October 1, 2025 • 34 mins
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Speaker 1 (00:01):
The issues, the interviews and the insight. Ryan Bridge on
earlier ship with one roof Love, where you Live, news talks,
there'd be good morning Thursday.
Speaker 2 (00:11):
Mitch McCann's stateside for US. This morning, we've got reaction
to the energy plan, will talk, Nigel latter House price
update for you, a warning from Europe on Russia, and
the hot new actress who's never acted a day in
her life. The agenda Thursday to second of October. The
U has shut down. Everyone's blaming everyone else.
Speaker 3 (00:28):
Democrats want to.
Speaker 4 (00:29):
Play political games with the lives and the lablihoods of Americans.
The simple truth is Democrats in Congress have dragged our
country into another reckless shutdown to satisfy their far left beast.
Speaker 2 (00:40):
Thousands of work is going to get furloughed, unpaid leave.
Speaker 5 (00:43):
They're taking a risk by having a shutdown. Because of
the shutdown, we can do things medically and other ways,
including benefits. We can cut large numbers of people, and
we don't want to do that, but we don't want
fraud waste.
Speaker 2 (00:58):
Interviews Mitch mccannon on that later and show. We're tracking
Greta Thunberg's flotilla this morning. Yesterday they entered a high
risk zone now though they are being accompanied by Spanish
and Italian naval vessels, and you know what that means,
don't you? Burning fossil fuels to get there.
Speaker 6 (01:14):
Israel has already made clear they are not going to
allow this flotilla of some forty civilian ships, five hundred
people and palettes of ad to actually make it to
the Gaza Strip. And we know in the past that
they have used force to prevent that from happening.
Speaker 2 (01:28):
But at late night, on late Night, Jimmy Kimmel went
and saw Stephen Colbert talk to him about the moment
he was pulled off here. Meanwhile, there's the whole audience.
They're in their seats.
Speaker 7 (01:37):
Well wait, I didn't know that your audience was already loaded.
Speaker 1 (01:39):
They are loaded and in their seats, ready for the show.
Speaker 2 (01:45):
The news you need.
Speaker 1 (01:46):
This morning and the in depth analysis early edition with
Ryan Bridge and one roof Love, where you live.
Speaker 2 (01:53):
News talks at be great to have your company. Eight
after five now N nine two is the number to
TIXS would love to hear from you. Most interesting thing
I think to come out of that Frontier report yesterday
was about contact energy, so big issue they laid it
out on the table yesterday. Is getting these energy companies
to invest in new generation, more supply, brings prices down,
(02:14):
keeps the country running, helps prevent the shortages, et cetera,
et cetera. And everyone's saying, oh, well, we need to
renationalize them, you know, otherwise they have no incentive to
build new generations so they can keep prices higher. The
Greens have said this. New Zealand first bangs its drum
about this, let's buy back the remainder and renationalize these
(02:36):
energy companies. Corporate greed will do bad things to a business.
But what this report proves is that they're wrong. Contact
is privately owned. This report tells us that Contact Energy
has built more generation at a faster rate than the
ones the government controls. So you've got to ask yourself,
(02:57):
if the only private company in the mix is doing
more to benefit the whole country than the three we
do own, why on God's green Earth do we own them,
let alone want to own more of them? Ryan Bridge
two the number to text coming up next. There's a
small change, And when I say small, I mean zero
point one percent in property prices and values. Do we know?
(03:21):
Is that something we're celebrating. We'll look at that next.
Speaker 1 (03:24):
The news you need this morning and the in depth
analysis Earl edition with Ryan Bridge and one roof Love
where you Live news talks.
Speaker 2 (03:33):
I'd be five eleven. I spent a bit of time
yesterday going to the doctor to get a prescription, then
going to the pharmacy to pick up the prescription. It
was for a thing called malatonin, which helps you sleep.
And if you work wet hours, or if you're really
old and you can't sleep, then malatonin is quite good
for you. And then five o'clock this morning there's an
embargoed release that comes in. I have it for you.
It's now going to be available over the counter. So
(03:54):
from so, I could have just said a whole lot
of time yesterday anyway. The one that the brand that
they are putting out their Vigitism, I think is how
you say it. Unlike immediate release malotone and medications, Vigism
allows for malatonin to be released gradually over eight to
ten hours, mimicking your body's natural malotonein action, providing coverage
throughout the night rather than just knocking you out cold
(04:15):
and then you're waking up again in three hours. This
will keep you asleep. Twelve after five r and Bridge
speaking of a sleep, that's what the property market's been lately.
But jeep, we're celebrating this morning because, wait for it,
September property prices, according to Cotality showed some increase zero
point one percent. This brings an end to five straight
months of waning property values. Joining me this morning, Nick Touff,
(04:37):
the asbchief E, condoms Nick, good morning.
Speaker 8 (04:39):
Good morning.
Speaker 2 (04:40):
Good to have you on. Is this? I mean, look,
it's monthly data. It's zero point one percent. Will the
real estate agents be cracking out the champagne? Do we think?
Speaker 8 (04:48):
Oh? Well, at the moment, we've been looking for any
excuse we could. When it comes to the housing market,
it is one tenth percent. But when you look at
various housing measures we did have, you know, a bit
of a burst of activity where prices were lifting slightly
late last year early this year, and things didn't look
like they petered out. So if we do start to
see the property market picking up, it's just one of
(05:11):
those economic signs that people are starting to get out
of the infrastrate hibernation that they've been in for a while.
Speaker 2 (05:19):
The regions doing well Totong a Bay of Plenty? What
do you put that down to?
Speaker 8 (05:25):
Well, when we did our ASB Regional School, we actually
had the Bay of Plenty at the top. And one
thing that when you're looking around the country at the moment,
you tend to see areas that have had good, good
export incomes or tourism have done well. And that's the
pending example with two bumper seasons of ki freed exports.
Speaker 2 (05:45):
For example, are people buying you mentioned tourism, are people
buying homes there to rent for tourism like airbnb?
Speaker 8 (05:53):
Well, with Torong, it's probably more around the income that's
come through. We've seen jobs lifting up, spending lifting up there.
For example, the bottom of the South Island had a
really great run. And one thing I'd put that down
to is around the Central Lakes and the spillover effects
around the region would be that tourism, it's not just
(06:14):
the people coming and wanted to buy properties, but also
the need for workers as well. So that's something in
recent years where the Lakes district, even though it's come
off the boill this time now it's hit that population
pressure and that needs for housing.
Speaker 2 (06:26):
Nick, what's the lag everyone in the big cities. This
morning I'll be thinking, well, that's great for Toling, a
great for Southland. But what's the lag between Because normally
it's the other way around. Auckland would lead a property
price resurgence and then the regions would follow. This time,
it seems like it's in verse. When will the city
start to see something?
Speaker 8 (06:46):
We will start to see something, I think over time. Look,
one challenge with Auckland and particularly Wellington, as they've gone through,
they went through big booms, they went through big, big busts.
One challenge that we do have a number of markets
is actually a lot of stock sitting on the market,
so we actually need more activity. We need the sales
activity to pick up start eating into that stock on
the market doesn't really get some sort of more noticeable
(07:08):
lists and prices, so supply versus demand, there's a lot
of supply. People are still being a little bit cautious
and we've seen that in house sales recently they've actually
edged back down, so people haven't sort of quite got
out and embraced a sort of buying cremzy at the moment.
Speaker 2 (07:22):
Be fair to say, Nick, appreciate your time this morning.
Nick Tuffley asb Chief Economist. It's quarter past five News Talks.
There'd be up next Nigel Latter and his Gut Health Mission.
Speaker 1 (07:31):
The first word on the News of the day Early
edition with Ryan Bridge and one roof Love where You
Live News Talks.
Speaker 2 (07:39):
They'd be five eighteen coming up before the news at
five point thirty. I'll tell you why what happened yesterday
is probably actually more our fault than the governments or
the coalition governments. I should say, more money out the door,
staying with them for a second. This is after the
quarter two reality check on the economy. Money on the
line at least, maybe not so much out the door.
This is a boost for construction. The government announcing the
(07:59):
end production of a new loan guarantee scheme. This is
for community housing providers. Two thousand new social homes will
be delivered and the Crown will guarantee eighty percent of
the loans through banks Ryan Bridge. After a battle with
lung cancer, Nigel Latter has died at the age of
fifty eight. He was an author, a psychologist, a broadcaster.
