March 12, 2025 • 34 mins
On the Early Edition with Full Show Podcast Thursday 13th of March 2025, the Government's big investment summit kicks off today in Auckland, Auckland Business Chamber CEO Simon Bridges tells Andrew Dickens what to expect.
The latest survey from the Police shows 31% of people still don't trust the cops, Former Police Negotiator Lance Burdett shares his thoughts.
The Government's proposing tax changes to make things easier for foreign investors starting businesses in New Zealand.
US Correspondent Mitch Mccann shares the latest on the trade war between Canada and the US.
Get the Early Edition Full Show Podcast every weekday on iHeartRadio, or wherever you get your podcasts.
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Speaker 1 (00:01):
The issues is the interviews and the inside. Andrew Dickens
on early edition with one roof make your Property search simple,
News talks at be.
Speaker 2 (00:13):
As Goodboarding to you, Welcome to your Thursday. You can
almost smell the wiki and can't you thank you so
much for joining us today. Coming up in the next hour,
foreign investment rules are changing, so how happy are tech
companies with the changes? Will have that story for you
in five we have more confidence in our police. We'll
talk to Laden Spadette about this in about ten minutes time.
And the big Investment conference is kicking off today and
(00:35):
we're going to talk to the auchand Chamber of Commerce
head Simon Bridges about what he hopes from it just
before six o'clock. We're going to have correspondence from right
around the world and New Zealand much we can from
America and you can text the program anytime you like.
The number is ninety two ninety two or small charge appliers.
You can email me Dickens at Newstalks atb dot co
dot NZ. It's seven after five.
Speaker 1 (00:58):
The agenda, so it's.
Speaker 2 (00:59):
Thursday, thirteenth of March to the trade war we Go.
Canada has announced retelliatory tariffs on more than twenty nine
point eight billion dollars worth of US goods that's Canadian.
This is after Donald Trump's twenty five percent tariffs on
steel and aluminium came into effect. The tariffs include steel
products with twelve point six billion Canadian as well as
(01:21):
sports equipments, computers, and cast iron goods.
Speaker 3 (01:25):
It will put thousands of jobs at risk, and I
would add all necessarily, and it will weaken North America's
economic and national security. My dear friends, whether you're in Canada,
in the United States, we cannot let uncertainty become the
new certainty in North America. That cannot stand. That will
(01:45):
make us less competitive. That's going to weaken US, and
that's gonna affect our economic security.
Speaker 2 (01:52):
And the US Secretary of State Macco Rubios is tariffs
are not there to punish other countries, but steel and
aluminium national security concerns for the United States. Meanwhile, staying
with mister Rubio, he says the ball is now in
Russia's court when it comes to ending the Ukraine War.
He says the US will speak with Russia today on
a thirty day cease fired deal which Ukraine agreed to
(02:14):
when they were talking to Saudi Arabia yesterday.
Speaker 4 (02:16):
We're going to bring it to them directly. We're going
to say that Ukraine is prepared to stop all battlefield
activity and began the immediate process of negotiating and enduring
end of the war. And we'll see what the response is.
If their response is yes, then we know we've made
real progress and there's a real chance of peace. If
their responses, know, it would be highly unfortunate. And then
(02:37):
to make their intentions clear.
Speaker 2 (02:39):
Meanwhile, of course, Foreign Minister Wist Peter says, flying to
Washington and we'll meet with micro Rubio in the coming days.
And finally to Greenland we go, where their center right
opposition has won a surprise general election victory. The voter
course dominated by independents and US President Donald Trump's pledged
to take over the island. So the winning parties the
Demiccradhic Party, which favors a slow approach to independence from Denmark.
(03:04):
They achieved around thirty percent of the vote, which is
up from nine point one percent in twenty twenty one.
Speaker 5 (03:09):
They said that they will put the economy first and
they've really focused on platus about sort of proving the
business environment, and it seems that that that has drawn
in fifty percent of the vote. You know, the very
small party only four years ago. So it's a huge,
huge shit.
Speaker 2 (03:24):
It's coming out ten past five.
Speaker 1 (03:27):
Andrew Dickens on the edition with one roof make your
Property Search Simple used dog zibby to.
Speaker 2 (03:34):
The domestic controversy that is the green bin. So Fanganui
is rebelling against that food waste program that many councils
have adopted. More than that, it's been talked about these
green bins becoming mandatory by some people. So Fanganui went
down the path bought nineteen thousand bins, but it's now
pulling out. So we all know about the green bin.
(03:54):
Don't we yestick your food waste in it instead of
down the waistmaster, instead of dumping it into the general
and presumably other than putting it into your own compost bin.
That's the hope. The idea came about to stop buyo
waste fermenting in our tips. Last night the Hamilton Council
said this is working. They say that methane emissions are
there to have decreased, and of course they would decrease
(04:15):
more if more people use the bin. This thing also
came about because of all the crap we mash up
in the waste master that then slurries its way throughout
our pipes. We flush it down the drain, thinking what's disappeared,
But it hasn't. It's fermenting down there under our streets,
causing fat burgs and very expensive maintenance when it all
(04:35):
stuffs up. And then, of course if it doesn't stuff
up in a fat burg, it gets all the way
to the wastewater pond, where that costs you in rates
because it needs to be processed, and of course your
rates might decrease if more people use the bin. So
for the cost of eighty to ninety dollars a year,
the councils who have adopted the plan are hoping that
(04:55):
enough people use the bin to mean it's a zero
sum or better solution for our rates. Our family use it.
We used to compost all our stuff. We ended out
with too much compost, so we just stick it in
the bin. It's really simple, it's not hard, but many
people cannot be bothered. Many people find the bin offensive,
Many people can't see the logic, and many people are
(05:16):
very angry at what they see as council's wasteful spending,
so on that advice. In fang Anui, they've made nineteen
thousand plastic bins and now they want to throw away
nineteen thousand bins. Isn't that the most wasteful spending of
them all? As it's twelve minutes after five Hey, and
good news for long range trucking. The Desert Road reopens
(05:39):
tomorrow after a two month rebuild. Twenty eight lane kilometers
have been rebuilt, which is more than we're planned because
the work progressed so well. We've got a bridge with
a brand new deck on it. The road is getting
fit for purpose now. Of course, it was criticism of
the closure because of the distance of the detour and
the length of the whole thing. But like all works,
this has passed and it had to happen. It had
(06:00):
to happen because the road was being torn apart by
the big trucks we rely on because our rail service
is so terrible. And now from tomorrow the country will
have an asset that can can withstand the rigors of
its use and of course the formidable climate in the region.
And I know we bitch and we moan about roadworks
from Roague cones and all the impositions they cause when
(06:21):
they're happening, but you know they have to be done.
It's like complaining about the smell of paint when you're
repainting the house, but you know it has to be done.
And bit by bit, the roads of as cities and
state highways were finally getting to an acceptable standard. It's late,
you have to say, it's taken time, but we are
getting there. And by the way, there's more to come
as we make State Highway won a tolerable road all
(06:43):
the way from Tiro all the way to Wyotu. This
is the price we have to pay to become a
first world country. But thank god it's over. So enjoy
your drive tomorrow because you know, there's nothing like the
thrill of a new road. It's thirteen minutes half. So
there are changes to the Foreign Investment Fund, which is
supposed to make things easier for people with money overseas
(07:06):
to invest in New Zealand. And I know from this
conference which is starting today, they're really concentrating a lot
on tech, a lot of smart tech, and on space.
So will the changes to the Foreign Investment Fund actually
make a difference to tech companies. We've got a tech
entrepreneur joining us on the program. Next, this is News
Talks Here.
Speaker 1 (07:25):
Big the first Word on the News of the Day,
Early edition with Andrew Dickens and One Room Make Your
Property Search Simple, New Talk.
Speaker 2 (07:35):
Nippy sixteen after five. Like to welcome to the program. Richard,
the kayaker who takes me quite often. Why are you
kayaking at this time at the morning, Richard, and you're
out fishing? I love to know, but he says, I
almost fell out of my kayak when I heard you
say that rates would decrease. Fair point. Let me explain this.
Are rates never decrease. Rates always increase. Inflation is forever.
(07:57):
So when I say decrease, I mean the increase will decrease.
Do you follow right? The government's proposing tax changes to
make things easier for foreign investors setting new businesses in
New Zealand. So countless tech companies choose to leave early
into their business life, or they relocate to start in
the first place because they feel that conditions are better
overseas and there's more chance for growth. So these changes
(08:20):
I hope to make it easier for them to start up,
but they're most critically to stay and then grow. So
Phase one Ventures CEO Mahesh modernly Da is joining me
this morning. Hello, Mahash, What morning, Andrew? So how will
these changes help tech startups like yourself?
