Full Show Podcast: 5 August 2024

Episode Transcript
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Speaker 1 (00:02):
Pressing the newsmakers to get the real story.

Speaker 2 (00:04):
It's Heather Duplicy Ellen Drive with One New Zealand let's
get connected.

Speaker 3 (00:10):
Us folk said, be Hey, good afternoon, Welcome to the show.
Coming up today, Australia's just raised its terrorism threat level
this afternoon from possible to probable. We're going to find
out why government's finally made a call on those stupid
infant formula rules. We're going to chat to the Minister Responsible,
Andrew Hogart. He's with us after five, and we'll also
get you across the latest in the Polkinghorn trial with
our reporter who's been in.

Speaker 1 (00:30):
Court, Heather due for c ellis.

Speaker 3 (00:33):
I almost can't believe that there are people who have
a problem, apparently with the idea of partially privatizing Kiwibank.
And as far as I can see, this is absolutely
a no brainer. And by the way, the reason that
we're talking about this again is because Nikola Willis gave
a speech on this at the weekend. Now, the fact
that she gave a speech on this at the weekend,
I think you should take as a pretty clear indication
that she plans to do something in this space. Whatever

(00:53):
it is. She's gonna do something with Kiwibank. Otherwise she
wouldn't be wasting her time and effort and possibly some
political capital raising this thing again. Now, why I think
this is a no brainer is, for a start, we're
not actually privatizing or selling, well, we are privatizing, We're
not selling part of kwibank. Okay, it's not like we're
giving some of it away in exchange for money. We

(01:14):
are adding to it in exchange for money. What it
needs is more capital. It needs more money put in,
so an investor or investors will obviously chuck money into
KEII Bank in exchange for ownership. US tax payers currently
own one hundred percent. We're not going to own any less.
We're just going to own a chunk of the same
amount of what will be inevitably a much bigger bank.

(01:35):
This is what the Commons Commission says we need to
do to increase competition.

Speaker 4 (01:39):
Right.

Speaker 3 (01:39):
We've whined about this and winged about this for the
longest time. How the Aussie bank's dominating our banking sector.
This is what they say we need to do.

Speaker 5 (01:48):
Now.

Speaker 3 (01:48):
I don't believe that this is going to be a
game changer overnight, necessarily, even in the long run change
things in a really, really big way. I mean, I
don't think we're talking about Keewebank going toe to toe
on the same level as these banks, because even if
it gets this investment, it will still be small in contrast,
but it will help Kiwi Bank to get a little

(02:08):
bit bigger, go a little bit closer to being able
to compete with these guys, and it needs the money
to improve. Frankly, it's a crap bank. Have you banked
with keep a bank? It sucks. I tried banking with
it because I wanted to be you know, I wanted
to be a good patriot. And then I kind of
was with them for a little while, and after a
while I just got frustrated with the level of ken
I shut down my bank accounts and I haven't looked
back ever since. That's what they need money for, right

(02:30):
in order to be able to improve themselves. And we
new Zealanders on the other side actually need more things
to invest in them. If you have a look at
the sheer market at the moment doesn't actually have that
much on offer. Now, I am slightly jumping the gun
here because I don't know what Nikolaulus actually plans to do,
and we're going to talk to her later in the
program about that. We don't know if it's going to
be partially floated on the INSIDEX or if it's simply
going to be a case of inviting in a big

(02:51):
guy like the Superfund or something like that. Personally, I
hope for a partial float. I think that's a great idea.
The only reason that I can imagine that people have
a problem with this is because the phraser's asset sales
and privatizations have become dirty things since the eighties and nineties,
and when people hear that we're planning to do something
like this with something that public owns, they engage their

(03:12):
lizard brains and they start freaking out and they just
don't think about it. But if you actually examine the
case for beefing up Kiwibank and bringing in other investors,
I think it makes perfect sense.

Speaker 1 (03:21):
Heather Dupe see out.

Speaker 3 (03:22):
Nine two ninety two is the text number. Let me
know what you think. Standard text fees applied. As I say,
Nichola willis the woman behind the idea. So thus after
six o'clock, so we'll find out what she's up to now.
On another subject. Patient advocates are furious because of a
drug company offering a small group of CAS cancer patients
early access to a new cancer drug. Problem as Health
New Zealand has blocked this so far, Mack agreed to

(03:43):
fund the medicine key Truder from the first of October.
You'll remember that cancer patients really stoked about that. It's
designed to treat five cancers with this round of funding,
head to neck, triple negative, breast, colorectal bladder, and Hodgkin lymphoma.
The drug company has now offered to give twenty to
thirty patients free access in the meat time. But how
New Zealand has blocked it, saying the rollout is planned
for October needs to be done on the basis of need.

(04:05):
Patient voice outs here or a chair Malcolm le Holland
is with us. Now, hey Malcolm for a start, Why
did the drug company offer it to these twenty to
thirty patients.

Speaker 6 (04:16):
My understanding is that that happens quite a bit. So
if a drug company knows that a drug is going
to be funded in the interim, they'll offer an early
excess scheme giving the drug for free. And so this
has happened in the past again with the same company
for the same drug, this time for Lunken. So they
did that last year in the lead up to it

(04:36):
being publicly funded by Farmik, So this is nothing new.

Speaker 3 (04:39):
Why do they do that?

Speaker 6 (04:42):
It's a very good question. I suspect it's probably because
they want to get the product to market as soon
as they can, and they want the patients to be
able to access that treatment predibly. If you diagnose them
with a net timeframe, they're able to get the product.
That means they'll continue on once the funding kicks and
so perhaps that's their motivation.

Speaker 3 (05:00):
Why did House New Zealand block it?

Speaker 6 (05:03):
Look, that's a great question. I can't, for the life
of me figure this out, not even on the basis
of need. You can have any criteria other than you
go and see an oncologist, you are told you have
a particular cancer and they to you this is the
best drug publicly available. This is the drug that you need.
So to me, the whole need argument doesn't steck up.

(05:25):
It's neither here nor there.

Speaker 3 (05:27):
Yeah, it doesn't make any sense. Welcome, because what we're
getting is potentially free treatment for twenty to thirty people.
We should be grateful for that.

Speaker 6 (05:33):
Shouldn't we Oh, absolutely we should. That's exactly what it is.
That's free, and not only that it face the text
payer money because when it's been impused in the clinics
in the public system, the amount of time that a
patient goes there for an infusion for coe Tree that
is less and it's also less time spent in the

(05:55):
infusion clinic, which frees up seats for other kens to
patients that need the likes of tenure drugs and the like.

Speaker 3 (06:01):
Yeah, Malcolm, is it possible? I mean we're talking about
so we're right the start of August, so August September,
and it's not until October that this actually kicks in
through the health system. Those two months that these people
would otherwise be treated with key truder, is it possible
that their health will deteriorate in those two months to
a point that might be I don't know, fatal.

Speaker 6 (06:22):
It depends on the patient, to be honest with you,
and when they're diagnosed, it would be really hard to
sort of say carte blanche that that would be the case.
Where my heart really bleeds though, is for those in
the next two months who are diagnosed with either head
or neck cancer cholarectual or triple negative because the criteria
is such that they can only access Key Treator as
it's prescribed as a first line treatment. That's the criteria

(06:44):
fit by Clarmak. So if they're diagnosed and the oncologist says, look, sorry,
it can't give you Key Treator, but I'll give you
a temode drug, that means when it comes to the
second or third line treatments down the pathway, they can't
access Key Treager anymore because it wasn't given to them
as the first line treat an option.

Speaker 3 (07:00):
Is it possible that Health New Zealand have said no
to this because what the drug company is giving is
two months free access and then after that the public
health system has to pick up the key true to
cost for these twenty to thirty people. Is that what
the problem is?

Speaker 6 (07:12):
No, I wouldn't think so, because they would have predicted
these numbers anyhow, you know. So that's the basis on
which they conduct the negotiation. So it shouldn't come as
any great surprise that they're going to be ex amount
of patients needing this particular drug.

Speaker 3 (07:27):
Malcolm, thank you for talking to us. We'll never really
understand how New Zealand. As much as we try, I
appreciate it. That's chair the chair off patient voice, altiet
or Malcolm mulholland. Now, over the last week that gender
out the Olympics has really kicked off in the boxing world,
hasn't it.

Speaker 5 (07:40):
So.

Speaker 3 (07:41):
The Algerian Olympic boxer who's at the center of this
has now given an interview overnight to SNTV, which is
like the sports video partner of the Associated Press. She
said she's being bullied and it needs to stop. She said,
I send a clear message to all the people of
the world to uphold the Olympic principles and the Olympic Charter,
to refrain from bully all athletes because this has effects,

(08:01):
massive effects. It can destroy people, it can kill people's thoughts,
spirit of mind, it can divide people. And because of
that I asked them to refrain from bullying. Now, she says,
her family are worried about her and hopefully what's gonna
happen is that she wins a gold medal and that
would be the best response. I'm not sure that that
would be the best response given the situation, but she
obviously feels it would. Then she was asked, this is

(08:23):
the interesting thing. She was asked whether she was whether
she had undergone any tests other than doping tests, as in, like,
have you gone we undergone any gender tests? And she
refused to answer the question. Didn't want to talk about it.
Now she's gonna be this is going to kick off
again tomorrow Wednesday, kind of because she's fighting again tomorrow
against a tie boxer, and if she wins the spout,

(08:44):
then she fights for a gold medal on Friday. So
we will have more to say on that, I'm sure.

Speaker 7 (08:48):
Sixteen past four, Digging deeper into the day's headlines, it's
Heather duper c Allen drive with one New zealand one
giant leaf for business use talk'd.

Speaker 3 (08:58):
Behither we joined Kiwibang. We never looked back. I'm not
sure what happened to you, but we've had nothing but
professional assistance. And we even know our bank manager. She
is Cheryl, Cheryl good on you do you know what
I think it's got to do with who you bank with? Already?
I bank with asb asb as just amazing. I don't
their app is amazing. They're fast banking thing. I don't
even know what you call it. It's just amazing. The

(09:18):
whole thing's amazing. And so the problem is because I'm
getting at five star service. When I went to my
little three star Kii Bank, I was like, oh no,
this is not good. So maybe you just had a
crappy provider before and Quey Bank look good for you.
It's entirely possible. We're just having that like relative experience.
Nineteen past four, Elliot Smith News Talk, sai'd be Olympics
commentators with us. Now, hey are it? Hey, Heather, So
we've got a little bit of problem with sickness because

(09:39):
of the sin, have we Yeah?

Speaker 8 (09:42):
Has anyone surprised?

Speaker 6 (09:43):
Is it?

Speaker 5 (09:43):
You know?

Speaker 8 (09:44):
Well, I could have told you. I told you the
week ago, or I told you months ago. Really that
if you're swimming an infested E Coli swimming for the triathlon,
you were going to come out. People are going to
come out on the other side feeling a bit.

Speaker 4 (09:59):
Sick, you know.

Speaker 8 (10:00):
So let's just repeat that all again tonight from six o'clock.
Absolutely ridiculous. It was in the Seine in the first place.
But look, I'm not surprised that people are feeling sick.
I'm perhaps a little bit surprised that there haven't been
more feeling a little bit under the weather after that's
what they went through. I'm still not exactly sure why
organizers are proceeding with it. But here we are at

(10:22):
six o'clock tonight, New Zealand and whole host of other
teams getting into the triathlon mixed relay and look at
I just you know, you've got to shake your head
at the IOC sometimes with their bone headed decisions. This
is another one and we will be glued to the
TV tonight see if New Zealand's got a chance in
the mixed triathlon, and glued to the radio commentary as well.

Speaker 3 (10:43):
Yeah, what else have we got going on? Have we
got any metal chances over night?

Speaker 8 (10:47):
I openly there is a couple of outside chances. To
be honest with your Heather, have you seen the Klia Cross.
I'm loving this. It's like demolition Derby for boats on water.
It is absolutely ridiculous. Had the pleasure of commentating at
a couple of nights to go. It's like Luca Jones
going down the K one canoe slalom, but he add
in three other boats and they're all allowed to hit
each other. They're all allowed to bump each other out

(11:08):
of the way and the winner at the finish line
basically wins or progresses through and got the metal races
for that coming over night New Zealand. I think with
Luca Jones has got a pretty good shot. She won
on the test event there last year. She was pretty
good in the last couple of nights, so it all
comes down to the medal races and overnight and look,
a bit of Achille elbow here or there or a

(11:30):
bump to the other boats doesn't go as straight, does it.
So looking forward to that and I reckon they're an
outside chance Luca Jones and Fin Butcher of adding to
the medal tally. We've got Pole vault as well with
Eliza McCartney as well. Hasn't be going in necessarily her
best form, but she's back at the start line eight
years on from that wonderful Rego medal that she got,

(11:50):
so we're looking forward to seeing that tonight as well,
and hopefully a chance maybe Eve an outside metal again
but not coming in the best of form, but afford
to see you back on the start Lung and Law,
did you see.

