Full Show Podcast: 06 May 2026

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
Pressing the newsmakers to get the real story. It's Heather
duper c Ellen Drive with One New Zealand to coverage
like no one else news Talks Evy.

Speaker 2 (00:12):
Hey, Good afternoon, Welcome to the show. Coming up today,
Paul Goldsmith on scrapping the BSA, Brad Olson on the
unemployment number coming back ever so slightly, and Brooke Van
Valden on her tests for citizenship. Heather duper cy Ellen
blow me down. But I did not think that Paul
Goldsmith had the courage or the inclination to do something
as bold as actually scrapping the BSA. I thought it

(00:33):
was all talk when he kept on dropping it as
a possibility. But turns out I was wrong. He's announced
the BSA is gone. The laws will be drawn up
in the next few months and they'll be passed before
the after the next election. Why this surprises me is
because this is culture war adjacent stuff. This is exactly
the kind of stuff the NATS have tried to avoid
of late, anything that makes you feel just a bit icky.

(00:53):
People aren't gonna like it. They've tried to get away
from it because there is really quite a high risk
here of blowback. If the NATS are accused of trying
to protect their mates and the more fringe parts of
the media, like the Platform, for example. That's not necessarily
a good look for the NATS. And then on the
other hand, there's very little upside other than making a
few irritated by the BSA broadcasters like me happy. The

(01:14):
BSA is funded by the media, so there's not really
even taxpayer savings that they can crow about. But it
still is the right thing to do because the BSA
imposes quite significant costs on broadcasters. Sky for example, it
is rumored paid half a million dollars to the BSA
last year. That's money that media cannot afford to just

(01:34):
fork out at the moment when media are doing it
as tough as they are, and for very little good.
Because the BSA doesn't actually police what we say. You do,
we are more worried about you than we are about
the BSA. If I'm being completely honest, we know that
if we use expletives, like if I was to use
expletives on air while the kids are in the car,
you're going to turn off the radio. You don't want

(01:55):
to hear that. If we are untrustworthy, if you find
out that the stuff that we tell you is wrong,
you are going to stop listening, and that, frankly, is
more of a deterrent that a bunch of people in
Wellington get getting worked up about something and then slapping
a five thousand dollar fine on us. The BSA has
no one to blame but itself, and it's silly overreach
in trying to police the Internet for what has happened

(02:16):
to it today. Had it stayed in its lane, it
might have survived by simply not drawing attention to itself.
But it went for a power grab read the platform,
and it has ended up ending itself.

Speaker 1 (02:28):
Heather du plus Ellen.

Speaker 2 (02:33):
Nine two ninety two is the text number. Standard text
fees apply, as I say. Paul Goldsmith with us after
five o'clock now. On social media, an online course has
been launched to help parents navigate social media with their kids.
Researchers found that more than a third of parents feel
out of their depth and nearly one in five experienced
meltdowns or arguments and trying to manage devices. So Spark
has worked with the Parenting Place to develop what they're

(02:55):
calling Social Media Sorted, a parent's guide in place. Coach
Sheridan Ekatorne is with us now, Hi, Sheridan, Hi, Is
this for kids of all ages or is it just
a specific age group that you're aiming this at.

Speaker 3 (03:10):
Yeah, really good question. So social media has been designed
for our tween and teenage kids who are contemplating using
social media or already might be using social media.

Speaker 2 (03:23):
Okay, And so what kind of advice are you giving
the parents? Is it for how much social media the
kids should be using, what protections there should be in place,
or how to deal with the child coming up against
you and arguing it?

Speaker 3 (03:34):
Yeah, how did you know that there might be some arguments?
I think this is a driving force. You know, we
have seen a lot of parents that come through our
services and that overwhelmed because social media can quickly take
over a teen's world. So the course is really built
to give parents the understanding of what are other risks

(03:57):
for social media, how do we set up safety rails
for our teams, and how most importantly do we walk
alongside them as they're navigating this online space.

Speaker 2 (04:09):
So is this discipline like, is it teaching parents how
to discipline, how to hold the line on the thing,
or is it more practical in terms of listen if
you want to be able to see what your kids
are doing on a particular device, you can download this
app or that app.

Speaker 3 (04:24):
Yeah, so I think the thing I love about this
online course is it gives all the perspective. So we're
going to unpack with a parent, what are the risks,
how do we keep them safe? What do we need
to think about, you know, screen time? How much too much?
I love this idea of considering if our teams are

(04:45):
so much on screens, what are they saying no to
how are they kind of not interacting in the real world.
So it's super practical, but it's also understanding that we
actually want to walk alongside our teams and we want
to stay in the relationship so that if something happens
online which we know it, can they know that we

(05:06):
are the resource that they can come to.

Speaker 2 (05:08):
Sheridan, it sounds like you're having to convince the parents
of the fact that social media for kids is bad.

Speaker 3 (05:14):
I think that it's quite clear, there's lots of evidence
around it the moment that social media is tricky, and
I think, yeah.

Speaker 2 (05:23):
I know that you know that, but are the parents
out there for whom you actually have to explain this,
Like you having to say to parents, Guys, if your
ten year old is spending four hours on Instagram, that's
actually really bad for them. Are you having to actually
convince parents of this?

Speaker 3 (05:38):
No, I think most parents are aware. What I think
often happens though, is it because there is a lot
of information out there. They just get overwhelmed, so they're
seeing the ramifications of social media in their home, or
they've got a tween ager who's desperate to get social
media and they just get overdone and they don't quite

(06:00):
know where to turn to. So often, you know, absolutely
we need to advocate for safety for kids online, but
that needs to be in collaboration with giving parents the
tools and the understanding of how they can support their
teenager to you know, develop that critical thinking lens towards

(06:21):
social media.

Speaker 2 (06:22):
And as part of this, are you telling parents these
are the available apps, these are the safeguards you can use.
Are you telling them that stuff as well?

Speaker 3 (06:30):
Yes, we are. Yes, we are encouraging them around social ing,
around different settings within apps, you know, so really practical.
We're also giving them, you know, scripts and guidelines as
to how we can have those conversations. Because one of
the most important things we want to do is leaves

(06:51):
with curiosity? What do you love online? Do you know
that when you hit that heart? But isn't that's feeding
a thing called an algorithm? You know, we can really
help shape the team's experience on social media.

Speaker 2 (07:05):
Sheridan, thanks very much, appreciate it. Sheridan Nekatna Parenting Place
parent coach. There's an I have a question for you.
This is gonna sound like I've formed a view on it,
and maybe to some extent I have, but I am
actually open minded on it. And this is a genuine question.
Is it that hard to parent your kids around social media?
Like it's so hard that we have to have a

(07:27):
telco get together with some parenting coaches and write an
online we've got because aren't you just like, surely to God,
you just I've obviously made up my mind. Surely to God,
you are just applying the same principles as you do
with everything else. When when you're parenting right, the kid
wants a chocolate bar, you go, no, it's five minutes
before dinner. You're not gonna have the chocolate bar. You're
gonna eat spaghetti bo No, No, I don't care if

(07:48):
you cry, You're not gonna get it. It's just not
how it works. Like that's what you say around sugar. Right,
it's seven o'clock at night. They're in the pajamas, they're
about to go to bed. They want to around outside
and play it. Jump on the tramp. No, you're not
gonna jump. You going to bed, so are Why when
it gets to social media, do we not just go no,
you're ten years old, You're not going to have an
Instagram account. Why are we all of a sudden, like,
h can somebody tell me how to do this parenting thing?

(08:11):
What's going on? Why aren't we using the same principles
and just going no, you are still my child and
I'm in charge. You're not doing it? Please explain to me,
because maybe this is an age and stage thing and
I haven't got there yet. Nine two nine two By
the way over in Australia, this is going to kick off,
mark my words. Looks like some of the Isis brides

(08:31):
are going to be arriving in Australia, maybe as early
as tomorrow. We've got four women and nine children in
coming from Syria about preparing to leave Damascus right now,
will have already left the coppers or the authorities or
whoever over in Australia have how to press conference and
said these guys, some of them are going to be
arrested and charged when they arrive. They may have committed
Commonwealth offenses, including terrorism offenses like entering or remaining in

(08:52):
declared areas and crimes against humanity. Keep an eye on
that because very few people in Australia want these people back.
Sixteen past four.

Speaker 1 (09:01):
It's the Heather to Bussy Allen Drive Full Show podcast
on iHeartRadio powered by News Talk zeb.

Speaker 2 (09:08):
Bless you, Heather, you just haven't got there yet. No,
maybe not, but I've got a bunch of texts coming
in from people who have got there yet, So we're
going to get to it. Nineteen past four.

Speaker 1 (09:16):
Sport with Generate celebrating great performances in sport and key
we Saver accounts.

Speaker 2 (09:21):
Darcy Watergrave sports talk hosters with US. Hello, Das, where
are you going? No, don't worry about it. I'm going
to talk to you about more onea Pacific about what
the hell is going on here?

Speaker 4 (09:30):
Ah?

Speaker 5 (09:30):
I don't know this said? They said? Who said? The
truth is somewhere in the middle?

Speaker 6 (09:35):
Right?

Speaker 5 (09:35):
Three size Tavy story, My side, your side in betwixt
is the truth. So I've got this from Rob Nickel,
head of the Rugby Plaza associasht you took a bit
of grief today on the Hosking Show at the hands
of Tracey Yachtinger, who's the CEO of this. I ain't

(09:55):
saying new because they've been around long time, this group
who are trying to take over for Moana Pussyfiker, but
they claim they're being rightly ignored by the people at
Mowana Pussifiker. Debbie Sorenson's the CEO there. So there's all
these accusations. So here's what I've got from the Players Association.
We understand that Tracyartinger and or kind of lower that's

(10:16):
the name of the group we're in discussions with PMA.
That's the people who own Moana Pussifka and perhaps Inzid
are on potentially either taking on the Mauana license or
becoming a partner with PMA. We are not across the
exact nature or detail of these discussions at all. To
be clear, we were not involved in that process at

(10:38):
all and have certainly not seen any proposals or documentation
relating to it. Over the weekend Tracy Artinger reached out
to me via text. I encourage her to direct any
proposal she may have to inzit are in the first instant,
given their role as the license holder and the fact
there is now a level of urgency. Also said she
was welcome to copy myself and Harney to Poland from

(11:00):
the Pacific Rugby Players Association with any correspondence or proposal
seeing something.

Speaker 6 (11:05):
Directly if you wish.

Speaker 5 (11:06):
Today we have received nothing at all, continuing to work hard.

Speaker 2 (11:11):
Does she seem to have blamed him basically for blocking
it right? And there does seem to be from what
I hear from you guys in the sports team, a
reasonable amount of beef that goes back a fair way.

Speaker 5 (11:21):
Yeah, there for what I while I was listening to
discussion that you were party two as well, there was issues,
but I don't I don't recall. I don't remember. It
wasn't there, So whatever there are, I mean.

Speaker 2 (11:32):
It sounds like it could be a clash of personalities.

Speaker 6 (11:34):
Well it could be.

Speaker 5 (11:36):
It seems odd when it comes to sorting out the
future of a super franchise that should just be pushed
to one side. But when someone's saying no, you said,
I said, they.

Speaker 7 (11:44):
Said, it's just difficult.

Speaker 5 (11:46):
Just makes it hard because no one wants to talk
about a really uncomfortable subject. No one wants to be
caught in between. And a lot of people involved with
my one A PACIFICA, Hey, we're trying to save our franchise.
We're not climbing on air to sling crap for each other.
And I get that as well. They just don't want to.
I suppose you'd say, dignify what Tracey should be the response?

Speaker 2 (12:07):
Maybe maybe darn thank you. Looking forward to hearing your
show this evening.

Speaker 5 (12:11):
A pretty weeper's on the show as well, talking about
the loss of cam Roy Guard from one great hurricane
halfback to another.

Speaker 2 (12:17):
You don't love it, does the water Grave sports tape Coast.
We'll be back in a seven two. So if you're
thinking about starting to invest, but you're wondering whether now
is the right time, that is a sensible question and
we've got Nigel Grant, head of Wealth Products at ASB,
to give us his perspective. Welcome Nigel, Thanks you.

Speaker 8 (12:33):
Even though investing has ever been more accessible than it
is right now, it's still hard to know where to
start and win the right time. The truth is the
best time to start investing with yesterday and the second
best is today. It's just best to start.

Speaker 2 (12:45):
What should kiwis be considering, Well.

