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December 17, 2025 • 34 mins

On the Early Edition with Andrew Dickens Full Show Podcast Thursday the 18th of December 2025, it's the final GDP for the year, Westpac Chief Economist Kelly Eckhold tells Andrew what he's expecting. 

The Government's announced the road cone hotline will close as it hits it's objectives, Dave Tilton, Chair of the Temporary Traffic Management Industry Steering Group shares his thoughts. 

Coroner Tania Tetihaha says the system is broken after probing the suicides of six young people, Psychologist at Mindworks Sara Chatwin shares her thoughts. 

Plus, US Correspondent Jagruti Dave has the latest on Trump announcing a "blockade" of sanctioned oil tankers in and out of Venezuela and the White House reaction to Trump's chief of Staff Susie Wiles's Vanity Fair interviews. 

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Speaker 1 (00:01):
The issues, the interviews and the insight. Andrew Dickens on
Early Editia with r V Supercenter explore our V successories
and servicing all in one news talks that'd be.

Speaker 2 (00:13):
Welcome, oning't you and welcome to my last early edition
of the year and coming up over the next hour.
A coroner's report tells us the agency is helping to
prevent suicide, are letting too many young people fall through
the gaps. So why is that happening? That story in
five road Cone hysteria gave us a hotline. Now it's gone.
What happened there? That story in ten and this week

(00:34):
we found out the state of the government's books. Today
we'll find out just how the country is going with
the GDP figures out west PAX predictions. Just before six,
we'll have correspondence from America and right around New Zealand
and news as it breaks, and you can have your
say by using the text machine. And the number there
is ninety two ninety two. A small charge applies. It's
seven up to five the agenda. So it's Thursday, the

(00:56):
eighteenth of December. Naved Akra, the surviving suspect in Sunday's
mass shooting at Bundai Beach in Sydney has been charged
with fifty nine offenses, including fifteen counts of murder at
one of committing a terrorist act. Meanwhile, the first of
the funerals has taken place in Sydney. It's very emotional,
thousands gathering to mourn. Rabbi Eli Schlanger.

Speaker 3 (01:21):
You're my son, my friend's confidence, Christian whyn't you.

Speaker 2 (01:29):
For sec and ten year old Matilda's parents have spoken
publicly for the first time.

Speaker 3 (01:35):
Matilda was born in Australia and I thought that Matilda's
who was Australian name exist.

Speaker 2 (01:47):
All right to the world and America and Venezuela. Trump
has ordered a total and complete blockade of sanctioned oil tankers.
He's labeled Maduro's regime a foreign terrorist outfit, accusing it
of dre in human trafficking.

Speaker 4 (02:01):
This is a campaign pressure to try to get rid
of the government led by Nikolas Maduro. That pressure has
not been enough for now. I perceive an information that
it has served partially to produce more cohesion among the
course of ours field supporting Nicolas Malulo in country.

Speaker 2 (02:22):
And to La and Los Angeles. Persecutors have charged Nick
Rhiner with murder over the deaths of his parents, the
filmmaker Rob Rhiner and his wife Michelle.

Speaker 4 (02:31):
Your loss is beyond tragic, and we have we will
commit ourselves to bringing their murder to justice.

Speaker 2 (02:40):
He faces two counts of first degree murder with aggravating circumstances.
Life without parole or even the death penalty is on
the table. It is now nine minutes after five.

Speaker 1 (02:52):
The news you need this morning and the in depth
analysis earlier this year within Andrew Dickens and are the Supercenter,
flour RVs, accessories and servicing fall in one news talks
at me.

Speaker 2 (03:04):
Well, I've never had a problem with road cones. I
have had a problem with excessively expensive traffic management plans
that have prevented many events from even taking place. But
road cones don't trigger me. Road cones protect roadworkers and
construction workers, and those workers are making things better for

(03:24):
the future, and the road cones are not there forever
and where the projectors finished, the road cones disappear, and
Orkanders are seeing this, and Orkanders are finally coming to
an end of inner city improvements, and the road cones
are disappearing, and therefore the moaning frenzy is abasing abaiting.
So I see road cones as a symptom of progress. Now,

(03:47):
the rogue cone hotline always seem like a stunt to me.
It appealed to talk back callers who didn't have the
patience to drive slowly around a working site. It was
an easy sound bite to bleat about, like psycho waves.
They were a moan that united us. And so it's
turned out with the government gassing its own ideas and

(04:09):
getting rid of the road cone hotline. But in their
report there was a damning fact. Of all the cones investigated,
eighty six percent were compliant. So if you really believe
we overcone ourselves, and you believe we could survive with fewer,
then the obvious answer was not to make a hotline.
It was simply to change the rules with immediate effects.

