Full Show Podcast: 31 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 Dickenson.
Hither Dupei to sellen drive with one New Zealand. Let's
get connected. News Talks b.

Speaker 2 (00:13):
Good afternoon, New Zealand. It's the thirty first of July.
Welcome to the program. My name is Andrew Dickens. Today,
how many layers of bureaucracy are in Health in New Zealand?
Are we just going back to the head of Simpson
model and how much information financially did Health New Zealand collect.
We'll talk to someone who ought to know this sort
of stuff. The former chair, Rob Campbell is on after five.

(00:34):
The Philip polkinghorn case continues today, a good hard look
at the rope and Chelsea Daniels with reports after five
thirty this afternoon. And our shipping route's about to shock
our economy again. What's happening in the Red Sea? Josh
Tan from Export New Zealand has some warnings for us,
and he's joining me after six. You can text me
on ninety two ninety two. You can email Dickens at

(00:55):
Newstalks zeb dot co dot m Z. It is eight
after four.

Speaker 3 (00:59):
News Talks.

Speaker 2 (01:00):
Hey, it's tax cut Day. And inflation seems to be easy,
and the ccfa's have gone, and the loans to value
ratio have gone, and retail banks are pressuring the Reserve
Bank to drop the official cash rate. All of a sudden,
it seems like the dark days are behind us, which

(01:23):
obviously they aren't. But we've got some wins. We are
winning the battle against inflation. And that's even before this
government's curbs on government spending really kick in. It's happening
because that's the Reserve Bank's job, and they've been crushing
our economy for quite some time now, even before the election,
and it looks like finally it's starting to work. And

(01:44):
I always laugh at how people go quite excited about
inflation dropping and they keep going, well, things are going
to get easier to afford, but they're not. They're just
not getting more expensive than they were before. Because inflation
is constant. Everything is always getting more expensive, it's just
how quickly and how much at any one time. So

(02:08):
this cost of living crisis, even with inflation going down,
will still grind on because prices still go up, and
it will grind on until you get more pay And
having just been through a pay negotiation, I can tell
you that's not really happening in this climate. Really, And
on the interest rate front, we all really have to

(02:31):
remind ourselves that they're actually not historically high. They are
half the heights that we had after the GFC, A
quarter of what I paid when I was taking out
my first loan all those years ago. That's not to
say they don't hurt, but they are on the way down,
we think. But here's the thing. If we're pining for
the days of the really low interest rates, that's not
a good thing either, because making money so available during

(02:54):
the pandemic with the low, low, low low interest rates
is what put us on the inflation path in the
first place. And to solve that, we know what, we
have to have some high interest rates. So it's a
balancing act. So some good news, So some green shoots,
I reckon. We're in the last third of the tunnel.
It's a bit dark and it's still a bit spidery,

(03:15):
but look we can see the light. What the time
is Now is the time to start telling ourselves that
this country is not in ruins, that this country is
our great country, this country has a good future, and
we need to start getting our mojo back Z to me. So,
there are a whole load of moves from the government

(03:36):
today and one of the latest is making it easier
to access loans. And that's with the Credit Contracts and
Consumer Finance Act, otherwise known as the Triple CFA, and
that's officially been scrapped. That's the one with the bags,
asked you how much smashed avocado you ate, and then
decided to take away your loan. Now, while some are
celebrating about the home loan side of it, others worry

(03:56):
about what it might mean for people accessing smaller loans
who were always affected the most in the first place.
So Sasha Lockily is the chief executive of Social Lender
Money Social Lender Money sweet Spot, and she joins me. Now, Sessha, Hello, Hello,
how are you very good? Okay? Is this good news
for people wanting first termes, first.

Speaker 4 (04:17):
Up, first times? Yes, absolutely, demand's going to go up.
I like your analogy. We are seeing the light at
the end of the tunnel.

Speaker 5 (04:25):
I'm with you.

Speaker 4 (04:26):
I'd vote for you if you were in our government.
That sounded like a great speech there, but I am
still concerned because we're seeing, you know, the regulations have
gone today around their affordability requirements. No more avocados. But
what I already see is there are lots of people
already on affordable debts that were able to access back
credit anyway. So I'm worried that the relaxation of the

(04:50):
requirements may mean that people can get in debt that
they can't afford. And that's because actually people believe what
banks for finance companies will tell them around their own
level of affordability. If you go to some of the
some of the bad actors in this financial financial system,
they may say, yes, absolutely, you can afford it, when
actually that's they're not living that life, and maybe people can't.

Speaker 2 (05:11):
So here's my thing about the triple C if they
rules right, they were drawn up. They were drawn up
really to stop loan sharks, you know. But it also
stopped banks from issuing smaller loans, which was an unforeseen
thing from the whole a whole tak okay ironically, because
they couldn't get the loans on the banks because the
bank's actually policed it harder. That drove people back to

(05:32):
loan sharks again. So surely scrapping the cc IF is
still a bitter situation than keeping it don't you think.

Speaker 4 (05:42):
Yeah, I think it's a balancing act. Like you said,
I think we shouldn't have compliance that adds cost to consumers.
And that's what happened, and there were some unintended consequences.
But I really think that we we've seen in the
past that people will go to the place where they
can get yes. You mentioned in your in your chats
for that. People are still having tricky situations and they

(06:03):
need to find ways to pay. So I'll go where
that we'll say the guests and historically and now, there
are some lenders that are more likely to say yes
that may not always have your best interest at heart,
because at the end of the day, lenders make money
out of people being in debt, don't I.

Speaker 2 (06:16):
Yes, but most people, most people do have some financial knowledge,
most people don't make mistakes, most people don't as silly, right,
but absolutely, But these rules, so this rule is for
a minority, and we need to find a balance with
these rules between making it easier to exeous loans for
those people who are financially literate, but also protecting vulnerable
people from spiraling into too much dits. So how do

(06:38):
you do that?

Speaker 4 (06:40):
Yeah, Well, I think there's a couple of things. I
think the Comms Commission has a big role to play
around the bad access. I mean, look, I've worked at
the Series Sport office, I've worked with a big lender
and now the startup lender. I don't want massively high
cost of compliant because I don't want to pass them
on to my customers, and I just want to lend
money out. I think I'll get back house, I'll be bankrupt,
and so would an entire sector. So I think the
balance is around most vulnerable consumers and having support they need,

(07:04):
so having this sort of financial mentors and communities, having
that education be there, and having an avenue to complain
as things have gone wrong. Push You're right, we don't
need to protect an esteme. Everybody's then, you know, has
a low level. You know, we just need to have
it sensible and pragmatic and loving the fact that we'll
be able to get more people into their first homes,

(07:25):
making sure that we can have innovation pattern so that
we can have new entrance to this financial services market,
because the cost of complaints stops with innovating as well,
aren't Look, we're a small business too.

Speaker 2 (07:34):
I know a bloke who had to spend ten thousand
dollars on a route leak in his roof. He didn't
have anyone to get a loan. Oh my goodness me.
The bank gave him the fourth degree. So it's good
that that goes. Because he had the wherewith all, he
had the ability, So this is a good thing. Hey, SASA,
thank you so much for all the good work you
do for people, says as the co founder and chief
executive of social lender money sweet Spot. While we're talking

(07:55):
about money, quickly, the Australian An, your rate of inflation
has risen to three point eight percent, up from three
point six percent at the start of the year. Here
in New Zealand, we're at four percent in the twelve
months to our twenty twenty four so actually, things aren't
that much better across the ditch in terms of inflation.
This the RBA board over there will now meet on
Monday and Tuesday to discuss what to do with the

(08:17):
interest rates. Their cash rate target is currently four point
three five percent, and people are saying, well, maybe they'll
lift it to four point six percent. That will be
the fourteenth hike in this economic cycle. So here's the rub.
Then the pressure really goes on Albanezi who's starting to
tank in the polls. He's starting to get some bad
economic information and the speculation is that he might start

(08:37):
thinking about an early election. She's all go across the ditch.
But next Darcy Watergrave on Sport on News Talks NB.

Speaker 3 (08:47):
Digging deeper into the day's headlines.

Speaker 1 (08:49):
It's hither duperic Allen drive with one New Zealand one
giant leap for business, UTH TALKSB.

Speaker 2 (08:56):
Now stalks MB. It's eighteen minutes out of started to
talk Sport and Darcy Watergrave was already talking to me.
Of course I was, and we were talking us.

Speaker 6 (09:06):
For the warning that you're turning the mic on Andrew
love your work. I could have been saying anything.

Speaker 2 (09:10):
Where you were you're talking about you're talking about puffa
jackets and hats.

Speaker 6 (09:13):
I actually talking about. You were mentioning the OUDI day
down at the Snowfalls and I did a Mercedes day
a few years back, stunning. It was a whole weekend.
It was amazing.

Speaker 2 (09:22):
Hello, I would like to be invited to thinks very much.

Speaker 6 (09:25):
Powered Cars of the Ice brilliant.

Speaker 2 (09:27):
We got a gold medal finally, but I kind of
thought we would you know what I found amazing that
in the final four we've got USA in Canada. And
you know what I found amazing about the men's that
it was won by France. And all that suggests to
me is that the whole world's evening up the catching art.

Speaker 6 (09:42):
It's a global competition now and so we're seeing that
it wasn't just a runaway train. But the New Zealanders
were warmish favorites. But when the Australians got steamed, and
the look on their faces when they got beaten and
the bronze medal matches, I mean, you got a feel
for them because it was going to be Australia and
that was apparently the final and it didn't happen. But

(10:04):
you've got to take your hat off to both the
United States and Canada and the way they played it was.
There were a couple of fantastic matches, but there's just
that extra bit of class, that extra bit of twist
and that extra bit of speed. And you look at
Blide and the way she turned and ran, Wow, stunning
and mongrel.

Speaker 2 (10:21):
You know, our team is prepared to go right up
the guts and do it hard, and then suddenly it
also turn on you know the Superchargers and do the
fancy stuff. They're all round game.

Speaker 6 (10:31):
I felt for Poorshaw woman with Cliff when she got
two minutes in the bin for the tackle that caused
her was a head clash, so I think there's any
malice in that, but I thought, no, not, don't end
your Olympic and Seven's career like that.

Speaker 2 (10:45):
There is is a TikTok video that went round today
which is portial woman being a beast in many different ways,
including at one point where she just charges into a
player who tries to tackle her, so she just picks
them up and keeps running with with the woman under
her arms. She will be a sad lost to our
on field game, but great off field.

Speaker 6 (11:01):
Yeah, and a wonderful career. And I remember talking to
a couple of weeks back and said, what are you
going to do nowt because I know I've got my
whole life ahead of me. I'm only young. I don't
know what I'm going to take up next. I'm like,
she's a neat ball. And then she went to try
sevens and I think we're all very pleased.

Speaker 7 (11:15):
That you didn't.

Speaker 2 (11:16):
I'm getting messages coming through saying I don't forget Andrew.
The French men's team had the world's greatest player in
Antoine du Pont, and some are saying the greatest of
all time, better than Dan Carter, better than everybody. It
has decided best at the fifteens and at the sevens,
best in all sorts of positions. Antoine DuPont is the man.

Speaker 6 (11:33):
Who actually decided that. Because the guy who wrote it,
see the debate has ended. I messaged him back on Twitter.
I said I wasn't where there was a debate. All
is this a debate in your own head? Is it?

Speaker 8 (11:44):
Yes?

Speaker 9 (11:44):
It is?

Speaker 6 (11:44):
Yeah, good luck with that mate. Of course it got
printed over here. And there's nothing better than someone suggesting
there's someone else better at rugby than New Zealand to
trigger all the kiwis.

Speaker 2 (11:53):
So I think he wrote it thinking this is Steve Darcy.
Mm hmm.

Speaker 6 (11:57):
I wish he knew about me. It would be great,
But no, put it. They don't get that. But you can't.
There's no such thing as a goat unless you're talking
about Richie mcaughn.

Speaker 2 (12:05):
Now we're after yeah, okay, there we go, Okay, we're
after to powis Michael Burgess who's there the triathem as
going ahead. It doesn't and I'm sure it doesn't even
matter about the water quality. The water quality is at
least that they worries. Now it's the heat.

