Full Show Podcast: 08 July 2025

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:02):
Digging through the spin spence to find the real story.
Or it's Ryan Bridge on Hither duper Ce Ellen Drive
with One New Zealand let's get connected and news talks.

Speaker 2 (00:13):
He'd be good afternoon on the show This evening, Chippy
goes NATO on the government's COVID inquiry, says it's platforming
conspiracy theorists. The government responds. Elliot Smith, the voice of
Rugby on the AB's Captain out for France, Marco Rubio's
former chiefest staffers on the program talking about Nettanya, who's
meeting with Trump at the White House? Is One News

(00:34):
fair and balanced? A question for you this afternoon. Plus
we'll do an OCR preview. The Aussies are about to
cut theirs any minute. We'll keep you up to date
with that. And Paul Bloxham from HSBC after six All
ahead here on.

Speaker 3 (00:47):
Drive, Bryan Bridge.

Speaker 2 (00:49):
If we can't get a world class stadium facility built
in this country, paid for completely by millionaires and billionaires,
then we need our heads read A bit pissed off
about this Auckland arena situation. I'm not sure at this
point I'm pissed off at yet. Once I figure that out, though,
look out, there'll be hell to pay. It's not every

(01:11):
day that a bunch of rich people turn up on
your doorstep offering to fund three hundred million dollar gold
plated sporting facility and seated arena in your largest city
at no cost to currently broke rate and taxpayers. It's
much needed. Everybody knows that we're sporting mad country. We
need it for the health, the fitness, everything. We had
a few proposals in alongside this expensive butt funded one.

(01:35):
Council was doing its thing, you know, asking for feedback,
then feedback on feedback, and consulting up the wazu. You
know what they do, just council being counsel. Then today,
before council has even made a decision, the gift horse
pulls the proposal. They're withdrawing their plans and funding, and

(01:55):
we're left with a chunk of central city land and
no money. I have no insider information here. I'm going
based purely off what they have put out in their
press release. And they say this despite our deep commitment
and experience, the process of delivering a project on public

(02:18):
land in Auckland has presented unique challenges, with the extended
timelines and complexities we have regretfully withdrawn our proposal. These
guys have done big projects before. It's Bill Foley for goodness, SAX.
You know they've delivered big stadiums before. They've delivered BMO
Stadium in Los Angeles. But here in Auckland. Not too

(02:38):
hard now. To me, that sounds a little bit like
council plus you know, public land plus consultation plus ebe
consultation plus consultation up the wazoo. Too hard, basket, That's
what it sounds like to me. But I'm just reading
between the lines. Now. There is a chance these guys

(02:59):
got a better offer, or ran the numbers again and
the numbers no longer worked, or something else, in which
case shame on them for not being upfront about it
but taking it face value. In the case of the
now failed Auckland Arena, the shame appears to be on us.
Shonten afterfore, you're on news talk ZIRB Now. Consultation by

(03:22):
Auckland Council took place fourteen thousand submissions rich listers. Twenty
percent supported their idea, thirty three percent apparently supported exploring
new ideas, and behind that at thirty percent was the
development of a concert Bowl and Brent eccles as co
founder of Ecles Entertainment and the Concert Bowl option champion.

(03:43):
He's on the show. Hey Brent, Hello, good, what are
your reckon's going on here?

Speaker 4 (03:49):
Well, council did recommend, sorry that the stadium people did
recommend to council that they go with the AFC proposal.
So something's gone on there. I don't know what it is,
but I'm thrilled. I mean I didn't want it anyway.
I want to keep Western springs of the concert venue.

Speaker 2 (04:09):
So you'd be absolutely delighted with this then, Although it
doesn't mean that your home and host, does it, I
mean there's still a long way to go.

Speaker 4 (04:17):
No, it doesn't mean the home and hos. It does
mean we have a festival site and at a usable
site for the foreseeable future. And soccer can play anywhere.
There's plenty of plenty of stadiums that can host soccer.
In fact, go to media amounts, that's where they belong.
I don't know.

Speaker 2 (04:34):
So what happens now.

Speaker 4 (04:38):
Well, I believe that we're kind of in the box
seat now. There were only two expressions of interests that
were accepted from there and from us to build a
proper concert bowl like a sound stage there in the stadium.
So I think it's up to us now to get
our skates on and we're ready to go.

Speaker 2 (05:00):
Luck bring do you how much how much does your
package your your bowl cost taxpayers and ratepayers? Do you
have an idea?

Speaker 4 (05:11):
Uh? Well, I'm not going to give you that figure,
but we'll be private, private, private that would do it.

Speaker 2 (05:17):
Private money would do it. Yes, So we could get
a bowl for nothing.

Speaker 4 (05:25):
Yes, that's right, won't cost the taxpayers anything. But in
in doing that, don't forgire about the Posti Rugby Club.
And there's the in in our proposal. There is money
there for the Pontsly Rob Clil to build a new
a new stand and new and new changing rooms on
the other side of the bowl, which is which I

(05:47):
believe has been approved.

Speaker 2 (05:48):
Right, and that would be funded by who taxpayer?

Speaker 4 (05:52):
Bet player?

Speaker 2 (05:54):
Welcome there, thanking all right, someone's got to pay her.

Speaker 4 (05:59):
Yeah, were you either pay with many or will you
pay with you know, with your psyche? You know, and
I think it's really good for you. Count not everything.
It's dollar and you know, there's part of psychology and
part of its having something good for your Uchiners to
do it. I think it's a real good thing for
them to do, a good thing to have.

Speaker 2 (06:15):
Brent appreciate your time this afternoon. Thank you, Brent Eccles,
co co founder of Eccles Entertainment and rival Western Springs
Stadium bidder, who's declared himself now in the box seat.
There you go, thirteen after four. We'd love to know
what's going well, what do you think is really going
on here? Do you think that the billionaire has got
a bit scared off by the speedway people? Because the

(06:37):
speedway people perfectly lovely when you go to the speedway,
but then geez, get them on the text machine, get
them on the emails. You're scared for your life, you know,
are they going to come around the corner one day
and take me off my feet? What is going on here?

Speaker 3 (06:52):
Nine?

Speaker 2 (06:52):
Nine two the numbers? Text it's thirteen after four. You're
on News Talks. There'd be the voice of Rugby on
the show. Next few changes for the abs And why
aren't the French staying in Hamilton? What's wrong with Hamilton?

Speaker 1 (07:04):
It's the Heather du bissy allan Drive full show podcast
on iHeartRadio powered by News Talks.

Speaker 2 (07:10):
EBB News TALKSBB it is sixteen minutes after four very
quick update for you on the Red Sea because this
is a very important trade route for US. A lot
of our goods that we want to get to Europe
go through the Red Sea. And again in the last
twenty four hours, the Hooties are back at it. So
Iran's been given a good wallop, but the Hooties are
still on the fly, flying drones into cargo ships. Two

(07:34):
crew have been wounded, two crew missing. This is off
a Greek registered ship container ships. This is US has
got to cease fire with the Hooties, you'll remember that,
but that does not include Israel. So what's happening here
basically is Iran's doing nothing. The Hooties are doing Iran's
bidding on the Red Sea. America is pulled out of
it all, and Israel is going around the USC's fire

(07:56):
with Yemen to get to these guys who are bombing
the hell out of our cargo ships trying to get
our goods to market. And now we have a six
member defense force team in the region trying to stop
exactly this from happening, and clearly they're not. This will
increase the cost of shipping. It will lead to shortages.
It could lead in the very worst of situations, to
inflation or at least things being re routed. So something

(08:19):
to keep your eye on. Just gone seventeen minutes after
four Ryan and Nathan Limb is here for Sport. Good afternoon, afternoon, Ryan,
Good to have you here. Now, what's going on with
our captain?

Speaker 5 (08:28):
Yeah, well he's out of the Test series, Ryan, That's
what's going on. He's picked up a calf injury fifty
He went off in the fifty seventh minute of the
opening win in Dunedin and he will not feature again
for the All Blacks against France. It remains to be
seen what the timeline is on this injury recovery. Obviously,
the Rugby Championship starts next month after the French series,
so there's a question mark there in terms of how

(08:50):
the All Blacks handle this. They named three locks in
the starting lineup for Test one, with tubau Vai at
blindside flankers so they could shift him into the second
row alongside far Beyond Holland and brings some a Pennifenow
into the six jumper. Another option is Patrick Twepelotto, who
wasn't named in the Game one. He was sort of
under an injury cloud was dealing with a couple of
issues in the back end of the Blues Super Rugby season.

(09:12):
So if he has recovered and he is fully fit,
he could slot straight into the second row for the
All Blacks and Test two on Saturday in Wellington. There's
no word from the All Blacks coaches. He yet to
decide as to whether they bring in a replacement for
Scott Barrett into the Test squad, so we'll wait and
see if someone gets the call up. And Koy was
training with the side. Ardie Savier was skipper for the

(09:33):
remainder of the series.

Speaker 2 (09:34):
So no panic stations. We've got depth, we've got cover,
we can get through. It interesting that they saw the
French aren't going to be staying in Hamilton, so they
do Wellington obviously, but then they fly to Auckland not
going to stay in Hamilton ahead of that test.

Speaker 5 (09:45):
Is it a bit of an insult to the people
of Hamilton.

Speaker 2 (09:47):
Do you think it is? I think it is as well.
They said it's all about the facilities and not having
enough training gear and all that kind of stuff. But anyway,
people of Hamilton can weigh in on that. Now, this
is an interesting one about netball and head and neck injuries.

Speaker 5 (10:00):
Yeah, so Silver Ferns defender Paris Mason suffered a neck
injury in the Pulse victory over the Stars over the weekend.
She was down on the court for a while and
she was wheeled off the court and she was actually
hospitalized as a precaution. Now, apparently scans are promising in
terms of her recovery, but there was a release yesterday.
It didn't really tell us anything in terms of when

(10:20):
she will be back, whether she will be okay for
finals should the Pulse qualify, And there's a Silver Ferns
test coming up a bit later, so there's a question
mark over her. But also in terms of how head
and neck contact is officiated in netball, so will Netball.
At the start of this year brought in new rules
which applied to the A and Z and SECN that
any sort of head and neck contact would result in

(10:43):
a sinbinning where a player is sent off for two minutes. Now,
we saw her Pulse teammate Whitney Soonest suffer a head
knock when colliding with a Steel player. A couple of
weeks ago, and that did result in a sin binning.
But Soon has definitely hit her head while colliding with
another player. So the things that come into it is
whether it's malicious. I don't believe anyone is out there
on the network court trying to hurt anyone. But you

(11:04):
cannot say that netball is a non contact sport. It's
called a non contact sport, but it's not. There's so
much contact going on. So it's just whether the contact
around this area is being officiated consistently with these new rules.

Speaker 2 (11:18):
It sounds very hard to police. How do you tell
us someone if there's a collision that happens, how do
you tell us someone, Well, it's.

Speaker 5 (11:23):
The same thing in rugby, it's the same thing in
loads of sports. I suppose it's the responsibility of the
defender to not put the person in possession of the
ball in a dangerous position. And it is a case
by case basis where empires will have to look at it.
It was just a really unfortunate fall I think in
the case of Paris Mason.

Speaker 2 (11:40):
Interesting stuff. Thanks so much, Nathan lynb nice to Heavy
on the program. Twenty one minutes after four y're on
News Talk to your b Jeez, You've got lots of
text coming my way and I will get to them shortly. Also,
we're going to talk to out of Parliament. We'll be
talking to our political editor just before five for the
lads what's happening there. And then of course we will
get response from the government to chippies, sort of sounding

(12:02):
off on the COVID inquiry. After five o'clock, NEWSTALKSB.

