September 17, 2025 • 34 mins
On the Early Edition with Ryan Bridge Full Show Podcast Thursday 18th of September 2025, GDP is out today, BNZ Chief Economist Mike Jones tells Ryan what he's expecting to see.
The World of wearable arts kicks off in Wellington today, CEO Meg Williams tells Ryan about the impact it has on the capital.
Labour's Willow-Jean Prime shares her thoughts on the latest youth crime data.
Plus, US Correspondent Toni Waterman has the latest on Donald Trump's state visit to the UK and the US Federal reserve decision.
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, the interviews and the insight.
Speaker 2 (00:04):
Ryan Bridge on Earlierditia where one roof love where you live,
News Talk sat'd be good.
Speaker 3 (00:10):
Morning, Welcome to Thursday. Shoes all go this morning. We've
got a rate cut expected from the Fed in about
an hour's time plus it's GDP day here. Youth crime
is down, So where are all the positive media stories
about that one? We're live to the US. Good news
for Wellington and has a New Zealand's Hamilton christ Church
announcement got anything to do potentially just throwing it out
(00:31):
there with Jetstar's announcement on the same route nine days ago.
Speaker 1 (00:37):
The agenda.
Speaker 3 (00:40):
It is Thursday. I think that September Britain's done what
it does best for Trump's big military inspection at Windsor Castle,
pump ceremony, cloud wind and rain and throughout that Trump's
(01:06):
before was blowing in the wind in London, the anti
Trump mob out in force.
Speaker 4 (01:11):
This is very important moment for me, for the world
that we recognize that this manager is not helping the
future of our climate and our country and our children.
Speaker 3 (01:20):
The main suspect in the medal of McCann cases of
the German guy, Christian Bruckner. He's been released from prison.
They worried it was going to happen. When it's happened.
He'd been serving seven years for raping a seventy two
year old woman in Portugal, which is where Madeline disappeared.
Speaker 5 (01:34):
Prosecutors say they believe he is the chief suspect. They
say they have evidence to link him to the death
and disappearance of Madeline McCann, but they say those are
not strong enough for them to issue an arrest warrant.
Speaker 3 (01:50):
Tyler Robinson the guy accused of killing Charlie Kirk. He's
fronted in court and texts from his roommates slash partner
claim he left a confession under the keyboard. Now this
is the death penalty.
Speaker 6 (02:01):
I do not take this decision lately, and it is
a decision I have made independently as County Attorney, based
solely on the available evidence and circumstances and nature of
the crime.
Speaker 2 (02:16):
Views and views you trust. To start your day, It's
early edition with Bryan Bridge and one roof Love.
Speaker 1 (02:23):
Where you Live. News talks had been.
Speaker 3 (02:26):
Nine the numbers text has gone eight minutes after five
grade to have your company on a Thursday morning, We'll
talk to Mike Jones from the BNZ on that GDP
number coming out at ten forty five this morning. We'll
do that just before six. The Fed expected to cut,
as we've been talking about for the last couple of weeks,
a quarter of a percent. Today, focus, of course, will
be on the commentary from Drome Power after that. You know,
how many more cuts are you expecting? Jobs have been
(02:49):
softening there, obviously, infatians still running outside the band their
target band. So for you to cut even though you're
technically not doing your job and controlling inflation, then you
asked the question, well, is it the jobs that they're
really worried about or is it the pressure from the
White House that they are taking into consideration? Is it both?
(03:11):
Who knows? But we'll see more today and hear from
Jerome Powell also today. Well, overnight we have had the
Bank of Canada cut twenty five basis points there. They
went backwards last quarter and this is the trade war.
Of course, unemployment is up there, so they have cut.
Tomorrow we'll get the Bank of England. They are expected
to hold steady at four percent. They lowered last time
(03:35):
as we reported. Now you know yesterday you might have
heard the he threw a bit of a wobbly to
Donald Trump, that Ossie reporter from the ABC. This is
before he left for the UK. Don't ask the guy
how rich he is.
Speaker 1 (03:48):
Where are you from? I'm from here, sny a world.
Speaker 7 (03:50):
Gardon if you're heading right, rare?
Speaker 1 (03:55):
You are rare.
Speaker 3 (03:56):
You're very much y down and they're wont again along
with the yeah, your leader, who's coming over? I've got
a doll about you all because you ask how much
you're worth, what your net worth is, how much richer
you are after becoming president for the second time. For
someone who loves talking about his net worth, jeez, only
on his terms anyway. There was a CBS report from
(04:18):
May that estimated that his net worth is up some
five billion New Zealand dollars since taking office. This is
all done to meme coins and crypto stuff, largely down
to me coins and crypto stuff like that. Usually you
cash in quite big once you leave office as well.
Obama he used to get hundreds of thousands of dollars
(04:38):
rumor was almost half a million bucks back in the
day on the speaking circuit. It might be more than
that now. Biden, though not so much nobody's hiring him,
apparently for speaking gigs not popular in democratic circles. There's
his age. Of course, Karmela had a crack the other
day in her book about his ego. And you do
have to wonder, don't you, what sort of speech you'd
give anyway?
Speaker 5 (05:00):
America is a nation that can be defined in a
single word.
Speaker 1 (05:03):
O what would that be?
Speaker 8 (05:04):
I was a foot him assume the foothills of the
Himalayas with Shijing pang.
Speaker 9 (05:10):
Yeah, yeah, that's good to know.
Speaker 3 (05:13):
Time now is eleven after five, Ryan Bred to willow
Gen Prime. She's gonna well, I'm interested to see what
willow Gen Prime has to say about the fact that
youth crime According to Karen Shaw, who sees the latest stats,
so youth crime is dropping in some regions, regions you
would worry about quite significantly. So how will Labor respond
to that.
Speaker 2 (05:34):
She's next the News you Need this morning and the
in depth analysis early edition with Ryan Bridge and one
Root Love where you Live news talks.
Speaker 1 (05:44):
That'd be good news for you.
Speaker 3 (05:45):
Wellington will get to that shortly five fourteen. Right now,
the government's panning itself on the back for the new
youth crime data. Serious offending down fourteen percent in two years.
Northland down forty percent, Tasman thirty six percent, Wellington twenty
eight percent, in Auckland down fourteen percent. Ram raids almost nonexistent.
Karen Shaw says kids no longer reckon, they're above the law.
(06:06):
Willo Jene Primers, Labour's Children spokesperson, good morning, good morning,
Good to have you on the show. Is this something
to celebrate?
Speaker 10 (06:16):
Oh, it is definitely something to celebrate when we are
seeing less young people offending. But what I thought was
remarkable was that the government is claiming that this is
all down to things that they have done.
Speaker 1 (06:31):
Is it not?
Speaker 10 (06:33):
No, it's not because if you look at what they
are celebrating, they are basically saying that it is because
of programs like their boot camps, which we know have
been an abject failure with seven out of the nine
young people reoffending. What they really need to let New
Zealanders know is they have carried on programs that we
(06:54):
started under labor, which was the circuit Breaker program. It
had an over seventy five percent success rate. They have
continued to fund that and they have expanded it. So
what their pr doesn't say is actually it was things
that Labor had introduced that is contributing to this reduction
in youth offending.
Speaker 3 (07:12):
Does it matter where an idea came from. If I've
continued funding it, that's not a success.
Speaker 10 (07:18):
Well, I just think it would help if they were
more honest with New Zealanders and actually told them that
this is something that Labor had started, that they could
see the benefit, and that they had decided to continue
and to expand. But instead they are claiming that this
is a success because of things like their failed boot
camp experiment, which like I said, had seven out of
nine of the young people reoffend, and they are continuing
(07:41):
to fund significantly millions of dollars and entrenching it into
legislation when they know it doesn't what they does.
Speaker 3 (07:48):
Labor believe that in the idea of deterrent, that you know,
the tough talk on crime, the penalties for serious recidivist offending,
and the threat of a boot camp, that that actually
can act as a deterrent to young people, that young
people are smart enough to work out that this government
(08:09):
won't let them take the mickey.
Speaker 10 (08:12):
I think we haven't seen any evidence that suggests that
that actually is a significant contributor to it. What we
know and what they are funding are programs like Circuit Breaker,
which they have extended, which is an intensive wrap around
interventions with young people as early as possible, and that
is what is having the most success in over seventy
(08:35):
five percent success rate. So I think that is what
we need to understand is contributing to this reduction in crime.
