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May 19, 2025 • 34 mins

On the Early Edition with Ryan Bridge Full Show Podcast Tuesday 20th of May 2025, the Government's announced it will allow foreign businesses to fund a bigger chunk of their investments in New Zealand through tax deductible debt, Infrastructure NZ CEO Nick Leggett shares what this will mean for investment in infrastructure. 

Educators are cracking down on the use of AI in school exams, Dr Kathryn MacCallum Associate Professor of Digital Education Futures at University of Canterbury shares her thoughts. 

Parliament votes on the decision to suspend three Te Pati Maori MPs today, Columnist and Political commentator Liam Hehir tells Ryan Bridge what he thinks will happen from here. 

Plus, Donna Demaio has the latest on a new species of octopus found off the West Australian coast.

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Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
The issues, the interviews and the insight. Ryan Bridge on
early edition with one roof make your Property search simple,
US dogs.

Speaker 2 (00:11):
That'd be good morning, Welcome to your Tuesday. Coming up
on the program. This Trump putin call lasted two hours.
It's now over. We'll bring you when we hear the
latest on what was said, what happened and what it
means for Ukraine. The government's sweeteners on foreign investment. We'll
talk about that before six to party Mardi and the
Shrimozzle rolls on to Parliament this afternoon. This is going

(00:32):
to go on for a while. We'll have reaction to that. Also,
AI cheating by our students. This is in secondary school,
so they're not cheating in exams. They're cheating on the
essays they write at home. So the question is should
they even be writing essays when you've got access to AI.
Donald Demayo out of Australia. Good morning the agenda, and

(01:02):
we will start with a Brixit nine years on from Bricksit.
We've got a new UK EU deal.

Speaker 3 (01:07):
We're turning a page.

Speaker 4 (01:08):
We're opening a new chapter in our unique relationship.

Speaker 2 (01:13):
It's like going from a marriage to now having copy
dates this one. It includes things like fishing, defense and
passport checks. This deal is a win win.

Speaker 5 (01:24):
It delivers what the British public voted for last year.
It gives us unprecedented access to the EU market, the
best of any country outside of the EU or after.

Speaker 2 (01:36):
When you say unprecedented, not quite as unprecedented as it
was when you were in the EU.

Speaker 6 (01:41):
Right.

Speaker 2 (01:41):
Anyway, we move on to the Trump and Posting call.
It's now concluded. Here's what Varnce said. They wanted out
of it beforehand. Talks have been.

Speaker 7 (01:48):
Proceeding for a little while. We realized there's a bit
of an impass here. And I think the President's going
to say to President boot and, look, are you serious?
Are you real about this? Because the proposal from the
United States has always been Look, there are a lot
of economic benefits to thawing relations between Russia and the
rest of the world, but you're not going to get
those benefits you keep on killing a lot of innocent people.

Speaker 2 (02:08):
Joe Biden's prostate cancer. Who's got to let it from
the king. After he announced the diagnosis yesterday on social media,
Biden said cancer touches us all. He's grateful for the support.

Speaker 8 (02:18):
President Donald Trump, reacting on social media saying Milania and
I are saddened to hear about Joe Biden's recent medical diagnosis.
We wish Joe a fast and successful recovery. Former President
Barack Obama also added a statement saying nobody has done
more to find breakthrough treatments for cancer in all its
forms than Joe.

Speaker 2 (02:39):
There you go, It is nine after five News Talk,
CEP News and Views.

Speaker 1 (02:44):
You trust to stud your day's Philly editioned with Ryan
Bridge and one roof. Make your property search simple if
News Talk ZIBB.