Speaker 3 (12:07):
Getting the facts, discarding the fluff.

Speaker 1 (12:09):
It's Ryan Bridge on Hither Duplice Allen Drive with one
New Zealand let's get connected News TALKSB.

Speaker 2 (12:17):
Good afternoon, twenty four minutes after four, great to have
your company. We're talking about the stadium that will never be.
This is the Auckland Arena.

Speaker 3 (12:24):
Ryan.

Speaker 2 (12:25):
This is rubbish. This is from Glenn. Glenn, thanks for
your text. Ryan. This is rubbish. I'm an architect. I've
worked on projects on public land before. Yep. It's challenging,
but certainly not impossible. This reeks this decision of the
rich listens to pull out of Auckland Arena and building it.
This reeks of a poorly considered concept by a bunch
of celebrities and they are either backpedaling fast and blaming

(12:48):
others to deflect, or they think by withdrawing there will
be an outcry and everyone will beg them to come back.
So a cynical power broker tactic. By the way, the
concept they shared is really very poor. What what an
ugly box?

Speaker 6 (13:01):
Ye?

Speaker 2 (13:01):
But it's sort of It's a hidden box, isn't it.
If you know Western Springs, I mean you could hide
it could be the shape of an ahole. No one
would see it, you know, that's the beauty of Western Springs.
He goes on and on and on. Boy does he
go on, Glenn, thank you for that, Ryan, Why couldn't they?
I'm with you, absolutely flabbergasted that this has come to

(13:24):
an end and been scuffered. I imagine the consortium got sick,
says Vicky, got sick of the buggering about how sad.
I think that's what it's probably come down to as well.
Public land. You know, there's consultation up the wazoo, Ryan.
Bureaucratics is and bureaucratic procrastination, like with the delays and

(13:45):
domestic building projects. You lose interest and you lose heart,
and you forget about it and you move on. Ryan,
your friend Ali Williams has now withdrawn their offer to
the Council to develop Western Springs at no cost or
a coincidence, they suck it up to the Council into
the private helico license to offerate. I knew someone was
going to say that. I knew someone was going to
say that. To be honest, all of those people that

(14:09):
went against the helicopter thing just did it because they
are raging socialists living around Westmea and living around Point
Chev and Ponsonby, and they didn't like the idea of
some billionaire having a helicopter, so off they went and
wrote their submissions, and it was the submissions weren't even
on point about the ecological impact of a helicopter. The
submissions were basically, we don't like rich people. And the

(14:32):
irony of all of that is they are themselves very
rich people by virtue of their post code. Anyway, there'll
be no love lost, I don't think in Westmere and
Point Chev for the stadium not getting the go ahead.
You're on news talks. Theb government's going to loosen the

(14:52):
rules for selling homes to trust. We'll look at that
after six o'clock. Also this afternoon, we'll go to our
Australia correspondent the latest on the mushroom lady and her verdict.
News Talk ZIBB.

Speaker 7 (15:21):
Game a new person on over.

Speaker 1 (15:26):
Again putting the challenging questions to the people at the
heart of the story. It's Ryan Bridge on hither dupericy
Ellen Drive with one New Zealand let's get connected News
Talks B.

Speaker 2 (15:46):
It's good, good afternoon. It is twenty five minutes away
from five News Talk Shibby. The Reserve Bank of Australia
has just cut the official cash right there. Sorry, I
decided to hold steady at three point eighty five before
you get to it. Sided mortgage holders across the Tessman
they're holding STUDI at three point eight five. We'll get
to our Australia correspondent on that in just a second.

Speaker 3 (16:08):
It's the World Wires on News Talks. They'd be Drive.

Speaker 2 (16:11):
Trump and Nettnya, who have had their big meeting at
the White House. Both still keen on moving Palestinians from
Gaza to other Arab countries.

Speaker 8 (16:19):
So we're working with the United States very closely about
finding countries that will seek to realize what they always
say that they wanted to give the Palpestinians a better future.

Speaker 9 (16:31):
And we've had great cooperation from surrounding meaning surrounding Israel,
surrounding countries.

Speaker 3 (16:37):
Something good will happen.

Speaker 2 (16:38):
Will it be that easy? This Middle East experts.

Speaker 10 (16:41):
Is no children and Egypt to have stated categorically and
they will not take any Plassenians from Kaza.

Speaker 2 (16:50):
Across the Tasman. Robert Irwin has apologized for doing a
din and dash at a restaurant in New South Wales.
Says he got to pay because he was so popular
and mobbed by his van to all wanted selfies.

Speaker 11 (17:01):
I made sure I said hight absolutely, everyone cheers, thanks
so much.

Speaker 2 (17:04):
I have a good night.

Speaker 12 (17:04):
I see you later.

Speaker 11 (17:05):
And then the next morning I wake up and realize
I never paid for my salad.

Speaker 2 (17:11):
Oh no, So what does he do? He goes back,
apologizes pace for the salad and given the restaurant some
free advertising on his Instagram.

Speaker 11 (17:21):
There are eight million of you guys on here, so
you know what to do. I have tagged them go
and support the Jetty pavilion in Coffs Harbor. I am
going to be coming back up through Coffs Harbor and
I am going to be giving you in person the
money for that salad, because today is not the day
I start my.

Speaker 13 (17:39):
Life of crime.

Speaker 1 (17:40):
International Correspondence with Ends and Eye Insurance, Peace of Mind
for New Zealand business.

Speaker 2 (17:46):
He's just lovely, isn't he? Twenty three away from five
now Charles Crutcher, Channel nine, Chief Political Editor with US. Charles,
Welcome to the show.

Speaker 14 (17:53):
We originally a country of criminals for the brute, so
maybe we were still continuing that Pradesh.

Speaker 2 (17:58):
This is true. You cannot shake it. Allegations that speaking
of Aaron Pattison tampered with prison food.

Speaker 14 (18:05):
Yeah, this has gone from one of the people that
were in the maximum security prison that Aaron Pattison is in.
They have accused her of tampering effectively with the food
inside prison and making her sick during the wait for
her trial, which ended yesterday. Is another wrinkling. I think
there will be more to come on this as we

(18:26):
wait and see some of the details from inside the
courtroom eventually get released. It was heavily suppressed this case
because of how much injurious not just here in oz
or Wi you are across the ditch, but right around
the world. So because of that and because they need
to try and find a jury in a small town,
which is always difficult in the first place. A lot
of the information has been suppressed. We wait to see

(18:48):
when those suppressions.

Speaker 3 (18:49):
Will be lifted.

Speaker 14 (18:50):
It's going to be a fascinating few weeks, even though
we know the verdict of that case, with an appeal expected.

Speaker 2 (18:56):
Yeah. Absolutely, Now your RBA has just held great steady
what's the word there?

Speaker 14 (19:01):
Yeah, really surprising results. A lot of the banks had
already facted down another quarter of percentage point rate cut
last time the Reserve Bank met, the governor had said
they considered the double cut back then, and since then
the economic numbers have gotten sort of more conservative or
more concerning, depending on we are. The inflation rates down

(19:22):
at two point four percent. There's another inflation rate number
coming out not too long away, and that before the
next time the Reserve Bank meets, that's on the twelfth
of August, and that seems almost a certainty now to
be a rate cut. But we wait and see what
the governor has said and what factors are keeping and
playing on the mind at a Reserve bank. Probably that
the new announcement regarding tariffs will be one of those things,

(19:46):
and also just some of steady jobs figures, but really
surprising that at three point eight five percent that's where
they'll stay.

Speaker 2 (19:53):
Yeah, I think a lot of them are getting g
justory about Trump and what's happening, and you know, are
you better to just hold for a five or a
sick before we keep climbing down the ladder? Albot conferming
a visit to China.

Speaker 14 (20:05):
Yeah, you'll go on this weekend, go for six days
over their three stop trip largely expected. But what this
does is meant that he will visit a China, will
meet with the President g before he meets with President Trump.
Now some of that is because of what happened at
the G seven with Donald Trump leaving early, but that
is causing some consternation here because of the tariff discussion

(20:26):
that's going on. Also the orcast submarine deals up for
review from the White House, so getting in the room
with Donald Trump is probably a benefit to that. Now,
people inside the government here think that things are pretty
good between Australia and the US, and given there's so
much more going on in the world. What this will
do though is once again just raise the prospect of
where we sit as you struggle with the same problem

(20:47):
when it comes to a defense agreement with the US,
but a real finance and trade agrement with China, and
once again Australia and in so many ways New Zealand
ac court in the middle of that, not just the
usual stops at Shanghai and Beijing, but also heading to
a third city to talk pandas because Australia expecting a
new pair of pandas to be sent down Under and

(21:09):
might get our first look at them.

Speaker 2 (21:10):
Brilliant Charles, Thanks so much for that, Charles S. Croucher,
Channel nine Chief Political Editor.

Speaker 3 (21:14):
Time now is twenty five Brian Bridge.

Speaker 2 (21:17):
And you're on News Talk ZB. There's a new listing out.
You know, people love a list. Who's won, who's lost.
This is the top world's top ten greenest airlines, which
to me is a complete oxymoron. I mean, how can
you be a green airline anyway? I suppose some are
greener than others. But Jetstar has made it onto the
top ten list. So number one, you got Hungary's whiz Air,

(21:39):
which I've been on before, a tiny plane, very uncomfortable.
They are number one, emitting fifty three point nine grams
of CO two per available seat kilometer.

Speaker 3 (21:51):
Great.

Speaker 2 (21:51):
That means nothing to me. Hopefully it will mean something
to you. Jet Star ranked sixth and was the only
airline in Oceania to make up the top to make
into the top twenty. Now the analysts say, because the
analysts always have something to say, they say that this
particular ranking, the carriers dominating the lowest emissions intense intensity

(22:13):
rankings operated younger fleets, so the planes aren't as old,
and they used high density cabin configurations. In other words,
you are cramming like sardines to get every you know,
get every squeeze of juice out of that thing. For
long haul flights, this was actually quite interesting. The most
improved operator was Latam Airlines Lima to Mexico City emissions

(22:36):
down twenty seven percent for them. British Airways he throwed
to Philadelphia down twenty one percent. So this is great
your longer haul flights. Yeah, emissions are coming down, that's
what you want. But overall, because more of us are flying,
overall emissions are still going up. Honestly, though, when you
get on that plane, you've worked your week, you've finished

(22:57):
your week at work, you're tired, you're ready for a holiday.
You want to go and relax. Are you sitting there
and going I wonder if this is Carmen friendly. No,
you're not. You're asking for your next cocktail or champagne.
Eighteen away from five News Talks HEDB.

Speaker 1 (23:11):
Politics with Centrics Credit, check your customers and get payments.

Speaker 2 (23:15):
Certainty you're on News Talks Hebb. It's just gone quarter
to five. So on an interview with The Herald Now
with Me this morning, Chris Hapkins came out and said, basically,
the COVID inquiry is platforming conspiracy theorists and he's not
sure whether he'll attend, even though they have asked or
show an interest in him attending and at least answering
some questions. Thomas Coglan is The Herald's political editor. He's
with me now, Hi, Thomas, Okay, Ryan, what did you

(23:37):
make of Chippee's approach.

