Episode Transcript
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Speaker 1 (00:01):
The issues, suits, the interviews and the inside Ryan Bridge
new for twenty twenty four on the early edition with
Smith City, New Zealand's furniture vents and a playing store.
Speaker 2 (00:14):
The news dogs, it'd be good morning, welcome to your Friday.
It is six half to five. Great to have you
on the show this morning. A new free trade deal
has been announced overnight with the Golf States. But how
big is it for our exporters. We'll look at that
before six Vincent mcavinie and the UK Europe. The Spanish flooding.
Why weren't they warned more than one hundred people have
(00:35):
lost their lives there, and we'll ask Tony Johnson about
Damien mackenzie losing the number ten Jersey. Plus this news
of even the group. What happened off field? At seven
after five? Now the agenda and it is Friday, the
first of November. North Korea has fired an intercontinental ballistic
missile in its longest ever recorded test flight, flying more
(00:57):
than eighty minutes.
Speaker 3 (00:58):
Defense officials in Saul say that North Korea seems to
want to develop weapons that fly farther and higher, and
according to them, the task was possibly aimed at increasing
the PLOD of the missileone.
Speaker 2 (01:13):
We'll tell you more about that in just a second.
The Multi Party MP ticket to Ferris has said this
to members of the public who are submitting on a
bill and.
Speaker 4 (01:23):
As will move on to a submission applesy on Law Society.
Thank you first comments, mister Ferris.
Speaker 2 (01:32):
What you couldn't quite hear there was him saying effing
racist to one of the submitter is a former Act
Party MP. He's been obviously told, well, we'll be told off.
There's been a complaint. Laid shares and big tech companies
in the United States have fallen overnight. Is they warn
a return on investment or your ROI on your AI
might take a while. Both Microsoft and Meta have said
(01:55):
that expenses are growing due to AI investment, which could
put pressure on profitability, and Microsoft had met it down
four percent, Amazon down one point four. Radioheads Tom York
walked off stage during an exchange with the Gaza protest
during his Melbourne show. You're not here, say that right, don't.
Speaker 1 (02:14):
Stand there, Michael Carron, imre.
Speaker 2 (02:23):
Rememberbody's name?
Speaker 5 (02:24):
Come on?
Speaker 3 (02:30):
Yeah.
Speaker 2 (02:30):
The crowd wasn't very happy with that. He did walk off,
but then later came back and finished performing Meanwhile to
the actual conflict. Israelis and US officials are meeting today
for talks on a possible delta end the Lebanon conflict. Meanwhile,
in Gaza, Hamas has rejected a short term peace deal.
Get ahead of the headlines.
Speaker 6 (02:51):
Ryan Bridge you for twenty twenty four on early edition
with Smith City, New Zealand's Furniture Beds and a Planet
Store news talk, said.
Speaker 2 (03:00):
I'll tell you what I think about Mike King just
after just before the news at five point thirty as well.
Nine two nine two is the number to text, would
love to know what you're thinking about that situation. A
lot of coverage in the last twelve hours North Korea.
So basically what's happening is there's an election on in
the United States. Donald Trump's getting a lot of air time,
Carmen Harris getting a lot of air time, and little
(03:21):
Kim is jumping up and down saying, Hey, don't forget
about me over here. I've got nuclear weapons, and I've
got ICBMs, I've got intercontinental ballistic missiles. Don't forget about
me down here, people. So he fires this missile. It's
in the here for eighty six minutes, which to me,
seems like a hell of a long time. I mean,
that's as long as that's a movie. You know, you
(03:43):
put a movie on, you watch the entire thing gets
to the end, and the missile finally hits its target.
