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Speaker 1: New Zealand's home for trusted news and views.

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Speaker 2: The Mic Hosking Breakfast with Vida, Retirement, Communities, Life Your Way, News,

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Speaker 2: togs Head, be.

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Speaker 3: Morning and welcome. It is the perfect day to tune in.

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Speaker 3: Because we talked tariffs and Trump. We have good news

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Speaker 3: from the dairy industry. The Prime Minister reassures us that

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Speaker 3: he's actually going to get some things moving this year.

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Speaker 3: We're going to chatter with a bloke who knows Elon

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Speaker 3: really well and thinks he's a genius. Catherine Fields in

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Speaker 3: from France and Rodin Little. He's pitched up this tenth

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Speaker 3: in the UK asking reminds move of a rubbish fan.

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Speaker 3: Now welcome to the seventeenth year of the Mike Hosking Breakfast.

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Speaker 3: Seventeenth year. I suppose the first thing is I could

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Speaker 3: apologize for my long holiday. Eight weeks in the end

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Speaker 3: is said a bit long, Katie tells me from social

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Speaker 3: media feedback, many of you think so, so I'm sorry

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Speaker 3: about that. Upside is I don't take a lot of

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Speaker 3: leave during the year, so there's a lot of me

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Speaker 3: from here on in. If that's a good thing. Our

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Speaker 3: long holidays for me are also in exercise as I've

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Speaker 3: told you before, Do I want to retire? Can I

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Speaker 3: get used to not getting up through two thirty in

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Speaker 3: the morning, is lazing away day after day with an

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Speaker 3: odd sure tossed in the future. No, As it turns out,

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Speaker 3: I remain here simply because I love it. So some

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Speaker 3: of the stories we will talk about this week. I

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Speaker 3: started collecting, if you can believe it, before Christmas, so

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Speaker 3: kind of on holiday but still a bit tragic. Really

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Speaker 3: can't let go of the work. There's something wrong with that,

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Speaker 3: isn't there? Anyway? I didn't like the moaning over the weather.

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Speaker 3: Holidays aren't about the weather entirely. They're about rest and

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Speaker 3: rejuvenation and thinking and contemplation. Having said that I had

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Speaker 3: perfect weather, I thought I had sunshine and I had

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Speaker 3: some rain. What more do you want? I didn't like

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Speaker 3: Chris Hipkins turning up in Jendles last week. I'm not

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Speaker 3: here this morning in Jendles. I take my job seriously.

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Speaker 3: I did like Enigma. It's on Netflix. It's about Aaron Rodgers.

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Speaker 3: Is an insight into a complex but highly successful person.

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Speaker 3: I like complex and highly successful people. Our oldest turned eighteen,

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Speaker 3: which I surmised was more important than me turning sixty

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Speaker 3: eighteen has legal consequences. Nothing happens when you're sixty Our sun.

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Speaker 3: One of them spent the summer out here from the UK,

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Speaker 3: reveling in the warmth and sun and wandering down in

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Speaker 3: New Zealand Memory Lane. He's back to the ice and

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Speaker 3: storms this Friday, so shape will form. All the kids

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Speaker 3: rolled through our place to drink or go to a

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Speaker 3: festival or crash or catch up. And given two of

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Speaker 3: them are offshore these days, you get more grateful for

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Speaker 3: those trips. I can tell you. I reveled in Trump.

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Speaker 3: I mean, what a force of nature. I mean, of

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Speaker 3: course he's insane, but he's a symbol of a new

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Speaker 3: age and age of doing stuff and getting stuff done,

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Speaker 3: which is where poor old Chris Luxon, who also put

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Speaker 3: on proper clothes, failed to fire. He's a talker, he

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Speaker 3: loves an idea and speech. But the problem they have

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Speaker 3: clearly finally worked out that they have is that they

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Speaker 3: tend to yack, not do. Trump does stuff, And I

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Speaker 3: think a lot of people are pleasantly surprised over the

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Speaker 3: last week or so. Luxon might want to take some notes.

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Speaker 3: I have things to say about tourism and hospital and

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Speaker 3: service ideas around here in New Zealand, which we got

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Speaker 3: stuck on twice and we only flew twice, and on

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Speaker 3: road cones that despite the promises, have gone nowhere. I

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Speaker 3: saw Luke Holmes. I like the idea that Eden Park

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Speaker 3: has no limits, not that that will come to pass.

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Speaker 3: I like the idea of this country actually getting its

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Speaker 3: act together. Let's hope, so a lot to do, a

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Speaker 3: lot to talk about. It's going to be awesome.

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Speaker 1: Why news of the world.

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Speaker 3: Eighty years since Aschwitz.

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Speaker 4: The responsibility of remembrance rests far heavier on our shoulders

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Speaker 4: and on those of generations are yet unborn. The act

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Speaker 4: of remembering the evils of the past remains a vital task.

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Speaker 3: One of the survivors ongoing somewhere there.

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Speaker 2: To a very distant place to the Yema, a station

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Speaker 2: that is unknown, for it is not in any map.

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Speaker 3: Another event hitting for the history of books, the Middle

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Speaker 3: East deal that's currently holding summer. Hitting back to the strip.

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Speaker 5: God is great, she cries, harmas the resistance.

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Speaker 1: We salute you.

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Speaker 5: I want to go back and see my mum and dad.

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Speaker 5: He smiles. I've not seen them for fifteen months.

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Speaker 3: But for the Israelis the news to die not so good.

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Speaker 6: Yeah israedy.

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Speaker 7: Government have confirmed that twenty five out of thirty three

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Speaker 7: hostages on Harmassa's list are alive, but eat hostages due

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Speaker 7: to be released in the coming weeks are dead.

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Speaker 3: The Trump Show rolls on, growing sense of confidence around

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Speaker 3: the confirmations.

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Speaker 8: I expect most, if not all of them to be confirmed.

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Speaker 9: Why number one, the presidents dug in like a chick.

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Speaker 5: He wants these people.

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Speaker 3: And then the market's getting shaken up this morning by

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Speaker 3: a Chinese invention called deep Seek.

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Speaker 10: Deepsey's a model has raised serious questions about American company's

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Speaker 10: dominance in this space, which up until this we were

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Speaker 10: miles ahead in. It has really rattled chip stocks.

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Speaker 3: Yeah, more than that. In the moment, finally got a boiler.

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Speaker 3: They've got a boil over at the Pastry World Cup.

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Speaker 3: Teams of three who are specialists in chocolate and ice

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Speaker 3: and sugar icing. I think there must be chocolate icing

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Speaker 3: and sugar three desserts. They had to make a frozen

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Speaker 3: dessert or restaurant dessert, flash dessert, and a chocolate dessert.

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Speaker 3: You had to do that in five hours and shock horror.

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Speaker 3: The Japanese week, the French Their lemon pear, marigold and

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Speaker 3: chocolate grinita in the shape of a hemp leaf put

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Speaker 3: them over the top front, second, Malaysia, third usual the

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Speaker 3: world in nineteen By the way, the Japanese Central Bank

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Speaker 3: went half a point. They're at half a point for

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Speaker 3: their cash rate. They're going up. The whole world's going down,

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Speaker 3: but the Japanese are going up. It was Nate once

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Speaker 3: slit on the vote. But more importantly, this morning is

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Speaker 3: deep sick this thing that's seemingly come from nowhere out

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Speaker 3: of China. It's an AI machine and in videos crashed.

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Speaker 3: In videos down seventeen percent this morning, as everyone goes, oh,

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Speaker 3: hang on, isn' video not that call after all? More

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Speaker 3: Shortly twelve past six.

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Speaker 2: The Mike Asking Breakfast Full Show podcast on iHeartRadio powered

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Speaker 2: by News Talks.

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Speaker 3: EPY announced overnight and a another sign of a changing world.

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Speaker 3: They're rolling back, Target are rolling back the DEI. The

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Speaker 3: big change is coming, not a moment too soon, Walmart, Meta, McDonald's.

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Speaker 3: They've all acquiesced. What we thought was brilliant is no

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Speaker 3: longer brilliant because there's a new guy in charge. Fifteen

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Speaker 3: past six now from j M I well right and

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Speaker 3: shiny for twenty five Andrew kellaher good morning and happy

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Speaker 3: new year.

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Speaker 8: Good morning, Mike, welcome back, and.

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Speaker 3: Welcome back to you. What do you make of Trump?

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Speaker 3: What do we make of the dollar? Where's the markets going?

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Speaker 3: What's what's this Chinese aa? What the hell's going on? Andrew?

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Speaker 8: So so much to talk about, Mike, and so much

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Speaker 8: little time. Yeah, I thought we'd kick off with a

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Speaker 8: bit of a summing up of how markets reacted to

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Speaker 8: the first week of sort of Trump point zero post

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Speaker 8: the inauguration on January twentieth. So, look, we now have

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Speaker 8: to deal with the day to day reality of the

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Speaker 8: Trump factor, and share markets did cheer that election outcome.

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Speaker 8: Initially you've got a business friend administration, but we're quickly

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Speaker 8: realizing that the lie of the land is now more complex,

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Speaker 8: it's more nuance. And but just to strip it back,

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Speaker 8: there are some key concerns at a macro level, and

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Speaker 8: they are the inflationary impact of the Trump policies, but

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Speaker 8: also the uncertainty of the implications of the tariff policies

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Speaker 8: because we don't actually know what they are.

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Speaker 11: We've seen evidence of this in.

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Speaker 8: The last twenty four hours with this whole whole sort

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Speaker 8: of art argument with Columbia that you've got this indefinable

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Speaker 8: gap between the intent of what he says and the

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Speaker 8: actual deployment that got things like the labor market policy,

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Speaker 8: the implications of the immigration policy. So what we've seen

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Speaker 8: so far, if you've seen sort of the first release

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Speaker 8: valve of these sorts of pressures is on the currency. Now,

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Speaker 8: the US dollar had been on a bit of a

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Speaker 8: run from Whichtobrohm was that's reversed a little bit. It's

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Speaker 8: come back. That's affected the New Zealand doll as well.

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Speaker 8: So New Zealand dollar go up. Interest rates Trump wants

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Speaker 8: rates lower. The first salvos have been fired across the

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Speaker 8: bow of Federal Reserve Governor Jerome Powell, Trump contending he

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Speaker 8: knows interest rates better than Powell does. Look for this

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Speaker 8: dynamic to provide plenty of headlines of the air progressives,

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Speaker 8: and we'll get the first bit of that this week, Mike,

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Speaker 8: because we've got Federal Federal Reserve meeting this week. But

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Speaker 8: the share market fascinating. Look, it's been very positive in

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Speaker 8: anticipation of Trump two point zero, a bit of a

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Speaker 8: slump around Christmas New Year last week, the positive momentum reappeared.

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Speaker 8: I think it's been the best start of them it's

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Speaker 8: had at the start of a presidential term since Reagan.

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Speaker 8: Now we're in the middle of the fourth quarter earning

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Speaker 8: season that was going well. But as you say, Mike,

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Speaker 8: we've got a spanner in the works over the weekend.

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Speaker 8: Have you heard of deep Sea? I mean no, no

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Speaker 8: one's heard of this. This thing has come out of nowhere.

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Speaker 8: So we're going to hear a lot more of this

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Speaker 8: over the next few days. So deep Sea smack the

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Speaker 8: Nastic down three point two percent, as you've said, in

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Speaker 8: Vidio down fifteen percent. It's an AI competitor out of China.

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Speaker 8: The thing is it's cheaper. It's been developed apparently for

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Speaker 8: a pittance of what the other AI chad apps have spent.

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Speaker 8: And the real issue here, Mike, now is it brings

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Speaker 8: into question what return are the big sort of US

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Speaker 8: European companies going to get out of the investment that

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Speaker 8: they've put the billions of dollars that they've sung into

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Speaker 8: a Apparently this guy has done this for an Absolutely,

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Speaker 8: he's done it for like six million US dollars and

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Speaker 8: he's he's used the in vidio chips, but he's paired

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Speaker 8: them up with cheaper chips as well.

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Speaker 11: Now we don't know.

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Speaker 8: A lot about this yet, so it's the deep seats

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Speaker 8: available on the Apple App Store. Questions around valuations. Now, look,

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Speaker 8: we'll just have to see how this pans out and

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Speaker 8: see actual what the proper story is. But Jesus a

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Speaker 8: fascino when it's.

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Speaker 3: The most downloaded app, it's BEDSPPT, it's free. Anyway. Give

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Speaker 3: us a quick word on jobs this year, because I

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Speaker 3: read yesterday it's it may be firepoint fight. How bad

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Speaker 3: is it going to get?

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Speaker 1: Do you reckon?

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Speaker 8: Well, we're not sure. So one of the unknowns for

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Speaker 8: twenty twenty five is just how weak the employment market

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Speaker 8: is going to get. The unemployment rate is lifting. The

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Speaker 8: good news is it's not going up as quickly as

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Speaker 8: had been feared. Seek Job Outs came out yesterday, declined

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Speaker 8: a further two point one percent in December. But this

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Speaker 8: is kind of indicative of the mixed nature of data

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Speaker 8: that we saw going to the end of twenty twenty four.

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Speaker 8: Something's looked a little bit better, something's looked a little

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Speaker 8: bit worse. Job has teased us a bit with a

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Speaker 8: lift in November, but the deterioration of the labor markets

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Speaker 8: returned to trend in December against the year earlier. My

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Speaker 8: job adds are down about twenty two percent. I don't

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Speaker 8: think inflict. I don't think unemployment is going to up

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Speaker 8: as high as we thought it did. But it is

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Speaker 8: one of those unknowns we've got leading into twenty twenty five.

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Speaker 3: Lay some numbers on me.

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Speaker 8: I will here's the weird thing, Mike, the Dow Jones,

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Speaker 8: this is really this, this this sheer market vollity, the

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Speaker 8: march just hitting the tech names. The Dow Jones is

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Speaker 8: actually up ten basis points forty four thousand, four hundred

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Speaker 8: and sixty six. The S and P five hundred is

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Speaker 8: down one and three quarter percent, down one hundred and

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Speaker 8: six point just under six thousand. The Nasdaq is currently

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Speaker 8: sitting down three point two percent, six hundred and forty

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Speaker 8: seven points nineteen thousand, three hundred and six. The forty

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Speaker 8: one hundred eighty five oh three barely changed overnight. The

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Speaker 8: nick A down just under one percent three nine five

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Speaker 8: six five. Shanghai Composite down two three two five oh. Yesterday,

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Speaker 8: the Ossie's gained point three six percent eight four eight

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Speaker 8: that was up thirty points enzidex fifty twelve thousand, nine

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Speaker 8: hundred and ninety nine, the NZ dollar point five six

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Speaker 8: eighty two against the US, against the ossie point nine

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Speaker 8: oh four nine point five four one five against the

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Speaker 8: Euro point four five five four pounds, the yen eighty

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Speaker 8: seven points sixty four gold twenty seven hundred and thirty

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Speaker 8: four dollars. Just off a little bit and break crud.

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Speaker 8: Some better news there because it had gone up a

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Speaker 8: bit over the holidays. Is now seventy six dollars and

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Speaker 8: eighty seven cents.

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Speaker 3: We'll take it. Good to catch up your rockstar. Andrew

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Speaker 3: Keller had jmiwealtha dot co, dot m Z, pascor Curan

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Speaker 3: Minister Louise Upston after this this digital nomad thing. But

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Speaker 3: United Airlines, for example first quarter adjusted ramping up the

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Speaker 3: competition with Delta. This is an America, of course, they're

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Speaker 3: after the high spending travelers. There's a pile of high

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Speaker 3: spending travelers. The stock is up more than one hundred

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Speaker 3: and eighty percent for the past twelve months, over fourteen

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Speaker 3: billion dollars worth of revenue. Their full twenty twenty five

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Speaker 3: year expects to grow adjusted innings how come here New

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Speaker 3: Zealand's not doing the same thing. How come our tourism

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Speaker 3: sector isn't where everybody else's is. Some questions to be

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Speaker 3: answered later six twenty one, Period News Talks.

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Speaker 2: FB, The Vike Asking Breakfast Full Show podcast on iHeartRadio

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Speaker 2: powered by News Talks FB.

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Speaker 3: Review user in morning, Mike, welcome back. Probably a week

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Speaker 3: or two too long, but well deserved. Regards retirement from

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Speaker 3: day one, Save Save, Save Safe, some more work hard,

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Speaker 3: stop whining, Thank you, Jill. We're talking about retirement. New

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Speaker 3: numbers out this morning. You need about half a million

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Speaker 3: or less, but we'll do that after seven o'clock. I

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Speaker 3: don't begrudt your eight weeks, Mike. You seem to be

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Speaker 3: in great form and recharge, which can only benefit the

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Speaker 3: listeners in Happy sixtieth Very kind. Isn't Chris Lux and

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Speaker 3: hamstrung Mike, but the partners that he's in government with

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Speaker 3: only to a degree.

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Speaker 1: How the hell do.

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Speaker 3: You think Lux and Mike can do anything when he's

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Speaker 3: got two festering pimples squeezing as every move. That's an excuse? Well,

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Speaker 3: he Mike, thank god you're back talking retirement. I was

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Speaker 3: promoted before Christmas at the ripe old age of sixty four.

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Speaker 3: Well done. When I doubt myself, your positivity gives me

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Speaker 3: the courage to carry on. Age means nothing. Passion, energy

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Speaker 3: and talent are everything.

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Speaker 12: Well see, it's a dial it back of people.

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Speaker 3: Come on six twenty five.

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Speaker 2: Now, Chemist Wells keeping Kiwi's healthy all.

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Speaker 3: Year Rount The White Lotus is back season three. Eight

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Speaker 3: we go. In the past hour and a half, have

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Speaker 3: either released I can't wag this out, have either released

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Speaker 3: an updated trailer, or re released the one that you've

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Speaker 3: probably already seen. Either way, it's sit in Thailand. If

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Speaker 3: you don't know, the wealthy is starting to lose their

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Speaker 3: fortunes as crime rises.

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Speaker 1: I hope you enjoy Thailand.

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Speaker 13: We usually go to the Caribbean.

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Speaker 1: What happens in thilst stays in Thailand? Or what does

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Speaker 1: that mean?

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Speaker 14: It means it will not dead yet everyone.

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Speaker 11: Tells me what a great man you are?

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Speaker 1: Or if we lost every day?

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Speaker 15: Honestly, I don't know if I'd want to live.

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Speaker 1: I just don't have it in me.

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Speaker 11: Someone likes to say.

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Speaker 16: Secret play.

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Speaker 6: Does no one want to start?

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Speaker 17: How big?

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Speaker 12: I go home?

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Speaker 13: Right?

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Speaker 1: And a goddamn bodybird?

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Speaker 3: Now one of the cast members survives. It's Natasha Rothwell,

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Speaker 3: she was in season one as Belo And to lindsay,

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Speaker 3: if that means anything to you, there is a very

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Speaker 3: big cast this time around, as there always is. Parker

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Speaker 3: Posey was the only name that I could find that

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Speaker 3: I knew. A couple of faces. I thought, have I

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Speaker 3: seen them before? Probably have? Anyway, it's not about the

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Speaker 3: stars Neon. Is that the only good show they've gone?

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Speaker 3: I think it's the only good show they've gone. It's

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Speaker 3: out on the seventeenth of February. But you won't be

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Speaker 3: able to get it if you.

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Speaker 12: Watch it from all the HBO ones and.

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Speaker 13: No you have.

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Speaker 3: If you're watching it through Sky, you won't be able

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Speaker 3: to get it, of course, because that satellite's gone wonky.

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Speaker 3: I was watching the football yesterday, the NFL and Fox.

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Speaker 3: If you ever watched the Fox feed on the NFL,

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Speaker 3: the sound is no good and I thought, is that Fox?

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Speaker 3: Or is that Sky? Is my satellite moving? What am

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Speaker 3: I going to do here? There's panic of foot in

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Speaker 3: the various households of the nation that deal with satellite

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Speaker 3: television and Sky. Anyway, that's for another day. Simley over

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Speaker 3: the holidays have done something remarkable. When we left they

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Speaker 3: were in trouble. It appears not so much anymore. More

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Speaker 3: on that for the news, which is next on the

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Speaker 3: Mike Hosking.

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Speaker 2: Breakfast, setting the agenda and talking the big issues. The

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Speaker 2: Mic Hosking Breakfast with the range Rover Villa designed to

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Speaker 2: intrigue and use Togsdad.

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Speaker 3: Be Willie, Mike, welcome back. Just a bit perplexed about

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Speaker 3: this morning six o'clock headline which said schools reported kids

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Speaker 3: turning up without shoes. How it's Tuesday, Yesterday was a

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Speaker 3: public holiday, today's the first day? Ah, yes, and no,

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Speaker 3: today was a public Yesterday was a public holiday only

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Speaker 3: in parts of the country. And also schools roll out

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Speaker 3: at different times of the year. Not all schools open

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Speaker 3: at the same time each year. Morning Mate. But you

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Speaker 3: make a good point, mortiing, Mike, why doesn't your newsroom

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Speaker 3: go find a teacher who thinks the rollout of structured

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Speaker 3: learning is a good thing, and they've had plenty of

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Speaker 3: time to do it. They're out there. We need to

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Speaker 3: turn the attitude around, look at the positive, not the negative.

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Speaker 3: I couldn't agree more. And my great hope were one

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Speaker 3: of my great hopes for this year is we spend

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Speaker 3: less time. The media spends less time with the tide boring,

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Speaker 3: myopic old press release stories that get rolled out the

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Speaker 3: same time each and every year. Twenty three minutes away

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Speaker 3: from seven now, Captaine Field. As in France, the Germans

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Speaker 3: got an interesting elect so Schultz is going to be out.

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Speaker 3: There's nothing sure as the world turns to the right,

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Speaker 3: of course, and then there's the Trump factor. So we'll

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Speaker 3: look at that from a European perspective with Captain Shorty. Meantime,

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Speaker 3: back here, if I got good news for you from

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Speaker 3: the land, sin Lay tells us the bounce back is

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Speaker 3: on you remember last year there was the debt, the boat,

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Speaker 3: the battle for survival. Now profitability is forecast for the

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Speaker 3: first half result in March its share prices up thirty

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Speaker 3: five percent since Friday. The sin Lay's acting CEO, Tim

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Speaker 3: Carter's with us.

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Speaker 18: Tim, very good morning to you, Yeah, welcome, good have

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Speaker 18: for here, mikeel and.

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Speaker 3: It is for you clearly a happy new year.

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Speaker 18: Yeah, yeah, it is good news. It was good news

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Speaker 18: and in particular really good news to be able to

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Speaker 18: go and talk to our farmers that you know, I

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Speaker 18: turn around is on track and yeah, half your guidance

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Speaker 18: is positive, but I think the big message your se Michael,

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Speaker 18: is they still work too. We're not jumping from the

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Speaker 18: rooftop you think.

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Speaker 3: Are something specific or are you're riding dairy in the

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Speaker 3: auction prices.

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Speaker 11: Generally, No, we look very much.

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Speaker 18: We're very targeted on what we're doing. We've used data,

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Speaker 18: I guess they're really tell us where opportunities lie in

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Speaker 18: the business, and you can see that through through the release.

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Speaker 18: You know, new business development is starting to show the

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Speaker 18: return that the work that's gone in so in advanced nutrition,

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Speaker 18: we've brought on new multinational customers ceiling in the infant

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Speaker 18: base powder sector, Mike, which has been really pleasing, and

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Speaker 18: that's for demand up into Southeast Asia and China in particular.

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Speaker 18: You're right in terms of our strong performance in our

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Speaker 18: ingredients business. You know, we've been really up to focus

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Speaker 18: on that optimized product mix. The demand that's been out

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Speaker 18: there globally, coupled with that exchange rate.

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Speaker 3: You need to sorry carry out and so you need.