Speaker 15 (23:40):
Yeah, it's certainly quite combative. I mean, I think he
has a point about the fact that the terms of
reference beginning in twenty twenty one, which would exclude twenty twenty,
the year that New Zealand First is part of the government.
I think he's got a point about that, like the
Royal Commission should take into consideration allions made during the

(24:01):
COVID period. But in terms of platforming those around those
people who have conspiracy theorist views, I mean, the government
made incredibly intrusive decisions into the lives of a lot
of people. Now, many of those people would have views
about things like vaccination that a lot of people would

(24:22):
regard as being conspiracy theories, like, you know, vaccination is effective,
it works, you know, that is just affective life. People
who don't believe in that, I would argue that is
a conspiracy theory. But it's also true that those people
have every you know, the same rights that you and
I have, the same rights as all people have, and
the government made decisions that intruded upon those rights. And

(24:44):
I think a government has to and people part of
that government do have an obligation to stand up and
justify those decisions. And I think you know, you can ask.
I'm sure Crissipkins probably will eventually he can. There is
a justification for them. Whether or not those that justifications accepted, well,
you know, that's something that'll be decided in the future.

(25:05):
But certainly I think you have an obligation as a
decision maker in that time to answer those questions.

Speaker 2 (25:11):
Yeah, and do you not run the risk of I mean,
this was Labour's problem last time, right, they ostracized people,
they othered them, They lost Auckland because they did this.
They didn't understand the depth of feeling here. Does he
run the risk of reigniting those old wounds? I mean, yes,
I do.

Speaker 15 (25:31):
I mean, particularly in Auckland, where I think and I
have a knowledge that they lost you know, they really
lost Auckland and they have an Auckland problem. And he's
spending a lot of time up there. Barbara Edmonds is
also spending a lot of time up there, and you
do I think you do. There does need to be eventually,
this sort of issue needs to be put to bed.

(25:51):
And maybe part of it is the fact as sort
of answering to some of those concerns saying your peace
and the people, you know, the people who he's anxious
about being platformed, they might want to have their piece
as well.

Speaker 2 (26:06):
Yeah, hey, first three Waters entity.

Speaker 15 (26:10):
Yeah, Selwyn, So this is this is the first three
waters entity under the new three waters system. The last
government had there three waters entities legislated and then they
were disbanded. So this is the sort of the new
voluntary system that the Coalition has has has set up.
So Selwyn's the first council in the country's launch its

(26:31):
new water services entity, Selwyn Water Wellington Wellington, which I mean,
let's face it, Wellington's on the naughty list as far
as water water services is concerned. Wellington's Metro water is
also is also getting started as well. And that's a
that's a covers covers a large number of councils in
a large number of councils in the Wellington region. So

(26:51):
so I have to say, as a Wellingtonian, I'm very
interested to see whether they managed to fix the pipes.

Speaker 2 (26:57):
Yeah, I'd be nice, wouldn't it. Hey, what about rate capping?
This has been in the news today. Is this anything
we actually need to pay attention to the Government's not
actually doing it yet.

Speaker 16 (27:04):
Are they.

Speaker 15 (27:05):
They are looking at it, and they've said that they will,
that they are continuing to work on it. Chris Pipkins
was saying this morning that he thinks it's not a
great idea, disagrees with it, and basically said that the
reason the government's looking at rate capping as rates are
going up because the government axed the three Waters reforms

(27:26):
that labor was putting into force. I think the current
government is keen to look at rate capping because once
water services are lifted off council balance sheets, then there
is a risk that councils may use that headroom to
rate to put up rates and continue to put up
rates and spend the money on things that that perhaps
wouldn't be counted as core services.

Speaker 2 (27:49):
Yeah, yeah, yeah, good point, Thomas, Thank you very much
for that. Good to have you on the show. As always,
Thomas Coglan, the New Zealand Herald political editor. Time is
ten to five. Just a little quick for you. This
is from this morning on HEROLD Now with myself and
Chris Hipkins.

Speaker 10 (28:04):
I think the terms of reference have been deliberately constructed
to achieve a particular outcome, particularly around are providing a
platform for those who have conspiracy theorists views that seems
to have been specifically written into the terms of reference
that they get maximum na.

Speaker 17 (28:20):
Do you know why, because telling people they have conspiracy
theorist views doesn't stop them having conspiracy theorist views, and
in many cases, as you discovered on the Law of Parliament,
you make them worse.

Speaker 2 (28:31):
So Chris Hipkins clearly coming out with a bit of
an agenda. I think he's completely wrong. I think this
kind of stuff will cost them votes. I'll tell you
why more are at seventeen this evening. I'll tell you
exactly why I think this is going to hurt him.
And it's not because of some conspiracy theorists. Because like
it or not, there are people out there who are

(28:52):
not conspiracy theorists, but who don't like the way that
the conspiracy theorists were treated by the previous guy government.
A lot of those people reside in Auckland because they
were stuck inside month on month on month and lockdown,
a lockdown the Wellington MPs didn't experience. Brook Van Valden

(29:15):
responds to this two after five News Talks EVB, putting.

Speaker 1 (29:18):
The time questions to the newspeakers the mic asking breakfast.

Speaker 18 (29:22):
The government has made significant changes to the Flagship Family
Boost program. Kathy Wolf is the chief executive of Early
Childhood New Zealand. This change is going to make a difference.

Speaker 19 (29:30):
So definitely make it to another too.

Speaker 20 (29:32):
More families, not a hell of a lot, though not
a lot.

Speaker 18 (29:34):
You don't think the sixteen thousand families predicted.

Speaker 20 (29:36):
No, I still think there's still too many barriers in
terms of access to theirs rebate.

Speaker 18 (29:41):
This is in terms of the people collecting the invoices
for three months and then filing it after the fact.

Speaker 20 (29:45):
Yeah, and also the fact that many of these families
who really need it still have to pay the fees
up front. So for us, the better way to do
something like this is to really put it in the
hands providers to help families afford the fees.

Speaker 1 (29:56):
Hither duplicy Ellen on the mic asking Breakfast fact Moral
at six am with Bailey's real Estate on News.

Speaker 2 (30:03):
Talks d B. It is six minutes away from five
year on news Talk said B. Coming up after five,
we'll get to Brook van Valden, the minister, COVID minister
on the inquiry. What does she think about Chippy's comments.
We're also going to talk to Shane Currer. I don't
know why I did it with a British accent, but
Shane Curry is from our newsroom and he's going to
talk about TV one TV one six pm news are

(30:23):
they biased or not? We'll put that one to bed.
They've got someone coming in apparently checking like checking what's
in your bag if you've got any Marxist ideology in there.
I don't know how they check this stuff, but we'll
find out. Right now, this is the most important thing
you'll hear today. Primates that's us, including the apeses, include
the monkeys. Two hundred species. Primates, that's us. New research

(30:45):
today has contradicted the commonly held idea that males dominate
females among primates, revealing far more nuanced power dynamics in
the relationships of our close relatives. Usually, of course, the
man eats, the woman cook's, man watches TV, woman cleans.
You know, that's the sort of stereotype I suppose who

(31:05):
dominates when it comes to primates. New study published in
the journal PNAS PNAS the French German journal PNAS, researchers
combed through scientific literature for interactions between male and female
primates that would reveal their hierarchical relationships. These included aggression threats,

(31:26):
signs of dominant or submissive behavior, like when one primate
spontaneously moves out of the way for another, then you
can you can observe that that one is submissive.

Speaker 3 (31:36):
Right.

Speaker 2 (31:37):
So, over five years, the team gathers data from two
hundred and fifty three populations across one hundred and twenty
one primate species. So they've done. They've done the work.
Confrontations between members of the opposite sex were much more
frequent than they had previously thought, so fight a lot more.
Half of them were between men and women of male
and female, which is interesting anyway, Males clearly domin females.

(32:02):
Out of all of these interactions over all of these years,
they won, and only seventeen percent of cases females dominating
they won the argument, and thirteen percent of cases, So
in the vast majority of arguments amongst primates, seventy percent,

(32:23):
either a male or a female could be top of
the pecking order. So when somebody asks you who wears
the pants in your house? I mean, honestly, it could
be anybody, couldn't it. We're no different to the apes.
We're no well, I mean slightly, but we're no different
to the monkeys. So who wears the pants at your house?
New Zealand, that's the question. Three minutes away from five

(32:46):
your own Newstalk, said be Brock van Velden.

Speaker 13 (32:48):
Lived next.

Speaker 1 (33:12):
Questions, answers, facts, analysis, the drive show you trust for
the full picture. Brian Bridge on Heather duplicy allan drive
with one New Zealand let's get connected news talks.

Speaker 2 (33:24):
That'd be good, you think Tuesday the age of July.
Great to have your company just gone seven after five.
Labour's Chris Hipkins making headlines today for saying the COVID inquiry,
which is underway, the terms of reference provide a platform
for conspiracy theorists. He made these comments with me on
our Herald now streaming breakfast show this morning.

Speaker 10 (33:43):
I think the terms of reference have been deliberately constructed
to achieve a particular outcome, particularly around are providing a
platform for those who have conspiracy theorists views.

Speaker 2 (33:54):
He was noncommittal on whether he would appear before the
COVID inquiry. It comes after increasing pressure him and Justsina
are doing to do so. Internal Affairs Minster Brook van
Walden with me, Minister, good evening, Good evening, Ryan, What
did you make of those comments from the leader of
the opposition.

Speaker 6 (34:11):
Oh, look, I think they're really unhelpful, to be honest.
I mean we were hearing a lot of division during
COVID about people feeling like they weren't listened to and
the reason that the terms of reference had been expanded
by the act Party was because we did listen to
people who said that they wanted the inquiry to be
fulsome and to find the truth so that we when

(34:31):
we have another pandemic, we have less division and we
have a better response and instead of having divisive rhetoric
once again up here, we should really be bringing people
together and that's really what the Inquiry and the commissioners
have done, so that we can actually hear the truths
of the argument and we can have better recommendations for

(34:52):
the future. But are they conspiracy theorists when you're bringing
on GPS people who are from hospitality sector, aged concern principles,
And yes there are some people who didn't like vaccine mandates,
but they have a right to their opinion too.

Speaker 2 (35:09):
He says that you guys have manufactured this, that it
doesn't include the period under which there was a coalition
between Labor and New Zealand.

Speaker 21 (35:17):
First, well, no, that's not true. That's not the reason
for it. You know, went out and ask reason Well,
we went out and asked New Zealanders what would you
like to see in a new terms of reference? And
they came back with over thirteen thousand submissions saying lockdowns
were really important. Those extended lockdowns are the vaccine mandate

(35:39):
and efficacy, and also whether or not we've got that
balance right between public health outcomes and overall outcomes.

Speaker 2 (35:45):
Totally society and ATOTOTY understand that. But we had lockdowns
in twenty twenty two. So why did we exclude it
to the period after which New Zealand first had exited
the building.

Speaker 6 (35:56):
Yes, so it had nothing to do with which political
parties were in power. It was to do with the
decisions that were being made and what we saw with
the decisions. Most of those decisions came through in twenty
twenty one. It's from the people who submitted into the
inquiry as to those new terms of reference. So would

(36:17):
it have been relevant to go back and look at
all of it? No, I didn't deem that necessary. I
looked at what were the big pain points, and especially
as the pandemic lingered on and the government kept making
more and more decisions to extend lockdowns and to have
extensions to the vaccine mandate. You program, So you're saying

(36:38):
that the areas.

Speaker 2 (36:40):
Absolutely no pressure was put on you or any minister
or any decision maker in government from anyone within the
New Zealand First Party to narrow the dates of this inquiry.

Speaker 6 (36:55):
That's absolutely right, Ryan. Any suggestion of that fact is
not taking this inquiry seriously. It is incredibly important that
when governments are making decisions in the future when it
comes to the pandemic and how we deal with them,
that we are having a better response than we had
last time round. And we know that, Yes, there were

(37:16):
decisions made at various points in time during the pandemic,
but what became very.

Speaker 1 (37:22):
Clear is key.

Speaker 6 (37:23):
We want to know when decisions were made, when information
was changing and the COVID COVID pandemic was progressing. How
were those decisions being made over time?

