1 00:00:01,120 --> 00:00:04,480 Speaker 1: Setting the news agenda and digging into the issues. The 2 00:00:04,680 --> 00:00:08,440 Speaker 1: Mic Hosking breakfast with Bailey's Real Estate doing real estate 3 00:00:08,480 --> 00:00:12,559 Speaker 1: differently since nineteen seventy three, news tog said, been the day. 4 00:00:12,600 --> 00:00:14,680 Speaker 2: Stephen Joyce on what the inflation figure means for the 5 00:00:14,760 --> 00:00:17,200 Speaker 2: right cuts in our mortgagees. David Seymour tells us the 6 00:00:17,239 --> 00:00:20,280 Speaker 2: government's already working on next year's budget. Greg Foran tells 7 00:00:20,320 --> 00:00:22,919 Speaker 2: us what the ComCom report on the auphaned airport charges 8 00:00:23,200 --> 00:00:25,239 Speaker 2: means for the cost of a ticket Electra a Kiwi. 9 00:00:25,320 --> 00:00:27,960 Speaker 2: They stopped taking customers because the power market's a mess. 10 00:00:28,040 --> 00:00:31,160 Speaker 2: Amy Shark is in presign in a chat after late 11 00:00:31,440 --> 00:00:33,960 Speaker 2: Joe mckennon's in Rome, Rod Liddle does the UK for 12 00:00:34,040 --> 00:00:37,480 Speaker 2: us as well. Pasky, Yes, buee morning, seven past six. 13 00:00:37,520 --> 00:00:39,279 Speaker 2: Welcome to it now. In a world where many are 14 00:00:39,280 --> 00:00:41,239 Speaker 2: wondering what has changed, they can tell you something for 15 00:00:41,280 --> 00:00:45,360 Speaker 2: nothing this morning, what hasn't changed? Night follows day. The 16 00:00:45,479 --> 00:00:47,919 Speaker 2: US President, in a move I assumed design to take 17 00:00:47,920 --> 00:00:50,560 Speaker 2: the temperature down as he requested from the Oval Office 18 00:00:50,560 --> 00:00:54,160 Speaker 2: on Monday, said that his term putting a bullseye putting 19 00:00:54,200 --> 00:00:56,920 Speaker 2: a bullseye on Trump was a mistake. I didn't see 20 00:00:56,920 --> 00:00:58,480 Speaker 2: it as a mistake. Of course, what it was was 21 00:00:58,520 --> 00:01:00,400 Speaker 2: at worst a clumsy use of words. For all the 22 00:01:00,400 --> 00:01:03,880 Speaker 2: words got microscopic revision post the assassination attempt on Saturday. 23 00:01:03,920 --> 00:01:06,760 Speaker 2: Of course, no one in their right mind surely would 24 00:01:06,800 --> 00:01:09,959 Speaker 2: have thought Biden was meaning bullseye as in shoot him, 25 00:01:10,360 --> 00:01:13,160 Speaker 2: as opposed to bullseye as in focus or hone in 26 00:01:13,319 --> 00:01:15,360 Speaker 2: on him. Mind you, a lot of people aren't in 27 00:01:15,400 --> 00:01:17,200 Speaker 2: their right minds these days, whether they're the ones on 28 00:01:17,240 --> 00:01:19,440 Speaker 2: the roofs with guns or on social media drumming up 29 00:01:19,440 --> 00:01:22,639 Speaker 2: as much conspiracy as they possibly can. I honestly believe 30 00:01:23,480 --> 00:01:25,560 Speaker 2: my decision many years ago to not be on social 31 00:01:25,560 --> 00:01:27,480 Speaker 2: media serve me very very well. It's a cesspit of 32 00:01:27,520 --> 00:01:30,479 Speaker 2: misery and madness. But back to reality. The speech Trump 33 00:01:30,560 --> 00:01:33,240 Speaker 2: will give tomorrow night at that convention is apparently different 34 00:01:33,680 --> 00:01:35,320 Speaker 2: to the one he thought he was going to give. 35 00:01:35,360 --> 00:01:39,280 Speaker 2: It will allegedly unite America, if not the world. The 36 00:01:39,319 --> 00:01:42,000 Speaker 2: bullets certainly didn't piers his ego. The tone from the 37 00:01:42,000 --> 00:01:44,479 Speaker 2: White House and the Democrats generally has been toned down 38 00:01:44,560 --> 00:01:48,960 Speaker 2: as per request, but given night follows day, it won't last. 39 00:01:49,000 --> 00:01:52,240 Speaker 2: None of this will last. A president from the Oval office. 40 00:01:52,280 --> 00:01:55,320 Speaker 2: That's not you, nor is a vague explanation come plea 41 00:01:55,400 --> 00:01:58,680 Speaker 2: from higher ups who try to say something useful when 42 00:01:58,840 --> 00:02:02,760 Speaker 2: something like Butler happens. America is besotted with guns, and 43 00:02:02,800 --> 00:02:04,760 Speaker 2: they shoot each other a lot, and there is no 44 00:02:04,840 --> 00:02:08,280 Speaker 2: talking them down or changing their minds or justifying their actions. 45 00:02:08,480 --> 00:02:10,760 Speaker 2: So all the President can do is say what Biden 46 00:02:10,800 --> 00:02:13,359 Speaker 2: and all the others before them said, which isn't a lot, 47 00:02:13,560 --> 00:02:16,919 Speaker 2: Which means in time the language will revert, the mood 48 00:02:17,080 --> 00:02:20,640 Speaker 2: will revert, and night will follow day. This, as they say, 49 00:02:21,320 --> 00:02:22,280 Speaker 2: is a false dawn. 50 00:02:24,120 --> 00:02:26,480 Speaker 1: News of the world in ninety seconds. 51 00:02:26,480 --> 00:02:27,840 Speaker 2: No here we wait to have been out overnight on 52 00:02:27,880 --> 00:02:29,600 Speaker 2: both sides of the Atlantic winter. We start well with 53 00:02:29,760 --> 00:02:32,040 Speaker 2: King He opened the British Parliament, gave Labour's view of 54 00:02:32,040 --> 00:02:32,320 Speaker 2: the world. 55 00:02:32,440 --> 00:02:36,320 Speaker 3: My government will seek a new partnership with both business 56 00:02:36,360 --> 00:02:40,240 Speaker 3: and working people and help the country move on from 57 00:02:40,320 --> 00:02:44,840 Speaker 3: the recent cost of living challenges by prioritizing wealth creation 58 00:02:45,440 --> 00:02:46,520 Speaker 3: for all communities. 59 00:02:46,639 --> 00:02:48,960 Speaker 2: How the new Prime Minister gave Labours view of the world. 60 00:02:49,000 --> 00:02:54,440 Speaker 4: Service is a stronger bond than political self interest. That 61 00:02:54,639 --> 00:02:58,720 Speaker 4: is what country first means. The only way we can 62 00:02:58,720 --> 00:03:02,960 Speaker 4: restore trust and the reason this gopment of Service was elected. 63 00:03:03,320 --> 00:03:04,760 Speaker 2: The Tories tried the old hold on. 64 00:03:04,880 --> 00:03:07,240 Speaker 5: We did a bit of this unlike that note where 65 00:03:07,280 --> 00:03:09,280 Speaker 5: we came in and it said there's no money left. 66 00:03:09,560 --> 00:03:13,040 Speaker 5: Inflation's now back down to two percent, having been eleven 67 00:03:13,400 --> 00:03:17,360 Speaker 5: unemployments around four percent, one of its lowest rates in history. 68 00:03:17,600 --> 00:03:19,919 Speaker 2: The insights, I Joe's left the basement to give a speech. 69 00:03:19,919 --> 00:03:23,280 Speaker 6: It's because of you, and I'm president of Kambela Harrison's 70 00:03:23,360 --> 00:03:32,240 Speaker 6: vice president. And by the way, she's only a great 71 00:03:32,320 --> 00:03:34,600 Speaker 6: vice president. She could be president in the United States. 72 00:03:35,800 --> 00:03:38,120 Speaker 2: Camela doesn't seem though, to have got the Biden memo 73 00:03:38,160 --> 00:03:39,240 Speaker 2: about cooling the temperature. 74 00:03:39,480 --> 00:03:41,840 Speaker 7: Hump looked for someone he knew would be a rubber 75 00:03:41,920 --> 00:03:43,840 Speaker 7: stamp for his extreme agenda. 76 00:03:43,920 --> 00:03:47,040 Speaker 8: And make no mistake, jd Vance will be loyal only 77 00:03:47,080 --> 00:03:49,200 Speaker 8: to Trump, not to our country. 78 00:03:49,440 --> 00:03:52,440 Speaker 2: Then back and Milwaukee. The convention four is full of 79 00:03:52,480 --> 00:03:53,040 Speaker 2: people like this. 80 00:03:53,280 --> 00:03:54,600 Speaker 8: He's going to prevent World War three. 81 00:03:54,920 --> 00:03:56,560 Speaker 9: He's a master negotiator. 82 00:03:57,160 --> 00:04:00,880 Speaker 8: He's the only one hasn't hasn't been in Israel put 83 00:04:00,920 --> 00:04:04,280 Speaker 8: us through a war. You know that, A handle children, 84 00:04:04,440 --> 00:04:08,200 Speaker 8: and that's what the leaders of the of the European world. 85 00:04:09,400 --> 00:04:12,200 Speaker 2: Finally, yeah, where he's still going. Finally, the trend of 86 00:04:12,360 --> 00:04:15,600 Speaker 2: spirits taking over from wine seeing he's further cemented today 87 00:04:15,600 --> 00:04:17,880 Speaker 2: with news that Perano Rica is selling most of its 88 00:04:17,880 --> 00:04:20,920 Speaker 2: wine brands to focus more on Champaigne and premier spirits 89 00:04:21,080 --> 00:04:23,560 Speaker 2: wine consumption. By the ways, that the twenty seven year low, 90 00:04:23,640 --> 00:04:26,039 Speaker 2: this is globally a Perano recounts seeing the seven percent 91 00:04:26,120 --> 00:04:27,800 Speaker 2: drop in there sales, it's news of the world in 92 00:04:27,880 --> 00:04:31,960 Speaker 2: ninety seconds. By the way, on the labor inauguration and 93 00:04:32,080 --> 00:04:33,720 Speaker 2: opening of the Parliament and all of that, the Great 94 00:04:33,760 --> 00:04:36,920 Speaker 2: British Pound, the Great British Pound are reached a year 95 00:04:37,000 --> 00:04:38,840 Speaker 2: long high, so we'll have more of that in the moment. 96 00:04:38,839 --> 00:04:40,440 Speaker 2: And by the way, the inflation number came in for 97 00:04:40,480 --> 00:04:44,320 Speaker 2: them two percent, stayed at two percent, so they are 98 00:04:44,360 --> 00:04:47,520 Speaker 2: factoring in a cut in August. More shortly twelve past. 99 00:04:47,240 --> 00:04:49,960 Speaker 1: Six, the Myke costing breakfast. 100 00:04:50,040 --> 00:04:52,599 Speaker 2: I'm pretty sure I've lost count, but the French Prime 101 00:04:52,600 --> 00:04:55,880 Speaker 2: Minister Gabriella Tel has resigned again. Difference being this time 102 00:04:55,920 --> 00:04:58,560 Speaker 2: that Macron's actually accepted it. I think he's resigned now 103 00:04:58,560 --> 00:05:00,800 Speaker 2: three times, could be wrong, could just be two, but anyway, 104 00:05:00,839 --> 00:05:02,520 Speaker 2: he did, then he didn't, then he did then he 105 00:05:02,560 --> 00:05:06,640 Speaker 2: didn't know he has and he's going French constitution. By 106 00:05:06,680 --> 00:05:08,800 Speaker 2: the way, they don't have a government. The French constitution 107 00:05:09,480 --> 00:05:11,640 Speaker 2: states that the president appoints of a new prime minister, 108 00:05:11,839 --> 00:05:15,200 Speaker 2: doesn't detail how that happens or what the time frame is. 109 00:05:15,960 --> 00:05:18,200 Speaker 2: And until they sought out a government, which they don't 110 00:05:18,279 --> 00:05:21,760 Speaker 2: have by the way, the old government carries on. And 111 00:05:21,760 --> 00:05:24,200 Speaker 2: then they're going to meet tomorrow to elect the President 112 00:05:24,279 --> 00:05:26,680 Speaker 2: of the National Assembly. They need two votes to do that, 113 00:05:27,320 --> 00:05:30,040 Speaker 2: unless the two votes go wrong, then they need three votes. 114 00:05:30,920 --> 00:05:33,080 Speaker 2: And you wonder why France is a problem. Fifteen pass 115 00:05:33,080 --> 00:05:38,120 Speaker 2: six from vedam UN's management. Bridg Smith, good morning, Good 116 00:05:38,120 --> 00:05:40,640 Speaker 2: morning to talk about the British inflation is just a moment. 117 00:05:40,680 --> 00:05:42,280 Speaker 2: But our inflation was okay. 118 00:05:42,640 --> 00:05:44,599 Speaker 10: Yeah, great news there, Mike, say, you know right at 119 00:05:44,640 --> 00:05:46,800 Speaker 10: the botom meaning of expectations. Actually, so three point three 120 00:05:46,839 --> 00:05:49,159 Speaker 10: percent for the green quarter falls and seen it says, 121 00:05:49,200 --> 00:05:52,120 Speaker 10: down from four percent in March. That's that's less than 122 00:05:52,200 --> 00:05:54,680 Speaker 10: half of the peak of seven point three percent twenty 123 00:05:54,680 --> 00:05:57,360 Speaker 10: two in on a quarterly basis, that fell to point 124 00:05:57,400 --> 00:05:59,480 Speaker 10: four percent from point six percent in March. 125 00:06:00,120 --> 00:06:00,280 Speaker 11: Yeah. 126 00:06:00,320 --> 00:06:02,880 Speaker 10: The other good news, Mic, it's also below the three 127 00:06:02,920 --> 00:06:05,960 Speaker 10: point six percent that the abn Z had pencilvan So 128 00:06:06,080 --> 00:06:09,040 Speaker 10: you perhaps those looking for a glimmer of positivity around 129 00:06:09,080 --> 00:06:10,920 Speaker 10: cost of living pressures, you know, we can perhaps look 130 00:06:10,960 --> 00:06:13,880 Speaker 10: forward to a rate cap before too long. I mean 131 00:06:13,880 --> 00:06:15,320 Speaker 10: it wasn't that long ago. People were sort of saying 132 00:06:15,320 --> 00:06:16,520 Speaker 10: it's going to be next year. I mean it could 133 00:06:16,560 --> 00:06:20,159 Speaker 10: be next month. So we'll see about that. Investors like 134 00:06:20,240 --> 00:06:22,880 Speaker 10: that potential scenario new Zeald stock market that had a 135 00:06:22,920 --> 00:06:25,800 Speaker 10: twenty nine month high use today just we're pointing out 136 00:06:25,880 --> 00:06:28,400 Speaker 10: yet three point three there's still above the abn Z 137 00:06:28,640 --> 00:06:31,200 Speaker 10: one to three percent range. But you don't have to 138 00:06:31,200 --> 00:06:33,120 Speaker 10: wait for it too. It's pretty close and they have 139 00:06:33,120 --> 00:06:35,600 Speaker 10: to wait for it to to get beneath that. It's 140 00:06:35,640 --> 00:06:37,400 Speaker 10: heading in the right direction. There are to elements that 141 00:06:37,440 --> 00:06:41,000 Speaker 10: are sticking right. Tradeable inflation that's down too point three percent, 142 00:06:41,080 --> 00:06:44,080 Speaker 10: that's good, it's off sure stuff, but non tradable domestic 143 00:06:44,520 --> 00:06:47,760 Speaker 10: still very persistent. Five point four percent will be it 144 00:06:47,800 --> 00:06:49,440 Speaker 10: down from five point eight percent in March. So you 145 00:06:49,440 --> 00:06:51,919 Speaker 10: look at things like rent four point eight percent, inflation, 146 00:06:52,000 --> 00:06:54,760 Speaker 10: their rates nine point six percent, cost of building a 147 00:06:54,839 --> 00:06:56,880 Speaker 10: house that's still running at three percent, and the insurance 148 00:06:57,320 --> 00:07:00,000 Speaker 10: premiums are up some fourteen percent, and it's the same 149 00:07:00,000 --> 00:07:02,640 Speaker 10: as the March quarter, but that's actually nearly double the 150 00:07:02,680 --> 00:07:05,240 Speaker 10: previous peak back in two thousand and nine. So looks 151 00:07:05,279 --> 00:07:07,960 Speaker 10: still plenty of our pain points of inflation, right, But yeah, 152 00:07:07,960 --> 00:07:10,080 Speaker 10: good news at the headline level window, and maybe we'll 153 00:07:10,080 --> 00:07:10,800 Speaker 10: get their rate cup for. 154 00:07:10,800 --> 00:07:12,960 Speaker 2: Forty long and then we go to Britain. I'm assuming 155 00:07:13,000 --> 00:07:14,560 Speaker 2: the Bank of England have got to go next month, 156 00:07:14,600 --> 00:07:15,160 Speaker 2: don't they. 157 00:07:15,440 --> 00:07:18,600 Speaker 10: It looks pretty likely. So there's just one element of 158 00:07:18,640 --> 00:07:22,400 Speaker 10: concern here, and that's really mainly on the services sector 159 00:07:22,400 --> 00:07:25,400 Speaker 10: inflation side, So that was still quite persistent at the 160 00:07:25,480 --> 00:07:28,040 Speaker 10: latest print, that five point seven percent. That's probably the 161 00:07:28,040 --> 00:07:30,120 Speaker 10: only thing holding the Bank of England back. But yeah, 162 00:07:30,120 --> 00:07:33,360 Speaker 10: they consumed price indexum in the UK at two percent 163 00:07:33,400 --> 00:07:35,400 Speaker 10: annually last month and then you compare that to the 164 00:07:35,400 --> 00:07:38,760 Speaker 10: peak of eleven percent October between twenty two. Good news 165 00:07:38,800 --> 00:07:41,080 Speaker 10: as well, that Taylor Swift effect we've talked about before, Mike, 166 00:07:41,120 --> 00:07:43,880 Speaker 10: that didn't give things a bump. Restaurant hotel price status 167 00:07:44,080 --> 00:07:46,760 Speaker 10: up strongly though, But food and beverage inflation one and 168 00:07:46,760 --> 00:07:48,720 Speaker 10: a half percent. You compare it to a year ago, 169 00:07:48,720 --> 00:07:51,600 Speaker 10: it was seventeen point four percent, So lots of things 170 00:07:51,600 --> 00:07:54,400 Speaker 10: are falling. Cour CPI that was three and a half 171 00:07:54,440 --> 00:07:56,800 Speaker 10: percent the twelve months of June that was also unchanged. 172 00:07:56,800 --> 00:07:58,440 Speaker 10: So yeah, but of a lineball corps, I think, and 173 00:07:58,440 --> 00:08:02,040 Speaker 10: where they cut rates next month or perhaps in September. 174 00:08:02,080 --> 00:08:03,680 Speaker 2: All right, now, talk to me about chip stocks and 175 00:08:03,720 --> 00:08:06,560 Speaker 2: Trump's role in this and his comments about China, Taiwan 176 00:08:06,600 --> 00:08:07,120 Speaker 2: and so on. 177 00:08:08,040 --> 00:08:08,240 Speaker 12: Yeah. 178 00:08:08,280 --> 00:08:10,680 Speaker 10: Hey, well, so we talked about rotation, you said we 179 00:08:10,800 --> 00:08:13,320 Speaker 10: and also about the Trump effect, and certainly both for 180 00:08:13,720 --> 00:08:16,480 Speaker 10: in evidence overnight. So you look at the chip stocks, 181 00:08:16,480 --> 00:08:18,960 Speaker 10: I mean, they've been absolutely better today. So in the 182 00:08:19,000 --> 00:08:21,520 Speaker 10: video down six and a half percent. Dutch firm ACMIL 183 00:08:21,640 --> 00:08:25,160 Speaker 10: they make semiconductor equipment, they twelve percent in Europe. So 184 00:08:25,200 --> 00:08:25,840 Speaker 10: it's a couple of things. 185 00:08:25,880 --> 00:08:26,520 Speaker 11: This Trump. 186 00:08:26,560 --> 00:08:29,320 Speaker 10: He's sort of said that Taiwan should pay the US 187 00:08:29,360 --> 00:08:32,319 Speaker 10: for defense. He said that Taiwan took about one hundred 188 00:08:32,320 --> 00:08:35,199 Speaker 10: percent of America's semi conductive business. So obviously, you know 189 00:08:35,320 --> 00:08:37,160 Speaker 10: trade things are going to sort of pick up again 190 00:08:37,200 --> 00:08:39,679 Speaker 10: if he gets in. Also, his running mate jd Vance, 191 00:08:39,720 --> 00:08:42,320 Speaker 10: he has similar views around China. He'e in favor of tariffs, 192 00:08:42,679 --> 00:08:44,840 Speaker 10: but it's also observed a political football and You've got 193 00:08:44,920 --> 00:08:47,440 Speaker 10: Biden as well looking to make moves here, so there's 194 00:08:47,760 --> 00:08:50,640 Speaker 10: suggestions that they're going to make all His administration is 195 00:08:50,679 --> 00:08:53,400 Speaker 10: looking to use the foreign direct product role. Will should 196 00:08:53,440 --> 00:08:55,920 Speaker 10: say to put controls on foreign made products even if 197 00:08:55,920 --> 00:08:59,520 Speaker 10: they use the smallest amount of American tech. So he 198 00:08:59,600 --> 00:09:03,280 Speaker 10: always comments. Drove the semiconductor stocks down. Tail one semi 199 00:09:03,320 --> 00:09:05,520 Speaker 10: conductor that was down seven percent as well, and ACML 200 00:09:05,640 --> 00:09:09,199 Speaker 10: was down despite pretty good results, but half of their 201 00:09:09,200 --> 00:09:12,600 Speaker 10: sales come from China. Meanwhile, with a rotation old fashion 202 00:09:12,640 --> 00:09:14,720 Speaker 10: names doing quite well. You know healthcare that was up 203 00:09:15,280 --> 00:09:18,360 Speaker 10: four percent. Finance results yesterday, Jane Johnson. Johnson also had 204 00:09:18,360 --> 00:09:20,560 Speaker 10: a good building to speak, and gold stocks pushing up 205 00:09:20,600 --> 00:09:21,000 Speaker 10: as well. 206 00:09:21,200 --> 00:09:23,920 Speaker 2: Okay, numbers please, So the down. 207 00:09:23,800 --> 00:09:26,400 Speaker 10: Up one hundred ninety points forty one one four five, 208 00:09:26,480 --> 00:09:29,240 Speaker 10: So that's a new record. Nare's that year west stay 209 00:09:29,280 --> 00:09:31,400 Speaker 10: since twenty twenty two. I think it is the down 210 00:09:31,480 --> 00:09:34,560 Speaker 10: two point eight percent seventeen nine nine nine, A sm 211 00:09:34,600 --> 00:09:36,800 Speaker 10: P five hundred down one point three percent as well 212 00:09:37,080 --> 00:09:39,040 Speaker 10: for two one hundred up point three percent on the 213 00:09:39,040 --> 00:09:41,959 Speaker 10: inflation data, NICO down point four percent, a SX two 214 00:09:42,040 --> 00:09:44,480 Speaker 10: hundred a good day at point seven percent eighth five seven. 215 00:09:44,800 --> 00:09:46,880 Speaker 10: We're to twenty month high on the ends. Fifty is 216 00:09:46,920 --> 00:09:49,240 Speaker 10: mentioned up point eight eight percent one of seven points high, 217 00:09:49,360 --> 00:09:52,199 Speaker 10: twelve two nine two goal down ten dollars twenty and 218 00:09:52,320 --> 00:09:54,400 Speaker 10: fifty seven an ounce, well up a couple of bucks, 219 00:09:54,480 --> 00:09:57,040 Speaker 10: ay two spots, seventy eight currency markets key, we actually 220 00:09:57,080 --> 00:09:59,160 Speaker 10: high across the board, sixty point eight against the US, 221 00:09:59,679 --> 00:10:02,320 Speaker 10: ninety point three against the A dollar, and forty six 222 00:10:02,400 --> 00:10:03,840 Speaker 10: points seven against the stealing. 223 00:10:04,280 --> 00:10:05,920 Speaker 2: Good on you mate, have a good time, catch up tomorrow. 224 00:10:05,920 --> 00:10:09,880 Speaker 2: Appreciate it. Greg Smith, Devon Funds Management OSKY. Addie Das 225 00:10:09,920 --> 00:10:12,520 Speaker 2: they're doing okay. Not everyone in the leisure where the 226 00:10:12,600 --> 00:10:15,040 Speaker 2: leisure where market is, but Addie Das appear to. They've 227 00:10:15,080 --> 00:10:18,040 Speaker 2: hiked their full year guidance. This is globally better than expected. 