Can you not do a lot in that eighty minutes,
like bring it down out of the skies? I would
have thought so. Anyway, Japan reckons that the US that
North Korea can hit the US mainland with one of
these that I've never done it before, IBB. And this
one only went about one thousand kilometers and it's eighty
(04:03):
six minutes. The last one that they fired went for
about seventy minutes. This was in December last year, and
again went for about a thousand kilometers. Now to get
from North Korea to the United States ten thousand kilometers,
So apparently what they're doing is just testing that they
can go further. But they're just testing to see how
(04:25):
big a payload and warhead they can put on this thing. Basically,
how much they can weigh it down and then work
out how far they can go if they want to
really go for it and hit the US mainland, which
is obviously the big fear. So interestingly, with this particular exchange,
they fired at a sharply raised angle and reached as
(04:47):
high as seven thousand kilometers. It would have covered a
further distance if it was launched horizontally, So they're obviously
going up, not across, and checking how heavy the thing
can be, needs to be, and how far they might
be able to get across once they finally decide to
do so. In fact, that's what happens. So there you
go to the updale on North Korea this morning. It's
basically just come wrong in with its little short man syndrome,
(05:10):
feeling a bit left out of what's happening in the States.
Eleven after five Bryan Bridge. Also this morning, we have
October Credit Indicator. This is centric start and basically the
numbers are confirming the headlines and this is depressing to
read to you on a Friday morning. But credit defaults
are up. This is for businesses. Credit defaults up sixteen
(05:32):
percent across the board. The worst hit transport and construction.
Those surprises there. Company liquidations up twenty five percent year
on year, the highest monthly total in ten years. Unsurprisingly,
construction again hit worst, Hospitality thirty four percent increase in
company liquidations and I think looking at what happened on
(05:53):
Labour weekend when it comes to HOSPO wasn't particularly busy.
I don't think we're going to have a particularly busy
December New Year period either. But that's just me. Twelve
minutes half to five news Talk, said B. Back in
a second, let's a job.
Speaker 6 (06:13):
News and views you trust to start your day. It's
early edition with Ryan Bridge and Smith City, New Zealand's furniture,
beds and a flying store.
Speaker 1 (06:21):
News Talk said B.
Speaker 2 (06:23):
A bit of a broccoli warning for you this morning
as well. At fourteen after five. So this is Horticulture
New Zealand's put out a press release and they are
worried about the government's reviewing freshwater regulations. They obviously want
them to be loosened. It's looking at nitrogen runoff and
the previous labor government had introduced standards which they say
(06:44):
was going to limit how much they could produce and
therefore affect price. So what they did is when it
got a report done by the Nzier and they have
found that let's take broccoli for example, they reckon the
price could go as high as twenty seven dollars a kilo,
or about nine dollars ahead if veggie production is cut.
(07:04):
They say that cutting vegie production twenty percent, which is
what would have to happen and vegetable supply, would push
vegie prices aren't by at least twenty percent and potentially
buy as much as one hundred percent. Now, if it
sounds like scare mongering, you can probably take a grain
of scare mongering salt with this. But interestingly, eighty percent
of all veggies grown here are actually eaten by us.
(07:26):
We eat eighty percent of what we grow. And they
want to basically want to carve out horticulture New Zealand.
They want to carve out for your commercial domestic growers
so that they are exempt from any regulations that might
come into force. Why Well, because veggies are good for
us to eat. It is sixteen after five Ray and Bridge, right,
we're going to talk about menopause now, So for those
(07:49):
of you who aren't interested in menopause, well maybe you'll
learn something a step forward for women with menopause. From today,
Farmak is funding the hormone replacement therapy medication ISEL. In May,
there was a shortage of the hormone therapyal replacement pinches
due to an increase in demand. So now the funding
means that thousands of Kibi women will have access to
(08:09):
the gel that can help manage some of the symptoms
of menopause. Doctor Linda Deere is a clinical director of
men A doctor and she's with us this morning. Good morning,
Good morning. Tell me how effective is this estrogel.
Speaker 5 (08:24):
It's wonderful stuff. So yeah, estrogel contains what we call
body identical estradial, which is the specific type of estrogen
that women's ovaries make, and that's the stuff that goes
a bit bonkers and then drops around menopause. And that's
why women can get so many different symptoms because that
(08:46):
hormone talks to a lot of different parts of women's
bodies and brains, and estragel is a way to put
that hormone back into a women's body in a nice, reliable,
stable level every day.
