1 00:00:00,440 --> 00:00:03,680 Speaker 1: The breakfast show. You can try us the mic Hosking 2 00:00:03,720 --> 00:00:07,760 Speaker 1: Breakfast with the range Rover Villa designed to intrigue and 3 00:00:07,960 --> 00:00:08,600 Speaker 1: use Tod's. 4 00:00:08,400 --> 00:00:10,720 Speaker 2: Head, be willing and welcome today, the apology for growing 5 00:00:10,800 --> 00:00:13,200 Speaker 2: angst around what is next to what it looked like 6 00:00:13,360 --> 00:00:16,360 Speaker 2: and doesn't solve anything. Good times for Fontira and as 7 00:00:16,440 --> 00:00:18,080 Speaker 2: they bump the milk priss of course and give more 8 00:00:18,120 --> 00:00:20,440 Speaker 2: detail on the consumer and business sale. The bloke who 9 00:00:20,480 --> 00:00:23,120 Speaker 2: invented Syrians in for a word after right Catherine Fields 10 00:00:23,160 --> 00:00:25,160 Speaker 2: and France. Rod Liddle drops in from the UK for 11 00:00:25,320 --> 00:00:28,720 Speaker 2: us as well, asking right, oh seven past six, Welcome 12 00:00:28,800 --> 00:00:32,600 Speaker 2: to the day. Sam our producer is back with us today. 13 00:00:32,680 --> 00:00:34,720 Speaker 2: He left early yesterday while the show was still on 14 00:00:35,600 --> 00:00:39,240 Speaker 2: to go to jury duty. He got selected but was 15 00:00:39,320 --> 00:00:42,000 Speaker 2: excused by the judge. God blessed the judge. There was 16 00:00:42,040 --> 00:00:44,120 Speaker 2: a bit of setting around, mucking round rules things to 17 00:00:44,159 --> 00:00:47,320 Speaker 2: follow in our text exchange. A waste of time was 18 00:00:47,360 --> 00:00:50,360 Speaker 2: a phrase used. Jury duty falls. I think into this 19 00:00:50,440 --> 00:00:53,440 Speaker 2: tricky area sibyl or civic service or community service. It's 20 00:00:53,440 --> 00:00:55,640 Speaker 2: one of those things that perhaps in a different time 21 00:00:55,720 --> 00:00:58,080 Speaker 2: we might have taken a different approach to. I've always 22 00:00:58,080 --> 00:01:00,200 Speaker 2: been fairly open about jury service. I don't like. I 23 00:01:00,200 --> 00:01:01,520 Speaker 2: don't want to do it. I've never done it. I 24 00:01:01,600 --> 00:01:03,800 Speaker 2: suspect I never will. That's not to say I don't 25 00:01:03,840 --> 00:01:06,839 Speaker 2: thank those who do, but on a quid pro quo basis, 26 00:01:06,880 --> 00:01:08,760 Speaker 2: there are several aspects of it that are really not 27 00:01:08,880 --> 00:01:11,160 Speaker 2: worth the input. The whole idea of a jury of 28 00:01:11,319 --> 00:01:15,280 Speaker 2: your peers is, of course nonsense. Your peers. What does 29 00:01:15,319 --> 00:01:18,080 Speaker 2: that mean? The vast majority of people charged in court 30 00:01:18,400 --> 00:01:20,560 Speaker 2: are law breakers. I mean, of course they're innocent, all 31 00:01:20,560 --> 00:01:23,120 Speaker 2: proven guilty, but mostly they do in fact end up guilty. 32 00:01:23,200 --> 00:01:25,480 Speaker 2: So are they my peers? I would not have thought. 33 00:01:25,520 --> 00:01:27,600 Speaker 2: So we must accept in this day and age that 34 00:01:27,760 --> 00:01:30,800 Speaker 2: time is critical. The business Sam was up for was 35 00:01:31,000 --> 00:01:35,040 Speaker 2: set aside for three weeks. He doesn't have three weeks. 36 00:01:35,360 --> 00:01:37,840 Speaker 2: He does an important job executive producing the biggest radio 37 00:01:37,880 --> 00:01:40,919 Speaker 2: show in the country. Put that task up against a trial, 38 00:01:41,000 --> 00:01:43,600 Speaker 2: I'd argue, we win, or should win. You've got the 39 00:01:43,680 --> 00:01:46,360 Speaker 2: issue of compensation. If you're self employed, it's a nightmare 40 00:01:46,720 --> 00:01:48,720 Speaker 2: time and money are lost, and badly so it's your 41 00:01:48,800 --> 00:01:52,080 Speaker 2: livelihood versus a crook or alleged crook. It's supposed to 42 00:01:52,120 --> 00:01:54,720 Speaker 2: appeal to our higher selves, but I argue those days 43 00:01:54,800 --> 00:01:57,960 Speaker 2: long gone solution. I've got one more judge trials or 44 00:01:58,040 --> 00:02:00,800 Speaker 2: a pull. So people willing and able to take on 45 00:02:00,880 --> 00:02:03,520 Speaker 2: the task required can because time isn't an issue for 46 00:02:03,640 --> 00:02:05,960 Speaker 2: them and they've got a desire to be available. As 47 00:02:06,000 --> 00:02:09,040 Speaker 2: it stands, it's a crapshoot, a random pick and mix 48 00:02:09,200 --> 00:02:13,239 Speaker 2: of the brilliant to bewildered, busy to gormless, or masquerading 49 00:02:13,520 --> 00:02:15,639 Speaker 2: as your peers. It's never really made any sense and 50 00:02:15,720 --> 00:02:18,040 Speaker 2: certainly wouldn't have if I was sitting here this morning 51 00:02:18,080 --> 00:02:18,760 Speaker 2: with no producer. 52 00:02:20,680 --> 00:02:23,160 Speaker 1: News of the World in ninety six, Right. 53 00:02:23,160 --> 00:02:26,640 Speaker 2: Buckle up, Trump's into it. Tom Homan is your new borders. 54 00:02:27,000 --> 00:02:31,040 Speaker 3: Tom Holman has a grasp on the operational side of 55 00:02:31,160 --> 00:02:35,520 Speaker 3: anything like mass deportation. He has been at the helm 56 00:02:35,680 --> 00:02:38,160 Speaker 3: of it before. He understands the ins and out. 57 00:02:38,880 --> 00:02:42,160 Speaker 2: At least. Dephenic is your new UN ambassador. 58 00:02:42,320 --> 00:02:46,000 Speaker 4: She has Donald Trump's air, and when she's speaking to 59 00:02:46,160 --> 00:02:49,600 Speaker 4: world leaders, they know that she's speaking on behalf of 60 00:02:49,639 --> 00:02:50,160 Speaker 4: Donald Trump. 61 00:02:50,280 --> 00:02:52,600 Speaker 2: As regards the war, Macron and Starma have been having 62 00:02:52,600 --> 00:02:55,480 Speaker 2: a chinwag about that. Remarkably, they seem upbeat about Trump. 63 00:02:55,720 --> 00:02:59,920 Speaker 5: Countries get security through strength, just as alliances like NA 64 00:03:00,080 --> 00:03:05,079 Speaker 5: to do, and I expect the US to remain alongside 65 00:03:05,320 --> 00:03:08,320 Speaker 5: allies like the UK, standing with Ukraine for as long 66 00:03:08,360 --> 00:03:08,919 Speaker 5: as it takes. 67 00:03:09,680 --> 00:03:11,440 Speaker 2: They've opened Cop twenty nine. 68 00:03:11,680 --> 00:03:15,040 Speaker 6: It's not enough to just agree on a goal. 69 00:03:16,120 --> 00:03:19,680 Speaker 1: We must work harder to reform the global financial system, 70 00:03:20,720 --> 00:03:24,600 Speaker 1: giving countries the fiscal space they so desperately need. 71 00:03:24,880 --> 00:03:27,160 Speaker 2: Armistter stay in the UK with the Duchess of Edinburgh 72 00:03:27,240 --> 00:03:29,440 Speaker 2: representing the king, is it no more. 73 00:03:30,000 --> 00:03:35,320 Speaker 7: At familiar tables of home? They have no lot in 74 00:03:35,440 --> 00:03:41,440 Speaker 7: our labor of the daytime. They sleep beyond England's foam. 75 00:03:41,960 --> 00:03:44,720 Speaker 2: And gimme Bednock, who has her cool new job, was 76 00:03:44,800 --> 00:03:47,040 Speaker 2: reminded today of her old job, which was being in 77 00:03:47,120 --> 00:03:48,960 Speaker 2: charge of the post office as she front of the 78 00:03:49,000 --> 00:03:49,880 Speaker 2: ongoing inquiry. 79 00:03:50,000 --> 00:03:53,160 Speaker 8: We shouldn't be afraid to challenge ourselves. We shouldn't be 80 00:03:53,160 --> 00:03:55,640 Speaker 8: afraid to challenge the system. We shouldn't be able to 81 00:03:56,040 --> 00:03:59,000 Speaker 8: be afraid to challenge government, and we shouldn't be afraid 82 00:03:59,000 --> 00:04:01,560 Speaker 8: to challenge the law if we think the law is 83 00:04:01,680 --> 00:04:02,920 Speaker 8: not delivering for the people. 84 00:04:03,160 --> 00:04:06,120 Speaker 2: Finally, an alien like signal from last year's being deciphered. 85 00:04:06,200 --> 00:04:08,240 Speaker 2: So back in May we had a European Space Agency 86 00:04:08,280 --> 00:04:11,080 Speaker 2: aircraft orbiting Mars picking up a signal they described as 87 00:04:11,120 --> 00:04:14,480 Speaker 2: being an alien like message. Because it was so confusing, 88 00:04:14,560 --> 00:04:17,000 Speaker 2: they released it too well all of us around the world, 89 00:04:17,040 --> 00:04:18,560 Speaker 2: and we were supposed to do something with it. What 90 00:04:18,640 --> 00:04:21,560 Speaker 2: they got back was from a father daughter science duo 91 00:04:22,600 --> 00:04:24,840 Speaker 2: and they'd done a lot of well thousands of hours 92 00:04:24,880 --> 00:04:29,799 Speaker 2: of experiments. They sound fun. It's a bunch of white 93 00:04:29,880 --> 00:04:33,880 Speaker 2: pixels on a black background that they surmised to be 94 00:04:33,960 --> 00:04:37,320 Speaker 2: amino assets representing the building blocks of life. Currently no 95 00:04:37,400 --> 00:04:40,000 Speaker 2: way of telling what that actually means. News of the 96 00:04:40,040 --> 00:04:43,480 Speaker 2: world and out world must be in ninety seconds. Japan's 97 00:04:43,520 --> 00:04:45,440 Speaker 2: got themselves sorted for now. It's going to be interesting 98 00:04:45,480 --> 00:04:47,800 Speaker 2: to see how long it lasts. As Sheba, who's now 99 00:04:47,880 --> 00:04:49,960 Speaker 2: running a minority government. He's the guy who turned up 100 00:04:50,040 --> 00:04:51,960 Speaker 2: relatively recently, and the first thing he did was call 101 00:04:52,040 --> 00:04:55,279 Speaker 2: a snap election, which badly wrong for his party, the LDP. 102 00:04:55,880 --> 00:04:57,920 Speaker 2: They had a vote yesterday. It was up against a 103 00:04:57,960 --> 00:05:00,640 Speaker 2: guy called Noda, so a Sheba beat. Notice that he 104 00:05:00,720 --> 00:05:03,360 Speaker 2: remains the Prime Minister in charge of a minority government. 105 00:05:03,400 --> 00:05:05,280 Speaker 2: Fingers crossed twelve past six. 106 00:05:08,160 --> 00:05:12,800 Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio poll 107 00:05:12,880 --> 00:05:14,039 Speaker 1: it by News Talk Zippy. 108 00:05:15,240 --> 00:05:18,000 Speaker 2: He is boden at Arlington on Veteran's Day. 109 00:05:18,320 --> 00:05:21,000 Speaker 9: But we're the only nation, the only in the world 110 00:05:21,760 --> 00:05:25,560 Speaker 9: got on an idea, and that idea is we're all 111 00:05:25,680 --> 00:05:29,440 Speaker 9: created equal, deserved and created equal throughout our lives. 112 00:05:30,680 --> 00:05:32,680 Speaker 10: We haven't lived up to it ever your time or. 113 00:05:32,680 --> 00:05:36,119 Speaker 11: We've never walked away from it, even when it's hard, 114 00:05:37,120 --> 00:05:42,120 Speaker 11: especially when it's hard, and today standing together honor those 115 00:05:42,160 --> 00:05:44,240 Speaker 11: Americans have dared all, risked all and. 116 00:05:44,320 --> 00:05:45,279 Speaker 9: Given all to our nation. 117 00:05:46,080 --> 00:05:49,760 Speaker 4: I must say clearly we never will give up. 118 00:05:52,640 --> 00:05:55,360 Speaker 2: So it's fifteen from my wealth, Jami Wealth. I sent 119 00:05:55,480 --> 00:06:01,000 Speaker 2: like Bardaney Promondon Andrew kellahoogand morning very good. Are these 120 00:06:01,440 --> 00:06:04,240 Speaker 2: are these golden times at Fonterra. Is this a purple 121 00:06:04,279 --> 00:06:05,479 Speaker 2: patch of purple patches? 122 00:06:06,640 --> 00:06:10,400 Speaker 6: Definitely a purple patch. Yeah, yeah, let's talk Fonterra. Yesterday 123 00:06:10,520 --> 00:06:13,640 Speaker 6: you picked up on the announcement from Terror that over 124 00:06:13,720 --> 00:06:18,240 Speaker 6: the weekend the forecast farm gate milk price payout was lifted, 125 00:06:18,279 --> 00:06:20,640 Speaker 6: so the target range was lifted and narrowed, so it's 126 00:06:20,680 --> 00:06:23,120 Speaker 6: now sitting between nine and ten. But so midpoint nine 127 00:06:23,160 --> 00:06:27,479 Speaker 6: dollars fifty your factor in the projected distributional dividend from 128 00:06:27,680 --> 00:06:30,960 Speaker 6: from terror to farmers and you get the largest ever payout. 129 00:06:31,040 --> 00:06:33,839 Speaker 6: So good for the dairy sector, Mike, good for New 130 00:06:33,960 --> 00:06:37,880 Speaker 6: Zealand and a sorely needed tailwind in a struggling economy. 131 00:06:38,000 --> 00:06:41,480 Speaker 6: But that wasn't the only announcement from Fonterra yesterday. They 132 00:06:41,480 --> 00:06:44,640 Speaker 6: also updated the market on news on this recent strategic 133 00:06:44,720 --> 00:06:49,279 Speaker 6: decision to investigate options for the divestment or the sale 134 00:06:49,640 --> 00:06:52,360 Speaker 6: of their global Consumer division, which includes all the major 135 00:06:52,400 --> 00:06:55,880 Speaker 6: brands that everybody recognizes, things like Anchor and Mainland. So 136 00:06:56,279 --> 00:06:58,600 Speaker 6: that they told us that on the thirtieth of September. 137 00:06:59,200 --> 00:07:03,480 Speaker 6: Now yesterday they confirmed that divestment will go ahead. Now 138 00:07:03,560 --> 00:07:05,760 Speaker 6: where we all in my will get a little excited 139 00:07:05,839 --> 00:07:08,159 Speaker 6: micas they talk of a trade sale or an IPO. 140 00:07:08,360 --> 00:07:11,640 Speaker 6: Now an IPO being an initial public offering, which means 141 00:07:11,720 --> 00:07:14,760 Speaker 6: it becomes a company listed on an exchange. No word 142 00:07:14,800 --> 00:07:17,520 Speaker 6: as to which share market would be contemplated. If we 143 00:07:17,680 --> 00:07:19,840 Speaker 6: assume the ins and X though, that will be the 144 00:07:19,920 --> 00:07:22,160 Speaker 6: best news we've seen for the inside X for quite 145 00:07:22,440 --> 00:07:25,239 Speaker 6: some time. So and if you think about the value 146 00:07:25,280 --> 00:07:27,560 Speaker 6: of this, I mean, valuations have been discussed. Yeah, what 147 00:07:27,640 --> 00:07:29,840 Speaker 6: are we talking about? I think they've had evaluation in 148 00:07:29,960 --> 00:07:32,120 Speaker 6: excess of three billion dollars. If you put a three 149 00:07:32,200 --> 00:07:34,360 Speaker 6: billion dollar company on the onto the ins and X, 150 00:07:34,440 --> 00:07:37,400 Speaker 6: you've got a big company in the context of the 151 00:07:37,480 --> 00:07:39,360 Speaker 6: INS and X. So we all get very excited about that. 152 00:07:40,120 --> 00:07:45,200 Speaker 6: They've commenced the process, they've appointed investment investment bankers, and 153 00:07:45,320 --> 00:07:47,880 Speaker 6: not only that, but a successful sale would see capital 154 00:07:47,920 --> 00:07:50,560 Speaker 6: potentially return to shareholders, So that'd be a nice little 155 00:07:50,600 --> 00:07:52,920 Speaker 6: windfall for farmers as well. And if I look at 156 00:07:52,920 --> 00:07:55,560 Speaker 6: the Fonterra shareholder units, the ones that trade on the 157 00:07:55,600 --> 00:07:58,560 Speaker 6: ins ande X currently, they yesterday moved up to five 158 00:07:58,600 --> 00:08:01,960 Speaker 6: dollars ten. That's up over two percent. More importantly, though, 159 00:08:01,960 --> 00:08:04,920 Speaker 6: it's back to highs that we haven't seen since twenty 160 00:08:05,200 --> 00:08:08,240 Speaker 6: twenty one. It hasn't really spent any time around those 161 00:08:08,280 --> 00:08:11,200 Speaker 6: levels since twenty eighteen. So in answer to your question, yes, 162 00:08:11,680 --> 00:08:15,680 Speaker 6: a purple patch for fon Terror. The sort of change 163 00:08:15,720 --> 00:08:18,040 Speaker 6: strategy and the narrative sort of I supposed to simplified 164 00:08:18,080 --> 00:08:20,760 Speaker 6: strategy working very well for them, and we all benefit 165 00:08:20,840 --> 00:08:21,360 Speaker 6: from that. Mic. 166 00:08:21,600 --> 00:08:23,520 Speaker 2: This is the truth. When they do well, we all 167 00:08:23,600 --> 00:08:26,200 Speaker 2: do well. Quarterly RECT survey, what's the vibe ahead of 168 00:08:26,240 --> 00:08:27,920 Speaker 2: the big announcement from the RB. 169 00:08:28,640 --> 00:08:32,760 Speaker 6: Yeah for monetary for monetary policy officionados out there the 170 00:08:32,840 --> 00:08:35,640 Speaker 6: key point and in the local monetary policy CAUNT obviously, 171 00:08:36,000 --> 00:08:38,959 Speaker 6: twenty seventh of November last chance for the Abianz to 172 00:08:39,000 --> 00:08:41,800 Speaker 6: reset the official cash rate this year before a lengthy 173 00:08:42,000 --> 00:08:44,800 Speaker 6: hiatus until February. Now the market of the ibien Z 174 00:08:44,960 --> 00:08:48,240 Speaker 6: do seem aligned that the process of normalizing interest rates 175 00:08:48,280 --> 00:08:51,400 Speaker 6: will continue. It's just a debate of how much. Arguments 176 00:08:51,520 --> 00:08:54,319 Speaker 6: for greater than fifty basis point cut do really revolve 177 00:08:54,360 --> 00:08:57,520 Speaker 6: around the level of urgency that's needed to get the 178 00:08:57,600 --> 00:08:59,640 Speaker 6: OCI to that neutral rate, which we say is in 179 00:08:59,679 --> 00:09:02,079 Speaker 6: the mid threes. Four seventy five were a heck of 180 00:09:02,120 --> 00:09:04,199 Speaker 6: long way from there, aren't we So key stuff that 181 00:09:04,280 --> 00:09:06,520 Speaker 6: goes into the mike. We had to get those labor 182 00:09:06,559 --> 00:09:10,880 Speaker 6: market numbers, the unemployment rising a little slower than had 183 00:09:10,920 --> 00:09:14,000 Speaker 6: been forecasts. What we do know is that a key 184 00:09:14,080 --> 00:09:18,240 Speaker 6: input into this decision is inflation expectations. It's a very 185 00:09:18,280 --> 00:09:22,160 Speaker 6: important aspect of their forecasting. They need to see inflation 186 00:09:22,320 --> 00:09:25,840 Speaker 6: expectations where you and I think inflation will be. They 187 00:09:25,960 --> 00:09:29,440 Speaker 6: need to see those anchored around the target midpoint. Now, 188 00:09:29,600 --> 00:09:34,160 Speaker 6: historically they focused on two year inflation expectations. They survey 189 00:09:34,240 --> 00:09:37,600 Speaker 6: the market on this. The latest survey was released yesterday. 190 00:09:38,040 --> 00:09:41,960 Speaker 6: Two year ahead inflation expectations. They increase marginally, they went 191 00:09:42,000 --> 00:09:44,079 Speaker 6: from two point oh three to two point one two. 192 00:09:44,559 --> 00:09:47,520 Speaker 6: But I still think you can describe that as well 193 00:09:47,760 --> 00:09:50,680 Speaker 6: anchored around two percent. I mean, the one year ahead 194 00:09:50,720 --> 00:09:54,760 Speaker 6: expectations fell from two point four to two point h five. 195 00:09:54,880 --> 00:09:57,719 Speaker 6: That reflects the recent with lower and inflation. Some of 196 00:09:57,760 --> 00:10:00,880 Speaker 6: the longer dated stuff, the five year TENU they did rise, 197 00:10:01,520 --> 00:10:03,120 Speaker 6: but the RB has got less focus on those, so 198 00:10:03,280 --> 00:10:06,040 Speaker 6: they are very well anchored there. They ask a couple 199 00:10:06,040 --> 00:10:08,679 Speaker 6: of other questions Mike, They ask where's the OCR expected 200 00:10:08,760 --> 00:10:11,839 Speaker 6: to be? The response they got was four point two 201 00:10:11,960 --> 00:10:13,920 Speaker 6: by the end of the year. That's consistent with a 202 00:10:14,000 --> 00:10:16,439 Speaker 6: fifty basis point move. They said, where do you think 203 00:10:16,440 --> 00:10:19,679 Speaker 6: the OCO will be in September next year? The response 204 00:10:19,840 --> 00:10:22,920 Speaker 6: was three point three to three, So expectations that they 205 00:10:23,000 --> 00:10:24,839 Speaker 6: will get it down to that, to that sort of 206 00:10:24,920 --> 00:10:28,559 Speaker 6: neutral rate. There is nothing in those numbers released yesterday 207 00:10:28,640 --> 00:10:32,679 Speaker 6: might to stop the continuation of the OCR reduction, just 208 00:10:32,760 --> 00:10:35,079 Speaker 6: a function of how far and how fast, So that 209 00:10:35,280 --> 00:10:37,400 Speaker 6: is good use for that OCR to get. 210 00:10:37,280 --> 00:10:38,840 Speaker 2: Lower numbers please. 211 00:10:39,240 --> 00:10:43,240 Speaker 6: So the Trump bump continues. The dal jones up three 212 00:10:43,360 --> 00:10:45,800 Speaker 6: hundred and fifty points as I look at it, forty 213 00:10:45,840 --> 00:10:48,560 Speaker 6: four three hundred and thirty eight. That's up about point 214 00:10:48,640 --> 00:10:51,040 Speaker 6: eight percent. The S and P five hundred up a 215 00:10:51,120 --> 00:10:54,679 Speaker 6: quarter of percent over the six thousand marks six ten 216 00:10:54,720 --> 00:10:57,200 Speaker 6: as I look at it. The nasdak just down very 217 00:10:57,320 --> 00:11:00,520 Speaker 6: slightly point one of a percent currently at nine teen thousand, 218 00:11:00,559 --> 00:11:03,320 Speaker 6: two hundred and sixty one. The fortzy one hundred also 219 00:11:03,440 --> 00:11:06,600 Speaker 6: gained overnight uper point five nine percent eight one two oh. 220 00:11:07,200 --> 00:11:09,760 Speaker 6: The nick a small right, very very small left thirty 221 00:11:09,840 --> 00:11:12,800 Speaker 6: nine thousand, five hundred and thirty three half percent left 222 00:11:12,880 --> 00:11:16,640 Speaker 6: in the Shangho COM'ST three four seven O. There, the 223 00:11:16,679 --> 00:11:20,560 Speaker 6: aussi's ESDA lost point three five percent eight to sixty six. 224 00:11:20,960 --> 00:11:24,520 Speaker 6: The insects fifty we lost eighty four points two thirds 225 00:11:24,600 --> 00:11:27,760 Speaker 6: of percent. The insects fifty at twelve thousand, six hundred 226 00:11:27,760 --> 00:11:30,360 Speaker 6: and eighty six Kimi dollar point five nine six one 227 00:11:30,400 --> 00:11:33,000 Speaker 6: against the US point nineer six nine, Ossi point five 228 00:11:33,120 --> 00:11:35,800 Speaker 6: five nine four Euro point four six three Ozho pounds 229 00:11:36,120 --> 00:11:38,720 Speaker 6: ninety one point six eight. Japanese end gold is falling 230 00:11:39,040 --> 00:11:43,320 Speaker 6: two thousand six hundred and sixteen dollars, as is Brent Crude, 231 00:11:43,360 --> 00:11:46,000 Speaker 6: Mike seventy one dollars and seventy eight cents. 