228 00:10:18,080 --> 00:10:21,480 Speaker 2: Second quarter eleven percent increase in sales. They sold about 229 00:10:21,480 --> 00:10:25,000 Speaker 2: ten billion dollars worth of stuff globally. That excludes yeasy 230 00:10:25,040 --> 00:10:27,680 Speaker 2: and you know what, you don't mention your easy anyway. 231 00:10:27,720 --> 00:10:31,760 Speaker 2: Their gross margin reached fifty percent, So every time you 232 00:10:31,800 --> 00:10:33,960 Speaker 2: buy a little bit of Addie Das, just remember the 233 00:10:34,000 --> 00:10:46,920 Speaker 2: margin there is fifty percent. Six twenty. You're at newstalks, theb. 234 00:10:44,000 --> 00:10:45,400 Speaker 1: The mic Hosking breakfast. 235 00:10:45,840 --> 00:10:50,280 Speaker 2: The Biden Troublers back shift Adam has come out publicly. 236 00:10:50,320 --> 00:10:52,679 Speaker 2: It's probably the highest profile so far. To go, mate, 237 00:10:52,679 --> 00:10:53,880 Speaker 2: you've got to go and work you through that in 238 00:10:53,880 --> 00:10:56,920 Speaker 2: the moment. But new report this morning from the Secret 239 00:10:56,920 --> 00:11:00,520 Speaker 2: Service the FBI are the parents of crooks called the 240 00:11:00,559 --> 00:11:03,400 Speaker 2: cops to say he was missing. This is a new report. 241 00:11:04,080 --> 00:11:07,400 Speaker 2: He was at the rally three hours before he started shooting, 242 00:11:08,120 --> 00:11:11,120 Speaker 2: told his boss he needed the day off on the Saturday. 243 00:11:12,000 --> 00:11:14,439 Speaker 2: Father told law enforcement he assumed his son had gone 244 00:11:14,480 --> 00:11:17,120 Speaker 2: to the shooting range at the Clearton Sportsman's Club to 245 00:11:17,160 --> 00:11:19,800 Speaker 2: practice with his rifle, would be back about one o'clock. 246 00:11:19,800 --> 00:11:22,120 Speaker 2: As the afternoon went on, they became concerned. Why would 247 00:11:22,200 --> 00:11:25,920 Speaker 2: you become concerned about a twenty two year old when 248 00:11:26,120 --> 00:11:27,920 Speaker 2: they thought he was going to come back at one 249 00:11:27,960 --> 00:11:30,040 Speaker 2: and by two or three o'clock suddenly he wasn't back. 250 00:11:31,320 --> 00:11:33,559 Speaker 2: You don't ring the police when you got a twenty 251 00:11:33,559 --> 00:11:35,440 Speaker 2: two or twenty three year old who's a couple of 252 00:11:35,440 --> 00:11:40,680 Speaker 2: hours late. There's a clue spotted at the rally at 253 00:11:40,720 --> 00:11:43,800 Speaker 2: the security screening area, tried to pass through metal detector 254 00:11:44,320 --> 00:11:47,240 Speaker 2: with a range find A range finder wouldn't have done anything. 255 00:11:47,280 --> 00:11:50,680 Speaker 2: He was at that point though, on the Secret Service's radar. 256 00:11:51,600 --> 00:11:55,400 Speaker 2: They took a photo of them. He then collected the rifle, 257 00:11:55,400 --> 00:11:56,920 Speaker 2: and this is where it all seems to have gone 258 00:11:56,920 --> 00:12:00,560 Speaker 2: wrong from his car. The car also contained bullok proofest 259 00:12:00,600 --> 00:12:04,280 Speaker 2: and two explosive devices. About forty minutes before the shooting, 260 00:12:04,320 --> 00:12:06,320 Speaker 2: he was back at the Secret Service radar. They had 261 00:12:06,320 --> 00:12:08,360 Speaker 2: a photo of them at that point six to eleven 262 00:12:08,440 --> 00:12:10,560 Speaker 2: local time, ten past ten in the morning our time, 263 00:12:10,840 --> 00:12:12,680 Speaker 2: took up position on the roof. This is where it 264 00:12:12,679 --> 00:12:15,559 Speaker 2: gets really bad for the Secret Service, because this woman 265 00:12:15,800 --> 00:12:19,840 Speaker 2: Cheetle who runs it has been busy explaining that the 266 00:12:19,920 --> 00:12:22,000 Speaker 2: slope of the roof was the problem and they didn't 267 00:12:22,000 --> 00:12:24,520 Speaker 2: want anybody on that sort of slope. Go look, if 268 00:12:24,520 --> 00:12:27,120 Speaker 2: you haven't followed this closely enough, go look at the 269 00:12:27,160 --> 00:12:29,480 Speaker 2: slope of that roof and ask yourself, would I be 270 00:12:29,520 --> 00:12:31,840 Speaker 2: happy with my grandmother being on it? And the answer 271 00:12:31,880 --> 00:12:35,040 Speaker 2: is yes. And this is where ultimately they are going 272 00:12:35,080 --> 00:12:38,360 Speaker 2: to be found horrifically wanting sex twenty five. 273 00:12:38,600 --> 00:12:42,400 Speaker 7: Trending Now Queen Chemist ware House the home of Big 274 00:12:42,440 --> 00:12:43,600 Speaker 7: Brand fightamens mere time. 275 00:12:43,640 --> 00:12:45,840 Speaker 2: Let's head back to the San Ribon where we find 276 00:12:45,880 --> 00:12:50,600 Speaker 2: the Paris Mayor Ann Hildago, who hasn't resigned, and about 277 00:12:50,640 --> 00:12:52,480 Speaker 2: one hundred of her best friends taking a dip to 278 00:12:52,520 --> 00:12:54,160 Speaker 2: show that the river is clear as a bell. 279 00:12:54,320 --> 00:13:00,599 Speaker 13: This dream, No, it's real, And after it again we 280 00:13:00,840 --> 00:13:11,040 Speaker 13: have a swimming and you can it is so. 281 00:13:11,480 --> 00:13:14,000 Speaker 2: Beautiful to ye, she's full of it, doesn't she? 282 00:13:14,040 --> 00:13:14,319 Speaker 12: Anyway? 283 00:13:14,320 --> 00:13:17,120 Speaker 2: I seen in senior Paris correspondent Melissa Bell, she was 284 00:13:17,160 --> 00:13:18,959 Speaker 2: one of the ones who actually jumped in as well, 285 00:13:19,640 --> 00:13:20,640 Speaker 2: not quite as glowing. 286 00:13:20,840 --> 00:13:23,199 Speaker 13: I actually said, I'm clinging onto the side this boot 287 00:13:23,480 --> 00:13:26,120 Speaker 13: because the current actually in the sand is so strong 288 00:13:26,640 --> 00:13:29,760 Speaker 13: that if I don't, I'll quickly be swept downstream Like 289 00:13:29,920 --> 00:13:32,720 Speaker 13: this would have been impossibly here a couple of weeks ago. 290 00:13:33,200 --> 00:13:33,720 Speaker 14: For today. 291 00:13:34,160 --> 00:13:37,120 Speaker 15: It's actually really not as smugly as I thought he 292 00:13:37,120 --> 00:13:40,400 Speaker 15: would be, and feels not quite clean. 293 00:13:41,040 --> 00:13:43,839 Speaker 2: But why is she so out of breath on the mirror? 294 00:13:43,840 --> 00:13:46,480 Speaker 2: Isn't what's going on there? So at the stage it's 295 00:13:46,559 --> 00:13:49,560 Speaker 2: usable opening ceremony takes place on the river if the 296 00:13:49,600 --> 00:13:52,559 Speaker 2: currents aren't too strong, trieth one's going to go ahead 297 00:13:52,559 --> 00:13:54,560 Speaker 2: with the swimming league if there's no rain. Now the 298 00:13:54,559 --> 00:13:56,640 Speaker 2: problem with the if there's no rain, it's not run 299 00:13:56,679 --> 00:13:59,280 Speaker 2: this event until the thirty or thirty first of the month, 300 00:13:59,320 --> 00:14:01,760 Speaker 2: in other words, Cup weeks away. So at this particular 301 00:14:01,760 --> 00:14:03,520 Speaker 2: point in time they got no clue what the weather's 302 00:14:03,559 --> 00:14:05,839 Speaker 2: going to be. Organizers say, look, they've got a couple 303 00:14:05,880 --> 00:14:07,880 Speaker 2: of days up this leave to postpone that the forecast 304 00:14:07,960 --> 00:14:10,679 Speaker 2: is no good. But as we heard yesterday from Nigel Avery, 305 00:14:10,679 --> 00:14:13,480 Speaker 2: our shift mission, if they postponed the triathlon becomes a 306 00:14:13,520 --> 00:14:17,760 Speaker 2: duo afflon and for the life of me, at that level, 307 00:14:18,040 --> 00:14:20,960 Speaker 2: I just cannot understand how they've been allowed to get 308 00:14:20,960 --> 00:14:22,960 Speaker 2: away with that, because it is the most ridiculous thing 309 00:14:22,960 --> 00:14:24,560 Speaker 2: in the world. It's almost like the Secret Service are 310 00:14:24,600 --> 00:14:28,920 Speaker 2: running the Olympics. So Greg forum he'll be happy because 311 00:14:28,960 --> 00:14:31,680 Speaker 2: the Commerce Commission, who are fantastically busy at the moment. 312 00:14:31,760 --> 00:14:34,040 Speaker 2: Not that they're telling us we can't have a merger 313 00:14:34,040 --> 00:14:36,880 Speaker 2: in the grocery department. They're telling Auckland the airport these 314 00:14:36,960 --> 00:14:38,960 Speaker 2: charges are too much. I mean, I hope they're on 315 00:14:39,560 --> 00:14:43,320 Speaker 2: overtime and working saturdays. Anyway, they said that the airport 316 00:14:43,320 --> 00:14:45,720 Speaker 2: are wrong in New Zealand. Will be happy about this 317 00:14:45,920 --> 00:14:48,440 Speaker 2: on our behalf because the consumer doesn't have to pay more. 318 00:14:48,600 --> 00:14:50,840 Speaker 2: Griggs with us shortly, you're. 319 00:14:50,720 --> 00:14:54,880 Speaker 1: Trusted Hoe for News for entertainment's opinion and Mike the 320 00:14:55,080 --> 00:14:59,080 Speaker 1: my Hosking breakfast with a Veda retirement Communities life. 321 00:14:59,280 --> 00:15:01,080 Speaker 14: Your way is. 322 00:15:01,040 --> 00:15:03,520 Speaker 2: Adam shiff If Biden thought is he too old to 323 00:15:03,720 --> 00:15:05,880 Speaker 2: run for president? Problem, we've gone away. It hasn't. Adam 324 00:15:05,880 --> 00:15:08,120 Speaker 2: Shipped this morning has come out and said, you know 325 00:15:08,400 --> 00:15:10,000 Speaker 2: the usual things they say. He's been one of the 326 00:15:10,040 --> 00:15:12,800 Speaker 2: most consequential presidents in our nation's history. Is lifetime of 327 00:15:12,880 --> 00:15:15,280 Speaker 2: service as senator and vice president and now as president 328 00:15:15,520 --> 00:15:19,280 Speaker 2: has made our nation better. But he needs to set aside. 329 00:15:19,280 --> 00:15:22,920 Speaker 2: And then there's this letter circulating nineteen Democrats from Capitol Hill. 330 00:15:22,960 --> 00:15:25,760 Speaker 2: So far I've signed what they're basically wanting. The DNC 331 00:15:26,600 --> 00:15:28,720 Speaker 2: is looking to hold what they call a virtual role call. 332 00:15:28,760 --> 00:15:32,040 Speaker 2: This is unprecedented, apparently, a virtual role call being hey, guys, 333 00:15:32,080 --> 00:15:34,720 Speaker 2: what do we reckon? And the fear is that if 334 00:15:34,760 --> 00:15:37,560 Speaker 2: they hold that virtual role call, it's a disaster. So 335 00:15:37,600 --> 00:15:40,800 Speaker 2: it's stifling debate. They're arguing prematurely, shutting down any possible 336 00:15:40,880 --> 00:15:43,880 Speaker 2: change in the Democratic ticket. Presumably they want to take 337 00:15:43,880 --> 00:15:46,720 Speaker 2: it to the convention in Chicago and make it a 338 00:15:46,760 --> 00:15:50,720 Speaker 2: contested convention. So that's unfolding as we speak twenty three 339 00:15:50,760 --> 00:15:54,640 Speaker 2: to seven. Joe McKenna and Italy in a couple of 340 00:15:54,640 --> 00:15:57,120 Speaker 2: moments for you meantime back here, the COMMU is commissioned 341 00:15:57,120 --> 00:15:59,400 Speaker 2: to enter the debate for the second time of the week. Basically, 342 00:15:59,400 --> 00:16:01,080 Speaker 2: first the super make a merger, of course they're not 343 00:16:01,120 --> 00:16:03,480 Speaker 2: convinced about that, and now the Aukland Airport and their charges, 344 00:16:03,520 --> 00:16:06,400 Speaker 2: they're not convinced about that either. A draft investigations found 345 00:16:06,400 --> 00:16:09,000 Speaker 2: the airport's returns were an excess of what was reasonable. 346 00:16:09,040 --> 00:16:11,360 Speaker 2: The New Zealand Chief Executive Greg Forunes with us on 347 00:16:11,400 --> 00:16:15,120 Speaker 2: this Greg morning. Is this a win for the airline? 348 00:16:16,600 --> 00:16:19,080 Speaker 16: It's a small part of it, mate, you know, it's 349 00:16:19,160 --> 00:16:23,120 Speaker 16: dealing with the return that the airport get on priced 350 00:16:23,160 --> 00:16:27,000 Speaker 16: aeronautical activities. So we please to Commerce come out with that. 351 00:16:27,520 --> 00:16:30,280 Speaker 16: We still think this more regulatory change required. 352 00:16:30,480 --> 00:16:31,080 Speaker 2: Will it come. 353 00:16:33,000 --> 00:16:35,400 Speaker 16: We're going to push and continue to push hard on this, 354 00:16:35,640 --> 00:16:39,840 Speaker 16: and we're going to get on with Andrew Bailey who's 355 00:16:39,960 --> 00:16:43,480 Speaker 16: the Commerce Minister, and get him to try and get 356 00:16:43,480 --> 00:16:44,960 Speaker 16: some regulatory change in there. 357 00:16:45,040 --> 00:16:48,840 Speaker 2: Do you think see Bailey's the government The Commerce Commission 358 00:16:48,880 --> 00:16:51,320 Speaker 2: is separate from the Commers Commission's point of view, Does 359 00:16:51,360 --> 00:16:54,160 Speaker 2: this send the message to Auckland Airport that they're out 360 00:16:54,200 --> 00:16:56,080 Speaker 2: of line? Auckland Airport will get that. 361 00:16:58,600 --> 00:17:00,560 Speaker 16: Well, of course it's the first time and the Commerce 362 00:17:00,560 --> 00:17:03,680 Speaker 16: Commission have sent this message. Last time we had a 363 00:17:03,720 --> 00:17:09,080 Speaker 16: price setting event, there was a fifteen million dollar view 364 00:17:09,119 --> 00:17:11,280 Speaker 16: that they were over the top, and this time it's 365 00:17:11,359 --> 00:17:15,199 Speaker 16: two hundred million. So you know, this is interesting. But 366 00:17:15,720 --> 00:17:18,639 Speaker 16: all what's really doing is saying that in terms of 367 00:17:18,720 --> 00:17:22,520 Speaker 16: your aeronautical activities, we think the return you're getting on 368 00:17:22,560 --> 00:17:25,960 Speaker 16: those is too much. What we're looking for is for 369 00:17:26,160 --> 00:17:29,480 Speaker 16: some activity that says how much you spending to begin with. 370 00:17:30,040 --> 00:17:32,360 Speaker 16: And it's not that we don't think so money shouldn't 371 00:17:32,359 --> 00:17:33,960 Speaker 16: be spent, No, it's how. 372 00:17:33,840 --> 00:17:37,080 Speaker 2: Much is do you have any sympathy for them in 373 00:17:37,119 --> 00:17:39,520 Speaker 2: the sense that the fact that their monopolistic isn't really 374 00:17:39,560 --> 00:17:41,560 Speaker 2: their fault and they want to do some stuff another 375 00:17:41,600 --> 00:17:43,359 Speaker 2: business might want to do, and good on them for 376 00:17:43,400 --> 00:17:45,560 Speaker 2: doing it. But all these people like you, like the 377 00:17:45,560 --> 00:17:49,160 Speaker 2: Commerce Commission, like the government, et cetera, are constraining them 378 00:17:49,200 --> 00:17:52,280 Speaker 2: to a degree and in normal circumstances that would be 379 00:17:52,280 --> 00:17:53,080 Speaker 2: seen as unfair. 380 00:17:54,400 --> 00:17:56,720 Speaker 16: Basically I would agree with that mark. I don't think 381 00:17:56,800 --> 00:18:01,200 Speaker 16: this is an issue that Auckland Airport, you know, are 382 00:18:01,240 --> 00:18:05,240 Speaker 16: doing anything that a normal business wouldn't do. Our issue 383 00:18:05,320 --> 00:18:08,960 Speaker 16: is that the regulations aren't set at the right level 384 00:18:09,000 --> 00:18:11,879 Speaker 16: for this. And by the way, it's not any New 385 00:18:11,920 --> 00:18:15,679 Speaker 16: Zealand thing where we're seeing other airlines domestic air lines 386 00:18:15,720 --> 00:18:18,159 Speaker 16: putting their hands up. It's just that obviously we're the 387 00:18:18,280 --> 00:18:21,040 Speaker 16: larger player, so we tend to get more of the voice. 388 00:18:21,080 --> 00:18:24,600 Speaker 16: But everyone's feeling it. Auckland Airport are doing what Auckland 389 00:18:24,640 --> 00:18:28,640 Speaker 16: Airport would do. It's the regulations here that need to change, 390 00:18:28,720 --> 00:18:31,240 Speaker 16: and it's Andrew Bailey who can help make that happen. 391 00:18:31,600 --> 00:18:35,040 Speaker 2: While I've got you tourism mired at eighty percent of 392 00:18:35,040 --> 00:18:38,520 Speaker 2: what it once was. Is anybody actually concerned about this 393 00:18:38,600 --> 00:18:39,439 Speaker 2: in this country or not? 394 00:18:39,520 --> 00:18:39,800 Speaker 12: Really? 395 00:18:41,080 --> 00:18:42,159 Speaker 14: I am now. 396 00:18:42,240 --> 00:18:45,440 Speaker 16: I know my team a and when you have a 397 00:18:45,440 --> 00:18:48,439 Speaker 16: look at the numbers, there's one area in particular that 398 00:18:48,480 --> 00:18:50,600 Speaker 16: we're all in short and that happens to be trained. 399 00:18:51,400 --> 00:18:54,400 Speaker 16: So if we could get the numbers in China backup, 400 00:18:54,480 --> 00:18:56,840 Speaker 16: and some of the stats I was looking at Mike 401 00:18:56,920 --> 00:19:00,399 Speaker 16: would indicate that they're down about forty six per on 402 00:19:00,520 --> 00:19:05,160 Speaker 16: where they were twenty nineteen and they were our second 403 00:19:05,320 --> 00:19:09,560 Speaker 16: largest tourism market. If we fix that, we actually go 404 00:19:09,640 --> 00:19:11,800 Speaker 16: a long way to filling the hole this is. 405 00:19:12,040 --> 00:19:14,320 Speaker 2: But part of the problem with that is that it's 406 00:19:14,400 --> 00:19:16,680 Speaker 2: not our fault that China doesn't want to travel and 407 00:19:16,680 --> 00:19:18,879 Speaker 2: where they are traveling. I understand they travel domestically and 408 00:19:18,920 --> 00:19:21,440 Speaker 2: maybe they're going to Asia like Singapore, Indonesia, et cetera. 409 00:19:22,040 --> 00:19:24,440 Speaker 2: Is that our problem? Do we have an image problem 410 00:19:24,480 --> 00:19:27,520 Speaker 2: beyond China? 411 00:19:27,640 --> 00:19:29,520 Speaker 16: I would say that, like a lot of problems, there's 412 00:19:29,560 --> 00:19:33,760 Speaker 16: a lot of issues that go into them. Possibly China 413 00:19:33,960 --> 00:19:36,840 Speaker 16: are trying to fuel their domestic economy, so you know, 414 00:19:36,960 --> 00:19:39,639 Speaker 16: are a little bit hesitant to have people leave. What 415 00:19:39,720 --> 00:19:41,879 Speaker 16: I would tell you is it traffic between the US 416 00:19:41,920 --> 00:19:46,480 Speaker 16: and China, in terms of their travel, is still considerably suppressed. 417 00:19:47,040 --> 00:19:49,520 Speaker 16: I think they're still operating at just sixteen percent of 418 00:19:49,560 --> 00:19:53,520 Speaker 16: pre COVID, so people there will want to travel. We 419 00:19:53,640 --> 00:19:56,399 Speaker 16: haven't made it as easy as what we could. You 420 00:19:56,440 --> 00:19:59,280 Speaker 16: know that these are office is now no longer open evasion, 421 00:19:59,600 --> 00:20:03,000 Speaker 16: so that's got to be handled. Here in New Zealand 422 00:20:03,440 --> 00:20:06,480 Speaker 16: is a translation fee that has now been applied to it. 423 00:20:06,840 --> 00:20:09,480 Speaker 16: So every time you stick to friction, that makes it 424 00:20:09,520 --> 00:20:12,120 Speaker 16: more difficult for people to do it. What I'll also 425 00:20:12,240 --> 00:20:14,520 Speaker 16: tell you is that is I think something like thirty 426 00:20:14,600 --> 00:20:18,920 Speaker 16: two flights between China and New Zealand every single week, 427 00:20:19,000 --> 00:20:22,320 Speaker 16: so there's no shortage of capacity there. We've got to 428 00:20:22,320 --> 00:20:24,920 Speaker 16: make it really easy for those people to come here 429 00:20:25,560 --> 00:20:27,800 Speaker 16: and enjoy a great holiday in New Zealand. 430 00:20:28,280 --> 00:20:29,960 Speaker 2: Well, so I appreciate your time is always great for 431 00:20:30,040 --> 00:20:32,440 Speaker 2: him in New Zealand, CEO eighteen minutes away from seven. 432 00:20:33,520 --> 00:20:36,760 Speaker 2: Last night we watch Hillbilly Elergy on Netflix. Interesting story 433 00:20:36,800 --> 00:20:38,760 Speaker 2: and background to Jadie Vance in his own words, very 434 00:20:38,760 --> 00:20:41,159 Speaker 2: different upbringing to Trump. I must watch for anyone interested 435 00:20:41,200 --> 00:20:44,920 Speaker 2: in American politics. Good recommendation. Neil Having said all of that, 436 00:20:45,200 --> 00:20:47,119 Speaker 2: what was smart about Trump and what he's done the 437 00:20:47,160 --> 00:20:49,800 Speaker 2: same way did it with Pence. Pence was the religious 438 00:20:49,800 --> 00:20:51,960 Speaker 2: aspect of it. Trump's got all the votes he's going 439 00:20:52,040 --> 00:20:54,040 Speaker 2: to get. You're either voting for Trump or you're not 440 00:20:54,080 --> 00:20:56,359 Speaker 2: voting for Trump. Might have changed because of Saturday a 441 00:20:56,359 --> 00:20:58,520 Speaker 2: little bit, but generally speaking, then he needs somebody else. 442 00:20:58,560 --> 00:21:00,439 Speaker 2: That's way you get a woman. If you don't get 443 00:21:00,440 --> 00:21:02,439 Speaker 2: a woman, you get a guy who can talk to 444 00:21:02,440 --> 00:21:04,639 Speaker 2: the rust belt. Very good story on television last night 445 00:21:04,720 --> 00:21:06,880 Speaker 2: and can't remember rub which channel it was on. Probably 446 00:21:06,920 --> 00:21:10,199 Speaker 2: worth looking up, woman reporter, I think from ITV wandered 447 00:21:10,240 --> 00:21:13,119 Speaker 2: around small town Pennsylvania, the sort of thing that Bryant 448 00:21:13,160 --> 00:21:15,919 Speaker 2: used to do, the Rust Belt America. Look at the 449 00:21:15,960 --> 00:21:18,960 Speaker 2: way they live, look at their houses. Look at Butler. 450 00:21:19,840 --> 00:21:21,960 Speaker 2: You've seen Butler. You've never heard of Butler. Go look 451 00:21:22,000 --> 00:21:24,120 Speaker 2: at Butler. Look at the houses they live in, the 452 00:21:24,119 --> 00:21:26,520 Speaker 2: money they earn or don't earn, the jobs they have, 453 00:21:26,720 --> 00:21:29,600 Speaker 2: the lives they lead. And if you can get somebody 454 00:21:29,600 --> 00:21:32,080 Speaker 2: in the White House that can connect with that, that 455 00:21:32,160 --> 00:21:35,679 Speaker 2: will win you the presidency. Seventeen to two. 456 00:21:38,200 --> 00:21:39,600 Speaker 17: The My Costing. 