Speaker 8 (12:48):
A few things, but they all come down to what
you're investing for ultimately. This includes time frame, appetite for risk,
and long term goals. But being clear on these few
things will help you choose whether you need to manage
fund in which the fun you need to be in,
or whether you're a di wire. Either way you're a
bit of both can be right for different people.

Speaker 2 (13:05):
Yeah, and what about all of this market volatility we
keep hearing about.

Speaker 8 (13:09):
Well, it's really interesting because a lot of markets are
actually record high, so it pays to know the full story,
not just for headlines. There's always going to be uncertainty
around the world, and investments will usually recover before everything clears,
which reinforces the benefits of staying invested throughout periods like this.

Speaker 2 (13:25):
Yeah, Nigel, thanks very much. That was Nigel Grant from ASB.
Now remember the ASB team have a variety of investment
products and experts to help you make the best decision
for you. ASB invest it pays to know the.

Speaker 1 (13:37):
Day's newspeakers, talk to Heather First, Heather dup Cell and
drive with One New Zealand and the power of satellite
mobile news source v Now on.

Speaker 2 (13:46):
The subject of sport in z Are has finally agreed
to an ANZAC day test between the All Blacks and Wallabies,
and it sounds like it's going to cuck off next year. Now,
this has been a long time. There's actually been a
really long time coming because Rugby Australia has been asking
inst Are New Zealand Rugby about it for a while,
ask him whether it was possible and for a mahotmanute
there ends it. Our sounded like they were interested and
then they backed out of it. Now they're interested again.

(14:08):
And it's basically because Dave Rennie says, yes, it's a
good idea. Dave Rennie thinks it's a good idea because
it gives him one extra test before the World Cup, right,
so he gets to kind of get the All Blacks going,
It gets to assess them slightly earlier in the year
and start start basically preparing for the World Cup. Now
it sounds like a good idea, but I want you

(14:28):
to consider this right, maybe last year this would have
been a good idea, but what happened this year on
ANZAC weekend we had the Super Round and that was
a raging success. So we've just done something that might
actually be good for super rugby, might actually start lifting
super rugby and might actually be a success. And then
after one outing of it, and when everybody's fizzing, we

(14:49):
decide we're going to have an ANZAC test instead, And
you can't do both on the same weekend, So I
don't know is it a good idea In the end.
Hither it is bloody hard. With the kids, it's a
battle with social media. Sixteen year old daughter scares me sometimes.
Hither it's just too easy and people don't care what
the kid's doing as long as they're quiet, mainly because
the parents are on Instagram and Facebook as well. Heather

(15:10):
I have three kids age thirteen, eleven, and ten. We
have very much of the view that social media is
a no until at least sixteen. We have open conversations
with our kids about it and why we have made
that decision, but we also tell them that as their parents,
we're making those decisions until they're old enough to make
their own decisions. We let the message through messenger kids,
but we can see all their conversations and they can't
delete anything.

Speaker 6 (15:33):
Hmmm.

Speaker 2 (15:34):
I think it just does. It does come down. It's
just boundaries, isn't it just boundaries? Anyway? Operation Epicure with
Dan Beginson next day.

Speaker 1 (15:43):
The name you trust to get the answers you need,
it's Heather duplicl and Drive with one New Zealand coverage
like no one else used talk.

Speaker 3 (15:52):
They'd be ba.

Speaker 6 (15:56):
Ca charls.

Speaker 2 (15:57):
When do you like? Dan Mitchinson is standing by with
us shortly and Barry Soapa was going to run us
through what Shane Jones had to say at his speech,
which apparently has gone down quite well in some quarters.
He's with us in ten minutes time. I have some
exciting news to you here. I was excited yesterday that
the hot babe, Pierce Brosnan was in the country. Never
mind Pierce Brosen, and Jennifer Coolidge is in the country, guys,

(16:21):
that's properly exciting. Jennifer Coolich is the funny one from
White Lotus whoever. Everybody was gutted when she died. She
was at the vintage store Clothing Vintage clothing store, dead
Man Vintage on the corner of Ponsonby Road and cut
along a Huppy road. At some stage they took a photo.
They put it out there. She's here for the Minecraft sequel.
Sie don't know. If you're floating around Weirdley, Auckland or Huntley,

(16:42):
you might see her around twenty four away from five.

Speaker 1 (16:45):
It's the world wires on Newstalks Eddy Drive.

Speaker 2 (16:48):
So Donald Trump has boot the plan to escort the
ship through the Strait of Horms on hold. He says
great progress has been made towards a final peace deal
with Iran. The US State Secretary Marco Rubiosa is the
current situation in the Strait is not sustainable, Okay.

Speaker 9 (17:02):
It cannot be that you have these strengths and they
blow up any ship that moves and the only ships
they get to go through where there is. You can't
have a situation in which the streets are close to
everyone else but they benefit from the piracy.

Speaker 2 (17:12):
That can't happen.

Speaker 9 (17:13):
That's why the blockhead is in place, and that's why
these sanctions are crippling them.

Speaker 2 (17:16):
Over in Australia. As I was telling you, four Isis
brides and their kids are set to land in Australia
tomorrow after years of being stranded in a refugee camp
in the Middle East. The opposition leader has called on
the government to turn them back at the border.

Speaker 10 (17:28):
The government should have made every possible effort to keep
these people out of the country.

Speaker 8 (17:32):
They have been part of an extremist cult.

Speaker 2 (17:37):
The Home Affairs Minister says there isn't much he can do.

Speaker 7 (17:39):
There are very serious limits on what can be done
with respect to preventing a citizen of a country returning
to their country.

Speaker 2 (17:47):
And finally, what's it going to do. The mascot of
the bakery in Boston has been kidnapped. The bakery's cowers
is that when Swirly the plastic ice cream disappeared from
out the front of the bakery, he'd been blown away. However,
she then spotted him in a nearby dorm window. Now
she wants him to be returned. She says she will
happily hand over baked goods as a ransom.

Speaker 1 (18:10):
International correspondence with ends and eye insurance peace of mind
for New Zealand business.

Speaker 2 (18:16):
Dan Mitchison US correspondents. So that's hello, Dan.

Speaker 11 (18:20):
We don't negotiate with terrorists, even if they still are bakery.

Speaker 2 (18:25):
Our giant ice creams giant plastic ice creams. Hey, where
are we at with the old funders of the terrorists?

Speaker 11 (18:33):
Well, the Secretary of Defense Peet Headseth, said today that
the ceasefire is holding for the time being, and as
you just heard both the President and Marco Rubio said,
Operation Epic Fury has ended, basically, and they're focusing on
this operation to get the ships through the strait of
horror moves. You know, there's a lot of concern over oil,

(18:55):
obviously in gas prices right now, which is the oil
has been top and one hundred than three dollars a
barrel right now. Gas prices in California highest in the country,
topping seven dollars a gallon, which I know doesn't seem low,
and overly a large amount to you guys down in
that part of the world because you go buy leaders
and you do have expensive gas. But you know, it's
put the brakes on a lot of traveling over here.

(19:16):
So there's also buzz too. The President is thinking this
war could gone for another you know, two three weeks,
maybe a little bit longer than that, which is, you know,
certainly longer than he originally said there would be US
involvement at least at this level.

Speaker 12 (19:30):
Right.

Speaker 2 (19:30):
Why do you think he pullsed the plan to help
the ships out by guiding them out through the Strait?

Speaker 11 (19:36):
Boy, I wish I could be a fly on the
wall and understand why he did that. I think right
now he's trying to buy it some more time. I
think he's trying to show that he he that the
US has control of the Strait. Iaron is disagreeing with it, saying, no,
the US doesn't. We do. There's certainly been a few

(19:57):
attacks on ships that have gone through that, but you know,
the President says, hey, you know what, We've got control
of this thing, and it's going just like we wanted
it too, and hopefully there'll be fewer casualties as this progresses.

Speaker 2 (20:08):
Yeah, I mean it comes at the time obviously that
I think it's the Iranian foreign ministers over in Beijing
having chats with Chinese. I wonder if what they are
doing here, this is your administration is hoping that the
Chinese may be able to talk some scenes into the Iranians,
put some pressure on them. What do you think, Well,
it could they could.

Speaker 11 (20:26):
I mean, they'd certainly be more willing I would imagine
to listen to a third party like that and maybe
make a deal of their own. Then they would, you know,
just as there's been some backdoor conversations reportedly with Russia
and a few other countries, then they were dealing straight
with the United States to see if they can get
this over with sooner rather than later.

Speaker 2 (20:45):
Now, what's the problem. Why don't people want to go
to the Football World Cup?

Speaker 11 (20:48):
Well, I mean, I don't think it's a secret that
a lot of Europeans and Canadians, I mean this started,
you know, a year ago or more than have made
other summer travel plans because of you know, how the
Trump administration over here, there's issues within migration. It's a
lot harder to get a visa to come over here.
And then with the World Cup around the corner, we're
finding that eighty percent of the hotel operators in nine
of the host cities here out of the eleven say

(21:10):
reservations are running way behind projections even though they've sold
something like five million tickets. FIFA canceled or released about
seventy percent of their room block, so that flooded the market.
Now they're getting cancelations of like eighty ninety ninety five
percent of some of the inventory. And President Trump has said,
you know all along that this tournament is going to
have a huge impact on our country. I mean, thirty

(21:32):
billion dollars that'll be flooded into the economy. It'll create
several hundred thousand jobs. I think personally that sounds like
a very big number, and a lot of jobs created,
even if you factor in you know, minimum wage, you know,
stadium support or ticket agency stuff like that.

Speaker 2 (21:47):
Interesting. Hey, Dan has always good to talk to you, mate.
We'll talk to you in a couple of days. Dan Mitchinson, US,
corresponding nineteen away from five a d.

Speaker 3 (21:55):
What is so?

Speaker 2 (21:57):
Donald Trump seems to have renewed his criticism of the
Pope again. He was giving an interview with some conservative commentator,
Hugh Hewittt, and he said, the Pope would rather talk
about the fact that it's okay for Iran to have
a nuclear weapon, and I don't think that's very good.
I think he's endangering a lot of Catholics and a
lot of people. Now who cares. That's not the worst
thing he said about about the pope. But the problem is,

(22:19):
of course, Marco Rubio is supposed to be going to
the Vatican this week, so just sparks all that crap
up again, doesn't it. Now? The employment rate, the unemployment
rate actually not too bad today. So it was five
point four, it's come back slightly. It's now five point three,
which means basically in numbers terms of numbers, we have
two thousand more people who have found work. So so far,
so good. But the problem with the number is, of

(22:40):
course it's not being feltg what's going on with jobs
is not being felt evenly across all of the regions
in this country. So when you lift the hood, as
they say, and you look underneath, you start to get
a bit of a clearer picture of what's actually going on.
It's bad in the cities. So Auckland's unemployment rate has
gone from six point four to six point six. Is
six point six, right, compared to five point three across

(23:00):
the country. Six point six. This is the highest unemployment
rate in Auckland in twelve years. Wellington's unemployment rate's also
gone up quite a big jump there, five point eight
up to six point three. That's the highest rate since
twenty fifteen. The highest regional unemployment rate is the Bay
of Plenty, which has gone from five point seven to
seven point one, which is a really big jump. Young people,

(23:21):
as you can imagine, being hit the hardest. The proportion
of youth aged fifteen to twenty four who are not
in employment educational training, which they call a NEAT, has increased.
It's now fourteen point four percent as opposed to as
I say, what it is on average, which is five
point three. Young women are having an even harder time
than young men. That's gone up nearly two percentage points
to twenty point three in the March quarter. Wages are

(23:42):
not keeping up with inflation, so the inflation rate is
sitting at three point one. Wage increases only two percent.
Brad Olsen will talk us through this, and the underutilization rate,
by the way, indicates there are a whole bunch of
people out there who actually do want to work and
just can't find the work. Brad Olsen will be with
us after five o'clock and took us through it.

Speaker 1 (23:58):
Seventeen away from five Politics with Centrics credit check your
customers and get payment certainty.

Speaker 2 (24:04):
Paul Goldsmith on scrapping the BSA with us after five o'clock.
It's fourteen away from five, and Barry Soaper, Senior Political
Correspondence with us.

Speaker 6 (24:10):
Hello Berry, good afternoon, Heather.

Speaker 2 (24:12):
You as surprised as I was that he's decided to
do this.

