit of mystery shopping and they found one
sunbed operator was very happy to let a fourteen year
old use the sun bed. Now that's illegal, And then
they also found several operators were happy to let a

(41:17):
very fair skinned person use the bed. Belinda Castle's is
an investigative writer for Consuming New Zealand and with us. Hey, Belinda, hi,
now is it the case that they're not allowed? Didn't
realize this, but are they not allowed to let a
very fair skinned person into the bed?

Speaker 19 (41:32):
Unfortunately, it's not against the law because we have very
lax regulations when it comes to that. So the only
person that it's illegal to let in as an under eighteen.
That got changed in twenty seventeen.

Speaker 4 (41:44):
And one of the operators did let an under eighteen
year old in.

Speaker 19 (41:48):
They did so, I mean the under eteen did sign
the consent foreman, you know, ticked the box that they
were eighteen, but there was no verification of that age.

Speaker 18 (41:57):
So you know, it's a bit like.

Speaker 19 (41:58):
Buying alcohol, buying too. You really should be checking the
idea I mean, if a fourteen year old wants to
have a some bed, they're just going to take those boxes,
aren't they.

Speaker 4 (42:06):
No, totally. Now, look, I don't think it's good that
this operator let the fourteen year old, and obviously, but
that is one rogue operator out of how many.

Speaker 19 (42:16):
So we sent an underaged person to twenty three operators
in different regions across the country. So yeah, agreed, it
was only one, but we found more of the operators
actually let in a typeline or very fair skinned person
as well. So it's these two at risk groups are
really vulnerable.

Speaker 4 (42:35):
Too, very vulnerable to skin cancer.

Speaker 19 (42:40):
Skin cancer.

Speaker 4 (42:40):
Yeah, okay, isn't the case. Somebody's just text me so
you're just doing a Joe Biden Belinda. That's okay, it's
very fashionable at the moment. Somebody was just texting me
saying sun bed's a banned in Australia because of skin cancer?
Is that true?

Speaker 19 (42:53):
Yeah, that's correct. So the band over there. There's other
countries as well, Brazil, some countries in Europe have banned them,
and those that haven't banned them that you have a
lot tougher regulation. So we've got these voluntary regulations that
clearly voluntary is not working, so we should just ban them.
There's no need for them. There's no unless you have
a medical reason to use the s bed and if

(43:14):
that's the case, it should be under medical supervision with
a controlled uv UV light. But you know, for most
of us wanting to have some bed to get a tan,
there's no need.

Speaker 2 (43:24):
Is it.

Speaker 4 (43:24):
I mean, look, I don't use these things and I
don't see any like personally. I'm not into it obviously.
But there's one rogue operator is that it's not an
overreaction to ban something because of one bad dude.

Speaker 19 (43:37):
Well, we've been mastery shopping some bed operators for more
than a decade, so you know, over the years we've
found other operators and again, as I said, it's a
fair skinned people. So it's not just us calling for
a ban either. It's a health agency, it's the cancer Society,
the dermatologists, you know obviously, the people that are dealing
with the impacts of skin cancer. So we're not just

(43:58):
the only ones that are asking for a.

Speaker 4 (44:00):
All right, Belinda, thank you for talking us through to
appreciated Blinda Castle's consumer New Zealand investigative writer Heather I
have fair skin, and I use a tanning bed from
time to time. Surely it's my decision to use it.
I don't know if you've noticed this, but we've entered
a new era where nothing is your decision anymore. You can't.
We want to take your siggies away from you. We
want to take your son bed away from you, we

(44:20):
want to take your sugar away from you. We just
want to take everything away from you because you're a
very bad, very bad, immature adult doing these things to yourself. Now,
what was pointed out by obviously Bunk sarcastic. By the way,
of course, you can make your own decisions. You're a
grown up now. Anyway. Listen, we were talking before with
Darcy Waldgrave when Darcy would about Raiser's selection of the players,

(44:41):
and when he walked out the studio during the ad break,
he pointed out to me that the players that Raiser
has packed are all quite experienced players, right, there is
no new blood in there. And he and I then decided,
we decided between ourselves right then and there that that
is an indication that Raiser is absolutely feeling the pressure
because he has got to win this one, right, because
I mean, geez, they rolled Fozzy for him, so he's

(45:02):
got to win this. He can't take any chances with
new Blood. So we'll ask Sir John Kerwin about that.
He's going to be with us after half past five,
whether we're onto something here. Five twenty one find.

Speaker 2 (45:10):
Your smart speaker on the iHeart app and in your
car on your drive home. Hither dup to see Allen
drive with one New Zealand let's get connected.

Speaker 4 (45:19):
And news Talks said, be hither should we also ban
the fourteen year olds from some bathing in the sun
at the pools? I mean, Malcolm, obviously that would be
the logically consistent thing to do. Yes, thank you for
the idea. I'll pass it on to consuming New Zealand.
I'll look into that for you now. Five twenty four.
If you are listening at the start of the show,
you will have heard Henry ulsa Olsen, the US polster,
say that today it is looking more likely than not

(45:40):
that Joe Biden's going to pull out of the race.
That is not what we were saying on Monday. Right Monday,
it was like, na, he's going to be in the
race today, more likely than not he pulls out. That's
obviously not what Joe Biden is saying, because Joe Biden
is adamant to this point that he's not leaving. But
Joe Biden will say that until the very minute that
he actually announces that he is leaving, because that is
how politics works. And it is more more likely now
that he leaves because of the stuff that's happened in

(46:03):
the last twenty four hours. One of the most damaging
thing that's happened is that Reid Hastings, who's the co
founder of Netflix and a mega donor to the Democrats,
has gone public and said Biden needs to step down.
He spoke to The New York Times. He said he
needs to step aside to allow a vigorous Democratic leader
to beat Trump and keep us safe and prosperous. Now
that makes him one of the first major donors to

(46:23):
break ranks. Now that he's done it, watch others will
do it too, because that's how politics works. Another damaging
thing is that the Wall Street Journal has put out
a poll that shows that Trump now has a six
point lead over Biden. Now that is the widest lead
that Trump has had in almost three years. Makes it
very very hard for Biden to beat Trump because Biden

(46:45):
in order to win, he needs a two point lead
and he's now six points behind. Also, yes, it's not over. Also,
there are reports that Biden is privately considering stepping down.
Somebody's leak that that's damaging. Also there are reports that
they are now seriously considering Karrmla Hah Harris's replacement. Someone's
leak that that's also damaging. What this shows you is
that you just can't gaslight people, no matter how hard

(47:08):
the Democrats have tried. You can't pretend something that people
can see is happening is not happening. The Biden camp
has tried very, very very hard to gas light people
since Friday. They said it was a cold, they said
it was jet lag. They said it was just a
bad night. They said you have bad debates. Sometimes. They
rolled out Barack Obama, they rolled out Jel Biden. That
has rolled out the governors today. But in the end,

(47:29):
people saw what they saw. And now, being the fickle
person that I am, I'm changing my prediction. Hey's gone
not going to stick it out.

Speaker 1 (47:39):
Together. Do for see Ellen, Okay, listen to this.

Speaker 4 (47:42):
On this show, we often get texts, right, they come
through the text machine. They give us a little heads up,
because you wouldn't believe that the caliber of people who
listen right who know what's going on and tell you
what's going on. And we get a lot of text
saying this is really what's going on. It's not been
reported in the media. Here's an example of what happens
to those texts. There was a story today in the
Herald right about the inter Islanders Kai Tucky Fairy, which

(48:04):
was missing one of its two stabilizer fins for more
than eighteen months, which is why all of the sailings
by the I knew something was up. The inter Islander
sailings were all canceled, but the Bluebridge was still going
in the rough seas because they couldn't handle the swells
without the stabilizer fin. That text that told us that
that was happening came through on Tuesday night. I'm not
going to say who from in case he gets in trouble.

