March 12, 2025 • 12 mins
FIRST WITH YESTERDAY'S NEWS (highlights from Wednesday on Newstalk ZB) Who Cares?/Do YouWant It Cheap? Or Good?/Is Now a Good Time to Buy?/You Gotta Have Heart/Put It Away
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Episode Transcript
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Speaker 1 (00:09):
You're listening to a podcast from news Talk, said Bee,
follow this and our wide range of podcasts now on iHeartRadio.
Used Talk said, be you Talk said, Oh, I'm.
Speaker 2 (00:23):
My beautiful beanies, and welcome to the beans for Thursday,
first of yesterday's news. I am Glen Hart, and we
are looking back at Wednesday.
Speaker 3 (00:30):
Now.
Speaker 2 (00:30):
The government's coming for your stuff, your house, your backyard.
I don't know what they're coming for. What does procurement
even mean? We'll find out. So it might make home
ownership meaningless. Mind it probably not. It's probably got nothing
to do with it. Anyway.
Speaker 3 (00:46):
We'll be talking about that as well. The man with
the titanium heart and running without a shirt on what's
that about? There's a lot of what's that about?
Speaker 2 (00:55):
Kind of a field to yesterday, Yesterday being Wednesday, or
as Marcus calls.
Speaker 4 (01:01):
It, Wednesday, hump day. Greetings, welcome Marcus till twelve. How
are you? What's happening? When did they come up with
a word hump day? It doesn't feel like it's been
around forever.
Speaker 3 (01:09):
It feels like it's been around for twenty years. Wonder
when that came up.
Speaker 4 (01:14):
First use of the word hump day, hump day, hump day.
Speaker 3 (01:20):
I felt quite smart first using and I felt was
about two thousand and four. You know, I've got the
derivation of the word hump day. Anyway, set the most
random bit of Marcus audio. We have a point in
a podcast.
Speaker 2 (01:34):
I mean, it's a hotly contested competition, that isn't it.
It was right up there, you know, really, I think
most people's response to that question was posing there where.
Speaker 3 (01:49):
The phrase hump bag came from. I think most people
would say, who.
Speaker 1 (01:52):
Cares news talk?
Speaker 5 (01:55):
Has it been?
Speaker 1 (01:56):
So?
Speaker 3 (01:56):
Why did I put it in the podcasts? Funny right now?
Speaker 2 (02:03):
Government procurement, apparently this is all being kick ass track,
no more dicking around.
Speaker 3 (02:11):
It's going to be fricking fast. Certainly won't be lame o.
He's developing quite the list of key phrases. And it
isn't the old old strap the barnacles off, laxing. You'll
come for the rolling thunder anyway. The rolling thunder will
mean that.
Speaker 2 (02:30):
When infrastructure projects need to happen, look out, here comes
the government.
Speaker 6 (02:36):
But a company that gets worked with the government probably
does work for other people too, doesn't it, and has
staff working on other things other than the government work.
So this requirement to pay a living wage probably has
quite a significant impact across the whole business, across a
whole business, and it's probably enough to put some of
the smaller businesses off going for government contracts. You can
(02:59):
tell that Nichola Willis is taking to her new Wish
job as Minister for Economic Growth with relish because one
factor she wants the government to consider when awarding contracts
is what's called the economic benefit test. So the government
this is brilliant. The government will look at contract bids
from companies and sole traders and one of the things
(03:20):
that it will base its decision on in terms of
who to go with is who would provide the most
economic benefit to New Zealand. And this brings us to
the nub of this morning's conversation profit versus patriotism, because
it would under this way of operating, the government would
(03:41):
sign a potentially more expensive contract with a local company
for the reason that it would deliver more economic benefit
to the country, more local workers getting work, more work
for local subbe's and the profits staying in New Zealand,
as opposed to a cheaper contract with a foreign outfit
that might bring its own workers into the country. And
(04:02):
would certainly take its profits overseas. So for me, patriotism
wins hands down over profit. But as a taxpayer yourself,
how do you feel about it? Do you want the
government signing the cheapest contracts possible or are you happy
to pay a little bit more to give local outputs
more work.
Speaker 2 (04:22):
Those of discussions always remind me about what they used
to say about the America putting the first man on
the moon. And I'm not sure if it was Neil
Armstrong or one of the buzz organ one of the
astronauts realizing as they were trying to get there that
(04:46):
this thing had been.
Speaker 3 (04:49):
Built by whoever put in the cheapest tender. Probably.
Speaker 2 (04:57):
Yeah, it's not really the best way to go about things,
is it, Because often.
