Full Show Podcast: 29 July 2024

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
Pressing the newswakers to get the real story. It's Andrew
Dickens on hither due to see allan drive with one
New Zealand. Let's get connected, new Stalk said B.

Speaker 2 (00:12):
It's good afternoon in New Zealand's It is seven after four.
It's Monday, the twenty ninth of July. I'm Andrew Dickens
here till seven today the opening arguments on the pokinghorn
cakes what the Crown alleges the ie doctor did to
his wife. Just after five later, the government's firearm prohibition
orders have been called too broad. They might criminalize innocent people.
And yes it's national who cracked down too heavily on

(00:34):
guns or did they? Chris Carhle from the Police Association
on gun lads at five ten and Nikola willis after six.
This is the week you get your text cut? Will
you notice? And in just a few moments time to
Wellington councilor who says speed bumps are deadly for emergency services.
His name's Ray Chhung. You can text me on ninety
two ninety two. You can email Met Dickens at Newstalk

(00:54):
set B dot co dot NZ. It is eight after four,
news Talk said b So today is day one of
the government's plan of military style academies to help kids
avoid a life of crime and violence, and ten kids
have been chosen from the youth justice system, or should
I say ten youths, let's say kids. I wish these

(01:15):
kids absolutely nothing but the best, and I give them
all the support I could give them and that they need,
and I pray that it works for them. But I
hope that these youths, these kids realize that they are
now the most privileged kids in the country, and I
hope they appreciate the opportunity, and I hope they make

(01:37):
the most of it, because we're about to spend in
one year, two hundred and nineteen thousand dollars on each
one of these ten kids. Now, that is an awful
lot of taxpayers money on a handful of kids. Let's
call it two million bucks. If we were to scale
this up to make a real difference in youth crime rates,

(01:58):
we'd bankrupt the country. Let's put it another way. If
the government gave you two hundred and nineteen thousand dollars
to educate and train your kids, I'm sure you would
produce some exceptional human beings. And think of the difference
that might make to our country. Or put it yet
another way, imagine this was Labour's plan and the Labour's

(02:20):
Children's Minister came on and she'd talk about the three
month full board academy where kids are forced to make
their beds, and then she'd talk about the nine months
of wrap around community care from Farno and friends. And
we'd say, what a load of nanny state won't come
by a crab, And then we'd ask the obvious question,
how many cops does two million dollars buy? And then

(02:41):
we might ask how much material difference two million dollars
worth of more cops would make on youth crime rates
as opposed to two million dollars spent on giving a
golden ticket to ten lucky boys. And let me repeat though,
don't get me wrong, I wish these boys all the best,
and I'm sure the idea will work. We already have

(03:03):
versions of these schemes in place. We actually already have
thousands more kids and juvenile care and attention. But that
not these kids with a separate two hundred and nineteen
grand in a custom built facility just out of PAMI
being lavished with retraining. So here are things I want
to know. I'd like to know who these ten boys are,

(03:24):
and I like to know how they became the boys
that they are, why they were chosen from the thousands
of the youth justice system. And then I want to
follow their progress very carefully, and I want an in
depth study of what happened to them after the course finishes.
I want to know how much crime they committed before
this year, and then I need to know how much
crime they commit after this year. Because at the end

(03:45):
of the day, for me, this is an experiment and
nothing more.

Speaker 3 (03:50):
Z me.

Speaker 2 (03:52):
So here's another question for you. Can we afford to
slow down emergency services with speed bumps that cities building everywhere?
So fire and emergency have already complained about them. And
now we have a Wellington councilor, Ray Hung, who says
they may have cost a man his life. So a
carry van collapsed. He died at home last week before

(04:14):
emergency services could get there. So Ray Chung is with me.

Speaker 4 (04:17):
Now, Hello, Ray, Hey, you good afternoon. Andrew?

Speaker 2 (04:20):
How are you good mate? What happened?

Speaker 4 (04:23):
Well last Monday morning, this gentleman's wife rang up, this
man came out of it, came out of the bathroom
near collapsed in the hallway, and so she didn't know
what to do, and so she rang her neighbors and said, look,
you know, he just collapsed, you know, can you please
come and help me. I don't know what to do.
And so the neighbors rushed over there saw that he

(04:44):
was it was collapsed and obviously in having problems, and
so she rang the ambulance. The ambulance said, okay, we'll
get two ambulances up there. We've got one and thorn Tea,
which may be a bit problematic because of course that's
what all the good works are. We've also got another
one in Johnsonville. But what I'll do is I'll also
ring the fire service, because the fire service are only

(05:05):
just down the road from you and Corori Road, so
they'll be there in four minutes and so it's fine.
So they did that. Then they went outside to wait
till the fire truck to come up. And I could
hear the signs, but it didn't seem to be moving,
and it was just the sign was going and going
and going, but it didn't seem to be progressing along.

(05:26):
Keep in mind, it only has to come down one
road and then finally arrived up there, and then the
fireman said, look, apologies for taking so long, but the
speed bumps in Cory Road so to sound because we
can't speed over them. We have to actually almost stop.
Your fire engine is really really heavy, and so we
almost have to stop before we go over each of them.

Speaker 2 (05:46):
And this was the problem that was expressed about Thorn
and Key and the debate about a week and a
half ago. But can you can you categorically say that
the man would have survived if the emergency services had
been there faster and not held up by the race,
but crossings.

Speaker 4 (06:02):
Can't categorically say them. But the there five people also
said that in emergencies like this, every second is important,
every second count. You've got to get there before they
hearn't stopped beatings.

Speaker 2 (06:15):
Okay, so how does it happen afterwards? How does this
make you feel about speed bumps?

Speaker 4 (06:19):
Then?

Speaker 2 (06:19):
I mean, they're put in to supposedly keep people safer
when you're on the roads, and they said that people
don't then lose their lives, but in this case they
possibly may have contributed someone losing their life. How do
you feel about speed bumps and raised pedestrian crossings?

Speaker 4 (06:36):
I've always been very concerned about the reason and the
justification for them, because I've had many meetings with counts
and I've talked to them about what is the point
of these raised pedestrian crossings, for example, And I said
that on they're actually therefore for making giving a sort
of heightened so that people can actually see children crossing
the road. And so I said, really is the reason

(06:57):
for it? So why don't we just put signs at
the front of each crossing or sat in talk people
will not allowed across. You know, it seems a very
strange reason to PA for that. So I'm also asked
about the speed bumps, and so I said, why are
you having these speed bumps immediately before a crossing? And
so they said, well, there's to slow the traffic down
as they approach the crossing. I said, but these crossings

(07:19):
are signalized so they can see they've got red lights
up there. So doesn't it make sense that when any
motors are approaching a red light or slow down or
are you saying that when I see here?

Speaker 2 (07:29):
Yeah, okay, right, I did. You've obviously thought about this,
but you obviously are also the guardian of the rate
payers cash so would you actually spend more rate payers
money getting rid of the blasted things because you don't
like why the.

Speaker 4 (07:42):
First of I do, I've actually spopp not one more
would go in? And so until we can actually prove
categorically that direction you're required, I mean, just driving across town,
I'm gonna going across so many of these things, and
I keep wondering, why are these ones here? Why is
this one here? Why is that one here?

Speaker 5 (07:57):
Yeah?

Speaker 2 (07:58):
Love your passion, Ray, and I thank you so much?
Right young he is a Wellington counselor And this is
news talks here, b what do you think? Ninety two
ninety two? That is the text number big debate across
the such ditch. Here's something for you to think about briefly,
because we've been a bit heavy so far. Where do
you store your tomato sauce? Do you store it in
the fridge or the pantry? Guess what? There's an age

(08:18):
difference in opinion. Gen Z's and millennials say the fridge,
but all baby Booters say the pantry or the cupboard.
Where do you sit? Where where do you put the
tomato sauce? Guess what? Someone has actually come up with
the definitive answer. Guess what we're going to tell you
with Oli Peterson round about four thirty five today here
on News Talks HEREB.

Speaker 6 (08:35):
Digging deeper into the day's headlines.

Speaker 1 (08:38):
It's hither duper c Allen drive with one New Zealand
one giant leap for business use Talks, it B.

Speaker 2 (08:44):
New Stalks it B. It is now four eighteen, Nickbilly's
on the way into a moment on sports the text
through ninety two. Andrew, Please, you said that about the
young youths. I agree with you. I don't think they
will know what gratitude is, but I would hope that
in three months they will and know so much more. Cheers, Jen,
thank you for listening.

Speaker 7 (08:58):
Jen.

Speaker 2 (08:59):
Four nine gee. Nick Bewley joins me to talk Olympa
taller Nick.

Speaker 8 (09:04):
Hello, Andrew, it's been a while.

Speaker 2 (09:05):
It has been a while. So Erica Fairweather, who can
forget the tears. However, she's got some more good news today.

Speaker 8 (09:13):
She does. Yeah, she certainly bounced back from that disappointment.
And you're right, and you just shouldn't be disappointed about
making fourth place in an Olympic final four hundred meters
freestyle against the caliber of swimmers the likes of Arion
Tipms Kata Ladecki. But she bounced back, got a good
night's sleep, got back in the pool two hundred meters freestyle,
made it through to the semi finals and then qualified
for the final, which is fantastic. Her favorite event is

(09:35):
the four hundred, so for her to get back in
the pool make the final, which was a goal of who.
She's qualified seventh fastest for that final, so we'll have
the call for that. Jason Pine probably will behind the
mic for that one at just before twenty to eight
tomorrow morning, so a potential medal there will be to
an outside chance. So that was really encouraging for Eric

(09:56):
a fairweather. On the flip side, Lewis Claibert his favorite event,
four hundred meters individual medley. He had his final and
unfortunately for Lewis finished sixth, but he'll get back into
his work later in the program as well, back in
the two hundred meters butterfly. So some encouraging results in them,
albeit we're still that medal's elusive, isn't it.

Speaker 2 (10:17):
I thought Lewis was very revealing. He's obviously gutted because
he was off his personal best and you know, and
they don't mind not winning a medal. I would think
as long as they've gave it, given it, they're all
and not hitting your personal best meant it didn't give
it your all. So I'm gutting for him.

Speaker 8 (10:32):
Yeah, I think, Look, you can't begrudge his effort. He
was certainly giving it his all, but it was just
he acknowledged himself once he got to the breaststroke leg
of the medley and then on to the freestyle, he
just didn't have enough in reserve, which is a shame
when you put it all that preparation into it. But
that's elite and pinnacle sport for you.

Speaker 2 (10:49):
Absolutely, forty nine sailors are going well. The forty nine ers,
they are.

Speaker 8 (10:53):
Going really well. They're going really well. Of course, we've
got some pedigree in this event. We've had Peter Berling
and Blear Chuke in the past. This duo, this key
jobbing dubbed the mckeeweeks, Isaac McCarty and Will McKenzie. And
of course all the sailing is not in Paris, it's
off the south of France, off the coast of Marseilles.
But McCarty and McKenzie they won their opening race by

(11:13):
more than a minute, which was fantastic, and then third
and eighth. From the subsequent races they sit the top
of the standing still a lot of racing to be done.
That's three races done, nine to come and then the
medal race. But certainly encouraging it. And speaking of encouraging,
Andrew overnight that the Blackburn sevens defending Olympic champions from Tokyo.
They're looking really good. Another pool game two thirty tomorrow

(11:35):
morning against Figi, then on to the quarter finals.

Speaker 2 (11:38):
I'm talking to Alan Gilprien here is the World Rubby CEO.
He's there at the Olympics. I'm talking to him just
after five thirty today about everything about the sevens and
versus the fifteens and gee, what a tournament when you have,
you know, France winning in front of sixty nine thousand people,
first medal of the games. How good for rugby. We'll
talk about that later. What about the venues who say Marseille,
the Olli Whites are playing in Nice. I don't know

(12:00):
if you saw the horses they're running around the Versailles Palace,
and the surfers are in Tahiti. The venues are incredible.

