Episode Transcript
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Speaker 1 (00:00):
What start the day Informed, Entertained inspires my Head's Early
Edition with one Room, make your Property search Simple, Used
talks at B.
Speaker 2 (00:13):
Good morning, Welcome to Early Edition. I'm Francesca Rudkins filling
in for Ryan Broache. He is hosting Mike Costing break
the show this morning. Good to have you with us.
You're most welcome to contact me anytime this morning. You
can flict me a text on ninety two ninety two
Email me at Francesca at used of THEREV, dot co
dot m Z. Coming up on the show, we look
at the impact of the government's restructure of its Crown
(00:34):
Research Institutes what it means for research and scientists in
New Zealand. The Prime Minister Chris ba Luxon says the
government wants tourism turned on big time internationally. Can our
infrastructure handle it? Also this out will invest New Zealand
do the trick when it comes to attracting foreign investment
to our shores.
Speaker 1 (00:54):
The agenda.
Speaker 2 (00:56):
It's Friday, the twenty fourth of January. Thirty one thou
people are under evacuation orders and a further twenty three
thousand under warnings as two new wildfires break out in
northern Los Angeles, but we.
Speaker 3 (01:08):
Feel these strong winds and that is the concern, is
that we're going to see these spot fires grow where
the ambers could spread. I mean, that's what some of
the people were saying as they were hosing down their homes,
so that they're not really concerned that the fire itself,
the mein, you know, start of the fire, was going to.
Speaker 4 (01:22):
Come to them.
Speaker 3 (01:22):
They're most concerned about ambers blowing.
Speaker 2 (01:25):
The Large Palisades fire is now sixty eight percent contained
and the Eaten Fine ninety one percent. Twenty seven people
died between the two blazers, which started over two weeks ago.
Researchers say in the next twenty years, over half a
million Kiwis will have diabetes if current trends continue. The findings,
published this morning in the New Zealand Medical Journal are
(01:45):
a thirty percent increase on current numbers. They say immediate
and bold action needs to be taken to curve current
trends and prevent further burden on our health system. Red
weather warnings have been issued for parts of the UK
as they brace the storm Ewan.
Speaker 5 (02:02):
The storm system has been intensifying as we've been through
Wednesday night and into Thursday. This massive cloud under there.
Speaker 6 (02:09):
That's where the.
Speaker 7 (02:09):
Storm is picking up intensity and will continue to do.
Speaker 5 (02:13):
So as it approaches the Republic of Ireland.
Speaker 2 (02:16):
Millions have been told to stay at home as damaging
winds and debris could cause a danger to life. All
schools in Northern Ireland have been advised to close and
OSCAR nominations have been released ahead of the ninety seventh
Academy Awards ceremony in March. Netflix film Amelia Peis is
leading with thirteen nominations, the most nominations ever for a
non English language film. Star Calis Sophia Garcon has made
(02:38):
history been the first openly transacted to be nominated. Films
Better Man, Kingdom of the Planet of the Apes, and
Alien Romius Romulus are all at the best visual effects,
all worked on by Keu Company Wetter Infect. They probably
worked on every film in this category.
Speaker 1 (02:55):
I could stay ahead of the curve Earl edition with
one room, Make your Property research simple, News dogs envy.
Speaker 2 (03:03):
So what is going on at their Ossie open? The
crowds are doing abusive at times and according to some players,
hostile and drunk. The on court interviews have been cringe worthy.
The TV commentators are trying to do comedy or satire,
I'm not sure, and several players have been offended by
it all. The Australian Open, along with other members of
(03:24):
the four Grand Slam tennis tournaments, is regarded as the
pinnacle of professional tennis, a tournament with a rich history
and legacy, and it must experience for tennis fans. The
tennis has been awesome, lots of drama there. It's been
perfect company for a muggy summer's evening over the last
couple of weeks, but the event itself, it just feels
(03:44):
like a bit of a mess. Djokovic was annoyed by
comments made by an Australian broadcaster to Tony Jones on
TV saying the serp was overrated and it has been.
