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July 2, 2025 • 34 mins

On the Early Edition with Ryan Bridge Full Show Podcast Thursday 3rd of July 2025, the government's ready to start negotiating with councils on regional city deals, Central Otago Mayor Tamah Alley shares her thoughts. 

Minister for children Karen Chhour yesterday announced more money for Oranga Tamariki staff's professionalism training, Child Matters CEO Jane Searle tells Ryan Bridge how big of a difference it will make. 

The Government's voted against setting up an independent costings agency former finance minister and Taxpayer's union chair Ruth Richardson tells Ryan what the outcome means. 

Plus US Correspondent Mitch McCann has the latest on the Sean 'Diddy' Combs sex trafficking trial from outside the court room. 

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Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
The issues, the interviews and the inside. Ryan Bridge on
an early edition with ex pole insulation, keeping KEII Holmes
warm and try this winter news talk said, be good morning.

Speaker 2 (00:12):
It is six after five. Welcome to your Thursday morning.
Coming up on the show before six, Ruth Richardson on
fiscal cliffs and black holes at the election. This is
Nichola Willis's idea for starting up a costing agency. Independent
costing agency Winston Seymour have shut it down. What to say?
Says Ruth Richardson, will last before six. Also this morning

(00:34):
we'll look at the Otago Central Mayor on the city
deals apparently they're coming. What exactly will they include and
how much will they cost the rest of us. Mitch
mccan is outside the courthouse in New York City for Diddy.
Not guilty on all the major charges. But will he
walk free today? That is the question. It is seven
after five. The agenda Tuesday to third of July. First

(00:57):
we'll take a look at those chartsudges and exactly what
he was found guilty of. Found guilty, Sorry, he's been
found not guilty of racketeering, not guilty of sex trafficking
his ex partner Cassie Ventura and another woman referred to
as Jane. However, he's been found guilty of transportation to
engage in prostitution related to both women. He's yet to

(01:18):
be sentenced. The charge does carry a max penalty of
ten years.

Speaker 1 (01:23):
He's up to ten years on each.

Speaker 2 (01:25):
I'm not sure what the sentencing guidelines are given the various.

Speaker 3 (01:28):
Different things, but I'll leave it up to the government.

Speaker 4 (01:30):
And the defense to argue.

Speaker 5 (01:31):
But I feel confidence saying he's still based his substantial incarceration.

Speaker 2 (01:38):
Trump says Israel's agreed to a sixty day seas fir
in Garz that he says hmass should take the deal
because it'll only get worse.

Speaker 3 (01:44):
So far, it's the United States that agreed to the
proposed deal, but Israel has not announced yet that it
has agreed on it. The most important point here are
two things. First of all, that the tempora fired for six.

Speaker 2 (02:00):
Is will lead to an end of the wall.

Speaker 3 (02:03):
And the second is that there would be sufficient to
go on Kei, especially from the United States, will not
this is fair agreement, as they have done in the previous.

Speaker 2 (02:13):
Back to the US, Trump's Big Beautiful Bill returning to
the House obviously made it through the Senate by a
narrow margin. This is before the fourth of July deadline.
The President set Speaker of the House, Mike Johnson's staying upbeat.
Got to play the cards that are dealt to me,
and we're working through that, talking to all members and
all offices and everybody else.

Speaker 6 (02:31):
So but we remain optimistic we're going to land this planet.

Speaker 3 (02:34):
So stay tune.

Speaker 2 (02:36):
That's your agenda.

Speaker 1 (02:38):
But thusday morning, the issues, the interviews and the insight.
Ryan Bridge on early edition with ex Pole insulation, Keeping
Keei Holmes warm and try this winter news talks.

Speaker 2 (02:49):
They'd be great to have your company this morning. Now.
Nine nine two is the number to text. Just an
interesting little tidbit on America on the Republicans and why
they having such trouble getting the bill, not just through
the Senate, through the Republicans there with the support of
Republicans there, but through the House as well. If you

(03:10):
look at who is supporting the Republican Party, it's quite
incredible what's happened, and it's happened in a relatively short
space of time. Fifteen years ago in two thousand and nine,
Republicans represented twenty six of the one hundred lowest income
house districts. This is according to Census start right, twenty
six out of one hundred of the lowest income house districts.

