February 20, 2025 • 12 mins
FIRST WITH YESTERDAY'S NEWS (highlights from Thursday on Newstalk ZB) Even the Farmers Are Feeling It/Airline VS Airport/Get Off That Bloody Phone/Slam!
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Episode Transcript
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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 Used Talk SEDB Talk.
Speaker 2 (00:22):
Hello, my beautiful beanies, and welcome to the bean for Friday.
First of yesterday's news. I am Glen Hart, and we
are looking back at Thursday. Auckland Airport and Air New
Zealand not the same thing, but they sort of occupy
the same space, literally, and it's getting contentious as to
(00:43):
who should pay for that space. I think that's what's happening.
Should you be allowed to use your phone at work?
Interesting question? And why are car doors so loud? But
before any of that, yes, the ocr lowered Andrew Dickens
(01:07):
the other day seemed to be predicting that that might
not happen, or might not happen as much asbody thought
it was going to. I think he's going to mayor
culprit here.
Speaker 3 (01:18):
So yesterday on the show, I outlined the reasons why
the Reserve Bank might not cut interest rates or lower
them by zero point two five percent, and I got
that wrong because they chopped the rate by the expected
half a percent with immediate relief for mortgage holders. What
we try to do with the Reserve Bank is now
read behind the lines and figure out what they really
mean for us in our day to day life. And
we'd like to hear that in real language. So this
(01:39):
is what I think they're saying. They're saying times have
been tough, but you've been sitting on that couch for
fifteen years. You wanted to replace that couch five years ago,
but everything went so crazy that you called ty hoe
until times were better. The Reserve Bank then says, well,
times are better. Well, times actually are as good as
you're going to get anytime soon, So buy that couch
(01:59):
and please buy a New Zealand one. In this statement,
they admit there are future risks, but they promised to
keep a coose iron it. But we can't just sit
in our hands. We've got a bit of a furlough,
so let's get cracking. We can wait for us someone
to tell us what to do, like a government, but
that's not the new sealther way. We just need to
get out there and do it. We need to work
for every dollar we can find. We also need to
realize that the dollars we've got need to be in
(02:21):
the washing machine that is our monetary system. It helps
no one if you sit there cautiously. And I think
that's what the Reserve Bank is hoping for, that we
will loosen the strings around our purse book and spending
will increase as the year goes on, but not by
too much. Don't go crazy, just keep it all balanced. Meanwhile,
everyone's going to hope and pray that global conditions treat
(02:42):
us kindly.
Speaker 2 (02:42):
Would be awesome if the advice was to go crazy.
Everyone go crazy, spend that large, max out your cards,
spend all your money, oill your boots.
Speaker 4 (03:00):
There'll be a fun a couple of weeks news talk
ze bean.
Speaker 2 (03:04):
So there is just a bague, slight but promising feeling
that things might just hear maybe looking up. I mean,
if the farmers are staying with the optimistic.
Speaker 5 (03:17):
I remember that lovely man that rang in. Goodness, I
can't even remember how long ago he rang in who
was the first caller, and he spoke with such passion
and with such heartfelt pain about the despair so many
farmers felt as the result of being vilified for what
(03:39):
they did, for being on the receiving end of legislation
that made it nigh impossible to do their job. And
yet without them, we would be completely and utterly and
royally stuffed. But he was too He was too fearful
of saying what he did, Yeah, what do you do
(04:00):
for a crossmate?
Speaker 2 (04:01):
Oh?
Speaker 5 (04:02):
You know better this than that, rather than saying proudly
I'm a farmer and I've been a farmer for years,
and my dad was a farmer, and his mom and
dad before him. He just didn't feel he could say that.
He didn't have any confidence at all that it would
(04:24):
he would get a fair or civil reception, and that
prompted an avalanche of courts from those in the farming community,
young and old, who felt very much the same. So, yeah,
when they say it was at record lows, I heard it.
You heard it if you heard that show. Now they
(04:45):
say farmer confidence has risen to its highest level in
more than a decade. The latest farm Confidence survey shows
that falling interest rates, rising incomes, and more favorable farming
rules have played a major role in the improvement. And
they say that's a significant shift in the mood of
rural New Zealand. So thank heavens for that. Not before time.
(05:10):
Hopefully farmers can take a big, deep breath. You might
actually be getting some sleep at night and you can
look forward to the future with a little bit of confidence.