Speaker 6 (12:19):
Well, at least they're in the water and they won't
get heat stroke for a third of the race because
I'm presuming that the film across the top of the
scene won't let any of it get in.

Speaker 2 (12:30):
It's hard enough it could actually set fire.

Speaker 6 (12:31):
Why do you found out that they spend two point
four billion New Zealand dollars on cleaning the scene up
because no one could swim it at the last our
one hundred and.

Speaker 2 (12:41):
Most of it's a monitoring as well, not on new pipes.
So yeah, okay, so the heat, but.

Speaker 6 (12:46):
The water flow has gone down so it's no longer
over a meter per seconds, so they can have it.
Apparently they tested this morning at three thirty in the morning,
said it's okay, we're going to go. So six o'clock
the women are off and then the men are off
a few hours later.

Speaker 2 (12:56):
Okay, so it will be a great event or is
the possibility of a disaster really well?

Speaker 6 (13:02):
Fingers crossed. You never know. It's a bit of controversial
Olympic games to keep us happy. But I think when
it comes to viewing triathon as a fantastic event to
look at. So you say anything about the French and
their Olympics, I think they've covered it very well when
it comes to their their camera work and the like.

Speaker 2 (13:18):
What do you got tonight?

Speaker 6 (13:19):
We've got Ruby Twoey joining us on the program up
after seven o'clock. Ruby one the silver with seven steam
back in Rio and then last time around and took
Yo picked up the gold medal. So she's sitting at
home watching her fellow well beating White Hanna do it again,
so we'll get some great thought on her. Yes, she's
a fantastic character. Ruby too great.

Speaker 2 (13:40):
Thank you, Thank you.

Speaker 3 (13:43):
The name you trust to get the answers you need.

Speaker 1 (13:45):
Andrew Dickens on Heather Dup to see Ellen drive with
one New Zealand let's get connected and news talk instead be.

Speaker 2 (13:52):
For twenty six. Rob Campbell after five text comes through,
won't be listening to that labor loving man. It was
a total failure in his own old role. So why
I ask him for Revice? Well, the problem with Rob
Campbell is that, yeah, he used to be a union leader.
He was a socialist, I get that. But then he
left the union movement and became involved with governance, and
he became one of the most sought after people to
put on boards because he knew his stuff. He found

(14:15):
a new strength that he didn't know he had before,
and then people started recognizing that. That's why he was
shoulder tapped by all parties to do various jobs for governance,
including the big one, which is health in New Zealand.
So I would never say because of Rob's politics that
he doesn't know what he's talking about. That he knows
an awful lot about what he's talking about. But whatever

(14:35):
everyone's biased, Shane Retty is biased towards national strange enough
because he's a national guy. So if Rob's bias, you
can sort out what the truth is between them. Now, hey,
there is a new national survey in America. It's by
Florida Atlantic University of Main Street. It reveals that Kamala
Harris and President Trump are in a statistical tie at

(14:55):
forty six percent each amongst all voters. Now, obviously, nationwide
poles are not a good reader things because of the
whole US electoral college system. It means that individual states
would power make all the difference. But still it is
interesting that despite changing horses mid stream in a lesser
democratic way, the Democrats support has not fallen off the
cliff and the Harris Trump race will be a dooozy.

(15:17):
And the pole also highlights complex views on democracy amongst Americans,
including Donald Trump's surprisingly large lead with eighteen to thirty
five year odds. So we'll talk more about this with
the full details of that pole with Dan Mitchison, who's
with us in fifteen minutes time. I'm Andrew Dickinson for
Heather Dupissy Allen, who's on holiday back on Monday.

Speaker 1 (15:39):
On your smart speaker, on the iHeart app and in
your car on your drive home. It's Andrew Dickens on
Heather Duplicy Allan drive with one New Zealand.

Speaker 3 (15:48):
Let's get connected and you talk zibby. Surely you can them.

Speaker 2 (16:05):
After Welcome to the program for the last day of July.
And my name is Andrew Dickinson for Heather who's back
on Monday. Got a text through which I'm thinking about
right now. What do you think somebody says it's excellent
that Terry Browning, the Speaker of the House insisted that
ACT MPs remove their party logo pins as required by
standing orders. Because my text are always thought that David Seymour,
who's a very keen pin where it always looked a

(16:27):
bit silly with an ACT badge on his suit lapel
and I went, have we really got standing orders that
bans lapel pins that designate the party you represent and
stand for? Are they really banned from the House of Parliament?
What a ridiculous rule? Because we know who we voted for,
That's why they're there. David Seymour represents ACT. If you

(16:49):
voted for them, you voted ACT. So if he's wearing
something that says ACT on his suit, which is a
little little, we tiny lapel pin, what's the problem. And
when you start talking about the lapel then you start
talking about all the people from the National Party who
wear blue ties. Then you've got all the people from
the Labor Party who wear red ties, and all the
people as we saw with James Shaw who always wore

(17:12):
a green tie. Are we going to start banning that
as well? What happened to freedom of speech and expression?
So I thought, is this really a standing order on this?
So I've been searching it during the news. I haven't
found it yet, but what I have found, ironically is
a standing order's enamel pin that you can wear your
suit lapel depicting the New Zealand Standing Orders twenty twenty

(17:34):
which bans la pel pins in the house at one
point five centimeters tall with a butterfly clasp back. And
you can buy one from this from the Pilment's store
for five dollars and fifty cents. It's twenty three to five.

Speaker 3 (17:48):
It's the world wires on news talks. It'd be drive so.

Speaker 2 (17:53):
Hamas leader Ismaeil Honeyeer, has reportedly been killed in Tehran.
Hamas has reported as death, saying he was killed in
a raid. Benjamin rad of UC Buckley says Israel was
definitely responsible.

Speaker 10 (18:09):
Apparently it was done via a drone strike or some
kind of very low level airstrike.

Speaker 3 (18:14):
Makes us wonder to what.

Speaker 8 (18:16):
Extent Ryan, excuse me, Israel had assistance on the inside.

Speaker 2 (18:19):
I mean, there's no question it had some degree. Meanwhile,
across the ditch, as I just told you, it looks
like another interest rate hike might be in store. In Australia.
The latest data out from Australia has annual inflation at
three point eight percent were Itfore, this is down from
for last quarter, but up from three point six a
month ago. So Sky News Business editor Ross Greenwood has

(18:41):
been reflecting on it.

Speaker 11 (18:42):
It's there in education, in insurance and financial services, so
from that point of view, it really is right now
in many areas that suggested to be sticky. And this
is why again the suggestion is that maybe rates do
need to rise simply to try and push some of
this inflation out of our economy.

Speaker 2 (19:00):
I hate that word sticky.

Speaker 12 (19:03):
And finally, oh mumments some scientists in Italy who clearly
haven't watched very many horror movies, particularly ones involving mummies,
have opened up a sealed stone sarcophagus at a two
thousand year old tomb.

Speaker 2 (19:18):
Here comes the curse, Here comes the curse. They found
inside a very well preserved mummy covered by a shroud. Thankfully,
the mun me has not as yet come to life,
nor have we had snakes on niche from out of
its belly, nor has it unleashed any sort of terrible curse.
Not yet, because what I know about mummies is that

(19:39):
they play the long game.

Speaker 1 (19:42):
International correspondence with ends and eye insurance, peace of mind
for New Zealand business.

Speaker 2 (19:49):
A very long game. Indeed, it's twenty one to five.
Dann Mitchison as our US correspondent, Hello damn, hello Andrew.
So we've got this hearing into the Secret Services completely
out failure. Of course, yes, yes, on the assassination attempt.
It's turned into a shouting match.

Speaker 10 (20:07):
Well it has, and it's between the people on the
panel and Ronald Road Junior, who is now the acting
head of this secret service right now, who says I
can't defend what happened or why that roof where the
alleged shooter was was not better secured and things.

Speaker 13 (20:26):
Yeah.

Speaker 10 (20:26):
I did get a little testy at time. I mean
voices were being raised and the senators were calling for resignation,
and Rose said, you know what, I'm going to let
this investigation play out before I delivered the punishments. We
know this was a failure and I'm going to get
to the bottom of this.

Speaker 2 (20:40):
Okay, Well, look this goes straight to the politics because
we've had kamala. How do you say kamala? How do
you say kam kamala?

Speaker 3 (20:47):
Harris?

Speaker 2 (20:47):
Okay, because I said it kamala first time. I said
her name, anyone wrong, and then it's just easy, Kamala.
You just said Kamala. And then you listen to her
audio book and she starts talking about her name and
says it's Kamala.

Speaker 10 (21:00):
Yeah, yeah, it's I mean, we've got a few politicians
like that over there. But you'll hear the president introducer
as Kamala Harris, vice President Kamala Harris.

Speaker 2 (21:08):
Sweet, which he's taken either. And now we have a
nationwide poll which won't indicate really the result of the
election because of the electric college system. But to say
that basically Kada and Donald Trump hit yeah.

Speaker 10 (21:22):
And again we have to remember we're, you know, six
months out or so a little less than that, but
they're in a statistical tie at this point. And Harris
has a strong lead among women, which isn't a surprise here,
compared to Trump among black voters, which again isn't a
surprise there. Big advantage over Donald Trump sixty seven do
I think it was something like twenty two percent. Big

(21:43):
gains in the Hispanic vote over here, And that's what
the Republicans have been going over here for Andrew for
some time. They realize, Okay, we've got this core base
right here. That base itself is not going to expand.
So they've tried to go after the African American vote.
And Donald Trump, I think, or at least his advisors
this time around, have tried to soften his image a
little bit more to attract the female vote. But I

(22:05):
think really the thing that stands out about this is,
you know, nobody's really excited about his VP choice over here,
jd Vance. I mean, he hasn't even had that honeymoon
bump that you expect when when a new vice president
is announced over here.

Speaker 2 (22:18):
Yes, but I see also that Donald Trump leads with
eighteen to thirty five year old voters, the youth like
from forty five to thirty six. That's not bad, Well,
it's not.

Speaker 10 (22:26):
The thing is, you've got to get those voters out
to vote. And those are the voters this time around
that have said in a number of polls they're having
the hardest time choosing a candidate. They were not a
fin Now this all came out before you know, Kamala Harris,
you know, threw her hat into the ring, but they
weren't excited about Joe Biden. And younger voters tend to
lean a bit a little bit more to the left
and vote Democrat. And they weren't excited about Donald Trump

(22:47):
over here. What I think they wanted was a third candidate.
And that's just something that we don't have, and we
haven't had over here seriously for some time.

Speaker 2 (22:55):
That here we go. If you pump Robbie F. Kennedy
Junior into the poll, which they did, suddenly he splits
the vote on the right, and suddenly Harris has a
one percent lead.

Speaker 10 (23:03):
Yeah, yeah, which which again is you know, give or
take a margin of error at this point and time.
It'll be interesting to see if this honeymoon phase. And
it has been a good, good week and a half
for Kamala Harris too. I mean, her poll numbers have
gone up, she's raised a gazillion dollars, and more importantly,
at least if you're the Democrat, she's taken away all
the news coverage on the news cycle from Donald Trump,

(23:24):
who was you know, obviously in the headlines for that
attempted assassination attempt and then the Republican Convention as well.
But now she's she's got all the limelight over here.

Speaker 2 (23:33):
Very good and is the greatest in the femoment right now,
the spoting world some on Biles because she's just stunning
the USA Jimas, I think so.

Speaker 10 (23:43):
I think you have a handful of athletes who always
stand out at every Olympics, and those that are here
for the first time and those that are making a
return visit. And I think from the US standpoint, she
has captured the attention of a lot of people again.
And I think after the Tokyo Games were covered under
that blanket of COVID that we had four years ago,
We're looking for.

Speaker 3 (24:02):
Somebody that's positive.

Speaker 10 (24:03):
We're looking for somebody that's familiar, that we feel like
we know. And she's doing a fantastic job and she
doesn't have to prove anything to anyone anymore. I mean,
she's doing it for the love of the game or
the sport. And I think viewers pick up on that.
If you've been watching this Olympics.