(03:34):
By twenty twenty three, they represented fifty six more than half.
At the same time, Democrats came to dominate the wealthiest
house districts, representing sixty nine of the one hundred wealthiest
in terms of income. So that's basically what's happened is
that the Republicans have gone working class or returned to

(03:55):
working class, and hence that when you're trying to talk
about cutting taxes, great, but when you're also looking at
cutting Medicaid budgets and millions billions of dollars in hospital funding,
when your supporters are lower income supporters, that is not
a good thing. Ten minutes after five, now Rachel reeves,

(04:17):
this is the British Chancellor. She's been crying in the
House of Commons. This is during PMQ's Prime Minister's questions.
She was the Tories were getting stuck in saying that
she's useless and they're going to get rid of her.
She's toast. Anyway, Keir Star is standing up talking and
she's you look at the cameras on her behind him.

(04:38):
She's crying. I mean she's really weeping. She's really upset.
Now she has said in defense, no, I'm not going
to be fire this. You know, I'm not crying because
of what you're saying. I'm crying because of a personal matter.
And you think, oh, what personal matter could you be
crying about in the house and she is refusing to

(04:59):
say so the Tories, I just think this is a
bit much. But the Tories are going well. You know,
when the Prime minister's brother died at Christmas, everybody knew
about that. When our leader's dad died a couple of
years ago, everybody knew about that. So you need to
tell us what your personal issues are. I don't know
how I feel about that. If she says it's a
personal issue, you just got a It's a personal issue,

(05:20):
isn't it. Even after five news, talk said b coming
up next, we will get too much mc can by
the way, after news at five point thirty, he'll have
the latest on the didity trial and what's happening. He's
apparently going to be let out today, but we just
don't know that yet. No one's seen him walk out
of the courthouse been in custody since September. That's a
he had just gone twelve after five, the news you need.

Speaker 1 (05:43):
This morning and the in depth analysis earlier this year
with Bryan Bridge and ex fol installation keeping Kiwi homes
warm and dry this winter.

Speaker 2 (05:52):
News Talk said, be everybody's desperate fourteen after five, desperate
for information on the health of the US economy and
sort of staring down every knock and cranny and alleyway
trying to find that information. Today there was an unexpected
drop and not a massive one, but it was an
unexpected drop and private sector job hiring last month, and

(06:12):
the state's data came out overnight. This comes ahead of
proper payroll data, the big release, which will be happening
later today tonight our time, so we'll have that tomorrow.
But that will give us an idea of how many
people firms are hiring to replace the ones that have left.
And if the private job data from the past month
first time, it's gone backwards in a couple of years,

(06:33):
by the way, if that is anything to go by,
then tonight could be more bad news. It's caulled a
past five two on Newstalk said, be remember these city
regional deals. The government kept banging on about, well we've
got a bit of movement here. Three regions Auckland, or
Otigo and Western Bay have plenty, all agreeing on a
memorandum of understanding ahead of actual negotiation for the deals.

(06:58):
Central Otago mea. Tom Allie is with me this morning
time a good morning.

Speaker 7 (07:02):
Good morning Ryan, Good to have you on the show.

Speaker 2 (07:05):
What if you actually agreed to agree.

Speaker 8 (07:07):
On that's a good question.

Speaker 7 (07:10):
We have kind of agreed to meet at the starting line.
So we have been invited to the process to begin negotiations,
which I guess is the first step, hopefully a promising one.

Speaker 2 (07:21):
Right, So is this a bit of an announcement about
an announcement? They've announced that you guys are going to
sit down and talk.

Speaker 7 (07:29):
Yeah, it is, and you know we love that in
local and central government. So it's a neat place to
be in. It is the beginning of a process. But
we have been working on this since late last year,
so it's something that has been in train for quite
a few months now.

Speaker 2 (07:43):
If this works, it's a ten year deal. Paint us
a picture. What new things will your area have? Roads, gondolas?
What are we talking?

Speaker 7 (07:55):
I guess it could be anything and everything.

Speaker 8 (07:57):
We've put together.

Speaker 7 (07:58):
A list of sort of prime priority areas for ourselves
and Queenstown Lakes District Council, supported by our regional Council,
and then it'll be up to us to negotiate with
the government and here kind of where they see their
priorities aligning with ours, recognizing that they've been very clear
that there is no new money coming, so it'll be,

(08:19):
I guess a process whereby we figure out how we
might pay for any new projects that come out of that.