Speaker 2 (02:53):
Nine two nine two is the number of ticks we'd
love to hear from you this morning. Now, the Trump
potent call is a big deal. Bigger deal than anything
we've been talking about re Ukraine over the last couple
of weeks. America is the only country really that Putin
still fears, who doesn't care about Europe. You know this
coalition of the Willing that they've been talking about, you know,

(03:14):
your Stamas and your Macrons coming out in Kiev. And
we supposedly supposedly part of this coalition of the Willing
as well, although we don't quite say that we are.
It's all a bit vague anyway. They came out with
a deadline. Remember that if you don't behave Vladimir, you
naughty boy, we will sanction you, and we mean it
will that deadline. Guess what passed a week ago, and

(03:37):
guess what, no sanctions. If you're going to stand up
to a bully and look credible, you're going to follow
through with it. Surely. Anyway, this call will either send
Trump packing. He'll give up and walk away from the
whole thing, and that would probably be the worst outcome
because then Putin just continues with impunity, or it could

(03:58):
piss them off, and that would be the best outcome
for Ukraine, or the best outcome for actually a cease
fire or wanting to end this thing. You know, had
them with new sanction. If he's really riled up and
you know Putin's just being intolerable, then you get new sanctions.
You know, you kick out some diplomats, you cut ties,
even maximum pressure. That's why this call that started two

(04:21):
hours ago has now ended. Is a big deal. Certainly
a bigger deal than a bunch of Europeans signing ultimatums
that they don't keep enough five year on news talks
they'd be Does anyone care about what's going on at
Parliament today. If you're a member of the public, you're
not even allowed to go and watch. That's how worried
they are about security at Parliament today. And by the way,

(04:44):
let's not forget that this if a win for what
we what you might consider we might consider a win
for democracy or a win for the rules, is not
it's a loss. It's a win for taparty Marti on
social media. That's what it is. Anyway, we'll discuss this next.

Speaker 1 (05:02):
The news you Need this morning and the in depth
analysis early edition with Ryan Bridge and one roof Make
your Property Search Simple.

Speaker 2 (05:11):
News Talks said BE five thirteen. News Talk said BE.
We have heard that the phone call between Putin and
the US President Donald Trump has ended. And now we
not haven't heard from the White House, but we've heard
from the Kremlin. This is a statement from Putin. This
is just in the last couple of minutes. It was
a very informative and quite a frank conversation, very useful
in this respect. I thank the US President for his

(05:33):
resuming direct negotiations between Russia and Ukraine on a possible
peace agreement. The US President voiced his position on a
ceased fire. For my part, I noted that Russia too
favors a peaceful settlement of the Ukrainian crisis. We simply
must determine the most effective ways of moving towards peace.
That doesn't sound like they've actually come to any major agreements.

(05:53):
It is fourteen after five Parliament votes on the three
week suspension for Debbie and Rawerdy today and seven days
for my pet Clark. The public gallery will sit empty.
The debate could drag on, with filibustering every MP able
to speak. Liam. Here is a columnist and political commentator
with me this morning. Them, Good morning, good morning. You're right,
this is unprecedented. You know, normally you just get named,

(06:15):
you apologized. It would be the worst suspension since Muldoon
in the eighties. Is it too far?

Speaker 9 (06:22):
Well, look, that's for Parliament to decide, and it's a
really important thing. But can I just point out something
that's going to annoy me a little bit, is yes,
the punishment would be unprecedented, but the offense is pretty
unprecedented too, right, and so sort of the idea that
there's some sort of sort of arbitrary or outrageous thing
about her a never before I heard of. Punishment needs

(06:46):
to be in the context of the fact that it's
never before heard of offense to in breach of parliamentary privilege.
So it's pretty Yes, it's severe, but the circumstances were severe.

Speaker 2 (06:59):
I agree with you, But so for me that the
aggravating factor was the pistol gesture by Debbie. But then
why why was her sentence not longer? And what about
Julianne Jenta.

Speaker 9 (07:12):
Well it certainly well, that certainly was an aggregating aggravating factor,
but really the truly aggravating factor is the complete lack
of remorse and contrition and and that's the difference between
julian and Jester. And also, and let's not forget that
Penny Helladay is also up for a vote today because
he was also complained of to the privilege of committee

(07:33):
and in both cases apologize unreservedly accepted the authority of
the House to regulate its own affairs and conduct its
own discipline of the members. And you know, we're treated
with some leniency as a result, whereas here we have
a continuing, continuing contempt for the ability of Parliament to
even regulate the conduct of its own members. And that

(07:55):
is more than anything as an aggravating factor.

Speaker 2 (07:57):
So that what has to happen today, because this drag
on and on and on. Does National need to cut
a deal with the labor Because from where I'm sitting,
you zeam first act to party Maldi, the Greens, they
all have a political interest in dragging this out, But
the bigger parties are the ones probably who will actually
lose if this starts to look messy and too long.

