August 7, 2024 • 11 mins
FIRST WITH YESTERDAY'S NEWS (highlights from Wednesday on Newstalk ZB) Alternatives?/Retirement Village Stoush/More Weird Sports
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Speaker 1 (00:09):
You're listening to a podcast from News Talk sed B.
Follow this and our wide range of podcasts now on iHeartRadio.
Speaker 2 (00:19):
Used Talk sed B Talk.
Speaker 3 (00:22):
Hello, my beautiful beanies, and welcome to the bean for Thursday.
First of yesterday's news. I am Glen Hart, and we
are looking back at Wednesday. They're talking about changing the
rules around retirement villages because they do seem to be
tilted heavily in the favor of the retirement village companies
and not so much in terms of families inheritances once
(00:47):
they sell the property back. You know, it's all very complicated,
so we'll get into this shortly. We've got some Olympic
stuff for you. Heather explains why we can't do the
kneeling rowing event that everybody got so exercised about. And
Marcus has a what he's identified the Olympic sport that
(01:10):
he should try out for before any of that.
Speaker 4 (01:13):
Yeah, we're running out of electricity again this winter. Of course.
Speaker 5 (01:16):
The other story the largest employer in Upahu District two
hundred and fifty people employed at this pulp mill and sawmill.
They've paused their operations. Why energy costs up six hundred
percent since twenty twenty one. There's a fourteen day pause
going on there while they consider their future. This is
not good. Some are talking about a manufacturing exodus. This
(01:41):
is what we're seeing. It will hurt small town New Zealand.
And these are good jobs. These are jobs that feed families.
Is this a surprise.
Speaker 6 (01:51):
No.
Speaker 5 (01:52):
Twenty eighteen MB rang the alarm bells about the government's
oil and gas ban quite loudly, I might add, and
I'll just read you a little bit from what was
written at the time in twenty eighteen. This is a
briefing paper from the Ministry Business, Innovation and Employment given
to then Energy Minister Megan Woods. It said method X
(02:15):
would not be able to operate at full capacity from
twenty twenty one and would stop completely after twenty twenty six.
Method X will require a new discovery if it is
to continue operating in New Zealand over the medium to
long term. So we had the warning. Now it is happening,
(02:36):
and the government promised a just transition at the time.
Where is that Show me the jobs to replace the
potentially hundreds that are on the line right now. Feels
a little bit like we're fumbling around in the dark.
Speaker 4 (02:49):
Yeah, it's weird that.
Speaker 3 (02:52):
It seems to we're making businesses just stop doing business
this time around in order to save power. It does
seem to go against business. The business at will cost
attitude we seem to have adopted here when it comes
to things like the ENVI and court and all this
fast tracking and so forth.
Speaker 4 (03:12):
More on that a little bit later.
Speaker 2 (03:14):
News talk has it been.
Speaker 4 (03:16):
I think Kerry's a bit worried about the power going
off too.
Speaker 7 (03:18):
So if the manufacturing sector isn't guaranteed supply of energy,
it's going to lose production, it's going to lose customers,
and we're going to lose money. We're also going to
lose jobs. Nine point four billion dollars worth of exports
(03:39):
and the sector employs nearly a quarter of a million people.
It's a big deal. And Shane Jones talked about sweetheart
deals and yes, the power companies could could play nice
and give the big manufacturers a sweat, why would they
They have people to answer to as well. All of
these companies are responsible to their shareholders fifty one percent.
(04:07):
Most of them have fifty one percent with the New
Zealand government. But they can't be doing sweetheart deals and
investing in new power, new sources of supply. It's a
bloody mess. I mean yeah, Shane Jones saying, yeah, no
(04:27):
hydro thermal. How long is it going to take? The
lovely people at the pulp mill need to turn the
lights on now and they can't. It is simply unsustainable
given the increase in price. So where do we go
from here?
Speaker 3 (04:43):
Can you not make pulp in the dark?
Speaker 4 (04:48):
What's involved in polp? The production of pulp? Is it?
Speaker 3 (04:54):
Is it something you can do outside during the day.
Speaker 4 (05:00):
I mean, I get it.
Speaker 3 (05:02):
We shouldn't have to be doing it, but maybe if
we can keep it going talk so yeah, but we're
calling for change with electricity, or at least we want.
Speaker 4 (05:12):
Some more of it now.
