1 00:00:00,520 --> 00:00:06,000 Speaker 1: You're trusted home for news, sport, entertainment, opinion and Mike 2 00:00:06,280 --> 00:00:10,440 Speaker 1: the Mic Asking, Breakfast with the Defender, Embrace the Impossible, 3 00:00:10,520 --> 00:00:11,400 Speaker 1: news togs dead. 4 00:00:11,280 --> 00:00:14,360 Speaker 2: Be Morning and welcome. We'll hold your house horses first 5 00:00:14,440 --> 00:00:17,360 Speaker 2: readjustment of house Priss expectations for the year. Judith Collins 6 00:00:17,400 --> 00:00:19,240 Speaker 2: works us through the highs and the Low's New data 7 00:00:19,280 --> 00:00:22,360 Speaker 2: shows just what an abject failure fees Free was. Brad 8 00:00:22,440 --> 00:00:26,239 Speaker 2: Thorne Crusaders, All Blacks, Broncos. How champions do extra? I 9 00:00:26,239 --> 00:00:28,600 Speaker 2: think you like that after rights Joe Myckenner and Italy 10 00:00:28,800 --> 00:00:32,040 Speaker 2: Rod a little in Britain, Posky, Welcome to the day, 11 00:00:32,080 --> 00:00:34,200 Speaker 2: seven past six, A little bit of rubber hitting the road. 12 00:00:34,240 --> 00:00:36,360 Speaker 2: Research on unsold real estate for you This morning. A 13 00:00:36,360 --> 00:00:39,320 Speaker 2: real estate consultancy company looked at the amount of unsold 14 00:00:39,360 --> 00:00:41,839 Speaker 2: stock when it came to apartments in Auckland. There are 15 00:00:41,920 --> 00:00:44,600 Speaker 2: a record number five hundred and forty one, to be precise, 16 00:00:44,640 --> 00:00:47,400 Speaker 2: which is twenty percent of everything that has been built 17 00:00:47,400 --> 00:00:48,559 Speaker 2: in the past three years. 18 00:00:48,760 --> 00:00:48,960 Speaker 3: Now. 19 00:00:49,040 --> 00:00:50,919 Speaker 2: I love apartments. I live in one, I own them, 20 00:00:50,960 --> 00:00:52,640 Speaker 2: I've owned them over the years. They are not everyone's 21 00:00:52,680 --> 00:00:54,440 Speaker 2: cup of tea, of course, but what I've learned over 22 00:00:54,440 --> 00:00:57,000 Speaker 2: the years. Like most things in life, there is always 23 00:00:57,120 --> 00:00:59,800 Speaker 2: nuance to the story. I bet you anything you want 24 00:01:00,160 --> 00:01:02,160 Speaker 2: that the ones that aren't sold aren't for very good 25 00:01:02,200 --> 00:01:05,679 Speaker 2: reason their crap. An apartment is no different to a house. 26 00:01:05,760 --> 00:01:07,720 Speaker 2: A good one will always sell good market or bad. 27 00:01:07,720 --> 00:01:10,360 Speaker 2: A bad one won't. The trouble with research and stats, 28 00:01:10,720 --> 00:01:12,800 Speaker 2: as they deal with averages, they round things out. The 29 00:01:12,840 --> 00:01:16,440 Speaker 2: apartment market sadly has been driven in some respects by ideology. 30 00:01:16,720 --> 00:01:19,600 Speaker 2: The apartment you would be part of is part of 31 00:01:19,640 --> 00:01:21,840 Speaker 2: the new groovy Auckland where you stepped out of your 32 00:01:21,880 --> 00:01:25,360 Speaker 2: trendy town pad onto your public transport before taking your 33 00:01:25,400 --> 00:01:28,040 Speaker 2: lime scooter the final mile to the office. Now, apart 34 00:01:28,040 --> 00:01:29,760 Speaker 2: from the fact there is no public transport in a 35 00:01:29,760 --> 00:01:32,320 Speaker 2: way that any first world city would expect, and because 36 00:01:32,319 --> 00:01:34,480 Speaker 2: the cost of building went through the roof, your apartment, 37 00:01:34,560 --> 00:01:36,880 Speaker 2: which of course was supposed to be affordable, isn't well 38 00:01:36,959 --> 00:01:38,800 Speaker 2: unless you want to live in eighty square meters, which 39 00:01:38,920 --> 00:01:41,160 Speaker 2: very few do. You will not have a car because 40 00:01:41,200 --> 00:01:43,720 Speaker 2: cars are bad, except you like your car, but you've 41 00:01:43,720 --> 00:01:45,800 Speaker 2: got nowhere to put it. And that's before we get 42 00:01:45,800 --> 00:01:48,840 Speaker 2: to the quality of the build. Unbelievably, we are still 43 00:01:48,880 --> 00:01:52,000 Speaker 2: dealing with leaky building, almost as though we are determined 44 00:01:52,040 --> 00:01:54,320 Speaker 2: not to learn a lesson. Mix In the mad Rush, 45 00:01:54,360 --> 00:01:56,560 Speaker 2: we saw for consents build a lot of stuff no 46 00:01:56,640 --> 00:01:58,720 Speaker 2: and wants. In three years down the track, all the 47 00:01:58,720 --> 00:02:01,080 Speaker 2: good stock got snapped up, and what's left is five 48 00:02:01,160 --> 00:02:03,600 Speaker 2: hundred and forty one boxers that might, if you're lucky, 49 00:02:03,760 --> 00:02:07,520 Speaker 2: make a passable rental. The listen is to do things properly. 50 00:02:07,600 --> 00:02:10,440 Speaker 2: Give people what they want, not what you want them 51 00:02:10,440 --> 00:02:15,480 Speaker 2: to have. Location, size, quality, Get that right, and it's 52 00:02:15,520 --> 00:02:16,320 Speaker 2: hard to go wrong. 53 00:02:18,320 --> 00:02:20,680 Speaker 4: Used of the world in ninety seconds. 54 00:02:20,680 --> 00:02:23,360 Speaker 2: Could it be because Minnesota's turned to you know what? 55 00:02:23,520 --> 00:02:26,760 Speaker 2: But Trump this morning's decided yet again to rethreaten around. 56 00:02:26,480 --> 00:02:28,639 Speaker 5: A massive armada is heading to a ram. 57 00:02:29,120 --> 00:02:32,400 Speaker 6: Like with Venezuela, it is ready willing and able to 58 00:02:32,520 --> 00:02:37,920 Speaker 6: rapidly fulfill its mission with speed and violence if necessary. 59 00:02:37,960 --> 00:02:39,960 Speaker 2: Will your marda help is on its way? Times running out? 60 00:02:40,000 --> 00:02:42,480 Speaker 2: Yad yeah, yeada. Anyway, Some people worry about the fallout. 61 00:02:42,520 --> 00:02:44,560 Speaker 7: If there is any US strike, it will be considered 62 00:02:44,600 --> 00:02:48,040 Speaker 7: all out war. This could get very messy. There are 63 00:02:48,040 --> 00:02:52,720 Speaker 7: also reports that the Chinese have been supplying new air 64 00:02:52,720 --> 00:02:56,440 Speaker 7: defense systems in recent days, which would also make it 65 00:02:56,480 --> 00:02:57,120 Speaker 7: more difficult. 66 00:02:57,240 --> 00:02:59,840 Speaker 2: Yes, related matters. Last time America got involved in foreign 67 00:02:59,880 --> 00:03:01,919 Speaker 2: land as they named the leader so little Marcos in 68 00:03:01,919 --> 00:03:05,320 Speaker 2: front of the Foreign Relations Committee to explain Maduro trouble was, 69 00:03:05,400 --> 00:03:06,600 Speaker 2: there were rude people there. 70 00:03:06,639 --> 00:03:07,959 Speaker 8: I'm just going to talk to you guys for a 71 00:03:08,000 --> 00:03:14,120 Speaker 8: few minutes and all right, here we go, sus been 72 00:03:14,360 --> 00:03:16,959 Speaker 8: you know, the drill off to jail war. 73 00:03:17,480 --> 00:03:21,760 Speaker 9: That's a one year ban from the committee. 74 00:03:21,120 --> 00:03:23,720 Speaker 2: Once they got sorted the floor was Marcos. 75 00:03:23,760 --> 00:03:26,680 Speaker 8: For Iran, their primary spot of operation in the Western 76 00:03:26,680 --> 00:03:30,600 Speaker 8: Hemisphere was Venezuela. For Russia, their primary base of operation 77 00:03:30,680 --> 00:03:33,960 Speaker 8: in the Western Hemisphere, along Cuba and Nicaragua, was Venezuela. 78 00:03:34,520 --> 00:03:37,320 Speaker 8: China was receiving oil at a huge back twenty dollars 79 00:03:37,360 --> 00:03:38,280 Speaker 8: a barrel discount. 80 00:03:38,400 --> 00:03:40,840 Speaker 2: Yeah. Also on the world stage this morning, Sakia, speaking 81 00:03:40,800 --> 00:03:42,640 Speaker 2: of which he's landed for three days in China. 82 00:03:42,840 --> 00:03:44,600 Speaker 10: We will have to manage our differences. 83 00:03:45,160 --> 00:03:46,440 Speaker 4: But that's what you do. 84 00:03:46,920 --> 00:03:51,440 Speaker 10: With a mature, consistent, comprehensive and strategic approach to China. 85 00:03:51,480 --> 00:03:54,520 Speaker 10: We manage our differences, We take our opportunities, and we 86 00:03:54,680 --> 00:03:57,560 Speaker 10: constantly think how does this deliver for people back at home? 87 00:03:57,880 --> 00:03:59,760 Speaker 2: And speaking back at home are they held a service 88 00:03:59,760 --> 00:04:02,440 Speaker 2: over a night Paul's where they confirmed the one hundred 89 00:04:02,480 --> 00:04:04,960 Speaker 2: and sixth person to head the CV. See if you 90 00:04:05,000 --> 00:04:05,800 Speaker 2: can spot the history. 91 00:04:05,840 --> 00:04:07,760 Speaker 6: And what I hope to do is to be able 92 00:04:07,840 --> 00:04:11,920 Speaker 6: to provide a space where where we can I can 93 00:04:11,960 --> 00:04:15,000 Speaker 6: offer hospitality to people, where I can listen to what 94 00:04:15,040 --> 00:04:17,520 Speaker 6: their concerns concerns are. 95 00:04:17,920 --> 00:04:21,280 Speaker 2: Finally, video you need to watch today Jude Owens. He's 96 00:04:21,360 --> 00:04:24,920 Speaker 2: from Manchester. He's got himself two Guinness Books, two Guinness 97 00:04:24,920 --> 00:04:27,360 Speaker 2: World records. One for being the youngest person to make 98 00:04:27,400 --> 00:04:29,839 Speaker 2: a snooker double pot. Now that's where you pot two 99 00:04:29,920 --> 00:04:33,680 Speaker 2: balls in separate pockets off one shot. He did that 100 00:04:33,720 --> 00:04:38,040 Speaker 2: when he was two years, two hundred and sixty one 101 00:04:38,080 --> 00:04:41,800 Speaker 2: days old, and then forty days later. Second record for 102 00:04:41,880 --> 00:04:44,599 Speaker 2: a pull bank shot, Now that's your sinker ball having 103 00:04:44,640 --> 00:04:48,200 Speaker 2: hit a cushion or cushions on the way. As a result, 104 00:04:48,240 --> 00:04:50,360 Speaker 2: he not only has those records, he's now the youngest 105 00:04:50,360 --> 00:04:53,720 Speaker 2: person to have secured a snooker sponsorship. And Tho's News 106 00:04:53,760 --> 00:04:56,520 Speaker 2: of the World in the ninety inflation Gregel dirt in 107 00:04:56,520 --> 00:04:58,760 Speaker 2: a moment, but gee, she's hot as hell. In Australia 108 00:04:58,800 --> 00:05:01,279 Speaker 2: three point eight they would exp So that's not good. 109 00:05:01,320 --> 00:05:03,840 Speaker 2: Sticky sticky sticky as the global word for inflation as 110 00:05:03,839 --> 00:05:06,120 Speaker 2: far as I can work out, and the dollar goes 111 00:05:06,160 --> 00:05:08,840 Speaker 2: with it three year high. That stuff I told you 112 00:05:08,880 --> 00:05:12,080 Speaker 2: about in my first week back. Last week, the commentary 113 00:05:12,080 --> 00:05:14,760 Speaker 2: that suggests the Australian dollar could go to ninety US 114 00:05:14,760 --> 00:05:17,760 Speaker 2: so I dismissed as being fanciful, and yet yesterday crashed 115 00:05:17,800 --> 00:05:20,039 Speaker 2: through seventy. So more shortly twelve past six. 116 00:05:22,279 --> 00:05:27,000 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio, Power 117 00:05:27,160 --> 00:05:28,200 Speaker 1: by News Talks be. 118 00:05:30,760 --> 00:05:32,760 Speaker 2: FREDA don't have much good news on the job front 119 00:05:32,760 --> 00:05:34,960 Speaker 2: globally this morning. Either I gave you bad news yesterday. 120 00:05:34,960 --> 00:05:37,680 Speaker 2: I've got more numbers today. Pinterest fifteen percent of his 121 00:05:37,800 --> 00:05:41,919 Speaker 2: workforce are going there reallocating resource. How many peoples that 122 00:05:41,960 --> 00:05:43,920 Speaker 2: will do? Fifteen percent of four and a half thousand 123 00:05:43,920 --> 00:05:47,760 Speaker 2: people globally. AI has been cited now for the reason 124 00:05:47,839 --> 00:05:52,159 Speaker 2: for almost fifty five thousand layoffs in the US alone 125 00:05:52,240 --> 00:05:54,840 Speaker 2: last year. Meantime, Amazon are telling us this morning sixteen 126 00:05:54,880 --> 00:05:58,160 Speaker 2: thousand corporate jobs they're gone. They want to reduce bureaucracy, 127 00:05:58,520 --> 00:06:00,240 Speaker 2: and that's the second round of job cuts at that 128 00:06:00,320 --> 00:06:06,320 Speaker 2: place since October could get ugly fifteen past seconds. But 129 00:06:06,720 --> 00:06:09,560 Speaker 2: from generate Greg Smith, welcome to Thursday morning. 130 00:06:10,000 --> 00:06:10,960 Speaker 3: Thank you, Mike, good morning. 131 00:06:11,080 --> 00:06:13,640 Speaker 2: What I mean is it us We're a little sticky 132 00:06:13,839 --> 00:06:16,800 Speaker 2: and Britain's a little sticky in Australia. What a number. 133 00:06:17,600 --> 00:06:20,120 Speaker 3: Yeah, the inflation and dragon is certainly breathing fire again 134 00:06:20,160 --> 00:06:22,560 Speaker 3: across the Tasman. It's put the Reserve Bank in a 135 00:06:22,560 --> 00:06:24,760 Speaker 3: bit of a spot just months after it cut in 136 00:06:24,880 --> 00:06:28,600 Speaker 3: just right. So headline inflation that's at three point eight 137 00:06:28,600 --> 00:06:31,599 Speaker 3: percent December. That's the highest in six quarters. That's up 138 00:06:31,640 --> 00:06:33,760 Speaker 3: from three point four percent at the monthly read a 139 00:06:33,760 --> 00:06:38,440 Speaker 3: month previous. Core inflation that's reheated, they preferred trim mean 140 00:06:38,680 --> 00:06:41,320 Speaker 3: rising point nine percent in the quarter, three point four 141 00:06:41,360 --> 00:06:44,120 Speaker 3: percent year on year, So that's stubbornly above their two 142 00:06:44,120 --> 00:06:47,159 Speaker 3: to three percent banned and above forecasts as well. And 143 00:06:47,200 --> 00:06:49,680 Speaker 3: the details really interesting Mic as well. Housing costs are 144 00:06:49,720 --> 00:06:53,120 Speaker 3: up five and a half percent, Electricity prices they surged 145 00:06:53,160 --> 00:06:55,520 Speaker 3: more than twenty percent, rebates have rolled off there and 146 00:06:55,560 --> 00:06:58,880 Speaker 3: services inflation is running above four percent. The problem is 147 00:06:58,880 --> 00:07:01,919 Speaker 3: that these are all areas it's for central banks to control. 148 00:07:02,680 --> 00:07:05,840 Speaker 3: Alongside this labor market that's pretty tight unemployments back there 149 00:07:05,880 --> 00:07:09,040 Speaker 3: four percent, So that's removed the bearer from them tightly 150 00:07:09,080 --> 00:07:12,480 Speaker 3: and gain markets they erected pretty quickly yesterday, down now 151 00:07:12,520 --> 00:07:15,960 Speaker 3: pricing in a seventy percent chance of a rate hike. 152 00:07:16,840 --> 00:07:19,480 Speaker 3: That's an increase next week. So these trained dollar that's 153 00:07:19,480 --> 00:07:22,800 Speaker 3: responded three year high against the US dollar above seventy 154 00:07:22,880 --> 00:07:27,040 Speaker 3: cents currency, up almost five percent this year, they're getting 155 00:07:27,040 --> 00:07:29,720 Speaker 3: a bit more expensive to go there. And yeah, basically 156 00:07:29,720 --> 00:07:30,880 Speaker 3: looks like the RBA are going to have to do 157 00:07:30,920 --> 00:07:32,720 Speaker 3: a bit of a bit of a U turn and yeah, 158 00:07:33,280 --> 00:07:34,240 Speaker 3: raise rates next week. 159 00:07:34,360 --> 00:07:36,920 Speaker 2: Okay, talk to me about luxury. Our friends at Louis Baton, 160 00:07:36,960 --> 00:07:37,800 Speaker 2: where are they at. 161 00:07:38,200 --> 00:07:40,200 Speaker 3: Well, we are not going to be cracking the MAA 162 00:07:40,360 --> 00:07:44,440 Speaker 3: this year if you're an lvh H investor. Shares and 163 00:07:44,520 --> 00:07:47,800 Speaker 3: down eight percent Europe's largest luxury group of course, so 164 00:07:48,080 --> 00:07:52,200 Speaker 3: Louis Verton maay expensive handbags and the like. So revenue 165 00:07:52,520 --> 00:07:56,080 Speaker 3: pretty flat one percent growth twenty two point seven billion 166 00:07:56,120 --> 00:07:59,280 Speaker 3: on the quarter four year revenue eighty point eight billion. 167 00:07:59,360 --> 00:08:03,600 Speaker 3: That was down. So certainly the luctually good secrets perhaps stabilizing, 168 00:08:03,680 --> 00:08:05,600 Speaker 3: but certainly not a boom yet, bit of a positive 169 00:08:05,600 --> 00:08:09,040 Speaker 3: for them. Asia trends are improving versus twenty twenty four. 170 00:08:09,200 --> 00:08:11,640 Speaker 3: China actually looks to be turning a bit of a 171 00:08:11,680 --> 00:08:13,520 Speaker 3: corner that it's had a difficult few years, but the 172 00:08:13,600 --> 00:08:17,680 Speaker 3: recovery is uneven. Fashion and leather that's underlue for Tony 173 00:08:17,800 --> 00:08:21,240 Speaker 3: Or of course that saw sales for five percent for 174 00:08:21,320 --> 00:08:23,600 Speaker 3: the full year, that was worse than the previous year's decline. 175 00:08:23,920 --> 00:08:26,600 Speaker 3: Julian watch is actually going pretty well. And I suppose 176 00:08:26,640 --> 00:08:29,320 Speaker 3: what we're seeing here, Mike, is that wealthier consumers are 177 00:08:29,320 --> 00:08:31,880 Speaker 3: remaining resilient with those that are a bit more aspirational, 178 00:08:32,400 --> 00:08:35,880 Speaker 3: they're laying a bit margins remain underpression versus didn't like 179 00:08:35,920 --> 00:08:39,200 Speaker 3: that operating profit down nine percent. You've got the US 180 00:08:39,320 --> 00:08:43,320 Speaker 3: tariffs on alcohol, and you've got record high goal prices 181 00:08:43,320 --> 00:08:45,960 Speaker 3: that are not good obviously for their jewelry costs in 182 00:08:46,040 --> 00:08:48,800 Speaker 3: currency effects that actually alone count of more than half 183 00:08:48,880 --> 00:08:53,040 Speaker 3: the profit decline. You still that's been weak. That doesn't 184 00:08:53,080 --> 00:08:56,360 Speaker 3: bode well for American spinning in Europe, so that crimped 185 00:08:56,760 --> 00:09:01,240 Speaker 3: spin their European sales down two percent, and despite better 186 00:09:01,320 --> 00:09:04,439 Speaker 3: numbers in some places. Managements said that twenty twenty six 187 00:09:05,040 --> 00:09:09,160 Speaker 3: won't be simple, citing geopolitical risks, trade tensions. It's probably 188 00:09:09,160 --> 00:09:11,719 Speaker 3: a bit of an understatement. So yeah, it appears to 189 00:09:11,800 --> 00:09:14,160 Speaker 3: be stabilizing a bit, but certainly not rolling back positive 190 00:09:14,160 --> 00:09:16,240 Speaker 3: as China. But you have the US of growth engine 191 00:09:16,720 --> 00:09:19,080 Speaker 3: is seeing a bit of pressure, particularly offshore. So the 192 00:09:19,160 --> 00:09:21,360 Speaker 3: recovery is one that needs to prove itself and in 193 00:09:21,440 --> 00:09:23,080 Speaker 3: Vess clearly have their doubts. 194 00:09:22,920 --> 00:09:25,360 Speaker 2: Bring it back home. I mentioned jobs globally, what about 195 00:09:25,440 --> 00:09:27,640 Speaker 2: jobs here? What do we know flat? 196 00:09:27,880 --> 00:09:30,480 Speaker 3: So the details a bit more encouraging. This is phill 197 00:09:30,640 --> 00:09:33,640 Speaker 3: jobs unchanged in December. The interesting thing it was our 198 00:09:33,640 --> 00:09:36,199 Speaker 3: revisions are normally down. It was actually up for November, 199 00:09:36,240 --> 00:09:38,160 Speaker 3: so that was revised up to a half percent gain 200 00:09:38,240 --> 00:09:41,680 Speaker 3: from point three percent, So this is pretty rare. Prep 201 00:09:41,760 --> 00:09:44,440 Speaker 3: suggests the labor market is turning a corner in late 202 00:09:45,200 --> 00:09:48,080 Speaker 3: twenty twenty five. Obviously we've seen lots of green shoots Economically, 203 00:09:48,120 --> 00:09:50,880 Speaker 3: the labor market does tend to lag a bit. So 204 00:09:51,000 --> 00:09:53,839 Speaker 3: total fill jobs now around two point three five million, 205 00:09:53,960 --> 00:09:57,640 Speaker 3: small decline in December seven oh nine jobs and your 206 00:09:57,679 --> 00:10:01,320 Speaker 3: basis field jobs down point one percent, so they were 207 00:10:01,400 --> 00:10:05,800 Speaker 3: leveling out rather than accelerating. Services sectors that were sort 208 00:10:05,800 --> 00:10:10,200 Speaker 3: of looking pretty good were services but producing in prime 209 00:10:10,280 --> 00:10:14,360 Speaker 3: industries they saw declined construction that's still lagging week spot 210 00:10:14,400 --> 00:10:17,839 Speaker 3: down three percent. Public seat industries they're doing pretty well. 211 00:10:17,880 --> 00:10:21,720 Speaker 3: Tourism is improving. Good news there. Regionally, as we've seen 212 00:10:21,760 --> 00:10:24,360 Speaker 3: above that data, it's a bit diverse, so Canaby and 213 00:10:24,440 --> 00:10:27,680 Speaker 3: Tago growing, alkinh and Wellington still shedding jobs. So i'd 214 00:10:27,720 --> 00:10:31,080 Speaker 3: even recovery overall. Just looking at the demographics. Prime age workers, 215 00:10:31,640 --> 00:10:34,760 Speaker 3: those age thirty five to forty four pretty strong. Different 216 00:10:34,840 --> 00:10:38,720 Speaker 3: story for age fifteen to nineteen, phil jobs fell four percent. 