1 00:00:01,040 --> 00:00:04,400 Speaker 1: Setting the news agenda and digging into the issues the 2 00:00:04,600 --> 00:00:09,239 Speaker 1: Mic Hosking Breakfast with Alveda, Retirement, Communities, Life Your Way, 3 00:00:09,360 --> 00:00:10,600 Speaker 1: News Talks, head be Ueen. 4 00:00:10,680 --> 00:00:10,959 Speaker 2: Welcome. 5 00:00:11,000 --> 00:00:13,160 Speaker 3: Today is ther day and what intact it has on 6 00:00:13,200 --> 00:00:15,560 Speaker 3: the economy Heading into the holidays. More doctors and nurses 7 00:00:15,560 --> 00:00:17,520 Speaker 3: are coming, genetics modification. We have a look at a 8 00:00:17,600 --> 00:00:20,560 Speaker 3: new report and about Mark and Jenny politics Wednesday after late, 9 00:00:20,600 --> 00:00:22,799 Speaker 3: of course, are at general c price. 10 00:00:22,840 --> 00:00:25,880 Speaker 4: They will surprise you as well. Hosky, Welcome to the 11 00:00:25,920 --> 00:00:27,680 Speaker 4: middle of the week, seven past six. I'm afraid to 12 00:00:27,720 --> 00:00:30,080 Speaker 4: say that the cash rate announcement today from our good 13 00:00:30,080 --> 00:00:32,400 Speaker 4: friends and visionaries at the Reserve Bank might not be 14 00:00:32,520 --> 00:00:35,400 Speaker 4: the same excitement level as the first one. So if 15 00:00:35,440 --> 00:00:37,760 Speaker 4: you remember when the prospect of a cut first emerged, 16 00:00:38,120 --> 00:00:40,200 Speaker 4: there was a palpable lift in the mood based around 17 00:00:40,240 --> 00:00:42,200 Speaker 4: the idea that cutting was good news, and the good 18 00:00:42,200 --> 00:00:44,680 Speaker 4: news was driven by the fact the worst was over. 19 00:00:44,960 --> 00:00:47,040 Speaker 4: I think at that point many assumed that a lot 20 00:00:47,040 --> 00:00:50,000 Speaker 4: of other stuff would follow. Sadly, it doesn't appear to have. 21 00:00:50,280 --> 00:00:52,680 Speaker 4: We will get another cut today and the consensus seems 22 00:00:52,720 --> 00:00:55,080 Speaker 4: to be it'll be fifty points gold Blessed. Greg Smith 23 00:00:55,080 --> 00:00:57,040 Speaker 4: at Deboni's with us in a moment for a seventy 24 00:00:57,040 --> 00:01:00,000 Speaker 4: five point campaign, And oh how I wish he was right, 25 00:01:00,120 --> 00:01:03,080 Speaker 4: because he is right what he sees, he's not making up. 26 00:01:03,120 --> 00:01:04,960 Speaker 4: And as a result, this economy of ours needs a 27 00:01:05,000 --> 00:01:07,480 Speaker 4: good stick of dynamite under it. But fifty, it appears 28 00:01:07,560 --> 00:01:09,959 Speaker 4: it will be also coming. With the number is the 29 00:01:10,000 --> 00:01:12,120 Speaker 4: full barrage of commentary, and this is the bit the 30 00:01:12,160 --> 00:01:15,120 Speaker 4: wonks will pour over looking for clues about what lies ahead. 31 00:01:15,480 --> 00:01:18,240 Speaker 4: The tragedy is instead of a bounce, we seem to 32 00:01:18,240 --> 00:01:20,800 Speaker 4: have a stalling. Maybe it's a delayed reaction. Maybe the 33 00:01:20,800 --> 00:01:23,640 Speaker 4: bounce will come. But increasingly the banks see not just 34 00:01:23,720 --> 00:01:26,120 Speaker 4: confirmation of the recession for Q three but also Q 35 00:01:26,280 --> 00:01:29,000 Speaker 4: four that could be backwards as well. That, by the way, 36 00:01:29,040 --> 00:01:32,720 Speaker 4: would be seven out of eight quarters from the past 37 00:01:32,760 --> 00:01:36,960 Speaker 4: two years going in the wrong direction. No other country 38 00:01:37,040 --> 00:01:40,280 Speaker 4: we compare ourselves too, has managed anything close to that. 39 00:01:40,680 --> 00:01:43,399 Speaker 4: Twenty twenty five has growth, they say, but barely. It's 40 00:01:43,400 --> 00:01:46,280 Speaker 4: not until twenty twenty six we start to see what 41 00:01:46,319 --> 00:01:48,200 Speaker 4: most of us would argue with some sort of normal 42 00:01:48,200 --> 00:01:50,760 Speaker 4: in the GDP department. Other countries, I mean, the likes 43 00:01:50,760 --> 00:01:52,800 Speaker 4: of Australia, the likes of the United States haven't had 44 00:01:52,800 --> 00:01:55,440 Speaker 4: a single recession, far less three and because of that, 45 00:01:55,480 --> 00:01:58,559 Speaker 4: their jobs market has remained solid, the spending has remained decent. Enough. 46 00:01:58,760 --> 00:02:02,480 Speaker 4: Is it possible? Is it possible we've had it so 47 00:02:02,720 --> 00:02:05,960 Speaker 4: bad we can't shake ourselves loose? The RB argument is 48 00:02:06,000 --> 00:02:08,480 Speaker 4: inflations under control, we can cut rates. Now, get on 49 00:02:08,560 --> 00:02:10,960 Speaker 4: with it. Is it the getting on with it that 50 00:02:11,000 --> 00:02:14,320 Speaker 4: we're afraid of? Have we been shell shocked so badly? 51 00:02:15,000 --> 00:02:17,120 Speaker 4: Not many actually want to take the first step. And 52 00:02:17,160 --> 00:02:19,440 Speaker 4: if that's the case, what does that say about the 53 00:02:19,440 --> 00:02:24,000 Speaker 4: political and fiscal management of this country? 54 00:02:26,800 --> 00:02:29,520 Speaker 1: News of the world in ninety seconds. 55 00:02:29,240 --> 00:02:32,080 Speaker 4: We are they say, standing by proceeds fire between Israel 56 00:02:32,120 --> 00:02:42,080 Speaker 4: and Lebanon. But meantime, now, what were the Israelis targeting? 57 00:02:42,320 --> 00:02:47,079 Speaker 5: Has bela aerial defense unit center and intelligence center, command 58 00:02:47,200 --> 00:02:53,000 Speaker 5: center's weapons storage facilities and operations room and artillery storage 59 00:02:53,000 --> 00:02:56,080 Speaker 5: facility and terrorist infrastructure. 60 00:02:56,360 --> 00:02:58,720 Speaker 4: So you can stop pulling the trigger and agreed, this 61 00:02:58,800 --> 00:02:59,640 Speaker 4: is what it looks like. 62 00:02:59,880 --> 00:03:02,800 Speaker 6: The bombing has to stop on both sides, but particularly 63 00:03:03,000 --> 00:03:06,480 Speaker 6: Israeli overflight. His one lat is meant to move away 64 00:03:06,520 --> 00:03:09,560 Speaker 6: from the border zone. The Lebanese Minister of Foreign Affairs 65 00:03:09,760 --> 00:03:12,160 Speaker 6: said that there would be a surge of five thousand 66 00:03:12,280 --> 00:03:15,160 Speaker 6: Lebanese troops to the border areas outside. 67 00:03:15,160 --> 00:03:17,480 Speaker 4: Although he isn't actually in the job yet. Tom Homan, 68 00:03:17,520 --> 00:03:19,800 Speaker 4: whose trumps new borders are He's up to the border. 69 00:03:19,800 --> 00:03:22,639 Speaker 7: We're not waiting. In January twentieth, we're already planning or 70 00:03:22,639 --> 00:03:24,920 Speaker 7: what we're going to do to lock down the state 71 00:03:24,960 --> 00:03:28,040 Speaker 7: of Texas. Governor Abbits and a great jobs of our 72 00:03:28,120 --> 00:03:30,760 Speaker 7: luck here we go. Crossings in Texas is down a 73 00:03:30,840 --> 00:03:33,160 Speaker 7: really percent because of great work by Governor Rabbit. 74 00:03:33,440 --> 00:03:35,360 Speaker 4: Then a Britain couple of things. One, having told you 75 00:03:35,440 --> 00:03:38,560 Speaker 4: yesterday there are a million people on benefits literally doing nothing. 76 00:03:39,040 --> 00:03:39,840 Speaker 4: Liz has a plan. 77 00:03:40,000 --> 00:03:43,440 Speaker 8: This white paper starts to turn the corner on the 78 00:03:43,480 --> 00:03:48,080 Speaker 8: last fourteen years, putting forward the real reforms. We need 79 00:03:48,480 --> 00:03:49,119 Speaker 8: to get. 80 00:03:48,920 --> 00:03:52,320 Speaker 9: More people into work and all not work to give 81 00:03:52,400 --> 00:03:55,000 Speaker 9: young people the very best start in life. 82 00:03:55,240 --> 00:03:57,720 Speaker 4: Then two we come to John. John was the oldest 83 00:03:57,720 --> 00:03:59,800 Speaker 4: man in the world and he's just died. But before 84 00:03:59,800 --> 00:04:01,640 Speaker 4: he they asked him the usual question. 85 00:04:02,800 --> 00:04:06,760 Speaker 10: Too much are you we too? Won't? Oh you war too? 86 00:04:06,840 --> 00:04:06,880 Speaker 11: What? 87 00:04:08,040 --> 00:04:14,760 Speaker 4: Too too much of anything? Suffer eventu words of wisdom. 88 00:04:14,800 --> 00:04:17,160 Speaker 4: Finally we have dictionary dot COM's word of the year. 89 00:04:17,200 --> 00:04:21,320 Speaker 4: It is demure. It beat out of the contenders. We 90 00:04:21,360 --> 00:04:24,360 Speaker 4: had bratt, brain, rotten, weird. Between jan and August this year, 91 00:04:24,400 --> 00:04:26,919 Speaker 4: demur was used twelve hundred percent more, largely thanks to 92 00:04:26,960 --> 00:04:32,280 Speaker 4: a TikToker who was fantastically annoying. Usually demurs used to 93 00:04:32,320 --> 00:04:34,640 Speaker 4: describe the scriptant was their behavior, but had taken on 94 00:04:34,680 --> 00:04:36,599 Speaker 4: a new life as a word associated with the person's 95 00:04:36,600 --> 00:04:38,640 Speaker 4: appearance and the way they act in public. That's not 96 00:04:38,640 --> 00:04:40,280 Speaker 4: the best word of the year. There's another word of 97 00:04:40,320 --> 00:04:41,520 Speaker 4: the year. I get a better word of the year 98 00:04:41,600 --> 00:04:43,760 Speaker 4: later that as new as the world of words in ninety. 99 00:04:43,800 --> 00:04:47,760 Speaker 4: In the meantime, eld John John Tinner's wood is his 100 00:04:47,880 --> 00:04:50,599 Speaker 4: name so no longer the world's oldest living person. We 101 00:04:50,640 --> 00:04:52,520 Speaker 4: don't know who the new oldest person is. He was 102 00:04:52,560 --> 00:04:55,600 Speaker 4: one hundred and twelve. He was in his Southport care home. 103 00:04:55,680 --> 00:05:00,240 Speaker 4: Lifelong Liverpool fan. He replaced one Vincente Parez Moro, who 104 00:05:00,279 --> 00:05:02,880 Speaker 4: died earlier this year at one hundred and fourteen. He 105 00:05:03,000 --> 00:05:06,920 Speaker 4: was born was John twenty six of August nineteen twelve, 106 00:05:07,760 --> 00:05:12,520 Speaker 4: the same year the Titanic sank unreally twelve past six. 107 00:05:14,560 --> 00:05:19,400 Speaker 1: The mic asking Breakfast Full Show podcast on iHeartRadio, vowed 108 00:05:19,440 --> 00:05:20,200 Speaker 1: by News Talks. 109 00:05:20,240 --> 00:05:23,320 Speaker 4: It'd be Doug Ford, who was momentarily famous for other 110 00:05:23,360 --> 00:05:24,880 Speaker 4: reasons that I can tell you about another day if 111 00:05:24,880 --> 00:05:27,840 Speaker 4: you're interested it anyways, Ontario premieer. He's just gone off 112 00:05:27,839 --> 00:05:31,560 Speaker 4: about Trump and the tariffs. He says it is devastating 113 00:05:31,640 --> 00:05:35,719 Speaker 4: quote unquote seven pmsh in Israel blink and says they're 114 00:05:35,720 --> 00:05:38,599 Speaker 4: into the final stretch. So presumably at some time tonight 115 00:05:38,680 --> 00:05:40,719 Speaker 4: the Cabinet in Israel's going to vote, and if they do, 116 00:05:40,760 --> 00:05:44,520 Speaker 4: will keep you posting fifteen pass from the Tariff's Group 117 00:05:44,640 --> 00:05:47,760 Speaker 4: with Ridgard Arnold. Shortly on the programmingtime at Devon Funds Management, 118 00:05:47,760 --> 00:05:51,480 Speaker 4: Greg Smith, Morning to you, Mornings your Mike right, Adrian's listening, 119 00:05:51,480 --> 00:05:53,560 Speaker 4: he's tuned in, loves the program. Give it to us 120 00:05:53,600 --> 00:05:56,760 Speaker 4: seventy five points, let's go. He was the fist time. 121 00:05:56,600 --> 00:05:59,239 Speaker 11: Talking about this early October and was pretty much scoffed 122 00:05:59,279 --> 00:06:01,560 Speaker 11: at the sedition. Now there's a few more so saying 123 00:06:01,600 --> 00:06:03,839 Speaker 11: it's it's realistic. So I'm saying it's almost a. 124 00:06:03,839 --> 00:06:05,320 Speaker 10: Forty percent chance. I'm sure about that. 125 00:06:05,400 --> 00:06:08,840 Speaker 11: But let's just remind ourselves quickly of the logic. So firstly, 126 00:06:09,279 --> 00:06:12,320 Speaker 11: their mandate was changed last year to keeping inflation around 127 00:06:12,320 --> 00:06:13,320 Speaker 11: the two percent midpoint. 128 00:06:13,600 --> 00:06:14,800 Speaker 10: It is there for the first time. 129 00:06:14,880 --> 00:06:16,160 Speaker 4: It's March twenty twenty one. 130 00:06:16,200 --> 00:06:19,359 Speaker 11: We've got non trade war inflation, that's the domestically driven stuff. 131 00:06:19,360 --> 00:06:22,279 Speaker 11: That's the last in three years. We're core inflation lower 132 00:06:22,360 --> 00:06:24,760 Speaker 11: since twenty twenty and you know, we get that oneful 133 00:06:24,800 --> 00:06:27,679 Speaker 11: monthly inflation data and that's coming soft since as well. 134 00:06:28,040 --> 00:06:31,760 Speaker 11: So we'll also have inflation domestically lagging the labor market, 135 00:06:31,880 --> 00:06:35,080 Speaker 11: unemployment that's rising. So you just take all that just 136 00:06:35,120 --> 00:06:37,279 Speaker 11: on its own, and we should be at the neutral rate, 137 00:06:37,360 --> 00:06:40,479 Speaker 11: which suggests it's around about three point seventy five percent, 138 00:06:40,560 --> 00:06:43,680 Speaker 11: if not less so right now. So that's it, I 139 00:06:43,680 --> 00:06:45,719 Speaker 11: guess in a nuturre the first point. But then let's 140 00:06:45,720 --> 00:06:48,320 Speaker 11: look at their secondary objectives. So we with outputting employment. 141 00:06:48,520 --> 00:06:50,640 Speaker 11: So we've talked about this over the past week or so. 142 00:06:50,640 --> 00:06:53,640 Speaker 11: So dairy's doing well, the price is there, sort of heading. 143 00:06:53,400 --> 00:06:54,320 Speaker 10: Towards record highs. 144 00:06:54,520 --> 00:06:57,520 Speaker 11: We talked yesterday about tivy fruit that's booming, but everything 145 00:06:57,520 --> 00:07:00,400 Speaker 11: else is doing it really tough. So manufacturing sect it's 146 00:07:00,440 --> 00:07:03,400 Speaker 11: been in recession for twenty months. You make some excellent 147 00:07:03,400 --> 00:07:05,640 Speaker 11: points about data and other countries. And you look at 148 00:07:05,680 --> 00:07:08,640 Speaker 11: our services sector. Everywhere else it's doing well. Ours is 149 00:07:08,640 --> 00:07:10,960 Speaker 11: in a bit of a whole. We've got confidence measures 150 00:07:10,960 --> 00:07:13,280 Speaker 11: picking up, but that's from a depressed base. And people 151 00:07:13,280 --> 00:07:14,880 Speaker 11: talk about what the Fed is doing. Don't worry about 152 00:07:14,880 --> 00:07:17,480 Speaker 11: that their economy is growing at three percent. We're in recession. 153 00:07:17,800 --> 00:07:20,640 Speaker 11: And they meet in December and January, the Fed people 154 00:07:20,720 --> 00:07:22,520 Speaker 11: talk about the RBA, Well, they didn't go as hard 155 00:07:22,520 --> 00:07:24,840 Speaker 11: on the way up, and met plenty bossies to say, 156 00:07:24,840 --> 00:07:27,320 Speaker 11: you know why we obsessed with this sort of boom 157 00:07:27,400 --> 00:07:31,040 Speaker 11: bust sort of cycle. Obviously we're in recession compared to them. 158 00:07:31,120 --> 00:07:34,840 Speaker 11: You look at China, they are apatche Trump's tariffs and 159 00:07:34,880 --> 00:07:36,280 Speaker 11: now sort of onths away. We'll talk about it in 160 00:07:36,280 --> 00:07:39,960 Speaker 11: a minute. Migration tale and they disappoint dissipating. The property 161 00:07:40,000 --> 00:07:42,360 Speaker 11: markets weak, and we talked a lot of businesses and 162 00:07:42,400 --> 00:07:45,040 Speaker 11: most of them are really struggling, particularly small to mid 163 00:07:45,080 --> 00:07:47,040 Speaker 11: sized ones, so they're hanging out for account Now. The 164 00:07:47,080 --> 00:07:49,280 Speaker 11: good news is if we do get a large cart, 165 00:07:49,320 --> 00:07:51,080 Speaker 11: it's going to flow through pretty quickly. So we've got 166 00:07:51,440 --> 00:07:54,400 Speaker 11: seventy five percent of new homeland flows currently carrying in 167 00:07:54,560 --> 00:07:57,680 Speaker 11: periods of one year or less, seventy percent refixing the 168 00:07:57,720 --> 00:08:00,920 Speaker 11: next nine months and just another point, Mike. Of course, 169 00:08:01,000 --> 00:08:02,960 Speaker 11: you know the APICENT does take you, I know they 170 00:08:02,960 --> 00:08:04,920 Speaker 11: can do an emergency meeting, but they do take a 171 00:08:04,960 --> 00:08:08,160 Speaker 11: sabbatical till late February. So yeah, it's really cool for 172 00:08:08,840 --> 00:08:11,080 Speaker 11: urgent action. And you know, people have talked about the 173 00:08:11,080 --> 00:08:13,720 Speaker 11: inflationy impact of Trump, but the ABEN set itself has 174 00:08:13,720 --> 00:08:17,120 Speaker 11: said it's manageable and it's marginal, so I think there's 175 00:08:17,160 --> 00:08:19,720 Speaker 11: nothing holding it back. So yeah, we're holding out for 176 00:08:19,720 --> 00:08:22,000 Speaker 11: a hero. But let's see if Adrian steps. 177 00:08:21,760 --> 00:08:24,120 Speaker 4: Up well argue, then we do come to Trump. That's 178 00:08:24,160 --> 00:08:26,640 Speaker 4: a lot of numbers as this negotiating, you reckon is 179 00:08:26,680 --> 00:08:28,280 Speaker 4: this a starting point or what are we thinking? 180 00:08:28,720 --> 00:08:30,680 Speaker 10: Yeah, I think it's a bit of negotiation here. 181 00:08:30,800 --> 00:08:33,440 Speaker 11: So he's come out and posts on truth social that 182 00:08:33,480 --> 00:08:36,839 Speaker 11: he's going to impose twenty five percent tariffs on all 183 00:08:36,920 --> 00:08:39,760 Speaker 11: goods coming from Mexico and Canada into the US. So 184 00:08:39,800 --> 00:08:43,080 Speaker 11: he previously twenty percent on everything. China, He's previously said 185 00:08:43,160 --> 00:08:47,760 Speaker 11: sixty percent. He's now saying an additional ten percent. A 186 00:08:47,760 --> 00:08:50,560 Speaker 11: lot of it seems to be about you the inflow 187 00:08:50,679 --> 00:08:53,840 Speaker 11: of illicit drugs across the borders. He said that drugs 188 00:08:53,840 --> 00:08:57,720 Speaker 11: are pouring into our country, mostly from Mexico record levels. 189 00:08:57,800 --> 00:09:01,880 Speaker 11: So evidently Trudeau's beyond the to reassure about what they're doing. 190 00:09:02,960 --> 00:09:05,240 Speaker 11: China's also been on the phone, evidently to say that 191 00:09:05,520 --> 00:09:08,800 Speaker 11: they've made progress and counting narcotics efforts. But you'd have 192 00:09:08,880 --> 00:09:10,880 Speaker 11: to think this is all about sort of massive, sort 193 00:09:10,920 --> 00:09:12,960 Speaker 11: of bargain chips. I mean, it's just just doesn't seem 194 00:09:13,000 --> 00:09:15,199 Speaker 11: to be feasible if you look at the current rate 195 00:09:15,240 --> 00:09:18,000 Speaker 11: of tariffs at the moment, Yeah, we have thirty forty 196 00:09:18,000 --> 00:09:19,840 Speaker 11: percent tariffs on some things, but if you look at 197 00:09:19,840 --> 00:09:22,160 Speaker 11: the average rate of tariffs on ninety four percent of 198 00:09:22,320 --> 00:09:25,920 Speaker 11: use merchandise imports by value, it's two percent. 199 00:09:26,520 --> 00:09:27,360 Speaker 10: So it's very. 200 00:09:27,200 --> 00:09:28,880 Speaker 11: Different, and it's a bit back to the future. 201 00:09:28,920 --> 00:09:30,880 Speaker 10: You know that the first chapter. 202 00:09:30,679 --> 00:09:34,679 Speaker 11: Actually bring in large tariffs was actually George Washington, so 203 00:09:34,760 --> 00:09:36,760 Speaker 11: he put in five percent tax on all imports and 204 00:09:36,760 --> 00:09:40,240 Speaker 11: it's sort of receded since. So, yeah, what what Trump 205 00:09:40,320 --> 00:09:44,080 Speaker 11: is proposing hasn't been seen for at least a century. 206 00:09:43,720 --> 00:09:44,760 Speaker 10: If not more. 207 00:09:45,360 --> 00:09:46,800 Speaker 11: Of course, you've got the EU getting on the act 208 00:09:46,840 --> 00:09:49,040 Speaker 11: there imposing tariffs on evs from China. But this is 209 00:09:49,120 --> 00:09:53,040 Speaker 11: quite different, and it'll be interesting to see how China 210 00:09:53,120 --> 00:09:55,439 Speaker 11: responds when push comes to SHAV. I mean, they are 211 00:09:56,280 --> 00:09:59,719 Speaker 11: the use's second largest foreign creditors, so yeah, I think 212 00:09:59,760 --> 00:10:01,600 Speaker 11: it's probably more more about bargaining ships. 213 00:10:01,600 --> 00:10:03,280 Speaker 4: I suppose right up, give us some numbers. 214 00:10:04,040 --> 00:10:05,839 Speaker 11: So the dow at the moment, dear, we'll step back 215 00:10:05,960 --> 00:10:09,520 Speaker 11: a bit on the tariff announcement or tariff tweet down 216 00:10:09,559 --> 00:10:11,800 Speaker 11: down zero point four percent, forty four five eighty s 217 00:10:11,840 --> 00:10:13,920 Speaker 11: and P five hundred, but up point three percent six 218 00:10:13,920 --> 00:10:16,480 Speaker 11: thousand and seven. NAZEG up point four percents. Of tech 219 00:10:16,880 --> 00:10:19,040 Speaker 11: stock's pretty firm, but I think general mos it's down 220 00:10:19,040 --> 00:10:22,080 Speaker 11: seven percent, So old economy stocks under pressure. For one 221 00:10:22,160 --> 00:10:24,920 Speaker 11: hundred down point four percent, Nick down point nine percent, 222 00:10:24,960 --> 00:10:27,559 Speaker 11: A six two hundred down point seven percent. On the 223 00:10:27,640 --> 00:10:29,560 Speaker 11: news as well, ins X fifty we've had a good 224 00:10:29,600 --> 00:10:32,040 Speaker 11: run recently, but we were down point six percent thirty 225 00:10:32,200 --> 00:10:36,160 Speaker 11: one one four, Gold up eleven bucks, and oil up 226 00:10:36,280 --> 00:10:38,599 Speaker 11: forty one cents sixty nine spot thirty five. And the 227 00:10:38,679 --> 00:10:42,440 Speaker 11: currency markets where weaker against the US fifty eight point two, 228 00:10:42,520 --> 00:10:45,560 Speaker 11: up slightly against a dollar ninety point two, and sterling 229 00:10:45,679 --> 00:10:48,199 Speaker 11: forty six point four down slightly. So yeah, let's see 230 00:10:48,280 --> 00:10:49,400 Speaker 11: drum roll two BM. 231 00:10:49,200 --> 00:10:50,800 Speaker 4: All right, stand by, We'll are you a drink if 232 00:10:50,800 --> 00:10:55,160 Speaker 4: you're right. Grigsmith, Devon Funds Management, we called up with 233 00:10:55,200 --> 00:10:57,120 Speaker 4: at the goal he went for a record last night 234 00:10:57,559 --> 00:11:00,440 Speaker 4: most valuable Maurory portrait New Zealand art history. So that 235 00:11:00,520 --> 00:11:03,079 Speaker 4: says something about the quality of the painting apart from 236 00:11:03,120 --> 00:11:05,280 Speaker 4: anything else, but be the fact that there's money out 237 00:11:05,320 --> 00:11:06,560 Speaker 4: there and people want to put it in. I mean, 238 00:11:06,600 --> 00:11:08,679 Speaker 4: the art market seems internationally to be going off at 239 00:11:08,679 --> 00:11:13,640 Speaker 4: the moment. Thoughts of a toe Hunger Portraits of Farrakota Tahuna, 240 00:11:14,440 --> 00:11:18,400 Speaker 4: painted in nineteen thirty eight three point seven five seven 241 00:11:18,400 --> 00:11:22,480 Speaker 4: million dollars, widely seen as his best work, first in 242 00:11:22,480 --> 00:11:25,200 Speaker 4: New Zealand to sell for more than three million. The 243 00:11:25,240 --> 00:11:27,320 Speaker 4: International Art Center who do most of this work, they've 244 00:11:27,360 --> 00:11:29,600 Speaker 4: sold fifteen goalies now for more than a million dollars. 