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Speaker 1: Your source of breaking news, challenging opinion and honored fackt

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Speaker 1: the Mike Hosking Breakfast with a Vita Retirement Communities, Life

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Speaker 1: Your Way news togs.

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Speaker 2: He had been body and welcome today for New Zealand Market,

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Speaker 2: who opened for the first time since Saturday's bloodbath.

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Speaker 3: In New York.

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Speaker 2: We've got new rules again around Granny Flats, new data

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Speaker 2: on our shopping habits on Timu and shine PM is in.

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Speaker 2: Our lads are in the country box after eight o'clock.

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Speaker 2: Of course, Steve Price would be Australian election update.

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Speaker 3: That we've got new polling there.

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Speaker 2: Richard Arnold stateside psyccome for the week seven past six.

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Speaker 2: Now here's the problem with what happens Saturday, our time.

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Speaker 2: No one really saw the Trump blitzkrig coming, and those

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Speaker 2: who know what they're talking about still don't understand it

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Speaker 2: and can't explain it. But they thought would happen, didn't.

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Speaker 2: It was supposed to be a countermeasure. If you tarif

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Speaker 2: us twenty percent, we'll match you at twenty percent. Except

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Speaker 2: that's not what happened. Countries were America's on the right

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Speaker 2: side of the Ledger got whacked. Australia countries with true

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Speaker 2: fear trade a balanced portfolio got whacked New Zealand, countries

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Speaker 2: who dropped their tariffs whacked Israel and Vietnam. It might

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Speaker 2: might be a game freak the world out negotiated away,

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Speaker 2: or it might might be the biggest political risk and

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Speaker 2: economic cockup of the modern age. Certainly, the markets didn't

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Speaker 2: like it, and if you think that doesn't scare people,

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Speaker 2: you don't understand humanity. Even bright people like Marco Rubio

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Speaker 2: have been unable to mount a cogent response to it.

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Speaker 3: All.

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Speaker 2: The idea that the whole world will down tools, pack

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Speaker 2: up shot, move to America to begin a new golden

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Speaker 2: age in utopia is fascical. On Shoring is what it's called.

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Speaker 2: And some may expand or invest, but the vast majority

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Speaker 2: can't and won't. Nike and Vietnam isn't suddenly making shoes Idaho,

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Speaker 2: because if they did, you couldn't afford them. And that's

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Speaker 2: the simple truth of business and trade and borders and market.

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Speaker 2: Some people make stuff on volume and price, and you

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Speaker 2: don't do that in first world countries. If Americans can't

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Speaker 2: afford sneakers and cars, the Republicans are toast next year

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Speaker 2: is the midterms. Ted Cruz said so over the weekend,

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Speaker 2: and he's a Republican. The Republicans will panic, and rightly so.

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Speaker 2: China will be a winner. It might well be free

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Speaker 2: trades ultimately a winner if the world or chunks of

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Speaker 2: a coalesce. The thing about politics is normally there's logic.

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Speaker 2: You don't have to agree with it, but it can

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Speaker 2: be explained. This can't be. Trump isn't a genius that

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Speaker 2: has seen something no one else has. He's overplayed his

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Speaker 2: hand and the fallout is only just beginning.

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Speaker 1: News of the world in ninety seconds.

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Speaker 2: So the world remains in scrambled mode. Of course, post

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Speaker 2: this week in market meltdown, the Brits are working their

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Speaker 2: tails off to try and fend off a full scale retaliation.

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Speaker 3: Whether it's the Prime Minister, the Chancellor, of the Business extry,

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Speaker 3: of the whole of government.

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Speaker 4: We've been engaging closely with businesses to make sure that

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Speaker 4: we can understand what we can do to support them

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Speaker 4: and support British industy in British jobs.

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Speaker 2: Former Trade chief doesn't see how the UK can get

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Speaker 2: a special carve out.

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Speaker 5: We got rebuffed, we got stiffed, okay, but then everybody

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Speaker 5: else got stiffed as well. I certainly don't think you

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Speaker 5: should be working on the assumption that we have some

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Speaker 5: kind of absolutely favored position.

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Speaker 2: Correct Elon meantime, was appearing via zoom at the Italian

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Speaker 2: League's weekend Soireraze, suggesting it'll all work out fine.

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Speaker 6: Let's agree that both Europe and the United States should

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Speaker 6: move ideally in my view, to a zero caraph situation,

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Speaker 6: effectively creating a free trade zone between Europe and North America.

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Speaker 2: A couple of British things one and got two labor

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Speaker 2: in peace arriving in Israel for a look see at Gaza,

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Speaker 2: but they got tossed out.

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Speaker 7: Israel is supposed to be an ally and you ought

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Speaker 7: to be able to tell your friends the truth. And frankly,

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Speaker 7: Israel should stop being so thin skinned and actually listen

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Speaker 7: to the criticism that there is being made of Israel

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Speaker 7: around the world, because a lot of it is legitimate.

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Speaker 2: In two, it's local body election time next month, and

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Speaker 2: the Tories not overly push this is going.

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Speaker 8: To be a very challenging set of results for Conservices.

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Speaker 8: The last time we fought these was four years ago

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Speaker 8: Boris Johnson was Prime Minister. There was a vaccine bounce.

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Speaker 8: We won an unprecedented two thirds of the votes. New

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Speaker 8: party had ever done that in history, So this is

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Speaker 8: going to be a very tough night.

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Speaker 3: It's correct as well.

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Speaker 2: And then to France where Marina spent the week in

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Speaker 2: running up the troops and reminding everybody.

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Speaker 9: For those who try to get.

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Speaker 1: Us to.

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Speaker 10: Will underble, not understand that.

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Speaker 1: We will never anneal.

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Speaker 11: We are upright, We are standing up for people and

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Speaker 11: for France.

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Speaker 2: Finally, very large longitudinal study in the US has found

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Speaker 2: diet is your biggest factor in healthy aging, more so

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Speaker 2: than exercise, more so than smoking. The workers from Harvard

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Speaker 2: involves over one hundred thousand and the forties, fifties, and

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Speaker 2: sixties been going through over three decades. Only nine percent

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Speaker 2: of people followed what was considered a healthy diet, which

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Speaker 2: is you know your fruits and legitibles, your brains, your nuts,

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Speaker 2: et cetera, which meant they were the only ones who

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Speaker 2: were classified as aging healthily, that is, living two seventy

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Speaker 2: without a chronic disease such as diabetes, art disease, or

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Speaker 2: having a physical impairment. They also conclude starting earlier brings

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Speaker 2: more benefits later in the life years of the world

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Speaker 2: in ninety are the only good news to come out

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Speaker 2: of America over the weekend was retrospective. Of course, we

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Speaker 2: got the payrolls for March. We'll look more at that

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Speaker 2: with Greg in the moment, but it was a decent number.

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Speaker 3: Twelve past six.

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Speaker 1: The mic Asking Breakfast, Full Show podcas on a hard

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Speaker 1: radio colored by news talks.

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Speaker 3: Eppy, wonderful scenes in Rome.

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Speaker 2: A couple of hours ago, Pope Frances turned up surprise

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Speaker 2: appearance and Peter Square on a Sunday appeared on stage

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Speaker 2: in wheelchair oxygen oxygen oxygen tube attached Hello to everybody,

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Speaker 2: Happy Sunday to all of you, Thank you very much.

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Speaker 2: Not original, but we'll take it. Fifteen past six is

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Speaker 2: the best thing now from Devin Funds Management, Greg, how

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Speaker 2: are you.

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Speaker 12: In the US?

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Speaker 2: Market's fine numbers to make the eyes water?

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Speaker 3: Ay?

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Speaker 12: Oh, it's the second day of carnage, so you're the

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Speaker 12: daily on twenty and thirty one points the nasdack now

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Speaker 12: on beer market Church that was down five point eight percent,

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Speaker 12: Big tech names whacked Apple down seven percent, down sixteen

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Speaker 12: percent two days. S and T five had the biggest

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Speaker 12: discline since March twenty twenty. We remember what that was

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Speaker 12: for that was down six percent, seventeen percent, lowest thance

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Speaker 12: februys record high, and it's lost incredible five trillion dollars

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Speaker 12: in market cap in two sessions. So Trump, we know

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Speaker 12: he's not too bad that he was off playing golf.

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Speaker 12: He said the reaction was all going pretty well and

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Speaker 12: the stock market would ultimately boom. But yeah, look, it

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Speaker 12: really is no joking around of might. I mean, I

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Speaker 12: think what Trump's dished out it can only be described

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Speaker 12: as economic vandalism, procession in risk staverism. There's one argument

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Speaker 12: that tariffs a RecA cycle back to text cards that

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Speaker 12: could help support consumer demand, but it's going to drive inflation.

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Speaker 12: Drome pil would have noted as much on Frida. I said,

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Speaker 12: inflation risks is going to become more persistent. Guess the

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Speaker 12: big question there is where the Trump used to look

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Speaker 12: at the stock market, a build as a scorecard will

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Speaker 12: cake to some pressure. And also from outside, we're here

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Speaker 12: and taking financily is on their way to talk some

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Speaker 12: common sense in Florida and maybe trading partners erecting a

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Speaker 12: little bit differently to what he thought. So China's come

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Speaker 12: out with retiliatory tariffs of thirty four percent on US

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Speaker 12: products so well, and truly in trade war territory we've

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Speaker 12: hed Europe. They're going to talk more about unity. So

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Speaker 12: is America going to become isolated? I suppose the big

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Speaker 12: check is going to be forced on in Politically, it'll

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Speaker 12: be aware of history in a lot of talk about

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Speaker 12: how the last time we saw tariffs as large, we're

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Speaker 12: back in the nineteen thirties with the smooth haly terr Effact.

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Speaker 12: Now that oltimately was designed to I guess, make the

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Speaker 12: Great Depression less bad and actually tend to make it

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Speaker 12: make it for an even more protracted downturn. And the

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Speaker 12: Republicans they lost that nine to thirty two election in

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Speaker 12: the landslide, So I think there's gonna be a lot

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Speaker 12: of pressure on Republican representatives from their voters. Rememb about

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Speaker 12: sixty percent of Americans invest in the stock markets, the

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Speaker 12: ville of there four o one case, or the retirement

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Speaker 12: accounts will have been absolutely hammered by the sell off,

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Speaker 12: So that news is going to get back to them.

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Speaker 12: And we're already hearing right that Republicans are looking or

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Speaker 12: some Republicans are supported of bipartisan bill to take tariff

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Speaker 12: out back to Congress, So we have to see how

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Speaker 12: this plays out for us down here. I guess it's

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Speaker 12: just worth remembering that. You know, we've seen market selloffs before.

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Speaker 12: We saw it during COVID. It's all about sort of

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Speaker 12: trying to keep one's head, and you know, probably the

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Speaker 12: worst time to sales are in fears rolling the market.

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Speaker 12: But you were obviously very disturbing. We'll have to see

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Speaker 12: how this all plays out.

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Speaker 2: Yeah, they're fascinating time. So we got the alluded to

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Speaker 2: the job numbers. They are way better than thought though.

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Speaker 12: Yeah there's some brightness theory least. So the US economy

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Speaker 12: isn't a good spot. Yeah for now anyway, So I

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Speaker 12: turned in twenty eight thousand jobs crowded March. It was

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Speaker 12: one hundred thousand more than forecast. So despite the best

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Speaker 12: efens of the DOGE team, public sector hiring was actually

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Speaker 12: up slightly. Private private services sect to PAILS, they were

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Speaker 12: by one hundred and ninety seven thousand. That was after

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Speaker 12: the previous months ninety thousand gain, and private health education

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Speaker 12: services that saw the biggest gain seventy seven thousand, and

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Speaker 12: quite interesting one Mike was hiring and leisure and hospital

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Speaker 12: that was down seventeen thousand in February, but they added

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Speaker 12: forty three thousand jobs. So the previous two months payrolls

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Speaker 12: were revised down, but average olly earnings they ticked up

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Speaker 12: zero point three percent. Unemployment also ticked up slightly to

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Speaker 12: four point two percent, but that was as expected. So

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Speaker 12: resilient jobs picture for now. But yeah, I guess the

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Speaker 12: jewey remains out on how it will look if there's

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Speaker 12: no flipping on Trump's terror policy.

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Speaker 2: Indeed, bring it back home this week big one for

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Speaker 2: the RB.

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Speaker 3: What do we got?

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Speaker 12: Most people were expecting quarter percent. The Abend's flagged this

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Speaker 12: as well. Of course we've got a new acting heat

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Speaker 12: as well. But you know, is this the time to

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Speaker 12: be holding the line? Maybe make it three in a row,

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Speaker 12: another fifty basis point card. I think that the case

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Speaker 12: is pretty clear. The three point seventy five percent neutral

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Speaker 12: where the economy is not being stimulated or constricted as

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Speaker 12: below three percent, we should be there now. Inflations at

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Speaker 12: the bottom of the range. You we're crawling out of recession,

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Speaker 12: confidences low in most metrics, with unemployment rising, and then

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Speaker 12: we've got a trade war, you know, and that's going

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Speaker 12: to deliver arguably a further deflationary shock. So you look

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Speaker 12: at prices of goods, they're going to be going up

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Speaker 12: for Americans, but we could see a lot of those

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Speaker 12: goods previously destined for the US go to other parts

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Speaker 12: of the globe, including here. So just an aside, we

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Speaker 12: just said, we see the great redirection here. Maybe we

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Speaker 12: get goods rerouted to other countries of lower terriffroats for

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Speaker 12: the make the way to the US. But I think

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Speaker 12: this could actually be a deflationary shock. We're in the

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Speaker 12: middle of another economic shock, it seems, Mike, and it's

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Speaker 12: not really a time to be delaying getting rates down

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Speaker 12: for this of it. So you know the world's fundamentally

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Speaker 12: changed since February. But let's see right and make numbers.

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Speaker 3: Please.

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Speaker 12: Yes, the downs mentioned down five and a half percent,

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Speaker 12: thirty eight.

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Speaker 9: Three one four one.

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Speaker 12: A Trump sh represent said that's still going to have

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Speaker 12: fifty thousand under his term. Let's see about that. S

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Speaker 12: and P five hundred down six percent, five zer seven four,

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Speaker 12: nastick down five point eight percent, for seed down five

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Speaker 12: percent in the UK, nickoy down two point eight percent,

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Speaker 12: a SX two hundred that was down two point four percent.

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Speaker 3: We had a lot better.

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Speaker 12: Actually, seventy X fifty was down point nine percent, Goal

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Speaker 12: down seventy seven dollars three thousand and thirty eight, and

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Speaker 12: ounce oil down five dollars sixty two Baroso deflationary shock.

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Speaker 3: There.

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Speaker 12: Currency markets we're down three over three percent against the

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Speaker 12: US fifty six. For the key we ninety two point

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Speaker 12: seven outs, Assie are up one point two percent there,

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Speaker 12: forty three point four Sterling eighty two point three year

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Speaker 12: and just quickly this week we've got the US banks

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Speaker 12: kicking off the earnings season, and let's see what happens

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Speaker 12: obviously on the tar front and the back back dating

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Speaker 12: the air or going backwards. But locally we've got business

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Speaker 12: confidence business pm I the big one. The abbeyens said, yeah,

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Speaker 12: the Pobby cut by core percent, but yeah, maybe should

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Speaker 12: cut by half percent.

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Speaker 2: Well sold, Greg appreciate at Greg Smith, Devon Funds Management,

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Speaker 2: Paski Cross I'm reading about over the weekend between twenty

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Speaker 2: twenty and twenty twenty one, they grew their revenue from

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Speaker 2: around one point four billion to two point three so

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Speaker 2: an extraordinary story. Profitability that operating marge and jump from

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Speaker 2: seventeen percent to twenty nine percent and it's all about personalization.

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Speaker 2: Gibbets two hundred and seventy one million dollars last year

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Speaker 2: in Gibbet sales, over just over eight percent of the

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Speaker 2: brand's revenue. Seventy five percent of people who buy crocs

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Speaker 2: by Gibbets success story. Not too many of those flating

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Speaker 2: around at the moment.

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Speaker 3: Six twenty one, Your News Talk said, be good.

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Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered

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Speaker 1: by News Talk.

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Speaker 2: SEDB, just running through if you haven't caught up over

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Speaker 2: the weekend. China went back at thirty four, as Greg said,

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Speaker 2: so they've gone tip for tat. So that came as

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Speaker 2: a surprise to the Republicans. Z Barbwe is a good

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Speaker 2: example of a country that did have eighteen percent tariffs.

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Speaker 2: They've dropped them. They've said we want a better relationship

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Speaker 2: with America. They've dropped them. So Trump will look at

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Speaker 2: that and go fantastic. See what's happening. They're folding already.

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Speaker 2: Problem is the trade between Zimbabwe and the United States.

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Speaker 2: It doesn't exist. They did one hundred and eleven million

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Speaker 2: dollars worth of business, so the whole thing's pointless. Jaguar

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Speaker 2: Land drover as I'm sure you're also aware they've paused

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Speaker 2: shipments to America for now, which means good for the

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Speaker 2: left hand drive market around the world. Presumably you got

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Speaker 2: more Jaguars and land Drivers because they're always in big demand.

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Speaker 2: Toy prices, and this is China and Vietnam. What's the

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Speaker 2: price for a toy, So that's a discretionary product. Fifty

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Speaker 2: percent they think fifty percent more expensive, So you're not

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Speaker 2: buying toys, hey you, So that's material and then the

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Speaker 2: big one. So yes, China's come and retaliated. What about

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Speaker 2: the EU. They've not done anything yet, but they're working

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Speaker 2: the phones as we speak. It's still Sunday there, so

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Speaker 2: stand by for that six twenty.

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Speaker 1: Five trending now with Chemist Wells keeping Kiwi's healthy all

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Speaker 1: year round.

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Speaker 2: The movie news DC and Warner Brothers. They released a

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Speaker 2: five minute sneak peek of their Superhero movie, released exclusively

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Speaker 2: for one hundred people add CinemaCon before they then put

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Speaker 2: it out on YouTube. It also came at the same

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Speaker 2: time as their stock tanked. Of course, Warner is down

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Speaker 2: twenty one percent of the last forty eight hours.

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Speaker 3: Mind you, who.

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Speaker 2: Isn't no need to thank us?

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Speaker 1: Sir as, we will not appreciate it. We have no

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Speaker 1: consciousness whatsoever. Merely automaton's here to serve meet twelve.

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Speaker 2: She's news.

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Speaker 1: He looked at fourteen froudrat bot, damage to bladder, kidney,

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Speaker 1: large intestine, lungs with a healthy dose of yellow suns

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Speaker 1: will have you upp an Adam in no time.

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Speaker 2: Is the best part about that? The music Superman's out

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Speaker 2: July eleven in cinemas. One hundred people rounded up at CinemaCon.

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Speaker 2: Then everyone can see it five minutes later. I don't

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Speaker 2: understand the thinking about one. There By the way, polling

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Speaker 2: out this morning one you miss have missed the weekend

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Speaker 2: locally Prime Minister with us after seven thirty. So two

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Speaker 2: poles last week in this country that showed the government

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Speaker 2: are reasonably speaking on track. In other words, if the

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Speaker 2: election was held today, they would win. Big movements, really

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Speaker 2: interesting movements in Australia.

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Speaker 3: Yet another pot.

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Speaker 2: In fact, two poles out over the weekend in Australia

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Speaker 2: are the movers on to labor. So whatever contests seemingly

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Speaker 2: there was supposed to be as the coalition sort of

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Speaker 2: got attacked together and suddenly looked electable, that seems now

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Speaker 2: to have gone and labor are kind of at this point. Anyway,

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Speaker 2: Home Free will talk to Steve Price about that after

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Speaker 2: thirty this morning.

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Speaker 3: Meantime, the news.

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Speaker 1: Is next, the news and the news makers the Mic

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Speaker 1: Hosking breakfast with the range Rover vi La design to

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Speaker 1: intrigue can use Togsdad b.

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Speaker 2: Bully Michael watched the F one over the weekend. Couple

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Speaker 2: of observations. RB botched the tire strategy for laws and correct.

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Speaker 2: Did the same to Yuki and a GP last year.

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Speaker 2: Yuki no closer to the stap and correct, traded downforce

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Speaker 2: full speed to control the car. All of that's correct

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Speaker 2: laws and not as confident at RB as last year.

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Speaker 2: I'd cut him some slack. It's one race. He needs

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Speaker 2: a couple of others. A note Helbert Marco this morning

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Speaker 2: says we want points in Bahrain and Saudi Arabia over

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Speaker 2: the next couple of weeks. Of the pressures on Mike,

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Speaker 2: can you tell me when if one gets exciting followed

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Speaker 2: the leader yesterday was so boring. As a recent F

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Speaker 2: one follower, I'm losing enthusiasm quickly. Fair point, it was

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Speaker 2: a race for the officionado. I take your point and

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Speaker 2: it is reasonable, but they were expecting rain. Rain comes

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Speaker 2: with a safety car, safety car, meat strategies up in

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Speaker 2: the air.

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Speaker 3: It didn't happen. Hence it was a.

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Speaker 2: Procession twenty two minutes away from seven. Richard Arnold on

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Speaker 2: you know what mistakes in a couple of moments meantime

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Speaker 2: back here. Interesting insight into our prison sentencing all sentences

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Speaker 2: this morning with a claim that these short sentences might

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Speaker 2: be doing more harm than good comes to us from

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Speaker 2: the recently retired chair of the Parole Boards to Ron Young,

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Speaker 2: who is will it's.

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Speaker 3: A very good morning to you.

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Speaker 13: Good morning Mike.

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Speaker 2: Just a couple of myths versus realities. Do the gangs

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Speaker 2: run the place and do they recruit?

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Speaker 13: They recruit. They don't run the place completely, but they

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Speaker 13: do run some of the units of the prisons. They recruit.

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Speaker 2: Right, the ability to reform? If you want to make

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Speaker 2: yourself a better person, can you?

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Speaker 13: You can? Sometimes it's delayed and unattractively delayed, but you

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Speaker 13: can make yourself a better person.

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Speaker 3: How much of this is about basic resource?

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Speaker 2: If everyone who wanted to put their hand up and

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Speaker 2: say I want to reform myself could get access to that,

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Speaker 2: it would be a better place.

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Speaker 13: Yeah, quite a lot of it's about resources and huge

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Speaker 13: todays and getting appropriate rehabilitation and reintegration. And of course

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Speaker 13: that means a lot of people sitting there cost of

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Speaker 13: the tax bayer without being able to advance. So in

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Speaker 13: one sense, the economics make no sense at all.

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Speaker 2: So in that I assume the people who've got the

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Speaker 2: purse rings understand that. Is it deliberate on the government's

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Speaker 2: part to under resource or we simply don't have money

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Speaker 2: and that's just life.

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Speaker 13: I don't know the answer to that. Of course that's

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Speaker 13: a matter for the government, but it's certainly been the

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Speaker 13: situation in prisons for a long time now. So of course,

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Speaker 13: you know, money for prisons isn't the most popular political slogan.

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Speaker 2: No, exactly, And that's why I asked the question, I mean,

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Speaker 2: how much of what we do these days? And you

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Speaker 2: said on a parole board knowing that the public really

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Speaker 2: just want a lot of people in a lot of

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Speaker 2: jails for a long time.

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Speaker 13: Yeah, we understand that, and we understand the sort of

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Speaker 13: instinct punished. What we're trying to do, though, is the

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Speaker 13: crime they've committed has already been committed. What we're trying

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Speaker 13: to do is I'm sure they don't commit any further crime.

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Speaker 13: So we're focused on public safety and that's the most

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Speaker 13: important thing, and that's what drives what we do.

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Speaker 2: Has the recidivism rate changed dramatically at all over the years.

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Speaker 13: It's gone up and down abat but it's hard to generalize.

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Speaker 13: It depends very much on the kind of offending and

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Speaker 13: the kind of rehabilitation that's provided. If the rehabilitation is good,

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Speaker 13: well researched, and well known, then it can reduce offending

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Speaker 13: quite significantly. And the sophistication of those programs has developed

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Speaker 13: significantly over the years.

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Speaker 2: Your argument would be, if we had the resource and

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Speaker 2: we put the people into the programs, it would be

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Speaker 2: on the right track and recidivism or the rate would

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Speaker 2: drop exactly.