Speaker 3 (12:02):
The guy who was doing the high jump who knocked
the bar off with his Willy.

Speaker 8 (12:06):
I did see that. You've seen that go around, Kate.

Speaker 3 (12:10):
I mean, that was pretty impressive. But the question I
had immediately was why didn't they think, like, obviously that
was going to happen. Why didn't they think about something
that kind of compressed all the lumps and stuff. You know,
some clothing that's strap in.

Speaker 8 (12:23):
Yeah, yeah, absolutely should have been strapped in.

Speaker 9 (12:25):
Should you know?

Speaker 8 (12:26):
You think if you're operating with that sort of thing,
you need to sort of tuck it in somehow. You know,
there's there's wonderful people in sports where working on compression garments, right,
you know, Skip two XU skins, whatever brand you want
should have been sort of compressing that you know in there.

Speaker 3 (12:42):
Yeah too, right, Elliott, we need to go and help
them out. I love that. I love that. I'm back
for one day and I've got you talking about Willy's
on air already. Hey, quickly on something serious. How amazing
was that one hundred meter run though? Because that was
tight today?

Speaker 8 (12:55):
Honestly, I reckon it's the best one hundred meter final
I've seen in terms of, you know, an actual one
hundred meter tight race. That's what we want, Titus Since
nineteen eighty they're calling it, and that was went down
to the hundreds of thousands of a second again this
morning and the uncertainty after the finish line we're seeing
Usain Bolt absolutely coast to victory. This was a completely

(13:16):
different one and you know, having the tension, the drama
ramped up as we didn't know who had won. I
thought it was spectacular. That's what the Olympics are all about.
And you Noah lia I was winning, but it could
have been you know if he look it was the
torso that won at not the the foot of the
other bloke and could have happened differently on another day.
Wonderful race and that's what the Olympics is all about

(13:36):
for me.

Speaker 3 (13:36):
Good on you, Hey, thank you. Elliot appreciates Elliot Smith
News Talk XABI Olympics commentator. If you haven't seen it, it
was a Frenchman who was jumping the high jump and yeah,
you'd think that you would think about that like that
is the most unfortunate kind of part of your body
to knock the little bar off a You'd have thought
that they would have because they think about everything nowadays.
They've got the skins on for the swimmers and they've
got like painted on shoes and you would think as

(13:58):
somebody thought about that and was like, hm, that's not
really aerodynomic. That looks like that looks like a catching
problem right there. Four twenty three.

Speaker 2 (14:05):
Digging deeper into the day's headlines, it's Heather dupic Alan
drive with one New Zealand.

Speaker 1 (14:11):
Let's get connected and use dogs.

Speaker 3 (14:13):
That'd be twenty six. Listen. Christopher Luxon's busy holding his
post cabinet press conference at the moment. He's been questioned
about what's going on with those infant formula rules. You
remember we talked about this about a week and a
half ago, how stupid they are. He has just confirmed
that we've decided to opt out of these rules. These
are the rules that govern New Zealand and Australia.

Speaker 10 (14:31):
We have agreed to opt out of the joint Infant
Formula standard with Australia. Our view is that we're opting
out of that because we have about one point eight
billion dollars worth of infant formula that we sell predominantly
to China, a little bit into Australia. And you know,
we looked at those two small parts of that overall
package and said, look, we can't support those things if
it ends up undermining our ability to sell export sales

(14:53):
to other parts of the world.

Speaker 3 (14:55):
Now, if you will, what are we talking about. What
this is is that we are governed our foods in
this country and in Australia, governed by the same body
food standards Australia and New Zealand. And they had decided
that the rules now need to apply to the formula.
Tins like this are going to be white labeled, kind
of like packets a Ciggies because they're as dangerous apparently
as packets are Siggies, right, not of course not, this
is ridiculous, but like the packet of Siggies that all

(15:16):
look the same regardless of what the brand is. That's
what they're going to do to the infant formula so
that you don't want to give them to your kids.
You want to give them boot milk and steared basically,
and then some of them are going to be taken
off the supermarket shelves. Now we from what we understand,
our Minister Andrew Hoggard went into the meeting saying we
want to have a review of this, just have another look.
It didn't change these rules don't make sense, and the
Aussies are like hell bent on doing them. So he

(15:38):
got nowhere with it. So today cabinet has decided to
opt out. Now it's take. They've really thought about this.
It's been complicated, and I suspect that there are unintended
consequences here. So we're going to talk to him about
that after five o'clock and just get the take on it. Geez, Heather,
We've just had two hours of talking about poor maths
and now you're saying if people put money into Kiwibank,
we still own it all wrong. No, mate, it's like this. Okay,

(16:00):
let's say Kiewibank's worth ten dollars right now, and then
you get another investor to put ten dollars in. We're
not going to lose anything. We still own ten dollars
worth of kiwibank, and the other guys just owned ten
dollars worth. That's what I'm saying. We took to Nicolawllas
about that.

Speaker 2 (16:12):
After six.

Speaker 1 (16:16):
The day's newsmakers talk to Heather first.

Speaker 2 (16:19):
Heather dupleic Alan drive with one New Zealand, let's get
connected and news talk z be.

Speaker 3 (16:26):
We were a bottle fun, not fast well, we'll follow
Tedison standing by to be with us out of Australia
in just a few minutes time, and then we're going
to go to Barry Sofa and cover off politics in
ten minutes. Australia. Now, this is quite interesting. Australia has

(16:48):
just in the last as I told you at the
start of the program, just in the last few hours,
it's raised the country's domestic terror threat from possible to probable.
It says the risk of violence in Australia is increasing
and more people are being radicalized at the moment, and
obviously the numbers of people being radicalized to you know,
such that they are worried that these people will actually
carry out threats in Australia. Now they are saying that

(17:09):
what's going on at the moment in Gaza, and if
you've been following what's going on in Gaza and you
know that it's whipped up a lot of feeling around
the world, a lot of protests, all of action and
stuff like that, fair bit of anti Semitism and probably
even going the other way as well. They say that
is not the reason for the raising of the terror threat,
but it is a significant driver of it. So We're
going to have a chat after five o'clock to Greg Barton,

(17:31):
who's a terrorism expert at Deacon University, and he explained
exactly what's going on here. It's twenty three away from
five right now.

Speaker 2 (17:36):
Heather duper c Ellen, it's the World Wires on News
Talks Edy Drive.

Speaker 3 (17:42):
So at least one hundred and forty seven people have
been arrested in the riots across northern England this weekend.
Protest has broken to and then set fire to two
hotels that had been used to shelter asylum seekers. Here's
the UK Prime Minister, Sirkia s Tarma.

Speaker 11 (17:55):
I utterly condemt the far right thuggery we've seen this
Weekdent be in no doubt those that have participated in
this violence will face the full force of the law.

Speaker 3 (18:09):
Analysts and markets worldwide are worried that the US might
be about to enter a recession. There was a mass
sell off on the ASX this morning in response to
worse than expected unemployment numbers out of the States. He's
AMP chief economist Shane Oliver.

Speaker 4 (18:22):
It looks to me like the inflation scare we saw
earlier in this year in the US and more recently
in Australia has unnecessarily delayed monetary easing, and now, of
course the financial markets are starting to worry that that
needs a higher risk of recession.

Speaker 3 (18:38):
And finally, US presidential candidate Robert F. Kennedy Junior has
admitted to staging a hit and run with a dead
bear cub ten years ago. So RFK had picked up
the already dead bear off a highway and what he
was planning to do was skinnet and eaters. He's eating roadkill,
just to be sure that you understand what we're talking
about here. But then he was kind of running late

(18:59):
for flight, so it's like, I haven't got time to
skin and eat this, so I have to get rid
of it. And at the time, there have been a
few news stories of pedestrians dying on a new bike
lane near Central Park. So what he did was he
took the corpse there and then he tried to make
it look like it had been hit by a bike.
He's now come clean. In an interview with Roseanne bar
I was a drenk, of.

Speaker 12 (19:17):
Course, for people were drenking both men who fought this
was a good idea, and I had old bake my
card to ask me to get rid of it. I said,
let's complete the parents in Central Park and I'll make
it look.

Speaker 3 (19:30):
Like what a winner.

Speaker 2 (19:34):
International correspondence with Ends and Eye Insurance, Peace of Mind
for New Zealand Business.

Speaker 3 (19:40):
Oliver Peterson sixty hour Perth Live Presenters with.

Speaker 13 (19:42):
Us ALI get aheader and what do you make of.

Speaker 3 (19:45):
This raising of the domestic terrorist threat level.

Speaker 13 (19:48):
Well, the time is interesting and I say that because
you heard from the Prime Minister. The radicalization, particularly amongst
the youth, is one of these drivers for the decision
to increase the alert level for the first time twenty fourteen.
But we already had two terror attacks in the first
half of twenty twenty four You'll remember what happened in
the church in Sydney in Western Sydney, and you'll remember

(20:09):
what happened here in Perth in the car part.

Speaker 14 (20:11):
Now.

Speaker 13 (20:11):
Thankfully, in both of these incidents we are not talking
about mass terror events where multiple people die. Yes, in
the Perth instance, one person did die. But we've already
seen this playing out over the last few months. But
the Prime Ministers have stayed today that awful ideologies are
unlikely to go towards violence, that online radicalization in the
rise of the new mixed ideologies is what is prompting this.

(20:33):
I think we were talking about this a few months ago.
So I do just wonder why today, of all days,
AVO has raised the alert level. I'm assuming there is
more intelligence that there are other groups perhaps gathering or
individuals who are being brainwashed with this ideology. The timing
is interesting because we seem to have settled so we
thought so over the last couple of months.

Speaker 3 (20:55):
Yeah, it doesn't quite. I think the time in question
is a good one actually, And we may pose that
to greeg Bart and who's going to be that after
five because it does feel like a strange timing on
the situation with Israel. Israel and the death of the
aid worker. Why won't they apologize for this?

Speaker 13 (21:09):
Well, they're saying at the moment that the federal government,
that's the Australian government's response is a misrepresentation in how
these findings are being conducted. A serious failures in Israeli
military practices were responsible for the deaths of Australian aid
worker Lao Zawami, Zomi Frankom and six of her colleagues
in April. That's according to a report as was commissioned
here by the Australian government, but they said the strike

(21:31):
was quote not knowingly or deliberately directed against the World
Central Kitchen. Penny Wong has also said it was an
intentional strike by the IDF. But the Israeli embassy today
has said that they know that Australia had no investigative
authority or mandate and it included misrepresentations amidting crucial details
about exactly what was conducted. So while it might just

(21:52):
sound is that there's some technical issues if you like.
Obviously the Israeli military is not going to acknowledge an
Australian government report saying they haven't got all the details
and I've got all the information. Therefore they're making no apology.
But it's rising tensions between the two governments and what's the.

Speaker 3 (22:07):
Rising to what point? What would be the worst case
scenario here?

Speaker 13 (22:11):
Well, it would be interesting to see how far this
would go, because we do know that the Australian governments
is not as false right with the position, if you like,
in support of the Israeli government. We saw the Opposition
leader Peter Dutton as a guest of the Israeli governments
over in Tel Aviv last week. Penny Wong and Anthony
Alberzi want to be very keen to not try and

(22:32):
upset anybody in this process. Obviously, the Australian government officially
will not say that it is working towards a two
state solution. That is what you obviously hear from the
Labor Party. That is a Labor Party policy. But without
trying to put everybody's noses out of joint here head,
it does appear as over strong relationship that Australia had
with Israel that has certainly been weakened under the Alberzi

(22:55):
governments leadership. But again they don't want to try and
upset the Israeli governments because they're just trying to walk
this very very fine line in relations.

Speaker 3 (23:04):
Yeah, fair enough, Okay, how far can you go with
fifty cents on public transport in Queensland.

Speaker 13 (23:09):
Wherever you want? Because as of today, and wouldn't you
think this is a great idea that all public transports
would just be fifty cents If you want to get
on the train and go for an hour on the
metropolitan area of Brisbane, go for it now, head, the
Queensland government is broke. There is a state election up
in the Sunshine State later this year. Premier Stephen Miles
has tried to give everybody a thousand dollars which he

(23:30):
doesn't have, towards electricity bills now fifty cent public transport.
He is trying everything he can to save as many
six as possible. It's only political with this bloke, and
it's a trial, and it's only a trial for the
next couple of months to see if people use it.
Obviously to get himself to the election. If he wins it.
He's getting rid of it because he realizes that he

(23:50):
got back into power. But he's not going to win it.

Speaker 6 (23:52):
He's going to lose the election.