Speaker 2 (08:25):
If you could have one project, Tom, and what would
it be.

Speaker 7 (08:30):
Hey, we are really short on water storage in our
area to manage resilience for both our towns and our farmers,
so I would love to see something like that in
the mix. But it is a negotiation process and we're
just one of the parties there, so we'll see where.

Speaker 8 (08:45):
We get to with that one.

Speaker 2 (08:46):
Will rape payers end up after this process paying more?
The government says there's no cash to throw around, but
you will. There'll be visitor charges, potentially, congestion charging, special
rate for certain areas, development charges. This is all sounding
quite expensive.

Speaker 7 (09:06):
Well, and all of those sounding like they are things
that rate payers shouldn't have to pay for so that's
one of the things that we are looking to do.
We know we have hit peak rates for our people
and we are looking at tools that aren't going to
be their back pockets. The idea of investment coming from
outside of the region and making us a bit of
a shop front for potential investment opportunities for not just

(09:29):
New Zealanders but also overseas will definitely be something that
we're looking at.

Speaker 2 (09:33):
Yeah, but I'm what I'm saying is at some point
someone's going to have to pay for this, aren't they,
And it's going to be whether directly through rates or
through tolls or whatever it might be. It'll be your
people that pay it, isn't it.

Speaker 8 (09:45):
Well, it will.

Speaker 7 (09:46):
But a big part of it is also around housing,
and we know that more and more people want to
move to this part of the country. The more people
that you have, the more it's spread out. But we
also know people enjoy living here for particular reasons, and
we want to protect why people move share in the
first place, the landscape they enjoy, the ease of life
they enjoy.

Speaker 2 (10:04):
Appreciate your time this morning, Talma, Good luck with your negotiations.
Thomas Ellis's Central Otago MEA. News Talk SAIDB just gone
eighteen minutes after five. Coming up next ordering tommode getting
some more cash for training staff. What exactly do they
need help with? We'll find out. Plus Ruth Richardson on
the show before six this morning taxpayer union chair. So
she's not happy with Ironically with David Seymour, who you

(10:27):
would have thought they would be right behind. Quite philosophically aligned,
but not so on the issue of fiscal cliffs and
black holes during election spending season promised season just gone
nineteen after five. News Talk set B.

Speaker 1 (10:45):
The first word on the News of the Day early
edition with Ryan Bridge and ex fol Insulation keeping Kiwi
Holmes warm and dry this winter, News Talk sed B a.

Speaker 2 (10:55):
Lot of feedback to Mia we had on Central Otago
mayor Thomas Ali just a few minutes ago of Ryan.
There are lakes everywhere down there. Why do they need
more water storage? I'm sure they figured that out, Simon
Ryan Tama Ellie is an unelected mere forty percent rate
increases over two years. Absolutely no clue so far, and
ratepayers should expect out of these city deals nothing but

(11:19):
more increases. Twenty one minutes after five now. Minister for
Children Karen Shaw yesterday announced more money for ordering a
Tamadiki staff professional training forty one million dollars for the
residential workforce, who said the funds will go towards uplifting
the number of staff with quote professional qualifications. Jane sil
Is Child Matter CEO with me this morning. Hi Jane,

(11:42):
good morning, Ryan, Thanks for being with me. So what
exactly do the staff need training for.

Speaker 8 (11:49):
Well, we've known there's been this has been an issue
for years. In years, it's been identifying reports.

Speaker 6 (11:54):
The kids who are.

Speaker 8 (11:55):
Dealing with are really high needs and complex, and we've
known that the staff didn't have the training to know
how to their needs deal with the escalate situations. So
I'm happy to see the investment in the space.

Speaker 2 (12:06):
Okay, what exactly you know? Have we got examples of
things that are going wrong?

Speaker 8 (12:11):
Well, we've known for a long time that the stuff
went suited. They didn't know how to deal with the
trauma these kids go through. They didn't know how to
de escalate situations as a good one. You know, there
takes a lot of one on one care and a
lot of expertise to actually make a difference when you're
dealing with some of our most high risk kids and
we were having staff that didn't have that expertise and
there was high turnover and there just wasn't any consistency

(12:34):
of training.