Speaker 2 (37:36):
Do you minister? Do you know which former ministers and
prime ministers have been asked to answer questions?

Speaker 6 (37:43):
I don't know that. So my role is really just
to establish the inquiry.

Speaker 2 (37:48):
And to have it. Do you know if someone is
out of the country, if they are asked to appear
and they're in the country, they have to. If they're
out of the country, they don't. Do you know if
there's any repercussions when you come back into New Zealand
or is that to sort of it?

Speaker 6 (38:02):
I don't know that specific answer to that question, Ryan,
But my hope would be that everybody who was asked
to front would do so in the benefits of all
New Zealanders, and I certainly would expect that to happen.

Speaker 2 (38:15):
Appreciate your time, Brot van Valden, whose Internal Affairs Minister
time is twelve after five, Ryan Bridge. So Chump's had
his dinner with Nettan Yahill in the White House. They
had a chinwag about working towards a ceasefire deal with Gaza.
Still haven't quite got one the possibility, of course, of
a two state solution.

Speaker 8 (38:31):
I think Parst Citing should have all the parts to
govern themselves, but none of the posts would threaten us.
And that means the certain powers like overall security will
always remain in our hands. Now that is a fact,
and no one in Israel will agree to anything else
because we don't commit sulsd now.

Speaker 2 (38:53):
Matt Terrell is managing partner of Firehouse Strategies, former chief
of staff to Marco Rubio in the twenty sixteen campaign.
Matts with me on the show. Hi, Matt, it sounds
like Trump's yeah, right, sounds like Trump is optimistic about
a ceasefire.

Speaker 22 (39:09):
Yeah, I think that's right. I mean, look, I think
the President and his team are optimistic about a ceasefire
and for the opportunity really to finalize a piece deal
and to get the piece with respect to the war
between Israel and Hamas. And you know President from campaign
and ending wars, and I think his goal of course
is to end this war and to get the peace.

Speaker 2 (39:32):
And then of course, of what happens after that, I
know that's a few days away, but what happens to
you know, refa after that. You're hearing about people wanting
to rip it up and build a new and all
sorts of different things.

Speaker 22 (39:44):
Yeah, I think we just need to take this one
step at a time, you know. To your point, that's
kind of in the future, and obviously certainly the administration
have to work on next steps here with the Prime
Minister of Israel and other individuals, of course, But in
the micro, it's get into that piece deal, it's getting
to a ceasefire, and part of that is going to
be dynamics as relates to getting hostages home. So there's

(40:09):
multiple things that need to take place here just to
get frankly to a ceasefire, to get to a piece
deal and then from there, to your point, it is
certainly next steps, But I think this administration feels cognant
about the direction of where things are going here. Obviously,
they met with the Prime Minister of Israel this evening
at a dinner they opened up talking to the press
about President Trump did talking to the press at the

(40:32):
beginning of that dinner about what he expects and what
he wants to do here in terms of getting the piece.
But obviously a lot of moving parts here. By think
this administration feels optimistic about betting the piece, then of
course about next steps as well.

Speaker 2 (40:44):
How on the right is Gaza for your average American.

Speaker 22 (40:49):
Well, certainly on the radar. I mean, look, this is
obviously something that you know, Americans have been focused in on,
but obviously there's other conflicts taking place as well. Obviously
Americans want to see, you know, the end of wars.
You know, Americans voted for the majority of Americans obviously
voted for at least President Trump, and one of the
things he campaigned on was ending wars. That includes this

(41:11):
war between Israel and hamas of course the war between
Ukraine and Russia. And so look, the bottom line is
I think President Trump is doing everything he can, at
least in his view, to get these wars to come
to an end. This is something that the majority of
Americans voted on. This was on the ballot, if you will,
in the last presential election. And of course there's other
things taking place right now. We've had the passage of

(41:33):
President Trump's One Big Beautiful Bill. There's a lot go
down to the best at front here of course as well
recently in the United States. But no question, Americans are
focused on foreign policy and they want to see an
end of wars.

Speaker 2 (41:45):
He's no doubt head wins in the last couple of weeks.
Looks like he's feeling like he's had winds too. Is
the public kind of behind him on that?

Speaker 22 (41:55):
Well, I think where the public is, at least with
President Trump just in general, is you know, and foremost,
I think President Trump has a lot of momentum right now.
You know, I think whether it's with a lot of
American supporting what he does relates to the airstrikes in Iran,
or whether it's you know, recently seen some domestic wins
for him as relates to his One Big Beautiful buill

(42:16):
getame passed. You know, he hit a recent you know
win if you will, at the Supreme Court here in
the United States, and then in the end, I think,
you know, him having momentum right now as it goes
into these peace discussions or negotiations if you will, to
end these wars, including Israel and Hamas, the war between
Israel and Hamas. You know, I think he's got momentum
right now with the American people, obvious Americans who disagreed

(42:37):
with what President Trump is doing both foreign policy and
domestic front. But right now, I think he's had a
good stretch here at least over the past couple of
days of big wins, and when you're a president and
you had that kind of momentum that helps you just
on all fronts. And right now you saw what he
did this evening at the dinner. You know, that's one
step forward here. I think this administration of getting this

(42:58):
war to come to an end between Israel and Hamas
obviously a ways to go here. It sounds like by
this administration feels good about where they're at and about
the direction forward here.

Speaker 2 (43:08):
All right, Matt, thanks so much for that. That's Matt Terrell,
who's managing partner of Firehouse Strategies, former chief staff for
Marco Rubio in his twenty sixteen campaign, talking about that
meeting between Netanyahu and Trump at the White House. Time
now seventeen after five Coming up next Shane Curry from
The Herald on is and we get so much feedback
about this on the text machine. Is TV one news

(43:29):
biased or not? News Talk ZB? It is five twenty
TV and zed's launching an independent review to check its
news for balance and bias. It follows Media Minister Paul
Goldsmith signaling his desire to see trust and media statistics
improve for the state broadcasters. Shane Curries, the media insider
at The Herald and with me tonight Hi, Shane evening Ryan.
So are they biased?

Speaker 23 (43:51):
It depends depends on the viewer right. Certainly. The feedback
that TV and Z will get, and all media organizations
generally will get, is that some people will like your story,
some people won't. And that is especially so with political coverage.
And I've noticed it just in the last two or
three years covering TVNS here quite closely. The number of
emails I receive about their political coverage especially is quite telling.

Speaker 2 (44:15):
Are they doing too much editorializing off the back of
their coverage, do you think.

Speaker 23 (44:20):
I think that's a really good point, I think, and
that's what the Independent review will probably look at. A
guy from the XABC in Australia, a guy called Alan Sunderland,
and what's happening is, generally speaking, the coverage of a
particular issue is probably okay. It's then when the reporter
comes in at the end and gives an opinion or
analysis that the viewer might take issue with the feedback,

(44:44):
we get a lot of has just report the news.

Speaker 2 (44:46):
Yes, just to say the facts and then buger off and.

Speaker 23 (44:49):
Both sides or as many sides as possible within reason.
I mean with television you know better than most it's
what a two or three minute story see, there's a
lot to cram in.

Speaker 2 (44:58):
I'm wondering, Shane, whether this is an issue that's actually
not about today but about the last five years.

Speaker 3 (45:04):
You know.

Speaker 2 (45:05):
I think their reporting has changed considerably. The same with
arn Z and the stories you see and here today
are cor actually quite different to the ones you might
have heard during COVID years. Well are they been punished
for perhaps some behaviors back then.

Speaker 23 (45:19):
I think what we saw in COVID was the making
within the sausage factory. Right in terms of those daily
one o'clock press conferences and the journalists and the question lines,
which were happening for many, many years previous and since,
was suddenly in the spotlight themselves, and people took exception
to some of the questions, the way the press conferences
were handled by the Prime Minister at the time, and

(45:41):
there were some other factors as well that led people
to think, you know, this was a bit of a
cozy club. Wrong in a lot of respects, but still
that's the perception that's emerged, and the media has been
fighting it ever since.

Speaker 2 (45:53):
They'll soon be sharing a building. Do you think arn
Z might get a bit of this review treatment too well?

Speaker 23 (45:58):
I think aren Z's got its own issue in terms
of that, and possibly even bigger issues than TV And
said I think that with the TV, and said, I
mean Paul Godsmith, the Medium Minister has asked both of
them to improve their trust levels. They will both argue
that they are near the top of most surveys, but
as public broadcasters, Paul Godsman says, they've got to do
a lot better.

Speaker 2 (46:17):
Shane Carry, appreciate you on the show tonight. Shane Carry
media insider at The Herald. You can read his column. Well,
you do multiple columns per week, really, don't you, Shane.

Speaker 23 (46:24):
You're the busiest man in media right now.

Speaker 2 (46:27):
Mister Bridge, see as Shane Curry twenty three minutes after
five News Talk said, be, I'll share my views because
I can, because this is what I do is quite
different to journalism. I'll make that point, but I'll tell
you what I really think about chipeak next.

Speaker 3 (46:41):
Checking the point of the story.

Speaker 1 (46:43):
It's Ryan Bridge on hither dou Percy Ellen drive with
one New Zealand let's get connected news talks.

Speaker 2 (46:50):
There'd be five twenty five on News Talk said b
what have we learned today? Well, we've learned that Labor
hasn't learned its lesson on COVID. They lost the last
election in large part because they lost all We know this.
It was an absolute blood bath in the urban electorates.
Of the eleven that they lost to National in twenty
twenty three, seven were in Auckland. So blood bath bad?

(47:10):
Why lockdown? Many Aucklanders supported that protest, not the real
heenous parts of it, but supported generally the protest in
Wellington that came after the prolonged lockdown and then they
lose Auckland and then it's mayor culpa and it's the apology,
you know, to a whistlestop tour of Auckland that Chippy's
still doing. The idea is to reclaim Auckland. The idea

(47:34):
is to reclaim trust. The idea was to forgive and embrace.
But he can't. He can't do it. And I think
the reason that he can't do it, and we saw
this this morning on the TV, is that he hates
those protesters, those conspiracy theorists as he calls them. He
hates them as much as Auckland hated them at the
last election. They weren't here during those long lockdowns. They

(47:58):
weren't here as business has suffered, life was turned upside down,
and they pretended for a while that they'd seen the
light and and it was time to turn a corner
and let's get Auckland back. But today is proof that
they can't. Chippy hasn't got it in him, and I
don't blame him. I'd be angry too, But at some point,
if you want to lead a country, to be the

(48:19):
prime minister, you have to have compassion for everyone that
you lead, even if you think those people are wrong, pigheaded,
stupid whatever. I like hipkiins I do, But after seeing
how he really thinks in that interview this morning, I
just don't know if he's the right guy to lead

(48:40):
labor back to the promised land. Bryan Bridge, just to
get back to the Treasury benches, You've got to get
Auckland back on track. Twenty seven after five news talks,
he'd be lots of people texting in. Okay. The difference
between so your one US state owned media company, right.
Their job is to present balanced, fear balanced, unbiased news

(49:02):
at six pm. That's what they do.

Speaker 24 (49:04):
My job.

Speaker 2 (49:04):
I'm a prisoner. I'm not a journalist here. I'm employed
to give my opinion. That is in my contract that
I have to do that. If I didn't do that,
I wouldn't get paid. So they're very different models, which
is why I'm basically sticking the boot in tonight. Twenty
eight minutes after earning tomorrow's lunch, aren't I? Twenty eight after.

Speaker 1 (49:27):
Talking after making the news, the newsmakers talk to Ryan first.
It's Ryan Bridge on hither Duplicylan Drive with One New Zealand.

Speaker 3 (49:38):
Let's get connected news talk. Sai'd be so, Judith, can you.