217 00:10:39,040 --> 00:10:41,160 Speaker 3: I mean our used to doing it tough, Mike and 218 00:10:41,200 --> 00:10:43,240 Speaker 3: I can personally attest this. The member of our household 219 00:10:43,480 --> 00:10:45,920 Speaker 3: it's been looking for an apprenticeship for fifteen months to 220 00:10:45,960 --> 00:10:48,760 Speaker 3: know al it's tough if you're coming out of school. Overall, 221 00:10:48,760 --> 00:10:52,040 Speaker 3: waging still rising, earnings up one point one percent, so 222 00:10:52,080 --> 00:10:55,760 Speaker 3: there's demand firm where jobs are being created. But December 223 00:10:55,800 --> 00:10:59,360 Speaker 3: pretty quiet, but November revision was interesting. Are we seeing 224 00:10:59,360 --> 00:11:01,319 Speaker 3: in early stages of recovery? We're going to get more 225 00:11:01,320 --> 00:11:05,000 Speaker 3: of a pointer with official unemployment figures next week. 226 00:11:05,160 --> 00:11:08,920 Speaker 2: Numbers please, the down is flat. 227 00:11:08,600 --> 00:11:10,600 Speaker 3: Forty nine zero one seven s and P five hundred 228 00:11:10,920 --> 00:11:13,280 Speaker 3: is down point one per cent six nine seven one, 229 00:11:13,520 --> 00:11:15,880 Speaker 3: nas dock down point one per cent, twenty three seven 230 00:11:16,080 --> 00:11:19,199 Speaker 3: nine six footy one hundred down one percent five nine 231 00:11:19,360 --> 00:11:22,439 Speaker 3: three nine Stocks fifty down point five percent, ten to 232 00:11:22,520 --> 00:11:26,319 Speaker 3: one five four Nickey up point five percent, fifty three 233 00:11:26,440 --> 00:11:28,400 Speaker 3: three five a A six two hundred down point one 234 00:11:28,440 --> 00:11:31,280 Speaker 3: per cent eight nine three three ns X fifty down 235 00:11:31,320 --> 00:11:35,080 Speaker 3: point seven cent, thirteen four one two gold Wow up 236 00:11:35,200 --> 00:11:39,240 Speaker 3: two hundred and six dollars five thousand, three hundred and 237 00:11:39,280 --> 00:11:43,040 Speaker 3: twenty seven an ounce oil up thirty five cents sixty 238 00:11:43,040 --> 00:11:46,280 Speaker 3: two spot seventy five currencies against the US dollars sixty 239 00:11:46,280 --> 00:11:49,240 Speaker 3: point three down point three percent, a dollar flat eighty 240 00:11:49,280 --> 00:11:51,800 Speaker 3: six point three for the Kiwi British pound forty three 241 00:11:51,800 --> 00:11:55,360 Speaker 3: point seven versus Kiwi up point two percent. Japanese yen 242 00:11:55,480 --> 00:11:57,800 Speaker 3: ninety two point six. That's up point six percent. And 243 00:11:57,960 --> 00:11:58,760 Speaker 3: we wait for the feed. 244 00:11:58,920 --> 00:12:01,000 Speaker 2: Drumroll, Yes we do. Eight o'clock this morning. Have a 245 00:12:01,000 --> 00:12:03,280 Speaker 2: good one. We'll see you tomorrow. Greg Smith generate a 246 00:12:03,320 --> 00:12:06,160 Speaker 2: wealth and key We Saver specialists pasking and if you 247 00:12:06,200 --> 00:12:09,000 Speaker 2: can't afford the afure mentioned gold silver quote unquote has 248 00:12:09,000 --> 00:12:12,240 Speaker 2: become retail's new favorite toys so you can get in. 249 00:12:12,800 --> 00:12:14,319 Speaker 2: All you can do what a lot of people are 250 00:12:14,360 --> 00:12:17,560 Speaker 2: doing is bet on it crashing. So you either bet 251 00:12:17,600 --> 00:12:19,840 Speaker 2: on it going up or you bet on it crashing. 252 00:12:20,040 --> 00:12:29,880 Speaker 2: You're pick six twenty one. You're a News Talks Enbo. 253 00:12:27,120 --> 00:12:31,640 Speaker 1: The Mic Hosking Breakfast Full Show podcast on iHeartRadio powered 254 00:12:31,640 --> 00:12:32,599 Speaker 1: by News Talks B. 255 00:12:33,640 --> 00:12:36,120 Speaker 2: Not just the OS dollar, the Swiss frank this morning 256 00:12:36,160 --> 00:12:38,920 Speaker 2: sits in an eleven year high. You ask yourself, why 257 00:12:39,200 --> 00:12:41,920 Speaker 2: are because it's seen as safe haven sort of like gold. 258 00:12:43,000 --> 00:12:45,880 Speaker 2: Problem is thoy on the verge of disinflation and negative 259 00:12:45,880 --> 00:12:47,920 Speaker 2: interest rates, which leaves the central bank going, what the 260 00:12:47,960 --> 00:12:48,480 Speaker 2: hell do we do? 261 00:12:48,520 --> 00:12:48,600 Speaker 11: Now? 262 00:12:48,640 --> 00:12:50,280 Speaker 2: It's up three and a half percent of the US dollar. 263 00:12:50,360 --> 00:12:53,040 Speaker 2: The US dollars in some real trouble for some fairly 264 00:12:53,080 --> 00:12:56,240 Speaker 2: obvious reasons, one of which is Trump mouthed off about 265 00:12:56,240 --> 00:12:58,760 Speaker 2: troops and NATO and Afghanistan, and of course that just 266 00:12:58,800 --> 00:13:01,960 Speaker 2: infuriated basically everybody. You don't do that, including Maloney, who's 267 00:13:02,000 --> 00:13:04,160 Speaker 2: weighed and Joe mckinnish. Shortly six to twenty five. 268 00:13:04,360 --> 00:13:08,960 Speaker 1: Trending now with Gimmo Warehouse, your home of summer essentials. 269 00:13:09,000 --> 00:13:11,439 Speaker 2: We'll also got outrage in American football mixed with a 270 00:13:11,520 --> 00:13:14,200 Speaker 2: dose of disbelief this morning. So Bill Belichick greatest coach 271 00:13:14,240 --> 00:13:17,200 Speaker 2: in sports history. I mean he's just that's in dispute 272 00:13:17,200 --> 00:13:20,400 Speaker 2: of fact. Six super Bowls alongside his quarterback Tom Brady. 273 00:13:20,400 --> 00:13:22,280 Speaker 2: Of course two more rings as an assistant coach. Of 274 00:13:22,360 --> 00:13:25,160 Speaker 2: that is eight. Eight is a record third most regular 275 00:13:25,200 --> 00:13:28,120 Speaker 2: season wins of all time, the most postseason wins of 276 00:13:28,160 --> 00:13:30,640 Speaker 2: all time. So this year he becomes eligible for the 277 00:13:30,760 --> 00:13:33,920 Speaker 2: NFL Hall of Fame, but he hasn't made it on 278 00:13:33,960 --> 00:13:36,400 Speaker 2: the first ballot. He's missed out. You need forty votes 279 00:13:36,520 --> 00:13:39,079 Speaker 2: from the fifty judges. Didn't get them. No one can 280 00:13:39,120 --> 00:13:39,559 Speaker 2: believe it. 281 00:13:39,640 --> 00:13:42,480 Speaker 12: Bill Belichick is not a first ballot Hall of Famer. 282 00:13:42,760 --> 00:13:44,600 Speaker 13: Who in the hill made that decision. 283 00:13:44,720 --> 00:13:47,200 Speaker 8: It's one of the biggest travesties in all sports. 284 00:13:47,280 --> 00:13:48,120 Speaker 4: Are you kidding me? 285 00:13:48,480 --> 00:13:50,560 Speaker 8: What they did is they made the Hall of Fame 286 00:13:50,600 --> 00:13:53,400 Speaker 8: about not who got in, but who didn't get in and. 287 00:13:53,440 --> 00:13:55,920 Speaker 14: The voters who have no guts whatsoever. 288 00:13:56,240 --> 00:14:00,120 Speaker 8: This is not nuclear physics or some major play Hi 289 00:14:00,240 --> 00:14:01,480 Speaker 8: Jack with the United States. 290 00:14:01,600 --> 00:14:04,680 Speaker 2: Put your name to it. If you have both of Barichick. 291 00:14:04,240 --> 00:14:04,960 Speaker 15: Put your name to it. 292 00:14:05,000 --> 00:14:07,600 Speaker 2: That's the most asinine thing that I've heard in quite 293 00:14:07,640 --> 00:14:09,839 Speaker 2: some time. Sit down. That's all I'm gonna say. 294 00:14:09,920 --> 00:14:13,000 Speaker 4: We should boycott that bad boy. Nobody should show. 295 00:14:12,880 --> 00:14:16,080 Speaker 1: Up, Nobody should want to go into that Hall of fame. 296 00:14:16,160 --> 00:14:18,520 Speaker 4: If Bill Belichick n is the first battle Hall of Fame. 297 00:14:18,840 --> 00:14:21,280 Speaker 2: Belichick said he got told over the phone. He said, 298 00:14:21,280 --> 00:14:24,280 Speaker 2: what six super Bowls isn't enough? The greatest coach of 299 00:14:24,320 --> 00:14:27,520 Speaker 2: all though I said Belichick was, but the greatest coach 300 00:14:27,520 --> 00:14:30,760 Speaker 2: of all says this. It is the same mindset that 301 00:14:30,920 --> 00:14:34,080 Speaker 2: gave pro football the new and unwatchable sissy kickoff rule 302 00:14:34,400 --> 00:14:36,560 Speaker 2: that made it possible for Bill Belichick to not be 303 00:14:36,600 --> 00:14:39,520 Speaker 2: elected into the Pro Football Hall of Fame. Both are 304 00:14:39,600 --> 00:14:44,640 Speaker 2: ridiculous and should be overturned. Donald J. Trump, thank you 305 00:14:44,680 --> 00:14:47,720 Speaker 2: for your attention to this matter. Speaking of Donald J. Trump, 306 00:14:47,800 --> 00:14:52,240 Speaker 2: Stephen Colbert, close friend, they've announced overnight that the Final 307 00:14:52,280 --> 00:14:53,880 Speaker 2: Show You Knew was having a final show, and it 308 00:14:53,920 --> 00:14:56,560 Speaker 2: was this year. The final show will be May twenty one. 309 00:14:56,880 --> 00:15:00,000 Speaker 2: If that means anything to you, I find in person 310 00:15:00,440 --> 00:15:05,280 Speaker 2: moderately and sufferable. So been a sey Lar v. Judith 311 00:15:05,280 --> 00:15:08,880 Speaker 2: Collins after seven point thirty. Apparently we're falling over a lot. 312 00:15:08,920 --> 00:15:10,720 Speaker 2: And when we fall over, not only do we want 313 00:15:10,760 --> 00:15:13,560 Speaker 2: to claim acc but we ring an ambulance. Ambulances have 314 00:15:13,720 --> 00:15:15,520 Speaker 2: never been more busy, more stats. 315 00:15:15,560 --> 00:15:20,800 Speaker 1: Shortly, the newsmakers and the personalities, the big names talk 316 00:15:21,080 --> 00:15:24,680 Speaker 1: to make the Mic Hosking breakfast with Bailey's real Estate 317 00:15:24,840 --> 00:15:28,480 Speaker 1: doing real estate differently since nineteen seventy three news talks 318 00:15:28,480 --> 00:15:28,920 Speaker 1: had been. 319 00:15:28,920 --> 00:15:31,400 Speaker 2: I was wondering about Harry Styles the other day's new album. 320 00:15:31,440 --> 00:15:33,280 Speaker 2: I can't remember the name of his new album, but 321 00:15:33,360 --> 00:15:35,440 Speaker 2: it's a brilliant name, I thought. When he announced, I 322 00:15:35,440 --> 00:15:38,360 Speaker 2: thought that's clever. Anyway, I thought, how big a deal 323 00:15:38,440 --> 00:15:41,520 Speaker 2: is Harry Styles still turns out super big. He's broken 324 00:15:41,560 --> 00:15:45,600 Speaker 2: the record overnight. He's announced his twelfth concert at Wembley. 325 00:15:46,640 --> 00:15:48,240 Speaker 2: Part of that is you're not going anywhere else in 326 00:15:48,280 --> 00:15:50,520 Speaker 2: Britain and that's got the poms moaning. Are they moaning 327 00:15:50,560 --> 00:15:53,240 Speaker 2: about the price, which surprises me anyway, the previous record 328 00:15:53,280 --> 00:15:56,200 Speaker 2: was Coldplay at ten swift to eight, so she held 329 00:15:56,240 --> 00:15:59,520 Speaker 2: the record for a single artist. Coldplay band ten with 330 00:15:59,560 --> 00:16:02,760 Speaker 2: their jumotron. Anyway, they're moaning about the prices. But the 331 00:16:02,800 --> 00:16:06,000 Speaker 2: prices starts at forty four pounds, which olden the thoughts bad. 332 00:16:06,000 --> 00:16:08,040 Speaker 2: It goes to four sixty six but at forty four 333 00:16:08,080 --> 00:16:11,080 Speaker 2: Olden the thoughts problem anyway, he's hot to record twelve. 334 00:16:11,080 --> 00:16:15,200 Speaker 2: But Wembley twenty three minutes away from seven to the 335 00:16:15,400 --> 00:16:17,560 Speaker 2: ice agent's going to the Winter Olympics in Italy has 336 00:16:17,640 --> 00:16:20,520 Speaker 2: not gone down well, so Joe McKenna shortly on that. 337 00:16:20,600 --> 00:16:22,880 Speaker 2: I tell you who's the growth industry here though, Ambo's 338 00:16:23,240 --> 00:16:26,240 Speaker 2: last year we had seven hundred and six thousand, one 339 00:16:26,320 --> 00:16:28,960 Speaker 2: hundred ninety four emergency calls for an ambulance, which is 340 00:16:29,040 --> 00:16:31,360 Speaker 2: up thirty percent, and five years frontline cruise are ten 341 00:16:31,360 --> 00:16:33,000 Speaker 2: to five hundred and fifty one thousand, three hundred and 342 00:16:33,040 --> 00:16:35,840 Speaker 2: ninety nine incidents. That's a seventeen percent increase. Falls are 343 00:16:35,840 --> 00:16:38,280 Speaker 2: your biggest single call out. Ian Powlder's a health commentator 344 00:16:38,320 --> 00:16:39,840 Speaker 2: of course, and is back with this. Ian, very good 345 00:16:39,880 --> 00:16:40,440 Speaker 2: morning to you. 346 00:16:41,160 --> 00:16:41,920 Speaker 4: Good morning mate. 347 00:16:41,960 --> 00:16:44,080 Speaker 2: So one in seven of us I did quick math, 348 00:16:44,120 --> 00:16:45,960 Speaker 2: so I think that's right. One in seven of us 349 00:16:46,040 --> 00:16:47,800 Speaker 2: will call an ambulance. Is that normal? 350 00:16:49,120 --> 00:16:53,000 Speaker 16: Well, it's increasing, and it's been increasing for some years. 351 00:16:53,000 --> 00:16:57,800 Speaker 16: What's happened with our ambulance services mirroring the mirrors, what's 352 00:16:57,800 --> 00:17:00,960 Speaker 16: happening with our hospital system, public hoste system in terms 353 00:17:01,040 --> 00:17:05,640 Speaker 16: of what we call acute missions. Acute missions are those 354 00:17:05,680 --> 00:17:08,960 Speaker 16: things that cannot be deferred. You can't sort of say, what, 355 00:17:09,400 --> 00:17:11,840 Speaker 16: we'll give you a procedure in a month's time. You've 356 00:17:11,840 --> 00:17:13,359 Speaker 16: got to do it in the next one or two 357 00:17:13,480 --> 00:17:16,800 Speaker 16: or three days, that kind of time frame. And so 358 00:17:17,119 --> 00:17:22,720 Speaker 16: and the patients that since twenty eleven, the rate of 359 00:17:24,480 --> 00:17:28,840 Speaker 16: hospital acute admissions has increased at a higher rate than 360 00:17:29,440 --> 00:17:33,399 Speaker 16: than population growth. And what that means, that's a tipping point. 361 00:17:33,600 --> 00:17:38,400 Speaker 16: That means that we have overcrowded hospitals, we have overcrowded 362 00:17:38,400 --> 00:17:43,040 Speaker 16: emergency departments. And it's the same driver with ambulances, is 363 00:17:43,080 --> 00:17:48,520 Speaker 16: that rising acute demand. And they said John's statement makes 364 00:17:48,520 --> 00:17:51,520 Speaker 16: it clear that it's the high acuity patients that is 365 00:17:51,560 --> 00:17:53,720 Speaker 16: the biggest driver of the piece. 366 00:17:54,480 --> 00:17:56,720 Speaker 2: So we interrupt you, sir, just so I get My 367 00:17:56,880 --> 00:17:59,680 Speaker 2: assumption was that we like eed tune up at d 368 00:17:59,720 --> 00:18:01,359 Speaker 2: because we can't be bother going to the doctor or 369 00:18:01,359 --> 00:18:03,239 Speaker 2: the doctor's not open or close to so we'll ring 370 00:18:03,280 --> 00:18:05,200 Speaker 2: an ambulance just in case you're telling me, these are 371 00:18:05,280 --> 00:18:10,520 Speaker 2: genuine cases that need need an ambulance and they're increasing. 372 00:18:11,000 --> 00:18:15,040 Speaker 16: Absolutely absolutely what's happening to us? Well, I think that well, 373 00:18:15,080 --> 00:18:18,480 Speaker 16: first of all, we're getting older. The second is that 374 00:18:18,520 --> 00:18:22,000 Speaker 16: there is population growth. But the other thing is sometimes 375 00:18:22,000 --> 00:18:25,360 Speaker 16: what's called the social determinants of health, but it's essentially 376 00:18:25,600 --> 00:18:31,320 Speaker 16: factors like poverty load which in low incomes, poor housing. 377 00:18:31,920 --> 00:18:34,320 Speaker 16: A number of those things are making people who are 378 00:18:34,359 --> 00:18:38,479 Speaker 16: sick even sicker. And and those three things come together. 379 00:18:39,240 --> 00:18:41,159 Speaker 16: I don't know whether they're can have a tripod vice 380 00:18:41,400 --> 00:18:42,560 Speaker 16: that is a bit like that. 381 00:18:43,600 --> 00:18:47,199 Speaker 2: I don't It doesn't explain falls though, poverty, race, deprivation 382 00:18:47,280 --> 00:18:48,560 Speaker 2: doesn't explain falling over. 383 00:18:48,520 --> 00:18:52,919 Speaker 16: Does it. Well, it's probably more to do with aging, right, 384 00:18:53,920 --> 00:18:57,600 Speaker 16: And I have a neighbor who's a semi retired builder, 385 00:18:57,960 --> 00:19:00,199 Speaker 16: and his comment to me from time to time that 386 00:19:00,240 --> 00:19:03,439 Speaker 16: when we fall over, we don't bounce like we used to. 387 00:19:04,840 --> 00:19:08,960 Speaker 16: And essentially what that one of the biggest drivers of 388 00:19:09,200 --> 00:19:13,160 Speaker 16: falls is frailty. And the older you get, the more 389 00:19:13,359 --> 00:19:17,199 Speaker 16: likely is that the frailer you're going to get. Some 390 00:19:17,240 --> 00:19:20,800 Speaker 16: of these things, with better support systems can be prevented, 391 00:19:20,800 --> 00:19:24,040 Speaker 16: as Saint John's say, but it is a big factor, all. 392 00:19:24,040 --> 00:19:25,880 Speaker 2: Right, nice and side, and I appreciate that very much. 393 00:19:25,920 --> 00:19:28,080 Speaker 2: That answers my question. And I was wrong. My assumption 394 00:19:28,200 --> 00:19:32,159 Speaker 2: was wrong. I pale health commentator. Small help if I 395 00:19:32,200 --> 00:19:34,720 Speaker 2: could ask for it this morning from Saint John. When 396 00:19:34,760 --> 00:19:37,320 Speaker 2: we ring you at ten to five, and you may say, 397 00:19:37,320 --> 00:19:39,480 Speaker 2: why are we interviewing in pale health commentator and not 398 00:19:39,560 --> 00:19:42,160 Speaker 2: Sint John? Very good question. When I ring you at 399 00:19:42,160 --> 00:19:44,200 Speaker 2: ten to five in the afternoon to tell me you've 400 00:19:44,240 --> 00:19:46,040 Speaker 2: logged off for the day and there's no one available, 401 00:19:46,080 --> 00:19:48,320 Speaker 2: isn't that helpful? And if you want to put out 402 00:19:48,359 --> 00:19:50,520 Speaker 2: a press release and tell us how busy you all are, 403 00:19:51,400 --> 00:19:53,600 Speaker 2: don't go home. Early nineteen to two. 404 00:19:54,720 --> 00:19:59,160 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio pw 405 00:19:59,160 --> 00:19:59,960 Speaker 1: it by News. 406 00:19:59,760 --> 00:20:03,040 Speaker 2: Talk Now, if you look into the smartest way to 407 00:20:03,040 --> 00:20:05,360 Speaker 2: boost your home's value in the static market, and we'll 408 00:20:05,359 --> 00:20:08,000 Speaker 2: talk about housing after just before seven and after seven o'clock, 409 00:20:08,080 --> 00:20:09,840 Speaker 2: listen up this We've got the answer. You do it 410 00:20:09,960 --> 00:20:12,720 Speaker 2: kitchens right, you do it. So this year they're celebrating 411 00:20:12,760 --> 00:20:17,119 Speaker 2: fifty years fantastic. They've helped Kiwii homeowners create superior quality 412 00:20:17,240 --> 00:20:19,760 Speaker 2: kitchens incredibly affordable prices. This is the magic of it. 413 00:20:19,760 --> 00:20:20,920 Speaker 2: No one can match. 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They're only email away anyway, if 423 00:20:47,240 --> 00:20:49,720 Speaker 2: you got some questions. When the housing market is flat, 424 00:20:49,800 --> 00:20:53,040 Speaker 2: strategic improvements are your best investments to get the exact 425 00:20:53,119 --> 00:20:55,400 Speaker 2: kitchen you want, add real value to your home because 426 00:20:55,400 --> 00:20:57,440 Speaker 2: nothing beats a kitchen or a bathroom reno, and save 427 00:20:57,520 --> 00:21:00,720 Speaker 2: thousands in the process. You do it, you d you it. 428 00:21:01,240 --> 00:21:04,440 Speaker 2: Their customers very proud to say I did it myself. 429 00:21:05,760 --> 00:21:09,240 Speaker 2: My hero of the day is Ilhan Omar. Watched the 430 00:21:09,320 --> 00:21:11,200 Speaker 2: video if you missed it. She's in a town hall, 431 00:21:11,840 --> 00:21:17,320 Speaker 2: she's speaking US Minnesota. She's speaking raging nut job comes 432 00:21:17,320 --> 00:21:21,280 Speaker 2: at her with a syringe that alone would have seen 433 00:21:21,280 --> 00:21:24,040 Speaker 2: most people running for their lives. They haven't. I don't 434 00:21:24,040 --> 00:21:26,119 Speaker 2: think identified. It looks like urine to me. They're a 435 00:21:26,160 --> 00:21:28,199 Speaker 2: bit worried it was a bit poisonous, but anyway, so 436 00:21:28,359 --> 00:21:33,119 Speaker 2: he's spraser, so instead of ducking for cover, she chases them. 437 00:21:33,680 --> 00:21:37,240 Speaker 2: So she's a small woman going after him, and I thought, 438 00:21:37,480 --> 00:21:39,520 Speaker 2: you go, girl, six forty. 439 00:21:39,200 --> 00:21:43,639 Speaker 14: Five International correspondence with ends in eye insurance, peace of 440 00:21:43,680 --> 00:21:46,000 Speaker 14: mind for New Zealand business and just for the re thought. 441 00:21:45,840 --> 00:21:47,439 Speaker 2: I would have run for my life. If you're just 442 00:21:47,480 --> 00:21:50,600 Speaker 2: in case you're wondering, Joe, how are you great? 443 00:21:50,640 --> 00:21:50,880 Speaker 12: Mike? 444 00:21:50,920 --> 00:21:53,240 Speaker 2: How are you very good? Had this ic thing? I 445 00:21:53,280 --> 00:21:55,440 Speaker 2: can only imagine how it's gone down in Italy with 446 00:21:55,520 --> 00:21:57,560 Speaker 2: the Olympics, the Winter Olympics coming up. 447 00:21:58,080 --> 00:22:00,399 Speaker 12: Well, first of all, there was plenty of confusion because 448 00:22:00,400 --> 00:22:03,160 Speaker 12: I started sharing this information with other journalists and they said, 449 00:22:03,200 --> 00:22:06,760 Speaker 12: that's ridiculous. Those ICE agents can't move outside the US. 450 00:22:07,040 --> 00:22:09,600 Speaker 12: And suddenly we're hearing that they're going to be part 451 00:22:09,640 --> 00:22:14,200 Speaker 12: of a security detail at the Olympics. The Interior Ministry 452 00:22:14,280 --> 00:22:17,800 Speaker 12: and the US Embassy in Rome have confirmed that. Will 453 00:22:17,840 --> 00:22:21,480 Speaker 12: they be traveling with Marco Rubio, the Secretary of State, 454 00:22:21,520 --> 00:22:22,920 Speaker 12: and the US Vice President JD. 455 00:22:23,040 --> 00:22:23,280 Speaker 6: Vance. 