Episode Transcript
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Speaker 1 (00:02):
Digging through the spin spins to find the real story.
Or it's Ryan Bridge on Heather dupericy Ellen Drive with
one New Zealand let's get connected and news talks.
Speaker 2 (00:13):
That'd be good afternoon at a seven after before coming
up on the program. Winston Peters on his rail fairies,
health and safety is getting a bit of a shake up.
We'll get you the details on that from postcab Just
happening now. Nikola Willis on the supermarkets, that's after six,
and Damien Mackenzie signs a new deal with ns that
are how many offers did he get and turned down
in the process. We'll ask him after five Pin fifteen
(00:36):
Bridge Bridge, Well, today is all about the fairies and
the fairies. The fairies of the cook straight variety are coming,
Winston Peters tells us, but very slowly. In fact, they
haven't even been ordered yet. In fact, they haven't even
attracted bids yet. In fact, the tender hasn't even been
put out to market yet. So we are a lot
(00:57):
of water to go under the bridge. Here here's what
we did learn from Winston's press are at two today.
We want them to be two hundred meters long and
twenty eight meters wide, fifteen hundred passengers per ship. Trucks
drive straight on rails included, which Winston obviously is most
happy about. Two point four kilometers of lanes for trucks
(01:19):
and cars, space for forty rail wagons picked, and you're
getting basically a new port. It needs replacing Wellington. Yours
will get a spruce up and will be largely kept
as is. So the ships are going to be smaller
than the Ferrari versions that nicola Willis described in the
previous labor governments, but bigger than the current ones. We'll
(01:40):
save billions on upgrading the infrastructure, but we won't actually
know for sure and exactly how much until the work's done.
We're going to have to rely on the word of
Minister Peters and Willis until then. The most interesting part
about today was the Ministerial Advisory Group which nicola Will
has set up to advise them on all of this stuff.
They said they recommended to the government that you go
(02:03):
with just the cars and the trucks, not rail. Winston
has put his foot down and Cabinet has agreed, so
he's got his way. The other insting part about today
in politics, Winston's introduced us to two brand new terms
that many of us were not previously aware of. One
of them is shunting. The other is bussy. The two
(02:25):
are not to be confused. On the railways, shunting means
moving trains onto a ship using tracks on the ship,
So trains will be shunted onto the new ferries once
they hopefully fingers crossed everybody arrived by twenty twenty nine.
As for the term bussy, well that's slightly more complicated.
But Winston's held a separate stand up about this issue
(02:47):
today and I'll let you know more about that before
four point thirty. Ryan Britch just gone nine minutes after
four now, so Niicola Willis speaking. I've got the two names.
You're only two names you need to mention in politics
today out there, Nichola Willisons and Peters. And they're both
on the program anyway. Nichola Willis, she's here after six.
At the weekend, had her big supermarket announcement and suggested
(03:07):
that food Stuffs and Woolworst could sell parts of their
business to a new entrant or And this was the
big stick that she's waving around risk the government breaking
the duopoly up Patrick Noon is a former managing director
of Costco and he's with me this afternoon to talk
about this good afternoon.
Speaker 3 (03:27):
Hello Ryan, how are you really good?
Speaker 2 (03:29):
Thanks? You were quite heavily involved in setting up shop
here in New Zealand for Costco. How hard is it
to do?
Speaker 3 (03:37):
Coming into a new country is always more difficult and
there's a lot of you know, you have to work
with a lot of the government regulations, et cetera. But
New Zealand was a pretty much monopoly market, so there
was a lot of opportunity for price and bring goods
to the country at a better price than what was
being sold there. And also we can bring goods from
overseas that New Zealanders couldn't get, so that we had
(03:58):
a we didn't have a lot of help that we
saw a lot of opportunity in New Zealand.
Speaker 2 (04:01):
For sure, is breaking up the supermarkets the way to
go about this. I mean, what for you were the
biggest barriers.
Speaker 3 (04:10):
The government regulation? I suppose real estate prices was a
massive barrier and is a massive barrier. Just not a
lot of retail space available to be purchased or rent,
so I think that's a huge barrier. And then logistics
as well. Getting stuff into the country at a nice
(04:31):
timely manner was also a bit of an issue, but
we got past that in the end. But for a
new entrant going to the market, it's simply the cost
of getting into the market, which was a big barrier, and.
Speaker 2 (04:43):
That was less to do with what the competitors were doing,
but more to do with regulation. Do you mean that
zoning of land and stuff?
Speaker 4 (04:51):
Yeah?
Speaker 3 (04:51):
Absolutely, I mean when we built a building in Auckland,
we had to build a three story building or a
four story building, because typically a COSTCO around the world
is you know, fourteen hectares of land or fourteen acs
to land, I should say, with you know, seven hundred
car parking spaces on one level in New Zealand, that
(05:11):
simply wasn't the bailable to purchase at all. And so
part of the cost of getting into the country is
you have to buy a limited amount of retail land,
which costs a lot more money to buy. And then
because you're building a structure that's smalty story, it costs
two or three times more than what a typical structure
would cost anywhere else in the world.
Speaker 2 (05:29):
With logistics that you've clearly something that COSTCO was able
to overcome. But is that something that we just have
to accept. I mean, we are so far away from
the rest of the world.
Speaker 3 (05:39):
No, you don't have to accept it. All you have
to there there has to be more, more ships, more
often going into the country, which you can give, which
gives you a better certainty of supply, and that works
both ways. It works with we were buying New Zealan
Moxatise to sold Australia. Getting that certainty of sailings and
(06:00):
to arrive on time was also pretty important. So I
think that's a country problem and it's the same in
Australia as well, just a different scale.
Speaker 2 (06:07):
Are you surprised that the government hasn't just picked up
the phone and rung Elder yet, you know, to try
and find out what their views are. Why the hell
they aren't coming here?
Speaker 3 (06:17):
Well, it's good, it's a really good question. I know
that coming to New Zealand from North America, or coming
to New Zealand from Asia, or coming to New Zealand
from Europe, it's a long way down there, and to
start an operation down there without any infrastructure is a
pretty complicated business and whiskey but most of the country,
(06:38):
most of the companies are investing in New Zealand. Who
can invest in New Zealand at first start of their
operations in Australia. So they've got an infrastructure in place
like Costco did, and they're able to leverage that and
bring those goods, the same goods to market into the
New Zealand market. So yeah, I think Oldie would be
a great fit for the New Zealand market.
Speaker 2 (06:56):
To be honest, why do you think they're not here?
Speaker 3 (07:01):
They're a pretty conservative life. I don't have much to
do with them, but you know, they like to build
their infrastructure and expand from there, so I would be
surprised if they haven't looked at the New Zealand market
in more than a few times. But I don't have
any inside tack on why they're not there already.
Speaker 2 (07:17):
And yeah, we've definitely tried to get them on a
lot of a number of times. It's not for lack
of trying. Hey what's with Costco having one store? Do
you think are their plans for more? Do you know?
Or like what is that?
Speaker 5 (07:32):
Edit?
Speaker 3 (07:33):
Yeah, no, there was. When I've been retired now for
a year or a year and a bit now, so
when I left it it definitely was. We're looking at
different parts of the New Zealand market Auckland and christ
Church and Wellington with the cities of interest. So where
that's at right now, I don't know. I can't help
you with that one, all.
Speaker 2 (07:51):
Right, Patrick, You've helped us with a lot more than that,
so I appreciate your time. Patrick, Noon, managing director, former
managing director. I should say Costco just gone fourteen minutes
after four, isn't that interesting? He mentioned the two biggest
barriers to getting a new entrant into New Zealand in
his eyes, are not private enterprise and how they are configured,
(08:11):
but government regulation, lands owning laws and the cost of
logistics and how you soort logistics out. Jan says Ryan.
I hope Nikola talks to this bloke before she destroys
KEYWI owners of food stuff stores. Janet's a good point
you make, and we will put these concerns to Nicola Willis.
After six you can tune into the interview. Then quarter
past four Jason Pie.
Speaker 1 (08:32):
Next, it's the Heather Dupissy Allen Drive Full Show podcast
on iHeartRadio powered by News Talks B four eighteen.
Speaker 2 (08:41):
Brook van Velden, who's the Workplace Minister. She is at
Parliament right now doing a press conference with Christopher Luxon.
They're going to do it basically a shake up to
all of our health and safety laws, which if you're
a business owner you'll be very pleased to hear about
his the minister.
Speaker 6 (08:56):
One of the first changes will be a carve out
for small, low risk businesses from general Health and Safety
at Work Act requirements. Health and safety obligations from these
businesses will be limited to providing basic workplace facilities and
only managing critical risk such as risks that cause death
or serious injury or illness.
Speaker 2 (09:19):
So basically, if you're an example of what the minister's
talking about there, if you are a clothing shop, a
small clothing shop, you would still need to have a
first aid kit. You'd still need to have an emergency
evacuation plan, but you would and you know, you'd need
to have suitable lighting, but you wouldn't need to have
a psychosocial harm policy in place, which apparently you are
required to right now under the current legislation. Nineteen after
(09:41):
four Bryan Bred we'll look at that further at five ten.
Jason pine Here, a sports talk host seven o'clock tonight
on news Talks here b Jason, good afternoon.
Speaker 7 (09:50):
Get I Ryan?
Speaker 2 (09:50):
How I am good? Thank you? Damien McKenzie re signing.
Where does he sit in the first five pecking order?
Do you think I think he saw of quite at
the top.
Speaker 4 (10:00):
Actually, I'm going to have to apologize, Ryan.
Speaker 2 (10:03):
I'm getting the same feedback then the other day. Let's
get you on the phone, right. We'll come back to
you in just a few seconds. That's Jason Pine and
all consumes to get this weird feedback thing happening only
in only when he's in Wellington. Speaking of Wellington, it's
all going off there today, isn't it. I don't know.
When you hear the Greens press conference these days, how
do you feel, Because it's there's one every week, isn't there.
(10:25):
If it's not Timotha Paul and the police, then it's
Benjamin Doyle and the photos of the kid online. And
we will get into that in a second, and I'll
explain what's going on so that it's clear for everybody.
But when you hear Chloe and Madamer stand there and
try and excuse all the stuff, I don't know about you,
but I just want to vomit. I just wanted to stop. Anyway,
(10:49):
We'll talk about it in a second. Jason Pine's back
with us. Jason, God, there's.
Speaker 4 (10:53):
Something about the feedback I'm getting all feedbacks of gifts
Ryan and say say.
Speaker 2 (10:58):
Well, your feedbacks the way that we want. So tell
us where does he sat in terms of first five
pecking order Damien McKenzie, because they've got him through till
is it twenty twenty nine?
Speaker 4 (11:07):
Yeah, past the next World Cup on towards the Lions
tour as well, which is obviously a big, big reason
why he's decided to sign the four year deal. In
terms of the pecking order, I guess we're about to
find out. He played first five for the first ten
tests of last year, then Gooden Barrett kind of took
over for the back end of the year or the
most part of it. Those two I guess will go
(11:28):
head to head this year for that ten Jersey and
then of course in about a year from now, Richie Wonga,
by all reports is going to return from Japan and
also put his hat in the ring for that particular role.
So look, I think it's a great move for Damien McKenzie,
great for New Zealand rugby. And it proves I think
that opportunities like Rugby World Cups and Lions Tours are
(11:49):
enough to fend off the big dollars available elsewhere. Because
there's no doubt that Damien McKenzie could have earned more
had he gone to somewhere like Japan. He's decided no, no
black Jersey World Cup line to more important to me
at the moment.