Speaker 2 (49:46):
Give even twenty four minutes away from six news talks?
They'd be coming up after six. We'll look at the
OCR decision coming out tomorrow. If you've got a mortgage,
stay tuned for that one. We'll also talk to Jamie
McKay from the Country the Huddle coming your way in
just a few moments. Lots of your texts this evening,
Thank you for those, by the way, lots of texts
on primates. This new study art's showing that male and

(50:07):
female primates win arguments in equal measure, so there's no
dominant gender when it comes to primates, which includes us,
includes mon keys, includes apes, all sorts of stuff. Ryan,
I wear the pants in my house, thank you very much,
says Susie, but only after my husband has ironed them
for me. Good for you, Susie. Ryan, our fat freeloading

(50:30):
cat wears the pants. We just pay the bills, open
the tins, and provide the warm beds on demand. Somewhere
along the way we lost all authority. She struts around
like she's the CEO and wear the unpaid staff and
from becks. Ryan, I wear the pants in our house.
A lot of women confidently claiming they wear the pants
in the house. Good on you. I suppose I wear
the pants in our house, and if my husband's lucky,

(50:51):
he gets in him. If my husband's lucky, he gets
into them. Works a treat. Thanks becks too much information,
but thank you. Twenty three minutes away from six brain Bridge,
Associate Justice Minister Nicole McKee has today announced plans to
loosen up the anti money laundering laws when it comes
to family trusts. Mario Thorn is an associate at McVeigh

(51:13):
Fleming and he's part of the Society of Trust and
a State Practitioners. He's with us to break it down. Murrag,
Good evening, thanks for being on the program.

Speaker 25 (51:21):
Good evening, my pleaser, thanks for having me.

Speaker 2 (51:23):
So what exactly is going on here? It's to make
the process of selling to or from a trust a
property easier, is it?

Speaker 4 (51:34):
Yeah?

Speaker 25 (51:34):
I think in a nutshell basically because and I don't
often agree with the phrase using cutting through red tape,
but I actually think that's kind of hitting the nail
on the head in this case. There is a lot
of red tape around due diligence that reporting entities are
required to do in relation to trusts that are buying

(51:57):
or selling residential property. And yeah, quite frankly, the burdens
are quite high. And yeah, it's a simplified process would
be a welcome change.

Speaker 2 (52:09):
Because the worry is that you've got money laundering, potentially
money laundering involved, So you've got people who have got
nothing to do with money laundering having to provide documents,
you know, left, right and center documents as long as
there are. How long does that process take.

Speaker 25 (52:25):
Yeah, obviously it depends on a case by case basis,
but generally it's yeah, the time. It can be quite
time consuming overall, particularly where you're asking questions for information
that is not readily available or doesn't even exist. Because
the act, the a MLC FT Act, has put a

(52:48):
lot of the burden on reporting entities to make a
lot of these inquiries themselves, and everyone takes a very
conservative approach, so they tend to throw throw everything at
the wall to see what sticks. Kind of approach, and
they ask for a lot of information, like you know,
dating back to the inception of the trust that could
be sort of thirty forty years old some of these trusts,

(53:10):
and some of that information has lost the time some
of that information never existed because the trust were just
a simple entity created to own a family's home. And
then you're left with trustees and mums and dad scratching
their head going, how am I supposed to produce these
things when I don't even know if they exist or not?

Speaker 4 (53:30):
Okay, sounds so, yeah, it can take a.

Speaker 25 (53:32):
Bit of time.

Speaker 2 (53:32):
Sounds sensible. So far, How do you what they only
talk about low risk transactions? How do you know whether
something's low risk or not.

Speaker 25 (53:42):
Yeah, it's a good question, and I'd really be interested
to see how that's defined in the future, because I
think all of us have a sense of what is
low risk, because I think the vast majority of transactions
that we do, and the ones that I've been involved with,
you are dealing with really straightforward situations where it's clear

(54:03):
where the funds have come from, it's clear how the
trust was established, what the purpose of the trust was,
and everything like that. And then to cast the net
too wide and ask for all these invasive documents, yeah,
it's it's it's cracking a nutwith sleechaannel kind of approach. So,
but you know, that's just my feel I think I

(54:25):
think some clear guidance from THEDA on what constitutes at
low risk will be will be very welcome, a very
welcome thing from them. Yeah, because we all have an idea,
but you'd be better if we could get some clear
guidance on that.

Speaker 2 (54:42):
Maray, appreciate your time. Tonight Mariy Thorne, associate at McVeigh Fleming,
talking to us about the government's move, the Cole mckeys
move today to make it easier if you've got a
house and a family trust, then the Government's going to
make it easier for you to ab to flick it
on without going digging up all of the files all
in sundry in the bottom of your basement to prove
that you're not laundering money. Nineteen away from six.

Speaker 1 (55:04):
The Huddle with New Zealand Southeby's International Realty Unique Homes
Uniquely for You on.

Speaker 2 (55:10):
The Huddle tonight, Bridget Morton, Ali Jones of red PR
Good evening, I do good to have you here. Let's
start with the COVID inquiry, shall we, and off to
a rocking start. There are people giving submissions, I mean
some really interesting and worthwhile submissions, I think, But Chris
Hipkins not too keen on the whole thing says it's

(55:30):
platforming extremist views from memory. Is what he told me
this morning, Bridget What do you make of that?

Speaker 6 (55:38):
Oh?

Speaker 19 (55:38):
I think it's a bit rich for the guy whose
decisions are under scrutiny to try and undermine the outcomes
of what you know, that commission is meant to achieve.
It is meant to be a belief of people, to
feedback on how defective them and how decisions could be
made differently. And for him to sort of just saying
that it's you know, conspiracy theorists not worth anything, This

(56:01):
shows really that he hasn't learned a single lesson since
he made his decisions, or since he you know, lost
spectacularly the twenty twenty three election, which was resoundingly people
saying to the government, has atthing, wasn't it?

Speaker 3 (56:16):
Yeah?

Speaker 2 (56:17):
I sort of thought that. I thought it was an odd,
an odd approach when he could have just gave it
nothing answer, Ellie, what did you think?

Speaker 19 (56:23):
Yeah?

Speaker 9 (56:23):
Look, I agree with you on that, actually, Ryan, that
he could have just shouldn't have gone down that path.
I think this is a comms issue more than anything.
I have some real sympathy for his position about not
wanting to turn this into a stage for theatrics. You know,
he talked about nurses with names attached. I mean, that's
just outrageous, you know. And we don't want a stage
for anti vaxxers and law breakers and others that are

(56:46):
to be perfectly frank, complete nutter loons. What I don't
understand though, is that that first part, that phase one,
didn't look at a bunch of things, but it did
look at a whole lot of stuff. And I want
to know where that there's some repetition going on here
that is not needed. So I'd really like to sort
of go I haven't gone through those terms of references yet,

(57:07):
but yeah, look, I do have some sympathy for Chris
Hipkins on this. I mean, I don't think some of
these people should be given the time of day to
be perfectly frank. We should be listening to people who
don't get stuck down wormholes and cause the damage and
upset that these people do.

Speaker 24 (57:22):
But that's the point.

Speaker 2 (57:24):
By the way, the mandates the lockdowns, the length of
the lockdowns, and the political decision making behind them, those
are the things in this chanch of the inquiry, Elie
is what they're looking.

Speaker 13 (57:34):
At it's different.

Speaker 2 (57:35):
But I think, Ellie, I don't care how mad you are, Like,
this is a Royal Commission of Inquiry into COVID and
it was the biggest powers any government's had since certainly
since Muldoon, and it infected everybody's life. I just think,
I don't care how nutty you are. You deserve to
be there and have your say.

Speaker 13 (57:54):
Ah.

Speaker 9 (57:55):
So look I do. I hear what you're saying. And
in fact, I've always said every war should be heard,
and they should be. But you know, could we have
just a button that we could drop them there? Or
there could be a hole in the floor. And I'm
not being facetious or rudeal mean here, No, seriously, Look,
I've sat in meetings where there have been people, No seriously, Ryan,

(58:16):
there have been people in these meetings who chant, who
waive banners, who distract from you know, the pest, hanging
nois of people's names on them. I actually would like
to see those people arrested and locked away.

Speaker 19 (58:30):
That's where they should be. I think just when you're
a heard of people chant or waving banners, I mean
that's pretty much a Green Party protest. Like there's no
real difference here between many of these activists, you know,
and I think, you know, we do actually have a
little bit of a control here because these people are
able to have their say. That doesn't mean the Royal
Commission that is going to then take what they say

(58:52):
and make it into recommendations that the government needs to
respond on. We've got some brilliant experts on that commission
that are looking at the evidence that it's very smart.
They are going to hear those news and they are
going to look at them through an annegal length. I
think there's no harmon in these people actually feel like
they have they say because lots of them had their
livelihoods absolutely destroyed during the COVID period and I think

(59:16):
what has happened to them often gets minimized.

Speaker 2 (59:18):
Allie Jones and Bridget Morton on the Huddle tonight back
in a second quarter to six news talk said, being
the Huddle.

Speaker 1 (59:25):
With New Zealand Southeby's International Realty the Ones for un
Last Results The.

Speaker 2 (59:30):
Huddle Tonight at twelve to six, Bridget Morton and Ali
Jones welcome back, guys, TV WON News. They apparently are
having an independent auditor review their bulletin to check for
balance and bias. They've had a lot of complaints about
seemingly cuddling the left a little bit too much. Allie,
what do you think? Have you watched it lately? What

(59:51):
do you reckon?

Speaker 11 (59:52):
Yeah?

Speaker 20 (59:52):
I do.

Speaker 9 (59:53):
I watch one every night actually, and then I go
back and watch three as well. Interested in here is
that I believe that the review is related to a
drop in the number of viewers and drop and income.
I think Paul Goldsmith has unfortunately interpreted that as meaning
that trust levels have reduced. You know, maybe some of
those complaints support that that viewers are not trusting what

(01:00:14):
they're saying. But I actually think he's got it wrong.
I think that TV ANDZ would probably be looking at
things like the lack of news local news at the weekends.
I don't know whether you've picked it up.

Speaker 20 (01:00:24):
We basically see.

Speaker 9 (01:00:25):
Held or holdable stories from the Department of Conservation that
could have been shot a month ago, or we get
stuff that's pulled off the satellite. I think if they
want viewers, it's not so much the trusting and the
removing any perceived or real biases. They need to actually
deliver what people want to see and hear and I
think we need to see our own people as well,

(01:00:45):
and there's not enough of that. Remember regional news or
you're probably too young, Ryan, We had days of regional
news where you know, the areas around New Zealand, Auckland, Wellington,
christ Church in Dunedin we had our own regional news
and we would regularly beat in ratings home and network news.
People want to see themselves, They want to see good
quality news, and I don't think the biases really come

(01:01:06):
into it.

Speaker 8 (01:01:07):
Do you know.

Speaker 2 (01:01:07):
We learned about that when I was studying broadcasting. That's
how long we got. We learned about it, and it
would come on before the main news, wouldn't it. It
would play before the six o'clock. But I thought the
same thing about uber local news and then all of
the local newspapers bridget they're all going out of fashion too,

(01:01:28):
So I don't know. I guess they're on Facebook, are they?

Speaker 9 (01:01:31):
Well?

Speaker 19 (01:01:31):
I suppose with the local news there there's a different
factor of the air, which is about advertising and the
fact that you know, advertisers, there's so many different places
to put their advertising dollar now, so they're not going
to necessarily go for your local newspaper. They're going to
go for targets advertising on social media where they can
really get into the people that they actually want to,
you know, buy their product. I do agree though with

(01:01:53):
Ali that I actually said that there's a little bit
of misconception that they think that the biases what's driving
away or us striving away viewers is instead of actually
what is the sort of stories. I mean, frankly, I
think I'm probably like that. I'm weary of calling Elie old,
but I think watched you know, the six o'clock Us

(01:02:14):
anymore because it's not the agenda setting to the place.
By the time I've got to the six got us,
I've already heard those stories before. And so if there
were oftenly something different, you know, that regional elements, a
little bit of you know, what's happening in my local neighbors,
I probably actually would be more interested because they'd be
getting something different.