245 00:11:29,840 --> 00:11:33,200 Speaker 4: Bidding began at two as a million and there were 246 00:11:33,240 --> 00:11:36,839 Speaker 4: sixteen bids. I can't find out whether it's local. I'm 247 00:11:36,880 --> 00:11:38,840 Speaker 4: assuming it's local, but I'll let you know if I'm wrong. 248 00:11:38,880 --> 00:11:42,240 Speaker 4: Six twenty one, you're at news Talk, said b come 249 00:11:42,280 --> 00:11:44,360 Speaker 4: there be a limit value, Our house. 250 00:11:45,720 --> 00:11:45,920 Speaker 10: Cool. 251 00:11:46,800 --> 00:11:51,280 Speaker 1: The Vike Hosking Breakfast Full Show podcast on iHeartRadio powered 252 00:11:51,320 --> 00:11:52,280 Speaker 1: by News Talk Sat B. 253 00:11:53,120 --> 00:11:56,200 Speaker 4: Update on the ceasefire for you. The G seven, of course, 254 00:11:56,280 --> 00:11:58,240 Speaker 4: is on in Italy as we speak, here's blinking. 255 00:11:58,480 --> 00:12:03,800 Speaker 12: What we've seen today would not have happened without US engagement, 256 00:12:04,280 --> 00:12:09,360 Speaker 12: without US termination. So we're intensely focused on this. We 257 00:12:09,400 --> 00:12:12,320 Speaker 12: will be till the last day of this administration. 258 00:12:12,720 --> 00:12:16,920 Speaker 4: So that's just seconds ago. There'll be politics at play here. 259 00:12:17,000 --> 00:12:19,200 Speaker 4: Of course. By the way, was at this time yesterday 260 00:12:19,200 --> 00:12:20,600 Speaker 4: I think it was that we were talking about the 261 00:12:20,640 --> 00:12:23,600 Speaker 4: Menindia's brothers. The Menandia's brothers were due back in court yesterday. 262 00:12:23,600 --> 00:12:27,520 Speaker 4: What a bust that turned out to be one. No resentencing. 263 00:12:27,559 --> 00:12:29,840 Speaker 4: They're having to think about it until at least the 264 00:12:29,960 --> 00:12:32,280 Speaker 4: end of January, I think January thirty. Judge didn't want 265 00:12:32,280 --> 00:12:35,640 Speaker 4: to go there yesterday and they needed a new district 266 00:12:35,720 --> 00:12:37,360 Speaker 4: attorney to have a look at all the paperwork in 267 00:12:37,440 --> 00:12:41,080 Speaker 4: their way. In two, of course, everyone in Los Angeles 268 00:12:41,160 --> 00:12:44,400 Speaker 4: went nuts. It was the so called Golden Ticket. There 269 00:12:44,440 --> 00:12:46,560 Speaker 4: was a frenzy because there are only sixteen seats in 270 00:12:46,559 --> 00:12:49,080 Speaker 4: the court, and so every man and his dog wanted it, 271 00:12:49,120 --> 00:12:51,480 Speaker 4: so all the trial watchers started queuing at five fifteen 272 00:12:51,520 --> 00:12:53,600 Speaker 4: in the morning, which was five hours before the court opened. 273 00:12:54,280 --> 00:12:56,240 Speaker 4: What I didn't know yesterday and we now know is 274 00:12:56,280 --> 00:12:58,040 Speaker 4: one of two things. One they weren't ever going to 275 00:12:58,080 --> 00:13:01,800 Speaker 4: appear in court anyway. They were coming viral link. So 276 00:13:01,920 --> 00:13:04,040 Speaker 4: if you're standing there for five hours to get your ticket, 277 00:13:04,800 --> 00:13:07,160 Speaker 4: sucks to be you. And then when you did get 278 00:13:07,160 --> 00:13:09,000 Speaker 4: your ticket and found out they weren't going to be 279 00:13:09,080 --> 00:13:10,840 Speaker 4: there by only going to be there by link, the 280 00:13:10,880 --> 00:13:16,120 Speaker 4: link broke, so they weren't there either. Sex twenty five. 281 00:13:16,840 --> 00:13:21,440 Speaker 1: Trending now with chemist Well's the home of Big brand vitamins. 282 00:13:21,520 --> 00:13:23,960 Speaker 4: Now Alec Baldwin has spoken for the first time in 283 00:13:24,000 --> 00:13:27,040 Speaker 4: three years. He's currently in Italy at the Torino Film Festival. 284 00:13:27,440 --> 00:13:29,920 Speaker 4: This has gone off and you'll hear why because Fox 285 00:13:29,960 --> 00:13:31,880 Speaker 4: got hold of it and they sort of melked it 286 00:13:31,920 --> 00:13:32,719 Speaker 4: for a good rack up. 287 00:13:32,760 --> 00:13:35,520 Speaker 13: It's a very difficult time in the United States. Half 288 00:13:35,559 --> 00:13:37,880 Speaker 13: the people in the country are happy and half the 289 00:13:37,880 --> 00:13:40,959 Speaker 13: people in the country are very unhappy. But around the world, 290 00:13:41,480 --> 00:13:46,640 Speaker 13: what's happening you might not learn from the news television news. 291 00:13:46,640 --> 00:13:49,320 Speaker 13: In the United States. As a business, they have to 292 00:13:49,360 --> 00:13:53,440 Speaker 13: make money. There is a gap, if you will, in 293 00:13:53,440 --> 00:13:58,440 Speaker 13: information for Americans. Americans are very uninformed about reality. What's 294 00:13:58,480 --> 00:14:03,240 Speaker 13: really going on with the change, Ukraine is you name it, 295 00:14:03,280 --> 00:14:06,120 Speaker 13: all the biggest topics in the world. Americans have an 296 00:14:06,120 --> 00:14:09,240 Speaker 13: appetite for a little bit of information. That vacuum is 297 00:14:09,280 --> 00:14:11,920 Speaker 13: filled by the film industry. So I think right now 298 00:14:12,280 --> 00:14:15,640 Speaker 13: it's probably one of the most significant times in our history. 299 00:14:16,000 --> 00:14:19,240 Speaker 4: How is it filled by the film industry. I don't 300 00:14:19,280 --> 00:14:21,480 Speaker 4: even know why I'm asking that question, because he didn't 301 00:14:21,480 --> 00:14:24,520 Speaker 4: sound like a pretentious twat at all, did he. I'm 302 00:14:24,560 --> 00:14:27,320 Speaker 4: assuming he's promoting Rust because one of the things that 303 00:14:27,520 --> 00:14:30,160 Speaker 4: the big question post the trauma was what happens to 304 00:14:30,200 --> 00:14:32,040 Speaker 4: the movie Rust? And then I read it, I don't know, 305 00:14:32,040 --> 00:14:35,200 Speaker 4: maybe a month ago. That's coming out and they're out 306 00:14:35,200 --> 00:14:37,560 Speaker 4: there promoting it, and the question has to be asked, 307 00:14:37,560 --> 00:14:39,440 Speaker 4: if it hadn't been for the tragedy, would you ever 308 00:14:39,480 --> 00:14:41,120 Speaker 4: have heard of Rust at all? By the way, we 309 00:14:41,160 --> 00:14:43,200 Speaker 4: can also confirm, because we were talking about this earlier 310 00:14:43,240 --> 00:14:47,000 Speaker 4: this week, GM and Cadillac in officially if one for 311 00:14:47,160 --> 00:14:49,880 Speaker 4: twenty twenty six Andretti's gone, there was clearly something going 312 00:14:49,960 --> 00:14:52,560 Speaker 4: on there. But anyway, they're initially going to run on 313 00:14:52,560 --> 00:14:54,400 Speaker 4: a Ferrari, and when they're sick of the Ferrari, they're 314 00:14:54,400 --> 00:14:56,040 Speaker 4: going to build their own engine. But if one as 315 00:14:56,040 --> 00:14:59,000 Speaker 4: of twenty twenty six is going to have eleven teams, 316 00:14:59,240 --> 00:15:03,200 Speaker 4: and that's before we get to genetic modification. Boy, is 317 00:15:03,240 --> 00:15:05,160 Speaker 4: this a show of diversity or what? More on that? 318 00:15:05,560 --> 00:15:09,320 Speaker 10: Next, You're Trusted. 319 00:15:09,000 --> 00:15:12,960 Speaker 1: Ho the News for Entertainment's Opinion and Mike a my 320 00:15:13,160 --> 00:15:17,000 Speaker 1: Cosking breakfast with the range Rover vi La designed to 321 00:15:17,160 --> 00:15:18,400 Speaker 1: intrigue and use togs. 322 00:15:18,600 --> 00:15:24,800 Speaker 4: V Tyson Krupp. Tyson Krupp Steel a major major steel 323 00:15:24,840 --> 00:15:27,320 Speaker 4: producer out of Germany, and reminded this morning of just 324 00:15:27,360 --> 00:15:30,400 Speaker 4: how bad the German economy is under the socialist Government's 325 00:15:30,480 --> 00:15:34,600 Speaker 4: just collapsed. Anyway, there, I'm going to lose eleven thousand jobs, 326 00:15:35,000 --> 00:15:38,680 Speaker 4: forty percent of its workforce. They're no longer competitive. They 327 00:15:38,800 --> 00:15:41,680 Speaker 4: run up the usual line of we're not can't compete 328 00:15:41,720 --> 00:15:45,320 Speaker 4: with the Chinese. Labour costs are too high, taxes are 329 00:15:45,360 --> 00:15:48,440 Speaker 4: too high, energy costs are too high. So thousands of 330 00:15:48,440 --> 00:15:49,960 Speaker 4: people are losing their job. And then just a couple 331 00:15:49,960 --> 00:15:53,200 Speaker 4: of hours ago, Vauxhall Stillantas owns Voxel. These days. This 332 00:15:53,320 --> 00:15:55,920 Speaker 4: is Britain. The factory that they make this is in 333 00:15:56,040 --> 00:16:00,440 Speaker 4: Luton where they make Vans, Citron Pergo Fiat. One hundred 334 00:16:00,520 --> 00:16:03,400 Speaker 4: jobs are going and that's to do with the rules 335 00:16:03,400 --> 00:16:05,800 Speaker 4: around EV's and there are rules in Europe if you 336 00:16:05,800 --> 00:16:07,920 Speaker 4: don't follow the EV debating as well worth following that, 337 00:16:08,320 --> 00:16:10,080 Speaker 4: you've got to sell twenty two percent of your car 338 00:16:10,120 --> 00:16:13,360 Speaker 4: making product as EV's ten percent of events. If you 339 00:16:13,400 --> 00:16:15,920 Speaker 4: don't do that, you will be fined fifteen thousand pounds 340 00:16:15,960 --> 00:16:18,600 Speaker 4: for each in every ven you don't sell. And they 341 00:16:18,600 --> 00:16:20,960 Speaker 4: wonder why they're losing jobs. Twenty ten minutes away from 342 00:16:20,960 --> 00:16:23,720 Speaker 4: seven and that's before you come to TIFFs. And this 343 00:16:23,840 --> 00:16:25,080 Speaker 4: is going to be a major for the next couple 344 00:16:25,120 --> 00:16:27,760 Speaker 4: of years. Of course it's an opening bargaining ship. I 345 00:16:27,800 --> 00:16:31,480 Speaker 4: suspect Tom Trump's camp. But nevertheless, Richard over with the 346 00:16:31,560 --> 00:16:33,520 Speaker 4: update shortly meantime back here will enter the world again 347 00:16:33,560 --> 00:16:35,880 Speaker 4: this morning give the genetic modification debate. We've got a 348 00:16:35,920 --> 00:16:38,920 Speaker 4: report from the nz to IER commissioned by Organics New 349 00:16:39,000 --> 00:16:41,720 Speaker 4: Zealand that claims ten to twenty billion dollars in primary 350 00:16:41,720 --> 00:16:45,080 Speaker 4: sector exports could be lost. ORGANICX New Zealand CEO Tiffany 351 00:16:45,080 --> 00:16:47,360 Speaker 4: Tompkins is whether stiffanily. Very good morning to you. 352 00:16:48,520 --> 00:16:50,240 Speaker 14: Nice to be here, Mike, thanks for having we. 353 00:16:50,400 --> 00:16:53,560 Speaker 4: A survey commissioned by a group that says what the 354 00:16:53,600 --> 00:16:56,800 Speaker 4: group wants to say, Should I be suspicious to. 355 00:16:56,800 --> 00:17:02,280 Speaker 14: FORW no no organic EXALTAIO. New Zealand asked the question. 356 00:17:02,960 --> 00:17:06,399 Speaker 14: We asked, you know, what is the potential risk that 357 00:17:06,520 --> 00:17:09,440 Speaker 14: New Zealand is facing. We've been trading as a nation 358 00:17:09,720 --> 00:17:13,520 Speaker 14: on a GM or GMO or GE free status for 359 00:17:14,520 --> 00:17:17,080 Speaker 14: a long long time and we wanted to know what 360 00:17:17,080 --> 00:17:19,800 Speaker 14: the risk is if we lost that status, and so 361 00:17:19,960 --> 00:17:24,080 Speaker 14: we hired and z I R. Because they're professional economists, 362 00:17:24,480 --> 00:17:27,800 Speaker 14: they're independent, and they came up with the data that 363 00:17:27,800 --> 00:17:28,399 Speaker 14: you see today. 364 00:17:28,520 --> 00:17:30,880 Speaker 4: The data that you see today, is it rock solid 365 00:17:31,000 --> 00:17:33,040 Speaker 4: or is it Depending on how we do it and 366 00:17:33,080 --> 00:17:34,800 Speaker 4: why we do it and when we do it, it 367 00:17:34,880 --> 00:17:36,440 Speaker 4: might look something like this. 368 00:17:37,320 --> 00:17:37,639 Speaker 15: Yeah. 369 00:17:37,760 --> 00:17:41,280 Speaker 14: I think it's the starting point. There's a lot more 370 00:17:41,320 --> 00:17:43,600 Speaker 14: research that we need to do, but it's the first 371 00:17:43,680 --> 00:17:49,199 Speaker 14: look into an economic analysis because the government has not 372 00:17:49,320 --> 00:17:52,119 Speaker 14: done one, we have not seen one. So this is 373 00:17:52,119 --> 00:17:55,200 Speaker 14: a really great starting point for us to leverage and 374 00:17:55,680 --> 00:17:57,480 Speaker 14: start thinking strategically. 375 00:17:56,920 --> 00:17:58,840 Speaker 4: About where do you reckon people are at with us. 376 00:17:58,840 --> 00:18:01,280 Speaker 4: Do you think people can They don't think people have 377 00:18:01,320 --> 00:18:02,400 Speaker 4: thought about it enough yet. 378 00:18:03,280 --> 00:18:08,520 Speaker 14: Oh I think people care. I think farmers care a lot. 379 00:18:08,920 --> 00:18:12,240 Speaker 14: There's you know, there's a spectrum of where people stand 380 00:18:12,280 --> 00:18:15,520 Speaker 14: on the issue. But I think it's really important that 381 00:18:15,560 --> 00:18:20,240 Speaker 14: we that the government slows down, opens up the conversation 382 00:18:20,440 --> 00:18:24,240 Speaker 14: and includes farmers much more proactively so we can really 383 00:18:24,320 --> 00:18:28,080 Speaker 14: understand what the cost benefit analysis is, so we know 384 00:18:28,080 --> 00:18:29,119 Speaker 14: what we're walking into. 385 00:18:29,640 --> 00:18:32,440 Speaker 4: Because at first blush, My argument would be that what 386 00:18:32,480 --> 00:18:35,000 Speaker 4: we do is high end, and high end will always 387 00:18:35,040 --> 00:18:37,280 Speaker 4: have a market and a good market that and therefore 388 00:18:37,280 --> 00:18:39,520 Speaker 4: that's probably where we need to hit down that path 389 00:18:39,920 --> 00:18:41,920 Speaker 4: fair enough on yes, yeah. 390 00:18:41,840 --> 00:18:44,960 Speaker 14: No, New Zealand definitely carries a premium, especially with the 391 00:18:45,000 --> 00:18:48,080 Speaker 14: clean green image that we see in the report, and 392 00:18:49,040 --> 00:18:52,560 Speaker 14: that's something that the government has repeatedly said over and over. 393 00:18:52,640 --> 00:18:54,160 Speaker 14: You know, we need more value. 394 00:18:54,080 --> 00:18:55,639 Speaker 16: For our Exportsaly. 395 00:18:56,280 --> 00:18:58,359 Speaker 4: The counter problem is, you know, climate change, and everyone's 396 00:18:58,359 --> 00:18:59,840 Speaker 4: obsessed about that, and you've got to feed the world, 397 00:19:00,000 --> 00:19:02,560 Speaker 4: and one science can help feed the world. There's going 398 00:19:02,640 --> 00:19:04,200 Speaker 4: to be a lot of pressure on that though, isn't there. 399 00:19:04,880 --> 00:19:09,240 Speaker 14: Yeah, And not all scientists agree exactly how genetic engineering 400 00:19:09,400 --> 00:19:12,480 Speaker 14: is going to play a role, and that they don't 401 00:19:12,520 --> 00:19:18,000 Speaker 14: all agree on how safe ge is. So really it's 402 00:19:18,119 --> 00:19:21,399 Speaker 14: up to the government to open up the conversations that 403 00:19:21,480 --> 00:19:25,560 Speaker 14: we can have a really great analysis of the science 404 00:19:25,640 --> 00:19:28,520 Speaker 14: and the cost benefet of opening up to g great 405 00:19:28,560 --> 00:19:28,880 Speaker 14: to talk. 406 00:19:28,800 --> 00:19:31,199 Speaker 4: To you, Tiffany go well, Tiffany Tompkins, who's Organics New 407 00:19:31,280 --> 00:19:33,600 Speaker 4: Zealand CEO. All I would say is go into my 408 00:19:33,640 --> 00:19:37,840 Speaker 4: greenhouse and taste my tomatoes. Nineteen minutes away from seven 409 00:19:38,080 --> 00:19:41,760 Speaker 4: PASKI roll out this morning from NYOB Consumer survey. This 410 00:19:41,800 --> 00:19:43,560 Speaker 4: has got to do with the cash rate today, cost 411 00:19:43,600 --> 00:19:46,000 Speaker 4: of food, supermarket shop. Seventy percent of us are concerned 412 00:19:46,040 --> 00:19:49,080 Speaker 4: about that. Number one issue cost of utilities forty five percent. 413 00:19:49,160 --> 00:19:51,880 Speaker 4: Number two issue insurance thirty six percent, Number three issue 414 00:19:52,880 --> 00:19:54,920 Speaker 4: thirty percent of us are feeling the heat on rint. 415 00:19:55,400 --> 00:19:57,560 Speaker 4: Twenty three percent say the old mortgage is causing a 416 00:19:57,600 --> 00:20:00,800 Speaker 4: bit of a problem. Sixty percent cut to the ocr 417 00:20:01,080 --> 00:20:04,399 Speaker 4: will not make a difference to our budgets this festive season. 418 00:20:04,440 --> 00:20:06,719 Speaker 4: This is what I'm trying to say. Adrian's out there, 419 00:20:06,720 --> 00:20:09,680 Speaker 4: garn Oh, Inflation's under control. Who will smell the inflation 420 00:20:10,080 --> 00:20:11,880 Speaker 4: or lack of it, and we're going so well, mate, 421 00:20:11,920 --> 00:20:15,479 Speaker 4: still can't afford Christmas? Sixteen percent are unsure if today's 422 00:20:15,480 --> 00:20:19,120 Speaker 4: announcement would change anything. One in ten ten percent say well, 423 00:20:19,200 --> 00:20:21,679 Speaker 4: I'm stoked. I'm going to spend more of this Christmas anyway. 424 00:20:21,680 --> 00:20:23,640 Speaker 4: More on that after seven o'clock eighteen two. 425 00:20:24,320 --> 00:20:28,919 Speaker 1: The Mic Hosking Breakfast Full Show podcast on iHeartRadio powered 426 00:20:28,960 --> 00:20:29,640 Speaker 1: by News. 427 00:20:29,400 --> 00:20:29,960 Speaker 17: Talks it be. 428 00:20:30,720 --> 00:20:33,840 Speaker 4: Can I say thank God for Chris Bishop Chips community 429 00:20:33,880 --> 00:20:36,359 Speaker 4: housing Providers, big announcement made yesterday. We'll have more on 430 00:20:36,400 --> 00:20:38,960 Speaker 4: that after seven o'clock and on a moment so sixteen 431 00:20:39,000 --> 00:20:39,240 Speaker 4: to two. 432 00:20:39,840 --> 00:20:43,720 Speaker 1: International correspondence with Ends and Eye Insurance, Peace of mind 433 00:20:43,800 --> 00:20:45,080 Speaker 1: for New Zealand business. 434 00:20:44,760 --> 00:20:48,240 Speaker 4: With Donald the Mistakes Morning to you, twenty five here 435 00:20:48,280 --> 00:20:50,080 Speaker 4: and ten there and fifty there and off we go. 436 00:20:50,800 --> 00:20:52,800 Speaker 18: Yeah, man, a lot of money involved. Most would say 437 00:20:52,800 --> 00:20:56,200 Speaker 18: that a key reason for Trump's election win was the economy, 438 00:20:56,200 --> 00:20:58,680 Speaker 18: the rising cost of so many things due to inflation. 439 00:20:58,880 --> 00:21:01,720 Speaker 18: Here the inflation rates right now in this country is 440 00:21:01,760 --> 00:21:03,640 Speaker 18: two point six percent, and really so it to come 441 00:21:03,680 --> 00:21:07,040 Speaker 18: down A lot. Consumers have been paying for the war inflation, 442 00:21:07,080 --> 00:21:10,280 Speaker 18: of course through astronomically higher interest rates. So this has 443 00:21:10,400 --> 00:21:12,520 Speaker 18: hit the pockets of everyone with any dead or with 444 00:21:12,560 --> 00:21:16,040 Speaker 18: any plans to seek out credit as a biohoma, rocaa 445 00:21:16,119 --> 00:21:19,679 Speaker 18: or whatever. During the election campaign, Trump often spoke about 446 00:21:19,760 --> 00:21:22,679 Speaker 18: using the threat of tariff's to enforce border security and 447 00:21:22,720 --> 00:21:25,639 Speaker 18: to stop the flow of a legally supplied fentannel. So 448 00:21:25,720 --> 00:21:28,200 Speaker 18: it was not just campaign talk. Is sort of negotiating 449 00:21:28,240 --> 00:21:31,480 Speaker 18: tactic or does Trump intend to start another trade war? 450 00:21:31,520 --> 00:21:34,680 Speaker 18: He's done this in the past on his social media. Today, 451 00:21:34,720 --> 00:21:37,880 Speaker 18: Trump has up the ante seemingly by saying he will 452 00:21:37,880 --> 00:21:40,480 Speaker 18: impose massive tariffs on day one of his new presidency 453 00:21:40,480 --> 00:21:43,800 Speaker 18: on goods from Mexico, Canada, and China. Trump has often 454 00:21:43,840 --> 00:21:45,520 Speaker 18: said things like this. 455 00:21:45,400 --> 00:21:48,800 Speaker 13: It's one of the most beautiful words in the whole world, 456 00:21:48,960 --> 00:21:50,800 Speaker 13: the word tariff. 457 00:21:51,440 --> 00:21:53,119 Speaker 16: It's more beautiful than love. 458 00:21:54,560 --> 00:21:57,600 Speaker 18: Love, or money. Trump makes it perfectly clear right. He 459 00:21:57,640 --> 00:22:00,520 Speaker 18: says all products will be hit, with Mexico and canic 460 00:22:00,560 --> 00:22:04,360 Speaker 18: exporters additional twenty five percent, with China facing a ten 461 00:22:04,359 --> 00:22:07,400 Speaker 18: percent levy. Trump played that tariff game in his first term. 462 00:22:07,440 --> 00:22:09,840 Speaker 18: You recall at that point he was targeting China and 463 00:22:09,880 --> 00:22:14,080 Speaker 18: specific goods with the tariffon steel and aluminium imports. Initially, 464 00:22:14,359 --> 00:22:18,640 Speaker 18: China retaliated by slapping tariffson food items. Then the US 465 00:22:18,680 --> 00:22:21,720 Speaker 18: responded with another fifty billion in tariffs, and China retaliated 466 00:22:21,720 --> 00:22:23,640 Speaker 18: with more of their own in a way that really 467 00:22:23,680 --> 00:22:26,280 Speaker 18: hurt US farmers and led to Trump giving bailouts to 468 00:22:26,359 --> 00:22:29,680 Speaker 18: farmers here twenty three billion dollars worth, So bottom line 469 00:22:29,800 --> 00:22:33,480 Speaker 18: that didn't work out so well for agriculture. Costs also 470 00:22:33,480 --> 00:22:36,080 Speaker 18: went up for consumers here. This time it is all 471 00:22:36,119 --> 00:22:38,520 Speaker 18: far more vague, Trump saying in his post today that 472 00:22:38,560 --> 00:22:40,560 Speaker 18: the new trade war is meant to hold the movement 473 00:22:40,600 --> 00:22:43,639 Speaker 18: of drugs and migrants. All three target countries have responded, 474 00:22:43,920 --> 00:22:47,160 Speaker 18: with Mexico saying it is ready to respond to react 475 00:22:47,400 --> 00:22:50,920 Speaker 18: and adding that drugs is an American problem. Trump and 476 00:22:50,960 --> 00:22:54,400 Speaker 18: his campaign claimed that Mexico, Canada, and Chinese suppliers would pay, 477 00:22:54,760 --> 00:22:58,120 Speaker 18: but in reality US importers of essential goods like car 478 00:22:58,160 --> 00:23:00,639 Speaker 18: parks would pay, and those costs were would go fairly 479 00:23:00,720 --> 00:23:03,800 Speaker 18: quickly to consumers. So some economists here are saying, if 480 00:23:03,800 --> 00:23:06,280 Speaker 18: this takes shape in the way it seems right now 481 00:23:06,320 --> 00:23:08,480 Speaker 18: to some, that could add up to an extra twenty 482 00:23:08,560 --> 00:23:11,399 Speaker 18: six hundred US dollars a year on average for consumers. 