Speaker 2 (12:02):
Well, good on them. I mean we're lucky to have
them in that regard, don't we. Now? The Warriors third
straight win? Are they? Is it our? You know, everyone
says it this year? Year is this year? I mean,
you don't really know until it's over, do you really?
But how are you feeling?
Speaker 8 (12:17):
Well?
Speaker 4 (12:17):
It's shaping up that way. Mike Hoskin was fairly bullish
this morning. He said, yes, although that's just one man's obbinion,
of course. Look, I think off the back of three
wins in a row, you can start, you know, thinking
optimistically about this. The Raiders game in Vegas is now
clearly in the rearview mirror and something we don't have
to worry about. Look, you're right, Ryan, it's a long season.
(12:37):
Andrew Webster says this, it's not as printed as a marathon,
but the one over the Tigers coming from behind in
the wet away from home. Off the back of those
two really good wins at home against the Sea Eagles
and the Roosters, they're shaping up well. I think we'll
find out a bit about them in a couple of
weeks off to buy when they go to Melbourne to
take on the Melbourne Storm. But everything trucking along fairly
(12:58):
nicely at the.
Speaker 2 (12:58):
Moment, brilliant until it's not. That's the problem of the Warriors,
isn't it. But we won't think so. Jason, thank you
for that. We'll see tonight Jason Pine, sports talk host
seven o'clock here on News TALKSB. It's twenty two after four.
We'll talk about the Greens situation after this.
Speaker 1 (13:13):
Moving the big stories of the d forward. It's Ryan
Bridge on heatherd for Ce Allen Drive with one New
Zealand let's get connected News Talks.
Speaker 2 (13:23):
He'd be over in Australia. This is coming up after
the news at four thirty of an Australia the Prime
Minister there, Anthony Alberanezi pledging a battery subsidy for homeowners.
We'll tell you all about that with Jake Batrick, who's
with us after the news. Right now, it's bussygate in
New Zealand. Now, if you haven't caught up with this story,
I'm just going to run you through basically what's been happening,
(13:44):
because we've had two stand ups in Parliament about this today.
It's all been kicking off online, et cetera. Benjamin Doyle
is a Green MP from Hamilton who goes by They
then the one that replaced Darling Tanner, which meant so
well anyway, he's got a partner or they've got partner
and a child, a daughter. Posted several photos on the internet.
(14:06):
Some include his two year old daughter and the caption
that was put with this is bussy galore now bussy
if you're not familiar with the term, a sexual term
used to describe a man's or a male's bum. Winston
Peters sees the post on social media. He does a
post himself questioning this. He argues, if a white man
(14:28):
had posted this and done something like this, the media
would be having a field day and taking them to task.
So then the Greens and Response hold their own press conference.
They defend Boyle, but they don't explain what it is
that he meant by the post in question with the
two year old and the bussy galore thing. Right. Then
three PM rolls around, Winston does his own press conference
(14:51):
and reply, here is some audio for you. We've collated
a little bit because there was a lot. So this
is Winston.
Speaker 9 (14:58):
So what is bussy galot? What does bussy ga law mean?
What does it mean with all those photographs? Why have
the fifty two posts been taken down? Have you seen them?
You journalists were asked every other member of Parma there
have been a white man, you'd have asked them thousands
of questions. Not a word, not a syllable, not a sound,
not a mutter, not a murmur. And you think that's journalism. Sorry, yeah,
I'm going to get you to do your job now.
Speaker 2 (15:19):
When asked what the term means, this was Chloe Swarbrick's response,
You basically wouldn't say.
Speaker 10 (15:25):
Honestly, I'm just not really that interested in getting into
oversimplified definitions of terms like that.
Speaker 2 (15:32):
Her argument was that quote, you guys don't understand the context.
So the media asked, what is the context. This is
what she said.
Speaker 10 (15:40):
Members of many minority communities, the Rainbow community included oftentimes
end up co opting or using language which is considered
an absurd or whatever else by external groups and flippant
or reverend ways in order to help navigate the world.
Speaker 2 (15:55):
Madam and Davidson was there. She says that Benjamin Doyle's
been fielding death threats.
Speaker 11 (16:00):
We are deeply concerned that the Deputy Prime Minister has
doubled down on disinformation and is actively fanning flames of
hatred towards the beautiful Rainbow community.
Speaker 2 (16:18):
So there you go. That's both sides of this. Where
the scup quite goes from here. I don't know by
the way, I think I might have said it was
a daughter. I think it was Benjamin Doyle's son, is
what I meant to say. Anyway. They are off work
for the rest of the week according to the Green Party,
and the Greens are asking the Prime Minister to get
involved in blah blah blah blah blah blah. We all
(16:40):
have bigger things to worry about, don't we. Twenty eight
minutes after.
Speaker 1 (16:43):
Four Bene recamping the day's big news and making tomorrow
those headlines. It's Ryan Bridge on Hither duplicy Ellen Drive
(17:04):
with one new Zealand. Let's get connected news talks.
Speaker 8 (17:08):
That'd be.
Speaker 2 (17:13):
Good afternoon. Twenty four minutes away from five news talks,
there'd be We've got Winston Peters on the fairies after five,
Nicola Willis on the supermarkets after six. I like this
text from one of you this afternoon. H I believe
Willis has been interviewed tonight. Perhaps she could be asked
about the unintended consequences of breaking up the duopoly of
supermarkets in New Zealand. It doesn't take a rocket scientist
figure out the fact the population hears only five million.
(17:36):
How on earth can prices be kept competitive if there
is no scale, How would smaller stores purchasing, say ten
thousand units versus one hundred thousand units be able to
negotiate better pricing. It's a good point because at the moment,
the stores like you have foodstuffs, they are all individually owned,
All the stores individually owned by people in the local communities.
But then they are also part of the co op,
(17:58):
the wider company, right, and so they keep pricing more. Well,
it's more beneficial for them to purchase in bulk, but
it also keeps the prices in the regions lower. Than
they probably otherwise would be. So how do you deal
with that problem? If you go smashing them up and
breaking them up? We will ask Niko the willis about
that after six news talks heb twenty three two five.
Speaker 1 (18:21):
It's the world wires on news talks, they'd be drive.
Speaker 2 (18:25):
Trump's off at it again, a phoning up NBC's Kristin
Welker to tell her that he's quote pissed off with
Russian President Vladimir Putin. Trump has threatened to put tariffs
on Russian oil if Putin continues to avoid a full
cease fire with Ukraine. Here is Kristin welcome.
Speaker 9 (18:40):
The president told me quote I was very angry, piss
off when Putin started getting into Zelenski's credibility and started
talking about new leadership in Ukraine.
Speaker 2 (18:50):
At least seventeen hundred people now have died in the
Myanmar earthquake. This woman has lost her home.
Speaker 10 (18:57):
We can't sleep well because there are after shocks every
two hours few hours.
Speaker 8 (19:01):
We can't sleep or eat well.
Speaker 10 (19:03):
I'm just drinking water and feeling exhausted.
Speaker 8 (19:05):
We cannot expect to.
Speaker 10 (19:06):
Rebuild our lives to how they were under these circumstances.
Speaker 2 (19:09):
Finally, this afternoon, a rugby fan in the UK has
received an apology from the player who inadvertently broke her arm.
Emily was in the audience at Bath's match against Glocester
and when the Bath first five Finn Russell booted the
(19:30):
ball into the stands, Emily managed to break her arm
trying to hit the ball back onto the pitch. It's
her fault then, isn't it. Emily has acknowledged that Finn
wasn't at fault. I there we go, but she was
still happy to accept the sign matchday jersey from him
with a personal message saying to Emily sorry about the arm.
Speaker 1 (19:50):
International correspondence with Ends and Eye Insurance, Peace of mind
for New Zealand business.
Speaker 2 (19:57):
Joining us the Satternoon. Jake Patrick six PR PERS Live
presenter Our Australia correspondent, Jake Good afternoon, Good to have
you on the show. Now, the women and three children
who were killed in their home this morning, what can
you tell us about that? Do we know what happened?
Speaker 12 (20:16):
Yeah, it's an awful, awful story. That mother is now
under police guard in hospital, accused of stabbing her three
children with a kitchen knife. This happened at their Bokham
Hills home, so that's about half an hour drive northwest
of Sydney's CBD. We're hearing reports that the father of
(20:36):
the children woke up to screams from inside the home
where this incident occurred. To we know a ten year
old and a thirteen year old been stabbed in their abdomen,
while a sixteen year old who lives with a disability
and uses a wheelchair, had stab wounds and multiple lacerations.
So they were all taken to Westmead Hospital in a
(20:58):
stable condition. Their forty seven year old mother who was
also transported to hospital, she had self inflicted stab wounds.
And yeah, that investigation is ongoing. Whether any charges have
been laid, we'll probably find out out later this afternoon.
Speaker 2 (21:15):
Goodness, a very very sad situation. Indeed, now the Prime
Minister is pledging battery subsidies for homeowners. What I'm assuming
it doesn't mean little aas.
Speaker 12 (21:26):
No, No, that's right. So this is interesting. So the
PM's actually touched down here in Perth earlier this morning
announcing a very West Australian base to hospital announcement. But
for the national audience that he's looking to dip into
power bill subsidies and looking at energy rebates for homeowners
(21:51):
to buy batteries. So you might have seen, you know,
Tesla offers a battery that you can attached to your
home and with solar power and whatnot, you can generate
your own electricity and really cut down on your power bills. Now,
the Island irony here is that Anthony Albanezy Labor Prime Minister,
our premier here in Western Australia, is a Labor premier
(22:13):
and he rolled out a very similar policy in the
lead up to our own state election earlier this year.
It's almost a carbon copy and it's essentially for listeners.
Speaker 13 (22:23):
You know, a.
Speaker 12 (22:24):
Battery that the rebates will before costs a family about
ten thousand and fifteen thousand dollars before installation, but it
will cut your annual power bill by around one thousand dollars.
They're looking at a sort of a loan or direct
subsidies scheme to help homeowners get these batteries in their house.
(22:47):
It's a big debate, the energy and cost of living
debate here in Australia at the moment. On the other
side of politics, the Liberals and the Coalition are preparing
to release their own modeling soon on the impact of
their controversial gas plan. That's also links into Wa because
we're the only state in Australia that has a gas
(23:07):
reservation plan in place, which means we're lucky enough to
have cheaper power bills over here. So that'll be a
big talking point whether the gas reservation policy is what
voters are looking for with the coalition or the greener
energy path with what the Prime Minister is looking to
go down with these home batteries. So that'll be interesting
(23:28):
to play out over the next few weeks.
Speaker 2 (23:30):
Interesting stuff, Jake, Thank you very much for that. Jake
Batrick with US six PR Perth Line present to our
Australia correspondent this afternoon eighteen away from five Brian Bridge.
Jerry Soper has had a lot to digest today, hasn't
he with old Bussy Gates. So we'll talk to him
about that. He'll run us through what the big players
are saying in all of this situation, but also the ferries.
(23:50):
We've got the supermarkets lots for our barrier to talk
us through. Trump has at the weekend made headlines for
another answry. This was overnight made headlines for another reason.
It's the idea that he will seek a third term,
which obviously you can't do. The constitution in the US
prevents you from doing this. But his words, A lot
of people would like me to do that. But I mean,
(24:11):
I basically tell them we have a long way to go.