People loved him. He was interparenting and healthy eating. Also
(08:23):
became a campaigner for the Gut Cancer Foundation. The Foundation's
chief executive Liam Walls. Willis rather is with me now, Liam,
Good morning, Good morning Miner. Very sad lost. There will
be a lot of people are listening to this show
who know Nigel well, who've heard him on the radio,
on the seen him on the TV over the Year's
very sad day.
Speaker 3 (08:43):
It's a really subd rine. Yeah, and look of first
to foremost star hot Scotch at Nigel's family, to Nutley's
wife and his children, who are obviously the hardest by
this loss. But Nigel was a huge character for New
Zealand and I think the whole country will bid morning.
Speaker 2 (08:59):
Is lost to what drove him to be He was
very passionate and he was very determined what was behind that.
Speaker 3 (09:09):
I think Nigel had an incredible positivity to everything that
he did and he really brought that to his challenge
that he faces with his face with his stomach cancer
diagnosis as well, and he wanted to use the challenge
that he faced to make sure that he could help
up us. I think that's what really drove him in
(09:30):
this last year after his diagnosis particular, and he was
really really keen to ensure that we could raise the
profile of stomach cancer and make sure that people were
aware of those symptoms and risk factors and make sure
that people were getting access to the treatment that they
needed as well. So I think that's what really drove him.
Speaker 2 (09:50):
The GAT Cancer Foundation. What exactly do you do?
Speaker 3 (09:54):
Yeah, So at the Gut Cancer Foundation, we support patients,
we fund research, we raise awareness into cancers of the
digestive system. So that includes stomach cancer, which was what
Nigel was diagnosed with, but also pancreas cancer, liver cancer,
bowel cancer, a sophageal cancer as well. So there's about
(10:15):
six thousand patient and say every year that a diagnosed
with one of these cancers, and unfortunately, for particularly for
cancers of the other digestive system, that the outlook in
the prognosis is really poor. So it's really important that
we play a role as a voice for that community
and advocate. But it's also incredibly important when somebody is
such profile as Nigel is so open about his journey
(10:39):
as well, because it really does help us to bring
better awareness and profile to these cancers that often aren't
talked about.
Speaker 2 (10:45):
Are these cancers preventable? What should we you know? What
if there's one thing we can take away today that
we should be doing that we weren't doing yesterday.
Speaker 8 (10:53):
Yeah.
Speaker 3 (10:53):
Look, I mean a lot of these cancers can be preventable.
That there are some lifestyle factors that go into the
these cancers. But I think what's really really important is
to understand your body and to know what's You understand
your body and you know when things aren't quite right. So,
for example, the stomach cancer, if you get full after eating,
(11:15):
if you're unexpected weight loss, if you've got an naisier
or bloating in your stomach that's unusual. What's really important
is we listen to our bodies and we go and
get it checked out. Because what we know above anything
is early detection is key. And with a lot of
these cancers, the reason that that the prognosis is so
poor is because the detector is so late. So the
(11:37):
earlier we can get these cancers detected, and that means
getting the symptoms checked out at your GP and getting
those tests thats needed, then the better the chances that
we can treat the cancer.
Speaker 2 (11:47):
Liam, appreciate your time this morning, Thanks for being with me.
That is Liam Willis, who's the chief executive of the
Gut Cancer Foundation. Nigel Lader died of guesstric cancer. He
was just fifty eight. You've got to feel for his wife, Natalie.
Speaker 1 (11:59):
The earlier this full show podcast on IHARM Radio, Power
It by News Talks at Me.
Speaker 2 (12:06):
Five point twenty four. So September's numbers, this is for
US jobs, this is private sector jobs. They've got a
number out overnight, so they've shared thirty two thousand private
sector jobs for September. They lost three thousand in August,
and the pundits were expecting that for this month they
would gain forty five thousand jobs. So you're off by
about seventy five thousand, and not in a good way.
(12:28):
This is a problem because it's a sign that the
labor market there is a bit shaky, and we've been
seeing signs of that lately. Unemployment is not yet ticking out.
But what you have is a whole bunch of people
as hiring is slowing down. You've got a whole bunch
of people in jobs that were starting to worry a
little bit about job security. And that's not good because
the Americans have got very resilient consumers and they keep
the country going, the domestic economy going. So what does
(12:50):
all this mean well, probably just means more cuts from
the FED in the near future of twenty five after five.
Brian Bridgley, yesterday was MMP in action. It was exhibit
a of a coalition government without a single party with
a clear mandate, You end up with piecemeal positions. You
get a report done, then your cherry pick which options
are palatable to everybody and effective for nobody. In this case,
(13:12):
they picked just two of the ten options in the report,
which they ordered two. Imagine ordering a pizza and eating
two slices. Waste of money. Seewar would have liked, of course,
the option of flogging off the fifty one percent of
the energy companies that we do own. But on the
other hand, Martua Shane wanted to buy the rest back.
It's what we call a political halfway house. Critics on
(13:34):
this side say we needed more intervention, Critics on that
side say we need less. What we voters need to
decide is whether this country needs bold action or incrementalism.
Do we need radical or do we want compromise. In
twenty twenty, Jacinda Adjourns scored the first single party majority
since nineteen ninety three, first under MMP and then burn
(13:56):
the reputation of absolute power. Basically, let's be real, nobody
going to give national carte blanche come twenty twenty six.
So if the polls and the moods of the boardrooms
and the talk on the streets actually reflect reality, then
we need to decide which side we want national pull
towards economic nationalism in New Zealand first or free market
(14:17):
libertarianism and act. And until then we'll get more reports
firing out blank recommendations, more decisions that appease everyone but
fix nothing. This decision basically went down like any three
way messy, hard work took ages, and no one really
leaves completely satisfied. Six after five, let's go to Europe
(14:39):
because there's a big EU summit happening in Copenhagen and
Meta Fredericson, who's the Danish Prime minister, has said world
War II Europe is basically as dangerous now as it
was at the end of World War Two.
Speaker 9 (14:53):
So if you look at Ukraine from a European perspective
instead of a national perspective, if you look at Russia
and hybrid war from a European perspective instead of from
your own national perspective, then I think everybody has to
be on the same peach that we have to rearm
all of us.
Speaker 2 (15:10):
Yeah, and basically we need to get the guns out,
get the planes in the air, try and stop the drones.
So they're having a meeting about that today and they'll
see what they can do. Snapchat, which this is a
weird story because I always thought Snapchat was something. The
point of it. It's one of the social media apps,
by the way young people use it. I thought the
(15:30):
point of Snapchat was that you send somebody a photo
and it has a countdown timer on it, and so
the photo will only appear for so long and then
it disappears. So you can imagine what people I mean,
I assume what people send each other. I mean, I
don't really know why you would want to disappearing photo,
but anyway, that's what people have. Apparently it's not apparently
(15:53):
there are Most users have stored thousands and thousands of
photos and videos that they have been sent or that
they have taken and shared onto the app, and until
now that has been a free thing to do. And
these companies, I mean, you get these businesses and they've
got huge reach, everyone's using them, but are they actually
(16:15):
monetizing them. You know, that's always been their problem. Well,
Snapchat has come out and said we will start charging
you for the storage. So it's going to be priced
at a dollar ninety nine. This is us I'm sorry,
dollar ninety nine per month, with two hundred and fifty
gigabytes included in the three dollar ninety nine a month.
This is for the Snapchat Plus subscription. Now this is ang.
(16:38):
You know, all of the young ones are up in
arms about this because they didn't know going in that
they were going to be charged to store all their
photos and videos, and now all of a sudden they're
turning around and they're being charged for storing all the
photos and videos. Presumably it costs Snapchat to store them,
so I don't know. It sounds like it's probably reasonable
to me. But there you go. If you have Snapchat,
you'll be paying for the privilege. You're on News Talks EDB.
(17:02):
A little update for you on farmers whether they'll go
and splash that cash we've all been talking about. Plus
we'll get to Mitch McCann Stateside and Electric Keyweek on
the energy changes before Top of the Art News Talks B.
Speaker 7 (17:30):
Waiting for the.