Speaker 6 (08:37):
Yeah?
Speaker 7 (08:37):
So the change is that Revenue Minister some what has
suggested is a change on rules that allow foreigners.
Speaker 6 (08:48):
To come in and also returning quees like myself to
come back home.
Speaker 7 (08:52):
And make sure that out the unrealized.
Speaker 6 (08:56):
Assets it oversees aren't taxed in Australia, US, United Kingdom,
Hong Kong, Singapore. When someone has unrealized gains like equity
in a startup, equity in your startup that you built,
it doesn't get tacked until it's realized. In New Zealand
right now, it gets tacked even if it's not liquid.
(09:21):
This prevents people who've done these school things and have
all of these skills from coming to New Zealand or
coming back home returning Hue too, because they're going to
get tacked on task that they don't have.
Speaker 2 (09:33):
Of course, there's a bit of a no brainer. Really,
you can't get text until you're making a profit. Meanwhile,
you're trying to finance yourself and keep yourself going while
you build the business. So that's a good thing. But
is there anything they missed? Would you have liked to
have seen more in the announcement?
Speaker 6 (09:47):
No, I think there's an opportunity to No. I think
first of all, this is fantastic, right, Like we're coming
up to turn with internship backed practice. One of the
biggest reasons I was one of the first guys Canva.
One of the biggest benefits for us at camera in
Sydney was when Google Sydney set up shop in Sydney,
(10:08):
and they wouldn't have set up shop if they had
these kind of rules. So this allows for overseas investment
to come in, stay and go, and then it's that
skills transfer from these people to our entrepreners who are
trying to do stuff and scale. There's an opportunity to
consider if we can extend this to everyone, so it
(10:29):
allows more and more fee to look up and start
investing and playing a global game, which is nearly the
number one thing we have to do to become more productive.
And finally just set this up with international standards.
Speaker 2 (10:43):
Yes, well, you've talked about how you've come back to
New Zealand and about how other New Zealand entrepreneurs have
come back because you have faith in the country and
now you've got some rules that are going to help
you as well. But what I want to know is
how common it is for companies to actually leave New
Zealand having done the hard Judds being started out, but
then leave because of the foreign Investment fund rules as
(11:03):
they stand.
Speaker 8 (11:05):
Yeah, so why do why do companies leave?
Speaker 6 (11:06):
Companies leave because one they want to get talent from
overseas and two because they want to access capital. Look,
the largest capital market in the world easily and the
best in the US. There are so many Americans who
want to be in New Zealand. So can we get
more of our tech companies staying here for their first
(11:30):
four to five years? And once you stay four to
five years, you're you're locked in.
Speaker 7 (11:34):
Right, So will they will they do their.
Speaker 6 (11:36):
Chance that they have belonging. Yes, an opportunity for the
government to extend things further and financist nicols to talk
about this is reducing corporate tax, but not that alone.
Maybe even reduce income from your first over these five
hundred thousand dollars made overseas or something along those lines,
(11:57):
which then trigger entrepreneurs to like it makes that Obussey's
dollars stay here longer.
Speaker 2 (12:02):
Mahesh, I thank you so much for your time today.
Mahesh Moderrida, who is Phase one Venture's CEO. And he
mentioned corporate tax. Yes, so the IMF came out and
talked about corporate tax saying that New Zealand's corporate tax
rates have to go down. I'm going to talk about
this shortly, but next, Trust and the Police is up.
We talk with Lance Burdett. Next. It's five twenty one.
Speaker 1 (12:24):
Get ahead of the headlines on early edition Andrew Dickens
and One Room, Make your Property search simple news talk,
said Bee.
Speaker 2 (12:32):
I was too keen to get back in the game.
It's five twenty two, so good news. Our trust and
Police is recovering. The latest crime and victim survey is
out and sixty nine percent of people say they trust
the police. This is good. The numbers are going in
the right direction. That's still though, thirty one percent of
people who don't trust the cops. So former police negotiator
Lance Burnett is joining me in our Hello Lance, morning, Andrew.
(12:54):
What are these numbers tell you?
Speaker 8 (12:57):
It's a good thing to be honest. I having confidence
and please has a flow on effect. So you and
we can talk about the crime stats that came out, Well,
it depends on what you measure and they ebb and flow,
But really it's that confidence in police. There has been
a change in leadership at the top and I can
see that immediately within the organization there is a positive impact.
(13:17):
But a commissioner Richard Chambers, he has a frontline officer
who has lots of experience and operations and he's putting
that to the fore right. So he's made some changes
at the top that's going to flow on down to
the police themselves. You're now seeing more police out on
the street. That's a great thing. We're going back to
opening up stations that we're closed. See the idea of
(13:37):
what is happening here is to be able to see police,
to get them back into the community and that makes
people feel safe. Therefore it lifts their confidence and more
likely to report crime. Now, there could be a bit
of a backlash, and sometimes there is that more people
start to report crime, so we suddenly have this great
fear factor of goodness me crimes going up. No, it's
(13:59):
not have more confidence to report crime. So you can
expect perhaps a little bit of a bullip, but it's
a good thing. I'm seeing more cops around dow Auckland
City and it's great to see them back walking on
the street.
Speaker 2 (14:12):
And it's going back to first principles. We were trying
to save money, but it was a silly decision. But hey,
we still have thirty one percent of people who don't
trust the cops. So what does that say to you.
Speaker 8 (14:22):
Well, that says to me, you're always going to have
a number and it depends on the time of the
survey whether they had a positive or negative interaction with police.
For whatever reason. I ended up investigating police officers and
what I found was most of the complaints were attitude
or bad language, and so who hasn't said a bad thing,
(14:43):
or who hasn't a bad day, and who hasn't had
something happened before they go? So that could have an impact.
But you know, I also want to come back to
the fact that it's not just police that we need
to focus on. If we're going to look overall at
reducing crime, there's other agencies. Reducing poverty, education, and allowering
unemployment are the three drivers of crime, so we can
(15:04):
start focusing on them. But yeah, overall, I think this
is a really good sign, a really good sign for
the future.
Speaker 2 (15:09):
Lad, So thank you for your toime. Lanceperdetz, who is
a former police and negotiator. Yes, the former commissioner talked
about poverty and the drivers of crime, but maybe perhaps
he was trying to run before he can walk. Now
we're back to having cops on the beat and we'll
see how we go going forward. It is now five
to twenty six. It's News Talks at bea Good morning to.
Speaker 1 (15:26):
You, the early edition full show podcast on iHeartRadio. How
it by News Talks at Me.
Speaker 2 (15:33):
News Talks AB now five twenty seven. It was a
big deal for Rod Duke to go public with his
concerns about the country. Yesterday, the managing director of Briscos
was announcing his company's full year result. He did well,
He held on to its revenue in a difficult year.
They asked smart operators at Brisco's. They can bring blood
out of a stone, it seems. But you know, it's
not part of the job description for the managing director
to pass comment on the government of the day. But
(15:54):
he did, and he turned up on Ryan Bridges' show.
But it is symptomatic of today's climate because we are desperate,
we are sick of the doldrums. We want our captain
to lead our way out of the quicksand so Rod,
as a corporate leader and a leader in society, said
the government needs to get it's us into gear and
do something. He said, it's been a year since the
(16:14):
last lot, so there's been more than enough time to
get proactive. But then when he was asked, well, what
should they do, he said, well, that's not my business.
I just want them to get their ars into gear.
And that's kind of the New Zealand problem right there,
because we're really good at identifying problems, but we're not
good at finding the solutions, so we moan about them
all the time. Now, interestingly, yesterday we had the IMF
(16:36):
come out and they said that New Zealand needs to
lower its corporate tax because we were becoming uncompetitive. But
they also said we need a capital gains tax because
the country needs to balance its budget and we don't
have enough revenue. So they were saying we need to
spend and we also need to raise the revenue to spend.
So the IMF has come up with an answer as
(16:57):
the current government reducing corp tax, not so far. Meanwhile,
is the Labor Party championing a capital gains tax? Well, no,
not so far either. Is there any alph A party
that's offering both, No, not so far. So where are
the solutions? But thank you so much Rod Duke for
telling us the problems and this peace process is a
(17:21):
bloody business. They took away the military intelligence from Ukraine.
Ukrainians died. Now that intelligence has returned, more Russians are
about to die. Us says the pressure is back on Russia.
Will be talking about this with Mitch McCann shortly here
on News TALKSB.
