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February 23, 2025 34 mins

On the Early Edition Full Show Podcast for Monday the 24th of February 2025, The Government's announced an overhaul of the Overseas Investment Act, Business NZ's Catherine Beard shares reaction from businesses.  

The Prime Minister is heading to Vietnam this week for bilateral talks, Chief Executive of the NZ Asia Foundation Suzannah Jessep tells Andrew Dickens what she'd like to see from the meeting.  

Andrew shares his thoughts around the Chinese Navy planting ships around the Tasman Sea.  

The Vatican announces the Pope’s condition has worsened and continues to be "critical" after suffering a "prolonged asthma-like respiratory crisis" Europe Correspondent Gavin Grey shares the latest.  

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Speaker 1 (00:01):
The issues is the interviews and the inside. Andrew Dickens
on early edition with one roof Make Your Property Search Simple,
u S Talks.

Speaker 2 (00:11):
Hit be.

Speaker 3 (00:13):
Welcome morning to you, and welcome to the new working week.
And I'm Andrew Dickens and I'm here for the next hour.
And coming up in the program, the Prime Minister is
off of Vietnam this week. What can we hope from
closer trading ties. We'll have that story for you in
about five minutes. We're going to wrap the weekend sport
in ten with Andrew Ordison. We'll look in on the
condition of the Pope with Gavin Gray. And the government's

(00:34):
announced a overhaul of the Overseas Investment Act. It's going
to make it easier for our businesses to receive international investment.
But will it work? That story just before six will
have correspondence from around New Zealand and the world and
you can contribute by sending text small charge does apply.
Ninety two ninety two is the number, or you can
email me Dickens the IC K E N s at

(00:54):
Newstalk shatb dot co dot N send the agenda seven
after five on Monday, the twenty fourth of February, Pope
Brancis is in critical condition and hospital. The eighty eight
year old Pope has asked ethics to pray for him.
He continues to receive treatment for double pneumonia.

Speaker 4 (01:13):
It's really sad to see that he's gotten worse and
he's in a worse than critical condition.

Speaker 5 (01:18):
Up until recently looked like it was just a small
illness that was going to be okay.

Speaker 2 (01:23):
But now it is quite.

Speaker 4 (01:24):
Concerned and theasure we're very very sorry, we're here worried
for him.

Speaker 3 (01:29):
We'll say a lovely prayer. A Ukraine's president Voladimir Zelenski
says he would give up his presidency in exchange for
a Ukraine NATO membership. It comes after Russia lordsh an
unprecedented number of drone attacks at the country overnight. Thirteen
regions were targeted on the eve of the third anniversary

(01:50):
at the start of the war.

Speaker 5 (01:51):
If it is for the peace of Ukraine, if you
need me to leave this chair, I'm hoping I'm ready
to do that, and I also can it change its
for later membership for.

Speaker 3 (02:03):
Your craying and Germans are going to the polls to
vote for a new federal government right now after the
three party coalition fell apart at the end of last year,
prompting a snap election. I'll tell you more about this
as we go on. The favorite to win is Frederick Metz,
a sixty nine year old Conservative leader. Fifty nine point
two million Germans are eligible to vote, and while millions

(02:24):
already had by post, polls indicate as many as twenty
percent were undecided ahead of this day.

Speaker 5 (02:30):
For young people, it's very hard to find any space
to live, like you don't get a lot of money
in your job, and there's also no space in big cities.

Speaker 6 (02:39):
Yeah. Immigration is also a big problem for many people.

Speaker 3 (02:43):
I think, yeah, I think yeah. More on this in
just a few months time. It is now nine minutes
out of five.

Speaker 1 (02:49):
The News you Need this morning and the in depth
analysis early edition with Andrew Dickens and one roof Make
your Property Search Simple News Talk Sippy.

Speaker 3 (02:59):
Yes, welcome, and I'm feeling for Bryan who's on the
Drive show. I read over the weekend that fran Wild
is going to contest the South Wiled Upper Menoralty. She
remember her, She is the former Wellington man. She lives
there now. She lived in Greatown, I think, and she
sat there and people said why don't you, and she thought,
why not? I don't really mind fran Wild It would

(03:22):
have been nice if she had sorted out Wellington's wastewater
back in the day. But I could have said that
about many mayors. She got some stuff done. She particularly
made the stadium, you may remember. But in the middle
of this article about frame while going for the Wildered
Upper manyoralty, there was a sentence that stood out like
the proverbial. She said, years of really cheap rates and
under investment in infrastructure have now caught up with many councils.

