March 6, 2025 • 11 mins
FIRST WITH YESTERDAY'S NEWS (highlights from Thursday on Newstalk ZB) Some Jobs Are Just Really Hard, I Guess/Then You Can Even Stuff Up the Easy Ones/Are These Black Caps the Best Ever?
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Speaker 1 (00:09):
You're listening to a podcast from news Talk, said b
follow this and our wide range of podcasts now on iHeartRadio.
Speaker 2 (00:19):
Used Talk said, be you Talk said, Hello.
Speaker 3 (00:22):
My beautiful beanies, and welcome to the Bean for Friday.
First with yesterday's news, I am Glenn Hart and we
are looking back at Thursday. It's really resignation week, isn't it.
Although I guess Phil Goff really got sacked me I think,
But we'll have more on that shortly. The black Cats
they've resigned themselves to being one of the best cricket
(00:43):
teams in the world, so good on them. But yes,
speaking of resignations, Adrian or of course rage quit. Apparently
this is a term that is being bandied about plenty.
Speaker 4 (00:58):
So if I have one criticism of Adrian Orr, well, no,
I've got two. One is a little bit woky, and
you'll hear about that as the day goes on. Some
of ustuff. There's a battle happening about his funding. But
the other one I have is his lack of confidence
in New Zealanders. When the pandemic started. He made money
virtually free, believing the economy would collapse, but it didn't
(01:19):
because New Zealanders found a way, and the flood of
money fueled the fire of inflation, combined with a government
that was drunk on spending. And then when inflation rage,
he reacted in an orthodox way by raising the interest rates.
But I don't think he figured on a government that
had then turned the government spending tap off, turning his
(01:39):
big stick for the economy into a sledgehammer. Our macroeconomic
policies have reel from feast to famine over the past
five years. We'll like some drunks stumbling down the street,
and it's certainly time for some stability and some conservative
policies and to worry about the dollars and cents and
nothing else. So Adrian, after getting our ship headed towards
(02:02):
the stable path, has called it a day. And I
wish him and his family all the best, and I
hope he enjoys the piece in quiet. And I hope
I never hear his name again.
Speaker 2 (02:12):
Oh that's going to be hard to hear.
Speaker 3 (02:15):
I'm not sure if he was up between five and
sex yesterday morning listening to Andrew Dickens. But yeah, it's
always hard to hear that.
Speaker 2 (02:24):
Somebody never wants to hear your name again. News talk
has it been. I mean, I assume it is.
Speaker 3 (02:31):
I don't think anybody's a visit been about me.
Speaker 2 (02:35):
I hope they haven't.
Speaker 3 (02:36):
Maybe they have, and I just didn't get up between
five and six to hear it.
Speaker 2 (02:43):
Mind you, I think there was a fairly.
Speaker 3 (02:47):
Similar thing throughout the day Carrie would have.
Speaker 5 (02:50):
Of course, the worst thing about the mess that's been
left behind is that people are not criticizing him with
the benefit of hindsight, even as he was making the
decisions at the time. You might recall we had people
ringing into this show saying this is going to cost us.
It's too much. He's going too hard.
Speaker 2 (03:14):
You know.
Speaker 5 (03:15):
There were people ringing in almost immediately saying we're going
to pay for this, and we're going to be paying
for a very long time. There's going to be hell
to bay along with ten billion dollars. And they were right,
and they were calling it at the time as a
result of decisions made by Adrianaur and let's not forget
(03:37):
Grant Robinson. They were yoked together in tandem making those decisions.
A lot of ki we suffered interest rate increases in
response to post pandemic inflation pushed the country into a
recession and unemployment increased sharply. These are the words of
(03:59):
Paul Bloxham from the HSBC, who talked about the rockstar
economy a million years ago when New Zealand used to
have good economy, he said, across the developed world, HSBC's
estimates suggest New Zealand's economy had the largest contraction in
GDP in twenty twenty four as a result of those decisions.
(04:23):
And it's the real people with families and jobs and
bills to pay that suffered as a result of the
poor decision making from the Reserve Bank governor. It's hard
to find anyone who's sorry that Adrianora is gone.