483 00:23:11,440 --> 00:23:14,240 Speaker 18: The same folks who voted for a government turned around 484 00:23:14,240 --> 00:23:16,320 Speaker 18: because of rising costs. 485 00:23:16,600 --> 00:23:19,919 Speaker 4: Yes, indeed, then Elton John saw the interview yesterday and 486 00:23:20,440 --> 00:23:22,159 Speaker 4: he's got some real troubles, isn't they. 487 00:23:22,920 --> 00:23:25,160 Speaker 18: Yeah, well, he's had a few health woes along the way, 488 00:23:25,200 --> 00:23:28,720 Speaker 18: but yeah, this is being talked about as he is 489 00:23:28,760 --> 00:23:31,920 Speaker 18: releasing a documentary on his epic fifty year career called 490 00:23:31,960 --> 00:23:34,240 Speaker 18: Never Too Late. But in that interview with American ABC, 491 00:23:34,720 --> 00:23:37,199 Speaker 18: he says he's been sidelined right now because of a 492 00:23:37,280 --> 00:23:39,280 Speaker 18: previously undisclosed problem. 493 00:23:39,359 --> 00:23:43,639 Speaker 19: I unfortunately lost my eyesight in my right eye in 494 00:23:43,720 --> 00:23:46,760 Speaker 19: July because I had an infection in the south of France, 495 00:23:47,240 --> 00:23:49,080 Speaker 19: and it's been four months now since I haven't been 496 00:23:49,080 --> 00:23:49,560 Speaker 19: able to see. 497 00:23:49,760 --> 00:23:53,439 Speaker 18: So Elton John is seventy seven. He's had well a 498 00:23:53,480 --> 00:23:55,680 Speaker 18: list of things. His hearing was a problem for time. 499 00:23:55,800 --> 00:23:58,240 Speaker 18: He had knee and hip replacements. But this is derailed 500 00:23:58,240 --> 00:23:59,480 Speaker 18: his efforts, is what he is. 501 00:24:00,440 --> 00:24:02,560 Speaker 19: There's hope and encouragement that it will be okay, but 502 00:24:02,680 --> 00:24:05,359 Speaker 19: it's I'm kind of stuck in the moment. 503 00:24:05,400 --> 00:24:07,800 Speaker 18: So Elton John has released thirty two albums during his 504 00:24:07,840 --> 00:24:11,120 Speaker 18: career to date, hopefully not the end of his musical road. 505 00:24:11,280 --> 00:24:12,920 Speaker 4: No, exactly all right, might go. We'll see you Friday. 506 00:24:12,920 --> 00:24:16,040 Speaker 4: Appreciate it very much. Richard Arnold stateside old rockers Rod Stude, 507 00:24:16,040 --> 00:24:18,560 Speaker 4: if you haven't heard this morning, he's headlining Glasdow next year. 508 00:24:18,800 --> 00:24:20,800 Speaker 4: So if you lined up. I was saying the other day, 509 00:24:20,920 --> 00:24:22,920 Speaker 4: seven hundred dollars a ticket and you don't know who's there. 510 00:24:23,000 --> 00:24:25,000 Speaker 4: I would have paid seven hundred dollars for Rod Stewart 511 00:24:25,040 --> 00:24:27,080 Speaker 4: all day long. Morning, Mike, what's happening with Solar zero? 512 00:24:27,200 --> 00:24:30,280 Speaker 4: Very good question. There's plenty of coverage on it this morning. 513 00:24:30,359 --> 00:24:34,320 Speaker 4: They've gone belly up. Solar's zero is the biggest provider. 514 00:24:34,640 --> 00:24:36,520 Speaker 4: I'm open to correction, but I think from memory Solo 515 00:24:36,640 --> 00:24:39,080 Speaker 4: zero is the biggest provider of sola in this country. 516 00:24:39,080 --> 00:24:39,240 Speaker 17: Now. 517 00:24:39,280 --> 00:24:42,919 Speaker 4: I'm always fascinated, and there'll be people with contracts and stuff. 518 00:24:43,320 --> 00:24:46,840 Speaker 4: I'm always fascinated. Is that an individual business story? As 519 00:24:46,880 --> 00:24:48,720 Speaker 4: in other words, that you know the market's fine, but 520 00:24:48,760 --> 00:24:51,199 Speaker 4: they just weren't running their business particularly well or as 521 00:24:51,320 --> 00:24:55,879 Speaker 4: Solar a problem going forward in the Great renewables debate. 522 00:24:56,000 --> 00:24:58,560 Speaker 4: So look that up and inform yourself if you haven't already. 523 00:24:58,640 --> 00:25:00,240 Speaker 4: Turn away from seven on. 524 00:25:00,400 --> 00:25:03,800 Speaker 1: My Costal breakfairs with Bailey's real estate news talks. 525 00:25:03,800 --> 00:25:05,320 Speaker 4: There'd be a couple of things from the States you 526 00:25:05,320 --> 00:25:08,200 Speaker 4: should know about. There's a report out this morning from 527 00:25:08,240 --> 00:25:11,760 Speaker 4: a Senate subcommittee. Airlines a pocketed billions of dollars and 528 00:25:11,880 --> 00:25:13,960 Speaker 4: junk fees or what they call junk fees. Between twenty 529 00:25:14,000 --> 00:25:17,200 Speaker 4: eighteen twenty twenty three, five of the major players pocketed 530 00:25:17,240 --> 00:25:21,760 Speaker 4: twelve billion dollars things like seat selection United Airlines, for example, 531 00:25:21,760 --> 00:25:24,960 Speaker 4: this is the Senate Permanent Subcommittee on Investigations, United three 532 00:25:25,040 --> 00:25:27,080 Speaker 4: hundred and nineteen dollars for extra leg room seat. I 533 00:25:27,119 --> 00:25:29,040 Speaker 4: don't know. Is that a junk fee? If you want 534 00:25:29,040 --> 00:25:31,959 Speaker 4: a seat with extra leg room, and I mean it's 535 00:25:32,000 --> 00:25:33,720 Speaker 4: obviously one of those aisle seats are one of those 536 00:25:33,720 --> 00:25:35,840 Speaker 4: things next to the emergency exit. Why wouldn't they charge 537 00:25:35,840 --> 00:25:37,399 Speaker 4: you more for that? That seems perfectly normal to be. 538 00:25:37,440 --> 00:25:41,359 Speaker 4: Seat fees have gone become more and more expensive and farther, 539 00:25:41,440 --> 00:25:44,800 Speaker 4: reaching extra for additional leg room, aisle and window seats, 540 00:25:44,840 --> 00:25:49,280 Speaker 4: even selecting a seat in advance, compelling parents with minor 541 00:25:49,320 --> 00:25:52,240 Speaker 4: children to pay to sit together. Big fifty five page report. 542 00:25:52,240 --> 00:25:53,800 Speaker 4: I don't know what happens to Don't we do that here? 543 00:25:53,840 --> 00:25:54,639 Speaker 4: We've been doing most of that. 544 00:25:54,720 --> 00:25:57,919 Speaker 20: Yet, Yeah, I've actually paid extra for extra leg room exactly, 545 00:25:58,040 --> 00:26:01,000 Speaker 20: so I go absolutely insane on a plane exactly. 546 00:26:01,040 --> 00:26:05,080 Speaker 4: Thanksgiving meals, the classic Thanksgiving meal. The thing that most 547 00:26:05,119 --> 00:26:08,520 Speaker 4: fascinates me is how cheap food is in America, the classic. 548 00:26:08,560 --> 00:26:11,399 Speaker 4: First of all, the headline is that this Thanksgiving is 549 00:26:11,440 --> 00:26:13,040 Speaker 4: going to be cheaper to feed the family of ten, 550 00:26:13,119 --> 00:26:15,400 Speaker 4: So that's encouraging. So four to ten it will cost 551 00:26:15,400 --> 00:26:17,879 Speaker 4: you fifty eight bucks, which is five percent less than 552 00:26:17,920 --> 00:26:20,320 Speaker 4: it did last year. Turkey prices of what's come down 553 00:26:21,240 --> 00:26:24,080 Speaker 4: down five percent and then nine percent down from twenty 554 00:26:24,119 --> 00:26:29,359 Speaker 4: twenty two. Turkey, cubed stuffing, sweet potato, dinner rolls, frozen peas, 555 00:26:29,359 --> 00:26:34,639 Speaker 4: fresh cranberry, salery, carrots, pumpkin pie mix, crusts, whipping cream, 556 00:26:34,760 --> 00:26:37,320 Speaker 4: you know that's in a can, and some whole milk. 557 00:26:38,240 --> 00:26:40,600 Speaker 4: If you want to add ham and some russt, potatoes 558 00:26:40,640 --> 00:26:42,520 Speaker 4: and some frozen green beans, are you going to pay 559 00:26:42,560 --> 00:26:45,399 Speaker 4: seventy seven to thirty four, which is down eight percent? 560 00:26:45,440 --> 00:26:47,280 Speaker 4: But the turkeys is a pile of turkeys, and the 561 00:26:47,280 --> 00:26:51,000 Speaker 4: prices through the floor. Sixteen pound bird that accounts for 562 00:26:51,000 --> 00:26:53,520 Speaker 4: forty four percent of the overall cost. Do you know 563 00:26:53,520 --> 00:26:56,200 Speaker 4: how many birds there are two hundred and five million, which. 564 00:26:56,080 --> 00:26:58,239 Speaker 20: Is weird because there's a survey out that says that 565 00:26:58,320 --> 00:27:00,879 Speaker 20: thirty five percent of Americans don't even like it. 566 00:27:01,119 --> 00:27:03,600 Speaker 4: No, but that you do what you do. That's how 567 00:27:03,600 --> 00:27:06,000 Speaker 4: it goes anyway, work it through. Fifty eight bucks for 568 00:27:06,119 --> 00:27:12,280 Speaker 4: ten is five dollars eighty. A meal five dollars eighty. 569 00:27:12,960 --> 00:27:15,919 Speaker 4: You go to McDonald's Wanaka and see what you can 570 00:27:15,960 --> 00:27:18,000 Speaker 4: get for five dollars eighty and a guarantee it's not 571 00:27:18,040 --> 00:27:20,080 Speaker 4: turkey with all the with all the trimmings. 572 00:27:20,359 --> 00:27:22,400 Speaker 20: That's better than the deal you get at the Walkworth 573 00:27:22,400 --> 00:27:23,159 Speaker 20: Pub on a Sunday. 574 00:27:23,240 --> 00:27:28,040 Speaker 4: I reckon it is five minutes away from seven. That's usual, 575 00:27:28,720 --> 00:27:30,040 Speaker 4: the ins and the ouse. 576 00:27:30,320 --> 00:27:34,440 Speaker 1: It's the fiz with business favor take your business productivity 577 00:27:34,520 --> 00:27:35,520 Speaker 1: to the next level. 578 00:27:36,440 --> 00:27:38,920 Speaker 4: But the company at the Walkworth Pub, that's what you 579 00:27:39,000 --> 00:27:43,880 Speaker 4: can't buy. Where am I Black Friday? Let's talk about 580 00:27:43,920 --> 00:27:46,160 Speaker 4: that and all the people who get sucked in price 581 00:27:46,240 --> 00:27:47,960 Speaker 4: may have done some work. It's found out last year, 582 00:27:48,000 --> 00:27:50,800 Speaker 4: sixty one percent of the most popular products purchased in 583 00:27:50,880 --> 00:27:53,479 Speaker 4: the country. This is they were actually more expensive on 584 00:27:53,520 --> 00:27:55,399 Speaker 4: Black Friday than any other day of the year. I mean, 585 00:27:55,520 --> 00:27:58,760 Speaker 4: go figure thirty nine percent were at their lowest price 586 00:27:58,840 --> 00:28:01,480 Speaker 4: during the sale event itself only thirty nine percent of products, so, 587 00:28:01,520 --> 00:28:04,360 Speaker 4: in other words, sixty one percent of products were more 588 00:28:04,359 --> 00:28:10,520 Speaker 4: expensive seventy six percent more expensive on Black Friday. Seventy 589 00:28:10,560 --> 00:28:15,040 Speaker 4: six percent of products were more expensive on Black Friday. 590 00:28:15,880 --> 00:28:19,119 Speaker 4: iPhone eleven cheapest price last year was five hundred and 591 00:28:19,160 --> 00:28:22,119 Speaker 4: fourteen dollars cheapest pass on Black Friday, seven hundred and 592 00:28:22,160 --> 00:28:26,959 Speaker 4: sixty four sucked in good Samsung S twenty two cheapest 593 00:28:27,000 --> 00:28:29,440 Speaker 4: during the year nine to sixty eight on Black Friday. 594 00:28:29,480 --> 00:28:31,800 Speaker 4: It's your privilege to pay thirteen hundred and twenty five 595 00:28:31,840 --> 00:28:37,000 Speaker 4: dollars a dice and stick latest model last year, eleven 596 00:28:37,080 --> 00:28:41,120 Speaker 4: hundred dollars during the year fourteen hundred for Black Friday, headphones, 597 00:28:41,160 --> 00:28:45,160 Speaker 4: coffee machines, washing machines, whole bunch of other products all up. 598 00:28:45,320 --> 00:28:48,040 Speaker 4: Twenty seven percent of US distrust Black Friday Saving is 599 00:28:48,040 --> 00:28:51,080 Speaker 4: No kidding. Skepticism highest amongst those age twenty five to 600 00:28:51,120 --> 00:28:54,320 Speaker 4: thirty four and forty five to fifty four. However, those 601 00:28:54,360 --> 00:28:57,320 Speaker 4: who do believe the sales expect to get bargains on 602 00:28:57,360 --> 00:29:02,280 Speaker 4: average of forty percent were they are you really on fashion, 603 00:29:02,360 --> 00:29:08,560 Speaker 4: tech and home decor items. Mike, I believe the government 604 00:29:08,600 --> 00:29:12,320 Speaker 4: is leaning more to gene editing as opposed to GMO. 605 00:29:13,200 --> 00:29:15,800 Speaker 4: Imagine a gene edited to Marta that grew on half 606 00:29:15,920 --> 00:29:18,440 Speaker 4: of the required nitrogen, half the water, absorbing more of 607 00:29:18,480 --> 00:29:20,400 Speaker 4: the CT. Well, that's what I'm saying. During the interview. 608 00:29:20,960 --> 00:29:23,520 Speaker 4: Giving climate change and the occession around, the pressure is 609 00:29:23,560 --> 00:29:25,360 Speaker 4: going to be on how do we feed the world. 610 00:29:26,000 --> 00:29:28,080 Speaker 4: Speaking of feeding the world, I mean Dherant see the 611 00:29:28,120 --> 00:29:31,200 Speaker 4: most annoying celebrity outside of Baldwin this morning, give us 612 00:29:31,240 --> 00:29:33,960 Speaker 4: his voice to a cause, and then because of the times, 613 00:29:34,080 --> 00:29:37,200 Speaker 4: changes in mind on the voice to the cause any anymore. 614 00:29:37,240 --> 00:29:39,800 Speaker 4: So Bob's got to ring them up and going, please, 615 00:29:39,840 --> 00:29:42,239 Speaker 4: can you come on my song? If there's ever an 616 00:29:42,240 --> 00:29:45,080 Speaker 4: indication of how the world has changed Forty years ago 617 00:29:45,160 --> 00:29:47,240 Speaker 4: when Feed the World was started, they did it for 618 00:29:47,360 --> 00:29:49,880 Speaker 4: all the right reasons. Might have been a bit clumsy, 619 00:29:49,920 --> 00:29:51,520 Speaker 4: but they did it for all the right reasons. Forty 620 00:29:51,600 --> 00:29:55,000 Speaker 4: years on. The whining and the sniveling that goes on 621 00:29:55,320 --> 00:29:57,400 Speaker 4: simply to raise money for a good cause, you know, 622 00:29:57,800 --> 00:29:59,560 Speaker 4: and you wonder why the world's in the state it is? 623 00:30:00,040 --> 00:30:02,240 Speaker 4: Oh see, our time, let's do that in the moment. 624 00:30:04,240 --> 00:30:08,320 Speaker 1: The newsmakers and the personalities the big names talk to 625 00:30:08,720 --> 00:30:13,320 Speaker 1: like the breast with Bailey's real estate, your local experts 626 00:30:13,360 --> 00:30:16,560 Speaker 1: across residential, commercial and rural news togs, dad be. 627 00:30:16,800 --> 00:30:18,920 Speaker 4: Yeah, who's due to speak any moment, So that I'm 628 00:30:18,960 --> 00:30:21,320 Speaker 4: assuming is good news. Seven minutes past seven. Will come 629 00:30:21,320 --> 00:30:23,320 Speaker 4: back to it when it happens. Here we go for 630 00:30:23,360 --> 00:30:25,520 Speaker 4: the final time this year, back locally. Of course, ocr 631 00:30:25,560 --> 00:30:28,120 Speaker 4: cut is coming most likely fifty points. But the commentary 632 00:30:28,120 --> 00:30:30,440 Speaker 4: and the monetary policy statements your real gold. 633 00:30:30,520 --> 00:30:30,920 Speaker 10: Of course. 634 00:30:31,200 --> 00:30:33,920 Speaker 4: Former Reserve Bank economist Michael dell'sback with us. Michael, very 635 00:30:33,960 --> 00:30:35,840 Speaker 4: good morning to you, Mike. 636 00:30:36,040 --> 00:30:39,880 Speaker 16: Fifty oh probably, but if they went seventy five, it 637 00:30:39,920 --> 00:30:42,680 Speaker 16: certainly wouldn't surprise me. I think it's a reasonable case 638 00:30:43,400 --> 00:30:45,080 Speaker 16: and making large atart good. 639 00:30:45,360 --> 00:30:47,560 Speaker 4: I'm glad somebody else is saying that, apart from Greg Smith. 640 00:30:47,560 --> 00:30:50,320 Speaker 4: At the moment, what's neutral to you? And how quickly 641 00:30:50,320 --> 00:30:51,080 Speaker 4: do we get there? 642 00:30:52,600 --> 00:30:55,240 Speaker 16: I mean, I think the Reserve banks fewer things somewhere 643 00:30:55,360 --> 00:30:57,760 Speaker 16: three two and a half and three is probably the 644 00:30:57,760 --> 00:31:00,400 Speaker 16: best guess. At the moment. We won't know we genuinely 645 00:31:00,400 --> 00:31:02,360 Speaker 16: when they're in class we've got there, and seeing what 646 00:31:02,400 --> 00:31:06,160 Speaker 16: the inflationary consequences are. But you know, if that's the 647 00:31:06,160 --> 00:31:08,040 Speaker 16: best guess of the number, I think we'll be there 648 00:31:08,040 --> 00:31:10,120 Speaker 16: by July August next year. 649 00:31:10,320 --> 00:31:15,000 Speaker 4: Do you have any weight on this? We take a 650 00:31:15,080 --> 00:31:17,560 Speaker 4: very long summer recess off and this is probably not 651 00:31:17,600 --> 00:31:19,200 Speaker 4: a good thing for the Reserve Bank. And yes, they 652 00:31:19,240 --> 00:31:21,400 Speaker 4: can hold an emergency meeting, but they don't, et cetera. 653 00:31:21,520 --> 00:31:22,640 Speaker 4: Is there anything in that or not? 654 00:31:24,280 --> 00:31:26,640 Speaker 16: I think of the margin, it might influence things a little. 655 00:31:26,720 --> 00:31:28,280 Speaker 16: I mean, it's a bad choice on their part. They 656 00:31:28,280 --> 00:31:31,080 Speaker 16: should have more even the space the meetings through the year, 657 00:31:31,600 --> 00:31:34,280 Speaker 16: but much the biggest influence will just be that inflesh 658 00:31:34,520 --> 00:31:37,160 Speaker 16: is turning now decisively coming down. I think the sort 659 00:31:37,200 --> 00:31:39,400 Speaker 16: of core inflectionment meads that don't get so much attention, 660 00:31:39,840 --> 00:31:41,600 Speaker 16: and I think the Bank will be drawing attention to 661 00:31:41,680 --> 00:31:45,120 Speaker 16: that themselves today whether they go for seventy five and 662 00:31:45,200 --> 00:31:48,520 Speaker 16: so the fact that they're not coming till February may 663 00:31:48,720 --> 00:31:51,560 Speaker 16: just make them a little more willing to make a 664 00:31:51,600 --> 00:31:52,080 Speaker 16: bigger call. 665 00:31:52,480 --> 00:31:54,920 Speaker 4: Is there any disconnect that you're seeing in the economy? 666 00:31:55,000 --> 00:31:57,840 Speaker 4: Q four for some anyway, is not looking like maybe 667 00:31:57,960 --> 00:32:00,640 Speaker 4: some thought it would once the cuts starf another word, 668 00:32:00,680 --> 00:32:03,080 Speaker 4: the fizz. Isn't there is that a problem? 669 00:32:04,440 --> 00:32:06,360 Speaker 16: I mean, legs are longer than that, so you wouldn't 670 00:32:06,400 --> 00:32:09,440 Speaker 16: expect a drop from the o CR to have made 671 00:32:09,560 --> 00:32:14,440 Speaker 16: observable difference to actually developments that quickly. Yes, it all 672 00:32:14,520 --> 00:32:16,400 Speaker 16: come through in the confidence measures, and some of them 673 00:32:16,440 --> 00:32:18,200 Speaker 16: have been a bit stronger others aren't. 674 00:32:19,160 --> 00:32:19,320 Speaker 17: You know. 675 00:32:19,480 --> 00:32:22,320 Speaker 16: Purchasing managers and DEXes, which are really quite important actually 676 00:32:22,400 --> 00:32:25,400 Speaker 16: surveying firms about what they're doing, are still very very weak. 677 00:32:26,160 --> 00:32:28,560 Speaker 16: But again it's not surprising. Rates were high for a 678 00:32:28,640 --> 00:32:31,080 Speaker 16: long time. Legs take a long time to work. We're 679 00:32:31,080 --> 00:32:33,520 Speaker 16: still going to see more fiscal consolidation next year, so 680 00:32:34,240 --> 00:32:36,240 Speaker 16: life's not going to be easy for anyone in their company. 681 00:32:36,960 --> 00:32:38,080 Speaker 4: Probbly Well, I was going to say, one of the 682 00:32:38,080 --> 00:32:39,760 Speaker 4: main reports I read the other day said one percent 683 00:32:39,840 --> 00:32:42,479 Speaker 4: growth next year. Is that what you see ish Well? 684 00:32:42,680 --> 00:32:45,040 Speaker 16: I mean, it's quite plausible. There's always a big margin 685 00:32:45,120 --> 00:32:46,360 Speaker 16: that the are there, and you know, it's what happens 686 00:32:46,400 --> 00:32:48,280 Speaker 16: in the rest of the world. But yeah, any recovery 687 00:32:48,320 --> 00:32:49,640 Speaker 16: looks like she's pretty gradual. 688 00:32:50,080 --> 00:32:52,080 Speaker 4: And how would you describe that? Is that a landing 689 00:32:52,120 --> 00:32:55,280 Speaker 4: of softish nature, a crash, A what is it? 690 00:32:56,640 --> 00:32:58,200 Speaker 16: I don't think it's either of those. It's sort of 691 00:32:58,280 --> 00:33:00,920 Speaker 16: mid range. You know, we've been very weak from ours 692 00:33:00,920 --> 00:33:04,000 Speaker 16: for years. Discusses on the unemployment rate as it goes 693 00:33:04,000 --> 00:33:06,000 Speaker 16: to five and a half to see it. Obviously, that's 694 00:33:06,040 --> 00:33:07,600 Speaker 16: way better than some of the peaks we've had in 695 00:33:07,680 --> 00:33:11,840 Speaker 16: the past. It's still tough for job seekers. It's a 696 00:33:11,960 --> 00:33:13,280 Speaker 16: genuine recession, all right. 697 00:33:13,280 --> 00:33:16,760 Speaker 4: I always appreciate your expertise, Michael Ddell, former Reserve Bank economist. 698 00:33:16,800 --> 00:33:17,040 Speaker 10: Of course. 699 00:33:17,080 --> 00:33:19,800 Speaker 4: Ten minutes past seven, I get some pretty good news 700 00:33:19,840 --> 00:33:22,200 Speaker 4: on the housing price front justin I'll give you those 701 00:33:22,280 --> 00:33:23,880 Speaker 4: numbers in a moment, but I need to get to 702 00:33:24,000 --> 00:33:25,760 Speaker 4: the business of health. A little bit of help coming. 703 00:33:25,760 --> 00:33:28,400 Speaker 4: We've got an additional fifty senior doctors and seventy five nurses. 704 00:33:28,600 --> 00:33:32,640 Speaker 4: Association of Salary Medical Specialists Boss Sarah Dalton is withther Sarah. 