Speaker 3 (05:14):
The retirement village thing is getting pretty complicated. We've got
an aging population, we've got to put them somewhere, and
yet we're not getting the capital gains back from it,
and they want to change that. This caused quite a
stabuish between Sigh and James yesterday afternoon.
Speaker 6 (05:30):
Would you believe if it's changed and every single retirement
village gets the new legislation, they say, you can't do
that just when you on sell the ora or pay
back the people that have had it for thirteen years.
You've got to pay the market price, not the price
they purchased at. That alone would make a substantial difference
to all the elderly and their families.
Speaker 8 (05:50):
Well, that's what it's really about. It's about the people
who are worried about their inheritance being eaten away. That's
a lot of what it's about, because often you're dealing
with the states.
Speaker 6 (05:58):
But I just can I just say to that though
one thing personal story my father in law. So you're
saying it's about the beneficiaries of that.
Speaker 8 (06:06):
In a lot of cases, they're the ones that are
worry about it, and that.
Speaker 6 (06:08):
Could well be true. But I know my beautiful father
in law, Fred, he was so anxious as he watched
his life savings just go down, down, down down. He
was absolutely anxious to the point of not being able
to see because he was worried that some of his
kids weren't doing that well and he wanted to provide
for them. So it's not just the beneficials the actual
parents to go, oh my gosh, they'll be aware of it.
(06:29):
They want to help, but that's what they signed up
to when they went in and I'm not being rude.
I don't mean to be rude to anyone about this,
but you know, read what you're signing and.
Speaker 2 (06:40):
Live with it.
Speaker 8 (06:40):
These are businesses, That's what these things are. They're not charities,
businesses that if you don't want it, if you can't,
if you don't like the terms of the agreement, don't
sign them. Well as they somewhere else.
Speaker 6 (06:53):
To live, and they're often isn't. And so my point is,
do you not think that, even though they're businesses and
I get that, that they have a duty to actually
look after the elderly and kre and they can still
make their profits, just not exorbitant profits, just not obscene profits.
Speaker 8 (07:08):
They have to act on the best interests of the companies,
that's the first thing. Well, and therefore the shareholders.
Speaker 3 (07:14):
I mean, Simon is fifty seven years old, so I
guess he's getting close to really having to worry about
this stuff.
Speaker 4 (07:22):
Shots fired, I'm only a few years ryan.
Speaker 3 (07:28):
Right onto the Olympics and this ongoing thing about which
sports would be there and which shouldn't, And then the
clickbait story that got people angry about the canoe sprint,
the one where they kneel in the boats, and you know,
people seem to go off on a tangent on this
without realizing why our guys were in that race in
(07:50):
the first place, not because they wanted to be, but
at least here they understood all that.
Speaker 9 (07:54):
But it's not their chosen sport, is it. They're not canoeists,
the kayakers, and they were only doing the canoeing the
C two in order to be able to perform in
the four man kayaking the K four. It is basically
because of a quirk and the rules that they came
to be participating in the canoeing. Because what happened is
New Zealand wanted to compete in the K four, but
we didn't qualify for the K four. But the sports
(08:16):
bosses were quite clever and they realized they could still
qualify for the K four through a technicality if they
got a crew into the Olympics for the C two.
This is the canoeing, right, so that would automatically give
them a spot in the K four because there was
already a K two, a two man kayaking kayaking team going.
So the K two crew plus the C two crew
(08:37):
equals K four crew. See, and that's how we got
in that's why the guys were so shocking at the canoeing,
because they're not actually canoeists. They've only been doing this
for three months basically to be able to just show
up and do the race, they didn't even try. By
the way, That wasn't them trying, right, They could have
done a lot better than that. They actually threw the
race because they're preserving themselves for the K four races,
(08:58):
which is the one that they actually care about, and
they had to do two of those races in the
same day, and that's smart. Why waste your energy doing
something you're not any good at when you could preserve
it for something that you might be good at. About
the counterfactual, right, if you're upset about this, are you
seriously suggesting that the sports bosses, knowing full well that
there was a technical way for them to get those
(09:19):
two boys to the Olympics for the K four, which
is their sport, should have said, nah, nah, we know
there's a way, but we're not going to do it.