Speaker 1 (17:41):
On your radio and online on iHeartRadio. Early edition with
Andrew Dickens and One Roof To make your Property Search
Simple Youth Talk said, be.
Speaker 2 (17:55):
You're forty two. Welcome to your thirst Day. I'm managed
the consent for Ryan Bridge. This is early edition. I
just said, we don't find solutions, but we know how
to identify the problems. Getting solutions all over the place.
On the text ninety two ninety two small charge applies,
(18:15):
Nathan says, I've been saying this for years. I sent
this exact text back in twenty twenty three. Lower the
corporate tax rate to nine percent of make earnings and
startups non taxable for the first three years, and make
an environment for competition, not just more talking about the
concepts of improvement thinking. Nathan. We've got a text from
Steve who says provisional company tax taxes you before you
(18:36):
earn it, and this is a major barrier for New
Zealand businesses. They need to phase that out. Thank you
for your suggestion, Steve. And another text says the capital
gains tax wouldn't make a lot of difference. Andrew also
actually identifying what it is is not as easy as
some might think, and I thank you. Hey. The big
sporting event this weekend is the Veloping Grand Prix. This
(18:57):
thing is massive. It's sold out as soon as it
went on. Say, I know because members of my family
wanted to go and they couldn't. That's the measure of
its popularity. And it's a credit to the city of
Melbourne who took the Grand Prix from Adelaide and they
made it into a premier world event. I so want
to go. I want to go. The tills will be
ringing in Victoria and this year we have a dog
in the fight with Liam Lawson, who was on the
(19:17):
Telly last night in the news with a big feature.
He has instantly become a superstar. He's an extremely likable
young man. He's got a great backstory. It doesn't hurt
that he's pretty good looking. And you may have seen
him last night that younger fans, particularly women, adore him
and his was the story of the day. You say,
he's made the cover of GQ with his Kiwi style
(19:38):
and there's a big, huge article and he's revealed his
parents sold their house to fund him into the sport
and they still haven't bought a new one. This whole
family is adorable. But at the end of the day,
of course Liam just has to drive the car well,
and that's all on his shoulders. But from the way
I've seen him rise to every challenge that's been put
before him, I have confidence that he's there for the
long term. Twenty one So around the country we go
(20:02):
Callen Proctor from Dunedan, Good morning.
Speaker 9 (20:04):
Good morning Andrew.
Speaker 2 (20:05):
Where are we at with this Dunedin bus hub stabbing trial.
Speaker 9 (20:09):
Well, look, it's nearing an end. The jury is now
deliberating and they'll continue today. This is the trial into
a fourteen year old accused of a fatal stabbing at
our Central city bus hub. A sixteen year old and
Eddie Tarne McLaren died of a single stab wound in
Great king Street last May. The boys accused or the
boy accused, has pleaded not guilty to his murder on
(20:30):
the basis of self defense. Closing arguments were delivered to
the jury yesterday, the Crown saying the accused deliberately attacked
the victim of the knife. The defense has urged the
jury to consider the boy's trauma and attempt to protect himself,
and so those deliberations continue today.
Speaker 2 (20:49):
Who okay, So, how's the weather? Callum? How's the weather
in Dunedin? And Callum has gone? Blake Benny joins us
in christier.
Speaker 10 (20:59):
Tello Blake, good morning Andrew.
Speaker 2 (21:00):
So Christian jen zed and believes influences are very important
in their social media strategy.
Speaker 10 (21:06):
That's Right newsort ze Bee can reveal the organization spent
twenty seven thousand dollars on the stars within the last
five years. Tartanki Auckland unlimiteds dished out one hundred and
three thousand dollars, while Wellington and Dunedin are yet to
jump on the social media influencer bandwagon Christ Church in
Z spokesperson Steve Becky Hansen told me it hasn't undertaken
(21:26):
a specific cost benefit analysis due to the limited use
of influences so far, but he says it does have
some measures of success within this space, so it includes
things like post engagement levels, website referrals, and booking conversions
through partner companies. Hey, Blake, how's your weather partly cloudy
with isolated showers and southerly's turning easterly this afternoon. Hi
(21:47):
have eighteen in the Garden City.
Speaker 2 (21:49):
And Adam Cooper joins us from Wellington. Hello, Adam, Holy Andrew.
Love your multi level car park at the airport, but
there's problems.
Speaker 11 (21:55):
Yeah.
Speaker 12 (21:55):
I mean it's impressive when you look at it from
a far. I'm sure everyone who has flown into Wellington
has seen there. But yeah, fifteen million dollar problem. It
relates to that nine story car park built built by
Fletcher Construction that opened late twenty eighteen. Now, official documents
reveal major remediation work to fix the concrete defects, and
the airport's multi level car park is still yet to
be done. Despite years of concern and compliance issues now.
(22:18):
Council inspectors in twenty twenty discovered drainage issues and cracking
in some of the concrete, but neither Fletches, the builder
nor the airport will say when repairs are going to
be taking place. Now the building remains non compliant and
the airport's currently trying to extend its certificate just to
allow people to still go in there and park. Our
newsrooms put questions to the airport. A spokesperson says the
(22:40):
structural integrity of the building is fine, but there are
quality issues, they say, affecting the durability, which are still
being worked through with Fletchers.
Speaker 2 (22:48):
And how's willing as weather partly.
Speaker 12 (22:50):
Cloudy, few showers find by the evening and those southerlyes
that are affecting the fairies will ease a bit later
on today as well.
Speaker 2 (22:55):
Seventeen the high okay, so never rerittimand who joins us now,
Helen readings. So police are talking to a couple of
aucland schools because of an email that's worried people.
Speaker 13 (23:05):
Yes now, look the officers. They were sent to Wayuku
and Rutherford Colleges yesterday. Wayuku going into lockdown and then
closing for the afternoon. Now police say any communication is
of concerning nature such as this, so everything's taken seriously.
This is obviously that threatening email. Police are acknowledging. Look,
these situations are very unsettling for parents and also the
(23:27):
wider school community, so they're taking it seriously and they're
continuing to investigate this.
Speaker 2 (23:31):
And how's Hawkin's weather Partley cloudy?
Speaker 13 (23:33):
We've got a passing shower this morning, then fine weather
still warm here in Auckland.
Speaker 2 (23:37):
Twenty four is the high and I thank you neither.
It is now seventeen minutes to six. The trade war continues.
It's back and forth and up and down, and of
course the problem is the markets. The markets have been collapsing,
not because things are necessarily bad, because they don't know
what's going to happen next. But we knew that this
was going to happen. So where we act with the
trade wars much McCanns joining us in a few moments time,
(23:58):
and also on how when going to have to get
tough on Russia now as the peace process continues.
Speaker 1 (24:03):
Seventeen to six International correspondence with Ends and Eye Insurance,
Peace of mind for New Zealand business.
Speaker 2 (24:12):
This is now accorded to six to the United States.
We go mention mc can good morning to you, Andrew,
good morning, How are you good? So the back and
forth tariffs go back and forth and the markets collapsed.
Are these tariffs working.
Speaker 14 (24:26):
Or it's still early days. This morning, new data came
out showing inflation had actually called in the last month.
Donald Trump rather claimed that that was because of his policies. However,
next month, as we're likely to see the impact of
these tariffs, and as you'd have described them correctly, they
are back and forth and at times confusing. Here's where
it stands now. This morning, America slapped a twenty five
(24:47):
percent tariff on all steel and aluminium being imported to
the US as it tries to ramp up domestic production.
In response to this, the EU is now imposing twenty
eight billion dollars worth of tariffs on American products, and
Canada says it will slap twenty billion dollars worth on
American imports from midnight to night. A Canadian government spokesperson
(25:07):
called these Donald Trump tariffs completely unjustified, unfair and unreasonable.
Speaker 2 (25:13):
Yes, but he's right though. Inflation is down to one
point thirty five percent. You know, and the border crossings
are down, and so in some ways this thing is
already starting to work.
Speaker 14 (25:22):
Yeah, it's interesting. It's interesting where Americans are at on this.
I saw a new poll out from a CNN I
think it was a short time ago, and I think
fifty six percent of the people they surveyed recently felt
that Donald Trump had the right priorities at the moment,
approving of the job he was doing. So it's interesting
that disconnect between how some people view him outside of
America looking at this from afar, whereas people inside America
(25:45):
largely are still reasonably supportive of them.
Speaker 2 (25:48):
Now, I'm talking about back and forth to talk about
the Ukraine War, because of course the United States took
away the intelligence from Ukraine and then a Russia took
advantage of that and it got bloody for the Ukrainians.