Speaker 2 (24:18):
Oh yes we have, and I thank you so much.
As Dan Mitchison out of the United States of American
here in New Zealand, Jerry Brown, he has been banning
ACT label pinons because he says it's against standing orders.
I thought it was perhaps a bit petty. I asked
you what clears tixted back is said Andrew, the Speaker
wants to raise standards in the House and not before
time and as well, of course as the removal of

(24:39):
la pel pitons where they also include cowboy hats, caps, sneakers, trackies, jeans,
frey clothing, political scarves and also reinstate ties and clear hope. So,
because we really need consistency, what do you think ninety
two ninety two or small charge does apply? Stephen is
worried about the phism feather and Rawiri t T's ten
gallon hat and says the Speaker should be worried about

(25:01):
that and there should be a standing order. And another
textas says what about those Green Party members who wear
the hamas scarves? Fair point as well. Oh, Jerry, you've
opened up a hornet's nest. We'll talk more about this.
I guess with Jason Walls, our political editor, who's next?
It is now nearly fifteen to five.

Speaker 1 (25:21):
Politics with Centrics Credit, check your customers and get payments certainty.

Speaker 2 (25:26):
Jason Walls, our political editor, I welcome you to the show.
You don't have a news talks here, bpen on to you.

Speaker 14 (25:32):
If I had a news talk zbpen it would be
the only thing I'd be wearing all not the only
thing I'd be wearing. No, that's not what I meant.
I meant that I would be wearing it at all times.

Speaker 2 (25:40):
Well, do you have a baseball cap? We can do
that for you if you want. Do you understand we
can do you a baseball cap. We can do you
a puffer, but it's also got gold sport on it.
Would you like that?

Speaker 14 (25:48):
Go on, send me some merch gone.

Speaker 2 (25:50):
Can I just say, Jerry Brown's big crackdown on the
pelpins seems to be a overreach.

Speaker 3 (25:55):
You think so?

Speaker 14 (25:55):
Yes, I think that it was pretty petty by all
sides in the house today. I mean, no one's happy,
especially not Jerry brownly, especially not David Seymour. You know,
let me run you through what happened, because the sort
of two issues that happened in the House today. The
first is what you alluded to, Pingate, And the issue
has been sort of boiling away for a few days now,
and it started when a contingent of act in National

(26:18):
MP's pointed out that in the House that Tiparty, Marti
and p Hannah Raffati might be Clark had party stickers
on her laptop, just saying t party Marty on the
laptop or something like that. Now, Parliament's rules me that
you're not actually allowed to display party logos in the house.
So you know, is it the rules? Yes? Is it
petty to snatch? Also yes? I think so. Today Act

(26:39):
MP's were all wearing Act Party lapelvins in the House,
but the Speaker was having none of it.

Speaker 15 (26:44):
To Speaker, the members displaying a badge that I've an
earlier session said would remove people from participating in the
Christian time. I don't want to cost a green question,
but I'd suggest that another minister from government might now
answer the question.

Speaker 7 (27:02):
Now.

Speaker 14 (27:02):
David Seymour wasn't happy about this surprise surprise. Have a
listened to what he said?

Speaker 16 (27:06):
Mister Mallard clearly ruled that pins were exempt from that
ruling in twenty eighteen. If you were seriously saying that
you're not going to let people ask and answer questions
in this house because they're wearing a pin, it's that
been allowed to for year after year. I think more
and more people are going to ask what your priorities
actually are.

Speaker 14 (27:25):
But that's exactly what happened. Jerry Brown's ruling stood and
the act Minister was given an ultimatum that was Karen
shaw before take off the pin or lose your ability
to answer questions. So they didn't budge, which led to
an incredibly awkward moment when the Green MP wanted to
ask a question to Karen Shaw Up Instead of taking
off the pin, the question went to Louise Upstin from

(27:47):
the Government instead. So it was a point of principle
for the Act party. Was it a good hill to
die on? No, it looks pretty petty, and even if
they're right, old Speakers' rulings do say you are allowed
to wear a party pin. It's not against the rules.
It does look a bit silly. But meanwhile there was
another stoush brewing. David Seymour was also upset over with
the Speaker over another matter. According to a letter that

(28:09):
he had sent to the Speaker last week, during a
Select Committee hearing into the repealing of the seven Double
A Act the repealing of in the Oran Tamariki Act,
opposition MPs suggested removing Act MP Laura Trusk as the
subcommittee chair because, and I quote from the letter here,
it is alleged that our opposition members said people will
be very stressed giving evidence on seven double A when

(28:32):
most submitters will be mardy. It would be better to
have someone chairing who is marty or pacifica, as they
won't recognize themselves in you. Now, this didn't end up happening.
There was a bit of a debate, but Laura Trusk
remained the chair. Seymour nonetheless complained to the Speaker and
the Speaker didn't budge then either. Now Seymour brought this
up in the House today and this prompted a fiery

(28:52):
response from one Chris Hipkins.

Speaker 17 (28:55):
Mister Speaker, what we've just seen from a minister in
the government is an absolutely outrageous attack on the Speaker
of the House. Now, I appreciate your being very restrained
in your response to that, but you would be well
within your rights to censure David Seymour for this. This
is directly questioning your ruling as a speaker.

Speaker 14 (29:11):
So Actor zero from two today, But I'm sure they'll
be back to do battle with a speaker very soon.

Speaker 2 (29:16):
And we've got a Green MP who said something silly.

Speaker 14 (29:18):
Indeed, so this is the comment that was made in
the House last night.

Speaker 18 (29:21):
I want you to ask yourself, would you rather be
walking down a dark alley and see a PATCH member
or a police officer. For many people in New Zealand,
they would feel safer alone with a PATCH member than
the police. And we need to ask ourselves cold.

Speaker 14 (29:40):
So that was Green MP Cahurrangi Kata and I think
some people might prefer to see Sorry, it was her
saying that people might prefer to see a Patch gang member. Now,
some people might be like that, but I don't think
it's the overwhelming amount of people in this country. Now,
someone who did take exception to this was Justice Minister
Paul Goldsmith.

Speaker 19 (29:58):
The very suggestion is repugnant and apparently the Green Party
aren't sure.

Speaker 14 (30:04):
So my colleague Demelsa Jackson asked, how lead to Chloe
Swarbrick if she stood by the comment and then hit
her with a curve ball at the end, have a listen.

Speaker 13 (30:12):
The point that Capungkada was making is that very clearly
the police and mini state agencies do not have the
trust of many of our communities, particularly Marty communities. So yes,
I absolutely do stand by those comments, and I would
actually call upon all Members of Parliament and all member
of the Press gallery who challenged those comments to go
out and talk to marty communities who hold those view suits.

(30:37):
There's a lot of contextual and variable factors, John Pack.

Speaker 14 (30:40):
A lot of contextual factors. For Chloe Swarwrick. If she
was walking down a dark alley and there was a
choice between a patch gang member and a cop, I
wonder what those contextual elements are.

Speaker 2 (30:49):
Oh, dear goodness, Maith, thank you so much, Jason Wase,
our political editor. There's the word salad yet again. It's
always good to hear the words salad for a while.
Did I actually say that out loud? I didn't mean
it's seven to five?

Speaker 1 (31:03):
Putting the tough questions to the newspeakers. The mic Hosking.

Speaker 19 (31:07):
Breakfast in New Zealand pulled the pen on this twenty
thirty carbon emission's target due to the resources need of
being unaffordable. Professor and applied mathematics specializing in climate change
Robert McLaughlin is, well, this is a bit of green
washing going on here. Everyone wants to be on the bandwagon.
What's the point of being on a bandwagon if you've
got a backtrack because it's not real.

Speaker 20 (31:23):
Well, there is green washing, of course, that there's companies
sometimes make unrealistic claims, but.

Speaker 3 (31:27):
There's also genuine progress.

Speaker 1 (31:28):
And I think the government will be disappointed by this
because they're messaging.

Speaker 3 (31:32):
They're sending they do want.

Speaker 20 (31:33):
Industries and business world to step up a.

Speaker 3 (31:35):
Bit more and not have everything just done by.

Speaker 7 (31:37):
Government regulation, which is true, it does require a partnership.

Speaker 21 (31:40):
I think the government will be disappointed by this.

Speaker 19 (31:42):
Back tomorrow at six am the Mic Hosking Breakfast with
Jaguar News Talk ZB.

Speaker 2 (31:47):
Can I just stare with Mike on just how ridiculous
Benedict Collins was on the TV last night when he
just kept on Hassig Shane Retty about the fourteen layers
of bureaucracy. Because whether it's fourteen, thirteen, twelve or eleven,
what point is there's a lot. There's a lot, and
we can make it more efficient, can't we. That's the
point of it all. The fourteen was probably written by
some staff are going, here's a catchy little line that'll

(32:09):
stick in your head. Fourteen Who cares? But as the
organization bloated, has it always been bloated since day one?
Did they know anything about the financial management whatsoever? We're
going to talk to the former chair and that is
Rob Campbell, Now say what you think he was there?
He was appointed and he does know his stuff. He's
got a long history in business. You may think he's

(32:31):
got politics, Well, then you can put that through that filter.
Everyone's got politics somewhere. So we'll ask Rob Campbell who
used to be there, did he know about the financial
management and did he think that there's fourteen layers of bureaucracy?
And what about the new plan? And here's a question
about the new plan. The new plans. The old plan
that had the Simpson first came up with four big

(32:52):
regional dhvs. That means four bureaucracies, doesn't it is? Will
there be even more bureaucracy with that plan than there
is with one megabe bureaucracy? I mean, who knows. We'll
ask Rob's opinion. If you don't like it, don't worry
about it, throw it away. And that is next. Oh
go a whole heap more. We're going to Paris to
find out about the scene which is filthy, but also
the heat because that's the big thing in the Triathan,
which we'll run tonight.

Speaker 1 (33:30):
The only drive show you can trust to ask the questions,
get the answers by the facts. And give the analysis.
Andrew dickens on hither due to see Ellen drive with
One New Zealand. Let's get connected news Talk Zibby.

Speaker 2 (33:44):
It's good after be and welcome to the program. It's
seven minutes out of five. I'm Andrew Dickinson for Heather.
Heather's back on Monday. Now, Health New Zealand has today
announced the appointment of four new regional Deputy Chief executives.
Now we knew these appointments were coming. The Health Minister,
Shane Retti says he's more health decision making to happen
at a local level. Both the Health Minister and the

(34:05):
new Health New Zealand Commissioner Lester Levy have been outspoken
about wanting to cut down the organization's bloat of bureaucracy,
and we've heard a lot of that. The fourteen Layers,
the fourteen Layers. Rob Campbell is a former Health New Zealand.
Tyranny joins me.

Speaker 7 (34:17):
Now, hello Rob, Hi, right, Andrew, how are you going?

Speaker 2 (34:20):
Very good sir? So the four regional Deputy chief executives.
Are we returning to the model suggested by Heather Simpson
and the report?

Speaker 7 (34:31):
It does seem a little bit that way. Doesn't it.
And it's a bit counterinturtives to wander and these layers
of management and then put another regional layer in. It's
not all entirely clear yet, but it certainly as far
as the hospital side of the thing is concerned, the
regional directors are introducing a new form of bureaucracy into

(34:53):
the system.

Speaker 2 (34:53):
As criticisms of the current Health New Zealand structure the
one big bureaucracy that there was empire building and there
were bloated bureaucracy. But surely if you're creating for regional
bureaucracies as a chance for empire building there as well well.

Speaker 7 (35:08):
I think that was almost a concern when I was
in the role and the previous board had this view.
But the new direction is obviously to insert this. I
do want to make the point that getting more decision
making made at the local level is critically important, but
of course the local level is not for regions. The

(35:30):
local level is very local, particularly so far as primary
health care is concerned. You've got to remember about half
of the detart to war a budget is not hospitals.
It's funding the other activities that take place right through
the health sector, and of course, this is now another
layer of bureaucracy which is being inserted into that proces.

Speaker 2 (35:51):
Well, was it that Stephen Joyce in the weekend who
actually said that the problem was we're always funding hospitals,
we're not funding primary care.

Speaker 3 (35:58):
Yeah.