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Speaker 18: To manage that daily. That's been very specific, and then

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Speaker 18: the good old cost control. Like you know, we've really

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Speaker 18: been ruthless going through the business and making sure we're right,

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Speaker 18: sizing the business in the right areas, you know, consulting

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Speaker 18: spin has been reduced, and then optimizing ceiling in our

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Speaker 18: asset manufacturing footprint.

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Speaker 15: Good.

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Speaker 3: What role does China play and are you bullish on them?

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Speaker 18: Look, China's China. There are significant marks. They always play

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Speaker 18: an important role. I think we're still uncertainly in China.

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Speaker 18: You know, are they and are they are just seeing

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Speaker 18: birth rates come back, but you know, interesting enough, birth

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Speaker 18: rates weren't quite in the lows that was predicted, so

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Speaker 18: I guess that's a that's a promising point. You'll see

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Speaker 18: GDT for the last quarter, sorry GDTs. GDP for the

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Speaker 18: last quarter was better than expected, So it's there. I

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Speaker 18: think everyone's sitting and watching and hopefully that comes back

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Speaker 18: in and they will continue to drive some grow fantastic.

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Speaker 3: I'm stoke for you, Tim, Well done. Tim Carter, who's

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Speaker 3: the sin Lay acting CEO, twenty minutes away from sevens

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Speaker 3: and important, was there last week and didn't even snow

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Speaker 3: that much as far as I could work out. But

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Speaker 3: risk specialists have identified this is for all of us,

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Speaker 3: for the armed conflict, extreme weather disinformation as top global risks.

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Speaker 3: Twenty three percent of the Global Risks report Armed conflict

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Speaker 3: most pressing, followed by environmental concerns. Well, it's in a

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Speaker 3: dire state. But Milay, who was there, I think all

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Speaker 3: beamed in, said a global hedge Mini, which is a

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Speaker 3: brilliant word, hedge Mini of left wing ideology is starting

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Speaker 3: to crumble, and I think on that he's probably right.

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Speaker 3: Nineteen away from seven, the.

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Speaker 2: Mike Hosking Breakfast Full Show podcast on iHeartRadio powered by

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Speaker 2: News talksp.

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Speaker 3: To mention the consultant costs a couple of moments ago

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Speaker 3: for Sinlay, I've got consultant cost news for you that

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Speaker 3: we're all paying for. In a moment, Mike, you mentioned

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Speaker 3: earlier Naru and China wrong, it's Kirabas and China. John,

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Speaker 3: You're wrong, but we're tied up. So Naru is a

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Speaker 3: problem and Kirabas is a problem. Kirabas is specifically a

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Speaker 3: problem because Peter's was going to as in Winston meet

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Speaker 3: the President. President's no longer available. There's a tie up

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Speaker 3: with China there. We're a little bit worried about that.

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Speaker 3: We'll ask the Prime Minister about that. So we've suspended

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Speaker 3: or look at suspending our aid. In a very trumpesque

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Speaker 3: sort of mood. Naru is in play as well, because yesterday,

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Speaker 3: and this is what I was referring to, the Foreign

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Speaker 3: Minister said, Naru and China have taken their bilateral ties

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Speaker 3: to new heights. This was marking the one year anniversary

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Speaker 3: of the resumption of diplomatic relations. So if you don't

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Speaker 3: think China is alive end well in operating big time

434
00:20:08,280 --> 00:20:11,240
Speaker 3: in the Pacific, you're asleep at the wheel. So that's

435
00:20:11,280 --> 00:20:12,520
Speaker 3: going to be one of the issues of the year

436
00:20:12,560 --> 00:20:12,840
Speaker 3: as well.

437
00:20:12,880 --> 00:20:17,680
Speaker 17: Sixteen two International Correspondence with ends and eye insurance, Peace

438
00:20:17,680 --> 00:20:19,520
Speaker 17: of mind for New Zealand business.

439
00:20:19,280 --> 00:20:21,360
Speaker 3: In two pounds ago, Catherine, very good morning to you,

440
00:20:21,960 --> 00:20:24,560
Speaker 3: Good morning Mike, Welcome back, and a happy new Year

441
00:20:24,600 --> 00:20:27,400
Speaker 3: to you. Now Germany, I'm assuming Schultz has gone Musk

442
00:20:27,560 --> 00:20:30,919
Speaker 3: is in play, the afdre in play. Is he broadly

443
00:20:31,480 --> 00:20:33,639
Speaker 3: every time he talks about it publicly having an effect

444
00:20:33,760 --> 00:20:35,960
Speaker 3: or not, It would.

445
00:20:35,760 --> 00:20:38,920
Speaker 19: Seem there are concerns that he has have had an effect.

446
00:20:39,119 --> 00:20:41,840
Speaker 19: I mean, just over the weekend, even though we saw

447
00:20:41,920 --> 00:20:46,639
Speaker 19: those huge rallies thirty five thousand people in Berlin rallying

448
00:20:46,720 --> 00:20:51,120
Speaker 19: against Musk getting involved in the elections. Also rallies and Cologne.

449
00:20:51,520 --> 00:20:54,240
Speaker 19: At the same time, we then saw Musk being live

450
00:20:54,320 --> 00:21:00,480
Speaker 19: streamed into an AfD far right rally campaign headquarters opening

451
00:21:01,119 --> 00:21:04,399
Speaker 19: in the eastern German city of Halla. So it looks

452
00:21:04,440 --> 00:21:06,720
Speaker 19: as though he could be having an effect, and I

453
00:21:06,840 --> 00:21:09,040
Speaker 19: think that effect comes from the fact that a lot

454
00:21:09,119 --> 00:21:14,880
Speaker 19: of what he's doing gets rebroadcast on his social media network,

455
00:21:15,240 --> 00:21:18,080
Speaker 19: which of course has a far greater reach than any

456
00:21:18,119 --> 00:21:20,640
Speaker 19: of the German TV and radio stations, and of course

457
00:21:20,680 --> 00:21:23,320
Speaker 19: the newspapers. So when we look at the sort of

458
00:21:23,320 --> 00:21:26,080
Speaker 19: effect he might be having, I think what it could

459
00:21:26,160 --> 00:21:29,480
Speaker 19: be like Over the weekend, the leader of the center

460
00:21:29,600 --> 00:21:33,760
Speaker 19: right CDU in Germany, which has looks as it will

461
00:21:33,800 --> 00:21:36,639
Speaker 19: get the major share or the largest share of the

462
00:21:36,720 --> 00:21:40,240
Speaker 19: vote next month's elections, he actually said that he was

463
00:21:40,280 --> 00:21:43,960
Speaker 19: prepared to accept far right support as part of a

464
00:21:44,000 --> 00:21:46,160
Speaker 19: campaign that he wants to put in place to correct

465
00:21:46,160 --> 00:21:48,720
Speaker 19: down our migrants. Now this has really got if I'm

466
00:21:48,720 --> 00:21:52,360
Speaker 19: worried because there had been the sort of firewall accord

467
00:21:52,440 --> 00:21:55,879
Speaker 19: on Sanitaire. If you like that, there'll be no acceptance

468
00:21:55,920 --> 00:22:00,520
Speaker 19: of any far right votes to pass legislation and parliament. Matt's,

469
00:22:00,520 --> 00:22:04,720
Speaker 19: head of the CDU says, look the electric electorate really

470
00:22:04,800 --> 00:22:08,359
Speaker 19: wants some sort of new policy, new laws on migration,

471
00:22:08,760 --> 00:22:10,719
Speaker 19: and he said that the electric would be happy if

472
00:22:10,720 --> 00:22:11,119
Speaker 19: he did this.

473
00:22:11,359 --> 00:22:13,880
Speaker 3: You know, that's that's sort of answered my next question

474
00:22:13,880 --> 00:22:16,640
Speaker 3: because you look at the Lapeine scenario in your country,

475
00:22:16,640 --> 00:22:18,040
Speaker 3: and you know, it's all very well to do well

476
00:22:18,040 --> 00:22:19,600
Speaker 3: in an election, but if no one wants to work

477
00:22:19,640 --> 00:22:22,480
Speaker 3: with you, Ben Holland was another example, of course, so

478
00:22:22,600 --> 00:22:26,000
Speaker 3: it's possible that the IFD are going to have some

479
00:22:26,040 --> 00:22:26,800
Speaker 3: real influence.

480
00:22:27,040 --> 00:22:30,840
Speaker 19: You're suggested, well, let's see you again. Germany is one

481
00:22:30,880 --> 00:22:34,960
Speaker 19: of these countries where coalitions are all built and discussed,

482
00:22:34,960 --> 00:22:38,080
Speaker 19: and we might not have a government in Germany until May,

483
00:22:38,680 --> 00:22:41,320
Speaker 19: but certainly they do seem to be doing well at

484
00:22:41,320 --> 00:22:43,679
Speaker 19: the moment. There is scheduled to get what twenty percent

485
00:22:43,720 --> 00:22:46,560
Speaker 19: of the vote. Even if they don't get the numbers

486
00:22:46,560 --> 00:22:49,480
Speaker 19: in parliament right, they will be a force that has

487
00:22:49,480 --> 00:22:52,000
Speaker 19: to be listened to because they just seem to have

488
00:22:52,160 --> 00:22:58,119
Speaker 19: tapped into that stream of consciousness about mixing up the economy,

489
00:22:58,200 --> 00:23:01,439
Speaker 19: the economic downturn and the cost of the country of

490
00:23:01,520 --> 00:23:04,040
Speaker 19: looking after all these migrants that have been coming into

491
00:23:04,080 --> 00:23:04,600
Speaker 19: the country.

492
00:23:04,720 --> 00:23:06,720
Speaker 3: Now, I was mentioning Darbos a moment ago, so Trump

493
00:23:06,760 --> 00:23:08,680
Speaker 3: speaking and watching Trump last week speak to the people

494
00:23:08,680 --> 00:23:11,080
Speaker 3: of Darabos, he's talking about NATO as well, two percent

495
00:23:11,160 --> 00:23:13,560
Speaker 3: versus five percent, and people paying their way and come

496
00:23:13,600 --> 00:23:15,280
Speaker 3: and building America. And if you want to build, will

497
00:23:15,280 --> 00:23:17,000
Speaker 3: give you the lawest Texas. If you don't, will terrif

498
00:23:17,040 --> 00:23:19,000
Speaker 3: you to death, what are you makable?

499
00:23:20,440 --> 00:23:21,560
Speaker 1: Well, there's two.

500
00:23:22,840 --> 00:23:26,000
Speaker 19: Obviously very different strands of thought going on in Europe.

501
00:23:26,320 --> 00:23:28,520
Speaker 19: On the one sign age, you've got that chart and

502
00:23:28,600 --> 00:23:31,679
Speaker 19: stick approach, Mike, You've got people like the French Prime

503
00:23:31,680 --> 00:23:36,120
Speaker 19: Minister Planswa Bayu saying watch out, the US is now

504
00:23:36,160 --> 00:23:39,280
Speaker 19: going for sort of power and domination along the lines

505
00:23:39,320 --> 00:23:43,120
Speaker 19: that Russia and China have been going on talking about

506
00:23:43,160 --> 00:23:48,080
Speaker 19: how America is using this monetary offensive to really take

507
00:23:48,160 --> 00:23:51,879
Speaker 19: over parts of European economy and to force changes in

508
00:23:51,920 --> 00:23:55,440
Speaker 19: the way that Europe does business. So we're also seeing

509
00:23:55,480 --> 00:23:57,960
Speaker 19: at the same time the sort of the good cop

510
00:23:58,000 --> 00:24:01,399
Speaker 19: where we've seen the EU Vandali and saying that the

511
00:24:01,440 --> 00:24:04,879
Speaker 19: EUS should be ready to engage with Trumps, should seek

512
00:24:04,880 --> 00:24:10,000
Speaker 19: common interest, be ready to negotiate, but protect Europe's interests.

513
00:24:10,040 --> 00:24:10,800
Speaker 13: So I think at the.

514
00:24:10,840 --> 00:24:13,800
Speaker 19: Moment they're all feeling around trying to play a good

515
00:24:13,800 --> 00:24:15,840
Speaker 19: cop bad cop and not sure where it's all going

516
00:24:15,920 --> 00:24:16,400
Speaker 19: to end up.

517
00:24:16,720 --> 00:24:18,720
Speaker 3: All right, quick word on Nie. So there are another

518
00:24:18,720 --> 00:24:21,120
Speaker 3: one after Venus, of course. So we've got the cruise ships.

519
00:24:21,240 --> 00:24:24,280
Speaker 3: Is there a general what's the vibe on cruise ships?

520
00:24:24,280 --> 00:24:25,840
Speaker 3: You know, one hand, we in this country love them

521
00:24:25,880 --> 00:24:27,800
Speaker 3: because there are half billion dollar industry, but then we

522
00:24:27,840 --> 00:24:29,960
Speaker 3: hate them because they're environmental problems. And of course you've

523
00:24:29,960 --> 00:24:33,840
Speaker 3: got places like Venison. Now nice, Well, what the mayor.

524
00:24:33,600 --> 00:24:36,280
Speaker 19: Of News has said is from this year on, only

525
00:24:36,440 --> 00:24:39,280
Speaker 19: these smaller ships will be allowed, and that's any of

526
00:24:39,320 --> 00:24:42,280
Speaker 19: those under one hundred and ninety meters long and those

527
00:24:42,440 --> 00:24:45,440
Speaker 19: less than nine hundred passengers. What he really wants, Mike,

528
00:24:45,760 --> 00:24:49,320
Speaker 19: are these smaller ultra luxury ships, the ones that come

529
00:24:49,359 --> 00:24:52,000
Speaker 19: in and really spend money. When you look at the

530
00:24:52,040 --> 00:24:54,880
Speaker 19: figures cruise ship passengers say, for example, when they come

531
00:24:54,920 --> 00:24:58,240
Speaker 19: ashore in Marseille, they spend around one hundred and five

532
00:24:58,320 --> 00:25:01,520
Speaker 19: New Zealand dollars a day. Non cruise ship passengers spend

533
00:25:01,520 --> 00:25:04,280
Speaker 19: around two hundred and forty New Zealand dollars a day.

534
00:25:04,640 --> 00:25:06,719
Speaker 19: So what they're saying is, listen, the people who are

535
00:25:06,720 --> 00:25:08,720
Speaker 19: on cruise ships, they go back to the ship to

536
00:25:08,800 --> 00:25:10,960
Speaker 19: have dinner, to have their drinks because they're in an

537
00:25:10,960 --> 00:25:14,879
Speaker 19: all inclusive packet, whereas if you don't come on a

538
00:25:14,920 --> 00:25:17,439
Speaker 19: cruise ship, if you rock harp, you stay at a hotel,

539
00:25:17,520 --> 00:25:19,560
Speaker 19: you go to a local restaurant, then you're actually going

540
00:25:19,600 --> 00:25:21,440
Speaker 19: to be putting money into the local economy.

541
00:25:21,560 --> 00:25:23,480
Speaker 3: Good stuff. I've missed the sound of you boys, Catherine

542
00:25:23,480 --> 00:25:25,600
Speaker 3: will catch up again the next Tuesday. Appreciate very much.

543
00:25:25,640 --> 00:25:28,960
Speaker 3: Captor in the field in France each and every Tuesday morning,

544
00:25:29,000 --> 00:25:30,160
Speaker 3: just by the way in that part of the world,

545
00:25:30,160 --> 00:25:33,720
Speaker 3: if you missed it. Lukashenko got up. Not surprisingly, there

546
00:25:33,720 --> 00:25:37,400
Speaker 3: were four people in Belorussia that were running against them,

547
00:25:37,800 --> 00:25:39,880
Speaker 3: which was surprising because I thought most of them were

548
00:25:39,880 --> 00:25:42,480
Speaker 3: in jail because last time people took the street and

549
00:25:42,480 --> 00:25:44,119
Speaker 3: he doesn't like taking to the streets. So there was

550
00:25:44,240 --> 00:25:47,399
Speaker 3: an election of sorts, but he managed to collect eighty

551
00:25:47,440 --> 00:25:49,800
Speaker 3: eight percent of the vote. So Europe's last dictator is

552
00:25:49,800 --> 00:25:51,760
Speaker 3: going to see I think it's a seventh term's up

553
00:25:51,760 --> 00:25:53,480
Speaker 3: to now. Turn away from seven.

554
00:25:53,840 --> 00:25:57,639
Speaker 2: The my Casking breakfast with Bailey's real estate news togs.

555
00:25:57,640 --> 00:25:59,600
Speaker 3: They'd be speaking of elections as I was in my

556
00:25:59,600 --> 00:26:01,320
Speaker 3: moming to get so Africa. This year's a big year

557
00:26:01,320 --> 00:26:03,000
Speaker 3: for elections. Not as big as last year, but this

558
00:26:03,080 --> 00:26:06,399
Speaker 3: year's big. They've got some presidentials in Cameroon later on

559
00:26:06,400 --> 00:26:08,280
Speaker 3: this year. The guy who runs cameraon the Only reason

560
00:26:08,280 --> 00:26:09,880
Speaker 3: I mentioned that is he's been running the place ince

561
00:26:09,880 --> 00:26:13,120
Speaker 3: eighty two, so he's ninety two years old and he's

562
00:26:13,240 --> 00:26:16,679
Speaker 3: going for another term. The Chamber half the Chamber of

563
00:26:16,680 --> 00:26:19,600
Speaker 3: Deputies in Argentina, which is an interesting place these days,

564
00:26:19,600 --> 00:26:22,680
Speaker 3: a third of the Senate given Malay. Of course they're

565
00:26:22,760 --> 00:26:26,440
Speaker 3: up for re election this year. Trudeau's gone, so he's

566
00:26:26,480 --> 00:26:29,919
Speaker 3: got some federal elections coming up in October, so their toast.

567
00:26:31,359 --> 00:26:34,480
Speaker 3: The Philippine House of Reps. The Senate elections are scheduled

568
00:26:34,480 --> 00:26:37,200
Speaker 3: for May. In Europe, we mentioned the Germans. They'll get

569
00:26:37,280 --> 00:26:39,919
Speaker 3: rolled badly. Angela Merkley kept out, how many times have

570
00:26:39,920 --> 00:26:41,639
Speaker 3: I said alow of the last couple of years, Remember

571
00:26:41,640 --> 00:26:44,080
Speaker 3: that several years ago, Severil summers ago, European summers ago.

572
00:26:44,160 --> 00:26:46,760
Speaker 3: She goes, we were all immigrants once. Then she let

573
00:26:46,800 --> 00:26:48,720
Speaker 3: a million people into the country and everyone went, are

574
00:26:48,800 --> 00:26:51,320
Speaker 3: you mental? And that was the end of it. And

575
00:26:51,359 --> 00:26:54,280
Speaker 3: then of course they all went left and Schulzoner's clowns

576
00:26:54,520 --> 00:26:56,399
Speaker 3: started running the place until they didn't and they were

577
00:26:56,440 --> 00:26:59,200
Speaker 3: about to be booted out. Poland presidential election in May.

578
00:27:00,119 --> 00:27:04,080
Speaker 3: Ones of course, Australia, which I'm particularly excited about because

579
00:27:04,119 --> 00:27:08,560
Speaker 3: it's there is a very very realistic prospect that Albanizi

580
00:27:08,640 --> 00:27:10,560
Speaker 3: is going to be the first prime minister in one

581
00:27:10,680 --> 00:27:14,760
Speaker 3: hundred years not to get two terms. Generally speaking in

582
00:27:14,760 --> 00:27:17,359
Speaker 3: Australia and indeed this country. It hasn't happened for fifty

583
00:27:17,400 --> 00:27:20,040
Speaker 3: years in this country, but since one hundred years in Australia.

584
00:27:20,080 --> 00:27:22,160
Speaker 3: If you get one term, you get two before they

585
00:27:22,160 --> 00:27:23,720
Speaker 3: decide they don't like you and boot you out. But

586
00:27:24,000 --> 00:27:28,440
Speaker 3: if you looked at yesterday's poll, two party preferred and

587
00:27:28,960 --> 00:27:33,120
Speaker 3: head to head, the coalition lead and by an increasing amount.

588
00:27:33,440 --> 00:27:36,359
Speaker 3: And Albanizi, as our old friend Murray Olds says, is

589
00:27:36,359 --> 00:27:38,080
Speaker 3: a bit on the nose. So we'll watch that with

590
00:27:38,080 --> 00:27:40,200
Speaker 3: a great deal of entry. Five minutes away from seven.

591
00:27:41,119 --> 00:27:42,440
Speaker 1: The ins and the Ouse.

592
00:27:42,760 --> 00:27:46,880
Speaker 2: It's the fizz with business fiber take your business productivity

593
00:27:46,920 --> 00:27:47,840
Speaker 2: to the next level.

594
00:27:48,000 --> 00:27:50,000
Speaker 3: I mentioned consultants a moment ago, so here we are.

595
00:27:50,400 --> 00:27:53,840
Speaker 3: This is Health New Zealand. The Consultants' Bill is up

596
00:27:54,040 --> 00:27:56,480
Speaker 3: by twenty percent in the year to June twenty twenty four,

597
00:27:56,920 --> 00:28:01,200
Speaker 3: so we probably can't blame Levy, Yet we could probably

598
00:28:01,240 --> 00:28:03,680
Speaker 3: blame Marjori Appa. Why is she still in a job?

599
00:28:03,880 --> 00:28:05,720
Speaker 3: You asked that question over the holidays. I was reading

600
00:28:05,720 --> 00:28:08,960
Speaker 3: something the other day Levy said he doesn't have any

601
00:28:08,960 --> 00:28:11,520
Speaker 3: confidence in Marjorie Appa. Why is she still in the job.

602
00:28:11,840 --> 00:28:13,399
Speaker 3: Why hasn't he got rid of her? Why hasn't the

603
00:28:13,440 --> 00:28:17,000
Speaker 3: executive ordered her out? For goodness sake, one hundred and

604
00:28:17,000 --> 00:28:20,679
Speaker 3: twenty million dollars on consultants in the Health Department. Government promise,

605
00:28:20,760 --> 00:28:23,480
Speaker 3: of course, to drop health agencies contract to spin, but

606
00:28:23,800 --> 00:28:28,960
Speaker 3: Deloitte pw C, e Y KPMG eighty million dollars in contracts,

607
00:28:29,000 --> 00:28:31,439
Speaker 3: up from seventy million, so they're creaming at ey biggest

608
00:28:31,440 --> 00:28:34,120
Speaker 3: of the movers, more than doubling their previous billing. Health

609
00:28:34,200 --> 00:28:36,679
Speaker 3: New Zealand defend it by saying there's been a sixty

610
00:28:36,760 --> 00:28:39,120
Speaker 3: nine percent drop in operational spend on consultants for Q

611
00:28:39,200 --> 00:28:40,880
Speaker 3: one of twenty four to twenty five compared with Q

612
00:28:40,960 --> 00:28:44,320
Speaker 3: one last year. Deloitte thirty eight million, down from forty

613
00:28:44,320 --> 00:28:49,080
Speaker 3: three e y eighteen, up from seven PwC fourteen up

614
00:28:49,080 --> 00:28:53,400
Speaker 3: from nine and KPMG nine up a little bit from

615
00:28:53,400 --> 00:28:56,960
Speaker 3: eight point seven. So let's give them to the calendar year,

616
00:28:57,600 --> 00:28:59,800
Speaker 3: because as I say, mid twenty twenty four is just

617
00:28:59,800 --> 00:29:03,000
Speaker 3: the rival at Leeby and he's got a nightmare on

618
00:29:03,040 --> 00:29:05,480
Speaker 3: his hands. But it's hard work, which is why, of

619
00:29:05,480 --> 00:29:07,600
Speaker 3: course Retty got rolled the other day. Because the thing

620
00:29:07,600 --> 00:29:10,920
Speaker 3: about health, it's never any better. I don't know if

621
00:29:10,920 --> 00:29:13,120
Speaker 3: you remember this, so you remember Tony Ryle. Tony Ryle

622
00:29:13,200 --> 00:29:15,920
Speaker 3: was a very good health minister because he got health

623
00:29:16,080 --> 00:29:18,960
Speaker 3: out of the headlines. Nothing changed. You still had the

624
00:29:19,000 --> 00:29:20,760
Speaker 3: cues and the accident of emergency, but he got it

625
00:29:20,800 --> 00:29:23,240
Speaker 3: out of the headlines. And that's critical government in this year,

626
00:29:23,680 --> 00:29:27,440
Speaker 3: this year of decision I think twenty twenty five broadly speaking,

627
00:29:27,600 --> 00:29:30,400
Speaker 3: is a rough build up to year of decision making

628
00:29:30,440 --> 00:29:32,280
Speaker 3: as we head into election year in twenty twenty six.

