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Speaker 1: Opinion, Edit, Informed, und apologetic, the my Asking Breakfast with

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Speaker 1: a Veda, Retirement, Communities, Life Your Way News togs had been.

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Speaker 2: Moody and well. Kevin, let's talk money and recovery. The

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Speaker 2: Reserve Bank governor has an interesting work on social impact bonds.

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Speaker 2: Also the number of businesses that don't have websites. Bick

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Speaker 2: Wronger is back. Can you believe it's been fifteen years

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Speaker 2: since her last original album? Joe mccannon's Rome ended. Does

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Speaker 2: Budget Day in the UK? Pasky right, Oh, seven past six,

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Speaker 2: Welcome to the day. A couple of things out of

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Speaker 2: Christian's announcement yesterday before he rocks up later this morning. One,

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Speaker 2: the vote was five to one. Who's the one? And

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Speaker 2: how is it possible they think that doing nothing was

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Speaker 2: an answer? And how obsessed have the committee been over

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Speaker 2: the past year on this idea that their cuts are

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Speaker 2: yet to flow through to the economy. And if we

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Speaker 2: just hold and hold and hold, the good times are coming?

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Speaker 2: Talk about a misreute. Two? Given that, don't you want

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Speaker 2: to know who these people are and what they think

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Speaker 2: and why they think it, and therefore we can gain

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Speaker 2: greater insight as to whether we should have any confidence

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Speaker 2: in them at all. Three. Given the call and the

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Speaker 2: fact it's probably the last cut, can we not all

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Speaker 2: conclude that the mid year pause where they did nothing

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Speaker 2: believing they had done enough, might be just one of

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Speaker 2: the bigger cockups of modern economics.

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Speaker 3: Four?

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Speaker 2: What about the commentary? Greater caution on the part of

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Speaker 2: households and businesses could slow the pace of recovery. Alternatively,

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Speaker 2: their recovery could be faster and stronger than expected. Awesome, So, experts,

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Speaker 2: without a clue, anything could happen. Your guess is as

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Speaker 2: good as mine. Five. The retail banks to the cooperative

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Speaker 2: were in like a robber's dog. The floating now is

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Speaker 2: below five. See you reckon, I reckon. You get something

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Speaker 2: with a four mid four long term? I'd go for it.

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Speaker 2: I mean, take my advice or leave that. I don't care,

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Speaker 2: but force something for five years that looks pretty good

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Speaker 2: to me. I just think this is it. I think

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Speaker 2: a whole lot of people were looking for an end.

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Speaker 2: This is as close to an end as a bunch

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Speaker 2: of non committals will give you. It's summer, it's Christmas,

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Speaker 2: We're over it. The recovery is there or thereabouts for

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Speaker 2: enough people to materially get on with life six. There

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Speaker 2: was some commentary that was a bit hawkish. Ah, you

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Speaker 2: know what it would mean more to me if I

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Speaker 2: honestly thought these people were on top of their game.

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Speaker 2: You give weight to expertise, So I'm not sure we're

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Speaker 2: dealing with ments some members here at all? Could we

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Speaker 2: should we have done it differently? Of course we should have.

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Speaker 2: But two point twenty five short of the world going

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Speaker 2: pop and actually don't rule that out, but short of

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Speaker 2: a calamitous private equity AI bubble bursting meltdown, we can

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Speaker 2: turn the page. Bring on twenty six things, as dream

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Speaker 2: said in nineteen ninety three, can only get better.

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Speaker 1: News of the world in ninety seconds.

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Speaker 2: Budget die in Britain and the Chancellor did not disappoint.

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Speaker 2: She text everything that moves.

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Speaker 4: Those are my choices, not austerity, not reckless borrowing, but

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Speaker 4: cutting the debts, cutting waiting less and cutting the cost

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Speaker 4: of living. Those are labor choices promised and delivered by

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Speaker 4: this budget.

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Speaker 2: Tories were scathing.

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Speaker 5: She should be on the side of a young person

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Speaker 5: looking for their first job, the saver doing the right

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Speaker 5: thing and putting money away for a rainy day, the

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Speaker 5: pensioner trying to enjoy a decent retirement. This country work

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Speaker 5: when you make the country work for them.

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Speaker 6: Farage was scathing, Who is going to pay all these

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Speaker 6: increased taxes? Basically, working people are going to be subsidizing

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Speaker 6: a welfare bill that shows no sign of going down.

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Speaker 7: What so ever.

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Speaker 2: The Chief Secretary to the Treasury trying to defend the texathon.

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Speaker 8: What we decided not to do was to go down

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Speaker 8: the route of further cuts to public investment. And we

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Speaker 8: decided not to go down the route of uncontrolled borrowing

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Speaker 8: because we're determined to get the cost of borrowing down.

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Speaker 8: We chose to take fair and necessary decisions when it

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Speaker 8: comes to taxation.

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Speaker 2: The small twist the OBR the Office a Budget Responsibility

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Speaker 2: coughed it up and published it all. And how really we.

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Speaker 9: Launched an investigation into that, the report of the Treasure

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Speaker 9: Quity of Parliament.

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Speaker 10: I'm into the Chancellor.

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Speaker 7: We apologize for the era.

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Speaker 9: I will take action via sure it doesn't happen again.

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Speaker 2: Okay, later on all of that. It really was quite

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Speaker 2: the document. In Hong Kong, we've got a high rise

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Speaker 2: fire thirteen at least the powerbate gate has got seven

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Speaker 2: hundred on the job.

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Speaker 3: The temperature inside the buildings concerned are very high, so

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Speaker 3: it's quite difficult for us to enter the building and

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Speaker 3: go upstairs to conduct with firefighting and rescue operation.

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Speaker 2: Then state side where the co phone called Leak shows

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Speaker 2: him coaching the Russians on what to say to the president.

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Speaker 2: Were the President's batting all that away?

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Speaker 3: That's what a deal make your days.

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Speaker 11: You got to say, look, they want this, You've got

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Speaker 11: to convince.

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Speaker 2: Him with this. You know, that's a very standard form

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Speaker 2: of negotiation.

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Speaker 7: I haven't heard it, but I heard it was standard.

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Speaker 2: Negotiation, standar negotiation Georgia. By the way, I'll updated you

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Speaker 2: shortly that Georgia case against Trump that's now gone as well.

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Speaker 2: Just developing this morning news of the world in ninety inflation.

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Speaker 2: You want to find a place with inflation Australia, hold

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Speaker 2: my ba more shortly eleven past six.

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Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio, how

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Speaker 1: It News Talk Zippy.

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Speaker 2: Uber New Zealand got some news today, some weird research

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Speaker 2: around that. But Uber internationally they've gone into our Derby

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Speaker 2: overnight driver as we ride Robotaxi, so you can get

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Speaker 2: a robotaxi now in Austin, Phoenix, in Atlanta first time

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Speaker 2: in the middle Easter. Next time you're in Abu Dhrby,

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Speaker 2: there's Nuba robo taxi for you. Fourteen pass. I'm sure

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Speaker 2: in Partnersandrew Kella, ha, good morning, very.

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Speaker 7: Good morning, Mike.

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Speaker 2: Your view of two two five?

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Speaker 12: What is it?

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Speaker 5: Ah?

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Speaker 7: Well, there you got big day yesterday.

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Speaker 13: So we've said hira rata Governor Christian Hawksby and oh, yeah,

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Speaker 13: you've got a couple more days, hasn't He's got to

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Speaker 13: the thirtieth.

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Speaker 7: But maybe we've also said see you later to.

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Speaker 13: Official cash rate reductions and we're very much in weight

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Speaker 13: and see mode now.

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Speaker 7: Yeah.

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Speaker 13: For the record, the Arby en Zi dropped the oceada

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Speaker 13: two point twenty five per cent, which makes us pretty

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Speaker 13: low now compared to other jurisdictions. The move was almost

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Speaker 13: universally expected, so no surprises there.

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Speaker 7: Focus was very much on the outlook. Now.

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Speaker 13: I don't think the outlook that they gave was altogether surprising,

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Speaker 13: but the market reaction we've.

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Speaker 7: Seen suggests there was at least a section of the.

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Speaker 13: Financial market that was expecting a more explicit reference to fewings,

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Speaker 13: which there wasn't. So the Kiwi dollar did something quite

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Speaker 13: unusual yes day. It went up very much a weight

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Speaker 13: and sea attitude to further cuts. Basically, rbn Z is done.

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Speaker 7: I think they're done, pending.

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Speaker 13: Clear evidence of you know, domestic economic weakness or maybe,

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Speaker 13: as you I think just pointed out, significant external events.

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Speaker 13: A key point Mike, it's they've got three months now

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Speaker 13: until the next RBNZ meeting, so they're sort of in

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Speaker 13: holiday mode as far as the ocr is concerned. They

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Speaker 13: do get plenty of data, but you've also got a

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Speaker 13: new boss coming in, so I think it makes sense

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Speaker 13: to give that new boss some optionality. What do they

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Speaker 13: think they get a clear whiteboard. It also seems like

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Speaker 13: a reasonable position to take, or certainly an understandable one.

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Speaker 13: Another cut to me looks like a big call from here.

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Speaker 13: I agree with the sentiment out there. There's a pretty

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Speaker 13: big hurdle for another cut. Note that there was a

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Speaker 13: dissenting voter their mic. It was five to one. Yep,

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Speaker 13: assuming that one didn't want to cut. I mean, after all,

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Speaker 13: they are rolling the dice on that spare capacity and

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Speaker 13: economy leading to inflation backing off from what it currently

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Speaker 13: is right at the edge of their band. Another comment,

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Speaker 13: Mic is just because the RB and Z is done

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Speaker 13: or sort of calling its jets on oce D cuts

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Speaker 13: doesn't mean the impact of cuts to date doesn't keep

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Speaker 13: feeding through into the economy. I know you have a

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Speaker 13: view on this as well, but the transmission of monetary

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Speaker 13: policy does continue. This quite a bit of the total

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Speaker 13: mortgage pool to reprice because for a while some people haven't.

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Speaker 13: There is a group of people out there that haven't

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Speaker 13: refixed their mortgage rates as they've come on. They've gone

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Speaker 13: on to a floating rates because they're sort of gaming

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Speaker 13: and waiting for lower fixed rates. That's probably probably not

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Speaker 13: going to see much lower fixed rates now. So look,

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Speaker 13: i'd say out there, fixing now is probably not a

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Speaker 13: bad idea. Their forecast growth picks up to zero point

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Speaker 13: four in Q three, higher again zero point seven and

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Speaker 13: Q four. They said that zero point minus zero point

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Speaker 13: nine and Q three probably overstated the weakness CPI inflation

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Speaker 13: does drop back next year, but I did notice the

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Speaker 13: unemployment rate that only drops very slowly next week. Dear, so,

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Speaker 13: sort of weaker employment markets than their view are probably

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Speaker 13: with us for a while. The final point, I'd say,

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Speaker 13: Mike is one of the great things in my day

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Speaker 13: to day life is I get meet a lot of people.

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Speaker 7: I was in why can I Yesterday?

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Speaker 13: I was at the O Tai Honga boating Club talking

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Speaker 13: to clients of a big accounting film on the cabin

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Speaker 13: he goes to live in the dream. But I get

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Speaker 13: to hear what a lot of people are saying. And

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Speaker 13: I've been doing this for about six weeks now, and

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Speaker 13: one common theme I've heard right across the country real

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Speaker 13: estate agents are busy, Mike. So the housing market looks

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Speaker 13: like it will pick up next year. Market reaction, Yeah,

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Speaker 13: Kiwi dollar got to rocket up a quite a lot stronger,

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Speaker 13: but local wholesale interest rates also quite a bit higher

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Speaker 13: and that has an impact on those fixed rate mortgage

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Speaker 13: settings as well.

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Speaker 2: Right across the townsman, can I suggest when you jurymander

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Speaker 2: the power market and start tossing in money from the

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Speaker 2: government to pay your power bill, you might pay the

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Speaker 2: price for that. And that's what happened yesterday.

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Speaker 13: I had to look at this number several times because

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Speaker 13: I didn't think it was right, But electricity in the

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Speaker 13: last twelve months and the Aussie CPI is up thirty

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Speaker 13: seven point one percent, So yeah, Aussie CPI, certainly this

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Speaker 13: didn't help our bond rates Yesterday might because the Aussie

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Speaker 13: CPI printed much higher than expected. So they've moved to

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Speaker 13: a monthly CPI release. It will take a while to

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Speaker 13: get used to. You could see a few wobbles around

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Speaker 13: things like seasonal adjustments as they get used to that.

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Speaker 13: But it's definitely a surprise to the upside. When I

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Speaker 13: was looking at this last night, one headline jumped out

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Speaker 13: and me and said, nightmare.

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Speaker 7: For the RBA.

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Speaker 13: The RBA's preferred measure rose three point three percent year

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Speaker 13: on year in October. It's been over three percent for

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Speaker 13: months now. But the headline inflation rate three point eight percent.

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Speaker 13: That's mattic, isn't it. They started these months I was

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Speaker 13: back in Apri. It's the highest points it's been since then.

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Speaker 13: It did it. It sort of shunted Australian interest rates higher,

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Speaker 13: and there's a lot of talk now that the next

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Speaker 13: move from the RBA could.

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Speaker 2: Be up interesting. What are the numbers?

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Speaker 13: Yeah, so US market's looking pretty good. The Dow Jones

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Speaker 13: is up three seventy six points forty seven thousand, four

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Speaker 13: hundred and eighty eight. That's up point eight percent. The

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Speaker 13: S and P five hundred is up point nine one percent,

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Speaker 13: sixty one percent six eighty seven. They're all getting balled

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Speaker 13: up now about a cut in the FED funds rate.

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Speaker 13: In December, the Nasdaq is up point eight four percent

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Speaker 13: one hundred ninety three points twenty three thousand, two hundred

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Speaker 13: and twenty the US market. The UI market actually went

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Speaker 13: up up point nine percent eighty six points nine six

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Speaker 13: ninety six. The Nike a strong day, up one point

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Speaker 13: eight five percent forty nine thousand, five hundred and fifty nine.

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Speaker 13: Shanghai Composite fell six points three eight sixty four. The

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Speaker 13: Aussi's yesterday game point eight one percent. That's sixty nine

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Speaker 13: points eighty six o six. We haven't had time to

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Speaker 13: talk about the New Zealand market, but a couple of

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Speaker 13: good numbers there yesterday from Fisher and Pocal Healthcare also

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Speaker 13: channel infrastructure up that helped our market to a eighty

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Speaker 13: one point gain point six one thirteen thousand, five hundred

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Speaker 13: and six two keem we dollar here we go, point

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Speaker 13: five sixty nine to two against the US, point eight

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Speaker 13: seven three seven against the OSSI, point four nine on

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Speaker 13: nine euro Zo, point four three against the pound, eighty

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Speaker 13: nine against the Japanese Yen gold rallied yesterday four one

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Speaker 13: sixty seven and Brent Crew sixty two dollars and forty

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Speaker 13: seven cents.

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Speaker 2: Catch up tomorrow. Mate Andrew Keller has share and partners

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Speaker 2: Pasky Yes the aforemention of Fisher and Parker Healthcare well done,

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Speaker 2: largest exporter and revenue up fourteen percent, the thirty nine

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Speaker 2: percent increase in first heart net profit, the revenue over

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Speaker 2: a billion dollars, hospital profit at six ninety two million,

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Speaker 2: the home care at three fifty nine million, operating margin

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Speaker 2: twenty six per that. It's aubit and they're happy at

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Speaker 2: Apple today because for the first time in fourteen years globally,

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Speaker 2: this is they going to ship more iPhones than Samsung

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Speaker 2: are going to They're going to ship two hundred and

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Speaker 2: forty three million iPhones this year compared to Samsung's two

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Speaker 2: hundred and thirty five million. Six to twenty one. Eric

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Speaker 2: News Talks NB.

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Speaker 14: And he were so sexy.

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Speaker 1: The Vike Hosking Breakfast Full Show podcast on iHeartRadio powered

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Speaker 1: by The News Talks B.

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Speaker 2: I will work you through the UK budget later enders

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Speaker 2: with us this morning. But basically she's taxed everything, houses

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Speaker 2: National insurance income thresholds have been frozen. The money you

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Speaker 2: put aside for retirement, that's capp so anymore as suddenly

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Speaker 2: the two child benefit cap has been scrapped, so you

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Speaker 2: can have as many kids as you want on welfare.

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Speaker 2: A mansion tax of its two million year tax, one lot,

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Speaker 2: five million tax holiday. Just it's unbelievable anyway more. Later

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Speaker 2: George is gone, as in the case as in Trump

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Speaker 2: ringing up, Remember the phone call, I need some more votes,

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Speaker 2: I need some more votes. That case, it's gone. They've

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Speaker 2: got a new prosecutor. Given the complexity of the legal

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Speaker 2: issues at hand, ranging from constitutional questions and the supremacy

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Speaker 2: clause to immunity, jurisdiction, venue, speedy trial concerns, access to

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Speaker 2: federal records, and even assuming each of these issues was

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Speaker 2: resolved in the States favor, bringing this case before a

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Speaker 2: jury in twenty nine to thirty or even thirty one

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Speaker 2: would be nothing short of a remarkable feat. So based

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Speaker 2: on that, he's done six twenty.

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Speaker 1: Five Trending now with Keema Twells Black Friday Sale.

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Speaker 2: Now nixt installments and Tyler Sheridan's Yellowstone. Is he a Yellowstone?

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Speaker 2: Produced two spinoffs? We got eighteen eighty three and nineteen

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Speaker 2: twenty three. But wait, there's more. We've got nineteen forty

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Speaker 2: four coming. But wait, there's more. There's also Michelle feiffelid

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Speaker 2: series called The Madsine and another one called The Dutton Ranch.

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Speaker 2: But wait, there's more. There's also Casey Dutton spin off,

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Speaker 2: which we have a trailer for. It's called Why Marshals.

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Speaker 2: It's about him joining an elite team of US Marshalls

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Speaker 2: to deliver ranch justice.

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Speaker 10: For it every day, to get out from another way

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Speaker 10: to the Yellowstone, Come of lost, My teammates, my parents,

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Speaker 10: give me my brothers.

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Speaker 5: You know.

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Speaker 2: It's sometimes good and then I have to do bad things.

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Speaker 2: But I'm trying to find a new beginning. Crazy be

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Speaker 2: my Marshalls. Sully Fine, they look like God's country team.

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Speaker 2: But the devil's running free out there, man. The Devil's

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Speaker 2: running free out there.

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Speaker 10: Man.

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Speaker 2: They're all born with a killer instinct. Look you're not

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Speaker 2: a killer.

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Speaker 3: Casey Beer protector.

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Speaker 2: Luke Grimes is back as Casey Dutton. Paramount's got Sheridan signed,

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Speaker 2: of course, with NBC Universal for a billion to produce

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Speaker 2: his shows from twenty twenty nine. Meantime, this lot's out

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Speaker 2: on UB a CBS in the States and Paramount Plus,

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Speaker 2: which means nothing to us because it all ends up

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Speaker 2: here on Neon land Man. We started watching season two

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Speaker 2: land Man. I thought he ended weirdly in season one,

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Speaker 2: so weird that I thought, do I really need Season

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Speaker 2: two in my life? Season two's gone strange. It's very good,

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Speaker 2: but it's they've gone down the comedic route to the

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Speaker 2: point where it wasn't really a comedy. It was a

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Speaker 2: drama with some funny lines, and now they've overworked the

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Speaker 2: comedy and some of it's quite good. Some of it isn't.

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Speaker 2: But I'm sort of fall in love with it now,

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Speaker 2: so I'm hooked in forever as far as they can

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Speaker 2: work out fis. Season three, You see Me, that's good too.

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Speaker 2: I was good as see one. Season two was a

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Speaker 2: weak point, but season three's okay. So there's a couple

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Speaker 2: of hostco recommendations for him building up to the weekend,

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Speaker 2: along with the f one, of course, Christian hawksby Reserve

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Speaker 2: Bank Governor.

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Speaker 1: After seven thirty, You're trusted home for news, sport, entertainment, opinion,

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Speaker 1: and Mike the Mic asking Breakfast with the Defender, Embraced

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Speaker 1: the impossible news Togs dead been to report.

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Speaker 2: The death toll in the Hong Kong fire is up

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Speaker 2: to thirty six. Will keep you posted obviously. Meantime in Italy,

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Speaker 2: if you followed the Australian News, there has been a

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Speaker 2: big deal there because one of the parents is Australia. Anyway,

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Speaker 2: families living off the grid, they all eat poisons, mushrooms,

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Speaker 2: end up in hospital and the Italian authority is now

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Speaker 2: taken the kids off them. So that's turned into a

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Speaker 2: major Joe mckhead on that. Shortly back here a new

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Speaker 2: report into the performance of social impact bonds. Now what

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Speaker 2: happens is the private investors they back social services. The

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Speaker 2: government only pays when the agreed outcomes a met This

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Speaker 2: reports by the Maximum Maximum Institute. Your researcher as Thomas

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Speaker 2: Scrimmager who is with us, Thomas morning Wing, Mike, is

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Speaker 2: it a bit cheery picky for the investor? In other words,

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Speaker 2: this is easy to do if you go in thinking

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Speaker 2: there's an easy outcome and some of the crunchy stuff

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Speaker 2: never gets covered or does it work for everyone pretty much?

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Speaker 11: Well, it's certainly something that the government, as the instigator

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Speaker 11: of the contract, has to be careful about and that

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Speaker 11: they have to define the problem correctly. But essentially that's

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Speaker 11: the same problem that all social services have, is that

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Speaker 11: some people have relatively simple challenges. They've challenges that in

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Speaker 11: government helped for, but it's reasonably straightforward, and some people

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Speaker 11: have really complex lives. I think the beauty of social

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Speaker 11: impact bonds as an approach is it allows highly flexible

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Speaker 11: and customizable interventions and to actually you can target the

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Speaker 11: people who are most vulnerable and not simply the easy options.

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Speaker 2: The Genesis Youth trial or trust trial that you cite

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Speaker 2: that reduced youth offending. My thirty percent generated nine dollars

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Speaker 2: of value for every dollar invested. Is that the gold

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Speaker 2: medal or can that be standard?

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Speaker 7: Oh?

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Speaker 11: Absolutely, I think that could be stand and every bond

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Speaker 11: would be unique. But that was New Zealand's first trial

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Speaker 11: instigated back in twenty sixteen under bil English, and in

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Speaker 11: the review it was both a roaring success, but there

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Speaker 11: were heaps of learnings. You know, you think about it

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Speaker 11: the same way to any sort of product or service.

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Speaker 11: The first time you do it, you're doing it the

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Speaker 11: hard way because there's all sorts of things you have

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Speaker 11: to figure out. There are negotiations, what are we doing here,

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Speaker 11: but they achieved a great success of the Genesis Youth

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Speaker 11: trial and it was the first time. If you keep

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Speaker 11: doing it, you learn, you get more efficient, you get

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Speaker 11: better outcomes.

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Speaker 2: Yeah, how many of these programs are out there? I mean,

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Speaker 2: how far short of maxing this out are we?

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Speaker 15: Oh so in New.