Speaker 3 (08:43):
If you want them to take response to give you
credit for the drop, will you take responsibility for the
fact that went up so dramatically under your watch In
the first place, it is clear.
Speaker 10 (08:55):
From the data and the statistics that there was a
spike of crime under labor and I think what we
want credit for is that we were in fact trying
to address that and doing something about it, and that
the programs take it in place.
Speaker 1 (09:09):
Do you take accountability didn't happen?
Speaker 3 (09:11):
Do you take accountability time? Oh, I haven't heard it yet.
Do you take accountability for the fact that it went
up so dramatically under your watch?
Speaker 10 (09:19):
What we take accountability for is that we did something
about it, and that that that what we introduced has
been successful in this government has carried it on. I
think they should give us more credits, but we didn't
hear it yesterday in the House and we didn't see
U thepr.
Speaker 3 (09:36):
Hey, how'd your meeting go with Ereka Stamford? Are you
going to work together?
Speaker 10 (09:40):
So we had quite a long conversation about NCAA and
the concerns that I'm hearing from the sector. It's really
over to the minister now to respond to those significant
concerns that are there with her proposal.
Speaker 3 (09:52):
Will O jeen Prime appreciate your time this morning. That's
Labour's Children spokesperson wants a thank you very much. Labor
eighteen hours to five news Talks. There'd be word of
wearable art and Wellington next.
Speaker 2 (10:04):
The first word on the News of the Day early
edition with Ryan Bridge and one roofe Love where you Live.
Speaker 3 (10:11):
News talks, there'd be five twenty on news Talks. There'd
be We just had Willer joen Prime on from Labor
and as you can imagine, we just about broke the
text machine this morning. This is one example for you, Ryan.
She took credit for the crime stats, but like Jippy,
won't take the blame or responsibility for things like the
state of the economy or the fact that the crime
stats got worse in the first place the problem. And
(10:33):
I think this is a really good point because we
had the poll out the other day from R and
Z that said people blame in terms of the economy,
people blame national for its current condition and state more
so than they do labor. That's a problem for the government.
Twenty one after five, Ryan Bridge, Well, the Rebel Arts
kicks off in Wellington today. You can expect everything from
(10:53):
dog bowl dresses to road cone gowns. Plenty of road
cones around to use. I suppose big crowds mean a
big boost for the Capitol and boy do they need it.
Meg Williams, as the World of Wearable Arts CEO, was
me this morning, Meg, good morning, good morning. Good to
have you on the show. What is the road cone down?
Speaker 7 (11:10):
Well, that was actually a supreme winner from last year,
which was actually inspired by our designers visit to New
Zealand a number of years ago after the Kai Carder earthquakes. Actually,
and she was many of our designers come over for
the show and then afterwards they take a trip around
New Zealand and on that trip she was really inspired
(11:32):
by the resilience of the country and how everyone had
pulled together after that, and so that was actually the
inspiration for that piece. It's a spectacular piece and yeah,
and so it just so happened that it came into
the competition last year.
Speaker 3 (11:50):
Meg.
Speaker 7 (11:50):
It's an example of the kind of invention and imagination
that that designers put to put to the task for Wow.
Speaker 3 (11:57):
How many of you are you expecting today, Meg, Well,
we open this week.
Speaker 7 (12:03):
We're pull on Friday, So we had our first dress
rehearsal last night, and across the season we expect around
sixty thousand, and many of those are from out of
the region, so we have about seventy percent from outside
of the Wellington region.
Speaker 3 (12:16):
And what we had road Cones you said was the
supreme winner. What are we expecting this year?
Speaker 7 (12:22):
Yeah, Well, I can tell you a little bit about
the show. The show is called Rise, and it's about
a city illuminated with the creative spirit. And so there's
a city scape in which we invite the audience into
six different sections and so the wearable our designers designed
for those sections. To give you a little taste of
a couple of those, we have avant garde, which is
(12:42):
kind of at the cature end. It's very beautiful and
in the show that the theme is less and infused
music and sultry, and we also try and make something
fly in that section that we sho shouldn't make fly,
which is a hallmark of what Wow does. We have
a section called Neon which, as you can imagine, it's
just a riot of color and our designers have really
(13:03):
gone to town in that section. That's just huge fun.
And the music soundtrack is this nineties inspired club hits
of some real banger, isn't that. And then we've finished
with Miss Climn Legends, which is ready for designs inspired
by the mythic and the finale is really a beautiful
operatic moment with an incredible vocal performance. So that's just
(13:26):
a taste of about half of what they wanted to
just can expect it well this.
Speaker 3 (13:30):
Year brilliant and sixty thousand people heading to Wellington got
to be a good thing. Meig, thank you very much
for your time this morning, and best luck with this
year's World of Wearable Art. Meg Williams as the chief executive.
It's twenty four after five and Bridge from the good
news for Hamilton christ Church too, i suppose, but probably
more so Hamilton. From the eighteenth of September you'll get
select services between the two cities with a jet that
(13:52):
coming back first time in twenty five years that a
domestic jet services back to Hamilton one hundred and seventy
one seat Airbus A. This will be alongside the turboprop
services thank you in New Zealand. This is approximately twenty
five thousand extra seats a year on the route. And
I just wonder has it got anything possibly, just wondering
anything to do with Jetstar's announcement of daily flights on
(14:16):
the same route just nine ten days ago. Now they
start the Jetstar ones in December. Who really cares? What
the reason is? Its competition and its frequency, and that's
got to be a good thing for the regions. News
Talk SEBB the early edition.
Speaker 2 (14:31):
Full show podcast on iHeartRadio Power by NEWSTALKSB.
Speaker 3 (14:37):
Five twenty six on News TALKSB. Did you see the
cops put out a handy warning for us all yesterday
hide tel escape or is it hide escape? Tell yes
the latter. The spooks their spires and Wellington reckon that
extremist violence is a realistic possibility in this country. Now
they've been saying this for some time, but yesterday you
would have seen a news alert about this new campaign
(14:59):
from police what to do during an armed attack in
a crowded place. Now you could think, well, maybe they're
just being prepared, and that's good. Good to be prepared,
better to know than not. But is there a little
part of you that also thinks do they know something
specific you know? Or are they following so many suspected
terrorists or potential terrorists that they've maxed capacity and feel
(15:21):
like it's time to inform the last line of defense
or self defense US. It's one of those things. I
was thinking about it last night after watching the news,
and you wonder whether maybe I'm just being a bit paranoid,
or is this so plain and obvious that everyone else
assumes the same thing. You had Luigi Mangioni over in
the US. This is the young guy who hated insurance
(15:42):
companies and assassinated a CEO in cold blood. Allegedly, you
had Tyler Robinson over in the US. Again, he was
in there. Another young guy strong views allegedly took his
granddad's gun to university to shoot and kill a guest
speaker They reckon hear. The risk remains low, but the
threat is growing. The most likely scenario would involve a
(16:05):
loan actor radicalized online through dangerous ideology and grievances, and
the cops said explicitly, this is you know, this is
something that is just one click away. It's not hard
to find. It's not like it's on some far flung
corner of the Internet. Now, given all of this, just
think carefully about the stuff that is said on social media,
(16:29):
about grievances and about extreme language, and the need to
do something about it. A recent survey of business leaders
here found more were worried about extremism than interest rates.
And I think most reasonable kiwis if they're not, they
should be as worried about it too. The CoP's advice
(16:50):
this week is an update on some similar stuff that
they released after the mosque shootings. And you just hope,
like hell that we can figure out as a society,
figure out a way to talk and reason with one
another before something happens as bad or worse than that.
Ryan Bredg on News Talk said, b twenty nine minutes
(17:10):
after five, we'll get to the US and the GDP
number out today. It'll go backwards, but quarter three should
come back all ahead. On News Talks, Heed be early edition.
Speaker 2 (17:32):
Get ahead of the headlines on an early edition with
Ryan Bridge and one roof Love where you Live News.
Speaker 1 (17:39):
Talk set B.