Speaker 6 (24:14):
Well, there's been so much talk about it that was inevitable.
It was only going to be a matter of time.
But look appointing made today I thought was a very
good one. He said that audiences these days move seamlessly
between traditional broadcasting, on demand services, podcasts, online platform and
yet just a few of them are subject to the

(24:37):
BSA's regulatory oversight. So it doesn't make sense basically to
have a body like the BSA, And of course by
scrapping it well will be self regulation. But like the
New Zealand Media Council, which is the old press Council,
that's paid for by the industry, and it means that
you know, if you're publishing something, you've got to be

(24:58):
reasonable and I think you know most people are reasonable
without anybody looking over their shoulders see if they're doing
the right thing. It'll save the taxpayer money as well.
I find it extraordinary that the chief executive of the BSA, Stacey,
would she received two hundred and eighty thousand bucks last
year or the two thousand and twenty four to twenty

(25:19):
five financial year and the board members each they receive.
She receives another fifty two thousand, two hundred and sixty
as the chairperson of the board, and the others they
received between John Gillespie, former TV and Z Chairpie gets

(25:40):
just under twenty nine thousand bucks a year for sitting
on it, and the others get thirty two thousand, thirty
one thousand. I think it's money just badly spent. It
doesn't mean anything. It's a bit of a slap on
the wrist with the wetbus ticket, although some companies have
found themselves having to pay out several thousand dollars of.

Speaker 2 (25:57):
The She's good the way Stacey would like. When this
thing gets disestablished, I hope she gets heaps of job
offers because I actually quite rate her.

Speaker 6 (26:04):
Well. I don't know much about.

Speaker 2 (26:06):
Having said that, she did make a really bad decision
to start going after the entire Internet.

Speaker 6 (26:10):
So you know they'll be wooing the day that they
went after the platform because.

Speaker 2 (26:15):
They started their own demise.

Speaker 6 (26:16):
They actually were the author of their own misfortune.

Speaker 13 (26:18):
Yeah.

Speaker 2 (26:19):
Absolutely, Now, what did you make of Shane Jones's speech?

Speaker 6 (26:21):
Well, Shane Jones, I've often said, is in the mode
of the old time orators, and I do really enjoy
him as a bit of entertainment, I suppose. But he
did drop a couple of hints with the upcoming maybe
coalition negotiations, he said. He hinted at lower taxes for

(26:43):
smaller businesses. He said, there will be a plan to
break up the power companies and that'll be number one,
he said, on the agenda when it comes to any
coalition negotiations. And he said that, but he was gagged
by his leader, Winston Peters for having a crack at

(27:06):
Sam Neil the actor for being against mining in his area.
He quoted Peters as telling him, Shane, have you looked
at how many Facebook followers and Instagram followers that Sam
Neil has? I said, no, he said three times the
number of people that voted for New Zealand first shut up.

Speaker 2 (27:25):
To be fair to Shane Jones, hopes of those people
will be Jurassic part fans from overseas. Of course they will,
but they don't count.

Speaker 6 (27:32):
But he said, and in the coalition rumbles that we've
seen lately, he said, look, the point is the Coalition
is a serious group of people. He said, we're professional politicians,
so With that in mind, Jones was asked his view
about rough sleepers, which are becoming more common around the country,
and have I listened to what he had to say.

Speaker 12 (27:53):
I do not subscribe to the notion. And I went
to an Anglican married boys' school, so I've had a
good dose of call upbringing. But I do not subscribe
to the notion put around by the Salvation Army that
clearing our roads and streets of vagrance is somehow worsening
or vilifying those people. Absolutely not. I resent coming to

(28:17):
Auckland bringing my mum my Fano, and I'm a pretty
big guy, and I know I look after myself, but
I resink seeing these people blighting our streets, intimidating people
and then telling me that they're the victims.

Speaker 2 (28:33):
So if you gave me a.

Speaker 12 (28:35):
Big van, I'll start clearing about at eight o'clock tonight.

Speaker 6 (28:39):
So there's no guessing about where he stands. But you know,
I've got to say, I go for a walk up.
I call it Cracker Happy Road because it's a bit
like people are on drugs all the way up over
the weekend with my baby daughter, and you know, I've
been attacked many times in the.

Speaker 2 (28:56):
Last come verbally though verbally oh well.

Speaker 6 (28:59):
I think if I remonstrated it might have been a
bit more than verbal. But and normally the moldy women
that have been attacking me.

Speaker 2 (29:07):
So you who are on drugs, presumable totally.

Speaker 6 (29:11):
On drugs, no doubt about it.

Speaker 2 (29:12):
Yeah. Hey, listen really quickly. Who's coming to PIFF next year?

Speaker 6 (29:14):
Well, I think it's great because the Solomon Islands Prime
Minister he blocked the non Pacific Island Forum countries from
attending the summit and the Solomon's last year. Well, now
New Zealand is going to invite the United States, China,
and Taiwan to next year's Pacific Island Forum, which will

(29:35):
be held here in New Zealand. And I think that's
a great thing because I think they've got a right
to ever say they've got a they've got the skin
in the game in the Pacific, particularly China, because you know,
they fund a lot of developing countries in this part
of the world.

Speaker 2 (29:51):
Good stuff, Barry, Thanks very much, Barry, so per senior
political correspond to listen to some drama that's unfolded this
afternoon with the Voyage Media Awards. I'll get you across
that next eight away from five.

Speaker 1 (29:59):
Here self think it's the Mic Hosking Breakfast.

Speaker 2 (30:02):
What do you got for the recording?

Speaker 7 (30:04):
We are expecting five point five percent for the unemployment.

Speaker 10 (30:07):
Rate, and we're expecting.

Speaker 8 (30:08):
A marginal lift in jobs.

Speaker 14 (30:10):
But with migration ticking up a little bit, we just
think that there'll be more people.

Speaker 3 (30:14):
Jumping into seat jobs than we will create over the quarter.

Speaker 15 (30:18):
What's that, Tellers, given its pre war Yeah, that's the challenges,
but it is telling us, hopefully that we did have
the economy still starting to.

Speaker 6 (30:25):
Gradually recover and going.

Speaker 14 (30:26):
When you're looking at the.

Speaker 8 (30:27):
First quarter of the year, it's always possible about.

Speaker 7 (30:30):
Hiring to damp in a bit.

Speaker 16 (30:31):
Really late in the month, people were saying that their
employment over the.

Speaker 2 (30:35):
Previous three months had softened.

Speaker 6 (30:37):
Back tomorrow at six am the Mic Hosking Breakfast with
a Vida News Talk ZB.

Speaker 2 (30:43):
All right, let me get you across what's going on
with the Voyager Media Awards. By the way, it's five
away from five, so the Voyager Media Awards are no
longer the Voyager Media Awards as of a few hours ago.
There and now just I'm assuming that media awards and
this is because Voyager has lost the naming rights because
the new I think they called the News Publishers Association anyway,

(31:03):
the other people that the actual people who run this event, right,
they have cut ties with Voyager who have the naming
rights because the founder and the CEO, CB Woodhouse has
published something on Twitter that is not in keeping with
the values of the MPa. Now, basically no one is
reporting what it is that CB has said, but I've
seen it, so I'm going to tell you what it is.
CB has retweeted a post that someone else posted which

(31:25):
talked about Jews, and it described it and not at
all in any way like there is no way that
you would start reading that post and think, oh, this
is nice about Jewish people, Great, we should repost this.
It is it is hideous about Jewish people. It's refers
to them as the bloody Jew and basically it's it's
minecomp theory and oh look at the end of it,
guess what. There is a picture of a page from MINDCMP. Now,

(31:49):
to be fair, reposting something is not necessarily endorsing it
or agreeing with it. But generally, if you are reposting
something that you disagree with, I would expect that you
would make that clear in the r posting, so anyway
you can draw your own conclusions from it. So I've
got in touch with the voyages and said, well, I'm
gonna talk about I'm gonna tell people what he said,
what he's done here, what is retweeted? Can you can

(32:10):
you come back to me? And Cebe's statement is late
at night, which, to be honest, is literally just landed
in my inbox about three minutes ago. Late at night,
I retweeted a post without reading it fully. When it
was raised with me, I removed it immediately. I was
wrong to accidentally retweet it. There are no caveats to that.

Speaker 3 (32:25):
Now.

Speaker 2 (32:26):
The problem with Ceebe Woodhouse and I got no problem
with this guy. He's obviously very good at business and
he should be very proud of himself. But this is
the second time that Cebe Woodhouse has reposted or said
something that is anti Semitic online. I think it's in
both cases reposting and then afterwards gone whoops. I didn't
realize you can't keep doing that and have people believing it.
And I also want to know what the bloody hell

(32:47):
is going on, genuinely, what is going on with this
world right now. We've got an inquiry underway right now
about the anti Semitism that has led to people shooting
people in Bondi Beach just across the ditch from us.
We've got people stabbed for being Jewish in London. We've
got one of our leading business people retweeting anti Jewish

(33:07):
sentiment like it's not even one hundred years later. Guys,
it's pretty quick turnaround on that one, I would say,
Paul Goldsmith on the BSA next stay, how aren't you

(33:30):
I need you?

Speaker 13 (33:31):
Oh?

Speaker 17 (33:32):
God, uh.

Speaker 2 (33:34):
Need It's beautiful, says it.

Speaker 1 (33:38):
Oh the only drive show you can try to ask
the question, get the answers, find a fact and give
the analysis. Here the duplicyl and Drive with one New
Zealand and the power of satellite mobile news talk.

Speaker 4 (33:56):
Said, be.

Speaker 2 (33:58):
Good afternoon. After months of thinking about the governments announced
it as scrapping the Broadcasting Standards Authority, saying it is
designed for an environment that's rapidly disappearing and in its
place government's looking at self regulation options. The Media and
Communications Minister Paul Goldsmith is with us. Hello Paul, Hello Heather,
how are you very well? All the better for this news.

(34:18):
I'll tell you that what finally got you over the line.

Speaker 15 (34:22):
Ah, well, we just went through a process, made a
cabinet decision, cabinet agreed, and we're on to it. And
so it's going to require, you know, changing the legislation
or repealing that element of the legislation. And as you say,
the world's moved on. It's obvious to everybody how we
get our information is changed dramatically, and it was sort

(34:43):
of looking after a thin slice of broadcasting and so
no longer made sense.

Speaker 2 (34:49):
Do you expect that that broadcasters will simply fall in
under the Media Council like the newspapers.

Speaker 15 (34:56):
Yes, I think that's the most likely outcome. But you know, ultimately,
when we talk about trust in the media, then you
know that's that's the that's the role of various broadcasters
and to build levels of trust and how they do
it is something that they need to work through themselves.

Speaker 2 (35:14):
What are you going to do? Though, So, so, getting
legacy broadcasters like ZB Radio New Zealand, tv Z and
whatever to go in under the Media Council doesn't really
fix the problem that the BUSA had, which is they
want to get their hands on the platform and reality
check radio or whatever it's called. What are you going
to do about that?

Speaker 15 (35:30):
Well, my viewer is you know, that's up to the
to the listeners to decide.

Speaker 9 (35:35):
You know, if.

Speaker 15 (35:36):
If if a particular radio or TV or or print
or a mix of the through society that doesn't want
to go through that process, then they need to explain
to their listeners or viewers why not, and people will
have a judgment whether they want to listen to them
or not. They don't switch it off.

Speaker 2 (35:54):
It's often or yeah, you don't have to be part
of the media council.

Speaker 15 (35:57):
Okay, yeah, now, yeah, people need to explain it to them.

Speaker 2 (36:00):
Yeah, when did you tell the BSA and how did
they react?

Speaker 18 (36:04):
Uh?

Speaker 15 (36:04):
Well, I gave them a heads up before the announcement.
And look, they're very professional and this is not a
you know, I'm not critical of them. They're doing their
best job within the confines of the legislation. That they've
got good people. It's just that you know, things have
moved on. Actually, if you read there and your report,
you know they make the same point that the legislation
no longer makes sense. So yeah, they understood.

Speaker 2 (36:29):
What do you think that they are aware that they
have basically created their own demise by the overreach.

Speaker 15 (36:37):
Well, look, I'm not going I'm not going to get
into the passing or making judgments on their decision.

Speaker 4 (36:44):
That that's how they go.

Speaker 2 (36:46):
Like even you don't have to make a judgment on it. Right,
that is clearly the sequence of events. Right, they decided
to go after the platform. It drew attention to them. Here,
we are you scrapping it? So they started this? Are
they aware of it?