Speaker 7 (35:58):
I don't often enjoy I agree with Stephen, but I
think he was quite right about this. It's the solutions
to our overall health crisis are not really to be
found in hospitals. Hospitals are important, but they're the end
stage of these things. We need to be getting far
more attention to both preventative health public health measures for example,

(36:20):
and to primary care. Again, the GPS and the other
local services that provided the various cope oppermality services that
provide and they don't operate at a regional level.

Speaker 2 (36:30):
Were you in charge of a blood of bureaucracy when
you were in charge of Health New Zealand.

Speaker 7 (36:34):
Oh, there's no question. It was a blood of bureaucracy
when we first took over, and we were making some
progress on that. Nowhere near fast enough from my point
of view or the board's point of view, but we
were making progress on that, and progress is still being made.
This is with all I've got various criticisms of what
has gone on and what's going on, but we all

(36:56):
have to hope that less to leave in the team
do get on top of these issues, is that if
they're choosing to do it by a regional structure, well
I wish them, well, I don't think it's the right
thing to do, but I wish that they can succeed
with it.

Speaker 2 (37:07):
What do you make of the fourteen layers debate?

Speaker 7 (37:11):
Well, the fourteen layers were invented, weren't they. There are
some parts of the health service system which I would
say even more layers than that. There are other parts
which don't have anything like that. But that was a
bit of a spurious argument put up by the Prime
Minister and doctor Rieti. But there is, nevertheless, and has
been a lot of bureaucracy there and part of the

(37:33):
making of Cafara Wura was specifically designed to strip out
some of that bureaucracy at the district level in order
to place more attention at the local level. So it's
a transitional phase that we're going through, all right.

Speaker 2 (37:46):
And did you and the Health New Zealand Executive organize
very poor financial management systems? And did you have no
idea what was happening in terms of the money.

Speaker 7 (37:57):
No, that that's I think the polite It was a firfy. Frankly,
the systems that were inherited were in many instances outdated.
Some of the DHP systems were okay somewhere absolutely terrible
and they didn't match. So it has been a hell
of a job for the team to try and pull
together a proper national system. But it certainly is something

(38:17):
that has been worked on and they are making progress
with so that idea that nothing's being done is simply
misleading and wrong.

Speaker 2 (38:25):
Rob Campbell. I think if you're time today, the former
chairy of Ta Fata Auto or Health New Zealand, it's
twelve after five, all right. Hamas's leader, Ismail Honeyer, has
been assassinated inside to that one inside around themselves. He
was in around to attend the presidents where in ceremony
on Tuesday. No one has claimed responsibility as of yet,
but analysts on Iranian state TV immediately began blaming Israel

(38:49):
for the attack and considering the tensions in the area,
this is not good. Robert Patman, of course, is our
international relations professor at Otago University. I go to guy,
he's with us now, Good evening.

Speaker 21 (38:59):
Robert, good evening, Andrew.

Speaker 2 (39:01):
Is this significant he was the top man at Hamas.

Speaker 21 (39:06):
It's very significant, but not perhaps in the way that
it first seems on the Facebook. It seems like a
great trial from mister Nesnil, who has said that he
would it made no secret the fact that he wants
to eradicate Hamas and taking out the top political leader
would seem to be part of that process. The question is, however,

(39:28):
does this make Israel more secure? And that remains to
be seen, because clearly Israel has taking a considerable risk
in doing this. Hanne here was one of the negotiators
involved in the hostage negotiations in Kata and so to

(39:50):
take him out sends a signal perhaps that Nestl who
puts the fate of the hostages somewhat below his concerns
to annihilate or eradicate.

Speaker 2 (39:59):
Hammer And I mentioned it was in Iran, you know,
and Israel already absolutely, yeah, Israel already. They've not commented
on it. They never comment when an assassination is carried
out by the moss Ed intelligence agency. So this looks
like pretty deep, deep, sort of stuff.

Speaker 21 (40:17):
Well, it looks like Iran will probably feel like they
have to respond to this. It's no secret that Iran's
been backing Hamas and this is you know, there was
the attack on the consulate in Damascus, the Iranian consulate,
which killed six or seven Iranian officials, which is a

(40:38):
complete breach of international law, and they've now assassinated the leader.
The problem is, I don't think there'll be any shortage
of leaders or potential leaders to replace Haniah within Hamas leadership.
There seems to be a presumption that you can engineer
your way to peace through assassination. But the fact of
the matter is, unless Israel provides a path political self

(41:01):
determination for the Palestinian people, I think such tactics are
unlikely to really deliver the security that Israel is seeking.

Speaker 2 (41:10):
Robert, thank you so much. Robert Patman, the director of
International Affairs at the Otaga University. And yeah, worrying times.
It's fifteen after five texts through Andrew. I appreciate the
honest answers given by Rob Campbell, and that's from Colin
and I agree. What did we get from Rob Campbell?

Speaker 7 (41:23):
Just then?

Speaker 2 (41:24):
Yes, there's a bloat of bureaucracy. No, we did know
what the financial situation is. Yes, there is the chance
of more bureaucracy being created. Yes, the big fight is
always against bureaucracy. That's what he wanted to do. He
was progressing on it. Yes, we need to find out
doctors more than our hospitals. And you know what, that

(41:44):
sounds pretty much exactly what Shane Redding has been saying too.
It's five fifteen. All right, here's something pretty special, and
in all honesty, it's likely to be one of the
most jaw dropping Central Otago pinannand deals you will ever hear.
And it's available exclusively at the Good Wine Company. So
the wine is being sold as the mystery premium Central

(42:06):
Otago Pino Noir twenty eighteen. Now, the name of this
Gibston Valley producer must be kept under wraps. This happens
from time to time due to tough economic conditions that
are slowed down and export and premium wine sales they
don't sell, so they've relabeled and repackaged stocks of their
premium labeled pino noirs. It normally sells for much much more.

(42:26):
But this wine is being sold urgently at an absorbsurd,
absurd fifteen ninety nine a bottle fifteen dollars in ninety
nine cents. And this is a Central Otago pino of
quality you'd normally never dream of picking up for fifteen
ninety nine, t one hundred percent Gibson fruit, no fining,
no filtration, twenty percent whole cluster fermentation, eleven months aging

(42:50):
and twenty five percent expensive New French oak. In short,
you're getting an awful lot of pino from twenty eighteen
for your money here fifteen ninety nine. It's risch and
it's lush, and it's silky, and it's unbelievable buying for
fifteen ninety nine. And if you order now you'll pay
just a dollar per case delivery to your door anywhere
in New Zealand, conditions to apply premium Central Otago Pino

(43:12):
for fifteen ninety nine. It's quite mad. Order online right
now at the Goodwine dot Co dot MZ or phone
eight hundred sixty six two six six two zed B.
It's happening, it's going ahead. The Olympic triathm will start
this evening New Zealand time there has been as I'm

(43:33):
sure you're aware, uncertainty over water quality in the River
Senne due to elevated bacteria levels and the fact that
it's the River Senn and they've got terrible wastewater and
storm water systems there. The latest tests apparently show compliance
with quality standards, and both the men's and women's event
will start on time with the men's events. Late Olympics
commentator Lelena Good is in Paris and joins me now

(43:55):
bon soir or bonjour, Lelena.

Speaker 22 (43:58):
Yeah, bonzour for me, bon sat good evening. Nice to
chat to you, Lovely to speak to you from Paris.

Speaker 2 (44:03):
There's that water any cleaner than yesterday or the day before.

Speaker 23 (44:07):
Well, they were hoping a week of sunshine, which we
have had here actually in Paris, after the inclement weather
and the opening ceremony, we had a week of really
hot sunshine and the testing agents were saying that we
needed that heat to try and sort out the bacteria
in the sin. I would like to remind everyone that
the French authorities here have spent one point five billion

(44:28):
dollars on making sure that the water quality is suitable
for the triathlon. I have been across the Seine for work,
probably sixty four times in the last five days, and
I have not seen one person in the thirty four
degree heat bathing in the sin It's not something that's
appealing to a lot of people.

Speaker 22 (44:48):
But the technicians have come out, they've tested the water.

Speaker 23 (44:50):
The bacteria levels are fine, and according to them, the
races are definitely going ahead, with the women's kicking off shortly.
But the other thing is the other thing is it
did rain overnight, had rain at about three o'clock in
the morning, just when they made the call at three
thirty in the morning, so the rain came down. So
that's gonna stir the gorgeous girl up a little bit more.
And she is there is a protector of France.

Speaker 22 (45:11):
That's why she's here.

Speaker 23 (45:12):
She's sick once, so let's see if she can hold
off for the race.

Speaker 2 (45:16):
Don't even start me on the fact that they advise
athletes at three thirty in the morning because most of
the athletes are asleep, so they have to tell the
coaches and so the ethics policy do not even know
the athletes are ready for a dawn race. They're not
ready for a midday race. Because here's the big thing now,
the heat.

Speaker 23 (45:31):
Yes, yes, it's cooled off now, thank goodness. Yesterday was
thirty six degrees at around nine o'clock in the morning.
But it's definitely called off now with that rain. I
think the track will be a little greasy on the
bike though, lots of the roads are wet. And when
it comes to Hayden Wild, he's just a machine and
a motor on the bike.

Speaker 22 (45:48):
It's the bike and.

Speaker 23 (45:49):
In fact the swim is probably his first leg, the
worst leg. When it comes to the triathlon, it's the
one that has tried to focus on the most. So
for as much as it was proposed that if it
wouldn't go ahead to it would definitely go ahead on
Friday as a jew athlon. But that's not the Olympic
Triathlon and the French would be embarrassed by that.

Speaker 22 (46:07):
So the triathlon is going ahead.

Speaker 23 (46:09):
The testing has been down, the athletes are lining up
and hopefully we receive another metal for New Zealand via
Hayden Wild.

Speaker 22 (46:16):
He won the bronze in Tokyo. He's got to go one.

Speaker 2 (46:18):
Better now, just quietly, just between you and me, Livin,
let's just call the truth here, you know, come on,
it's the French. They spent one point five billion dollars
on it. The whole world is watching. I reckon it
would have gone ahead even if the water wasn't good enough.

Speaker 23 (46:30):
Oh look, all I know is no one's swimming in
it at the moment, and even if they do swim
in it, they're not going.

Speaker 22 (46:34):
To get sick today. They'll get sick next week.

Speaker 23 (46:37):
There's a lot of money invested in it, a whole
lot of money invested in it, and I'm kind of
glad the triathlon will take place. I know my fellow
commentators are really pleased the fact that they'll be.

Speaker 22 (46:45):
Calling a triathlon, not a jew athlon.

Speaker 23 (46:47):
So it's going ahead, and they're revealing all the testing
as well, so as far as we know, it's full.

Speaker 22 (46:52):
Kosher and good to go.

Speaker 23 (46:54):
And I'm quite looking forward to watching the race, both
the women's and the men's.

Speaker 2 (46:56):
Well. Nick Buley is doing the call tonight and that's
on gold Sport and it is at now five twenty
three the Vina Good. Thank you so much, au revoir.

Speaker 1 (47:08):
Andrew Dickens cutting through the noise to get the facts.
It's Andrew Dickens fu hither due to see Ellen drive
with one New Zealand.

Speaker 3 (47:16):
Let's get connected news talk as they'd be.

