1
00:00:00,280 --> 00:00:04,240
Speaker 1: New Zealand's home for trusted news and views, The mic

2
00:00:04,320 --> 00:00:08,160
Speaker 1: Hosking Breakfast with the range Rover, the la designed to

3
00:00:08,280 --> 00:00:10,160
Speaker 1: intrigue and use Togsdad Bs.

4
00:00:09,920 --> 00:00:12,119
Speaker 2: Morning and welcome today. Good news for house builders. We

5
00:00:12,200 --> 00:00:14,440
Speaker 2: got good news for Wellington as Tory Farnow quits. We

6
00:00:14,520 --> 00:00:16,720
Speaker 2: got bad news for the government as the Finance Minister

7
00:00:16,760 --> 00:00:19,720
Speaker 2: bales on a charity tax crackdown on the budget. Richard

8
00:00:19,800 --> 00:00:22,760
Speaker 2: Quest on Trump's one hundred days in tariffs. Gatherine Field

9
00:00:22,760 --> 00:00:26,720
Speaker 2: and France and Rod Little in the UK Hosky Welcome

10
00:00:26,760 --> 00:00:28,240
Speaker 2: to the day seven pass six. To tell you what,

11
00:00:28,280 --> 00:00:30,040
Speaker 2: For a while there being a tough guy was good

12
00:00:30,040 --> 00:00:32,400
Speaker 2: for the old cred, wasn't it. Victor Rawbarr, mister Malay,

13
00:00:32,479 --> 00:00:34,839
Speaker 2: mister Becally all reveled and succeeded at the polls and

14
00:00:34,880 --> 00:00:38,240
Speaker 2: their macho Trump esque persona. The world was moving away

15
00:00:38,240 --> 00:00:40,519
Speaker 2: from me too and progressivism that had been a very

16
00:00:40,560 --> 00:00:44,760
Speaker 2: distinct move to conservatism, especially in parts of Europe. Being

17
00:00:45,040 --> 00:00:47,760
Speaker 2: like Trump was more often than not good for your

18
00:00:47,880 --> 00:00:52,200
Speaker 2: political aspirations. Peter Dutton had a touch of that, but sadly,

19
00:00:52,240 --> 00:00:54,640
Speaker 2: in the length of an Australian campaign, it's all changed.

20
00:00:54,680 --> 00:00:57,480
Speaker 2: The Marey's looked like Trump, took like Trump, promise policy

21
00:00:57,480 --> 00:01:00,319
Speaker 2: that sounded like Trump. The worse it's got chances by

22
00:01:00,360 --> 00:01:03,480
Speaker 2: Saturday night he'll be a loser. Meantime in Canada, who

23
00:01:03,520 --> 00:01:06,160
Speaker 2: are voting as we speak. The reason mister Carney's and

24
00:01:06,200 --> 00:01:08,959
Speaker 2: the lead is twofold one. The bloker ran the place

25
00:01:09,000 --> 00:01:11,559
Speaker 2: before him, was a progressive sap and was the victim

26
00:01:11,600 --> 00:01:13,920
Speaker 2: of a movement against the left, but also being there

27
00:01:13,959 --> 00:01:16,000
Speaker 2: for a decade, and his clock hat basically run out

28
00:01:16,000 --> 00:01:19,240
Speaker 2: but two his replacement has made much ground in the

29
00:01:19,280 --> 00:01:23,360
Speaker 2: newfound vein of political success, looking not at all like Trump,

30
00:01:23,680 --> 00:01:26,120
Speaker 2: but being tough enough to stand up to him. Mark

31
00:01:26,200 --> 00:01:28,400
Speaker 2: Carney will most likely win today, and if he does,

32
00:01:28,440 --> 00:01:30,600
Speaker 2: the fortunes of his Liberal party will be one for

33
00:01:30,640 --> 00:01:35,039
Speaker 2: the ages. The same anger, frustration, and impatience that led

34
00:01:35,040 --> 00:01:37,839
Speaker 2: Trump to victory over a hapless socialist should have played

35
00:01:37,880 --> 00:01:39,520
Speaker 2: out the same way was going to play out the

36
00:01:39,560 --> 00:01:41,520
Speaker 2: same way north of the border, and yet in the

37
00:01:41,560 --> 00:01:44,319
Speaker 2: space of a couple of months, the entire scenario has

38
00:01:44,319 --> 00:01:47,520
Speaker 2: been tipped on its head, looking like Trump, like polyev

39
00:01:47,560 --> 00:01:51,400
Speaker 2: and the Conservatives do is no longer currency. It's bad news.

40
00:01:51,640 --> 00:01:54,520
Speaker 2: They've tried desperately to direct the campaign towards the issues

41
00:01:54,520 --> 00:01:57,080
Speaker 2: that had Canadians so upset for the past ten years,

42
00:01:57,400 --> 00:01:59,920
Speaker 2: cost of living, cost of housing, jobs, But the ten

43
00:02:00,040 --> 00:02:03,520
Speaker 2: garriffs and Trump and his insults have fired them up

44
00:02:03,720 --> 00:02:07,360
Speaker 2: and often to a new direction, hating on America. Carnie

45
00:02:07,400 --> 00:02:09,959
Speaker 2: and the Liberals have seen it, grabbed it, run with it.

46
00:02:10,480 --> 00:02:14,000
Speaker 2: The last poll had a three ish point gap to them.

47
00:02:14,160 --> 00:02:19,760
Speaker 2: They've come back from twenty points down. It's astonishing. I mean,

48
00:02:19,840 --> 00:02:22,079
Speaker 2: let's do the counting later today. But if they win,

49
00:02:22,560 --> 00:02:24,640
Speaker 2: what's it say about the distaste for Trump? What's it

50
00:02:24,680 --> 00:02:27,320
Speaker 2: say about a single issue campaign? And will there have

51
00:02:27,480 --> 00:02:31,680
Speaker 2: ever been a bigger victory snatched from the jaws of defeat.

52
00:02:33,480 --> 00:02:35,919
Speaker 1: News of the world in ninety seconds.

53
00:02:35,919 --> 00:02:38,520
Speaker 2: We have times in Spain and Portugal overnight the powers

54
00:02:38,560 --> 00:02:40,520
Speaker 2: out all over the place. Trains aren't running, people are

55
00:02:40,560 --> 00:02:41,959
Speaker 2: trapped in elevators.

56
00:02:41,480 --> 00:02:45,000
Speaker 1: As well as obviously leasing Wi Fi and the cellular network.

57
00:02:45,000 --> 00:02:46,640
Speaker 2: I don't know how well you can hear me at

58
00:02:46,639 --> 00:02:46,840
Speaker 2: the moment.

59
00:02:46,960 --> 00:02:48,880
Speaker 1: The cellular network has been very sketchy.

60
00:02:49,280 --> 00:02:50,760
Speaker 2: Mayor of Madrid's got some advice.

61
00:02:52,160 --> 00:02:55,040
Speaker 3: Limit your movements, stay where you are, keep traffic lanes

62
00:02:55,040 --> 00:02:57,760
Speaker 3: free and if the emergency services don't pick up your call,

63
00:02:57,960 --> 00:03:00,200
Speaker 3: head straight to the police and fire station so he

64
00:03:00,240 --> 00:03:02,400
Speaker 3: can try and resolve things as soon as possible and

65
00:03:02,440 --> 00:03:04,239
Speaker 3: to be able to get to all the emergencies that

66
00:03:04,280 --> 00:03:04,800
Speaker 3: are happening.

67
00:03:05,120 --> 00:03:07,560
Speaker 2: It's atmospherics apparently, and they think it could go on.

68
00:03:07,600 --> 00:03:10,720
Speaker 2: Fordight are the wars? War one? White House, Full Court

69
00:03:10,760 --> 00:03:12,640
Speaker 2: Press this morning on a ceasefire from Russia.

70
00:03:12,720 --> 00:03:16,320
Speaker 4: He is increasingly frustrated with leaders of both countries. He

71
00:03:16,360 --> 00:03:20,040
Speaker 4: wants to see a permanent ceasefire. I understand Vladimir Putin

72
00:03:20,120 --> 00:03:22,919
Speaker 4: this morning offered a temporary ceasefire. The president has made

73
00:03:22,919 --> 00:03:26,120
Speaker 4: it clear he wants to see a permanent ceasefire first,

74
00:03:26,360 --> 00:03:28,240
Speaker 4: to stop the killing, stop the bloodshed.

75
00:03:28,440 --> 00:03:30,840
Speaker 2: War number two a case against Israel's being heard in

76
00:03:30,880 --> 00:03:31,400
Speaker 2: the Hague.

77
00:03:31,520 --> 00:03:34,920
Speaker 5: It is about is really destroying the fundamentals of life

78
00:03:35,240 --> 00:03:40,520
Speaker 5: in Palestine while it blocks you and and other humanitarians

79
00:03:40,560 --> 00:03:43,040
Speaker 5: from providing life saving aid to the population.

80
00:03:43,640 --> 00:03:46,080
Speaker 2: And in a Paris court, the people who allegedly grabbed

81
00:03:46,160 --> 00:03:48,240
Speaker 2: Kim Kadeshi in all those years ago ot fashion week

82
00:03:48,280 --> 00:03:49,080
Speaker 2: there on the doc It's.

83
00:03:48,960 --> 00:03:51,520
Speaker 6: A man known for some French crime reporters as old

84
00:03:51,640 --> 00:03:54,720
Speaker 6: Omar A self confessed career criminal who's sixty nine and

85
00:03:54,760 --> 00:03:58,480
Speaker 6: actually admits participating in the heights. Denis Abas, who's seventy two,

86
00:03:58,640 --> 00:04:01,560
Speaker 6: also admits playing his part, but even publishing a book

87
00:04:01,600 --> 00:04:04,280
Speaker 6: call Wait for Its Eye, kidnapped kN Kardashian.

88
00:04:04,720 --> 00:04:06,880
Speaker 2: The others, of course deny it. Are the BBC been

89
00:04:06,880 --> 00:04:10,160
Speaker 2: having a look at themselves again after the Hugh Edwards debarcle.

90
00:04:10,240 --> 00:04:14,520
Speaker 7: They tend to actually be powerful people who've taken advantage

91
00:04:14,520 --> 00:04:18,159
Speaker 7: of their power to behave badly towards more junior people,

92
00:04:18,440 --> 00:04:22,159
Speaker 7: and those junior people often are very reticent about complaining

93
00:04:22,200 --> 00:04:24,360
Speaker 7: because they know they could blight their own careers.

94
00:04:24,760 --> 00:04:27,240
Speaker 2: Finally, if you needed reminding, more evidence this morning about

95
00:04:27,440 --> 00:04:30,520
Speaker 2: ultra processed foods. The definition is foods that contain little

96
00:04:30,560 --> 00:04:33,920
Speaker 2: to know whole food and a manufacture from chemically manipulated,

97
00:04:33,960 --> 00:04:36,400
Speaker 2: cheap ingredients. Think about donuts and soft drinks and breakfas

98
00:04:36,440 --> 00:04:38,719
Speaker 2: cereals and all that crap. Anyway, new studying this morning

99
00:04:38,720 --> 00:04:41,359
Speaker 2: looked at two hundred and forty thousand people. They found

100
00:04:41,400 --> 00:04:44,760
Speaker 2: every single bite of ultra processed food raises your chance

101
00:04:44,839 --> 00:04:48,200
Speaker 2: of premature death just a ten percent increase in total calories,

102
00:04:48,200 --> 00:04:50,440
Speaker 2: so that would be the equivalent of a donut a

103
00:04:50,520 --> 00:04:54,280
Speaker 2: day for an average adult male. Donut today increases the

104
00:04:54,320 --> 00:04:56,880
Speaker 2: risk of dying prematurely by three percent. As News of

105
00:04:56,880 --> 00:04:59,360
Speaker 2: the World of warnings in ninety Speaking of warnings, Yes,

106
00:04:59,600 --> 00:05:03,440
Speaker 2: the this Portugal and Spain thing's weird. They did warn

107
00:05:03,480 --> 00:05:06,440
Speaker 2: it could happen last week. The atmosphere and the weirdness

108
00:05:06,480 --> 00:05:09,560
Speaker 2: in the in the space. It's hit them specifically, so

109
00:05:09,760 --> 00:05:12,320
Speaker 2: huge power outages. They still don't know what to do

110
00:05:12,360 --> 00:05:14,520
Speaker 2: about it. They had emergency meetings and there were people

111
00:05:14,520 --> 00:05:16,640
Speaker 2: in lips and traffic was jammed and the whole thing.

112
00:05:16,960 --> 00:05:19,280
Speaker 2: Panic buying at the supermarkets. Of course, everyone went for

113
00:05:19,320 --> 00:05:21,440
Speaker 2: toilet paper and pasta like they always do, so we

114
00:05:21,520 --> 00:05:24,360
Speaker 2: took Catherine about that later. Meantime, in Britain, they're aiming

115
00:05:24,360 --> 00:05:26,560
Speaker 2: this week for the hottest April in seven years. It

116
00:05:26,600 --> 00:05:30,040
Speaker 2: could get to stand by in London this week twenty

117
00:05:30,120 --> 00:05:32,160
Speaker 2: seven degrees twelve past six.

118
00:05:34,360 --> 00:05:39,159
Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio powered

119
00:05:39,240 --> 00:05:40,240
Speaker 1: by News Talks Evy.

120
00:05:43,279 --> 00:05:45,880
Speaker 2: I reckon puting is stringing him along. I mean, what's

121
00:05:45,960 --> 00:05:47,560
Speaker 2: the point of a three days cease fire to mark

122
00:05:47,600 --> 00:05:49,040
Speaker 2: the end of World War Two? Which is what he's

123
00:05:49,040 --> 00:05:51,320
Speaker 2: announced over night eight through eleven of May. So we're

124
00:05:51,360 --> 00:05:53,640
Speaker 2: going to end one war, stop one war? Do they

125
00:05:53,640 --> 00:05:56,400
Speaker 2: ever actually stop? Does anyone fully check whether it sees

126
00:05:56,440 --> 00:05:58,240
Speaker 2: far as the cease fire? Of course the Ukrainians say

127
00:05:58,240 --> 00:05:59,720
Speaker 2: they don't, but he claims at the moment eight through

128
00:05:59,720 --> 00:06:02,640
Speaker 2: eleven have made to Markey Ady the anniversary of the

129
00:06:02,680 --> 00:06:06,919
Speaker 2: ending of WW two fifteen past six right, I opened

130
00:06:06,960 --> 00:06:10,080
Speaker 2: JMI Wealth. It's Duesday morning, Andrew Keller Hurt, good morning,

131
00:06:10,600 --> 00:06:13,000
Speaker 2: very good morning. My speech coming from the Finance Minister

132
00:06:13,080 --> 00:06:15,279
Speaker 2: in the Hut this morning. Now the charities is interesting,

133
00:06:15,320 --> 00:06:18,200
Speaker 2: but also how tired. Her budget is potentially going to be.

134
00:06:18,320 --> 00:06:20,040
Speaker 2: I assume is going to be part of it.

135
00:06:20,600 --> 00:06:22,880
Speaker 8: Yeah, let's start the ball rolling with the budget. I

136
00:06:22,920 --> 00:06:25,400
Speaker 8: know it's early days. I know it's sort of twenty

137
00:06:25,400 --> 00:06:27,600
Speaker 8: second I've made Mike is the budget. I know it's

138
00:06:27,640 --> 00:06:30,200
Speaker 8: three weeks out, but you know, gone are the days

139
00:06:30,240 --> 00:06:32,640
Speaker 8: when everything's announced on the days, and you know, now

140
00:06:32,640 --> 00:06:35,080
Speaker 8: we get all the pre announcements and yes to say.

141
00:06:35,080 --> 00:06:37,880
Speaker 8: As we speak this morning, Nicholas Willis is preparing to

142
00:06:37,920 --> 00:06:40,520
Speaker 8: deliver a pre budget speech and lower Hut to the

143
00:06:40,600 --> 00:06:43,480
Speaker 8: Chamber of Commerce, Mike, we can only speculate on what

144
00:06:43,520 --> 00:06:46,360
Speaker 8: she will say, and because of those early days, I

145
00:06:46,360 --> 00:06:48,880
Speaker 8: suspect we won't get too much detail, but plenty of

146
00:06:48,920 --> 00:06:51,159
Speaker 8: it will be teased out over the next three weeks.

147
00:06:51,240 --> 00:06:53,480
Speaker 8: There was, though, what I want to draw attention to

148
00:06:53,520 --> 00:06:57,479
Speaker 8: this morning, Mike, is what was a seemingly innocuous announcement

149
00:06:57,640 --> 00:07:00,480
Speaker 8: last week from the New Zealand Debt Management off Now,

150
00:07:00,880 --> 00:07:03,880
Speaker 8: this could lead to some speculation about some of the

151
00:07:03,880 --> 00:07:06,880
Speaker 8: big picture aspects of the budget. Now, I could be

152
00:07:06,960 --> 00:07:10,400
Speaker 8: drawing a pretty long bow here, Mike, but let's speculate anyway.

153
00:07:10,480 --> 00:07:12,400
Speaker 8: Let's run with the logic and see how we get on.

154
00:07:12,480 --> 00:07:15,840
Speaker 8: So ends a DMO released the schedule of the New

155
00:07:15,920 --> 00:07:18,840
Speaker 8: Zealand government bond tenders for May, and there's been a

156
00:07:18,920 --> 00:07:22,280
Speaker 8: reduction in the weekly issuance of government debts. So we

157
00:07:22,320 --> 00:07:24,720
Speaker 8: get a weekly tender of government bonds. They've got to

158
00:07:24,720 --> 00:07:26,400
Speaker 8: sell so much of this stuff at the moment they

159
00:07:26,440 --> 00:07:30,040
Speaker 8: have a regular tender. Now that's been reduced from five

160
00:07:30,120 --> 00:07:33,320
Speaker 8: hundred million a week to four hundred and fifty million

161
00:07:33,320 --> 00:07:36,320
Speaker 8: a week. It doesn't seem particularly noteworthy, but it could orbit.

162
00:07:36,400 --> 00:07:39,320
Speaker 8: It could have some implications for the budget. So here's

163
00:07:39,360 --> 00:07:42,800
Speaker 8: the logic, Mic. It just seems unlikely to me that

164
00:07:42,840 --> 00:07:46,080
Speaker 8: the ends of DMO would reduce the tenders if, in fact,

165
00:07:46,120 --> 00:07:49,600
Speaker 8: the contents of the budget, be it fiscal policy or

166
00:07:49,640 --> 00:07:52,760
Speaker 8: economic forecast or fiscal forecast, if any of that would

167
00:07:52,800 --> 00:07:56,840
Speaker 8: warrant an increase in bond supply, which presumably would happen

168
00:07:57,120 --> 00:08:00,080
Speaker 8: immediately afterwards. An ends of DEMO will be pre be

169
00:08:00,200 --> 00:08:02,520
Speaker 8: to what's in the budget, one would assume, because they've

170
00:08:02,560 --> 00:08:04,760
Speaker 8: got to plan how they're going to fund the next

171
00:08:04,760 --> 00:08:05,160
Speaker 8: few years.

172
00:08:05,160 --> 00:08:05,960
Speaker 2: In other words, so.

173
00:08:06,040 --> 00:08:09,760
Speaker 8: Look, if you're prone to speculation, it suggests there won't

174
00:08:09,800 --> 00:08:12,200
Speaker 8: be the need for more government bonds as a result

175
00:08:12,280 --> 00:08:17,240
Speaker 8: of the budget, So future depthsits aren't going to get worse. Now, Yeah,

176
00:08:17,240 --> 00:08:19,640
Speaker 8: if that's the outcome, it's great, particularly this little bond

177
00:08:19,680 --> 00:08:21,480
Speaker 8: markets are pretty volatile at the moment, Mike, and you

178
00:08:21,480 --> 00:08:23,000
Speaker 8: don't want to be you don't want to be funding

179
00:08:23,120 --> 00:08:25,880
Speaker 8: when you don't have to. Tax receipts have been running

180
00:08:25,920 --> 00:08:26,679
Speaker 8: ahead of forecast.

181
00:08:26,840 --> 00:08:28,240
Speaker 9: Well, look, look it's speculation.

182
00:08:28,400 --> 00:08:30,080
Speaker 8: Might let's see what the minister has to say, but

183
00:08:30,240 --> 00:08:30,920
Speaker 8: who knows.

184
00:08:31,120 --> 00:08:33,720
Speaker 2: All Right, how we go yesterday we're playing catch up.

185
00:08:34,200 --> 00:08:36,240
Speaker 8: We were playing catch so we had Friday off work.

186
00:08:36,400 --> 00:08:39,640
Speaker 8: That meant that offstall markets had two trading sessions for

187
00:08:39,840 --> 00:08:42,360
Speaker 8: the Australasian sort of markets to catch up on, so

188
00:08:42,440 --> 00:08:45,080
Speaker 8: that they traded Thursday night, traded Friday night and they

189
00:08:45,120 --> 00:08:48,760
Speaker 8: were positive sessions. Has the markets over there reacted to

190
00:08:49,240 --> 00:08:51,480
Speaker 8: what appeared to be a bit of a relaxation the

191
00:08:51,520 --> 00:08:55,720
Speaker 8: attitude to tarifs from the Trump administration. I think since

192
00:08:55,760 --> 00:08:59,280
Speaker 8: then over the weekend that's firmed up a little bit.

193
00:08:59,320 --> 00:09:01,679
Speaker 8: It now appears to be more of an ad admission

194
00:09:02,080 --> 00:09:04,240
Speaker 8: that it's going to take a while to get all

195
00:09:04,240 --> 00:09:07,920
Speaker 8: this done, and we're unlikely to see a lot of deals,

196
00:09:08,040 --> 00:09:09,640
Speaker 8: a lot of deals being written, and a lot of

197
00:09:09,679 --> 00:09:13,400
Speaker 8: stuffing being formalized in the ninety days. It just doesn't

198
00:09:13,400 --> 00:09:14,040
Speaker 8: seem likely.

199
00:09:14,360 --> 00:09:15,480
Speaker 2: Anyway, we had.

200
00:09:15,360 --> 00:09:17,160
Speaker 8: A positive session on our market, we had a positive

201
00:09:17,160 --> 00:09:19,400
Speaker 8: session on the OsO Max, but during the day US

202
00:09:19,440 --> 00:09:21,480
Speaker 8: futures markets weakened off of it and so that held

203
00:09:21,559 --> 00:09:24,000
Speaker 8: us a little bit back. US markets have fallned a

204
00:09:24,000 --> 00:09:24,800
Speaker 8: little bit overnight.

205
00:09:24,840 --> 00:09:25,240
Speaker 10: Now.

206
00:09:25,320 --> 00:09:30,480
Speaker 8: Just on that note, Australian market, they will be shifting

207
00:09:30,520 --> 00:09:32,840
Speaker 8: their focus a little bit now to the election. I

208
00:09:32,920 --> 00:09:35,840
Speaker 8: would make the comment that I think global events will

209
00:09:35,880 --> 00:09:39,400
Speaker 8: still take presence over election news flow over the course

210
00:09:39,440 --> 00:09:42,240
Speaker 8: of the week, Mike. Overnight, we had what's called the

211
00:09:42,320 --> 00:09:45,440
Speaker 8: Dallas Fed Manufacturing Survey. I was looking at that just

212
00:09:45,480 --> 00:09:47,200
Speaker 8: to see whether or not we tend to confirm the

213
00:09:47,200 --> 00:09:49,680
Speaker 8: weaker tone that we have so many US economic barta recently,

214
00:09:50,000 --> 00:09:53,080
Speaker 8: and it did big miss. So and I think that's

215
00:09:53,160 --> 00:09:55,280
Speaker 8: just some say Trumpet administration is going to have to

216
00:09:55,320 --> 00:09:57,959
Speaker 8: address us. Lots of data this week. You've got job starter,

217
00:09:58,640 --> 00:10:00,480
Speaker 8: non farm payrolls at the end of the week, GDP

218
00:10:00,679 --> 00:10:04,040
Speaker 8: Conference Board survey, and of course, I think Ryan commented

219
00:10:04,040 --> 00:10:06,240
Speaker 8: on this just before you came on.

220
00:10:06,280 --> 00:10:07,520
Speaker 2: Are a lot of company.

221
00:10:07,200 --> 00:10:11,520
Speaker 8: Results this week, Apple, Microsoft, Amazon, Meta, Coca Cola, Visa, McDonald's.

222
00:10:11,559 --> 00:10:14,040
Speaker 8: So we'll pick the eyes out of those as they pop.

223
00:10:13,960 --> 00:10:15,680
Speaker 2: Up, make look forward to it. What are the numbers

224
00:10:15,679 --> 00:10:15,959
Speaker 2: for now?

225
00:10:17,040 --> 00:10:19,400
Speaker 8: The Dow Jones has just sneaks over the forty.

226
00:10:19,240 --> 00:10:20,080
Speaker 2: Thousand dollar mark.