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Speaker 3: Okay.

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Speaker 2: Is that a hard sell to a skeptical public.

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Speaker 13: It is, And I understand that people want longer sentences

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Speaker 13: because they feel they'll be safer, but actually the opposite

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Speaker 13: is true, they won't be safer. The key we can't

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Speaker 13: do anything about the crime that someone's committed who's already

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Speaker 13: in prison, But as I said, we can try and

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Speaker 13: do something about the crimes that they could commit, reducing

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Speaker 13: reoffending and that's putting huge effort into rehabilidation.

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Speaker 2: The perception from the public that the judiciary is soft

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Speaker 2: and so are you guys on the parole board fair.

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Speaker 13: Or not not fair? I mean New Zealand has a

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Speaker 13: really high rate of imprisonment. It's got a very high

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Speaker 13: rate of remand may be one of the highest in

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Speaker 13: the world. So and look at America, you know, the

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Speaker 13: highest rate of imprisonment and the highest longer sentences. It's

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Speaker 13: a good illustration of why long sentences don't make the

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Speaker 13: public safer.

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Speaker 2: Nice to talk to you appreciate it very much, soar

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Speaker 2: on young outgoing parole board chair. It is nineteen minutes

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Speaker 2: away from seven past. I can feel the economies turning.

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Speaker 2: Own a small successful commercial building in Auckland. Last two

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Speaker 2: years had four various retail offices empty. This last six

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Speaker 2: weeks have leased out three of these to various tenancies.

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Speaker 2: Fourth being upgraded after kicking out the tenants. So happy

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Speaker 2: for the country. Very good to hear about it. Let's

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Speaker 2: talk the markets. Richard's next eighteen to two.

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Speaker 1: The Mic Hosking break most full show podcast on iHeartRadio

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Speaker 1: card by newstalksb.

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Speaker 2: Morning Mike Liam Lawson was overshadowed by a teammate. Had

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Speaker 2: you in qualifying and race pace? He clearly has some

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Speaker 2: catching up to do. It's the most salient point of

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Speaker 2: the weekend. Had you got points, had you qualified eighth,

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Speaker 2: finished eighth?

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Speaker 3: Liam didn't.

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Speaker 2: He needs to be as fast as his teammate, if

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Speaker 2: not faster. Problem for Sonoda is, of course they solved nothing.

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Speaker 2: The car is still undrivable. They got no points. So

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Speaker 2: McLaren's second and third got more points than for step

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Speaker 2: in one versus the other.

439
00:20:29,880 --> 00:20:33,040
Speaker 3: Red bull zero. There's your real issue. Six forty five.

440
00:20:34,000 --> 00:20:37,320
Speaker 1: International correspondence on News Dogsbo States we.

441
00:20:37,320 --> 00:20:38,880
Speaker 3: Go, Richard Allen, very good morning to you.

442
00:20:39,800 --> 00:20:40,240
Speaker 14: Good morning.

443
00:20:40,320 --> 00:20:42,880
Speaker 3: Make what a blood bath Saturday? Am?

444
00:20:43,400 --> 00:20:46,560
Speaker 14: Absolutely so. President Trump is returning to the White House.

445
00:20:46,560 --> 00:20:49,560
Speaker 14: So afterward basically was three days in hiding. He was

446
00:20:49,600 --> 00:20:52,000
Speaker 14: playing golf. A White House statement breaking the Trump made

447
00:20:52,040 --> 00:20:55,040
Speaker 14: it to the finals of his own golf club senior championship.

448
00:20:55,119 --> 00:20:55,320
Speaker 1: Well.

449
00:20:55,359 --> 00:20:58,119
Speaker 14: Well, this while the markets have been as you indicate,

450
00:20:58,200 --> 00:21:01,480
Speaker 14: in total meltdown, we've seen anti tariff protests in every

451
00:21:01,520 --> 00:21:03,760
Speaker 14: state in the country, hundreds of thousands of people turning

452
00:21:03,800 --> 00:21:06,240
Speaker 14: out the biggest protests of the modern era with rallies

453
00:21:06,480 --> 00:21:09,480
Speaker 14: and more than twelve hundred sites around the place. Tomorrow,

454
00:21:09,520 --> 00:21:13,320
Speaker 14: Trump's going to meet with Israel's net Yohu. This has

455
00:21:13,359 --> 00:21:16,200
Speaker 14: Americans are panicking over their retirement funds, the stock market

456
00:21:16,240 --> 00:21:19,600
Speaker 14: investments that the governments have been promoting here for decades

457
00:21:19,600 --> 00:21:23,160
Speaker 14: as retirement plans. Wall Street reopens for trading tomorrow after

458
00:21:23,200 --> 00:21:26,800
Speaker 14: that six trillion US dollar That was a race from

459
00:21:26,840 --> 00:21:29,840
Speaker 14: the market in the past two sessions. Six trillion not

460
00:21:29,920 --> 00:21:31,720
Speaker 14: a simple number to get your head around, is it.

461
00:21:31,920 --> 00:21:34,760
Speaker 14: The Dow was off by twenty two hundred points on Friday,

462
00:21:34,760 --> 00:21:37,639
Speaker 14: Saturday your time, sixteen hundred the day before. This is

463
00:21:37,680 --> 00:21:40,119
Speaker 14: the first time ever that the DOAO has dropped by

464
00:21:40,160 --> 00:21:43,840
Speaker 14: fifteen hundred points or more on two consecutive days. There

465
00:21:43,840 --> 00:21:47,080
Speaker 14: are some small political cracks starting to show among Republicans.

466
00:21:47,320 --> 00:21:50,040
Speaker 14: Elon Musk is suggesting that he might be splitting from

467
00:21:50,080 --> 00:21:52,800
Speaker 14: the Trump tariff policy. Here's what he is saying.

468
00:21:53,000 --> 00:21:56,000
Speaker 15: Hopeful, for example, with the tariffs, that's at the end

469
00:21:56,000 --> 00:21:59,720
Speaker 15: of the day, I hope it has agreed that both

470
00:21:59,760 --> 00:22:03,640
Speaker 15: your and the United States should move ideally in my view,

471
00:22:03,920 --> 00:22:05,400
Speaker 15: to a zero tariff situation.

472
00:22:05,480 --> 00:22:07,680
Speaker 14: Such a good talkers, I mean, Trump advises that Kevin

473
00:22:07,760 --> 00:22:10,439
Speaker 14: Hassett is saying now that many countries are flooding the

474
00:22:10,440 --> 00:22:14,600
Speaker 14: White House phones to talk about the tariffs, which anamallysts

475
00:22:14,600 --> 00:22:17,720
Speaker 14: say are not really based on tariffs imposed by other countries.

476
00:22:17,840 --> 00:22:19,959
Speaker 5: More than fifty countries have reached out to the President

477
00:22:20,000 --> 00:22:21,000
Speaker 5: to begin a negotiation.

478
00:22:21,640 --> 00:22:23,040
Speaker 16: But they're doing that because they.

479
00:22:23,000 --> 00:22:25,760
Speaker 17: Understand that they bear a lot of the tariffs.

480
00:22:25,320 --> 00:22:27,080
Speaker 5: And so I don't think that you're going to see

481
00:22:27,200 --> 00:22:29,680
Speaker 5: a big effect on the consumer in the US.

482
00:22:29,960 --> 00:22:32,160
Speaker 14: Well that's not what the boss of the Fed is saying. Well,

483
00:22:32,160 --> 00:22:34,720
Speaker 14: Goldmann Sax has raised the chances for a recession to

484
00:22:34,760 --> 00:22:38,119
Speaker 14: about sixty percent. So this is a push, is it

485
00:22:38,200 --> 00:22:41,160
Speaker 14: for some negotiation? Well, no, says Trump, and no says

486
00:22:41,240 --> 00:22:44,160
Speaker 14: his Commerce secretary Howard Lutnik.

487
00:22:44,480 --> 00:22:47,159
Speaker 18: There's no postponing. They are definitely going to stay in

488
00:22:47,240 --> 00:22:50,240
Speaker 18: place for days and weeks. That is sort of obvious.

489
00:22:50,400 --> 00:22:54,080
Speaker 1: The President needs to reset global trade.

490
00:22:54,160 --> 00:22:58,080
Speaker 14: Well that's that's one view, because Lutnik is the dude

491
00:22:58,080 --> 00:22:59,560
Speaker 14: who said that it would be no big deal off

492
00:22:59,680 --> 00:23:03,440
Speaker 14: time arrived a month late. Another self style economic genie.

493
00:23:03,480 --> 00:23:05,880
Speaker 14: He was asked today about why the Penguin Islands heard

494
00:23:05,960 --> 00:23:08,960
Speaker 14: McDonald Islands which were included in the Trump tariff list.

495
00:23:09,680 --> 00:23:12,960
Speaker 14: Why they were there. CBS's Margaret Brennan asked him.

496
00:23:12,760 --> 00:23:14,639
Speaker 19: Did you use AI to generate this?

497
00:23:16,920 --> 00:23:17,160
Speaker 15: No?

498
00:23:17,720 --> 00:23:18,439
Speaker 12: No, the idea.

499
00:23:18,480 --> 00:23:21,040
Speaker 3: Look, the idea is why aren't they on the list?

500
00:23:21,160 --> 00:23:21,879
Speaker 13: Left off?

501
00:23:22,320 --> 00:23:25,960
Speaker 18: Because the idea what happens is if you leave anything

502
00:23:26,080 --> 00:23:30,399
Speaker 18: off the list, the countries that try to basically arbitrage

503
00:23:30,440 --> 00:23:32,560
Speaker 18: America go through those countries to US.

504
00:23:32,800 --> 00:23:35,960
Speaker 14: So what Mike China might secretly plot with the penguins

505
00:23:35,960 --> 00:23:38,520
Speaker 14: to bypass the tariffs and send containers down there. What

506
00:23:38,560 --> 00:23:41,560
Speaker 14: the hell is he talking about? Meantime on the streets

507
00:23:41,560 --> 00:23:42,920
Speaker 14: here in recent hours.

508
00:23:42,720 --> 00:23:44,840
Speaker 1: I think America isn't terrible to stract.

509
00:23:44,920 --> 00:23:49,000
Speaker 14: We are not happy and we will not stop.

510
00:23:51,080 --> 00:23:51,520
Speaker 13: Rise.

511
00:23:53,320 --> 00:23:54,679
Speaker 3: He's going in with the chainsaw.

512
00:23:54,720 --> 00:23:55,960
Speaker 16: He doesn't know what he's doing.

513
00:23:57,800 --> 00:23:59,919
Speaker 14: Some of the hundreds of protests. By the way, Trump's

514
00:24:00,119 --> 00:24:03,399
Speaker 14: pose a tariff experts Peter Navarro, who spent four months

515
00:24:03,400 --> 00:24:06,080
Speaker 14: in prison for contempt of Congress for your a call.

516
00:24:06,400 --> 00:24:08,680
Speaker 14: It was Trump's son in law, Jared Kushner who found

517
00:24:08,760 --> 00:24:12,240
Speaker 14: Navara when he was checking book titles on Amazon one

518
00:24:12,280 --> 00:24:15,040
Speaker 14: time about economics so he could tell his father, and

519
00:24:15,200 --> 00:24:18,200
Speaker 14: he had one called death by China partly written by Navarro.

520
00:24:18,560 --> 00:24:21,240
Speaker 14: He loved the title, so he recommended Navarro as an

521
00:24:21,280 --> 00:24:25,320
Speaker 14: economics aide who, in his pro tariff writings, societed an

522
00:24:25,359 --> 00:24:28,560
Speaker 14: expert to support his policies. That economics whiz kid is

523
00:24:28,680 --> 00:24:33,720
Speaker 14: ron Vara, who praised Navarro Fulsomely, ron Vara does not exist.

524
00:24:34,280 --> 00:24:37,359
Speaker 14: He was invented by Navarro, who simply arranged the letters

525
00:24:37,359 --> 00:24:40,240
Speaker 14: of his own name Navarro to create the mythical ron

526
00:24:40,320 --> 00:24:45,040
Speaker 14: Vara ro nvaar so the intellectual source of the Trump

527
00:24:45,080 --> 00:24:47,080
Speaker 14: tariffs A conjore.

528
00:24:47,040 --> 00:24:51,960
Speaker 2: Loving the Times, Richard Arneld appreciate yours the arbitrage from Lutnik.

529
00:24:52,359 --> 00:24:56,120
Speaker 2: There is a point there, not that transpositioning through Penguin

530
00:24:56,200 --> 00:24:59,480
Speaker 2: territory is the answer. But there was a guy over

531
00:24:59,520 --> 00:25:02,159
Speaker 2: the weekend we're reading about. He's a guy called Krugman

532
00:25:02,160 --> 00:25:05,280
Speaker 2: who's a Nobel Prize winner economist. He reckons the EU,

533
00:25:05,960 --> 00:25:07,960
Speaker 2: as in the firms within the EU will try and

534
00:25:08,000 --> 00:25:10,840
Speaker 2: export the goods via Northern Ireland for reduced tariff. Of course,

535
00:25:10,880 --> 00:25:13,679
Speaker 2: Northern Ireland part of England. England's got ten percent, the

536
00:25:13,720 --> 00:25:16,320
Speaker 2: EU's got twenty. That sort of stuff happens in trade

537
00:25:16,320 --> 00:25:18,919
Speaker 2: all the time. If you put it through one place

538
00:25:19,040 --> 00:25:21,919
Speaker 2: for a lower tariff, you've normally got to do something

539
00:25:21,960 --> 00:25:24,080
Speaker 2: with the product. You've got to transformat le change it

540
00:25:24,119 --> 00:25:26,240
Speaker 2: in some sort of way. He reckons they might be

541
00:25:26,240 --> 00:25:28,400
Speaker 2: able to get around it through the the EU deal.

542
00:25:28,600 --> 00:25:29,840
Speaker 3: Ten away from seven.

543
00:25:29,840 --> 00:25:34,199
Speaker 1: The Mike Hosking Breakfast with Bailey's Real Estate News dogs EDB.

544
00:25:34,359 --> 00:25:37,520
Speaker 2: Mike seems obvious that Trump's tariff's crisis is a provoked crisis.

545
00:25:37,560 --> 00:25:40,120
Speaker 2: The question is now to understand the ulterior and tensions

546
00:25:40,160 --> 00:25:43,439
Speaker 2: and next steps. That's possible, Mike. There seems to be

547
00:25:43,440 --> 00:25:45,639
Speaker 2: a big uplifting greater christ Church in the economy. New

548
00:25:45,680 --> 00:25:48,159
Speaker 2: house is going up everywhere, more cranes, new commercial builds,

549
00:25:48,200 --> 00:25:49,840
Speaker 2: just a positive buzz about the place that's been going

550
00:25:49,880 --> 00:25:52,000
Speaker 2: on for some time, which is good, Mike. What I

551
00:25:52,040 --> 00:25:54,520
Speaker 2: don't understand is why our dollars crash. Well, it's in

552
00:25:54,560 --> 00:25:58,680
Speaker 2: really simple terms, this might be good, Christen says for exporters,

553
00:25:58,680 --> 00:26:00,760
Speaker 2: but terrible for the import is yes, that is true.

554
00:26:00,960 --> 00:26:03,919
Speaker 2: In really simple terms. You just weigh up everything New

555
00:26:04,000 --> 00:26:06,320
Speaker 2: Zealand does. Everything it is, you value it and that's

556
00:26:06,359 --> 00:26:08,879
Speaker 2: your currency. And you'll notice in the last couple of

557
00:26:08,960 --> 00:26:10,840
Speaker 2: days the American dollars fall in a bit because people

558
00:26:10,840 --> 00:26:12,520
Speaker 2: look at America on the gable hold on. It's not

559
00:26:12,560 --> 00:26:13,919
Speaker 2: as flash as we used to think it is. So

560
00:26:14,000 --> 00:26:16,320
Speaker 2: that's why a dollar falls. They look at us and

561
00:26:16,400 --> 00:26:18,400
Speaker 2: come to the same conclusion. And when you're running forty

562
00:26:18,400 --> 00:26:21,240
Speaker 2: three p you know we're in desperate trouble. Here's an

563
00:26:21,280 --> 00:26:25,280
Speaker 2: American homeland security guy. Why are American streets filled with

564
00:26:25,359 --> 00:26:27,800
Speaker 2: cars from Europe and Japan? But their streets are empty

565
00:26:27,840 --> 00:26:30,520
Speaker 2: of American cars, even as we provide defense and security

566
00:26:30,520 --> 00:26:32,960
Speaker 2: for both. So Stephen Miller's got it completely wrong. Of course,

567
00:26:33,000 --> 00:26:35,359
Speaker 2: the reason that most European streets are not full of

568
00:26:35,400 --> 00:26:38,439
Speaker 2: American cars is people simply don't want to buy American cars.

569
00:26:38,680 --> 00:26:41,880
Speaker 2: They're not particularly good cars. Yes they're tariffed in Europe,

570
00:26:42,080 --> 00:26:45,600
Speaker 2: but they're not particularly good cars. And if you can't

571
00:26:45,640 --> 00:26:48,200
Speaker 2: understand that, you can't understand anything. Mike, Why does everyone

572
00:26:48,280 --> 00:26:51,320
Speaker 2: keep saying the prices will increase with the tariff. No

573
00:26:51,359 --> 00:26:54,200
Speaker 2: one's talking about the same or a lot of tariffs

574
00:26:55,080 --> 00:26:56,560
Speaker 2: are taken up by the supplier.

575
00:26:57,880 --> 00:26:58,560
Speaker 3: Are you serious.

576
00:26:59,119 --> 00:27:00,760
Speaker 2: We've lived in the last couple of years in this

577
00:27:00,840 --> 00:27:04,840
Speaker 2: country with extraordinary inflation. The reason we had extraordinary inflation

578
00:27:05,040 --> 00:27:07,440
Speaker 2: was all the supplies passed on the cost of the consumer.

579
00:27:08,480 --> 00:27:10,920
Speaker 2: We've lived through it, We've been through it. That supplies

580
00:27:10,960 --> 00:27:14,760
Speaker 2: don't soak up anything. They're not a charity. They pass

581
00:27:14,840 --> 00:27:17,400
Speaker 2: it on to the person who can pay I e.

582
00:27:17,880 --> 00:27:18,720
Speaker 3: You and me.

583
00:27:19,160 --> 00:27:22,919
Speaker 2: And if we haven't, having lived through that, understood that,

584
00:27:23,640 --> 00:27:26,080
Speaker 2: then were all shot five minutes away from seven.

585
00:27:27,960 --> 00:27:31,200
Speaker 1: Well, the ins and the ouse. It's the biz with

586
00:27:31,480 --> 00:27:34,920
Speaker 1: business favor take your business productivity to the next level.

587
00:27:34,920 --> 00:27:36,400
Speaker 3: Now we're telling you about your Minecraft movie.

588
00:27:36,480 --> 00:27:39,200
Speaker 2: Last week one star reviews, backing up the general sense

589
00:27:39,240 --> 00:27:42,040
Speaker 2: that games turned into movies don't really work at the theaters,

590
00:27:42,040 --> 00:27:44,440
Speaker 2: but proving the reviews mean little of anything. The kids,

591
00:27:44,520 --> 00:27:46,320
Speaker 2: of course, the kids have saved the day, and the

592
00:27:46,359 --> 00:27:49,800
Speaker 2: kids love Minecraft domestically as in the States, the only

593
00:27:49,880 --> 00:27:53,000
Speaker 2: weekend for a Minecraft movie was two hundred and seventy

594
00:27:53,040 --> 00:27:53,840
Speaker 2: seven million dollars.

595
00:27:53,880 --> 00:27:54,920
Speaker 3: Is that good? Yes it is.

596
00:27:55,320 --> 00:27:57,680
Speaker 2: It was predicted it would be somewhere between one oh

597
00:27:57,720 --> 00:28:00,000
Speaker 2: five and one seven five million, so two seventy sive

598
00:28:00,080 --> 00:28:02,520
Speaker 2: and smashes it. Massive boosts for the industry as well.

599
00:28:02,560 --> 00:28:05,680
Speaker 2: Earnings down thirteen percent in movie land, it's now down

600
00:28:05,760 --> 00:28:08,080
Speaker 2: just five percent year on year, because the movie came

601
00:28:08,119 --> 00:28:09,879
Speaker 2: out of the week and everyone went, wow, that's good.

602
00:28:09,920 --> 00:28:12,560
Speaker 2: First movie to overperform this year, if you can believe it,

603
00:28:12,680 --> 00:28:15,119
Speaker 2: no big blockbusters in Q one. It's also now the

604
00:28:15,119 --> 00:28:17,359
Speaker 2: record holder for the biggest domestic opening weekend for a

605
00:28:17,400 --> 00:28:20,359
Speaker 2: film based on a video game. The others were Super

606
00:28:20,400 --> 00:28:22,880
Speaker 2: Mario Brothers of course, to fifty seven million, five nights

607
00:28:22,880 --> 00:28:25,480
Speaker 2: at Freddy's one forty one million, Sonic The Hedgehog two

608
00:28:25,560 --> 00:28:28,080
Speaker 2: one twenty seven million. Industry is hoping this is the

609
00:28:28,119 --> 00:28:29,760
Speaker 2: first of a little bit of momentum.

610
00:28:29,400 --> 00:28:29,920
Speaker 3: In Q two.

611
00:28:30,240 --> 00:28:32,679
Speaker 2: What's happening in Q two, Well, we've got The Thunderbolts

612
00:28:32,720 --> 00:28:35,920
Speaker 2: out next month. We've also got the Final Mission Impossible movie.

613
00:28:35,960 --> 00:28:39,000
Speaker 2: I've seen every Mission Impossible movie and I've loved.

614
00:28:38,760 --> 00:28:39,320
Speaker 3: Every one of them.

615
00:28:39,320 --> 00:28:42,680
Speaker 2: I think they're genius. They're brilliant escapism at its best. Also,

616
00:28:42,720 --> 00:28:45,640
Speaker 2: the F one movie with Brad Pitt's coming out. I'm

617
00:28:45,720 --> 00:28:49,600
Speaker 2: not sure how big they've made a huge thing of

618
00:28:49,600 --> 00:28:52,360
Speaker 2: it in F one because it was filmed at F

619
00:28:52,400 --> 00:28:54,280
Speaker 2: one as the F one was going and you saw

620
00:28:54,360 --> 00:28:57,720
Speaker 2: Brad and the pit lane. But when you can watch

621
00:28:57,760 --> 00:28:59,960
Speaker 2: the real thing as we do so like most week,

622
00:29:00,280 --> 00:29:02,560
Speaker 2: I'm just not sure a movie about what we already

623
00:29:02,560 --> 00:29:05,080
Speaker 2: watch on a regular basis is necessarily going to be brilliant.

624
00:29:05,120 --> 00:29:07,320
Speaker 2: But I may well be completely and uughly wrong. Right

625
00:29:07,400 --> 00:29:10,080
Speaker 2: the market, we're back to this business of New Zealand's

626
00:29:10,120 --> 00:29:13,000
Speaker 2: the first market in the world opening posts the blood bath,

627
00:29:13,120 --> 00:29:14,960
Speaker 2: So we'll see how that goes for us today, Mark

628
00:29:15,040 --> 00:29:17,320
Speaker 2: Lister in in a couple of moments. Obviously the Prime

629
00:29:17,360 --> 00:29:19,560
Speaker 2: Minister on that, Chris Bishop, who I know has been

630
00:29:19,600 --> 00:29:21,800
Speaker 2: in Singapore last week, so I'm Donnie who ask him

631
00:29:21,800 --> 00:29:26,000
Speaker 2: about that. They've also changed the rules again on granni flat.

632
00:29:26,120 --> 00:29:28,600
Speaker 2: You could build a granny flat without consent. Now you

633
00:29:28,640 --> 00:29:32,520
Speaker 2: can build a really big grannie flat without conceit. So

634
00:29:32,600 --> 00:29:34,480
Speaker 2: we'll get the details on that for you after the news,

635
00:29:34,480 --> 00:29:36,560
Speaker 2: which is next to your reviews, Talk said beat.