Speaker 2 (09:00):
So did do you have to take it for evething?
Speaker 5 (09:03):
Now? Most women don't take HRT or we're supposed to
call MHT now menopausal hormone therapy. Most women don't take
it forever. It just gets them through the rough bit
as their body kind of adapts in the background. So
i'd say, average five to seven years. Women take it four,
but there are some women who take it forever, and
we actually think that's okay for some women to do that.
Speaker 2 (09:26):
What does it feel like having minopause?
Speaker 5 (09:30):
So, menopause itself is when a woman's periods stop, and
that happens because her ovaries run out of eggs and
stop making hormones. But before that happens, there's another phase
called perimenopause, which is often really what we're talking about
when we say menopause. That's a bit before the ovaries
fully stop and they actually just get tired and erratic,
(09:54):
and it's a bit like puberty, but the other way around,
so your ovaries are shutting down instead of starting up.
And I can go on for quite a few years,
and it actually starts in a woman's forties perimenopause, so
there can be symptoms in that time that are often
not recognized as hormonal. And then yeah, menopause happens, as
in a woman has her final eber period and then
(10:17):
everything after that is what we call postmenopause, and women
can continue to have symptoms after their periods stopped as well,
because the low levels of hormones can cause problems, so
women might need help at any point in that kind
of whole journey that they moved through.
Speaker 2 (10:35):
I've got lots of friends. I've got lots of friends
in this particular age breakeet, and they swear by this gel.
Is this is a question from a man. We run
out of testosterone at some point and we start testosterone
starts reducing. Do they have pictures for men for testosterone replacement?
Speaker 7 (10:50):
Do you know.
Speaker 5 (10:52):
You've got gel? You still have a patch? Yeah, I
think the patch has been discontinued now, but there's a
testosterone gel. And it's true men's testosterone does decline. It
doesn't dramatically quit on you in the way that estrogen
dramatically quits on us. So it's because it's so gradual
(11:12):
for guys mostly that doesn't cause problems, but you're right,
for some men it does. And there is there is
a testosterone deficiency that men can suffer with, and you know,
measuring levels can tell a man if that's happened for him.
And it's also interesting that men's testosterones these days are
lower than they used to be, so there has been
(11:35):
this decline. So even a man of the same age
now has a lower testosterone level than twenty years ago.
Speaker 2 (11:42):
Interesting though interesting though that it drops off at different rates,
doesn't it for men and women? And we have to
leave at the doctor lunder Deer, thank you very much
for coming on the program. Clinical director of mena doctor
talking about the fact that this istragel is now available
funded by Phimeek from today. It is twenty minutes. I
was told that you lose one percent of your testosterone
(12:02):
every year after the age of thirty. I don't know
if that's true or not, but basically the thing is
you need to get into shape. You need to get
as mostly as you possibly can while you've still got
the testosterone before you lose it all and there's no
hope of getting MUSCLI. That's what I've been told. Twenty
after five.
Speaker 6 (12:22):
Ryan Bridge new for twenty twenty four on early edition
with Smith City, New Zealand's furniture beds and a playing store.
Speaker 2 (12:30):
News Talk said b twenty three after five news Talk said,
be right, the All Blacks are facing England. That took
in him this weekend and the team was named overnight
Boden Barrett back in the number ten Jersey largely different
squad completely changed other than three players basically from the
team that we played against Japan. Tony Johnson's rugby commentators
with US Live this morning, Tony, good morning, to your right.
(12:52):
A couple of things to whip through. First of all,
that number ten significant.
Speaker 7 (12:56):
Yeah, it is because mcdamien McKenzie's been giving a fairly
long leash this year. He's just been a bit too erratic,
brilliant at his best, but just tending to be I
think almost part of this the All Black sort of
falling off the cliff a little bit in the second
half as they've been doing Barrett. I don't think it
(13:17):
was their original intention to go back to him, but
his experience will be invaluable, perhaps just a little more consistent,
and so they put him together with his brother, so
it's a key thing. The other one, too, is half back.