Speaker 13 (23:53):
He's going to force it on the next government, the
next LMP government, to say, well, we'll introduced a policy
where it was cheap to get on the train or
the bar. Why are you doing it anymore? So set
up to fail this one.

Speaker 3 (24:02):
Yeah, yeah, I think you've seen right through it, Olie,
thank you so much. Appreciated, Oli Peterson six pr Perth
Life presenter. Here the men eat road kill all the time?
What's wrong with that?

Speaker 1 (24:11):
Do they do?

Speaker 3 (24:13):
They eat that all the time? Were just some men occasionally? Mike,
thank you now the French are getting a really hard
time just speaking about the Olympics earlier. French, you're getting
a really bad rap for the state that the Olympic
athletes village is. And apparently it is so hot and noisy,
and we kind of have warned about this, right because
if you've been to Paris in the summer, it's a hot,
hot place. Is not a lot of air conditioning around.

(24:34):
Apparently it's so hot, but then also so noisy that
one of the Italian swimmers was spotted napping in a
park next to a bench. A Saudi rower saw him
and then took a photo and put her on social
media or whatever. This guy, by the way, who was
napping as the guy who won the one hundred meters
backstroke gold medal, right, so he's a serious athlete. In
the photo, he's lying right next to a bench and
there's back to the bench, sleeping on a towel. He's

(24:54):
got a shoes off, sock still on. Put the shoes
by the feet like little air like he's traveling like
he's a little airplane. It's a little shoes there and
he's got his bag by his head and he's just
lying there and having a snooze. This plus the food shortages,
plus the cramped conditions in the rooms, plus the lack
of air conditioning, plus also reports that the athletes are
actually getting food poisoning in there. It's really not looking

(25:15):
very good at all, and in the state of the
sin not looking very good at all for the French is.

Speaker 2 (25:18):
At quarter to politics with centrics credit, check your customers
and get payments.

Speaker 3 (25:23):
Certainty Barry Soper, Senior Political Correspondence with us A Barry,
Good afternoon, Heather, So thank god we seem to have
made the right decision about the infant formula rules right.

Speaker 15 (25:31):
Well, you know, for the Australian to try and impose
a blanket requirement on advertising to New Zealand on this
what is a very important product for this country is
plain and simple ridiculous. I mean, we've looked at it.
This has been an issue now for some number of
years and it's been looked at time and time again.

(25:52):
So they've decided New Zealand to opt out of the
food standard which is being imposed by Australia for the
Prime to Chris likeson though he said it was simply
a no brainer.

Speaker 1 (26:02):
Obviously.

Speaker 10 (26:04):
Our view is that we're opting out of that because
we have about one point eight billion dollars worth formula
that we sell predominantly to China, a little bit into Australia,
and you know, we looked at those two small parts
of that overall package and said, look, we can't support
those things. Again, we're taking a position that's acting in
New Zealand's national interests and you know, we are very
clear that we will opt out of it with the

(26:25):
joints stander with Australia because of those two components.

Speaker 15 (26:28):
Yeah, well, you know that makes sense, doesn't it. I mean,
we have to look after ourselves. And if you don't
have a white label, if you like, on infant formula,
it's ridiculous. I mean, people can make up their own minds,
and I think that's what the government's are going here.

Speaker 3 (26:43):
Yeah, absolutely, it is. Apparently what's going on in Australia
is that the ambrestor's best Nazis are much more molicant
over there than they are over here, which is why
the Australian government basically gave up to them. Yeah, buckle
to them. Yeah, it's probably the color of the government.

Speaker 15 (26:58):
Should credit mothers with bit more intelligence and they can
read labels like anyone else.

Speaker 3 (27:05):
What a novel idea. Women have brains listen. Australia raising
its terrorism threat level. The question, of course is why
now is this possibly pre empting retaliation in the Middle
East that could just make things even hotter?

Speaker 15 (27:18):
There is that And what they say out of Australia
is that security officials they've investigated eight incidents in Australia
for alleged terrorism or possible terrorist links and as a
result they've up their rating from possible to probable. And
of course that will see in the shivers up the

(27:40):
Australian population, because you know, it is an issue for
the broader population. If you think that probably a terrorist
act could take place in this country, you only have
to look at Britain to see how bad it is
at the moment with riots in the streets and what
have you. But the governments will worldwide, you know, they're

(28:02):
very concerned about radicalization of youth and I think we
are too here. But we have what they call the
Combined Threat Assessment Group, and that's made up of government agencies,
obviously headed by the New Zealand Security Intelligence Service, New
Zealand Police Defense Force, GCSB and the likes m Fat,

(28:24):
they're all part of it. They last reviewed it in
February and decided that we would have a low ranking,
so New Zealanders don't have to be scared the way
Australians clearly have been told to.

Speaker 16 (28:35):
Good.

Speaker 3 (28:35):
Now, listen what has happened with the scarf in Parliament?

Speaker 15 (28:38):
Oh, this debate over what you can and can't wear
in Parliament is becoming ridiculous. Our role mate John Minto,
he's from the Palestine Solidarity Network. He's written to the Speaker.
He said that the Palestinian scarf, he said, he comes

(28:58):
as a surprise to him that it's now and a
piece of clothing in Parliament's public gallery. He said it's
unreasonable and untenable. And he said, then does the band
include the Jewish cap, the Turkish fairs, the English bowler
hat and the Mexican poncho.

Speaker 3 (29:17):
Come on, what is the political statement in the other zone?

Speaker 15 (29:19):
Well, exactly, I was going to say, for John Minto's knowledge,
that all those that I've just mentioned would be allowed
to be worn in Parliament. But the Speaker, I've been
in touch with him today, he said scarves haven't been
allowed in Parliament. That was news to me, I must say,
by the security people for some time, regardless of what

(29:42):
they represent.

Speaker 3 (29:44):
So who was trying to wear a scarf anyway?

Speaker 15 (29:46):
Well, a couple of pro Palestinian people tried to go
through security, I think it was last week into the
gallery that years and they were told to leave their
scarves in the box outside and then they could enter,
and they kicked up a So security will well and
truly within their rights.

Speaker 3 (30:03):
All right, Barry, thank you very much, appreciate it. This
Barry Sober, senior political correspondent, eight away from five, putting.

Speaker 2 (30:09):
The tough questions to the newspeakers, the mic asking breakfast.

Speaker 17 (30:12):
So the big headline out of the net to get
together over the weekend is that their new plan on
maths is being implemented. Early Education Minister Erica Stanford is
with us when you've got a union saying they do
it well and the results say that we don't.

Speaker 1 (30:24):
You've got to fight on your hands.

Speaker 18 (30:25):
Haven't you. Well, they're completely out of touch. And I
tell you what, I have been around the country for
the last couple of years talking with principles of high
schools and primary schools and they all agree that we
have a massive problem in maths. Nobody agrees with the
union apart from the union, and I don't think we
should be listening to them. Union's can to have their
heads in the sands. But I'm going to move on
despite that and implement our plans because it has to happen.

Speaker 17 (30:45):
Back tomorrow at six am the Mic Hosking Breakfast with
the Rain Driver of the Laugh News Talk.

Speaker 3 (30:49):
ZB five away from five, So we've got another day
of the pulking Horn trial now when even I'll tell
you what this This is gripping, isn't It's fascinating to
see what's going on here in the argument. Even on
a holiday last week, could not stop myself reading this stuff.
The stuff today seems to kind of focus on whether

(31:10):
there is any evidence that she was actually killed in
the bedroom, and it seems to be that this is
a bit of a weak point in the Crown's argument
that there is no evidence that she did die in
the bedroom. There's no blood in the bedroom or anything
like that. We're gonna have a chat to our reporter
who's been sitting in court for the whole thing thus far.
Chelsea Daniels will bear us in twenty minutes time talk
us through that. On the issue of the key true
to Drugs that we started talking about just at the

(31:32):
very start of the program, this is health news. This
is if you didn't if you weren't here for this.
This is the drug company offering twenty to thirty patients
the ability to get key trud to now for two
months before it's actually publicly available to Health New Zealand
saying no. We went to Health New Zealand to try
to find out why they said this. Originally they said
it wouldn't be appropriate while waitlists were being put together,

(31:52):
but they've just released a statement to us in the
last all I want to say fifteen twenty minutes or
something like that, saying we are seeking further advance on
this matter and have nothing more to add at this point. Now,
if they're seeking further advice and have nothing more to
add right now, it means that they are preparing to
do a U turn, which is great news for the
patients who want to be able to get a hold

(32:13):
of that. So just hang tired and see what they
say or have to say something quickly. And also on
the case of Lauren Dickison, now you would have caught
this in the headlines before. She is now appealing her
convictions for murdering her three little girls. There is no
the grounds for the appeal are not yet known. If
the appeal is successful, then she will go to a
second trial. I mean, it probably doesn't take a rocket

(32:35):
scientist to figure out that the grounds for the appeal
will be something along the lines I would imagine of
arguing much the same thing as before, which is that
she you know, she was in fantaside or a defense
of insanity or something like that. But why they would
want to like quite what the appeal will hinge on
will have to wait, so keep an eye on that
that will be coming by. I imagine we'll get that

(32:56):
detail shortlish as well. Straight after the news though, we're
going to go over to austral find out why they've
raised their terrorism threat level. Then we'll talk to the
food Minister, Food Safety Minister Andrew Hoggard about what on
earth is going on with these formula rules and what
the implications are, because I guarantee there will be something
here that's a little bit catchy for us, just a
little bit awkward news talk.

Speaker 6 (33:14):
Zed B.

Speaker 2 (33:29):
The only drive show you can trust to ask the questions,
get the answers by the facts and give the analysis.
Heather due to Celan Drive with one New Zealand Let's
get connected and news talk.

Speaker 1 (33:41):
Zed b.

Speaker 3 (33:44):
Afternoon. Australia has lifted its domestic terror threat from possible
to probable. The agency responsible for it, AZIO, says that
the risk of violence in Australia is increasing and more
people are being radicalized. Here's the Director General.

Speaker 19 (33:56):
A threat level of probable means we assays there is
a great mother than fifty percent chance of an onshore
attack or planning in the next twelve months. It does
not mean that we have intelligence about a current tax
planning or an expectation of an imminent attack.

Speaker 4 (34:12):
Now.

Speaker 3 (34:12):
Greg Barton is a professor at Deacon University and an
expert on violent extremism and with us now, Hey, Greg, hi,
good to be with you. Why have they done this? Now?

Speaker 6 (34:21):
They've done now because we're in a perfect storm. A
whole bunch of things have just got deadily worse over
the last two years since the terror at alert level
was dropped, and we're back to a point where it
makes sense to communicate to the public that behind the scenes,
the workload on counter terrorism has increased significantly and the
idea of these terror alert levels is that you reflect change.

(34:44):
I mean, you drop them when you can so people
don't tune out. But when you've got concerns, you communicate
to the public. And we're at that point now.

Speaker 3 (34:51):
Are they possibly pre empting what may happen in the
Middle East next?

Speaker 6 (34:56):
No, but what's happening in the Middle East adds to
that sort of febrile environment. Tragically passed three hundred days
of war in Ghars. That's been very brutal for po
little have been following along. It's just been harrowing to
see what's happening. And of course now we are concerned
that what has been a sort of a low key
proxy war with their own we'll see Iran proxies like

(35:17):
Hizbullah do something much more direct and so that's a concern.
The concern though, is what happens on Australian shores and
frankly really lone actors, individuals who decide to take things
out of the hands and do something.

Speaker 3 (35:28):
Your racing scale is a five point scale. You've just
gone from three to four. Would that seems reasonably serious?

Speaker 6 (35:33):
Is it Yeah, it's a five point scale, so top
end five means something's actually happened or is happening. Bottom
is something we don't think anything at all can happen.
We've gone from two to three. So the only sort
of way to go in terms of higher is specific
information about something being planned. So just batten down the
hatches or five. You know something's underway, stay put so

(35:58):
you know we're likely still. We were at this level
two years ago before it was dropped for eight years.
It went to that level in twenty fourteen with the
Islamic State color fact being declared, so late twenty fourteen
that sort of tells you something and not to say
we're at the same situation in twenty twenty four as
who were in late twenty fourteen, but you know, it's

(36:19):
pretty significant. You think back to those days when we
were horrified to see what if something state was doing
in northern Syria and Edi Ruk.

Speaker 3 (36:25):
Greg, it's good to talk to you, Thank you for
running us through. That's Greg Barton, Deakin University professor.

Speaker 1 (36:29):
Together due for Cee Allen.

Speaker 3 (36:31):
So the government's made the call to opt out of
propose new infant formula rules. Now these rules would have
led to the labels being removed from the infant formula tins,
some being taken off the supermarket shelves, altogether sold only
at pharmacies, doctors, nutritionist and so on. Two weeks ago,
Ossie ministers overruled New Zealand and voted to adopt the rules.
Cabinet has today decided to ditch the standards and develop
our own. Andrew Hogad is the Food Safety Minister.