This is in a phone interview with NBC. I'm focused
on the current term. He then says there are methods
which you could do it with. I'm not joking, he says,
it is far too early to think about it, though,
So I mean, what do you The thing is so
people can say things and when you write the words
down it sounds way worse. They could be doing it
(24:33):
with a ry smile whilst you're doing it with a
rye smile. We just don't know, and I suppose we
won't know until he tries to do it. For sixteen
minutes away from five, very next.
Speaker 1 (24:44):
Politics was centric credit, check your customers and get payment certainty.
Speaker 2 (24:48):
Good afternoon, it is fourteen away from five news Talks,
said b Barry, soapers here Barry, good afternoon.
Speaker 7 (24:53):
Good afternoon, Ryan. I should be talking this afternoon about
of course the road cones. That was the big announcement. Yes,
at the sterial press conference. Are going to do away
with a lot of them. Is going to be a
Roade code hotline. So if you're pissed off at road cones,
get on the blower and say, look, remove them. If
they looked as though they're serving no purpose. I've got
(25:14):
to say, they drive me nuts. And I look for
the work going on around them, and I very rarely
see it.
Speaker 2 (25:20):
Never there. I like that idea, great idea, and lots
actually will we will come back to this after five
o'clock this evening, because there was lots in that announcement
that was interesting, especially if you're a business owners. Yes,
after five or ten more. But right now, the attention
of the days turned to Parliament's first non binary MP
taking the week off.
Speaker 7 (25:39):
Yeah, well he's taken the week off this week, according
to his political boss, Chloe Swarbrick, because of death threats.
Now images were sent to me over the weekend by
a gay friend of mine. So and he was disgusted
at what he had seen. And when I first saw
the images, it was Benjvan Doyle kissing a young boy
(26:03):
and I assume that it was his son. And I
kissed my son all the time, and I thought nothing, not.
Speaker 2 (26:10):
Much more of it, but it was.
Speaker 7 (26:13):
Under the headline of Bible about bussy and that means
bussy means it's slang that some members of the queer
community use, commonly referred to as your backside, essentially. Swarbrick
Chloe Swarbrick was standing al alongside her co leader Madam Davidson,
(26:36):
and she came out with Art haf to say the
biggest understatement when asking the Prime Minister to step into
silence his Deputy Prime Minister Winston.
Speaker 10 (26:45):
Peden, we really didn't want this to get into the
public sphere. I think that there is absolutely no benefit
to all of us spending our time right now discussing
conspiracy theories. But the reality is that it is resulting
in real world time and danger towards a member of Parliament,
to their child and to the broader Rambolt community. So
what we'd like to see from the Prime Minister is
some leadership and to shut this down and to stop
(27:05):
it right now. What we're talking about as a member
of the Rainbow community, in the context of the Rainbow community,
using terms that have specific meanings within pockets of the
Rainbow community, with a reverence and absurdity. We have to
notice that again the Rambow community has frequently been targeted
by homophobic, transphobic and otherwise attacks.
Speaker 2 (27:24):
God, she went on, she always does.
Speaker 7 (27:26):
And I've got to say. I saw Winston Peters post
on X and it was what he said, essentially was
how are Benjamin Doyle's own social media posts that he
posted himself suddenly disinformation, which is what he's been accused
of spreading. Peter's doubled down today on his original social
(27:47):
media posting, wanting some members some answers from Doyle, who's
taking the week off like we said? Peters said, but
not on these words. I have to say what they
should be fronting up to explain themselves?
Speaker 9 (28:04):
What does bussy gole law mean? What does it mean
with all those photographs? My have the fifty two posts
being taken down? Have you seen them? You journalists? But
asked every other member of PARAM thousands of questions, not
a word, not a silver, not a sound, not a mutter,
not a murmur, And you think that's journalism. Sorry, I'm
going to get you to do your job. I would
like him to explain himself, That's all I'm asking. All
(28:25):
I did was get the information and say, hang on,
this is alarming. I want some answers.
Speaker 7 (28:29):
Yeah. Well, Chris Lackson also said that his news conference
that the language and the door post was inappropriate.
Speaker 2 (28:37):
Oh so he has that that that those are the
words that is inappropriate, because what about the issue that
he that they forgive me and I don't do that
on purpose. I do know, I know, because somebody has
a pronoun they want to use, I've got no problem
using it, but sometimes I do. You know, you do
slip up a specially if you're speaking about it a lot.
But what about this idea that they are the Greens
(28:59):
early time of education and a spokesperson yes, you know.
Is that a problem for the Greens better?
Speaker 7 (29:05):
Well, look, I think this whole thing is a big
problem for the Greens. And the understatement, of course that
was made by Chloe Swarbrick is that she didn't want
it to be to get into the public arena. Of
course they didn't want it into the public arena. This
is exactly what the Greens don't want. Just like the
outpourings of Tamitha Poul for goodness sake, over the weekend
(29:26):
here she was at the Cuba Dupa festival singing well sorry,
jiving along and making out that she's singing in a microphone.
There were a number of anti police songs, rap songs
being sung. Now, of course she's said about the police
(29:47):
that they should be abolished and should be replaced by
God only knows what Chloe swarbrick. She was asked how
appropriate was that the limics that the one of the
limits lyrics said the police have a little gun, so
when I'm on the street, I walk around with a
bigger one to be played. She said there are other
(30:07):
issues more important to be discussing than that. Of course
there are. I just wish the Greens wouldn't give us
these to discuss. Imagine Paul veiled in a Palestinian scarf
as she was bopping to this speak, which he posted
on social media. Ye see, I'd be driving along to
(30:32):
that as well. But do you I think it's inappropriate
that their police spokesman was up there leading the chant.
Speaker 2 (30:40):
Do you think they'll call the police in over the
death threats? That's the questions trust them?
Speaker 7 (30:46):
That was put to Chris Luxon. Actually will the police
be calling? Well, I mean he's got nothing to do
with the Greens. I think it's a great concern. They
should be doing themselves and we should be asking how
long is this man going to be off parliament?
Speaker 2 (31:00):
This person, sorry this do you call it a person?
Speaker 7 (31:04):
How long are they going to be out of past?
Speaker 2 (31:06):
Yeah? Well, good point, at least at the end of
the week. We're told for now wait, so we'll have
to wait and see. Barry, thank you very much for that.
Speaker 7 (31:13):
Tears.
Speaker 2 (31:14):
Winston Peters will be on after five News Talks MB.
Speaker 1 (31:17):
Putting the tough questions to the newspeakers. The mic asking breakfast, I.
Speaker 14 (31:21):
Was expecting the detail today.
Speaker 2 (31:23):
What gave you that idea? Was it when he said we've.
Speaker 3 (31:26):
Got to keep taking barnacles off this boat now?
Speaker 2 (31:29):
Or was it when he said.
Speaker 15 (31:30):
You watch for the rolling thunder, Mike, it's coming.
Speaker 14 (31:33):
Just like, come on, if I don't get some boats,
some names and boats and the cost of those ships
and how much infrastructures do it, we're going to have
more exploration and more time and more chats. What have
we actually achieved? Back tomorrow at six am, the mic
hosking Breakfast with the rain drove of the laugh News
(31:54):
Talk ZB.
Speaker 2 (31:55):
A lot to discuss, so the Reserve Bank, Adrian All
was last day today. By the way, shut the forget
to shut the door on your way out. So Adrian
aw out the door and will his controversial capital rules
follow him out. They are reviewing those at the moment.
This is the Reserve Bank, and they will report back
by the end of the year. So nothing is going
to happen quickly, but they are at least looking at them.
(32:16):
And we should care about this because according to the banks,
and we only have their word to go on at
the moment, it would have increased for us if you've
got a mortgage or you've got it a loan with
the bank, fifty basis points by twenty twenty eight, they reckon,
once fully implemented, those capital requirements for the Reserve Bank,
would have been worth fifty basis points on your mortgage,
(32:37):
which is not insignificant. Chris Luckson, have we got time
for this here and we'll do it after five Chris
Luxen was asked about pronouns in his post gab and
the use of them, obviously in relation to Benjamin Doyle.
He said this, well.
Speaker 16 (32:54):
I don't actually care what pronouns people use. That's pretty straight.
Speaker 2 (33:00):
No no, no, no, no no.
Speaker 16 (33:01):
What they use what they use for themselves is up
to them. You know.
Speaker 8 (33:04):
What I'm here to do is focus on some pretty
bigger things and that there you go.
Speaker 2 (33:09):
I mean I sort of take the same. If someone
has a pronoun, I'll use it. That's it doesn't bother me.
It doesn't bother me that much anyway. We'll talk to
Winston Peters. It definitely bothers him. He's here after five.
Speaker 1 (33:26):
Questions, answers, facts analysis, the drive show you trust for
the full picture. Brian Bridge on Heather dupless Ellen Drive
with one New Zealand let's get connected news talks.
Speaker 2 (33:39):
There'd be good evening. It is seven after five news talks,
they'd be Winston's ferry plan gets the tick of approval
from Cabinet or two techs actually, because we get two
new fairies crossing the cook Straight. By Christmas twenty twenty nine.
That is the promise. They'll have road and rail decks
in capacity for fifteen hundred passengers. They'll be longer than
the current vessels, smaller than the canceled eyrex ones, but cheaper.
(34:02):
Minister for RALH. Winston Peters with me High Minister, Hello,
you happy with this?
Speaker 3 (34:08):
Yes?
Speaker 9 (34:09):
Well? By Christmas twenty twenty nine, you'll have two brand
new Inn Island fairies. They'll be going across the Cook
Straight and they will take you your family, the caravan,
the dog and all the rest across the Cook Straight,
which is what most is you'll do in a mass
majority want.
Speaker 2 (34:27):
Will we have in the meantime problems getting across the
Cook Straight? Will the revamp of Pectin, Will the upgrade
to Wellington affect the current ferry operation?
Speaker 9 (34:39):
Look, I saw the experts who are doing the advice
to Kirail right now in terms of the existing fairies,
their maintenance, what's required. They gave me a serious overview
today of how much work they've done on it. And
they are very confident that these present utilities are going
to be capable going well past twenty twenty nine, which
(35:01):
is the date with the transfer to two brand new fairies.
Speaker 2 (35:05):
So we'll have one hundred percent capacity as it stands
right now, right through until the end of twenty twenty
nine when we're expected to get the new ones. Yes, okay?
And what do you make of the reaction today to
some of this? I mean, the Maritime Union has said
that it was a big mistake for Nickel of Willis
to cancel those contracts back in December of twenty twenty three.
You don't agree with.
Speaker 9 (35:25):
That, well, look, the problem was that we had ordered
two fairies at four hundred and one million dollars in
May of twenty twenty and it blew out where the
fairies were going to be less than twenty percent of
the costs and the infrastructure was going to cost over
eighty percent, and so it was just impossible when Treasury
(35:45):
was saying this could go past four billion dollars, see
what went wrong. So we went out to save billions
of dollars with us practical common sense solution.
Speaker 2 (35:56):
Was Nichola Willis's solution not practical in common sense because
it didn't include rail.
Speaker 9 (36:02):
It was no Nikola Willison's canceling of the IRX project.
It was totally vindicated by this decision. Because we'd have
bought those two fairies, built them, not being able to
use them because you didn't have the infrastructure. We'd had
to put them on the international market, and it would
have been a bias market. We'd have been taken for
the cleaners, because when you've got to get rid of
(36:23):
two boats, you've got no options. Then downcomes the price.
We'd have lost a mass amount of money on that.