Speaker 8 (12:09):
Certainly, and I've seen some amazing imagery as well of
the beach volleyball which is right underneath the Eiffel Tower.
They are certainly utilizing every picturesque landmark, not only in
the French capital, but as you mentioned further Afield Tahiti nice.
They've certainly pulled out all the stop. Speaking of venues, though,
Andrew one particular area of interest in me, I'm privileged

(12:31):
to call the triathlon from tomorrow on gold Sport. A
lot of intrigue around the water quality of the River
Senne are still bubbling away. Discussions around is it going
to be okay in terms of can we have the
swimming leg of the triathlon. There'll be more testing done
overnight in New zeal in time fingers cross as it
would be an absolute fast from an Olympic triathlon if
it had to be reduced to a duathlon just effectively

(12:54):
a run in a bike, So fingers cross, especially for
Hayden Wild, who was a real metal prospect.

Speaker 2 (12:59):
Good manly sports journalists, can I just say my son
is a wastewater management specialist working for Healthy Waters and
he looked at the opening ceremony and he saw the
rain and he went, oh, well, that's it. The sands stuffed.
Because what happens with wastewater we all know it. It
rains and then the fecal matter goes straight for any

(13:19):
water course, they ain't swim it, and that it's filthy,
and they knew the risk. Four twenty three.

Speaker 1 (13:26):
Digging deeper into the day's headlines, it's Andrew Dickens on
heather due to see Ellen drive with one New Zealand
let's get connected and use talks.

Speaker 2 (13:34):
That'd be the ray hung reckons. A man needlessly die
because emergency services couldn't get to him because they were
held up by speed bumps, raised pedestrian crossings, whatever and everything.
As another races in the text ninety two ninety two
small charge does apply instead of speed bumps. Why not
just put speed cameras there. Make some money for the councils.
That's a good enough thing. Now elsewhere Hamilton, Andrew These

(13:57):
pop up speed bumps crossing Hamilton launch ramps to the Moon,
absolute waste of taxpayers money. There is no consistency with
their angles. What is the point of a speed bump
on the crossing? How about we do what we did
in the eighties and nineties, and teach kids and adults
for that matter, how do cross a road safely? You cross,

(14:18):
We're not safe to do so, not just expect to
you need to be not just expect to be seen
and just walk on out to the rays pedestrian crossing.
Why are we slowing people down? Somebody else? Is I
hate those dumb speed bumps. If I owned a digger,
I get rid of them myself. Ninety two ninety two
is to text mean while, of course the big debate
across the ditch where do you store tomato sauce in

(14:38):
the fridge or in the pantry? So tomato sauce has
heaps of salt and sugar in it, which are natural preservatives.
And who the hell likes warm sauce anyway?

Speaker 9 (14:47):
You know?

Speaker 2 (14:49):
Baby boomers say the pantry or the cupboard. Gen Z
and millennials say the fridge. Where do you stand? You
can text me that Master Foods at Australia has come
to the debate the definitive answer just after four thirty
with Olie Peterson. Don't blame me, he's the one who
chooses the topics. Okay, but this is a good topic,
I guess. Oh. Also the polls continue to fall for Albanesi,

(15:12):
so he reshuffles cabinets. So there's other stuff happening in
Australia that's coming up. After News and Sport, which is mixed.

Speaker 1 (15:19):
The day's newsmakers talk to Andrew First Andrew Dickens on
Hither Duplessy Alan Drive with one New Zealand let's get

(15:40):
connected news talk as sid be surely you can them.

Speaker 2 (15:50):
It's twenty five to five and Jason Wall's, our political editor,
is joining us and a few mothers time. We're going
to talk about this open letter from the Pacific wing
of the Greens and all these resignations that they've been
through and all that sort of carry on. Basically, they're
saying the Green supporting Wacker jumping is racist, which is
so over the top. I can't believe they expect us
to take it seriously. Do they realize the sort of

(16:11):
damage they're actually doing to the Green Party by the stance.
But anyway, we'll talk to Jason about that, and also
the tax cuts are on the way. Meanwhile, thoughts on
tomato sauce Before Olli Peterson from Perth to his topic.
Somebody asks greg As any idea where gen X keeps
their sauce because we're not boomers. Good one, Greg. Apparently
I'm not a boomer. However, I am sixty and I

(16:34):
do have property, and I have a very strong opinion
about the source. There's a difficulty when you're on the cusp. Greg,
just just embrace it. Others say, I'm pretty sure it
says refrigerate after opening. Others say store in the pantry.
Others say the boomer says fridge, and Ben reckons it
always tastes better in the fridge. What is the definitive answer,

(16:54):
Olli Peterson is the man who's done the hard yards
and worn out the shoe leather to find out, and
he's joining me very shortly.

Speaker 6 (17:00):
It's the world wires on news talks.

Speaker 2 (17:03):
It'd be Drive twenty three to five staying with Australia.
There's other stuff happening other than the tomato sauce. Prime
Minister alber Mazi has reshuffled his cabinet. The embattled Andrew
Giles is still a minister, but he's lost the Immigration portfolio,
and of course the reshuffle has been met by the
Opposition with derision.

Speaker 10 (17:23):
This reshuffle has been an admission of failure on behalf
of the Albanezi government, particularly in those areas of immigration
and housing.

Speaker 6 (17:33):
Israel.

Speaker 2 (17:34):
Israel has hit his Billard targets and Lebanon in response
to the rocket attack on a football game on Saturday.
Israel says the weekend attack on the town and the
occupied Golan Heights was Hezbilla's work. Hebila says, no, it wasn't.
And the people living in the Magdal charms are worried
about what will happen if the situation escalates.

Speaker 4 (17:53):
What about tomorrow?

Speaker 10 (17:54):
If it happens like what it gets to it all out.

Speaker 11 (17:57):
Tour, that's gonna be pretty.

Speaker 6 (18:01):
People are gonna die on all sides.

Speaker 2 (18:04):
And finally, what a great Monday when you've got Star
Wars views. One of the y Wing star fighter miniatures
news to the filming of the first Star Wars movie
has just been sold at auction. How much for two

(18:25):
point six three million New Zealand dollars. This is a miniature.
It's not big. You can't fly in it. Obviously, it
doesn't go interstellar. Obviously. It was part of a sale
of heritage auctions that included a number of iconic movie props.
The other Star Wars went under the hammer. Oh, what
was the slave bikini as worn by Carrie Fisher in
the third film Under the Eye of Jabba the Hut

(18:47):
that went for three hundred thousand dollars.

Speaker 1 (18:50):
That is a bargain international correspondence with ins and Eye
Insurance peace of mind for New Zealand business.

Speaker 2 (18:58):
Oliver Peas and Firth. Hello, Oh, do I have to
push the button to get him on? Oh? Sorry, OLLI,
Hey Ailey, Hello Andrew. We'll get onto the source soon.
I know it's a burning question, but first, apparently your
Prime Minister reshuffled his cabinet. And why that's more important
than source, I don't know.

Speaker 12 (19:17):
Well, it's important at the moment because you know, those
big changes, as the Worldwise indicated, Andrew Giles and Clara
O'Neil out of Home Affairs and immigration and that was
two people's jobs. Now it's one person's job. Tony Burke,
who is a senior minister in the Albanezi government, very
experienced and probably one of the best performers on his

(19:37):
feet in the Parliament. He gets Home Affairs, he gets Immigration.
He also gets multicultural affairs, which is important because he's
a Western Sydney MP. But really in the end, this
is a pretty weak reallocation of portfolios because the Prime
Minister can't choose his own cabinet. The Union's tell him
who he could have, and they all decide on the
names that are put forward. So Giles, who's been a

(19:58):
hopeless minister, just gets re allocated a lesser portfolio in skills.
And Clara O'Neil, who's done a terrible job in her
portfolio of been home the fairs mian. It's so she's
now the Housing Minister and we've got a housing crisis,
so she goes from one housing from one crisis to another.
Murray who's stuffed up the agriculture portfolio and decided to
end the live export trade. He also got a promotion.

(20:20):
So in the end, Andrew, nobody's really been promoted from
the back bench. They're the same people who are just
recycled with new portfolios, new.

Speaker 2 (20:27):
Co to paint, well, of course, sorry, a new code
of paint. What was your metaphor going to be a
new code of paint on a peg?

Speaker 4 (20:32):
What?

Speaker 12 (20:35):
Yeah, something like that. As a Titannic starts the scene.

Speaker 2 (20:38):
So and this all well, the polls continue to go
in the wrong direction for Albernazy, so he needed a refresh,
not a resort.

Speaker 12 (20:46):
And the timing of this is interesting. It's obviously the Enerjuly,
middle of the winter recess, and it still leaves open
then the possibility that he actually goes to an election
before Christmas. There's a few elections scheduled in austral over
the next six months. You've got a Queensland election, You've
got an early election in Western Australia where I am
next year. He'll win or the Labor Party will win

(21:08):
the WA election. They're going to get booted from office
in Queensland. So timing is obviously everything in politics, and
I wouldn't be surprised if Alberan EASi decides to jump
before those two state elections.

Speaker 2 (21:18):
All right, horrific story. A young Saudi woman reportedly kidnapped
from Melbourne and then taken back to Saudi Arabia.

Speaker 12 (21:26):
This is really concerning. Her name is Lalita and she
was escaped Saudi Arabia to live here in Australia because
she was forced to marry at the age of eleven.
She had her first child at around thirteen. Would you
believe it, Andrew? Now her cousin has broken the news
in Australia. Thiss happened about a year ago, and speaking

(21:48):
through their lawyers, had indicated that she made a call
to her cousin who lives here in Australia late one
night back in May of twenty twenty three, to say
they're coming to get me. They're on their way. They
allege that four men turned up to her house. They
took her to Melbourne Airport. She boordered a plane d
Kuala Lumpa. She was then on her way to Saudi
Arabia and she's never been heard of again. They believe

(22:09):
she may be in a Saudi Arabian jail, but we
don't know. We can't confirm any of this information. And
the question being asked is how can this go on
in Australia that four men can turn up to her house,
bully her obviously to get onto an aeroplane to leave
Australian When they go looking for their CCTV footage at
the airport, it's gone, it's disappeared, it's not even there.
So there's a lot to this story. There's a lot

(22:30):
of concern around how this can obviously happen under the
nose of Australian federal police and a border force at
the airport. But what a horrific story. And we're only
obviously scratching the surface on this one, Andrew, but it
is rather concerning.

Speaker 2 (22:42):
Finally, where do you keep the tomato sauce and the
fridge of the pantry. Apparently there's a generational divides. Master
for Master Foods, who makes your sauce has come out
with the definitive answer they have And I.

Speaker 12 (22:54):
Will not keep anybody guessing and waiting anymore because this person,
Ross Mail, and what a great surname. And if you're
going to be delivering the news, Ross Mail, the head
of research and development for Master Foods, who's been there
for fifteen years, Andrew says, there's only one place in
our homes of the iconic red bottles of sauce belong,
and that is, of course in the fridge.

Speaker 2 (23:14):
Hold on when you buy them in the supermarket, though
they're not on the fridge, they're on the shelf.

Speaker 12 (23:19):
That's right. But when you open it, it helps keep the
quality so it tastes and looks fresher for longer.

Speaker 4 (23:23):
The colder temperature.

Speaker 12 (23:25):
Helps slow down the aging process, which keeps its brighter
and red color and it has a stronger tomato flavor.
So if you want more out of your sauce, you
got more sauce out of your sauce. Put it in
the fridge.

Speaker 2 (23:35):
But hold on it says that on the bottle. So
why are we even having this debate?

Speaker 12 (23:41):
Because like New Zealanders, Australians are divided on the old
tomato sauce question. And you'll never shift it from fifty
to fifty being fridge or cupboard.