What other sectors are seeing that? Is it just farming?
Is tourism feeling the same kind of confidence, the same optimism.
(05:31):
I imagine for retailers, you might need to wait for
the flow and effect of lower mortgage interest rates, But
I'd be really interested to see where you are in
terms of your confidence, in terms of your belief that
things are getting better, and that things will be better
(05:55):
in the short term, within the next six months, that
things will be looking up. The farmers are feeling it,
They're feeling confident. They've seen what lower interest rates and
reasonable fair legislation can do. What about you?
Speaker 2 (06:12):
It's almost like these sorts of things cyclical. Sometimes things
are good, sometimes things are bad, and it just keeps
going around and around.
Speaker 6 (06:25):
Where have I heard that before?
Speaker 2 (06:28):
On the news talks I've been podcast Maybe right, So
in New Zealand made some money, not as much as
they wanted to make. I think just what the issue was,
and they certainly don't have any spear cash for airport upgrades,
even though the airport wants them to show out. Is
(06:49):
that what's happening?
Speaker 6 (06:50):
I don't know you've got two major companies not competing
with one another, both essentially monopolies, both making a profit
at each other's throats. Today's fight is basically about where
the any New Zealand is partly to blame for our
tourism numbers, which you know they haven't bounced back to
pre COVID levels. We all know this. We have right
now one point five million fewer seats on our domestic
(07:14):
network than we did in twenty nineteen. And you guessed it.
Fewer seats means well, airfes have gone up thirty percent
and Air New Zealand controls eighty four percent of the
domestic market. So according to the airport reading between the lines,
this is in New Zealand's fault. Basically it's a monopoly
and it must be pushing up prices right, But they
(07:35):
do have planes that can't fly right now. Remember the
engine issues. They've been grounded or they're getting fixed. We've
also had inflation, and isn't it a bit rich for
Auckland Airport, which is a monopoly because where else are
you're going to land a seven five seven in Auckland
to be throwing stones at glasshouses? About another monopoly a
little bit. I think the answer is yes. But the
(07:56):
difference is that Auckland Airport, because it's a monopoly, has
economic restrictions placed on it, so it basically doesn't get
too big for its boots right, and Air New Zealand's
domestic network, remember eighty four percent controlled by foreign does
not and that is what the airport has a problem with.
Still doesn't need, I don't think doesn't mean that it
(08:17):
needs pricing regulation. What we really need is more competition
in the market in our domestic airlines. Then we might
get some peace and quiet from the aviation industries bickering bitches.
Speaker 2 (08:30):
Either you were suggesting that we have another airport, the
competing airport would be quite get you know, planes up there,
all right, who's got the cheapest prices today? We'll go
to that airport. It's not really how it works. Is
it's not being so silly? Then okay, I'll let Matt
(08:54):
and Tyler be silly instead.
Speaker 4 (08:55):
It was a different time mark, but when I worked
at Sea Lords and Nelson and cell phones, it was
a different story. Back then. There was no Facebook or
anything like that. But if anyone got caught with a
cell phone in the factory instant dismissal. There was no
if some butts they've gone.
Speaker 7 (09:08):
Did you get in dismissal back then?
Speaker 4 (09:10):
Yep, yep, And the tuneover was quite high. You'd be
surprised how many people would be there on day one,
pull out the phone and see you later. You got it,
and then have someone else ready to go mark, Thank
you very much, mate.
Speaker 7 (09:20):
I'm going to respect that. Yeah, yeah, yeah.
Speaker 1 (09:22):
Well it was.
Speaker 4 (09:23):
I mean Sea lords knew it was high turn over
because they get a lot of travelers that would come
in to be on the conveyor bouse just putting the
fillets of fish down, and they'd be there even without phone.
Some of them will be there for about two hours
and say nah, not for me and just walk out.
Speaker 7 (09:36):
But you would have been gone so many times if
we were running those kind of rules there. Look, you
just tried to pick up your phone, then gone, buddy.
Speaker 4 (09:42):
If you look at that your highlighter, So I need
that highlight, the highlight important parts.
Speaker 7 (09:46):
Okay, discussion, Okay, this song was your highlighter. But if
you pick up your phone again, you're gone. But I
know that's one morning we're bringing Sea Lord rules.