Speaker 2 (36:28):
Okay, understand that. But her solution was to follow the
advice of this minister or group, was it not, and
they recommended buying two fairies that weren't rail enabled.
Speaker 9 (36:40):
Well, the problem with that was that her group just
looked at one option and didn't look at the alternatives.
And the alternatives when we were working on them, in
terms of the being rail and wrote enable, so to speak,
were much cheaper, much more enduring, and in line with
the decisions made by there I say, had some wiser
(37:00):
role of politicians going back decades and decades ago.
Speaker 2 (37:04):
Do you think does it worry you that the minister
was just going to go along with the ministerial advisory
group and potentially by us two fairies that were more
expensive and not rail enabled.
Speaker 9 (37:16):
Hang on, This is a minister who listened to other
cabinet advice and said, okay, let's suspend what I was
thinking about and let's see what you guys can do.
And we went out and consulted as widely as we could,
with all manner of shipping companies, with all manner of people,
with the total industry, with the porter Marlboro with Centa
(37:37):
Port and Willington and Kerrie Rail and we came up
with a much better option. So she made the right
decision twice, didn't she?
Speaker 2 (37:45):
I suppose she did. Hey, this Benjamin Doyle stuff. Are
you more worked up over the posts themselves or the
fact that the media didn't report on them until you did?
Speaker 9 (37:55):
Well, look, you've seen over the past any MP that's
got a something in the way of correspondence or dare
I say phone calls or dare I say posts that
have come under investigation. Those people have been taken to
the cleaners by the media. And here comes someone with
all sorts of posts now being taken down because they
(38:15):
are suspicious as to their content, and not one mainstream
media person was asking them for days and days and days.
But go back further than that. This was all there
before he was chosen to be a replacement candidate in
Parliament and promptly he pulled it down. And now my
question is to the Green parties, what on earth do
(38:37):
you think this parliament is? Why did you yourself not
know this? In the meantime, he's been screaming out for
peerity blockers being made available to all sorts of children
at the taxpayer's expense, giving children sexual presence, preference and
choices when they're far too young to make up their minds.
Where all the international evidence says this is so dangerous,
(38:59):
and he pressed on it. That's the point. I'm asking
the media to go and ask him the questions and
ask the Greens what on earth they think this is about.
Now here's the point on my post. There have been
thousands of Rainbow people begging what we're saying, and saying
this is just so damning of their own position, which
is legitimate, which is not to be challenged, but worst
(39:21):
of all, contaminates what they think they are. All right,
this is the sham that's turned up here.
Speaker 2 (39:26):
Winston Peters, appreciate your time. The Minister for Rail on
the program. Twelve minutes after five Ryan Workplace Health and
Safety getting a big shape up, shake up this afternoon,
i should say, and we're going to go to business
ends Chief Executive Captain rich on this for reaction Catherine,
good evening, Good evening, you glad to be out of politics.
Speaker 15 (39:46):
Well, yes, it's the world of business. Advocacy is a
really good one and so I'm really pleased by the
announcements today, Ryan, because I think the government's making some
progress pair back some of the silly rules and we've
got ourselves into over a period of years. I think
the announcements today many small businesses will breathe a sigh
(40:08):
of relief because they're going to have to just concentrate
on the critical issues that cause death, serious injury and
illness and not get into the endless paperwork and tick
box exercises that makes them fearful about running their businesses.
Speaker 2 (40:26):
Yeah, they're taking small businesses out of the general requirements,
out of the Health and Safety at Work Act. Can
you just give us a couple of examples from businesses
you are aware of, what are some of the things
that they have been having to deal with.
Speaker 15 (40:40):
Well, for a lot of businesses, particularly when they get
fearful about not doing the right thing, might overcompensate and
then brand rules because they think they just want to
absolutely eradicate risk rather than manage or minimize it. And
it's that kind of environment with you get fearful, which
(41:01):
means more road comes. Means things like being concerned about
lolly scrambles at community events, or farmers being nervous about
having people on their properties. The announcements today I think
will go a long way to remind small businesses that
their job is to be successful in their businesses and
(41:21):
not to have to worry about things that are not serious,
stuff like you've still got to have a safe environment,
You've still got to do a whole bunch of things
to their workers. Safety is still paramount. But what we're
seeing here is a clarification of what the responsibilities are
because over a period of time, individual small mistresses have
(41:43):
been worried about doing something wrong and being the one
in the dock.
Speaker 2 (41:48):
Catherine, thank you very much for your time. Appreciate that.
Katherine Rich who's the business end in chief executive, just
going quarter past five year on news talks b Damien McKenzie.
Big move from him today. He's signed on the all
Blacks with m ZR. I should say through until twenty
twenty nine. He's with us live next admind. Staff must
be getting really tired of every second person coming up
(42:09):
and asking them where are the lifts or where are
the bathrooms? Or how do I get out of the building. Well,
there is an easy fix for all of this. Get
better signage. Speedy signs are the experts to sort this
sort of thing out. But it's not only their wayfinding
signage Speedy Signs can help with. It's your a fitness center,
for example, a large format image of super fit people
(42:30):
great way to get your clients inspired to exercise. Or
if you're a school, how about getting cultural artwork professionally
printed and installed. Maybe your business is open twenty four
hours a day, you'll definitely need signage that stands out
in the dark of night, with illuminated or led signage.
In fact, whatever kind of signage you need, Speedy Signs
can help you. Speedy Signs has been around for more
(42:51):
than twenty five years with nearly thirty locations nationwide, so
no matter how big or small your business, they can
help you find the right sign To find them, just
visit Speedy Signs dot co dot nz or call oh
eight hundred Speedy Bryan Bridge Nicola Willis on the show
after six Lots to talk about with her the supermarket duopoly.
Is she going to smash it to smithereens as she's
(43:13):
been threatening. We'll get to that after sex right now.
All Black Damien Mackenzie staying in the country for another
four years. He signed with NZR and the Chiefs until
twenty twenty nine. The contract includes an option for Damien
to take a sabbatical in twenty twenty eight. If you choose,
it's Damien McKenzie is with me now, good good evening
to you, good even mate, thanks of me. Yeah, no worries.
(43:34):
Why have you decided to stay?
Speaker 17 (43:38):
I think you know it's a great opportunity the next
couple of years with the Chiefs, and he's young Rugby
with the All Blacks to you know, to stick around.
And I think both clubs have given so much today,
the Chiefs and the All Blacks and the opportunities I
think so yeah. I mean there's no place like home either,
So I think the next two year is going to
be a big puppy years from myself in both teams.
(44:01):
So for the option to stay in New Zealand was
quite an easy on In the end.
Speaker 2 (44:06):
Did you get lots of other authors? Was there a
lot of money on the table?
Speaker 17 (44:11):
I did get a couple offers and yeahs enough money, I.
Speaker 2 (44:17):
Guess it is it fair to say you took you
took less money to stay in New Zealand? And if
that is true, why I think?
Speaker 17 (44:31):
I guess like I said that, you know, the opportunity
to play for the All Blacks is, you know, one
that you can never take for granted. And you know,
I was out a pretty decent hand last year and
I got a lot of opportunities to to prove myself
that everyone. I think, you know, I learned a lot
from that. And yeah, I think it's just been out
(44:52):
of being in New Zealand being at home. It's you know,
I enjoyed being in Hamilton and playing for the Chiefs,
and you know that's sort of when you go over seas,
you kind of like st that and I, you so
experienced a little bit of a stint in Japan a
few years that which I extremely enjoyed. And I thought
the opportunity that there is in the next couple of
(45:12):
years here in Zealand was too good to turn down.
And I know it's going to obviously take a lot
of hard work, and you know, I'm ready.
Speaker 2 (45:21):
Well, I know there'd be a lot of All Blacks
fans who are very very Antife fans are very happy
that you're staying with us. Where did you or do
you have any plans or what's the deal with the
twenty eight sabbatical.
Speaker 17 (45:34):
Just like any other spectical really not an option to
potentially play the season then and then rejoined back in
his younger later in the year.
Speaker 2 (45:43):
Nice. So you get a bit of at home and
a bit of offshore and included in this in this contract.
Speaker 17 (45:49):
Yeah, very very fortunate with how the contracts come all together.
And you know, obviously here at the Chiefs, which has
been home away from home for for a long time
now and obviously huge motivation to try to bring a
championship to the club. And then yeah, the adoption to
potentially play overseas as well, which I've experienced before, I
(46:09):
really enjoyed, and so to have that in my contract,
I'm very grateful for.
Speaker 2 (46:15):
All Right, Damien, thank you very much for being with me.
I really appreciate your time. And then congratulations on the
new deal. Cheers, Dome McKenzie, all black and tea for us.
It is twenty two minutes after five. You're on News
Talks Hebb.
Speaker 1 (46:28):
Informed Inside into today's issues. It's Ryan Bridge on Hither
Duplicy Allan Drive with one New Zealand Let's get connected
News Talks EDB.
Speaker 2 (46:39):
Five five on News Talks VB I reckon Nichola Willis
is bluffing us. She's having an a laugh. She's not really
going to take a sledgehammer to the supermarkets. She has
threatened to do this. She's having some consultants come in
and do some work on it, but she's not serious
about doing it. There are a couple of reasons why not.
Splitting up brands like Pack and Save a New World
(46:59):
from each other is a pretty drastic action to take.
It could affect hundreds of Mum and Dad's store owners
who run their own local supermarkets and form part of
the co op around the country. Then there's the problem
of prices. The fact that co ops like food Stuff
exist mean they can spread their costs around the country
and make prices more even between the regions. What happens
(47:22):
to the price of Pam's biscuits a Pack and Save
in Rotadua if you split this store from its brother
and sister stores, does the price come down or does
the price go up? If it goes up, So, if
it goes up, then Nicola's credibility goes down. Equally, splitting
retail from wholesale risks creating a middleman that goes between
(47:46):
the two, thus pushing prices up anyway, These are all
arguments for why not, and there are arguments for four,
but at this stage they're not specific. They're just prices
are too high, so we better do something. All of
this before you even get to the political support for
such a move, which obviously wouldn't involve the act Party
(48:06):
based on their comments today, so would need help from
across the Aisle. I think in the end the risks
will be too great, the benefits not clear enough for
Nikola to smash the supermarkets to smithereens. I also think
she knows this. She's hoping the threat is enough to
yield some results in the interim and go down wild
with the public who is sick of paying through the
(48:28):
nose for groceries every week at the checkout. We'll put
some of that to Nikola Willis. She's on the show
after six this evening. Also, I want to talk to
you about Norway. Fascinating what they're doing in Norway with
some of their old infrastructure that they use during the
Cold War for the Soviets. They're bringing it back, which
is never a great sign, is it for the state
(48:48):
of the world. Where Norway's bringing back you know, basically
they are shelters where they put all of their Air
Force fighter jets and hide them in the hills should
they be bombed or newt So it's not great news,
but anyway, I'll tell you all about that after six
this evening as well, News Talk said, b.
Speaker 14 (49:08):
Whenever you're slow, We're never offa.
Speaker 18 (49:19):
We never.
Speaker 1 (49:24):
On the iHeart app and in your car on your
drive home it's Ryan Bridge on hither duper s Allen
Drive with one New Zealand let's get connected.
Speaker 18 (49:33):
News Talks ed b Lin for the first time.
Speaker 2 (49:44):
Good Evening's twenty five away from Sex. News Talks said,
be the huddle joining us in just a few moments.