I think we expected TJ Peinader, perhaps with his experience,
(13:37):
to be part of the mix. It's been quite bold.
They start with royguard, sorry, they start with Atma Royguard
off the bench. I think that's a really great move.
And you know there's a couple of other selections there.
I suspect Ethan the group might be injured, otherwise he
would have been in the front row.
Speaker 2 (13:53):
Yeah, I was going to answer about that. Is that
nothing nefarious off the field?
Speaker 7 (13:58):
No, I don't think so. I presume it's some sort
of injury thing. I haven't seen the comments around it.
I've just seen the team Ryan, but I would have
to be an injury.
Speaker 2 (14:09):
Do you think, well Damian McKenzie will ever get back
to go back to number ten or do you think
that's sort of.
Speaker 7 (14:15):
I think he will, yeah, but I think he's just
got to show a bit more consistency. And as I say,
we saw it in the game against Japan where the
all backs in the second quarter were just playing brilliantly
and then it dropped away in the second half, and
you know, for one reason or another, he just seemed
(14:35):
to be symptomatic of that. He's got so much talent,
But I just think in a test match like this,
a very high op game test, I think they've felt
to continue with it might have just been a bit
of a risk. But he'll come off the bench and
I think that what might be where he can provide
some really good.
Speaker 2 (14:51):
Value a big game before a big hacker.
Speaker 7 (14:56):
I mean, there's three certainties in life. Really, isn't death
taxes and cacophony of complaining in the British media about
the Harker ahead of an all black England test at Twickenhim.
I mean, you could set your clock to it, couldn't.
It comes up every time. It's the one part of
the world where it comes up to this degree. And
I suspect I think it portrays and rather deep rooted
(15:19):
colonial lattitudes at times. But how seriously should we take it?
How seriously should we take the comments of Stephen Jones,
a guy who sort of, you know, I think, seems
to have this deep seated hatred of the all blacks,
which influences the way he writes. And also the guy
who sparked at Marla, you know, a guy who fired
this off on his way out the door exiting the
(15:41):
England camp for whatever reason, so he's not actually going
to front up in the test. A guy who was
once fined twenty thousand pounds and banned for two games
for making an ethnical insult against one of the Welsh
players called him a gypsy boy because of the player's background,
all the while the crowd in the background singing a
song about slow. I'm not sure why we should take
(16:01):
it seriously. But we do delight in taking outrage and these.
Speaker 2 (16:06):
Things, and so we've taken the bait hook Lions thinker,
haven't we? Tony Jolson, Rugby commentator. It's twenty six after
five News Talks HEB.
Speaker 6 (16:15):
The early edition full the Show podcast on iHeartRadio powered
by News TALKSB twenty.
Speaker 2 (16:21):
Eight after five year on News TALKSB. Now I have
it's my mistake. It's my fault. I have run out
of time to tell you my thoughts on Mike King.
We'll do that after the news which is coming your
way in just a few minutes. Also this morning, we
are talking this new trade deal that's been signed overnight,
well announced overnight, I should say, with the Golf States.
We'll look at exactly what it means for exporters. Apparently
(16:42):
the average tariff right for the Golf States is only
five percent. So is this going to be a game changer?
Is this going to be another China FTA moment? We'll
ask an expert. Just before six o'clock, Vincent mcavney out
of the UK and Europe on the Spanish flooding. So
much more to get to, plus lots of messages on
Mike King coming in already, and our controversial decision to
(17:04):
do a menopause interview early this morning. Certainly find some
people up though someone is asking for the name of
the gel, so there you go. Leo News is next.
Speaker 6 (17:22):
The news you need this morning and the in depth
analysis early edition with Ryan Bridge and smit City New
Zealand's Furniture Beds and a flying Store News Talk sid.