Speaker 2 (12:35):
Right, Okay, so who's going to do all this training?

Speaker 6 (12:37):
Is?

Speaker 2 (12:37):
Are there people they're ready to go and do it
once the money is free?

Speaker 8 (12:42):
Well, I don't know that we've had the details release
of exactly who it's going to be, but my understanding
is is they want to get experts in certain areas
to do that. How they implement this is going to
be the key. So the amount I'm I'm happy to
see good investment, in fact, i'd like to see that
across training right across so Old Mediki. But how they
actually do that and how they make that a difference,

(13:04):
that's going to be the key, isn't it.

Speaker 2 (13:06):
Well, it will be how much time they have for
each case is also pretty crucial, isn't it, Because I mean,
if you're going in and trying to do a quick
job on a very broken child, I imagine that's not
a sustainable way to go about business, not at all.

Speaker 8 (13:22):
It won't make any difference. It's years and years of
work that it takes to actually fully support these kids
to be able to make the changes that we need.
So we've got five residents of New Zealand and by
my calculations, about one hundred and seventy one spaces that
can be filled. So they're all feel that's a significant
amount of young people that we need to support long term.
So it's a big undertaking.

Speaker 2 (13:43):
Yeah, certainly, is Jane appreciate your eye cross that this
morning for us. Jane's cell Child Matter's CEO here on
news Talk said b twenty four minutes after five, coming
up next, Quantus stung. Well, no, no, not stung. We
have been stung by a quantest and that is passionate
passenger customers have been stung by a Quantus data hack.

(14:04):
I'll give you the details on that. Also, we will
get too much. McCann on the Diddy thing as he
being let out today, he is apparently knelt down and caught.
After the judge the jury handed over the verdict partial guilty,
partial not guilty, he gets down on his knees and

(14:24):
starts praying to God on the courtroom floor. Twenty four
after five News Talks VB.

Speaker 1 (14:30):
The early edition full the show podcast on iHeartRadio powered
by Newstalks EB.

Speaker 2 (14:36):
Five twenty six News Talks dB. Yesterday was a bad
day for me for some of my pet peeves. I
had trouble getting a car park, probably half an hour
wasted there. I had to go to the supermarket, which
you know that I hate doing, and Quantus had a
data hack. Nothing drives me more crazy than a business,

(14:56):
big or small, although in this case very big, asking
too many personal questions of us and getting too many
personal details about their customers unnecessarily. So now there is
a good argument for why Quantus, of all companies, would
need your details. You know, if you're flying, you need
a passport number, you need your date of birth, your
address in case things go wrong, et cetera, et cetera.

(15:18):
I get that, But if they are collecting such sensitive information,
our secrets and essentially the secret to our identity, then
can they not keep that safe? Please? No, they can't, No,
they can't. Yesterday, six million Quantus customers names, email addresses,
phone numbers, birth dates, frequent flyer numbers, you name it.

(15:40):
Apparently everything but the credit card data. Thank god. Now,
if you can keep your credit card data safe but
not the rest of it, then why not the added
layers of protection for everything else the date of birth? Please, Honestly,
at this point, who cares? The information that was taken?
Is bad enough? And what will they do? Apologize? Send

(16:01):
a letter, and then move on until it all happens again,
which it will. We should have instant and highly aggressive
fines for this type of thing happening. Once your private
data is hacked from your third party customer service center,
there is no getting it back. It can and will
be used sold on the black market to gangs of

(16:23):
losers wanting to rip us off. They've opened a can
of worms for us. The sooner these guys get properly punished,
and I'm not talking just about Quantus, but multinationals and
big companies in particular for being so cavalier with our information,
the sooner it might stop getting stolen, and then they
might also start asking themselves whether they really need our

(16:46):
personal details and so many of them in the first place.
Brian Bread, wee flf to five News talks there be
so we'd love your feedback on that. Nine two ninety
two is the number two. I know you could just
not give it to them, but then you basically can't
use their services. It's like a prerequisite, a requirement. Putin's
met with Machron. That were over the phone, I should

(17:08):
say over a little zoom fell out over Ukraine. Mahron
refuses to talk to Putin now he needs him. Why
Iran wants him to get involved? Putin to get involved
with Iran and get the weapons inspectors back in there.
Twenty nine after five, Mitch McCann stateside after our reporters and.