227
00:10:20,360 --> 00:10:23,000
Speaker 8: It is down eighty five points on the sessions about

228
00:10:23,320 --> 00:10:25,440
Speaker 8: point two percent. The S and P five hundred is

229
00:10:25,480 --> 00:10:29,080
Speaker 8: down just over half percent, just under five thousand, five hundred,

230
00:10:29,360 --> 00:10:32,280
Speaker 8: and the Nasdaq is currently at seventeen thousand, two hundred

231
00:10:32,280 --> 00:10:34,200
Speaker 8: and twenty eight, which is down point eight to nine

232
00:10:34,240 --> 00:10:36,920
Speaker 8: of a percent. The forts one hundred barely changed over

233
00:10:36,960 --> 00:10:39,959
Speaker 8: nine eighty four one seven. The nick A gained point

234
00:10:40,000 --> 00:10:42,760
Speaker 8: three eight percent thirty five thousand, eight hundred and forty.

235
00:10:43,000 --> 00:10:47,000
Speaker 8: The Shangha composite was down point two percent. As I said,

236
00:10:47,000 --> 00:10:49,760
Speaker 8: the Aussies yesday gained point three six twenty nine points

237
00:10:49,880 --> 00:10:52,680
Speaker 8: seven nine nine seven the clothes there and we gained

238
00:10:52,679 --> 00:10:55,760
Speaker 8: eighty one points and then the next fifty two thirds

239
00:10:55,760 --> 00:10:58,840
Speaker 8: of percent gain twelve thousand and ninety eight. The Kiwi

240
00:10:58,920 --> 00:11:01,360
Speaker 8: dollar has just come back from the sixty cent mark,

241
00:11:01,400 --> 00:11:03,400
Speaker 8: but it's still sort of pretty good compared to where

242
00:11:03,440 --> 00:11:05,880
Speaker 8: it was. Point five nine sixty three against the US,

243
00:11:06,200 --> 00:11:09,000
Speaker 8: point nine two nine one against the Aussie, point five

244
00:11:09,200 --> 00:11:12,920
Speaker 8: two to eight against the Euro, point four four four

245
00:11:13,080 --> 00:11:15,839
Speaker 8: four against the pound, all the fours again, eighty four

246
00:11:15,840 --> 00:11:18,920
Speaker 8: point eight seven against the Japanese yen gold, three thousand,

247
00:11:19,000 --> 00:11:22,040
Speaker 8: three hundred and thirty six US dollars and brentbrewed sixty

248
00:11:22,040 --> 00:11:23,800
Speaker 8: five dollars and thirty eight cents.

249
00:11:23,800 --> 00:11:26,199
Speaker 2: Baby little stuff, have a good day. Andrew kelliher jmiwalth

250
00:11:26,240 --> 00:11:32,000
Speaker 2: dot co dot m z pasking Internaciani deliverou shares he

251
00:11:32,080 --> 00:11:35,040
Speaker 2: through the roof highest level than three years. Why because

252
00:11:35,040 --> 00:11:37,440
Speaker 2: door Dasher after them. They were offering about New Zealand

253
00:11:37,640 --> 00:11:41,640
Speaker 2: roughly seven billion dollars. They don't expect any major regulatory hurdles.

254
00:11:41,640 --> 00:11:44,880
Speaker 2: Geographically they don't overlap. So it looks like door dashers

255
00:11:44,880 --> 00:11:47,200
Speaker 2: into delivery. I looked that up this morning. Door Dash

256
00:11:47,200 --> 00:11:49,720
Speaker 2: and Delivery are here. It's a funny thing. I didn't

257
00:11:49,720 --> 00:11:51,920
Speaker 2: even realize that was a thing here six twenty one.

258
00:11:51,960 --> 00:11:53,520
Speaker 2: You're a news talk z Beats.

259
00:12:01,720 --> 00:12:06,240
Speaker 1: The Vike Asking Breakfast Full Show podcast on iHeartRadio powered

260
00:12:06,240 --> 00:12:06,959
Speaker 1: by News Talks.

261
00:12:06,960 --> 00:12:10,240
Speaker 2: It'd be so the Wellington mayor, Mike's going to go

262
00:12:10,280 --> 00:12:12,120
Speaker 2: and collect a good wage by sitting in a race

263
00:12:12,120 --> 00:12:13,920
Speaker 2: based Maory seat in the council. What a waste of

264
00:12:14,000 --> 00:12:16,280
Speaker 2: ratepayers money. Well that's up to I mean, I tend

265
00:12:16,320 --> 00:12:17,840
Speaker 2: to agree with you, but that is up to the voter.

266
00:12:17,960 --> 00:12:21,240
Speaker 2: Of course, she is chasing an elected seat, and you'll

267
00:12:21,240 --> 00:12:23,120
Speaker 2: be aware that the government are looking to get rid

268
00:12:23,120 --> 00:12:26,719
Speaker 2: of the race based seats. Those councils who didn't acquiesce

269
00:12:26,760 --> 00:12:29,000
Speaker 2: tot a government instruction will have a vote. Take it

270
00:12:29,040 --> 00:12:31,240
Speaker 2: to a vote, which is what Wellington are doing. So

271
00:12:31,440 --> 00:12:33,560
Speaker 2: come election time you will vote for whether you want

272
00:12:33,640 --> 00:12:37,280
Speaker 2: race based seats or not. Even if race based seats fail,

273
00:12:38,640 --> 00:12:42,520
Speaker 2: the race based seats currently enacted will last the twenty

274
00:12:42,559 --> 00:12:44,480
Speaker 2: five to twenty eight periods, So in other words, she

275
00:12:44,520 --> 00:12:47,080
Speaker 2: will stand. If she wins, she'll be there for three years.

276
00:12:47,440 --> 00:12:49,839
Speaker 2: But it does go back to everything really that's wrong

277
00:12:49,880 --> 00:12:52,200
Speaker 2: with local body politics that we've talked about extensively on

278
00:12:52,240 --> 00:12:55,359
Speaker 2: this program. How she, ever, with her lack of experience,

279
00:12:55,480 --> 00:12:58,440
Speaker 2: got elected, Lord only knows, but she did. She split

280
00:12:58,480 --> 00:13:00,120
Speaker 2: the field or the field was split, so she had

281
00:13:00,160 --> 00:13:02,360
Speaker 2: that advantage, I guess. But if you look at places

282
00:13:02,400 --> 00:13:05,280
Speaker 2: like tim of the Pool, and you look at Julian Genta,

283
00:13:05,800 --> 00:13:09,160
Speaker 2: and you look at the inexplicable voting pattern of certain

284
00:13:09,200 --> 00:13:11,800
Speaker 2: places in Wellington, you know, how do you? And it

285
00:13:11,480 --> 00:13:15,080
Speaker 2: all ends and tears opens the field up, though I

286
00:13:15,120 --> 00:13:17,080
Speaker 2: think doesn't it six twenty.

287
00:13:16,760 --> 00:13:21,200
Speaker 1: Five trending now with Chemist Warehouse book in Your Flu

288
00:13:21,320 --> 00:13:22,400
Speaker 1: Vaccination Today.

289
00:13:22,480 --> 00:13:24,600
Speaker 2: As we mentioned yesterday, Rixham had a very good week

290
00:13:24,640 --> 00:13:26,960
Speaker 2: in third promotion in a row. This morning. The trailer though,

291
00:13:27,000 --> 00:13:29,800
Speaker 2: of course, for season four of Welcome to.

292
00:13:29,840 --> 00:13:33,840
Speaker 11: Rixam Birmingham SC they have Tom Brady stop playing, thank god,

293
00:13:35,040 --> 00:13:36,199
Speaker 11: so you'll have to play.

294
00:13:38,000 --> 00:13:41,000
Speaker 1: Over the last four years. It's been this roller coaster

295
00:13:41,120 --> 00:13:41,840
Speaker 1: of magic.

296
00:13:42,520 --> 00:13:44,120
Speaker 10: We are all dreaming of another promotion.

297
00:13:44,960 --> 00:13:45,920
Speaker 1: Can you do it again?

298
00:13:46,960 --> 00:13:48,760
Speaker 10: Back to back to back promotions?

299
00:13:49,000 --> 00:13:52,280
Speaker 2: It's never been done before, the sort of stuff that

300
00:13:52,360 --> 00:13:53,680
Speaker 2: fairy tales are made of.

301
00:13:55,040 --> 00:13:58,360
Speaker 1: Realistically, we will lose, but got it.

302
00:13:58,679 --> 00:13:59,880
Speaker 9: Part of the Birmingham ownership.

303
00:14:00,000 --> 00:14:00,720
Speaker 2: If it's Tom.

304
00:14:00,520 --> 00:14:05,560
Speaker 1: Brady, it's a friendly competition. Well that's on friendly baby

305
00:14:05,559 --> 00:14:07,360
Speaker 1: breakers are you can't break Tom Brady's art.

306
00:14:07,400 --> 00:14:10,120
Speaker 2: That's wrong with you. Football has got this nasty habit

307
00:14:10,200 --> 00:14:11,040
Speaker 2: of kicking you in.

308
00:14:10,960 --> 00:14:13,160
Speaker 1: The bollocks, breaking the bars.

309
00:14:15,200 --> 00:14:19,200
Speaker 2: May fifteen, Disney Plus. Speaking of Disney Plus, I watched Mobland.

310
00:14:19,240 --> 00:14:21,560
Speaker 2: I'm watching Mobland at the moment. I've recommended it to you.

311
00:14:22,000 --> 00:14:24,080
Speaker 2: I don't even know it's on Disney Plus. It probably

312
00:14:24,160 --> 00:14:27,360
Speaker 2: isn't It's probably on something else. It's probably on Amazon anyway,

313
00:14:27,360 --> 00:14:31,440
Speaker 2: it doesn't matter. It's brilliant Helen mirram Ps Brosnan, Guy

314
00:14:31,560 --> 00:14:34,720
Speaker 2: Richie is your main point. It's very Guy Ritchie esque

315
00:14:34,880 --> 00:14:39,280
Speaker 2: and I can't see where it's going, but it's superb

316
00:14:39,960 --> 00:14:40,760
Speaker 2: in its journey.

317
00:14:41,200 --> 00:14:42,880
Speaker 10: It's Prime Video by way.

318
00:14:43,200 --> 00:14:45,600
Speaker 2: Prime Video is that Amazon Prime Is that the same

319
00:14:45,640 --> 00:14:50,640
Speaker 2: as Amazon Prime Video? Disney Plus Disney Neon, double Down,

320
00:14:50,840 --> 00:14:53,200
Speaker 2: Blue Green, whatever, it's gonna go up and down round

321
00:14:53,240 --> 00:14:56,480
Speaker 2: around the circles. It's somewhere. Go find it and you

322
00:14:56,560 --> 00:14:59,080
Speaker 2: will not regret it. Leaving now what Nikola willis doing

323
00:14:59,080 --> 00:15:02,560
Speaker 2: with this charity. She's after the charities on tax until

324
00:15:02,600 --> 00:15:04,600
Speaker 2: she does a report. Now she's not after the charities

325
00:15:04,600 --> 00:15:06,400
Speaker 2: on tax. What on Earth's going on? There were on

326
00:15:06,400 --> 00:15:07,560
Speaker 2: this after the news, which.

327
00:15:07,400 --> 00:15:11,600
Speaker 1: Is next time setting me agender and talking the big

328
00:15:11,640 --> 00:15:15,480
Speaker 1: issues for the mic costing breakfast with Bailey's real Estate,

329
00:15:15,680 --> 00:15:19,280
Speaker 1: your local experts across residential, commercial and rural news.

330
00:15:19,320 --> 00:15:21,960
Speaker 2: Tokstad b thank you Mike for your partner getting our

331
00:15:21,960 --> 00:15:24,560
Speaker 2: sport back on sky. You refer to snooker I bum

332
00:15:24,600 --> 00:15:26,720
Speaker 2: nott you how much implements I actually had at the

333
00:15:26,800 --> 00:15:27,960
Speaker 2: end of the day, but we got it there, so

334
00:15:28,000 --> 00:15:30,240
Speaker 2: that's encouraging it as of nine o'clock to night morning,

335
00:15:30,320 --> 00:15:33,120
Speaker 2: Mike Tory far Now, how magnanimous of her to step

336
00:15:33,120 --> 00:15:35,280
Speaker 2: aside for Andrew Little in the well into Maryalty Race

337
00:15:35,320 --> 00:15:38,600
Speaker 2: because he really wants it. OMG, does she think we're

338
00:15:38,640 --> 00:15:41,480
Speaker 2: all thick? Kay? I suspect the answer to that is yes.

339
00:15:41,760 --> 00:15:46,440
Speaker 2: Twenty three minutes away from seven now interesting developments around

340
00:15:46,480 --> 00:15:49,000
Speaker 2: tax treatment of charities. Last year, the Finance Minister made

341
00:15:49,040 --> 00:15:50,960
Speaker 2: no secret of the fact that they were in her

342
00:15:51,040 --> 00:15:54,560
Speaker 2: sights and change was coming. Now it's not no change

343
00:15:54,560 --> 00:15:56,800
Speaker 2: coming in the budget next month. Former PwC partner an

344
00:15:56,840 --> 00:15:59,240
Speaker 2: independent tax ex But Jeff Nightingale is with.

345
00:15:59,320 --> 00:16:01,520
Speaker 12: Us, Jeff, good morning Mite.

346
00:16:01,640 --> 00:16:03,960
Speaker 2: Are there complexities here that you could have seen and

347
00:16:04,000 --> 00:16:06,160
Speaker 2: warned her about or is this come as a shock.

348
00:16:07,480 --> 00:16:10,320
Speaker 12: No, I think the complexities were always there. I think

349
00:16:11,040 --> 00:16:13,400
Speaker 12: this is a sensible decision not to rush it because

350
00:16:13,760 --> 00:16:16,600
Speaker 12: I think the governments looked at nine hundred submissions that

351
00:16:16,600 --> 00:16:18,440
Speaker 12: they got, even though they only gave a very short

352
00:16:18,440 --> 00:16:21,840
Speaker 12: time for submissions, they got nine hundred apparently, and those

353
00:16:21,840 --> 00:16:24,400
Speaker 12: have pointed out a whole lot of problems coupled really

354
00:16:24,400 --> 00:16:27,480
Speaker 12: big problems at least that they need more time to consider.

355
00:16:28,240 --> 00:16:31,240
Speaker 2: In considering them, can they do something that will allow

356
00:16:31,320 --> 00:16:33,480
Speaker 2: them to get access to charity money or is this

357
00:16:33,800 --> 00:16:35,160
Speaker 2: going to be ultimately too hard?

358
00:16:37,280 --> 00:16:39,960
Speaker 12: My guess would be it's mainly ultimately too hard. We've

359
00:16:39,960 --> 00:16:42,200
Speaker 12: had several goes at this over the last twenty years.

360
00:16:42,240 --> 00:16:44,600
Speaker 12: I mean, the main problem I think they've identified is

361
00:16:44,600 --> 00:16:46,360
Speaker 12: there's not the tax revenue there.

362
00:16:46,240 --> 00:16:47,120
Speaker 13: That they thought there was.

363
00:16:47,560 --> 00:16:50,680
Speaker 12: And the issue is is that, you know, charities don't

364
00:16:51,040 --> 00:16:54,600
Speaker 12: do a lot of tax structuring and because they don't

365
00:16:54,640 --> 00:16:57,160
Speaker 12: have to because their tax exempt, and if you then

366
00:16:57,240 --> 00:16:58,920
Speaker 12: started to tax them, there would be a lot of

367
00:16:59,080 --> 00:17:02,720
Speaker 12: tax structuring beween their charitable enterprise and their business enterprise,

368
00:17:02,920 --> 00:17:05,960
Speaker 12: which means the tax revenue that you might think is

369
00:17:06,000 --> 00:17:08,760
Speaker 12: there will evaporate. So that's the main problem. The other

370
00:17:08,800 --> 00:17:11,040
Speaker 12: issue is really just the complexity of the definitions.

371
00:17:11,240 --> 00:17:13,199
Speaker 2: What about all the headline stuff that we hear that

372
00:17:13,359 --> 00:17:15,760
Speaker 2: are they're not really a charity, they shouldn't be a charity,

373
00:17:15,800 --> 00:17:19,600
Speaker 2: Destiny's Church, sanitary and Mario authorities. Is it that simple

374
00:17:19,680 --> 00:17:20,240
Speaker 2: or not? Really?

375
00:17:22,080 --> 00:17:23,760
Speaker 12: There is still an issue there that needs to be

376
00:17:23,800 --> 00:17:25,640
Speaker 12: addressed and I think they'll still be working on that.

377
00:17:25,680 --> 00:17:30,199
Speaker 12: And there's two issues there. One is where this religions

378
00:17:30,320 --> 00:17:34,360
Speaker 12: should generally get charitable relief, and that's a very competitive, complex,

379
00:17:34,520 --> 00:17:37,199
Speaker 12: values driven thing. The other issue is whether or not

380
00:17:37,440 --> 00:17:40,679
Speaker 12: businesses operated by charities get a competitive advantage because they

381
00:17:40,680 --> 00:17:43,160
Speaker 12: don't pay tax, and there are two schools of thought

382
00:17:43,240 --> 00:17:45,440
Speaker 12: on that, and there's more work to be done there.

383
00:17:45,480 --> 00:17:47,600
Speaker 2: I think what about the Mario authorities and is that

384
00:17:47,640 --> 00:17:48,359
Speaker 2: too political?

385
00:17:49,600 --> 00:17:53,159
Speaker 12: I think that was probably a bigger issue than they anticipated.

386
00:17:54,000 --> 00:17:57,840
Speaker 12: Many of the Maria authorities use charities in their group

387
00:17:57,880 --> 00:18:01,440
Speaker 12: structures to hold some of their settlement sets, and that's

388
00:18:01,520 --> 00:18:04,080
Speaker 12: quite a political can of worms to rip the top

389
00:18:04,119 --> 00:18:04,359
Speaker 12: off that.

390
00:18:04,880 --> 00:18:07,040
Speaker 2: So what have we got there? Is it politics that's

391
00:18:07,080 --> 00:18:10,800
Speaker 2: defeated her, or complexity that could be fixed if she

392
00:18:10,960 --> 00:18:14,040
Speaker 2: wanted to really have a go. Or I had a

393
00:18:14,080 --> 00:18:16,280
Speaker 2: look anyway, and there's a handful of change and it's

394
00:18:16,320 --> 00:18:17,160
Speaker 2: not worth my time.

395
00:18:18,800 --> 00:18:20,560
Speaker 12: I think it's a combination of all three.

396
00:18:20,680 --> 00:18:20,880
Speaker 14: Mike.

397
00:18:21,880 --> 00:18:26,440
Speaker 12: I think there's not enough tax revenue to justify the

398
00:18:26,480 --> 00:18:31,080
Speaker 12: political fight. And secondly, I think that the changes are

399
00:18:31,080 --> 00:18:34,800
Speaker 12: harder than they might have first anticipated. What Minister Finance

400
00:18:34,840 --> 00:18:37,040
Speaker 12: did say that there is still change coming, but it'll

401
00:18:37,040 --> 00:18:40,440
Speaker 12: becoming at a more considered pace. They'll do a lot

402
00:18:40,480 --> 00:18:44,440
Speaker 12: more work and it'll probably be a lot narrower focused change.

403
00:18:44,600 --> 00:18:47,239
Speaker 2: Reputationally, Has she been damaged at all by this in

404
00:18:47,280 --> 00:18:49,240
Speaker 2: your view? I mean she was gun ho in descem

405
00:18:49,320 --> 00:18:50,760
Speaker 2: but she was going to get the money and it

406
00:18:50,840 --> 00:18:52,879
Speaker 2: was all on. Now it's on. Whoops. I didn't realize

407
00:18:52,920 --> 00:18:53,880
Speaker 2: it was going to be this hard.

408
00:18:54,960 --> 00:18:56,919
Speaker 12: Yeah, look, I don't think she has I think this

409
00:18:57,040 --> 00:19:00,359
Speaker 12: is New Zealand's We have this world leading generic tax

410
00:19:00,440 --> 00:19:03,240
Speaker 12: policy process which is the way we do tax and

411
00:19:03,280 --> 00:19:06,680
Speaker 12: that involves various stages of consultation, and it involves real

412
00:19:06,720 --> 00:19:09,919
Speaker 12: consultation with the government putting out ideas and listening to

413
00:19:10,440 --> 00:19:13,320
Speaker 12: experts and the community and the affected parties. And I

414
00:19:13,320 --> 00:19:15,280
Speaker 12: think in this case, they put out a proposal that

415
00:19:15,480 --> 00:19:17,120
Speaker 12: was you know, it's a valid thing to think about.

416
00:19:17,280 --> 00:19:19,320
Speaker 12: They've listened to feedback and they're sewed it down, So

417
00:19:19,640 --> 00:19:21,800
Speaker 12: at least from my perspective, I don't I think this

418
00:19:21,880 --> 00:19:23,359
Speaker 12: is the way the system works.

419
00:19:23,560 --> 00:19:25,640
Speaker 2: I was enjoying your company, JEF apreciated very much, Jeff

420
00:19:25,720 --> 00:19:28,440
Speaker 2: Nightingale form of PwC Partner Independent Tax ex But these

421
00:19:28,480 --> 00:19:29,960
Speaker 2: days nineteen two seven.

422
00:19:30,400 --> 00:19:34,800
Speaker 1: The Mic Hosking Breakfast Full Show podcast on iHeartRadio Call

423
00:19:34,920 --> 00:19:36,080
Speaker 1: It by News Talks.

424
00:19:35,840 --> 00:19:36,080
Speaker 15: At b.

425
00:19:37,560 --> 00:19:37,679
Speaker 14: Now.

426
00:19:37,720 --> 00:19:40,840
Speaker 2: The cafes that are Vida living well communities terrific places

427
00:19:40,880 --> 00:19:43,439
Speaker 2: for residents, you know, to meet others and relax and connect.

428
00:19:43,440 --> 00:19:45,200
Speaker 2: And it's not just the residents who enjoy them either,

429
00:19:45,240 --> 00:19:47,679
Speaker 2: because our Vida cafes are open to the public. So

430
00:19:47,720 --> 00:19:50,280
Speaker 2: the why the community can come in and experience those

431
00:19:50,280 --> 00:19:53,440
Speaker 2: delicious cabinet food or ruf off the menu food as well.

432
00:19:53,600 --> 00:19:55,840
Speaker 2: So grabbing lunch with a friend ordering a muffin but

433
00:19:55,880 --> 00:19:57,879
Speaker 2: a coffee for some morning tea. That's super easy when

434
00:19:57,880 --> 00:20:00,879
Speaker 2: the cafe is so close by. Of course, to cafe teams,

435
00:20:01,000 --> 00:20:02,879
Speaker 2: they get to know the residents as you would expect,

436
00:20:02,880 --> 00:20:05,520
Speaker 2: They get to know their regular cafe orders, providing a

437
00:20:05,520 --> 00:20:07,960
Speaker 2: personalized service, which is what we all love and don't

438
00:20:07,960 --> 00:20:10,800
Speaker 2: get enough of these days. The cafes, they're also off

439
00:20:10,800 --> 00:20:13,040
Speaker 2: in the perfect place for the village activity and the

440
00:20:13,080 --> 00:20:15,200
Speaker 2: interest groups to get together. That's you know, your craft

441
00:20:15,240 --> 00:20:17,439
Speaker 2: groups and your walking groups and even the pilates groups

442
00:20:17,800 --> 00:20:19,560
Speaker 2: after the old session that roll their mats up and

443
00:20:19,600 --> 00:20:22,520
Speaker 2: go have a flat white muffin. Anyway, the on site

444
00:20:22,520 --> 00:20:27,480
Speaker 2: cafes real community hub within these Vida villagers and residents

445
00:20:27,480 --> 00:20:30,400
Speaker 2: basically living life their way and to find out more

446
00:20:30,640 --> 00:20:34,320
Speaker 2: at our Vida arv ida or book a tour which

447
00:20:34,359 --> 00:20:36,560
Speaker 2: is a must. R Vida dot co dot in z

448
00:20:36,920 --> 00:20:39,639
Speaker 2: is where you go are Vida dot co dot z

449
00:20:40,280 --> 00:20:43,800
Speaker 2: ask just to wrick you up. Details from Stats New Zealand.

450
00:20:43,800 --> 00:20:47,600
Speaker 2: This morning on Steak Sirloin thirty eight forty three akilo.

451
00:20:47,720 --> 00:20:49,159
Speaker 2: Is that a lot? Well, it's more than it was.

452
00:20:49,200 --> 00:20:51,480
Speaker 2: It's up from thirty one to fifty. This out see

453
00:20:51,640 --> 00:20:53,440
Speaker 2: you have thirty one to fifty akilo and then sudden

454
00:20:53,440 --> 00:20:54,840
Speaker 2: it's thirty eight forty three and you go, oh, it's

455
00:20:54,840 --> 00:20:56,640
Speaker 2: a bit more expensive. How much more expensive? You don't

456
00:20:56,640 --> 00:20:59,880
Speaker 2: realize it's twenty two percent more expensive. Largest annual inc

457
00:21:00,720 --> 00:21:03,520
Speaker 2: since twenty eleven. Why, but here's the thing. You can't.

458
00:21:03,560 --> 00:21:06,240
Speaker 2: You got to exit. Here's the problem. We're doing so

459
00:21:06,400 --> 00:21:09,880
Speaker 2: well at it. We produce it so well, the quality

460
00:21:09,920 --> 00:21:12,840
Speaker 2: is so high that the Americans can't get enough of it.

