May 8, 2025 • 33 mins
On the Early Edition with Ryan Bridge Full Show Podcast Friday 9th of May 2025, A new Pope has been elected, Catholic Journalist Mark O'Connor shares the latest live from the Vatican.
The prime minister's announced an extra almost half billion dollars in capital spending in upcoming budget, New Zealand Initiative Executive Director Oliver Hartwich shares his thoughts.
Record income for New Zealand Rugby was not enough to save them from their third yearly deficit in a row, Former NZR Boss David Moffett tells Ryan Bridge why NZR isn't making enough money.
Plus, UK/Europe Correspondent Vincent McAviney has the latest on a new trade deal between the US and the UK.
Get the Early Edition Full Show Podcast every weekday on iHeartRadio, or wherever you get your podcasts.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
The issues is the interviews and the inside. Ryan Bridge
on early edition with one roof make your property search simple.
Speaker 2 (00:11):
News Talks, he'd b good morning, it is Friday, the
ninth of May, al kicking off this morning for your Friday.
We've got a new pope. We've got white smoke. Everyone's
excited about this. Don't know who it is yet. I
can tell you it will be a man. Rumors are
that it might be an Italian, someone we perhaps didn't expect.
We'll keep across that this morning. India and Pakistan added
again explosions in cashmir details on this new US UK
(00:34):
trade deal. We'll look at Luxeon's budget speeks closest to
six am as well, a little more cap X, a
little less op X, and we'll speak about NZR with
David Moffatt News Talks HEADB.
Speaker 1 (00:48):
The agenda.
Speaker 2 (00:49):
So this Trump Starmadale. First up, tariffs on UK steel
and aluminium are gone, which I'll be very happy about.
UK car tariffs cut from twenty five to ten percent.
Speaker 3 (00:59):
In addition that you will reduce or eliminate numerous non
tariff barriers that unfairly discriminated against American products.
Speaker 4 (01:08):
But this is now turning out.
Speaker 1 (01:09):
I think really could be a great deal.
Speaker 4 (01:10):
For both countries.
Speaker 2 (01:11):
Certainly, Starmer's are happy, chappy.
Speaker 5 (01:14):
We are the first country to secure such a deal
with the United States, and in an error of global
insecurity and instability, that is so important.
Speaker 2 (01:25):
Twenty four hours and four rounds of voting, and we
have ourselves a new pope.
Speaker 6 (01:30):
The crowd is cheering.
Speaker 7 (01:32):
There is juvenation down below in Saint Peter's Square.
Speaker 8 (01:37):
They have been waiting all day and.
Speaker 2 (01:38):
There you hunt confirmation.
Speaker 1 (01:40):
The fowls of Saint Peter are bringing out.
Speaker 8 (01:44):
Yeah.
Speaker 2 (01:44):
Huge crowd's very excited. The Senior Cardinal will soon confirm
the decision that introduced the new pontiff by his chosen
papal name. It'll all be in Latin, so they will
bring you a translation. Finally, the King has paid special
tribute to the veterans of World War II as Britain
marks the eightieth anniversary of v Day. Here's a clip
from Winston Churchill's great grandson Alexander Churchill, who spoke at
(02:07):
the Thanksgiving service.
Speaker 7 (02:09):
Let us pray for peace in Europe and across the
world in our time and for generations to come.
Speaker 1 (02:19):
Ryan Bridge on the edition where the One Room make
your property search simple used dog ziby.
Speaker 2 (02:25):
It was a bit cute, wasn't it. Eight minutes half
to five. They won't be happy to not peace around
the world today because there are fresh explosions reported. This
is in Jammu City in Kashmir. This is India administered Kashmir.
Basically India and Pakistan at it again overnight. Pakistan did
promise yesterday they would hit back, so it sounds like
they have done that. There are blasts and sirens. This
(02:45):
is all happening in the last couple of hours now.
The markets love a deal between the UK and the US.
It's not a free trade deal. Let's make that clear.
It's not a free trade deal. Is it a deal
even that's better than what they had six months ago? No,
it's basically, but it's better than yesterday, which is what
(03:06):
Starr is saying. It's a better deal than they had yesterday.
So they're happy and the markets are happy. Two stocks
up more than one percent after this announcement. So what
does it mean? The ten percent tariff stays, but there
are some exemptions that they've brought in. This is good
news for range Rover. A tariff cup from twenty five
to ten percent, but only on up to one hundred
thousand vehicles. The UK in return has promised to imput
(03:29):
more Boeing planes, so it's like a car plane swap.
Steel is the big deal for the UK, of course,
and you saw Starma today giving his speech out stump
speech outside Day or insider. Our factory was steel workers.
They were very happy those tariffs are gone. Workers are chairing.
Interesting Also on China, Besson is going to Switzerland to
(03:50):
meet with Chinese officials for talks on trade, which is
another reason the markets are happy this morning. And the
US farmers will get more of a look in with
this deal, potentially five billion dollars in added revenue for
them because of the deal that that Trump has done.
So yeah, not going to change the world, but certainly
not as bad as we were yesterday, which is good.
(04:12):
Ten after five News Talks MB will bring you the
new Pope when we get him and David Moffett next
on ZR.
Speaker 1 (04:18):
The First Word on the News of the Day Early
edition with Bryan Bridge and One Room Make Your Property
Search Symbol, News TALKSBOP.
Speaker 2 (04:28):
After five News Talks MB, so we've got white smoke
from the Vatican and four rounds of voting means it
was a quick one. She was a quickie. And the
doors are opening apparently and St. Peter's Square are about
to meet. Our new pope will bring you that as
soon as we have it. So four rounds of voting
means it was quick faster than Francis. May he rest
in peace and that shows unity. Well, this is what
(04:49):
some of the cardinals have been saying, shows unity in
the Catholic Church. It has just gone thirteen minutes after five.
Speaker 1 (04:55):
Brian Bridge John.
Speaker 2 (04:56):
News talksb a record income for INZR, not enough though,
to save them from their third annual deficit in a row. Yesterday,
the chair David Kirkainfield nineteen and a half million dollar loss.
This is despite bringing in two hundred and eighty five
million and revenue. That's their highest ever income. David Moffatt
is the former n ZID Rugby CEO with me this morning, David,
(05:18):
good morning.
Speaker 9 (05:19):
Good morning. This is an early one mate.
Speaker 2 (05:22):
Yeah, thank you for being up with us. What do
you make What do you make of these numbers?
Speaker 9 (05:27):
Well, I suppose they've got I got some decent amount
of cash in the bank. Three losses in a row.
I think I managed to a round about seventy five
million dollars and I can't. I was struggling just to
remember how much money they got from the Silver Lake deal.
(05:48):
I think it was close to three hundred million altogether.
So they've been burning cash, you know, at a rate
of knots, and one's got to wait and see whether
that'll stop. But what this is symptomatic of rugby around
the world, and it's professional rugby is now living in
(06:09):
quicksand no matter where you look in the world, it's
in real trouble. I mean recently you saw the Cardiff
Blues go into receivership and there's been taken over by
the Welsh Rugby Union. I'm not quite sure what they
will bring to the tape table. And then you just
see you've had well. Most of the Super rugby teams
(06:35):
are always perilously poised in their finances. Most recently the
Hurricanes apparently approached the ends at Our for a one
million dollar dailout and the games in real trouble financially.
Speaker 2 (06:50):
What about how much they're paying the players. Do you
think that the salaries are too high or what are
they spending their money?
Speaker 9 (06:56):
I think there are too many teams. To be perfectly
honest with you, and you know, here's here's some things
that I would do. But at New Zealand Rugby, I
would firstly, I would really cut the size of the administration.
You know, I don't know what it is now, but
it was about two hundred at one stage. We used
(07:16):
to do at different times, but at the beginning of
the professional rugby we had around about thirty three thirty
four when I was the chief executive and we did
a pretty good job. I thought, that's the first thing
and do. The second thing I would do would be
cut a professional team. There are too many teams in
New Zealand for the number of quality players that we have.
(07:43):
That would be a very difficult one, wouldn't it. You know,
But that's no different to any business who had to
make that. You've got to be vert, you've got to
be brutal. So yeah, I don't know, to be perfectly
honest with you, but it needs to happen. Australian needs
to cut another team. They can't afford four professional teams,
and so it goes. I mean, the English Premiership is
(08:06):
still in trouble financially and they've gone down from fourteen
to ten teams, but it's still in trouble. Nine out
of the ten teams make a loss every year and
it's not it's just not sustainable. You know, you can't
go on like that.
