September 19, 2024 • 11 mins
FIRST WITH YESTERDAY'S NEWS (highlights from Thursday on Newstalk ZB) It's Only a Number/Who's Going to Fix Everything?/The Van Plan/They're Coming for Your Retirement/Coro Street Shock
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Episode Transcript
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Speaker 1 (00:09):
You're listening to a podcast from News Talk sied B.
Follow this and our wide range of podcasts now on
iHeartRadio Used Talk SEDB, You Talk.
Speaker 2 (00:23):
Hello, my beautiful beanies, and welcome to the Bean for Friday.
First with yesterday's news, I am Glen Hart, and we
are looking back at Thursday. We need to talk apprenticeships
because apparently we just don't have enough people to do
all the infrastructure that's been promised. We need twenty five
thousand more. Where were going to get them from? Who's
(00:45):
going to fix the potholes? Wealth text and retirement generally,
My British wants the word on that, and we've got
some shocking Coronation Street news at the end of the podcast.
To be honest, I find all Coronation Street news pretty
shocking anyway. At the beginning of the podcast, we're talking
GDP because we are just sob saised with the GDP
these days, aren't we? Every month? Ah, what's the GDP doing?
Speaker 3 (01:09):
People haven't got money, they're not spending. Retailers can't pay
their rent, so they shut They stop spending with their suppliers,
they stop hiring staff, and those people then have less
money to spend as well, and that is basically what
happens in the economy and what that GDP number means.
We have now each of us as in per capita,
we have now gone backwards for seven consecutive quarters annually.
(01:33):
The per capita decline in GDP is two point seven percent.
That is really significant, right, there's a lot that we've lost,
keep we bank reckons. This is basically two years of recession. Now,
it's not technically two years of recession because it's up
and down, up and down, up and down quarter to quarter,
So it doesn't mean the technical doesn't meet the technical
deck definition of what a recession is. But it really
(01:55):
is two years a really hard slog for this country.
And it has been hard, hasn't it. It's been really
really tough. So here's the good news. There are signs
that it's getting better. Consumer confidences up, business confidences up.
My brother's business didn't shut down altogether. They stayed online.
Their sales have started ticking up, particularly this month. The
trend lines that they are seeing are headed all in
(02:16):
the right direction. And so what they're going to do
now is they're going to open a shop again. What
does that tell me? It tells me that Yep, it's
been hard. We're not imagining it. We don't even need
the numbers to tell us how heart it's been. But
we are all now very obviously headed in the right direction.
Speaker 2 (02:31):
I'm always a little bit concerned when hosts of nationwide
radio shows based their opinions on one particular case, but
I guess it is. I guess we all do that,
don't we. So Actually, the more I think about it,
the more relatable it makes you. I'm fine with it.
I've changed my mind completely within the last few seconds.
Speaker 1 (02:54):
News talk been.
Speaker 2 (02:56):
So anyway, we just don't have enough workers at the
moment to do all the infrastructure stuff that they want
to do.
Speaker 4 (03:03):
So what do we do that The government takes training
for the automotive motive industry away from polytechs and puts
it back in the hands of the automotive industry itself.
And just like I do with the civil contractors, I
couldn't agree more with the people in the automotive industry
because there is nothing better than learning on the job,
(03:24):
nothing better I know from my experience on the job.
Training keeps it real. It knocks you down a pegle two.
If you need to be knocked down a pegle two,
and like I said earlier, I thought I was the
bee's nees when I left school to become a Cadet
newspaper reporter. I've been editor of the school newspaper. I've
been a debate. I knew it all. And chances are
(03:48):
if I had gone and done a journalism course at
a polytech or a university, they would have allowed me
just to keep on thinking that I was Christmas. But
I didn't go to University of Polytech. I learned the
hard way, which, as it turned out to be, was
the best one.
Speaker 2 (04:04):
So John McDonald there, he was standing in for Carey yesterday.
I mean in all the places where carry normally is
he's normally honest to me.
Speaker 5 (04:15):
Any price it.
Speaker 1 (04:19):
Not.
Speaker 6 (04:20):
I don't quite understand what the point was.
Speaker 2 (04:23):
It seems like it's harder to get qualifications and learn
on the job, but he just learned on the judge
isn't here saying I don't know. I mean I didn't
go to university or polygic either, So I guess I
learned the hard way or was it the easy way?