Speaker 3 (17:45):
Good morning, Welcome to your Thursday's twenty four minutes away
from six before six, we'll talk about the GEDDPS GDP
day today. Nothing to celebrate, of course, Thank you Donald Trump,
Thank you Tarris. We will speak to Mike Smith from
Banzaid about that before six o'clock this morning. And we'll
also to the US where the federal reserve is about
to cut by a court were expected to cut by
a quarter of a percent. Do you recognize this song?
(18:12):
Nine nineties reference for you our cartoon animated series called
Where in the World Is Carmen San Diego? And the
reason I'm playing this for you? It was a woman
who wore she was a thief and wore a really
wide brimmed red hat. You may remember this, I certainly do.
Great show. She was sort of like a Robin Hood.
She was a thief, but then she gave back that
(18:32):
kind of thing. Anyway, The series was started because they
did a survey of American kids realized none of them
had any idea about geography. They couldn't point to the
Soviet Union as it was back then, all the Pacific
Ocean on a map, so they thought, let's create a cartoon. Anyway,
So she wears the wide brimmed hat. That's basically what
(18:53):
Malania Trump's wearing in the UK for the state visit today.
It's purple because Donald Trump's tires purple. It were a
similar one to because everyone likes talking about what Milania
is going to wear. She wore it's much like the
one she wore to the inauguration, which was navy and white.
So she's got a hat slash come umbrella. And you
can't kiss her on the cheek because all the royals
(19:14):
are their cates. They're trying to kiss her on the cheek.
You cannot get a looking otherwise you get a poke
in the eye. And that's I don't know that on purpose.
The other thing is they reckon because when she slightly
tilts her head, you can't see any of her face,
and the Vogue magazine, you know, they were all across
that they reckon. It's because she wants to be unseen
so that all the focus goes on Donald Trump, the
(19:37):
more important one in the room. Apparently twenty two minutes
away from six there's some trivia for you, Ryan Shadowy
reporters around the country. Color procter into need in this morning.
Color good morning, morning, right, final day for public to
have their say on Wanaka Airport. Yeah, that's right.
Speaker 11 (19:55):
This has been the second round of community engagement for
the airport. It was launched with the public encourage to
share their views in an online survey. It covers five
possible future scenarios about the airport's long term role, ranging
from closing it down altogether to developing it into a
domestic or international airport. One of the local councilors is
(20:16):
Lyell Cox from the Wannaka Upper Kluth Award. She says
it's been great to see how enthusiastic the community has
been with feedback. She says it's important to everyone in
the airport and so the consulting process so far has
meant that feedback has been clearly captured.
Speaker 3 (20:30):
All right, how's your weather.
Speaker 11 (20:32):
We've got showers here from late morning, strong southwest change
today the high fourteenth.
Speaker 3 (20:36):
Nice one. Thank you. Claire in christ Church morning, Claire,
good morning. Got a night trade emergency there.
Speaker 11 (20:42):
Yeah.
Speaker 12 (20:42):
This was a heated debate at the Regional Council yesterday
Ryan nine councilors voted for and seven were against declaring
this night trate emergency. It's after some groundwater testing found
increasing levels of night trade in the majority of monitored
sites here. Of course, night trade and drinking has the
potential for the likes of blue baby syndrome. There's also
(21:04):
quite a lot of growing evidence around its potential link
to bowel cancer. So this whole idea and the motion
was put forward by Regional Council of Vicki Southworth, who
says that council's work has simply not been enough. She
says it's not complicated, there simply needs to be less.
Cows E Can chair Craig Pauling supports the decision, saying
he hopes it sends a clear message that enough is enough.
(21:26):
But interestingly and unsurprisingly, the likes of Federated Farmers are concerned.
They say it's alarmist, it's disappointing, and they've even gone
as far as labeling it a political stunt.
Speaker 3 (21:36):
How's your weather?
Speaker 12 (21:38):
Mainly find some scattered channels developing a bit later, could
be some thunderstorms as well. Westerly is turning strong southerly and.
Speaker 3 (21:44):
Nineteen she is Claire Max and Mellington. Morning Max, good morning.
You've got a judge ordering police to give back a
mongral mob patch. Yeah, amungle.
Speaker 13 (21:53):
My member stopped on his motorbike by police at three
am at a traffic stop in Lower Hut had his
patch seized which he was wearing. The District Court has
now ruled the police handed back. This is the second
time I believe a court has done this in the
past few weeks. Judge Bruce Davidson says it's display involved
no public disorder, threads or violence. All the patch did
(22:13):
was get this guy stopped by police and everyone is
subject to the same property rights. What it does suggest, though,
is perhaps a bit of disconnect in terms of how
to enforce the patch ban. But there is more to
the story. What was noted was this guy was uncooperative,
verbally aggressive to police, refused to breath test, hardly a cherub.
He didn't have a motorcycle license either. What he did
(22:35):
do was promising court he won't wear it in public again.
But we'll see about that.
Speaker 3 (22:40):
Okay. He sounds like a reliable sort. Yes, that's the next.
Speaker 13 (22:45):
Mainly fine, other than some showers and those gale winds
should be easing fairly promptly sixteen.
Speaker 3 (22:50):
Nice one, Thank you neither an Auckland. Nice to see
you neither after you weren't here yesterday. You were missed,
Were you?
Speaker 14 (22:59):
I wasn't willing to And just when I heard Mex
saying about those wild ones, I was caught up in that.
I was wheeling my suitcase across the road, you know,
and CBD. I was staying at Ridges and I was
wheeling my suitcase. I thought, oh, I'll be fine, I'll
be fine. Nearly got blown off through the intersection.
Speaker 3 (23:14):
Ah, now you were missed. Yesterday was bloody, windy, and
you can crush these two lots of winter. Yes, you
have the pets, the shelter for pets who have been
caught up in family violence. They're putting a bit of
an urgent call out.
Speaker 13 (23:27):
Yes.
Speaker 14 (23:28):
Now, look what's happening is that they need a blanket
weight list. Now this is due to surging demand, so
Pet Refuge it's introduced weightless for every type of pet. Now,
this is the first time in four years that they've
had to do. You know, the weightlists the service provides shelter.
This is were up to four months while victims find
new housing. Julie Chapman, she's a founder. She says, what
(23:48):
they know of people on the waitlist, you know they're
staying in you know, like these unsafe environments to protect
the pets. So she says getting the ten pets off
the weightlist as soon as possible was cruse. They just
don't need the funds, so that's why they've got this.
They're asking for more donations. Yeah, I probably should have
said that first. So yeah, you know, if you've got
extra money, you think we's never going with the story.
Speaker 3 (24:11):
Well, I sort of thought, do you know, for the
first glance at first blush, I thought that there was
a witless for blankets they needed blankets donated. Well, but
but it's a blanket wait list, not a weightless for blanket.
Gotcha neither. How's how's our weather? Okay, well we've got.
Speaker 14 (24:29):
Showers turning to rain late morning afternoon eighteen is a high.
That's you know, spring spring, isn't it nice and warm?
Speaker 3 (24:36):
Neva? Thank you? It is seventeen minutes away from six
year on news talks.
Speaker 2 (24:39):
Be we'll get to the US next international correspondence with
ends and eye insurance.
Speaker 1 (24:45):
Peace of mind for New Zealand business. According to Sex,
We'll get.
Speaker 3 (24:48):
To GDP next. The Royals are out and force for
Trump's first day of the state visit at Windsor Castle.
That says, you got protests in London. Tony Waterman as
our US correspondent, good morning, good morning.
Speaker 1 (25:00):
Yeah.
Speaker 3 (25:00):
So he loves a bit of the pomp and ceremonies,
getting lots.
Speaker 1 (25:03):
Of it over in the UK.
Speaker 4 (25:06):
Yeah, he certainly does. This is right up Donald Trump's
ali He often has talked about how his first state
visit to the UK was the highlight of his first
term in office, and he's been given not just another
state visit, but a state visit, you know, on steroids
where they've really brought out the biggest, the best of
(25:26):
everything for Donald Trump to kind of feed into this
part of his personality and really try to highlight this
special relationship between the UK and the US. There was
a ceremony at Windsor Castle. There was a red Irol's
fly past. Trump and the King and their respective wives
were in the carriage full of gold. This is right
(25:49):
up Trump's alley, and he's really, it seems as if,
really enjoying everything that's taken place so far in the.
