Episode Transcript
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Speaker 1 (00:02):
Digging through the spin spence to find the real story
or HiT's Ryan Bridge on Heather Duplicy Ellen drive with
one New Zealand let's get connected and news talks.
Speaker 2 (00:13):
That'd be good afternoon seven after four, Great to have
your company this afternoon. Simeon Brown reckons he can fix
your GP. Wait time he's with us. After five, Trump's
tough talk seems to be working. Europe finally listening and
picking up the Ukraine tab. The oscars are on what
happened in Vegas with the alleged throat grabbing of the journalist,
plus Nicola Willis after six.
Speaker 1 (00:34):
Brian Bridge, what is it.
Speaker 2 (00:37):
With this country's obsession with lowering standards and embracing mediocrity
principles at poor schools up and down the country? Want
the government to cancel new tests for reading, writing and maths.
To get NCAA, you have to pass the test. It's
been no secret that for too long our national qualification
(00:57):
standards have been weak. Too many credits for picking up
rubbish and not enough for doing algebra. So a change
was made. But now there's a problem apparently with this
in our poorest schools, half the kids failed the reading
and writing tests. Three quarters failed the numeracy test, which
is not good news. So what do the principles of
(01:18):
these schools do do They set goals, double down on workloads,
add extra tuition after school, ask for more resources, try
and get the kids up to standard so that more
of them pass. No, they run to the media and
demand the standards be dropped, not just for kids who
don't pass, but for the kids who do pass as well,
(01:42):
of which there are many poor and low socioeconomic among them,
I should add, So no student would need the basics
to pass in CAA if they had their way. They argue,
the standards create equity issues because many of the kids
who won't pass are quote, to use their words brown,
(02:02):
This is what's wrong with principles, teachers and unions. The
answer is not lowering standards. The answer is getting these
kids up to the standard. Is this a big job yes,
Will it take time, money and energy, yes? Is it
possible yes absolutely, But you don't lower the bar for
all students because some aren't achieving it. You should strive
(02:25):
to get all kids across the line. Instead of throwing
our hands up at admitting defeat, we should be training
new things and new approaches, which is ironically exactly what
charter schools are for a way for kids who've fallen
through the cracks to improve. Unfortunately, the principles and the
teacher unions don't like them either, which leaves them with
(02:46):
no option, of course, but demand to demand lower standards.
This is throwing in the towel at its worst. Our kids,
all of them, deserve more ambition from their school leaders.
Bry and Bread which time is ten after four year
own news talks, there have been nine two nine two
the numbers text. We have yet another damning report into
the state of Wellington Water today spells out alleged theft
(03:10):
by one individual, poor value for money from contractors, systemic
structure issues, lack of oversight for spending. In fact, it
says that low and Authiland rate payers have forked out
three times what they should have for pipes. Nick Leggett
is share of Wellington Water. He's with me, hihnik Hi Ryan.
You've offered to resign apparently because of this report. Has
(03:31):
anyone accepted that I haven't offer to resign.
Speaker 3 (03:34):
I've said I'll certainly listen to our shareholders. I mean,
this is a damning report and Wellington Water has come
under a criticism that I can only say is justified
and people should be appalled. What we've tried to do
is lift a lid on that. Be honest and upfront,
(03:54):
there wasn't the right competitive tension to get the best
value for ratepayers. The two systems for the organization that
the financial checks, those kind of processes were appalling. And
it's been a continuum since the report last year. Really
that where there was a big budget eraror.
Speaker 2 (04:12):
And did you need a report to tell you all this,
because it's in the Deloitte report the summary it says
that every employee interviewed said that they saw big holes
in the system.
Speaker 3 (04:22):
That's right. And so what happened was when our new
chief executive arrived in about September last year, employees came forward.
They came forward to me. We ran a whistleblower type approach.
People came forward, some anonymously, some face to face, and
they identified different problems in the organization.
Speaker 2 (04:42):
How much how much do you reckon it's cost rate
payers the whole.
Speaker 3 (04:46):
We don't know that and there would be huge money
involved in investigating that. All we can do is show
that where the system is deficient where things have not
worked properly for years and fix it and the fixed
thing is that fixing is the important thing.
Speaker 2 (05:03):
Yet But are you sure? I mean I read somewhere
that it was three times what you should have paid
for pipes? Is that right?
Speaker 4 (05:12):
Yeah?
Speaker 2 (05:12):
Well how much have you spent on pipes? You know?
Can we not work back?
Speaker 4 (05:15):
I think?
Speaker 2 (05:16):
Yeah, we're talking millions, aren't we?
Speaker 5 (05:18):
Oh?
Speaker 3 (05:18):
Absolutely, yeah, Look it's a huge cost. I couldn't begin
to put a quantity on it.
Speaker 2 (05:25):
Who thing is you're the chair. It's not actually really
your fault. It's the chief executive. And she left just
as Tony was it. Tanya has School she the one
in charge when all this was going down.
Speaker 3 (05:36):
Tonya has School was the chief executive for eighteen months
and before that there was another long standing chief executive.
And the new chief executive has come in and lifted
the lid on the situation. And we have obviously invested
time and effort to get things where they need to
(05:57):
be so rate payers can be assured that they're going
to get value for money for the rates they paid
towards water.
Speaker 2 (06:03):
So you're you're staying in your job. But what have
you said to the mayor is Look, I'll go to
the councils. I'll go if you want me to. Is
that what you've said?
Speaker 3 (06:10):
Oh yeah, I mean I think, I think, I'm I'm
I'm seasoned enough to read the signals that the thing
about Wellington Water is it's not going to exist beyond
about the middle of next year because there will be
a new water entity form assuming everything goes to you.
Speaker 2 (06:27):
So this has been this has this has been a
raught basically for the subcontractors, hasn't it.
Speaker 3 (06:33):
Well, I think that this has raised questions for all
the people that have had, all the companies that have
had contracting arrangements. But Ryan, I'd say this Wellington Waters
process is allowed that to happen, and what we've done
is change that. So we're getting more contestability.
Speaker 2 (06:50):
Well, you're up for the last what six months of
your life? Yeah, there will be will just be shaking there,
There'll be in your.
Speaker 3 (07:00):
Hands, justifiably.
Speaker 6 (07:02):
So.
Speaker 3 (07:03):
But the key point is, I mean, this is a
company that doesn't have an asset management system, it doesn't
have a finance system, it doesn't even have a payroll system. Right,
so it was never it's never been invested in what
we're trying to do is improve it and build it
up so when a new water entity takes over that
actually owns the assets and is in control of its
own destiny, it will be able to do as well
(07:25):
as it possibly can from day one. We can't just
sit around and drink tea. We've taken action because that's
not actually residents expect.
Speaker 2 (07:33):
It sounds like there's been a lot of drinking tea. Nick,
Thank you. Nick. Let get chair of the board at
Wellington Water. Time is fourteen after four. Interestingly, Tanya Haskell,
who you heard the chair talk about there, she was
appointed so left Wellington Water after all of this stuff
goes down. Plus there was fifty one million dollars of
a hole in the budget that they failed to tell
(07:55):
the councils about sat on it for months. So Tanya
has school. Guess what she's doing now that she's no
longer the chief executive at Wellington Water. She is now
operating the region's passenger trains for TRANSITEV. Good Luck quarter
past four. We'll talk to Piney next about the warriors
(08:16):
and might even ask him what on earth happened in
Las Vegas.
Speaker 1 (08:21):
It's the heather Dupussy Allan Drive Full Show podcast on
iHeartRadio powered by News.
Speaker 2 (08:26):
Talks that be four seventeen on News Talks. There'd be
lots of teachers getting in touch this one says Ryan.
Please don't tar all teachers with that brush. You'll find
there's a lot of us who actually agree with you.
This is about lowering of the standards. Will come back
to that. Right after this, we're going to Jason Pine
at eighteen after four. Hey Piney, Hello, Ryan. So the
Warriors at the weekend, you're not great result for them.
Do you think was it? Were they sort of an
(08:48):
or overawed by the occasion, or are they just not
that good this year?
Speaker 7 (08:53):
Something happened. I guess you could say, well, it's a
little bit out of the ordinary, you know, going to Vaga.
This is not your normal sort of away game in
the NRL when you hop across to Sydney or wherever
it might be. Maybe it's a convenient excuse. The Raiders
didn't look over awed by it when they beat the
Warriors yesterday. I think there are some issues in this team.
Shawn Johnson. Obviously leaving is a big one, and they
(09:15):
haven't really I don't think landed on the right halves
combination with Chanelle Harris Devita and Luke Metcalf given that job,
I'd like to see Tomightdy Martin come back into that mix.
But there's a long list of things. I think and
Andrew Webster's noteboar because he gets on the plane and
flies back. They've got a bit of time before their
next game, but they do have to fix a few things.
They've missed a lot of tackles, didn't really create a
(09:36):
lot on attack, and really were well beaten in most
of the metrics. So yeah, that's a long winded way
of saying that there's a bit to work on for
the Warriors. But I guess, as they say, what happens
in Vegas stays in Vegas.
Speaker 2 (09:48):
Well, let's hope the losing stays in Vegas. What about
this assistant Have you heard any gossip about this assistant
coach because he's accused of grabbing a journo by the throat,
which I imagine there are many assistant coaches who wanted to
do that over the years.
Speaker 7 (10:01):
But yes, but most I would say they'd have had
a look at move.
Speaker 2 (10:07):
And now I'm sure there's a couple of hatter.
Speaker 8 (10:08):
Look at you and I want to get my hand
around around that.
Speaker 2 (10:13):
Maybe not in the sporting around and Wellington and Wellington
they've been lining up. I can just imagine Jackson. But
but what do you know what went on here?
Speaker 7 (10:22):
Gods, No, Well, the only goss I've seen is that
it was a It was an article written many years
ago by the said youno John Davidson's his name's UK
based Richie Agars from the UK. It feels to me, though,
so out of character. I've spoken to Richard Agar a
number of times. He is the most generous man with
his time. He's a great chatter. You know, you get
(10:43):
a feel for someone by the way that you interact
with him in a professional sense.
Speaker 4 (10:47):
Ryan this.
Speaker 7 (10:48):
When I heard this, I thought, that doesn't sound like
rich Agar at all. So it must be something that
he's been holding on to for a long time. Because
by the sounds of things, it has happened. It hasn't
been made up, So it's it's obviously a deep seated
grudge or some you know, some stuff from the past
that has just finally bailed to the top and this
has happened. So yeah, we wait to see what happens
(11:09):
from here.
Speaker 2 (11:10):
Yeah, Lydia Coe. Meanwhile, the monster puts selling the deal.
She's taken another one. Amazing.
Speaker 7 (11:16):
You know, I thought she was going to retire, she
said after the Olympics. Look I think, you know, I'm
thinking about knocking it on the head. I just carry on.
If I was her British Open, she you know, went
into the Golf Hall of Fame, she became a dame.
She won the Helberg. She's won again at the World
Championship in Singapore. I just keep playing. She's only twenty seven.
Speaker 2 (11:33):
Run good on the and twenty seven. She's got about
a million bucks for every year she's been on this planet.
According to The Herald this morning. Quite the paypacket. Thank
you so much for that. Jason Pine, sports talk host
seven o'clock tonight right here on news Talk Seed be time.
It's twenty one minutes after four. We will talk more
about that after five point thirty this evening as well.
We'll get some more inside goss, some juice on what
(11:55):
exactly went on, what the beef was. You're on newstalk
seed be.
Speaker 1 (11:59):
Full insight into today's issues. It's Ryan Bridge on Hither
Dupericy Ellen Drive with One New Zealand let's get connected
news talks.
Speaker 2 (12:09):
The'd be four twenty four if you're just joining us.