I'm not going to do it because I don't because
for whatever dumb reason not going to do it. Come on,
would we really have preferred the bosses didn't send our
kayakers to the Olympics, just because there was maybe the
outside chances it was going to be a little embarrassing
in the canoeing. The bosses got clever, They exploited a
(09:41):
rule got on them.
Speaker 3 (09:42):
This discussion has got very heated in their house. Actually,
and in fact talking about sport has been banned.
Speaker 4 (09:50):
In certain circumstances. Would you believe I may have reacted
snappily the suggestions about how embarrassing they should whose cred
performance was shlim the lesson.
Speaker 2 (10:05):
There to your mouth shut talk has it been?
Speaker 3 (10:09):
I don't really care. Of course, I'm not the sports
fan that I used to be. Marcus has got a
suggestion for a very unconventional Olympic sport.
Speaker 10 (10:20):
I've kind of worked out what my Olympic sport would be.
Pocket dialing. Gosh, I can do that like no other.
I don't know what it is with my pocket dialing.
Before i'd have a cell phone, I think would actually
switch the phone down after five seconds. Now it's thirty
seconds forever calling people trying to wonder what I've seen
(10:40):
in the last couple of minutes, wondering what they've heard.
It's quite disarming.
Speaker 3 (10:44):
Okay, so hang on, let me just look us up
live on the podcast. How old is Marcus? Because we
know that Simon is fifty He then says here he's
about fifty nine years but that is the first thing
that comes out on the internet. Here's very older. Still
(11:09):
nowhere near as old as my mom though, And my
mum's really the only other person I know who calls
people by accident consistently. My mum and my step mother
in law. That's sort of the generation I would expect
that to happen. I don't know what's happened to Marcus
that he's aged prematurely and can't work his phone properly.
I think most phones I use they've got a setting
(11:31):
where they will automatically turn off once they are in
your profet. So yeah, something's gone wrong there.
Speaker 4 (11:39):
Marcus.
Speaker 3 (11:39):
If you're listening, give me a call and I'll help
you talk through your settings like I do with my
mum and my stepmother in law.
Speaker 4 (11:46):
And for everybody else. I'll talk to you tomorrow.
Speaker 2 (11:48):
See the News Talks Talking zid bean.
Speaker 1 (11:53):
For more from News Talk said b listen live on
air or online, and keep our shows with you wherever
you go with our podcast on iHeartRadio
You're listening to a podcast from News Talk sed B.
Follow this and our wide range of podcasts now on iHeartRadio.
Speaker 2 (00:19):
Used Talk sed B Talk.
Speaker 3 (00:22):
Hello, my beautiful beanies, and welcome to the bean for Thursday.
First of yesterday's news. I am Glen Hart, and we
are looking back at Wednesday. They're talking about changing the
rules around retirement villages because they do seem to be
tilted heavily in the favor of the retirement village companies
and not so much in terms of families inheritances once
(00:47):
they sell the property back. You know, it's all very complicated,
so we'll get into this shortly. We've got some Olympic
stuff for you. Heather explains why we can't do the
kneeling rowing event that everybody got so exercised about. And
Marcus has a what he's identified the Olympic sport that
(01:10):
he should try out for before any of that.
Speaker 4 (01:13):
Yeah, we're running out of electricity again this winter. Of course.
Speaker 5 (01:16):
The other story the largest employer in Upahu District two
hundred and fifty people employed at this pulp mill and sawmill.
They've paused their operations. Why energy costs up six hundred
percent since twenty twenty one. There's a fourteen day pause
going on there while they consider their future. This is
not good. Some are talking about a manufacturing exodus. This
(01:41):
is what we're seeing. It will hurt small town New Zealand.
And these are good jobs. These are jobs that feed families.
Is this a surprise.
Speaker 6 (01:51):
No.
Speaker 5 (01:52):
Twenty eighteen MB rang the alarm bells about the government's
oil and gas ban quite loudly, I might add, and
I'll just read you a little bit from what was
written at the time in twenty eighteen. This is a
briefing paper from the Ministry Business, Innovation and Employment given
to then Energy Minister Megan Woods. It said method X
(02:15):
would not be able to operate at full capacity from
twenty twenty one and would stop completely after twenty twenty six.
Method X will require a new discovery if it is
to continue operating in New Zealand over the medium to
long term. So we had the warning. Now it is happening,
(02:36):
and the government promised a just transition at the time.