705 00:33:32,760 --> 00:33:36,440 Speaker 4: Very good morning to you, Sheldon. Mike how A, I'm well, indeed, 706 00:33:36,520 --> 00:33:39,440 Speaker 4: I know what you will say. But it's better than nothing, 707 00:33:39,480 --> 00:33:39,760 Speaker 4: isn't it. 708 00:33:40,880 --> 00:33:44,240 Speaker 21: Well, it depends effectively what the minister has announced. There's 709 00:33:44,320 --> 00:33:47,960 Speaker 21: fifty extra vacancies on an already very long vacancy list. 710 00:33:48,800 --> 00:33:51,280 Speaker 4: Where are they getting them from? By the way, there're 711 00:33:51,280 --> 00:33:52,880 Speaker 4: a covert of seeing the doctors about the place. 712 00:33:53,680 --> 00:33:56,840 Speaker 21: Oh I wish, wouldn't that be nice? All I want 713 00:33:56,880 --> 00:33:59,520 Speaker 21: for Christmas doctors? 714 00:34:01,640 --> 00:34:03,680 Speaker 4: Are we bringing them in or training them do this? 715 00:34:03,840 --> 00:34:05,080 Speaker 4: What does this actually achieve? 716 00:34:07,920 --> 00:34:09,680 Speaker 22: I know I hate to. 717 00:34:09,680 --> 00:34:11,520 Speaker 21: Reign on the parade, but I really don't think it 718 00:34:11,600 --> 00:34:14,879 Speaker 21: achieved anything. I think it's really disappointing given that last 719 00:34:14,960 --> 00:34:17,920 Speaker 21: year's worksforce planned put out by Health in New Zealand 720 00:34:17,960 --> 00:34:20,840 Speaker 21: that I identified finally put a number on a shortage 721 00:34:20,880 --> 00:34:24,400 Speaker 21: of senior doctors in New Zealand seventeen hundred and that 722 00:34:24,520 --> 00:34:28,800 Speaker 21: included GPS actually, and they said, here's a number, this 723 00:34:28,920 --> 00:34:30,920 Speaker 21: is how many we think we need. And nothing that 724 00:34:31,000 --> 00:34:34,000 Speaker 21: has happened since has referred any way, shape or formed 725 00:34:34,040 --> 00:34:36,800 Speaker 21: through that data, or has attempted to address it in 726 00:34:36,920 --> 00:34:40,960 Speaker 21: any concrete or tangible way. And you know the minister's announcement, 727 00:34:41,040 --> 00:34:43,320 Speaker 21: you say, which is we're going to make up some 728 00:34:43,480 --> 00:34:46,000 Speaker 21: doctors for some areas in particular need. Well, you know, 729 00:34:46,080 --> 00:34:48,120 Speaker 21: we had one of our members on the radio yesterday 730 00:34:48,160 --> 00:34:50,080 Speaker 21: from Wiped up As saying we could take twenty of 731 00:34:50,120 --> 00:34:54,160 Speaker 21: those tomorrow. And that's one place. And of course the 732 00:34:54,280 --> 00:34:57,360 Speaker 21: same day we've got if I taught a consulting with 733 00:34:57,480 --> 00:35:00,400 Speaker 21: staff in the National Public Health Service Data and Digital 734 00:35:00,440 --> 00:35:04,400 Speaker 21: director at about tens of millions of dollars of planned 735 00:35:04,960 --> 00:35:06,040 Speaker 21: call them cost savings. 736 00:35:07,360 --> 00:35:09,080 Speaker 4: Does any of that, by the way, before you phone 737 00:35:09,080 --> 00:35:11,319 Speaker 4: completely dies, does any of that come from if Lester 738 00:35:11,400 --> 00:35:13,759 Speaker 4: Levy finds millions, does any of that go to the 739 00:35:13,800 --> 00:35:15,920 Speaker 4: front line or not? Or is that just savings? 740 00:35:18,000 --> 00:35:20,080 Speaker 21: Well, we think you're taking it from the front line. 741 00:35:20,120 --> 00:35:22,760 Speaker 21: There's nothing more frontline than our National Public Health Service. 742 00:35:23,120 --> 00:35:25,960 Speaker 4: Well, yeah, you're generalizing onto it. We will think of 743 00:35:26,040 --> 00:35:28,399 Speaker 4: frontline as doctors and nurses, people who jab things into 744 00:35:28,440 --> 00:35:31,120 Speaker 4: my arm. If in the back rooms is what we're saying, 745 00:35:31,480 --> 00:35:33,760 Speaker 4: does that actually get to a doctor or a nurse? 746 00:35:34,560 --> 00:35:36,520 Speaker 21: Well, I need to be really clear that the National 747 00:35:36,560 --> 00:35:39,960 Speaker 21: Public Health Service is really frontline. Like that is immunizations, 748 00:35:40,200 --> 00:35:45,279 Speaker 21: that is panic preparedness and response, it's border controls. You know, 749 00:35:45,520 --> 00:35:50,880 Speaker 21: it's a communicable disease. That is the real basics offline healthcare, 750 00:35:51,280 --> 00:35:54,840 Speaker 21: and we're in a hooping cough epidemic. Also data and 751 00:35:54,920 --> 00:35:57,400 Speaker 21: digital You may well call it back room, but the 752 00:35:57,560 --> 00:36:01,280 Speaker 21: real gains, other than finding enough staff, which is proving difficult. 753 00:36:01,920 --> 00:36:07,520 Speaker 21: You know, doctors, nurses, etc. Would be having amazing digital infrastructure, 754 00:36:07,640 --> 00:36:10,719 Speaker 21: amazing electronic tools that help our people do their jobs 755 00:36:10,719 --> 00:36:11,640 Speaker 21: sufficiently and better. 756 00:36:12,200 --> 00:36:12,799 Speaker 16: At the moment. 757 00:36:12,960 --> 00:36:14,800 Speaker 21: As a clinker, yes it is. 758 00:36:14,920 --> 00:36:17,120 Speaker 4: But having said that, I don't want to argue with you, Sarah, 759 00:36:17,160 --> 00:36:20,520 Speaker 4: because it's Christmas and I also like you. But we 760 00:36:20,719 --> 00:36:23,360 Speaker 4: have no money and health New Zealand is bleeding to 761 00:36:23,600 --> 00:36:25,239 Speaker 4: a million and a half a month or whatever, it's 762 00:36:25,239 --> 00:36:26,960 Speaker 4: a billion dollars a year. It's a disaster. We have 763 00:36:27,080 --> 00:36:27,439 Speaker 4: no money. 764 00:36:28,680 --> 00:36:32,319 Speaker 21: I guess the commissioner likes to talk about invest to say, 765 00:36:32,920 --> 00:36:35,480 Speaker 21: and I think given the wider economic indicators I was 766 00:36:35,560 --> 00:36:39,680 Speaker 21: listening to your previous interview, a health system that is 767 00:36:39,800 --> 00:36:43,200 Speaker 21: not able to care for people is a real additional 768 00:36:43,320 --> 00:36:46,080 Speaker 21: productivity drain on the economy. You know, people who have 769 00:36:46,480 --> 00:36:50,839 Speaker 21: well to work are again people who can't access care 770 00:36:51,200 --> 00:36:53,319 Speaker 21: who would otherwise be working and contributing. 771 00:36:53,880 --> 00:36:54,520 Speaker 23: Is a problem. 772 00:36:54,640 --> 00:36:57,200 Speaker 21: So I think this government really needs to think about 773 00:36:57,800 --> 00:37:01,320 Speaker 21: what are the basics of healthcare and you know what buildings, 774 00:37:01,560 --> 00:37:05,040 Speaker 21: equipment and people do they need to deliver because it's 775 00:37:05,080 --> 00:37:07,799 Speaker 21: better than a one year three year government term, right, 776 00:37:07,920 --> 00:37:09,960 Speaker 21: So we need a little bit of courage and a 777 00:37:10,000 --> 00:37:11,680 Speaker 21: little bit of foresight bit longer term. 778 00:37:11,960 --> 00:37:12,960 Speaker 16: Can you here all right? 779 00:37:13,000 --> 00:37:15,440 Speaker 4: Good to see you appreciate it, Sarah Dalton, which brings 780 00:37:15,480 --> 00:37:20,040 Speaker 4: me to an article, which brings me to the reaction 781 00:37:20,160 --> 00:37:22,160 Speaker 4: to the article, which brings me to the Prime Minister 782 00:37:22,400 --> 00:37:24,320 Speaker 4: and growing the pie, all of which I'll come to 783 00:37:24,400 --> 00:37:27,200 Speaker 4: in a couple of moments. Fourteen minutes past seven Pascal 784 00:37:27,239 --> 00:37:29,719 Speaker 4: Foot News on houses. I promise that I deliver. I 785 00:37:29,840 --> 00:37:32,520 Speaker 4: am the Santa Claus of the housing market. October Trade 786 00:37:32,520 --> 00:37:35,600 Speaker 4: me property data up up, uppitty up up up. Our 787 00:37:35,719 --> 00:37:39,080 Speaker 4: average asking price up three point one percent, strongest month 788 00:37:39,200 --> 00:37:42,879 Speaker 4: on month growth in three years. Selling quicker as well, 789 00:37:43,080 --> 00:37:46,080 Speaker 4: fifty nine days down from seventy. All but one of 790 00:37:46,120 --> 00:37:51,000 Speaker 4: the fifteen regions saw growth. Auckland four point two, Hawks 791 00:37:51,040 --> 00:37:54,440 Speaker 4: Bay two point six, West Coast Boom six point three, 792 00:37:54,600 --> 00:37:58,840 Speaker 4: Southland four point six. Even Wellington is up two percent. 793 00:37:59,320 --> 00:38:03,640 Speaker 1: Quarter past the Hi like asking Breakfast full show podcast 794 00:38:03,840 --> 00:38:06,520 Speaker 1: on iHeartRadio powered by News Talks. 795 00:38:06,239 --> 00:38:08,840 Speaker 4: At be Mike. How much is ever enough for healthcare? 796 00:38:08,840 --> 00:38:10,840 Speaker 4: Irrespective of the government, are they ever happy? Let me 797 00:38:10,880 --> 00:38:12,279 Speaker 4: come back to that, because it's not a bad question. 798 00:38:12,400 --> 00:38:15,960 Speaker 4: Seventeen past Wellington's famed City Council got together yesterday made 799 00:38:15,960 --> 00:38:18,200 Speaker 4: a few decisions. Twenty one amendments close to four hundred 800 00:38:18,239 --> 00:38:20,359 Speaker 4: million dollars worth of savings were identified in a good 801 00:38:20,400 --> 00:38:22,719 Speaker 4: old seven hour meeting. The plan is now to have 802 00:38:22,800 --> 00:38:26,200 Speaker 4: a new draft budget, apparently finalized by December seventeen. Council 803 00:38:26,239 --> 00:38:29,839 Speaker 4: of Tony Randall was there, Tony morning, Good morning. Did 804 00:38:29,920 --> 00:38:32,440 Speaker 4: the monitor make any difference the Crown monitor. 805 00:38:33,440 --> 00:38:37,560 Speaker 23: No, he's sitting and monitoring, observing from the sidelines. But 806 00:38:37,719 --> 00:38:39,879 Speaker 23: we've had a meeting with him and you know he's 807 00:38:40,080 --> 00:38:42,960 Speaker 23: given us a view and I think he's going to 808 00:38:43,000 --> 00:38:44,400 Speaker 23: be a plus to our council. 809 00:38:44,600 --> 00:38:46,960 Speaker 4: Good the four hundred million dollars in all the decisions, 810 00:38:47,080 --> 00:38:49,000 Speaker 4: was that a direct response of a bloke sitting in 811 00:38:49,040 --> 00:38:50,920 Speaker 4: the corner because simming and sent him there, or did 812 00:38:51,000 --> 00:38:52,960 Speaker 4: you finally wake up and get your back together? 813 00:38:53,840 --> 00:38:56,080 Speaker 23: No, it was a result of us not saying the 814 00:38:56,120 --> 00:38:58,520 Speaker 23: airport she is, Look, we're going to sell the airport 815 00:38:58,600 --> 00:39:02,759 Speaker 23: she is to replace the emergency fund that we need 816 00:39:02,800 --> 00:39:04,600 Speaker 23: to keep some extra money inside in cases of an 817 00:39:04,640 --> 00:39:08,440 Speaker 23: earthquake or something. And we didn't sell the shares. I'm 818 00:39:08,480 --> 00:39:10,920 Speaker 23: not into selling the silver to pay the groceries. And 819 00:39:11,280 --> 00:39:13,600 Speaker 23: so I changed my vote. So we had to make 820 00:39:13,680 --> 00:39:16,200 Speaker 23: cuts to restore the emergency funding, and that's why we're 821 00:39:16,239 --> 00:39:17,840 Speaker 23: doing the long Term Plan amendment. 822 00:39:18,120 --> 00:39:19,560 Speaker 4: Yeah that no, No, I get all of that. But 823 00:39:19,680 --> 00:39:22,600 Speaker 4: what I'm asking was those decisions that were made yesterday. 824 00:39:22,680 --> 00:39:24,239 Speaker 4: Is that because you're in the gun and the whole 825 00:39:24,280 --> 00:39:26,000 Speaker 4: country is now looking at you as a bunch of 826 00:39:26,040 --> 00:39:28,759 Speaker 4: incompetence or were you going to do that anyway because 827 00:39:28,760 --> 00:39:30,320 Speaker 4: you had to because you weren't selling the shares. 828 00:39:30,880 --> 00:39:32,600 Speaker 23: Oh, we had to, and we took the advice of 829 00:39:32,960 --> 00:39:35,560 Speaker 23: our officers. But you know, the problem we have in 830 00:39:35,880 --> 00:39:39,680 Speaker 23: terms of the decisions is most of them Mayor's amendments 831 00:39:39,719 --> 00:39:42,080 Speaker 23: to what the officers recommended put money back in. And 832 00:39:42,160 --> 00:39:44,960 Speaker 23: so I'm really worried we haven't actually made the cuts. No, 833 00:39:45,120 --> 00:39:47,080 Speaker 23: certainly not the money that you've talked about. 834 00:39:47,239 --> 00:39:49,360 Speaker 4: Is the Golden Mile ever going to be a starter 835 00:39:49,480 --> 00:39:51,279 Speaker 4: in any way, shape or form. Was Tori going to 836 00:39:51,320 --> 00:39:52,160 Speaker 4: die in the ditch over that? 837 00:39:54,160 --> 00:39:58,960 Speaker 23: I think both are correct. Actually Tory put her put 838 00:39:59,000 --> 00:40:01,239 Speaker 23: the Golden Mile money back, and so it's no longer 839 00:40:01,280 --> 00:40:05,600 Speaker 23: subject to any consultation. She seems determined to get it, 840 00:40:05,680 --> 00:40:08,200 Speaker 23: to get it in and start being built without the 841 00:40:08,280 --> 00:40:11,040 Speaker 23: public having any say, and certainly before the election that's 842 00:40:11,080 --> 00:40:11,440 Speaker 23: coming up. 843 00:40:11,640 --> 00:40:14,840 Speaker 4: So are things better or not really better? Tony? 844 00:40:16,600 --> 00:40:18,919 Speaker 23: It depends what you mean by bees r think working 845 00:40:18,960 --> 00:40:19,440 Speaker 23: a little bit. 846 00:40:19,440 --> 00:40:21,719 Speaker 4: More lighter, a foot bit more money saved, a little 847 00:40:21,760 --> 00:40:23,680 Speaker 4: bit more fiscally you know successful. 848 00:40:24,280 --> 00:40:30,760 Speaker 23: No, No, these counselors are determined to implement green agenda 849 00:40:30,960 --> 00:40:32,799 Speaker 23: sort of stuff. They have not listening to the people 850 00:40:32,840 --> 00:40:36,759 Speaker 23: that we're demolishing the Begonia House are kind. We're looking 851 00:40:36,800 --> 00:40:39,880 Speaker 23: at demolishing the city's sea bridge, the mere and the 852 00:40:39,960 --> 00:40:43,359 Speaker 23: supporters seem determined to turn Wellington into Copenhagen with more 853 00:40:43,400 --> 00:40:46,400 Speaker 23: psycho ways, and in the meantime you're destroying the real Wellington. 854 00:40:47,080 --> 00:40:50,279 Speaker 4: Nicely, put go well Tony Randall, Wellington City councilor his 855 00:40:50,440 --> 00:40:51,680 Speaker 4: net and Yaho in the ceasefire. 856 00:40:52,800 --> 00:40:57,280 Speaker 2: And I'm determined to get our soldiers, our hero soldiers 857 00:40:58,840 --> 00:41:04,360 Speaker 2: or measurements, all measures to keep save their lives and 858 00:41:04,480 --> 00:41:09,759 Speaker 2: bring back victory. This is why I will bring an 859 00:41:09,800 --> 00:41:14,759 Speaker 2: agreement the cabinet. The duration of it will depend on 860 00:41:14,840 --> 00:41:24,480 Speaker 2: what happens in Lebanon and money. We keep whole freedom 861 00:41:24,560 --> 00:41:28,960 Speaker 2: for military freedom, and if its Butler will re arm itself, 862 00:41:29,040 --> 00:41:29,720 Speaker 2: we will attack. 863 00:41:30,480 --> 00:41:32,959 Speaker 4: But for now this will cease five seven one. 864 00:41:34,880 --> 00:41:39,680 Speaker 1: The mic Asking Breakfast Full Show podcast on iHeartRadio powered 865 00:41:39,760 --> 00:41:40,800 Speaker 1: by News Talk Spy. 866 00:41:41,480 --> 00:41:43,600 Speaker 4: Now we all know the Chemist Warehouse has low prices 867 00:41:43,640 --> 00:41:46,800 Speaker 4: across a huge range of products, but Black Friday next level, 868 00:41:46,880 --> 00:41:48,400 Speaker 4: So you're going to find better than the over prices 869 00:41:48,400 --> 00:41:50,920 Speaker 4: on the biggest brains brands like Swiss, Loureal, Neutral Life 870 00:41:50,960 --> 00:41:54,080 Speaker 4: and many more. The Imco Beauty Range Australia is leading 871 00:41:54,160 --> 00:41:56,960 Speaker 4: lucks for less Brain. That's an incredible forty five percent off. 872 00:41:57,239 --> 00:41:59,439 Speaker 4: If you love the Loreal pair of skincare range, they've 873 00:41:59,440 --> 00:42:01,920 Speaker 4: slashed that by forty five percent. Two Chemist Warehouses got 874 00:42:01,960 --> 00:42:05,320 Speaker 4: twenty five percent off the Serave range, thirty five percent 875 00:42:05,400 --> 00:42:08,239 Speaker 4: off of Sarno Special Treat for the little ones, thirty 876 00:42:08,280 --> 00:42:10,359 Speaker 4: percent off the Johnson's Baby range, and wildly they don't 877 00:42:10,400 --> 00:42:12,319 Speaker 4: forget to stock up on your favorite supplements as well. 878 00:42:12,360 --> 00:42:15,360 Speaker 4: Forty percent off clinicians, fifty percent off the Sanders and 879 00:42:15,440 --> 00:42:18,680 Speaker 4: vitamins are the toothbrush everyone's talking about the Colgate Pulse 880 00:42:18,760 --> 00:42:22,680 Speaker 4: Series one electric toothbrush half price, So be quick. Chemist 881 00:42:22,680 --> 00:42:26,040 Speaker 4: Warehouse Black Friday offer ends Sunday one December. Hurry in 882 00:42:26,080 --> 00:42:29,600 Speaker 4: store or online today. Stop paying too much chemist warehouse 883 00:42:29,960 --> 00:42:32,440 Speaker 4: asking tent before. Now if you can score, the government will, 884 00:42:32,880 --> 00:42:35,080 Speaker 4: as we mark one year this week, it is in 885 00:42:35,160 --> 00:42:37,080 Speaker 4: the area I think of common sense. Just this week 886 00:42:37,120 --> 00:42:39,200 Speaker 4: a cop shop in the heart of Auckland. Simple and 887 00:42:39,280 --> 00:42:41,319 Speaker 4: yet the biggest city in the country didn't have one, 888 00:42:41,520 --> 00:42:43,560 Speaker 4: and crimes gone through the roof and the CBD was 889 00:42:43,600 --> 00:42:45,680 Speaker 4: a disgrace. And now we got housing. A question the 890 00:42:45,760 --> 00:42:48,879 Speaker 4: previous government could never answer properly is when it came 891 00:42:48,920 --> 00:42:51,080 Speaker 4: to social housing, why did the government of the government 892 00:42:51,080 --> 00:42:53,520 Speaker 4: alone have to do it all? When there are providers 893 00:42:53,600 --> 00:42:55,960 Speaker 4: with vast experience and a chance to be a better provider. 894 00:42:56,239 --> 00:42:59,000 Speaker 4: Why wouldn't you tap into that? And so the announcement 895 00:42:59,040 --> 00:43:01,080 Speaker 4: that the government will do very things yesterday to get 896 00:43:01,080 --> 00:43:04,200 Speaker 4: community housing providers more active in the market. One work 897 00:43:04,280 --> 00:43:07,520 Speaker 4: differently with them around red tape and regulation. Two, hopefully 898 00:43:07,560 --> 00:43:09,320 Speaker 4: get the Reserve Bank to change the rules around the 899 00:43:09,360 --> 00:43:11,320 Speaker 4: money that has to be set aside by the commercial 900 00:43:11,360 --> 00:43:14,560 Speaker 4: banks before they lend it providers. Three maybe even help 901 00:43:14,600 --> 00:43:17,640 Speaker 4: with finance by backing them up themselves. So kieing Aura 902 00:43:18,120 --> 00:43:19,879 Speaker 4: turned out to be a debt laid mess, of course, 903 00:43:19,960 --> 00:43:21,600 Speaker 4: and that can happen when you put all your eggs 904 00:43:21,600 --> 00:43:24,560 Speaker 4: in one basket. This is another of these issues, by 905 00:43:24,600 --> 00:43:26,800 Speaker 4: the way, that no one disagrees that there is an issue, 906 00:43:26,880 --> 00:43:29,320 Speaker 4: i e. More homes are needing to be built. But 907 00:43:29,440 --> 00:43:32,000 Speaker 4: this isn't China. The state doesn't have to control everything 908 00:43:32,320 --> 00:43:35,720 Speaker 4: under labor. All that happened was that the Q grew longer. 909 00:43:36,160 --> 00:43:38,880 Speaker 4: Never have we seen so many people lined up for housing, 910 00:43:39,080 --> 00:43:41,080 Speaker 4: and yet never have we seen the line grow longer 911 00:43:41,280 --> 00:43:44,040 Speaker 4: because the chosen mechanism was failing, And even then they 912 00:43:44,080 --> 00:43:47,040 Speaker 4: didn't really bend to the obvious. The bigger question, of course, 913 00:43:47,680 --> 00:43:50,080 Speaker 4: is just how big should the state's role in housing be? 914 00:43:50,160 --> 00:43:52,160 Speaker 4: I mean, just how and why is that seemingly so 915 00:43:52,200 --> 00:43:54,520 Speaker 4: many tens of thousands of people can't seem to find 916 00:43:54,560 --> 00:43:56,359 Speaker 4: a roof to stick over their heads? Are we really 917 00:43:56,480 --> 00:43:59,320 Speaker 4: that poor, that deprived that the line has to be 918 00:43:59,480 --> 00:44:02,320 Speaker 4: that long. What this government seems to get is the 919 00:44:02,360 --> 00:44:05,279 Speaker 4: private sector are not ogres. The state doesn't have to 920 00:44:05,400 --> 00:44:08,800 Speaker 4: be the only game in town, and sadly, in rectifying 921 00:44:08,840 --> 00:44:12,359 Speaker 4: problems that are seemingly simple to rectify. Common sense isn't 922 00:44:12,719 --> 00:44:16,440 Speaker 4: all that common? Husking Mica is Tony Randall the only 923 00:44:16,560 --> 00:44:20,520 Speaker 4: sensible It's quite possible I hate to break this to you, 924 00:44:20,640 --> 00:44:22,360 Speaker 4: but property isn't the only way to build wealth or 925 00:44:22,360 --> 00:44:25,120 Speaker 4: growth the economy. I'm an independent financial advisor. Our balanced 926 00:44:25,160 --> 00:44:27,600 Speaker 4: portfolios on average are up fifteen percent this year, some 927 00:44:27,680 --> 00:44:32,120 Speaker 4: growth in the twenties over three years, four or three 928 00:44:32,200 --> 00:44:33,799 Speaker 4: or four. Where's the reporting on all of this, Well, 929 00:44:33,840 --> 00:44:35,320 Speaker 4: there's plenty of reporting on the market. We do it 930 00:44:35,360 --> 00:44:37,439 Speaker 4: every day on this program. For goodness sake. I bought 931 00:44:37,480 --> 00:44:39,400 Speaker 4: my first house and now a rental in Glenn and 932 00:44:39,400 --> 00:44:41,560 Speaker 4: it's twenty fifteen numbers, laconemic hip. If you want to 933 00:44:41,560 --> 00:44:42,880 Speaker 4: put your money in the market, you can do so. 934 00:44:43,880 --> 00:44:45,680 Speaker 4: No one's stopping you. But what I know is that 935 00:44:45,920 --> 00:44:47,920 Speaker 4: people are obsessed with housing in this country. They love 936 00:44:47,960 --> 00:44:50,360 Speaker 4: housing because not only can it give you a return 937 00:44:51,200 --> 00:44:53,440 Speaker 4: for lifestyle and retirement, but of course there's a roof 938 00:44:53,480 --> 00:44:56,520 Speaker 4: over your head. You can't put a portfolio over your 939 00:44:56,560 --> 00:44:58,960 Speaker 4: head because when it rains, the portfolio gets wet. And 940 00:44:59,000 --> 00:45:01,840 Speaker 4: so to you to say that putting money in the 941 00:45:01,880 --> 00:45:04,360 Speaker 4: market isn't a good thing and that's what's good for you. 942 00:45:04,480 --> 00:45:06,160 Speaker 4: How much is ever enough for healthcare? 