Semi finalist Ben Shelton has taken the Grand slams on
court interviewers to task for disrest spectful to players and
complaining about the negativity. There have been numerous comments about
(04:05):
the interviews and commentary. Clearly the objective this year from
Australia Tennis was to get people engaged in watching by
being entertaining throwing some banter around, rather than treating these
athletes as serious sports people, and I can see how
it irks. Some of the interviews have been an utter
waste of time. They could have hit a better balance.
But at the same time, you can't take yourself too seriously.
(04:26):
Sometimes in life you just have to grin and bear
the cringey dad jokes and move on. The crowd was
also happy to add to the unrulely atmosphere. I don't
know the booing really gets to me. It is not
a WWE match for crying out loud. Can't help but
think Danielle Collins had the right idea. Throw it right
back at the crowd. Provide the entertainment fact that sports
(04:48):
audiences love these days. Take the money, go on a
five star holiday and let it go. It is eleven
past five. You're with early edition.
Speaker 1 (04:56):
Separating the fact from the fiction. Can't spill edition with
one route. Make your property search simple.
Speaker 2 (05:03):
News Dogs EV thirteen past five. The government's announced an
overhaul of seven Crown Research institutes. They'll be merged into
three public research organizations and a fourth PROS will be
established to focus on advanced technology. Government agency Callahan Innovation
will be shut down as part of the reforms. Using
the Association of Scientists co president, doctor Lucy Stewart joins me. Now,
(05:25):
thanks for your time, Lucy, good to be here. Is
this a good idea?
Speaker 4 (05:32):
So, broadly speaking, the idea of merging the SAIS is
a good idea. People have known for a really long
time that there is really unhealthy competition between the so
our eyes because they kind of have commercial requirements to
make money and they have some obile aps that they've
been competing for resources. So I think this will be
beneficial in disregard. However, without knowing you know, quite a
(05:53):
lot more detail, this could just end up being shuffling
with Dicchent on the Titanic. Given the state the science
is currently in.
Speaker 2 (06:01):
Right, so potentially bit of value for money, but we're
not entirely sure what we might get out of it.
Speaker 4 (06:08):
Well done for anything, I want to focus on, because
that's something that came up a lot in the government's announcement.
But the reality is, and so Peter Blackman's report that
was released yesterday emphasizes this. Our science system has been
desperately underfunded for thirty or forty years now. So the
idea that we're going to have sort of champagne science
on a be a budget by just you know, merging
(06:30):
some organizations to get better value for money is not
particularly realistic.
Speaker 2 (06:35):
What were these seven institutes doing that was so valuable?
Speaker 4 (06:39):
So these seven and students do a range of science.
You've got Gens for example, does earth science, so they're
studying things like you know, earthquakes and tsunamis. You've got
kneewhere doing marine science. Scion look at forestry ag research
and Pliant and Food are both looking at sort of
(07:00):
productions i A research and more focused on pastoral and
clime and food and more focused on you know, plants
and foods, auto culture, and but all of them are
doing a range of science between stuff that's commercial, you know,
commercially valuable for industries we have in New Zealand, and
also public good science. So that's science where you know,
it doesn't necessarily creative products you can sell, but we
(07:23):
still need to do it for the benefit of our country.
So if you think particularly about stuff like natural disasters,
studying natural disasters doesn't necessarily create a product you can sell,
but it gives this information that's really important in reducing
our risks so that when there is a natural disaster
there's less damage and less loss of life.
Speaker 2 (07:43):
So, Lucy, you're concerned that there's too much of a
sort of a focus on the commercial benefits and the
commercializations of science and technology rather than that, you know,
providing good public public goods science.
Speaker 4 (07:58):
Yeah, you have to have a balance, so I think
so Peter Glegman's report is that, you know, it's really
well considered and it kind of establishes there's four different
main areas of government funded science. There's public good science,
like we'll discuss. There's science that you know, just generates knowledge,
and that's science where we don't, you know, really know
(08:18):
what it's going to do, but having that knowledge leads
to ideas that turn into public good science or commercial
science down the line. And you also have science which
is directly informing policy. So that's when the government kind
of knows things that's doing and they need they need
work done to support the policy work they're doing. So
(08:39):
that's four different areas of science, and this announcement focuses
entirely on the last one, the commercial or is the
report called it exploitable science, and it really feels like
it's at the expense of the other three. But they're
all important in the level.
