1 00:00:00,280 --> 00:00:04,240 Speaker 1: New Zealand's home for trusted news and views. The Mic 2 00:00:04,320 --> 00:00:08,720 Speaker 1: Hosking Breakfast with Rainthrover leading by example, news togs, Dead be. 3 00:00:08,840 --> 00:00:11,119 Speaker 2: Building and Welcome Today, jobs stats are We're about to 4 00:00:11,119 --> 00:00:13,240 Speaker 2: turn the employment corner. We've got the foreshore and sea 5 00:00:13,320 --> 00:00:15,840 Speaker 2: bed that's go. After being bogged down and caught, we 6 00:00:15,880 --> 00:00:17,480 Speaker 2: look at the wine and the scream why so many 7 00:00:17,520 --> 00:00:19,360 Speaker 2: grapes had left on the vine these days? Mark and 8 00:00:19,400 --> 00:00:23,560 Speaker 2: Jinny pony up after Ray, Charles Feldman does Americus, Steve does, 9 00:00:23,920 --> 00:00:27,240 Speaker 2: Ohs pasking Welcome to the day, seven past six. So 10 00:00:27,320 --> 00:00:29,080 Speaker 2: the big deal about today in jobs is not the 11 00:00:29,080 --> 00:00:31,840 Speaker 2: fire points something. It's the vibe. I mean, fire point one, 12 00:00:31,880 --> 00:00:33,760 Speaker 2: five point two, five point three means nothing to most 13 00:00:33,800 --> 00:00:36,680 Speaker 2: of us. The is it up is what counts, along 14 00:00:36,680 --> 00:00:38,920 Speaker 2: with the is it up more than we thought or 15 00:00:38,960 --> 00:00:40,360 Speaker 2: not as much as we thought. You see, when the 16 00:00:40,440 --> 00:00:43,000 Speaker 2: job numbers came out Saturday in America, it had the 17 00:00:43,080 --> 00:00:45,360 Speaker 2: not as good as we thought vibe, and that led 18 00:00:45,400 --> 00:00:47,880 Speaker 2: to a woman getting sacked because the president desperately needed 19 00:00:47,880 --> 00:00:50,880 Speaker 2: something to deflect from the fact he's tanking the economy. Here, 20 00:00:50,920 --> 00:00:52,720 Speaker 2: nothing is dramatic will happen. Of course, most of the 21 00:00:52,760 --> 00:00:54,920 Speaker 2: market watches seem to agree it'll be up a bit, 22 00:00:54,960 --> 00:00:57,480 Speaker 2: possibly to five point three from five point one. Of 23 00:00:57,560 --> 00:01:00,760 Speaker 2: equal import is the participation rate, what center job us 24 00:01:00,800 --> 00:01:03,920 Speaker 2: are employed? Are the utilization rates? Also important, that's the 25 00:01:04,000 --> 00:01:05,679 Speaker 2: number of people who have worked but wouldn't mind a 26 00:01:05,680 --> 00:01:07,800 Speaker 2: bit more of it. For the government, this is the 27 00:01:07,800 --> 00:01:10,360 Speaker 2: really important bit, but it won't be answered today. Is 28 00:01:10,400 --> 00:01:13,759 Speaker 2: the is that it is today the worst of it 29 00:01:14,000 --> 00:01:16,360 Speaker 2: excepting that jobs are the last part of the economy 30 00:01:16,400 --> 00:01:18,759 Speaker 2: to come right and a turn around or a reboot, 31 00:01:18,880 --> 00:01:21,560 Speaker 2: a resurgence, or whatever it is we're supposed to be experiencing. 32 00:01:21,600 --> 00:01:24,840 Speaker 2: Then the big fingers crossed part for the government is 33 00:01:24,920 --> 00:01:26,760 Speaker 2: will we look back on the June quarter of twenty 34 00:01:26,760 --> 00:01:30,320 Speaker 2: five and say five point three was the bleakest it got, which, 35 00:01:30,360 --> 00:01:33,360 Speaker 2: by the way, glass half full at one point a 36 00:01:33,360 --> 00:01:35,319 Speaker 2: while back most people at a peak of five point 37 00:01:35,360 --> 00:01:37,319 Speaker 2: five and summers high as six. So if today is 38 00:01:37,319 --> 00:01:39,399 Speaker 2: five point three at a peak, wasn't the end of 39 00:01:39,400 --> 00:01:40,880 Speaker 2: the world, was it? But tell that to a person 40 00:01:40,880 --> 00:01:44,280 Speaker 2: who lost their job? Of course? Also, remember today is Darta. 41 00:01:44,280 --> 00:01:48,080 Speaker 2: From April, May and June, we're in Q three now July, August, September. 42 00:01:48,760 --> 00:01:50,760 Speaker 2: Are we seeing see right here right now, are we 43 00:01:50,800 --> 00:01:53,000 Speaker 2: seeing anything on the improved job wise? I mean our 44 00:01:53,000 --> 00:01:56,200 Speaker 2: adds up or applications per job done. Then we come 45 00:01:56,240 --> 00:01:59,280 Speaker 2: to wages. Wages will be produced today, wages a tip 46 00:01:59,360 --> 00:02:01,080 Speaker 2: to be a bit over time two percent inflations well 47 00:02:01,080 --> 00:02:04,160 Speaker 2: over two percent, So that's called going backwards, and I'm 48 00:02:04,160 --> 00:02:06,960 Speaker 2: not sure that's peaked either. Yes, we have signs of 49 00:02:07,000 --> 00:02:10,640 Speaker 2: economic light, but boy do you need a strong torch 50 00:02:10,680 --> 00:02:13,000 Speaker 2: to see it. So let's hope today helps. 51 00:02:14,760 --> 00:02:17,359 Speaker 1: News of the world in ninety seconds. 52 00:02:17,040 --> 00:02:19,040 Speaker 2: Middle East, where we may or may not find out 53 00:02:19,080 --> 00:02:22,000 Speaker 2: definitively whether nt Nyahu's going all in on Gaza. There 54 00:02:22,080 --> 00:02:23,959 Speaker 2: is though a growing list of Israelis with issues. 55 00:02:24,080 --> 00:02:26,960 Speaker 1: I'm afraid we shall have to move to take over 56 00:02:27,040 --> 00:02:27,400 Speaker 1: the entre. 57 00:02:27,960 --> 00:02:31,840 Speaker 3: But if the military has an idea that enables us 58 00:02:31,840 --> 00:02:35,600 Speaker 3: to reach the same goal without taking above all of Gaza, and. 59 00:02:35,960 --> 00:02:37,640 Speaker 1: I'm I'm sure that the government is going to look 60 00:02:37,680 --> 00:02:37,960 Speaker 1: at it. 61 00:02:38,200 --> 00:02:39,880 Speaker 2: This ran the place not long ago. 62 00:02:39,960 --> 00:02:45,200 Speaker 4: The time has come for these rails to show their 63 00:02:45,240 --> 00:02:49,919 Speaker 4: opposition in a not unclear terms, which needs to go 64 00:02:50,120 --> 00:02:52,320 Speaker 4: to the streets with seeming disobedience. 65 00:02:52,720 --> 00:02:54,560 Speaker 2: That's a hood. By the way, we have a report 66 00:02:54,560 --> 00:02:56,359 Speaker 2: from the US Coast Guard. Have they've been looking into 67 00:02:56,400 --> 00:02:57,640 Speaker 2: that explosion of the Titan? 68 00:02:57,720 --> 00:03:01,519 Speaker 5: Do you report picked our Ocean Gates in adequate design, certification, 69 00:03:01,680 --> 00:03:04,720 Speaker 5: maintenance and inspects and process for the Titan. There are 70 00:03:04,760 --> 00:03:08,560 Speaker 5: allegations of a toxic workplace culture at Ocean Gates. There 71 00:03:08,600 --> 00:03:12,000 Speaker 5: was an inadequate domestic and international regulatory framework and an 72 00:03:12,000 --> 00:03:13,679 Speaker 5: ineffective whistleber process. 73 00:03:13,919 --> 00:03:17,079 Speaker 2: Perhaps from that was going smoothly. Did in Britain couple 74 00:03:17,120 --> 00:03:19,239 Speaker 2: of things. Firstly the one in one out that they've 75 00:03:19,240 --> 00:03:21,400 Speaker 2: got with France on the legal migrant starts today. 76 00:03:21,440 --> 00:03:23,600 Speaker 6: We obviously want to be able to expand it as 77 00:03:23,680 --> 00:03:26,200 Speaker 6: much as possible, but we are trialing this and we've 78 00:03:26,240 --> 00:03:29,040 Speaker 6: been very clear about this being a pilot program. 79 00:03:29,200 --> 00:03:30,799 Speaker 2: Tories have already worked out what they think. 80 00:03:30,919 --> 00:03:33,359 Speaker 7: This is not going to make any difference whatsoever. 81 00:03:34,160 --> 00:03:38,680 Speaker 8: Fifty at best migrants being swapped with France is not 82 00:03:38,720 --> 00:03:40,160 Speaker 8: going to stop the booths. 83 00:03:40,320 --> 00:03:42,440 Speaker 2: Could she be right? We also have a growing list 84 00:03:42,480 --> 00:03:45,720 Speaker 2: around funding or an issue around funding for these GLP 85 00:03:45,920 --> 00:03:48,320 Speaker 2: one drugs. It's the old supply demand issue. 86 00:03:48,400 --> 00:03:52,320 Speaker 6: NHS England says that obesity costs the NHS eleven point 87 00:03:52,320 --> 00:03:56,640 Speaker 6: four billion pounds per annum as a pure NHS cost. Okay, 88 00:03:57,000 --> 00:03:59,320 Speaker 6: and we can't even afford to properly fund the role 89 00:03:59,320 --> 00:04:02,920 Speaker 6: out of life engine drug in year one just doesn't 90 00:04:02,960 --> 00:04:03,720 Speaker 6: make any sense. 91 00:04:03,800 --> 00:04:07,600 Speaker 2: Finally, Zoo talk Mark they're asking pet owners to donate 92 00:04:07,680 --> 00:04:11,560 Speaker 2: unwanted guinea pigs, rabbits, chickens and small horses. A bit 93 00:04:11,560 --> 00:04:13,040 Speaker 2: of a leap from a guinea pig to a small 94 00:04:13,120 --> 00:04:16,080 Speaker 2: horse really is in the meginner anyway. They want to 95 00:04:16,080 --> 00:04:18,480 Speaker 2: feed them to the zoo's predators, you know, your alligators, 96 00:04:18,520 --> 00:04:20,080 Speaker 2: all that sort of stuff. They want to enteritate, the 97 00:04:20,440 --> 00:04:23,360 Speaker 2: imitate the natural food chain of the animals. Que the 98 00:04:23,400 --> 00:04:26,400 Speaker 2: social media outrage of Keith woe enough from people with 99 00:04:26,560 --> 00:04:28,400 Speaker 2: urban parts of the world who you don't understand how 100 00:04:28,400 --> 00:04:30,919 Speaker 2: it would. Here's the world of ninety speaking of not 101 00:04:31,000 --> 00:04:33,800 Speaker 2: understanding how it all works. They've announced this morning NASA 102 00:04:33,920 --> 00:04:36,120 Speaker 2: they're going to fast track not only they've already got 103 00:04:36,120 --> 00:04:37,560 Speaker 2: the plans, but they're not going to fast track the 104 00:04:37,560 --> 00:04:40,400 Speaker 2: plans to build a nuclear reactor on the Moon. And 105 00:04:40,480 --> 00:04:44,040 Speaker 2: so you think is that possible, Well, by twenty thirty, 106 00:04:44,240 --> 00:04:47,520 Speaker 2: which is only five years ago, five years away, ambitions 107 00:04:47,640 --> 00:04:49,800 Speaker 2: are to build a permanent base for US to live there. 108 00:04:50,120 --> 00:04:53,520 Speaker 2: This has all been driven by China and Russia, two 109 00:04:53,520 --> 00:04:56,720 Speaker 2: countries could potentially declare a keepout zone on the Moon. 110 00:04:56,839 --> 00:04:58,840 Speaker 2: So the America's going to have been exercised about that. 111 00:04:59,200 --> 00:05:00,599 Speaker 2: Coming up twelve six. 112 00:05:02,600 --> 00:05:07,440 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered 113 00:05:07,440 --> 00:05:08,560 Speaker 1: by News Talks by. 114 00:05:10,640 --> 00:05:13,800 Speaker 2: Tariff Talk. Two hundred and fifty percent. How about those numbers? 115 00:05:13,839 --> 00:05:16,960 Speaker 2: A two hundred and fifty percent, he thinks Trump says 116 00:05:16,960 --> 00:05:20,320 Speaker 2: from farmer fires are probably didn't help. Fires came out 117 00:05:20,320 --> 00:05:23,920 Speaker 2: overnight and bump their profit guidance top wall streets expectations. 118 00:05:23,960 --> 00:05:25,479 Speaker 2: They reckon. They're going to bring in revenue for this 119 00:05:25,560 --> 00:05:29,400 Speaker 2: year of somewhere between sixty one and sixty four billion dollars. 120 00:05:29,440 --> 00:05:33,200 Speaker 2: So there's a debate still do fully unfold. Fourteen past 121 00:05:33,279 --> 00:05:37,279 Speaker 2: six week m j am I Well, Panty tallaher, Welcome 122 00:05:37,279 --> 00:05:37,919 Speaker 2: to Wednesday. 123 00:05:38,360 --> 00:05:39,159 Speaker 9: Very good morning, MIKEE. 124 00:05:39,160 --> 00:05:42,400 Speaker 2: And every second Wednesday is Global Dairy Auction Day and 125 00:05:42,400 --> 00:05:44,200 Speaker 2: we always love those. At the moment of the day, 126 00:05:44,320 --> 00:05:47,920 Speaker 2: I mean, it's it's not booming, but it hasn't disappointed no, No. 127 00:05:47,960 --> 00:05:50,560 Speaker 8: I think we probably had the collective cy of relief 128 00:05:50,640 --> 00:05:53,240 Speaker 8: across the country. Back on the fifteenth of July, when 129 00:05:53,440 --> 00:05:56,120 Speaker 8: that was the last auction when the price index rose 130 00:05:56,160 --> 00:05:59,000 Speaker 8: one point one percent of that followed those four consecutive 131 00:05:59,080 --> 00:06:03,320 Speaker 8: auctions of falling prices. So overnight, yeah, steady as she goes. 132 00:06:03,360 --> 00:06:06,080 Speaker 8: I think outcome really with the price index lifting zero 133 00:06:06,160 --> 00:06:11,279 Speaker 8: point seven percent and the global media sensation that is butter. 134 00:06:11,600 --> 00:06:14,000 Speaker 8: I note that the price has fallen three point eight 135 00:06:14,000 --> 00:06:16,720 Speaker 8: percent in the auction. Not sure what or whether that 136 00:06:16,760 --> 00:06:19,120 Speaker 8: has any material impact on the cost of a five 137 00:06:19,160 --> 00:06:21,480 Speaker 8: hundred grams of butter any local supermarket. 138 00:06:21,560 --> 00:06:22,560 Speaker 10: I suspect it doesn't. 139 00:06:22,560 --> 00:06:25,239 Speaker 8: But croissant makers around the world will be breathing aside 140 00:06:25,240 --> 00:06:28,800 Speaker 8: of relief, won't they. So two big product skim milk powder, 141 00:06:28,839 --> 00:06:31,280 Speaker 8: whole milk powder. They are both up zero point four 142 00:06:31,320 --> 00:06:34,920 Speaker 8: percent of skill whole mik powder plus two point one percent. 143 00:06:35,160 --> 00:06:37,560 Speaker 10: Look, look, I think we can relax a little bit. 144 00:06:37,680 --> 00:06:42,040 Speaker 8: I think there isn't a precipitous market decline in dairy prices. 145 00:06:42,120 --> 00:06:45,720 Speaker 8: So we had those four auctions, but it's stabilized now generally. 146 00:06:45,760 --> 00:06:49,400 Speaker 10: I would just comment, Mike, the AZ Commodity Price. 147 00:06:49,160 --> 00:06:52,080 Speaker 8: Index was released yesterday. That index did fall in July, 148 00:06:52,240 --> 00:06:54,760 Speaker 8: and dairy products, dairy product prices. 149 00:06:54,400 --> 00:06:55,640 Speaker 10: Did weigh on that index. 150 00:06:55,800 --> 00:06:57,560 Speaker 8: But if you look at the whole year, just take 151 00:06:57,600 --> 00:07:00,800 Speaker 8: a wee step back, the commodity price index is up 152 00:07:00,839 --> 00:07:04,000 Speaker 8: ten point seven percent over the twelve months, so it 153 00:07:04,000 --> 00:07:07,279 Speaker 8: has been a very healthy year for the commodity prices 154 00:07:07,279 --> 00:07:08,520 Speaker 8: that are important to us. 155 00:07:08,800 --> 00:07:13,200 Speaker 2: Thank the Good Lord. Do we see light in China? Andrew, yeah, 156 00:07:13,200 --> 00:07:13,840 Speaker 2: this is interesting. 157 00:07:13,880 --> 00:07:17,160 Speaker 8: So look in the postal of Global Dairy Trade Auction 158 00:07:17,240 --> 00:07:19,080 Speaker 8: and Analysis, we always do look at the role of 159 00:07:19,360 --> 00:07:20,400 Speaker 8: Asia and the bidding. 160 00:07:20,600 --> 00:07:22,880 Speaker 10: Is China buying our dairy products, so look, it's a 161 00:07:22,960 --> 00:07:24,040 Speaker 10: key export partner. 162 00:07:24,240 --> 00:07:25,960 Speaker 8: And Mike I said, we always do try and keep 163 00:07:25,960 --> 00:07:29,400 Speaker 8: a watchful lie on how the Chinese economy is developing. 164 00:07:29,600 --> 00:07:33,280 Speaker 8: Last week we spoke about the official the government calculated PMI, 165 00:07:33,400 --> 00:07:35,080 Speaker 8: the Pitching Managers Index in. 166 00:07:35,120 --> 00:07:36,080 Speaker 10: China, and it was weak. 167 00:07:36,720 --> 00:07:39,760 Speaker 8: There are ongoing concerns about the health of the manufacturing 168 00:07:39,840 --> 00:07:43,520 Speaker 8: sector in China, the clearly elevated level of tension or 169 00:07:43,520 --> 00:07:45,360 Speaker 8: trade tension in China, and the US still in a 170 00:07:45,400 --> 00:07:50,880 Speaker 8: trade deal, and look that global trade reorganization reset inevitably 171 00:07:50,920 --> 00:07:53,640 Speaker 8: will impact on manufacturing China. But yesterday we had the 172 00:07:53,680 --> 00:07:56,400 Speaker 8: release of what's called the Kaijun PMI This is the 173 00:07:56,480 --> 00:08:00,320 Speaker 8: S and P Global China General Services PMI, So the 174 00:08:00,440 --> 00:08:03,400 Speaker 8: services sector it's a private's, non government figure and it 175 00:08:03,480 --> 00:08:04,120 Speaker 8: was more buoyant. 176 00:08:04,120 --> 00:08:04,320 Speaker 9: Mike. 177 00:08:04,360 --> 00:08:08,080 Speaker 8: We see the service sector is expanding at a stronger. 178 00:08:07,760 --> 00:08:09,280 Speaker 10: Pace at the start of the third quarter. 179 00:08:09,520 --> 00:08:13,160 Speaker 8: Headline business activity rows to fifty two point six in July. 180 00:08:13,560 --> 00:08:16,920 Speaker 8: That's up from fifty point six in June. So expansion 181 00:08:17,360 --> 00:08:19,760 Speaker 8: of the services sector in China. The thing is, Mike, 182 00:08:19,880 --> 00:08:23,960 Speaker 8: is the services sector has been consistently positive for about 183 00:08:23,960 --> 00:08:25,720 Speaker 8: two and a half years. It's been over fifty. So 184 00:08:26,080 --> 00:08:28,920 Speaker 8: it's not the problem, as I said, it's the manufacturing 185 00:08:28,960 --> 00:08:32,520 Speaker 8: issues of the problem, and a continuation of the hangover 186 00:08:32,640 --> 00:08:35,600 Speaker 8: of that sort of property market, the terrible property market 187 00:08:35,600 --> 00:08:38,440 Speaker 8: issues that they had. And I suppose quickly, Mike, while 188 00:08:38,440 --> 00:08:41,240 Speaker 8: we're talking about key export partners the other ones. 189 00:08:41,280 --> 00:08:41,839 Speaker 10: Australia. 190 00:08:42,120 --> 00:08:45,280 Speaker 8: Household spending numbers released in Australia they looked pre robust, 191 00:08:45,480 --> 00:08:47,920 Speaker 8: a little below expectation, four point eight percent lift. 192 00:08:48,240 --> 00:08:51,040 Speaker 2: It's ridiculous. Explain it to me just really quickly, because 193 00:08:51,040 --> 00:08:53,599 Speaker 2: they're confidence numbers are the highest that came out. You 194 00:08:53,920 --> 00:08:56,280 Speaker 2: higher than three years. You can't afford a house. There 195 00:08:56,280 --> 00:08:58,880 Speaker 2: were one point seven million in Sydney. Their interest rates 196 00:08:58,880 --> 00:09:01,200 Speaker 2: aren't necessarily any better than ours are. I mean, what 197 00:09:01,840 --> 00:09:03,800 Speaker 2: are they just fundamentally better than we are? 198 00:09:04,320 --> 00:09:07,320 Speaker 10: Well, look what was what's the nickname? The Lucky Country? 199 00:09:07,400 --> 00:09:10,520 Speaker 8: I mean, ultimately they can always lean back on and 200 00:09:10,679 --> 00:09:13,199 Speaker 8: lean into, which is you know, one of these one 201 00:09:13,200 --> 00:09:15,320 Speaker 8: of the cliches that we use these days. But they 202 00:09:15,360 --> 00:09:16,840 Speaker 8: just did stuff out of the ground and send it 203 00:09:16,840 --> 00:09:18,680 Speaker 8: out the country, and they suppose. 204 00:09:18,320 --> 00:09:20,520 Speaker 10: They've always got that to fall back on. 205 00:09:21,080 --> 00:09:23,240 Speaker 8: It's a larger country than us, so over sort of 206 00:09:23,240 --> 00:09:25,160 Speaker 8: twenty million people, and they just do seem to be 207 00:09:25,200 --> 00:09:25,559 Speaker 8: able to. 208 00:09:25,480 --> 00:09:28,960 Speaker 2: They just generate seem more overtly optimistic though, because they 209 00:09:29,000 --> 00:09:30,920 Speaker 2: were saying yesterday, look there's been a couple of cuts 210 00:09:30,920 --> 00:09:33,319 Speaker 2: in the interest rates. I mean, well they've gone mental 211 00:09:33,480 --> 00:09:35,320 Speaker 2: where we've had five or six cuts in the interest 212 00:09:35,400 --> 00:09:37,160 Speaker 2: rates and you know what I mean, it's not the same. Well, 213 00:09:37,200 --> 00:09:38,800 Speaker 2: I just wonder if they've got a different mindset. 214 00:09:39,640 --> 00:09:42,600 Speaker 8: I think the definitely is it is always seen as 215 00:09:42,600 --> 00:09:45,120 Speaker 8: being a slightly more land of opportunity than the New 216 00:09:45,200 --> 00:09:48,080 Speaker 8: Zealand is, and it's always attractive on that basis. 217 00:09:48,160 --> 00:09:50,679 Speaker 2: They do they Braks have a better job market than 218 00:09:50,720 --> 00:09:53,199 Speaker 2: ours and ours. What are you calling five point three today? 219 00:09:54,080 --> 00:09:54,320 Speaker 11: Yes? 220 00:09:54,400 --> 00:09:57,079 Speaker 8: So, look, the vibe is that the labor market is 221 00:09:57,120 --> 00:10:00,000 Speaker 8: weakened back, and unemployment rate, unemployment rate always the same 222 00:10:00,120 --> 00:10:03,400 Speaker 8: retention census called is five point three percent. Just remember 223 00:10:03,720 --> 00:10:07,079 Speaker 8: that labor market is a lagging indicator's end of cycle stuff. 224 00:10:07,080 --> 00:10:09,320 Speaker 8: But I think you and your little editor remote I 225 00:10:09,360 --> 00:10:11,280 Speaker 8: agree with you. I think this is going to start 226 00:10:11,320 --> 00:10:13,080 Speaker 8: to shinel out on the political situation. 227 00:10:13,480 --> 00:10:14,800 Speaker 10: The pressure is coming on. 228 00:10:14,880 --> 00:10:18,120 Speaker 8: We're only a year away from election becoming front and center, 229 00:10:18,200 --> 00:10:22,560 Speaker 8: and employment and wages, that's how people feel the economy. 230 00:10:22,760 --> 00:10:24,480 Speaker 8: I want to say, how do you react to the economy, Well, 231 00:10:24,480 --> 00:10:26,800 Speaker 8: it's whether you've got a job, whether you're getting paid more, 232 00:10:26,840 --> 00:10:28,280 Speaker 8: and probably whether your house price. 233 00:10:28,120 --> 00:10:28,520 Speaker 9: Is going up. 234 00:10:28,679 --> 00:10:32,480 Speaker 2: Factly, and please never call it a little editorial lever again, Now, 235 00:10:33,000 --> 00:10:38,040 Speaker 2: what are the numbers? One of the numbers, Oh god, 236 00:10:38,040 --> 00:10:38,760 Speaker 2: I'll never look that. 237 00:10:38,880 --> 00:10:41,600 Speaker 10: Down forty four one hundred and nineteen. 