Speaker 9 (08:19):
You're right about that. So the small parties always have
an incentive for it to be as much of a
stunt as possible because that plays their base. But really
the key person is Jerry Brownlee. So this is an
unusual kind of situation when you're debating matters of privilege.
When the house is you're not subject to the normal

(08:40):
time limits because it's sort of it's a special sort
of circumstance. And so in the theory, you know, speeches
can go on for as long as they want. They're
not subject or time limit, and so you have what
might look in some ways like an American filibuster, where
are speaker can get up and talk forever to protest
what's happening and come up to the whole business of

(09:02):
the House. But Jerry Brownlee is the Speaker of the House,
has the unique ability to regulate how long people speak,
to say that they're repeating themselves, that they're talking about
irrelevant things, and also to close off debate. So actually,
Jerry Brownlee, he holds all the power in the situation.

Speaker 2 (09:21):
Interesting take. Lem really appreciate that. Thanks for coming on
lim here columnist and political commentator with us this morning.
That will take place this afternoon seventeen after five News
talks MB still to come AI. Are your kids doing
exams and are they using AI? There have been a
bit of an uptick in the use, so how should
we test our kids going forward?

Speaker 1 (09:41):
The first word on the News of the Day early
edition with Ryan Bridge and one Room to make your
property surge. Simple News talks.

Speaker 2 (09:50):
Loads of feedback onto party May. I'll get to that
in a second five to twenty hour. This one from
Roder says Ryan Jerry brownly needs a swift kick up
his voluminous ass. Do we need to bring his weight
into this Poor old Jerry, he has a sturdy seat,
that is for sure. Educators cracking down on AI and
school exams. This is the story this morning MZQA figures
show exam breaches are up two hundred and fifty percent

(10:12):
since twenty nineteen. We're talking here actually about external assessments
with AI, so investigating eight hundred and seventy six breaches
last year, about sixty of those down to AI. This
is for your take home work though, So Associate Professor
Doctor Catherine McCallum is with US University of Canterbury this
morning to discuss Good morning.

Speaker 10 (10:31):
Good morning.

Speaker 2 (10:32):
So is it easy to spot because I've talked to
teachers about this, easy to spot a student who doesn't
normally do well using AI because it stands out like
a sore thumb. But the problem is actually when you've
got a student who performs well and uses it, they fly.

Speaker 10 (10:45):
You don't know, Oh yeah, exactly. I mean that's the
problem with AI. I mean you can't detect AI writing
reliably and so any sort of solution that's been given
to us, a technological solution is not useful because it cannot.

Speaker 11 (11:02):
Pick up AI writing.

Speaker 10 (11:03):
So yeah, so trying to identify students that do well
with the technology is you're really going down a road
that it's not useful. You're wasting your time.

Speaker 2 (11:16):
So exams in person exams that are monitored by people.
That's fine, But should we actually be getting kids to
write essays if they can use AI and we won't know?

Speaker 10 (11:27):
Well, I think what we need to do is start
thinking about and changing the dialogue a little bit around
AI use. We tend to just assume that AI writing
is cheating, and you know, the minute that I is
part of the process is a cheating is issue And
that's not true. So you can still have assessments writing

(11:49):
and essay writing with AI and it still can be
an assessment of the students learning and their understanding. It's
just we need to change how we assess. We need
to change how we are looking at at the use
of the technology in that space. And so I think
that's the key thing is that you know, just because
we have AI doesn't mean that it's integrity. Is sure,

(12:10):
it's not cheating, but we need to start thinking about
how we stroke that balance where students can use the
technology to scaffold their learning and scaffold them into the
writing process, but.

Speaker 2 (12:23):
How do you make sure that they actually understand, you know,
what's on the paper?

Speaker 10 (12:29):
Well, I mean, this is the whole point of assessment
for learning is that your a cess for their understanding
and you're building the learning. So it's the problem when
we start thinking about assessment there's this discrete thing that
is summative and that it will identify their work. So
if you are looking at it as a process where
students are engaging with the technology or without the technology

(12:52):
and with you, and as you build up to the
writing and demonstrate their learning, and you do it in
multiple way, so it's not just that written assessment work
that maybe it's conversation afterwards, maybe they translated into something else.
That's when the learning happens. And so that's the point
around the assessment for learning is that it's a process.