636
00:29:38,040 --> 00:29:41,120
Speaker 1: The only report you need to start your day, the

637
00:29:41,360 --> 00:29:45,400
Speaker 1: my casking breakfast with Bailey's real Estate, your local experts

638
00:29:45,400 --> 00:29:48,680
Speaker 1: across residential, commercial and rural news talks head been.

639
00:29:48,600 --> 00:29:50,400
Speaker 2: Less, ship and past seven. Well they were numbers to

640
00:29:50,400 --> 00:29:52,320
Speaker 2: take your breath away, weren't they. The US market our

641
00:29:52,360 --> 00:29:54,720
Speaker 2: time Saturday fell to pieces losses you only see in

642
00:29:54,760 --> 00:29:57,200
Speaker 2: seismic events. The trouble with time zones, of course, is

643
00:29:57,480 --> 00:30:00,000
Speaker 2: their Saturday or our Saturday? Is there Friday, which means

644
00:30:00,080 --> 00:30:02,800
Speaker 2: that now we have to do something this morning and

645
00:30:02,920 --> 00:30:06,000
Speaker 2: watch and wait. Craig's Investment Partners director Mark Listeners with

646
00:30:06,120 --> 00:30:09,480
Speaker 2: US Mark Morning, Good morning, mate. So you've been around

647
00:30:09,520 --> 00:30:12,400
Speaker 2: a while. Put it into context. How sort of gobsmacked

648
00:30:12,440 --> 00:30:12,800
Speaker 2: were you?

649
00:30:14,720 --> 00:30:17,360
Speaker 20: Well, it was pretty interesting to wake up on Saturday

650
00:30:17,360 --> 00:30:20,320
Speaker 20: and see that the market had fallen another six percent

651
00:30:20,400 --> 00:30:23,040
Speaker 20: on the Friday session in the US, because we obviously.

652
00:30:22,760 --> 00:30:24,520
Speaker 18: Had that really rough Thursday.

653
00:30:24,520 --> 00:30:28,000
Speaker 20: That was actually the biggest daily fall since the COVID period.

654
00:30:28,040 --> 00:30:30,640
Speaker 20: That came in the wake of the Liberation Day announcements,

655
00:30:30,680 --> 00:30:33,760
Speaker 20: and then on Friday, I think there was an expectation

656
00:30:33,880 --> 00:30:38,000
Speaker 20: you might see a more stable session, but then Beijing

657
00:30:38,160 --> 00:30:42,080
Speaker 20: responded with its own retaliatory tariffs, so then you saw

658
00:30:42,120 --> 00:30:44,840
Speaker 20: the S and P five hundred and fall another six percent.

659
00:30:44,960 --> 00:30:48,160
Speaker 20: So in those two days, down ten and a half percent.

660
00:30:48,280 --> 00:30:50,600
Speaker 20: I went back and looked through the last eighty odd

661
00:30:50,720 --> 00:30:54,160
Speaker 20: years of data. The only other times that's happened is

662
00:30:54,200 --> 00:30:57,640
Speaker 20: March twenty twenty. It happened once. Then once in two

663
00:30:57,640 --> 00:30:59,640
Speaker 20: thousand and eight, right in the middle of the GFC

664
00:31:00,200 --> 00:31:03,240
Speaker 20: and then in October nineteen eighty seven obviously Black Monday,

665
00:31:03,360 --> 00:31:06,160
Speaker 20: so it's pretty rare for things to fall as much

666
00:31:06,200 --> 00:31:07,640
Speaker 20: as that in a two day period.

667
00:31:07,760 --> 00:31:10,760
Speaker 2: What would you expect today, given we, all things considered,

668
00:31:10,800 --> 00:31:12,240
Speaker 2: came out last week pretty well.

669
00:31:13,360 --> 00:31:14,680
Speaker 1: We came out very well.

670
00:31:14,760 --> 00:31:17,400
Speaker 20: The New Zealand market was down just half a percent

671
00:31:17,560 --> 00:31:20,640
Speaker 20: last week, the US down nine percent, Europe down eight

672
00:31:20,680 --> 00:31:22,880
Speaker 20: and a half percent, the UK down seven percent.

673
00:31:22,960 --> 00:31:23,800
Speaker 1: That's for the week.

674
00:31:24,040 --> 00:31:26,080
Speaker 20: We were just down half percent, So we held up

675
00:31:26,160 --> 00:31:29,040
Speaker 20: very well. We will play some catch up this morning

676
00:31:29,120 --> 00:31:32,120
Speaker 20: because that nervousness that hit the US market on Friday

677
00:31:32,560 --> 00:31:35,160
Speaker 20: will filter through to US, but I think we will

678
00:31:35,200 --> 00:31:37,440
Speaker 20: still hold up better. You know, we're not in the

679
00:31:37,480 --> 00:31:41,200
Speaker 20: firing line. We don't have those sort of tariffs impacting

680
00:31:41,280 --> 00:31:44,200
Speaker 20: us directly. We don't have all of those tech stocks,

681
00:31:44,240 --> 00:31:47,640
Speaker 20: which is really where the weakness is coming from. So

682
00:31:48,680 --> 00:31:52,800
Speaker 20: our safer, more steadier market I think will it'll fall,

683
00:31:52,960 --> 00:31:54,640
Speaker 20: but it might hold up a little bit better than

684
00:31:54,640 --> 00:31:56,200
Speaker 20: some of those international ones.

685
00:31:56,040 --> 00:31:56,920
Speaker 3: You mentioned China.

686
00:31:57,000 --> 00:32:00,480
Speaker 2: What did the EU come out tonight ish the week

687
00:32:00,520 --> 00:32:03,480
Speaker 2: and go where in two with retaliatory.

688
00:32:04,320 --> 00:32:06,719
Speaker 20: Well, that's when things get worse, and that's when some

689
00:32:06,840 --> 00:32:09,920
Speaker 20: of this talk of a potential global recession or a

690
00:32:10,080 --> 00:32:13,960
Speaker 20: US recession, that's when you get that escalation. So right now,

691
00:32:13,960 --> 00:32:17,360
Speaker 20: I think things are quite finely balanced. If you see,

692
00:32:18,360 --> 00:32:21,000
Speaker 20: if you see negotiations happening behind the scenes, and there

693
00:32:21,040 --> 00:32:24,200
Speaker 20: was talk of negotiations. Apparently Vietnam, which was one of

694
00:32:24,200 --> 00:32:27,760
Speaker 20: the hardest hits by tariffs, Vietnam is in negotiations with

695
00:32:27,840 --> 00:32:30,400
Speaker 20: the US, and so you might see some positive news there.

696
00:32:30,760 --> 00:32:33,160
Speaker 20: But if you see other countries take the action that

697
00:32:33,280 --> 00:32:36,920
Speaker 20: China has, then it just becomes tip for tat escalation

698
00:32:37,000 --> 00:32:39,960
Speaker 20: and that's where things get uglier. So I think the

699
00:32:40,040 --> 00:32:42,760
Speaker 20: market for the next little while will be very very

700
00:32:42,800 --> 00:32:46,440
Speaker 20: sensitive to any comment or news flow about whether you're

701
00:32:46,440 --> 00:32:51,320
Speaker 20: getting more retaliatory action or whether you're seeing some of

702
00:32:51,360 --> 00:32:54,440
Speaker 20: these politicians come to these sensors and try and do deals.

703
00:32:54,880 --> 00:32:57,560
Speaker 2: Appreciate your expertise as always, make list of Craig's investment

704
00:32:57,560 --> 00:32:58,920
Speaker 2: partners direct to ten Part.

705
00:32:58,840 --> 00:32:59,720
Speaker 3: Seven high Gear.

706
00:33:00,160 --> 00:33:02,320
Speaker 2: We'll have movement where we got movement on the granny

707
00:33:02,320 --> 00:33:04,240
Speaker 2: flat front. So you might remember the change was made

708
00:33:04,280 --> 00:33:06,760
Speaker 2: whereby you could build a small dwelling without consent that

709
00:33:06,880 --> 00:33:09,600
Speaker 2: was set at sixty square meters while public feedback is seen.

710
00:33:09,640 --> 00:33:11,880
Speaker 2: It moved now to seventy square meters, apparently Housing Minister

711
00:33:11,960 --> 00:33:15,720
Speaker 2: Chris Bishop, well, this very good morning. No science to it.

712
00:33:15,760 --> 00:33:17,640
Speaker 2: I take it, just a vibe. It could be sixty,

713
00:33:17,640 --> 00:33:19,640
Speaker 2: could be seventy, could be eighty two and a half.

714
00:33:20,280 --> 00:33:23,640
Speaker 21: There could be fifty, could be ninety. We've had quite

715
00:33:23,640 --> 00:33:25,360
Speaker 21: a bit of feedback from the market and from people

716
00:33:25,400 --> 00:33:28,880
Speaker 21: who submitted that sixty was a bit small worth going

717
00:33:28,920 --> 00:33:30,440
Speaker 21: up to seventy just give you a bit more full

718
00:33:30,520 --> 00:33:33,760
Speaker 21: space and more of a lounge with a couple of bedrooms.

719
00:33:33,760 --> 00:33:36,200
Speaker 21: So we've done that and it's gone down pretty well.

720
00:33:36,320 --> 00:33:38,720
Speaker 2: Okay, having said that, a lot of people have texted

721
00:33:38,760 --> 00:33:41,120
Speaker 2: already this morning, why not a dwelling plus a garage

722
00:33:41,200 --> 00:33:42,080
Speaker 2: or something similar.

723
00:33:42,120 --> 00:33:42,760
Speaker 3: I built one.

724
00:33:42,800 --> 00:33:45,120
Speaker 2: For example, I built a barn with one hundred square meters.

725
00:33:45,360 --> 00:33:47,280
Speaker 2: I cannot, for the life of me see the difference

726
00:33:47,320 --> 00:33:49,720
Speaker 2: between one hundred and sixty or fifty. It's a barn,

727
00:33:49,840 --> 00:33:51,360
Speaker 2: I built it. Well, it's fine.

728
00:33:53,120 --> 00:33:56,120
Speaker 21: Yeah, Well then you're getting in literally to just building houses, right,

729
00:33:56,160 --> 00:33:57,960
Speaker 21: So they put the point of the granny flat thing

730
00:33:58,040 --> 00:33:59,720
Speaker 21: is to make it really simple for people just to

731
00:33:59,720 --> 00:34:02,120
Speaker 21: add a bit of it necessary dwelling out the back

732
00:34:02,240 --> 00:34:07,280
Speaker 21: the all two bedroom unit for older kids or for grandparents,

733
00:34:07,320 --> 00:34:11,319
Speaker 21: you know, for literally grannies or granddads, or you know

734
00:34:11,440 --> 00:34:13,680
Speaker 21: a bit of extra optionality at the back. So it's

735
00:34:13,719 --> 00:34:16,000
Speaker 21: designed to add to housing supply in a low cost

736
00:34:16,040 --> 00:34:18,160
Speaker 21: way by making sure that you get rid of the

737
00:34:18,200 --> 00:34:20,719
Speaker 21: resource consent and the building consent requirements to get things

738
00:34:20,800 --> 00:34:23,879
Speaker 21: underway quickly, make it easy once you start building instead

739
00:34:23,960 --> 00:34:25,920
Speaker 21: under in fifty square made of places you're looking at

740
00:34:26,040 --> 00:34:28,920
Speaker 21: you big infrastructure costs you're looking at basically building houses

741
00:34:28,960 --> 00:34:30,239
Speaker 21: and subdividing.

742
00:34:30,160 --> 00:34:33,360
Speaker 2: Doesn't what's your assessment of the risk factor going forward.

743
00:34:33,440 --> 00:34:35,400
Speaker 2: So I turn up at a house to buy, I

744
00:34:35,440 --> 00:34:37,200
Speaker 2: see this thing out in the back. I got no

745
00:34:37,280 --> 00:34:39,399
Speaker 2: clue whether it's any good or not apart from Bruce

746
00:34:39,440 --> 00:34:41,880
Speaker 2: who's selling me the house is no mate. I built

747
00:34:41,880 --> 00:34:43,280
Speaker 2: it viewed what happens.

748
00:34:43,320 --> 00:34:47,120
Speaker 21: Then it has to be built by licensed building practitioner

749
00:34:47,160 --> 00:34:48,560
Speaker 21: and you have to be able to prove that. You

750
00:34:48,600 --> 00:34:51,320
Speaker 21: have to have a certificate of fitness and all of

751
00:34:51,360 --> 00:34:54,400
Speaker 21: the stuff that goes alongside that. You don't need a

752
00:34:54,440 --> 00:34:56,360
Speaker 21: resource consent, but you still do need to tell the

753
00:34:56,400 --> 00:34:58,200
Speaker 21: council that you're doing the work before you do it,

754
00:34:58,239 --> 00:35:00,359
Speaker 21: and then once it's finished, and then it go on

755
00:35:00,360 --> 00:35:03,440
Speaker 21: to what's called a pin not rather than a limb,

756
00:35:04,120 --> 00:35:06,040
Speaker 21: so the council knows that you've got it, and that's

757
00:35:06,120 --> 00:35:09,840
Speaker 21: that way they can potentially charge you for infrastructure that

758
00:35:10,640 --> 00:35:13,640
Speaker 21: an infrastructure charge or development contribution or whatever happens as well.

759
00:35:13,760 --> 00:35:16,160
Speaker 21: So you don't need a building consent, you don't need

760
00:35:16,160 --> 00:35:18,279
Speaker 21: a resource consent. It makes it a lot simpler and

761
00:35:18,320 --> 00:35:21,560
Speaker 21: easier to do, but there are still some requirements. You

762
00:35:21,560 --> 00:35:23,680
Speaker 21: can't just go around willing nearly allowing people just to

763
00:35:23,760 --> 00:35:26,400
Speaker 21: chuck up random buildings at the back of their property.

764
00:35:26,440 --> 00:35:27,720
Speaker 21: You do need to have some oversight.

765
00:35:28,000 --> 00:35:30,520
Speaker 2: You're in Singapore last week, a small island nation of

766
00:35:30,560 --> 00:35:32,640
Speaker 2: five million people. Did you get a sense of what

767
00:35:32,840 --> 00:35:33,319
Speaker 2: could be.

768
00:35:35,320 --> 00:35:35,920
Speaker 21: Extraordinary?

769
00:35:35,960 --> 00:35:36,200
Speaker 9: Place?

770
00:35:36,239 --> 00:35:40,040
Speaker 21: Isn't it? It really is? And what I like about

771
00:35:40,080 --> 00:35:42,320
Speaker 21: them is the sense of ambition they've got as a country.

772
00:35:42,719 --> 00:35:45,239
Speaker 21: They don't want to be poor. In nineteen sixty they

773
00:35:45,320 --> 00:35:48,400
Speaker 21: were basically a country the size of Lake Taupo, and

774
00:35:48,440 --> 00:35:51,440
Speaker 21: they were basically shacks and hovels, and they decided that

775
00:35:51,480 --> 00:35:53,200
Speaker 21: they wanted to be wealthy and they went for it.

776
00:35:53,360 --> 00:35:55,279
Speaker 21: That is the place New Zealand could be if we

777
00:35:55,320 --> 00:35:56,040
Speaker 21: put our minds to.

778
00:35:56,000 --> 00:35:56,800
Speaker 3: It good stuff.

779
00:35:56,880 --> 00:35:59,360
Speaker 2: You should all buy as tickets actually to Singapore so

780
00:35:59,440 --> 00:36:01,319
Speaker 2: we can go and if you haven't been, go and

781
00:36:01,360 --> 00:36:04,040
Speaker 2: experience it, and you come back you'll be a changed person.

782
00:36:04,120 --> 00:36:04,680
Speaker 3: Chris Bishop.

783
00:36:04,680 --> 00:36:07,879
Speaker 2: The Housing minutes to thirteen minutes past seven postcar poll,

784
00:36:08,000 --> 00:36:10,440
Speaker 2: second one for the week Courier out over the weekend,

785
00:36:10,480 --> 00:36:13,200
Speaker 2: taken between the end of March beginning of April. National

786
00:36:13,200 --> 00:36:15,560
Speaker 2: thirty three and a half, Labour twenty nine point eight.

787
00:36:15,640 --> 00:36:19,040
Speaker 2: So that's psychological. The Greens eleven, this is another one

788
00:36:19,040 --> 00:36:20,640
Speaker 2: of these poles. I don't really believe, but I give

789
00:36:20,640 --> 00:36:23,719
Speaker 2: them to you anyway. The Greens eleven Act ten up

790
00:36:23,760 --> 00:36:27,000
Speaker 2: two point three. Really that amount of movement for what

791
00:36:27,520 --> 00:36:29,799
Speaker 2: no particular reason you Zealand first seven point four up

792
00:36:29,800 --> 00:36:31,200
Speaker 2: two point three. So in other words, there's been a

793
00:36:31,280 --> 00:36:34,640
Speaker 2: five point swing, most of which appears to have come

794
00:36:34,680 --> 00:36:37,960
Speaker 2: from the Labor Party. So Labor voters suddenly Upton left

795
00:36:38,000 --> 00:36:41,000
Speaker 2: for Act did they you see my point? To party

796
00:36:41,080 --> 00:36:43,680
Speaker 2: Murray down two point two anyway, The upshot of the

797
00:36:43,680 --> 00:36:47,399
Speaker 2: poll is the government retains power fourteen past the.

798
00:36:47,560 --> 00:36:51,799
Speaker 1: Like Asking Breakfast Full Show podcast on iHeartRadio powered by

799
00:36:51,920 --> 00:36:52,719
Speaker 1: News talks.

800
00:36:52,440 --> 00:36:53,680
Speaker 3: At b HI.

801
00:36:53,760 --> 00:36:56,279
Speaker 2: Mike, You're analysis of the poll voter movement wasn't quite right.

802
00:36:56,320 --> 00:36:58,919
Speaker 2: More likely it's the five percent of dissolution national voters

803
00:36:58,960 --> 00:37:01,200
Speaker 2: have moved their vote to at New Zealand. The first well,

804
00:37:01,200 --> 00:37:05,160
Speaker 2: you're wrong, Nick, because National didn't move, Labor move, Labor

805
00:37:05,200 --> 00:37:07,879
Speaker 2: lost support and the other two gained. You can't gain

806
00:37:07,960 --> 00:37:10,200
Speaker 2: support from a party that didn't move.

807
00:37:10,400 --> 00:37:13,319
Speaker 11: Or what if they did lose some and then got

808
00:37:13,320 --> 00:37:14,400
Speaker 11: it back off labor.

809
00:37:14,719 --> 00:37:17,120
Speaker 2: And what also happened was the pole last time would

810
00:37:17,120 --> 00:37:19,600
Speaker 2: have been different because poles the time before were different

811
00:37:19,600 --> 00:37:21,239
Speaker 2: and all that happened last time. When you went a

812
00:37:21,320 --> 00:37:23,000
Speaker 2: drop is you got a gain, and where you got

813
00:37:23,000 --> 00:37:25,640
Speaker 2: a gain, you got to drop and round and round

814
00:37:25,680 --> 00:37:29,960
Speaker 2: It goes seventeen past seven, So interesting read on shopping habits.

815
00:37:30,000 --> 00:37:33,160
Speaker 2: Quevybank thinks spending on sites like Timu and Shine could

816
00:37:33,200 --> 00:37:35,600
Speaker 2: be stabilizing. But boy, that's made the impact there, hasn't it.

817
00:37:35,680 --> 00:37:37,920
Speaker 2: So when you look at imports of small cheap goods,

818
00:37:38,280 --> 00:37:40,160
Speaker 2: they're up by a third last year, more than double

819
00:37:40,200 --> 00:37:42,479
Speaker 2: in the past five years. First Retail Group Managing director

820
00:37:42,560 --> 00:37:44,520
Speaker 2: Chris Wilkinson's well this Chris, very good morning.

821
00:37:44,280 --> 00:37:45,880
Speaker 1: To you good morning, Mike.

822
00:37:46,040 --> 00:37:48,920
Speaker 2: So what you read, it's stabilized at what a high level.

823
00:37:48,960 --> 00:37:50,799
Speaker 2: It's here to stay. It is what it is.

824
00:37:51,560 --> 00:37:55,080
Speaker 17: Yeah, absolutely, customers a consumers are getting accustomed to this

825
00:37:55,320 --> 00:37:56,520
Speaker 17: and it's becoming a pattern.

826
00:37:57,000 --> 00:38:02,000
Speaker 2: Is it segment or sector specific or just you can

827
00:38:02,040 --> 00:38:04,600
Speaker 2: buy anything on it and a certain percentage of people do.

828
00:38:05,640 --> 00:38:05,839
Speaker 1: Yeah.

829
00:38:05,840 --> 00:38:10,200
Speaker 17: Team who's reach is particularly strong in small items, those

830
00:38:10,320 --> 00:38:13,040
Speaker 17: variety type items, the likes of the products the warehouse

831
00:38:13,080 --> 00:38:15,640
Speaker 17: are selling. But then we've got shine as well, which

832
00:38:15,680 --> 00:38:19,320
Speaker 17: is in terms of categories, that's your apparel category.

833
00:38:19,840 --> 00:38:20,120
Speaker 3: Right.

834
00:38:20,440 --> 00:38:22,640
Speaker 2: The whole argument they're doing this in Australia with their

835
00:38:22,640 --> 00:38:25,440
Speaker 2: election campaign at the moment, buying Australia and being patriotic

836
00:38:25,480 --> 00:38:27,680
Speaker 2: and stuff. Is that dead in the water. Initially you

837
00:38:27,719 --> 00:38:29,680
Speaker 2: can say it and everyone goes, oh, yes, I like

838
00:38:29,719 --> 00:38:31,880
Speaker 2: to support that, but in reality we buy cheap, We

839
00:38:31,920 --> 00:38:33,920
Speaker 2: love cheap, and that's the beginning, middle and end of it.

840
00:38:34,800 --> 00:38:38,040
Speaker 17: Free mics through COVID we saw that strength of local support,

841
00:38:38,040 --> 00:38:41,359
Speaker 17: but that only lasted for so long. Price is really

842
00:38:41,360 --> 00:38:42,440
Speaker 17: a big driver for people.

843
00:38:42,840 --> 00:38:44,880
Speaker 2: Do you know anything about the Deminimus thing? You know

844
00:38:44,920 --> 00:38:47,160
Speaker 2: in America they've had this great debate. Are we missing

845
00:38:47,200 --> 00:38:49,279
Speaker 2: out on tremendous amounts of tax in this country by

846
00:38:49,280 --> 00:38:51,040
Speaker 2: bringing in stuff we could buy here.

847
00:38:52,680 --> 00:38:54,960
Speaker 17: Yeah, there is an argument for that. I mean, we

848
00:38:55,000 --> 00:38:57,560
Speaker 17: are charging GST on these products, so at least the

849
00:38:57,600 --> 00:38:59,839
Speaker 17: government is getting some bite at.

850
00:38:59,760 --> 00:39:02,359
Speaker 2: Their Okay, what's you read on retail at the moment

851
00:39:02,360 --> 00:39:03,880
Speaker 2: we sing light at the end of the tunnel or not.

852
00:39:04,360 --> 00:39:06,919
Speaker 17: Ah, here there are some glimmers. It's still very tough

853
00:39:07,000 --> 00:39:08,720
Speaker 17: that I think that. You know, we've got the government

854
00:39:08,760 --> 00:39:11,319
Speaker 17: spending again now and that's been a really important thing.

855
00:39:11,680 --> 00:39:14,160
Speaker 2: Okay, good on you, Chris, appreciate time. Chris Wilkinson, first

856
00:39:14,160 --> 00:39:17,640
Speaker 2: Retail Group managing. By the way, speaking of the polls

857
00:39:17,680 --> 00:39:19,839
Speaker 2: in Australia, so two poles out this morning. The swing

858
00:39:19,920 --> 00:39:23,160
Speaker 2: to labor's real ever since they called an election. It's

859
00:39:23,200 --> 00:39:26,880
Speaker 2: almost like people dabble with poles and they'll say anything

860
00:39:26,880 --> 00:39:29,719
Speaker 2: they want and then when the election calls and it

861
00:39:29,760 --> 00:39:34,080
Speaker 2: actually counts, people go right focus. So Labor's searched. So

862
00:39:34,280 --> 00:39:36,120
Speaker 2: Labor looks if you believe the polls at the moment

863
00:39:36,120 --> 00:39:38,399
Speaker 2: and all the poles are the same, Labor will win

864
00:39:38,480 --> 00:39:40,880
Speaker 2: the election. So no minority Labor will win the election.