238 00:10:41,640 --> 00:10:44,520 Speaker 8: That's the Dow Jones minus fifty seven points point one 239 00:10:44,600 --> 00:10:47,600 Speaker 8: three the Nasdaq six thy three hundred and eighteen. It's 240 00:10:47,600 --> 00:10:50,080 Speaker 8: down eleven points point one seven percent, and the Nasdaq 241 00:10:50,160 --> 00:10:54,240 Speaker 8: down eighty points point three eight twenty thousand nine hundred 242 00:10:54,280 --> 00:10:57,360 Speaker 8: and seventy two are the Forts one hundred overnight up 243 00:10:57,400 --> 00:11:02,000 Speaker 8: point one six percent, the nick a point sixty four percent, 244 00:11:02,080 --> 00:11:04,520 Speaker 8: and the Shanghai Compett up just under one percent. The 245 00:11:04,559 --> 00:11:07,080 Speaker 8: Australasian markets make had a good day yesterday. The A 246 00:11:07,200 --> 00:11:09,520 Speaker 8: six two hundred close at eight seven seven o that 247 00:11:09,640 --> 00:11:11,680 Speaker 8: was at one point twenty three percent, and then the 248 00:11:11,760 --> 00:11:13,920 Speaker 8: Little Ends at X fifty was. 249 00:11:13,840 --> 00:11:14,880 Speaker 10: At one and a half percent. 250 00:11:14,920 --> 00:11:17,000 Speaker 8: Twelve thousand, eight hundred and seventy seven chem Wei dollar 251 00:11:17,600 --> 00:11:19,720 Speaker 8: point five to eight nine nine, just under the fifty 252 00:11:19,800 --> 00:11:21,559 Speaker 8: nine cents point nine to one one oh against the 253 00:11:21,559 --> 00:11:24,040 Speaker 8: ossie point five to nine three euro point four four 254 00:11:24,120 --> 00:11:25,679 Speaker 8: three three pounds. 255 00:11:25,200 --> 00:11:28,200 Speaker 10: Eighty seven per er seven Japanese en gold three thousand, three. 256 00:11:28,160 --> 00:11:30,440 Speaker 8: Hundred and seventy nine dollars and a little edge down 257 00:11:30,480 --> 00:11:34,040 Speaker 8: again good and breakthrough sixty seven dollars and eighty four cents. 258 00:11:33,880 --> 00:11:36,760 Speaker 2: Go well see tomorrow. Andrew kelliher jmowalth dot co, dot 259 00:11:36,840 --> 00:11:40,880 Speaker 2: n Z car numbers for Tesla and BYD out of Europe. 260 00:11:40,920 --> 00:11:45,120 Speaker 2: Oh my god, so in Britain and Germany, Tesla's fallen 261 00:11:45,160 --> 00:11:50,320 Speaker 2: off yet another cliff. BYD can do no wrong. Sales 262 00:11:50,320 --> 00:11:53,440 Speaker 2: are down in the UK for Tesla sixty percent in 263 00:11:53,520 --> 00:11:58,800 Speaker 2: Germany fifty five percent byd in Europe generally, just the 264 00:11:58,920 --> 00:12:03,600 Speaker 2: quadrupling of sales in Germany specifically up three hundred and 265 00:12:03,880 --> 00:12:07,839 Speaker 2: ninety percent six twenty one. Who Reviews Talks EDB. 266 00:12:08,240 --> 00:12:11,640 Speaker 12: Yes, God, it's the rest. 267 00:12:13,040 --> 00:12:17,520 Speaker 1: The Vice Asking Breakfast Full Show podcast on iHeartRadio powered 268 00:12:17,520 --> 00:12:18,480 Speaker 1: by News Talks AB. 269 00:12:19,880 --> 00:12:20,120 Speaker 9: Yeah. 270 00:12:20,120 --> 00:12:22,240 Speaker 2: The big difference, Mike is that just in Australia, we've 271 00:12:22,240 --> 00:12:24,320 Speaker 2: got two girls there at UNI and people are simply 272 00:12:24,360 --> 00:12:27,320 Speaker 2: more positive, more enthusiastic, more energetic. It's exhausting to watch 273 00:12:27,360 --> 00:12:30,720 Speaker 2: at times. That's part of it, I think, Mike. The 274 00:12:30,760 --> 00:12:33,000 Speaker 2: other thing we forget about Australia is their super minimum 275 00:12:33,000 --> 00:12:36,920 Speaker 2: twelve percent employee. Yep, they're probably feeling wealthier. But and 276 00:12:37,080 --> 00:12:38,920 Speaker 2: Andrew's right, of course, I mean the iron ore and 277 00:12:38,960 --> 00:12:41,000 Speaker 2: all the stuff that comes out of WA. But then again, 278 00:12:41,080 --> 00:12:43,560 Speaker 2: we've got deary. But this is the number I saw yesterday, 279 00:12:43,600 --> 00:12:45,800 Speaker 2: the consumer price of this the A and Z Roy 280 00:12:45,840 --> 00:12:49,200 Speaker 2: Morgan consumer confidence. It's up three point nine. It's through 281 00:12:49,240 --> 00:12:53,520 Speaker 2: the roof. Across every measure current and future financial conditions. 282 00:12:53,559 --> 00:12:57,760 Speaker 2: Consumers are more upbeat confidence future household finances rose sharply 283 00:12:58,320 --> 00:13:01,679 Speaker 2: and they've cut the cash right and everyone's gone. The 284 00:13:01,760 --> 00:13:07,120 Speaker 2: Australian housing market has gone nuts on two cuts medium 285 00:13:07,120 --> 00:13:09,920 Speaker 2: price in Sydney one point seven. It's basically twice as 286 00:13:09,960 --> 00:13:12,280 Speaker 2: expensive to buy a house in Sydney as it is 287 00:13:12,320 --> 00:13:14,400 Speaker 2: in Auckland, and yet they can't get enough of it. 288 00:13:14,920 --> 00:13:15,720 Speaker 2: Explain that to me. 289 00:13:15,760 --> 00:13:20,360 Speaker 1: Six twenty five Trending now with Chemist Well house Keeping 290 00:13:20,440 --> 00:13:22,160 Speaker 1: Kiwi's healthy all year round? 291 00:13:22,240 --> 00:13:24,680 Speaker 2: Are you from Netflix? This morning? We've got J Kelly 292 00:13:24,800 --> 00:13:28,840 Speaker 2: stars George Clooney as a famous actor and Adam Sandler 293 00:13:28,920 --> 00:13:31,240 Speaker 2: as his manager. They go on a profound journey to 294 00:13:31,280 --> 00:13:33,160 Speaker 2: talk about the legacies they'll leave behind. 295 00:13:37,600 --> 00:13:50,280 Speaker 13: J Kelly, j K, Jay Kelly at him. 296 00:13:53,120 --> 00:13:58,320 Speaker 1: J Kelly. J Kelly is a hero, JK. 297 00:13:58,720 --> 00:14:00,400 Speaker 13: What do you say to people who saying you a 298 00:14:00,559 --> 00:14:01,360 Speaker 13: new key yourself? 299 00:14:01,679 --> 00:14:04,040 Speaker 1: I think what you do is magic. You know how 300 00:14:04,120 --> 00:14:05,320 Speaker 1: difficult it is to be yourself? 301 00:14:05,440 --> 00:14:05,920 Speaker 7: Do you try it? 302 00:14:06,240 --> 00:14:08,400 Speaker 9: You make movies? That's what the world winds from me. 303 00:14:09,800 --> 00:14:12,320 Speaker 13: How can I play people? And I don't see people 304 00:14:13,280 --> 00:14:13,880 Speaker 13: touch people? 305 00:14:14,080 --> 00:14:15,320 Speaker 1: Don't touch people. 306 00:14:18,240 --> 00:14:19,240 Speaker 2: Yeah, it's got a good viome. 307 00:14:19,280 --> 00:14:19,600 Speaker 9: I like that. 308 00:14:20,040 --> 00:14:22,880 Speaker 2: Select cinemas whatever that means these days. In November twenty. 309 00:14:23,480 --> 00:14:27,200 Speaker 2: It'll be on Netflix in time for your Christmas watch 310 00:14:27,320 --> 00:14:29,600 Speaker 2: December five. By the way, a couple of things are 311 00:14:29,640 --> 00:14:31,520 Speaker 2: raised on the program yesterday they want to cover off 312 00:14:31,560 --> 00:14:34,160 Speaker 2: this morning. One is grapes. I'm concerned about the number 313 00:14:34,160 --> 00:14:35,600 Speaker 2: of gropes being left on the buy and I'm wondering 314 00:14:35,640 --> 00:14:38,120 Speaker 2: if we've got too many contractors and too many people 315 00:14:38,200 --> 00:14:40,840 Speaker 2: just putting in a big plastic bladders and driving them 316 00:14:40,880 --> 00:14:42,640 Speaker 2: on a truck somewhere and putting a screw cap on 317 00:14:42,720 --> 00:14:45,000 Speaker 2: and ending up at Sainsbury's three ninety nine. I wonder 318 00:14:45,000 --> 00:14:47,080 Speaker 2: whether that's the future of the New Zealand wine industry. 319 00:14:47,160 --> 00:14:49,280 Speaker 2: So we'll look into that. Other thing I'm interested in 320 00:14:49,480 --> 00:14:52,280 Speaker 2: is this deal with the four major gen Taylors who 321 00:14:52,360 --> 00:14:54,400 Speaker 2: have gone and bought the world's cold put it in 322 00:14:54,480 --> 00:14:57,680 Speaker 2: a big pilot huntly and that's the answer for generation 323 00:14:57,880 --> 00:15:00,800 Speaker 2: at least for now until we get our renewable act together. 324 00:15:01,360 --> 00:15:03,120 Speaker 2: So a couple of questions around that. We'll get into 325 00:15:03,160 --> 00:15:06,520 Speaker 2: that directly after the news. You're on the Mike Hosking 326 00:15:06,520 --> 00:15:08,000 Speaker 2: Breakfast that used to a set. 327 00:15:07,920 --> 00:15:13,960 Speaker 1: Me setting the agenda and talking the big issues. The 328 00:15:14,200 --> 00:15:19,880 Speaker 1: Mic Hosking Breakfast with Bailey's real estate altogether better across residential, commercial, 329 00:15:20,000 --> 00:15:21,720 Speaker 1: and rural. News talks head been. 330 00:15:21,680 --> 00:15:24,040 Speaker 2: Charles Peldman's doing the business and the States for shortly 331 00:15:24,400 --> 00:15:26,360 Speaker 2: twenty three minutes away from seven back to the business 332 00:15:26,400 --> 00:15:28,200 Speaker 2: of the power, the hope of the state this country 333 00:15:28,200 --> 00:15:30,800 Speaker 2: finds itself in every winter. The Big Four gen Taylor's asm, 334 00:15:30,960 --> 00:15:33,240 Speaker 2: hopefully you're sure you are aware, have cut a deal 335 00:15:33,280 --> 00:15:35,760 Speaker 2: to stockpile of coal as company for the next decade. Anyway, 336 00:15:35,840 --> 00:15:38,480 Speaker 2: Mercury says, we need more than that. Stuart Hamilton is 337 00:15:38,480 --> 00:15:40,560 Speaker 2: the chief executive Mercury and has with us very good 338 00:15:40,600 --> 00:15:43,280 Speaker 2: morning to you, good one of Mike. Can the Big 339 00:15:43,400 --> 00:15:45,560 Speaker 2: Four do what you're doing with coal and not draw 340 00:15:45,640 --> 00:15:47,920 Speaker 2: the attention of some sort of regulator like the ComCom. 341 00:15:50,000 --> 00:15:52,320 Speaker 7: I think there's a lot that's been done across the industry, 342 00:15:52,400 --> 00:15:53,760 Speaker 7: so I think for us, we know what we have 343 00:15:53,840 --> 00:15:56,200 Speaker 7: to do. We have to keep building renewables at pace, 344 00:15:56,800 --> 00:15:59,480 Speaker 7: whilst we're also working out what we do when we 345 00:15:59,640 --> 00:16:02,720 Speaker 7: need to extra firming through dry years like we've just experienced. 346 00:16:03,000 --> 00:16:05,120 Speaker 2: And so having ten years worth of COLDO and having 347 00:16:05,200 --> 00:16:07,680 Speaker 2: this plan, what does that tell us about the renewable 348 00:16:07,800 --> 00:16:09,760 Speaker 2: journey and who's on track and whether we're spending it 349 00:16:09,840 --> 00:16:10,560 Speaker 2: up and doing the enough. 350 00:16:11,640 --> 00:16:13,840 Speaker 7: It's definitely that the renewable journey can be a bit 351 00:16:13,880 --> 00:16:15,720 Speaker 7: bumping in as we've seen over the last couple of 352 00:16:15,800 --> 00:16:18,920 Speaker 7: years with the sudden and quite dramatic drop and gas 353 00:16:18,960 --> 00:16:21,960 Speaker 7: supplies in New Zealand, we've realized that actually we need 354 00:16:22,000 --> 00:16:23,720 Speaker 7: to keep building at pace, but we also need to 355 00:16:23,760 --> 00:16:26,280 Speaker 7: make sure that we've got this firm energy there so 356 00:16:26,720 --> 00:16:28,680 Speaker 7: when the wind stop blowing or the sun's not shining, 357 00:16:28,920 --> 00:16:30,840 Speaker 7: we've got the ability to be able to provide that 358 00:16:30,920 --> 00:16:32,080 Speaker 7: powerfu when you' yeland. 359 00:16:32,080 --> 00:16:35,520 Speaker 2: Okay, so do you see the transition working? I mean, 360 00:16:35,600 --> 00:16:37,640 Speaker 2: how would you describe the state of the market right now, 361 00:16:37,920 --> 00:16:40,120 Speaker 2: right here, right now for these last couple of winters 362 00:16:40,240 --> 00:16:42,440 Speaker 2: and our lack of supply, our lack of renewables, all 363 00:16:42,480 --> 00:16:43,320 Speaker 2: of that, Where are we at. 364 00:16:44,400 --> 00:16:46,960 Speaker 7: I'd say there's definitely been a huge impact, right It's 365 00:16:47,000 --> 00:16:49,960 Speaker 7: been fouled across the market, whether you're actually producing aultristye 366 00:16:50,000 --> 00:16:52,120 Speaker 7: or you're consuming it. And so there's no doubt there's 367 00:16:52,160 --> 00:16:54,640 Speaker 7: been an impact, and there's no doubt that we need 368 00:16:54,720 --> 00:16:55,720 Speaker 7: to be doing more than. 369 00:16:55,640 --> 00:16:56,280 Speaker 9: What we have been. 370 00:16:56,320 --> 00:16:59,080 Speaker 7: And so I think there's there's positive signs ahead of us. 371 00:17:00,000 --> 00:17:02,440 Speaker 7: I think we've been able to foresee the position we've 372 00:17:02,480 --> 00:17:05,880 Speaker 7: gotten into, particularly with the sudden drop off and gas. 373 00:17:06,480 --> 00:17:08,520 Speaker 7: A little while ago we had this situation with TII, 374 00:17:08,560 --> 00:17:10,240 Speaker 7: which is sort of a bit of an overhang. But 375 00:17:10,359 --> 00:17:12,679 Speaker 7: now if you look at the rate that things are growing, 376 00:17:13,480 --> 00:17:16,760 Speaker 7: getting pretty good, and actually over the last of three 377 00:17:16,880 --> 00:17:18,920 Speaker 7: years we've built about the cob a ten percent of 378 00:17:18,960 --> 00:17:22,520 Speaker 7: New Zealand's grid again, so there's a fair bit going on. 379 00:17:22,680 --> 00:17:25,159 Speaker 7: It's just ultimately, do we have the ability to be 380 00:17:25,200 --> 00:17:27,479 Speaker 7: able to build at the pace and firm it at 381 00:17:27,520 --> 00:17:30,960 Speaker 7: the pace that's going to write the basically provide the 382 00:17:31,080 --> 00:17:33,600 Speaker 7: confidence for not only just households but also the small, 383 00:17:33,720 --> 00:17:35,600 Speaker 7: medium and large industrials in New Zealand. 384 00:17:35,800 --> 00:17:38,959 Speaker 2: Answer your own question, can we we can? 385 00:17:39,160 --> 00:17:42,120 Speaker 7: Yeah? I think at the moment, for example, Mercury we're 386 00:17:42,119 --> 00:17:45,280 Speaker 7: investing in one billion dollars into geothermal in the wind. 387 00:17:45,720 --> 00:17:46,240 Speaker 14: That's great. 388 00:17:46,760 --> 00:17:49,080 Speaker 7: Other gent tailors and actually a number of independents are 389 00:17:49,119 --> 00:17:52,640 Speaker 7: now involved building as well, which is fantastic. Beastually becomes 390 00:17:52,880 --> 00:17:54,879 Speaker 7: if we have dry periods like we have over the 391 00:17:54,960 --> 00:17:57,119 Speaker 7: last couple of years, how do we make sure we've 392 00:17:57,160 --> 00:17:59,760 Speaker 7: got power in those times. That's why the hunting deal 393 00:17:59,840 --> 00:18:02,920 Speaker 7: is right. But we need more, you know, we GEFRM 394 00:18:02,960 --> 00:18:05,440 Speaker 7: and we believe's got a massive role to play and 395 00:18:05,600 --> 00:18:08,159 Speaker 7: so for example ourselves, we're putting a fair bit of 396 00:18:08,160 --> 00:18:08,680 Speaker 7: effort into that. 397 00:18:08,800 --> 00:18:10,840 Speaker 2: Also, we had Jones on the program and the other 398 00:18:10,920 --> 00:18:13,840 Speaker 2: day about the geothermal thing. Is it easy, can it 399 00:18:13,960 --> 00:18:16,840 Speaker 2: be done? And whins it on stream? And what weight 400 00:18:16,880 --> 00:18:18,640 Speaker 2: do you place on geothermal in the mix? 401 00:18:20,119 --> 00:18:22,640 Speaker 7: Geo thermal has a huge role to play. About twenty 402 00:18:22,680 --> 00:18:24,840 Speaker 7: percent of the New Zealand's power comes of GEFFRM and 403 00:18:25,119 --> 00:18:29,080 Speaker 7: that's world leading. It's easy. It's not that easy. There's 404 00:18:29,080 --> 00:18:30,879 Speaker 7: a fair amount of drilling that needs to take place. 405 00:18:31,119 --> 00:18:33,000 Speaker 7: It's quite a lot of technical know how that needs 406 00:18:33,040 --> 00:18:35,480 Speaker 7: to be used. But New Zealand's world leading in that space. 407 00:18:36,080 --> 00:18:39,000 Speaker 7: We've got projects ahead of us to do that. But 408 00:18:39,119 --> 00:18:40,800 Speaker 7: it's going to be part of the mix, but not 409 00:18:40,920 --> 00:18:41,440 Speaker 7: the whole thing. 410 00:18:41,680 --> 00:18:44,080 Speaker 2: If you go back to the Onslow scrap, which was 411 00:18:44,160 --> 00:18:47,840 Speaker 2: it killed the desire to invest. Are the settings as 412 00:18:47,920 --> 00:18:49,879 Speaker 2: you said here talking to us this morning, right. 413 00:18:51,119 --> 00:18:54,080 Speaker 7: I believe so there's definitely right market signals now, So 414 00:18:54,480 --> 00:18:56,520 Speaker 7: there's the signals being sent to say we need to 415 00:18:56,600 --> 00:18:59,879 Speaker 7: keep building and we are doing that. There's signals that 416 00:19:00,119 --> 00:19:03,560 Speaker 7: being sent to say do it at pace, and we're 417 00:19:03,600 --> 00:19:05,800 Speaker 7: going at pace. That The issue is how long does 418 00:19:05,840 --> 00:19:07,680 Speaker 7: it take to actually bring some of those on streams. 419 00:19:07,760 --> 00:19:09,760 Speaker 7: So from the time we sort of press the button 420 00:19:09,840 --> 00:19:11,800 Speaker 7: to build a wind farm, you know, you press the 421 00:19:11,840 --> 00:19:14,240 Speaker 7: button and then it's sort of the machine starts to churn, 422 00:19:14,280 --> 00:19:16,280 Speaker 7: and over the space of a two or three years 423 00:19:16,320 --> 00:19:19,720 Speaker 7: a wind farm will be built. But that obviously, through 424 00:19:19,760 --> 00:19:21,600 Speaker 7: that time creates an issue where you might not have 425 00:19:21,720 --> 00:19:23,560 Speaker 7: the power when you need it, and that's where you 426 00:19:23,640 --> 00:19:26,320 Speaker 7: need it. A suite or a portfolio of different mechanisms, 427 00:19:26,359 --> 00:19:28,720 Speaker 7: which include the Huntley firming. 428 00:19:29,080 --> 00:19:31,960 Speaker 2: In what year do I get you on this program 429 00:19:32,200 --> 00:19:34,320 Speaker 2: and we no longer need to talk about winter and 430 00:19:34,400 --> 00:19:36,560 Speaker 2: winter being a problem and having a production drag for 431 00:19:36,640 --> 00:19:37,119 Speaker 2: this country. 432 00:19:39,200 --> 00:19:41,239 Speaker 7: I can't want an exact date, but I'd say over 433 00:19:41,240 --> 00:19:43,960 Speaker 7: the next few years we'll get there. There's certainly a 434 00:19:44,040 --> 00:19:46,040 Speaker 7: fair amount of energy being built. 435 00:19:46,080 --> 00:19:46,240 Speaker 15: Now. 436 00:19:46,880 --> 00:19:49,679 Speaker 7: The only thing will happen is if something again suddenly 437 00:19:49,800 --> 00:19:51,680 Speaker 7: comes out of left field. But by the time you 438 00:19:51,760 --> 00:19:54,280 Speaker 7: combine the wind that's been built, the sol that's been built, 439 00:19:54,320 --> 00:19:56,359 Speaker 7: the gef therm or that's been built. Back it up 440 00:19:56,359 --> 00:19:59,119 Speaker 7: with the Huntley firming options. I think we're putting ourselves 441 00:19:59,119 --> 00:20:01,159 Speaker 7: in a really good position and you can see that 442 00:20:01,240 --> 00:20:05,000 Speaker 7: at the moment with there's a green shoots. I'd say 443 00:20:05,040 --> 00:20:09,280 Speaker 7: in terms of industrial demand, we're seeing Fonterra electrifying. We've 444 00:20:09,320 --> 00:20:11,879 Speaker 7: got great projects with the likes of Busy who are 445 00:20:12,080 --> 00:20:14,560 Speaker 7: committed to twenty years. We've had TII, which is a 446 00:20:14,600 --> 00:20:18,560 Speaker 7: globally significant industry committee for twenty years and I think 447 00:20:18,560 --> 00:20:21,239 Speaker 7: when you combine that with a number of interests from 448 00:20:21,320 --> 00:20:23,720 Speaker 7: data centers, is a fairbit coming at us, which is 449 00:20:23,760 --> 00:20:24,359 Speaker 7: pretty exciting. 450 00:20:24,440 --> 00:20:27,560 Speaker 2: Fantastic good insights, Stuart, appreciate your expertise. Stuart Hamilton, chief 451 00:20:27,600 --> 00:20:30,040 Speaker 2: executive of Mercury New Zealand, will go to the States. 452 00:20:30,040 --> 00:20:32,760 Speaker 2: They're looking for Democrats who have fled in Texas. At 453 00:20:32,760 --> 00:20:36,000 Speaker 2: the moment, it's moderately amusing. I think eighteen to. 454 00:20:36,000 --> 00:20:40,959 Speaker 1: Two the Mic Hosking Breakfast Full Show podcast on iHeartRadio 455 00:20:41,200 --> 00:20:42,160 Speaker 1: cowed by News. 456 00:20:42,040 --> 00:20:45,160 Speaker 2: Talks b Well, very good news from Milford. They've done 457 00:20:45,160 --> 00:20:47,679 Speaker 2: it again eight years running. They've taken out the Consumer 458 00:20:47,720 --> 00:20:50,280 Speaker 2: New Zealand's People's Choice Award Keiwi Saber for their Milford 459 00:20:50,320 --> 00:20:53,160 Speaker 2: Keewe Saber Plan and there's more. Morning Star's latest independent 460 00:20:53,240 --> 00:20:54,840 Speaker 2: survey by the way, and if you want to read 461 00:20:54,880 --> 00:20:58,960 Speaker 2: at Morningstar dot com dot au, that shows that Milford's 462 00:20:58,960 --> 00:21:02,200 Speaker 2: had the number one performing KEYWYSAB funds in growth, balanced 463 00:21:02,280 --> 00:21:05,000 Speaker 2: and conservative categories for returns out of the past ten years. 464 00:21:05,200 --> 00:21:07,080 Speaker 2: So all is down to Milford's expert team as you 465 00:21:07,080 --> 00:21:09,840 Speaker 2: would imagine for their active approach and investing. So why 466 00:21:09,880 --> 00:21:12,600 Speaker 2: wouldn't you switch to Milford with the old keywisab So 467 00:21:13,040 --> 00:21:16,239 Speaker 2: it's not hard, takes minutes. Literally, you jump online, need 468 00:21:16,280 --> 00:21:18,880 Speaker 2: a photo ID, your ird number, bang, You're often ready. 469 00:21:19,040 --> 00:21:22,040 Speaker 2: Past performance is not a reliable indicator of future performance. 470 00:21:22,440 --> 00:21:25,600 Speaker 2: Milford Funds Limited is the issuer of the Milford Qusaber Plan, 471 00:21:25,800 --> 00:21:29,879 Speaker 2: so read the Milford Qusaber Plan product disclosure statement and 472 00:21:30,000 --> 00:21:32,600 Speaker 2: you get that at Melford Asset dot Com. Before investing. 473 00:21:32,640 --> 00:21:34,600 Speaker 2: You may wish to seek financial advice and for more 474 00:21:34,640 --> 00:21:37,600 Speaker 2: information on Milford's advice services and to see their financial 475 00:21:37,600 --> 00:21:40,600 Speaker 2: advice provider disclosure statement. Heres where you go Milford Asset 476 00:21:40,680 --> 00:21:44,800 Speaker 2: dot com slash Getting Dash Advice, Milford Asset dot Com 477 00:21:45,240 --> 00:21:50,640 Speaker 2: slash Getting Dash Advice, pasking in Devon might controls twenty 478 00:21:50,640 --> 00:21:52,520 Speaker 2: percent of the country's volume. This is grapes. We're in 479 00:21:52,600 --> 00:21:54,240 Speaker 2: two now, so I think we've sorted out the power 480 00:21:54,240 --> 00:21:57,000 Speaker 2: at least got an explanation. Will do grapes later in 481 00:21:57,080 --> 00:21:59,840 Speaker 2: Devon controls twenty percent of the country's volume and unbalanced 482 00:21:59,840 --> 00:22:02,680 Speaker 2: and healthy position for any wine growing region. Now ends 483 00:22:02,720 --> 00:22:05,520 Speaker 2: Villa Maria. Yes it does. I disagree with you, and 484 00:22:05,560 --> 00:22:06,800 Speaker 2: I'll explain why later. 