(13:16):
It's not just the one hit wonder.

Speaker 2 (13:18):
Okay, all right, so maybe you get yeah they do
the essay, sure, fine, but then they have to do
a speech afterwards or a presentation and actually prove that
they understand what the hell's are that they're Writtian or
potentially ais Wrissian. I appreciate your time this morning, Associate Professor,
Doctor Catherine McCullum, University of Canterbury. It is twenty four
minutes after five. Would you use AI If you were
at school, you'd be tempted. People used to when I

(13:41):
was at school, right on their knees, you know. He
had to memorize very difficult calculations and stuff and maths.
They would write on their knees or the pen the formulas,
you know, or in the inside their calculator. Now I
never did that. Never. Twenty four or after five, we'll
talk about to Party Marty. Lots of your feedback on

(14:02):
that and what's going to happen today at Parliament.

Speaker 1 (14:04):
Next the early edition full the Show podcast on iHeartRadio,
how It by NEWSTALKSB.

Speaker 2 (14:11):
News TALKSB It is twenty six minutes after five. Government
debt is the worst it's been since the nineteen nineties.
But today, two days out from a budget designed to
fix it, our parliamentarians will be debating a hakka. The public,
I don't think largely cares about this stuff. Pocketbook book
politics always trumps theatrics, except if you're to Party Mardi.

(14:33):
No matter how today's debate over the Privileges Committee report goes,
and it could go on for a long time, to
Party Marti wins a loss for them. In our Westminster system,
what we might think of as a sanction or a
punishment is to them a badge of honor. Already, they're
well followed. Social media accounts are beating the drum of discontent.
There are some who say that twenty one days is

(14:55):
too harsh. People are comparing the hackets and Debbie's gun
thing to Brooks ced for example, They miss an important point.
Both the sea bomb and the hakka were pre planned,
choreographed stunts. The difference between the two is Brooke asked
the clerk in advance of her stunt if she was
allowed to use the word. The answer is yes to party.

(15:16):
Mardi did not. Brooks stunt did not disrupt a vote
being taken in the House. The Mardi parties did. Voting
is the essence of democracy, where the elected expressed the
views of the electors us. It's Parliament's holy communion, and
nobody has yet said sorry. That does not mean the punishment,

(15:37):
which a slim majority of government members voted for, is
not overly harsh. The clerk reckons its brownly, clearly reckons
it is. The opposition reckons it is. Does the punishment
really fit the crime? That's the question? Or have standards
slipped so badly? The House is such a hot mess
that a precedent and a message needs to be sent

(16:00):
to our parliamentarians. As I said, I think on the
whole the public largely doesn't really care about this stuff.
The question today is how long will national let this
debate drag on with amendments and filibustering before a compromise
is reached. Winston and Seymour, they're your hardliners of course,
to Party Maori, your Greens, the your opposing hard liners

(16:24):
of course. But for the bigger parties the risk is
if you play politics over policy for too long, you
look childish. The only winners from today's sideshow will be
the minnows and of course, well the losers, I should
say with the minnos will be the winners. The losers
really will be the bigger parties and the rest of us.

(16:46):
Bryan Bridge, Ryanum absolutely sick of parliament. It's a disgrace.
They need to get on and do what we voted
them in for, which is running the country. This is MMP,
isn't it. This is MMP. That is what you might
I voted for. It's not what departy Marty's voters are
voting for. It's not what some Winning's supporters are voting for.
Indeed some of acts News Talks, said b will get

(17:09):
to our Australia correspondent and reporters next.

Speaker 1 (17:25):
Get ahead of the headlines on early edition with Ryan
Bridge and one roof make your Property search Simple news Talk,
said Bunting America.