Speaker 2 (23:49):
Good Man, Eilean Peterson, I thank you so much from
six pr Hey So Philip pokinghorns in court. He is
a retired eye surgeon. The Crown alleges that he murdered
his wife, that's Pauline Hannah, who was sixty three in
their remu We're a home back in April twenty twenty one.
Today in court they suggested that he murdered his wife

(24:10):
and then staged a scene to make it look as
though her death was a suicide. We'll have full details
about this with Chelsea Daniels, who is going to join
us right after the five o'clock news. Now here's something
he has pleaded guilty too. Though he has pleaded guilty
to two charges that have been suppressed until today. And
that is possession of myth and possession of a pipe.

(24:33):
And this was at the time that his wife died,
so he's pleaded guilty to that. So he's a myth head.
I can't get into trouble for saying that. I can't
affect the trial for saying that he liked the myth.
He liked, he zinged on the myth. He had the
myth at the time his wife allegedly committed suicide. So gee,

(24:56):
this is a juicy case. Bought details coming up at
five here on news Talks.

Speaker 1 (24:59):
He be politics with centrics credit check your customers and
get payments certainty.

Speaker 2 (25:05):
Hey, it's national crackdown gun laws too much more on
that coming up next hour, but right now with the
time at thirteen to five, and welcome to the program,
Jason Walls, it's player jingle? Do we play jingle? We
do play a jingle? Gone?

Speaker 6 (25:16):
Oh?

Speaker 2 (25:17):
Did we we just played it? Hello?

Speaker 13 (25:19):
Jason, I bet Barry had a jingle?

Speaker 2 (25:22):
Well, yeah, well he does. Hey, sorry about that first
day on after a while text cuts coming later this week.
Will the government be hoping for a pole boost? Will
we even notice?

Speaker 13 (25:33):
Indeed, I think that the government. They won't say it
out loud, they want to men it publicly, but yes
they will be hoping for a pole boost because of this.
I mean it was the cornerstone of what the government
ran on and you know, good for them. I'm promising
something and delivering it. There might have been some accounting
on the side in terms of how much it was
in terms of per household, but at the end of
the day, people are going to be looking at their

(25:54):
bank accounts and seeing that they have more money at
the end of the day. Now, the Prime Minister and
his Finance and the Minister Nicola Willis were just at
Post Cab and they were rattling off all the stats
that we've come to know from them.

Speaker 14 (26:05):
Our text relief package will see ninety four percent of
all households and eighty three percent of individuals better off,
and in just two days time, Kiwis will start to
see that showing up in their bank accounts.

Speaker 13 (26:16):
So Nikola Willis actually put it quite concisely.

Speaker 15 (26:18):
The government has got your back.

Speaker 9 (26:20):
Now.

Speaker 13 (26:20):
Be that as it may, there are two very important
entities which come and they could get in the way
of Kiwis getting more money in their back pocket that
is the Reserve Bank and councils across the country. Now,
starting with the former, an extra forty dollars a week
might be nice, but if it's all eaten away by
high interest rates, it's a bit moot, isn't it. So
the question is is it time for the Reserve Bank

(26:42):
to start cutting its interest rates now inflation is back
down to almost three percent, And that's the question that
I asked the Prime Minister today. Here's what he said.

Speaker 14 (26:50):
It's been encouraging for us to see inflation down at
three point three percent. We want it to go below
three percent and then we are expecting interest rates to
drop very quickly.

Speaker 13 (26:57):
So that's as far as he would go, but it
was quite telling that he said we are expecting them
to drop very quickly, because, as you know, the Prime
Minister or any of his ministers are not allowed to
give the Reserve Bank any sort of direction. That's despite
the likes of David Seymour and Shane Jones doing exactly
that over the past couple of weeks. Now on the
other side of the coin, there is the council rates. Now,

(27:19):
if you're a rate payer across the country, you're getting
those within the coming days and weeks now, and you
might be noticing that those are going up quite high.
So that's another thing that might be eating away at
your tax cut. What did the Prime Minister have to
say about that.

Speaker 14 (27:32):
Yeah, we're expecting councils to play their part, which is
to get on top of their fiscal situations and exactly
the same responsible that central government has and what we're doing.

Speaker 13 (27:39):
So we can see that we're in a situation where
the government is giving with one hand and then the
Reserve Bank and the councils are taking away with the other.
I'm not sure that Adrian or will be particularly happy
about that characterization, but when interest rates remain at the
level that they are, that is exactly what's happening now.
He will argue that we need to get back down
between one and three percent with that midpoint level of

(28:00):
two before he starts cutting rate. But until that happens,
I don't think you're going to be feeling the full
effect of what would have been a nice little tax gut.

Speaker 2 (28:08):
That's it. Yes, wholesale rates are down, interest rates are
down to the retail banks are also urging for a
drop in interest rates. That we'll see if they're listening,
not just the Prime Minister, or the Prime Minister could
just be reflecting what the retail banks are saying. Hey,
what are you making about this open letter from the
Pacific wing of the Greens and all the exaggerated resignation
talking stuff.

Speaker 13 (28:28):
Oh well, I think it's exactly that. I mean, you know,
it's not like MPs are resigning or people that we
know quite well. It's random members of the Pacific Caucus.
And I think that I would have given it a
little bit more of a look if it wasn't just
such a bizarre open letter that they'd penned to the Greens.
And if you haven't heard this story, it's obviously over
the weekend with the Daarli and Tana saga basically overshadowing

(28:49):
everything apart from the Greens writing an open letter to
the Prime Minister about rental increases, like that's going to
do anything. But the main thing about this letter was
there are a few different strands to it, and one
of them that I took umbrage with was the way
that they described the party's leadership and the way that
they dealt with the late Offesso Collins after he died
and in this open letter from three members of the

(29:10):
Pacifica Pacifica wing of the party, they said while he
knew that he that's Offesso, that some party members were
initially suspicious of him, and some MPs had privately attacked
him and undermined him during his twenty twenty two Meryl campaign,
which doesn't really it doesn't match reality because the Greens

(29:30):
openly endorsed Afesso Collins his Merril brid and then they
welcomed him into their caucus as a member of Parliament,
so I don't really think that stacks up. They also
go in to talk about Elizabeth Ketty Kenny, who is
the wife of one of the people that co wrote
this letter, and they said that we cannot watch another
Wahini Mardi be cannibalized by this party without voicing our

(29:50):
condemnation of the choices and decisions made by the party's leadership.
The co leaders have again inflamed and weaponized media narratives,
intentionally mirroring Daarlian that's darli In Tanner's character, integrity and marna. Now,
there are a lot of these big, bold comments in
this letter, but I think the thing that was clearly
missing was any sort of accountability. I mean, Elizabeth Ketty

(30:12):
Kenny was not blameless what happened, she was accused and
essentially a report showed that she had bullied a number
of MPs within the caucus, and then Darling Tana Well,
I don't need to explain the situation that's going on there.
So the letter lacked a bit of an accountability for me.
And I think that Chloe Swarbrick has been dealt quite
a hard hand coming into the Greens co leadership this

(30:34):
year in twenty twenty four, with everything that they've dealt with.

Speaker 2 (30:38):
Oh, the poor of Greens with friends like the Pacific Caucus.
Who needs enemies? Hey, I thank you so much. Jason
Wall's new Talks in Be's Political editor this is news
talks to be. I'm in for Heather Hither's I believe
on holiday in Singapore, But I don't quote me on that.
That's just what I've been told.

Speaker 1 (30:53):
At seven to five, putting the tough questions to the newspakers,
the mic asking.

Speaker 2 (30:58):
Breakfast Queen's Court leader Chloe swore bricks with us, what's
your view of Darlene Tanner?

Speaker 6 (31:02):
Did she abuse migrants to the.

Speaker 16 (31:04):
Really chair as his Madama and our caucus unanimously we
do not believe that she is to be a member
of Parliament.

Speaker 12 (31:10):
And Mike has.

Speaker 2 (31:11):
Reverurce does she a migrant abuser?

Speaker 8 (31:14):
I don't think that.

Speaker 16 (31:15):
Is helpful for me to weigh in and such a
way which could potentially.

Speaker 3 (31:18):
Open legal cases or otherwise.

Speaker 16 (31:20):
And we've never been confronted with a situation like this,
So we are working through a process make sure that
we upload hold our values and have a sustainable and
enduring solution which we can rightfully defend because we know
that natural justice.

Speaker 2 (31:32):
Was upheld back Tomorrow at six am the Mike Hosking
Breakfast with Jaguine News Talk ZBS, I'm Andrew Dickinson for
a Heather. I'll leave it as four minutes to five
this pockinghorn cases or go. We're going to go to
the courtroom right after the news. Chelsea Daniels is covering it.
He has pleaded guilty to charges a possession of methane
vetterment and possession of a pipe on the day of

(31:55):
the death of his wife. So that's juicy enough in itself.
And we heard today what the Crown alleges happened on
the day which of course we've never known by the
way those position and pipe position are charges. They've been
suppressed until today. So it's all new and it's all
coming up right after the five o'clock news. And then
we're talking about the government crackdown on gang associates and

(32:16):
their firearms. The Justice Select Comitte has been looking at
the law and they reckon it could potentially capture innocent
people and give police too much power for warrantless searchers.
Do we care or hate? Hold on, We're going to
talk to Associate Justice Minister Nicole McKee, who is all
about liberalization a gun laws. However, a Select committee has
said they got down too tough. All that and more

(32:37):
coming up in just a few moments time. Here are
news Talks that.

Speaker 1 (32:40):
Be the only drive show you can trust to ask

(33:14):
the questions, get the answers by the facts and give
the analysis. Andrew Dickens on hither dup to see Allen
Drive with One New Zealand. Let's get connected News Talk zibby.

Speaker 2 (33:27):
Good afternoon and welcome to the program. At seven after five.
So one of the most anticipated murder cases of the
year has begun in the Auckland High Court today with
surprising and eye opening detail. Philip Pulkinghorn, a successful eye surgeon,
has been accused of strangling his wife and making it

(33:48):
look like suicide. Today in the court Pauline Hannah, his wife,
was found dead in the couple's Remure home on Easter
Monday back in twenty twenty one. Chelsea Daniels is covering
the trial for US and joins us. Now, good afternoon, Chelsea,
So tell us how did the day begin?

Speaker 1 (34:07):
Well?

Speaker 17 (34:07):
Andrew Polkinghorn started the trial today with guilty please to
possession of methan fetamine and possession of a methan fetamine pipe.
For the last two years the charges were not allowed
to be reported, but suppression lapsed with that admission of guilt.
The guilty please leave just one charge remaining for the
six week trial, and that's.

Speaker 6 (34:26):
Murder, all right.

Speaker 2 (34:30):
So what does the crown allege actually happened to Pauline.

Speaker 17 (34:34):
Well, First, Alicia McLintock, the Crown prosecutor, went through what
happened at that weekend. Pauline Hannah did a series of
things that were just so normal for her. She took
pride in her work and also took pride in her
appearance but there was one aspect of her life that
was troubling.

Speaker 18 (34:49):
He was spending large amounts of money on six workers
and engaging and a number of extramarital encounters and relaytionships.
He had a problematic myth amphetamine habit. He was spending
marital finances in many ways that benefited only himself.

Speaker 17 (35:13):
The Crown says it'll prove that Polkinghorn's claim that his
wife took her own life as false and that he
actually staged the scene. McLintock told the court of the
way Hannah was found by paramedics, details about a rope
and a belt that were found in the house.

Speaker 18 (35:29):
Crown allegs the evidence in this case will show the
rope was too loosely tied to have sufficient tension to
kill miss Hannah and simply too long.

Speaker 17 (35:42):
The Crown alleges a struggle took place, given Hannah had
injuries to her nose, scalp and bruises on her arm,
marks on the left side of her back, and Polkinhorn
had a fresh cut on his forehead that he couldn't explain. Meanwhile,
defense lawyer Ron Mansfield is adamant Hannah took her own life.

Speaker 19 (35:58):
This is a case where the Crown know that there
is no pathology to support its theory of a homicide.
The Crown knows there is no evidence of an argument
that evening. The Crown knows that there is no evidence

(36:19):
of any meth amphetamine use by Dr Polkinghorn that night.
The Crown knows that there is no evidence of any
arguing disagreement or an assault lead alone a fatal assault.