Speaker 2 (04:39):
Yeah, that's what I was sort of just saying.
Speaker 3 (04:44):
I just can't resist playing Dividen's advocate and just remind
people that he doesn't make these decisions in isolation on
his own. There are a bunch of people there, although
apparently this was part of the problem, was just a
never increasing number of people at the Reserve Bank, and
it was tussing.
Speaker 2 (05:04):
A lot of money 's talk side.
Speaker 3 (05:07):
So yeah, I mean it's really stacking up. So aby
no all has gone. Richard Prebble quite the white tonguey
Drew tribunal and Phil Goff got himself into trouble.
Speaker 6 (05:18):
He's a nice position for you to see out the
rest of your days and you know, and fine luxury
and good pay and good honor and you go and
cock it up.
Speaker 7 (05:27):
It just didn't need to say that, No, just kick
giving our shut and you know, yeah, someone puts that
up on X Yeah jd Vance sees it. Boom it
has a word to Trumpy. Two thousand percent tariffs on
New Zealand meat imports. So they're currently our second biggest
trading you know, exports to America just a below China
(05:49):
isn't a number two, aren't they at the moment. Yeah,
we're exploring a lot of red meat there. So I
don't know, I don't know if that was a great
idea Phil Golf.
Speaker 6 (05:57):
Well, it certainly wasn't because he's gone now and the
Goldburger and Winston Peters, I mean, he is a man
that plays the game, so I think wise for Winston
Peters to say, pel you right royally stuffed up there
got to go.
Speaker 7 (06:08):
I mean I've been to the digs they've got over
there in London for the New Zealand Ambassador and you know,
New Zealand house over there.
Speaker 2 (06:16):
It's pretty flash. It's good time.
Speaker 7 (06:17):
Yeah, it's a good little job at the end of
your career.
Speaker 6 (06:19):
Wasn't Mallard's He got the Irish Commissioner gig didn't he?
I think he did? But again, plumb positions, So Phil God,
come on man.
Speaker 2 (06:27):
Yep, that's what I always say.
Speaker 3 (06:29):
Don't have any opinions or express them if you've got
a cool job, and that's how life's supposed to work.
Speaker 2 (06:40):
To be honest, that's pretty dumb.
Speaker 3 (06:47):
And then, just so, just to add to the list
of people who have decided to peck it all in,
you've got Greg Forran talk about resignation week. Bizarre, isn't it?
In all seriousness?
Speaker 8 (07:00):
Though, if you think about this for a minute, we've
had a lot of resignations over the last couple of days.
Let's think from an about for and about Asia. And
they both have high profile jobs. They are both hugely
important to our country and to our economy. The Reserve
Bank governor is obviously more important because it affects more
people and when it goes south, it cuts all of
(07:22):
us and can cut us quite deeply, as we have
discovered with airlines, planes break down, flights get canceled, the
affairs go up, COVID comes along, borders get closed overnight.
That is a bloody hard job too, So they're both
hard jobs done by two reasonably smart chief executives. The
difference between them as public leaders, though, is stark. Foreign
(07:46):
has always fronted no matter how bad the news, the delays,
the cancelations, the cock ups. He would be there bright,
nearly in the morning for a television interview.
Speaker 2 (07:56):
He knew the.
Speaker 8 (07:57):
Issues, he answered reasonably well most of the time, and
he was always pretty even tempered. Adrian Or initially did
interviews quite freely. When the going got tough, though he
cut back on the and the frequency often combative. In
these interviews, some have did say smami, some did say arrogant,
rub people the wrong way. So neither of these men
(08:18):
had easy jobs, and neither will be loved. But I
suppose there's a way to not be hated, and I
don't think Foreign will be.
Speaker 3 (08:28):
It's funny when you're sort of in the media, or
at least media adjacent, as I am, you you feel
a bit responsible sometimes when people will find it all
a bit hard and wander off because I gave four
and a hard time on air.
Speaker 2 (08:46):
Last week, last week or the week before, because you know,
he was trying to blame.