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Speaker 11: Zealand where we're sort of the government is currently talking

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Speaker 11: about doing a few more. The previous National government set

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Speaker 11: up this trial with Genesis use and tried to set

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Speaker 11: up another one. But we're not currently doing any others

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Speaker 11: of these, But globally there is quite a few of

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Speaker 11: the UK. Well, it's a new thing since twenty ten.

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Speaker 11: The UK first trialed them and then New Zealand started

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Speaker 11: making some noise towards the later end of the last

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Speaker 11: National government, but then it just was the work wasn't pursued.

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Speaker 11: And so the current government have a voice some interest

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Speaker 11: in these, and so we're saying we should go further,

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Speaker 11: that this is really interesting.

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Speaker 2: So so how is it that something that's fifteen years

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Speaker 2: old and the original trial worked and worked really well

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Speaker 2: and this is a government that's looking to improve the

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Speaker 2: social outcome of New Zealander. Is that somebody somewhere hasn't

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Speaker 2: gone to tell you what, let's give this another crack.

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Speaker 11: Well, I think they are doing some work in this space.

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Speaker 11: I mean obviously wanting to do a lot with social investment,

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Speaker 11: which is the analytical framework that sits above it. So

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Speaker 11: I can't really speak to why they're not pushing faster

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Speaker 11: with it now. They haven't you know, they've only been

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Speaker 11: in for a few years. These are the processes. Is

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Speaker 11: going to take a bit of time, but we really

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Speaker 11: would like to see them pushing with us further because

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Speaker 11: you think they're a real opportunity.

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Speaker 2: Yeah, you also recommend a cross party political approach. Is

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Speaker 2: that a bit dreamy really because this is ideological as

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Speaker 2: an I caount see the Labor Party. You are loving this.

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Speaker 11: Well, you know, I think there's a room for everyone

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Speaker 11: to get on board with this because really it's simply

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Speaker 11: a way of partnering with social services and there's all

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Speaker 11: support with that in New Zealand that government has a role.

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Speaker 11: Community organizations are really valuable and so I think it's

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Speaker 11: simply one way that government can partner with community organizations

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Speaker 11: to deliver better services. So we're really hopeful that actually

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Speaker 11: broad support as possible.

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Speaker 2: All Right, Thomas go well, appreciate it. Thomas Scrimsher, who's

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Speaker 2: the Maximum Institute researcher. Interesting class actions are not really

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Speaker 2: a New Zealand thing, very much an American thing. But

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Speaker 2: this business of the pylon that fell over in Northland,

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Speaker 2: and it seems no question that it was Transpower's fault

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Speaker 2: and they did some compensation. They said a bit of

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Speaker 2: a sorry and stuff, but obviously the region is just

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Speaker 2: ropable still so next stop court. So we'll outline some

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Speaker 2: of this for you late in nineteen two the Mic.

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Speaker 1: Hosking Breakfast Full Show podcast on iHeartRadio powered by News

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Speaker 2: No one else does that at all, no one, So

437
00:20:20,640 --> 00:20:22,639
Speaker 2: seven day money back guarantee. So go see them at

438
00:20:22,640 --> 00:20:25,320
Speaker 2: golf Warehouse, check them out online at golf Warehouse. One

439
00:20:25,400 --> 00:20:31,720
Speaker 2: word Golfwarehouse dot m z mosking on some job news HP.

440
00:20:31,880 --> 00:20:33,359
Speaker 2: You think AI is going to affect jobs?

441
00:20:33,520 --> 00:20:33,680
Speaker 12: HP?

442
00:20:33,880 --> 00:20:38,240
Speaker 2: Overnight Hughlett Packard they're restructuring. They're eliminating ten percent of

443
00:20:38,280 --> 00:20:41,080
Speaker 2: the global workforce just like that, thanks to AI and efficiency.

444
00:20:41,080 --> 00:20:43,159
Speaker 2: They're going to save a billion in annual savings by

445
00:20:43,200 --> 00:20:44,680
Speaker 2: the end of twenty eight. So ten percent of the

446
00:20:44,720 --> 00:20:46,919
Speaker 2: workforce is gone. Thank you very much for coming. How

447
00:20:47,000 --> 00:20:48,400
Speaker 2: many is that? Six thousand jobs?

448
00:20:48,520 --> 00:20:48,879
Speaker 12: Just like that?

449
00:20:49,040 --> 00:20:54,000
Speaker 2: Meantime, MIT Massachusetts Institute of Technology, they've done a study

450
00:20:54,040 --> 00:20:57,040
Speaker 2: out this morning on they're telling us that artificial intelligence

451
00:20:57,160 --> 00:21:00,880
Speaker 2: already right here, right now this morning, replace eleven point

452
00:21:00,920 --> 00:21:02,879
Speaker 2: seven percent of the US labor market just like that,

453
00:21:03,119 --> 00:21:07,400
Speaker 2: mainly in finance, healthcare, and professional services. It's a simulation

454
00:21:07,560 --> 00:21:10,320
Speaker 2: program that says here's what AI can do. How many

455
00:21:10,400 --> 00:21:12,360
Speaker 2: jobs can do that? Can we match them up? Beau?

456
00:21:12,400 --> 00:21:14,399
Speaker 2: You can eleven point seven percent of people of suddenly

457
00:21:14,520 --> 00:21:15,720
Speaker 2: unemployed six.

458
00:21:15,720 --> 00:21:20,200
Speaker 1: Forty five International correspondence with Ends and Eye Insurance, Peace

459
00:21:20,240 --> 00:21:21,600
Speaker 1: of Mind for New Zealand Business.

460
00:21:21,680 --> 00:21:22,720
Speaker 2: Yeah, McKenna, how are.

461
00:21:22,720 --> 00:21:24,400
Speaker 16: You great, Mike?

462
00:21:24,440 --> 00:21:25,160
Speaker 15: How are you well?

463
00:21:25,200 --> 00:21:26,720
Speaker 2: Indeed you got the Christmas lights up?

464
00:21:27,520 --> 00:21:29,960
Speaker 14: Yeah, there's time to pop up, get a hunting into

465
00:21:30,000 --> 00:21:30,320
Speaker 14: the mood.

466
00:21:30,600 --> 00:21:32,679
Speaker 2: I love it now. This is a lot of interests

467
00:21:32,680 --> 00:21:34,760
Speaker 2: are saying before, a lot of interest in Australia over this.

468
00:21:34,920 --> 00:21:37,040
Speaker 2: I can't remembers that the mother or the father is Australian,

469
00:21:37,080 --> 00:21:38,240
Speaker 2: one's British, one's Australia.

470
00:21:39,480 --> 00:21:42,920
Speaker 14: Yes, we have an Australian mother, Catherine Birmingham from Melbourne.

471
00:21:43,119 --> 00:21:46,320
Speaker 14: And the husband that we're talking about is Nathan Trevillion.

472
00:21:46,400 --> 00:21:47,320
Speaker 14: He's from Bristol.

473
00:21:47,600 --> 00:21:47,800
Speaker 3: Yeah.

474
00:21:47,880 --> 00:21:50,600
Speaker 2: So they're out in the woods doing their off grid thing.

475
00:21:50,760 --> 00:21:52,320
Speaker 2: But really, you don't want to read a lot of

476
00:21:52,359 --> 00:21:54,240
Speaker 2: these weird mushrooms because you leaned up in the hospital.

477
00:21:54,359 --> 00:21:56,480
Speaker 2: Next thing, the Italian authorities are knocking on your door.

478
00:21:57,760 --> 00:21:58,680
Speaker 9: Yeah, something like that.

479
00:21:58,920 --> 00:22:03,040
Speaker 14: They bought this property, just a little farmhouse in Abruzzo,

480
00:22:03,240 --> 00:22:06,520
Speaker 14: east of Rome in twenty twenty one. They came to

481
00:22:06,600 --> 00:22:10,280
Speaker 14: the attention of the authorities a year ago in September

482
00:22:10,800 --> 00:22:13,760
Speaker 14: when they were foraging for mushrooms. They all fell ill

483
00:22:13,880 --> 00:22:17,760
Speaker 14: and went to hospital and the Carabinieri police have been

484
00:22:17,840 --> 00:22:21,760
Speaker 14: monitoring them social services and last week a local court,

485
00:22:21,880 --> 00:22:25,720
Speaker 14: a children's court, removed the children from the parents and

486
00:22:26,480 --> 00:22:29,200
Speaker 14: they are being held in a shelter in a different

487
00:22:29,440 --> 00:22:33,119
Speaker 14: part of Abruzzo until the appeal goes through the courts,

488
00:22:33,160 --> 00:22:34,560
Speaker 14: probably in the next couple of weeks.

489
00:22:35,200 --> 00:22:37,480
Speaker 2: How angsty do people get about these sort of things,

490
00:22:37,600 --> 00:22:39,320
Speaker 2: rights of the parents', rights of the state, all that

491
00:22:39,359 --> 00:22:39,760
Speaker 2: sort of thing.

492
00:22:40,400 --> 00:22:43,720
Speaker 14: Well, it's incredible, Mike, what this has been like in Italy.

493
00:22:44,200 --> 00:22:47,120
Speaker 14: The whole country seems to be obsessed with this case.

494
00:22:47,240 --> 00:22:47,600
Speaker 2: Right now.

495
00:22:49,000 --> 00:22:51,679
Speaker 14: One hundred and fifty thousand people have signed a petition

496
00:22:51,880 --> 00:22:56,720
Speaker 14: online support for the family, including the far right leader

497
00:22:57,320 --> 00:23:00,240
Speaker 14: Matteo Salvini from the League. The Deputy Prime Minister, he

498
00:23:00,480 --> 00:23:03,760
Speaker 14: compared the case to a kidnapping. The Prime Minister Georgia

499
00:23:03,800 --> 00:23:07,480
Speaker 14: Maloney expressed alarm about the case. Today, the Justice Minister

500
00:23:07,560 --> 00:23:12,480
Speaker 14: Carlo Nordeo threatened disciplinary measures against the judges if they're

501
00:23:12,520 --> 00:23:14,879
Speaker 14: found to have acted incorrectly and this is part of

502
00:23:14,960 --> 00:23:17,760
Speaker 14: a bigger fight between the government and the judiciary obviously.

503
00:23:17,920 --> 00:23:20,160
Speaker 2: Yeah, of course, speaking of governments who've been voting down south,

504
00:23:20,240 --> 00:23:22,720
Speaker 2: now the opposition have done well. Would the opposition have

505
00:23:22,960 --> 00:23:25,119
Speaker 2: been expected to do well in the southern part or not?

506
00:23:25,960 --> 00:23:26,840
Speaker 15: Yeah, that's the thing.

507
00:23:27,280 --> 00:23:31,080
Speaker 14: I'm taking it fairly cautiously. A lot of people are

508
00:23:31,080 --> 00:23:34,080
Speaker 14: saying this is bad news for Maloney. But in these

509
00:23:34,280 --> 00:23:38,880
Speaker 14: regions Campagna and Pullia, the center left parties were expected

510
00:23:38,960 --> 00:23:41,399
Speaker 14: to win. They did win. But when you look at

511
00:23:41,440 --> 00:23:44,920
Speaker 14: the map overall, it's so three all draw now and

512
00:23:45,400 --> 00:23:48,720
Speaker 14: I think it is pause for thought for the Prime

513
00:23:48,760 --> 00:23:50,840
Speaker 14: Minister if she does want to look at a reelection,

514
00:23:51,480 --> 00:23:52,600
Speaker 14: just what that means for her.

515
00:23:52,560 --> 00:23:55,560
Speaker 2: Nationally when she d for an election nationally.

516
00:23:56,840 --> 00:23:58,880
Speaker 14: So she's three years in, we've got another two years.

517
00:23:58,960 --> 00:24:01,920
Speaker 2: Yeah, it's a five year term. Got agentes things brilliantly

518
00:24:02,040 --> 00:24:04,439
Speaker 2: or disastrously. Who would know this? Now? I do need

519
00:24:04,480 --> 00:24:06,800
Speaker 2: your expertise here because I'm reading about this femocide thing.

520
00:24:07,480 --> 00:24:11,280
Speaker 2: Is this win and I mean the vote was unanimous,

521
00:24:11,920 --> 00:24:14,679
Speaker 2: but is this symbolic? Is this window dressing or does

522
00:24:14,960 --> 00:24:15,920
Speaker 2: something tangible happen?

523
00:24:17,200 --> 00:24:17,440
Speaker 16: Yeah?

524
00:24:17,800 --> 00:24:18,359
Speaker 15: Good question.

525
00:24:19,560 --> 00:24:24,000
Speaker 14: How do you prove that the murder of someone is

526
00:24:24,160 --> 00:24:28,720
Speaker 14: related to their sexual identity, their gender. I'm not sure

527
00:24:28,720 --> 00:24:32,119
Speaker 14: about that. It looks very much like a symbolic gesture.

528
00:24:32,480 --> 00:24:37,679
Speaker 14: It's unusual to see all the MPs uniting and voting unanimously.

529
00:24:38,960 --> 00:24:43,119
Speaker 14: Was approved on the day that internationally is dedicated to

530
00:24:43,200 --> 00:24:46,359
Speaker 14: stop violence against women. So they're doing all the right things,

531
00:24:46,480 --> 00:24:48,200
Speaker 14: but what does that really mean on the ground.

532
00:24:48,359 --> 00:24:48,960
Speaker 10: I think the.

533
00:24:49,040 --> 00:24:51,320
Speaker 14: Experts are saying, we need more education, we need to

534
00:24:51,440 --> 00:24:53,080
Speaker 14: change the way young boys are thinking.

535
00:24:53,280 --> 00:24:57,160
Speaker 2: Of course, so who would rule I mean, so someone

536
00:24:57,200 --> 00:25:00,639
Speaker 2: gets murdered, who would rule this has been a femosite

537
00:25:00,920 --> 00:25:01,560
Speaker 2: as opposed to a.

538
00:25:02,520 --> 00:25:04,680
Speaker 14: Well, it would be up to the courts, obviously to

539
00:25:05,119 --> 00:25:08,800
Speaker 14: say that this has been a femicide, this murder.

540
00:25:08,720 --> 00:25:11,399
Speaker 2: Would you be charged with gmicide do you know? Or

541
00:25:11,560 --> 00:25:11,960
Speaker 2: just murder?

542
00:25:13,280 --> 00:25:13,520
Speaker 17: Yeah?

543
00:25:13,840 --> 00:25:16,399
Speaker 14: Unclear, but it says it's a law on femoside.

544
00:25:16,560 --> 00:25:17,400
Speaker 2: So interesting.

545
00:25:17,600 --> 00:25:18,440
Speaker 14: It's not quite clear.

546
00:25:18,680 --> 00:25:20,640
Speaker 2: Yeah, it seems odd, all right, Joe, nice to catch

547
00:25:20,720 --> 00:25:24,400
Speaker 2: up with you, Thanks mate, Joe McKenna. In Italy, of course,

548
00:25:24,600 --> 00:25:27,880
Speaker 2: the reason because Maloney drove it, so it came from

549
00:25:27,920 --> 00:25:30,840
Speaker 2: the top, and the point being from now on Italy

550
00:25:30,920 --> 00:25:33,720
Speaker 2: will record every murder of a woman that is motivated

551
00:25:33,800 --> 00:25:36,680
Speaker 2: by her gender as femicide. But you've got to cross

552
00:25:36,720 --> 00:25:40,760
Speaker 2: the line somewhere judicially or legally on the motivation, which

553
00:25:40,840 --> 00:25:44,720
Speaker 2: makes it, I suggest, probably more symbolic. It's been away

554
00:25:44,720 --> 00:25:45,480
Speaker 2: from seven.

555
00:25:45,840 --> 00:25:49,840
Speaker 1: The Myke Costing Breakfast with Bailey's real Estate news Dogs, there'd.

556
00:25:49,640 --> 00:25:52,639
Speaker 2: Be Black Friday news from the stag At and T survey.

557
00:25:52,760 --> 00:25:55,200
Speaker 2: Gen z are your biggest Black Friday shop is older

558
00:25:55,280 --> 00:25:58,320
Speaker 2: generation shop closer to Christmas. More people get gift ideas

559
00:25:58,359 --> 00:26:00,920
Speaker 2: from shopping in person and social media, So I'm encouraged

560
00:26:00,920 --> 00:26:03,119
Speaker 2: by that. That's part of their ongoing sort of the

561
00:26:03,200 --> 00:26:05,679
Speaker 2: K shape. I think we've got a K shaped economy

562
00:26:05,680 --> 00:26:07,600
Speaker 2: as well. In other words, if you gainful employed and

563
00:26:07,640 --> 00:26:09,320
Speaker 2: you're doing okay, you've got plenty of money, you're living

564
00:26:09,359 --> 00:26:11,359
Speaker 2: your life. If you're at the other end, you're on

565
00:26:11,400 --> 00:26:12,920
Speaker 2: the other shape of the K or the other stick

566
00:26:12,960 --> 00:26:15,800
Speaker 2: of the cave. Forty percent of gen Z thirty two

567
00:26:15,840 --> 00:26:18,119
Speaker 2: percent of millennials plan to do most of their shopping

568
00:26:18,240 --> 00:26:21,800
Speaker 2: Black Friday. Gen Z planned to spend twenty three percent

569
00:26:21,880 --> 00:26:25,720
Speaker 2: less because everyone's angsty. Big decline, biggest decline of any generation,

570
00:26:25,840 --> 00:26:29,000
Speaker 2: seventy percent or seventy seven percent of consumers report that

571
00:26:29,040 --> 00:26:31,880
Speaker 2: they will do all their holiday shopping at small businesses

572
00:26:31,960 --> 00:26:34,760
Speaker 2: if they could. I don't believe any of that personally.

573
00:26:34,840 --> 00:26:37,560
Speaker 2: But I'm having trouble getting home at the moment too.

574
00:26:37,640 --> 00:26:40,520
Speaker 2: Somebody said yesterday U actually Carl was round delivering my

575
00:26:40,720 --> 00:26:43,159
Speaker 2: coffee machine. He's fixed its back, so that was a

576
00:26:43,240 --> 00:26:45,119
Speaker 2: very exciting day. But we were talking. I was a

577
00:26:45,280 --> 00:26:47,520
Speaker 2: tremendous trouble getting home at the moment because the traffic

578
00:26:47,640 --> 00:26:50,920
Speaker 2: is just mental. And I said Carl, I'm having trouble

579
00:26:50,960 --> 00:26:53,119
Speaker 2: getting home at the moment because the traffic's just mental

580
00:26:53,520 --> 00:26:56,080
Speaker 2: and he said, I reckon, it's Black Friday? And I thought,

581
00:26:56,200 --> 00:26:58,159
Speaker 2: is it? And then I read in the Herald yesterday

582
00:26:58,240 --> 00:26:59,760
Speaker 2: is one of their weird headlines that you've got to

583
00:26:59,800 --> 00:27:03,640
Speaker 2: start planning for Black Friday, as though, plan what plan

584
00:27:03,760 --> 00:27:05,760
Speaker 2: your park, or plan your bus route, or plan what

585
00:27:05,800 --> 00:27:08,800
Speaker 2: you're going to buy? What are you planning anti anxiety needs?

586
00:27:08,960 --> 00:27:09,120
Speaker 7: Yeah?

587
00:27:09,200 --> 00:27:11,399
Speaker 2: Probably? But I mean, is that a thing. Is the

588
00:27:11,440 --> 00:27:13,760
Speaker 2: traffic crazy at the moment just because of Black Friday?

589
00:27:13,880 --> 00:27:16,080
Speaker 2: Or am I literally making that up five minutes away

590
00:27:16,119 --> 00:27:19,080
Speaker 2: from seven for the ins and the ouse.

591
00:27:19,400 --> 00:27:23,480
Speaker 1: It's the fizz with business fiber take your business productivity

592
00:27:23,600 --> 00:27:24,360
Speaker 1: to the next lift.

593
00:27:24,400 --> 00:27:26,159
Speaker 2: Now this is the weird Uber stuff I promised you.

594
00:27:26,280 --> 00:27:28,480
Speaker 2: So they've relaunched their Uber Green service. This is here

595
00:27:28,520 --> 00:27:34,120
Speaker 2: in New Zealand. They're calling an Uber Electric. So basically,

596
00:27:34,240 --> 00:27:36,080
Speaker 2: you can request an EV to pick you up no

597
00:27:36,160 --> 00:27:38,120
Speaker 2: extra cost. If you want an EV, no extra cost.

598
00:27:38,200 --> 00:27:41,119
Speaker 2: Does an EV a hybrid? What if a hybrid turns up?

599
00:27:41,119 --> 00:27:42,680
Speaker 2: What if the PRES turns up? Is that electric or

600
00:27:42,720 --> 00:27:45,199
Speaker 2: is that a hybrid? Eh. As part of the relaunch,

601
00:27:45,240 --> 00:27:47,639
Speaker 2: they've commissioned some research. Why wouldn't you. It's done by

602
00:27:47,680 --> 00:27:50,479
Speaker 2: Stickybeek Limited. They're a company that helps marketers test products.

603
00:27:50,480 --> 00:27:52,800
Speaker 2: So it's revealed the average age of a key we

604
00:27:53,000 --> 00:27:55,560
Speaker 2: taking their first ride in an EV's forty one. That

605
00:27:55,720 --> 00:27:58,200
Speaker 2: surprises me, because what happens if you've got an EV

606
00:27:58,240 --> 00:28:00,560
Speaker 2: and you take the kids to school? Be fine, wouldn't it?

607
00:28:00,560 --> 00:28:02,680
Speaker 2: I don't think that's true. Fifty one percent of people

608
00:28:02,760 --> 00:28:05,320
Speaker 2: admitted they were curious about evs before their first ride.

609
00:28:07,760 --> 00:28:11,080
Speaker 2: After the right after the ride, forty seven percent said

610
00:28:11,119 --> 00:28:12,080
Speaker 2: they came away surprised.

611
00:28:12,200 --> 00:28:13,040
Speaker 7: What crap?

612
00:28:13,880 --> 00:28:20,960
Speaker 2: Whatsolute nonsense? Nineteen percent said they came away relieved after

613
00:28:21,000 --> 00:28:22,600
Speaker 2: their first trip. I mean, what were they thinking was

614
00:28:22,640 --> 00:28:25,080
Speaker 2: going to blow up? I hope this battery car doesn't

615
00:28:25,119 --> 00:28:27,879
Speaker 2: blow up and to set me on fire. Oh it didn't.

616
00:28:27,960 --> 00:28:32,040
Speaker 2: I made it. I'm relieved nineteen percent. Twelve percent said

617
00:28:32,080 --> 00:28:36,320
Speaker 2: they came away feeling astatic. God, they must have boring lives,

618
00:28:36,400 --> 00:28:40,880
Speaker 2: mustn't they? So boy, I was so uninspired with my

619
00:28:40,960 --> 00:28:43,520
Speaker 2: life until I got in my Electra goober And I'd

620
00:28:43,560 --> 00:28:45,520
Speaker 2: tell you what by the end of that journey or

621
00:28:45,720 --> 00:28:48,800
Speaker 2: was it ecstatically survived it because the guy followed Google

622
00:28:49,360 --> 00:28:51,600
Speaker 2: and went three times longer than he actually needed to

623
00:28:51,640 --> 00:28:53,840
Speaker 2: because he hasn't got a clue where he's going. Thirty

624
00:28:53,880 --> 00:28:56,680
Speaker 2: seven percent of people admitted they weren't entirely sure if

625
00:28:56,720 --> 00:28:58,360
Speaker 2: the cow was even turned on when they got in,

626
00:28:59,120 --> 00:29:02,960
Speaker 2: they'd be old people, Brian, is this car on? It'll

627
00:29:03,000 --> 00:29:03,600
Speaker 2: be that, wouldn't it.

