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Speaker 1: Setting the news agenda and digging into the issues. The

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Speaker 1: Mike Hosking Breakfast with a Vita, Retirement, Communities, Life Your

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Speaker 1: Way news talk said, be.

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Speaker 2: Collin and welcome today. How mad is it when the

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Speaker 2: price of power gets so high you can no longer

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Speaker 2: do business well? Welcome to New Zealand twenty twenty four

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Speaker 2: styles the job numbers in their LinkedIn next week's was

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Speaker 2: served bank cash call rate cash call, Mark Mitchell and

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Speaker 2: his refusal to let Ginny Anderson visit a police station.

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Speaker 2: We little pot and kettle here mcrian, our favorite military

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Speaker 2: analyst is back. As we look at the Ukraine, in

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Speaker 2: the Middle Eastern China, in the Pacific, Joe mckennon's in Rome,

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Speaker 2: Ron little is in the UK Pasky. Welcome the Thursday,

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Speaker 2: seven past six. I tell you what looks like we

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Speaker 2: might have the same problem as Australia. Australia a week

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Speaker 2: or so back produced too many jobs. In other words,

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Speaker 2: the unemployment rate wasn't as bad as they thought it

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Speaker 2: might be, so things were going a little bit better

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Speaker 2: than many suspected. Fast forward to Tuesday and Michelle Bullock,

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Speaker 2: the Adrian Or of Australia said, not only wasn't there

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Speaker 2: going to be a rate cut. There wasn't going to

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Speaker 2: be one for quite some time. Us. The Tasman Samish

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Speaker 2: thing happened here yesterday. Four point six is not four

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Speaker 2: point seven. Four point seven was the estimate turned out

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Speaker 2: to be not as bad we need bad, really bad

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Speaker 2: for the governor to look at cutting currently, like Australia,

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Speaker 2: they are not cutting any time soon. So once again

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Speaker 2: we have reality, or at least a chunk of reality,

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Speaker 2: coming face to face with theory and anecdote. Now, the anecdote,

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Speaker 2: any number of anecdotes, ll tell your life is miserable

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Speaker 2: in the labor market. How many column inches have been

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Speaker 2: dedicated this year to work as mainly public servants being

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Speaker 2: laid off, And yet the number of four point six,

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Speaker 2: although not what you would like obviously, is barely catastrophic. Yes,

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Speaker 2: inflation is trending down, but not by as much as

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Speaker 2: we need. Yes, people are losing their jobs, but not

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Speaker 2: as many as we need. For every person who can

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Speaker 2: tell you the story of the closed door, the redundancy,

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Speaker 2: the budget that doesn't quite stretch, the airline ticket that's

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Speaker 2: through the roof of council, rate increase that's observed the

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Speaker 2: stuff you can no longer do. I can show you

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Speaker 2: a governor who can tell you it ain't as bad

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Speaker 2: as you think, and certainly not as bad enough to

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Speaker 2: call an end to the monetary circus that's been created

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Speaker 2: all over the world. We are pawns in a very big,

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Speaker 2: very experimental game. And although the US market went mental

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Speaker 2: over job numbers, we can all see that their reactionaries

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Speaker 2: and the stuff that central banks look at and react

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Speaker 2: to is not as emotionally frivolous as what drives investors.

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Speaker 2: But thirty three thousand people, thirty three thousand people in

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Speaker 2: the past year have lost their jobs in this country,

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Speaker 2: thirty three thousand real stories and lives affected. But we

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Speaker 2: need more, apparently, more misery, more tightening in the great

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Speaker 2: debate of how ugly it needs to be for those

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Speaker 2: screaming enough Adrian says you're wrong.

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Speaker 3: Who news of the world in ninety seconds.

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Speaker 2: They're braced in Britain as we speak, as nightfalls. The

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Speaker 2: riots aren't over. The jail sentences have started to be

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Speaker 2: handed out though under police are our children.

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Speaker 4: Rhetoric, whether you're in this country committing crimes on the

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Speaker 4: streets or committing crimes from further afield online, we will

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Speaker 4: come after you. Being a keyboard warrior does not make

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Speaker 4: you safe from the law. You can be guilty of

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Speaker 4: offenses of incitement.

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Speaker 2: As regards the yobs who have been put away, one

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Speaker 2: they all looked exactly as Rod described, and the other

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Speaker 2: day there were four. Now and there is a promise

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Speaker 2: and more where that came from.

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Speaker 5: The three men sentenced today are the tip of the

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Speaker 5: iceberg and just the start of what will be a

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Speaker 5: very painful process for many who foolishly chose to involve

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Speaker 5: themselves in violent unrest.

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Speaker 2: Most of it, of course, is illegal.

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Speaker 6: In a normal protest scenario, there will be an organizer,

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Speaker 6: they will conduct some form of discussion and engagement with

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Speaker 6: the police and other agencies, and we will agree routes, locations, numbers,

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Speaker 6: marches and any restrictions.

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Speaker 3: Now none of that is taking place.

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Speaker 2: Then into the US, where a couple of things continue

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Speaker 2: to unfold. One interny blinking for about the four fourth thousand,

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Speaker 2: three hundred and sixty seventh time, is asking for those

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Speaker 2: in the Middle East to take a moment.

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Speaker 7: Everyone in the region should understand that further attacks only

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Speaker 7: perpetuate conflict, instability insecurity for.

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Speaker 2: Everyone in two old tim from Minnesota. He's taking this

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Speaker 2: VP thing with alacrity.

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Speaker 1: These guys are creepy and yes, just where it is.

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Speaker 3: Hell, violent crime was up under Donald Trump.

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Speaker 7: That's not even counting the crimes he committed.

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Speaker 2: That's quite funny. Jd Vance giving it straight backs.

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Speaker 8: He was promoting rioters and looters burning down the city

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Speaker 8: of Minneapolis.

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Speaker 3: Kamala Harris was helping.

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Speaker 9: To bail the rioters and looterers out of jail.

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Speaker 3: A really vicious cycle.

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Speaker 2: Finally, world's first, it's claimed luxury dog perfume. This from

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Speaker 2: Dolcha Gabana. They're moving into pets. The initial offering is

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Speaker 2: called I assume that's him. That's Dolche's dog. By the way,

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Speaker 2: I've gone to the website. I went to order it.

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Speaker 2: I'm not ashamed to say I went to order it,

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Speaker 2: but you can't get it into this country. There's shipping restrictions.

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Speaker 2: I'm going to have to go down to the local

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Speaker 2: shop apparently. Anyway. Don't judge me. It is an olfactory

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Speaker 2: masterpiece featuring langilang musk and creamy undertones of sandalwood. It's

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Speaker 2: got a twenty four carrot gold plated pawprint on the

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Speaker 2: bottle retails for one hundred and eighty years. Evans us

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Speaker 2: the world and forty one of forty three police districts

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Speaker 2: they think in for rioting. The worst case scenario are

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Speaker 2: in for rioting tonight. They've got six thousand riot officers

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Speaker 2: on the street. From memory, of course, is about quarter

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Speaker 2: past seven at night in Britain and at summer and

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Speaker 2: night doesn't fall until later, so we'll get the last

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Speaker 2: with Rod later twelve Plass six.

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Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio powered

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Speaker 1: by News Talk Zippy.

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Speaker 2: Please to report they're getting there in Bangladesh, the Nobel

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Speaker 2: Peace Prize Wine Mohammed Unis is going to be a

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Speaker 2: chief advisor to this interim government. They met with the president,

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Speaker 2: they met with the military leaders. In the heads of

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Speaker 2: the students, all the protesters, Hassan has gone or as

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Speaker 2: Seen has gone. She's scarped. The leaders said they don't

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Speaker 2: want anyone from the military. So Uni steps in and

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Speaker 2: he's going to lead things. Presumably he's been in Paris

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Speaker 2: by the way, he's head undergoing a minor operation but

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Speaker 2: heading back to the country, so presumably things have started

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Speaker 2: to settle down a bit, which is good fifteen past

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Speaker 2: six weeks in Devin Funds Managements US, I don't get

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Speaker 2: a good story for you on that in just a

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Speaker 2: couple of months. Devin Fund's management Greg Smith Morning Morning, Mike,

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Speaker 2: correct me if I'm wrong. But four point six, if

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Speaker 2: we were looking, I mean, it was touch and go anyway,

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Speaker 2: I would have thought that four point six isn't going

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Speaker 2: to do it for Adria next week, is it not?

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Speaker 10: Next week doesn't look like it's so, Yeah, bets have

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Speaker 10: been rained in there. Yeah, I think sort of October

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Speaker 10: November is still a possibility in the point of market

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Speaker 10: is sort of cry crying out for that a little bit,

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Speaker 10: and just the broader economy. Yeah, four point six per cent,

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Speaker 10: so it's slightly below expectations of four point seven compares

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Speaker 10: to three point six percent this time last year, high

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Speaker 10: since March twenty twenty one, but bang in line with

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Speaker 10: what the abn ZD was expecting. So I think it's

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Speaker 10: called expectations for a right cut next week. Numbers one

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Speaker 10: is bad but also a little bit inconsistent with the

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Speaker 10: clients and filled jobs and what we're seeing surveys are elsewhere. Now,

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Speaker 10: these are the labor force numbers which are based on

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Speaker 10: fifteen thousand household so you do get the sort of

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Speaker 10: types of discrepancies from time to time. But yeah, markets

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Speaker 10: are holding to get in terms of employment despite strong

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Speaker 10: population growth. Interesting subtrends here.

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Speaker 7: MIC as well.

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Speaker 10: Yeah, the young young people appeared to be bearing the

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Speaker 10: brunt of the week jobs market that is occurring. So

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Speaker 10: you look at that unemployment rate for fifteen to nineteen

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Speaker 10: years that was eight percent, up from five point five

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Speaker 10: point eight actually, so twenty point seven up from fifteen

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Speaker 10: point one. And then twenty to twenty four year olds

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Speaker 10: that was up from five point eight to eight percent,

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Speaker 10: So you're certainly bearing the brunt there. I've also got underutilizations.

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Speaker 10: You've got people knowing that are out of work but

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Speaker 10: that I want to work sort of more hours. That

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Speaker 10: was up as well, So that rate increased from eleven

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Speaker 10: point two percent LOUST called eleven point eight percent. On

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Speaker 10: the other side, wage growth that was actually quite strong

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Speaker 10: four point three percent. But a lot of this MIC

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Speaker 10: is being driven by despite the headlines you see, and

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Speaker 10: well into the public sector, so wage inflation the six

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Speaker 10: point nine percent annually, but you look at the private

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Speaker 10: sector MIC that's still weak. Business higher intentions are lower

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Speaker 10: your job job every time the are down below pre

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Speaker 10: COVID levels. So I think we still do get that

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Speaker 10: rate cart and before the end of the year. And

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Speaker 10: remember we don't have a meeting in December. We don't

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Speaker 10: have a meeting in January, so you would have to

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Speaker 10: think Adrian still goes. But yeah, time all to that one.

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Speaker 2: I tend to aga at last they're making some money

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Speaker 2: in streaming, so Disney will be happy.

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Speaker 10: Yeah, the house mouse still have been than expected to

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Speaker 10: call it numbers so over remus up four percent, twenty

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Speaker 10: three point.

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Speaker 3: Two billion dollars.

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Speaker 10: As you say, they're making money and streaming, they weren't

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Speaker 10: expected to do so until next quarter. So first time

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Speaker 10: they turn to profit. There profit increases are helping price increases.

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Speaker 10: They're helping, you to say, and that's helping profits that

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Speaker 10: announce further price highs. And that's interesting, isn't it, Because

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Speaker 10: the streaming market's pretty competitive. But you know, it goes

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Speaker 10: to I suppose that the great content that Disney provides.

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Speaker 10: You look at the total subscribers, which includes ESPN Plus

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Speaker 10: and Hulu, that's two thirty million, so is still around

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Speaker 10: about fifty million behind Netflix.

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Speaker 3: They actually said the ad.

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Speaker 10: Market it picked up as well with respect the ESPN plus,

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Speaker 10: which was interesting. Story wasn't so great Mike at the

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Speaker 10: theme so obviously they boomed just immediately after COVID, but

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Speaker 10: were seeing lower demand. We're seeing inflation biding the operating

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Speaker 10: income in and that business was down six percent, and

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Speaker 10: that's interesting given they plan to invest around about sixty

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Speaker 10: billion dollars in theme parks over the next decade. So

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Speaker 10: that mean it wasn't such a wonderful day for the

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Speaker 10: sheer price lower by three percent. Also appear as I

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Speaker 10: suppose the takeaways there that the travel boomers coming to

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Speaker 10: an end. We also just had numbers as well from Airbnb.

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Speaker 10: The revenue is up eleven percent two point seven five billion,

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Speaker 10: a record one hundred and twenty five million nights book

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Speaker 10: but seid lead times are shortening. People aren't staying for

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Speaker 10: as longer. And this is also consistent what we saw

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Speaker 10: for results from booking dot Com recently. So profits down

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Speaker 10: fifteen percent to five five five million, three BMB at

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Speaker 10: the quarter, and the she is down a hefty fifteen

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Speaker 10: percent as well.

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Speaker 2: Give me the numbers.

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Speaker 10: Yeah, so we're looking the downs slightly down down just

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Speaker 10: point one point nine percent of the month. Phiby at

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Speaker 10: nine two five s and P five hundred is flat.

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Speaker 10: Nasdeck is down point three percent. For see that had

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Speaker 10: a good day in UK up one point seventy five

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Speaker 10: percent eight one sixty six. Nick I likewise bouncing back

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Speaker 10: as well from Monday's sell if up one point two percent,

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Speaker 10: A six two hundred up point twenty six percent, insy

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Speaker 10: x fifty up points sixty six percent. Halfy numbers from

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Speaker 10: Vista made for good viewing. This a cinema software group

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Speaker 10: as she is R up five percent, N fifty close

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Speaker 10: at twelve three two six Gold down a dollar two

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Speaker 10: three eight nine. All ounce oil up two bucks seventy

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Speaker 10: five spot one nine a barrel for WTI. Kerrie currency

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Speaker 10: was up across the board. We're sixty even against the

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Speaker 10: US up point eight percent. Also up point eight percent

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Speaker 10: against Stirling forty seven point three and we were points

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Speaker 10: six percent higher against the ALE at ninety one point nine.

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Speaker 2: Okay, Mape, you go well, catch up tomorrow. Appreciate it

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Speaker 2: very much, great Devon funds managementsky car I alluded to

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Speaker 2: it's a pimped out custom motor home owned by Kanye West.

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Speaker 2: No less also under the brand name of Yeezy. It's

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Speaker 2: on cars and birds. It's a nineteen ninety six more mSv.

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Speaker 2: You've never heard of it, eleven twenty s. It's an

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Speaker 2: odd looking thing, very rare. It's number two. Only one

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Speaker 2: hundred were ever made. Fiberglass exterior panels, headlights from a

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Speaker 2: Ford Aeromax truck, Dodge Viper driving lights, tail lights from

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Speaker 2: a Jeep Grand cherry Kee. It's got the dihedral doors,

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Speaker 2: you know, like a McLaren the scissor doors, leather inside

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Speaker 2: front and rear ear coln gott a fridge, got a sink, literally,

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Speaker 2: got a sink, U shape, rear bench seat, seventeen inch

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Speaker 2: foldable display screen. It's a party machine. It's got air suspension.

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Speaker 2: By the way, the front windows don't work. Just a

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Speaker 2: warning more special vehicles. No reserve highest but currently is

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Speaker 2: fifteen grand. Why wouldn't you six twenty one Here at

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Speaker 2: Hughs Talk.

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Speaker 1: Said car Money, Money, Money, The Mike Hosking Breakfast Full

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Speaker 1: Show podcast on iHeartRadio powered by News.

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Speaker 2: Talks at b We'll come to this power Chrysler. I'm

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Speaker 2: surprised it's not getting more coverage. Means it's is it

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Speaker 2: just me or is it just astonishing that literally businesses

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Speaker 2: are closing and people are getting laid off because we

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Speaker 2: cannot afford power in this country. Manu is in a

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Speaker 2: trading halt. By the way, are you aware of that?

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Speaker 2: The guy Sin where I assume you're up to speed

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Speaker 2: on this, Sin was the head of Hamas. Now he

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Speaker 2: apparently is in a tunnel in Gaza and was responsible

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Speaker 2: for the original attack. I think I've got good news

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Speaker 2: from China. Imports grew faster than expected, so anything they important,

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Speaker 2: you know, may well come from us. So their imports

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Speaker 2: are up seven point two percent. This is for July,

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Speaker 2: so we'll take that all day long. Are the American

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Speaker 2: imports surged twenty four percent? So that's encouraging, isn't it you?

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Speaker 2: Manuah trading holt mainly hydro, so it hasn't rained, which

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Speaker 2: that isn't their fault. But this whole thing is if

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Speaker 2: you look go look at their website. They're all about renewables,

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Speaker 2: they're all about green, they're all about saving the planet.

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Speaker 2: They all got pictures of lovely looking little girls on

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Speaker 2: their website. It's all fantastic, but turn the bloody lote.

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Speaker 2: I mean there's no point in having a nice looking website.

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Speaker 2: It's not entirely their fault that she's just does my

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Speaker 2: hidden six twenty five, What.

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Speaker 3: Are you trending now? With a chemist? Were house Keeping?

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Speaker 2: Kiwi's Healthy All Year Out got to you for Apple TV?

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Speaker 2: What have We Got? Disclaimer is what it's called. Based

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Speaker 2: on a best selling book. It's about a journalist who

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Speaker 2: receives a novel from an unknown author in which she

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Speaker 2: realizes she's the main character, and it exposes all her secrets.

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Speaker 3: Beware of narrative and form.

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Speaker 9: Their power can bring us.

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Speaker 11: Closer to the truth. But because of our own deeply

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Speaker 11: held beliefs and the judgments that we make. Christina armand

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Speaker 11: There can also be a weapon with a great power

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Speaker 11: to manipulate ladies and gentlemen.

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Speaker 2: If I was on the chase and they said who's

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Speaker 2: that voice, I would have said, that's Christian Armen pau

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Speaker 2: I'm assuming it's Cape Blunchett. Who's the star, Sasha Baron

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Speaker 2: cohenes the other one. She's the executive producer, not Christian

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Speaker 2: Armen Paul. As far as I know, Christian Armenpauur isn't

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Speaker 2: even in the thing. And I've just introduced just just

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Speaker 2: thrown a cat among the pigeons with Christian because it

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Speaker 2: sounds like it's defy me. Tell me that doesn't sound

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Speaker 2: like Christian Armenpoh. Anyway. There are three other Academy Award

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Speaker 2: winning executive producers, plus it's directed by a five time

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Speaker 2: Academy Award winner guy called alfonsa Qurion. It's out on

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Speaker 2: Apple TV on October the eleventh. Right, this business of

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Speaker 2: power and not being able to turn the lights on

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Speaker 2: and people losing their jobs? What the hell is going on?

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Speaker 2: More shortly after the news, which is next here at

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Speaker 2: news Talk ZB You're.

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Speaker 1: Trusted ho the news for Entertainments, opinion and fighting. The

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Speaker 1: my Hosking breakfast with the range Rover villa designed to

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Speaker 1: intrigue and use to sv.

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Speaker 2: Mike, the power price is affected by the low South

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Speaker 2: Island lake levels. That's a question, Yes, it is, is

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Speaker 2: the answer? Meridian or what they were called Meridian. We're

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Speaker 2: too reliant on hydra basically, and if it doesn't rain,

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Speaker 2: we can't do much about it. And we don't like coal,

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Speaker 2: and so we're going to have to import LNG and

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Speaker 2: all the other renewables aren't on stream. To the point

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Speaker 2: that they need to be at the moment, Mike, you

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Speaker 2: might be interested to know that Contact Energies, brand new

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Speaker 2: to Hara geothermal plant is running it significantly reduced capacity

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Speaker 2: due to excessive vibrations. It's likely due to an engineering

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Speaker 2: design fault. Good tip will follow that one up, Mike.

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Speaker 2: The reason a media aren't all over the fact business

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Speaker 2: can't operate due to the cost and lack of power.

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Speaker 2: As the media is led by people like Benedict Collins

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Speaker 2: is busy exposing lack of Marie words and a document

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Speaker 2: addressed to an Australian MP that to Benedict and as

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Speaker 2: media mates is more important than exposing the last government's

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Speaker 2: controlled wrecking of our economy. There was more of that

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Speaker 2: in Question Times pathetic yesterday in Question Time led by

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Speaker 2: the Labour Party. Anyway, more on that later. But you

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Speaker 2: make a very good point twenty two minutes away from

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Speaker 2: seven not tax issues in Italy at the moment, so

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Speaker 2: I make other things. Of course we will go to

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Speaker 2: Joe mckenner in a couple of moments. Speaking of which,

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Speaker 2: what does it and I mean think about it, What

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Speaker 2: does it say about a country when the price of

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Speaker 2: doing business becomes so high. You can't do business anymore.

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Speaker 2: The price of power is up hundreds of percent as

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Speaker 2: a result. This week we've seen two businesses looking at

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Speaker 2: closing up. Ogie Fiber Solutions closing their Auckland paper recycling plant,

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Speaker 2: and in the Rupahu district told you this a couple

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Speaker 2: of days ago. Winstone are up for at least a

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Speaker 2: couple of weeks both their mills. The first union spokesperson,

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Speaker 2: Justin Wallace, was with us on this justin morning you

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Speaker 2: with us, Justin, is this come out in the morning?

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Speaker 7: It has I mean the members when they had the

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Speaker 7: meeting the other morning, they sort of caught. They were

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Speaker 7: sort of had wind that something might be up because

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Speaker 7: there was some emails going around about some cost saving

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Speaker 7: measures that were happening on site. But being told on

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Speaker 7: the morning that there's a potential closure definitely hit them hard.

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Speaker 2: When you say on site, do you represent OG or

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Speaker 2: the repay who people are both?

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Speaker 7: No, No, we represent the OG plant as well as it.

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Speaker 7: Two the other union who represent on that side two see.

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Speaker 2: The OG seem to have how much of the story

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Speaker 2: is purely the power price They can't afford it versus

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Speaker 2: the business might not be as good as the one

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Speaker 2: wherever it is in Malaysia that can take over from them.