Speaker 1 (17:35):
On your radio and online on iHeartRadio Early Edition with
Ryan Bridge and one roof Love where you Live, News
Talk sed B.
Speaker 10 (17:50):
It's pretty far.
Speaker 2 (17:51):
Away from the six year on News Talk, said B.
Welcome to your Thursday morning. Great to have your company,
Michelle says, Ryan loving the program. Any particular brand of
melatonin that you would recommend, Michelle, I don't think I
can should recommend drugs on the air, but the one
that I'm using is sicardon. I think it's called with
a C. Michelle says She's tried a lot of them,
(18:12):
hasn't had much luck. If you ef and out double
the dose, it's basically my advice to you. Hey, a
really interesting story. This is a beautiful articulate can do anything,
can act and a rom com, can act and an
action thriller and a horror whatever. She's Dutch. Amazing new
(18:34):
actress on the scene. Have you heard of Tilly Norwood.
She's Dutch, but she doesn't really have an accent. She's
got a big social media following. Now she's got real
girl next door vibes.
Speaker 11 (18:46):
He Hey, listen, well, this new actress is turning heads
in Hollywood today after making her big screen debut, a
performance that comes with a catch. It's AI generated. Tilli
Norwood has caught the attention of into agents, but real
life stars have raised a number of.
Speaker 2 (19:03):
Concerns, including where we didn't hear from her in there,
but she basically looks and sounds completely real to me.
Not an actor. It's a computer generated AI actor and
all of them. I mean, you can imagine the screen
actors that orders come out. They've said, it's not an actor.
You can't do this. You put in countless professional performers
(19:24):
out of work. Emily blunts come out overnight. She said,
it's really really scary. She's encouraging the agencies do not
do it. Don't take away human connection, all that sort
of stuff. The thing is, I was thinking about it
this morning. When I go to the movies these days,
and I'm I'm just like, I'm old, I'm just sort
of middle aged. But when I go to the movies
these days, I couldn't tell you half of the actors
(19:46):
that are acting. So if I don't know who they
are to begin with, does it matter whether the AI
or not? And if that makes the movie cheaper. That's
the world we're living in, isn't it. Twenty two minutes
away from six Ryan Bridge, Shelen City hold It results
out and Callum Proctor has them for us. Collum, good morning, Yeah,
morning Ryan.
Speaker 12 (20:04):
It's good news. For the third consecutive year they're posted
a profit. Deneeda City Holdings. This is the group owned
by the city council. It includes Aurora Energy and deneed
An Airport. So they've reported a net profit of nineteen
point four million for the year ended June thirtieth, a
third year in a row. It's seven and a half
million above budgets. Seventeen million dollars gets distributed to council.
(20:27):
The chairman is Tim Loan. He says, look, it's another
positive result which helps mitigate pressure on ratepayers. Here he
says the result though, needs to be balanced with reinvesting
to protect the value of their companies for future generations.
Speaker 2 (20:41):
And Ryan.
Speaker 12 (20:41):
It comes as the council's latest opinion surveys also been published.
It reveals eighty two percent of residents are satisfied with
the city's reserves.
Speaker 2 (20:48):
Great, how's your weather morning?
Speaker 12 (20:51):
Frosts about this morning so mainly find to start with
chance for shower later in the day.
Speaker 2 (20:55):
The high today just eleven cheers Cortney christ Church, Good morning, Courtney.
Speaker 13 (20:59):
Good morning Ryan.
Speaker 2 (21:00):
This who's behind this big overseas donation to full Balies.
Speaker 13 (21:04):
So that's the grund Foss Foundation and they've donated seventy
five thousand dollars to full Ballys to help them deliver
twelve hundred lunches to six hundred kids across twenty five
Canterbury schools every week. Charity program manager Taylor Neil says
there's always more kids to feed, so this will help hugely.
She says Full balis cost thirty thousand dollars to run
(21:26):
every month, so this donation will go straight to helping
the kids. Neil sees the lunches help the kids turn
up to school, participate, engage and socialize while eating with
their pears.
Speaker 2 (21:37):
How's our weather?
Speaker 13 (21:38):
Also morning frost down here as well, some rain developing
northeasterlies high of eleven.
Speaker 2 (21:44):
Nice one, thanks Courtney, Max and Wellington morning Max, good morning. Hey.
I saw that you know the earthquake law changes that
were made. We didn't talk about this the other day,
but the city to Sunbridge thing that's probably going to
stay now that the rules are being changed.
Speaker 10 (21:56):
Yeah, exactly, which makes it all the more ridiculous right
that the council trying to rush through the demolition of
it when we knew that this review was taking place.
So good news for advocates of that landmark in Wellington.
Speaker 2 (22:07):
Yeah all right, hey, what you've got more detail on
the scary home invasion on Sunday? Yeah, terrifying.
Speaker 10 (22:12):
Yeah, Monday we told you about this terrifying break in
in Wade'stown at about midday on Sunday which ended in
a man being shot by police. The dog team called
out pepper, spray tases, etc. All the mod cons used
toward this guy. We learned last night that this fifty
four year old har Samurai sword broke into a property,
threatened the homeowner with the sword and demanded he give
(22:33):
him the keys to his Porsche outside. The guy was
of rightly terrified apparently, though refused to give him the keys.
Speaker 2 (22:41):
Police arrived.
Speaker 10 (22:42):
That's when the home invader started damaging things inside the
house barricaded himself in a room in this multi million
dollar home. It should be said the defendant shot in
the shoulder, eventually bitten by a police dog. He's still
in hospital but is due to appear in court today.
No update on the Porsche, the owner terrified but mostly
unscathed as well, thankfully.
Speaker 2 (23:03):
How's your weather?
Speaker 10 (23:04):
A frosty start, the bit of rain late morning thirteen.
Today's hey all.
Speaker 2 (23:07):
Right, cheers Max, Hey Neva, good morning. You've got two
blazes early this morning in Auckland.
Speaker 14 (23:11):
Yes, look, happening within minutes of each other, so fire
and emergency. They were called to a house fire. This
happened in Buckland's Beach just after two thirty this morning.
It's since been contained. A fire investigator will attend, and
I can tell you there's also been a blaze at
a commercial building. This is on Papa Toytoy's Namby Drive
that happened around about the same time, and that's just
been put out as well. And before I go, I've
(23:33):
just got to mention this, Ryan, You're a heart throb.
So apparently if people have missed it, there was a
news video of you on TikTok and it was that
was a herald now and it's received over nine hundred
thousand views and climbing globally and people have looked at
you and said, who's the hot dude?
Speaker 9 (23:53):
Who?
Speaker 2 (23:57):
Humans are only human? You know what I mean? It's
new Zealand.
Speaker 14 (24:02):
Where have you been hiding this post slash presenter?
Speaker 2 (24:06):
It does some of the comments. If you go and
read some of the comments, which I may have done,
you're at what they are absolutely filthy, really a bunch
of very horny American women people. Women. It's women. Yeah, no,
it's women. And they say, people say, don't you know
he's from New Zealand and he's got a husband, And
these women say, well, the husband needs to learn to share?
(24:27):
Or do you have it?
Speaker 14 (24:28):
How you better be staying here in New Zealand. I thought, Nick, minute,
it'll be going.
Speaker 2 (24:31):
Over to the US soon as I bring all these jobs.
As soon as I get the visa, I'm out.
Speaker 14 (24:36):
How have we the never cloudy peachy drizzle tuned into
scattered showers from late morning?
Speaker 2 (24:41):
Ah, I have twenty brilliant thank you seventeen minutes away
from six News talks, there'd be we are stateside with
Mitch McCann next. If you run a small business, you
know how annoying it is waiting to get paid. You
finish the job, you send the invoice, and then you
spend weeks chasing people up like some sort of deck collector,
even though you're not Zero's Tap to Pay powered by Stripe,
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(25:02):
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Speaker 1 (25:45):
Pay, International correspondence with ends and eye insurance, peace of
mind for New Zealand business.
Speaker 2 (25:52):
Mitch mccan's a US corresponded, Mitch, welcome to the show, Ryan,
good morning, how are you very well? Thank you? How's
that shutdown going?