Speaker 1 (36:52):
Hey, Andrew, hi hever, how are you very well?

Speaker 3 (36:55):
Thank you? Are you going to get You're going to
get in trouble with the OSSI's for this.

Speaker 20 (36:58):
I don't think so. I made it fairly clear in
the meeting that I mean, it's in the communicate from
the meeting that New Zealand would be considering its options
in regards to opting out. So they were pretty well
clear as to where we stood. And you know, we've
considered and this is our answer.

Speaker 3 (37:17):
When we opt out, are we opting out of the
whole code or just this particular part.

Speaker 20 (37:22):
Just well, we're opting out of this standard on infant
formula and saying that, as I mentioned last time, was
on you know, ninety nine percent of it is pretty
damn good. So in creating a new New Zealand standard,
we would be using all of that good stuff and

(37:42):
just where you know it's going to have an impact
on our exporters in the Chinese market, we would be
looking to have those that modification that works for us.

Speaker 3 (37:55):
What is the impact on our exporters in the Chinese market?

Speaker 20 (37:59):
H Well, I mean they've basically said that at the moment,
the two main companies involved A known in A two
that they're at a pretty competitive disadvantage to European companies
that are able to put a list of ingredients on
their tins. A two in particular was pretty concerned that

(38:20):
they couldn't advertise the fact on the front of the
tin that has made with the A two routing as
in the name and yes, so that they were and
they've shown the data over the last year how they've
been slipping in sales to particularly products from Europe. So

(38:42):
that puts us on a bit of an unleveled playing field,
or even more of an unleveled playing field with European providers.

Speaker 3 (38:49):
Okay, so now things should improve, But in terms of
us being able to then send infant formula over to Australia,
This will create a wrinkle, won't it.

Speaker 20 (38:57):
There will be a wrinkle, but I don't think it's
something that can't be worked through.

Speaker 3 (39:01):
It is our market of infant formula to Aussie.

Speaker 20 (39:05):
This is it's around one hundred fifty to three I
can't remember the exact number, but it's not as big
as the.

Speaker 3 (39:14):
Saying no, of course not. But are you saying one
fifty to three hundred million?

Speaker 20 (39:17):
I think it's one hundred and fifty million.

Speaker 3 (39:20):
That's massive, Okay, yeah, but there is.

Speaker 20 (39:23):
Ways around so we can basically, you know, all that's
required is they relabel it for Australian market.

Speaker 3 (39:30):
Andrew, are you sure like they're not going to have
to do a different run for the Aussies.

Speaker 1 (39:34):
It's just literally labeled from the same.

Speaker 20 (39:37):
Where we're focusing on the labeling the composition. Our intention
is to be the competition. The composition sorry to be
exactly the same, so there won't be an issue there are.

Speaker 3 (39:48):
The AUSSI is going to be decent about this because
they haven't been Like I mean, you went into that
meeting thinking you could get a review. They obviously were
not even up for being decent about that. Are they
going to be decent? About this.

Speaker 20 (39:58):
Look, there wasn't any mossity in the meeting, and I
mean to be fair for them, you know, they were
of the attitude that we've been working on this for
eleven years. The report says everything's fine, and they were
wanting to move on with it, whereas I was quite
concerned with the uncertainty. But there wasn't any animosity, So

(40:22):
I don't see any reason why there should be any
animosity going forward.

Speaker 3 (40:27):
Good, Hey, Andrew, thank you so much for your time.
Andrew Hoggard, Food Safety Minister, just had a text come
in saying here the Franklin's Public Plumbing today has gone
into receivership, eight branches across the North Island. How much
worse can this get? Because the building sector is already
on its knees. This is the case. I just had
a look on the website. Franklin's has been placed into liquidation.
All branches closed until further notice. All inquiries should be

(40:47):
addressed to the liquidators, and so on and so forth.
So that you go another one that you've got used
to having around for a very long time. Economy has
taken it down fourteen past five. Hey, now here's something
pretty special and in all honesty, it's probably going to
be one of the most jaw drop Central Otago Pino
no ideals are going to come across. It's available exclusively
at the Good Wine co. The wine is being sold
as the mystery premium Central Otago Pino No twenty eighteen.

(41:11):
Now the name of the Gibson Valley producer has to
be kept under wrapped. But due to tough economic conditions
and a slow down in export and premium while says
while Wine sales, they've relabeled and they've repackaged stocks of
their premium label Pino NOI that sells for much more,
and this wine is being urgently sold in an absurd
Get this fifteen ninety nine per bottle. Honestly, it's not

(41:32):
a mistake. This is Central Otago pino of quality you'd
never normally dream of picking up for fifteen ninety nine.
It's one hundred percent Gibson fruit, no finding or filtration,
twenty percent whole cluster fermentation, eleven months aging in twenty
five percent expense of new French oak. Basically, what I'm
telling you is you're getting a lot of pino for
your money here. It's a rich, luscious silky central Pino

(41:53):
that is quite honestly unbelievable buying for fifteen ninety nine.
And if you order right now, you're just gonna pay
a dollar perque's delivery to your door anywhere in New Zealand.
Conditions apply. So Premium central Otago Pinot for fifteen ninety nine,
completely mad, order online right now at the good Wine
dot cod on his ze will call eight hundred double
six two double six two. Ever do for see Ellen's

(42:16):
eighteen past five. Now we have entered the second week
of the trial of Philip Pulkinghorn, who's accused of murdering
his wife, Pauline Hannah. He's adamant that she took her
own life. Chelsea Daniels has been covering the trial for US.
She's with us. Now, hey, Chelsea, what was this morning's evidence?

Speaker 21 (42:30):
Well?

Speaker 16 (42:30):
Day six began with a cross examination of ASR forensic
scientist Fiona Matheson, who started her testimony actually last Friday.
This cross examination is a chance for the defense to
question the crown witness. Our defense lawyer Ron Mansfield's point
this morning was that there was a lack of bodily fluids,
hairs or blood spatter on the carpet in her room

(42:51):
or en route to where her body was found?

Speaker 22 (42:55):
Was there any blood other than that identified?

Speaker 23 (43:01):
See, only blood identified in this room was that that
we've just talked about on the sheet. The examinations of
the room included a luminal examination and no blood was
detected on any of the flooring surfaces.

Speaker 22 (43:18):
So noseplader, no smears, no drips, nothing, no blood was detected.

Speaker 16 (43:28):
Now a brown stain that we just heard there, we
learned about that last week on the fitted sheet of
the bed where Hannah had slept the night before she
was found to have been It was found to have
been polking horns and ESR didn't know how long it
had been there. There was no damage in the bedroom
or on that route where the body may have been
taken downstairs to where she was found.

Speaker 3 (43:51):
What have we here in the afternoon, So this.

Speaker 16 (43:53):
Afternoon's evidence centered around a dressing gown Hannah was wearing
when she died. It was white, made of terry toweling
and one size fits all. It was stained yellow from urine,
possibly which it looks like, which isn't unusual given just
before death or just after a body's muscles relax and
bodily fluids can be discharged.

Speaker 3 (44:13):
So a court saw.

Speaker 16 (44:15):
The court saw the photo of the gown where it
appears urine heavily stained across the back and the bottom
of the rope. Mansfield said, if someone was lying on
the ground when the urine was released, then the urine
would go between their legs and perhaps further up the
dressing gown. If someone was seated in a chair at
the time of death, then it would go down through
their legs onto the seat, moving down the garment.

Speaker 22 (44:37):
But here, if we look at the photograph, it appears
at the urine staining. If we look at the belt,
is underneath the belt down to the very bottom of
the robe.

Speaker 23 (44:48):
Correct, Yes, there is yellow staining on see what would
be miss Hannah's left side, towards the base of that front,
and then on her right side there is extensive yellow
staining covering the bulk of that lower side of the

(45:11):
dressing gown.

Speaker 16 (45:12):
You'll remember last week Mansfield mentioned that Polkinghorn had already
told police that he had found Hannah was sitting in
a chair when he found her with a ligature around
her neck. Mathison said, if Hannah died was sitting on
a chair when she died and urinated, you would expect
the chair would also be stained with urine, but the
seat of the chair was not swabbed for urine because

(45:34):
ESR doesn't have a chemical test whether or not urine
is present on an item.

Speaker 3 (45:38):
Chelsea, thank you very much, really appreciate you doing that
for us. That's Chelsea Daniel's reporter who's been sitting through
the case. And also you can catch Chelsea's full rap
on her podcast on this case. It's called Accused, the
polking Horn trial. You would have heard what John Key
had to say this morning about turning down the level
on race relations. David Seaman was going to have a
chat to us about what he thinks about is basically
in respond in around about seventeen minutes. It's five. In fact,

(46:00):
I've got something to say on it. Next five two.

Speaker 2 (46:02):
The name you trust to get the answers you need
Heather Duples c Allen Drive with One New Zealand let's
get connected and news talk as they'd be.

Speaker 3 (46:11):
Right on John Key's comments in the last day or
so about taking down the temperature on race relations, I
mean I largely agree with him, right. I think everybody
needs to tone this stuff right down on what they
say about race relations at the moment, because as we know,
race relations is really inflammatory, it really upsets people. And
when I say that I agree with him, I'm looking
at the Maori Party predominantly right now, because from what
I can see, no one else in parliamentary politics is

(46:33):
as reckless and inflammatory as these guys are. I mean
they're using words like genocide, are telling people when they
think that the people are not maldy enough, how offensive,
and they're using images of handguns and their social media.
I mean, they are the ones who are whipping this
up the most. So when we say turn down the
retric tone it down, it's really them who need to
be doing it the most. But where I part with

(46:54):
John Key is the sense that I don't think he
just means that we should take down the temperature what
is said. I think he also is saying we need
to take down the temperature on what is done. I mean,
he's openly critical of the Treaty Principle's Bill, and I
get the sense from him that he's also advocating basically
for the government to start pulling back on what it's
doing in this space as well, to take down the

(47:16):
temperature and I could not disagree with him more. This
stuff needs to be done. I mean sometimes you have
to do stuff that is uncomfortable, right, This stuff needs
to be done Maori wards on councils without democratic process
around that it actually to avoid democratic process, Let's be
honest about it. Is a bad idea that needs to
be removed. Section seven AA in the oldong Atomitiki Bill

(47:37):
is basically a treaty principle which needs to be removed
from the law because otherwise we will continue to see
little Maori kids being removed from stable, loving homes just
because their foster parents are party heart the wrong ethnicity.
I find that offensive and also really upsetting for the children.
The Marine and Coastal Areas Act needs to be amended
to force judges to do what the law says, because
you can't have judges doing the opposite of the laws,

(47:58):
what the law says, just because they prefer it that way.
I mean, there is a long list of stuff that
just has to be done, and you can't not do
this stuff because some people want to shout it down.
If you end up doing that, right, if you end
up letting them shout it down, all that you end
up doing is doing nothing, and then you tell the
shouters that you know they will win. If they want
to shut something down in the future, just shout out

(48:19):
some violent things and will stop doing it now. I
don't blame John Keith for taking this approach, because this
is the approach that he took in government. Right For
all of his success with the economy and the finances there,
and there were many successes there, he wasn't very bold
when it came to awkward stuff like race relations. I
mean race relations. I get the feeling he actually tried
to actively avoid it because ecky things like that cost
political capital and he would much rather just be in government.

(48:40):
Luckily for him, he was the Prime Minister at a
time when he could afford to do that. He came
before Jasinda Arderne, not after Jacinda Ardurn and all the
trouble that her government created. It's a different time now.
It calls for boldness. Sure, I would like everyone to
be careful in the language they use, but I don't
want them to cower from a job that needs to
be done.

Speaker 1 (48:58):
Heather Do for THEE was going to.

Speaker 3 (49:00):
Be with us on that very shortly, and also by
the way the huddle because the BBC rea Hugh Edwards
pleaded guilty to making those those images of children last
week yuck. Well, the BBC has now started to remove
all the stuff of him in the archives. We're going
to talk to the huddle about whether this is do
you just to raise history if it suits you? Is
that the best approach is headlines next.

Speaker 2 (49:21):
Season on your smart speaker, on the iHeart app and
in your car on your drive home. Hither dup to
see Allen drive with one New Zealand let's get connected.

Speaker 1 (49:32):
And news talk because that'd be.

Speaker 12 (49:35):
When you're playing he's drinking now you thank him down
me when you're riding where he's driving.

Speaker 5 (49:40):
No, you has a mist Hud.