628
00:29:04,000 --> 00:29:05,800
Speaker 9: I don't think old people are taking uber, are they?

629
00:29:05,960 --> 00:29:09,800
Speaker 2: Probably not? Seventeen percent so they didn't know how to

630
00:29:09,880 --> 00:29:16,760
Speaker 2: open the doors, to be fair. To be fair, now,

631
00:29:16,760 --> 00:29:18,120
Speaker 2: I don't want to sound like a snob, but I'm

632
00:29:18,200 --> 00:29:21,160
Speaker 2: driving an Aston Martin, and if you've ever seen an

633
00:29:21,280 --> 00:29:25,800
Speaker 2: Esther Martin door handle, they're famous. But there's a certain

634
00:29:25,840 --> 00:29:29,200
Speaker 2: person I'm married to who I can tell you for nothing.

635
00:29:30,040 --> 00:29:32,120
Speaker 2: Still to this day, despite the fact she's got in

636
00:29:32,200 --> 00:29:34,120
Speaker 2: the carming you anytimes, still has trouble with the Esther

637
00:29:34,200 --> 00:29:35,360
Speaker 2: Martin door handles.

638
00:29:35,960 --> 00:29:39,880
Speaker 1: The newsmakers and the personalities the big names. Talk to

639
00:29:40,040 --> 00:29:43,840
Speaker 1: Mike the mic Hosking Breakfast with Bailey's real Estate doing

640
00:29:43,920 --> 00:29:47,520
Speaker 1: real estate differently since nineteen seventy three news Togsdad be.

641
00:29:47,640 --> 00:29:49,400
Speaker 2: Only seven past seven looks like one and done. The

642
00:29:49,440 --> 00:29:51,720
Speaker 2: door technically remains open for another cup. At the twenty

643
00:29:51,760 --> 00:29:54,120
Speaker 2: five of yesterday from the Reserve Bankers, Well, it has

644
00:29:54,160 --> 00:29:56,640
Speaker 2: a finality about it, doesn't it? The governor shortly of course.

645
00:29:56,680 --> 00:29:59,480
Speaker 2: But first at retail level, are the banks moving? Steve

646
00:29:59,560 --> 00:30:01,840
Speaker 2: Yukovic is the CEO of course with Kiwi Banking is

647
00:30:01,880 --> 00:30:04,560
Speaker 2: back with the Steve very good morning to you. What

648
00:30:05,160 --> 00:30:07,280
Speaker 2: Cooperative Bank is making a big deal of their three

649
00:30:07,320 --> 00:30:10,080
Speaker 2: point one on floating? Is everyone moving and moving to

650
00:30:10,160 --> 00:30:11,360
Speaker 2: the appropriate measure?

651
00:30:12,760 --> 00:30:14,680
Speaker 12: Well, I think appropriates in the eye of the beholder.

652
00:30:14,760 --> 00:30:17,560
Speaker 12: But the everyone is moving, I think you've got to

653
00:30:17,640 --> 00:30:20,680
Speaker 12: also be aware that those moves will also impact savers

654
00:30:20,720 --> 00:30:21,040
Speaker 12: as well.

655
00:30:21,160 --> 00:30:21,280
Speaker 3: Night.

656
00:30:21,360 --> 00:30:25,000
Speaker 12: But I think most people have shown some activity yesterday.

657
00:30:25,040 --> 00:30:26,560
Speaker 12: There'll be some unfolding today, I'm sure.

658
00:30:26,880 --> 00:30:29,800
Speaker 2: Do you think that people were waiting for some sort

659
00:30:29,840 --> 00:30:32,680
Speaker 2: of signal that we were done and now they'll start

660
00:30:32,720 --> 00:30:34,160
Speaker 2: making some decisions around money?

661
00:30:35,120 --> 00:30:37,920
Speaker 12: Jeez, I hope. So we've had nine cuts now, haven't we,

662
00:30:38,000 --> 00:30:40,920
Speaker 12: And so lots of talk about green shoots that you know,

663
00:30:41,000 --> 00:30:43,720
Speaker 12: I suppose understand anybody those green shoots are only in

664
00:30:43,800 --> 00:30:47,120
Speaker 12: grass which is turned into meat and dairy. But I

665
00:30:47,200 --> 00:30:50,000
Speaker 12: mean the market pricing is showing that this is very

666
00:30:50,080 --> 00:30:52,160
Speaker 12: near the bottom, if not the bottom. And there's a

667
00:30:52,200 --> 00:30:54,280
Speaker 12: famous saying that they don't ring the bell at the bottom,

668
00:30:54,320 --> 00:30:56,760
Speaker 12: all the top, so you know, all the market says

669
00:30:56,800 --> 00:30:58,920
Speaker 12: that this is very close or as the bottom.

670
00:30:59,160 --> 00:31:01,360
Speaker 2: Okay. One of the one of the committee members yesterday

671
00:31:01,400 --> 00:31:03,480
Speaker 2: in the press conference suggested there's plenty of money out

672
00:31:03,480 --> 00:31:06,600
Speaker 2: there to be borrowed. Is there there's no shortage of equity?

673
00:31:07,640 --> 00:31:08,160
Speaker 7: No, there's not.

674
00:31:08,320 --> 00:31:09,960
Speaker 12: I think there is plenty of money that wants to

675
00:31:10,000 --> 00:31:11,640
Speaker 12: be put to work. I think there's a lot more

676
00:31:11,680 --> 00:31:14,800
Speaker 12: private capital as well. You know, people looking around the

677
00:31:14,800 --> 00:31:17,760
Speaker 12: world trying to find attractive returns, and that rates in

678
00:31:17,800 --> 00:31:20,320
Speaker 12: New Zealand are still relatively attractive to some places.

679
00:31:21,400 --> 00:31:24,160
Speaker 2: They talked yesterday too about the banks, the retail bank's

680
00:31:24,280 --> 00:31:26,360
Speaker 2: margins back to being where they were. The inference, I

681
00:31:26,480 --> 00:31:28,840
Speaker 2: think was that you guys are creaming at a little bit,

682
00:31:28,920 --> 00:31:30,520
Speaker 2: are you well?

683
00:31:30,600 --> 00:31:33,520
Speaker 12: Ours is flat, so we definitely aren't. But I think

684
00:31:33,880 --> 00:31:36,240
Speaker 12: that's a good question for everyone when they look around

685
00:31:36,320 --> 00:31:39,680
Speaker 12: to say are there returns appropriate? You know, we've had

686
00:31:39,680 --> 00:31:43,040
Speaker 12: a pretty good crack at one and Finance and Expenditure

687
00:31:43,040 --> 00:31:46,080
Speaker 12: Committee to say and argue that the present capital rules

688
00:31:46,160 --> 00:31:48,480
Speaker 12: mean that the Ossie owned banks make about three quarters

689
00:31:48,480 --> 00:31:51,080
Speaker 12: of billion dollars more than they should if the rules

690
00:31:51,120 --> 00:31:52,760
Speaker 12: were changed. So we're hoping we're going to get an

691
00:31:52,840 --> 00:31:53,320
Speaker 12: update on that.

692
00:31:53,800 --> 00:31:56,200
Speaker 2: On the eleventh of December, when you said, jeez, I hope.

693
00:31:56,280 --> 00:31:59,080
Speaker 2: So what what's your view of the power of cuts,

694
00:31:59,120 --> 00:32:02,400
Speaker 2: because those guys are talked for an entire year about

695
00:32:02,480 --> 00:32:05,320
Speaker 2: the so called flow through to the economy and it

696
00:32:05,400 --> 00:32:07,320
Speaker 2: hasn't happened, or if it has, it's made no difference.

697
00:32:08,200 --> 00:32:09,880
Speaker 12: No, I'm with you on that front. I think it's

698
00:32:10,080 --> 00:32:12,920
Speaker 12: up to each individual person to feel like they're confident

699
00:32:13,040 --> 00:32:15,320
Speaker 12: about that they're ready to go. I mean, there is

700
00:32:15,400 --> 00:32:17,920
Speaker 12: absolutely no doubt in my mind that the wealth effect,

701
00:32:18,040 --> 00:32:21,160
Speaker 12: which comes from seeing your home go up and price,

702
00:32:21,240 --> 00:32:24,320
Speaker 12: makes a big difference. I think, you know, we had

703
00:32:24,320 --> 00:32:26,640
Speaker 12: to see a bit more activity in that residential home market.

704
00:32:26,720 --> 00:32:29,120
Speaker 12: That helps. We've got a lot of businesses that have

705
00:32:29,200 --> 00:32:31,680
Speaker 12: been sitting on their hands, you know, they're hiring intentions,

706
00:32:31,760 --> 00:32:35,720
Speaker 12: their investment intentions have been really pretty loop warm. I'm

707
00:32:35,800 --> 00:32:38,840
Speaker 12: really hoping that through the next three to six months

708
00:32:39,200 --> 00:32:42,280
Speaker 12: people make that individual decision, which is hey, it's time

709
00:32:42,360 --> 00:32:45,040
Speaker 12: to invest and stop the lying on a small bunch

710
00:32:45,040 --> 00:32:45,840
Speaker 12: of people in Willington.

711
00:32:46,040 --> 00:32:48,880
Speaker 2: You sound trepidacious about twenty six. Is that fair as

712
00:32:48,880 --> 00:32:50,640
Speaker 2: opposed to boys not?

713
00:32:51,600 --> 00:32:53,360
Speaker 12: I feel like, you know, this has got to be

714
00:32:53,440 --> 00:32:56,760
Speaker 12: the bottom and so as a result of this, I

715
00:32:56,840 --> 00:33:00,000
Speaker 12: do believe that business owners and individuals don't want to

716
00:33:00,040 --> 00:33:02,280
Speaker 12: sit around on their hands forever. They've done a good

717
00:33:02,400 --> 00:33:05,480
Speaker 12: job of paying their bills. Things like rates and insurance

718
00:33:05,520 --> 00:33:07,920
Speaker 12: have been hard going. Hopefully we see a better relief

719
00:33:08,000 --> 00:33:10,520
Speaker 12: on those fronts as well in twenty six. And then

720
00:33:10,600 --> 00:33:11,960
Speaker 12: at the end of the day, people have got to

721
00:33:12,000 --> 00:33:13,720
Speaker 12: grow if they want to have a better retirement, So

722
00:33:14,120 --> 00:33:14,960
Speaker 12: let's get investing.

723
00:33:15,080 --> 00:33:18,120
Speaker 2: Good stuff. Well done. Steve Yukovic's the boss of Kiev Bank,

724
00:33:18,160 --> 00:33:21,120
Speaker 2: of course, eleven minutes past seven, asking Christine Hawksby for

725
00:33:21,160 --> 00:33:23,080
Speaker 2: a final time after seven to thirty four your meantime.

726
00:33:23,120 --> 00:33:25,240
Speaker 2: I remember the pylon that fell over in Northland, Well,

727
00:33:25,240 --> 00:33:27,040
Speaker 2: it's off to court. We have a class action against

728
00:33:27,040 --> 00:33:31,120
Speaker 2: Transpower and MIXIM seeks compensation and justice for the one

729
00:33:31,200 --> 00:33:33,800
Speaker 2: hundred and eighty thousand residents the twenty thousand businesses. Lee

730
00:33:33,840 --> 00:33:36,560
Speaker 2: macarro is the CEO of North Chamber and as with us, Lee,

731
00:33:36,680 --> 00:33:39,400
Speaker 2: morning to you, good mine. Are you guys in do

732
00:33:39,480 --> 00:33:41,440
Speaker 2: you take a stand on this or a stance on

733
00:33:41,480 --> 00:33:41,840
Speaker 2: this or not.

734
00:33:43,400 --> 00:33:45,520
Speaker 17: I think at the stage we're just taking a bit

735
00:33:45,560 --> 00:33:48,480
Speaker 17: of a wait and see because when we first when

736
00:33:48,520 --> 00:33:50,640
Speaker 17: this first came up and we actually went out to

737
00:33:50,720 --> 00:33:53,400
Speaker 17: some of our businesses, they were kind of in the

738
00:33:53,480 --> 00:33:57,320
Speaker 17: main set of it's done, that happened, we want to

739
00:33:57,400 --> 00:34:00,240
Speaker 17: move on. So I'm not sure that there is that

740
00:34:00,600 --> 00:34:03,440
Speaker 17: much energy towards it. There may be from a few,

741
00:34:04,040 --> 00:34:06,640
Speaker 17: but I think in general people see this as something

742
00:34:06,680 --> 00:34:08,799
Speaker 17: that happened in the past and as long as it's

743
00:34:08,800 --> 00:34:12,000
Speaker 17: been learnt from then they're ready to move on.

744
00:34:12,160 --> 00:34:15,080
Speaker 2: It's an interesting view. So what could you suggest that

745
00:34:15,160 --> 00:34:16,880
Speaker 2: these are Australian lawyers by the way, or into this

746
00:34:16,920 --> 00:34:18,800
Speaker 2: class action stuff. Are they trying it on?

747
00:34:20,840 --> 00:34:23,440
Speaker 17: Well, you could say that this is a culture that

748
00:34:23,640 --> 00:34:27,520
Speaker 17: is probably not aligned with a New Zealand culture and

749
00:34:27,520 --> 00:34:32,920
Speaker 17: perhaps others overseas, and whether it's something that our businesses

750
00:34:33,040 --> 00:34:35,040
Speaker 17: want to spend that energy on. I think they would

751
00:34:35,160 --> 00:34:38,719
Speaker 17: much prefer to see money energy and focus spent on

752
00:34:38,880 --> 00:34:43,719
Speaker 17: things like energy resilience, roading and things like that rather

753
00:34:43,840 --> 00:34:48,560
Speaker 17: than trying to take down a government identity in.

754
00:34:48,680 --> 00:34:52,040
Speaker 2: Your view, to transpower behave properly post the disaster.

755
00:34:54,680 --> 00:34:57,680
Speaker 17: All of my interactions indicate that yes they did. They

756
00:34:57,800 --> 00:35:02,360
Speaker 17: took it very seriously and they put in a process

757
00:35:02,480 --> 00:35:05,560
Speaker 17: to actually understand what happened and learn from it. And

758
00:35:05,600 --> 00:35:08,680
Speaker 17: I think that's really important from a safety perspective, because

759
00:35:08,719 --> 00:35:11,120
Speaker 17: as soon as we start taking a blame culture and

760
00:35:11,239 --> 00:35:14,400
Speaker 17: finger pointing, there's a lot of risk and issues.

761
00:35:14,120 --> 00:35:15,360
Speaker 10: That are swept under the carpet.

762
00:35:16,000 --> 00:35:19,160
Speaker 17: They also gave a million dollars to Northland, which has

763
00:35:19,280 --> 00:35:23,320
Speaker 17: been half of that's been distributed to projects around the district.

764
00:35:23,400 --> 00:35:25,720
Speaker 2: So I think they did Yes, good stuff. Lee, appreciate

765
00:35:25,719 --> 00:35:28,080
Speaker 2: your insight. Lee Mckerror, who's the chief executive Officer of

766
00:35:28,239 --> 00:35:32,080
Speaker 2: North Chamber thirty minutes past seven. So what about Uber Muscle?

767
00:35:32,520 --> 00:35:34,839
Speaker 2: I'd pay extra ride in an awesome v That's very

768
00:35:34,880 --> 00:35:38,359
Speaker 2: good business model. Probably the best news of the day

769
00:35:39,400 --> 00:35:41,719
Speaker 2: the New Zealand Rural Games, which are an annual event,

770
00:35:41,760 --> 00:35:44,120
Speaker 2: but they're in Palmers to North. We've got a television

771
00:35:44,160 --> 00:35:46,839
Speaker 2: deal with TV and Z. Now what does that mean

772
00:35:46,880 --> 00:35:48,120
Speaker 2: to you? What it means is they going to have

773
00:35:48,160 --> 00:35:50,120
Speaker 2: the Dog Show back on television? Is the Dog Show

774
00:35:50,160 --> 00:35:53,359
Speaker 2: along with Pop Black just screaming out to be retelevised

775
00:35:53,680 --> 00:35:55,440
Speaker 2: Pop Black's a disaster, of course. I tried to get

776
00:35:55,440 --> 00:35:57,160
Speaker 2: the Snooker on Sky and is very successful, but no

777
00:35:57,200 --> 00:35:58,839
Speaker 2: one watched it, so that's a loss. But I reckon

778
00:35:58,840 --> 00:36:01,279
Speaker 2: if you brought the Dog Show back, I reckon there's

779
00:36:01,400 --> 00:36:04,239
Speaker 2: or is that just nostealgia of a certain age. You

780
00:36:04,280 --> 00:36:05,719
Speaker 2: used to watch the Dog Show because there was only

781
00:36:05,800 --> 00:36:07,520
Speaker 2: one channel in the country and there's nothing else to watch,

782
00:36:07,520 --> 00:36:08,960
Speaker 2: and it was a Saturday or Sunday night and you

783
00:36:09,080 --> 00:36:10,840
Speaker 2: used to think watching dogs round up sheet was the

784
00:36:10,880 --> 00:36:11,319
Speaker 2: greatest thing.

785
00:36:11,280 --> 00:36:11,640
Speaker 7: In the world.

786
00:36:11,960 --> 00:36:13,320
Speaker 9: So is that part of the Rural Games?

787
00:36:13,400 --> 00:36:13,520
Speaker 5: Is it?

788
00:36:13,760 --> 00:36:13,960
Speaker 2: Yeah?

789
00:36:14,160 --> 00:36:15,880
Speaker 9: I thought it was mostly egg catching?

790
00:36:16,000 --> 00:36:18,200
Speaker 2: Yeah, yah, no, No, no, No, if they cover the

791
00:36:18,239 --> 00:36:20,279
Speaker 2: egg catching, it's just boring. But I mean the dog

792
00:36:20,360 --> 00:36:21,520
Speaker 2: shows the highlight of the rules.

793
00:36:21,719 --> 00:36:24,719
Speaker 9: We combine it and have somebody trying to mob of

794
00:36:24,800 --> 00:36:26,920
Speaker 9: sheep while the dog's trying to bundle them into a

795
00:36:27,080 --> 00:36:30,040
Speaker 9: pine run cash that egg?

796
00:36:30,320 --> 00:36:33,960
Speaker 2: Where those were the days? I think that's got hit

797
00:36:34,000 --> 00:36:37,160
Speaker 2: written all over. At fourteen past seven, the.

798
00:36:37,280 --> 00:36:41,640
Speaker 1: Mike Asking Breakfast Full Show podcast on iHeartRadio powered by

799
00:36:41,719 --> 00:36:42,320
Speaker 1: News Talk.

800
00:36:42,200 --> 00:36:46,040
Speaker 2: Said, be blow me down. I mean, come on, I

801
00:36:46,120 --> 00:36:49,680
Speaker 2: start talking about the dog Show, and then what I

802
00:36:49,760 --> 00:36:52,279
Speaker 2: didn't realize is they're making a film with the dog Show,

803
00:36:52,960 --> 00:36:54,799
Speaker 2: and the film's going to be called a Dog Show

804
00:36:55,520 --> 00:36:57,239
Speaker 2: and it's going to start. I don't know any of

805
00:36:57,320 --> 00:37:00,040
Speaker 2: this was happening. It's going to start. Graham McTavish and

806
00:37:00,080 --> 00:37:01,520
Speaker 2: how they turned it into a show because it was

807
00:37:01,520 --> 00:37:03,680
Speaker 2: a contest, wasn't It was a contest where you rounded

808
00:37:03,760 --> 00:37:05,840
Speaker 2: up the sheep. How many people listening to this program

809
00:37:05,960 --> 00:37:08,200
Speaker 2: this morning and going what the hell is he talking?

810
00:37:08,640 --> 00:37:09,960
Speaker 9: Is it like a documentary?

811
00:37:10,120 --> 00:37:12,560
Speaker 2: Is it it's a film or a film as that

812
00:37:12,680 --> 00:37:13,440
Speaker 2: say in Queensland?

813
00:37:13,560 --> 00:37:16,160
Speaker 9: Yeah, is it a documentary film or is it a no? No,

814
00:37:16,320 --> 00:37:19,480
Speaker 9: it's a film film like a written drugs drama with the.

815
00:37:19,480 --> 00:37:22,040
Speaker 2: Script yeah, worth Worth Peaks and Troughs and.

816
00:37:22,320 --> 00:37:24,400
Speaker 9: It would be like Crackerjack, you know the bulls won.

817
00:37:24,800 --> 00:37:27,520
Speaker 2: Oh could we like that? What the hell is he

818
00:37:27,680 --> 00:37:33,280
Speaker 2: talking about? Dog show? Graham McTavish, David Wenham, Now remember

819
00:37:33,320 --> 00:37:35,960
Speaker 2: Whenham from what was the set in Southern Australia with

820
00:37:36,040 --> 00:37:42,080
Speaker 2: Cigared Thornton, absolutely superb and Teresa Healy. The feature film

821
00:37:42,120 --> 00:37:45,680
Speaker 2: inspired by the television show, written and directed by Alex Gelvin.

822
00:37:45,719 --> 00:37:47,800
Speaker 2: I apologize, I know not who Alex Gelvin is. I

823
00:37:47,840 --> 00:37:50,719
Speaker 2: hope he's good. Slated for release in late twenty twenty six,

824
00:37:51,400 --> 00:37:53,600
Speaker 2: filming across Wellington and the wire Rapper. Last time I

825
00:37:53,640 --> 00:37:55,360
Speaker 2: looked at the Wellington and the wire Rapper region in

826
00:37:55,480 --> 00:37:57,839
Speaker 2: terms of farming. This fabulous story on country calendar. Why

827
00:37:57,840 --> 00:37:59,360
Speaker 2: do they make a movie a country calendar as well?

828
00:37:59,400 --> 00:38:03,680
Speaker 2: While they're at it, fabulous beef farm out the back

829
00:38:03,719 --> 00:38:05,760
Speaker 2: of Wellington with they got the windmills for the solar

830
00:38:06,120 --> 00:38:08,640
Speaker 2: windmills for the wooden generation. They got the other cows

831
00:38:08,680 --> 00:38:11,440
Speaker 2: as well. Quick thing on beer for you. This interests

832
00:38:11,520 --> 00:38:14,280
Speaker 2: me because I'm not a huge beer drinker. I've started

833
00:38:14,360 --> 00:38:16,560
Speaker 2: drinking beer because the weather's warmed up, so I'm a

834
00:38:16,680 --> 00:38:19,840
Speaker 2: warm weather beer drinker. And what generally happens as a

835
00:38:19,920 --> 00:38:22,719
Speaker 2: rule is I buy a dozen and they last me

836
00:38:22,800 --> 00:38:24,880
Speaker 2: the summer. So if you come to my place in February.

