1 00:00:00,320 --> 00:00:04,600 Speaker 1: Is your source of freaking news, challenging opinion and honors facts, 2 00:00:04,800 --> 00:00:09,400 Speaker 1: the Mike Hosking Breakfast with a Vida, Retirement, Communities, Life, 3 00:00:09,560 --> 00:00:11,960 Speaker 1: your Way, News, togs heads and welcome today. 4 00:00:12,000 --> 00:00:14,520 Speaker 2: The pre trade negotiations under way within the year. But 5 00:00:14,600 --> 00:00:16,960 Speaker 2: our film industry of course reading over these one hundred 6 00:00:16,960 --> 00:00:19,439 Speaker 2: percent tariffs on movies. So John Key on sparking up 7 00:00:19,480 --> 00:00:21,880 Speaker 2: the New Zealand economy. You moves to fire up tourism 8 00:00:21,880 --> 00:00:24,840 Speaker 2: as well. Nick Brian on democracy, elections and the flight 9 00:00:24,880 --> 00:00:29,840 Speaker 2: to familiarity. Catherine and France rod in the UK Hosking 10 00:00:30,160 --> 00:00:32,400 Speaker 2: seven Poser six Welcome to the day Now regulars will 11 00:00:32,400 --> 00:00:34,240 Speaker 2: know my view on the pending sale of the Fontira 12 00:00:34,320 --> 00:00:36,919 Speaker 2: consumer business. If you're not up with the Playfonterra want 13 00:00:36,920 --> 00:00:40,400 Speaker 2: to offload various brands Mainland Capity anchor the stuff you 14 00:00:40,440 --> 00:00:43,479 Speaker 2: see in the supermarkets. They argue they're better at the 15 00:00:43,479 --> 00:00:46,240 Speaker 2: bulk stuff like milk powder and the associated by products, 16 00:00:46,240 --> 00:00:48,040 Speaker 2: the R and E being of course, one of the 17 00:00:48,600 --> 00:00:50,560 Speaker 2: one of the by products of milk powder is ice 18 00:00:50,600 --> 00:00:53,720 Speaker 2: cream and cheese. So a road show was held, Explanations 19 00:00:53,760 --> 00:00:55,840 Speaker 2: were offered to the shareholders and the latest news as 20 00:00:55,920 --> 00:00:59,720 Speaker 2: we have some interested parties. Now interested parties is a 21 00:00:59,720 --> 00:01:02,240 Speaker 2: double edged sword. Good that we have people wanting to 22 00:01:02,280 --> 00:01:04,080 Speaker 2: hand over cash, that'll be good for the price of 23 00:01:04,080 --> 00:01:06,679 Speaker 2: this a bit of competition, but not so good because 24 00:01:06,720 --> 00:01:09,760 Speaker 2: interest to me means people see what Fontira don't want to, 25 00:01:10,440 --> 00:01:13,000 Speaker 2: making it a bit tricky. Is Miles Hurrel, who's been 26 00:01:13,040 --> 00:01:15,360 Speaker 2: on this program and explained very clearly why he's doing 27 00:01:15,360 --> 00:01:17,280 Speaker 2: what he's doing, And who am I, or indeed anyone 28 00:01:17,319 --> 00:01:19,720 Speaker 2: to argue with Miles, given Miles has done an amazing 29 00:01:19,800 --> 00:01:21,920 Speaker 2: job with the company and seems on a bit of 30 00:01:21,959 --> 00:01:24,840 Speaker 2: a role. But one of the interested parties is Lactalis. 31 00:01:25,040 --> 00:01:27,440 Speaker 2: Now who are they? Well, they're the biggest dairy player 32 00:01:27,600 --> 00:01:30,200 Speaker 2: in the world, which sort of backs up my point. 33 00:01:30,480 --> 00:01:32,920 Speaker 2: How is it a French dairy giant wants a bit 34 00:01:32,920 --> 00:01:35,280 Speaker 2: of what a New zealandery giant doesn't. How Come a 35 00:01:35,319 --> 00:01:37,320 Speaker 2: company in the same market sees what I see and 36 00:01:37,400 --> 00:01:40,520 Speaker 2: Fontira doesn't. What is it they can do to accompany 37 00:01:40,600 --> 00:01:44,200 Speaker 2: they buy that Fontira apparently count this is all related activity. 38 00:01:44,200 --> 00:01:47,199 Speaker 2: Of course, there's nothing stopping Fontira being good at ice 39 00:01:47,240 --> 00:01:50,919 Speaker 2: cream or butter or skim milk. Are they seemingly decide 40 00:01:50,920 --> 00:01:54,480 Speaker 2: they just don't want to be And would Miles say, Lactalis, 41 00:01:54,560 --> 00:01:57,400 Speaker 2: I suppose that their sort of scale globally could market 42 00:01:57,440 --> 00:01:59,640 Speaker 2: and sell in a way we never could. Now if 43 00:01:59,640 --> 00:02:02,200 Speaker 2: he said that, he might have a point. But until 44 00:02:02,200 --> 00:02:04,480 Speaker 2: that becomes clear, my argument, I think is still alive. 45 00:02:04,680 --> 00:02:07,400 Speaker 2: I am not convinced they are. They aren't making a 46 00:02:07,400 --> 00:02:11,760 Speaker 2: big mistake, and at this level, a very expensive one 47 00:02:12,320 --> 00:02:14,920 Speaker 2: used at the world in ninety second, Well, the big 48 00:02:14,960 --> 00:02:17,079 Speaker 2: days in Britain at the moment it's eighty years since 49 00:02:17,080 --> 00:02:19,160 Speaker 2: the end of the war V E day are there 50 00:02:19,160 --> 00:02:22,320 Speaker 2: are bank holidays galore. They've rolled out Timothy's spall, no 51 00:02:22,440 --> 00:02:25,280 Speaker 2: list to conjure up the memories, no long years to come. 52 00:02:26,639 --> 00:02:29,440 Speaker 3: Not only were the people of this island, but of 53 00:02:29,480 --> 00:02:34,040 Speaker 3: the world wherever the bird of freedom chirps in human arts, 54 00:02:34,320 --> 00:02:36,960 Speaker 3: look back to what we have done, and they will say, 55 00:02:37,240 --> 00:02:38,480 Speaker 3: do not despair. 56 00:02:39,040 --> 00:02:40,480 Speaker 2: Pet was a codebreaker. 57 00:02:40,720 --> 00:02:45,400 Speaker 4: We sort of instinctively headed to the palace. We thought 58 00:02:45,639 --> 00:02:48,320 Speaker 4: the king would have power, and they did come out 59 00:02:48,360 --> 00:02:53,079 Speaker 4: on the Belclare and everybody child and you know, a 60 00:02:53,240 --> 00:02:54,880 Speaker 4: great feeling of celebration. 61 00:02:55,160 --> 00:02:57,079 Speaker 2: Exactly. There are some very good photos this morning of 62 00:02:57,120 --> 00:02:59,360 Speaker 2: the royals on that palace balcony that are worth looking up. 63 00:02:59,360 --> 00:03:01,160 Speaker 2: And after that they set down to tea with a 64 00:03:01,200 --> 00:03:09,799 Speaker 2: few of the vets. Special at least we could do. Yeah, 65 00:03:09,800 --> 00:03:12,760 Speaker 2: they seem very comfortable, lovely, lovely family. As I say, 66 00:03:12,800 --> 00:03:15,160 Speaker 2: look up the pictures. Ironically, as they remember one war, 67 00:03:15,200 --> 00:03:17,360 Speaker 2: they seemingly haven't learned many lessons given a current one 68 00:03:17,360 --> 00:03:20,160 Speaker 2: is still a mess. 69 00:03:20,480 --> 00:03:23,800 Speaker 5: We decided to take intensified action in Gaza. That was 70 00:03:23,840 --> 00:03:26,880 Speaker 5: the Chief of Staff's recommendation, to move, as he said, 71 00:03:27,040 --> 00:03:29,919 Speaker 5: toward the defeat of hamas he believes this will also 72 00:03:29,960 --> 00:03:31,320 Speaker 5: help us rescue the hostages. 73 00:03:31,400 --> 00:03:34,280 Speaker 2: And I agree with him and Gaza it's all but hopeless. 74 00:03:36,840 --> 00:03:39,800 Speaker 6: We can no longer bear the pressure the war, the killing, 75 00:03:39,880 --> 00:03:40,880 Speaker 6: the death and bombing. 76 00:03:41,240 --> 00:03:45,640 Speaker 2: We can no longer endure anything. What more can happen? 77 00:03:45,960 --> 00:03:49,840 Speaker 5: Children have died, children have been displaced, children have gone hungry. 78 00:03:50,240 --> 00:03:52,120 Speaker 2: And then we come to the movie business. Roll the 79 00:03:52,120 --> 00:03:55,120 Speaker 2: credits if they're not willing to make a movie inside 80 00:03:55,760 --> 00:03:58,400 Speaker 2: the United States, and we should have a tariff when 81 00:03:58,400 --> 00:03:59,400 Speaker 2: movies had come in. 82 00:04:00,040 --> 00:04:02,840 Speaker 7: And not only that, governments are actually giving big money. 83 00:04:02,880 --> 00:04:04,240 Speaker 6: I mean there's reporting them. 84 00:04:04,040 --> 00:04:07,280 Speaker 2: Finance, so that's sort of a threat to our country. 85 00:04:07,280 --> 00:04:09,760 Speaker 2: In a sense on that he is right and disputably, 86 00:04:09,840 --> 00:04:11,880 Speaker 2: and we'll talk about our role in this shortly. Finally, 87 00:04:11,920 --> 00:04:14,240 Speaker 2: insight into the American hygiene. We've got the survey from 88 00:04:14,240 --> 00:04:17,640 Speaker 2: the National Foundation from Infectious Diseases. It's found almost half 89 00:04:17,640 --> 00:04:20,080 Speaker 2: of all participants either forgot or chose not to wash 90 00:04:20,120 --> 00:04:24,599 Speaker 2: their hands at key times. Sixty two percent said washing 91 00:04:24,640 --> 00:04:26,840 Speaker 2: your hands for twenty seconds with soap and borughtem wasn't 92 00:04:26,839 --> 00:04:29,200 Speaker 2: he the correct method? Well, twenty percent chose not to 93 00:04:29,279 --> 00:04:31,760 Speaker 2: wash their hands at all because they either believed the 94 00:04:31,800 --> 00:04:34,800 Speaker 2: practice isn't necessary, they didn't have time, or they didn't 95 00:04:34,839 --> 00:04:38,080 Speaker 2: want their hands to dry out. Perhaps not surprisingly, the 96 00:04:38,080 --> 00:04:40,200 Speaker 2: sixty prices wash their hands more than any other group, 97 00:04:40,240 --> 00:04:44,159 Speaker 2: and women wash their hands more than that. As new 98 00:04:44,200 --> 00:04:45,960 Speaker 2: as the world of ninety You're going to have a 99 00:04:46,000 --> 00:04:47,880 Speaker 2: government in Germany tomorrow. I think the good Lord if 100 00:04:47,920 --> 00:04:50,760 Speaker 2: you every time we complain about negotiations and how they 101 00:04:50,800 --> 00:04:52,760 Speaker 2: take too long in this country, tried Germany. I mean, 102 00:04:53,160 --> 00:04:54,880 Speaker 2: tell me when the election was and tell me how 103 00:04:54,880 --> 00:04:57,880 Speaker 2: long this is all taken. Anyway, they've literally just a 104 00:04:57,920 --> 00:05:01,600 Speaker 2: short time ago signed the actual co deal. They take 105 00:05:01,680 --> 00:05:05,920 Speaker 2: office tomorrow. This will be the CDU their barbarian sister party, 106 00:05:06,000 --> 00:05:10,360 Speaker 2: the CSU and the German Social Democrats the SPD. They 107 00:05:10,480 --> 00:05:14,839 Speaker 2: vowed reform tomorrow quote unquote, you will get a government 108 00:05:14,880 --> 00:05:18,680 Speaker 2: that is determined to move Germany fords with reforms and investments, 109 00:05:18,680 --> 00:05:21,880 Speaker 2: so said the new Chancellor, mister Metz. Twelve pas six. 110 00:05:24,800 --> 00:05:29,559 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio, Power 111 00:05:29,680 --> 00:05:30,680 Speaker 1: by News Talks EB. 112 00:05:32,839 --> 00:05:35,760 Speaker 2: I'm reading about Greg Able this morning. Who after the weekend, 113 00:05:35,760 --> 00:05:38,159 Speaker 2: Warren Buffet said, I'm retiring and Able was on the stage. 114 00:05:38,160 --> 00:05:40,120 Speaker 2: We talked about this this time yesterday and he didn't 115 00:05:40,160 --> 00:05:42,479 Speaker 2: know what was coming anyway. Fun fact for you this 116 00:05:42,560 --> 00:05:45,520 Speaker 2: Tuesday morning, Warren Buffett return. Guess how many percent to investors? 117 00:05:45,520 --> 00:05:48,040 Speaker 2: What sort of return on investment did Warren Buffett give 118 00:05:48,080 --> 00:05:55,000 Speaker 2: then investors? Five million? Five million percent? Fifteen? And jam 119 00:05:55,000 --> 00:05:56,279 Speaker 2: I Ralph Andrew kellerher. 120 00:05:56,120 --> 00:05:58,159 Speaker 8: Good morning, very good morning, Mike. 121 00:05:58,279 --> 00:06:00,400 Speaker 2: Now, the American economy, what are we go? We've got 122 00:06:00,400 --> 00:06:01,560 Speaker 2: some numbers. What's the read? 123 00:06:02,120 --> 00:06:05,239 Speaker 9: Yeah, So the US markets that they've navigated their way 124 00:06:05,279 --> 00:06:07,680 Speaker 9: through the first trading day of the week and it 125 00:06:07,839 --> 00:06:12,120 Speaker 9: looks relatively under control. Unfortunately, at this point we had 126 00:06:12,120 --> 00:06:14,039 Speaker 9: that winning Street going on the s and P five 127 00:06:14,120 --> 00:06:17,039 Speaker 9: hundred and nine consecutive days looks under a little bit 128 00:06:17,080 --> 00:06:18,760 Speaker 9: of threat because right now the S and P five 129 00:06:18,839 --> 00:06:20,680 Speaker 9: hundred is down ten basis points. 130 00:06:20,720 --> 00:06:23,480 Speaker 8: So we just need to we need to gigg it. 131 00:06:23,400 --> 00:06:24,800 Speaker 9: Along a little bit and get it up so we 132 00:06:24,839 --> 00:06:26,279 Speaker 9: get ten consecutive days. 133 00:06:26,800 --> 00:06:27,760 Speaker 8: We might not get there. 134 00:06:27,800 --> 00:06:30,799 Speaker 9: So look, we continue to be reasonably hyper sensitive actually 135 00:06:30,880 --> 00:06:33,600 Speaker 9: over there to every data print. So we're trawling through 136 00:06:33,640 --> 00:06:36,160 Speaker 9: these numbers to get a read on the impact that 137 00:06:36,200 --> 00:06:39,120 Speaker 9: the introduction of tariffs is having on the US economy. 138 00:06:39,160 --> 00:06:41,880 Speaker 9: You know what effect is the uncertainty having. This week 139 00:06:41,920 --> 00:06:45,039 Speaker 9: we head into another Federal Reserve discussion on the level 140 00:06:45,040 --> 00:06:47,120 Speaker 9: of the Fed fund rape, so we'll get their read 141 00:06:47,400 --> 00:06:49,880 Speaker 9: on what's going on and potentially fire up that Trump 142 00:06:49,920 --> 00:06:50,680 Speaker 9: Pale standoff. 143 00:06:50,680 --> 00:06:50,960 Speaker 8: Again. 144 00:06:51,400 --> 00:06:53,120 Speaker 9: Not a lot of dub this week, but overnight we 145 00:06:53,160 --> 00:06:56,600 Speaker 9: did have the Institute of Supply Managers their Services Index. 146 00:06:56,640 --> 00:07:00,000 Speaker 9: Now this follows on from the Partner Survey their manufacturing 147 00:07:00,080 --> 00:07:03,640 Speaker 9: index last week, which although it was in contraction of territory, 148 00:07:03,680 --> 00:07:07,120 Speaker 9: was actually a little bit better than expected. Services index 149 00:07:07,160 --> 00:07:11,800 Speaker 9: overnight similar outcome fifty one point six, So it's inexpansionary 150 00:07:11,880 --> 00:07:15,440 Speaker 9: territory and higher than the previous reading, and also higher 151 00:07:15,480 --> 00:07:18,560 Speaker 9: than economists had expected as well. So, Mike, if you 152 00:07:18,600 --> 00:07:21,160 Speaker 9: take a little step back, because you know, if in doubt, 153 00:07:21,320 --> 00:07:23,679 Speaker 9: zoom out. If I look at the last couple of weeks, 154 00:07:24,000 --> 00:07:26,960 Speaker 9: the data has been reasonably resilient and probably a little 155 00:07:26,960 --> 00:07:30,800 Speaker 9: bit better than expected accept for these blooming confidence surveys. 156 00:07:30,840 --> 00:07:33,280 Speaker 8: So but you dig into the detail and there are 157 00:07:33,320 --> 00:07:34,160 Speaker 8: some warning signs. 158 00:07:34,160 --> 00:07:36,840 Speaker 9: So if I look inside the services index, this thing 159 00:07:36,920 --> 00:07:39,200 Speaker 9: called the price is paid index, So this points to 160 00:07:39,320 --> 00:07:42,040 Speaker 9: what a price is doing, points to inflation that jumped 161 00:07:42,080 --> 00:07:45,480 Speaker 9: four point two point four point two points, so it's 162 00:07:45,520 --> 00:07:45,800 Speaker 9: at a. 163 00:07:45,760 --> 00:07:46,440 Speaker 8: Two year high. 164 00:07:46,440 --> 00:07:49,320 Speaker 9: It's sixty five point one the next level, and forty 165 00:07:49,320 --> 00:07:52,720 Speaker 9: percent of purchasing managers are now reporting higher prices. So look, 166 00:07:52,760 --> 00:07:54,960 Speaker 9: I've warned Mike about the data that it's going to 167 00:07:55,000 --> 00:07:56,280 Speaker 9: be noisy, probably a little. 168 00:07:56,120 --> 00:07:58,280 Speaker 8: Bit more unreliable than it would normally be. 169 00:07:58,480 --> 00:08:01,120 Speaker 9: But there was an interesting comment with in all of 170 00:08:01,120 --> 00:08:03,120 Speaker 9: the comments that came through in the data, and that's 171 00:08:03,160 --> 00:08:06,520 Speaker 9: that the actual concern for purchasing managers are the real 172 00:08:06,720 --> 00:08:10,080 Speaker 9: pricing impacts. Yes, the uncertainty is one thing, but it's 173 00:08:10,120 --> 00:08:13,119 Speaker 9: when it starts hitting the hard data. But you know, generally, 174 00:08:13,200 --> 00:08:15,120 Speaker 9: so it's when the sort of rubber starts hitting the road. 175 00:08:15,120 --> 00:08:18,360 Speaker 9: We also got the final read on the larger the 176 00:08:18,400 --> 00:08:21,400 Speaker 9: S and P Global PMI overnight, so that went from 177 00:08:21,400 --> 00:08:24,080 Speaker 9: the provisional reading of fifty one point two down to 178 00:08:24,200 --> 00:08:28,200 Speaker 9: fifty point six. Also, the COMPSONT Index from fifty one 179 00:08:28,240 --> 00:08:30,640 Speaker 9: point two also weaken down to fifty point six. But 180 00:08:30,720 --> 00:08:34,560 Speaker 9: what you have seen like this slightly stronger data. You 181 00:08:34,600 --> 00:08:36,720 Speaker 9: go back a week or two ago and the markets 182 00:08:36,720 --> 00:08:39,640 Speaker 9: were expecting four interest rate cuts from the Fed. This week, 183 00:08:39,800 --> 00:08:42,160 Speaker 9: they've pared that back to three because the data is 184 00:08:42,200 --> 00:08:43,760 Speaker 9: coming out a little bit better than expecting. 185 00:08:44,080 --> 00:08:46,839 Speaker 2: And speaking of which, what about the Chinese and their manufacturing. 186 00:08:47,160 --> 00:08:48,839 Speaker 9: Yeah, so we sort of made a commitment to try 187 00:08:48,880 --> 00:08:50,920 Speaker 9: and keep the sort of China data current because one 188 00:08:50,960 --> 00:08:53,280 Speaker 9: side of the tariff uncertainty is obviously the US economy. 189 00:08:53,400 --> 00:08:55,679 Speaker 8: The flip side of that coin is what's happening in China. 190 00:08:55,880 --> 00:08:57,760 Speaker 9: Now, we did get a view into this last week 191 00:08:57,800 --> 00:09:01,480 Speaker 9: with these pmis again coming out of Asia and China, 192 00:09:01,960 --> 00:09:04,280 Speaker 9: and I guess what, reflecting what I've been saying about 193 00:09:04,320 --> 00:09:05,880 Speaker 9: the US, the China number. 194 00:09:05,880 --> 00:09:07,760 Speaker 8: A little bit better than expected at. 195 00:09:07,640 --> 00:09:11,040 Speaker 9: The headline, So you've got what's effectively a trade embargo 196 00:09:11,120 --> 00:09:13,960 Speaker 9: between the US and China, got things like TMU and Shine. 197 00:09:13,960 --> 00:09:17,319 Speaker 9: They're shipping stuff from China to America anymore. You've got 198 00:09:17,320 --> 00:09:20,679 Speaker 9: the anecdotal evidence from the likes of Zuru, you know, 199 00:09:20,960 --> 00:09:25,320 Speaker 9: potentially sort of slowing production while they assess how to respond. 200 00:09:25,360 --> 00:09:28,280 Speaker 9: In the face of all that, the Kaijin PMI was 201 00:09:28,360 --> 00:09:33,120 Speaker 9: still above fifty, still expansionally. Admittedly it's easing, but not 202 00:09:33,320 --> 00:09:35,560 Speaker 9: to the degree that may have been expected. So we're 203 00:09:35,600 --> 00:09:39,520 Speaker 9: not actually seeing sort of cratering damage yet. Look new 204 00:09:39,640 --> 00:09:41,920 Speaker 9: orders growth that did ease to a seven month low. 205 00:09:42,000 --> 00:09:45,480 Speaker 9: You started to see this renewed fall in exports, slight 206 00:09:45,520 --> 00:09:50,320 Speaker 9: reduction employment. Business confidence slipped to the third lowest on record. 207 00:09:50,520 --> 00:09:52,360 Speaker 9: I look at the official. 208 00:09:51,760 --> 00:09:53,800 Speaker 8: PMI that was below fifty. 209 00:09:54,280 --> 00:09:57,960 Speaker 9: Again we're seeing we're seeing some evidence their new export orders. 210 00:09:58,040 --> 00:10:00,880 Speaker 9: They're at their lowest level since December two, twenty two. 211 00:10:01,280 --> 00:10:04,959 Speaker 9: But you are seeing a theme of hesitancy across Asia. 212 00:10:05,600 --> 00:10:07,320 Speaker 9: If I look at pepper like and sort of key 213 00:10:07,360 --> 00:10:11,200 Speaker 9: exports like Taiwan, their pmight that was downbeat, forty seven 214 00:10:11,240 --> 00:10:14,439 Speaker 9: point eight, that fell. They're downbeat for the first time 215 00:10:14,440 --> 00:10:17,640 Speaker 9: at eighteen months. South Korea business conditions worsened as well. 216 00:10:17,679 --> 00:10:20,600 Speaker 9: Sharpe has fallen output a new order since mid twenty 217 00:10:20,640 --> 00:10:22,719 Speaker 9: twenty three. The PM on their forty seven point one. 218 00:10:22,920 --> 00:10:26,480 Speaker 9: So you are seeing a global impact. Asia will slow 219 00:10:26,520 --> 00:10:28,839 Speaker 9: but at this stage not quite as bad as you 220 00:10:28,920 --> 00:10:32,200 Speaker 9: might have expected from the headlines. That is our backyard though, 221 00:10:32,280 --> 00:10:35,480 Speaker 9: and but at this stage holding up only numbers yep. 222 00:10:35,520 --> 00:10:37,560 Speaker 9: So the Dow Jones is up one hundred and thirteen points, 223 00:10:37,640 --> 00:10:40,959 Speaker 9: about a quarter percent, forty one, four hundred and twenty eight. 224 00:10:41,080 --> 00:10:42,760 Speaker 9: As I said, the S and P five hundred, it's 225 00:10:42,760 --> 00:10:44,760 Speaker 9: down ten points. We just need to get that up 226 00:10:44,760 --> 00:10:47,079 Speaker 9: a little bit five six seven seven. At the moment, 227 00:10:47,280 --> 00:10:50,559 Speaker 9: the Nasdaq seventeen nine hundred and forty two is down 228 00:10:50,760 --> 00:10:54,160 Speaker 9: point two percent. The Forts one hundred, well, they didn't 229 00:10:54,160 --> 00:10:56,079 Speaker 9: trade overnight, as you just said, they're having a holiday. 