March 20, 2025 • 34 mins
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Speaker 1 (00:02):
The issues.
Speaker 2 (00:03):
It's the interviews and the insight. Early with one room
to make your property search simple.
Speaker 3 (00:11):
News talks that'd be good morning. Welcome to Early Edition
on Friday, the twenty first of March. I'm Francisca Rudkin
filling in for Andrew Dickens this morning. Good to have
you with us. You are most welcome to contact me
anytime this morning. You can flip me a text on
ninety two ninety two. You can email me at Francesca
at newstalkszb dot co dot nz. On the show today,
good week for dairy farmers. We find out how they're
(00:32):
feeling about Fonterra's bump of first half result. We look
at what's happening with urgent healthcare in Napier. And we're
officially out of a recession. The economy grew by zero
point seven percent of the December quarter. Good news, but
it still feels like we're in the early stages of recovery.
We discussed this before the end of the hour.
Speaker 1 (00:52):
The agenda.
Speaker 3 (00:54):
It's Friday, the twenty first of March. All EU leaders
except Hungary's Victor Auburn, have voted to continue support for Ukraine.
In an official statement, The EU says twenty six of
its twenty seven countries have agreed to keep pressure on
Russia and give regular financial and military support to Ukraine. Meanwhile,
military leaders from twenty countries are currently meeting with the
(01:15):
UKPM Kiir Stamer this morning around peacekeeping options. Elon Musk
has been urged to cut back on work with US
President Donald Trump to stem damage to Tesla. Investors are
concerned Tesla shares have lost a third of their value
in the last month. Longtime Tesla backer, managing director of
US financial firm where Bush Dan Ives, says Musk's involvement
(01:37):
in DOGE is a brand crisis Tornado.
Speaker 4 (01:40):
I think from must he needs to balance this in
terms of being house the CEO and DIRGE, and I
believe taking a step back from DOGE is crucial to.
Speaker 1 (01:50):
The neant government.
Speaker 3 (01:52):
Debt payments in the world's richest nations as at its
highest level since two thousand and seven. Across thirty eight
OECD members, debt service costs as a percentage of GDP
rose to three point three percent in twenty twenty four,
up from two point four percent and twenty twenty one.
According to the OECD's Global Debt report debt payments are
(02:12):
higher than the amount spent on defense, police services and housing,
and New Zealand wine has grown a popularity in the
United States. For the sixteenth year in a row, New
Zealand Wine Growers Report exports to the US totaled seven
hundred and eighty seven million dollars in the year to
June twenty twenty four. Chair Fabian Yukitch says the popularity
(02:34):
has made the United States its most important market.
Speaker 5 (02:37):
Our wines are quite unique compared with wine for other
parts of the world. We actually really make wines at
consumers love, and I think that's the difference.
Speaker 4 (02:44):
But consumers keep coming back to our wines because of
their taste and the aromas from the wine.
Speaker 3 (02:48):
And that's their gender.
Speaker 2 (02:50):
The first word on the News of the Day early
edition with one roof from make Your Property Search Simple
News talks.
Speaker 3 (02:58):
That be So yesterday we spoke about a possible economic
growth of zero point three percent towards zero point five percent,
So it was a good surprise to see GDP up
zero points seven percent for the December quarter, largely of
tourism and agriculture, but eleven out of sixteen industries grew,
though struggling the most to construction and professional services. The
Finance Minister describes it as turning a corner. I tend
(03:20):
to like A and Z economist Henry Russell's description. He
told New Zealand heralds Liam Dan that it would be
stretched to call the figures strong. He said, we chalk
this up to the economy bouncing off the bottom. For
all that, you could tell the government was relieved with
the result. I thought they were restrained in their response.
I heard both David Seymour and Nicola Willis comment yesterday
(03:40):
and restraint was the right approach there. They are more
than aware that there is a long way to go
for a lot of keywaves to feel like we've turned
a corner. Sure, inflation is back under control, interstrates are
on the decline, but global instability is making people nervous.
There needs to be something more tangible in hand to
make us feel like we're getting back on track. And
it doesn't come from a holida of stats and graphs.
(04:02):
It's not until my power company informs me my price
is coming down and not up. Many good and talented
people stop losing their jobs and the price of butter
comes down and the general cost of living settles. Then
maybe will feel like we've turned a corner. As always,
you're most welcome to text throughout the morning. Ninety two
ninety two You're with early addition, it is ten past
(04:24):
five on your radio.
Speaker 2 (04:26):
And online on iHeartRadio Early edition with one roof.
Speaker 1 (04:31):
Make your property search simple, use dog sat be.
Speaker 3 (04:35):
It's thirteen past five. Protests over a lack of after
hours medical care in Napier will go ahead despite an
agreement yesterday to enhance the service. Napier currently has no
doctor after eight pm mening. The closest medical care overnight
is a twenty five minute drive to Hastings. Yesterday, Health
Minister Simeon Brown announced an increase in the overnight urgent
care service in the area, including access to nurse prescribers
(04:59):
and medical support via Tallyhealth. Patient voice says it's not
good enough and the planned protest will be going forward.
Chair and protest organizer Malcolm mul Holland is worth me now.
Good morning, Malcolm, Yeah, good morning. What did you make
of the health minister's announcement yesterday?
Speaker 5 (05:16):
Oh? I found it underwhelming. I don't think it as
a service that meets in need of the Napier community,
and it certainly doesn't seem to be a service that,
if you like, you know, is something that was promised
to the community when the hospital shot its stores back
in nineteen ninety eight.
Speaker 3 (05:37):
What do the people of Napier need.
Speaker 5 (05:40):
I think in particular, they want access to a GP
between those hours of eight at night to eight in
the morning. You know, Debt's been one of the ladin
VEHA calls. They would much rather see a GP in
the flesh if they are needing urgent care and write, now,
that's not a service that's on the table.
Speaker 3 (06:03):
So what would have you like to have seen from
the Health minister yesterday? A GP as opposed to a
nurse practitioner and a nurse put made available.
Speaker 5 (06:11):
Yeah, absolutely, that are GPP there in the flesh. Because
there are some issues around a nurse who is a prescriber.
So my understanding is that they can only prescribe medication
for common or for long term conditions, and I would
assume that many people who present to Napier for urgent
(06:34):
care wouldn't be in that bracket as well as the need.
So some doctors are quite reluctant to say via telehealth
this patient is the need of this medication without actually
seeing them in the flesh. So I'm understanding is depending
on who the GP is at the under end of
(06:54):
the line will determine whether or not a patient will
actually receive the medication that they need.
Speaker 3 (06:59):
You got anywhere that you can pick up a prescription
after ours?
Speaker 5 (07:02):
Yeah, very good question. I don't believe that there is,
and I think that that is one of the services
that the minister has indicated he would like, you know,
there to be more work done and for that to
potentially happen at the Napier Health Center. But right now
that doesn't seem to be something that people who go
(07:23):
there can excess right now.
Speaker 3 (07:26):
So where did the government it sounds like a series
of governments here go wrong with this new plan for Napier.
Speaker 5 (07:34):
Well, I think they haven't appreciated. I guess that Napier
is first for a city of sixty seven thousand people.
And that's whilst there might be ed services available in Hastings,
which is a twenty twenty five minute drive, the people
of Napier do deserve, you know, a robust after our
(07:57):
place with the teen go to be seen for urgent
here and that was something that was promised to them.
So napier citizens do feel like they've been let down
and that the government have not come through with their
end of steal.
Speaker 3 (08:14):
I mean, Malcolm, there's probably a lot of places around
the country where we're having to drive twenty five minutes
to get to after our care. I mean, there will
be parts of Auckland where you know you'd be driving
at least that to reach care. Is it the issue
to drive or is the issue the fact that you know,
once again we don't want to be overloading our ed
departments such as the one that Hasting's Hospital with cases
(08:36):
that don't to be there.
Speaker 5 (08:38):
Well, that's right, it is absolutely that because right now
they will tell you that it's very hard to be
seen Hasting ZD. Hasting ZD more times than not has
absolutely full to the brim, if not flown out the door.