943 00:45:06,200 --> 00:45:06,319 Speaker 10: Now? 944 00:45:06,480 --> 00:45:09,560 Speaker 4: In that is a very good question, which brings us 945 00:45:09,560 --> 00:45:11,480 Speaker 4: to Richard Prebble's column in the Herald this morning. 946 00:45:11,560 --> 00:45:11,840 Speaker 10: Read it. 947 00:45:12,239 --> 00:45:16,600 Speaker 4: He is referencing Dominic Stevens's speech from the Reserve Bank, 948 00:45:16,640 --> 00:45:18,000 Speaker 4: which he gave a couple of weeks ago and has 949 00:45:18,040 --> 00:45:21,480 Speaker 4: got tremendous coverage and all of the problems that the 950 00:45:21,560 --> 00:45:24,319 Speaker 4: government is facing at the moment, and why in fact 951 00:45:24,560 --> 00:45:28,000 Speaker 4: the Prime Minister simply say growing the pie might not 952 00:45:28,360 --> 00:45:29,040 Speaker 4: be the answer. 953 00:45:30,040 --> 00:45:33,840 Speaker 1: The Breakfast Show You Can Trust, the Mike Hosking Breakfast 954 00:45:34,120 --> 00:45:38,480 Speaker 1: with Vida, Retirement, Communities, Life your Way, News, togsad Bet 955 00:45:38,600 --> 00:45:38,920 Speaker 1: bring them. 956 00:45:38,960 --> 00:45:40,879 Speaker 4: It's away from My Politics where it say much Mitchell, 957 00:45:41,000 --> 00:45:43,760 Speaker 4: Timmy Anderson after eight meantime the status to the days, 958 00:45:43,800 --> 00:45:45,359 Speaker 4: of course, as we got the news forul re mp 959 00:45:45,520 --> 00:45:48,960 Speaker 4: nicky K passed away at just forty four, long battle 960 00:45:49,000 --> 00:45:51,240 Speaker 4: with cancer and one of your best friends, David Pharah 961 00:45:51,440 --> 00:45:52,080 Speaker 4: is well, it's David. 962 00:45:52,160 --> 00:45:54,319 Speaker 22: Very good morning to you morning Mike. 963 00:45:54,400 --> 00:45:57,040 Speaker 4: And I'm not sure where I saw it, but your 964 00:45:57,080 --> 00:45:59,880 Speaker 4: piece you wrote yesterday about her that was delightful and 965 00:46:00,800 --> 00:46:02,880 Speaker 4: I hope that that helped a lot of people understand 966 00:46:02,920 --> 00:46:05,520 Speaker 4: more about her and your experience with her. How did 967 00:46:05,560 --> 00:46:07,640 Speaker 4: you become best friends? 968 00:46:07,680 --> 00:46:10,560 Speaker 16: As you put it, well, I knew when. 969 00:46:10,480 --> 00:46:12,960 Speaker 22: She was eighteen she was a young national and I 970 00:46:13,040 --> 00:46:15,400 Speaker 22: worked in partment and then she joined us in parliament 971 00:46:15,480 --> 00:46:19,520 Speaker 22: two three years later, so we became colleagues and she 972 00:46:19,680 --> 00:46:22,120 Speaker 22: the ended, as all Kiwis do or most of them, 973 00:46:22,160 --> 00:46:25,560 Speaker 22: went to London for five years, and I went to 974 00:46:25,719 --> 00:46:27,640 Speaker 22: London a lot and ended up staying with us. I 975 00:46:27,760 --> 00:46:29,839 Speaker 22: think it was during that period there that we became 976 00:46:29,920 --> 00:46:32,520 Speaker 22: really close. We started doing some holidays together at the 977 00:46:32,600 --> 00:46:35,560 Speaker 22: C and there's also the period when just like being 978 00:46:35,640 --> 00:46:39,040 Speaker 22: in her twenties, she she started talking about I might 979 00:46:39,120 --> 00:46:41,280 Speaker 22: come back to New Zealand and stand for parliament. 980 00:46:42,320 --> 00:46:45,000 Speaker 4: Amazing. Did she always ignore your advice? 981 00:46:46,440 --> 00:46:51,320 Speaker 22: Yes, it was the one constant of our relationship. She 982 00:46:51,520 --> 00:46:55,280 Speaker 22: always wanted advice, but she generally already had a fairly 983 00:46:55,320 --> 00:46:57,400 Speaker 22: good idea in her mind what she wanted to do. 984 00:46:57,560 --> 00:47:01,040 Speaker 22: And standing for parliament I think was probably the great 985 00:47:01,160 --> 00:47:05,680 Speaker 22: example because we just all said, Auckland Central's been held 986 00:47:05,719 --> 00:47:08,480 Speaker 22: by Labor or their alliants for ninety years, it's never 987 00:47:08,600 --> 00:47:12,239 Speaker 22: been won by national and there's already a Nationalist MP there, 988 00:47:12,320 --> 00:47:14,719 Speaker 22: so we said, you won't win the nomination, you won't 989 00:47:14,760 --> 00:47:16,360 Speaker 22: win the seat. Why ain't go and look out a 990 00:47:16,400 --> 00:47:20,280 Speaker 22: nice seat like Rota Roa. Andy, though, had this belief 991 00:47:20,320 --> 00:47:23,080 Speaker 22: in herself and she was like, I think I can 992 00:47:23,160 --> 00:47:23,440 Speaker 22: win it. 993 00:47:24,960 --> 00:47:25,319 Speaker 10: She did. 994 00:47:26,200 --> 00:47:28,520 Speaker 22: She door knocked on I think every door in the 995 00:47:28,640 --> 00:47:31,600 Speaker 22: electorate and she also kept her as we know, for 996 00:47:31,680 --> 00:47:34,279 Speaker 22: the next four elections too. Des By never been what 997 00:47:34,400 --> 00:47:37,520 Speaker 22: you call a blue seat. I mean Auckland Central isn't Epson. 998 00:47:37,840 --> 00:47:42,520 Speaker 22: It's a very left leaning electorate. But so many people 999 00:47:42,640 --> 00:47:45,080 Speaker 22: there will give Labor or Greens the party vote that 1000 00:47:45,200 --> 00:47:46,200 Speaker 22: also vote for Nikky. 1001 00:47:46,560 --> 00:47:48,960 Speaker 4: It gives it gives you an insight. She's what I 1002 00:47:49,000 --> 00:47:51,600 Speaker 4: would call a very cross party sort. Everyone liked her, 1003 00:47:52,080 --> 00:47:55,759 Speaker 4: everyone respected her, and you could you know, even if 1004 00:47:55,800 --> 00:47:57,640 Speaker 4: you were in the so called wrong party, you still 1005 00:47:57,640 --> 00:47:59,360 Speaker 4: got on with her and worked with her. And that's 1006 00:47:59,360 --> 00:47:59,640 Speaker 4: who she. 1007 00:47:59,800 --> 00:48:01,399 Speaker 17: Was very much. 1008 00:48:01,600 --> 00:48:04,080 Speaker 22: And she did so much cross party work. She worked 1009 00:48:04,080 --> 00:48:06,959 Speaker 22: with Louisa Role on same sex marriage, her and Kevin 1010 00:48:07,040 --> 00:48:10,720 Speaker 22: Hagskin I think two years writing a bill to reform 1011 00:48:10,880 --> 00:48:15,720 Speaker 22: the nineteen seventy adoption laws we had, et cetera. Nicky 1012 00:48:16,480 --> 00:48:20,239 Speaker 22: was very much a national MP, but never thought that 1013 00:48:20,560 --> 00:48:23,560 Speaker 22: all goodness comes from one party, and she was always 1014 00:48:23,640 --> 00:48:27,600 Speaker 22: working across the course spectrum to try and achieve things. 1015 00:48:28,800 --> 00:48:30,680 Speaker 4: Where did she get a stoic nature from because I 1016 00:48:30,719 --> 00:48:33,680 Speaker 4: thought she handled what happened to her extremely well, extraordinarily well. 1017 00:48:36,000 --> 00:48:38,080 Speaker 22: She had a bit of a tough childhood, was that 1018 00:48:38,880 --> 00:48:44,239 Speaker 22: splits themilies, etc. And I think she grew up really tough. 1019 00:48:44,520 --> 00:48:47,919 Speaker 22: In the defining thing with Nicky we talked before about 1020 00:48:47,960 --> 00:48:53,000 Speaker 22: her ignoring advice was people underestimating her. When I actually said, look, 1021 00:48:53,000 --> 00:48:55,560 Speaker 22: I don't know if he and were not consent, she said, 1022 00:48:55,640 --> 00:48:59,120 Speaker 22: give us underestimating me like everyone else in my life. 1023 00:48:59,200 --> 00:49:01,360 Speaker 22: And she told me about long list of people, including 1024 00:49:01,440 --> 00:49:04,879 Speaker 22: her pe teacher who said you'd never be able to run. 1025 00:49:05,000 --> 00:49:07,319 Speaker 22: Now if you don't know it, Nicky did, I think 1026 00:49:07,400 --> 00:49:12,239 Speaker 22: keen marathons, the five coast to coasts. So Nicky was 1027 00:49:12,360 --> 00:49:17,279 Speaker 22: always just one of those incredibly determined people in I 1028 00:49:17,400 --> 00:49:19,640 Speaker 22: just saw a both who this morning some one seat 1029 00:49:19,800 --> 00:49:22,640 Speaker 22: of her meeting Margaret Thatcha, and it just revived to 1030 00:49:22,800 --> 00:49:26,520 Speaker 22: be there, probably two women who both went good to say. 1031 00:49:26,480 --> 00:49:26,759 Speaker 10: No to. 1032 00:49:28,640 --> 00:49:30,960 Speaker 4: Lovely thoughts. David, I appreciate it very much, David Farah. 1033 00:49:30,960 --> 00:49:32,760 Speaker 4: And if you didn't see his piece, I can't remember 1034 00:49:32,760 --> 00:49:35,520 Speaker 4: where it was, but look it up. It's a lovely 1035 00:49:35,600 --> 00:49:38,040 Speaker 4: backstory of the things they did together. The places they 1036 00:49:38,080 --> 00:49:41,319 Speaker 4: went and some beautiful stories. David Farah nineteen minutes away 1037 00:49:41,360 --> 00:49:46,080 Speaker 4: from eighth Hosky, Tom Homan, the borders are has arrived 1038 00:49:46,200 --> 00:49:47,280 Speaker 4: in Eagle Pass. 1039 00:49:47,560 --> 00:49:51,400 Speaker 24: No did Burton President Trump. President Trump's one badass president 1040 00:49:51,520 --> 00:49:54,560 Speaker 24: to securest border and level we've never seen before. Gress 1041 00:49:54,719 --> 00:49:57,359 Speaker 24: was down to a forty five year lows went down 1042 00:49:57,360 --> 00:50:02,320 Speaker 24: between eighty three unprecedent of success. Joe Bain is the 1043 00:50:02,360 --> 00:50:04,759 Speaker 24: first president in the history of this nation who came 1044 00:50:04,800 --> 00:50:09,279 Speaker 24: into office in unsecurity border on purpose. This isn't mismanagement, 1045 00:50:09,880 --> 00:50:11,480 Speaker 24: This isn't this isn't in competence. 1046 00:50:11,640 --> 00:50:12,560 Speaker 16: This is by design. 1047 00:50:13,800 --> 00:50:16,000 Speaker 24: So the first morning I walked on a smile online 1048 00:50:16,040 --> 00:50:18,920 Speaker 24: face was day after elected when President Trump won. Because 1049 00:50:18,960 --> 00:50:20,960 Speaker 24: he's gonna come back, He's going to finish his job 1050 00:50:21,000 --> 00:50:21,440 Speaker 24: he started. 1051 00:50:22,520 --> 00:50:24,839 Speaker 4: I kind of like him already in a strange kind 1052 00:50:24,920 --> 00:50:27,040 Speaker 4: I like Tom. I think Tom could be the rock star, 1053 00:50:27,400 --> 00:50:29,600 Speaker 4: either that or McMahon's wife, one or the other. I 1054 00:50:29,680 --> 00:50:33,160 Speaker 4: probably shouldn't refer to McMahon's wife as McMahon's wife, but anyway, 1055 00:50:33,280 --> 00:50:35,800 Speaker 4: Linda's a woman in her own right in the Education Secretary. 1056 00:50:35,800 --> 00:50:38,400 Speaker 4: But that's Tom Homan on the on the border. It 1057 00:50:38,520 --> 00:50:40,640 Speaker 4: is I tell you what, I've got a really cool 1058 00:50:40,719 --> 00:50:42,799 Speaker 4: update for you on the wannic McDonald's in a moment 1059 00:50:42,880 --> 00:50:45,000 Speaker 4: eighteen to two, the. 1060 00:50:45,160 --> 00:50:49,560 Speaker 1: Vike Asking Breakfast Full Show podcast on iHeartRadio powered by 1061 00:50:49,640 --> 00:50:50,440 Speaker 1: News talks at me. 1062 00:50:51,040 --> 00:50:57,560 Speaker 4: In shitification word of the Year. I'll come back to 1063 00:50:57,600 --> 00:51:00,760 Speaker 4: that in just a couple of moments. So McDonald's wanakare 1064 00:51:00,920 --> 00:51:03,120 Speaker 4: I talked about it yesterday, and this thing's going to 1065 00:51:03,200 --> 00:51:05,640 Speaker 4: go ahead because you can't just go around stopping businesses 1066 00:51:05,719 --> 00:51:08,240 Speaker 4: opening because we sort of like, especially in a beleagued 1067 00:51:08,280 --> 00:51:11,960 Speaker 4: country like this, we like businesses opening anyway. So this 1068 00:51:12,480 --> 00:51:14,239 Speaker 4: comes to us this way. So the rama, this is 1069 00:51:14,280 --> 00:51:16,600 Speaker 4: everything wrong with the rama. Calling to Eric Crampton, our 1070 00:51:16,640 --> 00:51:19,640 Speaker 4: friend at the New Zealand Initiative. So the District Council 1071 00:51:19,680 --> 00:51:22,840 Speaker 4: in Queenstown notifies the National Public Health Service, which is 1072 00:51:22,840 --> 00:51:25,320 Speaker 4: a wing of Health New Zealand of course, that McDonald's 1073 00:51:25,320 --> 00:51:28,319 Speaker 4: wants to come into the area. So they use our 1074 00:51:28,400 --> 00:51:31,160 Speaker 4: money to put together an eight page submission on what 1075 00:51:31,280 --> 00:51:39,040 Speaker 4: should happen. They strongly encourage further meaningful engagement with the community. 1076 00:51:40,239 --> 00:51:42,279 Speaker 4: Thanks very much for that. That's awesome. I don't know 1077 00:51:42,360 --> 00:51:44,280 Speaker 4: how we would have come to that conclusion all by ourselves, 1078 00:51:44,320 --> 00:51:46,800 Speaker 4: without your input and funded by the taxpayer. They also 1079 00:51:47,280 --> 00:51:51,560 Speaker 4: remind the Council of its tetidity obligations to Kaye taihu 1080 00:51:52,440 --> 00:51:57,680 Speaker 4: as man of Fanua. This is McDonald's in wanic. They're 1081 00:51:57,680 --> 00:51:59,560 Speaker 4: concerned about the impacts of the men C and the 1082 00:51:59,600 --> 00:52:04,200 Speaker 4: TE Now you're saying, what are they? And I wouldn't 1083 00:52:04,200 --> 00:52:06,239 Speaker 4: have the slightest idea, and you know I couldn't give 1084 00:52:06,280 --> 00:52:08,480 Speaker 4: a monkey's anyway. They are concerned about the impacts of 1085 00:52:08,480 --> 00:52:11,759 Speaker 4: the MNC and the TNC such as McDonald's on planetary health. 1086 00:52:12,280 --> 00:52:14,200 Speaker 4: So the fact that there's a McDonald's now opening in 1087 00:52:14,280 --> 00:52:16,040 Speaker 4: Wanaka is going to make all the difference to the 1088 00:52:16,080 --> 00:52:20,680 Speaker 4: planetary health. They recommend a comprehensive HIA once again, wouldn't 1089 00:52:20,680 --> 00:52:25,719 Speaker 4: have a clue including cultural impact assessment to analyze the 1090 00:52:25,880 --> 00:52:30,000 Speaker 4: cultural impact for the locals. We would like to see 1091 00:52:30,000 --> 00:52:33,040 Speaker 4: such an assessment demonstrating that the utcomes for the individuals 1092 00:52:33,080 --> 00:52:38,040 Speaker 4: and the community of Wanaka would mostly be positive before 1093 00:52:38,120 --> 00:52:40,840 Speaker 4: granting consent for this proposed fast food. Can you believe 1094 00:52:41,239 --> 00:52:43,839 Speaker 4: and Eric's one hundred percent right, this is what's wrong 1095 00:52:43,920 --> 00:52:46,200 Speaker 4: with the RAMA. All that all I want to do 1096 00:52:46,920 --> 00:52:50,360 Speaker 4: is open a business, employ some people, celibrate of food, 1097 00:52:50,800 --> 00:52:54,239 Speaker 4: pay some tax, probably support a few charities. But ah no, 1098 00:52:54,920 --> 00:52:58,600 Speaker 4: let's turn it into a circus and have every dickhead 1099 00:52:58,600 --> 00:53:02,040 Speaker 4: and Wellington involved in how much you reckon it cost 1100 00:53:02,080 --> 00:53:04,759 Speaker 4: to put together a submission like that. Apart from tens 1101 00:53:04,800 --> 00:53:05,840 Speaker 4: of thousands of dollars. 1102 00:53:05,760 --> 00:53:07,880 Speaker 20: You reckon they can get away with not considering the 1103 00:53:07,960 --> 00:53:11,960 Speaker 20: treaty if they promised not to do the Kiwi burger. 1104 00:53:14,360 --> 00:53:16,360 Speaker 4: Right Macquarie I gave you what was the word we 1105 00:53:16,440 --> 00:53:20,560 Speaker 4: gave demure? Wasn't it demir Some the other Macquarie Dictionary 1106 00:53:21,000 --> 00:53:24,239 Speaker 4: Their twenty twenty four word of the Year is in shitification. 1107 00:53:24,560 --> 00:53:28,080 Speaker 4: What a fantastic word. They've been doing the word of 1108 00:53:28,120 --> 00:53:31,320 Speaker 4: the year since two thousand and six. Cozy Libs was 1109 00:53:31,360 --> 00:53:35,040 Speaker 4: there one last year til they went for a couple 1110 00:53:35,080 --> 00:53:39,040 Speaker 4: of years ago, So in shitification became popular last year. 1111 00:53:39,239 --> 00:53:41,359 Speaker 4: It was used in a blog post by guy called 1112 00:53:41,440 --> 00:53:44,400 Speaker 4: Cory and he's the author of the Internet con and 1113 00:53:44,520 --> 00:53:47,279 Speaker 4: he used it to describe how digital platforms become worse 1114 00:53:47,320 --> 00:53:51,640 Speaker 4: and worse. Here is how platforms die. Firstly, they're good 1115 00:53:51,680 --> 00:53:54,359 Speaker 4: to their users. Then they abuse their users to make 1116 00:53:54,440 --> 00:53:58,080 Speaker 4: things better for their business. Customers. Finally, they abuse those 1117 00:53:58,120 --> 00:54:00,720 Speaker 4: business customers to claw back all of the vade for themselves. 1118 00:54:01,040 --> 00:54:06,320 Speaker 4: Then they die. I call this in shitification word of 1119 00:54:06,400 --> 00:54:09,759 Speaker 4: the year, sensational living away from it, my. 1120 00:54:09,880 --> 00:54:13,680 Speaker 1: Costume, Breakfast with a Vita, retirement communities, and new to 1121 00:54:14,120 --> 00:54:15,080 Speaker 1: b Why do I from my god? 1122 00:54:15,120 --> 00:54:19,080 Speaker 4: A new members bill, the Hairdressing Reducing Restrictions Amendment Bill, 1123 00:54:19,440 --> 00:54:21,760 Speaker 4: I Kid you not, has been pulled from the famed 1124 00:54:21,840 --> 00:54:24,320 Speaker 4: biscuit tin since two thousand dight. Apparently it's been illegal 1125 00:54:24,360 --> 00:54:26,480 Speaker 4: to serve drinks drinks, any drinks in a hair salon. 1126 00:54:26,520 --> 00:54:30,040 Speaker 4: Who knew National's East Coast MP Darna Kirkpatrick is behind 1127 00:54:30,080 --> 00:54:32,520 Speaker 4: this particular bill. Rodney wainboss Julie Evans as well. It's 1128 00:54:32,600 --> 00:54:36,080 Speaker 4: July morning, morning, Mike. Do you serve drinks? 1129 00:54:37,080 --> 00:54:37,360 Speaker 10: We do? 1130 00:54:37,760 --> 00:54:37,960 Speaker 16: Yeah. 1131 00:54:38,120 --> 00:54:40,440 Speaker 25: I don't send the police round though I didn't know 1132 00:54:40,480 --> 00:54:41,360 Speaker 25: we weren't supposed to. 1133 00:54:41,840 --> 00:54:44,400 Speaker 4: So so if I asked anybody in your salon or 1134 00:54:44,440 --> 00:54:47,680 Speaker 4: series of salons, is it legal or illegal to serve drinks? 1135 00:54:47,760 --> 00:54:49,680 Speaker 4: None of you would have known one way or the other. 1136 00:54:50,560 --> 00:54:53,160 Speaker 25: They wouldn't have said it's probably legal, except if it 1137 00:54:53,280 --> 00:54:55,600 Speaker 25: was alcohol and they knew there was license and laws 1138 00:54:55,640 --> 00:54:57,760 Speaker 25: there so we don't serve alcohol. 1139 00:54:57,480 --> 00:54:59,440 Speaker 4: So you had never served alcohol, because I know a 1140 00:54:59,520 --> 00:55:02,479 Speaker 4: place that as did serve alcohol. Is it like highly 1141 00:55:02,520 --> 00:55:04,759 Speaker 4: illegal as opposed to just being moderately illegal if you 1142 00:55:04,840 --> 00:55:06,680 Speaker 4: serve tea, I. 1143 00:55:06,719 --> 00:55:09,799 Speaker 25: Think it's probably moderately And it depends how much you save, 1144 00:55:09,920 --> 00:55:13,280 Speaker 25: I suppose, and on what occasion. Maybe glass of bubbles 1145 00:55:13,320 --> 00:55:14,080 Speaker 25: at the Christmas time. 1146 00:55:14,280 --> 00:55:16,160 Speaker 4: So when I when I sit down and with my 1147 00:55:16,239 --> 00:55:18,040 Speaker 4: haircut and I just asked for a bottle, open up 1148 00:55:18,040 --> 00:55:19,680 Speaker 4: the bottle. That's probably a bit existive, you. 1149 00:55:19,719 --> 00:55:24,080 Speaker 25: Think, possibly what do you say? 1150 00:55:24,360 --> 00:55:24,839 Speaker 8: Time of day? 1151 00:55:25,120 --> 00:55:25,279 Speaker 16: Is my? 1152 00:55:25,560 --> 00:55:25,719 Speaker 17: Well? 1153 00:55:26,320 --> 00:55:27,360 Speaker 4: Does it honestly? 1154 00:55:27,560 --> 00:55:29,239 Speaker 10: Really? So? 1155 00:55:29,360 --> 00:55:30,480 Speaker 4: What do you do tea and coffee? 1156 00:55:31,280 --> 00:55:33,800 Speaker 25: We do tearing coffee, We do different flavored teas. What 1157 00:55:34,000 --> 00:55:37,960 Speaker 25: interesting which I'm really surprised by, is we get visits 1158 00:55:38,000 --> 00:55:42,239 Speaker 25: from the council before the issue certificate and we have 1159 00:55:42,360 --> 00:55:44,160 Speaker 25: to have dish washes and things to be able to 1160 00:55:44,320 --> 00:55:47,320 Speaker 25: wash dishes and cups and sauces to a certain standard. 1161 00:55:47,440 --> 00:55:49,880 Speaker 25: So I'm just not sure why it was never brought 1162 00:55:49,880 --> 00:55:54,080 Speaker 25: to our attention then and then following following COVID after lockdown, 1163 00:55:54,520 --> 00:55:56,839 Speaker 25: we were recommended not to save tea and coffee when 1164 00:55:56,840 --> 00:56:01,279 Speaker 25: the salons reopened because of contemnation and things. And again 1165 00:56:01,320 --> 00:56:03,080 Speaker 25: we were never told we shouldn't have been saving what 1166 00:56:03,120 --> 00:56:04,120 Speaker 25: we shouldn't have been saved. 1167 00:56:04,400 --> 00:56:06,040 Speaker 4: So do you think the people who were giving you 1168 00:56:06,120 --> 00:56:07,719 Speaker 4: the advice didn't know it was a legal either? 1169 00:56:08,560 --> 00:56:11,880 Speaker 25: Absolutely, Even the Hair and Barber Association of New Zealand 1170 00:56:11,960 --> 00:56:16,400 Speaker 25: they recommend us both saving ties and coffees directly after COVID. 1171 00:56:16,560 --> 00:56:19,560 Speaker 25: So it was never, ever, ever, as far as I'm concerned, 1172 00:56:19,640 --> 00:56:22,319 Speaker 25: brought to our attention that it was illegal to save 1173 00:56:22,400 --> 00:56:22,880 Speaker 25: hot drinks. 1174 00:56:23,200 --> 00:56:27,080 Speaker 4: So it's the heat. So to get the legality of 1175 00:56:27,200 --> 00:56:29,600 Speaker 4: it is the is the concern around heat? Is that right? 1176 00:56:30,640 --> 00:56:33,640 Speaker 25: No idea. I suppose it's if walking across with hot 1177 00:56:33,719 --> 00:56:37,600 Speaker 25: drinks and or here going into the cups, perhaps maybe 1178 00:56:37,640 --> 00:56:39,880 Speaker 25: to health and the safety thing. But all I know 1179 00:56:40,040 --> 00:56:42,480 Speaker 25: is the clients love a hot drink when they're having 1180 00:56:42,520 --> 00:56:44,440 Speaker 25: their heads on, especially if they're having a big service 1181 00:56:44,520 --> 00:56:47,160 Speaker 25: like a color service, part of the client journey. 