Speaker 2 (09:55):
I was having a conversation with my daughter yesterday. Man,
it made me feel old because I was talking about
how dating back back in my day, and I sort
of realized as I was telling her that we didn't
even have cell phones back then, let alone the Internet,
(10:18):
so it wasn't like we were messaging each other beforehand.
And to organize the next date, you sort of had
to do that at the end of the date that
you were on, or you'd have to bring a landline
and hope that the person was there, or that somebody
was there who could be relied on to pass on
a message.
Speaker 6 (10:37):
I'd forgot, I'd sort of forgotten all that.
Speaker 2 (10:40):
Is it amazing? I mean, I'm old, don't look that old.
And yet when I was dating, no phones, no Internet,
and that's all changed justin in that time. No wonder
our brains are all.
Speaker 4 (10:59):
Exploding news talk?
Speaker 1 (11:02):
Has it been?
Speaker 2 (11:03):
One thing that hasn't changed though, is the sound of
a card? Or you can't shut that quietly? Can you?
Speaker 6 (11:10):
Uber driver next door? That is annoying?
Speaker 3 (11:12):
The opening and shutting of doors all times of day
and night. And let's face it, no one's ever learned
to shut a door quietly.
Speaker 4 (11:23):
What's with kids?
Speaker 3 (11:24):
They can never shut a car door.
Speaker 6 (11:25):
Can They mustn't have the.
Speaker 3 (11:28):
Leverage, never quite shuts properly.
Speaker 1 (11:38):
Go figure.
Speaker 2 (11:39):
It is strange, isn't it that they've never managed to
advance car door technology for it to be quieter a
soft closed card or They probably are some flash cars
that I don't know about that do do that. But
generally speaking, I mean I bought I bought a relatively
new car recently, not new, but it's not that old,
(12:00):
and yet it's doors it still make this that same
sort of car door noise when they close. I'd settle
for my kids just chatting in the front door quietly.
I don't understand why they have to slam that every time,
every time you'd be coming home middle of the night,
(12:21):
middle of the day when I'm asleep, and it's of
the neighbors and their cardles about your uber drivers. They
do an Airbnb out of their house. And don't get
me started. A grumpy old man signing out. I'm being
back with more grubbiness on Monday and a weekend edition
of Newstalk's head Bean.
Speaker 6 (12:40):
See you then, News Talking Talking zid Bean.
Speaker 1 (12:45):
For more from news Talk said 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 sed B.
Follow this and our wide range of podcasts now on
iHeartRadio Used Talk SEDB Talk.
Speaker 2 (00:22):
Hello, my beautiful beanies, and welcome to the bean for Friday.
First of yesterday's news. I am Glen Hart, and we
are looking back at Thursday. Auckland Airport and Air New
Zealand not the same thing, but they sort of occupy
the same space, literally, and it's getting contentious as to
(00:43):
who should pay for that space. I think that's what's happening.
Should you be allowed to use your phone at work?
Interesting question? And why are car doors so loud? But
before any of that, yes, the ocr lowered Andrew Dickens
(01:07):
the other day seemed to be predicting that that might
not happen, or might not happen as much asbody thought
it was going to. I think he's going to mayor
culprit here.
Speaker 3 (01:18):
So yesterday on the show, I outlined the reasons why
the Reserve Bank might not cut interest rates or lower
them by zero point two five percent, and I got
that wrong because they chopped the rate by the expected
half a percent with immediate relief for mortgage holders. What
we try to do with the Reserve Bank is now
read behind the lines and figure out what they really
mean for us in our day to day life. And
we'd like to hear that in real language. So this
(01:39):
is what I think they're saying. They're saying times have
been tough, but you've been sitting on that couch for
fifteen years. You wanted to replace that couch five years ago,
but everything went so crazy that you called ty hoe
until times were better. The Reserve Bank then says, well,
times are better. Well, times actually are as good as
you're going to get anytime soon, So buy that couch
(01:59):
and please buy a New Zealand one. In this statement,
they admit there are future risks, but they promised to
keep a coose iron it. But we can't just sit
in our hands. We've got a bit of a furlough,
so let's get cracking. We can wait for us someone
to tell us what to do, like a government, but
that's not the new sealther way. We just need to
get out there and do it. We need to work
for every dollar we can find. We also need to
realize that the dollars we've got need to be in
(02:21):
the washing machine that is our monetary system. It helps
no one if you sit there cautiously. And I think
that's what the Reserve Bank is hoping for, that we
will loosen the strings around our purse book and spending
will increase as the year goes on, but not by
too much. Don't go crazy, just keep it all balanced. Meanwhile,
everyone's going to hope and pray that global conditions treat
(02:42):
us kindly.
