October 15, 2025 • 33 mins
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Speaker 1 (00:01):
The issues, the interviews and the insight. Ryan Bridge on
Earli Ereditia with our the Supercenter, explore our v successories
and servicing all in one news talks. There'd be good.
Speaker 2 (00:12):
Morning Thursday morning. Should we be selling more state housing stock?
Infect should we be selling all of it? Trump's basically
trying to fix the Argentinian election. We'll look at that
this morning. New numbers on big airfare, increases, the battle
between airports and are in Z carries on and we'll
talk to the guys bringing back the more.
Speaker 1 (00:29):
The agenda Thursday.
Speaker 2 (00:30):
The sixth thing of October. Great to have your company.
So he mus handed back four hostages bodies Israel says,
one of them.
Speaker 3 (00:36):
Ain't ours clear when we say this come us?
Speaker 4 (00:40):
The terror organization is required to uphold its commitments to
the mediators and return all of our hostages as part
of the implementation of this agreement. We will not compromise
on this, and we will spare no effort until our
fallen hostages return.
Speaker 2 (00:56):
Meanwhile, Trump has said that BB's has made be Be
not the easiest to work with, and yeah, Who's responded, Well,
hope he says.
Speaker 5 (01:02):
That because I'm very tough on the matters that pretend
to my country's future. When I believe that what I'm
asked to do it is fine, I say this. And
when I think I have to say no, I say it.
And that's my job. My job is to protect the
Jewish state and assure the future of the Jewish people.
Speaker 2 (01:25):
To Argentinia, we have Mlai. This is the libertarian leader
who's doing all the big reforms. Got some midterms coming up,
and Trump has stepped up with twenty billion dollars in aid.
This is basically to bail out the currency, and he's
pretty much said this is to influence the vote.
Speaker 6 (01:41):
If he loses, we are not going to be generous
with Argentina.
Speaker 3 (01:44):
We're going to work very.
Speaker 6 (01:46):
Much with the president. We think he's going to win,
he should win, and if he does win, we're going
to be very helpful. And if he doesn't win, we're
not going to waste our time because you have somebody
whose philosophy has no chance of making argent Jenna great again.
Speaker 1 (02:02):
The news you need this morning and the in depth
analysis Early edition with Ryan Bridge and r V Supercenter
explore r v's accessories and servicing. Fall than one.
Speaker 2 (02:12):
News talks a'd be nine two nine two, just gone
eight half to five. We have more on the Argentinian
situation later in the programs. Simeon Brown is putting his
big boy pants on this morning. He's going into the
lions Den. This is to a union conference to Papa
and Wellington two hundred senior doctors. They got the strike.
They've got the mega strike coming next week, which is
(02:32):
all very exciting, but they've basically been at war but
sparring at a distance. Now Simeon's getting in the cage,
so'd be interesting to see that's coming after nine o'clock
this morning, and he hates it. They hate it, I
should say. Whenever he says how much they get paid,
so he always says the average pay and he always
gets in there. The teas and seys with overtime and
(02:54):
bonuses is three hundred and forty thousand dollars a year,
which would actually be more than he earns. Anyway, makes
them very grumpy. So it'd be interesting to see whether
he mentions that when he speaks to them and addresses
them at Papa today. Here's a question for you this morning,
which party do you most trust on an education? I
was thinking about this last night. The polls on the
economy don't exactly bode well for the coalition? Do they
(03:17):
all don't bode well for national in particular, I should say,
and that's no surprise. I mean, look at the economy.
The recovery's been faltering, being patchy. We've got the Reserve
Bank doing all the heavy lifting, which they've been a
little bit reluctant to do with any gusto of late
until of late. I should say, the results basically speak
for themselves. We went backwards almost a percent in quarter two.
(03:39):
But if you're judging the economy on results, that means
that results must be important, right, And if results are important,
you cannot deny the quick wins that Erica Stamford's having
an education? Can you turns out doing basic things regularly
and with structure gets results. Who would have thought so?
The polls on the economy are fair, But I would
love to know whether the same logic applies to education,
(04:02):
which is usually a default portfolio in the bag for labor.
Speaker 1 (04:06):
Bryan Bridge five.
Speaker 2 (04:07):
Ten on News talksb We'll head to Dallas in the
state's next talk to this biotech company about our MA
and Peter Jackson.
Speaker 1 (04:15):
Get ahead of the headlines on early edition with Brian
Bridge and r V Supercenter explore RV's accessories and servicing
all in one News TALKS'B.
Speaker 2 (04:26):
Five twelve at Tyndall's R three sixty thing. This drama
seems to me to just be a little over the
top and outrageous. How can you say? In New Zealand
along with part of eight national rugby organizations that have
said basically any player that plays for this won't be
selected for tests. But then you have the Aussie Rugby
League Commission come out and say we're going to go
(04:47):
one further. We are going to ban any player who
joins this new upstart outfit for a decade. Can you
do that? It's obviously meant as a massive threat, like
if you're off contract at the moment, or you're coming
off contract, you might be shaking in your boots a bit.
Or if I go with Tyndall and the Saudis then
I won't be able to come back here if I
(05:07):
need to, So it's kind of a standover tactic, isn't it.
They even this is The Aussies call this a pirate
economic outfit. They are economic pirates. Is this even legal
or enforceable. I would question that. And this idea that
you train Westment all this time, training up all these players,
(05:28):
and then they can't just run away and play for
someone else. That's what every business does. Think of a
law firm, they train up lawyers and then the lawyers
bugger off and work for another firm. Is this not
any different? Five to fourteen, Ryan Bridge, You remember the
American biotech outfit that wants to bring them more back
to life here in New Zealand. It's called Colossal Bioscience.
(05:48):
They're in Dallas. They did the dire Wolf pups. They
use ancient DNA and then they use gene editing and Huila,
they're back to life. They say they want to do
the same with the Mora and Sir Peter Jackson Ben
Lamb is their tie executive and co founder. Morning Ben, Hey,
how's it going very well? Thank you? So are you
really going to bring back the MOA or are you
going to bring back something that's kind of like the
(06:08):
mob but not quite the MA?
Speaker 7 (06:10):
Well, I mean yeah, we're going to bring back the Moa,
just like we brought back the dire Wolves, and we're
working on mammos and dodos.
Speaker 2 (06:15):
As well, but they don't you're not actually bring back
the ma, right. Like with the wolves, it's a great
wolf that has some characteristics of what has.
Speaker 7 (06:24):
The genes, so it has the genes that are specific
to that of the dire wolf that made a direwolf direwolf.
And so there's about sixty thousand years of genetic divergence
between our two diarwl samples, and we have about five
hundred times more data than anyone's ever had.
Speaker 3 (06:39):
On our wolves.
Speaker 7 (06:40):
And so what we do at Colossal, because we're a
geno engineering company, is think of us about think of
it as like rebuilding.
Speaker 3 (06:46):
Extinct species for today.
Speaker 5 (06:47):
Right.
Speaker 3 (06:48):
So I don't know if you've seen Jurassic Park.
Speaker 7 (06:50):
We occasionally get that reference, but it's just like Jurassic
Park in that in that regard, So we identify the
core genes that make some mammoth the mammoth and la
moa direwolf darwolf and engineer them into their closest living relatives.
There's actually more genetic distance between our two dire wolves
than there are from our most recent dire wolf, which
was calved one thousand, five hundred years ago and today's
(07:12):
modern wolf.
Speaker 3 (07:13):
And so that that's how evolution works.
Speaker 7 (07:15):
There's a lot of things that are called fixed mutations
that drive core phenotypes or physical attributes, and those.
Speaker 2 (07:21):
Are the things that we identify when we picture a maa.
I'm picturing it, you know, a seven meja told giant
bird running through the night of forest of New Zealand.
Is that what we'll get?
Speaker 1 (07:32):
Yeah?
Speaker 7 (07:33):
So, I mean it will have all the core phenotypes
that are driven by the core genes that made a
moa mo now work. There's as you probably know, there's
nine species of moa.
Speaker 3 (07:43):
One yeah, no, no, no, we're focusing on the South.
Speaker 7 (07:46):
Island giant moa, so the first one, which was the
biggest maha.
Speaker 3 (07:50):
So that's one that we're starting with.
Speaker 7 (07:52):
And then if the you know, New Zealand people, other
groups of the Malory people as well as the government
want us to work on other moss species, we'd be
open to it. But right now we're working with the
Knightsahu Research Center and specifically the South Island giamo.