So there is there issue. But you've also got people
who I think, quite rightfully, who live in our city
(08:59):
you know, should be able to be seen for urgent care,
not in an emergency situation, but for urgent care. And
keep in mind too that after cyclone Gabriel, the city
was actually cut off and so people weren't able to
commute from Nature to Hastings and that's a big concern
amongst the community, Malcolm.
Speaker 3 (09:20):
Is a lack of after ours medical service is an
issue in other areas of the country.
Speaker 5 (09:25):
I yeh No, most definitely, and it seems to be
that the preferred option is to go towards a telehealth model.
So I'm thinking for example, down on the West Coast
and Buller where I come from, they've shut down thereafter
our clinics. They were about four or five smester amongst
(09:47):
the West Coast there, and there was a real concern
amongst some via that tellyhealth is not the solution for all.
You've got a predominantly older population, but you've also got
pockets of a community that don't have or even cell
phone access for that matter. So you know, often a
lot of communities are very anxious about in my time
(10:08):
of need, m I going to be able to get
access to in this case, emergency services, not just agent.
Speaker 3 (10:15):
Yeah, Malcolm, thank you so much for your time this morning.
That was Malcolm mul holland there, the chair and protest organizer,
and he is also going to be doing a bit
of a rojo around the country with the petition around
the health system. It is It is eighteen past five.
News Dogs their B.
Speaker 1 (10:32):
News and Views you trust has done.
Speaker 2 (10:34):
Your day is early edition with one room make your
property search simple.
Speaker 1 (10:40):
News Dogs B.
Speaker 3 (10:41):
It is twenty one past five. It has been a
brilliant week for our dairy farmers. Fonterra has delivered a
bumper first half result with net profit up to seven
hundred and twenty nine million dollars, a dividend of twenty
two cents a share will be paid, and the midpoint
milk price is still at ten bucks a kilo. Chair
Federated Farmers Dairy Industry Group, Richard McIntyre is where us
good more.
Speaker 6 (11:01):
Good morning.
Speaker 3 (11:02):
So is the mood the vibe on the farm shifting
to something a little bit more positive?
Speaker 6 (11:08):
Yeah, farmers are, or dairy farmers are a lot more
optimistic at the moment.
Speaker 1 (11:12):
You know.
Speaker 6 (11:12):
Obviously we've got a few that are going through a
draft at the moment in the Northoland, but a lot
of it rain over the last few days, which is
sitting there. Boyd spirits a little bit in that respect,
but look, you know a tend tole a milk price
is great, you know the fact that's becoming more and
more certain is really really positive. And we're hearing a
lot of talk about attend to a milk price for
next season as well, which is awesome. So the break
(11:34):
even milk price is sitting at around eight dollars fifty
at the moment, so it's still really high, but there's
still a reasonable margin there for the average farmer, and
a lot of talking about, you know, paying down some debt,
you know, a lot of accumulated some debt over the
last few years to paying that down, some deferred maintenance
or some capital projects, and probably you know, for the
first time in quite a while, I'm hearing a lot
(11:56):
of farmers starting to ask a but few questions and
talk about what they could or should invest in their
farm that will future proof it for the next ten
or twenty years. So, you know, that is awesome.
Speaker 3 (12:07):
What is the answer to that, Look.
Speaker 6 (12:10):
It really depends on the farm and this situation. You know,
there are a lot of improvements that can be made
to I guess, focus on productivity and production. There are
improvements that can be made to reduce greenhouse gas emissions
or on preved water quality, and it depends on I
guess the starting point for those farms and whether low
hanging fruit is first and foremost.
Speaker 3 (12:31):
This follows forecast this week of back to back good seasons,
which is quite unusual, isn't it? Can it last?
Speaker 6 (12:38):
Well, that's a really good question. So it is quite
rare to have a couple of good.
Speaker 5 (12:42):
Seasons in a row.
Speaker 6 (12:43):
So often when you have a really good milk prices
because international milk prices are really high, and although we
although we produce a large proportion of the milk that
is traded across borders, we only produce a small proportion
of the milk that is produced in the world, and
so a lot of the other producers in the world
actually just ran up production when prices are high, and
(13:04):
often they overshoot a little bit and oversupply the following
year at the milk price drops. So we've always going
to be really aware of that. You know, these productions
for next year great, but there is a chance that
the milk price might drop still, and.
Speaker 3 (13:17):
You're all concerned about the global economic instability at the moment.
Speaker 6 (13:23):
Look, I thank everyone's a little bit worried about where
that might go this and there a little bit of uncertainty,
but you know, the other side of it is in
New Zealand produces really good, safe food and you know
it's well, it's grass fed, it's sought out throughout the world,
and so you know, we typically get a bit of
a premium for that. And so in any sort of
(13:44):
trade wars or anything like that, you know, typically we'll
still have people that we want to buy, all countries
that we want to buy milk products. So last time,
you know, Trump got on, we had all that talk
about tariffs, etc. What really happened was that Mexico decided
that they really wanted our milk products over over Americas,
(14:05):
and we set and sold a hold of milk cares
just to wait and see, isn't it rich Yeah, yeah,
we create opportunities as well.
Speaker 3 (14:12):
Thank you so much for your time. Richard McIntyre. It
is twenty four past.
Speaker 2 (14:16):
Five the early edition Full The Show podcast on iHeartRadio,
Power by News Talks at Me.
Speaker 1 (14:23):
Right.
Speaker 3 (14:23):
Did the news yesterday the economy has grown more than
expected put you in a good mood for the week.
Maybe the news that Fonterra has done so well put
a spring in your step, or the opportunity to grab
a bargain and they have to pay sales this weekend.
Is that putting a smile on your face, or maybe
none of these things had an impact on your happiness.
According to the World Happiness Report, which was published yesterday
(14:43):
by the Well Being Research Center at the University of Oxford,
happiness isn't just about wealth or growth. It's about trust,
connection and knowing people have your back. It is not
a huge surprise. Finland is the happiest country in twenty
twenty five for the eighth year. In row. Denmark, Iceland
and Eden came in at second, third and fourth. In
Costa Rica and Mexico both ranked in the top ten
(15:04):
for the first time. New Zealand came in at twelfth,
between Australia and Switzerland. Now, look, I tend to roll
my eyes every time we compare New Zealand to a
Scandinavian country. We make constant comparisons due to population size,
but we are different countries with different resources and really
follow their lead. But it is intriguing to look at
why Finland is such a happy place. According to the
(15:24):
managing director at Galop, who partnered on the study, the
reason finished people are happier than most is because of
a belief in others, optimism for the future, trust and institutions,
and support from friends and family. Does any of that
feel familiar to us right now? I kind of feel
like twelfth for New Zealand feels about right. Between twenty
(15:46):
sixteen and twenty twenty, we were eighth, and we've been
slowly slipping down the list since twenty twenty one. Look,
we all know that health and wealth are not solely
responsible for happiness, but they play a part unless you
have to stress about them, the more you can focus
on being happy. But the study has turned up some
unexpected strong predictors of well being. Sharing meals with others,
(16:08):
having someone to count on for social support, and household
size all play a part. Basically, social connection is key
to happiness in this era of social isolation and polarization.
This applies particularly to young adults. The study found that
nineteen percent of young adults across the world reported that
they have no one they could count on for social support.
That's a thirty nine percent increase compared to two thousand
(16:30):
and six. It may, of course, be a hangover from
the pandemic, or, more likely, the consequence of giving our
lives over to devices and social media. The Harvard Study
of Adult Development, The famous eighty plus year's study into
Happiness has already established a strong correlation between deep relationships
and well being. So look, this revelation about social connection
(16:52):
isn't news. Maybe it's an important reminder though, for us
all to put our phones down, sit up at the
dining table and have a chat. Said so, health and wealth,
is that what makes you happy? Or would you agree
that there is more to life? And maybe it's a
sort of mind over matter. Maybe we just need to
get some good old fashion optimism back. What makes you happy?
(17:13):
You can text on ninety two ninety two you're with
News Talk siby.
Speaker 2 (17:34):
Early edition with one roof make your property search a
simple News Talk sibbis.