When it gets to Friday, it feels pretty hard. Let's
(04:44):
put it that way.
Speaker 1 (04:45):
Qu'es talk sivin.
Speaker 7 (04:46):
Yeah.
Speaker 2 (04:47):
I think it's more than just fixing the potholes. Where
people do get obsessed about the potholes, don't they. I
don't know how this success. The childing was about the potholes,
but they wanted to talk about the potholes.
Speaker 8 (04:56):
And we're talking about these new fan dangled vans that
have been announced today, pothole vans where they kind of
find where the potholes are and transmit that data back
to the government so that they can get contractors in
there and fix it properly, and also map out where
the problems are on our state highways. There's five vans
that are no one airs consistent conditioned data collection survey vans.
(05:18):
Five of them. There's going to be one for most
of the South Island, one for the top of the
South of Wellington, one for the middle of the North
Island and one for Auckland Northlands. But where are the
problems when it comes to the big potholes on the
state highways? And I actually love this. It's innovative, it's clever,
it's using technology to solve a problem that annoys a
(05:38):
lot of people. But we've still got a big problem
when it comes to our councils, they don't have these vans.
We'll get a Paul, Yeah.
Speaker 7 (05:45):
Get a yeah. I think all the vans should probably
spend their first month up in Northland because it's one
big puzzle up here.
Speaker 8 (05:52):
You want all five of them?
Speaker 7 (05:53):
Yeah? Yeah. I spent thirty years in their agricultural industry
up farmer tracts. I've seen better farm tracks than the
state Highway up here.
Speaker 8 (06:02):
I was just talking to my producer Andrew. And Andrew
spends a bit of time up north, and I lived
in Funada for two and a half years. Always roadworks,
always roadworks.
Speaker 7 (06:14):
Even when I'm driving up past Fomerrated Kai Tim there's
no roadworks at the moment.
Speaker 4 (06:18):
Well that's good.
Speaker 8 (06:19):
That's rare for the.
Speaker 7 (06:20):
Last several weeks. But I'd love to have. Yeah.
Speaker 2 (06:22):
I often think about that when I'm man This roadworks
is annoying. But then I sort of had to tell
my stuff I'd be even more annoying if the road
wasn't complete disrepair, or you know, there wasn't this extra
on ramp and off ramp Ford near.
Speaker 8 (06:39):
Deepful.
Speaker 2 (06:39):
What you wish for? I guess right now, is theybor
ever going to gain any ground, promising more taxes for
people and things like raising the retirement age. Are they
just trying to be the most Are they actually trying
to be the most unpopular party ever?
Speaker 5 (06:54):
The median net worth of the Kiwi household in twenty
twenty one was around four hundred thousand dollars And some
people take great risks to grow theirs and they deserve
the rewards of that. Many of us fail in business
and we don't about that much. Many have mortgage their
family homes and you'll find them inside there at nighttime,
(07:14):
light on in the bedroom, not sleeping, with the stress
of how they're going to make it work, how they're
going to keep the lights on, how they're going to innovate,
keep staff on, hire more staff, etc. Others wet one
two three jobs to improve their lot. And most people
aspire to create more wealth, not out of sheer selfishness. Well,
some do, sure, but for most of us it's about
providing for their families, leaving something behind for their kids,
(07:37):
and being set up so that their husband or wife
is taken care of if they are to die early.
And for most of us, wealth is not evil. It's
actually an act of loving those people around you, those
people you care about, which is why when politicians come
knocking at the door demanding a so called wealth tax,
or that the wealthy pay more, not just income tax,
(07:59):
but those imaginary wealth taxes too. We get so touchy
about it, don't we. We're like when my dog's eating
dinner and I try and approach that's how we feel
as a collective get away, it's mine, hands off. The
irony in this is that Tory Farner is part of
the Greens who advocate for exactly this type of approach.
(08:21):
They say tax is love, not wealth is love. And sure,
when money is well spent and services delivered, maybe taxes love,
but cycle bridges to know where half million dollar bike racks,
contractor and consultant money scrambles. They don't feel like love
to me. They feel more like.
Speaker 2 (08:41):
Yeah, I doubt that we're going to go running back
to labor anytime soon, like a like a vetted wife.