Speaker 2 (08:08):
Okay, and how long before we could see it running
around the bush again.
Speaker 3 (08:12):
So I think it'll be a ten year project.
Speaker 7 (08:14):
It's a hard project, It's not quite as hard as
some of our other projects.
Speaker 3 (08:18):
But it is a very hard project. You know, there's
not great DNA. There's not been great samples.
Speaker 7 (08:24):
We've now gone through and sampled, you know, over one
hundred different bones or sorry, two hundred different bones, and
so we're not collecting those additional samples. And the first
thing that we do is to collect the ancient DNA
and then we have to map it all. We have
to do genetic reconstruction of the ancient genomes and then
map it to the closest living relatives in a different
and we do a ton of genome sequencing, like in
(08:46):
the case the dire wolves, people mistakenly thought the dire
wolves were closely related to jackals.
Speaker 3 (08:52):
Than they were wolves.
Speaker 7 (08:54):
Once we go through the process of understanding the genomes,
we can actually understand specifically.
Speaker 3 (08:59):
Where they far philo genetically.
Speaker 7 (09:01):
So there's a lot of really great data that comes
out of this from an educational perspective in terms of
like where animals actually sit in this this tree of life.
Speaker 3 (09:08):
And so that is the phase that we're into the project.
Speaker 7 (09:11):
Now, as we get through that phase, will then identify
kind of like what the genetic donor will be. And
then so who were we start from an editing perspective
and then we'll start editing from there.
Speaker 2 (09:25):
All right, then it sounds like you've got a lot
on your hands. Will let you get into it. That's
been Lamb from Colossal Bioscience as the CEO and co founder.
It is eighteen minutes after five.
Speaker 1 (09:37):
This is news Talk said be breaking news.
Speaker 2 (09:41):
Breaking news this morning, a statement from the Prime Minister.
That's the right Honorable Jim Bolger, former Prime Minister of
New Zealand, has passed away. Christopher Luxean's issued a statement
and has said that he was a towering figure in
New Zealand's political life, a leader of conviction, a reformer
of consequence, and a servant of the people whose legacy
has shaped our nation in profound and lasting ways. I
(10:04):
can tell you he turned ninety this year. He was
the Prime Minister from nineteen ninety through nineteen ninety seven.
Very influential leader for the country but also within the
National Party. So just repeating that breaking news this morning. Sadly,
the right Honorable Jim Bolger, former Prime Minister of New Zealand,
has died.
Speaker 1 (10:25):
Ryan Bridge.
Speaker 2 (10:26):
He's gone eighteen minutes after five. So we'll have reaction
to that very sad news for you this morning. Nine
two ninety two is the number to text. And also
we are going to talk about Simeon Brown heading to
the health conference. We'll talk about, oh, if you're going
to America, you want to go to America, well you
might want to be a little conservative with what you're
(10:47):
putting on social media because they are revoking visas left,
right and center. We'll look at that too. News Talk
set Bach.
Speaker 1 (10:54):
On your radio and online on iHeartRadio early edition with
Ryan Bridge and are the Supercenter explore are these accessories
and servicing all in one?
Speaker 2 (11:05):
News Talk said be five twenty one on news Talks.
Sa'd be the very sad news this morning that Jim
Bolger has passed away and we're getting tributes flowing. And
now this one from Winston Peters, who's our foreign minister.
And of course they had a fractress relationship through the nineties,
didn't they. But he says in his statement that from
nineteen ninety six onwards, mister Bolder and I led New
Zealand's first MMP government, which was a coalition between the
(11:27):
two much like the current arrangement. As the leader of
mister Bolder's coalition partner. I can attest he was a
man of his word. He did what he said he
was going to do, and we ran our coalition government
with integrity, focus and fidelity to New Zealanders who had
delivered a majority to our two political parties. He was
a proud New Zealander who served his country well as
(11:49):
Prime Minister. Those are the words of Winston Peter's twenty
two Minutes after.
Speaker 1 (11:52):
Five Bryan Bridge.
Speaker 2 (11:54):
If you feel like we're paying the highest price for
domestic airfes, you're wore not wrong. The Airport Council International
says domestic airfairs have increased sixty three percent in this
country since twenty nineteen. That's one of the biggest jumps
in the world. The report says it's mostly down to inflation,
not airport fees. Billy Moore is New Ze only the
Airport's Association Chief executive, Billy good morning, Good morning. This
(12:15):
report is from an It's an airport's group, isn't it?
So they would say this, wouldn't they look?
Speaker 8 (12:21):
Yeah, you're right, there's a global airports group. But the
methodology is robust. It draws on the same global data
sets used by both airports and airlines around the world,
so the data is sound.
Speaker 2 (12:32):
In New Zealand says, look, our costs have gone up.
That's the reason that the fares are going up. You know,
their costs are up forty percent of twenty nineteen. Their
prices are up thirty five percent.
Speaker 8 (12:43):
Look, criticizing airport charges has long been a business strategy
for large airlines at every point in the cycle. But
the airport charges are not the reason. It costs one
thy fifteen hundred dollars to fly to a regional center
on average, and airport charge is about five seven percent
of a total airline operating costs. What this report is
(13:06):
showing us is that the New Zealand's flight cost and
increases are the highest in the region. It's sixty three percent.
It is time to look more closely at why that is.
The key driver that we see is around capacity reduction.
So as airlines reduce their capacity, they're spreading those cost
(13:28):
increases that they're citing over a smaller number of passengers.
That's why flights are so full, that's why in views
are so high, and we really need to see that
start to tune around.
Speaker 2 (13:39):
I mean, they've got engine issues, this is what they
would argue anyway, is this just more of the it's
the airports versus the New Zealand. You know, this is
the long running saga continues.
Speaker 8 (13:49):
Oh look, you know, as I see, it's long been
a strategy for them to target airports. Is the problem?
I think this that's not the case.
Speaker 2 (14:00):
But your things are going up on they walking the
airport one hundred and forty four million dollars this year,
it'll be four hundred and seventy six million dollars by
twenty thirty two that they've got to pay.
Speaker 8 (14:10):
It's not that is a number that the airlines have
come up with. They're also going to be making is
it wrong? Billion dollars from that amount?
Speaker 2 (14:19):
Is the number wrong? Is the number wrong? How much
will they be paying in twenty thirty two if not
four hundred and seventy six million.
Speaker 8 (14:27):
The reason why that's not a number that's actually out
there is because the airport test to console with the
lines before they make any decisions around those cost to
twenty thirty two. So it is a lobbying exercise from
the airlines to come up with that number.
Speaker 2 (14:42):
All right, So the numbers wrong, numbers wrong? Billy, appreciate
your time this morning. That's Billy Moore and New Zealand
Airport's Association Chief Executive. Time is twenty five after five
News Talks B the early.
Speaker 1 (14:52):
Edition full the show podcast on Ihart Radio how It
By News.
Speaker 2 (14:56):
Talks A B, News TALKSB five twenty seven. This this
idea that our trading partners will somehow punish us for
lacking ambition on climate change. I don't think passes the
sniff test. Yes, there are some provisions and some agreements,
but they're vaguely worded enough that you can drive around them.
If the UK, or the EU, or even the Aussies
really wanted to punish us, they could. The question is
(15:18):
whether they would not could and why would they were
a fraction of global emissions. What difference does it make anyway?
But most importantly it'd be pot kettle black from them,
the Aussies, and we cover this at the time. So
they set their target of sixty two to seventy percent
reduction on two thousand and five levels last month. That
was lower than they were forecast to do. They were
(15:39):
criticized by green groups it was contrary to advice from
their equivalent of the Climate Change Commission, Naughty naughty, tisk tisk,
and the UK Star is being told to prepare the
government buildings there for temperatures of two degrees higher than
normal rather than the one point five limit that everyone's
hoping but failing to achieve. And the Big Four aren't
exactly doing their bit either. Just this morning, another new
(16:02):
climate report, because we get one every day. Guess what,
a record amount of emissions, the largest increase in modern
measurements since the nineteen fifties when we started doing that.
So it's not like the rest of the world is
covered in glory. It's a dog eat dog world out there,
and everyone's basically up for themselves. In New Zealand, there's
no exception. Does this mean the government's made the right call?
(16:24):
Can they saddle up on a high horse. No, But
it also doesn't mean we're about to get sued or
blocked by our trading partners. On news talks, they'd be
We'll stay with trade for a second because Scott Besson,
this is Trump's Treasury secretary. He's a really trusted guy.