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Speaker 7: Like, the ironic thing about this is that this plant

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Speaker 7: takes a lot of recycled paper from Auckland and other

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Speaker 7: parts of the country and turn it into pop and

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Speaker 7: turn it into paper. Right. The ironic thing about this

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Speaker 7: is that this place has to close because they can't

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Speaker 7: tap into reasonable costs, reasonable cost pricing for power of

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Speaker 7: another renewable resource. So we've got a situation here where

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Speaker 7: a recycled plant is having to close because they can't

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Speaker 7: get enough power at the right price to be able

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Speaker 7: to operate.

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Speaker 2: Is so you're telling me it's a going concern, it's

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Speaker 2: a proper business. This is not just an excuse. I mean,

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Speaker 2: there's no excuse for the price of power. I get that,

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Speaker 2: But this is this is not a business that was

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Speaker 2: sort of falling over or struggling anyway.

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Speaker 12: No.

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Speaker 7: Well, I mean, you know, it had to renew a resource, right,

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Speaker 7: it was tapped into the recycling sector like most others.

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Speaker 7: So yes, okay, it had it had its operation where

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Speaker 7: she's like most of the businesses have been dealing since,

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Speaker 7: you know, pre and after COVID. I mean, we're not

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Speaker 7: We're not making excuses on that. But when the members

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Speaker 7: are told that, you know, it's the cost of running

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Speaker 7: is so high now because of the power prices that

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Speaker 7: they're having to shut down. You know, that was one

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Speaker 7: of the major factors for that decision. Now we're going

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Speaker 7: through a process of consultation. There may be an in

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Speaker 7: game out of it. I hear that there's been some

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Speaker 7: discussions in central government. I hear that, you know, people

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Speaker 7: are talking about this, which is great. But the concerning

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Speaker 7: part about this, Mike, is it's not just the seventy

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Speaker 7: five childs. It's seventy five families, you know.

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Speaker 2: Yeah, I mean I get to see the problem is that.

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Speaker 2: I mean, I don't know what the solution is. The

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Speaker 2: government looking at bringing an L and G, and they

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Speaker 2: might have to do that, will burn some more coal

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Speaker 2: or something like that. But you can't have a scenario

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Speaker 2: where a business, a viable business, can't do business because

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Speaker 2: somebody else has bugger the economy.

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Speaker 7: Yeah. But the other point about it, too, Mike, is

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Speaker 7: it's successive governments.

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Speaker 6: Right.

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Speaker 7: I'm not here to point the finger at anyone in

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Speaker 7: some respects. But the concerning part is is that this

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Speaker 7: will be potentially the endgame we'll be sending product overseas

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Speaker 7: to be milled and then brought back in at a

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Speaker 7: cheaper rate. But what will happen is, in the case

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Speaker 7: of this plant is seventy five families will have a

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Speaker 7: bread owner who won't have a job. And they're talking

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Speaker 7: about people trying to work. They're talking about helping working

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Speaker 7: class and working people in New Zealand. Well, we need

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Speaker 7: to start protecting the manufacturing and people's jobs. Like I

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Speaker 7: said the other day, we can argue as much as

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Speaker 7: we like about how many row cones are on the road,

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Speaker 7: but we should be making sure that people have jobs.

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Speaker 2: I tend to agree with you justin nice to talk

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Speaker 2: to you, appreciate it. Justin Wallaceborth's Union, Nichola Willis, we've

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Speaker 2: got on on another matter, but I think we'll probably

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Speaker 2: ditch that side of it because this is more important.

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Speaker 2: So the government are looking to bring an LNG. So

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Speaker 2: things are reaching a crisis point. I would argue, eighteen

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Speaker 2: minutes away from seven pass make to the Naki in

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Speaker 2: Napier struggling with energy price, Well, I'm assuming all mills

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Speaker 2: in the country are struggling with exactly the same problem.

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Speaker 2: I mean, the price of powers, the price of power,

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Speaker 2: and if you're doing broadly speaking, the same thing, everyone's

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Speaker 2: going to be in the same sort of boat, aren't they.

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Speaker 2: Why do we listen to Elon Musk? Quick question for you?

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Speaker 2: Saw a little podcast yesterday from Tucker Carlson.

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Speaker 9: Who had amazing So why listen to Elon mask No,

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Speaker 9: it's no.

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Speaker 2: No, no, it's Tucker Carlson was at his neighbor's house.

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Speaker 2: His neighbor had been given a cyber truck by Elon

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Speaker 2: Musk and they were working through whether or not it could,

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Speaker 2: in rural Maine, provide a sort of a replacement for

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Speaker 2: his Ford f three point fifty. I'll come back to

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Speaker 2: that because it's a fascinating story. But Elon Musk is

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Speaker 2: weighed into the British riot and talked about civil war,

434
00:20:59,800 --> 00:21:02,960
Speaker 2: and Keir Starmer, who should know better, has gone back

435
00:21:03,000 --> 00:21:05,600
Speaker 2: at them instead of ignoring them. The more that Elon

436
00:21:05,920 --> 00:21:08,200
Speaker 2: just concentrates on building a half decent car, the better

437
00:21:08,280 --> 00:21:10,600
Speaker 2: off will be. But anyway, I'm looking forward to sort

438
00:21:10,600 --> 00:21:12,440
Speaker 2: of talking to Rod about this in a couple of

439
00:21:12,520 --> 00:21:12,920
Speaker 2: hours time.

440
00:21:13,000 --> 00:21:17,320
Speaker 1: Seventeen to two, The Mic Hosking Breakfast Full Show podcast

441
00:21:17,480 --> 00:21:20,280
Speaker 1: on iHeartRadio Powered by news Talks.

442
00:21:20,040 --> 00:21:23,600
Speaker 2: EPI numbers within numbers, I will talk more about brad

443
00:21:23,600 --> 00:21:26,359
Speaker 2: Olsen's back with us. This unemployment number yesterday in relationship

444
00:21:26,480 --> 00:21:29,720
Speaker 2: to the Reserve Bank announcement coming next week. But the bulk,

445
00:21:29,800 --> 00:21:32,040
Speaker 2: you realize, the bulk half of all the people have

446
00:21:32,119 --> 00:21:33,639
Speaker 2: lost their jobs in the last year in this country.

447
00:21:33,680 --> 00:21:35,320
Speaker 2: Thirty three thousand people have lost their jobs in the

448
00:21:35,400 --> 00:21:37,680
Speaker 2: last year. Half of them are kids, basically fifteen to

449
00:21:37,800 --> 00:21:40,200
Speaker 2: nineteen year olds. Unemployment rate in that area in this

450
00:21:40,280 --> 00:21:44,960
Speaker 2: country is twenty one percent. More on that shortly fourteen.

451
00:21:44,640 --> 00:21:49,000
Speaker 13: Two international correspondence with ends and eye insurance Peace of

452
00:21:49,119 --> 00:21:50,639
Speaker 13: mind for New Zealand business.

453
00:21:50,520 --> 00:21:53,400
Speaker 2: Literally John in the morning, Good morning man. Now there's

454
00:21:53,560 --> 00:21:56,440
Speaker 2: tax for new foreign residents. How does that work?

455
00:21:57,600 --> 00:22:02,320
Speaker 14: Well, the Maloney cabinet today is doubling, has decided to

456
00:22:02,400 --> 00:22:06,200
Speaker 14: double the annual tax on these new tax residents that

457
00:22:06,280 --> 00:22:10,600
Speaker 14: are in Italy, the foreigners coming into Italy. It's they're

458
00:22:10,600 --> 00:22:12,800
Speaker 14: going to be facing a tax instead of one hundred

459
00:22:12,880 --> 00:22:16,120
Speaker 14: thousand a year, two hundred thousand a year. Now, these

460
00:22:16,119 --> 00:22:19,760
Speaker 14: are quite wealthy citizens. But this incentive was introduced by

461
00:22:19,800 --> 00:22:23,040
Speaker 14: a previous government in twenty seventeen. It was designed to

462
00:22:23,200 --> 00:22:26,480
Speaker 14: attract rich foreigners into the country to boost tax income

463
00:22:26,600 --> 00:22:29,800
Speaker 14: benefit the economy, and now they're turning around and saying

464
00:22:29,840 --> 00:22:31,360
Speaker 14: no more fiscal favors for the rich.

465
00:22:31,600 --> 00:22:33,720
Speaker 2: So this is one of those like a golden visa.

466
00:22:33,800 --> 00:22:35,920
Speaker 2: If you bring money into the country, or you start

467
00:22:35,960 --> 00:22:38,159
Speaker 2: a business, or you employ local people or whatever, you

468
00:22:38,200 --> 00:22:39,080
Speaker 2: can park yourself there.

469
00:22:39,760 --> 00:22:43,640
Speaker 14: Yeah, exactly, and I think it was quite a positive

470
00:22:43,720 --> 00:22:46,400
Speaker 14: move at the time. There's a lot of controversy about

471
00:22:46,480 --> 00:22:49,840
Speaker 14: doubling it, but then there's debate to say that these

472
00:22:49,840 --> 00:22:51,760
Speaker 14: are the kind of people that can afford to pay this.

473
00:22:52,320 --> 00:22:54,600
Speaker 14: The question is are they going after the foreigners when

474
00:22:54,600 --> 00:22:56,440
Speaker 14: they should be really going after the Italians?

475
00:22:56,800 --> 00:22:58,840
Speaker 2: Interesting, isn't it. I mean, it's not a very conservative

476
00:22:58,920 --> 00:23:00,800
Speaker 2: sort of government move. Would have thought they'd be all

477
00:23:00,880 --> 00:23:03,720
Speaker 2: pro immigration, but then again they're sort of not pro immigration,

478
00:23:03,880 --> 00:23:05,760
Speaker 2: are they still?

479
00:23:05,960 --> 00:23:06,200
Speaker 8: Really?

480
00:23:07,560 --> 00:23:09,159
Speaker 2: It's like do you want do you want anybody in.

481
00:23:09,200 --> 00:23:09,600
Speaker 12: There or not.

482
00:23:11,440 --> 00:23:13,919
Speaker 2: Bring in some rich people and make them pay exactly. Now,

483
00:23:14,000 --> 00:23:17,040
Speaker 2: these prison guards flirting Italians flirting with women. I mean,

484
00:23:17,040 --> 00:23:18,080
Speaker 2: who would have seen this coming.

485
00:23:18,760 --> 00:23:21,960
Speaker 14: This is a bizarre story. As we've talked about, the

486
00:23:22,040 --> 00:23:24,679
Speaker 14: Italian government has done a deal with Albania they're building

487
00:23:24,800 --> 00:23:28,159
Speaker 14: two offshore migrant centers which are delayed. They're due to

488
00:23:28,320 --> 00:23:32,160
Speaker 14: open soon, maybe maybe not, but there are forty five

489
00:23:32,480 --> 00:23:35,359
Speaker 14: male guards that have been designated to go to Albania

490
00:23:35,960 --> 00:23:39,800
Speaker 14: on August the twentieth, hopefully to open one of these centers.

491
00:23:40,080 --> 00:23:43,000
Speaker 14: And they've been given guidelines on how they should behave

492
00:23:43,160 --> 00:23:46,600
Speaker 14: and among those guidelines were be careful what you do

493
00:23:46,720 --> 00:23:49,199
Speaker 14: with the local women. Don't go pursuing them you might

494
00:23:49,280 --> 00:23:52,639
Speaker 14: get yourself into trouble. And avoid nudity. That was an

495
00:23:52,680 --> 00:23:53,399
Speaker 14: interesting one.

496
00:23:53,640 --> 00:23:57,240
Speaker 2: Right, So no, no nudity and no change. So the

497
00:23:57,320 --> 00:24:00,400
Speaker 2: Mussolini honorary honorary citizen and ship.

498
00:24:00,440 --> 00:24:04,440
Speaker 14: Where is this this we're talking about the island of Protia.

499
00:24:04,520 --> 00:24:07,439
Speaker 14: I beg your pardon off the coast of Naples. Now

500
00:24:07,680 --> 00:24:10,119
Speaker 14: this is not the only town I'm sure in Italy

501
00:24:10,160 --> 00:24:14,359
Speaker 14: that's still recognizes Mussolini with honorary citizenship. But after one

502
00:24:14,440 --> 00:24:18,560
Speaker 14: hundred years, this island has decided to remove that honor

503
00:24:19,280 --> 00:24:23,280
Speaker 14: because of anti Semitism concerns. And I think it's an

504
00:24:23,280 --> 00:24:25,600
Speaker 14: interesting move, but you know, it just shows you once

505
00:24:25,640 --> 00:24:29,560
Speaker 14: again how ingrained Mussolini's support is across Italy that some

506
00:24:29,680 --> 00:24:31,560
Speaker 14: of these towns haven't even looked at that as an issue.

507
00:24:31,680 --> 00:24:33,760
Speaker 2: What you buy up on the Olympics. Is Italy gripped

508
00:24:33,840 --> 00:24:33,960
Speaker 2: or not.

509
00:24:34,960 --> 00:24:37,359
Speaker 14: Italy is gripped because we've had quite a few gold

510
00:24:37,440 --> 00:24:40,159
Speaker 14: medal winners, the swimmers have done well and now there

511
00:24:40,160 --> 00:24:42,879
Speaker 14: are some interesting things going on track and field. So

512
00:24:43,200 --> 00:24:44,919
Speaker 14: there is a lot of interest I think in Italy

513
00:24:44,920 --> 00:24:45,800
Speaker 14: and it's still strong.

514
00:24:46,000 --> 00:24:47,720
Speaker 2: No stuf. See you next to this day Joe appreciated

515
00:24:47,800 --> 00:24:50,399
Speaker 2: Joe mckenner out of Italy for you. I've got some

516
00:24:50,680 --> 00:24:53,040
Speaker 2: fresh data on housing, the housing market for your buyers.

517
00:24:53,080 --> 00:24:55,280
Speaker 2: Markets still to tell you. Shortly ten away from seven.

518
00:24:56,720 --> 00:25:00,560
Speaker 3: The my costume Breakfast with Bailey's real Estate News Dogs.

519
00:25:00,920 --> 00:25:03,159
Speaker 2: Well, my husband works in manufacturing in Auckland. They got

520
00:25:03,160 --> 00:25:06,080
Speaker 2: the restructuring letters yesterday. Fifteen to twenty jobs going out

521
00:25:06,119 --> 00:25:08,320
Speaker 2: of fifty company wides, not just the shop floor. The

522
00:25:08,400 --> 00:25:11,200
Speaker 2: talk is lots of other manufacturing companies looking to downsize

523
00:25:11,280 --> 00:25:14,159
Speaker 2: due to current conditions. Manufacturing, I can tell you is

524
00:25:14,280 --> 00:25:15,720
Speaker 2: been in the doldrooms for a couple of years in

525
00:25:15,760 --> 00:25:18,320
Speaker 2: this country. They have a manufacturing index that we feature

526
00:25:18,359 --> 00:25:21,520
Speaker 2: on the program periodically plus or minus fifty above fifties

527
00:25:21,720 --> 00:25:26,080
Speaker 2: expansionary minus fifties. Contraction and manufacturing has been in the

528
00:25:26,119 --> 00:25:28,960
Speaker 2: doldrums forever. Read the power doesn't make it good. I'm

529
00:25:29,000 --> 00:25:31,159
Speaker 2: just telling you read the power prices, Mike. I used

530
00:25:31,160 --> 00:25:32,840
Speaker 2: to live in South Canterbury. During the summer when the

531
00:25:32,880 --> 00:25:35,040
Speaker 2: hydro lakes were at their fullest, the power companies would

532
00:25:35,080 --> 00:25:37,160
Speaker 2: spill water like there was no tomorrow. As a result,

533
00:25:37,240 --> 00:25:40,639
Speaker 2: lake levels during winter were rundown. That's not true, to

534
00:25:40,760 --> 00:25:42,760
Speaker 2: be fair. They only spill water when they've got so

535
00:25:42,840 --> 00:25:44,080
Speaker 2: much water they don't know what to do with it,

536
00:25:44,160 --> 00:25:46,240
Speaker 2: and some of them don't need as much power. And

537
00:25:46,320 --> 00:25:48,920
Speaker 2: the problem with hydro is you either do one of

538
00:25:48,960 --> 00:25:51,440
Speaker 2: two things. Wait for the rain to come and pray

539
00:25:51,480 --> 00:25:53,040
Speaker 2: it comes at the right time in the right place,

540
00:25:53,800 --> 00:25:56,120
Speaker 2: or you store it. And that was the previous labor

541
00:25:56,119 --> 00:25:59,200
Speaker 2: government's idea. I forgot what it was called. Was what

542
00:25:59,440 --> 00:26:03,359
Speaker 2: lake Dunce. It wasn't dunstan Onslow, so that they were

543
00:26:03,359 --> 00:26:04,600
Speaker 2: going to say it was going to be a massive

544
00:26:04,640 --> 00:26:07,399
Speaker 2: bucket basically, so you take all the rain when it comes,

545
00:26:07,440 --> 00:26:08,800
Speaker 2: you store it up and when you need it. That

546
00:26:08,920 --> 00:26:11,040
Speaker 2: was there, but that was thirty two billion dollars to

547
00:26:11,119 --> 00:26:13,840
Speaker 2: build that. So we thought that a few wind mills,

548
00:26:14,480 --> 00:26:16,480
Speaker 2: but a solar might fill the gap, and of course

549
00:26:16,520 --> 00:26:19,560
Speaker 2: it hasn't. And so when it doesn't rain and we

550
00:26:19,640 --> 00:26:22,400
Speaker 2: don't like the coal and we don't have the wind

551
00:26:22,480 --> 00:26:25,480
Speaker 2: mills and the sun doesn't shine enough, and you know,

552
00:26:25,600 --> 00:26:28,000
Speaker 2: it's just we're hopeless, basically.

553
00:26:27,720 --> 00:26:29,359
Speaker 9: So we're not enough people crossing their fingers.

554
00:26:30,080 --> 00:26:33,240
Speaker 2: There's probably something in that. But nevertheless, the unemployment just

555
00:26:33,320 --> 00:26:36,280
Speaker 2: quickly on the unemployment rate fifteen to nineteen year olds.

556
00:26:36,440 --> 00:26:39,040
Speaker 2: So certainly half of that group fifteen to seventeen are

557
00:26:39,160 --> 00:26:43,000
Speaker 2: barely out of high school, so they're clearly underqualified. In fact,

558
00:26:43,000 --> 00:26:45,040
Speaker 2: you could argue the whole lot are underqualified. But when

559
00:26:45,320 --> 00:26:47,960
Speaker 2: half of the jobs lost in this country, and no

560
00:26:48,080 --> 00:26:51,960
Speaker 2: surprise here, the moment an economy contracts, it's the weakest,

561
00:26:52,040 --> 00:26:55,480
Speaker 2: the newest, the youngest, the earliest arrivors who go first.

562
00:26:56,359 --> 00:26:59,439
Speaker 2: And what do you do about that? Well, long term,

563
00:26:59,520 --> 00:27:01,080
Speaker 2: you tell them to start at school longer and get

564
00:27:01,080 --> 00:27:03,119
Speaker 2: some more qualifications and pick a career path and do

565
00:27:03,200 --> 00:27:06,480
Speaker 2: something more productive with their lives. But it doesn't solve

566
00:27:06,520 --> 00:27:09,880
Speaker 2: your problem. And it may well to a degree, partially

567
00:27:10,040 --> 00:27:13,720
Speaker 2: explain why things haven't got uglier than they have. Because

568
00:27:13,760 --> 00:27:16,480
Speaker 2: when you talk about spending. When half the people unemployed

569
00:27:17,320 --> 00:27:21,440
Speaker 2: are kids with let's be honest, no money, then the

570
00:27:21,520 --> 00:27:24,000
Speaker 2: rest of us do have the money. Hence we're still spending.

571
00:27:24,040 --> 00:27:26,600
Speaker 2: Hence the economy is not as contracted as Adrian might

572
00:27:26,960 --> 00:27:30,880
Speaker 2: like it to be. Five minutes away from seven, the ins.

573
00:27:30,880 --> 00:27:32,760
Speaker 3: Are the outs. It's the biz.

574
00:27:33,160 --> 00:27:36,920
Speaker 1: With business Fiber, take your business productivity to the next level.

575
00:27:37,000 --> 00:27:39,280
Speaker 2: Still a buyer's market news stats. This is the Core

576
00:27:39,359 --> 00:27:42,920
Speaker 2: Logic Pain and Gain Report. Proportion of property sold for

577
00:27:43,119 --> 00:27:45,600
Speaker 2: more than the original purchase price in Q two ninety

578
00:27:45,640 --> 00:27:48,800
Speaker 2: two point one percent, slight drop from ninety two point

579
00:27:48,920 --> 00:27:53,439
Speaker 2: nine and Q one the median gain drops slightly compete

580
00:27:53,480 --> 00:27:55,520
Speaker 2: with last quarter, from three hundred and fifteen thousand dollars

581
00:27:55,560 --> 00:27:57,399
Speaker 2: you put in your pocket to three hundred and one thousand.

582
00:27:57,880 --> 00:28:01,160
Speaker 2: Median loss has increased episode slightly from fifty to fifty

583
00:28:01,200 --> 00:28:03,760
Speaker 2: one thousand dollars. Properties that were sold for a gain

584
00:28:03,800 --> 00:28:06,040
Speaker 2: were held on average for nine point two years. Are

585
00:28:06,080 --> 00:28:07,520
Speaker 2: the one sold at the loss were held for two

586
00:28:07,560 --> 00:28:10,119
Speaker 2: point seven so another you know, the shorty you hold it.

587
00:28:10,200 --> 00:28:14,280
Speaker 2: The investment returns not as great obviously. Apartments not looking good.

588
00:28:14,359 --> 00:28:16,920
Speaker 2: Thirty five percent of apartment resales resulted in a loss.

589
00:28:17,080 --> 00:28:20,800
Speaker 2: That's the lowest number since twenty twelve. Auckland's ugly twelve

590
00:28:20,840 --> 00:28:23,639
Speaker 2: point one percent of all sales lost. That's up from

591
00:28:23,720 --> 00:28:27,040
Speaker 2: nine point four Hamilton and Toweronger nine point seven and

592
00:28:27,119 --> 00:28:30,119
Speaker 2: eight point eight. In other words, the percentage of houses

593
00:28:30,200 --> 00:28:33,280
Speaker 2: sold at a loss Wellington six point seven percent, apartment

594
00:28:33,359 --> 00:28:35,640
Speaker 2: sold at a loss the need and it's five point

595
00:28:35,720 --> 00:28:37,679
Speaker 2: two christ due to four point three g christ gyt

596
00:28:37,840 --> 00:28:41,480
Speaker 2: is good? Isn't it the average highest average profit? If

597
00:28:41,480 --> 00:28:43,120
Speaker 2: you want to look at it that way's tower Hoor

598
00:28:43,560 --> 00:28:45,920
Speaker 2: You made on average four hundred and five thousand dollars.