(03:45):
And she says it's worse than Wildered Upper than for
some other small councils. Wiled Upper as in a terrible position.
Do you think two out of the district's three wastewater
treatment plant, so two out of their three wastewater treatment
plants are at capacity. Can't take any more?

Speaker 6 (04:06):
You know what?

Speaker 3 (04:07):
There are construction bands in martin Borough and Greytown. You
can't build, you can't develop, you can't renovate, you can't
get bigger. There is no date for these restrictions to end.
The region has come to a stop. Some residents like
it like that, but I don't know about you. If
you stop, you're going backwards. And what happens if you

(04:27):
are a business and you're going forwards and you can't
even actually expand in any way, shape or form. That's
what's happening, and wide it up now. Fran Wilde says
the bands were the right call, but she also warns
that excessive rate hikes could kill the region. The wrong
call and this drives me insane. It doesn't drive you insane.
The wrong call was made back in the day when

(04:50):
the voters voted for the candidates who were against rate rises.
You voted for the region to stagnate for the sake
of your own back potter. It's happened in cities and
towns all over New Zealand. I've seen so many mayors
come up and say I will not raise the rates,
when in fact they should have raised the rates and
they should have built some wastewater plants. Therefore, the next generation,

(05:12):
the people, the youngsters coming through right now, has nothing
to thank you for. Because honestly, if you ran your
house this way, okay, no more money spent on the house,
the house would fall down. And if you weren't paying
off your debt, the bank would foreclose. This is no
way to run a house, there's no way to run
a town, and there's no way to run a city.

Speaker 1 (05:35):
Andrew dickens the.

Speaker 3 (05:37):
Germans are at the polls right now. Key issues as
you heard at the state of the economic migration that's
a big one, and Ukraine's war with Russia. The main
opposition and former party of Angela Merkel, the Christian Democrat
Union here on after known as the CDU, are currently
leading the polls with the support of twenty nine percent
of the voters. They've led by a light conservative by

(05:58):
the name of Philertick Maya, sorry Mattz. Looking at four
years of poll results, only one party is trending upwards
right now, and that is the right wing Alternative for
the deutsch Land Party, which has twenty one percent from
now and we'll call it AfD because it's easier. So
just to remind you how it went down last November,
chancell Olaf Schultz of the Social Democratic Party center left

(06:22):
and the leader of this leftist coalition, fired as finance minister.
Schultz then lost a vote of confidence that triggered a
snap election and early parliamentary elections that were announced in December.
Right After that, Elon Musk waded into the campaign voicing
his support for the AfD, remembered them the far right
alternative for Germany Party AfD, so the Christian Democrat Union

(06:45):
that CDU is polling at more than thirty percent. They
look like they're destined to be Germany's largest party and
returned themselves to the helm of German politics. But they've
taken up a much more aggressive policy towards immigration and
then was seen during the merkele ERAa of era of
open borders. So they can now be seen working with
this new right wing AfD. So is Germany heading right, which,

(07:09):
considering their history, is a big step. That question answered.
As the day goes on, Andrew dickens and the Prime
Minister is off to Vietnam. Luxon says Vietnam is a
rising star of the Southeast Asia, one of the fastest
growing economies in the region. He's going to Hanoi in
Ho Chi Min City. He wants to get trade up
to five point two billion dollars. Can he We'll talk

(07:31):
with Suzanna and Jessip from an Asia of New Zealand
Foundation in just a moment.

Speaker 1 (07:37):
Get ahead of the headlines on early edition Andrew Dickens
and One Roof to make your property search simple. News
Talk zid Be.

Speaker 3 (07:46):
It's is sixteen minutes after five. The Prime Minister after
Vietnam this week for bilateral talks. It comes as the
New Zealand to Asia Foundation put out a report which
explores potential ways that we can improve this relationship with Vietnam.
It includes things like strengthening trade and stuff like fashion
and food and collaborating on defense and security matters, which
are something the top of mind.

Speaker 6 (08:06):
Have you noticed.

Speaker 3 (08:07):
Susannah Jessap is the chief executive of the New Zealand
Asia Foundation and joins you this morning. Good morning to
says Anna.

Speaker 7 (08:14):
Good morning Andrew. It's lovely to join you.

