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Kerre Woodham Mornings Podcast

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Jun 13, 2024 • 5min

Francesca Rudkin: We'd all like to see more competition in banking

Fieldays is in full flow at Mystery Creek in Hamilton and there’s a bit for farmers to celebrate this week. Or at least sigh with relief over.    On Tuesday, the Government announced agriculture would not be included in the Emissions Trading Scheme, and the climate change initiative He Waka Eke Noa would be disestablished and replaced with a new initiative, the Pastoral Sector Group.    And yesterday the Finance Minister Nicola Willis announced an inquiry into banking competition with a focus on rural banking.    There are three terms of reference for the inquiry which will be undertaken by the Finance and Expenditure and Primary Production Committees and they are to examine:   1. The state of competition in the banking sector, including business and rural lending   2. Barriers preventing further competition in the sector, and    3. Any possible impact of the regulatory environment on competition and efficient access to lending.   Nicola Willis believes this will benefit us all and assured us on the Mike Hosking Breakfast this will bring about change.  “Change needs to happen, and change will happen in the banking sector in New Zealand so that New Zealanders are better served. And I know that the banks are powerful but democracy is more powerful, and this inquiry is going to get to the bottom of these issues.”  But back to the farmers.    Also on the Mike Hosking Breakfast this morning was ACT MP and former President of Federated Farmers Andrew Hoggard, who explained why farmers are dissatisfied with banks at the moment.  “There is definitely a mood of dissatisfaction amongst farmers around how the banks are working with them, and I guess the margins in particular have really... The additional margins over house lending has really hit a lot of farmers, particularly with where interest rates are at the moment. So from a lot of people, the main concern they’re telling us is, you know, interest rates are the key thing that’s creating the hurt right now.”  So we’ve got this massive increase in the cost of interest charges. Last year an on-farm inflation survey by Beef + Lamb New Zealand found interest costs for sheep and beef farmers increased 86.5% in the year to March. According to the survey, this has been driven by floating interest rates which doubled over that time while fixed, and overdraft interest rates increased by about 50%.   I think we can all understand how stressful and challenging that would be and the flow on effects to towns and communities that rely on the primary sector to keep them afloat.    There’s also been a change in behaviour from banks. It’s become harder for farmers to access lending as banks are reportedly more risk adverse and restricted under new regulatory rules from the Reserve Bank, and these are issues that hopefully the inquiry will define and present solutions to.    One of the other issues is around customer service. There is no doubt that being able to have a conversation with a bank representative who understands your business is a must. Having that one-on-one relationship with one person who understands your needs, your community, and where you’re going is vital. But I would argue, you don’t need a branch to have that relationship.   It might just be a representative in your area, it might be a relationship over Zoom —companies like One New Zealand are working hard to make sure we have 100% coverage around the country— so maybe farmers, like the rest of us, have to move with the times and understand that relationship with your banker might look a bit different.    So, if you are a farmer, how important is this inquiry and the issues you’re facing regarding banking? Is it an issue across the board? What impact is banking having on your confidence?    I am crossing my fingers we will see some action out of this inquiry —call me an optimist or naïve— but I think we’d all like to see more competition in banking. See omnystudio.com/listener for privacy information.
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Jun 12, 2024 • 9min

Scotty Stevenson: Men's Health Week Ambassador on the importance of taking care of your health

This week is Men’s Health Week, aiming to cull the number of Kiwi men dying from preventable illnesses.  They encourage men to start with the small steps that can enable them to turn their health issues around.  On their website they say that ‘living longer, more enjoyable lives takes a little work, but we’re all up for it’.  Scotty ‘Sumo’ Stevenson is an Ambassador for Men’s Health Week and told Francesca Rudkin that after his wife died of cancer a few years ago, he’s very aware of how important it is for his children to make sure he’s around for as long as he can be.  He’s also coming from a background in sports broadcasting, and thinks that while we look at athletes as role models, but don’t tend to take the same consideration for our health as they do.  “We forget that while we might not be competing for Olympic gold medals, we can still do our best every day to get our exercise in and to make sure that if we’re not feeling 100%, then we go and do something about that.”  LISTEN ABOVE See omnystudio.com/listener for privacy information.
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Jun 12, 2024 • 8min

Francesca Rudkin: Are you making an effort to get cheaper fuel?