(48:26):
I sent it through to Georgia Campbell on Tuesday night
when I got it. She's my friend at the Herald.
She's been doing all the KiwiRail yarns. She checked it
out bang on, wrote the story. It's in the paper
this morning now to be fair to George, she had
actually heard it herself, but the text was basically the
same thing she'd heard, so away she went and she
wrote the story, obviously after checking it out.

Speaker 7 (48:45):
Anyway.

Speaker 4 (48:45):
The reason I'm telling you that is because that is
not the first time that has happened, and hopefully that
will not be the last time it's happened. So if
you know what's going out there, then let us know,
because I will do my very best to make sure
that everybody then what you know, see what I'm doing here?
Oh yeah, So John Couwin with us Next on rass
Pecks Headlines.

Speaker 9 (49:06):
Next the.

Speaker 2 (49:11):
Heather dupaicy Ellen cutting through the noise to get the facts.
It's Heather dup to see Allen drive with one New
Zealand let's get connected and news talk as that'd be.

Speaker 4 (49:22):
Who know, Well, jeez, that worked. I've got my first
did you know? Text about the health sector? Thank you
for that. I'm going to read that and then I'm
going to pass it on to the relevant reporter and
we'll see if it makes the herald. The Huddle is
standing by to have a chat to us. We've got
David Farrer and debuting today, Rob Campbell as in Rob Rob,

(49:44):
the chatty one from House New Zealand, which I appreciate
it the opinions because that's why he's on the huddle.
So anyway, we'll be dealing with him very shortly after
six o'clock. We're going to talk about ird because I
already has done a crackdown on people who've got the
crypto assets all they are in the middle of it,
in the middle of cracking down on people with the
crypto assets and the crypto curR andcy, but who are
not paying tax on this iad he's got a whole
bunch of data and from that they've identified two hundred

(50:07):
and twenty seven thousand people who they reckon are doing
about seven million transactions with get this a value of
seven point eight billion dollars, and they want their tax.
So they wrote to some of them late last year,
what they call high risk individuals, wrote to them late
last year, told them to sort it out. No indication
as to whether they've actually sorted it out or not.
Bruce Binaki, the tax partner at Denton's Kensington Swan, will

(50:28):
be with us after six right now, it's twenty three
away from six.

Speaker 1 (50:31):
To ever do for c Ellen Scott.

Speaker 4 (50:34):
Raiser Robertson has named his first ever Test match squad
as the AB's coach. Bad day for Boden Barrett because
Boden missed out on fullback seven Peraffecta got that he
missed out on first five. Damian McKenzie got that. Sir
John Kerwin is a former All Black high JK.

Speaker 13 (50:49):
How are we?

Speaker 4 (50:50):
I'm very well, I'm very well. I'm having a better day,
I think than Boden baroners. So tell me why do
you think Raiser picked Stephen Perafetta over body in fullback?

Speaker 13 (51:00):
I think a body's been in Japan playing so he
hasn't had any super rugby, just got back, and I
think it's a really wise choice. I think, you know,
Boden will need a little bit of time to get
back at that level. So and Stephen Perefetta has been,
you know, a form player in the last few weeks,

(51:22):
although he has been injured. You know, I think Boden,
for me, he goes down and led jury status because
he could have left. But he's coming back and I
think we'll see him, although he probably might not be
that happy with sitting on the bench and el for time.
Force his way in. We might see him a little bit,
you know, just coming on late to solve problem situations.

Speaker 4 (51:42):
And so obviously the same reason for picking Damien McKenzie
over Boden Barrett and the number ten Jersey. Do you
everckon Damien's actually good enough? Like I'm a fan of his,
are you?

Speaker 13 (51:51):
Yeah, I'm a really big fan. I think he brings
a different dimension to the game. And I think the
most important thing with damiens led him to play ten
the way he likes to play it. That means players
around him might need to adjust. So I think when
you got someone like Damien McKenzie at ten, you do
need to think about what's going on around him and
how we can really free him up. I think you'll

(52:12):
see him play a little bit in the backfield, so
him and Stephen Peifetta might swap a wee bit so
that there kicks back. You might even see both of
them back there. So I think that's really exciting because
if you give Damien any space, he's really going to
take it.

Speaker 4 (52:26):
Yeah, we were speculating before that. What's been pointed out
is that Razor has picked a team of people who
have played before, who've got experience under the belt, and
we were speculating before that that's an indication that he
is himself feeling the pressure that he needs to win
this first test.

Speaker 13 (52:39):
What do you think, Oh, he's an all back couch.
He needs to win first. I'm sure he's got a
big plan in place about bringing new players through, but
he needs to win test matches in New Zealand. Public
demand that, and I would say it's the wisest thing
he could have done. You know, he's had a lot
of retirements, he's had a lot of big players that

(53:01):
have left, but he has actually gone right, Okay, here
we go. We've got enough experience in this team. This
is a really good English side as well. I think that,
you know, they've had a chance to go and Japan
and have a warm up game. So I think it
was really really wise. I thought there might be a
couple of you know, a couple of guys on the
bench that might be new Caps, but I understand fully

(53:23):
ways and gone that way.

Speaker 4 (53:24):
Hey, were you at the government's mental health announcement today?

Speaker 13 (53:28):
I was. I was really stoked to be there actually,
and they I think they are. Look, there's three things
that are really really important for me. You cannot centralize
mental health, so it needs to be a community issue.
There are some amazing you know, I travel the country.
There's some amazing people in the community that are doing

(53:48):
great mental health work. So we need to finance them.
The second thing is we've got to start talking about
prevented a mental health How do we stop pushing people
off the cliff? And you know, I think I think
what this government has said. If we give ten million
this year and these people come back to us and
say this is working in the community. We've got this

(54:08):
program that's working, here's the proof, they are going to
extend on that money. So community is where it's at.
And if you're out there and you've got these programs
in place where you know you're making a different to
mental health, then I would say apply for it. I
think it's and innovation is the word we need. You know,
this is a worldwide problem, as you know. I mean,
there's eight hundred thousand people committed suicide last year, right,

(54:31):
so this is a crisis around the world, and our
beautiful little country is way up there in the bad stats.
So what we've been doing, and I don't think this
is anyone's fault what we've been doing is not working,
so we need to try and attack this differently. So innovation.
Giving money to the community, then proving back that it
works and then giving them more money is definitely what
I think we should be done.

Speaker 4 (54:52):
John, thank you very much, really appreciate, Sir John kerb
and former All Black and of course mental health advocate
heither I reckon Joe Biden's best decision would be to
stay away from grassy knoles and book depository. Steve thank
you nineteen away from six the Huddle with.

Speaker 2 (55:05):
New Zealand Southeby's International Realty exceptional marketing for every property
on the huddle.

Speaker 4 (55:11):
Of this This evening got David Farrakuria Polster obviously runs
Kiwi blog as well and Rob Campbell at Chancellor, former
Health New Zealand share Hello lads, Hello hy Rob. How
are you feeling about It's your first time? You're nervous?

Speaker 11 (55:24):
Well, yeah, there's two people like here. I'm very nervous.
I'll just struggle to try and get through that, Sir JK.
Sounds like it will help me If I can't, don't worry.

Speaker 4 (55:33):
David will be gentle on you. David, what do you
make less nervous. Oh, everybody's less route nervous than Razor.
This week got even Biden's less rute nervous than Razor. Listen,
what do you make, David of Chris Bishop's plan to
flood the cities with more housing.

Speaker 17 (55:49):
I am a huge fan and the reta fan is
there's a metra and I've been saying it.