He formed a Wall Street anyway, he's the go to
(16:46):
on China and trade, and they're locking heads. They're playing
that game of chicken. He has said this overnight, which
normally you wouldn't do. About in the diplomatic world, name names.
Speaker 9 (16:56):
There was a lower level trade person who was slightly
unhinged here in August I think his name is Lee
Kwongong and threatening, saying that the China would unleash chaos
on the global system if the US went ahead with
(17:18):
our darking fees for Chinese ships.
Speaker 2 (17:20):
Yeah, that's Scott Beson. We'll go to my US cory
after news.
Speaker 9 (17:24):
That's great.
Speaker 1 (17:27):
Views and views you trust to start your day. It's
early in this ship with Ryan Bridge and r V
Supercenter explore r VS access or reasons servicing Fall and
one news talks.
Speaker 5 (17:38):
It'd be.
Speaker 2 (17:40):
Twenty four away from six. You're on news Talk dB
tribute flowing in for Jim Bolder, former Prime minister who's
passed away. We're in the United States since South the
next fifteen minutes, and we'll talk about the state of
state housing, whether we should be owning any of it.
I mentioned earlier the US provoking visas for foreigners. So
if you are caught saying anything bad on social media
about or particularly about Charlie Kirk and issue, they are
(18:03):
very sensitive about obviously they will revoke your visa. Basically,
that's what you're the message you're getting from the State Department.
They've done it to six people already, Argentinian, Brazilian, German, Mexican,
someone from South Africa. They've ordered their visas revoked. I'll
read you one of the posts from one of the
people who got their visa revoked. Charlie Kirk won't be
remembered as a hero. He was used to AstroTurf a
(18:26):
movement of white nationalist trailer trash. That person can no
longer travel to the United State. And you go, what
about the First Amendment. Yeah, you've got the First Amendment.
That's freedom of speech. But at the end of the day,
it's their country and they can let it or kick
out whoever they want to. And the message here is
if you criticize them too much, they'll revoke your visa
or they won't let you in. It's twenty three to
(18:47):
six ray reporters around the country. Dunedin and Calum Good
morning morning, right, Central Otago Council elect We've got a
resignation already if we do.
Speaker 10 (18:58):
This is Dave Mackenzie, who has only just been voted
in but he's quit after facing those social media allegations
of unethical conduct during his time as a council contractor,
so that will our trigger a by election in the
coming months. Maya tamer Ally's told us this will come
at an additional cost for rate payers, but believes it's
(19:19):
the best outcome. A lower export expert at Otaga University,
Andrew Gettis, believes this is a bit of a national first.
He can't recall any other case where someone's been elected
and has pulled out before being formally sworn in. He
says a by election is now legally required as a
candidate can't pull themselves out of the position and allow
the person with the next greatest number of votes in.
Speaker 2 (19:41):
We haven't even got the official results back yet and
already you've got one bite in the dust.
Speaker 10 (19:46):
How's your weather, Charles, developing here bit clearing to find
this afternoon. We have that strong wind watch for Dunedin.
Strong southwest gales to ninety k's the heigh today fifteenth?
Speaker 2 (19:56):
All right, thanks Callum Courtney winter for christ Here it's Courtney,
good morning, Good morning, Ryan. People want the government to
do something with land.
Speaker 11 (20:03):
Yes, So the Phillipstown Community Hub is closing in March
because the Minister of Education has decided to dispose of
the land. Former trustee Wayne Hawkers, whose locals are feeling
blindsided as a local family gifted the land to the
government one hundred and fifty years ago. He says the
community's leased it since the local school closed in twenty eleven,
(20:24):
but in reality the government just wanted a babysitter for
the site. Hawker has asked the Education Minister to explore
all options, including gifting it back to the city, to
allow the trust and the Hub to continue its work.
Speaker 12 (20:37):
Why.
Speaker 2 (20:37):
How's your weather?
Speaker 11 (20:39):
Partly cloudy, a few showers from late this morning, possibly
heavy clearing, fine to early afternoon. Northwesterly is high of twenty.
Speaker 2 (20:47):
All right, thanks Courtney. That's got to welling with Max.
Morning Max, Good morning Ryan. Have you raised eyebrows about
that ferry builder?
Speaker 13 (20:54):
Yeah, you're a China expert. Be interesting to hear your
thoughts on this. It was confirmed yesterday the shipyard that
will build our two new Cook Strait ferries for twenty
twenty nine, Guangzhou Shipyard International. Some eyebrows raised about this one.
This is a Chinese state owned shipbuilder that is also
heavily involved in the country's military network. And of course,
with this battle for soft diplomacy in the Pacific Wolf warrior,
(21:16):
fear of Chinese espionage? Do we even want to risk it?
Not a concern for Winston Peters, he says. Guangzhou or
the GSI, apparently an international ship builder leader the military stuff.
Don't worry about that, he says. The spying, no, he says.
It is largely state owned but also partially publicly listed.
It does make warships, and it is now going to
make a couple of nice fairies for us with a
(21:38):
bar and cafe. Our newsrooms are dug up an independent
US Bipartisan Research Institute report that recently warned that international
customers of these guys are ultimately supporting China's defense industry.
But a deal's a deal. Yeah.
Speaker 2 (21:52):
My hot take for you would be that any Chinese
company is linked to the station, you know, you couldn't exactly,
you wouldn't be buying anything on it will not be
supporting the Chinese government somehow. And what are they things
is going to happen. They're going to spy on tourists going.
Speaker 13 (22:06):
Up plants and the listening devices on the Ferry. Listen
to Wellingtonian's complain as you wear that cloudy Period's Gusty
Northerly's nineteen.
Speaker 2 (22:15):
All right, thank you and Wendy is in the hot
seat today. Wendy, good morning, good to see you. What's
going on with Audio? Were hosting a big earthquake?
Speaker 14 (22:23):
Wow, I know it's that day. What is October sixteen
the country's national earthquake and tsunami evacuation drill, known as
the Shakeout. It'll see seven hundred and thirty thousand of
US drop cover and hold this morning. It's the highest
number of sign ups in six years. People across the
country will carry out the drill at nine thirty this
morning with a live event happening in Auckland's audero at
(22:46):
the Beach. Audio Beach Primary School is hosting the event.
The National Emergency Management Agency's John Price says earthquake risk
is clearly at the front of New Zealander's mines and
if you're not an audero, it'll be a self run event.
No no, no buzz on your phone, but you will
know to run that event yourself. At nine thirty, schools,
I guess and businesses may take part.
Speaker 2 (23:06):
Did you know about this before you came in. I
just say I did not know no idea. All right,
So nine thirty we're jumping under the desk, Wendy.
Speaker 14 (23:15):
That's exactly right we're doing at nine thirty. How's that weather, Well,
we're looking at a fine day, a few cutor clouds
around in, a few showers late morning day. We'll clear
by the evening though. We've got a westerly wind and
a high today, have nineteen degrees.
Speaker 2 (23:26):
Brilliant, Thank you. I got an update on the French
for you. The hot mess that is France and it's
political and economic situation at the moment. By the way,
we will also get to the US and we will
talk about state housing. Should we own all the state
houses we currently do or sell them all off? News
Talks VB. According to six News Talks, eb Let's return
to France because such a hot mess. It's fascinating to watch.
(23:49):
She had the prime minister out, then the prime minister
back in. Now the pension reforms are on ice anyway.
The new bit is the socialist They've come out overnight
saying they want a wealth tax. I mean they've been
saying that for a while, but now they think they
can actually get somewhere with it. A wealth tax of
two percent on the super rich. Basically, they've got to
get money from somewhere. They're in a really, really bad way.
How bad is the debt I had a look yesterday,
(24:11):
so it's the highest Eurozone well third highest in the
Eurozone behind Greece and Italy, one hundred and fourteen percent
of the economy. Add to the fact that you basically
can't pass a budget there to bring that down, and
the market say okay, well you're more of a risk
to lend to. Then they demand higher interest rates on
the debt the bonds, so a German bond will carry
(24:31):
interest rate about two point seven percent. The French government
needs to pay three and a half interest for its debt.
So the debt that you have in the debt that
they keep on borrowing gets more expensive to service, the
more risk the more you pay, the more you pay,
the more risky you are. It's kind of a spiral.
So the moral of the story is basically, don't be
(24:51):
like the French.
Speaker 1 (24:52):
International correspondence with ends and eye insurance.
Speaker 2 (24:56):
Peace of mind for New Zealand business shut down continues.