The Oscars are happening over in Hollywood, and Adrian Brody
has just one Best Actor for The Brutalist. Now that's
the very very very very long movie that they had
to put an intermission in the middle of. Here is
the start of his speech.
Speaker 6 (12:24):
If I may just humbly begin by giving thanks for
the tremendous uh outpouring of love that I've felt from
this world and every individual that has treated me with respect.
Speaker 2 (12:40):
It's nice. That was the beginning of a long speech. Apparently,
speaking of long the Oscars began at one o'clock our time.
They are are they still going out? That the Oscars
right now are still going. It's four twenty four and
they haven't given away the three biggest awards. So anyway,
we'll have more on that. We're going to go to
Hollywood once it's all finished at five point fifteen this evening.
(13:04):
Now to Party Maldi. This is interesting from police. They've
issued a formal warning to the party. This is over
their financial statements. So if you might be familiar with
the story, the Electoral Commission last year said, oh they
haven't handed in the audited twenty twenty three financial statements.
They were due in July. By December still hadn't arrived.
Late December they filed, but they are missing two quite
(13:27):
important things for financial statements. One any signatures, so no
one clearly wants to put their name to them. And
an auditors report was also missing. So what do you
conclude from that, Well that it's either something's wrong or
it hasn't been done right. Now, this was referred to
police in October. It's gone back and forth and back
and forth and back and forth. It's been delays and
(13:47):
delays and excuses. Now an individual, the police don't say who,
but an individual has been formally warned by police about
the lack of any business and their financial statements. From Taparty, Maori.
So Barry Soper will be here after the news at
half past four, well actually no closer to five o'clock,
(14:09):
but we'll have more on that from Barry Soaper now Ryan.
We will also after five here from the Health Minister
Simon Brown. So he's just announced changes. He's going to
try and fix the GP situation because it's a mess.
So you've got emergency departments, you know, the hospital has
been overrun. It's because no one's going to the GP.
Speaker 1 (14:28):
Why.
Speaker 2 (14:28):
Apparently there's a GP shortage and that's causing issues. So
what's he announced today? One hundred clinical placements for overseas
trained doctors. So apparently at the moment there are overseas
trained doctors living here who can't go and be a
GP because they can't do the GP training. So the
government is going to spend the money for one hundred
(14:51):
extra placements for them. They're also going to look at
recruiting four hundred graduate registered nurses per year for three
years and a twenty four and digital service for anyone
who wants to go online and have their medical appointment
done that way. So we'll talk to the Minister Samon
Brown about that after five here on News Talk set.
There days come on the show.
Speaker 9 (15:25):
If This World Man.
Speaker 1 (15:29):
On the iHeart app and in your car on your
drive home it's Ryan Bridge on Hither dupers Allen Drive
with one New Zealand let's get connected youth talks.
Speaker 2 (15:39):
He'd be are you having pay me to have about you?
Be away tonight, good afternoon, it is Tilly five away
from the very will be with us very shortly did
you see in the news today the Health Star nutrition ratings.
You know, when you go to the supermarket and you
want to buy something, there's been a stud done. Do
(16:00):
they really need a study? But there's been a study
published in the Journal of Royal Society of New Zealand
that's found that the Health Star rating system actually doesn't
do anything, which is not surprising to me. Now, some
people want to make it mandatory. You can imagine, there's
always someone who wants to make something mandatory, but there
are just a waste of time and money and energy. Honestly,
people can read the fat and sugar content on the
(16:22):
back of a packet, and if you can't read it,
you can taste it. And if something tastes good, it's
bad for you. That's generally the rule. And if something
tastes good and it's bad for you, then you limit
your portion size while we're added. Actually, I was thinking
about this this morning. It really bugs me that the
same goes for our energy and electricity. When you buy
a new microwave or a fridge or whatever and oven
(16:44):
it's got those stickers on it with the stars and
how energy efficient it is. Have you ever tried to
get one of those stickers off your fridge. There is
nothing more painful than trying to remove one. And even
once you do remove it, there's still a faint outline
of it. So if we're getting rid of the health
style ratings, I say get rid of the energy ratings.
While we're read it twenty four minutes away from five
(17:05):
Bryan Bridge. Very quickly, we will take you to the
Oscars because director Sean Baker, who directed Honora, has just
won and has spoken about well people needing to go
to the movies.
Speaker 5 (17:16):
Watching a film in the theater with an audience is
an experience we can laugh together, cry together, scream and
fright together, perhaps sit in devastated silence together. And in
a time in which the world can feel very divided,
this is more important than ever. It's a communal experience
you simply don't get at home. And right now, the
theater going experience is under threat. Movie theaters, especially independently
(17:37):
owned theaters, are struggling, and it's up to us to
support them. During the pandemic, we lost nearly one thousand
screens in the US, and we continue to lose them regularly.
If we don't reverse this trend, we'll be losing a
vital part of our culture.
Speaker 1 (17:52):
It's the world wires on news dogs, it'd be drive.
Speaker 2 (17:56):
Europe's getting the message from Trump. They're coming together. This
is the UK, France, Canada actually coming across the pond.
Some European countries proposing a peace plan to end the
war in Ukraine. They still need to, of course, get
sign off from Trump. Ursula Vonderland from the European Commission.
Speaker 10 (18:13):
Said this, it's basically turning Ukraine into a steel porcupine
that is indigestible for potential invaders, and therefore the focus
is not only on the military supply, but also, for example,
secure in the energy system.
Speaker 2 (18:29):
Returning to the OSCARS briefly, the ceremony got underway one
o'clock this afternoon our time. It is still going the time.
That means it's been three hours and thirty eight minutes
so far. No wonder nobody watches them anymore. The major
awards are being handed up, but earlier in the night,
the Iranian short film In the Shadow of the Cyprus
one Best Animated Short. The film's director only just arrived
(18:52):
in time to claim their award. They only got into
lapparently three hours before the Oscar started.
Speaker 8 (18:57):
We hadn't obtained our reza until yes, they ange were
totally disappointed, so disappointed.
Speaker 6 (19:04):
Then now we.
Speaker 2 (19:05):
Are here and statue. That's a good storyline. Finally, this
afternoon sounds like Guernsey is the place to be if
you're a wild animal. A Mederian wall lizard has become
(19:26):
a second animal in a week to unexpectedly turned up
in the Channel Islands. Some Gernzians, so what you call
them Gunzians, returning from a holiday in Madeira, accidentally brought
the scaley star way back with them. They only realized
the lizard was in their suitcase when they opened it
up to unpack. The local SPCA taking custody of the
lizard now, but they're under the pump at the moment.
(19:48):
Apparently an invasive gray squirrel hitched a ride to the
island a few days ago and it's still at large.
Speaker 1 (19:54):
International correspondence with ends and eye insurance. Peace of mind
for New Zealand business.
Speaker 2 (20:00):
So Australia were going now, Oli Peterson six pur Perth
Live presents a Oli Good afternoon, Good afternoon, Ryan. You've
got a cyclone sit to hit Brisbane later this week.
How bad do they reckon pretty bad.
Speaker 11 (20:10):
It's so bad in fact that the opening round of
the AFL season, which is meant to be played at
the Gaber on Thursday night, could be canceled, so all
the fanfare, the build up for the season and they
may have to postpone the match. Decision will be made
on Thursday, which has got all the Geelong Football Club
team and supporters pretty upset because they want to know
whether or not they need to go to Queensland. As
you and I speak right now, David Cruci fully, the
(20:32):
Premiere of Queensland, is on his feet and he is
telling it parts of Queensland and New South Wales now
brace for significant rainfall severe wins. Exactly when it's going
to hit is not known.
Speaker 2 (20:44):
At this stage.
Speaker 11 (20:44):
It's still a fair way off the coast. It could
be a Category two or three. But coming down so
far the coast, you know it's going to hit Brisbane.
Like at the moment, the eye of this thing is
tracking somewhere between Brisbane and Marouchi or a little further north.
But this time of year, like we're into March of Ryan,
you don't hear about cyclones hitting that low. If you're
(21:04):
like in Australia at this time of years. So there's
obviously a lot of precautions being taken, a lot of
people being notified as early as possible as possible. But
of course this is going to build and intensify and
we should know more in the next twenty four hours.
Speaker 2 (21:19):
All right, ollie. The federal government now they're still going
with the health handouts, the Federal government promising fifty more
urgent care clinics.
Speaker 11 (21:26):
Yeah, and they're saying that they're hoping that every single
Australian can be seen by a doctor within twenty minutes.
That's the aim of these fifty new urgent care clinics
that cost US six hundred and fifty million dollars. Seems
actually as though there might not be enough money to
build those fifty new urgent care clinics. But straight away
the Royal College of Australian GPS have said, why why
(21:48):
do you want to go and build additional facilities, Why
not pumpty into hospitals? Why not also put that funding
towards the medical centers that we already have, which have
to shut at six o'clock or seven o'clock at night
and keep them op until ten or eleven. I mean
that seems to make a bit more economic sense, doesn't it, Ryan,
That you might get doctors doing night shifts in clinics
that are in the suburbs, so that people go, I'm
(22:08):
not going to the emergency department. I know that there's
a major clinic in my area that I can go to.
That's the infrastructures already, they've been there for a decade
or two. CGP that way, that seems to make a
bit of sense. I think the racgp's got a good
idea here. But this is going to be and so
it should be an election for overhealth because from my
point of view, it's the number one issue that we
(22:29):
are fighting with at the moment in this country, apart
from GOSTA. Living and our health standards are just not
up to scratch in a country that we live in.
I know it's similar for you in New Zealand at
the moment, Ryan, but you just expect more.
Speaker 2 (22:38):
Yeah, Hey, what's happened to the former Australian of the
Year who's had been battling cancer.
Speaker 1 (22:44):
This is really sad.
Speaker 11 (22:46):
Professor Richard Scollier, who was a joint Australian of the
Year in twenty twenty four for his incredible work at
the Melanoma Institute of Australia. He has just discovered that
his brain cancer is growing back.
Speaker 9 (22:58):
Now.
Speaker 11 (22:58):
He undertook an experimental trial and he was happy to
use himself for one of the better term as a
guinea pig with some of the work that was being
done through the Milanoma Institute to try and stop the
growth of his brain cancer. And until late last week
he had some success. Now the brain cancer is back.
He is undergoing surgery today. He has been very very
candid about this and believes that he will probably be
(23:20):
dead within three to six months. And that is just
a horrible turn of events because I had the great
privilege of interviewing him here in Perth last year and
he would be one of the most inspiring people that
you have ever met, and obviously somebody who has dedicated
his entire life to try and find a cure for melanoma.
It looks like brain cancer is going to take his
life as well, which is just incredibly sad.
Speaker 2 (23:41):
Very sad, indeed, Oliver, thank you for that. Oliver Peterson
six pr PERS Live presenter with us greatly and Bridge
Rich Civent to five isn't that interesting? Six hundred and
fifty million dollars for urgent care clinics over in Australia
and today our government here is announcing one hundred clinical
placements for overseas trained doctors. So if you're an overseas
trained doctor and you can, I mean you can obviously
(24:02):
roam freely between Australia and New Zealand, where are you
going to go where they're offering six hundred and fifty
million dollars in funding or where they're offering it doesn't
it's probably so little they haven't even put it on
the release how much we're spending. But Sammy and Brown
will be here after five to talk about this. What
I can't understand, and obviously I'm not a doctor, otherwise
I wouldn't be here, would I of you out saving lives?
(24:25):
But what I can't understand is why you have to
train for two extra years to become a GP. You
know what's up with that? If you've got an overseas
trained doctor, can we not speed that process up? Why
do they need to then spend another two years once
they're here? Presumably I don't know, Yeah, I don't know.