865
00:39:41,440 --> 00:39:45,840
Speaker 2: So much so that Dutton yesterday in a complete about turn.

866
00:39:45,920 --> 00:39:48,480
Speaker 2: One of his policies was people would be getting back

867
00:39:48,520 --> 00:39:50,319
Speaker 2: to the office. Public servants would have to come into

868
00:39:50,320 --> 00:39:54,480
Speaker 2: the office. That was a policy yesterday gone, don't have

869
00:39:54,480 --> 00:39:57,800
Speaker 2: to come to the office. Ebra again, that's macks of desperation.

870
00:39:58,120 --> 00:39:59,359
Speaker 2: It is seven twenty.

871
00:40:01,040 --> 00:40:05,680
Speaker 1: The mic Asking Breakfast Full Show podcast on iHeartRadio. Call

872
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873
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876
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877
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878
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879
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881
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882
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883
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884
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885
00:40:46,719 --> 00:40:49,360
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886
00:40:49,400 --> 00:40:51,880
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890
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891
00:41:01,920 --> 00:41:04,960
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892
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893
00:41:08,360 --> 00:41:12,799
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894
00:41:12,840 --> 00:41:15,040
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895
00:41:15,080 --> 00:41:18,239
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896
00:41:18,800 --> 00:41:21,200
Speaker 2: seven twenty four Trety Principles bill on its way to

897
00:41:21,239 --> 00:41:23,480
Speaker 2: the gallows as the Select Committee came back Friday and

898
00:41:23,520 --> 00:41:26,200
Speaker 2: suggested it wasn't getting its support. It was voted past

899
00:41:26,239 --> 00:41:28,239
Speaker 2: first reading. Of course it won't get passed round two.

900
00:41:28,600 --> 00:41:31,480
Speaker 2: What I learned out of this was several things. One,

901
00:41:31,600 --> 00:41:33,280
Speaker 2: this country is not up for much of a debate

902
00:41:33,280 --> 00:41:36,240
Speaker 2: around complex and big ideas. We are myopic in our approach,

903
00:41:36,280 --> 00:41:40,000
Speaker 2: we hate or we love, and middle ground as irrelevant.

904
00:41:40,239 --> 00:41:42,600
Speaker 2: There was a venom and aggressiveness to a lot of

905
00:41:42,640 --> 00:41:44,879
Speaker 2: the submissions to what else did I learn from those

906
00:41:44,920 --> 00:41:48,400
Speaker 2: who submitted that actually knew what they were talking about

907
00:41:48,600 --> 00:41:51,040
Speaker 2: as opposed to people nearly offering an opinion. It very

908
00:41:51,080 --> 00:41:56,040
Speaker 2: quickly became clear there is massive, massive disagreement over interpretation. Now,

909
00:41:56,080 --> 00:41:59,120
Speaker 2: but these were the scholars, the lawyers, the historians, experts.

910
00:41:59,440 --> 00:42:02,240
Speaker 2: They couldn't now. That to me was the big, big clue.

911
00:42:02,320 --> 00:42:05,279
Speaker 2: If the learned can't agree, surely that means we need

912
00:42:05,320 --> 00:42:08,239
Speaker 2: something legally speaking to define what we're dealing with. There

913
00:42:08,280 --> 00:42:10,240
Speaker 2: is a major case in christ Church at the moment

914
00:42:10,520 --> 00:42:13,279
Speaker 2: between Night Tahoo and the Crown over water rights. It

915
00:42:13,320 --> 00:42:15,400
Speaker 2: is in the court because there is nothing definitive in

916
00:42:15,480 --> 00:42:17,360
Speaker 2: law as to what the treaty does and doesn't do.

917
00:42:17,760 --> 00:42:20,480
Speaker 2: We seem to accept that the Parliament is the ultimate court.

918
00:42:20,840 --> 00:42:22,880
Speaker 2: Yet on the treaty we appear happy to litigate for

919
00:42:22,960 --> 00:42:25,680
Speaker 2: decade after decade, have a tribunal that's wildly tainted and

920
00:42:25,719 --> 00:42:27,799
Speaker 2: nothing like a proper court. And each and every time

921
00:42:27,840 --> 00:42:29,719
Speaker 2: we dabble in this area, you and I are picking

922
00:42:29,760 --> 00:42:32,200
Speaker 2: up the tab. The other outworking, of course, is the

923
00:42:32,280 --> 00:42:34,920
Speaker 2: ongoing grief and ans. This is a very divided country

924
00:42:34,920 --> 00:42:37,279
Speaker 2: at the moment. This is not a harmonious nation with

925
00:42:37,400 --> 00:42:40,880
Speaker 2: an agreed legal stance around the treaty. But putting it

926
00:42:40,920 --> 00:42:42,960
Speaker 2: out to a vote the way Act wanted was a mistake.

927
00:42:43,000 --> 00:42:44,759
Speaker 2: It's too important for that. I mean, peck and mixed

928
00:42:44,760 --> 00:42:47,719
Speaker 2: democracy never works. The other thing I learned politically is

929
00:42:47,760 --> 00:42:49,719
Speaker 2: it should never have seen the light of day if

930
00:42:49,719 --> 00:42:51,279
Speaker 2: it wasn't going all the way. This goes to the

931
00:42:51,360 --> 00:42:53,960
Speaker 2: luxe and negotiation skills or lack of them. It was

932
00:42:54,040 --> 00:42:57,360
Speaker 2: either dead before it started or it got the full treatment.

933
00:42:57,680 --> 00:43:00,920
Speaker 2: What we got with is half baked, deeply divided mess

934
00:43:00,920 --> 00:43:03,680
Speaker 2: that ended up achieving basically nothing. Even those who argue

935
00:43:03,719 --> 00:43:07,040
Speaker 2: all but it started the debate, you're wrong because if

936
00:43:07,040 --> 00:43:08,880
Speaker 2: it's floated for another day, and it may well be,

937
00:43:09,360 --> 00:43:12,520
Speaker 2: we won't carry on where we left off. We'll have

938
00:43:12,560 --> 00:43:15,799
Speaker 2: to start all over again, asking Mike stayed in one

939
00:43:15,840 --> 00:43:17,840
Speaker 2: of the apartments in Singapore for a week. The apartment

940
00:43:17,880 --> 00:43:19,680
Speaker 2: was a house in the air, one hundred and eighty

941
00:43:19,719 --> 00:43:22,040
Speaker 2: squares dex al around, but no garaging, no way to

942
00:43:22,040 --> 00:43:24,359
Speaker 2: move with freedom. Like New Zealand, we love standalone homes

943
00:43:24,400 --> 00:43:26,200
Speaker 2: with a garage for our three cars. Our lifestyle is

944
00:43:26,239 --> 00:43:29,440
Speaker 2: too different to compare. Mal wrong wrong, wrong, wrong. You

945
00:43:29,480 --> 00:43:33,279
Speaker 2: will not find the person who is more spookish on

946
00:43:33,320 --> 00:43:35,640
Speaker 2: Singapore than I am. You're correct to say that a

947
00:43:35,640 --> 00:43:37,719
Speaker 2: lot of people live in apartments of one hundred percent correct.

948
00:43:37,760 --> 00:43:40,239
Speaker 2: You're also probably correct to suggest you can get a

949
00:43:40,280 --> 00:43:42,560
Speaker 2: regular house the way we would understand it, with a

950
00:43:42,640 --> 00:43:45,799
Speaker 2: garden and some palm trees. But you'll be paying many, many, many,

951
00:43:45,840 --> 00:43:48,520
Speaker 2: many many millions of dollars for it, because the reason

952
00:43:48,560 --> 00:43:51,080
Speaker 2: you pay so much for housing in Singapore is quite

953
00:43:51,080 --> 00:43:53,640
Speaker 2: simply it's a tiny place and there's five million people

954
00:43:53,640 --> 00:43:55,840
Speaker 2: in it. However, also, you are not going to be

955
00:43:55,880 --> 00:43:58,239
Speaker 2: able to afford a car because they're extraordinarily expensive. But

956
00:43:58,239 --> 00:44:00,600
Speaker 2: then again you don't need a car because taxis are

957
00:44:00,640 --> 00:44:03,360
Speaker 2: do it cheap and the public transport system is fantastic.

958
00:44:03,400 --> 00:44:08,080
Speaker 2: But what Singapore offers us all is a picture of

959
00:44:08,120 --> 00:44:10,120
Speaker 2: the future of what could be now. It doesn't have

960
00:44:10,200 --> 00:44:12,800
Speaker 2: to be specifically the same as Singapore, but Chris Bishop

961
00:44:12,880 --> 00:44:16,000
Speaker 2: nailed it, and anyone who ever goes to Singapore sees

962
00:44:16,000 --> 00:44:19,520
Speaker 2: the same thing. It's about spirit and it's about aspiration.

963
00:44:20,040 --> 00:44:22,040
Speaker 2: Read the history of the place where they were and

964
00:44:22,080 --> 00:44:25,200
Speaker 2: where they are now, and leek one, you said we're

965
00:44:25,280 --> 00:44:28,359
Speaker 2: poor we're third world. This has to end, and we're

966
00:44:28,400 --> 00:44:30,120
Speaker 2: going to save our way to prosperity.

967
00:44:30,520 --> 00:44:31,520
Speaker 3: And everyone went.

968
00:44:31,400 --> 00:44:33,120
Speaker 10: No, no, no, We're too poor.

969
00:44:33,160 --> 00:44:35,200
Speaker 3: We can't afford to save no way.

970
00:44:36,080 --> 00:44:38,239
Speaker 2: Thirty forty years later, they've don't what to do with

971
00:44:38,280 --> 00:44:39,920
Speaker 2: all the money. They're a magnet for the world.

972
00:44:39,920 --> 00:44:40,359
Speaker 3: They are a.

973
00:44:40,320 --> 00:44:44,399
Speaker 2: Classic example of being a hub of inventing themselves into

974
00:44:44,440 --> 00:44:47,960
Speaker 2: a hub of producing nothing and yet still having the

975
00:44:48,000 --> 00:44:50,799
Speaker 2: whole world come knock at their door and go, how

976
00:44:50,840 --> 00:44:53,680
Speaker 2: come you guys got to be so damned successful? They

977
00:44:53,719 --> 00:44:56,920
Speaker 2: are a great story to study news for you in

978
00:44:56,960 --> 00:44:57,879
Speaker 2: a couple of moments than.

979
00:44:57,840 --> 00:45:03,480
Speaker 10: The Prime ministers in the studio, learning is a.

980
00:45:03,600 --> 00:45:10,719
Speaker 1: Little New Zealand's voice of reason is Mike the Mic

981
00:45:10,800 --> 00:45:15,600
Speaker 1: asking Breakfast with a Vita, retirement, communities, Life your Way, News,

982
00:45:15,640 --> 00:45:16,440
Speaker 1: togs Head been.

983
00:45:16,440 --> 00:45:19,400
Speaker 2: Twenty three minutes away, promote mother Morning of course of company,

984
00:45:19,400 --> 00:45:21,800
Speaker 2: Bobs after the band and travel and Jason Pine.

985
00:45:21,800 --> 00:45:23,520
Speaker 3: Meantime, your Prime Minister is with us.

986
00:45:23,520 --> 00:45:25,719
Speaker 10: Good to see you.

987
00:45:24,200 --> 00:45:28,600
Speaker 2: But do you expect to see a global recession?

988
00:45:29,360 --> 00:45:31,160
Speaker 19: I think the tariffs and trade wars are going to

989
00:45:31,239 --> 00:45:34,560
Speaker 19: cause huge pressure economically, no doubt about it.

990
00:45:34,120 --> 00:45:36,040
Speaker 9: It'll lead to rising.

991
00:45:35,800 --> 00:45:38,680
Speaker 19: Inflation, there'll be currency challenges, there'll be slow down and

992
00:45:38,760 --> 00:45:41,040
Speaker 19: economic growth. And that's why we just don't think it's

993
00:45:41,040 --> 00:45:42,799
Speaker 19: the right thing. You know, tariff's trade war is not

994
00:45:42,800 --> 00:45:43,680
Speaker 19: the way to go forward.

995
00:45:44,360 --> 00:45:45,719
Speaker 9: Actually hurts lots.

996
00:45:45,440 --> 00:45:47,759
Speaker 19: Of countries, all countries, I think ultimately, and so it's

997
00:45:47,760 --> 00:45:48,520
Speaker 19: a real challenge.

998
00:45:48,600 --> 00:45:50,920
Speaker 2: Do you expect the EU to come back like China

999
00:45:50,920 --> 00:45:51,800
Speaker 2: has over the weekend?

1000
00:45:51,880 --> 00:45:53,960
Speaker 19: Yeah, I mean that the noises everyone wants to go

1001
00:45:54,000 --> 00:45:56,120
Speaker 19: into full retaliatory mode and trade war mode, and I

1002
00:45:56,160 --> 00:45:58,800
Speaker 19: just think that's going to be bad, bad outcomes for everybody.

1003
00:45:59,000 --> 00:46:00,600
Speaker 19: You've obviously got a lot of cut countries now that

1004
00:46:00,680 --> 00:46:03,279
Speaker 19: have had the retaliatory higher rates of tariff's coming back

1005
00:46:03,280 --> 00:46:05,520
Speaker 19: to the government, you know, coming back to the Trump

1006
00:46:05,560 --> 00:46:08,359
Speaker 19: administration to say otherwise. But I mean it's interesting, Mike,

1007
00:46:08,400 --> 00:46:11,520
Speaker 19: having lived in the US, you know that private sector

1008
00:46:11,560 --> 00:46:13,520
Speaker 19: will slow up big time. It'll stop on a dime.

1009
00:46:13,560 --> 00:46:16,200
Speaker 19: And you've seen that even over the weekend. People don't

1010
00:46:16,200 --> 00:46:17,920
Speaker 19: buy the new car because the new car is going

1011
00:46:17,960 --> 00:46:20,799
Speaker 19: to be twenty five percent it's more expensive. Businesses don't

1012
00:46:20,800 --> 00:46:22,840
Speaker 19: go off and invest plant and capital and growth and

1013
00:46:22,880 --> 00:46:25,080
Speaker 19: actually start to sort of kick for touch rather than

1014
00:46:25,080 --> 00:46:27,000
Speaker 19: play to win and the only loser and all of

1015
00:46:27,000 --> 00:46:28,560
Speaker 19: that is going to be the US consumer. It's going

1016
00:46:28,600 --> 00:46:30,120
Speaker 19: to be paying a lot more and as a result,

1017
00:46:30,160 --> 00:46:33,239
Speaker 19: the US economy, when it's a quarter to a third

1018
00:46:33,280 --> 00:46:36,800
Speaker 19: of the total global economy, that has flow on effects everywhere.

1019
00:46:36,840 --> 00:46:39,799
Speaker 19: So you know, we are in quite good shape, you know,

1020
00:46:39,880 --> 00:46:42,360
Speaker 19: relatively speaking. I think we're quite well positioned with the

1021
00:46:42,400 --> 00:46:44,400
Speaker 19: product mix that we sell and the demand for our

1022
00:46:44,400 --> 00:46:47,000
Speaker 19: products and services, and that's why we're out in the

1023
00:46:47,000 --> 00:46:49,160
Speaker 19: world trying to drum up business and other places as well.

1024
00:46:49,280 --> 00:46:50,920
Speaker 3: Can you explain his logic?

1025
00:46:51,719 --> 00:46:51,839
Speaker 16: No?

1026
00:46:51,880 --> 00:46:54,080
Speaker 19: I mean, I just have been a person for a

1027
00:46:54,080 --> 00:46:56,359
Speaker 19: long time just doesn't believe that tariff's work. I mean,

1028
00:46:56,440 --> 00:46:58,480
Speaker 19: all that happens as you end up just piling on

1029
00:46:58,560 --> 00:47:01,560
Speaker 19: costs to the consumer and you're in country. It's the

1030
00:47:01,600 --> 00:47:04,040
Speaker 19: same reason why we won't retaliate with a ten percent

1031
00:47:04,320 --> 00:47:06,720
Speaker 19: tariff the other way, because Franklin's just hurts New Zealand

1032
00:47:06,719 --> 00:47:07,439
Speaker 19: workers big time.

1033
00:47:08,120 --> 00:47:12,080
Speaker 9: So it's not good. We disagree with the approach. It's

1034
00:47:12,160 --> 00:47:12,840
Speaker 9: not a surprise.

1035
00:47:12,960 --> 00:47:15,239
Speaker 19: I mean, the President campaigned very strongly on this through

1036
00:47:15,239 --> 00:47:18,360
Speaker 19: his election campaign. But rubbers hitting the road now because

1037
00:47:18,360 --> 00:47:21,799
Speaker 19: it will cause disruption economically, But I'd just say to you,

1038
00:47:21,920 --> 00:47:24,720
Speaker 19: I think relative to other countries, the kind of products

1039
00:47:24,719 --> 00:47:27,200
Speaker 19: we are selling are in huge demand across the endo

1040
00:47:27,280 --> 00:47:30,200
Speaker 19: Pacific region, and we have lots of places to sell

1041
00:47:30,239 --> 00:47:31,960
Speaker 19: products term and that's why I've been pushing.

1042
00:47:31,640 --> 00:47:34,240
Speaker 2: Do you see a material shift? So red meat's probably

1043
00:47:34,239 --> 00:47:36,120
Speaker 2: your best story. We sell now red meat to the

1044
00:47:36,200 --> 00:47:39,040
Speaker 2: Americans more than we sell to anybody in the world.

1045
00:47:39,120 --> 00:47:40,799
Speaker 2: Where does that red meat go? Does it go to

1046
00:47:40,880 --> 00:47:43,439
Speaker 2: America plus or does it go to somewhere else?

1047
00:47:43,440 --> 00:47:44,600
Speaker 9: For Look, here's the deal.

1048
00:47:45,040 --> 00:47:47,120
Speaker 19: You're right, red meats the number one export that we've

1049
00:47:47,160 --> 00:47:50,040
Speaker 19: got into the US. But when you talk to that sector,

1050
00:47:50,160 --> 00:47:52,279
Speaker 19: they have done a very good job of tailoring their

1051
00:47:52,280 --> 00:47:55,719
Speaker 19: products to American consumers. And you've got to remember in

1052
00:47:55,760 --> 00:47:58,439
Speaker 19: the US it's three hundred and sixty million people. You've

1053
00:47:58,440 --> 00:48:01,959
Speaker 19: got people that are recession proof, and if you find

1054
00:48:02,000 --> 00:48:05,960
Speaker 19: the right seam of gold, that is wealthy consumers that actually,

1055
00:48:06,120 --> 00:48:08,680
Speaker 19: you know, we haven't had a free trade agreement. We've

1056
00:48:08,760 --> 00:48:11,680
Speaker 19: out dealt with tariffs in the US system for some time,

1057
00:48:11,840 --> 00:48:14,920
Speaker 19: and our guys, through better targeting of their products and

1058
00:48:14,960 --> 00:48:17,480
Speaker 19: finding those niches, are able to get in there. Zespri

1059
00:48:17,640 --> 00:48:20,120
Speaker 19: for example, about to go launch full bore into the US.

1060
00:48:20,239 --> 00:48:22,080
Speaker 19: Spoke to them on the day of the tariffs and

1061
00:48:22,080 --> 00:48:25,239
Speaker 19: the night before. They still feel like this huge opportunity

1062
00:48:25,280 --> 00:48:28,440
Speaker 19: and so our nimbleness and our relative competitiveness compared to

1063
00:48:28,480 --> 00:48:31,439
Speaker 19: other countries I think means that people's experts still feel

1064
00:48:31,480 --> 00:48:34,040
Speaker 19: they can do well. But having said that, we want

1065
00:48:34,040 --> 00:48:36,920
Speaker 19: to double exports everywhere, that means trading and selling stuff everywhere.

1066
00:48:37,000 --> 00:48:39,439
Speaker 2: Okay, Truty, principles builders that go back to the house

1067
00:48:39,440 --> 00:48:39,880
Speaker 2: this week.

1068
00:48:40,600 --> 00:48:43,719
Speaker 19: It will come out of the Yes, it's coming back

1069
00:48:43,719 --> 00:48:45,640
Speaker 19: into the house this week.

1070
00:48:45,560 --> 00:48:46,520
Speaker 3: So as I did this week.

1071
00:48:47,000 --> 00:48:48,720
Speaker 19: Well, it'll be depending on the leader of the houses

1072
00:48:48,719 --> 00:48:50,880
Speaker 19: to when it's scheduled. But you know, it's got to

1073
00:48:50,880 --> 00:48:52,319
Speaker 19: come to an end. I think, you know, we've had

1074
00:48:52,320 --> 00:48:55,040
Speaker 19: an aeration of the issues. There's been strong views on

1075
00:48:55,080 --> 00:48:57,920
Speaker 19: all sides of that debate, and now we've got to

1076
00:48:57,920 --> 00:48:58,560
Speaker 19: bring it too close.

1077
00:48:58,719 --> 00:49:01,719
Speaker 2: Indeed, does it go back to you in some way,

1078
00:49:01,760 --> 00:49:05,359
Speaker 2: shape or form of your negotiating skills or lack of

1079
00:49:05,600 --> 00:49:08,839
Speaker 2: either back it and let it see it's or kill

1080
00:49:08,840 --> 00:49:10,759
Speaker 2: it one or the other, because what you've given this

1081
00:49:10,840 --> 00:49:13,360
Speaker 2: country is this half baked shambles.

1082
00:49:13,520 --> 00:49:15,799
Speaker 19: Basically, Well, I mean, we didn't want to do it

1083
00:49:15,840 --> 00:49:17,560
Speaker 19: at all. Act oneted to go to a full blow

1084
00:49:17,560 --> 00:49:20,359
Speaker 19: and referendum. We found the compromise, yep, I get it

1085
00:49:20,360 --> 00:49:23,040
Speaker 19: compromises what's necessary in an MP environment.

1086
00:49:22,640 --> 00:49:24,400
Speaker 3: Even if it achieves nothing of wasayte to everyone.

1087
00:49:24,560 --> 00:49:26,960
Speaker 19: Well, I mean, you know, from you know, the ACT

1088
00:49:27,000 --> 00:49:29,560
Speaker 19: point of view, there was an aeration of views on

1089
00:49:29,600 --> 00:49:30,759
Speaker 19: all sides, I guess.

1090
00:49:31,040 --> 00:49:32,839
Speaker 9: And you know now we're at a place where it's

1091
00:49:33,280 --> 00:49:33,960
Speaker 9: going to come to any end.

1092
00:49:34,600 --> 00:49:36,439
Speaker 3: But no regrets on your part.

1093
00:49:36,640 --> 00:49:39,480
Speaker 19: No, I mean like the reality of an immature MMP

1094
00:49:39,640 --> 00:49:42,200
Speaker 19: environment where you trying and bring three parties together that

1095
00:49:42,320 --> 00:49:44,160
Speaker 19: have a lot of policies that are aligned, but also

1096
00:49:44,200 --> 00:49:46,640
Speaker 19: have policies that are different and views that are different.

1097
00:49:47,080 --> 00:49:48,879
Speaker 19: You have to compromise and find a way through. That's

1098
00:49:48,880 --> 00:49:50,560
Speaker 19: what the needs and people demand us to do with

1099
00:49:50,600 --> 00:49:52,640
Speaker 19: an MP system that they've given us to work with.

1100
00:49:53,400 --> 00:49:55,520
Speaker 19: And so that does mean you've got compromise from time

1101
00:49:55,560 --> 00:49:57,480
Speaker 19: to time. It does mean that you've actually got you know,

1102
00:49:57,520 --> 00:49:59,960
Speaker 19: you go through like we have on Treuty Principles Bill,

1103
00:50:00,160 --> 00:50:02,320
Speaker 19: you know, an eerration of the views. People have strong

1104
00:50:02,400 --> 00:50:04,480
Speaker 19: views on all sides of it, but it is now

1105
00:50:04,480 --> 00:50:05,960
Speaker 19: time to bring it to a close and focus on

1106
00:50:06,000 --> 00:50:06,680
Speaker 19: what matters.