Speaker 3 (08:56):
The no new planes and the not enough new engines,
the maintenance issues basically on the planes being laid all
the time, which of course is completely flawed logic because
that just doesn't just suddenly happen, and they shouldn't chieved
your flight so that they can't, dude. That was my
reasoning there, and then like almost as a the re
(09:17):
response there, he's immediately.
Speaker 2 (09:18):
Resigned because of what I said, is that what happens
seems like it.
Speaker 1 (09:24):
News talk has it been so?
Speaker 3 (09:26):
Yeah, turbulent times in New Zealand and the world, but
there's one thing that's delivering and that thing is the
Black Caps.
Speaker 9 (09:37):
But I was very excited to wake up this morning
and see that we won the cricket handsomely. It generally
feels like a golden age of cricket, doesn't it. So
that was awesome. So looking forward to the final of
that one, but extremely excited because I couldn't see the
story of it. They're cheapest creepers.
Speaker 8 (09:56):
Where is it?
Speaker 9 (09:57):
I thought we must have lost. I couldn't see it
on the front page of the website. But anyway, went
to sport and they saw it, so that was very
kind of glad and stapped to watch because would have
been grumpy today. But anyway, and very your heart that
that's happened. So yes, the golden age of cricket and
(10:18):
three different codes something jeep at Creepers twenty twenty one
day and the tests so we get more bang for
our bucket. We're better at it than we've ever been before.
That would be my suggestion. I'd imagine in video games
you could actually put this team against one of the
other teams and see how they compete. But I think
they do very very well.
Speaker 3 (10:32):
Marcus knows that you can like literally set up alerts
on your phone the sports teams that you follow, so
literally the first thing you see when you look at
your phone as the.
Speaker 2 (10:42):
Result of whatever game that you're in district is it
does Marcus have a phone? So end of wonder about that.
Speaker 3 (10:49):
I am a Glenn Hart. Thank you for letting me
into your phone if that's what you're listening to this
on or whatever device you might be using, and I'll
enable my way in there again. On Monday with a weekend,
Advicu of Newthork said Bean.
Speaker 2 (11:04):
See you then Talkers Talking Said Bean. For more from
Speaker 1 (11:10):
Newstalk 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, said b
follow this and our wide range of podcasts now on iHeartRadio.
Speaker 2 (00:19):
Used Talk said, be you Talk said, Hello.
Speaker 3 (00:22):
My beautiful beanies, and welcome to the Bean for Friday.
First with yesterday's news, I am Glenn Hart and we
are looking back at Thursday. It's really resignation week, isn't it.
Although I guess Phil Goff really got sacked me I think,
But we'll have more on that shortly. The black Cats
they've resigned themselves to being one of the best cricket
(00:43):
teams in the world, so good on them. But yes,
speaking of resignations, Adrian or of course rage quit. Apparently
this is a term that is being bandied about plenty.
Speaker 4 (00:58):
So if I have one criticism of Adrian Orr, well, no,
I've got two. One is a little bit woky, and
you'll hear about that as the day goes on. Some
of ustuff. There's a battle happening about his funding. But
the other one I have is his lack of confidence
in New Zealanders. When the pandemic started. He made money
virtually free, believing the economy would collapse, but it didn't
(01:19):
because New Zealanders found a way, and the flood of
money fueled the fire of inflation, combined with a government
that was drunk on spending. And then when inflation rage,
he reacted in an orthodox way by raising the interest rates.
But I don't think he figured on a government that
had then turned the government spending tap off, turning his
(01:39):
big stick for the economy into a sledgehammer. Our macroeconomic
policies have reel from feast to famine over the past
five years. We'll like some drunks stumbling down the street,
and it's certainly time for some stability and some conservative
policies and to worry about the dollars and cents and
nothing else. So Adrian, after getting our ship headed towards
(02:02):
the stable path, has called it a day. And I
wish him and his family all the best, and I
hope he enjoys the piece in quiet. And I hope
I never hear his name again.
Speaker 2 (02:12):
Oh that's going to be hard to hear.