Speaker 3 (08:15):
Very good. Now, look, when we talk about Asia trade,
we know about Indonesia and China, but how much of
a powerhouse is Vietnam these days.

Speaker 7 (08:23):
Yeah, it's good to think of Vietnam as a pacesetter
in Southeast Asia. It's as you noted, and you're opening
one of the fastest growing economies in the region, I think,
averaging around seven percent. But it's also one of the
most youthful countries in Southeast Asia, which is really helping
to drive that consumption and demand. Because of that, it's

(08:44):
attracting a lot of attention. Is what's called a China
plus one investment destination, where Vietnam is increasingly be chosen
by countries because it's stable and because of that growth
increasingly influential. So for New Zealand, that's really about connecting
to this growth, as we did with China.

Speaker 3 (09:04):
How do you say the name? How do you say
the name? You say Vietnam, I see Vietnam. How should
we say it?

Speaker 1 (09:10):
Oh?

Speaker 7 (09:11):
Either, I mean it's an extent. No, No, you're good.

Speaker 3 (09:15):
Well, if we're working on a bilateral relationship, it always
pays to actually get the name right, you know what
I mean? Yeah, yeah, okay, absolutely, Okay. So this is big,
So you've been studying it. Where can we what can
we offer to each other to strengthen this relationship?

Speaker 7 (09:30):
Yeah, Well, in the past, as you rightly noted, it
was much about New Zealand offering development, sport to Vietnam. So,
for example, in the early nineteen sixties, we were a
gentleman called Dtr Michael Sheckleton and his team were offering
medical care in sort of treatment during the Vietnam or
whereas today, it's much more about mutual opportunity, so looking

(09:54):
at areas of agritech and food production, or looking at
New Zealand providing education services. But you know, we had
forty thousand New Zealand tourists go to Vietnam last year,
so that two way services trade. Fisheries management is another
area of priority for Vietnam, helping with energy transitions, so

(10:16):
both looking at clean green energy options, particularly as AI
comes into alone.

Speaker 3 (10:22):
Good. In your report you also mentioned defense, and of
course our thoughts are about defense because of the activity
of Chinese naval ships near Australia and New Zealand. You know,
what do you make of all of this and how
could Vietnam help us in defense?

Speaker 7 (10:39):
Yeah, like late New Zealand, naval and coastal defense is
Vietnam's number one focus. So they have the South China
Sea which has claimed parts of Vietnam's Exclusive economic zone.
But there's also concerned along the Mekong River of militarization
and for trade for excess of vessels. So we two

(11:01):
are concerned that our region not be militarized and so
we would look to work together for modernization of our
militaries for exercises together human and disaster relief assistance and peacekeeping,
but coming together as two militaries where we want to
see freedom of navigation and a peaceful, secure region.

Speaker 3 (11:24):
Don't We also saida thank you so much for getting
up earlier for us as an and jessap is the
chief executive of the New Zealand Asia Foundation. And all
of a sudden, we are thinking about China. I've had
some thoughts about that before. Also the Cook Islands. It
is a five twenty Andrew Ordison's here in a moment
to update sport. We'll talk about Joseph Parker. What a pity.
I think Joseph Parker was looking great and he dealt

(11:45):
with the ringing very quickly. Though I feel for the ringing.
But what is next? He called out, Alexander Usik. Could
that possibly happen anyway? Orders is here next. The time
is five twenty.

Speaker 1 (11:55):
On your radio and online on iHeartRadio. Earlier edition with
Andrew Dickens and one roof Make your Property Search Simple
youth talk.

Speaker 7 (12:05):
Said be.

Speaker 3 (12:07):
Andrew Ordison joins me with the time of five twenty two.
Hollow orders greeting's Andrew, Let's work our way from now
back into the past. So right now we've got India
versus Pakistan, one of the great games in world cricket
happening in Dubai. Why can't they play it in Pakistan
or India.

Speaker 8 (12:22):
Well, I think there's the political division there and the
Indian government stepping in and deciding that they wanted to
and when India talks and cricket, everyone listens. So they've
played it in Dubai and India have triumph. They've really
just dominated Pakistan this morning, reaching two forty two in
the forty third over very coally, getting to his what

(12:45):
will be a fifty first ODII century one hundred not
out at the end. So control performance.