(04:31):
So over road coding was no longer compliant. Well, that
is actually happening, but extraordinarily slowly. And here here's the thing.
N z TA says, all councilors must be fully compliant
with a new guidance that'll get rid of too many
road cones. That is not happening till the first of July.
And that is not happening till twenty twenty seven News

(04:55):
Talk said, be So we've got a coroner who's pointed out,
has been investigating the suicides of six young people let's
call them kids, let's call them children, six young children.
And these kids were in contact with a number of agencies,
and yet somehow they didn't get the help and their
family didn't get the help they need. So how does

(05:16):
this happen when we've got so many agencies and we've
been talking about this for so long. So I'm going
to talk in a few moments time to Sarah Chapman,
who is a psychologist at Mine Works and is well
known for her work in the sphere. Because this is
not acceptable news talks, there'd be It's eleven minutes after five,
get ahead.

Speaker 1 (05:34):
Of the headlines on early edition with Andrew Dickens and
R the Supercenter explore R these accessories and servicing all
in one news talks there'd be It is five fourteen.

Speaker 2 (05:46):
So Krain and Tanya Teti Haha says the system is
broken after probing the suicides of six young people, these
young people that she looked at age between twelve and seventeen. Now,
some of these children, some of these young people had
contact with up to seventeen agencies and yet still fell
through the gaps and the corner's messages blunt streamline care

(06:10):
or this will keep happening. My work psychologist Sarah Chatwin
is with me this morning. Good morning to you, Sarah. Sorry, Sarah,
my mouse is not working. I'll use my finger. No,
that doesn't work either. There we go, got you on,
I got it. I've got a sticky house, so there
we go.

Speaker 5 (06:29):
Oh dear, we don't want one of those this early
in the morning, Sarah.

Speaker 2 (06:33):
How on earth does this happen? How do so many
children slip through cracks?

Speaker 5 (06:38):
That was a particularly hard read, And you know, it's
hard to not be yet another voice suggesting that the
needs of the rang and tahi are not being met
by an enormous amount of services and groups that don't
seem to be interfacing, sharing information, you know, picking up
on the need, picking up on those cares who are

(07:01):
presenting in a way that must be you know, somewhat
clear in these situations. So you know, it's just hard
not to sound like another person who says the continuity
of care when dealing with these kids going through these
issues is just wow. It ain't there right, No.

Speaker 2 (07:21):
Well, with so many agencies seventeen some had contact with seventeen,
you have to wonder whether the left hand knows what
the right hand is doing, and whether the right hand
is actually just presuming and assuming that the left hand
is doing all the work and when it isn't.

Speaker 5 (07:35):
Happening, and even if that isn't the case, and it
clearly looks to be that because there is no continuity
of care, because the conversation, the transparency between agencies, I mean,
it just can't exist or in a form that's workable.
You think to yourself, wow, we can understand the coroner's suggestion,

(07:59):
you know, about providing a single coordinated care pathway. Yes,
that sounds tremendous. But then of course we go to
the fact of, okay, how do we do that? So
we have all these agencies up to seventeen and the
kids that were highlighted in this article were I think six,
you know, they had been through they had seen thirteen agencies,

(08:20):
seventeen agencies. They had experienced, you know, a raft of situations, bullying,
domestic violence, you know, disconnection with far no family parents.
The symptoms were very, very similar in most cases and
they had been in front of these agencies, but for

(08:43):
whatever reason, whether it was the lack of transparency, so
one agency picked it up but didn't transmit to another
agency when they lost the child because clearly the child
wasn't seeing them all at the same time, there weren't
any of those markers, any of well, any people putting
their hands up and saying, hey, we are seeing this
person now and then and ongoing. So clearly something has

(09:06):
to be more focused with regard to this particular person,
with regard to that particular person, But it's just not
happening being identified or being followed through with.

