1 00:00:00,280 --> 00:00:04,240 Speaker 1: New Zealand's home for trusted news and views, The Mike 2 00:00:04,360 --> 00:00:08,200 Speaker 1: Hosking Breakfast with the range Rover, the la designed to 3 00:00:08,320 --> 00:00:11,120 Speaker 1: intrigue and use Togstad b Well, we welcome today. 4 00:00:10,880 --> 00:00:13,159 Speaker 2: The wet bus ticket that was delivered on supermarkets and 5 00:00:13,160 --> 00:00:14,960 Speaker 2: where the governments really should be in the business of 6 00:00:15,000 --> 00:00:18,600 Speaker 2: constant threats to industries, A new insights into our economy 7 00:00:18,600 --> 00:00:20,520 Speaker 2: and how it's tracking. Got new owners for the Breakers 8 00:00:20,600 --> 00:00:23,560 Speaker 2: basketball team. The PM has decided he likes Mondays better 9 00:00:23,600 --> 00:00:26,160 Speaker 2: than Tuesdays. The lads in the commentary box after eight 10 00:00:26,239 --> 00:00:29,200 Speaker 2: Richard arldsde Price they mixed it up as well, pasking 11 00:00:29,360 --> 00:00:31,120 Speaker 2: right now, let's get into it seven past six. If 12 00:00:31,160 --> 00:00:33,519 Speaker 2: you paid close attention, the first thing you would have 13 00:00:33,560 --> 00:00:35,720 Speaker 2: noticed about last night's game was how wet it was. 14 00:00:35,760 --> 00:00:38,479 Speaker 2: The East Coast of Australia's had a shocking summer, and 15 00:00:38,600 --> 00:00:41,400 Speaker 2: not just the headline grabbing storms, but just generally it's 16 00:00:41,520 --> 00:00:44,120 Speaker 2: rained a lot meantime, and I don't want to upset 17 00:00:44,120 --> 00:00:46,320 Speaker 2: the farmers, but meantime we've had this summer to remember 18 00:00:46,320 --> 00:00:48,599 Speaker 2: in this part of the world. So against the Tigers 19 00:00:49,000 --> 00:00:51,360 Speaker 2: it was wet and slippery, which didn't ironically stop at 20 00:00:51,400 --> 00:00:53,800 Speaker 2: being an open and free flowing game. Not just that, 21 00:00:53,880 --> 00:00:55,840 Speaker 2: but a pretty high scoring one as well. You would 22 00:00:55,880 --> 00:00:57,800 Speaker 2: have thought the West Tigers might have been a little 23 00:00:57,800 --> 00:01:00,720 Speaker 2: bit easier than they were. You might have thought of 24 00:01:00,760 --> 00:01:02,960 Speaker 2: the past three weeks, this was the one you could 25 00:01:03,000 --> 00:01:05,600 Speaker 2: bank the two points on. But well, that's the NRL, 26 00:01:05,680 --> 00:01:07,840 Speaker 2: isn't it. It really turns out the way you thought. But 27 00:01:07,880 --> 00:01:10,039 Speaker 2: when you talk of the past three games, what we 28 00:01:10,080 --> 00:01:12,400 Speaker 2: can now say, and we alluded to it last week, 29 00:01:12,480 --> 00:01:14,360 Speaker 2: is that Vegas was clearly won out of the box. 30 00:01:14,440 --> 00:01:17,520 Speaker 2: Vegas was not representative in any way, shape or form 31 00:01:17,560 --> 00:01:19,480 Speaker 2: of what was to unfold the season, or did it 32 00:01:19,520 --> 00:01:22,160 Speaker 2: represent where we're at as a team. And where we 33 00:01:22,200 --> 00:01:25,160 Speaker 2: are at as a team is three in a row, 34 00:01:25,600 --> 00:01:27,559 Speaker 2: in the top eight, in fact, in the top six, 35 00:01:27,720 --> 00:01:29,440 Speaker 2: and just two points off the top of the tipity 36 00:01:29,480 --> 00:01:32,600 Speaker 2: top of the table. Yes, early days, but you can 37 00:01:32,640 --> 00:01:34,600 Speaker 2: only win the games you're given, and we've won seventy 38 00:01:34,600 --> 00:01:36,600 Speaker 2: five percent of them. And as open and easy as 39 00:01:36,600 --> 00:01:39,240 Speaker 2: some of the tries we let leak last night, we 40 00:01:39,280 --> 00:01:41,680 Speaker 2: more than return Fabor, indicating that if you're going to 41 00:01:41,680 --> 00:01:43,560 Speaker 2: toss the ball about in the rain, things can get 42 00:01:43,600 --> 00:01:45,760 Speaker 2: free and easy. There were at least a couple of 43 00:01:46,000 --> 00:01:48,640 Speaker 2: highlight tries, one basically the length of the field. A 44 00:01:48,720 --> 00:01:51,000 Speaker 2: late penalty got us across the line in that did 45 00:01:51,080 --> 00:01:53,200 Speaker 2: it really need to be as tight as it was? 46 00:01:53,480 --> 00:01:56,480 Speaker 2: Sort of way, But to travel to play bollocks and 47 00:01:56,480 --> 00:02:00,160 Speaker 2: bollocks conditions, to play open and running rugby league to 48 00:02:00,200 --> 00:02:01,840 Speaker 2: chalk up another win is all you can ask of 49 00:02:01,880 --> 00:02:04,040 Speaker 2: any side, given it didn't start until late. By the way, 50 00:02:04,200 --> 00:02:05,840 Speaker 2: people who get up at two thirty in the morning 51 00:02:05,840 --> 00:02:07,480 Speaker 2: didn't see it livee So I watched it in nearly 52 00:02:07,520 --> 00:02:09,360 Speaker 2: hours of a Monday morning. What a way to start 53 00:02:09,400 --> 00:02:12,720 Speaker 2: the week. What a win, What a team and top 54 00:02:12,760 --> 00:02:15,280 Speaker 2: six two points off the tippity top of the table 55 00:02:15,280 --> 00:02:17,960 Speaker 2: that I mentioned that come on. Evidence is now mounting 56 00:02:18,240 --> 00:02:21,079 Speaker 2: incrementally that this is our. 57 00:02:21,000 --> 00:02:26,320 Speaker 1: Year news of the world. 58 00:02:26,760 --> 00:02:28,840 Speaker 3: In ninety second, I'll focus now on. 59 00:02:28,720 --> 00:02:36,000 Speaker 2: What is a desperate search for survivors in me and 60 00:02:36,080 --> 00:02:39,480 Speaker 2: Man Bangkok. Those with missing friends or relatives are praying. 61 00:02:41,240 --> 00:02:43,240 Speaker 4: They can't find her. 62 00:02:43,320 --> 00:02:45,520 Speaker 3: She says she's an electrician. 63 00:02:46,000 --> 00:02:49,400 Speaker 2: She's still stuck in Britain. The government of hosting a 64 00:02:49,560 --> 00:02:52,320 Speaker 2: what to do about the boat crisis chet They, like 65 00:02:52,400 --> 00:02:53,560 Speaker 2: everyone else, blame the games. 66 00:02:53,639 --> 00:02:56,880 Speaker 5: You know, the criminal gangs, which our summit this week 67 00:02:56,960 --> 00:02:57,639 Speaker 5: is going to be about. 68 00:02:57,800 --> 00:02:59,120 Speaker 3: The criminal gangs who. 69 00:02:58,919 --> 00:03:02,840 Speaker 5: Are operating are offered offering people fake employment in the UK. 70 00:03:03,160 --> 00:03:05,639 Speaker 2: Also in the UK is the prospect of Coono MacGregor 71 00:03:05,760 --> 00:03:08,600 Speaker 2: running for president. We put this to Bob Gildoff last week. 72 00:03:08,600 --> 00:03:10,919 Speaker 2: He called him acreep. They Wilso been asking the views 73 00:03:10,960 --> 00:03:11,400 Speaker 2: of in peace. 74 00:03:11,480 --> 00:03:14,200 Speaker 6: One and thirty four got back to us and of 75 00:03:14,360 --> 00:03:18,240 Speaker 6: those zero said they would support a McGregor run. Not 76 00:03:18,320 --> 00:03:21,600 Speaker 6: a hope in hell, said one. Cabinet minister. Couldn't think 77 00:03:21,639 --> 00:03:24,760 Speaker 6: of anyone worse, said one, while another add it on 78 00:03:24,840 --> 00:03:27,320 Speaker 6: behalf of the women of Irelands he can bath. 79 00:03:28,080 --> 00:03:31,359 Speaker 2: So Bob was clearly on the money. In Royal ishu News, 80 00:03:31,440 --> 00:03:34,960 Speaker 2: turns out Harry and Meghan's beleagued reputation is more trouble, 81 00:03:35,240 --> 00:03:36,839 Speaker 2: with the head of his charity letting rip. 82 00:03:37,040 --> 00:03:41,000 Speaker 7: At some point on Tuesday, Prince Harry authorized the release 83 00:03:41,360 --> 00:03:45,480 Speaker 7: of a damaging piece of news to the outside world 84 00:03:45,880 --> 00:03:50,000 Speaker 7: without informing me all my country directors. That is an 85 00:03:50,040 --> 00:03:52,680 Speaker 7: example of harassment and. 86 00:03:52,600 --> 00:03:55,040 Speaker 2: In the States of the Education, Secretary of Missus McMahon, 87 00:03:55,080 --> 00:03:57,680 Speaker 2: previously best known for being married to a mister McMahon 88 00:03:57,920 --> 00:03:59,840 Speaker 2: and spending time in a wrestling ring is taking care 89 00:03:59,880 --> 00:04:01,400 Speaker 2: of funding at various universities. 90 00:04:01,480 --> 00:04:04,520 Speaker 4: He expects that students who are going to universities can 91 00:04:04,560 --> 00:04:08,600 Speaker 4: go to a safe campus without discrimination. What we saw 92 00:04:08,640 --> 00:04:12,960 Speaker 4: across Columbia and other universities was that the universities were 93 00:04:13,000 --> 00:04:13,920 Speaker 4: not living up to that. 94 00:04:14,560 --> 00:04:16,640 Speaker 2: Finally, piece of Indian art which was on a wall 95 00:04:16,680 --> 00:04:18,760 Speaker 2: in the hospital in norway's been sold for a fortune. 96 00:04:18,800 --> 00:04:21,520 Speaker 2: It was a fourteen foot untitled oil on campus mural 97 00:04:21,800 --> 00:04:26,320 Speaker 2: by an mis MTh Hussein mf is Machbulfeda and he 98 00:04:26,360 --> 00:04:28,360 Speaker 2: died in twenty eleven at the age of ninety five. 99 00:04:28,400 --> 00:04:31,120 Speaker 2: He started the Bombay Progressive's art group Big Deal in 100 00:04:31,160 --> 00:04:34,039 Speaker 2: the modernist movement of the forties. Painted in the Cubis style. Anyway, 101 00:04:34,080 --> 00:04:36,000 Speaker 2: somebody goes, what do you reckon that's worth? So they 102 00:04:36,000 --> 00:04:38,200 Speaker 2: give it to Christie's who flickered off for twenty four million, 103 00:04:38,800 --> 00:04:41,120 Speaker 2: the most expensive Indian arity ever sold. Previous record was 104 00:04:41,160 --> 00:04:45,000 Speaker 2: thirteen Here's the World in ninety Mister Trump's been on 105 00:04:45,040 --> 00:04:47,360 Speaker 2: the phone. He's been on the phone to NBC and 106 00:04:47,440 --> 00:04:50,160 Speaker 2: he said he's quote very angry and quote piste Off, 107 00:04:50,520 --> 00:04:53,240 Speaker 2: who with Putin and if Putin doesn't get his act 108 00:04:53,279 --> 00:04:55,960 Speaker 2: together on this business, he's going to remain quote very 109 00:04:56,000 --> 00:04:58,040 Speaker 2: angry and quote very pissed off, and then he's going 110 00:04:58,080 --> 00:05:00,279 Speaker 2: to slap another twenty five percent on the oil, twenty 111 00:05:00,320 --> 00:05:02,440 Speaker 2: five percent on twenty five, so that'll be fifty percent. 112 00:05:02,520 --> 00:05:07,440 Speaker 2: So Donnie's not happy. This morning, twelve past six, the. 113 00:05:07,520 --> 00:05:12,320 Speaker 1: Mike Hosking Breakfast Full Show podcast on iHeartRadio powered by 114 00:05:12,360 --> 00:05:13,200 Speaker 1: News Talks. 115 00:05:12,920 --> 00:05:18,279 Speaker 2: EPPI inflation read a little hotter in the US will 116 00:05:18,440 --> 00:05:20,000 Speaker 2: cover that off you in a moment. And we've got 117 00:05:20,000 --> 00:05:22,200 Speaker 2: some news out of China e commerce. The big players 118 00:05:22,200 --> 00:05:24,960 Speaker 2: in the e commerce area are talking about a stronger 119 00:05:25,080 --> 00:05:27,600 Speaker 2: year on year revenue growth in the last three months 120 00:05:27,600 --> 00:05:31,280 Speaker 2: of twenty twenty four. There's a recovery and consumption growth 121 00:05:31,640 --> 00:05:35,040 Speaker 2: not back to pre pandemic levels, but we'll take anything 122 00:05:35,040 --> 00:05:39,040 Speaker 2: we can get. In fifteen past six, when we haven 123 00:05:39,120 --> 00:05:42,600 Speaker 2: puns management, Greg Smith, Morning to you more if you 124 00:05:42,800 --> 00:05:45,640 Speaker 2: like now. Consumer confidence here didn't look too good. 125 00:05:47,000 --> 00:05:48,479 Speaker 8: No, it's pretty mut it really, So this is the 126 00:05:48,480 --> 00:05:51,279 Speaker 8: A and Z Roy Morgan consumer confidence the next that 127 00:05:52,040 --> 00:05:54,359 Speaker 8: was down four points to ninety three point two in March. 128 00:05:54,440 --> 00:05:57,600 Speaker 8: That declined across nearly all components, So the report was 129 00:05:57,640 --> 00:06:00,600 Speaker 8: actually told a bit of a slog. You look at 130 00:06:00,600 --> 00:06:03,880 Speaker 8: a net sixteen percent of households disagree that's a good 131 00:06:03,880 --> 00:06:06,719 Speaker 8: time to buy a major household item, and that's pretty 132 00:06:06,720 --> 00:06:09,440 Speaker 8: good in the indicative retail sentiment. But interesting it went 133 00:06:09,520 --> 00:06:11,640 Speaker 8: up for people with mortgages, so that's a yes about 134 00:06:11,640 --> 00:06:15,840 Speaker 8: people coming off their lower rates. Perceptions of confidential situations 135 00:06:15,920 --> 00:06:19,279 Speaker 8: that foul as well, but a net sixteen percent expect 136 00:06:19,320 --> 00:06:20,839 Speaker 8: to be better off for this time next year, so 137 00:06:20,839 --> 00:06:23,760 Speaker 8: it was a positive thing. Perceptions going to the economic 138 00:06:23,760 --> 00:06:26,680 Speaker 8: outlook and twelve month's time that eased as well, though 139 00:06:26,720 --> 00:06:30,320 Speaker 8: house price inflation and expectations that lifted slightly three point 140 00:06:30,320 --> 00:06:32,719 Speaker 8: four percent. The other interesting thing I think was inflation 141 00:06:32,839 --> 00:06:36,039 Speaker 8: expectations generally is that rose point two percentage points to 142 00:06:36,080 --> 00:06:38,800 Speaker 8: four point two percent, so well, that's a small increase. 143 00:06:38,839 --> 00:06:41,880 Speaker 8: It's actually the first time since June last year and 144 00:06:42,000 --> 00:06:44,320 Speaker 8: it's been above four percent, so quite possibly. I suppose all 145 00:06:44,360 --> 00:06:47,479 Speaker 8: this talk around tariffs is having an impact on the 146 00:06:47,520 --> 00:06:49,400 Speaker 8: situation of who don't know how that's all going to 147 00:06:49,400 --> 00:06:51,920 Speaker 8: play it for us, But over all, you and consumes 148 00:06:52,040 --> 00:06:54,600 Speaker 8: seem pretty guarded, although some retails are telling a slightly 149 00:06:54,600 --> 00:06:58,000 Speaker 8: different story. So also on Friday we had Helenstein Glassons. 150 00:06:58,000 --> 00:06:59,440 Speaker 8: They are out with numbers for the half a year 151 00:06:59,440 --> 00:07:01,599 Speaker 8: and they see that there's half your sales are up 152 00:07:01,680 --> 00:07:03,960 Speaker 8: seven point seven percent to two hundred and forty million 153 00:07:04,440 --> 00:07:07,440 Speaker 8: net after tax that ticked up to twenty one million margins. 154 00:07:07,480 --> 00:07:08,800 Speaker 8: Of these debits, I suppose it's a bit like we're 155 00:07:08,800 --> 00:07:11,160 Speaker 8: seeing with other retailers and they having a discount to 156 00:07:11,200 --> 00:07:13,760 Speaker 8: get more shopp through the door. But another interesting thing 157 00:07:13,920 --> 00:07:18,080 Speaker 8: was the contrast between what's happening across the Tasman and 158 00:07:18,160 --> 00:07:20,680 Speaker 8: so you look at sales for Glassons in Australia up 159 00:07:20,840 --> 00:07:24,200 Speaker 8: sixteen percent, sales for Glassons and New Zealand were up 160 00:07:24,320 --> 00:07:26,840 Speaker 8: just zero point two percent. They bit of divergence counts 161 00:07:26,960 --> 00:07:29,560 Speaker 8: on sales are pretty flat. So just in terms of 162 00:07:29,600 --> 00:07:31,880 Speaker 8: an update, they said group sales the first seven weeks 163 00:07:32,240 --> 00:07:35,640 Speaker 8: five point four percent it had the same time last year, 164 00:07:35,640 --> 00:07:38,360 Speaker 8: but margins remained under pressure. So they having a discount 165 00:07:38,400 --> 00:07:40,480 Speaker 8: still and I suppose it goes all the sales signs 166 00:07:40,480 --> 00:07:42,360 Speaker 8: just seen up there around But she is up slightly 167 00:07:42,440 --> 00:07:43,640 Speaker 8: and are up thirty percent over. 168 00:07:43,600 --> 00:07:44,160 Speaker 3: The past year. 169 00:07:44,280 --> 00:07:46,760 Speaker 2: Okay, State side two point eight wasn't it. 170 00:07:47,560 --> 00:07:48,560 Speaker 9: Yeah, that's rights. 171 00:07:48,600 --> 00:07:52,240 Speaker 8: Inflation expectations are a ticking up. If we firstly look 172 00:07:52,280 --> 00:07:56,240 Speaker 8: at the University of Michigan survey, so consumer sentiment came 173 00:07:56,280 --> 00:07:58,840 Speaker 8: in at fifty seven, but you look at long term 174 00:07:58,880 --> 00:08:04,320 Speaker 8: inflation expectations that they searched him three point five percent 175 00:08:04,320 --> 00:08:06,120 Speaker 8: and Feurbrard four point one percent. 176 00:08:06,120 --> 00:08:06,440 Speaker 10: Of March. 177 00:08:06,520 --> 00:08:09,600 Speaker 8: The interesting thing here was you've got going up amongst 178 00:08:09,680 --> 00:08:13,560 Speaker 8: unindependence but also monks, Republicans, even Trump supporters also appreciate 179 00:08:13,600 --> 00:08:16,000 Speaker 8: the inflationary implications of what he's doing. So if you 180 00:08:16,000 --> 00:08:18,600 Speaker 8: look at expectations, Mike, they may actually not been this 181 00:08:18,840 --> 00:08:22,480 Speaker 8: high since early nineteen ninety three. And in terms of 182 00:08:22,600 --> 00:08:24,600 Speaker 8: you talk about the two point eight percent read that's 183 00:08:24,640 --> 00:08:29,120 Speaker 8: on the core personal consumption, expensures, pricing, accepts the Fed's 184 00:08:29,120 --> 00:08:31,720 Speaker 8: preferred inflation gage. It was also our fired and that 185 00:08:31,760 --> 00:08:34,280 Speaker 8: was also higher than forecasts, up point four percent for 186 00:08:34,360 --> 00:08:37,120 Speaker 8: the month. This is just all going to stoke concerns about, 187 00:08:37,160 --> 00:08:39,880 Speaker 8: you know, where inflation is go On the bright side, 188 00:08:39,920 --> 00:08:42,760 Speaker 8: consumer spending that's still strong, so that accelerated point four 189 00:08:42,800 --> 00:08:45,800 Speaker 8: percent for the month, and that's helped by rising personal incomes. 190 00:08:45,800 --> 00:08:47,959 Speaker 8: Although it does seem like us, they might be batting 191 00:08:48,040 --> 00:08:49,480 Speaker 8: down the hatches a little bit. So you look at 192 00:08:49,480 --> 00:08:52,840 Speaker 8: the personal savings rate that increased to four point six percent, 193 00:08:53,120 --> 00:08:55,320 Speaker 8: and that's also the highest since June last year. So 194 00:08:55,600 --> 00:08:59,559 Speaker 8: I suppose, you know, inflation expectations picking up, inflation, actual 195 00:08:59,600 --> 00:09:02,240 Speaker 8: inflation read quite high. You probably think the feed's going 196 00:09:02,280 --> 00:09:04,560 Speaker 8: to continue to adopt a wait and see approach. 197 00:09:04,760 --> 00:09:07,000 Speaker 2: Yeah, and as far as American retailers concerned, what do 198 00:09:07,080 --> 00:09:09,240 Speaker 2: we read into Lulu Lemon? Is that general or a 199 00:09:09,280 --> 00:09:11,760 Speaker 2: specific story? Oh, good old Lemon. 200 00:09:11,880 --> 00:09:14,240 Speaker 8: No, it's really sort of showing as well that the yeah, 201 00:09:13,800 --> 00:09:16,920 Speaker 8: the consumer you know, is still still resilient for now, 202 00:09:17,840 --> 00:09:20,440 Speaker 8: but yeah, that the expectations are not so great. So 203 00:09:20,520 --> 00:09:23,679 Speaker 8: Lulu Lemon she as they are actually down fifteen percent 204 00:09:23,800 --> 00:09:27,000 Speaker 8: on Fridays. The actual numbers weren't too bad, so yoga 205 00:09:27,000 --> 00:09:28,920 Speaker 8: pants are flying out the door. In the fourth quarter, 206 00:09:29,400 --> 00:09:31,480 Speaker 8: revenues up by four and a million to three point 207 00:09:31,520 --> 00:09:34,880 Speaker 8: six billion, needing come up twelve percent, but they said 208 00:09:34,880 --> 00:09:38,120 Speaker 8: that in terms of the current quarter they expect sales 209 00:09:38,120 --> 00:09:41,520 Speaker 8: to be two point three billions. It's a massive drop. 210 00:09:42,240 --> 00:09:44,760 Speaker 8: Margins are also set to fall as well. Traffic's down, 211 00:09:45,160 --> 00:09:48,280 Speaker 8: and you look at Interestingly, comparable sales in the America's 212 00:09:48,440 --> 00:09:51,880 Speaker 8: were flat. They are up twenty percent internationally, So you know, 213 00:09:51,960 --> 00:09:55,320 Speaker 8: Tom Walt Elvid's policies to make America greatagan and actually 214 00:09:55,360 --> 00:09:57,800 Speaker 8: are having the reverse effect. Actually did a survey as well. 215 00:09:58,200 --> 00:10:00,360 Speaker 8: They just found that consumers are spinning less due to 216 00:10:00,400 --> 00:10:03,640 Speaker 8: economic inflation concerns, and that is something that appears to 217 00:10:03,640 --> 00:10:06,319 Speaker 8: be affecting a lot of retailers, and so consumers appear 218 00:10:06,320 --> 00:10:08,160 Speaker 8: to be trading down. So it could be a two 219 00:10:08,520 --> 00:10:09,520 Speaker 8: few months a. 220 00:10:09,520 --> 00:10:12,760 Speaker 2: Year for some retailers. Okay, numbers please, yes, you're still 221 00:10:12,840 --> 00:10:13,320 Speaker 2: got the doubt. 222 00:10:13,360 --> 00:10:16,880 Speaker 8: That was down one point seven percent, four one five 223 00:10:16,880 --> 00:10:19,200 Speaker 8: out three S and P five hundred was down two percent. 224 00:10:19,480 --> 00:10:21,920 Speaker 8: NAI's deck down two point seven percent, So tech stocks 225 00:10:21,920 --> 00:10:24,400 Speaker 8: out of favor for two one hundred down point one percent, 226 00:10:24,520 --> 00:10:27,319 Speaker 8: Nike down one point eight percent, A sx two hundred, 227 00:10:27,400 --> 00:10:30,079 Speaker 8: Z point two percent seven nine eight two ins x 228 00:10:30,160 --> 00:10:32,520 Speaker 8: fifty we were a down point one five percent, twelve 229 00:10:32,559 --> 00:10:36,200 Speaker 8: to eight seven, Gold up twenty eight dollars threeenty eighty five, 230 00:10:36,240 --> 00:10:39,840 Speaker 8: and outsets a new record high a billion all down 231 00:10:39,920 --> 00:10:42,520 Speaker 8: fifty six cents sixty nine spot thirty six. Just in 232 00:10:42,559 --> 00:10:45,040 Speaker 8: the currencies, que against the US dollar that was down 233 00:10:45,080 --> 00:10:47,679 Speaker 8: point four percent, fifty seven point two, down slightly against 234 00:10:47,679 --> 00:10:51,040 Speaker 8: Aussie ninety point nine down also against the British pound 235 00:10:51,040 --> 00:10:54,000 Speaker 8: forty four point two. Japanese the end we're getting eighty 236 00:10:54,000 --> 00:10:56,160 Speaker 8: five point seven that was down one point two percent. 237 00:10:56,679 --> 00:10:59,080 Speaker 8: Just looking ahead to this week locally, we've got business confidence, 238 00:10:59,120 --> 00:11:01,199 Speaker 8: We've got building per it's we're gonna have a diary auction. 239 00:11:01,800 --> 00:11:04,840 Speaker 8: I'm shore RBA rate decision, got used non fun parials 240 00:11:04,920 --> 00:11:07,480 Speaker 8: and of course it is the big one April second 241 00:11:07,559 --> 00:11:10,840 Speaker 8: Liberation Day, sweeping tariffs, they're coming in. Let's see what 242 00:11:10,960 --> 00:11:11,760 Speaker 8: form you do. 243 00:11:11,800 --> 00:11:14,280 Speaker 2: Only make good to catch up. Greg Smith, Devon Funds Management. 