Speaker 3 (12:51):
We when we defeated them and I thought, hello, looks
like ver it's over, you know. And then he's had
a good run. It's over. It's over. Now he's back,
and that was just the point we've got with us
coming up. Yeah, that's exactly right. Also, huge scores in
Australia versus England. Yeah, thats straordinary, yeah, big, big yeah.

Speaker 8 (13:09):
Especially I think getting what to three fifty two or
fifteen balls to spare, fifteen balls to spare, come on,
it's just extraordinary. Numbers, isn't it swe T twenty just
comes to you just can't really.

Speaker 3 (13:21):
Get a gauge on it. Now, Okay. The next story
was Joseph Parker, who was absolutely swizzled of having a
chance because he looked fit and he was ready to go.
And this poor guy fought against Flew for two days,
arrived at two o'clock, turned up wobbling all over the place.
He was enormous, but didn't He lasted only one in
a bit. It was quite the roady for Martin Cole.

Speaker 8 (13:42):
He was it from from the Congo to get across
there to Rhead in Saudi Arabia. And you're right, I
mean Parker, he said, this resurgence his career.

Speaker 3 (13:51):
I think, what's that?

Speaker 8 (13:51):
Six wins is the last six spouts? And yeah, he
was primed and ready to go, and how disappointing for
him that.

Speaker 3 (13:59):
Was caught out Usik and said, come on, let's do it,
because Usik was going to fight the winner of Dubois Parker. Yeah,
that did not happen. Who knows when it's going to happen,
if at all? Do you think Usik might go come
on the intro, let's.

Speaker 6 (14:11):
Go, Well?

Speaker 8 (14:12):
Possibly, Yeah, I imagine a lot of boxing they had.
You know, well they say you get to get it on.

Speaker 3 (14:18):
Anyway, I overdone it in quite the no no, yeah,
I know, but as they hear and across the ten
Oi in the stadium. But there you go. These days
they seem a bit slack. They seem to be a
bit like, yeah, we got to get it on, but
maybe next year. It seems weird. Hey, thanks, orders got
to go. It's five to twenty five the early.

Speaker 1 (14:35):
Edition Full the Show podcast on iHeartRadio powered by News
Talks It Big.

Speaker 3 (14:41):
News, Talk to It Beak and wanted to I'm Andrew
Dickinson for Ryan Bridge. The time is five twenty seven.
So this weekend has been spent watching the Chinese Navy
use the Tasman c as a firing range. They've never
come this far south before, and of course everyone's going, why, well,
why I see that David Seymour has come out and
nothing they did was illegal. Oh we know that, mister,

(15:03):
of course, not there in international waters. But why they've
never done that before? Why come down there? One hundred
and fifty miles east of Sydney and down round about
the same level as Nelson, New Zealand. And fire some missiles.
Defense commentators call it a power projection. Excellent, sure, no problem.
Why do you have to project power around here? Why

(15:24):
do we have to divert air New Zealand and quantesstplanes.
Australia believes the firing was purely to hype the fact
that we're here. It wasn't like they were testing their
missiles or anything. They were just saying, by the way, guys,
we're here. We can get down here anytime we like,
and we're ready to rock. Meanwhile, this happens at the
same time that the Cook Islands, of course, have signed

(15:45):
that deal that we've been talking about, and then that
deal that includes wharf construction. And you read that, and
you wonder how naive and stupid was Mark Brown for
going there at this time and actually signing up a
deal that actually talks about wharf construction. I mean, of course,
new wharves are lovely until one day the Chinese navy

(16:06):
starts using them as a staging point to invade the Pacific.
And that's going to the worst case scenario. It's even
when they come and stay, just come and stop there
for a bit to refuel. You got a Chinese boat
and new Shorts asked Auklands is how they felt in
the old days when the American submarines used to come
here and just park up in their bay. You felt
like you were a target anyway, This is what the
Cook Islands has committed to. So this all begs the

(16:30):
question why New Zealand never built a deep water base
on the island years ago? Why we did not build
a wharf. We built the international airport, which of course
is the island's lifeline. But that airport is also a
military base if it needs to be. Why didn't we
build a port, and why don't we have a New
Zealand ship stationed over there semi permanently. This is the

(16:50):
This is the entry to the Pacific. The Cook Islands
are a semi autonomous part of New Zealand and a
fine place for us to put a base. It should
have been our forward base from the get go. We
we're serious about defense, and have we ever been serious
about defense? So why didn't it happen? The same thing
everything else is falling apart. We don't like spending money, Well,

(17:11):
that is a false economy. Now China has stolen our
march from right under our feet. Or should I say
our flippers all right, still to come we are going
to be talking about this new changes to the overseas
investment acts. Speaking about David Seymour, he's made some changes.
He's made it easier for foreign money to get here
and to invest here. But will it actually help us

(17:32):
or will the money go back to them?