Where is that Show me the jobs to replace the
potentially hundreds that are on the line right now. Feels
a little bit like we're fumbling around in the dark.
Speaker 4 (02:49):
Yeah, it's weird that.
Speaker 3 (02:52):
It seems to we're making businesses just stop doing business
this time around in order to save power. It does
seem to go against business. The business at will cost
attitude we seem to have adopted here when it comes
to things like the ENVI and court and all this
fast tracking and so forth.
Speaker 4 (03:12):
More on that a little bit later.
Speaker 2 (03:14):
News talk has it been.
Speaker 4 (03:16):
I think Kerry's a bit worried about the power going
off too.
Speaker 7 (03:18):
So if the manufacturing sector isn't guaranteed supply of energy,
it's going to lose production, it's going to lose customers,
and we're going to lose money. We're also going to
lose jobs. Nine point four billion dollars worth of exports
(03:39):
and the sector employs nearly a quarter of a million people.
It's a big deal. And Shane Jones talked about sweetheart
deals and yes, the power companies could could play nice
and give the big manufacturers a sweat, why would they
They have people to answer to as well. All of
these companies are responsible to their shareholders fifty one percent.
(04:07):
Most of them have fifty one percent with the New
Zealand government. But they can't be doing sweetheart deals and
investing in new power, new sources of supply. It's a
bloody mess. I mean yeah, Shane Jones saying, yeah, no
(04:27):
hydro thermal. How long is it going to take? The
lovely people at the pulp mill need to turn the
lights on now and they can't. It is simply unsustainable
given the increase in price. So where do we go
from here?
Speaker 3 (04:43):
Can you not make pulp in the dark?
Speaker 4 (04:48):
What's involved in polp? The production of pulp? Is it?
Speaker 3 (04:54):
Is it something you can do outside during the day.
Speaker 4 (05:00):
I mean, I get it.
Speaker 3 (05:02):
We shouldn't have to be doing it, but maybe if
we can keep it going talk so yeah, but we're
calling for change with electricity, or at least we want.
Speaker 4 (05:12):
Some more of it now.
Speaker 3 (05:14):
The retirement village thing is getting pretty complicated. We've got
an aging population, we've got to put them somewhere, and
yet we're not getting the capital gains back from it,
and they want to change that. This caused quite a
stabuish between Sigh and James yesterday afternoon.
Speaker 6 (05:30):
Would you believe if it's changed and every single retirement
village gets the new legislation, they say, you can't do
that just when you on sell the ora or pay
back the people that have had it for thirteen years.
You've got to pay the market price, not the price
they purchased at. That alone would make a substantial difference
to all the elderly and their families.
Speaker 8 (05:50):
Well, that's what it's really about. It's about the people
who are worried about their inheritance being eaten away. That's
a lot of what it's about, because often you're dealing
with the states.
Speaker 6 (05:58):
But I just can I just say to that though
one thing personal story my father in law. So you're
saying it's about the beneficiaries of that.
Speaker 8 (06:06):
In a lot of cases, they're the ones that are
worry about it, and that.
Speaker 6 (06:08):
Could well be true. But I know my beautiful father
in law, Fred, he was so anxious as he watched
his life savings just go down, down, down down. He
was absolutely anxious to the point of not being able
to see because he was worried that some of his
kids weren't doing that well and he wanted to provide
for them. So it's not just the beneficials the actual
parents to go, oh my gosh, they'll be aware of it.
(06:29):
They want to help, but that's what they signed up
to when they went in and I'm not being rude.
I don't mean to be rude to anyone about this,
but you know, read what you're signing and.
Speaker 2 (06:40):
Live with it.
Speaker 8 (06:40):
These are businesses, That's what these things are. They're not charities,
businesses that if you don't want it, if you can't,
if you don't like the terms of the agreement, don't
sign them. Well as they somewhere else.
Speaker 6 (06:53):
To live, and they're often isn't. And so my point is,
do you not think that, even though they're businesses and
I get that, that they have a duty to actually
look after the elderly and kre and they can still
make their profits, just not exorbitant profits, just not obscene profits.
Speaker 8 (07:08):
They have to act on the best interests of the companies,
that's the first thing. Well, and therefore the shareholders.
Speaker 3 (07:14):
I mean, Simon is fifty seven years old, so I
guess he's getting close to really having to worry about
this stuff.