599
00:28:45,960 --> 00:28:48,400
Speaker 2: Have you sold your house in Auckland at three ninety

600
00:28:48,440 --> 00:28:51,560
Speaker 2: two thousand Wellingston's three ninety christ du it's two seventy

601
00:28:51,600 --> 00:28:53,280
Speaker 2: four to need and two seventy five cent to need.

602
00:28:53,320 --> 00:28:55,000
Speaker 2: It's the fifth there, isn't it because you didn't pay much.

603
00:28:55,000 --> 00:28:56,840
Speaker 2: If you made two hundred and seventy five thousand dollars profit,

604
00:28:57,160 --> 00:28:59,400
Speaker 2: that would have been off a minimal investment, given houses

605
00:28:59,400 --> 00:29:02,160
Speaker 2: are on average are a great deal cheaper in that

606
00:29:02,240 --> 00:29:03,760
Speaker 2: particular part of the world. Did you get all of

607
00:29:03,760 --> 00:29:08,680
Speaker 2: those numbers here? Going? Oh my god, the numbers anyway,

608
00:29:08,720 --> 00:29:10,800
Speaker 2: what I'm telling you is there's more houses being sold

609
00:29:10,840 --> 00:29:14,920
Speaker 2: at a loss, and that number seems to be tailing off.

610
00:29:15,880 --> 00:29:18,360
Speaker 2: I'm reasonably bullish about the housing market to this brink.

611
00:29:18,400 --> 00:29:19,960
Speaker 2: I think by the I think by the time we

612
00:29:20,040 --> 00:29:22,440
Speaker 2: get to springtime, I think you see some a real lift. Certainly,

613
00:29:22,520 --> 00:29:24,760
Speaker 2: listings are up at the moment, in the time to sell,

614
00:29:25,200 --> 00:29:27,320
Speaker 2: as we told you the other day is down, So

615
00:29:27,440 --> 00:29:31,040
Speaker 2: that part's encouraging, right, Bradley Olsen, what's he make of this?

616
00:29:31,120 --> 00:29:34,640
Speaker 2: I mean, I think we can put to rest this

617
00:29:34,880 --> 00:29:38,120
Speaker 2: mad idea that Adrian's going to cut in August. I

618
00:29:38,160 --> 00:29:40,520
Speaker 2: don't think that's going to happen out of yesterday's job numbers.

619
00:29:40,520 --> 00:29:43,000
Speaker 2: But he's an expert, so we'll ask him for the news.

620
00:29:45,080 --> 00:29:49,160
Speaker 1: The newsmakers and the personalities the big names talk to,

621
00:29:49,520 --> 00:29:53,880
Speaker 1: like Costing Breakfast with Bailey's real Estate doing real estate

622
00:29:53,960 --> 00:29:57,040
Speaker 1: differently since nineteen seventy three, news talk said be.

623
00:29:57,200 --> 00:29:59,160
Speaker 2: Welling seven past seven. So the job's number and their

624
00:29:59,200 --> 00:30:01,120
Speaker 2: link to the cash wagh from the Reserve Bank monetary

625
00:30:01,160 --> 00:30:04,520
Speaker 2: call next week four point six percent. It was below expectations,

626
00:30:04,560 --> 00:30:06,280
Speaker 2: in other words, not as bad as thoughts. So that

627
00:30:06,320 --> 00:30:08,280
Speaker 2: would mean those who argue for a cut and August

628
00:30:08,280 --> 00:30:11,120
Speaker 2: are wrong, surely infimetrics principle Economist Brad Olsen's bank, Well,

629
00:30:11,160 --> 00:30:12,000
Speaker 2: there's Brad, morning to you.

630
00:30:12,840 --> 00:30:13,320
Speaker 7: Good morning.

631
00:30:13,360 --> 00:30:15,600
Speaker 2: I suppose one of the interesting things the divergence of

632
00:30:15,760 --> 00:30:18,040
Speaker 2: views we're getting from the economic community at the moment

633
00:30:18,160 --> 00:30:20,680
Speaker 2: gives you a sense of just how vexed all this is,

634
00:30:20,760 --> 00:30:23,000
Speaker 2: doesn't it, oh, one hundred percent?

635
00:30:23,040 --> 00:30:24,440
Speaker 15: I mean, you've got a couple of banks that are

636
00:30:24,480 --> 00:30:27,680
Speaker 15: picking an August cut, You've got another that's picking in

637
00:30:27,800 --> 00:30:31,120
Speaker 15: October and November cuts. Others who are picking in November cut.

638
00:30:31,200 --> 00:30:33,440
Speaker 15: Some of us still thinking, well, either it could be

639
00:30:33,480 --> 00:30:36,040
Speaker 15: February or honestly, who knows with the Reserve Bank at

640
00:30:36,040 --> 00:30:39,120
Speaker 15: that at this point, And that really is the challenge.

641
00:30:39,120 --> 00:30:41,000
Speaker 15: It's not actually so much that we're all looking at

642
00:30:41,040 --> 00:30:43,400
Speaker 15: the economic data and coming up with different staffs, that

643
00:30:43,440 --> 00:30:45,600
Speaker 15: we're coming up and looking at the economic data and

644
00:30:45,680 --> 00:30:47,920
Speaker 15: going what on earth do we think the Reserve think

645
00:30:48,040 --> 00:30:49,480
Speaker 15: is going to do? And the fact that none of

646
00:30:49,560 --> 00:30:53,160
Speaker 15: us quite know speaks a little bit how inconsistent their

647
00:30:53,240 --> 00:30:55,720
Speaker 15: messaging has been. You know, one of the B and

648
00:30:55,840 --> 00:30:58,200
Speaker 15: Z notes, I think that was this week, sort of said, look,

649
00:30:59,200 --> 00:31:02,040
Speaker 15: the thing is that propensity to surprise from the bank

650
00:31:02,120 --> 00:31:04,920
Speaker 15: leaves them with a huge degree of nervousness about their call.

651
00:31:05,000 --> 00:31:06,240
Speaker 7: But they don't know. We don't know.

652
00:31:06,360 --> 00:31:08,800
Speaker 15: We're all sort of grasping its straws and just playing

653
00:31:08,840 --> 00:31:09,440
Speaker 15: a waiting game.

654
00:31:10,480 --> 00:31:13,640
Speaker 2: August is off, isn't it. Surely anyone who argues August

655
00:31:13,760 --> 00:31:15,920
Speaker 2: is a possibility is dreaming, aren't they.

656
00:31:17,200 --> 00:31:19,560
Speaker 15: Well, the marks certainly think that it's one hundred percent on.

657
00:31:19,880 --> 00:31:22,640
Speaker 15: I think that is overblown, I mean, and the big

658
00:31:22,720 --> 00:31:25,000
Speaker 15: one for me is that it would take such a

659
00:31:25,240 --> 00:31:27,720
Speaker 15: huge reversal for the Reserve Being to have gone in

660
00:31:27,840 --> 00:31:29,920
Speaker 15: May with their latest forecast and said, look, you know

661
00:31:30,320 --> 00:31:33,520
Speaker 15: it's going to be August twenty twenty five for them

662
00:31:33,560 --> 00:31:35,680
Speaker 15: to now sort of turn around without really being able

663
00:31:35,720 --> 00:31:37,600
Speaker 15: to put out any additional forecasts and say, look, we

664
00:31:37,720 --> 00:31:40,040
Speaker 15: were just so hopelessly wrong that we've now had to

665
00:31:40,080 --> 00:31:42,920
Speaker 15: bring forward things by a year. But that is also

666
00:31:43,160 --> 00:31:45,120
Speaker 15: sort of the challenge, right, Even if they don't go

667
00:31:45,240 --> 00:31:47,640
Speaker 15: in August, they should be starting to lay the groundwork

668
00:31:47,720 --> 00:31:50,520
Speaker 15: now for a CAT. I don't think it'll be October

669
00:31:50,600 --> 00:31:52,560
Speaker 15: because I think they'll probably want to have the full

670
00:31:52,640 --> 00:31:56,000
Speaker 15: monetary policy statement. The ability to put out fullcast and

671
00:31:56,080 --> 00:31:58,480
Speaker 15: a lot more context. But that almost opens up the

672
00:31:58,560 --> 00:32:01,240
Speaker 15: potential that maybe, if it is November, maybe it's fifty

673
00:32:01,280 --> 00:32:03,200
Speaker 15: basis points to start with, because.

674
00:32:02,880 --> 00:32:04,400
Speaker 3: Again waiting too long.

675
00:32:06,440 --> 00:32:08,760
Speaker 2: On their part, though, Brad, they can't go fifty. Think

676
00:32:08,800 --> 00:32:11,160
Speaker 2: of who you're dealing with. You're dealing with Adrian ego

677
00:32:11,480 --> 00:32:13,280
Speaker 2: or he's not going to go what's there? It is

678
00:32:13,360 --> 00:32:14,680
Speaker 2: fifty folks, because everyone want to.

679
00:32:14,680 --> 00:32:18,160
Speaker 15: Go what Well, But remember that when the reserve vent

680
00:32:18,280 --> 00:32:22,520
Speaker 15: did get through their heads that inflation was more persistent

681
00:32:22,760 --> 00:32:25,240
Speaker 15: and less transitory than that people were making out to

682
00:32:25,280 --> 00:32:27,240
Speaker 15: be a year and a bit ago. Two years ago.

683
00:32:27,960 --> 00:32:30,120
Speaker 15: That's when they did start to make those bigger moves.

684
00:32:30,160 --> 00:32:32,160
Speaker 15: You know, you saw a seventy five bass point trigger

685
00:32:32,200 --> 00:32:35,080
Speaker 15: pulled at one, So I wouldn't discount it. But the

686
00:32:35,160 --> 00:32:36,800
Speaker 15: big thing for me is that they do need to

687
00:32:36,880 --> 00:32:39,280
Speaker 15: explain why they got it so wrong, because if you

688
00:32:39,320 --> 00:32:41,160
Speaker 15: look at their forecast, if you look at the data,

689
00:32:41,440 --> 00:32:44,320
Speaker 15: they got unemployment picked bang on. They got inflation at

690
00:32:44,360 --> 00:32:47,280
Speaker 15: a headline level it was slightly better. They got non

691
00:32:47,360 --> 00:32:50,400
Speaker 15: tradables it was slightly worse. GDP bang on. All of

692
00:32:50,480 --> 00:32:53,320
Speaker 15: the data broadly is consistent with their view. In May

693
00:32:53,640 --> 00:32:56,200
Speaker 15: that it takes them for August next year to do anything.

694
00:32:56,240 --> 00:32:57,760
Speaker 15: So if they're going to move, they're going to have

695
00:32:57,800 --> 00:32:58,880
Speaker 15: to say why they're stuffed up.

696
00:32:59,040 --> 00:33:01,680
Speaker 2: Yes, indeed, what they read the Westpac stuff and go

697
00:33:01,920 --> 00:33:04,160
Speaker 2: Q two Q three recession. In other words, there's a

698
00:33:04,200 --> 00:33:06,080
Speaker 2: recession coming. Would they look at go we don't need

699
00:33:06,160 --> 00:33:08,160
Speaker 2: a recession, don't want a recession. Maybe it's too late,

700
00:33:08,200 --> 00:33:09,760
Speaker 2: we need to do something. Would any of that making

701
00:33:09,800 --> 00:33:10,440
Speaker 2: they difference or.

702
00:33:10,440 --> 00:33:12,400
Speaker 7: Not to a degree?

703
00:33:12,440 --> 00:33:14,000
Speaker 15: I think it would make a difference. I think, you know,

704
00:33:14,040 --> 00:33:15,520
Speaker 15: if you look at one or the other. And less

705
00:33:15,560 --> 00:33:18,760
Speaker 15: talked about figures from yesterday's our unemployment release was the

706
00:33:18,840 --> 00:33:20,720
Speaker 15: number of hours worked in the economy. That sort of

707
00:33:20,760 --> 00:33:23,600
Speaker 15: fell fairly steeply in a sense. So that highlights that,

708
00:33:23,640 --> 00:33:25,360
Speaker 15: you know, you've not only got job losses, but the

709
00:33:25,440 --> 00:33:27,800
Speaker 15: people who are still in jobs are also not you know,

710
00:33:27,880 --> 00:33:31,160
Speaker 15: there's not that much activity fully coming through from the economy,

711
00:33:31,240 --> 00:33:33,800
Speaker 15: so that will weaken it. But again the Reserve Bank knows,

712
00:33:33,880 --> 00:33:36,320
Speaker 15: we all know that monetary policy doesn't work that quickly

713
00:33:36,400 --> 00:33:39,600
Speaker 15: yet could take six, twelve, eighteen months. But again the

714
00:33:39,640 --> 00:33:41,280
Speaker 15: Reserve Bank knew then in May as well. It's not

715
00:33:41,400 --> 00:33:44,280
Speaker 15: like this is a new revelation. So again, then like

716
00:33:44,760 --> 00:33:46,840
Speaker 15: this is the thing whether that I'm really struggling with

717
00:33:47,040 --> 00:33:49,560
Speaker 15: is and the reason that we ad informetrics. We're not

718
00:33:49,680 --> 00:33:52,080
Speaker 15: even readjusting of you until we see what the Reserve

719
00:33:52,160 --> 00:33:53,959
Speaker 15: Bank comes out with this time, because in May they

720
00:33:54,000 --> 00:33:56,520
Speaker 15: talked about going up and pushing it out to August

721
00:33:56,920 --> 00:34:00,360
Speaker 15: next year. Their July review they and you've got a

722
00:34:00,360 --> 00:34:01,800
Speaker 15: bit of text to give us that seemed to have

723
00:34:01,880 --> 00:34:03,280
Speaker 15: a much more sort of dubvish view.

724
00:34:03,360 --> 00:34:03,840
Speaker 16: Maybe it is.

725
00:34:03,880 --> 00:34:06,160
Speaker 15: Coming to but honestly, I think we're all sort of

726
00:34:06,200 --> 00:34:07,760
Speaker 15: flying blind and we've got no idea.

727
00:34:08,440 --> 00:34:11,000
Speaker 2: Good on you, Brad. I always enjoy your company. Brad Olsen, Jeez,

728
00:34:11,000 --> 00:34:13,360
Speaker 2: it's fun being a pawn in a big game like this,

729
00:34:13,520 --> 00:34:16,240
Speaker 2: isn't it. Eh. It's not like it's important or anything.

730
00:34:16,280 --> 00:34:19,160
Speaker 2: Eleven minutes past seven Skar direction coming for the Public

731
00:34:19,239 --> 00:34:21,600
Speaker 2: Service another of these letters of expectation from the government.

732
00:34:21,640 --> 00:34:24,640
Speaker 2: This is a workforce policy statement that covers everything from pay, equity,

733
00:34:24,719 --> 00:34:27,680
Speaker 2: diversity remneration to contract the costs. The message from the

734
00:34:27,719 --> 00:34:30,400
Speaker 2: government around pay is that collective bargaining and pay increases

735
00:34:30,480 --> 00:34:33,239
Speaker 2: must come from budget baselines. The Public Service Minister is

736
00:34:33,239 --> 00:34:34,880
Speaker 2: of course, Nikola Willis, who is with us, a very

737
00:34:34,880 --> 00:34:35,480
Speaker 2: good morning to you.

738
00:34:36,440 --> 00:34:37,160
Speaker 3: Good morning, Mike.

739
00:34:37,239 --> 00:34:38,680
Speaker 2: Do you want to join in the game of guessing

740
00:34:38,719 --> 00:34:40,239
Speaker 2: what Adrian's thinking at the moment or not?

741
00:34:41,440 --> 00:34:44,000
Speaker 17: Well, you know, his independent decisions and I need to

742
00:34:44,040 --> 00:34:47,799
Speaker 17: separate myself out from them. We've just said, look, we're

743
00:34:47,800 --> 00:34:51,480
Speaker 17: getting inflation down. When inflation comes down, interest rates can

744
00:34:51,640 --> 00:34:53,680
Speaker 17: find and he will decide how soon.

745
00:34:53,960 --> 00:34:56,759
Speaker 2: Okay, this letter to the public service. Is that why now,

746
00:34:56,920 --> 00:34:58,759
Speaker 2: given you've been in office for seven or eight months.

747
00:35:00,360 --> 00:35:03,280
Speaker 17: Well, because we're now entering new rounds of collective bargaining,

748
00:35:03,360 --> 00:35:06,560
Speaker 17: and it's very important going into those negotiations that government

749
00:35:06,640 --> 00:35:10,920
Speaker 17: agencies are realistic about our financial circumstances, which is there

750
00:35:11,000 --> 00:35:13,839
Speaker 17: is not much money in the coffers and we need

751
00:35:13,920 --> 00:35:16,360
Speaker 17: to be extremely disciplined if we're to hit our budgets.

752
00:35:16,640 --> 00:35:20,200
Speaker 17: So that includes how they negotiate to pay interest times.

753
00:35:20,960 --> 00:35:24,560
Speaker 17: Pay rises to the public sector have risen ahead of

754
00:35:24,680 --> 00:35:27,359
Speaker 17: the private sector, and that's not quite right. We don't

755
00:35:27,360 --> 00:35:28,160
Speaker 17: want them leaving like that.

756
00:35:28,239 --> 00:35:30,120
Speaker 2: That is correct, which is what I was just going

757
00:35:30,200 --> 00:35:32,480
Speaker 2: to raise. So wages yesterday and the unemployment numbers at

758
00:35:32,480 --> 00:35:34,480
Speaker 2: four point three, but that's averaged out the public sector

759
00:35:34,480 --> 00:35:36,200
Speaker 2: beats the private sector hands down, doesn't it.

760
00:35:37,400 --> 00:35:41,640
Speaker 17: It does, and that reflects a number of big negotiations

761
00:35:41,680 --> 00:35:44,640
Speaker 17: that have gone and reflects pay equity going through. And

762
00:35:44,800 --> 00:35:47,160
Speaker 17: we think we're now entering a time of restraint and

763
00:35:47,280 --> 00:35:49,800
Speaker 17: moderation and that is going to be effected in the

764
00:35:49,840 --> 00:35:50,440
Speaker 17: public service.

765
00:35:50,480 --> 00:35:52,480
Speaker 15: The good newsers'.

766
00:35:51,719 --> 00:35:55,000
Speaker 17: Godentation coming down that people's wages can go a lot further.

767
00:35:55,560 --> 00:35:57,919
Speaker 17: We're not seeing prices increase rapidly every week.

768
00:35:58,280 --> 00:36:00,280
Speaker 2: Okay, a couple of things while I've got you, Minister

769
00:36:00,360 --> 00:36:02,440
Speaker 2: of Finance, hat are we looking to I mean, I

770
00:36:02,520 --> 00:36:04,200
Speaker 2: know we're looking, but are we going to have to

771
00:36:04,280 --> 00:36:07,000
Speaker 2: import lerg into this country to keep a few businesses open?

772
00:36:08,040 --> 00:36:10,640
Speaker 17: We are looking at the feasibility of that, and that's

773
00:36:10,680 --> 00:36:14,320
Speaker 17: because we are in a very dramatic situation. We do

774
00:36:14,480 --> 00:36:18,600
Speaker 17: not have enough gas. That means we have significant electricity

775
00:36:18,640 --> 00:36:23,880
Speaker 17: shortages and have been experiencing the highest electricity spot prices

776
00:36:24,480 --> 00:36:28,000
Speaker 17: in the world. And I'll tell you something about countries

777
00:36:28,120 --> 00:36:28,840
Speaker 17: that are poor and.

778
00:36:29,040 --> 00:36:31,320
Speaker 15: Energy, They are poor countries.

779
00:36:31,840 --> 00:36:33,920
Speaker 17: So we need to get this sorted. We don't want

780
00:36:33,960 --> 00:36:37,319
Speaker 17: to see businesses falling over because they can't afford electricity

781
00:36:38,080 --> 00:36:41,600
Speaker 17: and there's no doubt the shortage and gas has contributed

782
00:36:41,680 --> 00:36:45,759
Speaker 17: to this significantly. In importing liquefied natural gas could be

783
00:36:45,840 --> 00:36:46,320
Speaker 17: a solution.

784
00:36:46,640 --> 00:36:49,440
Speaker 2: Okay, So could it be solved if it rained heavily

785
00:36:49,480 --> 00:36:51,800
Speaker 2: in the spot price drops and everyone goes fuel or

786
00:36:51,920 --> 00:36:53,480
Speaker 2: is this a bigger picture thing that we need to

787
00:36:53,600 --> 00:36:56,440
Speaker 2: have some sort of plan on in the short term.

788
00:36:56,600 --> 00:36:59,239
Speaker 17: You're right, if it rained a lot, these problems would

789
00:36:59,280 --> 00:37:01,320
Speaker 17: not be as a But I don't want to be

790
00:37:01,360 --> 00:37:04,480
Speaker 17: in a situation where every winter for the next few

791
00:37:04,560 --> 00:37:08,080
Speaker 17: years we're worrying biting our nails for the rain to fall.

792
00:37:08,200 --> 00:37:11,120
Speaker 17: We actually need to have some backup capacity. That's what

793
00:37:11,280 --> 00:37:14,600
Speaker 17: gas has traditionally been there for. The last government banned

794
00:37:14,719 --> 00:37:16,800
Speaker 17: the exploration of it, and we now find ourselves in

795
00:37:16,840 --> 00:37:19,480
Speaker 17: a very tricky situation. So we're looking at what we

796
00:37:19,600 --> 00:37:22,880
Speaker 17: need to do immediately to keep the lights on affordably,

797
00:37:23,280 --> 00:37:25,880
Speaker 17: but then also over the medium term, what may be

798
00:37:26,080 --> 00:37:29,000
Speaker 17: needed to make this an electricity rich country. The world

799
00:37:29,080 --> 00:37:32,200
Speaker 17: is actually in a race for who can generate electricity

800
00:37:32,280 --> 00:37:37,800
Speaker 17: affordably and sustainably. Countries that can will be welcoming industry

801
00:37:38,000 --> 00:37:41,080
Speaker 17: new jobs, The industries of the future, Data centers, AI

802
00:37:41,600 --> 00:37:44,520
Speaker 17: countries that can't get it done are going to fall behind, and.