457 00:21:39,160 --> 00:21:41,720 Speaker 2: Breakfast reminds me of that saying from Bruce Springsteen, the 458 00:21:41,720 --> 00:21:44,520 Speaker 2: gap between the American dream and theor of the American reality. 459 00:21:44,560 --> 00:21:48,320 Speaker 2: That's my territory IMF. By the way, speaking of China, 460 00:21:48,840 --> 00:21:52,720 Speaker 2: they came out and upgraded their growth forecast for both 461 00:21:52,800 --> 00:21:56,160 Speaker 2: China and indeed India. And what's interesting about that those 462 00:21:56,200 --> 00:22:00,960 Speaker 2: two countries alone account now or will account for, of 463 00:22:01,000 --> 00:22:05,080 Speaker 2: the growth in the entire world. India seven percent for 464 00:22:05,119 --> 00:22:08,240 Speaker 2: the year, up from six point eight, China five percent, 465 00:22:08,359 --> 00:22:10,280 Speaker 2: up from four point six fourteen two. 466 00:22:11,000 --> 00:22:14,920 Speaker 17: International Correspondence with ends and eye insurance, peace of mind 467 00:22:14,960 --> 00:22:16,159 Speaker 17: for New Zealand business. 468 00:22:16,080 --> 00:22:19,160 Speaker 2: Metalie Johnie Enna, Very good morning for you, good money mate. 469 00:22:19,160 --> 00:22:20,760 Speaker 2: I haven't spoken to you since you went on holiday, 470 00:22:20,760 --> 00:22:23,320 Speaker 2: have you have I? Oh, that's right, well indeed, and 471 00:22:23,400 --> 00:22:25,119 Speaker 2: you haven't spoken to me since I went on holiday, 472 00:22:25,119 --> 00:22:27,120 Speaker 2: So it's been God, has been so long, Joe since 473 00:22:27,160 --> 00:22:29,080 Speaker 2: we've spoken. How was your holiday? Out of ten? 474 00:22:30,400 --> 00:22:34,360 Speaker 18: Way too short? I'd say seven out of ten for Croatia, Yes, 475 00:22:34,480 --> 00:22:40,200 Speaker 18: beautiful scenery, fabulous Mediterranean water or Adriatic water, very transparent, 476 00:22:40,320 --> 00:22:40,840 Speaker 18: very nice. 477 00:22:41,840 --> 00:22:42,159 Speaker 15: Food. 478 00:22:42,200 --> 00:22:44,240 Speaker 18: Was a little bit disappointing, I say, I think we're 479 00:22:44,280 --> 00:22:45,479 Speaker 18: still spoiled in Italy. 480 00:22:45,680 --> 00:22:47,320 Speaker 2: Oh, good on you, well, very pleased you had a 481 00:22:47,359 --> 00:22:50,200 Speaker 2: good time. Now, Maloney, tell me about the Poles. First 482 00:22:50,240 --> 00:22:52,560 Speaker 2: of all, she seemingly can do no wrong. 483 00:22:53,600 --> 00:22:55,960 Speaker 18: It's incredible when you think about it. I mean, she's 484 00:22:56,000 --> 00:22:58,440 Speaker 18: been in office now for a year and a half, 485 00:22:58,480 --> 00:23:02,040 Speaker 18: almost two years coming up in October, and her party, 486 00:23:02,160 --> 00:23:05,480 Speaker 18: if they had an election tomorrow, would be quite solid 487 00:23:05,480 --> 00:23:09,119 Speaker 18: at around twenty nine percent of the vote according to 488 00:23:09,160 --> 00:23:12,640 Speaker 18: the latest polls. The nearest rival is the center left 489 00:23:12,640 --> 00:23:16,280 Speaker 18: Democratic Party, the main opposition party, at around twenty three percent. 490 00:23:17,000 --> 00:23:19,760 Speaker 2: Okay, and she I saw the eye roll. Has that 491 00:23:19,840 --> 00:23:22,560 Speaker 2: gone down well in Italy? The eye roll at NATO. 492 00:23:23,040 --> 00:23:26,240 Speaker 18: Look, I think generated a lot more interest around the 493 00:23:26,240 --> 00:23:29,600 Speaker 18: world than inside Italy. But it's something that she's known 494 00:23:29,720 --> 00:23:33,320 Speaker 18: for and when she gets bored or angry or frustrated, 495 00:23:33,359 --> 00:23:35,160 Speaker 18: she tends to roll her eyes and it was caught 496 00:23:35,160 --> 00:23:39,040 Speaker 18: on camera at the NATO summit, went viral and created 497 00:23:39,080 --> 00:23:40,520 Speaker 18: all sorts of interest around the world. 498 00:23:40,640 --> 00:23:42,080 Speaker 2: Okay, talk to me about the weather. I get a 499 00:23:42,160 --> 00:23:44,280 Speaker 2: daughter in Italy at the moment, she's saying thirty seven 500 00:23:44,400 --> 00:23:46,880 Speaker 2: thirty eight around the place, that's. 501 00:23:46,760 --> 00:23:51,000 Speaker 18: Right, and even more severe in places like Sardinia and Sicily. 502 00:23:51,080 --> 00:23:54,480 Speaker 18: Today we've had some fires. Two forty five year old 503 00:23:54,560 --> 00:23:58,359 Speaker 18: firefighters lost their lives in southern Italy trying to save 504 00:23:58,359 --> 00:24:03,560 Speaker 18: a family from a fire around the Materra area. For 505 00:24:03,800 --> 00:24:07,560 Speaker 18: elderly people have died from the intense heat wave. We've 506 00:24:07,600 --> 00:24:11,080 Speaker 18: got fourteen cities tomorrow on red alert for the heat, 507 00:24:11,240 --> 00:24:13,480 Speaker 18: which is a warning for everyone to just take a 508 00:24:13,520 --> 00:24:16,159 Speaker 18: bit more care, and particularly elderly and vulnerable people. 509 00:24:16,280 --> 00:24:18,719 Speaker 2: And what happens that there are droughts and you know, 510 00:24:18,840 --> 00:24:20,480 Speaker 2: things like that that we worry about in this country 511 00:24:20,480 --> 00:24:21,560 Speaker 2: in the summer when it doesn't rain. 512 00:24:22,440 --> 00:24:22,640 Speaker 19: Yeah. 513 00:24:22,680 --> 00:24:25,440 Speaker 18: The odd thing, Mike is we've had storms and heavy 514 00:24:25,520 --> 00:24:28,760 Speaker 18: rain in the north of the country and worsening drought, 515 00:24:29,000 --> 00:24:33,000 Speaker 18: particularly in Sicily and Coldaretti. The National Farmers Organization is 516 00:24:33,040 --> 00:24:36,159 Speaker 18: warning more than thirty thousand jobs have been lost between 517 00:24:36,240 --> 00:24:38,159 Speaker 18: Sicily and the southern region of Paulia. 518 00:24:38,400 --> 00:24:43,280 Speaker 2: Fantastic. I'm reading the other day Barcelona. What they're doing 519 00:24:43,359 --> 00:24:45,359 Speaker 2: is standing outside the cafes and they're spraying people with 520 00:24:45,440 --> 00:24:47,639 Speaker 2: water water guns for the tourists. They hate the tourists, 521 00:24:47,640 --> 00:24:50,719 Speaker 2: and I know that Italy is inundated with tourists at 522 00:24:50,720 --> 00:24:53,480 Speaker 2: the moment. Is there angst about the tourist sect? 523 00:24:53,680 --> 00:24:56,800 Speaker 18: There is a bit of angst. Yeah, I'm particularly with 524 00:24:57,320 --> 00:25:01,240 Speaker 18: a lack of taxis in Rome. Pockets on the subway 525 00:25:01,400 --> 00:25:04,640 Speaker 18: out of control more so than usual. One subway station 526 00:25:04,840 --> 00:25:08,359 Speaker 18: was shut down last Saturday night when two rival pickpocket 527 00:25:08,400 --> 00:25:12,879 Speaker 18: gangs started fighting with tourists. So there is this wave 528 00:25:12,960 --> 00:25:16,000 Speaker 18: of tourists that's come in. We've heard about the charge 529 00:25:16,000 --> 00:25:19,919 Speaker 18: in Venice for day trippers, and even the island of 530 00:25:19,960 --> 00:25:23,720 Speaker 18: Cupri has been overrun in recent days with Americans. Apparently. 531 00:25:24,040 --> 00:25:27,160 Speaker 2: Daughter's telling me a lot of biggers at So if 532 00:25:27,160 --> 00:25:29,120 Speaker 2: you're eating on the street, a lot of biggers they 533 00:25:29,160 --> 00:25:31,040 Speaker 2: just come up and bother you over dinner or lunch 534 00:25:31,080 --> 00:25:31,440 Speaker 2: or whatever. 535 00:25:32,320 --> 00:25:34,879 Speaker 18: Yeah, I haven't found it so much around my dinner 536 00:25:34,920 --> 00:25:38,360 Speaker 18: table at a restaurant, but certainly on the street. It's 537 00:25:38,440 --> 00:25:41,399 Speaker 18: quite common now to see beggars in front of you 538 00:25:41,440 --> 00:25:42,000 Speaker 18: on the street. 539 00:25:42,640 --> 00:25:44,159 Speaker 2: All right, good to catch up, Joe, go well, we'll 540 00:25:44,200 --> 00:25:46,160 Speaker 2: catch up talk next to this. They appreciate it very much, 541 00:25:46,160 --> 00:25:47,800 Speaker 2: speaking of itly. By the way, if you've never seen it, 542 00:25:48,000 --> 00:25:50,399 Speaker 2: I'm sure I've recommended it about a million times. But 543 00:25:50,640 --> 00:25:53,680 Speaker 2: Stanley Tucci did it just an astonishingly good series on 544 00:25:53,720 --> 00:25:56,320 Speaker 2: CNN about a year ago. And because it was on 545 00:25:56,359 --> 00:25:58,000 Speaker 2: c and N didn't seem to go anywhere else. So 546 00:25:58,000 --> 00:26:00,400 Speaker 2: you either got it on CNN or you didn't. It's 547 00:26:00,440 --> 00:26:02,600 Speaker 2: turned up on the Living Channel, which is channel What's 548 00:26:02,640 --> 00:26:06,080 Speaker 2: what's the Living Channel's channel seventeen? I think anyway, it's 549 00:26:06,080 --> 00:26:07,760 Speaker 2: turned up on the Living Channel on Sky. 550 00:26:08,320 --> 00:26:10,760 Speaker 20: And I really think that people are still dialing in 551 00:26:10,840 --> 00:26:13,320 Speaker 20: channel numbers and not just going to the on demand thing. 552 00:26:13,359 --> 00:26:16,320 Speaker 2: And that's exactly why I said what I said, you 553 00:26:16,480 --> 00:26:19,240 Speaker 2: try and find that series on demand and you can't 554 00:26:19,359 --> 00:26:21,200 Speaker 2: because it was a C and N product that didn't 555 00:26:21,200 --> 00:26:24,080 Speaker 2: go on demand. So it is channel seven, it's channel 556 00:26:24,119 --> 00:26:27,880 Speaker 2: seventeen on my box. Just look, Sammy's nodding and he's 557 00:26:27,920 --> 00:26:31,639 Speaker 2: a what's the gen XA gen wire? A millennial? 558 00:26:34,600 --> 00:26:34,840 Speaker 11: I think. 559 00:26:35,760 --> 00:26:38,560 Speaker 2: Anyway, Stanley Tucci very very good of her into food 560 00:26:38,560 --> 00:26:40,800 Speaker 2: and Italy in culture. Generally, nine minutes away from sip. 561 00:26:42,280 --> 00:26:43,600 Speaker 17: The my costume. 562 00:26:43,240 --> 00:26:47,320 Speaker 1: Breakfast with a Vita Retirement Communities News togs had been. 563 00:26:47,200 --> 00:26:50,440 Speaker 2: Tuci, I'm told is currently filming another series four National Geographic, 564 00:26:50,520 --> 00:26:51,600 Speaker 2: which will be uptime. 565 00:26:51,560 --> 00:26:53,439 Speaker 20: By the way, to go to the Skygo and just 566 00:26:53,760 --> 00:26:55,879 Speaker 20: I got as far as typing in Stanley because I 567 00:26:55,880 --> 00:26:58,600 Speaker 20: couldn't even remember what the program was called, and it 568 00:26:58,680 --> 00:27:02,720 Speaker 20: immediately came out on I yeah, Skygo, which is there 569 00:27:02,760 --> 00:27:03,800 Speaker 20: on demand service. 570 00:27:04,040 --> 00:27:05,120 Speaker 2: Oh, I see what you're saying. 571 00:27:05,160 --> 00:27:09,400 Speaker 20: Sorry, I'm not I can't be bothered typing in numbers 572 00:27:09,440 --> 00:27:10,160 Speaker 20: for channels. 573 00:27:10,160 --> 00:27:12,760 Speaker 2: Oh I see. So you you think typing and sky 574 00:27:12,920 --> 00:27:16,840 Speaker 2: Go or going straight to Skygo and Stanley is easier 575 00:27:16,840 --> 00:27:17,919 Speaker 2: than going one to seven. 576 00:27:18,040 --> 00:27:20,480 Speaker 20: Yeah, you can watch on your phone, watch it on 577 00:27:20,560 --> 00:27:21,160 Speaker 20: your iPad. 578 00:27:21,840 --> 00:27:23,919 Speaker 2: We're seeing we're seeing here this morning the Battle of 579 00:27:23,920 --> 00:27:24,560 Speaker 2: the generations. 580 00:27:24,560 --> 00:27:29,600 Speaker 20: Aren't we so myself in a different generation than you, please. 581 00:27:29,440 --> 00:27:32,000 Speaker 2: Defense's slightly unfortunate part, Mike. Why don't the RB and 582 00:27:32,040 --> 00:27:35,040 Speaker 2: the governess at the OCR rates after the inflation announcements 583 00:27:35,080 --> 00:27:37,760 Speaker 2: make no sense? Well, the reason is the inflation announcement 584 00:27:38,480 --> 00:27:42,800 Speaker 2: is ancient, it's months old, and the RB operate on 585 00:27:42,960 --> 00:27:46,240 Speaker 2: current data, so they set their own agenda. Basically, five 586 00:27:46,240 --> 00:27:47,440 Speaker 2: minutes away from seven. 587 00:27:48,640 --> 00:27:52,679 Speaker 1: The in and the ouse. It's the fizz with business favor. 588 00:27:52,840 --> 00:27:55,439 Speaker 1: Take your business productivity to the next level. 589 00:27:56,560 --> 00:27:59,600 Speaker 2: So working from home forty one percent of us. This 590 00:27:59,680 --> 00:28:01,520 Speaker 2: is a new survey up this morning done by recruiter 591 00:28:01,560 --> 00:28:03,800 Speaker 2: Robert Harf. Forty one percent of as a mandated to 592 00:28:03,800 --> 00:28:05,760 Speaker 2: be in the office five days a week forty one percent. 593 00:28:06,240 --> 00:28:09,120 Speaker 2: More employers want more people back in the office full time, 594 00:28:09,240 --> 00:28:12,719 Speaker 2: so they need to offer flexibility because of their own flexibility. 595 00:28:12,720 --> 00:28:14,280 Speaker 2: The people who don't want to be in the office game, 596 00:28:16,480 --> 00:28:19,760 Speaker 2: then they resign go elsewhere. So forty one percent are 597 00:28:19,800 --> 00:28:22,520 Speaker 2: mandated to be in the office full time fifteen percent, 598 00:28:22,840 --> 00:28:25,200 Speaker 2: four days a week eighteen percent, three days a week, 599 00:28:25,240 --> 00:28:27,360 Speaker 2: eight percent, two days a week, three percent, one day 600 00:28:27,359 --> 00:28:29,680 Speaker 2: a week. About giving you too many numbers, fifteen percent, 601 00:28:29,760 --> 00:28:34,879 Speaker 2: no mandate or completely flexible. Of those mandated, twenty percent 602 00:28:34,960 --> 00:28:39,320 Speaker 2: on average say they're unsatisfying with the amount of time 603 00:28:39,320 --> 00:28:41,640 Speaker 2: that they're expected to be in the office. The most 604 00:28:41,720 --> 00:28:44,000 Speaker 2: unsatisfied group are those who are mandated to be in 605 00:28:44,040 --> 00:28:47,240 Speaker 2: the office four days a week. Thirty three percent are unsatisfied. 606 00:28:49,120 --> 00:28:52,480 Speaker 2: Nineteen percent of people mandated for five and three days 607 00:28:52,520 --> 00:28:57,480 Speaker 2: are unsatisfied. Of those who don't like being at the office, 608 00:28:58,360 --> 00:29:01,440 Speaker 2: fifty two percent say it's because of increased cost you 609 00:29:01,520 --> 00:29:02,600 Speaker 2: got to buy your own lunch. 610 00:29:02,760 --> 00:29:03,000 Speaker 13: Eh. 611 00:29:03,520 --> 00:29:08,000 Speaker 2: Thirty seven percent sir, it increases stress, he e. Thirty 612 00:29:08,040 --> 00:29:10,320 Speaker 2: seven percent struggle with the work life balanced off. 613 00:29:10,360 --> 00:29:12,400 Speaker 20: For God's say, the main reason I don't like it 614 00:29:12,440 --> 00:29:15,000 Speaker 20: is because there's this guy there keeps making these weird noises. 615 00:29:15,680 --> 00:29:18,200 Speaker 2: Yeah, that was the other number in this. Ninety seven 616 00:29:18,240 --> 00:29:20,240 Speaker 2: percent of people hate the people they work with. That's 617 00:29:20,240 --> 00:29:22,600 Speaker 2: what it boils down to. Thank God, that's double glazing 618 00:29:22,640 --> 00:29:24,280 Speaker 2: between you and I at the moment, mate, because I'd 619 00:29:24,320 --> 00:29:25,400 Speaker 2: come through there and smack you. 620 00:29:25,600 --> 00:29:27,800 Speaker 9: Things are tense this morning. It's not even seven o'clock. 621 00:29:28,000 --> 00:29:31,320 Speaker 2: We haven't even begun. Stephen Joyce on what all the 622 00:29:31,400 --> 00:29:33,440 Speaker 2: CPI means and whether we're going to get a cut, 623 00:29:33,440 --> 00:29:36,760 Speaker 2: and how bugger the economy is in general? Amy Shark, 624 00:29:36,840 --> 00:29:39,000 Speaker 2: you know the name Amy Shark. She's been battling away 625 00:29:39,040 --> 00:29:41,160 Speaker 2: for years to be as successful as she is today. 626 00:29:42,040 --> 00:29:43,880 Speaker 2: So she will come in with her guitar and see 627 00:29:43,920 --> 00:29:44,840 Speaker 2: as the song after. 628 00:29:44,640 --> 00:29:49,680 Speaker 1: Eight, the newspeakers and the personalities the big names talk 629 00:29:50,080 --> 00:29:54,720 Speaker 1: to like Costing breakfast with Jaguar, the art of performance 630 00:29:54,840 --> 00:29:55,800 Speaker 1: news tog said. 631 00:29:55,600 --> 00:29:57,520 Speaker 2: Be seven past seven. So what do we make of 632 00:29:57,600 --> 00:30:00,280 Speaker 2: the CPI number, inflation, Whether inflation is now t trending 633 00:30:00,320 --> 00:30:02,640 Speaker 2: towards a level whereby the Reserve Bank might have to 634 00:30:02,800 --> 00:30:04,960 Speaker 2: cut and spark and a little bit of hope, maybe 635 00:30:04,960 --> 00:30:08,040 Speaker 2: some optimism back into the economy. Zero point four percent 636 00:30:08,080 --> 00:30:10,240 Speaker 2: for the three months to June was what we got annualized. 637 00:30:10,240 --> 00:30:12,960 Speaker 2: That's three point three, which was down from four. And 638 00:30:13,000 --> 00:30:14,880 Speaker 2: now the bank's are religned and thinking that the cuts 639 00:30:14,880 --> 00:30:16,880 Speaker 2: are going to come this year, not next form of 640 00:30:16,920 --> 00:30:19,120 Speaker 2: finance Minister Stephen Joyce, is what this very good morning 641 00:30:19,160 --> 00:30:22,000 Speaker 2: to you, by the way, to see more comments which 642 00:30:22,000 --> 00:30:24,440 Speaker 2: I'm sure you're up on. You said yesterday. We need relief. 643 00:30:24,480 --> 00:30:26,400 Speaker 2: It's about time relief and then we get the independence 644 00:30:26,400 --> 00:30:28,560 Speaker 2: of the Reserve Bank, etcetera. Is that politics or is 645 00:30:28,600 --> 00:30:31,920 Speaker 2: that good sound the economic advice? Do you reckon well? 646 00:30:31,960 --> 00:30:33,880 Speaker 14: I think in this case probably a little bit of both. 647 00:30:35,280 --> 00:30:38,120 Speaker 14: I think we do need relief. I think the Reserve 648 00:30:38,200 --> 00:30:41,440 Speaker 14: Bank won't give the business sector as much as at 649 00:30:41,520 --> 00:30:45,840 Speaker 14: once and believes it needs, but it will start moving fairly. So. 650 00:30:46,000 --> 00:30:48,240 Speaker 2: I think the non tradable at fire point four it's 651 00:30:48,240 --> 00:30:50,040 Speaker 2: still stuck as a stuck thing, despite the fact that 652 00:30:50,120 --> 00:30:52,840 Speaker 2: came down from fire point eight. How much can they 653 00:30:53,520 --> 00:30:57,160 Speaker 2: look through or see through this stuff versus it being 654 00:30:57,200 --> 00:30:58,080 Speaker 2: a real problem. 655 00:30:59,680 --> 00:31:02,400 Speaker 14: It is the most important problem, if you like, if 656 00:31:02,440 --> 00:31:05,120 Speaker 14: you look across the data is a non tradable, nice 657 00:31:05,120 --> 00:31:06,880 Speaker 14: sort of goes straight to that and see, okay, what 658 00:31:06,960 --> 00:31:09,040 Speaker 14: are we doing? It was point nine for the quarter, 659 00:31:09,600 --> 00:31:13,479 Speaker 14: still a bit high, but trending in the right direction. 660 00:31:13,640 --> 00:31:16,960 Speaker 14: And I understand it was a change in approach to 661 00:31:17,040 --> 00:31:19,920 Speaker 14: something like road user charges or something which made it 662 00:31:20,000 --> 00:31:23,680 Speaker 14: a bit noisier then than otherwise would have been according 663 00:31:23,680 --> 00:31:28,640 Speaker 14: to the A and Z. Anyway, so it's probably it's 664 00:31:28,680 --> 00:31:32,480 Speaker 14: definitely trending down. Is it down far enough? This is 665 00:31:32,520 --> 00:31:35,880 Speaker 14: where I think the bank needs to look beyond the 666 00:31:35,960 --> 00:31:38,560 Speaker 14: beyond the data and actually take a very close look 667 00:31:38,560 --> 00:31:41,040 Speaker 14: at what's happening around particularly regional New Zealand, but also 668 00:31:41,040 --> 00:31:44,680 Speaker 14: in Auckland. And I think there's a real risk of overshooting. 669 00:31:45,000 --> 00:31:49,320 Speaker 14: I think they know that. But you know, the question 670 00:31:49,360 --> 00:31:51,800 Speaker 14: we're now talking about is do we get one cut 671 00:31:51,920 --> 00:31:55,960 Speaker 14: in September OCTOVID November? Probably? 672 00:31:56,000 --> 00:31:56,120 Speaker 12: Well? 673 00:31:56,240 --> 00:31:59,080 Speaker 2: Okay, So it's interesting to hear because the other day 674 00:31:59,160 --> 00:32:01,200 Speaker 2: was key when they you know, all of a sudden 675 00:32:01,240 --> 00:32:03,280 Speaker 2: they changed tack, didn't they. So that was that the 676 00:32:03,280 --> 00:32:04,800 Speaker 2: moment you think they got it? 677 00:32:06,000 --> 00:32:09,040 Speaker 14: Yeah, I think they now do get it. I mean, look, 678 00:32:09,160 --> 00:32:14,040 Speaker 14: they'll be worried, sure of going too soon and unleashing 679 00:32:14,080 --> 00:32:17,840 Speaker 14: animal spirits in the housing market, for example, but it 680 00:32:17,880 --> 00:32:19,520 Speaker 14: doesn't seem to be much in the way of animal 681 00:32:19,560 --> 00:32:21,480 Speaker 14: spirits in the housing market at the moment. And I 682 00:32:21,520 --> 00:32:26,160 Speaker 14: think what will probably happen is you'll get one cut earlier, 683 00:32:27,000 --> 00:32:29,680 Speaker 14: maybe than we were expecting up until yesterday, and then 684 00:32:29,720 --> 00:32:33,160 Speaker 14: I suspect they might hold again to see the next 685 00:32:33,240 --> 00:32:36,520 Speaker 14: round of data because the next round of data comes 686 00:32:36,560 --> 00:32:41,400 Speaker 14: in what late October? Does that go against unless something 687 00:32:41,440 --> 00:32:42,320 Speaker 14: else happens, right? 