837
00:38:24,880 --> 00:38:27,360
Speaker 2: Obviously no one comes to my place in February, but theoretically,

838
00:38:27,360 --> 00:38:29,160
Speaker 2: if you came to my place in February, you'd probably

839
00:38:29,200 --> 00:38:33,399
Speaker 2: find like a beer, possibly two left cans from the dozen.

840
00:38:33,520 --> 00:38:34,920
Speaker 2: So I'm not a big beer drinker. The reason I

841
00:38:35,040 --> 00:38:36,839
Speaker 2: tell you this is that we're drinking about the same

842
00:38:36,920 --> 00:38:39,880
Speaker 2: amount of beer, which is two hundred seventy nine million liters,

843
00:38:39,920 --> 00:38:41,680
Speaker 2: And I thought, you know what I do person like me,

844
00:38:42,280 --> 00:38:44,080
Speaker 2: but as burgess. As soon as I see a number

845
00:38:44,120 --> 00:38:46,600
Speaker 2: like that, I hit the calculator and I've worked out

846
00:38:46,719 --> 00:38:49,520
Speaker 2: that that is sixty seven liters per person, so I

847
00:38:49,600 --> 00:38:52,120
Speaker 2: base it on there's four million adults of drinking age,

848
00:38:52,960 --> 00:38:55,600
Speaker 2: but not every one of the four million drinks at all.

849
00:38:56,160 --> 00:38:58,799
Speaker 2: Far less drinks beer, so I've averaged it out a bit.

850
00:38:58,920 --> 00:39:01,200
Speaker 2: But at four million, you drinks sixty seven liters, which

851
00:39:01,239 --> 00:39:02,799
Speaker 2: I cut down to three cans three and a half

852
00:39:02,880 --> 00:39:06,040
Speaker 2: cans a week. Now I don't personally drink three and

853
00:39:06,080 --> 00:39:07,719
Speaker 2: a half cans a week or anywhere close to that.

854
00:39:07,840 --> 00:39:09,920
Speaker 2: So someone's drinking my lot and every other person who

855
00:39:09,920 --> 00:39:12,040
Speaker 2: doesn't drink beer at all. But at three and a

856
00:39:12,080 --> 00:39:14,600
Speaker 2: half cans a week every week all year, that's a

857
00:39:14,640 --> 00:39:16,719
Speaker 2: lot of beer. And that's before you get to French martinis.

858
00:39:17,480 --> 00:39:20,480
Speaker 2: I didn't see any stats yesterday on French martinis, but

859
00:39:20,600 --> 00:39:21,760
Speaker 2: I reckon there's.

860
00:39:21,600 --> 00:39:24,320
Speaker 9: A story needs to follow up stats on the cocktail Chaser.

861
00:39:24,960 --> 00:39:28,200
Speaker 2: I reckon there's a story there to be told. Seven twenty.

862
00:39:29,880 --> 00:39:34,680
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio, power

863
00:39:34,760 --> 00:39:35,520
Speaker 1: By News Talks.

864
00:39:35,560 --> 00:39:35,840
Speaker 10: I'd be.

865
00:39:37,840 --> 00:39:39,880
Speaker 2: See changes the program. I was thinking about a lot

866
00:39:39,880 --> 00:39:41,879
Speaker 2: of you texted me saying Adrian Newe is to going

867
00:39:41,920 --> 00:39:44,279
Speaker 2: to become the Esther Martinine principal from twenty six, which

868
00:39:44,320 --> 00:39:46,919
Speaker 2: is very big cool. I'll come back to that later.

869
00:39:47,000 --> 00:39:49,040
Speaker 2: Now listen, let me tell you about a holiday holiday

870
00:39:49,080 --> 00:39:54,800
Speaker 2: of a lifetime Japan in Full Bloom wander Rasure Tours.

871
00:39:55,080 --> 00:39:58,360
Speaker 2: They're offering an unforgettable eleven day spring journey through Tokyo, Kyoto,

872
00:39:58,440 --> 00:40:01,040
Speaker 2: Osaka and beyond all time, perfectly for those cherry blossoms.

873
00:40:01,080 --> 00:40:04,439
Speaker 2: Of course, you'll stroll through the waynow park the philosopher's path,

874
00:40:05,280 --> 00:40:09,320
Speaker 2: the Shindjuku going under a canopy of Sakura, Mount Fuji,

875
00:40:09,440 --> 00:40:14,480
Speaker 2: of course, Kinkakaji and fushima in Ari Shrine. Therein there

876
00:40:14,600 --> 00:40:16,799
Speaker 2: is well and you'll still have time, by the way

877
00:40:16,800 --> 00:40:19,160
Speaker 2: to explore Tokyo and Osaka at your own pace. So

878
00:40:19,280 --> 00:40:21,759
Speaker 2: this is all inclusive. You've got return flights, four and

879
00:40:21,800 --> 00:40:25,200
Speaker 2: five star accommodation, local meals, transport, attraction entries, the whole lot,

880
00:40:25,520 --> 00:40:28,680
Speaker 2: English speaking guide, all for just under eight thousand bucks

881
00:40:28,719 --> 00:40:31,640
Speaker 2: seven nine hundred and ninety nine per person. March of

882
00:40:31,680 --> 00:40:35,000
Speaker 2: twenty six. Perfect for first time visitors and blossom lovers

883
00:40:35,040 --> 00:40:38,000
Speaker 2: who have always dreamed of seeing Japan and spring, and

884
00:40:38,080 --> 00:40:40,400
Speaker 2: who hasn't, So you don't want to wait Japan and

885
00:40:40,440 --> 00:40:42,920
Speaker 2: full bloom with wander Asia cherry blossom splendor to it

886
00:40:43,040 --> 00:40:45,560
Speaker 2: these where you go wander Asia Tours. That's one word,

887
00:40:46,000 --> 00:40:51,800
Speaker 2: Wanderasia Tours dot com ski it's weirder. The director or

888
00:40:51,840 --> 00:40:55,080
Speaker 2: the producer of the shows just listening to the program ringing,

889
00:40:55,120 --> 00:40:56,480
Speaker 2: and I'll come back to that in a moment. Where

890
00:40:56,520 --> 00:40:59,040
Speaker 2: am I seven twenty four I'll tell you what tell

891
00:40:59,080 --> 00:41:01,560
Speaker 2: you what I like about the educators winging away as

892
00:41:01,600 --> 00:41:04,040
Speaker 2: they had been this week over won the curriculum redo

893
00:41:04,880 --> 00:41:07,319
Speaker 2: and to the treaty treatment is they are at least

894
00:41:07,840 --> 00:41:10,120
Speaker 2: standing their ground. They're having their say and that's no

895
00:41:10,200 --> 00:41:12,200
Speaker 2: bad thing. Struck me yesterday when I read Roger Graves

896
00:41:12,239 --> 00:41:15,720
Speaker 2: Speaks Roger Grave auckland Port, when he talked of No Zealand,

897
00:41:15,840 --> 00:41:18,760
Speaker 2: of naysayers, of the cruise people he visited in Miami

898
00:41:18,840 --> 00:41:20,879
Speaker 2: and their view of New Zealand not wanting a cruise

899
00:41:20,920 --> 00:41:24,560
Speaker 2: industry of justinta done call him Petrie Dishes. Where were

900
00:41:24,560 --> 00:41:26,480
Speaker 2: the Roger Grays when she was actually in charge in

901
00:41:26,520 --> 00:41:29,240
Speaker 2: wrecking the joint? Huh? The educators at least are bold

902
00:41:29,320 --> 00:41:31,640
Speaker 2: enough to tell the current government they don't like what's

903
00:41:31,719 --> 00:41:34,359
Speaker 2: going on. But where was the business community as their

904
00:41:34,400 --> 00:41:38,600
Speaker 2: companies were being shafted in the prizes for gonads and backbone?

905
00:41:39,080 --> 00:41:42,000
Speaker 2: The educators win hands down. Not that they're right, of course,

906
00:41:42,360 --> 00:41:45,200
Speaker 2: and in that is the gargantuan irony. The educators complained

907
00:41:45,200 --> 00:41:48,239
Speaker 2: about rules and change and yet irrefutably on the wrong

908
00:41:48,320 --> 00:41:51,000
Speaker 2: side of history given the education outcomes produced in this country.

909
00:41:51,239 --> 00:41:55,320
Speaker 2: And yet businesses business was nowhere near nowhere to be

910
00:41:55,400 --> 00:41:57,439
Speaker 2: seen or heard, despite the fact that we all knew

911
00:41:57,440 --> 00:42:00,680
Speaker 2: the country was being strangled by powerful freaks, and they

912
00:42:00,719 --> 00:42:02,719
Speaker 2: would eventually be proven to be right. But as much

913
00:42:02,760 --> 00:42:05,279
Speaker 2: as I defend an educator's right to speak up, there

914
00:42:05,400 --> 00:42:10,360
Speaker 2: is something deeply insidious about the way educators, particularly unions, operate,

915
00:42:10,440 --> 00:42:14,000
Speaker 2: don't you think the list, the list these signatories, the

916
00:42:14,080 --> 00:42:17,520
Speaker 2: signatories of principles who have signed this protest to the

917
00:42:17,680 --> 00:42:21,560
Speaker 2: Education minister over the curriculum change is driven by the

918
00:42:21,719 --> 00:42:24,640
Speaker 2: education minister told us by the unions. And it's a

919
00:42:24,680 --> 00:42:29,440
Speaker 2: standover tactic. It's an intimidatory play. You're bullied, you're harried,

920
00:42:29,960 --> 00:42:32,960
Speaker 2: you're cajoled into signing, hence she claims you then ring

921
00:42:33,080 --> 00:42:35,600
Speaker 2: her up and tell you you sign reluctantly. That sadly

922
00:42:35,640 --> 00:42:37,720
Speaker 2: says something about a principle that acts out of fear,

923
00:42:38,120 --> 00:42:40,520
Speaker 2: sort of like business, hating the decision but saying nothing.

924
00:42:40,920 --> 00:42:44,160
Speaker 2: Fear is no way to live your life. But for

925
00:42:44,280 --> 00:42:46,000
Speaker 2: some I get it. I mean, life is sured. Who

926
00:42:46,040 --> 00:42:49,040
Speaker 2: needs the grief. But if that is the mentality in education,

927
00:42:49,600 --> 00:42:51,719
Speaker 2: if that is the modus operandi of the unions, what

928
00:42:51,800 --> 00:42:53,440
Speaker 2: sort of will there are our kids entering into? What

929
00:42:53,520 --> 00:42:57,919
Speaker 2: sort of brainwashing, whether overt or subliminal? Do our kids

930
00:42:57,960 --> 00:43:00,400
Speaker 2: get subjected to The Minister in telling saw this on

931
00:43:00,520 --> 00:43:04,240
Speaker 2: Tuesday said it's disgusting, and she said it with passion.

932
00:43:04,520 --> 00:43:10,200
Speaker 2: It's disgusting. Anyone wanted to disagree with that? Asking Yeah,

933
00:43:11,040 --> 00:43:14,800
Speaker 2: Celia Jaspers in the car listening. She's the director or

934
00:43:14,840 --> 00:43:18,080
Speaker 2: the producer or the runner or something for the movie.

935
00:43:18,200 --> 00:43:20,479
Speaker 2: She also happens to work with the Country Calendar, Small World.

936
00:43:20,760 --> 00:43:23,080
Speaker 2: Mike a dog Show, so a rip off of Babe,

937
00:43:23,719 --> 00:43:25,600
Speaker 2: but sit in a location where everyone would prefer to

938
00:43:25,640 --> 00:43:28,040
Speaker 2: eat the star. Mike the Dog Show film has been

939
00:43:28,040 --> 00:43:31,040
Speaker 2: advertised on the Country Sounds Great memories of my childhood. Sorry,

940
00:43:31,080 --> 00:43:32,919
Speaker 2: I must have missed the Country the day they did that, Mike.

941
00:43:32,960 --> 00:43:35,040
Speaker 2: I signed up and watched the snooker. Good on you.

942
00:43:35,040 --> 00:43:37,759
Speaker 2: You one of a few if I live stream my

943
00:43:37,920 --> 00:43:41,520
Speaker 2: snooker from the weekend. Would you watch just looking for me?

944
00:43:41,760 --> 00:43:43,800
Speaker 9: Less swearing than some of the other live streams that

945
00:43:43,840 --> 00:43:44,920
Speaker 9: we've had from your property.

946
00:43:45,280 --> 00:43:49,279
Speaker 2: No, it's not, actually, Mike, the six pm slot on

947
00:43:49,400 --> 00:43:52,239
Speaker 2: television one is up for grabs. I'd take the dog Show.

948
00:43:55,320 --> 00:43:58,279
Speaker 9: Actually, that would probably probably you get a significant bump

949
00:43:58,320 --> 00:43:58,840
Speaker 9: of viewerships.

950
00:43:59,480 --> 00:44:02,239
Speaker 2: You wouldn't want risk that, would you? What if it

951
00:44:02,360 --> 00:44:04,880
Speaker 2: rated better, then you'd have some questions to answer, wouldn't you.

952
00:44:05,320 --> 00:44:07,839
Speaker 2: Speaking of questions to answer, Christian Hawksby one last time

953
00:44:08,000 --> 00:44:10,560
Speaker 2: Beck Wronger. I couldn't believe it when I read this yesterday.

954
00:44:10,640 --> 00:44:12,440
Speaker 2: She's getting up early for us in Australia, said God

955
00:44:12,480 --> 00:44:15,160
Speaker 2: bless her for that. But this is her first original

956
00:44:15,200 --> 00:44:18,640
Speaker 2: material album coming out in fifteen years. What's she been

957
00:44:18,680 --> 00:44:21,000
Speaker 2: doing for goodness sake? Anyway? Big Wronger with us after

958
00:44:21,160 --> 00:44:23,160
Speaker 2: eight o'clock. This morning news is next.

959
00:44:25,200 --> 00:44:29,239
Speaker 1: Credible, compelling. The breakfast show you confess it's the Mic

960
00:44:29,320 --> 00:44:33,879
Speaker 1: Hosking Breakfast with a Vita, Retirement Communities, Life Your Way News,

961
00:44:33,920 --> 00:44:34,959
Speaker 1: togs Head been today.

962
00:44:35,040 --> 00:44:37,080
Speaker 2: Mike is a good, hard working trucky. I sip away

963
00:44:37,120 --> 00:44:39,160
Speaker 2: on an average of forty eight stubs a week. Forty

964
00:44:39,200 --> 00:44:42,480
Speaker 2: eight a joe every one. What's that every day? If

965
00:44:42,480 --> 00:44:45,480
Speaker 2: you drank every day that it'll be almost seven. If

966
00:44:45,520 --> 00:44:46,880
Speaker 2: you take a day off, you take a day off,

967
00:44:46,920 --> 00:44:49,120
Speaker 2: it'll be eight. It's quite a beer, isn't it. Twenty

968
00:44:49,320 --> 00:44:51,040
Speaker 2: It's all part of the economy though, Speaking of which,

969
00:44:51,040 --> 00:44:52,520
Speaker 2: are twenty three to eight one more time for the

970
00:44:52,600 --> 00:44:55,040
Speaker 2: Interim Reserve Bank governor twenty five points It was cash

971
00:44:55,120 --> 00:44:57,360
Speaker 2: rate of two point twenty five. A general sense, the

972
00:44:57,440 --> 00:44:59,400
Speaker 2: job has done, the rates are low, inflation will come

973
00:44:59,480 --> 00:45:02,680
Speaker 2: down further, and those green shoots of twenty six can prospect.

974
00:45:02,920 --> 00:45:06,520
Speaker 2: Christian Rsby's were this morning today. If this broadly is it,

975
00:45:07,680 --> 00:45:09,719
Speaker 2: and you want to bring back boring and boring does

976
00:45:09,800 --> 00:45:12,719
Speaker 2: come back, how would you assess your committee's handling of

977
00:45:12,840 --> 00:45:14,320
Speaker 2: this whole exercise?

978
00:45:16,960 --> 00:45:19,600
Speaker 10: What's the which exercise, the whole year.

979
00:45:19,440 --> 00:45:23,080
Speaker 2: Of exercise, the large number of cuts, the commentary, all

980
00:45:23,160 --> 00:45:23,759
Speaker 2: that came with it.

981
00:45:25,880 --> 00:45:29,120
Speaker 10: We've been playing, you know, playing the wats in front

982
00:45:29,160 --> 00:45:32,680
Speaker 10: of us, an economy that was in recovery at the

983
00:45:32,719 --> 00:45:36,600
Speaker 10: beginning of the year, stalled in the middle, and you know,

984
00:45:36,800 --> 00:45:40,879
Speaker 10: just responding that through time according to what it means

985
00:45:40,920 --> 00:45:44,879
Speaker 10: for our inflation mandate and our inflation target. We I think,

986
00:45:44,920 --> 00:45:50,000
Speaker 10: in particular, the fifty basis point cut in October was

987
00:45:50,080 --> 00:45:52,839
Speaker 10: really designed as a shot in the arm to get

988
00:45:52,960 --> 00:45:58,360
Speaker 10: rid of that excessively cautious mindset and businesses and households

989
00:45:58,400 --> 00:46:02,600
Speaker 10: and really start which we're confident is happening through the

990
00:46:02,680 --> 00:46:04,840
Speaker 10: second half of this year and that will continue on

991
00:46:05,640 --> 00:46:08,920
Speaker 10: into next the fifteen. Things running at about a three

992
00:46:09,000 --> 00:46:11,400
Speaker 10: percent annualized race at the moment the.

993
00:46:11,440 --> 00:46:14,080
Speaker 2: Fifty percent cut came off the back of course of

994
00:46:14,200 --> 00:46:16,000
Speaker 2: nothing in the middle of the year. Was the nothing

995
00:46:16,080 --> 00:46:18,160
Speaker 2: the no move? Was that a mistake? With the benefit

996
00:46:18,160 --> 00:46:20,719
Speaker 2: of hindsight, we were.

997
00:46:20,680 --> 00:46:23,920
Speaker 10: Worried through the first half of this year about inflation

998
00:46:24,120 --> 00:46:27,239
Speaker 10: expectations and just living in that world where inflation had

999
00:46:27,280 --> 00:46:30,279
Speaker 10: been quite high recently and just how much that was

1000
00:46:30,360 --> 00:46:33,439
Speaker 10: going to linger. So that had been an upside risk

1001
00:46:33,560 --> 00:46:36,200
Speaker 10: right through the course of the first half of this year.

1002
00:46:36,560 --> 00:46:38,640
Speaker 10: I think in the second half that has abated and

1003
00:46:38,719 --> 00:46:41,720
Speaker 10: given us more confidence that we can get rates lower

1004
00:46:41,960 --> 00:46:43,080
Speaker 10: and get on the things.

1005
00:46:43,360 --> 00:46:46,000
Speaker 2: The lack of response to the stimulation and once again

1006
00:46:46,040 --> 00:46:48,040
Speaker 2: talking about pretty much the whole year, this whole journey,

1007
00:46:49,080 --> 00:46:51,800
Speaker 2: did you overcook your belief in the power of a

1008
00:46:51,920 --> 00:46:54,480
Speaker 2: cut or are we just in a funk and nothing

1009
00:46:54,520 --> 00:46:55,719
Speaker 2: you could do was going to shift us.

1010
00:46:58,080 --> 00:46:59,839
Speaker 10: It is a little bit of a puzzle. I mean

1011
00:47:00,160 --> 00:47:03,400
Speaker 10: that New Zealand has has struggled a bit more than

1012
00:47:03,440 --> 00:47:05,719
Speaker 10: other countries through this middle part of the year. Some

1013
00:47:05,880 --> 00:47:09,279
Speaker 10: of it's through you know, some of it's because of

1014
00:47:09,360 --> 00:47:14,320
Speaker 10: the global tariff, you know, situation in uncertainty. Some of

1015
00:47:14,400 --> 00:47:17,840
Speaker 10: it is just caution, you know, and that's why we

1016
00:47:17,960 --> 00:47:21,600
Speaker 10: really needed that sort of kickstart through October and to

1017
00:47:21,719 --> 00:47:22,640
Speaker 10: the end of the year.

1018
00:47:23,000 --> 00:47:25,400
Speaker 2: Yeah, the five to one vote, who's the one.

1019
00:47:27,080 --> 00:47:27,800
Speaker 10: Not discosed?

1020
00:47:28,760 --> 00:47:28,880
Speaker 15: Was it?

1021
00:47:29,040 --> 00:47:29,080
Speaker 9: You?

1022
00:47:31,320 --> 00:47:32,400
Speaker 10: Not discused?

1023
00:47:32,880 --> 00:47:33,239
Speaker 15: Why not?

1024
00:47:33,520 --> 00:47:36,799
Speaker 2: Because I'm finding the FED fascinating as I'm sure you are.

1025
00:47:37,160 --> 00:47:39,160
Speaker 2: I know what the FED thinks and they talk about

1026
00:47:39,160 --> 00:47:41,719
Speaker 2: it publicly. Wouldn't we be better off if you guys

1027
00:47:41,800 --> 00:47:42,040
Speaker 2: did that.

1028
00:47:43,680 --> 00:47:46,000
Speaker 10: I think we're probably on a pathway to do that,

1029
00:47:47,239 --> 00:47:51,239
Speaker 10: to be especially the external members of the NPC. You know,

1030
00:47:51,280 --> 00:47:54,920
Speaker 10: it was quite restrictive on them initially. It's more permissive

1031
00:47:55,400 --> 00:47:58,279
Speaker 10: now for them to get out and talk. Prisana guy

1032
00:47:58,360 --> 00:48:01,720
Speaker 10: who's one of our externals, has been out talking more often.

1033
00:48:01,840 --> 00:48:04,040
Speaker 10: I think that's probably the direction of travel. There will

1034
00:48:04,120 --> 00:48:06,240
Speaker 10: be more from the different members.

1035
00:48:06,520 --> 00:48:07,080
Speaker 7: We need to be.

1036
00:48:07,160 --> 00:48:10,239
Speaker 10: Careful though, because you know, I look at places like

1037
00:48:10,280 --> 00:48:12,160
Speaker 10: the UK and the US and you have all these

1038
00:48:12,200 --> 00:48:15,960
Speaker 10: different members in different corners, and you know, they're really

1039
00:48:16,040 --> 00:48:19,040
Speaker 10: fighting their corner. They're not listening to each other and

1040
00:48:19,120 --> 00:48:22,200
Speaker 10: sort of trying to work towards the best best outcome.

1041
00:48:22,239 --> 00:48:24,320
Speaker 10: And you get places like the UK where you have

1042
00:48:24,480 --> 00:48:27,279
Speaker 10: three ways splits between different members and what do you

1043
00:48:27,360 --> 00:48:28,720
Speaker 10: make of that if you're in the market.

1044
00:48:28,920 --> 00:48:30,600
Speaker 2: Yeah, well, at least you know though, don't you.

1045
00:48:32,360 --> 00:48:34,440
Speaker 10: Well doesn't really give you a good sense of the

1046
00:48:34,520 --> 00:48:35,759
Speaker 10: direction of travel of the.

1047
00:48:36,040 --> 00:48:38,279
Speaker 2: Well, it gives you the sense that everyone's disagreeing with

1048
00:48:38,400 --> 00:48:38,719
Speaker 2: each other.

1049
00:48:40,719 --> 00:48:42,239
Speaker 10: That's one thing you can take from it.