230 00:10:56,400 --> 00:10:57,400 Speaker 8: The NICK up three. 231 00:10:57,280 --> 00:10:59,440 Speaker 9: Hundred and seventy eight points, just over one percent, three 232 00:10:59,559 --> 00:11:02,760 Speaker 9: six eight three to oh. The OSSI's yesterday they greeted 233 00:11:02,760 --> 00:11:05,560 Speaker 9: the new government with a one percent fall in the 234 00:11:05,559 --> 00:11:07,920 Speaker 9: A six two hundred eighty one five eight the clothes 235 00:11:08,000 --> 00:11:09,760 Speaker 9: there and the n SX fifty they had a good 236 00:11:09,840 --> 00:11:12,760 Speaker 9: day up three cores of percent. Ninety three points twelve thousand, 237 00:11:13,080 --> 00:11:15,520 Speaker 9: four hundred and twenty one Keemi dollar point five nine 238 00:11:15,640 --> 00:11:19,560 Speaker 9: sixty two against the US point nine triple two against 239 00:11:19,600 --> 00:11:22,600 Speaker 9: the ossie point five two seven six euro point four 240 00:11:22,679 --> 00:11:25,199 Speaker 9: four to nine agst. The pound eighty five point nine 241 00:11:25,200 --> 00:11:29,160 Speaker 9: two Japanese yen gold still strong, trading at three thousand, 242 00:11:29,360 --> 00:11:33,040 Speaker 9: three hundred and fifteen US dollars. Brent crude still just 243 00:11:33,160 --> 00:11:36,440 Speaker 9: hanging around the sixty dollars sixty dollars and thirty three cents, 244 00:11:36,440 --> 00:11:37,160 Speaker 9: so a little. 245 00:11:36,880 --> 00:11:39,240 Speaker 2: Bit weak, good as it should be. Putting more into 246 00:11:39,240 --> 00:11:40,920 Speaker 2: the market. That's what happens. Nice to see you, Andrew 247 00:11:41,000 --> 00:11:45,600 Speaker 2: Kelleher jmiwalth dot co dot n Z Bubleway sketches deal 248 00:11:45,679 --> 00:11:48,800 Speaker 2: this morning on Oby the world's rooted shoes, the sketches 249 00:11:48,880 --> 00:11:50,599 Speaker 2: or just the second or third rout of shoes in 250 00:11:50,600 --> 00:11:53,280 Speaker 2: the world. You got crocs, burks and sketches. Anyway, there's 251 00:11:53,280 --> 00:11:55,600 Speaker 2: a private equity firm called three G Capital, who, by 252 00:11:55,640 --> 00:11:58,959 Speaker 2: the way, not particularly worried about the tariffs. They see 253 00:11:58,960 --> 00:12:01,320 Speaker 2: it as a long term ply they're a good company 254 00:12:01,480 --> 00:12:04,200 Speaker 2: and they paid a thirty percent premium. So what is 255 00:12:04,200 --> 00:12:06,840 Speaker 2: the company that makes sketches worth try nine and a 256 00:12:06,880 --> 00:12:11,280 Speaker 2: half billion dollars six twenty one. Your News Talk said be. 257 00:12:16,200 --> 00:12:20,680 Speaker 1: The Mic Hosking Breakfast Full Show podcast on iHeartRadio powered 258 00:12:20,720 --> 00:12:21,679 Speaker 1: by News Talks at B. 259 00:12:22,720 --> 00:12:25,520 Speaker 2: Just to wrap up Romania for now, the guy SimMan 260 00:12:25,720 --> 00:12:28,640 Speaker 2: won it recentably handsomely, actually came up with almost forty 261 00:12:28,679 --> 00:12:30,040 Speaker 2: one percent of the boat. In fact, they were looking 262 00:12:30,040 --> 00:12:31,560 Speaker 2: for fifty. If he got fifty, it would have been over, 263 00:12:31,600 --> 00:12:34,400 Speaker 2: but they didn't, so forty point one forty point nine rather, 264 00:12:34,840 --> 00:12:36,880 Speaker 2: and the other bloke got twenty one. So they're going 265 00:12:36,920 --> 00:12:38,600 Speaker 2: to have a run off the eighteenth of a lot 266 00:12:38,640 --> 00:12:40,719 Speaker 2: of angst in Europe around that because a lot of 267 00:12:40,760 --> 00:12:43,760 Speaker 2: business is done through Romania, mainly out of Ukraine. So 268 00:12:43,880 --> 00:12:47,320 Speaker 2: this guy is very pro Trump, pro Russia. So it'll 269 00:12:47,360 --> 00:12:49,520 Speaker 2: be interesting to see what happens next. Now, movie time, 270 00:12:49,600 --> 00:12:52,520 Speaker 2: of which we're a major part of course, he's here's Trump. 271 00:12:52,600 --> 00:12:54,600 Speaker 2: He putting the boot into California. 272 00:12:54,280 --> 00:13:00,360 Speaker 7: Are film industry has been decimated by other countries, take amount, 273 00:13:00,400 --> 00:13:03,160 Speaker 7: and also by incompetence, like in Los Angeles, the governor 274 00:13:03,240 --> 00:13:05,680 Speaker 7: is a grossly incompetent man. He's just allowed it to 275 00:13:05,720 --> 00:13:09,840 Speaker 7: be taken away from you know, Hollywood, Hollywood doesn't do 276 00:13:10,000 --> 00:13:12,480 Speaker 7: very much of that business. They have the nice side 277 00:13:12,559 --> 00:13:14,800 Speaker 7: and everything's good, but they don't do very much. 278 00:13:15,200 --> 00:13:18,800 Speaker 1: Trending now with the Kimmer Square House your one stuff 279 00:13:18,800 --> 00:13:20,079 Speaker 1: for Mother's Day fragrances. 280 00:13:20,200 --> 00:13:22,199 Speaker 2: One thing they have done is got Denzel Washington Spike 281 00:13:22,320 --> 00:13:25,600 Speaker 2: Lee back together again new project Highest to Lowest English 282 00:13:25,720 --> 00:13:28,640 Speaker 2: language remake of an old school Japanese movie called High 283 00:13:28,720 --> 00:13:31,959 Speaker 2: and Low Music Mogul suddenly becomes the focus of a 284 00:13:32,040 --> 00:13:34,760 Speaker 2: ransom plot, faces moral dilemmas along the way. 285 00:13:35,280 --> 00:13:38,360 Speaker 8: There's more to life than just making money. 286 00:13:39,200 --> 00:13:40,120 Speaker 10: It's integrity. 287 00:13:40,120 --> 00:13:41,200 Speaker 8: It is what you stand for. 288 00:13:41,320 --> 00:13:43,200 Speaker 11: It's what you actually believe. 289 00:13:44,440 --> 00:13:47,800 Speaker 2: If you believe in yourself, you believe you'll be successful. 290 00:13:52,760 --> 00:13:54,520 Speaker 12: And the hard time will come from the good times. 291 00:13:54,559 --> 00:13:56,440 Speaker 12: The hard time will come from success. The hard time 292 00:13:56,480 --> 00:14:02,880 Speaker 12: will come from the money and then mayhem followers. So 293 00:14:03,080 --> 00:14:05,120 Speaker 12: can you handle the man? Can you handle the money? 294 00:14:05,160 --> 00:14:07,280 Speaker 12: Can you handle the success? Can you handle the failure? 295 00:14:07,320 --> 00:14:09,360 Speaker 12: Can you handle the lovers? Can you handle the memes? 296 00:14:09,800 --> 00:14:12,079 Speaker 2: Can you handle everything that there is in between? 297 00:14:15,800 --> 00:14:18,160 Speaker 11: That's the question I have for you. 298 00:14:18,160 --> 00:14:18,960 Speaker 10: Can you handle it? 299 00:14:20,240 --> 00:14:23,560 Speaker 2: Denzel Washington, Dean Winter's Jeffrey Wright. No, I'd never heard 300 00:14:23,560 --> 00:14:24,840 Speaker 2: of them. I lock them up and I still really 301 00:14:24,920 --> 00:14:26,680 Speaker 2: hadn't one of them turned up in thirty Rock and 302 00:14:27,000 --> 00:14:29,680 Speaker 2: Lauren Order and stuff. Asap. Rocky's in There is going 303 00:14:29,720 --> 00:14:32,440 Speaker 2: to hit to theatres August twenty two. It will eventually 304 00:14:32,520 --> 00:14:36,400 Speaker 2: be on streaming Apple TV from the fifth of September. 305 00:14:37,080 --> 00:14:39,480 Speaker 2: Top text Mike Liam will need a new job soon 306 00:14:39,600 --> 00:14:42,000 Speaker 2: on developments in the F one. This morning, Duan's been 307 00:14:42,040 --> 00:14:44,080 Speaker 2: sacked and if he hasn't officially been sacked, he's about 308 00:14:44,120 --> 00:14:48,040 Speaker 2: to be sacked. So Colo Pinto is in and Manick 309 00:14:48,160 --> 00:14:51,800 Speaker 2: Ryan in Melbourne and the Australian election. She claimed victory, 310 00:14:51,840 --> 00:14:54,400 Speaker 2: but the counting goes on and she's not as safe 311 00:14:54,400 --> 00:14:57,720 Speaker 2: as she was anyway. Nick Brian on that later meantime news. 312 00:14:57,760 --> 00:15:03,400 Speaker 1: Next the new scammed, the news makers, the mic Hosking 313 00:15:03,400 --> 00:15:07,600 Speaker 1: breakfast with the range Rover villa designed to intrigue and 314 00:15:07,760 --> 00:15:08,960 Speaker 1: use Tog's head be I don't. 315 00:15:08,760 --> 00:15:10,840 Speaker 2: Want to speak too soon, but Williams is on a comeback. 316 00:15:10,920 --> 00:15:14,360 Speaker 2: Seventeen eighty started It's for all money over in the 317 00:15:14,400 --> 00:15:18,040 Speaker 2: World Snooker Championships, but it's gone nine and now Team 318 00:15:19,440 --> 00:15:21,160 Speaker 2: two plays two. 319 00:15:21,280 --> 00:15:25,880 Speaker 10: Tomomalis's name. He couldn't he. 320 00:15:26,360 --> 00:15:29,560 Speaker 2: Couldn't put I love it. The crowded behind him too, 321 00:15:29,840 --> 00:15:31,720 Speaker 2: by the way read Liam. And there's a lot of 322 00:15:31,720 --> 00:15:34,240 Speaker 2: commentary now about you know, Liam, and what he needs 323 00:15:34,240 --> 00:15:35,920 Speaker 2: to do, and a lot of it's not his fault 324 00:15:35,920 --> 00:15:38,160 Speaker 2: and when you get run into and all that stuff. 325 00:15:38,200 --> 00:15:40,240 Speaker 2: But if you look, I was just thinking because Jack Dowan, 326 00:15:40,920 --> 00:15:42,840 Speaker 2: I mentioned before the news about to get sacked by 327 00:15:44,080 --> 00:15:47,280 Speaker 2: Elping and he will be replaced by Colo Pinto, And 328 00:15:47,320 --> 00:15:49,120 Speaker 2: that was always coming in a way that colo Pinto 329 00:15:49,280 --> 00:15:51,600 Speaker 2: looks to be the goods. Jack Dowan could have been 330 00:15:51,640 --> 00:15:53,640 Speaker 2: the goods, but it doesn't appear he is. But if 331 00:15:53,640 --> 00:15:56,200 Speaker 2: you look at the the debutantes for the f one 332 00:15:56,280 --> 00:15:59,360 Speaker 2: season bought a Letto disaster, Beerman has got a couple 333 00:15:59,360 --> 00:16:01,320 Speaker 2: of points, but has hardly set the world on fire 334 00:16:01,640 --> 00:16:04,040 Speaker 2: once again. He's got these same problems that Liam's got. 335 00:16:04,040 --> 00:16:09,240 Speaker 2: His car's trouble, Dowan's been a problem, Lawson is failing 336 00:16:09,280 --> 00:16:11,080 Speaker 2: to fire. Some of it's his fault, some of it. 337 00:16:11,120 --> 00:16:13,720 Speaker 2: Isn't the only one who's done well by way of 338 00:16:13,880 --> 00:16:16,920 Speaker 2: a beginner or a ub to the scene, as Antonelli, 339 00:16:17,280 --> 00:16:21,240 Speaker 2: who has one probably a genius, but also in a merceding. 340 00:16:21,400 --> 00:16:24,080 Speaker 2: So he's got an advantage twenty two minutes away from seven. 341 00:16:24,840 --> 00:16:26,440 Speaker 2: I got the week off before their head to Italy 342 00:16:26,480 --> 00:16:28,640 Speaker 2: and there's a triple header I can't remember against Ettie 343 00:16:28,880 --> 00:16:31,320 Speaker 2: Monico and I think Canada's in there in the three 344 00:16:31,360 --> 00:16:33,840 Speaker 2: as well. Anyway back here another idea to fire up 345 00:16:33,840 --> 00:16:35,760 Speaker 2: our tourism sector. We had a group of North Island 346 00:16:35,800 --> 00:16:39,120 Speaker 2: tour operators joining forces as a sort of collective. Martin 347 00:16:39,120 --> 00:16:41,320 Speaker 2: Bridge of the Far North basically and everything in between. 348 00:16:41,320 --> 00:16:44,800 Speaker 2: Any Dundas is the destination director at Auckland Unlimited and 349 00:16:45,000 --> 00:16:46,520 Speaker 2: is with us very good morning, Anny. 350 00:16:47,120 --> 00:16:47,960 Speaker 13: Good morning Mike. 351 00:16:48,280 --> 00:16:51,800 Speaker 2: Is segregating a small country into smaller bits a wise 352 00:16:51,880 --> 00:16:52,240 Speaker 2: thing to. 353 00:16:52,240 --> 00:16:55,840 Speaker 13: Do, well, We've done it for a long time and 354 00:16:55,920 --> 00:16:58,440 Speaker 13: now we're kind of getting back to being the northern 355 00:16:58,760 --> 00:17:01,480 Speaker 13: and not acknowledging how well the South Island's done and 356 00:17:01,560 --> 00:17:03,920 Speaker 13: a lot of the international work they've done. So it 357 00:17:04,040 --> 00:17:06,240 Speaker 13: just makes it easier for our international partners to work 358 00:17:06,280 --> 00:17:06,600 Speaker 13: with us. 359 00:17:06,760 --> 00:17:06,920 Speaker 14: Well. 360 00:17:06,960 --> 00:17:09,040 Speaker 2: I was going to say that are we sliced so 361 00:17:09,280 --> 00:17:11,879 Speaker 2: small that no one knows what's going on? I'm not 362 00:17:11,880 --> 00:17:13,520 Speaker 2: trying to be negative here, but I'm just working out 363 00:17:13,520 --> 00:17:16,960 Speaker 2: from an international marketing perspective. New Zealand Inc. Is one thing. 364 00:17:17,280 --> 00:17:18,920 Speaker 2: Suddenly you're going, well, hang on, you can have the 365 00:17:18,960 --> 00:17:20,399 Speaker 2: South Island. Now you can have a bit of the 366 00:17:20,440 --> 00:17:22,159 Speaker 2: North Island. Or wait a minute, if you're in the 367 00:17:22,200 --> 00:17:24,040 Speaker 2: North Island, how about rhoda rural kit. You know what 368 00:17:24,040 --> 00:17:25,840 Speaker 2: I'm saying, Yeah, I do. 369 00:17:26,240 --> 00:17:28,560 Speaker 13: And I think we've got this so much going on here, 370 00:17:29,160 --> 00:17:32,000 Speaker 13: which is the track. But what's happened since COVID is 371 00:17:32,119 --> 00:17:34,959 Speaker 13: things have contracted a lot overseas, We've got less partners, 372 00:17:34,960 --> 00:17:36,840 Speaker 13: they're all working from home. We've got to get smarter 373 00:17:36,920 --> 00:17:39,959 Speaker 13: about how we turn up overseas, and us going as 374 00:17:40,000 --> 00:17:43,399 Speaker 13: the North Island is kind of an easier proposition for 375 00:17:43,520 --> 00:17:46,359 Speaker 13: many of our partners to unpack and sell. 376 00:17:46,760 --> 00:17:49,600 Speaker 2: When you put together a coalition like this of the 377 00:17:49,800 --> 00:17:52,720 Speaker 2: North Island, how much due diligent goes in to say, 378 00:17:52,760 --> 00:17:55,159 Speaker 2: if I'm going to put you in my North Island package, 379 00:17:55,359 --> 00:17:57,520 Speaker 2: you and Kerry Carey, are you up to speed? You 380 00:17:57,600 --> 00:17:59,320 Speaker 2: and Martin Borough do you know what you're doing? You 381 00:17:59,400 --> 00:18:00,960 Speaker 2: in rohte A rule? Are you as good as these 382 00:18:01,000 --> 00:18:02,080 Speaker 2: other two? That sort of thing. 383 00:18:03,359 --> 00:18:06,440 Speaker 13: Every single region has a job to do to build 384 00:18:06,480 --> 00:18:10,240 Speaker 13: capability within their own region around are they international ready? 385 00:18:10,600 --> 00:18:12,480 Speaker 13: So there's a lot of work that goes on from 386 00:18:12,520 --> 00:18:15,639 Speaker 13: a tourism New Zenan level into our local level, and 387 00:18:16,280 --> 00:18:18,560 Speaker 13: that's really important as we kind of build operators and 388 00:18:18,640 --> 00:18:22,040 Speaker 13: new products and expanses to sell overseas. So I guess 389 00:18:22,040 --> 00:18:23,960 Speaker 13: we start with the call the good you know, the 390 00:18:24,040 --> 00:18:26,280 Speaker 13: coll stuff, and then obviously we're trying to build all 391 00:18:26,320 --> 00:18:28,160 Speaker 13: the time in terms of adding new product. 392 00:18:28,480 --> 00:18:30,760 Speaker 2: I noted in reading about this yesterday there was a 393 00:18:30,760 --> 00:18:33,240 Speaker 2: claim that you'd done something similar with Australia to increase 394 00:18:33,240 --> 00:18:35,920 Speaker 2: the Australian tourism traffic, which appears in the last year 395 00:18:35,960 --> 00:18:38,800 Speaker 2: two have worked. So this is material. You can kpi 396 00:18:38,840 --> 00:18:40,560 Speaker 2: this and say it's successful. 397 00:18:41,520 --> 00:18:44,040 Speaker 13: We can We've kicked off with Rodaura and Auckland Airport 398 00:18:44,040 --> 00:18:46,480 Speaker 13: with a two plus two too Easy campaign which went 399 00:18:46,600 --> 00:18:50,200 Speaker 13: really well, saw a lovely list and an Australian arrival 400 00:18:50,280 --> 00:18:52,679 Speaker 13: sort of threat to the end of feb and this 401 00:18:52,840 --> 00:18:55,080 Speaker 13: is kind of adding more regions into that kind of 402 00:18:55,080 --> 00:18:57,560 Speaker 13: max as well. So yeah, we've got a sort of 403 00:18:57,560 --> 00:18:59,520 Speaker 13: semi proven formula and now we're kind of going a 404 00:18:59,520 --> 00:19:00,000 Speaker 13: bit bigger. 405 00:19:00,240 --> 00:19:02,119 Speaker 2: All power to your arm, hope it to smash hit. 406 00:19:02,160 --> 00:19:04,880 Speaker 2: Annie Dundas, who's with Auckland Unlimited with us this morning, 407 00:19:04,920 --> 00:19:07,040 Speaker 2: doing the whole North Island nineteen minutes away from seven 408 00:19:07,200 --> 00:19:08,879 Speaker 2: PASKI who is always going to be the way? Just 409 00:19:08,920 --> 00:19:10,960 Speaker 2: let me give you a flavor, Mike, in regards to 410 00:19:11,080 --> 00:19:13,880 Speaker 2: Erica Stamford, I think it's time the government defunded TV 411 00:19:13,960 --> 00:19:15,800 Speaker 2: and ZED. Mike, I hope you're going to smash TV 412 00:19:15,880 --> 00:19:18,639 Speaker 2: and ZED this morning. Why I continue to watch is 413 00:19:18,680 --> 00:19:20,840 Speaker 2: beyond me. To lead a story on the wrong use 414 00:19:20,880 --> 00:19:23,520 Speaker 2: of email and security protocols is beyond comprehension. 415 00:19:23,560 --> 00:19:23,760 Speaker 15: Mike. 416 00:19:23,880 --> 00:19:25,840 Speaker 2: Sounds like we need to do an expose on the 417 00:19:25,840 --> 00:19:29,280 Speaker 2: TV one News editor, their journalists, and the Labor Party. 418 00:19:29,720 --> 00:19:33,280 Speaker 2: Mike won an absolutely pathetic beat up non story TV 419 00:19:33,359 --> 00:19:36,280 Speaker 2: one News paraded last night to be fair to TV one. 420 00:19:36,320 --> 00:19:38,280 Speaker 2: TV three also ran with it and ended with the 421 00:19:38,359 --> 00:19:40,400 Speaker 2: words I can't remember the woman's name, but she ended 422 00:19:40,400 --> 00:19:43,679 Speaker 2: with the words Jenna Lynch. She ended with the words 423 00:19:44,040 --> 00:19:46,680 Speaker 2: how much trouble She's going to be? And I thought, 424 00:19:46,720 --> 00:19:49,600 Speaker 2: we're at school, We're at kindy. This is what passes 425 00:19:49,600 --> 00:19:52,000 Speaker 2: for news these days. Unfortunately, I'm not here to defend 426 00:19:52,080 --> 00:19:55,440 Speaker 2: or otherwise these operators, but the text gave it away. 427 00:19:55,480 --> 00:19:58,520 Speaker 2: If you continue to watch that because you think it's 428 00:19:58,520 --> 00:20:02,119 Speaker 2: a credible news source. There more fool you because every 429 00:20:02,200 --> 00:20:04,840 Speaker 2: day that those sort of stories are Technically, yes, she's 430 00:20:04,880 --> 00:20:07,280 Speaker 2: broken the rules. You're not supposed to use another email, 431 00:20:07,320 --> 00:20:11,240 Speaker 2: but she sent herself the material, so in other words, 432 00:20:11,280 --> 00:20:13,640 Speaker 2: she sent it to herself. It's her material. She's sent 433 00:20:13,680 --> 00:20:18,720 Speaker 2: to another of her computers. Now there is almost impossible 434 00:20:18,760 --> 00:20:22,520 Speaker 2: to believe Part two coming tonight allegedly if it turns 435 00:20:22,520 --> 00:20:25,560 Speaker 2: out Erica's been feeding this information to the Russians or 436 00:20:25,600 --> 00:20:29,560 Speaker 2: the Chinese, fine, no problem, I'll apologize tomorrow. My suspicion 437 00:20:29,640 --> 00:20:33,359 Speaker 2: is Erica's above board, Erica's a good minister, Erica has 438 00:20:33,400 --> 00:20:38,000 Speaker 2: done nothing wrong, and this, yet again, is another monstrous 439 00:20:38,000 --> 00:20:40,359 Speaker 2: beat up by people who should know better. Eighteen to 440 00:20:40,359 --> 00:20:41,640 Speaker 2: two The. 441 00:20:41,760 --> 00:20:46,280 Speaker 1: Mike Asking Breakfast Full Show podcast on iHeartRadio powered by 442 00:20:46,320 --> 00:20:47,120 Speaker 1: News Talks EPI. 443 00:20:48,119 --> 00:20:51,199 Speaker 2: Actually speaking of spurious reportage this business from Retail New 444 00:20:51,280 --> 00:20:54,600 Speaker 2: Zealand yesterday about the ninety nine percent of people who 445 00:20:54,600 --> 00:20:58,240 Speaker 2: had experienced either crime and no one split, the difference 446 00:20:58,520 --> 00:21:02,320 Speaker 2: and anti social behavior all piled into one story. Let 447 00:21:02,359 --> 00:21:03,280 Speaker 2: me come back to that in the moment. 448 00:21:03,359 --> 00:21:08,280 Speaker 1: Six forty five international correspondence with ins and Eye Insurance, 449 00:21:08,400 --> 00:21:10,480 Speaker 1: Peace of mind for New Zealand Business France. 450 00:21:10,520 --> 00:21:13,360 Speaker 2: Captaine Field, very good morning to you. Good morning man. 451 00:21:13,400 --> 00:21:15,119 Speaker 2: I've been busying myself in the early hours of this 452 00:21:15,200 --> 00:21:18,040 Speaker 2: New Zealand morning watching the balcony at the Buckingham Palace 453 00:21:18,080 --> 00:21:21,000 Speaker 2: and the royal family there, looking at the flyovers and big, big, big, 454 00:21:21,040 --> 00:21:22,639 Speaker 2: big deal in your part of the world. 