232 00:11:46,160 --> 00:11:49,760 Speaker 2: Well, I may see tomorrow. Andrew Kellaheer JMI Wealth dot Co. 233 00:11:49,960 --> 00:11:54,440 Speaker 2: Dosking Bonhams have currently got Elvis's car, nineteen seventy seven 234 00:11:54,520 --> 00:11:58,280 Speaker 2: Cadillacs Ofville silver over maroon. It's not as bad as 235 00:11:58,320 --> 00:12:01,680 Speaker 2: it sounds. It actually looks quite good. Bidding's open now. 236 00:12:02,280 --> 00:12:06,920 Speaker 2: It's the last car he ever owned. It's difficult to 237 00:12:06,920 --> 00:12:09,240 Speaker 2: say what it'll go for, but it's not maybe twenty 238 00:12:09,280 --> 00:12:13,040 Speaker 2: five to fifty thousand dollars. The Yellow Wiggle once owned it. 239 00:12:14,400 --> 00:12:15,960 Speaker 4: Well, you're going to have to be more specific. There's 240 00:12:15,960 --> 00:12:16,880 Speaker 4: been a lot of Yellow Wiggles. 241 00:12:16,960 --> 00:12:21,160 Speaker 2: Nere the original Yellow Wiggle, Greg the original proper yellow Wiggle, 242 00:12:21,400 --> 00:12:25,199 Speaker 2: the only Yellow Wiggle Gleam daily. It's Hi, he say, 243 00:12:25,320 --> 00:12:28,800 Speaker 2: ninety one, seven hundred and twenty nine. K's probably a well, 244 00:12:28,960 --> 00:12:31,520 Speaker 2: you know, fends be got at service six twenty two. 245 00:12:37,160 --> 00:12:41,600 Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered 246 00:12:41,679 --> 00:12:42,400 Speaker 1: by News Talks. 247 00:12:42,400 --> 00:12:46,080 Speaker 2: It'd be Mike, It'll be in miles, not Ks Russell. 248 00:12:46,160 --> 00:12:48,480 Speaker 2: You are correct, but I converted them, because that's the 249 00:12:48,600 --> 00:12:51,360 Speaker 2: sort of guy I am. Mike him self employed. If 250 00:12:51,400 --> 00:12:53,720 Speaker 2: I'd gotten out of jury duty last month, I would 251 00:12:53,760 --> 00:12:56,679 Speaker 2: have been down to k per week and not had 252 00:12:56,760 --> 00:12:58,920 Speaker 2: money to pay my mortgage, let alone my bills. Here, 253 00:12:58,920 --> 00:13:00,560 Speaker 2: there's something wrong with the system, mind you. That's an 254 00:13:00,600 --> 00:13:03,640 Speaker 2: age old dilemma, isn't it? Six twenty five trending? 255 00:13:03,960 --> 00:13:07,680 Speaker 1: Now? Warehouse your home for Christmas shopping? 256 00:13:07,880 --> 00:13:08,040 Speaker 7: Oh? 257 00:13:08,080 --> 00:13:11,160 Speaker 2: The old hot mic trap's got another one. John Wertheim, 258 00:13:11,440 --> 00:13:13,800 Speaker 2: he works with a tennis channel. Well, he did. Was 259 00:13:13,880 --> 00:13:16,599 Speaker 2: preparing for a segment ahead of the WTA finals in 260 00:13:16,760 --> 00:13:19,280 Speaker 2: Saudi Arabia doing a practice rehearsal when he was told 261 00:13:19,280 --> 00:13:20,959 Speaker 2: to frame up a zoom better to make sure his 262 00:13:21,040 --> 00:13:23,000 Speaker 2: head wasn't at a weird angle, Which is when he 263 00:13:23,160 --> 00:13:26,000 Speaker 2: entered the world of inphamy by mentioning world number ten 264 00:13:26,040 --> 00:13:30,120 Speaker 2: and this year is Wimbledon champion Barbara Kretchikova. 265 00:13:35,040 --> 00:13:37,800 Speaker 4: Do you think I am arbora Krijikova? 266 00:13:38,360 --> 00:13:41,840 Speaker 12: Look at look at the forehead when Jikova and Jong 267 00:13:42,280 --> 00:13:43,239 Speaker 12: take the corner. 268 00:13:48,240 --> 00:13:50,640 Speaker 2: Right, So that went viral, of course, wasn't supposed to. 269 00:13:50,800 --> 00:13:54,640 Speaker 2: He's calling a whatever, he's calling a kryture. Cover anyway, 270 00:13:54,800 --> 00:13:57,480 Speaker 2: the apology. I made some deeply regrettable comments off here. 271 00:13:57,600 --> 00:14:01,319 Speaker 2: I agnal there on he I acknowledge them, I apologize 272 00:14:01,360 --> 00:14:03,319 Speaker 2: for them. I realize I'm not the victim here. It 273 00:14:03,480 --> 00:14:06,160 Speaker 2: was neither professional, nor charitable, nor reflective of the person 274 00:14:06,200 --> 00:14:08,199 Speaker 2: I strive to be. I am accountable. I own this. 275 00:14:08,440 --> 00:14:13,240 Speaker 2: I am sorry. Barbara heard about that. She said she 276 00:14:13,400 --> 00:14:15,800 Speaker 2: was disappointed that, as a top athlete, her appearance was 277 00:14:15,840 --> 00:14:17,960 Speaker 2: the thing being talked about. The fallout is that John's 278 00:14:18,000 --> 00:14:20,840 Speaker 2: now at home, most likely never to be heard from again. 279 00:14:21,440 --> 00:14:24,160 Speaker 2: Not to underestimate what is going on in this country 280 00:14:24,240 --> 00:14:27,520 Speaker 2: with on Tira, and we are relishing some good news here, 281 00:14:27,680 --> 00:14:30,920 Speaker 2: as Andrew just outlined. So the big thing here is 282 00:14:31,080 --> 00:14:34,080 Speaker 2: IPO or trade sale on their consumers personally for what 283 00:14:34,160 --> 00:14:36,280 Speaker 2: it's worth, and it's probably not worth much, because what 284 00:14:36,320 --> 00:14:37,680 Speaker 2: the hell do I know. I think they're making a 285 00:14:37,760 --> 00:14:40,280 Speaker 2: mistake selling this stuff, some of this stuff at the 286 00:14:40,280 --> 00:14:42,480 Speaker 2: commercial end of the spectrum. I know why they're doing it, 287 00:14:42,520 --> 00:14:44,640 Speaker 2: and they want to focus on making powder and milk. 288 00:14:44,680 --> 00:14:46,680 Speaker 2: I get all of that. But the commercial side of 289 00:14:46,720 --> 00:14:50,560 Speaker 2: their equation at Ponterra is actually very successful. Hence it's 290 00:14:50,600 --> 00:14:52,680 Speaker 2: worth a lot of money, hence you might want to 291 00:14:52,720 --> 00:14:54,520 Speaker 2: get in bold. So what are the farmers making of 292 00:14:54,600 --> 00:14:56,080 Speaker 2: all of this? We'll have a look of this after 293 00:14:56,160 --> 00:14:58,240 Speaker 2: the news, which is next to your reviews, talk zed b. 294 00:15:00,800 --> 00:15:06,240 Speaker 1: Big Us, Bold Opinions, the Mic Hosking Breakfast with Bailey's 295 00:15:06,280 --> 00:15:10,320 Speaker 1: real Estate, your local experts across residential, commercial and rural 296 00:15:10,440 --> 00:15:11,640 Speaker 1: news togsda'd. 297 00:15:11,200 --> 00:15:13,640 Speaker 2: Be getting quite a bit of this, Mike Reluxeon today. One, 298 00:15:13,720 --> 00:15:15,840 Speaker 2: he claims the principle's builders to visit, yet the current 299 00:15:15,880 --> 00:15:19,440 Speaker 2: situations also to visib two. Can Luxeon elucidate what the 300 00:15:19,480 --> 00:15:22,080 Speaker 2: current principles are as it seems they are what suits 301 00:15:22,200 --> 00:15:25,440 Speaker 2: the current situation and are fluid. Maybe Luxon could elaborate 302 00:15:25,520 --> 00:15:27,200 Speaker 2: on these. It's not a bad point. You and I 303 00:15:27,320 --> 00:15:28,840 Speaker 2: seem to be on the same page there, and he's 304 00:15:28,880 --> 00:15:31,520 Speaker 2: getting angsty about it, which is the interesting thing. Why 305 00:15:31,600 --> 00:15:34,800 Speaker 2: did he let it get to where it has given? 306 00:15:34,880 --> 00:15:37,320 Speaker 2: He doesn't like it? Mike, Why can't anyone over sixty 307 00:15:37,360 --> 00:15:40,200 Speaker 2: five do jury duty? I'm sixty seven, still working as 308 00:15:40,200 --> 00:15:42,960 Speaker 2: a casual teacher, yet I'm denied jury duty. No, you're not, Elizabeth. 309 00:15:42,960 --> 00:15:45,560 Speaker 2: You're wrong. You're completely and utterly wrong, and you can 310 00:15:45,680 --> 00:15:48,080 Speaker 2: excuse yourself if you so wish, one of a couple 311 00:15:48,120 --> 00:15:50,640 Speaker 2: of ways. Once you're over sixty five, you can either 312 00:15:50,640 --> 00:15:52,240 Speaker 2: say I don't want to do this particular one now, 313 00:15:52,320 --> 00:15:53,960 Speaker 2: but I will come back another day, or you can 314 00:15:54,040 --> 00:15:57,640 Speaker 2: excuse yourself permanently, but if you want to participate you can. 315 00:15:58,000 --> 00:16:01,560 Speaker 2: Twenty three to seven there were a bit of angsty 316 00:16:01,680 --> 00:16:03,800 Speaker 2: Starmer and Macron. They've had to get together over the 317 00:16:03,880 --> 00:16:06,400 Speaker 2: war and what they're going to do and Trumpton, you know, 318 00:16:06,520 --> 00:16:08,800 Speaker 2: the whole thing. So we'll talk to Catherine about that 319 00:16:08,880 --> 00:16:10,800 Speaker 2: in a couple of moments for you. A very healthy 320 00:16:10,880 --> 00:16:13,480 Speaker 2: looking days on the dairy farm. As we've been telling 321 00:16:13,600 --> 00:16:15,960 Speaker 2: over these last couple of days, Monterra bump their payout 322 00:16:16,120 --> 00:16:18,640 Speaker 2: price yet again. Yesterday we've got news of the proposed sale, 323 00:16:18,640 --> 00:16:20,880 Speaker 2: of course of the consumer businesses, and we've also got 324 00:16:20,920 --> 00:16:23,960 Speaker 2: the AGM this week Fonterra's Cooperative Council chair John Stevenson 325 00:16:24,000 --> 00:16:26,960 Speaker 2: with us. John, very good morning to Youah, good. 326 00:16:26,840 --> 00:16:27,320 Speaker 12: Morning, Mike. 327 00:16:27,600 --> 00:16:28,840 Speaker 2: Are they golden days. 328 00:16:30,440 --> 00:16:32,760 Speaker 12: At nine dollars fifty There's no doubt about it is 329 00:16:32,800 --> 00:16:36,720 Speaker 12: a really strong number historically. I think context is really 330 00:16:36,760 --> 00:16:39,480 Speaker 12: important Mike though as well. We're coming off a year 331 00:16:40,000 --> 00:16:43,880 Speaker 12: with the seven eighty three milk price. Darien Zed came 332 00:16:43,920 --> 00:16:45,880 Speaker 12: out with their break even figure of eight oh one. 333 00:16:45,960 --> 00:16:49,920 Speaker 12: So there's definitely some deferred maintenance to catch up on, 334 00:16:50,040 --> 00:16:53,160 Speaker 12: but also really important tonight that it's a long way 335 00:16:53,240 --> 00:16:56,840 Speaker 12: to go. Milk price won't be confirmed till September twenty five, 336 00:16:56,920 --> 00:16:58,320 Speaker 12: and what can happen between now and then? 337 00:16:58,480 --> 00:17:00,400 Speaker 2: That is true, it's ato one too high in terms 338 00:17:00,440 --> 00:17:01,880 Speaker 2: of debt. Are we just too indebted? 339 00:17:03,440 --> 00:17:05,600 Speaker 12: Potentially? And I think, you know, farmers would have had 340 00:17:05,640 --> 00:17:08,240 Speaker 12: a really close look at their systems. You know, some 341 00:17:08,359 --> 00:17:11,200 Speaker 12: of those costs have been been out of farmers' control, 342 00:17:11,400 --> 00:17:14,400 Speaker 12: so you know, I think that's important to bear in mind. 343 00:17:14,480 --> 00:17:16,440 Speaker 12: But that's a big part of it. And we've seen 344 00:17:16,520 --> 00:17:18,639 Speaker 12: high debts servicing costs, there's no doubt about it. 345 00:17:18,840 --> 00:17:21,760 Speaker 2: What's your read on what happened yesterday at nine point fifty? 346 00:17:21,960 --> 00:17:25,119 Speaker 2: Is it sustainable? They talked a bit about China, demand, Africa, 347 00:17:25,200 --> 00:17:27,800 Speaker 2: Southeast Asia? Is all of that ongoing? Do you think? 348 00:17:27,880 --> 00:17:28,600 Speaker 2: Or we just don't know. 349 00:17:29,840 --> 00:17:32,680 Speaker 12: We've certainly seen some positive signs on the both of 350 00:17:32,800 --> 00:17:36,119 Speaker 12: demand and the supplier front, and that you know, you 351 00:17:36,160 --> 00:17:38,119 Speaker 12: don't have to look too far back in history might 352 00:17:38,200 --> 00:17:40,880 Speaker 12: to see, things can shift pretty quickly up and down. 353 00:17:41,080 --> 00:17:44,080 Speaker 12: We export ninety five percent of our products, so you 354 00:17:44,160 --> 00:17:46,280 Speaker 12: know we are really subject to global markets and they 355 00:17:46,320 --> 00:17:47,000 Speaker 12: can move quickly. 356 00:17:47,280 --> 00:17:49,880 Speaker 2: That's true. Do we have a view on the trade sale, 357 00:17:50,240 --> 00:17:52,440 Speaker 2: not the trade sale the consumers soil, whether it's trade 358 00:17:52,520 --> 00:17:52,960 Speaker 2: or IPO. 359 00:17:55,080 --> 00:17:57,960 Speaker 12: Farmers have mentioned to us that they're there keen on 360 00:17:58,480 --> 00:18:01,800 Speaker 12: book considering both options with a pretty broad church. We've 361 00:18:01,840 --> 00:18:04,480 Speaker 12: got over eight thousand farms and a number of a 362 00:18:04,560 --> 00:18:08,040 Speaker 12: number more stakeholders than that, so we've heard different views. Michael, 363 00:18:08,080 --> 00:18:09,960 Speaker 12: I think the key thing is that farmers would be 364 00:18:10,080 --> 00:18:15,080 Speaker 12: keen to see the best possible value out of any sale. 365 00:18:15,160 --> 00:18:17,600 Speaker 12: It's also important to note that farmers will have to 366 00:18:17,680 --> 00:18:20,400 Speaker 12: vote on any any sale. That's a really big decision, 367 00:18:20,520 --> 00:18:23,600 Speaker 12: so you know we'll be making sure that they're well informed. 368 00:18:23,760 --> 00:18:25,480 Speaker 2: Good stuff, John, nice to talk to you, appreciate it 369 00:18:25,520 --> 00:18:28,879 Speaker 2: as always, John Stevenson, Fontira Cooperative Council Chairman with us 370 00:18:28,880 --> 00:18:31,879 Speaker 2: twenty away from seven. Like Fonterira will end up a 371 00:18:31,960 --> 00:18:34,200 Speaker 2: price taker of a commodity milk powder, just like we 372 00:18:34,280 --> 00:18:36,600 Speaker 2: are with log sides of lambs, bulkwine. It goes on 373 00:18:36,760 --> 00:18:38,960 Speaker 2: long term. This will be a poor decision. We talk 374 00:18:39,040 --> 00:18:42,199 Speaker 2: of the sale whatever happened to valuate. Mikey quite right 375 00:18:42,240 --> 00:18:45,000 Speaker 2: that Vonterra are making a big mistake selling off their 376 00:18:45,000 --> 00:18:47,720 Speaker 2: evaluated businesses. An Australian banker told me there were buyers 377 00:18:47,760 --> 00:18:50,320 Speaker 2: looking at these businesses seeing all the efficiencies they could 378 00:18:50,359 --> 00:18:52,240 Speaker 2: achieve to make the much more profitable. Well, that's the 379 00:18:52,280 --> 00:18:54,560 Speaker 2: whole argument behind the business, Miles Hurrell, I'm sure will 380 00:18:54,600 --> 00:18:56,720 Speaker 2: tell you is that you know, they got bigger fish 381 00:18:56,800 --> 00:18:59,000 Speaker 2: to fry. They've got things to concentrate on. They don't 382 00:18:59,080 --> 00:19:02,480 Speaker 2: have the energy and source to concentrate on refining that 383 00:19:02,600 --> 00:19:04,680 Speaker 2: with all the efficiencies that somebody else may well do, 384 00:19:05,080 --> 00:19:07,280 Speaker 2: so may as well flick it. But my great fear, 385 00:19:08,000 --> 00:19:10,360 Speaker 2: being a bit conservative in these matters, is that why 386 00:19:10,400 --> 00:19:12,560 Speaker 2: don't you have time? If you've got something there and 387 00:19:12,640 --> 00:19:14,600 Speaker 2: you see potential, why don't you have the time and 388 00:19:14,680 --> 00:19:16,720 Speaker 2: the resource to make it all it can be in. 389 00:19:16,840 --> 00:19:18,560 Speaker 2: My first move, by the way, if I bought that 390 00:19:18,800 --> 00:19:22,520 Speaker 2: was to change the name of Perfect Italiano, because that's stupid. 391 00:19:22,840 --> 00:19:27,560 Speaker 13: Nineteen to two The Mike Hosking Breakfast Full Show podcast 392 00:19:27,680 --> 00:19:32,000 Speaker 13: on iHeartRadio, Power It by News Talks BHI Mike Fonterra 393 00:19:32,080 --> 00:19:34,480 Speaker 13: and kiwibank Ipo next year'd be great for New Zealand 394 00:19:34,520 --> 00:19:37,280 Speaker 13: exchange of course and two iconic companies for kiwis. 395 00:19:37,000 --> 00:19:38,359 Speaker 2: David, it's a very good point you make. If you 396 00:19:38,440 --> 00:19:41,560 Speaker 2: had one thousand dollars, would you go a bank or 397 00:19:41,560 --> 00:19:44,320 Speaker 2: would you go consumables? And there's your question for this morning. 398 00:19:44,359 --> 00:19:47,240 Speaker 2: And might I congratulate by the way the gannets Safari's 399 00:19:47,320 --> 00:19:52,240 Speaker 2: Overland People in the Bay top fifteen family attractions in 400 00:19:52,440 --> 00:19:56,240 Speaker 2: the world according to trip Advisor the Best of the 401 00:19:56,280 --> 00:19:58,000 Speaker 2: Best column. That's what they do. They do a best 402 00:19:58,040 --> 00:19:59,760 Speaker 2: of the best. They evaluate the above and above and 403 00:19:59,800 --> 00:20:02,080 Speaker 2: be reviews millions of reviews from all over the world 404 00:20:02,160 --> 00:20:05,000 Speaker 2: and all sorts of different companies there. Recently one also 405 00:20:05,080 --> 00:20:08,760 Speaker 2: did get at Safari's Overland the Tourism Export Council Small 406 00:20:08,800 --> 00:20:12,840 Speaker 2: Operator of the Year Award. Cruise ships are back record 407 00:20:12,960 --> 00:20:15,240 Speaker 2: numbers here at the Cape twenty three to twenty four 408 00:20:15,320 --> 00:20:17,959 Speaker 2: season our biggest yet. So that's super exciting, So were 409 00:20:18,000 --> 00:20:19,560 Speaker 2: congratulations sixteen. 410 00:20:19,160 --> 00:20:23,560 Speaker 14: To two International correspondence with ends and Eye Insurance. Peace 411 00:20:23,600 --> 00:20:25,240 Speaker 14: of mind for New Zealand Business. 412 00:20:25,240 --> 00:20:27,760 Speaker 2: Front cat can feel very good morning to you. Good 413 00:20:27,840 --> 00:20:30,000 Speaker 2: morning mate, so use of course arms to stay and 414 00:20:30,240 --> 00:20:32,480 Speaker 2: Starmer and Macron to give that the headline Starmer and 415 00:20:32,520 --> 00:20:36,000 Speaker 2: Macron's crisis talks on Trump. How anngsty is it? 416 00:20:37,880 --> 00:20:41,720 Speaker 15: Everyone is very angsty. I think we can actually say 417 00:20:41,960 --> 00:20:45,240 Speaker 15: there is a whole lot of jostling. There's a lot 418 00:20:45,320 --> 00:20:51,000 Speaker 15: of talking strategies, scenarios options. The fact that we've had 419 00:20:51,119 --> 00:20:54,800 Speaker 15: k Starmer here in parents for Armistice Day might seem 420 00:20:54,880 --> 00:20:58,920 Speaker 15: normal to people looking at from the site because there's 421 00:20:59,040 --> 00:21:01,119 Speaker 15: just the channel that's have it's the two, but in 422 00:21:01,200 --> 00:21:03,840 Speaker 15: fact it was the first time since nineteen forty four 423 00:21:04,119 --> 00:21:07,399 Speaker 15: November nineteen forty four are UK Prime Minister the last 424 00:21:07,480 --> 00:21:12,080 Speaker 15: time when attended this Armistice remembrance ceremony here in Paris, 425 00:21:12,240 --> 00:21:16,440 Speaker 15: so very important. Starma was in with talks at the 426 00:21:16,560 --> 00:21:20,480 Speaker 15: Lysa Palace with Macron beforehand. They were talking Ukraine defense 427 00:21:20,640 --> 00:21:23,760 Speaker 15: and trade, and the message that we've had coming out 428 00:21:23,840 --> 00:21:27,080 Speaker 15: from that mic is that both countries really want to 429 00:21:27,160 --> 00:21:30,159 Speaker 15: do something to help Ukraine get on a stronger footing 430 00:21:30,560 --> 00:21:32,840 Speaker 15: going into the winter and for that footing to be 431 00:21:32,920 --> 00:21:37,160 Speaker 15: able to go past that key date of January twentieth, 432 00:21:37,320 --> 00:21:41,560 Speaker 15: the inauguration of Donald Trump as a US president, certainly 433 00:21:42,160 --> 00:21:45,000 Speaker 15: what happened after those talks might they went to the 434 00:21:45,119 --> 00:21:47,480 Speaker 15: Chanz Ofalise, they laid their rasay, then went to the 435 00:21:47,520 --> 00:21:50,520 Speaker 15: outer tween Off. That was the symbolic moment. These were 436 00:21:50,600 --> 00:21:54,240 Speaker 15: two men standing united. And I think when you look 437 00:21:54,320 --> 00:21:56,920 Speaker 15: at where the UK is at the moment, Mike, you know, 438 00:21:57,080 --> 00:22:00,760 Speaker 15: it's not in the European Union. It's really does need 439 00:22:00,920 --> 00:22:05,480 Speaker 15: stronger bilateral relations across Europe. This was such an important 440 00:22:05,560 --> 00:22:08,560 Speaker 15: moment to be able to say that the UK might 441 00:22:08,760 --> 00:22:11,600 Speaker 15: be isolated, but they still have friends in the EU 442 00:22:11,920 --> 00:22:12,560 Speaker 15: and Anato. 443 00:22:12,880 --> 00:22:14,920 Speaker 2: I read a very good apprecies today in New York Times. 444 00:22:15,040 --> 00:22:17,400 Speaker 2: Missing in Europe a strong leader for a new Trump era. 445 00:22:17,560 --> 00:22:19,840 Speaker 2: Everybody seems to think that Europe needs to be led 446 00:22:19,880 --> 00:22:23,760 Speaker 2: by France and or Germany. Both have got problems, both 447 00:22:23,840 --> 00:22:25,639 Speaker 2: look weak. That's not unfair, is it. 448 00:22:26,720 --> 00:22:29,560 Speaker 15: It's not unfair at all. Let's look at Germany for 449 00:22:29,640 --> 00:22:33,520 Speaker 15: a stance. The coalition government collapsed last week. They're still 450 00:22:33,640 --> 00:22:37,160 Speaker 15: jostling over when to have that confidence vote in Parliament. 451 00:22:37,520 --> 00:22:40,800 Speaker 15: Neither of the two parties have got sufficient support to 452 00:22:41,000 --> 00:22:44,600 Speaker 15: force that vote through yet, so they're jostling over that. 453 00:22:45,960 --> 00:22:49,200 Speaker 15: Will there be a vote of confidence before Christmas possibly, 454 00:22:49,800 --> 00:22:52,520 Speaker 15: but it could be back in mid January. So we've 455 00:22:52,640 --> 00:22:56,120 Speaker 15: got that your weak Germany there, you've got a week 456 00:22:56,240 --> 00:22:59,960 Speaker 15: France because you've got Emmanuel Macron, a lame duck present 457 00:23:00,080 --> 00:23:02,639 Speaker 15: that are not just unable to stand again, but has 458 00:23:02,680 --> 00:23:06,680 Speaker 15: also got this fractioned coalition government that they're trying to 459 00:23:06,800 --> 00:23:09,800 Speaker 15: push through budgets on and to get new laws through. 460 00:23:10,200 --> 00:23:13,000 Speaker 15: So yes, you've got those two what used to be 461 00:23:13,119 --> 00:23:17,760 Speaker 15: the traditional drivers for a strong Europe and for European integration. 462 00:23:18,119 --> 00:23:19,000 Speaker 2: They are both weak. 463 00:23:19,440 --> 00:23:23,040 Speaker 15: But I don't think he can take everything away off 464 00:23:23,119 --> 00:23:23,440 Speaker 15: the table. 