Speaker 25 (01:02:31):
I don't think it.

Speaker 19 (01:02:33):
Two sides.

Speaker 9 (01:02:35):
Yeah, I think you're absolutely right at that point about
it at not being a gender setting more. And I
see this season actually in some breakfast radio there's you know,
we used to have a story that we would we
would follow, but we'd find a new angle for it.
Now there's just this repetition and cookie cutter stuff going on.
But yeah, I think the local angle is definitely the
way to go. And you could you could actually break out,

(01:02:57):
and they did break out and run, you would have
been all this Ryan when you were learning. They would
break out and they would run regional advertising, so it
could still be you know, focused on the regional market.
So yeah, I'm available. Actually, if there is a need
for regional news to be Broadcastle, will.

Speaker 2 (01:03:15):
You bring it to us for free? Elie? We don't
have to pay you for that. How do we very quickly?
Because I have to go. But the primates story We've
told all our audiences across this primates and it doesn't
matter whether your male or female. One can dominate the
other just as much as the other way around. Who
wears the pants at your house, Elie?

Speaker 9 (01:03:34):
Definitely me? But I have to say, too many stats here,
you know, and and command they say sixty percent of
the time, it works every time. There's just too many
stats here, and I don't follow it.

Speaker 2 (01:03:43):
But I wear the pants somehow, I couldn't see it
any other way.

Speaker 19 (01:03:48):
Bridget what about you look differently in my business with
two male business partner you've got her wear the pants
or a great skirt and just have as much power
from that. One thing I definitely took from this primate
study though, was it would be no surprise for females
that in the situations where males are bigger, they will
have the physical dominance and where they can, they will

(01:04:11):
try and control women's reproduction. That is, you know, just
common knowledge to every female out there.

Speaker 2 (01:04:17):
Well you go goo okay, guys, thank you very much
for being with me. Ellie Jones and Bridget Morton on
the huddle tonight. It's seven minutes away from six and
you're on News Talk SEBB.

Speaker 1 (01:04:29):
It's the Heather douper c Allen Drive Full Show podcast
on my Art Radio powered by News Talk ZBB.

Speaker 2 (01:04:36):
News Talk SBB. It is four minutes away from six.
After six o'clock, will take a look at the OCR
preview the OCR which is happening tomorrow. Well, it'll do
your mortgage rate. The Aussies have held steady at three
point eight five percent today. Now, you don't want to
the reason you don't want to be one of Perutan's
cronies is because when something goes wrong, then it goes

(01:04:57):
really wrong for you. And he will dispense of you.
This is a one of a Transport minister of Vladimir Potent.
So some Ukrainian drones ground some flights near Moscow airport,
huge travel disruption, big kerfuffle. Putin calls the Transport minister in,

(01:05:17):
sits him, down, fires him. Sad news. Next day he's
found dead. Now they say suicide. But do you believe it?
You just don't know, do you? In Moscow? Anyway? Sacked
the Monday night published the details online. Guys now no
longer with us, unfortunately yesterday the Transport Minister today buried

(01:05:38):
the all Blacks and the French. Why don't the French
like Hamilton? That's the question we've been asking. After six
they are avoiding the tron basically themselves out of Auckland
ahead of their match against the Abs. Of course they're
in Wellington and then the following week we'll be in Hamilton.
So we'll talk about the up and coming hotels and
destinations in Hamilton for you. Coming up to six o'clock,

(01:06:00):
you're on news Talk SETP.

Speaker 3 (01:06:18):
What's up? What's down? One with a major cause and
how will it affect the economy?

Speaker 1 (01:06:24):
The big business questions on the Business Hour with Ryan
Bridge and Mass Insurance and Investments, Grow your Wealth, Protect
your Future, News talk.

Speaker 2 (01:06:34):
Set b Yay, good evening.

Speaker 3 (01:06:36):
It is the eighth of July.

Speaker 2 (01:06:37):
It is seven minutes after six. Great to have your
company this evening on the Business Hour, we will do
the business and coming up shortly we'll talk to Kelly
your face as I said that as.

Speaker 16 (01:06:50):
A great, great new tag line for the business.

Speaker 2 (01:06:53):
I was buying for time. Because you're wasted on you.

Speaker 16 (01:06:56):
Mate, we should have you write in the marketing slogans.

Speaker 2 (01:06:58):
We are doing the business because it's business time on
the Business Hour. We'll talk to Kelly Echold on the
OCR just a second. We're also going to talk to
Jamie McKay the Country and showbiz. We'll get through that.
Paul Blocks from HSBC on their rates. They're holding steady
in Australia, the RBA, they're an end of Brady in
the UK for US before top of the hour. Central

(01:07:19):
banks around the world seem to be in a bit
of a crouch and hold at the moment we had.
The US Fed haven't moved, although Trump wants them to desperately. Today,
the RBA holding steady tomorrow. Our decision what will it be.
Kelly Echold from Westpac is with me tonight. Hey Kelly, Hi,
how are you?

Speaker 6 (01:07:37):
Yeah?

Speaker 2 (01:07:37):
You're ready to do the business?

Speaker 3 (01:07:38):
Kelly, Well, we're.

Speaker 26 (01:07:40):
Not expecting any business to be done tomorrow. We think
they're going to leave the OCR unchanged, as they signaled
by having no bias about what was going to happen
to this meeting when they spoke to us back in
back in May.

Speaker 2 (01:07:54):
What do they risk if they do cut?

Speaker 26 (01:07:58):
What they risk is that the CPI that's due later
on this month comes uncomfortably high, and some of the
data that we've seen since May suggest that it is
actually going to be a bit stronger than what they
forecast back in May, and quite likely actually that headline

(01:08:18):
CPI is going to be a pretty close to three
piece three percent, or maybe even a bit above it
as we go through the rest of this year. So
it's quite hard, I think, for an NPC that's got
a single mandate on one to three percent inflation to
be cutting rates when inflation is quite that high.

Speaker 2 (01:08:37):
Yeah, and then you've got the global backdrop, and you've
got Trump and all that stuff, and the things that
no one really knows about at the moment.

Speaker 26 (01:08:44):
Well, there's tons of uncertainty around that. I mean generally,
I think the tail risks about what Trump has been
up to have reduced quite a lot since April and May,
and as a result, we see consensus forecasts for global
growth actually being revised up a bit. Is that's been reflected.
Equity markets have been quite strong, but nevertheless, we don't

(01:09:06):
quite know what's going to happen. We saw all of
Trump's letters start to come out today. Some countries have
still got pretty high terrifts to deal with. We don't
know what New Zealand's going to end up with, and importantly,
we don't quite know how negotiations are going to end
up with some of the US biggest trading partners in
Europe and China and Indi year as well.

Speaker 2 (01:09:26):
Kelly, we're not even at neutral yet. I mean we're
we're touching neutral, but we're not completely there yet. Do
you think we will get there this year?

Speaker 26 (01:09:35):
I think we could easily be at neutral now, Ryan,
and I think even the Brazerve Bank will tell you
that they don't know for sure exactly where it is.
Their range for neutral is between two and a half
and three and a half percent, and in fact, a
lot most central banks around the world have actually got
themselves into the neutralish stone. Now, the idea of neutral
in terms of guiding what's going to happen to interest

(01:09:57):
rates from here when you're already quite close to it,
isn't actually that help forty more. What's going to be
more helpful is trying to get a good guide on
where inflation is going to go and perhaps where the
economy is going to go as well.

Speaker 2 (01:10:09):
On the global outlook, you know, we've got ten percent
tariffs from the US. If that's the worst that happens,
then that's probably quite a good thing. Well not a
good thing, of course, it could be zero, but kind
of got off lightly when you look at what else
is happening around the world.

Speaker 26 (01:10:25):
Well, a ten percent tariff in New Zealand's going to
be the low end of the scale if that's what
we end up with, and I'd say that's probably what
we are going to end up with at least for
a while. And that's the line that we've had on
that is that's unwelcome but manageable. I mean, we've actually
had some pretty strong commodity prices in the last year
or so, so the ten percent tariff has just taken

(01:10:46):
a bit of a bit of cream off the top
as opposed to necessarily leaving us in a pretty tight bind.

Speaker 2 (01:10:51):
Appreciate your time. Kelly Echold, Westpac Chief Economist on the
decision from the Reserve Bank tomorrow eleven after six sounds
like going nowhere. Eleven after six, News Talks VB. Jamie
McKay from the Country.

Speaker 3 (01:11:03):
Next, It's the Heather.

Speaker 1 (01:11:05):
Dupas Allen Drive Full Show podcast on iHeartRadio empowered by
Newstalk z EBB. The Rural Report with MSD Animal Health
Home of Maltine ends he's leading fave in one vaccine.

Speaker 2 (01:11:19):
Six fourteen on Newstalk ZBB, Jamie mckaye hosted The Country
with Us Jamie Good Evening.

Speaker 16 (01:11:24):
Good Ay, Ryan.

Speaker 2 (01:11:25):
Everybody's talking about Hugh Jackson.

Speaker 27 (01:11:29):
Yes, as opposed to Hugh Jackman, who I was accused
of mispronunciating his name of my mispronunciated mispronunciation there too,
sorry Ryan, on yesterday's show. Yeah, Hugh Jackson is the
FMG twenty twenty five Young Farmer of the Year. The
twenty six year old sheep and beef farmer from Tiace
just up by Raglan There won the Grand Final and

(01:11:53):
was given the Cloak of Knowledge and in the cargo
on Saturday nights. So this is like they had to
win their finals and then their regional finals and then
they get to the Grand Final. There are seven regions
represented in the Grand Final. On Thursday they do their
technical Day, which is very very technical. On Friday they
do the practical test, that's the hands on down on

(01:12:17):
the farm stuff. Then they do the speeches on the
Friday night, and then on the Saturday they've got the
big gala dinner and the buzz around and yet he
came out on top. Interestingly, they had to do things
on their practical Day Ryan, like sharing sheep no problem
of course for a sheep farm, a bit of an
issue for a dairy farmer. They had to build a
bridge and drive a motorbike over it. They had to

(01:12:38):
fill it fish and I love this one. They had
to bail some hay, make some hay in Southland in
the middle of July to show off their farthing skills.
So yeah, yeah, interesting. So yeah, Hugh Jackson taking it away.
He's got an interest in technology, a passion for mental health.
He's the chair of the Hamilton City Young Farmers club

(01:13:00):
caught up with Atfield Days. Very eloquent young man Gareth mckirche,
another smart young bloke representing Arangi, was in second place
and Tasman farmer George Leatham finished in third place. I
may follow in the steps of the twenty twenty two
and twenty twenty three winners Tim Danjon and Emma Paul
brother and sister and last year's winner George Dodson. I'll

(01:13:23):
tell you what, Ryan, if you win one of these titles,
they stay with you for life and they open lots
of doors in the primary sector.

Speaker 2 (01:13:29):
Brilliant. Good to see the next generation coming through now.
The recent sale season was one to remember.