Speaker 7 (17:34):
Now?

Speaker 3 (17:34):
That story is still to come here on News Talks here
be but news.

Speaker 1 (17:37):
Is next, News and Views you trust to start your day.
It's early edition with Andrew Dickens and one roof Make
your Property Search Simple. News Talks It be.

Speaker 3 (18:08):
As a dance version of a fleet with Matt Classic
speaking of Dan's electric avenue in christ Church, seemed to
be very good, good reports. There were quite a few
drunk people, that's true, and a few people off their faces.
But at the same time police are saying behavior was good.
Two days of thirty five thousand each and of course
the anniversary of the earthquakes and christ which you are
really showing you are back. Ninety two. Ninety two is

(18:31):
the number to text, and people have been texting on
defense Modern. Andrew writes a day from Dunedin on having
a presence in the Pacific. We do have a navy
vehical vessel permanently based in some on. I heard that
joke last week and it's not funny. But you know,
Mike writes Andrew, New Zealand did build and expands the

(18:53):
port of avature in the Cook Islands at Raratonga. No
easier cheap way of building another port anywhere in Tongua.
And I thank you Mike for your local knowledge. And
that's good to know. The point being as we could
have expanded it, we could have made it better. What
is China going to do now? And here's the thing.
We didn't spend money, but look at our defense spending
and this is the nub of the issue. We bought
what did we buy? What did hell?

Speaker 6 (19:14):
And cloppy?

Speaker 3 (19:15):
Light armed vehicles labs, loads of them. Of course, we
are surrounded by water. We defend the Pacific, which is water.
We need planes and boats, light armored vehicles come on.
And finally from Steve Andrew, I was telling anybody that
would listen ten years ago that China would sail a
warship through the Cook straight within twenty years. But then

(19:36):
Steve goes for war. He says New Zeala must emulate
Israel and its defense to survive the future and obtain
a nuclear missile deterrent and other adva's weaponry. Whoa steady
on there, Steve, it's twenty two to six Andrew dicks
around the country. We go Callum Procter joins us from
duned and heller Kellum morning, Andrew. So this is the
model that was suggested and three waters and also local

(19:58):
water done better and christ Church joining forces to manage water.

Speaker 9 (20:04):
Yeah, well look it's not happening yet, but certainly the
Dnedan City Council will this week consider whether to look
into joining forces with christ Church to manage water. Staff
here are recommending our councilors approve a memorandum of understanding
which proposes a process for investigating the possibility of shared services.
If this is approved, then a joint working group will

(20:25):
be formed to investigate any potential benefits and that group
would report back to both councils later this year. Our
Chief Executive, Sandy Graham says this is an opportunity for
a new way of working while driving down costs for
rate payers. So that meeting for councilors is this Wednesday.

Speaker 3 (20:43):
That was the one thing about three Waters. There was
nothing wrong with getting the funding. It was the co
governance that ruined it. Now, how's the weather.

Speaker 9 (20:49):
It's good today fine, mostly for Danita nor Easterly is
developing and twenty one today.

Speaker 3 (20:54):
Clais here it joins us now and we know clear
that you didn't go to Electric Avenue one light. The
rest of the city like the rest of the city.

Speaker 2 (21:01):
That's right.

Speaker 10 (21:01):
There is a real buzz around down here, Andrew. This
is the festival that of course is two days for
the first time ever. It's grown from one thousand festivals
ten years first festival goal was rather ten years ago,
to seventy thousand who descended on Hagley Park over the
two days this weekend. Police, as you say, very happy
with how it all went. Festival promoter Kallum Mitchell's been

(21:22):
on the phone with our newsroom. He says they're thrilled
with how it went and it was great to see
everyone embracing the vision that they've always had for this event.
He says, it's also good to be able to bring
people to this city with almost seventy percent of ticket
sales coming from outside of christ Church. Mitchell says after
they have a conversation with stakeholders and get a bit
more feedback pumped to hopefully bring back a similar scale event.

Speaker 11 (21:45):
For next year.