461
00:21:12,920 --> 00:21:15,960
Speaker 2: So we're exporting literally like we never have before. America

462
00:21:16,000 --> 00:21:19,720
Speaker 2: in terms of value take fifty two percent of everything

463
00:21:19,760 --> 00:21:22,080
Speaker 2: we produce beef wire. So if they're prepared to pay

464
00:21:22,119 --> 00:21:24,640
Speaker 2: an American dollars, we've got to pay the price. That's

465
00:21:24,720 --> 00:21:26,280
Speaker 2: just the way it works. In the red meat sector

466
00:21:26,280 --> 00:21:28,960
Speaker 2: employs ninety thousand people. So you went on one side,

467
00:21:29,000 --> 00:21:29,720
Speaker 2: you lose on the other.

468
00:21:29,760 --> 00:21:34,240
Speaker 16: Six forty five International correspondence with Ends and Eye Insurance

469
00:21:34,400 --> 00:21:36,920
Speaker 16: Peace of mind for New Zealand business in France.

470
00:21:36,960 --> 00:21:39,919
Speaker 2: Captin feel very good morning, Good morning mate, are your

471
00:21:39,960 --> 00:21:42,119
Speaker 2: lights on you got some power you in the first World.

472
00:21:42,520 --> 00:21:47,359
Speaker 17: We best part of France was not affected by that

473
00:21:47,800 --> 00:21:51,520
Speaker 17: massive power outage which affected mainland Spain and much of Portugal.

474
00:21:51,920 --> 00:21:55,200
Speaker 17: Of course, parts of France were affected in the southwest,

475
00:21:55,520 --> 00:21:58,639
Speaker 17: down near the Spanish border. But honestly, mine queer, what

476
00:21:58,720 --> 00:22:01,560
Speaker 17: we're coming up from ten hour on from this massive

477
00:22:01,600 --> 00:22:05,600
Speaker 17: power outage and still no idea of what caused it.

478
00:22:05,840 --> 00:22:08,679
Speaker 17: A Spanish Prime Minister Pedrois Sanchez, just an hour or

479
00:22:08,680 --> 00:22:12,239
Speaker 17: so ago, gave very few answers and also gave no

480
00:22:12,400 --> 00:22:15,520
Speaker 17: concrete time frame on when the power grid will be

481
00:22:15,640 --> 00:22:16,960
Speaker 17: fully up and running again.

482
00:22:17,119 --> 00:22:18,280
Speaker 1: And what we do know.

483
00:22:18,400 --> 00:22:22,520
Speaker 17: Is this was just extraordinary scenes like traffic lights went out,

484
00:22:22,640 --> 00:22:25,960
Speaker 17: trains came to a halt. Bank machines no longer gave

485
00:22:26,040 --> 00:22:29,000
Speaker 17: out cash, You couldn't even use your credit card because

486
00:22:29,359 --> 00:22:32,560
Speaker 17: there was no electricity. Water wasn't being pumped. Because the

487
00:22:32,600 --> 00:22:35,560
Speaker 17: public it really did seem like, wow, we have never

488
00:22:35,600 --> 00:22:38,480
Speaker 17: had anything like this before. What we do know so

489
00:22:38,640 --> 00:22:41,880
Speaker 17: far is the governments of Spain and Portugal are still

490
00:22:41,920 --> 00:22:46,040
Speaker 17: asking residents to stay home, don't have any unnecessary travel

491
00:22:46,119 --> 00:22:49,160
Speaker 17: because traffic lights are out, trains aren't running, not all

492
00:22:49,200 --> 00:22:52,199
Speaker 17: planes that were able to take off and land, and

493
00:22:52,240 --> 00:22:55,200
Speaker 17: it could be up to a week, particularly in Portugal,

494
00:22:55,320 --> 00:22:58,160
Speaker 17: before everything was back to normal. But we have heard

495
00:22:58,160 --> 00:23:00,960
Speaker 17: in the last hour that power is starting to return

496
00:23:01,000 --> 00:23:05,520
Speaker 17: to parts of Spain, Seville and Madrid. But still the

497
00:23:05,520 --> 00:23:06,879
Speaker 17: big question what caused it?

498
00:23:07,560 --> 00:23:10,960
Speaker 2: No idea atmospherics. I'm reading and I read it. I

499
00:23:11,080 --> 00:23:13,720
Speaker 2: may well be making this up, but I'm sure I

500
00:23:13,760 --> 00:23:15,800
Speaker 2: read last week there was a warning about the place

501
00:23:15,880 --> 00:23:18,720
Speaker 2: that atmospherically something was happening in certain parts of the

502
00:23:18,720 --> 00:23:21,760
Speaker 2: world and to watch out this was a possibility. Is

503
00:23:21,800 --> 00:23:24,400
Speaker 2: anyone saying that or do I sound literally insane?

504
00:23:25,240 --> 00:23:25,400
Speaker 14: Oh?

505
00:23:25,480 --> 00:23:27,320
Speaker 17: You sound insane a lot of the times, but not

506
00:23:27,440 --> 00:23:31,760
Speaker 17: this time. Mike, the Portuguese official did say that there

507
00:23:31,800 --> 00:23:35,800
Speaker 17: had been huge variations in temperature, particularly in central Spain

508
00:23:36,359 --> 00:23:39,560
Speaker 17: over the last two days, and that could be the cause. That,

509
00:23:39,680 --> 00:23:43,320
Speaker 17: of course, is climate change, not used to these huge shifts.

510
00:23:43,880 --> 00:23:46,400
Speaker 17: That having been said, Mate, now still looking into whether

511
00:23:46,520 --> 00:23:49,639
Speaker 17: or not this could have been a cyber attacked. So

512
00:23:49,960 --> 00:23:53,160
Speaker 17: still no answers that that variation and the temperature could

513
00:23:53,200 --> 00:23:55,199
Speaker 17: be what was at the.

514
00:23:55,240 --> 00:23:55,679
Speaker 10: Root of this.

515
00:23:55,840 --> 00:23:57,360
Speaker 2: Now, No, we mentioned this a couple of weeks ago

516
00:23:57,440 --> 00:23:58,960
Speaker 2: and we got a couple in court at the moment,

517
00:23:58,960 --> 00:24:00,800
Speaker 2: at least a couple of said, yes, it's me and

518
00:24:00,840 --> 00:24:02,880
Speaker 2: I wrote a book about it. The others are denying.

519
00:24:03,160 --> 00:24:05,919
Speaker 2: How's this Cardassian trial unfolding? How long is this going

520
00:24:06,000 --> 00:24:06,359
Speaker 2: to last?

521
00:24:07,240 --> 00:24:10,240
Speaker 17: It's going to it started on Monday, Yes, and it's

522
00:24:10,600 --> 00:24:16,359
Speaker 17: the twelve were accused of this kidnapping and theft of

523
00:24:16,480 --> 00:24:20,120
Speaker 17: properly belonging to Kim Kardashian back in October twenty sixteen,

524
00:24:20,280 --> 00:24:26,040
Speaker 17: she was here for fashion Week. Now a really incredible scene.

525
00:24:26,040 --> 00:24:28,200
Speaker 17: It's supposed to go on until about the twenty third

526
00:24:28,240 --> 00:24:31,679
Speaker 17: of May. Kim Kardashian is scheduled to come to Paris

527
00:24:31,720 --> 00:24:35,600
Speaker 17: and give evidence herself on the thirteenth of May. Now,

528
00:24:35,720 --> 00:24:40,120
Speaker 17: there were originally twelve suspects. Only ten were in court today.

529
00:24:40,520 --> 00:24:43,679
Speaker 17: That is because one of those suspects has subsequently died,

530
00:24:44,000 --> 00:24:47,520
Speaker 17: the other is too ill to be on trial. What

531
00:24:47,560 --> 00:24:50,320
Speaker 17: we've got is five of them are charged with armed

532
00:24:50,400 --> 00:24:54,760
Speaker 17: robbery and kidnapping. Eight of them have denied involvement in

533
00:24:55,200 --> 00:24:58,359
Speaker 17: the theft. They say they were just standing guard watching.

534
00:24:58,880 --> 00:25:02,159
Speaker 17: But to be honest with my it sounds really just

535
00:25:02,240 --> 00:25:05,119
Speaker 17: like sort of a parody of a heist movie, doesn't it.

536
00:25:05,160 --> 00:25:08,560
Speaker 17: Because you've got five of them aged over sixty, who said, oh,

537
00:25:08,640 --> 00:25:10,640
Speaker 17: you know, I was poor, I'd done time, I didn't

538
00:25:10,680 --> 00:25:13,000
Speaker 17: have a job. I just needed one more job and

539
00:25:13,000 --> 00:25:16,200
Speaker 17: that would see me through. They're the ones who have said,

540
00:25:16,240 --> 00:25:18,760
Speaker 17: you know, yeah, that's how it worked out. I'm really sorry,

541
00:25:18,800 --> 00:25:23,000
Speaker 17: and they have said sorry to Ms. Kardashian. Another one

542
00:25:23,000 --> 00:25:25,399
Speaker 17: has said they didn't realize who she was. They just

543
00:25:25,480 --> 00:25:28,359
Speaker 17: knew there was this fancy ring. Let's not forget that

544
00:25:28,440 --> 00:25:31,639
Speaker 17: they stole jewelry up to the value of about sixteen

545
00:25:31,800 --> 00:25:35,120
Speaker 17: million New Zealand dollars. They knew she had this jewelry,

546
00:25:35,359 --> 00:25:37,320
Speaker 17: and all they knew about her was that she was

547
00:25:37,600 --> 00:25:39,919
Speaker 17: the wife of a rapper and that was why they

548
00:25:39,960 --> 00:25:43,040
Speaker 17: went there. But you know, the defense is saying, well,

549
00:25:43,119 --> 00:25:45,199
Speaker 17: you know, these were just guys who need a bit

550
00:25:45,200 --> 00:25:48,399
Speaker 17: of money. Lawyers for some of the others, particularly some

551
00:25:48,480 --> 00:25:51,679
Speaker 17: of the victims. The concierge at the hotel where they

552
00:25:51,720 --> 00:25:54,639
Speaker 17: were staying, had said, hey, listen, stop this Robin Hood

553
00:25:54,720 --> 00:25:57,520
Speaker 17: type stuff, saying that these are the nice guys. He said,

554
00:25:57,640 --> 00:26:02,400
Speaker 17: these people had handcuffs, had guns, they were threatening. They

555
00:26:02,440 --> 00:26:07,080
Speaker 17: were parading around as policemen said stop this. These are criminals.

556
00:26:07,480 --> 00:26:10,320
Speaker 2: Just real quick, this three day thing with Putna. So

557
00:26:10,600 --> 00:26:12,720
Speaker 2: he's messing with Trump, isn'ty? I mean, how long has

558
00:26:12,760 --> 00:26:13,679
Speaker 2: this nonsense going for?

559
00:26:14,640 --> 00:26:17,000
Speaker 17: Well, exactly. I mean, let's not forget he had that

560
00:26:17,119 --> 00:26:21,320
Speaker 17: thirty hour seas fire back at Easter, which Ukraine said

561
00:26:21,520 --> 00:26:25,720
Speaker 17: Russia had violated at numerous times. Essentially, yes, they're playing

562
00:26:25,720 --> 00:26:29,640
Speaker 17: Trump along. No one really believes that this Seas five

563
00:26:29,800 --> 00:26:32,080
Speaker 17: from the eighth to the tenth of May does cover

564
00:26:32,160 --> 00:26:34,520
Speaker 17: seventy two hours, and it covers that period of time,

565
00:26:35,000 --> 00:26:38,280
Speaker 17: of course, when Russia will be commemorating eighty years since

566
00:26:38,320 --> 00:26:39,640
Speaker 17: the end of the Second My War.

567
00:26:39,760 --> 00:26:43,040
Speaker 2: All right, catch up with Katherine. I've been working with

568
00:26:43,080 --> 00:26:44,639
Speaker 2: Katherine in a very long time. I didn't know she

569
00:26:44,680 --> 00:26:46,800
Speaker 2: thought I was that insane. I thought I should probably

570
00:26:46,800 --> 00:26:47,399
Speaker 2: on the edge.

571
00:26:47,600 --> 00:26:50,880
Speaker 10: Now, the longer people work with you, the more insania.

572
00:26:52,359 --> 00:26:53,840
Speaker 2: Nine minutes away from seven.

573
00:26:53,880 --> 00:26:56,600
Speaker 1: The Vike Hosking breakfast with the Range rover of the

574
00:26:56,720 --> 00:26:58,720
Speaker 1: Lahn News, Todd said, been focus.

575
00:26:58,480 --> 00:27:00,680
Speaker 2: A little bit on the whole terriff. Stay sorry this morning.

576
00:27:00,840 --> 00:27:03,480
Speaker 2: I note the delegates had some interesting things to say yesterday.

577
00:27:03,760 --> 00:27:05,719
Speaker 2: More on that after seven o'clock. Richard quest whether us

578
00:27:05,720 --> 00:27:08,520
Speaker 2: after there's basically marking Trump's one hundred days. But Rich

579
00:27:08,640 --> 00:27:11,040
Speaker 2: quest with us after eight o'clock. But yesterday, so I'm

580
00:27:11,040 --> 00:27:13,680
Speaker 2: reading about these Chinese manufacturers the air pausing production, they're

581
00:27:13,680 --> 00:27:16,080
Speaker 2: closing their factories, and if they're not doing that, they're

582
00:27:16,119 --> 00:27:19,280
Speaker 2: turning to new markets. So I am increasingly wondering whether

583
00:27:19,280 --> 00:27:21,800
Speaker 2: there's going to be a whole realignment of global trade.

584
00:27:22,200 --> 00:27:24,280
Speaker 2: Rachel Reeves, the UK Chancellor, said the other day We've

585
00:27:24,280 --> 00:27:26,399
Speaker 2: got to start trading more with Europe. Europe's more important

586
00:27:26,400 --> 00:27:29,240
Speaker 2: than America and all that sort of stuff. Lost orders,

587
00:27:29,600 --> 00:27:33,920
Speaker 2: jobs are being lost in China. Companies are chartering several factories,

588
00:27:34,200 --> 00:27:36,359
Speaker 2: told half their employees to go home for the next

589
00:27:36,359 --> 00:27:38,840
Speaker 2: few weeks. This is a company called tidal Wave Solutions,

590
00:27:38,840 --> 00:27:41,480
Speaker 2: who monitor these sorts of things. Not large scale yet,

591
00:27:42,160 --> 00:27:44,840
Speaker 2: but in certain regions of China it's unfolding at a

592
00:27:44,920 --> 00:27:47,600
Speaker 2: rate of knots. There's around ten to twenty million workers

593
00:27:47,640 --> 00:27:51,320
Speaker 2: in China, ten to twenty million involved justin US bound

594
00:27:51,400 --> 00:27:55,680
Speaker 2: export businesses. Goldman Sachs have the official number of worker

595
00:27:56,080 --> 00:28:00,480
Speaker 2: in Chinese cities at four hundred and seventy three four

596
00:28:00,520 --> 00:28:03,160
Speaker 2: to five million. There are four hundred and seventy five

597
00:28:03,560 --> 00:28:07,800
Speaker 2: million workers. Incredible is't five minutes away from seven for.

598
00:28:07,960 --> 00:28:12,040
Speaker 1: The ins and the outs. It's the fizz with business fiber,

599
00:28:12,200 --> 00:28:14,680
Speaker 1: take your business productivity to the next level.

600
00:28:14,720 --> 00:28:18,239
Speaker 2: Speaking of which tailor to consumers, first quarter results out

601
00:28:18,280 --> 00:28:21,840
Speaker 2: of the US credit card lenders industry lower side, we've

602
00:28:21,840 --> 00:28:25,399
Speaker 2: got Synchrony, which provides store cards for retail brands. Are

603
00:28:25,400 --> 00:28:27,680
Speaker 2: spending on those cards as down four percent in Q one.

604
00:28:28,119 --> 00:28:30,840
Speaker 2: You compare that with American Express or JP Morgan Chase.

605
00:28:30,880 --> 00:28:32,600
Speaker 2: They offer the cards to the wealthier people with the

606
00:28:32,640 --> 00:28:35,560
Speaker 2: higher credit scores. Anyway, American Express, their customers are spending

607
00:28:35,600 --> 00:28:39,480
Speaker 2: seven percent more on dining, eleven percent more on first

608
00:28:39,480 --> 00:28:42,240
Speaker 2: class and business class flights compared with Q one of

609
00:28:42,360 --> 00:28:44,520
Speaker 2: last year. More and more Americans also falling behind on

610
00:28:44,520 --> 00:28:48,560
Speaker 2: the credit card debt. People only making the minimum payment

611
00:28:48,720 --> 00:28:50,840
Speaker 2: has risen to eleven point one percent. That's the highest

612
00:28:50,840 --> 00:28:54,200
Speaker 2: in twelve years. Even beats COVID for goodness sake, for

613
00:28:54,240 --> 00:28:57,720
Speaker 2: the lowest spenders getting harder t mouse shopping. So they're

614
00:28:57,720 --> 00:28:59,920
Speaker 2: adding import charges as what we're talking to Ryan about

615
00:29:00,040 --> 00:29:03,080
Speaker 2: before six o'clock this morning. So TIMU just whacking the

616
00:29:03,120 --> 00:29:05,280
Speaker 2: tariffs on one hundred and forty five percent. No worries. They

617
00:29:05,360 --> 00:29:07,160
Speaker 2: just whacked the price up one hundred and forty five percent.

618
00:29:07,160 --> 00:29:09,080
Speaker 2: You got to be an idiot to pay it. A

619
00:29:09,200 --> 00:29:13,520
Speaker 2: sum address was eighteen dollars forty seven, now forty four

620
00:29:13,600 --> 00:29:16,040
Speaker 2: sixty eight twenty six dollars in charges. That's one hundred

621
00:29:16,040 --> 00:29:18,760
Speaker 2: and forty two percent surcharge. A bathing soup for a

622
00:29:18,840 --> 00:29:21,800
Speaker 2: kid twelve forty four gone to thirty one twelve ourp

623
00:29:21,880 --> 00:29:25,200
Speaker 2: eighteen dollars sixty eight. That's a one hundred and fifty

624
00:29:25,280 --> 00:29:29,600
Speaker 2: percent fee. Handheld vacuum cleaner was sixteen ninety three now

625
00:29:29,640 --> 00:29:32,640
Speaker 2: forty dollars eleven, gone up twenty one dollars sixty eight.

626
00:29:32,680 --> 00:29:35,440
Speaker 2: That's a one hundred and thirty seven percent markup. You've

627
00:29:35,440 --> 00:29:37,680
Speaker 2: got to be blind or doping. Don't you to go

628
00:29:37,720 --> 00:29:40,440
Speaker 2: hold on only one hundred and fifty percent. I don't

629
00:29:40,480 --> 00:29:43,120
Speaker 2: mind paying that right. What's to come on this very

630
00:29:43,120 --> 00:29:45,560
Speaker 2: fine program of ours. You can self certify your build. Well,

631
00:29:45,600 --> 00:29:46,840
Speaker 2: you've got to be a certain you know, you've got

632
00:29:46,840 --> 00:29:48,440
Speaker 2: to be you know, you've got to be reputable, but

633
00:29:48,480 --> 00:29:50,280
Speaker 2: you can self certify. They think that that's going to

634
00:29:50,280 --> 00:29:52,400
Speaker 2: increase the number of houses in the country. So how

635
00:29:52,440 --> 00:29:55,720
Speaker 2: materials that Tory far now has taken all that brilliance

636
00:29:55,720 --> 00:29:58,800
Speaker 2: away from us just overnight. It was it was going

637
00:29:58,840 --> 00:30:01,280
Speaker 2: so well and then you woke up when she went, oh,

638
00:30:01,360 --> 00:30:03,520
Speaker 2: I want to go do something else. Genius. So we'll

639
00:30:03,560 --> 00:30:06,520
Speaker 2: look at that and some more glorification to work through

640
00:30:06,720 --> 00:30:08,080
Speaker 2: with Shane Jones.

641
00:30:08,680 --> 00:30:11,680
Speaker 1: The Breakfast Show Kiwis Trust to Stay in the Know,

642
00:30:12,160 --> 00:30:16,960
Speaker 1: the Mic hosting Breakfast with Vita, Retirement Communities, Life Your

643
00:30:17,000 --> 00:30:18,200
Speaker 1: Way News togs Head.

644
00:30:18,080 --> 00:30:20,200
Speaker 2: Be seven past seven. Some more common sense coming to

645
00:30:20,200 --> 00:30:23,320
Speaker 2: the building industry. Self certification as a way forward. Reputable

646
00:30:23,320 --> 00:30:26,080
Speaker 2: companies delivering large numbers of near identical houses will be

647
00:30:26,120 --> 00:30:27,840
Speaker 2: able to sign their own work off now. They think

648
00:30:27,840 --> 00:30:30,960
Speaker 2: that's about three thousand houses a year, not needing the

649
00:30:31,000 --> 00:30:33,880
Speaker 2: current red tape process. The New Zealand Certified Builders Boss

650
00:30:33,880 --> 00:30:35,800
Speaker 2: Malcolm Flemmings with us Malcolm Morning.

651
00:30:36,560 --> 00:30:38,440
Speaker 18: Good morning, the only program, Mike.

652
00:30:38,600 --> 00:30:39,800
Speaker 2: Are you on board? Broadly?

653
00:30:41,360 --> 00:30:44,040
Speaker 18: Broadly we are. What the government is trying to do

654
00:30:44,160 --> 00:30:46,760
Speaker 18: is speed up content times for those builds they deemed

655
00:30:46,840 --> 00:30:51,320
Speaker 18: less risky, and I particularly focused on standarized homes of

656
00:30:51,640 --> 00:30:54,400
Speaker 18: simple design. We think this is a good start, but

657
00:30:54,440 --> 00:30:57,080
Speaker 18: they've missed an opportunity to introduce a quality marks for

658
00:30:57,200 --> 00:31:00,800
Speaker 18: builders so that homeowners will have confident that that any

659
00:31:00,880 --> 00:31:04,040
Speaker 18: individual builder has the credentials to do the job well.

660
00:31:04,080 --> 00:31:07,080
Speaker 2: But if I go along to a well established corporate,

661
00:31:07,120 --> 00:31:09,760
Speaker 2: I would feel confident by looking at them, wouldn't I?

662
00:31:11,120 --> 00:31:16,880
Speaker 18: Well, we'll established corporates, particularly at home group home builder market,

663
00:31:17,040 --> 00:31:19,920
Speaker 18: have good standardized systems and if they can produce good,

664
00:31:20,000 --> 00:31:24,000
Speaker 18: standardized simple homes, that's what the government's leading in the moment.

665
00:31:24,640 --> 00:31:27,480
Speaker 18: What we're sort of advocating is un certified builders and

666
00:31:27,560 --> 00:31:30,720
Speaker 18: had some really good, meaningful dialogue with government on this

667
00:31:31,360 --> 00:31:35,720
Speaker 18: is taking the next step of that because keywy's traditionally

668
00:31:35,840 --> 00:31:40,240
Speaker 18: like bespoke buildings, So if they can sort of get

669
00:31:40,280 --> 00:31:44,320
Speaker 18: the quality market established through the licensed building practitioner regime,

670
00:31:44,400 --> 00:31:47,160
Speaker 18: and we think this is entirely possible that a builder,

671
00:31:47,240 --> 00:31:51,320
Speaker 18: based on their core qualification, based on their experience, and

672
00:31:51,360 --> 00:31:54,160
Speaker 18: based on their track record with the councils, has the

673
00:31:54,200 --> 00:31:57,640
Speaker 18: ability to opt them to things like we're talking about

674
00:31:57,680 --> 00:31:59,920
Speaker 18: here with the self certification schemes.

675
00:32:00,480 --> 00:32:02,120
Speaker 2: If you talked to the government about that, they open

676
00:32:02,160 --> 00:32:03,520
Speaker 2: to this. It seems common sense.

677
00:32:04,760 --> 00:32:07,880
Speaker 18: We've had some really good discussion with them. They seem

678
00:32:07,920 --> 00:32:10,400
Speaker 18: to be quite open for it. We're hopeful that they

679
00:32:10,400 --> 00:32:12,960
Speaker 18: will be the next charge of this proposal.

680
00:32:13,120 --> 00:32:16,160
Speaker 2: Good. What's this actually achieved? Is it cheaper? Are the

681
00:32:16,320 --> 00:32:18,600
Speaker 2: more homes does? What happens?

682
00:32:19,800 --> 00:32:22,920
Speaker 18: What they're looking to achieve is speed up the time

683
00:32:23,800 --> 00:32:26,680
Speaker 18: of waiting around for builders on site waiting for a

684
00:32:26,680 --> 00:32:29,600
Speaker 18: building inspection. Now right at the moment where the sort

685
00:32:29,640 --> 00:32:33,880
Speaker 18: of low trough of the economic cycle and it's not

686
00:32:33,920 --> 00:32:35,760
Speaker 18: such a big issue, but if we go back three

687
00:32:35,840 --> 00:32:37,560
Speaker 18: years ago, it was a very big issue and it

688
00:32:37,600 --> 00:32:40,760
Speaker 18: will be an issue again. So waiting around for building

689
00:32:41,560 --> 00:32:46,720
Speaker 18: inspectors is costant time. So if that can be reduced

690
00:32:46,840 --> 00:32:49,440
Speaker 18: by a builder and plumbers and train layers, and I

691
00:32:49,440 --> 00:32:53,440
Speaker 18: think that's a really good proposal that's been put in here.