1050
00:48:43,280 --> 00:48:45,160
Speaker 2: The Q two Q three thing that you talked about

1051
00:48:45,239 --> 00:48:48,000
Speaker 2: yesterday I found fascinating. I am told there's a fairly

1052
00:48:48,040 --> 00:48:50,320
Speaker 2: significant revision in some way, shape or form coming to

1053
00:48:50,400 --> 00:48:52,600
Speaker 2: Q two. Is that your understanding, and if it is,

1054
00:48:52,719 --> 00:48:54,520
Speaker 2: what's it revised to ish?

1055
00:48:56,400 --> 00:49:00,880
Speaker 10: It's not that Q two will be reviol I mean,

1056
00:49:01,200 --> 00:49:04,400
Speaker 10: it may be revised, but it's more of a timing

1057
00:49:04,480 --> 00:49:07,640
Speaker 10: issue that there are seasonal you know, there could be

1058
00:49:07,719 --> 00:49:10,360
Speaker 10: some revision there, but there could also be some seasonal

1059
00:49:11,080 --> 00:49:14,200
Speaker 10: adjustments as well, such that kind of Q three and

1060
00:49:14,280 --> 00:49:17,399
Speaker 10: particularly Q four gets bumped up and kind of looks

1061
00:49:17,440 --> 00:49:20,760
Speaker 10: probably bigger than it really is as an underlying number.

1062
00:49:20,880 --> 00:49:22,920
Speaker 10: So yeah, there's a lot of noise in that Q

1063
00:49:23,080 --> 00:49:25,640
Speaker 10: two number. But even if you strip it out, we

1064
00:49:25,760 --> 00:49:31,440
Speaker 10: still think the economy contracted through that period. But going forward,

1065
00:49:32,120 --> 00:49:34,680
Speaker 10: much more confidence about Q three and Q four being

1066
00:49:35,520 --> 00:49:36,319
Speaker 10: on the app in.

1067
00:49:36,400 --> 00:49:39,279
Speaker 2: A calendar year then we're going to get some decent growth.

1068
00:49:39,280 --> 00:49:41,240
Speaker 2: An't well if you go back to Q one, revise

1069
00:49:41,320 --> 00:49:42,960
Speaker 2: up Q two a bit, even if it's negative. Q

1070
00:49:43,080 --> 00:49:45,200
Speaker 2: three looks solid, and for metrics had zero point nine

1071
00:49:45,320 --> 00:49:47,480
Speaker 2: Q four looks Okay. That's growth, isn't it?

1072
00:49:49,320 --> 00:49:52,239
Speaker 10: I mean modest over the calendar year. If you look

1073
00:49:52,320 --> 00:49:55,719
Speaker 10: over the second half the year, we think you're at

1074
00:49:55,719 --> 00:49:59,319
Speaker 10: a run rate of getting up towards three percent over

1075
00:49:59,400 --> 00:50:02,120
Speaker 10: that six months, which, as you say, is a good,

1076
00:50:02,640 --> 00:50:04,880
Speaker 10: good run rack to have, and it's something we need

1077
00:50:04,960 --> 00:50:06,760
Speaker 10: to have because we've got a lot of spare capacity

1078
00:50:07,239 --> 00:50:08,960
Speaker 10: in the economy. I've got a lot of headroom, and

1079
00:50:09,040 --> 00:50:13,400
Speaker 10: that's partly why we've been cutting interest rates to close

1080
00:50:13,480 --> 00:50:13,919
Speaker 10: that gap.

1081
00:50:14,400 --> 00:50:16,120
Speaker 2: All right, do you Christian? This will be the final

1082
00:50:16,160 --> 00:50:18,000
Speaker 2: time we talk unless you're going to be a politician

1083
00:50:18,080 --> 00:50:19,880
Speaker 2: or something. Are you heading off overseas? Have you got

1084
00:50:19,920 --> 00:50:20,960
Speaker 2: a new job, what are you going to do?

1085
00:50:22,480 --> 00:50:24,920
Speaker 10: I am focused. I've been focused on getting to the

1086
00:50:24,960 --> 00:50:27,640
Speaker 10: finish line and the role that I'm in at the moment,

1087
00:50:27,760 --> 00:50:30,040
Speaker 10: and then just have a really long and good break

1088
00:50:30,520 --> 00:50:34,600
Speaker 10: over the summer wearing a T shirt, candles shorts for

1089
00:50:34,640 --> 00:50:35,279
Speaker 10: as long as I can.

1090
00:50:35,560 --> 00:50:37,520
Speaker 2: Were you disappointed you didn't get the big job.

1091
00:50:39,800 --> 00:50:43,200
Speaker 10: I'm excited about doing something different. I've been on the

1092
00:50:43,239 --> 00:50:46,920
Speaker 10: Monetary Policy Committee for seven years now, I've done forty

1093
00:50:47,080 --> 00:50:51,600
Speaker 10: nine meetings, forty nine decisions. Time to do something else.

1094
00:50:51,880 --> 00:50:54,719
Speaker 2: And what are your observations of doctor Emma Breeman. Is

1095
00:50:54,800 --> 00:50:55,759
Speaker 2: she going to be a rock star?

1096
00:50:57,400 --> 00:50:58,359
Speaker 11: I think she'll be great.

1097
00:50:58,480 --> 00:51:01,880
Speaker 10: I've had six met since we're here as part of

1098
00:51:02,000 --> 00:51:06,320
Speaker 10: the sort of induction and handover. Yeah, she'll do a

1099
00:51:06,320 --> 00:51:06,759
Speaker 10: great job.

1100
00:51:06,800 --> 00:51:08,879
Speaker 2: I'm sure good stuff and I wish you very best

1101
00:51:08,880 --> 00:51:12,440
Speaker 2: for the holiday season. Christian hawksby the well almost as

1102
00:51:12,480 --> 00:51:16,120
Speaker 2: of Monday. The former Interim Reserve Bank Governor seventeen to.

1103
00:51:16,080 --> 00:51:22,080
Speaker 1: Two the Mike Asking Breakfast Full Show podcast on iHeartRadio

1104
00:51:22,400 --> 00:51:23,439
Speaker 1: powered by News Talks.

1105
00:51:23,480 --> 00:51:27,560
Speaker 2: It'd be worrying, Mike. Hate to critique your excellent work,

1106
00:51:32,920 --> 00:51:35,080
Speaker 2: but you seems stuck in the labor mindset whereby the

1107
00:51:35,120 --> 00:51:37,719
Speaker 2: Reserve Bank's job revolves around supporting the economy through the

1108
00:51:37,760 --> 00:51:40,360
Speaker 2: gold of maximum sustainable employment. Of the current sole focus

1109
00:51:40,480 --> 00:51:42,799
Speaker 2: on price stability. It's up to the government to set

1110
00:51:42,840 --> 00:51:45,359
Speaker 2: the framework and business to run with it to alter

1111
00:51:45,480 --> 00:51:47,600
Speaker 2: the economy. I hate this blame game. Otherwise, you work

1112
00:51:47,640 --> 00:51:50,640
Speaker 2: gets to pass mcdave. It was a critique and I

1113
00:51:50,719 --> 00:51:53,160
Speaker 2: take it personally and I hate you now. The point

1114
00:51:53,239 --> 00:51:56,120
Speaker 2: you make is not unreasonable, but I think even Nicola

1115
00:51:56,120 --> 00:51:59,520
Speaker 2: Willis would happily concur that it's in unison. So the

1116
00:51:59,640 --> 00:52:01,799
Speaker 2: reliant it's on the Reserve bank probably a bit. I mean,

1117
00:52:01,840 --> 00:52:03,839
Speaker 2: it's like the argument that we all rely on our

1118
00:52:03,880 --> 00:52:06,560
Speaker 2: house price going up, and if somebody tells you it's

1119
00:52:06,560 --> 00:52:08,600
Speaker 2: worth another hundred thousand dollars, you go build a deck

1120
00:52:08,680 --> 00:52:11,960
Speaker 2: or go to Fiji. But equally, you cannot have a

1121
00:52:12,040 --> 00:52:13,879
Speaker 2: government doing what the government has done. And the government

1122
00:52:13,920 --> 00:52:15,400
Speaker 2: has done all they can as far as I can

1123
00:52:15,440 --> 00:52:17,400
Speaker 2: work out to this point, and trimming themselves up and

1124
00:52:17,560 --> 00:52:19,680
Speaker 2: back and allowing us to get on with it and

1125
00:52:19,800 --> 00:52:21,279
Speaker 2: changing the rules and the red tape and stuff like that.

1126
00:52:21,400 --> 00:52:23,359
Speaker 2: But you've got to have the Reserve Bank in play,

1127
00:52:23,719 --> 00:52:25,319
Speaker 2: and they've got to play the game. So I think

1128
00:52:25,480 --> 00:52:28,360
Speaker 2: both play a pretty significant role, and you can't just

1129
00:52:28,680 --> 00:52:30,680
Speaker 2: let the Braserve Bank wander around doing But it was

1130
00:52:30,719 --> 00:52:32,960
Speaker 2: an interesting question. I mean, I suppose this is it

1131
00:52:33,880 --> 00:52:37,759
Speaker 2: the end for now? Anyway, If this is it, what

1132
00:52:38,080 --> 00:52:41,680
Speaker 2: is the role of a cut in the cash rate

1133
00:52:42,400 --> 00:52:44,680
Speaker 2: given you cannot say they didn't get there in the end,

1134
00:52:45,320 --> 00:52:47,640
Speaker 2: you cannot say they didn't do it over and over

1135
00:52:47,880 --> 00:52:51,279
Speaker 2: and over and over again, and each and every time

1136
00:52:51,320 --> 00:52:54,279
Speaker 2: they said the same thing, each and every time, they said,

1137
00:52:54,360 --> 00:52:58,279
Speaker 2: the stimulus effect is flowing through, it is going to

1138
00:52:58,320 --> 00:53:01,600
Speaker 2: flow through, It is flowing through, it will continue to

1139
00:53:01,719 --> 00:53:05,160
Speaker 2: flow through. They've said that, they've been dreadfully consistent on that,

1140
00:53:05,760 --> 00:53:08,040
Speaker 2: And yet has it And if it has, where's it gone?

1141
00:53:08,160 --> 00:53:09,920
Speaker 2: What happened to it? Where's the pickup? Where's and and

1142
00:53:10,000 --> 00:53:13,360
Speaker 2: even Christian and the answers to the question was it's

1143
00:53:13,400 --> 00:53:14,719
Speaker 2: a puzzle. So it was, what do you say it

1144
00:53:14,760 --> 00:53:16,560
Speaker 2: was a puzzle? It's confusing. I mean, they don't know.

1145
00:53:17,200 --> 00:53:21,520
Speaker 2: And I still maintain that we have because a lot

1146
00:53:21,560 --> 00:53:23,680
Speaker 2: of the economy is a psychological thing. It's not just

1147
00:53:23,800 --> 00:53:26,440
Speaker 2: a monetary thing. It's not just nuts and bolts. It's psychological.

1148
00:53:26,760 --> 00:53:29,600
Speaker 2: If you believe you're miserable, you're miserable. If you believe,

1149
00:53:29,640 --> 00:53:31,399
Speaker 2: you go go, if you go get a year ago

1150
00:53:31,440 --> 00:53:34,600
Speaker 2: getter and I believe that we got ourselves into a funk.

1151
00:53:35,080 --> 00:53:37,439
Speaker 2: We were determined to be in a funk. We loved

1152
00:53:37,520 --> 00:53:39,400
Speaker 2: for a period of time being in a funk. There

1153
00:53:39,440 --> 00:53:41,239
Speaker 2: are still some people in this country and a funk

1154
00:53:41,680 --> 00:53:44,160
Speaker 2: and they're happy being there, and nothing Adriana was ever

1155
00:53:44,200 --> 00:53:45,840
Speaker 2: going to do was going to change that, or indeed

1156
00:53:45,920 --> 00:53:49,560
Speaker 2: Christian and so I think ultimately you put a third

1157
00:53:49,600 --> 00:53:52,560
Speaker 2: wheel in there. So the government does their job, the

1158
00:53:52,719 --> 00:53:55,880
Speaker 2: Reserve Bank does their job. Maybe it's time that we

1159
00:53:56,000 --> 00:53:57,480
Speaker 2: did ours. Ten away from it.

1160
00:53:58,600 --> 00:54:02,560
Speaker 1: The Mike Hosking freak with a Vita retirement Communities News

1161
00:54:02,640 --> 00:54:03,200
Speaker 1: Togsdad b.

1162
00:54:03,440 --> 00:54:06,120
Speaker 2: Mike, we're on a three percent growth run rate for

1163
00:54:06,200 --> 00:54:09,919
Speaker 2: the second half. Just the useless bias media play it down. Well,

1164
00:54:10,960 --> 00:54:13,000
Speaker 2: don't get me started on the media. Let me know

1165
00:54:13,080 --> 00:54:14,320
Speaker 2: what I know. Let me tell you what I know.

1166
00:54:15,040 --> 00:54:18,040
Speaker 2: We had one percent in the first quarter, we had

1167
00:54:18,480 --> 00:54:21,279
Speaker 2: minus point nine in the second. That's being revised. No

1168
00:54:21,320 --> 00:54:23,000
Speaker 2: one seems to know what it's going to be revised

1169
00:54:23,080 --> 00:54:25,239
Speaker 2: up to. But let's call it negative. Let's call it

1170
00:54:25,320 --> 00:54:28,320
Speaker 2: negative point three. So we're up point seven for the

1171
00:54:28,360 --> 00:54:33,920
Speaker 2: calendar year, right, remember that point seven infometrics Brad. We

1172
00:54:34,080 --> 00:54:36,040
Speaker 2: like Brad, so we trust him. He's got zero point

1173
00:54:36,120 --> 00:54:38,480
Speaker 2: nine for Q three, so we're do the numbers. That's

1174
00:54:38,560 --> 00:54:41,800
Speaker 2: point six, that's one point six, and so whatever Q

1175
00:54:42,000 --> 00:54:45,719
Speaker 2: four is, you add to that pretty good growth. I

1176
00:54:45,760 --> 00:54:47,600
Speaker 2: don't know if it's three, but it's pretty good growth.

1177
00:54:48,560 --> 00:54:48,680
Speaker 17: Right.

1178
00:54:48,760 --> 00:54:52,800
Speaker 2: Confirmation that Adrian Newey designed genius has been made this

1179
00:54:52,920 --> 00:54:55,960
Speaker 2: morning the team principle of Aston Martin, which is I

1180
00:54:56,040 --> 00:54:58,200
Speaker 2: think I'm right in saying a surprise because I watched

1181
00:54:58,200 --> 00:54:59,680
Speaker 2: a very good piece of the race. Once again, I

1182
00:55:00,040 --> 00:55:02,920
Speaker 2: if you're an F one fan, the race on YouTube

1183
00:55:02,920 --> 00:55:05,200
Speaker 2: as a good collection of people who are right in

1184
00:55:05,280 --> 00:55:07,719
Speaker 2: the weeds of F one. They were suggesting just the

1185
00:55:07,800 --> 00:55:09,960
Speaker 2: other day there was a guy from X, guy from

1186
00:55:10,000 --> 00:55:12,080
Speaker 2: I think this Mercedes can't remember his name doesn't really

1187
00:55:12,080 --> 00:55:13,319
Speaker 2: matter because he hasn't got the job. And the other

1188
00:55:13,360 --> 00:55:17,480
Speaker 2: one was a guy called Christian Horner, and they thought

1189
00:55:17,520 --> 00:55:19,279
Speaker 2: Horner could be the go because one he can get

1190
00:55:19,320 --> 00:55:21,680
Speaker 2: back with Newie. Newei and Horner had problems in a

1191
00:55:21,719 --> 00:55:24,719
Speaker 2: relationship and they sort of fell out a bit, but

1192
00:55:24,800 --> 00:55:29,719
Speaker 2: apparently that's been patched up. New He knows Horner and

1193
00:55:29,800 --> 00:55:33,960
Speaker 2: Horner knows Newi, and they were sensationally successful together at

1194
00:55:34,000 --> 00:55:37,360
Speaker 2: Red Bull. Horner wants a slice of the action and

1195
00:55:37,440 --> 00:55:40,520
Speaker 2: a team Aston could give that to him, because the

1196
00:55:40,560 --> 00:55:43,800
Speaker 2: alternative is lpin. So it's sort of they were lining

1197
00:55:43,880 --> 00:55:46,440
Speaker 2: up Horner to be the next go to and so

1198
00:55:46,520 --> 00:55:48,000
Speaker 2: it hasn't happened. So I don't know whether that was

1199
00:55:48,080 --> 00:55:50,160
Speaker 2: even a real thing or not. But Adrian Knew, he's

1200
00:55:50,200 --> 00:55:52,880
Speaker 2: my great consider around. Adrian Knew. Adrian Newey, look him up.

1201
00:55:53,200 --> 00:55:56,320
Speaker 2: They're making a documentary. What's his face Old Jennifer's X

1202
00:55:57,239 --> 00:56:00,799
Speaker 2: Afflic Yeah, Afflic and Damon are making it documentary on him.

1203
00:56:01,200 --> 00:56:05,920
Speaker 2: He's one of those really rare individuals who seems to

1204
00:56:05,960 --> 00:56:08,480
Speaker 2: see things in an engineering sense that no one else can,

1205
00:56:09,000 --> 00:56:12,239
Speaker 2: hence Red Bull's extraordinary success over the last handful of years.

1206
00:56:12,880 --> 00:56:15,200
Speaker 2: So the great hope is the rules are changing in

1207
00:56:15,320 --> 00:56:18,200
Speaker 2: F one and they're designing brand new cars for twenty

1208
00:56:18,280 --> 00:56:20,920
Speaker 2: twenty six. The great hope, and this is where Lawrence

1209
00:56:20,920 --> 00:56:23,320
Speaker 2: Stroll is smart. He's gone and hired the best in

1210
00:56:23,360 --> 00:56:26,120
Speaker 2: the business. If you could, and you ask anybody who's

1211
00:56:26,160 --> 00:56:29,600
Speaker 2: running any team, if you could hire anybody to design

1212
00:56:29,680 --> 00:56:32,279
Speaker 2: your new car, tell me who it is, twelve out

1213
00:56:32,320 --> 00:56:34,600
Speaker 2: of ten of them would say Adrian Newey. So Eston

1214
00:56:34,640 --> 00:56:36,800
Speaker 2: got Adrian Newey. He's going to come up with a

1215
00:56:36,840 --> 00:56:39,360
Speaker 2: new car. The expectation must be I'm assuming through the

1216
00:56:39,480 --> 00:56:42,359
Speaker 2: roof because as I say, he sees things nobody else does.

1217
00:56:42,480 --> 00:56:44,360
Speaker 2: So he looks at the rules and the regulations and

1218
00:56:44,480 --> 00:56:46,960
Speaker 2: he goes, I think I could do that and that

1219
00:56:47,120 --> 00:56:49,320
Speaker 2: and that, and that's going to give us the advantage.

1220
00:56:49,360 --> 00:56:50,800
Speaker 2: So there we expectation on.

1221
00:56:51,280 --> 00:56:51,400
Speaker 16: Now.

1222
00:56:51,480 --> 00:56:53,920
Speaker 2: The problem with all of this is he's good at that?

1223
00:56:55,000 --> 00:56:57,479
Speaker 2: Is he good at running a team, because just because

1224
00:56:57,520 --> 00:56:59,160
Speaker 2: you can host a radio program doesn't mean you can

1225
00:56:59,239 --> 00:57:01,000
Speaker 2: run a radio station. A lot of people tell me

1226
00:57:01,120 --> 00:57:07,760
Speaker 2: that when I apply for other jobs. So just because

1227
00:57:07,800 --> 00:57:10,399
Speaker 2: you're an engineering genius, can you run a whole team?

1228
00:57:10,560 --> 00:57:13,640
Speaker 2: Are you too stretched? And that's the other problem. So

1229
00:57:13,920 --> 00:57:16,520
Speaker 2: what do you take a risk in taking a mum

1230
00:57:16,600 --> 00:57:18,760
Speaker 2: off the you know? So anyway, we wish him well.

1231
00:57:18,880 --> 00:57:21,280
Speaker 2: So he's been announced this morning as the head of

1232
00:57:21,320 --> 00:57:23,040
Speaker 2: Aston mart. The other quick thing I needed to tell

1233
00:57:23,040 --> 00:57:25,080
Speaker 2: you Nick Sutner, who I like very much. He's the

1234
00:57:25,120 --> 00:57:28,240
Speaker 2: head of Eden Park. So he was busy in front

1235
00:57:28,240 --> 00:57:30,960
Speaker 2: of a group of people yesterday explaining how they're going

1236
00:57:31,000 --> 00:57:32,600
Speaker 2: to make next to no money next year at Eden

1237
00:57:32,640 --> 00:57:33,960
Speaker 2: Park because they can't do what they want to do.

1238
00:57:34,040 --> 00:57:35,680
Speaker 2: In other words, you know the rules around the Eden Park.

1239
00:57:35,720 --> 00:57:38,320
Speaker 2: It's just a joke. It's from nineteen forty two. It's embarrassing.

1240
00:57:38,720 --> 00:57:40,600
Speaker 2: So this year their profit is four point two million.

1241
00:57:40,640 --> 00:57:42,160
Speaker 2: What do you reckon next year? The projection is the

1242
00:57:42,320 --> 00:57:44,240
Speaker 2: projection next year is one hundred and forty five thousand

1243
00:57:44,720 --> 00:57:46,560
Speaker 2: a whole park. Think about the size of Eden Park,

1244
00:57:46,600 --> 00:57:48,400
Speaker 2: the facility, and all the things you could do, and

1245
00:57:48,480 --> 00:57:49,680
Speaker 2: all you end up with as a profit of one

1246
00:57:49,760 --> 00:57:51,720
Speaker 2: hundred and forty five thousand. Here's the important thing about

1247
00:57:51,720 --> 00:57:53,960
Speaker 2: the story. He was wasting his time. He was in

1248
00:57:54,000 --> 00:57:55,680
Speaker 2: front of a council. What were the council doing? They

1249
00:57:55,720 --> 00:57:58,360
Speaker 2: were having a meeting about a report and a proposal.

1250
00:57:58,480 --> 00:58:00,480
Speaker 2: What's the proposal? Well, you know what the proposal, as

1251
00:58:00,760 --> 00:58:02,960
Speaker 2: Chris Bishop was on the program telling us about the proposal.

1252
00:58:03,000 --> 00:58:05,840
Speaker 2: The proposal is that Eden Park opens its doors to

1253
00:58:05,840 --> 00:58:09,240
Speaker 2: a whole lot of business. Now the counsel is sitting

1254
00:58:09,520 --> 00:58:13,040
Speaker 2: meeting and considering the proposal. Now what do we know

1255
00:58:13,120 --> 00:58:16,880
Speaker 2: about the proposal. It's a foregone conclusion. The government are

1256
00:58:16,880 --> 00:58:19,040
Speaker 2: going to do it anyway. So if you're a counselor,

1257
00:58:19,120 --> 00:58:21,360
Speaker 2: if you're a Nick sortner, is this just going through

1258
00:58:21,440 --> 00:58:23,800
Speaker 2: the motions? And what sort of job is that? Why

1259
00:58:23,880 --> 00:58:27,200
Speaker 2: would you, as a counselor just simply go through the

1260
00:58:27,280 --> 00:58:31,200
Speaker 2: motions to look at a report, listen to a person,

1261
00:58:31,600 --> 00:58:33,840
Speaker 2: have a meeting. When you know full well that no

1262
00:58:33,960 --> 00:58:36,200
Speaker 2: matter what you come up with and what you decide

1263
00:58:36,960 --> 00:58:39,720
Speaker 2: has already been decided. What's the point of living your

1264
00:58:39,760 --> 00:58:44,040
Speaker 2: life like that? That sounds as boring as now? Beck

1265
00:58:44,080 --> 00:58:47,680
Speaker 2: Wronger is standing by? Is she and Sydney for us?