456 00:22:23,359 --> 00:22:27,320 Speaker 12: I think so. But they're supposed to be coming to 457 00:22:27,440 --> 00:22:31,600 Speaker 12: the Olympics to monitor transnational criminal organizations. So I don't 458 00:22:31,600 --> 00:22:32,320 Speaker 12: know what that's about. 459 00:22:32,480 --> 00:22:33,840 Speaker 2: Jeez, So what are they going to do about There's 460 00:22:33,840 --> 00:22:35,840 Speaker 2: nothing you can do about it apart from be outraged. 461 00:22:36,200 --> 00:22:37,520 Speaker 2: Is something going to happen? 462 00:22:38,320 --> 00:22:40,880 Speaker 12: It doesn't look like it, But I certainly a lot 463 00:22:40,880 --> 00:22:43,520 Speaker 12: of concern across Italy and it wouldn't surprise me if 464 00:22:43,520 --> 00:22:46,919 Speaker 12: we see some major protests over this, because people are 465 00:22:46,960 --> 00:22:48,080 Speaker 12: pretty unhappy about it. 466 00:22:48,359 --> 00:22:50,280 Speaker 2: That a side. Are they buzzing about the Olympics? Is 467 00:22:50,280 --> 00:22:52,320 Speaker 2: this a cash win for the country. 468 00:22:53,040 --> 00:22:55,280 Speaker 12: I'm wondering if that might be exaggerated. We hear that 469 00:22:55,440 --> 00:22:59,199 Speaker 12: every time the Olympics are held, the Italian economy is 470 00:22:59,320 --> 00:23:03,040 Speaker 12: losing track. After growing less than one percent in twenty 471 00:23:03,080 --> 00:23:07,080 Speaker 12: twenty four, it doesn't look that good this year. Predictions 472 00:23:07,119 --> 00:23:08,960 Speaker 12: that it will be a bit of a windfall, but 473 00:23:09,040 --> 00:23:13,879 Speaker 12: I'm seeing today that the Confindustria, the largest business organization, 474 00:23:14,080 --> 00:23:17,280 Speaker 12: is saying the Italian economy is pretty much frozen at 475 00:23:17,280 --> 00:23:21,399 Speaker 12: the moment. Mike weak dollar, the dramas over Venezuela and 476 00:23:21,440 --> 00:23:24,760 Speaker 12: Greenland coming from the US President Donald Trump, fueling a 477 00:23:24,760 --> 00:23:27,600 Speaker 12: lot of uncertainty. People are saving and they don't want 478 00:23:27,640 --> 00:23:28,040 Speaker 12: to spend. 479 00:23:28,320 --> 00:23:31,360 Speaker 2: Yeah, then we come to speaking of Trump, America, etc. 480 00:23:31,680 --> 00:23:35,720 Speaker 2: This business. He didn't apologize. He sort of spoke nicely 481 00:23:35,760 --> 00:23:38,680 Speaker 2: of the British the next day. But this Afghanistan thing 482 00:23:38,840 --> 00:23:42,960 Speaker 2: was a horrific mistake. And Maloney, I guess, must walk 483 00:23:42,960 --> 00:23:47,080 Speaker 2: a fine line between being his mate and reminding him 484 00:23:47,160 --> 00:23:48,280 Speaker 2: you don't say stuff like that. 485 00:23:48,920 --> 00:23:53,200 Speaker 12: Yeah, exactly this time. I was surprised, and the comments 486 00:23:53,240 --> 00:23:56,000 Speaker 12: that she made almost got swallowed up because soon after 487 00:23:56,560 --> 00:23:59,800 Speaker 12: she made these comments, President Trump backed away from what 488 00:23:59,840 --> 00:24:04,080 Speaker 12: he said. But I was shocked. She was very outspoken, 489 00:24:04,240 --> 00:24:07,560 Speaker 12: defending Italian troops and saying that they were on the 490 00:24:07,560 --> 00:24:10,639 Speaker 12: front line. They were there supporting the US troops and 491 00:24:10,680 --> 00:24:14,440 Speaker 12: the Allies in Afghanistan. And she was amazed to learn 492 00:24:14,560 --> 00:24:18,359 Speaker 12: of President Trump's declaration, so very very strong words, I thought, 493 00:24:18,440 --> 00:24:21,240 Speaker 12: And I'm wondering if we might see more of that. 494 00:24:21,240 --> 00:24:23,440 Speaker 12: That is, she willing to stand up for him, up 495 00:24:23,480 --> 00:24:25,680 Speaker 12: to him over issues that she thinks is important. 496 00:24:25,920 --> 00:24:29,240 Speaker 2: Exactly now, listener, I am, I suppose everyone is when 497 00:24:29,240 --> 00:24:31,280 Speaker 2: you got this town hanging on the Egypt the club, 498 00:24:31,280 --> 00:24:33,760 Speaker 2: what do you do for goodness? 499 00:24:33,800 --> 00:24:39,200 Speaker 12: So the vision is incredible, it's amazing. So this Sicilian 500 00:24:39,200 --> 00:24:41,560 Speaker 12: town is looks like it's really hanging off a cliff 501 00:24:41,760 --> 00:24:45,080 Speaker 12: after the cyclone passed through the last week or so, 502 00:24:46,400 --> 00:24:49,120 Speaker 12: people have been evacuated. Hundreds of people have been evacuated. 503 00:24:49,520 --> 00:24:53,520 Speaker 12: The Prime Minister Maloney was down there today state of 504 00:24:53,560 --> 00:24:57,280 Speaker 12: emergency one hundred million euros set aside for Sicily, Colabria 505 00:24:57,280 --> 00:25:00,320 Speaker 12: and Sardinia. But the big question is will this town 506 00:25:00,640 --> 00:25:03,240 Speaker 12: continue to fall off the cliff because we're still seeing 507 00:25:03,400 --> 00:25:06,439 Speaker 12: subsidence from the area. 508 00:25:06,560 --> 00:25:08,520 Speaker 2: But I mean, you've you've got to coordinate I mean 509 00:25:08,720 --> 00:25:11,160 Speaker 2: the back end of the town which is away from 510 00:25:11,200 --> 00:25:13,440 Speaker 2: the cliff. I mean, you could argue, don't worry, you'll 511 00:25:13,440 --> 00:25:15,240 Speaker 2: be fine, but you've got to do something with the 512 00:25:15,240 --> 00:25:19,080 Speaker 2: front end and the problem that you have. See, we haven't. 513 00:25:19,400 --> 00:25:21,520 Speaker 2: The reason I'm so fascinated. We have this great debate 514 00:25:21,560 --> 00:25:24,600 Speaker 2: in this country of building in places that we shouldn't 515 00:25:24,600 --> 00:25:28,200 Speaker 2: be building, whereas you guys built thousands of years ago, 516 00:25:28,240 --> 00:25:29,920 Speaker 2: and you can't really blame the people who did it 517 00:25:29,960 --> 00:25:31,359 Speaker 2: at the time. So what do you do. Do you 518 00:25:31,400 --> 00:25:32,639 Speaker 2: have to compensate people or what? 519 00:25:33,359 --> 00:25:36,720 Speaker 12: Yeah? Well, I mean the chasm continues to widen, so 520 00:25:36,840 --> 00:25:38,879 Speaker 12: we might see the whole town fall off the cliff. 521 00:25:38,920 --> 00:25:39,719 Speaker 12: That'll be interesting. 522 00:25:40,000 --> 00:25:41,800 Speaker 2: I reckon, Hey, you're on holiday. 523 00:25:42,560 --> 00:25:42,760 Speaker 3: Yep. 524 00:25:42,800 --> 00:25:45,760 Speaker 12: I'm off to Melbourne in the next couple of days, 525 00:25:45,760 --> 00:25:48,520 Speaker 12: so I will see you the last week of February. 526 00:25:48,600 --> 00:25:50,480 Speaker 2: You've seen how hot it is in Melbourne this week 527 00:25:50,920 --> 00:25:51,520 Speaker 2: I have. 528 00:25:51,800 --> 00:25:52,879 Speaker 12: I'm a little nervous about that. 529 00:25:53,960 --> 00:25:55,480 Speaker 2: Go well, have a good time. We'll see you soon. 530 00:25:56,000 --> 00:25:58,600 Speaker 2: Appreciate it. Joe McKenna and Italy Catherine will be doing 531 00:25:58,600 --> 00:26:01,040 Speaker 2: the business for the next couple of weeks away from seven. 532 00:26:01,200 --> 00:26:04,040 Speaker 4: So my costing breakfast with the defender and use tog 533 00:26:04,080 --> 00:26:04,359 Speaker 4: sad B. 534 00:26:04,840 --> 00:26:07,360 Speaker 2: I'm outraged. Neil Crompton. I'll come back to it. Neil 535 00:26:07,400 --> 00:26:10,720 Speaker 2: Crompton supercars commentator, legend and the sport has been sacked 536 00:26:11,640 --> 00:26:15,080 Speaker 2: and yet another one of those television moves by television 537 00:26:15,080 --> 00:26:17,760 Speaker 2: people who don't know anything. Anyway, I'll come back to it. 538 00:26:17,840 --> 00:26:22,520 Speaker 2: Deterte Philippines ic. See he's decided he can stand trial. 539 00:26:22,520 --> 00:26:25,520 Speaker 2: There having a hearing feb twenty three to decide whether 540 00:26:25,520 --> 00:26:28,240 Speaker 2: the prosecution's case against him. It's all, you know, humanity 541 00:26:28,280 --> 00:26:31,120 Speaker 2: and stuff like that. Anyway, he's eighty. The lawyer ran 542 00:26:31,160 --> 00:26:33,520 Speaker 2: the usual line, he's a bit you know, he's a 543 00:26:33,560 --> 00:26:35,879 Speaker 2: bit spacey to turn up and they didn't believe that 544 00:26:35,880 --> 00:26:40,200 Speaker 2: for a moment. Israel's presidents confirm herzog. He's going to Australia. 545 00:26:40,280 --> 00:26:43,480 Speaker 2: He's arriving Fairbaits five days, Bondie, et cetera. So that 546 00:26:43,600 --> 00:26:46,879 Speaker 2: set everybody off on the old Angst watch. So the 547 00:26:46,920 --> 00:26:50,360 Speaker 2: protests are already being organized. And while we're in Australia 548 00:26:50,359 --> 00:26:53,320 Speaker 2: a little Proud. You've never seen a political career blow 549 00:26:53,400 --> 00:26:56,560 Speaker 2: up quite as spectacularly as his. So he is the 550 00:26:56,640 --> 00:27:00,639 Speaker 2: leader of the NATS. The coalition's fallen apart, but he 551 00:27:00,800 --> 00:27:03,760 Speaker 2: was gunning for Lee. In gunning for Lee, some guy 552 00:27:03,840 --> 00:27:06,560 Speaker 2: stood up yesterday and he goes, mate, you're a dick. 553 00:27:07,280 --> 00:27:09,960 Speaker 2: Colin Boyce. Now Colin Boyce is challenging. Colin Boyce doesn't 554 00:27:09,960 --> 00:27:12,880 Speaker 2: stand a chance. Colin Boyce has no support. Colin Boyce 555 00:27:12,960 --> 00:27:15,840 Speaker 2: is a nobody. But he is arguing that given the 556 00:27:15,880 --> 00:27:19,159 Speaker 2: way that Little Proud has behaved, we deserve a sit 557 00:27:19,240 --> 00:27:20,800 Speaker 2: around the room for a bit of a chin wag. 558 00:27:21,200 --> 00:27:23,919 Speaker 2: So now Little Proud's in a world of pain. So 559 00:27:24,000 --> 00:27:25,879 Speaker 2: it's all going Australia, isn't it just in time for 560 00:27:25,960 --> 00:27:27,639 Speaker 2: Joe to get there? Six minutes away from seven? 561 00:27:28,800 --> 00:27:32,480 Speaker 1: The ins and the outs, it's the fizz with business 562 00:27:32,520 --> 00:27:35,560 Speaker 1: favor take your business productivity to the next level. 563 00:27:35,720 --> 00:27:37,960 Speaker 2: Right Housing this morning, new view on housing from A 564 00:27:38,080 --> 00:27:40,000 Speaker 2: and Z. They've readjusted the way they see the housing 565 00:27:40,040 --> 00:27:42,520 Speaker 2: market unfolding this year. So Sharon solmsback with us shortly, 566 00:27:42,520 --> 00:27:45,680 Speaker 2: but first cautality. They've got their Decoding Report for twenty 567 00:27:45,720 --> 00:27:49,400 Speaker 2: six looks at expectations from the real estate agent's, banking 568 00:27:49,440 --> 00:27:52,199 Speaker 2: and lending sectors. And there's a number in here that 569 00:27:52,240 --> 00:27:55,320 Speaker 2: astounds me. And this is for both New Zealand and Australia. 570 00:27:55,440 --> 00:27:58,399 Speaker 2: Report shows the outlook as improving pace of growth is 571 00:27:58,440 --> 00:28:01,879 Speaker 2: a little bit more volatile. Three quarters of New Zealanders 572 00:28:02,000 --> 00:28:04,359 Speaker 2: these are people in the industry, say they expect house 573 00:28:04,359 --> 00:28:06,560 Speaker 2: prices to grow. That's not really a thing I wouldn't 574 00:28:06,600 --> 00:28:10,280 Speaker 2: have thought. Within the group, fourteen percent expect at least 575 00:28:10,359 --> 00:28:16,119 Speaker 2: five percent, so optimistic yet possibly delusional. Regional divergence got 576 00:28:16,119 --> 00:28:19,960 Speaker 2: plenty of it. Big areas Canterbury most upbeat place a 577 00:28:20,119 --> 00:28:23,240 Speaker 2: seven percent ce price growth. Seventy three percent say growth 578 00:28:23,240 --> 00:28:26,359 Speaker 2: in Auckland, but they're not sure if you're going to 579 00:28:26,400 --> 00:28:29,720 Speaker 2: get that if the employment and affordability conditions don't improval 580 00:28:29,720 --> 00:28:32,679 Speaker 2: I mean affordabilities and it hasn't been so good for years. 581 00:28:33,680 --> 00:28:36,199 Speaker 2: Sixty three percent in Wellington expect prices to rise, but 582 00:28:36,280 --> 00:28:38,800 Speaker 2: only seven percent think they'll see five percent or more. 583 00:28:39,280 --> 00:28:42,760 Speaker 2: Most Wellingtonians within the industry, remember, think the market will 584 00:28:42,840 --> 00:28:44,800 Speaker 2: underperform compared with the rest of the country. I don't 585 00:28:44,800 --> 00:28:48,440 Speaker 2: think that's a big bet either. Rate cuts play a 586 00:28:48,440 --> 00:28:50,800 Speaker 2: big part of expectations. This is the number that blew 587 00:28:50,880 --> 00:28:54,160 Speaker 2: me away. Forty three percent. And do remember these are 588 00:28:54,200 --> 00:28:56,800 Speaker 2: people who make a living in housing, real estate agents, 589 00:28:56,840 --> 00:29:01,320 Speaker 2: banking and landing sectors. Forty three percent say they expect 590 00:29:01,360 --> 00:29:06,840 Speaker 2: one rate cut this year from where from the magic tin? 591 00:29:07,840 --> 00:29:10,800 Speaker 2: Are you awake? Are you following the economy? Do you 592 00:29:10,840 --> 00:29:13,440 Speaker 2: have any understanding of what's actually going on in the economy? 593 00:29:13,440 --> 00:29:15,040 Speaker 2: Do you know what we're actually talking about when it 594 00:29:15,080 --> 00:29:17,720 Speaker 2: comes to rates and the RB This year we're talking 595 00:29:17,720 --> 00:29:21,480 Speaker 2: about rate increases, not decreases. How can almost half of 596 00:29:21,560 --> 00:29:23,920 Speaker 2: people in the sector think we're getting a rate cut? 597 00:29:23,960 --> 00:29:26,000 Speaker 2: And when is this magical rate cut? You think it's 598 00:29:26,040 --> 00:29:30,000 Speaker 2: coming next month? When old doctor Breman turns up and goes, hey, 599 00:29:30,000 --> 00:29:32,280 Speaker 2: guess what, surprise everybody, I'm more fun than I look. 600 00:29:32,360 --> 00:29:35,520 Speaker 2: Have a rate cut? Goodness sake, there are no rate 601 00:29:35,560 --> 00:29:38,360 Speaker 2: cuts this year. Peak has come and gone. I'm afraid 602 00:29:38,360 --> 00:29:40,440 Speaker 2: to tell you anyway. Sharon Zohl has been having a 603 00:29:40,480 --> 00:29:43,840 Speaker 2: look at the housing market. She's a bit doer as well, unfortunately, 604 00:29:44,440 --> 00:29:46,800 Speaker 2: which is just as well be am, because Andrew Keller 605 00:29:46,800 --> 00:29:49,200 Speaker 2: has not back yet. I haven't made yet another stupid 606 00:29:49,280 --> 00:29:51,680 Speaker 2: bet on housing, the one I bet last year. I'll 607 00:29:51,680 --> 00:29:54,040 Speaker 2: probably going to lose again this year. But she's a 608 00:29:54,280 --> 00:29:56,040 Speaker 2: doer on the old housing market. So we'll talk to 609 00:29:56,080 --> 00:29:59,320 Speaker 2: her and then do we celebrate, do we com miserate? 610 00:29:59,480 --> 00:30:02,120 Speaker 2: Do we just reflect? Judith Collins twenty four years eighteen 611 00:30:02,160 --> 00:30:05,240 Speaker 2: Portfolios and enough is enough? Cho's with us after seven 612 00:30:05,280 --> 00:30:07,360 Speaker 2: to thirty. Meantime, the news is next here at. 613 00:30:07,280 --> 00:30:14,880 Speaker 1: Newstalks, credible, compelling, the breakfast show you confess It's the 614 00:30:15,000 --> 00:30:19,600 Speaker 1: Mic Hosking Breakfast with Veda, Retirement Communities, Life Your Way 615 00:30:19,760 --> 00:30:20,840 Speaker 1: News togs Head bs. 616 00:30:20,760 --> 00:30:22,560 Speaker 2: Welling seven past seven. So new data around one of 617 00:30:22,600 --> 00:30:25,240 Speaker 2: the great political mephiscal scams of the last Labor government. 618 00:30:25,320 --> 00:30:27,800 Speaker 2: Remember fees free next years on me and all that 619 00:30:27,840 --> 00:30:29,440 Speaker 2: will know and turned up and certainly not the so 620 00:30:29,520 --> 00:30:32,400 Speaker 2: called disadvantage that Labour claimed the policy would help. Just 621 00:30:32,400 --> 00:30:35,920 Speaker 2: two hundred and thirty students nationwide from the most disadvantaged 622 00:30:35,920 --> 00:30:38,520 Speaker 2: schools were using at seventy percent actually came from above 623 00:30:38,520 --> 00:30:42,600 Speaker 2: average socioeconomic backgrounds. Ministry of Education also says now analysis 624 00:30:42,640 --> 00:30:47,560 Speaker 2: suggests fees are not a significant barrier to participation. Chris Wheeler, 625 00:30:47,680 --> 00:30:50,360 Speaker 2: chief executive of University's New Zealand, back with us. Chris, 626 00:30:50,360 --> 00:30:52,680 Speaker 2: good morning, Good morning. So is this a little bit 627 00:30:52,720 --> 00:30:54,120 Speaker 2: of theory versus reality? 628 00:30:55,680 --> 00:31:01,680 Speaker 17: Look, absolutely, the fees free initiative was, of course a 629 00:31:01,840 --> 00:31:05,800 Speaker 17: manifesto promise of labor heading into the twenty seventeen election. 630 00:31:06,760 --> 00:31:09,280 Speaker 17: You know, in their absolute hearts, they believed it really 631 00:31:09,360 --> 00:31:13,040 Speaker 17: was going to make a difference at making university more accessible. 632 00:31:13,600 --> 00:31:17,240 Speaker 17: The reality was we saw almost no increase, less than 633 00:31:17,360 --> 00:31:20,800 Speaker 17: half one percent when the scheme was first introduced in 634 00:31:20,840 --> 00:31:24,600 Speaker 17: twenty eighteen. In saying that it's been incredibly popular with 635 00:31:24,680 --> 00:31:30,000 Speaker 17: students one year less of debt loans effectively when they graduate, 636 00:31:30,800 --> 00:31:33,400 Speaker 17: and continues to be popular because it just means that 637 00:31:33,520 --> 00:31:35,680 Speaker 17: there's a little bit less of a life burden on 638 00:31:35,760 --> 00:31:37,320 Speaker 17: these students as they enter the workforce. 639 00:31:37,360 --> 00:31:39,720 Speaker 2: It's amazing what free money can do for you. Even 640 00:31:39,760 --> 00:31:42,320 Speaker 2: at the time, part of the argument were many of 641 00:31:42,360 --> 00:31:44,840 Speaker 2: us argued, if you're going to do it, why not 642 00:31:44,960 --> 00:31:47,800 Speaker 2: reward the last year instead of giving it up for 643 00:31:47,840 --> 00:31:50,000 Speaker 2: the first year. Did that make sense or any sense 644 00:31:50,040 --> 00:31:50,320 Speaker 2: at all? 645 00:31:51,000 --> 00:31:53,560 Speaker 17: Absolutely, And that's of course where it's gone. So we're 646 00:31:53,560 --> 00:31:57,800 Speaker 17: now in final year fees free, and you know, again 647 00:31:57,920 --> 00:32:01,800 Speaker 17: we haven't seen any particular change in the pattern of 648 00:32:01,840 --> 00:32:04,440 Speaker 17: behavior of students, but yes, it does seem a lot 649 00:32:04,480 --> 00:32:06,640 Speaker 17: more rational doing it the way it's evolved. 650 00:32:06,800 --> 00:32:09,840 Speaker 2: This data we get from the ministry that suggests plese 651 00:32:09,880 --> 00:32:12,360 Speaker 2: are not a barrier? Is that sound thinking? Can you 652 00:32:12,440 --> 00:32:14,960 Speaker 2: back that up or you know, suggest it's true. 653 00:32:15,480 --> 00:32:17,960 Speaker 17: I think it's a bit more complicated than that. We 654 00:32:18,080 --> 00:32:23,440 Speaker 17: have a good loans and allowances scheme to make you know, 655 00:32:23,480 --> 00:32:28,120 Speaker 17: basically means that money shouldn't be a barrier to most students. 656 00:32:28,160 --> 00:32:30,880 Speaker 17: In saying that, over time, certain over the last decade, 657 00:32:31,240 --> 00:32:35,280 Speaker 17: it's become a little bit harder to access loans and allowances, 658 00:32:35,560 --> 00:32:38,040 Speaker 17: so fewer students are actually able to borrow, which is 659 00:32:38,040 --> 00:32:40,520 Speaker 17: putting a bit more pressure on them. And of course 660 00:32:41,520 --> 00:32:46,600 Speaker 17: we are well below the OECD average for postgraduate qualifications, 661 00:32:46,760 --> 00:32:50,320 Speaker 17: and that's mainly because the ability to get allowances finishes 662 00:32:50,360 --> 00:32:54,880 Speaker 17: after five years and doesn't continue into masters or doctoral studies. 663 00:32:55,240 --> 00:32:58,320 Speaker 17: So you know, we have a good loan scheme for 664 00:32:58,400 --> 00:33:01,360 Speaker 17: people doing undergraduate type quality vacations, but it gets a 665 00:33:01,360 --> 00:33:02,240 Speaker 17: bit harder later. 666 00:33:02,080 --> 00:33:05,800 Speaker 2: On international students. While I've got you reading over the weekend. 667 00:33:05,880 --> 00:33:08,480 Speaker 2: In Australia, you can pay eight hundred thousand dollars for 668 00:33:08,520 --> 00:33:11,320 Speaker 2: a course of your international student. There's a bunch of courses, 669 00:33:11,400 --> 00:33:14,320 Speaker 2: high end courses at high end universities, at over half 670 00:33:14,320 --> 00:33:16,840 Speaker 2: a million dollars and they're paying it. Are we similar 671 00:33:17,000 --> 00:33:19,440 Speaker 2: anywhere close to being similar? How are they getting away 672 00:33:19,440 --> 00:33:19,720 Speaker 2: with that? 673 00:33:20,760 --> 00:33:23,080 Speaker 17: Look, I'm not aware of anything like that in New Zealand. 