455 00:21:23,400 --> 00:21:26,919 Speaker 16: Oh, absolutely huge. Eightieth anniversary of the end of the 456 00:21:26,920 --> 00:21:31,960 Speaker 16: Second World War in Europe very much subdued this time around, Mike, 457 00:21:32,040 --> 00:21:36,200 Speaker 16: and very much a focus on national rather than international 458 00:21:36,200 --> 00:21:39,720 Speaker 16: commemorations we're seeing. Of course the Brits did at first, 459 00:21:39,760 --> 00:21:41,760 Speaker 16: as they did it on Monday, which was a public 460 00:21:41,800 --> 00:21:45,320 Speaker 16: holiday there, but they did also have other troops from 461 00:21:45,320 --> 00:21:47,840 Speaker 16: other countries taking part. Of course, there were some French 462 00:21:47,880 --> 00:21:52,200 Speaker 16: troops there and also some Ukrainian troops. So that's very 463 00:21:52,320 --> 00:21:55,760 Speaker 16: much how it is. It's going to be commemorated here 464 00:21:55,840 --> 00:22:00,119 Speaker 16: in Paris on Thursday. Again very much a lo o 465 00:22:00,320 --> 00:22:04,080 Speaker 16: key type of commemoration, one that's going to be more 466 00:22:04,200 --> 00:22:07,960 Speaker 16: about remembering the values that were fought for in the 467 00:22:07,960 --> 00:22:11,480 Speaker 16: Second World War, liberty, democracy and also the sort of 468 00:22:11,520 --> 00:22:16,080 Speaker 16: shared goals. A real difference from say ten years ago, Mike, 469 00:22:16,200 --> 00:22:19,960 Speaker 16: when there was the American Secretary of State at the time. 470 00:22:20,040 --> 00:22:23,160 Speaker 16: John Kerry was here in Paris for the commemorations. Don't 471 00:22:23,200 --> 00:22:25,160 Speaker 16: think we're going to be seeing any of that type 472 00:22:25,160 --> 00:22:27,840 Speaker 16: of American presence here in Europe over the next couple 473 00:22:27,880 --> 00:22:28,320 Speaker 16: of days. 474 00:22:28,440 --> 00:22:30,680 Speaker 2: I've also been watching mister Merch sign the document that's 475 00:22:30,720 --> 00:22:33,040 Speaker 2: taken It is this unusual. I mean, we get really 476 00:22:33,080 --> 00:22:35,680 Speaker 2: angsty in this country trying to put together a coalition 477 00:22:35,800 --> 00:22:37,840 Speaker 2: and if it goes beyond two weeks where we're like 478 00:22:37,920 --> 00:22:40,920 Speaker 2: beside ourselves and this has taken a lot longer than that. 479 00:22:41,040 --> 00:22:43,600 Speaker 2: Is he going to reform Germany? Is this genuinely different 480 00:22:43,680 --> 00:22:43,879 Speaker 2: or not? 481 00:22:44,880 --> 00:22:46,560 Speaker 16: It does look as though it's going to be different. 482 00:22:46,640 --> 00:22:49,280 Speaker 16: You're quite right. Make we'd all forgotten about those German 483 00:22:49,320 --> 00:22:51,760 Speaker 16: elections because they were held back in February, so there 484 00:22:51,800 --> 00:22:53,959 Speaker 16: was a lot of time for people to get very ansty. 485 00:22:54,359 --> 00:22:57,080 Speaker 16: It does look as though he's going to change things. 486 00:22:57,080 --> 00:22:58,560 Speaker 16: It's going to shake things up. I mean one of 487 00:22:58,640 --> 00:23:01,119 Speaker 16: the first things he did was announce is going to 488 00:23:01,119 --> 00:23:05,560 Speaker 16: be this huge what is it about five hundred billion euros, 489 00:23:05,560 --> 00:23:08,320 Speaker 16: so that's what about nine hundred billion New Zealand dollars. 490 00:23:08,359 --> 00:23:11,320 Speaker 16: Fun for getting the economy going again, that's going to 491 00:23:11,320 --> 00:23:14,480 Speaker 16: be put into infrastructure. The big thing that people are 492 00:23:14,480 --> 00:23:16,320 Speaker 16: looking at on him though, mic is that he comes 493 00:23:16,320 --> 00:23:19,399 Speaker 16: from business. Even though he's been in and out of 494 00:23:19,440 --> 00:23:23,439 Speaker 16: politics several times. He says that he knows how the 495 00:23:23,480 --> 00:23:24,120 Speaker 16: country can. 496 00:23:24,040 --> 00:23:24,680 Speaker 2: Be made better. 497 00:23:24,800 --> 00:23:26,880 Speaker 16: He says he knows how it has to be more 498 00:23:26,920 --> 00:23:29,800 Speaker 16: focused towards Europe. And the other thing they're really looking 499 00:23:29,800 --> 00:23:33,000 Speaker 16: at Mike is not just the fact that Germany is 500 00:23:33,040 --> 00:23:35,480 Speaker 16: Europe's largest economy and it's got to get it back together, 501 00:23:35,800 --> 00:23:38,760 Speaker 16: but also he will be more on the right same 502 00:23:38,800 --> 00:23:42,000 Speaker 16: wavelength as French President of Manual Macron. Both of them 503 00:23:42,040 --> 00:23:45,760 Speaker 16: come from business. Let's not forget that Manual Macron's mandate 504 00:23:45,960 --> 00:23:48,239 Speaker 16: ends on two years time. So Macron's in a bit 505 00:23:48,280 --> 00:23:52,120 Speaker 16: of a hurry to get things going, to really put 506 00:23:52,119 --> 00:23:55,320 Speaker 16: his legacy as the man who helped put Europe back 507 00:23:55,400 --> 00:23:57,000 Speaker 16: on its good economic. 508 00:23:56,680 --> 00:23:57,600 Speaker 2: And sound footing. 509 00:23:57,880 --> 00:24:01,399 Speaker 16: But also Fredrick Metz, he's really and patient to show 510 00:24:01,440 --> 00:24:04,320 Speaker 16: that Germany can get back in the running and can 511 00:24:04,359 --> 00:24:07,720 Speaker 16: actually be a not just a political force for good, 512 00:24:07,760 --> 00:24:10,040 Speaker 16: but also an economic driver as it used. 513 00:24:09,920 --> 00:24:10,480 Speaker 1: To be in Europe. 514 00:24:10,640 --> 00:24:13,600 Speaker 2: Well, it's wishing, well, how is it possible? So the 515 00:24:13,640 --> 00:24:18,720 Speaker 2: Berlin the German spy agency has classified the AfD as extremist, 516 00:24:18,760 --> 00:24:21,920 Speaker 2: which means they can now monitor them and tap their 517 00:24:21,960 --> 00:24:23,920 Speaker 2: phones and do all of that. Now, this is, whether 518 00:24:23,960 --> 00:24:26,159 Speaker 2: you like them or not, a legitimate political party that 519 00:24:26,240 --> 00:24:28,960 Speaker 2: got quite a lot of support. How much angst does 520 00:24:29,000 --> 00:24:29,600 Speaker 2: that create? 521 00:24:30,600 --> 00:24:35,560 Speaker 16: Well, interestingly enough, yeah, that domestic spy agency, the fafasen Shutz, 522 00:24:35,640 --> 00:24:39,359 Speaker 16: has declared that this party is a right wing extremist 523 00:24:39,440 --> 00:24:44,080 Speaker 16: group and it bases this on the party's disregard for 524 00:24:44,240 --> 00:24:48,199 Speaker 16: human dignity. It's said that the party's prevailing understanding of 525 00:24:48,200 --> 00:24:51,960 Speaker 16: people was based on ethnicity and dissent, and it says 526 00:24:52,040 --> 00:24:57,600 Speaker 16: that's incompatible with free, democratic basic order. Now, all that means, Mike, 527 00:24:57,920 --> 00:25:01,440 Speaker 16: is that you're, as you rightly said, it could be monitored. 528 00:25:01,520 --> 00:25:05,000 Speaker 16: They can listen to their phones, they can undersetp party communications. 529 00:25:05,560 --> 00:25:10,000 Speaker 16: They cannot ban the party now, obviously, because of germany 530 00:25:10,000 --> 00:25:12,919 Speaker 16: It's history, banning a party is really a no no. 531 00:25:13,080 --> 00:25:16,280 Speaker 16: But interesting enough, leaders poll out shows that forty nine 532 00:25:16,280 --> 00:25:20,200 Speaker 16: percent of Germans are in favor of banning the AfD. 533 00:25:20,440 --> 00:25:22,880 Speaker 16: But as you rightly say, you know, the AfD has 534 00:25:22,920 --> 00:25:25,960 Speaker 16: got one hundred and fifty two seats in that new parliament. 535 00:25:26,040 --> 00:25:30,480 Speaker 16: It is the second largest parliamentary block, so how they 536 00:25:30,520 --> 00:25:33,119 Speaker 16: go about this will be very difficult. The AfD, for 537 00:25:33,200 --> 00:25:36,040 Speaker 16: its part, has said this is complete nonsense. It's blow 538 00:25:36,119 --> 00:25:38,719 Speaker 16: for democracy and they're going to challenge it in the courts. 539 00:25:39,280 --> 00:25:41,320 Speaker 2: We will, So you're seeing Katherine appreciate it as always. 540 00:25:41,359 --> 00:25:43,879 Speaker 2: Catherine Field in Europe for us on Tuesday morning. By 541 00:25:43,920 --> 00:25:46,280 Speaker 2: the way, speaking of political parties, that are nation numbers 542 00:25:46,280 --> 00:25:48,800 Speaker 2: came out yesterday and they were interesting. So I'll get 543 00:25:48,840 --> 00:25:50,359 Speaker 2: to them a little bit later on the program, but 544 00:25:50,359 --> 00:25:52,080 Speaker 2: I got an insight into the economy for your next 545 00:25:52,080 --> 00:25:53,000 Speaker 2: ten to seven. 546 00:25:53,400 --> 00:25:57,119 Speaker 1: The my Casking Breakfast with Bailey's real estate news talks 547 00:25:57,320 --> 00:26:02,480 Speaker 1: be could he had all the over that surprises. 548 00:26:01,960 --> 00:26:03,760 Speaker 17: But I wouldn't be market part with you. 549 00:26:04,480 --> 00:26:09,520 Speaker 18: Another character filled in rage wonderful stuff. Can he take 550 00:26:09,600 --> 00:26:09,959 Speaker 18: us to them? 551 00:26:09,960 --> 00:26:15,520 Speaker 2: Mid session interval who knows seventeen eleven started at seventeen eight. 552 00:26:15,560 --> 00:26:16,960 Speaker 2: He was get I mean it was like something like 553 00:26:17,040 --> 00:26:19,439 Speaker 2: seven to one in the initial session yesterday. He was 554 00:26:19,440 --> 00:26:21,679 Speaker 2: getting absolutely caned and it was over, which was a 555 00:26:21,720 --> 00:26:25,840 Speaker 2: shame because he had played brilliantly through the whole tournament 556 00:26:25,880 --> 00:26:28,560 Speaker 2: but had probably been pushed to hard. The Higgins semi 557 00:26:28,600 --> 00:26:32,520 Speaker 2: final was fantastic to watch. Come on, Mike, you seem 558 00:26:32,520 --> 00:26:34,800 Speaker 2: to be someone who believes in high standard. Stanford should 559 00:26:34,800 --> 00:26:37,000 Speaker 2: be a bit smarter than a rookie mistake. I agreed. Look, 560 00:26:37,400 --> 00:26:40,280 Speaker 2: I said she's broken the rules. No one questions she's 561 00:26:40,280 --> 00:26:42,640 Speaker 2: broken the rules. It's a cabinet manuals she hasn't broken 562 00:26:42,680 --> 00:26:45,359 Speaker 2: the law. It's a cabinet manual. And the cabinet manual 563 00:26:45,400 --> 00:26:47,920 Speaker 2: says something along the lines of to your best endeavors. 564 00:26:47,920 --> 00:26:49,560 Speaker 2: But I know if you want to look up Newsroom. 565 00:26:50,440 --> 00:26:54,680 Speaker 2: Back in twenty eighteen, documents released under the Official Information 566 00:26:54,800 --> 00:26:58,160 Speaker 2: Act showed that David Clark, Kelvin Davis, Chris Fharfoyd, Chris Hopkins, 567 00:26:58,600 --> 00:27:01,800 Speaker 2: Ron Mark Eugenie said Phil Tweyfe had received official emails 568 00:27:01,800 --> 00:27:04,879 Speaker 2: at their private email addresses. They handled their official correspondent 569 00:27:04,920 --> 00:27:09,040 Speaker 2: slightly differently. Hipken said there was regular interaction between his 570 00:27:09,160 --> 00:27:13,080 Speaker 2: private and official duties. Diary contained both personal official appointments, 571 00:27:13,080 --> 00:27:15,359 Speaker 2: for example, but he maintained that he forards all official 572 00:27:15,400 --> 00:27:18,080 Speaker 2: corresponders to a senior private secretary so that they become 573 00:27:18,119 --> 00:27:20,840 Speaker 2: public records. So he's defending himself. Then he was breaking 574 00:27:20,840 --> 00:27:23,360 Speaker 2: the rules back in eighteen. So why isn't our newsroom 575 00:27:23,359 --> 00:27:24,720 Speaker 2: asking him, by the way, while I've got you on 576 00:27:24,760 --> 00:27:27,639 Speaker 2: the phone here in twenty twenty five, Chris, back in eighteen, 577 00:27:27,680 --> 00:27:30,120 Speaker 2: you were doing exactly the same thing. Do you see 578 00:27:30,160 --> 00:27:34,280 Speaker 2: yourself as a hypocrite? Five minutes away from seven? 579 00:27:35,160 --> 00:27:38,439 Speaker 1: All the ins and the outs. It's the fizz with 580 00:27:38,720 --> 00:27:42,160 Speaker 1: business fiber take your business productivity to the next level. 581 00:27:42,200 --> 00:27:44,320 Speaker 2: Now, our new numbers from the fine folks at Centric's 582 00:27:44,359 --> 00:27:47,159 Speaker 2: Credit and Decatur for March mixed bag. We've got a 583 00:27:47,200 --> 00:27:49,800 Speaker 2: mixed bag. After a couple of months of falling a riars, 584 00:27:49,880 --> 00:27:52,800 Speaker 2: March saw the numbers rise up nine thousand. We got 585 00:27:52,840 --> 00:27:55,159 Speaker 2: four hundred and ninety thousand of US twelve point six 586 00:27:55,200 --> 00:27:58,000 Speaker 2: percent of US with credit debt. That rises an unusual 587 00:27:58,040 --> 00:28:00,640 Speaker 2: because it's got that seasonal peak fiber bat. But some 588 00:28:00,800 --> 00:28:03,360 Speaker 2: long weekends Easter Anzac Day, we go out and spend 589 00:28:03,359 --> 00:28:04,879 Speaker 2: a bit of money. Then we realized we didn't have 590 00:28:04,880 --> 00:28:06,640 Speaker 2: the money to spend in the first place. One hundred 591 00:28:06,680 --> 00:28:09,040 Speaker 2: and seventy thousand of US Ober a month late on payments, 592 00:28:09,359 --> 00:28:12,480 Speaker 2: which is down a little bit first time since February 593 00:28:12,600 --> 00:28:14,960 Speaker 2: last year. That personal loan areas are back over ten percent. 594 00:28:15,040 --> 00:28:18,200 Speaker 2: Not good vehicle loan areas. Credit card areas up per 595 00:28:18,200 --> 00:28:20,560 Speaker 2: smage to five point eight percent and four point seven 596 00:28:20,560 --> 00:28:25,320 Speaker 2: percent percent respectively in get easier money from the bank. 597 00:28:25,400 --> 00:28:27,640 Speaker 2: So it means we're not using the BNPL as much 598 00:28:27,640 --> 00:28:31,000 Speaker 2: as we used to. Home loan areas their upper smage 599 00:28:31,440 --> 00:28:33,840 Speaker 2: over and above seasonal expectation. So we've got twenty four 600 00:28:33,840 --> 00:28:37,320 Speaker 2: thousand residential mortgages there past due. Is that a lot? 601 00:28:37,400 --> 00:28:41,520 Speaker 2: Not really, it's one point five eight percent of mortgages, 602 00:28:41,560 --> 00:28:43,880 Speaker 2: So ninety eight point four six percent of us are fine. 603 00:28:44,200 --> 00:28:48,360 Speaker 2: New mortgage lending is up significantly. Household lending is up significantly. 604 00:28:49,080 --> 00:28:52,520 Speaker 2: Business credit demand is up a bit bigger arts and 605 00:28:52,600 --> 00:28:55,320 Speaker 2: rex sector up twenty three percent, property up twenty one 606 00:28:55,360 --> 00:29:00,320 Speaker 2: financial services up twenty credit defaults. Business credit defaults also 607 00:29:00,400 --> 00:29:02,600 Speaker 2: up to faults at thirty eight percent in transport, twenty 608 00:29:02,680 --> 00:29:06,160 Speaker 2: nine percent in construction. I note that across the Tasman 609 00:29:06,240 --> 00:29:10,880 Speaker 2: from Westpac, fewer customers struggling to make loan repayments, so 610 00:29:10,960 --> 00:29:13,200 Speaker 2: they're okay. And Westpac came in with their profit. Do 611 00:29:13,280 --> 00:29:15,000 Speaker 2: they make a profit here in New Zealand? West Pec? 612 00:29:15,080 --> 00:29:18,320 Speaker 2: You bet they did. For the six months to March 613 00:29:18,720 --> 00:29:21,160 Speaker 2: ten percent rise half a billion, five hundred and twenty 614 00:29:21,200 --> 00:29:24,680 Speaker 2: five million dollars worth of profit. What's that margin, Mike? Oh, 615 00:29:24,720 --> 00:29:27,360 Speaker 2: the ness interrist margin. Yes, let me tell you that's up. 616 00:29:27,840 --> 00:29:30,000 Speaker 2: It's gone up. So it's bigger than it was. What 617 00:29:30,120 --> 00:29:33,400 Speaker 2: a surprise. So they bumped that by fifteen basis points 618 00:29:33,440 --> 00:29:36,120 Speaker 2: to two point two six percent. Is that higher, Mike 619 00:29:36,160 --> 00:29:39,320 Speaker 2: than it is in Australia? Yes, it is, Mike. So 620 00:29:39,480 --> 00:29:41,520 Speaker 2: could the banks on this particular part of the world 621 00:29:41,520 --> 00:29:45,280 Speaker 2: be gouging us a little bit? Quite possible, Michael, India 622 00:29:45,320 --> 00:29:48,040 Speaker 2: free Trade, Tim Grosser, he's with us. Next. 623 00:29:48,560 --> 00:29:51,640 Speaker 1: The only report you need to start your day the 624 00:29:51,840 --> 00:29:56,040 Speaker 1: my costing Breakfast with Bailey's real Estate, your local experts 625 00:29:56,080 --> 00:29:59,280 Speaker 1: across residential, commercial and rural news Togsdad be. 626 00:29:59,320 --> 00:30:01,480 Speaker 2: Buding a as past seven just before we get to 627 00:30:01,520 --> 00:30:05,480 Speaker 2: the free trade deal with India. This much about the 628 00:30:05,600 --> 00:30:07,320 Speaker 2: rads would. 629 00:30:07,200 --> 00:30:09,440 Speaker 18: Love to go the same scrip with bold players leave 630 00:30:09,480 --> 00:30:12,120 Speaker 18: the arena. Can you believe it? We're talking about the 631 00:30:12,200 --> 00:30:17,040 Speaker 18: one train. We've got to misessments of all incredible stuff 632 00:30:17,560 --> 00:30:18,560 Speaker 18: from Mark Williams. 633 00:30:18,600 --> 00:30:19,120 Speaker 17: What a tell? 634 00:30:19,200 --> 00:30:23,200 Speaker 18: Gain still trails old seventeen twelve. 635 00:30:23,000 --> 00:30:24,640 Speaker 2: Then the snooker. This is the final A few are 636 00:30:24,800 --> 00:30:26,640 Speaker 2: just joined us this morning right to try next step 637 00:30:26,640 --> 00:30:28,160 Speaker 2: in our year's long journey to try and get this 638 00:30:28,280 --> 00:30:31,160 Speaker 2: FTA with India. The government delegations landed in New Delhi 639 00:30:31,240 --> 00:30:33,880 Speaker 2: for the first in person round of negotiations. The politics 640 00:30:33,920 --> 00:30:36,280 Speaker 2: of it is interesting. The Government of Courses promised this 641 00:30:36,400 --> 00:30:38,760 Speaker 2: deal in their first term, so what chance? Former trade 642 00:30:38,760 --> 00:30:40,720 Speaker 2: mines to Tim Grosser, but there's Tim morning to you. 643 00:30:41,400 --> 00:30:42,080 Speaker 14: Good morning, Mike. 644 00:30:42,120 --> 00:30:43,520 Speaker 2: What are your assessment of the chances? 645 00:30:45,520 --> 00:30:50,040 Speaker 14: Well, look, if past form were any guide, they would 646 00:30:50,040 --> 00:30:53,400 Speaker 14: not be very encouraging. But I think the landscape and 647 00:30:53,440 --> 00:30:56,560 Speaker 14: I'll elaborate on in a second, but the landscape is 648 00:30:56,680 --> 00:31:01,000 Speaker 14: changed as a result of Trump's trade bombs, and I'm 649 00:31:01,160 --> 00:31:04,360 Speaker 14: thinking that will change the odds of pulling this off. 650 00:31:04,600 --> 00:31:06,880 Speaker 14: And it's a good idea anyway, to have a go, 651 00:31:07,080 --> 00:31:10,560 Speaker 14: whatever the chances of success are, because this is the 652 00:31:10,600 --> 00:31:15,560 Speaker 14: world's emerging third largest economy and we are undoubtedly will 653 00:31:15,560 --> 00:31:18,840 Speaker 14: have a much bigger economic future with India regardless of 654 00:31:18,960 --> 00:31:20,000 Speaker 14: how the talks go. 655 00:31:20,800 --> 00:31:23,959 Speaker 2: Is the political overlayer problem for us? When you promise 656 00:31:24,000 --> 00:31:26,200 Speaker 2: it will be done term one, the pressure's on you 657 00:31:26,240 --> 00:31:27,520 Speaker 2: and the Indians know it, don't they. 658 00:31:28,440 --> 00:31:31,920 Speaker 14: Oh, look, I don't think that's a real issue. The 659 00:31:32,000 --> 00:31:36,560 Speaker 14: negotiations will run their normal course of events, and as 660 00:31:36,560 --> 00:31:39,080 Speaker 14: long as the government's making a lot of progress in 661 00:31:39,120 --> 00:31:41,880 Speaker 14: the period of time, I don't think this is a 662 00:31:41,960 --> 00:31:45,720 Speaker 14: large issue. The larger issue is India with a track 663 00:31:45,760 --> 00:31:50,440 Speaker 14: record or walking away from negotiations. Is India now prepared 664 00:31:50,480 --> 00:31:54,040 Speaker 14: to move forward commensurate with its enormous future role in 665 00:31:54,080 --> 00:31:57,360 Speaker 14: global trade? And that is something that has to be 666 00:31:57,400 --> 00:31:59,000 Speaker 14: answered by India not buying New. 667 00:31:58,960 --> 00:32:01,400 Speaker 2: Zealand exactly as you would well understand, we then have 668 00:32:01,440 --> 00:32:03,760 Speaker 2: a deal versus a deal. I mean, just getting a 669 00:32:03,760 --> 00:32:05,720 Speaker 2: deal can't be hard if you're prepared to give everything 670 00:32:05,760 --> 00:32:07,480 Speaker 2: a why do we get a good deal? 671 00:32:09,240 --> 00:32:12,840 Speaker 14: Well, we've we've got very little to give away because 672 00:32:12,840 --> 00:32:15,840 Speaker 14: of already an open economy. The Indians will not do 673 00:32:15,880 --> 00:32:19,440 Speaker 14: this because they want better access to New Zealand. The 674 00:32:19,480 --> 00:32:21,680 Speaker 14: Indians will do this because they see a broad a 675 00:32:21,680 --> 00:32:25,160 Speaker 14: strategic rationale. And that's where I come back full circle. 