April 23, 2025 • 34 mins
On the Early Edition Full Show Podcast for Thursday 24 April 2025, Early Childhood CEO Kathy Wolfe joins Francesca Rudkin to discuss concern the sector reform could put business over children.
Minister of Commerce and Consumer Affairs Scott Simpson explains new protections that require banks to reimburse fraud victims up to $500,000.
Increasing numbers of people are openly using AI at work. Tech commentator Oskar Howell considers the changing attitudes towards AI.
And, US correspondent Mitch McCann shares details on how the stock market is reacting to tensions with China.
Get the Early Edition with Ryan Bridge Full Show Podcast every weekday on iHeartRadio, or wherever you get your podcasts.
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Episode Transcript
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Speaker 1 (00:02):
The issues, the interviews and the insight Early with one
room to make your property search simple us.
Speaker 2 (00:11):
Dogs, it'd be good morning, welcome to Early Edition. I'm
Francesca Rudkin filling in for Brian Bridge this morning. Ryan's
going to be back with you on Monday. Gosh, here
we are Thursday and it's the end of the week already,
well for most of us. Good to have you with us.
You conflict me text anytime this morning on ninety two
ninety two, or you can email me at Francesca at
NEWSTALGSTV dot co dot MZ. On the show today, we
(00:32):
get the details on new protections that could see banks
required to reimburse fraud victims up to half a million dollars.
We seem to be getting over the stigma of using
AI with more people openly using it at work, but
what impact is it having on our jobs? And we
find out what the early childhood education sector thinks of
the government's new regulations for them.
Speaker 1 (00:55):
The agenda.
Speaker 2 (00:56):
It's Thursday, twenty fourth of April. First to the US
and Vice President J. D. Varnes has threatened to abandon
peace negotiations between Russia and Ukraine if the US led
peace proposal is not accepted.
Speaker 1 (01:08):
He issued a very explicit proposal to both the Russians
and the Ukrainians, and it's time for them to either
say yes or for the United States to walk away
from this process.
Speaker 2 (01:18):
This comes as Secretary of State Marco Rubio withdrawals from
a major meeting in London aimed at bringing an end
to the war in Ukraine. Vance says the proposal would
freeze territorial lines at a level close to where they
are today. Elon Musk has announced the time he spends
on DOGE is going to decrease. It's going to drop significantly,
(01:38):
I would say. He says the role has taken his
eyes off Tessa, which has reported a huge drop and
profit and sales for the start of the year.
Speaker 3 (01:45):
On Tuesday, Musk blasted his detractor, saying that his work
at DOGE is critical and that it is mostly done.
In his words, plans to spend quite a bit less
time on DOGE starting next month and.
Speaker 2 (02:00):
To Rome and tens of thousands of queuing to pay
respects to Pope Francis.
Speaker 4 (02:04):
It is not surprised that there are such massive crowds
in sam Peter Square throwing this morning to see the
remains of poor Francis in queues to get into ques
both with then Saint Peter's itself and outside in the square,
and indeed extending further down into the streets surrounding the
Square of Sam Peters.
Speaker 2 (02:20):
Today the crowds are hopeful for just a short glimpse
of the two hundred and sixty sixth Bishop of Rome.
Of the two hundred thousand are expected to descend on
the Vatican the Saturdays of funeral and that's the agenda.
Speaker 1 (02:33):
Get ahead of the headlines on early edition. Where's one
roof to make your property search simple?
Speaker 2 (02:40):
News talks it'd be I'm very interested to talk to
the Minister of Commerce and Consumer Affairs, Scott Simpson this
morning about New Zealand Banking Association Association's new consumer protections
against fraud. They're going to roll these out over the
next seven months or so because we have been slow
in getting up to speed with battling scams in fraud.
The other hands, scammers, frauds does criminals that are siphoning
(03:02):
off hundreds of millions of dollars out in New Zealand
are just getting better at what they do. Banks have
claimed to have state of the art banking prevention, but
we are behind what other countries have implemented. And you
only have to look at some of the scams and
you can see there are gaps where by the bank
could have picked up a red flag and a transaction.
So look, anyway that we can reduce risk the better, right.
(03:25):
One of the things that they've done is release this
confirmation of pay your service. Have you used that? Have
you had to put a new paye in and use this?
I haven't been hugely impressed with it. It is, of
course for customers to check that the name of the
person they are paying matches the account number. It's a
really good idea, but it doesn't work because no one
gives you both the name of the company or the
(03:48):
name of the account and then the nickname of the account.
So I've done it about five times and not once
have they matched. And then of course we're all paranoid
because we don't want the headline to read. You know,
radio host just ignores the new you know, the new
protections put in place, and you know, sends money to
(04:10):
someone they shouldn't have. So then the next thing you know,
you're on the phone, you're ringing the people you're trying
to make as a payee and you're confirming it and
they're saying to you, oh yeah, we're getting lots of
calls about this. Anyway, it loses its power if we're
not using it correctly. So businesses need to be up
to speed with the information they provide, providing you with
those key bits of information so when you put it
(04:30):
in and you click the button, it goes, yes, you've
got the right person. Anyway, new commitments from banks mean
that if a bank fails to adequately warn and protect
a consumer from a scam, they will reimburse the victim
up to five hundred thousand. And this is excellent news,
but it's not going to help everyone and banks shouldn't
be responsible across the board if you lose money and
(04:53):
a scam. Being scammed is horrific. It's traumatic and life
changing for people. And they may have done things right,
you know, done their due diligence, ticked the boxes and
yet still got conned. But the bank can only be
responsible for their part in it if they had a
part in it and other words, failed to prevent it
(05:14):
when they could have. So to be honest, this does
sound like a fair approach. We're going to talk more
about this shortly. Can you hear your thoughts though? Does
that make you feel a little bit more comfortable that
the banks are stepping up and also that there's a
potential that you will be reimbursed if the bank's mister
mister step in things and you lose your money. Ninety
(05:36):
two ninety two is the text you're with Early edition.
It airs at twelve past five.
Speaker 1 (05:41):
News and Views You Trust has done Your day is
early edition with one roof make your Property search simple.
Speaker 2 (05:48):
News Dogs that be fourteen past five. So as I
was just talking about, Banks will be required to reimburse
fraud victims up to half a million dollars under the
new scam protections. The suite of measures also includes providing
a twenty four to seven scam reporting channel and banks
during information on scammers with each other to help prevent
criminal activity. The changes will be delivered through an update
(06:09):
to the Code of Banking Practice. Minister of Commerce and
Consumer Affairs Scott Simpson joins me. Now, thanks for your time, Scott,
Good morning.
Speaker 5 (06:16):
Good morning, Francesco.
Speaker 2 (06:18):
Okay, how involved were you in creating these protections?
Speaker 5 (06:21):
Well, our government's been urging banks take a greater responsibility
for protecting their customers for some time. So I'm the
government's lead on anti scams as Minister, and it's work
that I and my predecessor have been doing now for
well since this government came to office.
Speaker 2 (06:39):
Who is eligible for compensation if a bank fails to
meet these new protection commitments.
Speaker 5 (06:45):
Well, bank customers that meet certain criteria. And this is
not a regime that's going to mean that everybody has covered,
but that will mean, for instance, that if you take
responsibility for your online transactions, your banking transactions in a
way that is careful, prudent and responsible, the banks will
(07:07):
cover you if they have let you down as their
banking provider if you've been scammed.
Speaker 2 (07:13):
How effective has the confirmation of paye system been already,
because that the rollout of that's already been completed. And
I was just making the comment there that you know
it's not working at the moment because businesses aren't aware
that they need to give the account owner's name and
then a nickname. So every time I do it, it
doesn't match up. Scott.
Speaker 5 (07:31):
Ironically, Francesca, every time you use it it gets better
because it's exactly those sorts of things. So over a
period of time, for instance, if someone wants to send
me some money as Scott Simpson, or maybe my bank
account is s Simpson, that isn't a complete match. But
over time the banks get better at it. Now not
(07:52):
every bank is up to speed with it completely yet.
That's part of the reason why these new initiatives don't
come fully into effect until the end of November. It's
in order to allow banks time to get the processes
and the technology in place to have it up and
running completely.
Speaker 2 (08:08):
And to be fair, Scott, that's a user issue, not
necessarily the system issue. It's just us getting used to it,
isn't it.