Speaker 2 (47:18):
It's five twenty six. All sorts of things happen today,
all sorts of thing. It was a bit like sort
of you know, July thirty first, but it was you know,
well it is, but you know what I mean. From today,
strict loan affordability regulations have gone from the Credit Contracts
and Consumer Finance Act, hereforth known as the Triple CFA.
Now this ends the bizarre inquisitions into your personal life

(47:41):
that the bags indulged in before denying you alone. So
everyone's glad to see the back of those This is
good news for first home buyers. The loans of value
ratio rules have also eased, so again good news for
first home buyers and investors. So the question is how
green are these green shoots in the housing market. Well,
I read a report today which said home ownership for
typical first home buyers has gone from being solidly in

(48:04):
unaffordable territory at the start of the year to just
marginally unaffordable in June. Happy days, still tough. Meanwhile, facts out.
So it turns out the first home buyers are increasingly
buying townhouses. Townhouses made up to six percent of all
new dwelling consents in twenty twelve. Now they make up

(48:24):
nearly half forty five percent. They are I have to say,
the obvious solution. Most of England is made up of
terraced houses and townhouses, most inner suburbs in Australia. They're
grander than apartments. You're not sharing corridors, you don't have
people stomping on the roof above you, you don't have
to get into lifts with strangers. They are just like houses,
only smaller, with a couple of shared walls. But many

(48:47):
in New Zealand don't like the idea. They're persisted with
the dream that their immigrants parents had back in the
fifties and sixties, getting away from the terraced home and
getting a standalone house with a garden in space and
a dog. But you know, as our cities get larger,
we end out living in suburbs far far away from
the center, stuck in cars, growing congestion, not living the
key we dream. A new generation just wants enough rooms

(49:09):
for a family and a tolerable commute. They want a roof.
Many of us lucky enough or old enough to have
the standalone houses. We've been standing in the way of
intensification in our suburbs. We've been Nimbi's. We are standing
in the way of a generation who want the choice.
Let the market decide. You may not choose to live

(49:30):
in a townhouse, but you're not twenty four with a
baby in a limited budget and you want a roof.
And I understand that an earlier paradise is being corrupted,
but I also understand it was always inevitable. News Talk
z B, what happened in the Polkinghorn case today, I'm
itching to know the whole world is when we look

(49:51):
at our statistics on our websites, everyone is clicking on this.
Chelsea Daniels is our reporter there. We will bring you
the full report soon. A lot of it is about
the rope that was found around Paulan's nick, so full
detail is coming up right after News and Sport, which
is next here on News Talks B.

Speaker 1 (50:13):
Everybody hard questions, strong opinion. Andrew Dickens on hither duples
Eland drive with one New Zealand Let's get connected, News
Talk said B.

Speaker 2 (50:44):
It's the case that everybody's talking about. I can tell
you that the stats are in from our websites and
everybody is clicking they want every little salacious detail. I
mean it's got everything. It's got rich people and remy wear.
It's got accusations of murder, accusations of suicide, drugs, sex
and everything. It is the trial of Philip Polkinghorn and
today was day three. The former is surgeon is accused

(51:06):
of murdering his wife, Pauline Hannah, in April of twenty
twenty one, but he maintains she took her own life.
Chelsea Daniels has been in court and she's rushed across
town and she joins me. Now, hello, Chelsea, hey a.
So what was the focus of today's evidence.

Speaker 24 (51:21):
Well, day three centered around a bright orange rope hanging
from a balustrade or a railing. Officers believe the rope
Philip polking Horn said his wife had used to take
her own life simply didn't have enough tension. A detective
Alona Walton told the court attention test was done on
the rope and it was unusual how it unraveled with

(51:43):
little force.

Speaker 9 (51:44):
From memory, it was just like a finger and a
thumb and it was like a light poll.

Speaker 7 (51:47):
It wasn't it certainly wasn't a hard yank.

Speaker 3 (51:49):
It was just a gentle light.

Speaker 24 (51:52):
Pol Sergeant Christian Ioga was the one who did the
tension test, where he pinched the rope and pulled with
minimal effort, to which it then unraveled. It unraveled so
much that photo's first show at dangling overhead in the
entrance way, and then others touched with it, touching the
white tiles below. He then tested the part of the

(52:14):
rope that was tied around three rods of that second
floor railing.

Speaker 25 (52:19):
I put my finger on top to see if it
would slide up and down, and again with a minimum tension,
that rope that's tied around the three balustrades slipped down.

Speaker 3 (52:28):
A little bit.

Speaker 24 (52:29):
He said he didn't think it could sustain or support
any weight. Ron Mansfield, the defense, has pointed out polking
Horn has admitted he actually undid a bit of the
rope prior to lessen the tension around his wife's neck.

Speaker 2 (52:42):
But the defense questioned, this test isn't.

Speaker 24 (52:44):
The yeah, So Ron Mansfield asked the detective Walton why
she didn't speak to Polkinghorn after the test was done,
in order to.

Speaker 26 (52:53):
See whether there might be a very logical explanation for
where the loosely core rope on top of the stairs,
so easily once again just fell downstairs.

Speaker 24 (53:03):
And like I said, he noted his client had already
admitted touching the rope that.

Speaker 26 (53:08):
Morning, and then within that statement you would have noted
that it read I did the following things, and because
I was so flustered, I undid the belt and rope
from around Pauline's leg and then went upstairs to undo

(53:28):
the knock from the court.

Speaker 3 (53:30):
Can you see that?

Speaker 2 (53:32):
All right? So we know? And police told us that
they examined the scene for eight days and all that
was detailed this afternoon. Can you tell us anything about that?

Speaker 8 (53:41):
Well?

Speaker 24 (53:41):
Police scoured every one of the three hundred and seventy
square meters of that Upland Road home, four bedrooms, four bathrooms,
the library, the kitchen, the study, the laundry, everything. A
Sergeant Iioga assumed the role of officer in charge of
the scene. He was asked using photos to take through
the examination and some of the things he found along

(54:02):
the way. He noted a pink container with like riding
in a drawer and an en suite, a red littered
container in the master bedroom, a brown black box under
the bed with a buttane lighter is.

Speaker 25 (54:15):
It a box beside it? Yes, that is a box
beside it. And then upon opening the box, as you
can see in image ninety seven, it revealed a used
glass pipe which is commonly used to smoke meth amphetamine.

Speaker 24 (54:32):
We know that thirty seven point seven grams of myth
that would be found in total dotted all around the house.
And the trial will continue tomorrow.

Speaker 2 (54:40):
Andrew, quite a few people have said to me that
thirty seven grams, there's quite a lot of myth. And
I've actually said back to them, how do you know?

Speaker 24 (54:46):
Well, I made my own inquiries. I didn't know this either,
but apparently a a dose is usually around a tenth
of a gram, right, okay.

Speaker 2 (54:55):
And meanwhile, all this that you are seeing is going
to be made into a podcast, Yes.

Speaker 24 (55:00):
Accused, the Pulkinghorn Trial.

Speaker 22 (55:02):
You can find it.

Speaker 24 (55:03):
On the front page, podcast feed or on iHeartRadio or
wherever you get your podcast.

Speaker 2 (55:09):
Chelsea, thank you for your work, See you again tomorrow.
It is nineteen to.

Speaker 1 (55:12):
Six The Huddle with New Zealand Sotheby's International Realty on
Parallel Reach and Results.

Speaker 2 (55:19):
And you night know the whole We've got Shane Curry,
media insider and media man at Large and also Nick
Legg gets the CEO of Infrastruction New Zealand and hello
to you both. Hello Shane Evening, Andrew.

Speaker 21 (55:31):
Hello Nick, Hello Andrew.

Speaker 2 (55:33):
Very good Shae. As a media man, you must know
that this case has got everything, hasn't it?

Speaker 27 (55:38):
It sure does, And there's been a lot of discussion
beforehand just around the media rules. Obviously it's a very
delicate case and a lot of respects. But I think
every man, woman and their dog is in the press
gallery at the moment in the High Court covering the case.
And you know it's a huge case. I mean you
talked about the interest on the wind site and I

(56:00):
don't think I've seen these sort of numbers since probably
you know, smart hope right, sort of case, and it's huge.

Speaker 2 (56:08):
Interesting, Well, there's three big stories as well. Of course,
it's the health New Zealand, the bloating, the fourteen layers
of bureaucracy. What did you make of that, Nick.

Speaker 5 (56:16):
Well, it's not not unexpected in many ways, is that
we know that you know what is what was dressed
up as health reform was really technocratic reform and it's
very difficult to see where that actually improves those frontline
and those sort of things like cancer treatments for New Zealanders,

(56:39):
and I do worry it's very removed from the needs
of keiweeds, you know, whether it's getting to your doctor
or getting the treatment that you need. And we know
that there's a that's a system under stress and underfunded,
and we think about farmac rolled into that as well,
although that's probably technically separate. It's it almost feels like
a conversation that's happening amongst the sort of insiders rather

(57:03):
than one that really we're key. We can see their
need to reflect it.

Speaker 2 (57:07):
This is true, but it is a very complex thing,
and I think it's very ad hoc. I think they've
sort of bolted stuff onto, bolted stuff on to bolted
stuff on too, if you know what I mean. As
new treatments come through, they bolted on. It becomes a
new bureaucracy. And this has been going on for years.
I don't think we've had I think we've had a
bloated bureaucracy for a very long time, not just the
last Labor administration, but for decades Beforehandshan.

Speaker 27 (57:30):
Definitely definitely it's been not going on for years. I've
got huge confidence and Lester Levy, both from a private
business point of view and his experience in the health
sector to actually be the person to help sort it out.
I know there's a lot of debate around the four
regional managers that have been announced and whether or not
that's just another kind of bolt on as well Andrew,
but I certainly think and just looking at their backgrounds,

(57:52):
they do have a great mix of being both formerly
frontline medical staff and great experience as leaders, and I
think that's exactly what the health sector needs.

Speaker 2 (58:02):
Very good stuff. Okay, we're in the huddle. We have
Nick Leggot, we have Shane Curry. We're back in a moment.
We're in the water of the sea and it is
sixteen two six.

Speaker 1 (58:10):
The huddle with New Zealand Southby's International Realty exceptional marketing
for every property.

Speaker 2 (58:17):
Yes, and on the huddle Nick Leggat and also Shane Curry.
So I said there were three big stories bulking Horn
Health New Zealand, and the third one has been the triathlon.
Will they or won't they? They are? Shane, do you believe? Sorry,
I just make sure that your microphone's on then we go.
It's the big red button do you believe that the
water is actually clean or they the pressure is too great.

Speaker 27 (58:36):
No, the water's not clean. I listened to Levina before,
and she's been living in Paris for the last few
weeks and hasn't seen anyone in the river apart from
the Mia. Of course, there's anyone seen the Mia since
she no two ago.

Speaker 2 (58:47):
You know what I've down funny about that goes, well,
I get into the water, I come out of the water.
I am fine. I'm going yeah, but the bugs are
going to hit you in twenty four hours, in.

Speaker 27 (58:56):
A couple of weeks. Look, I'm sure they'll be fine.
I know that they You know, there was obviously a
pre Olympic event last year and the athletes didn't have
any issues. Following that, the rain has been an issue.
I see it's overcast in Paris right now, but we're
only minutes away from from the women's triathline actually starting,
so it's great to see. I don't think you know
the likes of Hayden wild If and let's hope that
he will get another medal. I think he will, but

(59:18):
if it was to be a duathlon, that'll always be
that asterisk besides it, right.

Speaker 2 (59:22):
Terrible and Nick, Nick actually with your you had on
the CEO of the infrastructure and all that, what's happened
in Paris is a huge lesson for Auckland and everywhere
else where. We haven't separated as systems A oh, I
haven't cooked you on airs like I'm so sorry, Oh
did we go there?

Speaker 5 (59:38):
Look, I think when I when I read, when I followed,
as I followed this story, I have been thinking.

Speaker 15 (59:44):
This is.

Speaker 5 (59:46):
A really important spotlight on you know, on Paris, but
actually it's something that every world community can relate to
the health of our waterways, the impacts of wastewater and
storm water, both in wet and dry weather. And if
you think, you know, there's been massive outrage in the
UK in recent months around or actually years in relation

(01:00:12):
to the same sort of issues, we are not immune
from it here and so I think it actually places
quite an important spotlight on the health of our waterways
and rivers and the impact of cities and you know,
the ability for the natural environment to sort of you know,
survive with the right kind of treatments and the right

(01:00:34):
and the right care, and so infrastructure is obviously a
massive part of that. So you know, I want I
want the I want the the the triathlon to occur.
I think we all want to follow that. But I
think we also need to all learn the lesson from
what's going on there and not snigger about it, because
it's something that's in our backyards as well.

Speaker 2 (01:00:56):
It's very, very serious, and let's not getting to a
debate about three waters, ten waters, fifteen war or no
waters at all, or be here all night. But what
I will talk about is the one in five G
and S staff which could be laid off of the
latest public service cut. And some people have come out
and said, and particularly people in the science community, so
that we're actually cutting too many people out from the
science community. The Callahan Institute has been gutted and now

(01:01:17):
g and S is being gutted. But surely these people
are public servants. But don't we need scientists.