676 00:32:25,320 --> 00:32:27,200 Speaker 14: So look, just go back on the history of this. 677 00:32:28,040 --> 00:32:31,280 Speaker 14: John Key and I started a negotiation exactly on these 678 00:32:31,320 --> 00:32:35,680 Speaker 14: lines in twenty ten. The Indians who have a track 679 00:32:35,760 --> 00:32:41,200 Speaker 14: quick word of moving unbelievably slowly on international trade issues, 680 00:32:42,960 --> 00:32:47,680 Speaker 14: took this into ten rounds of negotiations. The bilateral FDA 681 00:32:47,840 --> 00:32:51,959 Speaker 14: was abandoned in twenty I think twenty fifteen when India 682 00:32:52,080 --> 00:32:56,080 Speaker 14: joined the larger FDA idea of this Asia Pacific thing 683 00:32:56,160 --> 00:33:01,479 Speaker 14: called the Regional Comprehensive Economic Partnership Agreement, which involved China, 684 00:33:01,760 --> 00:33:05,960 Speaker 14: the Southeast Asians, Australia, New Zealand, and even that fell 685 00:33:06,000 --> 00:33:10,400 Speaker 14: apart when India was invited to leave the negotiations. So 686 00:33:10,440 --> 00:33:16,160 Speaker 14: India has got this very protectionist history, but I think 687 00:33:16,200 --> 00:33:19,240 Speaker 14: India is coming out of that, out of that, and 688 00:33:19,600 --> 00:33:20,880 Speaker 14: I think there's a real chance of. 689 00:33:20,840 --> 00:33:21,520 Speaker 17: Pulling this off. 690 00:33:21,560 --> 00:33:23,600 Speaker 2: Good stuff, Tim, Nice to talk to you again. Tim Grosser, 691 00:33:23,640 --> 00:33:26,120 Speaker 2: former Trade minister, speaking which Donkey's on the program just 692 00:33:26,200 --> 00:33:28,160 Speaker 2: after seven to thirty on other matters this morning, although 693 00:33:28,200 --> 00:33:31,320 Speaker 2: we'll cover that off obviously. Ten past seven PASKW the 694 00:33:31,400 --> 00:33:34,120 Speaker 2: old farm conversion debates back as we get the latest 695 00:33:34,160 --> 00:33:36,000 Speaker 2: numbers around stocks. So the number of sheep has dropped 696 00:33:36,000 --> 00:33:38,000 Speaker 2: twenty one percent over the past decade. We're down to 697 00:33:38,040 --> 00:33:40,280 Speaker 2: twenty three and a bit million of them. Dairy cattle 698 00:33:40,320 --> 00:33:43,000 Speaker 2: numbers are down thirteen percent. Beef cattles holding steady. Now 699 00:33:43,000 --> 00:33:45,360 Speaker 2: these figures come out the same day, of course, as 700 00:33:45,360 --> 00:33:47,239 Speaker 2: we hear another couple of Hawk's Bay farms have been 701 00:33:47,240 --> 00:33:50,840 Speaker 2: flicked offshore for forest reconversion. The Associate ag Minister is 702 00:33:50,920 --> 00:33:53,040 Speaker 2: Andrew Hogart of course is whether it's Andrew morning to. 703 00:33:53,000 --> 00:33:54,360 Speaker 15: You, Good morning Mike. 704 00:33:54,440 --> 00:33:56,520 Speaker 2: Do you take a side on conversion? Where are you 705 00:33:56,560 --> 00:33:56,960 Speaker 2: at with it? 706 00:33:58,720 --> 00:34:02,400 Speaker 15: Well, obviously the government's still got legislation coming forward that 707 00:34:02,480 --> 00:34:06,880 Speaker 15: will do a moratorium on these full farm forestry conversions 708 00:34:07,120 --> 00:34:11,200 Speaker 15: and then allow cap for the sort of lower class 709 00:34:11,320 --> 00:34:15,240 Speaker 15: land of how much can be done. So look, personally, 710 00:34:15,320 --> 00:34:17,840 Speaker 15: I do think it's a concern where you have these 711 00:34:18,200 --> 00:34:21,480 Speaker 15: complete whole farm conversions. I prefer to see a mosaic. 712 00:34:22,360 --> 00:34:25,279 Speaker 15: You should be able to have good quality land doing 713 00:34:25,360 --> 00:34:28,160 Speaker 15: stock or crops, and yes, some of the poorer quality 714 00:34:28,239 --> 00:34:30,919 Speaker 15: land put it in forestry. That's as a farmer, that's 715 00:34:30,960 --> 00:34:32,160 Speaker 15: a sensible way to do it. 716 00:34:32,360 --> 00:34:34,640 Speaker 2: And given the numbers we're getting from export at the moment, 717 00:34:34,760 --> 00:34:37,560 Speaker 2: is the drop twofold question? Is the drop in stock 718 00:34:38,040 --> 00:34:43,000 Speaker 2: purely conversion related? And if the drop and stock doesn't 719 00:34:43,040 --> 00:34:45,719 Speaker 2: matter how it's dropped, are we worried that we're not 720 00:34:45,800 --> 00:34:47,640 Speaker 2: doing enough when we can get good money for what 721 00:34:47,680 --> 00:34:48,120 Speaker 2: we make. 722 00:34:49,280 --> 00:34:52,240 Speaker 15: Well, we're still you know, primary production across the country 723 00:34:52,280 --> 00:34:54,640 Speaker 15: is still earning, is projected to earn more and more. 724 00:34:55,600 --> 00:34:57,640 Speaker 15: You look at horticulture that's going up. So I mean 725 00:34:57,680 --> 00:34:59,839 Speaker 15: some of the drop and dairy is because of people 726 00:35:00,040 --> 00:35:03,919 Speaker 15: switching to kiwi fruit and apples. You know, That's how 727 00:35:04,000 --> 00:35:07,160 Speaker 15: New Zealand farming has succeeded over the years of having 728 00:35:07,160 --> 00:35:11,239 Speaker 15: that land use change going to where the better value is. 729 00:35:11,360 --> 00:35:14,040 Speaker 15: So you know it, we're still good personally. I think 730 00:35:14,080 --> 00:35:17,960 Speaker 15: there's also a cost element to this with RIMA and 731 00:35:18,040 --> 00:35:20,280 Speaker 15: all the other rules and regulations that kind of hold 732 00:35:20,320 --> 00:35:23,240 Speaker 15: farmers back. And you know, I visited a farm where 733 00:35:23,280 --> 00:35:26,040 Speaker 15: the guy had all these wetland rules in place on 734 00:35:26,080 --> 00:35:28,680 Speaker 15: him and all this fencing requirements he had to do, 735 00:35:28,800 --> 00:35:30,879 Speaker 15: and in the end it was just listened to, bloody heart, 736 00:35:31,000 --> 00:35:33,120 Speaker 15: I'll just put it all in the forestry. So there's 737 00:35:33,160 --> 00:35:35,000 Speaker 15: an element of the work we're doing around rm A 738 00:35:35,120 --> 00:35:38,000 Speaker 15: that I hope will provide a bit more common sense 739 00:35:38,000 --> 00:35:43,040 Speaker 15: and sensibility going forward to farmers to make smart decisions 740 00:35:43,120 --> 00:35:45,440 Speaker 15: on their farm and not just give up in plant trees. 741 00:35:45,719 --> 00:35:47,239 Speaker 2: While I've got you, you're going to be on the 742 00:35:47,280 --> 00:35:49,520 Speaker 2: Fontierra consumer sale. 743 00:35:50,719 --> 00:35:51,759 Speaker 15: Well as a Fonterra shot. 744 00:35:51,800 --> 00:35:52,319 Speaker 10: Are you I do? 745 00:35:54,440 --> 00:35:57,600 Speaker 15: I think you know, I'm waiting to see the you know, 746 00:35:57,640 --> 00:36:02,959 Speaker 15: the full detail of it. But historically we haven't made 747 00:36:03,640 --> 00:36:08,400 Speaker 15: a great deal of return from these consumer products, and 748 00:36:08,600 --> 00:36:10,960 Speaker 15: you know, it's been a good return. And obviously we're 749 00:36:11,000 --> 00:36:16,239 Speaker 15: attached to these brands, but actually it's this consumer business 750 00:36:16,640 --> 00:36:19,920 Speaker 15: or the business to business side of it that's actually 751 00:36:20,040 --> 00:36:23,200 Speaker 15: runing the real returns. And so you know, I want 752 00:36:23,200 --> 00:36:25,800 Speaker 15: to see my money invested or it's going to generate 753 00:36:25,840 --> 00:36:26,520 Speaker 15: the most return. 754 00:36:26,840 --> 00:36:28,800 Speaker 2: Good insight. I appreciate it very much. Andrew Hoggard, the 755 00:36:28,840 --> 00:36:31,759 Speaker 2: Associate Agriculture Minster, speaking of which are ten minutes past seven. 756 00:36:32,680 --> 00:36:34,839 Speaker 2: The two farms we referred to in Hawk's Bay, one 757 00:36:34,880 --> 00:36:37,280 Speaker 2: was eight hundred hectares, the other was four eighty hectares, 758 00:36:37,320 --> 00:36:39,440 Speaker 2: and they're sold for I mean, look, I know it's 759 00:36:39,440 --> 00:36:41,200 Speaker 2: a lot of money, but if you live in Auckland, 760 00:36:41,239 --> 00:36:44,600 Speaker 2: it's not eight hundred hectares of prime land sold for 761 00:36:44,640 --> 00:36:48,359 Speaker 2: eight million, four hundred and eighty hectares five million in 762 00:36:48,400 --> 00:36:50,960 Speaker 2: buy a house worth more than that in Auckland. I 763 00:36:51,000 --> 00:36:52,720 Speaker 2: don't know if we're selling it off too cheap. Anyway, 764 00:36:52,760 --> 00:36:55,080 Speaker 2: Speaking of which, the and the reason the sheep stock 765 00:36:55,160 --> 00:36:57,800 Speaker 2: numbers we should be worried about. Westpac they had a 766 00:36:57,840 --> 00:36:59,839 Speaker 2: look at all of this and therefore casting a milk 767 00:36:59,840 --> 00:37:02,800 Speaker 2: prime of ten thirty for the season next season ten bucks. 768 00:37:02,880 --> 00:37:05,200 Speaker 2: It's big money, so we need sheep and cows and 769 00:37:05,239 --> 00:37:08,200 Speaker 2: all of that. Meat prices they see further increases beef 770 00:37:08,239 --> 00:37:11,120 Speaker 2: prices are production constraints in the state, so we're taking 771 00:37:11,120 --> 00:37:14,680 Speaker 2: advantage of that. The tariff's likely to be manageable. They 772 00:37:14,719 --> 00:37:18,680 Speaker 2: reckon lamb more. They expected to lift strong demand out 773 00:37:18,719 --> 00:37:22,520 Speaker 2: of Europe in the Middle East. Hought elevated and remaining 774 00:37:22,600 --> 00:37:27,600 Speaker 2: elevated orchard that's Kiwi fruit apples, elevated gangbusters. The only 775 00:37:28,560 --> 00:37:31,960 Speaker 2: bad news is locks. So we're planting trees and the 776 00:37:31,960 --> 00:37:33,879 Speaker 2: logs don't earn as much money. The stuff we're getting 777 00:37:33,920 --> 00:37:35,759 Speaker 2: rid of it is earning money like we've never seen. 778 00:37:36,600 --> 00:37:41,600 Speaker 1: Quarter past seven the Mic Asking Breakfast Full Show podcast 779 00:37:41,760 --> 00:37:44,239 Speaker 1: on iHeartRadio powered by News Talks That. 780 00:37:44,320 --> 00:37:48,200 Speaker 2: Be John Key Shortley Nickbrand after right seventeen past seven, Well, 781 00:37:48,200 --> 00:37:50,360 Speaker 2: the Trump ideology is well and truly landed on New 782 00:37:50,440 --> 00:37:52,879 Speaker 2: Zealand shores of the universal ten percent on everything didn't 783 00:37:52,920 --> 00:37:55,160 Speaker 2: rip unity. How about the one hundred percent on movies 784 00:37:55,200 --> 00:37:56,200 Speaker 2: made outside America. 785 00:37:56,360 --> 00:37:58,120 Speaker 7: I'm not looking to hurt the Indus, joy, I want 786 00:37:58,120 --> 00:38:02,680 Speaker 7: to help the industry, but they're given financing by other countries. 787 00:38:02,719 --> 00:38:07,759 Speaker 7: They've given a lot of things, and the industry was decimated. 788 00:38:07,840 --> 00:38:10,120 Speaker 7: If you look at how little is done in this 789 00:38:10,200 --> 00:38:11,919 Speaker 7: country now, you know, you think we were the ones 790 00:38:11,960 --> 00:38:14,480 Speaker 7: We used to do one hundred not long ago, one 791 00:38:14,560 --> 00:38:19,799 Speaker 7: hundred percent. Now we do almost like very Little's shuck in. 792 00:38:20,000 --> 00:38:24,080 Speaker 2: Screen Production Development to Assistant president Associate president Iron Gardeners 793 00:38:24,080 --> 00:38:24,960 Speaker 2: with us iren. 794 00:38:24,719 --> 00:38:26,799 Speaker 19: Good morning, Good morning mate. 795 00:38:26,960 --> 00:38:30,040 Speaker 2: He's right, isn't he. We subsidize and he wants to 796 00:38:30,040 --> 00:38:31,120 Speaker 2: balance the playing field. 797 00:38:32,080 --> 00:38:36,520 Speaker 19: Well, he's not entirely right, because actually the problem he's 798 00:38:36,560 --> 00:38:40,399 Speaker 19: trying to solve, which is building in particular Hollywood LA 799 00:38:40,560 --> 00:38:43,480 Speaker 19: back up again. There's a few contributing factors there to 800 00:38:43,480 --> 00:38:46,920 Speaker 19: do with COVID, the strikes, the fires, and there'd actually 801 00:38:46,960 --> 00:38:49,480 Speaker 19: be different ways to do that, including looking at their 802 00:38:49,520 --> 00:38:51,920 Speaker 19: own incentives and the type of films they make and 803 00:38:51,960 --> 00:38:55,080 Speaker 19: so on and so forth. So he's kind of that's 804 00:38:55,080 --> 00:38:57,440 Speaker 19: the problem I think he's trying to solve because he 805 00:38:57,480 --> 00:39:00,839 Speaker 19: hasn't quite got his green industry terminal. You right, He's 806 00:39:00,880 --> 00:39:04,080 Speaker 19: actually talked about films not made in America getting the 807 00:39:04,200 --> 00:39:07,840 Speaker 19: terrifle that would actually not be American films that shoot 808 00:39:07,920 --> 00:39:10,080 Speaker 19: somewhere else, that would actually be you know, like a 809 00:39:10,120 --> 00:39:13,279 Speaker 19: New Zealand film like Tina couldn't go there. But I 810 00:39:13,320 --> 00:39:15,560 Speaker 19: don't think that's what he means. What he means is 811 00:39:15,560 --> 00:39:17,600 Speaker 19: the big films that are taking an incentive. 812 00:39:17,880 --> 00:39:19,719 Speaker 2: Do you actually know, I mean, no one knows what 813 00:39:19,719 --> 00:39:21,920 Speaker 2: he means, does he? So, so what happens you shoot? 814 00:39:21,920 --> 00:39:23,920 Speaker 2: You shoot something in Los Angeles, then you flick a 815 00:39:23,920 --> 00:39:26,480 Speaker 2: bit of it off to wetter and then they finish 816 00:39:26,560 --> 00:39:28,239 Speaker 2: it off somewhere else and then they take it back 817 00:39:28,239 --> 00:39:30,000 Speaker 2: to America. Now is that American made or not? 818 00:39:30,840 --> 00:39:33,640 Speaker 19: Well, see, that's still an American movie, it's still in 819 00:39:33,680 --> 00:39:36,759 Speaker 19: American production. That's where it's terminology is quite confusing. And 820 00:39:36,800 --> 00:39:39,799 Speaker 19: so I don't know how you could actually do what 821 00:39:39,960 --> 00:39:42,960 Speaker 19: he is talking about doing. And I guess that's what 822 00:39:43,080 --> 00:39:45,399 Speaker 19: will shake down in the next few days. And that's 823 00:39:45,440 --> 00:39:48,160 Speaker 19: why I would tell you our members and other screen 824 00:39:48,200 --> 00:39:51,400 Speaker 19: industry not to panic. But but you know, people do 825 00:39:51,440 --> 00:39:55,000 Speaker 19: get very unsettled because the American movie is either shooting 826 00:39:55,000 --> 00:39:57,520 Speaker 19: here or post producing here, you know, using wetter special 827 00:39:57,520 --> 00:40:02,080 Speaker 19: effects or whatever. That's a huge chunk our screen industry money. 828 00:40:02,400 --> 00:40:04,040 Speaker 19: And you wouldn't want to lose that, and you wouldn't 829 00:40:04,040 --> 00:40:06,239 Speaker 19: want to lose the training grounds and all of that, 830 00:40:06,480 --> 00:40:09,279 Speaker 19: and it won't actually help solve the problem. And people 831 00:40:09,360 --> 00:40:12,400 Speaker 19: don't only shoot in a territory because of the incentives. 832 00:40:12,400 --> 00:40:14,360 Speaker 19: I mean they shoot in New Zealand sometimes because of 833 00:40:14,920 --> 00:40:18,319 Speaker 19: physical things. We've got landscape things exactly. So it's all 834 00:40:18,320 --> 00:40:21,600 Speaker 19: a little confusing. And I would, you know, just because 835 00:40:21,600 --> 00:40:24,040 Speaker 19: a lot of our producer members are local producers, I 836 00:40:24,040 --> 00:40:26,680 Speaker 19: would just say the reason you need to keep local 837 00:40:26,800 --> 00:40:29,319 Speaker 19: strong because international can be very variable. 838 00:40:29,680 --> 00:40:31,920 Speaker 2: Good on you iren, listen. Once it shuts down, we 839 00:40:31,960 --> 00:40:33,799 Speaker 2: know what the hell's going on. We'll get you back 840 00:40:33,800 --> 00:40:36,400 Speaker 2: on and have a longer conversation. I think I have 841 00:40:36,480 --> 00:40:38,839 Speaker 2: a solution to a problem that was presented to us 842 00:40:38,840 --> 00:40:43,080 Speaker 2: by the bureaucracy yesterday, who presented some data that said 843 00:40:43,080 --> 00:40:45,560 Speaker 2: this is not good. We don't know why it's happening. 844 00:40:45,640 --> 00:40:46,600 Speaker 2: I might have an answer. 845 00:40:46,640 --> 00:40:52,440 Speaker 1: Seven twenty The Mike Asking Breakfast Full Show podcast on 846 00:40:52,600 --> 00:40:55,160 Speaker 1: iHeartRadio powered by News Talks that be. 847 00:40:57,400 --> 00:40:59,280 Speaker 2: Now, if you're a business leader, you know how important 848 00:40:59,280 --> 00:41:02,440 Speaker 2: the old content generation is. Whether you're producing technical documentation, 849 00:41:02,520 --> 00:41:06,040 Speaker 2: customer messages, knowledge articles, at scale, speed, effectiveness, all of 850 00:41:06,080 --> 00:41:08,640 Speaker 2: that's vital vital, vital vital. So what if AI could 851 00:41:08,640 --> 00:41:11,480 Speaker 2: help you with these workflows automating the production of the 852 00:41:11,520 --> 00:41:14,160 Speaker 2: content with your own unique style and brand tone. Well, 853 00:41:14,239 --> 00:41:17,840 Speaker 2: one net sister company Grizzly AI. What they've got is 854 00:41:17,880 --> 00:41:20,040 Speaker 2: a safe and secure path for risk averse businesses to 855 00:41:20,080 --> 00:41:23,400 Speaker 2: access generative AIS. Simple as that, So, Grizzly AI. That 856 00:41:23,560 --> 00:41:26,480 Speaker 2: software means that you can generate content much more effectively 857 00:41:26,520 --> 00:41:29,120 Speaker 2: than any AI tool you may have used to date. So, 858 00:41:29,400 --> 00:41:30,960 Speaker 2: if you want to make a profit, one net dot 859 00:41:31,000 --> 00:41:33,880 Speaker 2: co dot nz is where you go requests a complementary 860 00:41:33,920 --> 00:41:37,600 Speaker 2: consultation to assess how your business can generate superior content 861 00:41:38,000 --> 00:41:41,080 Speaker 2: with the AI. It is one Net. They're good, Grizzly AI. 862 00:41:41,239 --> 00:41:47,000 Speaker 2: They're good together, gangbusters, your partners in productivity Cosking seven 863 00:41:47,040 --> 00:41:50,400 Speaker 2: twenty four. I always find it amusing when officialdom is confused, 864 00:41:50,440 --> 00:41:52,440 Speaker 2: and they seem confused yesterday as to why so many 865 00:41:52,480 --> 00:41:55,320 Speaker 2: of our brightest minds have bailed and gone off overseas. 866 00:41:55,360 --> 00:41:57,120 Speaker 2: Now this is the group of top achievers at school 867 00:41:59,000 --> 00:42:02,520 Speaker 2: in CEA level are the ones with international qualifications as well. 868 00:42:02,560 --> 00:42:05,400 Speaker 2: Now more of them than ever have left the country. 869 00:42:05,440 --> 00:42:09,120 Speaker 2: Officialdom here doesn't know if they're enrolled off shore or 870 00:42:09,400 --> 00:42:13,879 Speaker 2: here's the critical point why they left. Fortunately I can help, well, 871 00:42:13,880 --> 00:42:17,160 Speaker 2: at least a little bit. We had one leave, couldn't 872 00:42:17,200 --> 00:42:19,360 Speaker 2: get out fast enough, went off and studied. We have 873 00:42:19,400 --> 00:42:22,240 Speaker 2: a niece currently studying offshore. We also have a nephew 874 00:42:22,360 --> 00:42:25,840 Speaker 2: who left, studied and graduated last year. They were or 875 00:42:25,880 --> 00:42:27,960 Speaker 2: are all bright, all got top marks, and here is 876 00:42:28,000 --> 00:42:31,120 Speaker 2: official them's answer. All wanted to get the hell out 877 00:42:31,120 --> 00:42:35,000 Speaker 2: of here. Studying at an overseas university has become a 878 00:42:35,040 --> 00:42:37,400 Speaker 2: thing in the last handful of years. In one way, 879 00:42:37,600 --> 00:42:39,279 Speaker 2: it is no different to the vast ways of other 880 00:42:39,320 --> 00:42:41,520 Speaker 2: New Zealanders who have set records exiting in the past 881 00:42:41,560 --> 00:42:44,080 Speaker 2: couple of years as well. In simple terms, the brighter 882 00:42:44,120 --> 00:42:46,319 Speaker 2: you are, the more prospects you have. Part of your 883 00:42:46,360 --> 00:42:48,719 Speaker 2: brain power and academic success will have led you to 884 00:42:48,800 --> 00:42:51,280 Speaker 2: the realization that there is a big world out there 885 00:42:51,360 --> 00:42:53,799 Speaker 2: with a lot of opportunities. You want a slice of 886 00:42:53,840 --> 00:42:58,000 Speaker 2: this action. Anecdotally, as regards higher study, post secondary school, 887 00:42:58,040 --> 00:43:00,239 Speaker 2: I can tell you the amount of Marian doctrination at 888 00:43:00,280 --> 00:43:03,439 Speaker 2: high school these days is not just absurd, but counterproductive. 889 00:43:03,480 --> 00:43:03,600 Speaker 15: Now. 890 00:43:03,640 --> 00:43:05,719 Speaker 2: I know it's not PC to say that, and I 891 00:43:05,800 --> 00:43:08,360 Speaker 2: know it's not scientifically fact based, but I know what 892 00:43:08,480 --> 00:43:11,719 Speaker 2: kids tell me. And even in this current generation, which 893 00:43:11,760 --> 00:43:13,520 Speaker 2: is far more willing and open to this type of 894 00:43:13,600 --> 00:43:16,480 Speaker 2: bilingual Mari based approach to learning, by the time you've 895 00:43:16,480 --> 00:43:19,480 Speaker 2: had five years of it at high school, you're done 896 00:43:19,719 --> 00:43:23,160 Speaker 2: what they failed the Grip when they were hell bent 897 00:43:23,200 --> 00:43:25,680 Speaker 2: for leather. And this applies to broader life in New Zealand, 898 00:43:25,760 --> 00:43:28,600 Speaker 2: ranging for Mari names of government departments to news greetings 899 00:43:28,600 --> 00:43:31,200 Speaker 2: on the television at night. If you overegg something, you 900 00:43:31,280 --> 00:43:33,840 Speaker 2: get pushback, which is where we are right now. But 901 00:43:33,920 --> 00:43:37,080 Speaker 2: I think there also must be some acceptance that is 902 00:43:37,120 --> 00:43:39,160 Speaker 2: a small, insular country at the bottom of the world. 903 00:43:39,400 --> 00:43:42,240 Speaker 2: When times are tough, the world remains shiny and brains 904 00:43:42,239 --> 00:43:45,640 Speaker 2: get you access. I would have once said, and this 905 00:43:45,680 --> 00:43:47,840 Speaker 2: is the really sad part about this, I would have 906 00:43:47,840 --> 00:43:50,160 Speaker 2: once said, most come home. But I look at our 907 00:43:50,239 --> 00:43:54,080 Speaker 2: wider family and I'm not sure that's actually true anymore. 