Speaker 2 (09:18):
If they create a single coordinated care pathway, it's still
going to be the same people that start it, and
they've just been amalgamated into one unit.

Speaker 5 (09:26):
So well, I think the key is that that doesn't happen.
The key is that if you are providing a single
coordinated care pathway, you clearly have to change the people up.
You clearly have to put people in place that have,
you know, communication skills, the ability to be transparent, the
willingness to deal with these issues, not just have thinking

(09:49):
groups and focus groups and documentation that proves that we
have this problem oh, yes, in New Zealand, we clearly
have this problem. We are being used by other countries
as a country with a huge problem with regard to
teen suicide grapes. So I think you're right. It can't
be an amalgamation. A single pathway that the coroner suggests

(10:12):
cannot be just an amalgamation of what we're going on
with at the moment with the same people, because clearly
this isn't working, and the people who are in this
system there may be some who don't work, so it
has to be changed up and looked at. This will
take time, and this will take resources, all.

Speaker 2 (10:30):
Right, Sarah chah And and I thank you. Yes, attending a
meeting in a room is not actually helping a kid
in any way, shape or form. James Murray twelve, Maya
Marshall fourteen, Hamawera elis Adache seventeen, Marty Leffen, Romanoli fifteen,
Summer Mills, Mecca fifteen, A Tarier Heater sixteen on behalf

(10:50):
of those responsible. We're so sorry for your family, Andrew,
I write to text A Graham. I sometimes have to
work on roads behind cones and it's a great place
to see. Firstly, the who believe We've put them there
to inconvenience them in particular, and secondly realize how really
stupid some people are. Have a happy holiday. Thank you, Graham.
We're talking rope cones next here on news Talks Here
b it's five nineteen on your.

Speaker 1 (11:13):
Radio and online on iHeartRadio Billy Edition with Andrew Dickens
and are the Supercenter explore? Are these accessories and servicing
all in one News Talks that'd be so.

Speaker 2 (11:25):
The Rogue Cone hotline came and went. It's life short lived.
The government says job done, data collected awkward bit. Ninety
three percent of complaints were about cones that were perfectly
fine under the rules. The Temporary Traffic Management Industry Steering
Group chair as Dave Tilden and Dave joins us this morning.

Speaker 6 (11:43):
Hello Dave, morning.

Speaker 2 (11:45):
Are was this a waste of time?

Speaker 6 (11:49):
I'd say there's a couple of as well as to
look at the silver lining, there's maybe a couple of
useful things that have come out of it, But generally
i'd say it's probably a distraction. Yeah.

Speaker 2 (11:58):
Was it a stunt or was the data collection that
they got from that good?

Speaker 6 (12:04):
I'd say some of the data could be quite useful.
I'd suggest that it bought the road controlling authorities the
councils work safe enterta a little bit closer together, got
them working on the topic well. And so some of
the data they've collected might be useful, but I'd say
it probably doesn't isn't valid based on the effort put
it well.

Speaker 2 (12:23):
It's obvious when they say ninety three percent of the
complaints were about cones that were perfectly fine. That means
they were compliant. So the complainants were complaining about something
that was okay under the rules. The problem is not
actually complaining about them or excessive use of them, it's
the rules.

Speaker 6 (12:40):
Yeah, correct, And that system change has been underway for
a couple of years now, so that's sort of already
in motion, and so i'd suggest that the current hotline
being sort of injected into that hasn't necessarily helped. It's
probably hindered the system change that everyone's after.

Speaker 2 (12:53):
And yes, and the new rules coming up from MZTA,
councils have to make sure that they are compliant with
the new rule and that has to happen by the
first of July. And as I pointed out earlier this morning,
that's the first of July twenty twenty seven. These are
rope codes. Why is it taking so long?