244 00:11:14,320 --> 00:11:18,000 Speaker 2: By the way, pasking. First time in ten years, McDonald's 245 00:11:18,000 --> 00:11:20,720 Speaker 2: has reclaimed the title of the world's most valuable restaurant brand. 246 00:11:20,720 --> 00:11:22,920 Speaker 2: For the last eight years, it's been Starbucks year after 247 00:11:23,000 --> 00:11:26,079 Speaker 2: year after year, but the brand value jumps seven percent 248 00:11:26,080 --> 00:11:28,800 Speaker 2: for McDonald's. They're worth globally this is forty point five 249 00:11:28,840 --> 00:11:32,200 Speaker 2: and this is US dollars forty point five billion. Starbucks 250 00:11:32,280 --> 00:11:35,640 Speaker 2: are thirty six percent declined down to thirty eight point eight. 251 00:11:35,679 --> 00:11:37,520 Speaker 2: In the name you want to look out for stateside, 252 00:11:37,600 --> 00:11:42,080 Speaker 2: especially is luck and coffee. They've already overtaken them in China, 253 00:11:42,240 --> 00:11:44,960 Speaker 2: overtaken Starbucks in China, and they are going big. They're 254 00:11:44,960 --> 00:11:47,040 Speaker 2: bringing two dollar coffee to America. In the moment, you 255 00:11:47,040 --> 00:11:49,120 Speaker 2: bring two dollar coffee to America. It's all on six 256 00:11:49,240 --> 00:12:00,640 Speaker 2: twenty one and a half. You're a news talk zbo. 257 00:11:57,520 --> 00:12:02,040 Speaker 1: The Vike Asking Breakfast Full Show podcast on iHeartRadio powered 258 00:12:02,040 --> 00:12:03,000 Speaker 1: by News Talks at B. 259 00:12:04,840 --> 00:12:07,520 Speaker 2: Two poles out of Australia this morning both say the 260 00:12:07,559 --> 00:12:12,720 Speaker 2: same thing and it's a good indicational warning as why 261 00:12:12,840 --> 00:12:14,800 Speaker 2: midterms say, in a place like New Zealand, you don't 262 00:12:14,800 --> 00:12:16,679 Speaker 2: want to look at the poles and necessarily believe them 263 00:12:16,760 --> 00:12:20,400 Speaker 2: or country through the numbers. Shortly meantime, in Greenland, yes, 264 00:12:20,480 --> 00:12:22,439 Speaker 2: JD was there over the weekend, but they formed a 265 00:12:22,480 --> 00:12:25,600 Speaker 2: government as well, which remarkably wasn't really covered. So the 266 00:12:25,640 --> 00:12:27,320 Speaker 2: coalition agreement, they had the vote and then they were 267 00:12:27,360 --> 00:12:28,599 Speaker 2: sort of sorting out what they were going to do. 268 00:12:28,640 --> 00:12:30,880 Speaker 2: It's going to be hit above. The Democrats' leader, youngs 269 00:12:30,920 --> 00:12:37,040 Speaker 2: Frederick Nielsen, Conservative, roughly pro business and they favor gradual 270 00:12:37,120 --> 00:12:41,720 Speaker 2: independence from Denmark. Biggest party. Tripled their representation to ten seats, 271 00:12:41,720 --> 00:12:45,280 Speaker 2: but they got the government sorted for now anyway six twenty. 272 00:12:45,040 --> 00:12:50,119 Speaker 1: Five trending now with chemist Wells keeping Kiwi's healthy. 273 00:12:50,000 --> 00:12:52,080 Speaker 2: All year round and as we hit to Japan this 274 00:12:52,120 --> 00:12:54,720 Speaker 2: weekend for Ray three in the F one enter James Cooker. 275 00:12:54,880 --> 00:12:57,640 Speaker 2: He is loosely defined as an influencer and what he 276 00:12:57,760 --> 00:13:01,840 Speaker 2: calls dumb motorsport content. So he's got a song about 277 00:13:01,840 --> 00:13:04,240 Speaker 2: the Red Bull seats. It is being viewed so far 278 00:13:04,360 --> 00:13:07,040 Speaker 2: this morning twenty one and a half million times. 279 00:13:07,080 --> 00:13:10,160 Speaker 11: Gold heard Christian klein Lewis has split half the time. 280 00:13:10,360 --> 00:13:14,280 Speaker 11: Dorn Boss Mark Webber and Inspector said that the one 281 00:13:14,400 --> 00:13:16,800 Speaker 11: four straight years drove through all the booze and cheers. 282 00:13:16,800 --> 00:13:18,400 Speaker 2: Then Danny reck kibiyat. 283 00:13:18,600 --> 00:13:21,640 Speaker 11: Then it's time for super Max super Max Ricardo. 284 00:13:21,920 --> 00:13:23,400 Speaker 12: That perin was quite a show. 285 00:13:23,640 --> 00:13:26,559 Speaker 11: Danny Rick leaves Red Bull for the frenchees at Reno. 286 00:13:26,840 --> 00:13:29,800 Speaker 12: Then it's ghastly Albano, both of them and No Go 287 00:13:30,200 --> 00:13:33,079 Speaker 12: finally replaced by a man named check Go. 288 00:13:33,520 --> 00:13:37,800 Speaker 11: These are the Red Bull Drivers. They get swamped midseas 289 00:13:37,960 --> 00:13:42,400 Speaker 11: and for no good reason. These are the Red Bull drivers. 290 00:13:43,200 --> 00:13:46,120 Speaker 11: They thought they made it. Now the kind of hate 291 00:13:46,200 --> 00:13:48,280 Speaker 11: and Lawson gets the Red Bull seat. 292 00:13:48,400 --> 00:13:49,880 Speaker 2: The big team then gets corfeet. 293 00:13:49,920 --> 00:13:50,400 Speaker 13: They due to. 294 00:13:50,440 --> 00:13:53,520 Speaker 12: Swap news, the drop, damn, the songs of stop. Now 295 00:13:53,559 --> 00:13:56,480 Speaker 12: it's Yuki's turned to drive, hoping that he can't survive 296 00:13:56,679 --> 00:14:04,120 Speaker 12: and keep his Formula one career a lot. 297 00:14:05,440 --> 00:14:07,439 Speaker 2: How is it possible that's got twenty one and a 298 00:14:07,440 --> 00:14:13,400 Speaker 2: half million views. That's just a talentless, gormless idiot in 299 00:14:13,440 --> 00:14:14,040 Speaker 2: his bedroom. 300 00:14:14,240 --> 00:14:16,400 Speaker 14: It's probably one of those most important people in the world. 301 00:14:16,800 --> 00:14:21,440 Speaker 2: Fitchers cut the growth forecast for the US both the 302 00:14:21,560 --> 00:14:24,200 Speaker 2: US twenty five growth forecast to one point seven from 303 00:14:24,200 --> 00:14:27,920 Speaker 2: two point one. The global economic outlook the geo ARE 304 00:14:27,920 --> 00:14:31,120 Speaker 2: twenty six forecast from one point seven to one point five. 305 00:14:31,160 --> 00:14:34,560 Speaker 2: This is tariff's fiscal easing in China and Germany will 306 00:14:34,560 --> 00:14:38,280 Speaker 2: cushion the impact of the high US input tariffs. They 307 00:14:38,320 --> 00:14:42,720 Speaker 2: expect Mexico and Canada to experience a recession size and 308 00:14:42,760 --> 00:14:45,080 Speaker 2: speed and breadth of the US tariff high announcement since 309 00:14:45,160 --> 00:14:50,560 Speaker 2: January is their words staggering. As for the UK word 310 00:14:50,600 --> 00:14:53,720 Speaker 2: this morning, they're going to go retaliatory. How they're going 311 00:14:53,800 --> 00:14:56,800 Speaker 2: to go retaliatory is an open question, but they're praying 312 00:14:56,880 --> 00:14:59,720 Speaker 2: they can get an exemption. If they don't, it could 313 00:14:59,760 --> 00:15:01,560 Speaker 2: be all all on. So it's going to be a 314 00:15:01,560 --> 00:15:03,320 Speaker 2: fascinating week news for you. 315 00:15:03,600 --> 00:15:08,280 Speaker 1: In a couple of moments, setting the agenda and talking 316 00:15:08,320 --> 00:15:12,280 Speaker 1: the big issues. The mic costing Breakfast with Bailey's real 317 00:15:12,360 --> 00:15:16,840 Speaker 1: estate altogether better across residential, commercial, and rural news, togs 318 00:15:16,880 --> 00:15:17,560 Speaker 1: Head been Mike. 319 00:15:17,480 --> 00:15:20,040 Speaker 2: Peter Dutton's way too weird even for Australians. Well, the 320 00:15:20,040 --> 00:15:22,880 Speaker 2: Poles might back you up, my friend. They've swung to labor. 321 00:15:22,960 --> 00:15:27,080 Speaker 2: Both Poles have swung to labor, and noticeably Labor and 322 00:15:27,080 --> 00:15:30,280 Speaker 2: the Coalition fifty points each on two party preferred this 323 00:15:30,400 --> 00:15:32,400 Speaker 2: first one. I'll give you as the result. Political Monitor 324 00:15:32,440 --> 00:15:35,520 Speaker 2: this morning Albanzy lead over Dutton for properred pimements to 325 00:15:35,600 --> 00:15:38,840 Speaker 2: forty two to thirty three. Labour's increased the primary vote 326 00:15:38,840 --> 00:15:42,120 Speaker 2: twenty five to twenty nine. Coalition has slipped from thirty 327 00:15:42,200 --> 00:15:45,560 Speaker 2: nine to thirty seven. When the preferences are allocated the 328 00:15:45,560 --> 00:15:47,840 Speaker 2: way they flowed last time, Labour has a narrow lead 329 00:15:47,840 --> 00:15:50,640 Speaker 2: fifty one to forty nine. The budget didn't go well 330 00:15:50,640 --> 00:15:52,360 Speaker 2: for the Only twenty eight percent said it was good 331 00:15:52,360 --> 00:15:55,120 Speaker 2: for them and their household. Household, which is down from 332 00:15:55,200 --> 00:15:58,680 Speaker 2: forty percent at the same time last year. So major 333 00:15:58,800 --> 00:16:01,600 Speaker 2: movement to towards the government. I'll give you the second 334 00:16:01,600 --> 00:16:08,080 Speaker 2: one in a moment twenty three to seven Liberation Day Wednesday. 335 00:16:08,960 --> 00:16:11,320 Speaker 2: Richard Arnold with more on that shortly. Meantime, speaking of 336 00:16:11,400 --> 00:16:13,800 Speaker 2: the economy, back to your new data into our economy, 337 00:16:13,840 --> 00:16:17,280 Speaker 2: ASB sees some stabilization driven by those interest rates the 338 00:16:17,280 --> 00:16:20,000 Speaker 2: primary sector and some rising consumers spending. But for the 339 00:16:20,080 --> 00:16:23,160 Speaker 2: car nuts, we are, according to ASB, a toyota press 340 00:16:23,320 --> 00:16:25,560 Speaker 2: as opposed to a Ferrari four to fifty eight the asbeachief. 341 00:16:25,560 --> 00:16:27,920 Speaker 2: Economist Nick Toughley's with us. Nick, very good morning to you. 342 00:16:28,520 --> 00:16:31,920 Speaker 2: Good morning now. Q four zero point seven a little 343 00:16:31,960 --> 00:16:33,720 Speaker 2: higher than we thought, a little better than we thought 344 00:16:33,760 --> 00:16:35,520 Speaker 2: in terms of GDP growth. What do you think for 345 00:16:35,600 --> 00:16:37,160 Speaker 2: Q one, which we're just ending today. 346 00:16:38,400 --> 00:16:41,240 Speaker 15: Yeah, well, we think the payful of slower bits down 347 00:16:41,280 --> 00:16:43,800 Speaker 15: to about zero point four percent over the quarters in 348 00:16:43,840 --> 00:16:45,800 Speaker 15: the first half of the year and then picked back up. 349 00:16:45,880 --> 00:16:48,120 Speaker 15: So some of what drove growth at the end of 350 00:16:48,160 --> 00:16:51,920 Speaker 15: last year is a little bit unsustainable. It's partly been 351 00:16:51,960 --> 00:16:54,200 Speaker 15: because we had some very good dairying weather and that 352 00:16:54,320 --> 00:16:56,440 Speaker 15: helped the dairy production, and we had a pretty good 353 00:16:56,440 --> 00:16:57,560 Speaker 15: tourism season as well. 354 00:16:57,560 --> 00:16:58,520 Speaker 10: Which was very helpful. 355 00:16:58,720 --> 00:17:01,560 Speaker 2: How big is the primary sector and if it fell over, 356 00:17:01,680 --> 00:17:02,520 Speaker 2: would we fall over? 357 00:17:04,400 --> 00:17:07,879 Speaker 15: It's making a significant difference. But what we've also got 358 00:17:07,880 --> 00:17:10,840 Speaker 15: to remember is is not just primary. We're seeing ongo 359 00:17:10,920 --> 00:17:13,800 Speaker 15: and recovery and tourism market, so particularly the Chinese market 360 00:17:13,800 --> 00:17:16,920 Speaker 15: has started to pick up now and increasingly this year. 361 00:17:16,960 --> 00:17:20,200 Speaker 15: It's sort of slow consumer starting to get into life. 362 00:17:20,240 --> 00:17:23,200 Speaker 15: But if we hadn't had a really strong sort of 363 00:17:23,280 --> 00:17:26,240 Speaker 15: export performance late last year, we would have had some 364 00:17:26,280 --> 00:17:27,920 Speaker 15: pretty flat growth at the end of last year. 365 00:17:28,040 --> 00:17:30,600 Speaker 2: How confident are you in what we see in the 366 00:17:30,600 --> 00:17:32,359 Speaker 2: world at the moment, given that what we see in 367 00:17:32,359 --> 00:17:34,919 Speaker 2: the world may change tomorrow, if not by lunchtime. 368 00:17:36,720 --> 00:17:42,560 Speaker 15: Well, some of those things like the dairy meat, some 369 00:17:42,600 --> 00:17:44,879 Speaker 15: of that tourism we should see that continue to do 370 00:17:45,240 --> 00:17:49,439 Speaker 15: reasonably well. What's really going to depend for us is 371 00:17:49,480 --> 00:17:52,040 Speaker 15: just how widespread any tariffs are going to be. So 372 00:17:52,200 --> 00:17:55,400 Speaker 15: our colleagues at CBA did some good analysis and depending 373 00:17:55,400 --> 00:17:58,160 Speaker 15: on the scenarios that we see, if you just get 374 00:17:58,520 --> 00:18:02,200 Speaker 15: fairly selective, tariffs could be for New Zealand just one 375 00:18:02,280 --> 00:18:04,680 Speaker 15: or two tenths percent off our GDP. But if you 376 00:18:04,760 --> 00:18:07,919 Speaker 15: had say twenty percent tariff, right across the board on 377 00:18:08,000 --> 00:18:11,280 Speaker 15: all US imports and that could hit our GDP by 378 00:18:11,320 --> 00:18:13,840 Speaker 15: about three quarters percent. So it really does depend on 379 00:18:13,880 --> 00:18:17,560 Speaker 15: the details that come out. One thing I think for 380 00:18:17,680 --> 00:18:21,639 Speaker 15: us to bear in mind is we're pretty small, so 381 00:18:21,680 --> 00:18:24,639 Speaker 15: we may go under the radar and some of our 382 00:18:24,720 --> 00:18:27,320 Speaker 15: key exports, things like meat, a lot of it goes 383 00:18:27,359 --> 00:18:30,800 Speaker 15: into hamburgers and just the proportion of what goes into 384 00:18:30,840 --> 00:18:34,959 Speaker 15: the final consumer out of New Zealand. Hopefully the wouldn't 385 00:18:34,960 --> 00:18:37,240 Speaker 15: be too much of a price impact for them even 386 00:18:37,240 --> 00:18:38,960 Speaker 15: if we had things like meat tariff. 387 00:18:39,440 --> 00:18:42,000 Speaker 2: Does that depend on how people react, because I'm just 388 00:18:42,040 --> 00:18:44,960 Speaker 2: reading this morning the UK are trying desperately to carve 389 00:18:45,000 --> 00:18:47,840 Speaker 2: out some sort of exemption. Assuming they don't. The word 390 00:18:47,880 --> 00:18:50,560 Speaker 2: is from Downing Street they're going to retaliate if the 391 00:18:50,560 --> 00:18:54,159 Speaker 2: whole world retaliates and America retaliates on the retaliation, is 392 00:18:54,160 --> 00:18:54,639 Speaker 2: it all. 393 00:18:54,520 --> 00:18:58,040 Speaker 15: On lo That does mean that the impacts could be 394 00:18:58,600 --> 00:19:00,879 Speaker 15: a lot bigger if you go through and do that. 395 00:19:01,119 --> 00:19:03,600 Speaker 15: So we'll have to be thinking through here in New Zealand. 396 00:19:03,760 --> 00:19:06,600 Speaker 15: How will some of our actually trading partners slow down? 397 00:19:07,160 --> 00:19:11,600 Speaker 15: For one, what will happen with inflation globally? Also, what 398 00:19:11,680 --> 00:19:15,920 Speaker 15: benefits may they be because we may find, given an example, 399 00:19:16,280 --> 00:19:19,800 Speaker 15: if Canada is struggling to sell maple syrup and bacon 400 00:19:19,920 --> 00:19:23,720 Speaker 15: into the US and China's struggling to sell evs, we 401 00:19:23,840 --> 00:19:26,120 Speaker 15: may see a lot of cheap product coming our way 402 00:19:26,200 --> 00:19:28,640 Speaker 15: as well. So all those things to throw into the mix. 403 00:19:28,880 --> 00:19:30,879 Speaker 2: Okay, and this is all predicated. I take it on 404 00:19:30,880 --> 00:19:33,200 Speaker 2: the RB moving in April and May, and we're done. 405 00:19:34,359 --> 00:19:36,680 Speaker 15: That's what we expect. We'll get two more rate cuts. 406 00:19:36,720 --> 00:19:38,680 Speaker 15: I think the thing is on the global front, if 407 00:19:39,080 --> 00:19:43,560 Speaker 15: things get stickier, you'll see the reserve being here likely 408 00:19:43,640 --> 00:19:46,960 Speaker 15: cut more. And the other thing also is that governments 409 00:19:47,040 --> 00:19:49,840 Speaker 15: are likely, if the impacts of tariff's likely be bigger, 410 00:19:50,400 --> 00:19:53,000 Speaker 15: will also swing in and provide more support to their 411 00:19:53,040 --> 00:19:55,600 Speaker 15: economies as well. So we've got those factors to way 412 00:19:55,680 --> 00:19:55,919 Speaker 15: up to. 413 00:19:56,200 --> 00:19:58,600 Speaker 2: And this prays be the Ferrari four fifty eight to 414 00:19:58,640 --> 00:19:59,240 Speaker 2: you a car. 415 00:19:59,160 --> 00:20:02,359 Speaker 15: Guy, Yes, so I have been known to have the 416 00:20:02,400 --> 00:20:05,840 Speaker 15: occasional occasional car. But look, productivities are probably the big 417 00:20:05,880 --> 00:20:07,960 Speaker 15: difference between those things. One's got certainly got a lot 418 00:20:08,000 --> 00:20:09,080 Speaker 15: more horsepower than the other. 419 00:20:09,160 --> 00:20:11,040 Speaker 2: Because the four to fifty eight is the one to have. 420 00:20:11,920 --> 00:20:13,600 Speaker 2: But you presumably know that, don't you. 421 00:20:14,160 --> 00:20:16,440 Speaker 15: Yes, a good good V. Eight It's always good. 422 00:20:16,600 --> 00:20:18,320 Speaker 2: This is true. Nice to talk to you. Nick, appreciate 423 00:20:18,320 --> 00:20:20,560 Speaker 2: I knew he knew about cars. Nick Tuffler, you don't 424 00:20:20,560 --> 00:20:22,800 Speaker 2: go Ferrari four to fifty eight unless you know about cars. 425 00:20:22,800 --> 00:20:26,000 Speaker 2: Asb Chief Economists eighteen minutes away from seven past second 426 00:20:26,080 --> 00:20:29,320 Speaker 2: holl Basically this is you Gubs shows the same thing. 427 00:20:30,080 --> 00:20:33,400 Speaker 2: Labor ahead and ten seats where it was behind in six. 428 00:20:33,480 --> 00:20:36,000 Speaker 2: That's the swing since the election. It was behind in six, 429 00:20:36,040 --> 00:20:39,159 Speaker 2: it's now ahead in ten. Labor at fifty point two 430 00:20:39,200 --> 00:20:41,920 Speaker 2: to two. Party preferred coalition at forty nine point eight 431 00:20:42,920 --> 00:20:45,840 Speaker 2: Labor median estimate of seventy five seats lower estimate of 432 00:20:45,880 --> 00:20:48,760 Speaker 2: sixty nine, upper estimate of eighty. Seventy six is the 433 00:20:48,760 --> 00:20:53,800 Speaker 2: magic number. Coalition behind on sixty lower estimate fifty five, 434 00:20:53,840 --> 00:20:57,680 Speaker 2: upper estimate of sixty eight. So it's possible on these numbers, 435 00:20:57,760 --> 00:21:01,040 Speaker 2: if it goes well for labor, they might not only win, 436 00:21:01,200 --> 00:21:04,199 Speaker 2: but that minority government they were talking about might not 437 00:21:04,240 --> 00:21:05,560 Speaker 2: be true. Seventeen to two. 438 00:21:06,400 --> 00:21:11,040 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered 439 00:21:11,040 --> 00:21:12,040 Speaker 1: by News Talks a B. 440 00:21:13,320 --> 00:21:15,920 Speaker 2: Mike Nicholas shot herself and Chris luxan in the foot. 441 00:21:16,160 --> 00:21:18,639 Speaker 2: We're open for business. We need foreign investment, but not 442 00:21:18,680 --> 00:21:21,520 Speaker 2: if you make excess profits, then we'll dismember you idiots. 443 00:21:21,880 --> 00:21:24,280 Speaker 2: I've got some sympathy for that view, actually, six forty. 444 00:21:24,000 --> 00:21:28,320 Speaker 1: Five International correspondence with ends and Eye Insurance, Peace of 445 00:21:28,359 --> 00:21:30,600 Speaker 1: mind for New Zealand business. 446 00:21:30,200 --> 00:21:31,280 Speaker 2: With genial Good morning. 447 00:21:31,720 --> 00:21:33,440 Speaker 3: What do you make Liberation Day? 448 00:21:33,480 --> 00:21:34,480 Speaker 2: Wednesday? Out time? 449 00:21:35,000 --> 00:21:38,080 Speaker 16: This is shaping airs quite a week, isn't it. Yeah, 450 00:21:38,320 --> 00:21:41,120 Speaker 16: this is the time that Trump tags his liberation day 451 00:21:41,119 --> 00:21:43,800 Speaker 16: when tariffs take effect and lots of folks. 452 00:21:43,640 --> 00:21:44,320 Speaker 2: Have the jitters. 453 00:21:44,400 --> 00:21:46,920 Speaker 16: Car dealers in many spots of being deluged right now, 454 00:21:46,960 --> 00:21:49,480 Speaker 16: one outlet near Chicago saying they've just had the busiest 455 00:21:49,560 --> 00:21:52,000 Speaker 16: day since they open several years back. Trump says he 456 00:21:52,040 --> 00:21:54,919 Speaker 16: will impose this week twenty five percent tariffs on cars 457 00:21:54,960 --> 00:21:57,600 Speaker 16: and car parts made outside the United States. In an 458 00:21:57,600 --> 00:22:01,679 Speaker 16: interview with NBC, Trump says he couldn't quote care less 459 00:22:01,840 --> 00:22:04,600 Speaker 16: if imported car prices increased because of tariffs. Others are 460 00:22:04,600 --> 00:22:08,440 Speaker 16: saying that simply doesn't compute because, apart from say Elon 461 00:22:08,560 --> 00:22:11,600 Speaker 16: Musk's Tesla's if you can get through the protest lines, 462 00:22:12,080 --> 00:22:16,000 Speaker 16: a vir virtually no carmaker here produces vehicles that are 463 00:22:16,040 --> 00:22:19,679 Speaker 16: one hundred percent made in this country with only American parts. 464 00:22:20,080 --> 00:22:21,520 Speaker 16: Trump was asked about. 465 00:22:21,240 --> 00:22:23,480 Speaker 7: This suit Americans buy cars now if they want to 466 00:22:23,520 --> 00:22:25,080 Speaker 7: avoid higher prices. 467 00:22:25,320 --> 00:22:25,879 Speaker 4: I don't think so. 468 00:22:25,920 --> 00:22:27,720 Speaker 9: I think you're going to have a country that's going to. 469 00:22:27,640 --> 00:22:30,720 Speaker 16: Boom boom when as soon as tarifs are applied, or 470 00:22:30,720 --> 00:22:32,880 Speaker 16: maybe in I don't know, five or six years, as 471 00:22:32,920 --> 00:22:36,639 Speaker 16: car manufacturers perhaps change their production systems. What about the 472 00:22:36,680 --> 00:22:40,159 Speaker 16: immediate pressure on consumers, says economist Diane Swan. 473 00:22:40,240 --> 00:22:42,840 Speaker 17: It's just very hard to find things that are solely 474 00:22:43,200 --> 00:22:46,560 Speaker 17: produced in the United States, and even those carmakers that 475 00:22:46,600 --> 00:22:49,639 Speaker 17: are most insulated from tariffs do get some kind of 476 00:22:49,680 --> 00:22:52,560 Speaker 17: parts from a broad or steel that is going to 477 00:22:52,680 --> 00:22:54,320 Speaker 17: increase the cost of that vehicle. 478 00:22:54,600 --> 00:22:58,159 Speaker 16: Yeah, that makes sense to just about everyone except apparently Trump. 479 00:22:58,160 --> 00:23:00,200 Speaker 16: That's why car dealers are being swamped. Even in the 480 00:23:00,200 --> 00:23:03,560 Speaker 16: White House, conditions are being described as near panic with 481 00:23:03,760 --> 00:23:07,840 Speaker 16: the Trump tariff talk shifting constantly. As we've seen meantime, 482 00:23:07,880 --> 00:23:11,360 Speaker 16: there are big responses in the face of the Trump tariffs. 