We're in the US education Ministry staff apparently can't log
into the working emails even and let's get a Ni Kappa,
a US correspondent, Nick, what's the latest.
Speaker 12 (25:08):
Yeah, Ryan, it's a mess. It's day fifteen now, so
we're into the third week. Still no end in sight.
I mean in terms of the votes. The Zenate is
voting again today, but for the Senate, they're hoping this
is going to be the ninth time. Lucky, because the
Republicans are putting forward the exact same bill that has
already been rejected eight times by the Democrats. Now they
want healthcare subsidies extended for millions of Americans. The Republicans
(25:30):
are saying no, and there's basically no middle ground to
try and force their hand. The Trump administration has now
frozen about thirty billion dollars worth of projects that are
in Democrat run areas of the country, and of course,
day by day the impact is getting worse. We've already
seen tons of flights across the country delayed, some canceled.
But then there's the issue of pay. Federal employees simply
(25:53):
aren't getting paid. As you mentioned, education staff can't log
into accounts. We've even seen thousands of people getting laid off,
and there are now warnings that this could be the
longest shut down in US history. The longest was thirty
five days during Donald Trump's first term. So we've got
twenty days to run until we get there. But the
thinking is there may be no common ground and therefore
we'll get to the thirty five day mark pretty quickly.
Speaker 2 (26:16):
Not a record you want to be sitting neck. What
about Trump and his bailout of the Argentinians openly now
saying he's just trying to help a brother out basically.
Speaker 12 (26:24):
I mean, it's quite incredible. There is strings attached to
this money. It's a twenty billion dollar currency swapp. It's
trying to stabilize Argentinan's financial markets that are in turmoil.
This is one world leader that Donald Trump really does like.
He was invited to Trump's inauguration in January, just one
of two world leaders. So Donald Trump happy to give
him the money, but saying that there are these strings attached,
(26:47):
basically that Malay's party has to win the upcoming midterm elections.
The US approval, Trump said are somewhat subject to who
wins the election. He said the US would not waste
our time helping Argentina if Malay loses. And remember, of course,
this is the US president who's previously lashed out against
(27:07):
foreign interference in US elections. The Democrats, unsurprisingly, they're not happy.
They're criticizing Donald Trump, accusing him of ignoring the shutdown
domestic problems here. But also there's criticism because this is
benefiting some of Donald Trump's closest allies, The Treasury Secretary
Scot Percent, a whole load of his friends are going
to benefit as a result of this bailout deal.
Speaker 2 (27:30):
Nick Harper, our US correspondent, it is eleve minutes away
from six Ryan Bridge, Can you report Rickens' textpayers are
getting a raw deal on state housing. The New Zealand
Initiative sees kying or order seventy seven thousand homes. Yes,
we own seventy seven thousand homes cost us twice as
much as the privates sick there and they're asking why
do we bother owning them. Dr Bryce Wilkinson's the report author,
joins us this morning, Bryce, good morning, is good morning.
(27:52):
What exactly is costing us twice as much?
Speaker 15 (27:56):
It's operating the seventy ship and powers and houses, so
that's repairs and maintenance and staff support and sort of
turning over tenants, give the new tenants, organizing new houses,
that sort of stuff.
Speaker 2 (28:12):
How have you come to that number? How have you
compared it to a private number? I went on.
Speaker 15 (28:19):
I found that there is a real estate room called
Lodge real Estate which does a lot of helping landlords
and buying and selling houses and has had indicative benchmarking
costructures for private landlords for reading our properties.
Speaker 2 (28:39):
And so that's what I've used to.
Speaker 15 (28:42):
Get the numbers for AURA. I've used the numbers in
their annual the last published annual report, which is the
one for twenty twenty three to twenty four. And what
I say in the report is that it would be
good if Caning and AURA itself commission to hire independent
experts to do its own authoritatia more authoritative beachmark comparisons
(29:08):
because it's got more of desegregated data than it publishes
and the end report books.
Speaker 2 (29:13):
So you're saying a better job than I. You're saying well,
and you're saying that the privacyctor does a better job
than the government does in terms of the cost.
Speaker 5 (29:22):
What do you want to do?
Speaker 2 (29:22):
Then sell them to community to third parties.
Speaker 15 (29:27):
Yes, there's an extent of survey of high oversease countries
do it, and there's an enormous diversity. So there's housing associations.
They're very prevalent in some of the European countries. We've
got we're getting that way a bit ourselves of community
housing providers. We could do a lot more of that.
(29:48):
The UK transferred ownership to a lot of the tenants
who are occupying them, over one million homes there, so
that's another option. But the important thing is to empower
the tenants and if they if they get captured and
caused in the state House, the neighbors might be really
unsavory with peers might not be doing being done and
(30:11):
that sort of trapped there. If they can just move,
take the money and move, find another land all over,
a housing association or CHP, then they've got more options,
more in control of their own large all right.
Speaker 2 (30:26):
Bryce appreciated that. Doctor Bryce Wilkinson, who's the report author
from the New Zealand Initiative. It's eight minutes away from six.
Speaker 1 (30:32):
Ryan Bridge on early edition with r VS Supercenter explore
r VS accessories and servicing all in one news talks.
Speaker 2 (30:40):
The'd be it's six minutes away from six. Hey, the
Chinese have got the Chinese banks have got some of
the cheapest rates out there for mortgages at the moment.
I see BC's launched a four point twenty five percent
one year fixed mortgage rate. If you're like me and
you're kind of in the market and looking around, then
these cheap Chinese ones attempting Bank of China's next. It's
twenty basis points lower, many points lower than the Ossie
(31:02):
banks that are offering it. And then you go, well,
can you trust borrowing from one? Apparently you can, but
apparently it's very much an Auckland thing. They don't really
offer it to the rest of the country. And news
talks he'd be it is five to two now for
it much from the studio morning, Mike Morning. So you
would have obviously interviewed in Bulgium many times.
Speaker 16 (31:21):
Over the years, many many, many many times.
Speaker 2 (31:23):
He's ninety years old this year and passed away overnight.
For those just joining us.
Speaker 16 (31:28):
Sad, sad, but not tragic, because nineties ninety Zeman him
this morning. He it was a funny old thing he was,
I suppose when we always go how big was he?
How good, you know, what's the legacy. And he won
three terms, so not many do. So there's that ended
in tears. Yeah, I don't know if you remember it,
(31:48):
but he was.
Speaker 2 (31:49):
It was where it all began.
Speaker 16 (31:51):
It was it started that theory you never leave the
country in troubled times. Because he had left the country
to go to Chogham and at that point Shipley was
rounding up the numbers and by the time he got
back he knew it was all. It was Nimes at Christmas, Yeah,
it was and so and of course part of the
problem was he was an advocate for MMP and as
a result of MMP Winston, who of course once upon
a time was a member of the National Party until
(32:12):
it all when you know, it became problematic. So it
was one of those coalition things that never quite went
to and interesting, as history repeats itself, one of the
things that drove Shipley was there was a sense of
a lack of direction and a lack of action, irony
of ironies, and so she was sick of it, so
they went for it.
Speaker 2 (32:32):
Yeah, it's interesting to hear him talk about Winston, that is,
he's reflecting on his relationship with him over the years.
You know, saying it was it.
Speaker 16 (32:40):
It's funny how you remember things in hindsight.
Speaker 2 (32:43):
I've been remembering. I must have been about seven or eight,
and my first memory of sort of anything political was
going to Wellington team New Zealand had won the America's
Cup and there was a big parade and I can
just remember all the ticket tape and he was there,
Jim Boljer and shook my hand and I'm inmber coming.
Oh wow, wow, just being absolutely amazed that the what acent.
Speaker 16 (33:04):
Did he use? Because the famous thing about Old was
every time he went overseas he was in about twenty
four hours developed the accents of the country he was in.
It was the funniest thing. But anyway, ironically on complete
the other Man, we happened to have Bill English on
the program.
Speaker 2 (33:20):
He doesn't speak publicly very often these days. No, he doesn't.
Speaker 16 (33:23):
Ah, So he had a good type working relationship with him.
So well, we'll spend some time with him later.
Speaker 2 (33:27):
Brilliant. All right, Mike's with you next. I'll be back
with you tomorrow for a Friday morning. Have a great day,
all you.