Speaker 27 (01:01:23):
We need scientists. And yes there is I think of
a round one fifth of the workforce at Geness that
they're looking at. And of course we've seen it with
Neira as well Andrew unfortunately, and I have deep sympathy
for every individual who's affected. But you know, this government
has been very clear just about the cuts that are
needed and we're all facing it as taxpayers, we're all

(01:01:44):
facing it in private business. Wellington should be no exception.
The interesting thing, and I covered this earlier this week
with the closure today of Senate Communications, and it's now
a lot of downstream industries that are losing contracts as
a result of the public sector cutbacks. It's now impact
starting to impact very deeply in the Wellington private sector

(01:02:06):
as well.

Speaker 2 (01:02:07):
Yes, it is, because we had so many people there
in that economy, so that's going to affect it. Nick
knows that because he's down that economy as well. But
here's the thing, Nick, ask a doctor. You know, you
can cut the fat, you can cut the disease, but
you don't want to cut the good meat. And I
wonder sometimes whether the cuts have been too broad.

Speaker 21 (01:02:28):
Well, this is the concern.

Speaker 5 (01:02:29):
As we're seeing here. It doesn't look like a sort
of a specific attempt to cut excess fat. It just
looks like an across the board reduction. And I think
that's the danger with this, these cutbacks across the public sector.
We know that the government feels that it's been spending

(01:02:52):
too much, and it was elected on that mandate and
they're now delivering on it. What concerns me is does
anybody think that New Zealand spends too much on research
and development? Does anybody think that we've got we know
enough around the sort of services that GENS providers in
terms of earthquakes and and other knowledge of of of

(01:03:13):
New Zealand.

Speaker 21 (01:03:14):
I don't think we do.

Speaker 5 (01:03:15):
And that's that's really the challenge here.

Speaker 21 (01:03:17):
So I think that you can.

Speaker 5 (01:03:19):
Say, well, broadly, there's a reason the governments has undertaken
this policy direction, but you know, when it comes to
these sort of services, it does make you think, gee,
there could have been a little bit more direction or
discretion of people.

Speaker 2 (01:03:33):
The problem. The problem there is time. You know, you
can have so much discretion, so much analysis, paralysis, and
then before you know it, you know it's taken a
year and you've done nothing.

Speaker 21 (01:03:45):
Well I don't.

Speaker 5 (01:03:46):
I don't accept that. I mean, I think there are
ways of being more focused and still reducing costs. And
but look, look it's happening, and you're absolutely right, both
of you, that it's not us the downstream services the
wider economy. There are thousands of people losing their jobs
every week across New Zealand, and we actually need to

(01:04:09):
recognize that as well as those people who obviously we
obviously simplithize with the public service that are going through
the same thing.

Speaker 2 (01:04:16):
Nick, you obviously don't understand the concept of the huddle,
which is where we all disagree and then we come
to blows at the end of it. But I thank
you anyway all the very best, saying coming all the
very best NEWSALKB. It is seven to six.

Speaker 1 (01:04:29):
Up on your smart speaker, on the iHeart app and
in your car on your drive home. Heather dupleic Allen
drive with one New Zealand one Giant Leap for Business
News Talk.

Speaker 2 (01:04:40):
ZIB Newshawks be on the triathon. It's at eight forty
five tonight for coverage of course on gold Sport. Nick
Buley's doing the call and Hayden Wild's and there can
I just say hello and good luck to Dylan McCulloch
who's also in the triathon and we'll also be competing,
and no one's mentioned him. I know Hayden's very very
good and has a chance, but Dylan has trained his

(01:05:01):
train his little legs off and I wish him only
the best as well other big things I'm looking forward
to today, We've got Shannon Cox and Jackie Kittle in
rowing the lightweight double skull that's happening round about ninet
thirty four. So you can watch a bit of the
you can listen, I should say to a little bit
of the Tathlin on gold Sport. Can I just say
as well? Or iHeartRadio just search gold Sport and then

(01:05:22):
you can walk over to the double skulls. That's a
semi final and Joe La and Molly Metsch in the
forty nine is FX a bit later on. Now, okay,
the assassination of this fella in Tehran obviously the Middle
East a worry. It's still a worry with the Hootie rebels.
I've been seeing videos on social media of Hooti rebels

(01:05:44):
in diggings and boats and they come rocking up to
a container boat with some submachine guns and they storm
it and they take over it, and there we go.
Now we've got some captains actually saying let's not go
down the Red Sea, and you know what that means.
Problems for our importers and our exporters. You know what
I saw the other day. I saw a fella in
a speedboat come in to try and hijack a ship,

(01:06:05):
and they all started shooting from the ship and you
know what, his his little speedboat blew up. I thought, wow,
this is full bore. So the Hooties and the Red Sea.
We'll talk about this next here on News Talks.

Speaker 8 (01:06:16):
It be.

Speaker 28 (01:06:21):
You got the fattest car. It's fast enough, so we
can fly away stealing and make a decision. Leave now
and live died this way.

Speaker 1 (01:06:45):
Keeping tracking with the money as he blowing with the
business hours with Andrew Dickens and my Hr on News
Talks at b.

Speaker 2 (01:06:56):
Well, the women's triathan is off from racing in the
muddy water. And the water is muddy, it is fair
to say. But they're in and the men will be in.
This whole thing is happening and does look quite epic,
apart from the fact that the water looks muddy, which
is true. Some people out of the newsroom have been commenting,
I see, okay, we put the women in first to
see whether it's deaarly and then we can put the

(01:07:17):
men in. Yeah, women and children first, I guess, I jest.
It is looking amazing, but boy, we'll be talking about
this for a while. It is now eight minutes half
to six, Okay, now, here's I won't call it doom
and gloom, but it is certainly a concern. Shipping costs
are going up again just as we just as we
start turning the corner and the fight against inflation, one

(01:07:39):
of those supply costs starts going up again. According to
m FAT, global shipping rates have nearly doubled since April.
Hootie attacks in the Red Sea are cited as a
major problem. Shipping traffic in the Suez Canal is down
fifty percent, and there's been what a drought in the
Panama Canal as well. Awesomeushu are tan as executive director

(01:08:01):
for Export New Zealand and joins me. Now, Hello, Joshua,
Hey Andrew. Is this bad for our exporters like it
was last time?

Speaker 8 (01:08:10):
Yeah?

Speaker 20 (01:08:10):
Look, I think it's not as bad as last time. Obviously,
As you said, shipping rates have doubled nearly the bood
since April, and containing costs an incredibly sense of at
the moment, you know, and reacting to events around the
world in real time. But what we've seen is that
it's possibly, it's probably unlikely that costs increase to the
same level that we saw during the pandemic. But it's

(01:08:31):
not impossible.

Speaker 2 (01:08:33):
Is it bad for importers and is it bad for
domestic inflation?

Speaker 7 (01:08:37):
Certainly?

Speaker 20 (01:08:38):
You know, in terms of domestic inflation, importers face the
same issues as exporters do when it comes to shipping.
You know, it's things shipping delays, cost at a sorry time,
delays at different ports, and also things like an insurance
as well, which really drive up those those costs for
imports and exporters.

Speaker 2 (01:08:58):
Whenever people talk about inflation get better and better, they say,
you know that is as long as as there were
no external shocks. Would this qualify as an external shock?

Speaker 15 (01:09:08):
Absolutely?

Speaker 20 (01:09:09):
Look, you know we're impacted by what is happening around
the world, so I certainly qualify us.

Speaker 2 (01:09:14):
So how much longer could the shot go on and
or more importantly, could it get worse?

Speaker 20 (01:09:20):
Look, it's it's really hard to tell at this point obviously.
You know, as I said before, it's impacted by what
is happening in a major shipping route, and it really
depends on how long those issues are potentially last for.

Speaker 2 (01:09:37):
It's amazing how depending the world is on a couple
of canals. Who've got the sewers, and then between North
America and South America, We've got the Panama and the
Panama is having problems as well. Are they free of
problems right now?

Speaker 3 (01:09:49):
Yeah?

Speaker 20 (01:09:49):
Look, some finding some good news. So an update on
the Panama Canal is that the drought has ease there
and that there are increased traffic was compared to earlier
this year. So what we understand as that route is
actually back to normal.

Speaker 2 (01:10:02):
Are there any other alternatives when these routes, particularly the
Suez which is in a hotspot, Do we have any
other alternatives that we can explore? Could there be other
ways of doing this because we are being held hostage
by some hooties.

Speaker 20 (01:10:20):
Look, that's a really good question. At the moment, there
is a workaround to this issue. Instead of ships going
through the red seat in the Seuez Canal, they're instead
re routing cargo ships around the Cape of Good Hope
in South Africa. Now this as typically around ten to
twelve days to trips poet Singapore in Europe. But look
at least you're getting ships visiting different ports.

Speaker 2 (01:10:42):
All right, Josh Dan, I think you for your time today,
Export New Zealand executive director. How is this affecting business?
I'll tell you. Sarah McCormick is the chief executive of
a fresh fruit export by the name of Tomato Exports,
and she says getting apples to Europe is very difficult.
They have to ship around Africa to get it there.
It's a very long transit for apples and more expensive
as well. It's been a bit challenging. We've got Sirma

(01:11:04):
Karapeva from the Meat Industry Association saying that shipping costs
we're hitting meat companies in the pocket. It's the geopolitical
uncertainty the Panama now the Suez Canal. It's just additional
complexity and cost. He says, it's not anything we can
control directly, but it's certainly something that the companies are
very mindful of. It's taking the bite off the profit line.

(01:11:25):
It's making imports and the exports more expensive. You've been warned.
It's twelve minutes half to six and this is News
Talks NB the Business Hour. We've got the Ease Credit
Contracts and Consumer Finance Act. We'll talk about this in
a moment with our Wellington Business editor Jane Tims Trainey.

Speaker 3 (01:11:43):
Crunching the numbers and getting the results. It's Heather dup
c Ellen with the business hours.

Speaker 1 (01:11:48):
Thanks to my HR, the HR platform for SME on
News TALKSB.

Speaker 2 (01:11:53):
News Talks HP, the business hour is now six point fifteen.
Well from today, the strict loan affordability regulations are gone
or certainly changed for the Credit Contracts and Consumer Finance Act,
henceforth known as the Triple CFA, which is a lot
more catchy. And this ends the bizarre inquisitions that the
banks used to make into your personal life before they

(01:12:14):
denied you alone. Here's the big question that I've got
for our Wellington Business editor, Jeanne tim Tradey. Hello, Jennae,
Hey Andrew. This is going to make getting money easier.

Speaker 9 (01:12:24):
I don't think it's going to make a really big
difference in the current environment unfortunately, but the positive is
it should be quicker to get a loan. So basically
Commerson Consumer Affairs Minister Andrew Bailey has taken an ax
to the Triple CFA. He's basically put a red pen
through eleven pages of regulations. These are the ones that

(01:12:47):
require lenders to be really prescriptive about the checks they
do and whether you can or can't afford to take
out a loan. So a more googe or another type
of loan for a car or for some shopping you
need to do with something like that. So instead of
requiring lenders to check your bank statements with a fine
tooth comb to see if you can afford the loan,

(01:13:09):
now lenders can use their own discretion, so they can
take different approaches for different customers. It's really putting the
onus on the lender to decide how best to assess affordability.
The issue, Andrew is at the moment interest rates are
really high, and that is the thing that's preventing people
from getting loans. So you know, whether you buy too

(01:13:30):
much takeaways or whatever isn't as much of an issue
as the pure fact that the interest rates are just
really high. The thing that will help is if these
processes that the lenders have to follow are a bit
more simple, that should speed up the loan application process.

Speaker 2 (01:13:45):
I was talking earlier to such a Lockley who's from
the social lender money sweet Spot, and I said that
the rules were drawn up to stop loan sharks in
the first place, but the problem with them, the unexpected
consequence was that it also stopped banks from issuing smaller
loans particular, which ironically drove people back to loan sharks again.
So now my question will be, now, with all those

(01:14:06):
regulations gone, will the loan sharks be back in business?