Speaker 3 (21:45):
Fabrious. How's your weather find aside.

Speaker 10 (21:48):
From a bit of a low cloud about this morning,
northeasterlies and a high of twenty one.

Speaker 3 (21:52):
And I thank you, Max told joins us from Wellington.
HELLI Max, good morning. Firebug went all the way through
Masterton over the weekend.

Speaker 6 (21:58):
Yeah, several churches have quite clearly been the target of
an attack over the weekend. Police investigations continue. Four churches
are damaged, and there's further evidence that three more have
also been targeted without being directly set alight. All Christian.
The ones that are damaged the Anglican Church of the Epiphany,
Saint Patrick's, Catholic Church, Masters and Baptist and Equippers with

(22:21):
a range of damage. There's also a video circulating on
social media of a man claiming to be behind the fires,
and there's not a lot we can report on that
for obvious reasons, but police will certainly be looking into
this guy checking out what he says in the video.
Anti religious, anti monarchists sentiments as well. Wided up at
MP Mike Butterick says it's devastating but he points out

(22:41):
emergency services did a wonderful job preventing the damage from
being worse than it could have been.

Speaker 3 (22:47):
And how's your weather today in the capitol.

Speaker 6 (22:49):
Should be fine. Northerlys twenty two the High Central Neva.

Speaker 3 (22:53):
Little man who joins us right now we're talking about
distantly church Niva again. Of course people are trying to
take away the charity status. Now it turns out the
Destiny Church even having meetings at Auckland Council buildings.

Speaker 11 (23:04):
Yes, and look, the thing is is that the Auckland
Council facilities. The council can't do much to stop it.
So the man Up West Aukland chapter advertised an event.
This was at gleneaed In Library, just days before they
launched the attack on the Tiata Tuo Library. Auckland Council
says it was a meeting area connected to the library
with a separate entrance. Now, the council says it's obligated

(23:24):
to keep its community venues available for anyone. The granting
of the booking it doesn't equal an endorsement, so the
council says bookings they're often made also under individual names,
so it's not really clear which group was reserving the space,
but it is aware of a small number of bookings
made by the group. It's going to be monitoring any
risks that it may pose. Councilor Shane Henderson, he's one

(23:45):
who's come out. He says, Look, there's really quite complex
because of council's obligation to keep the venues available for
anyone to hire.

Speaker 3 (23:51):
Yeah, carry on, correct Now, how's Hawkin's with fine?

Speaker 11 (23:56):
Fine, fine, fine fine for the rest of the week.
Twenty six is the high slipstop slate?

Speaker 3 (24:00):
Andrew, Well, I'm actually thinking about my poor old tomatoes.
Oh it's struggling. You can't leave them for a couple
of days to just dry out.

Speaker 2 (24:06):
Are they hell? Are they looking?

Speaker 11 (24:08):
Can you bring them?

Speaker 2 (24:09):
We can eat them?

Speaker 3 (24:09):
No, I've got I've got a family to feed. You've
got to be joking. Thank you. It is seventeen to six.
Talking about the weather. My son in fact climbing up
Mount Cook over the course of this weekend he went
to Muller Hut and he went all around the place
and then he went in a helicopter around all the
glaciers and I have to say he sent me back
the photographs. So those glassiers look in bad shape, very
dry out there. He had to take his own water

(24:30):
up the mountain. Very dry, very hot, and the glaciers
are shrinking. That's what the scientists said a week ago.
I could see photographs and see it with my own eyes.
It's quite sad, all right now, sor to come Gavin
Gray from the UK. We'll see what's been happening in Germany.
There's an election happening right now. Is Germany going right wing?
And before the hour is out we're talking about the

(24:53):
Overseas Investment Act and the ability to bring more news
overseas money into New Zealand. This is news talks there be.

Speaker 1 (24:59):
It is six steam to six international correspondence with ins
andn Eye Insurance. Peace of mind for New Zealand business.

Speaker 3 (25:08):
Well, the time is now fourteen to six to Europe.
We go and Kevin Gray from the UK. Hello, Gavin.

Speaker 2 (25:14):
Hi.

Speaker 3 (25:14):
There such a bit of a worry about Pope Frank.