803
00:37:44,600 --> 00:37:46,520
Speaker 2: I do not want that to be using the three

804
00:37:46,600 --> 00:37:48,560
Speaker 2: mills so far, one in Auckland, two in the center

805
00:37:48,600 --> 00:37:50,399
Speaker 2: of the North Island. Are you hearing there are more?

806
00:37:50,440 --> 00:37:52,560
Speaker 2: In other words, if you're in that broad industry roughly

807
00:37:52,560 --> 00:37:55,800
Speaker 2: and it requires electricity, are lots of people actually in trouble.

808
00:37:55,880 --> 00:37:56,960
Speaker 2: We just haven't heard about it yet.

809
00:37:57,920 --> 00:38:00,560
Speaker 17: I'm hearing there is a lot of pain because of

810
00:38:00,640 --> 00:38:03,200
Speaker 17: these high spot prices. That is putting a lot of

811
00:38:03,280 --> 00:38:07,800
Speaker 17: pressure on a lot of businesses who are desperately searching

812
00:38:07,920 --> 00:38:10,319
Speaker 17: some sort of relief. And that is why we are

813
00:38:10,360 --> 00:38:13,560
Speaker 17: treating this with urgency and are considering those extraordinary measures

814
00:38:13,640 --> 00:38:16,680
Speaker 17: such as the importation of liquid natural gas and the

815
00:38:16,760 --> 00:38:18,279
Speaker 17: investments required able to do that.

816
00:38:18,520 --> 00:38:20,239
Speaker 7: These are not normal.

817
00:38:20,000 --> 00:38:23,239
Speaker 17: Things to be having to be thinking about as a government, Mike.

818
00:38:23,360 --> 00:38:26,800
Speaker 17: But we've been left in a terrible situation by the

819
00:38:26,920 --> 00:38:30,120
Speaker 17: previous government which was reckless in its decision making and

820
00:38:30,239 --> 00:38:35,600
Speaker 17: put that very basic commodity, affordable electricity, at risk, and

821
00:38:35,760 --> 00:38:37,080
Speaker 17: people should never forget it.

822
00:38:37,440 --> 00:38:39,680
Speaker 2: Megan would said the other day it's not her fault

823
00:38:39,719 --> 00:38:41,719
Speaker 2: at all, because they hadn't discovered gas in the years,

824
00:38:41,800 --> 00:38:42,680
Speaker 2: so no big deal.

825
00:38:42,800 --> 00:38:47,759
Speaker 17: You say what I say, that is absolutely ridiculous. When

826
00:38:47,800 --> 00:38:50,239
Speaker 17: you say to the industry you are not allowed to

827
00:38:50,360 --> 00:38:54,240
Speaker 17: explore for gas. The effectives no one wants an investment

828
00:38:54,320 --> 00:38:57,200
Speaker 17: in your country anymore, and you won't be getting any gas.

829
00:38:57,640 --> 00:39:00,719
Speaker 17: And she did that even while having no plans to

830
00:39:00,840 --> 00:39:04,360
Speaker 17: accelerate the building of when farms and solar farms, no

831
00:39:04,600 --> 00:39:07,279
Speaker 17: plan to make up for that gap and generation. And

832
00:39:07,400 --> 00:39:09,719
Speaker 17: now we find ourselves in a situation where we are

833
00:39:09,800 --> 00:39:13,960
Speaker 17: literally having factories closed down, with New Zealanders losing their jobs,

834
00:39:14,040 --> 00:39:18,839
Speaker 17: communities devastated because we don't have enough electricity. Unacceptable.

835
00:39:19,120 --> 00:39:22,480
Speaker 2: Correct, Nikola Willis Finance Minister came on as Public Service Minister.

836
00:39:22,840 --> 00:39:24,920
Speaker 2: It is sixteen past seven.

837
00:39:25,120 --> 00:39:29,760
Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio.

838
00:39:30,000 --> 00:39:31,160
Speaker 3: Howard By News talks that.

839
00:39:31,280 --> 00:39:34,200
Speaker 2: Be But Mike, I don't understand. Jacinda said the oil

840
00:39:34,239 --> 00:39:36,080
Speaker 2: and gas sector was going to pivot. She was coming

841
00:39:36,120 --> 00:39:38,120
Speaker 2: back to Taranaki to explain it to us. I'm sure

842
00:39:38,200 --> 00:39:42,000
Speaker 2: she'll be back shortly, Mike. Honestly, we must never forget

843
00:39:42,040 --> 00:39:45,480
Speaker 2: how bloody useless the last labor government were had the

844
00:39:45,560 --> 00:39:48,120
Speaker 2: unemployment members Mike taken into account, the people that have

845
00:39:48,160 --> 00:39:50,359
Speaker 2: fled the country. No, they don't, of course, because they're

846
00:39:50,400 --> 00:39:52,160
Speaker 2: not here. You've got to be registered to be unemployed.

847
00:39:52,239 --> 00:39:53,960
Speaker 2: A couple of stories around it. One that we a

848
00:39:54,000 --> 00:39:55,279
Speaker 2: lot of people who have been laid off that have

849
00:39:55,320 --> 00:39:57,480
Speaker 2: got too much money at home that they can't actually

850
00:39:57,560 --> 00:39:59,879
Speaker 2: get the unemployment benefit. A lot of people who will

851
00:40:00,120 --> 00:40:01,719
Speaker 2: laid off and retired, a lot of people who have

852
00:40:01,840 --> 00:40:03,600
Speaker 2: laid off and will be taking a holiday. A lot

853
00:40:03,600 --> 00:40:05,279
Speaker 2: of people have been laid off moved into other jobs,

854
00:40:05,320 --> 00:40:07,719
Speaker 2: that sort of thing. They never get registered. Unless you're registered,

855
00:40:08,320 --> 00:40:10,120
Speaker 2: you're not unemployed. If you've left the country, you're not

856
00:40:10,160 --> 00:40:13,000
Speaker 2: registered as unemployed here obviously, but you must understand and

857
00:40:13,120 --> 00:40:15,120
Speaker 2: remember that there are more people now in the country.

858
00:40:16,200 --> 00:40:18,719
Speaker 2: Net there's been a net gain and a large net

859
00:40:18,880 --> 00:40:21,640
Speaker 2: gain for people arriving at the country versus the New

860
00:40:21,719 --> 00:40:24,400
Speaker 2: Zealanders who of course are leaving. Mike with the government

861
00:40:24,480 --> 00:40:27,319
Speaker 2: deal to effectively subsidize the teaway Points smelter with chep

862
00:40:27,360 --> 00:40:29,680
Speaker 2: electricity given the amount of power they use, has this

863
00:40:29,760 --> 00:40:31,520
Speaker 2: had a negative flow and effect to other business it's

864
00:40:31,520 --> 00:40:35,800
Speaker 2: a very good question, yes, unquestionably, but it's not about that.

865
00:40:35,960 --> 00:40:38,440
Speaker 2: What it's about is the ability in Nicoler expressed it

866
00:40:38,560 --> 00:40:41,400
Speaker 2: very well. It's the ability of a country to produce

867
00:40:41,520 --> 00:40:44,960
Speaker 2: the resources required to do business, and not only do business,

868
00:40:45,360 --> 00:40:48,600
Speaker 2: do more business. And so twice now since that deal

869
00:40:48,640 --> 00:40:50,440
Speaker 2: was signed, te Y have been asked to cut back

870
00:40:50,480 --> 00:40:52,480
Speaker 2: on power. That's not the way to do business. I

871
00:40:52,520 --> 00:40:54,680
Speaker 2: said this about a week ago in the program. Asking

872
00:40:54,840 --> 00:40:58,000
Speaker 2: people to do less is not how you grow the economy.

873
00:40:58,040 --> 00:40:59,960
Speaker 2: So yes, it's having an effect. But then again, if

874
00:41:00,000 --> 00:41:02,560
Speaker 2: you look at the balance, I e. T Y aren't

875
00:41:02,560 --> 00:41:05,280
Speaker 2: here at all doing nothing because they've left the country

876
00:41:05,640 --> 00:41:07,520
Speaker 2: versus giving TY a good deal because they use a

877
00:41:07,560 --> 00:41:09,840
Speaker 2: tremendous amount of power. That's just business at the end

878
00:41:09,840 --> 00:41:11,960
Speaker 2: of the day. So technically, yes, it has an effective course.

879
00:41:12,000 --> 00:41:14,160
Speaker 2: It does, but don't you want t Y here employing

880
00:41:14,200 --> 00:41:16,920
Speaker 2: people doing the aluminium adding to the economy. What we

881
00:41:17,000 --> 00:41:19,160
Speaker 2: actually want to do is, oh, I don't know, produce

882
00:41:19,320 --> 00:41:22,799
Speaker 2: enough power so the country works. Seven twenty one.

883
00:41:24,560 --> 00:41:29,320
Speaker 1: The Mic Asking Breakfast Full Show podcast on iHeartRadio Power

884
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886
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890
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895
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898
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Speaker 2: out more about stylink for business two degrees dot co

899
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Speaker 2: dot nz Ford slash business. You got that two degrees

900
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Speaker 2: dot enz Forward slash Business Pascal now its seventh gwenty four.

901
00:42:20,640 --> 00:42:22,560
Speaker 2: You may have noticed in the past few weeks an

902
00:42:22,600 --> 00:42:24,600
Speaker 2: increasing amount of coverage has been given to people who

903
00:42:24,640 --> 00:42:27,960
Speaker 2: provide services to children as part of work there contract

904
00:42:28,000 --> 00:42:31,080
Speaker 2: to do for Tomareiki. I think there's a story floating

905
00:42:31,120 --> 00:42:33,439
Speaker 2: run on our news service today. As an observer, I've

906
00:42:33,520 --> 00:42:36,000
Speaker 2: noted that generally TV one and Radio New Zealand seem

907
00:42:36,000 --> 00:42:38,400
Speaker 2: to be particularly interested in the subject. The formula for

908
00:42:38,440 --> 00:42:41,200
Speaker 2: coverage is an age old one, and all media outlets

909
00:42:41,239 --> 00:42:44,120
Speaker 2: fall forward. Whoever has a problem fars out of press

910
00:42:44,160 --> 00:42:46,600
Speaker 2: release or cause a friendly journalist and lays out their complaint.

911
00:42:47,040 --> 00:42:49,400
Speaker 2: In this instance, the fear was that orring a tomaiki

912
00:42:49,600 --> 00:42:51,840
Speaker 2: were conducting a funding review, and there appeared to be

913
00:42:51,920 --> 00:42:54,120
Speaker 2: a belief. Correctly, as it turns out that money was

914
00:42:54,160 --> 00:42:56,200
Speaker 2: going to be stopped or withheld or withdrawn. Now the

915
00:42:56,280 --> 00:42:59,000
Speaker 2: sort of story plays well in the media. It's sort

916
00:42:59,040 --> 00:43:01,640
Speaker 2: of the it's the plug key little operator who's battled

917
00:43:01,640 --> 00:43:04,280
Speaker 2: away for years in the community providing a vital service

918
00:43:04,520 --> 00:43:06,759
Speaker 2: that should be well. Should it be stopped now would

919
00:43:06,800 --> 00:43:09,480
Speaker 2: lead to Lord knows what sort of drama. That drama

920
00:43:10,040 --> 00:43:12,560
Speaker 2: was expressed on Tuesday Night's News in the most graphic

921
00:43:12,600 --> 00:43:17,680
Speaker 2: of ways from one operator who said, quote, kids will die. Now,

922
00:43:17,719 --> 00:43:20,560
Speaker 2: this is easy news. It's lazy journalism. Of course, finding

923
00:43:20,640 --> 00:43:23,200
Speaker 2: upset people who don't like their money being cart or stopped.

924
00:43:23,320 --> 00:43:25,920
Speaker 2: It's not hard, especially when they've called you. The other

925
00:43:26,000 --> 00:43:29,120
Speaker 2: side of the story is now being told by orangutamiki

926
00:43:29,200 --> 00:43:31,399
Speaker 2: who have laid there some of the wastage that we're

927
00:43:31,440 --> 00:43:35,160
Speaker 2: talking about quite apart from anything. We're talking about half

928
00:43:35,480 --> 00:43:39,799
Speaker 2: a billion dollars going to over five hundred providers. That's well,

929
00:43:39,840 --> 00:43:43,200
Speaker 2: it's an industry. It's a million dollars on average provider,

930
00:43:43,520 --> 00:43:48,560
Speaker 2: five hundred times plus over. Anyway, they've saved so far

931
00:43:48,800 --> 00:43:51,600
Speaker 2: one hundred and thirty odd million dollars because some of

932
00:43:51,680 --> 00:43:54,880
Speaker 2: them are underlivering. Some of them had money sitting in

933
00:43:54,960 --> 00:43:57,800
Speaker 2: bank accounts doing nothing. This is the other side of

934
00:43:57,840 --> 00:43:59,719
Speaker 2: the story. I've not heard until yesterday. Where's the other

935
00:43:59,719 --> 00:44:00,640
Speaker 2: side of the story been?

936
00:44:00,719 --> 00:44:00,839
Speaker 7: Eh.

937
00:44:01,280 --> 00:44:04,120
Speaker 2: So far, they've not only saved on spending going forward,

938
00:44:04,280 --> 00:44:06,600
Speaker 2: they've clawed back twenty two million dollars and expect that

939
00:44:06,680 --> 00:44:08,440
Speaker 2: to go higher as they crack down on things that

940
00:44:08,480 --> 00:44:10,520
Speaker 2: weren't done now. This is not to say there aren't

941
00:44:10,520 --> 00:44:12,080
Speaker 2: those who work hard and do well, of course not.

942
00:44:12,200 --> 00:44:15,160
Speaker 2: But it's the old economic lesson when it comes to

943
00:44:15,239 --> 00:44:18,200
Speaker 2: hands out for free money, there is literally no limit

944
00:44:18,520 --> 00:44:21,000
Speaker 2: if you don't say no, and there is no end

945
00:44:21,200 --> 00:44:24,279
Speaker 2: to a sad story for a journal when reality not

946
00:44:24,400 --> 00:44:28,480
Speaker 2: A check comes calling asking I just clarify. If the

947
00:44:28,719 --> 00:44:31,719
Speaker 2: power situational factory is closing, is it because we don't

948
00:44:31,719 --> 00:44:34,080
Speaker 2: have enough supply, or because what supply we have is

949
00:44:34,120 --> 00:44:36,759
Speaker 2: too expensive, or is it just over priced? Please don't

950
00:44:36,760 --> 00:44:39,440
Speaker 2: tell me all three or I'm on a plane. Well,

951
00:44:39,480 --> 00:44:41,080
Speaker 2: I'm going to tell you the answer after the news.

952
00:44:41,160 --> 00:44:45,360
Speaker 2: It's not as complicated as you think. Fortunately, what is complicated,

953
00:44:45,400 --> 00:44:47,000
Speaker 2: because I haven't got to the bottom of this yet,

954
00:44:47,160 --> 00:44:50,800
Speaker 2: is Mark Mitchell, who's denied Ginny Anderson access to a

955
00:44:50,840 --> 00:44:55,239
Speaker 2: police station. Now, Mark has previously been on this very

956
00:44:55,320 --> 00:44:59,440
Speaker 2: program as opposition spokesperson, going Poto. It's not fair I

957
00:44:59,520 --> 00:45:01,879
Speaker 2: couldn't go to a policer. So is this pot kettle?

958
00:45:01,920 --> 00:45:03,880
Speaker 2: What are we dealing with here? Mirk Mitchell will explain

959
00:45:04,040 --> 00:45:06,839
Speaker 2: more than just a couple of moments after the news,

960
00:45:06,880 --> 00:45:08,279
Speaker 2: which is next to the reviews, Talk To.

961
00:45:13,200 --> 00:45:17,000
Speaker 1: The Breakfast Show You Can Trust, the Mic Hosking Breakfast

962
00:45:17,320 --> 00:45:21,240
Speaker 1: with a Vita, Retirement Communities, Life Your Way News.

963
00:45:21,040 --> 00:45:24,160
Speaker 2: Togs Head be is Ran, our favorite military strategist is

964
00:45:24,200 --> 00:45:25,960
Speaker 2: back on the program after eight o'clock, so I look

965
00:45:26,000 --> 00:45:27,880
Speaker 2: forward to catching up with him. Will cover off Garza,

966
00:45:27,920 --> 00:45:30,120
Speaker 2: cover off Ukraine and caver off China in this particular

967
00:45:30,160 --> 00:45:33,279
Speaker 2: part of the world. Meantime, twenty three minutes away from

968
00:45:33,320 --> 00:45:35,480
Speaker 2: eight Ah, good old politics.

969
00:45:35,040 --> 00:45:39,240
Speaker 8: Wednesday, just make a comment in the house. My comment

970
00:45:39,360 --> 00:45:41,960
Speaker 8: was us you were not across your bridge. That was

971
00:45:42,040 --> 00:45:43,520
Speaker 8: my comment in the House yesterday.

972
00:45:44,080 --> 00:45:46,160
Speaker 7: So you could have any.

973
00:45:48,440 --> 00:45:50,680
Speaker 2: Like a little bit of back and forth. Then later

974
00:45:50,760 --> 00:45:52,839
Speaker 2: on the afternoon, Mark Mitchell was accused of barring Ginny

975
00:45:52,880 --> 00:45:55,840
Speaker 2: Anderson from visiting the Albany police station. Mitchell says he

976
00:45:55,880 --> 00:45:58,080
Speaker 2: count support a generic request to visit a station with

977
00:45:58,160 --> 00:46:01,040
Speaker 2: no context in a week's notice. Anderson claims the Police

978
00:46:01,080 --> 00:46:03,239
Speaker 2: Minister are scared of what she might find out. The

979
00:46:03,360 --> 00:46:07,919
Speaker 2: Police Minister Marke Mitchell's with us very good morning. Are

980
00:46:07,960 --> 00:46:09,440
Speaker 2: you a monumental hypocrite?

981
00:46:10,960 --> 00:46:14,239
Speaker 8: No, not at all, not at all. If it's nice

982
00:46:14,280 --> 00:46:18,960
Speaker 8: that the eight months in the opposition police spokesmen spokesperson

983
00:46:19,000 --> 00:46:21,160
Speaker 8: has showing interested visits, and of course I'm going to

984
00:46:21,200 --> 00:46:23,719
Speaker 8: support and facilitate those where i can. There is a

985
00:46:23,800 --> 00:46:27,000
Speaker 8: reason why you have to request to be able to

986
00:46:27,080 --> 00:46:31,160
Speaker 8: visit the police stations, because they are operational, they've got workloads,

987
00:46:31,600 --> 00:46:34,880
Speaker 8: they've got appointments, they've got offenders and victims in police stations.

988
00:46:34,920 --> 00:46:38,160
Speaker 8: It's not a library. And when a request comes through,

989
00:46:38,360 --> 00:46:41,480
Speaker 8: specify who you actually want to meet with. So that

990
00:46:41,800 --> 00:46:43,759
Speaker 8: we can actually check and make sure that person is

991
00:46:43,800 --> 00:46:46,560
Speaker 8: available and not tied up doing police.

992
00:46:46,280 --> 00:46:48,640
Speaker 2: With Okay, so if she comes at what's the timeframe,

993
00:46:48,719 --> 00:46:49,800
Speaker 2: by the way, that's acceptable.

994
00:46:50,080 --> 00:46:52,920
Speaker 8: If a week isn't, well, give us give us much

995
00:46:53,000 --> 00:46:54,880
Speaker 8: notice as you can. I mean, I'm the police Minister

996
00:46:55,160 --> 00:46:57,920
Speaker 8: and I give as much notice as I can when

997
00:46:57,960 --> 00:46:59,200
Speaker 8: I'm visiting police stations.

998
00:46:59,200 --> 00:46:59,920
Speaker 7: And by the way, I.

999
00:47:00,080 --> 00:47:01,920
Speaker 8: Try to keep them as locally as possible, because the

1000
00:47:02,000 --> 00:47:04,960
Speaker 8: last thing our hard working frontline police officers need is

1001
00:47:05,000 --> 00:47:08,399
Speaker 8: politicians rolling in. Now on saying that now, I'm saying

1002
00:47:08,440 --> 00:47:12,720
Speaker 8: that I encourage locally MP's to have very strong, trusted

1003
00:47:12,760 --> 00:47:16,799
Speaker 8: working relationships with area and district commanders because our area

1004
00:47:16,800 --> 00:47:19,279
Speaker 8: and district commanders are leaders in their communities, as are

1005
00:47:19,360 --> 00:47:22,920
Speaker 8: our electric MPs, and that does happen. There is regular

1006
00:47:23,000 --> 00:47:27,160
Speaker 8: quarterly meetings that happen and bringing peace together. Look, and

1007
00:47:27,239 --> 00:47:28,680
Speaker 8: the other thing I want to say, Mike, is that

1008
00:47:29,800 --> 00:47:34,680
Speaker 8: I support all of our opposition spokespeople. In my emergency

1009
00:47:34,760 --> 00:47:40,120
Speaker 8: management portfolio. I make my officials available. I've provided briefings

1010
00:47:40,160 --> 00:47:45,799
Speaker 8: to labor and Green spokespeople. Isisen Waira for the local

1011
00:47:45,840 --> 00:47:49,320
Speaker 8: state of emergency. I bought the Labor MP Kushler that

1012
00:47:49,520 --> 00:47:52,640
Speaker 8: throw rafter the MP into my briefings and included her

1013
00:47:53,120 --> 00:47:55,120
Speaker 8: so that she was across and knew what was happening.

1014
00:47:55,480 --> 00:47:58,080
Speaker 8: I've got a public safety meeting in Auckland tomorrow morning,

1015
00:47:58,160 --> 00:48:00,520
Speaker 8: my second one. I invite Chloe Swarbrick belong to that

1016
00:48:00,840 --> 00:48:03,600
Speaker 8: as the local MP, and she attends and comes. I

1017
00:48:03,719 --> 00:48:07,359
Speaker 8: was in Phil Twyford's electorate office last week helping him

1018
00:48:07,400 --> 00:48:10,839
Speaker 8: with a constituent matter. I work across party because at

1019
00:48:10,840 --> 00:48:13,080
Speaker 8: the end of the day, people, when they're stressed and

1020
00:48:13,120 --> 00:48:15,759
Speaker 8: they need help, do not care about politics. But if

1021
00:48:15,800 --> 00:48:19,360
Speaker 8: the opposition, if the opposition ploy police spokesperson, wants access

1022
00:48:19,760 --> 00:48:22,839
Speaker 8: to police stations, please give us some notice, Please give

1023
00:48:22,920 --> 00:48:24,920
Speaker 8: us some speciifty around who they want to meet with.