Speaker 27 (01:13:36):
Yeah, this is the ball selling season. This is the
beef balls. Black Gold they're calling him. Of course, the
black bulls are the Angus bulls. When it came to
all the different breeds this year, Charroleet claimed the highest
increase in average prices, South Devon the highest increase in
total clearance race rates. But the story of the season

(01:13:57):
was the Angus bulls. They set a new record. Tonguey
Ho Angus from Gisbon sold a big black beast for
one hundred and sixty one thousand dollars that beat last
year's price of one hundred and thirty record price of
one hundred and thirty five thousand by twenty six thousand.
When it came to the other breeds, the Hereford set

(01:14:17):
on U top price of eighty grand, the Charrolets fifty
and the Cimentale forty two. Now, Ryan, if you owned
one of these black bulls, you wouldn't have to work
two jobs like you're doing at the moment. You could
sell one and just work one job.

Speaker 2 (01:14:31):
Oh, I dream of the day. I dream of the day. Jamie,
Thank you. Jamie McKay hosted the Country for us with
our Rural Rap. It is seventeen eighteen minutes after sex,
Ryan Bridge. You might have heard on this show. Yesterday
we spoke to Simeon Brown, the Health Minister, about Wellington Hospital.
So Health New Zealand was going to run a trial
and cut some beds from the gynecology department, from the

(01:14:54):
maternity ward and put them into the ed because they're
crying out for beds and in e well They've decided,
after announcing it yesterday a day later to put the
kibosh on that. So Health New Zealand is reversing its decision.
They say the trial is aimed at making more room
for patients from the overcrowded emergency department. But after an

(01:15:15):
emotional meeting with staff on Monday who felt blindsided by
the proposal, Health New Zealand has backtracked, saying it understands
the importance of these services to women and families across
the region. The question remains because there was the hospital
Health New Zealand saying these beds are sitting empty, and
then you had the midwives saying they're not empty. They've

(01:15:35):
got women in them who you know are giving birth.
They're double parked in a lot of cases. But then
you've got Health Newserenter say now they're empty. So how
can you not know which beds are empty in a
hospital or not? I mean that seems pretty If a
car parking building can tell you how many empty car

(01:15:55):
parks there are, you should be able to tell me
how many empty beds you've got in the hospital. Nineteen
after six news talks ZB SHOWBUSINXT.

Speaker 3 (01:16:04):
If it's to do with money, it matters to you.

Speaker 1 (01:16:07):
The Business Hour with Ryan Bridge and Mare's Insurance and investments,
Grow your wealth, protect your future.

Speaker 2 (01:16:15):
US dogs eNB no business like show business twenty two
minutes after six, So it is time for show business. Now,
Hollywood and its endless quest for money, has greenlit something
absolutely ridiculous. What's so ridiculous about that, Mattel. Yes, the

(01:16:36):
Toy Company has announced their new Hot Wheels live action
movie based off the little toy cars you remember playing
with them as a kid. Warner Brothers the studio who
made the Barbie movie. While they're all in producing with
both companies hoping to capture the magic of Barbie's one
billion dollar box office draw in twenty twenty three, remember
that a billion bucks they got off Barbie. I worked

(01:16:58):
at TV three at the time, owned by Warner Brothers,
and this is in New Zealand. When they had the
global premiere for Barbie. They had life sized Barbies in
our reception area. This is by the way, they were
cutting people left, right and center at TV three, and
they were handing out chocolates, Barbie shaped chocolates to people
as they were packing up their desks and being fired unceremoniously. Anyway,

(01:17:22):
so there was a lot of money went into marketing
that film, but by god, did it pay off with
the billion dollars at the box office, so anyway, so
they've got them on board. They've also announced the director.

Speaker 24 (01:17:31):
Now.

Speaker 2 (01:17:31):
The director's name is John M two. Most notable you
might recognize the name director of last year's smash hit Wicked,
which brought the studio in seven hundred and fifty million
dollars ten OSCAR nominations. Highly anticipated sequel hits theaters in November.
I never went because of the well to name the
annoying one with a really high pitched voice, ariana Grande

(01:17:54):
great singer. Just wouldn't go see her act anyway. It's
currently unclear whether or not Wheels will be a musical
like Choose make's' success. Can you have a Hot Wheels music?
I suppose you could. Anyway, it is likely he'll lean
into a direction similar to other movies he's made in
the Step Up and Now You See Me franchises, So
he's very excited about all of that. Brad Pitt, by

(01:18:17):
the way, Formula one, we spoke about this movie yesterday.
My movie of best movie I've watched all week. Brad
Pitt's Formula apparently stumbling out of the gate at the
box office. Hollywood'll be watching closely to see what cash
they can squeeze out of the recent trend in car racing.

Speaker 28 (01:18:33):
Do you think that it's because you gave away the
ending on the show yesterday? So now no one needs
to see the Formula one movie. Possibly what happens?

Speaker 2 (01:18:39):
Possibly I did get in a little bit of trouble
about that over that, just with just internally in my
own home, somebody thought it was very inappropriate that I
give away the ending of a movie like that.

Speaker 28 (01:18:50):
Oh have they not gone along with you to see
the movie? No, so you swung off to see the
movie without inviting them, and then you ruin any charts of.

Speaker 2 (01:18:59):
Them give away the ending. Yeah, that's what I'm here,
just crush dreams. Basically, that's what I'm here for. So
this is the first major toy film release after Barbie,
with film versions of Barney, the Dinosaur, Pollypocket, and The
Fame Uno currently in development. So good luck Hollywood. Apparently

(01:19:20):
it's a very lucrative thing to do. You line up
because one of the ways that movies make their money
is by the merchandise and the toys and everything that
go along with it. So if you can start with
the toy and reverse engineer in the movie You're pretty
much onto a winner twenty five after six. Hey, I
brought my own showbers News today because I wasn't sure

(01:19:42):
whether you all guys want would be crap or not,
so let's cover the basis. But anyway people can decide
my Showbers News is Katie Perry and Orlando Bloom. You
know how they've got divorced. Well, they've been spotted together
just in the last twenty four hours. Yes, Katie Perry,
she who kissed a girl in Orlando Bloom? And where

(01:20:05):
were they on Jeff Bezos's yacht with Jeff? Was there
Laurence Sanchiz the new Wife's it's the honeymoon. It's the
honeymoon and you've got a newly divorced couple on your yacht.
Is it the kind of fun time you're looking for?
I don't know. Personally I would I would kick them
off because I think it's a bad omen.

Speaker 16 (01:20:23):
I don't know, Roan I reckon.

Speaker 28 (01:20:23):
There be people in the audience where it was like, hey,
do you want Orlando Bloom to come along to your honeymoon?
I think some people would probably be like.

Speaker 2 (01:20:29):
Yeah, no, actually, you know what, especially a single Orlando Bloom.

Speaker 16 (01:20:34):
A recently divorced Orlando or is he In fact?

Speaker 2 (01:20:37):
I don't think my marriage would last very long if
that was my honeymoon. Sorry for I'm with a Orlando. Hey,
there's a there's a picture. How long have we got?
Two seconds? U? Sixty seconds? There's a video out there.
I probably shouldn't say. This is probably a bit, but
it was in the tabloids. Okay, it was in the tabloids.

(01:20:59):
There's a fox out there of Katy Perry and Orlando
Bloom on a wakeboard or a surfboard in the ocean,
completely naked. Okay, you can see everything. Don't look it up.
It's inappropriate. Twenty seven after six News Talks mb.

Speaker 3 (01:21:38):
Crouching the numbers and getting the results.

Speaker 1 (01:21:41):
It's Ryan Bridge with the Business Hour and Mass Insurance
and Investments, Cruel your wealth, Protect your future, NEWSTALKSB.

Speaker 24 (01:22:08):
Good evening it it's.

Speaker 2 (01:22:08):
Twenty five away from seven News Talk ZIB. We'll get
to end the Brady, a UK europe correspondent before top
of the hour. Right now we'll go to Paul Block
from HSBC Chief Economists. Because there are no rush the
Aussies to move on the OCR there the Reserve Bank
of Australia deciding today to hold steady at three point
eighty five. Paul good evening.

Speaker 24 (01:22:28):
Good ay, So no rush, no rush at all.

Speaker 29 (01:22:32):
In fact, quite a surprise for the market because the
market was quite convinced that the RBA was going to
cut its policy rate today and it decided instead that
it's got a bit of time.

Speaker 24 (01:22:40):
And in particular it's you know, noting that you know, they.

Speaker 29 (01:22:43):
Want to wait and see what the next CPI, the
quarterly CPI reading looks like before they potentially deliver another cut.
So they were prepared to wait today and sit still
and wait for that all important information we get in
a few weeks.

Speaker 2 (01:22:55):
Time is that front And well it must be frustrating
for people who thought they might beget a little more
off their mortgage.

Speaker 24 (01:23:02):
Well that's right.

Speaker 29 (01:23:03):
If interest rates don't come down, it makes it a
bit tougher for people who've got mortgages. But I think
the main thing that Governor was pointing out in the
press conference and in the statement was that although inflation's
coming down in Australia, corp inflation has only just had
one print where we've gotten into the target band. So
the last print was at two point nine percent they
target two to three, and so they want to be
really convinced that inflation's going to get to the midpoint

(01:23:26):
of that target band, and they just haven't got quite
enough evidence to get them over the line for delivering
another cut as yet. But she also pointed out that
a lot of this was timing rather than direction, and
those are the words the governor used that you know,
they still think they'll be delivering more rate cuts, they
just think.

Speaker 24 (01:23:42):
That it's not quite time yet to deliver the next one.

Speaker 2 (01:23:45):
And the fact that the board voted six to three
in favor of the whole what does that tell you
about the next one.

Speaker 29 (01:23:51):
It's quite interesting because the Reserve Bank has never published
board votes before. Obviously, we've got a new Monetary Policy
Committee here in Australia and this is a new procedure
that they will publish unattributed votes from the board. So
it tells you that there was a healthy debate about
the possibility of cutting, and that obviously three of the
board members thought that they should cut and six said

(01:24:12):
they should hold. So it's, you know, again, it's sort
of this idea that it's really about timing rather than direction,
and it wasn't obviously unanimous story for the board members.

Speaker 2 (01:24:23):
Yeah, what does Michelle Bollock? Every time I see her perform,
she seems in charge, calm, measured for what's the impression
of the in the eyes of the Australian public.

Speaker 29 (01:24:34):
Well, this is a new strategy from the RBA. If
you think about to give a press conferences. This is
a new thing that's been adopted by the RBA just
in recent times. And so I think the Australian public,
you know, is getting still getting used to and markets
are still getting used to what this how this all works.
The press conference is really designed to speak about what
happened that day and why they decided what they've decided,

(01:24:56):
and to speak to the Australian people about about why
that decision has been made.

Speaker 24 (01:25:01):
I think the main thing is market participants.

Speaker 29 (01:25:03):
They're trying to work out how much of it's a
communication for them versus a communication for the general public.

Speaker 24 (01:25:08):
And there can be nuances that are different for those
two groups.

Speaker 2 (01:25:11):
Our Finance minister over here on the side of the testament,
Paul's been talking about text potentially texting Aussie banks a
bit more. Is that making any ways or news in
your area?

Speaker 29 (01:25:22):
I haven't seen anything in Australia that much much about that.
We've got an RB and Z meeting tomorrow obviously, so
this is you know, we've got a big central bank
week for the Antipodeans, and like the RBA, we expect
the RBNZ is likely to be on hold tomorrow as well.

Speaker 2 (01:25:38):
Yeah. No, everyone's sort of in a cratch hold position,
aren't they. I mean, and the Fed doesn't want to
go anywhere because they're worried that inflation will take off
again with the tariffs and all that sort of stuff.

Speaker 29 (01:25:48):
That's right, So the Fed is on hold at the moment,
and I guess they're watching all of the trade policy
developments and they're happening day by day at the moment.
So that's one of the features keeping the Fed on hold.
I think for RB and Z the story is that
there have been a lot of interest rate cuts already delivered.
I think it's starting to lift growth in New Zealand.
And the other feature is that inflation started to pick

(01:26:08):
up a little bit recently, and I think that's likely
to keep the arbians that on hold tomorrow.