908 00:43:54,600 --> 00:43:57,000 Speaker 2: Asking the real issue isn't the price farm self, for 909 00:43:57,080 --> 00:43:59,040 Speaker 2: it's the economic loss from the drop in productivity. It's 910 00:43:59,040 --> 00:44:01,080 Speaker 2: a very good point. It's a very good point. If 911 00:44:01,120 --> 00:44:02,400 Speaker 2: you plant a tree, what are you getting out of 912 00:44:02,400 --> 00:44:03,880 Speaker 2: the land as opposed to sheep and cows and the 913 00:44:03,920 --> 00:44:05,400 Speaker 2: sort of money we're making at the moment. Thank you, 914 00:44:05,440 --> 00:44:09,360 Speaker 2: Mike for the accurate context. Whereece Stanford's email situation, Mike's 915 00:44:09,440 --> 00:44:11,920 Speaker 2: double standards. As it seems, Erica Stanford has so much 916 00:44:11,960 --> 00:44:15,080 Speaker 2: credit in my bank. I'm not interested in this email saga. 917 00:44:15,800 --> 00:44:17,799 Speaker 2: It's been addressed with her. Are more interested in how 918 00:44:17,840 --> 00:44:21,000 Speaker 2: she's reforming education. Very good point. Political capital counts. Of course, 919 00:44:21,040 --> 00:44:23,000 Speaker 2: if she was a weak link, it might be different. 920 00:44:23,160 --> 00:44:25,359 Speaker 2: But I take lux and yet again, you could see 921 00:44:25,400 --> 00:44:27,840 Speaker 2: him yesterday going, honestly, are we dealing with this? Is 922 00:44:27,880 --> 00:44:29,520 Speaker 2: this the sort of crap I have to deal with? 923 00:44:29,800 --> 00:44:32,040 Speaker 2: Mike ree Stanford? The fact T, B and Z has 924 00:44:32,080 --> 00:44:34,320 Speaker 2: devoted so much time to attempting to smear this woman's 925 00:44:34,320 --> 00:44:36,520 Speaker 2: good name only goes to show how nervous they are 926 00:44:36,560 --> 00:44:39,520 Speaker 2: of her popularity. I think you've overregged that. I don't 927 00:44:39,520 --> 00:44:42,040 Speaker 2: think that's true. I don't think they run that overta 928 00:44:42,280 --> 00:44:45,319 Speaker 2: and agenda, but they're certainly doing themselves. No favors, and 929 00:44:45,360 --> 00:44:47,399 Speaker 2: I do reiterate TV three ran with the same thing. 930 00:44:47,400 --> 00:44:49,120 Speaker 2: It's not just TV and Z, although T B and 931 00:44:49,200 --> 00:44:51,040 Speaker 2: z's got the story and TV three copied it, and 932 00:44:51,080 --> 00:44:53,960 Speaker 2: god knows how TV and Z justify part two tonight. 933 00:44:54,280 --> 00:44:56,359 Speaker 2: I think on some of these coalition issues, such as 934 00:44:56,400 --> 00:44:59,719 Speaker 2: yesterday's texting after Chris Hipkins would be far better off 935 00:45:00,160 --> 00:45:02,440 Speaker 2: to make a comment along the lines of there was 936 00:45:02,440 --> 00:45:05,440 Speaker 2: nothing to see here. That's an excellent point for a 937 00:45:05,440 --> 00:45:07,279 Speaker 2: blow through. Said he wasn't going to bark at every 938 00:45:07,320 --> 00:45:11,279 Speaker 2: dog and passing car, or barking every passing car or whatever. 939 00:45:11,440 --> 00:45:14,920 Speaker 2: City wasn't going to do. He is, and he undermines himself, 940 00:45:15,000 --> 00:45:17,000 Speaker 2: especially as a person who's done it himself. 941 00:45:18,440 --> 00:45:22,440 Speaker 1: New Zealand's voice of reason is Mike the mic hosking 942 00:45:22,480 --> 00:45:26,919 Speaker 1: Breakfast with al Vida, Retirement Communities, Life your Way, News, 943 00:45:26,960 --> 00:45:27,560 Speaker 1: togs Hea'd be. 944 00:45:27,640 --> 00:45:30,000 Speaker 2: He's over, and the snooker train. 945 00:45:29,680 --> 00:45:31,759 Speaker 18: Went treking the nerves at jaymin which I. 946 00:45:31,920 --> 00:45:32,680 Speaker 2: Certain they are. 947 00:45:34,280 --> 00:45:38,800 Speaker 19: So wills he came here. 948 00:45:38,719 --> 00:45:43,400 Speaker 18: Tonight just playing for pride. I'd buy did his turbos 949 00:45:43,440 --> 00:45:47,440 Speaker 18: with pride on his performance. But I always thought jaos 950 00:45:47,560 --> 00:45:49,560 Speaker 18: in tongue the way he's been playing when he got 951 00:45:49,560 --> 00:45:50,240 Speaker 18: that one. 952 00:45:50,160 --> 00:45:52,360 Speaker 3: Chance he just found she would take it. 953 00:45:52,520 --> 00:45:55,359 Speaker 2: What a town, what a player, as your. 954 00:45:55,360 --> 00:46:00,000 Speaker 18: First ever champion of the world is absolutely tremendous. 955 00:46:00,400 --> 00:46:04,280 Speaker 2: Yes, that's so Chaosingtong first, as he mentioned Chinese players. 956 00:46:04,320 --> 00:46:08,280 Speaker 2: Certainly the cloud. He was part of the cheating scandal, 957 00:46:08,320 --> 00:46:10,840 Speaker 2: the betting scandal, and he'd been banned for two years 958 00:46:10,880 --> 00:46:13,719 Speaker 2: and he's only just come back. But he's right, he 959 00:46:13,840 --> 00:46:17,000 Speaker 2: is a talent twenty two minutes away from aquis right. 960 00:46:17,120 --> 00:46:19,319 Speaker 2: But the business in this country whose hundreds to gather 961 00:46:19,360 --> 00:46:21,880 Speaker 2: at the inaugural Lighthouse Ignite twenty five to summit. The 962 00:46:21,880 --> 00:46:24,360 Speaker 2: plan has to stark business led growth in the economy 963 00:46:24,400 --> 00:46:27,279 Speaker 2: to start. Turn is to John Key, who is with us. 964 00:46:27,360 --> 00:46:30,120 Speaker 2: Very good morning to you, Mollie, Mike. Are we in 965 00:46:30,239 --> 00:46:32,839 Speaker 2: need of a shot in the arm? 966 00:46:33,239 --> 00:46:33,759 Speaker 12: Oh yeah. 967 00:46:33,840 --> 00:46:35,400 Speaker 6: Look, I think if you walk out there at the 968 00:46:35,440 --> 00:46:38,400 Speaker 6: moment and ask people what's the business environment like, I 969 00:46:38,440 --> 00:46:40,399 Speaker 6: think most people would say it's been pretty tough over 970 00:46:40,400 --> 00:46:44,360 Speaker 6: the last eighteen months, a few years. But you know, 971 00:46:44,640 --> 00:46:46,360 Speaker 6: a bit, as they say in ice hockey, it's a 972 00:46:46,400 --> 00:46:48,279 Speaker 6: little bit less about where the puck's been, a bit 973 00:46:48,360 --> 00:46:51,920 Speaker 6: more about where it's going. And I think the fundamental 974 00:46:51,960 --> 00:46:54,880 Speaker 6: reason we've been in such bad shape is because interest 975 00:46:54,920 --> 00:46:57,759 Speaker 6: rates have been in the wrong place, and that's been 976 00:46:57,800 --> 00:47:01,400 Speaker 6: a slightly self induced position. Too much been by the 977 00:47:01,400 --> 00:47:05,080 Speaker 6: previous government, too much pressure, pretty slow to react I 978 00:47:05,120 --> 00:47:07,880 Speaker 6: think personally on the en straight environment from the Reserve Bank. 979 00:47:08,600 --> 00:47:12,320 Speaker 6: So have you accept that argument in straits have been lowered. 980 00:47:12,360 --> 00:47:14,279 Speaker 6: I think actually they're going to come down even more. 981 00:47:14,360 --> 00:47:16,759 Speaker 6: I mean, it's less predictable from here. Still think they 982 00:47:16,800 --> 00:47:20,680 Speaker 6: they're lower and you'll start breathing some confidence back. And 983 00:47:20,760 --> 00:47:23,239 Speaker 6: I think you're very slowly saying to see that in 984 00:47:23,239 --> 00:47:25,719 Speaker 6: the housing market, agriculture, as you've pointed out in your 985 00:47:25,719 --> 00:47:28,799 Speaker 6: show many times, is on fire. And actually I think 986 00:47:28,800 --> 00:47:30,759 Speaker 6: there's some things the government are doing. I mean my 987 00:47:30,920 --> 00:47:34,080 Speaker 6: understanding is the uptake of this high neck with individual 988 00:47:34,160 --> 00:47:38,480 Speaker 6: visa category is really starting to pour it in big way. 989 00:47:38,200 --> 00:47:40,680 Speaker 6: So again, you know, there's some light at the end 990 00:47:40,719 --> 00:47:41,240 Speaker 6: of the tunnel. 991 00:47:41,239 --> 00:47:43,400 Speaker 2: Really, Okay, having said all of that, do we know 992 00:47:43,440 --> 00:47:45,560 Speaker 2: where the puck is going when we've got a bloke 993 00:47:45,600 --> 00:47:48,520 Speaker 2: in America who's changing the rules literally on a daily basis. 994 00:47:49,480 --> 00:47:52,240 Speaker 6: Yeah, I mean, you know, to describe as unpredictable would 995 00:47:52,239 --> 00:47:56,440 Speaker 6: be you know, an understatement. But let's just take one 996 00:47:56,480 --> 00:47:58,560 Speaker 6: step back and say, what do we know? Okay, so 997 00:47:58,680 --> 00:48:01,640 Speaker 6: Donald Trump hates trade, has go look at the videos 998 00:48:01,640 --> 00:48:04,400 Speaker 6: of the forty years ago. He hasn't Changed's saying the 999 00:48:04,400 --> 00:48:07,560 Speaker 6: same thing as he was then as he is now, 1000 00:48:07,800 --> 00:48:10,040 Speaker 6: and he fundamentally thinks that the playing field is not 1001 00:48:10,160 --> 00:48:13,640 Speaker 6: level and America gets taken advantage of now to a degree, 1002 00:48:15,719 --> 00:48:18,279 Speaker 6: to a level playing field. Right, Not so I agree 1003 00:48:18,320 --> 00:48:21,520 Speaker 6: with his policies. I'm saying it's god point. So then 1004 00:48:21,560 --> 00:48:25,920 Speaker 6: you still say, okay, well he's put on these massive 1005 00:48:25,920 --> 00:48:28,759 Speaker 6: tariffs and what did he get? An enormous vomit from 1006 00:48:29,440 --> 00:48:33,080 Speaker 6: the stock market and the bond markets, and that forced 1007 00:48:33,120 --> 00:48:35,200 Speaker 6: him to take them off of everyone except China. 1008 00:48:35,280 --> 00:48:36,920 Speaker 10: So it's part China up for a few seconds. 1009 00:48:36,920 --> 00:48:38,560 Speaker 6: I was there last week at shit in China. But 1010 00:48:39,000 --> 00:48:41,360 Speaker 6: take that out, you know, take that off the table 1011 00:48:41,400 --> 00:48:45,000 Speaker 6: for a second, because they're an individual case. Then what 1012 00:48:45,040 --> 00:48:47,040 Speaker 6: he's sort of saying is well, I'm going to negotiate 1013 00:48:47,120 --> 00:48:49,040 Speaker 6: with people, and I'm going to negotiate with countries. We'll 1014 00:48:49,040 --> 00:48:50,879 Speaker 6: see how it all goes. If you don't play ball, 1015 00:48:50,920 --> 00:48:54,320 Speaker 6: I'll put it back on. But he is the best predictor. 1016 00:48:54,440 --> 00:48:57,920 Speaker 6: I think the markets, and that is the markets themselves, 1017 00:48:58,120 --> 00:49:01,719 Speaker 6: the stop market, the bond markets, currency markets. They are 1018 00:49:01,760 --> 00:49:06,800 Speaker 6: not buying that he's leaving massive tariffs on When he 1019 00:49:06,880 --> 00:49:10,160 Speaker 6: put them on, they had a terrible reaction, you know, 1020 00:49:10,320 --> 00:49:13,000 Speaker 6: as Andrew Kalaher points out on your show every morning. 1021 00:49:13,960 --> 00:49:16,280 Speaker 6: You know, that's not been the situation for the last 1022 00:49:16,640 --> 00:49:19,279 Speaker 6: twelve days. So these people are pretty smart and they've 1023 00:49:19,320 --> 00:49:21,960 Speaker 6: worked out that he's going to negotiate some solution. 1024 00:49:22,280 --> 00:49:25,680 Speaker 2: Okay, India, our boots are on the ground for this FTA. 1025 00:49:25,880 --> 00:49:27,960 Speaker 2: You tried, you couldn't do it. Will they this time 1026 00:49:28,000 --> 00:49:29,080 Speaker 2: and will it be quality? 1027 00:49:30,120 --> 00:49:33,160 Speaker 10: Got a better chance with Mumhu, with Mody. 1028 00:49:33,920 --> 00:49:36,280 Speaker 6: I was then with mum Hun Sing lovely man actually 1029 00:49:36,280 --> 00:49:37,280 Speaker 6: passed away recently. 1030 00:49:37,400 --> 00:49:39,840 Speaker 10: But you know I was up against the bureaucracy and 1031 00:49:39,880 --> 00:49:40,799 Speaker 10: never want to do it. 1032 00:49:41,520 --> 00:49:43,480 Speaker 6: I think this is the way to look at it 1033 00:49:43,560 --> 00:49:46,279 Speaker 6: is that I think if you believe you're going to 1034 00:49:46,280 --> 00:49:50,240 Speaker 6: get a comprehensive, you know, incredible suit in US FTA 1035 00:49:50,520 --> 00:49:54,080 Speaker 6: with India in day one, then I think you're going 1036 00:49:54,120 --> 00:49:56,759 Speaker 6: to be disappointed. And I mean I remember standing in 1037 00:49:56,800 --> 00:50:01,520 Speaker 6: the Beehive theaterre doing a press conference with the visiting 1038 00:50:01,640 --> 00:50:05,680 Speaker 6: then India Minister of Trade from India, and he said, 1039 00:50:05,760 --> 00:50:07,200 Speaker 6: I'll do an STA with. 1040 00:50:07,320 --> 00:50:09,920 Speaker 10: New Zealand on the podium right. 1041 00:50:09,719 --> 00:50:13,400 Speaker 6: Here, right now, And I said, yeah, but you'll exclude 1042 00:50:13,440 --> 00:50:17,000 Speaker 6: agriculture and you'll exclude all the little things we want 1043 00:50:17,160 --> 00:50:19,279 Speaker 6: right And it's like a lot of things, like you 1044 00:50:19,320 --> 00:50:21,200 Speaker 6: can write anything down, but if you exclude the bits 1045 00:50:21,239 --> 00:50:24,560 Speaker 6: of matter, it doesn't do much. So my point would 1046 00:50:24,640 --> 00:50:27,760 Speaker 6: be you can always get an FDA. That's not the judge. 1047 00:50:27,840 --> 00:50:31,400 Speaker 6: It's the quality or the tests. It's the quality of 1048 00:50:31,400 --> 00:50:34,360 Speaker 6: what actually comes out the other end. But I suspect 1049 00:50:34,400 --> 00:50:36,040 Speaker 6: what's going to happen is they're going to get what 1050 00:50:36,239 --> 00:50:38,840 Speaker 6: in sort of trade talk is called the early harvest. 1051 00:50:38,920 --> 00:50:42,000 Speaker 6: I think they'll get certain categories where they'll get some game. 1052 00:50:42,200 --> 00:50:44,760 Speaker 6: So for the likes of maybe a zespre for instance, 1053 00:50:44,840 --> 00:50:46,920 Speaker 6: could be really really important and really. 1054 00:50:46,800 --> 00:50:49,000 Speaker 10: Useful across the board. 1055 00:50:49,160 --> 00:50:50,879 Speaker 6: That takes a much longer period of time. 1056 00:50:51,239 --> 00:50:53,800 Speaker 2: You made a very good point about the trump point, 1057 00:50:53,840 --> 00:50:55,920 Speaker 2: which is that it's not a level playing field. And 1058 00:50:55,920 --> 00:50:57,840 Speaker 2: one of the people who moved the level playing field 1059 00:50:57,840 --> 00:51:00,920 Speaker 2: away from being leveled was you. When you're older, Jackson 1060 00:51:00,960 --> 00:51:03,520 Speaker 2: into Premier House and the LTD all those years ago 1061 00:51:04,840 --> 00:51:06,600 Speaker 2: and on that Trump is right, isn't he. 1062 00:51:07,600 --> 00:51:10,080 Speaker 10: Yeah, no, no, Look here's the deal. 1063 00:51:10,280 --> 00:51:13,400 Speaker 6: I mean when we put in the incentives, which there 1064 00:51:13,400 --> 00:51:16,160 Speaker 6: were already something sentences there, but we fundamentally made them 1065 00:51:16,160 --> 00:51:19,200 Speaker 6: better than let's be ones for the movie industry. 1066 00:51:20,080 --> 00:51:20,680 Speaker 10: I remember the. 1067 00:51:20,640 --> 00:51:23,840 Speaker 6: Discussions around the cabinet, and you know, it's like a 1068 00:51:23,880 --> 00:51:27,000 Speaker 6: lot ofs around the cabinet table. You may not like 1069 00:51:27,080 --> 00:51:30,360 Speaker 6: what you suggested. You just like the alternative even less, 1070 00:51:30,760 --> 00:51:32,959 Speaker 6: which was they were going to go to the UK 1071 00:51:33,120 --> 00:51:35,799 Speaker 6: and make the Hobbits over there. Peda didn't want to go, 1072 00:51:36,239 --> 00:51:37,960 Speaker 6: if you want to. Brothers thought he'd make a better 1073 00:51:38,040 --> 00:51:40,480 Speaker 6: movie in a series of movies in New Zealand, like 1074 00:51:40,520 --> 00:51:43,640 Speaker 6: he did. But the reality was that it's just a 1075 00:51:44,040 --> 00:51:48,240 Speaker 6: business that gravitates to where the incentives are the greatest. 1076 00:51:48,920 --> 00:51:53,240 Speaker 6: And so you've seen a hollowing out of the movie 1077 00:51:53,280 --> 00:51:57,240 Speaker 6: industry in Hollywood. And so Trump is right about that actually, 1078 00:51:57,760 --> 00:52:01,080 Speaker 6: and so I guess my point. I think if we 1079 00:52:01,120 --> 00:52:03,200 Speaker 6: all sit there and say, if he really can put 1080 00:52:03,239 --> 00:52:06,600 Speaker 6: one hundred percent tariff on and let's a very significant terror, 1081 00:52:07,480 --> 00:52:10,160 Speaker 6: I don't know exactly where it applies, like for instance, 1082 00:52:10,200 --> 00:52:13,480 Speaker 6: I mean, you know, there's only so much AI generation. 1083 00:52:13,160 --> 00:52:14,960 Speaker 10: You might want to do of a backdrop that. 1084 00:52:15,000 --> 00:52:17,799 Speaker 6: Was used in the making of many movies that have 1085 00:52:18,120 --> 00:52:21,520 Speaker 6: used New Zeale landscape, or where you've used very specific 1086 00:52:21,600 --> 00:52:24,200 Speaker 6: technology out of where the workshops. So let's just argue 1087 00:52:24,239 --> 00:52:26,759 Speaker 6: for moments of very large terror. Then there's just no 1088 00:52:26,920 --> 00:52:29,959 Speaker 6: getting away from the fact that it will completely rebalance 1089 00:52:30,320 --> 00:52:33,719 Speaker 6: the cost effectiveness of where things are made. But on 1090 00:52:33,760 --> 00:52:35,520 Speaker 6: the other side of the coin, the only point it'd 1091 00:52:35,560 --> 00:52:38,759 Speaker 6: sort of make is that if that meant that everyone 1092 00:52:38,880 --> 00:52:45,560 Speaker 6: eliminated any kind of subsidies, then interestingly enough, actually New 1093 00:52:45,640 --> 00:52:48,359 Speaker 6: Zalem went on that basis because we've always been a 1094 00:52:48,400 --> 00:52:51,600 Speaker 6: really good place to do things because of the skills 1095 00:52:51,600 --> 00:52:54,200 Speaker 6: and talent here and the natural landscape exactly. 1096 00:52:54,200 --> 00:52:55,960 Speaker 2: I was talking before the news about kids leaving the 1097 00:52:55,960 --> 00:52:58,680 Speaker 2: country and the numbers and generally New Zealanders leaving the country. 1098 00:52:58,719 --> 00:53:00,200 Speaker 2: As a person who can live in you where the 1099 00:53:00,200 --> 00:53:02,239 Speaker 2: world are you bullish for this place? 1100 00:53:02,280 --> 00:53:03,879 Speaker 10: Still? Yeah? 1101 00:53:04,160 --> 00:53:06,560 Speaker 6: I mean, you know the sort of argments that you 1102 00:53:06,600 --> 00:53:07,160 Speaker 6: hear sometimes. 1103 00:53:07,800 --> 00:53:10,400 Speaker 10: You know, we're a giant retirement village and with this. 1104 00:53:10,560 --> 00:53:13,600 Speaker 6: And with that, yeah, yeah, okay, but I get that, 1105 00:53:13,719 --> 00:53:16,560 Speaker 6: and I don't want to be some sort of ridiculous Pollyanna. 1106 00:53:16,239 --> 00:53:18,319 Speaker 10: But you know, I travel the world quite a lot. 1107 00:53:18,320 --> 00:53:20,480 Speaker 6: I'm off the States next week, and as I was 1108 00:53:20,560 --> 00:53:21,680 Speaker 6: in China last week. 1109 00:53:22,200 --> 00:53:23,760 Speaker 10: You still get that feeling when. 1110 00:53:23,600 --> 00:53:26,080 Speaker 6: You come home to New Zealand where there's it's more 1111 00:53:26,120 --> 00:53:28,560 Speaker 6: than just look it's a nice place to live in there. 1112 00:53:28,880 --> 00:53:31,879 Speaker 6: Every country you go to has significant problems. I mean, 1113 00:53:32,560 --> 00:53:35,760 Speaker 6: just list them in the United States, from racial issues 1114 00:53:35,800 --> 00:53:39,080 Speaker 6: to break trust in the systems, to it no longer 1115 00:53:39,120 --> 00:53:41,440 Speaker 6: independent judiciary. I mean, you just go on and on 1116 00:53:41,320 --> 00:53:42,960 Speaker 6: and on, can't you. But it still doesn't mean it's 1117 00:53:42,960 --> 00:53:45,279 Speaker 6: not a great place to live. So my point is 1118 00:53:45,320 --> 00:53:47,200 Speaker 6: that it's the same one I always used to make 1119 00:53:47,239 --> 00:53:47,839 Speaker 6: when I was prime. 1120 00:53:47,880 --> 00:53:48,360 Speaker 10: Ands. 1121 00:53:48,400 --> 00:53:52,240 Speaker 6: Look, we have tyranny of distance, always been our problem. 1122 00:53:52,239 --> 00:53:53,320 Speaker 10: We're at the bottom of the world. 1123 00:53:53,360 --> 00:53:57,759 Speaker 6: Well, actually technology is changing that very rapidly in helping us. 1124 00:53:58,239 --> 00:54:00,759 Speaker 6: We also are very small. So while you know, like 1125 00:54:00,920 --> 00:54:03,239 Speaker 6: you know, I have sympathy for Chris la since PM 1126 00:54:03,719 --> 00:54:06,000 Speaker 6: slow to turn things around, but we're still a lot 1127 00:54:06,080 --> 00:54:08,879 Speaker 6: quicker to turn around in a bigger country. I mean, 1128 00:54:09,040 --> 00:54:12,320 Speaker 6: can we with the right policies, with the rights of 1129 00:54:12,400 --> 00:54:15,480 Speaker 6: the level of confidence, with the right sense of enthusiasm. 1130 00:54:16,040 --> 00:54:20,200 Speaker 6: Could we actually make New Zealand, you know, a fantastic 1131 00:54:20,400 --> 00:54:23,520 Speaker 6: better place than it currently is. The answer is absolutely. 1132 00:54:23,800 --> 00:54:26,319 Speaker 6: And I always thought, you know, like we campaigned three 1133 00:54:26,360 --> 00:54:31,160 Speaker 6: elections on ambitious for New Zealand building a brighter future. 1134 00:54:31,200 --> 00:54:31,880 Speaker 10: Why do we do that? 1135 00:54:31,960 --> 00:54:37,840 Speaker 6: Because that resonated number one with voters of anything we 1136 00:54:37,920 --> 00:54:41,080 Speaker 6: ever tested through a focus group, and that shows you 1137 00:54:41,200 --> 00:54:43,800 Speaker 6: people want their country to do really well. And actually, 1138 00:54:44,200 --> 00:54:46,320 Speaker 6: for the most part, New Zealand is a hard. 1139 00:54:46,080 --> 00:54:47,160 Speaker 10: Working, decent people. 1140 00:54:47,280 --> 00:54:50,520 Speaker 6: We actually do have decent institutions, like you know, a 1141 00:54:50,680 --> 00:54:54,400 Speaker 6: very loyal and dependable police force and the proper judiciary 1142 00:54:54,400 --> 00:54:57,239 Speaker 6: and all those things. So I guess that's a long 1143 00:54:57,280 --> 00:54:59,880 Speaker 6: winded way of saying we're a great place to grow things, 1144 00:55:00,080 --> 00:55:02,520 Speaker 6: We're a beautiful place to visit. We do have some 1145 00:55:02,640 --> 00:55:07,359 Speaker 6: very smart man do we need to do a hell 1146 00:55:07,400 --> 00:55:10,080 Speaker 6: of a lot better and pulus socks up? And actually 1147 00:55:10,160 --> 00:55:12,600 Speaker 6: do we need to be more welcoming to foreign capital? 