Speaker 1 (17:26):
News get ahead of the headlines on early edition with
Ryan Bridge and ex Bole insulation keeping Kiwi Holmes warm
and dry this winter, US Talk said Blas Lace Lace.

Speaker 2 (17:51):
Twenty four minutes away from six, You're on News Talk
said b this is Kanye West. And the reason we're
playing Kanye West this morning is he has been barred
from entering at It was not a specific request. He
didn't say, I'm coming to Australia. Can I have a visa?
And they said no. He has an ongoing visa because
of his relationship with his girlfriend, who's Australian. She's a designer.

(18:13):
The Janka sensory is her name. Anyway, he had a
visa and the Aussie Homer Fairs Minister Tony Burke asked
his officials to just look into it, and they have
canceled it on the basis of Kanye West's latest song
called Hal Hitler. I think that speaks for itself, doesn't it.

(18:33):
Twenty three minutes away from six before six, Ruth Richardson
on the black holes and the fiscal cliffs and budgets
and why Winston and Seymour have stopped Nicholas's efforts to
clean that up. Also this morning, will Diddy walk out
of court? This in Lower Manhattan. All the world's media
there watching, along with Mitch mccan, who is reporting for

(18:57):
US this morning. He's basically got off on all the
bad charges, but still some are guilty on some of them.
So will he be freed from prison? He's been in
federal custody now since September. At twenty three to two
six ran Bridge and we get to our reporters around
the country, starting in Dunedin. Good morning, column morning. Right now,

(19:19):
expectations tickets will be in high demand for the Warbirds
air show. Yeah, I expect they will be. This is
Warbirds over Wonka.

Speaker 9 (19:29):
Tickets on sale today for this hugely popular event held
every second easter. Tens of thousands flops to Wanaka for
this and fans are being urged again in early after
last year's Warbird's show was a sellout for the first
time in thirty six years. Organizers say they have thousands
registered on their wait list. The general managers Ed Taylor.

(19:50):
He says they're working hard to improve the air show
and are close to confirming some exciting acts for next year.
Tickets on sale at nine am.

Speaker 2 (19:57):
Right, Yeah, I've actually got a reminder in my phone.
I looked this up some time ago because i really
want to go, So I've got the reminder there ready
for for later this morning. I'll be in to get
my tickets Colum, and I'll become in your way if
I don't get any Hell, how's your weather in Dunedin.

Speaker 9 (20:12):
We've got a heavy rain warning here from three pm
this afternoon. The heavy rain sets and it develops this
morning easterly Snedan's heighth today ten.

Speaker 2 (20:20):
All right, thanks so much? Clear in Christia? Hey clear? Hello?
Now Canterbury business confidence is leveling off.

Speaker 10 (20:27):
Yeah, so this is Business Canterbury's latest quarterly survey, which
has found while sixty percent of respondents expect to invest
in property, plant or equipment over the past twelve months.
That's only a three percent increase on last quarter. So
Deder and A and Z surveys also out this week's
show national business confidence is increasing, but again only very slowly.

(20:48):
We've spoken to Business Canterbury's Leanne Watson, who says, look,
while things look stationary overall, there's certainly no means to
suggest that it's a gloomy outlook for now, they are
remaining cautiously optimistic, she says. With the Canterbury population up
at forty since twenty eighteen, we're heading in the right
direction and performing better than elsewhere in the country.

Speaker 2 (21:07):
All right, how's your Were they there?

Speaker 10 (21:09):
Clear rain this morning, it won't ease until tonight. Southwesterlies.
It's five degrees now and the top ten today is sixth.

Speaker 2 (21:16):
All right, Max in Wellington, Hey Max, good morning. Now
you've got a new faery coming to Cockstrait this morning.

Speaker 11 (21:23):
Yes, in a couple of hours. In fact, the Livia
will arrive, welcomed with a tug boat spray in Oriental Bay.
The tugboat's accompanying this addition to Blue Bridge's fleet into
the harbor. It'll be put to action in a few weeks.
It has capacity for about five hundred passengers, possibly more
further down the track. It's not a new boat. It

(21:44):
was built in two thousand and eight in Europe, has
sailed for a time in the Baltic Sea. The Maritime
UNI in a little concerned about how it'll sustain over
the next few years, but certainly a welcome arrival. Nonetheless,
a new sister for blue Bridge and straight Handz's on Omara,
which is due soon to go into dry dock. Nice
timing too, with the progression being made in the government's

(22:06):
plan for the inter islander.