465 00:23:23,520 --> 00:23:23,680 Speaker 4: Mike. 466 00:23:23,720 --> 00:23:26,400 Speaker 15: Here, you've got some very strong partnerships going on, particularly 467 00:23:26,440 --> 00:23:29,920 Speaker 15: the Baltic States and also the Nordics, Finland, Sweden of 468 00:23:30,000 --> 00:23:33,240 Speaker 15: course they've just joined NATO. You've also got Denmark and 469 00:23:33,359 --> 00:23:37,040 Speaker 15: the UK. You've got a lot of new groupings going on, Mike, 470 00:23:37,359 --> 00:23:41,119 Speaker 15: away from the EU and within NATO that look as 471 00:23:41,160 --> 00:23:44,400 Speaker 15: though they might be able to just hold together if 472 00:23:44,480 --> 00:23:46,840 Speaker 15: it does come to the crunch that they need to 473 00:23:46,920 --> 00:23:49,560 Speaker 15: stand up, not just a push in but also to 474 00:23:50,200 --> 00:23:53,920 Speaker 15: a new US president that does have news on the 475 00:23:53,960 --> 00:23:54,720 Speaker 15: future of NATO. 476 00:23:54,960 --> 00:23:56,880 Speaker 2: Yes, I do, all right, I will come. I'm sure 477 00:23:56,920 --> 00:23:58,960 Speaker 2: we'll revisit the several times I have given the mess 478 00:23:59,000 --> 00:24:00,879 Speaker 2: in Amsterdam, which as far as I can work out, 479 00:24:00,880 --> 00:24:02,280 Speaker 2: are still going on there. And it's pere. They have 480 00:24:02,359 --> 00:24:04,719 Speaker 2: that overly and under control. What about France b Israel 481 00:24:04,800 --> 00:24:07,000 Speaker 2: and the football and how worried about that are we? 482 00:24:07,800 --> 00:24:11,400 Speaker 15: They're very worried. The France has around football match Thursday 483 00:24:11,480 --> 00:24:15,679 Speaker 15: night at the State de France. At least six thousand police, 484 00:24:15,800 --> 00:24:19,000 Speaker 15: military and security guards will be on duty, not just 485 00:24:19,160 --> 00:24:21,640 Speaker 15: at the State of France but across the French capital 486 00:24:21,760 --> 00:24:24,760 Speaker 15: for that let's have a look at it. Though only 487 00:24:24,880 --> 00:24:28,840 Speaker 15: twenty thousand tickets have been sold, eighty thousand capacity crowd. 488 00:24:29,240 --> 00:24:33,320 Speaker 15: Now a capacity crowd at that match might would normally 489 00:24:33,400 --> 00:24:37,119 Speaker 15: have around one thousand to one than three hundred security 490 00:24:37,200 --> 00:24:40,000 Speaker 15: and police and place. And that's how seriously they're taking it. 491 00:24:40,800 --> 00:24:43,000 Speaker 15: Just within the last couple of hours, the Israeli team 492 00:24:43,080 --> 00:24:44,320 Speaker 15: has arrived in Paris. 493 00:24:45,000 --> 00:24:45,879 Speaker 2: They are now being. 494 00:24:45,840 --> 00:24:50,440 Speaker 15: Protected by an elite tactical unit, this close protection unit 495 00:24:50,600 --> 00:24:54,000 Speaker 15: of the Paris Police. Essentially, what they're saying is there 496 00:24:54,200 --> 00:24:58,000 Speaker 15: is a risk of a threat of public order, public disorder, 497 00:24:58,359 --> 00:25:01,720 Speaker 15: security way and beyond. But also before that MIC on 498 00:25:01,920 --> 00:25:05,640 Speaker 15: Wednesday night in Paris. You also got this far right 499 00:25:06,840 --> 00:25:09,560 Speaker 15: pro Israel group that's going to have a gala event 500 00:25:09,680 --> 00:25:12,879 Speaker 15: here in Paris and support of Israel, so police are 501 00:25:12,960 --> 00:25:16,760 Speaker 15: concerned about that. And of course that's Wednesday. Thursday, you've 502 00:25:16,800 --> 00:25:19,480 Speaker 15: got the match, and then of course Friday there will 503 00:25:19,520 --> 00:25:21,760 Speaker 15: be many people going to the synagogues on that so 504 00:25:21,960 --> 00:25:24,840 Speaker 15: it's going to be three days where French police and 505 00:25:25,000 --> 00:25:27,359 Speaker 15: the military will be on full alert. 506 00:25:27,640 --> 00:25:30,080 Speaker 2: I also read the bells were ringing out Notre Dame 507 00:25:30,359 --> 00:25:30,800 Speaker 2: over the week. 508 00:25:30,840 --> 00:25:35,240 Speaker 15: Can wonderful. Yeah, the first time that was last week 509 00:25:35,640 --> 00:25:38,320 Speaker 15: and Keith and I actually also on Friday, MIC they're 510 00:25:38,359 --> 00:25:41,680 Speaker 15: bringing back one of the key statues, the statue of 511 00:25:42,280 --> 00:25:44,120 Speaker 15: a Lady of Notre Dame. She's going to be brought 512 00:25:44,160 --> 00:25:47,800 Speaker 15: back in on Friday, big processions, and it looks as 513 00:25:47,840 --> 00:25:50,000 Speaker 15: though it's all going to be coming together. We're starting 514 00:25:50,040 --> 00:25:53,240 Speaker 15: to see trucks arriving at Notre Dame bringing back some 515 00:25:53,320 --> 00:25:56,080 Speaker 15: of those paintings that survived the fire but needed to 516 00:25:56,119 --> 00:25:58,760 Speaker 15: be cleaned up afterwards. It's going to be great. 517 00:25:58,880 --> 00:25:59,080 Speaker 6: Fabe. 518 00:25:59,160 --> 00:26:01,880 Speaker 2: Let's catch up soon. I's shout at Catherine and celebrations 519 00:26:02,080 --> 00:26:04,879 Speaker 2: December from December seven and by the way, there's a 520 00:26:04,960 --> 00:26:06,679 Speaker 2: very good that piece. Look it up if you can, 521 00:26:06,720 --> 00:26:08,840 Speaker 2: be by the New York Times, and they think Maloney 522 00:26:08,920 --> 00:26:11,000 Speaker 2: could be the key player there because of course she's 523 00:26:11,000 --> 00:26:14,040 Speaker 2: aligned ideologically, of course to Trump, and she's turned out 524 00:26:14,040 --> 00:26:15,840 Speaker 2: to be a lot more successful than many people picked 525 00:26:15,880 --> 00:26:18,119 Speaker 2: her to be. But there's quoting a guy called John Flick, 526 00:26:18,440 --> 00:26:20,440 Speaker 2: who's a senior director with the European Center at the 527 00:26:20,440 --> 00:26:23,280 Speaker 2: Atlantic Council. The world is made up of herbivores and carnivals, 528 00:26:23,960 --> 00:26:26,120 Speaker 2: and if we decide to remain herber balls or carnnibals, 529 00:26:26,119 --> 00:26:29,040 Speaker 2: will and guess who's a carnibal. It is ten minutes 530 00:26:29,040 --> 00:26:30,040 Speaker 2: away from seven. 531 00:26:30,400 --> 00:26:34,639 Speaker 1: The costume Breakfast with the range Rover Villa News toss B. 532 00:26:34,960 --> 00:26:37,560 Speaker 2: There's a guy called Bill Ackman speaking of the Amsterdam situation, 533 00:26:37,720 --> 00:26:40,320 Speaker 2: the Dutch situation. He's a billionaire. He's a hedge fund 534 00:26:40,400 --> 00:26:43,280 Speaker 2: manager and he's in charge of think called Pershing Square Holdings. 535 00:26:43,280 --> 00:26:45,639 Speaker 2: Also Universal Music Group, which you will have heard of. 536 00:26:46,280 --> 00:26:48,960 Speaker 2: They're based in Amsterdam. But he's over a concentrating, he 537 00:26:49,000 --> 00:26:51,720 Speaker 2: said yesterday, concentrating the listing on one exchange, i e. 538 00:26:51,880 --> 00:26:55,399 Speaker 2: London and leaving a jurisdiction that fails to protect its 539 00:26:55,480 --> 00:26:59,320 Speaker 2: tourists and minority populations, combine both good business and moral principles. 540 00:26:59,359 --> 00:27:01,639 Speaker 2: What's he saying saying he's up and out. He's not 541 00:27:01,680 --> 00:27:03,800 Speaker 2: putting up with any of that nonsense. He's got better 542 00:27:03,880 --> 00:27:05,600 Speaker 2: things to do in better places. He's going to seek 543 00:27:05,600 --> 00:27:09,399 Speaker 2: approval from the Pershing Square Board to basically leave the 544 00:27:09,480 --> 00:27:12,840 Speaker 2: Dutch behind and go do business in London, five minutes 545 00:27:12,840 --> 00:27:15,600 Speaker 2: away from seven for the ins. 546 00:27:15,560 --> 00:27:19,280 Speaker 1: And the outs. It's the fiz with business fiber take 547 00:27:19,359 --> 00:27:21,600 Speaker 1: your business productivity to the next level. 548 00:27:21,800 --> 00:27:26,320 Speaker 2: I've got a survey by Gender at Work and the YWCA, 549 00:27:28,320 --> 00:27:31,400 Speaker 2: businesses risk losing a third of their younger workforce. We're 550 00:27:31,440 --> 00:27:34,160 Speaker 2: talking about the ZRs. He had ninety seven through twenty 551 00:27:34,280 --> 00:27:38,240 Speaker 2: twelve currently aged twelve through twenty seven. Pay them abum, 552 00:27:39,800 --> 00:27:42,080 Speaker 2: so sorry? Where was I? Surveyed? By Gender at Work 553 00:27:42,119 --> 00:27:47,000 Speaker 2: and YWCA businesses risk losing a third of the younger workforce, 554 00:27:47,080 --> 00:27:51,280 Speaker 2: especially women, if they have if they don't have inclusion policies. 555 00:27:51,640 --> 00:27:53,680 Speaker 2: So it's found that thirty eight percent of young women 556 00:27:54,119 --> 00:27:57,320 Speaker 2: experienced some sort of bullying and that of organizations didn't 557 00:27:57,400 --> 00:28:01,920 Speaker 2: have DEI inclusive ideas, then only fourteen percent were likely 558 00:28:02,000 --> 00:28:04,400 Speaker 2: to stay on their job, they'd be the same people 559 00:28:04,400 --> 00:28:06,240 Speaker 2: who are busy googling how to get out of America. 560 00:28:06,280 --> 00:28:07,639 Speaker 2: At the moment, I suspect. 561 00:28:10,640 --> 00:28:11,080 Speaker 10: Gen Z. 562 00:28:12,960 --> 00:28:15,000 Speaker 2: They reckon they'll make up a third of the workforce 563 00:28:15,040 --> 00:28:16,919 Speaker 2: by twenty thirty. That's not really a thing. I mean, 564 00:28:17,200 --> 00:28:19,359 Speaker 2: gen Z becomes something else, of course, don't they They 565 00:28:19,400 --> 00:28:21,200 Speaker 2: grow up and they change and they get older, and 566 00:28:21,560 --> 00:28:23,359 Speaker 2: you know, the people born today will end up in 567 00:28:23,400 --> 00:28:25,280 Speaker 2: the workforce and they're full of old sort of they'll 568 00:28:25,320 --> 00:28:28,199 Speaker 2: be eventually they'll be, you know, eighty percent of the workforce. Anyway, 569 00:28:28,920 --> 00:28:32,080 Speaker 2: they say workplace culture matters. And the survey that these 570 00:28:32,160 --> 00:28:35,359 Speaker 2: businesses that gen Z are working at, fifty one percent 571 00:28:35,480 --> 00:28:40,680 Speaker 2: report no professional development opportunities, which turns them off because 572 00:28:40,720 --> 00:28:42,280 Speaker 2: you know what they're like when they arrive on a Monday, 573 00:28:42,280 --> 00:28:45,000 Speaker 2: they want to be the CEO on Wednesday afternoon. Forty 574 00:28:45,040 --> 00:28:48,280 Speaker 2: six percent don't have any diversity or inclusion policies. I 575 00:28:48,400 --> 00:28:50,120 Speaker 2: find that hard to believe. That's a lot of people 576 00:28:50,160 --> 00:28:54,280 Speaker 2: who don't have inclusion policies. Forty percent say people are 577 00:28:54,320 --> 00:28:57,360 Speaker 2: called upon to do cultural services without extra pay. What's 578 00:28:57,360 --> 00:29:02,040 Speaker 2: a cultural service? Send in both and no extra pay. 579 00:29:02,440 --> 00:29:04,200 Speaker 4: That's one of those ones that I tick the box 580 00:29:04,280 --> 00:29:06,120 Speaker 4: it says I have no opinion. 581 00:29:06,520 --> 00:29:09,720 Speaker 2: Okay. When it COEs to cultural services, the survey says 582 00:29:09,760 --> 00:29:12,720 Speaker 2: if businesses change these things, then they are more likely 583 00:29:12,840 --> 00:29:15,200 Speaker 2: to keep gen Z staff way up to seventy four percent. 584 00:29:15,280 --> 00:29:16,720 Speaker 2: The big question is, of course, do you want to 585 00:29:16,800 --> 00:29:20,320 Speaker 2: keep Keen said stuff? Why don't they survey the people 586 00:29:20,360 --> 00:29:24,080 Speaker 2: who employ them and go see those little snot rags 587 00:29:24,080 --> 00:29:26,320 Speaker 2: you just employed? You want to keep them? I'll give 588 00:29:26,320 --> 00:29:30,920 Speaker 2: you some numbers around that. The apology today, I'm more 589 00:29:31,000 --> 00:29:33,680 Speaker 2: interested to be frank in the angst that's growing. And 590 00:29:33,800 --> 00:29:35,560 Speaker 2: do we have a can of worms? So yes, you 591 00:29:35,600 --> 00:29:37,560 Speaker 2: can do the apology and it will be heartfelt. And 592 00:29:37,640 --> 00:29:40,240 Speaker 2: I think the government's in the right place here. But 593 00:29:40,360 --> 00:29:42,680 Speaker 2: then inevitably and it's already started. What about the money? 594 00:29:42,880 --> 00:29:45,840 Speaker 2: How BIG's the check? What's it look like? Is there 595 00:29:45,840 --> 00:29:48,520 Speaker 2: an end to this? Or is there never an end? 596 00:29:48,680 --> 00:29:48,800 Speaker 6: Is it? 597 00:29:48,920 --> 00:29:52,200 Speaker 2: Got treaty of white hanging vibes about this? More on 598 00:29:52,280 --> 00:29:54,760 Speaker 2: this after the news, which is next to my Cosking. 599 00:29:54,480 --> 00:30:00,160 Speaker 1: Breakfast demanding the answers from the decision makers. It's a 600 00:30:00,280 --> 00:30:05,120 Speaker 1: mic Hosking breakfast with Veda Retirement Communities, Life, your Way 601 00:30:05,280 --> 00:30:06,080 Speaker 1: News tod said, be. 602 00:30:06,200 --> 00:30:08,360 Speaker 2: Only seven past seven, so a day of national apology 603 00:30:08,480 --> 00:30:10,520 Speaker 2: are to survivors of abuse and care. Of course the 604 00:30:10,600 --> 00:30:13,720 Speaker 2: compensation still to be sought of, but today a significant start, 605 00:30:13,800 --> 00:30:16,600 Speaker 2: you would have thought. Cooper Legal is representing more than 606 00:30:16,680 --> 00:30:21,440 Speaker 2: sixteen hundred affected clients. Senior Associated Senior Associate Lydia Ostahoff 607 00:30:21,720 --> 00:30:24,800 Speaker 2: is with us. Lydia morning, good morning, thanks having me on, 608 00:30:25,000 --> 00:30:27,800 Speaker 2: not at all the people you represent. What's the feeling 609 00:30:28,000 --> 00:30:30,440 Speaker 2: so far, Well. 610 00:30:30,440 --> 00:30:33,720 Speaker 16: There's obviously it is the monumental day, so it's the 611 00:30:33,800 --> 00:30:36,720 Speaker 16: recognition of that we've come a long way to get 612 00:30:36,760 --> 00:30:39,160 Speaker 16: to where we are. But there's also in a sense 613 00:30:39,200 --> 00:30:44,160 Speaker 16: of apprehension because an apology means nothing if it doesn't 614 00:30:44,200 --> 00:30:47,440 Speaker 16: come with a commitment to change, and so our clients 615 00:30:47,760 --> 00:30:52,000 Speaker 16: they want the government to use this apology to show 616 00:30:52,240 --> 00:30:56,880 Speaker 16: how this this will not happen in the future. And 617 00:30:57,000 --> 00:30:58,800 Speaker 16: now we know that there's not going to be an 618 00:30:58,800 --> 00:31:03,360 Speaker 16: announcement about reading rest today. So unfortunately that's been quite 619 00:31:03,880 --> 00:31:06,800 Speaker 16: an upset for our clients because that was what they 620 00:31:06,880 --> 00:31:07,480 Speaker 16: were hoping for. 621 00:31:08,080 --> 00:31:10,480 Speaker 2: Was it unrealistic to expect I mean, this is a 622 00:31:10,720 --> 00:31:14,120 Speaker 2: massive thing. Is it unrealistic to it to I mean, 623 00:31:14,160 --> 00:31:17,240 Speaker 2: given an apology is easier to deliver. Literally, is it 624 00:31:17,360 --> 00:31:19,920 Speaker 2: unrealistic to expect, you know, here's a check and here's 625 00:31:19,960 --> 00:31:21,720 Speaker 2: how we're going to do it. I mean, this takes 626 00:31:21,760 --> 00:31:23,120 Speaker 2: time and you want to do it right, don't you? 627 00:31:24,080 --> 00:31:24,280 Speaker 8: Yes? 628 00:31:24,400 --> 00:31:26,320 Speaker 16: And I think what we've got to realize is, yes, 629 00:31:26,440 --> 00:31:30,080 Speaker 16: the final report was tabled in Parliament in July, but 630 00:31:30,200 --> 00:31:32,880 Speaker 16: the government, and this is successive government, have had the 631 00:31:32,960 --> 00:31:36,880 Speaker 16: interim redressed reports since December twenty twenty one, so we 632 00:31:36,880 --> 00:31:39,239 Speaker 16: went to nearly three years that that've had to try 633 00:31:39,320 --> 00:31:42,360 Speaker 16: and prepare for a redress scheme. So I think trying 634 00:31:42,360 --> 00:31:45,800 Speaker 16: to look at the July date is actually keewing dates 635 00:31:45,840 --> 00:31:47,920 Speaker 16: a little bit. So we've had quite a lot of 636 00:31:48,000 --> 00:31:50,000 Speaker 16: time and that time hasn't been used. 637 00:31:50,200 --> 00:31:52,479 Speaker 2: The law changes announced yesterday do they help? Are they 638 00:31:52,520 --> 00:31:53,240 Speaker 2: significant or not? 639 00:31:54,800 --> 00:31:56,480 Speaker 16: To be honest with you, Mike, I think they're a 640 00:31:56,520 --> 00:31:59,480 Speaker 16: bit of smoke and mirriage, a bit of a distraction. Really, 641 00:32:01,720 --> 00:32:07,800 Speaker 16: children can still be scanner searched, the strip searching. Yes, 642 00:32:08,160 --> 00:32:10,520 Speaker 16: we've been saying for years that's that's not a good thing. 643 00:32:10,640 --> 00:32:15,840 Speaker 16: But really the changes I think are deflecting from what 644 00:32:16,080 --> 00:32:19,480 Speaker 16: survivors have been calling for for months now, which is 645 00:32:20,120 --> 00:32:22,360 Speaker 16: redress and change, and I think this is just a 646 00:32:22,440 --> 00:32:24,720 Speaker 16: drop in the bucket and it's not really going to 647 00:32:25,040 --> 00:32:27,440 Speaker 16: And even if you look at the press release that 648 00:32:27,600 --> 00:32:31,440 Speaker 16: went out Minister Chaw said this was about keeping children 649 00:32:31,560 --> 00:32:35,040 Speaker 16: safe within the home, there was not one change to 650 00:32:35,120 --> 00:32:37,840 Speaker 16: the law the children safe within the home. It was 651 00:32:37,880 --> 00:32:41,680 Speaker 16: about use justice residences, it was about records, it was 652 00:32:41,720 --> 00:32:47,080 Speaker 16: about disabled adults. How is that talking about children keeping 653 00:32:47,160 --> 00:32:49,440 Speaker 16: children safe in the home. I really just think that 654 00:32:49,560 --> 00:32:50,200 Speaker 16: was a distraction. 655 00:32:50,760 --> 00:32:52,600 Speaker 2: Do you think we're going to get closure? How many 656 00:32:52,720 --> 00:32:54,480 Speaker 2: years down the track do you think it'll be I 657 00:32:54,520 --> 00:32:56,880 Speaker 2: can get you back on this program and go We're done, 658 00:32:57,000 --> 00:32:59,400 Speaker 2: it's finished, everyone's happy. Or do you think that will 659 00:32:59,440 --> 00:32:59,880 Speaker 2: never happen. 660 00:33:00,840 --> 00:33:03,600 Speaker 16: I'd love to say that, Yes, three years from now, 661 00:33:03,680 --> 00:33:05,800 Speaker 16: you can get me on the program and say, Mike, 662 00:33:05,880 --> 00:33:09,000 Speaker 16: I've got no work, I'm starting a new area of law. 663 00:33:09,360 --> 00:33:12,800 Speaker 16: I would love that. But unfortunately, at the moment, at 664 00:33:12,840 --> 00:33:15,040 Speaker 16: the rate that we're going, I think we're going to 665 00:33:15,080 --> 00:33:19,280 Speaker 16: be seeing this for the next decades. And I hate 666 00:33:19,320 --> 00:33:22,280 Speaker 16: to say that, but with small steps like what we 667 00:33:22,320 --> 00:33:25,680 Speaker 16: saw yesterday, that's not incremental change. That is not going 668 00:33:25,720 --> 00:33:27,800 Speaker 16: to keep children safe appreciate. 669 00:33:27,400 --> 00:33:29,840 Speaker 2: You time very much. Lydia Ostaff who's there Cooper Legal 670 00:33:30,240 --> 00:33:32,440 Speaker 2: Senior associate more with the Prime Minister of course, shortly 671 00:33:32,440 --> 00:33:35,200 Speaker 2: ten minutes past seven asking the city Council can put 672 00:33:35,200 --> 00:33:38,640 Speaker 2: an extra chair out. We've got Lindsay McKenzie. He's a 673 00:33:38,720 --> 00:33:40,800 Speaker 2: new Crown Monitor. He's a former boss of Tasman and 674 00:33:40,840 --> 00:33:43,520 Speaker 2: Gisban District Councilors. He starts tomorrow. He's in work until 675 00:33:43,600 --> 00:33:46,400 Speaker 2: July next year. The Local Government Minister Simeon Brown's with 676 00:33:46,520 --> 00:33:50,040 Speaker 2: usime in morning, Good morning. What's is riding instructions? 677 00:33:51,200 --> 00:33:53,840 Speaker 17: Well, a number of issues. Firstly, they are the councilor's 678 00:33:54,040 --> 00:33:57,760 Speaker 17: got dysfunction between personalities, so getting in their end, working 679 00:33:57,800 --> 00:34:00,400 Speaker 17: with the mayor and counselors to help them get on. 680 00:34:00,680 --> 00:34:03,600 Speaker 17: He's done that job as him the Cargo District Council 681 00:34:04,080 --> 00:34:06,040 Speaker 17: a couple of years ago, so that's one of his jobs. 682 00:34:06,440 --> 00:34:08,319 Speaker 17: And now there is around the long term plan which 683 00:34:08,360 --> 00:34:11,160 Speaker 17: the council's decided to throw out and start again, and 684 00:34:11,280 --> 00:34:14,279 Speaker 17: providing an external pair set of advice to assist the 685 00:34:14,320 --> 00:34:16,200 Speaker 17: council in terms of the decisions they need to make. 686 00:34:16,840 --> 00:34:20,120 Speaker 17: But ultimately the councilors and the mayor are elected democratically, 687 00:34:20,280 --> 00:34:22,920 Speaker 17: they are still accountable and responsible for the decisions they made. 688 00:34:23,120 --> 00:34:24,880 Speaker 2: How many How often does he come back to you? 689 00:34:26,440 --> 00:34:29,680 Speaker 17: I'll begetting monthly reports from him, That's what I've asked 690 00:34:29,719 --> 00:34:31,560 Speaker 17: under the terms of reference, to a monthly report back 691 00:34:31,600 --> 00:34:34,040 Speaker 17: to me and then a final report at the end 692 00:34:34,600 --> 00:34:36,800 Speaker 17: of his term, which will be the thirty first of 693 00:34:36,880 --> 00:34:38,320 Speaker 17: July next year, or will it. 694 00:34:40,040 --> 00:34:40,200 Speaker 10: Well. 695 00:34:40,280 --> 00:34:43,880 Speaker 17: Ultimately, there's an election next year for the local councils, 696 00:34:44,040 --> 00:34:47,920 Speaker 17: so the mayor and the councilors will be up for reelection. Ultimately. 