Speaker 3 (25:55):
US we've got you fed right, highly anticipated, and what
must be how from now now?
Speaker 4 (26:01):
Now, Yeah, we're going to be hearing in just about
thirteen minutes from now about whether or not the FED
is going to make this twenty five basis point cut,
the first cut that would happen so far this year.
The FED is really struggling to balance it's two mandates,
which is low inflation and full employment, because both of
those things are going in opposite directions right now. But
(26:23):
it seems as if they are going to cut the rate.
I think what everybody's going to be looking at are
the descents. Not normal for the FED to have descents,
but we did see this on the last meeting. And
now that Trump has, in the last you know, twenty
four thirty six hours or so, put in one of
his top economic advisors onto the Governor's board, we'll see
(26:45):
if Steve Myron puts in a descent saying that the
rate should have been cut much lower. But you know,
there's a lot of questions about the Fed's independence right
now as Trump tries to restack the Governor's Board that
hopefully in his view, to be cutting interest rates at
a much faster rate.
Speaker 3 (27:02):
And does that put pressure on them, and is it
the softer jobs or the Trump pressure that does it?
Speaker 1 (27:06):
In the end?
Speaker 3 (27:07):
Tony Vorderman from our US correspondent this morning, Thanks for
your time. It's just gone twelve to six. Ray and
Bridge shitty back home. GDP day today. Quarter two numbers
due out at ten forty five. Most bank economists expecting
a point four drop, worse than the reserve reserve banks
expected point three, but optimism remains for a quarter three
bounce back. Mike Jones, b n Z Chief Economist, Morning, Mike, A,
(27:29):
you're right, you're slightly more gloomy than the rest of
the bank economists.
Speaker 9 (27:33):
Why a sliver more gloomy year half percent decline is
what we're picking, not too far from the consensus, but
you know, when we add up all the numbers, that's
what we get. I think it's pretty clear that the
economy fell into a bit of a pothole in the
second quarter. That we'll just get out from this morning's
numbers exactly how.
Speaker 3 (27:52):
Much, And obviously this is backwards looking. Do we expect
quarter three will giveth back what quarter two taketh.
Speaker 9 (28:01):
Largely? Yeah, we think this is probably the low point
we've actually just lifted our fooka for the third quarter.
The could have announced at two point seven percent. We've
got a few lumpy factors in Q two we think
will come out and help us in the current quarter.
Butible pictures stabilized a little bit. We've had more rate caps,
so those things should help.
Speaker 1 (28:21):
Restore a bit of go forward.
Speaker 3 (28:23):
How are you worrying other services? Sect the manufacturing numbers
that we've had, they.
Speaker 9 (28:29):
Not what we would have liked or perhaps expected. I mean,
if you've sort of looked through the trend in those
PMI and PSI numbers, it is still positive, but kind
of barely. There's not a whole lot of momentum there,
but it does seem like, generally speaking, a step back.
The numbers are tilting in a positive direction, but looks
(28:51):
like it's just going to take a little more time
before we're kind of properly back up and been growing again.
Speaker 3 (28:57):
The interesting piece on interest dot co use today saying
that the December and March bumps that we saw were
more relief activity rather than the start of a real recovery.
Do you agree with that or do you think that
it was we were on the way and then it
was Trump and trade hitting sentiment and affecting everything.
Speaker 9 (29:17):
Yeah, look, there's possibly a bit of that. I think
there was some genuine growth happening. It's a two steps forward,
one step back sort of growth pattern. I think the
growth outlooks just relatively fragile. It's stopped start because we
don't have blowing in our favor some of those things
(29:38):
that often help us in a recovery, things like rising
house prices and booming migration, extra government spending, that sort
of stuff. So without that stuff, I think we're going
to stay in this sort of choppy still a recovery,
but a choppy back and forth, stop start sort of environment.
Speaker 3 (29:54):
Mike, the most important question on everyone's lips, especially Christopher Luxon's,
when does your average household actually start to feel like
things are getting a bit like we're getting ahead.
Speaker 9 (30:06):
Yeah, I mean that's the big question I think for
us when we look at the outlook, it's going to take.
We think until probably that the final quarter of this year,
for example, so Q four before GDP is back up
to that high watermark of the start of last year,
and at that time we're going to start to see,
(30:26):
we think the unemployment rate start to turn down it's
going to take some time, but that's when we might
think the labor market will start to turn. I think
that's probably when households will start to feel a little
more confident and better about the economy. But there's no
doubt it's going to be probably well into next year
(30:47):
before it actually kind of feels properly, properly like in
a recovery.
Speaker 3 (30:50):
All right, might we live in hope? Thanks mate, and
Mike Jones bean Z twop economist with us this morning.
It is nine to six News Talk ZB.
Speaker 2 (31:00):
Radio and online on iheard radio early edition with Ryan
Bridge and one roof Love where you Live news talks had.
Speaker 3 (31:08):
Been it is six to six news Talks, there'd be
the Hero's got an interesting piece today. This is on
the foreign tourist tax and the amount that you pay
when you come into New Zealand went up. They put
it up from thirty five bucks to one hundred bucks.
This is last year. And the idea was, at least
they made it sound like the idea was that you
would fund tourism hospitality. You know, you'd maybe get a
(31:30):
toilet so your freedom campers weren't doing their business in
the bushes and you'd fix some dock tracks. The budget
documents show they have expected revenue of one hundred and
ninety to two hundred twenty nine million, depending on how
many tourists you have come in here, and one hundred
to one hundred and forty million of that guess where
it's going into the government's coffers. Through a bit of
a switcher route. You substitute the cash from the foreign
(31:52):
tourists for Crown funding. Gives them a bit of extra
money to play with, a bit of fiscal headroom. Local
government New Zealand not happy with that. Foreign bird, not
happy with that. The World of Wildlife fun.
Speaker 1 (32:02):
Do we care?
Speaker 3 (32:03):
Not happy with that. The tourism lobby a little more understanding.
They just want an incremental increase to the overall funding.
So there you go. Is that what you expected or
is that actually because the politicians what you expected? Five
to six Brian Bridge, Mike's with us now morning, Mike Morning.
Speaker 8 (32:19):
We'll have old tamar on with that money question. I
can't I don't know the answer, my miny question around
it in forward budgeting, whether or not they didn't know
what they were going to get and therefore they've got
more than they thought therefore they'll give what they thought
they were going to get to, and then when they
get more, they can give more. What when they get more,
they'll get when they get When they get more, they
give more. So I say, I'll I'll give you ten bucks.
(32:39):
I think I'm getting ten bucks. Whoops, I've got twenty. Yes,
so now I've got twenty, I'll give you twenty. So
I don't know that they're not going to go down
that track, or they might just be keeping the money.
Speaker 3 (32:47):
We'll look at that. What else have I got for
you this morning? The youth offending?
Speaker 1 (32:51):
Yeah, good news.
Speaker 3 (32:52):
Well, of course it's good news.
Speaker 8 (32:53):
It's it's it's don't play your journalist.
Speaker 6 (32:56):
Is that good news?
Speaker 3 (32:58):
Well? Even Willow Jene Prime said it good news, but
she insisted that she get a thank you because it's
her programs that did it good on her. She had
a meeting about that. Yet, no I asked her about
the meeting with Erica though, yes, what she say? She said, Well,
I would only say that she had raised her concerns
and she's now bulls now in Erica's court to do what?
Carry on? Come the government come back to her for
(33:21):
goodness sake?
Speaker 8 (33:21):
Anyway? So we'll look at the youth offending and the tourists,
and a young bloke called Jacob Douglas. We're big on
this program of young guys. You've never heard of him,
but he's on the road to Indy. This is motor racing.
So he left home at sixteen and went and moved
to Indianapolis where he's been living ever since. And he's
he's another Scott McLaughlan, another Scott Dixon, another New Zealand
(33:42):
of flying the flag at the highest level of motorsport.
Very cool, by the way, just quickly did or did
not Milania out dress Kate?
Speaker 3 (33:50):
Yes she did, she did. But there's something about those hats.
I don't know why, impeatable. More people aren't wearing them though.
Speaker 8 (33:56):
Couldn't even you'd look half beast in the hat had
that because it hides your face.
Speaker 3 (34:02):
All right, Mike's with you next, everybody, We've got a
fit rate cut coming soon and more on GDP throughout
the morning News Talk set B. See tomorrow.
