Episode Transcript
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Speaker 1 (00:06):
You're listening to the Sunday Session podcast with Francesca Rudgin
from News Talks EDB.
Speaker 2 (00:12):
And it is time for the panel and I'm joined
by Coast Day host and host of travel podcast Trip Notes,
Laurna Riley. How are you, Launa?
Speaker 3 (00:20):
Good morning. I'm very good, even though I feel like
it's the afternoon or water Girl Daylight Savings, spent.
Speaker 2 (00:25):
Long morning and send your account director at one plus
one Communications, Damian Venuto, how are you, Damien.
Speaker 4 (00:31):
I'm doing really well. I had a little sleep in
this morning, which was a rare privilege for me with
a four year old.
Speaker 2 (00:36):
Oh well, very pleased to hear right Trump and tariffs.
I think the New Zealand government has been very sensible
and they're calm. Let's let the dust settle here approach
to this, Laurna, how do you want to see New
Zealand respond?
Speaker 3 (00:49):
Well, yeah, I guess we have to suck it and
see a little bit important tonight. That it's a ten
percent tariff on top of water. Ever terraff currently exists
for most people and we don't want to be retaliatory
because that just means we're going to pay more here
and it'll be inflationary as well. I guess if you
(01:09):
look at tariff European Union twenty percent, China thirty four percent,
we got off pretty lightly. Some exporters say they might
be able to increase their sales against other countries in
the US market, which is good for them. Others obviously
see opportunities perhaps with China to increase sort of beef
experts and that kind of thing. So I guess we
just have to see how it goes. If there is
(01:31):
a group of countries that provide sort of an alternative,
then that could be worth us looking at. I think,
because you know, experts assume the global economy is going
to go through a pretty tough period and it's still
a risk for us to fall back into a recession,
which of course none of us want.
Speaker 2 (01:49):
But I think you're right. Yeah, I think you're right, Laurna.
We don't really quite understand the impact of this all this,
do we yet? Day Everyone's just kind of taken a
moment to go okay, actually, so what impact is this
going to have on us? How is it going to
affect us?
Speaker 4 (02:03):
I saw a great video this morning where somebody said
that when you have an extreme event happening to you
in your life, don't make any rash decisions, so to
going through a divorce, if you have a death in
the family, don't make any decisions immediately. And this feels
about the same. We have to let the dust settle.
We have to see where this lands, how it affects
New Zealand, how it affects other countries. I think any
(02:25):
rash decisions now are a terrible idea.
Speaker 2 (02:27):
However, Daman, you know, we were talking earlier this morning
about if there was sort of a club of countries
who all believe in free trade, who kind of gathered
together to sort of move forward. It would be important
for New Zealand to quietly be part of that group, wouldn't.
Speaker 4 (02:43):
It It would be. The problem is that the US
GDP is s thirty trillion dollars. Now if you compare
that to the UK, the UK is about three point
seven trillion dollars, So you're talking about quite a big
club of countries. The reality is that the US economy
is just so important to the global economy then any
talk of a club isn't going to return things to normality.
(03:05):
We need to find the same markets for the goods
that he's even selling that'll that'll kind of make up
for the loss that we suffer in the US. And
that's a big ask. That's a really really big ask, Lorna.
Speaker 2 (03:17):
Have you checked your Kiwi savor or you just kind
of got.
Speaker 3 (03:22):
Hid in the sand, don't want to look. You know,
I'm not ready to retire just yet, so I'm just.
Speaker 2 (03:30):
What about you, Damien.
Speaker 4 (03:32):
No, I haven't checked anything again because we might wake
up on Monday morning and Trump I decided that the
tariffs are canceled and everything might shoot up again. So
I'm just leaving everything alone and waiting.
Speaker 2 (03:43):
I like it. What is really interesting to see happen
is that there's quite a few nations around the world
that are issuing travel warnings to the US, and some
visitors are opting to boycott the US entirely. And this
is partly because of sort of border enforcement and border security.
So you've got sort of Germany and the UK, Denmark, Finland,
Portugal and in Canada who have expressed some concerns to
(04:04):
travelers and things. Then of course you've got some people
who are making sort of moral decisions about whether they
want to travel there or not.
Speaker 4 (04:13):
Lorna.
Speaker 2 (04:14):
You know, I know that you've got your travel podcast
and things. Do you hear much around US and people
making decisions to whether they would travel there or not
depending on what's happening in the country, and they US
at the moment.