1182 00:56:47,400 --> 00:56:50,000 Speaker 4: Exactly whenever I get my hair called and there for hours, 1183 00:56:50,280 --> 00:56:55,520 Speaker 4: what do you sue? Do you serve still unsparkling and 1184 00:56:55,680 --> 00:56:58,279 Speaker 4: some salons yet and do you put a limon in 1185 00:56:58,440 --> 00:56:58,799 Speaker 4: the water? 1186 00:57:00,160 --> 00:57:02,120 Speaker 22: Believe sometimes a sprig of mint. 1187 00:57:02,719 --> 00:57:04,719 Speaker 4: There you go, good on your dueling, nice and nice 1188 00:57:04,760 --> 00:57:06,799 Speaker 4: to talk to you. She's lovely, isn't she? Julie Evans, 1189 00:57:06,840 --> 00:57:09,120 Speaker 4: who's the Rodney Wayne CEO. The reason I asked about 1190 00:57:09,120 --> 00:57:10,920 Speaker 4: the water is that where I go, they do the 1191 00:57:11,080 --> 00:57:13,800 Speaker 4: water sparkling or straight, and they always serve it with 1192 00:57:13,880 --> 00:57:16,560 Speaker 4: a slice of lemon. Up until recently, and I stand 1193 00:57:16,600 --> 00:57:18,320 Speaker 4: to be corrected, they used to hand out a menu 1194 00:57:18,560 --> 00:57:20,880 Speaker 4: and there were drinks, alcoholic drinks on that menu, and 1195 00:57:20,920 --> 00:57:22,600 Speaker 4: I'm assuming somebody woke up to the fact that that 1196 00:57:22,680 --> 00:57:24,840 Speaker 4: was probably not really kosher. I don't know that that 1197 00:57:24,960 --> 00:57:26,680 Speaker 4: still exists, but they do tea and coffee. That've done 1198 00:57:26,680 --> 00:57:27,479 Speaker 4: tea and coffee forever. 1199 00:57:28,880 --> 00:57:31,360 Speaker 20: I think, really there's an opportunity to sort of set 1200 00:57:31,440 --> 00:57:34,320 Speaker 20: up a chain of speakeasy sellons, isn't there? 1201 00:57:34,560 --> 00:57:38,160 Speaker 26: I reckon go you really go underground with it. 1202 00:57:38,560 --> 00:57:40,920 Speaker 4: Very good done. All the people who texted me saying 1203 00:57:40,960 --> 00:57:43,640 Speaker 4: you shouldn't be putting your money into housing and you 1204 00:57:43,640 --> 00:57:45,760 Speaker 4: should be putting it into funds. Let me tell you 1205 00:57:45,880 --> 00:57:48,560 Speaker 4: that auctions are back. This from one roof, just to 1206 00:57:48,720 --> 00:57:51,320 Speaker 4: really rack you up this morning. Auctions back. The clearance 1207 00:57:51,400 --> 00:57:54,400 Speaker 4: rates are back to normal. Christ Jute expecting a busy Christmas. 1208 00:57:54,720 --> 00:57:58,560 Speaker 4: Clearance rates are strong over eighty percent Wellington. See Wellington, 1209 00:57:58,600 --> 00:58:00,200 Speaker 4: you do the tender? Why you do a ten? And 1210 00:58:00,240 --> 00:58:02,560 Speaker 4: Wellington tenders the worst way to sell a house. It's 1211 00:58:02,600 --> 00:58:04,680 Speaker 4: the stupidest thing in the world, putting a price in 1212 00:58:04,760 --> 00:58:07,560 Speaker 4: an envelope. It's not eighteen sixty three. Oh what do 1213 00:58:07,640 --> 00:58:09,440 Speaker 4: you think That envelope says, Oh, I don't know. I'll 1214 00:58:09,440 --> 00:58:11,400 Speaker 4: bet I'll do something more just in case I lose. 1215 00:58:11,680 --> 00:58:14,960 Speaker 4: That's a silly way of selling your house. Anyway, they 1216 00:58:15,000 --> 00:58:16,880 Speaker 4: favor the tender. But the auctions are back in Wellington. 1217 00:58:16,880 --> 00:58:18,800 Speaker 4: I'm reading in one roof, so things tend to be 1218 00:58:18,840 --> 00:58:21,040 Speaker 4: going well. Even in Wellington. They're clearing seventy one percent 1219 00:58:21,080 --> 00:58:22,520 Speaker 4: of auctions at the moment. So what I'm telling you. 1220 00:58:22,640 --> 00:58:25,880 Speaker 4: In Auckland, Wellington, christ Church, the auctioneers seemed to be thinking, 1221 00:58:25,920 --> 00:58:28,240 Speaker 4: as we're heading into the summer period that we've got 1222 00:58:28,280 --> 00:58:30,360 Speaker 4: a little bit of life coming back. So that's encouraging. 1223 00:58:30,600 --> 00:58:32,880 Speaker 4: Then I come to Winston Peters. I probably won't raise 1224 00:58:32,920 --> 00:58:34,480 Speaker 4: it with Mark and Jenny because we've got some other 1225 00:58:34,520 --> 00:58:36,600 Speaker 4: stuff to do, but there's a beautiful piece. I am 1226 00:58:36,720 --> 00:58:39,320 Speaker 4: more in love with Winston Peters every day. And I've 1227 00:58:39,360 --> 00:58:43,040 Speaker 4: said that before, but he's he's been in Europe, he 1228 00:58:43,320 --> 00:58:46,200 Speaker 4: has been to Guess how many countries by the end 1229 00:58:46,240 --> 00:58:48,680 Speaker 4: of this week. Guess how many countries in the one 1230 00:58:48,800 --> 00:58:51,560 Speaker 4: year of being foreign minister. Guess how many countries he's 1231 00:58:51,600 --> 00:58:58,240 Speaker 4: been to? Thirty eight? Come on. Six of those countries 1232 00:58:58,280 --> 00:59:01,800 Speaker 4: he's visited twice. The Indonesia he has been three times. 1233 00:59:02,880 --> 00:59:06,000 Speaker 4: Eleven major international forums he's been to, you know, the 1234 00:59:06,120 --> 00:59:09,000 Speaker 4: un assemblies, he's visited of fifteen of the seventeen Pacific 1235 00:59:09,080 --> 00:59:10,800 Speaker 4: Island Forum member countries. The only got to go to 1236 00:59:10,880 --> 00:59:13,440 Speaker 4: Kirabas and New Caledonia, but he's been to all of 1237 00:59:13,480 --> 00:59:17,800 Speaker 4: the rest of them. He no one has traveled more 1238 00:59:17,880 --> 00:59:20,480 Speaker 4: than he has. And as I quoted, I think it 1239 00:59:20,520 --> 00:59:22,880 Speaker 4: was Amori Brady the other day from the university. She 1240 00:59:23,000 --> 00:59:26,240 Speaker 4: says he's got a worldview, and so few foreign ministers 1241 00:59:26,320 --> 00:59:27,960 Speaker 4: in this part of the world have had a worldview, 1242 00:59:28,520 --> 00:59:32,040 Speaker 4: and he has walked the walk. When it comes back 1243 00:59:32,080 --> 00:59:36,480 Speaker 4: to re engaging with the world, ask yourself, how many 1244 00:59:36,560 --> 00:59:39,480 Speaker 4: countries did Nanayama who to go to? And I'll tell 1245 00:59:39,520 --> 00:59:43,320 Speaker 4: you this for nothing. It wasn't thirty eight news for 1246 00:59:43,400 --> 00:59:44,680 Speaker 4: you in a couple of moments, and then we'll do 1247 00:59:44,760 --> 00:59:47,200 Speaker 4: politics Wednesday, Big. 1248 00:59:47,160 --> 00:59:52,200 Speaker 1: News, bold opinions, the Mike Hosking Breakfast with the range 1249 00:59:52,280 --> 00:59:57,200 Speaker 1: Rover villa designed to intrigue and use togs'd be I, says. 1250 00:59:58,600 --> 01:00:01,480 Speaker 4: Disl You're getting quite a bit of heat from the 1251 01:00:01,520 --> 01:00:06,160 Speaker 4: real estate community on my comments about teams do the dues. 1252 01:00:07,400 --> 01:00:09,200 Speaker 4: We'll come back to that if I have time. The 1253 01:00:09,320 --> 01:00:12,920 Speaker 4: Coward Brothers are a moderately interesting concept. They started in 1254 01:00:13,080 --> 01:00:16,360 Speaker 4: nineteen eighty four. It's Elvis Costello and t Bone, Vernette 1255 01:00:17,840 --> 01:00:21,800 Speaker 4: Costello and Burnette, and then they called themselves the Coward Brothers, 1256 01:00:22,040 --> 01:00:24,560 Speaker 4: and then by nineteen eighty five they had a single, 1257 01:00:25,400 --> 01:00:27,760 Speaker 4: and then they started making up a backstory about who 1258 01:00:27,840 --> 01:00:30,200 Speaker 4: they were. Even though you knew who they were, wasn't 1259 01:00:30,200 --> 01:00:32,760 Speaker 4: really who they were, and so they were claiming they 1260 01:00:32,800 --> 01:00:36,000 Speaker 4: wrote a huge number of classic country in blues songs 1261 01:00:36,760 --> 01:00:39,360 Speaker 4: that are traditionally credited to other people, none of which 1262 01:00:39,440 --> 01:00:43,400 Speaker 4: is true. Anyway. After what appears to be a hibernation 1263 01:00:43,520 --> 01:00:46,000 Speaker 4: of some years, they've come out now with the Coward 1264 01:00:46,040 --> 01:00:49,640 Speaker 4: Brothers as that's them, plus that's the name of the albums, 1265 01:00:50,280 --> 01:00:53,120 Speaker 4: and there's quite a lot of cracks there's twenty of them. 1266 01:00:53,200 --> 01:00:58,680 Speaker 17: Serve them yastra. 1267 01:00:58,360 --> 01:01:04,720 Speaker 4: Like licorice. That's not this one. It sounds like your course. Anyway, 1268 01:01:04,760 --> 01:01:07,360 Speaker 4: there's twenty tracks in this fifty five minutes worth. There's music. 1269 01:01:07,440 --> 01:01:10,200 Speaker 4: So that's something that thinks about for Christmas. Mark Mitchell's 1270 01:01:10,200 --> 01:01:13,480 Speaker 4: well us. Jenny Anderson, good morning, good morning, good morning, Hey. 1271 01:01:13,360 --> 01:01:15,560 Speaker 10: Good morning morning, Jimmy, good morning to you. 1272 01:01:15,680 --> 01:01:15,880 Speaker 8: Bath. 1273 01:01:16,200 --> 01:01:17,160 Speaker 4: You've you first. 1274 01:01:17,240 --> 01:01:17,400 Speaker 10: Mark. 1275 01:01:17,520 --> 01:01:19,120 Speaker 4: Nikki Kaye thoughts. 1276 01:01:20,560 --> 01:01:23,840 Speaker 10: A force of nature. You know. I think we're all 1277 01:01:23,880 --> 01:01:28,280 Speaker 10: devastated to hear of losing her. But I sort of 1278 01:01:28,320 --> 01:01:29,680 Speaker 10: went back and reflected last night. 1279 01:01:30,040 --> 01:01:32,760 Speaker 27: When she was diagnosed with breast cancer in twenty sixteen, 1280 01:01:33,400 --> 01:01:35,520 Speaker 27: I started texting her every morning, just sending her a 1281 01:01:35,600 --> 01:01:39,120 Speaker 27: message of support, and we did that right through her treatment. 1282 01:01:40,200 --> 01:01:41,640 Speaker 27: So I went back and had a look at those 1283 01:01:41,680 --> 01:01:44,960 Speaker 27: texts and reflected on that she's just a special lady. 1284 01:01:45,000 --> 01:01:47,640 Speaker 27: I mean, we also lost someone called Ellen Towe's very 1285 01:01:47,680 --> 01:01:49,920 Speaker 27: special to us in the National Party. He was a 1286 01:01:50,000 --> 01:01:52,520 Speaker 27: leader in the party, wasn't a he wasn't an MP. 1287 01:01:53,320 --> 01:01:55,280 Speaker 27: She was very very close to Ellen, and we lost 1288 01:01:55,360 --> 01:01:57,320 Speaker 27: Ellen in twenty nineteen. So I sort of think of 1289 01:01:57,840 --> 01:02:01,000 Speaker 27: them together now looking down and critiquing us, uh, you know, 1290 01:02:01,680 --> 01:02:04,080 Speaker 27: and in making sure that we're doing the right thing. 1291 01:02:04,160 --> 01:02:06,360 Speaker 27: But she was just mat she was just a She 1292 01:02:06,480 --> 01:02:09,480 Speaker 27: was an amazing lady. I remember during her treatment, I 1293 01:02:09,560 --> 01:02:11,920 Speaker 27: was on I was heading up to India with JK 1294 01:02:12,600 --> 01:02:14,840 Speaker 27: on a trade mission up there, and I was cheering 1295 01:02:14,920 --> 01:02:16,960 Speaker 27: the Foreign Afairs, Defense and Trade SEP committy at the 1296 01:02:16,960 --> 01:02:18,960 Speaker 27: time and would have liked to have become a minister. 1297 01:02:19,600 --> 01:02:21,360 Speaker 27: And she was in the midst of her battle and 1298 01:02:21,480 --> 01:02:24,040 Speaker 27: she was sending me a full strategy on what I 1299 01:02:24,120 --> 01:02:27,000 Speaker 27: needed to do to become a Minister of Press JK 1300 01:02:27,800 --> 01:02:30,920 Speaker 27: and go to Camden so and and the other thing. 1301 01:02:31,040 --> 01:02:34,120 Speaker 27: Just very quickly, David Farrish had a story about you 1302 01:02:34,160 --> 01:02:36,200 Speaker 27: know her in our quarterly meetings with the mayor. They 1303 01:02:36,240 --> 01:02:38,120 Speaker 27: were so funny. We'd all turn up there, all the 1304 01:02:38,160 --> 01:02:40,760 Speaker 27: international Peace would turn up. Nicky would be there and 1305 01:02:40,840 --> 01:02:42,880 Speaker 27: we quickly worked out that it was we were there 1306 01:02:42,920 --> 01:02:46,560 Speaker 27: to support her while she brought her long list laundry 1307 01:02:46,600 --> 01:02:49,280 Speaker 27: list of issues for the for the mayor. She was 1308 01:02:49,360 --> 01:02:51,640 Speaker 27: just and and just the last thing, Mike, I mean, 1309 01:02:51,960 --> 01:02:54,320 Speaker 27: we all talk about it, but she won that seed 1310 01:02:54,360 --> 01:02:58,120 Speaker 27: of Auckland Central just through sheer hard work and guts 1311 01:02:58,280 --> 01:03:00,200 Speaker 27: and that's exactly what she was all about out and 1312 01:03:00,240 --> 01:03:02,240 Speaker 27: let's se how she lived her life well, said Jenny. 1313 01:03:03,560 --> 01:03:07,200 Speaker 8: I just her energy. Amazing to see a young woman 1314 01:03:07,400 --> 01:03:11,040 Speaker 8: who was so passionate and driven and she made you laugh. 1315 01:03:11,680 --> 01:03:14,200 Speaker 8: She had the ability and select committee just to cut 1316 01:03:14,240 --> 01:03:17,160 Speaker 8: to the point and crack a joke. I'm not afraid 1317 01:03:17,200 --> 01:03:19,400 Speaker 8: to laugh at herself, and I think that's always a 1318 01:03:19,440 --> 01:03:22,920 Speaker 8: strong asset to have as a politician. But the one 1319 01:03:22,960 --> 01:03:26,200 Speaker 8: thing I'll always be so thankful for is the stance 1320 01:03:26,280 --> 01:03:29,320 Speaker 8: she took on Great Barrier Island. I spent part of 1321 01:03:29,360 --> 01:03:31,720 Speaker 8: my childhood there and it's a place close to my heart. 1322 01:03:32,120 --> 01:03:35,120 Speaker 8: So the fact she stood up against mining and really 1323 01:03:35,200 --> 01:03:37,360 Speaker 8: took a strong stance, even though it was against her 1324 01:03:37,360 --> 01:03:40,800 Speaker 8: own party, I've got huge admiration for the strength encouraged 1325 01:03:40,800 --> 01:03:41,160 Speaker 8: that took. 1326 01:03:41,840 --> 01:03:45,880 Speaker 10: Speaking well just on that, Genny just reminded me of 1327 01:03:45,920 --> 01:03:46,880 Speaker 10: something just really quickly. 1328 01:03:47,360 --> 01:03:50,080 Speaker 27: Years ago, there was a protest march for in dog 1329 01:03:50,160 --> 01:03:54,720 Speaker 27: owners came up because they're using beagles to test pharmaceuticals 1330 01:03:54,760 --> 01:03:57,400 Speaker 27: and rake up and things like that, and they decided 1331 01:03:57,440 --> 01:03:59,240 Speaker 27: that the march was going to be through my electric 1332 01:03:59,320 --> 01:04:02,840 Speaker 27: to my Electricate office, and I remember feeling really strongly 1333 01:04:02,840 --> 01:04:05,400 Speaker 27: about that. I'm a dog lover, and so I decided 1334 01:04:05,400 --> 01:04:07,439 Speaker 27: to join the march and I rung Nicky and I said, 1335 01:04:07,840 --> 01:04:09,560 Speaker 27: what do you think because it's kind of going against, 1336 01:04:09,600 --> 01:04:13,240 Speaker 27: you know, our position, and she goes, just go for it. 1337 01:04:13,360 --> 01:04:14,920 Speaker 10: So I joined the march. We all got to my 1338 01:04:15,040 --> 01:04:15,400 Speaker 10: office and. 1339 01:04:15,440 --> 01:04:17,360 Speaker 27: Everyone had the loud speaker and they're calling out the 1340 01:04:17,440 --> 01:04:19,400 Speaker 27: same Martin which will come out and speak to us, 1341 01:04:19,400 --> 01:04:20,520 Speaker 27: and said, hey, I'm back here. 1342 01:04:21,520 --> 01:04:24,479 Speaker 10: I was back at the march with my blent lad. 1343 01:04:25,280 --> 01:04:25,480 Speaker 16: You know. 1344 01:04:26,360 --> 01:04:27,880 Speaker 10: They were Okay, what do we do? What do we 1345 01:04:27,960 --> 01:04:30,280 Speaker 10: do now? So yeah, but that was that was Nicky, 1346 01:04:30,440 --> 01:04:31,000 Speaker 10: That was Niki. 1347 01:04:31,120 --> 01:04:33,920 Speaker 4: Yeah, awesome story. Now Ginny do you and it's just 1348 01:04:34,120 --> 01:04:37,080 Speaker 4: people getting on with each other. There's very good piece 1349 01:04:37,120 --> 01:04:41,760 Speaker 4: in the paper yesterday that explains this four year term thing. 1350 01:04:42,440 --> 01:04:44,680 Speaker 4: And I'm not sure people understand the four year term. 1351 01:04:44,720 --> 01:04:46,920 Speaker 4: You've got two things coming up, right. You've got Winston 1352 01:04:46,960 --> 01:04:48,840 Speaker 4: Peter's vote on whether we want a four year term 1353 01:04:48,920 --> 01:04:51,800 Speaker 4: or not. But you've got Seymour's idea, which from my 1354 01:04:52,000 --> 01:04:55,160 Speaker 4: reading seems to switch to the power a bit, if 1355 01:04:55,240 --> 01:04:59,360 Speaker 4: not a lot, around the Select Committee process and Opposition 1356 01:04:59,560 --> 01:05:03,440 Speaker 4: MP's having more say and more input. One do you 1357 01:05:03,640 --> 01:05:06,280 Speaker 4: understand that? And two is it a good idea? 1358 01:05:07,680 --> 01:05:07,840 Speaker 10: Yes? 1359 01:05:07,880 --> 01:05:10,240 Speaker 8: I read that article last night, so I do understand it. 1360 01:05:11,160 --> 01:05:14,480 Speaker 8: I'm skeptical. I think it could be used for bad purposes, 1361 01:05:14,640 --> 01:05:17,240 Speaker 8: just to hold things up, and you get situations in 1362 01:05:17,320 --> 01:05:20,960 Speaker 8: other countries we get a gridlock where as the government's 1363 01:05:20,960 --> 01:05:22,720 Speaker 8: got power on one level but not on the other, 1364 01:05:23,000 --> 01:05:25,960 Speaker 8: and it can be a check of power, can work 1365 01:05:26,000 --> 01:05:28,480 Speaker 8: in a positive way. But my view is that our 1366 01:05:28,560 --> 01:05:31,600 Speaker 8: select committees actually work pretty good right now. And I'm 1367 01:05:31,640 --> 01:05:34,520 Speaker 8: saying that as an opposition member. So we tend to 1368 01:05:34,640 --> 01:05:37,600 Speaker 8: collaborate and work together to make a bill as workable 1369 01:05:37,640 --> 01:05:41,520 Speaker 8: as possible under the current settings. So my concern would 1370 01:05:41,520 --> 01:05:45,080 Speaker 8: be if you flip that around and enabled opposition MPs 1371 01:05:45,200 --> 01:05:49,000 Speaker 8: like me to have an oversight and how a bill 1372 01:05:49,040 --> 01:05:52,920 Speaker 8: would be reported back to the House, that could be 1373 01:05:53,440 --> 01:05:56,720 Speaker 8: that could be problematic, I think, and I'm thinking of 1374 01:05:56,800 --> 01:05:59,800 Speaker 8: it as government and as opposition that we're at we 1375 01:06:00,120 --> 01:06:02,800 Speaker 8: actually worked to either pretty good now and so I 1376 01:06:02,800 --> 01:06:04,880 Speaker 8: wouldn't want to fix something that's not I don't think 1377 01:06:04,880 --> 01:06:05,280 Speaker 8: it's broken. 1378 01:06:05,320 --> 01:06:06,880 Speaker 4: Okay, let me get your view in a moment, Mark, 1379 01:06:06,920 --> 01:06:08,880 Speaker 4: Mark Mitchell, Ginny Anderson thirteen past. 1380 01:06:09,360 --> 01:06:13,840 Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio, Power 1381 01:06:13,960 --> 01:06:15,480 Speaker 1: By News TALKSB. 1382 01:06:15,280 --> 01:06:18,360 Speaker 4: News TALKSB sixteen past eight Politics Wednesday, Jimmy Anderson, Mark 1383 01:06:18,440 --> 01:06:21,000 Speaker 4: Mitchell Mark your view on on four year terms in 1384 01:06:21,040 --> 01:06:22,080 Speaker 4: Seymour's idea. 1385 01:06:23,560 --> 01:06:25,360 Speaker 10: Well, look, I'm not going to form a few and 1386 01:06:25,400 --> 01:06:26,520 Speaker 10: it's going to go through a process. 1387 01:06:26,600 --> 01:06:29,320 Speaker 27: But the one thing I do agree with with Jinny 1388 01:06:29,400 --> 01:06:32,040 Speaker 27: on is that I think that the Select Committee process 1389 01:06:32,280 --> 01:06:33,080 Speaker 27: is really robust. 1390 01:06:33,200 --> 01:06:34,440 Speaker 10: It's an independent committee. 1391 01:06:35,000 --> 01:06:36,720 Speaker 27: It's a great way for the public to interact, to 1392 01:06:36,760 --> 01:06:39,680 Speaker 27: make submissions, it's all reported, it's all public, and it's 1393 01:06:39,680 --> 01:06:40,920 Speaker 27: a great check and balance for us. 1394 01:06:41,280 --> 01:06:43,800 Speaker 4: Are you whipped too much? In general? I'm just thinking 1395 01:06:43,840 --> 01:06:45,800 Speaker 4: about your march and think things. I mean, you look 1396 01:06:45,800 --> 01:06:49,200 Speaker 4: at places like America, to a lesser extent, Australia where 1397 01:06:49,800 --> 01:06:52,040 Speaker 4: just because you're national, you don't have to be national national, 1398 01:06:52,200 --> 01:06:52,760 Speaker 4: you know what I mean. 1399 01:06:53,920 --> 01:06:57,080 Speaker 27: I think, Look, collective responsibility is very very important, that 1400 01:06:57,240 --> 01:06:59,600 Speaker 27: discipline is important. People want to get a sense that 1401 01:06:59,680 --> 01:07:02,439 Speaker 27: the part these are united and they're very clear eyed 1402 01:07:02,480 --> 01:07:04,200 Speaker 27: around what they're trying to achieve and what they're trying 1403 01:07:04,200 --> 01:07:06,440 Speaker 27: to do. But I think there are times Also when 1404 01:07:06,480 --> 01:07:08,240 Speaker 27: you go to the party when you feel very strongly 1405 01:07:08,240 --> 01:07:10,840 Speaker 27: about something and say, can I take a different position 1406 01:07:10,920 --> 01:07:12,480 Speaker 27: on this? And I know that the National Party is 1407 01:07:12,480 --> 01:07:14,560 Speaker 27: always very open to that. But it's got to be 1408 01:07:14,560 --> 01:07:16,440 Speaker 27: a discussion. It's got to be discussion with everyone. 1409 01:07:16,600 --> 01:07:19,240 Speaker 4: Yeah, it's part of the it's part of the coalition deal. 1410 01:07:20,160 --> 01:07:22,480 Speaker 4: Do you think that what Seymour wants to do is 1411 01:07:22,560 --> 01:07:26,480 Speaker 4: going to be contentious or not? What do you only care? 1412 01:07:28,480 --> 01:07:30,160 Speaker 10: Look, that's something for the boss to work out. 1413 01:07:30,680 --> 01:07:35,520 Speaker 8: You know, yes, said you're going to be whipped. 1414 01:07:36,080 --> 01:07:38,360 Speaker 4: Yeah, exactly, you're whipped into submission. 1415 01:07:38,480 --> 01:07:38,720 Speaker 13: Mark. 1416 01:07:39,680 --> 01:07:41,680 Speaker 4: Do you do you think it's contentious, Ginny? 