(24:46):
Learning general things nine two nine two. It is sixteen
away from five Barries Oper next.
Speaker 1 (24:52):
Politics with centric credit, check your customers and get payments, certainty.
Speaker 2 (24:56):
Somebody who's just textern. About the doctors. We're going to
speak to Sam and Brown after five the new health announcement, Ryan,
overseas doctors qualifications are not recognized in New Zealand, hence
the need to pass an exam for our health qualifications.
It's just difference, is Sharon. Sharon, thank you for your text,
but I'm still not quite clear why you would need
two full years of training for that. Nine two is
(25:18):
the numbers text. By the way, Honora, the film, we
were talking about the director one Best Director. Now the
film has won Best Picture. Here's some reaction. Thank you
to the Academy.
Speaker 12 (25:28):
We made this movie for six million dollars, shooting on
location in New York City with about forty crew members.
Speaker 1 (25:35):
They're all back in New York. This is for you, guys.
Speaker 2 (25:37):
Thank you so much. We met this to be independently.
If you're trying to make independent films, please keep doing it.
Speaker 4 (25:42):
We need more.
Speaker 2 (25:43):
This is proof. Apparently it's about sex worker in New York.
There you go, thirteen away from five, Ryan Bridge Cherry
Slope is here. Good afternoon, Barry, Good afternoon, Ran. So
we are standing with Ukraine. Whatever that might mean, Well, I.
Speaker 13 (25:59):
Would jolly well hope I know whether you saw it
unfolds in the Oval Office. I've got to say, an
office I've been into many times over the years, and
I see the little pussey where I normally perch myself
and get as close to the president as I possibly could.
But I found it extraordinary. I couldn't believe it. I
(26:20):
thought Donald Trump was the arch bully, lecturing a man
who had lost tens of thousands of his country folk,
and this dreadful war started by Russia, and him to
take this imperious role that he does, bullying this man
and not giving him a fear go, I didn't think.
And it should come as no surprise because there was
(26:43):
a UN resolution last week and the US voted against
the General Assembly resolution that condemned Russia for starting the
war against Ukraine. Now the US was in good company.
They were on the side of Russia. Belarus and North
Korea and even China abstain from the vote, but the
(27:05):
US voted, So shouldn't have come as any surprise.
Speaker 2 (27:08):
But it did.
Speaker 13 (27:09):
To me, just the nature of it. See, the Europeans
have been meeting in London today. They've come up with
a plan and let's how it works. Chris Lux And
just a few minutes ago he told us he watched
the events unfolding the Oval Office on Friday and this
is what he had to say.
Speaker 2 (27:27):
That was a pretty tough watch.
Speaker 14 (27:29):
You know, it was definitely a tough watch. You know,
both parties have said they could have gone you could
have handled it or gone better. The bottom line is
very simple for us, nothing's changed in our position and
support for Ukraine. Ukraine's doing an exceptionally young in presence
LEAs he's an exceptionally good job as a wartime leader,
as a leader of a small country that was invaded
by a bigger country. And we stand with Ukraine.
Speaker 13 (27:51):
Yeah, well so we should, and just along with all
the other European leaders. I mean, it is great worry.
I was talking to an older person a Brick about
it this morning and she was telling me it reminded
her of Christieff, the former Soviet Union leader, banging his
shoe on a table at the UN when he wasn't
getting his way. But I went back over that and
(28:13):
it was in nineteen sixty at the height of the
Cold War. Nobody has actually ever been able to produce
the film of him banging the shoe.
Speaker 15 (28:21):
But he was certainly furious because.
Speaker 2 (28:22):
That there was a report that Biden actually did this
what happened in the White House, Biden had done with
Zelensky privately on a phone call. It was an NBC
report about that a few years.
Speaker 13 (28:32):
It hasn't that the place to do it?
Speaker 2 (28:34):
Well, yes, but this is Trump. I mean, are were
shocked he's a shaman? I mean, is anyone shocked that?
You know what I mean?
Speaker 13 (28:40):
I was furious anyway, Yeah.
Speaker 2 (28:41):
No, fair enough to no fure. I can see why Barry,
more overseas doctor is going to be allowed to practice here.
Speaker 13 (28:46):
Yes, it's interesting, isn't it? Because I've never understood quite
why somebody who has trained overseas and pretty good medical facilities,
we seem to think that the human condition is different
if you come from Britain or Canada or the United States,
where these doctors have basically trained. When they come to
(29:09):
New Zealand, they've got to undergo a further two years training.
Speaker 2 (29:13):
Our bodies and bodies of body, isn't now you know.
Speaker 13 (29:15):
There was a point that I've got to say that
the new Health Minister Sami and Brown made. The point
he made was and it's familiar to many of us
about overqualified people doing menial jobs that they would trained
much for much higher positions overseas.
Speaker 12 (29:33):
Currently some of these people are you know, we hear
the stories driving ubers when they should be actually practicing medicine,
which is what they've been trained to do, but they've
done it trained in a different country. So this announcement
today is about more doctors and nurses in GP practices.
Plus it's about providing another option that New Zealanders will
have to be able to access those important services and
the way that works for them.
Speaker 13 (29:54):
Yes, so the innovation is quite good. Some of the
plans we have got time to go into all of them.
But it is true that now doctors they used to
have to train in hospitals when they come here to
get the New Zealand qualification, now they can train in
GB clinics. The only problem is, of course, so if
you're a member of the public and you go along,
(30:16):
you just hope their creds have been checked out closely enough,
because that's the other issue.
Speaker 2 (30:21):
That's got to be sorted do right, Speaking of checking
your creds out, the Malori parties having some problems with
the auditing of their accounts. This is for twenty twenty three.
They would do last July. They finally had something in December.
But that's right, no signatures, no order to so very
quickly bury. What's happening now.
Speaker 13 (30:38):
Well, the police have issued them with a formal warning,
which is a pretty serious thing. And don't forget the
police are investigating the Maori Party for what went on
in the muddy here in Auckland. But to Marty, the
Maori Party's president John Tamahery, he said all will be
revealed in good time. Rest sure that this is quoting him.
(31:02):
The naughty Natives always comply with a letter of the law.
I mean, please, don't be so frivolous.
Speaker 2 (31:08):
This is pretty important, certainly is and as you said,
it was due last year, yeah, seven away from five year.
On news talk said b I'll tell you what I
think about Donald Trump, and people say I appears to
be siding with Russia. In listening to that press conference yesterday,
I've just isolated a piece of audio for you which
will play when we come back, which I think explains
(31:29):
exactly his position about why he's doing that or appears
to be doing that.
Speaker 1 (31:33):
That's next putting the tough questions to the newspeakers. The
mic asking breakfast.
Speaker 16 (31:38):
So where does the wall go after the White House
melt down? From the CENTIFOL Strategic and International Studies. Senior
advisor Mark cansions, Well, this.
Speaker 4 (31:45):
Is a very uncomfortable exchange. Zolenski was trying to explain himself.
He was cut off. These kinds of exchanges I think
are not uncommon in diplomacy, but that it's done behind
closed doors, not in front of the press.
Speaker 2 (32:00):
Do you see your way to get America back at
the table or not?
Speaker 4 (32:04):
That's very hard to say. The administration has been very
skeptical about each Ukraine. They've become increasingly hostile to Ukraine.
Speaker 16 (32:12):
Back tomorrow at six am, the mic hosking breakfast with
the rain driver of the lam used talk.
Speaker 2 (32:17):
Zb as somebody has it's just gone four minutes away
from five o'clock here on news talks, it'd be somebody
who's text in to say, why are you moaning about
the length of the oscars because it's been going since
one o'clock this afternoon our time. It's still going now
it's five o'clock. Why are you moaning about that? If
you spent thousands on your outfit, would you not want
to have it shown off for as long as possible? Honestly? No,
(32:39):
And besides, they're not spending their own money on those outfits,
aren't they. They've been gifted by designers. Anyway, we'll cross
love to Hollywood for the latest at five point fifteen,
and we're in Europe. Next reaction to Trump vis a Lensky.
Speaker 4 (32:57):
Person where.
Speaker 2 (33:04):
Person Mason.
Speaker 1 (33:09):
Questions, answers, facts, analysis, the drive show you trust for
the full picture? Brian Bridge on Heather Duplicy allan drive
with one New Zealand let's get connected news talks.
Speaker 2 (33:22):
That'd be good. Evening. It is seven after five. The
government's making moves in the primary care sector since afternoon.
They've announced an additional two hundred and eighty five million
dollars in performance based funding for GPS. More on that
in the second they'll be funding for one hundred training
placements for overseas trained doctors to try and get them
into GP practices here. And on top of all of that,
GP practices will be paid an incentive to attract four
(33:45):
hundred graduate registered nurses a year. Simon Browns the Health Minister,
Minister good Evening, Good Evening, the Twildred and eighty five
million dollars the performance based pay. What's the criteria.
Speaker 12 (33:55):
Well, that's about making sure that our GP practices are
offering timing or the books open. So it's about being
able to register new patients, seeing patients within a timely manner,
and also being able to support the government's targets around
immunization and planned care as well. So those are the
(34:16):
things that will be incentivizing gps to support their patients with.
And this is about increasing the amount of funding they
get so they're able to hire more staff and be
able to support their practices to be able to do
that for their patients.
Speaker 2 (34:30):
But how do you get your practice moving faster until
you can hire more staff.
Speaker 12 (34:34):
Well, ultimately, this is about incentivizing what we want for
New Zealanders, which is saying we want to have patients
being able to be able to be registered with a GP.
We want people to be able to be seen. I
mean we hear the stories we're waiting two to three
weeks or more for an appointment, So it's ultimately and
that's why we've also announced today the additional investment and
workforce around doctors and nurses. So today's is about both
(34:57):
doctors and nurses.
Speaker 2 (34:58):
I guess I'll be listening to this, They'll be listening
to this, Minister and they'll be going, hang on a minute.
I'm working my butt off here. I've got all the
staff that I can afford to have and we're all
working around the clock and we you know, how are
you expecting them to do.
Speaker 12 (35:12):
This well effectively? They will be paid more money, That's
what will be going through. This is increased capitation funding
these more money no GP clinics to be able to
support the government's targets around access to GP clinics.
Speaker 2 (35:27):
That's what this is all about, all right.
Speaker 12 (35:28):
Health New Zealand will work through some of the finer
details with GPS, so they'll be involved in that process
and finding will become available from the first of July
this year.
Speaker 2 (35:36):
With the overseas trained doctors, I found it incredible that
you have to do two years? Is that for every doctor?
So if someone gets trained in Britain, do they have
to come here.
Speaker 12 (35:47):
And do doctors which are trained in a different, different jurisdiction.
They come to New Zealand and they are you know,
many of these people are doing jobs which are not
related to their qualifications. You hear stories some of them
driving driving ubers. Actually we want them in GP practices
and what they do is they find it very hard
to get the training placement to be able to get there,
(36:09):
to get their qualification recognized in New Zealand. And so
this is making sure that not only can they do
the exam, but they can actually then do that that
training and that supervision and a GP practice rather than
a hospital, so they're able to actually boost that GP
workforce so that New Zealanders are able to get more
access to time and quality access to healthcare.
Speaker 2 (36:29):
Okay, and that's for countries, not you're not talking about
the US and the UK and Germany.
Speaker 12 (36:35):
There's a variety of rules and there is work that
we need to do to look at those rules as well.
And that's where the medical councils set a whole range
of different criteria and.
Speaker 2 (36:44):
There is there's worse sense to you, like a lot
of it does not make sense to me.