Speaker 5 (08:13):
You know, Yeah, yeah, absolutely.
Speaker 2 (08:15):
Look having a look at the list of these measures,
I mean, banks are already doing some of these things,
aren't they. They're already sort of you know, shutting down
if they see a dodgy looking transaction and things. So
putting these measures officially in place, is it actually more
about allowing customers to hold banks to account.
Speaker 5 (08:35):
Yes, it will hold banks to account. But remember, in
the scam ecosystem, banks aren't the only player. There are
digital platform form providers who are the providers that allow
the scam. Sometimes to work. There are the telco companies
that allow messages to be sent over their networks, So
(08:58):
I want the other player in the scam ecosystem to
step up in the same way that banks have done.
They put a role to play as well, and I'm
hoping that we can get a similar set of protocols
from the telco companies and the digital platform providers as well.
Speaker 2 (09:14):
So you're happy with what the banks have come up
with here or would you like them to continue sort
of moving forward in the space.
Speaker 5 (09:21):
Well, this isn't a silver bullet. Scams are very prevalent.
Scammers are very clever, they're very persistent, they're very energetic.
So this isn't going to stop all scams, but it
is a very big step forward. I'm delighted that the
banks have taken this initiative in conjunction government. It's a
very good step. I want others to do the same
sort of thing. But it just means that people still
(09:43):
have to be careful, they still have to be prudent,
and they still have to be alert and aware of
what they're doing in terms of their banking transactions and
their digital interactions and the interactions they have with their
telco companies as well.
Speaker 2 (09:55):
Scott, thanks so much for your time this morning. That
was the Minister of Commerce and Consumer Affairs to hear
what you think about the actions that the bank have taken.
You can text on ninety two ninety two right. Ninety
one percent of keyp WE workers are using generative AI
to assist them in their day to day tasks and
apparently we're really open about it now, we're all admitting it.
We find out what impact though it might be having
(10:17):
on the importance of human employees. Next, it is eighteen
past five.
Speaker 1 (10:21):
You with early edition, Rely edition with one roof I
make your property search a simple news talg Sidby.
Speaker 2 (10:29):
It's twenty past five. New research from Robert Harf finds
ninety one percent of workers are using AI to help
with their day to day tasks and ninety three percent
are open with their higher ups about using it, but
as it reducing the importance of human employees. Tech commentator
Oscar how is with us this morning?
Speaker 6 (10:45):
Good morning, Oscar, morning Francesca, thank you for having me on.
Speaker 2 (10:49):
It used to be seen as almost cheating, didn't it.
We sort of hit the fact that we might be
using AI, but is the perception of AI changing.
Speaker 6 (10:56):
I think so. I think a lot of employees, especially
in traditional desk rolls, really opening themselves up to using
AI and their daily jobs, and they're not afraid to
be talking with their managers about it.
Speaker 2 (11:09):
Why are we suddenly so open about using it?
Speaker 7 (11:12):
I don't know.
Speaker 6 (11:13):
There was almost a shift in the culture. Really, a
new research out of Robert Half of the crypt agency
you mentioned fifty six are using it on a daily
or near daily basis. You know, maybe the advancement of
some of these AI tools that were seeing are making it,
you know, are making their workloads so their ability to
work so efficient that it's something that you kind of
(11:34):
just have to bring up, you know. I mean, if
you can turn around a report in thirty seconds that
might have taken you a week, perhaps your manager may
have started off in questions, so it might be it
might pay to be forthright in these situations.
Speaker 2 (11:46):
Yeah, I mean, I've been told by a few HR
people that actually, these days, you know, they are looking
for people who understand how to use it, as opposed
to once upon a time, you know, implying that you know,
kind of cheating on your job.
Speaker 7 (12:01):
Yeah.
Speaker 6 (12:02):
No, I think it's becoming a real staple of a
lot of desk jobs. And I think, like you mentioned,
businesses are looking for people who have more than just
a cursory understanding of how AI works. Obviously, it's allowing
people to become more efficient. It's allowing them to get
their work done quicker and takes a lot of the
workload off. And yeah, I mean there's also the fact
(12:24):
that it can help, you know, having an understanding of
AI can help you, you know, spot scams, spot when
it's used maybe not so well. And yeah, I think
it's just improving people's ability to work.
Speaker 2 (12:38):
What are the impacts of such a huge increase? Are
we putting jobs at risk?
Speaker 6 (12:43):
I mean, that seems to be the fear at the moment,
right And I almost wonder if a lot of these
people who are upskilling in the use of AI might
be doing so with that understanding that perhaps, you know,
if they're not on top of things, will maybe coming
to their jobs. I mean, at this point, eight percent
of work are sampled in this survey said that they
(13:04):
think it's necessary for career success in the future. And yeah,
I tend to agree because I mean, if you, like
I said, like we said, it's so powerful and it
can turn around a lot of these creative or desk
roll you know, for a lot of these jobs. That
can turn around a lot of this work so quickly. Yeah,
I think there's a real possibility that some of these
roles might find themselves outpaced by technology in the next
(13:25):
few years.
Speaker 2 (13:25):
Oscar, thank you so much for your thoughts this morning.
Really appreciate it. And of course we were talking yesterday
about the Oscars and how they've mentioned that, you know,
if you happen to use AI in your film, that
doesn't mean that you won't win an Oscar. You were
still eligible and have an opportunity to win one of
the big Oscars. The reason they had to say that
was because actually, somewhere along the line in Hollywood, when
(13:46):
someone makes a film, AI is being used, whether it's
being used in the production stage and the post production stage,
Somewhere along the way, everybody's quietly using it. They didn't
want to admit it, but they are actually all quietly
using it in different ways. It is twenty four past five.
Speaker 1 (14:03):
It was Newstalks a B See Fily Edition full show
podcast on iHeartRadio. Power It by Newstalks at B.
Speaker 2 (14:10):
It's twenty six past five. Sometimes being the grown up
in the room is deeply unfulfilling. Pragmatic, sensible, considering consequences,
taking a long term view. They're all good, admirable words,
and we should take some solace in them. But sometimes
I think we'd rather just throw a plate at the wall.
And so it is with the government's response yesterday to
(14:31):
the Trump tariffs, essentially to roll over and take it. Understandable, sure, sensible, yep. Frustrating,
very The government confirmed we're not in the queue to
negotiate a trade deal with President Trump's administration, nor are
we interested in taking legal action over it, and the
tariff hit will come after export has had an excellent
March and it's a shame the party music has had
a bum note. We want the growth, we want good
(14:53):
export news, but without the dark tariff cloud lingering in
the distance. As Trade Minister Todd mcla yesterday, we probably
couldn't negotiate between below the current ten percent rate, and
the legal process would be a long winded affair that
would probably go nowhere. And I'm presuming, like the majority
of us who aren't diplomats and haven't been in a
room negotiating a trade deal. This is a well considered plan,
(15:15):
one based on experience and insider information, but perhaps also
because making a fast good have unintended consequences and result
in even higher tariffs. It also makes sense to keep
our head down into our two biggest trading partners, China
and US have sorted out their own tiff. We need
to ensure both of feeling valued by US and not
be seen to take sides as we focus on growing
(15:37):
our trade markets. Will the plate throwers get sensible? Trump
stated during a White House a White House news conference
that the final tariff rate with China would come down
substantially from the current one hundred and forty forty five percent.
He said the US would be very nice to China
and not play hardball. Trump's remarks towards China come on
(15:59):
the same day that i AM released a new report
showing the United States faces the biggest downgrade among advanced
countries due to the increase in tarists and the uncertainty
of cause. The IMF predicts the US economy will grow
one point eight percent this year, down from the estimated
two point seven percent, and there's a forty percent chance
of recession. So as this a case, of Trump blinking
(16:21):
and a first sign of some steps towards stabilizing global trade.
This as a move by Trump to calm the nerves.