688 00:32:42,640 --> 00:32:44,800 Speaker 2: Does that they go against orthodoxy in the sense that 689 00:32:44,840 --> 00:32:47,400 Speaker 2: you don't cut once in hold, you cut, and then 690 00:32:47,440 --> 00:32:49,760 Speaker 2: you cut because you're confident you've done your job. 691 00:32:51,120 --> 00:32:55,440 Speaker 14: Well, yeah, ideally, that's that's the textbook, but this is 692 00:32:55,480 --> 00:32:58,400 Speaker 14: still you know, My point is that's still on a 693 00:32:58,440 --> 00:33:02,080 Speaker 14: night edge, right, So they know they see all the 694 00:33:02,160 --> 00:33:05,320 Speaker 14: data and it's just just about there, and then they 695 00:33:05,320 --> 00:33:08,640 Speaker 14: look the other side and they look at the real economy, 696 00:33:08,760 --> 00:33:11,320 Speaker 14: and the real economy is really struggling, and it's the 697 00:33:11,360 --> 00:33:14,680 Speaker 14: real risk that they overshoot. So that's why I think 698 00:33:14,680 --> 00:33:16,760 Speaker 14: they might do something. I mean, what do I know, 699 00:33:16,920 --> 00:33:20,040 Speaker 14: But I think they might do start and then and 700 00:33:20,080 --> 00:33:22,320 Speaker 14: then hold them because it suits the cycle as well, 701 00:33:22,360 --> 00:33:27,200 Speaker 14: because they they have they don't come back and yeah 702 00:33:27,240 --> 00:33:29,560 Speaker 14: when the data and the data isn't available to the 703 00:33:29,640 --> 00:33:30,920 Speaker 14: end of octabers, so what do they do to their 704 00:33:30,960 --> 00:33:32,760 Speaker 14: way to the end of October and then do something 705 00:33:32,800 --> 00:33:36,280 Speaker 14: in November, which means they're effectively doing one and holding anyway. 706 00:33:36,840 --> 00:33:39,800 Speaker 14: So I suspect we're now debating a first cut in 707 00:33:39,840 --> 00:33:42,000 Speaker 14: October November. I don't think we'll see a point five 708 00:33:42,040 --> 00:33:46,760 Speaker 14: this year, that's my view. But what we'll do is 709 00:33:46,760 --> 00:33:48,640 Speaker 14: get a downward track. It won't be enough on its own, 710 00:33:48,640 --> 00:33:51,040 Speaker 14: but it might give some people some hope, as it should, 711 00:33:51,840 --> 00:33:53,720 Speaker 14: but we're also the other thing to watch MIC is 712 00:33:53,760 --> 00:33:55,520 Speaker 14: what's happening and the rest of the economy, and I 713 00:33:55,560 --> 00:33:57,800 Speaker 14: think people want to keep a COSI on things like 714 00:33:57,840 --> 00:34:00,400 Speaker 14: the global dairy auction, for example, which is now down 715 00:34:00,760 --> 00:34:05,240 Speaker 14: three times. They'll be watching that closely because that if 716 00:34:05,280 --> 00:34:08,000 Speaker 14: that keeps dropping, then they might feel the need to 717 00:34:08,719 --> 00:34:11,399 Speaker 14: go a little bit further sooner. Because it's no doubt 718 00:34:11,440 --> 00:34:15,160 Speaker 14: about it that the rural economy is in pretty tough 719 00:34:15,200 --> 00:34:16,880 Speaker 14: shape and the only thing that's keeping it going at 720 00:34:16,920 --> 00:34:19,880 Speaker 14: the moment is dairy prices. So you don't want to 721 00:34:20,080 --> 00:34:23,280 Speaker 14: see that fall over and then you're too late cutting exactly. 722 00:34:23,360 --> 00:34:26,560 Speaker 2: Appreciate your expertise, Stephen Joyce, former Finance Minister, and answer 723 00:34:26,600 --> 00:34:28,040 Speaker 2: to the question what does he know? The answers he 724 00:34:28,080 --> 00:34:29,440 Speaker 2: knows a lot and that's why to keep getting him 725 00:34:29,440 --> 00:34:32,399 Speaker 2: on the program. Eleven past seven and while we wait 726 00:34:32,440 --> 00:34:34,719 Speaker 2: paradream to work out what is next and when David 727 00:34:34,760 --> 00:34:36,640 Speaker 2: Seymore was wasting no time and his role is acting 728 00:34:36,680 --> 00:34:38,680 Speaker 2: Prime Minister this week to tell us that budget twenty 729 00:34:38,760 --> 00:34:42,040 Speaker 2: twenty five is well underway, despite the fact we've only 730 00:34:42,080 --> 00:34:44,440 Speaker 2: just got past twenty twenty four couple of weeks back, 731 00:34:44,480 --> 00:34:46,839 Speaker 2: David Seamore's with us Morning Morning Mate. The fact you're 732 00:34:46,840 --> 00:34:49,080 Speaker 2: working on next year's budget having just got past this 733 00:34:49,200 --> 00:34:51,560 Speaker 2: year's budget. Is this part of the reminder that this 734 00:34:51,640 --> 00:34:53,800 Speaker 2: year it wasn't a one off in terms of savings 735 00:34:53,800 --> 00:34:56,240 Speaker 2: and cuts and there's more where that came from. 736 00:34:56,640 --> 00:34:59,359 Speaker 21: Yeah, I've heard Nicholo Willis's say something like you're not 737 00:34:59,400 --> 00:35:02,600 Speaker 21: going to fix six years of trouble in one budget. 738 00:35:02,920 --> 00:35:05,400 Speaker 21: And if you just look at the basic numbers, the 739 00:35:05,440 --> 00:35:09,399 Speaker 21: government spending about one hundred and forty billion, we've said 740 00:35:09,440 --> 00:35:12,960 Speaker 21: that we're committed to only increasing by two point four 741 00:35:13,000 --> 00:35:16,640 Speaker 21: billion a year. Now, that's about one point seven percent. 742 00:35:17,360 --> 00:35:20,479 Speaker 21: You're going to see infation that you probably about two 743 00:35:20,600 --> 00:35:24,400 Speaker 21: in the long term. Then if you get population growth 744 00:35:24,400 --> 00:35:27,600 Speaker 21: of nearly two percent like we've had recently, well that's 745 00:35:27,600 --> 00:35:31,080 Speaker 21: a four percent increase to stay stay still. But we're 746 00:35:31,120 --> 00:35:34,799 Speaker 21: only allowing one point seven So already you've got to 747 00:35:34,800 --> 00:35:39,080 Speaker 21: get a couple of percent efficiency each year, and a 748 00:35:39,120 --> 00:35:42,040 Speaker 21: couple of percent means that you've got to find three 749 00:35:42,120 --> 00:35:45,680 Speaker 21: billion of savings each year just to stand still. But 750 00:35:45,840 --> 00:35:49,479 Speaker 21: in reality, we know that surprises come along. Who knows 751 00:35:49,719 --> 00:35:52,440 Speaker 21: our allies seem to want us to spend more on defense. 752 00:35:52,480 --> 00:35:55,839 Speaker 21: For example, I personally think we should, and who knows 753 00:35:55,880 --> 00:35:58,480 Speaker 21: what other pressures will come across, But just as a 754 00:35:58,520 --> 00:36:01,239 Speaker 21: starting point, you've got to save several billion a year 755 00:36:01,440 --> 00:36:02,960 Speaker 21: just to keep doing what you're doing. 756 00:36:03,040 --> 00:36:05,399 Speaker 2: So you're saying, you're your quoted are saying we will 757 00:36:05,400 --> 00:36:08,600 Speaker 2: see better savings. Is that better or bigger? And how 758 00:36:08,680 --> 00:36:10,960 Speaker 2: much bigger do they get before people go to tell 759 00:36:11,000 --> 00:36:13,120 Speaker 2: you what this is too far, too much and that 760 00:36:13,160 --> 00:36:14,040 Speaker 2: becomes political. 761 00:36:15,400 --> 00:36:18,560 Speaker 21: Well, just put it in a bit of context. Grant Robertson, 762 00:36:18,680 --> 00:36:21,960 Speaker 21: who doesn't exactly have a reputation for being a big saver, 763 00:36:23,120 --> 00:36:27,200 Speaker 21: he keeps government spending at about twenty eight to twenty 764 00:36:27,280 --> 00:36:33,160 Speaker 21: nine percent of GDP pre COVID. We're now thirty two 765 00:36:33,320 --> 00:36:36,360 Speaker 21: thirty three, aiming to get down to thirty one in 766 00:36:36,400 --> 00:36:40,600 Speaker 21: the next few years. So on our current trajectory, we're 767 00:36:40,640 --> 00:36:45,160 Speaker 21: still going to be bigger spenders than pre COVID. Robertson, 768 00:36:45,600 --> 00:36:48,480 Speaker 21: I'd certainly like to be ambitious to say, look, maybe 769 00:36:48,520 --> 00:36:51,800 Speaker 21: we can actually save a bit more and get a 770 00:36:51,880 --> 00:36:56,360 Speaker 21: bit closer to that standard that's going to mean, instead 771 00:36:56,360 --> 00:36:59,080 Speaker 21: of just saying, look, we're going to take a haircut 772 00:36:59,080 --> 00:37:02,440 Speaker 21: of six or seven the center of every department. You know, 773 00:37:02,520 --> 00:37:06,279 Speaker 21: let's do some deep dives and start asking, well, how 774 00:37:06,320 --> 00:37:07,800 Speaker 21: can we actually go back. 775 00:37:07,680 --> 00:37:08,640 Speaker 14: To first principles? 776 00:37:08,680 --> 00:37:11,960 Speaker 21: If we weren't already doing this, would we start today 777 00:37:12,000 --> 00:37:14,160 Speaker 21: and what would be the basis for that? But as 778 00:37:14,200 --> 00:37:16,360 Speaker 21: I said yesterday, all of this is kind of you know, 779 00:37:16,400 --> 00:37:19,640 Speaker 21: we've just started the twenty five budget with a few 780 00:37:19,680 --> 00:37:22,839 Speaker 21: preliminary meetings and you know, all of that's still up 781 00:37:22,880 --> 00:37:25,080 Speaker 21: in the year. None of it's none of it's certain 782 00:37:25,120 --> 00:37:25,600 Speaker 21: at this point. 783 00:37:25,600 --> 00:37:28,520 Speaker 2: All right, appreciate time. Acting Prime Minister David Seymour. This morning, 784 00:37:28,560 --> 00:37:31,520 Speaker 2: fourteen past seven, Paski quin in the National Convention. Both 785 00:37:31,560 --> 00:37:33,640 Speaker 2: parties are the one for the Republicans at the moment 786 00:37:33,680 --> 00:37:36,400 Speaker 2: of Milwaukee is that it culminates in our time. It 787 00:37:36,440 --> 00:37:40,560 Speaker 2: will be tomorrow afternoon Thursday nights in Milwaukee where the 788 00:37:40,560 --> 00:37:44,000 Speaker 2: President will accept the nomination or the president candidate or 789 00:37:44,040 --> 00:37:47,080 Speaker 2: the presidential candidate will accept the nomination and they will 790 00:37:47,080 --> 00:37:49,520 Speaker 2: speak for the first time and everyone will go nuts 791 00:37:49,560 --> 00:37:51,719 Speaker 2: and have a great party over the weekend. So jd 792 00:37:51,960 --> 00:37:54,080 Speaker 2: Vance is the lead up to that. So this afternoon, 793 00:37:54,120 --> 00:37:56,200 Speaker 2: our time, he's supposed to be speaking for the first time, 794 00:37:56,600 --> 00:38:00,320 Speaker 2: except he's speaking now, so why on earth would you 795 00:38:00,320 --> 00:38:01,880 Speaker 2: look to upstage yourself first? 796 00:38:02,120 --> 00:38:05,080 Speaker 22: What I'll do after my remarks actually is try to 797 00:38:05,120 --> 00:38:07,000 Speaker 22: take some photos and hang out if you've got anything 798 00:38:06,960 --> 00:38:09,160 Speaker 22: you want me to sign. You guys are going to 799 00:38:09,200 --> 00:38:11,279 Speaker 22: hear me speak tonight for a much longer time than 800 00:38:11,320 --> 00:38:13,239 Speaker 22: you're going to hear me speak today, and I'd like 801 00:38:13,280 --> 00:38:14,960 Speaker 22: to get and actually visit with you a little bit, 802 00:38:15,040 --> 00:38:18,160 Speaker 22: so hopefully you're ready, because I'd love to just talk 803 00:38:18,200 --> 00:38:21,160 Speaker 22: with people and answer some questions and take some photos. 804 00:38:21,640 --> 00:38:24,280 Speaker 2: So he wants to take some photos and selfie selfie 805 00:38:24,320 --> 00:38:27,480 Speaker 2: time preview himself for tonight's speech. Go figure fifteen past 806 00:38:27,520 --> 00:38:31,680 Speaker 2: seven the mic hosting racist once again, the power markets mess. 807 00:38:31,680 --> 00:38:33,600 Speaker 2: We'll talk more about it in about fifteen minutes. Eighteen 808 00:38:33,600 --> 00:38:36,520 Speaker 2: past seventeen. Councils across Wellington and the wire Rapper want 809 00:38:36,520 --> 00:38:39,040 Speaker 2: more time to consider water reform plans. They currently have 810 00:38:39,080 --> 00:38:41,440 Speaker 2: a year to develop an adopt mechanism, so the medias 811 00:38:41,440 --> 00:38:44,480 Speaker 2: have done the collective letter thing asking for an extension. Now, 812 00:38:44,480 --> 00:38:46,239 Speaker 2: the chair of the advice we got overside group name 813 00:38:46,360 --> 00:38:49,960 Speaker 2: Kerry prindergasts with us on this. Kerrie morning, good morning, 814 00:38:50,040 --> 00:38:52,120 Speaker 2: Nice to talk to you and you too. Water reform 815 00:38:52,120 --> 00:38:53,879 Speaker 2: has been on the agenda for years and years and years. 816 00:38:53,880 --> 00:38:55,160 Speaker 2: Why do you need even more time? 817 00:38:56,320 --> 00:39:00,919 Speaker 12: Well, because there is new legislation being promulgated. We've put 818 00:39:00,920 --> 00:39:03,680 Speaker 12: a submission in. The reality is we have a year 819 00:39:03,760 --> 00:39:07,320 Speaker 12: from when it gets concerned and trying to get ten 820 00:39:07,480 --> 00:39:11,400 Speaker 12: councils first of all to agree on a financially sustainable 821 00:39:11,440 --> 00:39:14,359 Speaker 12: water program. But then they have to talk to their 822 00:39:14,440 --> 00:39:17,960 Speaker 12: elected officials. Then we have to consult with the communities, 823 00:39:18,239 --> 00:39:20,320 Speaker 12: and then we have to come up with a package 824 00:39:20,520 --> 00:39:22,200 Speaker 12: that is going to take longer than a year. 825 00:39:22,360 --> 00:39:23,279 Speaker 23: Would you ask them? 826 00:39:23,280 --> 00:39:24,680 Speaker 24: Could that make it two years? 827 00:39:24,920 --> 00:39:27,879 Speaker 2: Okay? Would you reckon? Other councils will be going here 828 00:39:27,960 --> 00:39:30,640 Speaker 2: here we agree, Or you're some sort of outlier with 829 00:39:30,719 --> 00:39:32,520 Speaker 2: your group of ten and you can't quite get your 830 00:39:32,560 --> 00:39:33,040 Speaker 2: act together. 831 00:39:34,280 --> 00:39:36,799 Speaker 12: Oh no, I think we're probably first cab off the rank. 832 00:39:37,440 --> 00:39:40,040 Speaker 12: The reality is the government did a deal with Auckland. 833 00:39:40,600 --> 00:39:42,920 Speaker 12: Where as far as we know, we're far more advanced 834 00:39:42,920 --> 00:39:45,839 Speaker 12: than any other groups of councilors on the work we're doing, 835 00:39:46,280 --> 00:39:48,440 Speaker 12: and I think they'll all be agreeing with us. 836 00:39:48,520 --> 00:39:49,399 Speaker 16: They need more time. 837 00:39:49,640 --> 00:39:52,439 Speaker 2: The ten you're talking or representing. Is that a deal 838 00:39:52,480 --> 00:39:54,440 Speaker 2: you're going to look to put together as a group 839 00:39:54,520 --> 00:39:56,239 Speaker 2: of ten or you just happen to be ten in 840 00:39:56,640 --> 00:39:57,080 Speaker 2: the region. 841 00:39:58,480 --> 00:40:00,880 Speaker 12: Now at the moment we're ten. When in the region 842 00:40:01,200 --> 00:40:03,680 Speaker 12: we also have Horror foran Noah being part of us, 843 00:40:04,120 --> 00:40:08,160 Speaker 12: so that mags up the ten so cavity down through 844 00:40:08,200 --> 00:40:11,720 Speaker 12: and up, but all of the wire wrapper Greater Wellington 845 00:40:11,760 --> 00:40:13,520 Speaker 12: Regional Council and Horror for Noa. 846 00:40:13,600 --> 00:40:14,200 Speaker 16: That's ten. 847 00:40:14,680 --> 00:40:16,080 Speaker 24: That's a lot. 848 00:40:15,960 --> 00:40:19,000 Speaker 12: Of people, more than half a million. It's a lot 849 00:40:19,120 --> 00:40:23,680 Speaker 12: of water reform for stormwater, water and sewage, so it 850 00:40:23,800 --> 00:40:27,120 Speaker 12: is a big package. We hope to hold the ten together. 851 00:40:27,719 --> 00:40:30,480 Speaker 12: Two groups are saying, well, we'll work with you up 852 00:40:30,520 --> 00:40:33,440 Speaker 12: a certain point and if the numbers look too scary, 853 00:40:33,480 --> 00:40:36,080 Speaker 12: we might go with someone else. The reality is we 854 00:40:36,280 --> 00:40:38,520 Speaker 12: all have to do something and the government's made it 855 00:40:38,600 --> 00:40:41,279 Speaker 12: very clear if we don't come up with a financially 856 00:40:41,320 --> 00:40:45,680 Speaker 12: sustainable package that our community can afford, they'll do it 857 00:40:45,680 --> 00:40:46,120 Speaker 12: to us. 858 00:40:46,480 --> 00:40:46,960 Speaker 7: So there is. 859 00:40:47,080 --> 00:40:50,359 Speaker 12: Momentum as a local body election next year. And of 860 00:40:50,360 --> 00:40:52,480 Speaker 12: course the other thing that we've asked for is not 861 00:40:52,640 --> 00:40:56,359 Speaker 12: just the extension of time to put together the package, 862 00:40:56,560 --> 00:40:59,920 Speaker 12: but more time to implement it. The government suggesting we 863 00:41:00,080 --> 00:41:02,040 Speaker 12: have to do it within ten years. The numbers are 864 00:41:02,040 --> 00:41:05,160 Speaker 12: too big for our communities to afford over ten years. 865 00:41:05,200 --> 00:41:07,239 Speaker 2: See what the government says upon receipt of the letter. 866 00:41:07,360 --> 00:41:09,279 Speaker 2: Good to catch up. Don't Kerry Printer gast with us 867 00:41:09,320 --> 00:41:12,040 Speaker 2: this morning, Mike. The non tradable inflation is the number. 868 00:41:12,040 --> 00:41:15,480 Speaker 2: That's the incompetence number. I eat the councils. I've got 869 00:41:15,480 --> 00:41:17,640 Speaker 2: my own council story. I don't know whether I want 870 00:41:17,680 --> 00:41:19,080 Speaker 2: to bore you with it, but I may or may 871 00:41:19,080 --> 00:41:21,960 Speaker 2: not in the next half hour seven twenty one. My 872 00:41:22,120 --> 00:41:24,560 Speaker 2: cost will breakfast Amy Shark in for a song and 873 00:41:24,600 --> 00:41:26,600 Speaker 2: a chat after eight o'clock this morning meantime at seven 874 00:41:26,640 --> 00:41:32,040 Speaker 2: twenty three. Executive Summary. The executive summary changes little of anything. Firstly, 875 00:41:32,520 --> 00:41:34,400 Speaker 2: it is not the full report. We paid for the 876 00:41:34,400 --> 00:41:36,840 Speaker 2: full report. The full report is about being transparent. The 877 00:41:36,880 --> 00:41:39,960 Speaker 2: Greens can't claim transparency and honesty when they played dumb 878 00:41:40,040 --> 00:41:41,960 Speaker 2: games like the ones they are at the moment. Secondly, 879 00:41:42,280 --> 00:41:44,719 Speaker 2: it sort of doesn't matter. It says what it is 880 00:41:44,800 --> 00:41:47,080 Speaker 2: claimed it says, and so in that sense it's not 881 00:41:47,080 --> 00:41:49,840 Speaker 2: really the story anymore. The original story was whether Darlene 882 00:41:49,920 --> 00:41:53,240 Speaker 2: Tana was not what she claimed to be. The report 883 00:41:53,280 --> 00:41:56,040 Speaker 2: answered that seeing the written evidence, as we can now 884 00:41:56,080 --> 00:41:58,880 Speaker 2: apparently doesn't change the crime, does it, even though Tanna 885 00:41:58,920 --> 00:42:01,120 Speaker 2: disputes bits of it. Sadly, her foray into the public 886 00:42:01,160 --> 00:42:03,360 Speaker 2: are light this week on the Telly has not served 887 00:42:03,360 --> 00:42:05,960 Speaker 2: her remotely well. She, as far as I could hear, 888 00:42:06,440 --> 00:42:09,640 Speaker 2: basically babbled and blustered and made literally no sense whatsoever, 889 00:42:09,960 --> 00:42:12,280 Speaker 2: leaving me with the impression she must be a nightmare 890 00:42:12,280 --> 00:42:13,919 Speaker 2: to deal with at the best of times, and God 891 00:42:14,000 --> 00:42:16,000 Speaker 2: knows what it's like to buy a bike from him. Anyway, 892 00:42:16,160 --> 00:42:18,480 Speaker 2: This is the point either. The point is she's an 893 00:42:18,480 --> 00:42:22,120 Speaker 2: interloper who may well have the brass neck to try 894 00:42:22,160 --> 00:42:23,960 Speaker 2: it on and turn up at Parliament next week and 895 00:42:24,000 --> 00:42:27,359 Speaker 2: tough it out. Which is the real story. What did 896 00:42:27,360 --> 00:42:29,279 Speaker 2: the Greens do? And given the answer to this point 897 00:42:29,360 --> 00:42:32,400 Speaker 2: is nothing, they are the real criminals are pleading and 898 00:42:32,480 --> 00:42:35,480 Speaker 2: asking her to quit hasn't worked, isn't working, probably won't work. 899 00:42:35,800 --> 00:42:39,160 Speaker 2: But think about this. Is it a tactic? Is it 900 00:42:39,200 --> 00:42:42,080 Speaker 2: a tactic that gets them out of actually doing anything? 901 00:42:42,480 --> 00:42:45,680 Speaker 2: Is this for both parties a cake and eat it scenario? 902 00:42:46,120 --> 00:42:48,680 Speaker 2: Tana hangs in there until we all get bored, so 903 00:42:48,800 --> 00:42:50,319 Speaker 2: she's on the pigs back for the rest of the term, 904 00:42:50,320 --> 00:42:53,200 Speaker 2: accountable to no one. The Greens huff and puff do nothing, 905 00:42:53,280 --> 00:42:55,439 Speaker 2: hoping we also forget. But if and when we don't, 906 00:42:55,600 --> 00:42:58,799 Speaker 2: they can huff and puff some more, saying exasperatedly, who 907 00:42:58,880 --> 00:43:01,600 Speaker 2: we asked to resign? But she wouldn't. The Walker laws, 908 00:43:01,600 --> 00:43:04,000 Speaker 2: of course solve all of this, but they're so hoisted 909 00:43:04,040 --> 00:43:06,319 Speaker 2: by their myopic thinking on it they don't want to 910 00:43:06,320 --> 00:43:09,120 Speaker 2: embarrass themselves any further, even though it is the right 911 00:43:09,320 --> 00:43:12,560 Speaker 2: thing to do. They're also not off the hook on 912 00:43:12,600 --> 00:43:16,280 Speaker 2: the candidate selection Having a one stop are you a nutter? 913 00:43:16,400 --> 00:43:19,800 Speaker 2: Will you embarrass? His clause is not enough to safeguard yourself, 914 00:43:20,000 --> 00:43:23,160 Speaker 2: as we've seen time and time again with this lot, 915 00:43:23,440 --> 00:43:26,439 Speaker 2: they actually have to, oh, I don't know, dig ask 916 00:43:26,480 --> 00:43:29,319 Speaker 2: a few questions. So if Tana's skin is thick enough, 917 00:43:29,400 --> 00:43:31,799 Speaker 2: she collects the money, passes go and laughs at us 918 00:43:32,080 --> 00:43:35,279 Speaker 2: and the Greens well, surely if this is them at 919 00:43:35,320 --> 00:43:39,439 Speaker 2: their most decisive, Chloe's dream of overtaking Labor is about 920 00:43:39,440 --> 00:43:43,719 Speaker 2: as well thought through as their candidate selection process. Asking 921 00:43:43,920 --> 00:43:47,000 Speaker 2: coll for you, Mike, actually I'll do this one first. 