Speaker 1 (34:12):
For more from early edition with Ryan Bridge.
Speaker 2 (34:14):
Listen live to News Talk st B from five am weekdays,
or follow the podcast on iHeartRadio.
The issues, the interviews and the insight.
Speaker 2 (00:04):
Ryan Bridge on Earlierditia where one roof love where you live,
News Talk sat'd be good.
Speaker 3 (00:10):
Morning, Welcome to Thursday. Shoes all go this morning. We've
got a rate cut expected from the Fed in about
an hour's time plus it's GDP day here. Youth crime
is down, So where are all the positive media stories
about that one? We're live to the US. Good news
for Wellington and has a New Zealand's Hamilton christ Church
announcement got anything to do potentially just throwing it out
(00:31):
there with Jetstar's announcement on the same route nine days ago.
Speaker 1 (00:37):
The agenda.
Speaker 3 (00:40):
It is Thursday. I think that September Britain's done what
it does best for Trump's big military inspection at Windsor Castle,
pump ceremony, cloud wind and rain and throughout that Trump's
(01:06):
before was blowing in the wind in London, the anti
Trump mob out in force.
Speaker 4 (01:11):
This is very important moment for me, for the world
that we recognize that this manager is not helping the
future of our climate and our country and our children.
Speaker 3 (01:20):
The main suspect in the medal of McCann cases of
the German guy, Christian Bruckner. He's been released from prison.
They worried it was going to happen. When it's happened.
He'd been serving seven years for raping a seventy two
year old woman in Portugal, which is where Madeline disappeared.
Speaker 5 (01:34):
Prosecutors say they believe he is the chief suspect. They
say they have evidence to link him to the death
and disappearance of Madeline McCann, but they say those are
not strong enough for them to issue an arrest warrant.
Speaker 3 (01:50):
Tyler Robinson the guy accused of killing Charlie Kirk. He's
fronted in court and texts from his roommates slash partner
claim he left a confession under the keyboard. Now this
is the death penalty.
Speaker 6 (02:01):
I do not take this decision lately, and it is
a decision I have made independently as County Attorney, based
solely on the available evidence and circumstances and nature of
the crime.
Speaker 2 (02:16):
Views and views you trust. To start your day, It's
early edition with Bryan Bridge and one roof Love.
Speaker 1 (02:23):
Where you Live. News talks had been.
Speaker 3 (02:26):
Nine the numbers text has gone eight minutes after five
grade to have your company on a Thursday morning, We'll
talk to Mike Jones from the BNZ on that GDP
number coming out at ten forty five this morning. We'll
do that just before six. The Fed expected to cut,
as we've been talking about for the last couple of weeks,
a quarter of a percent. Today, focus, of course, will
be on the commentary from Drome Power after that. You know,
how many more cuts are you expecting? Jobs have been
(02:49):
softening there, obviously, infatians still running outside the band their
target band. So for you to cut even though you're
technically not doing your job and controlling inflation, then you
asked the question, well, is it the jobs that they're
really worried about or is it the pressure from the
White House that they are taking into consideration? Is it both?
(03:11):
Who knows? But we'll see more today and hear from
Jerome Powell also today. Well, overnight we have had the
Bank of Canada cut twenty five basis points there. They
went backwards last quarter and this is the trade war.
Of course, unemployment is up there, so they have cut.
Tomorrow we'll get the Bank of England. They are expected
to hold steady at four percent. They lowered last time
(03:35):
as we reported. Now you know yesterday you might have
heard the he threw a bit of a wobbly to
Donald Trump, that Ossie reporter from the ABC. This is
before he left for the UK. Don't ask the guy
how rich he is.
Speaker 1 (03:48):
Where are you from? I'm from here, sny a world.
Speaker 7 (03:50):
Gardon if you're heading right, rare?
Speaker 1 (03:55):
You are rare.
Speaker 3 (03:56):
You're very much y down and they're wont again along
with the yeah, your leader, who's coming over? I've got
a doll about you all because you ask how much
you're worth, what your net worth is, how much richer
you are after becoming president for the second time. For
someone who loves talking about his net worth, jeez, only
on his terms anyway. There was a CBS report from
(04:18):
May that estimated that his net worth is up some
five billion New Zealand dollars since taking office. This is
all done to meme coins and crypto stuff, largely down
to me coins and crypto stuff like that. Usually you
cash in quite big once you leave office as well.
Obama he used to get hundreds of thousands of dollars
(04:38):
rumor was almost half a million bucks back in the
day on the speaking circuit. It might be more than
that now. Biden, though not so much nobody's hiring him,
apparently for speaking gigs not popular in democratic circles. There's
his age. Of course, Karmela had a crack the other
day in her book about his ego. And you do
have to wonder, don't you, what sort of speech you'd
give anyway?
Speaker 5 (05:00):
America is a nation that can be defined in a
single word.
Speaker 1 (05:03):
O what would that be?
Speaker 8 (05:04):
I was a foot him assume the foothills of the
Himalayas with Shijing pang.
Speaker 9 (05:10):
Yeah, yeah, that's good to know.
Speaker 3 (05:13):
Time now is eleven after five, Ryan Bred to willow
Gen Prime. She's gonna well, I'm interested to see what
willow Gen Prime has to say about the fact that
youth crime According to Karen Shaw, who sees the latest stats,
so youth crime is dropping in some regions, regions you
would worry about quite significantly. So how will Labor respond
to that.
Speaker 2 (05:34):
She's next the News you Need this morning and the
in depth analysis early edition with Ryan Bridge and one
Root Love where you Live news talks.
Speaker 1 (05:44):
That'd be good news for you.
Speaker 3 (05:45):
Wellington will get to that shortly five fourteen. Right now,
the government's panning itself on the back for the new
youth crime data. Serious offending down fourteen percent in two years.
Northland down forty percent, Tasman thirty six percent, Wellington twenty
eight percent, in Auckland down fourteen percent. Ram raids almost nonexistent.
Karen Shaw says kids no longer reckon, they're above the law.
(06:06):
Willo Jene Primers, Labour's Children spokesperson, good morning, good morning,
Good to have you on the show. Is this something
to celebrate?
Speaker 10 (06:16):
Oh, it is definitely something to celebrate when we are
seeing less young people offending. But what I thought was
remarkable was that the government is claiming that this is
all down to things that they have done.
Speaker 1 (06:31):
Is it not?
Speaker 10 (06:33):
No, it's not because if you look at what they
are celebrating, they are basically saying that it is because
of programs like their boot camps, which we know have
been an abject failure with seven out of the nine
young people reoffending. What they really need to let New
Zealanders know is they have carried on programs that we
(06:54):
started under labor, which was the circuit Breaker program. It
had an over seventy five percent success rate. They have
continued to fund that and they have expanded it. So
what their pr doesn't say is actually it was things
that Labor had introduced that is contributing to this reduction
in youth offending.
Speaker 3 (07:12):
Does it matter where an idea came from. If I've
continued funding it, that's not a success.
Speaker 10 (07:18):
Well, I just think it would help if they were
more honest with New Zealanders and actually told them that
this is something that Labor had started, that they could
see the benefit, and that they had decided to continue
and to expand. But instead they are claiming that this
is a success because of things like their failed boot
camp experiment, which like I said, had seven out of
nine of the young people reoffend, and they are continuing
(07:41):
to fund significantly millions of dollars and entrenching it into
legislation when they know it doesn't what they does.
Speaker 3 (07:48):
Labor believe that in the idea of deterrent, that you know,
the tough talk on crime, the penalties for serious recidivist offending,
and the threat of a boot camp, that that actually
can act as a deterrent to young people, that young
people are smart enough to work out that this government
(08:09):
won't let them take the mickey.
Speaker 10 (08:12):
I think we haven't seen any evidence that suggests that
that actually is a significant contributor to it. What we
know and what they are funding are programs like Circuit Breaker,
which they have extended, which is an intensive wrap around
interventions with young people as early as possible, and that
is what is having the most success in over seventy
(08:35):
five percent success rate. So I think that is what
we need to understand is contributing to this reduction in crime.
Speaker 3 (08:43):
If you want them to take response to give you
credit for the drop, will you take responsibility for the
fact that went up so dramatically under your watch In
the first place, it is clear.