674 00:33:23,960 --> 00:33:26,560 Speaker 17: You know, it might well be that there are some programs, 675 00:33:26,640 --> 00:33:29,360 Speaker 17: you know, I know there are subjects like aviation which 676 00:33:29,400 --> 00:33:33,120 Speaker 17: are extraordinarily expensive to be able to complete. I'm not 677 00:33:33,160 --> 00:33:36,120 Speaker 17: aware of anything like that here, but there are some 678 00:33:36,200 --> 00:33:38,440 Speaker 17: programs for which you know, there are people that will 679 00:33:38,480 --> 00:33:41,080 Speaker 17: pay because price is not a problem. 680 00:33:41,080 --> 00:33:43,840 Speaker 2: Interesting, all right, Chris appreciated it. Chris William, Chief Executive 681 00:33:43,880 --> 00:33:47,680 Speaker 2: of Universities in New Zealand ten and has past sevenscar housing. 682 00:33:47,800 --> 00:33:50,400 Speaker 2: Where are we tracking this year? Well, it's only January 683 00:33:50,400 --> 00:33:52,600 Speaker 2: and already we've got our first adjustment. A and Z 684 00:33:52,760 --> 00:33:54,520 Speaker 2: thought it would be five percent for the year. They 685 00:33:54,520 --> 00:33:57,280 Speaker 2: now think it's going to be two. Stronger than expected growth, 686 00:33:57,320 --> 00:33:59,920 Speaker 2: sticking inflation, interest rates potentially on the way up. Share 687 00:34:00,200 --> 00:34:02,400 Speaker 2: on as the chief economist, of course, and is with us, good. 688 00:34:02,240 --> 00:34:03,840 Speaker 16: Morning, Good morning you too, mate. 689 00:34:03,840 --> 00:34:08,640 Speaker 2: The election year one two, the prospect of capital gains 690 00:34:08,719 --> 00:34:11,279 Speaker 2: tax what role do they play in your view of 691 00:34:11,320 --> 00:34:12,560 Speaker 2: warehousing goes this year? 692 00:34:13,520 --> 00:34:16,279 Speaker 11: Well, it's very difficult to quantify both of those things. 693 00:34:16,360 --> 00:34:19,839 Speaker 11: You never never had the counterfectional I suppose, but no elections. 694 00:34:19,960 --> 00:34:21,640 Speaker 11: It does make sense. It's a bit more talk about 695 00:34:21,640 --> 00:34:23,719 Speaker 11: the barbecue. And this does look like an election where 696 00:34:23,719 --> 00:34:27,600 Speaker 11: there could be bigger than usual difference in policies related 697 00:34:27,600 --> 00:34:30,160 Speaker 11: to the housing market. So it's not difficult to imagine 698 00:34:30,160 --> 00:34:32,879 Speaker 11: that that might cause some people to perhaps hold off 699 00:34:32,920 --> 00:34:33,520 Speaker 11: on decision. 700 00:34:34,640 --> 00:34:37,800 Speaker 2: All right, so we have uncertainty with inflation. Why is 701 00:34:37,920 --> 00:34:40,840 Speaker 2: by the way, side by a question, why is inflation 702 00:34:41,000 --> 00:34:43,920 Speaker 2: sticky here? Is sticky in Australia, sticky in places like Britain? 703 00:34:43,960 --> 00:34:45,480 Speaker 2: What's going on? Is this a global thing? 704 00:34:46,320 --> 00:34:49,560 Speaker 11: Yeah, it is a global thing, which is very interesting. 705 00:34:49,840 --> 00:34:52,160 Speaker 11: But the surprise here was very broad based, so you 706 00:34:52,200 --> 00:34:54,200 Speaker 11: can't just you can't say I was justice. It was 707 00:34:54,280 --> 00:34:56,560 Speaker 11: just that there were certainly some things that was there 708 00:34:56,600 --> 00:34:59,480 Speaker 11: being can't do anything about, like electricity and food to 709 00:34:59,480 --> 00:35:02,640 Speaker 11: some extent. But overall, i'd describe it as a broad 710 00:35:02,719 --> 00:35:06,080 Speaker 11: based surprise. We have been seeing that globally as well, 711 00:35:06,120 --> 00:35:08,160 Speaker 11: and we're starting to see a bit of upward pressure 712 00:35:08,200 --> 00:35:11,239 Speaker 11: on longer term interest rates as a result of that 713 00:35:11,360 --> 00:35:14,880 Speaker 11: and concerns about fiscal position. So that's also part of 714 00:35:14,880 --> 00:35:16,520 Speaker 11: the story here, that it's not just about what the 715 00:35:16,520 --> 00:35:18,480 Speaker 11: Reserve Bank of New Zealand is going to do, but 716 00:35:18,880 --> 00:35:21,960 Speaker 11: potentially also a bit more upward pressure on those longer 717 00:35:22,040 --> 00:35:24,440 Speaker 11: rates as well. It's kind of all adds to the 718 00:35:24,480 --> 00:35:27,680 Speaker 11: picture of mountry conditions. Seeing a little bit tighter than 719 00:35:27,719 --> 00:35:28,880 Speaker 11: is expected at the moment. 720 00:35:29,400 --> 00:35:33,120 Speaker 2: So election, you capital gains, tax sticking, inflation, possible rising 721 00:35:33,160 --> 00:35:36,080 Speaker 2: interest rights. So that's your uncertainty. How do you dovetail 722 00:35:36,160 --> 00:35:38,719 Speaker 2: that in with this so called recovery we're supposed to 723 00:35:38,760 --> 00:35:39,280 Speaker 2: be enjoying. 724 00:35:40,360 --> 00:35:42,880 Speaker 11: Yeah, that's the interesting thing. I mean, the fact that 725 00:35:43,000 --> 00:35:45,040 Speaker 11: growth has been stronger than you're expecting is of course 726 00:35:45,239 --> 00:35:47,360 Speaker 11: great because of the economies and it has been in 727 00:35:47,360 --> 00:35:51,120 Speaker 11: a very dark hole. So it's been really encouraging that 728 00:35:51,480 --> 00:35:53,919 Speaker 11: GDP growth was stronger than expected going all the way 729 00:35:53,960 --> 00:35:56,520 Speaker 11: back to September last year. It's looking like it will 730 00:35:56,560 --> 00:36:00,319 Speaker 11: be again in the last three months of this last year, 731 00:36:00,800 --> 00:36:03,879 Speaker 11: and the indicators have remained pretty positive going into this year. 732 00:36:03,960 --> 00:36:07,080 Speaker 11: That's all great. However, the economy and it does have 733 00:36:07,120 --> 00:36:09,799 Speaker 11: a speed limits. There's a lot of uncertain about how 734 00:36:10,239 --> 00:36:14,320 Speaker 11: purcent is and some of the inflation indicator have started 735 00:36:14,320 --> 00:36:18,440 Speaker 11: to move in the wrong direction. So the market's already 736 00:36:18,800 --> 00:36:21,680 Speaker 11: now expecting two hikes this year, and that is the 737 00:36:21,760 --> 00:36:25,320 Speaker 11: main change in our housing forecasts is that those mortgage 738 00:36:25,360 --> 00:36:27,680 Speaker 11: rates have already started to move up again. 739 00:36:28,120 --> 00:36:30,600 Speaker 2: Is there a regionality I'm assuming there is. Q Town 740 00:36:30,719 --> 00:36:33,360 Speaker 2: Queenstown sort of defied gravity by a plenty, is the 741 00:36:33,400 --> 00:36:35,400 Speaker 2: most expensive place in the country, and there will be 742 00:36:35,440 --> 00:36:37,319 Speaker 2: places who will do well places who won't no matter 743 00:36:37,320 --> 00:36:37,800 Speaker 2: what happens. 744 00:36:38,680 --> 00:36:42,160 Speaker 11: Absolutely, the average hides a lot. In fact, it's hadden 745 00:36:42,200 --> 00:36:44,600 Speaker 11: a lot over the broader economy. The South Island's in 746 00:36:44,680 --> 00:36:46,880 Speaker 11: like a different country over the last few years with 747 00:36:46,920 --> 00:36:50,320 Speaker 11: its really strong agriculture background. So at the moment, for example, 748 00:36:50,360 --> 00:36:53,080 Speaker 11: South of house prices are up six percent, whereas Wellington 749 00:36:53,080 --> 00:36:55,719 Speaker 11: house prices are down three percent and everyone else is 750 00:36:56,080 --> 00:36:59,359 Speaker 11: somewhere in the middle, and those regional disparities are likely 751 00:36:59,480 --> 00:37:02,320 Speaker 11: to assists even within a city. You know, the different 752 00:37:02,360 --> 00:37:04,759 Speaker 11: price brackets can most quite differently. And of course it's 753 00:37:04,760 --> 00:37:06,920 Speaker 11: important to remember we haven't got a single month of 754 00:37:07,000 --> 00:37:09,640 Speaker 11: data for this year yet, so it there's a lot 755 00:37:09,680 --> 00:37:12,640 Speaker 11: of uncertainly obviously that have a feeble pair now, but 756 00:37:12,680 --> 00:37:16,479 Speaker 11: we think forecasters two percent balances the up and down 757 00:37:16,640 --> 00:37:19,080 Speaker 11: risks a bit better than our previous forecasters. Five. 758 00:37:19,280 --> 00:37:21,319 Speaker 2: Okay, go, well, we'll talk lots of this year. I'm 759 00:37:21,320 --> 00:37:23,000 Speaker 2: sure Sharon's on the who's the A and Z chief 760 00:37:23,000 --> 00:37:27,640 Speaker 2: economist as regards to they, by the way, are also 761 00:37:27,680 --> 00:37:30,920 Speaker 2: expecting their first hike in February of next year. This 762 00:37:31,000 --> 00:37:35,440 Speaker 2: is the RB the cash rate next year February. Now 763 00:37:35,440 --> 00:37:37,480 Speaker 2: they've changed their mind on that as well to December 764 00:37:37,520 --> 00:37:42,600 Speaker 2: this year. Bradley, our mate, Bradley Olsen, he's not putting 765 00:37:42,600 --> 00:37:45,839 Speaker 2: his name on it, but he said possible. It's May 766 00:37:46,800 --> 00:37:49,960 Speaker 2: big call, Bradley. I mean, it's not a call, but 767 00:37:50,000 --> 00:37:52,120 Speaker 2: you're just saying it could happen. You're still thinking November, 768 00:37:52,160 --> 00:37:54,720 Speaker 2: but could be May. If you want to be jelly. 769 00:37:54,800 --> 00:38:00,279 Speaker 2: I'm reading KPMG's yesterday Brisbane Brizzi ten point nine nine 770 00:38:00,280 --> 00:38:03,000 Speaker 2: percent this year, followed by an eight point nine if 771 00:38:03,000 --> 00:38:06,840 Speaker 2: you don't mind next year nationally seven point seven. Brisbane 772 00:38:06,960 --> 00:38:10,480 Speaker 2: is on fire at the moment, hence, of course their inflation. 773 00:38:10,560 --> 00:38:11,480 Speaker 2: Fifteen past. 774 00:38:13,040 --> 00:38:17,440 Speaker 1: The Mike asking Breakfast Fall Show podcast on iHeartRadio powered 775 00:38:17,480 --> 00:38:19,560 Speaker 1: by News Talks at be new. 776 00:38:19,520 --> 00:38:21,400 Speaker 2: Talks seventeen past seven. Tell me if I'm being a 777 00:38:21,440 --> 00:38:24,920 Speaker 2: bit pedantic here, because I was thinking about Hipkins in 778 00:38:24,960 --> 00:38:27,480 Speaker 2: the house yesterday. Hipkins blew it the other day, and 779 00:38:27,480 --> 00:38:29,360 Speaker 2: I told you about this, so he was started banging 780 00:38:29,360 --> 00:38:31,000 Speaker 2: on at a time of tragedy in the Mount. He 781 00:38:31,040 --> 00:38:33,920 Speaker 2: starts banging on, tries to make it political, starts banging 782 00:38:33,960 --> 00:38:36,080 Speaker 2: on about climate change and climate change spending and the 783 00:38:36,080 --> 00:38:38,160 Speaker 2: government didn't spend enough on climate change, and if only 784 00:38:38,160 --> 00:38:40,600 Speaker 2: they spent more on climate change, somehow magically it wouldn't 785 00:38:40,600 --> 00:38:42,800 Speaker 2: have brained at the Mount. I mean, talk about misread 786 00:38:42,840 --> 00:38:45,239 Speaker 2: the room and talk about it insensitive. But then we 787 00:38:45,320 --> 00:38:48,200 Speaker 2: got Smami Hipkins yesterday and given this his election year, 788 00:38:48,640 --> 00:38:51,400 Speaker 2: he's got to watch himself. So in the House question time, 789 00:38:51,920 --> 00:38:53,319 Speaker 2: David Seymour was reading a letter. 790 00:38:53,719 --> 00:38:56,239 Speaker 18: Yesterday he started at Twin Oaks and came home with 791 00:38:56,280 --> 00:38:58,560 Speaker 18: a big smile on his face. For the first time 792 00:38:58,640 --> 00:39:00,360 Speaker 18: in a schooling, he was able to tell me with 793 00:39:00,440 --> 00:39:02,880 Speaker 18: excitement what he had learnt about Bracket, King Charles the 794 00:39:02,920 --> 00:39:05,880 Speaker 18: Fifth and Mozart, and that he was able to do 795 00:39:05,960 --> 00:39:08,920 Speaker 18: lots of learning because they keep the classes quiet and focus. 796 00:39:09,400 --> 00:39:13,360 Speaker 18: My son has a chance to finally show his full potential. 797 00:39:13,760 --> 00:39:17,080 Speaker 18: That is what charter schools really mean for real people. 798 00:39:17,400 --> 00:39:20,719 Speaker 2: So no Charles the Fifth into Smami Hipkins. 799 00:39:21,800 --> 00:39:24,520 Speaker 19: May have misspoken, but given he's speaking to our head 800 00:39:24,560 --> 00:39:27,160 Speaker 19: of state, I think maybe he may wish to correct himself. 801 00:39:27,400 --> 00:39:30,120 Speaker 19: He referred to King Charles the fifth. The current reigning 802 00:39:30,160 --> 00:39:34,120 Speaker 19: monarch of New Zealand is King Charles the third unless 803 00:39:34,120 --> 00:39:38,000 Speaker 19: there is some great mystery that he's aware of that 804 00:39:38,040 --> 00:39:39,840 Speaker 19: we are not. Perhaps he could enlighten the house to 805 00:39:39,840 --> 00:39:41,040 Speaker 19: whether he made a mistake. 806 00:39:40,920 --> 00:39:45,840 Speaker 2: Well, once again making a dick of himself into Jerry Brownley. 807 00:39:46,000 --> 00:39:49,279 Speaker 12: He also mentioned Mozart, of course, so perhaps there was 808 00:39:49,280 --> 00:39:52,120 Speaker 12: a European King Charles, which there has been the. 809 00:39:52,080 --> 00:39:55,200 Speaker 20: Fifth, which the member himself was not aware. 810 00:39:54,960 --> 00:39:59,400 Speaker 2: Of, and so Brownie could barely contain himself and his knowledge, 811 00:39:59,480 --> 00:40:01,919 Speaker 2: and good on on him for doing so. And I'm 812 00:40:01,960 --> 00:40:04,480 Speaker 2: no student of history, but even I know that Charles 813 00:40:04,480 --> 00:40:06,839 Speaker 2: the Fifth of France from the thirteen hundreds and there 814 00:40:06,880 --> 00:40:08,920 Speaker 2: was in fact a Roman emperor who was Charles the 815 00:40:08,960 --> 00:40:11,040 Speaker 2: Fist of Spain who became Charles the Fifth. So in 816 00:40:11,080 --> 00:40:14,080 Speaker 2: other words, Hipkins was trying to make a cheap, nasty 817 00:40:14,120 --> 00:40:17,680 Speaker 2: little point and failed abysmally. And if he's going to 818 00:40:17,719 --> 00:40:20,880 Speaker 2: continue doing that this year, he's going to say something 819 00:40:20,960 --> 00:40:23,200 Speaker 2: at a time when the election campaign is fully ramped 820 00:40:23,239 --> 00:40:26,040 Speaker 2: up and we're all fully engaged, that is going to 821 00:40:26,160 --> 00:40:29,480 Speaker 2: end up bullet in foot and major trouble. So just 822 00:40:29,520 --> 00:40:31,600 Speaker 2: an early year warning twenty past. 823 00:40:33,280 --> 00:40:38,040 Speaker 1: The Mike Asking Breakfast Full Show podcast on iHeartRadio, Power 824 00:40:38,160 --> 00:40:39,200 Speaker 1: My News Talks EVY. 825 00:40:41,200 --> 00:40:42,880 Speaker 2: Now, let's face it, the way we do business has 826 00:40:42,880 --> 00:40:45,120 Speaker 2: moved on from those landlines. It's face to face meetings 827 00:40:45,120 --> 00:40:48,120 Speaker 2: mostly online these days. So the Internet, the Internet connection 828 00:40:48,440 --> 00:40:51,839 Speaker 2: vital investments. So Kiwi businesses of every size, you need 829 00:40:51,880 --> 00:40:55,800 Speaker 2: to ensure that the old Internet provides uncompromising reliability, bandwidth 830 00:40:55,800 --> 00:40:58,239 Speaker 2: and a better restoration service to minimize that downtime, which 831 00:40:58,280 --> 00:41:01,239 Speaker 2: is why New Zealand Business runs on business Fiber. Of course, 832 00:41:01,280 --> 00:41:03,960 Speaker 2: experience seamless video calls. You can upload your download till 833 00:41:04,000 --> 00:41:07,879 Speaker 2: you're blue in the face, large files, quick, smart, swift transactions. Yes, 834 00:41:07,960 --> 00:41:12,000 Speaker 2: collaborate seamlessly online cloud based apps, all covered with business fiber. 835 00:41:12,200 --> 00:41:14,960 Speaker 2: So get your business ahead, stay ahead, future proof your 836 00:41:14,960 --> 00:41:18,520 Speaker 2: connection as the workplace has become ever more digital. Plus, 837 00:41:18,880 --> 00:41:21,720 Speaker 2: as a business fiber customer, you'll get priority fault restoration 838 00:41:21,840 --> 00:41:23,759 Speaker 2: that means you back up and running fast and minimizing 839 00:41:23,800 --> 00:41:26,560 Speaker 2: that offline time. And to find out which fiber connection 840 00:41:26,600 --> 00:41:28,640 Speaker 2: this is the critical part would best suit your business. 841 00:41:28,760 --> 00:41:32,160 Speaker 2: Here's where you go. The Chorus Recommendation tool will be 842 00:41:32,200 --> 00:41:36,600 Speaker 2: found at Chorus dot co dot z Ford slash business fiber. 843 00:41:36,640 --> 00:41:39,200 Speaker 2: You got it, Note it down Chorus dot co dot 844 00:41:39,320 --> 00:41:43,200 Speaker 2: nz Ford slash business Fiber. You're taking your business productivity 845 00:41:43,239 --> 00:41:47,160 Speaker 2: next lev So get your business running on business FIBERSKI 846 00:41:48,000 --> 00:41:51,120 Speaker 2: twenty three. You probably haven't heard of kid, In fact, 847 00:41:51,160 --> 00:41:53,160 Speaker 2: I don't even know that's how you pronounce it, But 848 00:41:53,200 --> 00:41:56,440 Speaker 2: there is scanning software provider right. They're employed by Snapchat. 849 00:41:56,840 --> 00:42:00,799 Speaker 2: Trouble with that combo is when kids in Australia scan 850 00:42:00,960 --> 00:42:03,920 Speaker 2: their dad's face to get on to their accounts that 851 00:42:03,960 --> 00:42:07,399 Speaker 2: they've been banned from by the new law. It works now, 852 00:42:07,520 --> 00:42:12,320 Speaker 2: kid said, we do age not pictures. Small problem. The summation, 853 00:42:12,840 --> 00:42:14,880 Speaker 2: in one of the growing number of articles that I'm tracking, 854 00:42:14,920 --> 00:42:18,239 Speaker 2: says it very well. These sort of events show how 855 00:42:18,280 --> 00:42:22,280 Speaker 2: the law is at risk of becoming a purely symbolic gesture. 856 00:42:22,680 --> 00:42:25,239 Speaker 2: There are you will not be surprised to hear no 857 00:42:25,360 --> 00:42:27,520 Speaker 2: shortage of these stories at the moment in Australia and 858 00:42:27,560 --> 00:42:29,919 Speaker 2: in the specifics. Is the trouble, or at least part 859 00:42:29,920 --> 00:42:33,799 Speaker 2: of the trouble. Is it the tech company's issue, or 860 00:42:33,840 --> 00:42:36,040 Speaker 2: is it the law that could never work anyway? Is 861 00:42:36,080 --> 00:42:38,000 Speaker 2: the tech company doing their bit or only part of 862 00:42:38,000 --> 00:42:39,799 Speaker 2: their bit? Because we all know none of them like 863 00:42:39,960 --> 00:42:43,000 Speaker 2: the way the law is enacted in Australia. And it's 864 00:42:43,040 --> 00:42:45,560 Speaker 2: coming to France, and that regulation is spreading France close. 865 00:42:45,600 --> 00:42:47,360 Speaker 2: As I've told you this week, it's off to the Senate. 866 00:42:47,960 --> 00:42:50,240 Speaker 2: Britain have got a government full of far left MPs 867 00:42:50,280 --> 00:42:52,440 Speaker 2: putting pressure on the Prime Minister, who I suspect, in 868 00:42:52,440 --> 00:42:54,600 Speaker 2: this heart of hearts, knows all this doesn't work. He 869 00:42:54,680 --> 00:42:57,280 Speaker 2: is actually not that sold on the idea. It raises 870 00:42:57,280 --> 00:42:59,960 Speaker 2: the most important point of all, if what we suspect 871 00:43:00,160 --> 00:43:02,840 Speaker 2: what will happen actually does happen. I e. It's a bust. 872 00:43:03,280 --> 00:43:06,040 Speaker 2: In reality, it's just window dressing. What do they then 873 00:43:06,120 --> 00:43:08,080 Speaker 2: do about it? And in that scenario is the great 874 00:43:08,080 --> 00:43:11,120 Speaker 2: weakness of governments and posturing and political process we see 875 00:43:11,160 --> 00:43:13,400 Speaker 2: at the time. You'll remember it wouldn't work because government's 876 00:43:13,480 --> 00:43:17,600 Speaker 2: law cannot beat tech and kids. In theory, great, it's 877 00:43:17,640 --> 00:43:21,400 Speaker 2: like fees free right in theory, great idea. In application, 878 00:43:21,520 --> 00:43:23,360 Speaker 2: it's a fail And if it's a failure, does a 879 00:43:23,400 --> 00:43:26,239 Speaker 2: government acknowledge it or pretend overall that you know, buy 880 00:43:26,280 --> 00:43:29,400 Speaker 2: and large. In the main it's still pretty good. Do 881 00:43:29,480 --> 00:43:32,000 Speaker 2: we say things like, well, it's better than nothing, it's 882 00:43:32,000 --> 00:43:34,160 Speaker 2: better than what it was. I think what the ultimate 883 00:43:34,239 --> 00:43:36,719 Speaker 2: lesson will be is that, rightly or wrongly, big tech 884 00:43:36,800 --> 00:43:39,120 Speaker 2: is too big to fail. And part of that scenario 885 00:43:39,239 --> 00:43:41,399 Speaker 2: is driven by demand. Of course, that makes them so big. 886 00:43:41,440 --> 00:43:43,560 Speaker 2: People say one thing, they do another. Kids want to 887 00:43:43,600 --> 00:43:47,239 Speaker 2: be online. People decry Facebook scrolling. You can't shake it. 888 00:43:47,280 --> 00:43:49,440 Speaker 2: Though you want more of it, you can't. You can't 889 00:43:49,440 --> 00:43:51,680 Speaker 2: give it up. Of course, it's bad or unhealthy, but 890 00:43:51,719 --> 00:43:53,680 Speaker 2: so are chips and gambling and booze. This is just 891 00:43:54,000 --> 00:43:58,680 Speaker 2: electronic escapism or fun. But the line elbow used about 892 00:43:58,920 --> 00:44:02,400 Speaker 2: saving a general is very rapidly being proved to be 893 00:44:02,440 --> 00:44:07,240 Speaker 2: idealism wrapped in theory. Ask what is it about labor parties? 