Speaker 3 (49:44):
I'm standing by this evening. We've got Joseph Beganey rephrase
that we're blessed with Joseph Ganey and Chris Shurson, the
a class lady huddlers that we have. On a Monday,
after six o'clock, we're going to talk to Nichola Willis
about what's going on with Key Bank, exactly what her
plans are because at the stage it's not really clear, right,
are we talking about just a big investor coming in
and taking a chunk like the Superfund or are we

(50:04):
talking about partially floating it on the INSIDEX try to
get a little bit out of her. And also Shane
Solly's going to talk to us. I'll run you through
what he's got for us this evening. Right now, it's
twenty four away from six Now, Sir John Key is
calling for the temperature to be turned down on race
relations in this country. He believes that the Treaty Principal's
Bill is not going to work and it's wound people up.
The bill, of course, has been championed by the ACT

(50:25):
Party and the leader David Seymour is with us. Now,
Hey David, Hey, did you hear John Key this morning?

Speaker 23 (50:31):
Oh?

Speaker 24 (50:31):
I did?

Speaker 25 (50:32):
I did?

Speaker 14 (50:32):
And I was immediately transported back to twenty sixteen, when
the biggest issues in New Zealand were should we turn
our flag into a tee tail? And can John Key
get too and us from China to live at Wellington Do?
And they were much happier in simple times, which is
why I have fond memories of John. I like Don

(50:53):
because it's pretty much impossible not too. And I even
play charity golf for them every year. But I think
we've also got to be honest with ourselves while they
were happier and so the times, many of the problems
the government is facing today we're accumulating. And part of
the reason that the people have elected a different government,
this time a coalition, as they know that some of

(51:15):
these problems actually need to be openly and honestly discussed.

Speaker 3 (51:19):
Do you agree with him? I mean, I think few
of us would agree, but do you agree? Would would disagree?
Do you agree with him that the temperature needs to
be taken down on the race relations stuff at the moment?

Speaker 14 (51:29):
Well, I certainly object to some of the rhetoric that
were even just in recent weeks, particularly about my colleague
Karen Suler. I don't think it's ever acceptable to say
that somebody you know is not the type of person
for their race or vice versa. It's certainly not acceptable
for some journalists to ask the question, maybe users that

(51:52):
because of your policies. I would like to think though,
that the way that has done the debate about the treaty,
we've said, look, this is about what does our founding
document rarely mean? How can we ensure that it creates
a modern, multi ethnic liberal democratic society with a place
for all. And actually the way that the Treaty has

(52:15):
been interpreted over the last thirty or forty years by
the courts and the White time U Tribunal on the
Public Service is incompatible with that vision of a liberal
democratic society because it says we're all in a partnership
between races, and therefore our place in society must depend
on our race. There's no successful society like that.

Speaker 7 (52:35):
Yeah.

Speaker 3 (52:36):
Well, his argument about the Treaty Principle's bill is that
it's bad policy because we'd be writing down what the
principles are, and he compares it to the Constitution of
the States, where you know, it may seem like a
great idea to write that principle down now, but in
a few hundreds for a few hundred years time, you
don't need a gun to defend you against a grizzly bear,
and the principle that we write down now may also
be kind of incompatible with that time. What do you

(52:57):
say to that.

Speaker 14 (53:00):
I heard that there was sort of the Davy Crockett
diversion and as very entertaining interview. So good on them,
and it's we're lucky that we don't have any dangerous
grizzly there's here in New Zealand. But to retturnd to
the substance of it, actually that the treaty has been
or at least six principles have been defined by all

(53:20):
those other groups, the thoughts, the Tribunal, by the public service,
by academics. The only people who haven't really had to
say is New Zealand is in general and the Treaty
principal spell. It's not about changing the treaty. It's about
saying these principles. They should reflect what the treaty itself said.
And if people disagree in two hundred years time, just

(53:42):
like America has changed since it's founding, then you know what,
I'm sure at some point in the next two hundred
years people can continue to have the debate. It's a
living document. My contribution to it through the Treaty principal spell,
as I believe that we actually need an open debate
for all people, not one that's played out behind closed
doors and the court, in the academic saloons and the

(54:03):
public service departments, because actually they've come up with something
that says your rights in New Zealand to be consulted
or sort of on the board or whatever, depend on
who your ancestors.

Speaker 25 (54:13):
So perhaps not talk.

Speaker 3 (54:14):
How's it going with Luxeanon because Luckxon has got the
ear of John Key. If John Key's saying the stuff publicly,
he's saying it privately to the Prime Minister. Are you
having difficulty getting the stuff across the line?

Speaker 14 (54:24):
No, because what I found with Chris is that while
he does have a type relationship and I think he's
got a lot of admiration for John, he is his
own man and he is very cognizant of the reality
of equipment is that you know, it's a three way
coalition and therefore we actually need to keep our promises
to each other. There are things that National would like

(54:45):
Act to do, and Acts would like New Zealand First
to do, and New Zealand First would like National to do.
So you know, it is a three way coalition, maybe
not the three way that we all dreamed of, but
it's the one that we're in and therefore, you know,
we have to actually make it worth. One of those
commitments that is essential as getting that Treated Principles Bill

(55:07):
up into Parliament, debating properly through first reason, and you
just never know it might be a little bit more
popular than our partners believe that might further than they
thought it may well.

Speaker 3 (55:18):
Do, David, thank you very much, David, David Seymour, act
party leader. I'm going to have to recover after that
three way coming eighteen away from six the Huddle.

Speaker 2 (55:26):
With New Zealand Southeby's International Realty exceptional marketing for every property.

Speaker 3 (55:31):
On the huddle with me this evening. Tris herson of
Shehrson Willis and Joe SPEGANI the CEO of Child Fund,
Hello you too.

Speaker 9 (55:35):
Hello, Hello.

Speaker 3 (55:37):
Have you ever dreamed of a three way trush?

Speaker 26 (55:39):
Like?

Speaker 3 (55:39):
If that, what was the three way that you dreamed of?

Speaker 7 (55:41):
Well, I don't know.

Speaker 26 (55:42):
There's a lot.

Speaker 21 (55:43):
There is a lot to unpack in the kind of
three way that David Seima would be dreaming of.

Speaker 3 (55:48):
And yeah, a lot to pack in there, Jose, this.

Speaker 9 (55:53):
Whole this whole section though, he do. I have to say,
you've been talking about Willy's, started the show with Willy's
on air, and now we're talking about a three way
and I'm just feeling I'm not feeling very safe.

Speaker 3 (56:03):
It's penned up. I've been away for a week, so
it's pened up. I need to get all this stuff
out and don't worry tomorrow I'll be a save zone
again because it will be all out. JOSEI, how do
you feel about partially privatizing Keiwibank.

Speaker 9 (56:14):
Well, I mean, I was part of the creation of
key We Bank, and one thing that people don't realize
it was never set up to be like the Australian
banks in the sense that it wasn't set up to
have their massive profits. So that's all. The fact that
it does need more capital, that's right, and it hasn't
made the same sort of profits as the Australian banks
is actually a sign of its success. So it does

(56:35):
lack capital, and I'm really pleased that National is kind
of going actually, we need more competition in the banking
sector and Keiwibank's part of that, because I think it is,
and I think probably the best way to deal with
this is not so much to privatize it or floater
on the stop market or whatever. It's actually to maybe
sell off the mortgage bit of the bank and there
will be key We Savor or you know, funds that

(56:58):
would be very happy to buy bit of Kiwibank and
then just focus on QI bank as a transactional bank
that can make loans to businesses, to people and so on.
But but you know, remove the mortgage side of it,
and that way it would have capital and it would
and we would you be supporting qw WE bank to
be competitive compared to all Australian banks. So I think

(57:19):
it's a really good idea that we look at how
we get more capital.

Speaker 25 (57:22):
Into q WE banks.

Speaker 9 (57:23):
I don't want to set privatized though I don't.

Speaker 3 (57:26):
I don't have a problem with it being privatized, do
you trash.

Speaker 21 (57:28):
I don't have any partially any problem with that whatsoever.
And we've done it successfully in the in the past.
Uh And but I also think that you know, once
again we're sort of coming back to a backward looking
debate around competition. If you look at the banking sector
in the UK, the real competition has come from true

(57:51):
disruptive banks, banks that don't go they don't go around
investing in bricks and mortar. You do everything that you
want online and that's the way that they're able to
offer cheaper fees and you know, better services and really
boost competition. So yes, I mean, I think the time
has come probably for doing something with Kiwibank. But I

(58:15):
also think that you know, it's going to be a
different future state and probably those markets like the UK
where we look.

Speaker 9 (58:23):
Can I say, though, I totally agree with you that
the problem is competition in you look at the big
sectors like banking, supermarkets, even car parks for example, you
know they're the ones that lack innovation because they lack competition.

Speaker 25 (58:35):
So yeah, you're.

Speaker 9 (58:36):
Absolutely right, we need to enforce you know, open payment platforms,
open banking and so on. I just think with Kiwibank,
if you go down the privatization road, we did that
before and we ended up with our banks owned by Australia.

Speaker 3 (58:49):
Or you can only can self like you could you
could you could still retain a majority share, right fifty
one percent or more?

Speaker 9 (58:56):
Yes, yeah, that's right. But I think an even better idea,
which is a kind of privatization you like, but sell
the mortgage side of it, keep the banks that keep
Kiwibank in public ownership. That way, you get the benefits
of not having yet another overseas own bank, and you
get to sell a bit that you want to sell,
which is the mortgage side of it, which we don't
QUI bank doesn't really need and you get more competition,

(59:17):
So there are other ways to do.

Speaker 21 (59:19):
It, all right, Yeah, And well I also think across
this whole thing, we have to be a bit realistic
about New Zealand. And we bandy around words like innovation,
but actually a lot of our big companies are doing
really well in that space, and we've got to be realistic.

Speaker 3 (59:34):
We are a market.

Speaker 21 (59:36):
Of five million people in a long, skinny country.

Speaker 3 (59:39):
Yeah, totally. That's a very very good point. Actually, we'll
come back to these two and just to take Trishus
and jose BEGANI a huddle this evening.

Speaker 2 (59:45):
The huddle with New Zealand Southeby's international realty, unparalleled reach
and results.

Speaker 3 (59:50):
Right, you're back of the huddle, Trishus and Josephigani. Now, Trash,
I mean, I think John Key is right that we
need to take the temperature down rhetoric wise, but doesn't
necessarily follow that we also then, and when I say
we had just been the country, the government government also
then needs to stop doing the hard stuff.

Speaker 21 (01:00:05):
What do you think, Well, I think we're lumping quite
a few things in together. Number one, you know my
views on the treaty principles bill. I'm not a supporter
of it, and my view on this has always been that,
you know, the thought might be we can have this
high academic argument around it, but we will end up
where we are now, where it is actually I think

(01:00:26):
very damaging overall. And I don't agree with this thought
that because Maori get something, get something, we all lose
out and so I've always worried about the intent behind
the bill. I think there are different things at play
though that you're talking about in terms of some of

(01:00:47):
the some of the things in legislation that have probably
gone too far or aren't based in common sense. So
that's quite a different point. I do totally agree with
John Key, though, and I think there's a message to
politicians on all sides agree with you around to party Marii.

(01:01:07):
But at the moment, words really matter, and we take
it for granted in New Zealand that it's all going
to be, you know, rainbows and unicorns all the time,
and we're like any other country in the world where
that can tip very very quickly.

Speaker 9 (01:01:22):
What do you reckon, Josie, Yeah, I think John Key's right,
we absolutely do need to take the heat down, and
you're right to party Mary have been winding this up, yes,
I mean, but what they're trying to do poliitically is
they don't need the support of most New Zealanders. They're
just trying to peel off really angry people who happen
to be Mary as well, who are really angry with
that they've been left behind by the system and so on.

(01:01:44):
So when they use words like white supremacist, genocide, extermination,
that the strategy there, like any fringe party that's trying
to peel off a bunch of people on the fringes
of the mainstream of politics, and that's all they need.
So they need to stop doing that, and the incentive
needs to be removed for them to do that. But
also I think for New Zealand person ACT and particularly ACT,

(01:02:07):
they need to work out where they can find some
common ground the only way we're going to go forward.
And I think ACT was the party of Donna OWATIV
don't remember, don't forget who joined ACT party because they
believed in devolution of services and Mary running services for
Mary by Marty, like charter schools, like you know, health

(01:02:30):
provision where it's where it's run by Marty. So actually
I think there is some common ground where act and
to party Mary can find some common principles they agree with.
But Trish, you're absolutely right. We do not need yet
another treaty on top of another treaty on top of something.
We just need to deal with the one we've got
and work out how we're going to balance democracy with

(01:02:51):
the obligations property rights and obligations under the treaty. And
we can do it. We just need to talk about
it using nice language, not attacking each.