Speaker 2 (08:22):
And not not whin your third year in the hole
for nineteen and a half million dollars. David, appreciate your
time this morning. David Moffatt, former n Z Rugby CEO.
It is sixteen after five News Talk ZBB.
Speaker 1 (08:34):
Get ahead of the headlines on early edition with Ryan
Bridge and one Roof, Make your Property search simple. News
Talk ZEDB. This is News Talks dB Breaking News.
Speaker 2 (08:50):
Five nineteen on News Talk ZIB. And we have a
new pope. A senior cardinal has just announced the first
American Pope as Robert Francis.
Speaker 10 (08:59):
Previstoma, Robertumfuma song de Romane Clezier, Cardinal Prebost, Cardinal Matrebos.
We see b No Maay named Posuita Leonema Decima, who
(09:19):
we called Leonem Dechimoon, the fourth leon Leonem Dutchimum.
Speaker 11 (09:25):
Fourth.
Speaker 10 (09:26):
Right.
Speaker 2 (09:26):
We're going to get to Vincent mcavinie in just a second.
He is standing by for us our UK europe correspondent,
So very happy people clapping and cheering at St. Peters
Square at Vatican City. Right now, just gone twenty after.
Speaker 1 (09:38):
Five, International correspondence with insign Eye Insurance Peace of Mind
for New Zealand business.
Speaker 2 (09:45):
Vincent's with us now, Vincent, good morning. We have a pope.
I didn't quite catch his papal name.
Speaker 9 (09:50):
What are we calling him?
Speaker 12 (09:52):
No, we haven't had it come out yet. On the wise,
I think it was Leonem but his name before life
as a pope now was Robert Prevos. He will become
the very first ever American pope. He is a surprise contender.
He was in all of the shortlists for the position,
but he was not seen at all as a front runner.
(10:16):
He is only sixty nine years old, which is quite
young for the position. He served as the head of
Late Pope Francis's main advisory group on picking new bishops
and had sort of broad name recognition because of that,
and especially with the sort of large group of papal
electors which have made up this conclave over the past
(10:38):
few days. He was born in Chicago to a family
with Italian, French and Spanish roots. He trained in the
Vatican with the late Pope Francis and spent most of
his career working in Peru. He actually has joint Peruvian citizenship.
He's described as the least American American and someone who
(10:59):
was seen as a bit of a reformer.
Speaker 2 (11:01):
Potentially Leo the fourteenth is his papal name. We're just
being told Leo the fourteenth is the new pope. Interesting
that he's an American. Trump will be happy with that.
But you mentioned he's a reformer in what way? I mean,
what direction do we know this will take? The Catholic Churchen.
Speaker 12 (11:19):
Yeah, I mean, obviously Donald Trump a you know, truth
doubt a picture of himself using AI as pope, but
that was pretty unlikely. But yeah, I think you will
be pretty delighted at something else that he can trumpet
as an achievement under his watch, getting the first American pope.
That had traditionally, of course, been a reluctance to have
an American pope, or indeed a pope from Russia. The
(11:40):
idea was that you didn't want to have a pope
from the superpower that those nations already played large enough
on the world stage, and of course China now as well,
that you wouldn't want someone from there. But that is
what this conclave has decided. He's being described as someone
who is not a showboat. He's been described by colleagues
as being very calm, extremely intelligent, and very compassionate. And
(12:05):
it sounds like he is looking to be progressive on
many social issues. Some see him as a centrist, but
he is apparently, according to these reports coming out now,
as someone who a lot of Catholics would see is
wanting to carry on the work that Pope Francis has
done over his time, which was sort of shifting the
church away from the sort of high church trapped in
(12:26):
very much sort of all nate traditions. And you know,
we know that Pope Francis, for instance, wore simple robes,
wanted things lived very simply, wanted things that were sort
of reaching out from the church, not being internal, wanting
to make sure of engage with the people that needed
the church most, the global poor, wanting to do more
work in the global South. And it sounds like this
(12:48):
new Pope is someone who wants to carry on that
work that Pope Francis started.
Speaker 2 (12:54):
If you're just joining us, we heaven you, Pope. The
US Cardinal Robert Francis Privost has been revealed as Pope
Leo the fourteenth. Then we're talking to Vincent mcavini, who's
our UK europe correspondent. Also we should touch on this
UK US trade deal which has been announced this morning
as well. And it's not a deal that gets them
(13:15):
back to, you know, a great position, but it's a
better position than yesterday, I suppose.
Speaker 12 (13:20):
Yeah, it's not as good as we had this time
last year, for instance, but it's better than we had
over the past couple of weeks. And whilst America is
calling it a trade deal, we here in the UK
are actually calling it just a tariff's deal because it
is not the sort of all around, all encompassing trade
deal that Brexiteers, for instance, have tried to claim that
the UK could get for the last decade or so.
(13:43):
This is a deal which sort of removes that extra
twenty five percent on steel, aluminium and cars that America
had imposed. We've got that down to just ten percent,
so still you know a little chunk there. But they
are the cars that the UK makes and actually has
a surprisingly large car industry. Now they are the high
(14:03):
end cars, so you're Bentley's sort of rolled rooyces Aston Martins,
the kind of customer base that really having ten more
percent on it won't really mean too much of them,
to be honest, But some of those companies had for
the time stopped actually exporting into America and then for
everything else the end. But that's just only the first
(14:24):
one hundred thousand vehicles. Only one hundred and one thousand
are exported last year, so it means that we can't
really grow the market in America much. In return, the
UK government says it's removing the tariff on ethanol for
US goods and agrees sort of reciprocal markets access for
certain products, including beef, and that's going to be quite
(14:44):
controversial because the US uses things like hormones and antibiotics
which British farmers are not allowed to use on their beef.
Here we have sort of much higher standards when it
comes to agricultural products, and so there is a question
mark over that. Now what that means for our farming
stry here, whether there might even be a grassroots or
campaign to simply just not buy American agriculture products in
(15:06):
order to protect our farmers. And also because of that,
what's deemed a sort of more chemical quality produce really.
Speaker 2 (15:15):
Appreciate your time. Vincent Vincent mcavini, UK europe correspondent, just
gone twenty five minutes after five. I'm just looking at
some live pictures from Vatican, the Vatican balcony. The new Pope,
Leo the fourteenth has got tears and designs. Is He's
obviously been overwhelmed by the occasion. Forty thousand Catholics in St.
Peter's Square right now. We have a new pope. We've
(15:36):
had some white smoke. Four rounds of voting. Twenty six
minutes after five, the early.
Speaker 1 (15:41):
Edition full show podcast on iHeartRadio. How it by News
Talks It be.
Speaker 2 (15:47):
News Talks B Twenty eight minutes after five. We have
a new pope. His name is Leo the fourteenth. He's
American and these are his first words.
Speaker 6 (15:55):
This is the first preaching story of the resurrect the
good shepherd who has gave up, given up his life
for God. And I should also like the greeting off
peace to enter our hearts and your families and to
all those people wherever they are.
Speaker 1 (16:18):
Yeah.
Speaker 2 (16:18):
Surprises. American sixty nine years old, born in Chicago, got French,
Italian roots, Progressive or centrist or bit of both. But
certainly not one of the conservatives. So a little hint
where the Catholic Church is going to head in the
next couple of years. Here is Starma on that trade
deal we've been talking about this morning. He was very,
very excited, said I didn't want to do basically a
(16:41):
Hugh Grant in love actually and walk away from the
relationship with the US.
Speaker 5 (16:45):
Instead, in recent years, an idea has taken hold that
you somehow show your strength by rejecting your allies, that
you shut the door, put the phone down, storm off.
I've had plenty of people urging me to do that
rather than stay in the world, in the room and
fight for the interests of our country. And I want
(17:08):
to be absolutely crystal clear that is not how this
government operates.
Speaker 2 (17:14):
You're on News Talk CB. It is twenty nine minutes
after five. We will go to take you to the
Vatican to St. Peter's Square just before six this morning.
Also our reporters around the country and look at the
government's budget.
Speaker 1 (17:30):
On your radio and online on iHeartRadio early edition with
Ryan Bridge and one roof Make your Property Search Simple
News Talk ZIB.
Speaker 2 (17:47):
Good morning, Welcome to your Friday, twenty four away from six,
we'll get to a Vedican We'll get to the Vetican city.