Speaker 2 (22:08):
Yeah. It's a sort of a tailor two companies, isn't it.
Who can you can run them better? One's got a
ship coming into the harbor, the other has one leaving exactly,
that's retiring. Yeah. How's the weather? Rain?

Speaker 11 (22:21):
Rain all day from the morning, heavy this afternoon fourteen.

Speaker 2 (22:25):
Today's hey, all right, thank you Max, rain, rain go away.
Michael Sergle and Auckland for us this morning morning, Michael,
good morning. Now Auckland Police have got the gathering information
on this newborn baby in pons and being the WHEELI bin.

Speaker 4 (22:38):
Yeah, the really shocking case investigations continuing after the body
of a newborn baby found in a wheelban and Pontsby
in central Auckland on Tuesday night. I've been at the
scene this morning, where cordons have now been pulled back,
but police have been gutting the scene throughout the night
and will be canvassing the area today. A woman's in custody.
Police are speaking to her and they aren't seeking anyone else.

(22:59):
Detectives are seeking CCTV from residents in the street and
searching other wheelibins in order to secure any additional evidence
that may be relevant to the investigation. Police saying this
is a real tragedy for everyone concerned, and there's also
a well being issued to consider with the woman here
alongside the investigation, so they will ensure the woman gets
all the support that she needs. Police asking people to

(23:21):
avoid speculation. Anyone with information can call crime Stoppers or
one five Pretty.

Speaker 2 (23:26):
Grimm, isn't it, Michael? How's the weather in Auckland?

Speaker 4 (23:28):
Rain heavy at times, possible, squally thunderstorms, strong northeasterlys. Today's
high eighteen degrees brilliant.

Speaker 2 (23:34):
Thank you just got eighteen minutes away from six News
Talk ZB lots of your feedback this morning on this
is you know, the big companies taking all of our
data like contested and then having it taken from them stolen. Ryan.
Guess what, says Luke, No business or government cares about
your privacy, but they do want your data. But it's
all for your safety inconvenience. Yeah right, look complete, That's

(23:57):
exactly how I feel, Murray says Ryan. We used to
live in Australia. We are already in two group legal
actions against big corporates there for data breaches. Those who
get caught up in the quantus one should do the same. Interesting,
isn't it. I would certainly be joining that action if
my thing is would you even know? Would they even
tell you if your data was stolen? I just don't

(24:21):
trust that they would. I don't trust that they'd get
to everyone, not necessarily because they're malicious, but because in
competence or overlooking. When you've got six million passengers affected,
seventeen to six news talks, there'd b we will get
to Ruth Richardson before six o'clock. Also, next Mitch McCann
on Diddy, is he walking out of that courthouse today or.

Speaker 1 (24:44):
What international correspondence with ends at Eye Insurance, Peace of
mind for New Zealand business.

Speaker 2 (24:50):
Just on fourteen two six News talks. There'd be lots
of you by the text. Machines seem to be getting
off being affected by the Quantus data League. Will come
to those texts shortly right now, much McCanns in the
US for US Mitch, lots of attention, lots of eyes
on the courthouse and Lower Manhattan for the Diddy verdict
and we have one. Yeah, that's right, Good morning, Ryan.

Speaker 5 (25:09):
Shaun Didy Combs was convicted today on two criminal charges
of the five he actually faced this morning, but remarkably,
the headline really is that he escaped the most serious charges,
and they were racketeering conspiracy. This is a charge that
is usually reserved for mafia bosses or gang leaders. Prosecutors
say he led a criminal enterprise, and the other charges

(25:30):
he escaped were six trafficking. So there was a prospect
that Diddy would be jailed for the rest of his life.
Now there's the possibility that he'll be released this afternoon
on a bond of those charges of which he was
found guilty and may face up to.

Speaker 2 (25:43):
Ten years in prison.

Speaker 5 (25:44):
But certainly this is a win for Diddy and his
defense team, and the.