Speaker 3 (01:02:59):
Other language, which is a good idea. Hey, listen, I
haven't got long, but I want to know what you
guys think. Trish, do you think the BBC should go
through and remove all the Hugh Edwards archival footage? Well,
is a creep.

Speaker 21 (01:03:08):
How are you going to do that without completely erasing
history given that he has been a front and center
presenting some of the most historical moment, including recently the
death of the Queen. I am absolutely opposed to this
idea that you can erase history because you don't like
something that's happened. Happened now totally disagree that we've seen

(01:03:30):
it happen to books and movies and all sorts of things.
But in this case, what on Earth is the BBC
then going to use when they need to go into
the archives and look back and go here's how we
documented our key moments in history.

Speaker 9 (01:03:46):
What do you reckon, Josie, Yeah, totally agree. There's a
difference between running reruns of a Jimmy Savile show Jim
Will Fix It, which I grew up with in England
and ros Parrish shows. Yep, we don't need to see that,
but we do need a public record and unfortunately you
know you was the front man for that, so make
a difference in different different things.

Speaker 3 (01:04:05):
Totally agree, guys, Thank you so much. Josephiganney, the CEO
of child Van Treuscherson of Cherson Willis. It's seven away
from six.

Speaker 2 (01:04:11):
On your smart speaker, on the iHeart app and in
your car on your drive home. Heather Duplicy Allen drive
with one New Zealand one giant Leap for Business News
talk as.

Speaker 3 (01:04:22):
That be Hey, five away from six. There are warning
bells about aucas again and they are coming from I mean,
you won't be surprised for me to hear me say
that they're coming again from the usual suspects, which is
Helen Clark and Don Brash. Obviously former Prime Minister Helen Clark,
former Reserve Bank Governor Don Brash, who have been pretty
outspoken critics of UCUS up to this point. They are

(01:04:44):
ramping up there. And look, they're entitled, absolutely entitled to
be opposed to August. They're ramping up their opposition. They've
brought an Australian strategy expert, Hugh White to New Zealand,
who's here right now. Is written a book that lays
out the case against AUCUST. It's called Sleepwalk to War,
and that's basically the central thesis of his book is
that if we continue to sign up to UCUST and
all that stuff, we're basically just going to end up

(01:05:05):
provoking war. He's going to be with us after half
past six, so stay tuned for that. We'll have a
chat about what I mean, really, are we going to
provoke war like little old New Zealand signing up to August,
or is the fact that China wants to take Taiwan
more likely to provoke war. We'll talk to him about that.
Got some positive stuff for you, because I mean, jeez,
we need it on the economic front, don't we. So
apparently there are some good news in the housing market

(01:05:27):
in Auckland about how things are going economically. Barfoot and
Thompson have put out some figures today. They reckon a
whole bunch of buyers have got into the Auckland residential
housing market just in the last month, just in July,
because they're feeling really confident now that interest rates have peaked.
So Barft and Thompson themselves the biggest player in the
Auckland housing market. They sold nine hundred and two houses

(01:05:50):
last month just in July. That's nearly a third more
than they sold in June, which is material because July
is usually the slowest month of the year, so even
though it's the slowest mon it's actually up on the
month before. It's a quarter higher than July last year.
They reckon that. Apparently, if you have a look at
the last seven years, take out twenty twenty two and

(01:06:10):
twenty twenty one, which is when we remember we're pretty
pretty crazy about the housing market then, and they we're
like like, buy a house, buy a house. Everybody went
a bit psycho and had fomo. If you take out
twenty two and twenty one, then this is the busiest
July for them in the last seven years. Which is
pretty good news. So if you're feeling like, oh you
need to sell your house, maybe you want to upgrade. Yay,

(01:06:31):
things have turned around. How good is that? Nikola Willis.

Speaker 26 (01:06:33):
Next, we're Business Insight the Business Hour.

Speaker 1 (01:06:44):
We're here to due to c Ellen and my hr
on newstogsb.

Speaker 3 (01:06:51):
Even in coming up with the next hour, We're gonna
have a chat to Sean Soley on the supermarket, the
share market rather volatility that we're seeing at the moment.
I've got a little update for you on that Hugh
White from Australia in studio with me on whether Orcus
will actually provoke war. I'm going to check in with
our UK correspondent on whether to expect more riots overnight.
It's coming up eight past six and with us right now,
we've got Nichola Willis the Finance Minister. Evening.

Speaker 9 (01:07:11):
Nikola, good evening either.

Speaker 3 (01:07:13):
So what's your preferred option for how are you going
to recapitalize Kiwibank?

Speaker 9 (01:07:18):
Well, look, there are several options that we want to consider.
When I look at Kiwi Bank, I see an opportunity
to grow it so that it can take on the
Australian Bank, the Commerce Commission, who's been looking at banking
competition in New Zealand have said, yep, there's a pretty
cozyologotholy at the top there with the big four banks,

(01:07:39):
and Kiwibank is best place to be the maverick, the
disruptor who could take on those big four banks. But
that would require it to have more investment in it
in the future so it could grow. I don't need
to tell you there is a government. We don't have
huge amounts of spare cash sitting around, but you know what,
there are key we sab funds, there are ewe, here's

(01:08:01):
the super Fund, there's acc who are always looking for
good New Zealand based investments, and I say, let's have
a look there for.

Speaker 3 (01:08:09):
Would you consider opening it up to mom and dad
investors on the share market.

Speaker 9 (01:08:13):
I think that's something that we should consider and I'd
like to take advice on that option.

Speaker 3 (01:08:19):
Okay, if you were to sell it to the likes
of or sell part of it to the likes of
super Fund and so on, would you tie their hands
so that they were unable to on sell it to
foreign investors.

Speaker 9 (01:08:30):
Well, just to be clear, in the first instance, I'm
not proposing actually to sell the government to share it,
or what I'm saying is let's stick with the money
the government already hasn't it, and add to that with
new capital, which is a slightly different thing, because this
isn't I'm not motivated here about trying to get cash
out of keep we back that. It's not what I
want to do. I want to grow it, So I
want other people to be able to put cash in it.

(01:08:52):
But the question you ask is a good one, which
is on what terms would a new investor want to
make that investment. And that's a something I need to
take more advice on and consider. And what I said
at the weekend was let's do that. Let's put that
on the table. Let's talk about what would be needed
to grow that little bank that could into something big

(01:09:13):
enough to take on the big goals.

Speaker 3 (01:09:15):
I mean, is that going to be terms acceptable to
the likes of the Super Fun Because isn't that actually
why they pulled out in the first place, and Grant
Robinson had to chuck two point one billion in to
cover them because they didn't want to be to have
their hands tied like that.

Speaker 9 (01:09:28):
Look, I understand that those were some of the issues,
So I'm interested to look at what are the basis
on which people would want to invest, and maybe that
would be that that private market would consider investing if
they knew that there was going to be an initial
public offering to New Zealanders mums and dads down the line.
Let's have a look at what that scenario could be

(01:09:49):
for example. But the basic goal here is let's accelerate
the growth of Kiwi Rail. Make it so it's not
kiv rail, Q bank altho.

Speaker 3 (01:09:57):
While you're at it, make it.

Speaker 9 (01:09:58):
More disruptive and make it more disruptive to the Australian banks.
And for one really good reason, I want affordable, fair
banking services for New Zealanders and the evidence from the
Comments Commission is they're not getting as good a deal
as they should right now.

Speaker 3 (01:10:13):
Yeah, is when he going to be okay with this?
Because he's not been a big fan of getting private
money involved in public assets, is he?

Speaker 1 (01:10:20):
Well?

Speaker 9 (01:10:20):
I'd be careful to say that Cabinet hasn't taken any
decisions on this, But what I flagged at the weekend
was I think this is something we should be thinking about.
I'm gathering advice on it, and I haven't taken any
recommendations to cabinet yet, so I wouldn't get ahead and
stage wash Winston Peter's or indeed any of my other
cabinet colleagues think about it yet. I think the first

(01:10:43):
thing is to have the options on the table and
consider the costs and benefits of each.

Speaker 3 (01:10:48):
I don't have a product, Nicola. I don't reckon you'll
have a problem because I heard he really likes you,
so he probably listens to you.

Speaker 9 (01:10:55):
Well, I really like him. I really like him too,
because he contributes wisdom and he contributes reflected.

Speaker 3 (01:11:02):
This is the right approach to take with him, and
then he'll just bend over. He'll say yes if you
flatter him.

Speaker 21 (01:11:07):
Well.

Speaker 9 (01:11:08):
I think the wonderful thing about a truly respectful relationship
is you well understand is you don't necessarily always agree
with each other. And that is going to be the
case with me and Winston Peters from time to time.
But this, I think is a proposal that could have legs.
I want to explore it, see if it does, and

(01:11:29):
then if it does, then that's an idea that I
would bring to cabinet.

Speaker 3 (01:11:32):
Good stuff. Now, listen, Seawan Sweeney of the CRL and
Auckland has given an exit interview saying that political spats
are driving up the cost of infrastructure and that the
way to bring down the cost is to stop political fights.
Is that even possible? Could we do that?

Speaker 9 (01:11:46):
I think we could do more of that. You know,
obviously there are going to be some projects which we
have to agree to disagree on, and I think our government,
for example, made the right decision saying we're not going
a hue with light railroad.

Speaker 3 (01:11:59):
So you would though, but now the labor guys say
that's the wrong decision. So how do you square that circle?

Speaker 24 (01:12:03):
Yeah?

Speaker 9 (01:12:04):
I think the way we square it is let's look
out over thirty years and think about all of the
infrastructure we need to build across our transport system, our
health system, education system. If we could agree on ninety
percent of that across the big party, that would provide
massive certainty to the construction firms, investors and the like.

(01:12:26):
And this is what Chris Biship, our Minister for Infrastructure,
is going for. He is working to get together a
thirty year infrastructure pipeline plan to provide some clarity over that.
And to her credit, the Opposition finance spokesperson has indicated
that the Labor Pudy is more interested in bipartisanship in
that infrastructure planning space. So let's see what we can do.

Speaker 3 (01:12:49):
Yeah, but okay, that's fine. I mean, Barbara over at
Labour seems like a reasonable bird. But what are you
going to do about Julianne and the Greens? I mean,
she doesn't even like a road right, How are you
going to do that?

Speaker 9 (01:13:00):
Even though I'm not smart enough, the problems agree, I mean,
tell me you're going to ask me to solve that
one today?

Speaker 6 (01:13:08):
I mean that that's bigger issues.

Speaker 9 (01:13:09):
That's bigger issues. The two big part is to come
to a content that'd be pretty powerful.

Speaker 3 (01:13:17):
Yeah, fair enough. Hey, listen, do you agree with John
Key that the Treaty Principal's Bill is bad policy?

Speaker 9 (01:13:23):
Well, obviously we didn't campaign on it and we didn't
support it. That's well known.

Speaker 24 (01:13:28):
Yeah.

Speaker 9 (01:13:28):
Well you have a coalition agreement in which we said, yep,
we'll put that to a Select Committee hearing. And that's
the agreement. We've done with that, and so we're going
to stick to that agreement.

Speaker 3 (01:13:38):
See more reckons that he might be able to change
your mind though, if it proves to be actually a
great idea and very popular can he?

Speaker 9 (01:13:45):
Oh well, he's ever the optimist, isn't he?

Speaker 3 (01:13:47):
Nicola, Thank you very much appreciated, Nichola Willis Finance Minister. Lord,
I wouldn't even want to try to talk about a
rode with Julianne, would you. I mean, after the stunt
that she pulled in the house, I think I'd be like,
let me just set up my perspects glass here and
like get on my safety equipment, you know, like full
ppe to raise the subject of a road with Julianne
just in case we get the full on rage and

(01:14:08):
spittle flying and you know, books being waived in your face.
So anyway, good luck to everybody trying to deal with that.
This news just out Japan's Japan's Nikay has slumped more
than ten percent closing today. This is the worst losses
since nineteen eighty seven. This is an example of volatility
that we're talking about in the markets at the moment
because there's worries about the US economy potentially slipping into

(01:14:29):
recession and so on. So Shane Solely from Harbor Asset
Management's going to be with us before this half hour
and through talk us through it. What's going on? Do
we need to be scared. Do we need to sell
up as well, or do we just need to keep
calm and carry on. Quarter past six.

Speaker 2 (01:14:41):
Crunching the numbers and getting the results. It's Heather dupic
Ellen with the Business Hours thanks to my HR, the
HR platform for SME on news talks EDB.