Speaker 2 (36:39):
So he did plead guilty though to possession of myth
and a pipe. So how much myth was found around
the house?

Speaker 6 (36:47):
Yeah?

Speaker 17 (36:48):
Police found thirty seven point seven grams of meth dotted
all around the house in the master bedroom, bathrooms and study.
A meth pipe, meth and a lighter was found in
the main bedroom where Polkinghole slept.

Speaker 10 (36:59):
Hannah had slept in another bedroom.

Speaker 17 (37:01):
The night before her death, and Hannah appears to have
also been grappling with doctor Polkinghorn's meth habit. Apparently she
searched privately on the Internet prior to his death. What
sensation does p give you? For instance, what does a
pea pipe look like? These searches were made just three
months before her death. The searchers suggest an ignorance about

(37:22):
drug use.

Speaker 2 (37:22):
The crown says, all right, let's talk about this other
character in this tale. And her name is Madison Eshton
and she's actually featured in social pages being pictured with
the poking Horn. Who is Madison Eshton? And will she
take the stand?

Speaker 9 (37:40):
Yeah?

Speaker 17 (37:40):
So she is a Sydney sex worker Polkinghorn had been
seeing before Hannah's death. She will take the stand. Later
in the trial, McClintock said Hannah admitted to friends that
she had actually joined the pair in a threesome reluctantly
in Australia, but would then become concerned with her husband's
obsession with group sex, she said. She said he had

(38:03):
been living a double life with Ashton before his wife
died and even afterwards, and he apparently deleted WhatsApp messages
with Ashton after her death and asked her to do
the same.

Speaker 2 (38:13):
All right, And they've also heard and I think we've
heard it on our news. But let's play this again.
This is the one one one call that Phil poking
Horn made on the night, isn't it.

Speaker 10 (38:20):
Yeah, we heard that in court.

Speaker 20 (38:22):
Take a listen, you're there.

Speaker 15 (38:27):
I'm here.

Speaker 21 (38:28):
Yeah, Now she she's did so so.

Speaker 6 (38:35):
Part of me, So why do you believe that she
did because I.

Speaker 2 (38:39):
Can't do a punk on the dottor then she's blue,
she's cold.

Speaker 17 (38:43):
So the trial is continuing in the High Court at Auckland.

Speaker 2 (38:46):
All right, and Chelsea Daniels will be covering it right
the way through. We'll have more coverage from Chelsea on
the trial. You can also listen to the podcast that
we're making about this trial. It is called Accused the
Poking Horn Trial. You'll find it on iHeartRadio or wherever
you get your podcasts. It is a twelve after five,
all right. So the Justice Select Committee is pumping the

(39:07):
brakes on changes to expand firearms Prohibition orders they're called
FPOs now. The committee says the new orders would give
police too much power for warrantless searches. The committee is
made up of Labor Party members and it's a Select committee. Now,
the new rules would allow police to search anyone suspected
of being under an FPO without needing a warrant. So

(39:29):
Nicole McKee is the Associate Justice Minister. She joins her
right now, Helen Nicole Good evening, Andrew. So the selectmmitty
doesn't like it. Did you screw up the law or
did you believe that going hard on guns was needed
in the war on gangs.

Speaker 3 (39:42):
Definitely going hard on the illegal possession of firearms by
those that are not licensed as a priority of this government,
and I don't think that we got it wrong. The
whole point of going to Select Committee is to make
sure that one they get to listen to the people
and what the efforts are on making good law, and
then two they try to change the law or change

(40:04):
the clauses within it to tighten it up so that
the will effectively be more efficient and effective once it's
been brought in. Some of the things that they have
talked about is they're looking at who's captured by farm's
prohibition orders, They're looking at the well, they want to
decrease the number of eligible offenses, and they've got some

(40:25):
concerns around the warrantless searches. And I take on board
what they say. Some of it I agree with, some
of it I don't. But at the end of the day,
we need to stop the drive by shootings of innocent
families that are being held to ransom by gangs in
their illegal use of these weapons.

Speaker 2 (40:41):
So there will be changes made to the law.

Speaker 3 (40:45):
Well, we need to actually go away and talk about
this as a government, what is the Select Committee looking
at changing and do we agree with this or not.
Once the government has agreed or not agreed on some
of the changes, we would then look to implement perhaps
supplementary order papers at the Committee of the whole stage
to make some changes ourselves. But that's still a discussion

(41:08):
as a government that we need to have.

Speaker 2 (41:09):
And do you think that this law stood a contrary
to the position that actor has had and you have
had and the government has had for a while in
saying that under labor gun laws became too prohibitive.

Speaker 3 (41:22):
Under the previous government, the firearms legislation that they brought
in did not keep our communities safe. It demonstrably showed
a less safe community because of those changes. And part
of the reason why if they targeted the wrong group
of people, they went after the law abiding while the
criminals went about doing their drive by shootings. This government's

(41:43):
going to make sure that that stops. The best way
that we can is do that is through legislation and
empower police to be able to take those firearms away
from the criminals by giving them further search powers.

Speaker 2 (41:54):
All right, Nickle the key, I thank you so much
for your time, nicoll as the Associate Justice Minister. It
is now sixteen minutes out of five, so don't laugh,
that would be cruel. But there is a vegan restaurant
that has now been forced to sell meat because they're
not getting enough people through the door. And we're going
to talk to the feller who's running this restaurant right

(42:15):
after the break. And remember, of course we had the
Hospitality report this morning talking about how we are going
out but at the same time the business is really
struggling because it costs. But for this guy vegan restaurant
selling meat. Ekes Okay, that's next sixteen after five news
talks at b all right, a vegan cafe in Auckland
has had to start serving meat dishes. This is due

(42:36):
to rising cost pressures. The mostly plant based Easy Kind
Cafe at morning side said that the business was forced
to make the decision why just to stay afloat. Now,
remember the Restaurant Association's annual report out this morning showed
that sales were up five point eight percent, but businesses
are still struggling due to high running costs and so
Kathy Cottle is the owner of the Kind Cafe and

(42:58):
joins me.

Speaker 21 (42:59):
Now Halla, Kathy, Sorry Andrew, how are you doing good?

Speaker 2 (43:02):
But this has to be a black day for a
vegan cafe because you're selling meat.

Speaker 22 (43:07):
Is a very dark day for me personally, just eleventest
when we don't call ourselves a vegan cafo.

Speaker 7 (43:13):
We never have.

Speaker 22 (43:13):
We've been vegetarian but mostly vegans. Ye, just a point
of interest there, But it is a really it's a
sad day.

Speaker 2 (43:21):
It is a sad day. Do you hope it's a
temporary move.

Speaker 22 (43:24):
I do hope it's a temporary move, I really do.
I hope that we can get back to the principles
that we started with eventually. One of the things that
we have had to do this for.

Speaker 4 (43:36):
It is of course a.

Speaker 22 (43:37):
Financial cause and call, but we have a lot of
our customers who have said to us over the last
couple of months, they've got friends, they've got family who
will just not set.

Speaker 21 (43:50):
Restaurant.

Speaker 22 (43:51):
And when we opened six years ago, part of our
mantra was that we wanted to make a space that
vegetarian food was more accessible to people, but also to
help people go on a journey, a traveling travel on
the journey towards a more plant based diet.

Speaker 2 (44:06):
Very cool, But here's a question for you. Here's a
question for you. Is it more expensive to run a
vegan restaurant, which is why you've had to resort back
to meat, or is that just you know, a me ledd.

Speaker 22 (44:19):
I think it is more expensive. Our chefs have to
go to a lot of efforts to make our own sources.
There's a whole whole lot of things that cannot just
be bought as easily. You think it's just a simple burger.
We now have a fried chicken burger on our menu
or a Korean chicken burger. You can also replace that
with a tofu paddy. But a lot more effort and

(44:43):
work goes into making the vegetarian patties, the vegetarian sources,
the vegetarian flavors that we need to make that food
really tasty, have lots of texture and color.

Speaker 2 (44:55):
And we know, like all restaurants, it's rented staff, it's food.
It's just about every part of the cafe business has
gone and you need to raise revenue by fifty percents
that you've got meat. Can I ask a very hard
and horrible question, are there enough vegetarians who support a
vegetarian only restaurant or do you need some of us
carnivals too.

Speaker 22 (45:12):
No, we do need the carnivals. And I think over
probably the last year, I've seen more and more people
walking out of our cafe once they've recognized that we
are a vegetarian cafe.

Speaker 2 (45:23):
Okay, here's another question. Here's another question on that. Now
that you've had meat come through your door and served
and prepared, are you afraid that some vegetarians, in a
politically correct move, well but boycott you in the future
after the cost crisis passes.

Speaker 22 (45:40):
That is a very real fear, but that is just
something that we will have to face women if that happens.
Through a lot of my conversations with my vegetarian and
vegan friends, for a lot of them that rather have
the restaurant open than closed and have no options at all,
and a lot of them do eat at other restaurants
that do serve mostly meat, and actually, to be honest,

(46:01):
eating a lot of other restaurants, it can be quite
difficult to have a menu made for a vegan or
have a dish made for a vegan on premise. So
a lot of them love coming and having lots of options,
and we will still have lots of.

Speaker 2 (46:15):
Options, Kathy. You know we only wish you all the
very best of luck. This is a terrible decision to
have to take. You Just hang in there, survive until
twenty five. I think that's what everyone says. Well, we
all have to yes, very good five twenty three. By
the way, what meat is acceptable? Lime caught fish and
free range organic chicken. And yes, as Ed says, we
are not carnivores, we are omnivores. And that's true as well.

Speaker 1 (46:38):
The name you trust to get the answers you need
Andrew dickens On, Heather Duplicy, Alan Drive with one New Zealand.

Speaker 6 (46:44):
Let's get connected and new talk as it'd be.

Speaker 2 (46:47):
It's five twenty six. We have a health having. Last week,
Dr Lester Levy has been appointed Commissioner of the New
Zealand Health Authority Health New Zealand. Everyone has something to
say about it, you know what. I think they might
all be correct, they might all be right. So Stephen
Joyce of the Weekend pointed out that the merger of
all these DHBs, twenty of them into one organization, was

(47:08):
the single largest business merger ever attempted in New Zealand,
involving eighty thousand staff. It dwarfed the previous largest, which
was Fonterra, and he pointed out that the Fonterra merger
took decades to conclude and then decades to settle down.
And we gave the Mega Health merger less than two years,
and then we declared it an abject failure. Maybe there

(47:32):
have been efficiencies, or maybe they haven't, or maybe we'll
never know. But it's important to remember the history of
our health system. We had twenty DHBs and twenty boards,
and twenty CEOs and twenty CFOs and twenty coos and
twenty of everything except lots of doctors, twenty bureaucracies. Everyone

(47:52):
knew that there had to be a rationalization. We all said,
I did it the whole time. Why have we got
twenty twenty health boards in one country? Heather Simpson, Helen
class Great Fred wrote a report suggesting we dropped to
four regional authorities. But then Andrew Little came in and
he said, hey, why don't we try just one big one,
And to his credit, compared to many other people, at

(48:13):
least he tried. But now Shane Retti's come in and
I think he's saying, let's try four again. Let's go
back to what Heather said. The biggest complaint about a
single authority was the bureaucrat growth and the empire building.
But you know, with four regional authorities you have four
chances for bureaucrat growth an empire building. Maybe one authority

(48:33):
could work, but only if it was led by a
super being with the ability to forensically evaluate each line
of a balance sheet and then hold the mill management
to account. Christopher Luxan reckons he can do that. I
wonder if anyone really can. There are other weird arguments
around the thing that health mu zealm. Why is it
indeficit now when it was in surplus last year. It's

(48:55):
because they're a neept. No, it's because they've been funded less.
Then Maggie Upper, who's the CEO, W can it's because
we hired more nurses than expected. Everyone's got a theory
on the health system, and my suspicion is that they're
all actually a little bit correct, but nobody has actually
brought it in all together in the right formula. So
all I have to say to that is good luck.