Speaker 10 (08:55):
From the data and the statistics that there was a
spike of crime under labor and I think what we
want credit for is that we were in fact trying
to address that and doing something about it, and that
the programs take it in place.
Speaker 1 (09:09):
Do you take accountability didn't happen?
Speaker 3 (09:11):
Do you take accountability time? Oh, I haven't heard it yet.
Do you take accountability for the fact that it went
up so dramatically under your watch?
Speaker 10 (09:19):
What we take accountability for is that we did something
about it, and that that that what we introduced has
been successful in this government has carried it on. I
think they should give us more credits, but we didn't
hear it yesterday in the House and we didn't see
U thepr.
Speaker 3 (09:36):
Hey, how'd your meeting go with Ereka Stamford? Are you
going to work together?
Speaker 10 (09:40):
So we had quite a long conversation about NCAA and
the concerns that I'm hearing from the sector. It's really
over to the minister now to respond to those significant
concerns that are there with her proposal.
Speaker 3 (09:52):
Will O jeen Prime appreciate your time this morning. That's
Labour's Children spokesperson wants a thank you very much. Labor
eighteen hours to five news Talks. There'd be word of
wearable art and Wellington next.
Speaker 2 (10:04):
The first word on the News of the Day early
edition with Ryan Bridge and one roofe Love where you Live.
Speaker 3 (10:11):
News talks, there'd be five twenty on news Talks. There'd
be We just had Willer joen Prime on from Labor
and as you can imagine, we just about broke the
text machine this morning. This is one example for you, Ryan.
She took credit for the crime stats, but like Jippy,
won't take the blame or responsibility for things like the
state of the economy or the fact that the crime
stats got worse in the first place the problem. And
(10:33):
I think this is a really good point because we
had the poll out the other day from R and
Z that said people blame in terms of the economy,
people blame national for its current condition and state more
so than they do labor. That's a problem for the government.
Twenty one after five, Ryan Bridge, Well, the Rebel Arts
kicks off in Wellington today. You can expect everything from
(10:53):
dog bowl dresses to road cone gowns. Plenty of road
cones around to use. I suppose big crowds mean a
big boost for the Capitol and boy do they need it.
Meg Williams, as the World of Wearable Arts CEO, was
me this morning, Meg, good morning, good morning. Good to
have you on the show. What is the road cone down?
Speaker 7 (11:10):
Well, that was actually a supreme winner from last year,
which was actually inspired by our designers visit to New
Zealand a number of years ago after the Kai Carder earthquakes. Actually,
and she was many of our designers come over for
the show and then afterwards they take a trip around
New Zealand and on that trip she was really inspired
(11:32):
by the resilience of the country and how everyone had
pulled together after that, and so that was actually the
inspiration for that piece. It's a spectacular piece and yeah,
and so it just so happened that it came into
the competition last year.
Speaker 3 (11:50):
Meg.
Speaker 7 (11:50):
It's an example of the kind of invention and imagination
that that designers put to put to the task for Wow.
Speaker 3 (11:57):
How many of you are you expecting today, Meg, Well,
we open this week.
Speaker 7 (12:03):
We're pull on Friday, So we had our first dress
rehearsal last night, and across the season we expect around
sixty thousand, and many of those are from out of
the region, so we have about seventy percent from outside
of the Wellington region.
Speaker 3 (12:16):
And what we had road Cones you said was the
supreme winner. What are we expecting this year?
Speaker 7 (12:22):
Yeah, Well, I can tell you a little bit about
the show. The show is called Rise, and it's about
a city illuminated with the creative spirit. And so there's
a city scape in which we invite the audience into
six different sections and so the wearable our designers designed
for those sections. To give you a little taste of
a couple of those, we have avant garde, which is
(12:42):
kind of at the cature end. It's very beautiful and
in the show that the theme is less and infused
music and sultry, and we also try and make something
fly in that section that we sho shouldn't make fly,
which is a hallmark of what Wow does. We have
a section called Neon which, as you can imagine, it's
just a riot of color and our designers have really
(13:03):
gone to town in that section. That's just huge fun.
And the music soundtrack is this nineties inspired club hits
of some real banger, isn't that. And then we've finished
with Miss Climn Legends, which is ready for designs inspired
by the mythic and the finale is really a beautiful
operatic moment with an incredible vocal performance. So that's just
(13:26):
a taste of about half of what they wanted to
just can expect it well this.
Speaker 3 (13:30):
Year brilliant and sixty thousand people heading to Wellington got
to be a good thing. Meig, thank you very much
for your time this morning, and best luck with this
year's World of Wearable Art. Meg Williams as the chief executive.
It's twenty four after five and Bridge from the good
news for Hamilton christ Church too, i suppose, but probably
more so Hamilton. From the eighteenth of September you'll get
select services between the two cities with a jet that
(13:52):
coming back first time in twenty five years that a
domestic jet services back to Hamilton one hundred and seventy
one seat Airbus A. This will be alongside the turboprop
services thank you in New Zealand. This is approximately twenty
five thousand extra seats a year on the route. And
I just wonder has it got anything possibly, just wondering
anything to do with Jetstar's announcement of daily flights on
(14:16):
the same route just nine ten days ago. Now they
start the Jetstar ones in December. Who really cares? What
the reason is? Its competition and its frequency, and that's
got to be a good thing for the regions. News
Talk SEBB the early edition.
Speaker 2 (14:31):
Full show podcast on iHeartRadio Power by NEWSTALKSB.
Speaker 3 (14:37):
Five twenty six on News TALKSB. Did you see the
cops put out a handy warning for us all yesterday
hide tel escape or is it hide escape? Tell yes
the latter. The spooks their spires and Wellington reckon that
extremist violence is a realistic possibility in this country. Now
they've been saying this for some time, but yesterday you
would have seen a news alert about this new campaign
(14:59):
from police what to do during an armed attack in
a crowded place. Now you could think, well, maybe they're
just being prepared, and that's good. Good to be prepared,
better to know than not. But is there a little
part of you that also thinks do they know something
specific you know? Or are they following so many suspected
terrorists or potential terrorists that they've maxed capacity and feel
(15:21):
like it's time to inform the last line of defense
or self defense US. It's one of those things. I
was thinking about it last night after watching the news,
and you wonder whether maybe I'm just being a bit paranoid,
or is this so plain and obvious that everyone else
assumes the same thing. You had Luigi Mangioni over in
the US. This is the young guy who hated insurance
(15:42):
companies and assassinated a CEO in cold blood. Allegedly, you
had Tyler Robinson over in the US. Again, he was
in there. Another young guy strong views allegedly took his
granddad's gun to university to shoot and kill a guest
speaker They reckon hear. The risk remains low, but the
threat is growing. The most likely scenario would involve a
(16:05):
loan actor radicalized online through dangerous ideology and grievances, and
the cops said explicitly, this is you know, this is
something that is just one click away. It's not hard
to find. It's not like it's on some far flung
corner of the Internet. Now, given all of this, just
think carefully about the stuff that is said on social media,
(16:29):
about grievances and about extreme language, and the need to
do something about it. A recent survey of business leaders
here found more were worried about extremism than interest rates.
And I think most reasonable kiwis if they're not, they
should be as worried about it too. The CoP's advice
(16:50):
this week is an update on some similar stuff that
they released after the mosque shootings. And you just hope,
like hell that we can figure out as a society,
figure out a way to talk and reason with one
another before something happens as bad or worse than that.
Ryan Bredg on News Talk said, b twenty nine minutes
(17:10):
after five, we'll get to the US and the GDP
number out today. It'll go backwards, but quarter three should
come back all ahead. On News Talks, Heed be early edition.
Speaker 2 (17:32):
Get ahead of the headlines on an early edition with
Ryan Bridge and one roof Love where you Live News.
Speaker 1 (17:39):
Talk set B.
Speaker 3 (17:45):
Good morning, Welcome to your Thursday's twenty four minutes away
from six before six, we'll talk about the GEDDPS GDP
day today. Nothing to celebrate, of course, Thank you Donald Trump,
Thank you Tarris. We will speak to Mike Smith from
Banzaid about that before six o'clock this morning. And we'll
also to the US where the federal reserve is about
to cut by a court were expected to cut by
a quarter of a percent. Do you recognize this song?