1266
00:58:48,040 --> 00:58:51,280
Speaker 2: Somewhere in Australia? Anyway, She's with us after eight o'clock

1267
00:58:51,320 --> 00:58:52,920
Speaker 2: this morning, look forward to the catch up. It's been

1268
00:58:52,960 --> 00:58:56,080
Speaker 2: a long long time between new albums, but we got

1269
00:58:56,200 --> 00:58:56,640
Speaker 2: news for you.

1270
00:58:57,040 --> 00:59:02,080
Speaker 1: She's next asking the questions others won't the mic asking

1271
00:59:02,160 --> 00:59:06,240
Speaker 1: breakfast with the Defender, embraced the impossible news talks they'd be.

1272
00:59:09,840 --> 00:59:24,040
Speaker 2: Co It is seven past a good news for some

1273
00:59:24,160 --> 00:59:26,600
Speaker 2: of the Beckronger's back her sixth the studio album is

1274
00:59:26,640 --> 00:59:28,840
Speaker 2: called Red Sunset to others the two coming as well.

1275
00:59:28,960 --> 00:59:31,800
Speaker 2: First album, first original album in some fifteen years, which

1276
00:59:31,800 --> 00:59:34,240
Speaker 2: I find hard to believe. Anyway, Beck wrong is up

1277
00:59:34,280 --> 00:59:37,520
Speaker 2: early ish for us in Sydney. Good morning to you,

1278
00:59:38,600 --> 00:59:40,880
Speaker 2: Good morning, how are you. I'm very well, indeed lovely

1279
00:59:40,920 --> 00:59:42,640
Speaker 2: to catch up with you. What are you doing in Sydney?

1280
00:59:43,960 --> 00:59:46,400
Speaker 16: Well, I'm just here for business. You know, I've got

1281
00:59:46,440 --> 00:59:49,640
Speaker 16: my aperate board role, and I've got like I'm meeting

1282
00:59:49,680 --> 00:59:52,200
Speaker 16: my record label and publisher. Yeah, just getting to get

1283
00:59:52,280 --> 00:59:53,480
Speaker 16: into work, just doing some work.

1284
00:59:53,520 --> 00:59:57,520
Speaker 2: I don't live here, so you know, now, is that

1285
00:59:57,720 --> 00:59:59,960
Speaker 2: fifteen years the first album? So it is this first

1286
01:00:00,080 --> 01:00:02,880
Speaker 2: the original material, completely original material in fifteen years? Is

1287
01:00:02,920 --> 01:00:03,320
Speaker 2: that right?

1288
01:00:04,360 --> 01:00:04,880
Speaker 15: It is right?

1289
01:00:05,040 --> 01:00:05,200
Speaker 5: Yeah?

1290
01:00:05,320 --> 01:00:08,320
Speaker 16: I mean I made a covers album maybe eight or

1291
01:00:08,400 --> 01:00:11,360
Speaker 16: ten years ago. But you know, yeah, I've actually had

1292
01:00:11,440 --> 01:00:14,800
Speaker 16: all these songs kicking round in different forms, but you know,

1293
01:00:15,400 --> 01:00:18,560
Speaker 16: I haven't really had a chance to properly focus on

1294
01:00:18,880 --> 01:00:20,880
Speaker 16: a new release. But yeah, it's a good time.

1295
01:00:21,000 --> 01:00:21,160
Speaker 10: Now.

1296
01:00:21,400 --> 01:00:23,280
Speaker 2: Are you excited by it? Nervous?

1297
01:00:23,560 --> 01:00:26,640
Speaker 16: I really excited. Yeah, I'm nervous about it. But it's

1298
01:00:26,680 --> 01:00:28,720
Speaker 16: good to hear that track that you just played because

1299
01:00:28,720 --> 01:00:31,000
Speaker 16: that's one of the songs and I haven't it's funny

1300
01:00:31,040 --> 01:00:34,240
Speaker 16: having it out in the world because yeah, and it's

1301
01:00:34,280 --> 01:00:36,720
Speaker 16: a bit of a reinvention some of it, so you know,

1302
01:00:36,880 --> 01:00:39,920
Speaker 16: that's never easy to do, but it's either reinvent or

1303
01:00:40,040 --> 01:00:42,600
Speaker 16: just repeat yourself. So you know, I really kind of

1304
01:00:42,760 --> 01:00:43,880
Speaker 16: wanted to try something else.

1305
01:00:44,080 --> 01:00:47,880
Speaker 2: Did something happen specifically, did you go I must do

1306
01:00:48,000 --> 01:00:50,640
Speaker 2: an album? Or did someone go, hey, how come you

1307
01:00:50,720 --> 01:00:51,560
Speaker 2: haven't done an album.

1308
01:00:52,360 --> 01:00:55,600
Speaker 16: To be honest, it's actually because I mean I think

1309
01:00:55,640 --> 01:00:58,480
Speaker 16: I've said to you before and interviews that you know,

1310
01:00:58,560 --> 01:01:02,000
Speaker 16: I just really got really busy with family and now

1311
01:01:02,080 --> 01:01:04,600
Speaker 16: one of my kids is moving out and next year

1312
01:01:04,760 --> 01:01:07,000
Speaker 16: going to university in Wellington. So I was just like, oh,

1313
01:01:07,240 --> 01:01:10,040
Speaker 16: this is this is new. I might have to actually

1314
01:01:10,360 --> 01:01:14,480
Speaker 16: get a life, and so I really made a concerted

1315
01:01:14,520 --> 01:01:17,200
Speaker 16: effort to kind of go, oh, no, I'm gonna I'm

1316
01:01:17,240 --> 01:01:19,720
Speaker 16: going to I'm going to hurt next year, so I

1317
01:01:19,840 --> 01:01:22,520
Speaker 16: really need to. Yeah, so I've been actively trying to.

1318
01:01:22,920 --> 01:01:25,760
Speaker 2: Get well, okay, so let me talk to you about

1319
01:01:25,800 --> 01:01:28,000
Speaker 2: this as a parent then, And here's my take on it,

1320
01:01:28,000 --> 01:01:30,120
Speaker 2: because I've had kids move out too, and I hear

1321
01:01:30,320 --> 01:01:32,720
Speaker 2: you're you're in the majority, right, So you go, I'm

1322
01:01:32,760 --> 01:01:34,400
Speaker 2: going to miss them. Oh it's really going to hurt.

1323
01:01:34,720 --> 01:01:37,000
Speaker 2: I'm the officer. I love getting them out.

1324
01:01:39,600 --> 01:01:39,800
Speaker 5: Wow.

1325
01:01:40,480 --> 01:01:43,120
Speaker 2: I love No. I love seeing them in the world

1326
01:01:43,320 --> 01:01:46,720
Speaker 2: really doing doing their own thing. They're they're they're evolving

1327
01:01:46,760 --> 01:01:47,120
Speaker 2: and doing.

1328
01:01:48,160 --> 01:01:52,080
Speaker 16: Yeah that's pretty cool. Yeah, I hear you. Yeah, that's

1329
01:01:52,120 --> 01:01:54,800
Speaker 16: all really exciting. Yeah, I'm loving that watching.

1330
01:01:54,600 --> 01:01:58,440
Speaker 2: That the French thing with this whole thing was recorded

1331
01:01:58,600 --> 01:02:00,440
Speaker 2: in the winter. When I say the wind, so I'm

1332
01:02:00,480 --> 01:02:02,400
Speaker 2: taking what's that January February of this year.

1333
01:02:02,760 --> 01:02:05,680
Speaker 16: Yeah, it was yeah, yeah, and what were you doing now?

1334
01:02:06,560 --> 01:02:09,120
Speaker 16: Well again, it was like trying to bookend those parent

1335
01:02:09,200 --> 01:02:11,680
Speaker 16: years because you know, I used to live in Paris

1336
01:02:11,800 --> 01:02:14,200
Speaker 16: and I you know, that was like the dream of

1337
01:02:14,280 --> 01:02:16,120
Speaker 16: my life to live there. And then when I had

1338
01:02:16,200 --> 01:02:18,240
Speaker 16: my family, I was just like, nah, maybe I'm never

1339
01:02:18,280 --> 01:02:19,960
Speaker 16: going to go back there at all, you know. And

1340
01:02:20,040 --> 01:02:22,640
Speaker 16: so it was about taking the kids there and like

1341
01:02:22,880 --> 01:02:26,040
Speaker 16: sort of as a as a last trip to show

1342
01:02:26,120 --> 01:02:28,600
Speaker 16: them Paris. And then we just rented a house with

1343
01:02:28,680 --> 01:02:31,280
Speaker 16: a piano and really knocked the record out. It was

1344
01:02:31,360 --> 01:02:34,120
Speaker 16: just like it just made an effort to finish it.

1345
01:02:34,240 --> 01:02:37,640
Speaker 16: And yeah, so just I wanted it to have some

1346
01:02:37,800 --> 01:02:41,520
Speaker 16: of that vibe and just remembering my life before, you know,

1347
01:02:41,600 --> 01:02:43,160
Speaker 16: the kids. I don't know. It was just a sort

1348
01:02:43,160 --> 01:02:45,040
Speaker 16: of nostalgia trip, was it was?

1349
01:02:45,080 --> 01:02:45,720
Speaker 2: It fantastic?

1350
01:02:46,480 --> 01:02:48,840
Speaker 16: It was fantastic. It was to get a vibe, you know,

1351
01:02:48,960 --> 01:02:51,480
Speaker 16: into the music, yeah, rather than just the sort of

1352
01:02:51,560 --> 01:02:53,400
Speaker 16: mundane of domestic stuff.

1353
01:02:53,480 --> 01:02:57,960
Speaker 2: Then yeah, and what when you say you rented a

1354
01:02:58,040 --> 01:02:59,600
Speaker 2: house with a piano. Is that with a piano and

1355
01:02:59,640 --> 01:03:01,960
Speaker 2: the song comes from the old piano of the eighteen

1356
01:03:02,000 --> 01:03:02,680
Speaker 2: oh seven piano.

1357
01:03:03,520 --> 01:03:06,320
Speaker 16: Yes, yes, there was this amazing grand piano. And I

1358
01:03:06,400 --> 01:03:08,080
Speaker 16: didn't know this, but there's a thing where you know,

1359
01:03:08,200 --> 01:03:11,720
Speaker 16: you can I seldom use AIRBND, but you know there's

1360
01:03:11,840 --> 01:03:14,680
Speaker 16: these Wow, there's pools, there's pianos.

1361
01:03:14,680 --> 01:03:14,840
Speaker 17: You know.

1362
01:03:14,920 --> 01:03:16,720
Speaker 16: I was just like, we're gonna do this. So it's

1363
01:03:16,800 --> 01:03:18,520
Speaker 16: kind of like, it sort of seems crazy not to

1364
01:03:18,600 --> 01:03:19,840
Speaker 16: actually record while was there.

1365
01:03:20,240 --> 01:03:23,680
Speaker 2: And so so you literally written so you airbnb'd your

1366
01:03:23,720 --> 01:03:28,480
Speaker 2: holiday and you and so you literally recorded the album

1367
01:03:28,920 --> 01:03:30,680
Speaker 2: in the house while you're on holiday.

1368
01:03:31,560 --> 01:03:34,840
Speaker 16: Yes, correct, Yeah, wow, yep. And yeah, because some of

1369
01:03:34,920 --> 01:03:37,960
Speaker 16: these songs, some of the fragments of this were from

1370
01:03:38,040 --> 01:03:41,640
Speaker 16: twenty five years ago. There's unfinished songs from the second

1371
01:03:41,720 --> 01:03:43,840
Speaker 16: record that that didn't make the second record and then

1372
01:03:43,880 --> 01:03:46,640
Speaker 16: they've been you know, after been finished.

1373
01:03:46,680 --> 01:03:49,520
Speaker 2: And okay, yeah that's cool because here's the other thing,

1374
01:03:50,200 --> 01:03:53,960
Speaker 2: because this just makes me soundly old. But the albums

1375
01:03:54,200 --> 01:03:56,560
Speaker 2: am I right in saying the album's not out yet,

1376
01:03:56,600 --> 01:03:58,880
Speaker 2: but you've done this. Three singles are already out.

1377
01:04:00,080 --> 01:04:03,080
Speaker 16: Yeah, that's right. Yeah, it's not out till February thirteenth,

1378
01:04:03,840 --> 01:04:06,520
Speaker 16: But the first three songs are out, and yeah, we

1379
01:04:06,840 --> 01:04:10,240
Speaker 16: we just announced the tour, the olden date and the

1380
01:04:10,280 --> 01:04:10,760
Speaker 16: tour dates.

1381
01:04:10,920 --> 01:04:12,280
Speaker 2: Well, I'll come to the tour in just a couple

1382
01:04:12,320 --> 01:04:14,960
Speaker 2: of moments. So the three songs that are that are out,

1383
01:04:15,000 --> 01:04:17,680
Speaker 2: so I listened to all of those yesterday, so they're

1384
01:04:17,680 --> 01:04:20,120
Speaker 2: all great. What's it feel like to have that bit

1385
01:04:20,240 --> 01:04:21,360
Speaker 2: out with more to come?

1386
01:04:22,560 --> 01:04:26,240
Speaker 16: Oh, it's exciting. It's really exciting. But you know, I

1387
01:04:26,360 --> 01:04:29,640
Speaker 16: do really appreciate you talking to me this moment because

1388
01:04:29,680 --> 01:04:32,200
Speaker 16: what it feels like is it's a really different landscape.

1389
01:04:32,240 --> 01:04:35,440
Speaker 16: It's like there's no there's not a lot of music media.

1390
01:04:35,560 --> 01:04:38,920
Speaker 16: There's not a lot of people reviewing albums. And you know,

1391
01:04:39,120 --> 01:04:40,800
Speaker 16: the last time it made a record, that's quite a

1392
01:04:40,840 --> 01:04:45,000
Speaker 16: lot more yeah media, and so it's a really different landscape.

1393
01:04:45,200 --> 01:04:47,040
Speaker 2: Yeah, there used to be a lot more. There used

1394
01:04:47,040 --> 01:04:48,840
Speaker 2: to be a lot more media. Bag that is true.

1395
01:04:48,960 --> 01:04:50,120
Speaker 16: Yeah, thank he's crazy.

1396
01:04:50,640 --> 01:04:52,720
Speaker 2: Just your hold on two seconds for us, beck wrong,

1397
01:04:52,800 --> 01:04:54,640
Speaker 2: who's with us from Sydney. You'll come back with more

1398
01:04:54,680 --> 01:04:57,080
Speaker 2: of the tour is coming the summer, so details on

1399
01:04:57,160 --> 01:04:58,880
Speaker 2: that as well. For your thirteen past eight.

1400
01:05:00,080 --> 01:05:04,920
Speaker 1: Mike asking Breakfast full show podcast on iHeartRadio powered by News.

1401
01:05:04,840 --> 01:05:07,800
Speaker 2: Talks It Use Talks. It be at a sixteen minutes

1402
01:05:07,800 --> 01:05:10,080
Speaker 2: past day. Beck Wronger is with us out of Australia.

1403
01:05:10,120 --> 01:05:12,360
Speaker 2: The new album which isn't out the yet, a thousand

1404
01:05:12,400 --> 01:05:14,560
Speaker 2: February Red Sunset. There are three singles out and we've

1405
01:05:14,560 --> 01:05:16,000
Speaker 2: got a tour to come and I'll give you details

1406
01:05:16,040 --> 01:05:20,920
Speaker 2: on that. You mentioned Beck Opera. Does opra still work?

1407
01:05:21,080 --> 01:05:22,959
Speaker 2: Is that still a thing for artists and the money

1408
01:05:23,040 --> 01:05:24,120
Speaker 2: flows and the envelopes?

1409
01:05:24,280 --> 01:05:24,400
Speaker 18: Right?

1410
01:05:25,320 --> 01:05:28,520
Speaker 16: Oh, yes, it does still work. And so it's the

1411
01:05:28,560 --> 01:05:32,680
Speaker 16: Australasian Performing Rights Association, and you know it's a three

1412
01:05:32,760 --> 01:05:35,400
Speaker 16: quarter of a billion dollar business and just in those

1413
01:05:35,440 --> 01:05:38,400
Speaker 16: regions and I'm on the board and you know it's

1414
01:05:38,440 --> 01:05:41,120
Speaker 16: every year we were doing better and better and it's

1415
01:05:41,160 --> 01:05:43,480
Speaker 16: about getting songwriting royalties.

1416
01:05:43,120 --> 01:05:45,560
Speaker 2: Back to exactly songwriters exactly.

1417
01:05:45,880 --> 01:05:46,720
Speaker 16: It works really well.

1418
01:05:46,960 --> 01:05:49,400
Speaker 2: Do you battle with the streamers in terms of what

1419
01:05:49,560 --> 01:05:50,040
Speaker 2: they pay?

1420
01:05:51,680 --> 01:05:54,680
Speaker 16: We negotiate prices with them. And then you know, no,

1421
01:05:54,840 --> 01:05:57,680
Speaker 16: we don't battle with them. We you know it's they

1422
01:05:58,240 --> 01:05:59,280
Speaker 16: know we partner with them.

1423
01:06:00,760 --> 01:06:06,000
Speaker 2: Said, there we go. There's the board member talk. It's

1424
01:06:06,120 --> 01:06:08,840
Speaker 2: just every time we had page in the other day

1425
01:06:08,920 --> 01:06:10,600
Speaker 2: she's a young artist, a lot of talent, all of

1426
01:06:10,640 --> 01:06:12,440
Speaker 2: that sort of stuff, And I'm always I always ask

1427
01:06:12,520 --> 01:06:15,880
Speaker 2: them about revenue streams and you know, where they get

1428
01:06:15,880 --> 01:06:17,680
Speaker 2: their money from and how it works and stuff, and

1429
01:06:18,160 --> 01:06:21,080
Speaker 2: I just worry, and this makes me sound old again

1430
01:06:21,560 --> 01:06:24,760
Speaker 2: that I worry that they're not surrounded by people who

1431
01:06:24,840 --> 01:06:27,160
Speaker 2: are giving them the sort of advice that that this

1432
01:06:27,360 --> 01:06:29,200
Speaker 2: is a model, this is a business, that this is

1433
01:06:29,280 --> 01:06:31,160
Speaker 2: your living, that you know you need to take care

1434
01:06:31,200 --> 01:06:33,400
Speaker 2: of it. Because they're all sort of loving the creativity.

1435
01:06:34,520 --> 01:06:36,760
Speaker 16: Yeah, I don't know an artist that hasn't had to

1436
01:06:36,880 --> 01:06:39,120
Speaker 16: learn the hard way. You know, you go into it

1437
01:06:39,280 --> 01:06:41,480
Speaker 16: with like, you know, eyes wide open and all you

1438
01:06:41,520 --> 01:06:43,920
Speaker 16: want to do is make music. But yeah, no, it's

1439
01:06:43,920 --> 01:06:45,800
Speaker 16: a it's a bit of a dirty business really, like

1440
01:06:45,920 --> 01:06:49,520
Speaker 16: if you're not careful. Definitely. But I did meet Page

1441
01:06:49,560 --> 01:06:52,360
Speaker 16: recently and I just I loved how she knew deep

1442
01:06:52,480 --> 01:06:55,360
Speaker 16: down what was going on, and I think that I

1443
01:06:55,440 --> 01:06:57,400
Speaker 16: think a lot of musicians actually do. But you sort

1444
01:06:57,440 --> 01:06:59,560
Speaker 16: of have to have blinkers on to just to get

1445
01:06:59,600 --> 01:07:01,919
Speaker 16: through it. But because it's actually it's it is full

1446
01:07:01,960 --> 01:07:04,240
Speaker 16: of skullduggery. And you know, the music industry is not

1447
01:07:04,560 --> 01:07:06,800
Speaker 16: a great. Yeah, it's not great environment exactly?

1448
01:07:07,040 --> 01:07:09,120
Speaker 2: Is this all cream on the cake for you these days?

1449
01:07:09,200 --> 01:07:10,680
Speaker 2: Did you get to a point that you've been so

1450
01:07:10,800 --> 01:07:13,280
Speaker 2: successful that everything's just a bonus and a gold medal?

1451
01:07:14,280 --> 01:07:14,440
Speaker 15: Oh?

1452
01:07:14,560 --> 01:07:18,400
Speaker 16: No, I kind of as always committed to being a musician,

1453
01:07:18,920 --> 01:07:20,840
Speaker 16: you know, right from an early age, from eleven, I

1454
01:07:20,920 --> 01:07:23,000
Speaker 16: knew I wanted to be a musician, So I was

1455
01:07:23,080 --> 01:07:24,960
Speaker 16: always in it for the long haul, even when it

1456
01:07:25,080 --> 01:07:27,800
Speaker 16: just felt like it was going badly. You know, you

1457
01:07:27,920 --> 01:07:30,400
Speaker 16: never lose that sense of yourself as a musician, Like

1458
01:07:30,800 --> 01:07:33,280
Speaker 16: I couldn't retire because I don't know, I feel like

1459
01:07:33,400 --> 01:07:36,280
Speaker 16: I'd lost my sense of self. So yeah, it's good. Yeah,

1460
01:07:36,280 --> 01:07:37,840
Speaker 16: I've got no choice but to keep going.

1461
01:07:38,160 --> 01:07:40,720
Speaker 2: When did it go badly? It's never gone badly for you.

1462
01:07:41,240 --> 01:07:43,640
Speaker 16: Well, you know, it's one of those things where you

1463
01:07:44,040 --> 01:07:47,080
Speaker 16: you know, you can't stay on top all the time.

1464
01:07:47,200 --> 01:07:49,520
Speaker 16: And you know I had hits early, so you know,

1465
01:07:49,600 --> 01:07:53,720
Speaker 16: there's a lot of like, you know, just noodling around

1466
01:07:53,720 --> 01:07:56,080
Speaker 16: the house and thinking, am I ever going to do

1467
01:07:56,240 --> 01:07:59,800
Speaker 16: this again? But yet? But you know I'm here, I'm.

1468
01:07:59,640 --> 01:08:03,200
Speaker 2: Still moodling around the house. So what was So what

1469
01:08:03,320 --> 01:08:05,760
Speaker 2: are your expectations on this album? Then do you have

1470
01:08:06,120 --> 01:08:09,000
Speaker 2: expectations and hits or what?