Lots to talk about. We'll talk about the Greens. We'll
talk about Donald Trump, how he could get a third term.
After six we'll talk to Nichola Willis. She's here a
talk about the supermarkets, also the fairies, and Shane Soley
from Harbor Asset Management gives us the wrap of the markets.
(50:06):
Right now, it's twenty four away from Sex. Bryan Bridge
Auckland Pride is accused Winston Peters of conspiratorial fear mongering
in relation to his comments about Benjamin Doyle. The Deputy
PM criticized Duel for their Instagram account with the handle
Bible belt bussy here is Coloswarbrick.
Speaker 10 (50:22):
Members of many minority communities, the Rainbow community included, oftentimes
end up co opting or using language which is considered
it absurd or whatever else by external groups and flippant
or irreverend ways in order to help navigate the world.
Speaker 2 (50:37):
Been good, Sir, is the chair of all com Pride
with me now, hi Ben Hi, Ran, how's it going good?
Thank you? Good to have you on the show. Can
you see why? Okay, just pretend you're not the chair
of allkm Pride for a second. You're a semi conservative
kind of father of two. Can you see why from
some people's perspective, seeing a child, a photo of a
(50:58):
child with an a man be it their father, and
the post the caption bussy galore, which is a sexualized
reference to a man's bottom, can you see why that
might set pitch some people off?
Speaker 19 (51:16):
Look, Ran, I can see like lots of people have
feel shocked by the queer community and that there are
lots of misunderstandings that still exist, and so I can
understand why someone who doesn't have the understanding and doesn't
have the context, might feel shocked, but hopefully I can
(51:39):
provide a bit of that context today.
Speaker 2 (51:41):
Do it? Yeah, tell us what is the context that
why would you put that type of term next to
a child?
Speaker 19 (51:49):
Look, I think I think the starting point for this
is that Benjamin Doyle as a really well respected member
of our community, and when this post was done, was
working at the Foundation, which is a local grassroots charity
looking to end the transmission of HIV and ALTA. I
live just off Cada Road. Every day I'm walking past
(52:11):
posters from the Burnett Foundation with a sort of language
on it trying to connect with the areas of the
Rainbow community that need to hear these messages about sexual health.
And this is language of means of RuPaul that is
becoming more common, but is language that is targeted towards
(52:33):
certain communities and intended to engage with those communities. And
as I understand it, this was just one photo and
a whole reel of photos that Benjamin posted, and their
role was to connect with communities. And so what we're
seeing here is the intersection of their work, of their
(52:56):
identity as a queer person, and of their role is
someone who's a part of a family.
Speaker 2 (53:02):
So this the caption the bussy thing was actually applied
to a whole bunch of different photos, not just this
one particular photo of the child.
Speaker 19 (53:13):
Is that what you're saying, Yeah, My understanding is, you know,
they had this joke nickname of Bible about bussy on Instagram,
and so they've put up a realer photos of what
they've been up to and captioned it bussy galore. Sure
you know it's not what's what everyone might expect, but
that that kind of was a reflection of them and
(53:34):
their engagement with the community. And one of those photos
had their family member in it. But that that's not okay,
That that's not something that I think is worth us
spending a lot of time reading into.
Speaker 2 (53:49):
All right, fair enough, Do you know what I find
interesting about all of this, because I mean, obviously I
am a part of this community, but I don't I mean,
I didn't really know what bussy meant, if I'm being
honest with you, But something with stim Peter said to me.
Barry Soper has said the same thing when he came
in this afternoon. They've heard from friends of theirs who
are gay, and I've heard from friends of mine who say,
(54:11):
why do these guys have to go around provoking stuff
like with a pride parade in Auckland for example. And
I'm not saying anything but anybody did anything wrong because
I love a drag show. But if you know that
there's people who don't, you know, why take it to
a library with these children? You know what I mean?
(54:31):
Can we are we trying to be inclusive or are
we trying to provoke?
Speaker 19 (54:36):
Look, I mean the queer community has been seen as
inherently provocatives for centuries and so it's only in the
last twenty years that our mere existence has been anything
less than provocative. So coming along afterwards and sort of
training to police the language of communities and the way
(55:00):
that they engage. And there are people who are disconnected
and this is the sort of language that that gets
used to reach out and into those communities that need
to hear these messages, and these are the important messages
that are going to help us end hav.
Speaker 2 (55:17):
In New Zealand.
Speaker 17 (55:18):
And.
Speaker 19 (55:18):
So it's not for everyone, but it's also it's part
of a much way to picture in a really deep
history where people's very existence has been seen as controversial
for so long.
Speaker 2 (55:35):
Okay, interesting, Ben thank you very much. I appreciate you
coming on the program, being good to all compride here
it is nineteen away from six.
Speaker 1 (55:42):
The Huddle with New Zealand Southby's International Realty, the ones
with worldwide connections that perform not a promise.
Speaker 2 (55:50):
Joining me tonight maximums to Thomas Scriminger. Hi, Thomasday, Good
to have you on the show. Welcome and Joseph Beganni
from Child Funders with us tonight as she always is
on a Monday. Josie, good evening, good day. Hey, we'll
come back to this whole bru hahar over Benjamin Doyle,
but kick off with the fairies, because this is this
is a well. I mean, what did we learn today?
(56:11):
We learned we're getting two hundred meter long ferries. They'll
be twenty eight meters wined, fifteen hundred passengers per piece,
and crucially they'll have rail on board. Winston's quite happy
with this. Cabinet has agreed, Josie, is this a win?
Speaker 20 (56:27):
Well, Look, it's cheaper than the original cost. So let's
remember where we were under the last government, where it
was meant to be a seven hundred and fifty million
dollar project. It ballooned out to three billion dollars, and
that was because and don't forget Ryan, this is a
this is a business, the ferry business that earns a
(56:47):
revenue of one hundred and fifty million a year. So
I'm not sure the cost benefit of this really stacked
up when it was three billion dollars. So now we've
got something that's cheaper. But the thing that worries me,
and thank god we've got something and a decision, because
these things are going to crap out in twenty twenty
nine the ones we've got, so we need something. What
(57:08):
worries me though, is that I'm not entirely convinced that
they have fully costed this, because the reason it ballooned
from seven hundred and fifty million to three billion was
the cost of the port infrastructure. So the Minister Wison Peters,
he's been assured by the experts that there will not
be a cost blowout with the infrastructure and that these
(57:29):
fairies are apparently shorter but wider something like that, so
they don't need as long as a port as much
port infrastructure. I'm just not convinced that bigger fairies, okay,
wider not longer, are not going to need some kind
of infrastructure. I reckon this will balloon out a bit more.
Speaker 2 (57:47):
Yeah, I mean, once bitter and twice shy, Josie, and
we've been bitten quite hard on the last one, haven't we.
So I can forgive you for being a bit skeptical
about estimates from Wellington. Thomas, what's your take?
Speaker 16 (58:00):
Yeah, well, I think Josie's right. It's good that we've
got a decision, but we don't yet have a contract,
and that's kind of really the first hurdle. Winston has
announced today the kinds of boats he's looking to purchase,
has not actually purchased any, so that'll be the first hurdle.
And then delivery is always the hardest thing to achieve.
(58:20):
By canceling the expensive old planned ferries, we are getting
delayed until we get new ones. You were just chatting
to Damien McKenzie. He signed a long term contract till
twenty twenty nine. He might still be overseas before we
get any new fairies.
Speaker 20 (58:34):
Yeah, just one thing on that we do need to stop.
The government does need to stop announcing announcements of upcoming announcements,
you know, and if you look at the recent Adleman
Trust Barometer. I mean in New Zealand trust in government
has fallen to forty five percent, which is one of
the lowest in the OECDS. So we really are over
(58:55):
all governments of all shades at the moment. And part
of that, big, big part of that is delivery. So
you know, announce the delivery, the contract, the fairies, the
final cost and let's just get on with it.
Speaker 2 (59:07):
Yeah, I would appreciate a bit of that too, Thomas
and Josie. We'll be back in just a moment. We've
got well, lots to discuss Donald Trump. We've got Benjamin
Doyle and the issue with GPS. If you're troubling, troubling,
if you're having trouble, I should say getting an appointment.
Speaker 1 (59:22):
The huddle with New Zealand Southeby's International Realty achieve extraordinary
results with unparallel reach.
Speaker 2 (59:29):
News talks there b We're on the huddle with Thomas
Scrimger from the Max Maxim Institute and Josie Bucganney from
child Fun. Just had a quick email from Courtney and Brisbane.
She says, love listening into the show on LD coming
to New Zealand. It won't happen. They haven't made it
to Tasmania yet. Not going to happen for you guys. Sorry,
Niicola willis with us after six talk more about that.
But on this Greens MP Benjamin Doyle and the whole
(59:52):
what's going on? Thomas? What is your take here? Do
you think because just the fact that he is the
spokesperson for early childhood education for the Greens have anything
to do with this? Do they need to be careful here?
Speaker 16 (01:00:07):
I wouldn't hone in on the fact that he spokesperson
for early childhood education. I think that's to take the
story in a specific direction. It doesn't need to go
in first and foremost. I think this is a story
about a public figure, a member of Parliament, who has
some relatively explicit language posted on his profiles, and he
was left unprepared from his party. The Greens seemed incredibly
(01:00:30):
unprepared to handle this story, even though he'd been in
Parliament for some time.
Speaker 2 (01:00:35):
Yeah, and it's not like they haven't had many of
them to deal with lately. You know, you think they'd
be quite good bye now.
Speaker 20 (01:00:40):
Jose's one a week, isn't it, Ryan? And it does
make me think that the Greens. You know, I think
New Zealand is about five years behind the rest of
the world. And you've got Tamitha Paul talking about defund
the police. I mean, this was going on in America
in twenty sixteen and lost them elections. So I sort
of feel like, you know, we need to kind of
catch up with the fact that this stuff is just
(01:01:02):
not popular. Guys, you know, you need to focus on
the stuff that people want you to focus on as
a Green Party. But on this particular issue, I don't
think the problem is the language around the Rainbow community
Bible belt bussy. You know, thanks for the explanation. I
didn't know what it was either, so thank you for that, Ryan.
(01:01:22):
But I don't think it's that. The issue isn't that
it's not some conservative father of two sitting there going
I don't like all this drag queen stuff. The problem
is the sexualized content. I the words bible belt bussy
and a picture of a child sitting on his knee,
and that's the issue that people are going. I'm just
(01:01:43):
a bit uncomfortable about that. And I heard the explanation
that Ben from the Pride you know community gave you,
and yeah, Auckland Pride, and I thought that was really good.
But what would be what would be better is if
this MP had stood up and said, you know, look,
this was a series of photos. It's unfortunate that that
(01:02:03):
phrase Bible belt bussy, which is sexualized, ended up on
the picture of a child sitting on my knee. But
here's what it was all about, the fact that he
if that was me and there was a photo out
there with something sexy in the title, I would have
come out immediately to set the record straight and clarify
that this was not something that you need to feel
(01:02:25):
uncomfortable about. I think it's the problem that the explanation
hasn't really been there, and it is just simply the
sexualized wording with the picture of a child. It isn't
an anti rainbow thing. It isn't an anti you know,
the fun of Auckland Pride and the fun of and
the provocativeness of the gay community, that's all great. Everyone
(01:02:46):
loves that. It's the sexualized content with the picture of
a kid.
Speaker 2 (01:02:51):
All right, Donald Trump, do you believe him when he
says Thomas that he'll be going for a third term?