Speaker 2 (17:32):
Be Good morning, New Zealand. Welcome to your Friday. It's
twenty four minutes away from six o'clock. We're going to
beat England at Twickenham on the weekend. You heard it
here first. Great to have you on the show this
Friday morning before six o'clock. A former New Zealand trade
(17:52):
negotiator on the Middle East Deal, plus Vincent mcavnie on
the Spanish flooding out of the UK and Europe this morning.
Right though, Mike King, you cannot have it both ways
with Mike King. You can't say you care about and
want to hear from people with so called lived experience
and then dismiss them when you don't like what they say.
(18:14):
Everyone knows he doesn't have a PhD in mental health studies.
Settled down Sally he looked to me to simply be
riffing his opinion. So what props to the Mental Health
Foundation and to the Minister, who've both handled their responses
pretty well. I reckon giving kudos to Mike for his
incredible work with Kiwi kids while also pointing out the
fact there's research out there that doesn't support his worldview.
(18:37):
Is there really a big deal here outside of Labor
trying to score a hit job because they're pissed that
King bashed them at the last election. Also, what is
really worse for mental health in this country Mike King
going on a booze rant or Labor spending one point
eight billion dollars in delivering not a single new acute
mental health bed in five years. What's to use the
(19:00):
terms that they love more dangerous for our vulnerable youth
and Tamadiki. It's not Mike King, That's for sure. We
can have all the experts and the researchers and the
academics and the politicians in the world writing essay after
essay at great expense explaining our mental health problems, and
it's fine that they do, but what they will never
(19:21):
deliver is anything like the practical grassroots counseling sessions and
awareness that Mike King has for our kids for years.
We're going to our reporters around the country, our color
practice in an Eden first, and on this issue, the
big licensing decision from the district Alcohol Licensing Committee this
(19:42):
morning column. It's right to kick this all off, isn't it?
Speaker 8 (19:46):
They decide today whether it's a grand a license to
this fashion show are raising money for suicide awareness, which
has caused so much debate. Saturday Nights events been organized
by an Otago student at a local shopping mall. Police
say approved this license would be an appropriate and harmful
given the link between suicide and alcohol that we've spoken
to the organizer, she says she's been overwhelmed with all
(20:08):
of this publicity. She says she will front the hearing
this morning to fight for her event and for other
organizers in the future. She says, though the show will
go on either way. This hearing's at nine o'clock this morning.
All right, your weather today, rain developing, possibly heavy and
thundery with hail this afternoon high fifteen, nice one, Come
and thank you Claire's and christ you Tay Claire.
Speaker 2 (20:29):
The Youth Hub is being opened down there.
Speaker 9 (20:33):
Yes, Well, the first phase of our Youth Hub is
officially open. This is the twenty one million dollar building.
It's designed to provide some wrap around services for about
a dozen different youth providers here in christ Church. This
hub is the first of its kind in the country.
It is the brainchild of longtime health advocate to Dame
Sue Bagshaw, the Health Youth Hub Trust chair, says it's
(20:56):
just the beginning of much more to come. There is
a supported housing wing which will open early in the
new year. Dame Sue is hopeful this is about giving
young people a safe space to connect in person with
their peers, as well as with some nearby support services
we needed.
Speaker 2 (21:10):
I hope it goes well. How's your weather today.
Speaker 9 (21:12):
Clip, A little cloudy to start, there is the chance
of a shower later today. Northwesterly's turning southwest and a
high of twenty two.
Speaker 2 (21:20):
Have a great weekend. Max is in Wellington this morning. Max,
Good morning, You've got good vibes ahead of a football derby. Yeah,
that's right.
Speaker 10 (21:29):
I'll certainly be there the Phoenix versus Auckland FC tomorrow.
There have been a couple of stories this week, particularly
an item on one news warning of potential fan violence.