Speaker 15 (36:59):
Well, that's something you could ask them. What I suppose
it drew out was the fact that there was a
slice of what was going on that was being covered
by their regulation and by the legislation, and it didn't
There was no particular logic to why some people were
covered and some people weren't. And like I say, we
had to We could even leave it like that, or

(37:21):
we could do away with it. And I think the
simplest thing is has had its time. The time has passed,
and now we'll go into a period of a self
regulation for the industry and we'll see how that goes.

Speaker 2 (37:31):
Okay, now, just give me a date when by when
I should expect them to be scrapped, so I can
start planning the party.

Speaker 15 (37:37):
I can't give you a date. It relies on the
legislation being passed, and we're a very busy government, and
so I'll be going to the Leader of the House
and my colleagues trying to get it through as quickly
as possible. But there's plenty of things.

Speaker 2 (37:49):
Keeping an eye on your Goldie, I'm keeping an eye.

Speaker 15 (37:51):
Yes, I know, I know, I know You're very hard
to please.

Speaker 2 (37:54):
No, I am pleased today, Consider me pleased. Thank you,
Paul appreciated. Paul Goldsmith, Mediacasians Minister five to eleven. Ever,
due for the Ellens, the unemployment stats are out and
not much has changed. We're now sitting at five point
three percent, slightly but down from the five point four
percent previously. The principal economist at Infometrics is, of course
Brad Olson, who's with us. Hi, Brad good evening. Now,

(38:17):
Explain to me, how is it that the unemployment number
has hardly moved when we are supposed to be feeling
the economic effects of the Iran Is this just the
lag effect.

Speaker 14 (38:25):
Effectively, Yeah, there's not a lot. In fact, there's basically
nothing in these figures that really show anything from the
conflict over in the Middle East. The survey was taken
over the three months to March twenty twenty six, so
you've had two months there where nothing was happening in
the Middle East or certainly no conflict like we saw afterwards.
But even then, if you sort of think about how

(38:46):
people are employed, it wasn't like people went out on
the first of March and started to fire the workers
on mass It was more that there might well have
been a little bit less hiring over that month. But
really we're talking things at the margins effectively going to
be will show through more of an impact potentially in
the quarter we're currently in, the three months to June,

(39:08):
but even then we're probably not expecting a huge amount
more at infmetrics, for example, we're expecting that you could
potentially see the unemployment rate increase up to sort of
five percent. It's more that those hiring intentions are likely
to be more subdued. Ie businesses probably won't be I
guess as keen to hire into the future, just because
of how uncertain things are. But that's very much in

(39:29):
the future, whereas the starter today was very much looking
at the past.

Speaker 2 (39:32):
Now, how do we explain just how hard it is
to get a job in the cities, really the big
cities in the North Island.

Speaker 14 (39:40):
Well I mean that the divergences fairly Starks. You've got
a five point three percent unemployment rate nationally. For the
likes of Auckland and Wellington, you're talking over six percent.
Auckland at six point six percent, the higher since the
March twenty twenty fourteen quarters, so going back over a decade.
For Wellington it's at six point three that's the highest
it's since September twenty fifteen, So things are quite different.

(40:04):
You look though, at other areas, because I think this
is the contrast, right Canterbury sitting at four point four
percent otago three point six percent. The gulf between the
sort of North and South Islands is considerable. And the
worry a little bit for Auckland and Wellington is that
those unemployment rates have increased in the latest quarter, even
though some of the other figures haven't been moving quite

(40:26):
as much. The worry I sort of have looking at
some of these figures is that there's a little bit
of everything happening. There's some employment growth coming through a
number of jobs and people employed rows point two percent
in the quarter. That's good, but you also saw a
number of people move into the non labor force groups,
so they're not technically unemployed, they're just not looking or active,
actively available for work. So that does sort of change

(40:48):
the picture in terms of what we think job opportunities
are looking like. There's a couple more coming through, but
it's not like it's easy for anyone to find a role.

Speaker 2 (40:56):
Yeah too, right, Brad, Thank you as always. Brad Olsome,
Chief executive and principal economists them for metrics, Heather do
after PLU what Barry was just talking about earlier, Shane
Jones's speech to the Auckland Business Chamber. The thing that
I find really interesting about this is that demand for
tickets to see him speak was so great that the
event venue had to be moved, and then it had

(41:17):
to be moved again, and it ended up at the
Cordyce Hotels, so they could absolutely fill the room with
all the people who wanted to see him. Now, that
tells me the level of interest in Shane Jones and
New Zealand First is massive. Why because of the election
coming up. Why because everybody in the business community in
Auckland expects basically New Zealand First to be very influential afterwards.

(41:38):
I would be surprised. I would honestly be surprised if
either National or Labour's people could fill a room like
that at the moment quarter passed. Hey, now, if you
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(42:42):
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Speaker 1 (42:51):
Heather Duplessy, Allen Heather.

Speaker 2 (42:52):
The New Zealand First meetings are full of oldies might
have been true about fifteen years ago, but that was
not an oldies meeting. That was a business association meeting,
right was a Chamber Auckland Business Chamber meeting, so it
was full of business people of all ages, I would
imagine five nineteen Now, apparently there is a growing movement
in New Zealand to keep your cats on your property,
or at least trying to keep them away from the

(43:13):
native wildlife. Doctor Helen Beattie is Managing Director of Veterinarians
for Animal Welfare AULTA at Awhor and is with US
High Helen Hi there Now, this is not necessarily about
keeping them contained inside is It's just about keeping them
on the property. Somehow.

Speaker 17 (43:28):
Yeah, that's correct. So we sort of started off this
conversation a decade or so ago and realized that people
had sort of jumped to assume that we meant cats
inside homes. But that'sually quite difficult to keep a cat
happy for house bound. So I'd like to think about
it keeping them safe and happy at home, but that
can be on the section and using something like a

(43:49):
cat proof fence to stop them roaming about.

Speaker 2 (43:52):
What's a cat proof fence.

Speaker 17 (43:55):
It's worth googling catproof fence or catfence dot co, dot MD.
I think it is. There's some quite funny videos of
cats trying to climb over the top of them. So
they've essentially just got like a little roller thing at
the top. So when the cat, you know, launches itself
up to try and scramble over, it gets a Yeah, I've.

Speaker 2 (44:13):
Seen these one. It's a fence that goes up vertically.
I've just done what you've said of googled it. It
goes up vertically and then it lips back into your property.

Speaker 17 (44:21):
Yeah, that's one option. So they have sort of a
you know, we've seen those around predator proof sanctuary fences
and that sort of thing. But there's actually another type
where there's just like a sort of a rolly wheel
or a it's not a wheel, but a top of
the top of the fence rolls around.

Speaker 2 (44:40):
I've seen that. Yeah, it's hideous.

Speaker 17 (44:48):
Yeah, they're not super aesthetic.

Speaker 2 (44:49):
I would agree with that.

Speaker 17 (44:50):
I'm looking out my.

Speaker 2 (44:52):
Wear is not going to erect these fences.

Speaker 17 (44:56):
Yeah, I mean this is you know, these are the
compromises we're going to need to make, right Like, if
we want to continue to have cats in our lives
and we know that they bring value and they can
be good for our health, and you know this companionship,
et cetera, et cetera, then we are going to have
to make some compromises around how we currently engage with
cats and what we need to do in the future

(45:16):
to case this.

Speaker 2 (45:17):
Is not a bad idea. But Colin just text in
and said, if we can do a halter for the cows,
why don't we do the holter for the cats.

Speaker 17 (45:26):
Yeah, it's not quite I mean, I take his point,
but you're not not quite that simple. In fact, we're
sort of moving towards regulating out the use of electricity
on collars and compending animals. So it's a little bit
of an aberration that we're allowed to do that in cattle.

Speaker 2 (45:39):
Oh it's not It's not cool to shock the cattle,
is it.

Speaker 17 (45:43):
Well, we don't think it's really cool to apply electricity
to animals generally. And yeah, there's certainly been a move
towards moving and like moving away from that with like
dog collars for example.

Speaker 2 (45:53):
I see, okay, Helen, good to talk to you. Thanks
very much for running us through a doctor. Helen beat
Managing Director of Veterinarians for Animal Welfare ALTAR.

Speaker 1 (45:59):
Or two accountability analysis answers here what matters? It's Heather
duplicy allan drive with one New Zealand of coverage like
no one else news talks there be Heather.

Speaker 2 (46:13):
The houses in my neighborhood are in relatively small sections.
My neighbour's cats are kept in with a mesh fence
which extends from the house eaves to the boundary fence.
It seems to work very well, but it looks hideous though.
I'm not going to have that in ramoera Darling five
twenty five. Now you know, I am a fan of
what Chris Bishop and Simon What's are doing to regional
councils by basically forcing them to kill themselves. But I'm

(46:36):
sorry to say this is this by itself does not
solve a problem. It needs to go further. They are
gonna have the forced job cats on these councils. Look
at the case of Auckland. Okay. The Auckland model is
basically what these ministers want for everyone around the country.
They're starting by scrapping the regional councils, and then what
they want is amalgamation, where all the little city and
district councils in an area join up together with the

(46:56):
big regional council and forms one giant super city council
like all Land. But Auckland is not smaller and it
is not more efficient. Auckland is gigantic and bloated. We
have I don't know if you know this in Auckland.
We have one hundred and seventy elected politicians. When you
count up the elected councilors and then all the nobodies
on the local boards, you end up with more politicians
in Auckland than we have politicians in Parliament. That's nutty.

(47:19):
But staff is even bigger. Problems. Spending wise, Auckland has
more than six thousand staff, maybe ten thousand if you
count the water and the transport people. Seventy seven staff
in communications and marketing alone, there are nine hundred and
fifty managers. A third of our rates bills just goes
on paying these staff's wages. That cannot be necessary. The
government has got to force these councils. I'm happy for

(47:41):
them to do their amalgamation, but they're gonna have to
force these councils to fire people once they've amalgamated and
do more with less, because if all this amalgamation is
going to do is to take staff in four or
five different buildings and chuck them all than one big building,
that's not gonna help us cut down on our rates bills, is.

Speaker 3 (47:57):
It ever do?

Speaker 1 (47:58):
For Cea Allen?

Speaker 2 (47:59):
Now we're going to talk next to Brook van Valden
about this business with the citizenship test. Right. Basically, the
news today is that the people who want to come
to the country have to sit this multi choice thing
and they have to get something like seventy five percent
or a B plus score in order to be able
to become citizens. So we asked them, We got in
touch with them in Brooks office and we said, look,

(48:21):
can we have a sample of what this test is
going to look like? And they said, no, we can't
give you the test because then that would defeat the
purpose of the test, which means we've only got one test,
which means think about it. But come on, guys, we've
got to have more than one test, right, There's got
to be more things in this country that we can
test people on that will just fit in one test.

(48:43):
Because if we've only got one test, all it's gonna
take is one bloke to go in that snap snapnap
with his phone, take some photos and share it with everybody,
and they put it on the internet. Have you heard
of the Internet? And then they're all going to be
on there looking at it going, oh, well this has
just learned this sequence number one answer C, number two
answer D. So anyway, that feels like a bit of
a problem. But anyway, Brook van Valden is with us

(49:03):
on this.

Speaker 1 (49:04):
Next on your smart speaker, on the iHeart app, and
in your car, on your drive ho it's Heather Duplicy
Ellen Drive with one New Zealand and the power of
satellite mobile news talks.

Speaker 2 (49:20):
They'd be, hey, I don't want to be the person
who told you who says I told you so, But
I'm going to be Do you remember on Friday when
I told you the horses would be back with the
Crusaders at the game this weekend. The horses are going
to be back with the Crusaders at the game this weekend.
They have just been spotted in the last day also

(49:42):
doing laps of the new stadium. So I don't think
the Crusaders have confirmed this yet, but we're getting to
the point now where we don't know. We don't need
them to confirm it. We can clearly see what's about
to happen. By the way, asb Bank is going to
launch its own version of chersi's I will have a
chat to the guys behind it after six o'clock huddle
standing by, And it's twenty four away from six now.

(50:03):
The government has given us a date for the new
citizen citizenship test for would be migrants. It's going to
be in place by late next year. It's going to
be a twenty question multi choice test and migrants will
need to get fifteen of those questions right to pass.
Brook van Walden is the Internal affairsman to stand with
us High Brook, Hi, Heather, So what kind of questions
are you going to ask, Well.