Speaker 2 (08:54):
Okay, so will we still produce quality science this way?
Speaker 4 (08:58):
We will produce quality science this way if we are
focused on growing a well funded science system that supports
good scientists to do their work. And what we know
is that over the last year we've lost around five
hundred jobs from the government science system. So I'm really
I'm kind of really surprised to see the government in
this announcement. They're saying things like, you want to attract
(09:20):
skilled people to New Zealand. Well, if we could stop
making skilled people redundant and having them leave New Zealand first,
that would be a fantastic start.
Speaker 2 (09:28):
Doctor Lucy Stewart, thanks for your thoughts this moment, your
thoughts this morning and talking us through that. Dr Stewart
is the New Zealand Association of Scientists co president. Right,
we're going to amp up tourism, but is the country
ready for more tourists. We're going to talk about that next.
It is eighteen past five.
Speaker 1 (09:47):
First with News, First with Views. It's earlier this year
with one roof make your Property search simple. Newstalk said,
be good.
Speaker 2 (09:56):
To have you with us. It's five twenty with tourism
starting to make a comeback, calls for the government to
get its checkbook ready if it plans to welcome more
tourists to our shores. Just over three hundred and twenty
one thousand tourists came to the country in November. That's
eighty six percent of pre pandemic figures from the same
month in twenty nineteen. The new Minister for Economic Growth
and Nicola Willis, has set her sights on a wealthier economy,
(10:18):
saying attracting more tourists would help to make that happen.
Queenstown mag Lin Lewis joins me, now, good to have
you with us.
Speaker 1 (10:24):
Glynn, good morning.
Speaker 2 (10:26):
Paid Tourism's bounced back in Queenstown pretty well, hasn't it.
Speaker 8 (10:30):
It has it bounced back pretty hard and fast post pandemic.
And I think we've which new heights over the last
summer seeing the amount of people have come over just
the last couple of weeks.
Speaker 2 (10:46):
So would you welcome more.
Speaker 8 (10:48):
Tourists, i'd Rocker Morris. There is a proviso that the
infrastructure to support and accommodate more tourists and visitors is
accounted for.
Speaker 2 (11:01):
Your voting package gets thrown out a lot as being
the answer to everything. What else do you need.
Speaker 8 (11:06):
Look that sustainable investment in actually providing that sed infrastructure
that both residents and visitors use. I think that needs
to be really well thought through. And if that can happen, Yeah,
I think we have the capacity to have more to us.
But even the simple things like making sure that we
(11:28):
have enough let's say, air traffic control talent to eaually
to air functioning, airport investment, and customs security, those sorts
of things, because I can tell you now that having
an airport, an international airport here, those are the sorts
of things when I talk to my airport, we've talked
(11:50):
about our airport. Those are the sorts of things that
actually can get in the way of actually allowing international
visitors into the country.
Speaker 2 (12:00):
Willis has hindered at making changes to visas to help
bring in more tourists. What do you think of that?
Speaker 8 (12:05):
Yeah, I actually do welcome that. I think there's actually
opportunity to go even further, especially in welcoming behind end
entrepreneur technology skill set. I think, yeah, that's a good start.
I've got a few more ideas that I'll suggest helming them.
(12:29):
She makes her way down here at some stage, and.
Speaker 2 (12:31):
If you look at it, a little bit more broadly,
you know, not just in Queenstown's sort of situation, but
how can the government support the growing number of visitors?
Do you think across the country.
Speaker 8 (12:43):
Look, my viewers actually sort out points of entry first,
so there's from my reckoning, there's probably four points of
entry Auckland ranked and price in Queenstown. When it comes
to international visitors through airports, sort those points of entry
out so the experience for the visitor when they first
(13:07):
arrive makes it makes and make sure that that distribution
outside those points of entry is as simple and as
easy as possible. So you regionalize extra tourism. It's as
easy as possible because last time they tried this, they
didn't do it and just clogged up. It just made
a mess of Queenstown back and let's say the mid
(13:29):
twenty tens, that's what we're really consumed about.
Speaker 1 (13:33):
Glen.
Speaker 2 (13:33):
Look, one, I've got you just wondering if you'd like
to comment on the Winter Games, which will no longer
be held in its current format kind of in your neighborhood.