Speaker 3 (02:15):
I'm not sure if he was up between five and
sex yesterday morning listening to Andrew Dickens. But yeah, it's
always hard to hear that.
Speaker 2 (02:24):
Somebody never wants to hear your name again. News talk
has it been. I mean, I assume it is.
Speaker 3 (02:31):
I don't think anybody's a visit been about me.
Speaker 2 (02:35):
I hope they haven't.
Speaker 3 (02:36):
Maybe they have, and I just didn't get up between
five and six to hear it.
Speaker 2 (02:43):
Mind you, I think there was a fairly.
Speaker 3 (02:47):
Similar thing throughout the day Carrie would have.
Speaker 5 (02:50):
Of course, the worst thing about the mess that's been
left behind is that people are not criticizing him with
the benefit of hindsight, even as he was making the
decisions at the time. You might recall we had people
ringing into this show saying this is going to cost us.
It's too much. He's going too hard.
Speaker 2 (03:14):
You know.
Speaker 5 (03:15):
There were people ringing in almost immediately saying we're going
to pay for this, and we're going to be paying
for a very long time. There's going to be hell
to bay along with ten billion dollars. And they were right,
and they were calling it at the time as a
result of decisions made by Adrianaur and let's not forget
(03:37):
Grant Robinson. They were yoked together in tandem making those decisions.
A lot of ki we suffered interest rate increases in
response to post pandemic inflation pushed the country into a
recession and unemployment increased sharply. These are the words of
(03:59):
Paul Bloxham from the HSBC, who talked about the rockstar
economy a million years ago when New Zealand used to
have good economy, he said, across the developed world, HSBC's
estimates suggest New Zealand's economy had the largest contraction in
GDP in twenty twenty four as a result of those decisions.
(04:23):
And it's the real people with families and jobs and
bills to pay that suffered as a result of the
poor decision making from the Reserve Bank governor. It's hard
to find anyone who's sorry that Adrianora is gone.
Speaker 2 (04:39):
Yeah, that's what I was sort of just saying.
Speaker 3 (04:44):
I just can't resist playing Dividen's advocate and just remind
people that he doesn't make these decisions in isolation on
his own. There are a bunch of people there, although
apparently this was part of the problem, was just a
never increasing number of people at the Reserve Bank, and
it was tussing.
Speaker 2 (05:04):
A lot of money 's talk side.
Speaker 3 (05:07):
So yeah, I mean it's really stacking up. So aby
no all has gone. Richard Prebble quite the white tonguey
Drew tribunal and Phil Goff got himself into trouble.
Speaker 6 (05:18):
He's a nice position for you to see out the
rest of your days and you know, and fine luxury
and good pay and good honor and you go and
cock it up.
Speaker 7 (05:27):
It just didn't need to say that, No, just kick
giving our shut and you know, yeah, someone puts that
up on X Yeah jd Vance sees it. Boom it
has a word to Trumpy. Two thousand percent tariffs on
New Zealand meat imports. So they're currently our second biggest
trading you know, exports to America just a below China
(05:49):
isn't a number two, aren't they at the moment. Yeah,
we're exploring a lot of red meat there. So I
don't know, I don't know if that was a great
idea Phil Golf.
Speaker 6 (05:57):
Well, it certainly wasn't because he's gone now and the
Goldburger and Winston Peters, I mean, he is a man
that plays the game, so I think wise for Winston
Peters to say, pel you right royally stuffed up there
got to go.
Speaker 7 (06:08):
I mean I've been to the digs they've got over
there in London for the New Zealand Ambassador and you know,
New Zealand house over there.
Speaker 2 (06:16):
It's pretty flash. It's good time.
Speaker 7 (06:17):
Yeah, it's a good little job at the end of
your career.
Speaker 6 (06:19):
Wasn't Mallard's He got the Irish Commissioner gig didn't he?
I think he did? But again, plumb positions, So Phil God,
come on man.
Speaker 2 (06:27):
Yep, that's what I always say.
Speaker 3 (06:29):
Don't have any opinions or express them if you've got
a cool job, and that's how life's supposed to work.