Speaker 3 (01:14:52):
It's eighteen pass six. I've got some bad news on
the Olympics. Hayden Wild. So the the what is this
thing called the tray on relay? Yeah, mixed relay. Sorry,
the mixed relay got under way about eighteen minutes ago.
Hayden Wild is unfortunately placed second to last. He's our guy,
by the way. The reason he's second to last is

(01:15:13):
because he had a crash and we're going around to
heapin Bend just before they were you to jump off
the bikes and start running, and he's going around a
heapin Bend and he crashed into the Frenchman or the
Frenchman crashed into him or something. The Frenchman's now last.
Actually know they've switched positions. We're last again. That it's
turning into that kind of an Olympics for us, isn't it.

Speaker 23 (01:15:29):
So?

Speaker 3 (01:15:30):
Anyway, the difficulty is Hayden is probably what is the
best of our triathletes, right, so the others are going
to have a crack after him because it's a relay.
But if he is already last, I'm not liking our
chances in this one. I said to Ants just before,
this is the worst Olympics of my life. He said,
settle down, you are wrong. Which one was worse?

Speaker 24 (01:15:49):
Sydney we have one golden three bronzes. That was the entirety.

Speaker 3 (01:15:52):
That's pretty bad. That is actually really bad.

Speaker 24 (01:15:53):
I think I'm pretty sure Atlanta was fewer. Like we've
I think we've we've gone on a steady upward trajectory
basically the whole.

Speaker 1 (01:16:00):
All the time.

Speaker 3 (01:16:01):
Yeah, so it's not the worst in my life. It's
the worst in my thirties and twenties. So that's pretty bad.
This is the worst of my adult life, isn't it? Anyway?

Speaker 24 (01:16:10):
Miss I thought we are on the show.

Speaker 3 (01:16:12):
Yes, I've let it go. I've just let it go.
I've just decided they are still doing better than me
because I'm not an athlete anyway, I've got something, you
know how Josie was telling me off before for just
bringing a lot of smut into the show today, I've
got more for you. It turns out like if you
didn't think that gen Zs were weird already, they're the
ones who've just started hitting the workplace. We're talking about

(01:16:32):
the ones in their very early twenties, right, So the
ones causing you all the trouble, who don't want to
turn up to work, don't want to answer the phone,
don't want to hit the emails. That one more problems
with them. Apparently they love smutty books as well. This
is a thing. It's not just limited to the gen zs, right,
it's actually taking off just kind of a cross all
age bands kicked off. Yeah, hard out, you need this music.

(01:16:55):
It's going to make you feel gross at some stage.
Kicked off with the publication of Fifty Shades of Gray
back in twenty eleven, and that's when smutty books really
took off, right, got turbo charged during the COVID pandemic
because it was a tough time. People wanted to escape
from reality. They didn't have a lot of love affairs
while in lockdown, so they started reading about them on
their books and they started posting it about it on

(01:17:16):
TikTok and other social media and then other people were like, Oh,
it's cool to read rubbish like that, so they started
reading it. Print sales of romance novels have doubled from
eighteen million to thirty six million just in three years.
And that is despite the fact that other genre are
actually going backwards. Right, So this is the one going
forwards when the others are going backwards. What they're reading

(01:17:40):
is not just a bit of Mills and Boone.

Speaker 20 (01:17:42):
Right.

Speaker 3 (01:17:42):
They are into fairy porn. Right, what's fairy porn? I
know you're asking that because I also am normal like you,
and I didn't know. Fairy porn is where normal people
hook up with big blue aliens, gigantic cats that stand
on their hind legs, monsters wear wolves, or shape shifters.
I am not joking. There is a group called the
Romance Writers of New Zealand. The president reckons that someone

(01:18:05):
who are organizations, some members are making six figure annual incomes,
like high six figure. I'm not talking about one hundred
thous I'm talking about several hundred thous They're making several
hundreds of thousands of dollars every year from writing these books.
One is making a million bucks a year from writing
this stuff, and apparently it's the gen z's who are
heading at the hardest because they're not even ashamed. Like

(01:18:27):
back in the day, you'd read your mills and boom
and you sort of like hide it on the train
or on the bus. You know, you'd hide it behind
you go and get your dictionary cover and stick it
on the front or something. Not these guys, they are
just absolutely just just showing off, just hyping it on
the social media. This is why they're all into it.
So then you go, if you need another reason to
think that the new generation is a bit wacky. There
it is six twenty two, crunching.

Speaker 1 (01:18:49):
The numbers and getting the results. It's Heather due to
see Helen with the Business.

Speaker 2 (01:18:53):
Hours thanks to my HR the HR platform for SME
on newstalksb.

Speaker 3 (01:18:59):
Heither we are ELF worldwide or fifth per capital for
the metal tally. I think Dave's telling me to settle down,
and I agree with him. It's coming up five twenty
five now. We've seen a lot of volatility on the
rise across the share markets in the last few days.
Shane Solly from Harbor Asset Management is with us to
talk us through Hay Shane, Yeah, what's going on here?

Speaker 25 (01:19:17):
So yeah, it's a little bit of risk off. You know,
last week we saw some week globe economic data and
tip we start to worry about recession risk. And so
Friday night we saw the US market down one point.
Today we've seen the Japanese neck Laia, the main market
down over twelve percent, biggest drop since nine out eighty seven.

(01:19:38):
Now that's had a bit of a hit for Australian
market down three points. In New Zealand only down one
and a half. It's all back to this week job
data out of the US on Friday, Midias tensions really
sort of bringing home the risk we've had bad economic
growth activity has been good for capital markets recently because

(01:19:58):
it's bought forward expectations of lower interest rates of central
banks have looked it out. But now data, economic data
is just becoming bad. So pretty tough, pretty tough times.

Speaker 3 (01:20:07):
So why is it that the Japanese shear market has
been hit so hard?

Speaker 25 (01:20:11):
Yep, so, the until recently the jepeanus the market was
probably one of the best perform their markets, and what
we saw is recently against the trend, the Japanese Central
Bank Bank in japant actually increased official rates, and that's
contributed to a bit of a change in capital flows.
It's hit financial. It is hard to a big bank
and insurance component in that Japanese market. They've also got

(01:20:33):
a big technology stock component in their market. Of course,
this pullback we're seeing globally and tech stops. So certainly
seeing as the pullback and that market's back almost twenty
five percent since it's high, and they're living to July
just less than a month ago. Twenty five percent pullback,
which was actually out of interest. The last time that
got that highways in nineteen eighty nine. It hasn't been

(01:20:55):
that high since then.

Speaker 3 (01:20:56):
So do pullback, Shane, What are you expecting central banks
to do to bomb?

Speaker 25 (01:21:01):
Yeah, look, I think you know outside of the watchapping
and capital markets is a growing concern at central banks,
such is the US for the reserve and even our
reserve banks have been too slow to act on this
slowing economic activity. And certainly we've seen markets are starting
to price and more cuts. So I look at where
fixed and dress markets are. They're expecting three cups in

(01:21:22):
the US befoward the end of the year. We've got
to reserve big Australia come out next week, maybe they
talk about cuts, maybe not. And then here in Zel
we've got the market now pricing and pretty much one
hundred percent certainty of a cut and interest rates here
in his own next month of a quarter of a
percent zero point two five percent and a whole two
percent of cuts out to August next year, which takes

(01:21:45):
the official cash right back to three and a half percent.
So the market's really pricing in some big cuts.

Speaker 3 (01:21:50):
Shane, it's good to talk to you. Thanks for your expertise. Mate,
talk to you next week, Shane, Sally Harbor Asset Management. Right,
let's talk aucust and war. Next is top B, whether.

Speaker 1 (01:22:01):
It's macro, micro or just plain economics.

Speaker 2 (01:22:04):
It's all on the Business Hour with Heather Duplicy, Allen
and my HR, the HR platform for sme US talk.

Speaker 26 (01:22:11):
Sid B stuff, work against your shirt breaks.

Speaker 3 (01:22:16):
I've got no good news to tell you about the
mixed relay triathlon thing because unfortunately we can't even see
the New Zealand participant. It's leag B. Now, this is
where the ladies take over from the guys and we
can't even see New Zealand in there. So the minute
that we clap eyes on New Zealand. If New Zealand's
still in the race, I'll give you a little update
on how we're going on that. Probably not that good though,
I would say you're going to go to the UK
shortly and just find out what the outlook is for

(01:22:39):
riots overnight after what happened last night, and right now
it's the way that'll be about ten minutes. Right now,
it's twenty five away from seven. Now there are yet
again warning bells over Orcus and our potential involvement in it.
Former Helen Clark, former Prome Minister Helen Clark, obviously former
Reserve Bank Governor Don Brash are both lobbying pretty hard
against it. They've brought an Australian strategy expert, Hugh White
to New Zealand's just written a book that lays out

(01:23:00):
the case against August. It's called Sleepwalk to War. Let's
talk to Q Are you.

Speaker 2 (01:23:06):
Hi?

Speaker 3 (01:23:06):
Do you think we're provoking a war?

Speaker 27 (01:23:08):
Well, I think we're in danger of promoting an approach
to the big problems in Asia which make a war
more likely. And we're not just talking about a war
like Iraq or Afghanistan. We're talking about a major regional
war between great powers which could easily go nuclear. So
I think as we approach the big questions that both

(01:23:29):
Australia and New Zealand face over the decades and to come,
and some of those some of those questions are right
with us now, we have to be very conscious that
doing whatever we can to minimize that risk of conflict.

Speaker 3 (01:23:41):
Is it not possible that the conflict happens anyway, regardless
of what we do, because China has held beent on it.

Speaker 27 (01:23:47):
Well, if the conflict happens, it won't just be because
China's help bent on it. It's because both the US
and China are engaged in this very intense strategic contest
over which of them will be the primary power in
East Asia and the Western Pacific in the decades to come,
and both sides are conveying the message that they're willing
to go to war in order to get their way.
Either side wants conflict, of course, but both sides hope

(01:24:08):
that by declaring that they're willing to go to war,
the other side will back off. And there's always a
risk in that kind of game that one of them
will call the others bluff. And I think that's a
very dangerous situation now whether it makes any difference what
we think. I think these are huge forces which have
a dynamic of their own, but I think it is

(01:24:29):
work for the underlying reason why there's risk of war
is there is that the US is trying to preserve
its leadership role in Asia, China's trying to deprive it
of it. They've both got their different visions of the
way Asia should work. We Australia and New Zealand, along
with other countries in the region or to have a
view as to how Asia should work, and we shouldn't

(01:24:50):
be shy about going out there unpromoting it. And I
guess the other side of that is we shouldn't be
recklessly or negligently without really thinking about it porting approaches
to the future of Asia which make a war more likely.

Speaker 3 (01:25:04):
Do you think it's possible that, even without UCUS, that
China and the US end up in a war potentially?

Speaker 27 (01:25:10):
Oh yes, I think that's a real procession in which.

Speaker 3 (01:25:12):
Case is Australia not an ally of the US. We
certainly are, So you're going to go to war if
the Yanks go to get.

Speaker 27 (01:25:19):
Well, not necessarily, I mean the alliance we have with
the United States is not, for example, like the way
NATO works. We're in NATO.

Speaker 3 (01:25:28):
You're not obligated, are you, Well, we're not obligated.

Speaker 27 (01:25:31):
The way that NATO allies are NATO worked very differently
from the way that our alliance with the US works,
because what happened to NATO was that is, the various members,
including the United States and its European allies, really committed
themselves in advance in the event of a particular scenario.
Is they absolutely committed themselves that their forces would do
this on this dat It well, it is. And the

(01:25:53):
reason why the NATO built that very dense set of
very specific and concrete commitments was precisely that that was
necessary to convince the Soviets that the Americans and their
allies really would fight in Asia. We never built in
our relationship with United States. We never built that kind
of dense network of commitments because the deterrant imperative wasn't

(01:26:14):
so great, because the threat wasn't so great.

Speaker 1 (01:26:16):
You've got it.

Speaker 3 (01:26:17):
Is it possible though, that you know, you've got the States, Australia,
New Zealand, Japan, and you start to build this wall
around China and it can be a deterrent. Well, if
it really.

Speaker 27 (01:26:30):
If those states were really working together, and if the
United States was really doing what was necessary, then I
think a deterrent could be established. But I don't think
the United States is doing nearly enough to do that.
If you look back over the last twenty five years,
and particularly over the last ten years, America's military position
relative to China's in the Western Pacific has deteriorated very significantly,

(01:26:53):
not because American forces have got smaller, because Chinese forces
have grown so much stronger. Now, if America was really
serious about the tour the Chinese, they'd have matched what
China was doing to preserve their superiority, and they just
haven't done that. And likewise, you know, if the Japanese
were really serious about supporting the United States in deterring China,

(01:27:15):
they have really committed themselves the way the NATO powterners did.

Speaker 3 (01:27:18):
Make the same argument, you guys are provoking China.

Speaker 27 (01:27:21):
Well, I don't think it's true that what we're doing.
Should say what the United States is doing is provoking China.
China has got its own reasons for wanting to push
America out of Asia and take its place as the
leading power so I think, you know, I think it's
not as though there are good guys and bad guys here.
The two sides are both trying to pursue their objectives.