Speaker 5 (55:55):
For a few years.

Speaker 17 (55:55):
You have to build both up and out. You can't
just do one to urban sprawl when you don't intensify
won't work. If you only intensify but you don't allow
more growth won't work either. And that is like the
actually prolifically husky does because you really may see house
pipes stop here, things like getting rid of the minimum

(56:20):
size of the balconies might not senty eighty thousand dollar
top apartments. But also I really like that they're saying, yeah,
everyone's said you need to plan for thirty years of growth,
but the key difference is they're now saying, don't just
release a couple of years at a time, release the
thirty years now, because that actually should see lamb pip

(56:40):
has stop. So we'll see how it goes. But I'm
it's really very very possible.

Speaker 6 (56:45):
Yeah.

Speaker 4 (56:45):
The wrinkle in all of this, well, there's a bunch
of wrinkles, Rob, But one of the wrinkles is who
pays for the infrastructure underneath those developments. The developers say
they don't want to, but if a push came to shaft,
do you think they would.

Speaker 11 (56:57):
Well, some developers would have the economic stack up, but
it is a crucial issue. It's one thing to sort
of throw both regulations in space wide open or further open.
It's another thing to have the infrastructure in place that
can support that. And that's a problem not just out
on the fringe of our cities a place like Tarmaki,
but it's an issue in the inner city as well,

(57:18):
where it's all very well to say the infrastructure is
already there, but the infrastructure is stuffed. So there's a
much bigger issue facing the government. And just this kind
of loosen up the regulations around the place and everything
will be all right. That's simply not true.

Speaker 4 (57:32):
How do you feel, Rob about shoebox apartments.

Speaker 11 (57:36):
Well, I don't think Chris Budget lives in one. I
certainly don't. And you know, there's a role for relatively
small apartments, but there's some pretty small ones built. Again,
talking mainly about the city in Turnkey, where I live,
there are some pretty small ones built, and they don't
leave very satisfactory living conditions for lots of family types. Now,

(57:56):
for some people living on their own may be small
families maybe, but I don't think we sold our housing
crisis by building a lot of tiny apartments or indeed
by checking portable homes on the back of sections. There
are some sort of short run attractions to that, but
it's not a way to address good, healthy living standards

(58:18):
for our growing population.

Speaker 4 (58:19):
Oh, David, I'm okay with it because I've lived in
a tiny apartment and I know it's just a temporary thing,
right you just it gets you on the property ladder.

Speaker 11 (58:28):
I think that's a key. No one I think would
say that yoused to have been forty years withing a
tiny apartment, but for people their first home to get.

Speaker 17 (58:37):
There when you're single and you're working late and you
need a.

Speaker 11 (58:41):
Place to craft.

Speaker 17 (58:42):
I know some very actually quite well off people who
are really tiny houses because they prefer that it's actually
easier to maintain. Two key is that you want to
make sure you don't end up with people stuck in
these for decades and decades. Yeah, that's a fact.

Speaker 11 (59:00):
You've got to watch this idea of a property ladder too.
People forget that ladders go up and down. And it's
one thing to get into some of these places and
think that you're on a property ladder going up. But
you've got to remember part of the logic this is
to drive house prices down. So people buying these things now,
not on any way entering into a ladder that's guaranteed
to always go up.

Speaker 4 (59:19):
No, we'll certainly we're seeing that at the moment, aren't we.
That's a fair point. All right, guys, will take a break,
come back to you shortly fourteen away from six.

Speaker 2 (59:25):
The Huddle with New Zealand Southeby's International Realty Unparalleled reach
and Results.

Speaker 4 (59:30):
Back with the Huddle, Rob Campbell and David Farrell. Rob
our consumer wants us to ban some beds, should we.

Speaker 11 (59:37):
I'm not a fan of some beds, I've got to
say so. I certainly wouldn't care if they were banned,
So it's not something that excoes my mind a heck
a lot. Really, if you can afford to have a
sun bed and you're stupid enough to have one, I
don't have a.

Speaker 5 (59:51):
Big problem with it.

Speaker 4 (59:52):
Well, David, I don't use these things either, but I figure,
if if it brings you happiness, if it makes you happy,
make sure what might have What Dan, do you think
I've got in the middle of bloody.

Speaker 17 (01:00:02):
When I wonder I know, yes, said I think you're
stupid if you use sunbeads.

Speaker 13 (01:00:09):
They go hell for us.

Speaker 17 (01:00:11):
But people have the right to be stupid. People want
to take the risk, and you know, do as long
as you the institutions that provide them following the law,
especially you. But concerning what consumers said that some young
people will have been.

Speaker 4 (01:00:29):
About, yeah, that's illegal.

Speaker 17 (01:00:31):
That comes down to enforcement.

Speaker 4 (01:00:34):
Yeah, totally. Robert. I don't know if you know this,
but because you were once running Health New Zealand, I
expect you to do you do they Do you get
vitamin D out of a sun bed?

Speaker 11 (01:00:44):
Oh?

Speaker 17 (01:00:44):
Cragy?

Speaker 11 (01:00:45):
That's for clinical question, no idea. I certainly don't.

Speaker 4 (01:00:49):
I was trying to find a positive and hey, listen,
what do you reckon, rob Is Biden's going to quit
after the last twenty four hours.

Speaker 11 (01:00:56):
Look, it doesn't look to me as if he is.
I mean, I watched this with the same kind of
horror and destination that most people do, I guess, but
you know, I think it looks like they are actually
going to both go to the polls and it really
will be a very very tough thing for anybody to
walk into a voting booth and have to pull one
of those leaders.

Speaker 4 (01:01:16):
Yeah, I've changed my opinion, David, I reckon he's going.
What about you?

Speaker 17 (01:01:20):
I actually think he will go. You have to keep
defending him and saying, of course he won't go right
up until the second a different decisions made. But what
I see is how can they change the channel from this.
It's such a big thing that making some jobs announcement
won't do it. Trump being Trump probably won't do it.

(01:01:43):
So they can have weeks or months of people looking
and every time he stumbles, it's going to be made
to news. So I think in a week or so,
as the poles come in and they're looking pretty dismal,
he will go.

Speaker 4 (01:01:59):
As Yeah, and also rob because he has got no
room for error. Right if he makes even one mistake
and it's like months that he has to get through
one mistake, that looks like he's going scene that's it.

Speaker 11 (01:02:13):
Yeah, Look he's sitting in a very exposed position. He
can afford to lose too many more rounds. But you know,
I have an abiding belief in the overwhelming and continuing
stupidity of a lot of electoral systems. Way beyond when
you think they should be able to do better than
they do, they go on and I think this is
an example of one that could well do.

Speaker 4 (01:02:34):
David, you a rugby fan, Oh of course, Okay, do
you think it was the right called put demo in
over body?

Speaker 13 (01:02:44):
I do think that is.

Speaker 17 (01:02:45):
I think so Jake touched on that lot. If you
do go off and play club rugby in Japan, you're
not going to be at the same level as when
you've been playing Super rugby.

Speaker 1 (01:02:57):
Nues.

Speaker 17 (01:02:58):
I think he'll actually still play. I think they won't
bring them on as an impact player, but I actually
think you do want those incentive there for people to
be playing New Zell and super rugby. It's not to
punish them. If they go off and do club rug
be great on them, but you need to make sure
they're on the platform.

Speaker 4 (01:03:16):
Yeah what about you, Rob, what do you reckon?

Speaker 17 (01:03:19):
Yeah?