Speaker 2 (25:48):
Crowd loved it outside from what I can hear, the
people who are wearing the free Diddy t shirts. Yeah,
that's right.

Speaker 5 (25:55):
What's interesting about this case, Ryan, is you have all
the media like you had at Trump's trials last year.
But also it's the middle of summer here in New York,
so you've got dozens and dozens of tourists that have
just turned up to watch. But you also have the
element where this has become the sort of thing where
social media influencers turn up with your selfie sticks and
broadcast live, so that everywhere when you go over to
the court, you've got to navigate.

Speaker 12 (26:16):
All these little live broadcasts going on. Meanwhile, you've got
your own one going on here. Mitch, Hey, the big
beautiful bill very quickly. Is it going to get through
by Trump's self imposed deadline?

Speaker 2 (26:27):
Do we think?

Speaker 6 (26:28):
Yeah?

Speaker 5 (26:29):
It's hard to know, Ryan, because there's a lot of
conservative conservative hardliners that are not happy with the figure
that came out from the Congressional Budget Office that said
it's going to add three point three trillion dollars to
the national debt. Now, Mike Johnson, the Speaker of the
House is they could be a vote as soon as today,
but it's remaining unlikely that it's going to pass the
sooner it happens, so it may be a couple of

(26:49):
days before that actually passes.

Speaker 2 (26:51):
Mitch, Thanks so much for your time. Mitch bccana US
correspondent time twelve minutes away from six Ryan speaking of
a budget office. The Government's voted against up an independent
costing this agency. This is an agency that would have
let political parties fact check their numbers before making big
promises and before the accusations start flying inevitably about fiscal
holes and fiscal cliffs and black holes. Finance Minister Nicola

(27:14):
Willis took the proposal to Cabinet Monday, shot down by
Act and New Zealand First Ruth Richardson, former Finance Minister.
Tax Payers in your chair on the show this morning,
Good morning, good morning, Thanks for being with me. Do
you are you disappointed that Seymour and Winston have shut
this down?

Speaker 6 (27:32):
No, I'm not. I mean, let's start with the problem
that the minister was trying to solve. I mean, there's
a compelling case for a new fiscal institution that ensures
transparency and credibility in public finance management. And why because
we know the quality of fiscal management has declined, the
budget deficit is structural, and the politicians gained the system

(27:53):
so that my fiscal responsibility rules are no longer enough.
So the Minister was on the right track in recognizing
the action was required, but her proposal falls far short
of what is required.

Speaker 2 (28:06):
What is required, then, do you think.

Speaker 6 (28:09):
Well, what's required is that we want a publicly resourced
body that is independent of the executive and that ensures
more formal or more informed public and parliamentary debate. So
we need look no further than the Office of Budget

(28:29):
Responsibility in the United Kingdom, a little bit like the
one we've heard about in the United States, and that
is a body that attends independently of the executive to
economic and fiscal forecasting, evaluating fiscal targets, scrutinizing policy costings,
and assessing fiscal sustainability and highlighting fiscal risks. Now that's

(28:52):
the gold standard, and that I assume is what ACT
and New Zealand first we're gunning for.

Speaker 2 (28:58):
So we could see a different iteration of this. Is
it really going to make a big difference to voters,
particularly around election time. I mean you look at the
Australians have got a form of this, and I mean
you still had you still had your fiscal clips, you
still had your black holes, you still had a lot
of uncertainty.

Speaker 6 (29:15):
No, Australia is not an example that we should be
looking to. We should start with my fiscal responsibility rules.
Understand they are necessary, but not sufficient. What do we
need to fix the fiscal disclosure problems?

Speaker 11 (29:30):
Now?

Speaker 6 (29:31):
We need a gold standard institution independent of the executive
that gives the public the figures that they can rely
on publicly, not stupid that they know that you cannot
perpetually rack up debts and run deficits that the new
generation are basically saying, we're generation screwed because we have

(29:52):
to pay the price.

Speaker 7 (29:53):
Of all of this.

Speaker 6 (29:54):
So the public are wanting figures that they can rely on,
and they want an institution that's got credibility, and that
institution is not a parliamentary office subject to the dictate
of public servants run by the executive. They want an
independent fiscal institution and that I believe is now in

(30:14):
public domain and there is a compelling case for it.