But now he's given that intelligence back to Ukraine. It's
going to get bloody for the Russians. And he's now
turned around and said it's time to get tough on Russia.
Speaker 14 (26:05):
Yeah, that's right. The US seemingly back on side with
Ukraine after that fraka at the White House a couple
of weeks ago. This comes after the US and Ukraine
concluded talks in Saudi Arabia yesterday. They've agreed to pursue
a thirty day ceasefire to start negotiations to end the war.
One of Voladimiy Zelenski's aides said, after this, it's now
(26:25):
in Moscow's hands. We're waiting for a formal response from
Vladimir Putin. But the Foreign Minister Sugei Lavrov said that
Moscow will avoid compromises that may jeopardize Russian lives, and
they said under no conditions, or they accept the presence
of NATO troops in Ukraine. But waiting for a formal
response to see if we're going to get that thirty
day ceasefire. Ukraine and the US want.
Speaker 2 (26:47):
Matt fantastic work. And I thank you for her time today.
And yes, I can't wait to hear from Vladimir Putin.
I mean, we've heard from the President of the United
States all the time, We've heard from the President of
the Ukraine all the time. We've heard back and forth,
we've had Rubio talking, we've had everybody talking, but I
haven't heard Putin talk. And I think it's time that
he came into the game and it's twelve to six.
Speaker 1 (27:07):
Andrew dickens, all.
Speaker 2 (27:08):
Right, The government's Big Investment Summit kicks off today in Auckland.
There will be more than one hundred capital funds and
construction companies and infrastructure experts will be in town. Of course,
the purpose of the event is to highlight upcoming partnership
opportunities for overseas investment right across the New Zealand's economy
and we're praying and hoping and believing that will boost
growth and Auckland Business Chamber of CEO Simon Bridges will
(27:31):
be there and joins me. Now, Hello, Simon, looking forward
to it.
Speaker 11 (27:35):
Good morning, Andrew. Yeah, well, well I'm glad you're praying
for it because that's important.
Speaker 2 (27:39):
How big a deals is this?
Speaker 10 (27:41):
You know?
Speaker 2 (27:43):
Is it going to work? Is it going to live
up to the hype?
Speaker 11 (27:46):
Yeah, look I believe so you've got the makings of
a strong event. Is the US today afternoon for the
Poephrey and the opening. The Prime Minister made a short,
I think extinct statement. I mean what he talked about
really was we're open the business the world and you
know it's very much in keeping what what they've already
said you know, they've started investing there this year. They've
they've done their migrant visitor settings, is doing the international
(28:08):
set pieces. So I think it was very much in
keeping with that. I mean the other thing I thought
he said, which was interesting and absolutely correct, is you know,
in a very volatile, uncertain world, New Zealand's a safe
haven for investment relatively. You know, we're Western, we're English speaking,
all of these things. So what's been a disadvantage for
us in the past that were a long way away
and that were a bit irrelevant maybe I think is
(28:29):
coming home for us. The other thing that was interesting yesterday,
I mean the start of it. But you know, there's
a strong bipartisanship. I think you've got Barbara Edmonds and
Karen McNulty from the Labor Party there. So that's good
because the international community, you know, those one hundred something
investors that you've talked about, they want to see that
this is in a flesh in the pan, that this
is something that's there for a while.
Speaker 2 (28:50):
What kind of companies will be there. I know the
future fun from Australia is not going to be there,
which is unfortunate, and only one from Singapore, but what
sort of companies will be there?
Speaker 11 (28:58):
Oh look, I mean it's you've got some very big investors,
you know, so your stars talking to Brookfield, you know,
month one of the numbers, I remember the gentleman I
was talking to saying one hundred billion invested just in Australia, right,
and that is literally just Australia had already quite significant
investments in New Zealand. And you've also got the big constructors.
You've got guys like it's the owner from Spain, a
(29:19):
very significant infrastructure company, Capella Capital, many others. So you know,
I definitely think and in fact, you know some of
that the internationals there were saying to me is you know,
g you actually have compiled a very strong list of
people coming to it. So you know, no one suggesting
Rome was built in today, Walkland or Wellington for that matter,
(29:40):
won't be. But it's a really good start.
Speaker 2 (29:43):
We know that the government has just opened up for
registrations of interest in the Northern Expressway, that twenty eight
play and extension of State Highway one. What other projects
might they be sprooking at the conference?
Speaker 11 (29:54):
Yeah, what's a good question. I mean, I think if
you just look at the agenda. What you see is
you're going to get a high level I think from
the Prime Minister, the Finance minister, you know, the leadership
of the government if you like, and then and then
you know, it gets a bit more and I don't
mean this in a bad one. I mean positively, but
that's more specific and workmen like you know, we're hearing
about immigration, Maori, economy, howth education, justice, resources. So I
(30:15):
would expect and I have no special information, but I
would expect you'll see the sort of opening up of
public private opportunities in those areas. And you know, of
course that's in the end. They want the sizzle, they
want the vision, but that's in the end what these
investors are coming to see. And we need their capital,
you know over a one hundred billion dollar deficit and infrastructure,
(30:36):
and we also need to know how their innovation and
the competition that they bring.
Speaker 2 (30:41):
Well, good stuff, Simon, enjoy yourself, enjoy the breakfast, and
have a great resignment and get out there and sell,
sell Sell. Simon Bridges, as your con Chamber's CEO, I
can tell you that they're going to concentrate the Government's
going to concentrate on four growth sectors. They are aquaculture,
renewable energy, clean technology, and advanced trendsportation which includes space.
(31:03):
It is coming up seven minutes.
Speaker 1 (31:05):
To six News and Views You trust to start your
day is the early edition with Andrew Dickens and one
roof Make Your Property Search Simple, News Talk.
Speaker 2 (31:15):
Zibby news B. I'm quite excited about going to the
bookstore and getting the GQ to read about Liam Newson,
but not that because I haven't brought a GQ in ages.
GQ is a great magazine. He's got an awful lot
of stuff, and it's a lot of fashion, a lot
of stuff, a lot of tech, and a lot of Liam.
And what I loved about Liam is that he's bringing
Jandles and Billabong surf jackets to the fashion world. He's
(31:39):
already a superstar. Mike Hosking, Hell, welcome. Where would you do?
What shop would you go by? That magazine?
Speaker 6 (31:45):
At? Oh?
Speaker 2 (31:47):
Where would you go buy a magazine? Magazino still exists?
Yes it does. My supermarket has realized that there's a
margin of magazines and has a very good range. But
you're quite right, it's interesting the book.
Speaker 15 (31:58):
My father in law said the other day he had
never First of all, he'd never heard of Chris Stapleton.
And I played Chris Staple and Chris Staple and I've
run rung mar Becks, this is this is the famous
father and famous father in law Becks And I've ordered
up all the Chris Stapleton's And so you're still buying
CDs and magazines. Funny old business, isn't it. But it's
(32:21):
going to be massive weekend, huge, weekend huge. I just
hope for his sake that something good happens. And because
all the talk coming out of Red Bull is that
they're they're they're not what they were. It's not a
good car, it's not the best car. They didn't run
many laps in by rain at the testing because they
had problems. And the expectation on him to keep up
with Maxistappen is unusually high, but that's been the same
(32:43):
for all the guys him. So it's it's one of
those games you either performer you don't what I like
to but.
Speaker 2 (32:48):
Marco was saying that the thing about the car is
you had to come out of the corner as fast.
That's what they're trying to do. And Stappin goes to
the very limits and he could control the back end.
And the fact that Liam spun out was because he
was pushing it to the very limits, which shows he's
up for the battle.
Speaker 15 (33:05):
Well he is until you lose the battle. And if
you lose the battle, that's the problem. Because the whole
car not to bore everybody, but the whole car. I
watched a fascinating video, but the other day. The whole
car is structured around the way the staff and tribes,
which is highly unusual. And he does things that no
one else can do. Hence he's as.
Speaker 2 (33:22):
Successful as he as the hell out of us.
Speaker 15 (33:24):
And that's what Perez couldn't do. He said, you drive
along or a string of people. Anyway, it's not boring
because it's sold out last year. Oh no, my son
couldn't get tickets. Everyone loves hundreds of thousand, four and
fifty thousand people will go see this thing in Melton
and then we show Oh, I don't know, probably that
because that sounds more interesting. You're talking about all the
other stuff. The investment obviously will to talk to the
police and the investment and stuff like that.
Speaker 2 (33:45):
Actually we will go to Melbourne.
Speaker 15 (33:46):
We'll bloke and Melbourne talk.