Speaker 12 (36:48):
I'm focused on the patient, not on regulations and rules,
and so there is there is advice coming to me
around how we can look at at some of those
issues as well, because we actually want to make it
easier for people to come to you.
Speaker 2 (37:00):
He's on into practice medicine totally.
Speaker 12 (37:01):
And to be able to support patients. So I'm really
focused on that. There's more work to do. This is
about looking these are the current rules as they stand
right now, and it's about saying, actually, we want these
doctors in gb clinics quickly supporting patients.
Speaker 2 (37:13):
All right, so I mean and Brown appreciate your time.
The Health Minister eleven after five ran Bridge. Europe is
forming a coalition of the willing to try and guarantee
peace in Ukraine. They've had an emergency leader's summit last night,
this after the Zelenski Trump vance scrap at the weekend.
Starma is promising billions more for Ukraine and he wants
his buddies in Europe to follow suit.
Speaker 7 (37:32):
Every nation must contribute to that in the best way
that it can, bringing different capabilities and support to the table,
but all taking responsibility to act.
Speaker 2 (37:42):
Edward Lucas's senior fellow at the Center for European Policy Analysis. Edwards, Hello, Well,
Hello Ryan nice to hear you, nice to.
Speaker 1 (37:49):
Be with you.
Speaker 2 (37:49):
So it looks like Europe's got America's message loud and clear.
Speaker 17 (37:53):
Finally, yes, I'm not quite sure what the message is.
Do we think that Trump is sad mad or or
maybe we should be glad that he's finally kicked the
Europeans into action. But certainly things are moving faster than
they have done before and in the right direction. Whether
it's quite enough it is another matter.
Speaker 2 (38:13):
What more is needed.
Speaker 17 (38:15):
We need to start off by really giving Ukraine the
weapons it needs to defend itself and to deter further
Russian attacks. That would mean that any cease far the
talks start from a position where Ukraine's gone a military edge.
It looks as though there's going to be an initial truce,
(38:35):
just a partial truce to see if they can manage
to stop the Russians hitting energy of the structure and
things like that, and if that succeeds, it'll go on
to a cease far. This is obviously to be presented
to Trump because the American plan is I think much
less attractive to the Ukrainians. If the European plan works,
(38:56):
we can go to the Americans and say, hey, our
plan's working, why you support it? And there's not much
chance I think of us supporting Trump's plan, which is
basically a surrender to poot him. And then the hard
stuff starts, which is how do we actually protect Ukraine
postsease far? And that's going to be really tricky for
the Europeans.
Speaker 2 (39:14):
So you've got Starma talking about boots on the ground
and birds in the sky. But Posen has said very
clearly through Levrov, I don't want any troops on the border,
peacekeepers whatever, I don't want them. How's this going to work.
Speaker 1 (39:28):
Well?
Speaker 17 (39:29):
Indeed? And this will be a big test for the Europeans.
Are we willing to deploy our forces in harm's way
in Ukraine to protect Ukraine post cease far against the
wishes of the Russians? And what happens if the Russians
then attack our troops, you know the drone hits of
British or French or German barracks and kills a few people?
(39:51):
What do we do send across press release or do
we far back and hit something inside Russia.
Speaker 2 (39:56):
Who's actually in the so called coalition of the Willing
that everyone's talking about, who's likely to be in it?
Speaker 17 (40:02):
All the big players, but it's clearly the Brits and
the French. The problem for the others is that the
countries that are most threat aware Finns, Estonians, Latvians and Lithuanians, Poles, Swedes, Norwegians,
Danes are pretty tied up defending themselves. There's not a
huge number of spare troops there, and the Estonians are
(40:25):
worried that the small number of British troops or in
Estonia might be taken out in order to go to Ukraine.
The countries with really big militaries are the Turks for example.
They could help and there maybe something there, but in
the end to defend Ukraine properly you need roughly two
hundred thousand troops there, two hundred thousand getting ready to go,
(40:48):
two hundred thousand recovering from having been there. That would
be the sort of rolling deployment to give them a
South Korean or West German style defense. Going back to
the days of the Cold War defended West Germany against
Warsaw Pact, and Europe just doesn't have that. So even
with the Americans, we don't have that. So peace is
a huge weight onto tarifs. The belief in Russia that
(41:10):
we will far back if we're hit, and that's going
to be a test of political will as well as
of military muscle.
Speaker 2 (41:17):
All right, but thank you very much for that, Edward Lucas,
Senior Fellow at the Center for European Policy Analysis. Time
has quarter past, Fivene. The European plan will fail. Trump's
deal was the best option out there. Trump didn't have
a deal. Let's be clear. He had a mineral deal
with Ukraine, but he does not have even the draft
of a peace deal between Russia Ukraine. He's got the
(41:37):
best chance at this point of broker in one, you'd
have to say, but he certainly doesn't have one in
his hands yet. This from a doctor. We were just
talking to the Health minister about why overseas trained doctors
have to spend two years training here. Again, Ryan, I'm
a doctor. Not all medical schools around the world have
created equal and doctors know full well that we need
to check if our qualifications are accepted where we want
(41:59):
to travel too, and if not, we need to do
some more training. I totally get that if you're coming
from a third world country where your medical school might
not be as good, I can understand it. But if
you're coming from England and you've studied medicine in England
and you come to New Zealand, why would you not
be able to just walk on the door. Are their
bodies that different to ours that you need to retrain?
(42:22):
Sixteen after five News Talk z B just gone five
to eighteen year on News Talk zaid B. We'll get
to Donald Trump and what he said at the White
House little later on. Right now, the oscars are over.
They've finally wrapped up, and Honora was the big winner,
Best Director, Best Actress, Best Picture. He Producer, Samantha Quain,
we made this very little money, but all of our
hearts to all.
Speaker 5 (42:43):
Of the dreamers and the young filmmakers out there.
Speaker 18 (42:45):
Tell the stories you want to tell, Tell the stories.
Speaker 2 (42:48):
That move you.
Speaker 9 (42:49):
I promise you you will never regret it.
Speaker 2 (42:51):
Adrian Brody took out Best Actor for his role in
The Brutalist. Sean Mandel is alloway our Ala entertainment reporter, Sean,
good evening, Good evening, how are you good? Thank you?
I take it you've watched the whole thing. Was this
as expected?
Speaker 19 (43:07):
It was as I was expecting it in the last
couple of days. I will say, but definitely, I think
the big winners. As you mentioned, Anora, the big winner
of the evening comes out as a little bit of
an upset beating the Brutalist, which had up until these
sort of final days been perceived as the front runner
(43:29):
in Best Picture. And also Demi Moore losing out in
Best Actress category to Mikey Madison from Anora, that was
something that was There were beginning to be signs that
that was the way the race was going to go,
but Demi was still very much the front runner by
(43:49):
all conventional logic going into this evening. And another big
shocking moment is that director, writer, director editor of Anora
Sean Baker, who is a longtime independent filmmaker. This film
is a true independent film made for six million dollars,
which sounds like a lot of money, but to make
a movie, it is not a lot of money at all.
(44:12):
And he came home with four oscars in one night,
the record for the most number of oscars taken home
by one person in one evening.
Speaker 4 (44:24):
Ever.
Speaker 2 (44:24):
Wow, who was who looked the best? That's most important
thing about the Oscar, isn't it?
Speaker 19 (44:29):
That is really the most important thing I have to
say I think Demi Moore look absolutely stunning. God looked
just gorgeous, modern but still classic Hollywood. I thought Ariana
Grande gave a very, you know, pitch perfect I look
(44:50):
for Glinda in Wicked, but also still very red carpet
appropriate without it being too cost to me, so I
thought she looked great. Coleman to Mingo among the gentlemen,
always knows how to make a splash on the red carpet.
Definitely a little bit more out there, if you will.
But in terms of it's that he wore a red
(45:11):
tuxedo ensemble, but the tailoring, the look is always exquisite,
so I always got to shout it out to him.
Speaker 2 (45:17):
Brilliant. Sean, thank you for that. Sean Mandela La entertainment
reporter on the Oscars results and Noorra is the film
about a sex worker in New York for the Paraldy.
You've got to see because it's one of the most
number of Oscars today, including the big one Best Picture.
Twenty two minutes after five terms of trade numbers out today,
give you those. That's for December. I'll give you those
after the news at five point thirty, and next I'll
(45:38):
tell you about I mean, we talk a lot about
Ukraine in this country, but the biggest geopolitical threat, if
that's the word you want to use, is actually far
closer to home.
Speaker 1 (45:47):
Getting the facts, discarding the fluff. It's Ryan bridge on.
Hither do the c Allen drive with one New Zealand
let's get connected news talks.
Speaker 2 (45:57):
That'd be five twenty four. Here's a question for you,
what exactly does our independent foreign policy stance really mean? Really?
Politicians of all colors love throwing it around as a
badge of honor and our post nuclear free utopia down under.
It makes us feel good like we're morally superior for
(46:17):
our anti nuclear stance. Plus, in theory, it also helps
to appease China by making us look a shade less
apron strings to Washington right now. At the weekend, Helen
Clark came out suggesting that we quit the five Eyes network.
She also asked why we'd bother up in our defense spending.
There's a lot to unpack here. No doubt these moves
(46:37):
would boost out so called independent foreign policy credentials, but
you've got to ask yourself what are we actually hoping
to achieve here? The big worry in our part of
the world, of course, is Taiwan, not if, but when
the Chinese try to take it back, our economy, our
trade get absolutely smashed hammered. And if we think a
bumper sticker telling the world that we have an independent
(47:00):
foreign policy is going to help us, well, we'd be wrong.
There's a guy who lives in Wellington named Ford Hart.
He's an American diplomat thirty three years experience. He's been
consul general to Hong Kong and Macaw, director of the
National Security Council in China. Big dog knows his stuff right,
He reckons the only way that China would see us
as some sort of Switzerland of the Pacific would be
(47:23):
to ditch and us all together. Cut our defense packed
with the Assies because they're tied to the Yanks, and
then we're basically all tied to one another anyway. We'd
also need to ditch Five Eyes, as Helen suggested, cut
maritime patrols with Washington and Canberra. The list goes on. Basically,
we would need to unfriend the West and then we
(47:45):
could rarely call ourselves and dependent. Are we really ready
to do these things? To ditch our ossie cousins, to
let China, swallow Taiwan in our own backyard. The reality
is at some point we're going to need to aside
and stop pretending that we're everybody's friend and nobody's enemy,
and that day might just be closer than we think.
(48:08):
Brian Bridge time is twenty seven minutes after five, Y're
on News Talks MB. Very quickly. We're running through our
terms of trade because this is good news for your
Monday afternoon. So it's up. This is for the December quarter,
up three point one percent, which is great. Why basically
our export prices have been good. This is dairy, beef
and lamb. Terms of trade is basically the value of
(48:30):
your export prices versus your import prices. So ours are
going up, the imports aren't so much. So that means
that we've got a positive balance to trade. Terms of trade,
I should say for the December quarter, which is great.
Twenty seven after five News Talks MB. What happened with
the warriors in Vegas? We look at that afternoons again, even.
Speaker 20 (48:53):
After all the sun.
Speaker 1 (48:56):
Putting the challenging questions to the people. At the heart
of the story, it's Ryan Bridge on hither dup see
Ellen drive with one New Zealand. Let's get connected. News
Talk sa'd be.