629
00:29:32,280 --> 00:29:33,800
Speaker 3: In other words, do we think these guys know what

630
00:29:33,800 --> 00:29:36,640
Speaker 3: they're doing? And my assessment at this particular point in

631
00:29:36,680 --> 00:29:39,640
Speaker 3: time as they don't. They speak a good game, but

632
00:29:39,800 --> 00:29:41,200
Speaker 3: we need some runs on the board and that's what

633
00:29:41,240 --> 00:29:43,480
Speaker 3: I'll be talking to Christopher Luxan about anyway. So Tony

634
00:29:43,560 --> 00:29:47,280
Speaker 3: Ryle gets the Health out of the headlines. Retty couldn't

635
00:29:47,280 --> 00:29:50,520
Speaker 3: do it, and so now we've got a new boom

636
00:29:50,520 --> 00:29:52,440
Speaker 3: in to our mind. You're singing Brown, the new health minister.

637
00:29:52,480 --> 00:29:54,000
Speaker 3: He said he was getting rid of the road cones

638
00:29:54,000 --> 00:29:55,520
Speaker 3: and my road north was going to be one hundred

639
00:29:55,520 --> 00:29:58,160
Speaker 3: and twenty k's as that happened, No, it hasn't. More

640
00:29:58,160 --> 00:29:59,840
Speaker 3: from Christopher Luxon after seven.

641
00:29:59,720 --> 00:30:05,360
Speaker 2: Thirty The Breakfast Show, Kiwi's Trust to Stay in the Know,

642
00:30:05,840 --> 00:30:10,040
Speaker 2: The Mike Hosking Breakfast with Bailey's Real Estate Finding the buyers,

643
00:30:10,120 --> 00:30:11,600
Speaker 2: others cards use togs V.

644
00:30:11,800 --> 00:30:14,440
Speaker 3: Morning seven past seven. More changes to our visa settings.

645
00:30:14,440 --> 00:30:16,360
Speaker 3: We're now after the digital nomad. There's going to be

646
00:30:16,400 --> 00:30:18,680
Speaker 3: a relaxation of requirements which means you can visit and

647
00:30:18,720 --> 00:30:20,800
Speaker 3: work more easily to as a minister. Louise Upstoon with

648
00:30:20,880 --> 00:30:21,600
Speaker 3: us morning.

649
00:30:22,520 --> 00:30:24,240
Speaker 15: Good morning, Mike ky going very.

650
00:30:24,080 --> 00:30:26,080
Speaker 3: Well, Thank you great ideas. Should have done it a

651
00:30:26,160 --> 00:30:28,840
Speaker 3: year ago. Why didn't we Well.

652
00:30:28,640 --> 00:30:30,480
Speaker 15: There are a few other priorities that had to be

653
00:30:30,520 --> 00:30:33,440
Speaker 15: done in immigration, but look, I'm really excited. This is

654
00:30:33,480 --> 00:30:36,960
Speaker 15: a very clear signal to those considering coming to New

655
00:30:37,080 --> 00:30:40,320
Speaker 15: Zealand that New Zealand's open for business and we welcome

656
00:30:40,320 --> 00:30:43,920
Speaker 15: them with open arms. Digital nomads can come and work

657
00:30:43,960 --> 00:30:46,480
Speaker 15: in New Zealand and travel around on a staycation for

658
00:30:46,560 --> 00:30:47,440
Speaker 15: up to nine months.

659
00:30:47,440 --> 00:30:49,920
Speaker 3: Fantastic. Lots of other countries have already done it. Are

660
00:30:49,920 --> 00:30:53,360
Speaker 3: we a bit late to the you know, to the

661
00:30:53,400 --> 00:30:55,040
Speaker 3: fund later they're coming here?

662
00:30:55,960 --> 00:30:58,200
Speaker 15: Well, yeah, later than other countries. But look, the main

663
00:30:58,240 --> 00:31:01,680
Speaker 15: thing is we are very clear we are open for business.

664
00:31:01,960 --> 00:31:05,480
Speaker 15: We've got more work to do. We absolutely need to

665
00:31:05,520 --> 00:31:08,200
Speaker 15: attract more visitors back. We are a long way away

666
00:31:08,200 --> 00:31:11,080
Speaker 15: from where we were in twenty nineteen and we've got

667
00:31:11,080 --> 00:31:11,520
Speaker 15: more to do.

668
00:31:12,160 --> 00:31:14,600
Speaker 3: Was Matt Ducie asleep at the wheel in his portfolio?

669
00:31:16,200 --> 00:31:16,640
Speaker 1: Not at all.

670
00:31:16,760 --> 00:31:19,800
Speaker 15: Look, you know the Prime ministers started the year really clearly.

671
00:31:19,960 --> 00:31:22,640
Speaker 15: Economic growth is the name of the gay. I'm really

672
00:31:22,680 --> 00:31:28,520
Speaker 15: excited about the opportunity to promote New Zealand to international visitors.

673
00:31:28,800 --> 00:31:33,560
Speaker 15: If you think about any cafe, restaurant, hotel, there's capacity,

674
00:31:33,840 --> 00:31:36,560
Speaker 15: they want customers and it's our job to go and

675
00:31:36,560 --> 00:31:36,920
Speaker 15: get them.

676
00:31:36,960 --> 00:31:38,720
Speaker 3: And I've been binging on about this for two years

677
00:31:38,720 --> 00:31:40,600
Speaker 3: and no one seems to be listening. So I read

678
00:31:40,680 --> 00:31:45,480
Speaker 3: just yesterday Fiji record year, Raratonga record year. New Zealand

679
00:31:45,600 --> 00:31:46,840
Speaker 3: stuck at eighty five percent.

680
00:31:47,040 --> 00:31:49,120
Speaker 1: Why yep.

681
00:31:49,280 --> 00:31:51,840
Speaker 15: So, as I said, we've got work to do. We

682
00:31:51,920 --> 00:31:54,920
Speaker 15: could go over all of the reasons. Why my focus

683
00:31:55,000 --> 00:31:57,920
Speaker 15: is on what we do next. Some countries are saying

684
00:31:58,040 --> 00:32:03,640
Speaker 15: that the visa process is still too difficult, and so

685
00:32:04,120 --> 00:32:06,680
Speaker 15: one of the first actions is to look at what

686
00:32:06,720 --> 00:32:09,959
Speaker 15: can we do around the visa system. The time frames

687
00:32:09,960 --> 00:32:13,600
Speaker 15: have improved, but people want certainty. They want to know

688
00:32:13,720 --> 00:32:17,000
Speaker 15: if they apply to come to visit New Zealand, here's

689
00:32:17,000 --> 00:32:20,760
Speaker 15: a reasonable chance that we'll say yes to them, and

690
00:32:20,800 --> 00:32:23,120
Speaker 15: that's of course going to be balanced by risk. But

691
00:32:23,160 --> 00:32:26,360
Speaker 15: if you look at Australia for example, it's really easy

692
00:32:26,360 --> 00:32:28,520
Speaker 15: for Australians to jump on a plane and hop across

693
00:32:28,560 --> 00:32:32,800
Speaker 15: the ditch. So an immediate focus for me and I've

694
00:32:32,800 --> 00:32:35,200
Speaker 15: been talking to the industry when I met with many

695
00:32:35,200 --> 00:32:38,080
Speaker 15: other leaders on Friday. Job number one is get more

696
00:32:38,080 --> 00:32:39,040
Speaker 15: Australians to visit.

697
00:32:39,280 --> 00:32:41,080
Speaker 3: Good stuff. Well, I wish you nothing but the best

698
00:32:41,080 --> 00:32:42,960
Speaker 3: with us, and we'll check in on a regular basis.

699
00:32:42,960 --> 00:32:45,000
Speaker 3: Arounte the year. Appreciate your time as always, Louise Upston,

700
00:32:45,000 --> 00:32:48,000
Speaker 3: who's the tourist minister? Namen it's past seven pask if

701
00:32:48,040 --> 00:32:50,000
Speaker 3: you ever doubted Trump and his tar of tactics have

702
00:32:50,080 --> 00:32:53,000
Speaker 3: a word with Columbia. They wouldn't let a plane land yesterday.

703
00:32:53,040 --> 00:32:55,000
Speaker 3: So tariffs twenty five percent and they were going to

704
00:32:55,040 --> 00:32:57,920
Speaker 3: fifty percent in a week. There were finance crackdowns, blockades

705
00:32:57,920 --> 00:32:59,640
Speaker 3: all over the place on travel whether now is the

706
00:32:59,640 --> 00:33:02,560
Speaker 3: president of Columbia of course buckled. So the future of

707
00:33:02,600 --> 00:33:05,560
Speaker 3: tariff's under Trump with the New Zealand International Business Forum

708
00:33:05,560 --> 00:33:08,440
Speaker 3: Executive Director Stephen Jacoby, Stephen, good morning.

709
00:33:08,960 --> 00:33:10,680
Speaker 16: Good morning, make nice to talk to you.

710
00:33:10,480 --> 00:33:13,440
Speaker 3: And Columbia was a weird one because of course, you know,

711
00:33:13,520 --> 00:33:15,040
Speaker 3: the border and all of that sort of stuff, and

712
00:33:15,040 --> 00:33:16,920
Speaker 3: we won't have to deal with it. Do we should

713
00:33:16,960 --> 00:33:18,840
Speaker 3: we be worried about what he's doing and what he

714
00:33:18,880 --> 00:33:19,840
Speaker 3: looks like he's going to do.

715
00:33:20,720 --> 00:33:20,840
Speaker 13: Well.

716
00:33:20,880 --> 00:33:23,840
Speaker 16: I do think that, you know, Trump's sort of bo

717
00:33:24,680 --> 00:33:28,560
Speaker 16: tariff policy does cause you know, considerable anxiety for New Zealand,

718
00:33:28,600 --> 00:33:30,640
Speaker 16: as it does with people around the world. But he's

719
00:33:30,680 --> 00:33:33,240
Speaker 16: taking it bit of time actually to get really moving

720
00:33:33,320 --> 00:33:35,560
Speaker 16: on the substandard part of his agenda.

721
00:33:35,960 --> 00:33:37,560
Speaker 3: Yeah, I noticed the other day didn't have a number

722
00:33:37,600 --> 00:33:40,480
Speaker 3: for Canada, So is this negotiating Let's say twenty five

723
00:33:40,600 --> 00:33:43,440
Speaker 3: start there and end up at ten or something like that.

724
00:33:44,520 --> 00:33:47,040
Speaker 16: Well, you know, who knows what the numbers it will

725
00:33:47,040 --> 00:33:48,960
Speaker 16: be at the end of the day. But what he's

726
00:33:48,960 --> 00:33:51,080
Speaker 16: doing at the moment, he has commissioned that. He did

727
00:33:51,080 --> 00:33:53,360
Speaker 16: that on his th this day in office. He commissioned

728
00:33:53,400 --> 00:33:56,280
Speaker 16: a quite a wide ranging review of US trade policy

729
00:33:56,520 --> 00:33:59,320
Speaker 16: across a number of different areas. And that review has

730
00:33:59,320 --> 00:34:01,640
Speaker 16: to come back to them first of April. Kind of

731
00:34:01,640 --> 00:34:04,880
Speaker 16: a significant date when you think about it, and what

732
00:34:04,880 --> 00:34:07,000
Speaker 16: he's wanting to do in that process is set up

733
00:34:07,000 --> 00:34:10,640
Speaker 16: the machinery and the legal groundwork for his terrle policy.

734
00:34:10,680 --> 00:34:14,399
Speaker 16: It's not it's not quite as simple as it sometimes then. Yes,

735
00:34:14,440 --> 00:34:18,520
Speaker 16: in emergencies or guy situations or national security or something,

736
00:34:18,560 --> 00:34:21,120
Speaker 16: you can do all sorts of things. But for a

737
00:34:21,160 --> 00:34:23,680
Speaker 16: more sustained policy, you need to get you know, you

738
00:34:23,719 --> 00:34:25,560
Speaker 16: need to dot the eyes across the piece. And that's

739
00:34:25,600 --> 00:34:27,880
Speaker 16: what he is doing now. So I you know, we'll

740
00:34:27,920 --> 00:34:30,879
Speaker 16: have to see what happens with that, but I think

741
00:34:30,920 --> 00:34:34,240
Speaker 16: he's setting out processes to move forward with his agenda.

742
00:34:34,400 --> 00:34:37,160
Speaker 3: I was watching Jamie Diamond and Davos last week and

743
00:34:37,200 --> 00:34:39,719
Speaker 3: he said, get used to it. They're a tool. They're real.

744
00:34:39,880 --> 00:34:42,640
Speaker 3: It's happening. Do we have to adjust the world of

745
00:34:42,640 --> 00:34:43,439
Speaker 3: free trades either.

746
00:34:45,520 --> 00:34:48,239
Speaker 16: Boy, that's a big question now, first thing in the year.

747
00:34:48,280 --> 00:34:49,640
Speaker 16: But look, I think we have to adjust to a

748
00:34:49,680 --> 00:34:53,840
Speaker 16: new reality certainly, you know, is we train over completely?

749
00:34:54,200 --> 00:34:57,360
Speaker 16: I don't think so. And his globalization open or I

750
00:34:57,400 --> 00:35:00,640
Speaker 16: certainly hope not. But we certainly, I have to adjust

751
00:35:00,680 --> 00:35:02,600
Speaker 16: to a new reality in the United States and to

752
00:35:02,960 --> 00:35:05,239
Speaker 16: a different sort of leadership, not one that is trying

753
00:35:05,280 --> 00:35:07,560
Speaker 16: to make the world a fear and more open, but

754
00:35:07,600 --> 00:35:09,680
Speaker 16: one that's trying to close things up. And I've got

755
00:35:09,760 --> 00:35:11,560
Speaker 16: lots of their lays with us around the world, and

756
00:35:11,600 --> 00:35:15,080
Speaker 16: that what's New Zealand and a rather precarious position being

757
00:35:15,120 --> 00:35:17,200
Speaker 16: in mind the sorts of things we've come to rely

758
00:35:17,320 --> 00:35:19,480
Speaker 16: on in recent years and the need we have to

759
00:35:19,560 --> 00:35:22,000
Speaker 16: make sure there are rules in place to protect us

760
00:35:22,000 --> 00:35:25,280
Speaker 16: from these sorts of actions from our trading partners.

761
00:35:25,280 --> 00:35:28,200
Speaker 3: Always a pleasure, Stephen, go well, Stephenjacoby, New Zealand International

762
00:35:28,280 --> 00:35:32,160
Speaker 3: Business Forum, executive Director, twelve minutes past seven. Welcome back, Mike.

763
00:35:32,160 --> 00:35:33,840
Speaker 3: Could you please bring up the wasteful spending on the

764
00:35:33,840 --> 00:35:37,520
Speaker 3: Cowry dieback lunacy. More than happy to and was going

765
00:35:37,520 --> 00:35:40,319
Speaker 3: to after seven thirty anyway, The fact this hasn't been

766
00:35:40,360 --> 00:35:43,800
Speaker 3: front and center for the last week. Just shows you

767
00:35:43,880 --> 00:35:46,280
Speaker 3: how asleep at the wheel the media is in this country.

768
00:35:46,480 --> 00:35:48,600
Speaker 3: What about the big payout to Walkland three Waters? Very

769
00:35:48,600 --> 00:35:50,480
Speaker 3: good piece of reporting in the herall this morning on that.

770
00:35:50,880 --> 00:35:53,120
Speaker 3: But I'll ask you a question around that. This bloke

771
00:35:53,239 --> 00:35:55,520
Speaker 3: I raised it, Remember I raised it at the time.

772
00:35:56,400 --> 00:35:59,520
Speaker 3: I said three Waters is dead when the new government

773
00:35:59,560 --> 00:36:01,520
Speaker 3: gets in. So we knew there was a new government

774
00:36:01,560 --> 00:36:04,279
Speaker 3: coming in the election. When that new governor ride, they

775
00:36:04,280 --> 00:36:06,480
Speaker 3: were going to kill three Waters. So why earlier on

776
00:36:06,520 --> 00:36:08,879
Speaker 3: in that very same year would you take a job

777
00:36:09,840 --> 00:36:11,440
Speaker 3: knowing your job is going to come to an end

778
00:36:11,520 --> 00:36:14,080
Speaker 3: within a year, and knowing you get a very large check,

779
00:36:14,160 --> 00:36:15,719
Speaker 3: unless you were one of those people who really was

780
00:36:15,760 --> 00:36:17,880
Speaker 3: only there for a very large check. Anyway, the details

781
00:36:17,920 --> 00:36:21,399
Speaker 3: this morning on that shortly Mike house Prices. You being

782
00:36:21,440 --> 00:36:23,799
Speaker 3: an eternal bull on House Prices, I'm assuming you're back

783
00:36:23,840 --> 00:36:27,080
Speaker 3: with well bulled up. What's your prize score for twenty

784
00:36:27,120 --> 00:36:31,080
Speaker 3: five I think less than five percent. Unless Adrian surprised

785
00:36:31,160 --> 00:36:34,040
Speaker 3: us by taking the cash rate below neutral. I don't

786
00:36:34,040 --> 00:36:36,640
Speaker 3: think he's going to do that. He'll definitely go fifty

787
00:36:36,719 --> 00:36:39,000
Speaker 3: next month and I go with the B and Z.

788
00:36:39,120 --> 00:36:40,520
Speaker 3: The B and Z was the last one I read

789
00:36:40,560 --> 00:36:43,640
Speaker 3: there saying seven this year, and I think they might

790
00:36:43,680 --> 00:36:46,520
Speaker 3: be on it. Thirteen past the.

791
00:36:46,600 --> 00:36:50,960
Speaker 2: Mike Asking Breakfast Full Show podcast on iHeartRadio powered by

792
00:36:51,040 --> 00:36:51,840
Speaker 2: News Talks.

793
00:36:51,560 --> 00:36:53,840
Speaker 3: At be Prime Minister in about twenty minutes in A

794
00:36:53,880 --> 00:36:56,200
Speaker 3: mate of Elon Musks, who thinks he's a sheer genius.

795
00:36:56,760 --> 00:36:59,600
Speaker 3: Dennis Neil, who you may know the name of X, FOX, XCNBC,

796
00:37:00,200 --> 00:37:03,520
Speaker 3: X Forbes is with us after eight o'clock this morning. Meantime,

797
00:37:03,520 --> 00:37:05,960
Speaker 3: sixteen past seven, new insight into how much we need

798
00:37:06,000 --> 00:37:09,920
Speaker 3: to save for retirement. Massive university research is suggesting this

799
00:37:09,960 --> 00:37:11,279
Speaker 3: morning we can get by on less than half a

800
00:37:11,360 --> 00:37:14,320
Speaker 3: million dollars? Can this be true? Report author and associate

801
00:37:14,320 --> 00:37:16,319
Speaker 3: prophessically and Matthews is back. Well, it's clear, very good

802
00:37:16,360 --> 00:37:16,960
Speaker 3: morning to you.

803
00:37:17,840 --> 00:37:18,560
Speaker 6: Good morning, Mike.

804
00:37:18,840 --> 00:37:20,600
Speaker 3: Do we we do this each year? As far as

805
00:37:20,680 --> 00:37:23,399
Speaker 3: I know? Is the number change much over the years?

806
00:37:23,719 --> 00:37:28,960
Speaker 6: Oh yeah, that's change as it reflects levels of spending

807
00:37:29,160 --> 00:37:33,200
Speaker 6: and other economic conditions, but now not hugely different. And

808
00:37:33,520 --> 00:37:36,759
Speaker 6: we do consistently show that we don't need to save

809
00:37:36,800 --> 00:37:39,560
Speaker 6: as much as other people would suggest is required.

810
00:37:39,719 --> 00:37:43,640
Speaker 3: Okay, so the criteria you don't you can't have a mortgage, right.

811
00:37:43,760 --> 00:37:46,280
Speaker 6: Well, it's not so much that you can't have a mortgage,

812
00:37:46,360 --> 00:37:50,719
Speaker 6: it's that the current retirees whose expenditure we're reporting on

813
00:37:51,160 --> 00:37:54,920
Speaker 6: don't generally have a home loan and are not generally renting.

814
00:37:55,080 --> 00:37:58,640
Speaker 6: So we're talking to baby boomers who've retired, well, not

815
00:37:58,640 --> 00:38:01,319
Speaker 6: personally talking to them, but that's who data we're reporting on.

816
00:38:02,600 --> 00:38:06,439
Speaker 6: So and the reality is that that generation is likely

817
00:38:06,480 --> 00:38:09,360
Speaker 6: to have gone into retirement in their own home without

818
00:38:09,400 --> 00:38:13,680
Speaker 6: a home loan, and therefore that is reflected in their spending. Yes,

819
00:38:13,800 --> 00:38:17,160
Speaker 6: if you go into retirement we're still with a home

820
00:38:17,200 --> 00:38:21,560
Speaker 6: loan and or in rental accommodation, then it is likely

821
00:38:21,640 --> 00:38:22,759
Speaker 6: to require you have.

822
00:38:22,840 --> 00:38:25,279
Speaker 3: Lightny more crystal ball when I talked to you in

823
00:38:25,320 --> 00:38:27,359
Speaker 3: twenty years time, thirty years time, and know when young

824
00:38:27,360 --> 00:38:28,839
Speaker 3: today has been able to buy a house. Is all

825
00:38:28,840 --> 00:38:30,080
Speaker 3: this going to change dramatically?

826
00:38:32,320 --> 00:38:34,560
Speaker 6: There's potentially going to change, but it we'll start to

827
00:38:34,560 --> 00:38:38,359
Speaker 6: see the changes probably in about ten years, by which

828
00:38:38,360 --> 00:38:42,760
Speaker 6: stage will be having when I had about five years

829
00:38:42,840 --> 00:38:47,279
Speaker 6: worth of the next generation Generation X having retired, because

830
00:38:47,280 --> 00:38:49,760
Speaker 6: we've still got Baby boomers retiring for another five years

831
00:38:50,239 --> 00:38:54,680
Speaker 6: and even some of the early generation XES. So it's

832
00:38:54,680 --> 00:38:57,320
Speaker 6: still quite possible. And that's why you start early, because

833
00:38:57,320 --> 00:38:59,719
Speaker 6: if you start early, then the amount that you need

834
00:38:59,760 --> 00:39:03,200
Speaker 6: to say, isn't it daunting because you're saving for a

835
00:39:03,280 --> 00:39:04,319
Speaker 6: much longer time frame.

836
00:39:04,520 --> 00:39:06,640
Speaker 3: Big still a big gap between the city and the

837
00:39:06,719 --> 00:39:11,440
Speaker 3: rural parts. That gap changed much over the yet, No.

838
00:39:11,480 --> 00:39:14,319
Speaker 6: It hasn't changed that much. And it just reflects that

839
00:39:14,320 --> 00:39:16,799
Speaker 6: there are different costs of living depending on where you live.