922 00:43:47,040 --> 00:43:50,360 Speaker 2: I'm intrigued about darling Tana possibly going to the Maori Party. 923 00:43:50,680 --> 00:43:52,880 Speaker 2: Do they not have vetting standards? Do they do you 924 00:43:53,080 --> 00:43:55,520 Speaker 2: just have to be Maori and you welcome with open arms. Well, 925 00:43:55,560 --> 00:43:57,799 Speaker 2: I suspect the answer that is yes. But let's see one, 926 00:43:58,080 --> 00:44:01,680 Speaker 2: does she stal or does she go in parliament? Two 927 00:44:01,800 --> 00:44:03,960 Speaker 2: if she stays as she independent or goes to the 928 00:44:04,000 --> 00:44:06,280 Speaker 2: Marray Party, and some of those questions will then be answered. 929 00:44:06,640 --> 00:44:08,759 Speaker 2: Cee and in just moments ago claiming they've got the 930 00:44:08,760 --> 00:44:10,560 Speaker 2: first poll, we had another one. We had a morning 931 00:44:10,600 --> 00:44:14,040 Speaker 2: Console poll out post assassination. This is a Routters Zipsos 932 00:44:14,080 --> 00:44:16,560 Speaker 2: poll out this morning, once again national and really things 933 00:44:16,600 --> 00:44:19,719 Speaker 2: haven't moved. Pre debate, Trump with two plus points up. 934 00:44:20,239 --> 00:44:23,080 Speaker 2: Post debate he was tied, which is remarkable. So what 935 00:44:23,080 --> 00:44:25,160 Speaker 2: that poll is suggesting is post the debate, you saw 936 00:44:25,200 --> 00:44:27,720 Speaker 2: the debate, you saw Biden freeze, but suddenly, like Biden 937 00:44:27,760 --> 00:44:31,359 Speaker 2: more so, the gap closes. Explain that you can't. Now 938 00:44:31,440 --> 00:44:34,120 Speaker 2: for Monday and Tuesday, the polling has Trump plus two. 939 00:44:34,320 --> 00:44:36,719 Speaker 2: The really important polling I am led to believe, and 940 00:44:36,800 --> 00:44:39,360 Speaker 2: this is democratic funded polling. And this is where this 941 00:44:39,520 --> 00:44:42,440 Speaker 2: letter that I told you about earlier on came from. 942 00:44:42,480 --> 00:44:45,600 Speaker 2: In the states that count these swing statue, Wisconsin's of 943 00:44:45,680 --> 00:44:50,399 Speaker 2: Pennsylvania's Trump is winning out by a mile. And that's 944 00:44:50,440 --> 00:44:53,240 Speaker 2: what they're really starting to freak out about power bills. 945 00:44:53,320 --> 00:44:56,640 Speaker 2: We're into those well electric key. We are no longer 946 00:44:56,719 --> 00:44:59,640 Speaker 2: taking new customers. The reason they're doing that is because 947 00:44:59,680 --> 00:45:01,880 Speaker 2: they are you, the marketers. We'll have a look at 948 00:45:01,880 --> 00:45:03,240 Speaker 2: this and get your details in a moment. 949 00:45:05,160 --> 00:45:09,040 Speaker 1: The Breakfast Show you can trust the Mic Hosking Breakfast 950 00:45:09,360 --> 00:45:12,920 Speaker 1: with Bailey's real Estate doing real estate differently since nineteen 951 00:45:13,080 --> 00:45:15,400 Speaker 1: seventy three used TOGSDB should give you. 952 00:45:15,400 --> 00:45:18,560 Speaker 2: The read after the announcement yesterday on inflationist what the 953 00:45:18,600 --> 00:45:21,560 Speaker 2: banks think the Reserve Bank will do and it's all 954 00:45:21,640 --> 00:45:24,200 Speaker 2: been shifted. Of course, Quibank ASB are the most bullish. 955 00:45:24,440 --> 00:45:25,920 Speaker 2: I think I'm right and saying A and Z are 956 00:45:25,920 --> 00:45:28,719 Speaker 2: the only ones who've actually moved on their interest rates 957 00:45:29,120 --> 00:45:31,600 Speaker 2: because they've got the lowest number in the among the 958 00:45:31,640 --> 00:45:34,239 Speaker 2: majors in the one year eighty month to year three 959 00:45:34,320 --> 00:45:37,040 Speaker 2: year and floating at the moment. But I don't think 960 00:45:37,080 --> 00:45:40,040 Speaker 2: the others have moved since yesterday anyway, Kiwibank, I think 961 00:45:40,080 --> 00:45:43,600 Speaker 2: the cuts are coming by Christmas or earlier. If data 962 00:45:43,680 --> 00:45:46,880 Speaker 2: continued to show calling A and Z. They're going to 963 00:45:46,920 --> 00:45:50,480 Speaker 2: pull for their expectation. They think now November it was February. 964 00:45:50,600 --> 00:45:54,880 Speaker 2: Westpac sticking to November asb the most bullish or aggressive 965 00:45:54,880 --> 00:45:57,879 Speaker 2: if you like. They think twenty five points November would 966 00:45:57,920 --> 00:46:02,040 Speaker 2: be the quote unquote bare minimum. All the remaining OCR 967 00:46:02,120 --> 00:46:05,600 Speaker 2: decisions of the twenty four period are effectively live. So 968 00:46:05,680 --> 00:46:09,000 Speaker 2: they're talking August and cut could come as soon as 969 00:46:09,120 --> 00:46:11,959 Speaker 2: next month. I don't think that will happen, but that's 970 00:46:11,960 --> 00:46:14,000 Speaker 2: what they're saying. So we watch them wait twenty two 971 00:46:14,040 --> 00:46:20,000 Speaker 2: to way. What do you bring in? Do we know 972 00:46:20,280 --> 00:46:21,240 Speaker 2: by wave and inst. 973 00:46:21,440 --> 00:46:22,480 Speaker 9: The rumor is a guitar? 974 00:46:23,160 --> 00:46:25,880 Speaker 2: I like a guitar. What if she brings in a 975 00:46:25,880 --> 00:46:28,080 Speaker 2: three piece? Plean, You've got to plug it all in joy, 976 00:46:30,080 --> 00:46:32,160 Speaker 2: They're going to do your headed. The number of artists, 977 00:46:32,160 --> 00:46:33,239 Speaker 2: it will all be in the book one day, The 978 00:46:33,280 --> 00:46:34,759 Speaker 2: number of artists who have turned up at five to 979 00:46:34,800 --> 00:46:36,759 Speaker 2: eight and gone. I've just got a trombone and a 980 00:46:36,840 --> 00:46:38,840 Speaker 2: drum set and a keyboard and if you could just 981 00:46:38,840 --> 00:46:40,840 Speaker 2: sort that out in three and a half minutes in a. 982 00:46:40,840 --> 00:46:43,799 Speaker 20: Double bass double bass here, we'll just get in there 983 00:46:43,800 --> 00:46:45,120 Speaker 20: and no worries. 984 00:46:45,239 --> 00:46:47,359 Speaker 2: So Amy Shark if she just brings in a guitar 985 00:46:47,440 --> 00:46:49,719 Speaker 2: as premise she'll be invited back. Others have never come 986 00:46:49,760 --> 00:46:52,440 Speaker 2: back again, never been seen from heard from. Here's a 987 00:46:52,480 --> 00:46:54,919 Speaker 2: sign where the power market's at electric key. We've closing 988 00:46:54,960 --> 00:46:57,520 Speaker 2: their books to new customers right and near the electricity wall. 989 00:46:57,520 --> 00:47:00,160 Speaker 2: They blame the electricity authority in the Comments Commission for 990 00:47:00,239 --> 00:47:03,800 Speaker 2: allowing what they call market failure. The wholesale price is 991 00:47:03,840 --> 00:47:06,400 Speaker 2: to blame the chief executive Blinko is with us on this. 992 00:47:06,480 --> 00:47:07,600 Speaker 2: Look very good morning to you. 993 00:47:08,480 --> 00:47:09,120 Speaker 23: Good morning, Mike. 994 00:47:09,320 --> 00:47:11,840 Speaker 2: We have been here before. Will we be here again? 995 00:47:13,040 --> 00:47:15,760 Speaker 25: Well, you'd like to think not, but it would appear 996 00:47:16,000 --> 00:47:21,160 Speaker 25: based on the regulatory failure that has continued probably for 997 00:47:21,200 --> 00:47:25,200 Speaker 25: the last ten years at least, hard to see it 998 00:47:25,320 --> 00:47:28,400 Speaker 25: getting better without some real urgency around intervention. 999 00:47:28,680 --> 00:47:30,640 Speaker 2: If I ring the Commerce Commission right now and so 1000 00:47:30,760 --> 00:47:32,600 Speaker 2: do you reckon there's market failure and power, would they 1001 00:47:32,640 --> 00:47:33,360 Speaker 2: agree with you or not? 1002 00:47:35,080 --> 00:47:37,359 Speaker 25: I think they'd give you a fairly measured answer, Mike, 1003 00:47:38,160 --> 00:47:40,080 Speaker 25: but I think they would have to admit that there's 1004 00:47:40,280 --> 00:47:43,080 Speaker 25: there's strong indications of issues in the market. 1005 00:47:43,120 --> 00:47:43,479 Speaker 23: For sure. 1006 00:47:43,600 --> 00:47:45,480 Speaker 2: What you need to be as a gen Taylor, don't you. 1007 00:47:46,880 --> 00:47:50,160 Speaker 25: Well right now that seems to be the case, but 1008 00:47:50,200 --> 00:47:52,919 Speaker 25: that's not how it should be. You rightly point out 1009 00:47:52,920 --> 00:47:57,799 Speaker 25: that we rely on markets to deliver efficient outcomes for 1010 00:47:57,840 --> 00:48:02,000 Speaker 25: what is actually essential service. But when you've got distortions 1011 00:48:02,000 --> 00:48:04,160 Speaker 25: in that market, you get inefficient outcomes. And that's what 1012 00:48:04,160 --> 00:48:07,279 Speaker 25: we're seeing now with a forty eight percent increase in 1013 00:48:07,400 --> 00:48:10,439 Speaker 25: wholesale energy prices in the last six months. Now, we've 1014 00:48:10,480 --> 00:48:14,520 Speaker 25: heard inflaced good news on inflation yesterday, but things like 1015 00:48:14,520 --> 00:48:15,160 Speaker 25: this won't help. 1016 00:48:15,560 --> 00:48:18,160 Speaker 2: But on the wholesale and correct me if I'm wrong. 1017 00:48:18,200 --> 00:48:20,359 Speaker 2: The reason that the wholesale price goes up is because 1018 00:48:20,360 --> 00:48:22,840 Speaker 2: we don't have enough rain, or we don't have enough dams, 1019 00:48:22,920 --> 00:48:25,240 Speaker 2: or we don't have enough windmills, or we haven't burned 1020 00:48:25,320 --> 00:48:27,239 Speaker 2: enough coal. I mean, that's what boils down to, isn't it. 1021 00:48:27,920 --> 00:48:30,719 Speaker 25: Yeah, which relates to the build of capacity. Right, So 1022 00:48:32,120 --> 00:48:35,200 Speaker 25: of our capacity today, eighty five percent of it was 1023 00:48:35,239 --> 00:48:38,440 Speaker 25: built before privatization, So the current incumbents and here it 1024 00:48:38,440 --> 00:48:42,040 Speaker 25: at eighty five percent of that capacity. The incentive to 1025 00:48:42,040 --> 00:48:46,200 Speaker 25: build more is fairly muted by the strong incentive to 1026 00:48:46,280 --> 00:48:49,520 Speaker 25: keep supply tight and the existence of market power to 1027 00:48:49,600 --> 00:48:52,160 Speaker 25: allow them to do that. So you know, I don't 1028 00:48:52,160 --> 00:48:56,000 Speaker 25: think it's any coincidence that once the Tea ideal was announced, 1029 00:48:56,360 --> 00:49:01,279 Speaker 25: a whole lot of preconsented developments suddenly came out of 1030 00:49:01,320 --> 00:49:03,960 Speaker 25: the got dusted off and came off the shelf. So 1031 00:49:04,600 --> 00:49:09,160 Speaker 25: there's a real incentive for the generators and the ability 1032 00:49:09,280 --> 00:49:12,200 Speaker 25: to use market power to keep supply tight. And that's 1033 00:49:12,480 --> 00:49:13,800 Speaker 25: really the number of this issue. 1034 00:49:13,840 --> 00:49:16,719 Speaker 2: But Onslow was also curtailing matters, wasn't it. At the 1035 00:49:16,800 --> 00:49:18,160 Speaker 2: end of the day, the government was going to be 1036 00:49:18,200 --> 00:49:20,720 Speaker 2: sinking sixteen billion dollars into something. Why would you invest 1037 00:49:20,760 --> 00:49:22,520 Speaker 2: in anything now that that's gone they can. 1038 00:49:23,920 --> 00:49:24,080 Speaker 11: Well. 1039 00:49:24,120 --> 00:49:26,560 Speaker 25: I think Teaway's probably had a bigger impact. I don't think, 1040 00:49:26,680 --> 00:49:31,759 Speaker 25: you know, Onslow was necessarily even that far advanced for 1041 00:49:31,800 --> 00:49:34,600 Speaker 25: people to be nervous. And we haven't seen any new 1042 00:49:34,640 --> 00:49:38,400 Speaker 25: players really emerge at any scale since the closure of Onslow, 1043 00:49:38,640 --> 00:49:42,080 Speaker 25: and you know, in the meantime, we haven't really built 1044 00:49:42,120 --> 00:49:46,120 Speaker 25: anything else. So it comes back to incentives. 1045 00:49:46,200 --> 00:49:48,640 Speaker 2: Might as much as you want to run a good 1046 00:49:48,640 --> 00:49:50,759 Speaker 2: business and be successful and God bless you in doing that, 1047 00:49:50,840 --> 00:49:53,520 Speaker 2: aren't there enough in the market, be they gen Taylors 1048 00:49:53,600 --> 00:49:55,600 Speaker 2: or not. Aren't there enough people in the market without you? 1049 00:49:55,680 --> 00:49:58,319 Speaker 2: For us to be broadly as consumers happy enough. I mean, 1050 00:49:58,400 --> 00:50:00,360 Speaker 2: yes it's expensive, and yes we'd like to pay less 1051 00:50:00,360 --> 00:50:02,879 Speaker 2: and all that stuff, but it's not like the market 1052 00:50:02,960 --> 00:50:04,920 Speaker 2: short of actual people who can supply mepower. 1053 00:50:05,840 --> 00:50:08,160 Speaker 25: Well, what it comes down to, Mic, is the long 1054 00:50:08,239 --> 00:50:10,400 Speaker 25: term is the short term trade off. The role of 1055 00:50:10,440 --> 00:50:13,279 Speaker 25: independence really is to keep good down with pressure on 1056 00:50:14,840 --> 00:50:18,399 Speaker 25: consumer prices through competition. If you don't want competition, then 1057 00:50:18,440 --> 00:50:20,400 Speaker 25: you don't really have a market, do you. So we 1058 00:50:20,440 --> 00:50:23,480 Speaker 25: do rely on a market, so you actually do need 1059 00:50:23,520 --> 00:50:27,800 Speaker 25: players like us who are actually more efficient at retailing 1060 00:50:27,840 --> 00:50:32,439 Speaker 25: than the incumbents who cross subsidize their retail businesses, which 1061 00:50:32,440 --> 00:50:35,520 Speaker 25: are hopelessly inefficient. So in the long run, all you'll 1062 00:50:35,560 --> 00:50:38,880 Speaker 25: end up with as massively higher prices once you lose 1063 00:50:38,920 --> 00:50:41,640 Speaker 25: that that level of competition. 1064 00:50:42,400 --> 00:50:46,360 Speaker 2: I admire your pluck and I wish you well. Luke Blinko, 1065 00:50:46,400 --> 00:50:48,919 Speaker 2: who's the electric key we ceo with us this morning? Mic, 1066 00:50:49,440 --> 00:50:51,360 Speaker 2: if you ring the Comments Commission right now, you'd be 1067 00:50:51,360 --> 00:50:53,560 Speaker 2: on hold for seventy minutes years probably true, eighteen minutes 1068 00:50:53,600 --> 00:50:56,719 Speaker 2: away from eight pasking you're very sorry for sin Lay. 1069 00:50:56,760 --> 00:50:59,239 Speaker 2: Maybe it's my affinity to the country and the dairy 1070 00:50:59,239 --> 00:51:01,840 Speaker 2: industry or maybe my affinity just with the economy generally 1071 00:51:01,880 --> 00:51:03,640 Speaker 2: and trying to find people who are doing okay at 1072 00:51:03,640 --> 00:51:05,239 Speaker 2: the moment. Sin Lay Milk is at one of them. 1073 00:51:05,719 --> 00:51:09,480 Speaker 2: So yesterday they announced they've abandoned their readings guideline completely. 1074 00:51:09,760 --> 00:51:12,080 Speaker 2: We were last week one hundred and thirty million dollar 1075 00:51:12,160 --> 00:51:13,680 Speaker 2: loan which we've been building up to. They had the 1076 00:51:13,719 --> 00:51:15,319 Speaker 2: vote on that and they said, yes, we'll take that. 1077 00:51:15,360 --> 00:51:17,759 Speaker 2: Bright Dairy, who owned a chunk of that company, is 1078 00:51:17,840 --> 00:51:20,279 Speaker 2: leading them one hundred and thirty million. How they dig 1079 00:51:20,320 --> 00:51:22,560 Speaker 2: themselves out of this whole, I don't know. I hope 1080 00:51:22,560 --> 00:51:25,200 Speaker 2: they do, and there are brighter people on the job 1081 00:51:25,280 --> 00:51:29,080 Speaker 2: than me doing it. They paid down some debt that 1082 00:51:29,120 --> 00:51:31,360 Speaker 2: one hundred and thirty millions helped them out for now, 1083 00:51:31,880 --> 00:51:34,239 Speaker 2: but they don't know where they're going. They're looking at 1084 00:51:34,280 --> 00:51:38,879 Speaker 2: accelerating volume growth. Terrific thing to say. How realistic is that. 1085 00:51:39,040 --> 00:51:42,000 Speaker 2: They're optimizing cost once again, that's business buzzword, is a 1086 00:51:42,080 --> 00:51:45,440 Speaker 2: real operational performance. They're improving that call, get on with it. 1087 00:51:46,080 --> 00:51:49,000 Speaker 2: So they were meeting last week and got that loan through, 1088 00:51:49,440 --> 00:51:51,279 Speaker 2: paid off some debt. But the dairy price is the 1089 00:51:51,320 --> 00:51:54,000 Speaker 2: dairy price, and their problems are their problems, and I 1090 00:51:54,080 --> 00:51:57,359 Speaker 2: just don't know what's changed. I mean, the vote on 1091 00:51:57,440 --> 00:52:04,640 Speaker 2: the loan a lifeline, and when you abandon your guidance anyway, 1092 00:52:04,719 --> 00:52:06,640 Speaker 2: all we can do is wish them well. Seventeen to two, 1093 00:52:07,840 --> 00:52:11,160 Speaker 2: make Costume Breakfast, thirteen away from Mike. I believe that 1094 00:52:11,200 --> 00:52:13,480 Speaker 2: about seventy five percent of supplies are put in notice 1095 00:52:13,480 --> 00:52:16,120 Speaker 2: to leave the company. I don't know whether it's seventy 1096 00:52:16,120 --> 00:52:18,560 Speaker 2: five Steed, but we've done interviews on the program before 1097 00:52:18,560 --> 00:52:20,600 Speaker 2: and you're you know, there's a lot of people looking 1098 00:52:20,600 --> 00:52:23,000 Speaker 2: to leave Mike about half of supplies, So you can 1099 00:52:23,000 --> 00:52:26,120 Speaker 2: see that there's a movement that you go, I'll tell 1100 00:52:26,160 --> 00:52:27,920 Speaker 2: you what. When the contract's up, I'm out of there. 1101 00:52:28,120 --> 00:52:30,120 Speaker 2: So once again you feel bad for them. By the way, 1102 00:52:30,120 --> 00:52:31,719 Speaker 2: a little bit of ev news. There's a couple of 1103 00:52:31,760 --> 00:52:35,200 Speaker 2: really interesting things happening at the moment. The EU had 1104 00:52:35,200 --> 00:52:39,200 Speaker 2: a vote it doesn't count, and I won't go into 1105 00:52:39,200 --> 00:52:41,279 Speaker 2: the boring detail as to why it doesn't count, but 1106 00:52:41,320 --> 00:52:43,480 Speaker 2: they will eventually get to a vote that does count. 1107 00:52:44,200 --> 00:52:46,560 Speaker 2: The interesting thing about the vote that doesn't count is 1108 00:52:46,600 --> 00:52:48,759 Speaker 2: there's a dozen countries and this is to do with 1109 00:52:49,080 --> 00:52:52,120 Speaker 2: tariffs on Chinese cars. So what they're all Chinese evs, 1110 00:52:52,520 --> 00:52:54,279 Speaker 2: and there's a big scrap between China and the EU, 1111 00:52:54,440 --> 00:52:56,560 Speaker 2: China and the US at the moment over whether too 1112 00:52:56,600 --> 00:53:00,000 Speaker 2: much government money from China is going into these car companies, 1113 00:53:00,400 --> 00:53:02,560 Speaker 2: thus making the price artificial, so when they go into 1114 00:53:02,600 --> 00:53:04,920 Speaker 2: the marketplace, suddenly you're undercutting everybody else and no one 1115 00:53:04,960 --> 00:53:08,600 Speaker 2: else can compete. That's the suspicion. So they had a vote. 1116 00:53:08,600 --> 00:53:11,200 Speaker 2: But the problem, the counter problem for especially the Europeans, 1117 00:53:11,600 --> 00:53:13,799 Speaker 2: is a lot of the countries who were voting have 1118 00:53:13,920 --> 00:53:17,879 Speaker 2: car companies who are deeply embedded in China your BMW's urlities, etc. 1119 00:53:18,600 --> 00:53:21,520 Speaker 2: And so in the vote that doesn't count as a 1120 00:53:21,560 --> 00:53:23,560 Speaker 2: whole bunch of countries who said, actually, no, we don't 1121 00:53:23,600 --> 00:53:25,520 Speaker 2: like these tariffs on China and will pass thank you 1122 00:53:25,600 --> 00:53:28,400 Speaker 2: very much, to which everyone went, what what are we 1123 00:53:28,440 --> 00:53:31,440 Speaker 2: going to do now? Also yesterday GM announced to the 1124 00:53:31,480 --> 00:53:33,400 Speaker 2: world that their plan to build a million evs in 1125 00:53:33,400 --> 00:53:35,839 Speaker 2: America this year isn't going to happen because no one 1126 00:53:35,840 --> 00:53:37,759 Speaker 2: wants to buy an EV. What they also announced then 1127 00:53:37,840 --> 00:53:40,200 Speaker 2: this morning was their uping production of a thing called 1128 00:53:40,200 --> 00:53:43,520 Speaker 2: a Cadillac Escalate, which has a V eight and is 1129 00:53:43,600 --> 00:53:46,279 Speaker 2: very expensive. It's about three hundred thousand plus New Zealand dollars. 1130 00:53:46,360 --> 00:53:48,480 Speaker 2: It's as hoping that the market people want engines, they 1131 00:53:48,480 --> 00:53:51,000 Speaker 2: don't like evs. Then you come to a story I 1132 00:53:51,040 --> 00:53:56,240 Speaker 2: stuggled upon yesterday in this very country, Kia have taken 1133 00:53:56,440 --> 00:54:02,200 Speaker 2: thirty five thousand dollars off there EV nine, the top 1134 00:54:02,200 --> 00:54:04,800 Speaker 2: of the line. EV nine is now thirty five thousand 1135 00:54:04,880 --> 00:54:07,319 Speaker 2: dollars cheaper than it was the day before. So once 1136 00:54:07,320 --> 00:54:09,200 Speaker 2: again I remind you if you'd wandered in and this 1137 00:54:09,239 --> 00:54:11,160 Speaker 2: is not the bag that one Kia or anybody else, 1138 00:54:11,200 --> 00:54:13,520 Speaker 2: I'm just just giving you the market. If you'd gone 1139 00:54:13,560 --> 00:54:15,279 Speaker 2: into Kia a week ago and gone and tell you what, 1140 00:54:15,280 --> 00:54:16,960 Speaker 2: I have one of those EV nines, thanks very much, 1141 00:54:16,960 --> 00:54:19,120 Speaker 2: And they charged you one hundred and whatever, one hundred 1142 00:54:19,120 --> 00:54:21,560 Speaker 2: and thirty six thirty seven thousand dollars. And you're waking 1143 00:54:21,640 --> 00:54:23,960 Speaker 2: up this morning and suddenly it's thirty five thousand dollars less. 1144 00:54:23,960 --> 00:54:25,160 Speaker 2: What do you think has happened to the value of 1145 00:54:25,200 --> 00:54:31,760 Speaker 2: your car? Then, purely by accident, I'm looking through cars 1146 00:54:33,080 --> 00:54:36,600 Speaker 2: yesterday I see advertised at the moment and this is 1147 00:54:36,680 --> 00:54:39,080 Speaker 2: just an example. The one I stumbled across a twenty 1148 00:54:39,160 --> 00:54:42,360 Speaker 2: twenty four in other words, a brand new our Dee 1149 00:54:42,520 --> 00:54:45,120 Speaker 2: Tron GT. Now, as far as EB goes, they're okay. 1150 00:54:45,040 --> 00:54:47,319 Speaker 2: They're a sporty ish looking car. They're a fine car, 1151 00:54:47,480 --> 00:54:51,840 Speaker 2: very expensive car. Normally they are three hundred and four thousand, 1152 00:54:51,880 --> 00:54:53,000 Speaker 2: two hundred and ninety dollars. 