Speaker 3 (17:50):
Good morning, this is early edition on News Talk ZB.
I'm free Tisco bud Can filling in for Andrew today.
Thanks for being with us. In the next half hour
head to Europe where military leaders are meeting in London
to or our operational plans for the Coalition of the
Willing to defend Ukraine. And of course the good news yesterday,
a better result than expected for the economy, which grew
by zero point seven percent in the final quarter of
last year. A nice surprise for a Thursday. So we're
(18:13):
out of a recession, but does it feel like we are.
The government acknowledges there is some way to go, so
we're going to talk about what it's going to take
to feel like we have turned the corner before the
end of the hour. Thank you very much for your feedback.
Steve suggested that Malcolm might have been moaning a little bit.
He says, I live in Taiappe and we have to
drive ninety minutes to ed and says Dargavill also has
(18:38):
an issue worth after our care morning. Francesca on the
farmers arm a farmer and yes we will try and
pay down debt, but back to back profitable years means
we can invest in technology to monitor cow health better,
milk cows better, fix fences, races, Buildings may be replaced,
maybe replace the silent wagon that's get a hammering in
(19:00):
this drought. We know we might find ourselves in survival
mode again in two years. Meanwhile, we'll try and improve
life our people and cows. It's a nice place to
be for a change. That is really good to hear.
Keep the feedback coming. You can text on ninety two
ninety two dos z be right, let's head around the
country and joining us now from Dunedin as Callum proctor,
(19:22):
what's going on with the bluff oysters?
Speaker 4 (19:24):
Callum, yeah, Well, one of the one of the major
bluff oyster suppliers has pulled the pin on this season.
The e WE owned Nightahoo Seafood has says that it
will not harvest the oyster the season due to ongoing
concerns about the poor state of the fishery. Nightaho owns
about twenty percent of the allowable catch quota for bluff oysters.
(19:47):
The chief executive, Todd Moyles, toldus Loop they're facing challenges
around disease and viruses, as well as other factors like
climate change, which has led to see temperatures fluctuating and
disrupting the food source. Auckland stant Depot Eastery, an oyster
bar owned by Al Brown, has announced it won't be
serving the oysters this season, following conversations with the Bluff Fishery.
Speaker 3 (20:08):
And Dunedin's weather today Callum.
Speaker 4 (20:11):
Fog patches this morning, but find today light wins and
twenty three today good.
Speaker 3 (20:15):
To hear, Thank you so much. Claire Sherwood is in
christ Church and it's exciting times because christ church Is
new stadium is opening its doors early to a handful
of lucky contabriance.
Speaker 7 (20:26):
That's the keyword, Francesca, a handful. This is part of
the Open christ Church Festival, which starts in May. It's
a weekend long event. It showcases fifty one buildings of
what they consider architectural interest across christ Church. The Court Theater,
for example, is one of them that will be its
opening weekend. But Open christ Church director Jessica Holidays also
(20:46):
confirmed there'll be twenty tickets available to go inside our
new stadium, which is massive and hard to miss at
the moment, but it is a good it's still a
good year off completion, so everyone wants to see what
it looks like and gee, find twenty tickets.
Speaker 6 (21:02):
I know.
Speaker 7 (21:02):
Look, and Jessica says, this is really daunting because of
the population obviously and the interest it's going to generate.
I could count twenty people who I know that would
want to go, but it's the best they can do
to get around that. And this is where it gets
even harder. For the first time ever, they're going to
run a ballot for entry, so we'll literally draw names
from a hat.
Speaker 3 (21:21):
Like winning lotto. The weather today.
Speaker 7 (21:23):
Clear fine aside from some evening and evening cloud rather
fresh and northeastles developing and the high should be nineteen.
Speaker 3 (21:31):
Thank you so much. And Max Toll is with us
from Wellington and Max Wellington. Crypto outbreak has authorities on alert.
Speaker 8 (21:38):
Yeah, not the currency, unfortunately, this is cryptospiidiosis. Health New
Zealand warning Wellingtonians have an outbreak. Thirty two cases reported
so far. That's far more than the usual in the
region and they're mainly linked to the Hut Valley as well.
The Health agency warning preschools local health centers specifically to
keep an eye out for the disease. Swimming pools are
(21:59):
believed to be a key link to many of the cases.
The gastric illness causes diarrhea, stomach cramps. Health New Zealand
warning that crypto is spread by hands contaminated with BCEs.
Sorry too early in the morning.
Speaker 3 (22:13):
For this charming.
Speaker 8 (22:15):
Important to know. I suppose that's my only defense during
toilet use or nappy changing from hands. It can spread
to services, toys, food, water or in water like spas,
swimming pools and baths, and if you get it, you
probably have to take yourself out of action, incubate for
up to twelve days.
Speaker 3 (22:30):
No important information. And Wellington's weather today max.
Speaker 8 (22:34):
Much better, cloud clearing becoming fine southerlyas twenty the high central.
Speaker 3 (22:38):
Thank you so much, have a good weekend and never
britty Manu is with us in the Auckland studio. Good
morning Friday.
Speaker 2 (22:44):
We made it.
Speaker 3 (22:44):
We made it. An Auckland councilor says he would have
liked more time to weigh a decision around the fate
of the city's speedways. And I'm sorry we are not
talking about Western Spring speeds ways, which the council has
been discussing for at least a decade. Are you serious?
Speaker 9 (23:01):
I am serious? Is this that we were talking about
this in the newsroom too? I thought, I don't really
want to do this story. Is this why we can't
do anything here in Auckland? Is this five things never
ever happened? Renchie Scat, what do you do? So the
final set of races at Western Springs now they're going
to be run tomorrow starting at six pm. And that's
obviously before they moved to any long as wiye a
u a Park. Auckland Council is going to give the
(23:21):
park eleven million dollars for upgrades. But you know, as
we all know, there have been claims of this misrepresentation
and a lack of consultation Speedway INSEAD calling the decision
of blind Side counselor of Mike Lisay's. Look, it seems
a bit hasty. They needed to be more consideration of,
you know, like what those coin consequences would have been, because.
Speaker 3 (23:43):
It keeps right, it just it just I didn't you
hear it's the last race this weekend? You going if
you're in.
Speaker 9 (23:49):
A coma like two years ago and you woke up
and we thought and you hear this, you thought, loop
there's still going on about that?
Speaker 3 (23:55):
Well, I think you probably have a lot of other
things to be excited about. But yes, you might also
think that what's the weather today?
Speaker 9 (24:01):
We need rain and we're not getting it. We're not
getting it at all this weekend. And I'm going to
continue my rant a high of twenty five. So that's
good fine apart from afternoon cloud.
Speaker 3 (24:09):
Thank you so much. Next we're off to Europe to
get the latest on the coalition of the welling. Maybe
that's what we need in Auckland, A Coalition of the Willing.
It is seventeen to six news talks AB. If you're
looking for a place to retire in Auckland, you'd be
hard pressed to find a nicer spot than Saint Halia's
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that's where the Hallia comes in. If you're thinking about
your dream retirement, you should be thinking about the Hallia
(24:31):
by Oceania. The Halia is a modern, beautiful boutique retirement
residence with a welcoming community and fabulous staff. Everything at
the Halia is designed with you in mind, from the
premium amenities to the weekly wellness clinics and the inclusive
community activities. They even have a team to look after
the maintenance side of things that you can enjoy doing
the things you want to do. This is retirement living
(24:53):
you've been dreaming of and with the one bedroom apartment
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it's within reach to learn more and to book your visit.
So thehellire dot co dot.
Speaker 2 (25:06):
INZ International Correspondence with insid Eye Insurance peace of mind
for New Zealand business.
Speaker 3 (25:14):
Vincent Mecaviny is with us this morning from the UK
and Europe. Good morning, Vincent, Good morning. Tell me what
is happening with this European military meeting over the Ukraine.