Speaker 19 (50:23):
The questions are essentially about our shared responsibilities and privileges
of obtaining New Zealand citizenship or you know, to break
it down, obeying New Zealand laws, behaving as a responsible
New Zealander and not acting against the interests of New Zealand,
as well as the privileges of you know, getting passports,
being able to stand for elections, and the rights to

(50:45):
live and return to New Zealand. So the questions I
can't go into detail on the specific questions, but I
can give you a flavor of them about you know,
freedom of speech, freedom of religion, freedom of association, whether
or not men and women have equaled, whether or not
there's protections from discrimination, who can report abuse or violence

(51:06):
towards partners, whether or not we have free elections. But
they're all good things that ultimately everybody in New Zealand
should be proud of, and every new migrant to our
country should also be proud to uphold. So there's nothing
radical in here, but I think it's time that in
our beautiful little country we actually start being proud of
the fundamental basic human rights and democratic freedoms that make

(51:29):
us so great.

Speaker 2 (51:31):
If you have an really excellent migrant, like let's say
a brain surgeon, are we really going to deny them
entry because they don't get fifteen questions?

Speaker 7 (51:40):
Right?

Speaker 2 (51:40):
They have fourteen?

Speaker 1 (51:41):
Right?

Speaker 19 (51:42):
Well, look, if you've got a really great brain surgeon,
we're giving them the tools to succeed with information from
DIA and they just need to use them. The questions
are not designed to be a barrier in terms of
being hard, but they are a barrier in terms of
if you're getting them wrong. Really, we have to question

(52:04):
citizenship there. This is about affirming the rights and responsibilities
and privileges of what we want our shared commitments as
New Zealanders to be. And that means having basic knowledge
of some of our important criminal justice system laws, and
you know, basic things about how we don't discriminate in
this country and that we have equal rights everything that

(52:26):
people should be very proud to uphold.

Speaker 2 (52:28):
Do you I mean, do you get the impression that
that migrants who come to this country don't know how
this place runs. It's not so much if we find
ourselves disagreeing with them. It's not that they don't know,
it's just that they have a different opinion, right, so
they like. What I'm trying to say is being able
to answer the questions does not necessarily mean that they
are going to be good citizens, does it?

Speaker 15 (52:50):
Oh?

Speaker 19 (52:51):
Well, I mean in some areas there where I'd have
to disagree. I mean, I am actually privy to a
lot of citizenship files that come across my desk every week,
and it is the case in some instances which I
won't articulate. So people have made the excuse that they
have broken the law because they have been from countries
where they have different laws and that's not a standard

(53:11):
that they're used to. I would disagree with that. Do
you think that if you are in New Zealand, is that.

Speaker 2 (53:17):
An honest position from them or are they just using
that as an excuse.

Speaker 19 (53:22):
Well, you have to take everyone at face value. But
the important point of this test is coming out of it,
nobody should be unaware. And the one thing that I
wanted to make clear here is that as the Minister
of Internal Affairs, it is under the law that I,
as a Minister, have to have a sufficient comfort that
a person applying for citizenship does understand the responsibilities and

(53:45):
privileges of New Zealand citizenship. Now at the moment and
for quite a while that test has been met by
simply signing a document saying that you do. We as
a government believe that we should actually strengthen that test
and make it apparent that people need to have an
understanding that's been tested.

Speaker 2 (54:03):
Okay, have we just got the one test or have
we got multiple tests?

Speaker 19 (54:07):
There will be one test, so there's twenty multi choice
questions from a range of a larger pool of questions,
and it will be an in person test because originally,
because I'm also part of ACT and want to save
as much money as I can, I did decide not
to go down the online version, which was my first preference,
because AI has taken off so rapidly and it would

(54:28):
be very easy to check the test. So we're reverted
back to an in person test.

Speaker 2 (54:33):
Interesting, Brookay, thanks very much, appreciate it, brook Ban Valden,
Minister of Internal Affairs. Its twenty one or other nineteen
actually away from six.

Speaker 1 (54:41):
The huddle with New Zealand southebyst International Realty, the only
truly global brand at Maths.

Speaker 2 (54:46):
They're on the huddle with us this evening. Jack Tame,
hosts of Saturday Mornings and Q and a and Pillow
Riley I and due, partners of former Business New Zealand
Chief Executive. Highlads here you are good, Thank you Phil,
Thanks for asking Jack, how do you feel about this test?

Speaker 16 (55:00):
I thought it was really interesting that in your first
question the Minister answered by talking about us, saying it's
time for us to be proud about who we are
in New Zealand. It's time for us to be proud
about our values. I mean, I'm yet to be convinced
of the utility of the test. If there are twenty
questions and they're all pretty obvious stuff about rights and freedom,
I would have thought that from any prospective migrant or

(55:22):
citizen in New Zealand who spend enough time here, they're
either going to know these like the back of their hand,
or which isn't necessarily filtering people out. And even if
they don't personally believe in, say the equality of men
and women, they're probably going to know enough to know
what to answer in that situation. I also think it'll
be interesting to see what the questions are when we

(55:43):
have a bit more detail, because I would have thought
that there's a potential for at least some of them
to be perceived as having a political bent, and then
it's going to end up being a whole you know
what storm in the political realm. But yeah, I'm not
sure that any perspective migrant is really going to be
if their personal values are really going to be silted
out by a multi choice tas what do you reckon?

Speaker 3 (56:04):
Fill?

Speaker 7 (56:05):
Well, I agree with it, not because I necessarily think
it'll do a massively different job. But you look at
some of the biggest challenges that are going on a
place like Europe. I was just chatting to a bunch
of German business people a minute ago. One of the
biggest issues in Europe right now is illegal migration and
a feeling amongst the population that they don't welcome migrants,
including illegal migrants, because they don't share the values of

(56:27):
say the UK or France or Germany. You're already seeing
in Australia right now as well, where migrants are speaking
out saying we don't agree with the values, we don't
agree with women having the vote, we don't agree with
freedom of religion. Now, that's a toxic thing, and I
think any government's sensible to say, look, what we're going
to do is institute a tests so when you've got
to cross this line to say you're going to write
down and know that your rights and liberties here on

(56:49):
the liberties of New Zealanders. Now, later on you can
break those liberties if you want to and get arrested
and all the rest. But I think the public of
New Zealand will be more supportive of immigration these kinds
of controls. What we can't do is do nothing they
didn't get about to control have a bad problem here
and then try institute it, because then it will look
like dog whistling. And I agree with Jack, you know,
we don't want to place stuff here.

Speaker 16 (57:11):
That's a really interesting point though, right because the question
is is this going to be a test about their
knowledge of New Zealand rights and liberties or is it
going to be a pledge. And my understanding is that
like New Zealand first wants a citizen's value pledge, so
people will pledge that their values are a certain way
rather than simply arguing, you know, simply answering a multi
choice thing that says in New Zealand men and women

(57:32):
have the same rights. You tick a box and say yes.
There's quite a difference between that as a question and
do you agree that men and women have the same
rights if you get the distinction, Yeah, there.

Speaker 2 (57:42):
Is a distinction. What doing a test, though, Jack, wouldn't
you accept is sort of like a tacit acceptance of
these are the rules in this kind of.

Speaker 7 (57:49):
A tough Yeah.

Speaker 16 (57:51):
I mean it definitely depends on that. It definitely depends
on the question.

Speaker 11 (57:53):
Right.

Speaker 16 (57:54):
But and I mean if if it's asking for any
kind of your personal values in there, than it probably is.
But I mean it is, yeah, it is. It is
slightly different to It's like doing the road code, right,
what are the road rules in New Zealand? Do you
pleedge to follow the road rules in New Zealand?

Speaker 8 (58:10):
They're actually don't think?

Speaker 2 (58:11):
Yeah, that's a fair point. All right, we'll take a break.
Come back in just a moment at sixteen away from six.

Speaker 1 (58:16):
The huddle with New Zealand Southeby's International Realty, a name
you can trust locally and globally.

Speaker 2 (58:22):
Right, you're back of the huddle, Pillow, Riley and Jack
tam I want to get to BSA in just a moment.
But Phil, what's your take on what unemployment is going
to do in this country in the next I don't know,
let's say seven months through the end of the.

Speaker 7 (58:31):
Year, I think it won't go up as much as
we think. The reason is, I think a lot of
businesses are looking through what's happening in the straight upforn
moves right now, just as we all are to say, well, look,
let's pause and wait. And what you see in the
economy I think is pausing and waiting. I don't think
the economy is going to hell in a handcart just yet,
so I think businesses will try and hold off and
try to not to disemploy people, to try to get

(58:51):
rid of people. But I think the longer it goes on,
they'll have no choice. But you know, there's an employment
figures today didn't surprise me, and I think you'll see
the next ones won't leak up all that much because
of that impact. It's not this is a not a
downturn of trading conditions. It's a downturn of of an
expensive fuel problem that hopefully goes away at some stage
in the next twelve months.

Speaker 2 (59:08):
Yeah, okay, now, Jack, the scrapping of the BSA, does
it fill you with happiness or dread?

Speaker 16 (59:15):
Neither, I would say. I mean, I thought it was fascinating.
I would thought it was fascinating. I mean, the BSA
and the Ministry actually agree. I mean, I don't think
there's anyone who could reasonably ask that the BSA under
its current legislation was equipped for the modern age. It
is very much a you know, an old school system
for a digital world, like an analog system for the
digital world. Right, It's fascinating to think of a media

(59:37):
environment in which membership of the Media Council is voluntary,
in which organizations might choose to sign up to that
and which might not. I suppose, if I'm to imagine
any downsides, I would say that from a broadcaster's perspective,
I have been had a couple of big things before
the BSA in the past in which people have been
really unhappy with me, And I would say the complaints

(01:00:00):
had called my professional integrity into account, and I took
some solace from the fact as a broadcaster that the
BSA ultimately ruled in my favor on those points. But
I get that most people aren't broadcasters, and you know,
and like I say, it just feels crazy to be
trying to differentiate between the myriad platforms that exist today.

Speaker 2 (01:00:20):
I'm so happy phil.

Speaker 7 (01:00:24):
Well issue. I should just tell you my history. I mean,
I was one of the people in the room that
helped start the Advertising Standards Authority advertising self regulation in
New Zealand, one of the most successful self regulatory schemes
in the world, brilliantly run to this day. And of
course I was in the newspaper industry at the time,
so I was helping the press counsel and helping fund
it and so on. So I'm a big fan of

(01:00:44):
self regulation, and I always thought of the Broadcasting Standards
Authority as a bit of an anomaly, and they came
about in a regulator way, of course, because TV at
that stage when they were set up, was government owned,
and a government owner soution could ever new self regulation?
How could that be? So You've always had this kind
of weird situation where some of the media was self
regulating and some and some regulated. And I never thought

(01:01:04):
that could win. I never thought that was going to work.
And so I'm pleased that the regulators have gone away
because I never thought they were going to fit. To
Jack's point, though, what's gonna what's now going to overtake it?
Because here's the point, I hope it all goes off
to the Media Council. I hope the likes of Sean
Plunkett and I hope the TV guys will say, well,
we should now be self regulated, because I think that's
actually the best outcome. And Jack mentioned this idea that

(01:01:25):
he wants people who are sensible to rule one way
or the other, and I think a self regulatory system
does that best of all. Having said that's here's the problem.
The Media Council currently is one staff members, I understand one.
So we're going to have to invest in this thing.
And the tricky bit's going to be to get media
to do that. But I would certainly encourage them to
do so because I think no regulation will get them

(01:01:46):
regulation again at some stage in the future. They've got
to do something you can't do nothing and hope to
get away with it. So I hope we'll all get
together with self regulation. It's the best outcome.

Speaker 16 (01:01:55):
Get on and make one other point. We live in
an age where you know and disinformation are more prevalent
than they have been for many, many decades, and were
on the cusp of this kind of amazing technological shift
where AI tools might be more available to persuade people
of things that aren't necessarily true. So I do think,
not to say that I think the BSA was equipped

(01:02:16):
to deal with all of that, but I do think
we're living in a really complex information age, and I
think there is a potential danger in having mediums that
might otherwise have been regulated being able to say whatever
they want and convince people of whatever they is on
their agenda, whether or not it's true.

Speaker 8 (01:02:37):
If you know what I mean.

Speaker 2 (01:02:38):
Yeah, Okay, now, Phil, this is Rea the Voyager Media
Awards and see the Woardhouse's repost. I find it constantly
blows my mind to see how openly people are discussing
essentially what is due hatred and it's not even one
hundred years from the Holocaust. Does it blow your mind?
Can you explain this?

Speaker 7 (01:02:57):
It disgusted me. I've studied the Holocaust for most of
my adult life because I want to understand what real
evil is. So when I see it re emerge, I
can stand against that. I can stand with a plaquette.
I can stand on the steps of Parliament, and I'm
serious about that. I've got a big collection of books
on the Holocaust I read about all the time. So
it upsets me and worries me and disgusts me when
people even get close to Jew hating and anti semitism.