(18:12):
Nine nineties reference for you our cartoon animated series called
Where in the World Is Carmen San Diego? And the
reason I'm playing this for you? It was a woman
who wore she was a thief and wore a really
wide brimmed red hat. You may remember this, I certainly do.
Great show. She was sort of like a Robin Hood.
She was a thief, but then she gave back that
(18:32):
kind of thing. Anyway, The series was started because they
did a survey of American kids realized none of them
had any idea about geography. They couldn't point to the
Soviet Union as it was back then, all the Pacific
Ocean on a map, so they thought, let's create a cartoon. Anyway,
So she wears the wide brimmed hat. That's basically what
(18:53):
Malania Trump's wearing in the UK for the state visit today.
It's purple because Donald Trump's tires purple. It were a
similar one to because everyone likes talking about what Milania
is going to wear. She wore it's much like the
one she wore to the inauguration, which was navy and white.
So she's got a hat slash come umbrella. And you
can't kiss her on the cheek because all the royals
(19:14):
are their cates. They're trying to kiss her on the cheek.
You cannot get a looking otherwise you get a poke
in the eye. And that's I don't know that on purpose.
The other thing is they reckon because when she slightly
tilts her head, you can't see any of her face,
and the Vogue magazine, you know, they were all across
that they reckon. It's because she wants to be unseen
so that all the focus goes on Donald Trump, the
(19:37):
more important one in the room. Apparently twenty two minutes
away from six there's some trivia for you, Ryan Shadowy
reporters around the country. Color procter into need in this morning.
Color good morning, morning, right, final day for public to
have their say on Wanaka Airport. Yeah, that's right.
Speaker 11 (19:55):
This has been the second round of community engagement for
the airport. It was launched with the public encourage to
share their views in an online survey. It covers five
possible future scenarios about the airport's long term role, ranging
from closing it down altogether to developing it into a
domestic or international airport. One of the local councilors is
(20:16):
Lyell Cox from the Wannaka Upper Kluth Award. She says
it's been great to see how enthusiastic the community has
been with feedback. She says it's important to everyone in
the airport and so the consulting process so far has
meant that feedback has been clearly captured.
Speaker 3 (20:30):
All right, how's your weather.
Speaker 11 (20:32):
We've got showers here from late morning, strong southwest change
today the high fourteenth.
Speaker 3 (20:36):
Nice one. Thank you. Claire in christ Church morning, Claire,
good morning. Got a night trade emergency there.
Speaker 11 (20:42):
Yeah.
Speaker 12 (20:42):
This was a heated debate at the Regional Council yesterday
Ryan nine councilors voted for and seven were against declaring
this night trate emergency. It's after some groundwater testing found
increasing levels of night trade in the majority of monitored
sites here. Of course, night trade and drinking has the
potential for the likes of blue baby syndrome. There's also
(21:04):
quite a lot of growing evidence around its potential link
to bowel cancer. So this whole idea and the motion
was put forward by Regional Council of Vicki Southworth, who
says that council's work has simply not been enough. She
says it's not complicated, there simply needs to be less.
Cows E Can chair Craig Pauling supports the decision, saying
he hopes it sends a clear message that enough is enough.
(21:26):
But interestingly and unsurprisingly, the likes of Federated Farmers are concerned.
They say it's alarmist, it's disappointing, and they've even gone
as far as labeling it a political stunt.
Speaker 3 (21:36):
How's your weather?
Speaker 12 (21:38):
Mainly find some scattered channels developing a bit later, could
be some thunderstorms as well. Westerly is turning strong southerly and.
Speaker 3 (21:44):
Nineteen she is Claire Max and Mellington. Morning Max, good morning.
You've got a judge ordering police to give back a
mongral mob patch. Yeah, amungle.
Speaker 13 (21:53):
My member stopped on his motorbike by police at three
am at a traffic stop in Lower Hut had his
patch seized which he was wearing. The District Court has
now ruled the police handed back. This is the second
time I believe a court has done this in the
past few weeks. Judge Bruce Davidson says it's display involved
no public disorder, threads or violence. All the patch did
(22:13):
was get this guy stopped by police and everyone is
subject to the same property rights. What it does suggest, though,
is perhaps a bit of disconnect in terms of how
to enforce the patch ban. But there is more to
the story. What was noted was this guy was uncooperative,
verbally aggressive to police, refused to breath test, hardly a cherub.
He didn't have a motorcycle license either. What he did
(22:35):
do was promising court he won't wear it in public again.
But we'll see about that.
Speaker 3 (22:40):
Okay. He sounds like a reliable sort. Yes, that's the next.
Speaker 13 (22:45):
Mainly fine, other than some showers and those gale winds
should be easing fairly promptly sixteen.
Speaker 3 (22:50):
Nice one, Thank you neither an Auckland. Nice to see
you neither after you weren't here yesterday. You were missed,
Were you?
Speaker 14 (22:59):
I wasn't willing to And just when I heard Mex
saying about those wild ones, I was caught up in that.
I was wheeling my suitcase across the road, you know,
and CBD. I was staying at Ridges and I was
wheeling my suitcase. I thought, oh, I'll be fine, I'll
be fine. Nearly got blown off through the intersection.
Speaker 3 (23:14):
Ah, now you were missed. Yesterday was bloody, windy, and
you can crush these two lots of winter. Yes, you
have the pets, the shelter for pets who have been
caught up in family violence. They're putting a bit of
an urgent call out.
Speaker 13 (23:27):
Yes.
Speaker 14 (23:28):
Now, look what's happening is that they need a blanket
weight list. Now this is due to surging demand, so
Pet Refuge it's introduced weightless for every type of pet. Now,
this is the first time in four years that they've
had to do. You know, the weightlists the service provides shelter.
This is were up to four months while victims find
new housing. Julie Chapman, she's a founder. She says, what
(23:48):
they know of people on the waitlist, you know they're
staying in you know, like these unsafe environments to protect
the pets. So she says getting the ten pets off
the weightlist as soon as possible was cruse. They just
don't need the funds, so that's why they've got this.
They're asking for more donations. Yeah, I probably should have
said that first. So yeah, you know, if you've got
extra money, you think we's never going with the story.
Speaker 3 (24:11):
Well, I sort of thought, do you know, for the
first glance at first blush, I thought that there was
a witless for blankets they needed blankets donated. Well, but
but it's a blanket wait list, not a weightless for blanket.
Gotcha neither. How's how's our weather? Okay, well we've got.
Speaker 14 (24:29):
Showers turning to rain late morning afternoon eighteen is a high.
That's you know, spring spring, isn't it nice and warm?
Speaker 3 (24:36):
Neva? Thank you? It is seventeen minutes away from six
year on news talks.
Speaker 2 (24:39):
Be we'll get to the US next international correspondence with
ends and eye insurance.
Speaker 1 (24:45):
Peace of mind for New Zealand business. According to Sex,
We'll get.
Speaker 3 (24:48):
To GDP next. The Royals are out and force for
Trump's first day of the state visit at Windsor Castle.
That says, you got protests in London. Tony Waterman as
our US correspondent, good morning, good morning.
Speaker 1 (25:00):
Yeah.
Speaker 3 (25:00):
So he loves a bit of the pomp and ceremonies,
getting lots.
Speaker 1 (25:03):
Of it over in the UK.
Speaker 4 (25:06):
Yeah, he certainly does. This is right up Donald Trump's
ali He often has talked about how his first state
visit to the UK was the highlight of his first
term in office, and he's been given not just another
state visit, but a state visit, you know, on steroids
where they've really brought out the biggest, the best of
(25:26):
everything for Donald Trump to kind of feed into this
part of his personality and really try to highlight this
special relationship between the UK and the US. There was
a ceremony at Windsor Castle. There was a red Irol's
fly past. Trump and the King and their respective wives
were in the carriage full of gold. This is right
(25:49):
up Trump's alley, and he's really, it seems as if,
really enjoying everything that's taken place so far in the.
Speaker 3 (25:55):
US we've got you fed right, highly anticipated, and what
must be how from now now?
Speaker 4 (26:01):
Now, Yeah, we're going to be hearing in just about
thirteen minutes from now about whether or not the FED
is going to make this twenty five basis point cut,
the first cut that would happen so far this year.