Speaker 10 (25:27):
Yeah, the leaders of twenty militaries from across Europe are
meeting in UK today to discuss this potential coalition of
the willing what they could deploy to Ukraine if there
is a ceasefire. However, President Putin has put down conditions,
saying that he wouldn't want any NATO member troops to
be in Ukraine, regardless of their badge that they were
(25:48):
serving under, which effectively tries to scuffer the plan before
it's even started. But President Zelenski has been addressing leaders
in Brussels today saying it's not acceptable for Putin to
be dictating the terms to the extent that he is
banning the likes of joining NATO in the future and
trying to stop the country from joining the European Union.
So it seems from all that we've seen so far,
(26:09):
despite President Trump's assertions that he had a good call
with President Putin, if he's not willing to budge on
the peacekeepers going in then he is just stalling for
more time.
Speaker 3 (26:19):
And Finland is the happiest country on Earth. Not a
huge surprise, eight time in a row.
Speaker 10 (26:27):
Yeah, this is the UN sponsored World Happiness Report that
comes out every year. For the eighth year in a row,
Finland has won on this. They're saying it's due to
the access to nature and the strong welfare system that
the country has. It won't be surprised that there are
other Nordic countries right in that sort of top five.
You've got Denmark, Iceland, Sweden and the Netherlands. But there
(26:48):
are two new editions as well. Costa Rica and Mexico
have entered the top ten for the first time due
to the strength of family bonds. And I can tell
you that New Zealand is sitting pretty pretty at twelve,
one behind Australia, though one behind Australian.
Speaker 3 (27:03):
Afraid we're slipping Vincent. Where was the UK?
Speaker 10 (27:07):
Well, the UK has fallen as well, down to twenty
three along with the US. But one good thing from
the study was that it found that people our strangers
twice as kind as people think. They measured this using
a range of factors showing sort of They did an
experiment where people have found a wallet and assessed how
many people then attempted to hand it in, and the
(27:30):
result was double what the expectation of most people thought
it would be.
Speaker 3 (27:34):
There we go, Vincent, thank you so much, have a
lovely weekend. Sid be right, it's starting to look out
for New Zealand as all signs point to a stronger economy.
The GDP rose by zero point seven percent in the
December quarter, indicating we've come out the other side of
the recession. Not in any great rush, you could say.
Council of Trade Union's economist Craig Greeny is with us now.
(27:55):
Good morning, Craig.
Speaker 1 (27:57):
Good morning.
Speaker 3 (27:58):
We're out of the recession. But does it feel that way.
Speaker 11 (28:01):
It won't feel like we're for many people. We're out
of the recession on a quarterly basis, as you say,
we grew zero point seven percent in the last three months,
because on an annual basis, we're still down. We're still
down one point one percent. So you know where where
where certainly stopped the recession, but we're still the economy
is still smaller, and with unemployment rising and the cost
(28:21):
of living still being a real challenge for many people,
it won't feel like we're we've genuinely seen recovery yet
for many people around our ted.
Speaker 3 (28:29):
What is it going to take for us to feel
like the economy is recovering properly? Do you think?
Speaker 11 (28:36):
I think many people are going to need to feel
that difference in their wallets. They're going to need to
feel security and confidence. One of the things we know
is that businesses are aren't confident to invest. So in
the GDP day today yesterday their business investments for whether
consumers are going to need to feel confident and go
god by as things. So we saw durable birds, washing machines, thosets,
(29:00):
things that consumption of those fell last year. I think
confidence is really lacking still in an easy Lando colony
right now, and that's a function of rising and employment.
Speaker 3 (29:09):
Sadly, well, we've noticed that we've seen that, haven't we
We've seen a recent slump and consumer confidence. So there's
growth that we have seen. Do you think it's sustainable?
Speaker 11 (29:19):
You honest, Like everything else in the economics, we'll find out.
But in terms of the next few months, we expect
GDP to keep growing. What happens after that really depends
upon international factors, including Donald Trump and tariffs, and the
extent to which we see more changes at the budget
that again reduce consumer confidence and reduce the confidence of
(29:43):
businesses to invest.
Speaker 3 (29:44):
Unemployment is expected to keep rising. What might every day
workers win? Might every day workers sort of see some relief.
Speaker 11 (29:51):
Well, we keep expecting unemployments to keep rising over the
next year, or of employments for lagging indicator, so we
started to see some growth little a while before start
recruiting in a serious way again, so we expect an
employment to keep paging during the yes, so by the
end of twenty twenty five, workers may feel more confident
because of employments on its way down. But it's the
(30:14):
extent to which again that translates into pay packets for workers.
Forty six percent of workers last year got to pay
rise less than inflation, and we saw many workers heading overseas,
particularly to Australia where pain conditions are better.
Speaker 5 (30:30):
So it's going to be.
Speaker 11 (30:31):
A while before or workers feel any benefit from any
growth in the economy. And we saw that in the
data yesterday where profits were rising at more than three
times the speed of wages in New Zealand. So if
there is a recovery, it seems to be tilted towards
the side of businesses at the moment rather than workers
in their pay packets.
Speaker 3 (30:52):
And the beings. It sid yesterday that on a per
capita basis, our forecast seduced the previous peak and activity
won't be achieved until early twenty two. Would you agree
with that?
Speaker 1 (31:03):
Certainly.
Speaker 11 (31:03):
You know that the GDP PIC capital has fallen for
two years, it's taken and it's taken a real battering.
It's now more it was in more than five percent
lower than it's peak. It's going to take a very
long time to get back to it. You know, it's
it's peak pre the start of these falls. I hope
it doesn't take that long, but it may well be
(31:24):
that it takes a very long time to get back
to the twenty twenty is raised. It isn't the matter,
but certainly a long way off.
Speaker 3 (31:31):
Craig, I thought the government the response from the government
was very restrained yesterday at that positive result. They're very
aware there is a long way to go before New
Zealanders feel like we, you know, probably have turned a
corner or at a heading to a good place. What
do you want to see from the government in terms
of an economic plan.
Speaker 11 (31:52):
Well, that's exactly what I'd like to see, is an
economic plan. We had the Going for Growth document, which
their economic strategy, and it was eighty bullet points, forty
of which have already been done. So it's not really
a plan. There's no plan for investment right now. Investment
(32:13):
every falls every year over the next four years on
physical things like roads, schools, hospitals. We don't have a
plan for the workforce. We don't have a plan to
tackle that rising unemployment. We don't have a plan to
help low income families. And it's when we tackle those
things that will start to see the return in confidence
(32:34):
and that the confidence will result in higher investments and
therefore more jobs and the greater economic security for workers.
And that's what we need at the moment, is is
that sense of an economic plan, And sadly it's still missing.
Speaker 3 (32:46):
Craig, thank you so much for your time. That was Craig,
really the Council of Trade Union's economist. It is five
to six My costing up next.
Speaker 2 (32:53):
The News you Need this Morning and the in depth
analysis early edition with One Room, Make Your Properties Simple.
Speaker 1 (33:01):
News talk z B.
Speaker 3 (33:04):
Coming up at six is Mike Hostking and he is
with me. Now, good morning, good morning, pop quiz.
Speaker 8 (33:08):
You're ready?
Speaker 3 (33:08):
Okay, you go?
Speaker 12 (33:09):
Who's Pete Murray?
Speaker 3 (33:11):
Pete Murray? No idea, there we go.
Speaker 8 (33:13):
Four out of four.
Speaker 12 (33:14):
So Sammy wants me to do an interview with Pete Murray.
Speaker 3 (33:17):
No, I'm sorry, sam.
Speaker 12 (33:18):
No, no, no no, because you're a singer. Well, I
pick the feedback from the googler in the double play.
Speaker 3 (33:25):
She's not a googler. Hands off, she's hands off a keyboard.
Hands are in the egg Mike.
Speaker 12 (33:29):
Google, do you sound like one of one of the
prize when he's on z B They got it now
and now what to hang on? There it is, I've
got the answer.
Speaker 3 (33:37):
So he sounds fantastic when you're talking to him.
Speaker 12 (33:40):
Well, I don't know that I am, because four out
of four said we don't know who he is anyway.
Nicola Willis, by the way, our finance minister, to celebrate
what I thought was a pretty solid number yesterday. See
here a point seven was more than everyone else was thinking,
wasn't it?