Speaker 2 (25:17):
Yeah, very much so. And the latest from the Vatican
is that he has asked for Catholics to pray for him.
He's now known to be suffering from double pneumonia. An
update yesterday was deeply worrying, saying that the eighty eight
year old's condition had worsened, that it continues to be critical,
and that both his lungs were infected with this string

(25:42):
virus that he's got. So I'm afraid the situation is very,
very tense and fraught, as you can imagine, well wishers
praying outside the hospital as we speak, dozens of people
lighting candles, leaving them at the foot of a nearby
statue of the Late John Paul the Second Now the
eighty eight year old Pope was admitted to hospit on
the fourteenth of February. He'd been experiencing breathing difficulties for

(26:04):
several days. He has had problems with lung infections before
developing pleurisy. That's that information around the lungs, which is
quite painful. It'd got that as an adult, but also
having had a part of one of his lungs removed
at the age of twenty one. But yeah, I'm afraid
the updates now becoming more and more worrying for everyone,
and lots of people wishing him well. As I said,

(26:27):
dozens gathered outside the hospital as.

Speaker 3 (26:29):
We understand that the Venican is going to make a
statement on his condition in about one hour's time, so
we will bring that to you run about a quarter
to seven this morning. Meanwhile, we've got an election in
Germany and the question is will Germany kick right?

Speaker 2 (26:44):
Yeah, and it's looking like it will. The polls close
in just over ten minutes time. We should then get
a sort of an initial an initial forecast about what
that polling will hold. And actually in the past these
exit polls in Germany have been pretty accurate. We do
think there's going to be a big swing to the
right and far right. Why well, because big topics of

(27:05):
the immigration and also the stagnant economy have been major
players in this campaign. Now, I'm afraid to say that
the Germany has suffered from several terrorists or terrorists related
attacks over the last few months, bansing cars, being driven
into crowds, stabbing incidents, and in the last three or
four incidents certainly it has been somebody from either Syria

(27:29):
or Afghanistan seeking asylum or having been promised he would
be deported and they're not being deported. So big question
marks about the country inviting in over a million people
as part of it sort of helping those in Syria
and Afghanistan, and of course the far right has gained
support as well from people like Elon Musk and Donald

(27:50):
Trump who are being quite proactively supporting them. But fifty
nine million Germans eligible to vote, and the interesting thing
is twenty percent were under side. To the head of
the election day, other parties have said they will never
work with the far right. However, if the far right
gains a sufficient vote, it's going to be very very

(28:10):
difficult for other parties to coalesce in order to get
a working majority with a coalition government. So I'm afraid
the next few hours are going to be very very interesting.

Speaker 3 (28:19):
Yeah, And the CDU used to be Angela Merkel's party,
and that's now Frederick Metz's party. And he's actually got
a hardline against migration all of a sudden, which shows
that he's also seen whether the wind blows at the moment.
Fascinating stuff. And we will keep you up to date
with the Mike Hosking breakfast. Thank you to Gavin Gray.
It's coming up ten minutes to six. So the government's
announced an overhaul of the Overseas Investment Act. It will

(28:41):
make it easier for businesses to receive international investment and
for international investors to invest here. Business New Zealand Director
of Advocacy Katherine Beard joins us. Now, how are Catherine,
good morning, what's your reaction.

Speaker 1 (28:54):
Oh?

Speaker 4 (28:54):
Look, this is a very good move. We've been advocating
for this a number of years now in New Zealand
actually one of the hardest places to invest in the OECD,
and while the rest of the world has increased investment,
our investment line has flatlined. So very good moves, very good.

Speaker 3 (29:12):
It's fair to say that most New Zealanders would really
like to see some foreign capital invested in New Zealand businesses,
rather than just making it easier for foreign companies to
come in and therefore take our money overseas. I see
on the Telly last night they use Ikea as an example.
But Ikea has spent their money over the last six
years to come to New Zealand. To then get the
profits and repatriate them, of course, or we get is
a bit of employment. Isn't the real trick to keep

(29:35):
the profits here, to get foreigners to invest in New Zealand?

Speaker 7 (29:39):
Yeah?

Speaker 4 (29:40):
Look absolutely, And if I think about all our big
successful exporting businesses, most of them will have foreign investment,
and they don't just bring the money they bring, the
connections to international markets. So a lot of our exporters
who really smash it out there on the world market
have foreign investment. Without it, you're just really not that

(30:02):
competitive because you can't get big enough. And I would
argue that the jobs they create, those frontier firms that
are all high paid jobs, you know, those people are
paying tax. The business pays tax it grows, so you know,
there's always trade offs, but certainly for the rest of
the world it's been a winning move and New Zealand's

(30:24):
sort of been sitting on the sidelines.

