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October 1, 2024 • 15 mins

FIRST WITH YESTERDAY'S NEWS (highlights from Tuesday on Newstalk ZB) I Wouldn't Go There/The Value of Health Insurance/Stoking the CGT Beef/Croctallk ZB/The End Times

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Speaker 1 (00:09):
You're listening to a podcast from News Talk sed B.
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Speaker 2 (00:21):
You Talk said, Hello, my beautiful beanies, and welcome to
the bean for Wednesday. First of yesterday's news. I am
Brian Hart, and we are looking back at Tuesday and
health insurances. So it's not just the public house system
that's under forressure, it's the private house system as well,
by the sounds of things, and we'll get into this.

Speaker 3 (00:40):
Oh no, how are we still talking about capital games? Tax? Well?

Speaker 2 (00:45):
Jack Tam is in charge of the drive show at
the moment, and I think there's some beef starting to
happen between a drive of breakfast because Heather's in charge
of breakfast.

Speaker 3 (00:56):
So we'll dig down into that shortly.

Speaker 2 (00:58):
Our crocs blowing acc claims out of the all proportion,
a little bit of crop talk and is it the
end times? That's something nice to finish up with. In fact,
it's the only thing you can really finish up with,
isn't it?

Speaker 3 (01:14):
Before any of that? Now, his bila, his blah. Are
they actually in charge of Lebanon? Who's in charge of Lebanon?

Speaker 2 (01:23):
And why is there a political arm in a military arm.

Speaker 4 (01:26):
Israel looks set to launch a ground invasion into Lebanon,
could happen as early as today. And as all this happens,
our government is refusing to say if it will designate
Hesbila's political wing as a terrorist entity. And a statement
to this show our terrorism designations work in group. There
the ones who decided this stuff. They say that the

(01:47):
Aramback group's military wing was declared a terrorist entity in
twenty ten. It basically says they won't talk publicly about
whether they're considering going further with Hesbila. This all comes,
of course, after Israel killed its leader, Hesbila's leader, Hassan
israela up. The US called this justice. The group itself

(02:08):
actually makes no distinction between its military and its political
social wings. What's interesting here two things. Number One, Luxon
and Winston designated Hummas a terror group in its entirety
back in February, after years of making a distinction for
the political wing. Will they do the same with his Billa.
Number Two? In Australia, Albanezi there is cracking down on

(02:30):
protesters in New South Wales and in Victoria, who was
seen waving his bill of flags and allegedly chanting violent verses.

Speaker 3 (02:38):
If such a.

Speaker 4 (02:39):
Thing were to happen here, would the lack of his
designation stop our authorities from taking similar action? Leon Goldsmith,
who say Middle East expert, told me yesterday on the
show Australia and Canada don't make any distinction like we do.
Ultimately what we do is not going to stop war
in the Middle East, but could affect how we deal

(03:01):
with the fallout here at home.

Speaker 2 (03:03):
Well, I mean, Ryan's brave, isn't he to wave into
these particular warders because it's definitely a complicated business. I
didn't know that we had a Terrorism Designations Working Group,
the old.

Speaker 3 (03:17):
TDWG. Who's on that? Then?

Speaker 2 (03:23):
How often do you have to designate a group as
a terrorist.

Speaker 3 (03:26):
Organization or not?

Speaker 2 (03:27):
Like do they have a lot of work on the
old t TDWG or Tiddwig as I like to referther
to the mess It's not really very.

Speaker 3 (03:40):
Catchy, is it? News talk?

Speaker 5 (03:43):
Has it been?

Speaker 3 (03:44):
Okay?

Speaker 2 (03:45):
So we know that the health system is stuffed basically,
but it turns out there's a lot of pressure on
the private health system as well, and the premiums are
just going up for the up.

Speaker 6 (03:56):
You know, I would be forever getting head colds, thinking
it was just being prone to headcolds. No, it's something
that I need surgery for. It's not life threatening, it's
really annoying. It means I have to take time off work.
Because those of you have listened for a while, you
know when I've got it. In fact, Tony Street's heir

(04:16):
knows on throat surgeon diagnosed me over the wireless and
said I needed to get in and see him. As
it was, I'd already booked the surgery and I was
lucky enough to be able to do that because of
the premiums I've been paying for years and years and years.
It does get more expensive, but I will prioritize paying it,

(04:37):
paying the premiums even as they rise, as long as
I can, because why I live with this sort of
thing if you don't have to. It's painful, it's uncomfortable.
It takes me off work, and that could be the
same for many non life threatening ailments that many of
us suffer. People with knees hips, her n ears, all

(05:02):
of those sorts of things that are deemed not to
be urgent, not to be critical, not to be a cue.
But I have a huge impact on people's day to
day lives and their ability to work, their ability to
be full members of the family, full members of the community.