483 00:23:11,520 --> 00:23:14,920 Speaker 16: Canada's new per Mike Conney McCarney saying over the weekend, this. 484 00:23:15,040 --> 00:23:17,800 Speaker 18: The old relationship we had with the United States based 485 00:23:17,880 --> 00:23:21,480 Speaker 18: on deepening integration of our economies and type security and 486 00:23:21,520 --> 00:23:23,679 Speaker 18: military cooperations. 487 00:23:24,400 --> 00:23:27,080 Speaker 16: Is over so similar concerns as you've been tracking from 488 00:23:27,080 --> 00:23:29,560 Speaker 16: Europe and the Asia Pacific. While on Wall Street, trillions 489 00:23:29,560 --> 00:23:32,560 Speaker 16: has been wiped off investments in recent weeks, including another 490 00:23:32,640 --> 00:23:36,000 Speaker 16: drop on the Dow on Saturday, your time Friday here 491 00:23:36,080 --> 00:23:39,719 Speaker 16: of seven hundred points plus. So investors, consumers, most everyone 492 00:23:39,760 --> 00:23:43,200 Speaker 16: here has a case of the nerves. And Trump's Commerce 493 00:23:43,240 --> 00:23:47,080 Speaker 16: Secretary Howard Lutnik, refused today even to appear on the 494 00:23:47,119 --> 00:23:49,840 Speaker 16: political TV talk shows. 495 00:23:49,240 --> 00:23:51,600 Speaker 2: Interesting and Richard Chamblin not about run ninety. 496 00:23:52,560 --> 00:23:53,000 Speaker 19: That's right. 497 00:23:53,240 --> 00:23:55,159 Speaker 16: He's died of a stroke in Hawaii. He was a 498 00:23:55,160 --> 00:23:57,879 Speaker 16: great actor over many decades on TV and in movies, 499 00:23:57,920 --> 00:24:00,680 Speaker 16: although he said he often struggled to feel good about 500 00:24:00,720 --> 00:24:03,639 Speaker 16: himself because his Hollywood life was so different to the 501 00:24:03,720 --> 00:24:06,760 Speaker 16: self respect he said he was seeking in his offscreen life. 502 00:24:06,760 --> 00:24:09,359 Speaker 16: He didn't acknowledge being gay until he was into his 503 00:24:09,680 --> 00:24:12,119 Speaker 16: late sixties. After a couple of years in the military, 504 00:24:12,200 --> 00:24:17,400 Speaker 16: Richard Chamblin became something of an overnight star in This Yeah. 505 00:24:17,240 --> 00:24:19,920 Speaker 2: Doctor Kildare, the TV series where. 506 00:24:19,720 --> 00:24:24,800 Speaker 16: He featured alongside actor Raymond Massey as a young TV 507 00:24:24,920 --> 00:24:27,760 Speaker 16: doctor in the series that ran from nineteen sixty one 508 00:24:27,880 --> 00:24:30,680 Speaker 16: for about five seasons, and in that period he was 509 00:24:30,720 --> 00:24:35,160 Speaker 16: said to receive some twelve thousand fan letters a week over. 510 00:24:35,000 --> 00:24:35,560 Speaker 2: That five year. 511 00:24:35,640 --> 00:24:36,840 Speaker 9: That's a lot of letters, isn't it. 512 00:24:37,119 --> 00:24:39,200 Speaker 16: Then he took off for Britain to try more serious 513 00:24:39,200 --> 00:24:41,600 Speaker 16: acting and he did a lot of Shakespeare plays there, 514 00:24:41,840 --> 00:24:45,040 Speaker 16: returned to la and began making movies like The Three 515 00:24:45,119 --> 00:24:48,480 Speaker 16: Musketeers and the disaster film The Towering Inferno? 516 00:24:48,560 --> 00:24:52,080 Speaker 1: Did you change any of Dud's electrical specifications? 517 00:24:52,680 --> 00:24:56,040 Speaker 16: Then began his roles as King of the mini series. 518 00:24:56,080 --> 00:24:59,359 Speaker 16: Basically his first was the original Shogun playing in British 519 00:24:59,359 --> 00:25:02,040 Speaker 16: Sailor by sam Urian the seventeenth century. 520 00:25:02,080 --> 00:25:04,399 Speaker 20: Many Lands and the Americas have already been plundered by 521 00:25:04,400 --> 00:25:06,560 Speaker 20: the Spanish and their treasures taken back to Spain. 522 00:25:07,440 --> 00:25:11,160 Speaker 16: There followed another huge hit, The Thornbirds, with Chamberlain as 523 00:25:11,240 --> 00:25:14,680 Speaker 16: that priest in Australia who struggles over his church vows 524 00:25:14,680 --> 00:25:17,639 Speaker 16: and young love. My life belongs to God off screen. 525 00:25:17,680 --> 00:25:20,600 Speaker 16: It was not until later in his life when he 526 00:25:20,640 --> 00:25:23,120 Speaker 16: began writing his memoirs Had a Love that he acknowledged 527 00:25:23,160 --> 00:25:25,199 Speaker 16: being gay, saying that in the thirties to fifties it 528 00:25:25,280 --> 00:25:29,640 Speaker 16: was impossible to acknowledge being gay, and saying that he faced. 529 00:25:29,280 --> 00:25:34,439 Speaker 13: The problem of my own self dislike and there was 530 00:25:34,480 --> 00:25:38,119 Speaker 13: the terrible, terrible danger of being outed because I was 531 00:25:38,600 --> 00:25:40,600 Speaker 13: a romantic lead. For God's sake, that was my whole 532 00:25:40,640 --> 00:25:41,200 Speaker 13: career Pray. 533 00:25:41,680 --> 00:25:43,879 Speaker 16: After his final role in the film Finding Julia in 534 00:25:43,880 --> 00:25:46,440 Speaker 16: twenty nineteen, he quit Hollywood for Hawaii, saying he wasn't 535 00:25:46,440 --> 00:25:49,359 Speaker 16: interested in being women, but he will be as a 536 00:25:49,359 --> 00:25:53,760 Speaker 16: prolific stage, movie and television actor who was exceptionally good 537 00:25:53,800 --> 00:25:55,600 Speaker 16: in all of those arenas well. 538 00:25:55,640 --> 00:25:58,480 Speaker 2: See Your Liberation Day Richard Arnold back on Wednesday ten 539 00:25:58,520 --> 00:25:59,600 Speaker 2: away from seven. 540 00:26:00,119 --> 00:26:04,200 Speaker 1: Cosking Breakfast with the Range Rover Villain News togs Head be. 541 00:26:04,440 --> 00:26:06,600 Speaker 2: So what appears to be happening towards Liberation Day? As 542 00:26:06,600 --> 00:26:08,680 Speaker 2: I mentioned the UK at the moment, they are keeping 543 00:26:08,680 --> 00:26:11,520 Speaker 2: the powder dry, same with Australia really and there's been 544 00:26:11,560 --> 00:26:14,440 Speaker 2: no retaliatory measures and what they're trying to do behind 545 00:26:14,440 --> 00:26:16,760 Speaker 2: the scenes is desperately and Britain's in a similar position 546 00:26:16,800 --> 00:26:20,000 Speaker 2: to us. They argue a balanced trade portfolio, so in 547 00:26:20,040 --> 00:26:23,000 Speaker 2: other words, it's not one sided. So they're looking for 548 00:26:23,040 --> 00:26:25,680 Speaker 2: some sort of exemption. I don't think that an exemption 549 00:26:25,760 --> 00:26:28,080 Speaker 2: will come. It might have, mean Trump sort of wanders 550 00:26:28,080 --> 00:26:30,359 Speaker 2: and vaguely suggests some days that it might be a 551 00:26:30,359 --> 00:26:33,000 Speaker 2: little lighter than you think, or then again, maybe it 552 00:26:33,040 --> 00:26:36,120 Speaker 2: won't be. But the point being, if they can't carve 553 00:26:36,160 --> 00:26:40,120 Speaker 2: out any exemptions, then there might be retaliation. What sort 554 00:26:40,160 --> 00:26:43,800 Speaker 2: of retaliation are you might individually go after? Companies? Very 555 00:26:43,840 --> 00:26:46,080 Speaker 2: American sort of companies you might go after, for example, 556 00:26:46,119 --> 00:26:50,680 Speaker 2: Harley Davidson. The nuclear option for the British most unlikely, 557 00:26:50,720 --> 00:26:53,639 Speaker 2: they say, is it would be targeting financial services. So 558 00:26:53,760 --> 00:26:56,840 Speaker 2: depending on how they retaliate depends on whether America retaliates 559 00:26:56,880 --> 00:26:59,080 Speaker 2: to the retaliation. But I'll have more on that for 560 00:26:59,119 --> 00:27:00,480 Speaker 2: you in a moment. Michael, it's going to be a 561 00:27:00,480 --> 00:27:02,920 Speaker 2: two forty six, three eight, three twenty eight, two eighty 562 00:27:02,960 --> 00:27:06,560 Speaker 2: eight gto or Testaoso type, guy, Derek, the Dino is 563 00:27:06,600 --> 00:27:09,880 Speaker 2: not even a Ferrari. It's a Fiat and three twenty 564 00:27:09,920 --> 00:27:11,440 Speaker 2: eight and two eighty eight, all right, and the Testa 565 00:27:11,480 --> 00:27:14,960 Speaker 2: Rosso looks increasingly weird. His reference to the three point 566 00:27:14,960 --> 00:27:18,800 Speaker 2: fifty eight was the last of the naturally aspirated engines, 567 00:27:19,440 --> 00:27:21,760 Speaker 2: and a modern car that you could drive daily and 568 00:27:21,960 --> 00:27:26,119 Speaker 2: is these days becoming increasingly collectible. So not only does 569 00:27:26,160 --> 00:27:28,240 Speaker 2: he know about the economy, knows about cars as well, 570 00:27:28,240 --> 00:27:30,159 Speaker 2: which is no bad thing. Five minutes away from. 571 00:27:30,040 --> 00:27:32,720 Speaker 20: Seven for the ins and the ouse. 572 00:27:33,000 --> 00:27:37,120 Speaker 1: It's the fizz with business favor. Take your business productivity 573 00:27:37,200 --> 00:27:38,119 Speaker 1: to the next level. 574 00:27:38,160 --> 00:27:41,960 Speaker 2: I want to see the Dino, although technically a Fiat 575 00:27:42,200 --> 00:27:44,680 Speaker 2: is probably one of the best, if not the best 576 00:27:44,720 --> 00:27:47,320 Speaker 2: looking ferraris of all time. Tariffs, So what have we got? 577 00:27:47,359 --> 00:27:50,800 Speaker 2: So this review into the American terror situation around the 578 00:27:50,800 --> 00:27:54,320 Speaker 2: cars is it's the working class car buyer. It's going 579 00:27:54,359 --> 00:27:56,360 Speaker 2: to be hard to hit by these tariffs because all 580 00:27:56,359 --> 00:27:59,959 Speaker 2: the low cost cars are built elsewhere for fairly obvious reasons. 581 00:28:00,040 --> 00:28:02,359 Speaker 2: So increasingly hard to find a new car in America 582 00:28:02,440 --> 00:28:04,760 Speaker 2: under thirty grand. Average price of a new car in 583 00:28:04,800 --> 00:28:07,399 Speaker 2: America is about fifty grand plus. And this is because 584 00:28:07,440 --> 00:28:09,520 Speaker 2: the Big three of Stilantis, the GM, the four, they've 585 00:28:09,600 --> 00:28:12,480 Speaker 2: largely discontinued the entry levels. They've gone for the profitable 586 00:28:12,480 --> 00:28:14,520 Speaker 2: trucks in the SUVs because people with money love a 587 00:28:14,560 --> 00:28:17,600 Speaker 2: truck are in ECUV so the only way they can 588 00:28:17,640 --> 00:28:19,760 Speaker 2: eke out profits on economy cars is to build them 589 00:28:19,760 --> 00:28:23,440 Speaker 2: in countries with lower manufacturing costs. So the review which 590 00:28:23,440 --> 00:28:25,399 Speaker 2: has taken place of a couple of car research firms, 591 00:28:25,680 --> 00:28:28,840 Speaker 2: found only sixteen models with an average price under thirty 592 00:28:28,880 --> 00:28:31,240 Speaker 2: thousand US. Only one of them, which is the Corolla, 593 00:28:31,640 --> 00:28:33,480 Speaker 2: was built in the US. All the others are built 594 00:28:33,480 --> 00:28:36,920 Speaker 2: in Mexico, South Korea or Japan. So this is expected, 595 00:28:36,960 --> 00:28:39,200 Speaker 2: of course to hit Trump's base. Which is the mad 596 00:28:39,240 --> 00:28:42,040 Speaker 2: thing about all of this. Almost half of all the 597 00:28:42,160 --> 00:28:45,320 Speaker 2: voters who went with Trump last year had an average 598 00:28:45,320 --> 00:28:49,600 Speaker 2: income of less than fifty thousand dollars annually. So the 599 00:28:49,640 --> 00:28:52,040 Speaker 2: line from Trump overnight, as Richards been alluding to, is 600 00:28:52,080 --> 00:28:55,200 Speaker 2: he quote unquote couldn't care less of the price went up. 601 00:28:56,880 --> 00:28:59,120 Speaker 2: It's worth looking too at the sectors and the businesses 602 00:28:59,120 --> 00:29:00,960 Speaker 2: that say the tariff will be good. Are there any 603 00:29:00,960 --> 00:29:03,360 Speaker 2: sectors or businesses that say the tariffs could be good? 604 00:29:03,360 --> 00:29:06,160 Speaker 2: While there is one? The jam market, the well known 605 00:29:06,200 --> 00:29:11,080 Speaker 2: American jam market JM. Schmucker. They make jam. They only 606 00:29:11,360 --> 00:29:13,880 Speaker 2: three hundred thousand dollars worth of jam got exported last 607 00:29:13,960 --> 00:29:16,200 Speaker 2: year because who likes American jam? No one. We make 608 00:29:16,240 --> 00:29:18,200 Speaker 2: our own jam for goodness sake. Do you know we 609 00:29:18,280 --> 00:29:20,720 Speaker 2: discovered at our place over the week in purple guamas. 610 00:29:21,160 --> 00:29:23,000 Speaker 2: We've pulled some fruit off a tree and we went 611 00:29:23,040 --> 00:29:26,200 Speaker 2: what are those? We asked chat gpt. We said, chat chept, 612 00:29:26,360 --> 00:29:29,080 Speaker 2: what is this? And chat gpt says purple guava? 613 00:29:29,480 --> 00:29:30,880 Speaker 14: So they definitely are guavas. 614 00:29:30,920 --> 00:29:33,800 Speaker 2: Then we double checked. Yeah, we double checked on that 615 00:29:33,920 --> 00:29:36,440 Speaker 2: very reason, but they are so chat gept was right. 616 00:29:36,760 --> 00:29:39,400 Speaker 2: European tariffs are around twenty four percent compared with four 617 00:29:39,440 --> 00:29:42,960 Speaker 2: point five percent for jam. Apple farmers apparently are also 618 00:29:43,120 --> 00:29:47,920 Speaker 2: reasonably happy in America. But then chat gpt said, would 619 00:29:47,960 --> 00:29:51,200 Speaker 2: you like me to mix you a cocktail using purple glavas? 620 00:29:51,320 --> 00:29:52,080 Speaker 14: Now are you talking? 621 00:29:52,200 --> 00:29:52,440 Speaker 3: See? 622 00:29:52,560 --> 00:29:54,000 Speaker 2: Increasingly useful by the day. 623 00:29:54,320 --> 00:29:58,760 Speaker 20: News is next the breakfast Show, Kiwi's Trust to Stay 624 00:29:58,960 --> 00:30:03,720 Speaker 20: in the No Mike hosting Breakfast with a Vida, Retirement Communities, 625 00:30:03,960 --> 00:30:04,920 Speaker 20: Life Your Way. 626 00:30:05,040 --> 00:30:06,080 Speaker 1: News togs had been. 627 00:30:06,160 --> 00:30:08,040 Speaker 2: Seven past seven. Well, I hope you weren't expecting much 628 00:30:08,080 --> 00:30:11,080 Speaker 2: because Nicola Willis interrupted our Sunday to deliver another finger 629 00:30:11,120 --> 00:30:13,200 Speaker 2: wagging for the supermarket sector. We ended up with a 630 00:30:13,240 --> 00:30:16,400 Speaker 2: six week request for information and a threat again of 631 00:30:16,480 --> 00:30:18,920 Speaker 2: breaking up the current players. Food Staff's North Island boss 632 00:30:18,960 --> 00:30:19,880 Speaker 2: Chris Quins back with us. 633 00:30:19,920 --> 00:30:22,000 Speaker 3: Chris Morning Good morning, Mike. 634 00:30:22,160 --> 00:30:25,240 Speaker 2: Is there any convincing from your industry's point of view 635 00:30:25,280 --> 00:30:27,200 Speaker 2: the government that they might be on the wrong path 636 00:30:27,280 --> 00:30:28,480 Speaker 2: or as this is a lost cause. 637 00:30:30,200 --> 00:30:33,200 Speaker 21: Look, we believe that we can be listened to. You know, 638 00:30:33,280 --> 00:30:35,400 Speaker 21: this announcement came out of the blue and came as 639 00:30:35,400 --> 00:30:37,840 Speaker 21: a real shock to the three hundred and fifty local 640 00:30:37,840 --> 00:30:41,040 Speaker 21: family grocer families that owner the stores and the food 641 00:30:41,040 --> 00:30:43,360 Speaker 21: stuffs North Island Cooperative and many of them have worked 642 00:30:43,360 --> 00:30:46,200 Speaker 21: for many years to get their businesses and to be successful. 643 00:30:46,200 --> 00:30:48,920 Speaker 21: And you know the sort of question England has spoke 644 00:30:48,960 --> 00:30:50,840 Speaker 21: to a lot of them yesterday. You know, what is 645 00:30:50,880 --> 00:30:53,320 Speaker 21: the government tending to do? They intended to take their 646 00:30:53,360 --> 00:30:57,600 Speaker 21: business away. So we certainly will be constructively engaged in 647 00:30:57,640 --> 00:31:00,320 Speaker 21: this because it came as a real super. 648 00:31:01,000 --> 00:31:03,440 Speaker 2: What does she want to do and do you believe 649 00:31:03,520 --> 00:31:05,720 Speaker 2: that she will actually break your industry up. 650 00:31:07,480 --> 00:31:10,320 Speaker 21: Look, my understanding from what we've seen yesterday is that 651 00:31:10,360 --> 00:31:12,880 Speaker 21: there is a desire to see competition improved for the 652 00:31:12,880 --> 00:31:17,200 Speaker 21: benefit of consumers and there's been some definition put by 653 00:31:17,200 --> 00:31:20,120 Speaker 21: the Minister of Finance to what she believes that means 654 00:31:20,160 --> 00:31:22,600 Speaker 21: and what should be done. I guess the thing we 655 00:31:22,640 --> 00:31:24,760 Speaker 21: would point out is that the cost of food in 656 00:31:24,800 --> 00:31:27,400 Speaker 21: New Zealand, nineteen cents of every dollar is made up 657 00:31:27,440 --> 00:31:30,680 Speaker 21: of what we do, what the supermarkets do. The rest 658 00:31:30,800 --> 00:31:33,480 Speaker 21: is the cost of the goods and various other things. 659 00:31:33,520 --> 00:31:36,440 Speaker 21: And I think, you know, the focus on food price 660 00:31:36,480 --> 00:31:39,360 Speaker 21: for New Zealand household is critical and really important, and 661 00:31:39,400 --> 00:31:41,040 Speaker 21: I think it needs a good look at the whole 662 00:31:41,080 --> 00:31:43,800 Speaker 21: system to do that. The other thing we'd say is, 663 00:31:43,800 --> 00:31:46,200 Speaker 21: you know, since nineteen twenty two, the reason we've been 664 00:31:46,240 --> 00:31:49,360 Speaker 21: our cooperative that gathers up big in small stores together 665 00:31:50,040 --> 00:31:52,240 Speaker 21: is because you get a scale advantage and you lower 666 00:31:52,280 --> 00:31:54,960 Speaker 21: the cost for each store, particularly for our smaller stores 667 00:31:54,960 --> 00:31:57,640 Speaker 21: and regional locations. You know, it allows us to be 668 00:31:57,720 --> 00:32:00,640 Speaker 21: in places that probably wouldn't be affordable as a smaller 669 00:32:00,720 --> 00:32:04,080 Speaker 21: or single business because they can benefit from the scale 670 00:32:04,080 --> 00:32:06,560 Speaker 21: of the organization in a pretty small country. 671 00:32:06,840 --> 00:32:08,800 Speaker 2: See the twenty four billion she tripped herself up to 672 00:32:08,800 --> 00:32:10,800 Speaker 2: a degree. I thought she talked about a twenty four 673 00:32:10,800 --> 00:32:13,400 Speaker 2: billion dollar industry, which is more than the dairy and 674 00:32:13,440 --> 00:32:16,320 Speaker 2: the tourism sector put together, and she wants somebody to 675 00:32:16,360 --> 00:32:18,440 Speaker 2: come in at scale and take ten percent of that 676 00:32:18,520 --> 00:32:22,040 Speaker 2: in the marketplace. Does she not think that two billion 677 00:32:22,120 --> 00:32:25,880 Speaker 2: dollars of business was going begging. Somebody somewhere would have 678 00:32:25,880 --> 00:32:27,880 Speaker 2: looked at that and gone, I'll have a piece of that, 679 00:32:27,960 --> 00:32:28,360 Speaker 2: thank you. 680 00:32:29,880 --> 00:32:30,040 Speaker 10: Well. 681 00:32:30,080 --> 00:32:31,960 Speaker 21: I think one of the facts that has agreed is 682 00:32:31,960 --> 00:32:34,720 Speaker 21: it about fifteen percent and growing of the markets already 683 00:32:34,960 --> 00:32:38,400 Speaker 21: not in the hands of Wilworths or of the two cooperatives, 684 00:32:38,400 --> 00:32:41,080 Speaker 21: because there are three players today with the two cooperatives, 685 00:32:41,440 --> 00:32:45,880 Speaker 21: and that has been growing over time. And in a 686 00:32:45,920 --> 00:32:48,000 Speaker 21: country like New Zealand, with its cultural mix and its 687 00:32:48,040 --> 00:32:51,360 Speaker 21: size and diversity, it won't look like necessarily the same 688 00:32:51,400 --> 00:32:53,800 Speaker 21: as the existing players. There will be new innovative players 689 00:32:53,840 --> 00:32:56,600 Speaker 21: doing different things. And that's exactly the competition. 690 00:32:56,160 --> 00:32:59,280 Speaker 2: We see, exactly the Seymour line that this is a 691 00:32:59,320 --> 00:33:01,840 Speaker 2: government breaking out businesses and for a government that's also 692 00:33:01,960 --> 00:33:04,280 Speaker 2: looking to bring in money from the this is a 693 00:33:04,280 --> 00:33:06,000 Speaker 2: bad message, isn't It's a bad look. 694 00:33:07,840 --> 00:33:09,920 Speaker 21: Look, we're just focused on making sure that we do 695 00:33:09,960 --> 00:33:12,640 Speaker 21: everything we can about value for New Zealanders and about 696 00:33:12,880 --> 00:33:15,760 Speaker 21: keeping the scale of our business efficient so that we 697 00:33:15,840 --> 00:33:19,280 Speaker 21: can do a great job of values. That's the focus 698 00:33:19,320 --> 00:33:21,240 Speaker 21: that we're trying to focus on. And look, it's been 699 00:33:21,280 --> 00:33:25,680 Speaker 21: five years of various studies and examinations that takes a 700 00:33:25,720 --> 00:33:28,000 Speaker 21: lot of resource and a lot of attension off the 701 00:33:28,000 --> 00:33:29,880 Speaker 21: things that we'd really like to be doing for customers. 702 00:33:30,080 --> 00:33:32,600 Speaker 2: All right, I appreciated Chris. Chris Quinn, who's the food 703 00:33:32,600 --> 00:33:34,800 Speaker 2: Stuff's North Island CEO, talked to the Prime Minister about 704 00:33:34,800 --> 00:33:36,880 Speaker 2: it after seven thirty, of course, ten minutes past seven. 705 00:33:37,600 --> 00:33:39,640 Speaker 2: Now four hundred million dollars savings. We talked about this 706 00:33:39,720 --> 00:33:41,520 Speaker 2: last week. Remember that came out of the public service, 707 00:33:41,520 --> 00:33:44,040 Speaker 2: So we're looking to say, four hundred million dollars on consultants. 708 00:33:44,040 --> 00:33:45,920 Speaker 2: Are half of it, as it turns out, has come 709 00:33:45,960 --> 00:33:48,440 Speaker 2: out of one department, the Health Department, couple hundred million 710 00:33:48,480 --> 00:33:50,880 Speaker 2: dollars and as you can imagine, they're not particularly happy. 711 00:33:50,920 --> 00:33:55,400 Speaker 2: The Association of Salary Medical Specialist executive director is Sarah Dalton, 712 00:33:55,400 --> 00:33:56,520 Speaker 2: who's with us morning. 713 00:33:56,400 --> 00:33:57,280 Speaker 5: Good morning mate. 714 00:33:57,440 --> 00:33:59,960 Speaker 2: Even with these cuts, they're still looking to spend halfh 715 00:34:00,120 --> 00:34:03,320 Speaker 2: for billion dollars. It's an extraordinary amount of money, isn't it. 716 00:34:04,160 --> 00:34:06,320 Speaker 5: It is an extraordinary amount of money. We know that 717 00:34:06,360 --> 00:34:08,960 Speaker 5: doctors aren't cheap to get or to keep, but this 718 00:34:09,040 --> 00:34:12,800 Speaker 5: seems flagrant in terms of taking the short term option, 719 00:34:14,040 --> 00:34:16,600 Speaker 5: not looking a little bit further down the road and so. 720 00:34:16,560 --> 00:34:19,399 Speaker 2: When we talk about say locums versus consultants, how many 721 00:34:19,440 --> 00:34:21,040 Speaker 2: of that or how much of that money is spent 722 00:34:21,080 --> 00:34:24,040 Speaker 2: on locums actual doctors as opposed to consultants. 