1417 01:07:42,880 --> 01:07:46,120 Speaker 8: I think it is contentious because it's completely overturning what's 1418 01:07:46,160 --> 01:07:48,520 Speaker 8: been quite a long history of how Select Committee's work. 1419 01:07:49,160 --> 01:07:51,400 Speaker 8: And I think ourthelet committees are pretty awesome. We have 1420 01:07:51,520 --> 01:07:53,920 Speaker 8: great staff at work on them and it's a very 1421 01:07:54,080 --> 01:07:57,200 Speaker 8: open process, as marxis, the public can come in. 1422 01:07:58,280 --> 01:08:00,840 Speaker 4: But just to argue the case, it's a jack up. 1423 01:08:01,040 --> 01:08:03,040 Speaker 4: I mean, the government of the day has the power 1424 01:08:03,160 --> 01:08:05,080 Speaker 4: and if you're against something, you'll be heard to be 1425 01:08:05,160 --> 01:08:07,280 Speaker 4: against something, and whatever the government tries to do, they're 1426 01:08:07,320 --> 01:08:08,720 Speaker 4: going to do well. 1427 01:08:08,880 --> 01:08:10,880 Speaker 8: You know, I would have liked Mark to have come 1428 01:08:10,960 --> 01:08:13,760 Speaker 8: to scrutiny Week next week, but our committee didn't even 1429 01:08:13,800 --> 01:08:16,840 Speaker 8: get to that was yeah, that's next week. 1430 01:08:16,920 --> 01:08:19,519 Speaker 4: Yeah, fantastic, because what wasn't the last year was first 1431 01:08:19,600 --> 01:08:21,000 Speaker 4: year was first scrutiny week. 1432 01:08:21,120 --> 01:08:23,760 Speaker 27: It's it's nice to hear that. I'm surprised to hear that, Genny, 1433 01:08:23,880 --> 01:08:26,400 Speaker 27: Jenny wants to see me that that was. 1434 01:08:27,880 --> 01:08:29,320 Speaker 8: So we didn't even get to invite them. 1435 01:08:30,000 --> 01:08:32,679 Speaker 4: No, because you all agreed, you both agreed that scrutiny 1436 01:08:32,760 --> 01:08:34,439 Speaker 4: Week last year was a was a smash. 1437 01:08:34,520 --> 01:08:36,760 Speaker 8: It didn't you, Well, we do it twice, so you 1438 01:08:36,880 --> 01:08:38,600 Speaker 8: do the budget and now you do that and you 1439 01:08:39,040 --> 01:08:39,800 Speaker 8: you got twice a year. 1440 01:08:39,920 --> 01:08:43,320 Speaker 4: So two weeks, oh, well, was it too late to invite? 1441 01:08:43,439 --> 01:08:44,000 Speaker 4: Now invited? 1442 01:08:44,080 --> 01:08:44,160 Speaker 10: Now? 1443 01:08:44,240 --> 01:08:46,120 Speaker 4: Ginny say, come on mate, come along Mark. 1444 01:08:45,960 --> 01:08:47,240 Speaker 8: Would you like to come along to scrutiny We. 1445 01:08:48,800 --> 01:08:51,439 Speaker 27: Well, I will be at Scrutiny Week next week, but 1446 01:08:51,880 --> 01:08:53,879 Speaker 27: I'm not going to overhaul the decision of the committee. 1447 01:08:53,960 --> 01:08:55,040 Speaker 10: That was the decision of the committy. 1448 01:08:55,320 --> 01:09:00,720 Speaker 8: Okay, so we can't even byecause we don't. 1449 01:09:00,960 --> 01:09:03,880 Speaker 4: We'll see that you're arguing against yourself, Jenny, because the 1450 01:09:04,000 --> 01:09:07,400 Speaker 4: national the national majority is of course exactly what Seymo's 1451 01:09:07,400 --> 01:09:08,040 Speaker 4: trying to change. 1452 01:09:08,920 --> 01:09:10,920 Speaker 8: Yeah, so maybe we would have more scrutiny. Maybe there 1453 01:09:10,960 --> 01:09:13,200 Speaker 8: is some. I just think that the problem you've got 1454 01:09:13,280 --> 01:09:16,639 Speaker 8: is you'll get more politics are played already, but I'm 1455 01:09:16,640 --> 01:09:19,880 Speaker 8: more thinking of legislation and how it's scrutinized as opposed 1456 01:09:19,880 --> 01:09:21,800 Speaker 8: to just scrutiny. Week but you're talking about a bell 1457 01:09:21,880 --> 01:09:23,120 Speaker 8: and how it's returned to the House. 1458 01:09:23,720 --> 01:09:25,360 Speaker 27: The one thing that I can say which is great 1459 01:09:25,479 --> 01:09:29,800 Speaker 27: is that our democracy in New Zealand. Ministers probably have 1460 01:09:29,920 --> 01:09:32,320 Speaker 27: the highest level of scrutiny just spit anywhere in the world, 1461 01:09:32,360 --> 01:09:33,360 Speaker 27: and I think that's the right thing. 1462 01:09:33,640 --> 01:09:36,519 Speaker 4: It's yeah, I think that's fair. C GT this weekend. 1463 01:09:36,520 --> 01:09:39,840 Speaker 4: First of all, Jenny, where's the conference being held? Christ 1464 01:09:39,960 --> 01:09:42,960 Speaker 4: yet and whereabouts? Nice place, good food? What's going on there? 1465 01:09:43,640 --> 01:09:45,760 Speaker 8: I think it's just an overtail. It's just in the 1466 01:09:46,000 --> 01:09:46,559 Speaker 8: central setting. 1467 01:09:46,960 --> 01:09:48,680 Speaker 4: The right of an overtail, lahbortail is very nice and 1468 01:09:48,760 --> 01:09:50,840 Speaker 4: of course it's walking to everything. Are you going to 1469 01:09:50,880 --> 01:09:52,599 Speaker 4: vote for the CGT to move forward? 1470 01:09:52,680 --> 01:09:55,320 Speaker 8: As they say, I'm not telling you how I'm photing. 1471 01:10:00,479 --> 01:10:01,280 Speaker 10: I love it. 1472 01:10:01,920 --> 01:10:03,519 Speaker 26: How I think it's what. 1473 01:10:03,720 --> 01:10:06,000 Speaker 8: I think there's a good discussion that's been taking place 1474 01:10:06,040 --> 01:10:09,320 Speaker 8: over the past year, and we'll have a good threshout 1475 01:10:09,360 --> 01:10:11,800 Speaker 8: on the conference floor to make sure that we've got 1476 01:10:11,880 --> 01:10:12,839 Speaker 8: some good decisions. 1477 01:10:12,920 --> 01:10:15,320 Speaker 4: What's your vibe about how the vote will go? Will 1478 01:10:15,360 --> 01:10:17,040 Speaker 4: it go forward as an idea to be taken to 1479 01:10:17,120 --> 01:10:18,240 Speaker 4: the election? You think or not? 1480 01:10:19,240 --> 01:10:21,360 Speaker 8: I think there's some robut views on both sides, and 1481 01:10:21,520 --> 01:10:24,400 Speaker 8: I think I'm quite I think. But the thing that's 1482 01:10:24,479 --> 01:10:27,719 Speaker 8: interesting is it's taking New Zealand kind of twenty years 1483 01:10:27,880 --> 01:10:30,120 Speaker 8: to start to say, well, maybe a capital gains text 1484 01:10:30,200 --> 01:10:32,120 Speaker 8: isn't such a bad idea. But here I think is 1485 01:10:32,160 --> 01:10:33,040 Speaker 8: a growing public. 1486 01:10:33,160 --> 01:10:37,799 Speaker 4: Yeah, because the problem is if you don't believe in something, 1487 01:10:38,439 --> 01:10:40,000 Speaker 4: how do you If you can't even tell us how 1488 01:10:40,000 --> 01:10:41,519 Speaker 4: you're going to vote, how do you sell it? 1489 01:10:42,520 --> 01:10:45,040 Speaker 8: Because we don't talk about how we're internally voting. It's 1490 01:10:45,080 --> 01:10:47,400 Speaker 8: not because I don't believe it. I think we've got 1491 01:10:47,439 --> 01:10:49,880 Speaker 8: a significant problem in New Zealand that we have an 1492 01:10:49,920 --> 01:10:52,840 Speaker 8: aging population and not enough tax to pay for the 1493 01:10:52,920 --> 01:10:54,599 Speaker 8: things like O he So we're going to text them 1494 01:10:54,640 --> 01:10:57,680 Speaker 8: all as well. You need to do something marked to 1495 01:10:57,760 --> 01:11:00,240 Speaker 8: increase the textable To. 1496 01:11:00,240 --> 01:11:02,360 Speaker 4: Me personally, Jennys are just as an exercise to. 1497 01:11:02,320 --> 01:11:04,920 Speaker 8: See where that goes well, Mark can't pay for the fairies. 1498 01:11:05,000 --> 01:11:07,040 Speaker 8: Nicholas canceled them. We have no boats. 1499 01:11:08,760 --> 01:11:13,439 Speaker 4: Yesterday by December thirteen, it's all on. Do you know 1500 01:11:13,600 --> 01:11:13,960 Speaker 4: the deal? 1501 01:11:14,080 --> 01:11:14,240 Speaker 10: Mark? 1502 01:11:14,280 --> 01:11:16,040 Speaker 4: Do you know the fairy deals have gone through Cabina? 1503 01:11:16,120 --> 01:11:17,920 Speaker 10: No, I don't know. I'm not involved in that. No, 1504 01:11:18,120 --> 01:11:21,519 Speaker 10: I don't know they deal so can They wouldn't. 1505 01:11:21,560 --> 01:11:24,360 Speaker 27: But we're putting that position because we're just about every 1506 01:11:24,479 --> 01:11:27,600 Speaker 27: single project we hear it. It is a messive blowouts 1507 01:11:27,600 --> 01:11:30,240 Speaker 27: because it's been very poorly managed in the government. The 1508 01:11:30,280 --> 01:11:33,640 Speaker 27: previous government failed to take decisions on it. We're taking decisions. 1509 01:11:33,640 --> 01:11:34,719 Speaker 4: Politics on your behalf. 1510 01:11:35,120 --> 01:11:42,200 Speaker 8: And that's also also where he sent blame the others 1511 01:11:43,320 --> 01:11:46,400 Speaker 8: after a year mark. After a year mark, stop blaming. 1512 01:11:46,800 --> 01:11:48,800 Speaker 4: They get the first term, Jenny. My rule is the 1513 01:11:48,880 --> 01:11:50,840 Speaker 4: Hosking rule of thumb. As you get the whole first term, 1514 01:11:50,920 --> 01:11:54,919 Speaker 4: to blame the last lot. Okay, you had six years, Frank. 1515 01:11:57,439 --> 01:11:59,160 Speaker 10: We're to take a lot of We had to pick 1516 01:11:59,200 --> 01:12:00,920 Speaker 10: a lot of the year. That's for real. But look, 1517 01:12:01,240 --> 01:12:03,439 Speaker 10: we're looking forward and I'm really please. I'm very proud 1518 01:12:03,479 --> 01:12:05,479 Speaker 10: of our police service. I'm very proud of what they're doing, 1519 01:12:05,520 --> 01:12:06,639 Speaker 10: and we're tracking in the right direction. 1520 01:12:06,760 --> 01:12:08,439 Speaker 4: All right, we'll catch up next week. I appreciate your 1521 01:12:08,479 --> 01:12:10,479 Speaker 4: time as always. Make make sure Jenny Anderson and we'll 1522 01:12:10,479 --> 01:12:12,479 Speaker 4: see how the see how the vote goes in Christ 1523 01:12:12,560 --> 01:12:14,400 Speaker 4: you just this weekend for the Labor Party Gate twenty two. 1524 01:12:15,600 --> 01:12:18,280 Speaker 1: The Mike Hosking Breakfast with the Range Rovere of the 1525 01:12:18,360 --> 01:12:19,880 Speaker 1: Line News Talk TV. 1526 01:12:21,360 --> 01:12:23,880 Speaker 4: Twenty five. Mike, my sixteen year old son met Nicki 1527 01:12:23,960 --> 01:12:27,240 Speaker 4: Kay through Blue Nature and Education and initiative founded by Nikki. 1528 01:12:27,280 --> 01:12:29,800 Speaker 4: Over the last eighteen months, she's changed his life and 1529 01:12:29,880 --> 01:12:32,040 Speaker 4: surely many other students as well. She cemented his love 1530 01:12:32,080 --> 01:12:34,760 Speaker 4: for the ocean, a marine environment, and restored his faith 1531 01:12:34,840 --> 01:12:36,800 Speaker 4: in learning and making a difference. Her legacy lives on. 1532 01:12:36,840 --> 01:12:38,840 Speaker 4: It's very nice. Thank you for that, Mike. I agree 1533 01:12:38,880 --> 01:12:40,760 Speaker 4: with you. Tender has always seemed to me to be 1534 01:12:40,800 --> 01:12:42,760 Speaker 4: a somewhat corrupt process. If you want to know what 1535 01:12:42,880 --> 01:12:44,479 Speaker 4: your house is worth, put a price on it. We'll 1536 01:12:44,520 --> 01:12:47,000 Speaker 4: put it up for auction. Mike, Tender's work well, when 1537 01:12:47,000 --> 01:12:49,080 Speaker 4: you understand the concept, bring me. I'll put you right. 1538 01:12:49,840 --> 01:12:51,720 Speaker 4: I'm not sure. I don't understand how it tender works. 1539 01:12:51,760 --> 01:12:54,200 Speaker 4: It tender works as there's a certain date and you 1540 01:12:54,720 --> 01:12:56,360 Speaker 4: write a little number down on an envelope and you 1541 01:12:56,439 --> 01:12:58,120 Speaker 4: hand it in and then somebody rings you on the 1542 01:12:58,200 --> 01:12:59,519 Speaker 4: day and you either win or you haven't or you 1543 01:12:59,640 --> 01:13:01,719 Speaker 4: got class, and then you have a little negotiating process 1544 01:13:01,720 --> 01:13:03,760 Speaker 4: and stuff like that. Am I wrong, Mike? You're wrong. 1545 01:13:04,360 --> 01:13:06,720 Speaker 4: Tender is not the silliest way of selling a house. 1546 01:13:06,760 --> 01:13:08,880 Speaker 4: I've been a real estate agent. I've seen many tenders 1547 01:13:08,880 --> 01:13:11,240 Speaker 4: where the winning offer is far far higher than the 1548 01:13:11,320 --> 01:13:13,840 Speaker 4: next top offer in an auction. Well, yeah, but that's 1549 01:13:13,880 --> 01:13:17,400 Speaker 4: not the point, is it. That's that's that's only from 1550 01:13:17,520 --> 01:13:18,599 Speaker 4: one side of the equation. 1551 01:13:18,840 --> 01:13:19,160 Speaker 27: I e. 1552 01:13:19,720 --> 01:13:22,200 Speaker 4: Some dumb SUCKI you've found to put some figure that's 1553 01:13:22,240 --> 01:13:22,679 Speaker 4: not real. 1554 01:13:22,800 --> 01:13:25,200 Speaker 26: And how many of you seen that worn't higher? 1555 01:13:27,439 --> 01:13:27,639 Speaker 10: Yeah? 1556 01:13:27,720 --> 01:13:29,920 Speaker 4: Texter, can you tell me how many how many times 1557 01:13:29,960 --> 01:13:31,320 Speaker 4: have you seen the number far higher? 1558 01:13:31,320 --> 01:13:33,439 Speaker 26: I mean, it's basically just a blind auction, exactly what 1559 01:13:33,520 --> 01:13:33,720 Speaker 26: it is. 1560 01:13:33,800 --> 01:13:35,600 Speaker 4: You just pick a number, Mike. I totally agree with 1561 01:13:35,640 --> 01:13:38,880 Speaker 4: you regarding the McDonald's proposal for Wanaka. It's been the 1562 01:13:38,920 --> 01:13:42,560 Speaker 4: same in Traw with BK BK t raw kill the 1563 01:13:42,640 --> 01:13:44,960 Speaker 4: vibe get over at people, more jobs out of business, 1564 01:13:45,040 --> 01:13:47,599 Speaker 4: availability of food for locals and tourists to like outside 1565 01:13:47,600 --> 01:13:49,880 Speaker 4: of ours, No other options available. Very good point. What 1566 01:13:49,920 --> 01:13:51,400 Speaker 4: are you doing tra You know what you do in 1567 01:13:51,479 --> 01:13:55,479 Speaker 4: Trah go to the b K. They the flame grilled, 1568 01:13:55,760 --> 01:13:57,240 Speaker 4: They do the flame. Yeah, they're the flame grill. 1569 01:13:57,320 --> 01:13:58,880 Speaker 26: You do the flame flame grill feeling. 1570 01:13:58,720 --> 01:14:01,120 Speaker 4: You do the fame girl feeling and tea rounds. Tell 1571 01:14:01,160 --> 01:14:03,559 Speaker 4: what's happening this morning in Australia, which is really interesting 1572 01:14:03,600 --> 01:14:05,400 Speaker 4: given what's happened in Italy and happened to the UK. 1573 01:14:05,640 --> 01:14:07,280 Speaker 4: So a whole lot of people turn up in these 1574 01:14:07,320 --> 01:14:08,760 Speaker 4: countries and you want to get rid of them, and 1575 01:14:08,880 --> 01:14:10,080 Speaker 4: you don't know how to get rid of them, and 1576 01:14:10,120 --> 01:14:12,200 Speaker 4: you can't, so it becomes a political nightmare and often 1577 01:14:12,240 --> 01:14:14,439 Speaker 4: government to lose government because of it. And Italy they're 1578 01:14:14,520 --> 01:14:17,040 Speaker 4: shipping them up to Albania. In the UK they tried 1579 01:14:17,040 --> 01:14:19,599 Speaker 4: to ship them off to Rwanda, and they pay these 1580 01:14:19,640 --> 01:14:21,439 Speaker 4: countries to take them. Then of course all the human 1581 01:14:21,479 --> 01:14:23,320 Speaker 4: rights lawyers come in and tie the thing up and 1582 01:14:23,400 --> 01:14:25,280 Speaker 4: caught for years on end. And both those two examples 1583 01:14:25,280 --> 01:14:27,240 Speaker 4: I've given you are a complete met So I announced 1584 01:14:27,280 --> 01:14:29,240 Speaker 4: this morning what are they going to do? They're going 1585 01:14:29,320 --> 01:14:32,160 Speaker 4: to pay countries to take the people in Australia. Now 1586 01:14:32,200 --> 01:14:34,840 Speaker 4: I want to know what country and how long before 1587 01:14:34,880 --> 01:14:36,800 Speaker 4: the lawyers are involved. This is the breaking story in 1588 01:14:36,840 --> 01:14:40,400 Speaker 4: Australia this morning. Steve Priced with the deats as they 1589 01:14:40,520 --> 01:14:42,680 Speaker 4: say in t rah after the news. 1590 01:14:42,640 --> 01:14:49,280 Speaker 1: Which is next, demanding the answers from the decision makers, 1591 01:14:49,680 --> 01:14:53,559 Speaker 1: the mic Hosking breakfast with Bailey's Real Estate, your local 1592 01:14:53,640 --> 01:14:57,240 Speaker 1: experts across residential, commercial and rural news togsdad be. 1593 01:14:57,600 --> 01:14:59,479 Speaker 4: Next to no coverage and it can't work out why. 1594 01:14:59,680 --> 01:15:02,760 Speaker 4: But also I mentioned did mention christmass announcement on the 1595 01:15:02,960 --> 01:15:06,320 Speaker 4: community house providers the chips yesterday, so that was a 1596 01:15:06,400 --> 01:15:08,680 Speaker 4: wise move from the government and long over due. But 1597 01:15:08,800 --> 01:15:12,320 Speaker 4: what he also announced yesterday was an investigation or what 1598 01:15:12,520 --> 01:15:15,320 Speaker 4: they're officially calling an independent review into Sport New Zealand. 1599 01:15:16,240 --> 01:15:18,000 Speaker 4: So Sport New Zealand have got a lot of question 1600 01:15:18,160 --> 01:15:21,360 Speaker 4: marks around them at the moment, a senior public sector leader, 1601 01:15:21,520 --> 01:15:23,880 Speaker 4: Brendan Boyle is going to be in charge of all 1602 01:15:23,960 --> 01:15:25,600 Speaker 4: of this. They invest sport in New Zealand, if you 1603 01:15:25,640 --> 01:15:28,320 Speaker 4: didn't know, a tremendous amount of money one hundred and 1604 01:15:28,320 --> 01:15:30,360 Speaker 4: thirty one million in forty four sports in the last 1605 01:15:30,400 --> 01:15:32,840 Speaker 4: four year cycle. They also invest a further seventy million 1606 01:15:32,880 --> 01:15:37,719 Speaker 4: each year international sporting bodies, Regional Trust, Community Group's recreational bodies. 1607 01:15:37,800 --> 01:15:41,240 Speaker 4: Here's the key to this. There are organizations that are 1608 01:15:41,280 --> 01:15:45,000 Speaker 4: being funded that sit more at the recreation end of 1609 01:15:45,040 --> 01:15:47,840 Speaker 4: the scale than the sports side. Some of them have 1610 01:15:47,960 --> 01:15:50,479 Speaker 4: a pretty tenuous claim to help in getting KIWIS active. 1611 01:15:50,560 --> 01:15:53,280 Speaker 4: So in other words, the inferences it's a bit of 1612 01:15:53,320 --> 01:15:55,840 Speaker 4: a cash cow. And if you go along, and my 1613 01:15:56,200 --> 01:15:59,000 Speaker 4: strong suspicion is that if you go along and say listen, 1614 01:15:59,080 --> 01:16:02,639 Speaker 4: I want to focusing on some large people we want 1615 01:16:02,680 --> 01:16:04,280 Speaker 4: to get out walking, and we've got a good plan. 1616 01:16:04,400 --> 01:16:06,040 Speaker 4: Can we have some money, they then go yes, And 1617 01:16:06,080 --> 01:16:07,920 Speaker 4: whether or not you ever get those large people out 1618 01:16:07,960 --> 01:16:10,080 Speaker 4: walking doesn't really seem to matter. So the review is 1619 01:16:10,120 --> 01:16:11,960 Speaker 4: on and not a moment too soon as well. Twenty 1620 01:16:12,000 --> 01:16:15,080 Speaker 4: one minutes away from nine asking right, oh, let's go 1621 01:16:15,120 --> 01:16:16,880 Speaker 4: to Australia. Steve Price, very good morning to you. 1622 01:16:17,760 --> 01:16:18,240 Speaker 16: Good ava. 1623 01:16:18,560 --> 01:16:20,280 Speaker 4: Now, poll, what have we got? Give me some numbers? 1624 01:16:21,800 --> 01:16:24,280 Speaker 17: This is a redbridge pole. Now I would just caution people. 1625 01:16:24,320 --> 01:16:26,160 Speaker 17: We know how the polls have gotten so wrong in 1626 01:16:26,240 --> 01:16:28,120 Speaker 17: the United States election, so we just need to be 1627 01:16:28,200 --> 01:16:32,200 Speaker 17: careful because we're in that frenzy period pre election where 1628 01:16:32,240 --> 01:16:35,200 Speaker 17: everyone's polling everyone else but Redbridge has been pretty consistent 1629 01:16:35,800 --> 01:16:39,120 Speaker 17: and this poll shows that the mood of the country 1630 01:16:39,280 --> 01:16:41,800 Speaker 17: is that it's headed in the wrong direction. Now that's 1631 01:16:41,920 --> 01:16:46,200 Speaker 17: very bad news for Anthony alban Easy. It founded half 1632 01:16:46,400 --> 01:16:49,360 Speaker 17: of all voters think we're going the wrong way, compared 1633 01:16:49,360 --> 01:16:51,320 Speaker 17: to less than a food who think it's on track. 1634 01:16:51,439 --> 01:16:54,320 Speaker 17: But and this is the interesting point, many of those 1635 01:16:54,479 --> 01:16:58,320 Speaker 17: surveyed are Labour's traditional blue collar base. These are the 1636 01:16:58,360 --> 01:17:00,880 Speaker 17: sort of people you know that walked away from the 1637 01:17:00,960 --> 01:17:04,560 Speaker 17: Democrats in the US election. It seems, and I'm not 1638 01:17:04,680 --> 01:17:07,479 Speaker 17: saying it will happen, it seems that the same sort 1639 01:17:07,520 --> 01:17:11,080 Speaker 17: of mood is a foot in Australia right now. Redbridge 1640 01:17:11,080 --> 01:17:15,280 Speaker 17: Pole found only six percent six of Australians agree strongly 1641 01:17:15,400 --> 01:17:18,240 Speaker 17: that the government has focused on the right priorities, twenty 1642 01:17:18,280 --> 01:17:22,560 Speaker 17: five percent strongly disagree, fifty two percent either disagree or 1643 01:17:22,600 --> 01:17:25,920 Speaker 17: so strongly disagree with the idea of the Albanezi government's 1644 01:17:25,960 --> 01:17:28,360 Speaker 17: got the right focus. So it's all about what the 1645 01:17:28,439 --> 01:17:30,920 Speaker 17: government is focusing on. You can take that all the 1646 01:17:31,000 --> 01:17:34,120 Speaker 17: way back to the defeated referendum on the voice. But 1647 01:17:35,960 --> 01:17:38,559 Speaker 17: energy would be the other question that I think where 1648 01:17:38,600 --> 01:17:40,719 Speaker 17: people are starting to get very nervous. We'll talk about 1649 01:17:40,760 --> 01:17:43,000 Speaker 17: that in a sect. Fewer than one in three people 1650 01:17:43,120 --> 01:17:47,240 Speaker 17: viewed the government's priorities positively. So this will be yet 1651 01:17:47,280 --> 01:17:52,280 Speaker 17: another wake up call to alban Ezi and the timing 1652 01:17:52,360 --> 01:17:54,720 Speaker 17: of an election. You know, I know I keep going 1653 01:17:54,800 --> 01:17:57,479 Speaker 17: back and forward on this, but I just think he's 1654 01:17:57,520 --> 01:17:59,240 Speaker 17: going to probably run full urnament now. 1655 01:17:59,360 --> 01:18:01,719 Speaker 4: But what I'll move, He has to because he's waiting 1656 01:18:01,720 --> 01:18:03,720 Speaker 4: for the Reserve Bank. The Reserve Bank aren't going to 1657 01:18:03,760 --> 01:18:06,840 Speaker 4: move till May. The question I'm interested in how trump 1658 01:18:07,040 --> 01:18:09,040 Speaker 4: esque does doesn't become. 