But you know, people in love do do crazy things.
Speaker 7 (09:00):
Yeah.
Speaker 2 (09:00):
No, once again, I think I've missed the point. This
is like the podcast where I just missed the point
all the way through the podcast.
Speaker 1 (09:07):
News Talk.
Speaker 2 (09:09):
Now. I was kind of hoping that Coronation Street had
gone away forever, but I think it is actually still
on and people are still wanting to talk about it.
You can't quite tell from this whether Marcus wants to
talk about it or not.
Speaker 6 (09:21):
To be honest, he has been a death in Coronation Street.
I know that you people follow that, or some of
you do, because I know what it's not on you
people ring me. So therefore, if someone dies from Coronation Street,
I'm always keen to tell you who that is because
I've never heard of them. For a lot of them,
I watched it for a while, but not for a
while back, and all the people that I watched are
(09:43):
no longer there. The guy's name is Jeff hinslif who
has died. He was Don Brennan. You might know whom
I don't. He looks like a classic Coronation Street guy,
Don Brennan eighty seven to ninety seven.
Speaker 2 (10:06):
There you go.
Speaker 6 (10:07):
I think all the British actors have been there at
some time with their life.
Speaker 2 (10:10):
Oh I'm glad you clear that up, because for most
of the time there, I thought he was talking about
a character on Coronation Street, not an actor who used
to be on Coronation Street. And I thought he was
going to spoil the plot for people who hadn't watched
it yet, so I know people get very upset about
that sort of thing. I feel like Coronation Street is
(10:32):
a bit like for people who you know, didn't grow
up in the age of social media. It's a bit
like how social media stretches people out, but they still
I think feel like Corodation Street stress people out, but
they still watch it, you know, because they get upset
if the time changes, they get up sat it, when
things happened on it, they get up see it when
(10:53):
people's call the plot. Just don't watch it and then
save yourself some Greek. You will never get any grief
listening to this podcast.
Speaker 8 (11:00):
It's stress free.
Speaker 2 (11:02):
And I'll be bet with more relaxing podcasting before you
again on Monday.
Speaker 7 (11:05):
See there.
Speaker 1 (11:10):
For more from News Talk st B. Listen live on
air or online, and keep our shows with you wherever
you go with our podcasts on iHeartRadio.
You're listening to a podcast from News Talk sied B.
Follow this and our wide range of podcasts now on
iHeartRadio Used Talk SEDB, You Talk.
Speaker 2 (00:23):
Hello, my beautiful beanies, and welcome to the Bean for Friday.
First with yesterday's news, I am Glen Hart, and we
are looking back at Thursday. We need to talk apprenticeships
because apparently we just don't have enough people to do
all the infrastructure that's been promised. We need twenty five
thousand more. Where were going to get them from? Who's
(00:45):
going to fix the potholes? Wealth text and retirement generally,
My British wants the word on that, and we've got
some shocking Coronation Street news at the end of the podcast.
To be honest, I find all Coronation Street news pretty
shocking anyway. At the beginning of the podcast, we're talking
GDP because we are just sob saised with the GDP
these days, aren't we? Every month? Ah, what's the GDP doing?
Speaker 3 (01:09):
People haven't got money, they're not spending. Retailers can't pay
their rent, so they shut They stop spending with their suppliers,
they stop hiring staff, and those people then have less
money to spend as well, and that is basically what
happens in the economy and what that GDP number means.
We have now each of us as in per capita,
we have now gone backwards for seven consecutive quarters annually.
(01:33):
The per capita decline in GDP is two point seven percent.
That is really significant, right, there's a lot that we've lost,
keep we bank reckons. This is basically two years of recession. Now,
it's not technically two years of recession because it's up
and down, up and down, up and down quarter to quarter,
So it doesn't mean the technical doesn't meet the technical
deck definition of what a recession is. But it really
(01:55):
is two years a really hard slog for this country.
And it has been hard, hasn't it. It's been really
really tough. So here's the good news. There are signs
that it's getting better. Consumer confidences up, business confidences up.
My brother's business didn't shut down altogether. They stayed online.
