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October 9, 2024 • 14 mins

FIRST WITH YESTERDAY'S NEWS (highlights from Wednesday on Newstalk ZB) It's Just a Number/When Cash Jobs Go Wrong/Just Make it Funnier/You Feeling Lucky?/Should We Be Worried About Matt Heath?

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Speaker 1 (00:09):
You're listening to a podcast from News Talk said B.
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Speaker 2 (00:20):
Talk, SEDB, You Talk Said.

Speaker 3 (00:23):
Hello, my beautiful beanies, and welcome to the bean for Thursday.

Speaker 4 (00:26):
First with yesterday's news.

Speaker 3 (00:27):
I am Glen Hart, and we are looking back at Wednesday.
Dodgy builders. Look out, they're coming for you again. A
little more, a little more piece forgotten how to talk.
It's going to slow me down today, a bit more
on the Tivy billboard situation. Good to see of Ryan Bridge,

(00:47):
Marcus will discuss luck and who the hell is this
guy we've hired host of the afternoon show before any
of that. Yes, it was oci day yesterday, so the
people who are predicting seventy five or twenty five were wrong.

Speaker 2 (01:03):
Fifty basis points is a meaningful cut. So I did
back of the envelope, SARMs, you've got a four hundred
thousand dollars mortgage and you're coming off, say a seven
point two onto the market leading five point seven being
advertised for a one year mortgage today. That is a
difference of five hundred bucks a month in your back pocket.

(01:23):
And what's clear from the Reserve Bank's comments is that,
like it was on the way up, the cutting cycle
is still likely to have disproportioned impacts depending on different circumstances.
As the OCR comes down, our economy is growing, international
growth is slowing. In the Middle East conflict has the
potential to cause a global oil shock, And with an

(01:44):
unemployment rate that lags the cash rate cycle, we could
still add the best part of one hundred basis points
maybe to our unemployment rate. It's at four point six
right now. Treasury and the Reserve Bank thought would be
well above five come the middle of next year. The
Reserve Bank might be cutting faster than they anticipated just
a few months ago, but it certainly won't come nearly

(02:06):
fast enough for many things, thousands of New Zealanders who
are likely going to lose their jobs over the next
few months. The NPS in November is the last cash
rate decision for twenty twenty four and the last for
the best part of three months. My period for the
pick for the time, My pick for the period between
now and then is that calls for more significant cuts,

(02:27):
maybe even to something akin to the neutral cash rate,
will only continue to intensify. Our economy might have a
taste of relief, but it is crying out for so
so much more.

Speaker 3 (02:38):
I'd love to know. It seems to be all we
talk about on news talks these days is the ocr
and I would love to know though, like the wider population,
and we dig into the census data and find out
how many people are as obsessed with the OCR as
we are on this station. I mean good that it's

(03:03):
coming down, because that's good. I suppose it is news talk, right,
so they're going to have another crack at getting rid
of the cowboys out there, the dodgy builders. I feel
like we've been through all this before, haven't we.

Speaker 5 (03:18):
I've been very, very lucky with the Reno's. I've done
amazing builders, But then they weren't the cheapest. They had integrity,
they were jolly good at what they did. I presume
they still are. The work lasted. They had absolute confidence.
I had absolute confidence in them. That's what we need,

(03:44):
is that the norm or are there too many cowboys
getting away with it? I'd really love to hear from
the industry on this, because only you will know a
if these reforms are going to improve things, and b
whether these fines this move to improve accountability and professionalism

(04:06):
is going to actually work. I do not see phones
working in any way, shape or form. The only way
I can see this working is by having a barrier
to entry into the profession, you know, having people who
know what they're doing, who are proud of what they do,
who stand by what they do. There are plenty of

(04:29):
those in the building profession. We just need more of them.

Speaker 3 (04:31):
I tell you what, the worst thing about hiring somebody
who does a crappy job of you know, something that
you've hired a tradesman for on your property is if
you're the person who's hired them, because then the other
person who hasn't hired them will hold that against you forever.
Don't ask me how I know that, but I didn't.

(04:54):
But at concrete in my place, there is not the way.