(01:03:21):
You can criticize Israel all you like, but to conflict
that with due hatred and anti Semitism, that's one of
the things I would get violent about it. It's one
of the things I would push you away and get
a bit physical about because I just discussed me. Now,
CV wood House, I don't know. I don't know what
his game is, but clearly a big mistake. And I
see he's apologized and so on, and so he should.

(01:03:42):
Now let's hope we can move on. But this is
a score. This is a scourge not just in our
society but also in Australian society. I never thought i'd
see it.

Speaker 2 (01:03:49):
Yeah, I never thought I would say it as well. Guys,
it's good to talk to you. I really appreciated Jack
Tame and Philo Riley. I huddle this evening eight away
from six.

Speaker 1 (01:03:56):
It's the Heather duper Ce Alan Drive Full Show podcast
my Ard Radio powered by Newstalk zeb.

Speaker 2 (01:04:05):
Jane tips Trainey's going to be with us at half
past six.

Speaker 6 (01:04:08):
I don't know.

Speaker 2 (01:04:08):
Actually, do you know what Jane has not told me
what she's going to talk about. But I want her
to I want her to talk about the FMA and
the chap getting in trouble. So Jane, if you're listening,
that's what we're talking about. Mate, get ready for it.
Five away from six now. We were just talking about
Ammersfield and its former chef or maybe yesterday and the
possibility that TV and Z might pull all the episodes

(01:04:28):
of the cooking show that he was the host of
from the internet because he said some really gross things
to women and sort of seemed to shaft and stuff
like that. Something dumber has happened today. If you thought
TV and Z killing the entire series would be dumb,
this is dumber. Cuisine Magazine has now dropped Amersfield Restaurant
from its Food Guide, and this is despite the fact
that Amersfield was awarded Restaurant of the Year and the

(01:04:51):
highest rating, which is three hats at the twenty twenty
five Cuisine Good Food Awards. It was named Restaurant of
the Year in twenty twenty, Restaurant of the Year in
twenty twenty one, Restaurant of the U Year in twenty
twenty two, Restaurant of the Year in twenty twenty three.
Despite all of that, despite the fact that Amersfield has
international recognition, recognition as being one of the best restaurants,

(01:05:11):
if not the best restaurant in this country, cuisine will
no longer tell people that Ammasfield is the best restaurant
in this country. How mental is this? I mean, how
dumb is this? Cuisine cannot possibly support it says the
working conditions within the revel I don't care what you like.
I honestly, I don't want to be I don't want
to be horrible to people working in kitchens. I want
them to have lovely working place, working environments. That's not

(01:05:33):
why I'm reading cuisine, is that I'm reading cuisine to
see where I should go and eat. Where's the best
place in the country to eat, not what the working
environment is like. If they don't like the work environment, sorry,
the bosses need to do something. That's that's behind the
scenes thing. I'm just there to eat. Anyway. People are
gonna hate me for saying this. I realize that, like
I'm getting myself. Thank god the BSA is still there
because they might be able to yet rule on me

(01:05:55):
for this. But honestly, to then so they're not gonna
tell people it's the best restaurant from the country when
it's the best restaurant. And by the way, they don't
have to endorse. They don't have to endorse Vaughn maybe anymore.
He doesn't work there anymore. So you can you can
now say, in fact, in fact, all of the awards
up to now were probably problematic, but from here on
in it's totally fine to say, go to Amersfield because

(01:06:16):
Vaughn isn't there anymore. Anyway. We're trying to talk to
Cuisine magazine about this, but as you can well imagine,
they're not just one of these decisions that they've cut
and run. They've Mike dropped and run here. That the
test that you were talking about before was just for citizenship,
as I understand it, So it's not for entry on
a work visa, which is a fair point. So the doctor,
the brain surgeon can come in and work here and

(01:06:38):
hate the women if he wants to, but when he
wants to become a New Zealand citizen, he has to
stop hating the women here. That we need to get
immigrants to pledge to Kiwi values. Now I love the idea,
but The problem with that is there is a problem
in that we don't all agree on all KIWI values.
And if you want to discuss that further we can
at some stage. But let's talk about ASB launching its
Cheresi's next newstg ZB filly lsly.

Speaker 1 (01:07:08):
Keeping track of where the money is glowing the Business
hour with the header duplessl and MAS Insurance and Investments.
Your future is in good hands USTORGSB.

Speaker 2 (01:07:20):
Even in coming out for the next hour, we're going
to talk with Generative trainee about the FMA chair losing
his job, Milford Asset Management on that big infertal announcement today,
and Keir Starmer is looming demise with Gavin Gray to
end the hour at seven past six. Now, ASB Bank
is planning to launch its own version as Charez's Now.
To be fair to the bank, ASB is the original

(01:07:41):
chare Ze sort of because customers have been able to
trade shares through ASB since nineteen ninety nine. Regardless, the
bank is going to offer a slick new app and
desktop platform called ASB Share Central. ASB has signed to
deal with CMC Markets to deliver the product, and Chris
Smith is with CMC he's the New Zealand Managing director,
Hig Chris. Yeah, Hi, Header, Why is this happening now?
Because I mean I think obviously shares E's has been

(01:08:03):
around for a fair bit now. ASB has been doing
this for twenty six years, so why now?

Speaker 13 (01:08:08):
Look, I mean ASP is a market they have been
a market leader back since ninety nine, as you mentioned,
is the first online trading option for New Zealand retail investors.
And look, it's exciting that the bank wants to invest
and their technology and we can certainly deliver that for
their customers. And we've got a lot of experience doing
this with other banks across the tasmand and I mean

(01:08:32):
the investment central theme is something that ASP is definitely
focusing on. Key we save investment funds in share investing
is just an extension of that.

Speaker 2 (01:08:41):
So I see, you guys have a standalone desktop platform
in an app. Why not do it within the ASB Bank.

Speaker 13 (01:08:47):
AP Yeah, So this will be entirely an ASB. You know,
the ASB owns the business, they own the customers. We
are just a tech provider, so we will provide our
award winning platform branded as ASB Mobile Application as well
global market access. From a customer point of view, it'll
just be an enhancement from what their current experience is.

(01:09:09):
So currently there's no mobile offering for the ASP customer,
which will be something they're really really demanding. And access
to international markets is becoming more and more common with brokers,
so the US market, the UK market, Australia, and look,
we've got an award winning platform that we specialize in
and we're more more than happy to provide it to

(01:09:31):
w ASP customers.

Speaker 2 (01:09:33):
I think you might have misunderstood my question, which was
there is already an ASB bank app, so was it
not possible to facilitate it through that app rather than
creating a new app.

Speaker 13 (01:09:41):
Well, these partnerships work quite well where you just they
can leverage off our expertise and investment in our technology.
So it's what's called a white label partnership where banks
do this all the time. They have a partnership with
black Rock, which specializes in funds management, so they use
black Rock as is this specialist to do funds So
no different of us with a specialist and platforms, and

(01:10:02):
they will leverage off what we've already spent millions of
dollars building.

Speaker 2 (01:10:06):
I see okay, and so take it from what you
said earlier that this is not just you won't just
be if you're a customer, you won't just be able
to access the instex but it'll be markets offshore markets
as well. Is that right?

Speaker 13 (01:10:16):
Yeah, So we offer fifteen global markets, so customers in
twenty twenty six demand global access. So more than just
the inside X. You want to be able to check
your portfolio on your phone or access to markets from
your desktop and not have to call your broker like
we did thirty years ago. So this will definitely be
a huge leap forward for their customers in something that

(01:10:38):
you know, offshore markets are more and more accessible. It's
never been easier to access you likes of Apple and
Tiesler and offshore stocks online.

Speaker 2 (01:10:46):
Chris, what are you seeing in terms of what people
are doing when they are doing this, how much of
it is DIY investing and how much of it is
handing the money over to the experts and letting them
do it.

Speaker 13 (01:10:56):
Look, I think there's it's never been easier for DIY.
I think the cost of investing has come down dramatically,
which is great for customers, and the access to information
is we've had more We've got more information than we've
ever had access to, and you look some people who
don't have time. You know, it makes sense to have
an advisor for those who have some more time on

(01:11:16):
their hands, who want to be a bit more DIY.
There's no reason they shouldn't put time and do it
themselves and save the cost.

Speaker 2 (01:11:25):
Chris Listen, thanks very much for talking us through to
appreciate a Christmas cmc n Z Managing director. Here the realistically,
unless Amersfield can find an equally talented chef who won't
behave like a dick, then maybe their three hats are
no longer valid. There's worked. That is a fair point.
There may be there may well be work to do.
And I mean if Vaughan maybe was the reason they

(01:11:46):
had the three hats and now he's not there, maybe
they aren't the best restaurant in the whole country anymore.
But I don't know. The rest of the stuff may
still be there, and they may have been doing a
lot of the work as well. Now a third woman
has complained to Stuff about Rod Drury. This is now
the third story that stuff has run, well, at least
the third set of allegations about Rod Drury. This one
was a private chef for him for a couple of years.

(01:12:06):
Was employed in about twenty twenty three and then seems
to have gone by twenty twenty five. Worked on the
luxury yacht, then worked at the Queenstown address. Her complaint
is that he regularly kissed her on the lips as
a greeting and she's gone to the police to complain
about that. Let me give you the numbers. So the
ends at X fifty is up zero point eight four
percent today ASX fifty is up one point five to

(01:12:26):
five percent so far. Today, a barrel of Brent crude
is costing you one hundred and eight US dollars. It's
down two percent, and one New Zealand dollar is worth
fifty nine US cents eighty two. Ossie sends fifty one
Eurosense forty four UK pencer ninety three yen. Twelve past six, It's.

Speaker 1 (01:12:41):
The Heather Dupers Allen Drive Full Show podcast on my
Heart Radio and powered by news dog ZEBBI.

Speaker 2 (01:12:48):
Listen if you're watching the league on Sunday, or maybe
some of the coverage of this is the Cronulla Sharks
game against the West Tigers. You might have seen the
five year old the little chap who was crying. I've
got an update on him before you stand by. It's
quarter past six. Jeremy Hutton Milfed Asset Management is with us. Hey,
Jeremy evening header all right. So Infratil had a really
big announcement today with its CDC Data center business. What happened?

Speaker 18 (01:13:10):
Yeah, Infrato we had a genuine wow moment today on
the share market. It's CDC data center business signed the
largest new data center contract in Australasian history and befitting
the scale of the deal, the Infertil share price reacted
extremely positively. It was up over thirteen percent today. Now,
just to remind listeners briefly, Infratil is an z EX

(01:13:33):
listed company. They're an investor and they hold a portfolio
of assets in some very well known companies like Wellington
Airport and Mobile Business One New Zealand. But the crown
in Infertil's portfolio is definitely CDC and they operate data
centers across Australia and New Zealand. The contract they sign
it is a mammoth five hundred and fifty five megawatt deal.

(01:13:56):
It's with an unnamed but high quality US tech customer,
so expect that to be likely one of the magnificent
magnificent seven tech companies in the US. And then just
to put it in perspective, five hundred and fifty five
megawatts that is roughly forty percent of all operating data
center capacity across Australasia. So a pretty extraordinary step change

(01:14:16):
for the segment, for the industry and for the business.

Speaker 2 (01:14:20):
Do you think that this deal provides validation of Australia
and New Zealand attracting these types of projects.

Speaker 18 (01:14:26):
Yeah, I think it does. It's a great example of
what we've been talking about over the past few weeks,
and that's this AI infrastructure boom that's going alongside the
AI models that everyone knows about, and you're needing this
physical build out of data centers to power these global
AI models. And it is great to see a New

(01:14:47):
Zealand listed company right in the thick of all the
action here. And it does validate also this geography our
region of the world to attract these huge investments and
huge companies. It is a significant amount of financial stimulus
that could be coming into our economies if it's managed well.
So I do think we're going to see a lot
more of these deals announced down under. Just given our

(01:15:08):
stability in the world at the moment, our relative safety
and good access to renewable energy if we can harness it.

Speaker 2 (01:15:16):
Gen Track did not have as much of a fun
day today, did it? So what went wrong there?

Speaker 18 (01:15:21):
Yeah, fairly painful one for gen Track shareholders. The share
price fell thirty five percent yesterday on Earning's downgrade, and
it's hit its lowest level since twenty nineteen.

Speaker 3 (01:15:33):
Now.