Speaker 6 (13:11):
So that's the last milestone of a series of changes
that all new contracts are actually from the first of
July twenty twenty sixth. So and themselves, DYTA, all of
their contracts are already in motion. In fact, many of
them already switched. So that milestone you've got there is
the very last of all of them. And that's the
councils themselves, where DTA doesn't necessarily have a direct instruction

(13:35):
role that they can play with those councils all the time.
So that's the Minister Transport a short time ago announcing
around how the funding might be compromised as the councils
don't make that shift. So there's several moving parts there
that have that timeline out to that point. But overall
it's actually it's a pretty big capability challenge for the
sector to change from rule following to brisk based thinking.

(13:57):
So it is somewhat understandable. How take so long?

Speaker 2 (14:00):
Okay, and finally, has the traffic management industry been milking it?

Speaker 6 (14:07):
It's hard to say, I personally don't supply physical TTM,
and the sector is simply a product of the inertia
in the type of system that it's been underpinned by.
It's a compliance based system, so people will will follow
the rules in front of them, and those rules have
been proven to not serve society the way we want

(14:30):
them to, and so they're can get changed. And I
think it's less about you know what, It's more about
the incentives that people have in the system as a whole,
necessarily than any ulterior multimotives.

Speaker 2 (14:42):
Good So, Dave Tilton, chair of the Temporary Traffic Management
Industry Steering Group, and I thank you five twenty five
the early.

Speaker 1 (14:48):
Edition full show podcast on iHeartRadio powered by News.

Speaker 4 (14:52):
Talks at Me.

Speaker 2 (14:55):
Mischials t B. I'm Andrew Dickinson's five twenty seven. Then
I'm still in slack. Male shock at Barbara Edmund's performance
on this program. Yesterday, after the release of the government's
books showing we're still in deficit and will be in
deficit longer and with every day that passes, our debt grows,
Labor was quick to say National has screwed things up
and that we should have voted Labor onto the Treasury

(15:15):
benches because they could do things better. So I thought
if they thought they could do things better, they could
perhaps come on to the program and tell you and
I what should have been done. So we gave them
the opportunity to share their superior knowledge, particularly with you
the voter, yesterday morning. And what did we get? Nothing
other than slogans in a general tone of just trust us.

(15:35):
Things could have been better, and we'll tell you why
we will be better next year when the election cut
rolls round. And that was it. I gave specific questions
about spending and debt and all sorts, and she wouldn't answer. Now,
to be fair, she did criticize National's tax cuts, and
that was the moving of the thresholds and reinstating the

(15:57):
rebates for landlords. Now they kinter tax cuts, and yet
they're not. But they had the effect of reducing government
revenue by fourteen billion dollars. Fourteen billion that could have
been used to repay the debt or build infrastructure if
the government wanted to, or they could have just blown
it anyway. Fourteen billion. Now, look, the thresholds were morally wrong,

(16:18):
and I agree with resetting them. They were giving government
and automatic tax rise due to wage inflation. John Key
loved it. But changing them in a time of economic downturn,
when your revenue is reducing anyway, well that's a self
inflicted wound on your books, isn't it. But they had
promised them in the election, and at the time they

(16:38):
called them a tool against the rise and the cost
of living. But you know that that's kind of slogan
airing as well. That's no better than Barbara Edmonds. It
was slogan to get votes. And I don't know if
National knew that purposely reducing their revenue was unsustainable. Slashing
their own revenue undid all the work they did over
the last two years cutting spending. But if they did

(16:59):
know that, that was a piece of economic foolishness. But
it was a good slogan and got them votes. And
this is what worries me the most about this country
and pretty much all its politicians. They will say anything
to get votes, and they care more about keeping their
jobs than making the country better. News Talk said, be

(17:19):
all right, we had the government books the other day,
but you know that's just the government's books. The country's
books are another thing. That's everybody. And we get the
GDP figures out today and we're hoping for a bounce,
so we'll get the predictions coming out from West back
before six o'clock today. We're off to America as well,

(17:39):
where Trump and Venezuela are go and hammer and tongs.
This is early edition. I'm Andrew Dickens.

Speaker 1 (17:55):
News and Views you trust to start your day. It's
earlier this ship with Andrew Dickens and r V Supercenter
explore r these accessories and servicing. Fall and One News
talks at me.

Speaker 2 (18:14):
I'm sorry you've just been wound to get and last
Christmas Day.