As emails keep hitting the inbox—or the letters hitting the letterbox if you’re still supporting the postal system—telling us of price increases for all sorts of things. From the cost of our energy, to insurance premiums, to our favourite streaming service, we're all still keeping a close on our household budgets and doing what we can to try and keep them under control.    So, how far do you go to make sure you are paying the best price for petrol?  For those of us who do not live somewhere with accessible or reliable public transport, or don’t have the guts to put our lives at risk and get on a bike, or can afford an EV, we are at the beck and call of petrol companies and what they can charge us to fill our vehicles.    Now the Commerce Commission is getting in on the act.    Their latest analysis of fuel monitoring data shows retailers are quick to put fuel prices up in response to increased costs, but slower to bring prices down when global oil prices fall or exchange rate changes reduce costs.   It’s known as the rocket and feather approach: prices rocket up with increased costs but float down slowly when those costs decrease.    They have estimated that if fuel companies drop prices as quickly as they increase them when costs change, motorists would benefit by around $15 million a year.      Now that is quite considerable and worth keeping an eye on. But what can the Commerce Commission really do about it? There have been some changes already...   BC: What’s actually changed is that companies like Waitomo and Gull can now more readily get fuel at more reasonable prices. And we’ve seen that, they’ve been much more able to open stations than was the case in the past, and that is driving down prices for Kiwi motorists. So we’ve got evidence that it is working.  MH: How much does the punter play a part in this? In other words, if I wanted to put a bit of energy into it, get a Gaspy app, shop around, there’s, there’s plenty of competition and there’s plenty of price variability?  BC: Yep, especially in a place like Auckland. Look, Terry Collins from the AA has been talking about that in the last day or so, he’s absolutely right. If everyone shops at the lowest priced station, the others are going to have to match.  Now it’s important to note that there is no suggestion of collusion here – or illegal practices, these are large corporates operating in a supply and demand market. There is competition between them – but often the consumer determines as to whether they need to act on that competition. So do you?    Do you use your GASPY app? Do you make an effort to go to the cheapest local station around? Are you doing your bit to inform the petrol companies that you understand the choice you have?  I don’t think the Commerce Commission will be able to do much about this—much like the supermarket situation—except say they will be keeping an eye on things. Terry Collins, the AA Principal Policy Advisor, spoke to Heather du Plessis-Allan last night saying it is a warning to the fuel companies.  TC: I mean, this is a classic shot across the bow by the Commerce Commission, but I’ve been talking to contacts within the industry and they’re very keen because of the optics on it, not least by the media and by the Commerce Commission to ensure that the Auckland Motorists get their full 11.5 cents discount or rebate, the decrease in price, come 1 July. I know one of the large major’s got a big team working on it, trying to get it done by midnight. On that day, it comes into effect across all these stations.  Of course, the big test of the ComCom warning, and consumers power will be in Auckland when the fuel tax is removed from the 1st of July. Aucklanders will expect their gas to be 11.5 cents cheaper immediately, wouldn’t you?  The attention from the Commerce Commission is good. It's a reminder to us all to use whatever power we have, but it’s up to us to make an impact that will help us out at the pumps.   See omnystudio.com/listener for privacy information.
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Jun 11, 2024 • 5min

Clive MacKenzie: Kiwi Property CEO on the opening of the new Build to Rent complex in Mount Wellington

New Zealand’s largest Build to Rent complex opened this morning.  Prime Minister Christopher Luxon and Housing Minister Chris Bishop cut the ribbon of Resido, a new development in Auckland’s Mount Wellington.  Bishop said that there is no silver bullet to solving New Zealand’s housing crisis, and so they need to take every option available to them, Build to Rent being one such option.  The new units are located next to Sylvia Park, with rents starting at $845 a week for a two bed, two bath.  Kiwi Property CEO Clive MacKenzie told Kerre Woodham that they want people to settle down roots and call the units home, offering long-term leases and the ability to customise their space and bring their pets.  He said that the prices are slightly higher, but the services, amenities, and security included in for tenants matches up.  LISTEN ABOVE See omnystudio.com/listener for privacy information.
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Jun 11, 2024 • 5min

Kerre Woodham: What's caused the drop in ram raids?