485 00:22:07,320 --> 00:22:12,080 Speaker 16: It is fourteen two International correspondence with ends and eye insurance, 486 00:22:12,280 --> 00:22:13,920 Speaker 16: Peace of mind for New Zealand business. 487 00:22:14,160 --> 00:22:16,000 Speaker 2: Go to the sites and Cholens Pelton's doing the business 488 00:22:16,040 --> 00:22:17,399 Speaker 2: for us. This morning, Child's morning to you. 489 00:22:18,840 --> 00:22:19,720 Speaker 7: Good morning mite. 490 00:22:19,800 --> 00:22:21,720 Speaker 2: Now where are we at in Texas? Have they rounded 491 00:22:21,800 --> 00:22:23,680 Speaker 2: up any of those loose Democrats it or not? 492 00:22:25,640 --> 00:22:26,480 Speaker 6: Not yet? 493 00:22:26,960 --> 00:22:29,000 Speaker 15: You know, this is something that, as you know, the 494 00:22:29,080 --> 00:22:32,600 Speaker 15: Democrats are doing to try to head off a plan 495 00:22:32,800 --> 00:22:36,280 Speaker 15: by the Republicans in the state of Texas to rework 496 00:22:36,359 --> 00:22:39,280 Speaker 15: the way the districts are so that the vote come 497 00:22:39,359 --> 00:22:41,800 Speaker 15: the next election would go more in the favor of 498 00:22:41,880 --> 00:22:45,280 Speaker 15: the Republican Party. So the Democrats decided to up and 499 00:22:45,480 --> 00:22:48,960 Speaker 15: leave the state to various places like Illinois in California, 500 00:22:49,280 --> 00:22:52,000 Speaker 15: and they're saying they're not going to come back until 501 00:22:52,680 --> 00:22:56,000 Speaker 15: the Republicans dropped the plan, and meantime the Republican governors 502 00:22:56,040 --> 00:22:57,280 Speaker 15: trying to get them arrested. 503 00:22:57,359 --> 00:23:00,040 Speaker 7: But it's not particularly clear on what the charge this 504 00:23:00,240 --> 00:23:00,520 Speaker 7: would be. 505 00:23:00,920 --> 00:23:03,400 Speaker 2: There is a diet or timeline on this, and after 506 00:23:03,400 --> 00:23:05,119 Speaker 2: a while the court steps in. Isn't that right? 507 00:23:06,880 --> 00:23:07,040 Speaker 13: Yes? 508 00:23:07,560 --> 00:23:10,480 Speaker 15: Yes, But the problem is that this is a civil issue. 509 00:23:10,560 --> 00:23:13,040 Speaker 15: It's not a criminal issue in the state of Texas. 510 00:23:13,520 --> 00:23:15,879 Speaker 7: So at most the. 511 00:23:17,359 --> 00:23:21,119 Speaker 15: Democrats that have fled could be fined a certain amount 512 00:23:21,200 --> 00:23:24,080 Speaker 15: of money, but I don't think considering the stakes involved, 513 00:23:24,400 --> 00:23:27,200 Speaker 15: that that is going to weigh particularly heavily on their minds. 514 00:23:27,480 --> 00:23:29,879 Speaker 2: Okay, talk to me then about Epstein's So we got 515 00:23:29,920 --> 00:23:34,080 Speaker 2: the House Committee, that's opoenion, the Clinton's, the dogs involved. 516 00:23:35,280 --> 00:23:37,280 Speaker 2: What will we see in what we see? 517 00:23:39,000 --> 00:23:41,639 Speaker 15: Well, what you're probably not going to see, Mike, is 518 00:23:41,840 --> 00:23:45,760 Speaker 15: any great revelations. You know, it doesn't seem as if 519 00:23:45,800 --> 00:23:49,960 Speaker 15: there's anything about Jeffrey Epstein that is going to come 520 00:23:50,040 --> 00:23:53,920 Speaker 15: out that has not already leaked over the past few years. 521 00:23:53,960 --> 00:23:57,960 Speaker 15: But that has not stopped both the Republicans and the Democrats. 522 00:23:58,000 --> 00:24:00,440 Speaker 15: This is something they both seem to agree on in 523 00:24:00,600 --> 00:24:04,800 Speaker 15: trying to pursue more files from the Department of Justice 524 00:24:04,880 --> 00:24:09,000 Speaker 15: and elsewhere to see who was involved with Epstein, who 525 00:24:09,240 --> 00:24:13,040 Speaker 15: visited his island, who flew with him on his private jet. 526 00:24:13,240 --> 00:24:15,400 Speaker 15: But again, most of that stuff has already been out 527 00:24:15,440 --> 00:24:18,640 Speaker 15: there in the public domain, so it's not likely we're 528 00:24:18,680 --> 00:24:21,720 Speaker 15: going to see any major developments. But it is dragging 529 00:24:21,800 --> 00:24:23,480 Speaker 15: on and on and on, and it's the story that 530 00:24:23,680 --> 00:24:24,560 Speaker 15: just keeps on giving. 531 00:24:24,680 --> 00:24:27,520 Speaker 2: Yes, it is west wing. Trump was on the roof, 532 00:24:28,240 --> 00:24:30,159 Speaker 2: I'm assuming surveying his kingdom. 533 00:24:30,320 --> 00:24:30,480 Speaker 7: Was he. 534 00:24:33,480 --> 00:24:36,200 Speaker 15: That's actually a good way of putting it. I can't 535 00:24:36,280 --> 00:24:39,760 Speaker 15: remember anytime in well actually any time in history when 536 00:24:39,800 --> 00:24:42,520 Speaker 15: a president of the United States was seen wandering around 537 00:24:42,560 --> 00:24:44,359 Speaker 15: on the roof of the White House. 538 00:24:45,440 --> 00:24:48,159 Speaker 7: Apparently he was doing that because you know, he. 539 00:24:48,320 --> 00:24:52,919 Speaker 15: Fancies himself still a mastered builder, and he has ordered 540 00:24:52,960 --> 00:24:56,800 Speaker 15: a reworking of everything from the rose garden outside the 541 00:24:56,880 --> 00:25:00,320 Speaker 15: White House to a ballroom inside the White House. So 542 00:25:00,680 --> 00:25:05,440 Speaker 15: apparently he was surveying the project. But it is unusual 543 00:25:05,840 --> 00:25:08,400 Speaker 15: to see the least to see a president on top 544 00:25:08,440 --> 00:25:08,920 Speaker 15: of the roof. 545 00:25:09,359 --> 00:25:11,400 Speaker 2: Yeah, I don't think I've ever seen one on top 546 00:25:11,440 --> 00:25:13,200 Speaker 2: of the roof. Charles good to catch up Charles Feldman 547 00:25:13,240 --> 00:25:14,880 Speaker 2: out of the States this morning. By the way, it's 548 00:25:14,960 --> 00:25:16,960 Speaker 2: not going to apply to US, I don't think, but 549 00:25:17,280 --> 00:25:19,840 Speaker 2: they're now looking if you want to go to America 550 00:25:19,880 --> 00:25:22,399 Speaker 2: for a number of travelers to post fifteen thousand dollars bonds. 551 00:25:22,440 --> 00:25:25,480 Speaker 2: It's a pilot program basically, if you're from a country 552 00:25:25,520 --> 00:25:28,400 Speaker 2: with historically high visa over stay or rates, and it's 553 00:25:28,400 --> 00:25:31,080 Speaker 2: applying to whoever leisure and business travelers as well B 554 00:25:31,200 --> 00:25:33,440 Speaker 2: one or B two visas, which isn't US. The US 555 00:25:33,520 --> 00:25:35,480 Speaker 2: Department of State is going to I don't know if 556 00:25:35,520 --> 00:25:38,639 Speaker 2: they've officially announced it, but it's coming countries with the 557 00:25:38,680 --> 00:25:44,800 Speaker 2: most overstayers Mexico, Brazil, Columbia, Haiti, and Venezuela. So anywhere 558 00:25:44,800 --> 00:25:47,280 Speaker 2: between five ten and fifteen thousand dollars by way of 559 00:25:47,359 --> 00:25:49,720 Speaker 2: a bond you're going to have to stump up. So 560 00:25:49,760 --> 00:25:51,680 Speaker 2: it'll be interesting to see how that plays out. Speaking 561 00:25:51,720 --> 00:25:53,000 Speaker 2: of that part of the world, the southern part of 562 00:25:53,040 --> 00:25:56,040 Speaker 2: the America's Bolsonaro of course, had some very venues from 563 00:25:56,040 --> 00:25:58,840 Speaker 2: the Supreme Courts, so he's now under house arrest. Trump 564 00:25:58,920 --> 00:26:01,800 Speaker 2: follows us closely because he thinks Bolscenario is quite a 565 00:26:01,800 --> 00:26:04,080 Speaker 2: cool guy, so he's already said. I think the last 566 00:26:04,200 --> 00:26:07,480 Speaker 2: number I saw was fifty percent as in tariff. So 567 00:26:07,560 --> 00:26:10,560 Speaker 2: I'm sure that what the Supreme Court did yesterday isn't 568 00:26:10,560 --> 00:26:13,160 Speaker 2: going to help that particular cause. Turn away from seven. 569 00:26:13,840 --> 00:26:17,080 Speaker 1: The make Hosking Breakfast with Rainfrow Bern News Togs Dead 570 00:26:17,119 --> 00:26:17,520 Speaker 1: be Mike. 571 00:26:17,600 --> 00:26:21,679 Speaker 2: Electricity generators been dragging their feet for years on your renewables. 572 00:26:22,040 --> 00:26:24,400 Speaker 2: Put simply, you can charge a bigger margin, higher price, 573 00:26:24,520 --> 00:26:27,480 Speaker 2: just like the banks with mortgage rates. You see have 574 00:26:27,640 --> 00:26:31,159 Speaker 2: you fallen for the Nikola Willis line? You know, mortgage 575 00:26:31,200 --> 00:26:33,680 Speaker 2: rates and banks. Where's the competition or the competition is there? 576 00:26:33,920 --> 00:26:36,040 Speaker 2: We're funding Kiwi Bank. Is that going to fundamentally and 577 00:26:36,080 --> 00:26:38,760 Speaker 2: profoundly change the market. I don't think so. If there's 578 00:26:38,760 --> 00:26:41,040 Speaker 2: something obviously, as I've said a million times, wise nicolare 579 00:26:41,040 --> 00:26:43,520 Speaker 2: doing something about the banks. As regards the generators, I 580 00:26:43,600 --> 00:26:51,159 Speaker 2: wouldn't underestimate the dulling effect of onslow. That was singularly 581 00:26:51,440 --> 00:26:54,120 Speaker 2: the stupidest idea in the power industry that jad cinder 582 00:26:54,160 --> 00:26:57,800 Speaker 2: Raduan had in many a decade. And she said sixteen billion, 583 00:26:57,840 --> 00:27:00,840 Speaker 2: it would have been thirty plus it would have got built. 584 00:27:00,920 --> 00:27:03,040 Speaker 2: And while that was going on, you're sitting there as 585 00:27:03,080 --> 00:27:04,919 Speaker 2: a gent tailor, going, well, if you're building that big 586 00:27:05,000 --> 00:27:07,600 Speaker 2: bucket down south, why on earth would I invest in 587 00:27:07,640 --> 00:27:10,520 Speaker 2: anything renewable, because that, in and of itself is the answer. 588 00:27:10,600 --> 00:27:12,840 Speaker 2: In Devon is interesting. They've been in the news. Well 589 00:27:12,840 --> 00:27:14,720 Speaker 2: I haven't been in the news. That's part of the problem, unfortunately. 590 00:27:14,760 --> 00:27:17,280 Speaker 2: But in Devon lately has invested and taken a material 591 00:27:17,359 --> 00:27:20,160 Speaker 2: staken in Vivo and Vivo you will know from Graham Norton, 592 00:27:20,160 --> 00:27:23,120 Speaker 2: Sarah Jessica Parker. Of course, I'm not sure that they'm 593 00:27:23,160 --> 00:27:25,040 Speaker 2: owning a big chunk of the contract. Grapes in this 594 00:27:25,119 --> 00:27:27,280 Speaker 2: country is necessarily the problem, I think, and we'll find 595 00:27:27,280 --> 00:27:29,680 Speaker 2: out later because we're doing something about it. I think 596 00:27:29,760 --> 00:27:32,160 Speaker 2: it's global demand for wine is down and you can't 597 00:27:32,200 --> 00:27:34,560 Speaker 2: do much about that. I do want to get an 598 00:27:34,600 --> 00:27:36,840 Speaker 2: answer on the serving on blanc thing, whether we're simply 599 00:27:36,920 --> 00:27:38,880 Speaker 2: growing too much serving you on blanc in a place 600 00:27:39,000 --> 00:27:42,440 Speaker 2: like Marlborough and the world just cannot consume ever greater 601 00:27:42,560 --> 00:27:44,760 Speaker 2: amounts of serving yon blanc. I just wonder if that's 602 00:27:45,560 --> 00:27:48,000 Speaker 2: we finally sort of kind of hit the wall quickly 603 00:27:48,960 --> 00:27:51,560 Speaker 2: on colon gassing. We've been onto it, we've moved to 604 00:27:51,760 --> 00:27:57,000 Speaker 2: twelfth spot investments attractiveness indexes of the Fraser Institute's annual survey. 605 00:27:57,080 --> 00:28:01,560 Speaker 2: This is global of mining companies. We're seventy two back 606 00:28:01,600 --> 00:28:05,440 Speaker 2: in twenty twenty one Finland's top The respondents express decreased 607 00:28:05,440 --> 00:28:08,840 Speaker 2: concerns regarding uncertainty about which areas would be protected, enforcement 608 00:28:08,880 --> 00:28:13,000 Speaker 2: of regulations and environmental regulations. Sintana Minerals, for example, they've 609 00:28:13,000 --> 00:28:14,680 Speaker 2: got the Bend to go Op project at the moment 610 00:28:14,760 --> 00:28:17,440 Speaker 2: in Central Otago. I feel reassured that we've moved the 611 00:28:17,520 --> 00:28:20,680 Speaker 2: pendulum back to a more sensible and rational space. So 612 00:28:20,800 --> 00:28:26,080 Speaker 2: we've gone from seventy two to twelfth, and that's not 613 00:28:26,240 --> 00:28:28,359 Speaker 2: before time, five minutes away from seven. 614 00:28:29,160 --> 00:28:32,440 Speaker 1: For the ins and the outs, it's the fizz with 615 00:28:32,720 --> 00:28:36,120 Speaker 1: business fiber take your business productivity to the next level. 616 00:28:36,240 --> 00:28:39,040 Speaker 2: Youm brands. They're international global. This is young brands. They're 617 00:28:39,040 --> 00:28:40,720 Speaker 2: sort of tied in with restaurant brands, et cetera. But 618 00:28:40,760 --> 00:28:43,280 Speaker 2: I won't bore you with that anyway. Young brands internationally 619 00:28:43,400 --> 00:28:46,240 Speaker 2: Q two numbers. They've got Pizza Hut, KFC and Taco Bell. 620 00:28:46,760 --> 00:28:49,360 Speaker 2: Q two six hundred and thirty three million, up slightly 621 00:28:49,480 --> 00:28:52,800 Speaker 2: on Q two last year. Net sales up ten percent, 622 00:28:52,920 --> 00:28:54,680 Speaker 2: same source sales up to Is this all good? 623 00:28:54,800 --> 00:28:54,960 Speaker 5: Ah? 624 00:28:55,520 --> 00:28:57,239 Speaker 2: You got to look into the where's the gold? Well, 625 00:28:57,280 --> 00:28:59,600 Speaker 2: the gold is internationally, not America. That's the story here. 626 00:28:59,640 --> 00:29:02,640 Speaker 2: International stores are propping up the numbers. KFC two percent 627 00:29:02,760 --> 00:29:07,160 Speaker 2: same store sales, but that's thanks to international restaurants, especially 628 00:29:07,200 --> 00:29:11,320 Speaker 2: in China. Same store in America down five. They already 629 00:29:11,360 --> 00:29:13,480 Speaker 2: dropped last year from third biggest chicken chain to the 630 00:29:13,520 --> 00:29:16,120 Speaker 2: fifth biggest chicken chain, dropping sales at three point six percent. 631 00:29:16,200 --> 00:29:21,120 Speaker 2: Pizza Hut same store down one internationally, down five domestically 632 00:29:21,200 --> 00:29:24,200 Speaker 2: in America. Those two five percent drops for KFC and 633 00:29:24,200 --> 00:29:26,560 Speaker 2: Pizza Hut, by the way, the third worst, behind only 634 00:29:26,680 --> 00:29:30,200 Speaker 2: COVID and the GFC. So they've got major problems young 635 00:29:30,320 --> 00:29:32,520 Speaker 2: brands making the money. We're at Taco Bell. Everyone's left 636 00:29:32,560 --> 00:29:35,520 Speaker 2: a Taco Bell, increasing same store sales of four percent. 637 00:29:35,720 --> 00:29:38,920 Speaker 2: Americans love the chicken at Taco Bell. Can they tell 638 00:29:39,000 --> 00:29:41,720 Speaker 2: us chicken? Do they know it's chicken? Does it matter 639 00:29:42,040 --> 00:29:45,400 Speaker 2: Tiger exactly? Taco Bell chicken sales are up fifty percent 640 00:29:45,920 --> 00:29:48,600 Speaker 2: in the last two years. They haven't had a negative 641 00:29:48,680 --> 00:29:51,200 Speaker 2: week in that time at all at Taco Bell because. 642 00:29:51,000 --> 00:29:53,240 Speaker 17: It all the free advertising from Taco Trump. 643 00:29:53,640 --> 00:29:58,239 Speaker 2: We'll be there jobs five to one, five two five 644 00:29:58,280 --> 00:29:59,680 Speaker 2: three all that, as I tried to say earlier on 645 00:29:59,720 --> 00:30:01,720 Speaker 2: I don't I think that's the talking point. The talking 646 00:30:01,760 --> 00:30:04,040 Speaker 2: point today is a it's retrospective but be as this, 647 00:30:04,720 --> 00:30:06,640 Speaker 2: have we turned a corner? Or is there more where 648 00:30:06,680 --> 00:30:10,640 Speaker 2: that came from? And the Foreshaw and Seaboard bid at last, 649 00:30:10,920 --> 00:30:13,120 Speaker 2: I don't know what the hell have been doing, but 650 00:30:13,240 --> 00:30:15,800 Speaker 2: the government of moving on this, the Justice Minister respect 651 00:30:15,800 --> 00:30:17,320 Speaker 2: whether it's after the news, which is next? 652 00:30:18,080 --> 00:30:21,040 Speaker 1: The Breakfast Show, Kiwi's Trust to Stay in the Know, 653 00:30:21,520 --> 00:30:26,320 Speaker 1: the Mic Hosking Breakfast with Vida, Retirement Communities, Life Your 654 00:30:26,400 --> 00:30:27,720 Speaker 1: Way News, togs heead b we. 655 00:30:27,760 --> 00:30:30,120 Speaker 2: Th seven past seven, So job's day Hot money seems 656 00:30:30,120 --> 00:30:31,960 Speaker 2: to be an increase to five point three percent. Next 657 00:30:32,040 --> 00:30:34,560 Speaker 2: question is that it have we turned the corner? Mark 658 00:30:34,600 --> 00:30:38,320 Speaker 2: Smith as ASB senior economists back with us, Mark morning, Good. 659 00:30:38,160 --> 00:30:38,600 Speaker 18: Morning, Mike. 660 00:30:38,680 --> 00:30:39,680 Speaker 2: Are you at five point three? 661 00:30:40,640 --> 00:30:43,280 Speaker 18: Yes, we are, Yeah, most of the marketers at the moment. 662 00:30:43,200 --> 00:30:45,000 Speaker 2: And five point three with a view to what for 663 00:30:45,080 --> 00:30:46,920 Speaker 2: the rest of the year trending down or we don't know, 664 00:30:48,280 --> 00:30:48,840 Speaker 2: We don't. 665 00:30:48,720 --> 00:30:51,200 Speaker 18: Know simply, but probably the risk is going to go 666 00:30:51,320 --> 00:30:53,880 Speaker 18: up for a while and hopefully go down. Probably the 667 00:30:54,000 --> 00:30:56,600 Speaker 18: important thing to note those the economy is lost and 668 00:30:56,840 --> 00:31:00,000 Speaker 18: it sinks about forty thousand jobs since the late time 669 00:31:00,160 --> 00:31:02,760 Speaker 18: in twenty three peak, and in terms of the falls 670 00:31:02,800 --> 00:31:05,080 Speaker 18: to jobs, it's been more for full time rather than 671 00:31:05,120 --> 00:31:07,760 Speaker 18: part time work. So really about labor market, it's getting 672 00:31:07,800 --> 00:31:08,480 Speaker 18: that much weaker. 673 00:31:08,680 --> 00:31:11,560 Speaker 2: Yeah, can you put that in an historical context? I mean, 674 00:31:11,720 --> 00:31:14,480 Speaker 2: how often do we go around losing forty thousand jobs. 675 00:31:15,760 --> 00:31:16,160 Speaker 18: Recently? 676 00:31:16,320 --> 00:31:16,480 Speaker 7: Rare? 677 00:31:16,800 --> 00:31:20,040 Speaker 18: Normally we do actually take on people. Now it's pretty 678 00:31:20,080 --> 00:31:23,000 Speaker 18: much the reverse is happening in terms of the drivers. 679 00:31:23,040 --> 00:31:25,280 Speaker 18: The New Zealand economy is not really copied much of 680 00:31:25,360 --> 00:31:27,760 Speaker 18: a break. We've been hit by a number of bad 681 00:31:27,840 --> 00:31:31,280 Speaker 18: news events and they're accumulating at the moment. And what's 682 00:31:31,360 --> 00:31:35,440 Speaker 18: really happening is the unemployment rate is five point three percent, 683 00:31:35,520 --> 00:31:38,640 Speaker 18: the highest in twenty sixteen at the world We've high 684 00:31:38,720 --> 00:31:39,600 Speaker 18: over the next few months. 685 00:31:39,920 --> 00:31:42,120 Speaker 2: Yeah, have you changed your view on that? Because it 686 00:31:42,280 --> 00:31:43,720 Speaker 2: was a while back a lot of us were saying 687 00:31:43,760 --> 00:31:45,440 Speaker 2: five to five and I but I can't remember who 688 00:31:45,480 --> 00:31:48,000 Speaker 2: it was, but somebody had gotten toward dangerously towards six. 689 00:31:48,360 --> 00:31:51,080 Speaker 2: Then we all seem to amend ourselves while we thought 690 00:31:51,120 --> 00:31:53,200 Speaker 2: that twenty five was going to be this utopia, which 691 00:31:53,240 --> 00:31:55,800 Speaker 2: it's not turning out to be. So have you changed 692 00:31:55,840 --> 00:31:56,240 Speaker 2: your view? 693 00:31:57,400 --> 00:31:59,280 Speaker 18: I think we've changed our view. In terms of how 694 00:31:59,680 --> 00:32:02,360 Speaker 18: much labor forces going by now we expect to be 695 00:32:02,560 --> 00:32:05,840 Speaker 18: essentially flat. To put that into context, the labor market 696 00:32:05,960 --> 00:32:08,320 Speaker 18: was growing about five percent a year a couple of 697 00:32:08,440 --> 00:32:10,960 Speaker 18: years ago, so it's very much the case of much 698 00:32:11,080 --> 00:32:14,280 Speaker 18: fewer people coming in. Migration is essentially slowed as well 699 00:32:14,320 --> 00:32:17,040 Speaker 18: as that prospect defines a job as much lower, so 700 00:32:17,160 --> 00:32:18,760 Speaker 18: people are staying out of the labor market. 701 00:32:19,040 --> 00:32:21,600 Speaker 2: If we get five to three today, with a broad 702 00:32:21,720 --> 00:32:24,200 Speaker 2: feeling that it might not be over yet, what's the 703 00:32:24,400 --> 00:32:24,800 Speaker 2: RB do. 704 00:32:26,160 --> 00:32:28,240 Speaker 18: I think they'll they'll look at that certainly, but really 705 00:32:28,320 --> 00:32:30,320 Speaker 18: the thing for them will be what's happening on the 706 00:32:30,560 --> 00:32:34,040 Speaker 18: pricing and cost sight of economy in terms of our 707 00:32:34,120 --> 00:32:37,440 Speaker 18: higher unemployment rate. That's what it really means. There's lots 708 00:32:37,440 --> 00:32:40,760 Speaker 18: of more capacity in the economy. We're also seeing way 709 00:32:40,840 --> 00:32:44,240 Speaker 18: to the labor cost growth slow. We expect labor cost 710 00:32:44,320 --> 00:32:46,960 Speaker 18: growth slope for the lowest in four years now. What 711 00:32:47,080 --> 00:32:49,400 Speaker 18: it already means is the Reserve Bank would be more 712 00:32:49,480 --> 00:32:53,560 Speaker 18: confident that inflation will conmuse to two percent over next year. 713 00:32:53,880 --> 00:32:55,480 Speaker 2: Yeah, well, the problem is of the number of the 714 00:32:55,560 --> 00:32:58,400 Speaker 2: day is too inflations higher than two. That's in simple 715 00:32:58,560 --> 00:32:59,920 Speaker 2: Layman's terms, we're going backwards. 