Just before six this morning, we've gotten Australian Catholic journalist
who is very excited by the fact we've got our
first American pope and Louis the fourteenth, that's his name.
We're also going to get to the New Zealand Initiative.
This is on Luxon announcing yesterday more capital expenditure in
(18:10):
the budget, after Nicola Willis, of course said there'd be
less operational expenditure in the budget. Just gone twenty three
minutes away from six Bridge. Outrage in the House, Chaos
in the House for a second day in a row,
this over the pay equity Bill. The question for National
is whether this outrage in Parliament will translate to outrage
at the ballot box. Sure, there is a new legal
(18:31):
framework that's been set up with higher thresholds for pay
equity claims, but Labour is doing its darndest to create
the impression that there's not and if that impression sticks,
it could, I stress could be a problem for National.
Dutton was emasculated at the poll's last Saturday, in part
because he wasn't well liked by women. The red landslide
sweepers Heartland handed Elbow the wind and cost him his
(18:53):
own seat. In Brisbane's northern suburbs, and across Queensland, young
voters and women broke for Elbow. So the question for
National is whether it's just created a problem for twenty
twenty six. Will women give Luxen a swift kick in
the gonads next year? That's the question. The bill does
create a risk of them doing so, especially the fact
(19:14):
it's ran through under urgency. To counter that, you've got
to sell the changes right now in the fog of war.
They're not getting the cut through the critics, your jan Tinetti's.
They're winning the pr game. But when the dust settles,
they need to explain with specific examples, which of those
thirty three deals in the pipeline or deals done thus
(19:35):
far were bad or rotten and why this is not
to say all women vote the same or even together
in a block. Life is not one big sister hit
hood of the Traveling Pants. After all, women didn't show
up for Kamala Harris last November, and the States remember
that even though MSNBC was basically saying Trump would remove
your womb, women ditched labor after Jacinda left the building
(19:58):
and the NATS picked them up. This pay equity bill
is a risk to that support, A bit of a gamble,
not one that can't be overcome. But you've got to
sell your story. Twenty one minutes away from six Now
News Talks there be we'll go to our reporters around
the country. Colum Proctor in Dunedan Culum, Good morning morning. Right,
you've got a new push from South the Needen residents
(20:20):
over the storm water.
Speaker 9 (20:22):
Yeah.
Speaker 13 (20:22):
The council here have been hearing from groups about its
adoption of the local Water Done Well reforms this week,
and one group that's particularly angry is the Surrey Street
Flood Action Group. They say they're continually flooded with sewage
and want the council to fix the problem. The group
says the council has hurt the same complaints here for
thirty years. Millions of dollars have gone into investigations, but
nothing's been done. They say engineered solutions to their problems
(20:46):
have even been designed yet ignored. And now they say
more money is being wasted on the South to Need
and Futures program, which is looking into climb its adaptation
in the area.
Speaker 2 (20:55):
How's your weather, Colum.
Speaker 13 (20:58):
Rain today, easing to showers this afternoon, but otherwise fine
south Westeries and fifteen today brilliant.
Speaker 2 (21:02):
Thank you Calum. Somebody who's text and saying I accidentally
said Louis it is Leo. Forgive me just then Leo
the fourteenth, the new Pope cleassue in christ Church with
us clear. Good morning, Good morning. A caution in Canterbury
ahead of this rainfall that's coming yes well.
Speaker 7 (21:17):
Banks Peninsula's state of emergency was extended yesterday. It's been
in place for a week already due to last week's
record rain and the flooding that came with it. Now
much of the country, as we know, is expecting heavy
rain today. The South Island will get the brunt of
that this morning before it starts to move north. Christ
Church City Council Controller halland Brunt says this rain, the
(21:39):
real concern is that this rain may impact a one
hundred meter crack and some slips around Kadola's Lighthouse Road.
She says, there is the potential we'll see even more
slips forming.
Speaker 11 (21:50):
The land there.
Speaker 7 (21:50):
Remains very saturated as is the state of emergency. Situation
is going to be assisted again on Saturday.
Speaker 2 (21:57):
All right, let's hope things stay pretty well. It's dry
as possible.
Speaker 4 (22:00):
Clear.
Speaker 2 (22:00):
Appreciate your time this morning, Max Toll, I'm willing to Max.
Good morning, good morning.
Speaker 4 (22:04):
Yeah.
Speaker 2 (22:04):
Good financial year for Wellington Airport. Glad you held on
to those years.
Speaker 8 (22:09):
Nearly twenty six million dollars in profit.
Speaker 4 (22:11):
Yeah.
Speaker 8 (22:11):
Good for the City Council, despite at the same time
passenger domestic numbers slumping. Total yearly passengers on domestic routes
down one hundred and forty thousand on the year prior.
The big money spinner international visitors, though that's up about
sixty thousand. One notable example, the Brisbane routes, a thirty
seven percent increase in seats to Brisbane, frustrating for many
(22:33):
here in New Zealand, though Airport Chief Executive Matt Clark
says fleet available availability issues to blame for those falling
domestic numbers expected to remain a challenge for the next
year or so. Personally, something I've experienced myself. I'm sure
many people are listening to have had flights canceled at
late notice. My last five flights down to Timroud to
visit my parents, three of which were canceled very late
(22:55):
notice by Air New Zealand. Not whether the fleet, the
planes they're getting old engine issues and New Zealand's coffers
aren't as fillsome. Domestic travelers bearing the brunt.
Speaker 2 (23:04):
Yeah, including yourself. Hey, how's your weather?
Speaker 4 (23:07):
Max?
Speaker 9 (23:08):
What uh?
Speaker 8 (23:09):
Some heavy rain today? Seventeen the high Central brilliant.
Speaker 2 (23:12):
Thank you Nevers and Aukland never good morning, good morning,
very exciting we have a new hope. But very exciting
also that one Aucklander has won a succulent prize for
giving their views on Auckland's annual budget.
Speaker 11 (23:21):
They have a succulent prize. You're quite right. So in
a YouTube video now, this was on his personal channel
Auckland Me and Wayne Brown said lots of people like
to complain, but not many were interested in submitting. So
Wayne Brown he promised the succulent Chinese meal to one
lucky person who gave their feedback. Now the prize it
references a viral video. This was of an Australian man
(23:41):
being arrested outside a Chinese restaurant in nineteen ninety one.
If you're thinking, why was it a succulent meal? So
the winner was randomly selected earlier this week they will
receive their prize shortly and it's a one hundred and
fifty dollarsoutcher. This is for a Cantonese restaurant in Kingsland.
It's quite well known in Kingsland. Well, it's been open
for like two or three decades in Auckland and loads
of media people, you know, it's been quite popular. I thought, oh,
(24:04):
what's that one? Pretty good?
Speaker 2 (24:05):
Yeah, Wayne to have spent a bit of time there,
wouldn't they all? Oh, yeah, how's our weather today?
Speaker 11 (24:10):
Ray rain, rain showers by afternoon twenty one's a high Brigham.
Speaker 2 (24:13):
Thank you, Neva, Happy Friday. Everybody just walking out basically cheering.
She's as excited as they are at Saint Peter's Square
this morning because we've got a new pope, Leo the fourteenth.
You're on news talks here Be, just gone seventeen minutes
away from six. We will get to Vatican, to the
Vatican before six o'clock. We'll also talk about Luxon and
(24:34):
their capital spend, which has got to be a good thing,
doesn't it. News Talks here Be. It is fourteen minutes
away from six. So we've got a new pope. His
name is Leo the Well he's American and he's Leo
the fourteenth, apparently going to bridge the gap between the
Conservatives and the Church and those more progressive members that
have been pushing for change in the continuation of Francis's legacy.
(24:54):
Mark O'Connor is our man in the Vatican. We're going
to get to him in just a second. He's hung
out with this new Pope's mean a bit of time
with him, so we'll talk to him in a sect.
Just gone fourteen to two now. Now, the Prime Minister
yesterday you'll know this, announced an extra almost half billion
bucks in capital spending in the upcoming budget. The net
capital allowance is now four billion. That's up from three
point six billion that they signaled in the budget policy statement. Health, education, defense, transport.
(25:19):
Those will be the focuses for them. That'll be the
focus for them. Oliver Hartwich, New Zealand Initiative Executive Director,
with me this morning.
Speaker 4 (25:24):
Oliver, A good morning, good morning.