(49:15):
Leicster Levy sid Bey five twenty eight. My next guest
after the news is a fella called Alan Gilpin, and
Allan is the World Rugby CEO and he's having a
whale of a time in Paris and he saw a
great match, and of course everybody from rugby has all
gathered in Paris. So we're going to talk to him
about Paris and the Olympics and sevens and rugby and
the fifteens and head injuries and twenty minute red cards

(49:39):
and just about everything. How is the game? Is it healthy?

Speaker 4 (49:42):
Is it not?

Speaker 2 (49:43):
That's coming up. Alan Gilpin's his name. Then we have
the huddle. Josey mcganny and Trish Sharson all on Newstalks.

Speaker 12 (49:50):
Herbi, everybody.

Speaker 6 (50:07):
On your smart speaker, on the iHeart app, and in.

Speaker 1 (50:09):
Your car on your drive home, it's Andrew Dickens on Hither.
Dup to see Alan drive with one New Zealand let's
get connected and new talk zid be.

Speaker 2 (50:25):
Andrew. I'm a meat eater, but I want to visit
that wrist run and order a vegetarian dish.

Speaker 6 (50:30):
Oh good? Are you?

Speaker 2 (50:31):
What is it called? It's called kind It's Morning Side.
Kathy Cottle runs the place.

Speaker 8 (50:37):
Now.

Speaker 2 (50:37):
I'm Andrew Dickinson for Hither and she's taking some leave.

Speaker 4 (50:41):
We have.

Speaker 2 (50:46):
We have the Finance Minister coming up after six o'clock today.
She's cockerhoop right now, so is the Prime Minister. Because
they announced that the text cuts are going to come
into your pockets on Wednesday. So we're going to ask
her exactly how much money will actually magically what did
she say? She said ninety four percent of us are
going to feel the difference with the tax cuts. So
the Finance Minister is after six here on News Talks HEB.

Speaker 6 (51:09):
News talks, EDB All right, this took.

Speaker 2 (51:12):
Rugby because the great and good of rugby are in
Paris now. They're doing that for the sevens, the Black
Fern sevens. This is the women's side. Have got their
Olympic campaign off to a strong start. They've handledly beaten
Canada and China. They have one more pool match against
Fiji overnight tonight our time. As we all know, just
so well, things didn't go so well for us on
the men's side of the things. France beat Fiji for

(51:34):
the gold medal. South Africa took the bronze. We beat
South Africa once, but they beat us at the quarter final.
The All Backs ended out placing a lowly fifth watching
that game and every game that has been played in
the stud of Franz as World Rugby CEO Alan Gilpin,
who joins me now, hello Allen, Hi Andrew?

Speaker 6 (51:52):
How are you great?

Speaker 2 (51:53):
Having a good time?

Speaker 15 (51:55):
It's been fantastic. Yeah, it really been some amazing sevens.
We've got amazing crowds were delighted.

Speaker 2 (52:01):
I was obviously disappointed that the all back sevens wasn't
in the final, but watching the final, I was amazed.
It was the Frenchman's seven side playing a better brand
of rugby than I'd seen them earlier in the tournament.
They're in front of a massive sellout home crowd, sixty
nine thousand people at the start de France. This is
the first gold medal of the whole Olympic Games. How
good an ad for rugby was that?

Speaker 15 (52:25):
Look, it was fantastic as you said it was. It
was a great final. A bit of a dream, I
guess in the Paris Olympics to have a home scene
when the first big gold for them, as you say,
sixty nine thousand when the start to France. We've had
that every day for the seven so it's a bit
of a coming of age moment. I think for rugby
seven's and anw off to a great start. As you
said with the women's, is.

Speaker 2 (52:44):
That good for sevens or do we have too many
nations targeting the Olympic Games but not the yearly circuit?
Do you see what I mean? For instance, DuPont was
there for France, but will he be there next seven
the next season in the seven circuit? You know, is
this actually good for sevens or does it detract from
the circuit.

Speaker 15 (53:02):
I think it's great for sevens, and the annual seventh
circuit builds up to big moments like this. We've seen
DuPont playing a couple of those events this year. We've
got some other players here now and the women's who
you're normally fifteen aside players who are playing in the
sevens in a big Olympic year, we're going to see
some of those players return to the fifteens game for
a Women's World Cup in England next year. So look,

(53:23):
having the opportunity for players to move back and forward
between sevens and fifteens is important to us, and hopefully
we can do more of that going forward.

Speaker 2 (53:30):
Obviously, there's a lot of networking happening at the moment
and lots of talking about the future. So what is
the single biggest challenge in your view for rugby today
in twenty twenty four.

Speaker 15 (53:42):
I think, like a lot of sports, we want to
make sure we've got a sport that's successible, that's easy
for fans to access, to enjoy, more people to play.
So being relevant, being accessible in a changing media landscape,
I think to fans is the big challenge. In sevens
is a great product for that, particularly in markets where
maybe rugby not as established as it is in places like,
for example, where you are in New Zealand. So you

(54:04):
know seven is important that in that shifting landscape force.

Speaker 2 (54:07):
What about the speed change for fifteen is the rule changes.
You've got three new rule changes coming in. It's about
to make it's trying to make the game faster, more
free flying. Is that working?

Speaker 9 (54:18):
It is?

Speaker 15 (54:19):
And again we're always trying different things, trying to make
sure again the game is as accessive as it can
be to fans, as enjoyble as it can be, as
safe as it can be for people to play. So
you know those law trials that are going on now,
those changes are about, as you say, making the game quicker,
keeping that continuity, you know, making it exciting for young fans.

Speaker 2 (54:37):
I would have thought, this is my opinion that the
biggest challenge facing rugby right now is the battle against
head injuries and what that does to parents who then
decide whether the kids are going to play. Would you
agree with that? And how's that battle against the head
injuries going.

Speaker 15 (54:53):
The welfare and safety players is always our number one priority,
and we're always looking to make the game safer, but
keep all those inherent qualities of rugby, all the things
that make rugby special, which is inherently a contact sport,
a sport that involves, you know, people tackling people, having
those those contact moments and those those collision moments, if
you like. And I think you know, I wouldn't say

(55:14):
we're winning that battle, because you never win that battle.
But we're making sure that we are improving. In most
parts of the world in the community game, the tackle
height now is lower than it's been before. That's certainly
having an impact, and as you say, ultimately trying to
reassure parents that you know, whilst there is contact in
the game, the games as safe as it can be
for their for their boys and girls to play.

Speaker 2 (55:33):
Finally, well, the Black Ferns win the gold.

Speaker 15 (55:36):
They started fantastically yesterday. They look in great shape. You know,
the women's Stevens will be as competitive as the men's was.
You've got obviously the Black Ferns, the Australians, France again, USA,
Canada all looking good. So I think those are the
sort of teams that will be in the mix. We'll
see the quarter final matches here tonight after the last
round of pool matches. The Black Ferns have already made
it through to the quarter finals. Going to avoid what

(55:59):
happened with their male colleagues and not lose that quarter final.
That's the key obviously then to getting into a metal match.
So I think they're in great shape.

Speaker 2 (56:07):
Great stuff. Enjoy yourself, but not too much. Alan Gilprien
is the World Rugby CEO. It is our seventeen to six.

Speaker 1 (56:13):
The Huddle with New Zealand Southeby's International Realty on Parallel
Reach and results.

Speaker 2 (56:19):
Today on the Huddle. Josie Pigani, CEO at Child vund
and Trish Sharson who is Sheerson willis pr Hello people, Hello,
Hello and.

Speaker 10 (56:27):
All female huddle. Andrew so apologized.

Speaker 2 (56:31):
Man except for me, I know, oh you want me
to apologize for being a mayor. I'm going to talk
about budget smoklers later, but that look, we have to
start with the big story of the day, which continues
to be the big story of the day, and I
don't know why, and it's driving everybody completely party and bananas.
And this is the continuing saga of Darlene Tanner and
the absence of waker jumping by the Greens, and of
course the PACIFICA leadership, who I don't know. Let this

(56:54):
start with you, Joseph. Did the PACIFICA leadership actually did
more damage to the Greens than Darlene Tanner?

Speaker 16 (57:00):
Possibly?

Speaker 10 (57:00):
I mean, I think what this shows you is that
the Greens have taken so long on this, I mean
five months initially to do the report. We're all over it.
But it's not just Darlene Tana who's doing no work.
It's the Greens, the whole party. You know, it was
just completely dominating their entire year. And so there's been
no benefits to the delay for all these reasons about

(57:23):
you know, due process and so on, and so I
think they've sort of they've they've made this problem worse
for themselves. Now you've got the PACIFICA Group coming out
you're right. And I think what this shows is that,
you know, you've got the PACIFICA group saying they feel
unsafe because of the you know, the white members of
the Green Party and so on, and because the Greens

(57:43):
have this kind of democracy of views, all views are
treated equally, they've got no language to push back on
the identity politics when it comes to something like you know,
there's a right and a wrong, and so they kind
of get they get paralyzed, and they're just stuck in
this sort of you know, there are no good ideas
or bad ideas, or.

Speaker 2 (58:01):
They're stuck in no they're stuck in no person's land,
is the official.

Speaker 8 (58:07):
Yeah.

Speaker 10 (58:09):
One other thing very quickly add and you know Professor
Collins who was a colleague of mine through the Labor
Party days, and I do remember him saying, you know,
I need we're going to teach. We're going to show
the Greens that the cool kids are not in the CBD,
they're not in Central Auckland, they're out in South Side,
They're out in South Oakland. So there's that there is
a problem there, I think in the Green pasty. And

(58:30):
it's a bit more substantive.

Speaker 2 (58:32):
You were with her visa on the day, and you
work with him, and there they are going, here's the thing, Treas,
Almost everybody who's rational just say, well, tell those guys
to shut up and just get rid of the woman.

Speaker 20 (58:45):
Well, I think you know, one thing this is showing
is what the Green Party have lost in not having
James Shaw as their co leader. It also demonstrates their
inability to take action at speed. So when it comes
to climate action, I would say good luck everybody. You know,

(59:06):
they secretly stripped Darling Tana of her portfolios in early February.
They are not now going to vote on whether to
start the process to kick her out of the party
until one September. As Josie said, that is seven months
just to reach an inconclusive consensus, a conclusive consensus on decisions.

Speaker 4 (59:26):
Over one MP.

Speaker 20 (59:28):
But what it has provided us with is a whole
new word salad on the political menu, just to give
you a flavor. We've got my pronouns, are they them?
So I'm never alone. We've had a lot of holding space,
we had a lot of lived experience. We've over the weekend,
we've had inflamed and weaponized and also added to that,

(59:49):
we've had power based on the assumed rightness of whiteness.
So to Josie's point, it is no wonder that they
are bogged down in identity politics because they just aren't
able to talk straight.

Speaker 2 (01:00:02):
No kidding, Tris Session, thank you, sober beautify said So
Josie McGarty has still to come budgie smugglers, Donald Trump
and tax cuts. Here on news talks, he'd be this
is the huddle.

Speaker 1 (01:00:14):
What the huddle with New Zealand Southerby's International Realty, exceptional
marketing for every property, with.

Speaker 2 (01:00:22):
Tris Session and Jesse Beeghanny. Now we'll get to the Olympics.
And now here's a story you may or may not
know about. There was a considerable excitement in the newsroom
over a knight and shining budgie smugglers at the Olympic
pool over the course of this morning. Turns out a
female swimmer lost her cap in the pool in an
official volunteered to retrieve it. So he strode proudly in
front of the crowds magnificently, I would even posit to say,

(01:00:43):
and the TV cameras, of course, were there. He was resplendent,
and the most magnificent pair of florally patterned budgy smugglers,
not high cut, can I add there were trunk style right?
He then executed a perfect dive into the pool straight
to the pool's floor, retrieved the cap, exited the pool
with the plumb to great pause, obviously as swimmer, though
the paunch suggests that he was well retired. So the

(01:01:05):
talk is now obviously about the togs, particularly amongst younger
stuff in the newsroom, particularly about women who say, ooh,
what was that about? They were tittering and geforing. So
my question is Trish budgie smugglers your thoughts.