Speaker 18 (01:15:33):
Gentrack is a software business that's listed in New Zealand
and it sells billing software to utility companies, mainly electricity retailers,
and they had a heavy downgrade for earnings guidance this year,
down forty percent versus what the market expectations were.

Speaker 13 (01:15:49):
Now.

Speaker 18 (01:15:50):
The Gentrack story, it's been on a huge rollercoaster. During
twenty twenty three twenty four, the share price was up
almost five hundred percent, but since then through twenty five
twenty twenty six so far it's down seventy five percent,
so it's almost given back most of those gains. And
I suppose the problem for gin Treker's expectations. It's been

(01:16:10):
saying that it's going to be winning new customers new
contracts and that these were just around the corner, but
they haven't come to fruition and unfortunately investors have certainly
lost a lot of faith.

Speaker 2 (01:16:20):
Fair good to talk to you, Jeremy, thanks for running
us through a Jeremy Hutton and Milford Asset Management. Hither.
We went to Amersfield last week and the food and
the staff and the whole experience was awesome. I didn't
even realize that Vaughan was not employed there. I reckon
it'll still be the best restaurant in New Zealand. Okay,
so here's the update on the if you didn't catch that,
If you didn't catch what happened. The Cronella Sharks were

(01:16:41):
playing the West's Tigers at the weekend and the camera
cuts to the crowd and there's this little dude five
years old sitting next to his big sister and he's
got his little West's Tigers shirt on, and he's crying
like proper tears, like just the saddest little face and
a little boy, and these berg tears are just rolling

(01:17:01):
down his cheeks and he is just genuinely gutted because
his team is getting thumped fifty two to ten. What happened.
So what's happened is The Sydney Morning Herald has now
tracked down this lad and they found out the backstory.
What is this is his dad's fault because what happened
is his dad is a massive Wests Tigers fan and
his dad is still holding on to the fact that
the Tigers won the two thousand and five Grand Final

(01:17:23):
and he has been playing this twenty it's twenty years ago.
He's still playing the two thousand and five Grand Final
to the boy and he's it sounds like he's played
at him almost every weekend. So this kid just think
all he thinks that happens with the West's Tigers is
that they win. But obviously that I think recently they
haven't been playing as well, have they. And so the
first time he sees his team lose is when he's

(01:17:45):
sitting in the stands wearing the kit. It's all okay though,
and all's well. That ends well because the Sydney Morning
Herald got one of the Sharks players to record a
video for him, and then the Tigers have got wind
of what's happened and they're going to give him the
ultimate game day experience when they return home in the
coming weeks. I mean, they could give him the ultimate
game day experience by actually winning the game, So they
better make sure that he's along with one of the

(01:18:06):
with a minno that they're actually gonna thump. And to
top it all off, all of his friends saw him
on tally and have been raving about it. So he's
happy six twenty.

Speaker 1 (01:18:15):
Ever, it's to do with money. It matters to you.
The Business Hour with Heather Duplicy, Allen and Mas insurance
and investments, your futures in good hands, news talks.

Speaker 8 (01:18:27):
That'd be hither.

Speaker 2 (01:18:28):
I still watch when my beloved Philadelphia Phillies last won
the World Series in two thousand and eight, drives my family,
mad Nick. That's the saddest thing in the world, isn't it?
Two thousand and eight, Like eighteen years of other stuff
has happened, eighteen years of content like You've got all
You've got, all the Peaky Blinders, You've got the Bridgeton's,
you got, you got that wonderful Pierce Brosen in one

(01:18:49):
with the you know, the Gang's moblandor whatever. Like there's
just like eighteen years of content and sports.

Speaker 10 (01:18:56):
I feel like movie now eight two thousand and eight
doesn't feel like that long ago if you're Warriors fan.
I mean their last championship was a lot longer ago
than that, wasn't it.

Speaker 2 (01:19:04):
Yeah, sad Man sad Nick. If you need some viewing suggestions,
just text me nine two nine to. I'll help you out. Listen,
tell me what you think about this, okay. According to
the Free Speech Union, the coppers our New Zealand police
called a woman's mother and then called the woman and
got the woman into the police station because something she'd
put on Facebook. So the woman's name is Renee Rose Schwink,

(01:19:25):
and she went online and she posted in reference to
the India New Zealand Free Trade Agreement a photo and
she captured photo and I don't know what the photo
was of who knows, But she captioned it welcome to
New India thanks to Luxing as in Luxe on but
lux Sing Indian surname Luxing. Anyway, other Facebook users complained

(01:19:46):
about it, and then the police rang her mum and
then they called her into the station and then a
senior sergeant told her in the station that her post
was unkind and it was racist, but no charges have
been laid. As a result, which is to say she
hasn't actually broken any laws. The cop. We're just telling her,
you know, pull your head in basically. Now, I support
the FDA, and I think this kind of weird angst

(01:20:07):
about like it's honestly a smattering of Indian migrants. It's
just so I think the angst is just completely overhyped
and misguided. I also think the caption was super lame,
so whatever it's but even despite all, it's just not
that bad. Like I don't know what the caveat, I
don't know what the photo was, but on what I've
heard reported, it just doesn't seem that bad objectively, So

(01:20:28):
why are the cops getting involved? But also so two
questions for you. Number one, is it actually the worth
the police using their time on something like this a
kind of lame, mostly in offensive, angsty Facebook post? And
number two, do we want the police actually calling us

(01:20:51):
into the police station if they don't like what we're
putting on Facebook? Because it's a bit unkind Is this
what we want? I'd love to know what you think.
You're welcome to hypny with it nine six twenty six.

Speaker 1 (01:21:02):
There's no business like show business, don't.

Speaker 2 (01:21:07):
You do you remember the pussy Cat Dolls me they
announced a reunion tour earlier this year and they had
a new single, and it's a world tour, like it's
a really big tour. Anyway. The context here is their
last big hit came out in two thousand and nine,
and it's possible they've been out of the line like
too long because nobody bought tickets, so they had to
cancel all but one of their shows in the States.

(01:21:29):
That's thirty three shows all gone. Now. The thing is
Europe still loves them. All of those shows are going ahead,
but not in the States. They aren't, to be fair
to them. The only ones who've had to change shows
in the US. Recently, Post Malone delayed his tour. He
said he needs to do a bit more. It needs
a bit more time to refine the music. Megan Trainer
canceled her tour because she had a kid. But I mean,
that's that's a delay, isn't it. And that's a whole

(01:21:51):
new human to look after. Having to cancel because no
one cares is a severe scratching. The problem seems to
be that the Pussycat Dolls overestimated how excited America are
about them. Fans said ticket prices were way too high
and they were trying to tour and really big arenas
instead of just doing smaller theaters. In a statement, the
Dolls said, we are putting everything into making this show

(01:22:11):
a true celebration of the music and the memories for
the fans who have been with us from the beginning
and those discovering us for the first time. However, it
would be fair to say very few people are discovering
them for the first time in the US, isn't it?
This is quite a good song, though you can't take
that away from them. This was a banger back in
the day. Also, the one, is this the one out
of love actually acts?

Speaker 10 (01:22:31):
Why would I know the answer to that question?

Speaker 2 (01:22:33):
This was the one out of love actually? Isn't this
the one where where they're at the party, the Christmas party,
and then the mischievous one is trying to head on
Alan Rickman and she's being all like hussy and stuff
and tries to cast them. Isn't it this one? Don't
know anyway? Gnative Trainey's going to be with us. Next,
we're going to talk about whether Craig Stobo should have
lost his job byver getting overtly political news talks at being.

Speaker 1 (01:23:01):
Approaching the numbers and getting the results. It's Heather duper
c Allen on the Business Hour with maths, insurance and investments.
Your futures in good hands used talks Endoo.

Speaker 13 (01:23:19):
Heather.

Speaker 2 (01:23:19):
The police should leave members of the public alone regarding
snarky comments, but they should visit the Maori Party who
have made genuinely offensive comments and should know better. I
mean that actually is a fair point. I mean that
the Maori Party is putting out pictures Forhkoy with guns
and stuff, so I think I think if anybody's doing
stuff that probably warrants a little visit for the cops,
it might be them, But only if you think the
cops should get involved. And I'm not sure. I'm not sure.

(01:23:41):
Twenty five Away from seven will have Gavin Gray with
us in about ten minutes time because it is really
closing in on Kio Starma at the moment. But right
now there has been a fair bit of debate merger
emerging over whether the FMA chair Craig Stobo should have
lost his job over his lack of political neutrality. The
heralds Wellington Business editor Genative Trainee is with us on
this hygiene, Hi, Heaver, there is a long list of

(01:24:02):
stuff that he's apparently done wrong. What do you think
it is that's tipped him in the end.

Speaker 20 (01:24:08):
You're right, there is a long list, and I think
there are The list shows that Craig Stobo appeared well intended,
He had good intentions, but there's a lot of misjudgments.
So ultimately the King's Council recommended he be removed from
that role because of his political statements. This was in

(01:24:28):
various media outlets. For example, he told The Herald that
the previous Labor led government had atrocious policies. He also
made a personal submission to Parliament on the Treaty Principal's Bill,
you know, and questioned one of the climate disclosures regime
that the mandatory nature of that, which is a regime

(01:24:49):
that the FMA oversees. So that was the real issue,
But there were a number of aggravating factors that I
just think suggested he exercised a lot of poor judgment.

Speaker 2 (01:25:00):
Okay, So even though he made this the submission to
Parliament on the Treaty Principal's Bill in his private capacity,
is he not entitled to do that? If he holds
a political public role.

Speaker 20 (01:25:12):
I think, you know, it's a different thing if it
was just the one isolated thing. But the number of
political comments that there was a lot. And you know,
the point that the k C made was that there's
such a high profile role that he's in as the
chairman of the financial regulator that you know, can you
really say stuff like that in your personal capacity when

(01:25:32):
you're in a job that is so much in the spotlight.
The thing is is that you know, Craig Stobo needs
to be able to work with governments of various stripes.
It's not a political role. And you know when you
the conduct regulator fma's conduct regulator and you're telling other
banks and things like that that they have to conduct

(01:25:55):
themselves in a certain way. Dot the i's cross their t's.
However silly those institutions it might be. I think it's
important in terms of your credibility that you also do
that in terms of the way you carry yourself. It's
a credibility issue more than a free speech issue in
my opinion.

Speaker 2 (01:26:11):
I tell you what I found really weird is why
did he decline having a credit check done?

Speaker 3 (01:26:16):
Yeah?

Speaker 20 (01:26:17):
You know that's the thing. So it sounds like it's
a normal thing for people in those jobs to have
a credit check done, and he just didn't want to.
My reading of it is that it's a principal thing.
He must have thought, well, that's silly, that's not necessary
for this job. But to me it sort of does
stand out as a bit of a red flag at
the beginning of the process that this is not someone
who likes to conform to things, you know, just for

(01:26:40):
the sake of it. That's good in some ways because
it shows he's thinking for himself. And you know, arguably
the FMA does need a bit of a shakeup. Some
of the sources I've spoken to have said, you know,
it's lose lost some of its credibility. So maybe a
reformer like Craig Stowbo was a good thing. But it
is tough when you're a regulator and you asking you've
ye ouse to dot the i's and cross their t's,

(01:27:02):
however ridiculous they might think it is, and if you're
not doing it, a bit of a red flag.

Speaker 2 (01:27:06):
Hey, Now, on this A and Z class action and
the ruling against them, do we have any idea how
much A and Z will have to cough up.

Speaker 20 (01:27:13):
A and Z said that the maximum it reckons is
it could be one hundred and twenty five million dollars.
So that's a material enough sum of money even for
A and Z. It's had to report that to the
stock exchange. But it really does depend on how the
ruling is applied to the seventeen thousand customers that could

(01:27:35):
be affected, and it also depends on whether A and
Z appeals the judgment. So listeners might recall we've talked
about this over the you know, recently, basically a big
class action against A and Z because in the mid
to late twenty tens, A and Z had a coding
error in one of its loan calculators and people paid

(01:27:57):
the wrong amount of interest. And Z did sort it
out with them, actually paid them thirty five million dollars,
but under the way the laws written for that time period,
ain Z was compelled to reimburse the borrowers all the
interest costs for the time of the breach. Ain Z says,
that is an entirely disproportionate penalty. But that's and the

(01:28:19):
laws have been changed since. But you know, that's how
you get to such a big sum one hundred and
twenty five million dollars.