The markets short responded well to both Trump's tariff call
on China and his remarks he has no intention of
firing the Federal Reserve chair. I don't think anyone knows
what's to come next or how Trump will respond to
(16:42):
Chinese social media hashtags such as Trump admitted defeat. But
I much prefer the adult Trump rather than the one
throwing plates. In the meantime, New Zealand shall remain patient
and diplomatic, settle in and see what change may occur
again before the ninety day pause is up. Francesca, it's
(17:05):
a little bit like the market yesterday. Did you did
you have a sort of a bit of a sigh
of relief from Trump's comments? I mean, we know it
is hard to predict what will come next, but do
you feel like there might be some light at the
end of the tunnel when it comes to settling these
trade walls? Or you're not holding your breath? You might
as welcome to text me on ninety two ninety two
(17:27):
news is up next to you're with early edition on
Newstalks edb Benet to.
Speaker 1 (17:41):
The next two the news you need this morning and
the in depth analysis Early edition with one roof make
your Property search Simple News Talk ZB fine, good morning.
Speaker 2 (18:12):
This is early edition on Newstalks. They'd be I'm Francisca
Udkins filling in for Ryan today. Thanks for being with
us and the next half hour. Elon Musk has finally
given into the call from Tesla to return to the company.
What does this mean for DOGE? And the Ministry for
Regulation has done a review into early childhood sector. The
government recognizes that the current regulation system is outdated and overburdensome,
(18:33):
and the sector agrees, but there is some concern from
the sector about the lack of detail and some of
the recommendations, in particular around the qualifications teachers will need.
They don't want to see a less qualified workforce and
I'm sure that parents don't either. So we're going to
talk more about this before the end of the hour.
Thank you very much for your feedback. Someone said, the
(18:54):
beneficiaries don't give you that going back to the banks
and the pay confirmation, the beneficiaries don't give you the
nick that's the name you create to remember the beneficiary.
It's just the count name and number. Yeah. No, I
did get to that point and I put that in
and it's still didn't work. And when I contacted each
of the pay the paye that I was firing trying
to fire the money off to, they gave me a
completely different account name. So I think it's just it's
(19:16):
says we're all don't worry. As I said, it's user
error on my behalf as well. It took me a
while to get there, and but you know, I was
trying to set up a payment for a university hall
and when I rang them, the first thing I said
it was, oh, yeah, we're getting this all the time.
Here we go, here's the correct here's used this name.
And they gave me a completely different company account name
and it worked brilliantly, but nowhere was it to be
(19:37):
seen on the original voys. Anyway, thank you very much
for your feedback. You can keep the text coming. On
ninety two ninety two, it is twenty one to.
Speaker 1 (19:45):
Six News Talk said be.
Speaker 2 (19:49):
Right joining me now, we're going to head around the
company and joining me now from Dunedin is Michael Sirkle.
Good morning, good morning, and we've got the world's smallest
penguins and making history.
Speaker 8 (19:58):
In Olmu, so called Blue Penguin Colony has begun laying
eggs almost three months earlier than usual. This apparently indicates
a healthy and successful marine environment. This is a first
for the local colony and it's only the second time
it's ever been recorded in the whole country. The public's
being urged to tack here though, after a male penguin
was found dead after getting tangled in a discarding fishing line.
(20:20):
It was found near the popular fishing spot Homes Wharf
a few days before Easter and unfortunately had to be
out put down.
Speaker 2 (20:26):
Oh that is sad news. What's stone Edin's weather today, Michael?
Speaker 8 (20:30):
Oh it's a nice one, fine like Win's fourteen degrees beautiful.
Speaker 2 (20:33):
Thank you so much. And joining us now from Christchurch
is Claire Sherwood. How are you, Claire?
Speaker 9 (20:37):
Good morning.
Speaker 2 (20:38):
Now. Twenty names, only twenty names have been drawn from
hundreds of hopefuls to be the first to step inside
the new stadium.
Speaker 9 (20:46):
Yes that's right, Francesca. In fact, one thy six hundred
and sixteen hopefuls tried to get a chance to look
at the new stadium, but twenty people have been drawn.
One new Zealand Stadium at Takaha will open to this
very exclusive group, which was literally drawn from a hat
for next month's Open christ Church Festival.
Speaker 10 (21:03):
Now.
Speaker 9 (21:03):
Raylen Palmer is one of them. We spoke to her yesterday.
She can't believe she'll be one of the first, outside
of of course construction staff and officials. She says, it
has been amazing, like many of us, to watch it
grow throughout construction. It's quite nice for Raylein. She actually
worked for the Crusaders for seven years, so she saw
it throughout the earthquakes and the temporary stadium being built,
(21:24):
so to be able to see the new one feels
like a full circle moment. Experts will also be there.
It's going to be a one hour guided tour on
May four.
Speaker 2 (21:32):
What about the media? Clear have you got on there?
Speaker 6 (21:34):
No?
Speaker 2 (21:34):
Not even us? Okay, seems rough and the weather today.
Speaker 9 (21:38):
In christ Church frosty to start, it will clear to
a fine day light winds and fourteen and Max.
Speaker 2 (21:43):
Toll is with us and Wellington. Good morning Max. You
got a bit of an a shoe with some in sex.
Speaker 11 (21:48):
Yeah, a interesting story here. Residents in a Wellington coastal
suburb complaining about an infestation of millipedes that has even
made some express regret and buying in the area. This
is orfeedo or Bay, which is just around from Island Bay.
Speaker 6 (22:06):
It's seeing a.
Speaker 11 (22:07):
Massive surge in Portuguese millipedes, which enter homes at night
in the hundreds. They're attracted to light. The regional council
reportedly doesn't have any immediate plans to tackle the problem.
We spoke to a local who complains that these millipedes
and they come into the house, they excrete, a smelly
liquid that stains the floor. Doors and windows blocked with
(22:27):
towels don't help either. Really bad problem for about two
months now, apparently.
Speaker 2 (22:32):
I've just googled them. They're not particularly cute either.
Speaker 11 (22:35):
Not close up.
Speaker 2 (22:35):
No, no, not really. Wellington's weather today.
Speaker 11 (22:38):
Max mostly fine today, light winds peaking in the mid teens.
Speaker 2 (22:42):
Thank you so much. And neither writty man who joins
me out of the studio, so we've both got the
kick was explaining the millipede issue got to me. I know,
I had no idea, No, because they're tiny, powerful, powerful
and okay neither An Auckland restaurant has had its food
(23:04):
grade lower to a d after a person shared video
of and here we are laughing at Wellington's story. A
person shared video of fish dry on a clothesline.
Speaker 12 (23:14):
It's like going for one stupid store in Wellington to
a stupid story.
Speaker 2 (23:17):
Here in Auckland, we've got a long weekend.
Speaker 12 (23:19):
Oh I'm glad too, So yes, you're right, Francesca. So
this video shows dozens of fish while it's hanging from
stainless steel hooks. That's right on a clothesline in a backyard. Now,
the owner of Mount Albert Barbecue noodle House nine three
two claims that the fish isn't there is and actually
belongs to a neighbor who was using it for personal consumption.
(23:41):
So this is not to be confused, because apparently that
there's another Mount Albert Barbecue noodle House and it's right
next door and it's nine three zero. The cousins, they're cousins,
and so they both claim to be you know, the
original noodle house. But this one here, who's been you know,
like slept over the knuckle, is nine three two. So
(24:02):
what they've done is that the Auckland Council they've issued
them with the notice and they've said, look, this is not.
Speaker 13 (24:08):
Acceptable to dry any food in this way. Well you'd
think not, eh.
Speaker 2 (24:12):
Do you think your cloth it smellab it? If you
use this line after you just pegged on your T
shirt and the edgin and.
Speaker 4 (24:18):
Even just aren't my things?
Speaker 13 (24:20):
The flies everything that will be you know, that would
be coming around, you know if you've got them on
the clothes line and you've got the fish hanging there,
wouldn't you think of all the insects and the flies
and what are though the millipedes? And from Wellington? What
big jumping on the clothesline there? Goodness my right up.
Speaker 2 (24:37):
Auckland's weather today fine but cloud early morning. Twenty is
the high here neither. Thank you very much. Have a
lovely long weekend. Next up we are after the US.
Mitch mcckenn is with us. It is sixteen to six.
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(25:00):
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(25:20):
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Speaker 1 (25:37):
NZ International correspondence with Enseneye Insurance Peace of Mind for
New Zealand Business.
Speaker 2 (25:46):
And Mitch mccannon is with me now from the US.
Speaker 14 (25:48):
Good morning match, Good morning, Francisca.
Speaker 6 (25:50):
How are you.