Speaker 3 (05:04):
It's slightly more.
Speaker 2 (05:05):
Expensive that better change shaves your money in the long run.
Speaker 1 (05:11):
US talk sibby.
Speaker 2 (05:12):
Now it's now the best time to buy a house,
seller house or not?
Speaker 3 (05:19):
What's the state of home ownership in New Zealand? Right now?
Here's Andrew Dickins.
Speaker 7 (05:22):
Playing a house at the moment is no longer the
path to automatic capital gain? Question is how long will
it last? Anyway, face with the fact that it's just
three point four percent of house inflation. House owners are
more likely to stay put. And you remember, back in
the old normal, churn was the name of the game.
You'd often buy and sell a lot to climb up
through the property ladder. I went through five houses in
(05:43):
five years to get to a better place. In today's climate,
you're more likely to stay in any house you own
because a bird in the hand is with two in
the bush. And you want some stability, because stability and
security is now the new normal. So this is why
we've got more stock. And this, you have to say,
is more in line with overseas models, where people stay
in their houses for longer, accepting the limitations of the
(06:05):
market and building a day to day life they can
count on. Now in New Zealand, we've been through boom
and bust periods before, and prices have always come back.
It's sort of like, oh that they always come back.
It'll come back, mate, But what if they don't? Is
that such a bad thing. People have often said that
our property fixation has been at the expense of real
(06:26):
productivity growth. Anyway, what will happen next is anyone's guest.
But I'll tell you something else. The bank pointed out
something that I got worried about. Immigration levels are staying
stubbornly low after booming right after the pandemic. We are
not an attractive destination, and maybe that's because of the
image we're presented of ourselves as a basketplace economy. So look, anyway,
(06:48):
maybe the housing crisis is over, maybe we're going to
have a stable economy. But I'll tell you one thing.
It's not a get rich quick paradise anymore right now,
but it is a nice place to live.
Speaker 2 (06:57):
I really hope division manager heard that. I'm sure that
she did. I'm not sure that how keenly she listens
to Early Edition between five and six every morning.
Speaker 3 (07:12):
I mean most people should be, of course, but.
Speaker 2 (07:17):
We've got an injured dog to look after at the moment,
so she might be a bit tight.
Speaker 3 (07:20):
But anyway, because she's.
Speaker 2 (07:24):
Determined that we were at the stage of our lives
where we need some kind of an investment property, and.
Speaker 3 (07:30):
I feel like that just sounds like a hassle. But
I wouldn't dare say that.
Speaker 2 (07:37):
If you're not actually going to make that much money
out of it, then maybe that's a good reason not
to do it. Don't be so negative gled to stop
finding reasons not to do things.
Speaker 3 (07:47):
Okay, so this is an interesting one.
Speaker 2 (07:51):
Ryan Bridge decided to dedicate a couple of minutes of
his show yesterday on the On the Drive show Who
the men in Australia who had the titanium heart.
Speaker 8 (07:59):
He needed a heart transplant. They didn't have the heart
to transplant into him. So in the meantime, scientists and
doctor and medical professionals over the last twenty years have
been working to perfect this titanium heart, a levitating titanium heart,
and they managed to put this artificial heart into the
(08:20):
man and he lasted on this artificial heart long enough
for the heart transplant to take place, which it did
earlier this month, and it's just been made public over
in Australia. The design of this titanium heart was originally
done by young Queenslander twenty years ago. Daniel Tims is
his name. He invented it and what an incredible story.
(08:44):
The man apparently could not feel the heart inside of
his chest, the artificial heart inside of his chest. He
was able to walk down the street. He got an
uber home from the hospital. He went shopping in the
month before he received his donated heart. What an incredible achievement.
He basically survived from November to February with the fake heart,
(09:09):
or really with no heart, with no real heart, and
now he has a transplant and he is alive to
tell the story to his kids.
Speaker 2 (09:19):
So good to know that that's the way you test
if your major life saving operation has worked.
Speaker 3 (09:30):
You catch an uber home. I would have thought that
a lot of that depends on the uber driver. It
seems a lot of pressure on them. But anyway us
talk ze.
Speaker 2 (09:44):
Been Now, if you want to avoid heart problems, maybe
you should take up running.
Speaker 3 (09:50):
But please keep your shirt onlready do it now, I've
got a question for you.
Speaker 5 (09:53):
Yes, And I know you've been doing a lot of
running lately, yeah, which is phenomenal. So I've tried to
get into a bit of running myself, not to your level,
I've got to say, mad and I'm smashed it.
Speaker 4 (10:03):
I smashed out a casual twenty k on Saturday morning.