1024
00:48:25,440 --> 00:48:27,400
Speaker 8: And by the way, the best person to meet with

1025
00:48:27,520 --> 00:48:29,920
Speaker 8: and get information from is the police commissioner.

1026
00:48:30,120 --> 00:48:33,040
Speaker 2: Okay, Having said all that, what's the time frame? Because

1027
00:48:33,040 --> 00:48:35,399
Speaker 2: you didn't answer that question. If a week isn't good enough,

1028
00:48:35,719 --> 00:48:36,560
Speaker 2: what is good enough?

1029
00:48:37,440 --> 00:48:39,800
Speaker 8: No, I said, look as much notice as possible.

1030
00:48:41,160 --> 00:48:42,680
Speaker 2: What if she goes two weeks notice and you go,

1031
00:48:42,800 --> 00:48:44,400
Speaker 2: that's not good enough. I don't want to keep getting

1032
00:48:44,520 --> 00:48:44,880
Speaker 2: back on the.

1033
00:48:44,880 --> 00:48:48,200
Speaker 8: Program here's police minister. I'll do two or three weeks

1034
00:48:48,200 --> 00:48:50,040
Speaker 8: for a month out. But look, if she wants to

1035
00:48:50,080 --> 00:48:54,240
Speaker 8: make an application for a week, it's fine. I'll support

1036
00:48:54,280 --> 00:48:56,360
Speaker 8: her as much as I can with that. It is

1037
00:48:56,440 --> 00:48:59,480
Speaker 8: important for our demopracy. However, please specify who you want

1038
00:48:59,520 --> 00:49:01,320
Speaker 8: to meet with. Rocking up to a police station with

1039
00:49:01,400 --> 00:49:04,080
Speaker 8: another MP and walking in and wandering around and trying

1040
00:49:04,120 --> 00:49:05,760
Speaker 8: to find and talk to commission officers.

1041
00:49:05,800 --> 00:49:06,520
Speaker 7: That is not a goer.

1042
00:49:06,560 --> 00:49:09,000
Speaker 8: That's not a library. It's an operation for the police station.

1043
00:49:09,160 --> 00:49:11,160
Speaker 2: All the examples you gave and your offers gave me

1044
00:49:11,200 --> 00:49:13,879
Speaker 2: the same examples. They're all under the auspices of your

1045
00:49:14,120 --> 00:49:17,360
Speaker 2: emergency management portfolio. There doesn't seem to be anything cooperative

1046
00:49:17,400 --> 00:49:19,759
Speaker 2: under your police portfolio. Are you but sensitive about that?

1047
00:49:20,760 --> 00:49:23,560
Speaker 8: Now, Chloe Swarbrick, that's that is public safety, that's the

1048
00:49:23,600 --> 00:49:27,200
Speaker 8: Auckland CBD, that's getting that's that's working on making our

1049
00:49:27,280 --> 00:49:29,440
Speaker 8: CBD safer. And you've seen that there's been a lot

1050
00:49:29,440 --> 00:49:31,759
Speaker 8: of resource put into that. And I'm close and bring

1051
00:49:31,880 --> 00:49:33,480
Speaker 8: Chloe into that because she's the local EMP.

1052
00:49:33,840 --> 00:49:36,400
Speaker 2: Okay, so let me just play with this and you

1053
00:49:36,440 --> 00:49:37,880
Speaker 2: will clear this up once and for all. This is

1054
00:49:37,960 --> 00:49:38,960
Speaker 2: March twenty twenty two.

1055
00:49:39,040 --> 00:49:39,400
Speaker 3: This is you.

1056
00:49:39,640 --> 00:49:44,080
Speaker 8: I checked with two other police past police listeners. They

1057
00:49:44,160 --> 00:49:47,160
Speaker 8: said they never got any requests from the opposition spokesperson.

1058
00:49:47,760 --> 00:49:50,960
Speaker 8: You know, she's been petulant and vindictive and making it personal.

1059
00:49:51,239 --> 00:49:53,040
Speaker 8: That's third world stuff that she might as well go

1060
00:49:53,120 --> 00:49:54,719
Speaker 8: and join the cabinet Somalia.

1061
00:49:55,080 --> 00:49:57,800
Speaker 2: So that's Poto Williams. Of course you're referring to. So

1062
00:49:58,000 --> 00:50:00,520
Speaker 2: this you argue black and Blue is and you're a

1063
00:50:00,560 --> 00:50:00,960
Speaker 2: good guy.

1064
00:50:01,239 --> 00:50:03,719
Speaker 8: Well, and what I was talking about, that is where

1065
00:50:03,719 --> 00:50:05,520
Speaker 8: I was talking about. That is a request to meet

1066
00:50:05,560 --> 00:50:08,000
Speaker 8: with the police commissioner. I was blocked from meeting with

1067
00:50:08,120 --> 00:50:10,680
Speaker 8: the police commissioner. If Ginny Anderson had sent for a

1068
00:50:10,719 --> 00:50:13,399
Speaker 8: request yesterday to meet with the police commissioner, it would

1069
00:50:13,400 --> 00:50:16,360
Speaker 8: have been approved and sent back within thirty seconds.

1070
00:50:16,920 --> 00:50:17,560
Speaker 3: She didn't do that.

1071
00:50:18,040 --> 00:50:20,279
Speaker 8: She requests to get her an operational police station with

1072
00:50:20,360 --> 00:50:23,560
Speaker 8: another list MP and can specify who she was going

1073
00:50:23,640 --> 00:50:25,360
Speaker 8: to meet with. And if she keeps sending requests like

1074
00:50:25,480 --> 00:50:29,480
Speaker 8: that and they're going to be declined, please she is

1075
00:50:29,560 --> 00:50:31,560
Speaker 8: welcome to go to a police station. She is welcome

1076
00:50:31,560 --> 00:50:33,920
Speaker 8: to go and speak to someone. Please identify who she

1077
00:50:34,000 --> 00:50:36,600
Speaker 8: wants to speak to. Is that the crime control manager

1078
00:50:36,760 --> 00:50:39,000
Speaker 8: is that, the area commander, is that, the district commander

1079
00:50:39,120 --> 00:50:42,440
Speaker 8: is that the inspector in charge for HR Exactly is it?

1080
00:50:42,520 --> 00:50:44,600
Speaker 8: Because just rocking up to the police station and saying

1081
00:50:44,880 --> 00:50:46,160
Speaker 8: I want to walk in there and just talk to

1082
00:50:46,160 --> 00:50:49,520
Speaker 8: commissioned officers is probably going to continue to get the

1083
00:50:49,560 --> 00:50:51,640
Speaker 8: same response if she comes back to when she says

1084
00:50:52,000 --> 00:50:54,080
Speaker 8: I want it gives us some much notice as possible.

1085
00:50:54,080 --> 00:50:56,160
Speaker 8: I'd like to visit this police station. This is who

1086
00:50:56,160 --> 00:50:58,320
Speaker 8: I'd like to visit. And by the way, it should

1087
00:50:58,360 --> 00:51:02,680
Speaker 8: be a commissioned police officer, because our front line police

1088
00:51:02,680 --> 00:51:04,719
Speaker 8: officers don't want to get tied up in politics or

1089
00:51:04,800 --> 00:51:07,520
Speaker 8: necessarily talking to politicians. Then I will approve that no

1090
00:51:07,600 --> 00:51:09,359
Speaker 8: problem at all. But the example that you just gave

1091
00:51:09,440 --> 00:51:13,160
Speaker 8: there was Ploto Williams blocking me is the police spokesperson

1092
00:51:13,600 --> 00:51:16,879
Speaker 8: to speak to the commissioner. And by the way, I've

1093
00:51:16,880 --> 00:51:18,759
Speaker 8: had several quests. He had timoth and Paul come up

1094
00:51:18,760 --> 00:51:20,600
Speaker 8: to me the other day in Parliament say Hey, is

1095
00:51:20,640 --> 00:51:23,320
Speaker 8: there any chance i'd get access to questions and police.

1096
00:51:23,320 --> 00:51:25,279
Speaker 8: I said, of course, I said, put a request, so

1097
00:51:25,480 --> 00:51:26,279
Speaker 8: let me know what you need.

1098
00:51:26,560 --> 00:51:27,319
Speaker 7: And we'll make it happen.

1099
00:51:27,440 --> 00:51:29,560
Speaker 2: All right and see we'll see you next Wednesday. Appreciate

1100
00:51:29,560 --> 00:51:32,200
Speaker 2: it very much. Marke Mitchell, Police minister. So clear it up.

1101
00:51:32,200 --> 00:51:34,000
Speaker 2: I think it does, doesn't do it? Agree anyway? Seventeen

1102
00:51:34,000 --> 00:51:37,240
Speaker 2: minutes away from it. Just to clarify the power situational

1103
00:51:37,280 --> 00:51:39,800
Speaker 2: factories closing because we don't have enough supply. No, we

1104
00:51:39,840 --> 00:51:42,560
Speaker 2: don't have enough supply, that is correct. Or because what

1105
00:51:42,719 --> 00:51:45,360
Speaker 2: supply we have is too expensive, that too is correct.

1106
00:51:45,680 --> 00:51:48,200
Speaker 2: Or is it just overpriced? Well that's the debatable part.

1107
00:51:48,280 --> 00:51:50,040
Speaker 2: Please don't tell me it's all three or I'm on

1108
00:51:50,080 --> 00:51:52,360
Speaker 2: a plane. Unfortunately you're on a plane, because it is

1109
00:51:52,440 --> 00:51:55,880
Speaker 2: all three. We don't have enough because we rely on

1110
00:51:56,000 --> 00:51:58,680
Speaker 2: hydro too much and that requires it to rain. It

1111
00:51:58,760 --> 00:52:00,880
Speaker 2: hasn't rained down south it's been a dry winter. Or

1112
00:52:00,960 --> 00:52:02,920
Speaker 2: it is a dry winter and it's been a dry summer.

1113
00:52:03,760 --> 00:52:06,600
Speaker 2: Or because what supply we have is too expensive. Yes,

1114
00:52:07,360 --> 00:52:10,000
Speaker 2: why is that? Because we run what's called a spot price,

1115
00:52:10,320 --> 00:52:11,960
Speaker 2: So in other words, we only make what we make

1116
00:52:12,440 --> 00:52:14,360
Speaker 2: and the demand for it doesn't go away, but the

1117
00:52:14,440 --> 00:52:17,279
Speaker 2: supply does. So it's the classic supply demand situation. More

1118
00:52:17,320 --> 00:52:19,680
Speaker 2: demand than the rest supply, so the price on the day,

1119
00:52:19,800 --> 00:52:23,160
Speaker 2: the spot price goes up and for some people they

1120
00:52:23,200 --> 00:52:25,719
Speaker 2: simply can't afford it, or is it just overpriced. Well,

1121
00:52:25,800 --> 00:52:27,759
Speaker 2: some would argue it is overprice based on the fact

1122
00:52:27,800 --> 00:52:29,360
Speaker 2: that we don't produce enough, based on the fact that

1123
00:52:29,360 --> 00:52:32,800
Speaker 2: the spot price has gone up. So sorry to disappoint you,

1124
00:52:32,960 --> 00:52:35,719
Speaker 2: but basically, the system doesn't work is what boils down to,

1125
00:52:35,800 --> 00:52:37,600
Speaker 2: and when factories are closing and people are laid off

1126
00:52:37,640 --> 00:52:41,040
Speaker 2: because they can't afford the power bill, the system doesn't work.

1127
00:52:41,400 --> 00:52:46,040
Speaker 1: Sixteen to two The Mic asking Breakfast Full Show podcast

1128
00:52:46,239 --> 00:52:48,560
Speaker 1: on iHeartRadio powered by News.

1129
00:52:48,440 --> 00:52:50,440
Speaker 2: Talks it be It's in a way from it.

1130
00:52:50,760 --> 00:52:50,960
Speaker 9: Mic.

1131
00:52:51,000 --> 00:52:53,640
Speaker 2: After thirty five years as a professional trader, having worked

1132
00:52:53,640 --> 00:52:56,360
Speaker 2: at investment banks in London, New York, Tokyo and Singapore,

1133
00:52:56,840 --> 00:52:59,120
Speaker 2: I don't think I've ever seen such a transparent Central bank.

1134
00:53:00,280 --> 00:53:02,359
Speaker 2: Z said that interest rates would go to five point

1135
00:53:02,440 --> 00:53:05,319
Speaker 2: five percent. They did. They said unemployment would likely reach

1136
00:53:05,400 --> 00:53:08,160
Speaker 2: five point five It probably will, and their inflation target

1137
00:53:08,200 --> 00:53:10,799
Speaker 2: has been clearly broadcast. It's the media and poorer economists

1138
00:53:10,840 --> 00:53:13,320
Speaker 2: whining and finger pointing that have muddy the waters and

1139
00:53:13,360 --> 00:53:16,680
Speaker 2: confused what is a pretty clear developing situation. I think

1140
00:53:16,680 --> 00:53:18,720
Speaker 2: that's probably what brad Olsen was trying to explain earlier

1141
00:53:18,760 --> 00:53:20,800
Speaker 2: on Wasn't It. What he's saying is that as it

1142
00:53:20,880 --> 00:53:24,439
Speaker 2: currently stands, everything is going according to the Reserve Bank,

1143
00:53:24,840 --> 00:53:26,680
Speaker 2: and it's what we've said on this program a number

1144
00:53:26,680 --> 00:53:29,320
Speaker 2: of times before. Everything's going according to the plan for

1145
00:53:29,400 --> 00:53:32,160
Speaker 2: the Reserve Bank. What we're seeing at the moment is

1146
00:53:32,400 --> 00:53:36,600
Speaker 2: a realization for individuals and their stories and circumstances and

1147
00:53:36,640 --> 00:53:40,360
Speaker 2: situations where they're screaming and going, wait, surely this is

1148
00:53:40,440 --> 00:53:42,640
Speaker 2: bad enough, and the banks are going, wait a minute,

1149
00:53:42,680 --> 00:53:44,440
Speaker 2: we're not lending enough money in the housing market at

1150
00:53:44,440 --> 00:53:46,200
Speaker 2: the moment. Surely this is bad enough. And we're seeing

1151
00:53:46,200 --> 00:53:48,680
Speaker 2: the unemployment rate. Oh, surely this is bad enough. So

1152
00:53:48,800 --> 00:53:51,040
Speaker 2: you've got the interface and it's happening all over the world,

1153
00:53:51,360 --> 00:53:54,399
Speaker 2: and you're right. I think where your argument will fall

1154
00:53:54,480 --> 00:53:58,719
Speaker 2: apart is that I believe now that Adrianall will go

1155
00:53:59,120 --> 00:54:02,760
Speaker 2: in probably Ofctober, and if not October, certainly November, because

1156
00:54:02,800 --> 00:54:06,040
Speaker 2: Brad also made the very good point, and he's right.

1157
00:54:06,160 --> 00:54:08,680
Speaker 2: If they don't go in November, they can't go to February.

1158
00:54:09,120 --> 00:54:11,560
Speaker 2: They don't have a meeting until February, so you're going

1159
00:54:11,600 --> 00:54:14,480
Speaker 2: all away from October November through to February before you

1160
00:54:14,520 --> 00:54:18,120
Speaker 2: can address the situation. And I would argue personally that

1161
00:54:18,239 --> 00:54:20,759
Speaker 2: it's probably got to a point where the Reserve Bank

1162
00:54:20,840 --> 00:54:24,160
Speaker 2: can now go tell you what we did think next year,

1163
00:54:25,480 --> 00:54:28,160
Speaker 2: but we're wrong. Counter to that is what I tried

1164
00:54:28,200 --> 00:54:30,560
Speaker 2: to explain yesterday is you've got to take into account

1165
00:54:30,560 --> 00:54:33,160
Speaker 2: Adrian Or's ego and he's not a man for backing down,

1166
00:54:33,239 --> 00:54:35,480
Speaker 2: and he's certainly not a man to publicly state with

1167
00:54:35,600 --> 00:54:38,239
Speaker 2: clarity that he was wrong and he misread it. And

1168
00:54:38,320 --> 00:54:40,919
Speaker 2: that's where Brad comes in. I think Brad's read Adrian well.

1169
00:54:41,200 --> 00:54:44,040
Speaker 2: Hence they'd not changed their forecast until what basically the

1170
00:54:44,200 --> 00:54:47,359
Speaker 2: RB's saying still and unless they change, Brad's not changing.

1171
00:54:47,440 --> 00:54:50,000
Speaker 2: That's probably the wise argument, and that's your argument as well.

1172
00:54:50,440 --> 00:54:53,239
Speaker 2: So it's all fascinating, but the problem with it is

1173
00:54:53,320 --> 00:54:54,920
Speaker 2: it affects each and every one of us, each and

1174
00:54:55,000 --> 00:54:58,280
Speaker 2: every day between now and it's only August until October November,

1175
00:54:58,320 --> 00:55:00,560
Speaker 2: and if we're wrong in October November, we're waiting till

1176
00:55:00,600 --> 00:55:02,320
Speaker 2: February or March next year, and that's a lot of

1177
00:55:02,360 --> 00:55:04,520
Speaker 2: pain in the ensuing period. And if you listen to

1178
00:55:04,600 --> 00:55:07,200
Speaker 2: what Westpac said the other day, Q twos and negative territory,

1179
00:55:07,600 --> 00:55:10,399
Speaker 2: Q three's and negative territory. So we're into another which

1180
00:55:10,520 --> 00:55:14,279
Speaker 2: by my account would make it the third recession we've

1181
00:55:14,360 --> 00:55:17,520
Speaker 2: had post COVID. So once again you asked the question,

1182
00:55:17,800 --> 00:55:19,799
Speaker 2: how bad does it have to get? Tend to wait

1183
00:55:20,880 --> 00:55:21,400
Speaker 2: the mic.

1184
00:55:21,320 --> 00:55:25,160
Speaker 1: Hosking brakfast with Alveda Retirement Communities.

1185
00:55:25,640 --> 00:55:27,640
Speaker 2: Given away from a new report that is found as

1186
00:55:27,719 --> 00:55:31,160
Speaker 2: virtually impossible apparently for beneficiary families to eat healthy food.

1187
00:55:31,320 --> 00:55:33,600
Speaker 2: It's the inflation argument of course over the past six years.

1188
00:55:33,640 --> 00:55:36,160
Speaker 2: The question is what to do of anything at Professor

1189
00:55:36,200 --> 00:55:39,080
Speaker 2: of Nutrition, Child Poverty Action Group spokesperson A Lane Rush

1190
00:55:39,320 --> 00:55:42,400
Speaker 2: is with us. Elaine, very good morning to you, Good morning,

1191
00:55:42,640 --> 00:55:45,279
Speaker 2: very good news is that this report correct me if

1192
00:55:45,280 --> 00:55:47,160
Speaker 2: I'm wrong as retrospective and the cost of food is

1193
00:55:47,200 --> 00:55:47,839
Speaker 2: now coming down.

1194
00:55:49,360 --> 00:55:52,440
Speaker 18: It's not coming down, it's just rising more slowly.

1195
00:55:53,120 --> 00:55:55,600
Speaker 2: Well, the last figure was actually down.

1196
00:55:57,960 --> 00:56:01,560
Speaker 18: Yes, but the amount down is very small on some

1197
00:56:02,200 --> 00:56:04,759
Speaker 18: foods and it depends what you're looking at at the

1198
00:56:04,800 --> 00:56:06,120
Speaker 18: food basket as it were.

1199
00:56:06,239 --> 00:56:06,839
Speaker 2: Yeah, that's true.

1200
00:56:06,880 --> 00:56:10,040
Speaker 18: To re selected from these stats New Zealand food Basket

1201
00:56:10,520 --> 00:56:15,920
Speaker 18: the healthier foods that were at budget prices and examined

1202
00:56:16,840 --> 00:56:18,319
Speaker 18: how they had changed.

1203
00:56:18,040 --> 00:56:18,680
Speaker 19: Over the years.

1204
00:56:18,960 --> 00:56:21,920
Speaker 2: But I'm wondering if, because your report is retrospectable over

1205
00:56:21,960 --> 00:56:24,640
Speaker 2: the last six years, you're missing the boats lightly. Tomatoes, cheese,

1206
00:56:24,680 --> 00:56:29,200
Speaker 2: and potatoes are down sixteen percent. Fruit and vegetables generally, meat, poultry,

1207
00:56:29,239 --> 00:56:31,160
Speaker 2: and fish are falling sixteen point one percent.

1208
00:56:32,719 --> 00:56:35,520
Speaker 18: Well, I don't think we're the one missing the boat.

1209
00:56:35,640 --> 00:56:38,240
Speaker 18: There's a lot of children missing the boat at the moment.

1210
00:56:38,400 --> 00:56:42,759
Speaker 18: And the pressure on food banks and other places is

1211
00:56:42,880 --> 00:56:47,319
Speaker 18: increasing greatly. And it's not just the poor, as you say,

1212
00:56:47,520 --> 00:56:51,880
Speaker 18: it's middle class too. Because of the increasing unemployment. More

1213
00:56:51,960 --> 00:56:54,480
Speaker 18: and more people are finding it harder to make ends

1214
00:56:54,600 --> 00:56:57,440
Speaker 18: meat because it's not just food that is part of

1215
00:56:57,560 --> 00:57:03,280
Speaker 18: the cost, it's imidation and electricity and all those other things.

1216
00:57:05,120 --> 00:57:06,320
Speaker 2: True. What do we do about it?

1217
00:57:06,400 --> 00:57:06,560
Speaker 3: Though?