Speaker 2 (25:50):
I'm very good. Thank you. So Tesla has finally drawn
Elon Musk back into the fold.
Speaker 14 (25:56):
Yeah, that's right, And the reason for that, perhaps is
that a report it's first called earnings yesterday. Tesla are
the electric vehicle maker, and it wasn't good. In fact,
it was billions of dollars short of what Wall Street
had actually predicted. Over the last couple of months, Tesla
stock has fallen immensely. Right sales have been lagging in
(26:16):
Europe and the United States, but also people have been
attacking dealerships because of Elon Musk's role in the Trump administration. Now,
in an earnings call yesterday with investors, Musk said in
May he will be spending significantly less time in the
White House as he goes back to work for the company.
He says he'll still be working for Donald Trump whenn't required,
but that might only be one or two days a week.
Speaker 2 (26:39):
Now.
Speaker 14 (26:39):
As a result of that, Tesla's share price has been soaring.
It was up seven percent at one point this morning,
Investors happy he might be leaving the White House.
Speaker 2 (26:48):
Match sure, yeah, really quickly. It looks like they could
potentially be a deal between the US and China. And gosh,
the markets loved this news, didn't they.
Speaker 14 (26:56):
Yeah, it could be getting close to the Treasury Secretary
this morning. There's an opportunity for a big deal here.
And the Wall Street Journal reports so that terifright of
a whopping one hundred and forty five percent on China
from the US could come down to around sixty percent.
The markets of loving it been loving it. At one
point today the Dow Jones was up one thousand points.
So finally, Francesca some good news on the markets here
(27:19):
in New York.
Speaker 2 (27:19):
Thank you much. Nice to catch up right. Concern from
early childhood educators that proposed reforms would put business over children.
The government has recognized that current ECE regulations are outdated,
but the sector says changes could love with the standard
of teachers. Early Childhood New Zealand CEO Kathy Wolf is
(27:40):
with me now, thanks for your time this morning.
Speaker 7 (27:42):
Kathy Mariner.
Speaker 2 (27:44):
Do you feel listen to from the results of this
review where you're happy with the general gist of it.
Speaker 7 (27:50):
We will look we call for the review and the
general gist of it in terms of addressing some of
the cumbersome and complicated processes and overburdened some administration, Yep,
there's good things from there. However, some of the recommendations
are nine and definitely recommendation ten is something that we
are not very happy about at.
Speaker 2 (28:09):
All, and you came from more detail on this. How
concerned would a move away from qualified teachers be.
Speaker 7 (28:16):
Very concerning qualified teachers are trained to educate our youngest
children and they understand the development emotionally and intellectually for
children from a vreative five and for school children to
be prepared for school. They need that education and the
(28:37):
qualified teacher is what is required to provide them that education.
Speaker 2 (28:40):
And why do you think there would be a move
away from this? What's the reasoning behind it?
Speaker 7 (28:47):
It's mostly about fundings. They're also saying it is around
teacher shortages, but there's absolutely no link to teacher shortages
and qualifications. The cause and effect of teacher shortages is
that we just haven't had a decent workforce strategy that
managers supplying the month.
Speaker 2 (29:07):
How do you want to see the balance between business
and children stuck struck here when it comes to looking
at these reforms.
Speaker 7 (29:13):
Look, every early childhood service is a business, whether you're
in community based service or a for profit service. At
the end of the day, you've got to run a
viable business in order to give back to the ken community,
but also make sure children are educated well. So you know,
and we're also publicly funded and we have to be
accountable for that public funding. So for us, it is
(29:35):
really important that that is the key thing about the
public good and upholding the public good of education and
at each other.
Speaker 2 (29:43):
Because it was a long it was it was quite
a fight. Wasn't it a while ago to get you know,
more qualified teachers into early childhood education. I can remember that,
and of course the big at that time, the big
negatives going to cost us more because we have to
pay qualified people and things. But I'm pretty sure that
most parents out there would really like the workforce to
remain qualified.
Speaker 7 (30:04):
Absolutely. I mean, if you want, if you put your
child into an early childhood service, you want to know
every single day that your child is not only getting
the best care and their well being is looked after,
but they've been educated with a qualified person who understands
how a child develops. And that can be the difference
between an unqualified person who could have an impact on
(30:26):
a child through a perverse situation, where a qualified person
would absolutely know how to deal with the situation, and
that impact on a child can last for a very
long time.
Speaker 2 (30:37):
And can you any other major issues with the reforms.
Speaker 7 (30:41):
At this stage, It's just going to be really about
working with the government and the ministry around the changes,
especially around the criteria for the licensing. So that'll be
a work in progress, as seymore mentioned, over the next
next week, while the Qualification one is going to be
a very big focus for the sector and there will
(31:01):
be very big pushback on this one.
Speaker 2 (31:03):
Tathy. I'm just wondering while I've got you, if I
can ask you about the data and the Herald this
morning that revealed the government's estimate of the number of
families eligible for the full Family Boost payment was wrong.
Just yeah, two hundred and forty nine out of the
twenty one thousand the Government seed were eligible have actually
received that maximum amount. The real number of families eligible
(31:24):
is unknown. What are your thoughts about that?
Speaker 7 (31:27):
Well, we always said that the Family Boost was flawed.
It doesn't reach the families that it should reach. And
also there's a few hoops the families have to jump
through to even get access to that, and they only
get access it after that paid three months and then
they get repaid for that, and many families don't have
that money upfront. So we're hoping that Minister Seymour really
(31:50):
has a look at the funding for early childhood and
we really make a fitful purpose for both fairly child
and services as well as parents to get the system
fixed and working how it should be.
Speaker 2 (32:03):
Thank you so much, Kathy. I really appreciate your time
and your thoughts. A sting that was Kathy, Thank you Kathy.
That was Kathy from Kathy Will from Early Childhood, New Zealand. YEA,
that was a bit embarrassing those figures that were released.
But Nicola Will have said that the id's advice was
based on its best estimates at the time. Unfortunately they
(32:24):
got that wrong. But the ID found the modeling for
Family Boost challenging because it didn't have reliable data. So
apparently now they are trying to get as much reliable data,
but there's other things that complicated as well. There's a
possibility that some people went, oh, it's not worth applying
for it because I'm not going to get a huge
amount back, or they haven't got around to cleicking up
all those receipts and applying for it yet. But hopefully
(32:44):
they'll be able to get that sorted as soon as possible.
It is a six to six. My cost ginger is
in the studio next.
Speaker 1 (32:51):
The first word on the News of the Day earlier
edition with one roof will make your property search simple.
The news talk said.
Speaker 2 (32:59):
Be coming up at Sex is Mike Hoskin and he's
in the studio with me. Now, what do you got
on the show, mate.
Speaker 10 (33:04):
Well, I'm just, I'm just I've been watching Ronee Oh Sullivan.
You know, the snooker No, okay, I don't.
Speaker 2 (33:12):
Want anyway, Nobody fascinated.
Speaker 10 (33:14):
The story is no, no, no. So the World Championships
are on right now and this is the this is
the thing. This is a place called the Cruciball go
to a snooker games. It's amazing. Anyway, Roneoh Sullivan he's
the greatest snooker player of all time. In dispute and
no one disputes Okay. He hasn't been playing since January.
He has a lot of mental health issues and so
he's thinking, I don't need this anymore. Shallow play cha anyway,
(33:36):
So there's been tremendous anticipation as to whether he will
turn up at this tournament, and he has and he's
just played his open round and it's over a couple
of days because there's a large number of frames. Anyway,
he's playing a guy called Ellie Carter, and there's a
bit of beef between Ronnie and Ellie, and so that
gave it a freshont anyway. So the first frames of
five to four, this was yesterday, so overnight he plays
(33:56):
the second series of frames first and nineteen and he
comes out and he destroys Ellie, absolutely destroys him, and
he's playing like the old days and it's just so
exciting anyway through to the second round. So that's what
I've been doing, not but that will be reflected on the.
Speaker 2 (34:11):
Show that I think I might have got confused with
dance Darts looks like a fun totally different sports.
Speaker 10 (34:15):
Franchesca completely good time and players. You have a good weekend.
Speaker 2 (34:19):
Mike Cosking is up next. I'll see you tomorrow morning
at nine. Have a good long weekend.