Speaker 20 (01:01:21):
Well, it certainly was a confident pant and you've described
it beautifully Andrew over the radio. But in terms of
what Euros normally strut around in Don's laplage at the beach,
these were less budgy smugglers in my view, and more
of what I would term a modesty pant. But the
question for me is who wears these just on the

(01:01:43):
off chance they'll need to strip down to receive retrieve
a swim cap.

Speaker 2 (01:01:47):
Retired officials who used to be professional swimmers, I guess. Joseph,
your thoughts on the budge smuggler.

Speaker 10 (01:01:52):
Well, I lived in Paris for three years and my
husband we go to the pool, take the kids of
the pool, and my husband got basically got tucked out
of the pool for not wearing budgie smugglers, because it's
actually almost illegal in France not to wear budget smugglers,
because they think that we think the board shorts are
better and clean up. They think that that I guess
you're meating to potatoes is going to be flapping around

(01:02:14):
in their board shorts. So you actually cannot go to
the pool. I don't know what to still saying. This
is in twenty seven that you could not go to
the pool unless you were in budge smugglers, and you
know my husband would agree with me that was not
a necessarily pretty sight.

Speaker 2 (01:02:30):
All right, there's enough of that. Tax cuts are coming
this week and I've got the finance minister after six o'clock.
How excited are you for your tax Trish? What do
you think about them?

Speaker 18 (01:02:38):
You?

Speaker 2 (01:02:38):
Will you even notice them? Trish?

Speaker 20 (01:02:41):
Well, I'm not really thinking of them from a personal perspective,
and I don't think any many people probably are. But
I think more importantly from a political perspective, for the government.
This is all part of them being able to demonstrate
to New Villanders that they are doing something about the

(01:03:02):
cost of living, and this is the government's way of
being able to have people feel that directly in their wallets.
But don't forget the big burst of under the saddle
and under the government and everyone else's saddles is still
actually interest rates and those increases for families, and the
demand that's putting on household budgets is absolutely enormous. So

(01:03:24):
yes that the Finance Minister will be very pleased that
these are now coming into effect and putting a few
dollars back, but she will also be looking across the
road at the Reserve Bank governor, hoping that sooner rather
than later. I'm sure he also does his bit with
interest rates.

Speaker 10 (01:03:41):
Well, this was the budgey smuggler of tax cuts, really,
I mean, it's basically the equivalent of a packet of
Huggies for most families. But that's something that's something that
people think it's nothing will feel free to donate it
to charities like ChildFund. But I still think, Andrew, you
look at this, I think there's what fourteen billion dollars
and tax cuts over four years. I think at the

(01:04:03):
same time, debt is going to go up by thirty
two billion dollars. That's government debt. So in other words,
this tax cut is still being paid by debt. And
if it's being paid by debt, all you're doing is
making sure that people are going to have to pay
more tax in the future, and that will probably be
me and you, let alone everybody else who's younger than us.
So it's not really a tax cut, and it's not
doing anything about productivity and growing the economy. Right, you know,

(01:04:26):
it's a bit of a damp squad. It's a budget smuggler.

Speaker 2 (01:04:28):
Thank you so much, Josie, and thank you so much, Trish.
It is now seven to six.

Speaker 1 (01:04:33):
On your smart speaker, on the iHeart app and in
your car on your drive home. Heather du for Sea
Allan Drive with one New Zealand one Giant Leap for
Business US Talk.

Speaker 2 (01:04:44):
Zibby newsok ZIBB. Text three from Ben Ben says, I
am so happy I get to keep more of my
own money. I don't care if it's twenty dollars. That's
twenty dollars more than the other lot was going to
give me. Bring it on, so we'll talk to Nichola
Wis about this in just a few moments time. The
Finance Minister right after the news will talk about the
tax cuts, what you will notice and what you don't,

(01:05:07):
and we'll try and get here to pressure the Reserve
Bank to bring down the interest rates as well. That's
another thing we can talk about. But here's another bit
about the Reserve Bank. What is holding back the conversion
of disused offices into apartments and our CBDs. Apparently it's
the interest rates because it's charged at commercial rates. And

(01:05:30):
there's a group of people who wanting the Reserve Bank
to start talking about interest rates so that they can
take some of these disused office buildings and turn them
into apartments, which will help the housing crisis and do
all sorts of things. So the Reserve Bank is likely
to get it in the neck from two people, possibly
over the course of the next twenty minutes. Here on
Newstalk ZMB no Rock and Roll, Thank.

Speaker 9 (01:05:57):
You, Lac episode amounts.

Speaker 17 (01:06:27):
Isn't that sweet?

Speaker 2 (01:06:32):
That's the spiss.

Speaker 1 (01:06:37):
We're Business Insight the Business Hour with Andrew Dickens and
My Hr on News a B.

Speaker 2 (01:06:47):
That's good evening.

Speaker 21 (01:06:47):
I'm Andrew.

Speaker 2 (01:06:48):
I mean for hither who's taking leaves. She's back on
Monday at seven after six. So the latest US inflation
data looks quite promising and people are starting to talk
about rapecuts by the Fed. Will there or won't there be?
We'll talk to Shane Solely from Harbord Asset Management about
that and Fletchers in just a few months time. But
first we're joined by our Finance Minister Nicola with us.

(01:07:08):
Hello Nicola, Kling Andrew, big day for you, lots of
announcements you and Christopher talking about the tax cuts they
come into effect on Wednesday, with two hundred and fifty
thousand employers across New Zealand taking a little less money
from their employees pay packets.

Speaker 6 (01:07:24):
Do you reckon?

Speaker 2 (01:07:24):
Those employers are ready for this.

Speaker 5 (01:07:27):
Good It's a big week for New Zealand workers. We
have been working with payroll providers across the country to
make sure they've changed their system so that from Wednesday
people will only pay the right amount of tax and
that's the less tax than they have been paying. So
for New Zealanders this means relief is coming and it's
on track to Wednesday.

Speaker 2 (01:07:48):
And would you advise employees though to double check their
pace that just in case their employers have not quite
crossed all the t's and dotted the eyes.

Speaker 5 (01:07:57):
Yeah, look, I think that's a good idea. Can spare
your pacelets with what it was the fortnight before, make
sure that you are being charged at lower rate of text.
We've been advised by payroll providers that they're confident that
made for changes. If for any reason there was a
problem and the text changes didn't flow through to you,
you can still get it in areas, so you will

(01:08:19):
get what's owed to you eventually. I have no reason
to think that you won't be getting it from the
time you do now.

Speaker 2 (01:08:25):
While the text cuts obviously give you money back, and
I've got many texts people saying how lovely I get
my money back, You obviously get money back from a
text cut is inherent in the name. The opposition, though,
is arguing you're also taking money though with some of
your other policies around user pays, local governance and all
sorts of things, and so the net cost of living

(01:08:45):
remains high. What would you say to that?

Speaker 5 (01:08:48):
I just stated that, oh my goodness, that is the
government that, through fuel on the inflation fire created the
cost of living crisis, and we're content to keep wasting
billions of dollars on wasteful programs across government. To have
cried about every reduction we've made, and public servants in Wellington,
every wasteful program we've stopped, they've said no. The truth

(01:09:11):
is the opposition would rather they had that money than
New Zealanders. That they voted against tax relief, and our
government is determined that hard working people and a cost
of lowing crisis should get to keep more of what
they earn. We're delivering it in labor. Never would have
done it.

Speaker 2 (01:09:28):
Okay, So Health New Zealand, here's a budgetary thing for you.
And you should know this because you run your hand
over all the budgets. Health New Zealand has gone from
running a surplus to running a huge deficit pretty much
within a year. And the question that everyone is asking
is where did it all go wrong? And there's so
many different theories. Maggie Arthurs say we hired too many nurses,

(01:09:48):
Others that saying you haven't funded enough. Where do you
think it went wrong?

Speaker 5 (01:09:54):
Well, I think this was a boxed merger. You'll remember
that the government decided to throw the bees together. The
immediate aftermath of a pandemic. There were many frontline health
workers who said, hey, are you sure it's really a
great idea to be doing this massive restructure. And we've
just come through the last crisis. And then we as

(01:10:14):
a government came in and found that the board was
struggling to even get oversight of what was happening with
the financial performance of the health system because all of
the systems had been thrown up in the year and
then rearranged. So we've acted fast to make sure we
had capable Crown observer put in, to make sure that

(01:10:35):
we had people with financial capability on the board. Ultimately,
that wasn't enough to give us confidence that this system
could be well managed, and so we've sent a commissioner
in and look, I just say, Andrew, this is all
about making sure the dollars go where they can make
the biggest difference, which is to patience. And we didn't
have the confidence that we could see where the dollars

(01:10:57):
were going, and we need to have that confidence.

Speaker 2 (01:10:59):
With one health authority. Of course, the fear was your
empire building and bureaucratic expansion. But with four regional health authorities,
don't you have four opportunities for building and rampant bureaucratic expansion.

Speaker 5 (01:11:13):
Well, the promise for sufficiency, that was what the reforms
will need to be about, reducing the layers of bureaucracy
and administration. We simply haven't seen that yet and that's
what we are demanding because we want actually the voice
of the nurse, the voice of the doctor to be
listened to in the system and where things need to change,
that they can change quickly. As it is, there are

(01:11:35):
so many layers of management that the health system can't
be as responsive as it needs to be, and our
approach is all about making it easier for nurses doctors
to give patients the cares that we need.

Speaker 2 (01:11:48):
Apparently Labour would like you to open the health books
just to try and approve who's right in Auder's argument,
Are you happy with that? Would you do that?

Speaker 5 (01:11:55):
Well, look, we do want to be upfront and transparent
about what's going on, and the challenge that we have
had over these past few months is getting that information
out of Health New Zealand so haphazard with the systems
that the outgoing government left it with, and it's monitoring
of those systems that we have found it challenging to
get basic financial information, and we're now on that case.

(01:12:19):
But I think being transparent about that improvement in the
funding position over time is going to be helpful for
building trust and confidence.

Speaker 2 (01:12:27):
Good. Yes, And as Stephen Joyce said over the weekend,
you know this is the biggest single merger in New
Zealand's business history, eighty thousand staff. You know it dwarf
on terror. So yeah, they a lot got dropped.

Speaker 23 (01:12:40):
So let's like listen my observation as Andrew, they designed
it on paper and it was all a big theory,
but they had no real plan to operationalize it in
a practical, real world way.

Speaker 2 (01:12:51):
Right, Let's get to the big one, which I haven't
asked first because you can't actually influence them. Should the
Reserve Bank drop interest rates? Look, I'm seeing wholesale interest rates,
you know, dropping. I'm seeing the retail bank say you
could actually do it in August not November. I know
you're not supposed to be able to influence, but you know,
could they Yeah?

Speaker 5 (01:13:11):
Look, I've seen all that commentary. There are many banks
picking a reduction and the official cash rates earlier than
they were previously forecasting. Certainly there are a lot of
New Zealanders who want to see that. I've got to
stick in my lane, and my lane is all about
ensuring we've put the conditions in place that the Reserve
Bank can cut interest rate. And we've done that. That's

(01:13:32):
why we've been so careful about our spending because we
don't want to be putting pressure on inflation. We've done
everything we can and you've seen that inflation number is
coming down now down to three point three, so it's
dropped pretty quickly and that's exactly what the Reserve Bank
needs to see in order that they can make changes
to the interest rate.

Speaker 2 (01:13:52):
All right, nick I thank you said very very much
for your time and as thinking you so much so
that I didn't even ask you about the greens of
Darling townic because I thank you. I think we're all
over it. So that thank you very much.

Speaker 21 (01:14:02):
That is.