716 00:33:01,120 --> 00:33:04,240 Speaker 18: Well, I think what is tried to look through this? 717 00:33:04,400 --> 00:33:06,960 Speaker 18: It's near to spike in inflation. I think most people 718 00:33:07,120 --> 00:33:10,360 Speaker 18: expect inflation to takes up to around three percent by 719 00:33:11,000 --> 00:33:13,280 Speaker 18: the second half of this year. But the real key 720 00:33:13,400 --> 00:33:16,520 Speaker 18: thing though, there's a lot of speck susy economy weight 721 00:33:16,640 --> 00:33:19,640 Speaker 18: growth is low and as a result, we like to 722 00:33:19,680 --> 00:33:23,600 Speaker 18: see inflation called from around three percent by sort of 723 00:33:23,680 --> 00:33:26,680 Speaker 18: later this year to around two percent and the Reserve 724 00:33:26,760 --> 00:33:29,840 Speaker 18: Bank can look through the spike inflation and cut the 725 00:33:29,920 --> 00:33:30,720 Speaker 18: OCR further. 726 00:33:30,960 --> 00:33:33,440 Speaker 2: Good insight, Mark, appreciate your expertise has always make smith 727 00:33:33,480 --> 00:33:36,080 Speaker 2: out of the ASB. This whole looking through thing. I mean, 728 00:33:36,120 --> 00:33:38,400 Speaker 2: the RB can look through whatever they like. We don't 729 00:33:38,440 --> 00:33:40,960 Speaker 2: look through the insurance bill or the rates bill or 730 00:33:41,040 --> 00:33:42,880 Speaker 2: the power Wouldn't it be nice if that just turned 731 00:33:42,960 --> 00:33:44,480 Speaker 2: up in the letterbox and go, oh no, we'll look 732 00:33:44,520 --> 00:33:47,920 Speaker 2: through that. Actually, ten minutes past seven, pask getting the 733 00:33:48,000 --> 00:33:50,080 Speaker 2: green light on the foreshore and sea Beard been stuck 734 00:33:50,120 --> 00:33:51,880 Speaker 2: in court of course, but essentially we're looking to head 735 00:33:51,880 --> 00:33:53,640 Speaker 2: back to twenty eleven, to the way it has been 736 00:33:53,680 --> 00:33:56,280 Speaker 2: when it comes to customary title. Justice Minister Paul Goldsmith 737 00:33:56,320 --> 00:33:58,880 Speaker 2: back with us. Paul morning, Oh, good morning. What have 738 00:33:58,880 --> 00:34:00,400 Speaker 2: you been doing. It's been in core. I mean the 739 00:34:00,400 --> 00:34:02,760 Speaker 2: Supreme Court ruled in twenty twenty three, but mucking around 740 00:34:02,800 --> 00:34:03,280 Speaker 2: what's going on? 741 00:34:04,560 --> 00:34:07,120 Speaker 12: No, no, no, not twenty three. What happened was it 742 00:34:07,240 --> 00:34:10,239 Speaker 12: was the Court of Appeal that ruled, which sort of 743 00:34:10,800 --> 00:34:13,880 Speaker 12: ignored the second part of our test, which was a 744 00:34:13,960 --> 00:34:17,759 Speaker 12: high test before customary Marine title was awarded. That is 745 00:34:17,800 --> 00:34:20,800 Speaker 12: because it has real consequences, it's got valuable rights and 746 00:34:20,880 --> 00:34:23,880 Speaker 12: it has the ability owners of to CMT have the 747 00:34:23,960 --> 00:34:26,759 Speaker 12: ability to turn down resource consents for certain things on 748 00:34:26,880 --> 00:34:30,080 Speaker 12: the coastal area. So that's why we had a high test. 749 00:34:30,719 --> 00:34:32,560 Speaker 12: Court of Appeal did that at the end of twenty three. 750 00:34:33,160 --> 00:34:37,719 Speaker 12: We introduced this legislation last year and it went off 751 00:34:38,120 --> 00:34:41,080 Speaker 12: to Select committee and then the Supreme Court overturned the 752 00:34:41,160 --> 00:34:43,160 Speaker 12: Court of Appeal and that's what complicated things. We've spent 753 00:34:43,200 --> 00:34:45,200 Speaker 12: a couple we've spent a bit of time just working 754 00:34:45,239 --> 00:34:48,680 Speaker 12: our way through the consequences of that and now we've 755 00:34:48,719 --> 00:34:51,319 Speaker 12: resolved to press on with the Supreme Court did half 756 00:34:51,360 --> 00:34:52,400 Speaker 12: the job, but we wanted. 757 00:34:52,160 --> 00:34:54,320 Speaker 2: To do what if the Supreme Court hadn't gone against 758 00:34:54,360 --> 00:34:55,280 Speaker 2: the Appeal Court. 759 00:34:56,120 --> 00:34:57,600 Speaker 12: Well, then we would have just carried on with our 760 00:34:57,640 --> 00:34:59,359 Speaker 12: legislation and passed it in decended. 761 00:34:59,080 --> 00:35:01,560 Speaker 2: Exactly because Hi, Paul, you are the ultimate court in 762 00:35:01,600 --> 00:35:03,480 Speaker 2: the land. Who gives the monkeys what the appeal court says? 763 00:35:04,600 --> 00:35:08,880 Speaker 12: Well, no, I mean, we obviously take very seriously what 764 00:35:09,080 --> 00:35:10,080 Speaker 12: Supreme Court says and. 765 00:35:10,120 --> 00:35:11,680 Speaker 2: All the ultimate court of the land. If you want 766 00:35:11,719 --> 00:35:12,560 Speaker 2: to do something, do it. 767 00:35:13,719 --> 00:35:16,680 Speaker 12: Yes, But you know, we take these things seriously and 768 00:35:16,800 --> 00:35:19,359 Speaker 12: we think through the consequences of it all, and we're 769 00:35:19,400 --> 00:35:21,000 Speaker 12: clear of what we want to achieve, which is that 770 00:35:21,160 --> 00:35:24,719 Speaker 12: we want to be able to provide the opportunity for 771 00:35:25,480 --> 00:35:29,399 Speaker 12: Mari customary rights to be recognized. But we also want 772 00:35:29,400 --> 00:35:32,400 Speaker 12: to protect the legitimate interests of all New Zealanders because 773 00:35:32,440 --> 00:35:34,760 Speaker 12: everybody obviously has an interest. 774 00:35:34,560 --> 00:35:36,600 Speaker 2: In workings on the coastal area. Yes, we do. 775 00:35:37,080 --> 00:35:37,120 Speaker 1: So. 776 00:35:37,360 --> 00:35:39,560 Speaker 2: Basically, you're going back to twenty eleven, right, because you 777 00:35:39,640 --> 00:35:41,560 Speaker 2: had it sorted in twenty eleven. It's just a few 778 00:35:41,640 --> 00:35:44,759 Speaker 2: agitators hired. I'm sure at taxpayers expense some lawyers to 779 00:35:44,840 --> 00:35:46,719 Speaker 2: go to the Appeal Court then the Supreme Court. That's 780 00:35:46,719 --> 00:35:47,719 Speaker 2: how it unfolded, wasn't it. 781 00:35:49,120 --> 00:35:51,279 Speaker 12: Well, I mean lots of people argue about all these 782 00:35:51,440 --> 00:35:53,879 Speaker 12: legal issues, and so what we're trying to be clear 783 00:35:53,920 --> 00:35:56,759 Speaker 12: about is that, yes, we want to have the opportunity 784 00:35:56,800 --> 00:35:59,160 Speaker 12: for people to go get customer marine title, but that 785 00:35:59,280 --> 00:36:02,520 Speaker 12: does have real valuable rights and that's why Parliament's at 786 00:36:02,520 --> 00:36:04,279 Speaker 12: a high bar. We want to make sure that there 787 00:36:04,360 --> 00:36:04,960 Speaker 12: is a high bar. 788 00:36:05,480 --> 00:36:09,080 Speaker 2: Are we any materially different? Once you get this lot 789 00:36:09,160 --> 00:36:13,200 Speaker 2: through from where we were in twenty eleven, Well, that's 790 00:36:13,239 --> 00:36:15,960 Speaker 2: where Parliament thought it was in twenty eleven, but of 791 00:36:16,040 --> 00:36:18,719 Speaker 2: course this all goes through the courts. And but that's 792 00:36:18,760 --> 00:36:21,040 Speaker 2: my point. So you knew where you were because the 793 00:36:21,160 --> 00:36:23,080 Speaker 2: ultimate Court of the Land in twenty eleven made a 794 00:36:23,160 --> 00:36:26,760 Speaker 2: very clear statement on what it was, and you somehow 795 00:36:26,880 --> 00:36:30,000 Speaker 2: katau to these court proceedings and decided to muck around 796 00:36:30,040 --> 00:36:32,200 Speaker 2: since twenty eleven on this and finally we're getting back 797 00:36:32,200 --> 00:36:33,480 Speaker 2: to where we were in twenty eleven. 798 00:36:34,520 --> 00:36:36,880 Speaker 12: No, I don't think that's quite an accurate timeline. The 799 00:36:37,000 --> 00:36:39,239 Speaker 12: law was passed in twenty eleven and then it took 800 00:36:39,280 --> 00:36:45,040 Speaker 12: about ten years before some significant cases reached the High 801 00:36:45,080 --> 00:36:47,640 Speaker 12: Court and that's when we saw the consequences of the 802 00:36:47,719 --> 00:36:51,239 Speaker 12: interpretation and that's what we're set to correct at the moment. 803 00:36:51,320 --> 00:36:53,640 Speaker 12: And so I want to be very clear about those 804 00:36:53,719 --> 00:36:55,600 Speaker 12: thresholds that there's two sort of things that have to 805 00:36:55,640 --> 00:36:59,359 Speaker 12: be determined Tikunga and then secondly undisturbed possessions. Since eving 806 00:36:59,440 --> 00:37:02,400 Speaker 12: forty timeline on what you're doing now, when's it ticked off? 807 00:37:03,760 --> 00:37:06,480 Speaker 12: We're just finalizing the drafting. We hope to get it 808 00:37:06,520 --> 00:37:07,440 Speaker 12: all done by October. 809 00:37:07,600 --> 00:37:10,440 Speaker 2: Appreciate your time as always. Paul Smith. Paul Goldsmith, the 810 00:37:10,920 --> 00:37:14,360 Speaker 2: Justice Minister, thirteen minutes past seven, Real quick. It was 811 00:37:14,400 --> 00:37:16,560 Speaker 2: this ISHU the time yesterday we were talking to fed 812 00:37:16,600 --> 00:37:20,200 Speaker 2: farmers very upset about Canterbury. It was but rural policing generally. 813 00:37:20,760 --> 00:37:23,279 Speaker 2: Police got in touch with us yesterday. Basically they're not 814 00:37:23,360 --> 00:37:26,279 Speaker 2: reducing our numbers. Changed the way they're deployed basically, but 815 00:37:26,360 --> 00:37:28,840 Speaker 2: not reducing numbers. Important to note we're not planning to 816 00:37:28,880 --> 00:37:32,399 Speaker 2: close any police stations or front counters. We serve many 817 00:37:32,400 --> 00:37:34,719 Speaker 2: of our communities better by expanding our twenty four seven 818 00:37:34,800 --> 00:37:37,080 Speaker 2: coverage and I want our community to know they're open 819 00:37:37,120 --> 00:37:40,680 Speaker 2: to feedback. That is the Superintendent Tony Hill speaking this week. 820 00:37:40,719 --> 00:37:43,120 Speaker 2: The police from around the district will be attending community meetings. 821 00:37:43,160 --> 00:37:44,719 Speaker 2: I'm sure it's not as simple as that, because the 822 00:37:44,760 --> 00:37:46,440 Speaker 2: fed farmers are furious and the police are trying to 823 00:37:46,480 --> 00:37:49,239 Speaker 2: spar I get all of that, but I don't know 824 00:37:49,360 --> 00:37:50,920 Speaker 2: that it's as bad as the fed farm has made 825 00:37:50,920 --> 00:37:53,200 Speaker 2: it up to be. This time yesterday, fourteen past. 826 00:37:54,400 --> 00:37:58,800 Speaker 1: The like asking Breakfast Full Show podcast on iHeartRadio powered 827 00:37:58,840 --> 00:37:59,840 Speaker 1: by News Talks. 828 00:37:59,560 --> 00:38:03,360 Speaker 2: A'd be now seventeen past seven? More change in education? 829 00:38:04,120 --> 00:38:06,799 Speaker 2: How about AI doing that marking? As of twenty twenty eight, 830 00:38:06,840 --> 00:38:08,160 Speaker 2: AI is going to be doing the bulk of the 831 00:38:08,200 --> 00:38:10,919 Speaker 2: marking for ENCEEA and this new national certificate. So Doctor 832 00:38:10,960 --> 00:38:13,960 Speaker 2: Catherine Mcallum is the Associate Professor of Digital Education Futures 833 00:38:14,040 --> 00:38:16,839 Speaker 2: at the University of Canterbury. And as with us, good morning, 834 00:38:17,000 --> 00:38:18,960 Speaker 2: good morning. Is there an issue around when we talk 835 00:38:18,960 --> 00:38:21,560 Speaker 2: about AI and marking? Is there an issue AI now 836 00:38:21,760 --> 00:38:23,800 Speaker 2: versus AI when it actually comes in? Could it be 837 00:38:23,880 --> 00:38:25,880 Speaker 2: exponentially different or are we sort of on top of this. 838 00:38:27,280 --> 00:38:30,759 Speaker 19: Oh, I think it's changing quite rapidly, So I think 839 00:38:31,239 --> 00:38:33,640 Speaker 19: what it looks like now will be completely different. 840 00:38:34,480 --> 00:38:35,440 Speaker 18: But I do think. 841 00:38:35,640 --> 00:38:40,480 Speaker 19: Fundamentally and issues that we're addressing now won't change, so 842 00:38:40,680 --> 00:38:44,320 Speaker 19: how it's used, what are the manipulations is not changing. 843 00:38:44,719 --> 00:38:46,200 Speaker 2: What do you I mean, are you bullish on this? 844 00:38:46,360 --> 00:38:47,800 Speaker 2: Is this a good idea generally or not? 845 00:38:49,520 --> 00:38:52,399 Speaker 19: I mean, I think this is the problem when we're 846 00:38:52,480 --> 00:38:56,440 Speaker 19: talking about AI marking. It's not a black and white solution. 847 00:38:56,680 --> 00:39:00,120 Speaker 19: So yes, I can see potential and advantages, but I 848 00:39:00,239 --> 00:39:03,919 Speaker 19: also see that whole fell adoption is not the solution either. 849 00:39:04,160 --> 00:39:07,160 Speaker 19: And if we're bringing this into a you know, a 850 00:39:07,360 --> 00:39:11,520 Speaker 19: efficiency or a workload, it's addressing the wrong problem. 851 00:39:12,080 --> 00:39:12,239 Speaker 7: You know. 852 00:39:12,360 --> 00:39:15,440 Speaker 19: We need to rather think about what assessment looks like. 853 00:39:15,719 --> 00:39:18,239 Speaker 2: Now this is my whole thing. See were they It's 854 00:39:18,320 --> 00:39:20,880 Speaker 2: like any of these technological advancements we get. We're on 855 00:39:21,120 --> 00:39:23,760 Speaker 2: the bandwagon, aren't we. It's suddenly the answer to everything, 856 00:39:23,800 --> 00:39:25,400 Speaker 2: when in reality it will prove not to be. It 857 00:39:25,480 --> 00:39:27,640 Speaker 2: might be an improvement, but it's not utopia, is it. 858 00:39:28,560 --> 00:39:28,600 Speaker 4: No? 859 00:39:28,880 --> 00:39:28,920 Speaker 7: No? 860 00:39:29,120 --> 00:39:31,960 Speaker 19: No, I mean this is the issue is that we're solved. 861 00:39:32,840 --> 00:39:35,680 Speaker 19: This ideal that AI is a solution is silver bullets 862 00:39:35,760 --> 00:39:39,760 Speaker 19: or something. But equally it brings its own complexities and problems, 863 00:39:39,880 --> 00:39:42,880 Speaker 19: so it will solve in one problem, one area, but 864 00:39:43,239 --> 00:39:46,399 Speaker 19: it's we're not addressing I think the root issue, which 865 00:39:46,520 --> 00:39:49,920 Speaker 19: is how we are using AI and how it's changing 866 00:39:49,960 --> 00:39:53,840 Speaker 19: assessments and how we're supporting our students to engage in 867 00:39:53,960 --> 00:39:56,880 Speaker 19: this space appropriately to support their learning. 868 00:39:57,200 --> 00:39:58,960 Speaker 2: Is it as simple as saying it'll do well in 869 00:39:59,120 --> 00:40:01,680 Speaker 2: maths and everyone has gone one plus one equals to 870 00:40:01,840 --> 00:40:03,360 Speaker 2: we'll get a correct answer. But if you do it 871 00:40:03,480 --> 00:40:06,400 Speaker 2: dealing with concepts or ideas or writing in English and 872 00:40:06,440 --> 00:40:08,040 Speaker 2: things like that, we might have an issue. 873 00:40:08,960 --> 00:40:11,520 Speaker 19: Yes, yeah, definitely, And I think that's the that's the 874 00:40:12,239 --> 00:40:16,360 Speaker 19: problem around possibly that pilot space because it is about 875 00:40:16,840 --> 00:40:19,680 Speaker 19: it was used in a very fundamental way. It's really 876 00:40:19,760 --> 00:40:23,360 Speaker 19: easy to identify some simple answers, but if you're bringing 877 00:40:23,480 --> 00:40:27,960 Speaker 19: judgments into the process, it's not trained to do that, 878 00:40:28,360 --> 00:40:33,480 Speaker 19: and there are weaknesses, there are biases that we're bringing 879 00:40:33,560 --> 00:40:37,279 Speaker 19: into that. So judgment is that that's the typical and 880 00:40:37,400 --> 00:40:38,960 Speaker 19: that's where we need teach it in the. 881 00:40:39,040 --> 00:40:40,160 Speaker 20: Space, not AI. 882 00:40:40,320 --> 00:40:42,840 Speaker 2: All right, Catherine, well done. Doctor Katherine McCallum out of 883 00:40:42,840 --> 00:40:45,080 Speaker 2: the University of Canterick got some news around the sports. 884 00:40:45,120 --> 00:40:47,480 Speaker 2: So we won the rights of the World Triathlon Championships 885 00:40:47,520 --> 00:40:49,200 Speaker 2: and it's sort of it's a multi year deal, so 886 00:40:49,200 --> 00:40:50,520 Speaker 2: I'll work you through that in the next half of 887 00:40:50,560 --> 00:40:51,560 Speaker 2: our seven twenty. 888 00:40:53,280 --> 00:40:58,080 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered 889 00:40:58,120 --> 00:40:59,160 Speaker 1: by News Talks be. 890 00:41:01,120 --> 00:41:03,400 Speaker 2: Now, do you want to celebrate savings in Chemist Warehouse. 891 00:41:03,440 --> 00:41:05,000 Speaker 2: That's the place for you to head and store an 892 00:41:05,000 --> 00:41:07,319 Speaker 2: online today to shop a massive range of winter deals 893 00:41:07,360 --> 00:41:10,600 Speaker 2: on vitamin's, cosmetic, skincare, fragrances, and much much more. 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Unbelievable Chemist Warehouse catalog 904 00:41:38,560 --> 00:41:41,120 Speaker 2: deals they got to win thirteen March, So you need 905 00:41:41,160 --> 00:41:43,600 Speaker 2: to get to the Chemist Warehouse in addition to visiting, 906 00:41:44,080 --> 00:41:46,359 Speaker 2: you can always order online, click and collect saves time, 907 00:41:46,719 --> 00:41:49,400 Speaker 2: choose fast delivery, same day home delivery. T season charges 908 00:41:49,440 --> 00:41:52,239 Speaker 2: may apply. So basically, we're celebrating savings this winter and 909 00:41:52,440 --> 00:41:55,440 Speaker 2: we're doing it at chemist Warehouse. Great savings every day, 910 00:41:56,239 --> 00:41:59,600 Speaker 2: pasking Tim in twenty three. Now the stark reality of 911 00:41:59,680 --> 00:42:02,719 Speaker 2: music linear television. If Irene Gardener, who was on the 912 00:42:02,760 --> 00:42:05,680 Speaker 2: program at this time yesterday, was right, it's fairly simple. 913 00:42:05,719 --> 00:42:08,400 Speaker 2: So here's how the calculation works. You make a product, right, 914 00:42:08,480 --> 00:42:10,400 Speaker 2: you stick it on air, You get an audience, You 915 00:42:10,480 --> 00:42:13,040 Speaker 2: sell advertising based on that audience. Now, some programs can 916 00:42:13,120 --> 00:42:14,719 Speaker 2: never hope to get the sort of audience to pay 917 00:42:14,760 --> 00:42:17,640 Speaker 2: for the cost of the show. Inter government support or 918 00:42:17,680 --> 00:42:20,759 Speaker 2: brand sponsorship in other words, are financial support mechanism to 919 00:42:20,840 --> 00:42:23,440 Speaker 2: make a show that would not otherwise have been made. Now, 920 00:42:23,480 --> 00:42:26,120 Speaker 2: I made a show Sunday years back. It was on 921 00:42:26,200 --> 00:42:28,480 Speaker 2: TV three on the weekend, off peak. Didn't rate very well, 922 00:42:28,719 --> 00:42:30,720 Speaker 2: but it was never going to. But it rated fairly 923 00:42:30,800 --> 00:42:33,160 Speaker 2: well for what it was, which was a niche program 924 00:42:33,280 --> 00:42:35,520 Speaker 2: talking about the arts. It was made with New Zealand 925 00:42:35,560 --> 00:42:39,600 Speaker 2: on air money. Now, does Treasure Island attract more viewers 926 00:42:39,640 --> 00:42:41,680 Speaker 2: than that? Yes it does. So if you're going to 927 00:42:41,760 --> 00:42:43,440 Speaker 2: toss money it's something, why not toss it at that 928 00:42:43,560 --> 00:42:45,880 Speaker 2: more bang for buck? But the money tree hasn't got 929 00:42:45,960 --> 00:42:49,640 Speaker 2: more money, so somebody loses. Maybe it's an arts program. 930 00:42:49,960 --> 00:42:52,279 Speaker 2: Now the really scary thing is the calculation around peak 931 00:42:52,320 --> 00:42:54,759 Speaker 2: time primetime. This is what I learned yesterday. See this 932 00:42:54,920 --> 00:42:57,640 Speaker 2: show that my Cosking Breakfast makes money, lots of money, 933 00:42:57,680 --> 00:43:00,279 Speaker 2: quite a lot of money. Actually ZB is profitable. TV 934 00:43:00,360 --> 00:43:02,560 Speaker 2: and Z and TV three are not. So what about 935 00:43:02,600 --> 00:43:05,319 Speaker 2: pay for view Sky TV that's profitable, but they've got 936 00:43:05,360 --> 00:43:08,320 Speaker 2: the sport. What does TV three or TVNZ have that 937 00:43:08,400 --> 00:43:10,120 Speaker 2: you would pay for? I mean, would you pay to 938 00:43:10,160 --> 00:43:13,280 Speaker 2: watch treasure? And of course you wouldn't. So primetime linear 939 00:43:13,320 --> 00:43:16,520 Speaker 2: television is not profitable apparently because advertising dollars have vanished. 940 00:43:16,520 --> 00:43:19,479 Speaker 2: A Google TikTok and meta Now that's not going to change. 941 00:43:19,560 --> 00:43:22,360 Speaker 2: Game's over and that is the problem because all that 942 00:43:22,480 --> 00:43:24,920 Speaker 2: has left, if you think about it, is the taxpayer. 943 00:43:25,280 --> 00:43:28,120 Speaker 2: The big question is to what extent should the taxpayer 944 00:43:28,200 --> 00:43:31,040 Speaker 2: fund your evening's entertainment? And when I say you, I 945 00:43:31,120 --> 00:43:33,520 Speaker 2: mean those who are left watching the tally as opposed 946 00:43:33,520 --> 00:43:36,279 Speaker 2: to YouTube or Netflix. If linear television can't make a 947 00:43:36,320 --> 00:43:39,200 Speaker 2: bucket seven thirty on a Wednesday night. How long before 948 00:43:39,200 --> 00:43:42,960 Speaker 2: the lights get switched off? Asking Hi, Mike, unemployment, This 949 00:43:43,000 --> 00:43:45,760 Speaker 2: is interesting. Unemployment isn't just about the economy. It's about evolution. 950 00:43:46,200 --> 00:43:48,480 Speaker 2: What we're seeing as a global structural shift driven by 951 00:43:48,560 --> 00:43:51,120 Speaker 2: AI and automation. Jobs aren't vanishing because of slow growth, 952 00:43:51,160 --> 00:43:53,280 Speaker 2: in vanishing because the world of work is being rewritten. 953 00:43:53,920 --> 00:43:55,640 Speaker 2: As you know, it's not a downturn, it's a reset. 