1471
01:08:09,320 --> 01:08:11,440
Speaker 16: I love it? Yeah, No, that's the thing. We've Being

1472
01:08:11,520 --> 01:08:14,880
Speaker 16: where I'm at, I learned how to manage expectations and

1473
01:08:15,000 --> 01:08:17,280
Speaker 16: that's that's the healthiest way to go about it. So

1474
01:08:17,680 --> 01:08:20,479
Speaker 16: I'm really you know, I've really I'm happy with myself

1475
01:08:20,560 --> 01:08:23,880
Speaker 16: that I finally made new music and and every time

1476
01:08:24,000 --> 01:08:26,519
Speaker 16: someone really connects with the music, I realize that's the

1477
01:08:26,960 --> 01:08:30,559
Speaker 16: that's the thing that matters. And yeah, so so it's problem,

1478
01:08:30,560 --> 01:08:33,479
Speaker 16: it's probably not going to be. There's no sets anymore.

1479
01:08:33,479 --> 01:08:36,760
Speaker 16: It's really rare. It's hard, so you know, yeah, it's

1480
01:08:37,160 --> 01:08:38,680
Speaker 16: I'm just happy with where I'm at.

1481
01:08:38,800 --> 01:08:41,080
Speaker 2: That's what about the road? What about the tours? What

1482
01:08:41,160 --> 01:08:43,559
Speaker 2: about the concerts? And is that still a thrill?

1483
01:08:44,560 --> 01:08:46,600
Speaker 16: I still love that And that's the bit that I

1484
01:08:46,680 --> 01:08:49,479
Speaker 16: spent decades trying to get better at. So that's the

1485
01:08:49,560 --> 01:08:53,559
Speaker 16: thing that you know, I feel that I can control

1486
01:08:53,680 --> 01:08:55,639
Speaker 16: and I really think, you know, that's the good part

1487
01:08:55,800 --> 01:08:56,000
Speaker 16: for me.

1488
01:08:56,360 --> 01:08:58,800
Speaker 2: Good. You've got to show on Wellington I note with

1489
01:08:58,840 --> 01:09:00,439
Speaker 2: the Nzdso has that been recorded?

1490
01:09:01,640 --> 01:09:04,120
Speaker 16: Yes, yeah, we just did one with the APO as well,

1491
01:09:04,200 --> 01:09:07,080
Speaker 16: and yeah, I loved it. So we you know, once

1492
01:09:07,120 --> 01:09:08,720
Speaker 16: you build a show like that and you commission all

1493
01:09:08,760 --> 01:09:10,720
Speaker 16: the arrangements. You know, you could do that forever, and

1494
01:09:10,840 --> 01:09:13,160
Speaker 16: it's it was really exciting. It was just such an

1495
01:09:13,200 --> 01:09:15,519
Speaker 16: efficient practice and you know, you just show up and

1496
01:09:15,560 --> 01:09:17,919
Speaker 16: you sing and you just nail every song with the conductor.

1497
01:09:18,000 --> 01:09:21,160
Speaker 16: And then then then mvso approached us to do one.

1498
01:09:21,680 --> 01:09:24,000
Speaker 16: So that was you know, like I could do this forever.

1499
01:09:24,120 --> 01:09:24,880
Speaker 16: This is so fun.

1500
01:09:25,479 --> 01:09:27,839
Speaker 2: Yeah, I love it. Well, well, I've got your schedule

1501
01:09:27,840 --> 01:09:30,240
Speaker 2: of I'll give them people the details in just a moment.

1502
01:09:30,280 --> 01:09:31,600
Speaker 2: It's all happening in March. What are you doing for

1503
01:09:31,640 --> 01:09:33,960
Speaker 2: the holidays? You're going away for Christmas, You're relaxing, you.

1504
01:09:35,520 --> 01:09:39,600
Speaker 16: I've got we're starting to get going outside of you know,

1505
01:09:39,680 --> 01:09:41,839
Speaker 16: we're going to the Philippines and we're going to Thailand

1506
01:09:41,960 --> 01:09:45,080
Speaker 16: and for work. You know, so that's really exciting. Those

1507
01:09:45,120 --> 01:09:48,960
Speaker 16: are big markets for me, because you're streaming markets for me.

1508
01:09:49,040 --> 01:09:51,679
Speaker 16: So I'm just going and playing there and having meetings

1509
01:09:51,760 --> 01:09:53,280
Speaker 16: there and so I'll take the family to that.

1510
01:09:53,640 --> 01:09:56,880
Speaker 2: Yeah, fantastic. Maybe the piano.

1511
01:09:57,760 --> 01:09:59,880
Speaker 16: Yeah, but my mom's in Malaysia, so we will all.

1512
01:10:00,600 --> 01:10:03,479
Speaker 2: Well, I love you mum, Oh yeah, my mom loves

1513
01:10:03,520 --> 01:10:03,800
Speaker 2: you too.

1514
01:10:03,920 --> 01:10:04,120
Speaker 16: Yeah.

1515
01:10:04,120 --> 01:10:05,880
Speaker 2: I love it and I love you too, man listen

1516
01:10:06,040 --> 01:10:08,120
Speaker 2: lovely to keep lovely, to catch up with you, have

1517
01:10:08,200 --> 01:10:09,840
Speaker 2: a great holiday, and good luck with the old one

1518
01:10:09,880 --> 01:10:12,240
Speaker 2: and all the concerts and stuff. Nice to talk, take care,

1519
01:10:12,320 --> 01:10:14,760
Speaker 2: thanks for having us, yea chairs, how I mean? Is

1520
01:10:14,800 --> 01:10:16,360
Speaker 2: she the world's most lovely person?

1521
01:10:16,479 --> 01:10:16,600
Speaker 14: Or what?

1522
01:10:16,680 --> 01:10:18,120
Speaker 2: I'll give you the list of concerts in just a

1523
01:10:18,160 --> 01:10:18,719
Speaker 2: couple of moments.

1524
01:10:18,760 --> 01:10:22,919
Speaker 1: Eight twenty one the mic Hosking breakfast with the Defender

1525
01:10:23,000 --> 01:10:23,920
Speaker 1: and used togs.

1526
01:10:23,640 --> 01:10:26,080
Speaker 2: Head b right. Last week of the Black Friday had

1527
01:10:26,080 --> 01:10:28,840
Speaker 2: about healthy the clock officially ticking. So if you've been

1528
01:10:28,840 --> 01:10:31,600
Speaker 2: waiting for the right moment to trying their much loved supplements,

1529
01:10:31,720 --> 01:10:34,519
Speaker 2: this is it so about health home with Lesters. Of course,

1530
01:10:34,800 --> 01:10:36,599
Speaker 2: a QWIS can't get enough of the old Lester's oil,

1531
01:10:36,640 --> 01:10:40,160
Speaker 2: absolutely brilliant Premium A Mega three blend supports the heart,

1532
01:10:40,200 --> 01:10:42,160
Speaker 2: that joint, the brain, the eye health. If you're looking

1533
01:10:42,160 --> 01:10:44,519
Speaker 2: for a lift in the energy, the daily vitality resby

1534
01:10:44,600 --> 01:10:47,760
Speaker 2: ultimate bursting with the antioxidants helps keep you performing at

1535
01:10:47,800 --> 01:10:49,519
Speaker 2: your best and right now during these final days of

1536
01:10:49,520 --> 01:10:51,519
Speaker 2: Black Friday, you can save up to twenty percent across

1537
01:10:51,520 --> 01:10:54,920
Speaker 2: the range. Twenty percent across the range, so About Health.

1538
01:10:54,920 --> 01:10:57,519
Speaker 2: They've been helping thousands of us look after our bodies

1539
01:10:57,600 --> 01:10:59,640
Speaker 2: from the inside out, and this week they're making it

1540
01:10:59,680 --> 01:11:02,920
Speaker 2: even so once the week is over, so the Black

1541
01:11:02,920 --> 01:11:04,840
Speaker 2: Friday deal, So do not miss out. Read the label

1542
01:11:04,880 --> 01:11:07,120
Speaker 2: take only as director. But here's where you go telephone

1543
01:11:07,520 --> 01:11:09,960
Speaker 2: eight hundred triple nine three oh nine I eight hundred

1544
01:11:10,000 --> 01:11:13,120
Speaker 2: triple nine three O line online at about health dot

1545
01:11:13,240 --> 01:11:17,400
Speaker 2: co dot m zsky Right. So she's in hawks Bay

1546
01:11:18,160 --> 01:11:22,120
Speaker 2: in Hamilton, Auckland, christ Church, Wellington, Melbourne, Brisbane, Sydney, Canberra

1547
01:11:22,320 --> 01:11:27,840
Speaker 2: and Fremantle at the Frio Social. So that's in March

1548
01:11:27,880 --> 01:11:30,040
Speaker 2: of next year. If you're a Bigrunger fan, Mike great

1549
01:11:30,080 --> 01:11:33,000
Speaker 2: to hear Big Wrunger interesting. Her liaison with the NZSO

1550
01:11:33,080 --> 01:11:35,760
Speaker 2: too might continue, will replace the NZSO playing with Split

1551
01:11:35,880 --> 01:11:39,880
Speaker 2: Ends and Cayrie to Carnaman. Mike are with many Vinderbenni

1552
01:11:40,080 --> 01:11:43,240
Speaker 2: or several of Bigroonger's concerts and they never disappoint. Charming

1553
01:11:43,720 --> 01:11:46,000
Speaker 2: and a musical delight. Michael walked past to Barren Byron

1554
01:11:46,040 --> 01:11:48,439
Speaker 2: Bay twenty four years ago, heard the most beautiful voice.

1555
01:11:48,439 --> 01:11:50,960
Speaker 2: So I went and I met Beckwronger doing a live set.

1556
01:11:51,080 --> 01:11:54,560
Speaker 2: Loved her ever since Mike, you're obsessed with musicians, I

1557
01:11:54,600 --> 01:11:56,240
Speaker 2: think it's your dream to be one. I don't think

1558
01:11:56,280 --> 01:11:58,920
Speaker 2: you would have been a famous if you were. Paul,

1559
01:11:58,960 --> 01:12:02,400
Speaker 2: I'm not obsessed. What I find in musicians, generally speaking,

1560
01:12:02,680 --> 01:12:05,920
Speaker 2: is that they're living their dreams. And I'm all about

1561
01:12:05,960 --> 01:12:07,720
Speaker 2: people living their dreams. So if you're living your dream,

1562
01:12:07,720 --> 01:12:09,639
Speaker 2: I'm right there with you. That's how that works, basically.

1563
01:12:10,160 --> 01:12:10,360
Speaker 3: News.

1564
01:12:10,400 --> 01:12:15,080
Speaker 2: In a couple of moments, we've got Rachel Reeves. I

1565
01:12:15,200 --> 01:12:17,719
Speaker 2: don't know that there's anything left she hasn't taxed today,

1566
01:12:17,880 --> 01:12:23,639
Speaker 2: twenty six billion pounds in new taxes. Twenty six billion

1567
01:12:23,800 --> 01:12:27,080
Speaker 2: pounds in new taxes. Ender Brady with us shortly.

1568
01:13:28,840 --> 01:13:34,800
Speaker 1: Opinionated, informed, unapologetic, the mic asking breakfast with Bailey's real estate,

1569
01:13:35,000 --> 01:13:38,559
Speaker 1: doing real estate differently since nineteen seventy three, used talk

1570
01:13:38,640 --> 01:13:39,799
Speaker 1: sad be interesting.

1571
01:13:39,960 --> 01:13:41,960
Speaker 2: I've been talking to the Prime Minister earlier on this week,

1572
01:13:42,000 --> 01:13:43,800
Speaker 2: and I was talking to about the carbon market, what

1573
01:13:43,920 --> 01:13:46,080
Speaker 2: a disaster the carbon market is, and how the governments

1574
01:13:46,120 --> 01:13:48,320
Speaker 2: keep mucking around with the carbon market. That's why nobody

1575
01:13:48,400 --> 01:13:50,160
Speaker 2: turns up and buys credits, and that's why the whole

1576
01:13:50,200 --> 01:13:53,000
Speaker 2: twenty fifty thing is a problem. He still argues, and

1577
01:13:53,120 --> 01:13:55,120
Speaker 2: I won't bore you witlers, but there were various targets.

1578
01:13:55,160 --> 01:13:57,240
Speaker 2: So the original target was twenty fifty. Of course nit

1579
01:13:57,320 --> 01:13:59,240
Speaker 2: zero about twenty fifty, he says, we're still going to

1580
01:13:59,280 --> 01:14:03,360
Speaker 2: get there. Interesting developments yesterday. One of the plans they

1581
01:14:03,400 --> 01:14:07,280
Speaker 2: had was to capture and store carbon dioxide from the

1582
01:14:07,479 --> 01:14:11,080
Speaker 2: Caperny gas field, and they thought that would help. But

1583
01:14:11,280 --> 01:14:13,880
Speaker 2: they formally dropped that, and they've dropped that for very

1584
01:14:13,920 --> 01:14:16,880
Speaker 2: good reasons. The high cost of building a carbon capture

1585
01:14:16,920 --> 01:14:20,719
Speaker 2: and storage facility was no longer worth it without government investment.

1586
01:14:20,760 --> 01:14:22,680
Speaker 2: That's what the company came to the conclusion. So that

1587
01:14:22,840 --> 01:14:25,760
Speaker 2: was the end of that. But New Zealand needs to

1588
01:14:25,880 --> 01:14:29,320
Speaker 2: produce less than three hundred and five million tons of

1589
01:14:29,400 --> 01:14:32,479
Speaker 2: greenhouse gas emissions to stay within its twenty six to

1590
01:14:32,800 --> 01:14:36,840
Speaker 2: thirty emissions budget. So you got budgets along the way

1591
01:14:37,439 --> 01:14:40,960
Speaker 2: leading to twenty fifty. So three zho five million tons

1592
01:14:41,600 --> 01:14:44,519
Speaker 2: is our target for twenty six through thirty, which obviously

1593
01:14:44,640 --> 01:14:47,920
Speaker 2: is what we're about to enter into. Now it would

1594
01:14:47,960 --> 01:14:51,479
Speaker 2: appear that we're going to make it. So that's good.

1595
01:14:51,600 --> 01:14:53,920
Speaker 2: So you say, hello, Louja, congratulations, well done to us.

1596
01:14:54,000 --> 01:14:56,240
Speaker 2: We've done something good. Now the question then is if

1597
01:14:56,280 --> 01:14:59,240
Speaker 2: we've suddenly dropped the carbon catcher capture, how is it

1598
01:14:59,320 --> 01:15:02,759
Speaker 2: we're going to make And the answer is they've suddenly

1599
01:15:02,840 --> 01:15:05,040
Speaker 2: discovered and this is the whole science will say this,

1600
01:15:05,600 --> 01:15:07,840
Speaker 2: They've suddenly discovered that the trees have sucked up a

1601
01:15:07,840 --> 01:15:09,439
Speaker 2: lot more carbon dark side than I thought they were.

1602
01:15:10,000 --> 01:15:12,439
Speaker 2: Similar to that, we didn't do anything. We didn't then

1603
01:15:12,479 --> 01:15:15,519
Speaker 2: pinge on everybody's life. We didn't change any rules, we

1604
01:15:15,600 --> 01:15:17,479
Speaker 2: didn't text anybody, We didn't tell you what to do

1605
01:15:17,560 --> 01:15:19,639
Speaker 2: and how to live your life. We just suddenly discovered

1606
01:15:19,640 --> 01:15:21,439
Speaker 2: that the trees were sucking up more carbon dark side

1607
01:15:21,479 --> 01:15:23,000
Speaker 2: than we thought, and all of a sudden, there as

1608
01:15:23,040 --> 01:15:25,479
Speaker 2: a result of that, we will meet our targets. Go

1609
01:15:25,680 --> 01:15:28,840
Speaker 2: figure twenty two to nine. Pasking right I led us

1610
01:15:28,880 --> 01:15:30,880
Speaker 2: head now to Britain and into Brady, is whether it's

1611
01:15:30,920 --> 01:15:31,839
Speaker 2: in a very good morning.

1612
01:15:31,680 --> 01:15:35,320
Speaker 18: To you, good morning, make good to speak to you again.

1613
01:15:35,200 --> 01:15:38,360
Speaker 2: And you two. Is there anything lift? She hasn't text.

1614
01:15:40,320 --> 01:15:40,800
Speaker 7: Not much.

1615
01:15:41,000 --> 01:15:41,679
Speaker 2: I have to say.

1616
01:15:41,800 --> 01:15:44,599
Speaker 18: We're all kind of working out how worse off we're

1617
01:15:44,640 --> 01:15:46,439
Speaker 18: going to be. They reckon the average family will be

1618
01:15:46,520 --> 01:15:50,759
Speaker 18: his average working family down about three two hundred dollars

1619
01:15:50,880 --> 01:15:53,080
Speaker 18: a year off the back of this budget. So look,

1620
01:15:53,160 --> 01:15:56,519
Speaker 18: the messaging from Labor is that Britain is in such

1621
01:15:56,560 --> 01:16:00,280
Speaker 18: a tight spot financially that absolutely everyone needs to take

1622
01:16:00,320 --> 01:16:03,040
Speaker 18: a hit, and by god, she's done that. They're calling

1623
01:16:03,120 --> 01:16:06,120
Speaker 18: it a small gas board of tax rises.

1624
01:16:07,360 --> 01:16:11,040
Speaker 2: Did she deliver roughly what you thought she was going

1625
01:16:11,120 --> 01:16:12,360
Speaker 2: to or did she go further?

1626
01:16:14,320 --> 01:16:16,519
Speaker 18: I think so much of this had been leaked and

1627
01:16:16,760 --> 01:16:19,360
Speaker 18: trailed in the press in the last week to ten days,

1628
01:16:19,479 --> 01:16:21,320
Speaker 18: and then on top of that, would you believe it,

1629
01:16:21,800 --> 01:16:24,519
Speaker 18: half an hour before Rachel Reeves, the Chancellor, stood up

1630
01:16:24,560 --> 01:16:27,080
Speaker 18: in Parliament to deliver the budget for the UK government,

1631
01:16:27,720 --> 01:16:32,880
Speaker 18: an organization called the ob or, the Office of Budget Responsibility.

1632
01:16:33,080 --> 01:16:36,519
Speaker 18: They published a document with their response to the budget,

1633
01:16:36,920 --> 01:16:39,240
Speaker 18: so they'd clearly been given all the budget in advance.

1634
01:16:39,800 --> 01:16:44,040
Speaker 18: They published it way way too early, so journalists had

1635
01:16:44,120 --> 01:16:47,720
Speaker 18: sight of the budget before Rachel Reeves stood up. So

1636
01:16:47,960 --> 01:16:50,800
Speaker 18: it wasn't exactly as if there was anything that came

1637
01:16:50,880 --> 01:16:54,120
Speaker 18: as a shock because we were hearing about us on

1638
01:16:54,280 --> 01:16:57,640
Speaker 18: the airwaves half an hour before she spoke twenty.

1639
01:16:57,439 --> 01:17:00,840
Speaker 2: Six pounds in New Texas that she's got Does she

1640
01:17:02,160 --> 01:17:04,920
Speaker 2: have the whole or close the fiscal gap or does

1641
01:17:05,000 --> 01:17:06,799
Speaker 2: she just go and spind it all and keep borrowing

1642
01:17:06,840 --> 01:17:07,160
Speaker 2: as well.

1643
01:17:08,240 --> 01:17:10,360
Speaker 18: No, I think it's a mix of both. So the

1644
01:17:10,439 --> 01:17:13,120
Speaker 18: fiscal gap is somewhere in the region of forty billion

1645
01:17:13,360 --> 01:17:14,120
Speaker 18: pounds a year.

1646
01:17:14,040 --> 01:17:16,879
Speaker 2: At the moment, so she's closing it. Basically.

1647
01:17:17,040 --> 01:17:20,120
Speaker 18: The conundrum for Labor is they're in government fourteen months

1648
01:17:20,280 --> 01:17:23,519
Speaker 18: and they're saying that everything that's happening at the moment

1649
01:17:23,680 --> 01:17:26,559
Speaker 18: hasn't happened in fourteen months. It's dealing with fourteen years

1650
01:17:26,720 --> 01:17:30,000
Speaker 18: of conservative rule. That's what meant the messaging that Labor

1651
01:17:30,040 --> 01:17:32,400
Speaker 18: are trying to put out tonight here. Her problem is

1652
01:17:32,520 --> 01:17:36,320
Speaker 18: people are very short coming. The bills are going up,

1653
01:17:36,800 --> 01:17:38,760
Speaker 18: and we have a long winter ahead of us as

1654
01:17:38,840 --> 01:17:41,160
Speaker 18: you are embracing spring and summer and all that is

1655
01:17:41,280 --> 01:17:42,360
Speaker 18: good if.

1656
01:17:43,720 --> 01:17:45,160
Speaker 2: Rubbish weather and very.

1657
01:17:45,080 --> 01:17:47,200
Speaker 18: It was minus one this morning when I went running here,

1658
01:17:47,760 --> 01:17:49,800
Speaker 18: so our energy bills will be going through the roof.

1659
01:17:50,000 --> 01:17:52,679
Speaker 18: People are struggling to get to the end of the month.

1660
01:17:53,240 --> 01:17:56,559
Speaker 18: And I think the problem for labor is that they've

1661
01:17:57,000 --> 01:18:03,360
Speaker 18: taxed the hell out Switzerland, Milan, Dubai, anywhere with a

1662
01:18:03,479 --> 01:18:06,720
Speaker 18: less punitive tax regime for the super rich, so they're

1663
01:18:06,800 --> 01:18:10,080
Speaker 18: left with basically the middle classes, and I think this

1664
01:18:10,320 --> 01:18:12,880
Speaker 18: is a budget. It's good if you're on benefits, it's

1665
01:18:12,960 --> 01:18:16,120
Speaker 18: good if you're a low wage earner. But if you're

1666
01:18:16,160 --> 01:18:20,280
Speaker 18: a higher earner or in the middle bracket, I think

1667
01:18:20,400 --> 01:18:23,200
Speaker 18: it just is relentless misery of taxation.

1668
01:18:23,479 --> 01:18:26,519
Speaker 2: How does she defend in a country with less than

1669
01:18:26,560 --> 01:18:30,640
Speaker 2: no money, the two child benefit scrapping there so you

1670
01:18:30,680 --> 01:18:32,880
Speaker 2: can have as many children as you like on a benefit.

1671
01:18:32,920 --> 01:18:35,960
Speaker 2: I mean, how do you explain that? Well, you just can't.

1672
01:18:36,120 --> 01:18:38,960
Speaker 18: I mean even the most ardent of labor supporters will

1673
01:18:39,000 --> 01:18:41,200
Speaker 18: think this is one that they really didn't have to

1674
01:18:41,280 --> 01:18:44,360
Speaker 18: do right now. They've got another four years until there's

1675
01:18:44,360 --> 01:18:48,160
Speaker 18: an election. But my prediction is that, look, they wanted

1676
01:18:48,240 --> 01:18:52,040
Speaker 18: to deliver a labor budget for labor people, to help

1677
01:18:52,080 --> 01:18:55,040
Speaker 18: the working family, and I think they've messed that one

1678
01:18:55,160 --> 01:18:58,000
Speaker 18: up because the Conservatives are coming out and saying, yep,

1679
01:18:58,439 --> 01:19:00,639
Speaker 18: so your taxes are going up because as they want

1680
01:19:00,680 --> 01:19:03,360
Speaker 18: to give welfare to people with loads of kids on benefits.