Speaker 2 (01:28:26):
Thanks very much. Training. I love watching maths in action.
New Zealand Herald Business editor down in Wellington. It's twenty
away from seven. This is the kind of stuff my
boss sends me. Embarrassing, Heather, there are no pussycat dolls
in love actually crying laugh face times three. He is,
unfortunately a grinds my gears to say he is right,

(01:28:49):
and it is embarrassing because it is one of my
favorite movies. It was actually Sugar Babes I'm Too Lasting.
You remember that? Do you remember it now?

Speaker 13 (01:28:57):
Yeah?

Speaker 2 (01:28:58):
Where she was trying to get it on with him,
the hussy and he was married with two children. Disgusting,
and then it follows up later on it sets it
all up for the most beautiful scene and set that
most heart wrenching scene for any mother, right where she
goes that she finds out he's cheating on and then
she goes into the bedroom and she has to smooth
the bed covers just to kind of pull herself together.

(01:29:19):
She cries, and then she goes out there and the
kids don't know any oh, just hideous hate him after
that anyway, It's just a movie. Don't worry. It's calm
down now. As you know, I have some ongoing angs
right on the show, and I talk about it regularly
over rugby basically sucking and the rugby league at the moment,
especially with Warriors doing well just being brilliant. There is

(01:29:41):
a sports writer, Patrick mckendrey, who's written a really great
piece about this, explaining exactly why he because he loves
all sports being a sports writer, exactly why he is
enjoying the Warriors more than Super Rugby at the moment.
He writes, My Super Rugby malaise has been building all
season and I'm beginning to work out why. The essence
of rugby is that it's a constant contest for possession,

(01:30:02):
But the way that the game is being refereed at
Super rugby level means attacking teams have virtually all the
rights at the breakdown brackets in the interests of flow,
and so one team is stuck with recycling the ball
until its players run out of ideas and kick the
ball away. The way it's being played, coached and refed
currently makes it, in my opinion, a poorer version of league,
a game which its detractors call five tackle kick, but

(01:30:24):
which makes no apologies for it. Moreover, with too fewer
players on the field and the requirement for its defenders
to stand back ten meters, there is far more space
towards which to attack. The NRL is also, without doubt
the best league competition in the world. Super Rugby may
have had claims to being the best below test tournament
in rugby, but no longer. The French Top fourteen competition
is of much higher quality. To name just one. This,

(01:30:46):
by the way, I think is probably the best argument
put in the best way by somebody who loves both
codes that I have read, so you don't have to
take it from me. If Patrick mckendrey is telling you
that there is a problem with Super Rugby and rugby
and j general and maybe we have got a bit
of an issue here, maybe maybe there are a lot
of people who are starting to like the league and
Super Rugby Union might need to get on to it

(01:31:08):
before it's too late. Anyway, if you want to go
read his whole piece, and there's a lot more there.
It's on the Bounce at the moment, which is the
Dylan Cleaver blog online, which is also, by the way, excellent.
Go to the UK next seventeen away from seven.

Speaker 1 (01:31:22):
Whether it's macro micro or just plain economics. It's all
on the business hour with the hand, the duperic hour
and mas insurance and investments, your futures in good hands.

Speaker 2 (01:31:33):
Used talks heavy, Sorry, Heather, it sounds like Craig Stobo
actually knows what he's talking about. Institutions in this country
have too much say and have too much influence over
what the New Zealand public voted for. Now, look, I
may agree with you on this, and I actually do
agree with a lot of the stuff, not all of
the stuff, but a lot of the stuff that Craig
Stobo said. But the rules apply in both directions, right.
You can't you can't have a gripe about public servants

(01:31:54):
coming out and being lefties and going I love I
love the treaty. I love it. I think it's a partnership.
It's a part. You can't complain about that and then
say that that has to be shut down. But when
Craig comes out and says, oh, I'm in favor of
the treaty principles Bill and I don't think it's a partnership,
then we think it's okay. It's got to apply in
both directions. Actually though him not having that job does
free him up somewhat to become a real critic and

(01:32:16):
that may be not a bad thing. Thirteen away from
seven Gavin Gray UK correspondence with us Elogevin. I'm a
have right. So what do you make of the First
Minister of Wales criticizing Keir Starmer as possibly costing them
the election?

Speaker 4 (01:32:29):
Yeah, very interesting. Next set of thirty six hours ahead
for the British government for the British people. So people
are going to the polls for local council elections in
England and that's five thousand council seats up for grabs
when the polls open just under twenty four hours time.
Local elections taking place for one hundred and thirty six
local authorities. But it is the elections in Scotland and

(01:32:53):
in Wales that are going to be most interesting because
Labour has a lot to lose this government, se Keir
Starmer has a lot to lose because they're being squeezed.
They're being squeezed in England really mostly by reform on
the right and the Green Party which has been absolutely
resurgent on the left. But in Scotland it looks like

(01:33:15):
the SMB, the Scottish National Party, which had really been
facing some grim predictions for its future, may suddenly be
given a spark of life because Labour's predictions are so bad.
In Wales, well they're really reform might be quite resurgent,
but also they've got their own applied CUMRU which wants
to see a separate Wales and much more power dissolved

(01:33:38):
to Whales. So it could be a really really interesting
battle this and all sorts of people already lining up.
We are being told to replace the Keir Starmer when
and if those disastrous results come in for him Angela
Rayner who used to be his deputy went Street in
the current Health Secretary Andy Burnham, the mayor of Manchester.
He would need to somehow become an MP first in

(01:34:00):
order to take over from Sekirstama. But they are plotting
and looking at those three. It could be a big
lurch to the left, which is spooking the markets.

Speaker 2 (01:34:10):
Oh interesting, OK. You know what is the latest with
this cruise ship in the virus on board?

Speaker 4 (01:34:16):
Well, I'm afraid to say for those on board it
isn't going to be terribly pleasant for a few more
days yet. But there is hope in sight. The ship
is currently just off Cape Verde or Cape Verd, some
islands to the west of North Africa. However, they are
not being allowed to dock there. The hospital on the
main island is quite small. It simply couldn't cope with

(01:34:38):
the one hundred and forty nine people from twenty three
countries who remain on board, twenty two of whom incidentally
are British. Instead, it looks like the Spanish are going
to allow them to dock on the Canary Islands. Now
that's further south. It's a journey of three or four
days by this luxury cruise line of vessel, but that

(01:34:59):
is going to be three or four more very uncomfortable days.
What they're trying to do is isolate, of course, the
passengers who are symptomatic, who look like they may have
the virus. I isolate those who definitely do have it,
and maybe medically evacuate those first. But then to keep
the others safe. Now that's difficult, of course on a
cruise ship. And the investigation still with the World Health

(01:35:24):
Organization is still ongoing as to where this virus came from.
Was it rodents on board? The operators say absolutely not.
And was it potentially something that was picked up by
passengers before they embarked in South America And that's the
big question along with does it actually transmit from human
to human?

Speaker 2 (01:35:44):
Interesting? Hey, thank you very much. Kevin has always appreciate
your time, mate. This'skevin Gray are UK corresponding here? The
stop trying to convince us that rugby league is better
than rugby union. It is not capitals capitals, so quite
quite feisty on this one. Leagues are like lifties. They
know they're in fear, so they keep shouting that they're better.
We don't care what leagues or left he say. Okay, well,

(01:36:05):
I refer you to the next text that I've got Heather.
In rugby, in earlier times, a ball not put straight
into a scrum was a penalty. Today it's just thrown
straight to the rear feet of your own team with
no consequences and no chance for the opposition to get it.
What gives? I agree with you, rugby has got boring.
Thank you, George. Nine Away from seven It's the Heather to.

Speaker 1 (01:36:25):
Pice allan Drive full show podcast on iHeartRadio powered by
newstalg ZB.

Speaker 2 (01:36:33):
Heather Good on Craig Stowbo. The FMA office is answerable
to mb The comments he's made in his personal capacity
doesn't impact on his ability to run the FMA. It's
a breath of fresh are having the likes of him,
who points out the stupidity the controlled type practices with
in government departments that are absolutely stupid running to nonsensical.
Between Auckland's Mayor Brown and Stobo, it's great to have
them pointing out some instances of political stupidity. Well, i'll

(01:36:55):
tell you what. The only difference is that Wayne Brown
is elected to do that stuff. Now, I don't know
if you are you interested in this. There's a comet
up there. If you want to have a look at it,
you are going to before you get too excited. You
are going to need binoculars or a telescope or a
camera to see the comet. But apparently there's a comet
over the next fortnight over New Zealand Skies, and if

(01:37:16):
you don't catch it in the next fortnight, you're going
to have to add another one hundred and seventy thousand
years to see it, which none of us are going
to be doing. So, Yeah, you want to look to
the south apparently. So get your binoculars, your telescope or
your camera. Look to the south. You'll see it.

Speaker 6 (01:37:29):
It is.

Speaker 2 (01:37:29):
When you see it, you can go, oh, look there
it is. See slash twenty twenty five R three pans
stars with two r's are really ym.

Speaker 10 (01:37:37):
There's got to be a good a shorter name. We
can we can give that one. Surely they haven't used
up every single god and hero and Greek mythology, have they?

Speaker 2 (01:37:44):
They must be like one or two long, and they
could just use ants like you.

Speaker 10 (01:37:48):
I don't have a comment yet, go on, comet.

Speaker 2 (01:37:50):
Comet Ants are great at naming things. By the way,
they've started making snow on Coronet Peak. If you're into
the skiboard skiing and the snowboarding and stuff, you're going
to be excited about it. They've got themselves a two
million dollars no factory that they've just started. They started
cranking and they're pumping out. The snow will ready. And
so what this means is that the learners in the
ski play areas will open on May twenty nine. What

(01:38:10):
is that there's like three weeks away or something like that. Anyway,
they're opening it on May twenty nine, and This means
they're opening it two weeks ahead of last year. And
why they can do that is because this snow machine
can operate in temperatures up to twenty degrees, which is
like you can walk around without a jersey on at
twenty degrees. So that's pretty cool because most of the
traditional snowguns need sub zero temperatures to operate. So ah,

(01:38:31):
climate change, who cares, right, Craig snowbo is right after all? No,
I'm just just whatever and go.

Speaker 10 (01:38:37):
Too Lost in You by Sugar Babes to play us
out tonight hither. This apparently was the song that actually
was playing in love. Actually it's got It's quite an
interesting story behind this song as well. It was originally
a French song by French singer Patricia Cass called coll
Je Perlutu, and then Diane Warren, the American songwriter, re
wrote it in English for Sugar Babes. Now, Diane Warren's
a big deal. She wrote, if I could turn back

(01:38:57):
time and I don't want to miss a thing by
Aerosmith and he's won a bunch of awards and stuff.

Speaker 2 (01:39:01):
If I could turn back time with share, Yes, that's
a banger.

Speaker 10 (01:39:04):
Yeah yeah, So like so, you know, big songwriter, and
then yeah, so she wrote it for Sugar Babes and
then they released it in two thousand and three. It
was a big hit, and Richard Curtis actually hand picked it.
I think he might have handpicked like most of the
music for Love actually, because he said it was really
important to him that the soundtrack reflects Britain at the
time in two thousand and three. And so yeah, that's
how the song ended up in the film, not the
Pussycat Dolls, who did not reflect for two.

Speaker 2 (01:39:25):
But then again, like we were just talking about the
fact that the Pussycat Dolls are so forgettable, So it's
really not a surprise that I've just imagined it was then,
but the.

Speaker 10 (01:39:32):
Greatest achievement that didn't actually happen you ended up.

Speaker 2 (01:39:35):
Yeah, the greatest achievement was actually by.

Speaker 10 (01:39:37):
The sugar I like the Pussycat Dolls, they are not
in the same leap as sugar Bags.

Speaker 2 (01:39:41):
The songs a banger. You listen to this, you'll it'll
take you right back to that scene that hussy she's
never been heard of a DNA because we hated her
after that movie. See You Tomorrow song m Hm, No

(01:40:02):
One can.

Speaker 6 (01:40:04):
Mean not maker.

Speaker 2 (01:40:25):
The bay.

Speaker 5 (01:40:28):
Last okay, lasting everything that you nothing.

Speaker 2 (01:40:39):
Can can't say.

Speaker 3 (01:40:44):
Just bag got back the things that you to.

Speaker 2 (01:40:51):
To rusting you.

Speaker 8 (01:40:54):
Nothing.

Speaker 1 (01:40:54):
You for more for from Hither Duplessy Allen Drive. Listen
live to news Talks at B from four pm weekdays,
or follow the podcast on iHeartRadio

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