Speaker 6 (04:57):
Who supposed to be.

Speaker 1 (04:58):
Let's just leave it at that 's talk said.

Speaker 4 (05:01):
Okay.

Speaker 3 (05:01):
I feel like this twoy billboard controversy has come and
gone already that Ryan wanted to have his two it's
worth yesterday anyway.

Speaker 6 (05:09):
Complaints, backlash, outrage, divisive, sad, strong reaction to the Twoey billboards,
poking fun at old polky and not guilty of killing
his wife. By the way the billboards read, if you
haven't seen them back to being a respectable meth smoking,
sex worker loving doctor, then you're right quite good. It's

(05:31):
not breaking any rules, and I say good on them
for getting back to this. We need good humor to.

Speaker 7 (05:37):
Cut through the crap that our society seems to be.
That seems to proliferate our society at the moment. Kiwi's
are straight talkers. We love taking the mickey out of people.
We're not mean generally, we are fair, and I think
we've lost our ability to laugh together. And these billboards,
while pitched by some as divisive, I think will actually

(05:58):
do the opposite. They should bring us closer together. And
I was hardened to hear the dB marketing director Fraser
Shrimpton's statement, which he gave to the paper. He said,
while we haven't set out to offend anyone, we are
happy to push the boundaries and say the things that
we've all been thinking.

Speaker 4 (06:17):
Great. We need to talk about how we really feel,
because when we share it, especially with humor, we connect
with one another as a society, don't we We grow
closer together, we are less divided. So long may the
twoy billboards last.

Speaker 3 (06:32):
I actually saw it driving home yesterday in my neighborhood,
and I must have met It was a little bit confronting,
like i'd heard about what it said, but then when
I actually saw it with my own eyes, it was
on an electric videos what do you call those ones?
You know, the ones that change and have different things
on them. It was on one of those ones, very bright,

(06:55):
and I thought to myself, it's actually not that funny.
But I feel like they could have worded it if
it had been funnier. It's too long. It goes on
too long. It should have been a little bit shorter.
To the point, that's my only criticism. I feel like
I'm qualified to make those sorts of commentations to work

(07:15):
and advertising in the previous life. I feel like I'm
lastly qualified.

Speaker 4 (07:22):
Right, let's talk about luck.

Speaker 3 (07:27):
I don't know why, other than the said that Marcus
was talking about it last night.

Speaker 8 (07:31):
Are some people luckier than others? I've never done a
night on luck, but I'm just curious to know if you,
yourself or members of your family have extraordinary luck. And
you always say, oh, that's old Ginger John always lucky,
or that's old Cerriah always wins every raffles she goes into.

(07:53):
So are you someone that's unbelievably lucky, or do you
know is that a thing? And what is that thing?
If it is a thing, why I'm not lucky. I'm
not unlucky, but I'm not lucky. I'm not someone that
everything I enter old one, I've probably won nothing. If
there is a raffle at a pub or at a

(08:15):
galar and they hand out those.

Speaker 4 (08:17):
Little books of tickets like four red.

Speaker 8 (08:19):
Hearts, I don't win those. They are not things I've won.
The only thing I've ever won, right, the only thing
I've ever won in my life I am l.

Speaker 4 (08:31):
Is at the local dairy.

Speaker 8 (08:33):
They had a at the local dairy, they had a
Rothman's promotion, and they had a barbecue that would fold
up like a briefcase. This must be nineteen seventy seven.
And if you guess how many packets of cigarettes are
in the barbecue, you won the barbecue, not the cigarettes.

(08:56):
All of this sounds daft, doesn't it. And I won
that barbecue, but I mainly won that barbecue, probably through
obsession and entering more times than probably anyone else. And
that's not really luck, is it. If it's a guess
the number of items in the jar that skill. So
you're not that lucky, but not unlucky. And I'm not

(09:19):
going to be here is I'm not going to be
I'm not going to be Nathan negative and just trying
to make out that I had a tough life because
I'm not unlucky, because I'm unlucky, because I'm not unlucky,
but I'm just not super lucky. And I think we
all know people that are super lucky that win everything
all the time.

Speaker 4 (09:36):
Do you know those people?