(05:23):
I am counting the hours till the operation next week,
as are my colleagues. I know that the premiums will
only get more expensive, but I know I'm only going
to need it more if I'm lucky enough to make
it into my twilight years.

Speaker 2 (05:40):
It's always a bad situation when you need gets urgent
and you've got urgent needs.

Speaker 3 (05:46):
It's an interesting way that she's put that.

Speaker 2 (05:50):
I'm wondering if I need to look up this this
E and T surgent to the stars, Harry and Tony.

Speaker 3 (06:01):
C and T.

Speaker 2 (06:03):
Because my snoring is out as completely out of control.
Not only is it keeping domestic of the manager awake,
but sometimes I wake myself up, Now what the hell
is that noise? But the more I research about snoring,
the more it seems that there is nothing that they
can really do about it. Apparently there is surgery that
you can do, but it doesn't last that long, and

(06:25):
then you just go back.

Speaker 3 (06:26):
To snoring anyway, which is a bit disappointing.

Speaker 2 (06:32):
I mean, it's not all the issue was about, of course,
but we're sort of talking about health insurance. And as
I always say, my father and always said, the best
health insurance is to pay.

Speaker 3 (06:42):
Off your mortgage.

Speaker 2 (06:44):
And then you have money around, buying around to pay
for any health plans.

Speaker 3 (06:50):
That you need to pay for.

Speaker 2 (06:52):
I hope he's right, because that's basically what we've done.
We're going to come back to how shortly sort of
and things that you can claim for and can't claim
for on the public tea before we do. Speaking of
sort of tax stuff. Oh, Kevil gains tax. Let's keep
talking about that.

Speaker 3 (07:12):
Thanks Jack.

Speaker 7 (07:13):
Why should someone who is aspirational, someone who's getting off
their butt and working multiple jobs to make a better
life for their family, who's sacrificing time with their loved ones,
who's sacrificing sleep, maybe even sacrificing their health, why should
they pay tax at the marginal rate while someone else
can make a six figure profit buying and selling property

(07:35):
within a few years and not pay a cent. Look,
maybe you'll argue that it's a question of risk, right,
Someone who's got the means and the initiative to buy
a property does so knowing that profits are by no
means guaranteed. If you're renting it out. A tenant could
cause damage, the market could sour. You know, we all
agree there's no such thing as a one hundred percent

(07:57):
safe and guaranteed investment, right, but come on, the odds
are pretty good. In recent decades, property values in New
Zealand have increased in value at a rate much greater
than inflation over time. How many people who buy property
make a net profit when they sell it versus how
many people make a net loss? Do we really think

(08:19):
that the investment risk is so great that it justifies
zero tax on that profit. Wouldn't something be fair, something
like five percent, ten percent on the profit, not the
marginal tax rate, but something. Yeah. Christopher Luxon says he
gets questioned for being successful personally. I don't resent his

(08:40):
success for a moment. I think success should be celebrated.
But I do question how anyone can think it's fair
that someone trying to emulate that success and getting ahead
using their initiative, working fifty or sixty hours a week,
why that person should be taxed on that income at

(09:00):
the marginal rate. While a prime minister or a politician
or a broadcaster can theory make a low risk investment
a six figure profit and not pay.

Speaker 2 (09:13):
So apparently that point of view of furiates heatherdople c
Ellen personally, I turn off as a good So it's
not just that at the moment they not. It doesn't
even have to get out to the word tax. As

(09:33):
soon as it gets to capital gains and then I'm off.

Speaker 3 (09:37):
I'm out. I don't care.

Speaker 2 (09:40):
And even if they call it CGT, by the time
they get to the G I've switched off. I'm homers.
I'm suddenly surtish music playing into my brain.

Speaker 3 (09:51):
Are you interested?

Speaker 2 (09:52):
I hope you are, because I just spent quite a
lot of time in this podcast on it. Anyway, I'm
trying to get.

Speaker 3 (09:56):
A beef going between driving breakfast.

Speaker 2 (09:59):
Is that irresponsible when the normal breakfast host is in around?

Speaker 8 (10:03):
Right?

Speaker 2 (10:04):
Love a bit of crop talk. Crops famously the ugly
shoes in the world. Sometimes they're cool, sometimes they're uncol
I think ACC thinks they're pretty uncoll at the moment,
because it turns out that more than one hundred claims
have been made.

Speaker 3 (10:21):
Because of crops?

Speaker 2 (10:22):
Is this because people aren't wearing them in sports mode?
You should wear always wear them in sports mode if
you if you're doing anything remotely active. Relaxed mode is
really for only around the house.