840
00:39:17,640 --> 00:39:21,080
Speaker 6: And it also reflects that potentially people live in those

841
00:39:21,080 --> 00:39:23,759
Speaker 6: different locations because of the different lifestyles that they want.

842
00:39:24,239 --> 00:39:26,920
Speaker 3: And it's to be fair, it's still a very individual thing,

843
00:39:26,960 --> 00:39:29,040
Speaker 3: isn't it. I mean, it depends on what sort of

844
00:39:29,080 --> 00:39:32,000
Speaker 3: life you want. Half a million can be plenty, half

845
00:39:32,000 --> 00:39:34,440
Speaker 3: a million can barely scrape the sides.

846
00:39:35,600 --> 00:39:37,640
Speaker 6: Absolutely, And this is not saying this is what you

847
00:39:37,640 --> 00:39:41,239
Speaker 6: should definitely aim for. What it's saying is that this

848
00:39:41,320 --> 00:39:44,960
Speaker 6: is what retirees are doing, and that you know they

849
00:39:45,000 --> 00:39:47,680
Speaker 6: are living quite comfortably and these are the amounts that

850
00:39:47,719 --> 00:39:51,200
Speaker 6: they are using to do that. But it's your users

851
00:39:51,239 --> 00:39:54,719
Speaker 6: to provide information and talk to a financial advisor about

852
00:39:54,760 --> 00:39:57,480
Speaker 6: what you specifically are looking to do in your retirement

853
00:39:57,719 --> 00:39:59,920
Speaker 6: and therefore, how much you need to achieve.

854
00:39:59,640 --> 00:40:01,479
Speaker 3: That nice stuff. Claire, good to talk to you again,

855
00:40:01,520 --> 00:40:05,719
Speaker 3: Claire Matthews out of Massi University this morning. Mike Wellington

856
00:40:05,760 --> 00:40:07,840
Speaker 3: trains a mess again this morning. They'll spend all summer

857
00:40:08,480 --> 00:40:10,920
Speaker 3: replacing trains with buses so they could fix the signals.

858
00:40:10,920 --> 00:40:12,799
Speaker 3: Now we end up sitting on tracks inbound waiting for

859
00:40:12,840 --> 00:40:15,520
Speaker 3: ages for the signals to work. Brendan stop money to

860
00:40:15,640 --> 00:40:17,319
Speaker 3: come to Aukland some time. Try and find a train

861
00:40:17,400 --> 00:40:20,279
Speaker 3: at all. I mean, yours may be dysfunctional. Auckland just

862
00:40:20,400 --> 00:40:22,360
Speaker 3: doesn't have any at all. Seven twenty.

863
00:40:24,160 --> 00:40:28,759
Speaker 2: The Mic Asking Breakfast Full Show podcast on iHeartRadio, how

864
00:40:28,880 --> 00:40:30,080
Speaker 2: It By News Talks EVY.

865
00:40:31,200 --> 00:40:33,080
Speaker 3: If you're a business leader, you'll be well aware of

866
00:40:33,120 --> 00:40:35,480
Speaker 3: the potential for AI to transform the old business. Of course,

867
00:40:35,520 --> 00:40:37,440
Speaker 3: so if your businesses have got lots of those workflows

868
00:40:37,440 --> 00:40:40,040
Speaker 3: that involve, you know, processing legal documents and reports and

869
00:40:40,040 --> 00:40:42,600
Speaker 3: policy manuals, complex documents, all that sort of stuff, one

870
00:40:42,640 --> 00:40:45,759
Speaker 3: net can help you become even more successful. So their

871
00:40:45,880 --> 00:40:48,520
Speaker 3: sister company, Grizzly Ai, they've gone and built a safe

872
00:40:48,520 --> 00:40:51,959
Speaker 3: from secure path for risk aburst businesses to access generative AI.

873
00:40:52,080 --> 00:40:55,399
Speaker 3: So Grizzly AI software that enables your business to use

874
00:40:55,440 --> 00:40:58,600
Speaker 3: automated workflows based on leading AI models, and unlike most

875
00:40:58,600 --> 00:41:02,040
Speaker 3: AI solutions there that are black boxes where you can't

876
00:41:02,040 --> 00:41:05,040
Speaker 3: always understand what's happening. Grizzly AI makes all of the

877
00:41:05,120 --> 00:41:08,200
Speaker 3: automation steps transparent, so you can be sure that everything

878
00:41:08,239 --> 00:41:10,919
Speaker 3: is working as it should. And Grizzly AI software means

879
00:41:10,920 --> 00:41:14,120
Speaker 3: that you can build powerful business workflows and AI solutions

880
00:41:14,160 --> 00:41:16,600
Speaker 3: faster and at a lower cost. So if you need

881
00:41:16,640 --> 00:41:18,520
Speaker 3: to make a profit, one net dot co dot inz

882
00:41:18,680 --> 00:41:20,359
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883
00:41:20,840 --> 00:41:24,799
Speaker 3: request a complementary consultation to assess how your business can

884
00:41:24,840 --> 00:41:28,440
Speaker 3: automate your document workflows with AI. It's all good news

885
00:41:28,560 --> 00:41:32,520
Speaker 3: innovation leaders since two thousand, this is one net plus

886
00:41:32,920 --> 00:41:35,640
Speaker 3: Grizzly AI paskar rid O seven twenty four. We've got

887
00:41:35,680 --> 00:41:38,239
Speaker 3: to talk about Trump. Of course, isn't he fantastic? I

888
00:41:38,280 --> 00:41:40,399
Speaker 3: think he is fantastic. What I like about what he's

889
00:41:40,400 --> 00:41:43,160
Speaker 3: done so far is none of it's a surprise he

890
00:41:43,360 --> 00:41:46,520
Speaker 3: actually does what he said he would do. Mainstream media

891
00:41:46,600 --> 00:41:48,279
Speaker 3: still can't get their head around it. I watched see

892
00:41:48,280 --> 00:41:51,399
Speaker 3: an n last week twisting themselves into a knot over

893
00:41:51,440 --> 00:41:52,840
Speaker 3: the pardons and the fact a lot of what he

894
00:41:52,840 --> 00:41:55,000
Speaker 3: says isn't true. It's as though they still think by

895
00:41:55,080 --> 00:41:57,800
Speaker 3: winging and moaning about it all something's going to change.

896
00:41:58,000 --> 00:42:01,920
Speaker 3: The Trump era is the most legitimate democratic thing you

897
00:42:01,920 --> 00:42:03,800
Speaker 3: will see at the moment anywhere in the world. He

898
00:42:03,880 --> 00:42:06,520
Speaker 3: won the presidency by way of the College vote and

899
00:42:06,600 --> 00:42:09,560
Speaker 3: the popular vote. He won the House, he won the Senate.

900
00:42:09,800 --> 00:42:12,080
Speaker 3: He's also won the Supreme Court. That was more by luck,

901
00:42:12,120 --> 00:42:14,640
Speaker 3: not tied to an election. So what he has is

902
00:42:14,680 --> 00:42:17,200
Speaker 3: a mandate. You can't argue with that. He said he

903
00:42:17,200 --> 00:42:20,440
Speaker 3: would deport he is. He said he'd get out of Paris.

904
00:42:20,600 --> 00:42:23,120
Speaker 3: He has. Not All of what he said he will

905
00:42:23,160 --> 00:42:26,640
Speaker 3: do will happen because while some of it birthright citizenship,

906
00:42:26,680 --> 00:42:30,200
Speaker 3: for example, that's one is constitutional and changing that takes

907
00:42:30,239 --> 00:42:31,920
Speaker 3: a lot of court time in more than four years.

908
00:42:32,040 --> 00:42:34,279
Speaker 3: A Milannia, you might have noticed as clearly had some

909
00:42:34,280 --> 00:42:36,399
Speaker 3: sort of come to Jesus moment, given she seems front

910
00:42:36,400 --> 00:42:38,160
Speaker 3: and center these days. I watch them in Carolina and

911
00:42:38,160 --> 00:42:41,520
Speaker 3: Los Angeles on Saturday, then Las Vegas on Sunday. Checker's

912
00:42:41,560 --> 00:42:43,560
Speaker 3: work ethic apart from anything else, By the way, she

913
00:42:43,640 --> 00:42:46,080
Speaker 3: said nothing, but she seems sort of keen this time around.

914
00:42:46,120 --> 00:42:47,640
Speaker 3: She got a camera following her, as far as I

915
00:42:47,680 --> 00:42:49,919
Speaker 3: can work out, so there's a documentary coming. I watched

916
00:42:49,920 --> 00:42:53,879
Speaker 3: the inauguration. Carmela couldn't hide a misery. Baron couldn't hide

917
00:42:53,880 --> 00:42:54,520
Speaker 3: a sense of humor.

918
00:42:54,520 --> 00:42:54,959
Speaker 11: Who knew.

919
00:42:55,600 --> 00:42:57,319
Speaker 3: Much is being made of the fact he doesn't have

920
00:42:57,360 --> 00:42:59,359
Speaker 3: to face the vote as ever again, headlines all over

921
00:42:59,360 --> 00:43:01,480
Speaker 3: the place. Trump, I never have to face the voters

922
00:43:01,520 --> 00:43:04,319
Speaker 3: ever again, as though that doesn't apply. Think about it,

923
00:43:04,360 --> 00:43:07,240
Speaker 3: although that doesn't apply to every single president who gets

924
00:43:07,239 --> 00:43:10,320
Speaker 3: a second term, for God's sake, their inference being because

925
00:43:10,320 --> 00:43:12,160
Speaker 3: he doesn't have to face the miginni or go nuts.

926
00:43:12,600 --> 00:43:15,440
Speaker 3: He won't go nuts, He's already nuts. But a lot

927
00:43:15,480 --> 00:43:17,319
Speaker 3: of people like that kind of nuts, clearly, And he

928
00:43:17,400 --> 00:43:19,719
Speaker 3: comes off the back as the Wall Street Journal so

929
00:43:19,800 --> 00:43:23,840
Speaker 3: decisively portrayed one of the great crime families of modern America,

930
00:43:23,880 --> 00:43:27,920
Speaker 3: the Bidens, the Sinility read it. It wasn't reported here,

931
00:43:27,960 --> 00:43:30,200
Speaker 3: of course, because we're asleep at the wheel, but the

932
00:43:30,280 --> 00:43:34,800
Speaker 3: Sinility hidden from day one. All the family pardoned, and

933
00:43:34,880 --> 00:43:37,040
Speaker 3: Hunter singled out, despite Joe saying he wouldn't. I mean,

934
00:43:37,080 --> 00:43:40,480
Speaker 3: what a liar, what a crook? As I said last year,

935
00:43:40,960 --> 00:43:44,200
Speaker 3: Trump first time came and went worll didn't end. It

936
00:43:44,239 --> 00:43:46,680
Speaker 3: won't end this time either, But so far it's going

937
00:43:46,719 --> 00:43:48,719
Speaker 3: to be a hoot watching and I for one and

938
00:43:48,840 --> 00:43:52,000
Speaker 3: loving it. Scare the Wall Street Journal. Tell me where

939
00:43:52,000 --> 00:43:54,200
Speaker 3: in New Zealand you saw the coverage of the Wall

940
00:43:54,239 --> 00:43:57,440
Speaker 3: Street Journal expose over the holiday period Apart from nowhere,

941
00:43:57,600 --> 00:44:00,239
Speaker 3: one of the biggest stories, I would argue politically of

942
00:44:00,280 --> 00:44:04,160
Speaker 3: the year in the world, dug deep into what is

943
00:44:04,200 --> 00:44:07,880
Speaker 3: one of the great crime families of modern America and

944
00:44:07,960 --> 00:44:10,520
Speaker 3: yet nothing to be hurt. Cricket's chirping in this part

945
00:44:10,520 --> 00:44:14,520
Speaker 3: of the world. Right brings me to John Lamont, boss

946
00:44:14,520 --> 00:44:17,320
Speaker 3: at three Waters. Good coverage from Kate McNamara this morning

947
00:44:17,320 --> 00:44:20,080
Speaker 3: and the Herald highest chief executive pay out five hundred

948
00:44:20,080 --> 00:44:23,480
Speaker 3: and thirty two thousand, five hundred dollars. So he was

949
00:44:23,520 --> 00:44:26,040
Speaker 3: in charge of the Auckland Northland Water Services Entity. Now

950
00:44:26,040 --> 00:44:27,480
Speaker 3: did he have a right to take the job, Yes

951
00:44:27,520 --> 00:44:29,719
Speaker 3: he did. He took up the job on fair bait

952
00:44:30,360 --> 00:44:33,280
Speaker 3: and he left on December fifteenth, so just ten months

953
00:44:33,280 --> 00:44:36,080
Speaker 3: in the job. Now in fair bait, could you have

954
00:44:36,239 --> 00:44:38,359
Speaker 3: argued that in election year when you national were going

955
00:44:38,360 --> 00:44:41,120
Speaker 3: to win the election, Yes you could. Should that prevent

956
00:44:41,239 --> 00:44:44,080
Speaker 3: you from taking a job because of what you think

957
00:44:44,120 --> 00:44:46,759
Speaker 3: may or may not happen? Maybe? Maybe not. A lot

958
00:44:46,760 --> 00:44:49,399
Speaker 3: of people probably argue not so. In other words, take

959
00:44:49,400 --> 00:44:52,840
Speaker 3: the job, But did you take the job knowing that

960
00:44:52,840 --> 00:44:54,200
Speaker 3: your job was going to come to an end by

961
00:44:54,200 --> 00:44:56,959
Speaker 3: the end of the year, therefore indicating that you really

962
00:44:56,960 --> 00:44:58,800
Speaker 3: didn't want to be in the job all that long anyway?

963
00:44:58,960 --> 00:45:00,720
Speaker 3: And if you weren't in the job all that long anyway,

964
00:45:00,760 --> 00:45:02,040
Speaker 3: there might be a nice check at the end of it.

965
00:45:02,040 --> 00:45:03,920
Speaker 3: And turns out over half a million dollars because when

966
00:45:03,920 --> 00:45:05,640
Speaker 3: the new government came and first thing that did was

967
00:45:05,680 --> 00:45:07,759
Speaker 3: well that three waters is off. Who do we need

968
00:45:07,800 --> 00:45:09,200
Speaker 3: to get rid of and write a check to five

969
00:45:09,239 --> 00:45:11,080
Speaker 3: hundred and thirty two thousand, five hundred. What are you

970
00:45:11,080 --> 00:45:13,880
Speaker 3: reckon about that? She'll ask the Prime Minister about that?

971
00:45:14,040 --> 00:45:16,279
Speaker 3: Or do we have more important things to deal with?

972
00:45:16,320 --> 00:45:19,680
Speaker 3: Bigger fish to fry? Christopher Luxen is but moments away

973
00:45:19,880 --> 00:45:22,160
Speaker 3: after the news which is next, you're still.

974
00:45:22,040 --> 00:45:33,880
Speaker 2: Secretly your source of freaking news, challenging opinion and honored facts.

975
00:45:34,080 --> 00:45:38,640
Speaker 2: The Mike Hosking Breakfast with a Vita Retirement, Communities, Life

976
00:45:38,800 --> 00:45:40,799
Speaker 2: your Way News togs heead b n Us.

977
00:45:40,800 --> 00:45:44,840
Speaker 3: Neil as X, Fox, TV, CNBC and is made to

978
00:45:44,880 --> 00:45:46,960
Speaker 3: be long Musks, and we'll be with us up to

979
00:45:46,960 --> 00:45:48,640
Speaker 3: write a quocke. He thinks Musk is a genius. So

980
00:45:48,680 --> 00:45:50,759
Speaker 3: we'll see where all that goes, of course, but that's

981
00:45:50,760 --> 00:45:52,759
Speaker 3: still become meantime at twenty three minutes away from it,

982
00:45:52,880 --> 00:45:55,840
Speaker 3: Christopher Luxime, Prime Minister, is with us. Good morning and

983
00:45:55,920 --> 00:45:56,719
Speaker 3: happy New Year.

984
00:45:57,280 --> 00:45:59,040
Speaker 9: Well likewise, Mike, I have you had a good break

985
00:45:59,040 --> 00:46:01,120
Speaker 9: and we had a lovely, lovely break, Thank you very much.

986
00:46:01,480 --> 00:46:03,880
Speaker 9: Louise Upon, who's on the program a little bit earlier on,

987
00:46:03,920 --> 00:46:05,160
Speaker 9: she didn't have a very good answer.

988
00:46:05,440 --> 00:46:07,680
Speaker 3: Why are we so slow on the digital nomads given

989
00:46:07,680 --> 00:46:08,799
Speaker 3: the whole world's already done it.

990
00:46:09,760 --> 00:46:11,840
Speaker 9: Oh look, I mean it's something that we talked about

991
00:46:11,920 --> 00:46:14,960
Speaker 9: in in opposition. We want to do and we're doing

992
00:46:15,040 --> 00:46:16,200
Speaker 9: it now. I mean, we just had a lot of

993
00:46:16,200 --> 00:46:17,719
Speaker 9: other things on the plate, as you know, through the

994
00:46:17,800 --> 00:46:19,719
Speaker 9: course of last year. But there's a lot more I

995
00:46:19,719 --> 00:46:21,560
Speaker 9: think that we need to do in terms of continuing

996
00:46:21,560 --> 00:46:25,080
Speaker 9: to tweak that tourism proposition. We haven't bounced back at all.

997
00:46:25,120 --> 00:46:27,560
Speaker 9: I think we're at eighty six percent of pre COVID levels,

998
00:46:27,600 --> 00:46:30,200
Speaker 9: there's a heap of space to go for and when

999
00:46:30,200 --> 00:46:31,880
Speaker 9: you've got people across the country saying, oh no, we

1000
00:46:31,920 --> 00:46:33,719
Speaker 9: don't want the tourist back where we're actually turning off

1001
00:46:33,760 --> 00:46:35,080
Speaker 9: growth and that's just not acceptable.

1002
00:46:35,160 --> 00:46:37,920
Speaker 3: So Fiji Raratonga reported just this last week they had

1003
00:46:37,960 --> 00:46:40,120
Speaker 3: record years, so people are prepared to come to this

1004
00:46:40,160 --> 00:46:40,920
Speaker 3: particular part of.

1005
00:46:40,920 --> 00:46:45,839
Speaker 9: The world, specifically about us that the world no longer likes. Well,

1006
00:46:45,840 --> 00:46:47,560
Speaker 9: i'll tell you what I reckon happened. We ended up

1007
00:46:47,560 --> 00:46:49,960
Speaker 9: staying COVID for way too long. You have all these

1008
00:46:50,040 --> 00:46:52,880
Speaker 9: tourism operators in New Zealand that deal with wholesale operators

1009
00:46:52,920 --> 00:46:55,239
Speaker 9: up in Asia and around the world, and though those

1010
00:46:55,280 --> 00:46:58,080
Speaker 9: relationships went cold while we shut down and weren't traveling,

1011
00:46:58,120 --> 00:47:00,520
Speaker 9: and as a result, other countries stepped in. It's a

1012
00:47:00,520 --> 00:47:03,360
Speaker 9: competitive market and American will have on their list the

1013
00:47:03,440 --> 00:47:05,640
Speaker 9: top twenty countries they want to visit before they die,

1014
00:47:05,920 --> 00:47:07,440
Speaker 9: and our job is we've got to make sure at

1015
00:47:07,440 --> 00:47:08,920
Speaker 9: the top of that list so they choose to come

1016
00:47:08,920 --> 00:47:11,600
Speaker 9: for their next trip. So yeah, really it's a function

1017
00:47:11,719 --> 00:47:14,760
Speaker 9: of I think, you know, the industry went to sleep

1018
00:47:15,120 --> 00:47:17,120
Speaker 9: by virtue of where we were and too slow coming

1019
00:47:17,120 --> 00:47:20,400
Speaker 9: out of COVID extended lockdowns, aren't able to travel and

1020
00:47:20,400 --> 00:47:22,480
Speaker 9: as a result others jumped in and filled that space.

1021
00:47:22,719 --> 00:47:23,560
Speaker 1: The proposition from.

1022
00:47:23,480 --> 00:47:25,200
Speaker 9: Your zone is still really good, but we've got to

1023
00:47:25,200 --> 00:47:27,080
Speaker 9: get our a MG and actually get out and about

1024
00:47:27,080 --> 00:47:28,600
Speaker 9: in the world and actually sell the proposition.

1025
00:47:28,719 --> 00:47:31,839
Speaker 3: So one hundred percent back by when what's your target.

1026
00:47:32,120 --> 00:47:33,880
Speaker 9: Well as fast as possible. I don't have a target on.

1027
00:47:33,920 --> 00:47:35,760
Speaker 9: I want to see tourists coming into the country.

1028
00:47:35,840 --> 00:47:37,920
Speaker 3: We needly as possible. What we need we need KPIs

1029
00:47:37,960 --> 00:47:39,480
Speaker 3: don't we we need to live on the capole.

1030
00:47:39,520 --> 00:47:42,120
Speaker 9: We do, we do, but we need people actioning stuff

1031
00:47:42,120 --> 00:47:44,120
Speaker 9: and actually doing things. And that's why I was pleased

1032
00:47:44,120 --> 00:47:46,040
Speaker 9: having made that say to the nation speech said, tourism

1033
00:47:46,080 --> 00:47:48,480
Speaker 9: something you can power up really fast as you can

1034
00:47:48,560 --> 00:47:51,600
Speaker 9: also international education. To see the team then respond within

1035
00:47:51,680 --> 00:47:52,880
Speaker 9: a week to say, right O, we can do this

1036
00:47:52,920 --> 00:47:55,000
Speaker 9: digital nomads thing and get that done well and out

1037
00:47:55,000 --> 00:47:56,960
Speaker 9: the door and have the system focus on getting that

1038
00:47:57,280 --> 00:47:59,319
Speaker 9: dot job done. I thought was very good.

1039
00:48:00,080 --> 00:48:02,720
Speaker 3: Naru I'm reading yesterday has never been closer to China

1040
00:48:02,760 --> 00:48:05,440
Speaker 3: as they mark the first anniversary of their particular association.

1041
00:48:05,840 --> 00:48:08,759
Speaker 3: Winston Stuck is he still in Kirabas, the president won't

1042
00:48:08,760 --> 00:48:11,640
Speaker 3: meet him, the aids on hold. How worried should we be?

1043
00:48:12,760 --> 00:48:14,879
Speaker 9: Well, I mean, I mean, we're just being really clear

1044
00:48:14,920 --> 00:48:17,520
Speaker 9: to say, look, we're putting taxpayers money into Kerebas, about

1045
00:48:17,520 --> 00:48:19,560
Speaker 9: one hundred and one hundred and two million from memory

1046
00:48:19,760 --> 00:48:22,520
Speaker 9: over the last three years or four years, and the

1047
00:48:22,560 --> 00:48:24,440
Speaker 9: reality has got to be been effectively. Winston's done a

1048
00:48:24,480 --> 00:48:27,360
Speaker 9: great job. He's met with I think fifty different counterparts

1049
00:48:27,400 --> 00:48:29,680
Speaker 9: across the world that he's visited them at forty five

1050
00:48:29,680 --> 00:48:33,040
Speaker 9: countries or something in the first year. And Carabas we

1051
00:48:33,080 --> 00:48:35,719
Speaker 9: just had radio silence. So he's doing the right thing

1052
00:48:35,760 --> 00:48:38,480
Speaker 9: actually by saying I'm sorry, but actually we actually want

1053
00:48:38,520 --> 00:48:40,960
Speaker 9: the courtesy of some engagement with the government of Carabas.

1054
00:48:41,440 --> 00:48:44,400
Speaker 9: And equally, we can't send New Zealand taxpayers money and

1055
00:48:44,400 --> 00:48:46,640
Speaker 9: there if we don't have a relationship or a dialogue happening.