Speaker 2 (02:42):
Would be awesome if the advice was to go crazy.
Everyone go crazy, spend that large, max out your cards,
spend all your money, oill your boots.
Speaker 4 (03:00):
There'll be a fun a couple of weeks news talk
ze bean.
Speaker 2 (03:04):
So there is just a bague, slight but promising feeling
that things might just hear maybe looking up. I mean,
if the farmers are staying with the optimistic.
Speaker 5 (03:17):
I remember that lovely man that rang in. Goodness, I
can't even remember how long ago he rang in who
was the first caller, and he spoke with such passion
and with such heartfelt pain about the despair so many
farmers felt as the result of being vilified for what
(03:39):
they did, for being on the receiving end of legislation
that made it nigh impossible to do their job. And
yet without them, we would be completely and utterly and
royally stuffed. But he was too He was too fearful
of saying what he did, Yeah, what do you do
(04:00):
for a crossmate?
Speaker 2 (04:01):
Oh?
Speaker 5 (04:02):
You know better this than that, rather than saying proudly
I'm a farmer and I've been a farmer for years,
and my dad was a farmer, and his mom and
dad before him. He just didn't feel he could say that.
He didn't have any confidence at all that it would
(04:24):
he would get a fair or civil reception, and that
prompted an avalanche of courts from those in the farming community,
young and old, who felt very much the same. So, yeah,
when they say it was at record lows, I heard it.
You heard it if you heard that show. Now they
(04:45):
say farmer confidence has risen to its highest level in
more than a decade. The latest farm Confidence survey shows
that falling interest rates, rising incomes, and more favorable farming
rules have played a major role in the improvement. And
they say that's a significant shift in the mood of
rural New Zealand. So thank heavens for that. Not before time.
(05:10):
Hopefully farmers can take a big, deep breath. You might
actually be getting some sleep at night and you can
look forward to the future with a little bit of confidence.
What other sectors are seeing that? Is it just farming?
Is tourism feeling the same kind of confidence, the same optimism.
(05:31):
I imagine for retailers, you might need to wait for
the flow and effect of lower mortgage interest rates, But
I'd be really interested to see where you are in
terms of your confidence, in terms of your belief that
things are getting better, and that things will be better
(05:55):
in the short term, within the next six months, that
things will be looking up. The farmers are feeling it,
They're feeling confident. They've seen what lower interest rates and
reasonable fair legislation can do. What about you?
Speaker 2 (06:12):
It's almost like these sorts of things cyclical. Sometimes things
are good, sometimes things are bad, and it just keeps
going around and around.
Speaker 6 (06:25):
Where have I heard that before?
Speaker 2 (06:28):
On the news talks I've been podcast Maybe right, So
in New Zealand made some money, not as much as
they wanted to make. I think just what the issue was,
and they certainly don't have any spear cash for airport upgrades,
even though the airport wants them to show out. Is
(06:49):
that what's happening?
Speaker 6 (06:50):
I don't know you've got two major companies not competing
with one another, both essentially monopolies, both making a profit
at each other's throats. Today's fight is basically about where
the any New Zealand is partly to blame for our
tourism numbers, which you know they haven't bounced back to
pre COVID levels. We all know this. We have right
now one point five million fewer seats on our domestic
(07:14):
network than we did in twenty nineteen. And you guessed it.
Fewer seats means well, airfes have gone up thirty percent
and Air New Zealand controls eighty four percent of the
domestic market. So according to the airport reading between the lines,
this is in New Zealand's fault. Basically it's a monopoly
and it must be pushing up prices right, But they
(07:35):
do have planes that can't fly right now. Remember the
engine issues. They've been grounded or they're getting fixed. We've
also had inflation, and isn't it a bit rich for
Auckland Airport, which is a monopoly because where else are
you're going to land a seven five seven in Auckland
to be throwing stones at glasshouses? About another monopoly a
little bit. I think the answer is yes. But the
(07:56):
difference is that Auckland Airport, because it's a monopoly, has
economic restrictions placed on it, so it basically doesn't get
too big for its boots right, and Air New Zealand's
domestic network, remember eighty four percent controlled by foreign does
not and that is what the airport has a problem with.