Speaker 2 (49:20):
Good evening. You're on news Talk, said, be twenty five
minutes away from six. Great to have your company loads
of feedback on our so called independent foreign policy and
what exactly it means. We'll talk to a huddle about
that as well. In just a second, clear the Lore
journalist and Jose bucganny Child funds that you are joining
us in just a few moments, very quickly. Some numbers
came out today on pets. If you didn't know, sixty
(49:42):
three percent of homes in New Zealand have pets in them,
forty percent cats, thirty one percent dogs, and the rest
are like horses and rabbits and stuff. It's interesting for
those people who don't have a pet in their house,
sixty percent of them want one, which means I'm assuming
that it's you know, you can't afford one, or you
haven't got the room for one, or you're getting on
(50:04):
maybe and you don't want to have you can't walk them,
all those sorts of issues. But it's interesting, isn't it.
We have one point two million cats, eight hundred thousand dogs.
I have a beagle in my house and Honestly, she
brings the house to life. And that sounds really pathetic,
but it's true. She absolutely brings the house to life,
and she's a constant enjoyment. I've never had a dog.
(50:28):
I had a dog for a short time, is it
when I was a kid as a family, but I
just wouldn't go without one. I really wouldn't. Twenty three
away from six, Ryan Bridge, the Las Vegas trip couldn't
have gone worse for the Warriors. They got thumped. We
know this thirty eight by the Raiders, but an assistant
coach is now facing serious allegations. Richard Ago alleged to
(50:49):
have grabbed a journalist by the throat during the game.
The NRL is investigating. The Warrior's boss has spoken with
the leagu's integrity units. All a bit of a mess.
Wayne Goldsmith, the international sport coaching expert who's with us
Wayne good evening, Good Evening.
Speaker 8 (51:05):
Ryan, And without wanting to make it flippancy about that
current situation, I'm very lucky. I live in the bush
in Australia, not that far from Lismore where the rains
about the hit, and we've got some pets that might
be of interest.
Speaker 2 (51:19):
The other day down at my home office, I was
about the end of the door.
Speaker 8 (51:22):
And we had the koala on the ground and he
walked past. I won't tell you that he said a
low but he walked past, and he just dashed up
the tree right behind my office. So I'm one of
those sixty percent of people that believe pets are wonderful
all the time, and.
Speaker 2 (51:36):
Yours you don't have to feed and pay for the food,
so that's great. Hey, this is quite a serious situation
what's happened in Las Vegas if it's alleged at this point,
obviously we don't know exactly what happened, but it's not
a great look. What do you do about something like that?
Speaker 8 (51:51):
Well, it's funny, having worked with a lot of pro
football teams, generally, what you've got a structure within the
team is what we call a christ management group or
a management team.
Speaker 21 (52:03):
You've always got a group of people that.
Speaker 8 (52:05):
When something happens, to make sure that first of all,
the matter is researched, investigated properly, correctly, legally, and that
of course there's as much support for the mental health
and as much support as possible to the staff member.
So I'm sure they're a very professional organization and I'm
(52:25):
sure that they're doing all those things really well. And
the important thing Ryan is that to make sure the
thing is played out correctly, properly in time. It's so
easy to hang people in the court of public opinion,
but it's got to be done fairly, ethically and of
course legally, and give every possible support to the coaching.
Speaker 2 (52:47):
Question and the players as well. That's the other side
of this, I guess the players are normally you look
to your coaches for a bit of guidance on how
to behave it's it's they's obviously going to be something
that you have to address.
Speaker 1 (52:58):
You do and the player will be aware.
Speaker 8 (53:01):
Some of them may be aware of what actually happened.
Speaker 1 (53:03):
Some will be hearing.
Speaker 8 (53:05):
Second, third, fourth, an, some of them will be getting
social media posts or text from home and they'll be
completely unaware of what happened because they were focused on
playing or recovering or warming up a warming down, depending
on where and where it's alleged to have happened. So,
of course, in any of these crisis situations, we make
sure that the players are given every possible support system
(53:28):
around mental health and wellbeing and supporting them as a term.
Speaker 13 (53:32):
I've got no doubt those things are happening.
Speaker 2 (53:34):
Wayne, Thanks for your time. Wayne Goldsmith, international sports coaching
expert on the Warriors disastrous adventure over in Las Vegas.
Twenty away from six The Huddle.
Speaker 1 (53:43):
With New Zealand Southeby's International Realty Find You're one.
Speaker 2 (53:46):
Of a kind joining the Huddle tonight. Clear to Lord journalists,
good even clear. Good to see you and Jose Beganni's
here child fun Ceo, Hi, Jose, Hello, Hello, Great to
have you both here. Now let's start with what's happening
with Ukraine in a funny kind of a way. Clear.
And I'm not saying I love Trump.
Speaker 9 (54:04):
But you better not.
Speaker 2 (54:05):
He's come out. He's come out, he's come out, and
he's shaken the tree. And he's actually got Europe to
do really what the Americans have wanted Europe to do
for the last forty years, which is up their defense
spending and look after their own backyard.
Speaker 9 (54:21):
I think that's but like beating somebody up so that
they go on a self defense course, I can't say
I think that's a really good way of going around it.
Speaker 2 (54:31):
Well it worked, I mean, look at them, Yeah, yeah, but.
Speaker 9 (54:35):
The bodie boys in the White House, you know, who
are basically mobsters now, in my view, they are going
to read what they so eventually, because you know, Putin
has really played them. He will continue to play them
when there is eventually a resolution, which there has to be.
You cannot keep on fighting a war like this forever
because it is literally killing so many people on both sides,
(54:58):
young people. It's an art of tragedy. But you know,
Putin will still be there in Russia. He will probably
And we've got to remember this is week five or
six of Trump's second term.
Speaker 2 (55:11):
There are many more, but already we're talking about a
potential seas fire and we've had three years without those
words really entering the lexicon. Josie, Well, Ryan.
Speaker 22 (55:24):
What we're really talking about here, This deal that Trump
is putting forward is a deal for surrender, not peace.
Speaker 9 (55:30):
You've got to be really clear about that.
Speaker 22 (55:32):
I mean, you know, it does involve Ukraine getting nothing
and giving up everything. I'm just staring at the cover
of Private Eye actually this week, which has Trump asking
Zolensky a question, what guess what the deal is? And
Zelensky replying, I give in, and Trump says correct. It
is a surrender, Ryan, it is a surrender. And I
(55:53):
think that what you what you're seeing here is a
kind of replay of what Churchill went through in nineteen forty,
where all the pressure came on to surrender to appease Germany.
And you know you now understand the kind of pressure
that he was under. But also run you. I just
heard you talking about independent foreign policy.
Speaker 4 (56:12):
For me.
Speaker 22 (56:13):
Independent foreign policy for New Zealand is not about picking
one side or the other. It's actually about hedging, hedging
so that we don't go right. We're all in with America,
and frankly, I don't think we want to be all
in with America.
Speaker 20 (56:27):
I don't want to.
Speaker 22 (56:28):
I agree with you or Panama. But you've got a
hedge between tiny.
Speaker 2 (56:32):
But my point is you will hedge all day long
until it comes to a head and you'll have to
pick a side at some point.
Speaker 22 (56:40):
But you're not you're picking, Yes, absolutely, you're picking aside
in terms of our values and our principles. And I
think the key thing with Ukraine is we have to
be a tight, really tight team here of countries that
are democratic, that believe in freedom of individuals, freedom before
the law, So we do have to make a decision
to be out of the coalition of willing. That's absolutely true.
(57:02):
That doesn't mean we walk away from China, you know,
that's that's a very different question.
Speaker 9 (57:06):
And Ryan, You've got to remember when you talk about
what Ukraine will settle for, they gave away in nineteen
ninety five. They gave away their nuclear arsenal in exchange
for specific protections from the United States the UK and
it has where has that got them? And Russia was
actually one of those one of those who agreed not
(57:28):
to have aggression. I think one of the many casualties
of this will be any sort of nuclear disarmament talks
in the future. Yaho's ever going to give them away now?
Speaker 2 (57:38):
Totally? Why would you? And no one, well, no one
can be trusted on their word, can they? And a
word doesn't last forever.
Speaker 9 (57:44):
No, especially Trump, I would not trust a single thing
he says.
Speaker 22 (57:49):
You've got I think we've Yeah, We've got to wake
up and smell the coffee here. I mean, Trump's USA
has now swapped sides. There's no doubt that Putin is
the person he's supporting the lead.
Speaker 2 (58:03):
I have a hard time agreeing with that, and I
have a piece of audio when we come back. I've
got a piece of water. I'm going to play you
persuade us, and I'll persuade.
Speaker 22 (58:11):
Your audio, and we'll see where we stand.
Speaker 2 (58:14):
Clear the Law and jos Bucani about to get schooled.
Speaker 1 (58:20):
The huddle with New Zealand Southeby's International Realty, the ones
with Local and Global Reach News Talks.
Speaker 2 (58:27):
The bead is sirteen minutes away from six and Clear
the Lord. Journalist Josie beginning child fun CEO with me tonight. Now,
I promised you before the break, I'll play a little
bit of audio. This is from Donald Trump at his
press confidence at the weekend with Zolenski. And this is
because everybody keeps saying, oh, he's gone with the Russians,
He's siding with Putin. He was actually asked about this
(58:48):
at the press and here's what he had to say.
How explain it?
Speaker 18 (58:52):
Well, if I didn't align myself with both of them,
you never have a deal. He wants me to say
terrible things about Putin and then say, Hi, Vladimir, how
are we doing on the deal. That doesn't work that way.
I'm not aligned with Putin. I'm not aligned with anybody.
I'm aligned with the United States of America and for
the good of the world. I'm aligned with the world,
(59:15):
and I want to get this thing over with. You
see the hatred he's got for Putin. That's very tough
for me to make a deal with that kind of hate.
He's got tremendous hatred and I understand that. But I
can tell you the other side is exactly in love
with you know him Ei there, So it's not a
question of alignment.
Speaker 10 (59:32):
I have to I'm.
Speaker 18 (59:33):
Aligned with the world. I want to get the thing set.
I'm aligned with Europe. I want to see if we
can get this thing done.
Speaker 1 (59:41):
You want me to be tough.
Speaker 18 (59:42):
I could be tougher than any human being you've ever seen.
I'd be so tough, But you're never going to get
a deal that way. So that's the way it goes.
Speaker 2 (59:50):
Joycey does that I'm the toughest man you But yeah,
the point is he's sighing. Basically, I don't want to
you know, I'm trying to curry favor with both of
them because I'm going to have to sit down and
actually do a deal with them.
Speaker 9 (01:00:06):
Why would you call well, but what is actually what
he's actually saying.
Speaker 22 (01:00:10):
Though, if you substitute, and I know, using the word Hitler,
you've lost the argument already. But if you substitute the
word Putin for Hitler or Russia for Germany's Second World War,
imagine that conversation in nineteen forty, so that what he's
asking here is for complete capitulation from a country that
was invaded. Now, if you think that Russia is going
(01:00:33):
to stop at the border of Ukraine or stop at
the border of the territory they've already got, you're dreaming.
Every single time that Putin has signed a deal, he's
broken it. So the key thing here is that who
trusts Putin in this so called deal that Trump thinks
he's the toughest guy around that he can organize, it
is simply surrendered.
Speaker 2 (01:00:54):
Let's move on to pets.
Speaker 9 (01:00:55):
No, this is so much, This is much matter.
Speaker 2 (01:00:59):
In one word, did I convince you, cleiar?
Speaker 8 (01:01:01):
No?
Speaker 2 (01:01:01):
You did not. I do think so.
Speaker 9 (01:01:02):
You convinced me that you're younger and optimistic, and I
love that about you.
Speaker 2 (01:01:07):
Nothing wrong with being young, there is nothing wrong without it.
Speaker 9 (01:01:10):
I will wish I was Are you.
Speaker 22 (01:01:12):
A dog man or a cat man?
Speaker 21 (01:01:13):
Right?