Speaker 7 (18:21):
Now.

Speaker 2 (18:22):
This fluid that's going around Europe's pretty something, isn't it.
At least twenty seven or thirty eight countries in Europe
are reporting high or very high flu activity. The flu
season began four weeks earlier than normally. Populations atget it.
They've been told by the World Health Organization obviously to
get vaccinated, stay home if I'm well, and wear a
mask in public if I have respiratory symptoms. And that's

(18:45):
triggered some people. I know the mask is back and
the who was saying the mask is back, So there
we go. Meanwhile, I'm doing the summer breakfast this summer,
and my producer is a lovely fellow who went to
Lady Gaga and he announced yesterday that he's got COVID
and I mean, okay, well, we've got work to do,
we've got interviews to record. You were going to come
in on Fridays, so that's not happening. He said, oh no,
I thought I might still come in. And I said, what,

(19:05):
why are you going to come in? And he said, well,
you know I'll be fine enough by then. I mean,
the boss says COVID is not a thing. I think
COVID is not a thing. I said, what have you
got right now? Is it covid? I said, how are
you feeling? He said terrible? I said, you know what,
I don't want to feel like you. COVID is a
thing and it's very very catchy, and you feel terrible,
and I don't want to feel terrible. And if I

(19:27):
feel terrible, I can't do the show. And then you've
got no breakfast show on News Talks EDB. So don't
come in. And the only thing I have to say
about that is COVID is still a thing. Apparently the
event he went to in Brisbane Lady Gaga has now
officially been called a super spreader event. Oh look at
all this nostalgia ray it's still there. It's twenty two

(19:47):
to six news talk said b round the country. We
go o tiger Callum Proctor. Good morning to you. A
merry Christmas. Yes, same to you, Andrew. We've got a
shooting a gore.

Speaker 6 (19:58):
Yeah.

Speaker 8 (19:58):
Two people have been here lifted to Dunedin Hospital here,
one in a serious condition, the other said to be
in a moderate condition. This is after an incident on
Upper Rima Street and Gore. It happened about ten to
eight last night. Please say the injuries are not believed
to be life threatening, but initial reports are of a
firearm being discharged and then a significant emergency response to this.

(20:19):
Police ambulances and helicopters responding. According's in place while inquiries
are carried out. Police say, look, they don't believe there's
any risks to the public, but they're asking people to
avoid that area.

Speaker 2 (20:30):
A local ODT reporter.

Speaker 8 (20:33):
At the scene says that attention appeared to be focused
on a unit on a rare section.

Speaker 2 (20:37):
How's your weather.

Speaker 8 (20:39):
It's a bit wet around the south for dneedan today,
early rain, then rain this evening.

Speaker 2 (20:43):
Nor easterlies and twenty very good and I thank you.
Of course, this is my last early edition for the year,
so I'm saying Merry Christmas to everybody. Merry Christmas. Clear
sherwood from Christchurch.

Speaker 9 (20:53):
Merry Christmas.

Speaker 2 (20:54):
So tell me about an electric double decker bus.

Speaker 9 (20:58):
Yeah, well, christ Church will soon home to the country's
first electric double decker. This bus is, as I say,
first of a kind of New Zealand. It will meet
weight limits without needing a special permit. It's built using
some aerospace grade aluminium, which of course means it's lighter
but also stronger than the traditional steel built buses. Environment

(21:19):
Canterbury chair doctor Dion Swiggs says this is a major
step towards the goal here of making christ Churches public
transport network zero emissions by the year twenty thirty. He
says they're focused on making sure this city is as
innovative as possible.

Speaker 2 (21:34):
Charge up on power made by coal. But never mind,
no smog is speaking of smug. How's you weather?

Speaker 9 (21:40):
Oh well, a bit of high cloud about today. There
will be a spot of light rain around midday. Otherwise
light ones and north easterlies developing and the high will
be twenty to Max.

Speaker 2 (21:48):
Toll, we go in Wellington. Merry Christmas, yes, and to you.
So that council has apologized for what.