Speaker 11 (01:03:20):
Look, I'm a was a bit disappointed when the all
black teams are read out and my name's not in there,
but I've gradually got used to that over the years.
So honestly, whoever raised a pick a back on it's
the exact opposite for me to like if we when
we appoint a cabinet, I just regard there as an
opportunity to get stuck into a new group of people.
But when when when you point the all black team,

(01:03:42):
I couldn't really care if Raiser a point of the
entire Crusader's team is the all black so I'd still
support them. I wouldn't be happy, but I'd be there.

Speaker 3 (01:03:49):
Oh.

Speaker 6 (01:03:50):
I love that.

Speaker 4 (01:03:50):
I love that blind faith in them. That's awesome. Hey, guys,
thank you so much. David Barrow and Rob Rob Campbell.
I huddle this evening seven away from six on.

Speaker 1 (01:03:58):
Your smart speaker, on the and in your car on
your drive home.

Speaker 2 (01:04:02):
Heather Duplicy Alan Drive with one New Zealand one Giant
Leap for Business News Talk seb Be.

Speaker 4 (01:04:10):
Senator Fatima Payment, as I was telling you before, has
quit the Labor Party. She's in the Senate there. This
is her announcing her resignation publicly.

Speaker 20 (01:04:18):
Witnessing our government's indifference to the greatest injustice of our times.
Makes me question the direction the party is taking.

Speaker 1 (01:04:28):
With a heavy heart but.

Speaker 20 (01:04:29):
A clear conscience, I announced my resignation from the Australian
Labor Party.

Speaker 4 (01:04:35):
She says she made the decision to quit after Elbow
gave her an ultimatum.

Speaker 20 (01:04:39):
I respect the Prime Minister as the leader of this
nation and he's got important decisions to make. It was
a stern but a fair conversation, just like how I
characterized the previous one in saying that it was you know,
I don't know what I was going into in terms
of not having a sport person, but nonetheless it was

(01:05:02):
a conversation that needed to be had.

Speaker 4 (01:05:05):
She says she's not going to join the Greens, but
obviously she is if she's talking about needing a support person,
fat Fatima, come on, you're a strong lady. You didn't
need a support person with you hither. I've made a
few thousand dollars of crypto and I never knew you
had to pay tax on it. Ben, will you better
listen to the next interview because then you find out
all about and how much trouble you can get into
if you don't pay tax. Going to talk to Bruce Binaki,

(01:05:26):
tax partner at Densington. Let me get this right. Denton's
Kensington swan. Who's going to be with us after the
news because ID is cracking down on this stuff. Also
Sam Dickey, it's going to talk us through what's going
on in the equity markets at the moment around the world.
Is that are still breaking records and hitting new all
time highs. Obviously you don't need me to spell out
to you that there is some risk if you're an investor.

(01:05:48):
So Sam DICKI Official Funds will talk us through that.
After half past six, you know what's happening. In three
minutes and two minutes and forty six seconds, the polls
are opening in the UK for what is going to
be the most epic drubbing. Inde Brady is with us
just about quarters to six on MATH or seven rather

(01:06:09):
repast quarter to six. Biden to stand by you, Stib.

Speaker 2 (01:06:30):
We're Business Insight the Business Hour. We're to nd A
duple c Allen and my Hr on newss B.

Speaker 4 (01:06:40):
Even in coming up in the next hour. I told
you before ASB has joined the call for OCR cuts
this year. How good is that? Liam dan on that
shortly Sam Dickey on the equity markets around the world
still going higher and higher, and inde Brady will talk
us through what he's expecting. Now that the polls in
the UK have been open for about eight minutes. Seven
past six, Inland Revenue has announced its honing in customers

(01:07:00):
who are dealing in crypto but not declaring the income
on the tax returns. Now, Inland Revenue reckons there maybe
two hundred and twenty seven thousand unique crypto asset users
in New Zealand and they are undertaking around seven million
transactions with the value of seven point eight billion dollars.
Bruce Binaki is a tax partner at Denton's Kensington Swan
and with us.

Speaker 1 (01:07:19):
Hey Bruce at eightning.

Speaker 4 (01:07:21):
He that's a lot of money. Do you reckon that's
on the money?

Speaker 17 (01:07:24):
Oh?

Speaker 6 (01:07:24):
Look, I do trust it the ID. They've got access
to a lot of information these days. And certainly and
totally when you talk to people out there are no
plenty of people who are holding some crypto assets, so
not surprised at all.

Speaker 4 (01:07:35):
How much tax would they get? Do you think this
is the IID?

Speaker 6 (01:07:40):
Ah? Look, that is very hard to say, but I
think there's there's millions, possibly even tens of millions. At
stay here. You only have to look at how high
some of the crypto asset prices have gone. You know,
you've got bitcoin currently trading at US fifty eight thousand
dollars and just four years ago it was nine thousand dollars.
So there are some people who've been doing very well
out of all this crypto trading.

Speaker 4 (01:08:00):
Someone called Ben text me before says he's made thousands
of bucks off crypto. Didn't even realize he had to
pay tax, is it? I mean, can you get away
with pleading ignorance?

Speaker 6 (01:08:10):
You probably can't get away with it. No, but I
have a lot of sympathy for that position. And when
we fabviously don't have a capital gains tax in New Zealand,
and people probably think with crypto it's kind of like,
you know, you buy some shares and you sell them
a few years later and make a gain and don't
pay tax on it. The problem with crypto is, and
indeed with any asset, if you're a trader in the

(01:08:31):
asset or you buy it with an intention of resale,
any game you make, it's not a capital gating that's taxable.
And there's so much trading with crypto and cryptos not
like like a share where you can earn a dividend
return of it. So iod's view is that any gains
on trading crypto is taxable.

Speaker 4 (01:08:47):
Do you believe them when they say that that, I mean, well,
they say they know that there are two hundred and
twenty seven thousand possible people or unique crypto ASSEID users.
Do you believe that they know who those people are?

Speaker 6 (01:09:00):
Yeah, I do believe, and I do believe that the
I've got some very good information targeted because they have
they have great data mining tools these days, Heather, and
they are the most powerful organization pretty much in the country.
They're information gathering powers, you know, extend beyond those of
the police, and they can request information from banks, and

(01:09:23):
they've entered into international information exchange arrangements with other countries
to get information off crypto exchanges operating around the world. Now,
that doesn't all can until twenty twenty six and twenty
twenty seven, but trust me, hither I've got information.

Speaker 3 (01:09:40):
Right.

Speaker 4 (01:09:40):
So, if you're one of the people who got a
letter from them late last year telling them that they're
a high risk customer and they need to sort it out,
you shouldn't take around. You should sort it.

Speaker 6 (01:09:48):
Out absolutely, and they've sent out another wave of letters
just in the past work or so, so if you're
getting those letters, I'd be very concerned and I'd be
getting some advice.

Speaker 7 (01:09:57):
Yeah.

Speaker 4 (01:09:58):
Absolutely, Bruce Hay, thank you very much, really really fascinating stuff.
That's Bruce Spinaki, tax partner at Denton's Kensington Swan Heather.
Here's a reason not to ban the sun beds here
that you can get the vitamin D absolutely from a
sunbed people with psoriasis like myself. For us, it can
be a godsend, especially at this time of the year
when it's likely to flare up. Most people know everything

(01:10:19):
is in moderation, so let everyone just make their own
decisions and then a massive ffs at the end of that.
Fair enough. Here, the people are missing the fact now
this text is basically the very like this is. I've
been trying to articulate this, but I have been unable
to articulate this for about four days. So thank you
Kerry for basically articulating it. Here, the people are missing
the fact that the Dems keeping Biden is just reinforcing

(01:10:42):
the idea that the institution is operated from behind the scenes,
as in the Swamp. This is feeding Trump's campaign. Biden
needs to go, thank you. It's exactly what I've been
trying to say, just obviously haven't been unable to. This
is the very kind of nonsense that caused people in
the first place to vote for Trump, right because they
look at the political system and they will be there.