Speaker 2 (33:47):
That's my thanks to producer can see my name's Andrew Dickens.
See you tomorrow. I have a great and productive day.
Speaker 1 (34:06):
For more from Early Edition with Ryan Bridge, listen live
to News Talks it Be from five am weekdays, or
follow the podcast on iHeartRadio m HM
The issues is the interviews and the inside. Andrew Dickens
on early edition with one roof make your Property search simple,
News talks at be.
Speaker 2 (00:13):
As Goodboarding to you, Welcome to your Thursday. You can
almost smell the wiki and can't you thank you so
much for joining us today. Coming up in the next hour,
foreign investment rules are changing, so how happy are tech
companies with the changes? Will have that story for you
in five we have more confidence in our police. We'll
talk to Laden Spadette about this in about ten minutes time.
And the big Investment conference is kicking off today and
(00:35):
we're going to talk to the auchand Chamber of Commerce
head Simon Bridges about what he hopes from it just
before six o'clock. We're going to have correspondence from right
around the world and New Zealand much we can from
America and you can text the program anytime you like.
The number is ninety two ninety two or small charge appliers.
You can email me Dickens at Newstalks atb dot co
dot NZ. It's seven after five.
Speaker 1 (00:58):
The agenda, so it's.
Speaker 2 (00:59):
Thursday, thirteenth of March to the trade war we Go.
Canada has announced retelliatory tariffs on more than twenty nine
point eight billion dollars worth of US goods that's Canadian.
This is after Donald Trump's twenty five percent tariffs on
steel and aluminium came into effect. The tariffs include steel
products with twelve point six billion Canadian as well as
(01:21):
sports equipments, computers, and cast iron goods.
Speaker 3 (01:25):
It will put thousands of jobs at risk, and I
would add all necessarily, and it will weaken North America's
economic and national security. My dear friends, whether you're in Canada,
in the United States, we cannot let uncertainty become the
new certainty in North America. That cannot stand. That will
(01:45):
make us less competitive. That's going to weaken US, and
that's gonna affect our economic security.
Speaker 2 (01:52):
And the US Secretary of State Macco Rubios is tariffs
are not there to punish other countries, but steel and
aluminium national security concerns for the United States. Meanwhile, staying
with mister Rubio, he says the ball is now in
Russia's court when it comes to ending the Ukraine War.
He says the US will speak with Russia today on
a thirty day cease fired deal which Ukraine agreed to
(02:14):
when they were talking to Saudi Arabia yesterday.
Speaker 4 (02:16):
We're going to bring it to them directly. We're going
to say that Ukraine is prepared to stop all battlefield
activity and began the immediate process of negotiating and enduring
end of the war. And we'll see what the response is.
If their response is yes, then we know we've made
real progress and there's a real chance of peace. If
their responses, know, it would be highly unfortunate. And then
(02:37):
to make their intentions clear.
Speaker 2 (02:39):
Meanwhile, of course, Foreign Minister Wist Peter says, flying to
Washington and we'll meet with micro Rubio in the coming days.
And finally to Greenland we go, where their center right
opposition has won a surprise general election victory. The voter
course dominated by independents and US President Donald Trump's pledged
to take over the island. So the winning parties the
Demiccradhic Party, which favors a slow approach to independence from Denmark.
(03:04):
They achieved around thirty percent of the vote, which is
up from nine point one percent in twenty twenty one.
Speaker 5 (03:09):
They said that they will put the economy first and
they've really focused on platus about sort of proving the
business environment, and it seems that that that has drawn
in fifty percent of the vote. You know, the very
small party only four years ago. So it's a huge,
huge shit.
Speaker 2 (03:24):
It's coming out ten past five.
Speaker 1 (03:27):
Andrew Dickens on the edition with one roof make your
Property Search Simple used dog zibby to.
Speaker 2 (03:34):
The domestic controversy that is the green bin. So Fanganui
is rebelling against that food waste program that many councils
have adopted. More than that, it's been talked about these
green bins becoming mandatory by some people. So Fanganui went
down the path bought nineteen thousand bins, but it's now
pulling out. So we all know about the green bin.
(03:54):
Don't we yestick your food waste in it instead of
down the waistmaster, instead of dumping it into the general
and presumably other than putting it into your own compost bin.
That's the hope. The idea came about to stop buyo
waste fermenting in our tips. Last night the Hamilton Council
said this is working. They say that methane emissions are
there to have decreased, and of course they would decrease
(04:15):
more if more people use the bin. This thing also
came about because of all the crap we mash up
in the waste master that then slurries its way throughout
our pipes. We flush it down the drain, thinking what's disappeared,
But it hasn't. It's fermenting down there under our streets,
causing fat burgs and very expensive maintenance when it all
(04:35):
stuffs up. And then, of course if it doesn't stuff
up in a fat burg, it gets all the way
to the wastewater pond, where that costs you in rates
because it needs to be processed, and of course your
rates might decrease if more people use the bin. So
for the cost of eighty to ninety dollars a year,
the councils who have adopted the plan are hoping that
(04:55):
enough people use the bin to mean it's a zero
sum or better solution for our rates. Our family use it.
We used to compost all our stuff. We ended out
with too much compost, so we just stick it in
the bin. It's really simple, it's not hard, but many
people cannot be bothered. Many people find the bin offensive,
Many people can't see the logic, and many people are
(05:16):
very angry at what they see as council's wasteful spending,
so on that advice. In fang Anui, they've made nineteen
thousand plastic bins and now they want to throw away
nineteen thousand bins. Isn't that the most wasteful spending of
them all? As it's twelve minutes after five Hey, and
good news for long range trucking. The Desert Road reopens
(05:39):
tomorrow after a two month rebuild. Twenty eight lane kilometers
have been rebuilt, which is more than we're planned because
the work progressed so well. We've got a bridge with
a brand new deck on it. The road is getting
fit for purpose now. Of course, it was criticism of
the closure because of the distance of the detour and
the length of the whole thing. But like all works,
this has passed and it had to happen. It had
(06:00):
to happen because the road was being torn apart by
the big trucks we rely on because our rail service
is so terrible. And now from tomorrow the country will
have an asset that can can withstand the rigors of
its use and of course the formidable climate in the region.
And I know we bitch and we moan about roadworks
from Roague cones and all the impositions they cause when
(06:21):
they're happening, but you know they have to be done.
It's like complaining about the smell of paint when you're
repainting the house, but you know it has to be done.
And bit by bit, the roads of as cities and
state highways were finally getting to an acceptable standard. It's late,
you have to say, it's taken time, but we are
getting there. And by the way, there's more to come
as we make State Highway won a tolerable road all
(06:43):
the way from Tiro all the way to Wyotu. This
is the price we have to pay to become a
first world country. But thank god it's over. So enjoy
your drive tomorrow because you know, there's nothing like the
thrill of a new road. It's thirteen minutes half. So
there are changes to the Foreign Investment Fund, which is
supposed to make things easier for people with money overseas
(07:06):
to invest in New Zealand. And I know from this
conference which is starting today, they're really concentrating a lot
on tech, a lot of smart tech, and on space.
So will the changes to the Foreign Investment Fund actually
make a difference to tech companies. We've got a tech
entrepreneur joining us on the program. Next, this is News
Talks Here.
Speaker 1 (07:25):
Big the first Word on the News of the Day,
Early edition with Andrew Dickens and One Room Make Your
Property Search Simple, New Talk.
Speaker 2 (07:35):
Nippy sixteen after five. Like to welcome to the program. Richard,
the kayaker who takes me quite often. Why are you
kayaking at this time at the morning, Richard, and you're
out fishing? I love to know, but he says, I
almost fell out of my kayak when I heard you
say that rates would decrease. Fair point. Let me explain this.
Are rates never decrease. Rates always increase. Inflation is forever.
(07:57):
So when I say decrease, I mean the increase will decrease.
Do you follow right? The government's proposing tax changes to
make things easier for foreign investors setting new businesses in
New Zealand. So countless tech companies choose to leave early
into their business life, or they relocate to start in
the first place because they feel that conditions are better
overseas and there's more chance for growth. So these changes
(08:20):
I hope to make it easier for them to start up,
but they're most critically to stay and then grow. So
Phase one Ventures CEO Mahesh modernly Da is joining me
this morning. Hello, Mahash, What morning, Andrew? So how will
these changes help tech startups like yourself?
Speaker 6 (08:37):
Yeah?
Speaker 7 (08:37):
So the change is that Revenue Minister some what has
suggested is a change on rules that allow foreigners.