Speaker 2 (17:40):
Good morning, it is twenty four away from the Sex year.
On news Talksai'd be busy old morning this morning. Putin
and Trump have had a call the White House. Haven't
heard from them yet, but the Kremlin has said they
are quote ready to work towards a memorandum for peace. Well,
it sounds to me a lot more like stalling for time,
which is what they've been doing. And I sent that
crew to Istanbul, Will Putin go, won't he go? And

(18:02):
then no, he doesn't go, and they send an insulting
low level diplomat in his place. So no real firm
word out of what came, if anything firm came out
of this call. Trump was then going to call Zelensky.
So we'll keep you updated and Mike will later on
about any updates from them. Twenty three minutes away from
six now. The markets rattled overnight. This is the US

(18:22):
debt downgrade from Moody's was that the last of them
to strip its triple A rating, So you got rising
interest costs, you got your big deficit, only going to
get bigger, of course, with the Big Beautiful Bill, which
allowed anywhere from three point three trillion to five point
two trillion dollars in debt. That Big Beautiful Bill to.

Speaker 9 (18:43):
Be updated on the progress of the one Big Beautiful Bill.

Speaker 2 (18:48):
We love that bill so beautiful.

Speaker 3 (18:50):
I won't like it if it doesn't pass, neither will you.

Speaker 2 (18:53):
So good basically, borrow span, borrow spand hope some tariff
revenues offset that spendinguts. By the way, although doge you
know they made big promises, didn't they about trillions being cut?
They only got to hundreds of billions. It's like our government,
I mean, our government has the same problem with hacking spending.
Governments around the world actually have a real problem cutting

(19:16):
the spending that we took on the commitments we made
during COVID. It's like trying to lose weight. You know,
once you get to a certain size your this is
just science. Your metabolism changes. It is harder to shift
the kegs. It's true, and the Western world is both
now physically and financially firmly in the overweight category. Anyway,

(19:39):
Treasury yields are up. The thirty year hit five percent down.
The S ANDP opened down this morning on the news
that came through on Friday. It's twenty two away from
six reporters around the country Callumen to Needen for us
cullum as students there being given a bit of a
reminder about run down flats.

Speaker 12 (19:58):
Yeah, look at nb's tendency, compliance and Investigations team are
on the prowl here and deeda. They're inspecting some of
our most notorious student flats and they're taking aim at
the landlords who especially offer up damp rentals to young students.
So they're waiting to ensure that they're well maintained, compliance
and clean. NBC's they want to make clear the consequences

(20:19):
of non compliance because young students are unaware of their rights.
The Students Association here says the quality of housing is
unacceptable for what students pay, and they say many flats
are not compliant simply because of their responsible landlords.

Speaker 2 (20:33):
All right, how's your where they come?

Speaker 12 (20:36):
Morning Shells then find a strong sol easterly gusting eighty
k's this morning.

Speaker 2 (20:40):
That is as though the heighth today fourteen. Thank you
Clais and christ to clear. Good morning, good morning, our
job for anyone with a fish tank well, yes.

Speaker 13 (20:49):
A job indeed, Ryan. The Canterbury community is being urged
to be on the lookout for an aquatic weed called hornward.
It is said to be New Zealand's most submerged weed.
This is often purchased to be used as a plant
for fish tanks and aquariums, and environment Canterbury Regional Council
has received reports of it being sold and bought online
around Canterbury. Hornwalt has a detrimental impact on native ecosystems

(21:13):
that can displace native vegetation and then increase the flooding risks,
so it's pretty worrying. Environment Canterbury is offering to remove
the weed from anyone who does find they have it
in order to prevent it from entering the natural environment.

Speaker 2 (21:27):
Do we know what it looks like like?

Speaker 13 (21:29):
A fish tank weed? Is pretty much how you describe it.
It's very standard looking. So all the informations on the
ECAN website.

Speaker 2 (21:36):
All right, thank you, how'shuld were the clear frosty.

Speaker 13 (21:38):
To start should clear to a bit cloudy southwesterlies and
fifteen degrees right.

Speaker 2 (21:43):
Stay warm this morning, Max and willing to Max. Good morning,
Good morning. You've got scammers targeting restaurants and cafes.