1153 00:54:54,080 --> 00:54:55,800 Speaker 9: Three of the money you save on petrol. 1154 00:54:56,080 --> 00:54:58,480 Speaker 2: Three you've got to save all on money on petrol 1155 00:54:58,520 --> 00:55:00,919 Speaker 2: to pay for that three out or fourth undred ninety 1156 00:55:00,920 --> 00:55:03,879 Speaker 2: dollars brand new car, really available to be picked up. Now, 1157 00:55:03,920 --> 00:55:05,560 Speaker 2: what do you reckon? They've knocked off the price just 1158 00:55:05,560 --> 00:55:10,080 Speaker 2: to tempt you into an EV. They've taken off eighty 1159 00:55:10,440 --> 00:55:15,080 Speaker 2: nine thousand dollars. Let's call it ninety. Shall we see 1160 00:55:15,120 --> 00:55:17,120 Speaker 2: me dealing with the currency, Sam, let's call it ninety. 1161 00:55:17,320 --> 00:55:21,440 Speaker 2: They've taken off ninety thousand dollars off a new car 1162 00:55:21,560 --> 00:55:23,120 Speaker 2: to convince you to buy an EV. 1163 00:55:23,480 --> 00:55:26,360 Speaker 20: Do you know how many of my cab precisely that 1164 00:55:26,480 --> 00:55:28,520 Speaker 20: I drive right now, I could buy just for the 1165 00:55:28,640 --> 00:55:32,560 Speaker 20: ninety thousand dollars Sam, that they could they've taken off it. 1166 00:55:32,560 --> 00:55:34,360 Speaker 9: It's quite fun. And then it's quite fun, is the 1167 00:55:34,360 --> 00:55:35,359 Speaker 9: whole bullying Sam thing. 1168 00:55:36,640 --> 00:55:38,400 Speaker 2: It's become a thing, and it's very very popular. 1169 00:55:38,520 --> 00:55:39,799 Speaker 9: Yeah, I think, Sam Fi, is it fun? 1170 00:55:39,840 --> 00:55:42,080 Speaker 2: Have we made it into a podcast yet? 1171 00:55:42,320 --> 00:55:42,920 Speaker 9: Oh we haven't. 1172 00:55:43,080 --> 00:55:45,520 Speaker 2: Let's make it into a podcast. Nine away from eight, 1173 00:55:46,560 --> 00:55:47,080 Speaker 2: the mic. 1174 00:55:46,960 --> 00:55:51,120 Speaker 1: Hosty Racist is with the Januar News tomb of. 1175 00:55:51,040 --> 00:55:53,799 Speaker 2: The Republican Convention. Trump's just had us walk through four 1176 00:55:53,880 --> 00:55:57,719 Speaker 2: tomorrow night, so that's another day's worth of It's been 1177 00:55:57,719 --> 00:55:59,200 Speaker 2: interesting to watch. Mind, you've got to be a bit 1178 00:55:59,200 --> 00:56:01,120 Speaker 2: of a wonkluck meus post. Seven away from it looks 1179 00:56:01,120 --> 00:56:03,080 Speaker 2: like changes arrived in the marriage market as well, more 1180 00:56:03,120 --> 00:56:05,920 Speaker 2: and more of us apparently eloping. So what's driving this 1181 00:56:05,960 --> 00:56:09,120 Speaker 2: New Zealand dream wedding zoner? Donna Dohy is with us 1182 00:56:09,120 --> 00:56:10,480 Speaker 2: on this. Donna, a very good morning to you. 1183 00:56:11,120 --> 00:56:11,640 Speaker 24: Good morning. 1184 00:56:11,920 --> 00:56:14,520 Speaker 2: Isn't elopement different from what I think it is? Is 1185 00:56:14,600 --> 00:56:16,720 Speaker 2: an elopement to me is two people who just sitting 1186 00:56:16,760 --> 00:56:18,319 Speaker 2: there having a cup of coffee one day and going, 1187 00:56:18,320 --> 00:56:20,000 Speaker 2: I'll tell you what, let's bugger off to Belle Cluther 1188 00:56:20,080 --> 00:56:22,239 Speaker 2: and get married. And so it's not an event per se, 1189 00:56:22,320 --> 00:56:23,120 Speaker 2: or has that changed? 1190 00:56:23,840 --> 00:56:25,239 Speaker 24: It's changing, right? 1191 00:56:25,280 --> 00:56:27,600 Speaker 2: So what is it now today? 1192 00:56:28,400 --> 00:56:33,120 Speaker 24: Well, they're putting more thought into it, so they're now 1193 00:56:33,160 --> 00:56:37,080 Speaker 24: wanted more adventure, so they will contact the wind Tennis 1194 00:56:37,080 --> 00:56:40,360 Speaker 24: say look, we want to elope, can we go somewhere 1195 00:56:40,400 --> 00:56:44,359 Speaker 24: remarkable and we just planted and sometimes they'll have their 1196 00:56:44,440 --> 00:56:48,200 Speaker 24: mom and dad. We do up to about six people 1197 00:56:48,920 --> 00:56:50,319 Speaker 24: for the elightenments. 1198 00:56:50,920 --> 00:56:53,920 Speaker 2: Why why is that called an elopement, not a wedding, 1199 00:56:54,320 --> 00:56:55,200 Speaker 2: just a small wedding. 1200 00:56:57,320 --> 00:56:59,880 Speaker 24: Honestly, I don't know. It's always been called elopement. 1201 00:57:01,160 --> 00:57:03,040 Speaker 2: What's driving this? Is it money? 1202 00:57:04,360 --> 00:57:07,080 Speaker 24: No? I think it was the COVID lockdown, the pandemic. 1203 00:57:07,239 --> 00:57:09,799 Speaker 24: People actually sat there and actually thought about their life 1204 00:57:09,800 --> 00:57:12,840 Speaker 24: and what's really important, right, because that's when the changes 1205 00:57:12,920 --> 00:57:13,439 Speaker 24: really hurt. 1206 00:57:13,640 --> 00:57:15,560 Speaker 2: And having one hundred and twenty people, ninety eight of 1207 00:57:15,560 --> 00:57:17,440 Speaker 2: whom you don't even know orli like all that much. 1208 00:57:18,040 --> 00:57:19,760 Speaker 2: You don't need that narm more in your life. 1209 00:57:20,320 --> 00:57:22,640 Speaker 24: No, definitely, And they don't want people at their winning 1210 00:57:22,720 --> 00:57:25,480 Speaker 24: They don't know. It's about the couple. It's about what 1211 00:57:25,520 --> 00:57:26,480 Speaker 24: they're wanting today. 1212 00:57:27,200 --> 00:57:29,640 Speaker 2: That's good. So you don't want your parents driving you. See, 1213 00:57:29,720 --> 00:57:32,000 Speaker 2: you got this tricky thing. Did do some parents still 1214 00:57:32,040 --> 00:57:34,600 Speaker 2: dip in or help out their daughter's wedding costs? 1215 00:57:35,840 --> 00:57:36,040 Speaker 17: No? 1216 00:57:36,560 --> 00:57:38,960 Speaker 24: Not that I'm finding as the couple themselves. 1217 00:57:39,480 --> 00:57:41,880 Speaker 2: Ah So what about the other side of the equation? 1218 00:57:41,920 --> 00:57:43,600 Speaker 2: When you sat down during COVID as a couple and 1219 00:57:43,640 --> 00:57:45,320 Speaker 2: you went, you know what, I'd rather travel. I'd rather 1220 00:57:45,360 --> 00:57:47,400 Speaker 2: have a deposit for a house I don't want it? 1221 00:57:47,440 --> 00:57:48,600 Speaker 2: Is that driving it as well? 1222 00:57:49,240 --> 00:57:52,160 Speaker 24: Definitely. We've had couples come from England over to New 1223 00:57:52,240 --> 00:57:54,520 Speaker 24: Zealand and they have said that they can come over here, 1224 00:57:54,520 --> 00:57:57,480 Speaker 24: having a lightment, a honey moon, all their travel costs 1225 00:57:57,880 --> 00:57:59,959 Speaker 24: and still have money left over for what it would 1226 00:58:00,080 --> 00:58:01,400 Speaker 24: cost for a wedding back there. 1227 00:58:02,840 --> 00:58:04,640 Speaker 2: So it's really at the end of the day, it 1228 00:58:04,720 --> 00:58:06,920 Speaker 2: is about money, isn't it And surrounding yourself with the 1229 00:58:06,920 --> 00:58:08,560 Speaker 2: people you know and love as opposed to you know, 1230 00:58:08,600 --> 00:58:11,960 Speaker 2: the white How's it affected your business because I'm sure 1231 00:58:12,000 --> 00:58:14,360 Speaker 2: I'm sure you'd rather organize a wedding for six thousand. 1232 00:58:16,280 --> 00:58:20,760 Speaker 24: No. I love the personal wedding. You lose touch when 1233 00:58:20,760 --> 00:58:23,280 Speaker 24: you have a large wedding. That's what I found personally. 1234 00:58:23,320 --> 00:58:26,640 Speaker 24: That's why I do the small weddings. It's more intimate, 1235 00:58:26,760 --> 00:58:29,960 Speaker 24: it's more fun, it's more stress free and relaxed, and 1236 00:58:30,000 --> 00:58:31,000 Speaker 24: it's all about the couple. 1237 00:58:31,240 --> 00:58:34,200 Speaker 2: Yeah, excellent, And is business generally booming or are the 1238 00:58:34,200 --> 00:58:36,439 Speaker 2: couple's going down that next track, which is we don't 1239 00:58:36,440 --> 00:58:38,120 Speaker 2: need to get married officially in any way, shape or 1240 00:58:38,160 --> 00:58:39,320 Speaker 2: form at all. We just lived together. 1241 00:58:40,120 --> 00:58:42,120 Speaker 24: No business has fun to boom. 1242 00:58:41,720 --> 00:58:44,400 Speaker 2: Good good, Well, I'm pleased to hear it. Donna go 1243 00:58:44,440 --> 00:58:47,080 Speaker 2: well with that, Donnadhi who is the New Zealand Dream 1244 00:58:47,120 --> 00:58:52,560 Speaker 2: Wedding z owner? The Times they are a change news 1245 00:58:52,560 --> 00:58:54,360 Speaker 2: for you in a couple of moments. By the way, 1246 00:58:54,720 --> 00:58:56,280 Speaker 2: I've been meaning to get to this. Read the League 1247 00:58:56,320 --> 00:58:58,720 Speaker 2: last night. Mike, what genius at New Zealand Rugby League 1248 00:58:58,760 --> 00:59:01,080 Speaker 2: got rid of McGuire as our national coach? Jerry? I 1249 00:59:01,120 --> 00:59:02,880 Speaker 2: from memory, I don't think anyone got rid of him. 1250 00:59:02,880 --> 00:59:06,240 Speaker 2: I thinking when he got given the job as you 1251 00:59:06,280 --> 00:59:08,480 Speaker 2: know coach of where he is at the moment, I 1252 00:59:08,560 --> 00:59:10,600 Speaker 2: don't I think he said he couldn't do both jobs 1253 00:59:10,640 --> 00:59:13,040 Speaker 2: and he left of his own volition. So I don't think. 1254 00:59:13,160 --> 00:59:15,080 Speaker 2: I don't think there's music. I think he could blame 1255 00:59:15,240 --> 00:59:18,520 Speaker 2: Jim Mugby League on that Amy Shark song. In a 1256 00:59:18,600 --> 00:59:21,440 Speaker 2: chat after the news, which is next here of news talk, said. 1257 00:59:21,280 --> 00:59:28,920 Speaker 1: B What big news, Bold opinions, the Mic Hosking Breakfast 1258 00:59:29,240 --> 00:59:33,560 Speaker 1: with Alveda, Retirement Communities, Life your Way news talk, said B. 1259 00:59:34,520 --> 00:59:36,080 Speaker 26: Caught in the moment. 1260 00:59:38,080 --> 00:59:43,640 Speaker 27: Midnight in the room, my breath and her. 1261 00:59:45,880 --> 00:59:54,520 Speaker 26: God taking my I'm just a girl. There's gone nothing 1262 00:59:54,720 --> 00:59:55,600 Speaker 26: to lose. 1263 00:59:55,760 --> 00:59:57,680 Speaker 2: In a seven minutes past eight. Let's chat and sing 1264 00:59:57,680 --> 01:00:00,000 Speaker 2: along with Amy Sharks. She's here for her new weld 1265 01:00:00,320 --> 01:00:02,880 Speaker 2: Sunday Sadness, which is out next month. Her last two albums, 1266 01:00:02,880 --> 01:00:04,520 Speaker 2: by the way, we're number one in Australia. She's an 1267 01:00:04,520 --> 01:00:07,480 Speaker 2: eight times ARIA winner. She's performed there, written songs with 1268 01:00:07,520 --> 01:00:10,120 Speaker 2: trappers Barker, d Shere and Keith Urban and Coldplay. She's 1269 01:00:10,120 --> 01:00:13,200 Speaker 2: also judge on Australian Idol and she is, well, it's 1270 01:00:13,240 --> 01:00:14,000 Speaker 2: lovely to meet. 1271 01:00:13,840 --> 01:00:15,400 Speaker 26: You, hi, and nice to meet we. 1272 01:00:15,720 --> 01:00:17,919 Speaker 2: Haven't we been having the best time at the best time. 1273 01:00:18,080 --> 01:00:19,960 Speaker 2: Yeah no, that's not true. I mean you've got to 1274 01:00:20,000 --> 01:00:22,640 Speaker 2: say that stuff now. But the story is, and I've 1275 01:00:22,640 --> 01:00:26,960 Speaker 2: got to share the story Waikawa Bay. My grandparents, years 1276 01:00:27,000 --> 01:00:29,360 Speaker 2: and years and years ago, and this isn't the Marlborough 1277 01:00:29,360 --> 01:00:32,560 Speaker 2: Sounds used to have a batch and we used to 1278 01:00:32,560 --> 01:00:34,560 Speaker 2: go there as kids and it was the one of 1279 01:00:34,600 --> 01:00:37,400 Speaker 2: two houses in Waikarawa Bay. And so I'm telling Amy 1280 01:00:37,440 --> 01:00:40,080 Speaker 2: about the story boring at witless and we were talking 1281 01:00:40,080 --> 01:00:42,880 Speaker 2: about the country, and then she goes, well, my husband 1282 01:00:43,080 --> 01:00:47,120 Speaker 2: Shane is from Wellington, and I go does he like Wellington? 1283 01:00:47,160 --> 01:00:50,560 Speaker 2: She goes, no, he likes Nelson and the Marlborough Sounds. 1284 01:00:51,400 --> 01:00:53,160 Speaker 2: And you carry on with the story because all you 1285 01:00:53,520 --> 01:00:54,400 Speaker 2: was a man with a batch. 1286 01:00:54,600 --> 01:00:57,440 Speaker 15: I as soon as you said Wakawa bay, I just 1287 01:00:57,680 --> 01:00:59,960 Speaker 15: remember because we've caught a lot of snapper at the 1288 01:01:00,320 --> 01:01:03,840 Speaker 15: at Shane's family's batch in the Marlborough Sounds, And that's 1289 01:01:03,880 --> 01:01:07,320 Speaker 15: the sign that is behind all the shots because it's 1290 01:01:07,360 --> 01:01:11,840 Speaker 15: on this little tree facing the ocean and it's the 1291 01:01:11,880 --> 01:01:15,600 Speaker 15: same bay of every bay in the Sounds where. 1292 01:01:15,400 --> 01:01:17,560 Speaker 2: Your husband's family owns her back. 1293 01:01:17,680 --> 01:01:21,760 Speaker 26: Yeah, it's been in the family for like, you know, generations. 1294 01:01:21,080 --> 01:01:23,520 Speaker 2: Has it really? So that part of the story you 1295 01:01:23,520 --> 01:01:26,680 Speaker 2: didn't tell me off here, So that's entirely possible that 1296 01:01:26,680 --> 01:01:29,720 Speaker 2: that that's the second house in the bay next to. 1297 01:01:29,640 --> 01:01:32,880 Speaker 26: My Not much, not too much has been done to it. 1298 01:01:32,960 --> 01:01:36,360 Speaker 15: Shane's dad's builder, so he's kind of he's kept the 1299 01:01:36,360 --> 01:01:39,800 Speaker 15: bones of the place, but you know, like things have 1300 01:01:40,520 --> 01:01:43,640 Speaker 15: come a long way, like toilets and showers and cookers 1301 01:01:43,640 --> 01:01:47,160 Speaker 15: and stuff. So but it's still very batch like. It's 1302 01:01:47,160 --> 01:01:50,240 Speaker 15: not bougie at all. It's like you're going. It's you're 1303 01:01:50,320 --> 01:01:52,360 Speaker 15: going out in the sticks and it's the best. 1304 01:01:52,520 --> 01:01:57,440 Speaker 2: It's not bougie. So your success is interesting because when 1305 01:01:57,480 --> 01:02:00,280 Speaker 2: I first looked you up yesterday in terms of being 1306 01:02:00,320 --> 01:02:01,960 Speaker 2: thirty eight years old, I thought, well, hold on, where 1307 01:02:01,960 --> 01:02:04,600 Speaker 2: have you been? So you've You've been about the place, 1308 01:02:04,760 --> 01:02:08,600 Speaker 2: working hard. When you achieve what you've now achieved is 1309 01:02:08,840 --> 01:02:11,520 Speaker 2: the journey and this ties into your job at Australiannidol. 1310 01:02:12,040 --> 01:02:16,320 Speaker 2: Is the journey and the success that that brings worth it? 1311 01:02:17,040 --> 01:02:18,479 Speaker 2: And do you reveal in it now? 1312 01:02:19,760 --> 01:02:20,000 Speaker 26: Yeah? 1313 01:02:20,040 --> 01:02:23,680 Speaker 15: One, I think I do it more so than anyone 1314 01:02:24,360 --> 01:02:29,160 Speaker 15: who maybe had a bit more luck and success early on. 1315 01:02:29,520 --> 01:02:31,480 Speaker 26: I think I like I. 1316 01:02:32,960 --> 01:02:35,400 Speaker 15: I revel in it more because it's like it just 1317 01:02:35,520 --> 01:02:38,360 Speaker 15: took me so much longer, and I know how hard 1318 01:02:38,400 --> 01:02:41,800 Speaker 15: I worked for it, so it's I don't take it 1319 01:02:41,840 --> 01:02:45,840 Speaker 15: for granted, no, And and everything's really exciting for me 1320 01:02:45,960 --> 01:02:47,920 Speaker 15: still because like you know, I didn't get signed till 1321 01:02:47,960 --> 01:02:51,040 Speaker 15: I was like thirty and everyone I feel like I 1322 01:02:51,040 --> 01:02:54,040 Speaker 15: feel like I've done so much, Like I really went hard. 1323 01:02:54,120 --> 01:02:58,200 Speaker 15: The second I got signed, thing my whole life changed. 1324 01:02:59,240 --> 01:03:01,160 Speaker 26: I had some how that did really well. 1325 01:03:01,200 --> 01:03:04,760 Speaker 15: I got to do some awesome stuff and only just 1326 01:03:04,840 --> 01:03:07,760 Speaker 15: now am I starting to be like, ah, this is great. 1327 01:03:07,800 --> 01:03:10,320 Speaker 15: I'm actually comfortable in doing things I like and I've 1328 01:03:10,360 --> 01:03:13,440 Speaker 15: got this sort of I've got a great team who 1329 01:03:13,560 --> 01:03:16,040 Speaker 15: lets me do and make the music I want to make, 1330 01:03:16,120 --> 01:03:18,720 Speaker 15: and it's it's fantastic. 1331 01:03:19,080 --> 01:03:21,600 Speaker 26: I still love making music. It doesn't feel like a job. 1332 01:03:21,680 --> 01:03:24,600 Speaker 2: You know, what's the listen out of that? Then, in 1333 01:03:24,640 --> 01:03:27,640 Speaker 2: the sense, if you have talent, you will get there, 1334 01:03:28,160 --> 01:03:30,760 Speaker 2: or if you have talent, you might get there, or 1335 01:03:30,880 --> 01:03:31,680 Speaker 2: you just don't know. 1336 01:03:32,720 --> 01:03:33,880 Speaker 26: It's kind of got to be. 1337 01:03:34,440 --> 01:03:36,280 Speaker 15: I don't know if you've ever heard of the word dama, 1338 01:03:36,520 --> 01:03:39,240 Speaker 15: But if people find their dama, which is something that 1339 01:03:39,280 --> 01:03:41,400 Speaker 15: they are passionate about and happen to be good at, 1340 01:03:42,120 --> 01:03:44,320 Speaker 15: that's when I think it'll happen. Like I think if 1341 01:03:44,360 --> 01:03:48,080 Speaker 15: you do something and if you have the hard conversations 1342 01:03:48,080 --> 01:03:50,360 Speaker 15: with yourself, like am I any good? Because that's what 1343 01:03:50,400 --> 01:03:52,880 Speaker 15: people have to do, and not many people do. They 1344 01:03:52,920 --> 01:03:55,680 Speaker 15: just want they just want what the outcomes of the job. 1345 01:03:56,120 --> 01:03:59,400 Speaker 15: Whereas you know, if you're like, have that conversation, you're like, no, 1346 01:03:59,480 --> 01:04:01,920 Speaker 15: I'm good. I know I'm good and I love it 1347 01:04:01,960 --> 01:04:03,560 Speaker 15: and I'd do it for free. And if you just 1348 01:04:03,680 --> 01:04:07,120 Speaker 15: keep doing it, I feel like and if you say 1349 01:04:07,160 --> 01:04:11,920 Speaker 15: true to who you are, eventually, yeah, I think that's 1350 01:04:11,960 --> 01:04:15,000 Speaker 15: a higher possibility. It's just got to all line up 1351 01:04:15,040 --> 01:04:16,480 Speaker 15: and be for all the right reasons. 1352 01:04:16,560 --> 01:04:20,120 Speaker 2: Yeah. So juxtapose that to Australian idol and this whole 1353 01:04:20,160 --> 01:04:22,680 Speaker 2: reality television thing is just that I want. I want 1354 01:04:22,720 --> 01:04:24,600 Speaker 2: to be famous pleased if I could, that'd be awesome. 1355 01:04:24,920 --> 01:04:28,800 Speaker 2: Do you do you offer advice to these people or 1356 01:04:29,120 --> 01:04:32,600 Speaker 2: is this just a brilliant outlet to instantly trajict to 1357 01:04:32,640 --> 01:04:34,160 Speaker 2: yourself to somewhere you want to. 1358 01:04:34,080 --> 01:04:34,640 Speaker 10: Be or what? 1359 01:04:35,240 --> 01:04:38,240 Speaker 15: I think it's different now and because you know, if 1360 01:04:38,280 --> 01:04:39,920 Speaker 15: you asked me to be a part of this show 1361 01:04:40,320 --> 01:04:42,680 Speaker 15: even five years ago, I would have been like, absolutely not. 1362 01:04:43,400 --> 01:04:46,320 Speaker 15: I didn't. I never went on those shows. I never 1363 01:04:46,840 --> 01:04:50,520 Speaker 15: could even fathom the thought of it. But now, music 1364 01:04:50,680 --> 01:04:54,439 Speaker 15: is it was so inundated with artists and people who 1365 01:04:54,440 --> 01:04:56,760 Speaker 15: think they're artists and people who write bedroom music and 1366 01:04:57,320 --> 01:05:00,000 Speaker 15: I'm not knocking them, but it's like, there's so much 1367 01:05:00,080 --> 01:05:04,040 Speaker 15: talent now and there's so many creatives. So I see 1368 01:05:04,040 --> 01:05:08,760 Speaker 15: it as a I've seen so many brilliant artists come 1369 01:05:08,760 --> 01:05:11,360 Speaker 15: through that platform, and I think it's actually smart now 1370 01:05:11,400 --> 01:05:13,000 Speaker 15: to set them aside. 1371 01:05:13,360 --> 01:05:14,200 Speaker 26: You know, anything you. 1372 01:05:14,160 --> 01:05:17,120 Speaker 15: Can do to kind of cut through, you then have 1373 01:05:17,160 --> 01:05:19,040 Speaker 15: to tackle it a really different way, which I've seen 1374 01:05:19,080 --> 01:05:22,640 Speaker 15: as be very clever and tricky about how they navigate 1375 01:05:22,680 --> 01:05:26,400 Speaker 15: through Australian idol to still have their integrity and be 1376 01:05:26,480 --> 01:05:27,240 Speaker 15: taken seriously. 1377 01:05:27,280 --> 01:05:29,720 Speaker 26: And it's just so different now, you know. 1378 01:05:30,000 --> 01:05:34,320 Speaker 2: Okay, Travis Barker and working with him, tell me about. 