Speaker 3 (33:34):
Person over again
Speaker 1 (33:38):
For more from early edition with Ryan Bridge, listen live
to news Talks it'd be from five am weekdays, or
follow the podcast on iHeartRadio
The issues, the interviews and the insight. Ryan Bridge on
Earli Ereditia with our the Supercenter, explore our v successories
and servicing all in one news talks. There'd be good.
Speaker 2 (00:12):
Morning Thursday morning. Should we be selling more state housing stock?
Infect should we be selling all of it? Trump's basically
trying to fix the Argentinian election. We'll look at that
this morning. New numbers on big airfare, increases, the battle
between airports and are in Z carries on and we'll
talk to the guys bringing back the more.
Speaker 1 (00:29):
The agenda Thursday.
Speaker 2 (00:30):
The sixth thing of October. Great to have your company.
So he mus handed back four hostages bodies Israel says,
one of them.
Speaker 3 (00:36):
Ain't ours clear when we say this come us?
Speaker 4 (00:40):
The terror organization is required to uphold its commitments to
the mediators and return all of our hostages as part
of the implementation of this agreement. We will not compromise
on this, and we will spare no effort until our
fallen hostages return.
Speaker 2 (00:56):
Meanwhile, Trump has said that BB's has made be Be
not the easiest to work with, and yeah, Who's responded, Well,
hope he says.
Speaker 5 (01:02):
That because I'm very tough on the matters that pretend
to my country's future. When I believe that what I'm
asked to do it is fine, I say this. And
when I think I have to say no, I say it.
And that's my job. My job is to protect the
Jewish state and assure the future of the Jewish people.
Speaker 2 (01:25):
To Argentinia, we have Mlai. This is the libertarian leader
who's doing all the big reforms. Got some midterms coming up,
and Trump has stepped up with twenty billion dollars in aid.
This is basically to bail out the currency, and he's
pretty much said this is to influence the vote.
Speaker 6 (01:41):
If he loses, we are not going to be generous
with Argentina.
Speaker 3 (01:44):
We're going to work very.
Speaker 6 (01:46):
Much with the president. We think he's going to win,
he should win, and if he does win, we're going
to be very helpful. And if he doesn't win, we're
not going to waste our time because you have somebody
whose philosophy has no chance of making argent Jenna great again.
Speaker 1 (02:02):
The news you need this morning and the in depth
analysis Early edition with Ryan Bridge and r V Supercenter
explore r v's accessories and servicing. Fall than one.
Speaker 2 (02:12):
News talks a'd be nine two nine two, just gone
eight half to five. We have more on the Argentinian
situation later in the programs. Simeon Brown is putting his
big boy pants on this morning. He's going into the
lions Den. This is to a union conference to Papa
and Wellington two hundred senior doctors. They got the strike.
They've got the mega strike coming next week, which is
(02:32):
all very exciting, but they've basically been at war but
sparring at a distance. Now Simeon's getting in the cage,
so'd be interesting to see that's coming after nine o'clock
this morning, and he hates it. They hate it, I
should say. Whenever he says how much they get paid,
so he always says the average pay and he always
gets in there. The teas and seys with overtime and
(02:54):
bonuses is three hundred and forty thousand dollars a year,
which would actually be more than he earns. Anyway, makes
them very grumpy. So it'd be interesting to see whether
he mentions that when he speaks to them and addresses
them at Papa today. Here's a question for you this morning,
which party do you most trust on an education? I
was thinking about this last night. The polls on the
economy don't exactly bode well for the coalition? Do they
(03:17):
all don't bode well for national in particular, I should say,
and that's no surprise. I mean, look at the economy.
The recovery's been faltering, being patchy. We've got the Reserve
Bank doing all the heavy lifting, which they've been a
little bit reluctant to do with any gusto of late
until of late. I should say, the results basically speak
for themselves. We went backwards almost a percent in quarter two.
(03:39):
But if you're judging the economy on results, that means
that results must be important, right, And if results are important,
you cannot deny the quick wins that Erica Stamford's having
an education? Can you turns out doing basic things regularly
and with structure gets results. Who would have thought so?
The polls on the economy are fair, But I would
love to know whether the same logic applies to education,
(04:02):
which is usually a default portfolio in the bag for labor.
Speaker 1 (04:06):
Bryan Bridge five.
Speaker 2 (04:07):
Ten on News talksb We'll head to Dallas in the
state's next talk to this biotech company about our MA
and Peter Jackson.
Speaker 1 (04:15):
Get ahead of the headlines on early edition with Brian
Bridge and r V Supercenter explore RV's accessories and servicing
all in one News TALKS'B.
Speaker 2 (04:26):
Five twelve at Tyndall's R three sixty thing. This drama
seems to me to just be a little over the
top and outrageous. How can you say? In New Zealand
along with part of eight national rugby organizations that have
said basically any player that plays for this won't be
selected for tests. But then you have the Aussie Rugby
League Commission come out and say we're going to go
(04:47):
one further. We are going to ban any player who
joins this new upstart outfit for a decade. Can you
do that? It's obviously meant as a massive threat, like
if you're off contract at the moment, or you're coming
off contract, you might be shaking in your boots a bit.
Or if I go with Tyndall and the Saudis then
I won't be able to come back here if I
(05:07):
need to, So it's kind of a standover tactic, isn't it.
They even this is The Aussies call this a pirate
economic outfit. They are economic pirates. Is this even legal
or enforceable. I would question that. And this idea that
you train Westment all this time, training up all these players,
(05:28):
and then they can't just run away and play for
someone else. That's what every business does. Think of a
law firm, they train up lawyers and then the lawyers
bugger off and work for another firm. Is this not
any different? Five to fourteen, Ryan Bridge, You remember the
American biotech outfit that wants to bring them more back
to life here in New Zealand. It's called Colossal Bioscience.
(05:48):
They're in Dallas. They did the dire Wolf pups. They
use ancient DNA and then they use gene editing and Huila,
they're back to life. They say they want to do
the same with the Mora and Sir Peter Jackson Ben
Lamb is their tie executive and co founder. Morning Ben, Hey,
how's it going very well? Thank you? So are you
really going to bring back the MOA or are you
going to bring back something that's kind of like the
(06:08):
mob but not quite the MA?
Speaker 7 (06:10):
Well, I mean yeah, we're going to bring back the Moa,
just like we brought back the dire Wolves, and we're
working on mammos and dodos.
Speaker 2 (06:15):
As well, but they don't you're not actually bring back
the ma, right. Like with the wolves, it's a great
wolf that has some characteristics of what has.
Speaker 7 (06:24):
The genes, so it has the genes that are specific
to that of the dire wolf that made a direwolf direwolf.
And so there's about sixty thousand years of genetic divergence
between our two diarwl samples, and we have about five
hundred times more data than anyone's ever had.
Speaker 3 (06:39):
On our wolves.
Speaker 7 (06:40):
And so what we do at Colossal, because we're a
geno engineering company, is think of us about think of
it as like rebuilding.
Speaker 3 (06:46):
Extinct species for today.
Speaker 5 (06:47):
Right.
Speaker 3 (06:48):
So I don't know if you've seen Jurassic Park.
Speaker 7 (06:50):
We occasionally get that reference, but it's just like Jurassic
Park in that in that regard, So we identify the
core genes that make some mammoth the mammoth and la
moa direwolf darwolf and engineer them into their closest living relatives.
There's actually more genetic distance between our two dire wolves
than there are from our most recent dire wolf, which
was calved one thousand, five hundred years ago and today's
(07:12):
modern wolf.
Speaker 3 (07:13):
And so that that's how evolution works.
Speaker 7 (07:15):
There's a lot of things that are called fixed mutations
that drive core phenotypes or physical attributes, and those.
Speaker 2 (07:21):
Are the things that we identify when we picture a maa.
I'm picturing it, you know, a seven meja told giant
bird running through the night of forest of New Zealand.
Is that what we'll get?
Speaker 1 (07:32):
Yeah?
Speaker 7 (07:33):
So, I mean it will have all the core phenotypes
that are driven by the core genes that made a
moa mo now work. There's as you probably know, there's
nine species of moa.
Speaker 3 (07:43):
One yeah, no, no, no, we're focusing on the South.
Speaker 7 (07:46):
Island giant moa, so the first one, which was the
biggest maha.
Speaker 3 (07:50):
So that's one that we're starting with.
Speaker 7 (07:52):
And then if the you know, New Zealand people, other
groups of the Malory people as well as the government
want us to work on other moss species, we'd be
open to it. But right now we're working with the
Knightsahu Research Center and specifically the South Island giamo.