The FED is really struggling to balance it's two mandates,
which is low inflation and full employment, because both of
those things are going in opposite directions right now. But
(26:23):
it seems as if they are going to cut the rate.
I think what everybody's going to be looking at are
the descents. Not normal for the FED to have descents,
but we did see this on the last meeting. And
now that Trump has, in the last you know, twenty
four thirty six hours or so, put in one of
his top economic advisors onto the Governor's board, we'll see
(26:45):
if Steve Myron puts in a descent saying that the
rate should have been cut much lower. But you know,
there's a lot of questions about the Fed's independence right
now as Trump tries to restack the Governor's Board that
hopefully in his view, to be cutting interest rates at
a much faster rate.
Speaker 3 (27:02):
And does that put pressure on them, and is it
the softer jobs or the Trump pressure that does it?
Speaker 1 (27:06):
In the end?
Speaker 3 (27:07):
Tony Vorderman from our US correspondent this morning, Thanks for
your time. It's just gone twelve to six. Ray and
Bridge shitty back home. GDP day today. Quarter two numbers
due out at ten forty five. Most bank economists expecting
a point four drop, worse than the reserve reserve banks
expected point three, but optimism remains for a quarter three
bounce back. Mike Jones, b n Z Chief Economist, Morning, Mike, A,
(27:29):
you're right, you're slightly more gloomy than the rest of
the bank economists.
Speaker 9 (27:33):
Why a sliver more gloomy year half percent decline is
what we're picking, not too far from the consensus, but
you know, when we add up all the numbers, that's
what we get. I think it's pretty clear that the
economy fell into a bit of a pothole in the
second quarter. That we'll just get out from this morning's
numbers exactly how.
Speaker 3 (27:52):
Much, And obviously this is backwards looking. Do we expect
quarter three will giveth back what quarter two taketh.
Speaker 9 (28:01):
Largely? Yeah, we think this is probably the low point
we've actually just lifted our fooka for the third quarter.
The could have announced at two point seven percent. We've
got a few lumpy factors in Q two we think
will come out and help us in the current quarter.
Butible pictures stabilized a little bit. We've had more rate caps,
so those things should help.
Speaker 1 (28:21):
Restore a bit of go forward.
Speaker 3 (28:23):
How are you worrying other services? Sect the manufacturing numbers
that we've had, they.
Speaker 9 (28:29):
Not what we would have liked or perhaps expected. I mean,
if you've sort of looked through the trend in those
PMI and PSI numbers, it is still positive, but kind
of barely. There's not a whole lot of momentum there,
but it does seem like, generally speaking, a step back.
The numbers are tilting in a positive direction, but looks
(28:51):
like it's just going to take a little more time
before we're kind of properly back up and been growing again.
Speaker 3 (28:57):
The interesting piece on interest dot co use today saying
that the December and March bumps that we saw were
more relief activity rather than the start of a real recovery.
Do you agree with that or do you think that
it was we were on the way and then it
was Trump and trade hitting sentiment and affecting everything.
Speaker 9 (29:17):
Yeah, look, there's possibly a bit of that. I think
there was some genuine growth happening. It's a two steps forward,
one step back sort of growth pattern. I think the
growth outlooks just relatively fragile. It's stopped start because we
don't have blowing in our favor some of those things
(29:38):
that often help us in a recovery, things like rising
house prices and booming migration, extra government spending, that sort
of stuff. So without that stuff, I think we're going
to stay in this sort of choppy still a recovery,
but a choppy back and forth, stop start sort of environment.
Speaker 3 (29:54):
Mike, the most important question on everyone's lips, especially Christopher Luxon's,
when does your average household actually start to feel like
things are getting a bit like we're getting ahead.
Speaker 9 (30:06):
Yeah, I mean that's the big question I think for
us when we look at the outlook, it's going to take.
We think until probably that the final quarter of this year,
for example, so Q four before GDP is back up
to that high watermark of the start of last year,
and at that time we're going to start to see,
(30:26):
we think the unemployment rate start to turn down it's
going to take some time, but that's when we might
think the labor market will start to turn. I think
that's probably when households will start to feel a little
more confident and better about the economy. But there's no
doubt it's going to be probably well into next year
(30:47):
before it actually kind of feels properly, properly like in
a recovery.
Speaker 3 (30:50):
All right, might we live in hope? Thanks mate, and
Mike Jones bean Z twop economist with us this morning.
It is nine to six News Talk ZB.
Speaker 2 (31:00):
Radio and online on iheard radio early edition with Ryan
Bridge and one roof Love where you Live news talks had.
Speaker 3 (31:08):
Been it is six to six news Talks, there'd be
the Hero's got an interesting piece today. This is on
the foreign tourist tax and the amount that you pay
when you come into New Zealand went up. They put
it up from thirty five bucks to one hundred bucks.
This is last year. And the idea was, at least
they made it sound like the idea was that you
would fund tourism hospitality. You know, you'd maybe get a
(31:30):
toilet so your freedom campers weren't doing their business in
the bushes and you'd fix some dock tracks. The budget
documents show they have expected revenue of one hundred and
ninety to two hundred twenty nine million, depending on how
many tourists you have come in here, and one hundred
to one hundred and forty million of that guess where
it's going into the government's coffers. Through a bit of
a switcher route. You substitute the cash from the foreign
(31:52):
tourists for Crown funding. Gives them a bit of extra
money to play with, a bit of fiscal headroom. Local
government New Zealand not happy with that. Foreign bird, not
happy with that. The World of Wildlife fun.
Speaker 1 (32:02):
Do we care?
Speaker 3 (32:03):
Not happy with that. The tourism lobby a little more understanding.
They just want an incremental increase to the overall funding.
So there you go. Is that what you expected or
is that actually because the politicians what you expected? Five
to six Brian Bridge, Mike's with us now morning, Mike Morning.
Speaker 8 (32:19):
We'll have old tamar on with that money question. I
can't I don't know the answer, my miny question around
it in forward budgeting, whether or not they didn't know
what they were going to get and therefore they've got
more than they thought therefore they'll give what they thought
they were going to get to, and then when they
get more, they can give more. What when they get more,
they'll get when they get When they get more, they
give more. So I say, I'll I'll give you ten bucks.
(32:39):
I think I'm getting ten bucks. Whoops, I've got twenty. Yes,
so now I've got twenty, I'll give you twenty. So
I don't know that they're not going to go down
that track, or they might just be keeping the money.
Speaker 3 (32:47):
We'll look at that. What else have I got for
you this morning? The youth offending?
Speaker 1 (32:51):
Yeah, good news.
Speaker 3 (32:52):
Well, of course it's good news.
Speaker 8 (32:53):
It's it's it's don't play your journalist.
Speaker 6 (32:56):
Is that good news?
Speaker 3 (32:58):
Well? Even Willow Jene Prime said it good news, but
she insisted that she get a thank you because it's
her programs that did it good on her. She had
a meeting about that. Yet, no I asked her about
the meeting with Erica though, yes, what she say? She said, Well,
I would only say that she had raised her concerns
and she's now bulls now in Erica's court to do what?
Carry on? Come the government come back to her for
(33:21):
goodness sake?
Speaker 8 (33:21):
Anyway? So we'll look at the youth offending and the tourists,
and a young bloke called Jacob Douglas. We're big on
this program of young guys. You've never heard of him,
but he's on the road to Indy. This is motor racing.
So he left home at sixteen and went and moved
to Indianapolis where he's been living ever since. And he's
he's another Scott McLaughlan, another Scott Dixon, another New Zealand
(33:42):
of flying the flag at the highest level of motorsport.
Very cool, by the way, just quickly did or did
not Milania out dress Kate?
Speaker 3 (33:50):
Yes she did, she did. But there's something about those hats.
I don't know why, impeatable. More people aren't wearing them though.
Speaker 8 (33:56):
Couldn't even you'd look half beast in the hat had
that because it hides your face.
Speaker 3 (34:02):
All right, Mike's with you next, everybody, We've got a
fit rate cut coming soon and more on GDP throughout
the morning News Talk set B. See tomorrow.
Speaker 1 (34:12):
For more from early edition with Ryan Bridge.
Speaker 2 (34:14):
Listen live to News Talk st B 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
The Breakfast Club
The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!