723 00:34:24,640 --> 00:34:26,719 Speaker 5: Look, it's an endless quest for us to try and 724 00:34:26,800 --> 00:34:29,400 Speaker 5: dig down into exactly how much money they're spending on 725 00:34:29,440 --> 00:34:33,440 Speaker 5: their permanent doctors as opposed to locums. They're cagy about it, 726 00:34:33,719 --> 00:34:37,000 Speaker 5: but there are a number of services that have too 727 00:34:37,080 --> 00:34:41,080 Speaker 5: many locums, and people called locums being paid excessive rates 728 00:34:41,080 --> 00:34:43,920 Speaker 5: who are there for months rather than days or weeks. 729 00:34:44,440 --> 00:34:47,319 Speaker 2: Is this Health New Zealand not performing well as an 730 00:34:47,320 --> 00:34:48,960 Speaker 2: agency in general or not. 731 00:34:49,920 --> 00:34:52,240 Speaker 5: I think there's been a tendency to rely on locans 732 00:34:52,280 --> 00:34:54,560 Speaker 5: in the past, so there was a pattern established under 733 00:34:54,600 --> 00:34:59,080 Speaker 5: the DHBs, But I don't know. They don't spend any 734 00:34:59,160 --> 00:35:04,399 Speaker 5: time at the courtings and conditions for permanent staff, which 735 00:35:04,400 --> 00:35:06,600 Speaker 5: would be more of an investment approach into trying to 736 00:35:06,600 --> 00:35:09,360 Speaker 5: get a stable workforce, and we find that very frustrating. 737 00:35:09,440 --> 00:35:10,920 Speaker 2: So you're between a rock and a hard place. You 738 00:35:10,960 --> 00:35:13,479 Speaker 2: can surely you can understand the government looking to save money, 739 00:35:13,480 --> 00:35:16,080 Speaker 2: of there's money to be saved, but you presumably want 740 00:35:16,080 --> 00:35:18,120 Speaker 2: the agency to do something a bit better by way 741 00:35:18,160 --> 00:35:19,560 Speaker 2: of solving the problem long term. 742 00:35:20,320 --> 00:35:22,520 Speaker 5: Yeah, we probably sit in a slightly different place than that. 743 00:35:22,600 --> 00:35:24,840 Speaker 5: We don't see hells as a place for money saving, 744 00:35:24,920 --> 00:35:26,880 Speaker 5: but we do see it as a place to spend 745 00:35:27,000 --> 00:35:31,920 Speaker 5: money carefully and efficiently, and certainly having an over reliance 746 00:35:31,960 --> 00:35:34,560 Speaker 5: on locans is not a good use of money. 747 00:35:34,719 --> 00:35:38,960 Speaker 2: All right, appreciate it. Sarah Sarah Dalton, Associated Salary Medical Specialists, 748 00:35:38,960 --> 00:35:41,839 Speaker 2: Executive Director twelve and US Past seven asking Mike, what's 749 00:35:41,840 --> 00:35:44,759 Speaker 2: the grocery commissioner and the team actually done? Since labor 750 00:35:44,800 --> 00:35:46,480 Speaker 2: put them unto they need to be cold. Michelle's a 751 00:35:46,520 --> 00:35:48,760 Speaker 2: very good point. I completely forgot about the grocery commissioner. 752 00:35:48,760 --> 00:35:49,959 Speaker 2: And do you know why I forgot about the grocery 753 00:35:50,000 --> 00:35:52,920 Speaker 2: commission Because he didn't do anything. Mike, I've been in 754 00:35:52,960 --> 00:35:54,960 Speaker 2: the grocery industry for over thirty years and until the 755 00:35:55,000 --> 00:35:57,120 Speaker 2: last couple of years have been proud of that industry. 756 00:35:57,160 --> 00:35:59,520 Speaker 2: When COVID hitting prices shot through the roof, it was 757 00:35:59,520 --> 00:36:02,640 Speaker 2: like the retail realize consumers will pay anything. The greed icee, 758 00:36:02,640 --> 00:36:05,719 Speaker 2: particularly from food stuff since then is really disturbing. Are 759 00:36:05,719 --> 00:36:07,400 Speaker 2: you being too generalized? You'd have to give me a 760 00:36:07,400 --> 00:36:09,319 Speaker 2: better example and most of the food prices that went 761 00:36:09,360 --> 00:36:11,160 Speaker 2: through the roof had little to do I think with 762 00:36:11,200 --> 00:36:14,239 Speaker 2: the supermarkets, but to do with every other aspect of 763 00:36:14,239 --> 00:36:17,239 Speaker 2: the economy because everything went through the roof, and that 764 00:36:17,400 --> 00:36:18,200 Speaker 2: was called inflation. 765 00:36:18,640 --> 00:36:18,839 Speaker 12: Mike. 766 00:36:18,880 --> 00:36:21,480 Speaker 2: The government has to do something to appeal to the 767 00:36:21,480 --> 00:36:24,440 Speaker 2: middle class, hence the supermarket intervention. It can't look like 768 00:36:24,480 --> 00:36:27,040 Speaker 2: it's always supporting business and profit making. The average New 769 00:36:27,160 --> 00:36:30,040 Speaker 2: Zealand voter is not making profit from big business. Do 770 00:36:30,080 --> 00:36:31,640 Speaker 2: you think that's what it is? I mean, don't get 771 00:36:31,640 --> 00:36:34,240 Speaker 2: me wrong. Do I want to pay less at the supermarket? 772 00:36:34,280 --> 00:36:36,200 Speaker 2: Of course I do. We all do. But there's a 773 00:36:36,239 --> 00:36:38,279 Speaker 2: very good headline over the weekend in the Australian media 774 00:36:38,400 --> 00:36:42,560 Speaker 2: quote unquote there's no proof big supermarkets are price gouging, 775 00:36:42,640 --> 00:36:44,959 Speaker 2: but labor will ban it anyway. And I just wonder 776 00:36:44,960 --> 00:36:46,600 Speaker 2: if we haven't got a bit of that in this country. 777 00:36:46,840 --> 00:36:49,480 Speaker 2: The government, rightly or wrongly, I would argue probably wrongly, 778 00:36:49,840 --> 00:36:51,840 Speaker 2: has got the bit between their teeth on this idea 779 00:36:51,840 --> 00:36:55,000 Speaker 2: that somehow we're being screwed, we're being ripped off, and 780 00:36:55,120 --> 00:36:57,720 Speaker 2: they want to do something about it. The political problem 781 00:36:57,760 --> 00:37:00,279 Speaker 2: they face, apart from David Seamore's point, which is a 782 00:37:00,360 --> 00:37:02,399 Speaker 2: very relevant one that you can't just go around being 783 00:37:02,400 --> 00:37:05,400 Speaker 2: a government that goes Actually, we've decided that your industry 784 00:37:05,640 --> 00:37:07,840 Speaker 2: just needs to be busted up. Who's investing in a 785 00:37:07,880 --> 00:37:10,320 Speaker 2: country where they can't trust the government. But the major 786 00:37:10,320 --> 00:37:13,200 Speaker 2: point is they keep talking. If you're going to do something, 787 00:37:13,280 --> 00:37:16,600 Speaker 2: do it. They've done nothing and yesterday didn't change that. 788 00:37:16,800 --> 00:37:17,799 Speaker 2: Fourteen past. 789 00:37:19,440 --> 00:37:23,360 Speaker 1: The like asking Breakfast full Show podcast on I Have Radio, 790 00:37:23,520 --> 00:37:24,960 Speaker 1: Howard by News Talk said. 791 00:37:24,800 --> 00:37:28,800 Speaker 2: Be prime Minister's changed days is now on a Monday's 792 00:37:28,760 --> 00:37:31,080 Speaker 2: whether shortly seventeen past seven to the basketball where the 793 00:37:31,080 --> 00:37:33,560 Speaker 2: Breakers have got new owners. Mark Mitchell are not the 794 00:37:33,600 --> 00:37:36,680 Speaker 2: police minister. Another Mark Mitchell's your new majority owner investment 795 00:37:36,719 --> 00:37:39,560 Speaker 2: group involves Leon and Stephen Gris, Paul and Liz Blackwell. 796 00:37:39,600 --> 00:37:41,359 Speaker 2: You may know the name they previously owned the side. 797 00:37:41,400 --> 00:37:44,319 Speaker 2: They're back along with former player Tom Abercrombie. Anyway, Mark 798 00:37:44,320 --> 00:37:45,799 Speaker 2: Mitchell's with us, Mark morning. 799 00:37:46,600 --> 00:37:47,960 Speaker 10: Good morning, How are you very well? 800 00:37:48,040 --> 00:37:50,359 Speaker 2: Indeed? Is it easy to price up a basketball team 801 00:37:50,360 --> 00:37:51,359 Speaker 2: if you're looking to buy one? 802 00:37:52,600 --> 00:37:54,080 Speaker 3: No, it's not. 803 00:37:54,680 --> 00:37:56,680 Speaker 18: What we do know is that the prices are going 804 00:37:56,760 --> 00:38:00,440 Speaker 18: up everywhere. Boston Celtic's just sold for six point one billion. 805 00:38:00,520 --> 00:38:03,319 Speaker 18: Dollars US, so this is a little bit different than that. 806 00:38:03,480 --> 00:38:07,880 Speaker 18: But across the NBL, the league is growing. Each team, 807 00:38:07,920 --> 00:38:11,080 Speaker 18: though has different assets. You know, we have Spark Arena, 808 00:38:11,360 --> 00:38:14,960 Speaker 18: which holds around eight thousand Perth has a much bigger arena. 809 00:38:15,560 --> 00:38:18,640 Speaker 18: There's apples and oranges. But the thing that was consistent 810 00:38:18,680 --> 00:38:21,560 Speaker 18: across the board was how this league is growing in 811 00:38:21,560 --> 00:38:23,640 Speaker 18: the popularity worldwide of the NBL. 812 00:38:23,880 --> 00:38:26,440 Speaker 2: What were you looking for a sports team in general, 813 00:38:26,560 --> 00:38:27,600 Speaker 2: or you're a basketball not. 814 00:38:29,239 --> 00:38:29,520 Speaker 10: Both. 815 00:38:30,600 --> 00:38:32,880 Speaker 18: I grew up in Los Angeles as a fan of 816 00:38:32,920 --> 00:38:36,160 Speaker 18: Magic Johnson and the Showtime Lakers. I still have my 817 00:38:36,239 --> 00:38:39,000 Speaker 18: Lakers season tickets even though I've lived here for five years. 818 00:38:39,480 --> 00:38:43,160 Speaker 18: So I am a basketball fan for sure. But mostly 819 00:38:43,200 --> 00:38:45,560 Speaker 18: I believe in Auckland. I believe in New Zealand. I 820 00:38:45,640 --> 00:38:48,520 Speaker 18: believe in sports in this region, not only from a 821 00:38:48,520 --> 00:38:51,720 Speaker 18: business respective, but what it can do to help change 822 00:38:51,760 --> 00:38:53,239 Speaker 18: lives and transform communities. 823 00:38:53,840 --> 00:38:56,520 Speaker 2: Can you do something with the Breakers to take them 824 00:38:56,560 --> 00:38:57,520 Speaker 2: back to what they were? 825 00:38:59,080 --> 00:39:01,319 Speaker 18: We're doing it. We're doing it from day one. I 826 00:39:01,360 --> 00:39:06,600 Speaker 18: hope everybody recognizes the vision here. So bringing in the Blackwells, 827 00:39:06,640 --> 00:39:10,400 Speaker 18: who are so beloved and so trusted, not only because 828 00:39:10,800 --> 00:39:13,000 Speaker 18: they won on the court, but because of what they 829 00:39:13,040 --> 00:39:16,120 Speaker 18: did off the court, the ties to the community and 830 00:39:16,680 --> 00:39:19,320 Speaker 18: all the programs that they set up that are still 831 00:39:19,360 --> 00:39:22,200 Speaker 18: having effects. So we're going to bring those back. Dylan 832 00:39:22,200 --> 00:39:25,840 Speaker 18: Boucher as my president of Basketball operation, to Tom Avercrombie, 833 00:39:26,080 --> 00:39:30,000 Speaker 18: obviously Leon and Stephen Grice, who are really amazing Kiwis 834 00:39:30,000 --> 00:39:33,880 Speaker 18: who have so much experience across the board in business 835 00:39:33,880 --> 00:39:37,200 Speaker 18: and in government and beyond. And we're not done. I 836 00:39:37,239 --> 00:39:39,319 Speaker 18: think the fans will be really happy to see some 837 00:39:39,400 --> 00:39:41,799 Speaker 18: of the other people who will be involved and will 838 00:39:41,800 --> 00:39:43,799 Speaker 18: announce those in due time. We're just going to keep 839 00:39:43,800 --> 00:39:46,319 Speaker 18: building the team. It's going to be really strong. It's 840 00:39:46,320 --> 00:39:49,080 Speaker 18: going to have Kiwi roots and something that we can 841 00:39:49,080 --> 00:39:49,680 Speaker 18: all be proud of. 842 00:39:49,800 --> 00:39:51,160 Speaker 2: And you here for the long hold. 843 00:39:52,400 --> 00:39:56,000 Speaker 18: Oh yeah, we're here. We're by the way. The team 844 00:39:56,080 --> 00:39:58,239 Speaker 18: is in Auckland. We're not going anywhere. We are in 845 00:39:58,280 --> 00:40:00,880 Speaker 18: New Zealand. We will be the one team in the 846 00:40:01,000 --> 00:40:05,640 Speaker 18: NBL that represents this country. The NBL has made that clear. 847 00:40:06,080 --> 00:40:08,040 Speaker 18: There are no other teams that are going to be 848 00:40:08,080 --> 00:40:10,360 Speaker 18: in New Zealand, so we represent the entire country and 849 00:40:10,400 --> 00:40:11,920 Speaker 18: we understand that responsibility. 850 00:40:12,000 --> 00:40:13,880 Speaker 2: Fantastic. I wish you the best with it, Mark Mitchell, 851 00:40:14,280 --> 00:40:16,480 Speaker 2: the New Breaker Zoner or one of the new Breakers owners, 852 00:40:16,760 --> 00:40:19,040 Speaker 2: more with the lads and the commentary box of course 853 00:40:19,080 --> 00:40:21,040 Speaker 2: after right, come back to the supermarket mess in a 854 00:40:21,080 --> 00:40:22,320 Speaker 2: moment though. Seven twenty. 855 00:40:24,000 --> 00:40:28,880 Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio powered 856 00:40:28,880 --> 00:40:29,920 Speaker 1: by News Talk Zippy. 857 00:40:32,480 --> 00:40:34,960 Speaker 2: Now. Gut health, as we've mentioned many many times on 858 00:40:35,000 --> 00:40:37,239 Speaker 2: the program before, is the foundation of overall well being 859 00:40:37,320 --> 00:40:41,920 Speaker 2: and healthy gut influencers. Basically everything from digestion and immunity, 860 00:40:41,920 --> 00:40:44,319 Speaker 2: to brain function, even the skin health. And we're very 861 00:40:44,320 --> 00:40:48,120 Speaker 2: excited today to introduce Lester's Probiotic Plus. This is from 862 00:40:48,160 --> 00:40:52,280 Speaker 2: About Health, of course. Lester's Probiotic Plus, from the makers 863 00:40:52,280 --> 00:40:53,920 Speaker 2: of the renowned Listers Oil of course and the rears 864 00:40:53,880 --> 00:40:58,000 Speaker 2: to Big Lister's pro Probiotic Plus is formulated with two 865 00:40:58,040 --> 00:41:02,160 Speaker 2: scientifically researched probatic strange to help maintain and support a 866 00:41:02,160 --> 00:41:07,359 Speaker 2: healthy gut microbiome. Alongside probiotics, the premium blend includes four 867 00:41:07,360 --> 00:41:10,759 Speaker 2: trusted herbal extracts traditionally used to carmen support digestion, and 868 00:41:10,800 --> 00:41:13,600 Speaker 2: together it works to support digestive comfort, immune health, and 869 00:41:13,640 --> 00:41:16,520 Speaker 2: sustained energy, helping you stay active and well every day. 870 00:41:16,760 --> 00:41:20,200 Speaker 2: So if you're after looking into your gut health and 871 00:41:20,239 --> 00:41:22,480 Speaker 2: getting it on track eight hundred triple nine three oh 872 00:41:22,560 --> 00:41:25,120 Speaker 2: nine online at about health dot co dot MZ, all 873 00:41:25,160 --> 00:41:29,360 Speaker 2: to your Lester's Probiotic Plus use the code breakfast and 874 00:41:29,400 --> 00:41:31,520 Speaker 2: we're going to send you a free thirty capsule bottle 875 00:41:31,560 --> 00:41:33,920 Speaker 2: of the element twelve magnesium as well. Read the label 876 00:41:33,960 --> 00:41:36,800 Speaker 2: take only as director, but look up just generally gut 877 00:41:36,800 --> 00:41:39,080 Speaker 2: health and its role and you'll be amazed at how 878 00:41:39,080 --> 00:41:42,759 Speaker 2: important it is. It's the Lester's Probiotic Plus only from 879 00:41:42,760 --> 00:41:46,719 Speaker 2: About Health Scout seven twenty three. Talk about tease me 880 00:41:46,800 --> 00:41:48,879 Speaker 2: on a Sunday morning, a ten am Nicholas out giving 881 00:41:48,960 --> 00:41:51,200 Speaker 2: us the good word on supermarket. She doesn't she doesn't 882 00:41:51,239 --> 00:41:53,400 Speaker 2: like the industry. She's been telling us this for a 883 00:41:53,440 --> 00:41:55,279 Speaker 2: year and a half. She's going to do something about 884 00:41:55,280 --> 00:41:57,200 Speaker 2: the industry. She's been telling us this for about a 885 00:41:57,280 --> 00:42:00,760 Speaker 2: year and a half. So Sunday was the day, except 886 00:42:00,760 --> 00:42:03,439 Speaker 2: it wasn't. It was yet another diatribe about what needs 887 00:42:03,440 --> 00:42:05,319 Speaker 2: to be done, what could be done, what might be done. 888 00:42:05,520 --> 00:42:08,879 Speaker 2: There were more threats, more possibilities, more questions, more investigations. 889 00:42:08,920 --> 00:42:12,120 Speaker 2: It was also a speech of hopeless contradictions. On one hand, 890 00:42:12,640 --> 00:42:14,520 Speaker 2: she was telling us how hard it was to enter 891 00:42:14,520 --> 00:42:17,520 Speaker 2: the market at scale, how big a risk that was, 892 00:42:18,080 --> 00:42:19,640 Speaker 2: And then she was telling us this was a twenty 893 00:42:19,680 --> 00:42:23,080 Speaker 2: four billion dollar sector, more than tourism and dairy combined. 894 00:42:23,120 --> 00:42:25,520 Speaker 2: And yet she clearly hasn't stopped to ask herself, if 895 00:42:25,520 --> 00:42:28,640 Speaker 2: it's that big, do you not think anyone who could 896 00:42:28,880 --> 00:42:31,040 Speaker 2: might have had a little bit of a look at 897 00:42:31,080 --> 00:42:33,240 Speaker 2: the prospect of entering it. She talked of a player 898 00:42:33,239 --> 00:42:35,560 Speaker 2: being able to grab ten percent nationally. That's over two 899 00:42:35,680 --> 00:42:38,520 Speaker 2: billion dollars worth of business. You don't reckon someone somewhere 900 00:42:38,560 --> 00:42:41,839 Speaker 2: hasn't looked at the prospect of two billion dollars worth 901 00:42:41,880 --> 00:42:44,439 Speaker 2: of business. I thought, hmm, I wonder if that isn't 902 00:42:44,440 --> 00:42:46,879 Speaker 2: a bit of me to find out why we don't 903 00:42:46,920 --> 00:42:49,879 Speaker 2: have more competition. She has announced she was launching yet 904 00:42:49,920 --> 00:42:54,719 Speaker 2: another investigation. Then after six weeks she may or may 905 00:42:54,760 --> 00:42:58,960 Speaker 2: not get Cabinet to do something legislatively. If that happens, 906 00:42:59,320 --> 00:43:00,560 Speaker 2: she wants to do a by the end of the 907 00:43:00,640 --> 00:43:02,440 Speaker 2: year and get it passed by the end of the 908 00:43:02,520 --> 00:43:05,920 Speaker 2: term i e. The end of next year, so an 909 00:43:06,120 --> 00:43:10,000 Speaker 2: entire term and government having literally not produced one more 910 00:43:10,200 --> 00:43:12,640 Speaker 2: shop as I've seen it all along. It may be 911 00:43:12,800 --> 00:43:15,080 Speaker 2: we are too small for another major player. Maybe the 912 00:43:15,160 --> 00:43:17,400 Speaker 2: niche players, along with the two giants, are what the 913 00:43:17,400 --> 00:43:20,320 Speaker 2: market tolerates. But as for Nicola and a finger wagging, 914 00:43:20,640 --> 00:43:24,080 Speaker 2: if threats were results would be getting somewhere. If speeches 915 00:43:24,120 --> 00:43:26,560 Speaker 2: were shelves of well priced food, the issue would have 916 00:43:26,600 --> 00:43:28,760 Speaker 2: been dealt to. But for a government with an image 917 00:43:28,760 --> 00:43:31,600 Speaker 2: for more talk than action, she didn't do anything to 918 00:43:31,680 --> 00:43:37,040 Speaker 2: help that reputation. Asking foxes through five in the final round, 919 00:43:37,320 --> 00:43:39,759 Speaker 2: had a couple of good birdie chances, and this is 920 00:43:39,760 --> 00:43:41,480 Speaker 2: what worries me about the round. I wonder if his 921 00:43:41,480 --> 00:43:43,080 Speaker 2: shoulders are tightening uper But he had a couple of 922 00:43:43,160 --> 00:43:44,880 Speaker 2: very good birdie chances and he blew both of them 923 00:43:44,960 --> 00:43:46,759 Speaker 2: got passed, So he's not slipping back down the board. 924 00:43:46,760 --> 00:43:49,320 Speaker 2: But he's at thirteen under. But these are the days 925 00:43:49,320 --> 00:43:51,360 Speaker 2: that these are the days you take full advantage of 926 00:43:51,360 --> 00:43:53,920 Speaker 2: the opportunities. And he's let a couple slip, so he's 927 00:43:53,920 --> 00:43:56,719 Speaker 2: still thirteen under through five, which leaves them in the 928 00:43:56,880 --> 00:43:59,799 Speaker 2: third place. Mike, the Blackwell's owned to pack and save 929 00:44:00,200 --> 00:44:02,280 Speaker 2: be money in supermarkets that they brought back into the breakers. 930 00:44:02,280 --> 00:44:05,400 Speaker 2: Look how much of this argument and new people texting 931 00:44:05,440 --> 00:44:08,520 Speaker 2: me this stuff, Mike, this is all bs, most of 932 00:44:08,560 --> 00:44:11,080 Speaker 2: the new will and pack and save owners multimillionaires, William. 933 00:44:11,160 --> 00:44:13,720 Speaker 2: If all the stuff that you're texting me about people 934 00:44:13,760 --> 00:44:16,080 Speaker 2: being wealthy and successful, is this what you want for 935 00:44:16,120 --> 00:44:16,560 Speaker 2: the country? 936 00:44:16,600 --> 00:44:16,839 Speaker 18: Is it? 937 00:44:17,360 --> 00:44:17,440 Speaker 8: So? 938 00:44:17,920 --> 00:44:21,360 Speaker 2: There's obviously a direct correlation between the price of butter 939 00:44:21,920 --> 00:44:25,120 Speaker 2: and people being multimillionaires. And you hate multimillionaires because we 940 00:44:25,120 --> 00:44:27,799 Speaker 2: don't want anybody rich or successful in this country. We 941 00:44:27,960 --> 00:44:30,239 Speaker 2: just want to be poor and poveraged and be able 942 00:44:30,280 --> 00:44:32,160 Speaker 2: to steer at our navel for the rest of our lives. 943 00:44:32,200 --> 00:44:33,840 Speaker 2: Is that what you want? Have a look at anybody 944 00:44:33,880 --> 00:44:37,120 Speaker 2: who owns a franchise own Why aren't you targeting McDonald's owners. 945 00:44:37,120 --> 00:44:41,520 Speaker 2: There all multimillionaires as well? God forbid. It doesn't have 946 00:44:41,560 --> 00:44:44,279 Speaker 2: anything necessarily to do with the price of food. I'm 947 00:44:44,280 --> 00:44:48,360 Speaker 2: not saying that we if we had more competition. In theory, 948 00:44:49,440 --> 00:44:52,360 Speaker 2: the price of food might be sharper. That's entirely possible. 949 00:44:52,400 --> 00:44:55,640 Speaker 2: But just follow the logic instead of attacking people for 950 00:44:55,719 --> 00:45:00,319 Speaker 2: being successful. Follow the logic. Tell me why if there's 951 00:45:00,360 --> 00:45:02,960 Speaker 2: so many billions of dollars worth of business there to 952 00:45:03,000 --> 00:45:06,680 Speaker 2: be done, If we are being so shockingly ripped off 953 00:45:06,719 --> 00:45:10,960 Speaker 2: by these multi millionaires. How is it that somebody somewhere 954 00:45:11,040 --> 00:45:13,520 Speaker 2: hasn't got into the market and thought, I tell you what, 955 00:45:13,600 --> 00:45:15,600 Speaker 2: I'm going to undercut the lot of them and I'm 956 00:45:15,600 --> 00:45:17,680 Speaker 2: going to make my own fortune. Tell me how that 957 00:45:17,800 --> 00:45:22,000 Speaker 2: isn't the case? Chris luxem after the News, which is next. 958 00:45:27,480 --> 00:45:31,640 Speaker 1: Your source of freaking news, challenging Avillion and honors facts 959 00:45:31,840 --> 00:45:36,040 Speaker 1: The Mike Hosking breakfast with the range Rover Villa designed 960 00:45:36,239 --> 00:45:37,880 Speaker 1: to intrigue and use Tog's. 961 00:45:37,680 --> 00:45:40,879 Speaker 2: Head be after eight Andrewebl Jason Plying twenty three minutes 962 00:45:40,880 --> 00:45:43,560 Speaker 2: away from age to change days, Prime Minster to crystopal 963 00:45:43,640 --> 00:45:46,359 Speaker 2: luction is well us very good morning, Good morning, Mike, 964 00:45:46,360 --> 00:45:48,719 Speaker 2: can you very well? Indeed, one of the reasons your 965 00:45:48,760 --> 00:45:50,759 Speaker 2: office told us you wanted to change days is so 966 00:45:50,800 --> 00:45:52,560 Speaker 2: you could turn up more often in the studio, and 967 00:45:52,640 --> 00:45:55,200 Speaker 2: yet on day one, where are you? 968 00:45:55,239 --> 00:45:57,000 Speaker 22: No, that's the intention, So I do want to try 969 00:45:57,000 --> 00:45:58,800 Speaker 22: and get into the studio and do more of media 970 00:45:58,880 --> 00:46:01,719 Speaker 22: in Auckland and studio with you. What a great way 971 00:46:01,760 --> 00:46:03,680 Speaker 22: to start the week seeing your lovely smiling face. 972 00:46:03,880 --> 00:46:06,480 Speaker 2: Yes, indeed I agree with that. Also that was suggested 973 00:46:06,520 --> 00:46:08,680 Speaker 2: from your office that you wanted to take all my 974 00:46:08,760 --> 00:46:11,239 Speaker 2: good ideas directly to cabinet. Is that true. 975 00:46:13,200 --> 00:46:17,719 Speaker 3: At the de facto leader of the opposition. No, No, 976 00:46:17,800 --> 00:46:20,120 Speaker 3: we don't need that. We've got a good cabinet process. 