Speaker 3 (10:06):
Casual twenty k.
Speaker 5 (10:06):
Yeah, listen to it.
Speaker 3 (10:07):
Well done, mate.
Speaker 5 (10:08):
But I've been trying to do a bit of jogging.
But what I've noticed, and I don't know how I
feel about it, is the amount of fellers that run
with no shirt on?
Speaker 4 (10:16):
Ah, yeah, what is that about?
Speaker 5 (10:18):
Honestly? Like, and these are fellas, how do I put
this politely? That don't have the best physiken down?
Speaker 4 (10:24):
Well, they're they're not on the runway, the fashion runway
for your enjoyment. When you're running, you get hot, you
just do what you need to do to keep going.
Speaker 5 (10:33):
Do you run with your shirt off?
Speaker 4 (10:35):
I don't run with my shirt off? Yeah, because you're
somewhat of a normal guy. I don't know. I don't
run with my shirt off, but but I don't judge
other people that do. I've got a friend who's a
big runner, and I often see him cruising pass with
a shirt off.
Speaker 3 (10:48):
Has he got a good physique that he does.
Speaker 4 (10:49):
Have a good shit, Yes, he's a past runner.
Speaker 2 (10:51):
I hate it. I think there there's no excuse for it.
And I asked those people if they were, you know,
in the gym or in a group exercise class, we
don't want to see it. Put it away because there's
(11:16):
two as Tyler was just pointing out there.
Speaker 3 (11:21):
If you're not.
Speaker 2 (11:24):
You haven't got the super bod. We certainly don't want
to see it, so put it away. And if you
do have a superbod, We also don't want to see
it because it just makes us feel stink about our
own bods.
Speaker 3 (11:35):
So just put it away.
Speaker 2 (11:40):
Give yourself a single. I mean, you know you don't
see women kipchog get his name.
Speaker 3 (11:55):
Running around without a shirt on.
Speaker 1 (11:56):
Do you.
Speaker 3 (11:59):
He's setting records. It's not like a it's not like
it's reducing your drag. I wouldn't have thought otherwise that
he would have had that whipped off. Stop it.
Speaker 2 (12:08):
That's that's my message to any of you out there
who think that it's okay to run around in public without.
Speaker 3 (12:15):
A shirt on. Just stop it. I am Glen Hart
Rubby old Man, and I'll be back with more great
takes like that.
Speaker 1 (12:24):
Tomorrow's there Used Talks Talking zid bean 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, said Bee,
follow this and our wide range of podcasts now on iHeartRadio.
Used Talk said, be you Talk said, Oh, I'm.
Speaker 2 (00:23):
My beautiful beanies, and welcome to the beans for Thursday,
first of yesterday's news. I am Glen Hart, and we
are looking back at Wednesday.
Speaker 3 (00:30):
Now.
Speaker 2 (00:30):
The government's coming for your stuff, your house, your backyard.
I don't know what they're coming for. What does procurement
even mean? We'll find out. So it might make home
ownership meaningless. Mind it probably not. It's probably got nothing
to do with it. Anyway.
Speaker 3 (00:46):
We'll be talking about that as well. The man with
the titanium heart and running without a shirt on what's
that about? There's a lot of what's that about?
Speaker 2 (00:55):
Kind of a field to yesterday, Yesterday being Wednesday, or
as Marcus calls.
Speaker 4 (01:01):
It, Wednesday, hump day. Greetings, welcome Marcus till twelve. How
are you? What's happening? When did they come up with
a word hump day? It doesn't feel like it's been
around forever.
Speaker 3 (01:09):
It feels like it's been around for twenty years. Wonder
when that came up.
Speaker 4 (01:14):
First use of the word hump day, hump day, hump day.
Speaker 3 (01:20):
I felt quite smart first using and I felt was
about two thousand and four. You know, I've got the
derivation of the word hump day. Anyway, set the most
random bit of Marcus audio. We have a point in
a podcast.
Speaker 2 (01:34):
I mean, it's a hotly contested competition, that isn't it.
It was right up there, you know, really, I think
most people's response to that question was posing there where.
Speaker 3 (01:49):
The phrase hump bag came from. I think most people
would say, who.
Speaker 1 (01:52):
Cares news talk?
Speaker 5 (01:55):
Has it been?
Speaker 1 (01:56):
So?
Speaker 3 (01:56):
Why did I put it in the podcasts? Funny right now?
Speaker 2 (02:03):
Government procurement, apparently this is all being kick ass track,
no more dicking around.