Speaker 3 (33:52):
Shortly looking forward to it, I have a great Friday,
our Sea on Sunday Sunday Session nine a m. Take care.
Speaker 1 (34:02):
For more from early edition with Ryan Bridge.
Speaker 2 (34:05):
Listen live to News Talks it B from five am weekdays,
or follow the podcast on iHeartRadio
The issues.
Speaker 2 (00:03):
It's the interviews and the insight. Early with one room
to make your property search simple.
Speaker 3 (00:11):
News talks that'd be good morning. Welcome to Early Edition
on Friday, the twenty first of March. I'm Francisca Rudkin
filling in for Andrew Dickens this morning. Good to have
you with us. You are most welcome to contact me
anytime this morning. You can flip me a text on
ninety two ninety two. You can email me at Francesca
at newstalkszb dot co dot nz. On the show today,
good week for dairy farmers. We find out how they're
(00:32):
feeling about Fonterra's bump of first half result. We look
at what's happening with urgent healthcare in Napier. And we're
officially out of a recession. The economy grew by zero
point seven percent of the December quarter. Good news, but
it still feels like we're in the early stages of recovery.
We discussed this before the end of the hour.
Speaker 1 (00:52):
The agenda.
Speaker 3 (00:54):
It's Friday, the twenty first of March. All EU leaders
except Hungary's Victor Auburn, have voted to continue support for Ukraine.
In an official statement, The EU says twenty six of
its twenty seven countries have agreed to keep pressure on
Russia and give regular financial and military support to Ukraine. Meanwhile,
military leaders from twenty countries are currently meeting with the
(01:15):
UKPM Kiir Stamer this morning around peacekeeping options. Elon Musk
has been urged to cut back on work with US
President Donald Trump to stem damage to Tesla. Investors are
concerned Tesla shares have lost a third of their value
in the last month. Longtime Tesla backer, managing director of
US financial firm where Bush Dan Ives, says Musk's involvement
(01:37):
in DOGE is a brand crisis Tornado.
Speaker 4 (01:40):
I think from must he needs to balance this in
terms of being house the CEO and DIRGE, and I
believe taking a step back from DOGE is crucial to.
Speaker 1 (01:50):
The neant government.
Speaker 3 (01:52):
Debt payments in the world's richest nations as at its
highest level since two thousand and seven. Across thirty eight
OECD members, debt service costs as a percentage of GDP
rose to three point three percent in twenty twenty four,
up from two point four percent and twenty twenty one.
According to the OECD's Global Debt report debt payments are
(02:12):
higher than the amount spent on defense, police services and housing,
and New Zealand wine has grown a popularity in the
United States. For the sixteenth year in a row, New
Zealand Wine Growers Report exports to the US totaled seven
hundred and eighty seven million dollars in the year to
June twenty twenty four. Chair Fabian Yukitch says the popularity
(02:34):
has made the United States its most important market.
Speaker 5 (02:37):
Our wines are quite unique compared with wine for other
parts of the world. We actually really make wines at
consumers love, and I think that's the difference.
Speaker 4 (02:44):
But consumers keep coming back to our wines because of
their taste and the aromas from the wine.
Speaker 3 (02:48):
And that's their gender.
Speaker 2 (02:50):
The first word on the News of the Day early
edition with one roof from make Your Property Search Simple
News talks.
Speaker 3 (02:58):
That be So yesterday we spoke about a possible economic
growth of zero point three percent towards zero point five percent,
So it was a good surprise to see GDP up
zero points seven percent for the December quarter, largely of
tourism and agriculture, but eleven out of sixteen industries grew,
though struggling the most to construction and professional services. The
Finance Minister describes it as turning a corner. I tend
(03:20):
to like A and Z economist Henry Russell's description. He
told New Zealand heralds Liam Dan that it would be
stretched to call the figures strong. He said, we chalk
this up to the economy bouncing off the bottom. For
all that, you could tell the government was relieved with
the result. I thought they were restrained in their response.
I heard both David Seymour and Nicola Willis comment yesterday
(03:40):
and restraint was the right approach there. They are more
than aware that there is a long way to go
for a lot of keywaves to feel like we've turned
a corner. Sure, inflation is back under control, interstrates are
on the decline, but global instability is making people nervous.
There needs to be something more tangible in hand to
make us feel like we're getting back on track. And
it doesn't come from a holida of stats and graphs.
(04:02):
It's not until my power company informs me my price
is coming down and not up. Many good and talented
people stop losing their jobs and the price of butter
comes down and the general cost of living settles. Then
maybe will feel like we've turned a corner. As always,
you're most welcome to text throughout the morning. Ninety two
ninety two You're with early addition, it is ten past
(04:24):
five on your radio.
Speaker 2 (04:26):
And online on iHeartRadio Early edition with one roof.
Speaker 1 (04:31):
Make your property search simple, use dog sat be.
Speaker 3 (04:35):
It's thirteen past five. Protests over a lack of after
hours medical care in Napier will go ahead despite an
agreement yesterday to enhance the service. Napier currently has no
doctor after eight pm mening. The closest medical care overnight
is a twenty five minute drive to Hastings. Yesterday, Health
Minister Simeon Brown announced an increase in the overnight urgent
care service in the area, including access to nurse prescribers
(04:59):
and medical support via Tallyhealth. Patient voice says it's not
good enough and the planned protest will be going forward.
Chair and protest organizer Malcolm mul Holland is worth me now.
Good morning, Malcolm, Yeah, good morning. What did you make
of the health minister's announcement yesterday?
Speaker 5 (05:16):
Oh? I found it underwhelming. I don't think it as
a service that meets in need of the Napier community,
and it certainly doesn't seem to be a service that,
if you like, you know, is something that was promised
to the community when the hospital shot its stores back
in nineteen ninety eight.
Speaker 3 (05:37):
What do the people of Napier need.
Speaker 5 (05:40):
I think in particular, they want access to a GP
between those hours of eight at night to eight in
the morning. You know, Debt's been one of the ladin
VEHA calls. They would much rather see a GP in
the flesh if they are needing urgent care and write, now,
that's not a service that's on the table.
Speaker 3 (06:03):
So what would have you like to have seen from
the Health minister yesterday? A GP as opposed to a
nurse practitioner and a nurse put made available.
Speaker 5 (06:11):
Yeah, absolutely, that are GPP there in the flesh. Because
there are some issues around a nurse who is a prescriber.
So my understanding is that they can only prescribe medication
for common or for long term conditions, and I would
assume that many people who present to Napier for urgent
(06:34):
care wouldn't be in that bracket as well as the need.
So some doctors are quite reluctant to say via telehealth
this patient is the need of this medication without actually
seeing them in the flesh. So I'm understanding is depending
on who the GP is at the under end of
(06:54):
the line will determine whether or not a patient will
actually receive the medication that they need.
Speaker 3 (06:59):
You got anywhere that you can pick up a prescription
after ours?
Speaker 5 (07:02):
Yeah, very good question. I don't believe that there is,
and I think that that is one of the services
that the minister has indicated he would like, you know,
there to be more work done and for that to
potentially happen at the Napier Health Center. But right now
that doesn't seem to be something that people who go
(07:23):
there can excess right now.
Speaker 3 (07:26):
So where did the government it sounds like a series
of governments here go wrong with this new plan for Napier.
Speaker 5 (07:34):
Well, I think they haven't appreciated. I guess that Napier
is first for a city of sixty seven thousand people.
And that's whilst there might be ed services available in Hastings,
which is a twenty twenty five minute drive, the people
of Napier do deserve, you know, a robust after our
(07:57):
place with the teen go to be seen for urgent
here and that was something that was promised to them.
So napier citizens do feel like they've been let down
and that the government have not come through with their
end of steal.
Speaker 3 (08:14):
I mean, Malcolm, there's probably a lot of places around
the country where we're having to drive twenty five minutes
to get to after our care. I mean, there will
be parts of Auckland where you know you'd be driving
at least that to reach care. Is it the issue
to drive or is the issue the fact that you know,
once again we don't want to be overloading our ed
departments such as the one that Hasting's Hospital with cases
(08:36):
that don't to be there.