Speaker 8 (09:37):
Are you one of those people?

Speaker 3 (09:40):
I don't know how much skill there is involved in
guessing how many peckets of cigarettes there are hidden in
the barbecue, which sounds like the weirdest thing ever. It
sounds like something that would happen on a sitcom and
then they would accidentally fire up the barbecue and set
fire and all the cigarettes. I get what he's saying, Like,

(10:00):
when you're counting lollies in a jar, technically you could
sort of work it out because you know how big
the lollies are and how big the jar is, and
you can you're our formulas news to work out the
volume of the jar. But with the barbecue. You don't
know how other burners are still in there. What kind
of rack system are we dealing with? You know, is
it a grill plate or a hot plate? You know,

(10:23):
there's a lot of variables inside there. If you can't
see inside, you just don't know, do you. But to
his point, my mom is the luckiest person I know.
She's just constantly winning rappels constantly, to the point that
I think some people hold it against her at the
retirement village. Now he's like, how does she win it again?

(10:50):
And then that makes you an unlucky person at that point,
doesn't it? What he hates you?

Speaker 1 (10:53):
Because he wouldn't think all the time news talk zep
been right.

Speaker 3 (10:58):
Let's finish up here finding out a little bit more
about Matt Heath and the character of him. Obviously, I'm
really having trouble making sense for us is this today?
And his character? What sort of person is he?

Speaker 9 (11:12):
I do have an interesting story about noise control though.
I actually got called to Matt his house one time.

Speaker 1 (11:19):
Yes, yes, okay, with some tribudation, I'll invite you to
share that story.

Speaker 4 (11:27):
Nathan.

Speaker 9 (11:29):
So basically got a call somewhere in Mount Eden. I
showed up I showed up and it was just Matt
and three or four others standing in a dimly lip
at the back of his house with the ghetto blasts going.
I don't recall any any kind of like music crimes.

(11:51):
I think the music was fine.

Speaker 4 (11:52):
Like that's the main.

Speaker 9 (11:57):
And basically, when when you show up to a house
as noise control, you you got to give him a
piece of paper. You got to say, like, hey, you've
been noisy, your neighbors complained. Here's a piece of paper
saying I've been here and that you've you've you know,
you've received your warning. And there's a space there for
like name and address. And I said, I was like,
you know whose house is that? Okay?

Speaker 5 (12:18):
Cool?

Speaker 9 (12:18):
You would you like to And there's a spot at
the bottom to sign us see would you like to
sign this? And Matt said, uh no, thanks, Oh no,
you were totally fine. It's it's optional to sign it.
That's actually probably.

Speaker 5 (12:35):
Smart, well within your right, it's.

Speaker 9 (12:36):
Probably smart to not sign it because if you've if
you've been noisy and we had to come back, and
you know, like you can just take the piece paper
and say thanks and not put your name or anything
on it. That's totally fine. It's actually smart.

Speaker 2 (12:49):
Surprisingly Okay, good, did you take the ghetto blaster?

Speaker 9 (12:53):
No, we had no further call outs to that address
that night, so he was a good boy. He listens
to our warning and so wrapped it up. I guess
they went inside and at best to play video games
with each other.

Speaker 5 (13:07):
Yeah.

Speaker 4 (13:08):
Well, the it's good to hear Nathan that I'm a
great guy. Always suspected I was a great guy.

Speaker 3 (13:12):
So you know, that's an interesting story. But my question
and what makes me worry about Matte's character for hearing
that story, is not whether he's noisy or not, not
whether he can only attract three or four people to
a party, not that he only had a ghetto blaster
to play music with, although all those things are a

(13:36):
little bit questionable. It's that he appears to have no
recollection of this event whatsoever. I mean, I don't know
how many times you've had noise control around at your place,
but I remember that happening when what's happened to me?

(13:59):
Mostly the saying watch him, I would suggest that you
tune in and listen to him very carefully as you
and I'll probably play more of them tomorrow.

Speaker 1 (14:13):
See you then used Talking Talking zid bean for more
from US Talk sid B. Listen live on air or online,
and keep our shows with you wherever you go with
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