1056
00:48:46,719 --> 00:48:49,560
Speaker 3: And so I tell you, I think about our relationship

1057
00:48:49,600 --> 00:48:53,600
Speaker 3: with the Pacific. When the president of Carabas doesn't want

1058
00:48:53,640 --> 00:48:55,120
Speaker 3: to meet our foreign minister.

1059
00:48:55,600 --> 00:48:57,280
Speaker 9: Well, I just say to you, I think it's peculiar

1060
00:48:57,280 --> 00:48:59,880
Speaker 9: to Carabas because our relationship across the Pacific is our

1061
00:49:00,120 --> 00:49:03,000
Speaker 9: standing and I've met with most of the leaders Winstance,

1062
00:49:03,040 --> 00:49:06,600
Speaker 9: done the same with the foreign ministers. Our influence and

1063
00:49:06,680 --> 00:49:09,760
Speaker 9: our partnership in the Pacific, I think is very very strong.

1064
00:49:09,800 --> 00:49:11,640
Speaker 3: So you're still bullish, Oh.

1065
00:49:11,560 --> 00:49:13,759
Speaker 9: Yeah, absolutely. I think if you look at how we

1066
00:49:13,840 --> 00:49:16,640
Speaker 9: stepped up the relationships with Fiji and samoh and tongl

1067
00:49:16,880 --> 00:49:19,160
Speaker 9: just in the last twelve months, a couple with the

1068
00:49:19,200 --> 00:49:22,040
Speaker 9: other countries throughout the region, as well, our contributions in

1069
00:49:22,040 --> 00:49:24,560
Speaker 9: the Pacific Island Forum, all that stuff is really very strong,

1070
00:49:24,600 --> 00:49:26,839
Speaker 9: and I think the Pacific partners have played that back

1071
00:49:26,880 --> 00:49:29,440
Speaker 9: to us very strongly that they've appreciated. You know, We've

1072
00:49:29,480 --> 00:49:32,160
Speaker 9: hosted them here in New Zealand, I've met with them

1073
00:49:32,160 --> 00:49:35,719
Speaker 9: personally when they're traveling through with dinners and I'm getting

1074
00:49:35,719 --> 00:49:38,080
Speaker 9: to know each other and so that's been very very positive.

1075
00:49:38,120 --> 00:49:40,960
Speaker 9: And I think in general, you know, we had literally

1076
00:49:41,239 --> 00:49:43,120
Speaker 9: years where we just didn't get out of New Zealand

1077
00:49:43,160 --> 00:49:44,759
Speaker 9: to go do foreign affairs work and it wasn't a

1078
00:49:44,760 --> 00:49:47,480
Speaker 9: priority for the last lot. Well, gee, it's mission critical

1079
00:49:47,480 --> 00:49:50,200
Speaker 9: for us because it's about defense and it's also about growth.

1080
00:49:50,600 --> 00:49:53,439
Speaker 3: You're sick. I watched you last week and your stayed

1081
00:49:53,440 --> 00:49:55,680
Speaker 3: at the Nation speech. Sick of the comp Are you

1082
00:49:55,760 --> 00:49:57,719
Speaker 3: sick of the ComCom or you're sick of the lack

1083
00:49:57,719 --> 00:49:58,319
Speaker 3: of action or.

1084
00:49:58,280 --> 00:50:02,000
Speaker 9: Both sick of just actually the lack of competition that's

1085
00:50:02,040 --> 00:50:03,959
Speaker 9: in our big sectors. And when you're so far away

1086
00:50:03,960 --> 00:50:05,560
Speaker 9: from the rest of the world, you don't get other

1087
00:50:05,640 --> 00:50:07,799
Speaker 9: big operators wanting to operate in there. So it means

1088
00:50:07,800 --> 00:50:10,759
Speaker 9: that your domestic sectors have to even be more competitive.

1089
00:50:11,160 --> 00:50:13,400
Speaker 9: And when you go across the piece, whether it's frankly

1090
00:50:13,440 --> 00:50:16,439
Speaker 9: banking as we've started to talk about last year, whether

1091
00:50:16,480 --> 00:50:21,560
Speaker 9: it's energy, retailers, groceries, we actually have to seriously have

1092
00:50:21,600 --> 00:50:23,920
Speaker 9: a proper converse, not a conversation. We have to do

1093
00:50:23,960 --> 00:50:28,279
Speaker 9: something about competition. This is my criticism of you, is

1094
00:50:28,280 --> 00:50:30,759
Speaker 9: that you too much yack, not enough do. If you

1095
00:50:30,760 --> 00:50:34,080
Speaker 9: don't like what Commerce Commissioner is doing, you just all

1096
00:50:34,080 --> 00:50:35,959
Speaker 9: fight up because of Trump's executive orders.

1097
00:50:36,000 --> 00:50:38,360
Speaker 3: But that's what you know, exactly what you need to

1098
00:50:38,480 --> 00:50:41,200
Speaker 3: executive orders. You need to get a bloody market pen

1099
00:50:41,280 --> 00:50:43,040
Speaker 3: and start scratching out a few signatures.

1100
00:50:43,040 --> 00:50:46,040
Speaker 9: And and the difference between a presidential system and a

1101
00:50:46,080 --> 00:50:48,440
Speaker 9: parliamentary system that's quite profound in that regard.

1102
00:50:48,719 --> 00:50:49,400
Speaker 18: But if you look.

1103
00:50:51,360 --> 00:50:52,000
Speaker 9: Most governments.

1104
00:50:52,040 --> 00:50:53,600
Speaker 3: You and I are sick of the same things. But

1105
00:50:53,640 --> 00:50:55,680
Speaker 3: what I'm watching here is a commerce commission that's been

1106
00:50:55,719 --> 00:50:58,400
Speaker 3: looking at petrol and supermarkets and building products and everything

1107
00:50:58,400 --> 00:51:01,759
Speaker 3: else for study that nothing's happening.

1108
00:51:02,280 --> 00:51:04,279
Speaker 9: Yeah, so we know what the problem is, but no

1109
00:51:04,280 --> 00:51:06,200
Speaker 9: one ever pulls the trigger to say that's the action

1110
00:51:06,280 --> 00:51:08,399
Speaker 9: that needs to take place off the back of that study. Right,

1111
00:51:08,440 --> 00:51:10,640
Speaker 9: So that's what we've got to do this year. Absolutely.

1112
00:51:10,800 --> 00:51:13,480
Speaker 3: So when you talk about competition in retail, who specifically

1113
00:51:13,560 --> 00:51:14,520
Speaker 3: you're worried about.

1114
00:51:14,880 --> 00:51:17,600
Speaker 9: Well, I think we look at the grocery supermarket outlets.

1115
00:51:17,640 --> 00:51:21,560
Speaker 9: We've obviously spoken before about the energy pieces, and there's

1116
00:51:21,560 --> 00:51:24,040
Speaker 9: some work going on around that right now. I'm also

1117
00:51:24,200 --> 00:51:26,319
Speaker 9: very fixated on the banks. If I'm really honest with you,

1118
00:51:26,360 --> 00:51:26,640
Speaker 9: I think.

1119
00:51:27,640 --> 00:51:30,840
Speaker 3: Banks this year specifically, well, again.

1120
00:51:30,640 --> 00:51:32,279
Speaker 9: We're going to make sure, as we said, get k

1121
00:51:32,600 --> 00:51:35,360
Speaker 9: QY our banks sort of fired up and capitalized in

1122
00:51:35,360 --> 00:51:37,080
Speaker 9: a way that actually can take on those banks. When

1123
00:51:37,080 --> 00:51:39,440
Speaker 9: you're going to do there's a whole bunch of laws

1124
00:51:39,480 --> 00:51:41,960
Speaker 9: rate we can change around what's called open banking, because

1125
00:51:42,000 --> 00:51:44,400
Speaker 9: actually the banks have been running that, whereas other countries

1126
00:51:44,440 --> 00:51:46,600
Speaker 9: that's run by others. So the banks don't unincentivized to

1127
00:51:46,600 --> 00:51:48,120
Speaker 9: innovate or do anything very different.

1128
00:51:48,280 --> 00:51:50,040
Speaker 3: So you're a big thing.

1129
00:51:51,360 --> 00:51:52,840
Speaker 9: Well, it's it's one of the things we can do

1130
00:51:52,920 --> 00:51:55,480
Speaker 9: to make sure that we get banking more competitive. We're

1131
00:51:55,520 --> 00:51:59,080
Speaker 9: going to do that though, well, we're working. As I said,

1132
00:51:59,120 --> 00:52:00,640
Speaker 9: we talked about that the end of last year. We've

1133
00:52:00,680 --> 00:52:02,399
Speaker 9: got to go through a process of just making sure

1134
00:52:02,440 --> 00:52:04,200
Speaker 9: we can look up with the best way to raise

1135
00:52:04,239 --> 00:52:06,600
Speaker 9: that five hundred million dollars in capital that we want

1136
00:52:06,600 --> 00:52:08,520
Speaker 9: to put in there. That five hundred million dollars will

1137
00:52:08,560 --> 00:52:11,920
Speaker 9: lead to billions of dollars of extra investment to loans

1138
00:52:12,000 --> 00:52:15,120
Speaker 9: lending to businesses, but also to consumers as well, and

1139
00:52:15,160 --> 00:52:16,640
Speaker 9: so it's just working our way through that. We're going

1140
00:52:16,680 --> 00:52:18,480
Speaker 9: to do that as quickly as we possibly can. But

1141
00:52:18,560 --> 00:52:20,640
Speaker 9: I think there's other things Mark like that we can

1142
00:52:20,680 --> 00:52:23,000
Speaker 9: do around sort of some of the regulations around banks

1143
00:52:23,040 --> 00:52:25,960
Speaker 9: and making sure that they are you know, as competitive

1144
00:52:25,960 --> 00:52:27,880
Speaker 9: and as that we make it as easy as possible.

1145
00:52:28,200 --> 00:52:30,440
Speaker 9: If you talk about the margins that exist in banking

1146
00:52:30,800 --> 00:52:32,400
Speaker 9: in New Zealand relative to other parts.

1147
00:52:32,280 --> 00:52:35,239
Speaker 3: Of the world, that's kind of sense we'll talk about

1148
00:52:35,280 --> 00:52:38,360
Speaker 3: this is this is my frustration, my frustration with you is.

1149
00:52:38,440 --> 00:52:41,879
Speaker 3: I think you're You're well intentioned, but you're running out

1150
00:52:41,920 --> 00:52:45,000
Speaker 3: of time. It's twenty twenty five now, and you've spent

1151
00:52:45,200 --> 00:52:47,680
Speaker 3: all of last year talking about this and thinking about

1152
00:52:47,760 --> 00:52:50,920
Speaker 3: that and passing a bit of legislation. All that's fantastic.

1153
00:52:51,040 --> 00:52:53,400
Speaker 3: Just agree, Well, you can disagree all you want, but

1154
00:52:53,480 --> 00:52:55,400
Speaker 3: you're the one facing the voters in twenty six, not me.

1155
00:52:55,920 --> 00:52:58,160
Speaker 3: That's right, and you're going to run out a runway

1156
00:52:58,200 --> 00:53:01,160
Speaker 3: if you don't actually start kicking some and getting this

1157
00:53:01,320 --> 00:53:02,719
Speaker 3: country moving well.

1158
00:53:02,760 --> 00:53:04,520
Speaker 9: I would just say to you, I think the way

1159
00:53:04,640 --> 00:53:06,879
Speaker 9: we actually dealt with government's been need to get inflation down,

1160
00:53:06,920 --> 00:53:08,880
Speaker 9: to get interest rates down, to get business confidence and

1161
00:53:08,920 --> 00:53:12,000
Speaker 9: consumer confidence at good levels, is fantastic. I'm just signaling,

1162
00:53:12,080 --> 00:53:13,600
Speaker 9: as I did in my State of the Nation speech

1163
00:53:13,920 --> 00:53:15,680
Speaker 9: last year, was break the back of cost of living.

1164
00:53:15,840 --> 00:53:18,840
Speaker 9: This year is all about growth, growth, growth. So I

1165
00:53:18,920 --> 00:53:20,600
Speaker 9: think when you look at what we did on fast Track,

1166
00:53:20,680 --> 00:53:22,919
Speaker 9: you think about RMA reform, where we've bleated on about

1167
00:53:22,960 --> 00:53:23,880
Speaker 9: it for eighteen years.

1168
00:53:24,440 --> 00:53:25,680
Speaker 1: It was supposed to be a horse.

1169
00:53:25,480 --> 00:53:28,160
Speaker 9: Turned into a camera with endless amendments and a whole

1170
00:53:28,200 --> 00:53:30,440
Speaker 9: industry around it. To go introduce fast Track in the

1171
00:53:30,480 --> 00:53:32,279
Speaker 9: way that we are to talk about changing the whole

1172
00:53:32,320 --> 00:53:34,879
Speaker 9: of the RMA system and getting that moving. This year

1173
00:53:35,080 --> 00:53:37,080
Speaker 9: is actually a major, major there's a lot of focus

1174
00:53:37,160 --> 00:53:39,239
Speaker 9: going on. So just I hear what you're saying, and

1175
00:53:39,320 --> 00:53:41,600
Speaker 9: I know the frustration. If you're frustrated, just meagine how

1176
00:53:41,640 --> 00:53:43,719
Speaker 9: frustrated I am about the speed of things that happen

1177
00:53:43,800 --> 00:53:46,200
Speaker 9: here in Wellington. But I'm doing everything we can with

1178
00:53:46,360 --> 00:53:48,680
Speaker 9: the team. As you saw even yesterday on digital nomad

1179
00:53:48,760 --> 00:53:49,840
Speaker 9: visas within a week.

1180
00:53:49,680 --> 00:53:51,480
Speaker 3: But you were late a year. You were a year

1181
00:53:51,560 --> 00:53:53,680
Speaker 3: of not two years later on that. That's a stroke

1182
00:53:53,760 --> 00:53:56,320
Speaker 3: of a pen decision. That's like, think of it Monday,

1183
00:53:56,400 --> 00:53:58,399
Speaker 3: do it Tuesday, not come back a year after you've

1184
00:53:58,400 --> 00:54:00,480
Speaker 3: been as onners and go oh what we've thought off?

1185
00:54:02,200 --> 00:54:04,439
Speaker 3: Oh you've come back from holiday fired up my cost?

1186
00:54:04,480 --> 00:54:04,640
Speaker 16: Gag.

1187
00:54:04,800 --> 00:54:07,439
Speaker 3: Well, someone's going to point a few things out, don't

1188
00:54:07,480 --> 00:54:11,000
Speaker 3: they Look my road, the road north of Auckland right

1189
00:54:11,760 --> 00:54:13,680
Speaker 3: here's your new health minister. So one of the best

1190
00:54:13,719 --> 00:54:16,319
Speaker 3: pieces of road in this country is State Highway one,

1191
00:54:16,400 --> 00:54:18,560
Speaker 3: as commissioned by Stephen Joyce. That was going to one

1192
00:54:18,640 --> 00:54:20,640
Speaker 3: hundred and twenty k's how fast was I traveling over

1193
00:54:20,680 --> 00:54:23,080
Speaker 3: the holiday? Is one hundred He announced it last year.

1194
00:54:23,120 --> 00:54:25,680
Speaker 3: Why hasn't it changed the road cones around Auckland. Have

1195
00:54:25,719 --> 00:54:27,359
Speaker 3: a look at the road cones around Auckland at the moment,

1196
00:54:27,480 --> 00:54:30,240
Speaker 3: there's only millions of them. Why hasn't it changed? Simmey

1197
00:54:30,280 --> 00:54:33,000
Speaker 3: and Brown announced that would change. Hasn't changed? Why not?

1198
00:54:33,880 --> 00:54:36,400
Speaker 9: Well, I will get onto it the sweet month to

1199
00:54:36,440 --> 00:54:37,920
Speaker 9: get onto it, because I asked it.

1200
00:54:38,080 --> 00:54:39,920
Speaker 3: I mean, when you announce something.

1201
00:54:40,080 --> 00:54:41,040
Speaker 13: Actually do it.

1202
00:54:41,760 --> 00:54:41,960
Speaker 11: Yep.

1203
00:54:42,040 --> 00:54:44,399
Speaker 9: But Vike, there's a whole bunch of pilava that goes

1204
00:54:44,480 --> 00:54:46,800
Speaker 9: with as you know, around speed limits, for example. We

1205
00:54:46,920 --> 00:54:48,680
Speaker 9: have worked as quickly as we can. But you have

1206
00:54:48,880 --> 00:54:51,080
Speaker 9: regional you have local government, you have regional government, you

1207
00:54:51,120 --> 00:54:53,360
Speaker 9: have central government. There's a whole bunch of pilava and

1208
00:54:53,400 --> 00:54:55,040
Speaker 9: all that. We're trying to strip all of that out.

1209
00:54:55,400 --> 00:54:57,279
Speaker 9: I think we're over governed. We've got way too many

1210
00:54:57,320 --> 00:55:01,160
Speaker 9: people in the mix of everything, and so we're working

1211
00:55:01,160 --> 00:55:02,719
Speaker 9: our way through that. And I think you'll see that

1212
00:55:02,840 --> 00:55:05,719
Speaker 9: very shortly. So hang fire, I know, okay, did you

1213
00:55:06,000 --> 00:55:07,480
Speaker 9: I'm here all year, so you're going to get this

1214
00:55:07,560 --> 00:55:07,879
Speaker 9: all year?

1215
00:55:07,920 --> 00:55:08,600
Speaker 18: Did you see?

1216
00:55:08,680 --> 00:55:11,800
Speaker 3: And Joyce's peace in the Herald, I haven't actually you

1217
00:55:11,880 --> 00:55:14,120
Speaker 3: get onto when you're arranging the deck chairs. He's not

1218
00:55:14,200 --> 00:55:15,799
Speaker 3: a fan of what you did with the science thing

1219
00:55:15,920 --> 00:55:18,720
Speaker 3: last week. He thinks that's a mistake. You would disagree

1220
00:55:18,760 --> 00:55:20,080
Speaker 3: with them, presumably, Yeah, yeah, do.

1221
00:55:20,239 --> 00:55:23,320
Speaker 9: Because Callahan was set up years ago to do the

1222
00:55:23,400 --> 00:55:25,960
Speaker 9: innovation work in commercialization work it didn't deliver for a

1223
00:55:26,040 --> 00:55:28,960
Speaker 9: number of reasons. We've got four now very focused Crown

1224
00:55:29,040 --> 00:55:32,160
Speaker 9: Research institutes which needed to happen, and they need to

1225
00:55:32,200 --> 00:55:34,520
Speaker 9: be powered up to be commercialized. If you go to Israel,

1226
00:55:34,560 --> 00:55:37,359
Speaker 9: if you go to Ireland, you go to Denmark, academics

1227
00:55:37,400 --> 00:55:40,560
Speaker 9: get to actually participate and become multimillionaires because of their

1228
00:55:41,000 --> 00:55:43,440
Speaker 9: innovations that they then end up turning into great companies.

1229
00:55:43,520 --> 00:55:46,040
Speaker 9: And so we want to make sure the money that

1230
00:55:46,120 --> 00:55:49,080
Speaker 9: we spend in the R and D system, frankly, it's

1231
00:55:49,080 --> 00:55:51,040
Speaker 9: been going all over the place, it needs to go

1232
00:55:51,360 --> 00:55:53,359
Speaker 9: just purely into things that make the economy go quicker

1233
00:55:53,360 --> 00:55:56,760
Speaker 9: out and those fourth focused institutes. The removal of Callahan

1234
00:55:57,520 --> 00:55:59,759
Speaker 9: will actually give us the beginnings of what we need

1235
00:55:59,800 --> 00:55:59,920
Speaker 9: to do.

1236
00:56:00,200 --> 00:56:03,600
Speaker 3: Good stuff catch up next Tuesday. Appreciate of cron Christopher Luxen.

1237
00:56:03,840 --> 00:56:06,200
Speaker 3: That article, by the way out of Saturday's Herald Government

1238
00:56:06,239 --> 00:56:09,160
Speaker 3: science plan is like rearranging the deck chairs. Good read,

1239
00:56:09,200 --> 00:56:11,359
Speaker 3: because he was heavily involved in the process, of course

1240
00:56:11,360 --> 00:56:14,560
Speaker 3: when he was in government. Thirteen two good The.

1241
00:56:14,719 --> 00:56:19,600
Speaker 2: Mike Asking Breakfast Full Show podcast on iHeartRadio powered by News.

1242
00:56:19,480 --> 00:56:22,640
Speaker 3: Talks at Me turn Away from I didn't have time to,

1243
00:56:22,800 --> 00:56:25,759
Speaker 3: but just before Christmas, Nikola Willison that heyfu update, What

1244
00:56:25,880 --> 00:56:28,920
Speaker 3: a disgrace that was as well. So the numbers were

1245
00:56:28,960 --> 00:56:32,319
Speaker 3: way worse than anybody thought for the economy. So there

1246
00:56:32,400 --> 00:56:35,279
Speaker 3: is no surplus there. Four car surplus isn't happening. It's

1247
00:56:35,320 --> 00:56:38,839
Speaker 3: a deficit forever. But then she, in her best Grant

1248
00:56:38,920 --> 00:56:42,480
Speaker 3: Robertson impersonation I've ever seen, comes out and goes, well,

1249
00:56:42,520 --> 00:56:43,920
Speaker 3: first of all, what we can do is take the

1250
00:56:43,960 --> 00:56:46,239
Speaker 3: three or four hundred million dollars the ACC's in the

1251
00:56:46,280 --> 00:56:48,360
Speaker 3: whole for and we'll ignore that. That's not real, so

1252
00:56:48,440 --> 00:56:51,360
Speaker 3: we won't count that. And nobody sitting there goes, what

1253
00:56:51,719 --> 00:56:53,880
Speaker 3: are you serious? So she takes three or four hundred

1254
00:56:53,880 --> 00:56:56,440
Speaker 3: million dollars out going, we're not counting that, and then

1255
00:56:56,719 --> 00:57:00,440
Speaker 3: that will leave us with just a tiny, tiny, tiny deficit.

1256
00:57:01,080 --> 00:57:03,759
Speaker 3: But I don't actually believe those numbers are real. I'm

1257
00:57:03,800 --> 00:57:05,719
Speaker 3: more positive for New Zealand than that so I think

1258
00:57:05,760 --> 00:57:07,680
Speaker 3: it'll be a surplus. So she takes three or four

1259
00:57:07,719 --> 00:57:10,960
Speaker 3: hundred million dollars out, takes then the deficit and pretends

1260
00:57:11,040 --> 00:57:13,480
Speaker 3: that doesn't exist either and invents the surplus. And you

1261
00:57:13,560 --> 00:57:16,640
Speaker 3: call that being a finance minister. Give me a break.