Speaker 15 (26:00):
Yeah, twelve hours into the shutdown here in the United
States and no sign of Democrats and Republicans coming together. Essentially,
the shutdown is when the government has to pass a
spending bill in terms of designing what they're going to
spend their money on for the next four to twelve months,
and they haven't been able to come to agreement. That's
because they need sixty They need sixty votes in the
(26:20):
Senate for this to happen, but it hasn't been agreed upon.
And the reason that they can't agree to something here
is because Democrats are arguing before they sign on to
a spending bill, they need guarantees around tax credits so
more Americans can afford healthcare. But Republicans say that's something
that needs to be debated later in the year, and
they are really going on the attack blaming the Democrats
(26:41):
for this. But at this stage, the prediction markets ryan
expect us to go on for about eleven to twelve days.
So in the meantime, park rangers aren't being paid, TSA
airport staff aren't being paid, but they are expected to
turn up to work for free.
Speaker 2 (26:56):
And there are, as you say, some who have to
work who are essential and don't get paid. Others don't
get paid but don't have to go to work. The
last one I think under Trump was thirty four days long,
so this looks like it'd be a bit shorter, which
is a good thing. Hey, what's going on with this
New York high rise collapse? Yeah, this is bizarre. This
is a twenty story public housing building. It's in the
(27:16):
Bronx here in New York, and it partially collapsed this
morning as if half the building has fallen off.
Speaker 15 (27:23):
It turned out it was related to a chimney explosion.
Inside this building, three four hundred people live, so you
can imagine how big it is. And according to reports,
not one person has been injured in this building partially collapsing. Miraculous,
but you can bet there's going to be a long
into investigation into what exactly happened here.
Speaker 2 (27:42):
Mitch, appreciate your time. Mitch McCann our, US correspondent, twelve
to six, Ryan disappointing, A damp squib, a real concern.
This is what the sector is saying about yesterday's big
energy announcement. The Big four gentator stock price shot up
when the market's opened, But what about the little guys?
Who are e Berts with Electric Kiwi the chief executive who.
Speaker 8 (28:00):
Morning, good morning.
Speaker 2 (28:02):
At most all going to plan, we'll be saving what
a few bucks off of four hundred dollars a month
power bill?
Speaker 4 (28:11):
Yeah.
Speaker 16 (28:11):
Well, the one of the key numbers that came out
yesterday was that there was the potential for the wholesale
energy prices to come down by around two percent per
annums with the reforms that were announced. And that really
does amount to a few dollars off your power bill,
(28:34):
whereas Bold reform would be talking about hundreds of dollars
per year. And that's just what's so disappointing for households
and businesses.
Speaker 2 (28:44):
The big problem is the new generation, right, getting these
companies to invest in new generation, and they've kind of
trying to address that by the government getting involved. But
how do you explain Contact, which is completely privately owned,
built more generation and faster than the partially stayed owned ones.
Speaker 16 (29:07):
Well it comes down to incentives really, and you know,
each of these each of these companies they've got government
ownership and they're really incentivized to you know, pay out
those those good steadies every year, and Contact does as well.
(29:29):
But the most commercially rational thing for these companies to
do is really to keep the market, you know, relatively undersupplied.
Because they've got market power, they can keep competition out,
prices can remain high, and then really that's that's the
(29:50):
best way for them to operate. So this incremental reform
yesterday that was beneficial to the share price of those
companies because it was saying, hey, it's actually the fattest quo.
Nothing's going to change here. You know, still record profits,
still lots of dividends and you know, unfortunately not the
(30:11):
affordable abundance energy future that New Zealand needs.
Speaker 2 (30:15):
Who we appreciate your time? Whoe your Bert? Who's the
electric key? We CEO? Time is nine to six News Talk,
said b.
Speaker 1 (30:22):
News and Views you trust to start your day. It's
early edition with Brian Bridge and one roof love where
you live News Talks ed b.
Speaker 2 (30:31):
He's gone seven minutes away from six. If you've seen
a few new utes, brand new, nice shiny looking utes
on the road lately. While there was a surge in
new car sales to ten three hundred and sixty two
for September, that is the best for a September month
since twenty twenty two. Used car imports at the same
time fall into a level not seen since twenty twelve.
So we're buying new and not as much secondhand. Could
(30:53):
that be investment boost? Is that what's going on?
Speaker 3 (30:55):
There?
Speaker 2 (30:56):
Ten percent of the new ones. By the way, we're
EV's it's just gone six to two now on news talks,
here'd be and Mike's here. Good morning, Mike, Good.
Speaker 7 (31:02):
Morning, Good to see you and you Ryan.
Speaker 2 (31:06):
What do you want to talk about? Oh? Have you prepared?
Speaker 7 (31:08):
Nothing?
Speaker 2 (31:09):
No, I do, I've got I've got give me a
b shot. Then, So there's an AI well, actress Tilly.
Did you see her?
Speaker 7 (31:17):
You I've seen. I don't want to sound like a
show off, but everything I've seen on AI so far,
to my eye and the ear, is disappointing and quite
obviously not real.
Speaker 2 (31:30):
But have you seen Tilly's I've seen till well.
Speaker 7 (31:32):
I don't know if it was her Instagram, but I've
seen her move and talk and I feel I've got
family vibes or home vibes or whatever she's talking about.
Speaker 2 (31:40):
I've seen.
Speaker 7 (31:40):
I'm seeing all the upset, the usual stuff, but I
just I don't see it needs to be a lot
better than what it is see.
Speaker 2 (31:47):
I looked at that and thought, I mean, Hollywood is
so filled with botox and filler anyway, Like half of
them look fake. So I honestly looked at that and thought,
you couldn't tell. I couldn't tell.
Speaker 7 (31:58):
There's one floating around this on there's a sports presenter
that they they eyed up as well, and they sort
of did the two photos which one do you think?
And I was looking at that and I thought, yeah,
I could probably be fooled into either one and not
really know. But I mean, in all honesty, I've not
seen anything that's you.
Speaker 2 (32:13):
Know, that's believable. You look at Eugene Levy.
Speaker 7 (32:15):
Have you seen that pro? Have you seen the season
three so far? Am the Reluctant Traveler. You've got to watch.
That's brilliant. So he's seventy eight and he's he's just
absolutely magnificent to watch. He's got Prince William on and
this is You've got to watch the episode. There's a
whole lot of episodes.
Speaker 2 (32:29):
Have you never seen the series at all? Well, I now,
I'm thinking I saw an interview between the two of
them the other day, so that must have been from
the show.
Speaker 7 (32:36):
That's what they're promoting, so the latest season is and
see what I'm saying is he will never be replaced.
Speaker 2 (32:41):
You know what I'm saying. But that's different too. Okay,
you've got an action movie with a bunch of guys
running around shooting guns and jumping off skyscrapes. They're a
bit of that already, well they're a bit of cgi.
But to actually get rid of the actors, how much
you would save? And the other thing is if you
go to the movies least when when j you Alaska
to the movies?
Speaker 7 (32:59):
They do nineteen eighty two?
Speaker 2 (33:01):
So I went a couple of weeks ago, right, and
I couldn't tell you the names of half of the actors,
especially the younger, you know, the new young What was
the movie? It was one with?
Speaker 7 (33:11):
So you can't even tell me the name of the movie.
I can't tell me who was? Can't tell me what
you want to see? Were you actually at the movies?
Speaker 2 (33:18):
You know what? Do you know what happened? As I
fell asleep?
Speaker 7 (33:21):
So you went to the movies to fall away on melotone?
Speaker 2 (33:23):
And then well that's the thing, it's the time of
when I can fall as for goodness, anyway, A psychiatrist.
That's what you're for anyway, So I go, you go
to the movies, don't know who the actors are, so
who cares that they're AI?
Speaker 7 (33:36):
There's an element of that, but I mean, if you
worry about AI, you got all the writing and the
background stuff as well to worry about. Heaven you anyone.
We're going to meet the new head of farming. Who
is another one, you know, the lady from the Reserve
Bank who came and to the other side of the
World War because Canadian exactly Alberta exactly exactly, so many
way you called the hoods.
Speaker 2 (33:54):
Very good, Have a fantastic day, everybody. Mike is with
you next here on News Talks.
Speaker 1 (33:58):
He'd be if you don't tell me, put some myzony
For more from early edition with Ryan Bridge. Listen live
to News Talks it be from five am weekdays, or
follow the podcast on iHeartRadio.