Speaker 2 (25:27):
What did you make of this?
Speaker 4 (25:30):
Well, I think it's a relatively minor announcement because okay,
capital spending was up by ten or eleven, but really
we're only talking about less than five million dollars precisely
and then the grand scheme of things that's actually a
drop in the government's ortion.
Speaker 2 (25:47):
You have advocated quite strongly for changing up our assets
and the ownership of our assets. This obviously does nothing
to deal with that. But what do you think we
should get rid of?
Speaker 4 (25:59):
Well, I think i'll be We've got a few stay
owned companies, especially in energy for example, but also the
government owns a huge chunk of air New Zealand. That
is where you could start quite easily if you want
to sell state owned assets. But altogether we have a
huge state portfolio of assets that deserves a bigger discussion.
For example, kind of aura, how much should the government
(26:19):
be invested there? The question is actually what to do
with that, And we think one of the ways to
deal with state owned assets is actually to go into
a process of so called asset recycling where the government
sells some of the assets to have some more room
for a malouver when it comes to investing in new
state owned assets.
Speaker 2 (26:39):
And just finally on the business front, were they're going
to keep the research and development tax incentive, there is
talk that potentially they will look at doing more incentives
for business to invest to buy you know, manufacturing particular
to buy new equipment. Do you think that's a good idea?
Do you think that's worthwhile?
Speaker 4 (26:57):
Well, the way I read the attention of the I
and D text credit is actually that it provides some
certainty for businesses already investing under that scheme. I mean
that was introduced by Labor in twenty nineteen. To be clear,
Luxton didn't change it. He didn't extend the iron D credit.
He basically keeps it where it is. So I think
that's more pragmatic solution.
Speaker 2 (27:16):
All right, Thanks you, Tom Oliver. I appreciate Oliver. Heartwatch
New Zealand Initiative executive director, just gone twelve away from
six Ryan Bridge. So, Mike O'Connor is the Australian Catholic journalist.
With us from the Vatican. We have a new Pope,
Leo the fourteenth. He is American, sixty nine years old,
born in Chicago, French Italian roots, thought to be a
bridge between the progressives and the conservatives. Mark joins us
(27:39):
now from the Vatican.
Speaker 3 (27:40):
Marc, good morning, good morning, yes, or good evening here
almost good evening. Oh it's a great it's a great evening,
an amazing atmosphere and an amazing choice. I couldn't be happier.
I you know, I had an hour with him on
April or fifteens in Ntingham's, Australia, and probably that's not
gonna happen now. But you know, he's a man who
(28:02):
is rooted in being with ordinary people. He worked in
Peru as a priest for fifteen years and then as
a bishop in you know, amongst poor people. He's actually
also not only an American, he's also a Peruvian citizen.
He speaks perfect Spanish, speaks he's a linguist, and he
was also the Superior General of the Augustinian Fathers in
(28:23):
Rome for several years, so he's an international person. And
of course he speaks perfect Ittarian as as you might
have seen it on the balconies a few minutes ago.
So yeah, And the first words he said were peace,
peace in this world of Gaza and conflict and the
conflict that's this in Ukraine. And he's going to be
the peace. And he's taken the name Leah the thirteenth,
(28:47):
So Leah the fourteenth deliberately because Leah the thirteenth was
the great pope of social justice teaching in the church
and of reaching out to marginalized, the first great pope
who really took the side of the working class with
these great instiight, m nevaram. So yeah, I'm excited. I
think it's fantastic. Apart from the fact that, you know,
I had a lovely hour with him. He's a very charming,
(29:07):
quiet he's not, you know, the charismatic figure of Pope Francis.
You're never going to get another Pope Francis. He's quite unique,
but he's just lovely, warm, caring human being who tried,
who was going to try and build bridges, and he's
very much in the spirit of Pope Francis. They've certainly
gone for continuity of continuing the vision and the mission
of Pope Francis. We were a little bit worried, some
(29:27):
of us that you know, there were there were voices saying,
you know, let's go back to the past, that the
new Pope Leah of the fourteenth will take us with
great joy and hope into the future. And he's well
loved and well trusted also in the Roman Curia by
many many people. So yeah, I think it's you know,
I'm I have to say, I'm ecstatic, I think, and
(29:50):
what does it mean beyond my wildest dreams.
Speaker 2 (29:53):
Mark, what does it mean? What does it mean the
fact it took it there's only four rounds quicker than Francis.
Speaker 3 (29:58):
Well, it means, yeah, it means that they that they
came pretty quickly into the decision that he was the
right man. He was elected more quickly than than Cardinal
Ratzinger was elected, you know, Pope Benedict. You know, it
was very, very quick. We were all surprised. I was
in the Vatican Press office when when it happened, and
you know, and then there was this enormous roar at
(30:18):
the crowd, and then when his name came through that
you know that it was that it was Robert Prevost,
et cetera. I mean, like it's just extraordinary. I know
I'm sounding a little bit of a little bit emotional
of the moment, sorry, but like it's it is, you know,
something that those of us who really loved Pope Francis
were a bit worried that somebody might appear who might,
you know, sort of slow things down a bit. But
(30:40):
this guy, he's moderate, he's calm, he's you know, he's
a person of prayer, but he's also a person who's
quite determined, you know, to continue the vision of the
Church reforming itself and reaching out to the world and
to the poor and to the suffering. But you know,
it was sonignant and the very first words that he
said were peaces. He will, you know, in this world
(31:01):
at the moment, with your Gaza and your crame, we
desperately need peacemakers and he you know, you know, he's
going to be an ausentic, credible voice that will get
hope to many people. I think Mark really including a
lot of non Catholics.
Speaker 2 (31:15):
I really appreciate your time, and there's nothing wrong with
been a little bit emotional. In fact, I think Pope
Leo was a little bit emotional standing on the balcony
of the Vatican earlier this morning. Thanks very much for
your time. That's Mark O'Connor, Australian Catholic journalists with us.
You're on News Talks HEB eight minutes away from six
on your Friday morning, and Mike is here with.
Speaker 1 (31:34):
Us next news and Views you trust to start your day.
It's early editioned with Ryan Bridge and One Room, Make
your Property search Simple. News Talk ZIBB.
Speaker 2 (31:45):
Five away from six. News TALKSB we've got a new Pope,
Leo the fourteenth. He's American, spent most of his life
in Peru, and Mike is with you next, he's in
the studio. Mike, good morning.
Speaker 14 (31:55):
It's funny. It's a funny thing, isn't it, Because most
of the world, of course isn't Catholic, so therefore has
limited interest and you know nothing of this person, and
after today you will know nothing really more of him
unless he says something particularly controversial.
Speaker 2 (32:08):
Which he probably will sounds like he won't.
Speaker 14 (32:10):
And in thirty years perhaps he will die.
Speaker 2 (32:14):
We'll do it all again, and we'll do it all again,
but at least you know. I mean, we've had what
twelve years of the last Pope of post Francis before
he passed away, So I mean, this guy's sixty nine,
as you say, should have a good innings. He'll go well.
Speaker 14 (32:26):
But it's a fat I was saying to somebody earlier
on because they were getting excited about that. But it's
the genius of what the Roman Catholic Church did think
about the chimney, right. So if you had got, just
in the modern era, a press release, would you have
jumped up and down in the newsroom and gone, oh.
Speaker 2 (32:42):
Like people that because the genius a smoke. It's the
smoke they used to use straw apparently, and now it's
all chemicals. Yeah, exactly, So if this guy talks about
climate change, I'll be laughing all the way to them.
Speaker 14 (32:53):
You know, Well, there's a certain irony and that is yeah,
but I mean short of this, and that's one of
those stories where there's literally nothing to say once you've
got his name, his age.
Speaker 2 (33:02):
Clearly the Peru scoop. So he's been well, what's left. Well,
we spoke to a guy who spent an hour with
him this we had him on.
Speaker 14 (33:13):
The other guy is a very nice guy, very enthusiastic.
But that's what I'm saying. Guys like him live for this.
The rest of us are going. I mean, you know,
you and I when we get together, I'm coming around
to your place tonight for a drink. We're not going
to talk about this, aren't we.
Speaker 2 (33:27):
Well, we talk about the trade deal between the US
and the UK.
Speaker 14 (33:30):
We'll talk a little bit about that, and we'll talk
a little bit about the rugby because Mike Robinson's on
this morning, and they make more money good, but they
still lose.