Speaker 2 (01:01:13):
I'm definitely a dog man. I was just saying earlier,
I've got a wee beagle in my household, and I
just honestly, I'm just in love with her. And it's
such a I always looked used to think about those
dog people, in those pet people. I think, man, you
guys are kind of losers, like you know, go and
hang out with some humans, make some meaningful relationships. Why
are you at home all the time with your pet?
But clear honestly, it's it's it's quite addictive.
Speaker 9 (01:01:37):
Do you have full ownership of this dog? And are
you financially responsible for this dog?
Speaker 2 (01:01:41):
Yes?
Speaker 9 (01:01:42):
Okay, and yes we have one remaining cat of two
got very sick about four weeks ago. Let's say she's
really in the twilight of her life. But anyway, went
to the vet. Was the cat clearly was a wee six.
I was asked, would you like to sign I do
not resuscitate? I said, what when I get the bill
because it was already by stage and well into the hundreds.
(01:02:04):
But anyway, said cat is now living. But when I
commented to the vet, she's never actually, in a funny sense,
been more cheerful since the first one died about a
year ago and said, never have a second cat with
your cat. They don't like other cats. They really like
to be number one and only one.
Speaker 22 (01:02:21):
That's why we're dog people, clare Me and Ryan definitely
dog we have Over the last few years. We've had dogs, chickens, ducks, horses, sheep.
We've got the sort of lifestyle block for which we
are woefully ill equipped, I need to add, but we
are quite good at looking after the dog. The other
animals tend to look after themselves, and the dog is
like we've got three kids. The dog was always like
(01:02:43):
the second or third kid, depending on the hierarchy at
the time. We loved our dog and I often confused
my youngest son with the dog and call them by
the same name.
Speaker 9 (01:02:54):
But yeah, you're right Ryan.
Speaker 22 (01:02:56):
Until you have a dog, you don't understand the absolute
purity of the friendship you can have with your beautiful dog,
unlike human beings.
Speaker 2 (01:03:03):
Yeah, it's pretty nice.
Speaker 9 (01:03:04):
Just picking up the pop of any other human, any
other creature look at shows the level of devotion that
you know, God.
Speaker 2 (01:03:11):
On YouTube beyond clear. Thank you very much for that.
Very interesting from everybody, actually, and I'll tell you what
the text machine has gone it's broken, it's gone nuts.
We will get to some of that.
Speaker 9 (01:03:24):
Yeah, and see people are really of it crossed with us. Josie,
bring it on, Josie woman, it goes both.
Speaker 2 (01:03:34):
We'll get to some of it after this. That is clear.
The Lord journalist and Josie Beganny Child fun ceo here
on news Talk ZIB.
Speaker 9 (01:03:42):
Oh, that was fun.
Speaker 1 (01:03:44):
It's the Heather Dupless Alan Drive Full Show podcast on
my Art Radio powered by News Talk zib.
Speaker 2 (01:03:53):
News Talk ZB. It has just gone five minutes away
from six. We just had a lively discussion about the
war in Ukraine and with our huddle this evening, and
I just read one text from the thousands we got
sent in the last couple of minutes because things get
a little heated. You can either have peace or you
can have justice. You cannot have both. Both of your
(01:04:14):
commentators want to continue the war until there is nothing.
I think this is the point, isn't it. You either
negotiate and negotiations involve concessions to try and get to
a cease fire or a truce and then hopefully maybe peace,
or you continue fighting. And continuing fighting means more money
(01:04:35):
from America, and it means a lot more money from Europe,
and our European country is really in a position to
be able to afford to fork up billions and billions
and billions more for how many more years? That's really
the question, though, that I guess the question that the
world is grappling with right now. Just gone four minutes
(01:04:56):
away from six here on Newspaloks here be showing up.
After six, we're going to talk to Nicola Willis. There
was a really interesting piece from Thomas Coglan and The Herald,
and it talks about our debt, and it talks about
the international ratings agencies who look at us and say, yeah,
you're worth this a triple A plus whatever. And it
just made the point that we are spending today twice
(01:05:18):
as much servicing debt as we were in any year
prior to COVID. And one of the things that governments
all over the world are doing is not pulling back
the money that they dished out during the COVID years.
One of the things that we dished out during the
COVID years was the school lunches, and I just thought,
(01:05:38):
you know what, maybe they need to just cut the
free school lunches altogether. If the complaints are so bad,
you know, are the kids really that hungry if they're
not eating the lunches? It's half a billion dollars in funding.
Can our books support it? Nicola Willis live next.
Speaker 1 (01:06:00):
Do keeping track of where the money is flowing. The
(01:06:25):
Business Hour with Ryan Bridge and May's Insurance and Investments
to Grow your wealth, Protect your Future. News Talks at
Be Good Evening.
Speaker 2 (01:06:35):
It is seven after Sexier on News Talk said b
coming up. Shane Soley has a market update for us.
The CEO of New Zealand, King Salmon, is on the show.
The government's pouring a bit of coin there into aquaculture.
Gavin Gray's Out of the UK will have the latest
on Starmer and how the Brits are viewing his performance
at this emergency summit over in Europe right now though
(01:06:55):
Nichola Willis is with us, the Finance Minister, Minister. Good evening,
Good evening, run. Good to have you on the show
was always I noticed in the health announcement today that
the funding is going to be tied to performance, for
you know, there's going to be KPIs. Can we expect
to see more of this type of funding in the
budget that if you give money to these departments, actually
(01:07:15):
you'll have some expectations about how it's going to be
spent and what you expect from it.
Speaker 20 (01:07:21):
Absolutely, So what we judge the health system by is
what do patient see as an improvement? And of course
we want to ensure that GPS get the funding that
they need, but that needs to result in something that
you can actually appreciate. So are they seeing more patients,
is it that you wait less time? Are they making
(01:07:42):
sure that immunizations are getting into the arms of our kids.
So we're having a clear direction of tying additional funding
to increased performance so that New Zealanders get a better deal.
Speaker 2 (01:07:52):
Because I imagine they will say turn around and say, well,
thank you, that sounds nice. I'd love to get the
extra money, but in order to get that money, I
need to hit the targets first. And how do you
hit the targets until you've got the people or the
extra resources to do it.
Speaker 20 (01:08:07):
Well, what we're saying is, in addition to their annual
increases in funding that GPS always get, we're also going
to put another two hundred and eighty five million of
this performance based funding in there. And that's for really
reasonable things to make sure New Zealanders can see their
GP faster. So it's incentives to offer enhanced access after
our keeping their books open to new patients, achieving government
(01:08:31):
health targets and doing some more minor planned care. So
I think that's utterly reasonable that, yes, we keep uplifting
your funding each year, but when we give you a
boost like this, New Zealanders get a boost as well.
Speaker 2 (01:08:44):
So well we can expect see more of that type
of talk and performance incentives in the budget.
Speaker 20 (01:08:52):
Yes, because what we want to see is improved results
for people, not just more money pouring in. We had
years of more money pouring in to every facet of
New Zealand life under the last government, and many keywis
will tell you things didn't really improve much in many areas,
whether it was educational achievement, whether it was actually roads
being built. So our focuses value for every dollar of
(01:09:15):
yours that we spend.
Speaker 2 (01:09:16):
Great piece by Thomas Coglan in the Herald this morning,
Well they always are from Thomas, but big deficit, rising debt.
You know he's spoken to all the rating agencies and
I just found a really interesting part was from S
and P who said that after you know because we're paying. Now,
what are we servicing debt? Servicing costs of what nine
billion dollars, which is double what they were pre.
Speaker 20 (01:09:37):
COVID, that's right, and that's a huge amount of money.
That's a money triple what we invest in the police
every year. So the debt comes with a.
Speaker 2 (01:09:44):
Price and double defense.
Speaker 4 (01:09:46):
Right.
Speaker 2 (01:09:46):
So what So one of the things that they've talked
about is during COVID, a lot of governments around the
world came out with policies and programs and actually, we're
just having a hard time pulling them back. We've created
an expectation. Have we done that with school lunches?
Speaker 20 (01:10:05):
Well, look, I'm going to be candid with you on
school lunches, which is this. I accept the argument that
says I don't want kids not learning at school because
they're so hungry they can't concentrate. That was the initial
reason for a school lunch program. But I think we
should always line that up with parental responsibility. So when
(01:10:25):
I see teachers and principles saying this food isn't very tasty,
I do expect the contractors to be delivering high service.
But I also think if mums and dads are really
unhappy there's nothing to stop them putting a veggiemite sandwich
and a banana in their children's school bag. And actually,
that's why we have a welfare system in this country,
so that every family raising children has a minimum level
(01:10:48):
of income needed to deliver for their needs. So I
think we do need to get away from the idea
that the government does everything. We have chosen to continue
the school lunch program in an efficient way, and we
should keep having performance from those contracts. But none of
that means the end of parental responsibility.
Speaker 2 (01:11:04):
No, but aren't you by by doing that, by continuing
with the program, you are abdicating parental responsibility because the
state is inserting itself and saying we'll provide it. And
as soon as you do that, the end that you've
got kids saying, well, I had pit every day. I mean,
for goodness sakes, I had lunch and sausage every dayment
at school, And I said, you know, you just hate it.
(01:11:25):
I mean, you create an expectation and once you've done that,
it's very hard to undo, isn't it.
Speaker 20 (01:11:32):
Well, what we have done is reduced the amount of
expenditure on that program significantly, made it leaner and meaner.
We've done that on a time limited basis so that
we can evaluate it, see what effect it's having, and
then make decisions.
Speaker 2 (01:11:45):
For the future, so you could get you could cut
it further in future.
Speaker 20 (01:11:51):
That's not what I'm saying today. Kebinet's made a decision
to fund the program as it is in a reduced form.
But as I as I say, I think that parental
responsibility is still very important. And before people complain that
their kids really don't like the lunch let's remember mums
and dads can make lunch boxes for their kids, or
you know, get their kids to make their own lunch boxes.
Speaker 2 (01:12:13):
True. Hey, terms of trade numbers are today good this
the December quarter, up three point one percent. It's largely
on the back of our you know, our primary industries.
It's dairy, it's red meat. Those things are going up
and so we do better.
Speaker 20 (01:12:28):
Yeah, that's right. Go the farmers. And I tell you
I've spent a bit of time in rural New Zealand recently,
and that money is starting to flow through into those
communities because when farmers are making more money, they tend
to spend it at their local shops. They tend to
buy equipment, do more repairs on farms, and that's great
news for all of us.
Speaker 7 (01:12:46):
And this is a.
Speaker 20 (01:12:47):
Continuing story where the prices we're getting for our exports
are rising faster than import prices, and so actually our
terms of trade is now thirteen point six percent higher
than in December. That it's a really good thing. It
basically means that New Zealand is doing a better job
of paying our way in the world.
Speaker 2 (01:13:05):
There's a story out this morning about these three thousand
low income families. The government has decided not to adjust
this very little known tax credit threshold, which effectively has
frozen their incomes. A lot of them are single parent
households for the year. Do you are you aware of
that or do you have a problem with that.
Speaker 20 (01:13:23):
You haven't characterized it quite right, Ryan. What we did
at the budget was we made the generous decision to
pass on a twenty five dollars increase in the in
work tax credit as part of our tax package to
this group of families. So that went well above the
increase that they would normally increase in a year. And
so what that means is that we're not then doing
(01:13:46):
another increase at this point in the year as is
historically the case, and families are still much better off
than they were prior to the tax package. This payment
is all about ensuring that families are always better off
in work than not working, and that they face good
incentives to take on extra hours of work. I'd fully
acknowledge there are still issues in the working for Family
(01:14:08):
system which mean that sometimes those incentives to keep working
extra hours aren't as good as they should be. And
that's something I've got under active review, and I think
we can do better on in the future.