Speaker 2 (01:14:05):
Got better things they're thinking about. Thank you so much.
Nikola Willis is the Finance Minister. This is News Talk ZEB.

Speaker 1 (01:14:13):
Crunching the numbers and getting the results. It's Heather Duplicy
Ellen with the Business Hours. Thanks to my HR, the
HR platform for SME on NEWSTALKSB.

Speaker 2 (01:14:24):
News Talks B. It is seventeen after six change solely
on the way looking at the latest economic data. Not
a pretty picture, it's fair to say. But more on
that in just a few moments time. She's all going
the US. But the election, is it not? In the
transition from Biden to Harris, of course, opinions have been
wildly fluctuating. At the height of Biden's bumbling, I thought
the election was Trump's to lose, particularly after he survived

(01:14:48):
an assassination. I mean, he was on the home stretch then,
wasn't he. But over the weekend I watched some Fox
News and they were showing polls and polls showing that
the results have even up a bit in some liberal states.
Harris has surged. We are one week into the Harris
era and it hasn't weakened the Democrats at all. It
is still a tight race, and Trump is up again

(01:15:10):
someone considerably younger and sprightlier than him. So my whole
feeling about this is it's going to be fun. It's
going to be a great watch. Meanwhile, I was reading
the Weekend Herald on Saturday morning and they ran the
results of a survey taken just before the assassination attempt.
Why I got to read about it this past Saturday.
I don't know. It seems very late, doesn't it. Anyway,
The pole said that seventy five percent of Kiwis are

(01:15:32):
concerned about a second Trump presidency. Thirty nine percent are
extremely concerned. You know what I'm concerned about. The posters
didn't tell us what the Kiwis were concerned about, so
it's useless. The States is not our country. If I
was to have a concern about Trump right now, my
concern would be his nationalism, which results in him walking

(01:15:55):
away from trade. And we've seen this before in the
first presidency around CPTPP doesn't like it. He wants the
jobs back in America. He doesn't want he wants the
meat being made in America, not in New Zealand. Tramp
is an anti globalist, which is unfortunate for New Zealand
because we're trapped at the bottom of the world, surrounded
by sea, and we are dependent on global trade. We
have to be a globalist. I mean, all those Trump

(01:16:18):
supporters in this country who are also anti globalists, can
I ask you, how do you expect this country to
make a living anyway? So who are the pollsters who
told us We're concerned, but didn't tell us what we
were concerned about. Tall but mills And they are also
the posters for the Labor Party both here and in Australia,
and their pole also reported concerns about rising political division.

(01:16:39):
So I have to say that an insufficient poll from
a left leaning polling company quoted some ill defined concern
amongst New Zealanders for a candidate in a completely different country. Well,
the whole thing is probably not worth The paper was
written on and in fact designed only to continue the
binary political division we have these days. And I thought

(01:17:00):
to myself, why did I read that in the Herald.
It's six twenty.

Speaker 6 (01:17:08):
Crunching the numbers and getting the results. It's Andrew Dickins
with The Business Hour.

Speaker 1 (01:17:13):
Thanks to my HR, the HR platform for SME on
News TALKSB.

Speaker 2 (01:17:19):
And I Welcome to the program. First time I've spoken
to Shane Solely from Harvard Asset Management. Hello Shane, Hey,
Andrew here, you going very good. We've got some inflation
data data. We've got some inflation data out from the
United States of America and it's looking promising. And could
that mean a rate cut by the Fed?

Speaker 21 (01:17:36):
Yeah, it is. It is data data, whatever you want
to call it, and we saw a personal consumption experience.
This is the key media that the Central Bank and
the US of Federal Reserve focuses on. It came in
zero point two percent for during two point six percent
for the year, and it just means that the US
is on track to hit the fence inflation target. They've
got a meeting on Thursday to discuss whether they're going

(01:18:00):
to cut rates or not. And Sumi markets don't think
they will do it this time, but they'll start using
language it's more softer about reflecting their full and inflation
and labor markets, and so there's a lot of thinking
about as the captain September or there's a later and
Sumi markets have got quite a lot price in. If

(01:18:21):
they do start cutting, there's a long way to go
back to sort of four percent by June twenty five,
so more than one and a quarter percent, And of
course that's helpful for our part of the world as well.
Whereas our long term government bonders interest rates ten to
refer back to that US rate.

Speaker 2 (01:18:38):
Do we want lower rates?

Speaker 6 (01:18:40):
Do we want?

Speaker 2 (01:18:41):
You know what I mean? Because during COVID we had
everyone was going God, God, do it, Go, go and invest.
They're giving the money away. It's free money, and they
can actually distort an economy just as much as expensive money.

Speaker 21 (01:18:53):
You're right, Yeah, And there's no such thing as as
free rates. But you're right. They're abnormally low and it
creates some abnormal outcome. And that's the price we're paying
right now, Andrew. And that's why we've got central bank
rates back to above average. Long run. This is still
a by average, and so we would expect them to
settle somewhere a little bit lower. But I unlikely see
them to go back to the COVID lows unless we

(01:19:14):
do actually have a disaster like COVID or war.

Speaker 2 (01:19:18):
Or something like that. But there we go. Is it is,
by the way, it is data because I checked this.
Apparently data data was the americanization. Data is what Router says,
and I'm trying to train myself to say data. So
let's talk about New Zealand economic data, which continue to
be weaker than we thought.

Speaker 21 (01:19:35):
Yeah, and anyone's got the string of weaker data. Confume
again with another piece today, which is a data point
that's not looked at very often. It's filled jobs employment,
and that's a bit of an indicator about whether the
employment growth is stepping up or down. And unfortunately we're
down zero point six percent for the gen quarter. And
that means the unemployment that I may actually get above

(01:19:57):
five percent in the reserve bank. That's again when they
think about sitting policy, they're thinking it's going to be
ads to four and a half four point six percent.
So unemployment will we hire means there's more capacity in
economy taking some of that inflation pushed out. We all
know it, we can see it in the street. But
there's a question about central bank policy works for the

(01:20:18):
lag takes time to work, and so we're all thinking
about when does the reserve banking down cut rates. Do
they go in August or in fact, do they go
a little bit later as some of this non tradable
inflation peaks. So it's kind of win rather than if.
And certainly our economy is a weekend quite fast. And
I know Minster Nicolaie wallis making some comments this afternoon saying,

(01:20:42):
there you are a reserve bank, You've got what you need.

Speaker 2 (01:20:45):
Yes, But she wouldn't quite say that with me because
she's got She said, I've got to stay in my
own lane. But you know it's a week wink and
a nudge nudge there.

Speaker 21 (01:20:53):
It's important central Bank, that's independent. Part of the reason
people trust us.

Speaker 2 (01:20:58):
Yeah, but go on, honestly, quint manche nuts. Now it's
not just Kimi Ral that has problems with boats, because
Fletcher Building had a problem with a cement bulk cement
carrier ship as well, and now they're building their whole
share prices down. They've had another further earnings down, Greg,
What's what's gone wrong there?

Speaker 21 (01:21:14):
Yeah, really unfortunate for Fletcher Building. Ship I's done out
of the five point seven percent today two three dollars
thirteen and indeed they've given a profit guidance warning of
a ten to thirty million dollar hits from the disruption
with the vessel the cement carrier having to be a
peer out of the next two to four months and

(01:21:35):
it tend to thirty mean is about a four percent
cut to earning spot Bus relative to what the market
had expected. It's really unfortunate for Fletcher Building mainly have
a modest impact for the New Zealand buildings through there
are ways around this. They can truck, they can use
containerized shipping to get that cement to where it needs

(01:21:56):
to be, or they can actually do contracts with third
party cement supplies which is wholesome. So yep, a bit
of a hip Fletcher building. They just can't catch a
break at the moment. And this is just another.

Speaker 2 (01:22:09):
Good on your Shane Sally, I thank you so much.
And Shane comes to us from Harbord Asset Management and
this is Newstalk ZB still to come. Gavin Gray from
the UK might talk a little bit about Oh well
I did talk about America a bit, didn't I okay,
I won't talk about America anymore. We'll get back to
the UK with Gavin. This is new Stalks of V.

Speaker 1 (01:22:34):
Whether it's macro, micro or just plain economics. It's all
on the Business Hour with Andrew Dickens and my HR,
the HR platform for s News talks bus.

Speaker 2 (01:22:53):
New I'm Andrew Dickins. The Olympics continue tonight. Well and
I got the ship right here at first events the
pvpm ow and Robinson and the shooting. He's doing the
trap and we've got the women's pair and the rowing
and the COXUS women and they're in a raper charge
that's not a good book. And on we go of
course all coverage on Gold Sport and also on iHeartRadio.

(01:23:13):
About an hour ago, we were talking with Josie mcganey
and Trischets and we recounted the story of the volunteer
at the Olympic pool in Paris who stripped down to
his very fancy budget smugglers to retrieve a bathing cap
from the pool, and much has been made about the
fact that he was wearing a budget smugglers, and Josie
revealed that her husband was basically told when he turned

(01:23:35):
up in a pair of board shorts that he would
be arrested and that it was a legal priority that
he had to wear budget smugglers and Paris, and we
all laughed and went, Hoho, that's very funny. I now
have a text from Neck who says exactly the same
thing happened to me in France. I had to go
out and buy a pair of skimpy trunks from a
vending machine in the reception of the pool. My daughters

(01:23:56):
thought it was all very, very funny, because the pulse
said to me it was a hygiene issue. You can
wear board shorts, you can wear shorts and Paris, but
you need to wear some budgey smokers underneath just a
handy hack. It is twenty three to.

Speaker 6 (01:24:11):
Seven News Talk Zibby.

Speaker 2 (01:24:14):
All right, we've got a Wellington property developer who's calling
on the Reserve Bank to make it easier to finance,
repurpose to rent developments. So these are vacant and underused
commercial buildings that you can then convert into apartment Alec
Castle's has been doing a whole heap of these in
Wellington and he wants to form a coalition of the

(01:24:36):
will of the willing to ask the Reserve Bank to
make it easier and cheaper to make this happen. So
Alex Castle's joins me.

Speaker 7 (01:24:44):
Now, hello Alex, Hi there, Hey, you going Andrew good?

Speaker 2 (01:24:49):
Explain how can the Reserve Bank make a repurposing of
commercial buildings cheaper?

Speaker 7 (01:24:58):
I just have to rec leaked my thoughts so distracted
by the bugly sorry, the budge smugglers. I don't see
that one coming. No, So how can they make it cheaper? Well,
there are various different sorts of lending, and so different

(01:25:18):
forms of loan loans attract different interest rates. And why
that's the case, is a more risky loan like a
commercial probably lie or a loan that's deemed more risky
by the reserve bank by the regulator requires the bank
to hold more capital against that loan to safeguard against

(01:25:39):
the fault. And as you get progressively less risky loans
or loans that are perceived as less risky, that capital allocation,
that amount of money that has to get held against
the loan the safeguard against the fault reduces and reduces
thereby allowing them than to lend more of its money
put more of its money to work. That then allows

(01:26:01):
the bank to charge a lower interest.

Speaker 2 (01:26:03):
Right, So are you are you actually telling me that
if you're wanting to build a twenty story apartment building
from scratch, you can borrow that up sort of like
at a residential rate, and that is cheaper. But if
you want to take an already existing twinty story commercial
building and convert it into apartments, it's going to cost
you more to social money.

Speaker 7 (01:26:23):
Not well, merely, it's not not exactly to be honest,
All build to rent developments, whether they are a repurpose
or a new build, would attract the commercial interest rate,
and that that comes. If that comes, there comes a
higher rate of residential or or possibly more more importantly
like infrastructure. I think what we're talking about here is

(01:26:46):
the capacity or the ability for the build to rent
and repurposing to to be more of like a social infrastructure.

Speaker 2 (01:26:55):
Gotcha, where you know, welded communities.

Speaker 7 (01:26:58):
Building safety and cities and providing long term tenure in
affordable rents.