Ram raids are down more than 80% for the month of April, compared to last year. Police have identified 12 ram raids in April 2024, compared to 64 in April 2023. Sixty-four! That wasn't even the highest. There was a peak in August 2022 when there were 86 ram raids. There was a total of 433 ram raids in 2022, 288 in 2023, and 67 in the first four months of this year.   To what can we attribute the drop in ram raids? It would be nice to think that the tougher measures, The Ram Raid Offending and Related Measures Amendment Bill passing its first reading would have contributed. This bill will add smash and grabs to the Crimes Act and give police the power to prosecute ram raiders as young as 12 years old. And who do you think proposed that? It was Labour. They had seen the writing on the wall by that stage. You know the number of ram raids were just beyond the pale and people were absolutely fed up with what looked like inaction on the part of the Labour government, so they were the ones who introduced The Ram Raid Offending and Related Measures Amendment Bill and it passed its first reading with support from National and ACT, the Greens and Te Pati Māori opposed it (In a stunning narrative twist you probably picked that up?).   Or it could be the Kotahi te Whakaaro Programme. You might remember that when we interviewed the police officer involved with that, John Campbell also highlighted that it was a multi-agency approach, a wraparound approach to dealing with young ram raiders. Because these kids are young, and as soon as they got the first report, then they would get the schools involved, the families involved. It was so multi agency and seemed to be working and we had high hopes. I'm pretty sure it got continued funding because it was showing positive results in terms of young people not reoffending after completing the programme. So it could be that.   Or it could just be that ram raids have gone out of fashion. You know, there have been enough of them on TikTok, enough of them on social media, and now they're just not cool. Word on the street, they're not cool anymore. I don't know.   Presumably, there was an end purpose to the ram raids, with the jewellery being targeted. There was conjecture that perhaps the gangs were looking for gold as a way of buy, sell, and exchange - that they would take the jewellery, melt it down, and use it as currency. That was just conjecture. I don't know, but I am just jolly glad that the number of ram raids have gone down because the reduction in ram raids is a reduction in trauma. It's a reduction in upset. It's a reduction in financial loss and the expense of policing these wee oiks. Kotahi te Whakaaro was not cheap, but if it was working, all well and good.   I don't know about you, I have noticed fewer gang patches on the street, less obvious swaggering, but that is only anecdotal. I would love to hear from you as to what your anecdotal experience is. Is the message that's been sent, and you would have to say it started with Labour when it went to The Ram Raid Offending and Related Measures Amendment Bill, they were the ones that introduced it because they knew the public had had enough. Is the general message of ‘up with this we will not put’, made so loud and so clear that the gangs have had to pull back a bit from the obvious swaggering, from the we own the streets, we own the stores, we'll do what we like. Or is it just a change in business in inverted commas, direction from them? Or is it simply that ram raids have gone out of fashion? If only murdering babies would go out of fashion.   See omnystudio.com/listener for privacy information.
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Jun 10, 2024 • 12min

Neil Hallett: Private Investigator with Helix Investigations on the difficulty of convicting people for murdering children

Questions have been raised after the death of a baby boy in Te Kuiti.   A homicide investigation's been launched after the 10-month-old couldn't be revived on Saturday afternoon.  His injuries are thought NOT to be accidental and Oranga Tamariki's assisting Police.  The father is insisting that he’s done nothing wrong, saying that he was trying to save his baby’s life, not take it.  The investigation has sparked a question as to how difficult it is to make an arrest and convict someone when a child is killed.  Neil Hallett, Private investigator with Helix Investigations told Kerre Woodham that one of the main challenges stems from the deaths occurring in private settings.  He said that when you have a homicide in a public setting you have outside witnesses who will come forward, but in private settings where everyone knows each other, a cone of silence comes down.  LISTEN ABOVE See omnystudio.com/listener for privacy information.
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Jun 10, 2024 • 6min