It's a bit of a shame, isn't it.
Speaker 8 (13:43):
Oh yes, so I opened it two years ago. This
is this one hurts quite a bit because obviously I
knew sit On before was passing. Here's a big player
in our district, and I think this one's things a
little bit more because of the origins of the Winter Games. Look,
(14:03):
I feel so sorry for Sam and Marty would have
been seem that year and made it to or have
been just such a hard decision to make given the background.
But those economic conditions indexed to the European currency for
prize money and entries and please, so yeah, real tough.
(14:26):
Feel really, I'm sorry for the organization and really disappointed
because it was a huge event for our district and
absolute and outside outside of the district as well.
Speaker 2 (14:38):
Dan, thank you so much for your time this morning.
Really appreciate it. That was Queenstown Met Glenn.
Speaker 1 (14:42):
Lewis the early edition Full The Show podcast on iHeartRadio
powered by News Talks at Me.
Speaker 2 (14:49):
If you didn't pick up on Christopher lux and State
of the Nation speech yesterday, the Prime Minister is looking
to grow the economy because the country desperately needs economic growth.
Just in case you missed that, Thank you, So I
am being a little facetious. Actually, I thought the Prime
Minister's performance yesterday was good both the speech and afterwards
during the press conference. Sure, he stuck to his message
like a self help guru trying to manifest an outcome,
(15:11):
but after taking a while to look comfortable or natural
as a politician, yesterday he sounded more authentic, like his
founder's groove. He's confident in the direction he's taking the country,
and he's not trying to appeal to everyone. For a
speech designed to set the tone for the year, he
did a good job. Last year we saw the Coalition
government repeal and reform everything from education to water and
health to greyhound racing. While there is still a way
(15:34):
to go with some of these, this year, the Prime
Minister has made as clear it's about dialing up the
volume on creating competition, allowing more foreign investment, and pushing
for government organizations to be more future focused. The Prime
Minister also suggested we need to grow up and shake
off our culture of saying no and start saying yes
to things like expanding the port of Todonger and more
concerts at Eden Park and unloading the dishwasher. Nope, that
(15:57):
was just me talking to my children. Laxon also use
the speech to make some announcements. The creation of Invest
New Zealand, an agency to attract foreign investment, major reforms
to Crown Research Institutes, and their disestablishment of the Callaghan
Innovation which, due to Collins bluntly said at her post
speech press conference, had had its day. The new announcements
are needed. National Party MPs have been sounding very well
(16:20):
media trained recently, sticking to their messaging, avoiding answering questions
with detail and you know, the drill. As a result,
they've been sounding a little bit empty. When there's a
lot of talking but nothing has really been said, it's
easy to lose interest. But what struck me yesterday was
how well the Prime Minister was across questions thronidom. Instead
of reverting back to the big picture, bland key messages,
he can often fall back on who throughout detail and examples.
(16:43):
There will be some pushback to some of his ideas,
such as mining and gene technology. Making money is one thing,
but many New Zealanders will still want the government to
balance their pragmatic approach with consideration and respect for affected communities,
the environment and the treating There is also perhaps wishful
sense from the Prime Minister that tax cuts lower inflation
and falling ocr mean New Zealanders can move on from
(17:04):
focusing on the cost of living. I doubt he'll be
let off the hook that easily rises and rents, rates,
insurances and other costs are still impacting household budgets. Making
New Zealand a great place to live in years to
come is important. Love me some vision, but that doesn't
mean we should lose sight of today. But hey, if
the Sight of the Nation speech is about getting out
(17:26):
the message, it's all about economic growth so we can
have better lives than got it loud and clear. Job done,
said what did you make of it? You can text
on ninety two ninety two you are with early edition.
Speaker 1 (17:44):
Setting the news agenda on early editions with one roof,
make your property search simple news talk, said b.
Speaker 9 (17:55):
Tax.