1148 00:55:12,840 --> 00:55:14,719 Speaker 6: Smart foreigners who want to come and live here. 1149 00:55:15,000 --> 00:55:15,760 Speaker 10: People who want. 1150 00:55:15,600 --> 00:55:20,640 Speaker 6: To stop them these stupid things like oh I can't 1151 00:55:20,640 --> 00:55:22,480 Speaker 6: come here and buy a house. I mean, for God's say, 1152 00:55:22,760 --> 00:55:25,520 Speaker 6: if they've got an IQ that's well above one hundred 1153 00:55:25,560 --> 00:55:27,759 Speaker 6: and they're bringing capital or whatever. Let's have them in 1154 00:55:27,800 --> 00:55:30,920 Speaker 6: the country generating jobs. But can we do it? The 1155 00:55:30,960 --> 00:55:32,319 Speaker 6: abser is absolutely we can. 1156 00:55:32,640 --> 00:55:34,600 Speaker 2: Good stuff. I always good to talk to. You appreciate it. 1157 00:55:34,600 --> 00:55:36,520 Speaker 2: So John Key thirteen away from. 1158 00:55:36,320 --> 00:55:41,440 Speaker 1: A good the Mic Asking Breakfast Full Show podcast on 1159 00:55:41,640 --> 00:55:44,040 Speaker 1: iHeartRadio powered by News Talks a B. 1160 00:55:45,280 --> 00:55:47,279 Speaker 2: I won't read the text on John Key. You know 1161 00:55:47,320 --> 00:55:50,680 Speaker 2: what they say. Eighty home ownership specialists are currently being 1162 00:55:50,719 --> 00:55:53,480 Speaker 2: hired by ASB. Big surge coming and this will be 1163 00:55:53,520 --> 00:55:56,479 Speaker 2: applicable to wallbanks. I'm assuming big surge coming in home 1164 00:55:56,600 --> 00:56:00,120 Speaker 2: line applications on the fixed and interest rates a moving 1165 00:56:00,200 --> 00:56:02,680 Speaker 2: and people are wanting to do business. So somebody's getting 1166 00:56:02,680 --> 00:56:04,480 Speaker 2: a job, which I assume is encouraging by the way. 1167 00:56:04,520 --> 00:56:06,920 Speaker 2: Mike Watz, who got rolled the other day out of 1168 00:56:06,920 --> 00:56:11,040 Speaker 2: the Trump administration, this morning Smash which is an app 1169 00:56:11,080 --> 00:56:15,480 Speaker 2: that runs an app Schmart runs. It's in Israeli founded app. 1170 00:56:15,680 --> 00:56:19,840 Speaker 2: It acts as a modified version of Signal. Waltz liked Signal, 1171 00:56:20,239 --> 00:56:23,120 Speaker 2: hig Seth likes Signal. Problem with Signal as it's open 1172 00:56:23,200 --> 00:56:27,280 Speaker 2: to being hacked. Guess what that's right, it's been upon detection. 1173 00:56:27,480 --> 00:56:31,080 Speaker 2: We acted quickly to contain it and engaged an external 1174 00:56:31,120 --> 00:56:34,760 Speaker 2: cybersecurity firm to support our investigation. Out of an abundance 1175 00:56:34,800 --> 00:56:38,600 Speaker 2: of caution, all tele message services have been temporarily suspended, 1176 00:56:38,680 --> 00:56:40,760 Speaker 2: so you can see why he's ended up at the 1177 00:56:40,880 --> 00:56:42,520 Speaker 2: up at the un Let me come back to the 1178 00:56:42,560 --> 00:56:46,359 Speaker 2: retail business yesterday and the crime around retail and whether 1179 00:56:46,400 --> 00:56:48,520 Speaker 2: it's getting worse, whether we're just complating a couple of 1180 00:56:48,520 --> 00:56:49,800 Speaker 2: issues here eight to eight. 1181 00:56:50,280 --> 00:56:54,520 Speaker 1: The mic Hosking Breakfast with a Vita, Retirement Communities News 1182 00:56:54,560 --> 00:56:55,360 Speaker 1: togs head Bes. 1183 00:56:55,200 --> 00:56:57,320 Speaker 2: Slicks away from it. The reason we're not interviewing anybody 1184 00:56:57,360 --> 00:56:59,960 Speaker 2: about the Retail New Zealand survey on the fact that 1185 00:57:00,080 --> 00:57:03,080 Speaker 2: ninety nine percent of its membership experience some form of 1186 00:57:03,160 --> 00:57:05,680 Speaker 2: crime slash anti social behavior is because we have on 1187 00:57:05,719 --> 00:57:08,200 Speaker 2: this program a BS detector and as soon as that 1188 00:57:08,239 --> 00:57:10,840 Speaker 2: came out yesterday, it went whoop, warp whop, which is 1189 00:57:10,880 --> 00:57:13,960 Speaker 2: what our BS detector does. It's a whoop anyway, ninety 1190 00:57:14,040 --> 00:57:16,520 Speaker 2: nine percent, it's up from ninety three percent. What does 1191 00:57:16,520 --> 00:57:19,240 Speaker 2: this actually mean? And more importantly, why don't they make 1192 00:57:19,280 --> 00:57:22,800 Speaker 2: a distinction. This is not to defend crime in any way, 1193 00:57:22,880 --> 00:57:26,560 Speaker 2: shape or form or gormless morons who do stupid stuff 1194 00:57:26,560 --> 00:57:29,080 Speaker 2: and retail outlets. Don't get me wrong here for a second, 1195 00:57:29,560 --> 00:57:31,919 Speaker 2: but there are two different things. Crime is one thing. 1196 00:57:32,040 --> 00:57:35,479 Speaker 2: Antisocial behavior is something completely different. So if you lump 1197 00:57:35,560 --> 00:57:38,480 Speaker 2: social behavior or anti social behavior in with the crime figure, 1198 00:57:38,480 --> 00:57:40,440 Speaker 2: guess what you're going to have. Virtually everyone, when was 1199 00:57:40,480 --> 00:57:43,360 Speaker 2: the last time you encountered any form of antisocial behavior? 1200 00:57:43,440 --> 00:57:47,480 Speaker 2: Every single one of us in life has encountered antisocial behavior. 1201 00:57:47,480 --> 00:57:51,920 Speaker 2: We haven't necessarily encountered crime because they're in a different category. So, 1202 00:57:52,160 --> 00:57:54,680 Speaker 2: in trying to spook the story, as so often as 1203 00:57:54,680 --> 00:57:58,560 Speaker 2: the case, what happens is the body that represents the people, 1204 00:57:58,600 --> 00:58:01,400 Speaker 2: whether it be consumer, whether it be retail New Zealand, 1205 00:58:01,400 --> 00:58:04,520 Speaker 2: whether it is a union, whether it's a charity looking 1206 00:58:04,520 --> 00:58:07,560 Speaker 2: to spruit their particular cause for the week, what they 1207 00:58:07,600 --> 00:58:09,600 Speaker 2: do is they conduct a survey, they come up with 1208 00:58:09,640 --> 00:58:13,520 Speaker 2: some alarmist number and they go look look Generally, unfortunately, 1209 00:58:13,960 --> 00:58:16,480 Speaker 2: most newsrooms get sucked in by that and they give 1210 00:58:16,480 --> 00:58:19,840 Speaker 2: them the coverage that they were so desperately wanting. What 1211 00:58:20,480 --> 00:58:24,080 Speaker 2: isn't good And we will talk to Mark about this tomorrow. 1212 00:58:24,520 --> 00:58:28,040 Speaker 2: Report a physical violence and assault, that is crime, that 1213 00:58:28,240 --> 00:58:31,240 Speaker 2: is real, and that is a problem. It's running about 1214 00:58:31,280 --> 00:58:33,560 Speaker 2: three hundred and forty three incidents per month. Now, the 1215 00:58:33,640 --> 00:58:37,320 Speaker 2: other part that I noted yet again where the retailers 1216 00:58:37,360 --> 00:58:40,440 Speaker 2: could be on board, is that they don't report this, 1217 00:58:41,040 --> 00:58:43,680 Speaker 2: and they don't report this because they have decided that 1218 00:58:43,880 --> 00:58:45,960 Speaker 2: it's not worth it. Now, if you decide not to 1219 00:58:46,000 --> 00:58:48,760 Speaker 2: report something because you've decided it's not worth it, that's 1220 00:58:48,760 --> 00:58:51,800 Speaker 2: on you, not on the authorities. If you report something 1221 00:58:52,080 --> 00:58:54,720 Speaker 2: and nothing is done about it, then you've got yourself 1222 00:58:54,720 --> 00:58:57,040 Speaker 2: a complaint and will give you the coverage. But if 1223 00:58:57,040 --> 00:58:59,920 Speaker 2: you're just sitting there having been bowled over by whatever, 1224 00:59:00,120 --> 00:59:01,680 Speaker 2: some figure came through your door and you go on, 1225 00:59:01,920 --> 00:59:03,480 Speaker 2: cops aren't going to do anything about it, I can't 1226 00:59:03,480 --> 00:59:05,840 Speaker 2: be bothered. Fine, then don't but don't complain about it, 1227 00:59:06,040 --> 00:59:08,480 Speaker 2: and don't participate in the survey that gives false claims 1228 00:59:08,480 --> 00:59:10,880 Speaker 2: and false figures. Anyway, As I say, we'll get to 1229 00:59:11,120 --> 00:59:14,440 Speaker 2: Mark Mitchell about this tomorrow on the program after eight o'clock. 1230 00:59:14,440 --> 00:59:17,560 Speaker 2: Speaking of police, Mike Bush going to Victoria. So Mike Bush, 1231 00:59:17,600 --> 00:59:20,160 Speaker 2: good bloke, nice guy, thoroughly enjoyed dealing with him as 1232 00:59:20,680 --> 00:59:24,320 Speaker 2: police commissioner here, He's going to try and fix Victoria. 1233 00:59:25,080 --> 00:59:30,800 Speaker 2: Is that a job or a miracle. Eh, Nick Bryant 1234 00:59:30,840 --> 00:59:33,240 Speaker 2: speaking of Australia is going to be what it's after 1235 00:59:33,280 --> 00:59:34,240 Speaker 2: the news which is next. 1236 00:59:35,640 --> 00:59:39,720 Speaker 1: The Mike host game will be insightful, engaging and vital. 1237 00:59:40,320 --> 00:59:43,400 Speaker 1: The Mike Hosking breakfast with the range rover, the law 1238 00:59:43,760 --> 00:59:46,000 Speaker 1: designed to intrigue and use togs. 1239 00:59:46,000 --> 00:59:48,720 Speaker 2: There'd be a seven past day. Was so much democracy 1240 00:59:48,800 --> 00:59:51,440 Speaker 2: untold the in cannabus this passed week from Romania to 1241 00:59:51,440 --> 00:59:54,320 Speaker 2: Australia to Singapore, Canada and the United Kingdom. We need 1242 00:59:54,360 --> 00:59:56,560 Speaker 2: to tap into some serious brain power and work through 1243 00:59:56,600 --> 00:59:59,080 Speaker 2: what it all might mean. Nick Bryant, these days you 1244 00:59:59,120 --> 01:00:01,800 Speaker 2: will remember resides in Australia, and he resided in Australia 1245 01:00:01,800 --> 01:00:03,959 Speaker 2: at least in part because America wasn't the same place 1246 01:00:04,000 --> 01:00:06,640 Speaker 2: as when it was when he arrived from Britain. Wrote 1247 01:00:06,640 --> 01:00:08,240 Speaker 2: a very good book about it in Peck called When 1248 01:00:08,280 --> 01:00:10,520 Speaker 2: America Stopped Being Great. So let's get into it, Nick 1249 01:00:10,520 --> 01:00:13,600 Speaker 2: brian'speck with us. Mate. How are you, Mike? I'm good? 1250 01:00:13,600 --> 01:00:14,040 Speaker 8: How are you? 1251 01:00:14,200 --> 01:00:16,840 Speaker 2: I'm extremely well. Did you see elbow coming the way 1252 01:00:16,880 --> 01:00:18,000 Speaker 2: he did on Saturday night? 1253 01:00:20,400 --> 01:00:25,560 Speaker 11: Well, it was certainly a big Trump effete here in Australia, 1254 01:00:25,600 --> 01:00:27,960 Speaker 11: as it was in Canada. I mean, I think he 1255 01:00:28,040 --> 01:00:31,120 Speaker 11: was the real beneficiary of Trump's first one hundred days. 1256 01:00:31,120 --> 01:00:34,000 Speaker 11: I mean, Peter Dutton, the opposition leader, obviously thought he 1257 01:00:34,200 --> 01:00:36,640 Speaker 11: was going to be the beneficiary of what he saw 1258 01:00:36,680 --> 01:00:42,000 Speaker 11: at Trump's inauguration as this global right wood vibe shift. 1259 01:00:42,160 --> 01:00:45,720 Speaker 11: But as the one hundred days went on, it became 1260 01:00:45,800 --> 01:00:50,680 Speaker 11: more apparent that Australia wanted to use its uniquely Australian 1261 01:00:50,680 --> 01:00:54,400 Speaker 11: model of democracy to elect an emphatically Australian prime minister. 1262 01:00:54,480 --> 01:00:57,080 Speaker 11: And I think one way of interpreting the labor Landslide 1263 01:00:57,160 --> 01:01:03,400 Speaker 11: Mike is a rejection of americanization and a collective active australianization. 1264 01:01:04,120 --> 01:01:05,760 Speaker 2: I think that's one of the key things. 1265 01:01:05,800 --> 01:01:09,600 Speaker 11: And they've really gone for a very authentic Australian, Australian 1266 01:01:09,640 --> 01:01:12,800 Speaker 11: prime minister, very Australian tend to do well, Bob Pork, 1267 01:01:14,440 --> 01:01:17,320 Speaker 11: John Howard, Anthony ALBERESI. 1268 01:01:17,320 --> 01:01:20,480 Speaker 2: Do you see him as more popular than many people 1269 01:01:20,560 --> 01:01:23,200 Speaker 2: saw him prior to the whole Trump thing in the 1270 01:01:23,200 --> 01:01:26,000 Speaker 2: election campaign, because up until that point my reading was 1271 01:01:26,440 --> 01:01:28,680 Speaker 2: Dutton was a contender, may not win, but he was 1272 01:01:28,680 --> 01:01:31,720 Speaker 2: a contender, and people found a lot of things wrong 1273 01:01:31,760 --> 01:01:33,360 Speaker 2: with elbow and what he was doing with Australia. 1274 01:01:34,400 --> 01:01:38,280 Speaker 11: Yeah, I think Anthony Alberzi runs the risk of sort 1275 01:01:38,320 --> 01:01:42,200 Speaker 11: of misinterpreting this result as a kind of massive personal 1276 01:01:42,320 --> 01:01:45,720 Speaker 11: mandate for him and a sign of his popularity. I 1277 01:01:45,760 --> 01:01:48,840 Speaker 11: really think it was a rejection of the other side. 1278 01:01:48,880 --> 01:01:52,840 Speaker 11: I mean, sure Albersi ran a strong campaign, there were 1279 01:01:52,880 --> 01:01:55,760 Speaker 11: none of the errors that there were three years ago. 1280 01:01:56,120 --> 01:01:58,640 Speaker 11: It was an effective message that looked at the future 1281 01:01:58,640 --> 01:02:01,800 Speaker 11: when Peter Dutton was kind of a gaining the past. 1282 01:02:01,880 --> 01:02:06,040 Speaker 11: But I really think the Trump effect was key here 1283 01:02:06,200 --> 01:02:10,120 Speaker 11: because so much of the sort of liberal rhetoric at 1284 01:02:10,120 --> 01:02:13,000 Speaker 11: the beginning of the campaign, which doesn't seem to think 1285 01:02:13,040 --> 01:02:16,120 Speaker 11: would work, came back to haunt them. I mean, not 1286 01:02:16,360 --> 01:02:22,760 Speaker 11: least that comment about working from home for federal employees, 1287 01:02:22,880 --> 01:02:26,200 Speaker 11: which had an echo of what Elon Musk was saying 1288 01:02:26,240 --> 01:02:28,880 Speaker 11: and what Donald Trump was saying. That became as facile 1289 01:02:28,920 --> 01:02:33,040 Speaker 11: as the Liberal Party's nuclear policy. You know, when he 1290 01:02:33,120 --> 01:02:35,840 Speaker 11: went after the Canbury bureaucracy again, there was a kind 1291 01:02:35,880 --> 01:02:40,280 Speaker 11: of echo of what Elon Musk was doing with Doge. 1292 01:02:40,320 --> 01:02:43,960 Speaker 11: And I think this this kind of really hurt Peter Dunnet, 1293 01:02:44,000 --> 01:02:48,919 Speaker 11: and of course he became the sort of perre of 1294 01:02:48,920 --> 01:02:52,200 Speaker 11: of Australian politics, losing his seat, as as the Canadian 1295 01:02:53,080 --> 01:02:54,560 Speaker 11: Conservative Leona did as well. 1296 01:02:54,720 --> 01:02:59,680 Speaker 2: The interesting thing about Canada is in a Lichton county 1297 01:02:59,840 --> 01:03:04,400 Speaker 2: and so your argument about Australia true, turbocharge it for Canada. 1298 01:03:04,880 --> 01:03:06,720 Speaker 2: But what have they elected? This is a bloke who's 1299 01:03:06,760 --> 01:03:09,120 Speaker 2: never been in politics before. So they elected a guy 1300 01:03:09,160 --> 01:03:11,200 Speaker 2: who Yay, we like him because he does he's going 1301 01:03:11,200 --> 01:03:13,000 Speaker 2: to stand up to Trump. But Kenny, because do we 1302 01:03:13,200 --> 01:03:14,760 Speaker 2: don't know anything about him? 1303 01:03:15,120 --> 01:03:15,360 Speaker 17: Yeah? 1304 01:03:15,600 --> 01:03:16,960 Speaker 8: I was really amazed. 1305 01:03:16,960 --> 01:03:18,919 Speaker 11: Has that A Karnee sort of came on and said 1306 01:03:18,960 --> 01:03:21,800 Speaker 11: campaign during this campaign, I mean, he's not the most 1307 01:03:21,880 --> 01:03:24,280 Speaker 11: charismatic a man. I mean he's a very technocratic I 1308 01:03:24,280 --> 01:03:26,520 Speaker 11: mean British people know obviously because he was the Governor 1309 01:03:26,520 --> 01:03:28,440 Speaker 11: of the Bank of England during Brexit and he was 1310 01:03:28,480 --> 01:03:31,320 Speaker 11: a real stabilizing presence. And I think that's one of 1311 01:03:31,320 --> 01:03:33,360 Speaker 11: the key things. And I think that's one of the 1312 01:03:33,440 --> 01:03:35,360 Speaker 11: key things in Australia as well, Mike. I mean, I 1313 01:03:35,400 --> 01:03:37,360 Speaker 11: think that's why there is a linkage between the two, 1314 01:03:37,480 --> 01:03:40,200 Speaker 11: because the most powerful force in politics in twenty twenty 1315 01:03:40,200 --> 01:03:44,080 Speaker 11: four was anti incumbency. One of the major Trump effects 1316 01:03:44,120 --> 01:03:46,880 Speaker 11: is to kind of neutralize that and actually to turn 1317 01:03:47,120 --> 01:03:50,040 Speaker 11: incumbency into an advantage. The idea that a ton of 1318 01:03:50,080 --> 01:03:55,040 Speaker 11: global chaos and market chaos that you back somebody you know. Now, 1319 01:03:55,960 --> 01:03:59,000 Speaker 11: Mark Carney is particularly well placed to kind of benefit 1320 01:03:59,000 --> 01:04:01,080 Speaker 11: from that because he is such a kind of master 1321 01:04:01,200 --> 01:04:03,880 Speaker 11: of the economy. He wasn't only the governor of the 1322 01:04:03,880 --> 01:04:05,480 Speaker 11: Bank of England, he was also the governor of the 1323 01:04:05,480 --> 01:04:08,840 Speaker 11: Bank of Canada, and that helps that financial expertise. And 1324 01:04:08,880 --> 01:04:12,040 Speaker 11: I think Alberanizi, who you thought was going to be 1325 01:04:12,080 --> 01:04:15,400 Speaker 11: a victim of anti incumbency six months ago, has ended 1326 01:04:15,480 --> 01:04:19,960 Speaker 11: up being a beneficiary of incumbency as far. 1327 01:04:19,880 --> 01:04:22,760 Speaker 2: As so to counter your argument though Canada, yes, we 1328 01:04:22,800 --> 01:04:26,080 Speaker 2: get Australia, we get Singapore to a you know, individual story, 1329 01:04:26,120 --> 01:04:28,960 Speaker 2: but the same thing applies. How do you then and 1330 01:04:29,080 --> 01:04:32,080 Speaker 2: Romania you can dismiss because Eastern Europe's a strange block 1331 01:04:32,080 --> 01:04:35,000 Speaker 2: of countries, But how do you explain Farage over the weekend? 1332 01:04:35,360 --> 01:04:38,640 Speaker 11: He's yeah, I think that's really fascinating. You asked me that, 1333 01:04:38,720 --> 01:04:42,080 Speaker 11: and I've got an answer for you. You know, Naja 1334 01:04:42,120 --> 01:04:45,280 Speaker 11: Farrage did lead the Reform Party to storming victories last 1335 01:04:45,280 --> 01:04:47,720 Speaker 11: week in a local action. It ended up gaining control 1336 01:04:47,760 --> 01:04:51,000 Speaker 11: of some local councils. It rents the parliamentary seat from 1337 01:04:51,040 --> 01:04:54,400 Speaker 11: Liverpool from labor on the fringes of Liverpool in Runkel 1338 01:04:54,600 --> 01:04:58,880 Speaker 11: with a massive, a massive seventeen percent sweg. You know, 1339 01:04:59,080 --> 01:05:03,880 Speaker 11: Farage has a charisma that doesn't lacks and an understanding 1340 01:05:04,000 --> 01:05:08,920 Speaker 11: of political showmanship that the Canadian Conservative leader didn't have. 1341 01:05:10,920 --> 01:05:14,880 Speaker 11: But my hunch is that a kind of Australian populist 1342 01:05:15,080 --> 01:05:19,760 Speaker 11: with Arage like skills, or a Canadian populist with Farage 1343 01:05:19,840 --> 01:05:24,240 Speaker 11: like skills, would struggle because the political cultures are very different. 1344 01:05:24,600 --> 01:05:25,040 Speaker 8: In Britain. 1345 01:05:25,080 --> 01:05:26,120 Speaker 2: You have Boris Johnson. 1346 01:05:26,680 --> 01:05:29,160 Speaker 11: You know, the Brits have shown that they're prepared to 1347 01:05:29,440 --> 01:05:34,440 Speaker 11: go for a prime minister who's kind of populist, charismatic, unconventional, 1348 01:05:34,760 --> 01:05:38,000 Speaker 11: somebody with a lot of journalistic entertainment value that I 1349 01:05:38,040 --> 01:05:40,800 Speaker 11: don't think is what Canadians want. That is certainly not 1350 01:05:41,080 --> 01:05:44,640 Speaker 11: what Australians want. I think there's a kind of rejection 1351 01:05:45,400 --> 01:05:50,720 Speaker 11: of a kind of it's just not the Australian way 1352 01:05:50,800 --> 01:05:53,440 Speaker 11: to have that kind of demagogery. It kind of violates 1353 01:05:53,440 --> 01:05:56,160 Speaker 11: the tall poppy syndrome to begin with, and I think 1354 01:05:56,160 --> 01:05:59,280 Speaker 11: something similar probably operates in New Zealand as well. 1355 01:05:59,320 --> 01:06:01,800 Speaker 2: Which brings us the star of the show, mister d Trump. 1356 01:06:01,840 --> 01:06:03,760 Speaker 2: More in a moment with Nick Bryan out of Australia, 1357 01:06:03,800 --> 01:06:04,720 Speaker 2: thirteen past. 1358 01:06:05,480 --> 01:06:10,000 Speaker 1: The Mike asking Breakfast Full Show podcast on iHeartRadio powered 1359 01:06:10,080 --> 01:06:10,840 Speaker 1: by News Talks. 1360 01:06:10,880 --> 01:06:13,720 Speaker 2: It be News Talks, All be sixteen past eight. Nick 1361 01:06:13,720 --> 01:06:16,000 Speaker 2: Bryan's back with so NICKA Earlier on this morning, we 1362 01:06:16,040 --> 01:06:18,200 Speaker 2: had the former Prime Minister John Key on the program. 1363 01:06:18,240 --> 01:06:20,760 Speaker 2: He was the one who initiated the terrriff or the 1364 01:06:20,800 --> 01:06:23,800 Speaker 2: deals here for the film industry, got Peter Jackson to 1365 01:06:23,840 --> 01:06:25,600 Speaker 2: make lord of the rings here we cut some you 1366 01:06:25,800 --> 01:06:28,120 Speaker 2: tax and sents, all that sort of stuff. The reason 1367 01:06:28,160 --> 01:06:30,120 Speaker 2: I asked that 'll talk about that is because Trump, 1368 01:06:30,200 --> 01:06:33,880 Speaker 2: of course one hundred percent for movies on that he's right. 