Their sales have started ticking up, particularly this month. The
trend lines that they are seeing are headed all in
(02:16):
the right direction. And so what they're going to do
now is they're going to open a shop again. What
does that tell me? It tells me that Yep, it's
been hard. We're not imagining it. We don't even need
the numbers to tell us how heart it's been. But
we are all now very obviously headed in the right direction.
Speaker 2 (02:31):
I'm always a little bit concerned when hosts of nationwide
radio shows based their opinions on one particular case, but
I guess it is. I guess we all do that,
don't we. So Actually, the more I think about it,
the more relatable it makes you. I'm fine with it.
I've changed my mind completely within the last few seconds.
Speaker 1 (02:54):
News talk been.
Speaker 2 (02:56):
So anyway, we just don't have enough workers at the
moment to do all the infrastructure stuff that they want
to do.
Speaker 4 (03:03):
So what do we do that The government takes training
for the automotive motive industry away from polytechs and puts
it back in the hands of the automotive industry itself.
And just like I do with the civil contractors, I
couldn't agree more with the people in the automotive industry
because there is nothing better than learning on the job,
(03:24):
nothing better I know from my experience on the job.
Training keeps it real. It knocks you down a pegle two.
If you need to be knocked down a pegle two,
and like I said earlier, I thought I was the
bee's nees when I left school to become a Cadet
newspaper reporter. I've been editor of the school newspaper. I've
been a debate. I knew it all. And chances are
(03:48):
if I had gone and done a journalism course at
a polytech or a university, they would have allowed me
just to keep on thinking that I was Christmas. But
I didn't go to University of Polytech. I learned the
hard way, which, as it turned out to be, was
the best one.
Speaker 2 (04:04):
So John McDonald there, he was standing in for Carey yesterday.
I mean in all the places where carry normally is
he's normally honest to me.
Speaker 5 (04:15):
Any price it.
Speaker 1 (04:19):
Not.
Speaker 6 (04:20):
I don't quite understand what the point was.
Speaker 2 (04:23):
It seems like it's harder to get qualifications and learn
on the job, but he just learned on the judge
isn't here saying I don't know. I mean I didn't
go to university or polygic either, So I guess I
learned the hard way or was it the easy way?
When it gets to Friday, it feels pretty hard. Let's
(04:44):
put it that way.
Speaker 1 (04:45):
Qu'es talk sivin.
Speaker 7 (04:46):
Yeah.
Speaker 2 (04:47):
I think it's more than just fixing the potholes. Where
people do get obsessed about the potholes, don't they. I
don't know how this success. The childing was about the potholes,
but they wanted to talk about the potholes.
Speaker 8 (04:56):
And we're talking about these new fan dangled vans that
have been announced today, pothole vans where they kind of
find where the potholes are and transmit that data back
to the government so that they can get contractors in
there and fix it properly, and also map out where
the problems are on our state highways. There's five vans
that are no one airs consistent conditioned data collection survey vans.
(05:18):
Five of them. There's going to be one for most
of the South Island, one for the top of the
South of Wellington, one for the middle of the North
Island and one for Auckland Northlands. But where are the
problems when it comes to the big potholes on the
state highways? And I actually love this. It's innovative, it's clever,
it's using technology to solve a problem that annoys a
(05:38):
lot of people. But we've still got a big problem
when it comes to our councils, they don't have these vans.
We'll get a Paul, Yeah.
Speaker 7 (05:45):
Get a yeah. I think all the vans should probably
spend their first month up in Northland because it's one
big puzzle up here.
Speaker 8 (05:52):
You want all five of them?
Speaker 7 (05:53):
Yeah? Yeah. I spent thirty years in their agricultural industry
up farmer tracts. I've seen better farm tracks than the
state Highway up here.
Speaker 8 (06:02):
I was just talking to my producer Andrew. And Andrew
spends a bit of time up north, and I lived
in Funada for two and a half years. Always roadworks,
always roadworks.
Speaker 7 (06:14):
Even when I'm driving up past Fomerrated Kai Tim there's
no roadworks at the moment.
Speaker 4 (06:18):
Well that's good.
Speaker 8 (06:19):
That's rare for the.
Speaker 7 (06:20):
Last several weeks. But I'd love to have. Yeah.
Speaker 2 (06:22):
I often think about that when I'm man This roadworks
is annoying. But then I sort of had to tell
my stuff I'd be even more annoying if the road
wasn't complete disrepair, or you know, there wasn't this extra
on ramp and off ramp Ford near.