977 00:46:20,160 --> 00:46:22,880 Speaker 22: But I do actually thought that just I'm trying to 978 00:46:22,880 --> 00:46:25,120 Speaker 22: make its work schedule wise. I think it's great if 979 00:46:25,160 --> 00:46:26,720 Speaker 22: I can get in to see you a bit more rigually, 980 00:46:26,800 --> 00:46:28,360 Speaker 22: and trying to do it on a Monday is the 981 00:46:28,360 --> 00:46:29,120 Speaker 22: better way to go about it. 982 00:46:29,120 --> 00:46:30,640 Speaker 2: Okay, is today fairy day? 983 00:46:31,880 --> 00:46:33,040 Speaker 3: Today is Fairies Day? 984 00:46:33,120 --> 00:46:33,279 Speaker 18: Yep. 985 00:46:33,320 --> 00:46:35,480 Speaker 22: Winston will have more to say about that this afternoon 986 00:46:35,560 --> 00:46:37,200 Speaker 22: and talk about what our plans are there. 987 00:46:37,280 --> 00:46:37,480 Speaker 3: Yep. 988 00:46:37,640 --> 00:46:40,120 Speaker 2: Have you seen what I mean clearly you have. Are 989 00:46:40,160 --> 00:46:41,719 Speaker 2: you pleased with what he's drummed up? 990 00:46:42,440 --> 00:46:42,680 Speaker 9: Yes? 991 00:46:42,800 --> 00:46:44,440 Speaker 22: Yes, I think he's got to a really good position. 992 00:46:44,640 --> 00:46:46,719 Speaker 22: So I don't want to preempt any of that, and 993 00:46:46,760 --> 00:46:48,040 Speaker 22: I know you'll try and get it out of meat, 994 00:46:48,040 --> 00:46:50,200 Speaker 22: but the reality is I want him to be able 995 00:46:50,200 --> 00:46:51,879 Speaker 22: to announce that really cleanly and be able to give 996 00:46:53,160 --> 00:46:55,279 Speaker 22: and share what he's thinking about how to take it forward. 997 00:46:55,360 --> 00:46:57,879 Speaker 2: Does it solve our problem? Yes? 998 00:46:57,920 --> 00:46:58,200 Speaker 3: It does. 999 00:46:58,320 --> 00:47:00,480 Speaker 22: Yes, And as I said, the original proposal solved the 1000 00:47:00,480 --> 00:47:03,919 Speaker 22: problem and we're very comfortable with where we were at, 1001 00:47:04,000 --> 00:47:05,880 Speaker 22: and he's got to the end of today to make 1002 00:47:05,920 --> 00:47:08,759 Speaker 22: sure that he can deliver something better or deliver that 1003 00:47:08,800 --> 00:47:09,440 Speaker 22: proposal so. 1004 00:47:10,600 --> 00:47:13,040 Speaker 2: He could do in three months what Nikola Willis couldn't 1005 00:47:13,080 --> 00:47:13,919 Speaker 2: do in a whole year. 1006 00:47:15,320 --> 00:47:17,240 Speaker 22: Well, I mean, we got to a really good position. 1007 00:47:17,280 --> 00:47:20,480 Speaker 22: We're very comfortable with the proposal that we announced at 1008 00:47:20,480 --> 00:47:22,719 Speaker 22: the end of last year. But we also have a 1009 00:47:22,760 --> 00:47:25,600 Speaker 22: window of time, as I said, because we don't need 1010 00:47:25,640 --> 00:47:27,520 Speaker 22: the new Fairies for a while, and there's plenty of 1011 00:47:27,560 --> 00:47:29,400 Speaker 22: time in the process for him to look at alternative 1012 00:47:29,400 --> 00:47:31,760 Speaker 22: options and to really go deep and explore it even further. 1013 00:47:31,800 --> 00:47:34,719 Speaker 3: So, you know, let's see what he says later on two. 1014 00:47:34,760 --> 00:47:36,839 Speaker 2: Well, you've just sort of given it away. So what 1015 00:47:36,880 --> 00:47:39,000 Speaker 2: we don't have today is a defender to answer into 1016 00:47:39,040 --> 00:47:41,400 Speaker 2: the question there are more options to be explored with 1017 00:47:41,440 --> 00:47:43,319 Speaker 2: more time. Is that what he's announcing. I thought he 1018 00:47:43,400 --> 00:47:46,800 Speaker 2: was announcing two or three ships from Company X for 1019 00:47:47,280 --> 00:47:50,640 Speaker 2: hy number of dollars arriving on you know, w day. 1020 00:47:51,320 --> 00:47:53,080 Speaker 22: Yeah, I'm really sorry, Mike, but you're just going to 1021 00:47:53,120 --> 00:47:54,920 Speaker 22: have to wait until this afternoon when he comes out 1022 00:47:54,960 --> 00:47:55,759 Speaker 22: and announces the plan. 1023 00:47:55,960 --> 00:47:57,719 Speaker 2: All right, Well, if that's the case, and we're looking 1024 00:47:57,760 --> 00:48:01,839 Speaker 2: for more time and more more exploitation exploration. What's the 1025 00:48:01,880 --> 00:48:05,320 Speaker 2: more disappointing announcement the fairy announcement still to come this afternoon, 1026 00:48:05,400 --> 00:48:08,440 Speaker 2: or yesterday's supermarket announcement which achieved yet again nothing. 1027 00:48:09,480 --> 00:48:10,280 Speaker 3: No, I disagree. 1028 00:48:10,320 --> 00:48:12,520 Speaker 22: I think we're doing everything we can as a government 1029 00:48:12,560 --> 00:48:15,160 Speaker 22: to make sure there is more competition in that supermarket sector, 1030 00:48:15,160 --> 00:48:17,440 Speaker 22: to make sure that Kiwis aren't paying too much, and 1031 00:48:17,480 --> 00:48:20,160 Speaker 22: we should be exhausting all the options available to us. 1032 00:48:20,239 --> 00:48:21,880 Speaker 3: And that's what Nicholas announced. 1033 00:48:23,080 --> 00:48:26,200 Speaker 2: Why couldn't you pick up the phone and go what's 1034 00:48:26,239 --> 00:48:28,440 Speaker 2: stopping you coming into the country instead of doing this 1035 00:48:28,520 --> 00:48:30,799 Speaker 2: six week thing. Why didn't you ring Eldie and go hey, 1036 00:48:31,239 --> 00:48:33,480 Speaker 2: why aren't you in the country and what can we 1037 00:48:33,520 --> 00:48:34,640 Speaker 2: do well? 1038 00:48:34,640 --> 00:48:37,040 Speaker 22: I imagine that will be part of the consultation for 1039 00:48:37,120 --> 00:48:39,839 Speaker 22: that six week period, but to make sure that we 1040 00:48:39,880 --> 00:48:42,759 Speaker 22: are we are exhausting all the options available to us 1041 00:48:42,800 --> 00:48:44,480 Speaker 22: to see whether there's anything more we could be doing 1042 00:48:44,520 --> 00:48:45,400 Speaker 22: to encourage a third. 1043 00:48:45,360 --> 00:48:47,879 Speaker 3: Entrant, talk to a bunch of players across the. 1044 00:48:47,840 --> 00:48:50,360 Speaker 22: Sector and make sure we've captured everybody with their different 1045 00:48:50,440 --> 00:48:53,520 Speaker 22: views on it. I think six weeks isn't unreasonable to 1046 00:48:53,560 --> 00:48:56,000 Speaker 22: actually say, right, we want a comprehensive piece of work. 1047 00:48:56,280 --> 00:48:58,600 Speaker 22: Maybe other governments in the past haven't actually thought about 1048 00:48:58,600 --> 00:49:01,719 Speaker 22: things or being prepared to go as deep as what 1049 00:49:01,760 --> 00:49:02,600 Speaker 22: we're plot proposing. 1050 00:49:02,680 --> 00:49:03,560 Speaker 3: But I think it's a good thing. 1051 00:49:03,640 --> 00:49:05,640 Speaker 2: But when you say as deep as what you're proposing, 1052 00:49:05,680 --> 00:49:08,080 Speaker 2: what is it you're proposing short of the broad idea 1053 00:49:08,080 --> 00:49:09,800 Speaker 2: that somebody else comes into the country. You've spent a 1054 00:49:09,800 --> 00:49:12,640 Speaker 2: whole year and a half on this and achieved literally nothing, 1055 00:49:13,000 --> 00:49:16,440 Speaker 2: What is it you know, literally proposing that will actually 1056 00:49:16,600 --> 00:49:18,840 Speaker 2: literally have a supermarket open in this country. 1057 00:49:19,440 --> 00:49:20,000 Speaker 3: Two things. 1058 00:49:20,080 --> 00:49:22,240 Speaker 22: I want to make sure that we have done everything 1059 00:49:22,280 --> 00:49:24,160 Speaker 22: we can to understand if there's anything more we can 1060 00:49:24,200 --> 00:49:26,920 Speaker 22: get right in encouraging a third entrant into the marketplace. 1061 00:49:27,360 --> 00:49:30,359 Speaker 22: That is not easy, I get it. But the second 1062 00:49:30,400 --> 00:49:32,280 Speaker 22: thing is what are the structural options that are available 1063 00:49:32,280 --> 00:49:34,480 Speaker 22: to us today in the current market to see that 1064 00:49:34,480 --> 00:49:37,120 Speaker 22: we can improve competition as well. Those are two really 1065 00:49:37,160 --> 00:49:40,160 Speaker 22: substantive pieces of work. They're important pieces of work. We're 1066 00:49:40,160 --> 00:49:41,880 Speaker 22: not going to die wondering whether there was more for 1067 00:49:41,960 --> 00:49:43,360 Speaker 22: us to do to get Ky's a better deal at 1068 00:49:43,360 --> 00:49:47,279 Speaker 22: the supermarket that's agat So why would you do Last year, well, 1069 00:49:47,320 --> 00:49:49,680 Speaker 22: we had a situation where the actions of the previous 1070 00:49:49,760 --> 00:49:52,840 Speaker 22: government they put in place a Commissioner Code of Conduct 1071 00:49:52,880 --> 00:49:55,000 Speaker 22: some other stuff that was reviewed at the end of 1072 00:49:55,080 --> 00:49:57,480 Speaker 22: last year and found not to have worked or been efficient. 1073 00:49:57,560 --> 00:49:58,759 Speaker 3: And that's why we're going further now. 1074 00:49:58,880 --> 00:50:01,480 Speaker 2: Right, Yeah, I can't work out is you don't need 1075 00:50:01,520 --> 00:50:04,080 Speaker 2: you six weeks. You hit the phones and go why 1076 00:50:04,120 --> 00:50:07,960 Speaker 2: aren't you here? Ring the warehouse, ring anybody, ring, costco, ring, 1077 00:50:08,080 --> 00:50:09,759 Speaker 2: ld ring, just to wring them up and just go 1078 00:50:09,880 --> 00:50:12,680 Speaker 2: what's the problem? Let me let me dulk you out. 1079 00:50:13,440 --> 00:50:15,080 Speaker 22: And that's what we'll be doing as part of that 1080 00:50:15,160 --> 00:50:18,320 Speaker 22: formal six week process, so the payers will be contact. 1081 00:50:18,400 --> 00:50:20,160 Speaker 2: You don't need a formal six week process. You don't 1082 00:50:20,200 --> 00:50:22,000 Speaker 2: need a speech on a Sunday morning. What you need 1083 00:50:22,040 --> 00:50:23,360 Speaker 2: is a phone call to a couple of people and go, 1084 00:50:23,480 --> 00:50:25,040 Speaker 2: what's the problem and if there is a problem you 1085 00:50:25,040 --> 00:50:25,719 Speaker 2: can solve, just. 1086 00:50:25,719 --> 00:50:28,560 Speaker 22: Get on and do it well, whether you're doing individual 1087 00:50:28,600 --> 00:50:30,800 Speaker 22: phone calls or whether you do it in a formalized 1088 00:50:30,800 --> 00:50:32,160 Speaker 22: process over a six week window. 1089 00:50:32,480 --> 00:50:34,359 Speaker 3: I don't think that's too much to ask. I think 1090 00:50:34,400 --> 00:50:35,920 Speaker 3: all those major players will be talked to. 1091 00:50:36,280 --> 00:50:38,680 Speaker 22: And importantly, what this is about is just making sure 1092 00:50:38,719 --> 00:50:41,719 Speaker 22: that we have done everything we possibly can, and we've 1093 00:50:41,719 --> 00:50:43,680 Speaker 22: talked about it for years, and we've got to make 1094 00:50:43,719 --> 00:50:46,320 Speaker 22: sure these two actions that actually we've got all the 1095 00:50:46,360 --> 00:50:48,560 Speaker 22: options that we've got. We're up for anything and everything 1096 00:50:48,560 --> 00:50:49,440 Speaker 22: to improve competition. 1097 00:50:49,880 --> 00:50:52,280 Speaker 2: She gave herself away and talking about twenty four billion 1098 00:50:52,280 --> 00:50:56,440 Speaker 2: dollar industry, which is more than tourism and dairy put together, 1099 00:50:57,160 --> 00:51:00,200 Speaker 2: she seem not to connect the dots that if this 1100 00:51:00,360 --> 00:51:03,960 Speaker 2: market is so big, so valuable, someone would have actually 1101 00:51:04,040 --> 00:51:07,040 Speaker 2: jumped in. Is it not possible that we are about 1102 00:51:07,040 --> 00:51:08,960 Speaker 2: where we are because we're a tiny notion at the 1103 00:51:08,960 --> 00:51:10,719 Speaker 2: bottom of the world and it's two big players plus 1104 00:51:10,800 --> 00:51:12,399 Speaker 2: a bunch of small ones and that's our lot. 1105 00:51:13,560 --> 00:51:15,480 Speaker 22: Well, I think the point is it's a fair challenge 1106 00:51:15,480 --> 00:51:17,359 Speaker 22: you make, which is that it's a profitable sector and 1107 00:51:17,400 --> 00:51:20,239 Speaker 22: if actually, if it truly was competitive, you would have 1108 00:51:20,239 --> 00:51:22,040 Speaker 22: actually had a big player come in. That's the other 1109 00:51:22,080 --> 00:51:23,520 Speaker 22: way to look at it. And I think the key 1110 00:51:23,520 --> 00:51:26,319 Speaker 22: thing for us is making sure the settings are as 1111 00:51:26,520 --> 00:51:29,480 Speaker 22: competitive as they possibly can be, because clearly the market 1112 00:51:29,520 --> 00:51:33,520 Speaker 22: isn't working to attract overseas entrance into it. And I 1113 00:51:33,560 --> 00:51:35,920 Speaker 22: get it, that's a big, big you know, it's a 1114 00:51:35,920 --> 00:51:38,680 Speaker 22: big investment for it an overseas player or a local 1115 00:51:38,680 --> 00:51:42,560 Speaker 22: player to step up into a national network of supermarkets. 1116 00:51:42,880 --> 00:51:45,160 Speaker 22: But if that's the point is, we want to make 1117 00:51:45,200 --> 00:51:49,080 Speaker 22: sure that there's any any regulatory barriers, obstacles, anything that's 1118 00:51:49,080 --> 00:51:52,040 Speaker 22: getting in the way, that's that's not letting that investment 1119 00:51:52,080 --> 00:51:52,560 Speaker 22: come through. 1120 00:51:53,160 --> 00:51:55,720 Speaker 2: We want to remove What about the argument that David 1121 00:51:55,719 --> 00:51:58,120 Speaker 2: Seymour makes, and I've got some time for it. What 1122 00:51:58,200 --> 00:52:01,440 Speaker 2: message do you send the world that you're a government who, 1123 00:52:01,719 --> 00:52:04,920 Speaker 2: upon looking at it, might go tell you what we 1124 00:52:05,000 --> 00:52:06,959 Speaker 2: think you make a bit much money will just bust 1125 00:52:07,040 --> 00:52:07,480 Speaker 2: you open. 1126 00:52:08,800 --> 00:52:11,640 Speaker 22: No, this is actually about a market that actually isn't 1127 00:52:11,800 --> 00:52:13,080 Speaker 22: as competitive as it can be. 1128 00:52:13,160 --> 00:52:15,960 Speaker 2: And subsequently, but according to who, well. 1129 00:52:15,840 --> 00:52:18,200 Speaker 22: According to we've seen the Commerce Commission come through, We've 1130 00:52:18,200 --> 00:52:20,319 Speaker 22: seen you know, there's been a number of reviews in the. 1131 00:52:20,239 --> 00:52:22,400 Speaker 3: Past about all of this or aspects of the sector. 1132 00:52:22,719 --> 00:52:24,960 Speaker 22: And so the bottom line is where markets are failing 1133 00:52:25,080 --> 00:52:28,320 Speaker 22: or are not working. So you think the market you've seen, well, 1134 00:52:28,360 --> 00:52:30,200 Speaker 22: we want to make sure that we've done everything we 1135 00:52:30,239 --> 00:52:33,560 Speaker 22: can mike to remove any impediments obstacles to getting more 1136 00:52:33,600 --> 00:52:34,600 Speaker 22: competition in the sector. 1137 00:52:34,640 --> 00:52:37,560 Speaker 3: Why wouldn't you do that? Why wouldn't you exhaust every 1138 00:52:37,560 --> 00:52:38,480 Speaker 3: option available to you? 1139 00:52:38,520 --> 00:52:41,040 Speaker 2: Why would you go wondering there was US three yesterday 1140 00:52:41,239 --> 00:52:44,000 Speaker 2: and we will break you up. Now what message does 1141 00:52:44,040 --> 00:52:46,319 Speaker 2: that see the rest of the world in any business area, 1142 00:52:46,480 --> 00:52:48,960 Speaker 2: especially when you're looking for money, that the day that 1143 00:52:49,080 --> 00:52:51,239 Speaker 2: Crystal Luxen wakes up one morning and decides he doesn't 1144 00:52:51,320 --> 00:52:53,279 Speaker 2: like the industry anymore, will threaten to break you up. 1145 00:52:54,120 --> 00:52:57,759 Speaker 22: No, there's been international investors that have been coming at 1146 00:52:57,760 --> 00:53:00,359 Speaker 22: our infrastructure summit. You know, want to know that entering 1147 00:53:00,400 --> 00:53:03,240 Speaker 22: a competitive market, that they actually got a really fair 1148 00:53:03,320 --> 00:53:05,640 Speaker 22: deal and they've actually got an equal opportunity to be 1149 00:53:05,680 --> 00:53:09,839 Speaker 22: able to compete strongly against a competitor locally. Right, that's 1150 00:53:09,920 --> 00:53:12,320 Speaker 22: completely reasonable, that's what they should be expecting. 1151 00:53:12,680 --> 00:53:12,879 Speaker 3: Here. 1152 00:53:13,120 --> 00:53:16,120 Speaker 22: We've got some structural challenges that obviously we haven't been 1153 00:53:16,160 --> 00:53:18,480 Speaker 22: able to get a third interest in. Obviously we've got 1154 00:53:18,520 --> 00:53:21,400 Speaker 22: to a duopoly where actually prices that quies are paying 1155 00:53:21,440 --> 00:53:24,399 Speaker 22: are high, and we should be exhausting everything we can. 1156 00:53:24,520 --> 00:53:25,360 Speaker 3: Now that's hard. 1157 00:53:25,920 --> 00:53:28,800 Speaker 2: Look, when you see structural challenges, I can't short of 1158 00:53:28,880 --> 00:53:30,680 Speaker 2: the early on in the piece, there was the land 1159 00:53:30,680 --> 00:53:32,839 Speaker 2: holding thing, and they grabbed some land and they held 1160 00:53:32,840 --> 00:53:35,280 Speaker 2: it and they prevented other people getting into the market. 1161 00:53:35,320 --> 00:53:37,960 Speaker 2: I got that that was reprehensible, but that's been solved. 1162 00:53:38,520 --> 00:53:41,319 Speaker 2: I can't see any structural challenges to somebody with the 1163 00:53:41,600 --> 00:53:43,640 Speaker 2: checkbook to come in if they wanted to and take 1164 00:53:43,640 --> 00:53:45,520 Speaker 2: ten percent into the market. I don't know what that 1165 00:53:45,560 --> 00:53:47,920 Speaker 2: structural challenges and I don't think you do either, do you. 1166 00:53:48,800 --> 00:53:51,040 Speaker 22: Well, that's why we're doing the review in six weeks 1167 00:53:51,080 --> 00:53:53,200 Speaker 22: to find out exactly if you're sitting in the perspective 1168 00:53:53,239 --> 00:53:56,320 Speaker 22: of international entrance or even local entrants that want to 1169 00:53:56,320 --> 00:53:59,080 Speaker 22: scale up to become a national providers, we want to 1170 00:53:59,120 --> 00:54:01,600 Speaker 22: understand from their point of view what they are experiencing 1171 00:54:01,640 --> 00:54:03,719 Speaker 22: and what what are the obstacles for stopping them from 1172 00:54:03,760 --> 00:54:06,319 Speaker 22: being able to actually set up a network in that way. 1173 00:54:06,480 --> 00:54:08,239 Speaker 22: The second thing is we do want to understand what 1174 00:54:08,280 --> 00:54:10,920 Speaker 22: structural options we could possibly implant to make that market 1175 00:54:11,000 --> 00:54:13,759 Speaker 22: more competitive. And it may well mean you look at 1176 00:54:14,120 --> 00:54:18,280 Speaker 22: vertical or horizontal integration issues and some more structural reform 1177 00:54:18,320 --> 00:54:20,880 Speaker 22: around that. But always saying is look, this is a 1178 00:54:20,920 --> 00:54:23,480 Speaker 22: market that actually needs to be more competitive, needs to 1179 00:54:23,480 --> 00:54:25,760 Speaker 22: have more innovation in it, and key weis need to 1180 00:54:26,000 --> 00:54:26,920 Speaker 22: get better prices. 1181 00:54:27,239 --> 00:54:29,600 Speaker 2: Why did you buy planes? You couldn't service for the 1182 00:54:29,600 --> 00:54:30,080 Speaker 2: air Force. 1183 00:54:32,040 --> 00:54:33,920 Speaker 3: And what what are you talking about? Which planes? 1184 00:54:34,040 --> 00:54:38,680 Speaker 2: The Poseidon planes, the P eights, We can't service them. 1185 00:54:38,719 --> 00:54:40,600 Speaker 2: We send them to Australia. Why would you buy planes 1186 00:54:40,680 --> 00:54:43,040 Speaker 2: you can't service. Oh, that's quite normal. 1187 00:54:43,120 --> 00:54:48,360 Speaker 22: There's often expertise on the ground for engine maintenance and 1188 00:54:48,400 --> 00:54:50,680 Speaker 22: repairs and aircraft maintenance. 1189 00:54:50,680 --> 00:54:51,480 Speaker 3: That's quite normal. 1190 00:54:51,520 --> 00:54:53,160 Speaker 22: You know in New Zealand will send aircraft off to 1191 00:54:53,200 --> 00:54:56,480 Speaker 22: Singapore for example, if it needs to have heavy maintenance. 1192 00:54:58,280 --> 00:55:00,640 Speaker 2: We had the expertise to do that jobs on shore, 1193 00:55:00,680 --> 00:55:03,000 Speaker 2: we'd have the business on shore. We'd look after our 1194 00:55:03,000 --> 00:55:03,560 Speaker 2: own planes. 1195 00:55:04,120 --> 00:55:06,359 Speaker 22: Sure, but we've got four P eights and we've got 1196 00:55:06,400 --> 00:55:08,160 Speaker 22: a fleet of them sitting in the Australian Air Force. 1197 00:55:08,160 --> 00:55:09,880 Speaker 22: They're exactly the same as ours. We want to be 1198 00:55:10,000 --> 00:55:13,160 Speaker 22: interoperable with Australia. We want to have as much, you know, 1199 00:55:13,200 --> 00:55:17,080 Speaker 22: an ANZAC force essentially between the two countries, so many 1200 00:55:17,280 --> 00:55:19,520 Speaker 22: you know, they sometimes use different parts. They use our 1201 00:55:19,560 --> 00:55:22,520 Speaker 22: aircraft and sometimes for their operations we use theirs. This 1202 00:55:22,680 --> 00:55:24,759 Speaker 22: is I think very pragmatic, very sensible sort of way 1203 00:55:24,800 --> 00:55:25,000 Speaker 22: to go. 1204 00:55:25,080 --> 00:55:27,040 Speaker 2: All right, appreciate times, see you next month. They appreciate it. 1205 00:55:27,280 --> 00:55:30,000 Speaker 2: Christoph Lux and the Prime Minister. Excuse me, it is 1206 00:55:30,040 --> 00:55:31,160 Speaker 2: thirteen minutes away from eight. 1207 00:55:32,360 --> 00:55:36,880 Speaker 1: The Vike Asking Breakfast Full Show podcast on iHeartRadio powered 1208 00:55:36,880 --> 00:55:37,880 Speaker 1: by News Talks. 1209 00:55:37,600 --> 00:55:41,240 Speaker 2: At be Mike's lux Surrey wants to change to a Monday. 