(01:27:42):
But I think the problem with the Americans is that
they're talking tough to the Chinese, but they're not doing
nearly enough to give that deterrent real substance, and neither
of the Japanese.

Speaker 3 (01:27:52):
Do you think the Chinese trying to take Taiwan?

Speaker 27 (01:27:55):
I think there's a good chance that the Chinese will
decide sometime over the next few years to make a
move against Taiwan in the hope and expectation that the
United States will in the end back off Will Will
Will squib It should the I think they should because
I don't think they can win a war over Taiwan,

(01:28:16):
and I therefore think it's very unwise of them to
threaten to fight one, because if you get your bluff called,
which is what we're talking about, then that destroys your credibility.

Speaker 3 (01:28:26):
So we need to give up Taiwan. Well, I don't,
I mean the democratic war.

Speaker 27 (01:28:31):
Well, I think we have to make a very tough choice.

Speaker 4 (01:28:34):
That is, do we.

Speaker 27 (01:28:38):
Step back and allow the Chinese to take Taiwan, or
do we launch a war which we won't win, yes,
and which could easily go nuclear. Now, no one should
imagine that this is not a very painful choice. Indeed,
but we shouldn't be unrealistic about it. And the worst
thing we can do is to promise that Taiwanese will
be there to help them, and then when the time comes,

(01:28:59):
we say, changed our mind. Ye, And I think we're
in that worst of both world situations.

Speaker 3 (01:29:04):
You are you sure that you're not overegging what we're doing.
I mean, we're only talking about joining Pellar two. It's
not that big a deal.

Speaker 27 (01:29:10):
No very important point. I don't think orcus itself is
in itself a very significant part of this bigger picture.
But it is important, certainly from Australia's point of view.
I don't presume to tell New Zealand what to do.
But from Australia's point of view, what we're doing by
signing up to AUCUS, by supporting it so strongly, is
very much signaling to the United States and to the

(01:29:31):
rest of the world that we support the United States
in trying to push back against China and being willing
to go to war with China if that's necessary to
do so, and I think that's the wrong approach to
what we might call the China problem. China does want
to become more powerful and influential in the region. That
is a bit of a worry for countries like us,
But I don't think the American approach to it is

(01:29:52):
going to work, and I think it does carry the
dangers of escalation and conflict that we've talked about. And
I therefore think that what we need to be said
to the United States is not yes, we're completely behind you,
and orcus is our kind of you know, symbol of
that we should be saying to the United States. Look,
we live in a new era. China has now got
an economy that's as big as yours. You can't presume
that you're going to continue to have the same kind

(01:30:13):
of leadership role in Asia that you used to have
when China's economy was smaller than Australia's, which it used
to be, and not you in a few decades ago.
So what we need to say to be saying to
you America is now, look, we want you guys to
stay around. We want you to play a valuable role
in Asia, but we don't want you trying to dominate
Asia the way you used to, because the Chinese aren't
going to copy it, and your efforts to do so

(01:30:34):
are provocative and potentially disastrous because you're talking tough, you're
going through all emotions, but you're not actually doing what's
required to concrete military terms, to put real substance into that.
And so Ucus is a symbol. The choice we make
about Augus is a symbol about whether we go along
with what America is doing and support them in an

(01:30:56):
approach which I think is mistaken, or whether we instead
go to them and say, let's do something different, let's
be more realistic about where Asia is going.

Speaker 3 (01:31:04):
Listen, Hugh, thank you. I really appreciate your running through
that for us. There's a lot of curly stuff there
for us to think about. That's Hugh White, Emeritus Professor
of Strategic Studies at the Australian National University, Bad News.
It does look like we are out of the race,
whether we are actually just not running, like not participating
in the triathlon, or just so far back that it's
not realistic. We are out of the race. At last

(01:31:24):
point that we're aware of, we were at fourteenth in
the mixed triathlon, which puts US at least a minute
behind the pace, if not more, because the twelfth is
a minute behind the pace. We'll go to the UK
next sixteen away from seven, everything.

Speaker 2 (01:31:39):
From SMEs to the big corporates of the Business Hour
with Heather Duplicy, Ellen and my HR, the HR platform
for SME.

Speaker 1 (01:31:47):
US talks B.

Speaker 3 (01:31:49):
Yeah, then maybe we just need to let the Taiwanese
decide who they go with. I don't think it works
like that anymore. I don't think it works like that
at all when China wants you and I look, here's
let's be honest about this. Let's be realistic about this.
What's the water space between Taiwan and China Like it's
you could swim it, like it is so tiny?

Speaker 7 (01:32:07):
Right?

Speaker 3 (01:32:07):
If China wants to take Taiwan, ain't nothing we can
do about. And we're probably just going to have to
do what Hugh said, which is unfortunately, give them over
and just give it up and I don't know, open
the place up for refugees or something like that. Twelve
away from seven, with US now out of the UK's
I corresponding k Oliver, HEYK, Hello, Heather, are we expecting
another night of these riots.

Speaker 5 (01:32:28):
Well, obviously we've had a day here of crime and
crimein and all sorts of chaos going on. The Prime
Minister has called an emergency meeting in Downing Street today
of Cobra who we'll be looking at ways to tackle
this rioting. We've got a bit of hot weather as
well which is flaming the fire. But it seems that

(01:32:49):
four hundred and fifty people have now been arrested. We've
had further attacks on asylum seeker hotels and the feeling
is that unless solutions that are put in place fast,
this is going to carry on. In the vein that
we saw yesterday, which to be honest, was really frightening.
The police came under attack, camera crews attacked, people frightened

(01:33:13):
to leave their homes. We had people really been set
on fire thrust towards the police. There's one terrifying picture
of a line of police with their riot shields up
outside the Holiday and Express in Rotherham where the protesters
were picking up scaffolding fence posts and they were all
being thrown at these police who were doing their best

(01:33:33):
to hold off the attacks, but a lot of them
ended up in hospital. Header so we wait to see.
And of course the sad thing about all of this
is that it started with these horrific incident, these stabbings
in Southport a week ago today and this has just
escalated and I think those young victims of the attack

(01:33:53):
have almost been forgotten in what has now exploded into
these riots.

Speaker 3 (01:33:58):
Is it possible to bring in more least to help
these guys.

Speaker 5 (01:34:01):
Out, Well, there are apparently there are one hundred and
twenty thousand police across the UK who will be available.
They're also calls for the army to be drafted in.
Now how that's all going to move forward is something else.
But the police really had their backs against the wall
in this, and not least other factions adjoining in with

(01:34:23):
these protests. So you've got the far right thugs a
secure Starmer is calling them. Then you've got the anti
racist protesters and you've just got the police in the
middle of it. I think in Bolton another really serious
protests broke out where obviously the Muslim supporters were on
one side, you've got the far right on the other
and it got very very nasty there.

Speaker 3 (01:34:45):
You're pretty worrying, Steff. Hey, I see you guys have
got a shortage of ozempics, So what are people buying instead?

Speaker 5 (01:34:50):
Then, well, they're going on to the obviously online to
find these drugs. I'm not sure anyone really knows what's
in them. They're almost saying that they are a zemp
but it's turning out their fake drugs. There's a shortage
this drug of zempig and wega v, which were originally
I think they came out to tell people with type
two diabetes. But the weight loss that they are giving

(01:35:13):
people is dramatic. So people have jumped on the bandwagon,
and celebrities are almost flaunting their fifty kilogram weight loss
or whatever it is. So people are desperate to get
hold of this drug, particularly in the summer. They want
to look thin on the beach, and they're going online.
They're almost turning to these so called quack doctors and

(01:35:33):
taking these jabs which they're buying in syringes online. And
we've had one woman who's ended up very seriously only
in hospital with them. So yeah, it's perhaps not good
to get unless it's a legitimate doctor.

Speaker 3 (01:35:47):
Yeah, very good advice. I think also should just be
common scenes. Hey, so this guy who who has a
pub in Wales has stopped people from singing in wealth
for why.

Speaker 5 (01:35:57):
Well, he said, this is a guy called Jarrard who's
run the pub. It's called the Bluebell in Conway in
North Wales. He isn't running this pub for eleven years now.
He said that he doesn't want people singing in Welsh,
which is obviously the home language, because it's too noisy.
And he had thirty thirty people and almost in a
choir singing in his pub and a lot of the

(01:36:18):
diners were not finishing their food, they were getting up
and they were just leaving. He has said he is
not really standing down on this. He doesn't like loud
people and basically he sees singing almost on a par
with vaping and smoking in a pub. So not happy.
I don't think the choir who left were happy either,
But there you go. Don't sing in a pub in Wales.

(01:36:39):
There's a welch.

Speaker 3 (01:36:41):
Very good point, Kay, Thank you very much appreciated. Kay,
all of our UK correspondent here the good luck swimming
one hundred and sixty k's from China to Taiwan. Yeah,
I mean, obviously I was talking about the Olympians, not myself.
I could swimming they could swim it. I had away
from seven.

Speaker 2 (01:36:56):
Whether it's micro microbe or just playing economics, all on
the Business Hour with Heather Duplicy Ellen and my HR.

Speaker 1 (01:37:04):
The HR platform for seme used top.

Speaker 3 (01:37:08):
It is five away from six ers and I need
to talk to you about what's going on with the
young kids and the skincare regimes. I think this is
kind of weird. So apparently young kids as young and
when I say young, I mean as young as nine,
which I think is really really young, really really into
skincare regimes. And so as a result, they're going to
places like what is it. Is it called Sephora? Is

(01:37:30):
that what it's called? And Mecca, and they're buying They're
going in then they're buying skin care products and apparently
the reason and that buying lots of it. By the way,
they're doing the whole shebang, like they're going for like
I don't know, serums and ice I creams and face
masks and all the stuff that you know, like I'm
turning forty this year, I don't even bother. What are
you doing with it when you're nine years old? Well,

(01:37:51):
what they're doing with it is they're watching social media
that's the problem in it. So the influences heaps of
these companies are now putting a lot of money into
social media and paying influences to hype these brands. And
of course when they're hyping them on a place like TikTok,
there's a whole bunch of young kids on TikTok who
are now watching it as well, and so as a result,
the nine year old sees it there and then wants it.
So this is an influence to sharing their skincare routines online.

Speaker 1 (01:38:14):
Every morning.

Speaker 2 (01:38:15):
I have a set skincare routine that I do first.

Speaker 21 (01:38:18):
I start off with washing my face.

Speaker 24 (01:38:20):
I use this Pietro Simone purifying cleanser.

Speaker 2 (01:38:23):
I like to keep my skincare routine short but effective
to start long.

Speaker 3 (01:38:28):
Come Jenniefig serum. Okay, this is very hydrating. What are
you even I don't understand the stuff. Anyway, this is
a child trying to copy it.

Speaker 2 (01:38:36):
I already cleanse my face, so that was step one.

Speaker 14 (01:38:39):
Starting to be using this.

Speaker 21 (01:38:39):
Next it's a clemask.

Speaker 16 (01:38:42):
Fell should go buy this my sudden serum.

Speaker 27 (01:38:45):
This is my drunk elephant one.

Speaker 3 (01:38:47):
Oh my gosh. Anyway, apparently drunk elephant is the one
that they're into. They also love summer Fridays and glow
recipe and dermatologist in Auckland reckons that she's seen heapes
of young people coming in they have bad reactions because
not iosed to put this crap on their faces yet
as they have bad reactions. So anyway, take the kids
off social media, don't buy them the serums.

Speaker 24 (01:39:06):
And our good news though herether it means that parents
are getting a lot more liberal about pocket money. If
that's the case, because I'll tell you what I would
not when I was nine, when I would not have
been able to get anything.

Speaker 3 (01:39:14):
If I got myself one of those Chapper chups, I
would have been happy.

Speaker 24 (01:39:17):
Yeah, absolutely, and these are a bit more expensive than
chubber hups. Adele, easy on me to play us out tonight.
You remember that trick the Killers pulled where they stopped
their concerts briefly to play the end of the England
football game. Adele has ripped it off, and she has
broadcast the eleven second one hundred meter women's final from
the Olympics for everyone to watch just and then congratulated
the winner from Saint Lucia and then moved on with
the gig. I think we might be steeing the start

(01:39:38):
of a trend here.

Speaker 3 (01:39:39):
You can't stop a good idea, a absolutely catch on
as too bad ideas so hard to know which one
it is. And thank you, appreciate it. See you tomorrow
News Talks.

Speaker 2 (01:39:46):
He'd be so good. Oh for more from hither Duplessy

(01:40:09):
Allen Drive. Listen live to news Talks It'd be from
four pm weekdays, or follow the podcast on iHeartRadio.

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