Speaker 4 (07:22):
Shots fired, I'm only a few years ryan.
Speaker 3 (07:28):
Right onto the Olympics and this ongoing thing about which
sports would be there and which shouldn't, And then the
clickbait story that got people angry about the canoe sprint,
the one where they kneel in the boats, and you know,
people seem to go off on a tangent on this
without realizing why our guys were in that race in
(07:50):
the first place, not because they wanted to be, but
at least here they understood all that.
Speaker 9 (07:54):
But it's not their chosen sport, is it. They're not canoeists,
the kayakers, and they were only doing the canoeing the
C two in order to be able to perform in
the four man kayaking the K four. It is basically
because of a quirk and the rules that they came
to be participating in the canoeing. Because what happened is
New Zealand wanted to compete in the K four, but
we didn't qualify for the K four. But the sports
(08:16):
bosses were quite clever and they realized they could still
qualify for the K four through a technicality if they
got a crew into the Olympics for the C two.
This is the canoeing, right, so that would automatically give
them a spot in the K four because there was
already a K two, a two man kayaking kayaking team going.
So the K two crew plus the C two crew
(08:37):
equals K four crew. See, and that's how we got
in that's why the guys were so shocking at the canoeing,
because they're not actually canoeists. They've only been doing this
for three months basically to be able to just show
up and do the race, they didn't even try. By
the way, That wasn't them trying, right, They could have
done a lot better than that. They actually threw the
race because they're preserving themselves for the K four races,
(08:58):
which is the one that they actually care about, and
they had to do two of those races in the
same day, and that's smart. Why waste your energy doing
something you're not any good at when you could preserve
it for something that you might be good at. About
the counterfactual, right, if you're upset about this, are you
seriously suggesting that the sports bosses, knowing full well that
there was a technical way for them to get those
(09:19):
two boys to the Olympics for the K four, which
is their sport, should have said, nah, nah, we know
there's a way, but we're not going to do it.
I'm not going to do it because I don't because
for whatever dumb reason not going to do it. Come on,
would we really have preferred the bosses didn't send our
kayakers to the Olympics, just because there was maybe the
outside chances it was going to be a little embarrassing
in the canoeing. The bosses got clever, They exploited a
(09:41):
rule got on them.
Speaker 3 (09:42):
This discussion has got very heated in their house. Actually,
and in fact talking about sport has been banned.
Speaker 4 (09:50):
In certain circumstances. Would you believe I may have reacted
snappily the suggestions about how embarrassing they should whose cred
performance was shlim the lesson.
Speaker 2 (10:05):
There to your mouth shut talk has it been?
Speaker 3 (10:09):
I don't really care. Of course, I'm not the sports
fan that I used to be. Marcus has got a
suggestion for a very unconventional Olympic sport.
Speaker 10 (10:20):
I've kind of worked out what my Olympic sport would be.
Pocket dialing. Gosh, I can do that like no other.
I don't know what it is with my pocket dialing.
Before i'd have a cell phone, I think would actually
switch the phone down after five seconds. Now it's thirty
seconds forever calling people trying to wonder what I've seen
(10:40):
in the last couple of minutes, wondering what they've heard.
It's quite disarming.
Speaker 3 (10:44):
Okay, so hang on, let me just look us up
live on the podcast. How old is Marcus? Because we
know that Simon is fifty He then says here he's
about fifty nine years but that is the first thing
that comes out on the internet. Here's very older. Still
(11:09):
nowhere near as old as my mom though, And my
mum's really the only other person I know who calls
people by accident consistently. My mum and my step mother
in law. That's sort of the generation I would expect
that to happen. I don't know what's happened to Marcus
that he's aged prematurely and can't work his phone properly.
I think most phones I use they've got a setting
(11:31):
where they will automatically turn off once they are in
your profet. So yeah, something's gone wrong there.
Speaker 4 (11:39):
Marcus.
Speaker 3 (11:39):
If you're listening, give me a call and I'll help
you talk through your settings like I do with my
mum and my stepmother in law.
Speaker 4 (11:46):
And for everybody else. I'll talk to you tomorrow.
Speaker 2 (11:48):
See the News Talks Talking zid bean.
Speaker 1 (11:53):
For more from News Talk said b listen live on
air or online, and keep our shows with you wherever
you go with our podcast on iHeartRadio
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