692
00:32:53,440 --> 00:32:58,040
Speaker 18: With plumbers and drain layers to be able to self certify,

693
00:32:59,120 --> 00:33:00,840
Speaker 18: that will speed things up because I don't have to

694
00:33:00,840 --> 00:33:02,480
Speaker 18: work for a builder. Seam good stuff.

695
00:33:02,480 --> 00:33:04,640
Speaker 2: Malcolm, all right, I appreciate your time very much. Malcolm Flemming,

696
00:33:04,640 --> 00:33:06,880
Speaker 2: who's the New Zealand Cerivided Builders Boss. It's ten minutes

697
00:33:06,920 --> 00:33:09,920
Speaker 2: past seven pask Wellington mayoral races taking a turn of

698
00:33:09,960 --> 00:33:12,760
Speaker 2: the incumbent's gone tory finales palled the plug in thron

699
00:33:12,760 --> 00:33:15,320
Speaker 2: who support behind Andrew Little. The former Wellington mayor, Dame

700
00:33:15,440 --> 00:33:19,080
Speaker 2: Kerry printagrausters with us. Kerry, morning to you, Good morning

701
00:33:19,160 --> 00:33:21,960
Speaker 2: to you. Given all that's happened to the city in

702
00:33:22,000 --> 00:33:23,640
Speaker 2: the last few years, do you think this is going

703
00:33:23,720 --> 00:33:25,720
Speaker 2: to drive a bigger turnout, more interest in general?

704
00:33:28,200 --> 00:33:28,840
Speaker 15: One would hope.

705
00:33:28,920 --> 00:33:28,960
Speaker 17: So.

706
00:33:29,520 --> 00:33:32,200
Speaker 15: I mean the bad news is three to one term

707
00:33:32,280 --> 00:33:35,720
Speaker 15: mayors is not good for Wellington. We need stability. We

708
00:33:35,880 --> 00:33:40,080
Speaker 15: need somebody with good governance experience, someone who understands the

709
00:33:40,160 --> 00:33:43,280
Speaker 15: importance of working with government. We need someone who can

710
00:33:43,400 --> 00:33:47,120
Speaker 15: pull a team together and lead our city with honesty

711
00:33:47,160 --> 00:33:50,720
Speaker 15: and integrity. Because when we see polls earlier this year

712
00:33:50,800 --> 00:33:54,400
Speaker 15: that so show forty eight percent have lost trust in

713
00:33:54,480 --> 00:33:58,360
Speaker 15: Wellington City and forty eight percent of elect confidence and

714
00:33:58,480 --> 00:34:02,400
Speaker 15: decision making. Has to be something done to turn our

715
00:34:02,480 --> 00:34:05,880
Speaker 15: city back to the way it was, get our mojo back, that's.

716
00:34:05,760 --> 00:34:06,240
Speaker 18: What we want.

717
00:34:06,560 --> 00:34:08,800
Speaker 2: Having said that, does this open now the field for

718
00:34:08,880 --> 00:34:10,880
Speaker 2: a classic left right split or not?

719
00:34:12,719 --> 00:34:13,480
Speaker 11: I think it does.

720
00:34:14,440 --> 00:34:17,759
Speaker 15: Andrew Little's key put his hand up. He's clearly been

721
00:34:18,560 --> 00:34:22,440
Speaker 15: a labor minister of the Crown. There are a number

722
00:34:22,640 --> 00:34:26,719
Speaker 15: of center center right candidates standing. We have STV here.

723
00:34:26,920 --> 00:34:29,080
Speaker 15: So I think what you will see is that with

724
00:34:29,280 --> 00:34:33,240
Speaker 15: the Greens bowing out in favor of Andrew Little, does.

725
00:34:33,160 --> 00:34:36,200
Speaker 2: The party endorsement that we've seen so far, does that

726
00:34:36,320 --> 00:34:37,000
Speaker 2: help will hinder?

727
00:34:39,560 --> 00:34:41,960
Speaker 15: You mean for Andrew Little Andory?

728
00:34:42,080 --> 00:34:44,319
Speaker 2: I mean, you know the Greens and central government being

729
00:34:44,400 --> 00:34:45,640
Speaker 2: involved in local politics.

730
00:34:46,760 --> 00:34:49,839
Speaker 15: Well, personally I don't believe in party politics at local

731
00:34:49,920 --> 00:34:53,400
Speaker 15: government level, but it is certainly crept and strongly, particularly

732
00:34:53,480 --> 00:34:58,680
Speaker 15: in Wellington over the last decade or so, and you

733
00:34:58,800 --> 00:35:02,400
Speaker 15: do need to work with se government. Andrew would have

734
00:35:02,560 --> 00:35:07,000
Speaker 15: that advantage. There are lots of rumors about why Tory

735
00:35:07,080 --> 00:35:12,160
Speaker 15: stepped aside. Did she not get the Green endorsement? Did

736
00:35:12,560 --> 00:35:17,000
Speaker 15: polling show she wasn't going to win? We will wait

737
00:35:17,080 --> 00:35:20,600
Speaker 15: and see. There won't be any endorsement I suspect for

738
00:35:20,800 --> 00:35:22,960
Speaker 15: any of their candidates on the center scent.

739
00:35:22,880 --> 00:35:24,960
Speaker 2: To right, good insight. I appreciate it very much, Dame

740
00:35:25,040 --> 00:35:27,120
Speaker 2: Kerry Prendergaswa and we're Wellington miror, and of course we

741
00:35:27,520 --> 00:35:30,880
Speaker 2: mustn't forget this endless focus we seem to place on

742
00:35:30,960 --> 00:35:33,160
Speaker 2: me as as though they're presidents. They're just a single

743
00:35:33,280 --> 00:35:35,279
Speaker 2: vote in the council. You can vote for whoever you want.

744
00:35:35,320 --> 00:35:38,040
Speaker 2: They don't get the council they want. It's a problem.

745
00:35:38,120 --> 00:35:41,040
Speaker 2: Thirteen minutes past seven. Ask a good piece and newsroom

746
00:35:41,040 --> 00:35:42,560
Speaker 2: if you want to read it. I love Peter Dunn's

747
00:35:42,560 --> 00:35:44,840
Speaker 2: writing room for the right to capitalize on Wellington woes.

748
00:35:44,840 --> 00:35:46,440
Speaker 2: He's written that in the last couple of days that's

749
00:35:46,440 --> 00:35:48,239
Speaker 2: on the Merrill Race and he knows Wellington as well

750
00:35:48,280 --> 00:35:50,399
Speaker 2: as anybody else coming from that particular part of the world.

751
00:35:50,440 --> 00:35:53,480
Speaker 2: Of course, So Mike, Tory, Farnow and just Sindra done

752
00:35:53,520 --> 00:35:56,080
Speaker 2: both showing the resilience of a Wellington water pipe connection

753
00:35:56,200 --> 00:35:58,680
Speaker 2: with their ten yure challenge being unpopulous, just too much

754
00:35:58,760 --> 00:36:01,560
Speaker 2: to take. I'm so relieved, Mike that Farnow's dropped out.

755
00:36:01,920 --> 00:36:03,400
Speaker 2: I was going to vote for Little just to keep

756
00:36:03,440 --> 00:36:05,160
Speaker 2: her out. Now I can actually think about who to

757
00:36:05,239 --> 00:36:07,880
Speaker 2: vote for seats? Is that to vote for somebody to

758
00:36:07,960 --> 00:36:10,120
Speaker 2: stop something else. That reminds me of the twenty twenty

759
00:36:10,160 --> 00:36:13,560
Speaker 2: election when everyone voted for Lay because they allegedly didn't

760
00:36:13,560 --> 00:36:17,400
Speaker 2: want the Green's getting him. It's bizarre morning, Mike, Research emergency.

761
00:36:17,520 --> 00:36:21,440
Speaker 2: Can you confirm if she far now stands under the

762
00:36:21,480 --> 00:36:24,080
Speaker 2: Maori ward she is appointed and not voted no, We've

763
00:36:24,120 --> 00:36:26,480
Speaker 2: already confirmed that on the program before. So it's a

764
00:36:26,520 --> 00:36:30,280
Speaker 2: contested seat. She will be if she wins it elected,

765
00:36:31,000 --> 00:36:33,360
Speaker 2: and then she may only depending on what happens on

766
00:36:33,440 --> 00:36:37,399
Speaker 2: the vote for the Maori seats in general, be there

767
00:36:37,440 --> 00:36:39,959
Speaker 2: for three years, because I'm assuming if the vote goes

768
00:36:40,480 --> 00:36:42,520
Speaker 2: the way I think it will, they will abolish race

769
00:36:42,600 --> 00:36:45,279
Speaker 2: based seats all over the country where the vote for

770
00:36:45,440 --> 00:36:47,600
Speaker 2: race based seats is being held, and so they should. Mike,

771
00:36:47,640 --> 00:36:49,560
Speaker 2: it's a little bit rich to these so called charities

772
00:36:50,040 --> 00:36:52,680
Speaker 2: can effectively avoid paying tax and apparently it's not enough

773
00:36:52,719 --> 00:36:54,920
Speaker 2: money for the government to go after. And yet of

774
00:36:55,000 --> 00:36:57,439
Speaker 2: my company paying maybe fifty thousand dollars in tax doesn't

775
00:36:57,480 --> 00:36:59,640
Speaker 2: pay up, they'll hunt me down, fair point. But I

776
00:36:59,719 --> 00:37:02,080
Speaker 2: think what we're learning out of Nikola Willis is not

777
00:37:02,280 --> 00:37:05,000
Speaker 2: just about the money, as you heard from Jeff Nightingale

778
00:37:05,000 --> 00:37:06,759
Speaker 2: earlier on the program, it's about the politics of it.

779
00:37:06,840 --> 00:37:06,960
Speaker 14: Ail.

780
00:37:07,000 --> 00:37:09,840
Speaker 2: You're getting into the mari economy, you're getting into the

781
00:37:09,920 --> 00:37:12,839
Speaker 2: charity economy, and there's a lot of politics at play there.

782
00:37:13,000 --> 00:37:17,839
Speaker 2: And once you introduce new law, new rules, people spent

783
00:37:17,880 --> 00:37:20,160
Speaker 2: a lot of time and a lot of energy manipulating

784
00:37:20,239 --> 00:37:24,440
Speaker 2: their business around avoiding tax, so they probably worked out

785
00:37:24,520 --> 00:37:26,840
Speaker 2: it's more trouble than it's worth as opposed to just

786
00:37:26,960 --> 00:37:28,799
Speaker 2: having not as much money as they thought.

787
00:37:29,040 --> 00:37:34,080
Speaker 1: Fourteen past the High Asking Breakfast Full Show podcast on

788
00:37:34,320 --> 00:37:36,680
Speaker 1: iHeartRadio powered by News Talks at b.

789
00:37:37,600 --> 00:37:39,880
Speaker 2: Rich re Quest after Right Jane Jones on the verification

790
00:37:39,960 --> 00:37:42,600
Speaker 2: of the WA TACKERI ranger shortly seventeen past seven. What

791
00:37:42,719 --> 00:37:44,880
Speaker 2: a difference to government makes say under Labour and we

792
00:37:45,000 --> 00:37:47,680
Speaker 2: discussed this at length at the time. Basically literally nobody

793
00:37:47,719 --> 00:37:49,359
Speaker 2: got tossed out of a kayeing or or a house,

794
00:37:49,800 --> 00:37:51,759
Speaker 2: no matter how bad the behavior got. Under the current

795
00:37:51,800 --> 00:37:54,279
Speaker 2: government were up to two hundred and ninety nine tendencies

796
00:37:54,560 --> 00:37:57,320
Speaker 2: tenancies terminated. That's more than double the one hundred and

797
00:37:57,400 --> 00:37:59,760
Speaker 2: thirty four last year. So they are moving litigation lawyer

798
00:37:59,840 --> 00:38:03,040
Speaker 2: the Thorns with us on this adena. Good morning, Good

799
00:38:03,080 --> 00:38:04,799
Speaker 2: morning mate. Do you have a sense of two hundred

800
00:38:04,800 --> 00:38:06,919
Speaker 2: and ninety nine Does that solve the problem or barely

801
00:38:07,000 --> 00:38:07,840
Speaker 2: touches the size?

802
00:38:09,280 --> 00:38:11,960
Speaker 19: It's an improvement, It's a significant improvement. I mean we've

803
00:38:12,000 --> 00:38:15,640
Speaker 19: gone from one to two hundred and ninety nine. Look,

804
00:38:15,840 --> 00:38:18,359
Speaker 19: I had a lot of people contacting me affected by

805
00:38:18,440 --> 00:38:22,160
Speaker 19: this for a couple of years, neighbors next door, across

806
00:38:22,200 --> 00:38:25,080
Speaker 19: the road, everything, And I did some rough calculations. I

807
00:38:25,200 --> 00:38:27,520
Speaker 19: thought the figure that needed to be evicted was about

808
00:38:27,520 --> 00:38:32,040
Speaker 19: one thousand to fifteen hundred, and that's based on the

809
00:38:32,200 --> 00:38:35,239
Speaker 19: number of scale and it's across New Zealand. I mean,

810
00:38:35,320 --> 00:38:38,200
Speaker 19: let's be clear. The media like to call this antisocial.

811
00:38:38,280 --> 00:38:41,359
Speaker 19: It's a good political word, antisocial behavior. I'm not really

812
00:38:41,400 --> 00:38:46,239
Speaker 19: talking about antisocial. I'm talking about people doing really egregious

813
00:38:46,680 --> 00:38:50,760
Speaker 19: violent stuff in housing that is threatening to their neighbors.

814
00:38:50,880 --> 00:38:54,040
Speaker 19: We're talking machetes in the backyard, people screaming all night.

815
00:38:54,080 --> 00:38:56,759
Speaker 19: I mean I've seen the videos. It's all e beep

816
00:38:56,840 --> 00:39:00,440
Speaker 19: sort of stuff. You know, my kids still to be there.

817
00:39:00,560 --> 00:39:02,080
Speaker 19: You don't want to be there. And I spoke to

818
00:39:02,120 --> 00:39:03,759
Speaker 19: a lovely old lady who said to me, I can't

819
00:39:03,760 --> 00:39:04,960
Speaker 19: have my grandchildren's other thing.

820
00:39:05,440 --> 00:39:06,120
Speaker 12: We're talking to, you.

821
00:39:06,160 --> 00:39:07,319
Speaker 19: Know, the worst of the worst.

822
00:39:07,440 --> 00:39:10,920
Speaker 2: Yeah, exactly, as a landlord, a kaying or simply have

823
00:39:11,040 --> 00:39:14,480
Speaker 2: they simply been instructed to be better than they are?

824
00:39:16,160 --> 00:39:19,000
Speaker 19: Well, I think Minister Bishop came out and Saydia was

825
00:39:19,000 --> 00:39:21,239
Speaker 19: going to improve the space, and they're game to him

826
00:39:21,239 --> 00:39:21,800
Speaker 19: because he's.

827
00:39:21,680 --> 00:39:22,239
Speaker 15: Doing just that.

828
00:39:23,080 --> 00:39:26,400
Speaker 19: So I think you're going in the right direction, but

829
00:39:26,880 --> 00:39:28,920
Speaker 19: there's a lot more to be done. I mean, the

830
00:39:29,000 --> 00:39:31,480
Speaker 19: conversations that I've had recently is not as many people

831
00:39:31,520 --> 00:39:35,239
Speaker 19: are contacting me, which is great news. People have said

832
00:39:35,239 --> 00:39:37,719
Speaker 19: to me that they're actually getting moved rather than their

833
00:39:38,040 --> 00:39:41,520
Speaker 19: beachmark's antisocial neighbor. There's a lot of that going on.

834
00:39:41,800 --> 00:39:46,320
Speaker 19: So it's been the moving the so called antisocial person.

835
00:39:46,440 --> 00:39:48,680
Speaker 19: They move the people around them. But it's sort of

836
00:39:48,800 --> 00:39:51,360
Speaker 19: still going in the right direction. In terms of the areas.

837
00:39:51,800 --> 00:39:55,759
Speaker 19: They seem to be still kind of up there. I mean,

838
00:39:55,840 --> 00:39:58,040
Speaker 19: I've been doing some sort of reading around that and

839
00:39:58,080 --> 00:39:59,919
Speaker 19: trying to work out. I mean, kaya Or is great

840
00:40:00,160 --> 00:40:02,400
Speaker 19: on rhetoric. They're great at putting out all this spin

841
00:40:03,360 --> 00:40:06,279
Speaker 19: and it's very hard to drill into what's actually going on.

842
00:40:06,560 --> 00:40:09,200
Speaker 15: But I'd like to know, you know, are.

843
00:40:09,160 --> 00:40:12,960
Speaker 19: The really genuinely calling up these areas and at what

844
00:40:13,200 --> 00:40:15,800
Speaker 19: rate per week? And are they cutch having interest or

845
00:40:15,920 --> 00:40:19,200
Speaker 19: is this just the government departments says, oh yeah, we'll

846
00:40:19,320 --> 00:40:21,480
Speaker 19: chase us up, but actually a dollar a week and

847
00:40:21,560 --> 00:40:22,839
Speaker 19: you'll be here in twenty six years.

848
00:40:23,200 --> 00:40:25,439
Speaker 2: Very good point. Actually, we'll follow this up that there's

849
00:40:25,480 --> 00:40:28,240
Speaker 2: a research and emergency. We'll get that underway with Sammy,

850
00:40:28,280 --> 00:40:30,680
Speaker 2: our research assistant this morning and we'll produce some numbers

851
00:40:30,719 --> 00:40:32,880
Speaker 2: for you tomorrow. What the areas are are they getting

852
00:40:32,920 --> 00:40:35,600
Speaker 2: worsened by? How much? Adina Thorn, who's a litigation lawyer,

853
00:40:35,840 --> 00:40:38,680
Speaker 2: need to come back to these tariffs, rich request after rape,

854
00:40:38,680 --> 00:40:40,320
Speaker 2: but the tariffs and Trump's one hundred days and a

855
00:40:40,360 --> 00:40:41,400
Speaker 2: moment seven twenty.

856
00:40:43,160 --> 00:40:47,920
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio, Power

857
00:40:48,040 --> 00:40:49,040
Speaker 1: by News Talks it be.

858
00:40:51,120 --> 00:40:53,719
Speaker 2: If you're a business leader, you'll understand that AI high

859
00:40:53,800 --> 00:40:56,560
Speaker 2: potential when you know when it comes to complex documents

860
00:40:56,600 --> 00:40:58,600
Speaker 2: and they need to be analyzed. If your business involves

861
00:40:58,640 --> 00:41:02,120
Speaker 2: an intricate analysis of multiple documents, lots of reports, automating

862
00:41:02,160 --> 00:41:04,880
Speaker 2: those workflows with AI is going to provide faster and

863
00:41:04,960 --> 00:41:07,280
Speaker 2: better outcomes at a much lower cost. So your knowledge

864
00:41:07,320 --> 00:41:09,839
Speaker 2: workers currently doing all this stuff, they're going to welcome

865
00:41:09,880 --> 00:41:12,480
Speaker 2: the automation of these mundane but critical tasks. They'll be

866
00:41:12,520 --> 00:41:15,600
Speaker 2: freed up to tackle that higher value work and greatly

867
00:41:15,640 --> 00:41:17,920
Speaker 2: appreciate the elimination of the drudgery in their day. So

868
00:41:18,080 --> 00:41:18,879
Speaker 2: how does this all work?

869
00:41:18,960 --> 00:41:19,120
Speaker 12: Well?

870
00:41:19,600 --> 00:41:23,480
Speaker 2: One nets sister company, Grizzly AI, they built a safe

871
00:41:23,520 --> 00:41:26,560
Speaker 2: and secure path for risk averse businesses to access generative

872
00:41:26,680 --> 00:41:29,359
Speaker 2: AI and Grizzly AI software that allows you to build

873
00:41:29,360 --> 00:41:32,879
Speaker 2: automated workflows with complex documents and have transparent insight into

874
00:41:32,920 --> 00:41:36,720
Speaker 2: how those workflows perform. Excellent first step in capturing enormous

875
00:41:36,719 --> 00:41:39,279
Speaker 2: productivity value from AI. And you do it safely and

876
00:41:39,360 --> 00:41:41,600
Speaker 2: you do it securely online at one neet dot co

877
00:41:41,719 --> 00:41:43,880
Speaker 2: dot nz. Remember at one net dot co dot z

878
00:41:44,280 --> 00:41:47,200
Speaker 2: get a complimentary consultation to assess how your business can

879
00:41:47,320 --> 00:41:50,560
Speaker 2: accelerate your knowledge workers productivity with AI. So you've got

880
00:41:50,600 --> 00:41:54,960
Speaker 2: one net plus Grizzly, AIA powerful team for your business.

881
00:41:55,840 --> 00:41:57,160
Speaker 1: Asking seven twenty four.

882
00:41:57,360 --> 00:41:59,200
Speaker 2: So the question I ask about Trump at one hundred

883
00:41:59,280 --> 00:42:02,040
Speaker 2: days is if it wasn't for the tariffs, would things

884
00:42:02,080 --> 00:42:04,399
Speaker 2: be completely different? And I think you know the answers yes.

885
00:42:04,880 --> 00:42:06,440
Speaker 2: The pole numbers that make the most sense to me

886
00:42:06,520 --> 00:42:08,520
Speaker 2: are the ones that say the bulk of Americans i e.

887
00:42:08,800 --> 00:42:12,600
Speaker 2: Seven out of ten are not surprised. He's doing basically

888
00:42:12,680 --> 00:42:14,319
Speaker 2: what he said he would do, and at normal times

889
00:42:14,360 --> 00:42:16,040
Speaker 2: that would be a revelation if not a good thing.

890
00:42:16,600 --> 00:42:20,120
Speaker 2: He's exporting crocs, he's cutting waste, he is relentless in

891
00:42:20,160 --> 00:42:22,840
Speaker 2: his agenda. He's omnipresent, he's battling the courts. He's surrounded

892
00:42:22,880 --> 00:42:25,920
Speaker 2: by eclectic and sometimes baffoonished characters, all of which you

893
00:42:26,000 --> 00:42:29,400
Speaker 2: would be unfair to suggest isn't exactly what one happened

894
00:42:29,400 --> 00:42:32,240
Speaker 2: between twenty sixteen and twenty twenty and two. He promised

895
00:42:32,280 --> 00:42:35,799
Speaker 2: he would do the usual false reportage continues as if

896
00:42:35,880 --> 00:42:39,800
Speaker 2: the bideneerer didn't interrupt Trump one, small details like the

897
00:42:39,840 --> 00:42:41,640
Speaker 2: color of a suit over the weekend at the funeral,

898
00:42:41,920 --> 00:42:44,440
Speaker 2: the fact the war isn't over literally on day one.

899
00:42:44,719 --> 00:42:46,440
Speaker 2: You can choose your reaction to that sort of thing.

900
00:42:46,480 --> 00:42:49,120
Speaker 2: The media chooses to be meopic and at times childish

901
00:42:49,160 --> 00:42:51,600
Speaker 2: and pedantic. But what's the point. We know he's like

902
00:42:51,680 --> 00:42:54,479
Speaker 2: no other president. He makes stuff up, he exaggerates, he lies,

903
00:42:54,520 --> 00:42:56,920
Speaker 2: he weaves. Forget whether it's good or bad or dangerous.

904
00:42:57,040 --> 00:42:57,600
Speaker 2: It's who he is.

905
00:42:57,960 --> 00:42:58,440
Speaker 14: We know this.

906
00:42:58,840 --> 00:43:02,200
Speaker 2: Therefore, you might want to adjust your reportage. Things at

907
00:43:02,280 --> 00:43:05,080
Speaker 2: day one hundred would be normal. I think in Trump

908
00:43:05,160 --> 00:43:07,400
Speaker 2: world if it hadn't been for the teriffs, and in

909
00:43:07,480 --> 00:43:10,239
Speaker 2: the tariffs is the greatest of mistakes, And for the

910
00:43:10,320 --> 00:43:13,359
Speaker 2: life of me, I still can't figure it out. Match

911
00:43:13,440 --> 00:43:16,440
Speaker 2: tariffs on those who tariff you sure, China twenty percent,

912
00:43:16,520 --> 00:43:19,560
Speaker 2: I see you twenty percent. But the tariffs are what

913
00:43:19,760 --> 00:43:24,279
Speaker 2: is is undoing, universal tariffs on everything from nowhere. They

914
00:43:24,320 --> 00:43:27,440
Speaker 2: don't make any sense. They've tanked markets, they've killed growth,

915
00:43:27,640 --> 00:43:31,120
Speaker 2: They've created fear and economic carnage, and still they make

916
00:43:31,200 --> 00:43:33,319
Speaker 2: no sense. I'm sure deals are going to be done

917
00:43:33,440 --> 00:43:35,759
Speaker 2: with some people, but the damage will have well, it's

918
00:43:35,800 --> 00:43:38,480
Speaker 2: already been done. The ducking, the diving, the making it

919
00:43:38,560 --> 00:43:41,200
Speaker 2: up as you go along isn't deal making. It's insanity.