1210 00:55:41,280 --> 00:55:44,080 Speaker 2: Not sure he is enjoying across examination the warehouse. Mic 1211 00:55:44,120 --> 00:55:46,719 Speaker 2: has failed twice now, once a full blown supermarket, when 1212 00:55:46,760 --> 00:55:49,480 Speaker 2: Sylvia Park open, now scaled back option and suit you 1213 00:55:50,000 --> 00:55:52,239 Speaker 2: they had the scale domestically but still couldn't make it work. 1214 00:55:52,280 --> 00:55:54,800 Speaker 2: This is my point. No one seems to be applying 1215 00:55:54,880 --> 00:55:56,440 Speaker 2: much logic to this. I don't know if you've got 1216 00:55:56,440 --> 00:55:58,000 Speaker 2: the same thing out of that interview. It's just like 1217 00:55:58,080 --> 00:55:59,880 Speaker 2: we want to make sure that we haven't done it 1218 00:56:00,160 --> 00:56:02,400 Speaker 2: thing we could fair enough. Nothing wrong with that. You 1219 00:56:02,480 --> 00:56:05,840 Speaker 2: want a competitive market, fully agree, but you could have 1220 00:56:05,880 --> 00:56:09,000 Speaker 2: done that by now. I mean providing an open, free, 1221 00:56:09,400 --> 00:56:12,520 Speaker 2: competitive market isn't hard, because we do that in all 1222 00:56:12,560 --> 00:56:16,600 Speaker 2: sorts of different areas around. What's so weird and confusing 1223 00:56:16,640 --> 00:56:19,520 Speaker 2: about supermarkets that we're not able to suddenly work out 1224 00:56:19,520 --> 00:56:21,680 Speaker 2: what we need or not need to do us Luxamway 1225 00:56:21,680 --> 00:56:24,480 Speaker 2: doesn't bring it another airline as well, Mike, I've just 1226 00:56:24,480 --> 00:56:26,560 Speaker 2: been listening to yet another example of what's typical in 1227 00:56:26,600 --> 00:56:28,520 Speaker 2: this country. We talk about anything for years, but when 1228 00:56:28,520 --> 00:56:30,960 Speaker 2: it comes to actually doing anything, forget it. Mike's supermarket. 1229 00:56:31,040 --> 00:56:33,440 Speaker 2: You made a point, Why don't others simply start up, 1230 00:56:33,440 --> 00:56:36,080 Speaker 2: remember and set. What new players will be looking for 1231 00:56:36,160 --> 00:56:38,520 Speaker 2: is protection from the government, and the government will provide 1232 00:56:38,520 --> 00:56:42,120 Speaker 2: to prevent anti competitive actions by incumbent players. That's fine, 1233 00:56:42,160 --> 00:56:43,799 Speaker 2: but we've done all of that. We've been through all 1234 00:56:43,840 --> 00:56:46,800 Speaker 2: of this. We had the grocery Commissioner, we had new rules, 1235 00:56:46,800 --> 00:56:49,880 Speaker 2: we've had the talk about the price gouging, the supermarkets 1236 00:56:49,920 --> 00:56:51,919 Speaker 2: who used to buy land to prevent you from opening 1237 00:56:52,000 --> 00:56:54,520 Speaker 2: up your supermarket across the road from the current supermarket. 1238 00:56:54,840 --> 00:56:57,760 Speaker 2: All of that's gone, and so we're not criticizing the ovenment. 1239 00:56:57,760 --> 00:56:59,680 Speaker 2: The government have done, as far as I can work out, 1240 00:57:00,239 --> 00:57:04,399 Speaker 2: everything possible to make it an open playing field, and 1241 00:57:04,480 --> 00:57:07,359 Speaker 2: why they need another six weeks to do yet again 1242 00:57:07,480 --> 00:57:10,120 Speaker 2: the same thing, is it not entirely possible. We'll get 1243 00:57:10,160 --> 00:57:12,319 Speaker 2: to the end of the six weeks and we'll go 1244 00:57:12,360 --> 00:57:15,719 Speaker 2: there's nothing more we can do other than bust up 1245 00:57:15,760 --> 00:57:18,560 Speaker 2: these two companies. And here's how we're going to bust 1246 00:57:18,560 --> 00:57:20,360 Speaker 2: them up. And for that, we're going to need some law, 1247 00:57:20,440 --> 00:57:22,120 Speaker 2: and we'll get the law into the House this year, 1248 00:57:22,120 --> 00:57:23,880 Speaker 2: and it will take all of next year to pass it, 1249 00:57:24,040 --> 00:57:26,800 Speaker 2: which means you then go to an election, and so 1250 00:57:26,880 --> 00:57:29,600 Speaker 2: your first term's come in complete and utterly wasted. And 1251 00:57:29,640 --> 00:57:31,920 Speaker 2: then during the election campaign you're going to have people 1252 00:57:31,960 --> 00:57:35,320 Speaker 2: asking questions like, are you the sort of government who, 1253 00:57:35,400 --> 00:57:39,920 Speaker 2: upon seeing a market you don't like, is not against 1254 00:57:39,920 --> 00:57:42,760 Speaker 2: actually busting up in interference. Now, if you are, why 1255 00:57:42,760 --> 00:57:45,840 Speaker 2: would you then be a person overseas with money coming 1256 00:57:45,880 --> 00:57:48,080 Speaker 2: into this country to invest when you don't know what 1257 00:57:48,160 --> 00:57:50,800 Speaker 2: the landscape is if the government wakes up one morning 1258 00:57:50,840 --> 00:57:55,360 Speaker 2: and decides they don't like it anymore, or questions like that. 1259 00:57:55,640 --> 00:57:56,880 Speaker 2: Eight minutes away from eight. 1260 00:57:57,480 --> 00:58:01,560 Speaker 1: The Mike asking Breakfast with Bailey's real estate news talk Zby. 1261 00:58:01,840 --> 00:58:03,600 Speaker 2: I'll listen to what he said about Winston. 1262 00:58:05,000 --> 00:58:06,880 Speaker 22: I don't need the new fairies for a while, and 1263 00:58:06,920 --> 00:58:08,560 Speaker 22: there's plenty of time in the process for him to 1264 00:58:08,560 --> 00:58:10,720 Speaker 22: look at alternative options and to really go deep and 1265 00:58:10,760 --> 00:58:11,720 Speaker 22: explore it even further. 1266 00:58:11,760 --> 00:58:16,320 Speaker 3: So, you know, let's see what he says, is. 1267 00:58:16,280 --> 00:58:20,280 Speaker 2: That a guy call me old fashioned. What I thought 1268 00:58:20,320 --> 00:58:22,960 Speaker 2: was going to happen by the end of March was 1269 00:58:23,080 --> 00:58:25,800 Speaker 2: he would this afternoon, present a picture saying, ladies and gentlemen, 1270 00:58:25,840 --> 00:58:28,800 Speaker 2: I've gone to let's make it up Hyundai, and I've 1271 00:58:28,840 --> 00:58:31,080 Speaker 2: signed a deal with Hyundai and they're going to provide 1272 00:58:31,160 --> 00:58:33,840 Speaker 2: us with two or three of these x y Z 1273 00:58:34,040 --> 00:58:35,880 Speaker 2: fill in the dot, whatever the name of the ships are. 1274 00:58:36,400 --> 00:58:39,240 Speaker 2: And they're going to cost this country x yd film 1275 00:58:39,280 --> 00:58:41,280 Speaker 2: the name of that's going to cost ext one hundred 1276 00:58:41,320 --> 00:58:43,880 Speaker 2: million dollars. And as a result of that, they're going 1277 00:58:43,920 --> 00:58:46,520 Speaker 2: to be rail enabled or not. And as a result 1278 00:58:46,520 --> 00:58:48,680 Speaker 2: of that, we're going to need some infrastructure in Wellington 1279 00:58:48,760 --> 00:58:50,760 Speaker 2: or Picton or Northport or whatever the case may be. 1280 00:58:50,840 --> 00:58:53,040 Speaker 2: And I was expecting the detail today. 1281 00:58:53,120 --> 00:58:54,560 Speaker 9: I was what gave you that idea? 1282 00:58:54,640 --> 00:58:55,960 Speaker 14: Was it when he said that we've. 1283 00:58:55,760 --> 00:58:57,720 Speaker 3: Got to keep taking barnacles off this boat? 1284 00:58:59,040 --> 00:59:00,280 Speaker 14: Or was it when he said you. 1285 00:59:00,240 --> 00:59:02,720 Speaker 22: Watch for the rolling thunder, Mike plusk that's coming. 1286 00:59:03,440 --> 00:59:06,200 Speaker 2: Just like, come on, if I don't get some boats 1287 00:59:06,240 --> 00:59:09,360 Speaker 2: some names of boats and the cost of those ships 1288 00:59:09,520 --> 00:59:12,280 Speaker 2: and how much infrastructure is we're going to have more 1289 00:59:12,400 --> 00:59:16,160 Speaker 2: exploration and more time and more chats. What have we 1290 00:59:16,320 --> 00:59:19,720 Speaker 2: actually achieved in a year and a half, remembering, of course, 1291 00:59:19,760 --> 00:59:24,400 Speaker 2: they spent all of last year going exactly nowhere until 1292 00:59:24,400 --> 00:59:27,640 Speaker 2: we got to December and Nikola Willis made the grandiose 1293 00:59:27,640 --> 00:59:32,240 Speaker 2: announcement that the fairy announcement is Winston Peters is the 1294 00:59:32,280 --> 00:59:34,880 Speaker 2: new Minister for Fairies and so off he was going 1295 00:59:34,920 --> 00:59:36,560 Speaker 2: to go until the end of March and we were 1296 00:59:36,560 --> 00:59:38,680 Speaker 2: going to get all the detail we needed. Are we 1297 00:59:38,760 --> 00:59:41,600 Speaker 2: going to get that detail today or not? And if 1298 00:59:41,600 --> 00:59:48,160 Speaker 2: we're not? Is that two damp squid announcements within twenty 1299 00:59:48,160 --> 00:59:51,760 Speaker 2: four hours saying things that really achieved nothing go nowhere 1300 00:59:52,120 --> 00:59:54,000 Speaker 2: that are just more well. 1301 00:59:54,040 --> 00:59:55,480 Speaker 3: I think it's a Kickr solution. 1302 00:59:56,320 --> 01:00:02,439 Speaker 23: News is next, the News and the Newsmakers, the mic 1303 01:00:02,520 --> 01:00:07,320 Speaker 23: Hosking Breakfast with Bailey's real Estate altogether better across residential, 1304 01:00:07,360 --> 01:00:08,600 Speaker 23: commercial and rural. 1305 01:00:08,680 --> 01:00:09,640 Speaker 1: News talks, head. 1306 01:00:09,440 --> 01:00:16,600 Speaker 2: Bes, room chills, No wrong, no wrong car. 1307 01:00:18,240 --> 01:00:20,440 Speaker 19: What a performance from the Hurricanes. 1308 01:00:20,520 --> 01:00:25,160 Speaker 10: They have absolutely wipe the warra cars here Tonight eight. 1309 01:00:25,080 --> 01:00:29,320 Speaker 14: Set Brambys bounce back with a win against the Highlanders 1310 01:00:29,360 --> 01:00:32,040 Speaker 14: the School thirty four to twenty seven. 1311 01:00:32,240 --> 01:00:37,080 Speaker 2: A miracule ad March Fazzano Bugger's been for the first time. 1312 01:00:37,880 --> 01:00:42,360 Speaker 24: They beat the Crusaders and Christs. 1313 01:00:42,040 --> 01:00:44,640 Speaker 12: The rock Tacks, the Cats. 1314 01:00:44,680 --> 01:00:46,800 Speaker 1: To putish things off when you're on they won the 1315 01:00:46,800 --> 01:00:49,320 Speaker 1: first match here in nightteen. 1316 01:00:49,520 --> 01:00:53,000 Speaker 2: We're finished here in Brisbane. The raw nil Autland deft 1317 01:00:53,040 --> 01:00:54,800 Speaker 2: C two a full time. 1318 01:00:55,440 --> 01:00:59,880 Speaker 20: The Warriors twenty six have beaten the Tigers twenty four. 1319 01:01:00,720 --> 01:01:04,280 Speaker 1: The Monday Morning commentary barks on the Mike Husking breakfast 1320 01:01:04,400 --> 01:01:08,320 Speaker 1: with Spears Finance, supporting Kiwi businesses with finance solutions for 1321 01:01:08,400 --> 01:01:09,520 Speaker 1: over fifty years. 1322 01:01:09,800 --> 01:01:12,880 Speaker 2: Andrew Sabil and Jason Pine both well, this fellows, good morning. 1323 01:01:12,640 --> 01:01:14,320 Speaker 10: To you make. 1324 01:01:14,680 --> 01:01:17,479 Speaker 2: What would Andrew your story of the weekend be? Would 1325 01:01:17,480 --> 01:01:20,040 Speaker 2: it be the Mawana Pacific win? The breaker is under 1326 01:01:20,120 --> 01:01:23,040 Speaker 2: new ownership Fox. He would have been in there if 1327 01:01:23,040 --> 01:01:25,760 Speaker 2: he wasn't falling down the leaderboard. But say Fox potentially 1328 01:01:25,800 --> 01:01:30,680 Speaker 2: winning Warriors three in a row. There's some good stories there. 1329 01:01:31,600 --> 01:01:34,439 Speaker 19: It was a great weekend. I think Moana hands down. 1330 01:01:34,920 --> 01:01:39,480 Speaker 19: No one absolutely no one picked them, would have picked them, 1331 01:01:39,520 --> 01:01:42,160 Speaker 19: picked them to go and winning christ Church against the 1332 01:01:42,240 --> 01:01:45,600 Speaker 19: Crusaders who are in a pretty good trot. The resurgent Crusaders. 1333 01:01:45,640 --> 01:01:48,880 Speaker 19: I thought that was an outstanding effort from Mardie Savi 1334 01:01:49,080 --> 01:01:52,240 Speaker 19: and his team. You know, they played with poise. They 1335 01:01:52,520 --> 01:01:56,320 Speaker 19: had their best game probably since their existence began a 1336 01:01:56,360 --> 01:01:59,960 Speaker 19: few years ago. Mike, and they've been giving up chunk 1337 01:02:00,160 --> 01:02:05,360 Speaker 19: of tries this season. They didn't do that. They they 1338 01:02:05,680 --> 01:02:08,160 Speaker 19: they started well and they and they just kept going 1339 01:02:08,160 --> 01:02:10,440 Speaker 19: and finish well. I think everybody expected the Crusaders to 1340 01:02:10,440 --> 01:02:12,600 Speaker 19: come back, but I thought that was aff In fact, 1341 01:02:12,600 --> 01:02:14,560 Speaker 19: they've had two wins. They should they should have had 1342 01:02:14,600 --> 01:02:15,440 Speaker 19: four winds so far. 1343 01:02:15,560 --> 01:02:16,919 Speaker 9: Yeah, but they should be run up to the table. 1344 01:02:17,000 --> 01:02:19,760 Speaker 2: Yeah they haven't. But that's my point is that you're 1345 01:02:19,760 --> 01:02:22,440 Speaker 2: getting excited about one win and on your day, anyone 1346 01:02:22,440 --> 01:02:24,680 Speaker 2: can beat anybody. Or is it a sign that there's 1347 01:02:24,720 --> 01:02:25,560 Speaker 2: something brewing. 1348 01:02:27,280 --> 01:02:29,480 Speaker 19: I think there's a sign that there's something brewing. I 1349 01:02:29,480 --> 01:02:31,680 Speaker 19: think clearly Savvy has added a lot to the team. 1350 01:02:31,720 --> 01:02:34,560 Speaker 19: PALEGREENI the first five he's new this year. He's added 1351 01:02:34,560 --> 01:02:36,360 Speaker 19: a lot to this team. They've got some good coaches, 1352 01:02:36,840 --> 01:02:38,560 Speaker 19: good structures in place, new owners. 1353 01:02:38,600 --> 01:02:38,800 Speaker 10: Mike. 1354 01:02:38,920 --> 01:02:41,800 Speaker 19: I think, I think, yeah, this is this is something happening. 1355 01:02:41,960 --> 01:02:44,640 Speaker 2: Okay, just quickly, Jason, before I forget the game last 1356 01:02:44,720 --> 01:02:47,720 Speaker 2: night to nil? Were the conditions The East Coast of 1357 01:02:47,760 --> 01:02:50,000 Speaker 2: Australia has had a shocking summer. 1358 01:02:51,480 --> 01:02:56,200 Speaker 24: Yeah, Look, I think sun Corpse Stadium is as suffered 1359 01:02:56,520 --> 01:03:00,240 Speaker 24: from that MIC and also being a multi use venue. Yeah, 1360 01:03:00,240 --> 01:03:01,640 Speaker 24: Auckland got the job done. 1361 01:03:02,080 --> 01:03:02,680 Speaker 9: I think we can. 1362 01:03:02,760 --> 01:03:05,080 Speaker 24: We can sort of go over it quite quickly and 1363 01:03:05,080 --> 01:03:07,440 Speaker 24: say yep, job done to nil. Highlight for me in 1364 01:03:07,440 --> 01:03:10,600 Speaker 24: the weekend was the Warriors last night. I thought they 1365 01:03:10,600 --> 01:03:15,200 Speaker 24: were tremendous and resilient coming back Luke Metcalf, I mean, 1366 01:03:15,240 --> 01:03:19,120 Speaker 24: big boots to fill. With Sean Johnson departing, I think 1367 01:03:19,200 --> 01:03:22,480 Speaker 24: he's starting to show the potential that Andrew Webster has 1368 01:03:22,480 --> 01:03:25,920 Speaker 24: seen in him. Clutch conversion and then a penalty right 1369 01:03:25,960 --> 01:03:27,840 Speaker 24: at the end into the wind in the rain. And 1370 01:03:27,840 --> 01:03:30,800 Speaker 24: what about this kid Leca Hala Sema, nineteen year old 1371 01:03:31,080 --> 01:03:33,880 Speaker 24: storming down the right wing to score the try that 1372 01:03:34,320 --> 01:03:36,840 Speaker 24: brought them level. I think, you know, that's a big 1373 01:03:36,880 --> 01:03:39,480 Speaker 24: game for the Warriors, you know, to win away like that, 1374 01:03:39,600 --> 01:03:42,080 Speaker 24: I think we can put Vegas in the rear view 1375 01:03:42,160 --> 01:03:43,400 Speaker 24: mirror three in a row. 1376 01:03:44,440 --> 01:03:46,000 Speaker 9: Who knows, who knows? Well? 1377 01:03:46,040 --> 01:03:46,280 Speaker 1: I do. 1378 01:03:46,560 --> 01:03:50,440 Speaker 2: It's our year, So don't say. 1379 01:03:50,200 --> 01:03:52,280 Speaker 19: A couple of things. A couple of things. There was 1380 01:03:52,320 --> 01:03:54,320 Speaker 19: no one at the football and Brison was there Jason 1381 01:03:54,360 --> 01:03:57,200 Speaker 19: that that was a ridiculous look. So surely a league 1382 01:03:57,560 --> 01:04:00,360 Speaker 19: management must sit back and look at Auckland FC, start 1383 01:04:00,400 --> 01:04:02,960 Speaker 19: and think, gee, this is a godsend for our competition, 1384 01:04:03,440 --> 01:04:04,960 Speaker 19: seeing crowd, seeing fans. 1385 01:04:05,040 --> 01:04:07,080 Speaker 24: Yeah, yeah, it was like a COVID game, wasn't it 1386 01:04:07,160 --> 01:04:11,080 Speaker 24: last night? Are Yeah, Athleebas are But Auckland can only 1387 01:04:11,080 --> 01:04:12,760 Speaker 24: do what's in front of them. They get the win 1388 01:04:13,120 --> 01:04:15,800 Speaker 24: back at home on Saturday. Be a big crowd there 1389 01:04:15,840 --> 01:04:19,360 Speaker 24: on Saturday. By comparison against Western Sydney, seven points clear 1390 01:04:19,400 --> 01:04:23,440 Speaker 24: at the top with four or five games to go. 1391 01:04:23,880 --> 01:04:26,040 Speaker 9: Yeah, it's over, isn't it really? 1392 01:04:26,080 --> 01:04:27,600 Speaker 2: I mean, you can't lose from here, can you? 1393 01:04:28,480 --> 01:04:29,000 Speaker 9: Should They? 1394 01:04:29,040 --> 01:04:32,040 Speaker 24: Well, they shouldn't. They shouldn't from here. They've got a 1395 01:04:32,040 --> 01:04:34,800 Speaker 24: good run and a couple of difficult away games. But yeah, 1396 01:04:34,840 --> 01:04:36,920 Speaker 24: I just I mean, I've been so impressed, as I 1397 01:04:36,960 --> 01:04:39,360 Speaker 24: know you guys have with everything around this football club. 1398 01:04:40,120 --> 01:04:42,640 Speaker 24: Finals are coming to coming to Mount Smart. 1399 01:04:42,960 --> 01:04:44,400 Speaker 2: Yeah what what are they going to do? 1400 01:04:44,840 --> 01:04:45,080 Speaker 9: Sav? 1401 01:04:45,160 --> 01:04:46,760 Speaker 2: I mean, I think you've hung out with the Breakers 1402 01:04:46,760 --> 01:04:48,880 Speaker 2: a bit over the years, haven't you. With these new 1403 01:04:48,920 --> 01:04:52,280 Speaker 2: ownership model, did the Blackwells are back? I mean, where 1404 01:04:52,320 --> 01:04:54,240 Speaker 2: did all this come from? Because we don't sort of 1405 01:04:54,320 --> 01:04:55,960 Speaker 2: becover the Breakers the way we used to because they're 1406 01:04:55,960 --> 01:04:57,680 Speaker 2: not that good anymore. But I mean we're we're so 1407 01:04:57,760 --> 01:04:59,680 Speaker 2: out of the blue sudthing bing here, I am with it. 1408 01:05:00,000 --> 01:05:00,440 Speaker 2: What's happened? 1409 01:05:00,480 --> 01:05:06,000 Speaker 19: Well, I think, look, Mark Mitchell, this American business, and 1410 01:05:06,040 --> 01:05:08,040 Speaker 19: he was linked with the with the Auckland f C 1411 01:05:08,400 --> 01:05:11,560 Speaker 19: or the A League license. His name was touted or 1412 01:05:11,560 --> 01:05:15,280 Speaker 19: floated around that in the in the early stages. But Mikeah, 1413 01:05:15,280 --> 01:05:18,600 Speaker 19: I think, look, the American ownership group under Matt Walsh 1414 01:05:19,120 --> 01:05:22,360 Speaker 19: had been hawking it off for some time around the 1415 01:05:22,360 --> 01:05:24,960 Speaker 19: Sporting Trap, so he and his group wanted to get 1416 01:05:25,040 --> 01:05:27,760 Speaker 19: rid of the breakers or sell them. It's a great 1417 01:05:27,800 --> 01:05:30,400 Speaker 19: move that there's a lot of Kiwi's back involved now 1418 01:05:31,040 --> 01:05:34,160 Speaker 19: in a management or a board level, if you like 1419 01:05:36,120 --> 01:05:39,360 Speaker 19: Dylan Boucher, Tom Abercrombie, two of the club's greatest players 1420 01:05:39,360 --> 01:05:42,040 Speaker 19: heavily involved in the new setup. That's great to see. 1421 01:05:42,560 --> 01:05:46,040 Speaker 19: My understanding is the coach, the finished coach they hired 1422 01:05:46,080 --> 01:05:48,760 Speaker 19: this year is likely to stay on and a number 1423 01:05:48,800 --> 01:05:50,840 Speaker 19: of the players are. But then they will look to 1424 01:05:50,880 --> 01:05:54,080 Speaker 19: inject I think a lot more key we flavor into 1425 01:05:54,080 --> 01:05:57,200 Speaker 19: the into the team and into the way this team plays. 1426 01:05:57,240 --> 01:05:59,720 Speaker 19: So I think it's good news. And look, Mike the 1427 01:05:59,720 --> 01:06:03,760 Speaker 19: Black calls original owners or that all long time owners. 1428 01:06:03,800 --> 01:06:06,919 Speaker 19: They had a lot of success, so it'll be good 1429 01:06:07,240 --> 01:06:09,000 Speaker 19: for the Breakers to have them back involved. 1430 01:06:09,040 --> 01:06:10,800 Speaker 2: BREU break More in the Moment, Jason Pin and andrews 1431 01:06:10,840 --> 01:06:12,040 Speaker 2: Sevil thirteen Past. 1432 01:06:12,800 --> 01:06:17,160 Speaker 1: The Mic Hosking Breakfast Full Show podcast on iHeartRadio, car 1433 01:06:17,240 --> 01:06:18,080 Speaker 1: it By News. 1434 01:06:17,880 --> 01:06:23,560 Speaker 20: Talksp News Talks, sixteen past eight the Monday Morning Commentary 1435 01:06:23,600 --> 01:06:27,400 Speaker 20: Box on the Mic Hosking Breakfast with Spears Finance supporting 1436 01:06:27,480 --> 01:06:30,880 Speaker 20: Kiwi businesses with finance solutions for over fifty years. 1437 01:06:30,920 --> 01:06:33,640 Speaker 2: Mike's sports story of the weekend. Surely Westlake Boys winning 1438 01:06:33,680 --> 01:06:35,160 Speaker 2: Marty Cup after forty years. 1439 01:06:36,200 --> 01:06:38,200 Speaker 19: Yeah, they were great scenes, as they always are. 1440 01:06:38,160 --> 01:06:39,920 Speaker 2: At the man, They're always great scenes, aren't they? 1441 01:06:39,960 --> 01:06:41,560 Speaker 19: Just just quickly, can I go back to the Breakers? 1442 01:06:41,560 --> 01:06:43,560 Speaker 19: Look the flip side of the downside of that is 1443 01:06:44,600 --> 01:06:48,120 Speaker 19: the staff that were working for the previous Breakers owners 1444 01:06:48,160 --> 01:06:49,880 Speaker 19: were told to clear out their desks. I think it 1445 01:06:49,960 --> 01:06:51,120 Speaker 19: was last Monday or Tuesday. 1446 01:06:51,120 --> 01:06:53,120 Speaker 10: Are all gone, All. 1447 01:06:52,920 --> 01:06:55,120 Speaker 19: Hard working people that have poured their heart and soul 1448 01:06:55,200 --> 01:06:58,600 Speaker 19: of the club. That's the other flip side. Harsh reality 1449 01:06:58,600 --> 01:07:01,080 Speaker 19: of pros fort, isn't it which someone Liam Lawson's learning 1450 01:07:01,120 --> 01:07:04,000 Speaker 19: all about now. So big clean out for the Breakers, 1451 01:07:04,000 --> 01:07:05,560 Speaker 19: but the new owners have come in and swept the 1452 01:07:05,640 --> 01:07:08,280 Speaker 19: room through and it's their club now. But yeah, back 1453 01:07:08,280 --> 01:07:12,240 Speaker 19: to the rowing. Great great result for West Late Boys. 1454 01:07:12,240 --> 01:07:15,000 Speaker 19: It was a fantastic race that came back. I think 1455 01:07:15,040 --> 01:07:19,240 Speaker 19: it was some beads or sacred happen maybe someone out. 1456 01:07:19,400 --> 01:07:21,760 Speaker 19: I think it was some beads that took over the 1457 01:07:21,800 --> 01:07:24,000 Speaker 19: lead and then the West Late Boys came through in 1458 01:07:24,040 --> 01:07:25,200 Speaker 19: one year forty years draft. 