Speaker 2 (33:38):
Get rid of some teams and pay the players less easy.
Speaker 14 (33:42):
Okay, have a good see you tonight, see you to.
Speaker 2 (33:44):
Night, mate, have a great one. Everyone's see on Monday.
Speaker 1 (33:49):
For more from Early Edition with Ryan Bridge, listen live
to News Talks it'd be from five am weekdays, or
follow the podcast on iHeartRadio
The issues is the interviews and the inside. Ryan Bridge
on early edition with one roof make your property search simple.
Speaker 2 (00:11):
News Talks, he'd b good morning, it is Friday, the
ninth of May, al kicking off this morning for your Friday.
We've got a new pope. We've got white smoke. Everyone's
excited about this. Don't know who it is yet. I
can tell you it will be a man. Rumors are
that it might be an Italian, someone we perhaps didn't expect.
We'll keep across that this morning. India and Pakistan added
again explosions in cashmir details on this new US UK
(00:34):
trade deal. We'll look at Luxeon's budget speeks closest to
six am as well, a little more cap X, a
little less op X, and we'll speak about NZR with
David Moffatt News Talks HEADB.
Speaker 1 (00:48):
The agenda.
Speaker 2 (00:49):
So this Trump Starmadale. First up, tariffs on UK steel
and aluminium are gone, which I'll be very happy about.
UK car tariffs cut from twenty five to ten percent.
Speaker 3 (00:59):
In addition that you will reduce or eliminate numerous non
tariff barriers that unfairly discriminated against American products.
Speaker 4 (01:08):
But this is now turning out.
Speaker 1 (01:09):
I think really could be a great deal.
Speaker 4 (01:10):
For both countries.
Speaker 2 (01:11):
Certainly, Starmer's are happy, chappy.
Speaker 5 (01:14):
We are the first country to secure such a deal
with the United States, and in an error of global
insecurity and instability, that is so important.
Speaker 2 (01:25):
Twenty four hours and four rounds of voting, and we
have ourselves a new pope.
Speaker 6 (01:30):
The crowd is cheering.
Speaker 7 (01:32):
There is juvenation down below in Saint Peter's Square.
Speaker 8 (01:37):
They have been waiting all day and.
Speaker 2 (01:38):
There you hunt confirmation.
Speaker 1 (01:40):
The fowls of Saint Peter are bringing out.
Speaker 8 (01:44):
Yeah.
Speaker 2 (01:44):
Huge crowd's very excited. The Senior Cardinal will soon confirm
the decision that introduced the new pontiff by his chosen
papal name. It'll all be in Latin, so they will
bring you a translation. Finally, the King has paid special
tribute to the veterans of World War II as Britain
marks the eightieth anniversary of v Day. Here's a clip
from Winston Churchill's great grandson Alexander Churchill, who spoke at
(02:07):
the Thanksgiving service.
Speaker 7 (02:09):
Let us pray for peace in Europe and across the
world in our time and for generations to come.
Speaker 1 (02:19):
Ryan Bridge on the edition where the One Room make
your property search simple used dog ziby.
Speaker 2 (02:25):
It was a bit cute, wasn't it. Eight minutes half
to five. They won't be happy to not peace around
the world today because there are fresh explosions reported. This
is in Jammu City in Kashmir. This is India administered Kashmir.
Basically India and Pakistan at it again overnight. Pakistan did
promise yesterday they would hit back, so it sounds like
they have done that. There are blasts and sirens. This
(02:45):
is all happening in the last couple of hours now.
The markets love a deal between the UK and the US.
It's not a free trade deal. Let's make that clear.
It's not a free trade deal. Is it a deal
even that's better than what they had six months ago? No,
it's basically, but it's better than yesterday, which is what
(03:06):
Starr is saying. It's a better deal than they had yesterday.
So they're happy and the markets are happy. Two stocks
up more than one percent after this announcement. So what
does it mean? The ten percent tariff stays, but there
are some exemptions that they've brought in. This is good
news for range Rover. A tariff cup from twenty five
to ten percent, but only on up to one hundred
thousand vehicles. The UK in return has promised to imput
(03:29):
more Boeing planes, so it's like a car plane swap.
Steel is the big deal for the UK, of course,
and you saw Starma today giving his speech out stump
speech outside Day or insider. Our factory was steel workers.
They were very happy those tariffs are gone. Workers are chairing.
Interesting Also on China, Besson is going to Switzerland to
(03:50):
meet with Chinese officials for talks on trade, which is
another reason the markets are happy this morning. And the
US farmers will get more of a look in with
this deal, potentially five billion dollars in added revenue for
them because of the deal that that Trump has done.
So yeah, not going to change the world, but certainly
not as bad as we were yesterday, which is good.
(04:12):
Ten after five News Talks MB will bring you the
new Pope when we get him and David Moffett next
on ZR.
Speaker 1 (04:18):
The First Word on the News of the Day Early
edition with Bryan Bridge and One Room Make Your Property
Search Symbol, News TALKSBOP.
Speaker 2 (04:28):
After five News Talks MB, so we've got white smoke
from the Vatican and four rounds of voting means it
was a quick one. She was a quickie. And the
doors are opening apparently and St. Peter's Square are about
to meet. Our new pope will bring you that as
soon as we have it. So four rounds of voting
means it was quick faster than Francis. May he rest
in peace and that shows unity. Well, this is what
(04:49):
some of the cardinals have been saying, shows unity in
the Catholic Church. It has just gone thirteen minutes after five.
Speaker 1 (04:55):
Brian Bridge John.
Speaker 2 (04:56):
News talksb a record income for INZR, not enough though,
to save them from their third annual deficit in a row. Yesterday,
the chair David Kirkainfield nineteen and a half million dollar loss.
This is despite bringing in two hundred and eighty five
million and revenue. That's their highest ever income. David Moffatt
is the former n ZID Rugby CEO with me this morning, David,
(05:18):
good morning.
Speaker 9 (05:19):
Good morning. This is an early one mate.
Speaker 2 (05:22):
Yeah, thank you for being up with us. What do
you make What do you make of these numbers?
Speaker 9 (05:27):
Well, I suppose they've got I got some decent amount
of cash in the bank. Three losses in a row.
I think I managed to a round about seventy five
million dollars and I can't. I was struggling just to
remember how much money they got from the Silver Lake deal.
(05:48):
I think it was close to three hundred million altogether.
So they've been burning cash, you know, at a rate
of knots, and one's got to wait and see whether
that'll stop. But what this is symptomatic of rugby around
the world, and it's professional rugby is now living in
(06:09):
quicksand no matter where you look in the world, it's
in real trouble. I mean recently you saw the Cardiff
Blues go into receivership and there's been taken over by
the Welsh Rugby Union. I'm not quite sure what they
will bring to the tape table. And then you just
see you've had well. Most of the Super rugby teams
(06:35):
are always perilously poised in their finances. Most recently the
Hurricanes apparently approached the ends at Our for a one
million dollar dailout and the games in real trouble financially.
Speaker 2 (06:50):
What about how much they're paying the players. Do you
think that the salaries are too high or what are
they spending their money?
Speaker 9 (06:56):
I think there are too many teams. To be perfectly
honest with you, and you know, here's here's some things
that I would do. But at New Zealand Rugby, I
would firstly, I would really cut the size of the administration.
You know, I don't know what it is now, but
it was about two hundred at one stage. We used
(07:16):
to do at different times, but at the beginning of
the professional rugby we had around about thirty three thirty
four when I was the chief executive and we did
a pretty good job. I thought, that's the first thing
and do. The second thing I would do would be
cut a professional team. There are too many teams in
New Zealand for the number of quality players that we have.
(07:43):
That would be a very difficult one, wouldn't it. You know,
But that's no different to any business who had to
make that. You've got to be vert, you've got to
be brutal. So yeah, I don't know, to be perfectly
honest with you, but it needs to happen. Australian needs
to cut another team. They can't afford four professional teams,
and so it goes. I mean, the English Premiership is
(08:06):
still in trouble financially and they've gone down from fourteen
to ten teams, but it's still in trouble. Nine out
of the ten teams make a loss every year and
it's not it's just not sustainable. You know, you can't
go on like that.
Speaker 2 (08:22):
And not not whin your third year in the hole
for nineteen and a half million dollars. David, appreciate your
time this morning. David Moffatt, former n Z Rugby CEO.
It is sixteen after five News Talk ZBB.