894 00:44:07,600 --> 00:44:10,919 Speaker 2: Mike Labour's fees free university classic left wing ideology, sounds 895 00:44:10,960 --> 00:44:13,280 Speaker 2: amazing in theory, but in reality it's been a disaster, 896 00:44:13,440 --> 00:44:15,560 Speaker 2: just like so many of their other poorly thought out policies. 897 00:44:15,600 --> 00:44:18,040 Speaker 2: For example, key we build, which is why the government 898 00:44:18,080 --> 00:44:20,280 Speaker 2: will be reelected at the end of the year because 899 00:44:20,360 --> 00:44:25,560 Speaker 2: that stuff. Those the things you can't argue about. Facts 900 00:44:25,560 --> 00:44:28,240 Speaker 2: still on fees free, Facts still on key we built, 901 00:44:28,320 --> 00:44:32,160 Speaker 2: Facts still on deficits and debts and interest rates of 902 00:44:32,760 --> 00:44:35,680 Speaker 2: facts still indisputable, on kids going to score. All of 903 00:44:35,719 --> 00:44:38,040 Speaker 2: that's still fresh in our mind, and as long as 904 00:44:38,080 --> 00:44:40,319 Speaker 2: it's fresh in our mind, when we get to the 905 00:44:40,320 --> 00:44:42,439 Speaker 2: polling booth, we'll go do we really want to return 906 00:44:42,480 --> 00:44:45,719 Speaker 2: to that? And the answer ultimately will be no. This 907 00:44:45,800 --> 00:44:49,200 Speaker 2: time yesterday I was calling BS on a person who 908 00:44:49,400 --> 00:44:52,759 Speaker 2: texted me saying they had five degrees and we're runing 909 00:44:52,840 --> 00:44:55,719 Speaker 2: under one hundred thousand dollars, and I said, BS, Now, 910 00:44:55,840 --> 00:44:57,920 Speaker 2: it turns out the bloke has been quite a bit 911 00:44:57,960 --> 00:45:00,520 Speaker 2: of yesterday, writing to me lengthy we in front of 912 00:45:00,520 --> 00:45:05,279 Speaker 2: me as we speak, he wants an apology. Now, I'm 913 00:45:05,280 --> 00:45:08,799 Speaker 2: all for an apology if I'm wrong. I don't know 914 00:45:08,880 --> 00:45:11,160 Speaker 2: that I am, and I don't know that I am. 915 00:45:11,200 --> 00:45:17,319 Speaker 2: For two very key reasons. In his lengthy tome he 916 00:45:17,400 --> 00:45:20,759 Speaker 2: suggests he's got five degrees, but in talking to both 917 00:45:20,800 --> 00:45:24,600 Speaker 2: Sam and Ryan and they're really the only two people 918 00:45:24,640 --> 00:45:27,600 Speaker 2: you ever need to talk to about anything, he probably 919 00:45:27,640 --> 00:45:31,400 Speaker 2: doesn't have five degrees. And then he hasn't made clear 920 00:45:32,160 --> 00:45:34,799 Speaker 2: whether or not whether's five degrees, even if he does 921 00:45:34,840 --> 00:45:37,440 Speaker 2: have them, whether he's working full time, and I was 922 00:45:37,480 --> 00:45:40,480 Speaker 2: calling him out on working full time anyway. More on 923 00:45:40,520 --> 00:45:41,439 Speaker 2: this shortly. 924 00:45:42,719 --> 00:45:46,760 Speaker 1: No fluff, just facts and fierce debate. The Mic Hosking 925 00:45:46,800 --> 00:45:55,040 Speaker 1: Breakfast with the Defender embraced the impossible news. 926 00:45:52,200 --> 00:45:55,680 Speaker 2: After eight o'clock this morning, twenty three minutes away from 927 00:45:55,680 --> 00:45:58,120 Speaker 2: eight election years, thrown up as biggest retirement to day 928 00:45:58,200 --> 00:45:59,919 Speaker 2: so far due to the Collins of course, is calling 929 00:46:00,080 --> 00:46:02,200 Speaker 2: twenty four years, a lot of portfolios and a lot 930 00:46:02,239 --> 00:46:04,960 Speaker 2: of good stories to tell. Judith Collins, as with us, 931 00:46:05,000 --> 00:46:06,000 Speaker 2: a very good morning to you. 932 00:46:06,840 --> 00:46:07,879 Speaker 5: Oh good morning, Mike. 933 00:46:08,520 --> 00:46:10,920 Speaker 2: I'm guessing there's been a lot of good will and 934 00:46:11,000 --> 00:46:14,120 Speaker 2: genuine appreciation for your contribution headed your way in the 935 00:46:14,200 --> 00:46:15,400 Speaker 2: last twenty four hours. 936 00:46:16,360 --> 00:46:19,319 Speaker 5: Yes, I've got to say I've been somewhat overwhelmed, very 937 00:46:19,360 --> 00:46:23,800 Speaker 5: pleased and happy at the amount of goodwill that's come across, 938 00:46:24,640 --> 00:46:27,840 Speaker 5: not only from my own side of Parliament, but also 939 00:46:28,000 --> 00:46:29,439 Speaker 5: from the opposition as well. 940 00:46:29,640 --> 00:46:35,200 Speaker 2: Good the date and the election and the moment you decided. 941 00:46:35,320 --> 00:46:37,160 Speaker 2: Is there a story behind any of that or not? 942 00:46:38,440 --> 00:46:40,480 Speaker 5: No, I just really felt the last year or so 943 00:46:40,640 --> 00:46:43,160 Speaker 5: I thought this has been I mean, I've just so 944 00:46:43,360 --> 00:46:47,359 Speaker 5: enjoyed these portfolios I've had and really loved. This has 945 00:46:47,360 --> 00:46:50,040 Speaker 5: been my best term of parliament, and I thought, I 946 00:46:50,080 --> 00:46:53,359 Speaker 5: really want to go out on the high. Twenty four 947 00:46:53,440 --> 00:46:56,120 Speaker 5: years is quite a long time in parliament, and you know, 948 00:46:56,200 --> 00:46:58,080 Speaker 5: it's a goodness, Saint Mike. I'm now the mother of 949 00:46:58,080 --> 00:47:00,560 Speaker 5: the House. I mean, it's like, you know, having one 950 00:47:00,600 --> 00:47:05,400 Speaker 5: hundred and twenty something naughty children. It's really difficult. So 951 00:47:06,120 --> 00:47:07,839 Speaker 5: I just really felt that it was time to go 952 00:47:07,960 --> 00:47:11,000 Speaker 5: twelve years in opposition twelve years in government. It's a 953 00:47:11,000 --> 00:47:11,960 Speaker 5: pretty good symmetry. 954 00:47:12,280 --> 00:47:14,720 Speaker 2: What was the plan in two thousand and two, Visa 955 00:47:14,760 --> 00:47:15,560 Speaker 2: B staying around. 956 00:47:16,640 --> 00:47:19,360 Speaker 5: Oh, I thought twelve years would be really good. I 957 00:47:19,360 --> 00:47:21,920 Speaker 5: thought there would be enough. But it is quite an 958 00:47:21,960 --> 00:47:27,439 Speaker 5: addictive environment and I've always found it incredibly interesting work. 959 00:47:27,800 --> 00:47:31,240 Speaker 5: One of my secrets, and I say this to your MPs, 960 00:47:31,480 --> 00:47:34,360 Speaker 5: is I've been portrayate to be able to change my 961 00:47:34,520 --> 00:47:38,320 Speaker 5: portfolios every three years or so, so I never get bored, 962 00:47:38,920 --> 00:47:40,880 Speaker 5: and I always think that there's lots of new things 963 00:47:40,880 --> 00:47:44,680 Speaker 5: and doing, lots of new people to see, places, places 964 00:47:44,680 --> 00:47:48,279 Speaker 5: to find out about. You keep yourself interested, and so 965 00:47:48,440 --> 00:47:50,279 Speaker 5: that's what I've been able to do. 966 00:47:50,920 --> 00:47:55,759 Speaker 2: Thoughts on an electorate in an MMP environment, as you 967 00:47:55,840 --> 00:47:58,600 Speaker 2: rise through the ranks and have a fairly heavy workload 968 00:47:58,640 --> 00:48:00,880 Speaker 2: with portfolios, would you advise it or not? 969 00:48:02,000 --> 00:48:02,160 Speaker 21: Oh? 970 00:48:02,280 --> 00:48:06,920 Speaker 5: Absolutely so. Having the electorate of Papricora, Clinton and Papricora 971 00:48:07,640 --> 00:48:11,719 Speaker 5: has given me the absolute grounding to get out there 972 00:48:11,760 --> 00:48:14,319 Speaker 5: and do what I needed to do. So it takes 973 00:48:14,360 --> 00:48:17,239 Speaker 5: a lot more work, but it also keeps you far 974 00:48:17,360 --> 00:48:22,080 Speaker 5: more centered on actually who it is you're representing and 975 00:48:22,160 --> 00:48:24,560 Speaker 5: stop to getting a bit too you know, thinking that 976 00:48:25,160 --> 00:48:28,120 Speaker 5: you're you know, you're above that sort of stuff, worrying 977 00:48:28,160 --> 00:48:32,479 Speaker 5: about people's you know, hit knee operations, helping their kids, 978 00:48:32,560 --> 00:48:37,440 Speaker 5: just the school being bullied, that sort of thing, immigration issues, 979 00:48:37,520 --> 00:48:41,360 Speaker 5: all sorts of things that the local electric MPs deal with. 980 00:48:42,000 --> 00:48:43,360 Speaker 5: It keeps you really grounded. 981 00:48:43,960 --> 00:48:46,319 Speaker 2: How do you stop yourself being institutionalized? 982 00:48:47,920 --> 00:48:51,080 Speaker 5: I think try not to spend all your time with 983 00:48:51,120 --> 00:48:55,560 Speaker 5: other politicians. So I find that I don't think I've 984 00:48:55,560 --> 00:49:00,520 Speaker 5: become institutionalized, but I do. Even even now, I still 985 00:49:00,520 --> 00:49:03,719 Speaker 5: find interesting things in Parliament I didn't know about. I 986 00:49:03,760 --> 00:49:06,440 Speaker 5: don't think understanding that most of the world doesn't have 987 00:49:07,080 --> 00:49:13,080 Speaker 5: the privileges that EMPs have, and understand being very grateful 988 00:49:13,120 --> 00:49:16,319 Speaker 5: every day. Three year elections do tend to make you 989 00:49:16,440 --> 00:49:19,279 Speaker 5: really grateful to Frank, you're up for a job and 990 00:49:19,320 --> 00:49:21,160 Speaker 5: to view every three years. 991 00:49:21,160 --> 00:49:25,560 Speaker 2: As a lawyer, and you did the attorney General, all 992 00:49:25,560 --> 00:49:27,520 Speaker 2: that sort of thing. I think I've never seen you 993 00:49:27,520 --> 00:49:29,719 Speaker 2: more as excited as excited as you are at the 994 00:49:29,719 --> 00:49:31,520 Speaker 2: moment with defense and tech and space and all that 995 00:49:31,520 --> 00:49:32,760 Speaker 2: sort of stuff. Is that fair? 996 00:49:34,320 --> 00:49:34,560 Speaker 22: Yeah? 997 00:49:34,719 --> 00:49:36,680 Speaker 5: I love them more, And I think you know, I've 998 00:49:36,680 --> 00:49:39,560 Speaker 5: always tried to say, whatever portfolio you get, do the 999 00:49:39,560 --> 00:49:43,040 Speaker 5: best you can and absolutely love from day one, because 1000 00:49:43,200 --> 00:49:45,040 Speaker 5: then you'll get the best out of it and you'll 1001 00:49:45,120 --> 00:49:49,480 Speaker 5: enjoy it most. But the science and tech areas were 1002 00:49:49,560 --> 00:49:53,960 Speaker 5: just fabulous in these space. But also a defense is 1003 00:49:54,120 --> 00:49:56,920 Speaker 5: so critical these days. But it's also good for our 1004 00:49:56,960 --> 00:50:00,320 Speaker 5: in New Zealand economy. And you know, I'm tu general 1005 00:50:00,320 --> 00:50:03,880 Speaker 5: as well. It's like coming home doing being the Attorney General. 1006 00:50:04,120 --> 00:50:04,800 Speaker 5: It's wonderful. 1007 00:50:05,360 --> 00:50:08,120 Speaker 2: The leader the leadership thing that so many people obviously 1008 00:50:08,120 --> 00:50:11,759 Speaker 2: focused on yesterday, how much of leadership and its success 1009 00:50:12,560 --> 00:50:15,959 Speaker 2: is about shear talent versus when you happen to turn 1010 00:50:16,040 --> 00:50:17,920 Speaker 2: up and timing is everything. 1011 00:50:19,719 --> 00:50:22,680 Speaker 5: I think as in terms of leadership of parties, well, 1012 00:50:22,719 --> 00:50:26,239 Speaker 5: it's very much on you get some people's shear talent 1013 00:50:28,239 --> 00:50:31,920 Speaker 5: and are obviously going to become the leader. And I 1014 00:50:31,960 --> 00:50:35,960 Speaker 5: saw that with Christopher Lutson when he came in, clearly 1015 00:50:36,080 --> 00:50:39,960 Speaker 5: was going to be the leader and obviously the right 1016 00:50:40,000 --> 00:50:43,360 Speaker 5: person for the job. But you also, so much of 1017 00:50:43,400 --> 00:50:47,919 Speaker 5: it is about hard work. And talent is one thing 1018 00:50:48,160 --> 00:50:51,480 Speaker 5: make but turning up every day giving it your best, 1019 00:50:52,000 --> 00:50:54,000 Speaker 5: that's what makes you a leader. 1020 00:50:54,560 --> 00:50:56,600 Speaker 2: I wonder to see. I'm a big believer in that 1021 00:50:56,760 --> 00:50:59,520 Speaker 2: very thing. Hard work is the key to basically everything. 1022 00:50:59,520 --> 00:51:01,759 Speaker 2: Do you think time and experience leads you to that 1023 00:51:01,840 --> 00:51:04,560 Speaker 2: inevitable conclusion And some of the young members don't quite 1024 00:51:04,560 --> 00:51:04,759 Speaker 2: get that. 1025 00:51:06,320 --> 00:51:09,160 Speaker 5: Yeah, I think it's true. You've got to. It's not 1026 00:51:09,320 --> 00:51:15,840 Speaker 5: just turning up being there. It's hard work. Nothing beats 1027 00:51:16,040 --> 00:51:19,120 Speaker 5: hard work. You can have you see, you will have 1028 00:51:19,160 --> 00:51:21,600 Speaker 5: seen this over the years. People with all the talent 1029 00:51:21,640 --> 00:51:24,600 Speaker 5: in the world, but they can't make the time to 1030 00:51:25,080 --> 00:51:27,720 Speaker 5: turn up for work on time, or they can't be 1031 00:51:28,000 --> 00:51:31,520 Speaker 5: fast during the reading before an interview or something, and 1032 00:51:31,680 --> 00:51:35,279 Speaker 5: they fail. They eventually fail. Talent will get you so far, 1033 00:51:35,719 --> 00:51:37,040 Speaker 5: hard work will keep you there. 1034 00:51:37,640 --> 00:51:39,520 Speaker 2: How do you explain so I take it your comments 1035 00:51:39,560 --> 00:51:41,880 Speaker 2: about luckson a moment ago are not political because it's 1036 00:51:41,920 --> 00:51:46,279 Speaker 2: election year. How do you explain luxon the luxon you know, 1037 00:51:46,680 --> 00:51:48,640 Speaker 2: to the lux and the public see and the pole 1038 00:51:48,760 --> 00:51:50,440 Speaker 2: numbers that you will have read like all of us. 1039 00:51:51,200 --> 00:51:52,120 Speaker 2: Why the disconnect? 1040 00:51:52,200 --> 00:51:52,359 Speaker 17: Well? 1041 00:51:52,400 --> 00:51:58,240 Speaker 5: He one on one, he is a very genuine, decent 1042 00:51:58,400 --> 00:52:01,600 Speaker 5: person and I have found him very good to work with. 1043 00:52:03,160 --> 00:52:07,960 Speaker 5: But then again I found previous leaders or good in 1044 00:52:08,000 --> 00:52:12,319 Speaker 5: their ways. Everyone has their strengths and weaknesses obviously, and 1045 00:52:12,440 --> 00:52:15,960 Speaker 5: you know I can be very forthright, as you probably know, 1046 00:52:16,840 --> 00:52:19,560 Speaker 5: so not everyone can cope with that as well as 1047 00:52:19,600 --> 00:52:23,640 Speaker 5: he does. But I think with him, it's just the 1048 00:52:23,680 --> 00:52:26,480 Speaker 5: fact that he needs to get out and see people. 1049 00:52:26,520 --> 00:52:32,280 Speaker 5: He saw him at not wulnability with people, just being 1050 00:52:32,560 --> 00:52:35,399 Speaker 5: a human being, and I think that's what people want 1051 00:52:35,440 --> 00:52:38,360 Speaker 5: to see in him, and I think that's what he 1052 00:52:38,400 --> 00:52:40,920 Speaker 5: needs to show more that I found him a very 1053 00:52:40,960 --> 00:52:42,000 Speaker 5: decent man to deal with. 1054 00:52:42,400 --> 00:52:44,720 Speaker 2: One of the last interviews I do with you, relatively recently, 1055 00:52:44,800 --> 00:52:46,880 Speaker 2: was the head of the Privileges Committee and all the 1056 00:52:46,960 --> 00:52:51,160 Speaker 2: nonsense that was going on last year. Your observation of 1057 00:52:51,400 --> 00:52:54,720 Speaker 2: the place in your twenty four years from a point 1058 00:52:54,719 --> 00:52:56,879 Speaker 2: of privileges, from the point of the quality of people 1059 00:52:56,960 --> 00:52:58,719 Speaker 2: coming into the house, of the behavior of tenure, etc. 1060 00:53:01,880 --> 00:53:04,200 Speaker 5: Well, I can tell you the behavior has improved. It's 1061 00:53:04,239 --> 00:53:11,480 Speaker 5: a Privilegis Committee report that's better behavior. I think there 1062 00:53:11,480 --> 00:53:15,160 Speaker 5: has been a lessening of certain standards, whether it's dress 1063 00:53:15,280 --> 00:53:18,840 Speaker 5: or everything else. Does that matter. It probably does actually 1064 00:53:19,440 --> 00:53:23,440 Speaker 5: probably have fewer people who are there for a longer 1065 00:53:23,560 --> 00:53:25,560 Speaker 5: term than it used to be when I came in. 1066 00:53:26,480 --> 00:53:30,560 Speaker 5: And I think sometimes people forget it's not a performance. 1067 00:53:30,640 --> 00:53:33,400 Speaker 5: It's not just what performance at. It's not just about 1068 00:53:33,400 --> 00:53:37,600 Speaker 5: social media, and social media obviously drives some of this behavior, 1069 00:53:38,440 --> 00:53:40,600 Speaker 5: but it's actually it's a place of work. It's a 1070 00:53:40,719 --> 00:53:43,239 Speaker 5: very furious place of work. We can have fun in it, 1071 00:53:43,640 --> 00:53:46,920 Speaker 5: but ultimately people are paying our salaries and they deserve 1072 00:53:47,040 --> 00:53:49,320 Speaker 5: us to work out and be sensible. 1073 00:53:49,800 --> 00:53:52,239 Speaker 2: Congratulations on it all. I'm sure we'll talk again soon. 1074 00:53:52,320 --> 00:53:55,560 Speaker 2: Due to Collins, National MP Cabinet Minister on her way 1075 00:53:55,640 --> 00:53:58,520 Speaker 2: out seven five, I. 1076 00:53:58,760 --> 00:54:03,640 Speaker 1: Like asking Breakfast show podcast on iHeartRadio, Power by News. 1077 00:54:03,400 --> 00:54:06,160 Speaker 2: Talks at be go away from mate, tell it. We'll 1078 00:54:06,160 --> 00:54:08,080 Speaker 2: get you so far, hard work, we'll keep you there. 1079 00:54:08,160 --> 00:54:11,520 Speaker 2: A great piece of advice Mike for our country a 1080 00:54:11,560 --> 00:54:14,480 Speaker 2: big loss. Yeah, I agree with it. And in unrelated matters, actually, 1081 00:54:14,760 --> 00:54:17,319 Speaker 2: Brad Thorne, I think you're going to enjoy this. Champions 1082 00:54:17,400 --> 00:54:21,560 Speaker 2: Do Extra. What a great name for a book, Champions 1083 00:54:21,600 --> 00:54:24,800 Speaker 2: Do Extra. What was the album kiss a lot, Kiss 1084 00:54:24,800 --> 00:54:28,440 Speaker 2: all the Time Disco? Occasionally Harry styles my reference to 1085 00:54:28,520 --> 00:54:32,799 Speaker 2: him earlier on Kiss all the Time Disco occasionally. How 1086 00:54:32,840 --> 00:54:33,480 Speaker 2: brilliant is that? 1087 00:54:33,480 --> 00:54:34,359 Speaker 13: That's pretty much your life? 1088 00:54:34,360 --> 00:54:38,080 Speaker 2: Philosophy is pretty much bloke who's on to me about 1089 00:54:38,120 --> 00:54:41,880 Speaker 2: his five degrees. I don't want to get into the 1090 00:54:41,920 --> 00:54:44,440 Speaker 2: weeds on this anyway. And I was surprised he had 1091 00:54:44,440 --> 00:54:46,919 Speaker 2: five degrees and are called bs. You don't have five 1092 00:54:46,920 --> 00:54:49,000 Speaker 2: degrees and get paid less th one hundred thousand dollars. 1093 00:54:49,239 --> 00:54:51,200 Speaker 2: He claims to be earning less than one hundred thousand 1094 00:54:51,200 --> 00:54:53,439 Speaker 2: dollars full time. He's asked us not to use his name. 1095 00:54:53,600 --> 00:54:56,920 Speaker 2: I won't. That's fair my question in talking to Sam 1096 00:54:56,960 --> 00:55:00,600 Speaker 2: and Ryan. Ryan's got two degrees, by the way, dance 1097 00:55:00,680 --> 00:55:05,480 Speaker 2: and drama. Kidding, but he does have two degrees PhD, 1098 00:55:06,000 --> 00:55:10,879 Speaker 2: bachelor degree, master's, postgrad degree in related field. My fifth 1099 00:55:10,880 --> 00:55:14,400 Speaker 2: and final degree relates to a previous profession. According to 1100 00:55:14,440 --> 00:55:18,839 Speaker 2: both Ryan and Sam, you don't have five degrees. They're 1101 00:55:18,840 --> 00:55:21,320 Speaker 2: not two separate degrees. And masters is not another degree. 1102 00:55:21,320 --> 00:55:25,040 Speaker 2: It's just an extension or an attachment to the original degree. 1103 00:55:25,120 --> 00:55:27,480 Speaker 13: You've got to go to the famers the framers twice though. 1104 00:55:29,800 --> 00:55:33,239 Speaker 2: If certificates are all you counting, my friend, it's no 1105 00:55:33,320 --> 00:55:36,360 Speaker 2: wonder yet. Anyway, he wants an apology, I'm still not. 1106 00:55:36,800 --> 00:55:39,359 Speaker 2: I'm close to an apology because I'm in my apologetic 1107 00:55:39,400 --> 00:55:42,520 Speaker 2: phase of my life. Like, if I've offended you, I'm sorry. 1108 00:55:42,600 --> 00:55:44,400 Speaker 13: I don't as he's doing a job, that's not one 1109 00:55:44,440 --> 00:55:45,360 Speaker 13: hundred thousand dollars. 1110 00:55:45,800 --> 00:55:48,600 Speaker 2: That's what I'm saying. He hasn't certified the fact he's 1111 00:55:48,600 --> 00:55:51,000 Speaker 2: earning a hundred thousand dollars full time. What I'm saying is, 1112 00:55:51,200 --> 00:55:53,120 Speaker 2: if you've got five degrees, and what I said yesterday, 1113 00:55:53,120 --> 00:55:54,719 Speaker 2: if you've got five degrees, you're not earning less than 1114 00:55:54,719 --> 00:55:56,280 Speaker 2: a hundred thousand dollars. That's what I'm saying. 1115 00:55:56,360 --> 00:55:56,440 Speaker 21: Now. 1116 00:55:56,480 --> 00:55:57,960 Speaker 2: If you're working one day a week, you might be, 1117 00:55:58,200 --> 00:55:59,920 Speaker 2: but I'm thinking about full time. You've got to be 1118 00:56:00,040 --> 00:56:02,160 Speaker 2: full time. You've got to be working sixty hours a week, 1119 00:56:02,480 --> 00:56:06,160 Speaker 2: five days a week, cracking on with it. Champions do extra, 1120 00:56:06,400 --> 00:56:06,880 Speaker 2: et cetera. 