Speaker 5 (08:38):
Well, that's right, it is absolutely that because right now
they will tell you that it's very hard to be
seen Hasting ZD. Hasting ZD more times than not has
absolutely full to the brim, if not flown out the door.
So there is there issue. But you've also got people
who I think, quite rightfully, who live in our city
(08:59):
you know, should be able to be seen for urgent care,
not in an emergency situation, but for urgent care. And
keep in mind too that after cyclone Gabriel, the city
was actually cut off and so people weren't able to
commute from Nature to Hastings and that's a big concern
amongst the community, Malcolm.
Speaker 3 (09:20):
Is a lack of after ours medical service is an
issue in other areas of the country.
Speaker 5 (09:25):
I yeh No, most definitely, and it seems to be
that the preferred option is to go towards a telehealth model.
So I'm thinking for example, down on the West Coast
and Buller where I come from, they've shut down thereafter
our clinics. They were about four or five smester amongst
(09:47):
the West Coast there, and there was a real concern
amongst some via that tellyhealth is not the solution for all.
You've got a predominantly older population, but you've also got
pockets of a community that don't have or even cell
phone access for that matter. So you know, often a
lot of communities are very anxious about in my time
(10:08):
of need, m I going to be able to get
access to in this case, emergency services, not just agent.
Speaker 3 (10:15):
Yeah, Malcolm, thank you so much for your time this morning.
That was Malcolm mul holland there, the chair and protest organizer,
and he is also going to be doing a bit
of a rojo around the country with the petition around
the health system. It is It is eighteen past five.
News Dogs their B.
Speaker 1 (10:32):
News and Views you trust has done.
Speaker 2 (10:34):
Your day is early edition with one room make your
property search simple.
Speaker 1 (10:40):
News Dogs B.
Speaker 3 (10:41):
It is twenty one past five. It has been a
brilliant week for our dairy farmers. Fonterra has delivered a
bumper first half result with net profit up to seven
hundred and twenty nine million dollars, a dividend of twenty
two cents a share will be paid, and the midpoint
milk price is still at ten bucks a kilo. Chair
Federated Farmers Dairy Industry Group, Richard McIntyre is where us
good more.
Speaker 6 (11:01):
Good morning.
Speaker 3 (11:02):
So is the mood the vibe on the farm shifting
to something a little bit more positive?
Speaker 6 (11:08):
Yeah, farmers are, or dairy farmers are a lot more
optimistic at the moment.
Speaker 1 (11:12):
You know.
Speaker 6 (11:12):
Obviously we've got a few that are going through a
draft at the moment in the Northoland, but a lot
of it rain over the last few days, which is
sitting there. Boyd spirits a little bit in that respect,
but look, you know a tend tole a milk price
is great, you know the fact that's becoming more and
more certain is really really positive. And we're hearing a
lot of talk about attend to a milk price for
next season as well, which is awesome. So the break
(11:34):
even milk price is sitting at around eight dollars fifty
at the moment, so it's still really high, but there's
still a reasonable margin there for the average farmer, and
a lot of talking about, you know, paying down some debt,
you know, a lot of accumulated some debt over the
last few years to paying that down, some deferred maintenance
or some capital projects, and probably you know, for the
first time in quite a while, I'm hearing a lot
(11:56):
of farmers starting to ask a but few questions and
talk about what they could or should invest in their
farm that will future proof it for the next ten
or twenty years. So, you know, that is awesome.
Speaker 3 (12:07):
What is the answer to that, Look.
Speaker 6 (12:10):
It really depends on the farm and this situation. You know,
there are a lot of improvements that can be made
to I guess, focus on productivity and production. There are
improvements that can be made to reduce greenhouse gas emissions
or on preved water quality, and it depends on I
guess the starting point for those farms and whether low
hanging fruit is first and foremost.
Speaker 3 (12:31):
This follows forecast this week of back to back good seasons,
which is quite unusual, isn't it? Can it last?
Speaker 6 (12:38):
Well, that's a really good question. So it is quite
rare to have a couple of good.
Speaker 5 (12:42):
Seasons in a row.
Speaker 6 (12:43):
So often when you have a really good milk prices
because international milk prices are really high, and although we
although we produce a large proportion of the milk that
is traded across borders, we only produce a small proportion
of the milk that is produced in the world, and
so a lot of the other producers in the world
actually just ran up production when prices are high, and
(13:04):
often they overshoot a little bit and oversupply the following
year at the milk price drops. So we've always going
to be really aware of that. You know, these productions
for next year great, but there is a chance that
the milk price might drop still, and.
Speaker 3 (13:17):
You're all concerned about the global economic instability at the moment.
Speaker 6 (13:23):
Look, I thank everyone's a little bit worried about where
that might go this and there a little bit of uncertainty,
but you know, the other side of it is in
New Zealand produces really good, safe food and you know
it's well, it's grass fed, it's sought out throughout the world,
and so you know, we typically get a bit of
a premium for that. And so in any sort of
(13:44):
trade wars or anything like that, you know, typically we'll
still have people that we want to buy, all countries
that we want to buy milk products. So last time,
you know, Trump got on, we had all that talk
about tariffs, etc. What really happened was that Mexico decided
that they really wanted our milk products over over Americas,
(14:05):
and we set and sold a hold of milk cares
just to wait and see, isn't it rich Yeah, yeah,
we create opportunities as well.
Speaker 3 (14:12):
Thank you so much for your time. Richard McIntyre. It
is twenty four past.
Speaker 2 (14:16):
Five the early edition Full The Show podcast on iHeartRadio,
Power by News Talks at Me.
Speaker 1 (14:23):
Right.
Speaker 3 (14:23):
Did the news yesterday the economy has grown more than
expected put you in a good mood for the week.
Maybe the news that Fonterra has done so well put
a spring in your step, or the opportunity to grab
a bargain and they have to pay sales this weekend.
Is that putting a smile on your face, or maybe
none of these things had an impact on your happiness.
According to the World Happiness Report, which was published yesterday
(14:43):
by the Well Being Research Center at the University of Oxford,
happiness isn't just about wealth or growth. It's about trust,
connection and knowing people have your back. It is not
a huge surprise. Finland is the happiest country in twenty
twenty five for the eighth year. In row. Denmark, Iceland
and Eden came in at second, third and fourth. In
Costa Rica and Mexico both ranked in the top ten
(15:04):
for the first time. New Zealand came in at twelfth,
between Australia and Switzerland. Now, look, I tend to roll
my eyes every time we compare New Zealand to a
Scandinavian country. We make constant comparisons due to population size,
but we are different countries with different resources and really
follow their lead. But it is intriguing to look at
why Finland is such a happy place. According to the
(15:24):
managing director at Galop, who partnered on the study, the
reason finished people are happier than most is because of
a belief in others, optimism for the future, trust and institutions,
and support from friends and family. Does any of that
feel familiar to us right now? I kind of feel
like twelfth for New Zealand feels about right. Between twenty
(15:46):
sixteen and twenty twenty, we were eighth, and we've been
slowly slipping down the list since twenty twenty one. Look,
we all know that health and wealth are not solely
responsible for happiness, but they play a part unless you
have to stress about them, the more you can focus
on being happy. But the study has turned up some
unexpected strong predictors of well being. Sharing meals with others,
(16:08):
having someone to count on for social support, and household
size all play a part. Basically, social connection is key
to happiness in this era of social isolation and polarization.
This applies particularly to young adults. The study found that
nineteen percent of young adults across the world reported that
they have no one they could count on for social support.
That's a thirty nine percent increase compared to two thousand
(16:30):
and six. It may, of course, be a hangover from
the pandemic, or, more likely, the consequence of giving our
lives over to devices and social media. The Harvard Study
of Adult Development, The famous eighty plus year's study into
Happiness has already established a strong correlation between deep relationships
and well being. So look, this revelation about social connection
(16:52):
isn't news. Maybe it's an important reminder though, for us
all to put our phones down, sit up at the
dining table and have a chat. Said so, health and wealth,
is that what makes you happy? Or would you agree
that there is more to life? And maybe it's a
sort of mind over matter. Maybe we just need to
get some good old fashion optimism back. What makes you happy?