Speaker 2 (18:07):
Good morning this early edition on news dog Zby. I'm
Francisco Rudkin filling in for Ryan. He's going to be
with you at six a m. This morning. Thanks for
being with us, and the next half hour we're going
to head to the UK and Europe for the reaction
to Trump calling on Europe to spend more on defense
to deal with the existential threat posed by Poutin and
before the end of the hour, Invest New Zealand. Will
it do the trick and help bring much needed investment
(18:29):
into the country. Thanks for your feedback. Hamish text to say,
morning team lux and speech was great. We need to
move on from the left lead victim culture. We could
do it and this is a great start. In regards
to tourism, somebody else suggested that with tourists on the rise,
why can't we impose a two to three dollar bed
(18:50):
tax to assist. Yes, this was something that councils have
put back on central government that they're really hoping will happen.
I know that alland counselors because that's how they're planning
I think on funding of vents in the city going forward.
So I presume that is something that Nichola Willis will
be looking at as soon as possible. Hey, thanks for
the feedback. Keep it coming. You can text on ninety
(19:13):
two ninety two.
Speaker 1 (19:17):
Does z be.
Speaker 2 (19:19):
Alrighty? We're head around the country now and Callum Proctor
is in Dneden and it looks like Queenstown Lakes District
might have some water restrictions ahead.
Speaker 10 (19:29):
Morning you that's correct and they could be imposed as
early as next week if these hot dry conditions continue
around central Otago. The Council has issued this plea with
prolonged hot dry weather and high usage putting.
Speaker 6 (19:42):
The area at risk.
Speaker 10 (19:43):
Lug At Arthur's Point, Wanakahawa, Lake Hayes and Arawtown have
all been identified as areas using water faster that then
can be produced. The Council says if the network continues
to come under the strain, then these temporary restrictions are
likely to help safeguard water supplies, especially in the event
of an emergency like wildfire, and they say various steps
(20:05):
like having shorter showers can help avoid these restrictions.
Speaker 2 (20:08):
Hard to complain about hot dry conditions. What's the weather
like indonedin Callum A.
Speaker 10 (20:13):
Fine but partly cloudy, fresh nor easter, the high sixteen today,
thank you.
Speaker 2 (20:17):
So much, cleishrewood as in christ Church and clear. Look,
there's concern for a swimmer missing from a popular beach.
Speaker 11 (20:24):
That's right, Francesca. This is one of those stories we
never want to be sharing. But emergency services were called
to the spits near south Shore just after three yesterday afternoon.
What we know as police officers were blocking the beach
as well as some of the streets nearby.
Speaker 2 (20:38):
There were at least two.
Speaker 11 (20:40):
Young female swimmers sitting near lifeguards at the scene.
Speaker 2 (20:43):
They appeared to be very distressed.
Speaker 11 (20:45):
Yesterday, Coastguards some the volunteers were called in very quickly.
They were using two rescue vessels as well as a
jet ski for several hours, but were eventually stood down
after dark.
Speaker 7 (20:56):
Last night.
Speaker 11 (20:57):
Coastguard did tell our newsroom there's the search condition and
were considered challenging. There was a pretty overcast sky overheard,
as well as a one to one point two meter
swell and very poor water visibility. The search was suspended
last night but is expected to resume again this morning.
And the weather today, Claire, pretty cloudy with some early
rain as while southerly's dying out in the morning and
(21:20):
northeasterlies this afternoon. We will reach a high of nineteen.
Speaker 2 (21:23):
Thank you so much, Claire and Max. Whole is in
Wellington and Max, the Merrial race comes into the spotlight.
Speaker 6 (21:29):
Yeah, a matter of months until the local elections. Now
the Labor Party truly stepping up their search for a
viable contender to Torifano, and we may have the answer.
Former mayor a justin Leicester. He was here in the
studio actually yesterday it seems like he might be the
guy he flat out told us Labor has asked him
to run again. A Leicester, meanwhile, has set up some
(21:53):
sort of Facebook page that purports to focus on the
positives in the capitol when he says there's so much
doom and gloom, which is very nice and tweed does
seem to have a deeper purpose. He's in the i'm
not ruling it out stages of his campaign. Current Counselor
Ray Chung, meanwhile, is the only candidate officially declaring he's
going up against Torifano. She has been a little wishy
(22:15):
wash she but is mostly committed to running for a
second term. But back to Justin Leicster, he was a
one termer. Of course, he lost a surprising election to
now New Zealand first MP Andy Foster. There was a
debacle revamping public transport that got pinned on him, and
we'll follow the latest, of course.