Speaker 14 (21:49):
Yeah, front page of the post today is a bit
of a depressing one. A good range of hospitality owners,
a bar owner, a courtney place, a hipster cafe owner
on Cuba Street, mid Night Espresso Beach, Babylon by Oriental Beach.
They're all seeing an uptick in scam attempts right now.
There's someone, some group calling these places up complaining of
severe food poisoning, having eaten their frantic Maybe their partner

(22:13):
was rushed to hospital, huge medical bills. Perhaps she's pregnant,
went into anaphylectic shock after a bad onion or a
bad piece of meat. Shifting accents on the phone, a
thespian in person. It's all very elaborate, and it's fraudulent,
and it seems it's happening quite frequently around the Capitol
at the moment. More traditional scam attempts are also happening

(22:34):
with greater frequency. You double charged me, you overcharged me.
A wide range of different places seeing this kind of
crap right now.

Speaker 2 (22:42):
Who do they think it as like one person who's
doing this or is this an orchestrated a tech from
North Korea?

Speaker 14 (22:49):
That's right, Russia. Well, in terms of the sort of
food poisoning scam, the Russians, what was the accent, Yeah,
it's probably an easier accent to do less offensive as well. Yeah,
in terms of the food poisoning stuff, that seems like
it could be the same group because it's very specific.

(23:10):
But you know, the sort of overcharging stuff has been
going on for decades, isn't it.

Speaker 2 (23:15):
Yeah? All right, Max, how's your weather?

Speaker 14 (23:18):
Mostly fine? Northerly's getting up to a higher fifteenth central?

Speaker 2 (23:20):
Nice one, thank you need a good morning to good morning.
Now we've got the Golden Triangle.

Speaker 6 (23:25):
Correct, trust you? Yes, yes, family show as a family
show today the Golden Triangle in this years budget. So
now this region, the Golden Triangle includes Auckland, Hamilton and
Todunger creating more than fifty percent of GDP has more

(23:46):
than half of the population that I did not know,
but it makes sense.

Speaker 2 (23:49):
All into the Golden Triangle. A lot to fit in
a small place.

Speaker 6 (23:54):
But oh, the barbser keep coming total me at Mahi Drysdale.
He wants investment and key infrastrution actually like health services,
roads and schools.

Speaker 1 (24:02):
We know that.

Speaker 6 (24:03):
Aukland me and Wayne Brown has said, look, I am
seeking a bednight levy to fund these major events. He
wants easier transit for Chinese nationals and the ability you know,
we know this to take control of Auckland Transport. Hamilton's
mere port of Southgate. She's not commenting, She said, nope,
I'm going to wait till the budgets released.

Speaker 2 (24:19):
Huh, you have it, here we go. How's the weather today?
Any showers?

Speaker 6 (24:24):
Oh my, I sweet, you had had too much sleep
last night because you've come on in the fizzing on
all cylinders, haven't you.

Speaker 2 (24:31):
I had a good sleep on Monday, Monday night, Tuesday, Tuesday,
sleep on Sunday nights.

Speaker 3 (24:38):
Sunday night.

Speaker 1 (24:38):
Right.

Speaker 2 (24:39):
Good today here you do?

Speaker 3 (24:40):
Oh my god, to like comedian.

Speaker 2 (24:42):
You're a comedian.

Speaker 6 (24:42):
You're funnier than met today.

Speaker 2 (24:44):
Fine.

Speaker 6 (24:44):
Apart from evening cloud just the odd shower though in
the west, sixteen's the high.

Speaker 2 (24:49):
Have a great day. Even Ryan Bridge, seventeen away from
Sex you're on news talk, said but we're going to
get to Donal tomorrow. Out of Australia. Next bit of
a scandal about the tanks they're sending to Ukraine. News
Talk said B. News Talk c THEREB. It is fourteen
minutes away from six. If you're just joining us and
catching up with the news. This morning, there's been a
phone called Trump's been on the blower to Putin. Putin
has come out and said basically where we will look

(25:12):
to do something. Trump's just posted to his truth social
He says the call went very well. He said Russia
and Ukraine will immediately start negotiations toward a seasfire and
more importantly bring an end to the war. We've heard
that before, haven't we. It's fourteen to.

Speaker 1 (25:28):
Six International correspondence with ends in Eye Insurance Peace of
mind for New Zealand business.

Speaker 2 (25:35):
Donad Tomato's with us this morning. Our Australia correspondent on
a good morning to you. Good morning now, speaking of Ukraine,
there's questions over some old tanks being sent there.