Speaker 1 (08:34):
Get ahead of the headlines on early edition with Ryan
Bridge and one Roof, Make your Property search simple. News
Talk ZEDB. This is News Talks dB Breaking News.
Speaker 2 (08:50):
Five nineteen on News Talk ZIB. And we have a
new pope. A senior cardinal has just announced the first
American Pope as Robert Francis.
Speaker 10 (08:59):
Previstoma, Robertumfuma song de Romane Clezier, Cardinal Prebost, Cardinal Matrebos.
We see b No Maay named Posuita Leonema Decima, who
(09:19):
we called Leonem Dechimoon, the fourth leon Leonem Dutchimum.
Speaker 11 (09:25):
Fourth.
Speaker 10 (09:26):
Right.
Speaker 2 (09:26):
We're going to get to Vincent mcavinie in just a second.
He is standing by for us our UK europe correspondent,
So very happy people clapping and cheering at St. Peters
Square at Vatican City. Right now, just gone twenty after.
Speaker 1 (09:38):
Five, International correspondence with insign Eye Insurance Peace of Mind
for New Zealand business.
Speaker 2 (09:45):
Vincent's with us now, Vincent, good morning. We have a pope.
I didn't quite catch his papal name.
Speaker 9 (09:50):
What are we calling him?
Speaker 12 (09:52):
No, we haven't had it come out yet. On the wise,
I think it was Leonem but his name before life
as a pope now was Robert Prevos. He will become
the very first ever American pope. He is a surprise contender.
He was in all of the shortlists for the position,
but he was not seen at all as a front runner.
(10:16):
He is only sixty nine years old, which is quite
young for the position. He served as the head of
Late Pope Francis's main advisory group on picking new bishops
and had sort of broad name recognition because of that,
and especially with the sort of large group of papal
electors which have made up this conclave over the past
(10:38):
few days. He was born in Chicago to a family
with Italian, French and Spanish roots. He trained in the
Vatican with the late Pope Francis and spent most of
his career working in Peru. He actually has joint Peruvian citizenship.
He's described as the least American American and someone who
(10:59):
was seen as a bit of a reformer.
Speaker 2 (11:01):
Potentially Leo the fourteenth is his papal name. We're just
being told Leo the fourteenth is the new pope. Interesting
that he's an American. Trump will be happy with that.
But you mentioned he's a reformer in what way? I mean,
what direction do we know this will take? The Catholic Churchen.
Speaker 12 (11:19):
Yeah, I mean, obviously Donald Trump a you know, truth
doubt a picture of himself using AI as pope, but
that was pretty unlikely. But yeah, I think you will
be pretty delighted at something else that he can trumpet
as an achievement under his watch, getting the first American pope.
That had traditionally, of course, been a reluctance to have
an American pope, or indeed a pope from Russia. The
(11:40):
idea was that you didn't want to have a pope
from the superpower that those nations already played large enough
on the world stage, and of course China now as well,
that you wouldn't want someone from there. But that is
what this conclave has decided. He's being described as someone
who is not a showboat. He's been described by colleagues
as being very calm, extremely intelligent, and very compassionate. And
(12:05):
it sounds like he is looking to be progressive on
many social issues. Some see him as a centrist, but
he is apparently, according to these reports coming out now,
as someone who a lot of Catholics would see is
wanting to carry on the work that Pope Francis has
done over his time, which was sort of shifting the
church away from the sort of high church trapped in
(12:26):
very much sort of all nate traditions. And you know,
we know that Pope Francis, for instance, wore simple robes,
wanted things lived very simply, wanted things that were sort
of reaching out from the church, not being internal, wanting
to make sure of engage with the people that needed
the church most, the global poor, wanting to do more
work in the global South. And it sounds like this
(12:48):
new Pope is someone who wants to carry on that
work that Pope Francis started.
Speaker 2 (12:54):
If you're just joining us, we heaven you, Pope. The
US Cardinal Robert Francis Privost has been revealed as Pope
Leo the fourteenth. Then we're talking to Vincent mcavini, who's
our UK europe correspondent. Also we should touch on this
UK US trade deal which has been announced this morning
as well. And it's not a deal that gets them
(13:15):
back to, you know, a great position, but it's a
better position than yesterday, I suppose.
Speaker 12 (13:20):
Yeah, it's not as good as we had this time
last year, for instance, but it's better than we had
over the past couple of weeks. And whilst America is
calling it a trade deal, we here in the UK
are actually calling it just a tariff's deal because it
is not the sort of all around, all encompassing trade
deal that Brexiteers, for instance, have tried to claim that
the UK could get for the last decade or so.
(13:43):
This is a deal which sort of removes that extra
twenty five percent on steel, aluminium and cars that America
had imposed. We've got that down to just ten percent,
so still you know a little chunk there. But they
are the cars that the UK makes and actually has
a surprisingly large car industry. Now they are the high
(14:03):
end cars, so you're Bentley's sort of rolled rooyces Aston Martins,
the kind of customer base that really having ten more
percent on it won't really mean too much of them,
to be honest, But some of those companies had for
the time stopped actually exporting into America and then for
everything else the end. But that's just only the first
(14:24):
one hundred thousand vehicles. Only one hundred and one thousand
are exported last year, so it means that we can't
really grow the market in America much. In return, the
UK government says it's removing the tariff on ethanol for
US goods and agrees sort of reciprocal markets access for
certain products, including beef, and that's going to be quite
(14:44):
controversial because the US uses things like hormones and antibiotics
which British farmers are not allowed to use on their beef.
Here we have sort of much higher standards when it
comes to agricultural products, and so there is a question
mark over that. Now what that means for our farming
stry here, whether there might even be a grassroots or
campaign to simply just not buy American agriculture products in
(15:06):
order to protect our farmers. And also because of that,
what's deemed a sort of more chemical quality produce really.
Speaker 2 (15:15):
Appreciate your time. Vincent Vincent mcavini, UK europe correspondent, just
gone twenty five minutes after five. I'm just looking at
some live pictures from Vatican, the Vatican balcony. The new Pope,
Leo the fourteenth has got tears and designs. Is He's
obviously been overwhelmed by the occasion. Forty thousand Catholics in St.
Peter's Square right now. We have a new pope. We've
(15:36):
had some white smoke. Four rounds of voting. Twenty six
minutes after five, the early.
Speaker 1 (15:41):
Edition full show podcast on iHeartRadio. How it by News
Talks It be.
Speaker 2 (15:47):
News Talks B Twenty eight minutes after five. We have
a new pope. His name is Leo the fourteenth. He's
American and these are his first words.
Speaker 6 (15:55):
This is the first preaching story of the resurrect the
good shepherd who has gave up, given up his life
for God. And I should also like the greeting off
peace to enter our hearts and your families and to
all those people wherever they are.
Speaker 1 (16:18):
Yeah.
Speaker 2 (16:18):
Surprises. American sixty nine years old, born in Chicago, got French,
Italian roots, Progressive or centrist or bit of both. But
certainly not one of the conservatives. So a little hint
where the Catholic Church is going to head in the
next couple of years. Here is Starma on that trade
deal we've been talking about this morning. He was very,
very excited, said I didn't want to do basically a
(16:41):
Hugh Grant in love actually and walk away from the
relationship with the US.
Speaker 5 (16:45):
Instead, in recent years, an idea has taken hold that
you somehow show your strength by rejecting your allies, that
you shut the door, put the phone down, storm off.
I've had plenty of people urging me to do that
rather than stay in the world, in the room and
fight for the interests of our country. And I want
(17:08):
to be absolutely crystal clear that is not how this
government operates.
Speaker 2 (17:14):
You're on News Talk CB. It is twenty nine minutes
after five. We will go to take you to the
Vatican to St. Peter's Square just before six this morning.
Also our reporters around the country and look at the
government's budget.
Speaker 1 (17:30):
On your radio and online on iHeartRadio early edition with
Ryan Bridge and one roof Make your Property Search Simple
News Talk ZIB.
Speaker 2 (17:47):
Good morning, Welcome to your Friday, twenty four away from six,
we'll get to a Vedican We'll get to the Vetican city.
Just before six this morning, we've gotten Australian Catholic journalist
who is very excited by the fact we've got our
first American pope and Louis the fourteenth, that's his name.
We're also going to get to the New Zealand Initiative.