Speaker 10 (21:56):
Well, yeah, I thought we might get through the rest
of twenty twenty five without one more Wellington City Council blunder,
But here we go. They've essentially been under charging rate
payers for one important part of their services. That's the
very glamorous sounding sludge levy. It's part of waste management.
That's really all you need to know. There's a fixed
cost that's tacked onto our rates bill. At the moment,

(22:18):
it's an average of forty dollars a person or a house,
but in reality we've been under charged by up to
one hundred bucks. Commercial ratepayers undercharged up to five thousand
dollars each, so it's no small sum, ludicrous than it
could happen. The council says it can't legally waive the cost,
so we're all looking up for our next bills in
a couple of months to see how much we have

(22:39):
to pay. Something to do with the council's billing system
going wrong human error. Chief Finance Officer Andrea Reeves is
in the hot seat. A quote from her yesterday I'm
really apologetic for it, genuinely. Well, as long as it's
genuine more blunders like this coming next year genuinely most likely.

Speaker 2 (22:56):
All right, So how's you read the cloudy and drizzly
this morning?

Speaker 10 (22:59):
Nor West Still he's nineteen the high.

Speaker 2 (23:01):
Wendy Petrie from Auckland joints week, Mary Christmas, turn your
microphone on.

Speaker 11 (23:06):
Ah Christmas and Merry Christmas before you.

Speaker 2 (23:09):
So, Wendy, tell me about the trains in Auckland.

Speaker 11 (23:12):
Well, there's disappointment as Auckland Transport sets up for another
month long rail closure. No trains operating but between December
twenty seventh and January twenty eighth. Now Key we Rawl
says the closure is needed to allow for urgent repairs
and maintenance which is needed for the upcoming City rail Link.
Public Transport Users Association national coordinator John Reeves says he

(23:34):
hasn't seen another project which needs this many closures. He
says he doesn't think it would be acceptable in any
other first world country.

Speaker 2 (23:42):
Well, some of these tracks have not been maintained for
one hundred years, yes, So what we have to hope
for is when the CRL comes in that we don't
have these closures anymore now delays. How's Aukan's weather?

Speaker 11 (23:52):
Well, I seems to always come right at the moment,
doesn't it. It sort of starts off a bit cloudy, so
I think it's a fine day with some cloudy periods,
a few showers easing the afternoon, southwesterlyis and a high
of twenty one.

Speaker 2 (24:03):
To me, I thank you so much. So look just
quick note. End of the year and time to review
it and the head of the Public Service, so Brian
Wroach released a report on the state of public service
and I haven't had time to mention it this week
because of Bondai and all, but this is my last
early edition for the year, so here we go. This
report is not good. It shows just how bigger beasts
the public service is and how hard it is to
make it smaller and more efficient. Brian says the public

(24:27):
service is facing big old risks due to insufficient talent development,
a lack of joined up thinking in a slow uptake
of technologies that they're not getting into the AI. And meanwhile,
the service is still pretty big despite all the cuts
they've been creating new roles, so the sector isn't that
much smaller. According to Brian sixty six hundred and fifty
four staff now compared to the peak of sixty five,

(24:48):
six hundred and ninety nine, we have forty three departments,
departmental agencies and interdepartmental executive boards of various sizes and
mandates operating right now. That's a lot. Brian says. This
is more than small advanced economies. The complexity limits our
ability to manage costs, maintain critical capacity and deliver joined

(25:08):
up services with a system perspective. Wow. And so Brian's
in charge, and he knows what's wrong, and presumably he
also knows how to make it better, but his report
shows it's not going to be easy to do. We're
off to American next. This is news talks, heb It's sixteen.

Speaker 1 (25:25):
To six international correspondence with ins and eye insurance, peace
of mind for New Zealand business.

Speaker 2 (25:33):
It's fourteen to six. Off to the United States. We
go and Shagriti. Dave joins me. How a Shagruti, Hi, Hey,
Merry Christmas. So Donald Trump has announced a blockade of
sanctioned oil tankers in and out of Venezuela or them.