Speaker 3 (04:24):
So I mean, I was there last year. I went
to National Memphis and New Orleans and it was amazing.
Was thinking about going back later this year. And there's
been some fantastic flight deals, which possibly suggests they might
not be quite the demand that we thought. I wouldn't
say I'm scared about traveling. There is an unease around
(04:49):
traveling to America right now. I think, of course too,
it's not helped by the fact that our dollar is
pretty crappy against the US as well, so you know,
we might get cheaper flights, but once you get their
things are pretty pretty expensive. But I can understand other countries,
you know, They've the UK, Denmark, Finland, I think Portugal
as well. They've all issued travel warnings and advisories. For
(05:11):
the States. They're predicting a seventeen percent drop in European visitors,
eleven percent drop in China visitors. And this was from
the beginning of the year. Quite a turnaround because the
tourism Economics in the States is actually predicting a booming
year for international travel to the States, so I actually
think they're going to see quite an impact. They're saying
(05:33):
up to twenty percent loss of their biggest tourism market,
which is Canada, but even a ten percent reduction in visitors,
two billion dollars in lost spending in fourteen thousand job
losses are being predicted, so to have a massive impact
on the States.
Speaker 2 (05:49):
I did love that article on the BBC Launer. I
read that one too, and I don't know if you'd
noticed that you scrolled down there were massive ads for
US saying Canada on sale.
Speaker 3 (05:56):
Did yes? Absolutely? I see local travel agents saying that
that leisure travelers are dipping slightly, but that corporate travel
to the States is booming currently, So you know, it's
a bob each way. I think the kiwis at the moment.
Speaker 2 (06:13):
Daman, would you go as far as not to travel
to the US.
Speaker 4 (06:16):
I've always found that the US is such a divided place, right.
Some of my best friends are from the US, so
I'd probably not boycott the US, but I'll probably be
selective in terms of the places that I go to.
I'd be careful in terms of gage places where I
feel like they would be accepting to tourists rather than
other places where they're a bit more confrontational when it
(06:38):
comes to outside, it's for sure.
Speaker 2 (06:40):
Yeah, and look if you turn it round. I know
people who work in the tourism industry here in New
Zealand who organized tourism things for a lot of Americans
coming to New Zealand, and they have noticed a drop
off because they say that Americans are concerned about how
we will react to them when they get here, which
is quite interesting as well. Okay, let's help our listeners.
I got an email this morning time a Netflix subscription
(07:02):
was going up a month ago, a sky bill increased.
When it comes to these TV subscriptions and streaming, what's
the best bang for your back to your reaking guys, Damien.
Speaker 4 (07:13):
They you know what I feel like. I feel like
they've trapped us and they've made us dependent on all
these things, and I just I don't even know, Like,
because I've Disney is a no brainer for me a
four year old, so Disney has to be in my mix.
Then I'm told I'm torn between Neon or Netflix or Prime.
And you kind of get caught sometimes where you have
(07:33):
all three of these at the same time. So I've
read that if you can find four shows that justify
a subscription, that's enough. So as long as you have
those four shows, that's okay. At the moment they fall away,
then you have to kind of question, am I really
getting enough use out of this?
Speaker 1 (07:50):
Well?
Speaker 3 (07:50):
Yeah, I'm a bit of a tragic commit I'll go
just for one show. So I got Apple TV to
watch Severance. I got Neon to watch White Lotus. Severance
is finished for the time being, White Lotus about to
wrap up with a ninety minute episode tomorrow. Cannot wait,
so I'll probably revisit both of those Netflix. I haven't
noticed the Rake cost because it's sort of bundled up
(08:12):
with my phone through Spark, But I still think Netflix
is pretty good value. We've got to mix in our
household of adults, a teenager and a toddler. But I
think as we sort of looked trim costs and things,
don't forget TV and Z plus and three now because
they are three yep, and there's so much stuff on there.
Speaker 2 (08:33):
I agree with you.
Speaker 3 (08:34):
I'll be surprised you still have Sky. I pitched Sky
a long time ago. Well then I'm not really a
sport watcher, so you know, Oh.
Speaker 2 (08:42):
No, Well that's that's why we have Lorna. But can
I just suggest to listeners that Sky is very keen
to keep subscribers, so if you would like to get
a deal, feel free to ring and haggle. It worked
brilliantly for me. Thank you so much, Lrna and Damien.
Speaker 1 (08:55):
For more from the Sunday session with Francesca Rudkin, listen
live ton Us Talk z B from nine am Sunday,
or follow the podcast on iHeartRadio