1459 01:07:25,200 --> 01:07:25,640 Speaker 9: Pretty good. 1460 01:07:25,720 --> 01:07:29,320 Speaker 2: The funny thing, isn't it. It's like I got to 1461 01:07:29,320 --> 01:07:31,480 Speaker 2: say I was involved. As an overstatement, but one of 1462 01:07:31,480 --> 01:07:33,040 Speaker 2: the kids was involved in rowing for a while and 1463 01:07:33,080 --> 01:07:34,920 Speaker 2: they went to a couple of Marty cups, and you know, 1464 01:07:34,960 --> 01:07:37,600 Speaker 2: they sort of go to Cambridge or Takapota, bending on 1465 01:07:37,640 --> 01:07:40,040 Speaker 2: the year, et cetera, et cetera. It's a sort of 1466 01:07:40,040 --> 01:07:44,600 Speaker 2: a thing, Jason, whereby you sort of it becomes the 1467 01:07:44,600 --> 01:07:47,080 Speaker 2: center of your world until you leave school and suddenly 1468 01:07:47,160 --> 01:07:49,720 Speaker 2: it isn't because no one goes on to row more, 1469 01:07:49,800 --> 01:07:51,240 Speaker 2: do they. You know what I mean? You might go 1470 01:07:51,320 --> 01:07:53,800 Speaker 2: to still play tennis, or you might kick a football, 1471 01:07:53,800 --> 01:07:55,880 Speaker 2: but very few people go on and carry on with 1472 01:07:55,880 --> 01:07:56,760 Speaker 2: their rowing, do they. 1473 01:07:57,120 --> 01:07:59,360 Speaker 19: Oh, some of them, I mean, some get scholarships to 1474 01:07:59,400 --> 01:08:01,960 Speaker 19: the States, and some then end up rowing for New Zealand, 1475 01:08:01,960 --> 01:08:03,439 Speaker 19: but not all yep, yep. 1476 01:08:04,200 --> 01:08:06,120 Speaker 24: I think that secondary school sport, isn't it. A lot 1477 01:08:06,160 --> 01:08:09,480 Speaker 24: of basketball is another great example. You know, hundreds and 1478 01:08:09,560 --> 01:08:12,600 Speaker 24: hundreds of kids playing secondary school basketball and then they 1479 01:08:12,680 --> 01:08:15,080 Speaker 24: leave school and there isn't really anywhere for them to go. 1480 01:08:15,200 --> 01:08:16,519 Speaker 9: So yeah, I think it's just second run. 1481 01:08:16,640 --> 01:08:18,720 Speaker 2: You should say that. I was watching I happen to 1482 01:08:18,720 --> 01:08:21,000 Speaker 2: see the very end of the Rams were playing. And 1483 01:08:21,240 --> 01:08:23,519 Speaker 2: who were they playing yesterday? I can't remember, it doesn't matter, 1484 01:08:23,960 --> 01:08:26,599 Speaker 2: but they were saying half the Rams, half the half 1485 01:08:26,600 --> 01:08:28,040 Speaker 2: the Rams sides of high school kids. 1486 01:08:30,280 --> 01:08:32,559 Speaker 9: It's the national basketball leagues like that. 1487 01:08:32,640 --> 01:08:36,280 Speaker 24: This year half of the Hawks, Bay Hawks are there's 1488 01:08:36,280 --> 01:08:38,240 Speaker 24: a there's a kid called Jackson Ball who could be 1489 01:08:38,640 --> 01:08:40,519 Speaker 24: anything he wants to be. He stopped scoring from the 1490 01:08:40,600 --> 01:08:43,360 Speaker 24: played forty minutes the other night. But yeah, it's so young. 1491 01:08:43,400 --> 01:08:44,880 Speaker 24: Now we're going to watch the Saints the other day. 1492 01:08:44,920 --> 01:08:47,280 Speaker 24: Actually are in Wellington and there are a lot of 1493 01:08:47,520 --> 01:08:49,160 Speaker 24: lot of youngsters in and around these teams. 1494 01:08:49,200 --> 01:08:51,040 Speaker 19: And again it's good, you know, a lot of I mean, 1495 01:08:51,040 --> 01:08:53,160 Speaker 19: there's a lot of talent coming through the bottom of 1496 01:08:53,200 --> 01:08:56,360 Speaker 19: the pyramids of basketball's massive these days and Yep, that 1497 01:08:56,439 --> 01:08:58,920 Speaker 19: talent is coming through at a lot younger right now. 1498 01:08:58,960 --> 01:09:00,360 Speaker 9: I was quickly back to the mike. 1499 01:09:00,439 --> 01:09:01,439 Speaker 19: You would know then. 1500 01:09:01,320 --> 01:09:02,400 Speaker 9: They're having a kept involved. 1501 01:09:02,400 --> 01:09:04,360 Speaker 19: It's a bloody hard sport, isn't it. 1502 01:09:04,400 --> 01:09:05,320 Speaker 2: Oh yeah, how these. 1503 01:09:05,200 --> 01:09:08,839 Speaker 19: Kids do that and school work and carry on. It's 1504 01:09:08,680 --> 01:09:09,400 Speaker 19: it's because. 1505 01:09:09,160 --> 01:09:11,000 Speaker 2: You're up early in the morning. And I mean, I 1506 01:09:11,040 --> 01:09:12,360 Speaker 2: don't want to speak for the rest of the country, 1507 01:09:12,400 --> 01:09:14,639 Speaker 2: but certainly in Auckland you've got to travel a lot 1508 01:09:14,640 --> 01:09:18,360 Speaker 2: of miles to get to where you can row and 1509 01:09:18,400 --> 01:09:19,559 Speaker 2: that makes it hard as well. 1510 01:09:19,560 --> 01:09:23,479 Speaker 19: But just a training session was an absolute gut buster exactly. 1511 01:09:23,560 --> 01:09:26,160 Speaker 2: But I go back to my basketball years, Andrew, and 1512 01:09:26,160 --> 01:09:28,360 Speaker 2: you'd remember this being being the star of the Aarnui 1513 01:09:28,439 --> 01:09:32,000 Speaker 2: high school team. Is the Rams? The Rams? You know 1514 01:09:32,040 --> 01:09:32,679 Speaker 2: you looked at the rest? 1515 01:09:33,800 --> 01:09:34,160 Speaker 10: Was it? 1516 01:09:34,400 --> 01:09:36,200 Speaker 2: They were in high school kids? It was stan Hill, 1517 01:09:36,280 --> 01:09:36,720 Speaker 2: wasn't it? 1518 01:09:37,040 --> 01:09:39,840 Speaker 19: Stan Hill was forty eight, John Hill was forty six. 1519 01:09:42,840 --> 01:09:45,799 Speaker 19: Great days, Michael Carl Stadium rocking mate. 1520 01:09:45,880 --> 01:09:46,360 Speaker 2: Did right? 1521 01:09:46,880 --> 01:09:47,200 Speaker 8: Do you know? 1522 01:09:47,360 --> 01:09:49,200 Speaker 2: I was looking at it could have been only it 1523 01:09:49,240 --> 01:09:51,599 Speaker 2: was a Carl Stadium yesterday. But Carl Stadium hasn't really 1524 01:09:51,680 --> 01:09:57,479 Speaker 2: changed all it looks. It's instantly recognizable of that's Carl Stadium. 1525 01:09:57,600 --> 01:09:58,040 Speaker 2: There you go. 1526 01:09:58,280 --> 01:10:01,479 Speaker 19: If you look in some of that coverage, you'll see 1527 01:10:01,479 --> 01:10:03,920 Speaker 19: my two front teeth, my original two front teeth and 1528 01:10:03,960 --> 01:10:04,920 Speaker 19: better than that court. 1529 01:10:05,960 --> 01:10:08,960 Speaker 2: Those were the days. Ryan Fox is not going to 1530 01:10:09,000 --> 01:10:11,880 Speaker 2: win today, which is unfortunate because we I always worry 1531 01:10:11,920 --> 01:10:14,040 Speaker 2: about after the third round and you hear the words 1532 01:10:14,080 --> 01:10:16,559 Speaker 2: in contention, then round four comes out and you think 1533 01:10:16,600 --> 01:10:18,000 Speaker 2: this could be it until it's not. 1534 01:10:20,000 --> 01:10:21,880 Speaker 24: Yeah, I mean he's done well there hasn't mean even 1535 01:10:21,920 --> 01:10:23,960 Speaker 24: to be in the in the down the home stretch, 1536 01:10:24,000 --> 01:10:24,639 Speaker 24: I mean, not too many. 1537 01:10:24,720 --> 01:10:26,120 Speaker 9: Key was the one on the PGA too or. 1538 01:10:26,080 --> 01:10:28,240 Speaker 2: I think nine of them Jon want to you want 1539 01:10:28,240 --> 01:10:30,679 Speaker 2: to find fa nine of them have won on the PGA. 1540 01:10:30,760 --> 01:10:32,840 Speaker 24: Nine Yeah, that's going to write that down nine. He 1541 01:10:32,920 --> 01:10:33,759 Speaker 24: could have been the tenth. 1542 01:10:33,920 --> 01:10:35,840 Speaker 9: Yeah. Min wou Lee, he's an interesting golfer is in 1543 01:10:35,920 --> 01:10:36,920 Speaker 9: the Australian. 1544 01:10:36,680 --> 01:10:38,439 Speaker 2: See, I've never heard of them at the moment, I've 1545 01:10:38,479 --> 01:10:39,920 Speaker 2: never heard of him. He hadn't heard of them, but 1546 01:10:40,280 --> 01:10:43,200 Speaker 2: never heard of I know Scheffler and McElroy. Apart from that, 1547 01:10:43,280 --> 01:10:43,839 Speaker 2: I'm struggling. 1548 01:10:44,720 --> 01:10:47,000 Speaker 19: He's been around one and his sister's a good golf 1549 01:10:47,000 --> 01:10:47,280 Speaker 19: for two. 1550 01:10:47,520 --> 01:10:49,920 Speaker 9: Yeah, Yeah, he's a good mate of Daniel Hill. Yeah, 1551 01:10:49,920 --> 01:10:51,360 Speaker 9: they're they're they're very close those two. 1552 01:10:51,479 --> 01:10:55,040 Speaker 2: Well, apparently he's also made Ryan Fox's yesterday he was 1553 01:10:55,040 --> 01:10:56,559 Speaker 2: one of his best mates. So I don't know what's 1554 01:10:56,600 --> 01:10:57,200 Speaker 2: going on there. 1555 01:10:57,520 --> 01:10:59,800 Speaker 19: And doesn't it prove again, Mike again what we're going 1556 01:11:00,160 --> 01:11:04,519 Speaker 19: to with regards dedication with sport and the harsh reality 1557 01:11:04,600 --> 01:11:06,880 Speaker 19: is a pro sport that and if your mind's not 1558 01:11:06,920 --> 01:11:08,640 Speaker 19: at the top of the game, you'll lose like the 1559 01:11:08,680 --> 01:11:12,200 Speaker 19: Crusaders did on the other Saturday night that you know, 1560 01:11:12,240 --> 01:11:14,200 Speaker 19: you may be leading or in contentionent a third round 1561 01:11:14,240 --> 01:11:16,120 Speaker 19: of a pro event, but it takes all your will 1562 01:11:16,160 --> 01:11:18,599 Speaker 19: and all your might to win, doesn't it. These guys 1563 01:11:18,760 --> 01:11:21,880 Speaker 19: top two, they make it look easy, mate, They make 1564 01:11:21,960 --> 01:11:22,479 Speaker 19: click easy. 1565 01:11:22,520 --> 01:11:24,559 Speaker 2: Hey, I got Joe Parker in the studio tomorrow. We're 1566 01:11:24,560 --> 01:11:27,519 Speaker 2: doing we come and I normally run him a couple 1567 01:11:27,560 --> 01:11:29,160 Speaker 2: of rounds in the morning just to warm up and 1568 01:11:29,160 --> 01:11:31,960 Speaker 2: stuff you'll see, but he said he will stay behind 1569 01:11:31,960 --> 01:11:34,120 Speaker 2: for an interview today. Anything you want to know? What 1570 01:11:34,439 --> 01:11:35,000 Speaker 2: do we need to know? 1571 01:11:35,400 --> 01:11:35,679 Speaker 9: Mate? 1572 01:11:35,720 --> 01:11:37,960 Speaker 19: You would be like a piece of fluff on the 1573 01:11:37,960 --> 01:11:39,240 Speaker 19: back of his soup jacket. 1574 01:11:41,080 --> 01:11:43,559 Speaker 2: Do you know every time he comes in here he's 1575 01:11:43,680 --> 01:11:44,960 Speaker 2: grown and I'm shrunk. 1576 01:11:48,120 --> 01:11:51,040 Speaker 19: His biceps and chests are huge, and his legs are 1577 01:11:51,040 --> 01:11:54,400 Speaker 19: getting bigger. Meanwhile you're hunching over more with every day 1578 01:11:54,439 --> 01:11:55,000 Speaker 19: of your life. 1579 01:11:55,240 --> 01:11:58,320 Speaker 2: Yeah, it's just like it comes and I go, are 1580 01:11:58,320 --> 01:11:59,760 Speaker 2: you getting bigger? Am I getting smaller? 1581 01:11:59,800 --> 01:11:59,960 Speaker 8: Again? 1582 01:12:00,200 --> 01:12:03,160 Speaker 2: Bit of both mate, That's how it goes. So anyway, 1583 01:12:03,600 --> 01:12:05,840 Speaker 2: nice to see you guys. We'll catch up next Monday. 1584 01:12:06,080 --> 01:12:09,000 Speaker 2: Andrew Sable and Jason Pine. It is twenty two minutes 1585 01:12:09,040 --> 01:12:09,639 Speaker 2: past day. 1586 01:12:10,080 --> 01:12:14,960 Speaker 1: The myke Hosking Breakfast with Veta Retirement Communities News togs Head. 1587 01:12:14,760 --> 01:12:17,160 Speaker 2: B Now, if you're hiring an internal HR first and 1588 01:12:17,200 --> 01:12:20,639 Speaker 2: that could set you back eighty k plus a year, 1589 01:12:20,680 --> 01:12:23,519 Speaker 2: and that's before you factor in recruitment onboarding risk. They 1590 01:12:23,520 --> 01:12:25,919 Speaker 2: don't actually know what they're doing. It's a big investment. 1591 01:12:25,960 --> 01:12:28,080 Speaker 2: But gamble, So is there a better way? Yes, there's 1592 01:12:28,080 --> 01:12:30,679 Speaker 2: a bitter way. So Hello to my HR, my HR 1593 01:12:30,800 --> 01:12:33,519 Speaker 2: number one choice for QSMB. For just two hundred and 1594 01:12:33,560 --> 01:12:35,720 Speaker 2: ninety five bucks a month, you get unlimited access to 1595 01:12:35,960 --> 01:12:39,439 Speaker 2: regul HR experts plus all in one platform that covers 1596 01:12:40,000 --> 01:12:42,640 Speaker 2: the full employee life cycle from the onboarding to the 1597 01:12:42,640 --> 01:12:45,400 Speaker 2: performance leave management reminders and more so, if you need 1598 01:12:45,400 --> 01:12:48,760 Speaker 2: to navigate a structure, disciplinary trial period. All of that, 1599 01:12:48,840 --> 01:12:51,719 Speaker 2: you'll get all the custom documents, expert guidance to handle 1600 01:12:51,720 --> 01:12:54,439 Speaker 2: it right. No guess work required, big savings, bigger impact. 1601 01:12:54,800 --> 01:12:57,600 Speaker 2: So basically you're scaling HR without the overhead. So my 1602 01:12:58,000 --> 01:13:02,080 Speaker 2: hr dot works is where you're heading. Okay, my hr 1603 01:13:02,720 --> 01:13:06,640 Speaker 2: dot works to get started asking a lot of you 1604 01:13:06,720 --> 01:13:08,120 Speaker 2: text him of what A few of you are texting 1605 01:13:08,120 --> 01:13:11,120 Speaker 2: me about Cole Davies MX Racer Supercross two hundred and 1606 01:13:11,120 --> 01:13:14,040 Speaker 2: fifty CEC main event yesterday won it only the second 1607 01:13:14,120 --> 01:13:16,080 Speaker 2: key we ever to win the two fifty Maine event. 1608 01:13:16,120 --> 01:13:18,200 Speaker 2: The other guy was been Townley, of course, so it's 1609 01:13:18,280 --> 01:13:22,160 Speaker 2: just I believe he's just seventeen supercross? Is that a 1610 01:13:22,160 --> 01:13:23,840 Speaker 2: big deal? How big a deal of supercross? It's very 1611 01:13:23,840 --> 01:13:25,599 Speaker 2: difficult to know, isn't it. Do you follow in New 1612 01:13:25,680 --> 01:13:28,400 Speaker 2: Zealander because the New Zealander is doing well? I mean, 1613 01:13:28,439 --> 01:13:30,720 Speaker 2: I look at the skiers over the weekend, continuing to 1614 01:13:31,200 --> 01:13:35,519 Speaker 2: Allison Coe, we're seemingly producing more and more skiers. Well 1615 01:13:35,920 --> 01:13:41,320 Speaker 2: you know, snow people. Supercross, motocross, Is that a big deal? 1616 01:13:42,320 --> 01:13:43,800 Speaker 2: Do we cover all of those? Do we stick with 1617 01:13:43,840 --> 01:13:45,559 Speaker 2: the main I mean, there's no artswer. I mean, I'm 1618 01:13:45,600 --> 01:13:47,760 Speaker 2: still angry there's no snooker on television for goodness sake. 1619 01:13:47,800 --> 01:13:49,479 Speaker 2: I mean, what do you do? I got emails this morning. 1620 01:13:49,520 --> 01:13:51,400 Speaker 2: I don't read those emails out there saying Mike, where's 1621 01:13:51,439 --> 01:13:54,000 Speaker 2: the snooker on the television? I will buy email back 1622 01:13:54,080 --> 01:13:55,600 Speaker 2: early hours of the morning. I don't know where they 1623 01:13:56,040 --> 01:13:57,160 Speaker 2: wish you go. I mean, is it worth it? 1624 01:13:57,439 --> 01:13:59,120 Speaker 14: Ivis though? If you replied to an email that you 1625 01:13:59,200 --> 01:14:01,480 Speaker 14: sent to yourself. Just keep getting emails. 1626 01:14:01,240 --> 01:14:03,640 Speaker 2: Now, you see that that's the thing. Should we get 1627 01:14:03,640 --> 01:14:05,040 Speaker 2: the head of sky on But we don't want to 1628 01:14:05,040 --> 01:14:06,840 Speaker 2: do that because everyone's going, why are you talking about snooker? 1629 01:14:06,840 --> 01:14:09,000 Speaker 2: Who cares about snooker? Same way I could say, well, 1630 01:14:09,000 --> 01:14:12,040 Speaker 2: who cares about motocross? Who cares about Supercross? Who cares 1631 01:14:12,040 --> 01:14:15,920 Speaker 2: about Ryan Fox coming eighteenth in the Houston Open? You 1632 01:14:15,960 --> 01:14:20,240 Speaker 2: know what I'm saying. That's the dilemma around sport, isn't it? 1633 01:14:20,880 --> 01:14:24,519 Speaker 2: Speaking of sports, Steve Williams later on this week, I'm 1634 01:14:24,520 --> 01:14:26,160 Speaker 2: trying to think of the last time I interviewed him, 1635 01:14:26,200 --> 01:14:28,920 Speaker 2: and I can't remember, which leads me to believe it's 1636 01:14:29,040 --> 01:14:31,960 Speaker 2: entirely possible I'd never interviewed him which would make it 1637 01:14:32,040 --> 01:14:34,559 Speaker 2: quite something because that's cool because he's he's got a 1638 01:14:34,560 --> 01:14:37,720 Speaker 2: great story to tell, some of which you will tell 1639 01:14:37,760 --> 01:14:40,000 Speaker 2: to us on Thursday. And as I mentioned, Joe Parker 1640 01:14:40,040 --> 01:14:42,200 Speaker 2: is in the studio tomorrow. So as it turns out, 1641 01:14:42,280 --> 01:14:45,640 Speaker 2: it's not only Liberation Day on Wednesday, but it's a 1642 01:14:45,640 --> 01:14:48,800 Speaker 2: big sports week on the Mike Hosking Breakfast and that's 1643 01:14:48,800 --> 01:14:50,800 Speaker 2: how it goes. Let's go across the tasm and check 1644 01:14:50,840 --> 01:14:53,000 Speaker 2: those poles out with Steve Price in Australia as their 1645 01:14:53,040 --> 01:14:57,040 Speaker 2: election campaign years up. Ter the news which is next. 1646 01:14:57,720 --> 01:15:00,800 Speaker 1: The only report you need to start your day, the 1647 01:15:01,000 --> 01:15:05,599 Speaker 1: MI Casting Breakfast with a Vita Retirement, Communities, Life your 1648 01:15:05,640 --> 01:15:07,320 Speaker 1: Way News togstead be Now this. 1649 01:15:07,360 --> 01:15:11,120 Speaker 2: Is super interesting and just developing. The Commerce Commissioners you'll 1650 01:15:11,160 --> 01:15:14,000 Speaker 2: be a hope Aware has been looking into the Auckland 1651 01:15:14,040 --> 01:15:16,479 Speaker 2: Airport for a sustained period of time. The argument has 1652 01:15:16,520 --> 01:15:18,759 Speaker 2: been for many many years that Auckland Airport, being largely 1653 01:15:18,840 --> 01:15:22,479 Speaker 2: a monopoly, they overcharge, and they overcharge all sorts of 1654 01:15:22,479 --> 01:15:25,160 Speaker 2: people for all sorts of different reasons, from the airlines 1655 01:15:25,160 --> 01:15:27,519 Speaker 2: for landing charges to you and I, who ultimately pay 1656 01:15:27,600 --> 01:15:30,160 Speaker 2: the price for their redevelopment et cetera. And if they'd 1657 01:15:30,160 --> 01:15:32,720 Speaker 2: given less money by way of dividend to the shareholders 1658 01:15:32,720 --> 01:15:35,360 Speaker 2: over the years, the whole thing would be different anyway. 1659 01:15:35,400 --> 01:15:37,839 Speaker 2: Their final report has just been published the Commerce Comission 1660 01:15:37,880 --> 01:15:40,720 Speaker 2: into Auckland Airport and Auckland Airport are overcharging, according to 1661 01:15:40,720 --> 01:15:44,080 Speaker 2: the Commerce Commission, by one hundred and ninety million dollars 1662 01:15:44,240 --> 01:15:46,960 Speaker 2: a year. So this is Auckland Airport's twenty twenty two 1663 01:15:47,000 --> 01:15:50,120 Speaker 2: to twenty twenty seven price setting event concludes the airport's 1664 01:15:50,160 --> 01:15:55,360 Speaker 2: forecast revenue is excessive, its targeted returns are unreasonably high. 1665 01:15:55,720 --> 01:15:58,280 Speaker 2: The airport is targeting excess profit of about one ninety 1666 01:15:58,280 --> 01:16:00,639 Speaker 2: and its charges are too high, with businesses and consumers 1667 01:16:00,680 --> 01:16:02,479 Speaker 2: likely to end up carrying much of the cost burden. 1668 01:16:02,920 --> 01:16:05,559 Speaker 2: The excess profit represents a targeted return of eight point 1669 01:16:05,640 --> 01:16:09,240 Speaker 2: seven three percent from price deeronautical activities, for example, aircraft, 1670 01:16:09,360 --> 01:16:12,639 Speaker 2: landing and passenger terminal charges, compared to the Commission's estimated 1671 01:16:12,680 --> 01:16:15,320 Speaker 2: reasonable returner between seven point three and seven point eight. Now, 1672 01:16:15,640 --> 01:16:18,800 Speaker 2: what makes that interesting, it'll be grist to the mill 1673 01:16:18,880 --> 01:16:21,320 Speaker 2: to people who agree with it, obviously, is who are 1674 01:16:21,320 --> 01:16:23,559 Speaker 2: the Commerce Commission to tell us what's right and what's wrong? 1675 01:16:23,560 --> 01:16:25,639 Speaker 2: And this is the problem with monopolies. It's the problem 1676 01:16:25,680 --> 01:16:29,520 Speaker 2: with supermarkets, it's the problem with gen Taylors and retailers 1677 01:16:29,520 --> 01:16:32,400 Speaker 2: in the power sector, it's the problem with telcos. Who 1678 01:16:32,400 --> 01:16:34,240 Speaker 2: are the Commerce Commission. I'm not saying the wrong I'm 1679 01:16:34,240 --> 01:16:35,880 Speaker 2: just saying, who are the commis commission to tell us 1680 01:16:35,880 --> 01:16:40,000 Speaker 2: what's right? Why is seven point three right and another 1681 01:16:40,120 --> 01:16:43,880 Speaker 2: number is wrong? And then having done this final report, 1682 01:16:44,360 --> 01:16:47,479 Speaker 2: what happens next? And what are the answer is nothing? 1683 01:16:47,840 --> 01:16:49,080 Speaker 2: Twenty one minutes away from. 1684 01:16:49,040 --> 01:16:53,280 Speaker 1: Nine international correspondence with ends and eye insurance, peace of 1685 01:16:53,320 --> 01:16:54,559 Speaker 1: mind for New Zealand business. 1686 01:16:54,600 --> 01:16:57,719 Speaker 2: So tightly we go. Stephen, my friend, how are you good? 1687 01:16:57,960 --> 01:16:59,960 Speaker 10: Very good? Thank you? The elections up and running until 1688 01:17:00,040 --> 01:17:01,920 Speaker 10: undred to be announced late last week. 1689 01:17:02,160 --> 01:17:04,599 Speaker 2: Am I correct in my observation and watching the Warriors 1690 01:17:04,680 --> 01:17:07,599 Speaker 2: last night? And I only referenced this because both blokes 1691 01:17:07,600 --> 01:17:11,080 Speaker 2: started their campaign in Queensland. It's just Queensland and New 1692 01:17:11,080 --> 01:17:13,880 Speaker 2: South Wales had a miserable summer weather whys in terms 1693 01:17:13,920 --> 01:17:14,519 Speaker 2: of rain. 1694 01:17:15,120 --> 01:17:19,519 Speaker 10: Horrendous, particularly Sydney. Sydney's had more rain across somemer than 1695 01:17:19,680 --> 01:17:21,920 Speaker 10: I can ever remember. I mean, people joke and laugh 1696 01:17:21,960 --> 01:17:25,880 Speaker 10: about Melbourne weather, but Queensland in particular has had really bad. 1697 01:17:25,920 --> 01:17:28,519 Speaker 10: I mean, obviously we had the cyclone, but in outback 1698 01:17:28,600 --> 01:17:32,559 Speaker 10: Queensland there's floods up there that are swept away on 1699 01:17:32,560 --> 01:17:35,679 Speaker 10: one property alone, four thousand sheep. In the last week. 1700 01:17:36,800 --> 01:17:40,639 Speaker 10: The rain has been persistent right across the East and seaboard, 1701 01:17:40,680 --> 01:17:44,080 Speaker 10: particularly in those two states. So yes, it's been very wet. 1702 01:17:44,320 --> 01:17:47,480 Speaker 2: Okay, so I just saw them start and it was wet. 1703 01:17:46,920 --> 01:17:51,360 Speaker 2: And these poles I've mentioned on a big swing to labor. 