(01:11:03):
Heaps people you look at the look at the EPSOST
monitor polling on this. Heaps the people in New Zealand
who look at the political system and they go, I
don't trust those people running politics. I don't trust them.
They're shady, something's up. They just feel like the whole
thing is rigged and dishonest. And so as a result
in the States, what they've done is they've gone and
voted for Trump because Trump, at least you know he's lying,

(01:11:25):
like he's so dumb he can't even hide it. You
know the guy is lying, you can see him lying.
But you prefer the guy who's lying to the guy
who pretends that he's not lying, which was Hillary Clinton
back in twenty sixteen. Anyway, So what the Democrats are
doing right now is reinforcing that message to Trump voters
you cannot trust the political class because even when the
guy is clearly having a moment in front of you

(01:11:47):
and clearly going senile. They'll tell you, they'll tell you
it's not happening, and they'll keep them in there, and
so you know absolutely this is this just feeds the
Trump thing, and it feeds that sentiment, and it feeds
the anti establishment thing thing. Thank you carry six thirteen.

Speaker 2 (01:12:02):
Crunching the numbers and getting the results. It's Heather Duplicy
Allen with the Business Hours thanks to my HR, the
HR platform for SME on us talks EDB everything from
SMEs to the big corporates. The Business Hour with Heather
Duplicy Allen and my HR the HR platform for SME
used talks EDB.

Speaker 4 (01:12:23):
It's a bit of a warning from the Deputy Secretary
of Trade that the golden era of trade is over
and we need to start as a country pushing harder
to diversify our trading partners, which I think is probably
not news to us and definitely needs to be heard.
So we'll talk to Jamie McKay about that shortly. Right now,
it's sixteen past six, Lim Dan, the Herald's business editor
at Largest with me.

Speaker 6 (01:12:41):
Alien good, Heather, how good is this?

Speaker 4 (01:12:43):
ASP has come around? To the party, it's going to
be November.

Speaker 6 (01:12:47):
Well, yeah, swinging back that way, isn't it. I mean,
if you remember, we kind of started the year out
that way and then it all got a bit more
hawkish and negative, and you know, the Reserve Bank pushing
out their forecast to August Ustember next year, and the
banks followed d and zed said, oh, maybe I'd have
to hike again.

Speaker 3 (01:13:05):
But no.

Speaker 6 (01:13:06):
Yeah, so asb joins Kiwibank with a November call for
the rate cuts, and the markets, I should say, who
absolutely have a full fully priced in a November cut,
and in fact, the markets which always get ahead themselves,
putting in a thirty percent chance of a cap in
August in a sixty five percent chance of cat in October.
Probably a bit over enthusiastic, but yeah, you can see

(01:13:28):
the pressure building on the Reserve Bank to try and
hold the line, especially with them making another monetary policy
review next week.

Speaker 4 (01:13:36):
Does this make things more difficult for them in terms
of us believing them if they say they're going to
put the rates up or they're going to hold it
all the way through to what were they calling us
on the end of last the end of next year.
I mean, nobody's going to believe that now.

Speaker 6 (01:13:50):
Right, Yeah, well it does seem like nobody believes that.
But and they've even tried to sort of explain that
it's a it's a sort of a technical projection, not
not a sort of a forecast or prediction. But yeah,
it does make it tough. I mean, they don't they can't.
It is a bit of a game, but they can't
give an inch because the markets are just so enthusiastic

(01:14:11):
and it moves it and then the interest rates come
down and they don't do the job, and then you
actually don't achieve what you were trying to achieve, which
is getting out inflation out, which is still you know,
it's worth pointing out, you know, a risk. Even a
m Z now is saying, look, they've got February Pensyildan
and most of the other economists have February pensild in.
But am z's saying the risk is now towards November.

(01:14:33):
That's because it looks like the economy's tanking faster, which is,
you know, weird to say good news about, but you
know that we had a business at the nz a
IE Business Survey last week. It was really grim and
that sort of I think that's what's changed ASP's mind.
You know, when it goes, it can go really fast,
so we could see that all that sticky, non tradable

(01:14:55):
stuff come out quite fast as wages come down an
unemployment righte that's the feeling that the economy's got so
so grim that it's going to move quickly from here.
But we still don't know for sure, and you know,
to be fear of the Reserve Bank, they can't sort
of make calls based on what might happen. They have
to see more evidence, and we have got a whole

(01:15:16):
lot of data coming out in the next couple of
weeks which will be helpful, but they don't get to
see that before before next Wednesday.

Speaker 5 (01:15:23):
Unfortunately.

Speaker 4 (01:15:24):
Interesting. Hey, thank you very much, Liam, appreciate it. Liam Dan,
The Herald's Business editor at large, Heather of the Eye
idea useless. I've been retired for four years now, Lucky you.
Yesterday I got an email from them saying congratulations on
your retirement. The left hand doesn't know what the right
hand is doing. Well done. New Zealand's the news him
bubwere now on how hard things are right out there
at the moment, which is this is the kind of

(01:15:46):
stuff that's going to be factoring into the decision on
the OCR well kind of peripherally. Apparently it is now
harder to be in retail than maybe even the nineteen
eighty seven share market crash, if not like periods back
in the seventies, Like forget any comparison to the GFC.
What the retailers are experiencing right now is far worse

(01:16:09):
than the GFC, far worse than anything in the nineties.
We are back to the eighties or the seventies here.
There was some data that's released from Worldline yesterday which
showed that June was especially quiet for retailers. June is
always quiet for retailers because it's winter and everybody feels
depressed and stuff, but it was really quiet, and it
actually gone backwards, even though we have more people coming

(01:16:30):
into the country in a higher population, so you would
expect at the very least that there'll be like a
little bit of an increase, not at all. On an
annual running total basis, spending is down eight point five
percent from the most recent peak. If that continues at
that level throughout the rest of the year, which frankly
is being called optimistic, the decline from the peak should

(01:16:51):
come in at nine point nine percent. Okay, that's what
we're experiencing at the moment. That compares to a decline
of ten percent between March nineteen seventy seven and September
nineteen seventy eight, and another decline between June nineteen eighty
seven and December nineteen ninety one of ten point one percent.

(01:17:11):
That's how bad it is. Six twenty The Rural Report.

Speaker 2 (01:17:15):
On the Heather dupers Elan Drive with Ann's Kofoods, New
Zealand's famous beef and lamb.

Speaker 4 (01:17:21):
Jamie mackay Hosts of the Countries with Us. Hello Jamie,
Hello Heather.

Speaker 6 (01:17:26):
Sorry, I'm on two conversations. I need to concentrate on you.

Speaker 4 (01:17:29):
Who are you chatting with?

Speaker 6 (01:17:31):
Am I wife?

Speaker 4 (01:17:31):
I not fair enough? She generally, I mean I can
understand that generally, she would take precedence over literally everybody
except I normally don't.

Speaker 6 (01:17:37):
I normally do mostly listening. She does most of the talking.
But I was talking.

Speaker 1 (01:17:43):
Oh I bit.

Speaker 4 (01:17:44):
She appreciated that comment a lot. Hey, it's a bit
gloomy to think the golden era of trade is over,
but I mean that's probably realistic.

Speaker 1 (01:17:51):
Isn't it?