1107
00:50:06,440 --> 00:50:10,279
Speaker 2: Most, the Monawanui. The report came out Friday. As much

1108
00:50:10,280 --> 00:50:12,319
Speaker 2: as you don't want to criticize people who I'm sure

1109
00:50:12,360 --> 00:50:16,600
Speaker 2: went through very difficult times, does that in its microcosmic

1110
00:50:16,680 --> 00:50:19,400
Speaker 2: way not some up some of the problems of this country.

1111
00:50:19,440 --> 00:50:21,719
Speaker 2: People who weren't trained properly, shouldn't have been doing the

1112
00:50:21,840 --> 00:50:25,319
Speaker 2: job in a ship that wasn't certified properly and sink well,

1113
00:50:25,360 --> 00:50:27,160
Speaker 2: I think, you know, we want I mean, what part

1114
00:50:27,200 --> 00:50:28,240
Speaker 2: of that's a good news story.

1115
00:50:28,320 --> 00:50:29,800
Speaker 9: None of that's a good news story. I mean, the

1116
00:50:30,040 --> 00:50:30,880
Speaker 9: only good news.

1117
00:50:30,680 --> 00:50:32,719
Speaker 19: Story out of that is that seventy five people were

1118
00:50:32,760 --> 00:50:36,120
Speaker 19: able to keep their lives. And I actually, given the

1119
00:50:36,200 --> 00:50:38,880
Speaker 19: events of what actually happened at that moment, I thought,

1120
00:50:39,200 --> 00:50:40,520
Speaker 19: you know, we were at very high risk of having

1121
00:50:40,560 --> 00:50:42,640
Speaker 19: lost some people and that would have been absolutely just

1122
00:50:42,920 --> 00:50:46,440
Speaker 19: a different level of tragedy. Again, this is cat yes,

1123
00:50:46,480 --> 00:50:49,560
Speaker 19: and it's incredibly frustrating, and it's clearly this human era

1124
00:50:49,880 --> 00:50:52,799
Speaker 19: that's been the primary reason for this incident. But look,

1125
00:50:52,840 --> 00:50:55,000
Speaker 19: I mean, we have to invest in New Zealanders and

1126
00:50:55,040 --> 00:50:57,680
Speaker 19: we have to improve our capacity and our professionalism and

1127
00:50:58,040 --> 00:51:01,399
Speaker 19: our skills if we're going to act and create kids

1128
00:51:01,400 --> 00:51:04,040
Speaker 19: that are going to be AI leaders and build your

1129
00:51:04,080 --> 00:51:07,640
Speaker 19: four lane highway to f which you desperately need and want.

1130
00:51:08,280 --> 00:51:09,759
Speaker 19: How the hell a they supposed to do it? If

1131
00:51:09,760 --> 00:51:11,560
Speaker 19: half of them can't read by at the level they

1132
00:51:11,560 --> 00:51:14,359
Speaker 19: need to be for out of five can't do maths

1133
00:51:14,480 --> 00:51:15,480
Speaker 19: but sound they need to be.

1134
00:51:15,560 --> 00:51:16,520
Speaker 3: But that is New Zealand.

1135
00:51:16,600 --> 00:51:19,600
Speaker 2: Isn't it the ship that sinks manned by people who

1136
00:51:19,680 --> 00:51:20,720
Speaker 2: weren't trained properly?

1137
00:51:20,760 --> 00:51:20,840
Speaker 15: Oh?

1138
00:51:20,920 --> 00:51:22,960
Speaker 19: I disagree, I mean I disagree. There are there are

1139
00:51:23,080 --> 00:51:25,879
Speaker 19: New Zealanders. We are genuinely world class and we can

1140
00:51:25,920 --> 00:51:28,600
Speaker 19: be world class. But isn't that is a reminder that

1141
00:51:28,640 --> 00:51:30,840
Speaker 19: we need to continue to invest in our own skills

1142
00:51:30,880 --> 00:51:32,520
Speaker 19: and to make sure that we are setting our kids

1143
00:51:32,600 --> 00:51:34,680
Speaker 19: up and our grandkids up so they can compete with

1144
00:51:34,719 --> 00:51:36,880
Speaker 19: the kids from Singapore. For what are a lot of

1145
00:51:36,960 --> 00:51:38,640
Speaker 19: high paying jobs out there in the world that we

1146
00:51:38,680 --> 00:51:40,560
Speaker 19: have to get home and bring back home here.

1147
00:51:41,760 --> 00:51:45,360
Speaker 2: So this morning you've released this Q two, Yes, of

1148
00:51:45,400 --> 00:51:45,879
Speaker 2: what are you taking?

1149
00:51:45,880 --> 00:51:46,640
Speaker 9: Are these quarterly plans?

1150
00:51:46,719 --> 00:51:47,399
Speaker 3: Might reckon?

1151
00:51:47,400 --> 00:51:50,200
Speaker 2: Can I just bring to your attention number thirteen? Well,

1152
00:51:50,360 --> 00:51:52,400
Speaker 2: to be fair to you, Q one, you've ticked off

1153
00:51:52,440 --> 00:51:55,480
Speaker 2: everyone I think two or three whatever it is, So

1154
00:51:55,560 --> 00:51:57,680
Speaker 2: you probably got there, do you run the risk you

1155
00:51:57,800 --> 00:52:00,799
Speaker 2: see part legislation to remove barriers who the use of

1156
00:52:00,840 --> 00:52:04,040
Speaker 2: overseas building products to increase competition, reduced costs. So that's

1157
00:52:04,120 --> 00:52:06,640
Speaker 2: your board and all the various products, et cetera. So

1158
00:52:06,719 --> 00:52:09,880
Speaker 2: you've made an announcement on that. You're now making another

1159
00:52:09,920 --> 00:52:12,839
Speaker 2: announcement on that of something. You will see what I'm saying.

1160
00:52:12,840 --> 00:52:14,439
Speaker 2: There's a lot of announcements going on here.

1161
00:52:14,560 --> 00:52:18,000
Speaker 19: Yeah, no, so let me explain. So just there's a

1162
00:52:18,000 --> 00:52:20,160
Speaker 19: couple of things. First and foremost, for a bill to

1163
00:52:20,160 --> 00:52:22,320
Speaker 19: become law, you've got to go through three readings of

1164
00:52:22,360 --> 00:52:25,399
Speaker 19: this bill, right, So it's a process of you put

1165
00:52:25,400 --> 00:52:27,480
Speaker 19: a bill into the Parliament and then goes into typically

1166
00:52:27,480 --> 00:52:29,480
Speaker 19: a six month select committee process where the public and

1167
00:52:29,480 --> 00:52:31,600
Speaker 19: stakeholder get to comment on it, then comes back for

1168
00:52:31,600 --> 00:52:33,920
Speaker 19: a second reading, gets enhanced, then in third reading and

1169
00:52:33,960 --> 00:52:34,719
Speaker 19: then it becomes law.

1170
00:52:34,960 --> 00:52:36,360
Speaker 9: So you've got to deal with that process.

1171
00:52:36,400 --> 00:52:38,160
Speaker 19: We can truncate some of that stuff and that's when

1172
00:52:38,200 --> 00:52:41,120
Speaker 19: we use something called urgency. But equally, the reason I

1173
00:52:41,160 --> 00:52:43,960
Speaker 19: do those quarterly plans is to focus the public service

1174
00:52:44,040 --> 00:52:47,239
Speaker 19: and also the coalition government and ministers because I think

1175
00:52:47,840 --> 00:52:48,160
Speaker 19: you know in.

1176
00:52:48,160 --> 00:52:50,799
Speaker 9: The past what you saw was actually a public service.

1177
00:52:50,480 --> 00:52:53,880
Speaker 19: That had no direction from ministers and from a government.

1178
00:52:54,280 --> 00:52:56,880
Speaker 19: And as a result, now every public servant gets that,

1179
00:52:57,320 --> 00:52:59,200
Speaker 19: all the CEOs get that. They know what they've got

1180
00:52:59,239 --> 00:53:01,800
Speaker 19: to work towards, which is actually, now we've talked about

1181
00:53:01,880 --> 00:53:04,640
Speaker 19: that product overseas products, we've understood the case for it,

1182
00:53:04,640 --> 00:53:05,600
Speaker 19: we've made the case for it.

1183
00:53:05,640 --> 00:53:07,040
Speaker 9: The public go, yeah, that's good.

1184
00:53:07,200 --> 00:53:08,840
Speaker 19: And now we've actually got to make that more and

1185
00:53:08,840 --> 00:53:10,640
Speaker 19: that's what meaning past the legislation means.

1186
00:53:10,760 --> 00:53:12,840
Speaker 2: Okay, so the guy who was running O rang A

1187
00:53:12,880 --> 00:53:16,000
Speaker 2: Tomariki on Friday quit. I didn't realize he'd been away

1188
00:53:16,120 --> 00:53:20,040
Speaker 2: sick since September. Is he genuinely sick? And if he

1189
00:53:20,160 --> 00:53:22,279
Speaker 2: is genuinely sick, that's fine, we feel bad for him,

1190
00:53:22,280 --> 00:53:24,440
Speaker 2: But why is he still running an organization that needs

1191
00:53:24,480 --> 00:53:26,320
Speaker 2: a massive amount of overhaul.

1192
00:53:26,440 --> 00:53:28,080
Speaker 19: Yeah, I'm not going to go into that individual case,

1193
00:53:28,120 --> 00:53:31,680
Speaker 19: but there is genuinely a very serious sickness and health

1194
00:53:31,719 --> 00:53:33,600
Speaker 19: issue there and we wish him all the very best.

1195
00:53:33,640 --> 00:53:37,880
Speaker 19: We've had acting sees and ce in place since he

1196
00:53:37,960 --> 00:53:40,719
Speaker 19: has been on sick leave. But look, that is an

1197
00:53:40,800 --> 00:53:44,040
Speaker 19: organization that has been underperforming for a long period of time.

1198
00:53:44,040 --> 00:53:47,200
Speaker 19: There's been endless reviews and we now need to actually

1199
00:53:47,320 --> 00:53:50,480
Speaker 19: deal with that because you clearly we're not getting good

1200
00:53:50,480 --> 00:53:51,440
Speaker 19: results of good outcomes.

1201
00:53:51,480 --> 00:53:54,000
Speaker 3: There no Shane and Dot Jones. I'm assuming you're aware

1202
00:53:54,040 --> 00:53:56,120
Speaker 3: of the story. Over the week, I called Shane, what

1203
00:53:56,600 --> 00:53:58,640
Speaker 3: do we do about that? Because you're lucky you've got

1204
00:53:58,680 --> 00:54:00,000
Speaker 3: people looking after you.

1205
00:54:00,080 --> 00:54:00,520
Speaker 9: Yeah, I think.

1206
00:54:00,600 --> 00:54:04,400
Speaker 19: Look, I mean it's really you know, it's interesting what

1207
00:54:04,520 --> 00:54:07,520
Speaker 19: you go off overseas and honestly the MP's and the

1208
00:54:07,560 --> 00:54:10,040
Speaker 19: prime ministers live in real bubbles because there is just

1209
00:54:10,080 --> 00:54:12,000
Speaker 19: twenty four cars around you and when you move through

1210
00:54:12,040 --> 00:54:15,000
Speaker 19: a city, it's just there's two ambulances. You know, it's

1211
00:54:15,080 --> 00:54:17,480
Speaker 19: just Banana's right, And we in New Zealand want to

1212
00:54:17,520 --> 00:54:19,600
Speaker 19: try and maintain this thing that I can walk through on.

1213
00:54:19,600 --> 00:54:21,640
Speaker 9: The airport and be accessible. I can go to do a.

1214
00:54:21,680 --> 00:54:24,520
Speaker 19: Leeper on Friday night with Amanda, and it's actually people

1215
00:54:24,520 --> 00:54:26,640
Speaker 19: are going to be fine with me being out and

1216
00:54:26,640 --> 00:54:30,600
Speaker 19: about being appropriate, approachable and accessible, but equally there are

1217
00:54:30,719 --> 00:54:33,040
Speaker 19: serious risks and threats. Sadly, you know that there are

1218
00:54:33,040 --> 00:54:36,479
Speaker 19: people who get very fixated or are very angry about

1219
00:54:36,520 --> 00:54:39,000
Speaker 19: a particular issue or policy and therefore direct it at

1220
00:54:39,040 --> 00:54:41,160
Speaker 19: you as a politician. Or Prime Minister. So you know,

1221
00:54:41,200 --> 00:54:43,160
Speaker 19: we're trying to find that balance of getting making sure

1222
00:54:43,200 --> 00:54:46,360
Speaker 19: that there's enough security and support for families in particulars.

1223
00:54:46,640 --> 00:54:49,120
Speaker 19: It's tough as a promise when your wife and your

1224
00:54:49,160 --> 00:54:49,600
Speaker 19: kids get.

1225
00:54:49,520 --> 00:54:51,879
Speaker 3: But Missus Jones does not deserve, No.

1226
00:54:51,960 --> 00:54:52,320
Speaker 9: She does not.

1227
00:54:52,400 --> 00:54:55,279
Speaker 19: So none of that is acceptable whatsoever. And I think

1228
00:54:55,520 --> 00:54:56,920
Speaker 19: New Zealand needs, you know, we want to be in

1229
00:54:56,960 --> 00:54:58,960
Speaker 19: a place where we can be accessible and approach with

1230
00:54:59,000 --> 00:55:01,560
Speaker 19: politicians which is high unique compared to what happens around

1231
00:55:01,600 --> 00:55:05,759
Speaker 19: the world, and actually still have security. It's interesting living

1232
00:55:05,760 --> 00:55:08,480
Speaker 19: in the States. I remember talking to Obama about it,

1233
00:55:08,520 --> 00:55:11,240
Speaker 19: you know, like most of those senators arrived by private

1234
00:55:11,239 --> 00:55:13,400
Speaker 19: plans to come in to do their week in parliament

1235
00:55:13,400 --> 00:55:16,120
Speaker 19: at the equivalent, you know, whereas we run into people

1236
00:55:16,120 --> 00:55:18,840
Speaker 19: in the airports and we're talking to our colleagues on

1237
00:55:18,880 --> 00:55:21,360
Speaker 19: the opposite sides, and so that you don't want to

1238
00:55:21,400 --> 00:55:23,400
Speaker 19: lose that somehow. So we've got to find this balance,

1239
00:55:23,400 --> 00:55:27,320
Speaker 19: and it's a I agree dual leaper any good outstanding.

1240
00:55:27,480 --> 00:55:29,279
Speaker 19: As I said to you last year, best song of

1241
00:55:29,280 --> 00:55:32,520
Speaker 19: the year, Chris Stapleton, do a leaper. Yep, you got

1242
00:55:32,560 --> 00:55:35,719
Speaker 19: to listen to that song. Outstanding you appreciate Christopher Lux

1243
00:55:35,719 --> 00:55:36,600
Speaker 19: from thirteen to eight.

1244
00:55:38,000 --> 00:55:42,359
Speaker 1: The Vike Asking Breakfast Full Show podcast on iHeartRadio, now

1245
00:55:42,360 --> 00:55:43,120
Speaker 1: ad by the News.

1246
00:55:42,960 --> 00:55:46,840
Speaker 2: Talks that be Mike access to politicians meet David Seymour

1247
00:55:46,920 --> 00:55:49,400
Speaker 2: yesterday at a street meeting. Can't complain about that. And

1248
00:55:49,520 --> 00:55:51,440
Speaker 2: that's and that's the line we walk in this country,

1249
00:55:51,520 --> 00:55:53,719
Speaker 2: isn't it. You will see politicians walking down the street

1250
00:55:53,800 --> 00:55:55,640
Speaker 2: or at the airport. But what happened to Jones and

1251
00:55:55,840 --> 00:55:59,960
Speaker 2: his wife over the weekend was absurd. Mike, imagine Labor

1252
00:56:00,040 --> 00:56:02,440
Speaker 2: negotiating with TPM and the Greens who will align and

1253
00:56:02,480 --> 00:56:05,000
Speaker 2: push through their nutty extreme policies to a Labor party

1254
00:56:05,040 --> 00:56:08,480
Speaker 2: whip desperate for power at any cost. It's we were

1255
00:56:08,480 --> 00:56:09,759
Speaker 2: talking about that. The Prime Minister and I are a

1256
00:56:09,840 --> 00:56:15,040
Speaker 2: moment ago of how Labor deal with that issue. I

1257
00:56:15,080 --> 00:56:18,040
Speaker 2: think that could be a defining issue of the election campaign.

1258
00:56:18,160 --> 00:56:22,360
Speaker 2: How Labor explains themselves to the wider populace that the

1259
00:56:22,520 --> 00:56:26,120
Speaker 2: danger and extremism of the Greens and the Mari Party

1260
00:56:26,160 --> 00:56:29,399
Speaker 2: now both of them, and how they coalesce around any

1261
00:56:29,440 --> 00:56:31,680
Speaker 2: of that is I mean, I wish Chris Sapkin's the

1262
00:56:31,680 --> 00:56:34,000
Speaker 2: best of luck with that. Mike, totally disappointed at you today.

1263
00:56:34,239 --> 00:56:36,120
Speaker 2: If there's one thing you can do as a journalist, Firstly,

1264
00:56:36,120 --> 00:56:38,000
Speaker 2: I'm not a journalist. I've never been a journalist. I've

1265
00:56:38,000 --> 00:56:40,239
Speaker 2: said a million times. I'm not a journalist. Defending the

1266
00:56:40,280 --> 00:56:42,840
Speaker 2: constitutional arrangements of New Zealand. You should be advocating for

1267
00:56:42,880 --> 00:56:45,360
Speaker 2: the principal spell. Well, two things about that, and this

1268
00:56:45,440 --> 00:56:46,719
Speaker 2: is the problem with Zealots like you.

1269
00:56:47,040 --> 00:56:47,279
Speaker 3: One.

1270
00:56:47,400 --> 00:56:50,040
Speaker 2: I have advocated for it too. I mentioned it literally

1271
00:56:50,080 --> 00:56:52,360
Speaker 2: before seven thirty this morning, so not more than twenty

1272
00:56:52,360 --> 00:56:56,239
Speaker 2: minutes ago. And on balance I favor something more than

1273
00:56:56,280 --> 00:56:58,040
Speaker 2: we have. I wouldn't put it and as I said

1274
00:56:58,080 --> 00:57:00,160
Speaker 2: before on the program, I wouldn't put it to a vote.

1275
00:57:00,760 --> 00:57:03,080
Speaker 2: But it can be to a broader vote. If you're

1276
00:57:03,200 --> 00:57:06,799
Speaker 2: so enamored with it and think it's so important, then

1277
00:57:06,840 --> 00:57:10,239
Speaker 2: we will see, presumably the Act Party vote increase as

1278
00:57:10,280 --> 00:57:14,480
Speaker 2: the election gets closer and closer. Now theory versus reality,

1279
00:57:15,040 --> 00:57:18,600
Speaker 2: the urban myth dispelled in just a moment eight to eight.

1280
00:57:19,200 --> 00:57:24,080
Speaker 1: The Mike Hosking Breakfast with Vida Retirement Communities News Togstead vs.

1281
00:57:24,280 --> 00:57:26,520
Speaker 2: One five to eight. So here we go. If I

1282
00:57:26,560 --> 00:57:29,080
Speaker 2: said to you flying in this country, you go disaster

1283
00:57:29,480 --> 00:57:32,840
Speaker 2: on time, no way, how many cancelations. How many people

1284
00:57:32,880 --> 00:57:34,200
Speaker 2: do you know that jump on a plane that never

1285
00:57:34,240 --> 00:57:35,840
Speaker 2: get there? How many people jump on a plane it's

1286
00:57:35,880 --> 00:57:38,960
Speaker 2: always late, well wrong. So the Ministry of Transport numbers

1287
00:57:39,000 --> 00:57:42,680
Speaker 2: come out, they do these monthly. It's the on time

1288
00:57:42,760 --> 00:57:47,400
Speaker 2: performance OTP in New Zealand's cancelation rate zero zero point

1289
00:57:47,400 --> 00:57:51,479
Speaker 2: eight percent this January, middle of the holidays, Jetstar zero

1290
00:57:51,520 --> 00:57:53,600
Speaker 2: point two. They've got fewer flights obviously, so they don't

1291
00:57:53,600 --> 00:57:56,040
Speaker 2: need to cancel as many. Dunedin to Auckland the highest

1292
00:57:56,040 --> 00:57:59,000
Speaker 2: cancelation rate. Dunedin to Auckland one point eight percent of

1293
00:57:59,000 --> 00:58:01,560
Speaker 2: flights canceled one hundred and twelve in total, just two

1294
00:58:01,600 --> 00:58:05,200
Speaker 2: were canceled. Wellington Auckland four hundred and eighty one flights

1295
00:58:05,600 --> 00:58:08,480
Speaker 2: five were canceled, that's one percent. Christ Church to Auckland,

1296
00:58:08,520 --> 00:58:11,680
Speaker 2: Auckland to christ Church Auckland and Wellington four flights canceled

1297
00:58:11,720 --> 00:58:14,439
Speaker 2: over the whole months in total. So when you add

1298
00:58:14,440 --> 00:58:17,280
Speaker 2: it all up for January, both airlines in New Zealand

1299
00:58:17,360 --> 00:58:21,360
Speaker 2: and Jetstar there were three thousand, six hundred and eleven

1300
00:58:21,440 --> 00:58:25,000
Speaker 2: flights scheduled in January. Between those two airlines, twenty three

1301
00:58:25,040 --> 00:58:29,960
Speaker 2: were canceled or zero point six percent. So the theory

1302
00:58:30,800 --> 00:58:33,480
Speaker 2: is flying in this country as a problem. The theory

1303
00:58:34,320 --> 00:58:37,720
Speaker 2: is you're always late. The theory is it's always a

1304
00:58:37,760 --> 00:58:41,440
Speaker 2: problem wrong. Zero point six percent. That metric for any

1305
00:58:41,520 --> 00:58:45,600
Speaker 2: business doing anything. In other words, ninety nine point four

1306
00:58:45,640 --> 00:58:48,840
Speaker 2: percent of what you do happens when it's supposed to happen.

1307
00:58:49,200 --> 00:58:52,680
Speaker 2: You would take all day long, do not text me

1308
00:58:52,760 --> 00:58:55,000
Speaker 2: and say you don't believe the numbers, or you were

1309
00:58:55,040 --> 00:58:57,000
Speaker 2: on a flight going to Palmerston North and it went

1310
00:58:57,080 --> 00:58:59,040
Speaker 2: upside down and round and round it ended up in

1311
00:58:59,200 --> 00:59:02,720
Speaker 2: Vericago because the facts don't lie, right, Sports, So guess

1312
00:59:02,720 --> 00:59:05,400
Speaker 2: where we are on the letter worries. Guess where we are.

1313
00:59:06,000 --> 00:59:10,360
Speaker 2: We're fourth, We're on the top four. That's home playoff territory.

1314
00:59:10,560 --> 00:59:13,919
Speaker 2: They're coming, They're coming to Go Media Mount Smart Stadium,

1315
00:59:14,680 --> 00:59:17,720
Speaker 2: Go Media Mount Smart, Victor Sparks Stadium, whatever it's called

1316
00:59:18,000 --> 00:59:20,040
Speaker 2: for a home flight. Anyway, this season might change between

1317
00:59:20,040 --> 00:59:21,600
Speaker 2: now and then, but we'll take the good news for now,

1318
00:59:21,640 --> 00:59:22,240
Speaker 2: well at last.

1319
00:59:22,280 --> 00:59:23,760
Speaker 3: Anyway, more sports shortly for.

1320
00:59:23,760 --> 00:59:28,560
Speaker 1: You, Mike Hasky, We've been faithful. We're engaging and title

1321
00:59:29,160 --> 00:59:32,160
Speaker 1: the my casking breakfast with the range rover vi La

1322
00:59:32,640 --> 00:59:36,960
Speaker 1: designed to intrigue and use togs dead beas sprung.

1323
00:59:39,040 --> 00:59:41,280
Speaker 3: It is no wrong, no.

1324
00:59:43,760 --> 00:59:44,840
Speaker 22: Ten or a half tied.

1325
00:59:44,920 --> 00:59:49,720
Speaker 4: The chief chiefs got this guilt set up another level for.