920
00:43:41,520 --> 00:43:43,920
Speaker 2: Ships are docked, goods aren't moving, Dollars are being flushed,

921
00:43:43,920 --> 00:43:47,000
Speaker 2: and jobs are being lost. The political capital is being

922
00:43:47,080 --> 00:43:48,920
Speaker 2: burned at a rate of knots. The poles will tell

923
00:43:49,000 --> 00:43:51,959
Speaker 2: the same story. His support is drained, but the big pole,

924
00:43:52,440 --> 00:43:56,160
Speaker 2: the midterms, might ultimately be as undoing. He barely has

925
00:43:56,200 --> 00:44:00,279
Speaker 2: the numbers now to conduct government, far less once America votes.

926
00:44:00,320 --> 00:44:03,160
Speaker 2: And if that goes badly and you're a lame duck president,

927
00:44:03,719 --> 00:44:06,600
Speaker 2: when does the golden age arrive? If you've blown it

928
00:44:06,719 --> 00:44:10,239
Speaker 2: up in your first three months? Asking I might yet

929
00:44:10,239 --> 00:44:13,880
Speaker 2: another failed politician referenced a little. Yet another failed politician

930
00:44:13,960 --> 00:44:17,120
Speaker 2: wants to be mayor? Is he failed or is he experienced?

931
00:44:17,560 --> 00:44:20,239
Speaker 2: Just because things didn't go well in a specific set

932
00:44:20,239 --> 00:44:22,400
Speaker 2: of circumstances i e. At the wrong time, at the

933
00:44:22,400 --> 00:44:25,279
Speaker 2: wrong place, he was a leader, wasn't polling particularly well?

934
00:44:25,360 --> 00:44:27,000
Speaker 2: Saw somebody else i e. A doerne who could do

935
00:44:27,040 --> 00:44:28,560
Speaker 2: a better job. Does that make him a failure or

936
00:44:28,680 --> 00:44:31,520
Speaker 2: does it make it insightful? Is he experienced? And does

937
00:44:31,560 --> 00:44:33,839
Speaker 2: that experience in a different venue at a different time,

938
00:44:33,920 --> 00:44:36,440
Speaker 2: in a different place turn out to be very tradable

939
00:44:36,480 --> 00:44:39,040
Speaker 2: and very valuable. Look at all the entrepreneurs, they say,

940
00:44:39,080 --> 00:44:40,799
Speaker 2: to be a great entrepreneur, you need to fail over

941
00:44:40,840 --> 00:44:43,040
Speaker 2: and over again. So when the entrepreneur goes bankrupt, is

942
00:44:43,080 --> 00:44:45,200
Speaker 2: he a failure? Sheer failure? And when they go and

943
00:44:45,280 --> 00:44:48,000
Speaker 2: invent something, build something brilliant, suddenly you see them as

944
00:44:48,000 --> 00:44:49,640
Speaker 2: a success story. But wait a minute, what happened to

945
00:44:49,680 --> 00:44:52,920
Speaker 2: the failure? So once a failure, always a failure, or

946
00:44:53,040 --> 00:44:57,600
Speaker 2: once a failure somebody is slightly more experienced now, Shane Jones,

947
00:44:57,600 --> 00:44:59,440
Speaker 2: the White Tackers won't bore you with a fine detail,

948
00:44:59,480 --> 00:45:01,040
Speaker 2: But the White tax for his massive mountains in the

949
00:45:01,040 --> 00:45:03,480
Speaker 2: west of Auckland, and they've got a whole bunch of

950
00:45:03,520 --> 00:45:05,480
Speaker 2: people wanting to run them, or look after them, or

951
00:45:05,880 --> 00:45:08,120
Speaker 2: guide them, or be guardians of them. Some of them

952
00:45:08,120 --> 00:45:11,719
Speaker 2: are Maori. Shane's going hold on here, that's the rarification

953
00:45:11,880 --> 00:45:14,040
Speaker 2: of New Zealand and were at New Zealand first? Aren't?

954
00:45:14,080 --> 00:45:15,480
Speaker 2: And to that He's next.

955
00:45:16,760 --> 00:45:20,800
Speaker 1: Your source of freaking news, challenging opinion and honored facts.

956
00:45:21,120 --> 00:45:24,239
Speaker 1: The Mike Hosking breakfast with the range Rover vi La

957
00:45:24,680 --> 00:45:27,200
Speaker 1: designed to intrigue, can use Togstad beer.

958
00:45:27,280 --> 00:45:29,319
Speaker 2: Won't your quest after? Righte on the one hundred days

959
00:45:29,320 --> 00:45:31,600
Speaker 2: and Trump's tariffs and the effect on us all and

960
00:45:31,680 --> 00:45:33,320
Speaker 2: it is on us all you know. I gave you

961
00:45:33,400 --> 00:45:35,719
Speaker 2: the examples of China and the factories closing, the people

962
00:45:35,800 --> 00:45:37,719
Speaker 2: getting sent home, and all the ships out of Korea

963
00:45:37,800 --> 00:45:39,520
Speaker 2: that aren't going. I gave you numbers the other day

964
00:45:39,560 --> 00:45:42,120
Speaker 2: of Long Beach in Los Angeles are the two biggest

965
00:45:42,160 --> 00:45:44,920
Speaker 2: ports is regarding the acceptance of Chinese goods into the

966
00:45:44,920 --> 00:45:47,800
Speaker 2: West Coast of America. The number of containers coming in

967
00:45:47,880 --> 00:45:49,400
Speaker 2: it was one hundred and twenty thousand a week is

968
00:45:49,440 --> 00:45:51,440
Speaker 2: now down to sixty six, so it's material. And then

969
00:45:51,560 --> 00:45:54,360
Speaker 2: yesterday delegates who make a very nice bottle of wine,

970
00:45:54,800 --> 00:45:58,560
Speaker 2: they've revised down their sales and they're operating profit guidance

971
00:45:58,680 --> 00:46:01,040
Speaker 2: for the junior Why because they don't think they're going

972
00:46:01,080 --> 00:46:03,799
Speaker 2: to sell as much wine and to America. So an

973
00:46:03,840 --> 00:46:06,560
Speaker 2: operating net profit after tax of forty seven million to

974
00:46:06,880 --> 00:46:10,040
Speaker 2: forty seven to fifty million. It was fifty five to

975
00:46:10,120 --> 00:46:13,600
Speaker 2: sixty So that's millions of business they don't think they're

976
00:46:13,680 --> 00:46:17,799
Speaker 2: going to do. It's the ten percent tariff now forecasting

977
00:46:17,840 --> 00:46:21,200
Speaker 2: their global case sales at three point one million cases,

978
00:46:21,760 --> 00:46:26,000
Speaker 2: down five percent, five percent on previous guidance and twelve

979
00:46:26,040 --> 00:46:29,760
Speaker 2: percent on the last year. That's just a tangible, real

980
00:46:29,880 --> 00:46:33,400
Speaker 2: world working of how tariff's work or don't work. But

981
00:46:33,480 --> 00:46:52,239
Speaker 2: more shortly twenty ten minutes away from a this we

982
00:46:52,320 --> 00:46:54,480
Speaker 2: can't get enough, Peter Garrett. We have a clash of

983
00:46:54,520 --> 00:46:56,680
Speaker 2: sorts between central and local governments. So we got New

984
00:46:56,760 --> 00:46:59,600
Speaker 2: Zealand Person Act. They're joining versus forces out of the

985
00:46:59,600 --> 00:47:02,279
Speaker 2: way tax rangers co governance debate. Now, the theory is

986
00:47:02,320 --> 00:47:05,480
Speaker 2: the rangers under a deed of acknowledgment are overseen by

987
00:47:05,480 --> 00:47:08,680
Speaker 2: a local council. The Crown and local MARI representation would

988
00:47:08,680 --> 00:47:10,080
Speaker 2: be a fifty to fifty split, and this is where

989
00:47:10,080 --> 00:47:13,399
Speaker 2: the upset comes in. In New Zealand First MP Shane

990
00:47:13,440 --> 00:47:14,600
Speaker 2: Jones with us on this good.

991
00:47:14,480 --> 00:47:15,920
Speaker 11: Morning, Hey morning folks.

992
00:47:16,120 --> 00:47:18,840
Speaker 2: As much as we might agree with you and indeed

993
00:47:18,920 --> 00:47:21,160
Speaker 2: act on this, is this even your domain? This is

994
00:47:21,200 --> 00:47:22,160
Speaker 2: a council issue, isn't it?

995
00:47:23,840 --> 00:47:23,880
Speaker 14: No?

996
00:47:24,000 --> 00:47:27,480
Speaker 11: An actual fact the Crown is involved because the Department

997
00:47:27,520 --> 00:47:30,880
Speaker 11: of Conservation has a stake in the future of this

998
00:47:31,040 --> 00:47:34,600
Speaker 11: twenty seven thousand hectares otherwise known as the White Target Rangers.

999
00:47:35,160 --> 00:47:38,359
Speaker 11: And look at less a loud voice publicizes these things.

1000
00:47:38,400 --> 00:47:41,560
Speaker 11: You've got these secret operatives from the Labor Party, mister Hill,

1001
00:47:41,880 --> 00:47:44,520
Speaker 11: Greg President, pushing this agenda and.

1002
00:47:44,760 --> 00:47:45,640
Speaker 18: We're not going to stand for it.

1003
00:47:45,840 --> 00:47:47,640
Speaker 2: When you say the agenda though it's been around since

1004
00:47:47,680 --> 00:47:49,440
Speaker 2: two thousand and eight, this is the way Tackari Rangers

1005
00:47:49,480 --> 00:47:52,600
Speaker 2: Heritage Area act. This is hardly new, it's hardly breaking news.

1006
00:47:52,719 --> 00:47:58,160
Speaker 11: Why now, Well, funnily enough or perversely, I was around

1007
00:47:58,200 --> 00:48:00,120
Speaker 11: in two thousand and eight and there's no way at

1008
00:48:00,160 --> 00:48:03,680
Speaker 11: Helen Clark at one thousand million years with ever have

1009
00:48:03,840 --> 00:48:06,439
Speaker 11: committed an April two thousand and eight to this piece

1010
00:48:06,440 --> 00:48:09,360
Speaker 11: of legislation if it was going to turn into a

1011
00:48:09,440 --> 00:48:13,160
Speaker 11: platform for co governance. Now, there's nothing wrong with the

1012
00:48:13,280 --> 00:48:16,279
Speaker 11: Muckey people who come from Bethel's Beach and they lost

1013
00:48:16,320 --> 00:48:19,080
Speaker 11: their land many years ago and they're trying to re

1014
00:48:19,200 --> 00:48:22,360
Speaker 11: establish Amraa out there. But these are the same people

1015
00:48:22,440 --> 00:48:25,440
Speaker 11: that labour did over at Humartal Winston and I stuck

1016
00:48:25,520 --> 00:48:30,600
Speaker 11: up for them, and sadly they're being used as ideological

1017
00:48:30,680 --> 00:48:32,920
Speaker 11: meat in the sandwich. We are not going to tolerate

1018
00:48:33,520 --> 00:48:37,240
Speaker 11: any sliver of co governance over twenty seven thousand hectares

1019
00:48:37,320 --> 00:48:40,160
Speaker 11: of West Auckland Heritage Area, a third of which is

1020
00:48:40,200 --> 00:48:41,000
Speaker 11: privately owned.

1021
00:48:41,400 --> 00:48:43,360
Speaker 2: What literally can you do about it?

1022
00:48:44,760 --> 00:48:48,239
Speaker 11: Well, in the event that the council does desire to

1023
00:48:48,320 --> 00:48:51,040
Speaker 11: set up a committee, committees are set up under the

1024
00:48:51,080 --> 00:48:55,879
Speaker 11: Local Government Act and the actual look, the actual Act

1025
00:48:55,960 --> 00:48:58,080
Speaker 11: going back to two thousand and eight, has got a

1026
00:48:58,160 --> 00:49:01,440
Speaker 11: lot of harmless provisions. But this is what happens. They

1027
00:49:01,520 --> 00:49:04,279
Speaker 11: are cultivated and they are accelerated and in what you

1028
00:49:04,360 --> 00:49:07,640
Speaker 11: think is harmless for many years ago, turns into a

1029
00:49:07,719 --> 00:49:10,080
Speaker 11: bugger's moddel Look no further than the future of the

1030
00:49:10,160 --> 00:49:11,680
Speaker 11: autoword to Park for that answer.

1031
00:49:12,040 --> 00:49:14,480
Speaker 2: So you will legislate to prevent this happening, is what

1032
00:49:14,560 --> 00:49:16,400
Speaker 2: you're saying. So if you are going to do that,

1033
00:49:16,480 --> 00:49:18,000
Speaker 2: do you have the numbers because it's you an act

1034
00:49:18,080 --> 00:49:19,000
Speaker 2: you have national.

1035
00:49:20,000 --> 00:49:23,080
Speaker 11: Well, let's get the facts first. If DOC are involved,

1036
00:49:23,200 --> 00:49:26,000
Speaker 11: there's no way that DOC has a mandate to facilitate

1037
00:49:26,160 --> 00:49:29,160
Speaker 11: co governance. DOC is a part of Central government. All

1038
00:49:29,200 --> 00:49:33,000
Speaker 11: of the documents that are being spread around foolishly by

1039
00:49:33,080 --> 00:49:35,279
Speaker 11: the Super City Council, which are trying in a very

1040
00:49:35,320 --> 00:49:38,279
Speaker 11: sneaky way to introduce this co governance outcome cannot do

1041
00:49:38,320 --> 00:49:41,480
Speaker 11: it without Dock's outcome without Dock and DOC is part

1042
00:49:41,520 --> 00:49:44,480
Speaker 11: of central government, and central government will be obedient to

1043
00:49:44,600 --> 00:49:45,640
Speaker 11: the coalition agreement.

1044
00:49:46,080 --> 00:49:49,879
Speaker 2: Edward Ashby, who's representing the local Lyewy, he says, you're optimischief.

1045
00:49:50,200 --> 00:49:53,000
Speaker 2: This is misinformation. You're scaremongering and you need to learn

1046
00:49:53,080 --> 00:49:53,359
Speaker 2: to read.

1047
00:49:55,239 --> 00:49:57,000
Speaker 11: Look, I don't want to get into a slinging match

1048
00:49:57,080 --> 00:49:59,480
Speaker 11: with young Edward. You needs to focus on building on

1049
00:49:59,560 --> 00:50:00,600
Speaker 11: myria speech.

1050
00:50:00,680 --> 00:50:03,239
Speaker 2: All right, appreciate it. Time. Shane Jones, New Zealand, first MP,

1051
00:50:03,440 --> 00:50:07,200
Speaker 2: ninety minutes away from eight asking fairly significant. So if

1052
00:50:07,239 --> 00:50:09,279
Speaker 2: you're not aware, Nichola Willis is giving a speech to

1053
00:50:09,320 --> 00:50:12,160
Speaker 2: a Chamber of Commerce and Lower Heart this morning. There

1054
00:50:12,320 --> 00:50:14,480
Speaker 2: was going to be there probably will be some detail

1055
00:50:14,560 --> 00:50:19,560
Speaker 2: on the upcoming budget what is revelationary so far is

1056
00:50:19,680 --> 00:50:22,480
Speaker 2: what's called the operating allowance. Now, the operating allowance in

1057
00:50:22,480 --> 00:50:24,520
Speaker 2: the last budget was two point four billion dollars. And

1058
00:50:24,560 --> 00:50:26,640
Speaker 2: the thing about the operating allowance and the last budget

1059
00:50:26,640 --> 00:50:29,799
Speaker 2: at two point four billion dollars was that's hardly any money.

1060
00:50:30,080 --> 00:50:33,160
Speaker 2: And everyone went, jeez, I have no idea how she's

1061
00:50:33,239 --> 00:50:35,160
Speaker 2: going to make ends meet at two point four billion.

1062
00:50:35,200 --> 00:50:39,200
Speaker 2: The operating allowance is separate from all the other stuff.

1063
00:50:39,280 --> 00:50:41,879
Speaker 2: You know, you fund your education, your fund your health,

1064
00:50:41,960 --> 00:50:43,279
Speaker 2: you do all of that sort of thing, and then

1065
00:50:43,320 --> 00:50:46,239
Speaker 2: you sort of gerrymanned the process by spreading it out

1066
00:50:46,320 --> 00:50:48,920
Speaker 2: over several years and making yourself sound better. That's all

1067
00:50:48,960 --> 00:50:52,400
Speaker 2: the politics of the budget. But the operating allowance is

1068
00:50:52,480 --> 00:50:55,640
Speaker 2: what you've got there in your pocket to go out

1069
00:50:55,719 --> 00:50:57,839
Speaker 2: into the world and do stuff with. And she set

1070
00:50:57,880 --> 00:51:01,279
Speaker 2: it at two point four. It was cut dramatically to

1071
00:51:01,360 --> 00:51:03,720
Speaker 2: two point four and a lot of people then wondered

1072
00:51:03,760 --> 00:51:07,080
Speaker 2: whether that was possible. Then came you might remember Farmak

1073
00:51:07,520 --> 00:51:11,080
Speaker 2: and the National Party's drug cancer drug promise and what

1074
00:51:11,160 --> 00:51:12,759
Speaker 2: they were going to do about that because they didn't

1075
00:51:12,760 --> 00:51:14,960
Speaker 2: deliver on that, but they got bullied into delivering and

1076
00:51:15,000 --> 00:51:17,560
Speaker 2: they had to find six hundred million dollars that came

1077
00:51:17,600 --> 00:51:19,160
Speaker 2: out of the two point four, So two point four

1078
00:51:19,200 --> 00:51:20,719
Speaker 2: became one point and they'll go, well, hold on two

1079
00:51:20,719 --> 00:51:22,680
Speaker 2: point four. You suddenly spent out half a billion dollars

1080
00:51:22,800 --> 00:51:25,719
Speaker 2: just like that. So it focused our minds into how

1081
00:51:25,840 --> 00:51:30,560
Speaker 2: little they actually have. And that's because our economy is bugged,

1082
00:51:31,120 --> 00:51:34,080
Speaker 2: and it's because the Labor Party ruined the economy and

1083
00:51:34,360 --> 00:51:36,720
Speaker 2: we need to slowly but surely rebuild it. This morning,

1084
00:51:36,800 --> 00:51:40,040
Speaker 2: she has announced the operating allowance is going from two

1085
00:51:40,080 --> 00:51:44,680
Speaker 2: point four to one point three in a government sense,

1086
00:51:44,960 --> 00:51:48,480
Speaker 2: that is literally fifty cent lolly mixed your money. She

1087
00:51:48,719 --> 00:51:51,719
Speaker 2: has no money. One point three billion dollars. I mean,

1088
00:51:51,800 --> 00:51:54,640
Speaker 2: God bless her for a discipline, and she's to be

1089
00:51:54,760 --> 00:51:58,000
Speaker 2: congratulated for, you know, not throwing it caution to the

1090
00:51:58,040 --> 00:52:01,600
Speaker 2: wind and just borrowing like everybody else. But one point three,

1091
00:52:01,760 --> 00:52:04,520
Speaker 2: if she can pull that off, One is brave. Two

1092
00:52:04,640 --> 00:52:05,600
Speaker 2: is bordering on a miracle.

1093
00:52:05,880 --> 00:52:10,600
Speaker 1: Seventeen to two The Vike Hosking Breakfast Full Show podcast

1094
00:52:10,800 --> 00:52:14,759
Speaker 1: on iHeartRadio, how ad By News Talks, it'd be yeah.

1095
00:52:14,760 --> 00:52:16,839
Speaker 2: Apart from that, just having grows through the speech, it's

1096
00:52:16,840 --> 00:52:20,840
Speaker 2: eight pages long and small typing. But that's the headline

1097
00:52:20,880 --> 00:52:22,600
Speaker 2: of the day. Two point four to one point three.

1098
00:52:22,640 --> 00:52:25,080
Speaker 2: The fiscal forecast not going to be finalized until later

1099
00:52:25,160 --> 00:52:28,800
Speaker 2: this week. Smaller operating allowance means we'll continue to forecast

1100
00:52:28,840 --> 00:52:30,880
Speaker 2: to surplus in twenty twenty nine. You notice how far

1101
00:52:31,000 --> 00:52:32,640
Speaker 2: that's gone out since she's been in power. He only

1102
00:52:32,719 --> 00:52:34,400
Speaker 2: been in power since twenty twenty three, and so it

1103
00:52:34,480 --> 00:52:36,680
Speaker 2: was going to be twenty five. It was twenty six,

1104
00:52:36,920 --> 00:52:39,520
Speaker 2: twenty seven, twenty eight hour out to twenty nine. And

1105
00:52:39,640 --> 00:52:42,880
Speaker 2: that's just an annual surplus. That's not paying down debt

1106
00:52:42,960 --> 00:52:45,800
Speaker 2: or anything. That's just a year in which we don't

1107
00:52:45,880 --> 00:52:50,600
Speaker 2: spend more than we make. So twenty twenty nine, and

1108
00:52:50,640 --> 00:52:53,040
Speaker 2: even that's fingers crossed. Our budget will still deliver increased

1109
00:52:53,080 --> 00:52:55,400
Speaker 2: investment and things like you know, blah blah blah, health, education,

1110
00:52:55,480 --> 00:52:58,360
Speaker 2: et cetera. So that's going to be money from other areas.

1111
00:52:58,400 --> 00:53:02,080
Speaker 2: It will be savings read tributed elsewhere. Instability may not

1112
00:53:02,200 --> 00:53:04,080
Speaker 2: be a passing tree in New Zealand. Can't expect to

1113
00:53:04,160 --> 00:53:06,120
Speaker 2: keep borrowing as much as we are now. Good honor

1114
00:53:06,160 --> 00:53:08,080
Speaker 2: for saying it. It's not a time to kick the

1115
00:53:08,160 --> 00:53:10,480
Speaker 2: can down the road. Good honor, for saying it. It's

1116
00:53:10,520 --> 00:53:13,400
Speaker 2: against a difficult backdrop. The next decade can be our decades,

1117
00:53:13,440 --> 00:53:15,720
Speaker 2: she claims, and she goes on about our natural resources

1118
00:53:15,760 --> 00:53:18,360
Speaker 2: and beautiful you know, all the other stuff that politicians

1119
00:53:18,440 --> 00:53:18,719
Speaker 2: go on.

1120
00:53:19,840 --> 00:53:23,760
Speaker 10: Just you know, hang tight till yeah twenty thirty.

1121
00:53:24,120 --> 00:53:24,400
Speaker 18: Jeez.

1122
00:53:25,600 --> 00:53:28,400
Speaker 2: And this doesn't help James Meagher, who I don't know,

1123
00:53:29,560 --> 00:53:31,919
Speaker 2: but we all got excited. Remember when James meagah stood

1124
00:53:32,000 --> 00:53:33,680
Speaker 2: up in the Parliament and he gave his maiden speech

1125
00:53:33,719 --> 00:53:33,920
Speaker 2: and we.

1126
00:53:33,960 --> 00:53:36,880
Speaker 1: Went, oh, so wonderful, isn't he?

1127
00:53:37,920 --> 00:53:39,480
Speaker 2: And then that was the last year I heard of him.

1128
00:53:39,480 --> 00:53:41,640
Speaker 2: He's got made the minister for the South Island. He's

1129
00:53:41,640 --> 00:53:45,879
Speaker 2: Associate Transport Minister for reasons best known to himself. He's

1130
00:53:45,920 --> 00:53:49,320
Speaker 2: starting waxing lyrical about the government supporting in New Zealand

1131
00:53:49,360 --> 00:53:51,920
Speaker 2: because you can't fly from Palmerston North to Wanganui for

1132
00:53:52,040 --> 00:53:55,320
Speaker 2: five dollars and so he's talking about provincial regional New Zealand.

1133
00:53:55,400 --> 00:53:57,719
Speaker 2: Nothing wrong with that. Yes, the prices are too high.

1134
00:53:58,160 --> 00:54:00,360
Speaker 2: Yes it would be nice if we had eighteen air lines,

1135
00:54:00,400 --> 00:54:02,560
Speaker 2: Yes it would be nice. I Emirates went from you know,

1136
00:54:02,760 --> 00:54:05,640
Speaker 2: Omoru to Ashburton three times a day in first class.

1137
00:54:05,840 --> 00:54:08,520
Speaker 2: None of it's real. We're a tiny little country at

1138
00:54:08,560 --> 00:54:10,759
Speaker 2: the bottom of the world with five million people and

1139
00:54:10,920 --> 00:54:13,400
Speaker 2: we have room for about one and a half airlines.

1140
00:54:13,480 --> 00:54:15,560
Speaker 2: That's been proven over and over and over and over

1141
00:54:15,600 --> 00:54:17,880
Speaker 2: and over again. And it's not like Air New Zealand

1142
00:54:17,920 --> 00:54:19,960
Speaker 2: before you text me and go a year Zaleand are

1143
00:54:20,040 --> 00:54:22,960
Speaker 2: bastards and they're ripping me off before you say that.

1144
00:54:23,080 --> 00:54:25,560
Speaker 2: They're hardly making money. They've got no engines, they've got

1145
00:54:25,640 --> 00:54:27,720
Speaker 2: no planes, they've got a world of pain at the moment,

1146
00:54:28,280 --> 00:54:31,800
Speaker 2: and it's difficult. But a government minister coming in and going, hmmm,

1147
00:54:32,320 --> 00:54:34,920
Speaker 2: I wonder if the government wouldn't be interested in supporting

1148
00:54:34,920 --> 00:54:38,520
Speaker 2: Air New Zealand to make regional flying go you go,

1149
00:54:38,880 --> 00:54:42,319
Speaker 2: go now, James to Nicholas's office when she gets back

1150
00:54:42,360 --> 00:54:45,040
Speaker 2: from his speech, float the idea and see how many

1151
00:54:45,160 --> 00:54:46,480
Speaker 2: books are thrown at your head.