697 00:34:48,000 --> 00:34:50,880 Speaker 17: The key point here is that they have decided to 698 00:34:51,000 --> 00:34:53,799 Speaker 17: re litigate the entire long term plan, throw it out 699 00:34:53,840 --> 00:34:57,400 Speaker 17: and start again, and that's created some significant concern around 700 00:34:57,719 --> 00:35:01,160 Speaker 17: the financial position of the council. I've put an observer 701 00:35:01,239 --> 00:35:03,600 Speaker 17: in there too assist the council and a mute with 702 00:35:03,760 --> 00:35:06,719 Speaker 17: an external set of advice, and someone else who can 703 00:35:06,800 --> 00:35:09,000 Speaker 17: look at things with a fresh pair of eyes, who's 704 00:35:09,080 --> 00:35:11,480 Speaker 17: not been part of the all the drama over the 705 00:35:11,560 --> 00:35:13,919 Speaker 17: last little while, and not to provide them an extra 706 00:35:14,239 --> 00:35:16,680 Speaker 17: extra set of advice. Ultimately up to them as to 707 00:35:16,719 --> 00:35:19,160 Speaker 17: whether or not they take that on board. But that 708 00:35:19,320 --> 00:35:21,600 Speaker 17: person will be there to assist and also to report 709 00:35:21,640 --> 00:35:22,800 Speaker 17: back to me as to what's going on. 710 00:35:23,080 --> 00:35:24,800 Speaker 2: Let's hope it works to me and Brown appreciate it. 711 00:35:24,880 --> 00:35:27,479 Speaker 2: Local government minister with us this morning twelve minutes past seven, 712 00:35:28,680 --> 00:35:31,239 Speaker 2: fundamentally opposed to each other. And I noted yesterday David 713 00:35:31,239 --> 00:35:33,560 Speaker 2: Seymour and I think even Christopher Luxen's open to meeting 714 00:35:33,600 --> 00:35:36,160 Speaker 2: these protests and people when they finally get to Wellington. 715 00:35:36,239 --> 00:35:38,440 Speaker 2: But the protests people said, why would we bother? It's 716 00:35:38,440 --> 00:35:41,400 Speaker 2: a waste of time. And when you're that distant in 717 00:35:41,520 --> 00:35:43,640 Speaker 2: an argument, you know, wat's a bloke sitting in the 718 00:35:43,680 --> 00:35:46,479 Speaker 2: corner looking at you going to change of anything. Weird. 719 00:35:46,520 --> 00:35:49,280 Speaker 2: A story of the day yesterday was this bloke, Aaron Smail. 720 00:35:49,719 --> 00:35:54,000 Speaker 2: Didn't you think Aaron Smail's journalist, who seems to specialize 721 00:35:54,040 --> 00:35:57,520 Speaker 2: in this area of the child abuse, has been covering 722 00:35:57,560 --> 00:35:59,759 Speaker 2: it for some eight years, wants it to be at 723 00:35:59,760 --> 00:36:03,240 Speaker 2: part element Today Jerry Brownley speaker declined his accreditation application. 724 00:36:03,360 --> 00:36:06,440 Speaker 2: Everyone went, well, what's that about? Jerry. Turns out that 725 00:36:06,560 --> 00:36:09,600 Speaker 2: back in July there was a bit of a back 726 00:36:09,640 --> 00:36:12,239 Speaker 2: and forward between mister Smail and mister Luxon at the 727 00:36:12,239 --> 00:36:17,280 Speaker 2: press conference. After the press conference, the Beehive complained to Newsroom. 728 00:36:17,320 --> 00:36:21,040 Speaker 2: Newsroom's a website which mister Smayleer works for, apparently about 729 00:36:21,120 --> 00:36:25,319 Speaker 2: his persistent and forceful questioning. Now, if that's what you're 730 00:36:25,360 --> 00:36:29,760 Speaker 2: complaining about, grow a backbone with suggestions it was rude 731 00:36:29,840 --> 00:36:32,360 Speaker 2: and police at the event had been watching the reporter. 732 00:36:32,520 --> 00:36:35,600 Speaker 2: There was more on mister smail. There was also an 733 00:36:35,640 --> 00:36:38,759 Speaker 2: interaction in Palmerston North where the government was touting its 734 00:36:38,760 --> 00:36:41,399 Speaker 2: book camps for young offenders. Mister Smaile, was there any 735 00:36:41,440 --> 00:36:44,520 Speaker 2: press Karen Shaw Minister over whether it had been appropriate 736 00:36:44,600 --> 00:36:46,520 Speaker 2: to associate the memory of the Marray Battalion with the 737 00:36:46,560 --> 00:36:50,279 Speaker 2: new youth justice program. Once again that would perhaps a 738 00:36:50,320 --> 00:36:54,280 Speaker 2: little edgy, little angsty. Newsroom, for their part, said basically 739 00:36:54,360 --> 00:36:57,760 Speaker 2: it was standard questioning and the government shouldn't be afraid 740 00:36:57,760 --> 00:36:59,719 Speaker 2: to feel a little bit uncomfortable by the media asking 741 00:36:59,760 --> 00:37:04,279 Speaker 2: a few tough questions. So then Jason Walls our Jason Walls, 742 00:37:04,320 --> 00:37:06,800 Speaker 2: who's the head of the press gallery. He says, I'm appealing, 743 00:37:07,480 --> 00:37:10,200 Speaker 2: at which point Jerry then back down apparently and all's 744 00:37:10,239 --> 00:37:13,160 Speaker 2: been smoothed over. So something weird happened there. 745 00:37:14,320 --> 00:37:15,799 Speaker 4: It was a terrible Jason Walls and. 746 00:37:16,040 --> 00:37:18,040 Speaker 2: It was shocking, wasn't it. But I haven't done a 747 00:37:18,080 --> 00:37:20,120 Speaker 2: lot of Jason Walls, so I'm going to have to 748 00:37:20,200 --> 00:37:21,880 Speaker 2: work on it. Fourteen past. 749 00:37:23,160 --> 00:37:27,520 Speaker 1: The High Asking Breakfast Fall Show podcast on iHeartRadio powered 750 00:37:27,600 --> 00:37:28,520 Speaker 1: by News Talks. 751 00:37:28,320 --> 00:37:31,040 Speaker 2: At b seventeen past seven. The bloke who invented Siri, 752 00:37:31,239 --> 00:37:32,880 Speaker 2: which is quite the thing to be able to say. 753 00:37:32,920 --> 00:37:34,440 Speaker 2: You're standing at a party, goer, what do you do? Oh, 754 00:37:34,440 --> 00:37:36,400 Speaker 2: I'm an entrepreneur because he is these days because he 755 00:37:36,480 --> 00:37:37,920 Speaker 2: sold sire for quite a lot of money. Then you 756 00:37:37,960 --> 00:37:40,120 Speaker 2: become an entrepreneur and come up with interesting other ideas. 757 00:37:40,360 --> 00:37:43,600 Speaker 2: Some of his other ideas are actually quite interesting as well. 758 00:37:44,400 --> 00:37:46,439 Speaker 2: But anyway, you're standing at the party and go, what'd 759 00:37:46,440 --> 00:37:48,320 Speaker 2: you do it? While I invented Siri? Anyway, he's in 760 00:37:48,360 --> 00:37:50,279 Speaker 2: the country. Guy called Tom gruberries with us after eight 761 00:37:50,320 --> 00:37:52,880 Speaker 2: o'clock seventeen pass very big day for the old hometown. 762 00:37:52,960 --> 00:37:56,000 Speaker 2: Of course, Addington fires up for Cup Day. Addington Raceway 763 00:37:56,120 --> 00:37:59,799 Speaker 2: CEO Brian Thompson's with us. Brian Morning god a Mike 764 00:38:00,120 --> 00:38:02,800 Speaker 2: gone very well, I stated very boldly on the program yesterday. 765 00:38:02,840 --> 00:38:04,799 Speaker 2: I think I'm right on this. I don't think it's 766 00:38:04,800 --> 00:38:05,960 Speaker 2: ever rained on race day, has it? 767 00:38:07,000 --> 00:38:07,040 Speaker 15: No. 768 00:38:07,360 --> 00:38:09,239 Speaker 18: I think the first year I was here, back in 769 00:38:09,440 --> 00:38:12,240 Speaker 18: war twenty eleven, we had a bit of a sprinkle 770 00:38:12,320 --> 00:38:14,800 Speaker 18: before eleven, but that was its day. 771 00:38:14,719 --> 00:38:17,600 Speaker 2: Was a cracker and today's today's gorgeous. 772 00:38:18,520 --> 00:38:23,160 Speaker 18: Today's a typical Canterbury spring day, full of sunshine, eighteen 773 00:38:23,320 --> 00:38:26,440 Speaker 18: nineteen degrees, light breeze, perfect day for racing. 774 00:38:26,640 --> 00:38:28,279 Speaker 2: Are you in the fashion in the field this year? 775 00:38:28,320 --> 00:38:28,520 Speaker 19: Brian? 776 00:38:28,640 --> 00:38:29,839 Speaker 2: Have you dressed yourself up a bit? 777 00:38:30,600 --> 00:38:30,719 Speaker 6: Oh? 778 00:38:30,800 --> 00:38:32,680 Speaker 18: Yeah, I'm cranking a pretty good suit at the moment, 779 00:38:32,760 --> 00:38:34,560 Speaker 18: but it won't be entering. Got to make it fair 780 00:38:34,600 --> 00:38:35,399 Speaker 18: for everyone else. 781 00:38:36,920 --> 00:38:38,640 Speaker 2: Very good. I like a man of confidence. What's this 782 00:38:38,760 --> 00:38:41,160 Speaker 2: twenty five dollars versus forty dollar thing? Was that a 783 00:38:41,280 --> 00:38:44,040 Speaker 2: cost of living idea? And clearly it's worked? 784 00:38:44,840 --> 00:38:47,640 Speaker 18: Yeah, one hundred percent. So I think these days there's 785 00:38:47,680 --> 00:38:49,759 Speaker 18: so many choices out there for people to go to 786 00:38:49,920 --> 00:38:53,600 Speaker 18: events and experience different entertainment. I think what we try 787 00:38:53,640 --> 00:38:55,840 Speaker 18: to do is just to give everyone the opportunity to 788 00:38:55,920 --> 00:39:00,680 Speaker 18: get here and enjoy the racing aspect of its definitely worked. 789 00:39:01,000 --> 00:39:02,480 Speaker 2: How many people are you expecting? 790 00:39:03,560 --> 00:39:03,719 Speaker 13: Odd? 791 00:39:03,960 --> 00:39:06,480 Speaker 18: We're set up for about fifteen thousand, so if we 792 00:39:06,520 --> 00:39:08,479 Speaker 18: can get near to that will be pretty happy. 793 00:39:08,719 --> 00:39:10,319 Speaker 2: Nice stuff. Will you go well and enjoy it? Brian, 794 00:39:10,360 --> 00:39:13,120 Speaker 2: appreciate it very much. Brian Thompson, who's cranking a pretty 795 00:39:13,160 --> 00:39:15,800 Speaker 2: good suit this morning. I like his style. Do you 796 00:39:15,840 --> 00:39:18,120 Speaker 2: want to get into the business of airlines that arrive 797 00:39:18,239 --> 00:39:20,680 Speaker 2: and depart on time? Or should we just leave the 798 00:39:20,760 --> 00:39:23,440 Speaker 2: text machine off that for a moment, because I've got 799 00:39:23,480 --> 00:39:27,160 Speaker 2: some numbers for you for September. On time performance OTP 800 00:39:27,400 --> 00:39:30,000 Speaker 2: is what they call it, seventy nine point seven percent departures, 801 00:39:30,080 --> 00:39:32,360 Speaker 2: ninety one point seven percent arrivals. For Air New Zealand, 802 00:39:32,360 --> 00:39:35,239 Speaker 2: they're doing pretty well. Air New Zealand's cancelation rate was 803 00:39:35,280 --> 00:39:37,040 Speaker 2: one point four percent. So if I said to you, 804 00:39:37,120 --> 00:39:38,400 Speaker 2: how are you going with a good old Air New 805 00:39:38,480 --> 00:39:41,080 Speaker 2: Zealand in terms of the old cancelation rate, you go ar, 806 00:39:41,120 --> 00:39:42,759 Speaker 2: it's a disasters. So they haven't got any engine, they 807 00:39:42,800 --> 00:39:45,320 Speaker 2: haven't got any planes. If you tried leaving Blenham lately 808 00:39:45,880 --> 00:39:48,799 Speaker 2: cancelation rate one point four percent, you go no way, 809 00:39:48,960 --> 00:39:50,640 Speaker 2: wouldn't you? You go that's ridiculous. 810 00:39:50,640 --> 00:39:50,880 Speaker 8: You know what. 811 00:39:51,000 --> 00:39:55,480 Speaker 2: Jetstar's cancelation rate is zero, zero point six percent. Of 812 00:39:55,560 --> 00:39:57,560 Speaker 2: course they don't operate that many flights. Who in New 813 00:39:57,600 --> 00:40:02,040 Speaker 2: Zealand's got a natural disadvantage quantas they do it at 814 00:40:02,120 --> 00:40:04,480 Speaker 2: eighty percent of the time, so they're slightly better, but 815 00:40:04,640 --> 00:40:08,000 Speaker 2: not much. US domestically, you'd go, what would you go? 816 00:40:08,040 --> 00:40:11,720 Speaker 2: In the US? You go US nineteen seventy three, seventy 817 00:40:11,800 --> 00:40:15,680 Speaker 2: five percent of domestic flights operated on time. Hawaiian's the 818 00:40:15,719 --> 00:40:19,000 Speaker 2: best at eighty six delta at seventy eight southwest to 819 00:40:19,080 --> 00:40:20,560 Speaker 2: seventy eight. What I'm trying to do is paint you 820 00:40:20,600 --> 00:40:24,279 Speaker 2: a picture that broadly speaking, the issues faced here are 821 00:40:24,320 --> 00:40:26,960 Speaker 2: the same issues all over the world, and by and 822 00:40:27,160 --> 00:40:30,480 Speaker 2: large it's probably not as bad as you think. What 823 00:40:30,640 --> 00:40:32,600 Speaker 2: do you disagree? Seven twenty. 824 00:40:34,360 --> 00:40:39,120 Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio Power 825 00:40:39,239 --> 00:40:40,120 Speaker 1: by News Talk SEP. 826 00:40:40,880 --> 00:40:43,440 Speaker 2: Now, if you're a business leader, you're looking for investment opportunities, 827 00:40:43,480 --> 00:40:46,560 Speaker 2: of course, risk free return on investment of five hundred percent. 828 00:40:46,600 --> 00:40:48,960 Speaker 2: How's that sound? Sounds unbelievable that it can in fact 829 00:40:49,040 --> 00:40:52,360 Speaker 2: happen to your business. By letting your knowledge workers harness 830 00:40:52,440 --> 00:40:54,680 Speaker 2: the power of AI, you're going to generate a very 831 00:40:55,000 --> 00:40:57,560 Speaker 2: high return on investment. You can remove the routine, remove 832 00:40:57,600 --> 00:40:59,920 Speaker 2: all the boring work, and let them get on with it. 833 00:41:00,080 --> 00:41:01,839 Speaker 2: They will make better decisions. They come up with new 834 00:41:01,880 --> 00:41:04,960 Speaker 2: innovative ideas with the AI. So how do you provide 835 00:41:05,000 --> 00:41:08,440 Speaker 2: them access to this AI and do it safely and securely? Well, 836 00:41:08,480 --> 00:41:10,120 Speaker 2: this is where one net have the answer. One Thatt's 837 00:41:10,120 --> 00:41:12,919 Speaker 2: got a sister company called Grizzly AI, so they built 838 00:41:12,920 --> 00:41:14,920 Speaker 2: a safe and secure path for risk averse businesses to 839 00:41:14,960 --> 00:41:17,560 Speaker 2: access generative AI. Low touch software works right out of 840 00:41:17,600 --> 00:41:20,759 Speaker 2: the box, great user experience, no integrations, no training, no 841 00:41:20,880 --> 00:41:22,879 Speaker 2: delays to get started. If you need to make a profit, 842 00:41:23,000 --> 00:41:25,759 Speaker 2: one net dot co dot inz got it one dot 843 00:41:25,800 --> 00:41:29,040 Speaker 2: inz start your free seven day trial. Download their paper 844 00:41:29,120 --> 00:41:31,960 Speaker 2: how Grizzly AI can generate a five hundred percent plus 845 00:41:32,120 --> 00:41:34,920 Speaker 2: return on your investment for your business. Try out their 846 00:41:34,920 --> 00:41:38,120 Speaker 2: online model with your own financial assumptions. See how high 847 00:41:38,200 --> 00:41:40,680 Speaker 2: you'll return on investment in Grizzly AI. Could be one 848 00:41:40,800 --> 00:41:45,600 Speaker 2: net plus Grizzly AI helping you succeed in business Pasking 849 00:41:45,760 --> 00:41:48,160 Speaker 2: seven twenty three. We are not unique, but we are 850 00:41:48,239 --> 00:41:51,120 Speaker 2: most definitely different from the way we were. Once again, Ah, 851 00:41:51,320 --> 00:41:54,760 Speaker 2: once again, we're into exam season. Once again, the flurry 852 00:41:54,840 --> 00:41:57,480 Speaker 2: of stories, of questions that can't be answered, the tears 853 00:41:57,520 --> 00:42:00,400 Speaker 2: that flow the end of the world that's ensuing comfort. 854 00:42:01,000 --> 00:42:02,920 Speaker 2: The same number of stories are floating about at the 855 00:42:03,000 --> 00:42:06,239 Speaker 2: moments currently in Australia for context, the last time I 856 00:42:06,320 --> 00:42:09,480 Speaker 2: did exams, these tears and high drama were nowhere to 857 00:42:09,520 --> 00:42:12,239 Speaker 2: be seen. So what has happened? Is it possible the 858 00:42:12,320 --> 00:42:14,640 Speaker 2: way we study has changed? Is it possible? Or the 859 00:42:14,760 --> 00:42:18,080 Speaker 2: mocks that had taken lead you into an area of confusion, 860 00:42:18,080 --> 00:42:20,520 Speaker 2: whereby unless the real exam looks remarkably similar to the 861 00:42:20,600 --> 00:42:23,160 Speaker 2: ones you've just practiced on, you freak out. Is it 862 00:42:23,239 --> 00:42:25,359 Speaker 2: possible because of the way we teach it's too rote 863 00:42:25,680 --> 00:42:27,920 Speaker 2: In other words, you can parrot back what has just 864 00:42:28,000 --> 00:42:30,200 Speaker 2: been said to you, but you can't extrapolate it out. 865 00:42:30,760 --> 00:42:33,400 Speaker 2: Is it also possible that exams and entry to university 866 00:42:33,480 --> 00:42:35,600 Speaker 2: has become such a big deal The whole of the 867 00:42:35,719 --> 00:42:38,439 Speaker 2: future of your life is flashing in front of your eyes, 868 00:42:38,480 --> 00:42:41,000 Speaker 2: and unless it appears to have gone well, you have 869 00:42:41,239 --> 00:42:44,840 Speaker 2: no future. Perhaps my advantage was I wasn't going to university. 870 00:42:44,920 --> 00:42:46,440 Speaker 2: Eye was out into the world to get on with it, 871 00:42:46,840 --> 00:42:49,920 Speaker 2: and what I needed was university entrants, preferably endorsed, and 872 00:42:50,000 --> 00:42:51,879 Speaker 2: that would give me, at the very least a foot 873 00:42:51,920 --> 00:42:54,279 Speaker 2: in the door of a job. Yes, exams seemed hard, 874 00:42:54,320 --> 00:42:56,160 Speaker 2: of course they did. Yes, a lot of people were nervous, 875 00:42:56,400 --> 00:42:58,160 Speaker 2: And yes, a lot of people after the exam as 876 00:42:58,239 --> 00:43:00,160 Speaker 2: we wandered off home, either ran the line that it 877 00:43:00,239 --> 00:43:02,080 Speaker 2: was a nightmare and I don't stand a chance, or 878 00:43:02,200 --> 00:43:04,480 Speaker 2: that was so easy, I couldn't believe my luck. And 879 00:43:04,600 --> 00:43:06,480 Speaker 2: we ran those lines, by the way, no matter what 880 00:43:06,560 --> 00:43:09,000 Speaker 2: it actually happened, because we were full of it. But 881 00:43:09,120 --> 00:43:12,000 Speaker 2: what we didn't do was melt down. The media didn't 882 00:43:12,000 --> 00:43:14,760 Speaker 2: cover the fallout. We had no headlines. We were simply 883 00:43:14,880 --> 00:43:17,400 Speaker 2: kids doing exams and sometimes they went well and sometimes 884 00:43:17,440 --> 00:43:19,600 Speaker 2: they didn't. I wish I knew then. 885 00:43:19,520 --> 00:43:20,279 Speaker 6: What I know now. 886 00:43:20,480 --> 00:43:23,879 Speaker 2: School is but a fleeting moment in time that will 887 00:43:23,920 --> 00:43:28,360 Speaker 2: seem increasingly irrelevant, although it's your whole world, or at 888 00:43:28,440 --> 00:43:30,520 Speaker 2: least a decent chunk of your world when you're a kid. 889 00:43:30,560 --> 00:43:33,880 Speaker 2: Of course, ultimately it will all be put into perspective. 890 00:43:34,239 --> 00:43:37,520 Speaker 2: Life in its success is rarely, if ever, defined by 891 00:43:37,560 --> 00:43:40,480 Speaker 2: what you did in year twelve or thirteen, or Form 892 00:43:40,680 --> 00:43:43,719 Speaker 2: six and Form seven. Maybe we could teach a little 893 00:43:43,760 --> 00:43:47,879 Speaker 2: more of that, Lasky, like this abuse business happened years ago. 894 00:43:48,000 --> 00:43:52,520 Speaker 2: Move on, great thought, So you got your house invaded 895 00:43:52,840 --> 00:43:56,760 Speaker 2: and all your stuff got taken and your house got torched. 896 00:43:57,640 --> 00:43:59,239 Speaker 2: And then the police come to you three and a 897 00:43:59,239 --> 00:44:01,279 Speaker 2: half years later and go we finally track them down. 898 00:44:01,360 --> 00:44:05,880 Speaker 2: You go, oh that now I was years ago. Move on, 899 00:44:06,320 --> 00:44:08,879 Speaker 2: Speaking of houses, do you want some numbers this morning? 900 00:44:08,960 --> 00:44:11,280 Speaker 2: QB House Price Index three months to the end of October. 901 00:44:11,320 --> 00:44:13,719 Speaker 2: I know you're fizzing because it's Christmas. Average price nine 902 00:44:13,840 --> 00:44:15,840 Speaker 2: hundred and two hundred and thirty one dollars. How does 903 00:44:15,880 --> 00:44:19,200 Speaker 2: that sound to you? Still severely constricted by strong economic 904 00:44:19,280 --> 00:44:22,279 Speaker 2: headwinds despite recent interest rate reductions. That's the view of 905 00:44:22,320 --> 00:44:24,920 Speaker 2: what's going on Auckland for the three months down a 906 00:44:24,960 --> 00:44:27,319 Speaker 2: smedge less than a percent point eight christ to point 907 00:44:27,360 --> 00:44:30,680 Speaker 2: two Hamilton point six, tow wrong is material one point 908 00:44:30,760 --> 00:44:33,560 Speaker 2: six down? Don't be too depressed. The Stun's still shining 909 00:44:33,600 --> 00:44:37,520 Speaker 2: and the mount's still good. Wellington two point three, good 910 00:44:37,560 --> 00:44:40,440 Speaker 2: old Wellington. That Crown Monitor will help, though. I think 911 00:44:40,480 --> 00:44:42,960 Speaker 2: once the Crown Monitor starts to day, house prices will rise. 912 00:44:43,080 --> 00:44:46,120 Speaker 2: It's my pick. Three urban areas have gone up. Nelson 913 00:44:46,200 --> 00:44:48,920 Speaker 2: Boom one point three, Queenstown one point two, fungar Ray 914 00:44:49,040 --> 00:44:51,600 Speaker 2: zero point three. There has been a marked in the 915 00:44:51,680 --> 00:44:53,439 Speaker 2: writer call this couple of weeks ago, I said, watch, 916 00:44:53,719 --> 00:44:56,720 Speaker 2: there's been a marked increase in consumer confidence, notable mindset 917 00:44:56,760 --> 00:44:59,919 Speaker 2: shift in recent times. I'm feeling better. How about you? First, 918 00:45:00,320 --> 00:45:02,160 Speaker 2: I'm feeling better now than I felt all year, and 919 00:45:02,280 --> 00:45:04,160 Speaker 2: I felt pretty bloody good all year. To be frank, 920 00:45:04,640 --> 00:45:07,640 Speaker 2: first time home buyers. Gosh, who would have thought they're 921 00:45:07,640 --> 00:45:10,520 Speaker 2: the largest, most active by group. But what happened to 922 00:45:10,520 --> 00:45:12,320 Speaker 2: all those stories about them not being able to afford 923 00:45:12,320 --> 00:45:13,880 Speaker 2: a house and being locked out of the market? Hold on, 924 00:45:14,600 --> 00:45:18,160 Speaker 2: what happened there? Could that be fake news? Don't you worry? 925 00:45:18,200 --> 00:45:21,759 Speaker 2: Trump's onto that hill? A pointers are of fake news, 926 00:45:21,920 --> 00:45:23,960 Speaker 2: Christopher Luxens, But moments away. 927 00:45:25,680 --> 00:45:30,440 Speaker 1: Your trusted source for news and fews, the Mike Hosking Breakfast. 