1704 01:17:52,040 --> 01:17:54,360 Speaker 2: Wonder you believe them? And two if you do, why. 1705 01:17:56,560 --> 01:17:59,320 Speaker 10: I'm not sure that I do believe them because the 1706 01:17:59,479 --> 01:18:01,559 Speaker 10: campaigns only been up and running. As we now know. 1707 01:18:01,680 --> 01:18:04,640 Speaker 10: It's Friday, and so most of the things that were 1708 01:18:04,720 --> 01:18:09,960 Speaker 10: announced that week, including the five dollars a week tax 1709 01:18:10,000 --> 01:18:12,680 Speaker 10: cut way off in the distance, which was the centerpiece 1710 01:18:12,720 --> 01:18:15,360 Speaker 10: of the labor budget, and then the fuel exis been 1711 01:18:15,400 --> 01:18:18,280 Speaker 10: cut in half by the coalition. The favor to win. 1712 01:18:18,439 --> 01:18:22,040 Speaker 10: I don't think that's settled in people's minds yet. They've 1713 01:18:22,080 --> 01:18:23,760 Speaker 10: not got their head around it. But when you do 1714 01:18:23,800 --> 01:18:26,680 Speaker 10: get your head around it, clearly, taking your trade a 1715 01:18:26,840 --> 01:18:29,960 Speaker 10: ute into a service station four times a week and 1716 01:18:30,040 --> 01:18:32,320 Speaker 10: filling it up because you're doing a job that's one 1717 01:18:32,400 --> 01:18:35,200 Speaker 10: hundred k away, you're going to save a huge amount 1718 01:18:35,200 --> 01:18:38,840 Speaker 10: of money. If the petroxise is cut by twenty five percent, 1719 01:18:39,280 --> 01:18:41,639 Speaker 10: that's going to save on average about seventeen or eighteen 1720 01:18:41,680 --> 01:18:45,439 Speaker 10: dollars per tank, and so that's a meaningful saving. Now 1721 01:18:45,720 --> 01:18:48,240 Speaker 10: that's aimed by the coalitions squarely at the people who 1722 01:18:48,240 --> 01:18:51,120 Speaker 10: live in the outer suburbs, particularly of Sydney, Melbourne and 1723 01:18:51,160 --> 01:18:54,880 Speaker 10: even Brisbane. Because they're longer commutes men, they use more fuel. 1724 01:18:55,000 --> 01:18:58,400 Speaker 10: So I think once that takes hold, there may indeed 1725 01:18:58,400 --> 01:19:00,800 Speaker 10: be a bit of a reversal. But this is not 1726 01:19:00,840 --> 01:19:03,120 Speaker 10: good news for the coalition. They start the election on 1727 01:19:03,160 --> 01:19:05,920 Speaker 10: the back foot. It gives Anthony Albanezi a lot of confidence. 1728 01:19:06,360 --> 01:19:09,840 Speaker 10: Newspoll has now got Labor at the same position it 1729 01:19:09,920 --> 01:19:12,400 Speaker 10: was when it won the election in twenty twenty two. 1730 01:19:12,840 --> 01:19:16,240 Speaker 10: And Peter Dutton, let's be clear, he's got to win 1731 01:19:16,600 --> 01:19:20,040 Speaker 10: twenty two seats twenty two seats net to get himself 1732 01:19:20,160 --> 01:19:22,920 Speaker 10: into majority government, so he doesn't want to see a 1733 01:19:22,960 --> 01:19:26,400 Speaker 10: news poll like this. Labour's primary votes back at thirteen percent. 1734 01:19:26,680 --> 01:19:30,360 Speaker 10: Anthony Albanese's popularity has gone up and a two party 1735 01:19:30,400 --> 01:19:33,160 Speaker 10: preferred Labour's now in front fifty one to forty nine, 1736 01:19:33,400 --> 01:19:35,559 Speaker 10: so it is not good news by any measure for 1737 01:19:35,600 --> 01:19:36,160 Speaker 10: the coalition. 1738 01:19:36,400 --> 01:19:38,280 Speaker 2: Interesting the numbers. One of the polls that you go 1739 01:19:38,439 --> 01:19:40,880 Speaker 2: one said a median estimate for Labor of seventy five 1740 01:19:40,920 --> 01:19:43,640 Speaker 2: seats lower estimate sixty nine, upper estimate eighty. If they 1741 01:19:43,800 --> 01:19:45,760 Speaker 2: end up they need seventy six. Of course, if they 1742 01:19:45,840 --> 01:19:49,160 Speaker 2: end up with seventy five, which is the media and 1743 01:19:48,880 --> 01:19:51,240 Speaker 2: that's as good as a win, isn't it in terms 1744 01:19:51,280 --> 01:19:53,360 Speaker 2: of yes, it's minority and you still need somebody. But 1745 01:19:53,400 --> 01:19:55,360 Speaker 2: I mean you'd be pretty happy with that given what 1746 01:19:55,400 --> 01:19:56,360 Speaker 2: could have been, wouldn't you. 1747 01:19:56,680 --> 01:19:59,240 Speaker 10: Yeah, you'd be very happy. And you consider this. There's 1748 01:19:59,280 --> 01:20:03,040 Speaker 10: currently in the Australian Parliament sixteen people on the cross bench. 1749 01:20:03,120 --> 01:20:06,120 Speaker 10: Now that includes a bunch of Teals who will retain 1750 01:20:06,200 --> 01:20:09,879 Speaker 10: their seats like Wentworth in the easterns of Ebbs of Sydney. 1751 01:20:10,520 --> 01:20:13,920 Speaker 10: That seat was stay as a Teal seat, and there's 1752 01:20:13,960 --> 01:20:17,000 Speaker 10: a couple in Victoria that will probably stay on. They 1753 01:20:17,400 --> 01:20:20,320 Speaker 10: may lose a couple, but you can negotiate yourself very 1754 01:20:20,360 --> 01:20:23,640 Speaker 10: well into minority government without dealing with the Greens on 1755 01:20:23,680 --> 01:20:26,760 Speaker 10: a seventy five seat when it's a big ass for 1756 01:20:26,800 --> 01:20:31,080 Speaker 10: Peter Dutton. And one good news one update is that 1757 01:20:31,439 --> 01:20:33,519 Speaker 10: we've just found out that one of the Independence women, 1758 01:20:33,600 --> 01:20:36,640 Speaker 10: called Rebecca Sharky, who holds the seat of Mayo in 1759 01:20:36,680 --> 01:20:39,120 Speaker 10: the Adelaide Hills, used to be held by a former 1760 01:20:39,160 --> 01:20:41,920 Speaker 10: Foreign min Australia Center downer. She said the first person 1761 01:20:42,000 --> 01:20:44,200 Speaker 10: she would call if there was a Home Parliament and 1762 01:20:44,240 --> 01:20:46,519 Speaker 10: support would be Peter Dutton. So he's got one on 1763 01:20:46,560 --> 01:20:49,600 Speaker 10: the cross bench at least there's a couple of disaffected 1764 01:20:49,600 --> 01:20:51,720 Speaker 10: Liberals that sit on the cross bench who you would 1765 01:20:51,720 --> 01:20:53,680 Speaker 10: think would put their hands up for Peter Dutton. But 1766 01:20:54,080 --> 01:20:55,720 Speaker 10: there's a long way to go in this thing. We 1767 01:20:55,960 --> 01:20:58,400 Speaker 10: are only into really what is week one? 1768 01:20:58,920 --> 01:21:02,880 Speaker 2: Do you see the possibility that the election can be 1769 01:21:02,920 --> 01:21:06,360 Speaker 2: won or lost within this campaign? In other words, what 1770 01:21:06,439 --> 01:21:08,880 Speaker 2: they say or don't say, your mistakes or whatever could 1771 01:21:08,880 --> 01:21:11,320 Speaker 2: swing it or is this a fore gone conclusion. 1772 01:21:12,000 --> 01:21:14,880 Speaker 10: No, it absolutely can be won. During the campaign. You 1773 01:21:14,960 --> 01:21:20,160 Speaker 10: might recall the Bill Shorton versus Scott Morrison campaign where 1774 01:21:20,280 --> 01:21:22,679 Speaker 10: Bill Shorton was the late our mozire to win. Everyone 1775 01:21:22,760 --> 01:21:25,479 Speaker 10: had him over the line and then you had it 1776 01:21:25,840 --> 01:21:31,320 Speaker 10: during the campaign. The whole question of energy and electricity 1777 01:21:31,360 --> 01:21:35,799 Speaker 10: prices was front and center, and Queensland turned on labor 1778 01:21:35,840 --> 01:21:39,600 Speaker 10: and voted green and Bill Shorton suddenly lost that campaign. 1779 01:21:39,800 --> 01:21:42,800 Speaker 10: That's why Albanezi and Dunton were in Queensland. There's three 1780 01:21:42,800 --> 01:21:45,920 Speaker 10: seats on the fringes of suburban Brisbane that are Green 1781 01:21:46,400 --> 01:21:49,280 Speaker 10: and both sides think that they can snatch one, two, 1782 01:21:49,479 --> 01:21:52,000 Speaker 10: or all of those three seats back off the Green. 1783 01:21:52,160 --> 01:21:55,840 Speaker 10: So every Australian election to be won or lost during 1784 01:21:55,840 --> 01:21:58,960 Speaker 10: the campaign, it just takes one stumble, people focus on 1785 01:21:59,040 --> 01:22:02,160 Speaker 10: it and then the you go, your lead's gone completely. 1786 01:22:02,479 --> 01:22:05,439 Speaker 2: This banning of barbecues and Victoria is this one to 1787 01:22:05,479 --> 01:22:07,120 Speaker 2: do with gas? And two is it real? 1788 01:22:07,760 --> 01:22:08,719 Speaker 15: How do you gas? 1789 01:22:10,000 --> 01:22:13,679 Speaker 10: It's all about gas. So this crazy government here says 1790 01:22:13,720 --> 01:22:16,120 Speaker 10: if you build a new house in Victoria now you 1791 01:22:16,160 --> 01:22:19,200 Speaker 10: can't connect to gas. You must connect to electricity. Your 1792 01:22:19,240 --> 01:22:21,400 Speaker 10: hot water's got to be electric. You've got to have 1793 01:22:21,439 --> 01:22:25,160 Speaker 10: a convection soovetop. You can't have gas no more in 1794 01:22:25,200 --> 01:22:27,439 Speaker 10: your kitchen. You can't put in a gas oven and 1795 01:22:27,479 --> 01:22:32,000 Speaker 10: so everyone is completely beside themselves on that. But beyond that, 1796 01:22:32,200 --> 01:22:34,280 Speaker 10: if your gas hot water breaks down, you've got to 1797 01:22:34,320 --> 01:22:36,679 Speaker 10: replace it with an electric one. If you're gas stove 1798 01:22:36,840 --> 01:22:39,519 Speaker 10: to breakdown, you have to replace it with an electric one. 1799 01:22:39,720 --> 01:22:43,200 Speaker 10: Barbecues have always been sacrosint but now we learn today 1800 01:22:43,240 --> 01:22:46,559 Speaker 10: that within the regulations where this new bill comes in, 1801 01:22:47,040 --> 01:22:50,360 Speaker 10: if you have your barbecue connected to the gas mains, 1802 01:22:50,479 --> 01:22:52,320 Speaker 10: like a lot of people, do you know, you're not 1803 01:22:52,360 --> 01:22:55,040 Speaker 10: going down to the petrol station to get a swap 1804 01:22:55,040 --> 01:22:58,080 Speaker 10: and go gas boddle. If you're connected to the mains 1805 01:22:58,560 --> 01:23:01,960 Speaker 10: and something happens you're barbecue, you wears out, as barbecues do, 1806 01:23:02,000 --> 01:23:04,200 Speaker 10: and you've got to change it over. You're no longer 1807 01:23:04,240 --> 01:23:06,599 Speaker 10: going to be able to reconnect to mains gas. You'll 1808 01:23:06,600 --> 01:23:10,479 Speaker 10: have to make your barbecue electric. I refuse good cook 1809 01:23:10,520 --> 01:23:14,000 Speaker 10: on an electric barbecue. They don't work. You cannot cook 1810 01:23:14,040 --> 01:23:16,800 Speaker 10: a decent state on an electric barbecue. Don't tell me 1811 01:23:16,840 --> 01:23:19,360 Speaker 10: you can. All those stupid things you have in parks 1812 01:23:19,400 --> 01:23:22,040 Speaker 10: around the world where you put in a coin, they're 1813 01:23:22,080 --> 01:23:25,439 Speaker 10: all electric. Can you cook decent day electric barbecue? I 1814 01:23:25,600 --> 01:23:27,360 Speaker 10: defy anyone to say they can't. 1815 01:23:27,200 --> 01:23:29,280 Speaker 2: Exactly, And just said to Ellen would surely know that, 1816 01:23:29,320 --> 01:23:31,559 Speaker 2: wouldn't she, or wouldn't she have the slightest idea? 1817 01:23:32,400 --> 01:23:35,519 Speaker 10: She'd have no idea. I mean, I wouldn't imagine she'd 1818 01:23:35,560 --> 01:23:37,840 Speaker 10: be a barbecue type of lady, to be honest. 1819 01:23:38,000 --> 01:23:40,240 Speaker 2: Now go mate, we'll see Wednesday. Appreciate Steve Price out 1820 01:23:40,240 --> 01:23:43,880 Speaker 2: of Australia. By the way, just in Auckland Airport says 1821 01:23:43,880 --> 01:23:46,320 Speaker 2: it will discount Haven't guests. Given you the ComCom report, 1822 01:23:46,400 --> 01:23:49,479 Speaker 2: it will discount its prices for the airline passenger charges. 1823 01:23:49,520 --> 01:23:51,599 Speaker 2: Full details in a moment eight forty five. 1824 01:23:52,800 --> 01:23:57,240 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered 1825 01:23:57,240 --> 01:23:57,960 Speaker 1: by News Talks. 1826 01:23:57,960 --> 01:24:01,960 Speaker 2: That be right. The airport have responded, not literally to 1827 01:24:02,040 --> 01:24:04,320 Speaker 2: this final report from the Commerce Comission. They did as 1828 01:24:04,320 --> 01:24:06,439 Speaker 2: they point out, say we would have a look at 1829 01:24:06,439 --> 01:24:09,160 Speaker 2: this when the interim report came out a while back, 1830 01:24:09,200 --> 01:24:12,000 Speaker 2: so the head of the airport. So they respect the 1831 01:24:12,040 --> 01:24:15,120 Speaker 2: regulators findings. It will discount its prices for airline passenger 1832 01:24:15,200 --> 01:24:17,479 Speaker 2: charges over the next couple of financial years. Will discount 1833 01:24:17,479 --> 01:24:20,800 Speaker 2: per passenger airline charges on an average basis of about 1834 01:24:20,800 --> 01:24:23,599 Speaker 2: a buck ten for regional travel up to nine dollars 1835 01:24:24,439 --> 01:24:27,400 Speaker 2: and dollars seventy for domestic jet travel to twelve eighty 1836 01:24:27,840 --> 01:24:31,040 Speaker 2: and four eighty for the international travel down to thirty 1837 01:24:31,120 --> 01:24:35,200 Speaker 2: eight dollars ninety So that will represent a target a 1838 01:24:35,280 --> 01:24:37,519 Speaker 2: return of seven point eighty two, which is down from 1839 01:24:37,520 --> 01:24:39,880 Speaker 2: the eight point seventy three the Commerce Commission said was 1840 01:24:39,920 --> 01:24:42,360 Speaker 2: too high. The airport keptully balances. How we set charges 1841 01:24:42,479 --> 01:24:44,679 Speaker 2: with the need to invest in the future resilience capacity 1842 01:24:44,720 --> 01:24:47,360 Speaker 2: requirements in New Zealand's Gateway Airport and one of the 1843 01:24:47,400 --> 01:24:50,439 Speaker 2: country's most critical infrastructure assets. To support this, investors require 1844 01:24:50,439 --> 01:24:53,759 Speaker 2: fair returns and stable regulation. Blah blah blats this news argument. 1845 01:24:54,400 --> 01:24:57,560 Speaker 2: So at least they've responded in the affirmative. Tamoth the 1846 01:24:57,560 --> 01:25:01,360 Speaker 2: Paul meantime, at a very good weekend, tamotha Paul was 1847 01:25:01,600 --> 01:25:03,559 Speaker 2: she shared a video of her dejaying. She was at 1848 01:25:03,600 --> 01:25:06,840 Speaker 2: the Cuba dooper over the weekend. She played a little 1849 01:25:07,120 --> 01:25:10,920 Speaker 2: little little compilation of her set of the Bronx MC 1850 01:25:11,080 --> 01:25:16,080 Speaker 2: Chris One. Chris One song Sound of Dah Police. Sound 1851 01:25:16,360 --> 01:25:21,280 Speaker 2: of Dah Police song criticizes police brutality and systemic racism. 1852 01:25:21,360 --> 01:25:24,400 Speaker 2: So she's really not picked up much on the messaging 1853 01:25:24,439 --> 01:25:27,360 Speaker 2: that was headed her way after her outburst last week. 1854 01:25:27,400 --> 01:25:29,320 Speaker 2: Doesn't seem to have got the message. Or maybe she's 1855 01:25:29,320 --> 01:25:31,439 Speaker 2: got the message and she, as they say these days, 1856 01:25:31,640 --> 01:25:35,280 Speaker 2: doubles down unreal vibes at Kuba Duba. I love you 1857 01:25:35,320 --> 01:25:39,799 Speaker 2: Wally Shot for making my dreams come true. Anyway, Chloe 1858 01:25:39,840 --> 01:25:43,559 Speaker 2: saw that. Of course she flicked a little salute emoji 1859 01:25:43,560 --> 01:25:46,960 Speaker 2: along the way, so she didn't daylight. I don't know 1860 01:25:47,160 --> 01:25:49,160 Speaker 2: if I was, Chris. The problem is not the greens. 1861 01:25:49,240 --> 01:25:52,000 Speaker 2: The problem is the is labor and what they do 1862 01:25:52,080 --> 01:25:54,000 Speaker 2: with the greens. It's all very well being crazy and 1863 01:25:54,080 --> 01:25:57,639 Speaker 2: nutty and weird and unusual, but when you're a mainstreamish party, 1864 01:25:57,640 --> 01:25:59,840 Speaker 2: you've got a sort of coalesce with something like that 1865 01:25:59,720 --> 01:26:02,840 Speaker 2: and that, and that's your problem. What about my dental checkup? Mike, 1866 01:26:02,880 --> 01:26:06,200 Speaker 2: thirteen minutes two dollars two hundred and sixty eight bucks. 1867 01:26:07,800 --> 01:26:09,200 Speaker 2: I don't know what you're doing at the dentist for 1868 01:26:09,240 --> 01:26:11,200 Speaker 2: thirteen minutes for two ndred sixty eight bucks. Two hundred 1869 01:26:11,200 --> 01:26:13,920 Speaker 2: and sixty eight bucks for a whole checkup within hygienist 1870 01:26:14,080 --> 01:26:16,960 Speaker 2: for forty five minutes, including a visit by the dentist 1871 01:26:17,000 --> 01:26:21,920 Speaker 2: to just oversee it is in my experience about normal. 1872 01:26:22,520 --> 01:26:25,519 Speaker 2: Thirteen minutes seems a little on the steep side. Nine 1873 01:26:25,560 --> 01:26:26,479 Speaker 2: away from nine. 1874 01:26:26,840 --> 01:26:30,400 Speaker 1: The Mic Hosking Breakfast with the Range Rover Villa News 1875 01:26:30,439 --> 01:26:31,439 Speaker 1: Togs head b I can know. 1876 01:26:31,400 --> 01:26:33,320 Speaker 2: Who wants you Fox. Over the weekend, I saw Brett 1877 01:26:33,320 --> 01:26:38,160 Speaker 2: Bear interviewing Elon Musk. Listen to the question in its simplicity, 1878 01:26:38,240 --> 01:26:39,320 Speaker 2: and then listen to the pause. 1879 01:26:39,479 --> 01:26:42,519 Speaker 15: Finally, what's the biggest thing for you that keeps you 1880 01:26:42,600 --> 01:26:43,080 Speaker 15: up at night? 1881 01:26:54,520 --> 01:26:56,200 Speaker 25: Well, there's a lot of things I suppose that I'll 1882 01:26:56,240 --> 01:26:56,880 Speaker 25: worry about, but. 1883 01:26:56,920 --> 01:27:00,720 Speaker 2: Unreally what he went both tail is people are not 1884 01:27:00,760 --> 01:27:03,080 Speaker 2: having enough babies and we're killing the population all over 1885 01:27:03,120 --> 01:27:06,559 Speaker 2: the world. Anyway, he did talk eventually about America being 1886 01:27:06,560 --> 01:27:10,439 Speaker 2: the central column of Western civilization and that collapses. It's 1887 01:27:10,439 --> 01:27:12,400 Speaker 2: all finished. Listen to this, and I. 1888 01:27:12,320 --> 01:27:14,839 Speaker 25: Mean I worry generally about the strength of America. 1889 01:27:15,200 --> 01:27:16,439 Speaker 6: You know, America is the. 1890 01:27:16,760 --> 01:27:21,640 Speaker 25: Central column that holds up holds up all the Western civilization. 1891 01:27:21,920 --> 01:27:25,120 Speaker 25: So I feel like we've got the example of Western civilization. 1892 01:27:25,400 --> 01:27:28,200 Speaker 25: America is a central column. If that column fails, it's 1893 01:27:28,240 --> 01:27:30,559 Speaker 25: all over. You can't run off to New Zealand or 1894 01:27:30,840 --> 01:27:33,040 Speaker 25: some other place. It's over. 1895 01:27:33,840 --> 01:27:37,639 Speaker 1: Trending now with Chemist ware House, the home of big 1896 01:27:37,680 --> 01:27:38,479 Speaker 1: brand vitamins. 1897 01:27:38,560 --> 01:27:41,080 Speaker 2: Well name check from Elon muscow knows where New Zealand is. 1898 01:27:41,200 --> 01:27:43,200 Speaker 2: Morgan wallinsback, this is the best news of the morning. 1899 01:27:43,200 --> 01:27:45,479 Speaker 2: He is on snl over the weekend. He's got the 1900 01:27:45,560 --> 01:27:48,759 Speaker 2: upcoming album I'm the Problem, which is out May sixteen. 1901 01:27:48,840 --> 01:27:52,360 Speaker 2: Couple of songs. First one is called well I'm the problem. 1902 01:27:52,360 --> 01:27:57,280 Speaker 18: You see Jay, just to go around to house and gasoline, 1903 01:27:57,520 --> 01:28:00,960 Speaker 18: just trying to bomb flame, going to fire. 1904 01:28:00,760 --> 01:28:01,800 Speaker 6: A whole place down. 1905 01:28:03,040 --> 01:28:06,200 Speaker 9: How did you explain ever following me in. 1906 01:28:06,240 --> 01:28:08,960 Speaker 13: Love with a guy like me in the first please 1907 01:28:09,479 --> 01:28:11,519 Speaker 13: trying to browse say that I'm the worst thing. 1908 01:28:12,280 --> 01:28:13,200 Speaker 2: I guess sign the. 1909 01:28:13,280 --> 01:28:17,439 Speaker 20: Pride and Joys Day ever doing it all wrong? 1910 01:28:17,640 --> 01:28:20,920 Speaker 1: You find? So that's okay, but you. 1911 01:28:20,960 --> 01:28:22,720 Speaker 2: Still want the bigger Morgan wall than than the nine. 1912 01:28:22,720 --> 01:28:24,240 Speaker 2: What about this? When you played another one called just 1913 01:28:24,280 --> 01:28:27,240 Speaker 2: in case, I ain't saying that I always sleep. 1914 01:28:28,320 --> 01:28:30,160 Speaker 19: I ain't saying that I ain't man. 1915 01:28:30,360 --> 01:28:31,800 Speaker 7: No one is done. 1916 01:28:32,040 --> 01:28:33,320 Speaker 10: Let him be you reckon. 1917 01:28:33,360 --> 01:28:34,720 Speaker 14: We could hook him up with an E N T 1918 01:28:34,960 --> 01:28:39,440 Speaker 14: and just sort out that thing that he's got going on. 1919 01:28:39,840 --> 01:28:43,800 Speaker 20: I don't know name a real clue. 1920 01:28:44,160 --> 01:28:46,439 Speaker 2: And he's a nice guy too. Wensy bookdom the show 1921 01:28:46,479 --> 01:28:49,400 Speaker 2: sending Wendy booked Daisy booked. 1922 01:28:49,520 --> 01:28:51,000 Speaker 14: You think if he does come on saying that we 1923 01:28:51,040 --> 01:28:53,000 Speaker 14: could just get him to give his nose a big blow, 1924 01:28:53,439 --> 01:28:55,040 Speaker 14: give me a box of tissues before he comes in. 1925 01:28:55,080 --> 01:28:56,599 Speaker 2: And when he was last time, he was lovely guy, 1926 01:28:56,920 --> 01:29:00,559 Speaker 2: delightful bloke. We've got good news too. From the album, 1927 01:29:00,560 --> 01:29:02,439 Speaker 2: there are thirty seven songs which seem to be a 1928 01:29:02,479 --> 01:29:05,280 Speaker 2: thing that's so typical. It was because the last one 1929 01:29:05,320 --> 01:29:07,040 Speaker 2: had thirty something, didn't They had thirty four of this. 1930 01:29:07,520 --> 01:29:11,200 Speaker 14: This is your classic Spotify strategy is to just fill. 1931 01:29:11,040 --> 01:29:14,920 Speaker 2: Ittle bar tracks bombard anyway, he's been away for a 1932 01:29:14,960 --> 01:29:17,960 Speaker 2: while and last time I heard, he's got the song going. 1933 01:29:18,479 --> 01:29:20,280 Speaker 2: You know, he might have a few personal issues and 1934 01:29:20,320 --> 01:29:22,439 Speaker 2: stuff like that, and before you know it, you've written 1935 01:29:22,439 --> 01:29:26,120 Speaker 2: a song call on the problem. But well, you can 1936 01:29:27,439 --> 01:29:30,920 Speaker 2: touch on life the creative expression. What can you touch on? 1937 01:29:31,120 --> 01:29:33,320 Speaker 14: But you shoul probably should just shouldn't go on roofs 1938 01:29:33,400 --> 01:29:35,519 Speaker 14: of buildings. Maybe when you're under the influence. 1939 01:29:35,680 --> 01:29:37,640 Speaker 2: Oh could be that, it could be it could be 1940 01:29:37,680 --> 01:29:40,960 Speaker 2: a tip for life. Clean good stuff. Back tomorrow morning. 1941 01:29:41,080 --> 01:29:42,200 Speaker 2: There's always Happy Days. 1942 01:29:43,479 --> 01:29:46,360 Speaker 1: For more from the Mic Asking Breakfast, listen live to 1943 01:29:46,479 --> 01:29:49,559 Speaker 1: news talks. It'd be from six am weekdays, or follow 1944 01:29:49,600 --> 01:29:51,160 Speaker 1: the podcast on iHeartRadio.