Speaker 2 (08:08):
Okay, and how long before we could see it running
around the bush again.
Speaker 3 (08:12):
So I think it'll be a ten year project.
Speaker 7 (08:14):
It's a hard project, It's not quite as hard as
some of our other projects.
Speaker 3 (08:18):
But it is a very hard project. You know, there's
not great DNA. There's not been great samples.
Speaker 7 (08:24):
We've now gone through and sampled, you know, over one
hundred different bones or sorry, two hundred different bones, and
so we're not collecting those additional samples. And the first
thing that we do is to collect the ancient DNA
and then we have to map it all. We have
to do genetic reconstruction of the ancient genomes and then
map it to the closest living relatives in a different
and we do a ton of genome sequencing, like in
(08:46):
the case the dire wolves, people mistakenly thought the dire
wolves were closely related to jackals.
Speaker 3 (08:52):
Than they were wolves.
Speaker 7 (08:54):
Once we go through the process of understanding the genomes,
we can actually understand specifically.
Speaker 3 (08:59):
Where they far philo genetically.
Speaker 7 (09:01):
So there's a lot of really great data that comes
out of this from an educational perspective in terms of
like where animals actually sit in this this tree of life.
Speaker 3 (09:08):
And so that is the phase that we're into the project.
Speaker 7 (09:11):
Now, as we get through that phase, will then identify
kind of like what the genetic donor will be. And
then so who were we start from an editing perspective
and then we'll start editing from there.
Speaker 2 (09:25):
All right, then it sounds like you've got a lot
on your hands. Will let you get into it. That's
been Lamb from Colossal Bioscience as the CEO and co founder.
It is eighteen minutes after five.
Speaker 1 (09:37):
This is news Talk said be breaking news.
Speaker 2 (09:41):
Breaking news this morning, a statement from the Prime Minister.
That's the right Honorable Jim Bolger, former Prime Minister of
New Zealand, has passed away. Christopher Luxean's issued a statement
and has said that he was a towering figure in
New Zealand's political life, a leader of conviction, a reformer
of consequence, and a servant of the people whose legacy
has shaped our nation in profound and lasting ways. I
(10:04):
can tell you he turned ninety this year. He was
the Prime Minister from nineteen ninety through nineteen ninety seven.
Very influential leader for the country but also within the
National Party. So just repeating that breaking news this morning. Sadly,
the right Honorable Jim Bolger, former Prime Minister of New Zealand,
has died.
Speaker 1 (10:25):
Ryan Bridge.
Speaker 2 (10:26):
He's gone eighteen minutes after five. So we'll have reaction
to that very sad news for you this morning. Nine
two ninety two is the number to text. And also
we are going to talk about Simeon Brown heading to
the health conference. We'll talk about, oh, if you're going
to America, you want to go to America, well you
might want to be a little conservative with what you're
(10:47):
putting on social media because they are revoking visas left,
right and center. We'll look at that too. News Talk
set Bach.
Speaker 1 (10:54):
On your radio and online on iHeartRadio early edition with
Ryan Bridge and are the Supercenter explore are these accessories
and servicing all in one?
Speaker 2 (11:05):
News Talk said be five twenty one on news Talks.
Sa'd be the very sad news this morning that Jim
Bolger has passed away and we're getting tributes flowing. And
now this one from Winston Peters, who's our foreign minister.
And of course they had a fractress relationship through the nineties,
didn't they. But he says in his statement that from
nineteen ninety six onwards, mister Bolder and I led New
Zealand's first MMP government, which was a coalition between the
(11:27):
two much like the current arrangement. As the leader of
mister Bolder's coalition partner. I can attest he was a
man of his word. He did what he said he
was going to do, and we ran our coalition government
with integrity, focus and fidelity to New Zealanders who had
delivered a majority to our two political parties. He was
a proud New Zealander who served his country well as
(11:49):
Prime Minister. Those are the words of Winston Peter's twenty
two Minutes after.
Speaker 1 (11:52):
Five Bryan Bridge.
Speaker 2 (11:54):
If you feel like we're paying the highest price for
domestic airfes, you're wore not wrong. The Airport Council International
says domestic airfairs have increased sixty three percent in this
country since twenty nineteen. That's one of the biggest jumps
in the world. The report says it's mostly down to inflation,
not airport fees. Billy Moore is New Ze only the
Airport's Association Chief executive, Billy good morning, Good morning. This
(12:15):
report is from an It's an airport's group, isn't it?
So they would say this, wouldn't they look?
Speaker 8 (12:21):
Yeah, you're right, there's a global airports group. But the
methodology is robust. It draws on the same global data
sets used by both airports and airlines around the world,
so the data is sound.
Speaker 2 (12:32):
In New Zealand says, look, our costs have gone up.
That's the reason that the fares are going up. You know,
their costs are up forty percent of twenty nineteen. Their
prices are up thirty five percent.
Speaker 8 (12:43):
Look, criticizing airport charges has long been a business strategy
for large airlines at every point in the cycle. But
the airport charges are not the reason. It costs one
thy fifteen hundred dollars to fly to a regional center
on average, and airport charge is about five seven percent
of a total airline operating costs. What this report is
(13:06):
showing us is that the New Zealand's flight cost and
increases are the highest in the region. It's sixty three percent.
It is time to look more closely at why that is.
The key driver that we see is around capacity reduction.
So as airlines reduce their capacity, they're spreading those cost
(13:28):
increases that they're citing over a smaller number of passengers.
That's why flights are so full, that's why in views
are so high, and we really need to see that
start to tune around.
Speaker 2 (13:39):
I mean, they've got engine issues, this is what they
would argue anyway, is this just more of the it's
the airports versus the New Zealand. You know, this is
the long running saga continues.
Speaker 8 (13:49):
Oh look, you know, as I see, it's long been
a strategy for them to target airports. Is the problem?
I think this that's not the case.
Speaker 2 (14:00):
But your things are going up on they walking the
airport one hundred and forty four million dollars this year,
it'll be four hundred and seventy six million dollars by
twenty thirty two that they've got to pay.
Speaker 8 (14:10):
It's not that is a number that the airlines have
come up with. They're also going to be making is
it wrong? Billion dollars from that amount?
Speaker 2 (14:19):
Is the number wrong? Is the number wrong? How much
will they be paying in twenty thirty two if not
four hundred and seventy six million.
Speaker 8 (14:27):
The reason why that's not a number that's actually out
there is because the airport test to console with the
lines before they make any decisions around those cost to
twenty thirty two. So it is a lobbying exercise from
the airlines to come up with that number.
Speaker 2 (14:42):
All right, So the numbers wrong, numbers wrong? Billy, appreciate
your time this morning. That's Billy Moore and New Zealand
Airport's Association Chief Executive. Time is twenty five after five
News Talks B the early.
Speaker 1 (14:52):
Edition full the show podcast on Ihart Radio how It
By News.
Speaker 2 (14:56):
Talks A B, News TALKSB five twenty seven. This this
idea that our trading partners will somehow punish us for
lacking ambition on climate change. I don't think passes the
sniff test. Yes, there are some provisions and some agreements,
but they're vaguely worded enough that you can drive around them.
If the UK, or the EU, or even the Aussies
really wanted to punish us, they could. The question is
(15:18):
whether they would not could and why would they were
a fraction of global emissions. What difference does it make anyway?
But most importantly it'd be pot kettle black from them,
the Aussies, and we cover this at the time. So
they set their target of sixty two to seventy percent
reduction on two thousand and five levels last month. That
was lower than they were forecast to do. They were
(15:39):
criticized by green groups it was contrary to advice from
their equivalent of the Climate Change Commission, Naughty naughty, tisk tisk,
and the UK Star is being told to prepare the
government buildings there for temperatures of two degrees higher than
normal rather than the one point five limit that everyone's
hoping but failing to achieve. And the Big Four aren't
exactly doing their bit either. Just this morning, another new
(16:02):
climate report, because we get one every day. Guess what,
a record amount of emissions, the largest increase in modern
measurements since the nineteen fifties when we started doing that.
So it's not like the rest of the world is
covered in glory. It's a dog eat dog world out there,
and everyone's basically up for themselves. In New Zealand, there's
no exception. Does this mean the government's made the right call?
(16:24):
Can they saddle up on a high horse. No, But
it also doesn't mean we're about to get sued or
blocked by our trading partners. On news talks, they'd be
We'll stay with trade for a second because Scott Besson,
this is Trump's Treasury secretary. He's a really trusted guy.