1262
00:57:17,200 --> 00:57:20,680
Speaker 3: New Zealand University's headline need to up their game on

1263
00:57:20,800 --> 00:57:23,120
Speaker 3: teaching entrepreneurship. This is Rod mc norton. There's a piece

1264
00:57:23,120 --> 00:57:24,560
Speaker 3: of reading you might want to look up as well,

1265
00:57:24,600 --> 00:57:27,440
Speaker 3: and that goes back to the aforementioned state of the

1266
00:57:27,520 --> 00:57:30,160
Speaker 3: nation and the science and the science bodies. New Zealand

1267
00:57:30,280 --> 00:57:33,640
Speaker 3: universities are failing to prepare students for their entrepreneurial Realities

1268
00:57:33,680 --> 00:57:38,840
Speaker 3: of the modern economy highlights major gaps and entrepreneurship and

1269
00:57:38,920 --> 00:57:43,520
Speaker 3: industry focused training. PhD programs remain too academically focused. Entrepreneurship

1270
00:57:43,600 --> 00:57:46,520
Speaker 3: is also poorly integrated into STEM degrees, leaving students ill

1271
00:57:46,560 --> 00:57:50,919
Speaker 3: equipped to innovate or commercialized research. So hopefully something comes

1272
00:57:50,960 --> 00:57:52,600
Speaker 3: out of that. And the other one you want to

1273
00:57:52,640 --> 00:57:54,880
Speaker 3: read is John Ryan, who's the Auditor General. Came out

1274
00:57:54,960 --> 00:57:57,720
Speaker 3: last week. He wants a law change which compels government

1275
00:57:57,760 --> 00:58:01,080
Speaker 3: departments to improve performance reporting. Difficult to track what comes

1276
00:58:01,120 --> 00:58:04,480
Speaker 3: out of various government policies or programs, and once the

1277
00:58:04,600 --> 00:58:08,160
Speaker 3: issue investigator by Parliament's Finance and Expendity Committees talking about waste,

1278
00:58:08,840 --> 00:58:11,480
Speaker 3: they make announcements in the budget and then you don't

1279
00:58:11,520 --> 00:58:13,800
Speaker 3: know where the money goes. Speaking of money, I need

1280
00:58:13,880 --> 00:58:16,320
Speaker 3: to get to the whale and the cowry die back

1281
00:58:16,840 --> 00:58:18,520
Speaker 3: and the four million dollars, but that's for later.

1282
00:58:18,600 --> 00:58:22,000
Speaker 2: Right away from it, the my Hosking breakfast with a

1283
00:58:22,200 --> 00:58:24,880
Speaker 2: Vida Retirement Communities News Togsdad been.

1284
00:58:24,920 --> 00:58:28,680
Speaker 3: Like the best thing going for luction. As Hipkins probably true.

1285
00:58:29,680 --> 00:58:32,280
Speaker 3: I read somewhere over the holidays that Labour's big task

1286
00:58:32,360 --> 00:58:34,680
Speaker 3: this year is to assuage us all, to remind us

1287
00:58:34,720 --> 00:58:35,760
Speaker 3: that it's not the end of the world if you

1288
00:58:35,880 --> 00:58:38,960
Speaker 3: vote for labor. But I thought to myself, as he

1289
00:58:38,960 --> 00:58:41,720
Speaker 3: stood there in his jendles, not taking himself clearly, very seriously,

1290
00:58:42,560 --> 00:58:44,400
Speaker 3: was that as long as it's not labor you vote

1291
00:58:44,400 --> 00:58:46,640
Speaker 3: for or don't vote for, it's the people in charge.

1292
00:58:46,680 --> 00:58:48,840
Speaker 3: So as long as Hipkins is there, and Sepalone's there,

1293
00:58:49,000 --> 00:58:53,600
Speaker 3: and Toinetti's there and Verull's there, these are the same people.

1294
00:58:54,040 --> 00:58:56,320
Speaker 3: One short will be three by the time we vote.

1295
00:58:56,360 --> 00:58:58,640
Speaker 3: Three short years ago were wrecking in the economy, and

1296
00:58:58,720 --> 00:59:00,760
Speaker 3: as we found out from the HSB, see was it

1297
00:59:01,000 --> 00:59:03,520
Speaker 3: last week? Late last week, no one got worse hit

1298
00:59:03,600 --> 00:59:05,040
Speaker 3: than we said it all last year, no one got

1299
00:59:05,080 --> 00:59:07,000
Speaker 3: worse hit than we did. So those are the very

1300
00:59:07,080 --> 00:59:09,040
Speaker 3: same people. So it's not about labor or national it's

1301
00:59:09,040 --> 00:59:11,080
Speaker 3: about the individuals concerned. And you can have a Roger

1302
00:59:11,120 --> 00:59:13,240
Speaker 3: Douglas Labor Party or a David Longe Labour Party, or

1303
00:59:13,280 --> 00:59:16,000
Speaker 3: a Helen Clark Labour Party or Chrissipicin's Labor Party. The

1304
00:59:16,200 --> 00:59:18,520
Speaker 3: very same people who dug us into the hole we're

1305
00:59:18,560 --> 00:59:21,200
Speaker 3: currently in want to come back and pretend it's all

1306
00:59:21,240 --> 00:59:24,920
Speaker 3: gone different or better, or you've got amnesia or something.

1307
00:59:24,960 --> 00:59:26,600
Speaker 3: I don't know how it works. What an absolute load

1308
00:59:26,640 --> 00:59:28,880
Speaker 3: of hot air babble, Mike. I've been a national voter

1309
00:59:28,960 --> 00:59:30,520
Speaker 3: all my life, and who the hell else is there

1310
00:59:30,560 --> 00:59:32,840
Speaker 3: to vote for. It's not a bad sort of question, Mike.

1311
00:59:32,880 --> 00:59:35,240
Speaker 3: I keep hearing our current objective is economic growth, which

1312
00:59:35,320 --> 00:59:37,640
Speaker 3: is excellent. But can I suggest that the biggest hurdle

1313
00:59:37,680 --> 00:59:40,320
Speaker 3: to achieving this is the reserve bank tardiness. I think

1314
00:59:40,320 --> 00:59:42,600
Speaker 3: you make a very good point. Let's talk about Elon

1315
00:59:42,760 --> 00:59:44,680
Speaker 3: Musk after the break and we meet somebody who knows

1316
00:59:44,760 --> 00:59:45,880
Speaker 3: them particularly well.

1317
00:59:48,360 --> 00:59:51,000
Speaker 1: The news and the news makers.

1318
00:59:51,400 --> 00:59:54,640
Speaker 2: The Mic Hosking breakfast with the range Rover, the last

1319
00:59:54,880 --> 00:59:57,440
Speaker 2: designed to intrigue can use togs head.

1320
00:59:57,320 --> 01:00:00,000
Speaker 3: Best state well, who has expensive time over the whole?

1321
01:00:00,000 --> 01:00:02,439
Speaker 3: Well those following the headline, that is the new person Buddy.

1322
01:00:02,560 --> 01:00:04,960
Speaker 3: Elon Musky is an office in the Whist Wing, seemingly

1323
01:00:05,080 --> 01:00:07,480
Speaker 3: has the president's ere Dinnis Neil knows him very well.

1324
01:00:07,520 --> 01:00:10,640
Speaker 3: He's a former host at CNBC and Fox Business. His

1325
01:00:10,760 --> 01:00:14,080
Speaker 3: new book is called The Leadership Genius of Elon Musk,

1326
01:00:14,120 --> 01:00:15,520
Speaker 3: and Dennis Needles with us from New York.

1327
01:00:15,560 --> 01:00:17,120
Speaker 13: Good morning, It's great to see you.

1328
01:00:17,640 --> 01:00:20,160
Speaker 3: So you are, you know, an expert on Elon. We

1329
01:00:20,240 --> 01:00:23,960
Speaker 3: can't talk about Elon without talking about Donald just generally.

1330
01:00:24,240 --> 01:00:25,880
Speaker 3: What have you made of the last week or so?

1331
01:00:26,520 --> 01:00:30,720
Speaker 13: Oh my gosh, it is unbelievable, you know, a founding belief.

1332
01:00:31,000 --> 01:00:34,120
Speaker 13: My new book, The Leadership Genius Elon Musk offers eleven

1333
01:00:34,520 --> 01:00:37,200
Speaker 13: lessons of Elon, like how does he succeed? How does

1334
01:00:37,280 --> 01:00:39,240
Speaker 13: he live? And what can we borrow from that? Well,

1335
01:00:39,360 --> 01:00:41,919
Speaker 13: one founding belief of Elon's is that we very well

1336
01:00:42,040 --> 01:00:46,920
Speaker 13: be made, maybe living inside a huge computer simulation operated

1337
01:00:47,000 --> 01:00:49,440
Speaker 13: by somebody somewhere far off in the future. Now this

1338
01:00:49,600 --> 01:00:51,960
Speaker 13: frees him up to take huge risk to do things

1339
01:00:52,040 --> 01:00:54,800
Speaker 13: no one else will do, right, But it also means

1340
01:00:54,840 --> 01:00:57,720
Speaker 13: that who's ever running that simulation, they wouldn't run it

1341
01:00:57,760 --> 01:01:00,480
Speaker 13: for boring outcomes. They run it for the most entertaining

1342
01:01:00,640 --> 01:01:04,400
Speaker 13: unexpected outcomes. And can you believe the past week is

1343
01:01:04,520 --> 01:01:08,600
Speaker 13: definitely the most unexpected outcome of all Trump all those

1344
01:01:08,640 --> 01:01:11,280
Speaker 13: people trying to stop him from getting into office. Elon

1345
01:01:11,440 --> 01:01:14,360
Speaker 13: coming alongside Trump and helping him get into office the

1346
01:01:14,600 --> 01:01:17,959
Speaker 13: very opposite outcome of what was expected or what people

1347
01:01:18,080 --> 01:01:20,720
Speaker 13: tried to make happen. And that's another lesson of Elon

1348
01:01:20,960 --> 01:01:24,360
Speaker 13: that the most likely outcome often is the most ironic one,

1349
01:01:24,400 --> 01:01:27,080
Speaker 13: the most opposite of what was expected. And that's in

1350
01:01:27,200 --> 01:01:30,160
Speaker 13: part because if this is a simulation, they'd want it

1351
01:01:30,200 --> 01:01:31,200
Speaker 13: to be really entertaining.

1352
01:01:31,360 --> 01:01:33,760
Speaker 3: Now do you reckon it's a a simulation, you know?

1353
01:01:34,080 --> 01:01:36,000
Speaker 13: The weird thing Mike is. At first, I guess though

1354
01:01:36,400 --> 01:01:39,040
Speaker 13: he's kidding, he's kidding naps, But then I did ten

1355
01:01:39,160 --> 01:01:41,240
Speaker 13: years worth of research into how long he's been talking

1356
01:01:41,240 --> 01:01:43,080
Speaker 13: about it, and I looked at the science of it

1357
01:01:43,360 --> 01:01:47,640
Speaker 13: and I interviewed a physicist named Melvin Bobson at a

1358
01:01:47,800 --> 01:01:51,040
Speaker 13: UK university whose name is escaped me just now, and

1359
01:01:51,160 --> 01:01:54,640
Speaker 13: Melvin came up with the second law of infodynamics. Melvin,

1360
01:01:54,760 --> 01:01:57,960
Speaker 13: the physicists found that across all of the universe, all

1361
01:01:58,080 --> 01:02:02,960
Speaker 13: of nature, this weird thing happens. Information is reducing itself

1362
01:02:03,120 --> 01:02:07,640
Speaker 13: all the time. The first COVID nineteen virus had you know,

1363
01:02:08,040 --> 01:02:10,760
Speaker 13: a plethora of base pairs of DNA, but as it

1364
01:02:11,000 --> 01:02:13,600
Speaker 13: mutated mutinator it got less and less and less and less,

1365
01:02:13,760 --> 01:02:16,200
Speaker 13: even though it did the same job. Everywhere in nature

1366
01:02:16,280 --> 01:02:19,680
Speaker 13: is reducing. And this physicist says, you know, if this

1367
01:02:19,800 --> 01:02:23,240
Speaker 13: were a computer simulation, you'd want to save on storage

1368
01:02:23,320 --> 01:02:26,360
Speaker 13: and processing power as much as possible. So maybe this

1369
01:02:26,480 --> 01:02:28,280
Speaker 13: is proof that's a simulation. So it starts to get

1370
01:02:28,360 --> 01:02:31,320
Speaker 13: very fun. But here's the one thing. Even if we

1371
01:02:31,360 --> 01:02:34,640
Speaker 13: don't believe literally it's a simulation technologryally it could be.

1372
01:02:34,720 --> 01:02:36,400
Speaker 13: You know, if you look at where we came. Elon

1373
01:02:36,480 --> 01:02:38,960
Speaker 13: says from Pong in nineteen seventy, just kind of two

1374
01:02:39,000 --> 01:02:41,000
Speaker 13: little bits of light hitting a ball back and forth

1375
01:02:41,160 --> 01:02:44,560
Speaker 13: against a black background into these three D video realistic

1376
01:02:44,640 --> 01:02:47,960
Speaker 13: you're inside, you know, doom you know, shooting monsters. We

1377
01:02:48,000 --> 01:02:49,840
Speaker 13: both I it can advance that much in seventy years,

1378
01:02:50,120 --> 01:02:52,000
Speaker 13: imagine what could do in ten thousand years. So it

1379
01:02:52,040 --> 01:02:54,320
Speaker 13: would definitely be true ten thousand years from now to

1380
01:02:54,400 --> 01:02:57,960
Speaker 13: have a simulation that's so undetectable from reality that you

1381
01:02:58,040 --> 01:03:00,120
Speaker 13: don't even know it. And if it's true, and ten

1382
01:03:00,200 --> 01:03:02,840
Speaker 13: thousand years, and you look at the Earth's about four

1383
01:03:03,480 --> 01:03:06,680
Speaker 13: four billion years old, that's something like four hundred thousand

1384
01:03:06,800 --> 01:03:09,880
Speaker 13: or four million different ten thousand year patches in which

1385
01:03:09,880 --> 01:03:13,320
Speaker 13: it could have happened. The thought that's never happened until

1386
01:03:13,360 --> 01:03:17,360
Speaker 13: ten thousand years from now seems unlikely. So Elon therefore says,

1387
01:03:17,600 --> 01:03:21,280
Speaker 13: and if there's one simulation, there's probably billions a lot

1388
01:03:21,320 --> 01:03:24,800
Speaker 13: of people playing simulations jesuys, So aren't the chances billions

1389
01:03:24,800 --> 01:03:26,960
Speaker 13: to one in favor of simulation? But let's say we

1390
01:03:27,080 --> 01:03:29,720
Speaker 13: reject all that. It's just fun to think what if

1391
01:03:29,800 --> 01:03:31,840
Speaker 13: it were it? Lets us look at the world in

1392
01:03:31,920 --> 01:03:34,320
Speaker 13: a different way. I've got a new job offer, but

1393
01:03:34,400 --> 01:03:36,720
Speaker 13: it's crazy, it's such a high risk. Well maybe I

1394
01:03:36,760 --> 01:03:39,680
Speaker 13: should take it because this could all be a video game.

1395
01:03:39,960 --> 01:03:42,520
Speaker 13: I've just had a terrible loss. My wife has left me,

1396
01:03:42,760 --> 01:03:45,880
Speaker 13: divorced me. You know, as hard as it is, if

1397
01:03:45,920 --> 01:03:48,960
Speaker 13: I could put on glasses that say, hey man, this

1398
01:03:49,160 --> 01:03:51,840
Speaker 13: is all fake, this is all just a simulation, maybe

1399
01:03:51,880 --> 01:03:54,080
Speaker 13: I could heal a little bit and feel a little

1400
01:03:54,120 --> 01:03:56,600
Speaker 13: more philosophical about it and kind of remove myself from it.

1401
01:03:56,960 --> 01:03:59,160
Speaker 13: There's one more thing about the simulation thing, okay, that

1402
01:03:59,240 --> 01:04:03,120
Speaker 13: I throw in there. Ketamine a drug that used to

1403
01:04:03,160 --> 01:04:06,560
Speaker 13: be perirely the hospital painkiller for surgical patients and now

1404
01:04:06,680 --> 01:04:10,560
Speaker 13: is a therapy for depression. My own doctor fifteen years

1405
01:04:10,680 --> 01:04:14,680
Speaker 13: quit his practice to join a ketamine company. Ketamine is

1406
01:04:14,840 --> 01:04:18,920
Speaker 13: very popular with Elon, and I'm told that when you

1407
01:04:19,080 --> 01:04:22,479
Speaker 13: take ketamine and you're sitting there, there comes a point

1408
01:04:22,480 --> 01:04:24,920
Speaker 13: where you are dissociated from the picture in front of you.

1409
01:04:25,000 --> 01:04:28,960
Speaker 13: You are suddenly sitting on high everything's super sharply defined,

1410
01:04:29,480 --> 01:04:32,400
Speaker 13: and it's as if everything is a prop It's as

1411
01:04:32,440 --> 01:04:35,040
Speaker 13: if all of it is an illusion, and you suddenly

1412
01:04:35,120 --> 01:04:38,600
Speaker 13: realize that it's like what the materialists said one hundred

1413
01:04:38,600 --> 01:04:41,120
Speaker 13: and fifty years ago. This desk is here only because

1414
01:04:41,200 --> 01:04:44,560
Speaker 13: I think this desk is here. It has substance only

1415
01:04:44,560 --> 01:04:47,000
Speaker 13: because my mind gives it that. So it starts to

1416
01:04:47,040 --> 01:04:50,640
Speaker 13: get really quite fascinating, and the publisher warned me and

1417
01:04:50,760 --> 01:04:52,560
Speaker 13: talking about the book, not to start there. It's just

1418
01:04:52,640 --> 01:04:55,000
Speaker 13: too weird. I just started with you know less than

1419
01:04:55,040 --> 01:04:57,960
Speaker 13: number five. Most people are loafers, work harder than you

1420
01:04:58,040 --> 01:05:02,200
Speaker 13: ever have before, and yet I remain fascinated by its possibilities.

1421
01:05:02,440 --> 01:05:02,800
Speaker 18: What are you?

1422
01:05:03,680 --> 01:05:06,160
Speaker 3: How much in the genius of Musk? How much is

1423
01:05:06,200 --> 01:05:07,880
Speaker 3: genius and how much is pure insanity?

1424
01:05:08,360 --> 01:05:08,480
Speaker 11: Oh?

1425
01:05:08,600 --> 01:05:10,160
Speaker 13: I think it's ninety percent genius.

1426
01:05:10,480 --> 01:05:11,720
Speaker 1: The guy's unbelievable.

1427
01:05:12,000 --> 01:05:14,000
Speaker 13: I mean, We've never seen and I've been understood of

1428
01:05:14,080 --> 01:05:16,920
Speaker 13: a business reporter Wall Street journal managing eder of Forbes,

1429
01:05:17,120 --> 01:05:20,880
Speaker 13: anchor at CNBC, anchor at Fox Business for thirty plus years,

1430
01:05:21,160 --> 01:05:23,400
Speaker 13: and I've never seen anything like it. It's one thing

1431
01:05:23,440 --> 01:05:26,040
Speaker 13: to see Jeff Bezos, who once crashed a dinner party

1432
01:05:26,080 --> 01:05:27,200
Speaker 13: of mine and sat with me for an hour and

1433
01:05:27,240 --> 01:05:31,440
Speaker 13: a half. Great guy, fantastic laugh, amazing ambition. But he's

1434
01:05:31,480 --> 01:05:34,080
Speaker 13: been great at one thing and on Blue Origin his

1435
01:05:34,200 --> 01:05:36,160
Speaker 13: space rocket stuff, you get the feeling he's not that

1436
01:05:36,280 --> 01:05:39,280
Speaker 13: deeply involved. He leaves it to the engineers. Elon is

1437
01:05:39,480 --> 01:05:42,840
Speaker 13: super successful on half of different fronts and companies, and

1438
01:05:43,520 --> 01:05:48,000
Speaker 13: he gets deeply involved in each thing and is actually

1439
01:05:48,160 --> 01:05:52,120
Speaker 13: technically involved, and he continually amazes the engineers around him

1440
01:05:53,360 --> 01:05:55,560
Speaker 13: when he comes up with solutions that they just don't see,

1441
01:05:55,640 --> 01:05:58,440
Speaker 13: because then you get to that ten percent insanity that

1442
01:05:58,560 --> 01:06:01,280
Speaker 13: gives him that extra ability to see things that most

1443
01:06:01,320 --> 01:06:01,760
Speaker 13: people don't.

1444
01:06:01,760 --> 01:06:03,440
Speaker 3: All Right, Dennis, hold on a couple of moments, and

1445
01:06:03,640 --> 01:06:05,720
Speaker 3: we'll come back with more with Dennis Neil in a

1446
01:06:05,760 --> 01:06:07,720
Speaker 3: Moment thirteen Past the.

1447
01:06:07,920 --> 01:06:12,400
Speaker 2: Mike Hosking Breakfast Full Show podcast on iHeartRadio powered by

1448
01:06:12,480 --> 01:06:13,320
Speaker 2: News Talk zip.

1449
01:06:13,240 --> 01:06:18,840
Speaker 3: B News Talks sixteen Past eight X FOXIC CNBC. Dinnis

1450
01:06:18,880 --> 01:06:20,640
Speaker 3: Needls with us the book as the leadership Genius to

1451
01:06:20,680 --> 01:06:22,680
Speaker 3: be long must tell me Dennis about Teesla. See, I'm

1452
01:06:22,680 --> 01:06:25,400
Speaker 3: not a massive fan of Tesla. The genius I think

1453
01:06:25,440 --> 01:06:27,440
Speaker 3: of what he did with Tiesler was he beat everybody

1454
01:06:27,520 --> 01:06:29,200
Speaker 3: to it. So you know, he had an EV before

1455
01:06:29,200 --> 01:06:30,680
Speaker 3: the world had an EV. But now he's going to

1456
01:06:30,720 --> 01:06:33,000
Speaker 3: get beaten by the Chinese and badly. So what's you know,

1457
01:06:33,080 --> 01:06:34,160
Speaker 3: what's genius about that?

1458
01:06:34,720 --> 01:06:37,920
Speaker 13: Okay? So, first he bought into Tesla right with his

1459
01:06:38,000 --> 01:06:40,880
Speaker 13: own money. He staked I think seventy million, which was

1460
01:06:41,320 --> 01:06:44,400
Speaker 13: at the time a substantial portion of his own wealth,

1461
01:06:44,400 --> 01:06:46,520
Speaker 13: which you know, one ever does you raise other people's money.

1462
01:06:47,160 --> 01:06:49,360
Speaker 13: He did that and made it into something better than

1463
01:06:49,440 --> 01:06:51,360
Speaker 13: he than it ever would have been. But to me,

1464
01:06:51,520 --> 01:06:54,200
Speaker 13: the biggest gift of Tesla is I always said along

1465
01:06:54,320 --> 01:06:56,640
Speaker 13: I was an opponent of green policy. I thought it's

1466
01:06:56,840 --> 01:07:00,919
Speaker 13: there is no crisis. The profit, motive and and technological

1467
01:07:01,000 --> 01:07:04,000
Speaker 13: advance will take care of any threat. The thought that

1468
01:07:04,080 --> 01:07:07,400
Speaker 13: a four billion years old Earth suddenly is in danger

1469
01:07:07,520 --> 01:07:09,640
Speaker 13: only because of one hundred years of industrial use by

1470
01:07:09,720 --> 01:07:15,200
Speaker 13: humans seems a little arrogant, okay, And yet Tesla was

1471
01:07:15,280 --> 01:07:17,520
Speaker 13: a great car. People who drive it by it and

1472
01:07:17,640 --> 01:07:20,840
Speaker 13: drive it say his self driving goes something like one

1473
01:07:20,880 --> 01:07:24,080
Speaker 13: and a half million or two million miles without an accident.

1474
01:07:24,080 --> 01:07:25,720
Speaker 13: If you look at the whole fleet, that is three

1475
01:07:25,840 --> 01:07:28,760
Speaker 13: times the links without an accident of regular cars made

1476
01:07:28,800 --> 01:07:32,080
Speaker 13: by Detroit. He made a car that was better than

1477
01:07:32,240 --> 01:07:34,760
Speaker 13: other cars. Never mind whether it's electric or what it was.

1478
01:07:34,800 --> 01:07:36,680
Speaker 13: It was just a great car, and people love it.

1479
01:07:36,720 --> 01:07:39,640
Speaker 13: They feel out affection. But one other thing, there's this

1480
01:07:39,800 --> 01:07:44,120
Speaker 13: synergy that goes on but among all these different Elon businesses.