This is on Luxon announcing yesterday more capital expenditure in
(18:10):
the budget, after Nicola Willis, of course said there'd be
less operational expenditure in the budget. Just gone twenty three
minutes away from six Bridge. Outrage in the House, Chaos
in the House for a second day in a row,
this over the pay equity Bill. The question for National
is whether this outrage in Parliament will translate to outrage
at the ballot box. Sure, there is a new legal
(18:31):
framework that's been set up with higher thresholds for pay
equity claims, but Labour is doing its darndest to create
the impression that there's not and if that impression sticks,
it could, I stress could be a problem for National.
Dutton was emasculated at the poll's last Saturday, in part
because he wasn't well liked by women. The red landslide
sweepers Heartland handed Elbow the wind and cost him his
(18:53):
own seat. In Brisbane's northern suburbs, and across Queensland, young
voters and women broke for Elbow. So the question for
National is whether it's just created a problem for twenty
twenty six. Will women give Luxen a swift kick in
the gonads next year? That's the question. The bill does
create a risk of them doing so, especially the fact
(19:14):
it's ran through under urgency. To counter that, you've got
to sell the changes right now in the fog of war.
They're not getting the cut through the critics, your jan Tinetti's.
They're winning the pr game. But when the dust settles,
they need to explain with specific examples, which of those
thirty three deals in the pipeline or deals done thus
(19:35):
far were bad or rotten and why this is not
to say all women vote the same or even together
in a block. Life is not one big sister hit
hood of the Traveling Pants. After all, women didn't show
up for Kamala Harris last November, and the States remember
that even though MSNBC was basically saying Trump would remove
your womb, women ditched labor after Jacinda left the building
(19:58):
and the NATS picked them up. This pay equity bill
is a risk to that support, A bit of a gamble,
not one that can't be overcome. But you've got to
sell your story. Twenty one minutes away from six Now
News Talks there be we'll go to our reporters around
the country. Colum Proctor in Dunedan Culum, Good morning morning. Right,
you've got a new push from South the Needen residents
(20:20):
over the storm water.
Speaker 9 (20:22):
Yeah.
Speaker 13 (20:22):
The council here have been hearing from groups about its
adoption of the local Water Done Well reforms this week,
and one group that's particularly angry is the Surrey Street
Flood Action Group. They say they're continually flooded with sewage
and want the council to fix the problem. The group
says the council has hurt the same complaints here for
thirty years. Millions of dollars have gone into investigations, but
nothing's been done. They say engineered solutions to their problems
(20:46):
have even been designed yet ignored. And now they say
more money is being wasted on the South to Need
and Futures program, which is looking into climb its adaptation
in the area.
Speaker 2 (20:55):
How's your weather, Colum.
Speaker 13 (20:58):
Rain today, easing to showers this afternoon, but otherwise fine
south Westeries and fifteen today brilliant.
Speaker 2 (21:02):
Thank you Calum. Somebody who's text and saying I accidentally
said Louis it is Leo. Forgive me just then Leo
the fourteenth, the new Pope cleassue in christ Church with
us clear. Good morning, Good morning. A caution in Canterbury
ahead of this rainfall that's coming yes well.
Speaker 7 (21:17):
Banks Peninsula's state of emergency was extended yesterday. It's been
in place for a week already due to last week's
record rain and the flooding that came with it. Now
much of the country, as we know, is expecting heavy
rain today. The South Island will get the brunt of
that this morning before it starts to move north. Christ
Church City Council Controller halland Brunt says this rain, the
(21:39):
real concern is that this rain may impact a one
hundred meter crack and some slips around Kadola's Lighthouse Road.
She says, there is the potential we'll see even more
slips forming.
Speaker 11 (21:50):
The land there.
Speaker 7 (21:50):
Remains very saturated as is the state of emergency. Situation
is going to be assisted again on Saturday.
Speaker 2 (21:57):
All right, let's hope things stay pretty well. It's dry
as possible.
Speaker 4 (22:00):
Clear.
Speaker 2 (22:00):
Appreciate your time this morning, Max Toll, I'm willing to Max.
Good morning, good morning.
Speaker 4 (22:04):
Yeah.
Speaker 2 (22:04):
Good financial year for Wellington Airport. Glad you held on
to those years.
Speaker 8 (22:09):
Nearly twenty six million dollars in profit.
Speaker 4 (22:11):
Yeah.
Speaker 8 (22:11):
Good for the City Council, despite at the same time
passenger domestic numbers slumping. Total yearly passengers on domestic routes
down one hundred and forty thousand on the year prior.
The big money spinner international visitors, though that's up about
sixty thousand. One notable example, the Brisbane routes, a thirty
seven percent increase in seats to Brisbane, frustrating for many
(22:33):
here in New Zealand, though Airport Chief Executive Matt Clark
says fleet available availability issues to blame for those falling
domestic numbers expected to remain a challenge for the next
year or so. Personally, something I've experienced myself. I'm sure
many people are listening to have had flights canceled at
late notice. My last five flights down to Timroud to
visit my parents, three of which were canceled very late
(22:55):
notice by Air New Zealand. Not whether the fleet, the
planes they're getting old engine issues and New Zealand's coffers
aren't as fillsome. Domestic travelers bearing the brunt.
Speaker 2 (23:04):
Yeah, including yourself. Hey, how's your weather?
Speaker 4 (23:07):
Max?
Speaker 9 (23:08):
What uh?
Speaker 8 (23:09):
Some heavy rain today? Seventeen the high Central brilliant.
Speaker 2 (23:12):
Thank you Nevers and Aukland never good morning, good morning,
very exciting we have a new hope. But very exciting
also that one Aucklander has won a succulent prize for
giving their views on Auckland's annual budget.
Speaker 11 (23:21):
They have a succulent prize. You're quite right. So in
a YouTube video now, this was on his personal channel
Auckland Me and Wayne Brown said lots of people like
to complain, but not many were interested in submitting. So
Wayne Brown he promised the succulent Chinese meal to one
lucky person who gave their feedback. Now the prize it
references a viral video. This was of an Australian man
(23:41):
being arrested outside a Chinese restaurant in nineteen ninety one.
If you're thinking, why was it a succulent meal? So
the winner was randomly selected earlier this week they will
receive their prize shortly and it's a one hundred and
fifty dollarsoutcher. This is for a Cantonese restaurant in Kingsland.
It's quite well known in Kingsland. Well, it's been open
for like two or three decades in Auckland and loads
of media people, you know, it's been quite popular. I thought, oh,
(24:04):
what's that one? Pretty good?
Speaker 2 (24:05):
Yeah, Wayne to have spent a bit of time there,
wouldn't they all? Oh, yeah, how's our weather today?
Speaker 11 (24:10):
Ray rain, rain showers by afternoon twenty one's a high Brigham.
Speaker 2 (24:13):
Thank you, Neva, Happy Friday. Everybody just walking out basically cheering.
She's as excited as they are at Saint Peter's Square
this morning because we've got a new pope, Leo the fourteenth.
You're on news talks here Be, just gone seventeen minutes
away from six. We will get to Vatican, to the
Vatican before six o'clock. We'll also talk about Luxon and
(24:34):
their capital spend, which has got to be a good thing,
doesn't it. News Talks here Be. It is fourteen minutes
away from six. So we've got a new pope. His
name is Leo the Well he's American and he's Leo
the fourteenth, apparently going to bridge the gap between the
Conservatives and the Church and those more progressive members that
have been pushing for change in the continuation of Francis's legacy.
(24:54):
Mark O'Connor is our man in the Vatican. We're going
to get to him in just a second. He's hung
out with this new Pope's mean a bit of time
with him, so we'll talk to him in a sect.
Just gone fourteen to two now. Now, the Prime Minister
yesterday you'll know this, announced an extra almost half billion
bucks in capital spending in the upcoming budget. The net
capital allowance is now four billion. That's up from three
point six billion that they signaled in the budget policy statement. Health, education, defense, transport.
(25:19):
Those will be the focuses for them. That'll be the
focus for them. Oliver Hartwich, New Zealand Initiative Executive Director,
with me this morning.
Speaker 4 (25:24):
Oliver, A good morning, good morning.
Speaker 2 (25:27):
What did you make of this?
Speaker 4 (25:30):
Well, I think it's a relatively minor announcement because okay,
capital spending was up by ten or eleven, but really
we're only talking about less than five million dollars precisely
and then the grand scheme of things that's actually a
drop in the government's ortion.
Speaker 2 (25:47):
You have advocated quite strongly for changing up our assets
and the ownership of our assets. This obviously does nothing
to deal with that. But what do you think we
should get rid of?