We looked into it seems like a bit of a
beat up that's not part of our sporting culture. No, absolutely,
no indications tomorrow's game could turn ugly. Five o'clock kickoff,
so a great time for families to turn out. What
(21:50):
it is is a wonderful, wonderful occasion for football fans
in this country, the first professional derby. We spoke to
Phoenix general manager David Dome. He's expecting roughly eighteen to
twenty thousand people. Great for Sky Stadium, both teams making
strong starts football wise, adding that little bit extra always
want to see a good game. Several hundred Auckland fans
(22:12):
and away end, but far more expected sprinkled throughout the crowd.
There are pre match meetups arranged in the city a
day a lot of people have been looking forward to
for some time.
Speaker 2 (22:22):
I dun'b question, but what's a football derby? What's the
difference between a derby and just a game?
Speaker 10 (22:26):
A derby is essentially a sort of a rivalry game
between two usually local teams, so it adds a bit
of spice to it.
Speaker 2 (22:33):
So it's just a game. Well yeah, but you know.
Speaker 10 (22:38):
In British terms, it would be Manchester United versus Manchester City,
you know, a city derby. I'm not sure I can
encourage you any better than that.
Speaker 2 (22:46):
Is that maybe that's where the violence thing came from.
That we're know it's going to kick off like it
does over there.
Speaker 10 (22:52):
Well, what was interesting is that these threats weren't even
specifically referenced. I mean, maybe someone's made the odd comment
on Reddit trying to be a troll or fortius. I
don't know, but everyone we've spoken to there's there's really
no serious risk of that at this point.
Speaker 7 (23:06):
LA.
Speaker 2 (23:07):
Well, that's good to hear. How's your weather max for
this derby.
Speaker 10 (23:10):
Mostly cloudy, stronger northerly, seventeen in the city.
Speaker 2 (23:14):
Brilliant. All right, thank you very much. Nevas an Auklin
all can Transport stepping up. It's fight against potholes.
Speaker 11 (23:19):
Potholes, Yes, making a pothole promise. Are you a believer?
So what's happening is that they're going to repair at
ninety five percent of them, this is on the arterial
and regional road network within twenty four hours of them
being reported. That's what they're saying. They'll be fixed within
five days. On all other sealed roads, so this is
the same target that NZTA is committed to. This is
(23:42):
on all state highway. So the AA says, look, this
is great to have so much focus on this issue
here and obviously it's going to be music to the
ears where a whole lot of Auckland drivers. So let's
see if they do it.
Speaker 2 (23:54):
Great news, grain news. Although I do know they say
ninety five percent, so any pothole that's not fixed, they
can say it's part of the five percent. We'll get
there eventually. How's our weather today.
Speaker 11 (24:04):
Mainly five We've just got isolated morning showers. Orphans high
today twenty brilliant.
Speaker 2 (24:08):
Thank you very much, Neva. Great to see you. Somebody
has text and saying that they enjoyed listening to what
I had to say about Mike King, but pointing out
it's gumboot Friday today, which I had just forgotten so
and all of the drama. So please, if you have
a bit of spare cash, do donate to Gumboot Friday. Also,
somebody was asking about the menopause gel that we interviewed
(24:29):
about start of the program, the name of the gel
because the man says, my wife has terrible menopause, and
I would like to get the estra gel to that
gentleman who text in. It's seventeen to six news talk, said.
Speaker 6 (24:40):
B International correspondence with Ends and Eye Insurance, Peace of
mind for New Zealand business.
Speaker 2 (24:48):
In details on the trade deal with the Gold States
coming away in just a second, right now, Vincent macavi
any a UK europe correspondent. Vincent. The death toll still
rising from this funding in Spain.
Speaker 12 (24:59):
Yeah, the death toll is now up to one hundred
and fifty eight people with we understand it. One hundreds
more still missing. This has been a remarkable and tragic event,
about a year's worth of rainfall coming down in just
eight hours in the Valencia region. It has caused widespread devastation.