Speaker 8 (06:39):
Deepful.
Speaker 2 (06:39):
What you wish for? I guess right now, is theybor
ever going to gain any ground, promising more taxes for
people and things like raising the retirement age. Are they
just trying to be the most Are they actually trying
to be the most unpopular party ever?
Speaker 5 (06:54):
The median net worth of the Kiwi household in twenty
twenty one was around four hundred thousand dollars And some
people take great risks to grow theirs and they deserve
the rewards of that. Many of us fail in business
and we don't about that much. Many have mortgage their
family homes and you'll find them inside there at nighttime,
(07:14):
light on in the bedroom, not sleeping, with the stress
of how they're going to make it work, how they're
going to keep the lights on, how they're going to innovate,
keep staff on, hire more staff, etc. Others wet one
two three jobs to improve their lot. And most people
aspire to create more wealth, not out of sheer selfishness. Well,
some do, sure, but for most of us it's about
providing for their families, leaving something behind for their kids,
(07:37):
and being set up so that their husband or wife
is taken care of if they are to die early.
And for most of us, wealth is not evil. It's
actually an act of loving those people around you, those
people you care about, which is why when politicians come
knocking at the door demanding a so called wealth tax,
or that the wealthy pay more, not just income tax,
(07:59):
but those imaginary wealth taxes too. We get so touchy
about it, don't we. We're like when my dog's eating
dinner and I try and approach that's how we feel
as a collective get away, it's mine, hands off. The
irony in this is that Tory Farner is part of
the Greens who advocate for exactly this type of approach.
(08:21):
They say tax is love, not wealth is love. And sure,
when money is well spent and services delivered, maybe taxes love,
but cycle bridges to know where half million dollar bike racks,
contractor and consultant money scrambles. They don't feel like love
to me. They feel more like.
Speaker 2 (08:41):
Yeah, I doubt that we're going to go running back
to labor anytime soon, like a like a vetted wife.
But you know, people in love do do crazy things.
Speaker 7 (09:00):
Yeah.
Speaker 2 (09:00):
No, once again, I think I've missed the point. This
is like the podcast where I just missed the point
all the way through the podcast.
Speaker 1 (09:07):
News Talk.
Speaker 2 (09:09):
Now. I was kind of hoping that Coronation Street had
gone away forever, but I think it is actually still
on and people are still wanting to talk about it.
You can't quite tell from this whether Marcus wants to
talk about it or not.
Speaker 6 (09:21):
To be honest, he has been a death in Coronation Street.
I know that you people follow that, or some of
you do, because I know what it's not on you
people ring me. So therefore, if someone dies from Coronation Street,
I'm always keen to tell you who that is because
I've never heard of them. For a lot of them,
I watched it for a while, but not for a
while back, and all the people that I watched are
(09:43):
no longer there. The guy's name is Jeff hinslif who
has died. He was Don Brennan. You might know whom
I don't. He looks like a classic Coronation Street guy,
Don Brennan eighty seven to ninety seven.
Speaker 2 (10:06):
There you go.
Speaker 6 (10:07):
I think all the British actors have been there at
some time with their life.
Speaker 2 (10:10):
Oh I'm glad you clear that up, because for most
of the time there, I thought he was talking about
a character on Coronation Street, not an actor who used
to be on Coronation Street. And I thought he was
going to spoil the plot for people who hadn't watched
it yet, so I know people get very upset about
that sort of thing. I feel like Coronation Street is
(10:32):
a bit like for people who you know, didn't grow
up in the age of social media. It's a bit
like how social media stretches people out, but they still
I think feel like Corodation Street stress people out, but
they still watch it, you know, because they get upset
if the time changes, they get up sat it, when
things happened on it, they get up see it when
(10:53):
people's call the plot. Just don't watch it and then
save yourself some Greek. You will never get any grief
listening to this podcast.
Speaker 8 (11:00):
It's stress free.
Speaker 2 (11:02):
And I'll be bet with more relaxing podcasting before you
again on Monday.
Speaker 7 (11:05):
See there.
Speaker 1 (11:10):
For more from News Talk st B. Listen live on
air or online, and keep our shows with you wherever
you go with our podcasts on iHeartRadio.
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