He formed a Wall Street anyway, he's the go to
(16:46):
on China and trade, and they're locking heads. They're playing
that game of chicken. He has said this overnight, which
normally you wouldn't do. About in the diplomatic world, name names.
Speaker 9 (16:56):
There was a lower level trade person who was slightly
unhinged here in August I think his name is Lee
Kwongong and threatening, saying that the China would unleash chaos
on the global system if the US went ahead with
(17:18):
our darking fees for Chinese ships.
Speaker 2 (17:20):
Yeah, that's Scott Beson. We'll go to my US cory
after news.
Speaker 9 (17:24):
That's great.
Speaker 1 (17:27):
Views and views you trust to start your day. It's
early in this ship with Ryan Bridge and r V
Supercenter explore r VS access or reasons servicing Fall and
one news talks.
Speaker 5 (17:38):
It'd be.
Speaker 2 (17:40):
Twenty four away from six. You're on news Talk dB
tribute flowing in for Jim Bolder, former Prime minister who's
passed away. We're in the United States since South the
next fifteen minutes, and we'll talk about the state of
state housing, whether we should be owning any of it.
I mentioned earlier the US provoking visas for foreigners. So
if you are caught saying anything bad on social media
about or particularly about Charlie Kirk and issue, they are
(18:03):
very sensitive about obviously they will revoke your visa. Basically,
that's what you're the message you're getting from the State Department.
They've done it to six people already, Argentinian, Brazilian, German, Mexican,
someone from South Africa. They've ordered their visas revoked. I'll
read you one of the posts from one of the
people who got their visa revoked. Charlie Kirk won't be
remembered as a hero. He was used to AstroTurf a
(18:26):
movement of white nationalist trailer trash. That person can no
longer travel to the United State. And you go, what
about the First Amendment. Yeah, you've got the First Amendment.
That's freedom of speech. But at the end of the day,
it's their country and they can let it or kick
out whoever they want to. And the message here is
if you criticize them too much, they'll revoke your visa
or they won't let you in. It's twenty three to
(18:47):
six ray reporters around the country. Dunedin and Calum Good
morning morning, right, Central Otago Council elect We've got a
resignation already if we do.
Speaker 10 (18:58):
This is Dave Mackenzie, who has only just been voted
in but he's quit after facing those social media allegations
of unethical conduct during his time as a council contractor,
so that will our trigger a by election in the
coming months. Maya tamer Ally's told us this will come
at an additional cost for rate payers, but believes it's
(19:19):
the best outcome. A lower export expert at Otaga University,
Andrew Gettis, believes this is a bit of a national first.
He can't recall any other case where someone's been elected
and has pulled out before being formally sworn in. He
says a by election is now legally required as a
candidate can't pull themselves out of the position and allow
the person with the next greatest number of votes in.
Speaker 2 (19:41):
We haven't even got the official results back yet and
already you've got one bite in the dust.
Speaker 10 (19:46):
How's your weather, Charles, developing here bit clearing to find
this afternoon. We have that strong wind watch for Dunedin.
Strong southwest gales to ninety k's the heigh today fifteenth?
Speaker 2 (19:56):
All right, thanks Callum Courtney winter for christ Here it's Courtney,
good morning, Good morning, Ryan. People want the government to
do something with land.
Speaker 11 (20:03):
Yes, So the Phillipstown Community Hub is closing in March
because the Minister of Education has decided to dispose of
the land. Former trustee Wayne Hawkers, whose locals are feeling
blindsided as a local family gifted the land to the
government one hundred and fifty years ago. He says the
community's leased it since the local school closed in twenty eleven,
(20:24):
but in reality the government just wanted a babysitter for
the site. Hawker has asked the Education Minister to explore
all options, including gifting it back to the city, to
allow the trust and the Hub to continue its work.
Speaker 12 (20:37):
Why.
Speaker 2 (20:37):
How's your weather?
Speaker 11 (20:39):
Partly cloudy, a few showers from late this morning, possibly
heavy clearing, fine to early afternoon. Northwesterly is high of twenty.
Speaker 2 (20:47):
All right, thanks Courtney. That's got to welling with Max.
Morning Max, Good morning Ryan. Have you raised eyebrows about
that ferry builder?
Speaker 13 (20:54):
Yeah, you're a China expert. Be interesting to hear your
thoughts on this. It was confirmed yesterday the shipyard that
will build our two new Cook Strait ferries for twenty
twenty nine, Guangzhou Shipyard International. Some eyebrows raised about this one.
This is a Chinese state owned shipbuilder that is also
heavily involved in the country's military network. And of course,
with this battle for soft diplomacy in the Pacific Wolf warrior,
(21:16):
fear of Chinese espionage? Do we even want to risk it?
Not a concern for Winston Peters, he says. Guangzhou or
the GSI, apparently an international ship builder leader the military stuff.
Don't worry about that, he says. The spying, no, he says.
It is largely state owned but also partially publicly listed.
It does make warships, and it is now going to
make a couple of nice fairies for us with a
(21:38):
bar and cafe. Our newsrooms are dug up an independent
US Bipartisan Research Institute report that recently warned that international
customers of these guys are ultimately supporting China's defense industry.
But a deal's a deal. Yeah.
Speaker 2 (21:52):
My hot take for you would be that any Chinese
company is linked to the station, you know, you couldn't exactly,
you wouldn't be buying anything on it will not be
supporting the Chinese government somehow. And what are they things
is going to happen. They're going to spy on tourists going.
Speaker 13 (22:06):
Up plants and the listening devices on the Ferry. Listen
to Wellingtonian's complain as you wear that cloudy Period's Gusty
Northerly's nineteen.
Speaker 2 (22:15):
All right, thank you and Wendy is in the hot
seat today. Wendy, good morning, good to see you. What's
going on with Audio? Were hosting a big earthquake?
Speaker 14 (22:23):
Wow, I know it's that day. What is October sixteen
the country's national earthquake and tsunami evacuation drill, known as
the Shakeout. It'll see seven hundred and thirty thousand of
US drop cover and hold this morning. It's the highest
number of sign ups in six years. People across the
country will carry out the drill at nine thirty this
morning with a live event happening in Auckland's audero at
(22:46):
the Beach. Audio Beach Primary School is hosting the event.
The National Emergency Management Agency's John Price says earthquake risk
is clearly at the front of New Zealander's mines and
if you're not an audero, it'll be a self run event.
No no, no buzz on your phone, but you will
know to run that event yourself. At nine thirty, schools,
I guess and businesses may take part.
Speaker 2 (23:06):
Did you know about this before you came in. I
just say I did not know no idea. All right,
So nine thirty we're jumping under the desk, Wendy.
Speaker 14 (23:15):
That's exactly right we're doing at nine thirty. How's that weather, Well,
we're looking at a fine day, a few cutor clouds
around in, a few showers late morning day. We'll clear
by the evening though. We've got a westerly wind and
a high today, have nineteen degrees.
Speaker 2 (23:26):
Brilliant, Thank you. I got an update on the French
for you. The hot mess that is France and it's
political and economic situation at the moment. By the way,
we will also get to the US and we will
talk about state housing. Should we own all the state
houses we currently do or sell them all off? News
Talks VB. According to six News Talks, eb Let's return
to France because such a hot mess. It's fascinating to watch.
(23:49):
She had the prime minister out, then the prime minister
back in. Now the pension reforms are on ice anyway.
The new bit is the socialist They've come out overnight
saying they want a wealth tax. I mean they've been
saying that for a while, but now they think they
can actually get somewhere with it. A wealth tax of
two percent on the super rich. Basically, they've got to
get money from somewhere. They're in a really, really bad way.
How bad is the debt I had a look yesterday,
(24:11):
so it's the highest Eurozone well third highest in the
Eurozone behind Greece and Italy, one hundred and fourteen percent
of the economy. Add to the fact that you basically
can't pass a budget there to bring that down, and
the market say okay, well you're more of a risk
to lend to. Then they demand higher interest rates on
the debt the bonds, so a German bond will carry
(24:31):
interest rate about two point seven percent. The French government
needs to pay three and a half interest for its debt.
So the debt that you have in the debt that
they keep on borrowing gets more expensive to service, the
more risk the more you pay, the more you pay,
the more risky you are. It's kind of a spiral.
So the moral of the story is basically, don't be
(24:51):
like the French.
Speaker 1 (24:52):
International correspondence with ends and eye insurance.
Speaker 2 (24:56):
Peace of mind for New Zealand business shut down continues.