1481
01:07:44,560 --> 01:07:49,120
Speaker 13: So his Exai engine ai chat bought learns from reading

1482
01:07:49,200 --> 01:07:53,040
Speaker 13: stuff right, was able to read six thousand messages per

1483
01:07:53,160 --> 01:07:57,480
Speaker 13: second posted to the x platform that Elon owns. Meanwhile,

1484
01:07:57,560 --> 01:08:00,960
Speaker 13: the Tesla car it's self driving system changed a year

1485
01:08:01,000 --> 01:08:03,920
Speaker 13: or two ago over from lines of computer code. If

1486
01:08:04,040 --> 01:08:07,040
Speaker 13: then do this, If then then do that to instead

1487
01:08:07,160 --> 01:08:11,240
Speaker 13: reacting to video, eliminating the computer code in favor of

1488
01:08:11,520 --> 01:08:14,200
Speaker 13: ingested video. Very few other AI efforts have been able

1489
01:08:14,280 --> 01:08:17,599
Speaker 13: to do this. Now, all that information that ingests also

1490
01:08:17,720 --> 01:08:20,519
Speaker 13: can be fed to x AI, the platform that learns

1491
01:08:20,600 --> 01:08:23,640
Speaker 13: only by seeing and reading more things. So there's a

1492
01:08:23,680 --> 01:08:25,400
Speaker 13: way it hooks into everything. But then when he takes

1493
01:08:25,439 --> 01:08:28,760
Speaker 13: Tesla and he says, you know, if you're going on

1494
01:08:28,920 --> 01:08:31,719
Speaker 13: vacation for a month, there's no reason your car should

1495
01:08:31,720 --> 01:08:33,880
Speaker 13: sit idle. We can just order it up and have

1496
01:08:33,960 --> 01:08:35,720
Speaker 13: it go pick up people and get paid for you

1497
01:08:35,840 --> 01:08:37,800
Speaker 13: and you don't have to do anything because but we

1498
01:08:37,880 --> 01:08:40,479
Speaker 13: have self driving. So it ends up becoming its own

1499
01:08:40,560 --> 01:08:44,000
Speaker 13: taxi fleet. And then you look, Tesla has this robodies making.

1500
01:08:44,040 --> 01:08:47,160
Speaker 13: Have you seen this thing? It's human sized And by

1501
01:08:47,200 --> 01:08:48,960
Speaker 13: the way, one of the most fascinating things is that

1502
01:08:49,040 --> 01:08:52,920
Speaker 13: the human hand is one of the hardest things to replicate.

1503
01:08:53,360 --> 01:08:56,560
Speaker 13: Five fingers. It's why cartoon characters only have three, and

1504
01:08:57,040 --> 01:09:00,320
Speaker 13: yet this thing has five four fingers and a thumb

1505
01:09:00,439 --> 01:09:01,639
Speaker 13: perfectly operating.

1506
01:09:01,680 --> 01:09:01,960
Speaker 11: All right.

1507
01:09:02,400 --> 01:09:05,400
Speaker 13: Now, this thing supposed to make Tesla cars is going

1508
01:09:05,479 --> 01:09:07,240
Speaker 13: to end up, he thinks, being thousands of them in

1509
01:09:07,280 --> 01:09:10,040
Speaker 13: the home, right, But it also is ingesting everything, and

1510
01:09:10,120 --> 01:09:12,559
Speaker 13: it can feed that further to the AI engine. Its

1511
01:09:12,840 --> 01:09:16,880
Speaker 13: arm can end up being attached to an amputee thirty

1512
01:09:16,960 --> 01:09:18,920
Speaker 13: years from now, it's say, in the future, using the

1513
01:09:18,960 --> 01:09:22,320
Speaker 13: brain ship at his Neuralink Brainship company, so that an

1514
01:09:22,320 --> 01:09:25,120
Speaker 13: amputee could be using the brain chip to operate this

1515
01:09:25,240 --> 01:09:27,640
Speaker 13: mechanical arm. And that is from Olympus. I mean, so

1516
01:09:28,280 --> 01:09:30,240
Speaker 13: no one else sees how it all fits together. And

1517
01:09:30,320 --> 01:09:32,360
Speaker 13: I think Elon does, what do you do?

1518
01:09:32,479 --> 01:09:33,840
Speaker 3: What do your reason? He wants? With Trump?

1519
01:09:34,720 --> 01:09:37,960
Speaker 13: I truly believe he never would have gotten involved if

1520
01:09:38,000 --> 01:09:41,920
Speaker 13: he hadn't felt that America was about truly to tumble

1521
01:09:42,040 --> 01:09:44,680
Speaker 13: down into the woke mind virus and never come back

1522
01:09:44,720 --> 01:09:47,519
Speaker 13: from it. I think he did so reluctantly. He knows

1523
01:09:47,640 --> 01:09:49,760
Speaker 13: that he turns off half the audience, and he wants

1524
01:09:49,800 --> 01:09:52,880
Speaker 13: one hundred percent of the audience buying Tesla cars, all right.

1525
01:09:53,479 --> 01:09:58,040
Speaker 13: But and also because he has the zeal of a convert.

1526
01:09:58,080 --> 01:10:00,719
Speaker 13: He is an adopted American, he became a u A citizen.

1527
01:10:01,760 --> 01:10:04,439
Speaker 13: He has more appreciation for the First Amendment right to

1528
01:10:04,560 --> 01:10:08,519
Speaker 13: freedom of speech and free expression than most Americans. Do

1529
01:10:09,040 --> 01:10:11,280
Speaker 13: you know something like this is shocking to me? When

1530
01:10:11,280 --> 01:10:14,160
Speaker 13: I did the research on it, A third of Americans

1531
01:10:14,240 --> 01:10:19,920
Speaker 13: believe that preventing hate speech, which is protected by our

1532
01:10:20,000 --> 01:10:24,080
Speaker 13: First Amendment, preventing hate speech is more important than ensuring

1533
01:10:24,280 --> 01:10:28,120
Speaker 13: free speech. Well, you bunch of whimps and babies, how

1534
01:10:28,120 --> 01:10:30,160
Speaker 13: about you turn the channel. How about you don't listen

1535
01:10:30,240 --> 01:10:32,439
Speaker 13: to the hate speech. It's so upseting it makes you

1536
01:10:32,600 --> 01:10:35,840
Speaker 13: feel unsafe. You seek God. They actually talk about safe

1537
01:10:36,160 --> 01:10:39,600
Speaker 13: spaces at university campuses. What a bunch of babies. I

1538
01:10:39,640 --> 01:10:42,439
Speaker 13: can't even believe that. We got into a whole problem

1539
01:10:42,840 --> 01:10:46,559
Speaker 13: when we began to accept this term called harmful content,

1540
01:10:47,360 --> 01:10:51,080
Speaker 13: as if words they're mean can leap off the screen

1541
01:10:51,160 --> 01:10:54,439
Speaker 13: and smack you in the face. And so when someone

1542
01:10:54,520 --> 01:10:56,240
Speaker 13: smacks you in the face, you blame the words that

1543
01:10:56,280 --> 01:10:58,040
Speaker 13: made him do that, when you should blame the person

1544
01:10:58,080 --> 01:10:59,120
Speaker 13: that smacked you in the face.

1545
01:10:59,400 --> 01:10:59,920
Speaker 16: Stop with it.

1546
01:11:00,200 --> 01:11:04,559
Speaker 13: Because as soon as you decide content can be harmful, well,

1547
01:11:04,640 --> 01:11:06,720
Speaker 13: then now we got to restrain it. We got a

1548
01:11:06,800 --> 01:11:10,120
Speaker 13: censor it don't we And that is what Elon Musk

1549
01:11:10,360 --> 01:11:14,920
Speaker 13: utterly blew apart by spending forty four billion dollars, most

1550
01:11:15,000 --> 01:11:18,400
Speaker 13: of it his money and not an insane expense, by

1551
01:11:18,439 --> 01:11:22,720
Speaker 13: spending that to buy Twitter, read ab X and tell government, no,

1552
01:11:23,200 --> 01:11:26,240
Speaker 13: we're not going to censor thousands of voices that you

1553
01:11:26,479 --> 01:11:29,719
Speaker 13: don't like to hear. No weird thing happened. All social

1554
01:11:29,800 --> 01:11:33,880
Speaker 13: media continued censoring after the Twitter files came out, thanks

1555
01:11:33,920 --> 01:11:36,640
Speaker 13: to Elon Musk and Matt Taibi, the independent journalist and

1556
01:11:36,720 --> 01:11:40,160
Speaker 13: the guys he works with. All right, so so, but

1557
01:11:40,320 --> 01:11:42,960
Speaker 13: now finally Mark Zuckerberg just came out the other day

1558
01:11:43,000 --> 01:11:46,639
Speaker 13: and said, look, we're sorry, man, we like bowed the government.

1559
01:11:46,720 --> 01:11:48,920
Speaker 13: We censored like crazy. We want to literally, he said,

1560
01:11:48,960 --> 01:11:54,920
Speaker 13: quote restore free expression to Facebook, threads, Instagram. Now he

1561
01:11:54,960 --> 01:11:56,559
Speaker 13: says we're going to get rid of the fact checking

1562
01:11:56,640 --> 01:11:59,479
Speaker 13: based on liberal media who are biased. Clearly, he says,

1563
01:11:59,479 --> 01:12:01,360
Speaker 13: we're going to do community notes the way X does.

1564
01:12:01,600 --> 01:12:03,960
Speaker 13: So that means that much of the social media world

1565
01:12:04,080 --> 01:12:07,760
Speaker 13: is going to go toward the ex approach. And yet

1566
01:12:08,360 --> 01:12:11,240
Speaker 13: the media and politicians told us he had destroyed Twitter,

1567
01:12:11,640 --> 01:12:14,760
Speaker 13: it was going to die. He's ruined it. And yet today,

1568
01:12:14,760 --> 01:12:17,320
Speaker 13: it's stronger than ever before. It is the most powerful

1569
01:12:17,360 --> 01:12:20,320
Speaker 13: media platform in the world. And he did that, and

1570
01:12:20,400 --> 01:12:23,240
Speaker 13: he did the Trump thing at considerable risk, just because

1571
01:12:23,280 --> 01:12:25,720
Speaker 13: he felt like there was no other choice. But how

1572
01:12:25,800 --> 01:12:29,679
Speaker 13: long Mike, before that relationship gets rendered asunder the new

1573
01:12:30,080 --> 01:12:33,080
Speaker 13: chief of staff, this woman that Trump put in. You know,

1574
01:12:33,200 --> 01:12:37,479
Speaker 13: Mark Cuban, the billionaire said that he doesn't surround himself

1575
01:12:37,479 --> 01:12:40,200
Speaker 13: with strong women. And Trump is the first president to

1576
01:12:40,240 --> 01:12:42,400
Speaker 13: ever have a woman as chief of staff. She, you know,

1577
01:12:42,640 --> 01:12:45,600
Speaker 13: Elon has an office in the executive wing. Okay, so

1578
01:12:45,680 --> 01:12:47,599
Speaker 13: he's not in the White House, and she's now making

1579
01:12:47,640 --> 01:12:50,840
Speaker 13: sure he doesn't have direct contact with Trump unless he

1580
01:12:51,000 --> 01:12:53,640
Speaker 13: goes through her. And that's got to be frustrating for

1581
01:12:53,680 --> 01:12:55,400
Speaker 13: him because he's been hanging out and living at Mar

1582
01:12:55,439 --> 01:12:58,960
Speaker 13: A Lago for weeks and like partying with Baron and

1583
01:12:59,240 --> 01:13:02,400
Speaker 13: hanging with Trump. But then once he becomes president, you

1584
01:13:02,520 --> 01:13:06,400
Speaker 13: get kind of secundent or secreted and no one can

1585
01:13:06,479 --> 01:13:08,439
Speaker 13: get to you. And it's got to be frustrating. And

1586
01:13:08,560 --> 01:13:10,240
Speaker 13: I know that the Democrats and the media are working

1587
01:13:10,280 --> 01:13:13,679
Speaker 13: hard as they can and some Trump allies to break

1588
01:13:13,760 --> 01:13:15,320
Speaker 13: up that relationship. They fear it.

1589
01:13:15,560 --> 01:13:18,160
Speaker 3: Dennis got to go but I appreciate your time. Dennis Neil.

1590
01:13:18,240 --> 01:13:21,959
Speaker 3: The book is the leadership genius of Elon Musk eight twenty.

1591
01:13:21,800 --> 01:13:25,679
Speaker 2: Three, The Mike Hosking Breakfast with the Range, Rover Villa

1592
01:13:26,000 --> 01:13:26,800
Speaker 2: News Talk sad B.

1593
01:13:27,680 --> 01:13:29,639
Speaker 3: Now, of course, our ead US thirty five Living World

1594
01:13:29,680 --> 01:13:32,680
Speaker 3: communities have regular resident happy hours, Yes they do, but

1595
01:13:32,800 --> 01:13:35,640
Speaker 3: they also have scenic van trips and movie events and

1596
01:13:35,760 --> 01:13:38,200
Speaker 3: walking groups that end up at local cafe. Some villagers,

1597
01:13:38,240 --> 01:13:40,599
Speaker 3: by the way, have musical bands, perform regular boat trips

1598
01:13:40,640 --> 01:13:43,599
Speaker 3: for the fishing. Others have ebike adventures, indoor and outdoor

1599
01:13:43,640 --> 01:13:45,559
Speaker 3: bowls championships, and for those who like to be more

1600
01:13:45,640 --> 01:13:48,360
Speaker 3: hands on, there's the craft and workshop groups where they're

1601
01:13:48,360 --> 01:13:51,720
Speaker 3: always making something useful and creatable. Maybe you'd rather be

1602
01:13:51,800 --> 01:13:54,400
Speaker 3: in the community garden with the other king gardeners while

1603
01:13:54,400 --> 01:13:56,160
Speaker 3: you're other half of singing in the village singing group.

1604
01:13:56,160 --> 01:13:58,040
Speaker 3: There's so much going on, you see. It's the resident

1605
01:13:58,240 --> 01:14:01,920
Speaker 3: lead social call that create the vibrant communities and r

1606
01:14:02,000 --> 01:14:04,519
Speaker 3: vida's thirty five locations throughout this beautiful country of ours.

1607
01:14:04,720 --> 01:14:06,400
Speaker 3: So you make twenty twenty five the year of new

1608
01:14:06,439 --> 01:14:09,240
Speaker 3: beginnings and new friendships with a new home in one

1609
01:14:09,280 --> 01:14:12,160
Speaker 3: of our Vida's retirement community. So to find your nearest

1610
01:14:12,240 --> 01:14:15,600
Speaker 3: r Vida living will community book that tour, you go

1611
01:14:15,680 --> 01:14:18,560
Speaker 3: to our Vida dot co dot zi. Vida's a r

1612
01:14:18,760 --> 01:14:22,160
Speaker 3: v I d a r Vida dot co dot In

1613
01:14:22,360 --> 01:14:24,960
Speaker 3: z ask We've got to catch up with Rod. The

1614
01:14:25,080 --> 01:14:27,320
Speaker 3: another storm coming in we had we had the big

1615
01:14:27,400 --> 01:14:29,560
Speaker 3: one last week, but we've got mania coming in to

1616
01:14:29,640 --> 01:14:30,519
Speaker 3: certain parts of the country.

1617
01:14:30,520 --> 01:14:30,880
Speaker 1: At the moment.

1618
01:14:31,000 --> 01:14:33,720
Speaker 3: Wh Smith still the high Street in Britain looks to

1619
01:14:33,760 --> 01:14:36,360
Speaker 3: be a mess. Wh Smith two hundred and thirty two

1620
01:14:36,439 --> 01:14:39,000
Speaker 3: years old. They're looking to sell five one hundred and

1621
01:14:39,520 --> 01:14:42,400
Speaker 3: twenty of the high street stores. Rod with that and

1622
01:14:42,520 --> 01:14:44,280
Speaker 3: much more out of the news, which is next?

1623
01:14:44,560 --> 01:14:45,479
Speaker 13: You use talk.

1624
01:14:47,640 --> 01:14:50,800
Speaker 2: The only report you need to start your day from

1625
01:14:50,960 --> 01:14:54,679
Speaker 2: my casking breakfast with Bailey's real Estate finding the buyers

1626
01:14:54,880 --> 01:14:56,439
Speaker 2: others can't use togs ed vs.

1627
01:14:56,680 --> 01:15:00,639
Speaker 3: Before I leave Elon Musk, I list to a It's long,

1628
01:15:00,960 --> 01:15:04,120
Speaker 3: like too many podcasts are. And if I ruled the world,

1629
01:15:04,479 --> 01:15:07,479
Speaker 3: I would contain podcasts in terms of their length, because

1630
01:15:07,680 --> 01:15:10,000
Speaker 3: there is a thing in podcasting whereby you just think,

1631
01:15:10,040 --> 01:15:11,920
Speaker 3: because it's a podcast, you can talk for as long

1632
01:15:11,960 --> 01:15:14,200
Speaker 3: as you like, and the audience is going to stay

1633
01:15:14,240 --> 01:15:16,839
Speaker 3: with you anyway. This was an hour ten hour fifteen,

1634
01:15:17,360 --> 01:15:20,080
Speaker 3: but it did contain some really interesting information. It involved

1635
01:15:20,080 --> 01:15:22,640
Speaker 3: a guy called Mark and Dreesen, and he's a billionaire

1636
01:15:23,080 --> 01:15:25,439
Speaker 3: out of Silicon Valley and he was being interviewed by

1637
01:15:25,439 --> 01:15:26,720
Speaker 3: a bloke who was a pain at the bump but

1638
01:15:26,760 --> 01:15:30,080
Speaker 3: big that as it may. Andreasen has been loosely associated

1639
01:15:30,120 --> 01:15:35,160
Speaker 3: with Elon Musk and the veck in Doge, So in

1640
01:15:35,240 --> 01:15:37,920
Speaker 3: other words, he claims he's unpaid in turn, which is

1641
01:15:38,120 --> 01:15:40,920
Speaker 3: just him being funny. But nevertheless, they've gone into these

1642
01:15:41,000 --> 01:15:43,000
Speaker 3: departments and they've had a look at DOGE and that.

1643
01:15:43,360 --> 01:15:46,679
Speaker 3: Listen to the interview because the size of the American

1644
01:15:46,720 --> 01:15:49,680
Speaker 3: public service will astound you. The number of people who

1645
01:15:49,680 --> 01:15:52,240
Speaker 3: don't go to work will astound you. And that's why

1646
01:15:52,320 --> 01:15:54,400
Speaker 3: you got the work from home thing being announced by

1647
01:15:54,560 --> 01:15:57,240
Speaker 3: the President the other day. Anyway, what they've found as

1648
01:15:57,320 --> 01:16:02,040
Speaker 3: part of this Doge thing is just extraordinary and the

1649
01:16:02,120 --> 01:16:06,120
Speaker 3: problems that they're facing in saving themselves billions upon billions

1650
01:16:06,160 --> 01:16:08,400
Speaker 3: upon billions of dollars. Mark and recent have a look

1651
01:16:08,400 --> 01:16:10,600
Speaker 3: at him and look him up and listen to his

1652
01:16:10,720 --> 01:16:12,439
Speaker 3: latest podcast, twenty two minutes away from.

1653
01:16:12,400 --> 01:16:16,920
Speaker 17: Nine International correspondence with Insigne Eye Insurance Peace of Mind

1654
01:16:17,000 --> 01:16:19,080
Speaker 17: for New Zealand Business right the I writ can we go?

1655
01:16:19,200 --> 01:16:21,120
Speaker 3: And my old Mike lord Little's beck let us rod

1656
01:16:21,200 --> 01:16:22,400
Speaker 3: morning to your happy new Year.

1657
01:16:23,320 --> 01:16:25,839
Speaker 11: I'm all intoineer and happy new Year. And I said battery.

1658
01:16:26,000 --> 01:16:27,960
Speaker 3: Now a couple of storms. There was the big one

1659
01:16:28,080 --> 01:16:29,760
Speaker 3: last week and now you got another one. Is this

1660
01:16:29,880 --> 01:16:31,559
Speaker 3: one not as bad as last week? And how much

1661
01:16:31,640 --> 01:16:33,040
Speaker 3: damage is being done? And who's been hit?

1662
01:16:34,320 --> 01:16:36,559
Speaker 11: I like this one because it's just flattened the south

1663
01:16:36,600 --> 01:16:39,599
Speaker 11: of the country and I'm in the north. Last week

1664
01:16:39,720 --> 01:16:43,680
Speaker 11: flattened the north, so you know we were snowed in

1665
01:16:43,880 --> 01:16:48,240
Speaker 11: for a week or so and then that was just

1666
01:16:48,360 --> 01:16:51,720
Speaker 11: in January, and then a bit later the windness blew

1667
01:16:51,760 --> 01:16:55,080
Speaker 11: a lot. Meanwhile, floods have been visited, particularly on the

1668
01:16:55,160 --> 01:17:00,719
Speaker 11: southwest Somerset Devons around there. There's snowed out are happening

1669
01:17:00,760 --> 01:17:05,080
Speaker 11: more often. The Met office over here tends to exaggerate

1670
01:17:05,160 --> 01:17:09,840
Speaker 11: them all and says do not go out, Never go out,

1671
01:17:09,920 --> 01:17:15,680
Speaker 11: you will die, which is silly. But because they exaggerate

1672
01:17:15,760 --> 01:17:18,920
Speaker 11: the problem, people tend to take it rather lately. But

1673
01:17:19,000 --> 01:17:20,840
Speaker 11: there's no doubt that these storms are happening more and

1674
01:17:20,880 --> 01:17:21,320
Speaker 11: more often.

1675
01:17:21,520 --> 01:17:26,040
Speaker 3: Okay, just some of my reading. These are generalizations, but

1676
01:17:26,120 --> 01:17:27,840
Speaker 3: I just want your take on what's going on. That's

1677
01:17:27,920 --> 01:17:32,400
Speaker 3: Rachel Reeves business, whereby Starma says that she will remain

1678
01:17:32,479 --> 01:17:35,040
Speaker 3: in her role for the quote the whole of this parliament.

1679
01:17:35,120 --> 01:17:37,559
Speaker 3: So she's clearly got some credibility problem. She goes off

1680
01:17:37,600 --> 01:17:39,760
Speaker 3: to China, drums up a little bit of business, but

1681
01:17:39,840 --> 01:17:41,800
Speaker 3: not much. Then she seems to be backing down on

1682
01:17:41,920 --> 01:17:44,400
Speaker 3: her text promises, after all the millionaires decided to pack

1683
01:17:44,479 --> 01:17:46,559
Speaker 3: up and leave Britain, all of that sort of thing.

1684
01:17:46,800 --> 01:17:48,439
Speaker 3: How much trouble is she in?

1685
01:17:49,960 --> 01:17:52,320
Speaker 11: Lots She's in a lot of trouble, but she is

1686
01:17:52,400 --> 01:17:56,040
Speaker 11: tied so closely to kiss Starma that Starma is probably

1687
01:17:56,200 --> 01:17:59,560
Speaker 11: right in saying, you know, she stays with me for

1688
01:17:59,640 --> 01:18:03,719
Speaker 11: that you're the duration being the length of his tenure

1689
01:18:03,760 --> 01:18:08,200
Speaker 11: in number ten Downing Street. I suspect she's in trouble

1690
01:18:08,240 --> 01:18:11,120
Speaker 11: because we have kind of negative economic growths and inflation

1691
01:18:11,320 --> 01:18:14,040
Speaker 11: is going to rise. Having said that growth is a

1692
01:18:14,120 --> 01:18:16,919
Speaker 11: priority for the government, she then puts up national insurance,

1693
01:18:16,960 --> 01:18:20,880
Speaker 11: and it's surprised to notice that growth ceases entirely, you know,

1694
01:18:21,080 --> 01:18:24,559
Speaker 11: because companies can't pay their staff anymore. They can't invest

1695
01:18:24,720 --> 01:18:27,280
Speaker 11: more money because they've got these new bills to deal with.