Speaker 1 (34:25):
For more from Early Edition with Ryan Bridge, listen live
to news Talks it'd be from five am weekdays, or
follow the podcast on iHeartRadio.
The issues, the interviews and the insight Early with one
room to make your property search simple us.
Speaker 2 (00:11):
Dogs, it'd be good morning, welcome to Early Edition. I'm
Francesca Rudkin filling in for Brian Bridge this morning. Ryan's
going to be back with you on Monday. Gosh, here
we are Thursday and it's the end of the week already,
well for most of us. Good to have you with us.
You conflict me text anytime this morning on ninety two
ninety two, or you can email me at Francesca at
NEWSTALGSTV dot co dot MZ. On the show today, we
(00:32):
get the details on new protections that could see banks
required to reimburse fraud victims up to half a million dollars.
We seem to be getting over the stigma of using
AI with more people openly using it at work, but
what impact is it having on our jobs? And we
find out what the early childhood education sector thinks of
the government's new regulations for them.
Speaker 1 (00:55):
The agenda.
Speaker 2 (00:56):
It's Thursday, twenty fourth of April. First to the US
and Vice President J. D. Varnes has threatened to abandon
peace negotiations between Russia and Ukraine if the US led
peace proposal is not accepted.
Speaker 1 (01:08):
He issued a very explicit proposal to both the Russians
and the Ukrainians, and it's time for them to either
say yes or for the United States to walk away
from this process.
Speaker 2 (01:18):
This comes as Secretary of State Marco Rubio withdrawals from
a major meeting in London aimed at bringing an end
to the war in Ukraine. Vance says the proposal would
freeze territorial lines at a level close to where they
are today. Elon Musk has announced the time he spends
on DOGE is going to decrease. It's going to drop significantly,
(01:38):
I would say. He says the role has taken his
eyes off Tessa, which has reported a huge drop and
profit and sales for the start of the year.
Speaker 3 (01:45):
On Tuesday, Musk blasted his detractor, saying that his work
at DOGE is critical and that it is mostly done.
In his words, plans to spend quite a bit less
time on DOGE starting next month and.
Speaker 2 (02:00):
To Rome and tens of thousands of queuing to pay
respects to Pope Francis.
Speaker 4 (02:04):
It is not surprised that there are such massive crowds
in sam Peter Square throwing this morning to see the
remains of poor Francis in queues to get into ques
both with then Saint Peter's itself and outside in the square,
and indeed extending further down into the streets surrounding the
Square of Sam Peters.
Speaker 2 (02:20):
Today the crowds are hopeful for just a short glimpse
of the two hundred and sixty sixth Bishop of Rome.
Of the two hundred thousand are expected to descend on
the Vatican the Saturdays of funeral and that's the agenda.
Speaker 1 (02:33):
Get ahead of the headlines on early edition. Where's one
roof to make your property search simple?
Speaker 2 (02:40):
News talks it'd be I'm very interested to talk to
the Minister of Commerce and Consumer Affairs, Scott Simpson this
morning about New Zealand Banking Association Association's new consumer protections
against fraud. They're going to roll these out over the
next seven months or so because we have been slow
in getting up to speed with battling scams in fraud.
The other hands, scammers, frauds does criminals that are siphoning
(03:02):
off hundreds of millions of dollars out in New Zealand
are just getting better at what they do. Banks have
claimed to have state of the art banking prevention, but
we are behind what other countries have implemented. And you
only have to look at some of the scams and
you can see there are gaps where by the bank
could have picked up a red flag and a transaction.
So look, anyway that we can reduce risk the better, right.
(03:25):
One of the things that they've done is release this
confirmation of pay your service. Have you used that? Have
you had to put a new paye in and use this?
I haven't been hugely impressed with it. It is, of
course for customers to check that the name of the
person they are paying matches the account number. It's a
really good idea, but it doesn't work because no one
gives you both the name of the company or the
(03:48):
name of the account and then the nickname of the account.
So I've done it about five times and not once
have they matched. And then of course we're all paranoid
because we don't want the headline to read. You know,
radio host just ignores the new you know, the new
protections put in place, and you know, sends money to
(04:10):
someone they shouldn't have. So then the next thing you know,
you're on the phone, you're ringing the people you're trying
to make as a payee and you're confirming it and
they're saying to you, oh yeah, we're getting lots of
calls about this. Anyway, it loses its power if we're
not using it correctly. So businesses need to be up
to speed with the information they provide, providing you with
those key bits of information so when you put it
(04:30):
in and you click the button, it goes, yes, you've
got the right person. Anyway, new commitments from banks mean
that if a bank fails to adequately warn and protect
a consumer from a scam, they will reimburse the victim
up to five hundred thousand. And this is excellent news,
but it's not going to help everyone and banks shouldn't
be responsible across the board if you lose money and
(04:53):
a scam. Being scammed is horrific. It's traumatic and life
changing for people. And they may have done things right,
you know, done their due diligence, ticked the boxes and
yet still got conned. But the bank can only be
responsible for their part in it if they had a
part in it and other words, failed to prevent it
(05:14):
when they could have. So to be honest, this does
sound like a fair approach. We're going to talk more
about this shortly. Can you hear your thoughts though? Does
that make you feel a little bit more comfortable that
the banks are stepping up and also that there's a
potential that you will be reimbursed if the bank's mister
mister step in things and you lose your money. Ninety
(05:36):
two ninety two is the text you're with Early edition.
It airs at twelve past five.
Speaker 1 (05:41):
News and Views You Trust has done Your day is
early edition with one roof make your Property search simple.
Speaker 2 (05:48):
News Dogs that be fourteen past five. So as I
was just talking about, Banks will be required to reimburse
fraud victims up to half a million dollars under the
new scam protections. The suite of measures also includes providing
a twenty four to seven scam reporting channel and banks
during information on scammers with each other to help prevent
criminal activity. The changes will be delivered through an update
(06:09):
to the Code of Banking Practice. Minister of Commerce and
Consumer Affairs Scott Simpson joins me. Now, thanks for your time, Scott,
Good morning.
Speaker 5 (06:16):
Good morning, Francesco.
Speaker 2 (06:18):
Okay, how involved were you in creating these protections?
Speaker 5 (06:21):
Well, our government's been urging banks take a greater responsibility
for protecting their customers for some time. So I'm the
government's lead on anti scams as Minister, and it's work
that I and my predecessor have been doing now for
well since this government came to office.
Speaker 2 (06:39):
Who is eligible for compensation if a bank fails to
meet these new protection commitments.
Speaker 5 (06:45):
Well, bank customers that meet certain criteria. And this is
not a regime that's going to mean that everybody has covered,
but that will mean, for instance, that if you take
responsibility for your online transactions, your banking transactions in a
way that is careful, prudent and responsible, the banks will
(07:07):
cover you if they have let you down as their
banking provider if you've been scammed.
Speaker 2 (07:13):
How effective has the confirmation of paye system been already,
because that the rollout of that's already been completed. And
I was just making the comment there that you know
it's not working at the moment because businesses aren't aware
that they need to give the account owner's name and
then a nickname. So every time I do it, it
doesn't match up. Scott.
Speaker 5 (07:31):
Ironically, Francesca, every time you use it it gets better
because it's exactly those sorts of things. So over a
period of time, for instance, if someone wants to send
me some money as Scott Simpson, or maybe my bank
account is s Simpson, that isn't a complete match. But
over time the banks get better at it. Now not
(07:52):
every bank is up to speed with it completely yet.
That's part of the reason why these new initiatives don't
come fully into effect until the end of November. It's
in order to allow banks time to get the processes
and the technology in place to have it up and
running completely.
Speaker 2 (08:08):
And to be fair, Scott, that's a user issue, not
necessarily the system issue. It's just us getting used to it,
isn't it.
Speaker 5 (08:13):
You know, Yeah, yeah, absolutely.
Speaker 2 (08:15):
Look having a look at the list of these measures,
I mean, banks are already doing some of these things,
aren't they. They're already sort of you know, shutting down
if they see a dodgy looking transaction and things. So
putting these measures officially in place, is it actually more
about allowing customers to hold banks to account.
Speaker 5 (08:35):
Yes, it will hold banks to account. But remember, in
the scam ecosystem, banks aren't the only player. There are
digital platform form providers who are the providers that allow
the scam. Sometimes to work. There are the telco companies
that allow messages to be sent over their networks, So
(08:58):
I want the other player in the scam ecosystem to
step up in the same way that banks have done.