954 00:43:55,719 --> 00:43:58,480 Speaker 2: We need to embrace the positive aspects of change, not 955 00:43:58,600 --> 00:44:00,040 Speaker 2: dwell on the need. It's a very good partner. What 956 00:44:00,120 --> 00:44:02,759 Speaker 2: made it better was Murray Crane. That Murray Crane makes 957 00:44:02,800 --> 00:44:05,880 Speaker 2: suits for a living, very good suits, well known. Auckland 958 00:44:06,560 --> 00:44:08,640 Speaker 2: a Tellia. Can I use that word? I think I 959 00:44:08,719 --> 00:44:12,000 Speaker 2: probably can, Mike. This has been another white Tangy tribunal 960 00:44:12,040 --> 00:44:14,440 Speaker 2: Gravey train millions spent on claims clearly not complaining with 961 00:44:14,520 --> 00:44:17,120 Speaker 2: the intent of the legislation. Correct. So this is where 962 00:44:17,120 --> 00:44:19,480 Speaker 2: Paul's let himself down. So twenty eleven the law was 963 00:44:19,560 --> 00:44:23,000 Speaker 2: very clear. Some people who hired lawyers, I'm almost certain 964 00:44:23,080 --> 00:44:25,879 Speaker 2: on legal eight thought to themselves, I don't like this law, 965 00:44:25,920 --> 00:44:27,360 Speaker 2: so I'm going to go to court. Nothing wrong with that, 966 00:44:27,400 --> 00:44:28,560 Speaker 2: You're allowed to go to court. So they went to 967 00:44:28,560 --> 00:44:30,880 Speaker 2: the appeals Court and they went isn't it fear? And 968 00:44:31,000 --> 00:44:33,760 Speaker 2: the appeals court because their activist agreed with them. Fortunately 969 00:44:33,840 --> 00:44:35,560 Speaker 2: the Supreme Court came in over the top and said, no, 970 00:44:35,640 --> 00:44:38,279 Speaker 2: you're wrong. But at all times, and this is the 971 00:44:38,320 --> 00:44:39,640 Speaker 2: point I was trying to make to Paul, who didn't 972 00:44:39,680 --> 00:44:41,239 Speaker 2: seem to get it, or I think he did get it, 973 00:44:41,320 --> 00:44:43,640 Speaker 2: he just didn't want to get it. At all times, 974 00:44:43,719 --> 00:44:46,239 Speaker 2: the Parliament remained the highest court in the land. If 975 00:44:46,239 --> 00:44:48,560 Speaker 2: all you're ever going to do is pass a law 976 00:44:49,239 --> 00:44:52,239 Speaker 2: and then have it reinterpreted by an activist judge and 977 00:44:52,360 --> 00:44:55,360 Speaker 2: then spend two years hanging around waffling in a cabinet 978 00:44:55,400 --> 00:44:57,120 Speaker 2: room trying to work out what to do, you're not 979 00:44:57,200 --> 00:44:58,160 Speaker 2: running the country, are you. 980 00:44:58,560 --> 00:44:58,719 Speaker 9: Now? 981 00:44:58,800 --> 00:45:01,640 Speaker 2: This is the other importan point. This is a deal. 982 00:45:01,800 --> 00:45:04,080 Speaker 2: This whole Foreshuran Sea bed thing was a deal between 983 00:45:04,520 --> 00:45:08,040 Speaker 2: New Zealand First and National. Read really in New Zealand First, 984 00:45:08,040 --> 00:45:09,759 Speaker 2: who are hot on this, National don't seem to be 985 00:45:09,880 --> 00:45:12,839 Speaker 2: quite as hot on that. And that once again, dare 986 00:45:12,880 --> 00:45:17,120 Speaker 2: I suggest, politically speaking, dovetails into National's ongoing problems. They 987 00:45:17,280 --> 00:45:20,840 Speaker 2: don't look like a party that's actually into much actor 988 00:45:20,960 --> 00:45:23,080 Speaker 2: into it. Like them or not, they're into it. They're 989 00:45:23,200 --> 00:45:25,840 Speaker 2: doing it. New Zealand First are into it. Like it 990 00:45:25,960 --> 00:45:28,320 Speaker 2: or not, They're getting on with it. Nationals seem to 991 00:45:28,360 --> 00:45:32,000 Speaker 2: be we'll have a think and then we'll have a 992 00:45:32,120 --> 00:45:33,600 Speaker 2: talk and then we might come back to you in 993 00:45:33,640 --> 00:45:36,000 Speaker 2: a couple of years. They don't look to me like 994 00:45:36,239 --> 00:45:39,480 Speaker 2: doers and that I think, as shown in the polls, 995 00:45:39,520 --> 00:45:42,120 Speaker 2: could well be part of the problem. Now greats a 996 00:45:42,239 --> 00:45:45,560 Speaker 2: lot left on the vines, particularly in Marlborough. Are the 997 00:45:45,640 --> 00:45:47,160 Speaker 2: golden days coming to an end? 998 00:45:48,600 --> 00:45:52,680 Speaker 1: Your source of freaking news, challenging opinion and honored facts, 999 00:45:52,960 --> 00:45:57,480 Speaker 1: the Mike Hosking Breakfast with Raindrover Leading by example, News 1000 00:45:57,520 --> 00:45:58,080 Speaker 1: Talks Dead be. 1001 00:45:58,280 --> 00:46:00,520 Speaker 2: More from my dodgy poll file and a couple of 1002 00:46:00,600 --> 00:46:03,080 Speaker 2: moments Mike. National are doing stuff e g. The education 1003 00:46:03,239 --> 00:46:06,400 Speaker 2: changes and prove our training opportunities. Reporting that they're doing 1004 00:46:06,480 --> 00:46:09,560 Speaker 2: nothing as false. Graham, I take your point. My point 1005 00:46:09,680 --> 00:46:13,200 Speaker 2: is that announcing things isn't doing and so what they did, 1006 00:46:13,280 --> 00:46:16,920 Speaker 2: and I'm all for the NCAA binning and the certificate 1007 00:46:17,000 --> 00:46:19,479 Speaker 2: coming in. I love it. Get into it can't happen 1008 00:46:19,520 --> 00:46:22,120 Speaker 2: soon enough. Point is not happening now and so next 1009 00:46:22,200 --> 00:46:25,120 Speaker 2: year's election year, and having made some announcements about things 1010 00:46:25,160 --> 00:46:29,000 Speaker 2: that will happen is useful, but it's not proof of 1011 00:46:29,320 --> 00:46:32,279 Speaker 2: it having happened. And that's the point. Got some very 1012 00:46:32,280 --> 00:46:34,799 Speaker 2: good news around some sport for you shortly meantime, twenty 1013 00:46:34,800 --> 00:46:38,120 Speaker 2: three minutes away from eight politics weekesday. Of course, I'll 1014 00:46:38,120 --> 00:46:40,840 Speaker 2: break make Mitchell, Ginny Anderson with us. Now, as I 1015 00:46:41,120 --> 00:46:44,560 Speaker 2: asked you yesterday, do we have brewing no pun intended 1016 00:46:44,600 --> 00:46:48,240 Speaker 2: issues in our famed wine sector. Tariff's obviously are trouble 1017 00:46:48,280 --> 00:46:50,040 Speaker 2: for the States specifically, but we also have a lot 1018 00:46:50,080 --> 00:46:53,160 Speaker 2: of produce being left unharvested on the bunes. Nearly one 1019 00:46:53,239 --> 00:46:56,920 Speaker 2: hundred thousand tons has been left this last season. Now, Charlotte, 1020 00:46:56,920 --> 00:46:59,640 Speaker 2: reader is the gym at brand at Winegroves, New Zealand, 1021 00:46:59,719 --> 00:47:01,560 Speaker 2: and well the Charlotte very good morning to you. 1022 00:47:03,000 --> 00:47:03,719 Speaker 7: Good morning mate. 1023 00:47:03,840 --> 00:47:06,800 Speaker 2: One hundred thousand tons? Is that a lot? And is 1024 00:47:06,880 --> 00:47:07,400 Speaker 2: it a worry? 1025 00:47:09,880 --> 00:47:16,200 Speaker 20: Look over producing more than demand in our industry? This 1026 00:47:16,400 --> 00:47:20,640 Speaker 20: is just something that primary sectors often face. No, I 1027 00:47:20,760 --> 00:47:23,640 Speaker 20: think in the in the current climate where we have 1028 00:47:24,800 --> 00:47:31,440 Speaker 20: very strong demands for our premium wines. This, this, you know, 1029 00:47:31,680 --> 00:47:35,080 Speaker 20: is a is something that's happened in our in our industry, 1030 00:47:35,280 --> 00:47:39,879 Speaker 20: and that the strong reputation of New Zealand wine will 1031 00:47:39,960 --> 00:47:43,439 Speaker 20: continue to have our wine thought after around the world. 1032 00:47:43,960 --> 00:47:47,160 Speaker 2: As a contractor or a purchaser of land or a grower, 1033 00:47:47,239 --> 00:47:48,880 Speaker 2: do I see the one hundred thousand times and go 1034 00:47:49,000 --> 00:47:50,600 Speaker 2: I'm not going to buy that block of land or 1035 00:47:50,600 --> 00:47:52,880 Speaker 2: I'm not going to expand? Is that sort of thing happening? 1036 00:47:52,920 --> 00:47:55,160 Speaker 2: Are we sort of maxed out on land and production 1037 00:47:55,280 --> 00:47:56,280 Speaker 2: and growing grapes? 1038 00:47:58,080 --> 00:48:01,480 Speaker 20: I think undoubtedly for our sector at the moment, it 1039 00:48:01,640 --> 00:48:05,040 Speaker 20: is a It is a very challenging time for industry. 1040 00:48:05,080 --> 00:48:08,720 Speaker 20: There are there are many headwinds. We've got uncertain times, 1041 00:48:08,800 --> 00:48:13,640 Speaker 20: whether it's the global economy, our own economy here in 1042 00:48:13,719 --> 00:48:18,160 Speaker 20: New Zealand facing recession week wine markets, the tariffs of 1043 00:48:18,360 --> 00:48:23,040 Speaker 20: last week haven't haven't helped increased exercise there. There are 1044 00:48:23,360 --> 00:48:28,040 Speaker 20: there are many headwinds, but uncertainty is something that our 1045 00:48:28,120 --> 00:48:32,920 Speaker 20: industry has faced for many years. We have been very 1046 00:48:33,040 --> 00:48:35,840 Speaker 20: lucky in the New Zealand wine industry that we have 1047 00:48:36,360 --> 00:48:42,080 Speaker 20: really enjoyed twenty five years of continuous growth pretty much. 1048 00:48:42,360 --> 00:48:46,320 Speaker 20: And yes, this it is a concern at the moment 1049 00:48:46,960 --> 00:48:52,200 Speaker 20: for for our industry, but our growers there and wineries 1050 00:48:52,280 --> 00:48:56,080 Speaker 20: that they're really smart operators and they will make decisions 1051 00:48:56,680 --> 00:49:01,360 Speaker 20: within their own businesses to help their supply match international demand. 1052 00:49:01,640 --> 00:49:04,279 Speaker 2: How much of what's left on the vine is serving 1053 00:49:04,440 --> 00:49:06,120 Speaker 2: on blanc and how much of it's in Marlborough. 1054 00:49:08,320 --> 00:49:08,840 Speaker 7: Yes, well, you. 1055 00:49:08,840 --> 00:49:13,279 Speaker 20: Would have seen various reports in the recent week where 1056 00:49:14,200 --> 00:49:19,160 Speaker 20: figures were revealed about about the Marbile region. You've got 1057 00:49:19,239 --> 00:49:24,799 Speaker 20: to remember in our industry that ninety percent of our 1058 00:49:24,960 --> 00:49:27,359 Speaker 20: wine is exported and ninety percent of that comes from 1059 00:49:27,400 --> 00:49:29,960 Speaker 20: Marlboro and ninety percent of that is savignon blanc. 1060 00:49:30,120 --> 00:49:31,600 Speaker 15: So yes, it is. 1061 00:49:32,280 --> 00:49:36,000 Speaker 20: It is largely a savignon blanc issue that we are 1062 00:49:36,400 --> 00:49:40,040 Speaker 20: talking about here. But what we are so encouraged by 1063 00:49:40,440 --> 00:49:44,680 Speaker 20: is that New Zealand is making wine styles that the 1064 00:49:44,719 --> 00:49:47,759 Speaker 20: world wants and our brand health tracking research shows that 1065 00:49:48,640 --> 00:49:52,600 Speaker 20: more refreshing wine styles, lighter wine styles and white wines 1066 00:49:52,719 --> 00:49:56,840 Speaker 20: are being increasingly turned to and savignon blanc from New Zealand. 1067 00:49:57,520 --> 00:49:59,880 Speaker 20: It really has been such a s fest story a 1068 00:50:00,000 --> 00:50:04,280 Speaker 20: around the world, so we have no long term reason 1069 00:50:04,360 --> 00:50:04,800 Speaker 20: for concern. 1070 00:50:04,960 --> 00:50:09,320 Speaker 2: Sure the fall and demand globally around alcohol. The issue 1071 00:50:09,320 --> 00:50:11,880 Speaker 2: around alcohol is in your view, is that permanent. 1072 00:50:13,520 --> 00:50:18,760 Speaker 20: Well, I think we are definitely seeing the alcohol market 1073 00:50:18,880 --> 00:50:23,680 Speaker 20: and the wine market evolving, and we are working hard 1074 00:50:23,760 --> 00:50:26,960 Speaker 20: to keep connected with our consumers. That's what's led to 1075 00:50:27,080 --> 00:50:31,520 Speaker 20: our successes, being really closely connected to what international consumers 1076 00:50:31,560 --> 00:50:36,719 Speaker 20: love to drink around the world. And so as emerging 1077 00:50:38,400 --> 00:50:42,680 Speaker 20: emerging generations come through with their different habits, whether they 1078 00:50:42,800 --> 00:50:46,280 Speaker 20: be digitally led in how they like to learn about things, 1079 00:50:46,880 --> 00:50:49,320 Speaker 20: we've just got to keep ahead of the game on 1080 00:50:49,520 --> 00:50:54,200 Speaker 20: how we connect with our consumers and ensure that we 1081 00:50:54,360 --> 00:50:59,160 Speaker 20: are remaining relevant and we fight for occasion. We're trying 1082 00:50:59,239 --> 00:51:03,600 Speaker 20: to fit people's lifestyles and you're seeing some great innovation 1083 00:51:03,760 --> 00:51:06,960 Speaker 20: in our sector, whether it be lighter wines or packaging 1084 00:51:07,080 --> 00:51:09,800 Speaker 20: formats that have evolved to more convenience than the like. 1085 00:51:10,040 --> 00:51:15,120 Speaker 2: Okay, so generally you're bullish or not. 1086 00:51:17,200 --> 00:51:23,279 Speaker 20: We undoubtedly as an industry are facing a challenging time 1087 00:51:23,800 --> 00:51:26,839 Speaker 20: in our industry. But where I sit in brand, where 1088 00:51:27,360 --> 00:51:33,279 Speaker 20: we push our international reputation with the support of our 1089 00:51:33,400 --> 00:51:35,920 Speaker 20: seven hundred wineries around the world, we have such a 1090 00:51:36,040 --> 00:51:39,600 Speaker 20: strong position in the world. You know, in the UK, 1091 00:51:39,960 --> 00:51:43,480 Speaker 20: our oldest export market, one in every two bottles of 1092 00:51:43,560 --> 00:51:47,359 Speaker 20: savignon blanc is from New Zealand and in the US 1093 00:51:47,600 --> 00:51:50,879 Speaker 20: and premium price points, five out of the top ten 1094 00:51:51,120 --> 00:51:52,439 Speaker 20: selling white wines are. 1095 00:51:52,400 --> 00:51:53,280 Speaker 7: From New Zealand. 1096 00:51:53,760 --> 00:51:57,400 Speaker 20: So we whilst it's the concerning time at home and 1097 00:51:58,600 --> 00:52:02,279 Speaker 20: it's not easy for our growers, we do need to 1098 00:52:02,360 --> 00:52:08,120 Speaker 20: take heart that there are very very strong reputational strengths 1099 00:52:08,200 --> 00:52:11,440 Speaker 20: that we have. We're about to actually have an industry 1100 00:52:12,000 --> 00:52:15,320 Speaker 20: wine business forum called Embracing Growth and Sustaining the Future, 1101 00:52:15,880 --> 00:52:19,520 Speaker 20: and it's embracing change rather and embracing changes. What it's 1102 00:52:19,600 --> 00:52:22,520 Speaker 20: all about having the ability to adapt to our changing 1103 00:52:22,600 --> 00:52:25,239 Speaker 20: world and continue to make wines that the. 1104 00:52:25,280 --> 00:52:27,920 Speaker 2: World wants good stuff. Shall appreciate your time. Nice to 1105 00:52:27,920 --> 00:52:30,040 Speaker 2: talk to you, Charlotte Read, who's the general manager at 1106 00:52:30,200 --> 00:52:34,840 Speaker 2: brand at Winegros, New Zealand. My favorite story of yesterday 1107 00:52:35,000 --> 00:52:37,560 Speaker 2: for you in just a couple of moments seventeen to eight. 1108 00:52:38,800 --> 00:52:43,120 Speaker 1: The Vike Asking Breakfast Full Show podcast on iHeartRadio. How 1109 00:52:43,200 --> 00:52:44,279 Speaker 1: Advite News talks at me. 1110 00:52:46,320 --> 00:52:48,000 Speaker 2: I was mentioning earlier on I come back to it. 1111 00:52:48,120 --> 00:52:52,040 Speaker 2: These GLP drugs would go being Manjara and all that 1112 00:52:52,080 --> 00:52:54,320 Speaker 2: sort of stuff. Anyway, they fund them through script and 1113 00:52:54,360 --> 00:52:56,759 Speaker 2: the NHS and they come up with the survey saying 1114 00:52:56,800 --> 00:52:59,000 Speaker 2: that when people go off them, they put most of 1115 00:52:59,000 --> 00:53:03,839 Speaker 2: the weight back on, which is hardly surprising. But any 1116 00:53:04,080 --> 00:53:07,319 Speaker 2: having said that, my wife meets a radiologist yesterday who 1117 00:53:07,400 --> 00:53:11,520 Speaker 2: I was taken by because she's and she'll be walking 1118 00:53:11,600 --> 00:53:14,040 Speaker 2: right now. She walks every morning speaking of fitness, because 1119 00:53:14,200 --> 00:53:16,920 Speaker 2: these GLP things are just the problem with GOLP drugs 1120 00:53:17,040 --> 00:53:19,040 Speaker 2: is that they're an answer. They're a fantasy, seemingly a 1121 00:53:19,080 --> 00:53:22,040 Speaker 2: fantastic answer to people who've got weight problems also diabetes, 1122 00:53:22,080 --> 00:53:23,520 Speaker 2: of course, because it was made for diabetes in the 1123 00:53:23,520 --> 00:53:26,400 Speaker 2: first place. Not wait, anyway, they're a fantastic answer, but 1124 00:53:26,480 --> 00:53:28,560 Speaker 2: because the answer has been with us all along, which 1125 00:53:28,680 --> 00:53:30,759 Speaker 2: is to exercise. And if you want to exercise and 1126 00:53:30,800 --> 00:53:32,919 Speaker 2: eat well, then you're probably going to have some decent health. 1127 00:53:33,120 --> 00:53:36,360 Speaker 2: I hate that answer exactly. And then that is the problem. 1128 00:53:36,680 --> 00:53:39,640 Speaker 2: So Erin and we think her name's Erin, because of 1129 00:53:39,680 --> 00:53:41,480 Speaker 2: course she comes home and she tells me, she goes, oh, 1130 00:53:41,640 --> 00:53:44,400 Speaker 2: the wonderful woman. She's absolutely fantastic. So she walks fifty 1131 00:53:44,440 --> 00:53:47,640 Speaker 2: minutes to work every day listening to this program, and 1132 00:53:47,800 --> 00:53:49,520 Speaker 2: she walks fifty minutes home at the end of the day, 1133 00:53:49,560 --> 00:53:52,320 Speaker 2: listening to Heather, and she says she loves it because 1134 00:53:52,600 --> 00:53:55,640 Speaker 2: she feels fully informed for the day. Plus she loves gardens, 1135 00:53:55,719 --> 00:53:57,440 Speaker 2: and so she goes past different routes and looks at 1136 00:53:57,440 --> 00:53:59,200 Speaker 2: all the favorite gardens in the neighborhood on the way 1137 00:53:59,239 --> 00:54:03,480 Speaker 2: to work, and she also feels so she's informed, she's fit, 1138 00:54:04,200 --> 00:54:05,759 Speaker 2: and she's seen a lot of gardens. And I thought 1139 00:54:05,800 --> 00:54:08,560 Speaker 2: to myself, that is a fan, What a fantastic individual, 1140 00:54:09,040 --> 00:54:11,879 Speaker 2: What an uplifting story. And I said to Katie, I said, 1141 00:54:11,920 --> 00:54:14,400 Speaker 2: what's her name? And of course Katie, because she's like 1142 00:54:14,680 --> 00:54:16,279 Speaker 2: shallow as a puddle goes. I don't know. I think 1143 00:54:16,360 --> 00:54:18,960 Speaker 2: could be Erin? Did she introduce Erin? So if it 1144 00:54:19,080 --> 00:54:21,080 Speaker 2: is Eron, Aaron will know who I'm talking about. But 1145 00:54:21,120 --> 00:54:23,000 Speaker 2: if it's not Aaron, you're going to yourself all my 1146 00:54:23,120 --> 00:54:25,400 Speaker 2: name is Sharon. Then I apologized for my wife who 1147 00:54:25,440 --> 00:54:28,680 Speaker 2: wasn't paying attention. But walking to work fifteen minutes a day, 1148 00:54:28,760 --> 00:54:30,600 Speaker 2: walking home fifty minutes a day, it doesn't like walking 1149 00:54:30,640 --> 00:54:32,359 Speaker 2: in the rain, but then who does? But she still does. 1150 00:54:32,880 --> 00:54:34,920 Speaker 17: That did not go in the direction I thought I 1151 00:54:35,040 --> 00:54:37,600 Speaker 17: was going to go, mostly because quite early in the 1152 00:54:37,719 --> 00:54:40,480 Speaker 17: piece you mentioned that she was a radiologist. 1153 00:54:40,160 --> 00:54:44,000 Speaker 2: Yeah, radiologist, a few medical stories to tell maybe on 1154 00:54:44,120 --> 00:54:45,080 Speaker 2: Friday actually. 1155 00:54:44,960 --> 00:54:46,920 Speaker 17: And well no, but I just thought that from a 1156 00:54:47,200 --> 00:54:49,600 Speaker 17: radiologist point of view, that she might have some insight 1157 00:54:49,680 --> 00:54:53,240 Speaker 17: into the side effects of a zempak or walking. 1158 00:54:53,360 --> 00:54:55,200 Speaker 2: No, no, we didn't talk about a zempa because that 1159 00:54:55,280 --> 00:54:57,960 Speaker 2: was a separate thing and I wasn't there, So Katie, 1160 00:54:58,040 --> 00:54:59,520 Speaker 2: I mean I would have peppered her with that sort 1161 00:54:59,560 --> 00:55:02,080 Speaker 2: of stuff, like what's your name? Yeah, I were first 1162 00:55:02,120 --> 00:55:05,520 Speaker 2: things go. I would have said, now, oh, eron, lovely 1163 00:55:05,600 --> 00:55:07,560 Speaker 2: to meet you. You sound like an interesting person. Let's 1164 00:55:07,560 --> 00:55:08,040 Speaker 2: do a little Q. 1165 00:55:08,080 --> 00:55:10,760 Speaker 21: And A, as were gov rotting us from the inside exactly. 1166 00:55:11,040 --> 00:55:16,160 Speaker 21: Katie's not like that, and what's your name? Best story 1167 00:55:16,200 --> 00:55:19,239 Speaker 21: of the day yesterday Christa and Alex Clark also good 1168 00:55:19,280 --> 00:55:20,960 Speaker 21: morning to you, because I suspect their listeners of this 1169 00:55:21,040 --> 00:55:22,640 Speaker 21: program because I looked at them on the news last 1170 00:55:22,680 --> 00:55:24,560 Speaker 21: night and I thought there's a beedlessness all day long. 1171 00:55:24,840 --> 00:55:27,279 Speaker 21: Their Middle New Zealand, they rang the hot line, the 1172 00:55:27,320 --> 00:55:30,160 Speaker 21: tip line, not for the road canes, so probably wrung 1173 00:55:30,239 --> 00:55:32,520 Speaker 21: them as well. But anyway, they had a garden shed 1174 00:55:32,600 --> 00:55:34,560 Speaker 21: in the backyard and they'd moved it to the corner 1175 00:55:34,640 --> 00:55:37,320 Speaker 21: of the yard and they'd gone this, they got permission 1176 00:55:37,360 --> 00:55:39,640 Speaker 21: of the neighbors because of course it's illegal to do that. 1177 00:55:39,880 --> 00:55:41,560 Speaker 21: And so if you didn't know the rule, you had 1178 00:55:41,600 --> 00:55:44,200 Speaker 21: to be as far away from your boundary with your 1179 00:55:44,239 --> 00:55:46,799 Speaker 21: garden shed as your garden shed is high. So if 1180 00:55:46,800 --> 00:55:48,279 Speaker 21: your garden shed's two and a half meters high, you 1181 00:55:48,280 --> 00:55:49,520 Speaker 21: had to be two and a half meters away from 1182 00:55:49,520 --> 00:55:49,960 Speaker 21: your boundary. 1183 00:55:50,160 --> 00:55:53,400 Speaker 2: You're asking why, very good question. So they rang the 1184 00:55:53,440 --> 00:55:55,239 Speaker 2: tip line and they said, that's a stupid rule. How 1185 00:55:55,239 --> 00:55:57,400 Speaker 2: about we changed that stupid rule. David Seymour, who's on 1186 00:55:57,440 --> 00:55:59,080 Speaker 2: the end of the phone, he does the answer machine 1187 00:55:59,080 --> 00:56:00,719 Speaker 2: every day at the end of the day, he went, 1188 00:56:00,800 --> 00:56:02,200 Speaker 2: that's a good idea, and he went and changed the rules. 