1379 01:05:34,120 --> 01:05:38,560 Speaker 15: Him, just the most loveliest, is the easiest person really 1380 01:05:38,760 --> 01:05:39,920 Speaker 15: because he doesn't look like it. 1381 01:05:40,200 --> 01:05:42,040 Speaker 26: Out of all the guys he was. I mean, Mark 1382 01:05:42,160 --> 01:05:42,800 Speaker 26: was like so. 1383 01:05:44,200 --> 01:05:46,400 Speaker 15: Mark was the first member of Blink Onne two that 1384 01:05:46,440 --> 01:05:48,880 Speaker 15: I worked with, and that was just a trip for 1385 01:05:48,920 --> 01:05:51,640 Speaker 15: me because they're my favorite band of all time, you know, 1386 01:05:51,720 --> 01:05:52,960 Speaker 15: since I was like fourteen. 1387 01:05:53,120 --> 01:05:56,840 Speaker 26: So Travis he heard what I. 1388 01:05:56,800 --> 01:05:58,600 Speaker 15: Did with Mark, and then one day I was on 1389 01:05:58,640 --> 01:06:00,920 Speaker 15: Twitter and I had a message from Travis saying, if 1390 01:06:00,960 --> 01:06:03,960 Speaker 15: you ever want some beats and if you want me 1391 01:06:04,080 --> 01:06:06,600 Speaker 15: to drum on a track stop. So I kept him 1392 01:06:06,640 --> 01:06:09,280 Speaker 15: in the back pocket for the next album and honestly, 1393 01:06:09,280 --> 01:06:11,960 Speaker 15: I just sent him the song and he was so accommodating. 1394 01:06:12,080 --> 01:06:13,880 Speaker 15: He you know, he sent a couple of trap beats. 1395 01:06:13,880 --> 01:06:15,840 Speaker 15: I'm like, it's too trappy, sent a couple of like 1396 01:06:15,880 --> 01:06:18,160 Speaker 15: sort of organic stuff and I was like, too rocky, 1397 01:06:18,360 --> 01:06:21,840 Speaker 15: and we found this awesome balance. 1398 01:06:23,520 --> 01:06:23,880 Speaker 2: Trapping. 1399 01:06:24,800 --> 01:06:27,520 Speaker 26: It wasn't it was not It was not easy. 1400 01:06:27,720 --> 01:06:29,200 Speaker 2: It was like I. 1401 01:06:29,120 --> 01:06:31,160 Speaker 26: Said to my producer, maybe we just make it work, 1402 01:06:31,400 --> 01:06:34,320 Speaker 26: you know. But he was so accommodating. 1403 01:06:34,400 --> 01:06:37,240 Speaker 15: He kept writing to me saying, hey, if I try this, 1404 01:06:37,320 --> 01:06:39,400 Speaker 15: if this, if this is too you know, too trappy 1405 01:06:39,400 --> 01:06:42,600 Speaker 15: and too rappy, and and it was done within like 1406 01:06:42,760 --> 01:06:45,400 Speaker 15: two days, and he, you know, he was just so 1407 01:06:45,800 --> 01:06:49,320 Speaker 15: this was before Kardashian World, so he had a bit 1408 01:06:49,320 --> 01:06:52,440 Speaker 15: more time. But it was just epic and it was 1409 01:06:52,480 --> 01:06:55,560 Speaker 15: so great with the video, and yeah, it was a trip. 1410 01:06:55,760 --> 01:06:58,560 Speaker 2: The album that's not out till next month. Quick preview 1411 01:06:58,600 --> 01:06:59,400 Speaker 2: any good? 1412 01:06:59,680 --> 01:07:02,360 Speaker 26: Oh it's okay? Yeah, yeah, I'd give it a listen. 1413 01:07:02,960 --> 01:07:03,720 Speaker 26: Give it a listen. 1414 01:07:04,840 --> 01:07:06,800 Speaker 2: What is the song you're going to play for us 1415 01:07:06,800 --> 01:07:09,480 Speaker 2: after the break from the album. It is very exciting. Yeah, 1416 01:07:09,520 --> 01:07:12,800 Speaker 2: and you've got your guitar, and God bless you because 1417 01:07:12,800 --> 01:07:14,360 Speaker 2: we have so many artists who come in here and 1418 01:07:14,680 --> 01:07:17,920 Speaker 2: just bring some accouterments and endless hangers on with instruments 1419 01:07:17,960 --> 01:07:19,760 Speaker 2: and they expect us to plug it in in three 1420 01:07:19,800 --> 01:07:21,720 Speaker 2: and a half minutes. You've brought your guitar, and you 1421 01:07:21,840 --> 01:07:22,560 Speaker 2: brought your voice. 1422 01:07:22,680 --> 01:07:25,000 Speaker 26: Keep it simple, keep it simple more. 1423 01:07:25,120 --> 01:07:26,800 Speaker 2: In a moment fourteen past. 1424 01:07:26,480 --> 01:07:30,800 Speaker 1: Eight, the Mike Hosking Breakfast US. 1425 01:07:30,800 --> 01:07:34,000 Speaker 2: Talks EB seventeen minutes past eight, do you want some feedback? 1426 01:07:34,880 --> 01:07:36,480 Speaker 2: Text has just come in. I'm a big fan of 1427 01:07:36,480 --> 01:07:38,960 Speaker 2: who's already and I haven't even heard of sing Cheryl. 1428 01:07:39,480 --> 01:07:42,080 Speaker 2: I love you, Cheryl, yep, exactly, I love you too, Cheryl. 1429 01:07:42,720 --> 01:07:44,919 Speaker 2: Here's my next problem. I've got to get you to sing. 1430 01:07:44,920 --> 01:07:46,960 Speaker 2: But the guitar. She has a guitar. This is all 1431 01:07:46,960 --> 01:07:48,920 Speaker 2: being videoed, so go go to the website and have 1432 01:07:48,960 --> 01:07:53,520 Speaker 2: a look. That guitar, apart from being beautiful, is made. 1433 01:07:53,280 --> 01:07:55,480 Speaker 26: By Russell Crowe. 1434 01:07:56,040 --> 01:07:57,760 Speaker 2: Right, So I said, what a beautiful guitar? Is that 1435 01:07:57,800 --> 01:07:59,640 Speaker 2: a three quarters side? She goes, yeah, Russell Crowe made 1436 01:07:59,680 --> 01:08:01,240 Speaker 2: me this one. I said, what was that? 1437 01:08:01,240 --> 01:08:01,960 Speaker 26: What I sound like? 1438 01:08:02,360 --> 01:08:02,520 Speaker 11: No? 1439 01:08:02,520 --> 01:08:06,240 Speaker 2: No, no, no it was. It was a bad impersonation. 1440 01:08:06,680 --> 01:08:10,320 Speaker 2: But you see, so Russell crow because the New Zealander, 1441 01:08:10,320 --> 01:08:12,040 Speaker 2: of course, don't let them tell you he's astraight, and 1442 01:08:12,080 --> 01:08:13,280 Speaker 2: you realize his New Zealander. 1443 01:08:13,320 --> 01:08:16,280 Speaker 26: We claim him like we claim Lord, we claim all 1444 01:08:16,360 --> 01:08:16,880 Speaker 26: your people? 1445 01:08:16,960 --> 01:08:19,200 Speaker 2: Does his family have a batch at Waywa Bay. 1446 01:08:20,600 --> 01:08:21,599 Speaker 26: I don't know that much. 1447 01:08:22,680 --> 01:08:25,280 Speaker 2: Who knows, but what a beautiful guitar. Why would he 1448 01:08:25,320 --> 01:08:26,040 Speaker 2: make you a guitar. 1449 01:08:26,560 --> 01:08:30,360 Speaker 26: We've become really good friends. Like we played tennis. 1450 01:08:30,600 --> 01:08:33,479 Speaker 15: I played tennis with him and his girlfriend and my 1451 01:08:33,880 --> 01:08:36,000 Speaker 15: Shane and I and we I don't know how this 1452 01:08:36,120 --> 01:08:37,640 Speaker 15: has happened, That's what I mean. You know, I was 1453 01:08:37,680 --> 01:08:40,000 Speaker 15: telling you I get to do this cool stuff. 1454 01:08:40,400 --> 01:08:43,439 Speaker 2: Saying it's you know, literally for you, Russell rings and 1455 01:08:44,200 --> 01:08:44,880 Speaker 2: guitar for you. 1456 01:08:45,040 --> 01:08:45,920 Speaker 26: It's a silly job. 1457 01:08:45,920 --> 01:08:46,799 Speaker 2: That's amazing. 1458 01:08:46,880 --> 01:08:48,759 Speaker 26: It's crazy. But I'm very appreciative. 1459 01:08:49,120 --> 01:08:51,439 Speaker 2: Well that's very good. We're appreciative of you being here, 1460 01:08:51,600 --> 01:08:53,519 Speaker 2: so so so hit the Russell? Do you call it 1461 01:08:53,560 --> 01:08:54,280 Speaker 2: the Russell? 1462 01:08:54,600 --> 01:08:57,639 Speaker 26: Actually I do now thanks to you. It's called the Russell. 1463 01:08:58,960 --> 01:09:00,679 Speaker 2: Hit the Russell? And what are you playing? 1464 01:09:00,680 --> 01:09:03,240 Speaker 15: By the way, it's called two friends And I haven't 1465 01:09:03,280 --> 01:09:04,840 Speaker 15: warmed up, but I'm just gonna. 1466 01:09:04,640 --> 01:09:07,360 Speaker 26: You go in there. You'll be brill with thirty nine seconds. 1467 01:09:07,400 --> 01:09:07,719 Speaker 11: I wanted. 1468 01:09:07,720 --> 01:09:10,439 Speaker 2: You're a judge on Australian All yeah, exactly what are 1469 01:09:10,439 --> 01:09:12,240 Speaker 2: you doing on Australia? You bust someone out when it's 1470 01:09:12,240 --> 01:09:13,640 Speaker 2: no good? Is that what you're doing. 1471 01:09:13,760 --> 01:09:17,160 Speaker 15: No, you just work, you navigate your nose and yes's 1472 01:09:17,240 --> 01:09:18,599 Speaker 15: and it's it's really hard. 1473 01:09:18,680 --> 01:09:22,439 Speaker 2: Actually, yeah, well I'm going to be your Australian New 1474 01:09:22,520 --> 01:09:24,200 Speaker 2: Zealand idol. Judge right, I'm not gonna look at you 1475 01:09:24,320 --> 01:09:26,320 Speaker 2: ladies and gentlemen. Amy Shark. 1476 01:09:27,600 --> 01:09:36,840 Speaker 11: M just had a crazy flashback of a night where 1477 01:09:37,000 --> 01:09:40,240 Speaker 11: you were saying words that we know weren't right, and 1478 01:09:40,280 --> 01:09:44,400 Speaker 11: I feel like things never been the same between us. 1479 01:09:45,240 --> 01:09:46,240 Speaker 26: Who gives it? 1480 01:09:46,400 --> 01:09:52,640 Speaker 27: Damn we made our I like everyone who asked me 1481 01:09:52,960 --> 01:09:59,040 Speaker 27: about that night, and you try to play cool cuckoo choo. 1482 01:10:01,720 --> 01:10:02,880 Speaker 2: Maybe we could. 1483 01:10:02,640 --> 01:10:07,480 Speaker 11: Find a nice place somewhere in the middle of secrets 1484 01:10:07,520 --> 01:10:08,000 Speaker 11: and love. 1485 01:10:08,600 --> 01:10:12,519 Speaker 27: Maybe there could be a little romance between friends who 1486 01:10:12,560 --> 01:10:17,000 Speaker 27: are falling in love. And maybe you could stay at 1487 01:10:17,200 --> 01:10:20,920 Speaker 27: my place. No one's ever a home, man, I'll lock 1488 01:10:21,080 --> 01:10:24,479 Speaker 27: up the gate. I wish we could tell the whole 1489 01:10:24,520 --> 01:10:29,000 Speaker 27: world two friends who are fallen and fallen in love. 1490 01:10:35,000 --> 01:10:37,320 Speaker 11: Today was just one of those days. 1491 01:10:37,360 --> 01:10:39,840 Speaker 27: What a bitch, just to think I gotta wake up 1492 01:10:39,880 --> 01:10:43,240 Speaker 27: and do it all again, and you're all stressed out, 1493 01:10:43,840 --> 01:10:44,280 Speaker 27: don't know. 1494 01:10:44,240 --> 01:10:45,080 Speaker 28: Who to trust? 1495 01:10:45,520 --> 01:10:48,519 Speaker 27: Is everyone gonna find out about us? 1496 01:10:48,680 --> 01:10:49,559 Speaker 13: I don't know. 1497 01:10:50,240 --> 01:10:55,080 Speaker 27: I don't care, and I don't regret one second of it, 1498 01:10:56,960 --> 01:11:01,040 Speaker 27: So let's try to play it COOLO, who could choose 1499 01:11:01,439 --> 01:11:07,400 Speaker 27: my baby? Maybe we could find a nice place somewhere 1500 01:11:07,400 --> 01:11:09,759 Speaker 27: in the middle of secrets and love. 1501 01:11:10,280 --> 01:11:14,160 Speaker 28: Maybe there could be a little romance between friends who 1502 01:11:14,200 --> 01:11:19,519 Speaker 28: are falling in love. Maybe you could stay in my place. 1503 01:11:20,360 --> 01:11:23,160 Speaker 28: No one's at home. Then I'll lock up the game. 1504 01:11:23,760 --> 01:11:27,360 Speaker 27: I wish we could tell the whole world to friends 1505 01:11:27,439 --> 01:11:30,160 Speaker 27: who were falling and falling in love. 1506 01:11:31,000 --> 01:11:37,759 Speaker 9: Heo hoo. 1507 01:11:42,240 --> 01:11:42,280 Speaker 20: To. 1508 01:11:42,479 --> 01:11:46,160 Speaker 28: Sarah told Becky, and Becky told Tigan and Tea and 1509 01:11:46,280 --> 01:11:47,879 Speaker 28: told see. 1510 01:11:47,760 --> 01:11:51,759 Speaker 19: It's friends with Crystal, and Crystal told Sally, Sally loves 1511 01:11:51,840 --> 01:11:55,600 Speaker 19: Daniel and Daniel told Katie and Katie flipping hates me, 1512 01:11:55,880 --> 01:12:00,360 Speaker 19: Sarah told Becky, Becky told Tigan, Teaking told so Sophie, 1513 01:12:00,439 --> 01:12:04,240 Speaker 19: and Sophie stands with Crystal. Crystal told Sally and Sally 1514 01:12:04,400 --> 01:12:08,640 Speaker 19: loves Daniel, and Daniel told Katie and HATI hates me. 1515 01:12:09,680 --> 01:12:13,400 Speaker 26: Maybe we could find a nice place. So we're in 1516 01:12:13,479 --> 01:12:15,639 Speaker 26: the middle of secrets and love. 1517 01:12:16,120 --> 01:12:19,920 Speaker 27: Maybe there could be a little romance between friends who 1518 01:12:20,000 --> 01:12:21,519 Speaker 27: were falling in love. 1519 01:12:22,680 --> 01:12:25,200 Speaker 26: Maybe you could stay in my place. 1520 01:12:25,920 --> 01:12:27,760 Speaker 27: No one's a whole man'll. 1521 01:12:27,560 --> 01:12:28,599 Speaker 26: Lock up game. 1522 01:12:29,120 --> 01:12:32,759 Speaker 28: I wish we could tell the whole world to friends 1523 01:12:32,800 --> 01:12:35,559 Speaker 28: who were falling and falling in love. 1524 01:12:36,360 --> 01:12:42,640 Speaker 21: Whoa go. 1525 01:12:44,840 --> 01:12:48,280 Speaker 27: To friends who are falling falling in love? 1526 01:12:55,560 --> 01:12:56,599 Speaker 2: You can come back next week. 1527 01:12:56,880 --> 01:12:57,599 Speaker 26: Thank you very much. 1528 01:12:57,920 --> 01:13:01,240 Speaker 2: Round lovely to meet you and talk with you. Go well, 1529 01:13:01,280 --> 01:13:02,400 Speaker 2: good luck with the old and good luck with the 1530 01:13:02,439 --> 01:13:03,760 Speaker 2: two later on this year. Nice to see. 1531 01:13:03,800 --> 01:13:05,120 Speaker 26: Thank you so much. Thanks for the chout. 1532 01:13:05,320 --> 01:13:05,640 Speaker 10: Are you me? 1533 01:13:05,800 --> 01:13:07,160 Speaker 2: Shark eight twenty three. 1534 01:13:08,120 --> 01:13:12,400 Speaker 1: On my Costel Breakfast with Bailey's real Estate News Talk sivvy. 1535 01:13:13,400 --> 01:13:17,800 Speaker 2: A twenty six Good feedback, Mike, pretty frickin' good far out. 1536 01:13:17,960 --> 01:13:21,400 Speaker 2: That was beautiful, Thank you Nick, best yet love it gorgeous. 1537 01:13:21,880 --> 01:13:24,120 Speaker 2: You can definitely hear the Blink influence and Amy's voice 1538 01:13:24,120 --> 01:13:27,559 Speaker 2: and style wonderful, beautiful picking and fabulous voice with elements 1539 01:13:27,560 --> 01:13:32,320 Speaker 2: of Alana's Morris sette. Wow, that's her voice. Since Hobby's 1540 01:13:32,320 --> 01:13:33,840 Speaker 2: from Wellington, can we claim her as a key we 1541 01:13:33,920 --> 01:13:37,360 Speaker 2: fair point? She's awesome. Mike Magic interview so down to 1542 01:13:37,439 --> 01:13:39,240 Speaker 2: worth and new music is so easy. Listen to make 1543 01:13:39,280 --> 01:13:41,160 Speaker 2: sure you have her on your show again please I 1544 01:13:41,200 --> 01:13:43,680 Speaker 2: think we will, James, So I appreciate your feedback. Some 1545 01:13:43,840 --> 01:13:46,519 Speaker 2: scandal is brewing or has brewed and has been brewing 1546 01:13:46,600 --> 01:13:49,280 Speaker 2: for a while in Wales, and the first Minister, and 1547 01:13:49,320 --> 01:13:52,000 Speaker 2: if you follow Welsh politics, and who doesn't, the first 1548 01:13:52,040 --> 01:13:53,760 Speaker 2: Minister's been there for about three and a half minutes 1549 01:13:53,760 --> 01:13:54,599 Speaker 2: and all of a sudden he's. 1550 01:13:54,520 --> 01:13:54,880 Speaker 14: Had to quit. 1551 01:13:55,000 --> 01:13:56,719 Speaker 2: Rod Little all over this, and of course the King's 1552 01:13:56,720 --> 01:13:59,360 Speaker 2: speech overnight as Keir Starmer outlines what he's going to 1553 01:13:59,400 --> 01:14:02,559 Speaker 2: be doing over the next five years. Rod Little after 1554 01:14:02,600 --> 01:14:03,559 Speaker 2: the News, which. 1555 01:14:03,520 --> 01:14:04,160 Speaker 23: Is next. 1556 01:14:21,720 --> 01:14:25,960 Speaker 1: Your trusted source for news and views. The Mike Hosking 1557 01:14:26,040 --> 01:14:29,599 Speaker 1: Breakfast with Jaguar The Art of performance news. 1558 01:14:29,479 --> 01:14:32,280 Speaker 2: Talks had been well Amy Shark feedback, Mike, why can 1559 01:14:32,320 --> 01:14:34,280 Speaker 2: people like Amy do that? And people like me can't 1560 01:14:34,280 --> 01:14:36,320 Speaker 2: cooker canna beans without burning them? And that Chris is 1561 01:14:36,320 --> 01:14:38,960 Speaker 2: the rich tapestry of life. I'm afraid, Mike. Why does 1562 01:14:39,000 --> 01:14:41,719 Speaker 2: fog at Auckland Airport only stop internal flights not international? 1563 01:14:41,800 --> 01:14:44,400 Speaker 2: Glen's very good question. The answer is ILS or instrument 1564 01:14:44,560 --> 01:14:48,200 Speaker 2: landing system. They're mainly the domain of the big commercial 1565 01:14:48,240 --> 01:14:51,120 Speaker 2: airliners and so therefore that's why the domestic flights means 1566 01:14:51,200 --> 01:14:53,400 Speaker 2: nothing stopping you're putting one on. But I'm assuming cost 1567 01:14:53,439 --> 01:14:56,040 Speaker 2: prevents the most smaller or domestic flights don't have them, 1568 01:14:56,680 --> 01:14:59,280 Speaker 2: so the ils will get you through the fog Jetstar 1569 01:14:59,479 --> 01:15:02,479 Speaker 2: which I'm uming doesn't. One of the flights delayed this 1570 01:15:02,600 --> 01:15:04,760 Speaker 2: morning is a flight to Sydney. So it depends whether 1571 01:15:04,800 --> 01:15:06,400 Speaker 2: the planes and the big planes tend to have it 1572 01:15:06,479 --> 01:15:08,360 Speaker 2: and the smaller planes don't, is your answer? 1573 01:15:08,439 --> 01:15:13,200 Speaker 17: Twenty three to nine, International correspondence with Insneye Insurance Peace 1574 01:15:13,240 --> 01:15:14,960 Speaker 17: of Mind for New Zealand business. 1575 01:15:14,760 --> 01:15:16,200 Speaker 14: Wouldn't we go? Roderick? 1576 01:15:16,280 --> 01:15:17,519 Speaker 2: A very good morning to you, my friend. 1577 01:15:17,680 --> 01:15:18,880 Speaker 23: Good volunt So. 1578 01:15:19,000 --> 01:15:21,120 Speaker 2: Having watched a bit of the King's speech, I noticed 1579 01:15:21,160 --> 01:15:24,000 Speaker 2: he snapped at a page boy, thus once again reincurring 1580 01:15:24,080 --> 01:15:26,840 Speaker 2: the wrath of the wider world that he's a little 1581 01:15:26,840 --> 01:15:29,519 Speaker 2: bit grumpy. There were thirty there were thirty nine bills. 1582 01:15:29,560 --> 01:15:31,000 Speaker 2: What did we get out of it? What did we 1583 01:15:31,120 --> 01:15:32,800 Speaker 2: learn about the Labor Party and the way they're going 1584 01:15:32,840 --> 01:15:33,479 Speaker 2: to run the country? 1585 01:15:34,720 --> 01:15:40,000 Speaker 23: I think we've learned that quite a contraire to what 1586 01:15:40,680 --> 01:15:44,040 Speaker 23: some of the right wingers were worried about prior to 1587 01:15:46,080 --> 01:15:48,799 Speaker 23: the election day, which is that actually we were ushering 1588 01:15:48,920 --> 01:15:52,600 Speaker 23: in an extremely left wing party which was going to 1589 01:15:52,680 --> 01:15:56,720 Speaker 23: tear the country apart with its taxes and with its 1590 01:15:57,880 --> 01:16:01,880 Speaker 23: with its wokeism that actually they've restrained themselves quite a 1591 01:16:02,000 --> 01:16:04,920 Speaker 23: bit from that position. Indeed, one of the first things, 1592 01:16:04,960 --> 01:16:09,240 Speaker 23: for example, is that in the manifesto there was a 1593 01:16:09,320 --> 01:16:13,400 Speaker 23: commitment to lower the voting age to accomnable. There was 1594 01:16:13,560 --> 01:16:16,599 Speaker 23: seventeen or sixteen, to be honest, Mike, the year sixteen. 1595 01:16:17,160 --> 01:16:21,200 Speaker 23: It could well have been six. You know, the left 1596 01:16:21,280 --> 01:16:26,479 Speaker 23: wing worldwide, of course wish for voting ages to be 1597 01:16:26,600 --> 01:16:30,280 Speaker 23: reduced because younger people tend to vote for the left. 1598 01:16:30,360 --> 01:16:32,720 Speaker 23: That's not quite true in parts of Europe, but it's 1599 01:16:33,120 --> 01:16:35,439 Speaker 23: true in Britain, and I think it's true in New 1600 01:16:35,520 --> 01:16:39,680 Speaker 23: Zealand as well. And there was none of that. What 1601 01:16:39,840 --> 01:16:44,000 Speaker 23: you saw instead was a kind of a program of 1602 01:16:44,120 --> 01:16:49,240 Speaker 23: pragmatism about getting Britain building building houses, investing in an 1603 01:16:49,400 --> 01:16:55,280 Speaker 23: industry and nationalizing the rail companies, all of which frankly 1604 01:16:56,040 --> 01:17:00,639 Speaker 23: plays very very well with the electorate. I don't think 1605 01:17:00,680 --> 01:17:02,120 Speaker 23: it was a bad king speech at all. 1606 01:17:02,600 --> 01:17:05,439 Speaker 2: The pound I noticed in a one year high based 1607 01:17:05,520 --> 01:17:08,479 Speaker 2: on the fact that they see stability in a labor party. 1608 01:17:08,479 --> 01:17:10,360 Speaker 2: Who would have thought the market likes labor. 1609 01:17:12,040 --> 01:17:15,200 Speaker 23: Well, you would think the market likes labor if you 1610 01:17:15,280 --> 01:17:18,520 Speaker 23: had endured the last six to eight years of Conservative 1611 01:17:18,640 --> 01:17:22,720 Speaker 23: rule because at least there is a degree of continuity, 1612 01:17:23,439 --> 01:17:28,360 Speaker 23: which is what markets like, and markets always markets also 1613 01:17:28,800 --> 01:17:31,960 Speaker 23: disliked disruption, which is of course, of course what you've 1614 01:17:32,000 --> 01:17:34,719 Speaker 23: got with Liz Trust when she became the Prime Minister 1615 01:17:35,240 --> 01:17:40,919 Speaker 23: and in the space of forty nine days wiped billions 1616 01:17:41,000 --> 01:17:45,000 Speaker 23: of shares and ensure that you know, no one was 1617 01:17:45,040 --> 01:17:47,960 Speaker 23: ever doing about later Conservative again for a very very 1618 01:17:48,040 --> 01:17:52,840 Speaker 23: long time. So I think that's exactly it, Mike, what 1619 01:17:53,000 --> 01:17:57,439 Speaker 23: you're saying, which is the King speech put forward a 1620 01:17:57,560 --> 01:18:02,880 Speaker 23: platform which was purely man teer reel, which was kind 1621 01:18:02,960 --> 01:18:06,600 Speaker 23: of corporate, and which was absolutely in line with what 1622 01:18:06,720 --> 01:18:10,040 Speaker 23: the markets would like, and it left out all the 1623 01:18:10,160 --> 01:18:13,920 Speaker 23: stuff which people have been jumping up and down and 1624 01:18:13,960 --> 01:18:15,519 Speaker 23: saying they're going to do this, They're going to do that. 1625 01:18:15,920 --> 01:18:16,799 Speaker 23: None of that happened. 