They put a role to play as well, and I'm
hoping that we can get a similar set of protocols
from the telco companies and the digital platform providers as well.
Speaker 2 (09:14):
So you're happy with what the banks have come up
with here or would you like them to continue sort
of moving forward in the space.
Speaker 5 (09:21):
Well, this isn't a silver bullet. Scams are very prevalent.
Scammers are very clever, they're very persistent, they're very energetic.
So this isn't going to stop all scams, but it
is a very big step forward. I'm delighted that the
banks have taken this initiative in conjunction government. It's a
very good step. I want others to do the same
sort of thing. But it just means that people still
(09:43):
have to be careful, they still have to be prudent,
and they still have to be alert and aware of
what they're doing in terms of their banking transactions and
their digital interactions and the interactions they have with their
telco companies as well.
Speaker 2 (09:55):
Scott, thanks so much for your time this morning. That
was the Minister of Commerce and Consumer Affairs to hear
what you think about the actions that the bank have taken.
You can text on ninety two ninety two right. Ninety
one percent of keyp WE workers are using generative AI
to assist them in their day to day tasks and
apparently we're really open about it now, we're all admitting it.
We find out what impact though it might be having
(10:17):
on the importance of human employees. Next, it is eighteen
past five.
Speaker 1 (10:21):
You with early edition, Rely edition with one roof I
make your property search a simple news talg Sidby.
Speaker 2 (10:29):
It's twenty past five. New research from Robert Harf finds
ninety one percent of workers are using AI to help
with their day to day tasks and ninety three percent
are open with their higher ups about using it, but
as it reducing the importance of human employees. Tech commentator
Oscar how is with us this morning?
Speaker 6 (10:45):
Good morning, Oscar, morning Francesca, thank you for having me on.
Speaker 2 (10:49):
It used to be seen as almost cheating, didn't it.
We sort of hit the fact that we might be
using AI, but is the perception of AI changing.
Speaker 6 (10:56):
I think so. I think a lot of employees, especially
in traditional desk rolls, really opening themselves up to using
AI and their daily jobs, and they're not afraid to
be talking with their managers about it.
Speaker 2 (11:09):
Why are we suddenly so open about using it?
Speaker 7 (11:12):
I don't know.
Speaker 6 (11:13):
There was almost a shift in the culture. Really, a
new research out of Robert Half of the crypt agency
you mentioned fifty six are using it on a daily
or near daily basis. You know, maybe the advancement of
some of these AI tools that were seeing are making it,
you know, are making their workloads so their ability to
work so efficient that it's something that you kind of
(11:34):
just have to bring up, you know. I mean, if
you can turn around a report in thirty seconds that
might have taken you a week, perhaps your manager may
have started off in questions, so it might be it
might pay to be forthright in these situations.
Speaker 2 (11:46):
Yeah, I mean, I've been told by a few HR
people that actually, these days, you know, they are looking
for people who understand how to use it, as opposed
to once upon a time, you know, implying that you know,
kind of cheating on your job.
Speaker 7 (12:01):
Yeah.
Speaker 6 (12:02):
No, I think it's becoming a real staple of a
lot of desk jobs. And I think, like you mentioned,
businesses are looking for people who have more than just
a cursory understanding of how AI works. Obviously, it's allowing
people to become more efficient. It's allowing them to get
their work done quicker and takes a lot of the
workload off. And yeah, I mean there's also the fact
(12:24):
that it can help, you know, having an understanding of
AI can help you, you know, spot scams, spot when
it's used maybe not so well. And yeah, I think
it's just improving people's ability to work.
Speaker 2 (12:38):
What are the impacts of such a huge increase? Are
we putting jobs at risk?
Speaker 6 (12:43):
I mean, that seems to be the fear at the moment,
right And I almost wonder if a lot of these
people who are upskilling in the use of AI might
be doing so with that understanding that perhaps, you know,
if they're not on top of things, will maybe coming
to their jobs. I mean, at this point, eight percent
of work are sampled in this survey said that they
(13:04):
think it's necessary for career success in the future. And yeah,
I tend to agree because I mean, if you, like
I said, like we said, it's so powerful and it
can turn around a lot of these creative or desk
roll you know, for a lot of these jobs. That
can turn around a lot of this work so quickly. Yeah,
I think there's a real possibility that some of these
roles might find themselves outpaced by technology in the next
(13:25):
few years.
Speaker 2 (13:25):
Oscar, thank you so much for your thoughts this morning.
Really appreciate it. And of course we were talking yesterday
about the Oscars and how they've mentioned that, you know,
if you happen to use AI in your film, that
doesn't mean that you won't win an Oscar. You were
still eligible and have an opportunity to win one of
the big Oscars. The reason they had to say that
was because actually, somewhere along the line in Hollywood, when
(13:46):
someone makes a film, AI is being used, whether it's
being used in the production stage and the post production stage,
Somewhere along the way, everybody's quietly using it. They didn't
want to admit it, but they are actually all quietly
using it in different ways. It is twenty four past five.
Speaker 1 (14:03):
It was Newstalks a B See Fily Edition full show
podcast on iHeartRadio. Power It by Newstalks at B.
Speaker 2 (14:10):
It's twenty six past five. Sometimes being the grown up
in the room is deeply unfulfilling. Pragmatic, sensible, considering consequences,
taking a long term view. They're all good, admirable words,
and we should take some solace in them. But sometimes
I think we'd rather just throw a plate at the wall.
And so it is with the government's response yesterday to
(14:31):
the Trump tariffs, essentially to roll over and take it. Understandable, sure, sensible, yep. Frustrating,
very The government confirmed we're not in the queue to
negotiate a trade deal with President Trump's administration, nor are
we interested in taking legal action over it, and the
tariff hit will come after export has had an excellent
March and it's a shame the party music has had
a bum note. We want the growth, we want good
(14:53):
export news, but without the dark tariff cloud lingering in
the distance. As Trade Minister Todd mcla yesterday, we probably
couldn't negotiate between below the current ten percent rate, and
the legal process would be a long winded affair that
would probably go nowhere. And I'm presuming, like the majority
of us who aren't diplomats and haven't been in a
room negotiating a trade deal. This is a well considered plan,
(15:15):
one based on experience and insider information, but perhaps also
because making a fast good have unintended consequences and result
in even higher tariffs. It also makes sense to keep
our head down into our two biggest trading partners, China
and US have sorted out their own tiff. We need
to ensure both of feeling valued by US and not
be seen to take sides as we focus on growing
(15:37):
our trade markets. Will the plate throwers get sensible? Trump
stated during a White House a White House news conference
that the final tariff rate with China would come down
substantially from the current one hundred and forty forty five percent.
He said the US would be very nice to China
and not play hardball. Trump's remarks towards China come on
(15:59):
the same day that i AM released a new report
showing the United States faces the biggest downgrade among advanced
countries due to the increase in tarists and the uncertainty
of cause. The IMF predicts the US economy will grow
one point eight percent this year, down from the estimated
two point seven percent, and there's a forty percent chance
of recession. So as this a case, of Trump blinking
(16:21):
and a first sign of some steps towards stabilizing global trade.
This as a move by Trump to calm the nerves.
The markets short responded well to both Trump's tariff call
on China and his remarks he has no intention of
firing the Federal Reserve chair. I don't think anyone knows
what's to come next or how Trump will respond to
(16:42):
Chinese social media hashtags such as Trump admitted defeat. But
I much prefer the adult Trump rather than the one
throwing plates. In the meantime, New Zealand shall remain patient
and diplomatic, settle in and see what change may occur
again before the ninety day pause is up. Francesca, it's
(17:05):
a little bit like the market yesterday. Did you did
you have a sort of a bit of a sigh
of relief from Trump's comments? I mean, we know it
is hard to predict what will come next, but do
you feel like there might be some light at the
end of the tunnel when it comes to settling these
trade walls? Or you're not holding your breath? You might
as welcome to text me on ninety two ninety two
(17:27):
news is up next to you're with early edition on
Newstalks edb Benet to.
Speaker 1 (17:41):
The next two the news you need this morning and
the in depth analysis Early edition with one roof make
your Property search Simple News Talk ZB fine, good morning.