1152
00:54:46,640 --> 00:54:48,399
Speaker 20: So that is that the kind of thing that they'd

1153
00:54:48,440 --> 00:54:52,200
Speaker 20: spend some of this operating allow No, Glen, it's not

1154
00:54:52,320 --> 00:54:53,800
Speaker 20: see I'm trying to get to the bottom of this.

1155
00:54:55,200 --> 00:54:56,359
Speaker 10: I've been googling it up.

1156
00:54:56,680 --> 00:54:57,480
Speaker 2: Operating allowance.

1157
00:54:57,560 --> 00:54:58,600
Speaker 10: Yeah, yeah, oh you could.

1158
00:54:59,040 --> 00:55:03,000
Speaker 20: Apparently it's really to the operating balance before gains and losses,

1159
00:55:03,040 --> 00:55:05,440
Speaker 20: which is otherwise known as obi gale abigal.

1160
00:55:05,600 --> 00:55:08,040
Speaker 2: Yes, and so it's the money you've set aside to

1161
00:55:08,200 --> 00:55:11,200
Speaker 2: spend on stuff. You'll have a lunch money. Your wife

1162
00:55:11,200 --> 00:55:13,840
Speaker 2: will have given you some lunch money. That's your operating allowance.

1163
00:55:14,960 --> 00:55:16,279
Speaker 2: Well there you go. So you don't have much of

1164
00:55:16,320 --> 00:55:20,120
Speaker 2: an operating allowance. So that's that's I think she's got that.

1165
00:55:20,520 --> 00:55:21,680
Speaker 10: How have access to.

1166
00:55:21,719 --> 00:55:24,840
Speaker 2: It's exactly the same thing Turn away from eight The.

1167
00:55:25,000 --> 00:55:28,840
Speaker 1: Mike Hosking Breakfast with Bailey's Real Estate News talks dead.

1168
00:55:28,680 --> 00:55:31,920
Speaker 2: Being away from it. So yet another product that New

1169
00:55:32,040 --> 00:55:34,520
Speaker 2: Zealand ink is doing well and after what seems like

1170
00:55:34,600 --> 00:55:37,319
Speaker 2: a summer from heaven. Basically, the person in sector has

1171
00:55:37,400 --> 00:55:40,000
Speaker 2: seen a twenty percent rise in exports over the past year.

1172
00:55:40,239 --> 00:55:43,360
Speaker 2: Demand has never been higher from Australia, Southeast Asia, even Canada.

1173
00:55:43,680 --> 00:55:46,360
Speaker 2: A person Industry Council manager Ian Turks with us on

1174
00:55:46,400 --> 00:55:47,200
Speaker 2: this Ian Morning.

1175
00:55:48,080 --> 00:55:48,919
Speaker 13: Good morning mate.

1176
00:55:49,080 --> 00:55:50,080
Speaker 2: How big is the industry?

1177
00:55:51,400 --> 00:55:55,359
Speaker 13: Well, it's a small industry. We've got about twenty eight

1178
00:55:55,440 --> 00:55:59,480
Speaker 13: growers and we export about ten million dollars worth. With

1179
00:55:59,640 --> 00:56:04,839
Speaker 13: a fruit sittament. Industry councils focused on export. We really

1180
00:56:05,239 --> 00:56:07,839
Speaker 13: deal with our export grows, but there's a few more

1181
00:56:08,120 --> 00:56:10,880
Speaker 13: grass who've been supplying domestic only, so it's very small.

1182
00:56:11,200 --> 00:56:13,240
Speaker 2: How much acreage and is it growing?

1183
00:56:14,520 --> 00:56:18,000
Speaker 13: I think about just over one hundred hectiars across all

1184
00:56:18,040 --> 00:56:22,680
Speaker 13: the grass. And yes, we know there's some new there's

1185
00:56:22,719 --> 00:56:26,279
Speaker 13: are some new plannings in already, and you know it's

1186
00:56:26,400 --> 00:56:29,719
Speaker 13: just Febri had another orchard that's looking and putting in

1187
00:56:29,800 --> 00:56:33,960
Speaker 13: some decent heatrops. So yes, there's interesting and ability for

1188
00:56:34,040 --> 00:56:34,839
Speaker 13: the industry to grow.

1189
00:56:35,080 --> 00:56:38,160
Speaker 2: And it seems like everyone grew something brilliant this past summer.

1190
00:56:38,160 --> 00:56:40,640
Speaker 2: It's been a fantastic time and you guys are no different.

1191
00:56:41,760 --> 00:56:45,080
Speaker 13: Well, yeah, we've had some rough years to be honest,

1192
00:56:45,400 --> 00:56:47,560
Speaker 13: over the last five years. And you think about COVID.

1193
00:56:48,080 --> 00:56:50,480
Speaker 13: You know the lockdown came on just as the season

1194
00:56:50,600 --> 00:56:55,239
Speaker 13: was starting in twenty twenty. We've had Gabriel and rain

1195
00:56:55,360 --> 00:56:58,400
Speaker 13: last years. Most of our person's come out of Gisbon's

1196
00:56:58,560 --> 00:57:02,400
Speaker 13: and North up North which has really really been hit

1197
00:57:02,480 --> 00:57:05,319
Speaker 13: by the weather events. So yes, we've got a good

1198
00:57:05,400 --> 00:57:08,640
Speaker 13: season this year. Our growers are happy, they're looking forward

1199
00:57:08,680 --> 00:57:11,919
Speaker 13: to it and the twenty percent increase that you're talking

1200
00:57:11,920 --> 00:57:15,680
Speaker 13: about sort of brings us back up to good average levels.

1201
00:57:15,760 --> 00:57:17,920
Speaker 13: So yeah, it sounds good, but it's back to way

1202
00:57:17,960 --> 00:57:18,440
Speaker 13: we should be.

1203
00:57:18,760 --> 00:57:20,200
Speaker 2: What do people do with them?

1204
00:57:22,200 --> 00:57:27,960
Speaker 13: Well, I eat them fresh. I just absolutely love them fresh.

1205
00:57:28,040 --> 00:57:30,160
Speaker 13: Though we don't get a chance in our household to

1206
00:57:30,200 --> 00:57:32,880
Speaker 13: do much more with them. But there's a whole that

1207
00:57:33,000 --> 00:57:37,320
Speaker 13: there's tons that you can do with them. And I

1208
00:57:37,560 --> 00:57:40,920
Speaker 13: really recommend if anyone's looking for ideas, hop on the

1209
00:57:41,040 --> 00:57:43,760
Speaker 13: five plus a day to look at their recipes. They've

1210
00:57:43,800 --> 00:57:47,800
Speaker 13: got some fantastic ideas. There lots of lots of salads,

1211
00:57:48,760 --> 00:57:51,520
Speaker 13: you know, I think putting a person into a salad

1212
00:57:51,680 --> 00:57:54,880
Speaker 13: is really a license to add whatever you like. In

1213
00:57:54,960 --> 00:57:58,920
Speaker 13: the end, there's these recipes there with beetroot and pomegranates

1214
00:57:59,040 --> 00:58:01,960
Speaker 13: and you know, all sorts of exciting recently. It's just

1215
00:58:02,040 --> 00:58:04,920
Speaker 13: what you need at this time of year to your meals.

1216
00:58:05,080 --> 00:58:07,800
Speaker 2: Well, sir, I'm glad you're doing well too. Ian Turk,

1217
00:58:07,800 --> 00:58:09,840
Speaker 2: who's the person in an industry council manager, So I

1218
00:58:09,880 --> 00:58:12,080
Speaker 2: don't know what else we haven't done. We've done cherries,

1219
00:58:13,760 --> 00:58:21,880
Speaker 2: done Keywi fruit, apples, pears, person's wine, My tree did

1220
00:58:21,960 --> 00:58:24,400
Speaker 2: well this year. I've had actually, funny enough, I was

1221
00:58:24,440 --> 00:58:26,120
Speaker 2: sympathizing with thee and when he said it's been a

1222
00:58:26,160 --> 00:58:28,240
Speaker 2: bit of a rough couple of seasons, I agree. I've

1223
00:58:28,280 --> 00:58:30,280
Speaker 2: got a person in tree. I didn't realize it was

1224
00:58:30,320 --> 00:58:32,040
Speaker 2: a person tree when we bought the property, I thought,

1225
00:58:32,040 --> 00:58:33,960
Speaker 2: what the want? Earth? Are those turned out to be

1226
00:58:34,000 --> 00:58:34,320
Speaker 2: a nash?

1227
00:58:34,520 --> 00:58:36,720
Speaker 10: I can you even quite remember what person's a look?

1228
00:58:37,120 --> 00:58:42,120
Speaker 2: They look like a light, very pale yellow apple roughly

1229
00:58:42,760 --> 00:58:43,080
Speaker 2: sort of.

1230
00:58:43,480 --> 00:58:46,240
Speaker 20: And are they like a pomegranate where they've got lots

1231
00:58:46,280 --> 00:58:47,080
Speaker 20: of seeds inside?

1232
00:58:47,680 --> 00:58:50,240
Speaker 2: Completely different to a pomegranate. You could mistake one, and

1233
00:58:50,360 --> 00:58:52,040
Speaker 2: don't text me and say I'm an idiot and wrong.

1234
00:58:52,080 --> 00:58:53,880
Speaker 2: You could mistake one if you were looking a bit

1235
00:58:54,000 --> 00:58:56,160
Speaker 2: piste wandering down through the paddock. I mean, I don't

1236
00:58:56,200 --> 00:58:59,960
Speaker 2: speak from experience, and you might mistake them for a nah.

1237
00:59:00,760 --> 00:59:02,280
Speaker 2: So it could be an awshie, could be a person.

1238
00:59:02,400 --> 00:59:04,440
Speaker 2: You know what I'm saying this, there's slightly different shape,

1239
00:59:04,960 --> 00:59:07,080
Speaker 2: but the eating fresh thing, I thought you only use

1240
00:59:07,160 --> 00:59:07,959
Speaker 2: them sort of for jam.

1241
00:59:10,280 --> 00:59:13,120
Speaker 20: It's interesting what he's saying about the salads, because they're

1242
00:59:13,120 --> 00:59:15,320
Speaker 20: getting into that dangerous area people some thinly.

1243
00:59:15,680 --> 00:59:19,240
Speaker 10: People don't like to mix fruit with their main meal,

1244
00:59:19,360 --> 00:59:19,680
Speaker 10: do they?

1245
00:59:20,080 --> 00:59:20,280
Speaker 14: I do?

1246
00:59:20,600 --> 00:59:23,240
Speaker 20: Yeah, I do too, But there's certainly people in my

1247
00:59:23,400 --> 00:59:28,640
Speaker 20: house who are against it. Rides slicing, slicing green grapes

1248
00:59:28,680 --> 00:59:30,000
Speaker 20: and a salad very nice.

1249
00:59:30,120 --> 00:59:30,720
Speaker 2: What's wrong with that?

1250
00:59:31,040 --> 00:59:31,280
Speaker 15: Well?

1251
00:59:32,080 --> 00:59:33,360
Speaker 2: Really, yeah, there was.

1252
00:59:33,880 --> 00:59:35,320
Speaker 10: I was harshly criticized.

1253
00:59:35,880 --> 00:59:38,840
Speaker 2: Jeez, it's a hard roader hoes, Nick Glene. All you

1254
00:59:38,920 --> 00:59:41,440
Speaker 2: can do is your best mape. I get it. Richard

1255
00:59:41,520 --> 00:59:46,040
Speaker 2: quest on the tariffs and Trump's one hundred days after

1256
00:59:46,080 --> 00:59:47,960
Speaker 2: the News, which is next to your news talk.

1257
00:59:47,840 --> 00:59:54,000
Speaker 1: Set, the news and the news makers the mic asking

1258
00:59:54,080 --> 00:59:58,440
Speaker 1: breakfast with Bailey's real estate, your local experts across residential,

1259
00:59:58,520 --> 01:00:00,320
Speaker 1: commercial and rural news talks.

1260
01:00:00,320 --> 01:00:00,640
Speaker 19: He'd be.

1261
01:00:03,640 --> 01:00:08,680
Speaker 3: Time in a.

1262
01:00:08,760 --> 01:00:11,400
Speaker 2: Seven past eight. If there is one talking point out

1263
01:00:11,440 --> 01:00:13,840
Speaker 2: of the trump first one hundred days, it is the tariffs.

1264
01:00:13,840 --> 01:00:16,360
Speaker 2: You can argue broadly in other areas he's done. I

1265
01:00:16,440 --> 01:00:18,640
Speaker 2: guess whether they said earlier on the program what he

1266
01:00:18,680 --> 01:00:20,680
Speaker 2: said he would do, or at least he hasn't intend

1267
01:00:20,760 --> 01:00:23,200
Speaker 2: to do so. But in tariffs, though, it was more

1268
01:00:23,280 --> 01:00:25,640
Speaker 2: than anyone ever really dreamed. Wasn't a ten percent for

1269
01:00:25,720 --> 01:00:27,920
Speaker 2: everyone to full on war with China and as seeming

1270
01:00:27,960 --> 01:00:29,800
Speaker 2: to make it up as you go along set of

1271
01:00:29,960 --> 01:00:32,760
Speaker 2: deals that have yet to eventuate meantime, are the world

1272
01:00:32,800 --> 01:00:34,840
Speaker 2: as slowing. Ships are anchored, the jobs are being lost,

1273
01:00:34,880 --> 01:00:36,640
Speaker 2: the markets are tanked, and we're all waiting for them.

1274
01:00:36,720 --> 01:00:39,840
Speaker 2: I don't know someone to blink. I guess CNN's business guru,

1275
01:00:40,000 --> 01:00:42,200
Speaker 2: Richard Quest is back with us. A very good morning.

1276
01:00:42,680 --> 01:00:43,720
Speaker 14: Good morning, Jamke. How are you?

1277
01:00:43,920 --> 01:00:45,920
Speaker 2: I'm very well. Indeed, you've been around a while. Have

1278
01:00:46,000 --> 01:00:49,320
Speaker 2: you seen anything like these one hundred days as specifically

1279
01:00:49,440 --> 01:00:50,520
Speaker 2: regards tariffs?

1280
01:00:52,240 --> 01:00:55,360
Speaker 14: You know something, Mike, I could ask you the same question.

1281
01:00:56,200 --> 01:00:59,160
Speaker 14: We've both been around long enough to know that what

1282
01:00:59,360 --> 01:01:04,160
Speaker 14: we are seeing at the moment is unextraordinary, not only

1283
01:01:04,760 --> 01:01:09,960
Speaker 14: for the sheer brazenness of what's been done, but the

1284
01:01:10,120 --> 01:01:14,400
Speaker 14: way in which it goes against everything of the orthodoxy

1285
01:01:14,480 --> 01:01:17,040
Speaker 14: of economics that you and I have always been taught

1286
01:01:17,720 --> 01:01:21,560
Speaker 14: to believe in. That tariffs are when targeted and with

1287
01:01:21,680 --> 01:01:24,840
Speaker 14: a specific purpose, it can be of a benefit if

1288
01:01:24,880 --> 01:01:30,000
Speaker 14: you like. But this wide spread general tariffing across the

1289
01:01:30,040 --> 01:01:37,000
Speaker 14: globe in some effort to reshape the global trading structures. Now,

1290
01:01:37,120 --> 01:01:40,200
Speaker 14: we've never seen anything like this before. But it's something

1291
01:01:40,280 --> 01:01:43,080
Speaker 14: Donald Trump has always wanted since he was a young man.

1292
01:01:43,120 --> 01:01:46,320
Speaker 14: He's always believed that the terms of trade for America

1293
01:01:46,400 --> 01:01:50,200
Speaker 14: are unfair, and that he singlehandedly wanted to use tariffs

1294
01:01:50,440 --> 01:01:51,080
Speaker 14: to change them.

1295
01:01:51,360 --> 01:01:54,439
Speaker 2: Can we say that to a point? He has a point,

1296
01:01:54,920 --> 01:01:57,680
Speaker 2: So you matched tariffs. You tariff me at twenty percent,

1297
01:01:57,720 --> 01:02:00,720
Speaker 2: I'll see you twenty percent. But this whole on shoring

1298
01:02:00,840 --> 01:02:03,280
Speaker 2: ten percent for everybody one hundred and forty five percent

1299
01:02:03,360 --> 01:02:05,240
Speaker 2: for China makes no sense.

1300
01:02:07,160 --> 01:02:11,720
Speaker 14: I think clearly several factors are at play. The first,

1301
01:02:12,400 --> 01:02:16,520
Speaker 14: the traditional view of tit for tat the smooth horly

1302
01:02:16,720 --> 01:02:20,680
Speaker 14: nineteen twenties tariffs will is a race to the economic

1303
01:02:21,320 --> 01:02:24,400
Speaker 14: bottom that is certainly turning out to be true. You

1304
01:02:24,600 --> 01:02:28,600
Speaker 14: tariff me, I'll tariff you bish bash bosh, and we

1305
01:02:28,760 --> 01:02:32,400
Speaker 14: know where it will end up. He's always wanted to

1306
01:02:32,480 --> 01:02:35,800
Speaker 14: have a to use tariffs. I don't think he ever

1307
01:02:36,240 --> 01:02:39,640
Speaker 14: ever really wanted to or intended to go up to

1308
01:02:39,640 --> 01:02:42,360
Speaker 14: one hundred and forty five percent, and even his recent

1309
01:02:43,080 --> 01:02:46,720
Speaker 14: statement suggesting that's unsustainable, that it's clearly not the long

1310
01:02:46,840 --> 01:02:51,360
Speaker 14: term goal. What I think is absolutely in his aim

1311
01:02:52,000 --> 01:02:56,560
Speaker 14: is this ten percent general new tariff across the world.

1312
01:02:56,920 --> 01:02:59,720
Speaker 14: And whilst ten percent sounds on the low side, you

1313
01:02:59,800 --> 01:03:03,480
Speaker 14: have to remember a that is counter to everything we've

1314
01:03:03,520 --> 01:03:08,120
Speaker 14: previously heard towards free trade, and b ten percent is

1315
01:03:08,360 --> 01:03:12,320
Speaker 14: three times more than the two and a half percent

1316
01:03:12,600 --> 01:03:16,320
Speaker 14: average tariff the US had. So this is part of

1317
01:03:16,440 --> 01:03:21,120
Speaker 14: a deeply held philosophy that the US President has always

1318
01:03:21,320 --> 01:03:23,880
Speaker 14: held on to, and now it's getting a chance to

1319
01:03:23,920 --> 01:03:26,600
Speaker 14: put his economic experiment into practice.

1320
01:03:27,000 --> 01:03:30,080
Speaker 2: You speak to us from a spring like London this morning,

1321
01:03:30,200 --> 01:03:33,240
Speaker 2: where Rachel Reeves and Kyostamer will tell you a deal

1322
01:03:33,400 --> 01:03:35,640
Speaker 2: is to be done. Is that true or not?

1323
01:03:37,360 --> 01:03:40,600
Speaker 14: Well, yes, yes, there is a deal to be done.

1324
01:03:40,640 --> 01:03:43,000
Speaker 14: Equip depends on the price upon which it is done,

1325
01:03:43,560 --> 01:03:48,400
Speaker 14: and it depends on whether or not the British government

1326
01:03:48,840 --> 01:03:52,520
Speaker 14: wishes to shaft the European Union on the way. Two

1327
01:03:52,720 --> 01:03:55,600
Speaker 14: things to bear in mind. Donald Trump has always believed

1328
01:03:55,640 --> 01:03:59,680
Speaker 14: and continues to say, that the EU is some con

1329
01:04:00,360 --> 01:04:06,200
Speaker 14: some schemes, some scam designed originally in the nineteen fifties

1330
01:04:06,600 --> 01:04:11,520
Speaker 14: to harm the United States. If that's your view, then

1331
01:04:11,640 --> 01:04:14,200
Speaker 14: yes he will want to do a deal with the

1332
01:04:14,320 --> 01:04:21,040
Speaker 14: United Kingdom. But secure Starmer is also trying to use

1333
01:04:21,240 --> 01:04:26,320
Speaker 14: this current tariff battle to use the NATO issues to

1334
01:04:26,520 --> 01:04:31,480
Speaker 14: remind EU partners of how valuable the United Kingdom is

1335
01:04:31,720 --> 01:04:35,920
Speaker 14: in the wider sense and there's a sort of general

1336
01:04:36,680 --> 01:04:42,680
Speaker 14: acceptance that yep, the deal for Europe and the deal

1337
01:04:42,800 --> 01:04:46,600
Speaker 14: for the UK. Now is the time to potentially do

1338
01:04:47,160 --> 01:04:49,720
Speaker 14: the deal that should always have been done back in

1339
01:04:49,840 --> 01:04:53,040
Speaker 14: twenty seventeen, twenty eighteen when Brexit came along.

1340
01:04:53,080 --> 01:04:55,000
Speaker 2: All right, listen, hold on, might will be. We'll come

1341
01:04:55,040 --> 01:04:56,400
Speaker 2: back to you in the moment. Richard quest, out of

1342
01:04:56,440 --> 01:04:58,280
Speaker 2: seeing it? More on one hundred days of trumpet to

1343
01:04:58,320 --> 01:04:59,200
Speaker 2: mine the twelve past.

1344
01:04:59,080 --> 01:05:03,760
Speaker 1: Day the mic Asking Breakfast Full Show podcast on iHeart

1345
01:05:03,880 --> 01:05:05,520
Speaker 1: Radio powered by News Talks.

1346
01:05:05,560 --> 01:05:08,120
Speaker 2: It be news Talks. They've been caught a pasted out.

1347
01:05:08,200 --> 01:05:09,840
Speaker 2: Richard quest, where's one hundred days of Trump and the

1348
01:05:09,880 --> 01:05:13,280
Speaker 2: tariffs that still continuing to play out? Of course, now listen, Richard,

1349
01:05:13,280 --> 01:05:14,840
Speaker 2: More broadly, I mean, do you what are you reckon

1350
01:05:14,880 --> 01:05:16,960
Speaker 2: about a realignment of global trade? I mean for places

1351
01:05:17,040 --> 01:05:20,040
Speaker 2: like New Zealand Australia, focus more on the EU, more

1352
01:05:20,080 --> 01:05:23,040
Speaker 2: on the UK, more on China as they you know,

1353
01:05:23,480 --> 01:05:25,880
Speaker 2: do as opposed to the US, or do you reckon

1354
01:05:25,960 --> 01:05:28,080
Speaker 2: this thing gets sorted out in some way and we

1355
01:05:28,200 --> 01:05:28,760
Speaker 2: all move on.

1356
01:05:29,720 --> 01:05:32,840
Speaker 14: I don't know. It's the law is the really short answer,

1357
01:05:33,440 --> 01:05:38,280
Speaker 14: because I think in the immediate term it gets sort

1358
01:05:38,360 --> 01:05:43,960
Speaker 14: of sorted out and we live to adapt to these

1359
01:05:44,680 --> 01:05:48,600
Speaker 14: new tariff regimes in the longer run. And that's I

1360
01:05:48,680 --> 01:05:52,919
Speaker 14: think is what you're really asking in the longer run, Mike, Yeah,

1361
01:05:52,960 --> 01:05:57,240
Speaker 14: I think there are some fundamental shifts. Why because the

1362
01:05:57,800 --> 01:06:00,640
Speaker 14: United States, and the view of many and so valid's

1363
01:06:00,720 --> 01:06:03,760
Speaker 14: view in some cases, is no longer a reliable ally.

1364
01:06:04,720 --> 01:06:08,480
Speaker 14: If the United States can do economic harm to key

1365
01:06:08,680 --> 01:06:14,960
Speaker 14: strategic and important allies like Australia, the UK, New Zealand,

1366
01:06:15,280 --> 01:06:20,120
Speaker 14: the Orcus, the Orcus, the Five Eyes, if the US

1367
01:06:20,640 --> 01:06:26,520
Speaker 14: can turn its back on its both historic and current

1368
01:06:26,760 --> 01:06:30,160
Speaker 14: friends and allies, then people will say, yeah, you know,

1369
01:06:30,280 --> 01:06:33,040
Speaker 14: we do need to have a Plan B, Plan C,

1370
01:06:33,400 --> 01:06:37,560
Speaker 14: Plan D, and that means not being as reliant as

1371
01:06:37,600 --> 01:06:40,320
Speaker 14: we have been on the United States. And who can

1372
01:06:40,400 --> 01:06:43,640
Speaker 14: blame anyone If you are sitting in the behive, if

1373
01:06:43,680 --> 01:06:46,480
Speaker 14: you are sitting in Canberra, if you are sitting in

1374
01:06:46,720 --> 01:06:50,800
Speaker 14: Number ten or in Brussels, you are going to say,

1375
01:06:51,480 --> 01:06:54,400
Speaker 14: we were promised that Donald Trump couldn't come back. We

1376
01:06:54,480 --> 01:06:58,480
Speaker 14: were promised that it would never happen again. America was back. Well,

1377
01:06:59,560 --> 01:07:03,280
Speaker 14: how did that go? I think I think absolutely things

1378
01:07:03,280 --> 01:07:04,880
Speaker 14: are going to change on a longer term basis.

