It's finally happened, the Warriors have new owners.

It was announced yesterday afternoon the Warriors have been sold to the Carlaw Heritage Trust, also known as the Auckland Rugby League, and Autex Industries Limited.

Autex Industries has a 33 percent stake in the team, a fitting move as the company was the first New Zealand business to sponsor a sports team in the form of the Kiwis in 1979.

ARL Chairman and majority owner Cameron McGregor and Autex Industries CEO Mark Robinson joined Mike Hosking to talk about the deal, why they got involved, and what the plan is.

LISTEN TO THE OWNERS TALK WITH MIKE HOSKING ABOVE

Universities insist the degrees they're offering are still relevant, despite a study suggesting otherwise.

An EY study carried out in Australia claims 40 percent of degrees will become obsolete in five years.

Universities New Zealand executive director Chris Whelan told Mike Hosking EY has put out a provocative report to get attention.

He says what's happening around the world is the exact opposite of what EY is suggesting.

"So we're actually seeing more and more young people taking on graduate degrees because more and more of the workforce is requiring those skills."

Whelan says university graduates also have a much lower rate of unemployment than other young people.

LISTEN TO CHRIS WHELAN TALK WITH MIKE HOSKING ABOVE

There's a push for shark cage diving to be made safer for divers, swimmers and sharks.

Invercargill MP Sarah Dowie has put forward a Private Member's Bill because the activity is currently unregulated.

She told Mike Hosking Stewart Island locals are feeling unsafe because operators are working within 10 kilometres of a popular swimming beach.

"So obviously when you're dealing with apex predators and there's lots of different water users, we need to put in place minimum standards to keep people safe."

The bill is yet to be pulled out of the ballot.

LISTEN TO SARAH DOWIE TALK WITH MIKE HOSKING ABOVE

There are calls to keep parliament more focused on creating policy and laws.

This after MPs spent most of the first sitting hour of the new Parliamentary session, congratulating Kate and William on their new baby and singing a waiata.

They'd just returned from a two week break.

READ MORE: MPs slammed for 'wasting time' with Prince Louis congratulations

National Party MP Mark Mitchell told Mike Hosking it's worthwhile to recognise major events.

"Parliamentarians have the chance to stand up in Parliament and express those types of feelings, especially around the birth of Prince Louis, but it has to be kept short and to the point."

However, Labour's Stuart Nash said there's an easy way for parliament to cut back on time over events like this.

"If the Opposition feel that that is the best way to do it, then Simon Bridges doesn't have to stand up and repeat what Jacinda has already said."

LISTEN TO MARK MITCHELL AND STUART NASH TALK WITH MIKE HOSKING ABOVE

Language and brain researchers have been left scratching their heads following a new discovery.

It's been found that starting to learn a language before the age of 10, is the best way to ensure you become fluent.

If you start learning a language after this age, you have no chance of being able to speak like a native.

Boston College Psychology Professor Josh Hartshorne told Mike Hosking this new discovery's thrown a wrench into their theories.

"We had all though that it dropped off a lot earlier, so people were looking at changes in the brain at say five years-old or 12 years-old and nobody was really looking at these later ages so we are really going to have to stat over from scratch trying to figure this out."

LISTEN ABOVE AS JOSH HARTSHORNE SPEAKS WITH MIKE HOSKING

MPs are said to be well aware of the perception they often waste time, but one of their former colleagues believes they won't do anything about it.

Some eyebrows were raised when after a two week recess, Parliament spent most of the first sitting hour congratulating Kate and William on the birth of Prince Louis and singing a waiata.

Former United Future Leader Peter Dunne told Mike Hosking he once raised the time-wasting issue with the Speaker of the House and party leaders.

"It was yes, nodding heads of agreement, but oh no, we can't do anything about it because people like the opportunity to have their thoughts recorded."

Prime Minister Jacinda Ardern passed a motion this afternoon to congratulate Prince William and Catherine, Duchess of Cambridge on the birth of their third child, Prince Louis.

"Along with many people around the globe, New Zealanders have witnessed and celebrated the joy that the Duke and Duchess of Cambridge have clearly found with their children Prince George and Princess Charlotte," Ardern said.

"I'm very pleased to lead the House's congratulations on the birth of a third child to this close-knit family.

"I'm sure that the duke and duchess are cherishing this special time with their new son, and no doubt Prince George and Princess Charlotte are enjoying getting to know their new little brother."

Ardern spoke about New Zealand's gift to the royal couple – a baby blanket and a selection of New Zealand books.

Leader of the Opposition Simon Bridges said it brought him "heartfelt joy" to congratulate Prince William and Catherine on the birth of their "beautiful bonny boy".

"Can I say to Catherine: it is quite an extraordinary feat, really, to appear publicly only hours after the birth looking so radiant.

"And I'm sure that she, her husband, and the older siblings, George and Charlotte, have real, as I say, joy at the birth of their little one."

Green co-leader Marama Davidson sung a waiata for the couple, which she said she wrote for her own children.

LISTEN TO PETER DUNNE TALK WITH MIKE HOSKING ABOVE

Ngāruawāhia locals say it used to be safe to jump into the Waikato River from a rail bridge but not anymore.

At least 100 residents met with Waikato District Council and KiwiRail representatives at a community meeting last night.

It followed the death of an 11-year-old girl on the bridge in March.

Community Board chair James Whetu told Mike Hosking they need to stop the tradition of jumping off the bridge.

"Our engagement as a community with the river has always been there and obviously over generations the level of risk taking has become a bit unmanageable for us."

LISTEN ABOVE AS AS JAMES WHETU SPEAKS WITH MIKE HOSKING

Free rein for Dame Jenny Shipley when she interviews Hillary Clinton in Auckland next week.

The former Prime Minister is MCing the event with the former US Secretary of State and presidential candidate on Monday night.

She told Mike Hosking the questions will be guided by what New Zealanders want to know.

"There are 45 minutes where we can traverse a whole range of issues. I have been given and indication of a probe they did in New Zealand of what we would like to hear from her but no I can ask any question I like."

LISTEN ABOVE AS JENNY SHIPLEY SPEAKS WITH MIKE HOSKING

Corrections says it's improving the way it deals with complaints against prison staff.

A total of 31 allegations of sexual and serious assault were made against staff between 2012 and 2016, however Corrections can't say how many, if any, of the guards were stood down.

Corrections chief custodial officer Neil Beales told Mike Hosking a central data collection system's being developed to better track investigations.

"We need to be able to respond more quickly and more appropriately. But what is not correct to say is that these things don't get looked into, that they get ignored."

Beales says some of the complaints are possibly still under review.

The allegations have only come to light due to poor record keeping by Corrections. 

LISTEN TO NEIL BEALES TALK WITH MIKE HOSKING ABOVE

Another small dip in global dairy prices at the latest auction overnight.

Overall dairy prices are down 1.1 percent, correcting for a 2.7-percent rise at the last auction a fortnight ago.

JMIS analyst Jason Watson told Mike Hosking milk powder results are mixed.

"Whole milk powder is down 1.5 per cent, and skim milk up about 3.5 per cent."

Butter prices remain unchanged.

Dairy prices dropped last year, before rising significantly at the start of this year.

Watson says prices have remained relatively flat since February.

"There hasn't been a lot of [movement in the index] for a while."

LISTEN TO JASON WATSON TALK WITH MIKE HOSKING