(25:20):
You really should look at the photos. I mean this
was completely you know they were expecting bad rain, but
nothing like this. It's destroyed roads and homes, buildings, It's
taken out bridges and highways. It is utterly devastating and
the Spanish Prime Minister has been visiting the scene today
promising all kinds of support. There is EU wide support
coming in for this region and sadly it feels like
(25:42):
this death Holl. I mean, just looking at these pictures,
the number of vehicles sort of stashed up and washed
away in this people were just caught completely on the
hop It feels like the death Holl will sadly continue
to rise.
Speaker 2 (25:52):
Yeah, it's like somebody who has picked up a box
full of cars and just tipped them on a straight
It's frightening to look at a lot of people angry
about the lack of preparedness. You know, by the time
they got the warnings, the flooding had already started.
Speaker 12 (26:07):
Yeah, that's right, And I mean they're from listening to
interviews with people on the ground. You know, there had
been a severe drought in this region of Spain for
many months. The ground was completely sort of hard and dry,
so this water had nowhere to go. It couldn't seep
into the earth, so it has all just gathered so quickly.
And I think there are questions now as to why.
You know, there were warnings ahead of the rainfall that
(26:30):
there would be strong rainfall, but I think the reactions
this rainfall was going along, I mean, you know, there
should have been a bit more perhaps, I think people
are saying of a response after the first sort of
two three hours of how heavy this rain was, to
alert people to get off the roads and get to
safe higher ground if possible.
Speaker 2 (26:47):
Thanks so much for your time this morning. That's Vincent
meca Any, a UK europe correspondent, just gone twelve minutes
away from six Brian Bridge. Great news for qwe exporders
this morning. We've signed an FTA with the six nation
Golf Operation Council. That's the saudiast uae Q, eight Bahrain,
Qatar and Oman. Together they will become our seventh largest
(27:08):
export destination by value. As a result of this exchange,
largely dairy and meat exports will benefit. Charles Finney is
a former New Zealand trade negotiator. He's with us this morning.
By the way, duty free access for ninety nine percent
of our exports over ten years. This when combined with
the recent deal we did with the UAE. We're going
(27:30):
to Charles Finny now, who is with us live. Charles,
Good morning, Good morning Ryan. Is this a good deal?
Speaker 7 (27:36):
Yeah? I think it's very good. Obviously we haven't seen
the full detail yet, but as you've just been saying,
ninety nine percent of our exports free of duty within
ten years and about fifty percent if you combine this
with the UAE deal. It was pronounced recently we will
be free within a year. So that's really good news.
(27:58):
I suspect, as you say, meat and dairy will be
the initial beneficiaries, but it'll be wider benefits and also
good news. I think cross services exporters.
Speaker 2 (28:09):
Do you talk to some of our exporters, they say, actually,
Paris are pretty low here, roughly five percent. Is it
going to be It's not going to be a big
game changer like a China FTA.
Speaker 7 (28:18):
Oh no, it's not that. I think it does increase
certainty and allow people to look again in more detail
at this market. I think the timing couldn't be better.
We've got some slowing of the Chinese economy, some slight
reduction in export demand there, and we've got real uncertainty
(28:39):
being caused by the US presidential election. Whoever wins, it's
going to be more difficult I think for New Zealand
exporters going to that market, and there'll be some other
implications around the world. So you're having a market as
big as the GCC. I think, particularly for meat exporters
(29:00):
without duties, is going to be really powerful.
Speaker 2 (29:02):
How much of the hold up over this because obviously
McLay has been instrumental in getting this deal over the line.
How much of the hold up was to do with
that whole Saudi live meat export saga.
Speaker 7 (29:14):
Well, obviously that was a complication early on. It's fantastic
that's behind us, and well done top of McLay for
putting it behind us.
Speaker 2 (29:22):
Yeah, yeah, goodbye and we won't miss you. You mentioned
the need to put our eggs into lots of different baskets.
Are we doing enough of that?
Speaker 7 (29:32):
I think in general yes, but there are some product
areas where we're still very heavily dependant on one market,
I think for a whole range of reasons, not just politics.