Still doesn't need, I don't think doesn't mean that it
(08:17):
needs pricing regulation. What we really need is more competition
in the market in our domestic airlines. Then we might
get some peace and quiet from the aviation industries bickering bitches.
Speaker 2 (08:30):
Either you were suggesting that we have another airport, the
competing airport would be quite get you know, planes up there,
all right, who's got the cheapest prices today? We'll go
to that airport. It's not really how it works. Is
it's not being so silly? Then okay, I'll let Matt
(08:54):
and Tyler be silly instead.
Speaker 4 (08:55):
It was a different time mark, but when I worked
at Sea Lords and Nelson and cell phones, it was
a different story. Back then. There was no Facebook or
anything like that. But if anyone got caught with a
cell phone in the factory instant dismissal. There was no
if some butts they've gone.
Speaker 7 (09:08):
Did you get in dismissal back then?
Speaker 4 (09:10):
Yep, yep, And the tuneover was quite high. You'd be
surprised how many people would be there on day one,
pull out the phone and see you later. You got it,
and then have someone else ready to go mark, Thank
you very much, mate.
Speaker 7 (09:20):
I'm going to respect that. Yeah, yeah, yeah.
Speaker 1 (09:22):
Well it was.
Speaker 4 (09:23):
I mean Sea lords knew it was high turn over
because they get a lot of travelers that would come
in to be on the conveyor bouse just putting the
fillets of fish down, and they'd be there even without phone.
Some of them will be there for about two hours
and say nah, not for me and just walk out.
Speaker 7 (09:36):
But you would have been gone so many times if
we were running those kind of rules there. Look, you
just tried to pick up your phone, then gone, buddy.
Speaker 4 (09:42):
If you look at that your highlighter, So I need
that highlight, the highlight important parts.
Speaker 7 (09:46):
Okay, discussion, Okay, this song was your highlighter. But if
you pick up your phone again, you're gone. But I
know that's one morning we're bringing Sea Lord rules.
Speaker 2 (09:55):
I was having a conversation with my daughter yesterday. Man,
it made me feel old because I was talking about
how dating back back in my day, and I sort
of realized as I was telling her that we didn't
even have cell phones back then, let alone the Internet,
(10:18):
so it wasn't like we were messaging each other beforehand.
And to organize the next date, you sort of had
to do that at the end of the date that
you were on, or you'd have to bring a landline
and hope that the person was there, or that somebody
was there who could be relied on to pass on
a message.
Speaker 6 (10:37):
I'd forgot, I'd sort of forgotten all that.
Speaker 2 (10:40):
Is it amazing? I mean, I'm old, don't look that old.
And yet when I was dating, no phones, no Internet,
and that's all changed justin in that time. No wonder
our brains are all.
Speaker 4 (10:59):
Exploding news talk?
Speaker 1 (11:02):
Has it been?
Speaker 2 (11:03):
One thing that hasn't changed though, is the sound of
a card? Or you can't shut that quietly? Can you?
Speaker 6 (11:10):
Uber driver next door? That is annoying?
Speaker 3 (11:12):
The opening and shutting of doors all times of day
and night. And let's face it, no one's ever learned
to shut a door quietly.
Speaker 4 (11:23):
What's with kids?
Speaker 3 (11:24):
They can never shut a car door.
Speaker 6 (11:25):
Can They mustn't have the.
Speaker 3 (11:28):
Leverage, never quite shuts properly.
Speaker 1 (11:38):
Go figure.
Speaker 2 (11:39):
It is strange, isn't it that they've never managed to
advance car door technology for it to be quieter a
soft closed card or They probably are some flash cars
that I don't know about that do do that. But
generally speaking, I mean I bought I bought a relatively
new car recently, not new, but it's not that old,
(12:00):
and yet it's doors it still make this that same
sort of car door noise when they close. I'd settle
for my kids just chatting in the front door quietly.
I don't understand why they have to slam that every time,
every time you'd be coming home middle of the night,
(12:21):
middle of the day when I'm asleep, and it's of
the neighbors and their cardles about your uber drivers. They
do an Airbnb out of their house. And don't get
me started. A grumpy old man signing out. I'm being
back with more grubbiness on Monday and a weekend edition
of Newstalk's head Bean.
Speaker 6 (12:40):
See you then, News Talking Talking zid Bean.
Speaker 1 (12:45):
For more from news Talk said 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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