1681
01:19:03,880 --> 01:19:05,040
Speaker 18: And that's the headline.

1682
01:19:05,520 --> 01:19:09,640
Speaker 2: Unreal just quickly, just as just an aside, and the

1683
01:19:09,880 --> 01:19:11,920
Speaker 2: Lemmy's thing yesterday, I was reading about where he wants

1684
01:19:11,920 --> 01:19:13,720
Speaker 2: to get rid of a lot of jury trials. Is

1685
01:19:13,760 --> 01:19:15,760
Speaker 2: that a a major story? And b of it is

1686
01:19:15,840 --> 01:19:18,040
Speaker 2: has it got a lot of pushbackers? Everyone on board with.

1687
01:19:18,080 --> 01:19:22,160
Speaker 18: It, que story, and I think the timing was deliberate,

1688
01:19:22,320 --> 01:19:24,040
Speaker 18: put it out on the eve of a budget, so

1689
01:19:24,200 --> 01:19:27,040
Speaker 18: all the journalists are tied up looking at taxes and

1690
01:19:27,160 --> 01:19:30,599
Speaker 18: income thresholds and where the money's going to come from.

1691
01:19:31,120 --> 01:19:35,840
Speaker 18: I've been covering court cases in the UK for thirty

1692
01:19:35,920 --> 01:19:39,880
Speaker 18: two years now and I think it is a cornerstone

1693
01:19:39,920 --> 01:19:44,720
Speaker 18: of democracy. The system works brilliantly well. And I think

1694
01:19:45,080 --> 01:19:47,840
Speaker 18: I've been to so many cases and you're just all

1695
01:19:48,520 --> 01:19:52,040
Speaker 18: people who agree to jury service turn up put in

1696
01:19:52,160 --> 01:19:55,400
Speaker 18: the time, whether it's two weeks or six weeks, it

1697
01:19:55,600 --> 01:19:59,519
Speaker 18: could be six months. It's the cornerstone of criminal justice

1698
01:19:59,560 --> 01:20:02,599
Speaker 18: and democ christy in the UK really and I think

1699
01:20:02,880 --> 01:20:05,760
Speaker 18: the criminal justice system is on its knees backlog of

1700
01:20:05,880 --> 01:20:08,960
Speaker 18: eighty thousand cases, Mike, that's why they're doing this.

1701
01:20:09,280 --> 01:20:10,880
Speaker 2: Good to see you, mate, you go well, appreciate it

1702
01:20:10,960 --> 01:20:13,000
Speaker 2: very much. Into Brady, who's in for a rod little

1703
01:20:13,040 --> 01:20:15,160
Speaker 2: this morning. Just just as see. First of all, the

1704
01:20:15,520 --> 01:20:17,519
Speaker 2: mansion tax, it's not a mention. This is for homes

1705
01:20:17,520 --> 01:20:19,360
Speaker 2: worth more than two million pounds. You know, homes in

1706
01:20:19,400 --> 01:20:21,880
Speaker 2: New Zealand worth two million bucks are not mentioned, and

1707
01:20:21,960 --> 01:20:23,920
Speaker 2: we all understand that, and they understand the same thing

1708
01:20:23,960 --> 01:20:26,679
Speaker 2: in Britain, mainly in the southeast of England, in places

1709
01:20:26,800 --> 01:20:29,320
Speaker 2: like London. So if you've got a two million pound house,

1710
01:20:29,320 --> 01:20:30,920
Speaker 2: you're not in a mansion, you're just in a nice

1711
01:20:30,920 --> 01:20:34,479
Speaker 2: house anyway. So that's another six thousand dollars a year.

1712
01:20:34,960 --> 01:20:36,400
Speaker 2: That's on top of your rates and all the taxes

1713
01:20:36,400 --> 01:20:38,200
Speaker 2: you already pay. You just pay another six thousand dollars

1714
01:20:38,200 --> 01:20:40,640
Speaker 2: a year because you can allegedly, and if you've got

1715
01:20:40,640 --> 01:20:42,519
Speaker 2: a house worth more than five million, which I would

1716
01:20:42,560 --> 01:20:44,559
Speaker 2: argue is still not a mention, still just a very

1717
01:20:44,640 --> 01:20:47,960
Speaker 2: nice house, you'll be paying another sixteen thousand dollars a year.

1718
01:20:48,000 --> 01:20:49,880
Speaker 2: So rates, taxes, all that sort of thing, and we'll

1719
01:20:49,920 --> 01:20:54,280
Speaker 2: have another sixteen thousand dollars a year just because you've

1720
01:20:54,320 --> 01:20:55,800
Speaker 2: got a nice house. That's the sort of thing. They're

1721
01:20:55,800 --> 01:20:57,080
Speaker 2: into it. And by the way, we will give that

1722
01:20:57,160 --> 01:20:59,519
Speaker 2: to people who can now have as many children as

1723
01:20:59,560 --> 01:21:02,000
Speaker 2: they like. Wealthare go Figure sixteen two.

1724
01:21:03,479 --> 01:21:07,840
Speaker 1: The High Asking Breakfast Full Show podcast on iHeartRadio powered

1725
01:21:07,920 --> 01:21:08,880
Speaker 1: by News Talks at.

1726
01:21:08,840 --> 01:21:13,320
Speaker 2: B there's a great story from Resonate customer. Customer is Lisa.

1727
01:21:13,880 --> 01:21:16,680
Speaker 2: She's a hearing aid warer herself, and she said she

1728
01:21:16,760 --> 01:21:19,720
Speaker 2: actually google does Keith Richard's wear hearing aids and then

1729
01:21:19,760 --> 01:21:22,560
Speaker 2: she laughs. This says, I'm getting a hip replacement so

1730
01:21:22,640 --> 01:21:24,719
Speaker 2: I can swing my leg over the bike. Why wouldn't

1731
01:21:24,760 --> 01:21:27,000
Speaker 2: I make myself better in every other way? Very very

1732
01:21:27,040 --> 01:21:30,000
Speaker 2: good point, because she's right. See, we take supplements, we

1733
01:21:30,080 --> 01:21:31,479
Speaker 2: work out, we get a new hip, we get a

1734
01:21:31,520 --> 01:21:33,040
Speaker 2: new nee, all that sort of stuff to keep thinking

1735
01:21:33,360 --> 01:21:35,920
Speaker 2: and doing the things we love. Right, and hearing is

1736
01:21:36,000 --> 01:21:39,120
Speaker 2: no different. Hearing well is part of staying young. So

1737
01:21:39,240 --> 01:21:41,479
Speaker 2: Lisa says, people take all their health foods because they

1738
01:21:41,800 --> 01:21:44,080
Speaker 2: want to stay fit and stay young, while hearing aids

1739
01:21:44,200 --> 01:21:46,880
Speaker 2: keep you young as well, So you're much better off

1740
01:21:46,960 --> 01:21:48,760
Speaker 2: being part of the conversation that sitting on the edge

1741
01:21:48,800 --> 01:21:50,920
Speaker 2: of it. That is why she is with Resonate Health.

1742
01:21:50,960 --> 01:21:51,040
Speaker 5: Now.

1743
01:21:51,080 --> 01:21:52,960
Speaker 2: For ninety dollars a month, you get top of the

1744
01:21:53,040 --> 01:21:55,160
Speaker 2: range hearing aids, full support, and a free upgrade every

1745
01:21:55,200 --> 01:21:58,320
Speaker 2: three years. The price locked in for life. So if

1746
01:21:58,360 --> 01:22:00,720
Speaker 2: you want to stay active, stay confident, stay young, just

1747
01:22:00,840 --> 01:22:03,479
Speaker 2: like Lisa I eight hundred seven three seven sixty six

1748
01:22:03,560 --> 01:22:05,840
Speaker 2: two I eight hundred seven three seven sixty six two,

1749
01:22:06,200 --> 01:22:09,439
Speaker 2: or you go to Resonate Health dot co dot nz

1750
01:22:10,000 --> 01:22:12,679
Speaker 2: paskime Mike Wilby in for Texas like that if Hipkins

1751
01:22:12,720 --> 01:22:15,080
Speaker 2: gets the CGT. Mike was at the Future Labor New

1752
01:22:15,160 --> 01:22:18,639
Speaker 2: Zealand budget we just discussed with Ender. Mike wasn't Hipkins

1753
01:22:18,680 --> 01:22:20,719
Speaker 2: over in England a few months ago seeing how labor

1754
01:22:20,720 --> 01:22:22,920
Speaker 2: would exactly He went to the conference. Remember he went

1755
01:22:22,960 --> 01:22:25,040
Speaker 2: over to Liverpool and he was going to hang out

1756
01:22:25,080 --> 01:22:27,200
Speaker 2: with Kostarmer for a while. It's been a long time,

1757
01:22:27,320 --> 01:22:29,800
Speaker 2: you know, disassociate yourself with the labor thing. But it's

1758
01:22:29,840 --> 01:22:33,200
Speaker 2: been a long time that you've seen a Newish government

1759
01:22:33,760 --> 01:22:37,960
Speaker 2: anywhere that has been that as cataclysmic as the Starmer

1760
01:22:38,040 --> 01:22:41,519
Speaker 2: labor government of twenty twenty four to twenty five, twenty six,

1761
01:22:41,560 --> 01:22:43,800
Speaker 2: twenty seven, twenty eight. Given they've got a five year term,

1762
01:22:43,920 --> 01:22:46,760
Speaker 2: is over twenty ones get twelve pounds seventy one an hour,

1763
01:22:46,840 --> 01:22:49,720
Speaker 2: so that right that's gone up fifty p They've got

1764
01:22:49,760 --> 01:22:52,080
Speaker 2: different age groups in that country, eighteen to twenty to

1765
01:22:52,160 --> 01:22:54,320
Speaker 2: get an eighty five p rise to ten eighty five

1766
01:22:54,400 --> 01:22:56,600
Speaker 2: and the under eighteens and apprentices get forty five p

1767
01:22:56,760 --> 01:22:59,960
Speaker 2: more an hour to eight pounds an hour eight pounds

1768
01:23:00,200 --> 01:23:03,160
Speaker 2: an hour, and don't there's no point we got a

1769
01:23:03,720 --> 01:23:05,760
Speaker 2: son in Britain. There's no point going oh yeah, but

1770
01:23:05,840 --> 01:23:09,639
Speaker 2: that's eighteen New Zealand dollars. It makes no difference because

1771
01:23:09,720 --> 01:23:11,639
Speaker 2: you earn pounds, you spend pounds. And I can tell

1772
01:23:11,640 --> 01:23:16,479
Speaker 2: you living in Britain is an expensive business. Minimum increases

1773
01:23:16,520 --> 01:23:19,080
Speaker 2: are on top, by the way, those wage increases are

1774
01:23:19,120 --> 01:23:20,599
Speaker 2: on top of the six point seven for the over

1775
01:23:20,680 --> 01:23:24,720
Speaker 2: twenty ones, the sixteen percent for the eighteen to twenty

1776
01:23:24,800 --> 01:23:27,800
Speaker 2: year olds that they got last year, and you wonder

1777
01:23:27,840 --> 01:23:30,400
Speaker 2: why the place is broke. And then we come to

1778
01:23:30,640 --> 01:23:33,400
Speaker 2: Kia was actually at a school. He was at Well

1779
01:23:33,479 --> 01:23:36,760
Speaker 2: in the Caadam in Peterborough, and he led the kids

1780
01:23:36,800 --> 01:23:38,840
Speaker 2: in a sixty seven dance and this six seventh thing

1781
01:23:39,800 --> 01:23:41,680
Speaker 2: is a thing. Look it up if you don't know

1782
01:23:41,720 --> 01:23:44,559
Speaker 2: what it is. Anyway, he led them in a dance.

1783
01:23:44,600 --> 01:23:46,960
Speaker 2: He was reading with pupils when one pointed out that

1784
01:23:47,040 --> 01:23:50,880
Speaker 2: they were on pages six and seven, and then the

1785
01:23:50,920 --> 01:23:55,760
Speaker 2: Prime Minister made the juggling hand gesture and off they went.

1786
01:23:56,439 --> 01:23:58,400
Speaker 2: And the problem was he goes, oh that got about

1787
01:23:58,400 --> 01:23:59,880
Speaker 2: that got a bit carried away, didn't he said to

1788
01:23:59,880 --> 01:24:02,080
Speaker 2: the teacher and the teachers actually the six seven dancers

1789
01:24:02,120 --> 01:24:05,640
Speaker 2: banned here at the school. And do you know what

1790
01:24:05,760 --> 01:24:08,720
Speaker 2: he said as Prime Minister of the country. Well, I

1791
01:24:08,800 --> 01:24:13,200
Speaker 2: didn't start it, he later said. Sorry, turn away from

1792
01:24:13,280 --> 01:24:15,760
Speaker 2: nine for the mic casking.

1793
01:24:15,400 --> 01:24:18,680
Speaker 1: Breakfast with Bailey's Real Estate news dogs, there'd be no.

1794
01:24:18,760 --> 01:24:21,000
Speaker 2: We all know how important flossing is, but many people

1795
01:24:21,080 --> 01:24:23,400
Speaker 2: don't because it's too hard. Takes to lie, it might

1796
01:24:23,439 --> 01:24:25,200
Speaker 2: be a bit painful, or reach the old back teeth.

1797
01:24:25,240 --> 01:24:28,639
Speaker 2: You know what I'm say. Anyway, water pick makes flossing easy.

1798
01:24:28,680 --> 01:24:31,360
Speaker 2: It's genius. Water Pick water flossing are clinically proven to

1799
01:24:31,400 --> 01:24:33,880
Speaker 2: be up to fifty percent more effective than string floss,

1800
01:24:34,320 --> 01:24:37,080
Speaker 2: perfect for everyone, including if you've got the braces, the

1801
01:24:37,120 --> 01:24:39,800
Speaker 2: dental implants, the crowns of the bridges whatever. Water pick

1802
01:24:39,920 --> 01:24:42,040
Speaker 2: uses a unique combination of the water pressure and the

1803
01:24:42,080 --> 01:24:45,000
Speaker 2: pulsations to clean deep between the teeth and below the

1804
01:24:45,040 --> 01:24:48,000
Speaker 2: gum line, removing the harmful bacteria and the debris that

1805
01:24:48,200 --> 01:24:51,519
Speaker 2: traditional Russian and flossing cannot reach. Are clinically proven to

1806
01:24:51,560 --> 01:24:54,040
Speaker 2: remove ninety nine point nine percent a PLUK from treated

1807
01:24:54,080 --> 01:24:56,040
Speaker 2: areas and leaves your mouth feeling like you've just been

1808
01:24:56,080 --> 01:24:58,519
Speaker 2: to the dentist's fantastic. I get a thriller out of

1809
01:24:58,560 --> 01:24:59,920
Speaker 2: it every day. I think it's like a cool thing,

1810
01:25:01,680 --> 01:25:04,320
Speaker 2: although you just don't want to If somebody says something

1811
01:25:04,360 --> 01:25:05,880
Speaker 2: to you at the time, you don't want to answer

1812
01:25:05,920 --> 01:25:08,080
Speaker 2: that because then just the water flies everywhere. But that's

1813
01:25:08,240 --> 01:25:10,960
Speaker 2: probably just me. Sixty years of water flossing innovation. Waterpecker

1814
01:25:11,000 --> 01:25:14,479
Speaker 2: is the world's number one flosser, has an extensive range

1815
01:25:14,520 --> 01:25:17,080
Speaker 2: to cater for oral care needs. It's available at chemist

1816
01:25:17,120 --> 01:25:20,200
Speaker 2: warehouse and pharmacies nationwide, or if you want to look

1817
01:25:20,200 --> 01:25:23,680
Speaker 2: at all the details on the website, water Pick pik,

1818
01:25:24,080 --> 01:25:30,280
Speaker 2: waterpick dot com, dot au Hosking the remaking right Rush

1819
01:25:30,360 --> 01:25:32,519
Speaker 2: Our four. I didn't realize it was such a thing.

1820
01:25:33,439 --> 01:25:37,200
Speaker 2: This Paramount Warner Brothers Discovery. They've cut a deal over

1821
01:25:37,360 --> 01:25:42,840
Speaker 2: revenue sharing the trilogy. Huge hit. This also comes by

1822
01:25:42,880 --> 01:25:46,080
Speaker 2: the ways Paramount, Comcast and Netflix are putting in bids

1823
01:25:46,120 --> 01:25:49,080
Speaker 2: for Warner Brothers Discovery studio and streaming assets, so that's

1824
01:25:49,120 --> 01:25:53,000
Speaker 2: in play at the moment. It's they've been looking to

1825
01:25:53,120 --> 01:25:56,320
Speaker 2: do it for about two twenty years, two decades. Rush

1826
01:25:56,360 --> 01:25:59,680
Speaker 2: Our four anyway, Brett Ratner. I don't know if I

1827
01:25:59,840 --> 01:26:03,000
Speaker 2: near ever knew this or I just forgot, but anyway,

1828
01:26:03,080 --> 01:26:06,559
Speaker 2: the director Brett Ratner, his career fell over in twenty seventeen.

1829
01:26:06,640 --> 01:26:09,320
Speaker 2: Several actors accused him of sexual misconduct. He denied it

1830
01:26:09,400 --> 01:26:11,880
Speaker 2: all no one was ever charge, et cetera, et cetera.

1831
01:26:11,960 --> 01:26:13,719
Speaker 2: But that was back in a time when if anyone

1832
01:26:13,840 --> 01:26:15,639
Speaker 2: said anything then you were canceled.

1833
01:26:15,680 --> 01:26:19,360
Speaker 9: So you know, he's a mate of Larry Allison, La

1834
01:26:19,520 --> 01:26:24,320
Speaker 9: Larry Allison's Larry's back back, and Trump likes action movies

1835
01:26:24,520 --> 01:26:28,040
Speaker 9: and car chases and explosions and you do the.

1836
01:26:28,080 --> 01:26:30,000
Speaker 2: Math, and he likes peace in our time as well.

1837
01:26:30,040 --> 01:26:33,519
Speaker 2: I'm told, was that just Steve Woodcock talking to Putin?

1838
01:26:33,600 --> 01:26:35,679
Speaker 2: I can't remember. Five minutes away from nine.

1839
01:26:35,840 --> 01:26:39,720
Speaker 1: Trending now with Kemna Twells Black Friday.

1840
01:26:39,520 --> 01:26:42,799
Speaker 2: Sale now right, O'shawn Duffy is the man who's cleaning

1841
01:26:42,880 --> 01:26:45,080
Speaker 2: up America's act when it comes to flying. He's said

1842
01:26:45,120 --> 01:26:47,240
Speaker 2: that everything would be better if people stop wearing beer

1843
01:26:47,320 --> 01:26:49,320
Speaker 2: pajamas on flights, and of course he's right. He can't

1844
01:26:49,360 --> 01:26:52,000
Speaker 2: argue with that. He's released a video talking to an

1845
01:26:52,040 --> 01:26:53,080
Speaker 2: ear hostess.

1846
01:26:52,840 --> 01:26:54,960
Speaker 14: So let's talk about civilities and what can we do

1847
01:26:55,080 --> 01:26:58,040
Speaker 14: to make the fate experience.

1848
01:26:57,760 --> 01:26:59,679
Speaker 2: A little more several, a little better, a little happy.

1849
01:27:00,080 --> 01:27:04,080
Speaker 15: We love when people walk on board and say hello, please,

1850
01:27:04,160 --> 01:27:07,599
Speaker 15: and thank yous during the surface, you know, especially during boarding.

1851
01:27:07,840 --> 01:27:10,840
Speaker 15: To hear thank you when it's the hardest part of

1852
01:27:10,920 --> 01:27:13,840
Speaker 15: my day coordinating all of the ground activities and walcom

1853
01:27:13,920 --> 01:27:16,120
Speaker 15: me people on board immediately goes a long way.

1854
01:27:16,400 --> 01:27:19,840
Speaker 2: Yeah, that's nice. As people are traveling for Thanksgiving at

1855
01:27:19,880 --> 01:27:22,719
Speaker 2: the moment in record numbers, so what are they thinking

1856
01:27:22,800 --> 01:27:26,360
Speaker 2: about all of this? And are they wearing any pajamas, crocs,

1857
01:27:26,760 --> 01:27:31,120
Speaker 2: comfy socks, flaggings, a hoodie and if my hair depending

1858
01:27:31,120 --> 01:27:33,360
Speaker 2: on how my hair is looking a body.

1859
01:27:33,240 --> 01:27:35,760
Speaker 15: At least a nice top keep warm because it gets

1860
01:27:35,800 --> 01:27:37,600
Speaker 15: a little cold on the plane, and then it's the

1861
01:27:37,680 --> 01:27:39,520
Speaker 15: comfortable pants, but never pajamas.

1862
01:27:39,640 --> 01:27:41,520
Speaker 7: Don't make our trip political.

1863
01:27:42,000 --> 01:27:45,120
Speaker 15: Have people enjoy theirselves and get on a flight and

1864
01:27:45,320 --> 01:27:47,720
Speaker 15: enjoy themself to give with their family on Thanksgiving.

1865
01:27:47,840 --> 01:27:50,679
Speaker 7: I don't really mind it. If other people aren't super dressy,

1866
01:27:50,960 --> 01:27:51,680
Speaker 7: that's okay with me.

1867
01:27:51,800 --> 01:27:54,320
Speaker 2: I'm not super worried about it. A lot of people

1868
01:27:54,439 --> 01:27:56,679
Speaker 2: drunk on planes these days. Is reading the article about

1869
01:27:56,680 --> 01:27:58,439
Speaker 2: it the other day, another article. I know I told

1870
01:27:58,479 --> 01:28:00,400
Speaker 2: the story the other day, but I've written other article

1871
01:28:00,400 --> 01:28:02,639
Speaker 2: about the story I told the other day. And there's

1872
01:28:02,720 --> 01:28:04,960
Speaker 2: just an increasing number of drunk people on planes that

1873
01:28:05,120 --> 01:28:07,920
Speaker 2: just cause trouble. And it's not about clothing and pants

1874
01:28:07,960 --> 01:28:10,840
Speaker 2: and what you're wearing. It's just about can we.

1875
01:28:10,880 --> 01:28:12,480
Speaker 9: Have two different kinds of flights.

1876
01:28:13,680 --> 01:28:17,920
Speaker 2: Different show sp What an excellent idea, just we class

1877
01:28:18,160 --> 01:28:21,080
Speaker 2: and uncivil class yep, you can like if you're if

1878
01:28:21,120 --> 01:28:24,120
Speaker 2: you're a bit pissed and you're in some crocs, that

1879
01:28:24,320 --> 01:28:26,280
Speaker 2: you flight over there. If you want to be normal,

1880
01:28:26,720 --> 01:28:29,840
Speaker 2: that you flied over there. Back tomorrow, Happy Days.

1881
01:28:31,680 --> 01:28:34,560
Speaker 1: For more from the Mic Asking Breakfast, listen live to

1882
01:28:34,720 --> 01:28:37,759
Speaker 1: news talks. It'd be from six am weekdays, or follow

1883
01:28:37,800 --> 01:28:39,320
Speaker 1: the podcast on iHeartRadio.