The issues, the interviews and the insight. Ryan Bridge on
earlier ship with one roof Love, where you Live, news talks,
there'd be good morning Thursday.
Speaker 2 (00:11):
Mitch McCann's stateside for US. This morning, we've got reaction
to the energy plan, will talk, Nigel latter House price
update for you, a warning from Europe on Russia, and
the hot new actress who's never acted a day in
her life. The agenda Thursday to second of October. The
U has shut down. Everyone's blaming everyone else.
Speaker 3 (00:28):
Democrats want to.
Speaker 4 (00:29):
Play political games with the lives and the lablihoods of Americans.
The simple truth is Democrats in Congress have dragged our
country into another reckless shutdown to satisfy their far left beast.
Speaker 2 (00:40):
Thousands of work is going to get furloughed, unpaid leave.
Speaker 5 (00:43):
They're taking a risk by having a shutdown. Because of
the shutdown, we can do things medically and other ways,
including benefits. We can cut large numbers of people, and
we don't want to do that, but we don't want
fraud waste.
Speaker 2 (00:58):
Interviews Mitch mccannon on that later and show. We're tracking
Greta Thunberg's flotilla this morning. Yesterday they entered a high
risk zone now though they are being accompanied by Spanish
and Italian naval vessels, and you know what that means,
don't you? Burning fossil fuels to get there.
Speaker 6 (01:14):
Israel has already made clear they are not going to
allow this flotilla of some forty civilian ships, five hundred
people and palettes of ad to actually make it to
the Gaza Strip. And we know in the past that
they have used force to prevent that from happening.
Speaker 2 (01:28):
But at late night, on late Night, Jimmy Kimmel went
and saw Stephen Colbert talk to him about the moment
he was pulled off here. Meanwhile, there's the whole audience.
They're in their seats.
Speaker 7 (01:37):
Well wait, I didn't know that your audience was already loaded.
Speaker 1 (01:39):
They are loaded and in their seats, ready for the show.
Speaker 2 (01:45):
The news you need.
Speaker 1 (01:46):
This morning and the in depth analysis early edition with
Ryan Bridge and one roof Love, where you live.
Speaker 2 (01:53):
News talks at be great to have your company. Eight
after five now N nine two is the number to
TIXS would love to hear from you. Most interesting thing
I think to come out of that Frontier report yesterday
was about contact energy, so big issue they laid it
out on the table yesterday. Is getting these energy companies
to invest in new generation, more supply, brings prices down,
(02:14):
keeps the country running, helps prevent the shortages, et cetera,
et cetera. And everyone's saying, oh, well, we need to
renationalize them, you know, otherwise they have no incentive to
build new generations so they can keep prices higher. The
Greens have said this. New Zealand first bangs its drum
about this, let's buy back the remainder and renationalize these
(02:36):
energy companies. Corporate greed will do bad things to a business.
But what this report proves is that they're wrong. Contact
is privately owned. This report tells us that Contact Energy
has built more generation at a faster rate than the
ones the government controls. So you've got to ask yourself,
(02:57):
if the only private company in the mix is doing
more to benefit the whole country than the three we
do own, why on God's green Earth do we own them,
let alone want to own more of them? Ryan Bridge
two the number to text coming up next. There's a
small change, And when I say small, I mean zero
point one percent in property prices and values. Do we know?
(03:21):
Is that something we're celebrating. We'll look at that next.
Speaker 1 (03:24):
The news you need this morning and the in depth
analysis Earl edition with Ryan Bridge and one roof Love
where you Live news talks.
Speaker 2 (03:33):
I'd be five eleven. I spent a bit of time
yesterday going to the doctor to get a prescription, then
going to the pharmacy to pick up the prescription. It
was for a thing called malatonin, which helps you sleep.
And if you work wet hours, or if you're really
old and you can't sleep, then malatonin is quite good
for you. And then five o'clock this morning there's an
embargoed release that comes in. I have it for you.
It's now going to be available over the counter. So
(03:54):
from so, I could have just said a whole lot
of time yesterday anyway. The one that the brand that
they are putting out their Vigitism, I think is how
you say it. Unlike immediate release malotone and medications, Vigism
allows for malatonin to be released gradually over eight to
ten hours, mimicking your body's natural malotonein action, providing coverage
throughout the night rather than just knocking you out cold
(04:15):
and then you're waking up again in three hours. This
will keep you asleep. Twelve after five r and Bridge
speaking of a sleep, that's what the property market's been lately.
But jeep, we're celebrating this morning because, wait for it,
September property prices, according to Cotality showed some increase zero
point one percent. This brings an end to five straight
months of waning property values. Joining me this morning, Nick Touff,
(04:37):
the asbchief E, condoms Nick, good morning.
Speaker 8 (04:39):
Good morning.
Speaker 2 (04:40):
Good to have you on. Is this? I mean, look,
it's monthly data. It's zero point one percent. Will the
real estate agents be cracking out the champagne? Do we think?
Speaker 8 (04:48):
Oh? Well, at the moment, we've been looking for any
excuse we could. When it comes to the housing market,
it is one tenth percent. But when you look at
various housing measures we did have, you know, a bit
of a burst of activity where prices were lifting slightly
late last year early this year, and things didn't look
like they petered out. So if we do start to
see the property market picking up, it's just one of
(05:11):
those economic signs that people are starting to get out
of the infrastrate hibernation that they've been in for a while.
Speaker 2 (05:19):
The regions doing well Totong a Bay of Plenty? What
do you put that down to?
Speaker 8 (05:25):
Well, when we did our ASB Regional School, we actually
had the Bay of Plenty at the top. And one
thing that when you're looking around the country at the moment,
you tend to see areas that have had good, good
export incomes or tourism have done well. And that's the
pending example with two bumper seasons of ki freed exports.
Speaker 2 (05:45):
For example, are people buying you mentioned tourism, are people
buying homes there to rent for tourism like airbnb?
Speaker 8 (05:53):
Well, with Torong, it's probably more around the income that's
come through. We've seen jobs lifting up, spending lifting up there.
For example, the bottom of the South Island had a
really great run. And one thing I'd put that down
to is around the Central Lakes and the spillover effects
around the region would be that tourism, it's not just
(06:14):
the people coming and wanted to buy properties, but also
the need for workers as well. So that's something in
recent years where the Lakes district, even though it's come
off the boill this time now it's hit that population
pressure and that needs for housing.
Speaker 2 (06:26):
Nick, what's the lag everyone in the big cities. This
morning I'll be thinking, well, that's great for Toling, a
great for Southland. But what's the lag between Because normally
it's the other way around. Auckland would lead a property
price resurgence and then the regions would follow. This time,
it seems like it's in verse. When will the city
start to see something?
Speaker 8 (06:46):
We will start to see something, I think over time. Look,
one challenge with Auckland and particularly Wellington, as they've gone through,
they went through big booms, they went through big, big busts.
One challenge that we do have a number of markets
is actually a lot of stock sitting on the market,
so we actually need more activity. We need the sales
activity to pick up start eating into that stock on
the market doesn't really get some sort of more noticeable
(07:08):
lists and prices, so supply versus demand, there's a lot
of supply. People are still being a little bit cautious
and we've seen that in house sales recently they've actually
edged back down, so people haven't sort of quite got
out and embraced a sort of buying cremzy at the moment.
Speaker 2 (07:22):
Be fair to say, Nick, appreciate your time this morning.
Nick Tuffley asb Chief Economist. It's quarter past five News Talks.
There'd be up next Nigel Latter and his Gut Health Mission.
Speaker 1 (07:31):
The first word on the News of the day Early
edition with Ryan Bridge and one roof Love where You
Live News Talks.
Speaker 2 (07:39):
They'd be five eighteen coming up before the news at
five point thirty. I'll tell you why what happened yesterday
is probably actually more our fault than the governments or
the coalition governments. I should say, more money out the door,
staying with them for a second. This is after the
quarter two reality check on the economy. Money on the
line at least, maybe not so much out the door.
This is a boost for construction. The government announcing the
(07:59):
end production of a new loan guarantee scheme. This is
for community housing providers. Two thousand new social homes will
be delivered and the Crown will guarantee eighty percent of
the loans through banks Ryan Bridge. After a battle with
lung cancer, Nigel Latter has died at the age of
fifty eight. He was an author, a psychologist, a broadcaster.