Speaker 2 (18:12):
This is early edition on Newstalks. They'd be I'm Francisca
Udkins filling in for Ryan today. Thanks for being with
us and the next half hour. Elon Musk has finally
given into the call from Tesla to return to the company.
What does this mean for DOGE? And the Ministry for
Regulation has done a review into early childhood sector. The
government recognizes that the current regulation system is outdated and overburdensome,
(18:33):
and the sector agrees, but there is some concern from
the sector about the lack of detail and some of
the recommendations, in particular around the qualifications teachers will need.
They don't want to see a less qualified workforce and
I'm sure that parents don't either. So we're going to
talk more about this before the end of the hour.
Thank you very much for your feedback. Someone said, the
(18:54):
beneficiaries don't give you that going back to the banks
and the pay confirmation, the beneficiaries don't give you the
nick that's the name you create to remember the beneficiary.
It's just the count name and number. Yeah. No, I
did get to that point and I put that in
and it's still didn't work. And when I contacted each
of the pay the paye that I was firing trying
to fire the money off to, they gave me a
completely different account name. So I think it's just it's
(19:16):
says we're all don't worry. As I said, it's user
error on my behalf as well. It took me a
while to get there, and but you know, I was
trying to set up a payment for a university hall
and when I rang them, the first thing I said
it was, oh, yeah, we're getting this all the time.
Here we go, here's the correct here's used this name.
And they gave me a completely different company account name
and it worked brilliantly, but nowhere was it to be
(19:37):
seen on the original voys. Anyway, thank you very much
for your feedback. You can keep the text coming. On
ninety two ninety two, it is twenty one to.
Speaker 1 (19:45):
Six News Talk said be.
Speaker 2 (19:49):
Right joining me now, we're going to head around the
company and joining me now from Dunedin is Michael Sirkle.
Good morning, good morning, and we've got the world's smallest
penguins and making history.
Speaker 8 (19:58):
In Olmu, so called Blue Penguin Colony has begun laying
eggs almost three months earlier than usual. This apparently indicates
a healthy and successful marine environment. This is a first
for the local colony and it's only the second time
it's ever been recorded in the whole country. The public's
being urged to tack here though, after a male penguin
was found dead after getting tangled in a discarding fishing line.
(20:20):
It was found near the popular fishing spot Homes Wharf
a few days before Easter and unfortunately had to be
out put down.
Speaker 2 (20:26):
Oh that is sad news. What's stone Edin's weather today, Michael?
Speaker 8 (20:30):
Oh it's a nice one, fine like Win's fourteen degrees beautiful.
Speaker 2 (20:33):
Thank you so much. And joining us now from Christchurch
is Claire Sherwood. How are you, Claire?
Speaker 9 (20:37):
Good morning.
Speaker 2 (20:38):
Now. Twenty names, only twenty names have been drawn from
hundreds of hopefuls to be the first to step inside
the new stadium.
Speaker 9 (20:46):
Yes that's right, Francesca. In fact, one thy six hundred
and sixteen hopefuls tried to get a chance to look
at the new stadium, but twenty people have been drawn.
One new Zealand Stadium at Takaha will open to this
very exclusive group, which was literally drawn from a hat
for next month's Open christ Church Festival.
Speaker 10 (21:03):
Now.
Speaker 9 (21:03):
Raylen Palmer is one of them. We spoke to her yesterday.
She can't believe she'll be one of the first, outside
of of course construction staff and officials. She says, it
has been amazing, like many of us, to watch it
grow throughout construction. It's quite nice for Raylein. She actually
worked for the Crusaders for seven years, so she saw
it throughout the earthquakes and the temporary stadium being built,
(21:24):
so to be able to see the new one feels
like a full circle moment. Experts will also be there.
It's going to be a one hour guided tour on
May four.
Speaker 2 (21:32):
What about the media? Clear have you got on there?
Speaker 6 (21:34):
No?
Speaker 2 (21:34):
Not even us? Okay, seems rough and the weather today.
Speaker 9 (21:38):
In christ Church frosty to start, it will clear to
a fine day light winds and fourteen and Max.
Speaker 2 (21:43):
Toll is with us and Wellington. Good morning Max. You
got a bit of an a shoe with some in sex.
Speaker 11 (21:48):
Yeah, a interesting story here. Residents in a Wellington coastal
suburb complaining about an infestation of millipedes that has even
made some express regret and buying in the area. This
is orfeedo or Bay, which is just around from Island Bay.
Speaker 6 (22:06):
It's seeing a.
Speaker 11 (22:07):
Massive surge in Portuguese millipedes, which enter homes at night
in the hundreds. They're attracted to light. The regional council
reportedly doesn't have any immediate plans to tackle the problem.
We spoke to a local who complains that these millipedes
and they come into the house, they excrete, a smelly
liquid that stains the floor. Doors and windows blocked with
(22:27):
towels don't help either. Really bad problem for about two
months now, apparently.
Speaker 2 (22:32):
I've just googled them. They're not particularly cute either.
Speaker 11 (22:35):
Not close up.
Speaker 2 (22:35):
No, no, not really. Wellington's weather today.
Speaker 11 (22:38):
Max mostly fine today, light winds peaking in the mid teens.
Speaker 2 (22:42):
Thank you so much. And neither writty man who joins
me out of the studio, so we've both got the
kick was explaining the millipede issue got to me. I know,
I had no idea, No, because they're tiny, powerful, powerful
and okay neither An Auckland restaurant has had its food
(23:04):
grade lower to a d after a person shared video
of and here we are laughing at Wellington's story. A
person shared video of fish dry on a clothesline.
Speaker 12 (23:14):
It's like going for one stupid store in Wellington to
a stupid story.
Speaker 2 (23:17):
Here in Auckland, we've got a long weekend.
Speaker 12 (23:19):
Oh I'm glad too, So yes, you're right, Francesca. So
this video shows dozens of fish while it's hanging from
stainless steel hooks. That's right on a clothesline in a backyard. Now,
the owner of Mount Albert Barbecue noodle House nine three
two claims that the fish isn't there is and actually
belongs to a neighbor who was using it for personal consumption.
(23:41):
So this is not to be confused, because apparently that
there's another Mount Albert Barbecue noodle House and it's right
next door and it's nine three zero. The cousins, they're cousins,
and so they both claim to be you know, the
original noodle house. But this one here, who's been you know,
like slept over the knuckle, is nine three two. So
(24:02):
what they've done is that the Auckland Council they've issued
them with the notice and they've said, look, this is not.
Speaker 13 (24:08):
Acceptable to dry any food in this way. Well you'd
think not, eh.
Speaker 2 (24:12):
Do you think your cloth it smellab it? If you
use this line after you just pegged on your T
shirt and the edgin and.
Speaker 4 (24:18):
Even just aren't my things?
Speaker 13 (24:20):
The flies everything that will be you know, that would
be coming around, you know if you've got them on
the clothes line and you've got the fish hanging there,
wouldn't you think of all the insects and the flies
and what are though the millipedes? And from Wellington? What
big jumping on the clothesline there? Goodness my right up.
Speaker 2 (24:37):
Auckland's weather today fine but cloud early morning. Twenty is
the high here neither. Thank you very much. Have a
lovely long weekend. Next up we are after the US.
Mitch mcckenn is with us. It is sixteen to six.
If you're looking for a place to retire in Auckland,
you'd be hard pressed to find a nicer spot than
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(25:00):
That's where the Halia comes in. If you're thinking about
your dream retirement, you should be thinking about Hallia by Oceania.
The Hallier is a modern, beautiful, boutique retirement residence with
a welcoming community and fabulous staff. Everything at the Halia
is designed with you and mine, from the premium amenities
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They even have a team to look after the maintenance
(25:20):
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you want to do. This is retirement living you've been
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from one million, four hundred and fifty thousand, it's within reach.
To learn more and to book your visit. Searchthhalier dot
co dot.
Speaker 1 (25:37):
NZ International correspondence with Enseneye Insurance Peace of Mind for
New Zealand Business.
Speaker 2 (25:46):
And Mitch mccannon is with me now from the US.
Speaker 14 (25:48):
Good morning match, Good morning, Francisca.
Speaker 6 (25:50):
How are you.
Speaker 2 (25:50):
I'm very good. Thank you. So Tesla has finally drawn
Elon Musk back into the fold.