We're in the US education Ministry staff apparently can't log
into the working emails even and let's get a Ni Kappa,
a US correspondent, Nick, what's the latest.
Speaker 12 (25:08):
Yeah, Ryan, it's a mess. It's day fifteen now, so
we're into the third week. Still no end in sight.
I mean in terms of the votes. The Zenate is
voting again today, but for the Senate, they're hoping this
is going to be the ninth time. Lucky, because the
Republicans are putting forward the exact same bill that has
already been rejected eight times by the Democrats. Now they
want healthcare subsidies extended for millions of Americans. The Republicans
(25:30):
are saying no, and there's basically no middle ground to
try and force their hand. The Trump administration has now
frozen about thirty billion dollars worth of projects that are
in Democrat run areas of the country, and of course,
day by day the impact is getting worse. We've already
seen tons of flights across the country delayed, some canceled.
But then there's the issue of pay. Federal employees simply
(25:53):
aren't getting paid. As you mentioned, education staff can't log
into accounts. We've even seen thousands of people getting laid off,
and there are now warnings that this could be the
longest shut down in US history. The longest was thirty
five days during Donald Trump's first term. So we've got
twenty days to run until we get there. But the
thinking is there may be no common ground and therefore
we'll get to the thirty five day mark pretty quickly.
Speaker 2 (26:16):
Not a record you want to be sitting neck. What
about Trump and his bailout of the Argentinians openly now
saying he's just trying to help a brother out basically.
Speaker 12 (26:24):
I mean, it's quite incredible. There is strings attached to
this money. It's a twenty billion dollar currency swapp. It's
trying to stabilize Argentinan's financial markets that are in turmoil.
This is one world leader that Donald Trump really does like.
He was invited to Trump's inauguration in January, just one
of two world leaders. So Donald Trump happy to give
him the money, but saying that there are these strings attached,
(26:47):
basically that Malay's party has to win the upcoming midterm elections.
The US approval, Trump said are somewhat subject to who
wins the election. He said the US would not waste
our time helping Argentina if Malay loses. And remember, of course,
this is the US president who's previously lashed out against
(27:07):
foreign interference in US elections. The Democrats, unsurprisingly, they're not happy.
They're criticizing Donald Trump, accusing him of ignoring the shutdown
domestic problems here. But also there's criticism because this is
benefiting some of Donald Trump's closest allies, The Treasury Secretary
Scot Percent, a whole load of his friends are going
to benefit as a result of this bailout deal.
Speaker 2 (27:30):
Nick Harper, our US correspondent, it is eleve minutes away
from six Ryan Bridge, Can you report Rickens' textpayers are
getting a raw deal on state housing. The New Zealand
Initiative sees kying or order seventy seven thousand homes. Yes,
we own seventy seven thousand homes cost us twice as
much as the privates sick there and they're asking why
do we bother owning them. Dr Bryce Wilkinson's the report author,
joins us this morning, Bryce, good morning, is good morning.
(27:52):
What exactly is costing us twice as much?
Speaker 15 (27:56):
It's operating the seventy ship and powers and houses, so
that's repairs and maintenance and staff support and sort of
turning over tenants, give the new tenants, organizing new houses,
that sort of stuff.
Speaker 2 (28:12):
How have you come to that number? How have you
compared it to a private number? I went on.
Speaker 15 (28:19):
I found that there is a real estate room called
Lodge real Estate which does a lot of helping landlords
and buying and selling houses and has had indicative benchmarking
costructures for private landlords for reading our properties.
Speaker 2 (28:39):
And so that's what I've used to.
Speaker 15 (28:42):
Get the numbers for AURA. I've used the numbers in
their annual the last published annual report, which is the
one for twenty twenty three to twenty four. And what
I say in the report is that it would be
good if Caning and AURA itself commission to hire independent
experts to do its own authoritatia more authoritative beachmark comparisons
(29:08):
because it's got more of desegregated data than it publishes
and the end report books.
Speaker 2 (29:13):
So you're saying a better job than I. You're saying well,
and you're saying that the privacyctor does a better job
than the government does in terms of the cost.
Speaker 5 (29:22):
What do you want to do?
Speaker 2 (29:22):
Then sell them to community to third parties.
Speaker 15 (29:27):
Yes, there's an extent of survey of high oversease countries
do it, and there's an enormous diversity. So there's housing associations.
They're very prevalent in some of the European countries. We've
got we're getting that way a bit ourselves of community
housing providers. We could do a lot more of that.
(29:48):
The UK transferred ownership to a lot of the tenants
who are occupying them, over one million homes there, so
that's another option. But the important thing is to empower
the tenants and if they if they get captured and
caused in the state House, the neighbors might be really
unsavory with peers might not be doing being done and
(30:11):
that sort of trapped there. If they can just move,
take the money and move, find another land all over,
a housing association or CHP, then they've got more options,
more in control of their own large all right.
Speaker 2 (30:26):
Bryce appreciated that. Doctor Bryce Wilkinson, who's the report author
from the New Zealand Initiative. It's eight minutes away from six.
Speaker 1 (30:32):
Ryan Bridge on early edition with r VS Supercenter explore
r VS accessories and servicing all in one news talks.
Speaker 2 (30:40):
The'd be it's six minutes away from six. Hey, the
Chinese have got the Chinese banks have got some of
the cheapest rates out there for mortgages at the moment.
I see BC's launched a four point twenty five percent
one year fixed mortgage rate. If you're like me and
you're kind of in the market and looking around, then
these cheap Chinese ones attempting Bank of China's next. It's
twenty basis points lower, many points lower than the Ossie
(31:02):
banks that are offering it. And then you go, well,
can you trust borrowing from one? Apparently you can, but
apparently it's very much an Auckland thing. They don't really
offer it to the rest of the country. And news
talks he'd be it is five to two now for
it much from the studio morning, Mike Morning. So you
would have obviously interviewed in Bulgium many times.
Speaker 16 (31:21):
Over the years, many many, many many times.
Speaker 2 (31:23):
He's ninety years old this year and passed away overnight.
For those just joining us.
Speaker 16 (31:28):
Sad, sad, but not tragic, because nineties ninety Zeman him
this morning. He it was a funny old thing he was,
I suppose when we always go how big was he?
How good, you know, what's the legacy. And he won
three terms, so not many do. So there's that ended
in tears. Yeah, I don't know if you remember it,
(31:48):
but he was.
Speaker 2 (31:49):
It was where it all began.
Speaker 16 (31:51):
It was it started that theory you never leave the
country in troubled times. Because he had left the country
to go to Chogham and at that point Shipley was
rounding up the numbers and by the time he got
back he knew it was all. It was Nimes at Christmas, Yeah,
it was and so and of course part of the
problem was he was an advocate for MMP and as
a result of MMP Winston, who of course once upon
a time was a member of the National Party until
(32:12):
it all when you know, it became problematic. So it
was one of those coalition things that never quite went
to and interesting, as history repeats itself, one of the
things that drove Shipley was there was a sense of
a lack of direction and a lack of action, irony
of ironies, and so she was sick of it, so
they went for it.
Speaker 2 (32:32):
Yeah, it's interesting to hear him talk about Winston, that is,
he's reflecting on his relationship with him over the years.
You know, saying it was it.
Speaker 16 (32:40):
It's funny how you remember things in hindsight.
Speaker 2 (32:43):
I've been remembering. I must have been about seven or eight,
and my first memory of sort of anything political was
going to Wellington team New Zealand had won the America's
Cup and there was a big parade and I can
just remember all the ticket tape and he was there,
Jim Boljer and shook my hand and I'm inmber coming.
Oh wow, wow, just being absolutely amazed that the what acent.
Speaker 16 (33:04):
Did he use? Because the famous thing about Old was
every time he went overseas he was in about twenty
four hours developed the accents of the country he was in.
It was the funniest thing. But anyway, ironically on complete
the other Man, we happened to have Bill English on
the program.
Speaker 2 (33:20):
He doesn't speak publicly very often these days. No, he doesn't.
Speaker 16 (33:23):
Ah, So he had a good type working relationship with him.
So well, we'll spend some time with him later.
Speaker 2 (33:27):
Brilliant. All right, Mike's with you next. I'll be back
with you tomorrow for a Friday morning. Have a great day,
all you.
Speaker 3 (33:34):
Person over again
Speaker 1 (33:38):
For more from early edition with Ryan Bridge, listen live
to news Talks it'd be from five am weekdays, or
follow the podcast on iHeartRadio
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