Speaker 2 (01:27:03):
So let's keep it simple. You know, the build to
rent attracts a commercial rate. We know the government sees
build to rent as a way of solving the housing crisis,
So surely the government should actually get rid of the
higher interest rate scenario if they could around build to rent.
Can they do that or is this up to the
Reserve Bank alone because they're independent.

Speaker 7 (01:27:23):
It would be up to the Reserve that the Reserve
Bank are independent, as you say, But I think, yeah,
this idea that we can view build to rent as
a form of social infrastructure, And well, I think the
other thing is where government or local government or community
housing providers form part of a leasing arrangement that then

(01:27:47):
makes the proposition safer from a commercial perspective. That's another
way that an interest rate could be driven down because
that perceived risk. These capital locations all come down to
perceive risk if the risk is less. If the risk
is lower, then there's a less chance of default, and
obviously a mass number of defaults and one lending category.

(01:28:08):
That's what we saw with the GFC, too much easy
lending to I guess people with gout the credentials to
have those loans. It's all about maintaining the security and
the I guess, the reliability of the financial system. But
if we I think we're where were we were looking
at social infrastructure and particularly lease arrangements then involved chips

(01:28:31):
or local councils, there's a degree of safety there in
a range of outcomes that I think just by.

Speaker 2 (01:28:39):
Such loans absolutely, and I know, I know you've done
some things. I know you've done some of the things
in Wellington, but without you know, the handy loan rates.
But at the same time, if we look at Auckland,
which has a midtown full of the outdated commercial buildings
that they find almost impossible to lease out. Our town
has moved north, basically down to the waterfront, and we

(01:29:00):
have this you know, no man's name of all sorts
of terrible buildings and that's also attracting terrible people. That's
a place that really desperately needs to be redeveloped.

Speaker 7 (01:29:10):
I agree with you entirely, and I think what we've
seen in Wellington is you know, there's a there was
an article recently about some of the properties that we've
done in Upper Willis Street, and you know, a reverend
from from a nearby church made comments that the cohort
of people in the area had changed quite significantly as

(01:29:31):
a result of basically residentialization of a of a number
of undutilized office buildings. And I think the same can
happen in the christ and sorry not christ could Crassias
but been an awklind. I think even Queen's Pak Road,
some of those areas that have kind of have reached
an impass, really they could they could turn around quite

(01:29:52):
quickly if residentual populations were built up there and in communities.
Really that's the most important the a result.

Speaker 2 (01:30:01):
I get that. However, I do have one one worry
because more and more people have been talking to her
are part of body corporates and et cetera. Talk about
the rate of failure in terms of where the tightness
et cetera is far greater in a reuse building than
a new build building.

Speaker 7 (01:30:14):
Would you agree, Oh, No, that depends entirely on the materials.
I think there were a lot of in the early
nineties there was a lot of I guess the building
materials in that period were sully more problematic. I think
in a concrete building, you know, a well well built

(01:30:35):
concrete building, you'd be be pretty good. I don't think
there will be an issue.

Speaker 2 (01:30:40):
Alex, come to Auckland. We need you and I thank
you so much for your time today.

Speaker 7 (01:30:44):
Great nice to talk to you. Thank you.

Speaker 2 (01:30:45):
Alex Castle's he's a Wellington property developer. He's done these conversions.
He's built to rents in the middle of Wellington and
that could be an answer for Auckland's midtown sort to
come Gavin Gray from the UK. Somebody also asked why
are farm interest rates so high? It's all about, as
he said, perceived risks. There's all sorts of perceived risks.
I don't understand why some things I like build what

(01:31:10):
I don't understand a lot of these perceived risks. But
ask the people doing the perceptions. But they're the ones
holding us back. It is sixteen to seven. Gavin Gray's
in the UK, so he's still to come before seven
o'clock and after seven, is it Jason byme? Gosh, that
man's working all night. What a hard worker. This is
News Talks at B everything.

Speaker 1 (01:31:30):
From SMEs to the big corporates, The Business Hour with
Andrew Dickens and my HR, the HR platform for SME
US talk sat B.

Speaker 2 (01:31:41):
Yes, our texts coming back about this. Who in their
right mind would live in terrible, ghastic chicken coop houses?
Have you ever considered that some people don't have the
wherewithal all the ability to live in better houses than that,
And sometimes what they want is just a roof. They
can afford all sorts of people and it's all about
choice if they want to live it is. And this
is what I think people forget about some of our

(01:32:01):
apartment developments. You have to offer choice. While you might
not want to live in it, While you might not
want to live in a house it has no car park,
there are people that do, and they are called a market.
And a person who's making property and selling it needs
to know about these markets. And if they make a
house without a car park, they probably know that there's
a market there. Anyway, Thank you for your text. Ninety

(01:32:23):
two to ninety two is the number right Now we
go to the UK Kevin Great joins us.

Speaker 11 (01:32:27):
Hello Kevin, good morning Andrews.

Speaker 2 (01:32:30):
I would never swim in the Seine, would you.

Speaker 11 (01:32:33):
That's certainly not at the moment. The athletes for the
Olympics were scheduled to swim in the Sane in fact
around now, but a joint decision from representatives of World
Triathlon and the organization responsible for carrying out water quality
tests has canceled the swim for health reasons, and the
same decision, of course, was reached yesterday. It comes just

(01:32:56):
that twenty four hour period after the men's triathlon racing,
the first competitive open water swimming event to be held
at Paris in twenty twenty four. But I'm afraid the
tests revealed water quality levels that frankly were not up
to scratch. Why well, because France and in particular Paris
has what's called a combined sewer system, and that means

(01:33:18):
both wastewater and storm water flow through the same pipes.
So when there's here the rainfall, as of course there
was at the opening ceremony, those pipes reach capacity and wastewater,
including sewage, overflows into the River Saine instead of being
treated in a treatment plant, and so Consequently, I'm afraid

(01:33:39):
the riversin Is at the moment just simply not fit
with frankly a lot of fecal matter in it, not
particularly pleasant for the swimmers. Embarrassing because France has spent
a staggering amount of money roughly two and a half
billion New Zealand dollars in a bid to improve water
quality ahead of the Games.

Speaker 2 (01:34:00):
Now, Gavin, can I just say that having wastewater and
water combined in a combined system doesn't just have it
in Paris, in France, that it happens all around New
Zealand and coulding in Auckland, New Zealand, you know. And
so my son, who happens to work as a water
quality engineer dealing with wastewater, said, gee, is that rain?
When he was watching the opening ceremony, he went, that's

(01:34:21):
not good? And I said, why is that he's here? Well,
that's there's going to be a whole lot of crap
going straight to the sein right now. And I think
I cannot imagine. I can't imagine just the naive, foolhardy
hope that was inside the organizers and the city's mines,
that they could spend so much money thinking they could
do that without actually completely revamping the entire stormwater system

(01:34:41):
of Paris.

Speaker 11 (01:34:42):
But who And I'm afraid London has the same system too,
So yeah, yeah, so.

Speaker 2 (01:34:48):
Yeah, dumb call. But there we go.

Speaker 21 (01:34:50):
All right.

Speaker 2 (01:34:51):
The UK government is well, apparently, according to your new chancellor,
has broken broken and so you're now on a money
saving drive.

Speaker 11 (01:34:59):
We're on a money saying drive. And it's very interesting
this because both the Conservative Party who got ousted and
the Labor Party, the incoming party in our UK general
election back on the fourth of July, both said well,
we're going to stick to the current schedule of spending
and taxing, and there were lots of promises about no,
we're not going to tax this, No, we're not going

(01:35:19):
to tax this. Well, I think we're about to see
some tax rises now because the new government is claiming
there is a massive forty five billion New Zealand dollar
black hole in the finances of this country. And that's
not a one off, Andrew, that's every year. And so
to get around this, we expect the new chancellor, the
first female chancellor the UK, Rachel reeves to unveil a

(01:35:42):
massive round of cuts to basically road rail projects, a
reduction on spending and external consultants, and also cuts to
public sector spending and waste. But sure apparently going to
accuse the previous government of covering up these shortfalls and
then running away, so pretty strong language which the Conservative

(01:36:03):
Party Rishie Sun Next Party have completely denied. They say,
we warned you labor will rise taxes and indeed, now
look they are going to raise these taxes and we
warned you they were going to do it. So lots
of backbiting, backwards and forwards here. Incidentally, one of the
big projects that I think is probably going to be
canceled is the road tunnel under Stonehenge, the World Heritage

(01:36:26):
Site and the Ancient Well artwork or artifact, and gosh,
you know what, lots of new hospitals won't be built
as well at this moment. So it really is going
to be a massive, massive cut to expenditure.

Speaker 2 (01:36:41):
And the similar thing happened here in New Zealand as well,
except we have our political allegiances around about face, you know,
and that we've ended out with the right wing government
complaining about the lift wing government when we are broken,
broken and we need to make cuts at CITAN, but
we haven't talked about text risers. So yeah, funny odd thing.
Now speaking to me, you mentioned Richard Richie Sunk, and

(01:37:04):
of course he's not continuing who would wants them, but
who wants the job because you know, people are starting
to talk about the death of the Conservative Party.

Speaker 11 (01:37:12):
Yes, indeed they are, and so they need a new, bright,
shiny leader, somebody that's going to attract support, not just
among MPs, after all, there aren't that many other Conservative
MPs left, but among the wider public of course. And
so the first round, the deadline to get your nomination in, Andrew, well, no,
you cot your nomination in too become the next loue

(01:37:36):
to the Conservative Party closes at two thirty local time.
That's six seven hours ahead really from now. And we
now learn that perhaps one of the favorites, one of
the outsiders, and yet one of the favorites is an
odd sort of combination that a lady called Kemy Badenock
has thrown her hat into the ring. She is a

(01:37:58):
forty four year old and she took her first jobs
it were in government with the Boris Johnson and she
really has been very popular among Conservative Party members and
it is they who have the final say on who
replaces them, So she joins the whole crowd now of
half a dozen others looking to take on the job.

(01:38:19):
But there may be more throwing the hat into the
ring before the deadline at two thirty local time happens,
and so consequently this is going to be an interesting one.
She has said she's probably going to want to leave
the European Convention on Human Rights, that is massively controversial
within the country and the party. Some conservatives say it
is the only way to control immigration to leave that convention.

(01:38:44):
Others are saying it'll damage our international reputation and legal protections.
And she's also saying, you know, we need to concentrate
on what we stand for and a few of the
basics rather than do lots of things. Not very well.
But the Conservative Party only one hundred and twenty one
MPs now, gosh, they really were pretty much slaughtered back

(01:39:06):
at the election time, and so the question is how
much infighting will there be. I do think one big
mistake they've made, Andrew is they're not actually going to
announce the winner until believed or not November, and that
gives us the opportunity to witness four months of infighting.

Speaker 2 (01:39:23):
Very good seth Kevin Gray from the UK, I thank
you for your time. News talks here be coming up
five to seven.

Speaker 6 (01:39:27):
Whether it's macro micro or just playing economics.

Speaker 1 (01:39:31):
It's all on the Business Hour with Hither Duplicy Ellen
and my HR, the HR platform for sme US talks.

Speaker 9 (01:39:38):
It be.

Speaker 2 (01:39:40):
Big time for me to go this have some music,
Anthony Medicine. What have you got for me?

Speaker 24 (01:39:44):
Paris Hilton is beck Baby. She is releasing her second
album Romember. She had an albut Meck in two thousand
and six. Well, this is going to be a second
one and it's coming out in September. The album will
be called Infinite Icon and this song is called Chasin Wow.

Speaker 2 (01:39:57):
I didn't even know she came in. I mean, I
know what she was famous for, but that was it music.

Speaker 8 (01:40:01):
But there we go.

Speaker 2 (01:40:02):
Hey, thank you so much and smellicit Slora Bat and
everyone involved with the with the program my manager Dickins.
Back tomorrow.

Speaker 1 (01:40:12):
For more from Hither Duplessy Allen Drive. Listen live to
News Talks it'd b from four pm weekdays, or follow
the podcast on iHeartRadio.

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