1189 00:56:02,200 --> 00:56:03,600 Speaker 2: He's going to change the rules and went and opened 1190 00:56:03,640 --> 00:56:06,520 Speaker 2: up their shed. And that is what New Zealand should 1191 00:56:06,520 --> 00:56:10,240 Speaker 2: all be about. Christa and alexis going out living their life, 1192 00:56:10,560 --> 00:56:14,320 Speaker 2: being sensible, being logical, helping a government change dumb rules 1193 00:56:14,480 --> 00:56:16,560 Speaker 2: and we're all better off for it. So congratulations to 1194 00:56:16,640 --> 00:56:20,600 Speaker 2: them and good Morning Eron ten minutes away from eight, the. 1195 00:56:20,800 --> 00:56:24,920 Speaker 1: Mike Hosking Breakfast with Bailey's Real Estate News Dogs, Dea'd be. 1196 00:56:25,000 --> 00:56:26,640 Speaker 2: Giving away from Make Good News for New Zealand and 1197 00:56:26,840 --> 00:56:29,279 Speaker 2: especially our sports cred Towering has been handled the hosting 1198 00:56:29,360 --> 00:56:32,000 Speaker 2: rights for the twenty twenty eight WORLL Triathlon Champs three 1199 00:56:32,080 --> 00:56:34,200 Speaker 2: year deal several events in twenty six and twenty seven 1200 00:56:34,280 --> 00:56:37,200 Speaker 2: leading up. It's also expected to generate about twenty five 1201 00:56:37,280 --> 00:56:41,720 Speaker 2: million in tourism spending. Pete Devitt is Triathlon New Zealand's 1202 00:56:41,840 --> 00:56:45,879 Speaker 2: CEO and is with us Pete morning, hold on, there's 1203 00:56:46,640 --> 00:56:52,160 Speaker 2: my mouse stand by. You're with us? Yeah, good demand 1204 00:56:52,239 --> 00:56:53,600 Speaker 2: for it. I mean, did you have to compete with 1205 00:56:53,600 --> 00:56:55,200 Speaker 2: the whole lot of countries or cities. 1206 00:56:56,080 --> 00:56:57,080 Speaker 7: Yeah, yeah, we did. 1207 00:56:57,840 --> 00:56:59,520 Speaker 11: But to be fair, we've been working on this for 1208 00:56:59,560 --> 00:57:02,239 Speaker 11: about three years and tried to position this with World 1209 00:57:02,280 --> 00:57:07,040 Speaker 11: Trifling quite some time ago, primarily through hosting World Cup 1210 00:57:07,080 --> 00:57:09,759 Speaker 11: events over the last three years and really showing them 1211 00:57:09,800 --> 00:57:12,279 Speaker 11: that we've got what it takes to deliver this event 1212 00:57:12,400 --> 00:57:15,399 Speaker 11: for World Triathlon and for New Zealand. So yeah, really 1213 00:57:15,400 --> 00:57:18,120 Speaker 11: excited that we're here today and we're able to tell 1214 00:57:18,160 --> 00:57:18,800 Speaker 11: the world about this. 1215 00:57:19,160 --> 00:57:21,480 Speaker 2: How many people would come from New Zealand as opposed 1216 00:57:21,480 --> 00:57:22,640 Speaker 2: to from around the world. 1217 00:57:23,760 --> 00:57:26,840 Speaker 11: So we'd expect to have probably about twelve to thirteen 1218 00:57:26,960 --> 00:57:29,720 Speaker 11: hundred age groups racing in the age group race in 1219 00:57:29,840 --> 00:57:33,120 Speaker 11: twenty twenty eight of a field of about four and 1220 00:57:33,160 --> 00:57:35,920 Speaker 11: a half thousand, so fairly large contingent of New Zealand 1221 00:57:35,920 --> 00:57:39,520 Speaker 11: actually would race in the age group race. Yes, so 1222 00:57:40,040 --> 00:57:41,840 Speaker 11: a big, big interest in the sport from an age 1223 00:57:41,840 --> 00:57:44,400 Speaker 11: group perspective, and obviously great for them to be able 1224 00:57:44,440 --> 00:57:47,040 Speaker 11: to actually compete at home instead of jumping on a 1225 00:57:47,120 --> 00:57:48,920 Speaker 11: plane and having to travel around the world to compete 1226 00:57:48,920 --> 00:57:49,600 Speaker 11: in the World chams. 1227 00:57:49,960 --> 00:57:52,120 Speaker 2: Yeah, it must have. Did it help? Do you know 1228 00:57:52,200 --> 00:57:53,960 Speaker 2: for a fact that helps that we're actually quite good 1229 00:57:54,000 --> 00:57:54,880 Speaker 2: at this is a sport? 1230 00:57:55,800 --> 00:57:58,120 Speaker 11: Yeah, it does help, certainly does help. And I think 1231 00:57:58,200 --> 00:58:01,840 Speaker 11: that's also a large drive for us. Was given that 1232 00:58:01,920 --> 00:58:06,200 Speaker 11: Hayden will likely bow out of Olympic distance racing in 1233 00:58:06,320 --> 00:58:08,760 Speaker 11: twenty twenty eight, it's a fitting end to his career 1234 00:58:08,840 --> 00:58:11,240 Speaker 11: for him to finish it up in Tronto, which is 1235 00:58:11,280 --> 00:58:12,520 Speaker 11: pretty close to his hometown. 1236 00:58:12,680 --> 00:58:12,880 Speaker 9: Yeah. 1237 00:58:12,960 --> 00:58:15,360 Speaker 2: And what about Tewrong when you're looking from an international 1238 00:58:15,440 --> 00:58:17,640 Speaker 2: point of view and handing out these sort of prizes, 1239 00:58:18,320 --> 00:58:21,120 Speaker 2: is Tawrong as a gateway or problem as opposed to say, 1240 00:58:21,160 --> 00:58:23,080 Speaker 2: in Auckland, which is easier for the world to get to. 1241 00:58:23,840 --> 00:58:24,560 Speaker 1: Yeah, not really. 1242 00:58:24,880 --> 00:58:27,800 Speaker 11: I think what we've looked at from a World triath 1243 00:58:27,840 --> 00:58:30,200 Speaker 11: on perspective, they kind of look at it as iconic 1244 00:58:30,280 --> 00:58:34,840 Speaker 11: cities or beautiful destinations. So I think from our perspective, 1245 00:58:34,880 --> 00:58:38,560 Speaker 11: Teiroanto fits the ball of beautiful destinations. And you know, 1246 00:58:38,800 --> 00:58:40,920 Speaker 11: we had the seventy point three World Champs, iron Man 1247 00:58:41,000 --> 00:58:45,080 Speaker 11: World Champs here in Topoin in December last year, over 1248 00:58:45,160 --> 00:58:48,040 Speaker 11: six thousand athletes competing. So I don't think there's too 1249 00:58:48,160 --> 00:58:51,080 Speaker 11: much of a concern around getting athletes from main centers 1250 00:58:51,120 --> 00:58:53,360 Speaker 11: into regional New Zealand. We've proven we can do it 1251 00:58:53,440 --> 00:58:55,440 Speaker 11: before and we where we'd easily be able to do 1252 00:58:55,480 --> 00:58:55,800 Speaker 11: it again. 1253 00:58:56,120 --> 00:58:59,720 Speaker 2: Exciting times. Well done, congratulations on it. Peaked Avot Triathlon 1254 00:58:59,760 --> 00:59:04,160 Speaker 2: newsan CEO four minutes away from Ape Mike love you, 1255 00:59:04,240 --> 00:59:07,160 Speaker 2: Sham an acupuncturist. Have a clinic in gray Land. Happy 1256 00:59:07,200 --> 00:59:09,240 Speaker 2: to offer you and Katie a complimentary treatment if you're 1257 00:59:09,240 --> 00:59:12,880 Speaker 2: into needles. You're very kind. We don't take freebies. But 1258 00:59:14,120 --> 00:59:18,240 Speaker 2: Katie did it, and she's into holistic stuff these days, 1259 00:59:18,280 --> 00:59:20,120 Speaker 2: in health and medicine stuff, and she went for the needles. 1260 00:59:20,240 --> 00:59:23,200 Speaker 2: And there's no question. I don't know whether it's even 1261 00:59:23,200 --> 00:59:25,360 Speaker 2: a thing anymore. Whether the people think acupuncture works, there's 1262 00:59:25,400 --> 00:59:29,439 Speaker 2: no question it works. The needle thing was a major 1263 00:59:29,480 --> 00:59:31,360 Speaker 2: psychologically for her and she I don't think she can 1264 00:59:31,360 --> 00:59:32,920 Speaker 2: get a head around it. Last time I talked to her. 1265 00:59:32,960 --> 00:59:35,440 Speaker 2: Mike Rewhine, there are only two messages we need to 1266 00:59:35,440 --> 00:59:37,040 Speaker 2: get out to the world. One serving on blanc is 1267 00:59:37,040 --> 00:59:39,760 Speaker 2: the best variety to drink with. Seafood too, Marlborough makes 1268 00:59:39,800 --> 00:59:42,000 Speaker 2: the best saving on blanc in the world. Celebration Champagne 1269 00:59:42,040 --> 00:59:44,680 Speaker 2: seafood serving on Blanc. Tim Crawford. Tim Crawford's a legend, 1270 00:59:44,720 --> 00:59:48,439 Speaker 2: of course, the Crawford label. Tim and Erica love Erica. 1271 00:59:48,680 --> 00:59:50,560 Speaker 2: Do I love Erica more than Tim? It doesn't really matter. 1272 00:59:50,560 --> 00:59:52,240 Speaker 2: But the point is that Tim makes the wine, Erica 1273 00:59:52,320 --> 00:59:54,400 Speaker 2: does the marketing. Anyway, they're one of the great success 1274 00:59:54,480 --> 00:59:58,040 Speaker 2: stories of the New Zealand wine industry. News for you 1275 00:59:58,080 --> 01:00:00,840 Speaker 2: in a couple of moments, and we've got to politics Wednesday. 1276 01:00:01,160 --> 01:00:04,520 Speaker 2: They're in recess against the Marc's overseas and Ginny isn't 1277 01:00:04,600 --> 01:00:06,760 Speaker 2: but she's out of town, but she will be with us, 1278 01:00:06,840 --> 01:00:09,040 Speaker 2: So we've got that as anyone running the country vibe 1279 01:00:09,040 --> 01:00:12,640 Speaker 2: about us this morning on Politics Wednesday, I might raise 1280 01:00:12,680 --> 01:00:14,640 Speaker 2: that with them and see how that goes for us. Anyway, 1281 01:00:14,720 --> 01:00:16,640 Speaker 2: that's after the News, which was next on the Mike 1282 01:00:16,680 --> 01:00:17,840 Speaker 2: Hosking Breakfast. 1283 01:00:23,840 --> 01:00:29,560 Speaker 1: Town Fliers and only twice the News and the newsmakers 1284 01:00:29,960 --> 01:00:34,160 Speaker 1: the Mic Hosking Breakfast with Bailey's real Estate altogether better 1285 01:00:34,240 --> 01:00:37,400 Speaker 1: across residential, commercial and rural news talks. 1286 01:00:37,200 --> 01:00:37,520 Speaker 9: Head be. 1287 01:00:41,560 --> 01:00:52,720 Speaker 3: I'm from the back where down south going? Hey, Tom, Now, 1288 01:00:52,800 --> 01:00:53,080 Speaker 3: while I. 1289 01:00:53,160 --> 01:00:55,520 Speaker 2: Was interested in this, this is not my kind of music, 1290 01:00:55,760 --> 01:00:58,560 Speaker 2: but not that's nothing, skilled and clever and all that, 1291 01:00:58,760 --> 01:01:01,400 Speaker 2: because it is. But I was wanting to hear the 1292 01:01:01,480 --> 01:01:03,680 Speaker 2: voice and what sort of shape he's in this, Buddy guy. 1293 01:01:04,400 --> 01:01:06,080 Speaker 1: I ain't done with the blues. 1294 01:01:07,120 --> 01:01:09,760 Speaker 2: It seems to be, by the way, it's his twentieth 1295 01:01:09,840 --> 01:01:13,120 Speaker 2: studio album. And what I was interested in is the voice, 1296 01:01:13,120 --> 01:01:17,120 Speaker 2: which sounds very strong. He's eighty nine, which gives you 1297 01:01:17,160 --> 01:01:18,919 Speaker 2: an indication that if you do what you love every 1298 01:01:19,000 --> 01:01:21,040 Speaker 2: day and you're a performer, then the chances are you're 1299 01:01:21,040 --> 01:01:23,280 Speaker 2: probably going to leave to a rifle of age, which 1300 01:01:23,400 --> 01:01:26,440 Speaker 2: is it seems to be Joe Walsh's in this, and 1301 01:01:26,560 --> 01:01:30,080 Speaker 2: Peter Frampton's in this, and the Blind Boys of Alabama 1302 01:01:30,280 --> 01:01:34,400 Speaker 2: in it. We're Tuesday, and there is the good news 1303 01:01:34,800 --> 01:01:38,760 Speaker 2: is there are eighteen glorious tracks for one hour. Not 1304 01:01:38,880 --> 01:01:41,840 Speaker 2: often to say that these days, one hour, four minutes 1305 01:01:41,960 --> 01:01:45,560 Speaker 2: and forty two seconds of big bad buddy guy. 1306 01:01:47,280 --> 01:01:48,320 Speaker 1: And be hard. 1307 01:01:49,920 --> 01:01:51,440 Speaker 2: Right in his eight min it's past as time for 1308 01:01:51,480 --> 01:01:54,120 Speaker 2: politics Wednesday, Mark Mitchell Wills along with Jindy Anderson, Good 1309 01:01:54,120 --> 01:01:54,920 Speaker 2: morning to you too. 1310 01:01:56,160 --> 01:01:58,520 Speaker 22: Hey, morning morning, Jimmy, good morning. 1311 01:01:59,000 --> 01:02:02,240 Speaker 2: Now, first of all, I'm just trying to work out 1312 01:02:02,280 --> 01:02:08,320 Speaker 2: what I start with you, Ginny okay, and no, I 1313 01:02:08,400 --> 01:02:09,960 Speaker 2: know your answer. Don't give me the A'm not going 1314 01:02:10,040 --> 01:02:12,160 Speaker 2: to make policy on this program. I get that, I 1315 01:02:12,280 --> 01:02:16,080 Speaker 2: understand that, But in general, would you look to flip 1316 01:02:16,200 --> 01:02:18,960 Speaker 2: the Erica Stanford announcement. 1317 01:02:18,480 --> 01:02:19,000 Speaker 9: Of this week? 1318 01:02:20,680 --> 01:02:23,160 Speaker 22: Well, I need to know more about it. So the 1319 01:02:23,280 --> 01:02:26,840 Speaker 22: main issue I have currently is that it's a really 1320 01:02:26,880 --> 01:02:31,240 Speaker 22: short consultation period for such a huge overhaul. And to 1321 01:02:31,320 --> 01:02:34,440 Speaker 22: be honest, my personal view has told Caucus about this. 1322 01:02:34,560 --> 01:02:37,360 Speaker 22: But what's this AI stuff? Are they going to mark 1323 01:02:37,400 --> 01:02:40,720 Speaker 22: the papers? I don't get that, but my AI is 1324 01:02:40,760 --> 01:02:41,360 Speaker 22: going to do something. 1325 01:02:41,560 --> 01:02:44,040 Speaker 2: Well, what about the idea of a certificate versus NCA 1326 01:02:44,520 --> 01:02:46,640 Speaker 2: four subjects? You've got a part five subjects got to 1327 01:02:46,680 --> 01:02:49,320 Speaker 2: pass for abc D and E marking. I mean and 1328 01:02:49,440 --> 01:02:51,960 Speaker 2: that in theory. Does that sit okay with you guys? 1329 01:02:52,080 --> 01:02:53,680 Speaker 2: Are you guys going to create some sort of big 1330 01:02:53,720 --> 01:02:55,160 Speaker 2: fuss that it becomes an election issue. 1331 01:02:55,880 --> 01:03:00,600 Speaker 22: We knew there were issues within CEA and and taking 1332 01:03:00,720 --> 01:03:03,160 Speaker 22: a good look at that. But what we don't want 1333 01:03:03,200 --> 01:03:06,400 Speaker 22: to go back to is the old school system where 1334 01:03:06,400 --> 01:03:08,680 Speaker 22: if you got under fifty percent, you're a failure and 1335 01:03:08,800 --> 01:03:12,200 Speaker 22: that's that. So NCAA was trying to make it more 1336 01:03:12,440 --> 01:03:16,960 Speaker 22: workable for kids to keep progressing and moving. So as 1337 01:03:17,000 --> 01:03:20,200 Speaker 22: long as we're not returning to a situation where someone 1338 01:03:20,240 --> 01:03:23,240 Speaker 22: gets under fifty percent by one Mark and their toast. 1339 01:03:23,680 --> 01:03:25,760 Speaker 22: So that's not going to help anyone. But look, if 1340 01:03:25,760 --> 01:03:29,360 Speaker 22: they're going to make genuine, constructive improvements that make good 1341 01:03:29,480 --> 01:03:32,520 Speaker 22: vocational options for kids, of course we'd be always open 1342 01:03:32,600 --> 01:03:35,640 Speaker 22: to discuss that. My real concern is that six weeks 1343 01:03:35,720 --> 01:03:39,840 Speaker 22: consultation doesn't really give pearans or students the opportunity to 1344 01:03:39,880 --> 01:03:40,840 Speaker 22: have a decent say, all. 1345 01:03:40,840 --> 01:03:43,520 Speaker 2: Right, what it looks like Mark cash Patel. Did you 1346 01:03:43,600 --> 01:03:43,960 Speaker 2: meet him? 1347 01:03:45,240 --> 01:03:45,439 Speaker 7: Yes? 1348 01:03:45,840 --> 01:03:47,240 Speaker 2: Yeah, because you were in the room and I thought, 1349 01:03:47,320 --> 01:03:49,640 Speaker 2: hang on, he's probably met Mark. Tak me through it, 1350 01:03:49,680 --> 01:03:51,640 Speaker 2: would you go. Would you go for a beer with them? 1351 01:03:52,960 --> 01:03:53,439 Speaker 9: Yeah? I would. 1352 01:03:53,520 --> 01:03:57,960 Speaker 23: Yeah, I'm very good, really focused on getting if your 1353 01:03:58,120 --> 01:04:01,160 Speaker 23: agent's sort of back to basics, back out doing the 1354 01:04:01,240 --> 01:04:03,680 Speaker 23: law enforcement role that they all joined to do, and 1355 01:04:03,800 --> 01:04:07,120 Speaker 23: obviously really good having them down here and with the 1356 01:04:07,200 --> 01:04:09,440 Speaker 23: permanent presence now to we talked a lot about the 1357 01:04:09,520 --> 01:04:10,480 Speaker 23: myth situation. 1358 01:04:10,360 --> 01:04:13,640 Speaker 9: Globally and how we can work together on that. 1359 01:04:14,360 --> 01:04:16,800 Speaker 23: Obviously they've got a much bigger footprint and better intelligence 1360 01:04:16,840 --> 01:04:19,080 Speaker 23: coming out of South America, which is where a lot 1361 01:04:19,120 --> 01:04:21,560 Speaker 23: of this myth amphetamine has been generated from, and it's 1362 01:04:21,600 --> 01:04:25,720 Speaker 23: having an awful impact on our Pacific countries. And of 1363 01:04:25,800 --> 01:04:29,040 Speaker 23: course both New Zealand and Australia are working to deal 1364 01:04:29,080 --> 01:04:29,680 Speaker 23: with us as well. 1365 01:04:29,920 --> 01:04:31,760 Speaker 2: Right, And when Nicholas said she saw a lot of 1366 01:04:31,800 --> 01:04:33,600 Speaker 2: good looking men in suits, were they. 1367 01:04:33,560 --> 01:04:38,240 Speaker 9: Good looking as well? She's a far better judge, she's 1368 01:04:38,280 --> 01:04:43,200 Speaker 9: a but yeah, of course he's got a security detail with. 1369 01:04:43,240 --> 01:04:48,640 Speaker 2: Them, Okay, the foreshore and seabed Ginny, would you are 1370 01:04:48,680 --> 01:04:53,600 Speaker 2: you comfortable broadly with what old you know, Justice Minister 1371 01:04:53,920 --> 01:04:54,920 Speaker 2: Goldsmith is doing or not? 1372 01:04:56,400 --> 01:04:57,840 Speaker 22: No, I don't think it's it's great. 1373 01:04:58,840 --> 01:05:00,680 Speaker 2: But isn't he going back to tooth eleven and if 1374 01:05:00,720 --> 01:05:02,560 Speaker 2: you didn't like twenty eleven, you could have done something 1375 01:05:02,600 --> 01:05:04,160 Speaker 2: about it when you're in government, but you didn't. 1376 01:05:05,240 --> 01:05:08,720 Speaker 22: Well, the situation is that it wasn't actually causing any 1377 01:05:08,800 --> 01:05:12,960 Speaker 22: interference with public access. And I don't think what he's 1378 01:05:13,080 --> 01:05:16,800 Speaker 22: done is strengthening the martive crown relationship at all. So 1379 01:05:16,960 --> 01:05:18,880 Speaker 22: all of those who have been through the court process 1380 01:05:19,000 --> 01:05:23,200 Speaker 22: are kind of left hanging now, well not all of those, Well, 1381 01:05:23,240 --> 01:05:25,440 Speaker 22: those who have spent years going through a process is 1382 01:05:25,440 --> 01:05:27,880 Speaker 22: more than those who have actually started the process as well, 1383 01:05:27,920 --> 01:05:31,040 Speaker 22: who have initiated that process is more than seven year. 1384 01:05:31,400 --> 01:05:34,000 Speaker 22: So I don't think it actually resolves anything clearly that 1385 01:05:34,520 --> 01:05:36,080 Speaker 22: helps the martive crown relationship. 1386 01:05:36,280 --> 01:05:38,440 Speaker 2: What was wrong with the line that if you if you, 1387 01:05:38,720 --> 01:05:40,520 Speaker 2: if you can prove to a court or the government 1388 01:05:40,600 --> 01:05:43,480 Speaker 2: or whatever, that you've had access since eighteen forty pretty 1389 01:05:43,520 --> 01:05:46,720 Speaker 2: much uninterrupted, you get your title. If you don't, you don't. 1390 01:05:46,920 --> 01:05:47,560 Speaker 2: What's wrong with that. 1391 01:05:49,440 --> 01:05:52,840 Speaker 22: That there were very few that because of colonization, that 1392 01:05:52,920 --> 01:05:54,440 Speaker 22: were able to establish that. 1393 01:05:54,600 --> 01:05:56,880 Speaker 2: Yeah, and hence therefore you don't want one rule for 1394 01:05:57,800 --> 01:06:00,520 Speaker 2: you know, based on rates, do you in other words, 1395 01:06:00,560 --> 01:06:01,760 Speaker 2: of your left it and you didn't do it, You 1396 01:06:01,800 --> 01:06:03,920 Speaker 2: can't suddenly you know, one hundred and fifty years later, go, 1397 01:06:04,000 --> 01:06:05,720 Speaker 2: oh yeah, we kind of like that place back then. 1398 01:06:06,680 --> 01:06:09,040 Speaker 22: But there were many other instances where there had been 1399 01:06:09,160 --> 01:06:12,720 Speaker 22: continual customer gathering. There have been other practices that were happening, 1400 01:06:13,480 --> 01:06:15,960 Speaker 22: and so we still wanted their ability to test that 1401 01:06:16,080 --> 01:06:18,800 Speaker 22: right in the courts. So taking that away didn't really 1402 01:06:18,880 --> 01:06:20,720 Speaker 22: do anything for the Mighty Crown relationship. 1403 01:06:21,280 --> 01:06:21,480 Speaker 14: Mark. 1404 01:06:22,480 --> 01:06:25,120 Speaker 23: Sorry, make no, I was just going to say, Mike, 1405 01:06:25,200 --> 01:06:27,760 Speaker 23: that fools just reinstating the law back to what the 1406 01:06:27,840 --> 01:06:30,360 Speaker 23: intent was in twenty eleven and it was changed through 1407 01:06:30,400 --> 01:06:31,080 Speaker 23: a court decision. 1408 01:06:31,160 --> 01:06:33,919 Speaker 2: So how do you handle it? See Mark, and don't 1409 01:06:33,960 --> 01:06:36,880 Speaker 2: tell me what goes on in cabinet obviously, But I 1410 01:06:36,960 --> 01:06:39,480 Speaker 2: had Paul on earlier on today and I said, what 1411 01:06:39,840 --> 01:06:41,160 Speaker 2: have you been doing? I mean, why are you listening 1412 01:06:41,200 --> 01:06:43,240 Speaker 2: to courts? If you are the court of the land, 1413 01:06:43,280 --> 01:06:45,400 Speaker 2: you are the highest court of the land, and if 1414 01:06:45,440 --> 01:06:46,960 Speaker 2: you want to do something, do it. What are we 1415 01:06:47,040 --> 01:06:50,520 Speaker 2: mucking around for years on end being and being told 1416 01:06:50,560 --> 01:06:51,680 Speaker 2: what to do by courts? 1417 01:06:53,000 --> 01:06:54,840 Speaker 9: Yeah? Well, so I agree with you. 1418 01:06:55,000 --> 01:06:57,880 Speaker 23: Is that is that you know, once the law has passed, 1419 01:06:57,880 --> 01:07:00,200 Speaker 23: all legislation has passed by Parliament in the intent that 1420 01:07:00,280 --> 01:07:02,720 Speaker 23: should be applied by the courts. But the problem is, 1421 01:07:03,000 --> 01:07:06,600 Speaker 23: so the courts are making their own interpretations of the law, 1422 01:07:06,640 --> 01:07:07,880 Speaker 23: and that's what we've had in this case. 1423 01:07:07,920 --> 01:07:08,200 Speaker 9: Had to go. 1424 01:07:10,320 --> 01:07:12,560 Speaker 2: Yeah, But the point I'm saying Judy though, the point 1425 01:07:12,680 --> 01:07:14,080 Speaker 2: is you don't have to listen to it. I mean, 1426 01:07:14,080 --> 01:07:15,480 Speaker 2: you're always going to get somebody to go to court 1427 01:07:15,560 --> 01:07:17,120 Speaker 2: to test and that's fine. But if you're going to 1428 01:07:17,160 --> 01:07:19,120 Speaker 2: get activist courts, what's the point of parliament. 1429 01:07:20,200 --> 01:07:21,880 Speaker 22: Well you can flip it the other way too and 1430 01:07:21,960 --> 01:07:23,959 Speaker 22: say Parliament's going to override everything the courts. 