Speaker 2 (06:40):
To be honest, that's pretty dumb.
Speaker 3 (06:47):
And then, just so, just to add to the list
of people who have decided to peck it all in,
you've got Greg Forran talk about resignation week. Bizarre, isn't it?
In all seriousness?
Speaker 8 (07:00):
Though, if you think about this for a minute, we've
had a lot of resignations over the last couple of days.
Let's think from an about for and about Asia. And
they both have high profile jobs. They are both hugely
important to our country and to our economy. The Reserve
Bank governor is obviously more important because it affects more
people and when it goes south, it cuts all of
(07:22):
us and can cut us quite deeply, as we have
discovered with airlines, planes break down, flights get canceled, the
affairs go up, COVID comes along, borders get closed overnight.
That is a bloody hard job too, So they're both
hard jobs done by two reasonably smart chief executives. The
difference between them as public leaders, though, is stark. Foreign
(07:46):
has always fronted no matter how bad the news, the delays,
the cancelations, the cock ups. He would be there bright,
nearly in the morning for a television interview.
Speaker 2 (07:56):
He knew the.
Speaker 8 (07:57):
Issues, he answered reasonably well most of the time, and
he was always pretty even tempered. Adrian Or initially did
interviews quite freely. When the going got tough, though he
cut back on the and the frequency often combative. In
these interviews, some have did say smami, some did say arrogant,
rub people the wrong way. So neither of these men
(08:18):
had easy jobs, and neither will be loved. But I
suppose there's a way to not be hated, and I
don't think Foreign will be.
Speaker 3 (08:28):
It's funny when you're sort of in the media, or
at least media adjacent, as I am, you you feel
a bit responsible sometimes when people will find it all
a bit hard and wander off because I gave four
and a hard time on air.
Speaker 2 (08:46):
Last week, last week or the week before, because you know,
he was trying to blame.
Speaker 3 (08:56):
The no new planes and the not enough new engines,
the maintenance issues basically on the planes being laid all
the time, which of course is completely flawed logic because
that just doesn't just suddenly happen, and they shouldn't chieved
your flight so that they can't, dude. That was my
reasoning there, and then like almost as a the re
(09:17):
response there, he's immediately.
Speaker 2 (09:18):
Resigned because of what I said, is that what happens
seems like it.
Speaker 1 (09:24):
News talk has it been so?
Speaker 3 (09:26):
Yeah, turbulent times in New Zealand and the world, but
there's one thing that's delivering and that thing is the
Black Caps.
Speaker 9 (09:37):
But I was very excited to wake up this morning
and see that we won the cricket handsomely. It generally
feels like a golden age of cricket, doesn't it. So
that was awesome. So looking forward to the final of
that one, but extremely excited because I couldn't see the
story of it. They're cheapest creepers.
Speaker 8 (09:56):
Where is it?
Speaker 9 (09:57):
I thought we must have lost. I couldn't see it
on the front page of the website. But anyway, went
to sport and they saw it, so that was very
kind of glad and stapped to watch because would have
been grumpy today. But anyway, and very your heart that
that's happened. So yes, the golden age of cricket and
(10:18):
three different codes something jeep at Creepers twenty twenty one
day and the tests so we get more bang for
our bucket. We're better at it than we've ever been before.
That would be my suggestion. I'd imagine in video games
you could actually put this team against one of the
other teams and see how they compete. But I think
they do very very well.
Speaker 3 (10:32):
Marcus knows that you can like literally set up alerts
on your phone the sports teams that you follow, so
literally the first thing you see when you look at
your phone as the.
Speaker 2 (10:42):
Result of whatever game that you're in district is it
does Marcus have a phone? So end of wonder about that.
Speaker 3 (10:49):
I am a Glenn Hart. Thank you for letting me
into your phone if that's what you're listening to this
on or whatever device you might be using, and I'll
enable my way in there again. On Monday with a weekend,
Advicu of Newthork said Bean.
Speaker 2 (11:04):
See you then Talkers Talking Said Bean. For more from
Speaker 1 (11:10):
Newstalk 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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