1379
01:07:05,040 --> 01:07:07,000
Speaker 2: But let me count that with us. What if you

1380
01:07:07,120 --> 01:07:08,919
Speaker 2: just hold you know, is for three and a half years,

1381
01:07:09,040 --> 01:07:12,280
Speaker 2: he's gone in America resumes to some form of normality.

1382
01:07:12,360 --> 01:07:13,240
Speaker 2: Is that possible or not.

1383
01:07:15,040 --> 01:07:20,080
Speaker 14: It's possible, It's probable at one level. But Mike, look

1384
01:07:20,120 --> 01:07:24,280
Speaker 14: at the current situation week as you and I are

1385
01:07:24,480 --> 01:07:29,480
Speaker 14: speaking right now. These are the economic headwinds that the

1386
01:07:29,520 --> 01:07:36,120
Speaker 14: global economy is barreling through. The twenty percent stealing and aluminium,

1387
01:07:36,160 --> 01:07:40,880
Speaker 14: the twenty five percent auto automobiles, foreign autobiles and auto paths,

1388
01:07:41,160 --> 01:07:45,640
Speaker 14: the ten percent general tariff now around the world, the

1389
01:07:45,760 --> 01:07:49,560
Speaker 14: perspective of twenty percent or more on semiconductors, one hundred

1390
01:07:49,600 --> 01:07:54,520
Speaker 14: and forty five percent on China. These are not with

1391
01:07:54,520 --> 01:07:58,960
Speaker 14: exception of semis. These are happening now. This is the

1392
01:07:59,080 --> 01:08:03,200
Speaker 14: economy right as we are speaking. So you say, you

1393
01:08:03,280 --> 01:08:07,160
Speaker 14: know what, does everything go back to normal right now?

1394
01:08:07,640 --> 01:08:12,360
Speaker 14: The economy is battling these headwinds. We are heading towards

1395
01:08:12,440 --> 01:08:18,760
Speaker 14: recessions in many countries that state Canada and Mexico. Traditional

1396
01:08:18,880 --> 01:08:22,280
Speaker 14: alliances have been ripped up, torn up and thrown in

1397
01:08:22,360 --> 01:08:26,479
Speaker 14: the toilets with Canada with NATO on the you know,

1398
01:08:26,880 --> 01:08:30,200
Speaker 14: in the way it's been treated with Denmark over Greenland,

1399
01:08:30,880 --> 01:08:34,640
Speaker 14: people won't forget. And the reason they won't forget is

1400
01:08:34,720 --> 01:08:37,200
Speaker 14: because they are damn certain they don't want to be

1401
01:08:37,280 --> 01:08:39,000
Speaker 14: on the wrong side of history in the future.

1402
01:08:39,280 --> 01:08:41,760
Speaker 2: If you're a central bank governor, how do you manage this?

1403
01:08:42,920 --> 01:08:45,920
Speaker 14: Very difficult because the inflationary battle that you thought you

1404
01:08:46,040 --> 01:08:50,759
Speaker 14: were winning has now become much more difficult. Yes, tariffs

1405
01:08:50,840 --> 01:08:54,120
Speaker 14: could be a one hit wonder, prices go up, but

1406
01:08:54,280 --> 01:08:58,080
Speaker 14: if they create an inflationary spiral because prices go up,

1407
01:08:58,080 --> 01:09:01,840
Speaker 14: there for workers demand more, therefore cost of production, etc. Etc.

1408
01:09:02,640 --> 01:09:05,120
Speaker 14: And you start to see a slow down in the economies.

1409
01:09:05,520 --> 01:09:11,120
Speaker 14: Can central bankers afford the rates to keep economies growing

1410
01:09:11,600 --> 01:09:16,559
Speaker 14: whilst they are battling against inflation? The FED chair Jerome

1411
01:09:16,680 --> 01:09:20,920
Speaker 14: Powell made it very He basically said, this is a

1412
01:09:21,120 --> 01:09:25,080
Speaker 14: very challenging time. Any central bank governor is going to

1413
01:09:25,200 --> 01:09:30,200
Speaker 14: have to do the dance with the inflationary devil or

1414
01:09:30,360 --> 01:09:35,240
Speaker 14: risk recession. Unless Here's where I think we are right now,

1415
01:09:36,000 --> 01:09:40,720
Speaker 14: with the tariff headwinds pushing against the economy, we are

1416
01:09:40,800 --> 01:09:45,240
Speaker 14: looking at recessions in major economies, not deep, not long,

1417
01:09:45,680 --> 01:09:48,640
Speaker 14: but certainly and by the way, let's not hang our

1418
01:09:48,720 --> 01:09:52,160
Speaker 14: nicor elastic on whether or not it's a technical recession

1419
01:09:52,400 --> 01:09:56,040
Speaker 14: of two quarters of negative GDP. We are looking at

1420
01:09:56,280 --> 01:09:59,400
Speaker 14: slow downs in economic growth. That's going to feel pretty

1421
01:09:59,479 --> 01:10:01,720
Speaker 14: awful people as the year moves on.

1422
01:10:01,880 --> 01:10:03,719
Speaker 2: Always good to have you on the program. I appreciate

1423
01:10:03,760 --> 01:10:06,960
Speaker 2: it very much. Richard Quest Quest means business out of CNN.

1424
01:10:07,040 --> 01:10:08,960
Speaker 2: He's in London for us this morning. It's coming up

1425
01:10:09,000 --> 01:10:09,479
Speaker 2: A twenty.

1426
01:10:10,720 --> 01:10:14,720
Speaker 1: It's a my Asking breakfast with Veda, Retirement Communities News

1427
01:10:14,760 --> 01:10:15,559
Speaker 1: togs HEEADV.

1428
01:10:15,840 --> 01:10:18,640
Speaker 2: Question, is your HR team burning time on tasks that

1429
01:10:18,760 --> 01:10:22,439
Speaker 2: could be automated? Worse yet, when things go sideways, you're

1430
01:10:22,439 --> 01:10:24,479
Speaker 2: spending your fortune on lawyers and consultants while you can

1431
01:10:24,520 --> 01:10:27,800
Speaker 2: meet my HR. My HR, they're the HR platform that

1432
01:10:27,840 --> 01:10:29,559
Speaker 2: saves your business time and money, which is what we're

1433
01:10:29,600 --> 01:10:31,920
Speaker 2: all after, without sacrificing, by the way, the human touch,

1434
01:10:32,560 --> 01:10:35,320
Speaker 2: from hiring. They do it all onboarding, payroll to compliance.

1435
01:10:36,080 --> 01:10:39,040
Speaker 2: My HR streamlines all your employment processes fraction of the

1436
01:10:39,080 --> 01:10:41,880
Speaker 2: cost of hiring an internal resource. But here's the difference.

1437
01:10:41,920 --> 01:10:44,480
Speaker 2: When you need support, you get it from the nationwide

1438
01:10:44,560 --> 01:10:48,560
Speaker 2: team of real HR professionals. There's no bots, there's no outsourcing.

1439
01:10:49,080 --> 01:10:51,280
Speaker 2: Businesses that sign up with my hr They save up

1440
01:10:51,320 --> 01:10:54,800
Speaker 2: to seventy percent seven zero percent a year compared to

1441
01:10:54,840 --> 01:10:57,400
Speaker 2: those that hire in house HR. So if you're ready

1442
01:10:57,439 --> 01:11:00,600
Speaker 2: to get start a book, booky platform demo today, my

1443
01:11:01,040 --> 01:11:03,000
Speaker 2: hr dot works. It's as simple as that. You've got

1444
01:11:03,080 --> 01:11:08,840
Speaker 2: to noted. My hr dot works. Fads giged, don't Scott.

1445
01:11:08,840 --> 01:11:11,040
Speaker 2: The Philadelphia Eagles at the White House as we speak.

1446
01:11:11,080 --> 01:11:13,639
Speaker 2: Super Bowl champions is welcome the morning, Mike. It will

1447
01:11:13,640 --> 01:11:16,519
Speaker 2: be amazing. I'll be amazed if she can deliver. Nikola Willis,

1448
01:11:16,560 --> 01:11:18,280
Speaker 2: if she can deliver one point three billion and a

1449
01:11:18,360 --> 01:11:20,360
Speaker 2: surplus by twenty twenty nine, you know what, I tend

1450
01:11:20,400 --> 01:11:24,200
Speaker 2: to agree, as much as I wish her well, these

1451
01:11:24,240 --> 01:11:28,439
Speaker 2: are very tight, difficult days. My personin's my slightly squashed

1452
01:11:28,520 --> 01:11:30,800
Speaker 2: version of an orange, which is true. I think a

1453
01:11:30,840 --> 01:11:32,280
Speaker 2: number of you pointed out to me I was probably

1454
01:11:32,320 --> 01:11:34,360
Speaker 2: thinking of a quince, and I am I'm exactly what

1455
01:11:34,400 --> 01:11:36,280
Speaker 2: I'm thinking of. I'm not thinking of a person at all.

1456
01:11:36,840 --> 01:11:37,960
Speaker 10: Do you even have a personmon?

1457
01:11:38,000 --> 01:11:41,439
Speaker 2: Try No, I do not. As it turns out, what

1458
01:11:41,600 --> 01:11:43,800
Speaker 2: I thought I had it was fain new and the

1459
01:11:43,880 --> 01:11:45,920
Speaker 2: funny thing about it was the person is what happened

1460
01:11:46,000 --> 01:11:47,320
Speaker 2: was in the early hours of the morning. I came

1461
01:11:47,360 --> 01:11:49,439
Speaker 2: to work as I usually do, and then I saw

1462
01:11:49,520 --> 01:11:51,920
Speaker 2: the interview about the person's and I thought, fantastic, glad

1463
01:11:51,960 --> 01:11:54,400
Speaker 2: we're doing personmins because I've got a personmetree. It was

1464
01:11:54,439 --> 01:11:56,320
Speaker 2: at that critical juncture of the morning that I made

1465
01:11:56,320 --> 01:11:58,000
Speaker 2: the mistake, because I don't have a person tree, have

1466
01:11:58,120 --> 01:11:59,360
Speaker 2: never had a person tree, but I do have a

1467
01:11:59,439 --> 01:12:02,720
Speaker 2: quince tree. I have been fascinated by having a quinch tree.

1468
01:12:02,960 --> 01:12:05,200
Speaker 2: The people who planted our place, or the bloke who

1469
01:12:05,240 --> 01:12:07,400
Speaker 2: planted our place, had a We've got a sort of

1470
01:12:07,560 --> 01:12:11,120
Speaker 2: what he calls an orchard, and the idea was that

1471
01:12:11,280 --> 01:12:14,120
Speaker 2: you planted trees from days gone by, so you could

1472
01:12:14,160 --> 01:12:17,480
Speaker 2: wander through the orchard and transport yourself back to your grandparents'

1473
01:12:17,520 --> 01:12:19,920
Speaker 2: day the sort of fruit and vegetables that your grandparents

1474
01:12:19,960 --> 01:12:21,720
Speaker 2: would grow. So, for example, we've got a number of

1475
01:12:21,720 --> 01:12:24,840
Speaker 2: apple trees, and the apple trees aren't really commercial apples.

1476
01:12:24,880 --> 01:12:27,280
Speaker 2: They're sort of your old fashioned apples that, to be frank,

1477
01:12:27,840 --> 01:12:29,920
Speaker 2: you probably cook with them. But apart from that, I

1478
01:12:30,000 --> 01:12:32,639
Speaker 2: mean the odd one, the really good one tastes okay,

1479
01:12:33,320 --> 01:12:36,720
Speaker 2: but they're really cooking apples. Smith Breain, No, no, that's

1480
01:12:36,760 --> 01:12:40,400
Speaker 2: what I'm saying. They're not commercial. But no, nothing you've

1481
01:12:40,400 --> 01:12:43,400
Speaker 2: ever seen before apples before there were apples.

1482
01:12:43,439 --> 01:12:45,120
Speaker 10: So right back to Cox's orangines.

1483
01:12:45,200 --> 01:12:47,960
Speaker 2: No, no before costume. No, not that, there's nothing but

1484
01:12:48,040 --> 01:12:50,519
Speaker 2: a name, not even a red Delicious, not even a

1485
01:12:50,600 --> 01:12:52,519
Speaker 2: Red Delicious. So anyway, you got those sort of apples.

1486
01:12:52,560 --> 01:12:53,000
Speaker 18: We do have some.

1487
01:12:53,160 --> 01:12:55,320
Speaker 2: We do have some do Comish pears, do com do

1488
01:12:55,400 --> 01:12:57,720
Speaker 2: Comish pears, which I must say are very very good.

1489
01:12:58,200 --> 01:13:00,800
Speaker 2: But then this quinn tree. We've got a couple of

1490
01:13:00,840 --> 01:13:03,160
Speaker 2: fig trees, and I thoroughly enjoyed watching the figs grow.

1491
01:13:03,280 --> 01:13:05,160
Speaker 2: I was told the figs. You can't grow figs for

1492
01:13:05,240 --> 01:13:07,920
Speaker 2: love nor money. We grow figs like there's no Tomorrow's.

1493
01:13:07,960 --> 01:13:09,360
Speaker 10: Indeed they are, because.

1494
01:13:09,520 --> 01:13:14,920
Speaker 2: They're definitely fixed there. But I but I didn't know.

1495
01:13:15,080 --> 01:13:17,760
Speaker 2: It's a quince tree. So the quince looks like a pear,

1496
01:13:18,000 --> 01:13:20,720
Speaker 2: which looks like a nashie. I have a Nashie and

1497
01:13:20,840 --> 01:13:23,800
Speaker 2: I have a quince. I don't have a person. I

1498
01:13:23,960 --> 01:13:25,160
Speaker 2: did want pomegranate.

1499
01:13:25,920 --> 01:13:27,160
Speaker 10: Oh, we all want pomegranate.

1500
01:13:27,240 --> 01:13:29,640
Speaker 2: We all want pomegranate. But I don't think I can

1501
01:13:29,680 --> 01:13:33,040
Speaker 2: grow pomegranate. So you're right, it's the quince tree I'm

1502
01:13:33,080 --> 01:13:35,400
Speaker 2: thinking of. And my question to the person and guy

1503
01:13:35,520 --> 01:13:37,559
Speaker 2: is what do people do with them? Was a stupid

1504
01:13:37,680 --> 01:13:39,760
Speaker 2: question because of course there's lots of things to do

1505
01:13:39,880 --> 01:13:42,120
Speaker 2: with a person there, there's just not many things to

1506
01:13:42,160 --> 01:13:47,360
Speaker 2: do with the quince. So I was expected jem exactly, jelly, jelly,

1507
01:13:47,439 --> 01:13:50,320
Speaker 2: quin exactly quince. And then the next question is you say,

1508
01:13:50,360 --> 01:13:52,439
Speaker 2: who makes quince jelly? And the answer is nobody.

1509
01:13:53,439 --> 01:13:56,760
Speaker 20: I mean, that's that's so anti fashion, isn't it, Because

1510
01:13:56,760 --> 01:13:58,720
Speaker 20: I mean, that's just adding sugar to something, isn't it.

1511
01:13:58,840 --> 01:14:01,080
Speaker 2: That's an old food.

1512
01:14:00,520 --> 01:14:02,240
Speaker 10: That's got a jar of sugar here exactly.

1513
01:14:02,280 --> 01:14:03,640
Speaker 2: And you're gonna, as we told you earlier on in

1514
01:14:03,640 --> 01:14:06,200
Speaker 2: the prem you're gonna end up dying sooner or ultra

1515
01:14:06,240 --> 01:14:09,280
Speaker 2: process food just by you he means me leave it alone, exactly.

1516
01:14:09,640 --> 01:14:13,360
Speaker 2: So my apologies for that. We talked to a degree

1517
01:14:13,400 --> 01:14:17,360
Speaker 2: at cross purposes about completely different fruit. But we do

1518
01:14:17,560 --> 01:14:20,240
Speaker 2: know that the person had a good season. We do

1519
01:14:20,439 --> 01:14:22,240
Speaker 2: know that you can do more with person than just

1520
01:14:22,360 --> 01:14:25,040
Speaker 2: make jam. And we do now know that I've never

1521
01:14:25,160 --> 01:14:27,719
Speaker 2: had a person and probably will never have a person,

1522
01:14:27,960 --> 01:14:30,720
Speaker 2: but I do have a quince that should we do

1523
01:14:30,800 --> 01:14:33,920
Speaker 2: an interview on the Quints. I am fully prepared and

1524
01:14:34,120 --> 01:14:35,719
Speaker 2: set to go in. What we'll bounce?

1525
01:14:35,920 --> 01:14:36,840
Speaker 10: I don't know what to believe.

1526
01:14:37,000 --> 01:14:41,600
Speaker 2: An award winning interview Rob Little, what's he doing? Oh

1527
01:14:41,640 --> 01:14:43,960
Speaker 2: he's the UK correspondent. That's right, we'll do him after

1528
01:14:44,040 --> 01:14:44,559
Speaker 2: the news.

1529
01:14:44,400 --> 01:14:45,040
Speaker 16: With you next.

1530
01:14:46,920 --> 01:14:52,120
Speaker 1: The only report you need to start your day the

1531
01:14:52,400 --> 01:14:56,920
Speaker 1: my casting Breakfast with a Vita, Retirement, Communities, Life your

1532
01:14:57,000 --> 01:14:58,240
Speaker 1: Way News, togs Head be.

1533
01:14:58,520 --> 01:15:01,559
Speaker 2: Quints makes terrific de Why ask here? And why's you hear?

1534
01:15:01,640 --> 01:15:06,240
Speaker 2: And Win's good? People infuse vodka with quince. You do

1535
01:15:06,360 --> 01:15:13,280
Speaker 2: that at home, absolutely delicious on the rocks. T watch

1536
01:15:13,360 --> 01:15:15,320
Speaker 2: some vodka the other day, two or three different bottles

1537
01:15:15,360 --> 01:15:15,479
Speaker 2: of it.

1538
01:15:17,920 --> 01:15:20,400
Speaker 20: Now the Philadelai you can now know you not tell

1539
01:15:20,439 --> 01:15:23,479
Speaker 20: the difference between Quins and exactly.

1540
01:15:24,560 --> 01:15:28,559
Speaker 2: The Philadelphia Eagles super Bowl champions are at the White

1541
01:15:28,600 --> 01:15:31,960
Speaker 2: House for their reception. Now, I thought Trump made a

1542
01:15:32,040 --> 01:15:32,599
Speaker 2: very good point.

1543
01:15:33,080 --> 01:15:36,439
Speaker 1: The Eagle scored a touchdown on their signature.

1544
01:15:35,960 --> 01:15:41,560
Speaker 2: Play, the push Push You know that is or so

1545
01:15:41,720 --> 01:15:43,600
Speaker 2: I hope they keep that play. Coach, I don't know,

1546
01:15:44,200 --> 01:15:45,640
Speaker 2: but you know.

1547
01:15:45,720 --> 01:15:49,280
Speaker 1: They're they're talking about getting rid of that play. I

1548
01:15:49,400 --> 01:15:50,519
Speaker 1: unders said they should keep.

1549
01:15:50,560 --> 01:15:51,599
Speaker 2: But what do you think, seq one.

1550
01:15:51,640 --> 01:15:53,600
Speaker 10: I like but you have guys like this pushing you

1551
01:15:53,680 --> 01:15:54,439
Speaker 10: around a little bit.

1552
01:15:55,240 --> 01:15:55,720
Speaker 14: I like it.

1553
01:15:55,800 --> 01:15:58,280
Speaker 1: It's sort of exciting and different. I would like to

1554
01:15:58,320 --> 01:15:59,200
Speaker 1: see something done.

1555
01:15:59,240 --> 01:16:01,280
Speaker 18: I'd like to go back to the regular kickoff.

1556
01:16:01,360 --> 01:16:05,000
Speaker 14: However, we don't like that kickoff where nobody's moving the

1557
01:16:05,120 --> 01:16:05,760
Speaker 14: balls in the air.

1558
01:16:05,880 --> 01:16:08,680
Speaker 1: Nobody's moving. But I want to ask the coacher and

1559
01:16:08,920 --> 01:16:10,640
Speaker 1: lane a ready of the people about that.

1560
01:16:10,840 --> 01:16:12,479
Speaker 11: But as a fan, I don't know.

1561
01:16:13,000 --> 01:16:14,720
Speaker 2: I don't want to be too technical about this. But

1562
01:16:14,880 --> 01:16:17,000
Speaker 2: one his point about the tush push is they had

1563
01:16:17,040 --> 01:16:19,280
Speaker 2: a meeting of the owners the other day as to

1564
01:16:19,320 --> 01:16:20,920
Speaker 2: whether to get rid of it or not, and the

1565
01:16:21,280 --> 01:16:23,640
Speaker 2: owners kicked it down the field. They didn't want to

1566
01:16:23,640 --> 01:16:26,599
Speaker 2: deal with it, so that stays the kickoff I think

1567
01:16:26,680 --> 01:16:30,080
Speaker 2: stays as well. Saquon Barkley doesn't use the tush push

1568
01:16:30,160 --> 01:16:32,560
Speaker 2: because he's in a completely different position. It would be

1569
01:16:32,680 --> 01:16:35,000
Speaker 2: Jalen Hurts, the quarterback who would use the tush push.

1570
01:16:35,560 --> 01:16:37,519
Speaker 2: So he got caught out on that. But he does

1571
01:16:37,640 --> 01:16:39,479
Speaker 2: make a good point about the kickoff. Twenty two minutes

1572
01:16:39,479 --> 01:16:39,960
Speaker 2: away from.

1573
01:16:39,920 --> 01:16:44,680
Speaker 16: Nine International correspondence with ins and Eye Insurance Peace of

1574
01:16:44,800 --> 01:16:46,439
Speaker 16: Mind for New Zealand business woo.

1575
01:16:46,960 --> 01:16:49,120
Speaker 2: But we go on, little morning mate, good boy, and

1576
01:16:49,160 --> 01:16:51,920
Speaker 2: chein you make now the labor government traditionally when the

1577
01:16:52,000 --> 01:16:54,559
Speaker 2: unions come calling, cod no problem. Let's have a sit

1578
01:16:54,640 --> 01:16:56,240
Speaker 2: down at a table over a cup of coffee and

1579
01:16:56,280 --> 01:16:58,800
Speaker 2: strike a deal. When Starmer and Kog we got no money,

1580
01:16:58,840 --> 01:16:59,800
Speaker 2: how much trouble's brewing?

1581
01:16:59,840 --> 01:17:03,920
Speaker 9: This a lot, a lot. If you remember when labor

1582
01:17:04,000 --> 01:17:09,479
Speaker 9: came into offices government back in July last year, the

1583
01:17:09,560 --> 01:17:13,360
Speaker 9: first thing they did was bung this wacko payment to

1584
01:17:13,520 --> 01:17:16,280
Speaker 9: the doctors and the train drivers which was way way

1585
01:17:16,360 --> 01:17:19,880
Speaker 9: over inflation and came very close to what they were

1586
01:17:20,000 --> 01:17:24,280
Speaker 9: asking for, you know, in double digit percentage rises. So

1587
01:17:24,479 --> 01:17:27,760
Speaker 9: that kind of setup precedent. It also ate up a

1588
01:17:27,840 --> 01:17:30,439
Speaker 9: load of money which Rachel reeves the transfer could have

1589
01:17:30,560 --> 01:17:34,160
Speaker 9: used elsewhere. And now we're in a position where the

1590
01:17:34,240 --> 01:17:38,080
Speaker 9: government has, without question, in the last three months four months,

1591
01:17:38,160 --> 01:17:43,400
Speaker 9: even gained a grasp of reality, seen that we're skinned,

1592
01:17:44,040 --> 01:17:46,519
Speaker 9: seeing that there are other things such as defense which

1593
01:17:46,560 --> 01:17:49,720
Speaker 9: we need to spend on, which we haven't decided to

1594
01:17:49,800 --> 01:17:54,080
Speaker 9: spend upon, and that therefore pay settlements in the public

1595
01:17:54,120 --> 01:17:56,320
Speaker 9: section we're going to have to be limited. Now we

1596
01:17:56,439 --> 01:17:59,960
Speaker 9: have the teachers and the nurses. Both of them are

1597
01:18:00,040 --> 01:18:03,960
Speaker 9: asking for the place settlements in excess of three point

1598
01:18:04,040 --> 01:18:08,200
Speaker 9: five four percent. The government is pegged to two point

1599
01:18:08,280 --> 01:18:12,560
Speaker 9: eight percent. This is a real, real problem and it

1600
01:18:12,600 --> 01:18:15,639
Speaker 9: will become even more of a problem when the government says, well, okay,

1601
01:18:15,720 --> 01:18:18,760
Speaker 9: you can have your pay rises, but the costs have

1602
01:18:18,880 --> 01:18:23,000
Speaker 9: to be met from within education budgets for example, or

1603
01:18:23,120 --> 01:18:27,120
Speaker 9: within NHS budgets for example. So that will be a

1604
01:18:27,240 --> 01:18:30,439
Speaker 9: real problem through the summer for both the Chancellor and

1605
01:18:30,600 --> 01:18:31,280
Speaker 9: the Prime Minister.

1606
01:18:31,560 --> 01:18:33,760
Speaker 2: They still running the cost of living crisis line that

1607
01:18:33,840 --> 01:18:35,559
Speaker 2: most unions around the world seem to be running at

1608
01:18:35,560 --> 01:18:37,519
Speaker 2: the moment, even though the cost of living broadly speaking

1609
01:18:37,600 --> 01:18:39,960
Speaker 2: is under control inflation release speaking.