1659 01:18:11,240 --> 01:18:15,760 Speaker 17: Not completely Trumpes. But he's going to go a fair 1660 01:18:15,800 --> 01:18:20,720 Speaker 17: way down that track, particularly on things like energy, immigration 1661 01:18:22,160 --> 01:18:27,240 Speaker 17: and tax cuts. That's where he will go. Will he 1662 01:18:27,360 --> 01:18:31,800 Speaker 17: do something like the tariff question we saw yesterday or 1663 01:18:31,880 --> 01:18:35,400 Speaker 17: will he do something like, you know, completely shut immigration 1664 01:18:35,640 --> 01:18:37,120 Speaker 17: levels down though he won't. 1665 01:18:37,840 --> 01:18:40,639 Speaker 4: See I was reading the Deloitte Access Economics people came 1666 01:18:40,680 --> 01:18:42,720 Speaker 4: out the other day and Marles said he's going to 1667 01:18:43,120 --> 01:18:45,680 Speaker 4: run a deficit of twenty eight billion. They reckon it's 1668 01:18:45,720 --> 01:18:48,120 Speaker 4: going to be close to to thirty four. So they're 1669 01:18:48,120 --> 01:18:50,439 Speaker 4: not running the economy right. So the people are right. 1670 01:18:50,600 --> 01:18:52,680 Speaker 4: I mean, the people are always right, but I mean, 1671 01:18:52,720 --> 01:18:55,719 Speaker 4: you can't argue with their economic performance. It's pretty ordinary. 1672 01:18:56,960 --> 01:19:00,280 Speaker 17: Yeah, And Charmers is going to have an end year 1673 01:19:00,360 --> 01:19:03,880 Speaker 17: economic statement will be put out about where the numbers fall, 1674 01:19:04,200 --> 01:19:06,559 Speaker 17: and then he's promising to do a budget in March. 1675 01:19:07,080 --> 01:19:09,120 Speaker 17: If he is to do that budget, that same report 1676 01:19:09,200 --> 01:19:12,439 Speaker 17: you refer to to Lloyd, it's looking like a forty 1677 01:19:12,560 --> 01:19:17,520 Speaker 17: nine billion dollar turnaround in budget numbers from surplus to deficits. 1678 01:19:17,600 --> 01:19:19,760 Speaker 17: So that's not a very good message to be taken 1679 01:19:19,800 --> 01:19:20,240 Speaker 17: to an allege. 1680 01:19:20,400 --> 01:19:22,400 Speaker 4: I was reading early this morning and I did look 1681 01:19:22,479 --> 01:19:24,800 Speaker 4: up the forecast around Australia. It didn't seem that hot 1682 01:19:24,840 --> 01:19:27,000 Speaker 4: because the headline was, you know, brace yourself, there's a 1683 01:19:27,040 --> 01:19:28,680 Speaker 4: heat wave, YadA, YadA, YadA, And I looked at it. 1684 01:19:29,040 --> 01:19:31,320 Speaker 4: But Sydney's heading for forty. 1685 01:19:32,120 --> 01:19:34,120 Speaker 17: Well, I'm sitting in Melbourne and if you can hear it, 1686 01:19:34,160 --> 01:19:37,000 Speaker 17: but it's pouring with rain here Sydney Western Sydney's headed 1687 01:19:37,040 --> 01:19:40,800 Speaker 17: for forty today and the head of the Australian Energy 1688 01:19:40,880 --> 01:19:44,720 Speaker 17: Market Operator a EMO, it's called warned that if it 1689 01:19:44,800 --> 01:19:48,439 Speaker 17: gets to forty then we could have problems with power 1690 01:19:48,520 --> 01:19:51,479 Speaker 17: threats and you could get blackouts. Now, is this just 1691 01:19:52,000 --> 01:19:55,759 Speaker 17: you know, hyperbol or is it actually going to happen? 1692 01:19:55,880 --> 01:19:59,840 Speaker 17: I mean, seriously, forty degrees is not particularly hot for 1693 01:20:00,040 --> 01:20:03,000 Speaker 17: Western Sydney. But apparently there's a lot of maintenance being 1694 01:20:03,120 --> 01:20:07,120 Speaker 17: done on three of the states for coal fired power stations. 1695 01:20:07,520 --> 01:20:10,719 Speaker 17: That coal is still a backbone of energy in this country. 1696 01:20:10,760 --> 01:20:13,040 Speaker 17: No one should no one should think otherwise. I mean 1697 01:20:13,200 --> 01:20:16,160 Speaker 17: yesterday in Melbourne it was a very foggy morning and 1698 01:20:16,240 --> 01:20:19,439 Speaker 17: there was absolutely no wind. Airport was even shut for 1699 01:20:19,439 --> 01:20:23,920 Speaker 17: a while because of fog. Eighty percent of Melbourne's electricity, 1700 01:20:23,920 --> 01:20:26,439 Speaker 17: and I looked this up, was being delivered by brown 1701 01:20:26,560 --> 01:20:30,479 Speaker 17: coal and the other fifteen percent was coming from gas, 1702 01:20:30,920 --> 01:20:34,600 Speaker 17: so you had ninety five percent from non renewables. What 1703 01:20:34,800 --> 01:20:39,080 Speaker 17: happens when those renewables are not there? The lights are 1704 01:20:39,120 --> 01:20:39,639 Speaker 17: going to go out. 1705 01:20:40,000 --> 01:20:43,040 Speaker 4: Exactly. We've got the same problem. One of the things 1706 01:20:43,080 --> 01:20:45,599 Speaker 4: I don't envy you about australiare's a lot I love 1707 01:20:45,640 --> 01:20:47,800 Speaker 4: about Australia, as you well know, but the cost you 1708 01:20:47,960 --> 01:20:52,599 Speaker 4: pay for cars in Australia is ridiculous. And I'm assume 1709 01:20:52,640 --> 01:20:54,360 Speaker 4: it's a tax related thing, is it. 1710 01:20:55,600 --> 01:20:58,040 Speaker 17: Well, there's a luxury car tax which shouldn't exist and 1711 01:20:58,160 --> 01:21:00,360 Speaker 17: the only reason it was ever introduced was the protect 1712 01:21:00,360 --> 01:21:02,679 Speaker 17: the local car industry when we made holds before. 1713 01:21:02,720 --> 01:21:03,280 Speaker 4: You don't have one. 1714 01:21:03,360 --> 01:21:05,760 Speaker 17: We don't make them anymore. So I don't know why 1715 01:21:05,760 --> 01:21:08,920 Speaker 17: the electric car Texas still there. I know you're a 1716 01:21:09,040 --> 01:21:12,160 Speaker 17: huge fan of electric vehicles. You'd be pleased to know 1717 01:21:13,320 --> 01:21:17,360 Speaker 17: that dealers in Australia can't sell the electric vehicles that 1718 01:21:17,400 --> 01:21:20,160 Speaker 17: are valued at seventy five thousand and over. Now what 1719 01:21:20,360 --> 01:21:24,240 Speaker 17: are those? Well, the top range teslas are in that bracket. 1720 01:21:24,320 --> 01:21:28,400 Speaker 17: You've got BMW, you've got Mercedes, you've got Vulva. The 1721 01:21:28,479 --> 01:21:31,080 Speaker 17: reason they can't sell them is the country's about to 1722 01:21:31,080 --> 01:21:34,720 Speaker 17: be flooded by cheap Chinese electric vehicles. So anyone who's gone, 1723 01:21:34,800 --> 01:21:36,760 Speaker 17: oh well I might buy an EV, I might not. 1724 01:21:37,280 --> 01:21:40,280 Speaker 17: So what you're going to have, which I find really fascinating, 1725 01:21:40,960 --> 01:21:43,840 Speaker 17: is you're going to have wealthy suburbs. Think about the 1726 01:21:43,840 --> 01:21:47,839 Speaker 17: eastern suburbs of Sydney or the Inner East in Melbourne 1727 01:21:48,160 --> 01:21:51,960 Speaker 17: are going to be flooded with expensive electric vehicles. But 1728 01:21:52,600 --> 01:21:54,360 Speaker 17: normal folks are going to go, well, no, I'll go 1729 01:21:54,439 --> 01:21:58,040 Speaker 17: and buy thirty thousand dollars Chinese electric vehicle. So you're 1730 01:21:58,040 --> 01:22:00,000 Speaker 17: going to have this great divide depending on where you 1731 01:22:00,160 --> 01:22:02,280 Speaker 17: living what your income is. As to what people are 1732 01:22:02,360 --> 01:22:05,000 Speaker 17: driving in electric vehicles, We're going to have something like 1733 01:22:05,400 --> 01:22:10,000 Speaker 17: two hundred different types of Chinese electric on the market. 1734 01:22:10,760 --> 01:22:12,360 Speaker 4: You're going to have to change. I don't know people 1735 01:22:12,400 --> 01:22:13,640 Speaker 4: have got the hit around. I've seen it on this 1736 01:22:13,680 --> 01:22:16,160 Speaker 4: program many times. But when you buy a carr it's 1737 01:22:16,240 --> 01:22:19,280 Speaker 4: particularly applicable in Australia because the residual value in a 1738 01:22:19,320 --> 01:22:21,280 Speaker 4: car in Australia is way higher than it is in 1739 01:22:21,320 --> 01:22:24,679 Speaker 4: New Zealand. But you're going to get this flood of stuff. 1740 01:22:24,760 --> 01:22:26,519 Speaker 4: It's like buying a fridge. When you buy a fridge, 1741 01:22:26,520 --> 01:22:29,120 Speaker 4: it's three weeks later, it's worth nothing. You just run 1742 01:22:29,160 --> 01:22:30,800 Speaker 4: it till it's broken, then you toss it out. And 1743 01:22:30,880 --> 01:22:33,320 Speaker 4: that's what is going to happen to a thirty thousand 1744 01:22:33,320 --> 01:22:34,120 Speaker 4: dollars Chinese EV. 1745 01:22:34,280 --> 01:22:37,720 Speaker 17: Isn't it exactly what's going to happen with a Chinese EV. 1746 01:22:38,360 --> 01:22:41,479 Speaker 17: You're right, you're buying something like your Apple iPhone that 1747 01:22:41,600 --> 01:22:44,479 Speaker 17: eventually the battery gives up on you and so Apple 1748 01:22:44,560 --> 01:22:46,040 Speaker 17: forces it to go and buy another one. Well, that's 1749 01:22:46,040 --> 01:22:48,320 Speaker 17: exactly what's going to happen in electric vehicles. By the way, 1750 01:22:48,400 --> 01:22:50,519 Speaker 17: the rental car was a Yaris cross and I booked 1751 01:22:50,520 --> 01:22:51,080 Speaker 17: it yesterday. 1752 01:22:51,320 --> 01:22:54,760 Speaker 4: Good its customers, No, I think would you pay for. 1753 01:22:54,800 --> 01:23:02,120 Speaker 17: It three seven hundred dollars a day Australian not I 1754 01:23:02,280 --> 01:23:03,599 Speaker 17: think twelve days or something. 1755 01:23:03,880 --> 01:23:04,320 Speaker 10: We have it. 1756 01:23:04,400 --> 01:23:05,400 Speaker 17: It's very expensive. 1757 01:23:05,479 --> 01:23:07,920 Speaker 4: It is expensive. Where are you sending these people you 1758 01:23:08,000 --> 01:23:10,040 Speaker 4: don't want in Australia because I assume you followed the 1759 01:23:10,200 --> 01:23:12,960 Speaker 4: UK and the Italian story and you're going straight to court. 1760 01:23:13,080 --> 01:23:14,640 Speaker 4: But where are they sending them and how much you're 1761 01:23:14,640 --> 01:23:15,760 Speaker 4: paying these people to take them? 1762 01:23:16,920 --> 01:23:21,200 Speaker 17: Well, this is an issue that I don't think is 1763 01:23:21,240 --> 01:23:22,840 Speaker 17: completely agreed upon. 1764 01:23:22,960 --> 01:23:23,120 Speaker 16: Yet. 1765 01:23:24,080 --> 01:23:26,880 Speaker 17: We've cut immigration levels mainly through foreign students. That's what 1766 01:23:26,960 --> 01:23:30,120 Speaker 17: we're doing. So the idea that you would actually pay 1767 01:23:30,160 --> 01:23:32,280 Speaker 17: another country, we've already been doing that. I mean you 1768 01:23:32,640 --> 01:23:35,720 Speaker 17: might remember in Kevin Runs time he stitched up and 1769 01:23:35,800 --> 01:23:40,599 Speaker 17: deal with Malaysia so that any illegal boat arrivals would 1770 01:23:40,640 --> 01:23:43,080 Speaker 17: be rehoused in Malaysia. Well, not one person ever went there. 1771 01:23:43,479 --> 01:23:46,080 Speaker 17: They all ended up on route. So I just don't 1772 01:23:46,120 --> 01:23:46,840 Speaker 17: see a skin like that. 1773 01:23:46,920 --> 01:23:49,519 Speaker 4: Would Okay, mate, go well catch up next week, appreciate it. 1774 01:23:50,160 --> 01:23:51,800 Speaker 4: A modo is the one I was taking to see 1775 01:23:51,840 --> 01:23:54,080 Speaker 4: price a modo. I think of my saying that, right, 1776 01:23:54,120 --> 01:23:56,200 Speaker 4: you know this Chinese manufacturer and they've got a car 1777 01:23:56,320 --> 01:23:57,840 Speaker 4: in the country, a couple of cars in the country, 1778 01:23:57,880 --> 01:23:59,640 Speaker 4: couple of versions of the car in the country, and 1779 01:23:59,720 --> 01:24:01,639 Speaker 4: they've a big sale on at the moment and there, 1780 01:24:01,800 --> 01:24:04,080 Speaker 4: you know, I can't remember what the price was, thirty 1781 01:24:04,200 --> 01:24:06,800 Speaker 4: thirty five grand something like that, but you know what 1782 01:24:06,880 --> 01:24:08,400 Speaker 4: do you think you're going to sell that for in 1783 01:24:08,479 --> 01:24:09,479 Speaker 4: five or six years time? 1784 01:24:09,600 --> 01:24:13,880 Speaker 1: Fourteen to two International correspondence with Ends and Eye Insurance, 1785 01:24:14,040 --> 01:24:20,880 Speaker 1: Peace of Mind for New Zealand business The Hike Asking 1786 01:24:20,960 --> 01:24:25,479 Speaker 1: Breakfast Full Show podcast on iHeartRadio powered by News Talks. 1787 01:24:25,240 --> 01:24:27,240 Speaker 4: That Be Mike, I wonder if the resale value of 1788 01:24:27,240 --> 01:24:29,559 Speaker 4: Australian cars the New Zealand is related to the quality 1789 01:24:29,600 --> 01:24:31,160 Speaker 4: of the roads and how this ages said car. No, 1790 01:24:31,280 --> 01:24:32,760 Speaker 4: it's got nothing to do with it. It's got to 1791 01:24:32,800 --> 01:24:34,760 Speaker 4: do with the fact that New Zealand bebbled into the 1792 01:24:34,800 --> 01:24:37,519 Speaker 4: wonderful world of used Japanese imports and as a result 1793 01:24:37,640 --> 01:24:40,680 Speaker 4: under price to the market completely. And they've never done 1794 01:24:40,720 --> 01:24:42,599 Speaker 4: that really in Australia. So as a result, you can 1795 01:24:42,680 --> 01:24:45,000 Speaker 4: expect after three years of ownership in Australia you'd be 1796 01:24:45,280 --> 01:24:47,680 Speaker 4: realistically looking at eighty percent of the original value. Save 1797 01:24:47,680 --> 01:24:49,920 Speaker 4: you spent one hundred thousand dollars on a car. Three 1798 01:24:50,000 --> 01:24:52,439 Speaker 4: years later it's worth about eighty whereas in this country 1799 01:24:52,479 --> 01:24:54,479 Speaker 4: it's worth about fifty. It's about half of what it was. 1800 01:24:54,640 --> 01:24:57,400 Speaker 4: A couple of bits of reading on nuclear by the way, 1801 01:24:58,400 --> 01:25:00,519 Speaker 4: because I'm on a theme now because I think I'm 1802 01:25:00,560 --> 01:25:02,000 Speaker 4: going to be on the right side of this. Is 1803 01:25:02,120 --> 01:25:04,759 Speaker 4: nuclear power regaining energy. So that's out of the BBC. 1804 01:25:04,920 --> 01:25:07,640 Speaker 4: That's a very good read. Look that up because we 1805 01:25:07,720 --> 01:25:11,120 Speaker 4: are literally missing the boat as we speak. And you 1806 01:25:11,240 --> 01:25:14,080 Speaker 4: talk about Steve and the power in Sydney and they've 1807 01:25:14,120 --> 01:25:17,679 Speaker 4: got grid problems and we've got grid problems, and nuclear 1808 01:25:17,720 --> 01:25:20,280 Speaker 4: seems to be the way of the future because certainly 1809 01:25:20,320 --> 01:25:22,840 Speaker 4: the renewables aren't doing the business at the moment anyway. 1810 01:25:22,920 --> 01:25:26,280 Speaker 4: So is nuclear power regaining energy. That's the BBC very 1811 01:25:26,320 --> 01:25:28,760 Speaker 4: good piece yesterday that and I didn't know this, but 1812 01:25:29,760 --> 01:25:32,360 Speaker 4: they sort of everyone's on the nuclear train at the moment. 1813 01:25:32,400 --> 01:25:36,200 Speaker 4: The Indian Point Nuclear Power Plant for fifty years generated 1814 01:25:36,240 --> 01:25:38,200 Speaker 4: a quarter of the power needed for New York City. 1815 01:25:38,240 --> 01:25:39,479 Speaker 4: And this goes back to what I was saying on 1816 01:25:39,560 --> 01:25:42,200 Speaker 4: the program, is today data centers of which we want 1817 01:25:42,240 --> 01:25:45,840 Speaker 4: to be hosts are now so big, so gargantuan, that 1818 01:25:46,000 --> 01:25:49,519 Speaker 4: they will use more power than entire cities. So you 1819 01:25:49,640 --> 01:25:52,320 Speaker 4: either want to be into that or you don't. Anyway, decommissioning, 1820 01:25:52,960 --> 01:25:55,760 Speaker 4: they started decommissioning this particular power plant, the Indian Point 1821 01:25:55,880 --> 01:25:58,320 Speaker 4: Nuclear Plant, back in twenty twenty one. And so what 1822 01:25:58,400 --> 01:26:01,080 Speaker 4: do they do with the waste active fuel? Well, that's 1823 01:26:01,240 --> 01:26:04,240 Speaker 4: inside one hundred and twenty huge metal and concrete canisters. 1824 01:26:04,880 --> 01:26:07,639 Speaker 4: And what's it doing there while it's stored behind fencing 1825 01:26:08,080 --> 01:26:11,320 Speaker 4: with twenty four seven security guards with guns. Now, why 1826 01:26:11,400 --> 01:26:13,599 Speaker 4: they're doing that? While the answer is because America doesn't 1827 01:26:13,640 --> 01:26:16,160 Speaker 4: have a plan. Most countries that have a plan do 1828 01:26:16,400 --> 01:26:18,200 Speaker 4: something with it. They either ship it out or they 1829 01:26:18,320 --> 01:26:21,640 Speaker 4: bury it. America doesn't. And here's the ultimate irony, and 1830 01:26:21,720 --> 01:26:24,240 Speaker 4: this is why it's well worth reading the article. America, 1831 01:26:24,320 --> 01:26:27,720 Speaker 4: on one hand, is increasingly reliant on nuclear yet on 1832 01:26:27,840 --> 01:26:29,880 Speaker 4: the other the reason they don't bury it or ship 1833 01:26:29,960 --> 01:26:33,360 Speaker 4: it out is because everyone suspicious of the waste. Should 1834 01:26:33,439 --> 01:26:36,920 Speaker 4: you be suspicious of the waste? No, Because the expert 1835 01:26:37,000 --> 01:26:39,160 Speaker 4: quoted in the story says, as follows, the waste from 1836 01:26:39,240 --> 01:26:43,479 Speaker 4: nuclear energy poses so little danger a person would need 1837 01:26:43,560 --> 01:26:47,040 Speaker 4: to stand near it for an entire year to be 1838 01:26:47,200 --> 01:26:50,360 Speaker 4: exposed to as much radiation as maybe one or two 1839 01:26:50,560 --> 01:26:53,720 Speaker 4: X rays. So Americans are paranoid the way Americans can 1840 01:26:53,800 --> 01:26:57,040 Speaker 4: only be paranoid about something they live with every day. 1841 01:26:57,840 --> 01:27:01,080 Speaker 4: But because of their paranoia, which is based on nothing factual, 1842 01:27:01,680 --> 01:27:05,040 Speaker 4: they've done nothing about the problem. How Americans that ate 1843 01:27:05,080 --> 01:27:05,960 Speaker 4: away from nine. 1844 01:27:07,479 --> 01:27:11,400 Speaker 1: Call the mic Costing Breakfast with Bailey News. 1845 01:27:11,320 --> 01:27:13,880 Speaker 4: Talks End Mike, you keep talking about resale value. You 1846 01:27:14,040 --> 01:27:18,280 Speaker 4: bought a Ferrari. The glasshouse has no window slift. 1847 01:27:18,320 --> 01:27:18,800 Speaker 10: No, no, no, no. 1848 01:27:19,000 --> 01:27:21,679 Speaker 4: Ferrari is a very good investment by in large. I've 1849 01:27:21,680 --> 01:27:23,400 Speaker 4: been lucky enough to have three of them over the years, 1850 01:27:23,439 --> 01:27:26,320 Speaker 4: and they they're better than a lot of cars. Let 1851 01:27:26,360 --> 01:27:28,400 Speaker 4: me tell you that much for nothing. Tires are a 1852 01:27:28,439 --> 01:27:32,280 Speaker 4: bit expensive. Filling them is quite expensive. You don't want 1853 01:27:32,320 --> 01:27:34,519 Speaker 4: to go anywhere close to trying to ensure them, of course. 1854 01:27:34,960 --> 01:27:37,400 Speaker 4: But apart from that, really cool five minutes away from. 1855 01:27:37,280 --> 01:27:43,120 Speaker 1: Nine trending now with Chemist ware House, Great savings every day. 1856 01:27:43,240 --> 01:27:48,080 Speaker 4: Right tech launch. Oh pope, they've got the xite Pro Global. 1857 01:27:47,920 --> 01:27:49,519 Speaker 26: Find xite Pro. I knew you're going to get the 1858 01:27:49,600 --> 01:27:49,800 Speaker 26: name of it. 1859 01:27:50,000 --> 01:27:50,719 Speaker 4: What the new find. 1860 01:27:51,000 --> 01:27:55,439 Speaker 26: It's called the find x A pro. It's not un 1861 01:27:55,439 --> 01:27:58,800 Speaker 26: new find the model is the Find x A pro. 1862 01:27:59,600 --> 01:28:02,040 Speaker 4: What Yes, a stupid name. 1863 01:28:02,360 --> 01:28:05,439 Speaker 26: That's what the namers and they held. There's been seven 1864 01:28:05,479 --> 01:28:05,880 Speaker 26: before it. 1865 01:28:06,000 --> 01:28:12,160 Speaker 4: So does at some point it become found Bali is 1866 01:28:12,160 --> 01:28:14,479 Speaker 4: where they launched it. Here's Billy Jane. 1867 01:28:14,720 --> 01:28:18,920 Speaker 15: As we entered the year of a Generative AI, we 1868 01:28:19,080 --> 01:28:24,200 Speaker 15: are community to make aiphones accessable to everyone. We are 1869 01:28:24,360 --> 01:28:28,120 Speaker 15: on the way to bring the generative AI futures to 1870 01:28:28,400 --> 01:28:32,280 Speaker 15: fifteen million up whole users worldwide within this year. 1871 01:28:33,479 --> 01:28:36,280 Speaker 4: Got a lot of cameras, not one, not two, not three, 1872 01:28:36,680 --> 01:28:44,320 Speaker 4: four fifty megapixel hessel Blad lenses. The hesslo Blad is 1873 01:28:44,360 --> 01:28:45,599 Speaker 4: that some people have seen. 1874 01:28:45,439 --> 01:28:48,720 Speaker 9: It really impressive pictures and the details that you get 1875 01:28:48,880 --> 01:28:51,560 Speaker 9: are great for telephoto. You actually get the options that 1876 01:28:51,640 --> 01:28:54,479 Speaker 9: either three or six times, and both of these capture 1877 01:28:54,640 --> 01:28:57,960 Speaker 9: some great photo. You get AI telescope zoom, which kicks 1878 01:28:58,000 --> 01:29:00,960 Speaker 9: in after ten times, and the AI here helps enhance 1879 01:29:01,080 --> 01:29:03,800 Speaker 9: that photo and at lower zooms. This does a really 1880 01:29:03,880 --> 01:29:06,479 Speaker 9: good job and it can do a good job as well. 1881 01:29:06,600 --> 01:29:07,880 Speaker 9: It's sixty times zoom. 1882 01:29:08,000 --> 01:29:10,599 Speaker 4: Wow. It's really cheap too. It's only twenty two hundred 1883 01:29:10,600 --> 01:29:13,960 Speaker 4: and ninety nine dollars. What a bargain, But because it's 1884 01:29:14,000 --> 01:29:18,559 Speaker 4: so unbelievably expensive, they also throw in a free smart 1885 01:29:18,600 --> 01:29:21,280 Speaker 4: watch called the find Watch. Is it the fine Watch now? 1886 01:29:21,320 --> 01:29:22,519 Speaker 26: It's actually the Watch X. 1887 01:29:22,680 --> 01:29:26,080 Speaker 4: Of course, watch X watches six hundred bucks, so they 1888 01:29:26,160 --> 01:29:28,800 Speaker 4: toss it in for nothing. There you go, and there 1889 01:29:28,840 --> 01:29:31,080 Speaker 4: has asked for the day back. Tomorrow morning from six 1890 01:29:31,080 --> 01:29:33,320 Speaker 4: o'clock is always Happy Days. 1891 01:29:36,960 --> 01:29:39,840 Speaker 1: For more from the mic Asking Breakfast, listen live to 1892 01:29:40,000 --> 01:29:43,040 Speaker 1: news talks it'd be from six am weekdays, or follow 1893 01:29:43,080 --> 01:29:44,640 Speaker 1: the podcast on iHeartRadio