Kerre Woodham: We live in comfort thanks to the earth's resources

In an ideal world, I would rather not dig up the ground and the sea bed to extract their resources. But we created certainly not an ideal world, but a comfortable world precisely because mankind learnt how to do that, to extract the riches from beneath the Earth's crust. Mankind's gone from living in a harsh and inhospitable environment to living in relative comfort thanks to the extraction of those aforementioned resources that give us light and warmth and convenience and communication, just about every modern technology needs oil or gas or minerals. Whether we like it or not the world needs to mine and drill. In 2021, New Zealand was at its lowest levels for self-sufficiency and energy since reporting began in 1990. While renewable energy sources are increasingly providing more of our energy, it's nowhere near enough and it's not reliable - yet. We have the resources. Crude oil is produced in New Zealand, but it's exported because it's not suited to current refining capabilities and it can achieve a higher price on international markets. We can import oil cheaper than we can make it ourselves. Half our national coal production is exported, and so in 2021 we became a net importer of coal, again for the first time since reporting began. Where were the protesters calling out the Labour government for the importation of coal?  Like it or not, we are dependent on resources that come from below the ground. And if we don't get it, we rely on other people to do so. As Shane Jones says, some people argue against minerals extraction, but gladly rely on the conveniences of modern society that are enabled by these resources. The protesters taking selfies of themselves protesting for climate change, protesting against the the weakness of governments and instituting reforms that will bring about lower emissions, they wouldn't be able to take their selfies if somebody, somewhere, that they hadn't seen hadn't extracted minerals from the ground. As long as it's not in my backyard, it's okay. Shane Jones says the problem is that we're relying on other countries to meet many of our minerals needs and their supply can be fragile, volatile, unreliable and sometimes, without the regulatory rigour, he says, we apply to our own operators. And if we want to diminish our reliance on oil, coal and gas, he says we're still going to need to mine to do it.    If Kiwis want greater resilience and less vulnerability to overseas geopolitical vulnerabilities, we've got to turn around and we've got within the context of what's reasonable and wise, extract our own minerals. Look, I've got the authority of cabinet to roll out the strategy today, encourage investment and remind people that unless we use our own resources. We're going to continually depend on countries and other sources of natural minerals that are not as stable as New Zealand.    Exactly. That was Shane Jones talking to Mike Hosking back on the 24th of May when he announced that this government was going to look at opening up certain fields for exploration. It's just hypocritical in the extreme to say New Zealand can't do it, but will get poorer countries to extract the mines from their backyard, so long as it's not ours. We can do it better. We can do it more expensively. We can do it cleaner, but no, we'd rather march in the streets taking selfies of ourselves doing so, relying on equipment that's being produced by other people's mining, doing the very thing that you're protesting against. It is utterly, utterly hypocritical. In an ideal world, you don’t despoil the earth but we don't live in an ideal world. It's a hell of a lot better than it was before we started mining and extracting, that's for sure. And we've come to take those comforts for granted without questioning where they come from, how they get here, how they're put our hands. You have to own it,  if you want it you have to be prepared to acknowledge where it came from. It's the same with anything, if choose to eat meat, you can't then complain to the butcher that there are carcasses hanging in the shop, which has happened. You have to acknowledge where it came from. And if we have it, then we should do it and we should do it properly.  LISTEN ABOVE.     See omnystudio.com/listener for privacy information.
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Jun 10, 2024 • 8min

Mark Story: Hawkes Bay Today Deputy Editor on 'cofficing';, working remotely from cafes

Mark Story is the Deputy Editor at Hawkes Bay Today – he recently wrote an opinion piece about working remotely at cafes, after being banned from Smiths in Napier for ‘table-hogging.”  He interviewed hospitality owners from around the country, to shed some light on what’s reasonable.   Story told Kerre Woodham “I think it’s common sense – if I did stay longer than an hour or two, I’d buy something else.”  He said “People attract people – if people see that it’s being well-attended, it adds to the buzz.”  LISTEN ABOVE. See omnystudio.com/listener for privacy information.
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Jun 7, 2024 • 5min