1369 01:06:34,240 --> 01:06:36,760 Speaker 2: So in other words, that he wants to rebalance dealings 1370 01:06:36,760 --> 01:06:40,120 Speaker 2: with the world, he's right because countries have taken business 1371 01:06:40,160 --> 01:06:44,200 Speaker 2: away from us, taken business away from America. And yet 1372 01:06:44,560 --> 01:06:47,400 Speaker 2: all of the rest of it, the madness, the nuttiness, 1373 01:06:47,600 --> 01:06:50,320 Speaker 2: how do you explain it. 1374 01:06:51,200 --> 01:06:52,920 Speaker 11: I think it's almost as if he wants had taken 1375 01:06:52,960 --> 01:06:55,560 Speaker 11: America back to the nineteenth century. I mean, it seems 1376 01:06:55,560 --> 01:06:59,320 Speaker 11: that so many things that have kind of guaranteed and 1377 01:06:59,480 --> 01:07:02,600 Speaker 11: made America's pre eminence in the post war world, the 1378 01:07:03,320 --> 01:07:08,480 Speaker 11: international trading system which America created, the international rules based 1379 01:07:08,640 --> 01:07:13,440 Speaker 11: order which America created, the scientific trailblazers at the university, 1380 01:07:13,520 --> 01:07:17,160 Speaker 11: these amazing governmental medical institutions that are packed with the 1381 01:07:17,200 --> 01:07:20,600 Speaker 11: greatest scientists in the world, that sort of underscored its 1382 01:07:20,920 --> 01:07:27,080 Speaker 11: innovative and technical dominance. It's almost like he wants to 1383 01:07:27,120 --> 01:07:31,280 Speaker 11: get rid of all of that and returned to a country. 1384 01:07:31,520 --> 01:07:33,400 Speaker 11: And he said this in his inauguration when he talks 1385 01:07:33,440 --> 01:07:37,280 Speaker 11: about America returning to being expansionist country as it was 1386 01:07:37,320 --> 01:07:39,080 Speaker 11: in the nineteenth century. He missed it at the time 1387 01:07:39,080 --> 01:07:41,040 Speaker 11: because he ended that sentence by saying, We're going to 1388 01:07:41,040 --> 01:07:43,640 Speaker 11: plant the stars and stripes on Mars, and then Elon 1389 01:07:43,720 --> 01:07:46,440 Speaker 11: Musk went bonkers and that was a headline. But it 1390 01:07:46,560 --> 01:07:49,360 Speaker 11: was worth rereading the inaugural address because it shows how 1391 01:07:49,400 --> 01:07:51,840 Speaker 11: Donald Trump Kinner doesn't really want America to be as 1392 01:07:51,880 --> 01:07:55,760 Speaker 11: it was in the twentieth century, which is internationalist and interventionists. 1393 01:07:55,760 --> 01:07:57,000 Speaker 11: He wants it to be like it was in the 1394 01:07:57,080 --> 01:08:00,960 Speaker 11: nineteenth century, the Gilded Age, when there were tariffs, when 1395 01:08:01,000 --> 01:08:02,760 Speaker 11: there was an income tax, when there was a very 1396 01:08:02,800 --> 01:08:05,840 Speaker 11: small government. You didn't have to finance it with income taxes. 1397 01:08:06,040 --> 01:08:10,040 Speaker 11: When America had antagonistic relationships, it didn't have an alliance system, 1398 01:08:10,560 --> 01:08:13,040 Speaker 11: it didn't have this kind of technical dominance at the beginning. 1399 01:08:14,320 --> 01:08:17,360 Speaker 11: That's one way I interpret these first hundred days. And 1400 01:08:17,560 --> 01:08:19,720 Speaker 11: his new hero, his new sort of historical crush, is 1401 01:08:19,760 --> 01:08:24,040 Speaker 11: William McKinley, this guy that was called the Napoleon of tariffs. 1402 01:08:24,040 --> 01:08:26,639 Speaker 11: And you know, he always has loved Andrew Jackson, which 1403 01:08:26,640 --> 01:08:28,960 Speaker 11: again was a nineteenth century president who wrote roughshodo over 1404 01:08:29,040 --> 01:08:31,679 Speaker 11: Congress and who wrote roughshod over the Supreme Court. That's 1405 01:08:31,720 --> 01:08:33,760 Speaker 11: the kind of America that he sees is great, I think, 1406 01:08:33,760 --> 01:08:35,600 Speaker 11: and that's what he's tried to take America back to. 1407 01:08:35,840 --> 01:08:37,760 Speaker 2: But the problem with the statistics, and you saw the 1408 01:08:37,760 --> 01:08:40,920 Speaker 2: GDP the other day, they're going backwards, and they've got midterms, 1409 01:08:41,400 --> 01:08:43,519 Speaker 2: and when that goes wrong for him and he's a 1410 01:08:43,600 --> 01:08:47,439 Speaker 2: lamed up president, at some point that must register that 1411 01:08:47,600 --> 01:08:50,280 Speaker 2: things aren't the way they're supposed to be in his mind. 1412 01:08:50,880 --> 01:08:53,360 Speaker 11: Yeah, for sure. And what we're learning, I don't think 1413 01:08:53,400 --> 01:08:57,040 Speaker 11: the market's a moderating influence on Trump because they go 1414 01:08:57,160 --> 01:08:59,040 Speaker 11: up and down, and indeed a lot of the sort 1415 01:08:59,080 --> 01:09:01,519 Speaker 11: of reverses that we saw on Liberation, then it's aftermath 1416 01:09:01,560 --> 01:09:03,960 Speaker 11: have been recovered by the end of April. But what 1417 01:09:04,080 --> 01:09:06,759 Speaker 11: does affect him, and what is obviously a moderating influence, 1418 01:09:06,840 --> 01:09:07,679 Speaker 11: is the bomb market. 1419 01:09:07,840 --> 01:09:09,479 Speaker 8: You can't mess with the bomb market. 1420 01:09:10,360 --> 01:09:11,759 Speaker 2: And Scott Vessant told. 1421 01:09:11,560 --> 01:09:14,320 Speaker 11: Him this, and sure, you know, he inherited a really 1422 01:09:14,360 --> 01:09:16,960 Speaker 11: strong economy. You know, the Biden economy was coming good 1423 01:09:17,040 --> 01:09:19,400 Speaker 11: and he's turning it to a very bad economy. And 1424 01:09:19,439 --> 01:09:21,160 Speaker 11: that's really interesting, Mike, because I think, you know, some 1425 01:09:21,200 --> 01:09:23,599 Speaker 11: of his supporters will support him up to a point. 1426 01:09:23,640 --> 01:09:25,160 Speaker 11: What will always struck me when I went into the 1427 01:09:25,200 --> 01:09:27,439 Speaker 11: rust belt, I went into the farm belt talk to 1428 01:09:27,439 --> 01:09:30,000 Speaker 11: people who are being hit. Trump supporters who are being 1429 01:09:30,080 --> 01:09:33,400 Speaker 11: hit by the tariffs. They were prepared to support Trump 1430 01:09:33,479 --> 01:09:35,320 Speaker 11: even though it hit their buttom line, because they just 1431 01:09:35,360 --> 01:09:37,280 Speaker 11: wanted somebody to fight for them. It was kind of 1432 01:09:37,320 --> 01:09:39,720 Speaker 11: they were making a cultural choice that was against their 1433 01:09:39,800 --> 01:09:43,520 Speaker 11: kind of economic self interest. But you know, their patience 1434 01:09:43,520 --> 01:09:45,720 Speaker 11: doesn't last forever, and I think that's one of the 1435 01:09:45,720 --> 01:09:46,920 Speaker 11: problems they're facing Trump. 1436 01:09:47,200 --> 01:09:49,240 Speaker 2: In regard to the media, I'm reading this morning out 1437 01:09:49,240 --> 01:09:51,559 Speaker 2: of Australia Guinea. Ryan Hart's blaming, and this goes back 1438 01:09:51,560 --> 01:09:54,800 Speaker 2: to Australia blaming what she calls the lift media and 1439 01:09:54,960 --> 01:09:57,720 Speaker 2: very short. People are very short on understanding. What's your 1440 01:09:57,800 --> 01:10:01,639 Speaker 2: take on how the American medias cover Trump, in whether 1441 01:10:01,680 --> 01:10:03,719 Speaker 2: they've learned anything from Trump? 1442 01:10:03,840 --> 01:10:06,400 Speaker 11: Somebody asked me, Yeah, somebody asked me to book festival 1443 01:10:06,479 --> 01:10:10,320 Speaker 11: Mike where the journalists are afraid? The other day, I 1444 01:10:10,320 --> 01:10:13,000 Speaker 11: don't know any journalists that's afraid. Certainly know my colleagues 1445 01:10:13,000 --> 01:10:14,800 Speaker 11: in the BBC are afraid. Are any of my friends 1446 01:10:14,840 --> 01:10:16,479 Speaker 11: that I knew in places out of the New York Times 1447 01:10:16,520 --> 01:10:19,720 Speaker 11: at the Washington Post. What I do worry about is 1448 01:10:19,760 --> 01:10:23,680 Speaker 11: that the owners of some of these big media organizations 1449 01:10:23,680 --> 01:10:26,720 Speaker 11: are afraid. They're frightened of Trump. They're frightened of what 1450 01:10:26,760 --> 01:10:30,680 Speaker 11: he can do. You know, we saw the chief of 1451 01:10:31,040 --> 01:10:35,040 Speaker 11: sixty minutes resign because he felt that paramount, the owner 1452 01:10:35,520 --> 01:10:38,320 Speaker 11: of sixty minutes and CBS, which is trying to do 1453 01:10:38,360 --> 01:10:40,360 Speaker 11: this big murder at the moment that could be scuffered 1454 01:10:40,400 --> 01:10:44,840 Speaker 11: by Trump, was being interventionists and interfering and that was wrong. 1455 01:10:44,880 --> 01:10:46,000 Speaker 2: And that's what worries me. 1456 01:10:46,160 --> 01:10:49,639 Speaker 11: You know, watching that inauguration, it's great people watching, isn't 1457 01:10:49,640 --> 01:10:52,559 Speaker 11: it but it's always great power watching as well. And 1458 01:10:52,680 --> 01:10:56,360 Speaker 11: to see those kind of heads of the big tech companies, 1459 01:10:56,400 --> 01:10:58,960 Speaker 11: the princes of Silicon Valley, the Jeff bezos Is and 1460 01:10:59,000 --> 01:11:03,200 Speaker 11: the Zuckerbergs given better seats than incoming senior members of 1461 01:11:03,240 --> 01:11:06,040 Speaker 11: the Trump administration, you know, it was deeply worrying. And 1462 01:11:06,080 --> 01:11:08,839 Speaker 11: I think they've made a calculation based on two things. 1463 01:11:08,960 --> 01:11:11,760 Speaker 11: A they worried what the Trump administration could do to them, 1464 01:11:11,800 --> 01:11:13,880 Speaker 11: and B They've looked at the election result, where Trump 1465 01:11:13,920 --> 01:11:15,760 Speaker 11: became the first Republican in twenty years to win the 1466 01:11:15,760 --> 01:11:18,120 Speaker 11: popular vote, and they think, well, he's more representative American 1467 01:11:18,120 --> 01:11:20,240 Speaker 11: than we thought it was, so we better reflect that 1468 01:11:20,320 --> 01:11:23,000 Speaker 11: in our policies. But I wonder now whether you know 1469 01:11:23,040 --> 01:11:27,360 Speaker 11: the tanking of his approval ratings, the instability and the economy. 1470 01:11:27,439 --> 01:11:30,160 Speaker 11: You know, a corporate America that basically capitulated at the 1471 01:11:30,160 --> 01:11:33,400 Speaker 11: start of the Trump administration might start showing a bit 1472 01:11:33,439 --> 01:11:34,080 Speaker 11: more backbone. 1473 01:11:34,479 --> 01:11:36,120 Speaker 2: Always a pleasure to have you on the program, mate, 1474 01:11:36,120 --> 01:11:38,400 Speaker 2: We'll catch up again soon. Appreciate it very much. As 1475 01:11:38,479 --> 01:11:41,840 Speaker 2: read Nick Bryan out of Australia in the early hours 1476 01:11:41,880 --> 01:11:44,519 Speaker 2: or early issu hours of a Tuesday morning, it is 1477 01:11:44,560 --> 01:11:47,280 Speaker 2: a twenty one. 1478 01:11:46,640 --> 01:11:49,360 Speaker 1: The mic Asking, Breakfast with the Range Rover, the LA 1479 01:11:49,720 --> 01:11:51,320 Speaker 1: News Togs dead b. 1480 01:11:51,320 --> 01:11:54,479 Speaker 2: Bailey's real estate more than just property, of course, total 1481 01:11:54,520 --> 01:11:57,800 Speaker 2: real estate solution from family homes, beachside retreats. They got 1482 01:11:57,800 --> 01:12:01,519 Speaker 2: that covered, commercial properties, industrial offerings, Farmlett Station's rural business 1483 01:12:01,560 --> 01:12:03,920 Speaker 2: has got the lot. They're basically you read a state, 1484 01:12:04,560 --> 01:12:06,439 Speaker 2: one stop shop, gold and more covered their team of 1485 01:12:06,479 --> 01:12:09,800 Speaker 2: more than two thousand professionals one hundred offices nationwide. They're 1486 01:12:09,800 --> 01:12:12,760 Speaker 2: working partnership, meaning that you get the benefit of collective expertise, 1487 01:12:13,160 --> 01:12:16,000 Speaker 2: international networks that achieve altogether better results, which is what 1488 01:12:16,040 --> 01:12:19,200 Speaker 2: you want. With people at the beating heart of everything 1489 01:12:19,280 --> 01:12:21,519 Speaker 2: they do. Bailey's has built this legacy of adding value, 1490 01:12:21,560 --> 01:12:26,240 Speaker 2: consistently giving their clients the cutting edge in a competitive market. Proud, 1491 01:12:26,320 --> 01:12:28,000 Speaker 2: of course, as they should be to be one hundred 1492 01:12:28,000 --> 01:12:30,519 Speaker 2: percent here we owned and operate it a beatable local 1493 01:12:30,520 --> 01:12:32,800 Speaker 2: knowledge and presence in every corner of the country because 1494 01:12:32,800 --> 01:12:35,519 Speaker 2: a friendly face and a firm handshake are still the 1495 01:12:35,520 --> 01:12:37,800 Speaker 2: best way to do business. So through a comprehensive range 1496 01:12:37,800 --> 01:12:41,960 Speaker 2: of services and strategic international partnerships, Bailees finds the buyers 1497 01:12:42,000 --> 01:12:45,280 Speaker 2: that others can't licensed. Of course, under the Area Act 1498 01:12:45,360 --> 01:12:48,320 Speaker 2: of two thousand and eight. The expertise is available to 1499 01:12:48,360 --> 01:12:52,719 Speaker 2: you at Bailes dot co dot Nz. That's Bailees dot 1500 01:12:52,760 --> 01:12:58,040 Speaker 2: co dot Nz. Hosking welieveing strade in an election. YouTube 1501 01:12:58,240 --> 01:13:02,000 Speaker 2: single biggest channel in terms of advertising revenue. They pulled 1502 01:13:02,000 --> 01:13:05,200 Speaker 2: in twenty six million dollars during the election campaign. Fifty 1503 01:13:05,280 --> 01:13:09,360 Speaker 2: four in total, spread across seven to nine paramount and 1504 01:13:09,479 --> 01:13:13,040 Speaker 2: SBS so one channel YouTube twenty six you get all 1505 01:13:13,040 --> 01:13:16,080 Speaker 2: the television networks together as well as Fox Tell, the 1506 01:13:16,120 --> 01:13:19,400 Speaker 2: Walls and stuff fifty four million dollars. Labor Party were 1507 01:13:19,439 --> 01:13:23,400 Speaker 2: big spenders on YouTube. Palmer's trumpet of patriots, which we 1508 01:13:23,479 --> 01:13:25,799 Speaker 2: hadn't mentioned yet We probably should didn't do a thing, 1509 01:13:26,080 --> 01:13:30,000 Speaker 2: not a single thing. His party, Clive Palmer twenty four 1510 01:13:30,040 --> 01:13:32,640 Speaker 2: million dollars in video, spent twenty four million dollars for 1511 01:13:32,720 --> 01:13:36,799 Speaker 2: a return of Zip. Labour spent twenty four the Coalition 1512 01:13:36,880 --> 01:13:40,040 Speaker 2: twenty one. The Greens spent four million. As far as 1513 01:13:40,040 --> 01:13:43,120 Speaker 2: the audiences were concerned in Australia for the election night coverage, 1514 01:13:43,160 --> 01:13:47,599 Speaker 2: the ABC one hands down over four million people. That's 1515 01:13:47,720 --> 01:13:51,639 Speaker 2: in total they averaged two point three million, so they've 1516 01:13:51,640 --> 01:13:54,040 Speaker 2: won every one of the last eight elections, so there 1517 01:13:54,040 --> 01:13:57,320 Speaker 2: a go to seven got two point seven eight million, 1518 01:13:57,320 --> 01:14:00,200 Speaker 2: an average of five hundred and eighty thousand. Nine got 1519 01:14:00,240 --> 01:14:02,960 Speaker 2: an average of half a million, and ten who don't 1520 01:14:03,000 --> 01:14:05,000 Speaker 2: really do political news or news of any of they're 1521 01:14:05,040 --> 01:14:06,680 Speaker 2: sort of in trouble, have been for years anywhere, they 1522 01:14:06,680 --> 01:14:08,559 Speaker 2: got an average of ninety seven thousand, and at ninety 1523 01:14:08,560 --> 01:14:10,599 Speaker 2: seven thousand, I wouldn't have been bothered turning the lights 1524 01:14:10,640 --> 01:14:12,960 Speaker 2: on personally. Don't know who they hired and what sort 1525 01:14:12,960 --> 01:14:16,439 Speaker 2: of catering they had, but at ninety seven thousand, don't 1526 01:14:16,520 --> 01:14:19,400 Speaker 2: worry about it. Speaking of elections, as we have been 1527 01:14:20,000 --> 01:14:22,679 Speaker 2: Rod first chance to catch up with him after the weekends, 1528 01:14:22,760 --> 01:14:27,000 Speaker 2: what they're calling the reform quake. Nigel Farage is there 1529 01:14:27,040 --> 01:14:28,760 Speaker 2: and there in a big way. We'll catch up with 1530 01:14:28,800 --> 01:14:31,519 Speaker 2: Rod after the news, which is next. News talks would be. 1531 01:14:32,439 --> 01:14:39,120 Speaker 1: FI news, opinion and everything in between. The Mike Hosking 1532 01:14:39,160 --> 01:14:44,080 Speaker 1: break best with Bailey's real estate, your local experts across residential, commercial, 1533 01:14:44,160 --> 01:14:45,880 Speaker 1: and rural news talks had been. 1534 01:14:46,000 --> 01:14:48,640 Speaker 2: Job numbers out tomorrow. This is the last of the 1535 01:14:48,680 --> 01:14:51,559 Speaker 2: story in many respects. In other words, broadly speaking, the 1536 01:14:51,640 --> 01:14:55,000 Speaker 2: economies under control. Broadly speaking, interest rates have come down. 1537 01:14:55,040 --> 01:15:00,000 Speaker 2: Inflation's under control. The last measure or metric is jobs 1538 01:15:00,040 --> 01:15:01,880 Speaker 2: and there are some debate as to when that will peak. 1539 01:15:01,960 --> 01:15:04,599 Speaker 2: It would seem to be about now ish, it might 1540 01:15:04,920 --> 01:15:07,000 Speaker 2: not be tomorrow's numbers. Westpac have got it coming out 1541 01:15:07,000 --> 01:15:10,080 Speaker 2: at fire point three. That's the unemployment rate. A and 1542 01:15:10,160 --> 01:15:13,479 Speaker 2: Z have got five point three, ASB have got fire 1543 01:15:13,520 --> 01:15:16,200 Speaker 2: point two. Wage growth is going to be subdued. They 1544 01:15:16,280 --> 01:15:18,160 Speaker 2: think about two and a half percent for the year. 1545 01:15:19,000 --> 01:15:21,240 Speaker 2: So that's about where inflation is. So in other words, 1546 01:15:21,240 --> 01:15:23,120 Speaker 2: you'll be feeling like you're not getting anywhere, which is 1547 01:15:23,640 --> 01:15:26,000 Speaker 2: true because you're not THERB. You have got the number 1548 01:15:26,000 --> 01:15:28,360 Speaker 2: at five point two. The question is not the number 1549 01:15:28,400 --> 01:15:31,160 Speaker 2: five point two five point three. The question is is 1550 01:15:31,200 --> 01:15:33,120 Speaker 2: that as bad as it gets? Once upon a time 1551 01:15:33,160 --> 01:15:36,200 Speaker 2: we were thinking six, then we started thinking fire point five. 1552 01:15:36,360 --> 01:15:40,519 Speaker 2: Now I'm guessing we've about done. So we'll be interested 1553 01:15:40,560 --> 01:15:42,360 Speaker 2: in the commentary and the numbers when they come out tomorrow. 1554 01:15:42,400 --> 01:15:43,840 Speaker 2: Twenty three minutes away from nine. 1555 01:15:44,160 --> 01:15:48,040 Speaker 1: International correspondence with NS and Eye Insurance Peace of mind 1556 01:15:48,080 --> 01:15:50,880 Speaker 1: for New Zealand business like to the UK. 1557 01:15:51,360 --> 01:15:53,960 Speaker 2: The old mate Roderick, how are you, mam? Good mornings 1558 01:15:54,000 --> 01:15:55,920 Speaker 2: you met I've been very much looking forward to this 1559 01:15:56,040 --> 01:15:58,960 Speaker 2: because all the reading I've done as to what happened 1560 01:15:59,040 --> 01:16:02,040 Speaker 2: last Friday and Saturday time as this might well have 1561 01:16:02,200 --> 01:16:06,360 Speaker 2: permanently changed the landscape. And what Reform did is quite dramatic. 1562 01:16:06,360 --> 01:16:07,479 Speaker 2: Do you see it that way or not? 1563 01:16:08,160 --> 01:16:10,600 Speaker 17: Yes? I do. There's a lot of people at the 1564 01:16:10,600 --> 01:16:13,680 Speaker 17: moment say, oh no, it doesn't amount too much, it 1565 01:16:13,680 --> 01:16:16,080 Speaker 17: doesn't amount too much, But I think that's wish for 1566 01:16:16,200 --> 01:16:19,000 Speaker 17: thinking from people who don't like Reform. I think these 1567 01:16:19,000 --> 01:16:23,000 Speaker 17: were the most remarkable election results I've seen for a 1568 01:16:23,080 --> 01:16:27,880 Speaker 17: very long time, talking in terms of decades, and I 1569 01:16:28,000 --> 01:16:31,280 Speaker 17: have to fess up that I got it wrong. You know. 1570 01:16:31,520 --> 01:16:35,000 Speaker 17: My argument was always a Reform wouldn't be able to 1571 01:16:35,000 --> 01:16:38,880 Speaker 17: get past thirty percent in the polls, and that the 1572 01:16:39,520 --> 01:16:43,240 Speaker 17: various leftish leanings that they're showing at the moment weren't 1573 01:16:43,520 --> 01:16:47,120 Speaker 17: going to be taken seriously by the electorate and so 1574 01:16:47,200 --> 01:16:50,479 Speaker 17: they wouldn't break through the red wall. What happened on 1575 01:16:50,560 --> 01:16:56,720 Speaker 17: Thursday was as an astonishing trouncing of both major parties 1576 01:16:57,360 --> 01:17:03,160 Speaker 17: by Reform, Absolutely astonish it They took. They took the 1577 01:17:03,600 --> 01:17:07,599 Speaker 17: county I'm living in now Durham, which has been labor 1578 01:17:07,640 --> 01:17:10,599 Speaker 17: for one hundred years. It's never been anything but labor. 1579 01:17:10,960 --> 01:17:14,599 Speaker 17: They took that just like that, you know, from nowhere, 1580 01:17:15,280 --> 01:17:19,879 Speaker 17: and they took mayoral ships, they took Lincolnshire County Council, 1581 01:17:20,320 --> 01:17:23,840 Speaker 17: and they won the runcorn by election. They had a 1582 01:17:23,880 --> 01:17:27,320 Speaker 17: total of six hundred and the tourists lost a total 1583 01:17:27,360 --> 01:17:32,479 Speaker 17: of six hundred and ninety odd seats and Reform one 1584 01:17:32,600 --> 01:17:36,280 Speaker 17: more than every other party put together. So yeah, it is. 1585 01:17:37,160 --> 01:17:41,559 Speaker 17: It is a major major change in British politics. And 1586 01:17:41,600 --> 01:17:43,760 Speaker 17: I don't think it's just something you can write off 1587 01:17:43,800 --> 01:17:46,960 Speaker 17: as being you know, these are just local elections. 