1121 00:56:07,120 --> 00:56:09,759 Speaker 13: That's what I'm saying, and allowing for how much you've 1122 00:56:09,760 --> 00:56:12,520 Speaker 13: had to pay the framers to certificates. 1123 00:56:12,560 --> 00:56:12,840 Speaker 3: Do you know? 1124 00:56:12,960 --> 00:56:13,440 Speaker 21: Is it? 1125 00:56:13,520 --> 00:56:16,160 Speaker 2: You know the blox and thing he gave me the calendar? 1126 00:56:17,440 --> 00:56:21,440 Speaker 2: I paid eight hundred dollars. I knew you'd look like that, sair. 1127 00:56:21,640 --> 00:56:24,520 Speaker 2: I paid eight hundred dollars to frame it. But what 1128 00:56:24,640 --> 00:56:25,040 Speaker 2: a frame? 1129 00:56:25,600 --> 00:56:25,759 Speaker 5: You know? 1130 00:56:25,960 --> 00:56:27,640 Speaker 2: This place put some bison board on the back and 1131 00:56:27,640 --> 00:56:29,000 Speaker 2: stuck it on the wall. So mine' in the ball 1132 00:56:29,000 --> 00:56:30,799 Speaker 2: bar with an eight hundred dollars frame on it. Who's 1133 00:56:30,840 --> 00:56:33,640 Speaker 2: the biggest sucker I know? Don't answer that. Nine minutes 1134 00:56:33,640 --> 00:56:34,200 Speaker 2: away from. 1135 00:56:34,080 --> 00:56:38,800 Speaker 1: Eight, the Mike Hosking breakfast with Bailey's Real Estate news togs. 1136 00:56:38,800 --> 00:56:41,319 Speaker 2: They'd be seven away from back to the university's new 1137 00:56:41,360 --> 00:56:44,080 Speaker 2: idea aiming at slowing the brain drain Wellington, Otigo and 1138 00:56:44,120 --> 00:56:47,399 Speaker 2: aut have teamed up to launch Uni Exchange Arti rower 1139 00:56:47,520 --> 00:56:51,759 Speaker 2: Let's second year undergrad swap cities for a semester. Scholarships 1140 00:56:51,760 --> 00:56:54,520 Speaker 2: will be available, along with contributions towards the travel course costs, 1141 00:56:54,480 --> 00:56:56,920 Speaker 2: et cetera. Nick Smith is the VIC University of Wellington 1142 00:56:56,960 --> 00:57:01,160 Speaker 2: Vice Chancellor ers with us Nick Morning Mike does a 1143 00:57:01,239 --> 00:57:04,400 Speaker 2: semester scratch a niche if you have a niche to scratch. 1144 00:57:06,160 --> 00:57:08,360 Speaker 23: I think semester gives you an opportunity to engage in 1145 00:57:08,440 --> 00:57:11,400 Speaker 23: a different environment and to have an entirely different experience 1146 00:57:11,400 --> 00:57:13,280 Speaker 23: and a new university in a different city. 1147 00:57:13,760 --> 00:57:16,000 Speaker 2: Is this driven by if you've run it up one 1148 00:57:16,040 --> 00:57:20,160 Speaker 2: hundred students everyone and go, oh, great idea, let's do it. 1149 00:57:20,160 --> 00:57:21,640 Speaker 23: It's driven by probably two things. 1150 00:57:21,760 --> 00:57:21,920 Speaker 21: You know. 1151 00:57:21,960 --> 00:57:23,840 Speaker 23: One is, as you said in your intro, you know, 1152 00:57:23,920 --> 00:57:26,560 Speaker 23: we as a nation need to retain our best and 1153 00:57:26,600 --> 00:57:29,840 Speaker 23: brightest and we can actually offer a real diversity of 1154 00:57:29,880 --> 00:57:33,760 Speaker 23: experience within the fantastic universities that we have and It's 1155 00:57:33,760 --> 00:57:36,360 Speaker 23: also driven by the fact that you know, as universities, 1156 00:57:36,360 --> 00:57:39,360 Speaker 23: we haven't always worked as well together as we could have, 1157 00:57:40,240 --> 00:57:42,280 Speaker 23: and this seemed like a unique opportunity to do. 1158 00:57:42,320 --> 00:57:44,760 Speaker 2: So it was everyone on board. Did you approach this 1159 00:57:44,800 --> 00:57:47,280 Speaker 2: with everyone and only three came to the party? Or 1160 00:57:47,360 --> 00:57:51,040 Speaker 2: is this scalable if the demand dictates. 1161 00:57:52,440 --> 00:57:53,040 Speaker 22: Yeah, We've been. 1162 00:57:52,960 --> 00:57:55,200 Speaker 23: Working with both OTIGA and AGUT for a little while 1163 00:57:55,280 --> 00:57:57,880 Speaker 23: now around a range of things, you know, sharing buildings, 1164 00:57:57,920 --> 00:58:02,920 Speaker 23: sharing infrastructure, joint teaching, which we do with OTAGO. But 1165 00:58:02,960 --> 00:58:06,240 Speaker 23: the program is fundamentally scalable. The program is one where 1166 00:58:06,360 --> 00:58:10,120 Speaker 23: ultimately we could have New Zealand students spending a semester 1167 00:58:10,200 --> 00:58:12,440 Speaker 23: at another New zeal university across the whole country. 1168 00:58:12,520 --> 00:58:12,600 Speaker 21: Right. 1169 00:58:12,680 --> 00:58:16,440 Speaker 2: And what about these contributions you make for the tangibles? 1170 00:58:16,480 --> 00:58:18,720 Speaker 2: How real is that? Is it fifty cents or something 1171 00:58:18,840 --> 00:58:20,160 Speaker 2: that would actually make you move. 1172 00:58:22,160 --> 00:58:24,960 Speaker 23: It's designed to be no cost to the student, right, 1173 00:58:25,040 --> 00:58:27,760 Speaker 23: So we organize accommodation for them and we are give 1174 00:58:27,760 --> 00:58:30,919 Speaker 23: them enough to pay for travel. So the decision should 1175 00:58:30,920 --> 00:58:32,320 Speaker 23: be made on what they want to do and the 1176 00:58:32,320 --> 00:58:35,040 Speaker 23: experience they want to have, rather than a financial barrier 1177 00:58:35,080 --> 00:58:35,440 Speaker 23: to get. 1178 00:58:35,320 --> 00:58:38,200 Speaker 2: Over fantastic You happen to be the perfect bloke at 1179 00:58:38,200 --> 00:58:41,840 Speaker 2: the perfect time. We've just been discussing. Is the degree 1180 00:58:42,280 --> 00:58:44,040 Speaker 2: if you get a degree and then get a master's 1181 00:58:44,080 --> 00:58:45,840 Speaker 2: is that two separate degrees or one degree? 1182 00:58:47,560 --> 00:58:49,000 Speaker 23: Technically it's two separate degrees. 1183 00:58:49,120 --> 00:58:55,560 Speaker 2: So technically in a quiz and contest you would be 1184 00:58:55,680 --> 00:58:57,960 Speaker 2: correct in saying it's two degrees. Don't think of them 1185 00:58:58,000 --> 00:58:59,920 Speaker 2: as one. 1186 00:59:00,080 --> 00:59:02,320 Speaker 23: Yes, you would have two different degrees. You would have 1187 00:59:02,400 --> 00:59:05,440 Speaker 23: a bachelor undergraduate degree which you would write beside your 1188 00:59:05,520 --> 00:59:06,880 Speaker 23: name if you chose to, and then you would have 1189 00:59:06,880 --> 00:59:09,400 Speaker 23: a master's degree, which you would do the same thing. 1190 00:59:09,560 --> 00:59:11,880 Speaker 2: Good stuff, Nick, I appreciate your expertise very much on 1191 00:59:11,920 --> 00:59:15,040 Speaker 2: both subjects. Next Smith Victoria, University of Wellington, Vice Chancellor. 1192 00:59:15,640 --> 00:59:17,840 Speaker 2: So Sam says to me during the break, having said 1193 00:59:17,840 --> 00:59:19,440 Speaker 2: to me, well he's got a degree. If you've got 1194 00:59:19,440 --> 00:59:21,120 Speaker 2: a degree, if you actually got a degree, Oh, he 1195 00:59:21,160 --> 00:59:23,960 Speaker 2: has got a degree. It's not a diploma from the 1196 00:59:24,000 --> 00:59:27,880 Speaker 2: Polytech or anything. It's proper degrees. Okay. Anyway, so he 1197 00:59:27,920 --> 00:59:30,160 Speaker 2: says to me, I actually, technically I'm wrong. So this 1198 00:59:30,280 --> 00:59:31,880 Speaker 2: is how I get hung out to dry in front 1199 00:59:31,920 --> 00:59:34,120 Speaker 2: of hundreds of thousands people every morning. He goes, oh, no, 1200 00:59:34,240 --> 00:59:35,880 Speaker 2: it's not two degrees at all. And I go and 1201 00:59:35,960 --> 00:59:37,440 Speaker 2: I come on the radio and go, tell you what. 1202 00:59:37,440 --> 00:59:39,160 Speaker 2: It's not two degrees because of course Glenn and I 1203 00:59:39,200 --> 00:59:41,160 Speaker 2: have no degrees. Glenn and I bally went to school. 1204 00:59:41,240 --> 00:59:43,439 Speaker 13: I've just counted mine again and it's exactly. 1205 00:59:43,760 --> 00:59:46,080 Speaker 2: I've got zero two. So we rely on the educated 1206 00:59:46,080 --> 00:59:48,080 Speaker 2: members of the staff to help us out. And then 1207 00:59:48,120 --> 00:59:49,760 Speaker 2: so haven't gone out there and go, oh, it's not 1208 00:59:49,800 --> 00:59:52,040 Speaker 2: two degrees at all. No, no idiot would think it's 1209 00:59:52,040 --> 00:59:54,280 Speaker 2: two degrees. Then he goes, actually, technically I'm wrong. 1210 00:59:54,280 --> 00:59:55,880 Speaker 13: It's worse than looking at stuff on AI. 1211 00:59:56,040 --> 00:59:58,120 Speaker 2: It's unbelievable, isn't it. I don't know where we're at. 1212 00:59:58,160 --> 01:00:00,280 Speaker 2: I'm probably going to have to end up apologize to 1213 01:00:00,320 --> 01:00:02,800 Speaker 2: our friend at the university with his fifteen degrees and 1214 01:00:02,880 --> 01:00:06,800 Speaker 2: his sixty seven thousand dollars salary before I know it. Anyway, 1215 01:00:06,880 --> 01:00:11,040 Speaker 2: brad Thorne champions do extra more shortly here at the 1216 01:00:11,040 --> 01:00:12,000 Speaker 2: News Talks, theirv. 1217 01:00:13,560 --> 01:00:17,720 Speaker 1: Asking the questions others won't the mic asking breakfast with 1218 01:00:17,920 --> 01:00:22,040 Speaker 1: Bailey's real Estate doing real estate differently. Since nineteen seventy three, 1219 01:00:22,160 --> 01:00:23,200 Speaker 1: News Talks had been. 1220 01:00:23,160 --> 01:00:25,680 Speaker 2: At a seven past eight. Is anyone a greater coach 1221 01:00:25,720 --> 01:00:27,720 Speaker 2: wapper than Brad Thorne. The Great brad Thorne won the 1222 01:00:27,760 --> 01:00:29,320 Speaker 2: World Cup with the All Blacks. Of course, he got 1223 01:00:29,320 --> 01:00:32,320 Speaker 2: titles with the Crusaders. He got titles and the NRL 1224 01:00:32,400 --> 01:00:35,680 Speaker 2: as well, State of Origin Kangaroos. He's done at all. 1225 01:00:35,760 --> 01:00:38,120 Speaker 2: What drives him. He's got his book out. It's brilliant. 1226 01:00:38,200 --> 01:00:42,640 Speaker 2: Champions Do Extra. Bradthorn is with us. Good morning, Good 1227 01:00:42,640 --> 01:00:43,480 Speaker 2: morning to you, Mike. 1228 01:00:43,640 --> 01:00:44,360 Speaker 21: Thanks for having me on. 1229 01:00:44,600 --> 01:00:46,800 Speaker 2: Not at all, congratulations on the book. I love the title. 1230 01:00:46,840 --> 01:00:50,360 Speaker 2: Apart from anything, Champions Do Extra. Doesn't that say everything? 1231 01:00:51,760 --> 01:00:52,000 Speaker 22: Yeah? 1232 01:00:52,080 --> 01:00:56,160 Speaker 21: It was just something that my father talked about when 1233 01:00:56,240 --> 01:00:59,440 Speaker 21: I was younger, with me and my brother. And I 1234 01:00:59,480 --> 01:01:02,200 Speaker 21: know it's pop and obvious one there, but you know, 1235 01:01:03,000 --> 01:01:05,880 Speaker 21: just encouraging us to do. You know that that one 1236 01:01:05,920 --> 01:01:10,400 Speaker 21: step more than you know, I guess when applying ourselves. 1237 01:01:10,720 --> 01:01:14,520 Speaker 2: So you would argue that it's inherent or it's taught. 1238 01:01:14,560 --> 01:01:17,080 Speaker 2: In other words, that it is taught. Anyone can be 1239 01:01:17,160 --> 01:01:17,960 Speaker 2: taught to be great. 1240 01:01:19,520 --> 01:01:22,200 Speaker 21: Yeah, I think so. I think it's taught. Yeah, And 1241 01:01:22,720 --> 01:01:25,600 Speaker 21: I think you know, if you look in the environment 1242 01:01:25,640 --> 01:01:28,120 Speaker 21: I grew up, I'm a very competitive family. You know, 1243 01:01:28,240 --> 01:01:30,840 Speaker 21: my father, my brother is like six foot eight, he 1244 01:01:30,960 --> 01:01:34,000 Speaker 21: was two years older than me. Spent my whole junior 1245 01:01:34,080 --> 01:01:37,360 Speaker 21: life having to compete my butt off to try and 1246 01:01:37,400 --> 01:01:41,000 Speaker 21: win anything, and then you know, just those different times. 1247 01:01:41,400 --> 01:01:44,720 Speaker 21: You know, obviously I got my mum's great mother, but 1248 01:01:44,880 --> 01:01:48,920 Speaker 21: you know, my father really drove that that that mindset 1249 01:01:49,000 --> 01:01:51,920 Speaker 21: and wanted to see me and my brother and a chief. 1250 01:01:52,160 --> 01:01:54,840 Speaker 2: Yeah, was it the mindset of the time. So in 1251 01:01:54,880 --> 01:01:58,400 Speaker 2: other words, was he a tough dad? And in today's 1252 01:01:58,480 --> 01:02:01,200 Speaker 2: day and age, your tough dad might be a little ott. 1253 01:02:04,160 --> 01:02:08,440 Speaker 21: Yeah, we're pretty determined. He came from his background. His 1254 01:02:08,680 --> 01:02:11,480 Speaker 21: father came back from World War Two, and he also 1255 01:02:11,760 --> 01:02:16,240 Speaker 21: his father had anxiety. He's an alcoholic. He became an alcoholic, 1256 01:02:16,280 --> 01:02:18,600 Speaker 21: and it was, you know, day grew up in state housing. 1257 01:02:19,280 --> 01:02:25,520 Speaker 21: You bread and drippings. You know, he didn't you know, 1258 01:02:25,560 --> 01:02:28,760 Speaker 21: he would have loved to have, you know, got I 1259 01:02:28,800 --> 01:02:31,520 Speaker 21: guess more support, you know around his dad's dad was 1260 01:02:31,600 --> 01:02:34,800 Speaker 21: trying to cope with I guess life. And when dad 1261 01:02:35,280 --> 01:02:38,160 Speaker 21: had his us as sons and his kids, he poured 1262 01:02:38,200 --> 01:02:41,880 Speaker 21: everything into us that he wished. I guess he got 1263 01:02:41,880 --> 01:02:46,320 Speaker 21: that support. And sometimes that was an arm around the shoulder. 1264 01:02:46,440 --> 01:02:49,280 Speaker 21: Sometimes that was a kick out the backside. He wasn't 1265 01:02:49,880 --> 01:02:53,840 Speaker 21: he was balanced, you know, he was very thoughtful around us. 1266 01:02:53,920 --> 01:02:56,680 Speaker 21: Mum and him would have imagine, talked quite a bit. 1267 01:02:56,760 --> 01:02:59,840 Speaker 21: And I'm just grateful, you know, the strong role of 1268 01:03:00,120 --> 01:03:03,800 Speaker 21: father and a great mother. You know, I was really blessed. 1269 01:03:03,960 --> 01:03:05,440 Speaker 2: That's a that's a great way of putting it. The 1270 01:03:05,440 --> 01:03:07,360 Speaker 2: balance thing, because if you go back far enough, I 1271 01:03:07,360 --> 01:03:09,600 Speaker 2: mean dad was always the tough bastard and Mum was 1272 01:03:09,640 --> 01:03:12,080 Speaker 2: the soft touch. Whereas having a dad who can put 1273 01:03:12,080 --> 01:03:14,240 Speaker 2: his arm around you and talk to you as well 1274 01:03:14,240 --> 01:03:17,440 Speaker 2: as kicking up the backside. That that's the goal, isn't. 1275 01:03:17,240 --> 01:03:22,120 Speaker 21: It's so important is that you know, it's in my 1276 01:03:22,360 --> 01:03:26,960 Speaker 21: own fortune of my own obviously coached at the end 1277 01:03:26,960 --> 01:03:30,720 Speaker 21: of my playing career, and yeah, it's it's just picking 1278 01:03:30,760 --> 01:03:36,280 Speaker 21: those times and yeah, that balance is key, do you know? 1279 01:03:36,320 --> 01:03:39,640 Speaker 21: And the main thing is that you know that they 1280 01:03:39,720 --> 01:03:41,440 Speaker 21: care precisely. 1281 01:03:41,840 --> 01:03:44,520 Speaker 2: Do you instilled in your kids what he instilled in you? 1282 01:03:46,080 --> 01:03:49,160 Speaker 21: Yeah, it's you many you know, if you ask me 1283 01:03:49,240 --> 01:03:51,920 Speaker 21: who is obviously he's my father. Who's my who is 1284 01:03:51,960 --> 01:03:54,520 Speaker 21: my best coach? So my dad? You know a lot 1285 01:03:54,520 --> 01:04:01,080 Speaker 21: of it was around mindset and you know, having a 1286 01:04:01,120 --> 01:04:05,000 Speaker 21: positive mindset and putting in the work, being the work 1287 01:04:05,000 --> 01:04:08,960 Speaker 21: ethic to them, being able to have the belief, to 1288 01:04:09,120 --> 01:04:11,840 Speaker 21: having earned the belief, to be able to achieve the 1289 01:04:12,440 --> 01:04:14,200 Speaker 21: things that you want to achieve, and the potential that 1290 01:04:14,240 --> 01:04:16,720 Speaker 21: you have. And we all have potential. So I'd like 1291 01:04:16,760 --> 01:04:20,120 Speaker 21: to think that you know I've done you know, I've 1292 01:04:20,120 --> 01:04:24,800 Speaker 21: been similar with my kids. The biggest one is I 1293 01:04:24,840 --> 01:04:27,919 Speaker 21: said care before you can't loving. You know, I knew 1294 01:04:27,960 --> 01:04:32,560 Speaker 21: my dad loved me, and my mom and dad. You know, 1295 01:04:32,720 --> 01:04:35,400 Speaker 21: it's something that I've tried to take on in my family. 1296 01:04:35,440 --> 01:04:38,040 Speaker 2: Good stuff. Listen, hold on Champions Do Extras the book 1297 01:04:38,080 --> 01:04:40,880 Speaker 2: Brad Thorne more shortly eleven past. 1298 01:04:40,920 --> 01:04:45,440 Speaker 1: The Mike Hosking Breakfast Full Show podcast on iHeartRadio, part 1299 01:04:45,520 --> 01:04:47,600 Speaker 1: by News Talks It Be It. 1300 01:04:47,680 --> 01:04:49,920 Speaker 2: Talks Me fourteen minutes past eight to bred Thorn is 1301 01:04:49,960 --> 01:04:52,520 Speaker 2: with us out of Queensland this morning. His book as 1302 01:04:52,600 --> 01:04:54,720 Speaker 2: Champions Do Extra Now listen to the area of bread 1303 01:04:54,720 --> 01:04:57,840 Speaker 2: that fascinates me. So your story's classic, right, Your dad 1304 01:04:57,840 --> 01:05:00,880 Speaker 2: comes from adversity. If you come from adversity, you then 1305 01:05:00,960 --> 01:05:04,200 Speaker 2: work hard so that adversity doesn't transfer, of course to 1306 01:05:04,240 --> 01:05:06,160 Speaker 2: the next generation. But then you get to you, you 1307 01:05:06,200 --> 01:05:08,560 Speaker 2: and your kids now, I'm assuming you're leading a comfortable, 1308 01:05:08,560 --> 01:05:11,840 Speaker 2: happy life. Therefore, do you worry that that that they've 1309 01:05:11,840 --> 01:05:14,680 Speaker 2: got a little bit easy and the adversity that drove you, 1310 01:05:15,240 --> 01:05:16,200 Speaker 2: it doesn't drive them. 1311 01:05:16,600 --> 01:05:19,160 Speaker 21: Yeah, well, I guess you know, they're young adults now 1312 01:05:19,400 --> 01:05:21,880 Speaker 21: and you know they're having a good crack at life, 1313 01:05:21,920 --> 01:05:23,800 Speaker 21: each one of them. You know, ones of the military, 1314 01:05:23,960 --> 01:05:27,640 Speaker 21: you know what ones at UNI. You know, you know, 1315 01:05:27,760 --> 01:05:33,200 Speaker 21: so you have achievements and stuff, but it's more so 1316 01:05:33,440 --> 01:05:36,400 Speaker 21: the character of you know, I've got three sons, the 1317 01:05:36,480 --> 01:05:40,320 Speaker 21: character of them as as young men, my daughter last 1318 01:05:40,400 --> 01:05:44,840 Speaker 21: year high school. It's you know, it's I want them 1319 01:05:44,880 --> 01:05:46,960 Speaker 21: to achieve. I want them to reach their potential. And 1320 01:05:47,560 --> 01:05:50,120 Speaker 21: I guess like my father want them to through all that, 1321 01:05:50,160 --> 01:05:54,160 Speaker 21: you know, you go in character, and you know every 1322 01:05:54,280 --> 01:05:57,560 Speaker 21: parent's proud of their kids, but you know they along 1323 01:05:57,600 --> 01:05:59,720 Speaker 21: the way, you know, when they fell over and just 1324 01:06:00,240 --> 01:06:02,200 Speaker 21: well we didn't just me and my wife didn't rush 1325 01:06:02,240 --> 01:06:04,720 Speaker 21: and pick them up or you know, they had their 1326 01:06:05,720 --> 01:06:09,960 Speaker 21: challenges like we all do. And you just like I said, 1327 01:06:10,160 --> 01:06:12,560 Speaker 21: they know that you love them, they know that you're there, 1328 01:06:12,840 --> 01:06:16,520 Speaker 21: but you're allowing them to fight their own battles and 1329 01:06:16,520 --> 01:06:20,360 Speaker 21: and and grow and that's where they get their strengthen 1330 01:06:21,120 --> 01:06:22,160 Speaker 21: and their humility. 1331 01:06:22,800 --> 01:06:26,080 Speaker 2: What do you reckon the equation is and you talk 1332 01:06:26,080 --> 01:06:31,400 Speaker 2: about adversity and hard work, do you how naturally gifted 1333 01:06:31,440 --> 01:06:34,520 Speaker 2: do you have to be to add the hard work 1334 01:06:34,800 --> 01:06:36,120 Speaker 2: to get to the very top? 1335 01:06:38,440 --> 01:06:41,120 Speaker 21: Yeah, well you get you get these guys like example 1336 01:06:41,160 --> 01:06:43,200 Speaker 21: would be you know we're probably similar area, like a 1337 01:06:43,280 --> 01:06:47,160 Speaker 21: Michael Jordan when you agree you know, did you if 1338 01:06:47,160 --> 01:06:52,640 Speaker 21: you watched his uh the last dance that you got 1339 01:06:52,680 --> 01:06:56,320 Speaker 21: to see what sort of mindset he was and you 1340 01:06:56,400 --> 01:06:59,919 Speaker 21: see talent and you see mindset. You know, that sort 1341 01:06:59,920 --> 01:07:01,960 Speaker 21: of mindset come together and you get greatness. 