Speaker 2 (22:32):
Got a gorgeous day today.
Speaker 6 (22:34):
Not so gorgeous, not as gorgeous as it has been,
mostly cloudy after some early drizzled twenty the High Central.
Speaker 2 (22:42):
Thank you so much, Max and Neiva dotty Man, who
is in the studio with us. Now, good morning, Happy Friday,
Happy Friday. We've reached this week, the week, first week back.
Well done, you feel I am.
Speaker 7 (22:56):
I've walked to here and I thought, that's like Cheers city.
It is like heaps of cheers.
Speaker 2 (23:00):
There's a taste. It's all my imaginary friends. They come
enjoy me in the morning. School, you've got no mates.
It's very very quiet, no mates, very quiet in the mornings. Hey,
have we got to the bottom of why thousands of
west Aukland has experienced this water disruption? Do we know
why this is so mainst.
Speaker 7 (23:19):
No, we don't know why. We know not at this state.
But you know, like apparently water keys said that the
water should be back on by ten am at the latest.
So we do know that the suburbs this is Henderson Valley,
Gleneed and codyl and Sunny Vale, auder Tier, they're the
you know, the suburbs that are experiencing all these issues.
But there was about fifteen thousand last night, so that's
(23:40):
now down to three thousand, So that's pretty good. So
you've probably got no water or very very low pressure.
But I can tell you if you're waking up this
morning and that's you, you know. Pop on down because
the water tank is at Henderson Valley Road, at the
corner of actually Bought Road and Netherlands Avenue, also the
corner of Glengarry Road and Maywood Crescent.
Speaker 2 (23:59):
Pop down your dogs, have a shower.
Speaker 7 (24:02):
I'll get the morning. Yet does that be the worst
way you get up in the morning? You want to
brush your teeth and every shower.
Speaker 2 (24:08):
And then you look at how much water's left in
that kettle and you go, well, that's all we've got
right now.
Speaker 7 (24:11):
Until someone goes and see. If that was me, I
would just be all about me. Don't worry about anyone
else in your household.
Speaker 2 (24:17):
Oh thank you?
Speaker 7 (24:19):
What are you saying?
Speaker 2 (24:20):
What about the weather today?
Speaker 7 (24:22):
Well there'll be no rain this morning? Unfortunately, that would
have been quite good. You could have put a barrel
or a plastic container out there. It's fine morning cloud
there will be as few spots of ways of lated
afternoon showers twenty five still miice and warm and moggy.
Speaker 2 (24:36):
You neither as always a pleasure, I know.
Speaker 7 (24:39):
Will you be here next week?
Speaker 2 (24:40):
No, I'm not. Oh sorry, it's just a one I'm
just a one week wonder. Me and my mentionary friends.
Next up after the UK Europe. Here on an early edition.
Speaker 1 (24:53):
International correspondence with ends and eye Insurance, Peace of Mind
for New Zealand business.
Speaker 2 (25:00):
It is fourteen to six and I'm joined now by
Vincent macaviny, our UK and Europe correspondent. Good morning, Vincent,
Good morning. The Southport killer has been sentenced.
Speaker 12 (25:12):
Yeah, in the past hour he's been sentenced. This is
Axel Ruda Cabana, who you might remember last July killed
three young girls and attempted to murder ten other people
and injured many when he attacked a tailors themed dance
class just at the start of the school summer holidays.
It was due to be a long trial, but when
he appeared in court for the first day earlier in
(25:34):
the week, he changed his plea to guilty and today
there has been the sentencing of this Now he himself
acted out in court this morning, yelling saying that he
was unwell and that he wasn't being looked after. He
was taken out of court for the disruption and it
was felt he couldn't be brought back in for the
reading of the sentences. But he is received. Because of
(25:54):
his age, he cannot be given a whole life sentence,
the most strict category in the UK, just under eighteen.
But he's been given a minimum of fifty two years
in jail, which is the longest jail sentence for someone
under the age of eighteen we think that has ever
been handed down. At that point, he would you know,
face potentially getting to a parole hearing, but the judge
(26:17):
has indicated it's incredibly unlikely he will ever be released.