Speaker 9 (01:14:11):
Well, that is such a good question, Andrew, and I
mean I don't know the answer to that. That the
tinkering that's happened with this piece of legislation has been extensive.
So the previous government relaxed the rules in May twenty
twenty three and July twenty twenty two after changes made
in December twenty twenty one were deemed to be too

(01:14:34):
heavy handed and too problematic. So it's yet to be
seen whether Andrew Bailey has struck the right balance here.
I mean, it is really difficult when so many different
types of lending are captured by one piece of legislation.
You know, it's very different if you're trying to get
a five hundred thousand dollars mortgage versus if you're trying

(01:14:55):
to get one thousand dollars for groceries.

Speaker 2 (01:14:58):
If you know what I mean, I absolutely know what
you mean. So also today, I mean it was like
it was like right after a budget, you know, this
was the day it was like Match thirty first. Really,
so many changes loans to value ratio went as well,
and everybody saying, this is all a great day for
first home buyers. And I decided. I came up with
the idea that maybe we're still in the dark tunnel,
but we're a third of the way through, and we
can see the light right now, and it's about time

(01:15:19):
we started getting our mojo back.

Speaker 9 (01:15:20):
What do you reckon, Well, I'd love love it if
we got our mojo back. I mean, you know, some
of these rules are really there to protect us from ourselves,
you know, in terms of the loan to value ratios
are another one. You know, it is important that people
don't take out more debt than they can realistically serve uce.
So I think with the triple CFA changes, he said

(01:15:41):
LVR rules, the Reserve Bank is loosening them only a
little bit, so they're not as heavy handed in terms
of the size of the deposit that you need when
you borrow money. But then they are introducing a new
rule which is requiring you to have a certain amount
of income compared to the debt that you want to
take out. That's those debt to income rules that have
been debated now for many years. So there's quite a

(01:16:06):
cocktail of things happening in the background. The thing that
I think everyone is looking out for is interest rates
and interest rate cuts and whether the first i CR
cut will in fact be in coming months.

Speaker 2 (01:16:17):
Yes, But at the same time today we hear about
inflation in Australia and we're expecting interest rate rises over
there to the four percent level. So you know, you know, boy,
it is a big milanch. Hey, Jiney, I thank you
so very very much for your time today, Jane Tibrashaney
Tim Triny, who is our well in to business editor.
Now here's the other thing, of course, and I was

(01:16:39):
thinking about it while Jane was talking, is that most
of us are financially literate. Most of us don't take
stupid risks. Most of us are absolutely petrified about going
into a debt we can't pay back. A majority of
people are not a minority, I should say, are not
a minority, are financially vulnerable. And some of these are

(01:17:01):
written in a way to protect that small minority, which
is why they overstep the mark from time to time.
But it needs to be remembered. It is now six
twenty and this is news Talk's hib.

Speaker 1 (01:17:11):
Everything from SMEs to the big corporates, The Business Hour
with Andrew Dickens and my HR, the HR platform for
sme US talks.

Speaker 25 (01:17:20):
H B.

Speaker 2 (01:17:22):
Well, fascinating watching the women's triathan which is glowing in
the court of my studio. I note that they do
one lap and then they jump out of the water,
and then they run down and bridges and then they
jump back in again. It's almost like one dose won't
do it, but two. My though, they're now exiting the
water for the second time and climbing up some stairs,
so that means that the bike ride is about to start,
and then the run and then the men and the

(01:17:44):
men are kicking off later on tonight eight forty five,
as the type. Now, this is the Business Hour, this
is News Talk's HIB and I welcome to the program
our senior analyst from Milford Accip Management, Steffanie Bachelor.

Speaker 7 (01:17:56):
Good evening, Hi yah.

Speaker 2 (01:17:58):
Now you'd think that even bad times, people would still
be eating chips and there'd still be money in chips,
but apparently there isn't. With one of the world's largest
frozen French fry producers, Lamb Western, in some trouble today,
So tell us about that stuff.

Speaker 8 (01:18:13):
Yeah, that's right. So Lamb Western, which is the largest
French fry producer in the US. They've had a bit
of a rocky year. Shares were already down about thirty
percent this year before they reported financial results, and there
are a lot of investors thinking, you know, this is
starting to look pretty attractive and shares are looking pretty cheap.
But it's a great lesson in that the cheap can
always become cheaper. So shares actually fell a further twenty

(01:18:36):
eight percent on the day of the result, which was
the biggest one they move in the history of the company,
and so shares are now down almost fifty percent this year.

Speaker 2 (01:18:44):
The chips are down, they are they are What were
the key issues in the result that would cause such
a severe price reaction.

Speaker 8 (01:18:54):
Well, there are a few things going on. They've been
losing market share because they did a bit of a
software transition, and they also had a voluntary product withdrawal.
But the main issue is soft restaurant traffic. So people
are feeling the pinch from the cost of living crisis,
and with restaurants and fast food companies having raised prices
so much of the last couple of years, it's now

(01:19:14):
just too expensive to eat out, so people are choosing
to eat at home instead, and that obviously means a
lot fewer French fries are being bought. At the same time,
LAMB Wiston has been building new production plants, which isn't
great if the demand isn't there, and now they're actually
having to cut prices to try to.

Speaker 4 (01:19:32):
Win back some of that market share that they've lost.

Speaker 2 (01:19:34):
Are other producers of French fries or chips also seeing
the same thing?

Speaker 8 (01:19:39):
Yeah, So I mentioned lam Western is the largest one
in the US, They've got about forty percent market share,
and there are two other large players with about fifty
percent share between them, So it's a pretty cozy sort
of oligopoly. And what lam Western is saying is pretty
representative of the overall industry. But they've said they've seen
negative restaurant traffic trends before, but they've never seen them

(01:20:00):
this prolonged, and the trends are actually still continuing to
decline even over the last months, so it doesn't look
like there are any green shoots just yet.

Speaker 2 (01:20:08):
Yeah, and everyone's getting hurt. We reported earlier about the
report from McDonald's, which is that's aligning with what LAMB
Western is saying.

Speaker 8 (01:20:15):
Really, Yeah, so McDonald's one of lam Weston's largest customers,
and the result was also pretty weak. They actually had
their first global sales declined since twenty twenty, and they
said the consumers becoming increasingly pressured. They're really looking for value,
particularly in those lower income households, and following a lot
of those price increases, McDonald's just no longer seen as

(01:20:36):
a value option, so they're trying to combat this. They've
launched a five dollar meal deal in late June, and
management seemed pretty upbeat about the early traction from this,
but they did also kind of hint that there's going
to need to be more value going forward. And despite
the negative result of McDonald's shares were actually up about
four percent, which shows just how negative investors were going

(01:20:57):
into the results. So it was weak, but it wasn't
as terrible as they expected. So you know, sometimes the
share price reaction can be quite hard to pick quarter
to quarter.

Speaker 2 (01:21:06):
Thank you so much, Stephanie, senior analysts from Milford's Asset
Management Sefany Bachelor off, you go have some chips for dinner.

Speaker 21 (01:21:12):
Thank you, thank you.

Speaker 2 (01:21:15):
It is now six twenty six and they are riding
in the women's triathen and they're riding on cobbles, and
the cobbles are wet after rain, and it looks sippery,
so there's bound to be a disaster shortly. It is, Yes,
six twenty seven. I want to tell you a story
about COVID, flag flu bugs and behavior, if that's all right.
I have a son. He lives with me. He finds

(01:21:37):
me in the weekend. We're out of the town. He's
in town. He goes, I'm sick. And I said to him,
what have you got? He said, don't know. I said,
have you tested for COVID? No, all our tests have expired.
And I went, oh, bucker, okay, go get some more.
They're only three bucks. Now run about. Now, I know
what's happening. On the other side of the radio. There'll
be a whole lot of people screaming at me and saying,
why do you even bother dickens, Why do you even

(01:21:59):
bother he's sick? You know that, what's with the COVID test?
And why bother you? Big sheep you? I said, I'll
tell you why. When you test with COVID, you know
you've got a quite infectious with spiratory sickness. And it's
a good idea to keep away from people and not
to give it to them, particularly your father for instance,
who's doing the drive show this week for Heather and
really does not want to get sick. Right, So take

(01:22:20):
your buddy COVID test and find out if you've got it.
And then I asked him the question, what filthy bust
it gave you the LURGI mate? And he said it's
a woman who came to work coughing and spluttering, but
happy that it wasn't COVID because she tested and she
was negative. And I went, yeah, sure, great, fine, she
probably had flu. What a pity. You don't do a
flood test. You can't do a flue test. Why can't

(01:22:41):
you do a flue test? Because there's so many strains
of it, you can't do a flue test the way
you can do a COVID test. Right, But the flu,
just like COVID, is a quite infectious with spiratory sickness,
and it's a good idea to keep away from people.
But this woman didn't and came in coughed and splutt
it all over my son, who's now been off work
all week. Now. I don't care if it's COVID or
the flu or RSV or bronchitis, or or you've swum

(01:23:04):
in the sein. If you're sick, work from home. Try
not to splutter on people. Wear a mask if you want.
I won't. I won't judge her because that woman's and
this is the thing for businesses, and all businesses will
know this. That woman's foolishness meant my son has been
home feeling terrible, not working for three days. That is

(01:23:26):
not fair on his employer, and that is not fair
on or not good for our productivity. And a woman
has fallen off her bike in the triath and I
told you all that looks oh that looks bad news'
sported a few moments signs.

Speaker 3 (01:23:50):
If it's to do with money, it matters to you.

Speaker 1 (01:23:53):
The Business Hour with Andrew Dickens and my HR, the
HR platform for SME talks, it'd.

Speaker 29 (01:24:00):
Be you don't let you make this time bound myself.
Don't let you email me every week? Care if you
can't tell They said.

Speaker 2 (01:24:18):
It's Wednesday, the thirty first of July. I metred because
this is the Business Hour and hit us back on
Mondays she's on leave. I was talking about how we
just keep going to work when we're sick. Nice text
through saying, Andrew, if you're sick enough to feel that
you need to do a COVID test, and obviously you
know you are sick enough just to stay home. I
totally agree with that, But so many people don't. They

(01:24:39):
need to be told that they're sick, therefore they don't
go to work, you know, which is what changed when
COVID came along. And we stay getting the COVID tests,
and you get the test it's positive, you go, oh damn,
that means five days off, which you don't feel. With
any other respiratory disease. You get whatever you think is
the lurger. You don't quite know if it's it's the
flu or the ris or whatever. Any think Oh damn, Oh,

(01:25:02):
I'm pretty sure I can get away with it. And
then you go to work, and I just think too
many of us go to work too sick, and then
there's time of working from home. You should be able
to do it. And you would have thought, after all
the plagues, the black death, you know, the diphtheria and
the cholera and the everything, that we'd have a bit

(01:25:23):
better an idea of how to keep these infectious diseases
to ourselves. But we don't because all we want to
do is see people and give them a big hug
and give them our bugs. Another text says Andrew, if
I get the flu, I need a sixty five dollars
medical certificate to take more than one day off work.
But I can't get the appointment for two weeks, so
therefore I take drugs and go to work. Can't just
say to you your employer has a false economy there,

(01:25:45):
because if you end out sick and you stay off
work for five days, well hello, you know if they
all get sick and take off work for five days,
well hello, there's your productivity gone. And apparently, to someone
who thinks my name is Tim, apparently there is an
more than one flu, COVID and RSV test available at Pharmacies.

Speaker 3 (01:26:07):
News Talk Zibby back to business.

Speaker 2 (01:26:11):
New home consents are at the lowest they've been since
twenty nineteen. According to Stat's New Zealand And the year
to June, there were thirty three thousand, six hundred and
twenty seven new homes consented, and that is down twenty
four percent. The number of consents for multi unit homes,
particularly apartments and townhouses, down twenty eight percent over the
same period. Christ Jewish based management consultant and construction sector

(01:26:34):
advisor Mike Blackburn is on the line and talks to me. Now, Hello, Mike,
good Andrew, how are you very good? I am not
surprised by this due to the whole supply costs and
inflation scenario and what's been happening with constructions. But what
are the factors that have meant this drop in consents?