Speaker 2 (01:14:18):
All Right, tunds like we might get something in the budget.
And what about ACC, because obviously Bailey's gone, it's Scott
Simpson now in charge, seven point two billion dollar deficit.
Is the turnaround plan still on track? What's happening here?
Speaker 9 (01:14:32):
Absolutely?
Speaker 20 (01:14:33):
There's two independent reviews underway. The first is on ACC's
operational performance. So that's basically saying if someone goes on ACC,
we want confidence that they are doing the right things
to get them back to work rehabilitated as soon as possible,
and their performance in that way has really fallen off
in recent years, and you and I end up paying
(01:14:54):
for it. Because that's why levees keep increasing by as
much as they have, and we want to see those
levy increase moderation over time. So that means ACC has
to get better at buying the right rehab getting people
back to work sooner. And then the second thing is
we're also reviewing their investment strategy. They manage nearly fifty
billion dollars worth of investments, so we need to make
(01:15:15):
sure that they're managing them in the best way possible.
Speaker 2 (01:15:18):
All Right, did you see the Oscars result? And have
you seen anor the movie that won?
Speaker 4 (01:15:22):
Ah?
Speaker 20 (01:15:23):
Look, Ryan, the truth is I don't get out much,
so I haven't seen that one. I haven't seen that one.
Speaker 2 (01:15:29):
Even if you did. Good luck affording the movies, absolutely
outrageous what you pay to go see a film these days, minister,
Thanks very much you time, Nicola will Nicola Willis, who's
the finance minister? It is sixteen after six News Talk
ZBB will take a look at the markets.
Speaker 1 (01:15:43):
Next, it's the Heather Duple see Allan Drive full show
podcast on my Heart Radio empowered by News Talks EBB.
Speaker 2 (01:15:52):
Eighteen minutes after six News Talks ZB Shane Soley Harbor
Asset Managements with US, Shane good evening. Okay, Ryan, what
is this, this meeting between Trump and Zolenski and the
pesky jd Varanes butting in what does it mean for
capital markets? How capital markets dealing with the bombs and
the surprises.
Speaker 15 (01:16:10):
It was pretty fiery, wasn't it. Well, Look, actually markets
in the US were rattled initially. We saw the US
dollar actually go up. That's what happens when people get
worried about risks, they go into a rather protected place
to be. Then the shoemaker actually she went down, but
then it had a really good rally into the end
of the period. So actually been of it. All US
dollar up, US shares up. I guess that this has
(01:16:32):
become a little bit wary about White House announcements. You know,
we also had mister Trump talking about his new cryptocurrency
reserve that put a little bit of a match under
the bitcoin price, which has gone up eighty percent since
you talked about that. So yeah, we're nothing in this
part of the world today. We haven't really reacted to
this part of the world. But people are going to
watch really closer this week about whether there's more discussion
(01:16:53):
about Canada Mexico tariffs, where they're going to be delayed
until April, and whether the Chinese tower go up.
Speaker 2 (01:17:02):
Yeah, or even the amount changed right because he said
twenty five percent, and then there was an official from
the White House coming out today saying, oh, actually he
may change that from twenty five. A lot to watch,
A lot to watch. What was behind the Warehouse Group
their sheer price down seven percent today? What was there there?
Speaker 15 (01:17:18):
We saw a pretty cautious update from the company. These
tough trading conditions they've continued, and a lot of it's
about promotional activity. So basically the company is having to
cut prices and really stimulate sales to try and get
their numbers up. Unfortunately, it's not quite working their way.
Group salers are down for this first half of twenty five,
not as much as people have been expecting, and they're
(01:17:41):
actually talking about sales, but it's all about Hey, they've
had to cut their prices. They're getting their margins back
to where they were perhaps pre COVID more normal levels. Unfortunately,
that means the next half is looking pretty soft for
the Warehouse. In fact, their numbers are going to look
quite a lot lower than whether Capital Market expected. As
(01:18:01):
a result, we've seen this the chair price come off
quite quite sound me today.
Speaker 2 (01:18:06):
In contrast to that, we've had Pacific Edge. The price
is a strong recovery over the last couple of days
on some positive news.
Speaker 12 (01:18:13):
Yeah.
Speaker 15 (01:18:14):
Look, the American Neurology Eurology Association actually amended their guidelines
to say that Pacific Edge is sex bladder trioch test.
This is for discovering whether you unfortunately have bladder cancer
or otherwise. They said, look, actually this is great, We're
going to put it in our standard of care. And
as a result, this may see Pacific Edge go back
(01:18:35):
to the US centers for Medicare Medicaid. It's the major
insurance provider from the government. Recently they said, look, we're
not going to provide insurance. We're not going to cover
the costs of the test anymore. And so the Pacific
Edge share price fell. This actually puts them back in
the game in terms of potentially getting that funding back.
So the share price has gone one hundred and thirty
(01:18:56):
percent in the last few days to fourteen dollars or sorry,
fifteen sense I should say today. So yeah, big big
pop there on that data.
Speaker 2 (01:19:04):
Very quickly. The New Zealand shear market generally was down
three percent last month.
Speaker 1 (01:19:09):
Why.
Speaker 2 (01:19:10):
I mean, obviously Spark hasn't helped us in the last
really while. But what's behind that is that just a
general first half reporting season and being a bit gloomy.
Speaker 18 (01:19:17):
Yah.
Speaker 15 (01:19:18):
Yeah, I think there's a combined thing as you right, Ryan,
there's a global activity in this trader, and certainly we've
just talked about disappointing earnings results that have fed through
the Ernie's downgrades for this current financial year. And also
we had quite a large capital raising both Ryan and
this ban Dollar Rays. We needed to sell things to
fund that, but it wasn't all gloomy with green shoots
(01:19:39):
coming through in a few results. Lower government bond you
was helpful for valuations and we might look back and
say some of these liquidity events around Ryman and even
the MSCO Global Next changes for contact creating some great
opportunities for long term investors. But yeah, we've hopefully seen
the base Ryan. Is probably the best thing we'd say
is we've seen these green shoots more regularly.
Speaker 2 (01:20:00):
Shane, Thanks for your time, Shane. Sally Harbor Asset Management
time is twenty three minutes half for six. When we
come back where New Zealand did win slightly a little
bit at the oscars.
Speaker 1 (01:20:09):
Everything from SMEs to the big corporates of the Business
Hour with Ryan Bridge and Man's Insurance and Investments, Grew
your wealth, Protect your future. News talks that'd be.
Speaker 2 (01:20:22):
We're going to talk to Carl Carrington, he's the King
Salmon ceo here in New Zealand about deep sea salmon farming.
How lucrative could this be for New Zealand? How hard
is it to actually do to achieve? And why is
the government putting twelve million dollars of our money into it?
He's with us after the news at five point thirty.
I've been telling you all evening that the oscars have
been on and they are now wrapped up. They're probably
(01:20:44):
all half pissed by now, I imagine. But there was
a glimmer because we didn't win no New Zealand film
or Firm one, but there was a glimmer of a
Kiwi win. So some of the sound for June two
was done here in New Zealand, and the movie picked
up the gong for Best Sound.
Speaker 4 (01:21:04):
Wow.
Speaker 18 (01:21:05):
Thank you so much to the Academy and thanks to
my amazing team both here in New Zealand.
Speaker 2 (01:21:12):
They joint Israeli Palestinian documentary Now other Land one best
doco short and their filmmakers weren't shy. Apparently. In their
speech weighing in on the Ghaza War.
Speaker 23 (01:21:22):
We called on the world to stake serious actions to
stop the injustice and to stop the cleansing of Balistina.
Speaker 2 (01:21:29):
Bible.
Speaker 23 (01:21:33):
When I look at Basel, I see my brother, But
we are unequal. We live in a regime where I
am free under civilian law and Basil is under military
laws that destroy his life and he cannot control. There
is a difference path a political solution without ethnic supremacy,
with national rights for both of our people. And I
(01:21:55):
have to say, as I am here, the foreign policy
in this country is helping to block this path.
Speaker 2 (01:22:02):
There you go. That's the OSCARS for you. It is
coming up to news time, News Talk SETB.
Speaker 1 (01:22:10):
If it's to do with money, it matters to you.
The Business Hour with Ryan Ridge and Mayor's Insurance and Investments,
Grow your wealth, protect your future, News Talks EDB.
Speaker 5 (01:22:40):
Good evening.
Speaker 2 (01:22:40):
It is twenty five away from seven. You're on News
Talks at B. So just to update you on a
couple of things from Washington. Zelenski has said he is
still wanting to sign this mineral deal that they walked
away from. They both walked away from really in a
sense after the White House before also the Canadian Mexican
Towrists for Shane Sally talked about that earlier. So they
(01:23:02):
are due to go on Wednesday our time, so Tuesday
local time. This is for Canada and Mexico. Still not
quite decided on what percent they're going to go with,
so Trump has previously said twenty five percent. However, he
has had some action from Canada and Mexico on the border.
They've rushed to try and tough enough or strengthen their
border security, try and stop some illegal migration immigration going through,
(01:23:24):
but also to try and stop the flow of fence
and although that hasn't been very successful anyway, so they
are trying. So the question is how much is Trump
watching their efforts and how much will they be rewarded
for those efforts come Wednesday, We'll have to wait to
find out. I suppose twenty four away from seven try
and bridge government putting faith that our aquaculture industry will
(01:23:45):
take off. It's investing twelve million dollars more into salmon
farming over the next five years and we'll look at
ways to expand farming to deep water and prove its viability.
That's all in the hopes of adding five hundred million
bucks to salmon x by twenty thirty five. Carl Carrington's
the n Z King Salmon CEO. He's with me this evening. Hi, Carl, Oh,
(01:24:06):
good evening. How yeah, really good? Thank you. First of all,
can you the exports currently about two hundred million dollars,
if I'm not mistaken, is another five hundred million dollars realistic?
Speaker 21 (01:24:20):
Absolutely? I mean the sector has really been stymied for
growth for over two decades and our biggest challenge with
market development is we just don't have any any product
available to build the new markets. Now we could, if
we had the volume, we would be able to sell
everything twice over straight away. So we're in we're in
(01:24:44):
very deep markets. We're a very small niche. We've got
highly differentiated product and it's in strong demand globally. So
if we had the volume, yes, we could sell it
and it's very high value. So five hundred million of
export revenue, it's incredibly realistic. We've just got to unlock
the industry and let us get on with growing it.
Speaker 2 (01:25:04):
By that you mean more consent for farming, well.
Speaker 21 (01:25:08):
More consents for farming, but in particular the future is
about getting into what we call open ocean farming, such
as the Blue Endeavor site, which we have the consent
for now, which is seven k's off Cape Lambert in
the out Marlborough Sound. So that's kind of where we
see the long term future for growth and you know,
(01:25:30):
but it's not without out its risks, and we have
to firstly pilot the stepping into that environment and when
we're confident then we can scale it up and expand
and that's where the future for salmon growth.
Speaker 2 (01:25:44):
Will be, which is part of what this money is for. Right,
Are you having to go deep into the ocean because
the waters are getting warmer closer to the coast, so
you're needing to get out to the cool of fisher water.
Speaker 21 (01:25:56):
Yeah, that's all part of it. For sure, waters out
further out and are going to be a little bit cooler,
But the main thing is the water column is very deep,
and you know, it's just we think it'll be just
a better overall environment out there. So that's the main
driver for it.
Speaker 2 (01:26:15):
How much harder is that because it's obviously that's a
bit of government money. I menagine you've got a lot
of els going into How much harder is it to
farm deep water versus coastal Well.