1431 01:07:24,160 --> 01:07:26,560 Speaker 2: What's well, not everything, but the stuff that you as 1432 01:07:26,720 --> 01:07:30,600 Speaker 2: the duly elected power i e. The government's right. You 1433 01:07:30,640 --> 01:07:32,560 Speaker 2: know you've got that, you be able to have some control. 1434 01:07:33,800 --> 01:07:35,840 Speaker 22: This goes right into what is I mean you're getting 1435 01:07:35,840 --> 01:07:38,320 Speaker 22: into law as one or what is a separation of power? 1436 01:07:38,440 --> 01:07:42,160 Speaker 22: I mean the two. In twenty eleven you had National 1437 01:07:42,280 --> 01:07:44,840 Speaker 22: saying that Malory had their right to test test the 1438 01:07:44,960 --> 01:07:47,000 Speaker 22: rights in court and they seem to have taken a 1439 01:07:47,040 --> 01:07:48,760 Speaker 22: different position once in the government on. 1440 01:07:48,800 --> 01:07:51,400 Speaker 23: All right, Well, it's it's not a separation of power 1441 01:07:51,400 --> 01:07:53,640 Speaker 23: issue at all. Is quite simply the will of the people. 1442 01:07:54,120 --> 01:07:55,040 Speaker 23: The will of the people. 1443 01:07:55,480 --> 01:07:57,800 Speaker 22: About the legal doctrine the separation of power, which is 1444 01:07:57,920 --> 01:07:58,920 Speaker 22: executive judiciary. 1445 01:07:59,160 --> 01:08:01,640 Speaker 2: I think viewing more along my lines, and old Paul 1446 01:08:01,680 --> 01:08:03,560 Speaker 2: Goldsmith was struggling with it. He seemed he seems to 1447 01:08:03,600 --> 01:08:05,160 Speaker 2: be sort of like the court and he likes to 1448 01:08:05,200 --> 01:08:06,400 Speaker 2: listen to what the court are saying and all that 1449 01:08:06,440 --> 01:08:08,160 Speaker 2: sort of stuff. But listen, I've got to take a break, 1450 01:08:08,160 --> 01:08:11,120 Speaker 2: brief break more in a moment. Fourteen past the Mike. 1451 01:08:11,080 --> 01:08:15,240 Speaker 1: Husking Breakfast Full Show podcast on iHeart Radio powered by 1452 01:08:15,360 --> 01:08:16,160 Speaker 1: News Talks It be. 1453 01:08:17,760 --> 01:08:20,240 Speaker 2: Used Talks Me seventeen past day, Ginny Anderson, Mark Mitchell 1454 01:08:20,320 --> 01:08:23,120 Speaker 2: with us Mark the Sylvia Wood at theyr Cup. Were 1455 01:08:23,160 --> 01:08:25,760 Speaker 2: you at the conference over the weekend? Yes, it was 1456 01:08:25,920 --> 01:08:28,200 Speaker 2: good buzz, Yeah it was. 1457 01:08:28,360 --> 01:08:29,719 Speaker 9: That was great, really good conference. 1458 01:08:30,040 --> 01:08:32,960 Speaker 2: When Sylvia comes out party president and goes the country 1459 01:08:33,000 --> 01:08:35,360 Speaker 2: doesn't see the Prime minister's humanity, Does she realize you 1460 01:08:35,400 --> 01:08:37,639 Speaker 2: probably shouldn't say those things out loud because that's part 1461 01:08:37,680 --> 01:08:38,160 Speaker 2: of the problem. 1462 01:08:40,840 --> 01:08:44,040 Speaker 22: Well, I thought it was a campaign on I thought 1463 01:08:44,080 --> 01:08:45,360 Speaker 22: it was going to be Erica by the end of 1464 01:08:45,360 --> 01:08:45,799 Speaker 22: the weekend. 1465 01:08:46,320 --> 01:08:49,599 Speaker 23: Well, we're we're very lucky to have Sylvie Wood as 1466 01:08:49,680 --> 01:08:54,519 Speaker 23: our president. And look, she's probably talking and engineering terms he's, 1467 01:08:54,920 --> 01:08:58,080 Speaker 23: you know, the Prime Minister. In my view, I consider 1468 01:08:58,120 --> 01:09:01,479 Speaker 23: him a personal friend and I've got huge admiration for 1469 01:09:01,600 --> 01:09:04,439 Speaker 23: him as a guy. That he didn't really get a honeymoon. 1470 01:09:04,439 --> 01:09:07,880 Speaker 23: He's under constant attack, you know. And but the fact 1471 01:09:07,920 --> 01:09:09,880 Speaker 23: of the matter is that he is. He is working 1472 01:09:09,960 --> 01:09:12,920 Speaker 23: bloody hard for our country. He knows what to do 1473 01:09:13,120 --> 01:09:15,320 Speaker 23: and in there our times, which is extremely difficult at 1474 01:09:15,320 --> 01:09:18,000 Speaker 23: the moment with global headwinds we have, there is no 1475 01:09:18,080 --> 01:09:20,320 Speaker 23: one better, in my view, that should be running the country. 1476 01:09:21,160 --> 01:09:23,479 Speaker 2: I wouldpect you to say that, and not only that, Mark, 1477 01:09:23,520 --> 01:09:24,320 Speaker 2: but I also believe. 1478 01:09:24,640 --> 01:09:25,519 Speaker 9: But I believe. 1479 01:09:25,640 --> 01:09:28,880 Speaker 2: I mean that from heart. I know you believed. 1480 01:09:28,880 --> 01:09:30,439 Speaker 9: I wouldn't say it if I didn't feel. 1481 01:09:30,680 --> 01:09:32,920 Speaker 2: When and this is the problem with Sylvia saying what 1482 01:09:33,040 --> 01:09:35,559 Speaker 2: she did. When does it translate to a point where 1483 01:09:35,600 --> 01:09:37,640 Speaker 2: people go, yep, Mark was right and he is a 1484 01:09:37,720 --> 01:09:38,760 Speaker 2: decent blow and I get it. 1485 01:09:40,479 --> 01:09:40,639 Speaker 9: Well. 1486 01:09:40,680 --> 01:09:42,400 Speaker 23: I just think that if they actually look at him, 1487 01:09:42,400 --> 01:09:44,160 Speaker 23: if they if they look and see what he's doing 1488 01:09:44,640 --> 01:09:46,519 Speaker 23: and what he's achieving for us as a country, and 1489 01:09:46,560 --> 01:09:48,960 Speaker 23: if they and if they actually look at the difficulties 1490 01:09:49,000 --> 01:09:50,840 Speaker 23: around the world at the moment, the headwinds, I mean, 1491 01:09:51,160 --> 01:09:53,720 Speaker 23: we are although people aren't feeling it, and we fully 1492 01:09:53,760 --> 01:09:56,639 Speaker 23: acknowledge that we are pulling ourselves out of the economic 1493 01:09:56,720 --> 01:09:58,880 Speaker 23: mess that these guys that the previous government put us in. 1494 01:09:59,320 --> 01:10:02,559 Speaker 23: The previous guy got no plan other than to text 1495 01:10:02,600 --> 01:10:06,559 Speaker 23: people more. He's actually doing. He's actually doing a really 1496 01:10:06,680 --> 01:10:07,719 Speaker 23: good kind. 1497 01:10:07,600 --> 01:10:09,240 Speaker 22: Of waited in there as well. I thought I read 1498 01:10:09,280 --> 01:10:11,400 Speaker 22: something that was both a good Fellow and Sylvia both 1499 01:10:11,439 --> 01:10:13,000 Speaker 22: saying stuff that he's not that popular. 1500 01:10:15,479 --> 01:10:19,120 Speaker 9: That's that's complete rubbish. Neither of them are said there. 1501 01:10:22,640 --> 01:10:23,080 Speaker 22: He is going. 1502 01:10:23,600 --> 01:10:24,000 Speaker 1: Let me just know. 1503 01:10:24,479 --> 01:10:26,400 Speaker 22: It was more. It was just making the point there 1504 01:10:26,960 --> 01:10:29,640 Speaker 22: that is, popularity isn't strong and trying to be. 1505 01:10:30,000 --> 01:10:32,479 Speaker 2: When when you've got to tell people Mark My point 1506 01:10:32,600 --> 01:10:35,320 Speaker 2: is this, when you've got to tell people something that 1507 01:10:35,439 --> 01:10:38,280 Speaker 2: should be obvious, you've got a problem. Is the issue. 1508 01:10:38,360 --> 01:10:41,040 Speaker 2: It's like saying, look, Hosking really is a nice guy. Now, 1509 01:10:41,080 --> 01:10:47,080 Speaker 2: no one believes that a lot of people that. 1510 01:10:52,960 --> 01:10:53,160 Speaker 9: Yeah. 1511 01:10:54,560 --> 01:10:56,840 Speaker 23: Sorry, all I was going to say is, look, I've 1512 01:10:56,880 --> 01:10:59,240 Speaker 23: been lucky in my lifetime to have worked some really 1513 01:10:59,439 --> 01:11:07,040 Speaker 23: good leaders and as anity like you said, Jenny, let 1514 01:11:07,080 --> 01:11:10,240 Speaker 23: me finish please, I've been really lucky to whip some 1515 01:11:10,320 --> 01:11:13,559 Speaker 23: great leaders. I'm telling you now, Chris pha Luxon as 1516 01:11:13,600 --> 01:11:16,680 Speaker 23: a minister is without a doubt a great leader, and 1517 01:11:17,520 --> 01:11:20,040 Speaker 23: he empers he powers his ministers up. But I will 1518 01:11:20,120 --> 01:11:23,240 Speaker 23: say this, he expects you to deliver results for the country. 1519 01:11:23,800 --> 01:11:25,920 Speaker 23: We're here delivered results of the country, and if we don't, 1520 01:11:26,240 --> 01:11:28,479 Speaker 23: then there's some serious conversations exactly. 1521 01:11:28,520 --> 01:11:30,760 Speaker 22: And that's what's happening right now, some serious conversations. 1522 01:11:30,920 --> 01:11:33,479 Speaker 2: Yes, and that's what let me have this on this 1523 01:11:33,720 --> 01:11:35,760 Speaker 2: for you, Jenny. And it's not a personal thing. I'm 1524 01:11:35,800 --> 01:11:37,960 Speaker 2: just interested in Megan Woods giving up her listen seat. 1525 01:11:38,000 --> 01:11:40,160 Speaker 2: Does that work from home vibes? Is that like can't 1526 01:11:40,200 --> 01:11:42,600 Speaker 2: be bothered? Is that just lazy politics? Why would you 1527 01:11:42,640 --> 01:11:44,559 Speaker 2: want to just sit there being on the list if 1528 01:11:44,600 --> 01:11:46,720 Speaker 2: you can be in an electric well, I. 1529 01:11:46,760 --> 01:11:51,760 Speaker 22: Think a situation, if we're in a situation where we're 1530 01:11:51,800 --> 01:11:54,880 Speaker 22: forming government, someone like Meghan, who's her great experience, will 1531 01:11:54,920 --> 01:11:58,320 Speaker 22: be critical. You don't know that we're on top of everything. No, 1532 01:11:58,439 --> 01:12:00,200 Speaker 22: we don't know that. But she's put herself in a 1533 01:12:00,240 --> 01:12:02,639 Speaker 22: position where she doesn't want to commit to our whole 1534 01:12:02,760 --> 01:12:06,200 Speaker 22: six years of being an electorate seats. She's thinking, you know, 1535 01:12:06,400 --> 01:12:09,360 Speaker 22: obviously she's got some other plans, but she's committed. 1536 01:12:09,120 --> 01:12:09,920 Speaker 9: To the. 1537 01:12:12,640 --> 01:12:15,280 Speaker 22: Well. She wants to give to someone else the opportunity 1538 01:12:15,400 --> 01:12:18,599 Speaker 22: to take to take Wigram and I think good honor 1539 01:12:18,840 --> 01:12:21,320 Speaker 22: she's being able to do that. It's not been an 1540 01:12:21,360 --> 01:12:24,360 Speaker 22: easy decision, but I think enabling someone else to come 1541 01:12:24,479 --> 01:12:26,960 Speaker 22: up through the party to give a clear message, I 1542 01:12:27,040 --> 01:12:27,839 Speaker 22: think that's important. 1543 01:12:29,439 --> 01:12:32,120 Speaker 2: You and you're in Asia Mark with your Are you 1544 01:12:32,280 --> 01:12:34,760 Speaker 2: out pounding through the jungles. 1545 01:12:36,080 --> 01:12:39,000 Speaker 22: Spear fishing on your private island. 1546 01:12:40,400 --> 01:12:45,040 Speaker 9: Of Bali doing some spear fishing yet? So back on Sunday. 1547 01:12:46,400 --> 01:12:48,479 Speaker 2: And what are you doing, Ginny? Have you come to 1548 01:12:48,520 --> 01:12:49,799 Speaker 2: Auckland to visit the CBD. 1549 01:12:50,840 --> 01:12:56,040 Speaker 22: I am visiting construction companies. I've visited three different constructions. 1550 01:12:56,080 --> 01:12:57,000 Speaker 2: Were they doing anything. 1551 01:12:58,439 --> 01:12:58,559 Speaker 7: Well? 1552 01:12:58,600 --> 01:13:02,679 Speaker 22: Simplicity by the out by the racecourse, they're doing amazing work, 1553 01:13:03,120 --> 01:13:05,160 Speaker 22: the same stuffs and simplicity out their eddings. 1554 01:13:05,320 --> 01:13:07,920 Speaker 9: They are doing amazing work because works don't come. 1555 01:13:07,880 --> 01:13:16,040 Speaker 22: On you talking about set up by Michael Cullens. They're responsible, 1556 01:13:16,080 --> 01:13:18,680 Speaker 22: that's true, you are, That's what simplicity is. 1557 01:13:19,880 --> 01:13:20,400 Speaker 18: Outcomes. 1558 01:13:22,280 --> 01:13:22,960 Speaker 2: Yeah, that's right. 1559 01:13:23,200 --> 01:13:26,080 Speaker 22: Good, But eighteen thousand leaving the country is a we've 1560 01:13:26,160 --> 01:13:27,559 Speaker 22: lost significantly all right. 1561 01:13:27,600 --> 01:13:29,320 Speaker 2: You two, you too, you two have a good use 1562 01:13:29,960 --> 01:13:32,040 Speaker 2: for a good time and we'll sit you next Wednesday. 1563 01:13:32,280 --> 01:13:33,280 Speaker 2: It's a twenty two. 1564 01:13:34,120 --> 01:13:38,800 Speaker 1: The Mike Asking Breakfast with Veda Retirement Communities News TOGSAV. 1565 01:13:39,760 --> 01:13:41,479 Speaker 2: You're looking for the smartest way to boost your homes 1566 01:13:41,640 --> 01:13:43,880 Speaker 2: value in the static market, I've got some news for you. 1567 01:13:43,960 --> 01:13:46,519 Speaker 2: Smartest way to do it You do it kitchens. So 1568 01:13:46,720 --> 01:13:49,519 Speaker 2: for almost fifty years, very proud Keywi company has been 1569 01:13:49,560 --> 01:13:53,479 Speaker 2: helping homeowners create superior quality kitchens incredibly affordable prices. So 1570 01:13:53,560 --> 01:13:56,280 Speaker 2: what makes them so affordable, Well, basically you do the design. 1571 01:13:56,880 --> 01:13:58,679 Speaker 2: So they've got to use your tools, let your customized 1572 01:13:58,720 --> 01:14:01,240 Speaker 2: cabinet science. There's no extra you can choose from over 1573 01:14:01,320 --> 01:14:04,599 Speaker 2: thirty five colors. Then once you have locked into that design, 1574 01:14:04,640 --> 01:14:06,960 Speaker 2: that you do it team. They precision manufacture your kitchen 1575 01:14:07,040 --> 01:14:09,120 Speaker 2: right here in the country and we love that in 1576 01:14:09,280 --> 01:14:11,680 Speaker 2: only seven days. For goodness sake, everything is dispatched to 1577 01:14:11,760 --> 01:14:13,960 Speaker 2: your door. You don't need to be a DIY pro 1578 01:14:14,040 --> 01:14:16,600 Speaker 2: because assembly is easy. The local DIY experts there are 1579 01:14:16,600 --> 01:14:18,479 Speaker 2: only an email away to help you every step of 1580 01:14:18,560 --> 01:14:21,040 Speaker 2: the way. So when the housing markets but flat, strategic 1581 01:14:21,080 --> 01:14:23,760 Speaker 2: improvements are your best investments to get that kitchen you 1582 01:14:23,840 --> 01:14:26,439 Speaker 2: want add real value to your house, say thousands in 1583 01:14:26,479 --> 01:14:28,320 Speaker 2: the process search you do it, you d. 1584 01:14:30,320 --> 01:14:30,840 Speaker 1: You do it? 1585 01:14:31,520 --> 01:14:34,200 Speaker 2: Their customers probably say, of course I did it myself. 1586 01:14:34,760 --> 01:14:36,640 Speaker 2: Thank god of this, Genny. What's wrong with having a 1587 01:14:36,720 --> 01:14:38,760 Speaker 2: goal ie have to get fifty percent to pass? Not 1588 01:14:38,840 --> 01:14:41,000 Speaker 2: everyone will pass, and that actually doesn't mean they're toast. 1589 01:14:41,160 --> 01:14:43,639 Speaker 2: And it's true, I think, getting back to this, you've 1590 01:14:43,640 --> 01:14:46,160 Speaker 2: got to fail in life to understand the value of success, 1591 01:14:46,400 --> 01:14:49,439 Speaker 2: don't you. If you've never failed, you've never understood success 1592 01:14:49,479 --> 01:14:52,120 Speaker 2: and you've never understood life. We shouldn't actually care of 1593 01:14:52,200 --> 01:14:54,360 Speaker 2: lux and Mike is popular. He is leading a team 1594 01:14:54,439 --> 01:14:57,200 Speaker 2: expecting excellence from ministers. We had a popular leader who 1595 01:14:57,280 --> 01:14:59,120 Speaker 2: led us to the brink of disaster then scurried out 1596 01:14:59,120 --> 01:15:02,439 Speaker 2: the back door. Tony, very very good point. But it's 1597 01:15:02,560 --> 01:15:06,120 Speaker 2: not how politics works. I wish it did, but it doesn't, 1598 01:15:06,240 --> 01:15:08,200 Speaker 2: and you've got to deal it. By the way, yesterday 1599 01:15:08,600 --> 01:15:11,120 Speaker 2: the Mighty D's the Melbourne Demons, the AFL I followed it. 1600 01:15:11,200 --> 01:15:13,000 Speaker 2: Of the AFL. I love the Mighty D's anyway, they 1601 01:15:13,040 --> 01:15:15,560 Speaker 2: sacked their coach, so the SCAN I don't know the 1602 01:15:15,600 --> 01:15:17,519 Speaker 2: suit place is remotely interested in that, but I was 1603 01:15:17,640 --> 01:15:20,200 Speaker 2: moderately and he's in Melbourne and so I might ask 1604 01:15:20,320 --> 01:15:23,200 Speaker 2: him about that in other matches in Australia, but moments away. 1605 01:15:23,439 --> 01:15:25,120 Speaker 2: Next on News DOGSB. 1606 01:15:27,360 --> 01:15:30,439 Speaker 1: The only report you need to start your day, the 1607 01:15:30,680 --> 01:15:35,439 Speaker 1: my Casting Breakfast with a Vida, Retirement, Communities, Life Your Way, 1608 01:15:35,640 --> 01:15:36,519 Speaker 1: News Togs, Dead. 1609 01:15:36,400 --> 01:15:39,439 Speaker 2: B Mike, the popularity of Luxe and concerns me and 1610 01:15:39,520 --> 01:15:41,360 Speaker 2: the rising costs. So I fear the coalition will be 1611 01:15:41,439 --> 01:15:43,400 Speaker 2: voted out on this basis and we'll be right back 1612 01:15:43,439 --> 01:15:45,719 Speaker 2: in the you know what again, I'll call the election 1613 01:15:46,240 --> 01:15:48,800 Speaker 2: right now. They will get a second term. 1614 01:15:48,920 --> 01:15:49,120 Speaker 7: Of that. 1615 01:15:49,280 --> 01:15:52,760 Speaker 2: I'm absolutely convinced. Short of the usual caveats, like you know, 1616 01:15:52,840 --> 01:15:55,400 Speaker 2: if somebody turns out to be you know, advent and 1617 01:15:55,520 --> 01:15:58,800 Speaker 2: the scandal and the one party collapses or they all 1618 01:15:58,880 --> 01:16:01,720 Speaker 2: start and play against what, beating each other up. I 1619 01:16:01,760 --> 01:16:04,000 Speaker 2: can't can't reveal it at this particular point in time, 1620 01:16:04,360 --> 01:16:08,200 Speaker 2: but all things being equal, the economy will be not great, 1621 01:16:08,280 --> 01:16:12,719 Speaker 2: but it'll be It'll be enough. History tells us governments 1622 01:16:12,760 --> 01:16:16,479 Speaker 2: get two terms. These three parties broadly speaking, got on 1623 01:16:16,600 --> 01:16:19,040 Speaker 2: recentably well together. And the key to this is this, 1624 01:16:19,680 --> 01:16:24,880 Speaker 2: as long as Hipkins, Woods, et cetera, Sepaloni are still there, 1625 01:16:26,160 --> 01:16:28,880 Speaker 2: the distance between what they did to this country and 1626 01:16:28,960 --> 01:16:31,720 Speaker 2: the fact they'll do it again is still not large 1627 01:16:31,800 --> 01:16:34,800 Speaker 2: enough for enough people to have forgotten. And on that 1628 01:16:35,040 --> 01:16:38,519 Speaker 2: basis alone, the government will be re elected. Remember where 1629 01:16:38,560 --> 01:16:40,280 Speaker 2: you heard it first, twenty two minutes away from. 1630 01:16:40,200 --> 01:16:44,320 Speaker 16: Line International correspondence with Ends and Eye Insurance, peace of 1631 01:16:44,400 --> 01:16:45,680 Speaker 16: mind for New Zealand. 1632 01:16:45,400 --> 01:16:48,639 Speaker 2: Business right Australia through Price Morning to you Caday, Good 1633 01:16:48,680 --> 01:16:51,439 Speaker 2: morning now. It was Mitsubishi. Wasn't its Mitsubishi going to build. 1634 01:16:51,280 --> 01:16:55,960 Speaker 14: Them Mitsubishi Heavy Industry in Japan. And this is the 1635 01:16:56,040 --> 01:16:59,599 Speaker 14: first real defense sale that Japan has made since World 1636 01:16:59,640 --> 01:17:03,240 Speaker 14: War Two. As we all know, after the World War, 1637 01:17:03,400 --> 01:17:06,679 Speaker 14: After World War two, Finish, Japan basically was not allowed 1638 01:17:06,720 --> 01:17:09,360 Speaker 14: to have a military and America around the joint but 1639 01:17:09,640 --> 01:17:12,679 Speaker 14: they have quite a military build up over the last 1640 01:17:12,720 --> 01:17:16,120 Speaker 14: few years. And Australia is going to buy ten of 1641 01:17:16,240 --> 01:17:20,720 Speaker 14: the ten billion dollars worth of eleven frigates. There was 1642 01:17:20,760 --> 01:17:22,960 Speaker 14: a battle going on between Japan and Germany as to 1643 01:17:23,000 --> 01:17:25,800 Speaker 14: who would provide us with these things. Japan has won 1644 01:17:25,880 --> 01:17:28,360 Speaker 14: that contract. They will build the first three of them 1645 01:17:28,920 --> 01:17:31,720 Speaker 14: in Japan, which is good news because when Australia tries 1646 01:17:31,760 --> 01:17:35,120 Speaker 14: to build things like ships, it takes forever it costs 1647 01:17:35,120 --> 01:17:37,800 Speaker 14: a lot of money and never runs on time. You 1648 01:17:37,880 --> 01:17:41,240 Speaker 14: con bet the Japanese, as we know, they will do it. 1649 01:17:41,360 --> 01:17:43,920 Speaker 14: They will build them and we'll get them, so that's 1650 01:17:44,000 --> 01:17:45,640 Speaker 14: a good part of the deal. The rest of them 1651 01:17:45,640 --> 01:17:47,600 Speaker 14: are supposed to be built at a joint called the 1652 01:17:47,680 --> 01:17:50,840 Speaker 14: Henderson Shipyard in Wa but that's not even yet ready 1653 01:17:50,880 --> 01:17:53,639 Speaker 14: to start building them, and it may not be ready 1654 01:17:53,680 --> 01:17:56,760 Speaker 14: in time. So we'll get three. They've got thirty six 1655 01:17:56,920 --> 01:18:00,519 Speaker 14: what they call vertical tubes on board these frigates, which 1656 01:18:00,520 --> 01:18:04,400 Speaker 14: means I can find missiles and so Australia belatedly is 1657 01:18:04,479 --> 01:18:07,560 Speaker 14: trying to get it. So it'sack together to try and 1658 01:18:07,600 --> 01:18:10,760 Speaker 14: get enough military hardware to use if we have a 1659 01:18:10,840 --> 01:18:11,719 Speaker 14: problem in the region. 