Speaker 2 (01:26:14):
Yeah, yeah, I think you might be right, Paul. Thank
you for that Paul Block from HSBC Chief Economists with
us from Australia. It is twenty one minutes away from
seven and you are listening to news talks. There'd be
great to have your company this evening back in just
a minute. If you want to make positive health and
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(01:27:20):
co dot NZ today.

Speaker 1 (01:27:22):
Whether it's macro micro or just plain economics, it's all
on the Business Hour with Ryan Bridge. Cans players, insurance
and investments. Grow your wealth, protect your future.

Speaker 2 (01:27:33):
Use dog, said me seventeen away from seven Now. UK
Europe Correspondent Indebrady with us tonight in the good evening.
Good morning to you, hey Ryan, good to speak to
great to speak to you too. Now we've seen the
tears from Rachel Reeves last week. You know how bad
are the finances? Is Carestarming going to have to whip
out some new taxes?

Speaker 12 (01:27:53):
Yes, in a word, so there's a ten billion dollar
black hole in the UK finances, all off the back
of the welfare reforms not being allowed to go as
far as he wanted. That was the big row last
week in the tears from Rachel Reeves in Parliament. All
very very embarrassing for labor. And what we're hearing today
is they're looking at bringing in a new tax on

(01:28:16):
the wealthy. So if you've got assets north of twenty
million dollars, Labor will be looking for two percent of
them that there will be a wealth tax. Now the
taxation world is up in arms about this rich people,
as you can imagine the super wealthy. They're not exactly
enamored either, And a lot of tax experts and financial

(01:28:37):
bods are pointing out that nowhere in the world has
managed to make a wealth tax work. Basically, these people
are so rich and so fiscally fluid they just move
their money somewhere else and off they go. So already,
you know, we've seen an awful lot of rich people
leave since Labor come to power. Will we see even
more goodness?

Speaker 19 (01:28:56):
Me?

Speaker 2 (01:28:56):
I mean, obviously there's going to be a get that's
going to have to be filled by or increases to revenue. Yes,
and I have to do something. Weren't they four hundred
media figures call pro Israeli four pro Israeli to be
removed from the BBC board? What's this about?

Speaker 12 (01:29:13):
So there's a man called Robbie Gibb who was a
member of Parliament Conservative, then he was a political journalist
and then Theresa A made him her spin doctor doing
comms in Downing Street when she was Prime Minister. None
of that is a problem. What is a problem for
a lot of people now is that he's on the
board of Directors of the BBC and also the Editorial

(01:29:34):
Standards Committee at the BBC because he was involved in
the takeover of the Jewish Chronicle newspaper in London five
years ago. Now that is a right wing, very pro
Israel publication, and Robbie Gibb is still heavily involved with
the ownership of that newspaper. Now, last week, the BBC

(01:29:54):
decided not to air a documentary about Gaza which it
had commissioned. It was called Gaza Medics under Fire and
it shows Israel bombing hospitals, killing doctors and nurses and
patients and surgeons. And the BBC decided that having commissioned
the documentary, someone at a very high level in the BBC,

(01:30:14):
at board level, decided that we're not showing that. Channel
four then showed it. And because the BBC didn't show it,
more people want to watch it, and it has gone viral.
And basically you've got four hundred very prominent media figures
coming out now signing an open letter calling for Robbie
Gibb to be removed from the BBC Board of Directors.
They say his position is completely untenable. GiB no doubt

(01:30:38):
we'll stay there because Starmer gets involved in nothing like this.

Speaker 2 (01:30:42):
Now two famous Greek islands of fighting beck against the
cruise ship over tourism there. I'm not sure.

Speaker 12 (01:30:50):
Forty dollars is going to put off anyone. If you've
traveled from New Zealand, if you've traveled from Canada, Australia,
wherever you've come from in the world to get to
Santorini and Mikinos, I'm not sure you're going to be
deterred by a local tax, effectively a levee they're putting
on people coming off cruise ships. But that is the
big idea this summer, these two islands are fighting back.

(01:31:14):
We see a lot of stories about over tourism in Europe,
particularly cities like Barcelona, where people have had enough of
air B and B and you know the influx of
tourists and the rattle of suitcases every morning along cobbled streets.
People have had enough. So Santorini and Mikinos, two of
the most famous Greek islands, they've decided that if you
come to their island off a cruise ship, they're going

(01:31:35):
to hit you with roughly forty dollars of a levee.
But as I say, if you've traveled a very long
way to get to a Greek island. You're not going
to blink at forty dollars.

Speaker 2 (01:31:44):
No, it's certainly not. Hey, I appreciate your time in it.
As always in the Brady, a UK europe correspondent, time
is the ten minutes away from seven. It's an interesting idea.
Governments around the world are going to be faced with
this problem. You don't have enough money coming and not
enough rivenue. You've got an aging population, they're sucking up
all the resources. Not your fault, you're getting old. You know,
you've lived a good life, You've paid your taxes. Nothing

(01:32:06):
against you, but it's a reality. Fewer young people working,
more old people on healthcare, more old people on pensions.
You buget? What do you do about it? We're all
going to have to confront this. The Western world will
have to confront this. The UK is doing it. Tried
to cut welfare. Went NAT has their own party. Went
NA can't do that. So now they're going to have

(01:32:26):
to tax the rich. And what do you think about that?
Twenty million dollars in assets and a two percent tax.
Problem with a wealth tax, of course, is you're not
earning the money. You're not being taxed on money. You're earning.
You're being taxed on the book value of an asset.
So where's the money actually come from if you don't

(01:32:46):
have good cash flow. That's always been a problem with
the wealth tax. But how do you feel about that?
I mean, I'm not worth twenty million dollars, right, so
I shouldn't care. The government came out and said we
want to tax the New Zealand government, so we want
to tax people who've got assets worth twenty million dollars
or more. Why should I care?

Speaker 24 (01:33:02):
But I do?

Speaker 20 (01:33:04):
I do.

Speaker 2 (01:33:05):
It makes me angry. It makes me go why even
though I'm not that I don't have that money? That's
not me? Why do I feel like that? Is it
because one day I want to be worth twenty million dollars? Well,
of course I do. Everybody does. You cannot sit there
and tell me that you do. If tomorrow I could

(01:33:25):
flick my fingers, click my fingers and you be worth
you know, like a genie in a bottle, you'd be
worth twenty million dollars. You wouldn't take it, of course
you would. You do it for your family. So is
that part of the reason why no one likes new taxes?
Even if it doesn't affect them directly nine two nine,
two eleven to seven.

Speaker 1 (01:33:47):
It's the heather too for see Alan Drive Full Show
podcast on iHeartRadio powered by Newstalk ZBB.

Speaker 2 (01:33:54):
News Talk ZBB. It is eight minutes away from seven.
Lots of people texting and about tax. We'll get to
that second. The all Black. So Scott Barrett ruled out
for the rest of the series against France. It's a
calf here happened in Dunedin. You would have seen him
come off there. Scan Monday reveals Tear return to play
TBC not sure yet. Replacement TBC not sure yet. Ardie

(01:34:15):
Save is going to take the captaincy for the weekend
second Test in Wellington. Beyond that, it's all a bit
up in the air. Don't worry, We've got depth. Don't worry,
We've got talent, they say. Now Trump is pushing ahead
with his Global Trade Board. I don't know. I think
he just gets bored and hen wants a headline. So
here he is. He's come out and said, well, extend
the deadline. It was meant to be tomorrow. Your deadline

(01:34:37):
is meant to be tomorrow for your trade deals, thank
you very much. But he has extended that through to
August first, but is at the same time threatening more tariffs.
So he doesn't want to come out and look weak
like he's bending over and cartowing. So it's quite a
good little switcheroo. He comes out and he says, with
extending the deadline, but at the same time, you could

(01:34:58):
face forty percent and you for so very Donald Trump,
he reckons he is close to the holy grail a
trade deal with India. I'll believe it when I see it.
And that is like everything with Donald Trump, isn't it.
You believe it when you see it. If you don't
see it, it's not real. How serious is he about
Iran and the Nwykes for example, welly bomba, so quite serious.

(01:35:20):
How serious is he about Ukraine and ending the war there? Well,
not very serious because they're still fighting, you know what
I mean. There's a lot of talk which you should
just ignore and look at what he does, look at
the actions. It is seven minutes away from seven News
news talks there'd be and hey, thanks for your feedback tonight.

(01:35:40):
Why does everyone hate Hamilton's Well, it's a stupid question
because you know, we know why people might hate Hamilton,
but the franch aant staying there ahead of their test,
and I read today there are two brand new hotels
being constructed in Hamilton right now. I've had a handful
of friends move to Hamilton the last couple of years.

Speaker 3 (01:36:02):
Love it.

Speaker 2 (01:36:03):
Commutes better, lifestyles better. You're still not that far from
Auckland if you need to go to a meeting. Hamilton
actually has quite a bit going for it. Maybe not
Hamilton itself, but good people there and close to some
good things. So I'm not writing Hamilton off completely right.
It is six minutes away from seven. What are we

(01:36:24):
going out to tonight?

Speaker 28 (01:36:25):
Ants we go at price tag by JESSEJ and Bob
to play us out tonight.

Speaker 6 (01:36:29):
Ryan.

Speaker 28 (01:36:29):
Some good news from Jessej actually, because we had bad
news from the British prop singer earlier in June that
she actually had been diagnosed with cancer and she has
had a mass dectomy to get rid of it. And
now the good news that's out today they've done tests
and the cancer has not sprint, so that's very good.
She said she's basically got one more surgery to go
because she's had the mass deck to me and she

(01:36:51):
wants to make these cousins look more like sisters. But
for now, she says, it's gratitude time, and I'm changing
my name to the Lotjess Monster, so clearly taking it
all with with good humor. But yeah, Price stag by
CJ to play us out tonight celebrated good news.

Speaker 2 (01:37:04):
That's excellent news. And we'll leave you with a text
from Tim on the tax situation Ryan like, I'm like you,
I'm not worth anywhere near twenty million dollars, but I
aspire to be taxt me more. Remove my motivation to
work harder, et cetera. I won't ever be. I'm sixty
five years old, Tim, Tim, thanks for your text, Thanks

(01:37:27):
for all of your texts, all of your feedback, all
of your emails today. Very much enjoyed it. I'll see
you tomorrow from seven am on the heralds Herald Now
program or here on Drive from four o'clock.

Speaker 3 (01:37:51):
Tonight.

Speaker 7 (01:37:51):
It's not about the money.

Speaker 20 (01:37:55):
Money.

Speaker 7 (01:38:00):
Forget about the PRIs. I sayin' about the fun to
change to changing about the king, the playing the blame.

Speaker 13 (01:38:08):
Want to make the world a day.

Speaker 3 (01:38:11):
Forgot about the PRIs.

Speaker 13 (01:38:17):
Then that that brow I say that lad, that that.

Speaker 7 (01:38:29):
Last that that last brow I say about the money, money, money.
You don't need your money, any money. We don't want
to make a world day. Forget about the brown, getting
about there, trying to changing about that. You were playing

(01:38:51):
the brain, trying to make a word day. Cat about
the brown.

Speaker 30 (01:38:56):
Gives forget about a price.

Speaker 27 (01:39:15):
Check me.

Speaker 3 (01:39:22):
For more from Hither Duplessy Allen Drive.

Speaker 1 (01:39:25):
Listen live to news talks it'd be from four pm weekdays,
or follow the podcast on iHeartRadio

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