Speaker 16 (01:02:58):
Oh well, I think the phrase that people will use
around Trump is to take him seriously, but don't take
him literally. Now, quite possibly he's soft launching his plan
to become the next president. But there's plenty of things
he's doing in the immediate president that can be worrying
without us spending too much time stressing about whether he's
going for a third term. I guess the reason to
(01:03:21):
give us hope is that his vice president is significantly
younger and probably quite ambitious. So if you're worried about
American president, perhaps he's the one we should be stressing about.
Speaker 2 (01:03:32):
Yeah, that's always the rumor, isn't it that that he's
lined him up to be the replacement Josie.
Speaker 20 (01:03:37):
Yeah, like Putin did with med for death. If you
remember that, he stood down because he couldn't like constitutionally
stand again and god is you know two ic to
stand and then Putin steps up again. So yeah, I
am worried about this. And there's a great phrase out there.
I don't know whether you've heard it rhyme, but you know,
shock as leopard eats face said person who voted for
(01:03:58):
the leopards eating people's faces party. I think we should
take Trump literally. This is what he said. He would do.
He said, you know, I'm going to invade Greenland. I'm
going to make Canada the fifty first state. I'm going
to take that Panama Kmal, I'm going to do tariffs,
I'm going to get rid of these government departments and
so on. In fact, he's done more than he said
(01:04:18):
he would do. So you know, if you vote for
the leopards eating people's faces party, don't be surprised when
the leopard eats your face.
Speaker 2 (01:04:26):
Very strange analogy, but I get what you're saying. The
thing is, it's it's almost too much to take though, Josie,
because we've got China, we've got Russia throwing bombs into Europe,
We've got a run in the Middle East. I can't
handle another one of these, you know, I.
Speaker 20 (01:04:40):
Know, It's just everything, isn't it.
Speaker 3 (01:04:43):
I mean, it's.
Speaker 20 (01:04:44):
Letting people out of jail, it's ignoring judges orders, it's
invading Greenland. I'm very pleased to announce that my kids
have renamed our family chat group the Pagani Family Top
Secret War Plans Chat Group. Great, very good laugh.
Speaker 2 (01:05:00):
All right, thank you guys for coming on. Appreciate your
time and your thoughts. Thomas Scriminger from the Maximum Institution,
Josie Beganney from Child Fund. It's seven away from six
News Talks. There be Nichola Willis here after the news.
Speaker 1 (01:05:12):
It's the Heather Dupless All and Drive Full Show podcast
on IR Radio powered by News TALKSB.
Speaker 2 (01:05:19):
Four minutes away from six News Talks eb So, I
was talking to you about this earlier on in Norway.
They're restoring some old Cold War military bunkers. So there
were three thousand underground bunkers that were built during the
Cold War. Some of them actually went finished during the
Cold War, only finished afterwards, by which point they were like,
well that was a waste of time. But here we are. Anyway,
(01:05:40):
they decommissioned that they used to hide everything from fighter
jets to nuclear submarines. They can enter through water, go
underneath the mountains and hide in these bunkers that they built,
obviously to protect them from being bombed and the like.
Now they decommission them about four years ago. A lot
(01:06:01):
of them they decommission and they are now re they're
giving them the go button again, saying we might need you,
which is not reassuring. But interestingly, one of them they
rented out to a couple of private companies. One of
them was a Russian fishing company. So the Russians have
been in there. Presumably they know everything there is to
(01:06:22):
know about them. I mean, how effective are they now
hiding things that would be my own concern. Nichola willis
here on the supermarkets.
Speaker 18 (01:06:32):
Next two step with a woman. I love that.
Speaker 1 (01:06:44):
We need a stile on where business meets insight. The
Business Hour with Ryan Bridge and Mayor's Insurance and investments,
Grow your wealth, Protect your future.
Speaker 2 (01:06:58):
News talk said, be good evening. It's seven up to
six Shane solely on the markets. In just a few moments,
we'll look at Auckland Airport getting its wings clipped by
the ComCom and Gavin Grays in the UK right now
the Finance Minister, Nicola willis, good evening, Good evening, Rin,
good to have you on the show. A lot to
discuss tonight. We'll start with the supermarkets. What impact do
you expect because you've basically threatened to force the sale
(01:07:22):
or to break up the cooperative in food stuffs, some
of the brands around supermarkets, you've threatened to break them up.
What impact do you think that will have on those supermarkets?
As we stand today.
Speaker 21 (01:07:36):
Well, right now, we have one of the least competitive
grocery markets in the world, and we are paying more
for our groceries as a result. So what I want
to achieve is a properly competitive market to put downward
pressure on prices, to motivate innovation, and to ensure that
shoppers get more choices. So the intention here is yep,
(01:07:58):
first porto call, let's try and get a third operator in.
But if there are market structure issues preventing that happening,
then I feel duty bound to take a next step
and look at how we can fix that market structure.
Speaker 2 (01:08:10):
All right, Well, we'll talk about that and whether that
is the issue that should be at the forefront of
any investigation. But what do you think the threat of
a being broken up as a business hanging over you?
What does that do to an individual family who might
own a supermarket that's part of their co opt food
stuff for example? Are they going to invest in new technology,
(01:08:32):
are they going to invest in new machinery efficiencies while
there's that holding hanging over them? And does that not
in a way undermine the work that you're trying to do.
Speaker 21 (01:08:44):
Well, Ryan, as a Minister of the Crown. I am
responsible to the many, not the few. I'm responsible to
the millions of New Zealanders who do their grocery shop
each week, rather than a few hundred people who are
fortunate enough to own and rate a supermarket. I think
a lot of those supermarket owners do a really good job.
(01:09:05):
My issue is with the structure they are operating in.
And actually you'll find that some of those operators of
supermarkets themselves raise concerns about the way that their cooperative
or their company operates, and so the request for information
process that I'm running will give them the opportunity to
raise concerns about that model as well.
Speaker 2 (01:09:27):
The Commerce Commission initially recommended breaking them up, but by
the final report had pulled back because it was too risky.
Why raise it again.
Speaker 21 (01:09:36):
Because what the Commus Commission said was, let's see if
these new regulations that we're introducing will introduce some more
competitive pressure to the market. Since then, there has been
no more competitive pressure. In fact, the market has become
more concentrated. There's evidence that margins are increasing, that profitability
is increasing. Everage key we certainly haven't seen better prices
(01:09:58):
at the checkout, and the meantime We've had misleading specials,
pricing and accuracies, ongoing investigations, consumer complaints, issues with the
supply code, issue with the wholesale code. None of that
tells me that the supermarkets are taking this seriously. They
haven't pulled their socks up. They aren't actually delivering anything
(01:10:19):
materially better to New Zealanders. A year on from when
these regulations were first brought in, and the first grocery
port review is pretty sobering reading. It points out that
despite all of the good intentions, things actually haven't gotten better.
So I can sit back and say, oh, well, I'm
going to cross my fingers and hope that aldi turns up,
(01:10:41):
or I can take action. And I'm choosing to take action.
I'm actively pursuing a third entrant, and I'm preparing for
a scenario in which that doesn't happen.
Speaker 2 (01:10:50):
Can we just s be clear for people who listen
to this type of retric and we've had it from
previous Ministers of Finance and prime ministers saying we will
rain them in, will make it better. Can we just
speak clear about how much we're being ripped off by
So it's a million dollars a day, so you know,
three hundred and sixty five million a year. If you
divide that by the population of New Zealand, we're talking
(01:11:10):
about a dollar forty a week I think per person.
Speaker 21 (01:11:14):
It's the number I'm focused on is the fact that
when you compare us with other advanced countries and the OECD,
we're paying about nine percent more on average for our groceries.
That's a worry. That is hundreds of dollars every year potentially.
And what I'm also worried about is that with a
lack of competition, you don't get the choice that you
(01:11:35):
see in other markets. If you're in Australia and many communities,
you actually have the choice to go to an Aldi.
Now it has more limited stock, but it's cheaper and
I know a lot of New Zealanders just want that choice.
Is there a cheaper option, a different option, and right
now our market and most parts of the country doesn't
have that. So competition is about price, it's also about
(01:11:57):
variety and choice. It's about innovation because there's evidence that
our supermarkets aren't innovating in the same way that you're
seeing overseas because they don't have to. There's not huge
amounts of competitive pressure on them. I believe in markets, Ryan,
competitive markets. I'm a backer of business and private enterprise,
but for that to deliver the dividends, it has to
(01:12:17):
be truly competitive. And the evidence is pretty clear that
here in New Zealand we have a functional duopoly. We
have the effects of market power, which is that the
big providers don't need to provide the price pressure or
have the relationships with supplies they would in a competitive market.
Speaker 2 (01:12:34):
We asked the former managing director at Costco, Patrick Known,
this afternoon, what are the main barriers to getting into
New Zealand government regulation.
Speaker 3 (01:12:43):
I suppose real estate prices was a massive barrier and
is a massive barriers. Just not a lot of retail
space available to be purchased or a rent, so I
think that's a huge barrier. And then logistics as well,
stuff into the country at a nice timely manner.
Speaker 2 (01:13:04):
Both far and away. The biggest issue was lands owning.
Speaker 21 (01:13:08):
That's government absolutely, and we are tackling that by replacing
the RMA at the same time. Ryan. Right now, according
to the Grocery Commissioner, the supermarkets are holding at least
forty six properties which they haven't used for retail for
more than twenty years. So that to me suggests that
(01:13:29):
the current incumbents are land banking based holding sites, so
that others well, they are, but and the Grocery Commissioner
is looking into progress on that. But there are still
sites that they hold and traditionally, of course they used
covenants and other tools.
Speaker 16 (01:13:45):
But we sought to block out new entrance.
Speaker 2 (01:13:47):
We sorted that out, didn't we. I mean that's part
of what the last out.
Speaker 21 (01:13:50):
Yeah, we've now banned the use of covenance. But my
point is there are still land holdings which the Grocery
commission is looking into because they want to know do
they own them for real reason or are they owning
them to block out the competition. So that's one of
the issues that we need to look at. But I'm
a big believer too. We need to get rid of
the zoning laws and requirements in the RMA that have
(01:14:12):
made it too hard for all kinds of industries to
develop and expand I'm absolutely on that agenda. Let's get
that red tape out of the.
Speaker 2 (01:14:19):
Way, Okay, fairies. Winston Peters was on the show earlier,
so basically you had an option which was following the
advice of the working group which didn't include rail. Can
you let us in on what the price difference was
between the no rail option that you didn't go that
Cabinet hasn't gone with, and Winston's option with rail.
Speaker 21 (01:14:42):
All I can tell you is that this deal that
we've done is going to deliver a far far more
affordable option than was being proposed by the past government.
And you'll understand that revealing our budget to third parties
that would usually be a pretty pause strategy for get
value for goodluck money.
Speaker 2 (01:15:02):
So we're not going to be Minister. That's not what
I'm asking you to do. What I'm asking you is
to tell us the difference in price between what you
had proposed and what you've gone with.
Speaker 21 (01:15:12):
Well, that's yet to be determined because it rests on
the negotiations which are now going to occur, both for
the purchase of ships and for infrastructure development proposal.
Speaker 2 (01:15:22):
Let me be out to stay. Let me be more specific.
Can you tell me the price difference in estimate between
the two?
Speaker 3 (01:15:30):
No?
Speaker 21 (01:15:30):
I can't. What I can tell you infrastructure side, No
I can't, because actually we want to do a good
commercial deal. We're not going to have the will pulled
over our eyes, like the last guys who allowed you
but the price to be read without because they knew
the taxpayer was on the hook.