Speaker 2 (26:21):
Vincent. How is the US responding to President Trump suggesting
that Europe needs to focus on increasing its defense to
deal with Pusan well.
Speaker 12 (26:30):
As we speak right now, Donald Trump is addressing the
World Economic Forum in Davas, and he has been reading
Europe somewhat of a riot act, saying that they're still
not contributing enough to NATO, that they've got too many tariffs,
that they need to start making their products in the
United States, and sort of saying that they've gone after
too many US companies too much regulation, particularly citing the
(26:52):
tech companies of course, which he has a close relationship with.
But the other thing that he's said is that he is,
you know, blaming He seems to accept that Vladimir Putin
is to blame for the war in Ukraine, that illegal invasion.
He's warned him that Russia could face more tariffs, and
it's Plutin to de escalate it. So it does seem
like some of the overtures that Vladimis Lensky has made
(27:15):
over the past couple of years to Donald Trump have
worked to secure his favor, and the Kremlin has responded
saying they're ready for a quote mutually respectful dialogue on
the issue of Ukraine. So we do believe that behind
the scenes, the White House and the Kremlin are working
on some sort of summit between Trump and Putin, But
we might say as well, we might as well also
(27:37):
expect some proper dialogue later this year, perhaps a conference
or meeting of the three leaders as they try to
negotiate a ceasefire settlement.
Speaker 2 (27:46):
Vincent to makea any Thank you so much for your time,
zibby eleven to six. Now, during his State of the
Nation speech, Prime Minister Christopher Luckson announced a new foreign
investment agency with the aim of driving more overseas revenue
to our shores. It's a model based on Ireland in Singapore,
and we'll see invest New Zealand become part of New
(28:07):
Zealand Trade and Enterprise, which will become an autonomous Crown entity.
Oliver Hartwich is the executive director for the New Zealand
Initiative and he joins me, now, thanks for your time, Oliver.
Speaker 9 (28:18):
Very good morning.
Speaker 8 (28:19):
You took.
Speaker 2 (28:19):
I believe you took the Prime Minister on overseas trips
to see how a model like this could work. What
do you make of the announcement.
Speaker 9 (28:27):
I think it's a wonderful announcement because it's exactly what
New Zealand needs. And you're right, we traveled with a
Prime minister. We traveled with him to Switzerland and Denmark
when he was a member of our group. But we
also took another group to Ireland and we encountered the
IDA Ireland agency, exactly the model on which invest New
Zealand is now based, and so we saw how it works.
(28:49):
We saw it in practice, and from that perspective, I
can tell you this is exactly the kind of investment
agency that really makes a different that attracts for investors
to the country, and that creates jobs and opportunities. So
I'm not surprised that Christopher Luxen is the enthusiastic about
this model because we were too.
Speaker 2 (29:08):
What's going to be key to its success?
Speaker 9 (29:11):
Oliver, Well, the really important thing is actually that it
goes hand in hand with liberalization of our foreign direct
investment rules, because they are really complicated. We have made
it extremely hard for international investors to navigate New Zealand.
And so when they look at potentially investing in New
Zealand currently, they will find all these rules and regulations
(29:33):
and in the end they will ask themselves, well, if
it really worth it, I should be really trying to
jump through all of these hoops and jump over all
of these hurdles, or should be rather take our money elsewhere?
And often the case is that they said, well, it's
really not worth it. It's a small market, it's a
small country. New Zealand is not and must have in
our portfolio. It's a nice to have, and so we
(29:53):
rather go go somewhere else. And if we change the rules,
if you make it easier, if you make it more
welcoming to be here and to be an investor in
New Zealand, then they would consider New Zealand more. And
then if they also encounter the invest New Zealand agency
which takes them by the hand guides them through the
system and tells them really how New Zealand works, how
(30:13):
the country takes them, really makes that lending in New
Zealand a little bit easier. Then I think we have
a good chance to get way more international investment than
we currently have.
Speaker 2 (30:22):
Oliver, how long do you think it will take to
make those changes to the rules of legislature.
Speaker 9 (30:28):
Oh, the legislative changes are easy. You could basically do
them almost overnight. But you have to create an agency,
and you have to create an agency with a right mindset.