Speaker 8 (10:32):
Every injury of hat has been to being due to jendals. Really,
and now I'm into crops, and but I think I'll
go back to my technical sandals.

Speaker 3 (10:45):
It's very that's very middle of the road of you,
isn't it.

Speaker 8 (10:49):
Well that just sounds way better than you to say
these aren't those Roman, these are the belchrome and you
got ballistic nylon and all that.

Speaker 4 (10:58):
Actually, what accidents did you have in your jendles?

Speaker 8 (11:01):
Gendals don't have a lot of treats. So as soon
as the ground has been a moisture on it, or
concrete or vinyl or anything like that, you're gone. It's
always because you lose your tread on your candle. I've
had a few poppers, you know. It isn't like the
front run popping out of the whole, But that doesn't

(11:23):
cause any jury. If you do peer put on a
pair of crops and pull on the strap on the
back over your here, that's known as sports mode. So
you can't get up a good.

Speaker 3 (11:35):
Pup sports mode with your crops.

Speaker 8 (11:40):
It's a whole different world out there.

Speaker 4 (11:43):
Is that a real thing?

Speaker 3 (11:44):
Sports mode?

Speaker 8 (11:47):
If the worst thing. You go on to welely Express.
You can buy a little headlights that clippings of the
little holes on the front of your crops. It's brilliant.
It's absolutely brilliant. If you're immature and you know you
just want to be with the younger folk, thing, crock
it up.

Speaker 2 (12:10):
I do wonder if these things get slightly skewed.

Speaker 3 (12:15):
Is cripping over your crops? Is that really crop related?

Speaker 2 (12:19):
I only asked this because my most serious injury probably
I've sustained was my broken shoulder last year.

Speaker 3 (12:28):
And I wasn't wearing crops.

Speaker 2 (12:29):
I was wearing sports shoes, like proper running shoes, and
I slipped over in a puddle. Now, is that the
shoes fold? And if it is, does this mean that, like,
you know, if you really dug down, I reckon? Sports
shoe related injuries are outweigh any gendle or crop or

(12:53):
high heel related injuries, are you reckon that?

Speaker 3 (12:55):
You reckon?

Speaker 2 (12:56):
A lot of people get injured while they're playing sports
or running or exercising, and what shoes are they wearing them?

Speaker 3 (13:03):
But we don't blame it on those shoes, do we.
This is the second time this has happened this week
the Nang story where you're up at the Nang story
when they.

Speaker 9 (13:12):
Said that the whole twenty five people who had made
Nang related acc queens and apparently we had all these
people who can't walk anymore because they've been doing nitrous
We don't know, you know exactly, because they didn't say
that in the story exactly.

Speaker 3 (13:25):
Hown't if you can't walk anymore, whether it was one.

Speaker 1 (13:27):
Or twenty five, anyway, news talk has it been.

Speaker 2 (13:34):
I guess that's the kind of thing that happens in
the end times. This is the end times. There was
earthquake last night. They've got Marcus wondering if well Marxus's
listeners anyway, wondering if it was the end time.

Speaker 5 (13:43):
From my knowledge of the theory about planets and life
on planets and other galaxies, once intelligent life form begins,
then immediately becomes the last days, because I think they
think that all civilizations, once they get the technology, will

(14:04):
wipe themselves out. So it's only a short amount of
time for a sweet spot that a planet and it's
lifespan can host life. I'm big on this is a theory,
so I'm going big on this anyway, Yeah.

Speaker 2 (14:16):
That's a great I'm into that. That whole theory of
Marx is there. I've read it a couple of sci
fi books lately. In fact, I only ever read sci
fi books Jack Reacher and sci fi. It's a wavery
but I've read some lately that's sort of talk about
the end of civilizations, the end of the universe, and

(14:38):
basically everything that rises falls.

Speaker 3 (14:41):
I think that's just logic, isn't it. And I don't
know how encouraging that is.

Speaker 2 (14:50):
And I guess it depends on where you are in
that cycle, how close we are to the fall. And
I think a lot of people think that that's happening now.
Odats I mean, as long as they're still making upgrades
to iPhones and then not actually getting worse. I don't

(15:13):
want to be all right, I am Glen hat that
has been news talks. He had been quite a long
one today. But I think it was all quality stuff.
We had to get all that quality stuff out there,
didn't we. I'm going to make a little bit of
extra time for quality. I'm sorry if I've held you
up from whatever it was you were supposed to be doing.

Speaker 3 (15:27):
Quick, go go off and do it. And I'll see
you back here again tomorrow.

Speaker 1 (15:31):
News Talks Talking Said Bean. For more from News Talk
Said b listen live on air or online, and keep
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