Speaker 6 (08:48):
To come in and also returning quees like myself to
come back home.
Speaker 7 (08:52):
And make sure that out the unrealized.
Speaker 6 (08:56):
Assets it oversees aren't taxed in Australia, US, United Kingdom,
Hong Kong, Singapore. When someone has unrealized gains like equity
in a startup, equity in your startup that you built,
it doesn't get tacked until it's realized. In New Zealand
right now, it gets tacked even if it's not liquid.
(09:21):
This prevents people who've done these school things and have
all of these skills from coming to New Zealand or
coming back home returning Hue too, because they're going to
get tacked on task that they don't have.
Speaker 2 (09:33):
Of course, there's a bit of a no brainer. Really,
you can't get text until you're making a profit. Meanwhile,
you're trying to finance yourself and keep yourself going while
you build the business. So that's a good thing. But
is there anything they missed? Would you have liked to
have seen more in the announcement?
Speaker 6 (09:47):
No, I think there's an opportunity to No. I think
first of all, this is fantastic, right, Like we're coming
up to turn with internship backed practice. One of the
biggest reasons I was one of the first guys Canva.
One of the biggest benefits for us at camera in
Sydney was when Google Sydney set up shop in Sydney,
(10:08):
and they wouldn't have set up shop if they had
these kind of rules. So this allows for overseas investment
to come in, stay and go, and then it's that
skills transfer from these people to our entrepreners who are
trying to do stuff and scale. There's an opportunity to
consider if we can extend this to everyone, so it
(10:29):
allows more and more fee to look up and start
investing and playing a global game, which is nearly the
number one thing we have to do to become more productive.
And finally just set this up with international standards.
Speaker 2 (10:43):
Yes, well, you've talked about how you've come back to
New Zealand and about how other New Zealand entrepreneurs have
come back because you have faith in the country and
now you've got some rules that are going to help
you as well. But what I want to know is
how common it is for companies to actually leave New
Zealand having done the hard Judds being started out, but
then leave because of the foreign Investment fund rules as
(11:03):
they stand.
Speaker 8 (11:05):
Yeah, so why do why do companies leave?
Speaker 6 (11:06):
Companies leave because one they want to get talent from
overseas and two because they want to access capital. Look,
the largest capital market in the world easily and the
best in the US. There are so many Americans who
want to be in New Zealand. So can we get
more of our tech companies staying here for their first
(11:30):
four to five years? And once you stay four to
five years, you're you're locked in.
Speaker 7 (11:34):
Right, So will they will they do their.
Speaker 6 (11:36):
Chance that they have belonging. Yes, an opportunity for the
government to extend things further and financist nicols to talk
about this is reducing corporate tax, but not that alone.
Maybe even reduce income from your first over these five
hundred thousand dollars made overseas or something along those lines,
(11:57):
which then trigger entrepreneurs to like it makes that Obussey's
dollars stay here longer.
Speaker 2 (12:02):
Mahesh, I thank you so much for your time today.
Mahesh Moderrida, who is Phase one Venture's CEO. And he
mentioned corporate tax. Yes, so the IMF came out and
talked about corporate tax saying that New Zealand's corporate tax
rates have to go down. I'm going to talk about
this shortly, but next, Trust and the Police is up.
We talk with Lance Burdett. Next. It's five twenty one.
Speaker 1 (12:24):
Get ahead of the headlines on early edition Andrew Dickens
and One Room, Make your Property search simple news talk,
said Bee.
Speaker 2 (12:32):
I was too keen to get back in the game.
It's five twenty two, so good news. Our trust and
Police is recovering. The latest crime and victim survey is
out and sixty nine percent of people say they trust
the police. This is good. The numbers are going in
the right direction. That's still though, thirty one percent of
people who don't trust the cops. So former police negotiator
Lance Burnett is joining me in our Hello Lance, morning, Andrew.
(12:54):
What are these numbers tell you?
Speaker 8 (12:57):
It's a good thing to be honest. I having confidence
and please has a flow on effect. So you and
we can talk about the crime stats that came out, Well,
it depends on what you measure and they ebb and flow,
But really it's that confidence in police. There has been
a change in leadership at the top and I can
see that immediately within the organization there is a positive impact.
(13:17):
But a commissioner Richard Chambers, he has a frontline officer
who has lots of experience and operations and he's putting
that to the fore right. So he's made some changes
at the top that's going to flow on down to
the police themselves. You're now seeing more police out on
the street. That's a great thing. We're going back to
opening up stations that we're closed. See the idea of
(13:37):
what is happening here is to be able to see police,
to get them back into the community and that makes
people feel safe. Therefore it lifts their confidence and more
likely to report crime. Now, there could be a bit
of a backlash, and sometimes there is that more people
start to report crime, so we suddenly have this great
fear factor of goodness me crimes going up. No, it's
(13:59):
not have more confidence to report crime. So you can
expect perhaps a little bit of a bullip, but it's
a good thing. I'm seeing more cops around dow Auckland
City and it's great to see them back walking on
the street.
Speaker 2 (14:12):
And it's going back to first principles. We were trying
to save money, but it was a silly decision. But hey,
we still have thirty one percent of people who don't
trust the cops. So what does that say to you.
Speaker 8 (14:22):
Well, that says to me, you're always going to have
a number and it depends on the time of the
survey whether they had a positive or negative interaction with police.
For whatever reason. I ended up investigating police officers and
what I found was most of the complaints were attitude
or bad language, and so who hasn't said a bad thing,
(14:43):
or who hasn't a bad day, and who hasn't had
something happened before they go? So that could have an impact.
But you know, I also want to come back to
the fact that it's not just police that we need
to focus on. If we're going to look overall at
reducing crime, there's other agencies. Reducing poverty, education, and allowering
unemployment are the three drivers of crime, so we can
(15:04):
start focusing on them. But yeah, overall, I think this
is a really good sign, a really good sign for
the future.
Speaker 2 (15:09):
Lad, So thank you for your toime. Lanceperdetz, who is
a former police and negotiator. Yes, the former commissioner talked
about poverty and the drivers of crime, but maybe perhaps
he was trying to run before he can walk. Now
we're back to having cops on the beat and we'll
see how we go going forward. It is now five
to twenty six. It's News Talks at bea Good morning to.
Speaker 1 (15:26):
You, the early edition full show podcast on iHeartRadio. How
it by News Talks at Me.
Speaker 2 (15:33):
News Talks AB now five twenty seven. It was a
big deal for Rod Duke to go public with his
concerns about the country. Yesterday, the managing director of Briscos
was announcing his company's full year result. He did well,
He held on to its revenue in a difficult year.
They asked smart operators at Brisco's. They can bring blood
out of a stone, it seems. But you know, it's
not part of the job description for the managing director
to pass comment on the government of the day. But
(15:54):
he did, and he turned up on Ryan Bridges' show.
But it is symptomatic of today's climate because we are desperate,
we are sick of the doldrums. We want our captain
to lead our way out of the quicksand so Rod,
as a corporate leader and a leader in society, said
the government needs to get it's us into gear and
do something. He said, it's been a year since the
(16:14):
last lot, so there's been more than enough time to
get proactive. But then when he was asked, well, what
should they do, he said, well, that's not my business.
I just want them to get their ars into gear.
And that's kind of the New Zealand problem right there,
because we're really good at identifying problems, but we're not
good at finding the solutions, so we moan about them
all the time. Now, interestingly, yesterday we had the IMF
(16:36):
come out and they said that New Zealand needs to
lower its corporate tax because we were becoming uncompetitive. But
they also said we need a capital gains tax because
the country needs to balance its budget and we don't
have enough revenue. So they were saying we need to
spend and we also need to raise the revenue to spend.
So the IMF has come up with an answer as
(16:57):
the current government reducing corp tax, not so far. Meanwhile,
is the Labor Party championing a capital gains tax? Well, no,
not so far either. Is there any alph A party
that's offering both, No, not so far. So where are
the solutions? But thank you so much Rod Duke for
telling us the problems and this peace process is a
(17:21):
bloody business. They took away the military intelligence from Ukraine.
Ukrainians died. Now that intelligence has returned, more Russians are
about to die. Us says the pressure is back on Russia.
Will be talking about this with Mitch McCann shortly here
on News TALKSB.
Speaker 1 (17:41):
On your radio and online on iHeartRadio. Early edition with
Andrew Dickens and One Roof To make your Property Search
Simple Youth Talk said, be.
Speaker 2 (17:55):
You're forty two. Welcome to your thirst Day. I'm managed
the consent for Ryan Bridge. This is early edition. I
just said, we don't find solutions, but we know how
to identify the problems. Getting solutions all over the place.