1342 01:07:02,000 --> 01:07:02,200 Speaker 3: You know. 1343 01:07:02,400 --> 01:07:08,200 Speaker 21: So sometimes you know there's different levels of talent. That 1344 01:07:08,240 --> 01:07:11,120 Speaker 21: doesn't make anyone less, it's just what their abilities are. 1345 01:07:11,160 --> 01:07:14,640 Speaker 21: And you know, I just think hard work takes you 1346 01:07:14,720 --> 01:07:17,439 Speaker 21: so far, Mike, It just takes you so far. And 1347 01:07:18,320 --> 01:07:21,560 Speaker 21: you know, as many times with Richard McCaw there's different 1348 01:07:21,560 --> 01:07:25,520 Speaker 21: parts of the game. I didn't think initially he was natural, 1349 01:07:25,880 --> 01:07:29,600 Speaker 21: but he just worked hard on it and you saw 1350 01:07:29,640 --> 01:07:33,480 Speaker 21: those parts of his game develop and and added to 1351 01:07:33,800 --> 01:07:37,160 Speaker 21: what he was great at as well. So hard works 1352 01:07:37,960 --> 01:07:38,800 Speaker 21: takes you a long way. 1353 01:07:39,120 --> 01:07:41,840 Speaker 2: That's that's the that's The other thing that fascinates me 1354 01:07:41,920 --> 01:07:44,800 Speaker 2: so your success. So you worked hard, You're naturally gifted, 1355 01:07:44,840 --> 01:07:47,360 Speaker 2: you work hard, but you also ended up in a 1356 01:07:47,400 --> 01:07:50,560 Speaker 2: couple of franchises, both in league and in Union, where 1357 01:07:50,680 --> 01:07:54,960 Speaker 2: I'm assuming doing well is not only encouraged, it's expected, 1358 01:07:55,000 --> 01:07:57,280 Speaker 2: and therefore doing well becomes easier. 1359 01:07:58,400 --> 01:08:00,520 Speaker 21: Big part of why I went to the Crew Shatters, 1360 01:08:00,600 --> 01:08:03,360 Speaker 21: you know, I was actually from take on that challenge 1361 01:08:03,400 --> 01:08:07,080 Speaker 21: with Rugby to go back. I'm actually from Targo. I 1362 01:08:07,160 --> 01:08:09,800 Speaker 21: was born in mys Girl, which is near d n, Eden, 1363 01:08:09,880 --> 01:08:12,920 Speaker 21: and all my relations went down there. My father was 1364 01:08:13,720 --> 01:08:18,200 Speaker 21: as a child represented o Targo at Ragby as a schoolboy. 1365 01:08:18,240 --> 01:08:22,920 Speaker 21: He's a sprint champion whatever, so I always my mindset 1366 01:08:23,000 --> 01:08:25,080 Speaker 21: was to go there to pursue it. It was Wayne 1367 01:08:25,080 --> 01:08:30,040 Speaker 21: Bennett who stepped in and said, a thorny I told 1368 01:08:30,120 --> 01:08:33,879 Speaker 21: him I'm going back. And the awesome thing was Wayne said, 1369 01:08:34,200 --> 01:08:37,320 Speaker 21: how good you go at it? Son, you know, And 1370 01:08:38,320 --> 01:08:41,080 Speaker 21: he had a relationship with Steve Hanson who had come 1371 01:08:41,120 --> 01:08:44,200 Speaker 21: across to just you know, check out the Broncos. And 1372 01:08:45,240 --> 01:08:46,960 Speaker 21: Wayne was the guy who said, look, they've got a 1373 01:08:46,960 --> 01:08:49,880 Speaker 21: good program. It'd be worth having a chat to them. 1374 01:08:50,000 --> 01:08:53,920 Speaker 21: So that there's a Reds game on when they come over, 1375 01:08:54,200 --> 01:08:56,200 Speaker 21: why don't you go and catch up with him. I 1376 01:08:56,240 --> 01:08:59,120 Speaker 21: went and catched up with him, and I was really impressive, 1377 01:08:59,240 --> 01:09:02,800 Speaker 21: Robbie Deans, Steve Hanson and the whole setup. And I'd 1378 01:09:02,840 --> 01:09:05,680 Speaker 21: seen what they've done with Ron Krab, Norm Berriman, the 1379 01:09:05,760 --> 01:09:08,320 Speaker 21: sort of guys and and in that environment. So I 1380 01:09:08,360 --> 01:09:10,640 Speaker 21: went to a city where I knew nobody lived in 1381 01:09:10,640 --> 01:09:13,880 Speaker 21: a one batchelor apartment. It made it harder, but I 1382 01:09:13,960 --> 01:09:17,519 Speaker 21: knew that it was the best place to go because 1383 01:09:17,520 --> 01:09:22,320 Speaker 21: I'd be amongst the best, and that's the best way 1384 01:09:22,360 --> 01:09:22,920 Speaker 21: of learning. 1385 01:09:23,200 --> 01:09:25,240 Speaker 2: You'd give us. You can give us some insight into this, 1386 01:09:25,280 --> 01:09:27,160 Speaker 2: because we are, of course going through the process of 1387 01:09:27,200 --> 01:09:28,840 Speaker 2: looking for a new coach for the All Blacks. At 1388 01:09:28,840 --> 01:09:31,480 Speaker 2: the moment when you deal with Robbie Deans, Wayne Bennett 1389 01:09:32,080 --> 01:09:34,679 Speaker 2: is there, and in course you've gone on to coaching. 1390 01:09:35,160 --> 01:09:37,920 Speaker 2: Is there a magic about those sort of people. 1391 01:09:39,640 --> 01:09:42,559 Speaker 21: Yeah, they have a mike, they have a presence. You know, 1392 01:09:42,840 --> 01:09:46,000 Speaker 21: you said, you know when I first walked in Dwayne Bennett, 1393 01:09:46,040 --> 01:09:48,160 Speaker 21: as I said, any here old and they had a presence, 1394 01:09:48,200 --> 01:09:53,479 Speaker 21: and so as Robbie and all those great coaches. So 1395 01:09:53,520 --> 01:09:58,960 Speaker 21: they had that presence and you know they're they're very 1396 01:09:59,120 --> 01:10:04,800 Speaker 21: often compared competitive people. You know, the full picture, the smarts, 1397 01:10:04,840 --> 01:10:08,880 Speaker 21: the experience, you know, and they know how to get 1398 01:10:09,800 --> 01:10:12,439 Speaker 21: the best out of people. The people and I guess 1399 01:10:12,439 --> 01:10:17,040 Speaker 21: at head coaching level, that's your staff, that's your playing group, 1400 01:10:17,120 --> 01:10:19,920 Speaker 21: that's you know, it's a whole package. A head coach 1401 01:10:20,000 --> 01:10:22,160 Speaker 21: is always like a bit of a CEO these days, 1402 01:10:22,600 --> 01:10:26,640 Speaker 21: managing up, managing down. So those guys were I just 1403 01:10:26,640 --> 01:10:29,720 Speaker 21: feel so blessed I had the coaches, Joe Schmidt, you know, 1404 01:10:30,360 --> 01:10:34,439 Speaker 21: I could keep going through the coaches, and it was 1405 01:10:34,479 --> 01:10:36,519 Speaker 21: it was a privilege to play for those guys. 1406 01:10:36,840 --> 01:10:39,519 Speaker 2: How do you handle it? How have you handled it? 1407 01:10:39,560 --> 01:10:42,000 Speaker 2: And I'm talking about towards the end. You played till 1408 01:10:42,000 --> 01:10:44,200 Speaker 2: you're forty one, So that's impressive. You played at the 1409 01:10:44,280 --> 01:10:46,519 Speaker 2: very highest level. So the big question for all athletes 1410 01:10:46,600 --> 01:10:48,519 Speaker 2: is what next? How do I do it? How do 1411 01:10:48,560 --> 01:10:51,120 Speaker 2: I handle it? How does it go? How do you 1412 01:10:51,160 --> 01:10:52,120 Speaker 2: reckon you're handling it? 1413 01:10:53,479 --> 01:10:57,360 Speaker 21: Yeah? I think it was. Yeah. I came back to Brisbane, 1414 01:10:57,360 --> 01:11:00,360 Speaker 21: that's sort of where we see our home. Brought out 1415 01:11:00,400 --> 01:11:04,160 Speaker 21: four kids back and we wanted to give them that 1416 01:11:04,560 --> 01:11:07,519 Speaker 21: Australian New Zealand and upbringing and be able to establish friends, 1417 01:11:07,560 --> 01:11:10,840 Speaker 21: and I thought I ended up at the Reds there 1418 01:11:10,880 --> 01:11:13,679 Speaker 21: was an opportunity there with the sort of lower level 1419 01:11:13,720 --> 01:11:16,479 Speaker 21: with under twenties, and I thought, you know, I've had 1420 01:11:16,840 --> 01:11:20,760 Speaker 21: twenty two years of playing Raby, surely can coach from 1421 01:11:20,800 --> 01:11:24,840 Speaker 21: seventeen and eighteen year olds. And then within two years 1422 01:11:24,840 --> 01:11:30,120 Speaker 21: that quickly turned into me coaching the top team. Six 1423 01:11:30,200 --> 01:11:32,800 Speaker 21: years went by and it was solid six years. You know, 1424 01:11:32,920 --> 01:11:38,679 Speaker 21: it was harder challenge than going from league to union. 1425 01:11:38,720 --> 01:11:41,439 Speaker 21: Then where I am now the last two years, I 1426 01:11:41,520 --> 01:11:45,160 Speaker 21: mean I've had a break. I'm coaching at first firsteen level, 1427 01:11:46,040 --> 01:11:50,120 Speaker 21: doing some other things, but yeah, I feel what a 1428 01:11:50,120 --> 01:11:53,439 Speaker 21: healthy space. I think the key mic is not having 1429 01:11:53,479 --> 01:11:58,160 Speaker 21: an identity wrapped up in all of that, because when 1430 01:11:58,160 --> 01:12:02,040 Speaker 21: that disappears, that's when I think sometimes people will get 1431 01:12:02,080 --> 01:12:05,040 Speaker 21: in a bit of trouble when you know they can 1432 01:12:05,120 --> 01:12:09,439 Speaker 21: fill down and instead of so, yeah, my identity is 1433 01:12:09,920 --> 01:12:14,040 Speaker 21: not just a footy player coach. And you know, I'm 1434 01:12:14,040 --> 01:12:18,240 Speaker 21: a Christian. I have a family, and I've kept my 1435 01:12:18,280 --> 01:12:22,679 Speaker 21: friendships from even my youngest years as a My oldest 1436 01:12:22,680 --> 01:12:25,360 Speaker 21: friend is from being a five year old, and I 1437 01:12:26,240 --> 01:12:29,599 Speaker 21: you know, I think that brings strength and you know 1438 01:12:29,800 --> 01:12:33,559 Speaker 21: I look to try and a purpose in each day. 1439 01:12:33,960 --> 01:12:35,519 Speaker 2: Well, good on you. It's good to hear that too. 1440 01:12:35,520 --> 01:12:38,120 Speaker 2: Congratulations as I say on the book, and well then 1441 01:12:38,120 --> 01:12:40,080 Speaker 2: lovely to catch up and talk with you and go. 1442 01:12:40,120 --> 01:12:42,240 Speaker 21: Well appreciate it my thanks, thanks mate. 1443 01:12:42,360 --> 01:12:45,280 Speaker 2: Here we go Rad Thorne out of Queensland this morning 1444 01:12:45,320 --> 01:12:49,320 Speaker 2: the Bookers Champions do Extra two. 1445 01:12:49,920 --> 01:12:54,560 Speaker 1: The Mike Hosking Breakfast with Vita Retirement Communities, New Togs. 1446 01:12:54,320 --> 01:12:57,040 Speaker 2: Dead b question. What makes them so good? It's the 1447 01:12:57,080 --> 01:13:00,439 Speaker 2: product s BS First Home Combo. It comes with a 1448 01:13:00,439 --> 01:13:03,320 Speaker 2: lot of impressive inclusions. You got a heavily discounted interest rate, 1449 01:13:03,760 --> 01:13:05,639 Speaker 2: you got a cash back offer, You've got a contribution 1450 01:13:05,680 --> 01:13:08,160 Speaker 2: towards SBS insurance home policies, you got money back into 1451 01:13:08,160 --> 01:13:10,800 Speaker 2: an SBS Wealth Keiwi Saber. So that's a lot of 1452 01:13:10,840 --> 01:13:12,640 Speaker 2: savings for first home buyers. Now, if you're looking to 1453 01:13:12,640 --> 01:13:14,519 Speaker 2: buy your first home, or indeed if you got a 1454 01:13:14,520 --> 01:13:16,760 Speaker 2: first home buyer in your life, whether it's the kids 1455 01:13:16,840 --> 01:13:20,240 Speaker 2: or the grandkids, SBS bank should be your first port 1456 01:13:20,280 --> 01:13:24,839 Speaker 2: of call because first home lending an eligibility criteria applies, 1457 01:13:24,880 --> 01:13:26,439 Speaker 2: of course, but for all you need to know about 1458 01:13:26,479 --> 01:13:29,519 Speaker 2: SBS banks terms, fees and charges. Just go to the 1459 01:13:29,600 --> 01:13:33,040 Speaker 2: SBS website. So if you're ready to follow those awards 1460 01:13:33,160 --> 01:13:35,880 Speaker 2: to the Great Home Loan search SBS Bank, talk to 1461 01:13:35,880 --> 01:13:37,760 Speaker 2: your mortgage broker if you want, and talk to them 1462 01:13:37,800 --> 01:13:44,200 Speaker 2: about the SBS first Home Combo pasking fed's held three 1463 01:13:44,280 --> 01:13:46,600 Speaker 2: five to three seven five. They do it and arrange 1464 01:13:46,720 --> 01:13:49,680 Speaker 2: two descent as one of them's areant the trump Man 1465 01:13:49,680 --> 01:13:52,160 Speaker 2: who wanted to cut. So two descenters wanted cuts, but 1466 01:13:52,200 --> 01:13:54,600 Speaker 2: there is no cut. Trump said nothing yet, but he 1467 01:13:54,680 --> 01:13:57,559 Speaker 2: will because he's rapable, he's infuriated, all that sort of stuff. 1468 01:13:57,560 --> 01:13:59,800 Speaker 2: I had a quote I haven't got it here, but 1469 01:14:00,320 --> 01:14:02,160 Speaker 2: Trump the other day was asked about as he got 1470 01:14:02,200 --> 01:14:04,479 Speaker 2: down to you know, who's going to pick two replace Powell? 1471 01:14:04,520 --> 01:14:06,760 Speaker 2: He goes, I think we're down to three. Actually we're 1472 01:14:06,800 --> 01:14:08,680 Speaker 2: down to two. In fact, I could probably tell you 1473 01:14:08,720 --> 01:14:10,439 Speaker 2: we're down to one. So you couldn't work out by 1474 01:14:10,479 --> 01:14:12,719 Speaker 2: the time he'd done the one sentence was there at three? 1475 01:14:12,840 --> 01:14:15,439 Speaker 2: Was it two? Or was it one? What an amazing person. 1476 01:14:15,560 --> 01:14:17,439 Speaker 2: Mike loved the interview. A great title for the book. 1477 01:14:17,439 --> 01:14:19,640 Speaker 2: Words to remember quite right. Mike car is lucky enough 1478 01:14:19,680 --> 01:14:21,559 Speaker 2: to be at the anniversary game when Monthster played the 1479 01:14:21,560 --> 01:14:24,360 Speaker 2: All Blacks Limerick two thousand and eight, ten minutes ago 1480 01:14:24,439 --> 01:14:27,120 Speaker 2: AB's losing. Thorn comes on from the bench, calls the 1481 01:14:27,120 --> 01:14:30,120 Speaker 2: team around. A AB's win by two doesn't surprise me. Mike, 1482 01:14:30,160 --> 01:14:33,080 Speaker 2: What an inspirational man he is. Theme of the day, Mike, 1483 01:14:33,120 --> 01:14:34,720 Speaker 2: hard work gets you further. Isn't that good? If you 1484 01:14:34,720 --> 01:14:38,280 Speaker 2: missed Judith Collins, Judith Collins, Brad Thorn. It's not just 1485 01:14:38,280 --> 01:14:40,760 Speaker 2: just talking, sayings and hot hair. Anyone can say that, oh, 1486 01:14:40,760 --> 01:14:42,720 Speaker 2: if you work out, he'll do better. A couple of 1487 01:14:42,880 --> 01:14:46,960 Speaker 2: very good examples, tangible, living breathing examples, have said, independently 1488 01:14:47,000 --> 01:14:50,000 Speaker 2: of each other, the exact same thing. If you work 1489 01:14:50,080 --> 01:14:54,439 Speaker 2: hard and determined, guess what you will succeed. I must 1490 01:14:54,479 --> 01:14:57,120 Speaker 2: get the weather update. Chandra has been a thing apparently 1491 01:14:57,560 --> 01:15:00,320 Speaker 2: in the northern hemisphere in Britain. We were hunkering down 1492 01:15:00,360 --> 01:15:03,320 Speaker 2: and the window the rain was coming in Starmers in China. 1493 01:15:04,000 --> 01:15:05,960 Speaker 2: And that's a tight ripe at the moment. And of 1494 01:15:05,960 --> 01:15:08,920 Speaker 2: course we've got this ongoing scrap over the coming by 1495 01:15:08,960 --> 01:15:11,639 Speaker 2: election in Manchester, all of this in war with Rod. 1496 01:15:11,920 --> 01:15:15,160 Speaker 2: He's next after the news here on the Mic Hosking. 1497 01:15:14,840 --> 01:15:21,200 Speaker 1: Breaks opinionated, informed, un apologetic, The Mic Hosking Breakfast with 1498 01:15:21,479 --> 01:15:25,599 Speaker 1: a Vita, Retirement, Communities, Life your Way, News Talks head. 1499 01:15:25,400 --> 01:15:28,080 Speaker 2: Be now Jerome Perl, as I told you just before, 1500 01:15:28,080 --> 01:15:32,439 Speaker 2: the news has decided, we're not going anywhere, and he 1501 01:15:32,560 --> 01:15:34,799 Speaker 2: is speaking to the wider world and telling us why. 1502 01:15:36,640 --> 01:15:41,000 Speaker 20: We remain committed to supporting maximum employment, bringing inflation sustainably 1503 01:15:41,080 --> 01:15:44,280 Speaker 20: to our two percent goal, and keeping longer term inflation 1504 01:15:44,400 --> 01:15:49,240 Speaker 20: expectations well anchored. Our success in delivering on these goals 1505 01:15:49,280 --> 01:15:52,519 Speaker 20: matters to all Americans. We at the FED will continue 1506 01:15:52,520 --> 01:15:55,679 Speaker 20: to do our jobs with objectivity, integrity, and a deep 1507 01:15:55,680 --> 01:15:57,400 Speaker 20: commitment to serve the American people. 1508 01:15:57,880 --> 01:15:58,960 Speaker 2: There we go, Thank you. 1509 01:15:59,200 --> 01:16:00,160 Speaker 20: I look forward to your. 1510 01:16:00,080 --> 01:16:04,720 Speaker 14: Questions, international correspondence with ends in eye insurance, peace of 1511 01:16:04,800 --> 01:16:06,160 Speaker 14: mind for New Zealand business. 1512 01:16:06,280 --> 01:16:09,040 Speaker 2: There's not a prerequisite that you have to be dull 1513 01:16:09,040 --> 01:16:11,880 Speaker 2: as ditchwater to be a central banker. Just just a question. 1514 01:16:12,000 --> 01:16:14,799 Speaker 2: By the way, my fate, well was it? My favorite story, certainly, 1515 01:16:14,840 --> 01:16:18,080 Speaker 2: the most uplifting story yesterday was from the good people 1516 01:16:18,160 --> 01:16:21,120 Speaker 2: at O Poor Forest. And I tried to say this 1517 01:16:21,200 --> 01:16:23,519 Speaker 2: several times, and this once again park up the tragedy 1518 01:16:23,520 --> 01:16:26,040 Speaker 2: of Mount Mongenery no one's arguing it's not a tragedy 1519 01:16:26,120 --> 01:16:28,519 Speaker 2: and a disaster, and in some of the other parts 1520 01:16:28,520 --> 01:16:30,439 Speaker 2: of the country that were adversely affected by the weather. 1521 01:16:30,680 --> 01:16:32,400 Speaker 2: But what I tried to say is that for many 1522 01:16:32,439 --> 01:16:34,920 Speaker 2: parts of the country what we've seen weatherwise over summer 1523 01:16:34,960 --> 01:16:37,400 Speaker 2: is actually not bad. And a lot of us on 1524 01:16:37,439 --> 01:16:39,680 Speaker 2: the land actually quite like a little bit of rain 1525 01:16:39,720 --> 01:16:43,040 Speaker 2: over the summer period. And from Opoor Forest yesterday it 1526 01:16:43,240 --> 01:16:47,840 Speaker 2: was quote absolute pure gold. A warm deluge arrived at 1527 01:16:47,840 --> 01:16:51,240 Speaker 2: exactly the right moment. Twenty mills day, one, ninety mills 1528 01:16:51,280 --> 01:16:53,800 Speaker 2: the next day, followed by a steady, windless rain a 1529 01:16:53,840 --> 01:16:56,400 Speaker 2: week's total of between one sixty and two point fifty 1530 01:16:57,000 --> 01:17:00,400 Speaker 2: I deal. The positive effect on the trees was immediate. 1531 01:17:00,800 --> 01:17:04,960 Speaker 2: New growth appeared almost instantly years ago. And here's the point. 1532 01:17:05,000 --> 01:17:08,120 Speaker 2: The Opah Forest was set aside for nature to prevent 1533 01:17:08,240 --> 01:17:12,120 Speaker 2: land failures and silt from washing into the Bay of Islands, 1534 01:17:12,479 --> 01:17:14,519 Speaker 2: and it's doing its job. 1535 01:17:15,720 --> 01:17:20,720 Speaker 14: Nine International correspondence with ends in eye insurance, Peace of 1536 01:17:20,760 --> 01:17:22,080 Speaker 14: mind for New Zealand business. 1537 01:17:22,200 --> 01:17:24,479 Speaker 2: Roderick Little is with us from the greatest of Britain. 1538 01:17:24,520 --> 01:17:26,080 Speaker 2: Good morning to You're a friend. 1539 01:17:26,800 --> 01:17:28,799 Speaker 22: Come more to you, Mike as well. 1540 01:17:28,920 --> 01:17:32,840 Speaker 2: Chandra storm and are we okay? Was it devastating? Was 1541 01:17:32,880 --> 01:17:33,960 Speaker 2: it a problem? What happened? 1542 01:17:35,160 --> 01:17:39,080 Speaker 22: Oh it was It was a marginal storm. All of 1543 01:17:39,080 --> 01:17:44,120 Speaker 22: these storms are currently being whipped up. I don't quite 1544 01:17:44,200 --> 01:17:50,080 Speaker 22: understand why. And Chandra was a problem for parts of 1545 01:17:50,120 --> 01:17:54,040 Speaker 22: this very southwest. I couldn't get to the supermarket because 1546 01:17:54,080 --> 01:17:56,680 Speaker 22: I was blocked in by snow and I'm in the 1547 01:17:56,720 --> 01:17:59,960 Speaker 22: middle of the Pennines and you expect that in winter. Frank, 1548 01:18:01,840 --> 01:18:04,800 Speaker 22: I think it's all being a little overstated. I also 1549 01:18:04,840 --> 01:18:07,120 Speaker 22: don't know where the name Chandra comes from. 1550 01:18:07,720 --> 01:18:11,680 Speaker 2: But there we are, Okay, Starmer's in China. What is 1551 01:18:11,720 --> 01:18:14,320 Speaker 2: there something tangible he's going to bring back from that 1552 01:18:14,479 --> 01:18:17,080 Speaker 2: or is this just walking the diplomatic type rope that 1553 01:18:17,120 --> 01:18:18,400 Speaker 2: we walk these days. 1554 01:18:19,080 --> 01:18:22,639 Speaker 22: It's walking the diplomatic tightrope. And you have to say 1555 01:18:22,840 --> 01:18:26,840 Speaker 22: that though he's been remissing so many other areas, he's 1556 01:18:26,880 --> 01:18:29,479 Speaker 22: done that rather well. I think it's what he was 1557 01:18:29,560 --> 01:18:33,160 Speaker 22: born to do, which was to come down on either 1558 01:18:33,240 --> 01:18:37,639 Speaker 22: side on any occasion. So he has said that our 1559 01:18:37,680 --> 01:18:40,640 Speaker 22: relationship with China has been hot and cold over the 1560 01:18:40,760 --> 01:18:44,559 Speaker 22: last twenty five years, which is absolutely right. At one moment, 1561 01:18:44,600 --> 01:18:48,240 Speaker 22: we're desperate to get Chinese investment. At the next moment, 1562 01:18:48,240 --> 01:18:53,160 Speaker 22: we're desperate to stop Chinese people infiltrating our political system 1563 01:18:53,840 --> 01:18:58,600 Speaker 22: and country. I don't see that there's anything in what 1564 01:18:58,760 --> 01:19:03,280 Speaker 22: he's talking about with g that will change that. We 1565 01:19:03,360 --> 01:19:07,280 Speaker 22: will continue to have worries about the Chinese embassy being 1566 01:19:07,320 --> 01:19:10,759 Speaker 22: built in London next to all of our important stuff 1567 01:19:11,560 --> 01:19:15,120 Speaker 22: and with its secret rooms. We will continue to worry 1568 01:19:15,120 --> 01:19:18,920 Speaker 22: about the human rights and the wigas and the room 1569 01:19:19,040 --> 01:19:23,960 Speaker 22: key and Tibet, and we will continue to worry that 1570 01:19:24,040 --> 01:19:26,680 Speaker 22: they are a hostile force at the same time as 1571 01:19:26,680 --> 01:19:31,839 Speaker 22: wishing to take their money. It is an insuperable problem. 