1588 01:17:47,160 --> 01:17:49,000 Speaker 2: Let me just break it down a couple of things. Firstly, 1589 01:17:49,040 --> 01:17:52,040 Speaker 2: that by election they won off labor. They didn't win 1590 01:17:52,120 --> 01:17:53,880 Speaker 2: it by they didn't win it buy much and there 1591 01:17:53,880 --> 01:17:56,439 Speaker 2: was a recount. So do they do they put would 1592 01:17:56,439 --> 01:17:59,160 Speaker 2: they feel good about holding it going forward or was 1593 01:17:59,200 --> 01:18:00,719 Speaker 2: this just one of the those moments. 1594 01:18:01,960 --> 01:18:04,880 Speaker 17: Well they shouldn't hold it. It's been a rock solid 1595 01:18:04,920 --> 01:18:11,280 Speaker 17: labor seat for its entire existence. They managed to win 1596 01:18:11,320 --> 01:18:15,960 Speaker 17: it by taking the entirety of the Conservative Party vote. 1597 01:18:16,080 --> 01:18:19,040 Speaker 17: The Conservatives were left with just over two thousand votes, 1598 01:18:19,360 --> 01:18:24,320 Speaker 17: only about eight votes ahead of the Greens. So can 1599 01:18:24,360 --> 01:18:27,920 Speaker 17: they hold that. Well, the way things are looking for 1600 01:18:27,960 --> 01:18:30,599 Speaker 17: the Tories, no one is voting Tory at the moment, 1601 01:18:30,720 --> 01:18:35,880 Speaker 17: you know, so they may well hold onto that. And 1602 01:18:36,240 --> 01:18:38,360 Speaker 17: just because it was bout six votes, it's still an 1603 01:18:38,560 --> 01:18:44,160 Speaker 17: enormous swing, you know, it's a swing of unheard of proportions. 1604 01:18:44,640 --> 01:18:48,519 Speaker 17: And it gives them that sixth parliamentary. 1605 01:18:47,960 --> 01:18:51,520 Speaker 2: Seat also, and this is what makes it even more fascinating. 1606 01:18:51,560 --> 01:18:54,240 Speaker 2: Winning seats on councils is one thing, but controlling a 1607 01:18:54,320 --> 01:18:57,800 Speaker 2: council is another. So in implementing what they want to 1608 01:18:57,840 --> 01:19:01,799 Speaker 2: do in these counties and councils, if it's effective, that then, 1609 01:19:02,200 --> 01:19:05,280 Speaker 2: you know, builds their reputation going into a next general election. 1610 01:19:05,479 --> 01:19:06,640 Speaker 2: In theory, doesn't. 1611 01:19:06,360 --> 01:19:12,200 Speaker 17: It, Well, it does, and the opposition would say it doesn't. 1612 01:19:13,080 --> 01:19:15,439 Speaker 17: So no, you're absolutely right. They have no experience of 1613 01:19:15,520 --> 01:19:19,160 Speaker 17: running councils. They've never had much success at local council 1614 01:19:19,280 --> 01:19:22,000 Speaker 17: level before, and here they are with all these seats, 1615 01:19:22,000 --> 01:19:26,599 Speaker 17: more than all the other Cuttage cobblind and some people 1616 01:19:26,640 --> 01:19:29,519 Speaker 17: who oppose reform are saying, right, well, now we'll see 1617 01:19:30,000 --> 01:19:34,040 Speaker 17: how badly they administer things and their vote will stuff 1618 01:19:34,120 --> 01:19:36,960 Speaker 17: to fall. I fear there's a bit of wishful thinking 1619 01:19:37,040 --> 01:19:40,360 Speaker 17: in that because I know that all the voters around here, 1620 01:19:40,560 --> 01:19:43,360 Speaker 17: and everybody I know in the village I live in 1621 01:19:43,439 --> 01:19:46,840 Speaker 17: voted reform. All of them, the whole lot. Were very 1622 01:19:46,960 --> 01:19:50,920 Speaker 17: cheered to hear Niger Feraj saying all the people who 1623 01:19:50,960 --> 01:19:54,800 Speaker 17: work in diversity, equity and inclusion in county councils which 1624 01:19:54,800 --> 01:19:58,040 Speaker 17: we now hold, look for a new job. That went 1625 01:19:58,160 --> 01:20:01,599 Speaker 17: down like a bomb. You know, people really liked it. 1626 01:20:02,000 --> 01:20:04,479 Speaker 2: In New Zealand. What makes you different? And this is 1627 01:20:04,479 --> 01:20:06,920 Speaker 2: why this is so interesting Rod. In New Zealand, at 1628 01:20:06,920 --> 01:20:10,040 Speaker 2: local council level we don't have the parties. We occasionally 1629 01:20:10,040 --> 01:20:14,080 Speaker 2: have some centrist party endorsement, but the councilor is not 1630 01:20:14,200 --> 01:20:17,479 Speaker 2: representative of the Tories, of the Lib Dems, of anything else. 1631 01:20:17,520 --> 01:20:17,720 Speaker 17: More. 1632 01:20:17,800 --> 01:20:22,040 Speaker 2: Is still different. So does it truly translate? In other words, 1633 01:20:22,040 --> 01:20:24,439 Speaker 2: somebody I read suggested over the weekend put this vote 1634 01:20:24,439 --> 01:20:29,240 Speaker 2: to the general election Farage's Prime minister. Is that possible? 1635 01:20:30,600 --> 01:20:33,639 Speaker 17: I think it is. I think now I never did, 1636 01:20:34,000 --> 01:20:36,639 Speaker 17: you know, I've never previously thought that. I think now 1637 01:20:36,640 --> 01:20:39,439 Speaker 17: it's eminently possible. You know, two or three weeks before 1638 01:20:39,560 --> 01:20:44,120 Speaker 17: the local authority elections, we had an opinion poll which 1639 01:20:44,160 --> 01:20:47,439 Speaker 17: suggested that if there was an election tomorrow, Ferrats Lot 1640 01:20:47,479 --> 01:20:49,920 Speaker 17: Reform would get one hundred and eighty and Labour and 1641 01:20:49,960 --> 01:20:52,200 Speaker 17: the Tories would end up with one six' five, each 1642 01:20:52,920 --> 01:20:56,600 Speaker 17: Making reform the largest party and therefore tilting towards an 1643 01:20:56,640 --> 01:21:02,560 Speaker 17: alliance with The, conservatives and that shocked a lot of. 1644 01:21:02,600 --> 01:21:05,160 Speaker 17: People this goes even. Further you, know this gave HIM 1645 01:21:05,200 --> 01:21:08,440 Speaker 17: i think four hundred and forty seven seats In. PARLIAMENT 1646 01:21:09,160 --> 01:21:12,719 Speaker 17: i don't think it would translate to. THAT i don't 1647 01:21:12,720 --> 01:21:15,559 Speaker 17: think that they have four hundred and forty seven senty 1648 01:21:15,600 --> 01:21:18,800 Speaker 17: and ten ps rightly who would get? Them they do have, 1649 01:21:18,920 --> 01:21:22,200 Speaker 17: problems you, know fill in these, spaces and, indeed over 1650 01:21:22,240 --> 01:21:25,519 Speaker 17: the next few weeks we will be hearing about Various 1651 01:21:25,560 --> 01:21:29,000 Speaker 17: reform councilors who've been elected who have previously said we 1652 01:21:29,040 --> 01:21:33,639 Speaker 17: should march Into poland or something, similar which the media 1653 01:21:33,680 --> 01:21:39,519 Speaker 17: will dig. Out so, YEAH i mean that there are 1654 01:21:39,600 --> 01:21:43,720 Speaker 17: problems ahead For, reform but it's still an enormous change 1655 01:21:43,840 --> 01:21:46,680 Speaker 17: and at the MOMENT i don't think you can really be. 1656 01:21:46,760 --> 01:21:51,120 Speaker 17: Overstated and the carnage for the tourries The tories had 1657 01:21:51,240 --> 01:21:56,000 Speaker 17: appalling results wiped, out but it was even worse for. 1658 01:21:56,120 --> 01:21:59,280 Speaker 17: Labor it was at least twice as bad as the 1659 01:21:59,320 --> 01:22:03,240 Speaker 17: worst possible lestimate the labor insiders had been given to the. 1660 01:22:03,280 --> 01:22:06,120 Speaker 2: Press all, right, mate go well catch Up. Thursday Rod 1661 01:22:06,160 --> 01:22:08,519 Speaker 2: little who is just leave that part of the. World 1662 01:22:08,560 --> 01:22:10,280 Speaker 2: i'm not sure it's, possible but they're looking at. It 1663 01:22:10,320 --> 01:22:13,000 Speaker 2: The Competition Markets, authority which is the a version of 1664 01:22:13,000 --> 01:22:17,519 Speaker 2: the Com Commerce. Commission they're looking at vets and price, 1665 01:22:17,600 --> 01:22:25,120 Speaker 2: capping veterinary sites so, medicines, prescriptions, services. Cremations they looking 1666 01:22:25,160 --> 01:22:27,360 Speaker 2: at whether there's a lack of competition in the marketplace 1667 01:22:27,760 --> 01:22:30,160 Speaker 2: and whether that's led to soaring, prices and even if it, 1668 01:22:30,240 --> 01:22:32,600 Speaker 2: has which it may well. DO i don't. Know but 1669 01:22:32,720 --> 01:22:35,240 Speaker 2: can you then go and, say well you can only 1670 01:22:35,360 --> 01:22:37,479 Speaker 2: CHARGE x number of dollars to operate on your dog 1671 01:22:37,560 --> 01:22:38,960 Speaker 2: or your. Cat that seems like a weird, thing so 1672 01:22:38,960 --> 01:22:40,839 Speaker 2: we'll keep an eye out for. That eight forty Four. 1673 01:22:42,880 --> 01:22:47,280 Speaker 1: The Mike Asking Breakfast Full show podcast On iHeartRadio powered 1674 01:22:47,320 --> 01:22:50,160 Speaker 1: By news talks At Be's. 1675 01:22:49,240 --> 01:22:51,520 Speaker 2: WHY I Act as they announced a couple of, weekends 1676 01:22:51,800 --> 01:22:53,680 Speaker 2: was it two three weeks? Ago whenever it was that 1677 01:22:53,720 --> 01:22:56,760 Speaker 2: they're going to look for local body candidates and participate 1678 01:22:56,760 --> 01:22:58,960 Speaker 2: in the local body. Elections they've obviously seen what's been 1679 01:22:59,000 --> 01:23:01,360 Speaker 2: happening with the. Reform, Mike it doesn't Say, mike Says. 1680 01:23:01,400 --> 01:23:05,800 Speaker 2: Hosking hosking Defending. Sanford it's Not. Sandford stanford was a 1681 01:23:05,800 --> 01:23:07,719 Speaker 2: bit rich this. Morning of it had been A Labor party, 1682 01:23:07,720 --> 01:23:09,160 Speaker 2: minister it would have been all over it like a. 1683 01:23:09,200 --> 01:23:11,320 Speaker 2: Chief So, no the point, Is i'm not defending. Her 1684 01:23:11,720 --> 01:23:15,519 Speaker 2: no one's questioning the fact that she broke the curbn at. 1685 01:23:15,560 --> 01:23:18,519 Speaker 2: Manual What i'm suggesting is it's not a breathless. Story 1686 01:23:19,000 --> 01:23:21,400 Speaker 2: it's just a. Mistake rookie era is at the end 1687 01:23:21,400 --> 01:23:24,280 Speaker 2: of the. World, No we've got more important things to think. 1688 01:23:24,280 --> 01:23:27,040 Speaker 2: About it's not really the scandal they're so desperately trying 1689 01:23:27,080 --> 01:23:28,640 Speaker 2: to make it. Out speaking of, which the money that 1690 01:23:28,680 --> 01:23:31,519 Speaker 2: went to the parties was released. Yesterday they changed the. 1691 01:23:31,600 --> 01:23:33,960 Speaker 2: Rules you may or may not be, aware but any 1692 01:23:34,040 --> 01:23:37,040 Speaker 2: donations more than five thousand dollars that's down for fifteen 1693 01:23:37,080 --> 01:23:40,080 Speaker 2: thousand dollars has to be you, know it can't be anonymous. 1694 01:23:40,120 --> 01:23:43,840 Speaker 2: Anymore the main. Money it's interesting to my eye how 1695 01:23:44,000 --> 01:23:48,400 Speaker 2: little money is raised in this country in terms of political. 1696 01:23:48,439 --> 01:23:51,519 Speaker 2: Parties this is all their, donations so a lot of it, 1697 01:23:51,520 --> 01:23:52,960 Speaker 2: comes of course from the tax. Payer and this is 1698 01:23:52,960 --> 01:23:54,920 Speaker 2: why so many every time we have this sort of 1699 01:23:54,960 --> 01:23:58,519 Speaker 2: this random conversation each election campaign as to how we 1700 01:23:58,600 --> 01:24:01,000 Speaker 2: fund these, people how much advertisin we should give. Them 1701 01:24:01,280 --> 01:24:04,479 Speaker 2: why are weirdos like The new Zeal and the Uterro 1702 01:24:04,840 --> 01:24:07,559 Speaker 2: Legalized Cannabis party In Vision New zealand and The Women's Rights? 1703 01:24:07,560 --> 01:24:10,080 Speaker 2: Party how come they get government? Money they're not going 1704 01:24:10,160 --> 01:24:13,639 Speaker 2: to do, Anything and so you can never really come 1705 01:24:13,680 --> 01:24:15,640 Speaker 2: to a conclusion as to what the best way to 1706 01:24:15,680 --> 01:24:18,599 Speaker 2: fund political parties. Is either the taxpayer funds it or they, 1707 01:24:18,600 --> 01:24:20,799 Speaker 2: don't and if they, don't you reliant on the. Privates 1708 01:24:20,800 --> 01:24:22,360 Speaker 2: and if you relian it on the, privates of course 1709 01:24:22,560 --> 01:24:24,640 Speaker 2: you know who ends up. Winning so top of the 1710 01:24:24,680 --> 01:24:27,840 Speaker 2: pile is The National party at four point eight, million 1711 01:24:28,000 --> 01:24:30,640 Speaker 2: which IS i, mean obviously four point eight million is 1712 01:24:30,680 --> 01:24:32,479 Speaker 2: a lot of money for you AND, i but as a, 1713 01:24:32,800 --> 01:24:37,360 Speaker 2: business as the major party in the country drumming up 1714 01:24:37,439 --> 01:24:43,639 Speaker 2: all possible, sausages, prizes raffles rich, people they can't even 1715 01:24:43,680 --> 01:24:46,000 Speaker 2: break five million. Dollars The Labor party got one point 1716 01:24:46,080 --> 01:24:49,840 Speaker 2: six one one point six million dollars from all that union, 1717 01:24:49,840 --> 01:24:53,160 Speaker 2: affiliation all their Mates greens one point. FIVE i mean 1718 01:24:53,200 --> 01:24:56,479 Speaker 2: that says something that The greens can virtually match The Labor. 1719 01:24:56,520 --> 01:24:59,320 Speaker 2: PARTY i would have thought act at one point four 1720 01:24:59,760 --> 01:25:02,080 Speaker 2: Zeal On first got seven hundred and fifty eight, thousand 1721 01:25:03,080 --> 01:25:05,760 Speaker 2: and there's a one hundred and nineteen thousand dollars loan in. 1722 01:25:05,800 --> 01:25:09,280 Speaker 2: There merst Oh. SKINS i don't think we want to 1723 01:25:09,320 --> 01:25:11,759 Speaker 2: go down the loan, department do? We if you follow 1724 01:25:11,800 --> 01:25:14,960 Speaker 2: that particular, story who owes who the opportunity Is party 1725 01:25:15,000 --> 01:25:17,800 Speaker 2: eighty two thousand bucks To Party murray fifty. Three so 1726 01:25:17,960 --> 01:25:20,120 Speaker 2: when you add all of those, up what are you talking? 1727 01:25:20,120 --> 01:25:24,120 Speaker 2: About you're talking five, six, seven eight. Nine you're under 1728 01:25:24,120 --> 01:25:28,519 Speaker 2: a ten million dollars for every single political. Party and 1729 01:25:28,560 --> 01:25:30,559 Speaker 2: if you look at what was say spent In america 1730 01:25:31,360 --> 01:25:35,640 Speaker 2: By karmela between nine thirteen and nine fourteen on A, 1731 01:25:35,680 --> 01:25:39,400 Speaker 2: tuesday just on that set for that podcast exactly in the, 1732 01:25:39,439 --> 01:25:43,400 Speaker 2: makeup it would have been about ten times that night 1733 01:25:43,439 --> 01:25:44,400 Speaker 2: away from nine. 1734 01:25:44,600 --> 01:25:48,400 Speaker 1: The Make Hosking breakfast With Bailey's Real Estate News. 1735 01:25:48,400 --> 01:25:49,880 Speaker 10: Talks they'd BES i got. 1736 01:25:49,800 --> 01:25:52,920 Speaker 2: My New netflix bill over the weekend and they up 1737 01:25:52,920 --> 01:25:56,040 Speaker 2: the prices yet, again AND i become increasingly fascinating by 1738 01:25:56,040 --> 01:25:59,200 Speaker 2: the world of media streaming sports rights things like. That 1739 01:25:59,240 --> 01:26:02,559 Speaker 2: Major League soft this is In america have announced this 1740 01:26:02,600 --> 01:26:05,320 Speaker 2: morning that they have done a deal WITH ea as 1741 01:26:05,360 --> 01:26:08,880 Speaker 2: an electronic arts as in the games, people for four 1742 01:26:08,960 --> 01:26:15,160 Speaker 2: regular season matches on their game. Machine so if you're AN, 1743 01:26:15,200 --> 01:26:19,960 Speaker 2: ea you, know sports, player you're going to be able 1744 01:26:19,960 --> 01:26:23,920 Speaker 2: to watch Four Major League soccer games on your gaming. 1745 01:26:24,000 --> 01:26:27,519 Speaker 2: Machine and so this is a. First previously it's been 1746 01:26:27,560 --> 01:26:30,120 Speaker 2: On apple and you have to buy AN msl season, 1747 01:26:30,240 --> 01:26:33,760 Speaker 2: pass which is. Fine so that's just. Streaming But i've 1748 01:26:33,800 --> 01:26:35,840 Speaker 2: Got disney at the, Moment disney is now offering ME. 1749 01:26:36,160 --> 01:26:38,479 Speaker 2: Espn if they're offering ME, espn DO i need to 1750 01:26:38,520 --> 01:26:42,960 Speaker 2: then Have Sky? Sport and DO i now need to 1751 01:26:43,000 --> 01:26:46,839 Speaker 2: buy not only eight hundred streaming, services but a gaming 1752 01:26:46,920 --> 01:26:51,680 Speaker 2: machine so THAT i can watch the? Football have you got? 1753 01:26:51,680 --> 01:26:55,160 Speaker 2: Smash of course. NOT i didn't even know that was the. 1754 01:26:55,240 --> 01:26:57,040 Speaker 2: Thing that's not even a. Thing that's the. Thing that's 1755 01:26:57,040 --> 01:26:59,840 Speaker 2: What Mike whilst's. Got, yeah that's how it controls the. 1756 01:26:59,840 --> 01:27:01,760 Speaker 2: Thing it's just, like not only have you got your, 1757 01:27:01,800 --> 01:27:04,040 Speaker 2: signal but hold, on you need your smask to control your. 1758 01:27:04,040 --> 01:27:07,559 Speaker 2: Singers just like someone's dicking with, this a someone's up 1759 01:27:07,600 --> 01:27:12,080 Speaker 2: there and they're robots and they're about to take. Over but, 1760 01:27:12,160 --> 01:27:17,800 Speaker 2: again a gaming console to watch the. Football it's how 1761 01:27:17,880 --> 01:27:20,120 Speaker 2: diluted do you want your? Sport then you can play 1762 01:27:20,120 --> 01:27:24,800 Speaker 2: the football game that, part but how how diluted do 1763 01:27:24,840 --> 01:27:27,479 Speaker 2: you want to make your? Product before everyone, Goes i'm 1764 01:27:27,479 --> 01:27:30,120 Speaker 2: not getting a gaming machine and a streaming, service And 1765 01:27:30,160 --> 01:27:32,479 Speaker 2: i'm not buying the kid the jersey five minutes away 1766 01:27:32,479 --> 01:27:32,960 Speaker 2: from nine. 1767 01:27:33,160 --> 01:27:37,600 Speaker 1: Trending, now Will kim as well book in your flu vaccination? 1768 01:27:37,760 --> 01:27:40,680 Speaker 2: Today speaking of, sports snooker eighteen. Twelve in the, End 1769 01:27:41,080 --> 01:27:45,160 Speaker 2: Ja xintong First chinese to ever win. It we're going 1770 01:27:45,200 --> 01:27:46,800 Speaker 2: to end the show with a snooker because the boss 1771 01:27:46,800 --> 01:27:49,679 Speaker 2: loves the. Snooker The boss came and, saying thank, god 1772 01:27:49,720 --> 01:27:52,280 Speaker 2: we're leading with the. Snooker it's been great to have the. Snooker, 1773 01:27:52,320 --> 01:27:54,840 Speaker 2: Jason no one loves loves snooker more than the chase 1774 01:27:54,960 --> 01:27:57,799 Speaker 2: for the letters he's, received the letters he's. Received, anyway 1775 01:27:57,840 --> 01:27:58,760 Speaker 2: Here's yoo after the win. 1776 01:28:00,320 --> 01:28:05,120 Speaker 6: Tonight still a good, prayer still the top. 1777 01:28:05,160 --> 01:28:06,880 Speaker 2: Prayer can give me so much. 1778 01:28:06,920 --> 01:28:09,800 Speaker 6: Pusher, yeah he's the. 1779 01:28:09,840 --> 01:28:14,280 Speaker 2: Best it's a mutual appreciation society. 1780 01:28:14,320 --> 01:28:18,760 Speaker 20: Tonight and since you've had to win nine. Matches you've 1781 01:28:18,760 --> 01:28:20,880 Speaker 20: had to win one hundred and eleven. Frames you've been 1782 01:28:20,920 --> 01:28:25,000 Speaker 20: playing for twenty nine. Days how tired are? 1783 01:28:25,040 --> 01:28:27,320 Speaker 6: You, No i'm not. Tired. 1784 01:28:30,120 --> 01:28:31,040 Speaker 2: Yeah how are you going to? 1785 01:28:31,160 --> 01:28:31,720 Speaker 1: Celebrate? 1786 01:28:33,120 --> 01:28:34,639 Speaker 2: Yeah maybe you. 1787 01:28:34,640 --> 01:28:36,920 Speaker 16: Have have a good drink. 1788 01:28:36,960 --> 01:28:43,280 Speaker 2: Tonight williams was very humble and defeat as. Well he's. 1789 01:28:43,280 --> 01:28:45,439 Speaker 2: Wonderful he's one of Those brits that looks older than he. 1790 01:28:45,560 --> 01:28:45,800 Speaker 10: Is he's. 1791 01:28:45,840 --> 01:28:51,240 Speaker 2: Fifty he looks on rickon sixty two, Anyway so it's 1792 01:28:51,280 --> 01:28:53,920 Speaker 2: been fantastic for the support for the. Snooker are we 1793 01:28:53,960 --> 01:28:55,920 Speaker 2: getting the writings on the? Snooker boss wants to see 1794 01:28:55,920 --> 01:28:57,559 Speaker 2: the writings on the snooker so we can read out 1795 01:28:57,600 --> 01:28:59,400 Speaker 2: the writings on the, snooker so we can. Go he can. 1796 01:28:59,439 --> 01:29:02,320 Speaker 2: Go no watches the snooker told you, Anyway we all 1797 01:29:02,360 --> 01:29:05,240 Speaker 2: got to see. It it's one of sports great. Events 1798 01:29:05,280 --> 01:29:07,400 Speaker 2: there were some real. HIGHLIGHTS a low light Was ronnie 1799 01:29:07,400 --> 01:29:09,639 Speaker 2: Oh sullivan sadly but the. Clue there are one hundred 1800 01:29:09,640 --> 01:29:12,599 Speaker 2: and eleven. Frames go out, today get yourself a snooker, 1801 01:29:12,640 --> 01:29:14,560 Speaker 2: Table go out today and play yourself one hundred and 1802 01:29:14,560 --> 01:29:19,200 Speaker 2: eleven frames and see how you're. Feeling, ah it's all good. 1803 01:29:19,200 --> 01:29:22,400 Speaker 2: Times back tomorrow morning on The Mic Hosking breakfast from 1804 01:29:22,479 --> 01:29:23,679 Speaker 2: Six Happy Days. 1805 01:29:28,120 --> 01:29:43,719 Speaker 1: Louie for more from The Mic Asking, breakfast listen live 1806 01:29:43,840 --> 01:29:46,720 Speaker 1: to news talks it'd be from six am, weekdays or 1807 01:29:46,800 --> 01:29:48,680 Speaker 1: follow the podcast On iHeartRadio