Speaker 6 (01:17:52):
Well, in some ways it is. And this was the
statement made by Vangalis Patalas what a great name. He
sounds like an Argentina Argentina and tennis player from the seventies,
doesn't he like Cavita Scarelitis and guilmero Velis. I'm getting
way off track. Sorry, they're heather. Yeah. Like he said,
we went through a primary export boom between ninety five

(01:18:14):
and twenty seventeen, and he said since then, things have
got a lot harder. And he used the example of
superpowers like the US and China, who are basically making
up the rules to suit themselves, and we the smaller
and medium states like New Zealand aren't increasingly becoming collateral damage.
And we might need to get used to that either,
because if Trump gets the White House, he is rather

(01:18:37):
insular when it comes to trade, he said New Zealand.
This was his address to the Primary Industry summit yesterday morning.
He said New Zealand couldn't afford to rest on its laurels,
especially if we want to reach the goal the government's
current goal of doubling the value of exports in the
next decade. At the moment, New Zealand's all about China

(01:18:59):
the twenty three percent of our total exports. But you
know he made the point, we also have the cp
t PP. I hope I got enough peas in there,
the Comprehensive and Progressive Agreement for Transpecific Partnership, and that
actually takes twenty seven percent of our trade. And then
he said, if you throw in the Assian Nations Association

(01:19:22):
of South East Asian Nations, that's the very that's the
growing market of Indonesia, Vietnam, Philippines and Malaysia. That's you know,
potentially and this is what a lot of people are
telling me. That is where our future lie. Southeast Asia.

Speaker 4 (01:19:36):
Yeah, I mean that probably is actually right. And you
just got to got cobble hole bunch of those all
small ones together and you get the big one altogether.
Like you kind of you get enough to be a
big one. On those awards that you were at on Tuesday,
I think you predicted, if I remember correctly, that Julian
Rayler was going to win, didn't you.

Speaker 18 (01:19:51):
Well, no, I didn't.

Speaker 6 (01:19:52):
I mean Julian along with myself was a finalist, and
I thought Vans fatalist would win because I let's be honest,
he did negotiate a free trade agreement with the UK
and the EU. But I was really pleased that Julian
Rain wanted He absolutely deserves it. He's been around forever,

(01:20:13):
even longer than me, and he's been into like dairy
and horticulture. He's a real entrepreneur. He's been the president
of Horticulture in New Zealand. He was one of the
instigators of the y Mere Dam project, which is transforming
that region in New Zealand, and he was a bit
I only found this out on the night he was
about when they set up son Terra in two thousand

(01:20:34):
and one. So look, he's had a finger and a
lot of pies. He's a real entrepreneur. He's got his
own ice cream and milk brands, and he's just a quiet,
humble man, very very clever bloke. And at the peak
of the season, I think he employs five or six
hundred people. So I was really pleased from absolutely deserved.

Speaker 4 (01:20:52):
Did Todd Chasteris of Rubbobank come and tell you off
for your outfit?

Speaker 6 (01:20:57):
Yeah yeah, I was just I was making my way
to get my first drink for the evening and he
comes up and says, where'shkai? I said, well, what does
it worry you? He said, Oh, here, there's been chipping
away at you on ZDB for not wearing a tie.

Speaker 4 (01:21:10):
Good good man.

Speaker 6 (01:21:11):
Here that if I honestly thought I even had half
a snuff of the big Gong, oh you would have
put on a tie. So really it was just me
protecting myself.

Speaker 4 (01:21:21):
Oh, fair enough, Jamie. Look everybody's allowed a little bit
of self protection. Good on you, Jamie. Jamie mckaie, host
of the Country, got on Todd charteris of rubber Bank
being a man.

Speaker 7 (01:21:28):
Of his word.

Speaker 4 (01:21:29):
Hey, got a little bit of bad news for you
if you like your bluff. Oysters. Seasons ending early for
some harvesters this year because they've got the bad weather
and they've got a it's a bad year for the
parasite down the you know, the one that MUCKs around
with the oysters. They reckon that in the last for
one of them said, in the last four months they've
only fished forty two percent of the days because of weather,
and in some cases they've had no boats out there

(01:21:50):
for like ten days in a row. So that's tough
for them and tough for the lovers. Of the Oyster headlines.

Speaker 2 (01:21:56):
Next, if it's to do with money, it matters to you.
The Business Hour with Heather Duplicy Allen and my HR,
the HR platform for SME us talk.

Speaker 1 (01:22:08):
Sa'd be.

Speaker 4 (01:22:24):
Right end of Brady's going to be with us shortly,
the Sun group of Murdock's tabloid has endorsed Labor for
the first time in almost two decades, which is massive.
They're calling for a new manager basically obviously being Keir
Starmer Andande Brady will talk us through it. Shortly. I'm
going to play you the first recording ever of the
human voice, like a couple of hundred years old, so

(01:22:45):
to stand by for that and just to take got
to talk you through what's going on with the deportations.
Right as far as I can tell, we've got our
first first case of Ozzie deporting someone who they were
going to keep this year because remember how they went soft,
Remember when just Sinda went over there, natachat elbow and
then Alboy's okay, okay, fine, yeah, yeah, the ones that
we raised ourselves will keep direction ninety nine, let's keep them.

(01:23:05):
And then that blew up like it always was gonna
and then they replaced it with Direction one ten, which
means now we're just going to get all of the
dregs again. First case of this now happening. It's a
criminal with thirty five convictions, all of them against female victims.
The guy's name is Glenn Taylor. He was going to
be spared right, so Direction ninety nine did spare him.

(01:23:28):
He went before the court in Febran and they were like, no,
you can stay, and now he's going to be sent here.
He was born in New Zealand, but he's lived in
Australia since he was four years old. He has a
history of domestic violence, of stalking of Harissman and of
assaulting at least two police officers. The reason they're going
to send him our way is because he has an
unacceptable risk to the community and is likely to reoffend.

(01:23:51):
Yeay twenty three away from seven.

Speaker 1 (01:23:52):
Heather duper Cela.

Speaker 4 (01:23:54):
Most equity markets around the world continue to break all
new high, all time highs. You don't need me to
tell you obviously that there are risks attached to that.
To talk us through those risks, Sam Dickey Official Funds
is with us. Hey, Sam, let's start with why these
what the markets are first, what markets are the ones
that are hitting the all time highs?

Speaker 17 (01:24:12):
Yes, well, overall global equities that are making new lifetime
highs almost every day, and we're up another twelve cent
this year, and that's again been driven by the US,
but Japan, Europe and I was a year all sitting
kind of right near those all time highs and why
is this happening?

Speaker 21 (01:24:27):
It does remind us how far we've come. So we're
back to the lows of October twenty twenty two, and
back then, we know global inflation was right near its
forty year peak of ten percent in markets, we're expecting
an eminent recession globally and then fashion it's fall and
sharply as we know, and global economic growth has been
much more a vice for robust and expected and that's
driven a fifty one percent rally from that low point

(01:24:50):
in October twenty twenty two.

Speaker 4 (01:24:52):
Now, obviously, Sam, if you're whenever you hear that markets
are heading all time highs and breaking records and stuff
like that, you should know there is risk, right, So
what are the key risks that investors are focused on
right now?

Speaker 17 (01:25:04):
That's right, there's always risk in investing and there's always
many things to worry about, but there are three things
in particular that investors are grappling with right now, and
the first one is decelerating global and especially US economic growth,
and I talked about this reason you get. A second
one is the return of animal spirits or height in
some pockets of the market.