928 00:45:30,560 --> 00:45:34,040 Speaker 1: It's with the range Rover, the la designed to intrigue. 929 00:45:34,120 --> 00:45:40,040 Speaker 1: Can use togs, that'd be m Mike. 930 00:45:40,120 --> 00:45:42,279 Speaker 2: Mister Luckson needs to grow up peer and show less 931 00:45:42,280 --> 00:45:45,680 Speaker 2: support for the hecoy bs and a little more for 932 00:45:45,800 --> 00:45:48,200 Speaker 2: David Seymour, who's sticking up for all New Zealanders, which 933 00:45:48,239 --> 00:45:51,360 Speaker 2: is what mister Luckson was elected to do. Here's the 934 00:45:51,400 --> 00:45:54,520 Speaker 2: interesting thing for me, and I tried to articulate it 935 00:45:54,560 --> 00:45:57,480 Speaker 2: the other day. Briefly, what I think with the evolution 936 00:45:57,800 --> 00:46:00,279 Speaker 2: of MMP as happening in front of our eyes we 937 00:46:00,440 --> 00:46:02,920 Speaker 2: just haven't realized it yet, is at long last we're 938 00:46:02,960 --> 00:46:05,680 Speaker 2: reaching a level of maturity for the mixed member of 939 00:46:05,760 --> 00:46:08,440 Speaker 2: proportional system. Because what's happened traditionally, and if you go 940 00:46:08,560 --> 00:46:11,480 Speaker 2: back for several governments, occasionally you got a small party 941 00:46:11,520 --> 00:46:14,960 Speaker 2: in the small parties would sit around their four five 942 00:46:15,120 --> 00:46:17,279 Speaker 2: six percent? Do they make it back? Do they not? 943 00:46:17,440 --> 00:46:19,719 Speaker 2: The supplied to Act, the supply to and that's where 944 00:46:19,719 --> 00:46:22,160 Speaker 2: they came up with a special APSOM deal. It applied 945 00:46:22,200 --> 00:46:24,440 Speaker 2: to New Zealand. First the Green seem to have cemented 946 00:46:24,480 --> 00:46:27,120 Speaker 2: themselves in a permanent five plus sort of situation. Now 947 00:46:27,400 --> 00:46:29,360 Speaker 2: the Maori Party will never be five plus, so they 948 00:46:29,440 --> 00:46:33,480 Speaker 2: need the electorate seat of Yat the point being, it 949 00:46:33,640 --> 00:46:35,800 Speaker 2: sort of never really worked the way it was supposed to. 950 00:46:36,120 --> 00:46:38,360 Speaker 2: In other words, you were supposed to get this flourishing 951 00:46:38,480 --> 00:46:41,960 Speaker 2: array of smallish parties that had the potential to turn 952 00:46:42,000 --> 00:46:43,920 Speaker 2: them to medium sized parties have a sort of a 953 00:46:44,000 --> 00:46:46,880 Speaker 2: permanent presence in the political landscape, and then we'd all 954 00:46:47,000 --> 00:46:49,920 Speaker 2: choose from that. And then occasionally in the Murray Party's 955 00:46:49,920 --> 00:46:51,839 Speaker 2: a very good example, and the Peter Sharples. Of course, 956 00:46:52,320 --> 00:46:54,440 Speaker 2: when they did get to government, we all decided we 957 00:46:54,520 --> 00:46:56,640 Speaker 2: didn't like the small parties and they vanished. So you 958 00:46:56,760 --> 00:46:59,600 Speaker 2: got to government, then you have disappeared. That now seems 959 00:46:59,680 --> 00:47:02,480 Speaker 2: to be changing. And my theory is this, my working 960 00:47:02,560 --> 00:47:05,600 Speaker 2: theory at the moment, is that these two parties in government, 961 00:47:05,640 --> 00:47:08,000 Speaker 2: the smaller parties act in New Zealand first, are going 962 00:47:08,080 --> 00:47:11,200 Speaker 2: to as long as things hold together, cement themselves in 963 00:47:11,239 --> 00:47:14,160 Speaker 2: a permanent basis on the New Zealand political landscape. In 964 00:47:14,280 --> 00:47:17,080 Speaker 2: other words, we will be able to work out subliminally 965 00:47:17,320 --> 00:47:21,480 Speaker 2: or not, that three people can work together comparatively, cohesively, 966 00:47:21,960 --> 00:47:23,640 Speaker 2: and we can still vote for them, still look at 967 00:47:23,640 --> 00:47:27,279 Speaker 2: their options, and they can still be individuals ideologically in 968 00:47:27,360 --> 00:47:30,680 Speaker 2: policy wise and offer a selection of ideas for the voter. 969 00:47:31,040 --> 00:47:34,320 Speaker 2: And that is no bad thing if you broadly support MMP. 970 00:47:35,000 --> 00:47:36,759 Speaker 2: What will happen at the moment, And I think this 971 00:47:37,000 --> 00:47:40,439 Speaker 2: is the stalking horse, the trojan horse, This particular bill 972 00:47:40,480 --> 00:47:42,359 Speaker 2: of David Seymore's, it's not going to work this time, 973 00:47:42,400 --> 00:47:44,000 Speaker 2: but he's going to take it to twenty twenty six, 974 00:47:44,080 --> 00:47:47,360 Speaker 2: and I think it will be worth some votes, and 975 00:47:47,480 --> 00:47:49,720 Speaker 2: it will be worth some votes at the expense of National, 976 00:47:50,280 --> 00:47:53,239 Speaker 2: who I think David Seymour is right and saying are 977 00:47:53,280 --> 00:47:56,480 Speaker 2: a bit scared to deal with the hard stuff. I 978 00:47:56,600 --> 00:47:58,440 Speaker 2: might be wrong, but I don't think I am anyway. 979 00:47:58,520 --> 00:48:01,080 Speaker 2: The point of that being is that we will see 980 00:48:01,320 --> 00:48:03,960 Speaker 2: National as a centrist largish party. They will not be 981 00:48:04,000 --> 00:48:05,959 Speaker 2: as large as they have been normal Labor ever again. 982 00:48:06,520 --> 00:48:08,440 Speaker 2: And then we will see ACT as a sort of 983 00:48:08,520 --> 00:48:13,040 Speaker 2: a libertarian type party with some specific policies that we 984 00:48:13,160 --> 00:48:15,560 Speaker 2: may or may not be interested in. Same applies to 985 00:48:15,640 --> 00:48:18,480 Speaker 2: New Zealand first, and I think that's how MMP's unfolding. 986 00:48:18,920 --> 00:48:20,840 Speaker 2: Why am I telling you the story at this particular 987 00:48:20,920 --> 00:48:25,000 Speaker 2: point in time, Well developments, Christopher Luxen is not able 988 00:48:25,040 --> 00:48:28,840 Speaker 2: to be with us. I tried very hard and I 989 00:48:28,920 --> 00:48:31,759 Speaker 2: thought it was a half decent idea. He's due on 990 00:48:31,800 --> 00:48:36,320 Speaker 2: the phone in two one now seven forty on the 991 00:48:36,400 --> 00:48:41,280 Speaker 2: dot with mister d Trump of Well marri Lago currently 992 00:48:41,440 --> 00:48:44,520 Speaker 2: shortly to be Washington. Anyway, if that call goes ahead 993 00:48:44,600 --> 00:48:47,600 Speaker 2: on time, which it's supposed to be literally ringing our hello, 994 00:48:48,120 --> 00:48:50,600 Speaker 2: that's supposed to be happening now, it won't be, of course, 995 00:48:50,640 --> 00:48:52,520 Speaker 2: because Crump's never been on time in his life. So 996 00:48:52,680 --> 00:48:55,160 Speaker 2: my idea was to get luxon on a couple of 997 00:48:55,239 --> 00:48:58,279 Speaker 2: moments ago, go good morning, start chatting, and he was 998 00:48:58,360 --> 00:49:01,399 Speaker 2: going to go, Mike, Mike, I've got to go, I've 999 00:49:01,440 --> 00:49:03,680 Speaker 2: got to go. Donald's on the phone, at which point 1000 00:49:03,760 --> 00:49:05,920 Speaker 2: I would have gone, no problem, give us a call 1001 00:49:06,000 --> 00:49:06,680 Speaker 2: back when you're done. 1002 00:49:06,880 --> 00:49:09,960 Speaker 4: In fact, more realistically, given what we've seen of Trump's 1003 00:49:09,960 --> 00:49:12,360 Speaker 4: appearances in the past, because we watch them pretty closely, 1004 00:49:12,440 --> 00:49:17,239 Speaker 4: here you get the appearing soon across the bottom of 1005 00:49:17,280 --> 00:49:20,000 Speaker 4: the screen, that goes for about they use that for 1006 00:49:20,080 --> 00:49:22,959 Speaker 4: about two hours exactly, and then they change to any 1007 00:49:23,040 --> 00:49:25,839 Speaker 4: moment exactly, and that goes for about another half an 1008 00:49:25,880 --> 00:49:28,600 Speaker 4: hour to forty five minutes, and then Trump appears. So 1009 00:49:28,960 --> 00:49:32,200 Speaker 4: really we could have talked to the Prime minister probably 1010 00:49:32,360 --> 00:49:33,359 Speaker 4: for about an hour and a half. 1011 00:49:33,760 --> 00:49:35,040 Speaker 2: My bet his luck is not going to be on 1012 00:49:35,080 --> 00:49:37,520 Speaker 2: the phone before nine o'clock, and that's going to interfere 1013 00:49:37,560 --> 00:49:39,600 Speaker 2: with the apology for the day and the whole thing. Anyway, 1014 00:49:39,640 --> 00:49:41,440 Speaker 2: point being, he's supposed to be on the phone right 1015 00:49:41,480 --> 00:49:44,080 Speaker 2: now with Donald Trump. Now here's the good news. Once 1016 00:49:44,160 --> 00:49:47,320 Speaker 2: he's finished with the call. The reason he couldn't come on. 1017 00:49:47,400 --> 00:49:49,440 Speaker 2: There are two reasons he couldn't come on initially to 1018 00:49:49,520 --> 00:49:51,000 Speaker 2: go Hi. You know, I've got to go and talk 1019 00:49:51,040 --> 00:49:52,920 Speaker 2: to Donald There are two reasons. One he's got no 1020 00:49:53,040 --> 00:49:55,920 Speaker 2: sense of humor. Because I see I said, come on, 1021 00:49:56,080 --> 00:49:57,879 Speaker 2: come on to the program, let's do it. He goes, 1022 00:49:58,320 --> 00:50:00,560 Speaker 2: we can't need that. And the other reason was he's 1023 00:50:00,560 --> 00:50:04,239 Speaker 2: got to have a briefing, a briefing for a phone call, like, 1024 00:50:04,640 --> 00:50:07,000 Speaker 2: here are the things that you know, Who's what do 1025 00:50:07,080 --> 00:50:10,160 Speaker 2: you reckon? Donald Trump's going to raise who would know? 1026 00:50:10,440 --> 00:50:13,359 Speaker 2: Guarantee you and I will ask him this, how long 1027 00:50:13,560 --> 00:50:16,799 Speaker 2: through the phone call was it before Donald Trump raised 1028 00:50:16,800 --> 00:50:20,480 Speaker 2: Bob Charles and or Lydia Coe? Because I guarantee you 1029 00:50:20,560 --> 00:50:22,360 Speaker 2: he's going to do that. Anyway. The upshot of that 1030 00:50:22,600 --> 00:50:25,879 Speaker 2: is Luxeon's on the phone with Donald Trump, allegedly as 1031 00:50:25,960 --> 00:50:28,719 Speaker 2: we speak. The moment he hangs up the phone, he's 1032 00:50:28,800 --> 00:50:30,920 Speaker 2: going to ring us back and he's going to tell 1033 00:50:31,000 --> 00:50:31,560 Speaker 2: us all about it. 1034 00:50:31,640 --> 00:50:33,120 Speaker 4: Do you reckon? He give us all Bob Charles in 1035 00:50:33,160 --> 00:50:33,520 Speaker 4: the shower. 1036 00:50:34,760 --> 00:50:38,480 Speaker 2: Good question that if I was Luxon, That's what I'd 1037 00:50:38,560 --> 00:50:41,640 Speaker 2: throw to lighten the mood. Was he like Arnold Palmer 1038 00:50:42,520 --> 00:50:43,200 Speaker 2: or not? Really? 1039 00:50:44,040 --> 00:50:48,759 Speaker 1: Eighteen two good the Mike Asking Breakfast Full Show podcast 1040 00:50:48,960 --> 00:50:51,399 Speaker 1: on iHeartRadio powered by News Talks. 1041 00:50:51,440 --> 00:50:53,560 Speaker 2: It'd be seven forty five. Let me come to Winston 1042 00:50:53,600 --> 00:50:55,960 Speaker 2: Peters in a moment, who's been making headlines in Australia 1043 00:50:56,000 --> 00:50:57,760 Speaker 2: in the last couple of days, just to quickly update 1044 00:50:57,800 --> 00:50:59,640 Speaker 2: you on Trump, not the phone call, but home and 1045 00:50:59,719 --> 00:51:03,120 Speaker 2: you know, but of course he's the borders are Staphanic 1046 00:51:03,520 --> 00:51:06,840 Speaker 2: Elease congresswoman who's going to be the representative at the 1047 00:51:06,920 --> 00:51:11,640 Speaker 2: United Nations for the United States. The Senate Republicans are 1048 00:51:11,680 --> 00:51:15,080 Speaker 2: going to be voting on a secret ballot on Thursday 1049 00:51:15,360 --> 00:51:17,960 Speaker 2: as to who they want to lead them are Rick 1050 00:51:18,000 --> 00:51:21,759 Speaker 2: Scott's the hot ticket. The thinking is Rick Scott's very 1051 00:51:21,800 --> 00:51:26,200 Speaker 2: aligned with Trump, and that's going to be important because 1052 00:51:26,360 --> 00:51:29,960 Speaker 2: it is generally suggested that to do some of the 1053 00:51:30,000 --> 00:51:33,240 Speaker 2: stuff he wants to do, particularly on tariffs in the Senate, 1054 00:51:33,280 --> 00:51:37,759 Speaker 2: he's going to need the void, the filibuster, or if 1055 00:51:37,800 --> 00:51:40,880 Speaker 2: he's got to get to the sixty votes, remembering, of 1056 00:51:40,880 --> 00:51:43,719 Speaker 2: course there's one hundred votes in the Senate, and he 1057 00:51:43,880 --> 00:51:46,640 Speaker 2: does need the filibuster or in other word, sixty votes, 1058 00:51:47,040 --> 00:51:50,040 Speaker 2: he is going to need somebody like Rick Scott to 1059 00:51:50,320 --> 00:51:55,400 Speaker 2: whip them into shape. As regards the House, they currently 1060 00:51:56,719 --> 00:51:59,560 Speaker 2: need to eighteen. They've got to fifteen. This is the 1061 00:51:59,640 --> 00:52:02,640 Speaker 2: lower The Republicans have got two fifteen and the Dems 1062 00:52:02,680 --> 00:52:06,560 Speaker 2: have got to ten. So they're still working on that 1063 00:52:07,120 --> 00:52:09,680 Speaker 2: as to the final vote and the final makeup, but 1064 00:52:09,840 --> 00:52:13,000 Speaker 2: it looks like the Republicans are going to retain the House. 1065 00:52:13,719 --> 00:52:17,680 Speaker 2: They've flipped the Senate and they've got the White House meantime. 1066 00:52:17,960 --> 00:52:20,759 Speaker 2: Also interesting is Trump's team refused to comment on the 1067 00:52:20,840 --> 00:52:24,120 Speaker 2: alleged phone call with the Kremlin. I say alleged because 1068 00:52:24,120 --> 00:52:28,120 Speaker 2: the Kremlin said there was no phone call. So that's weird. 1069 00:52:29,800 --> 00:52:33,040 Speaker 2: Let's come to Winston Peters has been in Australia making headlines. 1070 00:52:33,600 --> 00:52:36,920 Speaker 2: So he's blasted the Australian government's inquiry into the handling 1071 00:52:36,960 --> 00:52:38,719 Speaker 2: of the pandemic. So we reported on the pro again, 1072 00:52:38,800 --> 00:52:40,640 Speaker 2: was it two weeks ago something like that? Possibly only 1073 00:52:40,680 --> 00:52:42,960 Speaker 2: a week ago they put the report out. The most 1074 00:52:43,000 --> 00:52:45,440 Speaker 2: significant thing about the COVID inquiry in Australia was one 1075 00:52:45,480 --> 00:52:47,239 Speaker 2: they got it out in front of us. He would 1076 00:52:47,280 --> 00:52:50,239 Speaker 2: criticize that and has done so. But the biggest point 1077 00:52:50,520 --> 00:52:53,919 Speaker 2: was it's lot the people have lost trust. In other words, 1078 00:52:53,960 --> 00:52:56,160 Speaker 2: of a pandemic came along again, and let's be frank, 1079 00:52:56,239 --> 00:52:59,480 Speaker 2: probably will Would it be the same as last time? 1080 00:52:59,560 --> 00:53:03,400 Speaker 2: My aunt's was yes, given that basically it's luck as 1081 00:53:03,440 --> 00:53:05,839 Speaker 2: to who's running the country at the time, and if 1082 00:53:05,880 --> 00:53:07,520 Speaker 2: it was the same as last time, how much of 1083 00:53:07,560 --> 00:53:09,200 Speaker 2: it would you go along with? And the answer is 1084 00:53:09,239 --> 00:53:11,720 Speaker 2: next to none, and that in that is the real problem. 1085 00:53:12,280 --> 00:53:16,279 Speaker 2: So Peters, having arrived in Australia, said, you guys haven't 1086 00:53:16,280 --> 00:53:19,879 Speaker 2: had a review, You've had a whitewash, and I'm out 1087 00:53:19,960 --> 00:53:22,239 Speaker 2: to make sure it doesn't happen in my country. We're 1088 00:53:22,320 --> 00:53:25,080 Speaker 2: going to get to the truth. Obvious question at that 1089 00:53:25,160 --> 00:53:27,359 Speaker 2: particular point in time, and of lux and terms after 1090 00:53:27,400 --> 00:53:29,960 Speaker 2: the phone call, the question what is the truth? He's 1091 00:53:30,000 --> 00:53:33,840 Speaker 2: talking obviously and referencing things like vaccines. Our response became 1092 00:53:33,880 --> 00:53:36,000 Speaker 2: a disaster. This is Peter's talking to the Australian media. 1093 00:53:36,040 --> 00:53:40,560 Speaker 2: Became a disaster over time and as basic factual incredulities 1094 00:53:40,640 --> 00:53:43,160 Speaker 2: were ignored in a bit to stamp out the virus. 1095 00:53:43,160 --> 00:53:46,360 Speaker 2: Shutting schools, he argues for extended periods was a damaging decision. 1096 00:53:46,880 --> 00:53:49,840 Speaker 2: Children were the least vulnerable and we know that, and 1097 00:53:49,960 --> 00:53:52,200 Speaker 2: we shut the whole thing down. Mind you remember he 1098 00:53:52,360 --> 00:53:55,280 Speaker 2: was coming out of the government of course seventeen through twenty. 1099 00:53:55,800 --> 00:53:57,760 Speaker 2: The cost in New Zealand is that we're still struggling 1100 00:53:57,840 --> 00:54:00,680 Speaker 2: to come out of that malaise that is scentuated by 1101 00:54:00,719 --> 00:54:03,799 Speaker 2: our massive levels of truancy. If we hadn't closed our 1102 00:54:03,840 --> 00:54:05,920 Speaker 2: primary schools, that would not have happened. But there's an 1103 00:54:06,000 --> 00:54:08,239 Speaker 2: unwillingness to say we got it wrong, and I think 1104 00:54:08,239 --> 00:54:10,279 Speaker 2: that's the strongest point. There is an unwillingness to say 1105 00:54:10,280 --> 00:54:13,239 Speaker 2: we got it wrong when we eventually produce our Royal 1106 00:54:13,280 --> 00:54:17,120 Speaker 2: Commissions Report numbers one and two. Lord knows when that is. 1107 00:54:17,760 --> 00:54:20,400 Speaker 2: Do you think anybody at the time your hipkins Eurodoerns, 1108 00:54:21,040 --> 00:54:23,239 Speaker 2: if we can find it, are going to go yep. 1109 00:54:23,400 --> 00:54:27,160 Speaker 2: Probably an excellent point. We apologize we wouldn't do the 1110 00:54:27,239 --> 00:54:30,080 Speaker 2: same again. Or is that particular aport going to get 1111 00:54:30,120 --> 00:54:33,880 Speaker 2: stuck on a shelf somewhere The trans Tasman relationship, He 1112 00:54:34,040 --> 00:54:36,960 Speaker 2: moves on to other areas. The trans Tasman relationship has 1113 00:54:37,000 --> 00:54:40,320 Speaker 2: been strained, he says, by the Alderneezy government's adoption of 1114 00:54:40,360 --> 00:54:42,520 Speaker 2: the new immigration rule. This is Direction one p one 1115 00:54:42,640 --> 00:54:45,759 Speaker 2: zero one ten, which replaced Direction ninety nine. This is 1116 00:54:45,800 --> 00:54:47,399 Speaker 2: the five ozho Ones, of course, and he got himself 1117 00:54:47,440 --> 00:54:50,080 Speaker 2: in dreadful trouble, so he changed the rules. Australia's had 1118 00:54:50,080 --> 00:54:53,600 Speaker 2: a massive beneficiary, or been a massive beneficiary of New 1119 00:54:53,680 --> 00:54:57,680 Speaker 2: Zealand's education and skill system, and Australia needed to recognize 1120 00:54:57,719 --> 00:55:00,840 Speaker 2: that more openly and more often. So that's that's Winston 1121 00:55:00,880 --> 00:55:04,680 Speaker 2: Peter's little sojourn to Australia to put them right. And 1122 00:55:04,760 --> 00:55:07,040 Speaker 2: can I just be frank and saying this, I'm more 1123 00:55:07,120 --> 00:55:09,960 Speaker 2: in love with Winston Peter's every day. I think he's 1124 00:55:09,960 --> 00:55:11,600 Speaker 2: at a point in his life where he doesn't give 1125 00:55:11,640 --> 00:55:13,879 Speaker 2: the monkeys. He's on a bit of a roll. Things 1126 00:55:13,880 --> 00:55:16,600 Speaker 2: are going well for him. He's behaving nicely in a coalition. 1127 00:55:16,880 --> 00:55:19,520 Speaker 2: He speaks as mine and God bless them for doing that. 1128 00:55:19,840 --> 00:55:21,800 Speaker 4: Man, you keep going on like that, He's going to 1129 00:55:21,840 --> 00:55:22,879 Speaker 4: start getting your name right. 1130 00:55:23,560 --> 00:55:27,200 Speaker 2: Ten minutes away from eight the Mike Hosking Breakfast with 1131 00:55:27,520 --> 00:55:30,760 Speaker 2: Bailey's Real Estate Hugh's talk, said Mike, speaking of reports 1132 00:55:30,800 --> 00:55:32,520 Speaker 2: that have been buried, what about that reporting of the 1133 00:55:32,560 --> 00:55:34,360 Speaker 2: misuse of sensus started by the Murray Party in the 1134 00:55:34,400 --> 00:55:36,840 Speaker 2: last election. That's not been buried, It hasn't been produced. 1135 00:55:36,880 --> 00:55:39,600 Speaker 2: They asked, I can't remember about a month ago for 1136 00:55:39,680 --> 00:55:42,680 Speaker 2: all extra time, and they got it, Mike. Fonterras received 1137 00:55:42,680 --> 00:55:44,719 Speaker 2: strong interest from global brands, but are looking at a 1138 00:55:44,800 --> 00:55:46,680 Speaker 2: fast sale. I don't know where you're getting a fast sale. 1139 00:55:46,680 --> 00:55:49,520 Speaker 2: They're not looking at a fast sale forever at all, 1140 00:55:49,680 --> 00:55:52,479 Speaker 2: so they're considering an IPO. What bollocks. An IPO takes 1141 00:55:52,480 --> 00:55:54,560 Speaker 2: age is quite correct, and so the sale's not happening 1142 00:55:54,640 --> 00:55:57,880 Speaker 2: until at least next year. They're selling everything, even the 1143 00:55:57,960 --> 00:56:01,160 Speaker 2: Sri Lanka business. I don't think that's true. I think 1144 00:56:01,280 --> 00:56:05,720 Speaker 2: yesterday they carved out Sri Lanka, and I think something 1145 00:56:05,800 --> 00:56:08,800 Speaker 2: in India, and I might be making this up, but 1146 00:56:08,840 --> 00:56:11,000 Speaker 2: I think there was something small in Africa as well. Anyway, 1147 00:56:11,040 --> 00:56:13,359 Speaker 2: clearly they've messed it up, and the farmers are saying 1148 00:56:13,440 --> 00:56:15,839 Speaker 2: sell the brands. China's dumped and the farmers would rather 1149 00:56:15,880 --> 00:56:18,160 Speaker 2: plant trees and way through at mud at five am 1150 00:56:18,239 --> 00:56:18,600 Speaker 2: every day. 1151 00:56:18,640 --> 00:56:19,400 Speaker 6: What I sin it. 1152 00:56:20,600 --> 00:56:22,879 Speaker 2: I think that my only regret is that they're selling 1153 00:56:22,880 --> 00:56:25,719 Speaker 2: off something quite valuable and when the right people get 1154 00:56:25,719 --> 00:56:27,920 Speaker 2: the right hands on it. The good thing about an IPO, 1155 00:56:28,000 --> 00:56:31,080 Speaker 2: by the way, would be that Fonterra, as I understand it, 1156 00:56:31,080 --> 00:56:35,360 Speaker 2: would retain some sort of interest in the company going forward, 1157 00:56:35,480 --> 00:56:38,359 Speaker 2: and I don't think that that's any bad thing, which 1158 00:56:38,440 --> 00:56:41,440 Speaker 2: brings as, by the way, just very quickly grateful and 1159 00:56:41,560 --> 00:56:43,319 Speaker 2: get through some of the back stuff I've been trying 1160 00:56:43,320 --> 00:56:46,600 Speaker 2: to They've got fifty thousand soldiers are massed. Many of 1161 00:56:46,640 --> 00:56:50,279 Speaker 2: these are North Koreans. This is the war. Many of 1162 00:56:50,320 --> 00:56:52,480 Speaker 2: these are North Koreans, and they've managed The important thing 1163 00:56:52,560 --> 00:56:54,799 Speaker 2: is they've managed to mass these troops without pulling any 1164 00:56:55,280 --> 00:56:58,560 Speaker 2: one out of the rest of the war in Kursk. 