1326
00:59:49,760 --> 00:59:50,640
Speaker 1: The first time.

1327
00:59:51,120 --> 00:59:57,800
Speaker 21: The Crusaders beats the drawer in Fiji Fidal sure fifty

1328
00:59:57,960 --> 00:59:59,800
Speaker 21: one points to forty.

1329
01:00:00,160 --> 01:00:02,640
Speaker 16: Over the couch and the Blue hang on by one

1330
01:00:02,960 --> 01:00:05,360
Speaker 16: and one two and lost five.

1331
01:00:05,760 --> 01:00:09,040
Speaker 2: Have the Highlanders in twenty twenty five and it's another

1332
01:00:09,160 --> 01:00:10,640
Speaker 2: excruciating loss.

1333
01:00:12,320 --> 01:00:14,520
Speaker 20: And that is up there and that is out and

1334
01:00:14,520 --> 01:00:20,120
Speaker 20: he's done it. Back to bag five wicked bags for fences.

1335
01:00:20,400 --> 01:00:21,240
Speaker 1: That's the game.

1336
01:00:21,360 --> 01:00:23,680
Speaker 16: New Zealand went by forty three.

1337
01:00:24,400 --> 01:00:27,960
Speaker 1: The Monday Morning commentary barks on the Mike Husking breakfast

1338
01:00:28,080 --> 01:00:32,000
Speaker 1: with Spears Finance, supporting Kiwi businesses with finance solutions for

1339
01:00:32,040 --> 01:00:33,120
Speaker 1: over fifty years.

1340
01:00:33,240 --> 01:00:35,640
Speaker 2: It is seven past eight. Jason pin Andrews several both

1341
01:00:35,640 --> 01:00:39,720
Speaker 2: with us lads. Good morning morning, and you what, Jason,

1342
01:00:39,720 --> 01:00:42,280
Speaker 2: another grouping drawer in the football, wasn't it.

1343
01:00:43,800 --> 01:00:46,560
Speaker 4: I knew you'd love that bike, I knew you'd love that.

1344
01:00:46,800 --> 01:00:49,080
Speaker 4: Another drawer for Auckland f C. I thought of you

1345
01:00:49,160 --> 01:00:51,720
Speaker 4: actually when the final whistle blew and I had to

1346
01:00:51,720 --> 01:00:55,840
Speaker 4: give the news of another drawer a couple of stumbles

1347
01:00:55,840 --> 01:00:59,120
Speaker 4: for Auckland FC. That I mean, there's still eleven games unbeaten.

1348
01:00:59,240 --> 01:01:00,760
Speaker 4: You know, let's not taking it.

1349
01:01:03,200 --> 01:01:04,560
Speaker 3: Like draws a wink.

1350
01:01:04,960 --> 01:01:07,280
Speaker 4: That's how Steve Coriker sees it, and he says, look,

1351
01:01:07,280 --> 01:01:10,120
Speaker 4: we're still eleven unbeaten, only five points clear our four

1352
01:01:10,160 --> 01:01:11,560
Speaker 4: games to go, four tough games.

1353
01:01:11,920 --> 01:01:13,760
Speaker 2: Well, look, I just saw the end of it and

1354
01:01:13,760 --> 01:01:16,520
Speaker 2: I thought, come on, this is you can't keep playing

1355
01:01:16,600 --> 01:01:18,760
Speaker 2: like this for you know, I mean if they win

1356
01:01:19,160 --> 01:01:20,600
Speaker 2: at the end of the day, if they win in

1357
01:01:20,680 --> 01:01:24,160
Speaker 2: their in their debut season and they win the lot, yeah,

1358
01:01:24,480 --> 01:01:26,000
Speaker 2: I mean you can't take it away from the Kenya.

1359
01:01:26,040 --> 01:01:27,240
Speaker 2: That's Hellberg all day long.

1360
01:01:28,080 --> 01:01:30,760
Speaker 4: Yeah. I think, well, it's a remarkable achievement and they

1361
01:01:30,760 --> 01:01:32,760
Speaker 4: still might do that. They still might do that. They've

1362
01:01:32,760 --> 01:01:35,520
Speaker 4: got you know, look, win the regular season, which I

1363
01:01:35,520 --> 01:01:39,000
Speaker 4: think they'll do, into knockout games. Look, there's there's there's

1364
01:01:39,000 --> 01:01:41,040
Speaker 4: still I think a bit to be optimistic about. Yeah,

1365
01:01:41,040 --> 01:01:43,720
Speaker 4: the draws are interesting. We'll see if we can organize

1366
01:01:44,120 --> 01:01:44,800
Speaker 4: a seven or eight.

1367
01:01:45,280 --> 01:01:46,520
Speaker 3: Yeah, golfest let's.

1368
01:01:47,760 --> 01:01:49,520
Speaker 16: Would have noticed. The mica is that most of the

1369
01:01:49,600 --> 01:01:52,680
Speaker 16: York Nets games draw wind draw lost are exciting.

1370
01:01:52,840 --> 01:01:54,160
Speaker 3: Yes, that's good football.

1371
01:01:54,280 --> 01:01:57,360
Speaker 16: They've injected some excitement back into the football here, which.

1372
01:01:57,560 --> 01:01:59,120
Speaker 3: No question, it's been great.

1373
01:01:59,320 --> 01:02:01,120
Speaker 16: What do you know? Do you know just before you

1374
01:02:01,120 --> 01:02:05,560
Speaker 16: get onto Liam Lawson obviously what happened to the rat?

1375
01:02:06,720 --> 01:02:09,920
Speaker 2: Well, so for people who don't so on my wife's

1376
01:02:09,960 --> 01:02:12,120
Speaker 2: social media and I don't follow any of.

1377
01:02:12,080 --> 01:02:15,120
Speaker 10: This or but it was a big thing.

1378
01:02:16,160 --> 01:02:17,560
Speaker 16: Have a social media assistant.

1379
01:02:17,720 --> 01:02:21,320
Speaker 2: It went viral anyway. It was the distance between where

1380
01:02:21,360 --> 01:02:23,160
Speaker 2: the rat was. It's not a race, and I think

1381
01:02:23,200 --> 01:02:24,920
Speaker 2: it's still a mouse. It's a tiny laugh thing.

1382
01:02:25,280 --> 01:02:25,720
Speaker 3: Okay.

1383
01:02:25,920 --> 01:02:28,760
Speaker 2: So anyway, the distance between where allegedly was and where

1384
01:02:28,800 --> 01:02:32,080
Speaker 2: the spades were was a long walk, being a country property.

1385
01:02:32,160 --> 01:02:34,440
Speaker 2: So I trudged over and grabbed a spade and by

1386
01:02:34,440 --> 01:02:36,680
Speaker 2: the time I got the spade back, the thing was gone,

1387
01:02:36,760 --> 01:02:39,440
Speaker 2: and Scott was on the phone. And Scott's our pest

1388
01:02:39,480 --> 01:02:41,520
Speaker 2: control guy, and I think he was coming anyway, but

1389
01:02:41,560 --> 01:02:43,400
Speaker 2: he might be coming, specially today, and if he is,

1390
01:02:43,400 --> 01:02:45,080
Speaker 2: he charges hundreds of dollars at a time.

1391
01:02:45,120 --> 01:02:47,000
Speaker 3: And what I couldn't explain.

1392
01:02:46,720 --> 01:02:49,600
Speaker 2: To Katie was you realize here on acreage in the

1393
01:02:49,600 --> 01:02:54,520
Speaker 2: country there are rats and mice and possums galore. They're everywhere,

1394
01:02:54,600 --> 01:02:57,000
Speaker 2: you just can't see them. The fact you found one

1395
01:02:57,080 --> 01:03:00,880
Speaker 2: infintestimally small example of one does not mean there are

1396
01:03:00,920 --> 01:03:03,680
Speaker 2: no others. But that didn't seem to sink into her,

1397
01:03:04,080 --> 01:03:05,160
Speaker 2: so she became fixated.

1398
01:03:05,320 --> 01:03:06,920
Speaker 16: Was on his way out anyway, He was on his

1399
01:03:07,000 --> 01:03:07,800
Speaker 16: way out the thing that.

1400
01:03:07,880 --> 01:03:10,959
Speaker 10: Even the poison was gonna die. So what you were doing,

1401
01:03:11,000 --> 01:03:11,760
Speaker 10: You run.

1402
01:03:11,720 --> 01:03:13,520
Speaker 16: And get the spade and whack it.

1403
01:03:14,440 --> 01:03:16,400
Speaker 2: Why didn't I Because by the time I came back

1404
01:03:16,400 --> 01:03:18,600
Speaker 2: with the spade, it had gone. It had scurried under

1405
01:03:18,600 --> 01:03:20,240
Speaker 2: a bush. I went, look, it's gone under a bush

1406
01:03:20,240 --> 01:03:23,240
Speaker 2: to die. And she goes whacked the bush the bush.

1407
01:03:23,280 --> 01:03:26,320
Speaker 16: I saw you with the spade walking up a gentle incline,

1408
01:03:26,360 --> 01:03:29,320
Speaker 16: and it looked like something off Last of the Summer Wine.

1409
01:03:31,400 --> 01:03:32,320
Speaker 16: You were out of breath.

1410
01:03:34,320 --> 01:03:38,080
Speaker 2: I was wearing crocs, and crocs on slopes make for

1411
01:03:38,640 --> 01:03:41,480
Speaker 2: interesting walking conditions. That's all I can say. It's just

1412
01:03:41,520 --> 01:03:44,800
Speaker 2: like you know anyway. Anyway, So Liam, here of the problems,

1413
01:03:44,840 --> 01:03:47,280
Speaker 2: So so work me through the center. So here's the problem.

1414
01:03:47,280 --> 01:03:50,040
Speaker 2: One head she beats Lawson. Not a good sign. Two

1415
01:03:50,200 --> 01:03:52,720
Speaker 2: Lawson goes backwards in the Grand Prix. Not a good sign.

1416
01:03:53,080 --> 01:03:56,240
Speaker 2: Three Sonoda doesn't score any points. So the car it's

1417
01:03:56,280 --> 01:03:59,880
Speaker 2: the problem, not the driver. Not another not good sign.

1418
01:04:01,200 --> 01:04:04,680
Speaker 16: There were a few things thrown together, right. They decided

1419
01:04:04,680 --> 01:04:08,920
Speaker 16: to leave Liam Lawson out long on his tires didn't work,

1420
01:04:09,640 --> 01:04:12,680
Speaker 16: There was no there were no yellow flags or safety cars,

1421
01:04:12,680 --> 01:04:14,880
Speaker 16: and there wasn't the rain that was fore cars. So

1422
01:04:14,920 --> 01:04:19,160
Speaker 16: it all has added together and the pit strategy clearly

1423
01:04:19,720 --> 01:04:23,000
Speaker 16: in hindsight was wrong correct for Liam Lawson. So that

1424
01:04:23,160 --> 01:04:25,960
Speaker 16: sort of stuff doesn't help. But it all just seems

1425
01:04:25,960 --> 01:04:27,080
Speaker 16: to be adding up, doesn't it.

1426
01:04:27,160 --> 01:04:30,880
Speaker 2: Yeah, And so Helmet Marco said overnight, he goes, he's fine,

1427
01:04:31,280 --> 01:04:33,600
Speaker 2: but we'll need to see points this coming weekend and

1428
01:04:33,640 --> 01:04:38,320
Speaker 2: the weekend and after and that's like, that's pressure. And

1429
01:04:38,360 --> 01:04:41,320
Speaker 2: so that's the big thing here, Jason is is you

1430
01:04:41,440 --> 01:04:45,160
Speaker 2: either match or beat Hadga your teammate, or you don't.

1431
01:04:45,520 --> 01:04:47,600
Speaker 2: And when you don't, we've got issues.

1432
01:04:48,440 --> 01:04:48,640
Speaker 6: Yeah.

1433
01:04:48,680 --> 01:04:51,440
Speaker 4: Oh look absolutely, that's the that's the key thing in

1434
01:04:51,440 --> 01:04:53,560
Speaker 4: this in this game is to beat your teammate first

1435
01:04:53,560 --> 01:04:54,960
Speaker 4: and foremost. I mean, he's never going to beat the

1436
01:04:55,000 --> 01:04:56,760
Speaker 4: staff and in the top car he's down now in

1437
01:04:56,760 --> 01:04:59,240
Speaker 4: the racing bulls car had just a good driver. You know,

1438
01:04:59,280 --> 01:05:01,640
Speaker 4: I've been really priest with what he's been doing. Liam's

1439
01:05:01,640 --> 01:05:04,920
Speaker 4: got to find a way of fulfilling the potential we

1440
01:05:05,000 --> 01:05:08,560
Speaker 4: all know that he has. Look, you're right, Pitt's strategy

1441
01:05:08,680 --> 01:05:12,200
Speaker 4: was wrong, but we were told he knows this track well.

1442
01:05:12,360 --> 01:05:15,080
Speaker 4: And look, it's a very difficult track to overtake on,

1443
01:05:15,200 --> 01:05:18,480
Speaker 4: especially when nobody crashes out, so hard to make up positions.

1444
01:05:18,520 --> 01:05:20,840
Speaker 4: I think Sonoda got Driver of the day, didn't he

1445
01:05:20,960 --> 01:05:26,120
Speaker 4: for making up two positions? So Bahrain next, which, as

1446
01:05:26,160 --> 01:05:28,960
Speaker 4: I understand it, as a track where overtaking is a lot,

1447
01:05:29,120 --> 01:05:31,280
Speaker 4: you know, a lot more possible, Yes, a lot more

1448
01:05:31,280 --> 01:05:33,840
Speaker 4: places you can do that. They've got to get a

1449
01:05:33,840 --> 01:05:36,520
Speaker 4: wriggle on. But so the red ball to be honest, Mike,

1450
01:05:36,600 --> 01:05:41,160
Speaker 4: because you know maximstappened genius, unbelievable driver. That qualifying lap

1451
01:05:41,160 --> 01:05:43,640
Speaker 4: the other night was just something out of out a space.

1452
01:05:43,720 --> 01:05:46,960
Speaker 4: But Sonoda's not going to pick up points regularly. They

1453
01:05:47,040 --> 01:05:50,440
Speaker 4: just ain't going to win the Driver's Championship. Mclarena almost

1454
01:05:50,520 --> 01:05:51,959
Speaker 4: too far ahead already.

1455
01:05:51,640 --> 01:05:54,000
Speaker 3: Yeah, exactly. Brief break more in a moment thirteen past.

1456
01:05:54,600 --> 01:06:00,240
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio News Talks.

1457
01:06:01,320 --> 01:06:03,880
Speaker 2: News Talking at Me sixteen past eight the.

1458
01:06:03,760 --> 01:06:07,280
Speaker 1: Monday Morning Commentary Box on the Mic Hosking Breakfast with

1459
01:06:07,480 --> 01:06:11,520
Speaker 1: Spears Finance, supporting Kiwi businesses with finance solutions for over

1460
01:06:11,640 --> 01:06:12,440
Speaker 1: fifty years.

1461
01:06:12,480 --> 01:06:14,800
Speaker 2: Got a new bet, Andrew with the Prime Minister this morning.

1462
01:06:14,800 --> 01:06:15,280
Speaker 3: You want to hear it?

1463
01:06:17,240 --> 01:06:17,560
Speaker 1: What was that?

1464
01:06:17,640 --> 01:06:17,880
Speaker 21: Sorry?

1465
01:06:18,080 --> 01:06:19,680
Speaker 3: Got a new bet with the Prime Minister this morning.

1466
01:06:19,720 --> 01:06:20,080
Speaker 3: You're ready?

1467
01:06:20,080 --> 01:06:20,760
Speaker 16: What's the new bet?

1468
01:06:20,920 --> 01:06:21,880
Speaker 3: The bet is Crusade.

1469
01:06:21,960 --> 01:06:25,880
Speaker 2: Last year it was Crusaders Highlanders, so Sam supports the

1470
01:06:25,960 --> 01:06:30,720
Speaker 2: Highlanders and PM supports the Crusaders. He said, if we lose,

1471
01:06:30,840 --> 01:06:34,560
Speaker 2: I will wear a CRUs Highlanders jersey. So we bought

1472
01:06:34,640 --> 01:06:37,320
Speaker 2: him a small jersey and it was super tight. This

1473
01:06:37,440 --> 01:06:40,200
Speaker 2: year he's gone for you're ready for this? He says,

1474
01:06:40,240 --> 01:06:43,919
Speaker 2: if the Highlanders win, I will paint my face blue

1475
01:06:43,960 --> 01:06:47,960
Speaker 2: and yellow. So we're hiring a face painter to paint

1476
01:06:47,960 --> 01:06:50,320
Speaker 2: the Prime Minister's face blue and yellow of the Highlanders win.

1477
01:06:52,160 --> 01:06:54,280
Speaker 16: And when would he wear the face paint like Nie

1478
01:06:54,720 --> 01:06:58,560
Speaker 16: with me? Oh just on here and need take it off? Well,

1479
01:06:58,560 --> 01:06:59,560
Speaker 16: you wouldn't wear it all day?

1480
01:07:00,160 --> 01:07:01,240
Speaker 3: Point? Did we go down?

1481
01:07:01,360 --> 01:07:01,400
Speaker 6: No?

1482
01:07:01,480 --> 01:07:01,960
Speaker 3: We didn't say.

1483
01:07:02,120 --> 01:07:04,800
Speaker 2: See you didn't think about that, so good point. Andrew

1484
01:07:04,880 --> 01:07:07,720
Speaker 2: probably should viral wouldn't it. That would go viral, That'll

1485
01:07:07,760 --> 01:07:08,320
Speaker 2: be fantastic.

1486
01:07:08,360 --> 01:07:15,040
Speaker 16: But the way that look made, the way the Heiland, it's.

1487
01:07:14,920 --> 01:07:16,640
Speaker 2: A problem, isn't it. There's no one's going to be

1488
01:07:16,840 --> 01:07:18,880
Speaker 2: What was the rugby you liked Andre of the weekend?

1489
01:07:18,920 --> 01:07:21,000
Speaker 2: Most Blues Hurricanes love Molana.

1490
01:07:21,400 --> 01:07:24,520
Speaker 16: Loved Molana again. I thought, gee, that's the first half.

1491
01:07:24,560 --> 01:07:27,720
Speaker 16: They missed lineouts, they missed kicks for touch. I thought, God,

1492
01:07:27,760 --> 01:07:29,320
Speaker 16: this is going to end horribly. And then they came

1493
01:07:29,320 --> 01:07:31,520
Speaker 16: out on that second half and blew the Warrtors off

1494
01:07:31,560 --> 01:07:36,120
Speaker 16: the field. Fantastic entertaining rugby once again from Morana. I

1495
01:07:36,200 --> 01:07:39,800
Speaker 16: thought the Blues Hurricanes game was gripping on Saturday night.

1496
01:07:40,680 --> 01:07:44,080
Speaker 16: What what did catch my eye or didn't Mikeau? Is

1497
01:07:44,120 --> 01:07:45,280
Speaker 16: that the lack of crowds?

1498
01:07:45,360 --> 01:07:47,160
Speaker 3: Yes, again, you can't hide the.

1499
01:07:47,200 --> 01:07:50,520
Speaker 16: Week My understanding is TV ratings are okay, but the

1500
01:07:50,840 --> 01:07:52,960
Speaker 16: Blues Hurricanes used to be a premier game of the

1501
01:07:53,000 --> 01:07:54,880
Speaker 16: season and there was hardly anyone at.

1502
01:07:54,920 --> 01:07:58,720
Speaker 10: Them park Friday, Saturday night, I can't remember it was

1503
01:07:58,760 --> 01:07:59,400
Speaker 10: Saturday night.

1504
01:08:00,160 --> 01:08:02,080
Speaker 2: Was no excuse for the rain because it rained Friday,

1505
01:08:02,680 --> 01:08:04,320
Speaker 2: but Saturday it was beautiful Saturday.

1506
01:08:04,400 --> 01:08:05,080
Speaker 3: There's fabulous.

1507
01:08:05,960 --> 01:08:08,800
Speaker 4: There were eighteen and a half thousand at at Go Media.

1508
01:08:08,840 --> 01:08:11,880
Speaker 4: For Auckland FC, there would have been eight thousand and

1509
01:08:12,000 --> 01:08:15,960
Speaker 4: even parts yes, yeah, used to be this, you know,

1510
01:08:16,200 --> 01:08:18,559
Speaker 4: Hurricanes Blues. I mean if it had been the Blues

1511
01:08:18,600 --> 01:08:20,800
Speaker 4: against the Force, they would have got lucky to get

1512
01:08:20,840 --> 01:08:23,559
Speaker 4: five thousand. I think Polyfist was on over the weekend

1513
01:08:23,640 --> 01:08:25,439
Speaker 4: that took a lot of people away, but they turned

1514
01:08:25,520 --> 01:08:27,799
Speaker 4: up at Albany. I'll tell you what when the Blues

1515
01:08:27,800 --> 01:08:31,360
Speaker 4: played Mowana Pacifica this coming Saturday, four thirty five even parts,

1516
01:08:31,360 --> 01:08:34,760
Speaker 4: Oh we more Mawana Pacifica. Yeah there than Blues fans

1517
01:08:34,880 --> 01:08:35,599
Speaker 4: you could well be.

1518
01:08:35,680 --> 01:08:38,760
Speaker 2: Yeah, good point, what chance? What do you reckon? This

1519
01:08:38,840 --> 01:08:40,599
Speaker 2: goes back to the Ta b bet they were running

1520
01:08:40,600 --> 01:08:43,439
Speaker 2: where Liam beatsno to twenty dollars get eighty dollars back.

1521
01:08:45,400 --> 01:08:48,200
Speaker 2: So what are the odds Jason of Mowana Pacifica tipping

1522
01:08:48,240 --> 01:08:48,839
Speaker 2: up the Blues.

1523
01:08:49,720 --> 01:08:52,160
Speaker 4: I think they're pretty good. I think the Blues will

1524
01:08:52,200 --> 01:08:54,479
Speaker 4: take confidence from there. Went over the Hurricanes. I don't

1525
01:08:54,479 --> 01:08:57,000
Speaker 4: think it was vintage Blues, but they've had a fairly

1526
01:08:57,120 --> 01:08:59,679
Speaker 4: mediocre season. Look I would I mean at the start

1527
01:08:59,680 --> 01:09:01,320
Speaker 4: of this and you would have said, well, you know,

1528
01:09:01,360 --> 01:09:05,240
Speaker 4: absolutely no chance. But Mowana back to back wins Crusaders Warriors,

1529
01:09:05,280 --> 01:09:07,519
Speaker 4: as like Sav said, took them till the second half

1530
01:09:07,520 --> 01:09:09,719
Speaker 4: to get going. I think there are a chance. I

1531
01:09:09,760 --> 01:09:11,160
Speaker 4: absolutely think there are a chance.

1532
01:09:11,160 --> 01:09:13,559
Speaker 16: That's about the Blues if they if they put a

1533
01:09:13,600 --> 01:09:16,360
Speaker 16: full performance together like they didn't Crusaders a couple of

1534
01:09:16,360 --> 01:09:17,960
Speaker 16: weeks ago. Mowana definitely a chance.

1535
01:09:18,200 --> 01:09:22,280
Speaker 2: How good is body, though, Sav? I mean, what a genius.

1536
01:09:22,960 --> 01:09:25,439
Speaker 16: Yeah, he can't. He's come back from that broken hand.

1537
01:09:25,479 --> 01:09:27,040
Speaker 16: I thought he played really really well the other night

1538
01:09:27,080 --> 01:09:31,880
Speaker 16: and when they needed his calm head goal kicking wise,

1539
01:09:32,000 --> 01:09:34,120
Speaker 16: he kicked missed one near the end, but they were

1540
01:09:34,120 --> 01:09:36,479
Speaker 16: ahead anyway, exactly. The one he landed was a long

1541
01:09:36,560 --> 01:09:38,400
Speaker 16: range kick and that was enough to win the game.

1542
01:09:38,560 --> 01:09:40,840
Speaker 16: So I thought he was I thought he's very good. Hey,

1543
01:09:40,840 --> 01:09:42,559
Speaker 16: what about the worries. Two points for the buyer.