(17:13):
You can text on ninety two ninety two you're with
News Talk siby.
Speaker 2 (17:34):
Early edition with one roof make your property search a
simple News Talk sibbis.
Speaker 3 (17:50):
Good morning, this is early edition on News Talk ZB.
I'm free Tisco bud Can filling in for Andrew today.
Thanks for being with us. In the next half hour
head to Europe where military leaders are meeting in London
to or our operational plans for the Coalition of the
Willing to defend Ukraine. And of course the good news yesterday,
a better result than expected for the economy, which grew
by zero point seven percent in the final quarter of
last year. A nice surprise for a Thursday. So we're
(18:13):
out of a recession, but does it feel like we are.
The government acknowledges there is some way to go, so
we're going to talk about what it's going to take
to feel like we have turned the corner before the
end of the hour. Thank you very much for your feedback.
Steve suggested that Malcolm might have been moaning a little bit.
He says, I live in Taiappe and we have to
drive ninety minutes to ed and says Dargavill also has
(18:38):
an issue worth after our care morning. Francesca on the
farmers arm a farmer and yes we will try and
pay down debt, but back to back profitable years means
we can invest in technology to monitor cow health better,
milk cows better, fix fences, races, Buildings may be replaced,
maybe replace the silent wagon that's get a hammering in
(19:00):
this drought. We know we might find ourselves in survival
mode again in two years. Meanwhile, we'll try and improve
life our people and cows. It's a nice place to
be for a change. That is really good to hear.
Keep the feedback coming. You can text on ninety two
ninety two dos z be right, let's head around the
country and joining us now from Dunedin as Callum proctor,
(19:22):
what's going on with the bluff oysters?
Speaker 4 (19:24):
Callum, yeah, Well, one of the one of the major
bluff oyster suppliers has pulled the pin on this season.
The e WE owned Nightahoo Seafood has says that it
will not harvest the oyster the season due to ongoing
concerns about the poor state of the fishery. Nightaho owns
about twenty percent of the allowable catch quota for bluff oysters.
(19:47):
The chief executive, Todd Moyles, toldus Loop they're facing challenges
around disease and viruses, as well as other factors like
climate change, which has led to see temperatures fluctuating and
disrupting the food source. Auckland stant Depot Eastery, an oyster
bar owned by Al Brown, has announced it won't be
serving the oysters this season, following conversations with the Bluff Fishery.
Speaker 3 (20:08):
And Dunedin's weather today Callum.
Speaker 4 (20:11):
Fog patches this morning, but find today light wins and
twenty three today good.
Speaker 3 (20:15):
To hear, Thank you so much. Claire Sherwood is in
christ Church and it's exciting times because christ church Is
new stadium is opening its doors early to a handful
of lucky contabriance.
Speaker 7 (20:26):
That's the keyword, Francesca, a handful. This is part of
the Open christ Church Festival, which starts in May. It's
a weekend long event. It showcases fifty one buildings of
what they consider architectural interest across christ Church. The Court Theater,
for example, is one of them that will be its
opening weekend. But Open christ Church director Jessica Holidays also
(20:46):
confirmed there'll be twenty tickets available to go inside our
new stadium, which is massive and hard to miss at
the moment, but it is a good it's still a
good year off completion, so everyone wants to see what
it looks like and gee, find twenty tickets.
Speaker 6 (21:02):
I know.
Speaker 7 (21:02):
Look, and Jessica says, this is really daunting because of
the population obviously and the interest it's going to generate.
I could count twenty people who I know that would
want to go, but it's the best they can do
to get around that. And this is where it gets
even harder. For the first time ever, they're going to
run a ballot for entry, so we'll literally draw names
from a hat.
Speaker 3 (21:21):
Like winning lotto. The weather today.
Speaker 7 (21:23):
Clear fine aside from some evening and evening cloud rather
fresh and northeastles developing and the high should be nineteen.
Speaker 3 (21:31):
Thank you so much. And Max Toll is with us
from Wellington and Max Wellington. Crypto outbreak has authorities on alert.
Speaker 8 (21:38):
Yeah, not the currency, unfortunately, this is cryptospiidiosis. Health New
Zealand warning Wellingtonians have an outbreak. Thirty two cases reported
so far. That's far more than the usual in the
region and they're mainly linked to the Hut Valley as well.
The Health agency warning preschools local health centers specifically to
keep an eye out for the disease. Swimming pools are
(21:59):
believed to be a key link to many of the cases.
The gastric illness causes diarrhea, stomach cramps. Health New Zealand
warning that crypto is spread by hands contaminated with BCEs.
Sorry too early in the morning.
Speaker 3 (22:13):
For this charming.
Speaker 8 (22:15):
Important to know. I suppose that's my only defense during
toilet use or nappy changing from hands. It can spread
to services, toys, food, water or in water like spas,
swimming pools and baths, and if you get it, you
probably have to take yourself out of action, incubate for
up to twelve days.
Speaker 3 (22:30):
No important information. And Wellington's weather today max.
Speaker 8 (22:34):
Much better, cloud clearing becoming fine southerlyas twenty the high central.
Speaker 3 (22:38):
Thank you so much, have a good weekend and never
britty Manu is with us in the Auckland studio. Good
morning Friday.
Speaker 2 (22:44):
We made it.
Speaker 3 (22:44):
We made it. An Auckland councilor says he would have
liked more time to weigh a decision around the fate
of the city's speedways. And I'm sorry we are not
talking about Western Spring speeds ways, which the council has
been discussing for at least a decade. Are you serious?
Speaker 9 (23:01):
I am serious? Is this that we were talking about
this in the newsroom too? I thought, I don't really
want to do this story. Is this why we can't
do anything here in Auckland? Is this five things never
ever happened? Renchie Scat, what do you do? So the
final set of races at Western Springs now they're going
to be run tomorrow starting at six pm. And that's
obviously before they moved to any long as wiye a
u a Park. Auckland Council is going to give the
(23:21):
park eleven million dollars for upgrades. But you know, as
we all know, there have been claims of this misrepresentation
and a lack of consultation Speedway INSEAD calling the decision
of blind Side counselor of Mike Lisay's. Look, it seems
a bit hasty. They needed to be more consideration of,
you know, like what those coin consequences would have been, because.
Speaker 3 (23:43):
It keeps right, it just it just I didn't you
hear it's the last race this weekend? You going if
you're in.
Speaker 9 (23:49):
A coma like two years ago and you woke up
and we thought and you hear this, you thought, loop
there's still going on about that?
Speaker 3 (23:55):
Well, I think you probably have a lot of other
things to be excited about. But yes, you might also
think that what's the weather today?
Speaker 9 (24:01):
We need rain and we're not getting it. We're not
getting it at all this weekend. And I'm going to
continue my rant a high of twenty five. So that's
good fine apart from afternoon cloud.
Speaker 3 (24:09):
Thank you so much. Next we're off to Europe to
get the latest on the coalition of the welling. Maybe
that's what we need in Auckland, A Coalition of the Willing.
It is seventeen to six news talks AB. If you're
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Speaker 2 (25:06):
INZ International Correspondence with insid Eye Insurance peace of mind
for New Zealand business.
Speaker 3 (25:14):
Vincent Mecaviny is with us this morning from the UK
and Europe. Good morning, Vincent, Good morning. Tell me what
is happening with this European military meeting over the Ukraine.
Speaker 10 (25:27):
Yeah, the leaders of twenty militaries from across Europe are
meeting in UK today to discuss this potential coalition of
the willing what they could deploy to Ukraine if there
is a ceasefire. However, President Putin has put down conditions,
saying that he wouldn't want any NATO member troops to
be in Ukraine, regardless of their badge that they were
(25:48):
serving under, which effectively tries to scuffer the plan before
it's even started. But President Zelenski has been addressing leaders
in Brussels today saying it's not acceptable for Putin to
be dictating the terms to the extent that he is
banning the likes of joining NATO in the future and
trying to stop the country from joining the European Union.