People loved him. He was interparenting and healthy eating. Also
(08:23):
became a campaigner for the Gut Cancer Foundation. The Foundation's
chief executive Liam Walls. Willis rather is with me now, Liam,
Good morning, Good morning Miner. Very sad lost. There will
be a lot of people are listening to this show
who know Nigel well, who've heard him on the radio,
on the seen him on the TV over the Year's
very sad day.
Speaker 3 (08:43):
It's a really subd rine. Yeah, and look of first
to foremost star hot Scotch at Nigel's family, to Nutley's
wife and his children, who are obviously the hardest by
this loss. But Nigel was a huge character for New
Zealand and I think the whole country will bid morning.
Speaker 2 (08:59):
Is lost to what drove him to be He was
very passionate and he was very determined what was behind that.
Speaker 3 (09:09):
I think Nigel had an incredible positivity to everything that
he did and he really brought that to his challenge
that he faces with his face with his stomach cancer
diagnosis as well, and he wanted to use the challenge
that he faced to make sure that he could help
up us. I think that's what really drove him in
(09:30):
this last year after his diagnosis particular, and he was
really really keen to ensure that we could raise the
profile of stomach cancer and make sure that people were
aware of those symptoms and risk factors and make sure
that people were getting access to the treatment that they
needed as well. So I think that's what really drove him.
Speaker 2 (09:50):
The GAT Cancer Foundation. What exactly do you do?
Speaker 3 (09:54):
Yeah, So at the Gut Cancer Foundation, we support patients,
we fund research, we raise awareness into cancers of the
digestive system. So that includes stomach cancer, which was what
Nigel was diagnosed with, but also pancreas cancer, liver cancer,
bowel cancer, a sophageal cancer as well. So there's about
(10:15):
six thousand patient and say every year that a diagnosed
with one of these cancers, and unfortunately, for particularly for
cancers of the other digestive system, that the outlook in
the prognosis is really poor. So it's really important that
we play a role as a voice for that community
and advocate. But it's also incredibly important when somebody is
such profile as Nigel is so open about his journey
(10:39):
as well, because it really does help us to bring
better awareness and profile to these cancers that often aren't
talked about.
Speaker 2 (10:45):
Are these cancers preventable? What should we you know? What
if there's one thing we can take away today that
we should be doing that we weren't doing yesterday.
Speaker 8 (10:53):
Yeah.
Speaker 3 (10:53):
Look, I mean a lot of these cancers can be preventable.
That there are some lifestyle factors that go into the
these cancers. But I think what's really really important is
to understand your body and to know what's You understand
your body and you know when things aren't quite right. So,
for example, the stomach cancer, if you get full after eating,
(11:15):
if you're unexpected weight loss, if you've got an naisier
or bloating in your stomach that's unusual. What's really important
is we listen to our bodies and we go and
get it checked out. Because what we know above anything
is early detection is key. And with a lot of
these cancers, the reason that that the prognosis is so
poor is because the detector is so late. So the
(11:37):
earlier we can get these cancers detected, and that means
getting the symptoms checked out at your GP and getting
those tests thats needed, then the better the chances that
we can treat the cancer.
Speaker 2 (11:47):
Liam, appreciate your time this morning, Thanks for being with me.
That is Liam Willis, who's the chief executive of the
Gut Cancer Foundation. Nigel Lader died of guesstric cancer. He
was just fifty eight. You've got to feel for his wife, Natalie.
Speaker 1 (11:59):
The earlier this full show podcast on IHARM Radio, Power
It by News Talks at Me.
Speaker 2 (12:06):
Five point twenty four. So September's numbers, this is for
US jobs, this is private sector jobs. They've got a
number out overnight, so they've shared thirty two thousand private
sector jobs for September. They lost three thousand in August,
and the pundits were expecting that for this month they
would gain forty five thousand jobs. So you're off by
about seventy five thousand, and not in a good way.
(12:28):
This is a problem because it's a sign that the
labor market there is a bit shaky, and we've been
seeing signs of that lately. Unemployment is not yet ticking out.
But what you have is a whole bunch of people
as hiring is slowing down. You've got a whole bunch
of people in jobs that were starting to worry a
little bit about job security. And that's not good because
the Americans have got very resilient consumers and they keep
the country going, the domestic economy going. So what does
(12:50):
all this mean well, probably just means more cuts from
the FED in the near future of twenty five after five.
Brian Bridgley, yesterday was MMP in action. It was exhibit
a of a coalition government without a single party with
a clear mandate, You end up with piecemeal positions. You
get a report done, then your cherry pick which options
are palatable to everybody and effective for nobody. In this case,
(13:12):
they picked just two of the ten options in the report,
which they ordered two. Imagine ordering a pizza and eating
two slices. Waste of money. Seewar would have liked, of course,
the option of flogging off the fifty one percent of
the energy companies that we do own. But on the
other hand, Martua Shane wanted to buy the rest back.
It's what we call a political halfway house. Critics on
(13:34):
this side say we needed more intervention, Critics on that
side say we need less. What we voters need to
decide is whether this country needs bold action or incrementalism.
Do we need radical or do we want compromise. In
twenty twenty, Jacinda Adjourns scored the first single party majority
since nineteen ninety three, first under MMP and then burn
(13:56):
the reputation of absolute power. Basically, let's be real, nobody
going to give national carte blanche come twenty twenty six.
So if the polls and the moods of the boardrooms
and the talk on the streets actually reflect reality, then
we need to decide which side we want national pull
towards economic nationalism in New Zealand first or free market
(14:17):
libertarianism and act. And until then we'll get more reports
firing out blank recommendations, more decisions that appease everyone but
fix nothing. This decision basically went down like any three
way messy, hard work took ages, and no one really
leaves completely satisfied. Six after five, let's go to Europe
(14:39):
because there's a big EU summit happening in Copenhagen and
Meta Fredericson, who's the Danish Prime minister, has said world
War II Europe is basically as dangerous now as it
was at the end of World War Two.
Speaker 9 (14:53):
So if you look at Ukraine from a European perspective
instead of a national perspective, if you look at Russia
and hybrid war from a European perspective instead of from
your own national perspective, then I think everybody has to
be on the same peach that we have to rearm
all of us.
Speaker 2 (15:10):
Yeah, and basically we need to get the guns out,
get the planes in the air, try and stop the drones.
So they're having a meeting about that today and they'll
see what they can do. Snapchat, which this is a
weird story because I always thought Snapchat was something. The
point of it. It's one of the social media apps,
by the way young people use it. I thought the
(15:30):
point of Snapchat was that you send somebody a photo
and it has a countdown timer on it, and so
the photo will only appear for so long and then
it disappears. So you can imagine what people I mean,
I assume what people send each other. I mean, I
don't really know why you would want to disappearing photo,
but anyway, that's what people have. Apparently it's not apparently
(15:53):
there are Most users have stored thousands and thousands of
photos and videos that they have been sent or that
they have taken and shared onto the app, and until
now that has been a free thing to do. And
these companies, I mean, you get these businesses and they've
got huge reach, everyone's using them, but are they actually
(16:15):
monetizing them. You know, that's always been their problem. Well,
Snapchat has come out and said we will start charging
you for the storage. So it's going to be priced
at a dollar ninety nine. This is us I'm sorry,
dollar ninety nine per month, with two hundred and fifty
gigabytes included in the three dollar ninety nine a month.
This is for the Snapchat Plus subscription. Now this is ang.
(16:38):
You know, all of the young ones are up in
arms about this because they didn't know going in that
they were going to be charged to store all their
photos and videos, and now all of a sudden they're
turning around and they're being charged for storing all the
photos and videos. Presumably it costs Snapchat to store them,
so I don't know. It sounds like it's probably reasonable
to me. But there you go. If you have Snapchat,
you'll be paying for the privilege. You're on News Talks EDB.
(17:02):
A little update for you on farmers whether they'll go
and splash that cash we've all been talking about. Plus
we'll get to Mitch McCann Stateside and Electric Keyweek on
the energy changes before Top of the Art News Talks B.
Speaker 7 (17:30):
Waiting for the.
Speaker 1 (17:35):
On your radio and online on iHeartRadio Early Edition with
Ryan Bridge and one roof Love where you Live, News
Talk sed B.