On the text ninety two ninety two small charge applies,
(18:15):
Nathan says, I've been saying this for years. I sent
this exact text back in twenty twenty three. Lower the
corporate tax rate to nine percent of make earnings and
startups non taxable for the first three years, and make
an environment for competition, not just more talking about the
concepts of improvement thinking. Nathan. We've got a text from
Steve who says provisional company tax taxes you before you
(18:36):
earn it, and this is a major barrier for New
Zealand businesses. They need to phase that out. Thank you
for your suggestion, Steve. And another text says the capital
gains tax wouldn't make a lot of difference. Andrew also
actually identifying what it is is not as easy as
some might think, and I thank you. Hey. The big
sporting event this weekend is the Veloping Grand Prix. This
(18:57):
thing is massive. It's sold out as soon as it
went on. Say, I know because members of my family
wanted to go and they couldn't. That's the measure of
its popularity. And it's a credit to the city of
Melbourne who took the Grand Prix from Adelaide and they
made it into a premier world event. I so want
to go. I want to go. The tills will be
ringing in Victoria and this year we have a dog
in the fight with Liam Lawson, who was on the
(19:17):
Telly last night in the news with a big feature.
He has instantly become a superstar. He's an extremely likable
young man. He's got a great backstory. It doesn't hurt
that he's pretty good looking. And you may have seen
him last night that younger fans, particularly women, adore him
and his was the story of the day. You say,
he's made the cover of GQ with his Kiwi style
(19:38):
and there's a big, huge article and he's revealed his
parents sold their house to fund him into the sport
and they still haven't bought a new one. This whole
family is adorable. But at the end of the day,
of course Liam just has to drive the car well,
and that's all on his shoulders. But from the way
I've seen him rise to every challenge that's been put
before him, I have confidence that he's there for the
long term. Twenty one So around the country we go
(20:02):
Callen Proctor from Dunedan, Good morning.
Speaker 9 (20:04):
Good morning Andrew.
Speaker 2 (20:05):
Where are we at with this Dunedin bus hub stabbing trial.
Speaker 9 (20:09):
Well, look, it's nearing an end. The jury is now
deliberating and they'll continue today. This is the trial into
a fourteen year old accused of a fatal stabbing at
our Central city bus hub. A sixteen year old and
Eddie Tarne McLaren died of a single stab wound in
Great king Street last May. The boys accused or the
boy accused, has pleaded not guilty to his murder on
(20:30):
the basis of self defense. Closing arguments were delivered to
the jury yesterday, the Crown saying the accused deliberately attacked
the victim of the knife. The defense has urged the
jury to consider the boy's trauma and attempt to protect himself,
and so those deliberations continue today.
Speaker 2 (20:49):
Who okay, So, how's the weather? Callum? How's the weather
in Dunedin? And Callum has gone? Blake Benny joins us
in christier.
Speaker 10 (20:59):
Tello Blake, good morning Andrew.
Speaker 2 (21:00):
So Christian jen zed and believes influences are very important
in their social media strategy.
Speaker 10 (21:06):
That's Right newsort ze Bee can reveal the organization spent
twenty seven thousand dollars on the stars within the last
five years. Tartanki Auckland unlimiteds dished out one hundred and
three thousand dollars, while Wellington and Dunedin are yet to
jump on the social media influencer bandwagon Christ Church in
Z spokesperson Steve Becky Hansen told me it hasn't undertaken
(21:26):
a specific cost benefit analysis due to the limited use
of influences so far, but he says it does have
some measures of success within this space, so it includes
things like post engagement levels, website referrals, and booking conversions
through partner companies. Hey, Blake, how's your weather partly cloudy
with isolated showers and southerly's turning easterly this afternoon. Hi
(21:47):
have eighteen in the Garden City.
Speaker 2 (21:49):
And Adam Cooper joins us from Wellington. Hello, Adam, Holy Andrew.
Love your multi level car park at the airport, but
there's problems.
Speaker 11 (21:55):
Yeah.
Speaker 12 (21:55):
I mean it's impressive when you look at it from
a far. I'm sure everyone who has flown into Wellington
has seen there. But yeah, fifteen million dollar problem. It
relates to that nine story car park built built by
Fletcher Construction that opened late twenty eighteen. Now, official documents
reveal major remediation work to fix the concrete defects, and
the airport's multi level car park is still yet to
be done. Despite years of concern and compliance issues now.
(22:18):
Council inspectors in twenty twenty discovered drainage issues and cracking
in some of the concrete, but neither Fletches, the builder
nor the airport will say when repairs are going to
be taking place. Now the building remains non compliant and
the airport's currently trying to extend its certificate just to
allow people to still go in there and park. Our
newsrooms put questions to the airport. A spokesperson says the
(22:40):
structural integrity of the building is fine, but there are
quality issues, they say, affecting the durability, which are still
being worked through with Fletchers.
Speaker 2 (22:48):
And how's willing as weather partly.
Speaker 12 (22:50):
Cloudy, few showers find by the evening and those southerlyes
that are affecting the fairies will ease a bit later
on today as well.
Speaker 2 (22:55):
Seventeen the high okay, so never rerittimand who joins us now,
Helen readings. So police are talking to a couple of
aucland schools because of an email that's worried people.
Speaker 13 (23:05):
Yes now, look the officers. They were sent to Wayuku
and Rutherford Colleges yesterday. Wayuku going into lockdown and then
closing for the afternoon. Now police say any communication is
of concerning nature such as this, so everything's taken seriously.
This is obviously that threatening email. Police are acknowledging. Look,
these situations are very unsettling for parents and also the
(23:27):
wider school community, so they're taking it seriously and they're
continuing to investigate this.
Speaker 2 (23:31):
And how's Hawkin's weather Partley cloudy?
Speaker 13 (23:33):
We've got a passing shower this morning, then fine weather
still warm here in Auckland.
Speaker 2 (23:37):
Twenty four is the high and I thank you neither.
It is now seventeen minutes to six. The trade war continues.
It's back and forth and up and down, and of
course the problem is the markets. The markets have been collapsing,
not because things are necessarily bad, because they don't know
what's going to happen next. But we knew that this
was going to happen. So where we act with the
trade wars much McCanns joining us in a few moments time,
(23:58):
and also on how when going to have to get
tough on Russia now as the peace process continues.
Speaker 1 (24:03):
Seventeen to six International correspondence with Ends and Eye Insurance,
Peace of mind for New Zealand business.
Speaker 2 (24:12):
This is now accorded to six to the United States.
We go mention mc can good morning to you, Andrew,
good morning, How are you good? So the back and
forth tariffs go back and forth and the markets collapsed.
Are these tariffs working.
Speaker 14 (24:26):
Or it's still early days. This morning, new data came
out showing inflation had actually called in the last month.
Donald Trump rather claimed that that was because of his policies. However,
next month, as we're likely to see the impact of
these tariffs, and as you'd have described them correctly, they
are back and forth and at times confusing. Here's where
it stands now. This morning, America slapped a twenty five
(24:47):
percent tariff on all steel and aluminium being imported to
the US as it tries to ramp up domestic production.
In response to this, the EU is now imposing twenty
eight billion dollars worth of tariffs on American products, and
Canada says it will slap twenty billion dollars worth on
American imports from midnight to night. A Canadian government spokesperson
(25:07):
called these Donald Trump tariffs completely unjustified, unfair and unreasonable.
Speaker 2 (25:13):
Yes, but he's right though. Inflation is down to one
point thirty five percent. You know, and the border crossings
are down, and so in some ways this thing is
already starting to work.
Speaker 14 (25:22):
Yeah, it's interesting. It's interesting where Americans are at on this.
I saw a new poll out from a CNN I
think it was a short time ago, and I think
fifty six percent of the people they surveyed recently felt
that Donald Trump had the right priorities at the moment,
approving of the job he was doing. So it's interesting
that disconnect between how some people view him outside of
America looking at this from afar, whereas people inside America
(25:45):
largely are still reasonably supportive of them.
Speaker 2 (25:48):
Now, I'm talking about back and forth to talk about
the Ukraine War, because of course the United States took
away the intelligence from Ukraine and then a Russia took
advantage of that and it got bloody for the Ukrainians.
But now he's given that intelligence back to Ukraine. It's
going to get bloody for the Russians. And he's now
turned around and said it's time to get tough on Russia.
Speaker 14 (26:05):
Yeah, that's right. The US seemingly back on side with
Ukraine after that fraka at the White House a couple
of weeks ago. This comes after the US and Ukraine
concluded talks in Saudi Arabia yesterday. They've agreed to pursue
a thirty day ceasefire to start negotiations to end the war.