It's very wise to have a range of options available,
and this free trade agreement is just another new opportunity.
(29:54):
And we've done the UK and EU in recent times,
the UAE deal now GCC added to our existing network.
We're in a very powerful position and we need to
have this flexibility available to us because of the global
uncertainty that is inevitable after the election in the US.
Speaker 2 (30:17):
Well, that's that the do you worry FTAs are going
out of fashion? You know, as these protectionist policies come
in from more protectionists leaders, prime ministers and presidents around
the world.
Speaker 7 (30:28):
I think the real threat is at a global level,
and so there is a willingness by some of the
major players to ignore global trade rules set in the WTO.
But the good news is that we're still seeing a
good number of free trade agreements are being negotiated. I
(30:48):
think that whoever wins in November and States is going
to cause uncertainty which will increase interest in agreements such CPGPP,
and I think a lot of lot of countries will
look at a dealer have just done with GCC and
(31:09):
be encouraged to negotiat also with the DC seekers. Clearly
they are able to negotiate higher quality agreements than people thought,
particularly around agriculture.
Speaker 2 (31:18):
Interesting take. Thank you very much for that. Charles Charles Funny,
former New Zealand trade negotiator, on the program eight minutes
Away from six News.
Speaker 6 (31:25):
Talk SIB the first Word on the News of the
Day Early edition with Ryan Bridge and Smith City, New
Zealand's Furniture Beds and a playing Store.
Speaker 2 (31:34):
News Talk sidby. It is five to six or on
News Talk SIDB. We've covered the new Trade Deal with
the Golf States. This morning. We've covered Mike King. This morning,
we've covered all manner of things, but we haven't talked
about in Mike Hosking is here quite fine enough about
the fact.
Speaker 4 (31:47):
I'm having this argument about the furies with my producer,
and I said, where is the faery story this morning?
It's not now news bulletins as far as I know.
Happy to be corrected, it's not now news bulletins. It's
not on your show, it's not on my show.
Speaker 2 (32:00):
It will be now.
Speaker 4 (32:01):
But you've got a report yesterday, and my may Fast
reported yesterday.
Speaker 2 (32:07):
It was widely replied.
Speaker 4 (32:11):
I I agree with all of that, but there are
implications out of this because this is a transportation system
that represents State Highway one.
Speaker 7 (32:19):
Right.
Speaker 4 (32:19):
So the story up until this point has been that
the fairies are useless and they're old, and we have
the unions on every three and a half minutes telling
the government to buy more fairies, and that's been the story.
What the story really is, as we found out yesterday,
is three idiots.
Speaker 2 (32:32):
Didn't know which button.
Speaker 4 (32:34):
We literally didn't know how to drive the ship. Literally. Now,
if that had been an aeroplane, this would be a
national crisis. So you're driving the public transport system on
State Highway one into the land because you have and
it's not it's not a complex, it's not like you know,
we spent three hours yesterday working through how the system works.
(32:56):
It's a button.
Speaker 2 (32:56):
There's two buttons.
Speaker 4 (32:57):
There's two buttons, and the main button is to stop it.
You push it for five seconds to unlock it.
Speaker 2 (33:04):
But the thing that we don't know because they don't
apportion and blame in this first report, right, so they
don't say that's the fault of the individuals, or is
it the fault of the fact that they weren't trained properly?
Speaker 4 (33:14):
It's the stomach. I mean, honestly, if you get on
a ship and you're called the master and you don't
know how to turn off the automatic pilot system, are
you really the master? Or are we just why don't
you you go, Ryan, go on, you sail the ship today.
Speaker 2 (33:29):
I have enough problems pressing these buttons on and off.
Speaker 4 (33:32):
I don't know, it just seems it just seems we're
such a mounted little country and it's like, come on
anyway more on this lane, right.
Speaker 2 (33:40):
Sounds like a happy Friday from Mike. Enjoy everyone, I'll
see you on Monday.
Speaker 6 (33:47):
For more from Early Edition with Ryan Bridge, listen live
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