TRANSCRIPT 🔗
00:00:09
Speaker 1: You're listening to a podcast from news Talk said be follow this and our wide range of podcasts now on iHeartRadio Rerap.
00:00:25
Speaker 2: Okay there and welcome to the rewrap for Wednesday. All the best that's from the micasting mc ferson, who's talk said, be in a sillier package. I am Glenn Harnt.
00:00:33
Speaker 1: Today we are.
00:00:35
Speaker 2: The race based policy police. Just send all your race based policy complaints to us and we'll pass them on to the government. As home ownership for all, it's crack up to be social media. I think that's pretty much all sorted. We don't worry about that anymore. But on the other hand, Tory fanna we do, but before any of that, So yeah, a lot of fallout after this poll. Once again, remember there isn't an election tomorrow or anything, but yeah, it really matters what they said in this poll, right.
00:01:02
Speaker 3: So it's only when you read the full detail in the latest Taxpayer Union Career poll that you start to get feel for where the current government sits. Firstly, the polls for corporate clients, reportage is usually limited to a few basic numbers, i e. The nats are up or down a point and added together that means x number of seats for the House. So the full report that's got the gold and everyone in corporate New Zealand will be seeing that this current government is on somewhat of a roll. And here is the really worrying thing for the opposition parties. These numbers are produced at a time the economy is still rubbish and it's entirely possible were still in a recession. So things for labor especially to worry about. One, the coalition have sixty seven seats, that's an easy majority. Two every single issue bar one they're now more trusted on. In areas like the economy and spending, the government win by a mile. The gap is embarrassing. The only area of Labour claim victory in Nardays's poverty, and even then they only claim it by one point three. The Right Way Wrong Way tracker has turned in spectacular fashion since the election. Many argue this is the true indication the government's support. Get the country going right, You're in every time four the Labour leader's popularity has tanked the favorability unfore favorable numbers have created Chris Hepkins. Isn't liked, isn't backed is as they say in America, underwater. Now fair is Fair's just a poll, not an election. But get some steam into the economy, get a growing level of confidence as the Reserve Bank cuts those rates and people start to spend and feel good again. Get some real growth and proceedings, and it's at that point any government of the day starts to feel like they're re electable. We've seen this past week the seats I mean, the shoots of progress, those crime stats, the increasingly determined action around the treaty, the reportage of schools talking of this change of culture after a phone ban. These are small but tangible wins. If by the end of next year the economy is back and the rest of the
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tangibles are falling into place, and opposition will have very very little left in which to enter election year with. And Chris Hepkins won't just be underwater, he'll be out of a job.
00:02:58
Speaker 2: Good the Labor Party save everybody a lot of time and money and resources by just not running at all next election. We won't bother having one. It would be good. Rewrap with the issue of race based ethnicity based policies and allowances and handouts and grants and things like that will be an issue at the election. Who could say, but it's certainly an issue for us here at Newstalk's thereb At the moment.
00:03:26
Speaker 3: AUT we raised on the program with the Prime Minister yesterday aut and their business of giving extra Marx if you like, if you apply, if you work for them and you want to travel somewhere overseas, if you're Mari or Pacific, you get more marks automatically just by race than anybody else. Would we put this to the Prime minister. He hadn't heard this their statement, but he's onto it and I'll tell you about that in a moment, Aut yesterday said there is a critical shortage. They're defending this, of course, and this is despite the government saying we want a colorblind public service. Ask yourself where AUT and etc. Get all their money and the answer is the government us there is a critical shortage of Maria and Pacific academic staff in the university sector and our policy supports the need to address this. They proactively supports Maray achievement of tertiary education as part of our commitment to tatidity. Our approach to academic travel opportunities reflects this commitment. We stand by this. Well, that's fine. You can stand by it till you're blow in the face, but you're now breaking the rules. A government of the day is the government of the day. You may not agree with them, but they're the ones giving you the money. And this is my great concern and I tried to raise it several times with the Prime Minister. Yes, you're seeing it in the judiciary places like the White Tangi Tribunal. You're seeing it in the public service, the leaks around David Seymour's work on the Treaty Principles Bill, and now you're seeing it at university level. They're saying, I don't care what your rules are, We're going to do what we want to do. So the good news and we'll follow this one up as Penny Simmons, the Minister is due to meet we understand with aut today and hopefully she goes with a message from the top down that this stops now.
00:04:55
Speaker 2: And to just heaps of people sending us more and more things from the Earthquake Commission to mb to Yeah, there seems to be a lot of this stuff going on.
00:05:07
Speaker 4: The government doesn't really seem to be on top of any of it. But when they heard us talk about the Hawk's Bay District Health Board last week. They fixed that straight away. So I guess you just.
00:05:20
Speaker 2: Could have sworn. There's people that you can send stuff to a new area. What are they called MPs?
That's right, No, no, I just send it to us and we'll pass it on. We're here to help, we rap right the old dream of having your own home? Are we all still dreaming that?