Speaker 14 (25:56):
Yeah, that's right, And the reason for that, perhaps is
that a report it's first called earnings yesterday. Tesla are
the electric vehicle maker, and it wasn't good. In fact,
it was billions of dollars short of what Wall Street
had actually predicted. Over the last couple of months, Tesla
stock has fallen immensely. Right sales have been lagging in
(26:16):
Europe and the United States, but also people have been
attacking dealerships because of Elon Musk's role in the Trump administration. Now,
in an earnings call yesterday with investors, Musk said in
May he will be spending significantly less time in the
White House as he goes back to work for the company.
He says he'll still be working for Donald Trump whenn't required,
but that might only be one or two days a week.
Speaker 2 (26:39):
Now.
Speaker 14 (26:39):
As a result of that, Tesla's share price has been soaring.
It was up seven percent at one point this morning,
Investors happy he might be leaving the White House.
Speaker 2 (26:48):
Match sure, yeah, really quickly. It looks like they could
potentially be a deal between the US and China. And gosh,
the markets loved this news, didn't they.
Speaker 14 (26:56):
Yeah, it could be getting close to the Treasury Secretary
this morning. There's an opportunity for a big deal here.
And the Wall Street Journal reports so that terifright of
a whopping one hundred and forty five percent on China
from the US could come down to around sixty percent.
The markets of loving it been loving it. At one
point today the Dow Jones was up one thousand points.
So finally, Francesca some good news on the markets here
(27:19):
in New York.
Speaker 2 (27:19):
Thank you much. Nice to catch up right. Concern from
early childhood educators that proposed reforms would put business over children.
The government has recognized that current ECE regulations are outdated,
but the sector says changes could love with the standard
of teachers. Early Childhood New Zealand CEO Kathy Wolf is
(27:40):
with me now, thanks for your time this morning.
Speaker 7 (27:42):
Kathy Mariner.
Speaker 2 (27:44):
Do you feel listen to from the results of this
review where you're happy with the general gist of it.
Speaker 7 (27:50):
We will look we call for the review and the
general gist of it in terms of addressing some of
the cumbersome and complicated processes and overburdened some administration, Yep,
there's good things from there. However, some of the recommendations
are nine and definitely recommendation ten is something that we
are not very happy about at.
Speaker 2 (28:09):
All, and you came from more detail on this. How
concerned would a move away from qualified teachers be.
Speaker 7 (28:16):
Very concerning qualified teachers are trained to educate our youngest
children and they understand the development emotionally and intellectually for
children from a vreative five and for school children to
be prepared for school. They need that education and the
(28:37):
qualified teacher is what is required to provide them that education.
Speaker 2 (28:40):
And why do you think there would be a move
away from this? What's the reasoning behind it?
Speaker 7 (28:47):
It's mostly about fundings. They're also saying it is around
teacher shortages, but there's absolutely no link to teacher shortages
and qualifications. The cause and effect of teacher shortages is
that we just haven't had a decent workforce strategy that
managers supplying the month.
Speaker 2 (29:07):
How do you want to see the balance between business
and children stuck struck here when it comes to looking
at these reforms.
Speaker 7 (29:13):
Look, every early childhood service is a business, whether you're
in community based service or a for profit service. At
the end of the day, you've got to run a
viable business in order to give back to the ken community,
but also make sure children are educated well. So you know,
and we're also publicly funded and we have to be
accountable for that public funding. So for us, it is
(29:35):
really important that that is the key thing about the
public good and upholding the public good of education and
at each other.
Speaker 2 (29:43):
Because it was a long it was it was quite
a fight. Wasn't it a while ago to get you know,
more qualified teachers into early childhood education. I can remember that,
and of course the big at that time, the big
negatives going to cost us more because we have to
pay qualified people and things. But I'm pretty sure that
most parents out there would really like the workforce to
remain qualified.
Speaker 7 (30:04):
Absolutely. I mean, if you want, if you put your
child into an early childhood service, you want to know
every single day that your child is not only getting
the best care and their well being is looked after,
but they've been educated with a qualified person who understands
how a child develops. And that can be the difference
between an unqualified person who could have an impact on
(30:26):
a child through a perverse situation, where a qualified person
would absolutely know how to deal with the situation, and
that impact on a child can last for a very
long time.
Speaker 2 (30:37):
And can you any other major issues with the reforms.
Speaker 7 (30:41):
At this stage, It's just going to be really about
working with the government and the ministry around the changes,
especially around the criteria for the licensing. So that'll be
a work in progress, as seymore mentioned, over the next
next week, while the Qualification one is going to be
a very big focus for the sector and there will
(31:01):
be very big pushback on this one.
Speaker 2 (31:03):
Tathy. I'm just wondering while I've got you, if I
can ask you about the data and the Herald this
morning that revealed the government's estimate of the number of
families eligible for the full Family Boost payment was wrong.
Just yeah, two hundred and forty nine out of the
twenty one thousand the Government seed were eligible have actually
received that maximum amount. The real number of families eligible
(31:24):
is unknown. What are your thoughts about that?
Speaker 7 (31:27):
Well, we always said that the Family Boost was flawed.
It doesn't reach the families that it should reach. And
also there's a few hoops the families have to jump
through to even get access to that, and they only
get access it after that paid three months and then
they get repaid for that, and many families don't have
that money upfront. So we're hoping that Minister Seymour really
(31:50):
has a look at the funding for early childhood and
we really make a fitful purpose for both fairly child
and services as well as parents to get the system
fixed and working how it should be.
Speaker 2 (32:03):
Thank you so much, Kathy. I really appreciate your time
and your thoughts. A sting that was Kathy, Thank you Kathy.
That was Kathy from Kathy Will from Early Childhood, New Zealand. YEA,
that was a bit embarrassing those figures that were released.
But Nicola Will have said that the id's advice was
based on its best estimates at the time. Unfortunately they
(32:24):
got that wrong. But the ID found the modeling for
Family Boost challenging because it didn't have reliable data. So
apparently now they are trying to get as much reliable data,
but there's other things that complicated as well. There's a
possibility that some people went, oh, it's not worth applying
for it because I'm not going to get a huge
amount back, or they haven't got around to cleicking up
all those receipts and applying for it yet. But hopefully
(32:44):
they'll be able to get that sorted as soon as possible.
It is a six to six. My cost ginger is
in the studio next.
Speaker 1 (32:51):
The first word on the News of the Day earlier
edition with one roof will make your property search simple.
The news talk said.
Speaker 2 (32:59):
Be coming up at Sex is Mike Hoskin and he's
in the studio with me. Now, what do you got
on the show, mate.
Speaker 10 (33:04):
Well, I'm just, I'm just I've been watching Ronee Oh Sullivan.
You know, the snooker No, okay, I don't.
Speaker 2 (33:12):
Want anyway, Nobody fascinated.
Speaker 10 (33:14):
The story is no, no, no. So the World Championships
are on right now and this is the this is
the thing. This is a place called the Cruciball go
to a snooker games. It's amazing. Anyway, Roneoh Sullivan he's
the greatest snooker player of all time. In dispute and
no one disputes Okay. He hasn't been playing since January.
He has a lot of mental health issues and so
he's thinking, I don't need this anymore. Shallow play cha anyway,
(33:36):
So there's been tremendous anticipation as to whether he will
turn up at this tournament, and he has and he's
just played his open round and it's over a couple
of days because there's a large number of frames. Anyway,
he's playing a guy called Ellie Carter, and there's a
bit of beef between Ronnie and Ellie, and so that
gave it a freshont anyway. So the first frames of
five to four, this was yesterday, so overnight he plays
(33:56):
the second series of frames first and nineteen and he
comes out and he destroys Ellie, absolutely destroys him, and
he's playing like the old days and it's just so
exciting anyway through to the second round. So that's what
I've been doing, not but that will be reflected on the.
Speaker 2 (34:11):
Show that I think I might have got confused with
dance Darts looks like a fun totally different sports.
Speaker 10 (34:15):
Franchesca completely good time and players. You have a good weekend.
Speaker 2 (34:19):
Mike Cosking is up next. I'll see you tomorrow morning
at nine. Have a good long weekend.
Speaker 1 (34:25):
For more from Early Edition with Ryan Bridge, listen live
to news Talks it'd be from five am weekdays, or
follow the podcast on iHeartRadio.
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