Speaker 10 (17:50):
It's pretty far.
Speaker 2 (17:51):
Away from the six year on News Talk, said B.
Welcome to your Thursday morning. Great to have your company,
Michelle says, Ryan loving the program. Any particular brand of
melatonin that you would recommend, Michelle, I don't think I
can should recommend drugs on the air, but the one
that I'm using is sicardon. I think it's called with
a C. Michelle says She's tried a lot of them,
(18:12):
hasn't had much luck. If you ef and out double
the dose, it's basically my advice to you. Hey, a
really interesting story. This is a beautiful articulate can do anything,
can act and a rom com, can act and an
action thriller and a horror whatever. She's Dutch. Amazing new
(18:34):
actress on the scene. Have you heard of Tilly Norwood.
She's Dutch, but she doesn't really have an accent. She's
got a big social media following. Now she's got real
girl next door vibes.
Speaker 11 (18:46):
He Hey, listen, well, this new actress is turning heads
in Hollywood today after making her big screen debut, a
performance that comes with a catch. It's AI generated. Tilli
Norwood has caught the attention of into agents, but real
life stars have raised a number of.
Speaker 2 (19:03):
Concerns, including where we didn't hear from her in there,
but she basically looks and sounds completely real to me.
Not an actor. It's a computer generated AI actor and
all of them. I mean, you can imagine the screen
actors that orders come out. They've said, it's not an actor.
You can't do this. You put in countless professional performers
(19:24):
out of work. Emily blunts come out overnight. She said,
it's really really scary. She's encouraging the agencies do not
do it. Don't take away human connection, all that sort
of stuff. The thing is, I was thinking about it
this morning. When I go to the movies these days,
and I'm I'm just like, I'm old, I'm just sort
of middle aged. But when I go to the movies
these days, I couldn't tell you half of the actors
(19:46):
that are acting. So if I don't know who they
are to begin with, does it matter whether the AI
or not? And if that makes the movie cheaper. That's
the world we're living in, isn't it. Twenty two minutes
away from six Ryan Bridge, Shelen City hold It results
out and Callum Proctor has them for us. Collum, good morning, Yeah,
morning Ryan.
Speaker 12 (20:04):
It's good news. For the third consecutive year they're posted
a profit. Deneeda City Holdings. This is the group owned
by the city council. It includes Aurora Energy and deneed
An Airport. So they've reported a net profit of nineteen
point four million for the year ended June thirtieth, a
third year in a row. It's seven and a half
million above budgets. Seventeen million dollars gets distributed to council.
(20:27):
The chairman is Tim Loan. He says, look, it's another
positive result which helps mitigate pressure on ratepayers. Here he
says the result though, needs to be balanced with reinvesting
to protect the value of their companies for future generations.
Speaker 2 (20:41):
And Ryan.
Speaker 12 (20:41):
It comes as the council's latest opinion surveys also been published.
It reveals eighty two percent of residents are satisfied with
the city's reserves.
Speaker 2 (20:48):
Great, how's your weather morning?
Speaker 12 (20:51):
Frosts about this morning so mainly find to start with
chance for shower later in the day.
Speaker 2 (20:55):
The high today just eleven cheers Cortney christ Church, Good morning, Courtney.
Speaker 13 (20:59):
Good morning Ryan.
Speaker 2 (21:00):
This who's behind this big overseas donation to full Balies.
Speaker 13 (21:04):
So that's the grund Foss Foundation and they've donated seventy
five thousand dollars to full Ballys to help them deliver
twelve hundred lunches to six hundred kids across twenty five
Canterbury schools every week. Charity program manager Taylor Neil says
there's always more kids to feed, so this will help hugely.
She says Full balis cost thirty thousand dollars to run
(21:26):
every month, so this donation will go straight to helping
the kids. Neil sees the lunches help the kids turn
up to school, participate, engage and socialize while eating with
their pears.
Speaker 2 (21:37):
How's our weather?
Speaker 13 (21:38):
Also morning frost down here as well, some rain developing
northeasterlies high of eleven.
Speaker 2 (21:44):
Nice one, thanks Courtney, Max and Wellington morning Max, good morning. Hey.
I saw that you know the earthquake law changes that
were made. We didn't talk about this the other day,
but the city to Sunbridge thing that's probably going to
stay now that the rules are being changed.
Speaker 10 (21:56):
Yeah, exactly, which makes it all the more ridiculous right
that the council trying to rush through the demolition of
it when we knew that this review was taking place.
So good news for advocates of that landmark in Wellington.
Speaker 2 (22:07):
Yeah all right, hey, what you've got more detail on
the scary home invasion on Sunday? Yeah, terrifying.
Speaker 10 (22:12):
Yeah, Monday we told you about this terrifying break in
in Wade'stown at about midday on Sunday which ended in
a man being shot by police. The dog team called
out pepper, spray tases, etc. All the mod cons used
toward this guy. We learned last night that this fifty
four year old har Samurai sword broke into a property,
threatened the homeowner with the sword and demanded he give
(22:33):
him the keys to his Porsche outside. The guy was
of rightly terrified apparently, though refused to give him the keys.
Speaker 2 (22:41):
Police arrived.
Speaker 10 (22:42):
That's when the home invader started damaging things inside the
house barricaded himself in a room in this multi million
dollar home. It should be said the defendant shot in
the shoulder, eventually bitten by a police dog. He's still
in hospital but is due to appear in court today.
No update on the Porsche, the owner terrified but mostly
unscathed as well, thankfully.
Speaker 2 (23:03):
How's your weather?
Speaker 10 (23:04):
A frosty start, the bit of rain late morning thirteen.
Today's hey all.
Speaker 2 (23:07):
Right, cheers Max, Hey Neva, good morning. You've got two
blazes early this morning in Auckland.
Speaker 14 (23:11):
Yes, look, happening within minutes of each other, so fire
and emergency. They were called to a house fire. This
happened in Buckland's Beach just after two thirty this morning.
It's since been contained. A fire investigator will attend, and
I can tell you there's also been a blaze at
a commercial building. This is on Papa Toytoy's Namby Drive
that happened around about the same time, and that's just
been put out as well. And before I go, I've
(23:33):
just got to mention this, Ryan, You're a heart throb.
So apparently if people have missed it, there was a
news video of you on TikTok and it was that
was a herald now and it's received over nine hundred
thousand views and climbing globally and people have looked at
you and said, who's the hot dude?
Speaker 9 (23:53):
Who?
Speaker 2 (23:57):
Humans are only human? You know what I mean? It's
new Zealand.
Speaker 14 (24:02):
Where have you been hiding this post slash presenter?
Speaker 2 (24:06):
It does some of the comments. If you go and
read some of the comments, which I may have done,
you're at what they are absolutely filthy, really a bunch
of very horny American women people. Women. It's women. Yeah, no,
it's women. And they say, people say, don't you know
he's from New Zealand and he's got a husband, And
these women say, well, the husband needs to learn to share?
(24:27):
Or do you have it?
Speaker 14 (24:28):
How you better be staying here in New Zealand. I thought, Nick, minute,
it'll be going.
Speaker 2 (24:31):
Over to the US soon as I bring all these jobs.
As soon as I get the visa, I'm out.
Speaker 14 (24:36):
How have we the never cloudy peachy drizzle tuned into
scattered showers from late morning?
Speaker 2 (24:41):
Ah, I have twenty brilliant thank you seventeen minutes away
from six News talks, there'd be we are stateside with
Mitch McCann next. If you run a small business, you
know how annoying it is waiting to get paid. You
finish the job, you send the invoice, and then you
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even though you're not Zero's Tap to Pay powered by Stripe,
changes all of this. Your customer taps their card on
(25:02):
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invoice is automatically marked as paid in zero, ready to
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Supercharge your business with zero Tap to Pay, getting paid
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Speaker 1 (25:45):
Pay, International correspondence with ends and eye insurance, peace of
mind for New Zealand business.
Speaker 2 (25:52):
Mitch mccan's a US corresponded, Mitch, welcome to the show, Ryan,
good morning, how are you very well? Thank you? How's
that shutdown going?