Speaker 21 (01:25:23):
And the third one is and as a result of
both of those two things I just mentioned, the global
stock market values once again being driven by a much
narrower subset of companies. So just to go through each
one of those really briefly, key comic growth drivers have
shifted from surprising positively for eighteen months as uninterrupted is
now surprising negatively. And as a result of that twenty

(01:25:45):
twenty four US GDP growth you know I've been talking
about for months, there has been getting upgraded, is now
getting trimmed by economists for the first time in a while,
and that's driven a sharp underperformance of economic sensitive stocks
like transport and housing related companies in the US. On
the you can thing, we are seeing the return of
animal spirits, so mean stocks are on the move. We've
talked about that one game stop at AMC up hundreds

(01:26:06):
of percent and there's lots of hot money in AI stocks.
And the third thing is because of those two factors
of the stock market rally, you and I talked about
being much healthier and much broader in Q one after
that March quarter is now quite narrow. And to give
you an example of that, while the broad use of
stock market is up sixteen percent this year, almost half
of those stocks in that index are actually negative on

(01:26:28):
the year, and we know that it's been driven by
a few loz tech companies. And that tells us that
the average stock is not as healthy as the headline
stock market index.

Speaker 11 (01:26:37):
What have you believe?

Speaker 4 (01:26:38):
So what does all of this mean for investors?

Speaker 17 (01:26:42):
There are always risks, like you said here, and we've
had a fifty cent rally in twenty odds, so investors
should not be surprised that that comes for evaluations and
more exuberance. But the good news is central banks are
in a very different position now than they have been
at most times in our ten or fifteen years. They
have significant firepower pushing any economic growth the apoput or

(01:27:04):
other risk, and that is quite different to that two
thousand and nine to twenty and sixteen period.

Speaker 21 (01:27:08):
In twenty twenty one when Central banks had already set
benchmark rates to zero and had less amotor cut rates
and cushing a blow.

Speaker 17 (01:27:16):
So that's the first bit of good news. The other
bit of good news, to opposite these risks means that
outside of that narrow subset of companies we've talked about
the driving these markets, there are more attractive valuations on offer.

Speaker 4 (01:27:28):
Well, that's something I suppose Sam, Thank you very much
as always, really appreciate you expertise that, Sam Dickey, I
Fisher Funds right. Okay, before I get before i get
to the human voice recording, which I'm going to do
in a minute, got to just quickly talk about Wellington
because it's been a while. So Wellington the City Council
does a survey down there, but most city councils will
just councils will do a survey about satisfaction levels and

(01:27:49):
stuff like that. So we've got the latest one. The
numbers are not good. It was surprised, absolutely no one
for the council. A record low of fifty percent of
people feel a sense of pride in how Wellington looks
and feels. It's never been that low. Back in twenty
nineteen it was eighty four percent. It's now at fifty percent.

(01:28:10):
Back in twenty nineteen, eighty percent of people thought Wellington
was lively and attractive. It's now thirty seven percent. Another
record low of people their perceptions of safety around the
city at night. It was seventy one percent in twenty nineteen.
I think, I think that's them feeling safe, but the
way that it's written, it's kind of unclear, but I

(01:28:32):
think seventy one percent were like, yep, sweet seventy one
percent and twenty nineteen sweet at night now it's forty
three percent. Perceptions of safety during the day have remained
relatively high, sitting around eighty six to ninety percent. So
it's just at night that people feel uncomfortable, not happy
at all with Wellington City Council's performance itself. It's fallen
to twenty nine percent. It's always been low. It was

(01:28:55):
like thirty three percent last time around, and the main
reason for the dissatisfaction is because the council just doesn't
listen to residents. Stormwater infrastructure satisfaction is at thirty five percent.
Back in twenty sixteen it was sixty eight percent, so
that has come back big time because they're not putting
enough money in and the pipes are bursting everywhere. Good
news for Wellington is that people have high satisfaction of culture, events,

(01:29:17):
facilities and transport. And you have to say Wellington's bus
system in particularly. I don't know what it's like now.
I haven't lived there for some time, but when I
was there it was awesome. I remember jumping on one
time and I was sitting next to Michael Cullen and
I was like, oh, yeah, we're all just sitting on
the bus together. This is very, very normal. And of
course they've got great cultural events and great facilities and
stuff like that, so at least they're keeping the score
up on that. I suppose here we go listen to this.

(01:29:39):
I don't want to get you, don't get too excited.
You'll understand why in a tick. But this is the
oldest known recording of a human voice, right, this is
out today. We thought for a really long time that
Thomas Edison was the first to record the human voice
on his phonograph, but actually we were wrong. It was
actually a Frenchman named Edward lane On Scott de Martinville

(01:30:01):
who actually invented what is called a phonotograph in eighteen
fifty seven, and he did this twenty years before Thomas
Edison managed to record the human voice eighteen fifty seven. Like,
that's pretty remarkable. That's coming up a couple hundred years ago,
right anyhow, And anyway, the thing is they I don't

(01:30:22):
think that they could play it back at the time
because if they did, they would be disappointed with themselves.
So somehow some people managed to play it back in
the UK. They figured out how to get this thing
going and this is the first known recording of the
human voice. Imagine being the bit the researcher who went

(01:30:51):
to the BBC with that. No, it sounds like do
you know we when you were a kidding you made
it zoom with the tooth space tube and you're mo
meant to wash it down and then you put a
bit of plastic in there.

Speaker 1 (01:31:05):
That's what that sounds like.

Speaker 17 (01:31:07):
Mate.

Speaker 4 (01:31:08):
Had they played that back, they've given up now, don't
worry about it. It's rubbish, isn't it. Sixteen away from seven.

Speaker 2 (01:31:15):
Crunching the numbers and getting the results. It's Heather Dupice
Hellen with the Business Hours thanks to my HR the
HL platform for SME on News Talk.

Speaker 4 (01:31:24):
CB Indebrady Are UK correspondence with US INDO.

Speaker 7 (01:31:27):
Hello, Helloa, Heyory, say it is here?

Speaker 4 (01:31:31):
What's it?

Speaker 3 (01:31:32):
I'm on my way, I'm on my way. It's a
glorious morning here. The sun is shining.

Speaker 22 (01:31:36):
It's the best day we've had in ages and it's
really important that there is good weather because that will increase.

Speaker 3 (01:31:42):
Turnout, which hovers about forty percent. Can you believe it?

Speaker 22 (01:31:46):
Six out of ten people in the UK don't normally volte.
Let's see if that changes today.

Speaker 4 (01:31:51):
Yeah, jeez, I mean honestly, that is really really low,
especially given the stakes at the moment. Listen, So are
we are we absolutely sure? How how sure are we
we can believe the poll's, given the history with Poles,
that LIBE is going to get the biggest majority since
eighteen thirty six.

Speaker 3 (01:32:05):
I think something's going to be very, very wrong.

Speaker 22 (01:32:08):
If these polls, and they have been about twenty five
of them now at this stage, and poll after poll,
they're all pointing in one direction, and.

Speaker 3 (01:32:16):
It's getting worse for the Conservatives.

Speaker 22 (01:32:18):
I mean the latest one, the final one, is giving
Labor not just the supermajority, the biggest majority any political
party will have had in this country since eighteen thirty six.
That was what the poll before we went to bed
last night said. So that will put Labor on four
hundred and thirty two seats. If it's correct, it would

(01:32:39):
reduce the Conservative Party to a rump of one hundred
and two. That's three times smaller than what they've been
for the last five years. And basically Keer Starmer could
do whatever he wants. That's the Conservative argument is to
stop this super majority, as they're calling it. So look,
we'll see what happens. It's a huge day ahead. They've

(01:32:59):
been voting now for forty eight minutes.

Speaker 4 (01:33:02):
Do you reckon Rishie's going to hold onto his seat.

Speaker 3 (01:33:05):
I don't think he is.