We have New Zealand Trade and Investor of course right now,
and that is part of their role also right now
to attract international investors. But the mindset so far has
been to are always be a bit careful, really emphasize
(30:48):
the risks and really make sure that we are getting
the right kind of investors. We have to turn the
mindset into something that really wants investors. I mean that's
what Ireland's done. Ireland at one stage decided they no
longer wanted to be the poor house of Europe, and
then they had this mindset to really get cracking and
really change things and attract investors. And we have to
do exactly the same, so Oliver, how.
Speaker 2 (31:08):
Soon do you expect it to start drawing in more
overseas investment.
Speaker 9 (31:12):
I hope within the next month. I mean, the signal
that I'm going to sending out is positive. The signal
to the world is we are open for business. We
want you here. And that's quite a change of mindset,
and I think if we continued on that path, that
change could happen quite quickly.
Speaker 2 (31:27):
And look, as you've been traveling to Singapore and Ireland,
anything did you pick up on anything we need to
be aware of to you know that potentially you know
might be wrong, or we addressed sort of any issues
that may arise.
Speaker 9 (31:39):
No, I think what we have to do is actually
we just have to make the case. We have to
explain that this is worthwhile. I can tell you one
experience we had in Ireland. We have hosted the Irish
Economics Minister at the time, and he told us that
he could not travel to a single place in Ireland,
not even the smallest village, without being asked by the lawcus, hey, minister,
what can you do to get foreign and into our area?
(32:01):
And then we asked, successfull would that happen in New
Zealand and the answer was probably not because here we
haven't actually learned to actually appreciate the benefits of foreign investment.
We always think about them as risks. We think about
them as becoming tenants in our own country, boards selling
out about losing control. The Irish narrative was different. The
Irish narrative was always what can this investment do for us?
(32:23):
How many jobs can it create? How much opportunity do
we get out of it? How much growth do we
create out of this? So it was a growth mindset
and that's what the Primeinster talked about yesterday. He said
we should actually think about what can it do to
make the economy grow, what can it do to make
New Zealand a better place? And that should be our
mindset rather than thinking what are they any potential risks?
Speaker 2 (32:44):
Oliver, thank you so much for your time this morning.
Nice to talk to you. Oliver hartwhich is the executive
director for the New Zealand Initiative. It is six to six.
Speaker 1 (32:52):
The latest from around the country and around the world.
Earlier with one room, Make your Property Search Simple Stalks.
Speaker 2 (33:01):
This is early edition in coming up at six this morning.
Ryan Bridges with you on the Mike Hosking breakfast, Good morning,
Good morn. We've got a lot of paper there.
Speaker 5 (33:10):
I do have a lot of paper in front of me.
Now you've spoken about the Oscars and the nominations. I
have a problem with them. Why why is everyone making
movies that are three three and a half hours long
when people's attention spans have actually reduced, the movies have
gone increased in length that the Bruce list is apparently
three hours and forty minutes.
Speaker 2 (33:31):
It's three hours and thirty five minutes. There is a
fifteen minute interval which is embedded in the film, so
you don't have a choice. It happens at about the
one forty mark. It is an extraordinary film. If you
love film, if.
Speaker 5 (33:42):
You're extraordinary long, it's that too.
Speaker 2 (33:46):
It's stunning. Look, if you're a discerning filmgoer, you're gonna
love it.
Speaker 9 (33:50):
It is.
Speaker 2 (33:51):
It is fantastic. But you do raise a very good point.
Why does Wicked a musical have to be two films?
Speaker 5 (33:55):
We could annawl that and that's two and a half two
more than two and a half hours two films.
Speaker 2 (34:00):
It's gonna be five hours, right.
Speaker 5 (34:02):
So two and a half hours and you don't even
get an ending, but.
Speaker 2 (34:04):
Look, I'm sure there's more important things to talk about,
and you'll be covering them off in the Mic Hosking
Breakfast at six. Thank you for having me this week.
I will see you on Sunday nine am on the
Sunday Session. Take Care.
Speaker 1 (34:18):
For more from Early Edition with Ryan Bridge. Listen live
to News Talks it Be from five am weekdays, or
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