Speaker 4 (25:59):
Well, I think i'll be We've got a few stay
owned companies, especially in energy for example, but also the
government owns a huge chunk of air New Zealand. That
is where you could start quite easily if you want
to sell state owned assets. But altogether we have a
huge state portfolio of assets that deserves a bigger discussion.
For example, kind of aura, how much should the government
(26:19):
be invested there? The question is actually what to do
with that, And we think one of the ways to
deal with state owned assets is actually to go into
a process of so called asset recycling where the government
sells some of the assets to have some more room
for a malouver when it comes to investing in new
state owned assets.
Speaker 2 (26:39):
And just finally on the business front, were they're going
to keep the research and development tax incentive, there is
talk that potentially they will look at doing more incentives
for business to invest to buy you know, manufacturing particular
to buy new equipment. Do you think that's a good idea?
Do you think that's worthwhile?
Speaker 4 (26:57):
Well, the way I read the attention of the I
and D text credit is actually that it provides some
certainty for businesses already investing under that scheme. I mean
that was introduced by Labor in twenty nineteen. To be clear,
Luxton didn't change it. He didn't extend the iron D credit.
He basically keeps it where it is. So I think
that's more pragmatic solution.
Speaker 2 (27:16):
All right, Thanks you, Tom Oliver. I appreciate Oliver. Heartwatch
New Zealand Initiative executive director, just gone twelve away from
six Ryan Bridge. So, Mike O'Connor is the Australian Catholic journalist.
With us from the Vatican. We have a new Pope,
Leo the fourteenth. He is American, sixty nine years old,
born in Chicago, French Italian roots, thought to be a
bridge between the progressives and the conservatives. Mark joins us
(27:39):
now from the Vatican.
Speaker 3 (27:40):
Marc, good morning, good morning, yes, or good evening here
almost good evening. Oh it's a great it's a great evening,
an amazing atmosphere and an amazing choice. I couldn't be happier.
I you know, I had an hour with him on
April or fifteens in Ntingham's, Australia, and probably that's not
gonna happen now. But you know, he's a man who
(28:02):
is rooted in being with ordinary people. He worked in
Peru as a priest for fifteen years and then as
a bishop in you know, amongst poor people. He's actually
also not only an American, he's also a Peruvian citizen.
He speaks perfect Spanish, speaks he's a linguist, and he
was also the Superior General of the Augustinian Fathers in
(28:23):
Rome for several years, so he's an international person. And
of course he speaks perfect Ittarian as as you might
have seen it on the balconies a few minutes ago.
So yeah, And the first words he said were peace,
peace in this world of Gaza and conflict and the
conflict that's this in Ukraine. And he's going to be
the peace. And he's taken the name Leah the thirteenth,
(28:47):
So Leah the fourteenth deliberately because Leah the thirteenth was
the great pope of social justice teaching in the church
and of reaching out to marginalized, the first great pope
who really took the side of the working class with
these great instiight, m nevaram. So yeah, I'm excited. I
think it's fantastic. Apart from the fact that, you know,
I had a lovely hour with him. He's a very charming,
(29:07):
quiet he's not, you know, the charismatic figure of Pope Francis.
You're never going to get another Pope Francis. He's quite unique,
but he's just lovely, warm, caring human being who tried,
who was going to try and build bridges, and he's
very much in the spirit of Pope Francis. They've certainly
gone for continuity of continuing the vision and the mission
of Pope Francis. We were a little bit worried, some
(29:27):
of us that you know, there were there were voices saying,
you know, let's go back to the past, that the
new Pope Leah of the fourteenth will take us with
great joy and hope into the future. And he's well
loved and well trusted also in the Roman Curia by
many many people. So yeah, I think it's you know,
I'm I have to say, I'm ecstatic, I think, and
(29:50):
what does it mean beyond my wildest dreams.
Speaker 2 (29:53):
Mark, what does it mean? What does it mean the
fact it took it there's only four rounds quicker than Francis.
Speaker 3 (29:58):
Well, it means, yeah, it means that they that they
came pretty quickly into the decision that he was the
right man. He was elected more quickly than than Cardinal
Ratzinger was elected, you know, Pope Benedict. You know, it
was very, very quick. We were all surprised. I was
in the Vatican Press office when when it happened, and
you know, and then there was this enormous roar at
(30:18):
the crowd, and then when his name came through that
you know that it was that it was Robert Prevost,
et cetera. I mean, like it's just extraordinary. I know
I'm sounding a little bit of a little bit emotional
of the moment, sorry, but like it's it is, you know,
something that those of us who really loved Pope Francis
were a bit worried that somebody might appear who might,
you know, sort of slow things down a bit. But
(30:40):
this guy, he's moderate, he's calm, he's you know, he's
a person of prayer, but he's also a person who's
quite determined, you know, to continue the vision of the
Church reforming itself and reaching out to the world and
to the poor and to the suffering. But you know,
it was sonignant and the very first words that he
said were peaces. He will, you know, in this world
(31:01):
at the moment, with your Gaza and your crame, we
desperately need peacemakers and he you know, you know, he's
going to be an ausentic, credible voice that will get
hope to many people. I think Mark really including a
lot of non Catholics.
Speaker 2 (31:15):
I really appreciate your time, and there's nothing wrong with
been a little bit emotional. In fact, I think Pope
Leo was a little bit emotional standing on the balcony
of the Vatican earlier this morning. Thanks very much for
your time. That's Mark O'Connor, Australian Catholic journalists with us.
You're on News Talks HEB eight minutes away from six
on your Friday morning, and Mike is here with.
Speaker 1 (31:34):
Us next news and Views you trust to start your day.
It's early editioned with Ryan Bridge and One Room, Make
your Property search Simple. News Talk ZIBB.
Speaker 2 (31:45):
Five away from six. News TALKSB we've got a new Pope,
Leo the fourteenth. He's American, spent most of his life
in Peru, and Mike is with you next, he's in
the studio. Mike, good morning.
Speaker 14 (31:55):
It's funny. It's a funny thing, isn't it, Because most
of the world, of course isn't Catholic, so therefore has
limited interest and you know nothing of this person, and
after today you will know nothing really more of him
unless he says something particularly controversial.
Speaker 2 (32:08):
Which he probably will sounds like he won't.
Speaker 14 (32:10):
And in thirty years perhaps he will die.
Speaker 2 (32:14):
We'll do it all again, and we'll do it all again,
but at least you know. I mean, we've had what
twelve years of the last Pope of post Francis before
he passed away, So I mean, this guy's sixty nine,
as you say, should have a good innings. He'll go well.
Speaker 14 (32:26):
But it's a fat I was saying to somebody earlier
on because they were getting excited about that. But it's
the genius of what the Roman Catholic Church did think
about the chimney, right. So if you had got, just
in the modern era, a press release, would you have
jumped up and down in the newsroom and gone, oh.
Speaker 2 (32:42):
Like people that because the genius a smoke. It's the
smoke they used to use straw apparently, and now it's
all chemicals. Yeah, exactly, So if this guy talks about
climate change, I'll be laughing all the way to them.
Speaker 14 (32:53):
You know, Well, there's a certain irony and that is yeah,
but I mean short of this, and that's one of
those stories where there's literally nothing to say once you've
got his name, his age.
Speaker 2 (33:02):
Clearly the Peru scoop. So he's been well, what's left. Well,
we spoke to a guy who spent an hour with
him this we had him on.
Speaker 14 (33:13):
The other guy is a very nice guy, very enthusiastic.
But that's what I'm saying. Guys like him live for this.
The rest of us are going. I mean, you know,
you and I when we get together, I'm coming around
to your place tonight for a drink. We're not going
to talk about this, aren't we.
Speaker 2 (33:27):
Well, we talk about the trade deal between the US
and the UK.
Speaker 14 (33:30):
We'll talk a little bit about that, and we'll talk
a little bit about the rugby because Mike Robinson's on
this morning, and they make more money good, but they
still lose.
Speaker 2 (33:38):
Get rid of some teams and pay the players less easy.
Speaker 14 (33:42):
Okay, have a good see you tonight, see you to.
Speaker 2 (33:44):
Night, mate, have a great one. Everyone's see on Monday.
Speaker 1 (33:49):
For more from Early Edition with Ryan Bridge, listen live
to News Talks it'd be from five am weekdays, or
follow the podcast on iHeartRadio
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!