Speaker 4 (25:45):
Yes, well, these tanks are on the way. We've just
had confirmation that the first of these forty nine Abrams
tanks have been put on a cargo ship and are
on their way to Ukraine. There's a hired tanks. Of course,
now the ABC has confirmed that they're on the cargo ship,
but there's these whispers that keep surfacing that American officials

(26:09):
don't think that the arrangement is quite a good idea
because they're saying they might not be that useful on
the battlefield. Apparently these tanks. The weakest point on these
tanks is the roof. And we know that this is
called a drone war. What's happening over in Ukraine so

(26:30):
interesting perspective from the Americans. The fact is that they
Australia had to get permission from the US before they
were allowed to even export these tanks to a third country.
So just sort of interesting little rumblings there. But we
do know that Ukraine President of Vladimir Zelensky has actually

(26:52):
thanked the Prime Minister and that was just recently because
they met up in Rome. As we know, there's been
a lot happening in Rome.

Speaker 2 (26:59):
Lately, has very quickly. What's different about this new octopus
species found off west coast of Australia.

Speaker 4 (27:06):
Oh, it's just fascinating. So this tiny little it goes
to four centimeters. It's called the canarve and flapjack. It's
just been named and it was found off the West
Australian coast by the CSIRO. It's a shape shifter. It's
got huge eyes so it can see on the seabed,

(27:27):
you know, so we can find its food. It's got
blood red tentacles and it's super super, super duper rare.
So I just thought it was fascinating that they found
this very unique octopus in Australia.

Speaker 2 (27:43):
Yeah, very cool. I'll tell you all about it. Very small,
by the sounds of it, very cool.

Speaker 4 (27:47):
Tiny, only grows to four.

Speaker 2 (27:48):
Cinemets and a big eye. It must be all I
basically musters. Hey, Donald, think thank you for that. Really
appreciate your time. Donald, Australia correspondent, just kind of living
away from.

Speaker 1 (27:59):
Sex Brian Bread.

Speaker 2 (28:01):
How the government says it's going to help infrastructure investment
in New Zealand seventy five million dollars over the next
four years to encourage foreign investment in New Zealand Infrastructure.
Also wants to make it easier for startups to attract
and retain high quality staff. Infrastructure ends ed ce you
nickle get with me this morning. Nick, Good morning, low Ryan.
Now how is this going to work?

Speaker 11 (28:23):
Well, this is another sort of tweak in the infrastructure system.
The government has been moving sort of step by step
to make improvements, and you know, in itself it's on
a massive tweet. But essentially, what they're going to do
is allow foreign known companies to fund a higher proportion

(28:43):
of their investment in New Zealand subsidiaries through debt. At
the moment, they can't do that, and what that means
is that it's going to reduce the government's ability to
collect tax on that investment. And so that's what this
sixty five million and is actually really just income tax
revenue that the government thinks they're going to forego as

(29:05):
a result of this change. What it does is that
sends the signal that New Zealand is a better place
to invest in infrastructure, that there are hum incentives at play,
and that's really important because we are at the bottom
of the world. We don't while we've got there's great
confidence in our government and our and our democracy, in

(29:26):
our systems, they do have to be incentives to get
people to want to put money into New Zealand, which
in turn grows our economy.

Speaker 2 (29:34):
As you said, this is sixty five million dollars over
four years it's not going to change the world overnight
very quickly. Is there a what would be a big
ticket item you'd be looking for in the budget?

Speaker 11 (29:45):
Well, it's really you know, there might be some projects
that the government want to move faster on. So perhaps
projects that they are they've investigated and that they want
to drive faster. There might be some more money potentially
perhaps for the Auckland Second Harbor crossing. It could be
things like that, or new road, school or hospital projects.

(30:05):
But I would say this, you know the Prime Minister
heads Investments some of a couple of months ago. That's
sending the signal to the world that New Zealand is
wanting to partner where it comes to building infrastructure. That's
really important because we know we've got this massive infrastructure
gain and if people want you know, and we do
want stronger economy to be more productive, to be able
to pay for those schools and hospitals and in a

(30:28):
stronger standard of living over time, infrastructure is vital for that.
And so I think this is a good move from
the government and it's one of a number of small moves,
but they all equal hopefully greater strength in our infrastructure market.
And the fact that we're going to be building more
pretty soon.