One of Voladimiy Zelenski's aides said, after this, it's now
(26:25):
in Moscow's hands. We're waiting for a formal response from
Vladimir Putin. But the Foreign Minister Sugei Lavrov said that
Moscow will avoid compromises that may jeopardize Russian lives, and
they said under no conditions, or they accept the presence
of NATO troops in Ukraine. But waiting for a formal
response to see if we're going to get that thirty
day ceasefire. Ukraine and the US want.
Speaker 2 (26:47):
Matt fantastic work. And I thank you for her time today.
And yes, I can't wait to hear from Vladimir Putin.
I mean, we've heard from the President of the United
States all the time, We've heard from the President of
the Ukraine all the time. We've heard back and forth,
we've had Rubio talking, we've had everybody talking, but I
haven't heard Putin talk. And I think it's time that
he came into the game and it's twelve to six.
Speaker 1 (27:07):
Andrew dickens, all.
Speaker 2 (27:08):
Right, The government's Big Investment Summit kicks off today in Auckland.
There will be more than one hundred capital funds and
construction companies and infrastructure experts will be in town. Of course,
the purpose of the event is to highlight upcoming partnership
opportunities for overseas investment right across the New Zealand's economy
and we're praying and hoping and believing that will boost
growth and Auckland Business Chamber of CEO Simon Bridges will
(27:31):
be there and joins me. Now, Hello, Simon, looking forward
to it.
Speaker 11 (27:35):
Good morning, Andrew. Yeah, well, well I'm glad you're praying
for it because that's important.
Speaker 2 (27:39):
How big a deals is this?
Speaker 10 (27:41):
You know?
Speaker 2 (27:43):
Is it going to work? Is it going to live
up to the hype?
Speaker 11 (27:46):
Yeah, look I believe so you've got the makings of
a strong event. Is the US today afternoon for the
Poephrey and the opening. The Prime Minister made a short,
I think extinct statement. I mean what he talked about
really was we're open the business the world and you
know it's very much in keeping what what they've already
said you know, they've started investing there this year. They've
they've done their migrant visitor settings, is doing the international
(28:08):
set pieces. So I think it was very much in
keeping with that. I mean the other thing I thought
he said, which was interesting and absolutely correct, is you know,
in a very volatile, uncertain world, New Zealand's a safe
haven for investment relatively. You know, we're Western, we're English speaking,
all of these things. So what's been a disadvantage for
us in the past that were a long way away
and that were a bit irrelevant maybe I think is
(28:29):
coming home for us. The other thing that was interesting yesterday,
I mean the start of it. But you know, there's
a strong bipartisanship. I think you've got Barbara Edmonds and
Karen McNulty from the Labor Party there. So that's good
because the international community, you know, those one hundred something
investors that you've talked about, they want to see that
this is in a flesh in the pan, that this
is something that's there for a while.
Speaker 2 (28:50):
What kind of companies will be there. I know the
future fun from Australia is not going to be there,
which is unfortunate, and only one from Singapore, but what
sort of companies will be there?
Speaker 11 (28:58):
Oh look, I mean it's you've got some very big investors,
you know, so your stars talking to Brookfield, you know,
month one of the numbers, I remember the gentleman I
was talking to saying one hundred billion invested just in Australia, right,
and that is literally just Australia had already quite significant
investments in New Zealand. And you've also got the big constructors.
You've got guys like it's the owner from Spain, a
(29:19):
very significant infrastructure company, Capella Capital, many others. So you know,
I definitely think and in fact, you know some of
that the internationals there were saying to me is you know,
g you actually have compiled a very strong list of
people coming to it. So you know, no one suggesting
Rome was built in today, Walkland or Wellington for that matter,
(29:40):
won't be. But it's a really good start.
Speaker 2 (29:43):
We know that the government has just opened up for
registrations of interest in the Northern Expressway, that twenty eight
play and extension of State Highway one. What other projects
might they be sprooking at the conference?
Speaker 11 (29:54):
Yeah, what's a good question. I mean, I think if
you just look at the agenda. What you see is
you're going to get a high level I think from
the Prime Minister, the Finance minister, you know, the leadership
of the government if you like, and then and then
you know, it gets a bit more and I don't
mean this in a bad one. I mean positively, but
that's more specific and workmen like you know, we're hearing
about immigration, Maori, economy, howth education, justice, resources. So I
(30:15):
would expect and I have no special information, but I
would expect you'll see the sort of opening up of
public private opportunities in those areas. And you know, of
course that's in the end. They want the sizzle, they
want the vision, but that's in the end what these
investors are coming to see. And we need their capital,
you know over a one hundred billion dollar deficit and infrastructure,
(30:36):
and we also need to know how their innovation and
the competition that they bring.
Speaker 2 (30:41):
Well, good stuff, Simon, enjoy yourself, enjoy the breakfast, and
have a great resignment and get out there and sell,
sell Sell. Simon Bridges, as your con Chamber's CEO, I
can tell you that they're going to concentrate the Government's
going to concentrate on four growth sectors. They are aquaculture,
renewable energy, clean technology, and advanced trendsportation which includes space.
(31:03):
It is coming up seven minutes.
Speaker 1 (31:05):
To six News and Views You trust to start your
day is the early edition with Andrew Dickens and one
roof Make Your Property Search Simple, News Talk.
Speaker 2 (31:15):
Zibby news B. I'm quite excited about going to the
bookstore and getting the GQ to read about Liam Newson,
but not that because I haven't brought a GQ in ages.
GQ is a great magazine. He's got an awful lot
of stuff, and it's a lot of fashion, a lot
of stuff, a lot of tech, and a lot of Liam.
And what I loved about Liam is that he's bringing
Jandles and Billabong surf jackets to the fashion world. He's
(31:39):
already a superstar. Mike Hosking, Hell, welcome. Where would you do?
What shop would you go by? That magazine?
Speaker 6 (31:45):
At? Oh?
Speaker 2 (31:47):
Where would you go buy a magazine? Magazino still exists?
Yes it does. My supermarket has realized that there's a
margin of magazines and has a very good range. But
you're quite right, it's interesting the book.
Speaker 15 (31:58):
My father in law said the other day he had
never First of all, he'd never heard of Chris Stapleton.
And I played Chris Staple and Chris Staple and I've
run rung mar Becks, this is this is the famous
father and famous father in law Becks And I've ordered
up all the Chris Stapleton's And so you're still buying
CDs and magazines. Funny old business, isn't it. But it's
(32:21):
going to be massive weekend, huge, weekend huge. I just
hope for his sake that something good happens. And because
all the talk coming out of Red Bull is that
they're they're they're not what they were. It's not a
good car, it's not the best car. They didn't run
many laps in by rain at the testing because they
had problems. And the expectation on him to keep up
with Maxistappen is unusually high, but that's been the same
(32:43):
for all the guys him. So it's it's one of
those games you either performer you don't what I like
to but.
Speaker 2 (32:48):
Marco was saying that the thing about the car is
you had to come out of the corner as fast.
That's what they're trying to do. And Stappin goes to
the very limits and he could control the back end.
And the fact that Liam spun out was because he
was pushing it to the very limits, which shows he's
up for the battle.
Speaker 15 (33:05):
Well he is until you lose the battle. And if
you lose the battle, that's the problem. Because the whole
car not to bore everybody, but the whole car. I
watched a fascinating video, but the other day. The whole
car is structured around the way the staff and tribes,
which is highly unusual. And he does things that no
one else can do. Hence he's as.
Speaker 2 (33:22):
Successful as he as the hell out of us.
Speaker 15 (33:24):
And that's what Perez couldn't do. He said, you drive
along or a string of people. Anyway, it's not boring
because it's sold out last year. Oh no, my son
couldn't get tickets. Everyone loves hundreds of thousand, four and
fifty thousand people will go see this thing in Melton
and then we show Oh, I don't know, probably that
because that sounds more interesting. You're talking about all the
other stuff. The investment obviously will to talk to the
police and the investment and stuff like that.
Speaker 2 (33:45):
Actually we will go to Melbourne.
Speaker 15 (33:46):
We'll bloke and Melbourne talk.
Speaker 2 (33:47):
That's my thanks to producer can see my name's Andrew Dickens.
See you tomorrow. I have a great and productive day.
Speaker 1 (34:06):
For more from Early Edition with Ryan Bridge, listen live
to News Talks it Be from five am weekdays, or
follow the podcast on iHeartRadio m HM
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