1218
00:57:08,400 --> 00:57:10,840
Speaker 18: I think in New Zealand we need to have a

1219
00:57:10,960 --> 00:57:16,640
Speaker 18: cohesive food strategy, not just driven by politicians, but driven

1220
00:57:16,960 --> 00:57:21,600
Speaker 18: by business people and everyone involved in the food industry,

1221
00:57:21,640 --> 00:57:24,280
Speaker 18: which basically is everyone in New Zealand. We need to

1222
00:57:24,360 --> 00:57:28,520
Speaker 18: have sim system we actually prioritize feeding New Zealand as

1223
00:57:28,560 --> 00:57:34,240
Speaker 18: well first before sending the food overseas, and think very

1224
00:57:34,320 --> 00:57:38,000
Speaker 18: carefully about foods that we're importing in such huge quantities

1225
00:57:38,560 --> 00:57:42,600
Speaker 18: because they're actually failing to promote health in New Zealand.

1226
00:57:43,480 --> 00:57:45,960
Speaker 2: So but we make a living as a country from

1227
00:57:46,120 --> 00:57:48,360
Speaker 2: selling things like food to the world. That's what we

1228
00:57:48,480 --> 00:57:49,360
Speaker 2: do as a country.

1229
00:57:51,000 --> 00:57:54,520
Speaker 18: Yes, but our living isn't. Conditions aren't that good in

1230
00:57:54,640 --> 00:57:58,000
Speaker 18: New Zealand at the moment, and particularly with impacts on

1231
00:57:58,200 --> 00:58:06,320
Speaker 18: global supplies, most likely to get worse, particularly for food overseas.

1232
00:58:06,440 --> 00:58:10,600
Speaker 18: Food is getting more expensive and climate change is making

1233
00:58:10,680 --> 00:58:14,800
Speaker 18: a huge difference to where the food supplies go. For instance,

1234
00:58:14,920 --> 00:58:17,360
Speaker 18: into China. Now we're not exporting as much.

1235
00:58:17,680 --> 00:58:19,320
Speaker 2: No, that's because they don't have any money because they

1236
00:58:19,560 --> 00:58:21,960
Speaker 2: handled COVID poorly and they didn't open the borders in time,

1237
00:58:22,040 --> 00:58:24,400
Speaker 2: and they their economy is going backwards.

1238
00:58:26,160 --> 00:58:30,520
Speaker 18: Well, that's one reason that the whole thing is incredibly complex,

1239
00:58:30,600 --> 00:58:33,880
Speaker 18: and we've got to be very careful when systems are

1240
00:58:34,000 --> 00:58:37,080
Speaker 18: changed that the change doesn't impact on other things and

1241
00:58:37,160 --> 00:58:38,160
Speaker 18: actually make it worse.

1242
00:58:38,880 --> 00:58:42,040
Speaker 2: Aline appreciate your time. Eline Russia is the professor of

1243
00:58:42,200 --> 00:58:47,200
Speaker 2: nutrition at aut Where's JD and Carmel today? Are they

1244
00:58:47,280 --> 00:58:47,880
Speaker 2: out and about?

1245
00:58:50,480 --> 00:58:56,920
Speaker 19: I took on perpetrators of all kinds, predators who have

1246
00:58:57,080 --> 00:59:04,560
Speaker 19: used women fraudsters, who ripped off consumers, who scammers, who

1247
00:59:04,680 --> 00:59:09,880
Speaker 19: broke the rules for personal gain. So hear me when

1248
00:59:09,920 --> 00:59:10,520
Speaker 19: I say.

1249
00:59:12,680 --> 00:59:16,160
Speaker 17: I know Donald Trump's tape, she said she could.

1250
00:59:16,360 --> 00:59:17,800
Speaker 2: This is how many times are going to say this

1251
00:59:17,880 --> 00:59:19,600
Speaker 2: in the campaign. I mean, it's not that it's not affected,

1252
00:59:19,600 --> 00:59:21,680
Speaker 2: and they seem to love it, but jeez, I'm sure

1253
00:59:21,720 --> 00:59:26,880
Speaker 2: I heard this the other day. Mcran The Wars Gaza, Ukraine,

1254
00:59:27,240 --> 00:59:30,840
Speaker 2: China in the Pacific. More shortly, big.

1255
00:59:30,760 --> 00:59:36,040
Speaker 1: News, Bold opinions, the mic Hosking Breakfast with the range Rover,

1256
00:59:36,160 --> 00:59:39,360
Speaker 1: The law designed to intrigue and use togs ed B.

1257
00:59:42,640 --> 00:59:44,320
Speaker 2: It is seven past day. Time for cash up with

1258
00:59:44,440 --> 00:59:46,760
Speaker 2: one of the best military minds going. It's officially day

1259
00:59:46,840 --> 00:59:49,760
Speaker 2: eight hundred and ninety five of the Ukraine War. Just

1260
00:59:49,800 --> 00:59:51,760
Speaker 2: this week Zelensky, of course, has got the first of

1261
00:59:51,800 --> 00:59:54,720
Speaker 2: the F sixteens meantime Israel in the US on hire

1262
00:59:54,720 --> 00:59:57,760
Speaker 2: alert for some sort of retaliation from Iran. Mccryan's thirty

1263
00:59:57,800 --> 01:00:00,880
Speaker 2: five year Australian Army veteran turned just an author. He's

1264
01:00:00,880 --> 01:00:02,160
Speaker 2: got a new book out, by the Way, The War

1265
01:00:02,280 --> 01:00:05,720
Speaker 2: for Ukraine, Strategy and Adaptation under Fire. It's out next week.

1266
01:00:06,160 --> 01:00:07,680
Speaker 2: Mcryan's with us out of Australia.

1267
01:00:07,680 --> 01:00:09,560
Speaker 12: Good morning, it's good to be with you.

1268
01:00:09,920 --> 01:00:12,880
Speaker 2: Let's start with Ukraine. If sixteen's they've arrived, do you

1269
01:00:12,960 --> 01:00:13,920
Speaker 2: think they'll make a difference.

1270
01:00:15,360 --> 01:00:18,000
Speaker 12: They'll make a small difference, but they're not going to

1271
01:00:18,080 --> 01:00:22,919
Speaker 12: win the war for Ukraine. They are a technological step

1272
01:00:23,000 --> 01:00:26,880
Speaker 12: up from its current fleet of former Soviet aircraft, but

1273
01:00:27,080 --> 01:00:30,040
Speaker 12: they're in very small quantities at the moment, and it'll

1274
01:00:30,120 --> 01:00:32,840
Speaker 12: take some time to build up to ninety aircraft they've

1275
01:00:32,840 --> 01:00:33,440
Speaker 12: been promised.

1276
01:00:33,760 --> 01:00:35,200
Speaker 2: And of course they're lacking pilots.

1277
01:00:35,840 --> 01:00:39,600
Speaker 12: That's the key determinant, and how quickly they can be deployed.

1278
01:00:39,640 --> 01:00:42,760
Speaker 12: The planes will probably arrive quicker than the number of

1279
01:00:42,840 --> 01:00:46,400
Speaker 12: pilots they've got, and pilots are a problem because they've

1280
01:00:46,440 --> 01:00:49,120
Speaker 12: got combat missions to fly, they've got English to learn,

1281
01:00:49,760 --> 01:00:51,280
Speaker 12: and it takes a while to train them on the

1282
01:00:51,400 --> 01:00:53,439
Speaker 12: F sixteen, all of which slows things down.

1283
01:00:53,840 --> 01:00:56,360
Speaker 2: So I've been reading your quote in Quota the other day.

1284
01:00:56,480 --> 01:01:00,280
Speaker 2: Russia's more dangerous now in your view? What's changed, if

1285
01:01:00,320 --> 01:01:01,520
Speaker 2: you want to put it this way, Are they a

1286
01:01:01,600 --> 01:01:02,360
Speaker 2: better side now?

1287
01:01:02,800 --> 01:01:05,560
Speaker 12: They're certainly not the better side. They're the more brutal side,

1288
01:01:06,040 --> 01:01:08,240
Speaker 12: but they have learned over the last two and a

1289
01:01:08,280 --> 01:01:12,000
Speaker 12: half years from their battlefield experiences. The Russian army that

1290
01:01:12,120 --> 01:01:15,360
Speaker 12: exists to now exists now did not exist two and

1291
01:01:15,400 --> 01:01:19,520
Speaker 12: a half years ago, so they've improved their ability to fight.

1292
01:01:19,960 --> 01:01:24,560
Speaker 12: But more importantly, the Russian nation has improved its mobilization

1293
01:01:24,920 --> 01:01:28,520
Speaker 12: and industrial capacity to fight this war over the long term.

1294
01:01:29,040 --> 01:01:31,680
Speaker 2: So the capacity you talk of are the suggestion being

1295
01:01:31,760 --> 01:01:34,040
Speaker 2: they can simply grind this out. They will forever be

1296
01:01:34,120 --> 01:01:36,920
Speaker 2: able to make more stuff to explode than the Ukrainians.

1297
01:01:37,280 --> 01:01:37,840
Speaker 2: Is that fair?

1298
01:01:39,280 --> 01:01:41,400
Speaker 12: They will certainly be able to do it for a while,

1299
01:01:41,560 --> 01:01:44,800
Speaker 12: But as a wise person once said, no tree grows

1300
01:01:44,880 --> 01:01:48,680
Speaker 12: to the sky. No country can fight and take this

1301
01:01:48,920 --> 01:01:52,800
Speaker 12: many casualties forever. So even the Russians have a limit,

1302
01:01:53,000 --> 01:01:55,800
Speaker 12: and the whole aim of NATO's strategy needs to be

1303
01:01:56,600 --> 01:01:59,400
Speaker 12: to ensure we find that limit and beat them.

1304
01:02:00,000 --> 01:02:02,760
Speaker 2: That's your assessment of NATO's strategy and how it's changed

1305
01:02:02,800 --> 01:02:03,760
Speaker 2: in the last year or two.

1306
01:02:04,240 --> 01:02:06,360
Speaker 12: Well, I think they've improved over the last two and

1307
01:02:06,400 --> 01:02:11,440
Speaker 12: a half years. Certainly there's great unity in NATO. They're

1308
01:02:11,480 --> 01:02:13,920
Speaker 12: doing a lot in the provision of equipment, minisitions and

1309
01:02:14,040 --> 01:02:18,440
Speaker 12: training and intelligence the Ukraine. But the next step absolutely

1310
01:02:18,640 --> 01:02:22,440
Speaker 12: has to be embracing the defeat of the Russian military

1311
01:02:22,520 --> 01:02:26,680
Speaker 12: in Ukraine. At the moment, it's defending Ukraine, so there's

1312
01:02:26,720 --> 01:02:29,400
Speaker 12: elite to be had there and with that must come

1313
01:02:29,480 --> 01:02:32,520
Speaker 12: the resources to throw the Russians out of Ukraine.

1314
01:02:32,680 --> 01:02:35,200
Speaker 2: And how does that happen, especially if the Republicans win

1315
01:02:35,280 --> 01:02:35,800
Speaker 2: in October.

1316
01:02:36,240 --> 01:02:39,920
Speaker 12: Well, it's going to be pretty hard. But NATO countries

1317
01:02:40,160 --> 01:02:45,400
Speaker 12: in Europe are stepping up their capacity to build things,

1318
01:02:45,480 --> 01:02:48,720
Speaker 12: built munitions and to support Ukraine. They have done over

1319
01:02:48,800 --> 01:02:50,680
Speaker 12: the last two and a half years. There's a couple

1320
01:02:50,720 --> 01:02:53,720
Speaker 12: of laggards there, but most have at least hit the

1321
01:02:53,760 --> 01:02:56,640
Speaker 12: two percent of GDP and some are exceeding that. So

1322
01:02:57,520 --> 01:03:00,520
Speaker 12: if the Republicans do get elected, and that's by no

1323
01:03:00,720 --> 01:03:04,800
Speaker 12: means assured, it will be much more difficult for Ukraine.

1324
01:03:04,920 --> 01:03:08,560
Speaker 12: But at the end of the day, Trump may find,

1325
01:03:08,680 --> 01:03:11,200
Speaker 12: if he is elected president, that it's in his interest

1326
01:03:11,280 --> 01:03:14,640
Speaker 12: to help Ukraine, not into them. We shouldn't discount that possibility.

1327
01:03:14,800 --> 01:03:18,160
Speaker 2: Has the result changed in the Ukraine from the people letters.

1328
01:03:19,200 --> 01:03:21,640
Speaker 12: No, I don't think so. I mean there's a deep

1329
01:03:21,880 --> 01:03:27,200
Speaker 12: fatigue and weariness among Ukrainian people. I mean people talk

1330
01:03:27,240 --> 01:03:30,200
Speaker 12: about fatigue with the war in western countries. We have

1331
01:03:30,320 --> 01:03:34,240
Speaker 12: absolutely nothing to be fatigued about. But the Ukrainians do.

1332
01:03:35,280 --> 01:03:39,480
Speaker 12: But they understand that as and as hard as it

1333
01:03:39,640 --> 01:03:43,280
Speaker 12: is to fight this war, being occupied by Russia would

1334
01:03:43,280 --> 01:03:46,680
Speaker 12: be vastly worse all the evidences there from two and

1335
01:03:46,720 --> 01:03:50,440
Speaker 12: a half years of Russian occupation of Ukrainian territory.

1336
01:03:50,520 --> 01:03:53,040
Speaker 2: All right, So I ring you in a year. Where's

1337
01:03:53,080 --> 01:03:54,040
Speaker 2: the warrat do you think?

1338
01:03:54,680 --> 01:03:58,880
Speaker 12: Ah, you can't predict these things. Unfortunately, my hope would

1339
01:03:58,920 --> 01:04:01,360
Speaker 12: be that we've beaten Sure and kicked him out of Ukraine.

1340
01:04:01,360 --> 01:04:03,480
Speaker 2: All right, Let's move to the Middle East and a

1341
01:04:03,480 --> 01:04:06,680
Speaker 2: couple of moments. Mcryan more shortly eleven past eight the.

1342
01:04:06,840 --> 01:04:11,439
Speaker 1: Mike Hosking Breakfast Full Show podcast on iHeartRadio, cowed by.

1343
01:04:11,400 --> 01:04:16,400
Speaker 2: Newstalksb fourteen past eight, military strategist Mcryan back with us

1344
01:04:16,440 --> 01:04:18,840
Speaker 2: on the program. Let's move to the Middle East if

1345
01:04:18,840 --> 01:04:21,320
Speaker 2: we can. How worried are you that this goes regional?

1346
01:04:22,480 --> 01:04:26,360
Speaker 12: Well, in some respects it already is. You have Israel

1347
01:04:26,640 --> 01:04:30,440
Speaker 12: fighting a war on multiple fronts in Gaza, on its

1348
01:04:30,560 --> 01:04:34,280
Speaker 12: northern border, in the West Bank, and its southern frontiers

1349
01:04:34,400 --> 01:04:38,040
Speaker 12: with the Huthis. So it's already surrounded by a ring

1350
01:04:38,120 --> 01:04:41,680
Speaker 12: of fire. Iran has already attacked it once directly and

1351
01:04:41,760 --> 01:04:46,800
Speaker 12: has been attacking it indirectly for decades. So in many respects,

1352
01:04:46,880 --> 01:04:50,440
Speaker 12: it's already a regional conflict, but it's the level of

1353
01:04:50,560 --> 01:04:54,360
Speaker 12: violence is beneath the threshold that we are able to

1354
01:04:54,480 --> 01:04:57,400
Speaker 12: deal with. The danger we face at the moment is

1355
01:04:57,480 --> 01:05:01,440
Speaker 12: that Isra Iran, working with Heesbela and others, might do

1356
01:05:01,640 --> 01:05:06,120
Speaker 12: something that might see the situation become far more combustible

1357
01:05:06,520 --> 01:05:10,080
Speaker 12: and far more difficult for both Israel and countries like

1358
01:05:10,160 --> 01:05:11,480
Speaker 12: the United States to deal with.

1359
01:05:11,760 --> 01:05:13,960
Speaker 2: And as we talked this morning, Iran has not responded.

1360
01:05:14,000 --> 01:05:16,200
Speaker 2: So I suppose three things they could do. One they

1361
01:05:16,240 --> 01:05:18,840
Speaker 2: can do nothing. Two they could telegraph what they're going

1362
01:05:18,880 --> 01:05:20,480
Speaker 2: to do, like the drones a few months back. Or

1363
01:05:20,520 --> 01:05:23,640
Speaker 2: three they can go out all out what's your core.

1364
01:05:25,200 --> 01:05:28,400
Speaker 12: I don't think they can say there's nothing to see here.

1365
01:05:28,520 --> 01:05:31,840
Speaker 12: This time it happened in the capital of Iran and

1366
01:05:32,200 --> 01:05:37,200
Speaker 12: was a pretty significant loss of face for the Iranians

1367
01:05:37,320 --> 01:05:40,400
Speaker 12: and for Hesbelah to be quite frank. So I think

1368
01:05:40,440 --> 01:05:42,919
Speaker 12: we will certainly see a response. I think it will

1369
01:05:43,040 --> 01:05:47,720
Speaker 12: probably be more significant than what we saw earlier this year,

1370
01:05:48,400 --> 01:05:51,400
Speaker 12: but whether they'll be more successful this time remains to

1371
01:05:51,480 --> 01:05:51,880
Speaker 12: be seen.

1372
01:05:52,120 --> 01:05:54,680
Speaker 2: The fact that the Israeli has got three key people

1373
01:05:55,040 --> 01:05:58,960
Speaker 2: Lebanon and Iran under protection. What does that tell you

1374
01:05:58,960 --> 01:06:01,200
Speaker 2: about the sophistication what the Israelis are about.

1375
01:06:02,120 --> 01:06:05,280
Speaker 12: It tells me they're pretty good at finding people they

1376
01:06:05,400 --> 01:06:09,640
Speaker 12: need to deal with. They made it very clear after

1377
01:06:09,720 --> 01:06:12,280
Speaker 12: seven October they were going to find and bring to

1378
01:06:12,480 --> 01:06:16,160
Speaker 12: justice every person involved in the seven October attacks. We

1379
01:06:16,200 --> 01:06:19,360
Speaker 12: should know from previous promises of this time from the Israelis,

1380
01:06:19,400 --> 01:06:22,360
Speaker 12: particularly up to the Muny Olympics, that they deliver on

1381
01:06:22,440 --> 01:06:23,360
Speaker 12: those kinds of provinces.

1382
01:06:23,560 --> 01:06:26,960
Speaker 2: Is there anything from your observation that anyone anywhere can

1383
01:06:27,000 --> 01:06:29,880
Speaker 2: say or do that can affect Netanyahu and what he

1384
01:06:29,920 --> 01:06:31,040
Speaker 2: wants to achieve, good or bad.

1385
01:06:32,200 --> 01:06:37,120
Speaker 12: It's hard to imagine anyone external to Israel having a

1386
01:06:37,200 --> 01:06:41,080
Speaker 12: significant influence on him. I think we've seen that since

1387
01:06:41,160 --> 01:06:45,440
Speaker 12: October last years that now WHU will do what's in

1388
01:06:45,640 --> 01:06:48,720
Speaker 12: his best interests. Even a majority of Israeli seem to

1389
01:06:48,800 --> 01:06:51,560
Speaker 12: think that he's not doing things in the best interests

1390
01:06:51,560 --> 01:06:52,240
Speaker 12: of their country.

1391
01:06:52,440 --> 01:06:55,000
Speaker 2: All Right, the Pacific, let's deal with that orcus, What

1392
01:06:55,080 --> 01:06:56,400
Speaker 2: do you know of it, What do you think of it?

1393
01:06:56,520 --> 01:06:58,400
Speaker 2: And what should New Zealand do about Pilar two.

1394
01:07:00,160 --> 01:07:05,680
Speaker 12: Well, UCAS is a very important arrangement between Australia, the

1395
01:07:05,760 --> 01:07:09,720
Speaker 12: United Kingdom and the United States. Pillar one, as you know,

1396
01:07:10,040 --> 01:07:14,760
Speaker 12: is the nuclear powered attack submarines. They will be an

1397
01:07:14,800 --> 01:07:20,440
Speaker 12: important capability into the future. But Pillot two, I think

1398
01:07:20,600 --> 01:07:23,880
Speaker 12: has a lot of potential beyond the three countries that

1399
01:07:23,960 --> 01:07:27,960
Speaker 12: are currently part of Aucus, the R and D at

1400
01:07:28,080 --> 01:07:32,160
Speaker 12: different universities and establishments in the three main countries, but

1401
01:07:32,320 --> 01:07:36,560
Speaker 12: potentially in places like Cana, Japean, Korea or even New Zealand.

1402
01:07:37,120 --> 01:07:40,440
Speaker 12: I think could be a very interesting collaboration in the

1403
01:07:40,560 --> 01:07:41,840
Speaker 12: years and the decades ahead.

1404
01:07:42,120 --> 01:07:43,760
Speaker 2: Do you see us in the sticky position? I mean,

1405
01:07:43,760 --> 01:07:45,600
Speaker 2: in other words, if we joined Pillar two, is that

1406
01:07:45,800 --> 01:07:47,840
Speaker 2: pro American and anti Chinese?

1407
01:07:49,080 --> 01:07:52,560
Speaker 12: Well, you know, at the end of the day, China

1408
01:07:52,680 --> 01:07:54,320
Speaker 12: is doing a lot of things that are against all

1409
01:07:54,360 --> 01:07:58,320
Speaker 12: our interests in our region and beyond. They are helping

1410
01:07:58,520 --> 01:08:04,800
Speaker 12: China Aid, a sovereign, prosperous, democratic country. They've threatened to

1411
01:08:04,880 --> 01:08:09,400
Speaker 12: do exactly the same to Taiwan. They are threatening nations

1412
01:08:09,440 --> 01:08:13,480
Speaker 12: in the region like the Philippines and others constantly. So

1413
01:08:13,840 --> 01:08:15,960
Speaker 12: at the end of the day. You know, China has

1414
01:08:17,640 --> 01:08:21,799
Speaker 12: a threat to the system that exists in the Western

1415
01:08:21,880 --> 01:08:24,240
Speaker 12: Pacific at the moment, and we need to ensure that

1416
01:08:24,360 --> 01:08:27,479
Speaker 12: we deter them from doing anything that could tip us

1417
01:08:27,520 --> 01:08:29,280
Speaker 12: into some catastrophic war.

1418
01:08:29,760 --> 01:08:31,639
Speaker 2: And what about Australia, Are they doing enough?

1419
01:08:32,720 --> 01:08:35,600
Speaker 12: Well? I think we're doing a lot. You know, the

1420
01:08:35,800 --> 01:08:38,800
Speaker 12: National Defense Strategy and the defense budget does a lot.