Speaker 2 (01:15:45):
Yeah, but this number is different.
Speaker 21 (01:15:46):
I'm not going to put them in jepidy.
Speaker 2 (01:15:48):
Yeah, but you're not telling us the number that you've
got available to spend, just the difference between what you're
not spending and what you are spending, which is not
telling them anything.
Speaker 21 (01:15:57):
But that number is yet to be determined because it
depends on the results of negotiations taking place.
Speaker 2 (01:16:02):
I'm moving on because getting boring for people? Do you
think are you let me ask you never boring?
Speaker 21 (01:16:09):
Ryme ask boring questions?
Speaker 2 (01:16:14):
With having Winston around the cabinet table, do you do
you appreciate having someone like that? I mean, he didn't
quite say that he was, you know, the old smart
man in the room, but he's sort of implied it.
Is it nice to have someone around the table like that.
Speaker 21 (01:16:29):
Look, I get along well with Winston. He's obviously got
a different perspective online. I'm a forty four year old
woman with four kids. He's a man who's almost eighty.
We've got different perspectives and different experiences to bring to
the table, and I think that's a good mix. I
think what we've demonstrated over the past few months is teamwork.
Speaker 2 (01:16:48):
Very nicely put minister, never boring, Appreciate your time, Nichola Willis,
Who's Steve Finance Minister? Sixteen after six.
Speaker 1 (01:16:55):
It's the Heather Duples see Allan Drive Full Show podcast
on my Heart Radio powered by Newstalk.
Speaker 2 (01:17:01):
ZIBBI News Talk ZMB. It is nineteen minutes after six.
I like this text. It says, Ryan, You've got to
admit that Nicola Willis did Burn. You're pretty good there
in that response to the boring statement. I have to agree.
Consider me Burn. Shane Solly's with US harbor Asset Management,
Shane good evening. Get it right, Hey, Donald Trump, We've
got Liberation Day coming April second, so we're just a
(01:17:22):
few days away. Now, what do we know? What can
we say that we know about the tariffs that are
potentially coming our way?
Speaker 22 (01:17:30):
Well, it's a really good point, so euphemistically Liberation Day.
Some pretty chunky increases in towers, Canada, Mexico and China,
and potentially what they call in the DWTY fifteen, a
bunch of companies there for more than fifteen percent persistent
trade surpluses with the US. Look funziand it's a risk, right.
We're not directly in the targets of the US tabs,
(01:17:51):
but we are exposed to this trade disruption, including this
reciprocal trade tafts. And so we think we are already
potentially seeing that slowing pace of recovery in New Zealand
economy reflects some of this weariness around terrace, businesses holding back,
and the risk for US is that we get caught
up in the middle of a global trade war. Look,
we're going to find out on Wednesday night in New
(01:18:11):
Zeon time. We know that there's lots of room for
movement between now and then Ryan. This is a trade
negotiation done by mister Trump. There's lots of things that
could move. So it's hard to be definitive, but we
are facing a bit of a headpoint.
Speaker 2 (01:18:25):
Yeah. What is the headwind going to do to growth forecasts?
Speaker 22 (01:18:28):
Yeah? I think particularly in the US, we've already seen
a number of forecasts dial back their growth reflecting this
tariffs and also the government spending push by the Trump government.
So we have seen growth forecasts drop from around five
percentage where they currently are to out the next few
years right down sort of med fours, and so we
(01:18:50):
are seeing that being a risk for US economic activity.
There's a little bit of an offset globally simply we're
seeing Europe and China announcing spending increases by their governments
and we've seen a bit of a lift and activity there.
But certainly there's a risk to global growth from this
US economy coming off what's been a pretty strong run.
Speaker 2 (01:19:07):
We've had the A and Z Business Outlooks Survey for
the month of March out today. What are we hearing
from that?
Speaker 22 (01:19:15):
Yeah, look, you know again were slightly more. Business confidence
is okay, and new zeone we have seen it sort
of hold up at positive levels, suggesting there's a bit
of a this gradual recovery we're seeing new ze on
it's likely to continue. Certainly not all positive. There's an
investment in employment intentions a bit of a slip, and
pricing intentions going up, so that's something the Reserve Bank
(01:19:36):
will be watching for. But this sort of lead indicator,
we're seeing enough positivity coming through and own activity that's
the real gauge of how do you can give up
your own business? Your own activity that actually increased four
points to plus forty nine, so not quite fifty fifty
is where we want to see growth, but we're getting
back to it.
Speaker 2 (01:19:54):
This is obviously the last day of the March quarter.
How are capital markets responding. We've got increased uncert the globally,
which you've touched on. We've got the potential trade terrorists,
but we've also got the geopolitical situation. How are capital
markets respawning?
Speaker 22 (01:20:08):
Yeah, it's been a pretty pretty rugged quarter. We certainly
going to invest a risk tolerance for There's there's a
lot of growth wal quests to come through, so some
of the higher risk high growth as it's like, for example,
shares maker the generally forms what defensive assets have done
but better. Probably the interesting ones of things like the
US dollar is this thing called the d x ys
(01:20:29):
US Dollar Index. It's fallen from one hundred and eight
at the end of December to one hundred and four
and hour, so about four percent. You're kind of a
big deal. That's where people park their money when they
want to be saved. But what has really performed arians
goal up almost seventeen or actually eighteen percent to just
add a three one hundred US prounce. That just shows
how anxious investors are our worried there about this global setting.
(01:20:53):
They've gone back to the og defensive asset, so quite
a big spring. We've gone from markets pricing and perfection
at the end of December, two markets pricing and a
degree of chaos at the end of March.
Speaker 2 (01:21:07):
Interesting, Shane, thank you very much for that. Shane, Sally
Harbor Resset Management with us on your Monday evening, twenty
three minutes after six. We send an email to the
group of consultants that the Minister has our tasked with
looking into supermarkets and they send us a reply back
which is a little shocking, a little unusual. I'll read
it for you next.
Speaker 1 (01:21:26):
If it's to do with money, it matters to you.
The business hour with Ryan Bridge and their's insurance and investments.
Grow your wealth, protect your future newstalks edb.
Speaker 2 (01:21:38):
It is twenty six minutes after six. So we wanted
to interview a guy called Tim Morris from consultancy firm Coriolis.
Now Coriolis is currently doing work for MB on the
supermarkets at the request of Nikola Willis, who we just
had on the show. Anyway, so he emailed us. He
emailed us back saying this. This is verbotom. I'm going
(01:22:00):
to quote MB asked us at this early point in
their process to refer all media inquiries to them. Besides,
we are way too busy working to be media whores
right now. That's a full time job. Good luck with
your story, which is I mean, this is a pretty
unusual language for a consultant, right anyway. We put this
(01:22:22):
to MB This is our poor producers who have to
deal with a lot of crap here at the program.
Put this to MB ask what if it's appropriate? They said, no,
it's not appropriate anyway. Next thing in the inbox to
our producer is an email from to Morris. Again, my
apologies for the previous language. Use of this sort of
rough discourse when representing his majesty the King is of
(01:22:42):
course unacceptable. I'll buy you lunch in the future to
make it up to you. The fourth and frank language
that I normally use will return once this project is complete.
I guess there's no changing his His words are there,
but slightly oropriate for our game producers to here, I
would have thought twenty eight minutes after six.
Speaker 1 (01:23:03):
Croaching the numbers and getting the results, it's Ryan Bridge
with the Business Hour and mes Insurance and Investments, Grew
your wealth, Protect your future.
Speaker 18 (01:23:13):
The News Talks edby.
Speaker 23 (01:23:16):
Palmydy Bummy get first breaking back, just keeping.
Speaker 2 (01:23:29):
There's twenty five away from seven News Talks MB. We'll
get to Gavin Gray in the UK. He's standing by
me with us before the top of the hour. The
ASB economic update that was out today for March looked
at the housing market and I didn't quite realize. I mean,
you see the numbers, but you never quite think about it.
New Zealand house prices are currently about fifteen percent below
(01:23:52):
the twenty twenty one peaks that was the post COVID craze,
remember that. So that is more than a quarter lower
when you're talking about inflation adjusted numbers. And they're talking
about the recovery, and people have been talking about this
for a very long time. ASB predicts five percent over
this year and then a stronger recovery from twenty twenty six.
(01:24:12):
But it's still going to take away while it's going
to take a week while. And somebody was showing me
a graph the other day they reckon the market. And look,
I'm not going to be sitting here predicting and pretending
that I know what I'm talking about, but they were
saying that the market would be peaking again if you
look at the cycles. In twenty thirty, twenty four Away
from seven Thomas Commission found that Auckland Airport has been
(01:24:36):
overcharging airlines since twenty twenty three. The airport lowered their
upcoming price increases after being found to have overcharged by
one hundred and ninety million dollars. Barnes executive director Katho
Bryan's with us now, kath good evening, Good evening, Ryan,
How is it possible to overcharge by that amount without
realizing what you're doing?
Speaker 10 (01:24:57):
Oh?
Speaker 24 (01:24:57):
Look, the wonderful thing in New Zealand is the airport's
concept prices as they see fit, which means that they
can set their target return kind of as they wish,
and they do that, and then a couple of years
later the Commerce Commission comes along and has a little
look at that and in this case has found that
it's a little bit excess. So Auckland Airport has very
slightly lowered those prices or that all that target return,
(01:25:19):
which has an effective lowering the prices, and then they
will gaily carry on increasing prices to cover the infrastructure happily.
Speaker 2 (01:25:28):
Ever after, how does this impact airlines? How is it
impacting the airlines? Oh?
Speaker 24 (01:25:33):
Look, you know the age old problem of Auckland Airport.
You know this this monopoly of monopoly airports that is
seventy five percent or thereabouts of the traffic into New Zealand.
You know, is building a substantial you know, airport building.
It essentially a new airport to replace the old one,
and that's costing something like six billion odd dollars which
(01:25:56):
will be recovered all from airlines flying here. And that
has the effect of raising prices for airlines all the time.
And this report today is just about the target return
or the profit margin that Auckland Airport can also recover,
as well as the cost of the bills. But we
still have to pay for the cost of the build.
(01:26:16):
So that's the real challenges that prices will continue to
rise for years and years and years.
Speaker 2 (01:26:21):
That's your big bug bear, isn't it. It's the build
not yes, but it really is. But if we will
all get a better airport out of it, and if
we don't invest now, it'll cost us more tomorrow.
Speaker 24 (01:26:32):
Yeah, look totally. And if we do need to invest
and we do need to improve the airport, but I
am not so sure that we need to spend upwards
of six billion odd dollars without even getting a second runway,
you know, to get to get the job done. And
what concerns me more is that the increasing prices may
impact demand for destination. New Zealand. Auckland Airport is already
(01:26:57):
seeing flat demand for air services and that would be
fine if airport's all over the world were also seeing
flat demand.
Speaker 2 (01:27:04):
Yeah, they're not, but they're not taple of recovering quicker
than Usah, So have we got like the Ferrari if
we're comparing this to the ferries, have we got a
Ferrari version of an airport upgrade when what we need
is a Toyota?
Speaker 24 (01:27:16):
Is that what you're saying, Well, certainly, we've got a
very expensive airport upgrade that includes a wonderful road that
goes all the way to a shopping mall, and eventually
we'll have to include a bridge to join from the south,
replacing that connection because of the traffic to the shopping mall.