Speaker 3 (02:11):
It's going to be fricking fast. Certainly won't be lame o.
He's developing quite the list of key phrases. And it
isn't the old old strap the barnacles off, laxing. You'll
come for the rolling thunder anyway. The rolling thunder will
mean that.
Speaker 2 (02:30):
When infrastructure projects need to happen, look out, here comes
the government.
Speaker 6 (02:36):
But a company that gets worked with the government probably
does work for other people too, doesn't it, and has
staff working on other things other than the government work.
So this requirement to pay a living wage probably has
quite a significant impact across the whole business, across a
whole business, and it's probably enough to put some of
the smaller businesses off going for government contracts. You can
(02:59):
tell that Nichola Willis is taking to her new Wish
job as Minister for Economic Growth with relish because one
factor she wants the government to consider when awarding contracts
is what's called the economic benefit test. So the government
this is brilliant. The government will look at contract bids
from companies and sole traders and one of the things
(03:20):
that it will base its decision on in terms of
who to go with is who would provide the most
economic benefit to New Zealand. And this brings us to
the nub of this morning's conversation profit versus patriotism, because
it would under this way of operating, the government would
(03:41):
sign a potentially more expensive contract with a local company
for the reason that it would deliver more economic benefit
to the country, more local workers getting work, more work
for local subbe's and the profits staying in New Zealand,
as opposed to a cheaper contract with a foreign outfit
that might bring its own workers into the country. And
(04:02):
would certainly take its profits overseas. So for me, patriotism
wins hands down over profit. But as a taxpayer yourself,
how do you feel about it? Do you want the
government signing the cheapest contracts possible or are you happy
to pay a little bit more to give local outputs
more work.
Speaker 2 (04:22):
Those of discussions always remind me about what they used
to say about the America putting the first man on
the moon. And I'm not sure if it was Neil
Armstrong or one of the buzz organ one of the
astronauts realizing as they were trying to get there that
(04:46):
this thing had been.
Speaker 3 (04:49):
Built by whoever put in the cheapest tender. Probably.
Speaker 2 (04:57):
Yeah, it's not really the best way to go about things,
is it, Because often.
Speaker 3 (05:04):
It's slightly more.
Speaker 2 (05:05):
Expensive that better change shaves your money in the long run.
Speaker 1 (05:11):
US talk sibby.
Speaker 2 (05:12):
Now it's now the best time to buy a house,
seller house or not?
Speaker 3 (05:19):
What's the state of home ownership in New Zealand? Right now?
Here's Andrew Dickins.
Speaker 7 (05:22):
Playing a house at the moment is no longer the
path to automatic capital gain? Question is how long will
it last? Anyway, face with the fact that it's just
three point four percent of house inflation. House owners are
more likely to stay put. And you remember, back in
the old normal, churn was the name of the game.
You'd often buy and sell a lot to climb up
through the property ladder. I went through five houses in
(05:43):
five years to get to a better place. In today's climate,
you're more likely to stay in any house you own
because a bird in the hand is with two in
the bush. And you want some stability, because stability and
security is now the new normal. So this is why
we've got more stock. And this, you have to say,
is more in line with overseas models, where people stay
in their houses for longer, accepting the limitations of the
(06:05):
market and building a day to day life they can
count on. Now in New Zealand, we've been through boom
and bust periods before, and prices have always come back.
It's sort of like, oh that they always come back.
It'll come back, mate, But what if they don't? Is
that such a bad thing. People have often said that
our property fixation has been at the expense of real
(06:26):
productivity growth. Anyway, what will happen next is anyone's guest.
But I'll tell you something else. The bank pointed out
something that I got worried about. Immigration levels are staying
stubbornly low after booming right after the pandemic. We are
not an attractive destination, and maybe that's because of the
image we're presented of ourselves as a basketplace economy. So look, anyway,
(06:48):
maybe the housing crisis is over, maybe we're going to
have a stable economy. But I'll tell you one thing.
It's not a get rich quick paradise anymore right now,
but it is a nice place to live.
Speaker 2 (06:57):
I really hope division manager heard that. I'm sure that
she did. I'm not sure that how keenly she listens
to Early Edition between five and six every morning.
Speaker 3 (07:12):
I mean most people should be, of course, but.
Speaker 2 (07:17):
We've got an injured dog to look after at the moment,
so she might be a bit tight.
Speaker 3 (07:20):
But anyway, because she's.
Speaker 2 (07:24):
Determined that we were at the stage of our lives
where we need some kind of an investment property, and.
Speaker 3 (07:30):
I feel like that just sounds like a hassle. But
I wouldn't dare say that.