Speaker 12 (25:48):
So yes, this is specifically in a truth social post
that Donald Trump said that he is going to block
and start a blockade of sanctioned oil tankers. Now this
isn't all oil tankers in and out of Venezuela because
that would be against international law. He's essentially enforcing existing

(26:08):
sanctions sanctions on sanctioned oiled vessels. So those vessels that
are under sanctions, they will not be allowed and they
are out of Venezuela. And that is going to be
very difficult for Venezuela's economy because it exports oil as
its main source of income sales to countries like China,
and this is going to be a big problem. Mean,

(26:29):
a lot of its is transported on sanctioned vessels as well.
And Donald Trump is saying the goal of this is
to stop drug trafficking and getting narcotics into the United States,
similar to the justification behind the attacks on the boats,
but Venezuela is saying that the aim is to cripple
the country and get hold of its oil. And in
Truth Social in that truth Social post, Donald Trump was

(26:49):
threatening that this blockade will that Venezuela is completely surrounded
by the largest armader ever assembled in the history of
South America, and that it will only get bigger until
such a time as they return to the United States
of America all of the oil, land and other assets
that they previously stole from US. It's not clear exactly
what he means by that, but it seems to be
a reference to Venezuela's nationalization of its oil industry under

(27:10):
Hugo Chavez, which meant that, you know, American and Western
oil companies had to leave the country either voluntarily or
they were kicked out. But this is sort of part
of the ongoing issues that the United States has moved Venezuela,
and it's.

Speaker 2 (27:23):
Really mean, well, the whole countries are actually a charda
around the water cooler about Donald Trump's chief of staff,
Susie Wilds, who's been given the gossip to Vanity Fear
over sixteen interviews.

Speaker 12 (27:38):
Yeah, so this is quite an extraordinary piece. It's caused
shock waves within Washington because partly because it's so rare
to hear a chief of staff on the record, and
not least a chief of staff speaking so openly. It
seems on the record. She has made several comments, some

(28:02):
of them not particularly flattering, I guess about various members
of the cabinet even of the President himself. She says
that he's got an alcoholics personality, which Donald Trump has
responded to in an interview with The New York Times,
saying that you know, he's not offended by this at all.
He's famously a teetotaler, actually, but he said, you know,

(28:22):
if he were to drink, he probably would be an alcoholic,
because he says he has a possessive and addictive type personality.
But he's expressed confidence in Wilds's ability to continue. And
Wiles was talking about this in terms of the context
of her own up bringing. Her dad was an alcoholic,
so she sort of understands the big personality types that
you know that she's often had to work with in

(28:42):
the cabinet. But yeah, this is an extraordinary.

Speaker 2 (28:44):
It is a article. I read it yesterday after seeing
the news on when got it ahead of read it,
and it is I mean, it gives you an insight
to the inside of what's happening in the Donald Trump
White House, and it's fascinating and entertaining all on the
same time. Jaguti dave, I thank you very much. It
is now ten minutes two six zeb so it's didypday.

(29:05):
The final read for the year, we had a zero
point nine percent drop in June. Banks are expecting to
bounce back, some are saying one percent. West Tax chief
economists Kelly Echol who joins me, Now, Hello, Kelly, good morning,
and what do you think.

Speaker 13 (29:21):
Well, then we're going to get a pretty good quarter
this time around. We've got zero point nine percent gain
in the forecast, so basically felling in that hole that
we saw in Q two.

Speaker 2 (29:33):
So where are getting the hint that it's going to
be good? Is that retail figures are one.

Speaker 13 (29:38):
Well, it's actually quite across the board this time, which
is quite encouraging because I mean in previous quarters where
we have seen strength, it's been quite narrowly based, particularly
around the agricultural sector. So what we can kind of
see here and the indicators is that a lot of
the indicators of the services sector center have done quite well.
So we have had decent retail trade, We've had some

(30:00):
decent construction figures, but it does look like all through
the professional services type sectors there's been decent activity there
as well, So we're looking for a broad based result.

Speaker 2 (30:12):
Is it fair to say that we just got our
mojo back that we've got some confidence, and now people
are prepared to commit some capital after sitting on their hands.

Speaker 13 (30:21):
I certainly think this is one of the better results
I've seen in a couple will be one of the
better results we've seen in a couple of years, assuming
the forecast right. Because of that broader based nature, I
think it's probably a little bit too early to assess,
because there remains quite a lot of volatility in this data.
You know, for example, what this result would do is

(30:41):
fill in a big hole from the previous quarter. There's
still quite a pronounced seasonal pattern. We need to see
two or three quarters of this before you can really
confidently say that you're on a on an underlying upward
trend to reckon.