00:05:34
Speaker 3: So I got a little bit of fizz in the housing market, that's my prediction of it hasn't already started. We're going to see it by Christmas. Agent commentary that I'm getting rangers from. It's not quite there yet, but open homes are busier, and the cash rate is making a difference right through to those who are full on hype merchants at the moment. And this is the last chance, apparently to grab a bargain before it all takes off. Now some of the major players are now offering, as I'm sure you're aware, a mortgage rate fixed two years below six percent, in fact nowadays well below six percent. Big quandary is, of course, do you take it? Will it go lower? How low will it go? But he is the most valuable piece of information of all trade me did some works and research. Home ownership is collectively our biggest dream. We dream scroll. This is the thing, dream scrolling. If you don't own, you want to own. If you're already owned, you want to own more or better. It is deep within the Kiwi psyche. And the interesting thing is it's always been that way as far as I can tell. I grew up thinking and believing that owning your own home was a major step in the journey to success, and it seems that hasn't changed, which is good. The commentary has, of course, the commentary is full of woe and misery about unaffordability and people giving up, But in there has always been a number that defied the theory. First home buyers, even through COVID, even through the cost of living mess have remained the biggest group of purchases. It's always about twenty five, twenty six, sometimes twenty seven percent. Over a quarter of all sales at all times involve people buying their first home. No matter what the headlines about being locked out told you, that hasn't changed. Sixty three percent from this research see owning as an important step in life. Thirty two percent always dreamed for rent as that number sixty six percent. Once you understand that the profoundness of that level of desire and thinking, housing will always be profitable, it will always be affordable, always be an investment, be a path of retirement, be a sense of satisfaction in place. When you dream, you tend to make it happen. You tend to be determined New Zealanders and housing. That's always been the clue as to where the market is here.
00:07:34
Speaker 2: Guys, guys, guys, I'm here to tell your home ownership anel All that's great about to be here out with a big lawn and having to look after gardens and stuff like that. Deal with kids wanting to hammer things into walls. All right, Yeah, we've got to keep moving on with the podcast.
00:07:54
Speaker 1: I suppose the rev.
00:07:56
Speaker 2: Now social media. It's social media. What can you say, it's terrible, not good or for the worst thing that's ever happened.
00:08:06
Speaker 3: Following with a little bit of interest in unfoldwing in an appeals court in Washington, DC. At the moment, this is the business of the State of America against TikTok, and so what they're looking for is the divestiture of TikTok from bike Dance TikToker running the argument that if you make us do this, the company will close down, and it's the end of free speeches, we know it, and there's the First Amendment and all that sort of stuff. The interesting point that was made yesterday, I've got some sympathy with it. The platforms used by politicians and the run up to this election felt hypocritical. If it were dangerous, they wouldn't be there, which is actually not a bad argument. But we must understand that it's the divestiture that's the issue, not TikTok itself. So what the Americans are saying is TikTok itself is just another social media platform, but the fact that bike dances Chinese and controlled allegedly by the Chinese government makes it dangerous. So if they sold TikTok to me, they'd be happy with it. Meantime, Instagram has announced this morning, I'll be fascinated to see that this is workable, that they're going to park teen accounts teenagers accounts in a special area tagged and limited. You can unleash yourself a little bit, allegedly if you've got parental commission, but permission everyone under eighteen creators included are going to be put into a teen account. They can remain public of the parent is involved and gives them permission and are supervising the account. But they're pretty big changes the role. That's not immediate. New users will be defaulted into these accounts upon sign up. Existing teens teen users may not see immediate changes. Many around the world aren't going to see anything till next year. But this is their latest attempt because the heat is on to try and tidy their racked up.
00:09:51
Speaker 2: Oh well, that's good, all sorted. We don't have to worry about social media anymore. That's fixed again, Moving.
00:09:58
Speaker 1: On the rewrap.
00:10:00
Speaker 2: So apparently there was an interview with Tory Funo yesterday and it's certainly got Mike's eyebrows going up and up.
00:10:09
Speaker 3: Tory far now speaking of things that need to stop. So I'm slightly sensitive to the subject of people's personal finances now, having said that, she's a public figure and she spends our money, and she's on the radio yesterday morning and she tells Nick in Wellington that she sold her car to make ends meet. So she's running along the lines of first of all, that famous bike rack that turns out to be a mistake. She openly admits it's a mistake, so at least she's finally realized what we all realize right from the start, that half a million dollars for a bike rack, one that isn't used to even for one that is used every day for the rest of your life, is too much money. It's wasteful. She then goes to defend that by saying it's really, in the grand total of things, not that much, because we've got billions of dollars, so it's half a million really that much, and that in itself is of course the problem. Then she goes and tells everybody how tough times are, which of course is true. And because times are tough, she's gone and so hold her car to make ends meat. Now this is a woman who, and I didn't know this, she won one point four million dollars on lotto in two thousand and two. So one point four million dollars on lotter in two thousand and two, plus you uns one hundred and ninety thousand dollars a year, and she still can't make ends meat. So this is the slightly awkward bet in delving into people's personal circumstances can I suggest if you can't make ends meat on one hundred and ninety thousand dollars a year and you're having to sell your car, you're probably not good with money. Now, if you're not good with money, can I further suggest you probably shouldn't be in charge of anybody else's So how come you are?
00:11:48
Speaker 2: I'm a bit worried about this because Darling and Tanas that have told us the same thing, didn't she when we suggested that perhaps being suspended on form?
00:11:57
Speaker 3: Where are the dots there? Green Glenn? Where are the dots?
00:12:00
Speaker 4: What?
00:12:00
Speaker 2: Do we need some kind of financial advice for people.
00:12:03
Speaker 3: In the Green Party?
00:12:05
Speaker 2: Yes?
00:12:05
Speaker 3: Probably?
00:12:06
Speaker 2: Yeah? And then it's just isn't it. It just goes to show that some people are just not good with money, and some of those people belong to the Green Party. Again, what can you say? I'm saying what can you say? A lot? In this podcast today? What I can say is thanks for listening, and I'll see you back here again tomorrow for more.
00:12:35
Speaker 1: For more from News Talk st B, listen live on air or online, and keep our shows with you wherever you go with our podcasts on iHeartRadio