1610
01:18:41,280 --> 01:18:44,080
Speaker 9: Yeah they are. But what is at the back of

1611
01:18:44,160 --> 01:18:48,439
Speaker 9: their minds is the fact that the trend driver's got

1612
01:18:48,560 --> 01:18:55,799
Speaker 9: twelve you know, the doctors, And that's set a terrible precedent.

1613
01:18:56,320 --> 01:19:00,760
Speaker 9: That was at the time when labor was chaotic hundred days,

1614
01:19:01,400 --> 01:19:05,360
Speaker 9: denied winter fuel payments to the pensioners and instead gave

1615
01:19:05,400 --> 01:19:07,640
Speaker 9: it to their client groups. You voted for them as

1616
01:19:07,720 --> 01:19:11,559
Speaker 9: the election, and that's set a precedent. Yes, I mean, actually,

1617
01:19:11,960 --> 01:19:14,000
Speaker 9: you know three and a half to four point two

1618
01:19:14,080 --> 01:19:17,559
Speaker 9: percent which the teachers and nurses are asking for isn't

1619
01:19:17,880 --> 01:19:22,519
Speaker 9: wildly over the inflation rate. It is over the inflation rate.

1620
01:19:23,160 --> 01:19:27,080
Speaker 9: But effectively the government is being you know, hoisted by

1621
01:19:27,120 --> 01:19:28,400
Speaker 9: its own petard.

1622
01:19:28,040 --> 01:19:31,280
Speaker 2: Here, Yeah, whose signers? Who are I mean? Politically does

1623
01:19:31,320 --> 01:19:33,880
Speaker 2: this play If the government hold their line and so

1624
01:19:34,080 --> 01:19:36,280
Speaker 2: we don't have the money, that's just life. Is that

1625
01:19:36,360 --> 01:19:38,600
Speaker 2: play well politically for them with the wider public.

1626
01:19:38,720 --> 01:19:44,479
Speaker 9: It pays well for them in Parliament, It's very hard

1627
01:19:44,560 --> 01:19:48,000
Speaker 9: to tell. I don't think there is any feed that

1628
01:19:48,400 --> 01:19:52,240
Speaker 9: one could imagine that one wouldn't imagine the British public

1629
01:19:52,280 --> 01:19:56,200
Speaker 9: would give to nurses erroneously in my opinion. So the

1630
01:19:56,320 --> 01:19:59,800
Speaker 9: nurses always have some support. The teachers, I think, have

1631
01:20:00,160 --> 01:20:01,160
Speaker 9: none whatsoever.

1632
01:20:02,479 --> 01:20:05,920
Speaker 2: How do we explain the booming business of quangos given

1633
01:20:06,000 --> 01:20:07,639
Speaker 2: all that's going on back cutting back?

1634
01:20:08,760 --> 01:20:13,160
Speaker 9: It is a familiar trope that every single Prime Minister

1635
01:20:13,240 --> 01:20:15,559
Speaker 9: who comes into office says we will have a bonfire

1636
01:20:15,600 --> 01:20:19,080
Speaker 9: of the quangos, or words to that effect, and within

1637
01:20:19,240 --> 01:20:23,559
Speaker 9: six months it's been discovered that quangos have expanded under

1638
01:20:23,680 --> 01:20:27,080
Speaker 9: every bit, that there are more people than ever earning

1639
01:20:27,280 --> 01:20:31,680
Speaker 9: loads of money and who are kind of quazy and unaccountable.

1640
01:20:32,120 --> 01:20:34,639
Speaker 9: This has happened with labor since it's got in. There

1641
01:20:34,720 --> 01:20:39,920
Speaker 9: are more quangos, not fewer. Even though the government did

1642
01:20:40,000 --> 01:20:42,040
Speaker 9: do the right thing in abolishing the worst of them

1643
01:20:42,080 --> 01:20:46,840
Speaker 9: all NHS England, which it did to great credit, there

1644
01:20:46,880 --> 01:20:49,760
Speaker 9: are now three hundred bosses of quangos, earning more than

1645
01:20:50,120 --> 01:20:53,200
Speaker 9: the Prime Minister. It doesn't look as if they're going

1646
01:20:53,280 --> 01:20:57,439
Speaker 9: to stop anytime soon. They're generated like Lilac's out of

1647
01:20:57,520 --> 01:20:59,680
Speaker 9: the dead Earth. As Tsliot might have put it.

1648
01:21:01,439 --> 01:21:04,320
Speaker 2: I love it how they say rod. The word is

1649
01:21:04,720 --> 01:21:08,640
Speaker 2: twenty seven, possibly twenty eight degrees by the end of

1650
01:21:08,680 --> 01:21:09,000
Speaker 2: the week.

1651
01:21:09,640 --> 01:21:11,960
Speaker 9: Yeah, I'm not going out, mate. You know we can't

1652
01:21:12,040 --> 01:21:17,639
Speaker 9: cope with that here. It's tell you there is a problem.

1653
01:21:17,800 --> 01:21:20,439
Speaker 9: You're ginning to be stored up. I live in a

1654
01:21:20,600 --> 01:21:23,040
Speaker 9: very very rainy part of the UK, and there's been

1655
01:21:23,120 --> 01:21:26,320
Speaker 9: no rain for a very very very long time. I

1656
01:21:26,439 --> 01:21:28,640
Speaker 9: think we're going to be in drought territory by the

1657
01:21:28,720 --> 01:21:32,840
Speaker 9: time summer comes along. But in the meantime, yeah, it's

1658
01:21:32,960 --> 01:21:36,360
Speaker 9: crack open a few bottles of wine, sit in the

1659
01:21:36,439 --> 01:21:40,160
Speaker 9: garden and try to pretend everything else doesn't exist. Mate.

1660
01:21:40,320 --> 01:21:42,320
Speaker 2: That sounds good to make go well. We'll see you Thursday.

1661
01:21:42,400 --> 01:21:44,599
Speaker 2: Speaking of which, by the way, so far this year

1662
01:21:45,920 --> 01:21:49,480
Speaker 2: the number of wildfires. You don't think of UK and wildfires,

1663
01:21:49,520 --> 01:21:51,680
Speaker 2: do you? When I say UK and wildfires. They don't

1664
01:21:51,760 --> 01:21:54,080
Speaker 2: naturally go together anyway. The amount of land that's been

1665
01:21:54,320 --> 01:21:56,360
Speaker 2: burned in the wildfire in the UK already this year

1666
01:21:56,400 --> 01:21:59,360
Speaker 2: higher than the title for any year in more than

1667
01:21:59,400 --> 01:22:03,400
Speaker 2: a decade. Two hundred and ninety two square kilometers has

1668
01:22:03,520 --> 01:22:05,759
Speaker 2: been burnt in Britain so far, more than the previous

1669
01:22:05,800 --> 01:22:08,920
Speaker 2: high twenty eight thousy one hundred hectares. And it's the

1670
01:22:09,040 --> 01:22:11,519
Speaker 2: weather rods just talked about, very common in the UK

1671
01:22:11,600 --> 01:22:15,000
Speaker 2: and early spring. Apparently eighty fires so far have been detected.

1672
01:22:15,920 --> 01:22:18,720
Speaker 2: And just on related British matters before we move on,

1673
01:22:19,560 --> 01:22:22,519
Speaker 2: theft is up. Personal theft is up twenty two percent

1674
01:22:22,600 --> 01:22:25,560
Speaker 2: so far this year. It's from the Office of National Statistics.

1675
01:22:25,600 --> 01:22:27,800
Speaker 2: They recorded one hundred police one hundred and fifty two

1676
01:22:28,160 --> 01:22:31,559
Speaker 2: four hundred and sixteen thefts from personal offences, higher since

1677
01:22:31,600 --> 01:22:33,559
Speaker 2: the current data methods began in two thousand and three,

1678
01:22:33,600 --> 01:22:36,479
Speaker 2: so that's not good. Shoplifting on the rise, surpassing half

1679
01:22:36,479 --> 01:22:40,280
Speaker 2: a million recorded offenses. Number of homicides lowest in a decade.

1680
01:22:40,920 --> 01:22:46,120
Speaker 2: Overall crime below pre pandemic levels down more than seventy

1681
01:22:46,360 --> 01:22:50,439
Speaker 2: five percent since the mid nineteen ninetyes, so you can

1682
01:22:50,479 --> 01:22:53,080
Speaker 2: imagine how bad it was. So that's good. But the

1683
01:22:53,960 --> 01:22:57,360
Speaker 2: personal stuff are on the up. Sixteen two the.

1684
01:22:57,600 --> 01:23:01,840
Speaker 1: Like asking Breakfast Fall Show podcast on iHeartRadio powered by

1685
01:23:01,920 --> 01:23:02,720
Speaker 1: News Talk, said, be.

1686
01:23:03,680 --> 01:23:08,040
Speaker 2: Jely, what's booming at the moment? Military spending numbers yesterday

1687
01:23:08,160 --> 01:23:11,439
Speaker 2: published that worldwide expenditures up nine and a half percent.

1688
01:23:12,520 --> 01:23:15,360
Speaker 2: Two point seven trillion is what the world spent last

1689
01:23:15,439 --> 01:23:20,320
Speaker 2: year on military guns, bombs, bullets, drones. Europe and the

1690
01:23:20,360 --> 01:23:23,080
Speaker 2: Middle East big increases, rushes up thirty eight percent, as

1691
01:23:23,160 --> 01:23:26,000
Speaker 2: rails up sixty five both for fairly obvious reasons. The

1692
01:23:26,160 --> 01:23:28,960
Speaker 2: US largest spender has always been probably always will be.

1693
01:23:29,000 --> 01:23:31,680
Speaker 2: They spend just under a trillion dollars a year. Are

1694
01:23:31,840 --> 01:23:35,559
Speaker 2: trillion dollars a year on military spending. It's thirty seven

1695
01:23:35,560 --> 01:23:38,559
Speaker 2: percent of the whole world. Germany's up twenty eight percent.

1696
01:23:38,640 --> 01:23:40,679
Speaker 2: The only spend eighty nine billion, which I would have thought,

1697
01:23:40,920 --> 01:23:42,519
Speaker 2: making it the fourth largest in the world. For the

1698
01:23:42,560 --> 01:23:44,439
Speaker 2: fourth largest, you can see where the gaps are, can't you.

1699
01:23:44,439 --> 01:23:46,840
Speaker 2: I mean, by the time you take out America and

1700
01:23:46,960 --> 01:23:50,400
Speaker 2: take out China. You know, everyone else's small fry comparatively speaking.

1701
01:23:50,479 --> 01:23:52,840
Speaker 2: So Germany is up, but they're only at eighty eight

1702
01:23:52,960 --> 01:23:55,160
Speaker 2: billion as the fourth biggest player in the world. NATO

1703
01:23:55,280 --> 01:23:57,519
Speaker 2: country is thirty two members of NATO one and a

1704
01:23:57,520 --> 01:24:00,200
Speaker 2: half trillion dollars. That's collectively though thirty two country. He's

1705
01:24:00,240 --> 01:24:02,439
Speaker 2: eighteen of the thirty two, by the way, And this

1706
01:24:02,560 --> 01:24:04,439
Speaker 2: is what Trump started a number of years ago, said

1707
01:24:04,479 --> 01:24:06,479
Speaker 2: no one pays the two percent. They all promise to

1708
01:24:06,520 --> 01:24:08,960
Speaker 2: pay two percent of GDP on military spending. That's become

1709
01:24:09,000 --> 01:24:12,559
Speaker 2: a thing. If Trump's been effective in part one IE

1710
01:24:12,680 --> 01:24:15,360
Speaker 2: sixteen through twenty and his first one hundred days, it

1711
01:24:15,479 --> 01:24:18,840
Speaker 2: is to get the world to spend more. Whether you

1712
01:24:18,880 --> 01:24:20,519
Speaker 2: agree with it or not doesn't really matter. But has

1713
01:24:20,560 --> 01:24:22,120
Speaker 2: he been effective, yess. He has to get more of

1714
01:24:22,160 --> 01:24:24,360
Speaker 2: the world to spend more of their GDP on defense.

1715
01:24:24,400 --> 01:24:26,839
Speaker 2: And we are following suit. If you've heard the announcements

1716
01:24:26,840 --> 01:24:28,640
Speaker 2: in the last couple of days, nine billion dollars of

1717
01:24:28,680 --> 01:24:29,519
Speaker 2: new spending from US.

1718
01:24:29,720 --> 01:24:32,040
Speaker 10: So that didn't come out of our operational allowance.

1719
01:24:31,840 --> 01:24:34,040
Speaker 2: Certainly didn't come out of our operational allowance. I don't know.

1720
01:24:34,120 --> 01:24:36,080
Speaker 2: You take our operational allowance. I don't know what you

1721
01:24:36,120 --> 01:24:38,560
Speaker 2: would have bought. You would have bought three bolts for

1722
01:24:38,640 --> 01:24:41,559
Speaker 2: a tank that we don't have. Eighteen of the thirty

1723
01:24:41,600 --> 01:24:43,840
Speaker 2: two NATO countries are now running the two percent GDP,

1724
01:24:43,960 --> 01:24:47,959
Speaker 2: which is the high since NATO was founded. China accounted

1725
01:24:48,040 --> 01:24:52,080
Speaker 2: for half of all military spending in the Pacific, so

1726
01:24:52,880 --> 01:24:55,880
Speaker 2: conflict and uncertainty is good for business.

1727
01:24:56,080 --> 01:24:59,840
Speaker 1: Ten to nine the Mate Hosking Breakfast with the Range

1728
01:25:00,840 --> 01:25:02,240
Speaker 1: News TOSAB.

1729
01:25:02,240 --> 01:25:04,960
Speaker 2: Acts have announced this morning there got a member's bill.

1730
01:25:05,040 --> 01:25:07,679
Speaker 2: There seems to be more activity in the Members Bill department,

1731
01:25:07,720 --> 01:25:09,360
Speaker 2: doesn't it between New Zealand First and Act at the

1732
01:25:09,360 --> 01:25:11,759
Speaker 2: moment Members bill on Also New Zealfest had a members

1733
01:25:11,800 --> 01:25:13,960
Speaker 2: bill on on toilets until they didn't and then they

1734
01:25:13,960 --> 01:25:15,599
Speaker 2: were going to do the women thing, and as far

1735
01:25:15,640 --> 01:25:17,479
Speaker 2: as I know they still are. Actor. I've got a

1736
01:25:17,560 --> 01:25:20,280
Speaker 2: members bill to repeal legislation which requires banks and other

1737
01:25:20,320 --> 01:25:24,439
Speaker 2: financial institutions to submit climate disclosures, which is good. There

1738
01:25:24,479 --> 01:25:27,800
Speaker 2: are too many companies spending too much time writing about

1739
01:25:27,840 --> 01:25:30,439
Speaker 2: climate when really they're not in the climate business or

1740
01:25:30,520 --> 01:25:32,280
Speaker 2: have anything to do with it. I also feel sorry

1741
01:25:32,320 --> 01:25:35,400
Speaker 2: for this morning for Joseph Parker I thoroughly enjoyed having

1742
01:25:35,400 --> 01:25:38,000
Speaker 2: in the studio. A couple of weeks ago, the Dubai

1743
01:25:38,240 --> 01:25:41,320
Speaker 2: Usik fight has been confirmed, which means Joseph does not

1744
01:25:41,439 --> 01:25:43,720
Speaker 2: have a fight at the moment. Those two are going

1745
01:25:43,760 --> 01:25:46,719
Speaker 2: to go out at July twenty Wembley. So Usik holds

1746
01:25:46,720 --> 01:25:53,440
Speaker 2: the WBAWBC and the WBO. So Usick relinquished the IBF

1747
01:25:54,040 --> 01:25:57,800
Speaker 2: when he chose to fight that rematch with Fury. So

1748
01:25:58,120 --> 01:26:00,519
Speaker 2: Parker was hoping for another go at the Boi. He

1749
01:26:00,760 --> 01:26:03,360
Speaker 2: was going at Dubois in Saudi Arabia the other day.

1750
01:26:03,439 --> 01:26:08,960
Speaker 2: Dubois got sick, or did he, and so they said, well,

1751
01:26:09,040 --> 01:26:11,200
Speaker 2: let's and so they got the guy from where did

1752
01:26:11,200 --> 01:26:14,120
Speaker 2: he go? Went from the Congo to Ethiopia to Jedda

1753
01:26:14,800 --> 01:26:17,040
Speaker 2: and was there for about three and a half minutes

1754
01:26:17,080 --> 01:26:18,960
Speaker 2: till Joseph whacked him in the head and he fell

1755
01:26:19,040 --> 01:26:20,320
Speaker 2: over and went back home again.

1756
01:26:20,760 --> 01:26:21,439
Speaker 12: So that was that.

1757
01:26:21,600 --> 01:26:23,800
Speaker 2: So he's hoping for a rematch with Dubois. It wasn't

1758
01:26:23,840 --> 01:26:25,920
Speaker 2: going to happen because the money's there with the Dubois

1759
01:26:26,080 --> 01:26:30,519
Speaker 2: and Usik. So Joseph sits and waits, You've got Joshua

1760
01:26:30,720 --> 01:26:33,559
Speaker 2: in there somewhere. I don't know where he sits these days.

1761
01:26:33,600 --> 01:26:36,000
Speaker 2: He's a money fight if you held it in London.

1762
01:26:36,120 --> 01:26:37,320
Speaker 2: I don't know if you get the same money in

1763
01:26:37,320 --> 01:26:39,719
Speaker 2: Saudi Arabia, but certainly if you put it into London,

1764
01:26:40,400 --> 01:26:42,320
Speaker 2: the poms wild turn up to watch Joseph Parker and

1765
01:26:42,800 --> 01:26:45,040
Speaker 2: Joshua go at it. Whether that's a realistic prospect, I

1766
01:26:45,120 --> 01:26:47,680
Speaker 2: don't know whether he holds out for the victor. I mean,

1767
01:26:47,760 --> 01:26:51,439
Speaker 2: I'm assuming also that Dubois and Yusic go together and

1768
01:26:51,520 --> 01:26:55,120
Speaker 2: whoever wins or loses goes again, because most of those

1769
01:26:55,160 --> 01:26:58,400
Speaker 2: things have a two fight deal. So you're waiting Jesus me.

1770
01:26:58,479 --> 01:27:02,000
Speaker 2: It's times and he's in top four and he's ready

1771
01:27:02,040 --> 01:27:05,439
Speaker 2: to go. And that's the unfortunate thing about boxing is

1772
01:27:05,520 --> 01:27:07,200
Speaker 2: that you can be in top four, you can be

1773
01:27:07,280 --> 01:27:10,479
Speaker 2: ready to go, you can build your pathway and unless

1774
01:27:10,640 --> 01:27:15,160
Speaker 2: the dominoes fall your way, there's an element of a

1775
01:27:15,400 --> 01:27:17,559
Speaker 2: crap shoot and luck and promoters and all that sort

1776
01:27:17,560 --> 01:27:19,559
Speaker 2: of stuff. So we'll keep you posted. But we wish

1777
01:27:19,640 --> 01:27:21,439
Speaker 2: him well, obviously, because he's never looked better aspari as

1778
01:27:21,479 --> 01:27:24,400
Speaker 2: I can tell five minutes away from nine trending now.

1779
01:27:24,600 --> 01:27:28,920
Speaker 1: Were house, you're one stuff for Mother's Day Fragrances.

1780
01:27:29,680 --> 01:27:32,920
Speaker 2: Speaking of New Zealand, is doing well internationally. You'll be

1781
01:27:32,960 --> 01:27:34,400
Speaker 2: well aware of what Lord's been up to in the

1782
01:27:34,479 --> 01:27:36,320
Speaker 2: last week or so. She's got this new single.

1783
01:27:36,400 --> 01:27:37,920
Speaker 15: What was that?

1784
01:27:39,640 --> 01:27:42,080
Speaker 2: That was the whole New York pop up thing, which

1785
01:27:42,760 --> 01:27:46,759
Speaker 2: was a stunt. I'm convinced it was a stunt. Actually

1786
01:27:46,760 --> 01:27:48,920
Speaker 2: funny enough, I sickond guessed myself today as well, because

1787
01:27:49,040 --> 01:27:51,080
Speaker 2: last time I talked about this a couple of days ago,

1788
01:27:51,439 --> 01:27:55,320
Speaker 2: the park she did it in New York, I said,

1789
01:27:55,360 --> 01:27:57,280
Speaker 2: I'd been to and it was a very It has

1790
01:27:57,320 --> 01:27:59,799
Speaker 2: a very nice restaurant in the park with an outdoor balcony,

1791
01:28:00,840 --> 01:28:02,760
Speaker 2: and last time I went there, I had dinner at

1792
01:28:02,800 --> 01:28:05,160
Speaker 2: the deal balcony, and if the Lord had come along

1793
01:28:05,240 --> 01:28:07,200
Speaker 2: with her with her pop up, I would have been

1794
01:28:07,280 --> 01:28:08,800
Speaker 2: upset because it would have been too much noise and

1795
01:28:08,800 --> 01:28:10,680
Speaker 2: you couldn't have a quiet dinner in the park. And

1796
01:28:10,760 --> 01:28:12,640
Speaker 2: as soon as I saw the park again, I thought, oh,

1797
01:28:12,680 --> 01:28:14,479
Speaker 2: I've probably got the park ron. It's probably a completely

1798
01:28:14,479 --> 01:28:17,400
Speaker 2: different park, but for now anyway, I'm going to say

1799
01:28:17,439 --> 01:28:18,479
Speaker 2: it was the same park.

1800
01:28:18,800 --> 01:28:20,960
Speaker 10: It's probably surrounded by person in trees.

1801
01:28:21,479 --> 01:28:24,719
Speaker 2: Yeah, a lot of persons in the park or quinces.

1802
01:28:24,840 --> 01:28:28,479
Speaker 2: You never can tell mystery fruit. It's tricky. What can

1803
01:28:28,560 --> 01:28:29,600
Speaker 2: I say? Anyway? Where was I?

1804
01:28:30,080 --> 01:28:30,120
Speaker 14: So?

1805
01:28:30,360 --> 01:28:32,880
Speaker 2: That was a stunt? Anyway, it's got her to number

1806
01:28:32,920 --> 01:28:36,320
Speaker 2: one in the US, first time she's been to number

1807
01:28:36,360 --> 01:28:38,040
Speaker 2: one since Royals back in twenty thirteen. It's been a

1808
01:28:38,080 --> 01:28:40,720
Speaker 2: long time. So this is the daily Spotify chart, which

1809
01:28:40,800 --> 01:28:42,560
Speaker 2: is completely different. The whole thing's changed. I don't know

1810
01:28:42,600 --> 01:28:44,720
Speaker 2: if you realize that streaming is a bit different now

1811
01:28:44,800 --> 01:28:47,280
Speaker 2: from the records used to go along to the record shop?

1812
01:28:47,760 --> 01:28:49,560
Speaker 10: Is there a stick chart for people who listened to it?

1813
01:28:49,600 --> 01:28:51,960
Speaker 2: Well, exactly, just no stick chart, len. I mean if

1814
01:28:52,000 --> 01:28:54,960
Speaker 2: I listened to this on my stick, who's monitoring the stick?

1815
01:28:55,320 --> 01:28:57,639
Speaker 2: I mean, I listened to this on the way home

1816
01:28:57,680 --> 01:28:59,840
Speaker 2: on my stick and no one knows that that's happened.

1817
01:28:59,880 --> 01:29:01,600
Speaker 2: I'm not where am I paying royalties for that?

1818
01:29:01,720 --> 01:29:01,800
Speaker 14: Now?

1819
01:29:01,840 --> 01:29:04,800
Speaker 2: I'm not number two in New Zealand, number three in

1820
01:29:04,840 --> 01:29:08,600
Speaker 2: the UK, number five globally, I'm gone now, isn't it.

1821
01:29:08,640 --> 01:29:10,960
Speaker 2: So what's happening globally? Is something weird happened globally there?

1822
01:29:11,920 --> 01:29:15,800
Speaker 2: So pure heroine has also been reignited, because, of course,

1823
01:29:15,800 --> 01:29:17,439
Speaker 2: once you listen to a new song, everyone goes, so

1824
01:29:17,560 --> 01:29:20,280
Speaker 2: she's done anything else. Yes, she has pure heroine. So

1825
01:29:20,400 --> 01:29:22,320
Speaker 2: that's back in the Billboard two hundred. That'll be the

1826
01:29:22,360 --> 01:29:25,920
Speaker 2: first time since twenty seventeen. So Lord is back and

1827
01:29:26,040 --> 01:29:27,920
Speaker 2: good luck with her, and as it turns out, we're

1828
01:29:28,000 --> 01:29:31,479
Speaker 2: back number one on all the charts tomorrow from six

1829
01:29:31,880 --> 01:29:33,360
Speaker 2: as always, Happy Days.

1830
01:29:51,680 --> 01:29:54,519
Speaker 1: For more from the Mic Asking Breakfast, listen live to

1831
01:29:54,680 --> 01:29:57,719
Speaker 1: news talks. It'd be from six am weekdays, or follow

1832
01:29:57,800 --> 01:29:59,320
Speaker 1: the podcast on iHeartRadio.