1660 01:18:11,880 --> 01:18:14,519 Speaker 2: I noted that Mitsubishi Eavy Industry has popped a bit 1661 01:18:14,560 --> 01:18:16,240 Speaker 2: on the shipmaker yesterday, so it was a big deal 1662 01:18:16,280 --> 01:18:19,200 Speaker 2: for them as well. This big business and just cinder 1663 01:18:19,280 --> 01:18:21,280 Speaker 2: Ellen and the working from home idea. See here's the 1664 01:18:21,360 --> 01:18:24,160 Speaker 2: interesting thing. I suppose if you're just inter Ellen, the 1665 01:18:24,280 --> 01:18:26,760 Speaker 2: top end of town as you call it in Australia, 1666 01:18:27,080 --> 01:18:29,759 Speaker 2: do you sweat that or do you know you've probably 1667 01:18:29,800 --> 01:18:31,680 Speaker 2: got the people on your side. Given everyone loves a 1668 01:18:31,720 --> 01:18:33,679 Speaker 2: little bit of Wednesday and Thursday at home. 1669 01:18:34,320 --> 01:18:36,400 Speaker 14: Probably the latter given what it did during the federal 1670 01:18:36,439 --> 01:18:40,080 Speaker 14: election campaign. You might remember Petter Dupp and said he 1671 01:18:40,240 --> 01:18:42,439 Speaker 14: was going to cancel work from home, and then they 1672 01:18:42,640 --> 01:18:45,880 Speaker 14: later turned that into an election weapon. Just Cinder Allen 1673 01:18:45,920 --> 01:18:48,000 Speaker 14: wants to legislate it now. As I mentioned to you 1674 01:18:48,960 --> 01:18:51,160 Speaker 14: earlier in the week, I mean, the problem is to 1675 01:18:51,240 --> 01:18:55,040 Speaker 14: federal legislation overright state. But she's going ahead anyway. Today 1676 01:18:55,200 --> 01:18:58,400 Speaker 14: to businessman Tim Gerner, who's a major property developer in Velvet, 1677 01:18:59,320 --> 01:19:02,040 Speaker 14: and Graham Turner who runs flight Center, the well known 1678 01:19:02,160 --> 01:19:05,519 Speaker 14: travel company, they have said, you've got to stop meddling 1679 01:19:05,560 --> 01:19:07,720 Speaker 14: in business. You've got to stop telling a soup and 1680 01:19:07,840 --> 01:19:11,240 Speaker 14: work where and when you've got You've got no right 1681 01:19:11,360 --> 01:19:13,680 Speaker 14: to do that. One of the other interesting things that 1682 01:19:13,840 --> 01:19:16,920 Speaker 14: came up when this discussion started to be had, there's 1683 01:19:16,960 --> 01:19:21,479 Speaker 14: a little community on the River Murray which borders New 1684 01:19:21,560 --> 01:19:24,320 Speaker 14: South Wales and Victoria. It's called Albury Wodonga, quite a 1685 01:19:24,320 --> 01:19:27,400 Speaker 14: big center. Wadonga's on the Victorian side, Aubrey's on the 1686 01:19:27,439 --> 01:19:30,679 Speaker 14: New South Wales side. So this ever happened, every business 1687 01:19:30,720 --> 01:19:33,080 Speaker 14: in Madonga is going to go north over the river 1688 01:19:33,200 --> 01:19:35,519 Speaker 14: and say, well, I'm not having two people people working 1689 01:19:35,560 --> 01:19:36,519 Speaker 14: from home two days a week. 1690 01:19:36,600 --> 01:19:37,080 Speaker 7: See you later. 1691 01:19:37,760 --> 01:19:39,760 Speaker 2: What's the suburb going to be called this new one. 1692 01:19:41,439 --> 01:19:43,880 Speaker 14: It's called Beveridge Northwest. 1693 01:19:44,080 --> 01:19:47,360 Speaker 2: Would you like to look who came. 1694 01:19:47,280 --> 01:19:47,840 Speaker 9: Up with that? 1695 01:19:48,960 --> 01:19:55,720 Speaker 14: Well, some council officially Beveridge Northwest. Now just picture this. 1696 01:19:56,880 --> 01:19:59,639 Speaker 14: You're going to be forty kilometers north of Melbourne, which 1697 01:19:59,800 --> 01:20:03,040 Speaker 14: in the summer. This is alongside the Hume Highway, which 1698 01:20:03,080 --> 01:20:06,120 Speaker 14: is the main road that goes from Melbourne Sydney currently Farmland. 1699 01:20:07,040 --> 01:20:09,240 Speaker 14: You're going to be there in summer when it's probably 1700 01:20:09,320 --> 01:20:13,120 Speaker 14: about forty two degrees. There's going to be forty seven 1701 01:20:13,240 --> 01:20:17,360 Speaker 14: thousand other people with you, living in fifteen thousand homes 1702 01:20:17,479 --> 01:20:18,840 Speaker 14: built cheek to jowl. 1703 01:20:20,040 --> 01:20:20,720 Speaker 9: And guess what. 1704 01:20:21,000 --> 01:20:24,360 Speaker 14: They've also going to open a new quarry there to 1705 01:20:24,479 --> 01:20:27,000 Speaker 14: get the materials to build the houses. 1706 01:20:28,479 --> 01:20:30,000 Speaker 7: It's going a bit disaster. 1707 01:20:30,120 --> 01:20:34,040 Speaker 14: It's going to have eight schools and forest town centers. Look, 1708 01:20:34,200 --> 01:20:38,000 Speaker 14: we need more housing. Yes, I don't think spreading out 1709 01:20:38,080 --> 01:20:41,720 Speaker 14: in Farmland forty kilometers from the city without even a 1710 01:20:41,880 --> 01:20:44,759 Speaker 14: sensible popper train line is the way. 1711 01:20:44,680 --> 01:20:48,760 Speaker 2: To go unreal. This grub Gareth Ward is fascinating. So 1712 01:20:48,920 --> 01:20:51,320 Speaker 2: the last I heard yesterday was the Government's going to 1713 01:20:51,360 --> 01:20:54,479 Speaker 2: have to go to court on this. Here they are. 1714 01:20:54,600 --> 01:21:00,760 Speaker 14: Because there is the Parliament itself. Caite bizarrely can't back anybody. 1715 01:21:00,880 --> 01:21:03,040 Speaker 14: I mean, because of our party system. You're either in 1716 01:21:03,120 --> 01:21:05,640 Speaker 14: the party or you're not. He's not. He's an independent. 1717 01:21:05,920 --> 01:21:07,880 Speaker 14: The only way you can get him out is by 1718 01:21:07,960 --> 01:21:11,719 Speaker 14: court order. This blog has been charged with serious offenses, 1719 01:21:11,760 --> 01:21:15,120 Speaker 14: including the rape. He's not yet been sentenced. He's today 1720 01:21:15,320 --> 01:21:17,920 Speaker 14: while you and I talking, he's laying in his prison 1721 01:21:18,040 --> 01:21:21,680 Speaker 14: Colt inside silver Water Jail. And what he wants is 1722 01:21:21,800 --> 01:21:25,560 Speaker 14: to retain his position as an independent member of the 1723 01:21:25,680 --> 01:21:29,040 Speaker 14: new South Wales Parliament, which means he still gets paid. 1724 01:21:29,120 --> 01:21:33,320 Speaker 14: Of course, without that job he gets no money. It 1725 01:21:33,439 --> 01:21:37,400 Speaker 14: seems bizarre that the parliament can't boot someone out facing 1726 01:21:37,439 --> 01:21:40,920 Speaker 14: those we're not facing serious charges. He's been found guilty and. 1727 01:21:42,760 --> 01:21:45,160 Speaker 2: In this country it's two years jail or more that 1728 01:21:45,360 --> 01:21:46,160 Speaker 2: it's automatic. 1729 01:21:47,360 --> 01:21:51,200 Speaker 14: Yeah, absolutely, and so I just don't quite get why 1730 01:21:51,680 --> 01:21:53,880 Speaker 14: he can't be thrown out. The Premier of Chris Min's 1731 01:21:53,960 --> 01:21:58,360 Speaker 14: very frustrated by it. You would think everyone in Parliament 1732 01:21:58,400 --> 01:22:00,639 Speaker 14: would put their hand up when asked the question should 1733 01:22:00,640 --> 01:22:01,559 Speaker 14: we get rid of this book? 1734 01:22:01,640 --> 01:22:04,880 Speaker 2: Yeah, exactly. Hey, two Melbourne related questions. I don't even 1735 01:22:05,000 --> 01:22:07,280 Speaker 2: know if you know the answer to either. I follow 1736 01:22:07,320 --> 01:22:09,920 Speaker 2: the d's, the mighty d's. Yesterday they sacked the coach. 1737 01:22:10,160 --> 01:22:12,479 Speaker 2: Why what's it just because they're a bit useless this year? 1738 01:22:13,800 --> 01:22:16,920 Speaker 14: Well not just this year. They won the COVID flag 1739 01:22:17,080 --> 01:22:19,080 Speaker 14: in twenty twenty one in Wa. 1740 01:22:19,360 --> 01:22:20,839 Speaker 7: Yes, they have not been much. 1741 01:22:20,720 --> 01:22:24,599 Speaker 14: Good since the culture at the place seems on the rocks. 1742 01:22:24,640 --> 01:22:28,200 Speaker 14: And why anyone without a strong allegiance to Melbourne would 1743 01:22:28,240 --> 01:22:32,200 Speaker 14: barrack for them like you are is completely beyond me. 1744 01:22:32,400 --> 01:22:35,040 Speaker 14: But nevertheless, yeap, next. 1745 01:22:34,960 --> 01:22:39,240 Speaker 2: Question because my dad anyway, More importantly, did you ever 1746 01:22:39,360 --> 01:22:41,920 Speaker 2: go to eighteen hundred Lasagna? Do you know what eighteen 1747 01:22:42,000 --> 01:22:42,960 Speaker 2: hundred lasagna is? 1748 01:22:44,080 --> 01:22:44,120 Speaker 7: No? 1749 01:22:45,040 --> 01:22:47,280 Speaker 14: I know Jamie Oliver went there once, but I haven't. 1750 01:22:47,479 --> 01:22:47,639 Speaker 1: Right. 1751 01:22:47,760 --> 01:22:51,640 Speaker 2: So, anyway, his business has gone into receivership. And he 1752 01:22:51,800 --> 01:22:54,400 Speaker 2: was the hottest thing. So what's happened? He was a 1753 01:22:54,479 --> 01:22:57,439 Speaker 2: COVID thing and everyone started eating lasagna in Melbourne. Now 1754 01:22:57,479 --> 01:23:00,760 Speaker 2: he's gone into receivership. He got a hat Zoship's house. 1755 01:23:01,439 --> 01:23:05,320 Speaker 14: Hospitality in this country is in a huge trouble because 1756 01:23:06,040 --> 01:23:08,240 Speaker 14: you can't afford to pay people the wages that they 1757 01:23:08,439 --> 01:23:11,120 Speaker 14: demand Over time, people are not going out as much 1758 01:23:11,160 --> 01:23:14,400 Speaker 14: all of the above. I don't think it was the 1759 01:23:14,560 --> 01:23:15,400 Speaker 14: Lazanna any good. 1760 01:23:15,640 --> 01:23:17,760 Speaker 2: Well, the people seem to like it for a while 1761 01:23:17,840 --> 01:23:19,800 Speaker 2: there in Thornberry. Is that a nice suburb? Is that 1762 01:23:20,040 --> 01:23:22,000 Speaker 2: like Northwest Beverage or wherever the hell. 1763 01:23:21,920 --> 01:23:24,640 Speaker 14: It was in a North Greenies riding bikes. 1764 01:23:24,479 --> 01:23:29,320 Speaker 2: In all that stuff. See you next week, mate, So 1765 01:23:29,560 --> 01:23:34,920 Speaker 2: Melbourne's iconic lauzanigna destination? Can you say that? Eighteen hundred 1766 01:23:35,240 --> 01:23:39,400 Speaker 2: entered the administration? So Joey Kellock. He began with a 1767 01:23:39,439 --> 01:23:43,080 Speaker 2: home delivery service during COVID, everyone went, oh Lasagnia and COVID, 1768 01:23:43,200 --> 01:23:46,439 Speaker 2: isn't it just absolutely lovely? Then he opened up a restaurant. 1769 01:23:46,520 --> 01:23:49,000 Speaker 2: More importantly, he got a hat, so instead of Michelin, 1770 01:23:49,040 --> 01:23:50,519 Speaker 2: stars in Australia get a hat, and he had a 1771 01:23:50,640 --> 01:23:53,360 Speaker 2: chef's hat just a couple of years ago. With the 1772 01:23:53,479 --> 01:23:55,840 Speaker 2: comment from the people at the Good Food Guide, there 1773 01:23:55,960 --> 01:24:00,599 Speaker 2: is simply nothing about it not to love. But clearly 1774 01:24:00,640 --> 01:24:03,599 Speaker 2: they've worked out there is and here's an administration eight 1775 01:24:03,680 --> 01:24:05,680 Speaker 2: forty five The. 1776 01:24:05,920 --> 01:24:10,160 Speaker 1: Like Asking Breakfast Fall Show podcast on iHeartRadio powered by 1777 01:24:10,240 --> 01:24:10,880 Speaker 1: News Talks, A. 1778 01:24:10,960 --> 01:24:14,280 Speaker 2: B twelve away from nine dodgy survey of the day. 1779 01:24:14,400 --> 01:24:18,080 Speaker 2: This is the pharmacy So the pharmaceuticals lobby group Medicines 1780 01:24:18,120 --> 01:24:22,639 Speaker 2: New Zealand have done the survey. They represent and lobby 1781 01:24:22,720 --> 01:24:25,479 Speaker 2: on behalf of their members names like Pirezer, murk, MSD 1782 01:24:25,640 --> 01:24:29,439 Speaker 2: roach as presentic you know the names. Anyway, they got 1783 01:24:29,479 --> 01:24:33,160 Speaker 2: a market research company called Perceptive online survey nine hundred 1784 01:24:33,160 --> 01:24:35,559 Speaker 2: and ninety two of us between May and June. Results 1785 01:24:35,560 --> 01:24:38,200 Speaker 2: will waited apparently to give representative samples of the population. 1786 01:24:38,800 --> 01:24:42,160 Speaker 2: So forty three percent. So the government should be funding 1787 01:24:42,240 --> 01:24:46,400 Speaker 2: medicines much more, quote unquote much more thirty one percent, 1788 01:24:46,640 --> 01:24:49,800 Speaker 2: a little bit more than the rest at about the 1789 01:24:49,840 --> 01:24:53,040 Speaker 2: same or less. Half of those surveyed believe New Zealand's 1790 01:24:53,040 --> 01:24:55,799 Speaker 2: access to modern medicines is worse than in other developed countries. 1791 01:24:55,840 --> 01:24:58,200 Speaker 2: I'll come back to that. Asked how much of an 1792 01:24:58,240 --> 01:25:00,920 Speaker 2: increase in funding would infl So it's your vote. So 1793 01:25:00,960 --> 01:25:02,519 Speaker 2: what they're trying to do is twist some arms here. 1794 01:25:02,560 --> 01:25:04,200 Speaker 2: They're trying to put the pressure on the government, which 1795 01:25:04,200 --> 01:25:06,800 Speaker 2: is what lobbyists do. Of course. I asked how much 1796 01:25:07,040 --> 01:25:09,400 Speaker 2: an increase in funding would influence your vote? Eleven percent 1797 01:25:09,439 --> 01:25:12,560 Speaker 2: said extremely, What does that mean? What is extremely for 1798 01:25:12,640 --> 01:25:16,360 Speaker 2: goodness sake, twenty five percent, very much, thirty five percent, moderately, 1799 01:25:16,400 --> 01:25:18,720 Speaker 2: eighteen percent, slightly, ten percent not at all. So what 1800 01:25:18,800 --> 01:25:20,600 Speaker 2: they're trying to do is say, how about you know 1801 01:25:20,760 --> 01:25:23,639 Speaker 2: you spend more money on more pills and potions. It's 1802 01:25:23,760 --> 01:25:25,880 Speaker 2: like asking for a sunny day. It's like asking for 1803 01:25:25,960 --> 01:25:28,599 Speaker 2: a pay rise. It's like asking to be better looking. 1804 01:25:28,720 --> 01:25:30,000 Speaker 2: You know, would you like to be better looking? 1805 01:25:30,040 --> 01:25:30,160 Speaker 3: You know? 1806 01:25:30,240 --> 01:25:33,599 Speaker 2: Eighty seven percent of people said yes. So the business 1807 01:25:33,640 --> 01:25:36,080 Speaker 2: of half those surveyed believe New Zealand's access to modern 1808 01:25:36,120 --> 01:25:38,640 Speaker 2: medicines is worse than other developed countries. Well, so what 1809 01:25:39,479 --> 01:25:41,479 Speaker 2: do you know that? No, you don't. You're guessing you 1810 01:25:41,479 --> 01:25:44,000 Speaker 2: wouldn't have a clue if the next question would be, oh, 1811 01:25:44,120 --> 01:25:46,479 Speaker 2: do you think we're worse off than other countries? Name four? 1812 01:25:46,760 --> 01:25:49,560 Speaker 2: And you can't, So what a waste of time. So 1813 01:25:49,760 --> 01:25:53,240 Speaker 2: presumably your MSD, eroches, your asprasenticas and stuff, pay money 1814 01:25:53,280 --> 01:25:55,600 Speaker 2: to the Medicines Lobby group or whoever the hell they 1815 01:25:55,680 --> 01:25:59,679 Speaker 2: are to go, give more money to the research company 1816 01:25:59,760 --> 01:26:04,479 Speaker 2: to come up with this. That's lobbying. Basically, that's just 1817 01:26:04,560 --> 01:26:08,160 Speaker 2: a good overt look at lobbying and obviously another example 1818 01:26:08,200 --> 01:26:10,799 Speaker 2: of why really you've got to be very very careful 1819 01:26:10,800 --> 01:26:12,559 Speaker 2: around poles. Ten Away from nine. 1820 01:26:12,880 --> 01:26:16,479 Speaker 1: The Mike Costing, Breakfast with Rainthrow Fern News, Togs, Dead Be. 1821 01:26:16,600 --> 01:26:19,240 Speaker 2: New Zealand, Australia, the Pacific Islands are by some incredibly 1822 01:26:19,280 --> 01:26:22,080 Speaker 2: special waterfront properties right with unique locations. You've got your 1823 01:26:22,200 --> 01:26:25,080 Speaker 2: enviable views, you got the strong connection to nature. Now, 1824 01:26:25,160 --> 01:26:27,519 Speaker 2: owning a waterfront property, that's a dream. It's coveted by 1825 01:26:27,600 --> 01:26:30,200 Speaker 2: many of us, yet attained by very very few, tightly held, 1826 01:26:30,280 --> 01:26:34,560 Speaker 2: generally reluctantly relinquished. A decision to sell a waterfront is 1827 01:26:34,800 --> 01:26:37,800 Speaker 2: well considered, often heartfelt, of course. So for over thirty years, 1828 01:26:37,880 --> 01:26:40,519 Speaker 2: Bailey's and That Waterfront Magazine of This has been the 1829 01:26:40,680 --> 01:26:45,479 Speaker 2: definitive showcase of the most iconic coastal, riverfront and lakeside 1830 01:26:45,520 --> 01:26:48,639 Speaker 2: homes for sale and now features properties from New Zealand, 1831 01:26:48,640 --> 01:26:51,920 Speaker 2: Australia and the Pacific. So Waterfront Magazine a very very 1832 01:26:51,960 --> 01:26:55,040 Speaker 2: powerful reach across luxury channels. It's a proven track record 1833 01:26:55,080 --> 01:26:59,000 Speaker 2: of uncovering the motivated buyers, those who are genuinely, you know, 1834 01:26:59,080 --> 01:27:00,960 Speaker 2: looking for a waterfront proper and they're in a position 1835 01:27:01,040 --> 01:27:03,680 Speaker 2: to do so. Their planning is underweight at the moment. 1836 01:27:03,720 --> 01:27:05,839 Speaker 2: For the twenty five to twenty six issue of Waterfront, 1837 01:27:06,240 --> 01:27:09,240 Speaker 2: it releases over Labor weekend for obvious reasons. It's the time. 1838 01:27:09,840 --> 01:27:11,800 Speaker 2: It's so basically, if you're thinking hang on, could be 1839 01:27:11,800 --> 01:27:13,760 Speaker 2: a bit of me here. If you're thinking maybe of 1840 01:27:13,840 --> 01:27:16,080 Speaker 2: moving on, of selling up, you let Bailey's. You let 1841 01:27:16,160 --> 01:27:19,559 Speaker 2: their specialist waterfront team guide you take your waterfront property 1842 01:27:19,640 --> 01:27:22,920 Speaker 2: beyond the horizon because your home deserves the world's attention. 1843 01:27:23,040 --> 01:27:24,880 Speaker 2: Of course, you can do it all at Bailey's dot 1844 01:27:24,960 --> 01:27:28,160 Speaker 2: co dot nz Ford slash Waterfront, Bailey's dot co dot 1845 01:27:28,280 --> 01:27:31,880 Speaker 2: nz Ford slash Waterfront, or indeed contact your local Bailey's office. 1846 01:27:31,920 --> 01:27:36,160 Speaker 2: No worries licensed are a two thousand and eight asking. 1847 01:27:36,840 --> 01:27:39,040 Speaker 2: They're forming a task force, it has been announced from 1848 01:27:39,080 --> 01:27:41,560 Speaker 2: the White House today they're forming a task force for 1849 01:27:41,640 --> 01:27:46,000 Speaker 2: the twenty twenty eight Summer Olympics in Los Angeles. As 1850 01:27:46,080 --> 01:27:49,720 Speaker 2: they so eloquently, Miss Levitt so eloquently said, sport is 1851 01:27:49,760 --> 01:27:54,360 Speaker 2: one of Presidents Trump's greatest passions, and his athletic expertise, 1852 01:27:57,760 --> 01:28:01,439 Speaker 2: combined with his unmatched hospitality experience, will make these Olympic 1853 01:28:01,520 --> 01:28:07,759 Speaker 2: events the most exciting and memorable in history. It's hard 1854 01:28:07,880 --> 01:28:09,760 Speaker 2: to believe she can say it with a straight face, 1855 01:28:09,840 --> 01:28:12,879 Speaker 2: isn't it. She's good five minutes away from nine. 1856 01:28:13,160 --> 01:28:18,280 Speaker 1: Trending now with chemist ware House savings every day. 1857 01:28:18,439 --> 01:28:20,880 Speaker 2: New movie, probably one of the worst ever New World 1858 01:28:21,680 --> 01:28:25,120 Speaker 2: New War of the worlds. This one stars ice Cube. 1859 01:28:26,160 --> 01:28:29,320 Speaker 2: Now it's a screen movie, and you go, what's a 1860 01:28:29,400 --> 01:28:32,960 Speaker 2: screen movie? Well, it's where everything that's happened happens to 1861 01:28:33,040 --> 01:28:36,800 Speaker 2: ice Cube. He's looking at a screen and he's trying 1862 01:28:36,840 --> 01:28:40,240 Speaker 2: to solve issues from his office by looking at the screen. Now, 1863 01:28:40,400 --> 01:28:43,160 Speaker 2: Rotten Tomatoes, what are they saying? Well, well, zero zero 1864 01:28:43,240 --> 01:28:45,479 Speaker 2: score on Rotten Tomatoes. Here are some of the reviews 1865 01:28:45,640 --> 01:28:47,200 Speaker 2: I love in this movie. 1866 01:28:47,240 --> 01:28:50,200 Speaker 1: He's supposed to be a government computer expert, but. 1867 01:28:50,280 --> 01:28:52,400 Speaker 9: He looks like somebody's grandfather. Will cut the computer on 1868 01:28:52,479 --> 01:28:54,800 Speaker 9: for the first time. Hey boy, I operate this stuf. 1869 01:28:55,680 --> 01:28:59,400 Speaker 15: The worst film I've seen this year, the worst incarnation 1870 01:28:59,640 --> 01:29:04,520 Speaker 15: of war the world and the screen look terrible effects. 1871 01:29:06,439 --> 01:29:09,000 Speaker 1: I just I couldn't believe that this got made. 1872 01:29:09,200 --> 01:29:11,280 Speaker 7: I would rather soft my own penis and eat it 1873 01:29:11,520 --> 01:29:13,519 Speaker 7: rather than rewatching this movie again. 1874 01:29:13,800 --> 01:29:17,640 Speaker 20: I tried as hard as humanly possible to finish this movie. 1875 01:29:17,680 --> 01:29:18,439 Speaker 1: And I couldn't do it. 1876 01:29:18,439 --> 01:29:21,320 Speaker 10: It's that dem bad. 1877 01:29:21,720 --> 01:29:24,240 Speaker 2: What is good? As I got to episode two of 1878 01:29:24,640 --> 01:29:29,120 Speaker 2: Built in Birmingham, Brady and his mate Waggs who bought 1879 01:29:29,160 --> 01:29:33,880 Speaker 2: the football team, it's gripping. It is absolutely gripping. And 1880 01:29:34,080 --> 01:29:36,960 Speaker 2: so it's not about football. Forget about football. It's about life. 1881 01:29:37,080 --> 01:29:40,240 Speaker 2: It's about aspiration, dreams, being brilliant, clever, all that sort 1882 01:29:40,280 --> 01:29:44,479 Speaker 2: of stuff. They played Rixham and so that was interesting 1883 01:29:44,520 --> 01:29:48,600 Speaker 2: for obvious reasons. Mcalanny was there and they sang that. 1884 01:29:48,960 --> 01:29:52,360 Speaker 2: The crowd saying stick you're dead, pull up your ass, 1885 01:29:52,560 --> 01:29:55,920 Speaker 2: up your grass, stick you dead, pull up your grass up. 1886 01:29:56,120 --> 01:29:58,280 Speaker 2: The crowd was singing this. Mcalinny was in the crowd. 1887 01:29:58,320 --> 01:30:01,400 Speaker 2: It was the funniest thing. And they won three one, 1888 01:30:01,760 --> 01:30:04,639 Speaker 2: Boomingham one three one. But the rebuilding of a team 1889 01:30:05,320 --> 01:30:08,200 Speaker 2: and how they're going about it is a fascinating insight 1890 01:30:08,360 --> 01:30:11,120 Speaker 2: into the broad based story of success. And you can 1891 01:30:11,200 --> 01:30:13,320 Speaker 2: see why Brady is the way he is. His mate's 1892 01:30:13,360 --> 01:30:16,760 Speaker 2: more engaging. Wiggs is more engaging. He's the billionaire. But 1893 01:30:17,240 --> 01:30:20,240 Speaker 2: Brady is just a force of nature. And so if 1894 01:30:20,280 --> 01:30:22,240 Speaker 2: you haven't got onto that, you've got amazon time. And 1895 01:30:22,240 --> 01:30:24,439 Speaker 2: then there's probably something that bit better than ice. Acute 1896 01:30:24,439 --> 01:30:26,920 Speaker 2: place's moving you can get into if you got got 1897 01:30:26,960 --> 01:30:30,120 Speaker 2: some spare time. Back tomorrow morning from six Happy Days. 1898 01:30:32,000 --> 01:30:34,880 Speaker 1: For more from the mic Asking breakfast, listen live to 1899 01:30:35,000 --> 01:30:38,040 Speaker 1: news talks. It'd be from six am weekdays, or follow 1900 01:30:38,120 --> 01:30:39,640 Speaker 1: the podcast on iHeartRadio