Early Edition with Ryan Bridge

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

  1. 18時間前

    Ryan Bridge: There's TMI from the TMO

    TMI and TMO  Dave Rennie had a bit of a crack at the TMO over the weekend.  A FIFA ball hit a spidercam in the USA and Norway went nuts because the TMO didn't do anything about it. Apparently it should be an automatic drop-ball. Both of these these games, different sports, played half way round the world from each other, tell you all you need know about TMO's. When you're up and winning, they're always butting in where they're not wanted, aren't they? But when it's your team on the back foot and could do with a pesky technicality to get some points, or lose your opponents some, they come in handy.  Sport is live and happens quickly. That's why it's exciting.  So the only solution to this problem, which is only a problem exactly half the time, when your team is losing, is quite simple.  Play without it! Things will get missed. Penalties go unawarded. Eyesight is not perfect. Line of sight is not perfect.  Games move faster, but the results are less accurate.  Or, you embrace the technology and the cameras and the man in the bunker.  Hell, one day it'll probably just be all AI powered and decided.  Personally, I'd rather something was quick and dirty than long and accurate. There's TMI from the TMO. Mistakes happen. Chances are they'll happen to everyone equally.  We've played sports, of sorts, for centuries without the need for cameras and bunkers.  We can, if we want, just keep doing that for a few centuries longer.  See omnystudio.com/listener for privacy information.

    2分
  2. 4日前

    Ryan Bridge: We can't bash the Reserve Bank

    The problem with bashing the Reserve Bank of New Zealand in real time is that nobody really knows how badly they might have cocked something until well after the cocking's happened.  There weren't many —though not none— chiding Orr for low rates until it was bleedingly obvious in actual data, and what Prince Harry would term 'lived experience', that prices were on the march.  The RBNZ has decided to hike now. They'll probably do another one in September, assuming Trump's ceasefire pause is just that, and beyond September is anyone's guess.  One argument is that they'll hike in September, hold in October ahead of the election in November, then stick their finger in the air for December.  Either way we're heading towards either 2.75% or 3% by Christmas.  Most of this has been priced into wholesale rates.  The justification for the hike, as has been pointed out by a couple of economists, is it's easier to swallow.  For them to come out and say "we're hiking now because the economy is on the up, plus a bit of war pricing potential", that's a lot easier to stomach than "we're hiking now and there's no growth - welcome to stagflation nation". Tony Alexander makes the point that the bank has been criticised in the past for hiking too late, letting prices get away, then overcorrecting on rates, plunging us into a deep and uncomfortable recession.  Given they're now moving relatively early, they can move and wait and see and (hopefully) avoid the same mistakes.  I like to believe Tony's predictions. And I hope he's right. Managing the OCR is driving a rental car - you're unfamiliar with the pedals. Push too hard either way and you can quickly end up wrapped to lamppost or hit in the head by an airbag.  See omnystudio.com/listener for privacy information.

    1分

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A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

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