Speaker 2 (30:55):
Meanwhile, I've got we've got the RB who's getting a
bit upset that retail banks are putting their interest rates up,
which is not what they wanted, so and they're going
to get this figure. What do you think this is
going to mean for the RB heading into the new
year and our interest rates?

Speaker 13 (31:09):
Well, I mean, I don't think it means anything for
our interest rates in the short term. And you would
have seen the renew rezipient Governor on the on the
tapes recently, really making that point quite forcefully now that
they're not really looking at the term rate rise. But
this data is going to fill in some of the
hole that they saw in capacity in the economy in

(31:30):
the last year or so. I mean, they only expected
and increased a zero point four percent in this quarter,
so there's going to be quite a lot better than that.
So they should be probably a lot more comfortable that
the economy is in a better place.

Speaker 2 (31:45):
Kelly, I thank you and I hope you're right. And
this is NEWB and it's coming up seven to six.

Speaker 1 (31:52):
Andrew Dickens on Early Edition with r V Supercenter explore
RV's accessories and servicing all in one news to.

Speaker 2 (32:01):
Heather to perceive Alan, Merry Christmas to you because this
is the last time I'll see you this year. Are
you not here tomorrow? I'm not here tomorrow. I'm doing
the drive show tomorrow. Oh lord, yeah, musical chairs.

Speaker 14 (32:12):
Well this is this is Ryan leaving one day before
everybody else.

Speaker 2 (32:16):
Well, I guess so I don't know. I'm not preventing
these high level conversations, but what I am is a
fool because they found me up a couple of weeks ago.
You know, could you do the drive on sure? I
could do the drive on Friday. Don't have to wake
up early. It's going to be a lot of fun.
And then you know, get home. And Helen says, well,
we might have gone down to the beach then, and
now you can't leave it until seven, and why are

(32:39):
you doing it? And I said, I don't know, but Ryan,
Ryan's buggering off early.

Speaker 14 (32:43):
Well, I mean, do you because if you leave at seven,
you're going to get to the beach at nine, which
is okay actually, and that way you're going to miss
the worst of the traffic on the Saturday, i'd imagine.
So we're planning your life for.

Speaker 2 (32:53):
You right now. I could just go home and get
a takeaway and open a bottle of wine.

Speaker 14 (32:56):
And then and then or you could make Helen drive
and then you could you take away and drink your
bottle of wine in the car.

Speaker 2 (33:02):
I think she's going today. I think she's she's leaving
you behind. Yeah, I love this.

Speaker 14 (33:06):
This is such great female independence. I mean, don't you
sometimes just want to say I am going to discover you.

Speaker 2 (33:11):
Know what I called Helen the other day, I said,
look in this household. You're the alpha. I'm pretty sure
you've had exactly the same conversation multiple times. Yeah.

Speaker 14 (33:19):
In fact, it's got to the point where when you
ask the children iggy who's the boss, the finger goes
straight at me.

Speaker 2 (33:24):
Okay, that's all right, I'm Merry Christmas.

Speaker 14 (33:25):
Isn't it wonderful to be the passenger though, Andrew.

Speaker 2 (33:28):
I'm not a passenger. I am, I am, I am.
I forged my own thing. I'm an independent man with
my own independent money and I you know got listen,
you sound like a woman from one hundred years. Well,
this is a this is a gender roleship, isn't it?
Turn around? And there's many men out there who have
fantastic women as their partners and they know their place. Yeah,

(33:50):
that's right.

Speaker 14 (33:51):
Listen, we're going to talk about the GDP today because
that numbers should be good. So we're going to head
off to the Christmas break feeling a little bit good
about the economic recovery tomorrow.

Speaker 2 (33:58):
I think all right. Next year, put Merry Christmas to
Barry Merry Christmas. The producer kens he with almost six
months this year. You're great, Thank you so much.

Speaker 7 (34:06):
Merry Christmas, everybody, Bye bye

Speaker 1 (34:31):
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 h
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