1544
01:09:42,560 --> 01:09:44,880
Speaker 10: They're up to fourth on the table top four.

1545
01:09:45,680 --> 01:09:46,200
Speaker 16: Staggering.

1546
01:09:46,360 --> 01:09:50,680
Speaker 2: It's incredible. No, it's not staggering. It's just it's just

1547
01:09:50,720 --> 01:09:52,080
Speaker 2: the coming of age.

1548
01:09:52,240 --> 01:09:54,400
Speaker 16: He get two points for not playing well.

1549
01:09:54,760 --> 01:09:56,280
Speaker 3: Everyone gets the two points for the buyer.

1550
01:09:57,040 --> 01:09:59,320
Speaker 2: Want to buy come so everyone will get it. So

1551
01:09:59,800 --> 01:10:01,679
Speaker 2: we we've got I current remember We've got the Broncos

1552
01:10:01,720 --> 01:10:03,400
Speaker 2: coming the nineteenth. That's sold out.

1553
01:10:03,680 --> 01:10:06,120
Speaker 16: I tell you what the true test this weekend is. Oh,

1554
01:10:06,200 --> 01:10:08,360
Speaker 16: next weekend is the storm in the Broncos.

1555
01:10:08,439 --> 01:10:11,160
Speaker 2: Right, Yes, that's correct, the storm. I don't fear the

1556
01:10:11,200 --> 01:10:14,599
Speaker 2: way you might once might have feared the storm. Broncos

1557
01:10:14,640 --> 01:10:16,280
Speaker 2: are sold out. That'll be good. The ends up game

1558
01:10:16,360 --> 01:10:18,720
Speaker 2: is the Knights that's in christ that's already sold out.

1559
01:10:18,760 --> 01:10:20,840
Speaker 2: So you know, you talk about the crowds. You can

1560
01:10:20,880 --> 01:10:23,040
Speaker 2: get a good crowd at the football Jason, and you

1561
01:10:23,080 --> 01:10:25,280
Speaker 2: get a good crowd at the Warriors. The rugby people

1562
01:10:25,320 --> 01:10:26,800
Speaker 2: have got to be looking at that and going, what

1563
01:10:27,000 --> 01:10:29,360
Speaker 2: is it that we.

1564
01:10:29,240 --> 01:10:30,280
Speaker 3: Can't do the same thing?

1565
01:10:31,040 --> 01:10:34,400
Speaker 2: Yep, you're following the Have you seen the torpedo bat?

1566
01:10:34,439 --> 01:10:36,880
Speaker 2: You guys, by the way in the baseball do you

1567
01:10:36,880 --> 01:10:38,080
Speaker 2: know about the torpedo bat?

1568
01:10:38,800 --> 01:10:40,559
Speaker 16: Yeah, I don't know why they didn't do it earlier.

1569
01:10:40,640 --> 01:10:41,040
Speaker 3: I couldn't.

1570
01:10:41,120 --> 01:10:43,200
Speaker 2: I can't, for the life of me work out. So

1571
01:10:43,360 --> 01:10:45,840
Speaker 2: the torpedo bat, for people who haven't followed it, they've

1572
01:10:45,880 --> 01:10:49,760
Speaker 2: simply for the individual player moved the meat or the

1573
01:10:49,800 --> 01:10:53,360
Speaker 2: weight of the bat to where in general that player

1574
01:10:53,439 --> 01:10:57,240
Speaker 2: hits the ball. Now, do you know one and the

1575
01:10:57,280 --> 01:10:59,880
Speaker 2: one hundred years of baseball hasn't sat down and thought,

1576
01:11:00,080 --> 01:11:02,640
Speaker 2: why don't we put it individually where that player can

1577
01:11:02,680 --> 01:11:05,160
Speaker 2: best hit the ball and then give them an individualized

1578
01:11:05,200 --> 01:11:07,280
Speaker 2: bat and things might change.

1579
01:11:07,320 --> 01:11:09,479
Speaker 3: And the Yankees are doing it and the Yankees can't lose.

1580
01:11:11,080 --> 01:11:12,559
Speaker 4: I think it's good. I mean, I think pictures have

1581
01:11:12,600 --> 01:11:15,800
Speaker 4: dominated baseball for quite a while. I think crowds turn

1582
01:11:15,920 --> 01:11:17,400
Speaker 4: up to see big hits, don't they do.

1583
01:11:18,240 --> 01:11:20,240
Speaker 16: It's like in the cricket people want to see sixers.

1584
01:11:20,280 --> 01:11:21,600
Speaker 16: When you go to a baseball game, you want to

1585
01:11:21,600 --> 01:11:23,599
Speaker 16: see home runs. So it's a good move. What are

1586
01:11:23,600 --> 01:11:25,080
Speaker 16: you doing on the property today? You're going to be

1587
01:11:25,120 --> 01:11:26,400
Speaker 16: walking around with your shotgun?

1588
01:11:27,439 --> 01:11:28,599
Speaker 2: It's funny you should say that.

1589
01:11:28,680 --> 01:11:31,840
Speaker 16: I don't like you look like bloody Alma Fad walking around.

1590
01:11:36,120 --> 01:11:36,559
Speaker 12: Do you know?

1591
01:11:36,840 --> 01:11:37,200
Speaker 3: Can you?

1592
01:11:37,240 --> 01:11:42,360
Speaker 2: Are you allowed to shoot magpies? You're not allowed to shoot.

1593
01:11:42,120 --> 01:11:44,760
Speaker 16: Them because you should be allowed to.

1594
01:11:45,040 --> 01:11:47,160
Speaker 2: Yeah, I think so, that's my argument. But I didn't

1595
01:11:47,160 --> 01:11:49,320
Speaker 2: want to cross the line with authority because I thought,

1596
01:11:49,400 --> 01:11:51,960
Speaker 2: if I can't shoot because I've got two on my property,

1597
01:11:52,439 --> 01:11:53,760
Speaker 2: the plovers are gone.

1598
01:11:53,880 --> 01:11:54,599
Speaker 3: So that's good.

1599
01:11:55,200 --> 01:11:57,120
Speaker 2: But they've got two magpies that have been there for

1600
01:11:57,120 --> 01:11:59,439
Speaker 2: a while, and there are pain and they're not likable

1601
01:11:59,479 --> 01:12:01,560
Speaker 2: birds like all the birds. I got kingfish er, I

1602
01:12:01,640 --> 01:12:05,240
Speaker 2: got heroin, I got you know, ducks. I've got beautiful birds.

1603
01:12:05,240 --> 01:12:06,920
Speaker 2: But the magpies are a pain. And if I could

1604
01:12:06,920 --> 01:12:09,200
Speaker 2: shoot them, I would. I just take them out bing

1605
01:12:09,320 --> 01:12:11,840
Speaker 2: and would be good. We'd have a you know, proper boot.

1606
01:12:11,920 --> 01:12:13,280
Speaker 16: I don't know half. I'd want to see you with

1607
01:12:13,320 --> 01:12:17,440
Speaker 16: a gun. I reckon you'd have really weak wrists much

1608
01:12:17,479 --> 01:12:19,559
Speaker 16: of a caliber. Yes, stick with the spade.

1609
01:12:19,600 --> 01:12:21,200
Speaker 4: I think the spade the magpie.

1610
01:12:22,360 --> 01:12:24,759
Speaker 3: Nice to see you, guys, Jason Pine and Andrew Seville.

1611
01:12:24,760 --> 01:12:25,799
Speaker 3: It's Take twenty two.

1612
01:12:26,320 --> 01:12:29,240
Speaker 1: The Mike Hosking breakfast with the range Rover VI La

1613
01:12:29,560 --> 01:12:30,120
Speaker 1: News Togs.

1614
01:12:30,120 --> 01:12:32,960
Speaker 2: There'd be oh jeez, you're big on the magpies eight

1615
01:12:33,000 --> 01:12:35,080
Speaker 2: twenty five. By the way, I bet you can't shoot

1616
01:12:35,080 --> 01:12:37,000
Speaker 2: to make pie. They're trickier than you think. Yeah, there's

1617
01:12:37,000 --> 01:12:38,760
Speaker 2: two things. Are you allowed to shoot to make pie?

1618
01:12:38,760 --> 01:12:42,519
Speaker 2: The answers, yes, could I They're skittish at the beast

1619
01:12:42,520 --> 01:12:45,000
Speaker 2: of time, so you might have a point. I'd also

1620
01:12:45,080 --> 01:12:47,840
Speaker 2: need a gun, so I don't have one of those.

1621
01:12:47,880 --> 01:12:50,240
Speaker 2: So I'm sort of I'm short on the weaponry. At

1622
01:12:50,240 --> 01:12:53,559
Speaker 2: the month hire a gun, I believe not.

1623
01:12:53,800 --> 01:12:54,960
Speaker 3: No, I don't think so.

1624
01:12:55,120 --> 01:12:56,599
Speaker 22: May have watched too many John Wickmery.

1625
01:12:56,680 --> 01:12:58,280
Speaker 2: You know, I don't think you can hire them. But

1626
01:12:58,960 --> 01:13:01,400
Speaker 2: we've got magpies, the beautiful birds, and all have their

1627
01:13:01,439 --> 01:13:02,960
Speaker 2: own little territory as a couple.

1628
01:13:04,960 --> 01:13:08,000
Speaker 22: Goodness sake, that's what's wrong with this coach.

1629
01:13:08,200 --> 01:13:10,880
Speaker 2: It's exactly what's wrong with this country, Mike. Magpies are

1630
01:13:10,880 --> 01:13:12,840
Speaker 2: super smart. You can even teach them to talk.

1631
01:13:14,520 --> 01:13:18,880
Speaker 3: What what for? What did you do today? Well? See

1632
01:13:18,880 --> 01:13:19,800
Speaker 3: those I suppose.

1633
01:13:19,520 --> 01:13:21,040
Speaker 22: Then you could politely ask them to me.

1634
01:13:21,640 --> 01:13:23,559
Speaker 3: Can you nef off? Mike?

1635
01:13:23,640 --> 01:13:28,240
Speaker 2: Get a cockatoo. They'll fight the magpies. I've never seen

1636
01:13:28,800 --> 01:13:30,439
Speaker 2: a cockatoo fighter make trouble.

1637
01:13:30,680 --> 01:13:33,320
Speaker 11: Then you're you're running into an old lady who swallowed

1638
01:13:33,320 --> 01:13:36,719
Speaker 11: a spider who sat down beside her. Yeah no, no, no,

1639
01:13:36,720 --> 01:13:39,200
Speaker 11: no no, that wriggled and jiggled and tiggled inside.

1640
01:13:39,360 --> 01:13:39,800
Speaker 22: That's right.

1641
01:13:40,040 --> 01:13:42,720
Speaker 11: And then you have to fight in something to fight

1642
01:13:42,760 --> 01:13:43,320
Speaker 11: the cockatoo.

1643
01:13:43,840 --> 01:13:45,320
Speaker 22: Then you've got to find it's a.

1644
01:13:45,200 --> 01:13:47,479
Speaker 2: Circle, isn't it. It's like it's a circle. That's the

1645
01:13:47,520 --> 01:13:50,720
Speaker 2: problem I introduced. Pissed Mike, knock yourself out, well, that's

1646
01:13:50,720 --> 01:13:54,240
Speaker 2: probably the problem. I probably would, And so then Katie

1647
01:13:54,280 --> 01:13:54,760
Speaker 2: would go.

1648
01:13:54,960 --> 01:13:57,519
Speaker 22: I'm surprised you did knock yourself out with the spade sounds.

1649
01:13:57,439 --> 01:14:00,040
Speaker 3: And she'll be going, I'm not again, get.

1650
01:14:00,439 --> 01:14:02,320
Speaker 22: I'm actually surprised you knew where the spades were.

1651
01:14:02,439 --> 01:14:03,040
Speaker 3: Yeah, that's true.

1652
01:14:03,040 --> 01:14:04,719
Speaker 2: Well, I wasn't one hundred percent sure, to be fair,

1653
01:14:05,040 --> 01:14:06,800
Speaker 2: but I figured they could be in the shed, and

1654
01:14:06,840 --> 01:14:08,280
Speaker 2: I opened up the shep and I went, oh, look

1655
01:14:08,280 --> 01:14:09,800
Speaker 2: at all this stuff, and there happened to be some

1656
01:14:09,840 --> 01:14:12,320
Speaker 2: spades in there. So anyway, news for you in a

1657
01:14:12,320 --> 01:14:14,679
Speaker 2: couple of moments are two polls out as the election

1658
01:14:14,760 --> 01:14:17,320
Speaker 2: campaign rumbles on, and a big change of policy big

1659
01:14:17,360 --> 01:14:20,479
Speaker 2: backflip from Peter Dutton. Steve Price is good moments away.

1660
01:14:20,479 --> 01:14:26,439
Speaker 1: He would use talk, seed, news, opinion, and everything in between.

1661
01:14:26,760 --> 01:14:30,120
Speaker 1: The Mike Hosking break best with Bailey's Real Estate, your

1662
01:14:30,160 --> 01:14:34,360
Speaker 1: local experts across residential, commercial and rural news talks head belly.

1663
01:14:34,400 --> 01:14:37,160
Speaker 2: Mike commits the country's current overwhelming entertainment off your rural

1664
01:14:37,200 --> 01:14:39,960
Speaker 2: living hijinks and the fact that we all patently cannot

1665
01:14:39,960 --> 01:14:42,479
Speaker 2: wait to hear the next installment of a famous English

1666
01:14:42,520 --> 01:14:45,639
Speaker 2: media personalities Farming stories may twenty three. By the way,

1667
01:14:45,680 --> 01:14:48,840
Speaker 2: for season four, with your much talked about enthusiasm for

1668
01:14:48,880 --> 01:14:51,800
Speaker 2: New Zealand farming, have we just stumbled across the next

1669
01:14:51,800 --> 01:14:55,920
Speaker 2: big thing Hoskings Farm. The difference between Jeremy and I

1670
01:14:56,040 --> 01:14:58,760
Speaker 2: is Jeremy's entertaining an eye on the land and just

1671
01:14:58,800 --> 01:15:01,400
Speaker 2: a tragedy, so it would be more fast than anything else.

1672
01:15:01,520 --> 01:15:03,479
Speaker 22: More a freak show or a freak show.

1673
01:15:03,560 --> 01:15:04,880
Speaker 3: Twenty three minutes away from.

1674
01:15:04,880 --> 01:15:08,760
Speaker 1: Nine International Correspondence on News Talks'.

1675
01:15:09,120 --> 01:15:11,439
Speaker 3: Trans the Tasman See passes with us morning mate.

1676
01:15:11,880 --> 01:15:14,880
Speaker 2: Hey there, but all these two poles there seems to

1677
01:15:14,920 --> 01:15:16,280
Speaker 2: be and I think this must add to the other

1678
01:15:16,320 --> 01:15:19,400
Speaker 2: poles that there seems to be a theme elbow called

1679
01:15:19,439 --> 01:15:23,080
Speaker 2: the vote. People sobered up, went right? Who am I

1680
01:15:23,160 --> 01:15:26,240
Speaker 2: actually supporting? The move was on to labor And he's

1681
01:15:26,360 --> 01:15:27,160
Speaker 2: traveling nicely?

1682
01:15:27,240 --> 01:15:27,719
Speaker 3: Is that fair?

1683
01:15:28,920 --> 01:15:29,280
Speaker 18: Well?

1684
01:15:29,760 --> 01:15:29,960
Speaker 16: Yes?

1685
01:15:30,320 --> 01:15:33,120
Speaker 18: Or is Peter Dutton traveling poorly? Would be the other

1686
01:15:33,160 --> 01:15:35,400
Speaker 18: way to look at it. I mean people are still

1687
01:15:35,439 --> 01:15:38,360
Speaker 18: not yet fully engaged. I mean we kid ourselves. People

1688
01:15:38,400 --> 01:15:41,400
Speaker 18: read the Australian and Newspoll like you and I do,

1689
01:15:41,560 --> 01:15:44,559
Speaker 18: or Red Bridge in the other newsmited tablet papers, but

1690
01:15:44,640 --> 01:15:47,360
Speaker 18: they're not really that engaged and this is a particularly

1691
01:15:47,400 --> 01:15:51,240
Speaker 18: interesting election. Just quickly to the News poll result, it

1692
01:15:51,280 --> 01:15:55,920
Speaker 18: now has Labor ahead fifty two forty eight two party preferred.

1693
01:15:56,040 --> 01:15:59,200
Speaker 18: The coalition's primary vote is back where it was when

1694
01:15:59,200 --> 01:16:03,200
Speaker 18: it lost the election in twenty twenty two, giving Labor

1695
01:16:03,200 --> 01:16:07,080
Speaker 18: a one seat majority, So it means nothing's really changed.

1696
01:16:07,080 --> 01:16:10,559
Speaker 18: So if you had the elections weekend, Labor would probably

1697
01:16:10,560 --> 01:16:13,400
Speaker 18: get back in, maybe even with a majority. But the

1698
01:16:13,439 --> 01:16:16,920
Speaker 18: interesting thing about this election is there's four weeks to go,

1699
01:16:17,680 --> 01:16:21,160
Speaker 18: but there's only two clear weeks. You've got Easter followed

1700
01:16:21,160 --> 01:16:24,479
Speaker 18: by Anzac Day. Now our Anzac Day obviously is on

1701
01:16:24,479 --> 01:16:28,360
Speaker 18: the twenty fifth of April, so you've got good Friday,

1702
01:16:28,400 --> 01:16:30,559
Speaker 18: and then you head into the week that had Easter Monday,

1703
01:16:30,880 --> 01:16:33,599
Speaker 18: with Anzac Day at the bottom end of that. School

1704
01:16:33,640 --> 01:16:37,120
Speaker 18: holidays are on, most people are taking and you'll leave

1705
01:16:37,280 --> 01:16:39,040
Speaker 18: to turn that into a week off. So no one's

1706
01:16:39,040 --> 01:16:41,800
Speaker 18: talking about politics for two of the last four weeks.

1707
01:16:41,800 --> 01:16:45,639
Speaker 18: So Peter Dunton really has one real chance this week

1708
01:16:46,000 --> 01:16:48,200
Speaker 18: and the last week of the campaign to turn people's

1709
01:16:48,240 --> 01:16:48,799
Speaker 18: views around.

1710
01:16:49,120 --> 01:16:51,960
Speaker 2: I'm just not convinced that him flip flopping on working

1711
01:16:51,960 --> 01:16:55,080
Speaker 2: from home give scenes a level of reassurance he knows

1712
01:16:55,120 --> 01:16:56,240
Speaker 2: what he's doing though does.

1713
01:16:56,040 --> 01:16:58,879
Speaker 18: It No, it doesn't as it gives a sense of weakness.

1714
01:16:58,880 --> 01:17:02,200
Speaker 18: I mean, this is the scheme that the coalition announced

1715
01:17:02,520 --> 01:17:04,880
Speaker 18: a few weeks back where and it was supposed to

1716
01:17:04,920 --> 01:17:07,880
Speaker 18: be aimed purely and squarely at Cambra public servants. Now

1717
01:17:08,320 --> 01:17:12,240
Speaker 18: the Albanezi governments employed an extra thirty six thousand public

1718
01:17:12,280 --> 01:17:15,360
Speaker 18: servants since they've been in the office. And what Peter

1719
01:17:15,439 --> 01:17:18,160
Speaker 18: Dutton was saying, if you're a camera public servant, if

1720
01:17:18,200 --> 01:17:20,240
Speaker 18: I win the election, you will need to go back

1721
01:17:20,240 --> 01:17:22,920
Speaker 18: to the office and not work from home. And he

1722
01:17:23,040 --> 01:17:25,599
Speaker 18: said further than that that he was going to cut

1723
01:17:25,600 --> 01:17:28,479
Speaker 18: the size of the public service. What the Labor Party

1724
01:17:28,479 --> 01:17:30,840
Speaker 18: have cleverly been doing is saying, oh, Peter Dutton's coming

1725
01:17:30,880 --> 01:17:34,240
Speaker 18: for any working wife, who housewife, who works from home,

1726
01:17:34,960 --> 01:17:36,840
Speaker 18: and women were the ones that were seen to be

1727
01:17:36,840 --> 01:17:39,760
Speaker 18: the targets that you know, they've got a couple of

1728
01:17:39,840 --> 01:17:41,800
Speaker 18: young children, they've got a job that's able to be

1729
01:17:41,840 --> 01:17:45,759
Speaker 18: done from home and they're very happy doing that post COVID. Well,

1730
01:17:45,840 --> 01:17:48,439
Speaker 18: Peter Dutton never intended it to be that target. So

1731
01:17:48,479 --> 01:17:52,439
Speaker 18: what he did yesterday and he'll reiterate that today is

1732
01:17:52,479 --> 01:17:54,439
Speaker 18: he's going to scrap the scheme. He's going to say, oh,

1733
01:17:54,479 --> 01:17:57,840
Speaker 18: well you know we got that wrong move on, nothing

1734
01:17:57,880 --> 01:18:00,000
Speaker 18: to see here, see you later. It just shows up

1735
01:18:00,040 --> 01:18:03,000
Speaker 18: bit of backfooting and a bit of weakness. Weakness, I believe,

1736
01:18:03,040 --> 01:18:05,800
Speaker 18: and I think the policy in its original form, just

1737
01:18:05,960 --> 01:18:08,920
Speaker 18: Mike wasn't properly explained and he should have stuck with it.

1738
01:18:09,000 --> 01:18:11,559
Speaker 2: Yep, did right that. I was watching the footage over

1739
01:18:11,560 --> 01:18:13,360
Speaker 2: the weekend. So he's kicking a ball around. God, it

1740
01:18:13,400 --> 01:18:15,599
Speaker 2: must be boring being a politician. So I'm watching the park.

1741
01:18:15,640 --> 01:18:17,400
Speaker 2: He's just going back and forward with his kid, back

1742
01:18:17,439 --> 01:18:19,360
Speaker 2: and forth, back and forth. Anyway, kicks it and hits

1743
01:18:19,360 --> 01:18:22,040
Speaker 2: the cameraman on the head and suddenly there's blood galore.

1744
01:18:23,000 --> 01:18:27,479
Speaker 2: And was that widely publicized? And who won that? Did

1745
01:18:27,479 --> 01:18:30,280
Speaker 2: we feel sorry for the cameraman? Was that just life?

1746
01:18:31,040 --> 01:18:31,200
Speaker 1: Well?

1747
01:18:31,240 --> 01:18:31,679
Speaker 22: Everywhere?

1748
01:18:32,160 --> 01:18:34,639
Speaker 18: It was publicized everywhere. I mean the problem for Peter

1749
01:18:34,720 --> 01:18:36,840
Speaker 18: Dutton is he's a Queensland and he's trying to play

1750
01:18:36,840 --> 01:18:40,040
Speaker 18: a straighten his football. He had no clue how to

1751
01:18:40,120 --> 01:18:41,400
Speaker 18: kick it or what to do with it. I mean,

1752
01:18:41,800 --> 01:18:44,240
Speaker 18: if you were a media advisor these people you'd say,

1753
01:18:44,640 --> 01:18:48,400
Speaker 18: don't hold babies don't hold footballs, don't kick things, don't

1754
01:18:48,400 --> 01:18:51,200
Speaker 18: try and be a netballer. Just do your buddy job

1755
01:18:51,280 --> 01:18:52,559
Speaker 18: and leave that to everyone else.

1756
01:18:52,640 --> 01:18:53,360
Speaker 3: Yeah, exactly.

1757
01:18:54,160 --> 01:18:56,840
Speaker 2: Of course, Morrison famously tackled the kid by the way,

1758
01:18:56,920 --> 01:19:00,280
Speaker 2: this thing that elbows on about batteries and solar power power,

1759
01:19:00,280 --> 01:19:02,160
Speaker 2: you got a whole different scenario in Australia than we

1760
01:19:02,200 --> 01:19:04,760
Speaker 2: do in New Zealand because you've got sunshine, more sunshine

1761
01:19:04,760 --> 01:19:05,200
Speaker 2: than I get.

1762
01:19:05,240 --> 01:19:05,600
Speaker 1: All of that.

1763
01:19:06,200 --> 01:19:10,200
Speaker 2: But a battery is a bloody expensive thing to contemplate.