1165 00:56:59,200 --> 00:57:01,640 Speaker 2: So they've got a whole new force. So it's going 1166 00:57:01,719 --> 00:57:03,520 Speaker 2: to be interesting to see. And nobody seems to be 1167 00:57:03,640 --> 00:57:05,440 Speaker 2: noticed that. Nobody seems to have been bothered by the 1168 00:57:05,480 --> 00:57:07,959 Speaker 2: North Koreans joining the war. I mean, they've all gone, 1169 00:57:08,160 --> 00:57:09,520 Speaker 2: that's not really good. What we going to do about this? 1170 00:57:09,600 --> 00:57:11,960 Speaker 2: But they haven't done anything. No one's actually done anything 1171 00:57:12,000 --> 00:57:15,520 Speaker 2: about it. North Koreas entered the war with troops who 1172 00:57:15,640 --> 00:57:19,280 Speaker 2: are about to march, and nobody seems sort of do. 1173 00:57:19,320 --> 00:57:21,600 Speaker 4: You think they're waiting to see whether it's really going 1174 00:57:21,680 --> 00:57:23,240 Speaker 4: to be in an advantage to putin or it might 1175 00:57:23,280 --> 00:57:25,600 Speaker 4: be an advantage to Ukraine blow? I mean, how good 1176 00:57:25,600 --> 00:57:28,200 Speaker 4: are they I mean, I get that they're really good 1177 00:57:28,240 --> 00:57:31,000 Speaker 4: at marching perfectly in time, kicking their legs high in 1178 00:57:31,040 --> 00:57:32,520 Speaker 4: the air, but they're going to help them in a 1179 00:57:32,600 --> 00:57:33,080 Speaker 4: drone fight. 1180 00:57:33,200 --> 00:57:36,120 Speaker 2: A very good question, by the way, how long this 1181 00:57:36,240 --> 00:57:38,520 Speaker 2: is the question for the morning. How long would you 1182 00:57:38,600 --> 00:57:42,000 Speaker 2: know La Crusee? You know the cookware, it's good cookware, 1183 00:57:43,640 --> 00:57:46,640 Speaker 2: but how long would you queue for it? So a's 1184 00:57:46,640 --> 00:57:49,480 Speaker 2: a sale in Britain over the weekend and the que 1185 00:57:49,600 --> 00:57:53,600 Speaker 2: was four hours, and you go, well, was it a bargain? 1186 00:57:53,720 --> 00:57:55,920 Speaker 2: And the bargain it was fifty percent? It was a 1187 00:57:55,960 --> 00:57:59,400 Speaker 2: fifty percent off sale. So La Crusee is about as 1188 00:57:59,440 --> 00:58:01,120 Speaker 2: good as it gets. So if you're into cookwar and 1189 00:58:01,160 --> 00:58:05,160 Speaker 2: stuff like that, and I've looked at kitchens that other 1190 00:58:05,240 --> 00:58:07,960 Speaker 2: people have been in and they've enjoyed the experience of 1191 00:58:08,080 --> 00:58:10,720 Speaker 2: La Crusee, and fifty percent are reasonable there. So you 1192 00:58:10,800 --> 00:58:14,200 Speaker 2: buy a cast iron round casserole pot for three hundred 1193 00:58:14,200 --> 00:58:16,680 Speaker 2: instead of six hundred, so you're thinking, oh, yeah, why 1194 00:58:16,720 --> 00:58:19,960 Speaker 2: wouldn't you. You can buy a winey orator and poorer 1195 00:58:20,840 --> 00:58:24,200 Speaker 2: for twelve dollars instead of forty, So but the question 1196 00:58:24,400 --> 00:58:28,800 Speaker 2: is would you queue for four hours? It also involved, 1197 00:58:28,880 --> 00:58:31,840 Speaker 2: unfortunately the police, because they had to do a couple 1198 00:58:31,880 --> 00:58:33,520 Speaker 2: of things. Clear of the traffic, because the traffic was 1199 00:58:33,560 --> 00:58:36,720 Speaker 2: backed up for miles. And also people started in the 1200 00:58:36,760 --> 00:58:38,720 Speaker 2: four hour Q And this is my reason for asking 1201 00:58:38,800 --> 00:58:41,960 Speaker 2: the question how long before you get really edgy? And 1202 00:58:42,080 --> 00:58:44,920 Speaker 2: obviously four hours was too long. Hence the people started 1203 00:58:44,920 --> 00:58:47,480 Speaker 2: getting edgy, and of course the police were called in 1204 00:58:47,560 --> 00:58:48,240 Speaker 2: to calm things down. 1205 00:58:48,280 --> 00:58:50,800 Speaker 4: But is this the first edition of Mike Hoskin's Christmas 1206 00:58:50,840 --> 00:58:51,360 Speaker 4: Gift Guide? 1207 00:58:52,160 --> 00:58:54,600 Speaker 2: You can do a lot worse. It's a good point. 1208 00:58:54,880 --> 00:58:57,400 Speaker 2: You can do a lot worse than the crusee. La 1209 00:58:57,480 --> 00:58:59,360 Speaker 2: crusae is one of those things you buy for the 1210 00:58:59,640 --> 00:59:03,160 Speaker 2: person who loves to cook and who's always in the kitchen. 1211 00:59:03,400 --> 00:59:06,000 Speaker 2: And and the other thing about La Crusee is that 1212 00:59:06,120 --> 00:59:07,640 Speaker 2: you can never have too much La Crusee. 1213 00:59:08,200 --> 00:59:10,640 Speaker 4: Well, I like the way that you can get it 1214 00:59:10,760 --> 00:59:11,800 Speaker 4: in whatever color you want. 1215 00:59:12,640 --> 00:59:14,600 Speaker 2: I like orange original orange. 1216 00:59:14,680 --> 00:59:17,400 Speaker 4: Well, that doesn't seem to be an option. There's azure. 1217 00:59:18,080 --> 00:59:21,600 Speaker 2: What's that is that blue? Yes, it's nice meringue. Is 1218 00:59:21,640 --> 00:59:22,160 Speaker 2: that orange? 1219 00:59:22,520 --> 00:59:24,920 Speaker 4: No, that's a sort of a creamy color. No, you've 1220 00:59:24,920 --> 00:59:26,440 Speaker 4: got your shell pink. I thought you'd be into the 1221 00:59:26,480 --> 00:59:28,280 Speaker 4: shell pink. Actually, for some reason, I don't know why, 1222 00:59:28,280 --> 00:59:30,840 Speaker 4: I thought you'd like that the most. A garnet that's 1223 00:59:30,880 --> 00:59:32,400 Speaker 4: a red, that's me. 1224 00:59:32,680 --> 00:59:34,800 Speaker 2: But deep flint is that black. 1225 00:59:35,560 --> 00:59:37,760 Speaker 4: It's more of a gray. But then there's a satin 1226 00:59:37,840 --> 00:59:39,320 Speaker 4: black that seems to be the way. 1227 00:59:39,520 --> 00:59:42,320 Speaker 2: It's the only way to go to orange. Is Tom 1228 00:59:42,360 --> 00:59:45,640 Speaker 2: Gruber available to us this morning? Tom Gruber is coming on. 1229 00:59:46,040 --> 00:59:49,320 Speaker 2: Tom Gruber invented Siri. Now there's a claim Luxon's on 1230 00:59:49,400 --> 00:59:51,560 Speaker 2: the phone to Trump. Tom Gruber invented Surri. 1231 00:59:51,880 --> 00:59:53,520 Speaker 4: Hang on, They've got volcanic. That's orange. 1232 00:59:53,600 --> 00:59:56,160 Speaker 2: Okay, good news is next Tom's next. 1233 00:59:57,760 --> 01:00:01,520 Speaker 1: Setting and digging in are the issues? Is the Mic 1234 01:00:01,640 --> 01:00:06,360 Speaker 1: Hosking breakfast with Bailey's real Estate, your local experts across residential, 1235 01:00:06,440 --> 01:00:08,960 Speaker 1: commercial and rural news togs dead by. 1236 01:00:09,040 --> 01:00:10,560 Speaker 2: Just for the record, I think I'm on a roll. 1237 01:00:10,920 --> 01:00:13,040 Speaker 2: We were told a moment ago that Luxem will be 1238 01:00:13,080 --> 01:00:14,920 Speaker 2: here five passed, Then it was ten past, Now it's 1239 01:00:14,960 --> 01:00:18,280 Speaker 2: twenty five passed. And the point being, the call, as 1240 01:00:18,360 --> 01:00:21,720 Speaker 2: we're correctly surmised, never came through on time at twenty two, 1241 01:00:21,920 --> 01:00:23,920 Speaker 2: and I think was never going to. But we'll keep 1242 01:00:23,920 --> 01:00:25,440 Speaker 2: your post at seven past day. But of a deep 1243 01:00:25,480 --> 01:00:27,520 Speaker 2: guard in the meantime and AWAI for you is it 1244 01:00:27,600 --> 01:00:29,720 Speaker 2: going to change the world or not? Does anyone actually 1245 01:00:29,840 --> 01:00:31,320 Speaker 2: know whether it's going to change the world or not? 1246 01:00:31,400 --> 01:00:31,520 Speaker 6: Now? 1247 01:00:31,600 --> 01:00:34,919 Speaker 2: Tom Gruber is a computer scientist, psychologist, co founder of Siri, 1248 01:00:35,320 --> 01:00:37,120 Speaker 2: which is quite the claim Sury got sold of course 1249 01:00:37,160 --> 01:00:39,840 Speaker 2: to Apple. These days, he's an entrepreneur and co founder 1250 01:00:39,920 --> 01:00:43,080 Speaker 2: of an adaptive music company called life Score. He's in 1251 01:00:43,120 --> 01:00:46,160 Speaker 2: the country as part of Sparks, Ascalerate, Summits and Tom Grubers. 1252 01:00:46,160 --> 01:00:47,080 Speaker 2: Where's Tom Nice to meet? 1253 01:00:48,080 --> 01:00:48,680 Speaker 10: Good mining? 1254 01:00:49,120 --> 01:00:52,560 Speaker 2: The window when you come up with something brilliant is 1255 01:00:52,760 --> 01:00:55,040 Speaker 2: how big before you know somebody else is going to 1256 01:00:55,120 --> 01:00:55,480 Speaker 2: copy it? 1257 01:00:56,360 --> 01:00:56,400 Speaker 6: Ha? 1258 01:00:57,320 --> 01:01:00,120 Speaker 10: Well, the interesting thing about the brilliant idea of it 1259 01:01:00,520 --> 01:01:03,880 Speaker 10: wasn't ours. It had that idea of a personal assistant 1260 01:01:04,000 --> 01:01:07,160 Speaker 10: had been around since nineteen eighty seven. But what the 1261 01:01:07,280 --> 01:01:10,560 Speaker 10: window was for us was taking the time in history 1262 01:01:11,040 --> 01:01:13,440 Speaker 10: when the technology was ready, and that's what we did. 1263 01:01:13,520 --> 01:01:15,560 Speaker 10: And then we jumped on it. And we had only 1264 01:01:15,600 --> 01:01:18,640 Speaker 10: two years to build it before everyone could see it 1265 01:01:18,720 --> 01:01:19,640 Speaker 10: in the world and copy it. 1266 01:01:20,080 --> 01:01:23,040 Speaker 2: So what was the skill building it or seeing the window? 1267 01:01:24,360 --> 01:01:26,720 Speaker 10: Both? Actually it took a team, a small team, only 1268 01:01:26,760 --> 01:01:30,080 Speaker 10: twenty four people, but we saw the exact time when 1269 01:01:30,480 --> 01:01:33,160 Speaker 10: a set of technologies were ready, just barely good enough, 1270 01:01:33,720 --> 01:01:36,280 Speaker 10: and we went full speed on building out a thing 1271 01:01:36,480 --> 01:01:39,000 Speaker 10: and it worked, and nobody believed it could work, and 1272 01:01:39,040 --> 01:01:41,360 Speaker 10: then we showed it could, and then everyone believed they could. 1273 01:01:41,640 --> 01:01:42,760 Speaker 2: Did you build it to sell it? 1274 01:01:44,160 --> 01:01:44,200 Speaker 6: No? 1275 01:01:44,320 --> 01:01:46,240 Speaker 10: No, we built it to build up a real company. 1276 01:01:46,360 --> 01:01:48,720 Speaker 10: We had a really good business in e commerce on 1277 01:01:48,880 --> 01:01:51,440 Speaker 10: the on the phone and were We started working on 1278 01:01:51,520 --> 01:01:53,240 Speaker 10: this when the iPhone one came out, so at the 1279 01:01:53,400 --> 01:01:57,280 Speaker 10: very beginning of the modern mobile error, and we really 1280 01:01:57,280 --> 01:01:58,840 Speaker 10: thought that's what we're going to do. But hey, when 1281 01:01:58,840 --> 01:02:01,200 Speaker 10: Steve Jobs gives you a car, well it says, hey, 1282 01:02:01,240 --> 01:02:02,440 Speaker 10: you want to join forces with us? 1283 01:02:02,720 --> 01:02:03,200 Speaker 19: It's hard to. 1284 01:02:03,240 --> 01:02:03,800 Speaker 10: Turn that down. 1285 01:02:04,000 --> 01:02:05,439 Speaker 2: Exactly. Did it change your life? 1286 01:02:06,840 --> 01:02:10,080 Speaker 10: Absolutely? I mean my career ambition was to have impact. 1287 01:02:10,400 --> 01:02:12,280 Speaker 10: They have a lot of people's lives changed and it 1288 01:02:12,800 --> 01:02:15,960 Speaker 10: became an exponential bend in the curve impact when we 1289 01:02:16,080 --> 01:02:17,720 Speaker 10: joined forces with am really. 1290 01:02:17,560 --> 01:02:19,800 Speaker 2: Interesting that you say that, And I sort of knew 1291 01:02:19,840 --> 01:02:21,760 Speaker 2: you would because I've read about you and you seem 1292 01:02:21,840 --> 01:02:25,040 Speaker 2: to be looking to use tech for good? Is that fair? 1293 01:02:26,680 --> 01:02:29,960 Speaker 10: Definitely on the side of humanity. Yeah, we're there's tech 1294 01:02:30,000 --> 01:02:32,600 Speaker 10: for optimization for say, corporate profits, and then this tech 1295 01:02:32,720 --> 01:02:34,800 Speaker 10: for making people's lives better and it's easier to do 1296 01:02:34,840 --> 01:02:35,200 Speaker 10: that look. 1297 01:02:35,120 --> 01:02:37,600 Speaker 2: For that, which is the interface that fascinates me most. So, 1298 01:02:37,760 --> 01:02:40,280 Speaker 2: a good guy like you wants to do well by tech, 1299 01:02:40,480 --> 01:02:42,680 Speaker 2: but the world is dominated by people who love the 1300 01:02:42,720 --> 01:02:45,440 Speaker 2: bottom line more. How do they coexist? 1301 01:02:47,080 --> 01:02:50,720 Speaker 10: Well, it's very possible, especially in AI, where there's a 1302 01:02:50,800 --> 01:02:53,919 Speaker 10: limited talent pool, you can actually attract the very best 1303 01:02:54,040 --> 01:02:57,640 Speaker 10: people by having a higher goal. For example, open ai 1304 01:02:57,960 --> 01:03:00,680 Speaker 10: was originally founded as a nonprofit to give the benefits 1305 01:03:00,800 --> 01:03:04,160 Speaker 10: of AI to the world, and that's what attracted the 1306 01:03:04,320 --> 01:03:07,840 Speaker 10: very best AI scientists, which created the modern aichatbot. 1307 01:03:08,600 --> 01:03:11,440 Speaker 2: But I'm sure they said that when the invented the 1308 01:03:11,480 --> 01:03:14,000 Speaker 2: net as well, didn't they? And yet look what's happened 1309 01:03:14,040 --> 01:03:18,880 Speaker 2: to the net, the nest, the net, the Internet, Oh, 1310 01:03:18,960 --> 01:03:19,440 Speaker 2: the Internet. 1311 01:03:19,760 --> 01:03:22,040 Speaker 10: Well, actually that's very true. That's thirty years ago now, 1312 01:03:22,200 --> 01:03:24,600 Speaker 10: and hey, it did do some good things in the world. 1313 01:03:24,720 --> 01:03:27,200 Speaker 10: Did you connect us? It did change our collective mind. 1314 01:03:27,280 --> 01:03:30,000 Speaker 10: Unfortunately you didn't. You didn't anticipate social media and what 1315 01:03:30,080 --> 01:03:31,600 Speaker 10: that would do to journalism and we that would do 1316 01:03:31,720 --> 01:03:33,400 Speaker 10: to our social consciousness. 1317 01:03:33,520 --> 01:03:37,040 Speaker 2: Exactly. I'm not a techie like you, but here's my 1318 01:03:37,160 --> 01:03:40,000 Speaker 2: view of AI. AI will ultimately prove to be very 1319 01:03:40,080 --> 01:03:43,440 Speaker 2: broadly speaking, about the same as most other really big 1320 01:03:43,520 --> 01:03:45,760 Speaker 2: advances in tech. In other words, it won't be as 1321 01:03:45,880 --> 01:03:49,720 Speaker 2: transformative as you think, but it won't be as non transformative. 1322 01:03:49,760 --> 01:03:51,760 Speaker 2: It'll be somewhere in the middle. Is that a reasonable 1323 01:03:51,800 --> 01:03:53,000 Speaker 2: guess at this point in time. 1324 01:03:53,800 --> 01:03:56,000 Speaker 10: I would put my chips on the more transformative end 1325 01:03:56,040 --> 01:04:00,520 Speaker 10: of that. It's different than most technologies, and it is 1326 01:04:01,040 --> 01:04:04,160 Speaker 10: omni purpose. You can do all kinds of things pretty 1327 01:04:04,200 --> 01:04:06,720 Speaker 10: much anything involving language on the input and language on 1328 01:04:06,760 --> 01:04:11,080 Speaker 10: the output with this new technology, and that introduces but 1329 01:04:11,200 --> 01:04:14,440 Speaker 10: it cuts across all vertical industries. But anyone, anybody who 1330 01:04:14,440 --> 01:04:17,120 Speaker 10: has knowledge workers in their business, which is everybody, is 1331 01:04:17,160 --> 01:04:17,880 Speaker 10: going to be impacted. 1332 01:04:18,520 --> 01:04:22,840 Speaker 2: It bought for good or bad? And how extreme do 1333 01:04:23,000 --> 01:04:24,400 Speaker 2: you think, Well. 1334 01:04:24,320 --> 01:04:25,680 Speaker 10: There's two kinds of good and bad. I mean, the 1335 01:04:26,080 --> 01:04:28,600 Speaker 10: bad that really worries me a lot is the sort 1336 01:04:28,600 --> 01:04:32,440 Speaker 10: of unleashing deep fakes that dissolves people ability to know 1337 01:04:32,520 --> 01:04:36,160 Speaker 10: it's true and false, or you know, dangerous weaponized bought 1338 01:04:36,240 --> 01:04:39,080 Speaker 10: technologies that can break into our security and everything. Those 1339 01:04:39,120 --> 01:04:41,960 Speaker 10: things are tough and their system problems. But the other 1340 01:04:42,080 --> 01:04:44,360 Speaker 10: bad that maybe we're looking at Zealand. First, you know, 1341 01:04:44,400 --> 01:04:46,760 Speaker 10: everyone's worried about you're done and seeing job loss and 1342 01:04:46,840 --> 01:04:49,440 Speaker 10: so on. You know, the business cycle itself is causing that, 1343 01:04:49,560 --> 01:04:52,000 Speaker 10: but people are worried that AI will too. And that's 1344 01:04:52,080 --> 01:04:55,280 Speaker 10: the case where the humanistic AI approach says, you can 1345 01:04:55,400 --> 01:04:59,240 Speaker 10: invest your efforts and attention and money in areas where 1346 01:04:59,360 --> 01:05:04,160 Speaker 10: the AIS amplifying and changing existing human labor rather. 1347 01:05:04,080 --> 01:05:06,640 Speaker 2: Than seen it right, explain to me in a way 1348 01:05:06,680 --> 01:05:09,240 Speaker 2: that I can understand it might and so you go 1349 01:05:09,320 --> 01:05:12,040 Speaker 2: back to something like Siri. These things are only as 1350 01:05:12,120 --> 01:05:14,680 Speaker 2: good as what they tap into. So in other words, 1351 01:05:14,720 --> 01:05:17,360 Speaker 2: when I say, Siri, find me a recipe for tomato 1352 01:05:17,520 --> 01:05:20,600 Speaker 2: soup that trolls the net, if it's not on the net, 1353 01:05:20,680 --> 01:05:24,000 Speaker 2: it doesn't give you a decent answer. Does AI fundamentally 1354 01:05:24,160 --> 01:05:25,800 Speaker 2: and profoundly change. 1355 01:05:25,600 --> 01:05:26,200 Speaker 6: That or not? 1356 01:05:28,320 --> 01:05:30,800 Speaker 10: That kind of thing is essentially going to be the same. 1357 01:05:30,840 --> 01:05:34,960 Speaker 10: It's a slightly better interface to information retrieval then say 1358 01:05:35,080 --> 01:05:39,120 Speaker 10: just blue links and Google, but it is there's much 1359 01:05:39,160 --> 01:05:41,280 Speaker 10: more to it than that, because you can also ask 1360 01:05:41,280 --> 01:05:45,480 Speaker 10: that things like help me design an interesting new radio 1361 01:05:45,640 --> 01:05:49,360 Speaker 10: show using you know, I don't know, dancing rabbits or something, 1362 01:05:49,520 --> 01:05:51,200 Speaker 10: so you can help you can use. You can use 1363 01:05:51,200 --> 01:05:53,280 Speaker 10: it as an assistant to help you id eight things 1364 01:05:53,560 --> 01:05:55,640 Speaker 10: but are just not out there in the world. You 1365 01:05:55,680 --> 01:05:57,320 Speaker 10: can say, play the role of a critic, play the 1366 01:05:57,360 --> 01:05:59,760 Speaker 10: role of an employer, play the role of a whoever, 1367 01:06:00,360 --> 01:06:04,000 Speaker 10: and it will take that role, and you can then practice. 1368 01:06:04,320 --> 01:06:07,400 Speaker 10: You can use it as sort of an omnipurpose human assistant. 1369 01:06:07,800 --> 01:06:10,400 Speaker 10: There are crimes of things for you, but don't believe that. 1370 01:06:10,520 --> 01:06:11,680 Speaker 10: It tells you it's true, that's all. 1371 01:06:12,240 --> 01:06:13,760 Speaker 2: Is that retrieving to do? 1372 01:06:13,960 --> 01:06:14,000 Speaker 6: That? 1373 01:06:14,280 --> 01:06:17,080 Speaker 2: Is that retrieving stuff that's already there and therefore must 1374 01:06:17,200 --> 01:06:19,800 Speaker 2: source that? Or is it at a point will it 1375 01:06:19,880 --> 01:06:21,880 Speaker 2: be at a point where literally it may be able 1376 01:06:21,920 --> 01:06:24,680 Speaker 2: to do something we haven't even conceived or thought of yet. 1377 01:06:25,240 --> 01:06:27,720 Speaker 10: Oh oh, it doesn't retrieve anything to do. Sounds like 1378 01:06:27,760 --> 01:06:30,840 Speaker 10: that it's already baked into its model. Its model is 1379 01:06:30,920 --> 01:06:33,520 Speaker 10: essentially a very large compression of everything it's read, and 1380 01:06:33,560 --> 01:06:37,960 Speaker 10: it's read a million lifetimes of content, and so it's 1381 01:06:37,960 --> 01:06:40,600 Speaker 10: basically just all just smash that down into its model, 1382 01:06:40,800 --> 01:06:43,560 Speaker 10: and then it can use that. There's enough patterns of 1383 01:06:43,640 --> 01:06:46,000 Speaker 10: human thought that are in that model already, it can 1384 01:06:46,120 --> 01:06:48,200 Speaker 10: use that to do new novel things with you. But 1385 01:06:48,320 --> 01:06:50,520 Speaker 10: you have to tell it where to go. You can't 1386 01:06:50,560 --> 01:06:52,000 Speaker 10: just say, hey, give me a solution to the world. 1387 01:06:52,640 --> 01:06:54,520 Speaker 2: So at what point does it take over the world, 1388 01:06:54,920 --> 01:06:56,800 Speaker 2: Because if it has to be told what to do, 1389 01:06:57,080 --> 01:06:59,280 Speaker 2: it needs to at some point think for itself. When 1390 01:06:59,320 --> 01:06:59,919 Speaker 2: does that happen? 1391 01:07:01,080 --> 01:07:03,120 Speaker 10: Well, that will probably if that happen, it'll probably happen 1392 01:07:03,120 --> 01:07:06,120 Speaker 10: because a bad actor tells you that, and that's what 1393 01:07:06,160 --> 01:07:07,040 Speaker 10: we're really worried about. 