Speaker 30 (01:26:52):
Well, look, building consent numbers are down right across New
Zealand and have been for probably the last eighteen months
or so. Look, probably the most important thing to remember
is that twenty twenty one and twenty twenty two were
absolutely all time record years for new residential construction in
New Zealand, and so even though building consent numbers are down,

(01:27:16):
they have come off extraordinarily highs. So what we're seeing
in Auckland, for example, is that building consent numbers a
year on year are actually down by forty six percent.
In Wellington they're down by thirty eight and in christ
Utes they're down by twenty percent. So all the major

(01:27:37):
regions are sort of feeling the same effects.

Speaker 2 (01:27:41):
There's a fluctuation, though, there's a waxing and a waning
of numbers because it depends on the developers freeing up
either greenfields or brownfields and then actually getting the money
in place.

Speaker 3 (01:27:51):
Look, that's true.

Speaker 30 (01:27:51):
You mentioned multi unit developments, and certainly in Auckland and
in Canterbury, or certainly in christ Church, multi use that
dwellings have been sort of the predominant type of new
construction that we've seen, certainly accounting for significantly more than
half here in christ Church for the last couple of years,

(01:28:12):
it's been close to seventy percent of all new construction.
Now largely that's been driven by the investor market. Obviously,
if we go back to when the last government changed
the tax aductibility rules, that drove people away from existing dwellings,
older dwellings to new construction, and so therefore the price
point of multi unit construction saw a significant boom in

(01:28:37):
that As the new tax rules come in, we'll probably
see mum and dad investors perhaps move away from these
newer units to some older units. Certainly, the cost of
construction construction inflation has been very very high over the
last couple of years. That seems to have sort of

(01:28:58):
waned a little bit. Most merchants and suppliers that I'm
talking to are saying that because the market is down,
competitive pricing is very much at play. But again, year
on year across all of New Zealand, we've seen the
cost of construction of building a new house increased by

(01:29:19):
about nine percent.

Speaker 2 (01:29:20):
Absolutely also the cost of actually getting your consents in
the first place. Funny enough, I actually bumped into a
lawyer today who said, I've just done a consent for
a big old department building. And I said, you mean
you've done the application for a consent and he said no.
Under COVID first Track legislation, I can actually do the
whole consent, so we have the ability to get stuff going,
but we just need the money in place and the

(01:29:43):
teaper materials in place.

Speaker 30 (01:29:45):
Well, look, that was one of the things. And I
was looking to what you said right at the start
of your show, where were talking about sort of the
economy and access to finance and those certainly major influencers
on the construction industry as to why we've seen building
consent numbers fall away for builders and developers. If I
get back to twenty twenty one and twenty twenty two,

(01:30:07):
when our interest rates were low and money was readily available.
You know, buying off the plans even before a builder
had started any sort of construction was really really commonplace.
Today you'd be there's literally no appetite for buying off

(01:30:27):
the plans, and so builders and developers are being forced
to fund the development themselves, which is another reason why
we've sort of seen a significant drop off in that
level of construction.

Speaker 2 (01:30:39):
So when will it pick up again? And I know, yeah,
I'm asking for your crystal ball, but yeah, give it
a question.

Speaker 30 (01:30:47):
Well, look, I wrote in my report in May that
I was starting to see some light on the horizon. Now,
what you've got to remember is that for most construction activity,
it generally runs between twelve and eighteen months behind a
change in economic activity, and there's.

Speaker 7 (01:31:09):
Always that lag. So I deal with a lot.

Speaker 30 (01:31:13):
Of land developers, and one of the things that I'm
starting to see is a lot more interest in what
is likely to happen in the economy, because again, land
development takes place again twelve months, two years, three years
before any sort of residential activity. So I'm starting to
see an increase in an interest in development activity in

(01:31:34):
that market. Already, I believe that the building consent numbers
will remain flat through till at least the end of
the year. But of course the smart developers are starting
to anticipate what that change in the market is likely
to be and will be starting to gear up their
activity now.

Speaker 2 (01:31:53):
Any turn in the economy, any drop in the interest rates,
combined with the high immigration, will actually go force people
to go, Ye, there's different the market there that wants
a house and where we go. That's what I'm hoping, Mike.

Speaker 30 (01:32:04):
Look that, Look that's absolutely true. And you mentioned immigration.
So if you look at the latest immigration over the
last twelve to eighteen months, we've had an influx of
people of summer in the vicinity of a one hundred
and forty thousand people. Now they're not they're here for
medium to long term, so they're not staying in motels
and Airbnb, and they will all need rental accommodation or

(01:32:27):
ownership accommodation. So that's the equivalent of another forty five
thousand houses that we need over and above business as usual.
So the next couple of years I see as very
very positive for residential construction right across New Zealand.

Speaker 2 (01:32:42):
Loving that, Loving that, Mike, Thank you so much. Mike,
Beckburn Crass It's based management consultant and construction sector advisor.
I did a very positive positive editoril earlier today about
the economy and I had some people get nice. It's
nice to hear positive thoughts. And we're not at the bottom.
The bottom is miles away. Certainly not at the top either,
but we're turning. Get your mojo back to New Zealand.

Speaker 3 (01:33:06):
Crunching the numbers and getting the results.

Speaker 1 (01:33:09):
It's Andrew Dickins with the Business Hour thanks to my HR,
the HR platform for sm on us talk sib okay.

Speaker 2 (01:33:17):
It's twelve to seven and were welcome from the UK.
Kevin Gray, Hello, Gevin, Oh, I thought you were on
a different line. Hello Gevin either Andrew all right? Southport?
Of course the three kids now that were knife to death.
We get thirty nine police officers injured after unrest broke

(01:33:38):
out at a vigil. Now what's that about?

Speaker 31 (01:33:40):
Yeah, what extraordinary scene. So that there had been a
peaceful vigil in Southport, Northwest England to commemorate those who
were the three who were killed, plus those who were
injured and remain critical in the hospital following the stabbing attack,
and then later in the evening just a short distance away.
Some extra violence broke out in Southport and what has happened,

(01:34:03):
Andrew sadly is police have been unable to give much
in the way of details of the main suspect. We
believe him to be a seventeen year old. We believe
his parents to be Rwandan and he was born in
the UK, lived in Cardiff, then moved to Southport. But
it was rumored on social media and such like that

(01:34:23):
he was an illegal migrant had come over in a
small boat. Q of course, anger from the right and
indeed action from the far right, it is believed who
started to gather around the local mosque in Southport, throwing
bricks at the mosque, setting far to cars and wheeleybins,
causing damage to a local convenience store. The police attended,

(01:34:46):
they were pelted with missiles, some quite big bricks and
missiles generally bottles too, and thirty nine have been injured.
Twenty seven police officers taken the hospital. Twelve were treated
and discharged at the scene, and police have put in
a what's called a sixty order, a Section sixty order
basically giving them the right to disperse anyone there. But

(01:35:08):
I'm afraid. Tensions remain very high, with the vast vast
majority of the town in mourning supporting one another, and
a small group believed not actually to come from the
town who have moved in believed to be from the
far right, and supporters of what's called the English defensely
chanting British till I die sort of thing. You get

(01:35:29):
the picture, and I'm afraid some pretty awful scenes there.

Speaker 2 (01:35:32):
Classic classic social media misinformation. But here's the thing we saw.
I saw these rumors on social media from the moment
of the stebbing. From the moment of the incident, people
were making speculations about this kid and where they come from, etc.
And the longer that the police took to name and
to identify who the perpetrator was, the more this sort

(01:35:56):
of grew and mushroom within the minds of the deluded.
And has he been criticism of the police for keeping
mum on it for just too long and letting the
speculation brew until people became murderous.

Speaker 31 (01:36:08):
No, I mean it was fairly early on it was
said this is not being treated as a terrorist incident.
And then it came out, of course that the suspect
is from Rwanda. But police were quick to say he
was born in this country. You know, so I've been
in the court between a rock and a hard place,
because legally, of course in this country, until you're in
that court for the first time and you're charged, then

(01:36:31):
you are, you know, have the right to that anonymity.

Speaker 2 (01:36:34):
Oh, it's a tragedy for everybody. Apparently. The dead, the
appearance dead was a Christian, hardworking father, stay at home mother.
They were very, very normal. The kid was quite reclusive
and the boy was born in Cardiff and they've been
here since two thousand and six. All right, we have
a separate incident in the southeast of England. Six people
are risted ina. Now what's happened there?

Speaker 31 (01:36:54):
Yeah, I mean quite extraordinary on the same night. I
dare say part of the extreme heat that we've been
having with temperatures for up and over thirty celsius might
have got people slightly agitated. But again really this was
quite a nasty disorder in South End on Sea, which
is down to the southeast of England. Police putting another
dispersal order there. There were problems at the city's seafront.

(01:37:17):
South End on Sea, of course, right by the sea
down in the Essex area and also on the high
street appeals for calm. Now, nobody quite short what kicked
all this off, and actually that's part of an investigation,
but it thought lots of people came into the area
on the UK's hottest are of the year to get
by the beach and perhaps that's where they when the

(01:37:38):
pictures I've seen certainly suggest some sort of gang problems
with it. Members of the public dispersed by about eleven
thirty at night, with the order disorder having begun some
four and a half hours earlier. Lots of young people
involved in this, so you know, one does begin to
wonder if that was gang related, but either way, some

(01:37:58):
very unpleasant scenes for local residents who are used to
a much quieter town.

Speaker 2 (01:38:02):
We only have a minute theret but we actually had
a Selik committee about television and now State TV today
and the State TV came out and seid basically the
days of teristal TV on your Telly are numbered. And
you've got some statistics tell of the UK about viewership
with the youngsters, which is quite worrying for.

Speaker 31 (01:38:19):
Television, indeed very worrying. So we're looking at a sixteen
to twenty four year olds, the so called Generation's Z
less than half of them in the UK and now
watching traditional TV. That's live programming but also catch up programming.
On a television set of home. Just forty eight percent
tuned in on an average of last week compared with

(01:38:40):
seventy six percent five years earlier. They're only watching an
average of thirty three minutes a day. That's down sixteen percent.
That's not good for TV traditional.

Speaker 2 (01:38:50):
Kevin Gray from the UK, I thank you for your
time at A sixty seven. It's news talks.

Speaker 1 (01:38:53):
It'll be whether it's micro microbe or just playing economics.

Speaker 3 (01:38:58):
It's all on the Business Hour.

Speaker 1 (01:39:00):
With Heather Duple, Cy Ellen and my HR, the HR
platform for sm used talk.

Speaker 2 (01:39:05):
Zippy and said I'm done, I'm out of here. Of
my thanks to Andy Duff for being the executive producer today.
Also Kinzie and Ants Melicach Anthony mid Such is playing.

Speaker 32 (01:39:15):
Some music Landslide by Fleetwood Mac to play us out tonight.
Fleetwood Mac is putting out a new album, Andrew, I
don't get too excited. It is a live album from
their eight nineteen eighty two mirage tour.

Speaker 2 (01:39:26):
Cour So Yeah.

Speaker 20 (01:39:27):
They put the.

Speaker 32 (01:39:27):
Album came out in nineteen eighty two they did took
it on tour. So the album, the selling point is
that there's going to be six unreleased tracks on it. Well,
they're not unreleased tracks, they're unreleased performances of six of
the songs from that nineteen eighty two tour. But you
something you've heard before. This is one of the songs Landslide.
This will be, there'll be a new version.

Speaker 2 (01:39:46):
Of It's Beautiful as a steviy X classic. And of
course there will be no more footwooll Mac. They've said
it because Christy McVeigh is gone. That's a nice choice.
It's love You a song, turned it up, Bye bye, everybody.

Speaker 28 (01:39:55):
You love, legend in snow double tea well last load.

Speaker 8 (01:40:03):
Down and if you.

Speaker 3 (01:40:06):
See my Fletcher snow Coverty.

Speaker 6 (01:40:14):
Well lads lad.

Speaker 3 (01:40:15):
Bring down, oh.

Speaker 28 (01:40:20):
Lest lad, Bring in Dawn.

Speaker 1 (01:40:27):
For more from Hither Duplessy Allen Drive, listen live to
news Talks it'd be from four pm weekdays, or follow
the podcast on iHeartRadio.

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