Kerre Woodham: The pothole fund gives me hope

Do you know what we need after a big night of celebrating Newstalk ZB cleaning up at the radio awards?  We need pothole chat, that's what we need. Have a listen to Simeon Brown, the transport minister, talking about the $4 billion pothole prevention program that was announced this morning.   “This a step change. This is about actually ensuring that the funding goes into not just the patchwork quilt we've seen on our roads under the last three years of the last government, but actually saying we need to be resealing, rehabilitating our roads to those long term renewal standards of 2% being rebuilt every year, up to 9% being resealed every year, and actually getting drainage under control, and actually managing that to get the water off our roads. So, this is about putting long-term targets in place for the agency. It's not just giving them more money, but it's actually clear targets that they need to meet in order to actually ensure our roads are being properly maintained, rather than sort of the patchwork fix that the last government approach was to road maintenance, which was actually more expensive in the long run because you just patched over it and you had to patch over it again and again and again.”  Whoever would have thought? That was Simeon Brown talking to Mike Hosking this morning. What utter joy checks and balances and targets are. Not just chucking billions and billions of dollars into the air and walking away. Actually having targets, having percentages. Having very clear definitions about what the money must be spent on, what the expected outcomes are. Well, hopefully, hopefully, there will be measures in place —and I'm expecting there will be— to ensure that every cent goes into actual repairs and not into layers and layers of management and orange cones.   But honestly, it is work like this, programs like this, and talk like this from the Minister that makes me feel that not only can we get out of potholes in the middle of the road, we can actually get out of this economic hole. I don't know about you, but when you see the targets, when you see that it's not just patchwork stuff, it's actually a programme of work, a programme of maintenance, it's ongoing, it's designed to ensure the roads run smoothly, that we can get there on time, that we don't break axles, that we don't have to risk injury if you're a motorcyclist. I never thought I'd say it, I never thought numbers could be sexy. That expected outcomes chat could be sexy. It is.   You know, you just know that there is money that has been set aside and that the money will be looked after and that's all I ever wanted personally, was not to have my tax money squandered or treated with cavalier contempt. I understand that I have to give up some of my money so that I can live in a society where there is infrastructure and there are public services and that's fine. What is not fine is having that money disappear and then gone on projects where there is no accountability where even the government auditors go, well we don't know, we can't measure if this programme is a success because there's nothing by which we can measure it. That's what got my goat. And to hear this gives me hope. And I'm going to be checking in, because it's all very well talking the talk, but I want to make sure that exactly what does happen. I want to know that when Mike, or myself, or Heather says to Simeon, so where did that money go? He can say one moment please, and he'll have it all there. And if he does, then that hope that I have will be fulfilled. Good chat. It sounds organised. It sounds capable. Let's just see if it is. See omnystudio.com/listener for privacy information.
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Jun 7, 2024 • 7min

Where I Ate Last with Tony Astle: Leek and Potato Soup

Chef Tony Astle from Parnell’s iconic Antoine’s restaurant joins Kerre Woodham to dive into his the good and the bad of dining experiences both around New Zealand and internationally.  He digs into the service, the decor, and of course, the food, inspiring listeners to give new dining experiences a try.  Also on offer is the Recipe of the Week, and this week he’s serving up Leek and Potato Soup.    Ingredients:  2 large leeks, finely sliced  3 large onions, roughly chopped  3 large agria potatoes, peeled and thinly sliced  1.5 litres chicken or vegetable stock (may be instant, but beware of saltiness)  1tsp white pepper  150 grams butter     Method:  1. Cut the leeks in half lengthways (wash and finely slice)  2. Roughly chop the onions  3. Thinly slice the potatoes  4. In a large pot, melt the butter. Add the onions, leeks and potatoes (plus white pepper)  5. Slowly cook (sweat, don't brown) for approximately 5 minutes, stirring constantly.  6. Add the hot stock. Stir and bring to a boil, then simmer for 25 minutes.  7. Cool slightly, then blend until smooth in a food processor (or stick blender), depending on the texture required (you may strain or not).  8. When reheating, add cream to taste.  9. The soup may be frozen after blending.  10. Instead of leeks, you may like to replace with carrots or pumpkin.    LISTEN ABOVE See omnystudio.com/listener for privacy information.

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