So it seems from all that we've seen so far,
(26:09):
despite President Trump's assertions that he had a good call
with President Putin, if he's not willing to budge on
the peacekeepers going in then he is just stalling for
more time.
Speaker 3 (26:19):
And Finland is the happiest country on Earth. Not a
huge surprise, eight time in a row.
Speaker 10 (26:27):
Yeah, this is the UN sponsored World Happiness Report that
comes out every year. For the eighth year in a row,
Finland has won on this. They're saying it's due to
the access to nature and the strong welfare system that
the country has. It won't be surprised that there are
other Nordic countries right in that sort of top five.
You've got Denmark, Iceland, Sweden and the Netherlands. But there
(26:48):
are two new editions as well. Costa Rica and Mexico
have entered the top ten for the first time due
to the strength of family bonds. And I can tell
you that New Zealand is sitting pretty pretty at twelve,
one behind Australia, though one behind Australian.
Speaker 3 (27:03):
Afraid we're slipping Vincent. Where was the UK?
Speaker 10 (27:07):
Well, the UK has fallen as well, down to twenty
three along with the US. But one good thing from
the study was that it found that people our strangers
twice as kind as people think. They measured this using
a range of factors showing sort of They did an
experiment where people have found a wallet and assessed how
many people then attempted to hand it in, and the
(27:30):
result was double what the expectation of most people thought
it would be.
Speaker 3 (27:34):
There we go, Vincent, thank you so much, have a
lovely weekend. Sid be right, it's starting to look out
for New Zealand as all signs point to a stronger economy.
The GDP rose by zero point seven percent in the
December quarter, indicating we've come out the other side of
the recession. Not in any great rush, you could say.
Council of Trade Union's economist Craig Greeny is with us now.
(27:55):
Good morning, Craig.
Speaker 1 (27:57):
Good morning.
Speaker 3 (27:58):
We're out of the recession. But does it feel that way.
Speaker 11 (28:01):
It won't feel like we're for many people. We're out
of the recession on a quarterly basis, as you say,
we grew zero point seven percent in the last three months,
because on an annual basis, we're still down. We're still
down one point one percent. So you know where where
where certainly stopped the recession, but we're still the economy
is still smaller, and with unemployment rising and the cost
(28:21):
of living still being a real challenge for many people,
it won't feel like we're we've genuinely seen recovery yet
for many people around our ted.
Speaker 3 (28:29):
What is it going to take for us to feel
like the economy is recovering properly? Do you think?
Speaker 11 (28:36):
I think many people are going to need to feel
that difference in their wallets. They're going to need to
feel security and confidence. One of the things we know
is that businesses are aren't confident to invest. So in
the GDP day today yesterday their business investments for whether
consumers are going to need to feel confident and go
god by as things. So we saw durable birds, washing machines, thosets,
(29:00):
things that consumption of those fell last year. I think
confidence is really lacking still in an easy Lando colony
right now, and that's a function of rising and employment.
Speaker 3 (29:09):
Sadly, well, we've noticed that we've seen that, haven't we
We've seen a recent slump and consumer confidence. So there's
growth that we have seen. Do you think it's sustainable?
Speaker 11 (29:19):
You honest, Like everything else in the economics, we'll find out.
But in terms of the next few months, we expect
GDP to keep growing. What happens after that really depends
upon international factors, including Donald Trump and tariffs, and the
extent to which we see more changes at the budget
that again reduce consumer confidence and reduce the confidence of
(29:43):
businesses to invest.
Speaker 3 (29:44):
Unemployment is expected to keep rising. What might every day
workers win? Might every day workers sort of see some relief.
Speaker 11 (29:51):
Well, we keep expecting unemployments to keep rising over the
next year, or of employments for lagging indicator, so we
started to see some growth little a while before start
recruiting in a serious way again, so we expect an
employment to keep paging during the yes, so by the
end of twenty twenty five, workers may feel more confident
because of employments on its way down. But it's the
(30:14):
extent to which again that translates into pay packets for workers.
Forty six percent of workers last year got to pay
rise less than inflation, and we saw many workers heading overseas,
particularly to Australia where pain conditions are better.
Speaker 5 (30:30):
So it's going to be.
Speaker 11 (30:31):
A while before or workers feel any benefit from any
growth in the economy. And we saw that in the
data yesterday where profits were rising at more than three
times the speed of wages in New Zealand. So if
there is a recovery, it seems to be tilted towards
the side of businesses at the moment rather than workers
in their pay packets.
Speaker 3 (30:52):
And the beings. It sid yesterday that on a per
capita basis, our forecast seduced the previous peak and activity
won't be achieved until early twenty two. Would you agree
with that?
Speaker 1 (31:03):
Certainly.
Speaker 11 (31:03):
You know that the GDP PIC capital has fallen for
two years, it's taken and it's taken a real battering.
It's now more it was in more than five percent
lower than it's peak. It's going to take a very
long time to get back to it. You know, it's
it's peak pre the start of these falls. I hope
it doesn't take that long, but it may well be
(31:24):
that it takes a very long time to get back
to the twenty twenty is raised. It isn't the matter,
but certainly a long way off.
Speaker 3 (31:31):
Craig, I thought the government the response from the government
was very restrained yesterday at that positive result. They're very
aware there is a long way to go before New
Zealanders feel like we, you know, probably have turned a
corner or at a heading to a good place. What
do you want to see from the government in terms
of an economic plan.
Speaker 11 (31:52):
Well, that's exactly what I'd like to see, is an
economic plan. We had the Going for Growth document, which
their economic strategy, and it was eighty bullet points, forty
of which have already been done. So it's not really
a plan. There's no plan for investment right now. Investment
(32:13):
every falls every year over the next four years on
physical things like roads, schools, hospitals. We don't have a
plan for the workforce. We don't have a plan to
tackle that rising unemployment. We don't have a plan to
help low income families. And it's when we tackle those
things that will start to see the return in confidence
(32:34):
and that the confidence will result in higher investments and
therefore more jobs and the greater economic security for workers.
And that's what we need at the moment, is is
that sense of an economic plan, And sadly it's still missing.
Speaker 3 (32:46):
Craig, thank you so much for your time. That was Craig,
really the Council of Trade Union's economist. It is five
to six My costing up next.
Speaker 2 (32:53):
The News you Need this Morning and the in depth
analysis early edition with One Room, Make Your Properties Simple.
Speaker 1 (33:01):
News talk z B.
Speaker 3 (33:04):
Coming up at six is Mike Hostking and he is
with me. Now, good morning, good morning, pop quiz.
Speaker 8 (33:08):
You're ready?
Speaker 3 (33:08):
Okay, you go?
Speaker 12 (33:09):
Who's Pete Murray?
Speaker 3 (33:11):
Pete Murray? No idea, there we go.
Speaker 8 (33:13):
Four out of four.
Speaker 12 (33:14):
So Sammy wants me to do an interview with Pete Murray.
Speaker 3 (33:17):
No, I'm sorry, sam.
Speaker 12 (33:18):
No, no, no no, because you're a singer. Well, I
pick the feedback from the googler in the double play.
Speaker 3 (33:25):
She's not a googler. Hands off, she's hands off a keyboard.
Hands are in the egg Mike.
Speaker 12 (33:29):
Google, do you sound like one of one of the
prize when he's on z B They got it now
and now what to hang on? There it is, I've
got the answer.
Speaker 3 (33:37):
So he sounds fantastic when you're talking to him.
Speaker 12 (33:40):
Well, I don't know that I am, because four out
of four said we don't know who he is anyway.
Nicola Willis, by the way, our finance minister, to celebrate
what I thought was a pretty solid number yesterday. See
here a point seven was more than everyone else was thinking,
wasn't it?
Speaker 3 (33:52):
Shortly looking forward to it, I have a great Friday,
our Sea on Sunday Sunday Session nine a m. Take care.
Speaker 1 (34:02):
For more from early edition with Ryan Bridge.
Speaker 2 (34:05):
Listen live to News Talks it B from five am weekdays,
or follow the podcast on iHeartRadio
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