Labour says the current state of Government books shows it went too hard and too fast with public service cuts.  

Treasury documents show the Crown's deficit has grown $3.4 billion dollars in the year to June, to $12.9 billion.  

Spending is outpacing income, despite revenue increasing by $14 billion. 

Labour Finance spokesperson Barbara Edmonds told Ryan Bridge the Government could have kept public sector jobs if it ditched tax cuts.  

She says public funding flows through the economy to help during a cost of living crisis.  

Edmonds says the Government's decisions have made the annual deficit worse than at the height of COVID. 

LISTEN ABOVE 

Labour says the current state of Government books shows it went too hard and too fast with public service cuts. &nbsp;
Treasury documents show the Crown's deficit has grown $3.4 billion dollars in the year to June, to $12.9 billion. &nbsp;
Spending is outpacing income, despite revenue increasing by $14 billion.&nbsp;
Labour Finance spokesperson Barbara Edmonds told Ryan Bridge the Government could have kept public sector jobs if it ditched tax cuts. &nbsp;
She says public funding flows through the economy to help during a cost of living crisis. &nbsp;
Edmonds says the Government's decisions have made the annual deficit worse than at the height of COVID.&nbsp;
LISTEN ABOVE&nbsp;

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.

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.

Early Edition with Ryan Bridge

Barbara Edmonds: Labour's Finance Spokesperson on the Government's increasing deficit

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/080b5bd2-db9f-4a96-813d-b205014d8f00/transcript

Sunday marks the start of a big week ahead for Emirates Team New Zealand as they face Ineos Britannia in the race to retain the America’s Cup. 

The first team to win seven races will take the Cup, the first two races taking place Sunday morning if weather permits. 

Richard Gladwell, Editor for Sail World NZ, told Ryan Bridge that it’s always the defender's to lose, and Team New Zealand would have to screw something up to lose the Cup. 

He said that they’ve had three months of development on top of Ineos Britannia, and they can certainly do a lot in there. 

LISTEN ABOVE 

Sunday marks the start of a big week ahead for Emirates Team New Zealand as they face Ineos Britannia in the race to retain the America’s Cup.&nbsp;
The first team to win seven races will take the Cup, the first two races taking place Sunday morning if weather permits.&nbsp;
Richard Gladwell, Editor for Sail World NZ, told Ryan Bridge that it’s always the defender's to lose, and Team New Zealand would have to screw something up to lose the Cup.&nbsp;
He said that they’ve had three months of development on top of Ineos Britannia, and they can certainly do a lot in there.&nbsp;
LISTEN ABOVE&nbsp;

Richard Gladwell: Sail World NZ Editor ahead of the America's Cup race against Ineos Britannia

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/97bfa9d0-c499-46a2-82f7-b2050162389f/transcript

Florida residents are being warned not to visit areas hit by Hurricane Milton as clean up and rescue operations continue.  

There's still flooding in many areas, and NBC is reporting there have been 10 deaths in various parts of the state.  

More than three million properties remain without power.  

US correspondent Mitch McCann in St Augustine, Florida, told Ryan Bridge that in many parts of Florida, it wasn’t as bad as it was forecast to be. 

Some areas have been hit very badly, such as St Petersburg, where a baseball stadium had its roof ripped off, and a crane toppled into and destroyed a building just a few streets over. 

LISTEN ABOVE 

Florida residents are being warned not to visit areas hit by Hurricane Milton as clean up and rescue operations continue. &nbsp;
There's still flooding in many areas, and NBC is reporting there have been 10 deaths in various parts of the state. &nbsp;
More than three million properties remain without power. &nbsp;
US correspondent Mitch McCann in St Augustine, Florida, told Ryan Bridge that in many parts of Florida, it wasn’t as bad as it was forecast to be.&nbsp;
Some areas have been hit very badly, such as St Petersburg, where a baseball stadium had its roof ripped off, and a crane toppled into and destroyed a building just a few streets over.&nbsp;
LISTEN ABOVE&nbsp;

Mitch McCann: US Correspondent on the damages from Hurricane Milton

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/6b3b4876-59b4-4924-b831-b20501433468/transcript

If these new TradeMe numbers are to be believed, and I have no reason not to believe them, then the biggest problem that we have with property and getting a foot on the ladder is not price. 

We're not too poor, we're too fussy. 

So TradeMe has done a survey; 44% of buyers were willing to compromise on the size of a section. Only 40% on the size of the property. Only 40% on the size of the garden. Only 33% on the condition of the property, and 28% on the location. 

If you flip those numbers, around 55% of people won't compromise on section size. I'll have the section size I like and nothing else. 

60% - no compromise on the size of the property. 60% - none on the garden. 67% - it must be new or near new and 72% won't travel or leave their favourite suburb. 

I mean, hard to please much? 

I bought a house with holes in the floor and the walls, there were plants growing from the ground up into my bathroom. 

The shower pooled; I had to use a bucket to empty the shower every morning. 

This carried on for two years. 

The shower was so small and the showerhead was fixed, so I had to duck every time I got in the shower, and it would only get me from my nipples down. I had very clean nipples and very filthy hair. 

Anyway, the point of the story is I lived like that for two years. I fixed it up, on you go. 

Things are okay, but you have to compromise. Property is not a perfectionist game, is it? 

It's about compromise and it's about trade-offs. Like any good negotiation, surely everything must be on the table. 

If these new TradeMe numbers are to be believed, and I have no reason not to believe them, then the biggest problem that we have with property and getting a foot on the ladder is not price.&nbsp;
We're not too poor, we're too fussy.&nbsp;
So TradeMe has done a survey; 44% of buyers were willing to compromise on the size of a section. Only 40% on the size of the property. Only 40% on the size of the garden. Only 33% on the condition of the property, and 28% on the location.&nbsp;
If you flip those numbers, around 55% of people won't compromise on section size. I'll have the section size I like and nothing else.&nbsp;
60% - no compromise on the size of the property. 60% - none on the garden. 67% - it must be new or near new and 72% won't travel or leave their favourite suburb.&nbsp;
I mean, hard to please much?&nbsp;
I bought a house with holes in the floor and the walls, there were plants growing from the ground up into my bathroom.&nbsp;
The shower pooled; I had to use a bucket to empty the shower every morning.&nbsp;
This carried on for two years.&nbsp;
The shower was so small and the showerhead was fixed, so I had to duck every time I got in the shower, and it would only get me from my nipples down. I had very clean nipples and very filthy hair.&nbsp;
Anyway, the point of the story is I lived like that for two years. I fixed it up, on you go.&nbsp;
Things are okay, but you have to compromise. Property is not a perfectionist game, is it?&nbsp;
It's about compromise and it's about trade-offs. Like any good negotiation, surely everything must be on the table.&nbsp;

Ryan Bridge: We're not too poor to buy property, we're too fussy

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b26e2219-cf69-4760-a60c-b205013f7ece/transcript

Barbara Edmonds: Labour's Finance Spokesperson on the Government's increasing deficit

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