1572 01:19:31,920 --> 01:19:34,200 Speaker 22: I do not see how you get around it. 1573 01:19:34,320 --> 01:19:36,479 Speaker 2: He's got a fairly large delegation with him as the 1574 01:19:37,240 --> 01:19:39,679 Speaker 2: Saints that there is business to be done. Jagua Lane 1575 01:19:39,720 --> 01:19:42,120 Speaker 2: driver there among others. I mean, are looking to write 1576 01:19:42,120 --> 01:19:43,599 Speaker 2: some chicks and get some business done. 1577 01:19:43,920 --> 01:19:47,599 Speaker 22: There is definitely business to be done. And what will 1578 01:19:47,640 --> 01:19:49,960 Speaker 22: happen when he comes back is he will say We've 1579 01:19:49,960 --> 01:19:53,679 Speaker 22: got you know, the equivalent of pavillion quitsmers of trade 1580 01:19:53,720 --> 01:19:56,479 Speaker 22: out of disposit and it was very important. And I'm 1581 01:19:56,479 --> 01:20:01,759 Speaker 22: sure that's true, but it doesn't it doesn't really paper 1582 01:20:01,840 --> 01:20:06,400 Speaker 22: over the real dichotomy which we have in this country, 1583 01:20:06,439 --> 01:20:09,080 Speaker 22: which is, well, we've got to trade with China, but 1584 01:20:09,160 --> 01:20:12,679 Speaker 22: we also are very very worried about them. What should 1585 01:20:12,720 --> 01:20:15,439 Speaker 22: we do? And I don't think that Sakia has an 1586 01:20:15,439 --> 01:20:18,920 Speaker 22: answer to that either. But you know, Kenny Badenoch, the 1587 01:20:19,160 --> 01:20:21,519 Speaker 22: Conservative Party leader, has said it was wrong for him 1588 01:20:21,560 --> 01:20:24,479 Speaker 22: to go to China. I think she's wrong. I think 1589 01:20:24,720 --> 01:20:27,400 Speaker 22: you know, we have to deal with these countries exactly. 1590 01:20:27,479 --> 01:20:31,000 Speaker 2: Couldn't agree more. The by election, I noted yesterday there 1591 01:20:31,000 --> 01:20:33,400 Speaker 2: was a letter from about fifty Labor and Peace saying this, 1592 01:20:33,400 --> 01:20:35,080 Speaker 2: this whole Burnham things a bit of a stitch up. 1593 01:20:35,160 --> 01:20:36,800 Speaker 2: Fifty is not enough, is it. I mean, when you've 1594 01:20:36,800 --> 01:20:38,360 Speaker 2: got a party the size or a number of being 1595 01:20:38,360 --> 01:20:40,160 Speaker 2: pieces of the size that Starmer's got, fifty isn't going 1596 01:20:40,160 --> 01:20:40,680 Speaker 2: to do it, is it. 1597 01:20:42,040 --> 01:20:42,120 Speaker 6: No? 1598 01:20:42,479 --> 01:20:46,680 Speaker 22: And Burnham has been pretty quiet as well, so I 1599 01:20:46,720 --> 01:20:51,040 Speaker 22: don't think there was potentially a rebellion for the Labor 1600 01:20:51,080 --> 01:20:52,960 Speaker 22: Party is going to turn out to be very much 1601 01:20:52,960 --> 01:20:57,960 Speaker 22: at all. And they're also playing this by election very commonly. 1602 01:20:58,439 --> 01:21:00,400 Speaker 22: They are. They have put it out to the press 1603 01:21:01,439 --> 01:21:07,519 Speaker 22: that they're going to lose. So whatever reform does, you know, 1604 01:21:10,560 --> 01:21:14,280 Speaker 22: it is very close. A friend of mine, Matt Goodwin, 1605 01:21:14,360 --> 01:21:19,760 Speaker 22: has been chosen as the reform candidate, and that's a 1606 01:21:19,840 --> 01:21:25,000 Speaker 22: clever lad, you know, academic on sophology and voting, and 1607 01:21:25,080 --> 01:21:30,679 Speaker 22: he will know that actually overturning a majority of eighteen 1608 01:21:30,760 --> 01:21:34,600 Speaker 22: thousand versus five thousand for the Labor Party into a 1609 01:21:34,640 --> 01:21:38,160 Speaker 22: reform victory in a place which isn't actually big reform 1610 01:21:38,320 --> 01:21:43,839 Speaker 22: territory is a huge, huge ask. So I think Labor's 1611 01:21:43,840 --> 01:21:45,519 Speaker 22: plaim is pretty canarly at the moment. 1612 01:21:45,680 --> 01:21:48,960 Speaker 2: Heaving said that, I mean, is this only because they've 1613 01:21:48,960 --> 01:21:52,040 Speaker 2: got such a majority it kind of doesn't matter and 1614 01:21:52,160 --> 01:21:54,680 Speaker 2: in different circumstances it would or not. 1615 01:21:56,600 --> 01:22:02,120 Speaker 22: Well, yeah, I mean they they've got a huge majority. 1616 01:22:02,240 --> 01:22:04,439 Speaker 22: Obviously the loss of a seat to them doesn't matter 1617 01:22:04,560 --> 01:22:07,640 Speaker 22: terribly much, and they're probably right in making the calculation 1618 01:22:08,080 --> 01:22:11,519 Speaker 22: that the loss of the Manchester Merrial election would be worse. 1619 01:22:12,760 --> 01:22:18,599 Speaker 22: But I also think that this is a really good 1620 01:22:18,840 --> 01:22:24,280 Speaker 22: test of reform. Can reform not ahead of that thirty 1621 01:22:24,320 --> 01:22:29,240 Speaker 22: percent yes, which they've been pinioned on now for ages? 1622 01:22:30,200 --> 01:22:33,480 Speaker 22: Or is it the case that the Left will coalesce 1623 01:22:33,520 --> 01:22:39,200 Speaker 22: around a winning candidate and beat them at the polls 1624 01:22:39,600 --> 01:22:41,960 Speaker 22: and that will give us a real insight into what 1625 01:22:42,040 --> 01:22:43,160 Speaker 22: happens at the next election. 1626 01:22:43,360 --> 01:22:45,920 Speaker 2: As we've discussed many times before, theory versus regality. Good 1627 01:22:45,960 --> 01:22:47,160 Speaker 2: on you, Rodger, you have a good week in we'll 1628 01:22:47,160 --> 01:22:50,160 Speaker 2: catch up next Tuesday. Just briefly from the UK, we 1629 01:22:50,200 --> 01:22:52,320 Speaker 2: get the update that one in one out thing they've 1630 01:22:52,320 --> 01:22:55,400 Speaker 2: got going with France. Three hundred and fifty have come 1631 01:22:55,439 --> 01:22:57,200 Speaker 2: in to eighty one have gone out. So the one 1632 01:22:57,240 --> 01:23:01,240 Speaker 2: in one out is technically, mathematically, irrefutably not working. And 1633 01:23:01,280 --> 01:23:02,880 Speaker 2: that's before you get to the fact that it's been 1634 01:23:02,920 --> 01:23:04,759 Speaker 2: going for several months now and you're thinking to yourself, 1635 01:23:04,760 --> 01:23:06,599 Speaker 2: as two hundred and eighty one actually a lot of people, 1636 01:23:06,680 --> 01:23:09,760 Speaker 2: is that a big deal? And then for the first time, 1637 01:23:09,800 --> 01:23:11,479 Speaker 2: and this I didn't realize this. I don't know why 1638 01:23:11,479 --> 01:23:13,479 Speaker 2: I didn't realize it, but Northern Ireland are changing the 1639 01:23:13,560 --> 01:23:16,559 Speaker 2: rules around driver's licenses and for the first time they're 1640 01:23:16,560 --> 01:23:17,760 Speaker 2: going to be in fact that they're going to be 1641 01:23:17,800 --> 01:23:20,080 Speaker 2: the first area and the whole of the UK to 1642 01:23:20,200 --> 01:23:23,439 Speaker 2: have a graduated driver license for lunar drivers. You know 1643 01:23:23,479 --> 01:23:24,880 Speaker 2: how in this country. I just thought it was the 1644 01:23:24,920 --> 01:23:27,680 Speaker 2: same in most western countries. So once you at the 1645 01:23:27,720 --> 01:23:30,320 Speaker 2: age of fifteen sixteen whatever the law says. Once you 1646 01:23:30,400 --> 01:23:32,920 Speaker 2: pass you're limited in what you can do. Not so 1647 01:23:33,080 --> 01:23:35,720 Speaker 2: in Britain, you just get your license. You can do 1648 01:23:35,760 --> 01:23:37,360 Speaker 2: whatever you want whenever you want to have as many 1649 01:23:37,400 --> 01:23:39,400 Speaker 2: people in the carriage you want to drive, but two 1650 01:23:39,400 --> 01:23:42,160 Speaker 2: o'clock in the morning. But they've decided that's probably not 1651 01:23:42,200 --> 01:23:44,080 Speaker 2: the wisest thing they can do, so they're changing. It's 1652 01:23:44,080 --> 01:23:46,479 Speaker 2: sort of to end up to look like ours forty 1653 01:23:46,479 --> 01:23:48,280 Speaker 2: five The. 1654 01:23:48,439 --> 01:23:52,720 Speaker 1: Like Asking Breakfast Full Show podcast on iHeartRadio powered by 1655 01:23:52,760 --> 01:23:53,599 Speaker 1: News Talks at. 1656 01:23:53,479 --> 01:23:56,840 Speaker 2: Be from the research department. Glenn's informing me we were 1657 01:23:56,840 --> 01:23:59,000 Speaker 2: the first country in the world to do a graduated license, 1658 01:24:00,439 --> 01:24:02,839 Speaker 2: which I didn't realize. In fact, I got my license 1659 01:24:02,840 --> 01:24:05,000 Speaker 2: at a time when it wasn't graduated. Therefore, apparently I 1660 01:24:05,120 --> 01:24:08,200 Speaker 2: just got my license to the end. Whereas Glenn is 1661 01:24:08,240 --> 01:24:09,640 Speaker 2: young enough, he's not much in them and me, but 1662 01:24:09,680 --> 01:24:10,559 Speaker 2: he's young enough. 1663 01:24:10,320 --> 01:24:12,439 Speaker 13: To remember significantly younger, I think. 1664 01:24:12,320 --> 01:24:14,080 Speaker 2: Are you really okay? Let's debate that, and. 1665 01:24:14,120 --> 01:24:19,720 Speaker 9: That I'm the same age as your child bride cars. 1666 01:24:19,880 --> 01:24:22,080 Speaker 2: Did we sell a lot last year? Yes, we did. 1667 01:24:22,560 --> 01:24:24,720 Speaker 2: Stats out this morning for twenty twenty five. For the 1668 01:24:24,960 --> 01:24:27,880 Speaker 2: year of twenty twenty five, one hundred and thirty hundred 1669 01:24:27,880 --> 01:24:30,000 Speaker 2: and fifty three new cars good, which is a ten 1670 01:24:30,040 --> 01:24:32,719 Speaker 2: thousand dollars bump on the previous year. So that's excellent. 1671 01:24:32,800 --> 01:24:34,800 Speaker 2: So we're back. We've got a new number one car. 1672 01:24:34,920 --> 01:24:37,080 Speaker 2: Let me give you the commercials. First Ranger, number one, 1673 01:24:37,600 --> 01:24:41,479 Speaker 2: high LUTs number two, Triton number three, Navara pops in 1674 01:24:41,520 --> 01:24:45,280 Speaker 2: there at number four. The Shark did okay byd Shark 1675 01:24:45,960 --> 01:24:49,000 Speaker 2: at eighteen eighty two. Mind you, you know, when you're 1676 01:24:49,000 --> 01:24:53,120 Speaker 2: selling eight nine thousand ranges and highluxes, eighteen hundred has 1677 01:24:53,120 --> 01:24:55,000 Speaker 2: got a long way to go. But as for the 1678 01:24:55,080 --> 01:24:59,600 Speaker 2: cars themselves, Rev four is the new. It used to 1679 01:24:59,640 --> 01:25:01,320 Speaker 2: be the four range was the number one selling car 1680 01:25:01,320 --> 01:25:03,920 Speaker 2: in the country. RAV four has taken that. I don't 1681 01:25:04,000 --> 01:25:07,680 Speaker 2: I wonder obviously whether that's slightly stacked, Not that it 1682 01:25:07,680 --> 01:25:09,400 Speaker 2: matters the sales the sale, but I wonder if it's 1683 01:25:09,400 --> 01:25:12,799 Speaker 2: slightly stacked by the rental car companies, because rental car companies, 1684 01:25:12,800 --> 01:25:15,240 Speaker 2: I'm assuming as tourism booms, need to buy more cars. 1685 01:25:16,200 --> 01:25:18,080 Speaker 2: I had a car over the holidays. It was a 1686 01:25:18,160 --> 01:25:20,799 Speaker 2: RAV four as a rental car, and I thought to myself, 1687 01:25:20,840 --> 01:25:23,559 Speaker 2: then maybe you know that's where that is. So they 1688 01:25:23,640 --> 01:25:25,920 Speaker 2: their number one. Now the Ranger comes in at number two, 1689 01:25:25,920 --> 01:25:27,599 Speaker 2: the A six and the Outlander of done well, it's 1690 01:25:27,600 --> 01:25:29,479 Speaker 2: a bish You're doing okay, forty nine hundred and forty 1691 01:25:29,479 --> 01:25:32,439 Speaker 2: three hundred units each, Kia at eighty five hundred and 1692 01:25:32,479 --> 01:25:34,960 Speaker 2: total Suzuki at forty nine to twenty five are still 1693 01:25:35,560 --> 01:25:38,240 Speaker 2: you know, I guess doing reasonably well. So the most 1694 01:25:38,240 --> 01:25:42,200 Speaker 2: important part of that is that we're selling more cars, 1695 01:25:42,280 --> 01:25:46,000 Speaker 2: and long may that continue. Turn away from nine for the. 1696 01:25:46,120 --> 01:25:49,800 Speaker 4: My casking breakfast with the Defender and use TOGSENDB. 1697 01:25:49,560 --> 01:25:52,599 Speaker 2: For fifty years now, Bailey's are good friends. At Bailey's 1698 01:25:52,600 --> 01:25:54,799 Speaker 2: real Estate, they built this legacy of trust and innovation 1699 01:25:54,920 --> 01:25:57,360 Speaker 2: right across this beautiful country as the country's leading they 1700 01:25:57,400 --> 01:26:01,840 Speaker 2: are the country's leading full service real estate agency. Humble beginnings, 1701 01:26:01,560 --> 01:26:04,639 Speaker 2: that's where most great stories start. Of course, they've matured 1702 01:26:04,880 --> 01:26:07,559 Speaker 2: into the country's largest locally owned and family operated real 1703 01:26:07,640 --> 01:26:10,160 Speaker 2: estate network. They've got more than one hundred officers two 1704 01:26:10,240 --> 01:26:13,240 Speaker 2: thousand personnel expertise across all corners of the property sector, 1705 01:26:13,280 --> 01:26:16,519 Speaker 2: including your residential, your commercial, rural, property services, the whole lot. 1706 01:26:16,960 --> 01:26:19,479 Speaker 2: They add value across the property sector. They're also beside 1707 01:26:19,520 --> 01:26:20,960 Speaker 2: you on the rugby pitch and the gun boots on 1708 01:26:21,000 --> 01:26:24,280 Speaker 2: the farm, investing in the local communities nationwide because that 1709 01:26:24,400 --> 01:26:26,519 Speaker 2: is the Kiwi way and that is the Bailey's way. 1710 01:26:26,800 --> 01:26:29,080 Speaker 2: They are backed not only by the national network and 1711 01:26:29,160 --> 01:26:32,920 Speaker 2: strategic international partnerships, and that combined give their clients the 1712 01:26:32,920 --> 01:26:36,000 Speaker 2: cutting edge. People are at the forefront of everything they do, 1713 01:26:36,080 --> 01:26:38,960 Speaker 2: so they're super proud to support New Zealanders to achieve 1714 01:26:39,120 --> 01:26:42,599 Speaker 2: our property goals. They've done real estate differently fifty years now, 1715 01:26:42,600 --> 01:26:45,200 Speaker 2: half a century. So the question is how can Bailees 1716 01:26:45,240 --> 01:26:49,120 Speaker 2: altogether a better approach help you. Bailees dot Co dot 1717 01:26:49,200 --> 01:26:55,000 Speaker 2: NZ licensed under therea Act of two thousand and eight tasking. 1718 01:26:55,840 --> 01:26:58,400 Speaker 2: It's a good point, Mike. Most companies in New Zealand 1719 01:26:58,400 --> 01:27:00,840 Speaker 2: are putting their team into a rav which is driving 1720 01:27:00,840 --> 01:27:03,439 Speaker 2: the uplift. Excuse the pun having said that, I thought 1721 01:27:03,479 --> 01:27:06,519 Speaker 2: it was all Suzuki swifts, but maybe the councils are 1722 01:27:06,520 --> 01:27:09,360 Speaker 2: buying the raps. Can I say something moderately controversial without 1723 01:27:09,360 --> 01:27:13,080 Speaker 2: offending anybody? In renting a rab over the holiday period, 1724 01:27:13,160 --> 01:27:15,720 Speaker 2: I didn't do much for me. I wasn't moved by it. 1725 01:27:15,760 --> 01:27:18,400 Speaker 2: I thought, oh, yeah, it would depend what it costs. 1726 01:27:18,439 --> 01:27:21,519 Speaker 2: I'm not sure what Arab costs. If it costs thirty two, 1727 01:27:21,920 --> 01:27:24,120 Speaker 2: nine hundred and ninety five dollars, not bad. If it 1728 01:27:24,120 --> 01:27:26,719 Speaker 2: costs sixty nine, seven hundred and fifty dollars, I'm thinking 1729 01:27:26,920 --> 01:27:29,880 Speaker 2: not the greatest car, just that hybrid thing. I'm not 1730 01:27:29,920 --> 01:27:30,800 Speaker 2: a hybrid fan. 1731 01:27:31,240 --> 01:27:32,639 Speaker 13: You don't have to have a hybrid one. 1732 01:27:32,760 --> 01:27:34,920 Speaker 2: Well I got a hybrid one. You know, nothing I 1733 01:27:34,920 --> 01:27:36,320 Speaker 2: could do about it. They just gave it to me. 1734 01:27:36,360 --> 01:27:38,439 Speaker 2: But it had a hybrid thing, and I thought, is 1735 01:27:38,479 --> 01:27:41,200 Speaker 2: this the future? Honestly? Anyway? 1736 01:27:42,120 --> 01:27:44,679 Speaker 13: That was fifty K for a brand fifty for fifty. 1737 01:27:44,520 --> 01:27:46,240 Speaker 2: K for a brand new car, and that'd go for 1738 01:27:46,240 --> 01:27:48,400 Speaker 2: a long way because it's a Toyota, which I guess. 1739 01:27:48,520 --> 01:27:48,960 Speaker 2: I don't know. 1740 01:27:50,600 --> 01:27:52,000 Speaker 13: They hold their values pretty well too? 1741 01:27:52,040 --> 01:27:53,200 Speaker 2: Do they hold their values pretty well? 1742 01:27:53,320 --> 01:27:56,240 Speaker 9: Speaking from you got one, I've got a REVD and 1743 01:27:57,000 --> 01:28:00,320 Speaker 9: the car before the car now was rad If. 1744 01:28:00,160 --> 01:28:01,880 Speaker 2: That's what they say, are you one of those? I 1745 01:28:02,000 --> 01:28:03,800 Speaker 2: want to board a rab. It's like my granddad had 1746 01:28:03,800 --> 01:28:05,840 Speaker 2: a Commodore always, but no, what do you want? He 1747 01:28:05,920 --> 01:28:08,920 Speaker 2: brought a Belmont and you had a Belmont. You always 1748 01:28:08,920 --> 01:28:11,320 Speaker 2: had a Belmont? So what it is? Five minutes away from. 1749 01:28:11,280 --> 01:28:13,719 Speaker 4: Nine trending now. 1750 01:28:16,600 --> 01:28:19,040 Speaker 2: Every day Holden Kingswood with a stick shift. 1751 01:28:19,080 --> 01:28:20,280 Speaker 13: Yeah, my dad had. 1752 01:28:20,280 --> 01:28:21,760 Speaker 2: Everyone had a King's would didn't they. 1753 01:28:22,560 --> 01:28:24,200 Speaker 9: They used to make me sit in the boot facing 1754 01:28:24,200 --> 01:28:26,920 Speaker 9: the wrong way because I was the fourth kidding, there 1755 01:28:26,960 --> 01:28:28,400 Speaker 9: was only three seats in the back seat. 1756 01:28:28,439 --> 01:28:32,280 Speaker 2: See, nothing odd happened to you because of that, did it? 1757 01:28:32,640 --> 01:28:34,640 Speaker 2: You know these days that's a crime, But back in 1758 01:28:34,680 --> 01:28:36,280 Speaker 2: the day, no big deal. 1759 01:28:37,000 --> 01:28:41,760 Speaker 4: Trending now, with your home of summer attention. 1760 01:28:41,720 --> 01:28:44,160 Speaker 2: Trumps launched his version of Kiwi Saber. So he gives 1761 01:28:44,200 --> 01:28:47,280 Speaker 2: you a thousand bucks for every newborn. Money's then invested 1762 01:28:47,280 --> 01:28:49,800 Speaker 2: on your behalf. JP Morgan Chase said they are going 1763 01:28:49,840 --> 01:28:52,519 Speaker 2: to match it. I wonder if that's got anything to 1764 01:28:52,520 --> 01:28:55,120 Speaker 2: do with the fact that they're getting sued by Trump. Anyway, 1765 01:28:55,160 --> 01:28:56,559 Speaker 2: guess who was there, Nicki Min. 1766 01:28:56,960 --> 01:28:59,040 Speaker 20: I'd like to ask you to come up, Nicky, come 1767 01:28:59,040 --> 01:29:00,040 Speaker 20: on up, come on. 1768 01:29:01,560 --> 01:29:04,360 Speaker 22: She's been such a great supporter and a great supporter 1769 01:29:04,520 --> 01:29:08,439 Speaker 22: of Trump accounts. And I said, I'm going to let 1770 01:29:08,479 --> 01:29:11,040 Speaker 22: my nails grow because I love those nails. 1771 01:29:12,400 --> 01:29:14,200 Speaker 4: I'm going to let those nails grow. 1772 01:29:15,040 --> 01:29:16,639 Speaker 2: She was up on the furry white outfit. 1773 01:29:16,680 --> 01:29:22,000 Speaker 15: By the way, I am probably the President's number one 1774 01:29:22,160 --> 01:29:31,200 Speaker 15: fan and that's not going to change. And the hate 1775 01:29:31,320 --> 01:29:34,759 Speaker 15: or what people have to say, it does not affect 1776 01:29:34,800 --> 01:29:38,880 Speaker 15: me at all. It actually motivates me to support him more. 1777 01:29:38,960 --> 01:29:43,360 Speaker 15: He has a lot of force behind him and God 1778 01:29:43,800 --> 01:29:47,400 Speaker 15: is protecting him. Amen. 1779 01:29:49,680 --> 01:29:50,760 Speaker 2: Trump heighted that. 1780 01:29:52,280 --> 01:29:54,320 Speaker 4: Well, that was great, a little interlude. 1781 01:29:54,360 --> 01:29:56,760 Speaker 20: I don't know that's better than getting Scott bessent up. 1782 01:29:58,560 --> 01:30:02,120 Speaker 2: That's quite funny, quite funny. You get him in the 1783 01:30:02,200 --> 01:30:05,679 Speaker 2: right mood, in the right environment, with a large number 1784 01:30:05,720 --> 01:30:08,320 Speaker 2: of sick efents around him, he could actually be seen 1785 01:30:08,320 --> 01:30:11,120 Speaker 2: as quite a likable god, couldn't he anyway? That is 1786 01:30:11,200 --> 01:30:16,600 Speaker 2: us Back tomorrow morning from six as always every days. 1787 01:30:20,200 --> 01:30:22,120 Speaker 4: For more from the Mic Asking Breakfast. 1788 01:30:22,280 --> 01:30:25,600 Speaker 1: Listen live to news talks it'd be from six am weekdays, 1789 01:30:25,840 --> 01:30:27,880 Speaker 1: or follow the podcast on iHeartRadio.