1421
01:08:38,880 --> 01:08:42,360
Speaker 12: But is it enough? My sense is probably not. We

1422
01:08:42,479 --> 01:08:45,599
Speaker 12: probably need to spend at least another percentage of GDP

1423
01:08:46,439 --> 01:08:49,800
Speaker 12: to not only afford these submarines and everything else we

1424
01:08:49,880 --> 01:08:52,720
Speaker 12: want to buy, but probably expand the size of the

1425
01:08:52,760 --> 01:08:57,120
Speaker 12: Australian Defense Force to cope with all the different contingencies

1426
01:08:57,280 --> 01:08:58,519
Speaker 12: that it now has to prepare for.

1427
01:08:58,760 --> 01:09:00,840
Speaker 2: And in general, how are what about China? Are you

1428
01:09:01,000 --> 01:09:03,400
Speaker 2: in the region? I mean I asked the question, Correct

1429
01:09:03,439 --> 01:09:05,080
Speaker 2: me if I'm wrong. But you said the other day

1430
01:09:05,120 --> 01:09:08,040
Speaker 2: that Australia will need to at some point look at

1431
01:09:08,080 --> 01:09:10,880
Speaker 2: a national service type operation, which strikes me as being

1432
01:09:10,960 --> 01:09:12,639
Speaker 2: sort of from another time, another age.

1433
01:09:13,320 --> 01:09:14,519
Speaker 12: Well, it's from this time.

1434
01:09:14,640 --> 01:09:15,240
Speaker 16: In this age.

1435
01:09:15,240 --> 01:09:18,519
Speaker 12: There are many countries where having a national service scheme

1436
01:09:19,160 --> 01:09:23,120
Speaker 12: is entirely unremarkable. Many democracies have had them for decades

1437
01:09:23,720 --> 01:09:27,040
Speaker 12: and it's something that's embraced and supported by the citizens.

1438
01:09:27,680 --> 01:09:32,080
Speaker 12: Whether it's Singapore or Korea or Taiwan, or countries in

1439
01:09:32,280 --> 01:09:35,519
Speaker 12: Scandinavia and even in parts of Europe, this is an

1440
01:09:35,680 --> 01:09:39,840
Speaker 12: uncontroversial theme and it's only in countries of Australia and

1441
01:09:39,880 --> 01:09:43,360
Speaker 12: New Zealand America where it's become a political football. National

1442
01:09:43,520 --> 01:09:47,200
Speaker 12: service is about taking eighteen year olds and joining them

1443
01:09:47,240 --> 01:09:50,920
Speaker 12: to their society by having them serve their community. Doesn't

1444
01:09:50,920 --> 01:09:53,160
Speaker 12: all have to be military. In fact, it's very small

1445
01:09:53,200 --> 01:09:55,559
Speaker 12: proportion of them will be military. You can have them

1446
01:09:55,640 --> 01:09:57,960
Speaker 12: drive ambulances, you can have them plant trees, you can

1447
01:09:58,040 --> 01:10:01,559
Speaker 12: have them fight bushfires. The principal aim of a national

1448
01:10:01,800 --> 01:10:05,400
Speaker 12: service scheme is to have eighteen year olds learned that

1449
01:10:05,520 --> 01:10:08,000
Speaker 12: there's more to life than them and I'm pretty sure

1450
01:10:08,080 --> 01:10:10,080
Speaker 12: most people in the community wouldn't see that as a

1451
01:10:10,120 --> 01:10:10,519
Speaker 12: bad thing.

1452
01:10:10,720 --> 01:10:12,400
Speaker 2: And you see that happening in the not too distant

1453
01:10:12,439 --> 01:10:14,479
Speaker 2: future in a place like Australia, and I'm assuming if

1454
01:10:14,479 --> 01:10:16,160
Speaker 2: it happens in Australia could be looked at here.

1455
01:10:16,520 --> 01:10:19,360
Speaker 12: Well. I think we need to talk about it very seriously.

1456
01:10:19,760 --> 01:10:22,320
Speaker 12: Whether it happens or not, is a political decision, but

1457
01:10:22,560 --> 01:10:24,720
Speaker 12: we would be very foolish as a country to it

1458
01:10:24,920 --> 01:10:28,400
Speaker 12: not at least not have a conversation, to have a

1459
01:10:28,520 --> 01:10:31,479
Speaker 12: debate about the merits of such a system.

1460
01:10:31,880 --> 01:10:33,760
Speaker 2: What's your observation of the world, I mean when we

1461
01:10:33,840 --> 01:10:35,920
Speaker 2: ask this all the time, don't we Is the world

1462
01:10:36,040 --> 01:10:36,439
Speaker 2: a mess?

1463
01:10:36,800 --> 01:10:36,840
Speaker 8: Or?

1464
01:10:37,080 --> 01:10:39,800
Speaker 2: Historically speaking, it's actually no worse than it's ever been.

1465
01:10:40,520 --> 01:10:42,160
Speaker 12: No, I think we are in a bit of a

1466
01:10:42,200 --> 01:10:46,960
Speaker 12: different era at the moment. We're seeing alignment of four large,

1467
01:10:48,680 --> 01:10:54,639
Speaker 12: increasingly aggressive authoritarian powers China, Iran, Russia and North Korea

1468
01:10:54,920 --> 01:10:59,080
Speaker 12: who have been very open in their stated and common

1469
01:10:59,160 --> 01:11:03,360
Speaker 12: belief that the days of the Western system that Australia

1470
01:11:03,439 --> 01:11:06,840
Speaker 12: and New Zealand have benefited from are coming to an end,

1471
01:11:07,439 --> 01:11:10,240
Speaker 12: and that they want to offer a different form of

1472
01:11:10,360 --> 01:11:13,840
Speaker 12: global system to many countries in the world. Now, I

1473
01:11:14,000 --> 01:11:17,000
Speaker 12: would propose to you that they're probably not going to

1474
01:11:17,240 --> 01:11:20,800
Speaker 12: offer as something that's as prosperous and as liberal and

1475
01:11:20,920 --> 01:11:24,799
Speaker 12: as democratic as what we've experienced for our short histories.

1476
01:11:25,600 --> 01:11:29,200
Speaker 12: And it's in our interests to push back on those

1477
01:11:29,360 --> 01:11:32,760
Speaker 12: who would like to see a more disconnected and a

1478
01:11:32,960 --> 01:11:33,599
Speaker 12: darker world.

1479
01:11:33,840 --> 01:11:35,280
Speaker 2: All right, I'm always good to catch up with you

1480
01:11:35,360 --> 01:11:38,080
Speaker 2: M Gowell Mcryan the book by the way, The War

1481
01:11:38,160 --> 01:11:40,960
Speaker 2: for Ukraine Strategy and Adaptation under Fire that's out next week.

1482
01:11:41,040 --> 01:11:43,120
Speaker 2: Couple of pieces of reading I did for it. What

1483
01:11:43,240 --> 01:11:46,760
Speaker 2: Australia can learn from Ukraine's long range strike weapons. He's

1484
01:11:46,840 --> 01:11:48,920
Speaker 2: arguing Australia needs to make more sort of low brow

1485
01:11:48,960 --> 01:11:51,000
Speaker 2: stuff instead of buying this high end stuff all the time.

1486
01:11:51,280 --> 01:11:54,360
Speaker 2: Now the one Russia is more dangerous now than when

1487
01:11:54,400 --> 01:11:56,559
Speaker 2: it first invaded. So if you're interested in the sort

1488
01:11:56,560 --> 01:11:57,880
Speaker 2: of thing, you look those up and have a bit

1489
01:11:57,920 --> 01:11:59,400
Speaker 2: of a read twenty two.

1490
01:12:00,080 --> 01:12:03,040
Speaker 3: Full on my costing Breakfast with the range Rover the

1491
01:12:03,160 --> 01:12:03,760
Speaker 3: liar news.

1492
01:12:04,840 --> 01:12:06,800
Speaker 2: No, if you're looking for quality supplements to add to

1493
01:12:06,840 --> 01:12:09,479
Speaker 2: the old wellerness regime that will not only support the

1494
01:12:09,520 --> 01:12:11,840
Speaker 2: immune health but also the energy and the total well being,

1495
01:12:11,880 --> 01:12:14,240
Speaker 2: then we've got very good news. Because good quality fish

1496
01:12:14,280 --> 01:12:17,760
Speaker 2: oil and an antioxidant blenders a must have in that

1497
01:12:17,840 --> 01:12:19,760
Speaker 2: particular mix. So what we've got as lister As oil

1498
01:12:20,200 --> 01:12:22,719
Speaker 2: and we've got Rizvie Ultimate they're from about health. Of course.

1499
01:12:23,400 --> 01:12:25,559
Speaker 2: They put them together dub the Healthy Aging Pack basically,

1500
01:12:25,680 --> 01:12:27,120
Speaker 2: so it's the go to pack for many of us

1501
01:12:27,160 --> 01:12:29,360
Speaker 2: these days. Contains the quality of Mega three fish oil.

1502
01:12:29,640 --> 01:12:32,400
Speaker 2: It's got five other ingredients to support the brain, health,

1503
01:12:32,439 --> 01:12:34,880
Speaker 2: the healthy joints, the hair, the skin, the nails. Add

1504
01:12:34,920 --> 01:12:38,000
Speaker 2: the antioxidant complex, the Risvee Ultimate and well what you

1505
01:12:38,080 --> 01:12:40,479
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1514
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Speaker 2: high Strength. Now that's a must at this time of year.

1515
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Speaker 2: Of course, eight hundred triple nine three oh nine online

1516
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Speaker 2: for all the deals and the good products at about

1517
01:13:12,040 --> 01:13:17,120
Speaker 2: health at dot co dot nz. Hosking Mike Ryan talks

1518
01:13:17,240 --> 01:13:19,280
Speaker 2: it so important to have these military service camps for

1519
01:13:19,360 --> 01:13:22,360
Speaker 2: young people, teaching respect, discipline and learning the trades. Yeah,

1520
01:13:22,360 --> 01:13:24,360
Speaker 2: I was interested in his comment that he thinks it

1521
01:13:24,400 --> 01:13:27,360
Speaker 2: would be widely accepted. I'm not absolutely convinced. That's true

1522
01:13:27,720 --> 01:13:32,479
Speaker 2: National service. Bravo, Mike, plenty of truth, zire Hosk Taylor's

1523
01:13:32,520 --> 01:13:39,080
Speaker 2: wisconcert Tonight's has been canceled. Where was she, Bienna? Yeah,

1524
01:13:40,080 --> 01:13:43,880
Speaker 2: so tonight, tomorrow night and Saturday confirmation for the government

1525
01:13:43,880 --> 01:13:47,639
Speaker 2: officials of a planned terror attack at the Ernst Tarple Stadium.

1526
01:13:48,120 --> 01:13:50,040
Speaker 2: They've got no choice. We've got no choice, they say,

1527
01:13:50,080 --> 01:13:53,639
Speaker 2: but to cancel three schedule shows for everybody's safety. They've

1528
01:13:53,720 --> 01:13:58,160
Speaker 2: arrested two people. There's a connection to ISIS. So if

1529
01:13:58,200 --> 01:13:59,920
Speaker 2: you thought it was a troubled world, we'll just rec

1530
01:14:00,800 --> 01:14:03,160
Speaker 2: it's a troubled old world. Quite a bit of feedback

1531
01:14:03,280 --> 01:14:06,479
Speaker 2: on Professor Elaine Rush just before the eight o'clock news

1532
01:14:06,560 --> 01:14:08,760
Speaker 2: on the business of the food and how people can't

1533
01:14:08,760 --> 01:14:11,000
Speaker 2: afford the food anymore, might run you through some of

1534
01:14:11,479 --> 01:14:14,120
Speaker 2: some of that feedback and back to the troubled world scenario.

1535
01:14:14,600 --> 01:14:16,120
Speaker 2: A lot of people on the streets to Britain at

1536
01:14:16,120 --> 01:14:19,000
Speaker 2: the moment, there's a lot of anti racist protesters on

1537
01:14:19,080 --> 01:14:22,479
Speaker 2: the streets to counteract the racist protesters on the street.

1538
01:14:22,560 --> 01:14:24,639
Speaker 2: So you got both sides of the equation being covered

1539
01:14:24,680 --> 01:14:26,240
Speaker 2: off there, Rod as well as.

1540
01:14:26,200 --> 01:14:33,960
Speaker 1: Next, your trusted source for news and fews, the Mike

1541
01:14:34,080 --> 01:14:38,160
Speaker 1: Hosking breakfast with Bailey's real Estate doing real estate differently

1542
01:14:38,280 --> 01:14:41,200
Speaker 1: since nineteen seventy three, news togsad.

1543
01:14:40,760 --> 01:14:43,360
Speaker 2: Been Mike, Professor Lane, what a bottle of positive vibes

1544
01:14:43,439 --> 01:14:45,880
Speaker 2: Morning Mike. Another do Gooding hand ringer on the radio.

1545
01:14:45,960 --> 01:14:48,360
Speaker 2: This country's fuller than thank you, Matt, Mike. She's a

1546
01:14:48,439 --> 01:14:50,880
Speaker 2: dead loss, doesn't actually know what's going on, has her

1547
01:14:50,920 --> 01:14:54,080
Speaker 2: own agenda. Clearly, thank you, Janet, Mike. We earn money

1548
01:14:54,120 --> 01:14:58,599
Speaker 2: from selling food overseas the response here, but clearly zero

1549
01:14:58,840 --> 01:15:01,960
Speaker 2: understanding of the economy and how the world works. More shortly,

1550
01:15:02,040 --> 01:15:03,200
Speaker 2: twenty three minutes away.

1551
01:15:03,040 --> 01:15:07,400
Speaker 13: From nine International correspondence with ins and Eye Insurance Peace

1552
01:15:07,439 --> 01:15:08,840
Speaker 13: of mind for New Zealand business.

1553
01:15:09,880 --> 01:15:10,280
Speaker 2: I'd reckon.

1554
01:15:10,439 --> 01:15:12,439
Speaker 7: Good morning, my friend, Good morning.

1555
01:15:12,240 --> 01:15:12,760
Speaker 16: To you major.

1556
01:15:12,800 --> 01:15:15,160
Speaker 2: I've been looking at pictures in East London. There seem

1557
01:15:15,200 --> 01:15:18,120
Speaker 2: to be protests about protests. So the anti racist protesters

1558
01:15:18,160 --> 01:15:20,439
Speaker 2: are out after the racist protesters have been out, So

1559
01:15:20,479 --> 01:15:21,760
Speaker 2: you've got a lot of protests going on.

1560
01:15:23,439 --> 01:15:27,519
Speaker 16: Yes, it's a summer of protests. It's nice weather. The

1561
01:15:27,760 --> 01:15:30,840
Speaker 16: weather forecast actually is rain for the next few days,

1562
01:15:30,880 --> 01:15:33,160
Speaker 16: so we might see the protests dying down a little bit.

1563
01:15:33,760 --> 01:15:39,680
Speaker 16: But yeah, we've had the full frontal attacks from the

1564
01:15:39,760 --> 01:15:43,599
Speaker 16: far right which have resulted in chaos in a few

1565
01:15:43,840 --> 01:15:49,800
Speaker 16: places middles Through Sunderland, Harleypool, Liverpool to a degree. And

1566
01:15:49,960 --> 01:15:52,800
Speaker 16: now we're seeing the other side of things. And we're

1567
01:15:52,840 --> 01:15:58,120
Speaker 16: also seeing a kind of re energized Asian population attacking

1568
01:15:58,200 --> 01:16:01,360
Speaker 16: white folk wherever they see them. So it's all very

1569
01:16:01,439 --> 01:16:02,080
Speaker 16: jolly over here.

1570
01:16:02,120 --> 01:16:04,639
Speaker 2: You're to drop by, well said, it's funny you should

1571
01:16:04,640 --> 01:16:06,840
Speaker 2: say that we have an issued one yet, but Australia hasn't.

1572
01:16:06,840 --> 01:16:09,360
Speaker 2: About four other countries there are sort of travel warnings

1573
01:16:09,479 --> 01:16:12,000
Speaker 2: going out about the UK. Would somebody like key As

1574
01:16:12,040 --> 01:16:15,519
Speaker 2: Starmer be worried about the international reputation of Britain at

1575
01:16:15,520 --> 01:16:17,680
Speaker 2: the moment he should be.

1576
01:16:18,760 --> 01:16:22,479
Speaker 16: His response to this hasn't been great. It's been kind

1577
01:16:22,479 --> 01:16:24,280
Speaker 16: of knee jerk. This is the far right, this is

1578
01:16:24,320 --> 01:16:27,680
Speaker 16: the far right. Well, it's not quite. It's both more

1579
01:16:27,760 --> 01:16:31,080
Speaker 16: and less than that, with not an awful lot of

1580
01:16:31,160 --> 01:16:36,000
Speaker 16: it is coming from football hooligans, but that nonetheless, underneath

1581
01:16:36,040 --> 01:16:40,320
Speaker 16: all that lies a deep dissatisfaction in the disenfranchised towns

1582
01:16:40,360 --> 01:16:43,400
Speaker 16: of the Northeast and Northwest that they haven't been listened

1583
01:16:43,439 --> 01:16:47,160
Speaker 16: to properly about issues such as immigration, that their towns

1584
01:16:47,200 --> 01:16:49,720
Speaker 16: have changed in front of them and that they've been

1585
01:16:49,800 --> 01:16:52,800
Speaker 16: cut out of the equation. There seems to be no

1586
01:16:53,720 --> 01:16:57,240
Speaker 16: shrift whatsoever given to them by Sekir Starmer and that

1587
01:16:57,720 --> 01:17:01,360
Speaker 16: has I think it's effect its opinion poll ratings, which

1588
01:17:01,360 --> 01:17:05,760
Speaker 16: are already well well well down. The Holleymoon is definitely over.

1589
01:17:06,320 --> 01:17:08,479
Speaker 2: What is the sense of how the police are handling this.

1590
01:17:11,439 --> 01:17:17,040
Speaker 16: Not too bad? There is a the allegation that's always

1591
01:17:17,080 --> 01:17:19,559
Speaker 16: been made as this is two tier policing, that whilst

1592
01:17:19,600 --> 01:17:22,600
Speaker 16: the police are quite heavy handed when it comes to

1593
01:17:22,720 --> 01:17:26,439
Speaker 16: dealing with these particular protesters, they were nothing like as

1594
01:17:27,160 --> 01:17:31,439
Speaker 16: bad when the pro Palestinian protesters were in London or

1595
01:17:31,640 --> 01:17:36,120
Speaker 16: indeed the Extinction Rebellion protesters. That being said, the Extinction

1596
01:17:36,320 --> 01:17:41,040
Speaker 16: Rebellion protesters and the Palestinians didn't on the whole Sephire

1597
01:17:41,080 --> 01:17:44,240
Speaker 16: to cars and try to break down people's doors. So

1598
01:17:45,120 --> 01:17:48,559
Speaker 16: I think the robustness of the police isn't really an

1599
01:17:48,600 --> 01:17:49,439
Speaker 16: issue at the moment.

1600
01:17:50,240 --> 01:17:53,040
Speaker 2: Is the system able to cope because one of Labour's

1601
01:17:53,080 --> 01:17:55,720
Speaker 2: policies was to well, the new government's policies was to

1602
01:17:55,920 --> 01:17:57,960
Speaker 2: lit people out of personally because there were too many

1603
01:17:58,000 --> 01:17:59,840
Speaker 2: people in prison and they couldn't hold them anymore. But

1604
01:18:00,800 --> 01:18:03,160
Speaker 2: looking at old Liam Ryan who burst into tears and

1605
01:18:03,320 --> 01:18:06,280
Speaker 2: caught that age forty today to be seent away. If

1606
01:18:06,280 --> 01:18:08,080
Speaker 2: they seen all these people away to jail away, they

1607
01:18:08,120 --> 01:18:09,479
Speaker 2: claim he's a room in the jail of seeing all

1608
01:18:09,520 --> 01:18:10,120
Speaker 2: these people away.

1609
01:18:11,800 --> 01:18:14,720
Speaker 16: Well, according to Starmer, he's freed up five hundred and

1610
01:18:14,840 --> 01:18:18,720
Speaker 16: forty odd places in prisons for these people to go to,

1611
01:18:20,000 --> 01:18:21,960
Speaker 16: and five hundred and forty should just about to deal

1612
01:18:22,040 --> 01:18:25,120
Speaker 16: with this. So you look at Middlesbrough, which was one

1613
01:18:25,160 --> 01:18:29,599
Speaker 16: of the worst riots, forty odd people arrested. My guesses

1614
01:18:29,720 --> 01:18:32,479
Speaker 16: that of those, you know, maybe five to ten will

1615
01:18:32,520 --> 01:18:37,880
Speaker 16: get custodial sentences. So if he's right and he has

1616
01:18:37,960 --> 01:18:39,479
Speaker 16: freed up there, I don't know how he's done that,

1617
01:18:39,600 --> 01:18:41,599
Speaker 16: by the way, but if he has freed up five

1618
01:18:41,720 --> 01:18:44,280
Speaker 16: hundred and thirty five hundred and forty places, then he

1619
01:18:44,360 --> 01:18:45,639
Speaker 16: should be just about okay.

1620
01:18:46,400 --> 01:18:49,320
Speaker 2: What about these so called keyboard warriors that the police

1621
01:18:49,400 --> 01:18:51,679
Speaker 2: keep talking about, and you know, the old Tommy's who's

1622
01:18:51,720 --> 01:18:54,680
Speaker 2: on holiday wherever he's on holiday, do they actually ever

1623
01:18:54,760 --> 01:18:57,160
Speaker 2: catch up with him or is that just just verbiage?

1624
01:18:59,400 --> 01:19:02,519
Speaker 16: I think it's fuge. I mean, they're undoubtedly right that.

1625
01:19:02,720 --> 01:19:06,240
Speaker 16: You know, all of these rights have been organized through Facebook,

1626
01:19:07,560 --> 01:19:11,720
Speaker 16: very straightforward. I've seen the Clarion call which went out

1627
01:19:11,760 --> 01:19:15,800
Speaker 16: in Middlesbrough, ill spelled full of emojis, come and fight

1628
01:19:15,960 --> 01:19:20,000
Speaker 16: for Britain, Come and fight for Britain and all that

1629
01:19:20,160 --> 01:19:24,479
Speaker 16: kind of stuff. So social media has been absolutely vitally

1630
01:19:24,600 --> 01:19:29,800
Speaker 16: dissimilating the message of sedition out to the public. Tommy Robinson, Yeah,

1631
01:19:30,240 --> 01:19:32,559
Speaker 16: he is still I think, selling himself on a beach

1632
01:19:32,640 --> 01:19:37,080
Speaker 16: in Cyprus, right. I don't know if he's planning to

1633
01:19:37,160 --> 01:19:39,800
Speaker 16: come back. My guess is if he does come back,

1634
01:19:39,840 --> 01:19:41,400
Speaker 16: he'll probably be arrested, though what for.