Speaker 3 (30:26):
Well yeah, the opponents say the trade off is that
you every now and then you lose key assets. But
of course David Seman was saying that there will be
a The Minister can still say no if he feels
it's bad for business. Is that right, It's correct.

Speaker 4 (30:40):
So they've actually they're exempting a few things, so they're
putting farmland and residential and fishing quota more on a
slow track for decisions, so there will be protections there.
And you know when it comes to land, actually you
can't take the land with you. You can't put in
a suitcase and take it overseas, so if and if

(31:01):
foreign investor doesn't make a success of it, then they
will have to sell to somebody else who can.

Speaker 3 (31:08):
All right, have you done any studies or have you
seen any studies that has put a dollar value on
how much this might improve our economy?

Speaker 4 (31:15):
Ah, look, that's a huge unknown. I think we just
need to get the welcome matt properly out there. Other
countries have, and you know, we've just made it incredibly
hard and frustrating to invest here.

Speaker 3 (31:29):
Katherine Beard, I thank you very much for your time
and your expertise, and have yourself a great morning. And
Catherine is the Business New Zealand Director of Advocacy and
it is seven minutes to Sex News Talk Zibbi.

Speaker 1 (31:43):
Andrew Dickens on Adili edition with one roof Make your
Property Search Simple Youth talg ZIBB.

Speaker 3 (31:50):
Thank you for your text, Jess writes on ninety two
ninety two small charge, Hi, Andrew does wins. And Peter's
still like a silly old xenophobe. He's been warning us
about the CCP for years, the Chinese Community Party. Yes,
I know, Jesse, he gets a bit funny about migrants,
but we're talking warships. But I think what I like
about this is finally someone's talking about defense. Judith's talking
about defense. We're all talking about defense. We haven't we

(32:13):
haven't been defending. It's fair to say make Huskin come Wannity.

Speaker 12 (32:16):
Morning, and we're not going to either. Judith Collins is on,
by the way. But the amount of money required to
do what you know theoretically you need to do, we
don't have or anywhere close. I read a very good
piece of a guy called mckryan who turns up on
the program periodically, and his argument is that what they're
doing is one two things. One they've signed a deal
with the Solomons, of course, so they're doing they will

(32:36):
be here on a more regular basis. And also two
to the Australian, this's more about Australians than it is
us to keep them pinned closer to the shores of
Australia and not to wander up to Taiwan for example,
and wander around there. So there's a bit of that
going on.

Speaker 3 (32:51):
That's right. We have US and Australian and New Zealand
activity in the South China sees what's the difference with
this and.

Speaker 12 (32:58):
The other thing is whether the Americans do any whether
they look at this and go, well, that's interesting, you know.
And got some detail on the Cooks thing over the
weekend as well. So between the Chinese and the Cooks
and the Chinese and the Tasman Sea, there's something not
right about turning up though, I mean, it's all very
well to do what they did. None of it's illegal,
but it's there's something about turning up and your diverting planes,
couper run.

Speaker 3 (33:18):
It's called power projection very much. Look what we can do,
and we can, but we can do nothing.

Speaker 12 (33:23):
And that's the cold hard realize.

Speaker 3 (33:25):
I mentioned the fact, why didn't we actually develop deep
water bases in the South Pacific over the last fifty years.
That'll be planning, that would be cool and money, and
we've never done that.

Speaker 12 (33:35):
We've thought and I think where Judith Collins is right
as we've hoped that no one would notice. We're at
the bottom of the world and we don't spend any
money on defense. And so it's finally sort of caught
us out. So we'll talk to David Seymour on the
international money coming into the country. Check on the Pope
German elections du at six.

Speaker 3 (33:50):
That'll be so.

Speaker 5 (33:50):
Yes.

Speaker 3 (33:51):
Oh yeah, the Vatican's updating against six forty five.

Speaker 12 (33:55):
So he's seen your show. He had a tranquil night
as the official word, whatever that means my last night.

Speaker 3 (34:01):
Yeah, I heard my last night. It's a very tranquil
Micmas circles. I thank you, Thank you to producer Kensey
and also to Libby who helps out. From here and there,
I'm Andrew Dickens. Here for the week and longer. Enjoy
your day.

Speaker 1 (34:16):
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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