1394 01:07:07,520 --> 01:07:09,600 Speaker 2: Listen, hold on, Tom, we'll come back with some more 1395 01:07:09,640 --> 01:07:11,920 Speaker 2: in a moment. Tom Gruber, the inventor, among other things, 1396 01:07:11,960 --> 01:07:13,800 Speaker 2: we'll talk about life school because that's interesting as well. 1397 01:07:13,880 --> 01:07:19,520 Speaker 1: Fourteen past the Mike Hosking Breakfast Full Show podcast on iHeartRadio, 1398 01:07:19,760 --> 01:07:21,760 Speaker 1: Howard By News Talk, Zippy Talk. 1399 01:07:22,080 --> 01:07:24,240 Speaker 2: Sixteen past eight Tom Grubers whe Us he's a here 1400 01:07:24,280 --> 01:07:26,880 Speaker 2: as part of Sparks Accelerates summit. We'll talk about life 1401 01:07:26,880 --> 01:07:28,600 Speaker 2: Scoore Tom. In just a couple of moments. Here's a 1402 01:07:28,640 --> 01:07:33,120 Speaker 2: text Mike, AI will be as transformative as electricity. Is 1403 01:07:33,160 --> 01:07:33,800 Speaker 2: that fair or not? 1404 01:07:33,880 --> 01:07:36,160 Speaker 19: Do you think I actually. 1405 01:07:35,840 --> 01:07:38,760 Speaker 10: Believe it's true. I think PJ said that the head 1406 01:07:38,800 --> 01:07:40,920 Speaker 10: of Google is sort of the company with the biggest 1407 01:07:40,920 --> 01:07:45,560 Speaker 10: investment in AI. I think he's right. It is omnipurpose 1408 01:07:45,680 --> 01:07:49,560 Speaker 10: like electricity. Electricity has changed all kinds of businesses and lifestyle. 1409 01:07:49,720 --> 01:07:52,680 Speaker 10: Lifestyle thanks and well do that too. It hasn't happened 1410 01:07:52,720 --> 01:07:53,920 Speaker 10: this year. It's going to be a little bit of 1411 01:07:53,960 --> 01:07:56,200 Speaker 10: transition exactly. That's the main reason. 1412 01:07:56,480 --> 01:07:56,600 Speaker 11: Is it. 1413 01:07:56,800 --> 01:07:59,080 Speaker 2: How exciting is it to be in this day and 1414 01:07:59,160 --> 01:08:02,320 Speaker 2: age doing what people like you do versus being edison 1415 01:08:02,480 --> 01:08:04,560 Speaker 2: and discovering stuff that we now take for granted. 1416 01:08:05,800 --> 01:08:08,840 Speaker 10: It's amazing to be live right now to see it happening, 1417 01:08:08,920 --> 01:08:10,439 Speaker 10: and we're you know, we're all going to see it happen. 1418 01:08:10,520 --> 01:08:10,800 Speaker 16: I saw. 1419 01:08:11,080 --> 01:08:13,040 Speaker 10: I was already a professional when the web happened, and 1420 01:08:13,120 --> 01:08:16,000 Speaker 10: seeing that happened was really exciting. It's been thirty years 1421 01:08:16,000 --> 01:08:17,880 Speaker 10: now seeing this happen. Now, it's going to eclipse the 1422 01:08:17,920 --> 01:08:20,080 Speaker 10: Web in terms of the impact. And I think we're 1423 01:08:20,120 --> 01:08:21,960 Speaker 10: going to see and all of us in our lifetime 1424 01:08:22,200 --> 01:08:25,120 Speaker 10: thing called artificial general intelligence, which is sort of general 1425 01:08:25,200 --> 01:08:27,080 Speaker 10: purpose AI that you can just kind of do whatever 1426 01:08:27,120 --> 01:08:29,680 Speaker 10: you want it to. That's going to change everything. And 1427 01:08:29,920 --> 01:08:32,000 Speaker 10: the funny thing is we saw that we saw from 1428 01:08:32,280 --> 01:08:34,360 Speaker 10: pre cell phone days all the way to that in 1429 01:08:34,479 --> 01:08:35,080 Speaker 10: one lifetime. 1430 01:08:35,840 --> 01:08:38,160 Speaker 2: Is it going to dumb us down. If something or 1431 01:08:38,280 --> 01:08:40,880 Speaker 2: something or somebody can do everything for us, what do 1432 01:08:41,000 --> 01:08:41,240 Speaker 2: we do? 1433 01:08:42,600 --> 01:08:45,280 Speaker 10: No, absolutely won't unbust down. If intact, it's going to 1434 01:08:45,360 --> 01:08:49,040 Speaker 10: challenge us throughize the education because sort of mediocre writing 1435 01:08:49,120 --> 01:08:51,439 Speaker 10: and reading and mediocre knowledge work is not going to 1436 01:08:51,439 --> 01:08:53,599 Speaker 10: be appreciated anymore. People are going to have to step 1437 01:08:53,720 --> 01:08:56,720 Speaker 10: up and use these tools to be better than they 1438 01:08:56,760 --> 01:08:59,000 Speaker 10: are today. And those who can learn to do that 1439 01:08:59,120 --> 01:09:00,519 Speaker 10: are going to be the ones who good to hide 1440 01:09:00,520 --> 01:09:01,040 Speaker 10: ping jobs. 1441 01:09:01,600 --> 01:09:06,400 Speaker 2: Life score it's adept of music dynamically composed and produces 1442 01:09:06,600 --> 01:09:10,160 Speaker 2: as it plays, which allows it to adapt to content. 1443 01:09:10,360 --> 01:09:12,760 Speaker 2: What's the purpose of that? Why would you want to 1444 01:09:12,880 --> 01:09:13,120 Speaker 2: do that? 1445 01:09:14,280 --> 01:09:16,120 Speaker 10: Well, let's say on your morning commute, you're listening to 1446 01:09:16,200 --> 01:09:17,560 Speaker 10: the radio and then you want to turn for a 1447 01:09:17,560 --> 01:09:20,400 Speaker 10: little bit of music to chill out. Well, it can 1448 01:09:20,560 --> 01:09:23,600 Speaker 10: generate a piece of music that is a journey. Is 1449 01:09:23,640 --> 01:09:26,080 Speaker 10: it company's your journey? Like a film score for your journey. 1450 01:09:26,320 --> 01:09:27,680 Speaker 10: Or let's say you're working out in a gym and 1451 01:09:27,760 --> 01:09:29,800 Speaker 10: you want to have something just not a playlist, but 1452 01:09:29,920 --> 01:09:33,720 Speaker 10: actually adapts while you're working out how it's going. That's 1453 01:09:34,320 --> 01:09:36,960 Speaker 10: you can still have human machine human music, but it's 1454 01:09:37,479 --> 01:09:38,519 Speaker 10: remixed on the fly. 1455 01:09:39,120 --> 01:09:41,760 Speaker 2: Is that being told what to do or is it 1456 01:09:41,920 --> 01:09:43,160 Speaker 2: doing it for you? 1457 01:09:44,520 --> 01:09:47,600 Speaker 10: It's basically taking music that was composed by humans and 1458 01:09:48,000 --> 01:09:51,560 Speaker 10: recomposing it to in face of the signal. So like 1459 01:09:51,680 --> 01:09:54,240 Speaker 10: you're a stoplight, it's sort of playing a nice, chill 1460 01:09:54,439 --> 01:09:56,960 Speaker 10: like holding beat, and then as you go up and 1461 01:09:57,040 --> 01:09:59,519 Speaker 10: accelerate to go to the highway, it ramps it up 1462 01:09:59,520 --> 01:10:02,479 Speaker 10: and goes mak. It's all music that's already been composed 1463 01:10:02,479 --> 01:10:05,120 Speaker 10: in a little bit, but then it's making it adapt 1464 01:10:05,520 --> 01:10:07,439 Speaker 10: to your life situation at that moment. 1465 01:10:07,760 --> 01:10:09,840 Speaker 2: Is it workable? Is it real? Is it happening right now? 1466 01:10:10,840 --> 01:10:11,040 Speaker 19: Yeah? 1467 01:10:11,280 --> 01:10:14,000 Speaker 10: It does work, and we have we've had working for 1468 01:10:14,040 --> 01:10:15,800 Speaker 10: a couple of years. Now it does actually work. It's 1469 01:10:15,840 --> 01:10:18,160 Speaker 10: really fun. In fact, we've also found that we can 1470 01:10:18,240 --> 01:10:20,280 Speaker 10: just do it even without the adapt team. We can 1471 01:10:20,360 --> 01:10:22,120 Speaker 10: just tell it. Hey, here's a guy who had an 1472 01:10:22,160 --> 01:10:25,400 Speaker 10: album that's of great music for relaxing. He said, give 1473 01:10:25,400 --> 01:10:27,320 Speaker 10: me an eight hour sleep album. I can't afford to 1474 01:10:27,360 --> 01:10:29,559 Speaker 10: write this. Myself and the machine really have an eight 1475 01:10:29,640 --> 01:10:32,320 Speaker 10: hour album that now his fans can go to sleep with. 1476 01:10:32,680 --> 01:10:35,920 Speaker 2: Wow, how's the money side of this? It is raising. 1477 01:10:36,200 --> 01:10:39,320 Speaker 2: It strikes me that if you've got ai in your CV. 1478 01:10:39,760 --> 01:10:42,080 Speaker 2: There's money to be head out there to, you know, 1479 01:10:42,240 --> 01:10:44,360 Speaker 2: try new ideas and do new research. Is that true? 1480 01:10:45,960 --> 01:10:49,000 Speaker 10: There is, although that sort of an initial hype excitement 1481 01:10:49,120 --> 01:10:51,240 Speaker 10: is sort of over now. I think. I think now 1482 01:10:51,320 --> 01:10:53,400 Speaker 10: we're in a phase where we're looking people are looking 1483 01:10:53,439 --> 01:10:55,760 Speaker 10: to spend money on how do you take existing AI 1484 01:10:56,000 --> 01:10:59,040 Speaker 10: ideas and apply them interest specific industry where you know 1485 01:10:59,240 --> 01:11:02,120 Speaker 10: for sure that industry has a problem to Sarce. 1486 01:11:02,520 --> 01:11:04,599 Speaker 2: Fantastic. Well you enjoy your staying in the country, Tom, 1487 01:11:04,600 --> 01:11:06,680 Speaker 2: I've appreciated your time very much and good to meet 1488 01:11:06,720 --> 01:11:09,120 Speaker 2: and talk with your Tom Gruber. Once upon a time 1489 01:11:09,200 --> 01:11:11,840 Speaker 2: the inventor of Siri, but has gone, as you've just heard, 1490 01:11:11,880 --> 01:11:14,960 Speaker 2: onto other big, bright and wonderful things. Geees. She's an 1491 01:11:15,000 --> 01:11:17,360 Speaker 2: interesting world, isn't it? Coming up? Eight twenty one. 1492 01:11:19,080 --> 01:11:23,679 Speaker 1: All the Mic Costing Breakfast with al Feda, Retirement Communities News. 1493 01:11:23,560 --> 01:11:24,120 Speaker 2: Togs head be. 1494 01:11:26,000 --> 01:11:26,160 Speaker 6: Mike. 1495 01:11:26,240 --> 01:11:28,360 Speaker 2: I worked with authors in the publishing industry. I can 1496 01:11:28,400 --> 01:11:30,439 Speaker 2: tell you there's a lot of concern about intellectual property 1497 01:11:30,520 --> 01:11:32,680 Speaker 2: rights and copyright. This is where the creative landscape will 1498 01:11:32,720 --> 01:11:34,840 Speaker 2: be unrecognizable in a very short time. Yeah, those are 1499 01:11:34,840 --> 01:11:37,120 Speaker 2: the well will they or won't they? I mean, I 1500 01:11:37,400 --> 01:11:39,439 Speaker 2: think the learning in life is that as each of 1501 01:11:39,520 --> 01:11:41,720 Speaker 2: these new things comes along, you work your way around it, 1502 01:11:41,800 --> 01:11:44,320 Speaker 2: don't you. And so I mean his music was, I mean, 1503 01:11:44,360 --> 01:11:45,720 Speaker 2: but I didn't have time to talk to him about it. 1504 01:11:45,760 --> 01:11:47,720 Speaker 2: But basically, you know when you suddenly make up music 1505 01:11:47,800 --> 01:11:50,800 Speaker 2: and it's pre recorded music against whose music was? And 1506 01:11:50,880 --> 01:11:52,439 Speaker 2: do they clip the ticket? And do they get paid 1507 01:11:52,439 --> 01:11:54,040 Speaker 2: for it? Listen, time to talk about the pioneers and 1508 01:11:54,040 --> 01:11:57,439 Speaker 2: modern technology. Speaking of which, rain drover a rain Drover 1509 01:11:57,640 --> 01:11:59,800 Speaker 2: Vla not just a vehicle, of course, closest thing to 1510 01:12:00,080 --> 01:12:02,840 Speaker 2: luxury you're gonna come by. If you're into cars, you'll know, 1511 01:12:02,920 --> 01:12:05,639 Speaker 2: of course, the rain Drover vilara prime example of excellence, 1512 01:12:05,880 --> 01:12:09,760 Speaker 2: reflection of rain Driver's uncompromising approach to innovation. It was 1513 01:12:09,800 --> 01:12:13,439 Speaker 2: awarded the most beautifully designed vehicle on the planet in 1514 01:12:13,520 --> 01:12:16,439 Speaker 2: twenty eighteen the World Car Awards, and the Vilar brings engineering, 1515 01:12:16,520 --> 01:12:19,599 Speaker 2: prowess and glamour to the rain Drover family. So when 1516 01:12:19,640 --> 01:12:21,439 Speaker 2: we think about the future, basically we're talking about the 1517 01:12:21,520 --> 01:12:24,560 Speaker 2: rain Drover Vilar, powered by the hybrid technology, fitted with 1518 01:12:24,640 --> 01:12:26,679 Speaker 2: all the latest features you know and love and want 1519 01:12:27,600 --> 01:12:30,519 Speaker 2: and deserve, new head and tail lights. Driver assistance features, 1520 01:12:30,520 --> 01:12:34,040 Speaker 2: wireless device charging, curved glass, green co two management systems. 1521 01:12:34,479 --> 01:12:38,080 Speaker 2: The futuristic rain drover Verla brings sophistication to a whole 1522 01:12:38,360 --> 01:12:42,040 Speaker 2: new level. Never too late to experience the sanctuary of 1523 01:12:42,160 --> 01:12:45,320 Speaker 2: the rain drover VILA. So contact your nearest retailer for 1524 01:12:45,520 --> 01:12:49,040 Speaker 2: more information asking I didn't have time to talk to 1525 01:12:49,160 --> 01:12:50,960 Speaker 2: him and ask him. Very good piece I read yesterday 1526 01:12:50,960 --> 01:12:53,599 Speaker 2: on the Sidney Morning Herald from open Ai to wise tech, 1527 01:12:54,160 --> 01:12:56,439 Speaker 2: does the sector have a governance problem? The article Look 1528 01:12:56,479 --> 01:12:59,720 Speaker 2: it up if you're interested. It involves a guy called 1529 01:12:59,760 --> 01:13:01,719 Speaker 2: Rich White, who you may or may not know, doesn't 1530 01:13:01,720 --> 01:13:04,240 Speaker 2: really matter, but they talk about generally these large tech 1531 01:13:04,360 --> 01:13:07,040 Speaker 2: companies and how they're structured in a way that the 1532 01:13:07,080 --> 01:13:11,400 Speaker 2: people who started them, always men, can't be gotten rid of, 1533 01:13:12,200 --> 01:13:14,599 Speaker 2: and so no matter what happens, they're kind of stuck there. 1534 01:13:14,720 --> 01:13:18,400 Speaker 2: Zuckerberg he's got outsized voting rights on Meta. He owns 1535 01:13:18,439 --> 01:13:20,320 Speaker 2: less than twenty percent of the company, but he basically 1536 01:13:20,400 --> 01:13:21,960 Speaker 2: controls it, and there's nothing they can do about it. 1537 01:13:22,200 --> 01:13:25,559 Speaker 2: The founders of Snap, Google, Alphabet, all that stuff, they've 1538 01:13:25,560 --> 01:13:28,240 Speaker 2: got special voting shares. They are basically stuck with these 1539 01:13:28,280 --> 01:13:32,920 Speaker 2: people forever, and whether or not going forward. That's a 1540 01:13:33,080 --> 01:13:39,320 Speaker 2: major problem in terms of innovation, business, conduct, culture, the environment, 1541 01:13:39,479 --> 01:13:42,640 Speaker 2: all that sort of stuff. Trump update, I am so 1542 01:13:42,840 --> 01:13:47,639 Speaker 2: onto this, it's not funny. So they said twenty two 1543 01:13:48,000 --> 01:13:51,800 Speaker 2: Trump was calling. Obviously he wasn't calling it twenty two, 1544 01:13:52,160 --> 01:13:55,840 Speaker 2: but they had to be ready just in case. So 1545 01:13:56,040 --> 01:13:59,080 Speaker 2: the contact in the office they said five past eight. 1546 01:13:59,360 --> 01:14:01,479 Speaker 2: So first of all, if he rings on time, which 1547 01:14:01,479 --> 01:14:03,720 Speaker 2: he was never going to, how long do you reckon 1548 01:14:03,760 --> 01:14:04,280 Speaker 2: the phone call? 1549 01:14:04,439 --> 01:14:04,479 Speaker 7: Is? 1550 01:14:04,960 --> 01:14:08,799 Speaker 2: The answer is anywhere between I reckon five and twenty, 1551 01:14:09,479 --> 01:14:12,880 Speaker 2: depending on how crazy Trump is at any given moment, 1552 01:14:13,080 --> 01:14:16,080 Speaker 2: whether or not Golf has raised, whether or not Luxeon 1553 01:14:16,120 --> 01:14:18,320 Speaker 2: has got the wherewithal to offer up a couple of 1554 01:14:18,400 --> 01:14:22,720 Speaker 2: key phrases that might trigger He goes, you're gonna drill, baby, drill. 1555 01:14:24,040 --> 01:14:27,000 Speaker 2: He's off. He's good for half an hour all day long. 1556 01:14:27,120 --> 01:14:29,280 Speaker 2: So depending on that, So the office goes, we'll get 1557 01:14:29,320 --> 01:14:32,040 Speaker 2: them for you for five past eight. I said, that's 1558 01:14:32,080 --> 01:14:34,960 Speaker 2: never happening. Then it's ten past eight. I said, don't 1559 01:14:35,040 --> 01:14:37,679 Speaker 2: make me laugh. Then they said it's twenty five minutes 1560 01:14:37,680 --> 01:14:39,800 Speaker 2: past eight, and I said that's not going to happen either. 1561 01:14:40,560 --> 01:14:43,400 Speaker 2: And then they said, looks like a twenty five, probably 1562 01:14:43,479 --> 01:14:46,360 Speaker 2: isn't going to happen. We'll come back to you a 1563 01:14:46,600 --> 01:14:50,320 Speaker 2: sap which, of course my guess he can't go past 1564 01:14:50,400 --> 01:14:52,479 Speaker 2: eight thirty apparently because of the apology. 1565 01:14:52,600 --> 01:14:54,080 Speaker 4: Can we interest you in tomorrow? Mind? 1566 01:14:54,160 --> 01:14:59,400 Speaker 2: Yeah, exactly. Anyway, I'll keep you posted. You're trusted. 1567 01:14:59,479 --> 01:15:04,000 Speaker 1: Ho Use four Entertainments of Opinion and Mike the Mike Hosking, 1568 01:15:04,040 --> 01:15:08,519 Speaker 1: Breakfast with a Vida, Retirement, Communities, Life Your Way, News, 1569 01:15:08,600 --> 01:15:09,120 Speaker 1: togsad B. 1570 01:15:10,880 --> 01:15:14,760 Speaker 2: But he was on, he was on till he was off. 1571 01:15:15,439 --> 01:15:17,479 Speaker 2: Poor old Sam's never had a day like it in 1572 01:15:17,560 --> 01:15:20,720 Speaker 2: his life. Sam is in literal meltdown. 1573 01:15:20,880 --> 01:15:22,320 Speaker 4: I mean, what are week jury duty? 1574 01:15:22,439 --> 01:15:25,680 Speaker 2: Yesterday? About this? And what's going to tomorrow? He was on, 1575 01:15:26,160 --> 01:15:27,760 Speaker 2: he was on to the office. He goes, right now, 1576 01:15:27,840 --> 01:15:29,439 Speaker 2: we'll get him on now can he do it in 1577 01:15:29,520 --> 01:15:31,800 Speaker 2: the car? And he's off the phone. And we were 1578 01:15:31,800 --> 01:15:33,599 Speaker 2: one hundred percent right. We didn't get the fine details 1579 01:15:33,600 --> 01:15:34,920 Speaker 2: on the phone call, but he was. He was still 1580 01:15:34,960 --> 01:15:37,320 Speaker 2: on the phone at eight twenty five to Trump. So anyway, 1581 01:15:37,520 --> 01:15:39,080 Speaker 2: let's get him in the car. Yep, we're going to 1582 01:15:39,120 --> 01:15:40,560 Speaker 2: get him in the car. Then they couldn't do it, 1583 01:15:40,600 --> 01:15:42,439 Speaker 2: and now he's gone. Apparently he's vanished off the face 1584 01:15:42,479 --> 01:15:42,800 Speaker 2: of the earth. 1585 01:15:42,800 --> 01:15:46,519 Speaker 4: Do you reckon National Radio? Rangham and said they don't 1586 01:15:46,520 --> 01:15:47,160 Speaker 4: want you anymore. 1587 01:15:47,160 --> 01:15:50,120 Speaker 2: There is no interview with Mike Hosking could be that 1588 01:15:50,439 --> 01:15:51,799 Speaker 2: twenty three minutes away from. 1589 01:15:51,720 --> 01:15:55,880 Speaker 14: Nine International correspondence with ins and Eye Insurance, peace of 1590 01:15:55,960 --> 01:15:57,240 Speaker 14: mind for New Zealand business. 1591 01:15:57,320 --> 01:15:59,760 Speaker 2: I've just got pictured in my mind just for the 1592 01:16:00,360 --> 01:16:03,680 Speaker 2: level of combustion inside the Luxton office. It's just like 1593 01:16:03,800 --> 01:16:06,439 Speaker 2: you can see how many bureaucrats do you think we're 1594 01:16:06,520 --> 01:16:09,360 Speaker 2: running around losing there? You know what over the last 1595 01:16:09,439 --> 01:16:11,640 Speaker 2: forty minutes anyway, Rod Lills withs mate, how are you? 1596 01:16:13,640 --> 01:16:16,559 Speaker 19: I'm fine made the travesty in my opinion, but there 1597 01:16:16,600 --> 01:16:16,840 Speaker 19: we are. 1598 01:16:17,439 --> 01:16:18,839 Speaker 2: What's a travesty in your opinion? 1599 01:16:19,640 --> 01:16:21,200 Speaker 19: That interview you didn't get? 1600 01:16:21,520 --> 01:16:23,760 Speaker 2: Yeah, exactly. I couldn't agree more well well said, but 1601 01:16:23,880 --> 01:16:25,599 Speaker 2: I can. I can always rely on you to spot 1602 01:16:25,680 --> 01:16:29,360 Speaker 2: a travesty when one is just quickly on on on Armistice. 1603 01:16:29,400 --> 01:16:31,200 Speaker 2: In the last couple of days in your particular part 1604 01:16:31,240 --> 01:16:34,240 Speaker 2: of the world. How much coverage and how much interest 1605 01:16:34,280 --> 01:16:37,160 Speaker 2: in the return to prominence of Princess Kate was there? 1606 01:16:39,240 --> 01:16:39,360 Speaker 6: Oh? 1607 01:16:39,520 --> 01:16:43,479 Speaker 19: Quite a lot. She's regarded its very very highly. Indeed, 1608 01:16:44,000 --> 01:16:48,080 Speaker 19: don't forget that we have a certain mixed opinion about 1609 01:16:48,160 --> 01:16:50,840 Speaker 19: our royals at the moment. There are the good ones 1610 01:16:50,880 --> 01:16:52,639 Speaker 19: and there are the bad ones. And at the moment 1611 01:16:53,560 --> 01:16:56,080 Speaker 19: probably Kay is right at the top. And I would 1612 01:16:56,080 --> 01:17:00,760 Speaker 19: have thought William William and Charles joint second. So she's 1613 01:17:00,880 --> 01:17:03,280 Speaker 19: kind of the favorite at the moment for the kind 1614 01:17:03,360 --> 01:17:06,839 Speaker 19: of common sense, dignified regal approach. 