1764
01:19:10,400 --> 01:19:12,080
Speaker 2: How do you sell that to a wider public?

1765
01:19:12,760 --> 01:19:15,200
Speaker 18: Interesting you say that because when you look at this

1766
01:19:15,240 --> 01:19:17,640
Speaker 18: policy with more details. So Anthony Albnezi comes out of

1767
01:19:17,640 --> 01:19:20,760
Speaker 18: the weekend it says, everybody who's got solar system on

1768
01:19:20,800 --> 01:19:23,880
Speaker 18: their roof, if we win the election come July, I'll

1769
01:19:23,920 --> 01:19:26,760
Speaker 18: give you four thousand dollars toward the cost of a

1770
01:19:26,760 --> 01:19:29,960
Speaker 18: battery to strap to the side of your house. Everyone goes, well,

1771
01:19:30,080 --> 01:19:33,479
Speaker 18: that's a good idea, Thank fabulous. I might be up

1772
01:19:33,520 --> 01:19:36,879
Speaker 18: for that. When you look at the detail, as columnists

1773
01:19:36,920 --> 01:19:39,640
Speaker 18: have started to do today, the average cost of a

1774
01:19:40,200 --> 01:19:43,439
Speaker 18: solar battery in Australia on a property, your private property

1775
01:19:43,520 --> 01:19:46,240
Speaker 18: is about nine and a half thousand dollars, So you've

1776
01:19:46,240 --> 01:19:48,439
Speaker 18: got four, you've got to then come up with another five.

1777
01:19:49,200 --> 01:19:54,479
Speaker 18: And someone's calculated today that if you put solar panels

1778
01:19:54,520 --> 01:19:58,120
Speaker 18: and a battery on from the start today, you're probably

1779
01:19:58,200 --> 01:20:00,960
Speaker 18: going to take you something like no years to pay

1780
01:20:01,000 --> 01:20:04,160
Speaker 18: that off to get any wholesale benefit out of what

1781
01:20:04,200 --> 01:20:09,240
Speaker 18: you've done anyway, And look, I just think this will

1782
01:20:09,280 --> 01:20:12,599
Speaker 18: flow through to some people. But as my great friend

1783
01:20:12,640 --> 01:20:15,120
Speaker 18: Andrew Bolt said in the column this morning, he said,

1784
01:20:15,160 --> 01:20:20,680
Speaker 18: it's basically the giving the rich the ability to have

1785
01:20:20,760 --> 01:20:23,400
Speaker 18: batteries and solar on the house, and the working poor

1786
01:20:23,400 --> 01:20:26,439
Speaker 18: have no possibility of ever doing it exactly.

1787
01:20:26,439 --> 01:20:28,280
Speaker 2: And the other thing is that you'll be similar But

1788
01:20:28,360 --> 01:20:30,519
Speaker 2: in New Zealand, the average length of a home ownership

1789
01:20:30,560 --> 01:20:32,519
Speaker 2: for seven years. So you put your battery and your

1790
01:20:32,520 --> 01:20:34,719
Speaker 2: solar on and then you sell your house and you've

1791
01:20:34,800 --> 01:20:35,880
Speaker 2: gained literally nothing.

1792
01:20:36,439 --> 01:20:38,080
Speaker 18: Yeah, he's not packing it up and putting it in

1793
01:20:38,080 --> 01:20:39,080
Speaker 18: the removal truck.

1794
01:20:38,880 --> 01:20:39,240
Speaker 1: Aren't you.

1795
01:20:39,280 --> 01:20:39,360
Speaker 15: No?

1796
01:20:39,439 --> 01:20:39,920
Speaker 3: Exactly that.

1797
01:20:41,800 --> 01:20:43,800
Speaker 2: Land bridge thing, by the way, just quickly in port

1798
01:20:43,800 --> 01:20:48,080
Speaker 2: of Darwins that got the is it a Chinese thing

1799
01:20:48,120 --> 01:20:51,639
Speaker 2: that they've stripped them of their lease? Is that an

1800
01:20:51,640 --> 01:20:52,800
Speaker 2: anti China move?

1801
01:20:53,640 --> 01:20:54,280
Speaker 3: That we've seen.

1802
01:20:54,320 --> 01:20:56,320
Speaker 18: Well, it's one hundred year lease that should never have

1803
01:20:56,360 --> 01:20:58,360
Speaker 18: been written. It was written by the state government at

1804
01:20:58,360 --> 01:21:01,519
Speaker 18: the time. It was a labor Northern Tritory commissioned government

1805
01:21:02,800 --> 01:21:05,360
Speaker 18: and Dunton came out on Friday and said that he

1806
01:21:05,400 --> 01:21:08,479
Speaker 18: would tear it up if he were elected. Anthony Albanize

1807
01:21:08,479 --> 01:21:10,240
Speaker 18: he stumbled in and said he did the same thing.

1808
01:21:11,520 --> 01:21:14,160
Speaker 18: It matters to Australians, we don't and it matters to

1809
01:21:14,200 --> 01:21:16,720
Speaker 18: our American allies. By the way, no one's ever been

1810
01:21:16,720 --> 01:21:20,240
Speaker 18: comfortable with the fact that China has control over the

1811
01:21:20,400 --> 01:21:23,520
Speaker 18: port nearest to China on the north coast of Australia.

1812
01:21:24,400 --> 01:21:27,800
Speaker 2: The markets when they opened this morning, how braced are you?

1813
01:21:29,160 --> 01:21:31,559
Speaker 18: They'll collapse? I like what the Wall Street did?

1814
01:21:31,840 --> 01:21:32,120
Speaker 1: You know?

1815
01:21:32,760 --> 01:21:36,320
Speaker 18: Everyone with superannuations just holding their breath and saying to

1816
01:21:36,400 --> 01:21:40,400
Speaker 18: their financial advisors, don't bring me for the next eight years.

1817
01:21:40,439 --> 01:21:42,880
Speaker 18: I want to know, because it'll be a bloodbath.

1818
01:21:43,000 --> 01:21:45,080
Speaker 2: Will demand exactly all right? Might go, well, catch up

1819
01:21:45,080 --> 01:21:48,240
Speaker 2: on Wednesday, appreciate very much. The A six was down

1820
01:21:48,280 --> 01:21:49,680
Speaker 2: just one hundred and seventy seven, about two and a

1821
01:21:49,720 --> 01:21:52,040
Speaker 2: half two and a half percent on Friday.

1822
01:21:52,400 --> 01:21:54,000
Speaker 3: They did worse than we did.

1823
01:21:55,240 --> 01:21:57,599
Speaker 2: But they're going to be whacked the same way. We're

1824
01:21:57,600 --> 01:21:59,400
Speaker 2: going to be whacked this morning as well. Sixteen away

1825
01:21:59,400 --> 01:22:01,439
Speaker 2: from nine the.

1826
01:22:01,600 --> 01:22:05,880
Speaker 1: Like Asking Breakfast Full Show podcast on iHeartRadio powered by

1827
01:22:05,920 --> 01:22:06,680
Speaker 1: News Talks at B.

1828
01:22:08,240 --> 01:22:11,639
Speaker 2: There's a I didn't realize, but we to a degree

1829
01:22:12,000 --> 01:22:16,559
Speaker 2: our timber industry. This is Trump tariffs, etc. Our timber

1830
01:22:16,640 --> 01:22:19,920
Speaker 2: industry seems to have been carved out in something that

1831
01:22:20,000 --> 01:22:22,280
Speaker 2: doesn't have a carve out. We have a carve out,

1832
01:22:23,040 --> 01:22:25,160
Speaker 2: I found out over the weekend. So the problem is

1833
01:22:26,160 --> 01:22:28,479
Speaker 2: they do these investigations. They've done a number of them.

1834
01:22:28,520 --> 01:22:31,000
Speaker 2: It's under the Trade Expansion Act of nineteen sixty two.

1835
01:22:31,720 --> 01:22:34,320
Speaker 2: And they've also investigated copper, which, by the way, if

1836
01:22:34,320 --> 01:22:36,920
Speaker 2: we haven't followed copper lately, it's gone through the roof

1837
01:22:37,439 --> 01:22:41,839
Speaker 2: in terms of price. Similar investigation into steel and aluminum. Anyway,

1838
01:22:41,880 --> 01:22:45,719
Speaker 2: the construction companies and the various associations in America lobby

1839
01:22:45,840 --> 01:22:49,040
Speaker 2: the government and said, don't do this because we are

1840
01:22:49,080 --> 01:22:51,600
Speaker 2: desperately short of timber and America and we need to

1841
01:22:51,600 --> 01:22:54,719
Speaker 2: import as much as we possibly can. We sell timber

1842
01:22:54,760 --> 01:22:58,759
Speaker 2: to the Americans, and so at this particular point, until

1843
01:22:58,800 --> 01:23:01,960
Speaker 2: their current market study into timber comes back, we are

1844
01:23:02,280 --> 01:23:06,439
Speaker 2: or our industry is exempt encouraging lee from tariff. So

1845
01:23:06,439 --> 01:23:08,439
Speaker 2: at least that's good. And I was very very pleased

1846
01:23:08,479 --> 01:23:10,000
Speaker 2: to hear the Prime Ministry on the program if you

1847
01:23:10,000 --> 01:23:12,880
Speaker 2: missed it about an hour ago. He's sort of coincided

1848
01:23:12,920 --> 01:23:14,479
Speaker 2: with what I've been trying to say on the program.

1849
01:23:14,520 --> 01:23:16,280
Speaker 2: And I hope he's right, because if he's right, that

1850
01:23:16,360 --> 01:23:18,200
Speaker 2: means I'm right, and if we're both right, it means

1851
01:23:18,240 --> 01:23:20,800
Speaker 2: that we're going to be okay with this. The certain

1852
01:23:20,800 --> 01:23:22,599
Speaker 2: things if you look at America that we sell them,

1853
01:23:22,840 --> 01:23:25,479
Speaker 2: beef being one of them, wine being another. Is My

1854
01:23:25,640 --> 01:23:28,479
Speaker 2: argument has always been that the tariffs are for the

1855
01:23:28,520 --> 01:23:32,160
Speaker 2: bottom dwellers there for the bulk quality products, whereas if

1856
01:23:32,200 --> 01:23:33,600
Speaker 2: you're at the top end of the market, and he

1857
01:23:33,640 --> 01:23:35,559
Speaker 2: was making this point, if you're on the upper east

1858
01:23:35,600 --> 01:23:38,879
Speaker 2: side of Manhattan, and if you're living on Madison Avenue,

1859
01:23:39,680 --> 01:23:44,840
Speaker 2: whether you're you know, grass fed, I fill it is

1860
01:23:44,960 --> 01:23:48,799
Speaker 2: sixty two dollars us aquilo or sixty seven dollars us achuilo,

1861
01:23:48,960 --> 01:23:51,240
Speaker 2: matter is not to you because you've got plenty of dough,

1862
01:23:51,600 --> 01:23:53,559
Speaker 2: and the same applies to our wine. So in other words,

1863
01:23:53,720 --> 01:23:56,759
Speaker 2: you can pass that cost of the tariff on without

1864
01:23:56,920 --> 01:23:59,960
Speaker 2: fear of losing your market share. And that's always been

1865
01:24:00,160 --> 01:24:04,720
Speaker 2: the story of quality over quantity. But one of my

1866
01:24:04,720 --> 01:24:06,400
Speaker 2: favorite people in the world of the market's a guy

1867
01:24:06,400 --> 01:24:08,800
Speaker 2: called Jim Kramer, and he works with the CNBC, and

1868
01:24:09,200 --> 01:24:11,120
Speaker 2: he's a very sharp guy who's been around for many,

1869
01:24:11,120 --> 01:24:13,680
Speaker 2: many years now. He is what he describes as a

1870
01:24:13,680 --> 01:24:16,960
Speaker 2: fair trader, not a free trader, and he is typical

1871
01:24:17,040 --> 01:24:19,240
Speaker 2: of the voices you heard over the weekend as to

1872
01:24:19,280 --> 01:24:20,599
Speaker 2: why this has gone so wrong.

1873
01:24:20,800 --> 01:24:21,519
Speaker 3: Over and over again.

1874
01:24:21,560 --> 01:24:24,240
Speaker 23: The presidents said, listen, it's going to be reciprocal, so

1875
01:24:24,400 --> 01:24:26,040
Speaker 23: you do it, we do it, And that was going

1876
01:24:26,120 --> 01:24:27,800
Speaker 23: to be so good, and I really believe in it,

1877
01:24:27,920 --> 01:24:30,439
Speaker 23: and I feel like a sucker tonight because I am

1878
01:24:30,760 --> 01:24:32,920
Speaker 23: not a free trader and I do not believe in

1879
01:24:33,000 --> 01:24:35,320
Speaker 23: free trade. And I was just as tough, if not

1880
01:24:35,400 --> 01:24:36,360
Speaker 23: tougher than his people.

1881
01:24:36,600 --> 01:24:37,920
Speaker 3: But they screwed it up.

1882
01:24:37,880 --> 01:24:40,800
Speaker 23: And they really need it get it a totally ill

1883
01:24:40,840 --> 01:24:43,479
Speaker 23: advised way, and I was very let down, exactly.

1884
01:24:43,520 --> 01:24:46,840
Speaker 2: And he's not alone. And even the economists look at it,

1885
01:24:46,840 --> 01:24:49,880
Speaker 2: they can't explain it. There's no logic to it. They

1886
01:24:49,880 --> 01:24:52,479
Speaker 2: can't work out what the calculation or the mathematics was.

1887
01:24:52,880 --> 01:24:55,200
Speaker 2: They certainly can't explain why an island for the penguins

1888
01:24:55,240 --> 01:24:57,599
Speaker 2: gets tariffs as well, and so it goes. The whole

1889
01:24:57,640 --> 01:25:00,360
Speaker 2: thing is a cluster and it will start to unfold

1890
01:25:00,400 --> 01:25:00,760
Speaker 2: even more.

1891
01:25:00,840 --> 01:25:00,920
Speaker 1: Up.

1892
01:25:00,920 --> 01:25:03,720
Speaker 2: We're in the New Zealand market open shortly ten to nine.

1893
01:25:03,760 --> 01:25:07,400
Speaker 1: The Mike Hosking Breakfast with Bailey's Real Estate News.

1894
01:25:07,280 --> 01:25:09,799
Speaker 2: Dogs Dead be they got rid of the or impeached

1895
01:25:09,800 --> 01:25:11,840
Speaker 2: the South Korean president over the weekend. I forgot to

1896
01:25:11,840 --> 01:25:13,720
Speaker 2: mention that earlier on in the program, but that's been

1897
01:25:13,760 --> 01:25:15,439
Speaker 2: bubbling away for the last couple of times. Not to

1898
01:25:15,439 --> 01:25:17,479
Speaker 2: be confused with the Prime Minister, who's also been an issue.

1899
01:25:17,479 --> 01:25:21,080
Speaker 2: But the whole of the Korean situation is a moveable

1900
01:25:21,080 --> 01:25:22,800
Speaker 2: feast at the moment. A number of you like this

1901
01:25:22,920 --> 01:25:25,439
Speaker 2: aviation geek here, Mike, the on time performance data that

1902
01:25:25,479 --> 01:25:26,960
Speaker 2: you gave for in New Zealand, et cetera, et cetera,

1903
01:25:26,960 --> 01:25:30,360
Speaker 2: et cetera. Cut a long story short. I gave you

1904
01:25:30,400 --> 01:25:34,040
Speaker 2: main trunk roots. There's regional as the issue, and I

1905
01:25:34,040 --> 01:25:37,360
Speaker 2: think we probably know that, so we're chasing that up today.

1906
01:25:37,400 --> 01:25:39,800
Speaker 2: There is some suggestion that a New Zealand works fairly

1907
01:25:39,840 --> 01:25:43,080
Speaker 2: hard not to have the regional stuff released because in

1908
01:25:43,160 --> 01:25:45,200
Speaker 2: there is the numbers, there are the numbers that are

1909
01:25:45,200 --> 01:25:47,400
Speaker 2: a problem. So we'll talk to the status department today,

1910
01:25:47,439 --> 01:25:49,200
Speaker 2: see why they don't release them, Can they release them,

1911
01:25:49,240 --> 01:25:51,120
Speaker 2: Will they release them, and will report back on the

1912
01:25:51,120 --> 01:25:53,439
Speaker 2: program tomorrow. Then we come to the business of White

1913
01:25:53,479 --> 01:25:57,360
Speaker 2: Lotus this afternoon, which comes to its conclusion what I

1914
01:25:57,400 --> 01:25:59,840
Speaker 2: can't And it's one of the few programs that's in

1915
01:26:00,080 --> 01:26:03,040
Speaker 2: the last whatever half dozen weeks really sort of globally

1916
01:26:03,120 --> 01:26:05,479
Speaker 2: kind of gone off, mainly due as far as I

1917
01:26:05,479 --> 01:26:08,560
Speaker 2: can work out, to the seemingly unending amount of publicity

1918
01:26:08,600 --> 01:26:12,920
Speaker 2: the stars seem to want to do, either indicating they

1919
01:26:13,000 --> 01:26:16,760
Speaker 2: just love being interviewed, or to the show's tanked. It's

1920
01:26:16,800 --> 01:26:18,920
Speaker 2: a dog, it's not rating, and so they're desperate to

1921
01:26:18,920 --> 01:26:20,800
Speaker 2: get the publicity and the word out. But you're seeing

1922
01:26:20,840 --> 01:26:22,880
Speaker 2: if you read the international press, these guys have been

1923
01:26:22,960 --> 01:26:26,679
Speaker 2: literally everywhere, being interviewed by literally everybody, and it all

1924
01:26:26,720 --> 01:26:31,680
Speaker 2: culminates allegedly in ninety minutes of bang there it is,

1925
01:26:31,760 --> 01:26:36,560
Speaker 2: wrap it up ninety minutes, ninety minutes as of this afternoon,

1926
01:26:36,600 --> 01:26:38,800
Speaker 2: an hour earlier, because we've gone back in time, of course,

1927
01:26:38,840 --> 01:26:43,120
Speaker 2: which helps it. So the culmination. I'm in abeyance and

1928
01:26:43,200 --> 01:26:46,320
Speaker 2: having watched season one. In season two, I'm a little

1929
01:26:46,320 --> 01:26:48,639
Speaker 2: bit out on season three. I'll be back for season four.

1930
01:26:48,680 --> 01:26:51,160
Speaker 2: I'm not one of those sort of people, but I

1931
01:26:51,240 --> 01:26:53,800
Speaker 2: don't believe it doesn't feel like it's been quite as

1932
01:26:53,800 --> 01:26:56,160
Speaker 2: good as one or two. It may well amend itself

1933
01:26:56,160 --> 01:26:59,720
Speaker 2: this afternoon over the ninety minutes, but we'll be talking

1934
01:26:59,760 --> 01:27:01,639
Speaker 2: about tomorrow five minutes away from nine.

1935
01:27:02,040 --> 01:27:05,840
Speaker 1: Trending now with the chemist Warehouse, the home of big

1936
01:27:05,880 --> 01:27:07,280
Speaker 1: brand ftamins.

1937
01:27:06,760 --> 01:27:09,559
Speaker 2: And we'll be talking about this as well. So Musk

1938
01:27:09,760 --> 01:27:12,320
Speaker 2: was with the Italian League over the weekend via zoom

1939
01:27:12,360 --> 01:27:15,719
Speaker 2: talking about this idea of free trade and no tariffs

1940
01:27:15,720 --> 01:27:19,800
Speaker 2: between the EU and the US. He's run into some

1941
01:27:19,840 --> 01:27:23,200
Speaker 2: trouble with Petere Navarro, who's one of the heavyweights, former

1942
01:27:23,280 --> 01:27:27,759
Speaker 2: jailbird but now hanging out with Trump. And so Musk

1943
01:27:27,880 --> 01:27:31,719
Speaker 2: said on X that having an economics degree from Harvard

1944
01:27:31,920 --> 01:27:35,360
Speaker 2: is a bad thing, not a good thing, and Navarro

1945
01:27:35,479 --> 01:27:41,320
Speaker 2: doesn't know anything because he quote ain't built shit. So

1946
01:27:42,160 --> 01:27:44,160
Speaker 2: Navarro came back.

1947
01:27:44,320 --> 01:27:47,320
Speaker 24: It was interesting to hear Elon Musk at the beginning

1948
01:27:47,439 --> 01:27:50,719
Speaker 24: talk about his zero tariff zone with Europe. He didn't

1949
01:27:50,800 --> 01:27:53,240
Speaker 24: understand that. And the thing that's I think important about

1950
01:27:53,240 --> 01:27:56,559
Speaker 24: Elon to understand he sells cars, that's what he does.

1951
01:27:56,760 --> 01:27:59,280
Speaker 24: And if you look, for example, at the Tesla factories

1952
01:27:59,640 --> 01:28:02,840
Speaker 24: in their assembly plants, and they get a lot of

1953
01:28:02,880 --> 01:28:08,680
Speaker 24: their content from China, Mexico, Japan and Taiwan and elsewhere.

1954
01:28:09,160 --> 01:28:11,240
Speaker 2: Right, So none of that makes any sense at all.

1955
01:28:11,560 --> 01:28:13,800
Speaker 2: So what's he's saying is that all the places that

1956
01:28:13,840 --> 01:28:16,200
Speaker 2: make those parts are going to upsticks and move to

1957
01:28:16,240 --> 01:28:18,919
Speaker 2: America now, so that every single aspect of the Tesla

1958
01:28:18,960 --> 01:28:21,400
Speaker 2: is made uniquely in America. Is that what he's saying.

1959
01:28:21,520 --> 01:28:24,960
Speaker 2: Guy's an idiot. None of that's happening. And that's the problem.

1960
01:28:25,040 --> 01:28:28,679
Speaker 2: And this is where Musk, who's as insane as any

1961
01:28:28,720 --> 01:28:33,160
Speaker 2: of them, does nevertheless understand the real world because he

1962
01:28:33,200 --> 01:28:35,040
Speaker 2: lives in the real world. He hasn't been in jail

1963
01:28:35,120 --> 01:28:39,960
Speaker 2: like Navarro has. So he understands that you can't make

1964
01:28:40,040 --> 01:28:43,880
Speaker 2: certain bits of cars in America without making you seventy

1965
01:28:43,880 --> 01:28:45,840
Speaker 2: thousand dollars Tesla or one hundred and seventy thousand.

1966
01:28:45,880 --> 01:28:47,240
Speaker 22: No, I mean, he gets it. That's why when he

1967
01:28:47,320 --> 01:28:49,679
Speaker 22: was starting up his space business and.

1968
01:28:49,720 --> 01:28:52,160
Speaker 11: Rockets were too expensive to buy in America, he went

1969
01:28:52,240 --> 01:28:54,280
Speaker 11: to Russia books instead.

1970
01:28:54,840 --> 01:28:57,080
Speaker 2: By the way, the other people texting saying why weren't

1971
01:28:57,080 --> 01:29:00,720
Speaker 2: the tariffs on Russia conspiracy? Conspiracy, conspiracy. The reason is

1972
01:29:01,560 --> 01:29:05,439
Speaker 2: Russia is banned basically all over the world from trading.

1973
01:29:05,439 --> 01:29:08,400
Speaker 2: There is no trade between Russia and the United States. Therefore,

1974
01:29:08,439 --> 01:29:10,479
Speaker 2: there is no need for a terrify on something that

1975
01:29:10,520 --> 01:29:13,600
Speaker 2: doesn't exist. Even Trump understands that aspect of it, surprisingly

1976
01:29:14,200 --> 01:29:15,439
Speaker 2: because he tariffs the Penguins.

1977
01:29:15,880 --> 01:29:16,080
Speaker 3: Now.

1978
01:29:16,160 --> 01:29:19,240
Speaker 2: We'll be back tomorrow with Bruce Hornsby among others.

1979
01:29:19,560 --> 01:29:20,920
Speaker 3: As always, Happy Days.

1980
01:29:24,400 --> 01:29:27,280
Speaker 1: For more from the mic Asking Breakfast, listen live to

1981
01:29:27,400 --> 01:29:30,439
Speaker 1: news talks it'd be from six am weekdays, or follow

1982
01:29:30,520 --> 01:29:32,080
Speaker 1: the podcast on iHeartRadio.