Speaker 22 (01:33:07):
I've heard whispers that privately he's been telling very close
friends that he fears he's going to lose his seat.
I thought it was really interesting where he ended up
last night, in the last hours of campaigning, he went
back to Southampton where he grew up, and he was
knocking on neighbors doors. I think after six weeks of
probably not having doors opened to him or not been
made very welcome in some places, and a campaign that

(01:33:29):
has lurched from problem to disaster to catastrophe, a lot
of it his own making. His critics would say, especially
the D Day decision to pay out at halftime. I
thought it was really interesting that he went back home
to somewhere where at least people might remember him with
fun memories. So I think he may well lose his seat.
There are sixteen cabinet members predicted to lose their seats

(01:33:52):
if these poles of poles are correct.

Speaker 4 (01:33:55):
Now is the reason that Boris Johnson didn't shake Rishie's head.
He hides in that much.

Speaker 3 (01:34:02):
Yes, in a nutshell.

Speaker 22 (01:34:03):
So we were told at the very outset that Johnson
would be a massive campaign asset, and he is in
much the same way as when the circus comes to town,
everyone sticks their head out of the door and goes, oh, look, wow,
the clowns are in. Johnson, you know, really divides people.
He's a very very divisive man. Some people feel that
he has it in him to come back and be

(01:34:24):
a leader again. He certainly thinks so. He certainly blamed
Suonac for his demise. My understanding is that in the
two years that almost that sun Ak has been Prime Minister,
there have been the sum total of two text messages
exchanged between them, one of which came the other night
from soon Ac to Johnson asking him if he would

(01:34:44):
come to this campaign event and would he speak, And
Johnson turned up and he did not shake Suonac's hand.

Speaker 3 (01:34:51):
So you see it all the time.

Speaker 22 (01:34:52):
Politicians all over the world welcome my friend to the stage.
They shake hands, they embrace, there's a hug, maybe a
kiss if it's a lady. Johnson did not shake Sunak's hand.
The other night he spoke and ranted mostly about not
giving what he called starmergeddon. This is the phrase that
Johnson has caught coin that if there is a super

(01:35:13):
majority for labor and here starmer it will be starmergeddon.
So it wasn't much an endorsement of Sunak. It was
more about let's stop labor. So look, fascinating times. I'm
going to be working straight through now for probably the
next three days without sleep.

Speaker 3 (01:35:27):
So have a lovely weekend.

Speaker 4 (01:35:29):
Make sure you get your votion. Though in THEO you
are going to put that in.

Speaker 22 (01:35:34):
I'm on my right now, I'm going to go for
a little jog. I'm going to jog down there. You've
got to bring photo ID. Yeah, you've just reminded me.
It's a new thing here. Normally you turn up and
they go, oh you're missus Smith, and you we know you,
and you live on that road and we take your
name off the street.

Speaker 3 (01:35:47):
Whatever.

Speaker 22 (01:35:49):
The whole new system as of forty nine minutes ago,
you got to bring voter ID. So I'm going to
go put a driver's license.

Speaker 3 (01:35:56):
In my pocket.

Speaker 4 (01:35:57):
Good stuff. I've done a little civic duty into Thank
you very much, and enjoy the next three days without sleep.
That's Inder Brady, our UK correspondent. Hither, I'm glad you're
finding finally pointing out that the GFC has got absolutely
nothing to do with the current situation, because economists only
quote the GFC given they have not lived through any
other times. The seventies recessions were far more comparable to
today's economy. Thank you here the back in the seventies

(01:36:20):
and eighties, Wellington was a beautiful city. You could walk anywhere,
Ray bang On. I wasn't there, but I would believe
that I just certainly less more of a beautiful city
than it is now. And I've been told off for
laughing at that recording, and that's fair enough by Simon,
Because hither we stand on the shoulders of giants. And
without these first steps and technology, you wouldn't be talking
into a microphone and I wouldn't be listening, And frankly,
in about one hundred and eighty years, somebody might listen

(01:36:42):
to a recording of me and laugh hysterically and be like,
what were you doing? And that would be that would probably, frankly,
I'm surprised people aren't doing that right now, eight away
from seven.

Speaker 2 (01:36:53):
Whether it's macro microbe or just plain economics. It's all
on The Business Hour with Heather Duplicyl and my HR,
the HR platform for sm.

Speaker 7 (01:37:05):
Okay.

Speaker 4 (01:37:07):
So a thing has happened and Andy Andy is Andy's
in for Laura today because Laura's got a head cold.
Laura says to us Lauris, I said, Laura, I hope
you're okay. When I find out she was not at
work today, I said, hope you're okay, and I hope
you're gonna gonna survive. And she said, I've just got
a very bad head cold, but I'll be back tomorrow.
And I was like, Okay, that's a Joe Biden type thing,

(01:37:28):
isn't it got a head cold, but I'll be back
tomorrow don't worry. So anyway, I don't think she's going
to be back tomorrow. And if she is back.

Speaker 16 (01:37:33):
Tomorrow, I mean Laura was away overseas, like you know,
just a few months ago. She's probably yet.

Speaker 4 (01:37:39):
Yeah, no, this is a good point. Actually, I shouldn't
be so so tough on her. And everybody has a
bad day. But if she is back tomorrow, we're gonna
ask you some questions about that head cold and also
what magic pills she's taken that got her over that.
But anyway, Andy is in at the moment. And Andy
actually his expertise is in sport, and he pointed out
to me today that we have some new nomenclature going

(01:38:00):
on in the All Blacks at the moment, which is
that we've got the we've got the front bench. We've
got we've got the ones who start. We've got the
old there you go, you are, you are the a
squad off you go. You know, Damien McKenzie and Stephen
Perafetta and you know Scott Barrett, et cetera. Whatever. And
then the people who we would normally have called the
c listers who sit on the bench are now called
impact players. This is to make them feel better. This

(01:38:22):
is a very NCEEA approach to things to make them
feel better about the fact that they're not in the
a squad. Anyway, I just wanted to point that out
to you. I just wanted to point that out to
you because if you are still referring to them as
the bench, please, they're not the bench. They are the
impact players.

Speaker 16 (01:38:38):
And oh that one goes back at way, way a
long time ago, Heather, because when I was playing football
at the age of fourteen, my dad told me that
I was an impact player and that's why I was
always studying on the bench before my team. Uh na, na, hey, hey,
kiss him goodbye to play us out tonight by Steam. Now, look,
we didn't expect brick set to happen, did we. That
was supposed to not happen, and then it did. We
didn't expect Trump to happen right in twenty sixteen the

(01:39:01):
first time that was Are you saying Rishi's back, Well,
I'm just saying that I may have egg on my
face for playing this now tomorrow after some sort of
unexpected turn around, but I rather think I won't, and
I think that there will be lots of British radio
stations and people calling into radio stations over the next
twenty four hours playing this very song and dedicating it
to Rishie soon ate all the best for his next ends.

Speaker 4 (01:39:20):
Jeez, honestly, Rushie though, ah, like what a useless politician.
I mean if Keir Starmer, who is basically a human
version of cardboard because he's that boring, is able to
beat you, I.

Speaker 16 (01:39:31):
Mean, I don't remember Tony Blair. Was he terribly exciting?

Speaker 1 (01:39:33):
Holy are you mad?

Speaker 16 (01:39:35):
Yes, Okay, there we go.

Speaker 4 (01:39:36):
Everybody loved him. Tony Blair was a phenomenon.

Speaker 16 (01:39:39):
And then it turned out all they need to do
was find a really boring I need.

Speaker 4 (01:39:42):
To find a cardboard cutout and say this person's alive.
And we went, oh, just like they do with Joe Biden. Anyway, Anyway,
that's the end of the Joe Biden jokes for now.
I've had a feast today on them. I really have
enjoy your evening.

Speaker 2 (01:40:04):
For more from Hither Duplessy Allen Drive, listen live to
News Talks at b from four pm weekdays, or follow
the podcast on iHeartRadio.

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