1696
01:18:28,160 --> 01:18:32,120
Speaker 11: She has increasingly been seen to be an elephant around

1697
01:18:32,160 --> 01:18:36,160
Speaker 11: the neck of this government, but there is not much

1698
01:18:36,240 --> 01:18:40,679
Speaker 11: at the moment Starma can do about it. How sorry,

1699
01:18:40,760 --> 01:18:40,920
Speaker 11: go on?

1700
01:18:41,280 --> 01:18:43,280
Speaker 3: How bad is the economy? Because I'm reading this morning

1701
01:18:43,439 --> 01:18:46,599
Speaker 3: wh Smith yet another high street operator, I at two

1702
01:18:46,640 --> 01:18:48,479
Speaker 3: hundred years old. They're looking to sell five hundred and

1703
01:18:48,520 --> 01:18:50,519
Speaker 3: twenty of these stores. How big are problems he got?

1704
01:18:50,600 --> 01:18:52,559
Speaker 3: Economically speaking, it's.

1705
01:18:52,400 --> 01:18:56,160
Speaker 11: A huge problem, particularly in terms of economic growth. He

1706
01:18:56,360 --> 01:18:58,200
Speaker 11: also has to cope with the fact, or she has

1707
01:18:58,240 --> 01:19:03,360
Speaker 11: to cope with the fact that after the election, ten thousand,

1708
01:19:03,439 --> 01:19:07,080
Speaker 11: eight hundred millionaires left the country. This is the equivalent

1709
01:19:07,160 --> 01:19:11,280
Speaker 11: of something like five hundred and fifty thousand average rate taxpayers.

1710
01:19:12,439 --> 01:19:15,840
Speaker 11: It's lost billions to the treasury, and people are beginning

1711
01:19:15,880 --> 01:19:19,000
Speaker 11: to wake up and notice that now because the people

1712
01:19:19,080 --> 01:19:22,679
Speaker 11: who are coming into the country aren't millionsaires at all,

1713
01:19:23,160 --> 01:19:26,720
Speaker 11: and may not have the intellectual prowess of millionaires either.

1714
01:19:27,040 --> 01:19:30,840
Speaker 11: So it's a real problem, And the biggest problem is

1715
01:19:30,880 --> 01:19:34,519
Speaker 11: a failure to get anything in the anything close to

1716
01:19:34,680 --> 01:19:37,160
Speaker 11: growth when we were expected to grow a little bit

1717
01:19:37,200 --> 01:19:39,320
Speaker 11: and have begun to grow a little bit under the Tories.

1718
01:19:40,439 --> 01:19:43,400
Speaker 3: I'm reading this poll out last week with Reform on

1719
01:19:43,520 --> 01:19:47,160
Speaker 3: twenty four, labor on twenty five, Laborer down nine. Is

1720
01:19:47,200 --> 01:19:49,920
Speaker 3: that did people not know what they were voting for?

1721
01:19:50,520 --> 01:19:53,240
Speaker 3: Or is this just you know, things aren't going as

1722
01:19:53,280 --> 01:19:54,799
Speaker 3: well as we thought, so we're a bit grumpy.

1723
01:19:56,560 --> 01:19:58,760
Speaker 11: I think the latter. I think basically people thought we've

1724
01:19:58,800 --> 01:20:01,400
Speaker 11: had enough of the Conservative what a new government? Oh,

1725
01:20:01,479 --> 01:20:04,360
Speaker 11: they don't look too bad. They did give out an

1726
01:20:04,400 --> 01:20:09,240
Speaker 11: aura of competence before they came into power, an aura

1727
01:20:09,320 --> 01:20:17,679
Speaker 11: which is somewhat evaporated over the last three or four months. Reform, Yes,

1728
01:20:17,960 --> 01:20:21,519
Speaker 11: are doing well. There is a problem there with Reform though.

1729
01:20:21,640 --> 01:20:24,439
Speaker 11: They do find it hard to get above twenty five percent.

1730
01:20:26,040 --> 01:20:29,519
Speaker 11: It looks like that's a kind of ceiling for them

1731
01:20:29,600 --> 01:20:32,800
Speaker 11: in so far as the vote goes. Now, this may

1732
01:20:33,000 --> 01:20:36,080
Speaker 11: change with the advent of the Trump election in America,

1733
01:20:36,680 --> 01:20:40,560
Speaker 11: and when Trump says he gets rid of all diversity,

1734
01:20:40,640 --> 01:20:44,320
Speaker 11: equity and inclusion targets and actually does so on day one,

1735
01:20:44,680 --> 01:20:47,240
Speaker 11: people suddenly saying, oh my god, you can actually change

1736
01:20:47,320 --> 01:20:50,760
Speaker 11: the country. You can do these things. So I think

1737
01:20:50,880 --> 01:20:53,599
Speaker 11: that might well play in reforms favor.

1738
01:20:53,920 --> 01:20:56,160
Speaker 3: Yeah, so you should say that because I've written another piece,

1739
01:20:56,320 --> 01:20:58,760
Speaker 3: this is Starmer, and he was talking about curbing what

1740
01:20:58,840 --> 01:21:03,040
Speaker 3: he called nimbi eagal blocks on infrastructure, and so all

1741
01:21:03,040 --> 01:21:04,960
Speaker 3: the people who sue the garment. Every time you announce

1742
01:21:05,040 --> 01:21:07,120
Speaker 3: something big, like a railway line or a wind farmer

1743
01:21:07,160 --> 01:21:09,320
Speaker 3: a ride, somebody sues you and stops it happening. It

1744
01:21:09,360 --> 01:21:12,799
Speaker 3: happens here as well. I mean that to me sounds

1745
01:21:12,880 --> 01:21:15,640
Speaker 3: like the right thing to do. Is it him just

1746
01:21:15,800 --> 01:21:18,280
Speaker 3: saying that or he doesn't know how to do it

1747
01:21:19,000 --> 01:21:20,479
Speaker 3: or what's the problem.

1748
01:21:21,840 --> 01:21:24,840
Speaker 11: Well, what he has to do is to unpick so

1749
01:21:25,160 --> 01:21:31,320
Speaker 11: much legislation, so many rules and regulations, and also at

1750
01:21:31,360 --> 01:21:34,920
Speaker 11: the same time devalue an awful lot of local authorities

1751
01:21:34,960 --> 01:21:36,880
Speaker 11: who have the power to stop them sort something he's

1752
01:21:36,960 --> 01:21:40,360
Speaker 11: talking about, and who are very often, in the majority

1753
01:21:40,400 --> 01:21:43,040
Speaker 11: of cases, run by the Labor Party. You know, it's

1754
01:21:43,080 --> 01:21:45,720
Speaker 11: a labor party. You put these restrictions in there, the

1755
01:21:46,120 --> 01:21:51,240
Speaker 11: regulations and restrictions, so it's very difficult sometimes for the

1756
01:21:51,320 --> 01:21:54,840
Speaker 11: Labor Party to undo them. But yeah, you're right. I mean,

1757
01:21:54,960 --> 01:21:57,240
Speaker 11: as far as Trump's concerned. And they had a conversation

1758
01:21:57,439 --> 01:22:02,680
Speaker 11: Trump and Starma a couple of days ago. Yeah, where

1759
01:22:03,439 --> 01:22:06,439
Speaker 11: starmatid indeed stress the fact rather like a kind of

1760
01:22:06,640 --> 01:22:09,719
Speaker 11: errand schoolboy that he was going to scrap regulations across

1761
01:22:09,760 --> 01:22:12,120
Speaker 11: the country and so on. Apparently got a lot of

1762
01:22:12,200 --> 01:22:15,400
Speaker 11: approval from Trump for that. But it's still the case

1763
01:22:15,520 --> 01:22:20,520
Speaker 11: that there there is no warmth between the Trump administration

1764
01:22:20,640 --> 01:22:21,360
Speaker 11: and this government.

1765
01:22:21,520 --> 01:22:23,880
Speaker 3: Always a thrill. Might we'll catch up again Thursday. Appreciate it,

1766
01:22:24,000 --> 01:22:26,559
Speaker 3: Roder Littlebeck for twenty twenty five dollars you lasked week

1767
01:22:26,560 --> 01:22:29,160
Speaker 3: that I wasn't so. Rod Beck with us on Thursday

1768
01:22:29,200 --> 01:22:32,559
Speaker 3: morning on the mic Asking Breakfast. It's quarter two the.

1769
01:22:32,680 --> 01:22:37,040
Speaker 2: Mic Asking Breakfast Full Show podcast on iHeartRadio powered by

1770
01:22:37,120 --> 01:22:37,839
Speaker 2: News Talks.

1771
01:22:37,640 --> 01:22:40,439
Speaker 3: A b in away from nine, sir. So this wild thing,

1772
01:22:40,479 --> 01:22:42,160
Speaker 3: which as far as I can work out, has got

1773
01:22:42,360 --> 01:22:44,400
Speaker 3: basically no coverage whatsoever. But this was part of the

1774
01:22:44,479 --> 01:22:47,920
Speaker 3: National Science Challenge, and it was swept through by people

1775
01:22:48,000 --> 01:22:49,920
Speaker 3: like David Seymour who were looking to save money. In

1776
01:22:50,040 --> 01:22:52,800
Speaker 3: totally ended up saving four hundred and eighty six million dollars.

1777
01:22:52,800 --> 01:22:54,599
Speaker 3: They found four hundred and eighty six million dollars worth

1778
01:22:54,640 --> 01:22:57,639
Speaker 3: of waste. Some of that waste was this National Science Challenge.

1779
01:22:57,680 --> 01:22:59,240
Speaker 3: This is the story you haven't heard of. It's called

1780
01:22:59,280 --> 01:23:04,360
Speaker 3: the Oranger Well Being Project. Five step research project. As

1781
01:23:04,400 --> 01:23:07,519
Speaker 3: part of this challenge brings together the country's top scientist

1782
01:23:07,600 --> 01:23:09,720
Speaker 3: to use the best science to address the challenges. So far,

1783
01:23:09,880 --> 01:23:11,960
Speaker 3: no big deal. One of the things they were doing

1784
01:23:12,080 --> 01:23:17,240
Speaker 3: was testing to see if using Mari world views would

1785
01:23:17,280 --> 01:23:19,559
Speaker 3: help in the fight against Carie die back in mittle Rust.

1786
01:23:21,840 --> 01:23:24,400
Speaker 3: This particular project began in twenty twenty only stopped in

1787
01:23:24,439 --> 01:23:27,280
Speaker 3: March of last year. So twenty twenty, twenty one, twenty two,

1788
01:23:27,479 --> 01:23:33,519
Speaker 3: twenty three, twenty four scientists looked at the relationship that

1789
01:23:33,640 --> 01:23:39,400
Speaker 3: Maori believe exists between the sperm whale and the curry tree.

1790
01:23:40,320 --> 01:23:45,400
Speaker 3: They investigated solutions like praying for Cari and singing songs

1791
01:23:45,439 --> 01:23:49,200
Speaker 3: of sadness to see if that helps heal the tree.

1792
01:23:50,800 --> 01:23:53,080
Speaker 3: They collected different Can you imagine being a new government,

1793
01:23:53,080 --> 01:23:54,679
Speaker 3: you come and go where am I going to save somnia?

1794
01:23:54,680 --> 01:23:57,040
Speaker 3: And you stumble upon this you honestly you'll be pinching

1795
01:23:57,040 --> 01:23:59,599
Speaker 3: yourself and you'll be thinking. You'll be thinking this cannot

1796
01:23:59,600 --> 01:24:08,759
Speaker 3: be real, won't you. They collected different whale songs and sounds,

1797
01:24:08,840 --> 01:24:13,599
Speaker 3: mixed those whale sounds with sounds from healthy cowrie forests.

1798
01:24:13,720 --> 01:24:15,320
Speaker 3: The sound how do you have you got a sound

1799
01:24:15,360 --> 01:24:18,160
Speaker 3: of a healthy carry forest? Needling ex give us the

1800
01:24:18,200 --> 01:24:21,840
Speaker 3: sound of a healthy cowrie forest, and they played it

1801
01:24:22,920 --> 01:24:24,919
Speaker 3: in unhealthy carrie forests?

1802
01:24:27,560 --> 01:24:31,120
Speaker 1: The was it they.

1803
01:24:32,920 --> 01:24:37,720
Speaker 3: They played it in unhealthy carry forests? Is that a

1804
01:24:37,800 --> 01:24:43,599
Speaker 3: scientist to assess whether the whale music could be soothing

1805
01:24:43,640 --> 01:24:44,040
Speaker 3: and healing?

1806
01:24:44,479 --> 01:24:46,880
Speaker 12: I think one of them might be a code tree

1807
01:24:47,080 --> 01:24:48,720
Speaker 12: could be if you listen carefully.

1808
01:24:52,760 --> 01:24:56,960
Speaker 3: Said an unhappy carry sound? Very happy dying back? He's

1809
01:24:57,040 --> 01:25:04,479
Speaker 3: dying back a rush rush anyway. This is all on

1810
01:25:04,520 --> 01:25:08,960
Speaker 3: the MB page. The project leaders openly admit that this

1811
01:25:09,120 --> 01:25:11,920
Speaker 3: research is a way to give Maori knowledge equal footing

1812
01:25:12,000 --> 01:25:14,080
Speaker 3: with science, and claim that it doesn't need to meet

1813
01:25:14,120 --> 01:25:17,840
Speaker 3: scientific standards because it's about restoring life force rather than

1814
01:25:17,920 --> 01:25:19,360
Speaker 3: achieving measurable results.

1815
01:25:21,120 --> 01:25:23,559
Speaker 12: Man, you'd throw a few midichlorins in there and you'd

1816
01:25:23,600 --> 01:25:25,120
Speaker 12: have somebody who's in touch.

1817
01:25:25,040 --> 01:25:25,519
Speaker 1: With the force.

1818
01:25:26,320 --> 01:25:30,439
Speaker 3: Four zero point two seven million dollars we spent on that,

1819
01:25:33,920 --> 01:25:34,640
Speaker 3: and you want to was it?

1820
01:25:34,680 --> 01:25:36,480
Speaker 12: Submitted by Obi Wan Kenobi.

1821
01:25:38,040 --> 01:25:40,439
Speaker 3: And away from nine the Mic.

1822
01:25:40,360 --> 01:25:43,519
Speaker 1: Asking Breakfast with Bailey's real estate news togs.

1823
01:25:43,560 --> 01:25:46,040
Speaker 3: The'd be no, it's got an unmistakable silhouette. We've got

1824
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1825
01:25:49,800 --> 01:25:51,719
Speaker 3: Not only what are we talking at the raindrover evoke,

1826
01:25:51,800 --> 01:25:54,000
Speaker 3: of course, and not only does the EVOAT carry rain

1827
01:25:54,080 --> 01:25:57,160
Speaker 3: drovers design, DNA carries over forty five years of innovation

1828
01:25:57,280 --> 01:25:59,639
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1829
01:25:59,680 --> 01:26:02,280
Speaker 3: a bot plug in hybrid engine. So you've got an

1830
01:26:02,320 --> 01:26:04,519
Speaker 3: electric range of up to sixty one k's, you get

1831
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Speaker 3: your rapid DC charging, you can explore the city streets

1832
01:26:06,960 --> 01:26:09,639
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1833
01:26:09,680 --> 01:26:12,280
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1834
01:26:12,280 --> 01:26:15,240
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Speaker 3: technologies in its class, including the clear Site Review Mirror,

1836
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1837
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Speaker 3: which provides three hundred and sixty degree view of your

1838
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Speaker 3: surroundings for confident maneuvering. The evokes cabinetir purification plus monitors

1839
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1840
01:26:31,400 --> 01:26:34,160
Speaker 3: and the immersive Meridian sound system means you're going to

1841
01:26:34,240 --> 01:26:36,559
Speaker 3: feel every track. It's brilliant until March that he won.

1842
01:26:36,640 --> 01:26:40,599
Speaker 3: The evokes pev comes with a free FNX home AC charger.

1843
01:26:40,880 --> 01:26:42,200
Speaker 3: Plug it in at the end of the day, Ready

1844
01:26:42,240 --> 01:26:44,920
Speaker 3: to go tomorrow, visit your local retailers a day in Charge,

1845
01:26:45,120 --> 01:26:49,200
Speaker 3: end of the future with the Randrover Evoke pasking Mike,

1846
01:26:49,960 --> 01:26:51,960
Speaker 3: welcome back, all the best for the new year, Great

1847
01:26:52,000 --> 01:26:54,439
Speaker 3: AFC Championship game yesterday. The only floor I can see

1848
01:26:54,479 --> 01:26:56,599
Speaker 3: is Patrick Mahomes's game, as you cannot spike the football.

1849
01:26:56,640 --> 01:26:58,840
Speaker 3: The reference there is the game between the Bills and

1850
01:26:58,920 --> 01:27:01,880
Speaker 3: the Chiefs. Yes, he scored. He ran across the line

1851
01:27:01,920 --> 01:27:03,559
Speaker 3: to Patrick Mahomes and he went to spike the ball

1852
01:27:03,600 --> 01:27:05,000
Speaker 3: and the ball fell out of his hand and looked

1853
01:27:05,080 --> 01:27:08,040
Speaker 3: very embarrassing. But nevertheless, the Chiefs got home by three

1854
01:27:08,080 --> 01:27:09,720
Speaker 3: points over the Bill. So they go on to the

1855
01:27:09,760 --> 01:27:13,240
Speaker 3: Super Bowl and they will face the Philadelphia Eagles, who

1856
01:27:13,600 --> 01:27:15,960
Speaker 3: spanked at the Commanders. The Commanders should not have been there,

1857
01:27:16,000 --> 01:27:18,439
Speaker 3: because the Commanders went to Detroit the week before and

1858
01:27:18,520 --> 01:27:20,599
Speaker 3: should have lost, but didn't play the game of their life.

1859
01:27:20,600 --> 01:27:21,920
Speaker 3: And you thought at the time as you watched it,

1860
01:27:22,120 --> 01:27:23,599
Speaker 3: I wonder if they're playing the game of their life

1861
01:27:23,600 --> 01:27:25,960
Speaker 3: and it's all downhill from there. Indeed it was so

1862
01:27:26,080 --> 01:27:29,160
Speaker 3: by the time they got to Philadelphia yesterday. Philadelphia is

1863
01:27:29,200 --> 01:27:31,559
Speaker 3: ready for them. Philadelphia should not be in the super Bowl.

1864
01:27:31,720 --> 01:27:33,800
Speaker 3: Detroit should be in the super Bowl. But that is

1865
01:27:33,880 --> 01:27:38,160
Speaker 3: the wonderful, weird world of the NFL five minutes away

1866
01:27:38,160 --> 01:27:38,799
Speaker 3: from nine.

1867
01:27:39,040 --> 01:27:43,840
Speaker 2: Trending now with chemist Well's keeping Kiwi's healthy all year.

1868
01:27:43,760 --> 01:27:45,479
Speaker 3: Round, the American markets will be interesting to see if

1869
01:27:45,479 --> 01:27:47,439
Speaker 3: it affects US today on the markets. But Deep Seek

1870
01:27:47,520 --> 01:27:50,439
Speaker 3: came from nowhere out of China overnight, so it's all

1871
01:27:50,479 --> 01:27:54,240
Speaker 3: the tech stocks, particularly in VideA, taking a bath this

1872
01:27:54,479 --> 01:27:59,600
Speaker 3: morning because basically what deep Seek seems to do, it

1873
01:28:00,000 --> 01:28:02,920
Speaker 3: doesn't use that many chips. And this morning a YouTuber

1874
01:28:03,000 --> 01:28:05,360
Speaker 3: cooled Matthew Boom and take youtuba has put it to

1875
01:28:05,439 --> 01:28:08,519
Speaker 3: the taste. Can Deep Seek create the collape for the

1876
01:28:08,560 --> 01:28:09,759
Speaker 3: game Tatris from scratch?

1877
01:28:09,920 --> 01:28:13,439
Speaker 14: It's these types of kind of internal reflections during the

1878
01:28:13,840 --> 01:28:17,280
Speaker 14: internal monologue that are most impressive to me. It catches

1879
01:28:17,320 --> 01:28:21,719
Speaker 14: itself as it's thinking through the problem. This is exactly

1880
01:28:21,840 --> 01:28:25,800
Speaker 14: how humans think. Okay, Now, after many, many minutes and

1881
01:28:26,360 --> 01:28:29,320
Speaker 14: lots of thinking, it finally gave me the Tetris game.

1882
01:28:29,400 --> 01:28:31,200
Speaker 14: The final lot put one hundred and seventy nine lines

1883
01:28:31,240 --> 01:28:33,560
Speaker 14: of code. Let's test if it works. So there we go,

1884
01:28:34,040 --> 01:28:38,000
Speaker 14: saved play. Hopefully it works after that much thinking, oh

1885
01:28:38,200 --> 01:28:41,640
Speaker 14: my goodness, look at that. Yeah, it actually works. So

1886
01:28:41,720 --> 01:28:44,439
Speaker 14: let's see what happens when we land new piece. Yep,

1887
01:28:44,560 --> 01:28:46,040
Speaker 14: new piece. Let's see if it's going to give me

1888
01:28:46,080 --> 01:28:48,760
Speaker 14: a separate piece or a different piece. I should say,

1889
01:28:49,000 --> 01:28:51,480
Speaker 14: there it is. This is very impressive.

1890
01:28:51,960 --> 01:28:55,559
Speaker 3: So it's very impressive. So deep Seak literally, as Andrew

1891
01:28:55,680 --> 01:28:58,240
Speaker 3: was telling us that you're on, seemingly none of us

1892
01:28:58,320 --> 01:29:00,880
Speaker 3: knew what was going on, and then video was going

1893
01:29:00,960 --> 01:29:03,240
Speaker 3: to be worth hundreds of trillions of dollars. And then

1894
01:29:03,280 --> 01:29:04,960
Speaker 3: suddenly the chins go, hey, look what we've gotten.

1895
01:29:04,960 --> 01:29:07,320
Speaker 12: Then suddenly the market and now reports that people are

1896
01:29:07,360 --> 01:29:10,040
Speaker 12: selling off their bitcoin because they think that somehow it's connected.

1897
01:29:10,920 --> 01:29:13,080
Speaker 12: And I tried to sign up for deep seat this

1898
01:29:13,200 --> 01:29:15,880
Speaker 12: morning to ask it some probing questions. You can't get it,

1899
01:29:16,080 --> 01:29:18,720
Speaker 12: can't you can't get on because apparently they're trying to

1900
01:29:18,840 --> 01:29:20,240
Speaker 12: fend off some malicious attack.

1901
01:29:20,560 --> 01:29:26,040
Speaker 3: Right, the most downloaded app in America overnight, but chet GPT.

1902
01:29:26,479 --> 01:29:30,800
Speaker 3: So she's an evolving and interesting world, which is the

1903
01:29:30,840 --> 01:29:33,439
Speaker 3: sort of world we like, and reppell them anyway. That's

1904
01:29:33,520 --> 01:29:36,120
Speaker 3: us for there's only three hundred and twelve of theays

1905
01:29:36,120 --> 01:29:39,000
Speaker 3: to go till Christmas time or thereabouts. Back tomorrow morning

1906
01:29:39,080 --> 01:29:41,000
Speaker 3: from six Happy Days.

1907
01:29:44,560 --> 01:29:47,439
Speaker 2: For more from the Mic Asking breakfast, listen live to

1908
01:29:47,600 --> 01:29:50,639
Speaker 2: news talks. It'd be from six am weekdays, or follow

1909
01:29:50,720 --> 01:29:52,240
Speaker 2: the podcast on iHeartRadio