Speaker 2 (07:37):
If you're not actually going to make that much money
out of it, then maybe that's a good reason not
to do it. Don't be so negative gled to stop
finding reasons not to do things.
Speaker 3 (07:47):
Okay, so this is an interesting one.
Speaker 2 (07:51):
Ryan Bridge decided to dedicate a couple of minutes of
his show yesterday on the On the Drive show Who
the men in Australia who had the titanium heart.
Speaker 8 (07:59):
He needed a heart transplant. They didn't have the heart
to transplant into him. So in the meantime, scientists and
doctor and medical professionals over the last twenty years have
been working to perfect this titanium heart, a levitating titanium heart,
and they managed to put this artificial heart into the
(08:20):
man and he lasted on this artificial heart long enough
for the heart transplant to take place, which it did
earlier this month, and it's just been made public over
in Australia. The design of this titanium heart was originally
done by young Queenslander twenty years ago. Daniel Tims is
his name. He invented it and what an incredible story.
(08:44):
The man apparently could not feel the heart inside of
his chest, the artificial heart inside of his chest. He
was able to walk down the street. He got an
uber home from the hospital. He went shopping in the
month before he received his donated heart. What an incredible achievement.
He basically survived from November to February with the fake heart,
(09:09):
or really with no heart, with no real heart, and
now he has a transplant and he is alive to
tell the story to his kids.
Speaker 2 (09:19):
So good to know that that's the way you test
if your major life saving operation has worked.
Speaker 3 (09:30):
You catch an uber home. I would have thought that
a lot of that depends on the uber driver. It
seems a lot of pressure on them. But anyway us
talk ze.
Speaker 2 (09:44):
Been Now, if you want to avoid heart problems, maybe
you should take up running.
Speaker 3 (09:50):
But please keep your shirt onlready do it now, I've
got a question for you.
Speaker 5 (09:53):
Yes, And I know you've been doing a lot of
running lately, yeah, which is phenomenal. So I've tried to
get into a bit of running myself, not to your level,
I've got to say, mad and I'm smashed it.
Speaker 4 (10:03):
I smashed out a casual twenty k on Saturday morning.
Speaker 3 (10:06):
Casual twenty k.
Speaker 5 (10:06):
Yeah, listen to it.
Speaker 3 (10:07):
Well done, mate.
Speaker 5 (10:08):
But I've been trying to do a bit of jogging.
But what I've noticed, and I don't know how I
feel about it, is the amount of fellers that run
with no shirt on?
Speaker 4 (10:16):
Ah, yeah, what is that about?
Speaker 5 (10:18):
Honestly? Like, and these are fellas, how do I put
this politely? That don't have the best physiken down?
Speaker 4 (10:24):
Well, they're they're not on the runway, the fashion runway
for your enjoyment. When you're running, you get hot, you
just do what you need to do to keep going.
Speaker 5 (10:33):
Do you run with your shirt off?
Speaker 4 (10:35):
I don't run with my shirt off? Yeah, because you're
somewhat of a normal guy. I don't know. I don't
run with my shirt off, but but I don't judge
other people that do. I've got a friend who's a
big runner, and I often see him cruising pass with
a shirt off.
Speaker 3 (10:48):
Has he got a good physique that he does.
Speaker 4 (10:49):
Have a good shit, Yes, he's a past runner.
Speaker 2 (10:51):
I hate it. I think there there's no excuse for it.
And I asked those people if they were, you know,
in the gym or in a group exercise class, we
don't want to see it. Put it away because there's
(11:16):
two as Tyler was just pointing out there.
Speaker 3 (11:21):
If you're not.
Speaker 2 (11:24):
You haven't got the super bod. We certainly don't want
to see it, so put it away. And if you
do have a superbod, We also don't want to see
it because it just makes us feel stink about our
own bods.
Speaker 3 (11:35):
So just put it away.
Speaker 2 (11:40):
Give yourself a single. I mean, you know you don't
see women kipchog get his name.
Speaker 3 (11:55):
Running around without a shirt on.
Speaker 1 (11:56):
Do you.
Speaker 3 (11:59):
He's setting records. It's not like a it's not like
it's reducing your drag. I wouldn't have thought otherwise that
he would have had that whipped off. Stop it.
Speaker 2 (12:08):
That's that's my message to any of you out there
who think that it's okay to run around in public without.
Speaker 3 (12:15):
A shirt on. Just stop it. I am Glen Hart
Rubby old Man, and I'll be back with more great
takes like that.
Speaker 1 (12:24):
Tomorrow's there Used Talks Talking zid bean 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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