1626 01:18:16,880 --> 01:18:18,840 Speaker 2: I'm looking at things like the Crime and Policing Bill, 1627 01:18:18,920 --> 01:18:21,320 Speaker 2: the Terrorism Protection of Premises Bill, the Victims, Courts and 1628 01:18:21,360 --> 01:18:24,760 Speaker 2: Public Protection Bill, a border security, asylum immigration bill. Do 1629 01:18:24,960 --> 01:18:28,240 Speaker 2: they run the risk of coming unstuck on some of 1630 01:18:28,280 --> 01:18:31,040 Speaker 2: the stuff you might think a left leaning government would 1631 01:18:31,040 --> 01:18:32,880 Speaker 2: be a bit soft on, in other words, leading prisoners 1632 01:18:32,880 --> 01:18:34,880 Speaker 2: out of jail and too many boats arriving on the shore. 1633 01:18:34,920 --> 01:18:39,160 Speaker 2: Despite the fact that they allegedly promised to fix it on. 1634 01:18:39,320 --> 01:18:42,080 Speaker 23: The crime and justice, I think they have a degree 1635 01:18:42,120 --> 01:18:46,679 Speaker 23: of leeway, which is that, without question, the Conservative government 1636 01:18:46,840 --> 01:18:51,559 Speaker 23: over the last six to eight years hasn't concentrated its 1637 01:18:51,720 --> 01:18:55,040 Speaker 23: mind to attention on what we're doing with our prisoners 1638 01:18:55,120 --> 01:18:59,760 Speaker 23: and where they're meant to live. So you could only 1639 01:18:59,840 --> 01:19:02,040 Speaker 23: go along so far by saying it was all the 1640 01:19:02,120 --> 01:19:05,600 Speaker 23: tourries fold, but actually probably on prisons, it is the 1641 01:19:05,680 --> 01:19:10,120 Speaker 23: tourists fole. And you know what they're what they're planning 1642 01:19:10,200 --> 01:19:16,320 Speaker 23: to do is is actually by by by Labor Party standards, 1643 01:19:16,400 --> 01:19:19,519 Speaker 23: quite right wing, which is saying that foreign offenders who 1644 01:19:19,560 --> 01:19:21,560 Speaker 23: have been sentenced to prison will be deported back to 1645 01:19:21,600 --> 01:19:25,200 Speaker 23: their countries. Well good, you know that is a that 1646 01:19:25,360 --> 01:19:29,559 Speaker 23: is a populist thing to do. I think they will 1647 01:19:29,720 --> 01:19:33,040 Speaker 23: come into trouble, into into a great deal of trouble 1648 01:19:33,479 --> 01:19:39,599 Speaker 23: on migration, which was one of the kind of slightly 1649 01:19:39,800 --> 01:19:42,479 Speaker 23: hidden issues in the last election. In the election two 1650 01:19:42,520 --> 01:19:45,519 Speaker 23: weeks ago, they do not have a plan for what 1651 01:19:45,720 --> 01:19:48,080 Speaker 23: to do with the immigrants who are coming over in 1652 01:19:48,160 --> 01:19:51,760 Speaker 23: boats from the Channel. They say they're going to fight 1653 01:19:52,160 --> 01:19:56,880 Speaker 23: the traffickers. But we were all fighting the traffickers, you know, 1654 01:19:57,040 --> 01:19:58,719 Speaker 23: under the Tory government. It happens. 1655 01:19:58,800 --> 01:20:01,719 Speaker 2: Give us a quick word on on Wales. Vaughn Getting 1656 01:20:02,000 --> 01:20:03,680 Speaker 2: is gone. He's only been in the job about three 1657 01:20:03,720 --> 01:20:05,600 Speaker 2: and a half minutes. How big a scandal is this? 1658 01:20:05,960 --> 01:20:07,280 Speaker 2: And two is there a snap election? 1659 01:20:09,760 --> 01:20:11,960 Speaker 23: I don't know if it's a snap election, won't getting 1660 01:20:13,120 --> 01:20:17,479 Speaker 23: Getting was utterly hopeless. And what we've seen over the 1661 01:20:17,600 --> 01:20:20,240 Speaker 23: last two or three months is the repealing or the 1662 01:20:20,360 --> 01:20:25,000 Speaker 23: rowing back on a number of proposals which and enaction 1663 01:20:25,560 --> 01:20:30,439 Speaker 23: enactments which Getting put forward. They are in real trouble 1664 01:20:30,479 --> 01:20:35,560 Speaker 23: in Wales, much as they have been previously ten or 1665 01:20:35,640 --> 01:20:40,000 Speaker 23: twelve years ago in Scotland, that they have a captive 1666 01:20:40,080 --> 01:20:43,360 Speaker 23: population which has finally worked out that there've been no 1667 01:20:43,600 --> 01:20:49,599 Speaker 23: use whatsoever over their entire tenure, and Getting is an 1668 01:20:49,640 --> 01:20:53,559 Speaker 23: exemplar of that. What happens next will be interesting, being 1669 01:20:53,640 --> 01:20:56,680 Speaker 23: interesting to see it as an election. It will be 1670 01:20:56,760 --> 01:21:00,000 Speaker 23: interesting to see who the Labor Party puts forward because 1671 01:21:00,080 --> 01:21:02,680 Speaker 23: us one of the biggest things which Richie Sunak have 1672 01:21:02,800 --> 01:21:06,000 Speaker 23: to go on during that last election was if you 1673 01:21:06,280 --> 01:21:10,479 Speaker 23: want a labor government in Great Britain, look at what 1674 01:21:10,600 --> 01:21:13,760 Speaker 23: they've done in Wales. And in Wales the National Health 1675 01:21:13,800 --> 01:21:17,480 Speaker 23: Services worse than it is in England, worse even in Scotland. 1676 01:21:19,000 --> 01:21:24,719 Speaker 23: There have been loads of virtue signaling Green Agenda stuff 1677 01:21:25,240 --> 01:21:28,120 Speaker 23: limiting drivers to driving at twenty miles per hour which 1678 01:21:28,120 --> 01:21:33,280 Speaker 23: has just been repealed this week, and crime policing all 1679 01:21:33,439 --> 01:21:38,080 Speaker 23: worse than England. So it's been a litany of catastrophe 1680 01:21:38,680 --> 01:21:42,400 Speaker 23: for what was quite a left leaning labor government in Wales. 1681 01:21:42,560 --> 01:21:47,080 Speaker 23: And here's my guest, Mike. I think that Kerstarmer is 1682 01:21:47,120 --> 01:21:49,639 Speaker 23: probably rather glad that get things. 1683 01:21:49,439 --> 01:21:50,120 Speaker 14: On the way out. 1684 01:21:50,320 --> 01:21:51,720 Speaker 2: Good on your mit, you have a good weekend, well 1685 01:21:51,720 --> 01:21:54,000 Speaker 2: look forward to on next Tuesday. Rod Little in the 1686 01:21:54,160 --> 01:22:00,320 Speaker 2: UK sixteen to nine. Away from my material, it's for 1687 01:22:00,400 --> 01:22:03,240 Speaker 2: sky City this morning. This has been ongoing and it's 1688 01:22:03,840 --> 01:22:06,760 Speaker 2: been a dispute between the Department of Internal Affairs, who 1689 01:22:06,840 --> 01:22:09,400 Speaker 2: made an application to the New Zealand Gaming Commission a 1690 01:22:09,479 --> 01:22:13,560 Speaker 2: while back to suspend sky City's license because they identified 1691 01:22:13,600 --> 01:22:17,200 Speaker 2: failings in their host responsibility program. That's the bit we've 1692 01:22:17,280 --> 01:22:20,519 Speaker 2: known about. So they've withdrawn that this morning based on 1693 01:22:20,600 --> 01:22:22,160 Speaker 2: the fact that they've cut a deal or a deal 1694 01:22:22,280 --> 01:22:26,360 Speaker 2: or an arrangements has come to be agreed to and 1695 01:22:26,439 --> 01:22:31,000 Speaker 2: sky City listen to this, have agreed to close it's 1696 01:22:31,040 --> 01:22:34,680 Speaker 2: sky City Auckland casino for five consecutive days. So I 1697 01:22:34,760 --> 01:22:38,240 Speaker 2: mean the material impact is I would imagine it's enormous 1698 01:22:38,720 --> 01:22:40,840 Speaker 2: for what it's worth. The hotels, the restaurants, the bars, 1699 01:22:40,880 --> 01:22:42,439 Speaker 2: the skytower, all that sort of stuff. So if you 1700 01:22:42,479 --> 01:22:43,880 Speaker 2: want to do a bungee jump off the sky tower, 1701 01:22:43,920 --> 01:22:46,479 Speaker 2: don't worry. That'll still be open. But the gambling floors, 1702 01:22:46,560 --> 01:22:49,519 Speaker 2: the gaming floors will be closed for five days. That 1703 01:22:49,680 --> 01:22:54,679 Speaker 2: is that is quite the arrangement, Callum Mallett, who runs 1704 01:22:54,720 --> 01:22:58,160 Speaker 2: the place. The failings are significant. The company is rightly 1705 01:22:58,360 --> 01:23:01,439 Speaker 2: rightfully being held to account failed to protect people from 1706 01:23:01,560 --> 01:23:05,840 Speaker 2: gambling harm. Their chair guy called Julian Cook, says, the board, 1707 01:23:05,880 --> 01:23:08,840 Speaker 2: the executive, the entire team are wholly committed to doing 1708 01:23:08,960 --> 01:23:13,040 Speaker 2: better and building back trust. But when you've landed yourself 1709 01:23:13,080 --> 01:23:15,880 Speaker 2: on that level of trouble, that are trust to build back? 1710 01:23:16,360 --> 01:23:19,479 Speaker 2: Speaking of trust, consumer New Zealand, answer me this one. 1711 01:23:19,640 --> 01:23:22,000 Speaker 2: I mean it's easy pickings for them. This morning they're 1712 01:23:22,000 --> 01:23:23,880 Speaker 2: packing once again on Air New Zealand. Can you pick 1713 01:23:23,920 --> 01:23:25,519 Speaker 2: on air New Zealand? Is it easy to do so? 1714 01:23:25,720 --> 01:23:27,320 Speaker 2: Do lots of people do it. Yes, you do. If 1715 01:23:27,320 --> 01:23:28,960 Speaker 2: I wanted to fill up the text machine, just let 1716 01:23:29,000 --> 01:23:30,760 Speaker 2: that I go. Hey, tell us about the time you 1717 01:23:30,840 --> 01:23:32,800 Speaker 2: felt you got ripped off when you booked an airtaket. Right, 1718 01:23:32,840 --> 01:23:34,040 Speaker 2: that's the end of the beginning, of the middle and 1719 01:23:34,040 --> 01:23:36,280 Speaker 2: the end of that. So everyone can pick on Air 1720 01:23:36,320 --> 01:23:39,640 Speaker 2: New Zealand. Their claim consumers this morning is they went 1721 01:23:39,720 --> 01:23:42,720 Speaker 2: and compared fares for eleven Air New Zealand flights in 1722 01:23:42,760 --> 01:23:45,479 Speaker 2: twenty twenty three and twenty twenty four and their equivalent 1723 01:23:45,520 --> 01:23:47,800 Speaker 2: flights taken from twenty nineteen to twenty twenty one. In 1724 01:23:47,880 --> 01:23:51,320 Speaker 2: other words, prior to COVID, all flights bar one more 1725 01:23:51,400 --> 01:23:54,479 Speaker 2: expensive three or four years later anywhere between thirty four 1726 01:23:54,560 --> 01:23:57,120 Speaker 2: percent and two hundred and ninety seven percent. Now thirty 1727 01:23:57,160 --> 01:23:59,880 Speaker 2: four When you're talking something from twenty nineteen to twenty 1728 01:24:00,000 --> 01:24:03,120 Speaker 2: twenty four, we all know what's happened to inflation. Forget 1729 01:24:03,120 --> 01:24:05,920 Speaker 2: whether you like here in New Zealand or not. Everything 1730 01:24:06,080 --> 01:24:08,000 Speaker 2: I would argue has gone up at least thirty four 1731 01:24:08,040 --> 01:24:11,160 Speaker 2: percent in the last four or five years. Two hundred 1732 01:24:11,160 --> 01:24:13,599 Speaker 2: and ninety seven percent not so much. But here's one 1733 01:24:13,640 --> 01:24:17,679 Speaker 2: of their examples. A flight for a family of four 1734 01:24:18,360 --> 01:24:22,680 Speaker 2: from Sydney to Palmerston North. Not exactly one of the 1735 01:24:22,760 --> 01:24:25,920 Speaker 2: main trunk operators. It's not London to New York, is it? 1736 01:24:26,439 --> 01:24:29,479 Speaker 2: So a family of four Sydney to Palmeston North. Now, 1737 01:24:29,560 --> 01:24:31,759 Speaker 2: prior to COVID, it was going to cost you thirteen 1738 01:24:31,880 --> 01:24:34,560 Speaker 2: hundred and seventy two. Today it's thirty four hundred and 1739 01:24:34,600 --> 01:24:37,360 Speaker 2: fifty one dollars. So that, come on, how long abode 1740 01:24:37,360 --> 01:24:38,120 Speaker 2: do you want to draw on that? 1741 01:24:38,200 --> 01:24:38,360 Speaker 14: One? 1742 01:24:38,680 --> 01:24:42,559 Speaker 2: Better example? Christ Church to Dunedin return with five weeks 1743 01:24:42,680 --> 01:24:45,040 Speaker 2: lead in time, So back in twenty twenty that would 1744 01:24:45,080 --> 01:24:47,960 Speaker 2: have cost you one hundred and twenty three bucks. Last 1745 01:24:48,040 --> 01:24:49,559 Speaker 2: year it would cost you three hundred and forty four 1746 01:24:49,800 --> 01:24:52,599 Speaker 2: almost three times as much. Wellington to Dunedin two people, 1747 01:24:52,680 --> 01:24:55,720 Speaker 2: one bag four hundred and eighty seven dollars in twenty 1748 01:24:55,800 --> 01:24:57,800 Speaker 2: twenty nine hundred and seventy dollars. So there's no question 1749 01:24:57,920 --> 01:24:59,639 Speaker 2: the price has gone up. What they're looking to achieve 1750 01:24:59,680 --> 01:25:02,200 Speaker 2: by this, I don't know, because Air New Zealand will 1751 01:25:02,200 --> 01:25:03,600 Speaker 2: come back with a well, yeah, have you seen the 1752 01:25:03,640 --> 01:25:06,240 Speaker 2: price of jet fuel? Have you seen the price of labor? 1753 01:25:06,479 --> 01:25:08,400 Speaker 20: Have you seen how many people are wanting to go 1754 01:25:08,479 --> 01:25:10,160 Speaker 20: from Sydney to Parmerson Northeast days. 1755 01:25:10,800 --> 01:25:12,760 Speaker 2: The Parmas of North Sydney route has just gone off. 1756 01:25:12,920 --> 01:25:15,160 Speaker 2: I mean the capacity demand, we just can't match it. 1757 01:25:15,240 --> 01:25:17,040 Speaker 20: Well, I think they're talking about the brain drain from 1758 01:25:17,040 --> 01:25:18,559 Speaker 20: Sydney to Parmaston north over there. 1759 01:25:18,720 --> 01:25:21,320 Speaker 2: No one's made that link until just now, nine minutes 1760 01:25:21,320 --> 01:25:22,200 Speaker 2: away from nine. 1761 01:25:22,800 --> 01:25:27,080 Speaker 1: The my Costle breakfast with a Feeder Retirement Communities News 1762 01:25:27,160 --> 01:25:27,720 Speaker 1: togs V. 1763 01:25:28,120 --> 01:25:30,200 Speaker 2: One of the issues of the age is there's always 1764 01:25:30,240 --> 01:25:32,920 Speaker 2: a new story at the moment about increasingly cunning scammers 1765 01:25:33,640 --> 01:25:36,080 Speaker 2: taking advantage of vulnerable New Zealanders, whether that be through 1766 01:25:36,120 --> 01:25:38,800 Speaker 2: you know, calls, text emails, fake websites, all that stuff. Anyway, 1767 01:25:38,840 --> 01:25:41,639 Speaker 2: A and Z, in partnership with Age Concerned New Zealand 1768 01:25:41,680 --> 01:25:44,160 Speaker 2: are encouraging all keywis to be on patrol force scams 1769 01:25:44,200 --> 01:25:46,160 Speaker 2: these days, and we're not doing it alone. From the 1770 01:25:46,479 --> 01:25:48,240 Speaker 2: from the eighties television show you might have seen this 1771 01:25:48,600 --> 01:25:52,800 Speaker 2: Chips Frank Ponchalo and John Baker, they're bringing old school 1772 01:25:52,920 --> 01:25:54,640 Speaker 2: justice to modern day scams. So what's happening? This is 1773 01:25:54,680 --> 01:25:57,360 Speaker 2: a nationwide invitation to write along while learning how to 1774 01:25:57,439 --> 01:25:59,400 Speaker 2: be more conscious, alert and aware of scammers. So what 1775 01:25:59,439 --> 01:26:01,360 Speaker 2: does this mean. It's very important to remember that you've 1776 01:26:01,360 --> 01:26:02,680 Speaker 2: got the right to Here's what. You've got the right 1777 01:26:02,760 --> 01:26:05,680 Speaker 2: to ask questions when contacted by somebody. Be cautious of 1778 01:26:05,720 --> 01:26:08,519 Speaker 2: any investment opportunity, hang up on anyone asking for urgent 1779 01:26:08,560 --> 01:26:12,080 Speaker 2: transfers of money, and of course, be suspicious of unsuspected calls, text, 1780 01:26:12,160 --> 01:26:15,000 Speaker 2: or emails. And A and Z encourages you to test 1781 01:26:15,120 --> 01:26:18,599 Speaker 2: your scam knowledge on their new Scam Academy web page. 1782 01:26:18,640 --> 01:26:20,400 Speaker 2: The web pages as follow as you're really an Z 1783 01:26:20,560 --> 01:26:24,000 Speaker 2: dot co dot in z forward slash scams A in 1784 01:26:24,160 --> 01:26:29,040 Speaker 2: z dot co dot in z forward slash scams psking, 1785 01:26:29,080 --> 01:26:30,439 Speaker 2: We've been a time to deal with this in the 1786 01:26:30,520 --> 01:26:32,080 Speaker 2: last couple of days, but I'm looking at the other 1787 01:26:32,120 --> 01:26:34,719 Speaker 2: boot camp they're going to be starting shortly the boot camps. 1788 01:26:34,840 --> 01:26:35,960 Speaker 2: Is this is this urgent or not? 1789 01:26:36,040 --> 01:26:36,240 Speaker 11: Really? 1790 01:26:36,560 --> 01:26:38,400 Speaker 2: Okay? So you just walked in here to interrupt the 1791 01:26:38,439 --> 01:26:40,479 Speaker 2: program for no particular reason. Brings a piece of paper 1792 01:26:40,560 --> 01:26:42,760 Speaker 2: in and I'm thinking, right, breaking news, breaking news. 1793 01:26:42,800 --> 01:26:45,439 Speaker 20: See nobody had to know this, no, but we we 1794 01:26:45,520 --> 01:26:47,280 Speaker 20: were just making sure that the piece of paper he 1795 01:26:47,360 --> 01:26:49,280 Speaker 20: brought you before was the correct piece of paper. 1796 01:26:49,600 --> 01:26:51,599 Speaker 2: He's bringing me the same piece of paper you've already 1797 01:26:51,600 --> 01:26:52,040 Speaker 2: given made. 1798 01:26:52,040 --> 01:26:55,400 Speaker 9: But we did not know that for sure. We were 1799 01:26:55,520 --> 01:26:57,880 Speaker 9: just chicking, and you've made a big thing about it. 1800 01:26:58,000 --> 01:26:59,759 Speaker 9: Now I was, and now you look. 1801 01:26:59,680 --> 01:27:03,680 Speaker 2: Like that anyone, like an incompetent, unprofessional can's right. 1802 01:27:03,720 --> 01:27:05,080 Speaker 9: So you did it to yourself. 1803 01:27:05,400 --> 01:27:07,280 Speaker 2: And one of the things they teach it broadcasting school 1804 01:27:07,479 --> 01:27:09,599 Speaker 2: very early on is should a person at the last 1805 01:27:09,680 --> 01:27:13,480 Speaker 2: minute Russian with a piece of paper, under no circumstances, 1806 01:27:13,520 --> 01:27:15,599 Speaker 2: do you panic and alert the audience to it because 1807 01:27:15,600 --> 01:27:17,400 Speaker 2: it could be serious breaking news and look for the 1808 01:27:17,439 --> 01:27:20,000 Speaker 2: sting and go directly to your technical director, thinking, oh 1809 01:27:20,120 --> 01:27:23,120 Speaker 2: my god, what's happening now, because it could just be 1810 01:27:23,200 --> 01:27:25,360 Speaker 2: an idiot producer who comes in with a blank piece 1811 01:27:25,360 --> 01:27:31,000 Speaker 2: of paper has already given you five minutes away from nine. 1812 01:27:31,240 --> 01:27:36,280 Speaker 7: Trending now with chemist Wells keeping Kiwi's healthy all year round. 1813 01:27:36,439 --> 01:27:39,040 Speaker 2: So Rishie has suddenly turned out to be human, lost 1814 01:27:39,080 --> 01:27:41,600 Speaker 2: his job, the power of the state, the pressure of 1815 01:27:41,640 --> 01:27:43,600 Speaker 2: running the place. Suddenly you can loosen up and be 1816 01:27:43,680 --> 01:27:45,240 Speaker 2: a bit normal that This was part of a speech 1817 01:27:45,240 --> 01:27:47,040 Speaker 2: in the Commons following the King speech. 1818 01:27:47,080 --> 01:27:49,759 Speaker 29: If I may offer some words of advice to members 1819 01:27:49,840 --> 01:27:53,759 Speaker 29: opposit on the Government benches, Life comes at you fast. 1820 01:27:55,040 --> 01:27:57,400 Speaker 29: Soon you might be fortunate enough to be tapped on 1821 01:27:57,479 --> 01:28:01,320 Speaker 29: the shoulder and offered a junior ministerial role. Then you'll 1822 01:28:01,360 --> 01:28:05,680 Speaker 29: find yourself attending cabinet, then in the cabinet, and then 1823 01:28:05,720 --> 01:28:12,360 Speaker 29: when the prime minister's position becomes untenable, you might you 1824 01:28:12,479 --> 01:28:16,360 Speaker 29: might end up being called to the highest office, and 1825 01:28:16,520 --> 01:28:19,240 Speaker 29: before you know it, you have a bright future behind 1826 01:28:19,360 --> 01:28:24,120 Speaker 29: you and you are left wondering whether you can credibly 1827 01:28:24,200 --> 01:28:26,519 Speaker 29: be an elder statesman at the age of forty four. 1828 01:28:27,120 --> 01:28:29,519 Speaker 2: And you love him. That's delightful, and I wish more 1829 01:28:29,520 --> 01:28:31,840 Speaker 2: people would learn that. Listen, be yourself in the more 1830 01:28:31,880 --> 01:28:35,040 Speaker 2: difficult times. He there was a rumor he's moving to California. 1831 01:28:35,479 --> 01:28:37,719 Speaker 2: He's not. He says he's going to spend the summer 1832 01:28:38,080 --> 01:28:41,240 Speaker 2: watching the cricket of Lord's, so good luck to him. 1833 01:28:41,400 --> 01:28:43,920 Speaker 2: I was building up to the boot camps, and I've 1834 01:28:43,960 --> 01:28:45,519 Speaker 2: got the list of what they'll be doing on the 1835 01:28:45,560 --> 01:28:47,040 Speaker 2: boot camp. It's been around for a couple. 1836 01:28:46,880 --> 01:28:49,360 Speaker 9: Of days, but we were't supposed to call them boot camps. 1837 01:28:49,400 --> 01:28:52,600 Speaker 2: Or the academies. My apologies the academies. The academies have 1838 01:28:52,680 --> 01:28:55,160 Speaker 2: got the details on the academies and they're getting up 1839 01:28:55,200 --> 01:28:57,680 Speaker 2: at six thirty in the morning. How are you going 1840 01:28:57,760 --> 01:28:58,639 Speaker 2: to straighten somebody? 1841 01:28:58,800 --> 01:28:58,920 Speaker 10: Use? 1842 01:28:59,439 --> 01:29:01,240 Speaker 2: If you're getting up at six point thirty in the morning, 1843 01:29:01,280 --> 01:29:03,720 Speaker 2: why have a sleep? And some of us get up 1844 01:29:04,680 --> 01:29:07,040 Speaker 2: at two o'clock in the morning. Look where it got us. 1845 01:29:07,040 --> 01:29:08,519 Speaker 2: It got us all insuy w and people run into 1846 01:29:08,560 --> 01:29:10,719 Speaker 2: the studio and we don't know what's happening next. Anyway, 1847 01:29:10,800 --> 01:29:11,679 Speaker 2: back tomorrow morning. 1848 01:29:11,520 --> 01:29:12,000 Speaker 23: At six. 1849 01:29:19,560 --> 01:29:21,360 Speaker 26: Fear like Gus 1850 01:29:23,760 --> 01:29:26,600 Speaker 1: For more from the Mic Asking Breakfast, listen live to 1851 01:29:26,760 --> 01:29:29,800 Speaker 1: news talks it'd be from six am weekdays, or follow 1852 01:29:29,880 --> 01:29:31,400 Speaker 1: the podcast on iHeartRadio.