Speaker 2 (30:18):
Ruth, appreciate your time this morning. Ruth richardson taxpayers union cheer.
Former Finance Minister David Seymour by the Way says, basically
the act Party managed to put out alternative budgets fully
costed every year that they've been in opposition, never had
a problem, So don't understand what the need is. He says,
we reject this idea that everything a government department does
is right. Nine to six News Talks be Marke next on.

Speaker 1 (30:42):
Your radio and online on iHeartRadio early edition with Ryan
Bridge and ex full insulation keeping Kiwi Holmes warm and
dry this winter News Talks at be six.

Speaker 2 (30:53):
To six News Talks. He'd be Trumps slowly tacking off
the trade deals and I mean really slowly as and
he's only done one with the UK and now overnight
one Vietnam. So US will charge twenty percent tariffs on
Vietnamese goods. This is instead of the forty six percent
that he had instituted before the freeze. A big issue
for them is transhipment, so China sending stuff through Vietnam

(31:14):
to get to America and get around tariffs. Trump has
put a forty percent tariff on anything that comes from
another country, goes through Vietnam into the US, so that'll
hopefully take care of that problem. But you know, still
looking like there's a long list of deals to be done,
isn't there? Sex? Away from sex? Bryan Bridge likes here
next ty Mike morning.

Speaker 13 (31:35):
You've seen Rachel Reeves, yes, crying worse than that, You've
seen the bags under her eyes. Yeah, she's also like
she's having a breakdown literally online television.

Speaker 2 (31:42):
Yeah. But do you think Chees says there's a personal matter?

Speaker 13 (31:45):
Ye, shed The claim is she ran into the speaker
and they had to do. But there's something more to
it than that. If you look at the bond market,
because it all went on television, the bond market spiked, so,
in other words, the cost of borrowing has gone up because.

Speaker 2 (31:59):
She's It's interesting because you had the conservatives needling her,
which is fine, that's that's politics, but needling her and
then she comes out and says it's a personal matter,
and the conservatives say, well, when Starma's brother died, he
told us about that, So you've got to tell us
what your personal issues are. I mean, do we need to.

Speaker 13 (32:17):
Go well, well, you do in the sense of what
what makes it fascinating and sad? Is that being the
chancellor Minister of finance and when your market moves and
when you've got you know, with every tangible economic outcome
to a to a fight. You know, you just think
about if you're watching Nikola Willis melt down in the house,
the be all hell to pay. When there's something you know,

(32:38):
you begining hang on here, something big anyway, Hey, listen,
Jason Eldean. You love Jason. He's coming great you. I
was noting before you go into the wings it was
a wingsoble wany.

Speaker 2 (32:49):
Well, I'm going to try and get a ticket. I
don't know that.

Speaker 13 (32:51):
I realize it's outdoors. There's quite a lot of room.

Speaker 2 (32:53):
It's not like they sold out. No, they sold out
last year.

Speaker 13 (32:57):
Is that the flash seats you're talking about. I'm just
talking about it general entrance.

Speaker 2 (33:01):
I'll take g a you know me, Okay, I'm not
sitting at the back.

Speaker 13 (33:06):
Do you have a warning or an alert on your
phone for jasonelding?

Speaker 2 (33:10):
I said a no, no, but I did. I genuinely
set one for warbirds over one account.

Speaker 13 (33:15):
So what just worked me through this? If you're genuine
about going to this, surely there's an element of excitement. Therefore,
the element excitement supersedes any warning on a phone. So
in other words, you going, oh cool, it's going a
good day today. I'm going to buy them a g
a ticket to the wings of a.

Speaker 2 (33:28):
Warming because you've got are you so get out? Months ago, well,
a couple of shows on the game busy Man, we're
no worked out months ago that today was the day.
So I put it in my phone as an alarm.
That's it. Okay, Well, when's it going on nine o'clock
this morning? What's the noise that makes? Does it?

Speaker 3 (33:50):
Does?

Speaker 2 (33:51):
Sounds like a warbird? Have a great day, everybody. It
is Thursday, Mike Next.

Speaker 1 (34:00):
More from Early Edition with Ryan Bridge. Listen live to
News Talks at B from five am weekdays, or follow
the podcast on iHeartRadio.
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