1615 01:17:07,400 --> 01:17:09,759 Speaker 2: I always liked the photograph. I looked at it yesterday, 1616 01:17:09,840 --> 01:17:13,360 Speaker 2: Of all the living past living prime ministers, there's something 1617 01:17:13,479 --> 01:17:17,080 Speaker 2: about history that, no matter what the politics of the day, 1618 01:17:17,320 --> 01:17:18,960 Speaker 2: brings people together in the right way. 1619 01:17:21,080 --> 01:17:25,880 Speaker 19: No, that's right, that's right, except it's caused a bit 1620 01:17:25,920 --> 01:17:29,640 Speaker 19: of a few rule this year that our ow commemoration 1621 01:17:30,080 --> 01:17:34,040 Speaker 19: at the Cellotaph, Diegel Farahs wasn't invited, but then nor 1622 01:17:34,200 --> 01:17:40,920 Speaker 19: was I Mike. Frankly, however, Farag was kept away from 1623 01:17:40,960 --> 01:17:45,559 Speaker 19: it because the leaders of parties with more than six 1624 01:17:46,200 --> 01:17:50,200 Speaker 19: MPs are allowed to attend. The senatorph he thinks it 1625 01:17:50,320 --> 01:17:54,240 Speaker 19: was a fix. He's only got five MPs, so it's 1626 01:17:54,280 --> 01:17:57,200 Speaker 19: not really a fix at all, But nonetheless he was 1627 01:17:57,280 --> 01:18:01,720 Speaker 19: very affronted. At the same time, Sakir Starmer hopped over 1628 01:18:01,800 --> 01:18:06,639 Speaker 19: the Channel to attend the Armistice Day commemoration in France 1629 01:18:07,080 --> 01:18:10,360 Speaker 19: with President Macron, the first time any British Prime minister 1630 01:18:10,439 --> 01:18:14,439 Speaker 19: has done that since Winston Churchill in nineteen forty six. 1631 01:18:16,000 --> 01:18:18,479 Speaker 19: I don't think that means that Sakiir is the new 1632 01:18:18,520 --> 01:18:23,480 Speaker 19: Winston Churchill. I think it might mean that France's longtime 1633 01:18:23,640 --> 01:18:27,240 Speaker 19: resentment of Britain it may have abated a little. It 1634 01:18:27,360 --> 01:18:29,320 Speaker 19: ought to be said that for an awful one of 1635 01:18:29,360 --> 01:18:33,280 Speaker 19: those years they didn't have an Armistice ceremony as such, 1636 01:18:33,760 --> 01:18:36,000 Speaker 19: and the by and large the prime ministers of each 1637 01:18:36,080 --> 01:18:39,559 Speaker 19: country and presidents come together on d Day rather than 1638 01:18:39,720 --> 01:18:42,519 Speaker 19: Armistice Day, so that ought to be said as well. 1639 01:18:42,880 --> 01:18:47,880 Speaker 19: But undoubtedly in Sirkis Staler's mind there is a bigger 1640 01:18:47,880 --> 01:18:51,679 Speaker 19: across monk going on with Europe and particularly with France, 1641 01:18:52,720 --> 01:18:55,920 Speaker 19: and their meeting on Armistice Day was a time for 1642 01:18:56,000 --> 01:18:58,680 Speaker 19: them both to issue statements about how they were going 1643 01:18:58,760 --> 01:19:04,920 Speaker 19: to remain full square behind arms to Ukraine no matter 1644 01:19:05,000 --> 01:19:06,560 Speaker 19: what Donald Trump gets up to. 1645 01:19:06,800 --> 01:19:08,640 Speaker 2: Well, there's a two part question to that, doesn't there 1646 01:19:08,720 --> 01:19:11,800 Speaker 2: really do they know what Donald Trump is? Is Trump? 1647 01:19:12,120 --> 01:19:14,800 Speaker 2: Are they assuming Trump is out in terms of money 1648 01:19:14,840 --> 01:19:19,240 Speaker 2: and weapon supply, and two if he is, who's actually 1649 01:19:19,320 --> 01:19:22,559 Speaker 2: footing the bill, because the bill isargentuant and neither one 1650 01:19:22,640 --> 01:19:23,479 Speaker 2: of them has the money. 1651 01:19:25,160 --> 01:19:28,800 Speaker 19: No, well, that's exactly right, and it brings hto sharp 1652 01:19:28,840 --> 01:19:31,920 Speaker 19: relieves the main problem which Donald Trump has with Europe, 1653 01:19:31,920 --> 01:19:33,640 Speaker 19: which is if we don't pay our way. You know, 1654 01:19:33,760 --> 01:19:37,600 Speaker 19: we rely upon American large ass for our defense and 1655 01:19:37,840 --> 01:19:41,720 Speaker 19: have done for sixty seventy years that there is no 1656 01:19:41,920 --> 01:19:46,000 Speaker 19: question about that. However, there is a sense to it 1657 01:19:46,640 --> 01:19:49,439 Speaker 19: that if you think that at some point down the line, 1658 01:19:49,560 --> 01:19:54,400 Speaker 19: once he's taken office, Trump is going to attempt to 1659 01:19:54,520 --> 01:19:59,439 Speaker 19: resolve the Ukraine Russia crisis, it does make sense for 1660 01:20:00,240 --> 01:20:04,000 Speaker 19: to be in the best possible military position when that happens. 1661 01:20:04,560 --> 01:20:06,840 Speaker 19: And that's that's what I've been saying for you know, 1662 01:20:06,880 --> 01:20:09,560 Speaker 19: a number of months, that there will have to be 1663 01:20:09,640 --> 01:20:14,040 Speaker 19: a negotiated peace. Of course there will, that's how wars end, 1664 01:20:14,760 --> 01:20:18,760 Speaker 19: and it's important that when that comes, Ukraine is militarily 1665 01:20:18,840 --> 01:20:20,040 Speaker 19: in the best possible position. 1666 01:20:20,439 --> 01:20:22,960 Speaker 2: What is the vibe in Europe's because I can tell 1667 01:20:22,960 --> 01:20:24,840 Speaker 2: you what Zelenci is going to say from one of 1668 01:20:24,920 --> 01:20:27,280 Speaker 2: his one of his people, Trump's people, they said, we're 1669 01:20:27,280 --> 01:20:30,040 Speaker 2: going to ask Zelensky what he thinks peace looks like. 1670 01:20:30,680 --> 01:20:34,400 Speaker 2: And if he comes back and sees Crimea crime, he 1671 01:20:34,560 --> 01:20:36,320 Speaker 2: is gone. So you can see where Trump's going to 1672 01:20:36,360 --> 01:20:38,519 Speaker 2: go on this. If crime is gone and some land 1673 01:20:38,560 --> 01:20:41,240 Speaker 2: has to be given and Putin gets his Russia back, 1674 01:20:41,800 --> 01:20:45,320 Speaker 2: how does the rest of Europe feel about that? Versus 1675 01:20:45,439 --> 01:20:46,280 Speaker 2: how Zolenski? 1676 01:20:48,680 --> 01:20:52,040 Speaker 19: I think the rest of Europe is divided. There are 1677 01:20:52,080 --> 01:20:54,640 Speaker 19: some of the visit rap states such as Slovakia and 1678 01:20:54,800 --> 01:21:00,200 Speaker 19: Hungary for example, and two degree Italy, which I think 1679 01:21:00,520 --> 01:21:03,439 Speaker 19: that this has gone on too long. A lot of 1680 01:21:03,800 --> 01:21:07,160 Speaker 19: German feeling to that effect as well, and that you know, 1681 01:21:07,560 --> 01:21:10,640 Speaker 19: Crimea is a battle which should have been thought it 1682 01:21:10,760 --> 01:21:13,200 Speaker 19: was going to be fought in twenty fourteen, it wasn't 1683 01:21:13,439 --> 01:21:17,439 Speaker 19: and it's gone. It is added to the fact, of 1684 01:21:17,520 --> 01:21:20,000 Speaker 19: course that ninety percent of the people living in Crimea 1685 01:21:20,040 --> 01:21:24,800 Speaker 19: are Russian. So there is a kind of there is 1686 01:21:24,920 --> 01:21:29,120 Speaker 19: both a moral and a pragmatic reason for saying Crimea 1687 01:21:29,200 --> 01:21:33,400 Speaker 19: is gone. The far more difficult thing will be to say, 1688 01:21:33,520 --> 01:21:37,200 Speaker 19: you know what happens to Danetsk and Luhansk. Again, Europe 1689 01:21:37,320 --> 01:21:40,320 Speaker 19: is a bit split. There is not the unity that 1690 01:21:41,000 --> 01:21:46,280 Speaker 19: you know Macron and Starmer and before him. Johnson put 1691 01:21:46,360 --> 01:21:49,360 Speaker 19: before the world that we are force square behind them. 1692 01:21:49,680 --> 01:21:54,240 Speaker 19: Some of the countries genuinely aren't. By and large, Poland, Lithuania, Latvia, 1693 01:21:54,439 --> 01:21:58,720 Speaker 19: Estonia are very very much in favor of continuing to 1694 01:21:59,000 --> 01:22:03,679 Speaker 19: arm and defeat Russia are to our uclean than defeat Russia. 1695 01:22:04,439 --> 01:22:07,919 Speaker 19: The rest of Europe, to varying degrees, is less supportive. 1696 01:22:08,280 --> 01:22:10,360 Speaker 2: Roderick always a great pleasure, and we'll see you Thursday. 1697 01:22:10,360 --> 01:22:12,240 Speaker 2: Appreciate it. Rod a little out of Britain just before 1698 01:22:12,280 --> 01:22:15,320 Speaker 2: we leave the area. By the way, Apache, who are 1699 01:22:15,400 --> 01:22:18,880 Speaker 2: an oil company north Sea. They've had enough. They're gone. 1700 01:22:19,320 --> 01:22:21,920 Speaker 2: So the Energy profits levy, the EPL this was all 1701 01:22:21,960 --> 01:22:23,760 Speaker 2: part of the budget was originally came in in May 1702 01:22:23,800 --> 01:22:27,439 Speaker 2: of twenty two. Huge profits. Government thought, I know, we'll 1703 01:22:27,439 --> 01:22:30,080 Speaker 2: get a bit of that action. This was sunic. The 1704 01:22:30,160 --> 01:22:33,040 Speaker 2: money raise would support households facing the energy bills. Of course, 1705 01:22:33,080 --> 01:22:34,680 Speaker 2: the energy bills in that particular part of the world 1706 01:22:34,680 --> 01:22:37,080 Speaker 2: went through the roof as the war started, the pipeline, 1707 01:22:37,120 --> 01:22:41,000 Speaker 2: et cetera. Initially, the windfall tax essentially is what it is, 1708 01:22:41,640 --> 01:22:43,400 Speaker 2: was set at twenty five percent, due to expire in 1709 01:22:43,439 --> 01:22:46,679 Speaker 2: twenty twenty five. Conservatives later raise that to thirty five percent, 1710 01:22:46,720 --> 01:22:48,680 Speaker 2: said it would last until March of twenty twenty nine 1711 01:22:48,760 --> 01:22:53,120 Speaker 2: labor arrives. They've raised it to thirty eight percent, meaning 1712 01:22:53,200 --> 01:22:57,839 Speaker 2: the total tax on companies is now seventy eight percent, 1713 01:22:58,600 --> 01:23:02,600 Speaker 2: and they've extended that the year. So Apache said the 1714 01:23:02,720 --> 01:23:06,200 Speaker 2: onerous financial impact of the EPL, combined with a substantial 1715 01:23:06,280 --> 01:23:09,280 Speaker 2: investment that would be necessary to comply with regular ty requirements, 1716 01:23:09,360 --> 01:23:12,760 Speaker 2: makes production of hydroc carbons beyond twenty twenty nine uneconomic. 1717 01:23:13,280 --> 01:23:16,280 Speaker 2: We're off and at seventy eight percent by way of 1718 01:23:16,320 --> 01:23:19,080 Speaker 2: a tax rate, Who can blame them? Eight forty five. 1719 01:23:20,920 --> 01:23:25,320 Speaker 1: The Like Asking Breakfast Full Show podcast on iHeartRadio powered 1720 01:23:25,360 --> 01:23:26,600 Speaker 1: by Newstalks. 1721 01:23:26,120 --> 01:23:28,080 Speaker 2: At B twelve away from nine. Just wore I leave 1722 01:23:28,160 --> 01:23:30,280 Speaker 2: Russia and the whole part of the world. So COP 1723 01:23:30,360 --> 01:23:33,120 Speaker 2: twenty nine is under way. Azerbajan of the hosts a 1724 01:23:33,200 --> 01:23:36,639 Speaker 2: guy called Sultanoff who's the chief executive of COP twenty nine, 1725 01:23:36,920 --> 01:23:41,040 Speaker 2: the Azerbaijani team. He's been caught on a video discussing 1726 01:23:41,120 --> 01:23:43,760 Speaker 2: investment opportunities in the state Oil and Gas company with 1727 01:23:43,840 --> 01:23:46,479 Speaker 2: a man posing as a potential investor. We have a 1728 01:23:46,520 --> 01:23:50,519 Speaker 2: lot of gas fields that need to be developed. He's 1729 01:23:50,600 --> 01:23:54,640 Speaker 2: also by the way deputy Energy Minister of Azebazan and Azerbaijan. 1730 01:23:54,680 --> 01:23:56,760 Speaker 2: If you know about Azebajan, mostly they make the money 1731 01:23:56,800 --> 01:23:59,200 Speaker 2: from oil and gas. So one COP twenty nine is 1732 01:23:59,280 --> 01:24:01,880 Speaker 2: in an oil and gas country. The bloke who is 1733 01:24:01,960 --> 01:24:03,800 Speaker 2: the Minister in charge of oil and gas but also 1734 01:24:03,880 --> 01:24:05,760 Speaker 2: the minister in charge of COP is busy on a 1735 01:24:05,960 --> 01:24:08,720 Speaker 2: zoom call drumming up business on oil and gas. So 1736 01:24:09,000 --> 01:24:12,680 Speaker 2: reputation nicely intact. There, well done, And my guess is 1737 01:24:12,760 --> 01:24:14,920 Speaker 2: here's my call, big call, but I'm going to make it. 1738 01:24:15,520 --> 01:24:18,160 Speaker 2: I reckon there's going to be a COP thirty because 1739 01:24:18,400 --> 01:24:21,800 Speaker 2: I don't believe that COP twenty nine is going to 1740 01:24:22,200 --> 01:24:25,120 Speaker 2: conclude with the sort of resolutions to save the planet 1741 01:24:25,200 --> 01:24:25,760 Speaker 2: that they think. 1742 01:24:26,320 --> 01:24:28,640 Speaker 4: We had that guy this morning earlier on saying that 1743 01:24:28,760 --> 01:24:32,080 Speaker 4: all they have to do is completely redesign the global 1744 01:24:32,160 --> 01:24:33,360 Speaker 4: financial system and then. 1745 01:24:33,400 --> 01:24:36,320 Speaker 2: It's all it takes. It's a trillion dollars, it's all 1746 01:24:36,360 --> 01:24:38,599 Speaker 2: it takes. And yet I don't believe at COP twenty 1747 01:24:38,680 --> 01:24:40,519 Speaker 2: nine they'll do it though, will need a COP thirty. 1748 01:24:40,920 --> 01:24:46,960 Speaker 2: Call me a pessimist. Putin has also through Lavrov, whose 1749 01:24:47,040 --> 01:24:51,080 Speaker 2: Foreign minister suggested he's offering what he calls total support 1750 01:24:51,840 --> 01:24:54,400 Speaker 2: for Africa. So this was a summit in the Black Sea, 1751 01:24:55,200 --> 01:24:57,240 Speaker 2: so she to be precise. Once upon a time a 1752 01:24:57,439 --> 01:24:59,920 Speaker 2: home to won the Winter Olympics and two F one racing, 1753 01:25:00,360 --> 01:25:02,400 Speaker 2: but then the war ended all that. But be that may, 1754 01:25:02,479 --> 01:25:05,679 Speaker 2: several African governments have cut ties with Western our eyes 1755 01:25:05,720 --> 01:25:07,280 Speaker 2: and this is this is an ongoing thing that we 1756 01:25:07,360 --> 01:25:08,960 Speaker 2: need to think about. This is Brooks. Last time I 1757 01:25:09,040 --> 01:25:11,120 Speaker 2: talked about this was bricks and so you've got this 1758 01:25:11,560 --> 01:25:14,760 Speaker 2: b Kina Fassa's foreign minister said Russia was a more 1759 01:25:14,800 --> 01:25:18,760 Speaker 2: suitable international partner than the former colonial power a place 1760 01:25:18,800 --> 01:25:22,839 Speaker 2: called France, view shared by several of France's former colonies, 1761 01:25:22,920 --> 01:25:27,040 Speaker 2: reiterated by Marley's foreign minister, who contrasted the Kremlin's sincere 1762 01:25:27,160 --> 01:25:32,479 Speaker 2: partnership to the neo colonial relationships of Western powers, as 1763 01:25:32,520 --> 01:25:36,960 Speaker 2: well as military cooperation, Marley's exploring joint projects with energy, telecommunications, 1764 01:25:37,040 --> 01:25:41,200 Speaker 2: technology and the mining sectors. The Wagner mercenary fighters, by 1765 01:25:41,200 --> 01:25:43,479 Speaker 2: the way, are rebranded under the African Call banner by 1766 01:25:43,560 --> 01:25:47,080 Speaker 2: Russia's Defense ministry, were the preferred choice for the military 1767 01:25:47,200 --> 01:25:49,240 Speaker 2: leaders who ordered French and new In troops to leave. 1768 01:25:49,840 --> 01:25:53,760 Speaker 2: So they liked Wagner, They like Putin and Africa's quite 1769 01:25:53,760 --> 01:25:55,639 Speaker 2: a big place. I don't know if you've noticed that lately. 1770 01:25:55,920 --> 01:25:58,040 Speaker 2: Nine minutes away from nine the. 1771 01:25:58,200 --> 01:26:01,400 Speaker 1: My costly regulist with the anger of a villars. 1772 01:26:02,600 --> 01:26:04,640 Speaker 2: Mike, you missed. Many of them are dictators that need 1773 01:26:04,720 --> 01:26:06,200 Speaker 2: Russia to stay in power, and I didn't miss that. 1774 01:26:06,240 --> 01:26:07,760 Speaker 2: But what I'm trying to point out to you is 1775 01:26:07,840 --> 01:26:10,880 Speaker 2: the world is shifting in a significant way and for 1776 01:26:11,520 --> 01:26:14,719 Speaker 2: a so called Lepper outlier whatever you want to call Russia, 1777 01:26:14,960 --> 01:26:17,920 Speaker 2: there anything. But they hosted bricks the other day with 1778 01:26:18,000 --> 01:26:21,400 Speaker 2: the leader of China, the leader of India, and the 1779 01:26:21,479 --> 01:26:24,599 Speaker 2: head of the United Nations shaking hands for all intentsive purposes. 1780 01:26:24,640 --> 01:26:26,600 Speaker 2: If you come from Mars and planted yourself, you go, 1781 01:26:26,720 --> 01:26:28,439 Speaker 2: oh yeah, I see that that guy in the middle 1782 01:26:28,439 --> 01:26:30,320 Speaker 2: of the little short board guy. He must be the 1783 01:26:30,360 --> 01:26:32,960 Speaker 2: most powerful man in the world, selling oil like the 1784 01:26:33,000 --> 01:26:35,280 Speaker 2: snow tomorrow to Indy. You're at a discounted prut for 1785 01:26:35,439 --> 01:26:38,599 Speaker 2: all of the we're shunning him. It's not working, Bingo, 1786 01:26:39,320 --> 01:26:42,040 Speaker 2: dream big, Mike. Like every tech inflecion point, the net 1787 01:26:42,120 --> 01:26:44,879 Speaker 2: positives across the ark of humanity will be really positive. 1788 01:26:44,920 --> 01:26:47,439 Speaker 2: We have an unreal opportunity in New Zealand. If we're 1789 01:26:47,640 --> 01:26:50,479 Speaker 2: going to take it, it's very positive. Mike Cookware who 1790 01:26:50,560 --> 01:26:52,280 Speaker 2: knew Brits had such a good taste. This very good 1791 01:26:52,280 --> 01:26:55,479 Speaker 2: point goes back to the La Cruze talk earlier on 1792 01:26:55,520 --> 01:26:57,439 Speaker 2: this morning. Mike went to Paris to buy a handbag, 1793 01:26:57,640 --> 01:27:00,800 Speaker 2: as you do. We went to Paris by handbag, bought 1794 01:27:00,960 --> 01:27:04,040 Speaker 2: an Azure La Crusee cassero oldish instead carried it home 1795 01:27:04,080 --> 01:27:06,840 Speaker 2: on the plane. Better than a handbag. I've never heard 1796 01:27:06,840 --> 01:27:09,759 Speaker 2: anybody compare a La Cruze casserole dish to a handbag, 1797 01:27:10,800 --> 01:27:13,800 Speaker 2: but fuends on what sort of handbag it was. 1798 01:27:14,080 --> 01:27:16,720 Speaker 4: I wonder why they went Azure, not Coastal blue or 1799 01:27:16,840 --> 01:27:19,080 Speaker 4: Chambre I suspect. 1800 01:27:19,160 --> 01:27:23,400 Speaker 2: Here's my guess. Coastal blue was not out at the time. 1801 01:27:23,840 --> 01:27:26,400 Speaker 2: That's a color for summer. It's a seasonal color. 1802 01:27:26,439 --> 01:27:28,439 Speaker 4: If chan bray was just a little bit too much 1803 01:27:28,520 --> 01:27:29,600 Speaker 4: seventies eighties. 1804 01:27:29,680 --> 01:27:31,680 Speaker 2: That would be my personal view. But you know what 1805 01:27:31,760 --> 01:27:34,959 Speaker 2: do I know about that? Five minutes away from nine. 1806 01:27:35,200 --> 01:27:40,320 Speaker 14: Trending now with chemist ware House great savings every day. 1807 01:27:40,479 --> 01:27:42,439 Speaker 2: So we've told you this morning about the tennis commentator 1808 01:27:42,439 --> 01:27:44,519 Speaker 2: who lost his job after the hot mic problem. Now 1809 01:27:44,560 --> 01:27:48,439 Speaker 2: we've got a premiere referee a video back in twenty twenty, 1810 01:27:48,560 --> 01:27:51,160 Speaker 2: so he's been canceled late. Guy's name is David Coote. 1811 01:27:51,640 --> 01:27:53,439 Speaker 2: He's one of the better ones going. He's on the 1812 01:27:53,479 --> 01:27:57,200 Speaker 2: couch with his mate in lockdown. They start recording their 1813 01:27:57,240 --> 01:27:59,720 Speaker 2: thoughts on Yugen klop. Do you think they're little bit 1814 01:28:00,000 --> 01:28:00,320 Speaker 2: pot ball? 1815 01:28:00,360 --> 01:28:00,479 Speaker 11: Game? 1816 01:28:00,520 --> 01:28:02,120 Speaker 2: Earlier when you were fourth official. 1817 01:28:03,720 --> 01:28:05,240 Speaker 6: Liverpool was ship What do you think of? 1818 01:28:05,680 --> 01:28:07,880 Speaker 2: Absolutely? 1819 01:28:09,600 --> 01:28:10,320 Speaker 6: What? What was you? 1820 01:28:10,520 --> 01:28:12,719 Speaker 2: What would you say? Why would you say that the clop. 1821 01:28:14,760 --> 01:28:17,519 Speaker 20: Aside from having the right pop at me when I 1822 01:28:17,640 --> 01:28:21,640 Speaker 20: rest them against Burnley in lockdown, then he accused me 1823 01:28:21,680 --> 01:28:24,960 Speaker 20: of lying and then just the right pop me And 1824 01:28:25,840 --> 01:28:29,000 Speaker 20: I've got no interest in speaking to someone who's arrogant, 1825 01:28:30,800 --> 01:28:33,240 Speaker 20: so I do my best not to speak to him. 1826 01:28:33,960 --> 01:28:37,519 Speaker 2: For some reason, I was expecting a different eccent, isn't 1827 01:28:37,520 --> 01:28:39,640 Speaker 2: it That could be out of the gentleman, couldn't it. 1828 01:28:40,439 --> 01:28:41,719 Speaker 2: What do you think of the jug clop? 1829 01:28:41,960 --> 01:28:42,080 Speaker 18: Oh? 1830 01:28:42,200 --> 01:28:43,479 Speaker 2: I say absolutely is more. 1831 01:28:43,520 --> 01:28:48,240 Speaker 6: By the way, just to be clear, that last video 1832 01:28:48,360 --> 01:28:49,120 Speaker 6: can't go anywhere. 1833 01:28:49,360 --> 01:28:53,000 Speaker 2: Seriously, you know what it has to the Mike hosting 1834 01:28:53,040 --> 01:28:55,559 Speaker 2: breakfast As it turns out all these years later anyway, 1835 01:28:55,680 --> 01:28:58,360 Speaker 2: So the officials are having a look at that one, 1836 01:28:58,560 --> 01:29:00,559 Speaker 2: and when they had a look at it, the spended him. 1837 01:29:00,960 --> 01:29:03,920 Speaker 2: Problem is because the time of the video, Coot was 1838 01:29:04,000 --> 01:29:09,200 Speaker 2: var for three Liverpool games in twenty twenty when he 1839 01:29:09,320 --> 01:29:12,960 Speaker 2: didn't award the handball, not awarding the handball because he's 1840 01:29:12,960 --> 01:29:16,040 Speaker 2: a you know what. That's what happened is he didn't 1841 01:29:16,040 --> 01:29:19,160 Speaker 2: award the handball penalties or red cards when Liverpool fans 1842 01:29:19,200 --> 01:29:21,720 Speaker 2: thought it was warranted. So that's been looked into as well. 1843 01:29:22,439 --> 01:29:25,960 Speaker 2: That is a scandal. I leave you with this question. 1844 01:29:27,160 --> 01:29:30,519 Speaker 2: Does not that a couple of you suggesting that I'm 1845 01:29:30,600 --> 01:29:33,679 Speaker 2: somehow upset or grumpy that Luxon didn't come on the program. 1846 01:29:33,880 --> 01:29:36,799 Speaker 2: I couldn't not remotely upset. I found it more entertaining 1847 01:29:36,880 --> 01:29:39,000 Speaker 2: having Luxon not on the program this morning, actually, and. 1848 01:29:39,080 --> 01:29:39,960 Speaker 4: We should do that more often. 1849 01:29:40,040 --> 01:29:40,240 Speaker 10: Yeah. 1850 01:29:40,240 --> 01:29:42,040 Speaker 2: I think the story of Luxon on the phone to 1851 01:29:42,520 --> 01:29:45,320 Speaker 2: Trump was far more entertaining than whatever Luckxin was going 1852 01:29:45,360 --> 01:29:47,320 Speaker 2: to sound on the prayer. So I'm not remotely upset? 1853 01:29:47,800 --> 01:29:50,599 Speaker 2: Does the iis? And interview tomorrow is my simple question? 1854 01:29:51,120 --> 01:29:54,280 Speaker 2: Does should he turn up tomorrow for a bit of 1855 01:29:54,360 --> 01:29:56,640 Speaker 2: a debrief and a bit of a I couldn't make 1856 01:29:56,680 --> 01:29:58,720 Speaker 2: it yesterday, so here I am today type vibe. What 1857 01:29:58,760 --> 01:30:01,200 Speaker 2: do you reckon about that? Anyway, We will be back 1858 01:30:01,280 --> 01:30:04,320 Speaker 2: no matter what as of six o'clock tomorrow morning, as always, 1859 01:30:04,600 --> 01:30:05,240 Speaker 2: Happy Days. 1860 01:30:08,840 --> 01:30:11,680 Speaker 1: For more from the Mic Asking Breakfast, listen live to 1861 01:30:11,840 --> 01:30:14,880 Speaker 1: news Talks at B from six am weekdays, or follow 1862 01:30:14,960 --> 01:30:16,480 Speaker 1: the podcast on iHeartRadio