Speaker 2 (30:45):
Yeah. Moving into by Nick, appreciate your time. That's infrastructure
and MCR Nick Leggett. Yeah. About as significant as that
al to put stay found in Australia. But you know,
and when you add them all together, hopefully you get
yourself somewhere. It is eight minutes away from six News
Talk SB on.

Speaker 1 (31:02):
Your radio and online on iHeartRadio early edition with Ryan
Bridge and One Roof to make your property search simple.
News Talks B.

Speaker 2 (31:12):
It's the sixth on News Talks B. The services sector
going backwards again, battling for momentum. The services sector makes
up two thirds of our GDP, so it's quite important.
Business endzs PSI for April was forty eight point five.
That's down point four. Anything below fifty is going backwards
and we are below the average, which is fifty three,
and we're trending. We were trending coming up towards fifty.

(31:35):
But it seems to install all of our trading partners,
with the exception of the UK, we're now an outlier two,
all of them above fifty, the US fifty point eight,
the eurzone fifty point one. You get the message. All
of us talk about the economic recovery. Basically, they're saying,
this is the reality check. It is still tough out there,
and it increases the risk that we don't hit our
growth forecast of two percent this year. It's five two

(31:57):
six Bryan Bridge this morning, Hi, Mike.

Speaker 3 (32:01):
Big announcement this morning, Ryan seven thirty.

Speaker 2 (32:04):
What's happening?

Speaker 3 (32:05):
More money on rail? So Winston, Yeah, probably because he's
pro rail. So you got six hundred million, aren't you
desperate to know where this money is coming from? You
think about all the announcements that have been made in
the last couple of weeks, hundreds and hundreds of I
mean we're into billions now.

Speaker 2 (32:21):
Yeah.

Speaker 3 (32:21):
So and I heard you talk about the taxing. Yes,
say that's pocket change, that's you know, sixty seventy eighty
million dollars. That's nothing, that's a that's token. So you're
into billions of dollars. Where's the where are the billions?
Where are they reprioritization? Well that's fine, So what are
you reprioritizing. Who's losing out somebody.

Speaker 2 (32:36):
Somewhere loan money you got. I mean there's a whole
bunch of stuff that they'll cut, Like what well, we
don't know.

Speaker 3 (32:42):
That's the point. Aren't you desperately Aren't you desperate.

Speaker 2 (32:46):
Or I'm semi fizzed, or are you worried.

Speaker 3 (32:49):
They're going to borrow more money? And if they borrow,
if they borrow more money, you don't think they're going
to borrow more money. I think I think they got.

Speaker 2 (32:55):
More money by virtue of the fact that we're spending
more money.

Speaker 3 (32:57):
No, that's true. So in other words, I'm saying more
top of that time, I do. You don't think they will.
I don't think they can, but I think they might.

Speaker 2 (33:03):
Politically they can't. I mean, how stupid would they look?

Speaker 3 (33:06):
Pretty stupid? But I said to the Prime Minister yesterday
who was where I am right now, And I said,
I you better not be borrowing more money. And you
know he's one of he's one of those people who
doesn't hide stuff well visually and you can tell when
he's got the sort of look of alarm about him,
going oh shouldn't I.

Speaker 2 (33:25):
Oh what maybe I have? So I would know you
you think, and that from a glint in his eye
you think they're gonna want it wasn't a.

Speaker 3 (33:31):
Glint it was, But no, my my feet as they are,
and that's because it's somewhere someone's paying for all of us.
And I just says, just this morning, six hundred million dollars.
Where's it coming.

Speaker 2 (33:43):
No, we can't be borrowing more, and we're borrowing more
than I'm getting on the plane to Australia.

Speaker 3 (33:47):
Are you promise there?

Speaker 2 (33:50):
Have a great day, everyone, Mike's Next.

Speaker 1 (33:55):
For more from Early Edition with Ryan Bridge. Listen live
to news Talks it'd be from five weekdays, or follow
the podcast on iHeartRadio.
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