And we've got an extensive property portfolio that surrounds the airport,
none of them come from which actually has to go
(01:27:39):
into the airport are building. All of that is recovered
from prices. So we have this regulatory setup which is
actually doing New Zealand as a disservice. And one of
the great things about this Commerce Commission report that's come
out today is that it actually canvases the sorts of things,
sorts of other regulation that policymakers could apply if they
(01:28:03):
so chose, and if there was to be an investigation,
these are the sorts of things that we would consider.
And so I think, you know, really that places the
ball firmly in Minister Simpson's court, the Minister of Commerce,
to see whether he will make a move.
Speaker 2 (01:28:19):
Interesting, well, they've certainly got an appetite for making moves
at the moment. It might be that you've timed it right, Kath.
Thank you very much for your time. Appreciate it. Kath O'Brien,
executive director of Barnes. It's twenty to seven news talk,
said b We with Gavin Gray out of the UK.
Speaker 18 (01:28:32):
Next.
Speaker 1 (01:28:32):
Whether it's macro microbe or just playing economics, it's all
on the business hours with Ryan Bridge and theirs. Insurance
and investments, Grow your wealth, protect your future.
Speaker 2 (01:28:44):
These talks b seventeen minutes away from seven on news Talk,
said b Gavin Gray's our UK correspondent, Gavin. Hello, Hi,
that good evening, Good evening. Now, Liberation Day is fast approaching.
This is the US side of it. But the terroriffs
that could have ventuid as a result would be really
devastating for the UK. But there's a potential deal here
(01:29:05):
and actually the soundings coming from both your side and
the Washington actually sounding relatively positive. How has it been engaged?
Speaker 8 (01:29:16):
Yes, yeah, I think that's about right. So there was
a call last night at our time, less than twelve
hours ago between our Prime Minister Sekir Starmer and Donald Trump,
the US President. The difference I think that the UK
is arguing over many other nations, particularly the EU block
as a whole, is that the UK has a relatively
equal trading relationship with the US compared to its other partners.
(01:29:37):
In other words, we import as much from the US
export in a rough way. We're also very fearful, of course,
as men are, about what it'll do to our economy
if they do tariffs and we fire back with tariffs.
The governments that have official watchdog on these things, the
Office for Budget Responsibility, says that a reciprocal trade war
(01:29:59):
could wipe billion from the economy, with the GDP next
year azero point six percent lower than forecast and one
percent lower than next year. So this is big, big
deals to be done. And apparently the phone call went well.
But of course it is a bit of a race
against time as these taxes are due in shortly. But
the government here as well making it clear that actually
they are willing and ready to reciprocate with trade taxes
(01:30:23):
if necessary, but that is something that I think they're
desperate to avoid because of course, if there is less
growth in this economy, it'll mean that the current forecasting
for how the economy is going to go will be
way off, and that means that it's going to wipe
out that headroom for the finance minister when it came
to her plans for taxing the economy and send a
(01:30:46):
spending and saving money.
Speaker 2 (01:30:49):
The Marine lapin right right when candidate in France, she's
going to have a bit of a moment shortly before
the courts.
Speaker 8 (01:30:57):
Yeah, this is really crucially important for her future as
a politician, but also I think for the politics of France.
So she is due in court in just a couple
of hours time now for a verdict on a trial
targeting her National Rally party and also targeting her Now
she stands accused of using European Union parliamentary money in
(01:31:20):
order to pay party salaries Ryan and of course that
is not allowed. Those are the accusations which she denies.
Now the prosecutors are suggesting not just a fine fairly
hefty more than half a million New Zealand dollars, but
also a prison term and get this and an ineligibility
from running for public office for five years. In other words,
(01:31:42):
she would have to go and be dropped from the
twenty twenty seven presidential race. Now currently she is sitting
very very firmly at the top of the opinion polls
in some of these things, certainly first or second place.
And so consequently, if she is banned from basically standing
for public office for five years, that would completely scupper that.
(01:32:05):
And indeed there are senior figures also within her party
also on trial at this affair, So that would really
leave her a thorough handicap to trying to run in
twenty seven, and something that would be difficult to overturn
in time for her fourth presidential race and the one
offering the greatest chance of victory for her.
Speaker 2 (01:32:26):
Yeah, interesting stuff, now not as interesting as this. This
Polish election story, the president's elections story quite a good one.
What's happened so.
Speaker 8 (01:32:36):
Yeah, a Polish presidential election now in a couple of months.
One of the main candidates at the moment. The second
set of favorite is a guy called Carol Narok, and
he has been widely ridiculed after it's now emerged that
he went on television disguised to praise a book. What
(01:32:56):
we didn't know at the time was the book he
was praising was one he had written. He wrote this
book that is about basically mafia and gangland related crime.
It's fiction, obviously, that he had gone on wearing dark
glasses and a big coat and seemed to be slightly
out of focus, creating a pseudonym for himself and saying
(01:33:19):
what a great book this was, how it really inspired
this historian that he claimed to be, and also a
social media post saying that he had met the author,
saying how good it was to meet him, and that
the author thanked him for this interesting book. All very
very bizarre. It has created a storm of mockery on
Polish social media, although it has to be said that
(01:33:40):
Carol Naraki himself is not that bothered about it. He
said literary pseudonyms are nothing new in Polish academia and
then praised himself again. There was only one historian in
Poland who had the courage to study organized crime, and
I was that historian, he says, So he's kind of
doubling down on this. But yeah, plenty of Polish people
(01:34:00):
finding this very amusing and wondering if he's going to
stand this his real self or as his disguise self.
Speaker 2 (01:34:07):
To Bob each way to go with both, I'd say, Gavin,
thank you for that. Kevin Gray, our UK correspondent, is
eleven minutes away from seven News Talks EBB.
Speaker 1 (01:34:17):
It's the heather to for see Alan Drive Full Show
podcast on iHeartRadio powered by News Talks EBB.
Speaker 2 (01:34:24):
News Talks eb nine minutes away from seven. Great to
have your company tonight. So the world's sort of on edge.
We're all waiting for Trump, aren't we. We're all waiting
for Donald Trump to come out and say this is
the rate of the reciprocal tariff. These are the countries
that will apply to or is it all of us
or is it specific industries? Are there carve outs anyway
(01:34:44):
we're supposed to. Everyone is saying April the second, which
is in what a couple of days time, on Wednesday,
so we would find out Thursday, but we're not actually
sure that that's what will happen on that day. That's
just the day that he's getting all the information or
the report on what he could potentially do, So we
don't know for sure that it's going to be announced
on that day. So that's the first problem. The second
(01:35:06):
problem is what's happening with the markets today. The ensed
exits down, the Australian, the aux is down one point
five to four percent, Japan they're down four percent, South
Korea down to nearly three percent. There. CNN's running the
headline that Asia Pacific shares are tumbling. I don't know
(01:35:27):
that we'd go that far, but were certainly in the
case of Japan when they opened. But they're all worried
about the same thing. They're worried about Donald Trump and
what's he going to do. And no one will ever
guess what Donald Trump's going to do. That's the beauty
or the magic of him, isn't it. You're never quite
sure what you're going to get and is it all
just threats or is it real? Is it perceived? You
(01:35:48):
know what I mean? So anyway, people are freaking out
on the markets, but not to a massive extent, not
something you need to write home about just yet. I
wouldn't think. Over the weekend, I had the pleasure of
going to Symphony, which was quite an amazing experience actually
at the Auckland Domain, and I haven't been to a
gig for a long time. We learnt on Friday. It's
the largest one day festival in New Zealand now with
(01:36:11):
forty thousand people going. I thought it was a success.
I thought it was an excellent event. Got there easily,
left easily. There was a bus actually that just took
us straight away from the venue, so you didn't have
to worry about getting an uber and how you were
going to get home. Took us straight into the city
and dropped you off. It smelt like vomit, but that
didn't worry me at the time anyway. Fantastic event, So
(01:36:32):
congratulations through everyone who put that on and to those
who went as you were it. Did you enjoy yourself?
Speaker 5 (01:36:37):
Well, yeah, I was gonna say, I didn't realize there
was just a free bus dropping you into the city. Well,
clearly I went the wrong way when I walked, and
I walked all the way to the city center.
Speaker 2 (01:36:45):
Like a mug. No it was, I mean, I don't
know if it was put on the specially. Yeah.
Speaker 5 (01:36:49):
Again, I was going to say, then, did they wave
you out of the crowd and go yeah, No?
Speaker 2 (01:36:53):
No it was no.
Speaker 5 (01:36:54):
Yeah, it was a very good.
Speaker 2 (01:36:54):
Event, a great event.
Speaker 5 (01:36:55):
Daru did this really cool thing where he got the
crowd to chant and then recorded the sound and then
mixed it into a new song like live on stage there,
which I thought was quite impressive.
Speaker 2 (01:37:05):
Very I didn't notice that.
Speaker 5 (01:37:06):
Yeah, yeah, but Auckland Philharmonia as well. I can see why. Yeah,
it's they put on a They put on a hicck
of a show with that one. I enjoyed the orchestra
part a lot more than I thought I would.
Speaker 2 (01:37:14):
Yeah, the orchestra part was my favorite bit actually, And
apparently it's quite as it's going to be. I mean,
I think they're doing some stuff overseas already, but going
to be quite a big thing around the world. It's
something you can package up and sell and tour and
take with you, so quite a potentially quite a big
earner for them as well. So anyway, a great event
had by all quite different scenes. I mentioned to Cooper
(01:37:35):
Dooper and Wellington where it's one. Tamitha Pool performed an
antie police DJ set apparently what are we going out
to tonight?
Speaker 5 (01:37:44):
Ants well actually probably kind of similar to Killing in
the Name really but maybe a little bit more watered down.
Lincoln Park has put some new music out. This of
course is with the new vocalist Emily Armstrong and Mike
Schnader obviously keeping his vocal role as well. This song
is called Up from the Bottom and apparently they wrote
and recorded in between when they were going on their
zero World tour.
Speaker 2 (01:38:06):
Excellent. Enjoy everybody, see your mind, open your minds there
when nothing is the same.
Speaker 9 (01:38:12):
Kind of train as I realized that no one.
Speaker 2 (01:38:14):
Not blame you keep me.
Speaker 13 (01:38:27):
Now bids like a nine posting suck.
Speaker 18 (01:38:51):
Brises. Listen, we can number kind of name.
Speaker 2 (01:38:57):
Open your eyes and nothing's gonna change. You change sucking
lit a kind of trains. I haven't realize that there's
no one nothing, Bunny, you keep me everybody out That
(01:39:28):
devil is coming coursing all his lifting.
Speaker 18 (01:39:30):
His words mean nothing is cool like a mountain top.
Speaker 1 (01:39:33):
Father never loved him, Mama sick's bad enough time that
is stuck and everybody out that.
Speaker 18 (01:39:37):
Devil is coming.
Speaker 2 (01:39:38):
Promise you the world Buddy's.
Speaker 18 (01:39:40):
Always puff him before.
Speaker 2 (01:39:41):
You needn't know where's trapped.
Speaker 18 (01:39:42):
You're stuck in. He's gone like a coast, already up running.
Speaker 23 (01:40:03):
Wait down here, so far below, steering up.
Speaker 2 (01:40:08):
From the bottom.
Speaker 3 (01:40:10):
Up from the bottom.
Speaker 1 (01:40:11):
Size For more from Hither Duplessy Allen Drive, listen live
(01:40:34):
to news talks. It'd be from four pm weekdays, or
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