Speaker 21 (01:26:27):
We're cautiously optimistic about it, or else we wouldn't be
doing it in the first place. So we will be
using technologies that are currently deployed internationally. The big difference though,
it needs to be able to work for a New
Zealand king salmon species as opposed to generally Atlantic or
co host species, and it needs to be adapted to
(01:26:48):
New Zealand conditions. So, as I said, courtially optimistic that
you know the infrastructure will be will be fine, it's
just we have to learn how to drive it in
the New Zealand conditions.
Speaker 2 (01:27:01):
Right, What will it look like if you're I don't know,
if you're flying driving by in a boat or flying
over this and that it's seven k's off the coast,
what do you see.
Speaker 21 (01:27:10):
Well, it won't see very much at all, especially if
you're on the coast, you'll hardly be able to see
anything at all because it's seven days away. And if
you're flying overhead, you'll just see beautiful round pins and
it all look very pristine, no visual impact at all.
Speaker 2 (01:27:27):
Really okay, And so I guess in theory the potential
here is unlimited because we have so much coastline, we
have so much open ocean. If you can prove then
you can do it with king salmon and the open
ocean in New Zealand, then the world's royster, so to speak.
Speaker 21 (01:27:46):
Well exactly, and I think this is fantastic for New
Zealand because we have to find primary well, we have
to find sectors of the economy that are able to
really lean into the agenda to double export value, and
salmon is one of those great untapped sectors. We've got
a unique position in the world with such a differentiated species,
(01:28:08):
We've got fantastic open ocean environments be able to do it.
We just have to test the test the technologies and
prove up that we're capable of doing it. And really,
the world is the sector's oyster. This is not just
about New Zealan King salmon, by the way, this is
a program that we're undertaking that the learnings will be
(01:28:30):
shared across the industry.
Speaker 2 (01:28:32):
Can you just one more time, is why is it
tacking you so long to do this? To develop this
what is the tricky part that you're trying to work
out that's going to take years to figure out.
Speaker 21 (01:28:44):
Well, first of all, we have to get the consent right.
So Blue Endeavor took us nearly ten years and ten
million dollars to sort through weight our way through the rama. Thankfully,
we're there in the end and we've we've got the
concent through. Now what we need to do is actually
just get comfortable that firstly, the infrastructure works in the
(01:29:06):
environment the way we're setting it up, that we know
how to operate in that environment. It's quite different versus
an inshore environment. We're also going to be piloting what's
called recirculating aquaculture systems, so that's land based aquaculture because
to step into the open ocean you have to have
the fresh water capability as well, which is where you
(01:29:29):
grow the baby salmon and eventually they become small and
then you transfer them out to sea. So it's an
all integrated program.
Speaker 1 (01:29:37):
It really is.
Speaker 21 (01:29:39):
From the mountains to the sea is what we have
to have to think about. And also we have to
actually breed salmon to be resilient for the future as well.
So part of the program we'll be looking at some
novel technologies to use for breeding more resilient fish, so
identifying in our families of salmon, which the brothers and
(01:30:00):
sisters that are really resilient to things like thermo tolerance.
So it's a complex business and I always say aquaculture
you need to be no A dose of patients and
caution will serve us well.
Speaker 2 (01:30:13):
Fascinating stuff here. I was thinking, you just throw the
fish in the ocean and bobs your uncle. It's all done. Carl, Hey,
thank you very much and best of luck with this.
It sounds like, as you said it endless possibility.
Speaker 21 (01:30:27):
Excellent, Thank you very much.
Speaker 2 (01:30:28):
Carl Carrington, the Enzi King Salmon chief executive with us
talking there about the fact that the government's putting twelve
million more dollars into salmon farming over the next five years,
and much of it is going to be deep water.
Gavin Gray and the UK next croaching.
Speaker 1 (01:30:41):
The numbers and getting the results. It's Ryan Bridge with
the Business Hour and mas insurance and investments can crue
your wealth and protect your future and news dogs.
Speaker 2 (01:30:51):
B fourteen minutes away from seven. So Starma the charmer
goes to Washington. He manages to get some real runs
on the board with Donald Trump, and then it all
falls apart at the weekend when Zelensky goes in, he's
visit in the Oval Office and things get a bit heated.
Devin Gray is our UK europe correspondent. Starma has now,
(01:31:12):
after all of that has taken place, met with European leaders,
the Canadian Prime Minister Justin should always there as well,
and they've come up with a four stit plan to
guarantee peace in Ukraine following hopefully what will have will
eventuate as a truce or a peace deal.
Speaker 24 (01:31:27):
Kevin, good evening, Good evening, Ryn, Yeah, that sums up
what's been going on, frantic frantic exchanges and policies and
summits backwards and forwards. They're talking of a coalition of
European allies, but there is no coalition that's been formed yet,
so that's going to be up for debate, of course.
But I think this idea that as Secure Starmer, the
(01:31:48):
Prime Minister of the UK said Europe must do the
heavy lifting, is now absolutely right and accurate. The question
is will America supply anything, air cover, anything like that
to help this along. But the focus now moves away
from secure Starma and the UK to the European Union
leaders all twenty seven now going to meet in a
(01:32:10):
summit in Brussels and going to talk through these plans.
Speaker 2 (01:32:13):
And of course the importance.
Speaker 24 (01:32:14):
About that, Ryan is there are going to be all
the leaders there, and that includes those that were not
invited to London at the weekend for that earlier summit.
And many of those, or some of those, I should say,
are much friendlier with Vladimir Putin, and of course if
they're trying to get a unanimous decision, that's going to
be almost impossible. Hungary's Victor Auburn very friendly with Russia
(01:32:37):
and Moscow, and he is likely to try and absolutely
block anything concrete that the others might be planning. So
we'll have to see how they get along to that.
And this phrase coalition of the willing came up. Now, Ryan,
if you think that may sound vaguely familiar, well, yes,
because it was the same phrase the United States used
for British help to invade Iraq more than two decades ago.
Speaker 2 (01:33:00):
I thought it was an unfortunate term for them to
be using. Actually, now the cleanup operation underway this after
a freight train carrying a toxic chemical derailed.
Speaker 24 (01:33:11):
This has been really bad. So the toxic chemical is benzene.
It's used in aviation fuel, but it can cause cancers
among humans. That is thought to be its side effect.
It has basically derailed off a train in Czechoslovakia. There
was a massive explosion. Indeed, the flames could be seen
(01:33:32):
some twenty meters high. The Czech Republic being trying really
hard to make to keep on top of that that
the flames now out, but there's a huge cleanup operation
as you can imagine, because this was an absolutely horrific accident.
It was a freight train and nobody's quite sure why
(01:33:53):
it derailed, how it derailed, but certainly it has caused
a massive problem with several tankers and a lotomotive locomotive
court flames and destroyed in this incident.
Speaker 2 (01:34:04):
Staying with chemicals is ammonia powered vistle that's arrived in
the UK stocking at the Port of Southampton.
Speaker 24 (01:34:12):
Yes, and controversial actually because a lot of people that
really don't think it was ever going to work. But
this basically has four different pistons, if you like, and
two of them operated by Ammonia and the other by
normal fuel, and it's a vessel which is really pretty
(01:34:33):
huge and has to go through all sorts now of
the tests and all sorts of checks by the various
authorities the Maritime and Coastguard Agency here in the UK.
It's a Singapore flagged vessel and it's going to make
its way to West India Dock in London after those
tests are conducted by the Maritime and Coastguard Agency. It's
(01:34:55):
a four stroke engine, two of which capable of being
fueled by ammonia the diesel. As I said, ammonia is
a zero carbon fuel. That's why this is so important
and has the potential to substantially reduce screenhouse gas emissions
when used for shipping. So the Coast Guard Agency saying
(01:35:15):
that it exemplifies how shipping can become more sustainable and
it wants to see the UK Government at the forefront
of this particular venture. But over the coming months, global
shipping regulators are now going to have the chance to
look at this vessel and the fast track shippings moving
away from that so called dirty bunker fuel as some
would say, and embrace real zero fuel standards.
Speaker 2 (01:35:38):
Interesting, we kind of course put the sales back on Givin.
But then it would take a while, wouldn't it, Givin Gray,
you can your correspondent. Time is nine minutes away from
seven news Talk ZIBB.
Speaker 1 (01:35:50):
It's the hitherto se Alan Drive Full Show podcast on
iHeartRadio powered by Newstalk ZIBB.
Speaker 2 (01:35:57):
Use talksib It is seven minutes away from seven o'clock.
Thank you very much for all of your texts and
feedback today. Jeez, we've had some good ones. This one
from Melissa. I didn't get to it, says Hi Ryan.
This is about doctors and why overseas trained doctors can't
just come here and practice. Ryan. What you're struggling to understand,
says Melissa in a slightly contemptuous tone. I imagine is
(01:36:19):
that about our New Zealand medical professionals. Is that New
Zealand trains and has always trained mcguyvers standard doctors. They
can do anything because of our size and funding model,
whereas bigger, overseas private funding medical systems produced doctors that
just do one job. I thought you had you all
had to do a bit of everything because the armbones
connected to the knee bone, connected to the whatever.
Speaker 25 (01:36:40):
Well, I hope your arm bone is not connected to
your nevon.
Speaker 2 (01:36:42):
Ryan, Well, this is why I'm not a doctor, but
you know, I would assume that most doctors would know
all of these things. Anyway, it is coming up sticks
away from seven news took sib and what are we
going out to tonight?
Speaker 10 (01:36:54):
Right?
Speaker 25 (01:36:54):
So a bit of a sad one unfortunately tonight, Ryan,
and we've had some sad news in the zb family
came through last week. The longtime executive producer of this
show back when it was Larry Williams Drive, Malita Tull,
she passed away from cancer. That news came through last week.
Melita was executive producer of Larry Williams Drive between two
(01:37:15):
thousand and four and twenty fifteen. Even if you're a
longtime listener of this show, you might not recognize her name,
but she was the executive producer and that's a really
important behind the scenes role. Basically, she would have decided
if you listened to any show between four and twenty
fifteen and you enjoyed it, if you learned anything, if
you know it made you enhanced your day even for
(01:37:35):
a minute. Her fingerprints were all over that. The executive
producer decides what's going to go on the show, and
between her, the host Larry Williams, and the technical producer
at the time, Helen McCarthy, they ran a really, really
good show. And being the executive producer means you sometimes
have to argue with the host about what's going to
go on the show, and arguing with Larry Williams, let
me assure you from personal experience, not an easy thing
to do. So she was very very good at it.
(01:37:56):
They were in a really good show. They were in
a really good show even when Helen McCarthy was away,
and they had to pull a very inexperienced technical producer
over from Radio Sport named Dance Millisitch myself straight out
of radio school. More or less, I learned a lot
about how to be a producer from Melita, and she
was very very patient with me, very very good at
teaching me what I needed to do, showing me what
(01:38:16):
I needed to not do. And she also had this
just killer deadpans sense of humor, so I was often
cracking up right when I was supposed to be playing
stings and stuff like that.
Speaker 2 (01:38:25):
Anyway, I never really talked her.
Speaker 25 (01:38:27):
About what kind of music she liked, so I had
to reach out for some help today but thankfully her
partner Colin and their son Lorenzo came through. They told
me that she would have liked to hear kiss me
by sixpence none the richer, So we're going to go
out on that. I hope you guys realize that I'm
here at ZIB. We are going to miss Melita just
as much as.
Speaker 2 (01:38:44):
You guys are well see them ivery one.
Speaker 4 (01:39:01):
Sells Jeers.
Speaker 1 (01:39:16):
Kiss wish for more from Hither Duplessy Alan Drive, listen
(01:39:53):
live to news Talks. It'd be from four pm weekdays,
or follow the podcast on iHeartRadio