1635
01:19:41,520 --> 01:19:42,080
Speaker 8: I'm not sure.

1636
01:19:42,320 --> 01:19:44,599
Speaker 2: Okay, Mike A call Rod. As we've said here talking

1637
01:19:44,640 --> 01:19:47,120
Speaker 2: to you on this Thursday morning, when we ring you

1638
01:19:47,240 --> 01:19:49,240
Speaker 2: next week, is it over or we still got a problem.

1639
01:19:50,560 --> 01:19:53,400
Speaker 16: I think over. I think over, But we still have

1640
01:19:53,479 --> 01:19:58,320
Speaker 16: a problem underneath about the levels of immigration and the

1641
01:19:58,479 --> 01:20:01,439
Speaker 16: decent people. The person who said me in Middlesbrough yesterday,

1642
01:20:02,640 --> 01:20:05,880
Speaker 16: which was there's no sense in torturing cars, there's no

1643
01:20:06,120 --> 01:20:10,720
Speaker 16: sense in beating up hard working immigrants who've come here

1644
01:20:10,800 --> 01:20:13,599
Speaker 16: and devoted their lives to the community. But we've got

1645
01:20:13,680 --> 01:20:16,839
Speaker 16: to talk about immigration and stop being called racist.

1646
01:20:16,920 --> 01:20:19,040
Speaker 2: What we do, all right, Rob, appreciate it. Rod a

1647
01:20:19,040 --> 01:20:22,040
Speaker 2: little back on next Tuesday. It is eighteen minutes away

1648
01:20:22,040 --> 01:20:24,200
Speaker 2: from nine. And he was right the other day with

1649
01:20:24,280 --> 01:20:26,400
Speaker 2: the football. All the people who are going, he's misinformed,

1650
01:20:26,479 --> 01:20:28,559
Speaker 2: and you know it's not the far right and stuff,

1651
01:20:28,880 --> 01:20:31,040
Speaker 2: it's football. Thanks. Just have a look at the pictures.

1652
01:20:31,080 --> 01:20:34,120
Speaker 2: It's been the four people who are in jail, go.

1653
01:20:34,479 --> 01:20:35,960
Speaker 2: I told you there was only one the other day

1654
01:20:36,000 --> 01:20:37,080
Speaker 2: when I told you to go do it. Have a

1655
01:20:37,120 --> 01:20:38,840
Speaker 2: look at the one. So there's now four. The three

1656
01:20:38,960 --> 01:20:41,160
Speaker 2: more overnight. Have a look at each and every one

1657
01:20:41,240 --> 01:20:43,719
Speaker 2: of them. Check out. One of them's got a really

1658
01:20:43,840 --> 01:20:47,559
Speaker 2: cool tattoo over his eyebrow that looks quite good. Every

1659
01:20:47,720 --> 01:20:50,719
Speaker 2: single one of them looks exactly the way Rod described

1660
01:20:50,720 --> 01:20:53,880
Speaker 2: them the other day. Speaking of people of that ilk,

1661
01:20:54,560 --> 01:20:57,640
Speaker 2: Shamima Began, who we haven't mentioned for a while on

1662
01:20:57,720 --> 01:21:00,240
Speaker 2: the program. She now is going to the European Court

1663
01:21:00,280 --> 01:21:03,240
Speaker 2: of Human Rights. Why wouldn't she. She's the woman who

1664
01:21:03,360 --> 01:21:07,720
Speaker 2: left in twenty fifteen to go join Islamic State, left

1665
01:21:07,760 --> 01:21:12,280
Speaker 2: Britain and then fell in love married an ISIS fighter

1666
01:21:12,360 --> 01:21:14,800
Speaker 2: until she worked out that isis weren't that call? And

1667
01:21:15,000 --> 01:21:17,000
Speaker 2: then she sort of wanted to go back to Britain,

1668
01:21:17,000 --> 01:21:19,479
Speaker 2: but Britain scriptor of her citizenship rights and she goes,

1669
01:21:19,600 --> 01:21:21,880
Speaker 2: that's not fair. So she went to court, got a

1670
01:21:21,920 --> 01:21:24,400
Speaker 2: lawyer on the taxpayer, of course, and has been arguing

1671
01:21:24,479 --> 01:21:26,720
Speaker 2: ever since. Anyway, she's now after the European Court of

1672
01:21:26,800 --> 01:21:30,720
Speaker 2: Human Rights because she wants her citizenship back, because she's

1673
01:21:30,760 --> 01:21:34,719
Speaker 2: woken up and realized the woeful, woeful mistake of her ways.

1674
01:21:34,840 --> 01:21:37,639
Speaker 2: As she lost her final bid overnight on the Supreme Court,

1675
01:21:38,360 --> 01:21:42,120
Speaker 2: she cannot appeal again. She lost an appeal last year,

1676
01:21:42,400 --> 01:21:45,479
Speaker 2: a decision to revoke that citizenship on national security grounds.

1677
01:21:47,479 --> 01:21:49,360
Speaker 2: She was found as a fifteen I mean, the only

1678
01:21:49,439 --> 01:21:51,080
Speaker 2: defense of the only sympathy I've got for her. She

1679
01:21:51,240 --> 01:21:53,400
Speaker 2: was fifteen when she left town. But apart from that,

1680
01:21:53,920 --> 01:21:55,840
Speaker 2: she's going to lose. I don't even know that Britain

1681
01:21:55,880 --> 01:21:58,479
Speaker 2: necessarily recognizes in any great way shape or formed the

1682
01:21:58,479 --> 01:22:00,320
Speaker 2: European Court of Human Rights. We'll see how they goes

1683
01:22:00,360 --> 01:22:04,240
Speaker 2: and how long it takes. Sixteen Away from nine the.

1684
01:22:04,360 --> 01:22:08,720
Speaker 1: Mike Asking Breakfast Full Show podcast on iHeartRadio, Howard By

1685
01:22:08,800 --> 01:22:09,600
Speaker 1: News Talks.

1686
01:22:09,520 --> 01:22:12,519
Speaker 2: Be thirteen away from mine. Yes, Mike, the UK has problems,

1687
01:22:12,720 --> 01:22:15,000
Speaker 2: but the youngest medal of Parliament in New Zealand stated

1688
01:22:15,040 --> 01:22:17,280
Speaker 2: in the House yesterday that town's in New Zealand where

1689
01:22:17,320 --> 01:22:20,320
Speaker 2: one can either or not wear blue or red or

1690
01:22:20,400 --> 01:22:23,280
Speaker 2: else is just the way it is. OMG, yeah, that's

1691
01:22:23,280 --> 01:22:27,120
Speaker 2: the ongoing gang debate. The Parliament was deeply depressing yesterday.

1692
01:22:27,320 --> 01:22:30,280
Speaker 2: Labor went down the track of behavior within the government

1693
01:22:30,360 --> 01:22:32,320
Speaker 2: circles and started down that track. I think they've given

1694
01:22:32,400 --> 01:22:34,760
Speaker 2: up on the economy because it's got increasingly embarrassing for

1695
01:22:34,800 --> 01:22:38,880
Speaker 2: them because it's all their fault. Back to the Elaine feedback, Mike,

1696
01:22:38,960 --> 01:22:42,800
Speaker 2: somewhere over the Rainbow Party member get sick of hearing

1697
01:22:42,840 --> 01:22:45,800
Speaker 2: this far cheap to cook and season vege, poultry, pork

1698
01:22:45,880 --> 01:22:48,200
Speaker 2: pastor and then eat takeaways line. Mike, Can I have

1699
01:22:48,320 --> 01:22:52,639
Speaker 2: this woman at my as my math teacher, Mike, your patient?

1700
01:22:52,760 --> 01:22:54,679
Speaker 2: She was hard work, Mike.

1701
01:22:54,800 --> 01:22:55,640
Speaker 3: What the f was that?

1702
01:22:56,600 --> 01:22:58,719
Speaker 2: Elaine told us nothing we don't know and then offered

1703
01:22:58,760 --> 01:23:03,479
Speaker 2: dumb solutions. Look, and we had this conversation in the

1704
01:23:03,520 --> 01:23:06,320
Speaker 2: eight thirteen years and this is my difficulty these days.

1705
01:23:06,800 --> 01:23:08,639
Speaker 2: I'm becoming I don't know if you've noticed, but I'm

1706
01:23:08,680 --> 01:23:11,080
Speaker 2: becoming an increasingly empathetic and nice person.

1707
01:23:11,720 --> 01:23:14,200
Speaker 9: And I thought you were going to say contentrous and irritable.

1708
01:23:15,040 --> 01:23:18,640
Speaker 2: No, the opposite physically, And so I don't want to

1709
01:23:18,680 --> 01:23:21,760
Speaker 2: be mean to a person who clearly has goodwill at

1710
01:23:21,800 --> 01:23:24,799
Speaker 2: a basis. But she said, I can't say she's a professor.

1711
01:23:25,360 --> 01:23:29,240
Speaker 2: She's a professor in a tertiary institution, and that's what

1712
01:23:29,400 --> 01:23:33,200
Speaker 2: our children are going to. And she clearly has absolutely

1713
01:23:33,320 --> 01:23:36,080
Speaker 2: no understanding of one facts and be the wider world

1714
01:23:36,600 --> 01:23:38,680
Speaker 2: when you produce a report. And this is as much

1715
01:23:38,760 --> 01:23:40,800
Speaker 2: our fault as anybody else's, because the media falls for

1716
01:23:40,840 --> 01:23:46,200
Speaker 2: this crap every time they do these studies for six years.

1717
01:23:46,280 --> 01:23:47,560
Speaker 2: First of all, why are you doing a study for

1718
01:23:47,680 --> 01:23:50,880
Speaker 2: six years? And immediately the moment you put it out,

1719
01:23:50,920 --> 01:23:53,200
Speaker 2: it's old. It's the previous six years. And as I

1720
01:23:53,320 --> 01:23:58,479
Speaker 2: tried politely to point out, the scenes changed, the food

1721
01:23:58,560 --> 01:24:02,160
Speaker 2: prices are dropping. Therefore his study is out of date.

1722
01:24:02,320 --> 01:24:07,720
Speaker 2: Therefore what she's saying is no longer true. And I'm

1723
01:24:07,720 --> 01:24:09,000
Speaker 2: thinking of so why are we having.

1724
01:24:08,840 --> 01:24:11,839
Speaker 9: There on the product six year trend trending?

1725
01:24:12,320 --> 01:24:14,000
Speaker 2: Are Trending's over?

1726
01:24:14,240 --> 01:24:18,000
Speaker 9: Yeah, so that the sixty year treat I guess is Also,

1727
01:24:18,840 --> 01:24:20,160
Speaker 9: that's because all trends.

1728
01:24:20,280 --> 01:24:22,240
Speaker 2: But the Mike costc in twenty twenty four trend is

1729
01:24:22,280 --> 01:24:24,439
Speaker 2: the food's coming down. Are just dealing with facts there.

1730
01:24:24,479 --> 01:24:26,479
Speaker 2: But I'm thinking, why are we doing this? Why do

1731
01:24:26,600 --> 01:24:28,360
Speaker 2: we do this to ourselves? Why does the newsroom keep

1732
01:24:28,479 --> 01:24:35,839
Speaker 2: falling for this press release? Whine a thon.

1733
01:24:37,720 --> 01:24:37,960
Speaker 11: You have.

1734
01:24:40,120 --> 01:24:44,360
Speaker 2: Every day there's some winder with yet another press release.

1735
01:24:44,640 --> 01:24:46,479
Speaker 2: Tell you what, when all the newsrooms closed down, where

1736
01:24:46,479 --> 01:24:48,760
Speaker 2: are they going to go? They're just gonna They're gonna

1737
01:24:48,800 --> 01:24:54,599
Speaker 2: whine into a into a into a what's the word vacuum?

1738
01:24:55,120 --> 01:24:58,120
Speaker 2: They're gonna whine into a vacuum. There's gonna be no

1739
01:24:58,200 --> 01:25:00,479
Speaker 2: one to publish their press releases.

1740
01:25:00,560 --> 01:25:02,760
Speaker 9: See, you're so nice and cuddly in your old age

1741
01:25:03,040 --> 01:25:05,719
Speaker 9: almost are you going to start giving all our introduce

1742
01:25:05,720 --> 01:25:06,479
Speaker 9: subjects are sweet?

1743
01:25:06,479 --> 01:25:10,720
Speaker 2: At the end of the end of view, maybe it's me?

1744
01:25:10,960 --> 01:25:11,280
Speaker 4: Is it me?

1745
01:25:12,040 --> 01:25:18,360
Speaker 2: Maybe it's me? Nine minutes away from nine break news

1746
01:25:18,439 --> 01:25:20,760
Speaker 2: dogs like I promise it's not just you. I am

1747
01:25:20,840 --> 01:25:23,360
Speaker 2: becoming increasingly alarmed though that there might not be as

1748
01:25:23,400 --> 01:25:25,160
Speaker 2: many of us as i'd hope that's true. It's my

1749
01:25:25,280 --> 01:25:28,599
Speaker 2: ongoing concerned speaking, which is my next complaint stormed out

1750
01:25:28,600 --> 01:25:32,240
Speaker 2: of the building. Yesterday fire past nine. The production team

1751
01:25:32,320 --> 01:25:36,479
Speaker 2: posts there All Blacks meeting. Came to me and said,

1752
01:25:36,560 --> 01:25:38,920
Speaker 2: Marky and the boss was involved in this meeting, Big Jason.

1753
01:25:39,120 --> 01:25:40,799
Speaker 2: He said, marquee player and we're.

1754
01:25:40,680 --> 01:25:43,160
Speaker 9: Putting Did I miss this meeting? I walked in. I

1755
01:25:43,280 --> 01:25:44,720
Speaker 9: know that's right. I walked into the ind of.

1756
01:25:44,720 --> 01:25:46,760
Speaker 2: It, and and the Marquee player they came up with

1757
01:25:47,200 --> 01:25:52,440
Speaker 2: was Scott Barrett. And I said, and everybody went, Scott's

1758
01:25:52,520 --> 01:25:55,280
Speaker 2: not even in the All Blacks. He's not even in

1759
01:25:55,360 --> 01:25:58,880
Speaker 2: the team because he's injured. And then I thought, as

1760
01:25:58,920 --> 01:26:00,880
Speaker 2: I walked down the stairs, I texted Sami didn't I

1761
01:26:00,920 --> 01:26:02,879
Speaker 2: texted Semi. As I walked down the stairs, I said.

1762
01:26:02,680 --> 01:26:05,360
Speaker 9: Hey, somebody of your brittleness should not be texting and

1763
01:26:05,479 --> 01:26:06,839
Speaker 9: walking downstairs. I stopped.

1764
01:26:07,000 --> 01:26:10,360
Speaker 2: Good point, I stopped, and I did literally think as

1765
01:26:10,479 --> 01:26:12,479
Speaker 2: I was doing, I thought, I don't want to fall

1766
01:26:12,560 --> 01:26:17,479
Speaker 2: down the stairs, certainly, so I shall text stationary anyway,

1767
01:26:17,520 --> 01:26:19,559
Speaker 2: I said, Scott will went or not so certainly as

1768
01:26:19,600 --> 01:26:21,519
Speaker 2: a Marque All Black of that there is no question.

1769
01:26:21,640 --> 01:26:24,160
Speaker 2: So in that sense, the union of come to the party.

1770
01:26:25,560 --> 01:26:30,000
Speaker 2: But then he's not actually playing, and so are they

1771
01:26:30,040 --> 01:26:32,040
Speaker 2: trying to stiff us with a couple of you know,

1772
01:26:32,080 --> 01:26:34,519
Speaker 2: a couple of couple of old has beans who can't

1773
01:26:34,560 --> 01:26:36,920
Speaker 2: quite make the field. There's what's going on there. So

1774
01:26:37,080 --> 01:26:39,719
Speaker 2: I wrestled with myself and then I text.

1775
01:26:39,600 --> 01:26:41,559
Speaker 9: You shouldn't be wrestling with yourself on stairs either.

1776
01:26:41,640 --> 01:26:44,040
Speaker 2: No, That's why I was stationary, and so after I

1777
01:26:44,160 --> 01:26:46,639
Speaker 2: finished wrestling with myself, I fired off the text. I said,

1778
01:26:46,640 --> 01:26:49,599
Speaker 2: I quite like Scott. So if they don't come back

1779
01:26:49,640 --> 01:26:52,920
Speaker 2: with a Marquee player that's actually playing, will accept Scott.

1780
01:26:53,040 --> 01:26:56,040
Speaker 2: So that's on me. So if tomorrow you listen, Engage's

1781
01:26:56,080 --> 01:26:57,880
Speaker 2: not a Marquee player, he's not even on the field,

1782
01:26:57,920 --> 01:27:01,040
Speaker 2: don't text me because it's on me. I've made that executive.

1783
01:27:00,600 --> 01:27:02,280
Speaker 9: Decisions because Mike's gone soft, and.

1784
01:27:02,400 --> 01:27:05,880
Speaker 2: Mike's gone soft. See, I'm just accommodating everybody. These days.

1785
01:27:07,080 --> 01:27:09,000
Speaker 2: Used to be a high quality program. This is just

1786
01:27:09,080 --> 01:27:11,200
Speaker 2: going down the drain, literally in front of my eyes.

1787
01:27:11,200 --> 01:27:14,559
Speaker 2: And it's just because I'm so nice, so caring, so loving,

1788
01:27:15,080 --> 01:27:17,880
Speaker 2: and want to basically do nothing these days except give back.

1789
01:27:18,320 --> 01:27:20,920
Speaker 2: I'm allowing it to happen. Five away from nine.

1790
01:27:21,200 --> 01:27:26,280
Speaker 3: Trending now your home of winter assentials.

1791
01:27:25,760 --> 01:27:29,160
Speaker 2: Walls is going viral. Crowd loved this bit, and I

1792
01:27:29,240 --> 01:27:32,080
Speaker 2: gotta tell you, I can't wait to debate the guy.

1793
01:27:38,120 --> 01:27:40,920
Speaker 2: So they're into him. Then he said this, that is

1794
01:27:41,479 --> 01:27:43,559
Speaker 2: if he's willing to get off the couch and show up.

1795
01:27:43,840 --> 01:27:51,160
Speaker 2: So what he was referring to there? The rumor is

1796
01:27:52,760 --> 01:27:58,000
Speaker 2: that JD was on a couch with a latex glove

1797
01:27:59,400 --> 01:28:06,720
Speaker 2: in between the cushions. What was he doing? I don't know.

1798
01:28:09,120 --> 01:28:10,800
Speaker 2: Was the with the cushions dirty or something?

1799
01:28:10,920 --> 01:28:12,479
Speaker 9: Yeah? What is he cleaning the cushions?

1800
01:28:12,600 --> 01:28:13,320
Speaker 2: He cleaning the cushions.

1801
01:28:13,320 --> 01:28:14,400
Speaker 9: Didn't want to get his hands dirty.

1802
01:28:14,520 --> 01:28:17,160
Speaker 2: The hell's he doing? He's got a latex glove.

1803
01:28:18,600 --> 01:28:20,080
Speaker 9: Come on, you're not telling me you don't have any

1804
01:28:20,120 --> 01:28:21,960
Speaker 9: latex clubs at your place. To be fair, we do,

1805
01:28:22,600 --> 01:28:23,680
Speaker 9: andew it we do.

1806
01:28:24,200 --> 01:28:29,080
Speaker 2: We've got big that we've gotten. We've got industrial boxes

1807
01:28:29,200 --> 01:28:31,439
Speaker 2: of latex clubs. If you said to me, if you're

1808
01:28:31,479 --> 01:28:34,240
Speaker 2: run in my house, cushions or no cushions, doesn't matter.

1809
01:28:34,240 --> 01:28:36,320
Speaker 2: If you said, hey, can I get my hands on

1810
01:28:36,479 --> 01:28:39,400
Speaker 2: sixty seven latex clubs, I'd go not a problem.

1811
01:28:39,439 --> 01:28:42,760
Speaker 9: Would have been funnier if you'd said sixty nine late anyway.

1812
01:28:43,520 --> 01:28:48,680
Speaker 2: Left hand cupboard in the laundry anyway. That may or

1813
01:28:48,720 --> 01:28:52,000
Speaker 2: may not be true. But the crowd for JD. Here's

1814
01:28:52,040 --> 01:28:54,680
Speaker 2: the problem with JD. They'll lap him up at the

1815
01:28:54,680 --> 01:28:57,479
Speaker 2: moment because he's a funny, likable guy. When you watch

1816
01:28:57,560 --> 01:29:00,200
Speaker 2: him speak as I did a lot yesterday. Jove fee

1817
01:29:00,479 --> 01:29:03,719
Speaker 2: much much better than Karmela, way better and more entertaining

1818
01:29:03,760 --> 01:29:06,680
Speaker 2: and engaging than Karmla. She'll eventually grow to resent that

1819
01:29:07,080 --> 01:29:08,680
Speaker 2: and then tell them to go somewhere and not be

1820
01:29:08,760 --> 01:29:12,280
Speaker 2: seen again until But he's lefty. He's such a lefty.

1821
01:29:12,640 --> 01:29:15,479
Speaker 2: She's such a lefty. So we've got two lefties and

1822
01:29:15,760 --> 01:29:18,880
Speaker 2: a latex glove versus the other two. So it's quite

1823
01:29:18,920 --> 01:29:24,040
Speaker 2: the race. Anyway. Back tomorrow morning from Sex with Scott Barrett,

1824
01:29:25,200 --> 01:29:26,360
Speaker 2: among others.

1825
01:29:26,640 --> 01:29:33,000
Speaker 1: As for more from the Mic Asking Breakfast, listen live

1826
01:29:33,120 --> 01:29:36,000
Speaker 1: to news Talks. It'd be from six am weekdays, or

1827
01:29:36,080 --> 01:29:37,960
Speaker 1: follow the podcast on iHeartRadio.