Speaker 15 (26:00):
Yeah, twelve hours into the shutdown here in the United
States and no sign of Democrats and Republicans coming together. Essentially,
the shutdown is when the government has to pass a
spending bill in terms of designing what they're going to
spend their money on for the next four to twelve months,
and they haven't been able to come to agreement. That's
because they need sixty They need sixty votes in the
(26:20):
Senate for this to happen, but it hasn't been agreed upon.
And the reason that they can't agree to something here
is because Democrats are arguing before they sign on to
a spending bill, they need guarantees around tax credits so
more Americans can afford healthcare. But Republicans say that's something
that needs to be debated later in the year, and
they are really going on the attack blaming the Democrats
(26:41):
for this. But at this stage, the prediction markets ryan
expect us to go on for about eleven to twelve days.
So in the meantime, park rangers aren't being paid, TSA
airport staff aren't being paid, but they are expected to
turn up to work for free.
Speaker 2 (26:56):
And there are, as you say, some who have to
work who are essential and don't get paid. Others don't
get paid but don't have to go to work. The
last one I think under Trump was thirty four days long,
so this looks like it'd be a bit shorter, which
is a good thing. Hey, what's going on with this
New York high rise collapse? Yeah, this is bizarre. This
is a twenty story public housing building. It's in the
(27:16):
Bronx here in New York, and it partially collapsed this
morning as if half the building has fallen off.
Speaker 15 (27:23):
It turned out it was related to a chimney explosion.
Inside this building, three four hundred people live, so you
can imagine how big it is. And according to reports,
not one person has been injured in this building partially collapsing. Miraculous,
but you can bet there's going to be a long
into investigation into what exactly happened here.
Speaker 2 (27:42):
Mitch, appreciate your time. Mitch McCann our, US correspondent, twelve
to six, Ryan disappointing, A damp squib, a real concern.
This is what the sector is saying about yesterday's big
energy announcement. The Big four gentator stock price shot up
when the market's opened, But what about the little guys?
Who are e Berts with Electric Kiwi the chief executive who.
Speaker 8 (28:00):
Morning, good morning.
Speaker 2 (28:02):
At most all going to plan, we'll be saving what
a few bucks off of four hundred dollars a month
power bill?
Speaker 4 (28:11):
Yeah.
Speaker 16 (28:11):
Well, the one of the key numbers that came out
yesterday was that there was the potential for the wholesale
energy prices to come down by around two percent per
annums with the reforms that were announced. And that really
does amount to a few dollars off your power bill,
(28:34):
whereas Bold reform would be talking about hundreds of dollars
per year. And that's just what's so disappointing for households
and businesses.
Speaker 2 (28:44):
The big problem is the new generation, right, getting these
companies to invest in new generation, and they've kind of
trying to address that by the government getting involved. But
how do you explain Contact, which is completely privately owned,
built more generation and faster than the partially stayed owned ones.
Speaker 16 (29:07):
Well it comes down to incentives really, and you know,
each of these each of these companies they've got government
ownership and they're really incentivized to you know, pay out
those those good steadies every year, and Contact does as well.
(29:29):
But the most commercially rational thing for these companies to
do is really to keep the market, you know, relatively undersupplied.
Because they've got market power, they can keep competition out,
prices can remain high, and then really that's that's the
(29:50):
best way for them to operate. So this incremental reform
yesterday that was beneficial to the share price of those
companies because it was saying, hey, it's actually the fattest quo.
Nothing's going to change here. You know, still record profits,
still lots of dividends and you know, unfortunately not the
(30:11):
affordable abundance energy future that New Zealand needs.
Speaker 2 (30:15):
Who we appreciate your time? Whoe your Bert? Who's the
electric key? We CEO? Time is nine to six News Talk,
said b.
Speaker 1 (30:22):
News and Views you trust to start your day. It's
early edition with Brian Bridge and one roof love where
you live News Talks ed b.
Speaker 2 (30:31):
He's gone seven minutes away from six. If you've seen
a few new utes, brand new, nice shiny looking utes
on the road lately. While there was a surge in
new car sales to ten three hundred and sixty two
for September, that is the best for a September month
since twenty twenty two. Used car imports at the same
time fall into a level not seen since twenty twelve.
So we're buying new and not as much secondhand. Could
(30:53):
that be investment boost? Is that what's going on?
Speaker 3 (30:55):
There?
Speaker 2 (30:56):
Ten percent of the new ones. By the way, we're
EV's it's just gone six to two now on news talks,
here'd be and Mike's here. Good morning, Mike, Good.
Speaker 7 (31:02):
Morning, Good to see you and you Ryan.
Speaker 2 (31:06):
What do you want to talk about? Oh? Have you prepared?
Speaker 7 (31:08):
Nothing?
Speaker 2 (31:09):
No, I do, I've got I've got give me a
b shot. Then, So there's an AI well, actress Tilly.
Did you see her?
Speaker 7 (31:17):
You I've seen. I don't want to sound like a
show off, but everything I've seen on AI so far,
to my eye and the ear, is disappointing and quite
obviously not real.
Speaker 2 (31:30):
But have you seen Tilly's I've seen till well.
Speaker 7 (31:32):
I don't know if it was her Instagram, but I've
seen her move and talk and I feel I've got
family vibes or home vibes or whatever she's talking about.
Speaker 2 (31:40):
I've seen.
Speaker 7 (31:40):
I'm seeing all the upset, the usual stuff, but I
just I don't see it needs to be a lot
better than what it is see.
Speaker 2 (31:47):
I looked at that and thought, I mean, Hollywood is
so filled with botox and filler anyway, Like half of
them look fake. So I honestly looked at that and thought,
you couldn't tell. I couldn't tell.
Speaker 7 (31:58):
There's one floating around this on there's a sports presenter
that they they eyed up as well, and they sort
of did the two photos which one do you think?
And I was looking at that and I thought, yeah,
I could probably be fooled into either one and not
really know. But I mean, in all honesty, I've not
seen anything that's you.
Speaker 2 (32:13):
Know, that's believable. You look at Eugene Levy.
Speaker 7 (32:15):
Have you seen that pro? Have you seen the season
three so far? Am the Reluctant Traveler. You've got to watch.
That's brilliant. So he's seventy eight and he's he's just
absolutely magnificent to watch. He's got Prince William on and
this is You've got to watch the episode. There's a
whole lot of episodes.
Speaker 2 (32:29):
Have you never seen the series at all? Well, I now,
I'm thinking I saw an interview between the two of
them the other day, so that must have been from
the show.
Speaker 7 (32:36):
That's what they're promoting, so the latest season is and
see what I'm saying is he will never be replaced.
Speaker 2 (32:41):
You know what I'm saying. But that's different too. Okay,
you've got an action movie with a bunch of guys
running around shooting guns and jumping off skyscrapes. They're a
bit of that already, well they're a bit of cgi.
But to actually get rid of the actors, how much
you would save? And the other thing is if you
go to the movies least when when j you Alaska
to the movies?
Speaker 7 (32:59):
They do nineteen eighty two?
Speaker 2 (33:01):
So I went a couple of weeks ago, right, and
I couldn't tell you the names of half of the actors,
especially the younger, you know, the new young What was
the movie? It was one with?
Speaker 7 (33:11):
So you can't even tell me the name of the movie.
I can't tell me who was? Can't tell me what
you want to see? Were you actually at the movies?
Speaker 2 (33:18):
You know what? Do you know what happened? As I
fell asleep?
Speaker 7 (33:21):
So you went to the movies to fall away on melotone?
Speaker 2 (33:23):
And then well that's the thing, it's the time of
when I can fall as for goodness, anyway, A psychiatrist.
That's what you're for anyway, So I go, you go
to the movies, don't know who the actors are, so
who cares that they're AI?
Speaker 7 (33:36):
There's an element of that, but I mean, if you
worry about AI, you got all the writing and the
background stuff as well to worry about. Heaven you anyone.
We're going to meet the new head of farming. Who
is another one, you know, the lady from the Reserve
Bank who came and to the other side of the
World War because Canadian exactly Alberta exactly exactly, so many
way you called the hoods.
Speaker 2 (33:54):
Very good, Have a fantastic day, everybody. Mike is with
you next here on News Talks.
Speaker 1 (33:58):
He'd be if you don't tell me, put some myzony
For more from early edition with Ryan Bridge. Listen live
to News Talks it be from five am weekdays, or
follow the podcast on iHeartRadio.
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